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22000000.00000000 PA USD 21839351.16000000 0.174658862455 Long STIV USGSE US N 2 N N N PHOENIX NEWCO INC 254900PHGVI5379Z9791 Phoenix Newco, Inc 71911KAC8 500000.00000000 PA USD 495895.00000000 0.003965889644 Long LON CORP US N 2 2028-11-15 Variable 4.00000000 N N N N N N ELP 2021-ELP N/A ELP Commercial Mortgage Trust 26863LAL8 6870000.00000000 PA USD 6650065.19000000 0.053183485756 Long ABS-MBS CORP US Y 2 2038-11-15 Variable 2.51510000 N N N N N N REPUBLIC OF RWANDA 213800AKFASSQE52AZ88 Rwanda International Government Bond 78347YAL7 4850000.00000000 PA USD 4420507.57000000 0.035352736351 Long DBT NUSS RW Y 2 2031-08-09 Fixed 5.50000000 N N N N N N BENCHMARK Mortgage Trust N/A Benchmark Mortgage Trust 08162QBA6 2500000.00000000 PA USD 2396937.00000000 0.019169355661 Long ABS-MBS CORP US Y 2 2048-09-15 Variable 3.53630000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 United States Treasury Note 91282CEA5 131880000.00000000 PA USD 129958467.52000000 1.039334819848 Long DBT UST US N 2 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Mortgage-Backed Securities Corp Trust 36262DAD0 1166047.44000000 PA USD 1160128.58000000 0.009278056687 Long ABS-CBDO CORP US Y 2 2050-07-25 Variable 3.50000000 N N N N N N ANGLO AMERICAN CAPITAL TINT358G1SSHR3L3PW36 Anglo American Capital plc 034863AX8 4550000.00000000 PA USD 4125531.14000000 0.032993680565 Long DBT CORP GB Y 2 2030-09-10 Fixed 2.62500000 N N N N N N PFS Financing Corp. N/A PFS Financing Corp 69335PDP7 20500000.00000000 PA USD 20196399.10000000 0.161519454797 Long ABS-O CORP US Y 2 2025-06-15 Fixed 1.27000000 N N N N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 Dominion Energy, Inc 25746UDL0 4000000.00000000 PA USD 3602994.20000000 0.028814723651 Long DBT CORP US N 2 2031-08-15 Fixed 2.25000000 N N N N N N NEW YORK ST DORM AUTH REVENUES 549300C8XO7EXTX2XU71 New York State Dormitory Authority 64990CZW4 5680000.00000000 PA USD 5770858.42000000 0.046152083898 Long DBT MUN US N 2 2039-07-01 Fixed 3.99800000 N N N N N N 2022-03-31 COLLEGE RETIREMENT EQUITIES FUND E. Scott Wickerham E. Scott Wickerham Funds Treasurer XXXX NPORT-EX 2 tiaa_0000777535.htm tiaa_0000777535_20220331_20220525160436277.pdf

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

COLLEGE RETIREMENT EQUITIES FUND

STOCK ACCOUNT

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2022

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

 

(000)

BONDS - 0.0%

 

 

 

 

 

 

 

 

CORPORATE BONDS - 0.0%

 

 

 

 

 

 

 

 

FOOD, BEVERAGE & TOBACCO - 0.0%

 

 

 

 

 

 

 

 

INR 4,636,868

Britannia Industries Ltd

 

5.500%

06/03/24

 

$61

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

 

 

 

 

 

 

61

 

 

TOTAL CORPORATE BONDS

 

 

 

 

 

 

61

 

 

(Cost $64)

 

 

 

 

 

 

 

 

 

TOTAL BONDS

 

 

 

 

 

 

61

 

 

(Cost $64)

 

 

 

 

 

 

 

SHARES

 

COMPANY

 

COMMON STOCKS - 98.5%

 

 

 

AUTOMOBILES & COMPONENTS - 2.3%

 

 

21,879

e

AB Dynamics plc

312

54,000

 

Actron Technology Corp

438

904,648

*

Adient plc

36,883

196,353

 

Aisin Seiki Co Ltd

6,711

451,152

*

American Axle & Manufacturing Holdings, Inc

3,501

386,505

 

Apollo Tyres Ltd

967

571,857

*

Aptiv plc

68,457

92,692

 

ARB Corp Ltd

2,853

5,831

*,e

Arcimoto, Inc

39

63,463

 

Asahi India Glass Ltd

359

81,480

*,g

Aston Martin Lagonda Global Holdings plc

1,044

67,519,407

 

Astra International Tbk PT

30,910

29,555

 

Autel Intelligent Technology Corp Ltd

180

138,882

 

Autoliv, Inc

10,616

3,451

e

Autoneum Holding AG.

479

76,351

 

Bajaj Holdings and Investment Ltd

3,667

93,955

 

Balkrishna Industries Ltd

2,635

216,266

 

Bayerische Motoren Werke AG.

18,689

8,510

 

Bayerische Motoren Werke AG. (Preference)

659

251,445

 

Bharat Forge Ltd

2,310

84,462

 

BorgWarner, Inc

3,286

376,557

 

Bridgestone Corp

14,616

1,248,497

*,†

Brilliance China Automotive Holdings Ltd

571

121,043

 

BYD Co Ltd

4,331

897,862

 

BYD Co Ltd (H shares)

24,974

195,163

*,e

Canoo, Inc

1,077

23,001

 

Ceat Ltd

282

5,639

 

Changzhou Xingyu Automotive Lighting Systems Co Ltd

115

1,907,885

 

Cheng Shin Rubber Industry Co Ltd

2,349

270,000

 

China Motor Corp

568

100,776

 

Chongqing Changan Automobile Co Ltd

179

59,681

 

Cie Automotive S.A.

1,360

71,587

 

Cie Plastic Omnium SA

1,300

1,012,420

*

Cofide S.p.A.

455

491,776

*

Continental AG.

35,254

14,956

*

Cooper-Standard Holding, Inc

131

62,000

 

Cub Elecparts, Inc

339

577,488

 

Daimler AG. (Registered)

40,534

549,721

 

Dana Inc

9,659

451,706

 

Denso Corp

28,819

1

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

388,389

g

Dometic Group AB

$3,342

3,056,517

 

Dongfeng Motor Group Co Ltd

2,286

7,807

*

Dorman Products, Inc

742

1,100,700

 

Drb-Hicom BHD

384

32,200

 

Eagle Industry Co Ltd

256

150,068

 

Eicher Motors Ltd

4,839

120,062

*

ElringKlinger AG.

1,136

36,365

g

Endurance Technologies Ltd

523

36,482

 

Exedy Corp

469

429,483

 

Exide Industries Ltd

851

24,393

e

Faurecia

634

72,886

 

FAW Jiefang Group Co Ltd

99

44,700

 

FCC Co Ltd

489

85,290

 

Ferrari NV

18,581

210,235

*,e

Fisker, Inc

2,712

1,818,807

 

Ford Motor Co

30,756

67,447

 

Ford Otomotiv Sanayi AS

1,373

35,854

*

Fox Factory Holding Corp

3,512

454,621

e

Freni Brembo SpA

5,061

407,401

 

Fuji Heavy Industries Ltd

6,471

80,263

 

Fuyao Glass Industry Group Co Ltd - A

449

661,362

g

Fuyao Glass Industry Group Co Ltd - H

2,685

6,515,302

 

Geely Automobile Holdings Ltd

10,092

3,181,294

*

General Motors Co

139,150

80,447

 

Gentex Corp

2,347

38,747

*

Gentherm, Inc

2,830

211,509

g

Gestamp Automocion S.A.

738

5,815

 

Global & Yuasa Battery Co Ltd

326

48,000

 

Global PMX Co Ltd

248

1,628,761

*

Goodyear Tire & Rubber Co

23,275

88,159

 

Great Wall Motor Co Ltd

377

3,446,246

 

Great Wall Motor Co Ltd

5,409

29,500

 

G-Tekt Corp

307

3,389,042

 

Guangzhou Automobile Group Co Ltd - H

2,795

146,137

 

GUD Holdings Ltd

1,265

8,639

 

Halla Holdings Corp

289

80,167

 

Hankook Tire Co Ltd

2,213

24,452

 

Hankook Tire Worldwide Co Ltd

294

194,363

 

Hanon Systems

1,881

142,813

 

Harley-Davidson, Inc

5,627

133,034

 

Hero Honda Motors Ltd

4,001

1,195,386

 

Honda Motor Co Ltd

33,884

1,450,000

 

Hota Industrial Manufacturing Co Ltd

4,103

110,315

 

Huayu Automotive Systems Co Ltd

345

522,000

e

Huazhong In-Vehicle Holdings Co Ltd

181

30,200

 

Huizhou Desay Sv Automotive Co Ltd

598

73,272

 

Hyundai Mobis

12,914

153,351

 

Hyundai Motor Co

22,626

40,644

 

Hyundai Motor Co Ltd (2nd Preference)

2,889

25,564

 

Hyundai Motor Co Ltd (Preference)

1,808

19,957

 

Hyundai Wia Corp

1,049

32,500

 

Ichikoh Industries Ltd

109

389,151

 

Isuzu Motors Ltd

5,027

493,342

 

Johnson Electric Holdings Ltd

679

257,900

 

JTEKT Corp

2,018

24,596

 

Kayaba Industry Co Ltd

596

532,000

 

Kenda Rubber Industrial Co Ltd

593

329,556

 

Kia Motors Corp

19,961

765,587

*

Koito Manufacturing Co Ltd

30,983

87,841

*

Kumho Tire Co, Inc

304

3,294

 

LCI Industries, Inc

342

20,258

 

Lear Corp

2,889

622,022

*

Li Auto, Inc (ADR)

16,054

55,129

 

Linamar Corp

2,451

2

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

128,839

*,e

Lordstown Motors Corp

$439

341,351

 

Magna International, Inc

21,915

956,510

 

Mahindra & Mahindra Ltd

10,116

114,271

*

Mahindra CIE Automotive Ltd

257

38,000

 

Mahle-Metal Leve S.A. Industria e Comercio

205

39,996

 

Mando Corp

1,645

96,685

e

Martinrea International, Inc

695

150,801

 

Maruti Suzuki India Ltd

14,965

371,597

 

Mazda Motor Corp

2,731

12,267

 

MGI Coutier

271

52,100

*

Mianyang Fulin Precision Co Ltd

178

391,158

 

Michelin (C.G.D.E.) (Class B)

53,008

82,358

 

Minda Industries Ltd

1,006

831,426

 

Minth Group Ltd

2,026

1,364,500

*

Mitsubishi Motors Corp

3,665

156,281

*

Modine Manufacturing Co

1,408

1,412,456

 

Motherson Sumi Systems Ltd

2,586

2,015,604

*

Motherson Sumi Wiring India Lt

1,714

16,097

*

Motorcar Parts of America, Inc

287

2,012

 

MRF Ltd

1,720

54,638

 

Musashi Seimitsu Industry Co Ltd

671

21,511

*

Myoung Shin Industrial Co Ltd

405

377,000

 

Nan Kang Rubber Tire Co Ltd

555

1,983,098

*,e,g

Nemak SAB de C.V.

534

33,796

 

Nexen Tire Corp

178

590,000

 

Nexteer Automotive Group Ltd

372

185,800

 

NGK Spark Plug Co Ltd

2,992

234,215

 

NHK Spring Co Ltd

1,685

98,112

 

Nifco, Inc

2,232

44,411

 

Ningbo Joyson Electronic Corp

98

37,078

 

Ningbo Tuopu Group Co Ltd

329

1,446,772

*

NIO, Inc (ADR)

30,455

63,253

 

Nippon Seiki Co Ltd

441

2,186,843

*

Nissan Motor Co Ltd

9,717

88,910

 

Nissan Shatai Co Ltd

403

30,300

*,e

Niu Technologies (ADR)

293

133,188

 

NOK Corp

1,242

157,573

 

Nokian Renkaat Oyj

2,557

44,700

 

Pacific Industrial Co Ltd

344

37,103

 

Patrick Industries, Inc

2,237

265,326

e

Piaggio & C S.p.A.

747

42,694

 

Piolax Inc

542

426,691

g

Pirelli & C S.p.A

2,315

412,668

 

Porsche AG.

39,696

181,000

 

Prinx Chengshan Cayman Holding Ltd

172

758,000

 

Qingling Motors Co Ltd

142

96,352

*,e

QuantumScape Corp

1,926

43,024

*

Renault S.A.

1,125

275,841

*,e

Rivian Automotive, Inc

13,858

8,272

 

S&T Daewoo Co Ltd

313

97,755

*

SAF-Holland SE

822

558,323

 

SAIC Motor Corp Ltd

1,489

217,700

 

Sailun Group Co Ltd

336

566,000

 

Sanyang Industry Co Ltd

567

143,310

 

Schaeffler AG.

884

29,405

 

Shandong Linglong Tyre Co Ltd

102

15,300

 

Shenzhen Kedali Industry Co Ltd

355

24,900

 

Shoei Co Ltd

928

22,522

 

SL Corp

456

1,112,600

 

Sri Trang Agro-Industry PCL (Foreign)

876

17,520

 

Standard Motor Products, Inc

756

30,749

 

Stanley Electric Co Ltd

581

441,759

 

Stellantis NV

7,152

182,407

*

Stoneridge, Inc

3,787

3

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

494,040

 

Sumitomo Electric Industries Ltd

$5,873

41,417

 

Sumitomo Riko Co Ltd

203

208,100

 

Sumitomo Rubber Industries, Inc

1,907

4,973

 

Sundaram-Clayton Ltd

234

115,348

 

Sundram Fasteners Ltd

1,363

67,753

 

Suprajit Engineering Ltd

304

242,958

*

Suzuki Motor Corp

8,326

1,838,313

*

Tata Motors Ltd

10,390

27,500

 

Teikoku Piston Ring Co Ltd

292

208,858

*

Tenneco, Inc

3,826

1,287,160

*,n

Tesla, Inc

1,387,044

90,097

e

Thor Industries, Inc

7,091

271,450

g

TI Fluid Systems plc

678

800,000

e

Tianneng Power International Ltd

683

159,652

 

Tofas Turk Otomobil Fabrik

847

64,547

 

Tokai Rika Co Ltd

791

390,000

 

Tong Yang Industry Co Ltd

436

36,368

 

Topre Corp

347

381,025

e

Toyo Tire & Rubber Co Ltd

4,845

83,000

 

Toyoda Gosei Co Ltd

1,369

79,595

 

Toyota Boshoku Corp

1,294

20,303,655

*

Toyota Motor Corp

366,237

10,511

 

Trigano S.A.

1,531

107,800

 

TS Tech Co Ltd

1,205

129,256

 

Tube Investments of India Ltd

2,758

64,000

 

Tung Thih Electronic Co Ltd

333

76,300

 

Tupy S.A.

286

229,652

 

TVS Motor Co Ltd

1,883

354,100

 

UMW Holdings BHD

277

1,892,265

e

Valeo S.A.

34,952

3,713

*

Visteon Corp

405

26,734

*

Vitesco Technologies Group AG.

1,061

26,631

 

Volkswagen AG.

6,578

338,095

 

Volkswagen AG. (Preference)

58,102

56,904

e

Winnebago Industries, Inc

3,075

101,678

*,e

Workhorse Group, Inc

508

1,050,000

e

Wuling Motors Holdings Ltd

139

95,665

*,e

XL Fleet Corp

190

37,208

*

XPEL, Inc

1,958

402,516

*

XPeng, Inc (ADR)

11,105

775,031

g

Yadea Group Holdings Ltd

1,187

308,765

 

Yamaha Motor Co Ltd

6,921

144,300

 

Yokohama Rubber Co Ltd

1,986

669,000

 

Yulon Motor Co Ltd

943

 

 

TOTAL AUTOMOBILES & COMPONENTS

3,015,692

BANKS - 7.0%

 

 

 

14,422

 

1st Source Corp

667

70,603

 

77 Bank Ltd

888

71,991

 

Aareal Bank AG.

2,263

57,438

*

Aavas Financiers Ltd

1,935

110,746

e,g

ABN AMRO Group NV

1,414

488,471

 

Absa Group Ltd

6,334

1,890,602

 

Abu Dhabi Commercial Bank PJSC

5,387

957,943

 

Abu Dhabi Islamic Bank PJSC

2,276

19,174,383

 

Agricultural Bank of China Ltd

7,330

3,349,862

 

Agricultural Bank of China Ltd (Class A)

1,624

16,802,213

 

AIB Group plc

37,009

2,226,187

 

Akbank TAS

1,097

67,618

 

Aktia Bank Oyj

814

1,417,573

 

Al Rajhi Bank

60,507

1,270,113

 

Alinma Bank

13,098

111,481

*

Alior Bank S.A.

1,208

17,342

 

Allegiance Bancshares, Inc

775

4

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,075,800

 

Alliance Financial Group BHD

$960

2,523,684

*

Alpha Bank AE

3,098

315,270

*,†

Amagerbanken AS

0

34,483

 

Amalgamated Financial Corp

620

18,833

 

Amerant Bancorp Inc

595

9,571

 

American National Bankshares, Inc

361

253,817

 

Ameris Bancorp

11,137

34,990

 

Amlak International for Real Estate Finance Co

199

1,225,834

*

AMMB Holdings BHD

1,080

146,000

e

Aozora Bank Ltd

3,076

401,052

 

Arab National Bank

2,957

12,974

 

Arrow Financial Corp

421

131,946

 

Associated Banc-Corp

3,003

64,688

 

Atlantic Union Bankshares Corp

2,373

94,013

*,g

AU Small Finance Bank Ltd

1,535

3,706,692

 

Australia & New Zealand Banking Group Ltd

75,954

36,244

 

Awa Bank Ltd

641

2,549,714

*

Axis Bank Ltd

25,385

82,533

*

Axos Financial, Inc

3,829

233,794

 

Banc of California, Inc

4,526

384,989

*,e

Banca Monte dei Paschi di Siena S.p.A

395

500,724

e

Banca Popolare di Sondrio SCARL

2,045

14,416

 

Bancfirst Corp

1,200

91,100

 

Banco ABC Brasil S.A.

330

19,999,653

 

Banco Bilbao Vizcaya Argentaria S.A.

114,197

1,641,486

 

Banco BPM S.p.A.

4,835

6,810,642

 

Banco Bradesco S.A.

26,135

9,835,227

 

Banco Bradesco S.A. (Preference)

45,901

40,158,748

*,e

Banco Comercial Portugues S.A.

7,630

30,225,704

 

Banco de Chile

3,237

34,573

*

Banco de Credito e Inversiones

1,246

6,833,649

e

Banco de Sabadell S.A.

5,584

869,900

e,g

Banco del Bajio S.A.

2,388

1,881,301

 

Banco do Brasil S.A.

13,711

292,700

 

Banco do Estado do Rio Grande do Sul

669

16,063,377

*,†

Banco Espirito Santo S.A.

178

701,575

 

Banco Inter S.A.

3,124

378,400

 

Banco Pan S.A.

842

267,610

 

Banco Santander Brasil S.A.

2,073

42,817,437

 

Banco Santander Chile S.A.

2,411

5,296,847

 

Banco Santander S.A.

18,009

157,161

 

BanColombia S.A.

1,807

140,826

 

BanColombia S.A. (ADR)

6,008

474,367

 

BanColombia S.A. (Preference)

5,068

446,195

g

Bandhan Bank Ltd

1,797

6,458,800

*

Bank Aladin Syariah Tbk PT

976

245,476

*

Bank AlBilad

4,035

277,147

 

Bank Al-Jazira

1,935

2,257,100

 

Bank BTPN Syariah Tbk PT

517

88,460,470

 

Bank Central Asia Tbk PT

49,119

6,333

e

Bank First Corp

456

54,773

 

Bank Handlowy w Warszawie S.A.

832

638,228

 

Bank Hapoalim Ltd

6,319

12,141,700

*

Bank Jago Tbk PT

12,372

722,971

 

Bank Leumi Le-Israel

7,788

803,157

*

Bank Millennium S.A.

1,259

18,740,065

 

Bank of America Corp

772,465

957,562

 

Bank of Beijing Co Ltd

690

418,100

 

Bank of Changsha Co Ltd

503

141,720

 

Bank of Chengdu Co Ltd

334

1,886,244

 

Bank of China Ltd - A

971

150,989,912

 

Bank of China Ltd - H

60,253

1,858,612

 

Bank of Communications Co Ltd - A

1,493

6,808,319

 

Bank of Communications Co Ltd - H

4,874

5

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,661,200

 

Bank of East Asia Ltd

$2,596

50,178

 

Bank of Georgia Group plc

783

235,395

 

Bank of Hangzhou Co Ltd

521

3,009

 

Bank of Hawaii Corp

253

10,808,662

*

Bank of Ireland Group plc

68,733

685,418

 

Bank of Jiangsu Co Ltd

758

580,000

 

Bank of Kaohsiung

299

67,200

 

Bank of Kyoto Ltd

2,922

31,603

 

Bank of Marin Bancorp

1,108

1,014,378

 

Bank of Montreal

119,366

436,314

 

Bank of Nanjing Co Ltd

731

284,474

 

Bank of Ningbo Co Ltd

1,667

1,532,139

 

Bank of Nova Scotia

109,811

113,873

 

Bank of NT Butterfield & Son Ltd

4,086

1,377,275

 

Bank of Queensland Ltd (ASE)

8,878

602,999

 

Bank of Shanghai Co Ltd

630

1,224,600

 

Bank of the Philippine Islands

2,357

8,929

 

Bank OZK

381

123,015

 

Bank Pekao S.A.

3,288

3,438,711

 

Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT

365

4,438,000

 

Bank Pembangunan Daerah Jawa Timur Tbk PT

244

117,334,868

 

Bank Rakyat Indonesia

37,897

13,128,800

 

Bank Tabungan Negara Persero Tbk PT

1,563

22,915

 

Bank Zachodni WBK S.A.

1,657

799,326

 

Bankinter S.A.

4,683

186,113

 

BankUnited

8,182

299,244

 

Banner Corp

17,515

36,672

 

Banque Cantonale Vaudoise

3,173

705,701

 

Banque Saudi Fransi

10,060

13,413

 

Bar Harbor Bankshares

384

57,345,633

 

Barclays plc

111,163

1,093,225

g

BAWAG Group AG.

55,163

3,926,906

 

BDO Unibank, Inc

10,031

900,724

 

Bendigo Bank Ltd

6,886

90,119

 

Berkshire Hills Bancorp, Inc

2,611

646,100

 

BIMB Holdings BHD

453

24,470

*

Blue Foundry Bancorp

332

16,628

 

Blue Ridge Bankshares, Inc

252

1,384,799

 

BNP Paribas S.A.

79,134

4,113,669

 

BOC Hong Kong Holdings Ltd

15,479

20,765

 

BOK Financial Corp

1,951

708,004

*

Boubyan Bank KSCP

2,190

1,264,313

e

BPER Banca

2,205

10,193

*

BRE Bank S.A.

850

16,301

*

Bridgewater Bancshares, Inc

272

66,169

 

Brookline Bancorp, Inc

1,047

331,642

 

BS Financial Group, Inc

2,159

4,491,123

 

Bumiputra-Commerce Holdings BHD

5,689

1,176,960

 

Burgan Bank SAK

1,126

17,670

 

Business First Bancshares, Inc

430

110,924

 

Byline Bancorp, Inc

2,959

287,777

 

Cadence BanCorp

8,420

993,405

 

CaixaBank S.A.

3,370

6,170

 

Cambridge Bancorp

524

31,897

 

Camden National Corp

1,500

69,118

 

Can Fin Homes Ltd

572

607,903

e

Canadian Imperial Bank of Commerce

73,791

221,505

e

Canadian Western Bank

6,439

454,580

*

Canara Bank

1,357

6,769

 

Capital Bancorp, Inc

155

13,589

 

Capital City Bank Group, Inc

358

213,373

 

Capitec Bank Holdings Ltd

33,982

289,433

 

Capitol Federal Financial

3,149

30,255

 

Capstar Financial Holdings, Inc

638

6

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,196

*

Carter Bankshares, Inc

$403

136,919

 

Cathay General Bancorp

6,127

14,542

 

CBTX, Inc

451

235,560

 

Central Pacific Financial Corp

6,572

2,560,615

 

Chang Hwa Commercial Bank

1,707

502,816

 

Chiba Bank Ltd

2,956

2,209,293

e,g

China Bohai Bank Co Ltd

367

7,112,490

 

China Citic Bank

3,589

731,107

 

China Construction Bank Corp - A

723

109,505,546

 

China Construction Bank Corp - H

82,027

1,929,704

 

China Everbright Bank Co Ltd - A

1,001

2,578,845

 

China Everbright Bank Co Ltd - H

973

4,385,981

 

China Merchants Bank Co Ltd

34,142

2,933,464

 

China Merchants Bank Co Ltd (Class A)

21,517

1,702,248

 

China Minsheng Banking Corp Ltd - A

1,023

4,321,991

e

China Minsheng Banking Corp Ltd - H

1,621

746,829

 

China Zheshang Bank Co Ltd

390

33,445,388

 

Chinatrust Financial Holding Co

34,084

1,306,900

 

Chongqing Rural Commercial Bank Co Ltd

818

167,100

 

Chugoku Bank Ltd

1,190

2,731,120

n

Citigroup, Inc

145,842

12,707

 

Citizens & Northern Corp

310

981,173

 

Citizens Financial Group, Inc

44,477

12,568

 

City Holding Co

989

394,678

 

City Union Bank Ltd

669

13,785

 

Civista Bancshares, Inc

332

177,526

 

Close Brothers Group plc

2,763

14,513

 

CNB Financial Corp

382

2,566

*

Coastal Financial Corp

117

185,115

*,e

Collector AB

768

194,775

e

Columbia Banking System, Inc

6,285

22,593

*

Columbia Financial, Inc

486

66,071

 

Comerica, Inc

5,975

8,172

e

Commerce Bancshares, Inc

585

1,311,913

 

Commercial Bank of Qatar QSC

2,691

1,174,448

*

Commercial International Bank

2,959

6,159,319

*

Commerzbank AG.

46,804

2,508,216

 

Commonwealth Bank of Australia

197,528

105,827

 

Community Bank System, Inc

7,424

13,929

 

Community Trust Bancorp, Inc

574

1,194,860

 

Concordia Financial Group Ltd

4,447

127,530

 

ConnectOne Bancorp, Inc

4,082

317,082

 

Credicorp Ltd

54,497

878,641

 

Credit Agricole S.A.

10,498

92,707

 

Credito Emiliano S.p.A.

609

59,046

*

CrossFirst Bankshares, Inc

931

4,101

e

Cullen/Frost Bankers, Inc

568

24,082

*

Customers Bancorp, Inc

1,256

116,656

 

CVB Financial Corp

2,708

5,646,074

*,†

Cyprus Popular Bank Public Co Ltd

62

480,427

 

Dah Sing Banking Group Ltd

424

212,708

 

Dah Sing Financial Holdings Ltd

687

42,686

 

Daishi Hokuetsu Financial Group, Inc

870

154,611

 

Danske Bank AS

2,572

1,999,968

 

DBS Group Holdings Ltd

52,404

162,260

g

Deutsche Pfandbriefbank AG.

1,970

215,565

 

DGB Financial Group Co Ltd

1,648

59,931

 

Dime Community Bancshares, Inc

2,072

364,702

 

DNB Bank ASA

8,246

1,851,523

 

Doha Bank QSC

1,312

1,884,686

 

Dubai Islamic Bank PJSC

3,156

13,590,525

 

E.Sun Financial Holding Co Ltd

15,592

26,709

 

Eagle Bancorp, Inc

1,523

137,745

e

East West Bancorp, Inc

10,885

7

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

202,719

 

Eastern Bankshares, Inc

$4,367

1,744,112

 

Emirates NBD Bank PJSC

7,097

12,913

e

Enact Holdings, Inc

287

8,668

 

Enterprise Bancorp, Inc

348

81,822

 

Enterprise Financial Services Corp

3,871

28,595

 

Equitable Group, Inc

1,641

228,234

*,g

Equitas Small Finance Bank Ltd

153

13,028

 

Equity Bancshares, Inc

421

121,291

 

Erste Bank der Oesterreichischen Sparkassen AG.

4,423

186,533

 

Essent Group Ltd

7,687

2,850,015

*

Eurobank Ergasias S.A.

3,334

2,021,000

 

Far Eastern International Bank

857

25,674

 

Farmers National Banc Corp

438

25,647

 

FB Financial Corp

1,139

7,989

 

Federal Agricultural Mortgage Corp

867

2,158,746

 

Federal Bank Ltd

2,751

20,822

 

FIBI Holdings Ltd

1,006

4,205

e

Fidelity D&D Bancorp, Inc

195

4,898,710

 

Fifth Third Bancorp

210,840

29,665

*

Finance Of America Cos, Inc

90

14,186

 

Financial Institutions, Inc

427

984,337

 

FinecoBank Banca Fineco S.p.A

14,932

497,142

 

First Bancorp

6,522

25,154

 

First Bancorp

1,051

7,988

 

First Bancorp, Inc

240

27,126

 

First Bancshares, Inc

913

12,763

 

First Bank

181

42,213

 

First Busey Corp

1,070

5,017

 

First Citizens Bancshares, Inc (Class A)

3,339

79,366

 

First Commonwealth Financial Corp

1,203

16,702

 

First Community Bancshares, Inc

471

80,548

 

First Financial Bancorp

1,857

115,680

 

First Financial Bankshares, Inc

5,104

10,177

 

First Financial Corp

440

7,138,161

 

First Financial Holding Co Ltd

7,059

160,827

 

First Foundation, Inc

3,906

8,167

 

First Hawaiian, Inc

228

39,743

 

First Horizon National Corp

934

72,244

 

First International Bank Of Israel Ltd

3,111

8,176

 

First Internet Bancorp

352

183,226

 

First Interstate Bancsystem, Inc

6,737

128,330

 

First Merchants Corp

5,339

13,056

 

First Mid-Illinois Bancshares, Inc

503

21,647

e

First National Financial Corp

702

21,936

 

First of Long Island Corp

427

388,487

 

First Republic Bank

62,974

10,591

 

Five Star Bancorp

300

44,566

 

Flagstar Bancorp, Inc

1,890

24,551

 

Flushing Financial Corp

549

23,728

 

FNB Corp

295

6,538

 

FS Bancorp, Inc

203

5,200

*,†

FS Finans A.S.

0

219,800

 

Fukuoka Financial Group, Inc

4,241

133,958

 

Fulton Financial Corp

2,226

599,701

 

Genworth Mortgage Insurance Australia Ltd

1,288

22,449

 

German American Bancorp, Inc

853

138,008

 

Glacier Bancorp, Inc

6,939

8,914

 

Great Southern Bancorp, Inc

526

2,985,561

 

Grupo Financiero Banorte S.A. de C.V.

22,448

1,526,377

*,e

Grupo Financiero Inbursa S.A.

3,198

12,551

 

Guaranty Bancshares, Inc

439

2,062,968

 

Gulf Bank KSCP

2,178

431,500

 

Gunma Bank Ltd

1,244

411,500

 

Hachijuni Bank Ltd

1,363

8

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,819,337

 

Haci Omer Sabanci Holding AS

$3,363

205,767

 

Hana Financial Group, Inc

8,184

148,353

 

Hancock Whitney Corp

7,737

850,657

 

Hang Seng Bank Ltd

16,360

164,825

 

Hanmi Financial Corp

4,056

43,850

 

HarborOne Northeast Bancorp, Inc

615

10,132

 

HBT Financial, Inc

184

741,255

 

HDFC Bank Ltd

14,276

181,159

 

HDFC Bank Ltd (ADR)

11,110

51,787

 

Heartland Financial USA, Inc

2,477

65,796

 

Heritage Commerce Corp

740

31,963

 

Heritage Financial Corp

801

133,189

 

Hilltop Holdings, Inc

3,916

1,283

 

Hingham Institution for Savings

440

306,602

 

Hirogin Holdings, Inc

1,616

26,200

 

Hokkoku Financial Holdings, Inc

654

139,960

 

Hokuhoku Financial Group, Inc

1,016

5,817

 

Home Bancorp, Inc

237

808,498

 

Home Bancshares, Inc

18,272

52,344

 

Home Capital Group, Inc

1,591

26,101

*,g

Home First Finance Co India Ltd

264

4,573

e

Home Point Capital, Inc

14

18,883

 

HomeStreet, Inc

895

14,664

 

HomeTrust Bancshares, Inc

433

417,612

 

Hong Leong Bank BHD

2,003

112,070

 

Hong Leong Credit BHD

522

237,359

 

Hope Bancorp, Inc

3,817

37,472

 

Horizon Bancorp

700

2,476,615

 

Housing Development Finance Corp

77,439

20,332,890

 

HSBC Holdings plc

138,885

5,873,004

 

Hua Nan Financial Holdings Co Ltd

4,968

750,786

 

Huaxia Bank Co Ltd

656

3,736,065

 

Huntington Bancshares, Inc

54,621

250,774

 

Hyakugo Bank Ltd

685

7,504,347

 

ICICI Bank Ltd

71,576

1,242,061

 

ICICI Bank Ltd (ADR)

23,525

3,774,601

*

IDFC Bank Ltd

1,964

121,245

 

IIFL Finance Ltd

454

20,035

 

Independent Bank Corp

441

49,646

 

Independent Bank Corp

4,056

37,148

 

Independent Bank Group, Inc

2,643

460,149

 

Indiabulls Housing Finance Ltd

951

2,793,739

 

Industrial & Commercial Bank of China Ltd - A

2,096

64,010,914

 

Industrial & Commercial Bank of China Ltd - H

39,242

854,605

 

Industrial Bank Co Ltd

2,769

185,847

 

Industrial Bank of Korea

1,652

20,164,907

 

ING Groep NV

210,540

42,493

e

Intercorp Financial Services, Inc

1,468

126,699

 

International Bancshares Corp

5,348

14,327,281

 

Intesa Sanpaolo S.p.A.

32,792

5,691,621

 

Investimentos Itau S.A. - PR

12,851

141,614

 

Investors Bancorp, Inc

2,114

4,875,956

 

iShares Core MSCI EAFE ETF

338,928

667,523

 

Israel Discount Bank Ltd

4,151

350,503,861

 

Itau CorpBanca Chile SA

780

7,703,150

 

Itau Unibanco Holding S.A.

44,461

269,754

 

Iyo Bank Ltd

1,315

375,477

e

Japan Post Bank Co Ltd

3,015

227,449

 

JB Financial Group Co Ltd

1,576

4,958,603

 

JPMorgan Chase & Co

675,957

33,240

 

Juroku Financial Group, Inc

589

60,803

*

Jyske Bank

3,305

104,831

*,e

KakaoBank Corp

4,428

489,157

 

Karur Vysya Bank Ltd

296

9

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,067,188

 

KB Financial Group, Inc

$53,481

59,175

e

KBC Ancora

2,603

530,726

 

KBC Groep NV

38,079

44,324

 

Kearny Financial Corp

571

92,248

 

Keiyo Bank Ltd

371

62,844

 

Keycorp

1,406

252,100

 

Kiatnakin Bank PCL (Foreign)

521

1,556,000

 

King's Town Bank

2,179

67,619

 

Kiyo Bank Ltd

758

53,251

 

Komercni Banka AS

2,062

380,034

 

Kotak Mahindra Bank Ltd

8,728

4,654,196

 

Krung Thai Bank PCL

1,921

3,202,458

 

Kuwait Finance House

11,276

599,747

 

Kuwait International Bank KSCP

497

888,539

 

Kuwait Projects Co Holding KSCP

586

422,700

 

Kyushu Financial Group, Inc

1,382

173,291

 

Lakeland Bancorp, Inc

2,894

19,603

 

Lakeland Financial Corp

1,431

52,252

e

Laurentian Bank of Canada

1,737

410,944

 

LIC Housing Finance Ltd

1,932

14,466

e

Liechtensteinische Landesbank AG.

867

4,048

 

Live Oak Bancshares, Inc

206

75,276,986

 

Lloyds TSB Group plc

45,841

15,338

 

Luther Burbank Corp

204

699,792

 

M&T Bank Corp

118,615

21,791

 

Macatawa Bank Corp

196

7,883,093

 

Malayan Banking BHD

16,753

2,127,800

 

Malaysia Building Society

303

3,117,994

*

Masraf Al Rayan

4,426

1,220,900

 

Mebuki Financial Group Inc

2,542

1,140,122

 

Mediobanca S.p.A.

11,521

13,055,076

 

Mega Financial Holding Co Ltd

19,494

12,555

 

Mercantile Bank Corp

445

12,553

 

Merchants Bancorp

344

125,111

 

Meta Financial Group, Inc

6,871

13,858

 

Metrocity Bankshares, Inc

325

1,212,564

 

Metropolitan Bank & Trust

1,332

28,628

*

Metropolitan Bank Holding Corp

2,913

304,680

 

MGIC Investment Corp

4,128

9,672

 

Mid Penn Bancorp, Inc

259

18,737

 

Midland States Bancorp, Inc

541

11,830

 

MidWestOne Financial Group, Inc

392

17,912,986

 

Mitsubishi UFJ Financial Group, Inc

110,723

115,548

 

Mizrahi Tefahot Bank Ltd

4,512

2,583,058

 

Mizuho Financial Group, Inc

32,948

206,553

g

Moneta Money Bank AS

838

53,391

*

Mr Cooper Group, Inc

2,438

29,768

 

Musashino Bank Ltd

426

9,014

 

MVB Financial Corp

374

28,549

 

Nanto Bank Ltd

460

3,604,309

 

National Australia Bank Ltd

86,773

148,088

 

National Bank Holdings Corp

5,965

6,645,332

 

National Bank of Abu Dhabi PJSC

42,697

475,300

e

National Bank of Canada

36,434

691,354

*

National Bank of Greece S.A.

2,546

4,970,485

 

National Bank of Kuwait SAKP

17,961

3,220,801

 

National Commercial Bank

60,602

19,972,238

 

Natwest Group plc

56,408

35,141

 

NBT Bancorp, Inc

1,270

318,838

 

Nedbank Group Ltd

5,065

33,574

e

New York Community Bancorp, Inc

360

8,498

*

Nicolet Bankshares, Inc

795

155,464

 

Nishi-Nippon Financial Holdings, Inc

957

180,298

*

NMI Holdings, Inc

3,718

10

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

3,424,952

e

Nordea Bank Abp

$35,250

9,482,412

 

Nordea Bank Abp

97,600

294,397

 

North Pacific Bank Ltd

573

37,841

 

Northfield Bancorp, Inc

543

4,867

e

Northrim BanCorp, Inc

212

104,322

 

Northwest Bancshares, Inc

1,409

217,249

 

Nova Ljubljanska Banka dd (GDR)

3,293

1,046,000

 

O-Bank Co Ltd

372

79,702

 

OceanFirst Financial Corp

1,602

7,598

*

Ocwen Financial Corp

181

312,451

 

OFG Bancorp

8,324

39,407

 

Ogaki Kyoritsu Bank Ltd

611

29,500

 

Okinawa Financial Group, Inc

495

442,304

 

Old National Bancorp

7,245

86,130

 

Old Second Bancorp, Inc

1,250

37,566

 

Origin Bancorp, Inc

1,589

8,651

 

Orrstown Financial Services, Inc

198

517,302

 

OSB Group plc

3,832

148,028

*

OTP Bank

5,370

4,175,771

 

Oversea-Chinese Banking Corp

37,882

133,232

 

Pacific Premier Bancorp, Inc

4,710

401,603

 

PacWest Bancorp

17,321

289,162

 

Paragon Group of Cos plc

1,892

12,076

 

Park National Corp

1,587

18,836

 

PCSB Financial Corp

360

15,719

 

Peapack Gladstone Financial Corp

546

27,530

 

PennyMac Financial Services, Inc

1,465

21,016

 

Peoples Bancorp, Inc

658

6,529

 

Peoples Financial Services Corp

330

441,942

 

People's United Financial, Inc

8,834

223,171

 

Pepper Money Ltd

340

1,724,856

*

Permanent TSB Group Holdings plc

3,196

797,184

 

Ping An Bank Co Ltd

1,923

133,777

 

Pinnacle Financial Partners, Inc

12,318

10,292

*

Pioneer Bancorp, Inc

108

1,010,769

*

Piraeus Financial Holdings S.A.

1,573

59,304

*,g

PNB Housing Finance Ltd

293

719,394

 

PNC Financial Services Group, Inc

132,692

54,439

 

Popular, Inc

4,450

1,248,937

 

Postal Savings Bank of China Co Ltd - A

1,055

23,756,972

g

Postal Savings Bank of China Co Ltd - H

19,130

586,460

*

Powszechna Kasa Oszczednosci Bank Polski S.A.

5,526

182,186

 

Preferred Bank

13,498

32,043

 

Premier Financial Corp

972

49,362

 

Primis Financial Corp

690

68,150

e

Prosperity Bancshares, Inc

4,728

14,581

 

Provident Bancorp Inc

236

63,932

 

Provident Financial Services, Inc

1,496

22,842,985

 

PT Bank Mandiri Persero Tbk

12,529

5,347,953

 

PT Bank Negara Indonesia

3,056

16,442,005

 

Public Bank BHD

18,239

456,911

 

Qatar International Islamic Bank QSC

1,388

773,128

 

Qatar Islamic Bank SAQ

5,061

7,669,586

 

Qatar National Bank

48,469

14,081

 

QCR Holdings, Inc

797

164,441

 

Qingdao Rural Commercial Bank Corp

91

442,174

 

Radian Group, Inc

9,821

36,397

 

Raiffeisen International Bank Holding AG.

517

12,340

 

RBB Bancorp

290

5,512,500

*,g

RBL Bank Ltd

9,402

4,509

 

Red River Bancshares Inc

239

280,300

e

Regional SAB de C.V.

1,970

64,750

 

Regions Financial Corp

1,441

62,916

 

Renasant Corp

2,105

11

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,727

 

Republic Bancorp, Inc (Class A)

$347

44,494

*

Republic First Bancorp, Inc

230

4,157,500

 

Resona Holdings, Inc

17,708

1,216,657

 

RHB Capital BHD

1,725

33,531

 

Ringkjoebing Landbobank A.S.

4,257

1,707,484

 

Riyad Bank

17,038

138,489

 

Rocket Cos, Inc

1,540

1,880,362

 

Royal Bank of Canada

207,026

32,717

 

S&T Bancorp, Inc

968

39,336

 

Sandy Spring Bancorp, Inc

1,767

160,864

 

San-In Godo Bank Ltd

820

950,359

 

Saudi British Bank

10,038

23,647

g

Sbanken ASA

281

62,638

 

Seacoast Banking Corp of Florida

2,194

546,640

 

Security Bank Corp

1,148

13,708

 

ServisFirst Bancshares, Inc

1,306

752,300

 

Seven Bank Ltd

1,468

2,445,978

 

Shanghai Commercial & Savings Bank Ltd

4,263

1,309,934

 

Shanghai Pudong Development Bank Co Ltd

1,648

58,800

 

Shiga Bank Ltd

1,056

733,470

 

Shinhan Financial Group Co Ltd

24,915

90,900

*

Shinsei Bank Ltd

1,658

353,347

 

Shizuoka Bank Ltd

2,480

999,761

 

Siam Commercial Bank PCL

3,398

12,612

 

Sierra Bancorp

315

56,857

 

Signature Bank

16,687

22,753

*

Silvergate Capital Corp

3,426

95,549

 

Simmons First National Corp (Class A)

2,505

6,959,617

 

SinoPac Financial Holdings Co Ltd

4,451

891,357

e

Skandinaviska Enskilda Banken AB (Class A)

9,636

11,537

 

SmartFinancial, Inc

295

174,574

 

Societe Generale

4,680

20,381

 

South Plains Financial Inc

542

67,397

 

South State Corp

5,499

5,209

*

Southern First Bancshares, Inc

265

6,550

 

Southern Missouri Bancorp, Inc

327

25,917

 

Southside Bancshares, Inc

1,058

110,095

 

Spar Nord Bank AS

1,450

67,414

 

Sparebank Oestlandet

1,069

195,320

 

SpareBank SR-Bank ASA

2,973

140,860

 

Sparebanken Midt-Norge

2,250

164,278

 

Sparebanken Nord-Norge

2,004

11,714

 

Spirit of Texas Bancshares, Inc

308

3,642

 

St Galler Kantonalbank

1,819

5,486,235

 

Standard Bank Group Ltd

68,161

6,389,702

 

Standard Chartered plc

42,415

3,836,716

 

State Bank of India

24,788

16,109

 

Stock Yards Bancorp, Inc

852

2,380,828

 

Sumitomo Mitsui Financial Group, Inc

75,206

349,363

 

Sumitomo Mitsui Trust Holdings, Inc

11,370

9,769

 

Summit Financial Group, Inc

250

247,864

 

Suruga Bank Ltd

824

34,586

*

SVB Financial Group

19,349

350,775

e

Svenska Handelsbanken AB

3,226

388,813

e

Swedbank AB (A Shares)

5,807

107,710

 

Sydbank AS

3,677

11,111

e

Synovus Financial Corp

544

3,407,000

 

Taichung Commercial Bank

1,792

7,132,924

 

Taishin Financial Holdings Co Ltd

5,074

7,445,000

 

Taiwan Business Bank

3,321

6,561,844

 

Taiwan Cooperative Financial Holding

6,735

50,252

 

TBC Bank Group plc

726

70,345

*

Texas Capital Bancshares, Inc

4,031

32,042

 

Texcell-NetCom Co Ltd

250

12

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

3,823

 

TFS Financial Corp

$63

371,600

 

Thanachart Capital PCL

479

44,624

*

The Bancorp, Inc

1,264

2,663

*

Third Coast Bancshares, Inc

62

142,346

e

Timbercreek Financial Corp

1,081

196,600

 

Tisco Bank PCL

593

158,543

 

Toho Bank Ltd

265

208,964

 

Tomony Holdings, Inc

558

12,379

 

Tompkins Financial Corp

969

2,395,669

 

Toronto-Dominion Bank

190,078

56,406

 

Towne Bank

1,689

70,863

 

Trico Bancshares

2,837

110,452

*

Tristate Capital Holdings, Inc

3,670

4,236

*

Triumph Bancorp, Inc

398

1,116,951

 

Truist Financial Corp

63,331

17,064

 

TrustCo Bank Corp NY

545

52,659

 

Trustmark Corp

1,600

1,678,487

 

Turkiye Garanti Bankasi AS

1,396

1,099,173

 

Turkiye Is Bankasi (Series C)

661

53,461

 

UMB Financial Corp

5,194

15,954

 

Umpqua Holdings Corp

301

1,698,049

g

Unicaja Banco S.A.

1,765

452,284

 

UniCredit S.p.A.

4,879

3,134,200

 

Union Bank Of Taiwan

1,872

109,533

 

United Bankshares, Inc

3,821

249,823

 

United Community Banks, Inc

8,694

1,305,427

 

United Overseas Bank Ltd

30,544

76,990

 

Univest Financial Corp

2,060

4,319,403

 

US Bancorp

229,576

94,255

e

UWM Holdings Corp

427

19,392

 

Valiant Holding

2,004

348,766

e

Valley National Bancorp

4,541

264,765

 

Van Lanschot Kempen NV

7,046

8,779

*

Velocity Financial, Inc

96

342,724

 

Veritex Holdings, Inc

13,082

1,525,799

 

Virgin Money UK plc

3,395

635,093

VTB Bank PJSC (GDR) Equiduct

6

664,707

*,†

VTB Bank PJSC (GDR) Tradegate

7

23,235

 

Walker & Dunlop, Inc

3,007

1,249,212

*

Warba Bank KSCP

1,158

131,199

 

Washington Federal, Inc

4,306

14,585

 

Washington Trust Bancorp, Inc

766

19,711

 

Waterstone Financial, Inc

381

322,040

 

Webster Financial Corp

18,073

13,606,494

 

Wells Fargo & Co

659,371

53,139

 

WesBanco, Inc

1,826

13,245

 

West Bancorporation, Inc

360

60,612

 

Westamerica Bancorporation

3,667

18,718

 

Western Alliance Bancorp

1,550

4,047,550

 

Westpac Banking Corp

73,125

181,631

 

Wintrust Financial Corp

16,879

578,988

 

Woori Financial Group, Inc

7,257

115,209

 

WSFS Financial Corp

5,371

442,299

 

Yamaguchi Financial Group, Inc

2,446

3,085,320

 

Yapi ve Kredi Bankasi

857

8,092,568

*

Yes Bank Ltd

1,307

14,414

 

Zions Bancorporation

945

 

 

TOTAL BANKS

8,954,532

CAPITAL GOODS - 7.0%

 

 

 

308,149

 

3M Co

45,877

2,842

*

3M India Ltd

736

124,605

 

A.O. Smith Corp

7,961

132,164

 

Aalberts Industries NV

6,850

13

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,193,774

 

Aamal Co

$699

4,975

 

Aaon, Inc

277

28,359

*

AAR Corp

1,373

781,210

e

ABB Ltd

25,343

8,011

 

ABB Power Products & Systems India Ltd

370

2,119,579

 

Aboitiz Equity Ventures, Inc

2,437

377,000

 

AcBel Polytech, Inc

462

28,019

 

Ackermans & Van Haaren

5,221

55,202

e

ACS Actividades de Construccion y Servicios S.A.

1,488

91,834

 

Acuity Brands, Inc

17,384

307,912

 

Adani Enterprises Ltd

8,134

379,117

 

AddTech AB

7,278

24,200

 

Advan Co Ltd

178

70,680

 

Advanced Drainage Systems, Inc

8,398

37,000

 

Advanced Energy Solution Holding Co Ltd

1,615

4,593

*,e

Advent Technologies Holdings, Inc

11

50,527

 

AECC Aero-Engine Control Co Ltd

184

118,752

 

AECC Aviation Power Co Ltd

837

208,415

 

Aecom Technology Corp

16,008

72,579

e

Aecon Group, Inc

985

141,864

*

AerCap Holdings NV

7,133

 

 

Aeris Industria E Comercio De Equipamentos Para Geracao De

 

224,400

 

Energia S.A.

273

47,406

*

Aerojet Rocketdyne Holdings, Inc

1,865

9,448

*

Aerovironment, Inc

889

6,827

*,e

AerSale Corp

107

56,523

 

AFG Arbonia-Forster Hldg

1,107

22,596

e

AG Growth International Inc

780

39,926

 

AGCO Corp

5,830

36,632

*,e

AgEagle Aerial Systems, Inc

44

50,423

 

AIA Engineering Ltd

1,077

63,452

 

Aica Kogyo Co Ltd

1,543

29,600

 

Aichi Corp

213

54,241

 

Aida Engineering Ltd

466

97,725

 

Air Lease Corp

4,363

1,318,365

e

Airbus SE

159,085

152,226

 

Airtac International Group

4,894

31,360

 

Aker ASA (A Shares)

2,868

2,120

 

Alamo Group, Inc

305

21,956

 

Albany International Corp (Class A)

1,851

67,337

 

Alfa Laval AB

2,316

3,322,000

 

Alfa S.A. de C.V. (Class A)

2,524

25,160

*,e,g

Alfen Beheer BV

2,551

37,378

g

Alimak Group AB

417

215,161

 

Allegion plc

23,620

3,834,600

 

Alliance Global Group, Inc

926

1,178

 

Allied Motion Technologies, Inc

35

109,706

 

Allison Transmission Holdings, Inc

4,307

274,293

 

Alstom RGPT

6,418

30,868

*

Alta Equipment Group, Inc

382

56,408

 

Altra Industrial Motion Corp

2,196

781,500

 

Amada Co Ltd

6,871

107,860

 

Amara Raja Batteries Ltd

760

3,752

*

Ameresco, Inc

298

26,311

*

American Superconductor Corp

200

14,678

*

American Woodmark Corp

719

15,304

 

Ametek, Inc

2,038

434,541

*

Andritz AG.

20,069

330,486

*

API Group Corp

6,950

20,906

 

Apogee Enterprises, Inc

992

235,301

 

Applied Industrial Technologies, Inc

24,156

3,510

 

Arad Investment & Industrial Development Ltd

487

174,714

 

Arcadis NV

7,850

41,152

 

Arcosa, Inc

2,356

14

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

12,456

 

Argan, Inc

$506

108,200

 

Armac Locacao Logistica E Servicos S.A.

435

47,543

 

Armstrong World Industries, Inc

4,279

378,686

*

Array Technologies, Inc

4,268

170,539

 

Asahi Glass Co Ltd

6,814

698,153

 

Aselsan Elektronik Sanayi Ve Ticaret AS

1,149

1,785,562

 

Ashok Leyland Ltd

2,743

1,610,623

 

Ashtead Group plc

101,412

46,713

 

Ashtrom Group Ltd

1,379

1,406,708

 

Assa Abloy AB

37,812

19,516

 

Astec Industries, Inc

839

35,067

 

Astra Industrial Group

433

119,776

 

Astral Polytechnik Ltd

3,176

22,233

*

Astronics Corp

287

235,983

*

Atkore International Group, Inc

23,230

368,532

 

Atlas Copco AB (A Shares)

19,129

151,592

 

Atlas Copco AB (B Shares)

6,875

88,759

*

ATS Automation Tooling Systems, Inc

3,202

382,817

 

Austal Ltd

540

169,831

 

AVIC Electromechanical Systems Co Ltd

289

2,062,037

 

AviChina Industry & Technology Co

1,138

26,859

 

AVICOPTER plc

215

39,466

 

Avon Rubber plc

674

82,213

*

Axon Enterprise, Inc

11,323

191,397

 

Ayala Corp

3,042

517,659

*

AZEK Co, Inc

12,859

49,337

 

AZZ, Inc

2,380

37,005

*

Babcock & Wilcox Enterprises, Inc

302

317,316

*

Babcock International Group

1,347

41,762

e

Badger Infrastructure Solution

1,051

3,034,354

 

BAE Systems plc

28,497

764,790

 

Balfour Beatty plc

2,577

281,795

*,e

Ballard Power Systems, Inc

3,280

195,035

 

Barloworld Ltd

1,548

89,735

 

Barnes Group, Inc

3,606

18,629

 

BayWa AG.

871

23,489

*

Beacon Roofing Supply, Inc

1,392

1,735

*,e

Beam Global

35

77,138

e

Beijer Alma AB

1,783

290,489

e

Beijer Ref AB

5,261

98,312

 

Beijing New Building Materials plc

467

25,000

 

Beijing United Information Technology Co Ltd

439

11,513

 

Belimo Holding AG.

6,098

21,722

 

BEML Ltd

519

337,635

*

Bera Holding A.S.

232

1,264,000

 

BES Engineering Corp

441

22,172

 

BGF Co Ltd

97

1,358,898

 

Bharat Electronics Ltd

3,759

1,094,902

*

Bharat Heavy Electricals

708

318,927

 

Bidvest Group Ltd

4,882

15,467

*,e

Biesse S.p.A.

279

155,000

 

Bizlink Holdings Inc

1,590

4,396

*,e

Blink Charging Co

116

547,137

*

Bloom Energy Corp

13,213

9,707

*

Blue Bird Corp

183

70,160

 

Blue Star Ltd

970

16,930

*,e

BlueLinx Holdings, Inc

1,217

9,793

 

Bobst Group AG.

965

647,006

g

BOC Aviation Ltd

5,082

230,347

 

Bodycote plc

1,902

1,324,318

*

Boeing Co

253,607

107,101

 

Boise Cascade Co

7,440

2,560,700

*

Bombardier, Inc

2,950

24,551

 

Bonheur ASA

994

15

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

95,254

 

Boskalis Westminster

$3,411

6,518

 

Bossard Holding AG.

1,528

234,041

 

Bouygues S.A.

8,169

200,930

 

Brenntag AG.

16,201

405,000

 

Brighton-Best International Taiwan, Inc

538

11,241

 

Bucher Industries AG.

4,544

14,102

 

Budimex S.A.

749

48,653

 

Bufab AB

1,729

317,520

*

Builders FirstSource, Inc

20,493

67,100

 

Bunka Shutter Co Ltd

540

353,002

 

Bunzl plc

13,690

9,830

 

Burckhardt Compression Holding AG.

5,195

5,318

 

Burkhalter Holding AG.

416

36,021

 

BWX Technologies, Inc

1,940

3,955

*,e

Byrna Technologies, Inc

32

3,697

 

Cadre Holdings, Inc

91

785,913

*

CAE, Inc

20,456

67,852

e

Caesarstone Sdot-Yam Ltd

714

21,961

 

Carbone Lorraine

813

41,298

g

Carel Industries S.p.A

1,054

94,342

 

Cargotec Corp (B Shares)

3,584

107,985

 

Carlisle Cos, Inc

26,556

5,376,633

 

Carrier Global Corp

246,626

819,484

 

Caterpillar, Inc

182,597

84,000

 

Central Glass Co Ltd

1,430

5,180

 

Cera Sanitaryware Ltd

339

113,781

*,e

Ceres Power Holdings plc

1,092

1,387,900

 

CH Karnchang PCL

841

83,700

*,g

Changsha Broad Homes Industrial Group Co Ltd

104

204,559

*,e

ChargePoint Holdings, Inc

4,067

18,320

 

Chargeurs S.A.

412

15,433

*,e

Chart Industries, Inc

2,651

481,129

 

Chemring Group plc

2,045

203,000

 

Chicony Power Technology Co Ltd

584

261,500

e

China Aircraft Leasing Group Holdings Ltd

181

196,122

 

China Baoan Group Co Ltd

343

1,992,000

 

China Communications Services Corp Ltd

898

1,166,074

 

China Conch Venture Holdings Ltd

3,399

315,800

 

China CSSC Holdings Ltd

857

1,416,700

*

China Energy Engineering Corp Ltd

543

517,000

*

China High Speed Transmission Equipment Group Co Ltd

312

772,036

 

China Lesso Group Holdings Ltd

927

233,800

 

China National Chemical Engineering Co Ltd

353

979,818

 

China Railway Group Ltd - A

929

3,257,000

 

China Railway Group Ltd - H

1,814

1,920,700

 

China State Construction Engineering Corp Ltd

1,641

1,400,000

 

China State Construction International Holdings Ltd

1,857

17,969

 

China Yuchai International Ltd

209

204,545

*

Chiyoda Corp

783

43,600

 

Chudenko Corp

737

386,000

 

Chung Hsin Electric & Machinery Manufacturing Corp

733

9,605

 

Cie d'Entreprises CFE

1,349

880,000

e

CIMC Enric Holdings Ltd

1,088

94,878

e

CIMIC Group Ltd

1,557

2,259

*

CIRCOR International, Inc

60

4,011,517

 

Citic Pacific Ltd

4,438

4,816,000

*

Citic Resources Holdings Ltd

323

17,153

 

CJ Corp

1,187

2,813,090

 

CK Hutchison Holdings Ltd

20,570

60,993

 

CKD Corp

931

214,141

 

CNH Industrial NV

3,373

1,420,116

e,h

CNH Industrial NV (NYSE)

22,523

34,823

g

Cochin Shipyard Ltd

135

131,296

*,e

Colfax Corp

5,224

16

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

24,055

 

Columbus McKinnon Corp

$1,020

286,533

 

Comfort Systems USA, Inc

25,504

58,168

*

Commercial Vehicle Group, Inc

492

3,503,779

 

Compagnie de Saint-Gobain

208,476

136,917

e

COMSYS Holdings Corp

2,982

26,841

*

Concrete Pumping Holdings Inc

180

21,987

 

Construcciones y Auxiliar de Ferrocarriles S.A.

725

28,042

*

Construction Partners Inc

734

155,659

 

Contemporary Amperex Technology Co Ltd

12,456

537,000

 

Continental Engineering Corp

492

1,676

 

Conzzeta AG.

1,728

51,378

*

Core & Main, Inc

1,243

594,191

*

Cornerstone Building Brands, Inc

14,451

587,600

 

COSCO SHIPPING Development Co Ltd

304

16,118

 

Crane Co

1,745

46,491

*

Creative & Innovative System

556

838,911

*

Crompton Greaves Ltd

2,083

29,412

 

CS Wind Corp

1,524

476,000

*

CSBC Corp Taiwan

349

32,544

 

CSW Industrials, Inc

3,827

755,000

 

CTCI Corp

1,217

150,924

 

Cummins India Ltd

2,220

84,452

 

Cummins, Inc

17,322

38,059

 

Curtiss-Wright Corp

5,715

147,148

*,e

Custom Truck One Source, Inc

1,235

13,619

 

Daelim Industrial Co

683

7,267

 

Daetwyler Holding AG.

2,404

225,788

*

Daewoo Engineering & Construction Co Ltd

1,294

59,458

 

Daewoo International Corp

1,048

45,509

*

Daewoo Shipbuilding & Marine Engineering Co Ltd

924

17,038

 

Dai-Dan Co Ltd

292

46,013

 

Daifuku Co Ltd

3,283

23,348

 

Daihen Corp

804

10,589

e

Daiho Corp

392

16,437

 

Daiichi Jitsugyo Co Ltd

575

382,386

 

Daikin Industries Ltd

69,443

333,832

*

Daimler Truck Holding AG.

9,259

35,100

 

Daiwa Industries Ltd

312

17,711

e

Danieli & Co S.p.A.

386

73,482

 

Danieli & Co S.p.A. (RSP)

1,172

24,734

 

Dassault Aviation S.A.

3,906

25,365

 

Dawonsys Co Ltd

637

128,739

 

DCC plc

9,969

787,141

e

Deere & Co

327,026

64,484

*,e

Desktop Metal, Inc

306

156,648

*

Deutz AG.

809

42,206

g

Dilip Buildcon Ltd

133

241,486

 

Diploma plc

8,290

19,254

 

DL E&C Co Ltd

2,084

5,718,100

 

DMCI Holdings, Inc

998

114,826

 

Donaldson Co, Inc

5,963

211,929

 

Dongfang Electric Corp Ltd

450

53,869

 

Doosan Bobcat, Inc

1,712

6,753

 

Doosan Corp

572

51,126

*

Doosan Fuel Cell Co Ltd

1,707

238,920

*,e

Doosan Heavy Industries and Construction Co Ltd

3,977

147,807

*

Doosan Infracore Co Ltd

805

3,383

 

Douglas Dynamics, Inc

117

825,101

 

Dover Corp

129,458

392,953

*,†

Drake & Scull International PJSC

1

2,637,895

 

Dubai Investments PJSC

1,739

9,930

*

Ducommun, Inc

520

63,086

 

Duerr AG.

1,861

387,500

 

Dufu Technology Corp Bhd

265

17

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

15,979

*

DXP Enterprises, Inc

$433

7,484

*

Dycom Industries, Inc

713

4,018,400

 

Dynasty Ceramic PCL

360

1,648,105

 

Eaton Corp

250,116

114,000

 

Ebara Corp

6,324

12,019

 

Ecopro BM Co Ltd

3,884

22,300

*,e

EHang Holdings Ltd (ADR)

267

17,138

 

Eiffage S.A.

1,759

27,544

 

Elbit Systems Ltd

6,024

8,555

 

Elco Holdings Ltd

730

2,512

 

Electra Israel Ltd

1,869

1,852,314

 

Electrocomponents plc

26,161

256,718

*

Electrolux Professional AB

1,578

1,019,721

*

ElSewedy Electric Co

459

1,436,700

*

Embraer S.A.

4,514

134,710

 

EMCOR Group, Inc

15,172

470,946

 

Emeco Holdings Ltd

306

39,846

 

Emerson Electric Co

3,907

66,899

 

Encore Wire Corp

7,631

8,038

 

Energiekontor AG.

773

57,395

*

Energy Recovery, Inc

1,156

7,551

 

Enerpac Tool Group Corp

165

33,406

 

EnerSys

2,491

248,803

 

Engineers India Ltd

209

130,668

 

EnPro Industries, Inc

12,770

5,306

*,e

Eos Energy Enterprises, Inc

22

140,169

e

Epiroc AB

2,998

80,675

 

Epiroc AB

1,457

176,232

 

ESCO Technologies, Inc

12,322

80,106

 

Escorts Ltd

1,784

122,420

 

Eve Energy Co Ltd

1,535

873

*,e

EVI Industries, Inc

16

332,534

*

Evoqua Water Technologies Corp

15,622

146,457

 

Fagerhult AB

780

260,000

 

Fangda Carbon New Material Co Ltd

344

119,984

*

Fanuc Ltd

21,058

3,438,631

 

Far Eastern Textile Co Ltd

3,634

573,703

 

Fastenal Co

34,078

221,990

 

Federal Signal Corp

7,492

112,777

 

Ferguson plc

15,279

502,501

 

Ferrovial S.A.

13,364

574,478

*,e

Fincantieri S.p.A

395

350,383

 

Finning International, Inc

10,549

68,554

 

Finolex Cables Ltd

340

360,000

e

First Tractor Co

186

1,015,379

 

Fletcher Building Ltd

4,477

1,097,218

 

Flowserve Corp

39,390

1,320,986

 

FLSmidth & Co AS

34,486

32,863

*

Fluence Energy, Inc

431

210,980

 

Fluidra S.A.

6,105

164,930

*

Fluor Corp

4,732

669,574

 

Fortive Corp

40,797

205,615

 

Fortune Brands Home & Security, Inc

15,273

3,191,508

e

Fosun International

3,449

38,018

 

Franklin Electric Co, Inc

3,157

378,700

 

Frencken Group Ltd

459

4,765

*,e

FTC Solar, Inc

24

243,003

*,e

FuelCell Energy, Inc

1,400

449,358

*

Fugro NV

5,379

80,933

*

Fuji Electric Holdings Co Ltd

4,034

80,445

 

Fuji Machine Manufacturing Co Ltd

1,451

1,019,178

*

Fujikura Ltd

5,159

72,439

e

Fujitec Co Ltd

1,860

13,939

 

Fukushima Industries Corp

437

18

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

31,656

 

Furukawa Co Ltd

$333

203,344

 

Furukawa Electric Co Ltd

3,605

2,026,547

 

Gamuda BHD

1,664

31,033

 

GARO AB

507

225,152

*

Gates Industrial Corp plc

3,391

31,009

 

GATX Corp

3,824

31,557

 

GEA Group AG.

1,293

7,810

 

Geberit AG.

4,815

62,149

*

GEK Group of Cos S.A.

645

131,399

*,n

Generac Holdings, Inc

39,060

186,365

 

General Dynamics Corp

44,948

72,786

 

General Electric Co

6,660

4,613

 

Georg Fischer AG.

5,512

46,213

*

Gibraltar Industries, Inc

1,985

20,701

 

Giken Seisakusho Co, Inc

628

16,200

 

Ginlong Technologies Co Ltd

531

4,255

 

Global Industrial Co

137

60,256

e

Glory Ltd

1,018

6,722

 

GMM Pfaudler Ltd

402

83,473

*

GMS, Inc

4,154

51,213

*

Godrej Industries Ltd

313

16,499

 

Gorman-Rupp Co

592

62,530

*

Gotion High-tech Co Ltd

336

64,891

 

Graco, Inc

4,524

326,926

 

GrafTech International Ltd

3,145

339,482

 

Grafton Group plc

4,343

38,206

 

Granite Construction, Inc

1,253

70,419

 

Graphite India Ltd

464

56,438

*

Great Lakes Dredge & Dock Corp

792

26,871

 

Greenbrier Cos, Inc

1,384

2,717,000

g

Greentown Management Holdings Co Ltd

2,314

38,867

 

Griffon Corp

779

53,632

 

Grindwell Norton Ltd

1,269

559,993

e

Grupo Carso S.A. de C.V. (Series A1)

2,095

177,099

e

Grupo Rotoplas SAB de C.V.

226

41,615

 

GS Engineering & Construction Corp

1,580

79,754

e

GS Yuasa Corp

1,515

100,674

*

GT Capital Holdings, Inc

1,071

18,315

 

Guangdong Kinlong Hardware Products Co Ltd

308

133,366

 

Gulf Cable & Electrical Industries Co KSCP

637

88,177

g

GVS S.p.A

798

292,760

 

GWA International Ltd

543

3,942

 

H&E Equipment Services, Inc

172

759,497

 

Haitian International Holdings Ltd

1,958

353,300

 

Hangzhou Steam Turbine Co

670

25,303

*

Hanjin Heavy Industries & Construction Co Ltd

166

60,379

 

Hanwa Co Ltd

1,592

72,595

 

Hanwha Corp

1,869

29,096

 

Hanwha Corp (3P)

376

45,577

 

Hanwha Systems Co Ltd

612

609,281

 

HAP Seng Consolidated BHD

1,084

700,000

 

Harbin Power Equipment

198

58,200

e

Harmonic Drive Systems, Inc

1,999

256,297

 

Havells India Ltd

3,880

195,236

 

Hazama Ando Corp

1,443

39,567

 

HDC Hyundai Development Co-Engineering & Construction

488

54,560

 

Hefei Meiya Optoelectronic Technology, Inc

229

13,751

 

HEG Ltd

248

39,385

 

HEICO Corp

6,047

72,989

 

HEICO Corp (Class A)

9,257

461,583

*

Heidelberger Druckmaschinen

1,206

21,221

 

Helios Technologies, Inc

1,703

121,589

 

Hensoldt AG.

3,540

3,029

 

Herc Holdings, Inc

506

19

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

124,432

*,e

Hexagon Composites ASA

$447

64,675

*,e

Hexagon Purus Holding AS.

232

43,740

e

Hexatronic Group AB

1,739

78,951

 

Hexcel Corp

4,695

99,803

 

Hillenbrand, Inc

4,408

185,794

 

Hino Motors Ltd

1,086

11,300

e

Hirata Corp

495

216,659

*

Hitachi Construction Machinery Co Ltd

5,614

1,845,060

*

Hitachi Ltd

92,334

693,720

 

Hitachi Zosen Corp

4,213

179,003

 

Hiwin Technologies Corp

1,486

25,668

 

Hochtief AG.

1,729

1,964,301

 

Honeywell International, Inc

382,214

34,775

 

Hongfa Technology Co Ltd

258

51,462

 

Hoshizaki Electric Co Ltd

3,530

15,100

 

Hosokawa Micron Corp

329

1,078,538

 

Howden Joinery Group plc

10,812

1,133,645

 

Howmet Aerospace, Inc

40,743

448,708

 

Hubbell, Inc

82,459

17,932

 

Huber & Suhner AG.

1,677

3,604

 

Huntington Ingalls

719

430,923

 

Husqvarna AB (B Shares)

4,495

4,927

*

Hydrofarm Holdings Group, Inc

75

83,978

*,e

Hyliion Holdings Corp

372

35,028

 

Hyosung Corp

2,465

4,489

*

Hyosung Heavy Industries Corp

225

9,221

 

Hyster-Yale Materials Handling, Inc

306

12,700

 

Hyundai Construction Equipment Co Ltd

384

20,010

*

Hyundai Electric & Energy System Co Ltd

351

24,756

 

Hyundai Elevator Co Ltd

776

53,971

 

Hyundai Engineering & Construction Co Ltd

2,113

27,929

*

Hyundai Heavy Industries

2,032

29,089

*

Hyundai Mipo Dockyard

1,863

97,353

*

Hyundai Rotem Co Ltd

1,622

393,252

*,e

Ideanomics Inc

440

32,077

 

Idec Corp

670

24,833

 

IDEX Corp

4,761

997

*

IES Holdings, Inc

40

3,327,600

 

IJM Corp BHD

1,320

6,561

 

Iljin Diamond Co Ltd

152

282,721

 

Illinois Tool Works, Inc

59,202

486,224

 

IMI plc

8,657

17,002

*,e

Implenia AG.

416

84,236

 

Inaba Denki Sangyo Co Ltd

1,708

76,098

 

Inabata & Co Ltd

1,283

13,704

g

IndiaMart InterMesh Ltd

776

25,777

 

Indus Holding AG.

765

1,730,809

 

Industries Qatar QSC

9,021

311,919

 

Indutrade AB

7,845

252,265

*,e

Infrastructure and Energy Alternatives, Inc

2,989

301,060

e

INFRONEER Holdings, Inc

2,569

1,191,709

 

Ingersoll Rand, Inc

60,003

51,884

*,e

INNOVATE Corp

191

2,803,600

*,†

Inovisi Infracom Tbk PT

0^

266,493

*

InPost S.A.

1,691

252,525

 

Instalco AB

1,889

15,557

 

Insteel Industries, Inc

575

85,745

 

Interpump Group S.p.A.

4,297

746

 

Interroll Holding AG.

2,457

240,168

 

Investment AB Latour

7,625

49,823

 

INVISIO AB

911

136,253

 

Inwido AB

2,155

300,100

 

Iochpe-Maxion S.A.

810

222,523

*

IRB Infrastructure Developers Ltd

733

20

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

16,955

 

IS Dongseo Co Ltd

$793

24,857

 

ISGEC Heavy Engineering Ltd

168

156,700

 

Ishikawajima-Harima Heavy Industries Co Ltd

3,744

18,566

 

Italmobiliare S.p.A

593

522,299

*

Itm Power plc

2,405

1,276,062

 

Itochu Corp

43,164

125,352

 

ITT, Inc

9,428

254,966

*,e,h

Iveco Group NV

1,678

23,998

 

Jantsa Jant Sanayi Ve Ticaret AS.

105

12,732

 

Japan Pulp & Paper Co Ltd

405

69,761

 

Japan Steel Works Ltd

2,162

226,368

 

Jardine Matheson Holdings Ltd

12,450

47,400

e

JDC Corp

214

47,832

*

JELD-WEN Holding, Inc

970

3,256,826

 

JG Summit Holdings (Series B)

3,857

403,700

 

JGC Corp

4,825

83,504

 

Jiangsu Hengli Hydraulic Co Ltd

682

214,318

 

Jiangsu Zhongtian Technology Co Ltd

571

6,883

 

John Bean Technologies Corp

815

201,772

 

Johns Lyng Group Ltd

1,306

701,698

 

Johnson Controls International plc

46,010

21,414

g

JOST Werke AG.

862

291,900

*,e

JTOWER, Inc

17,001

6,492

 

Judges Scientific plc

583

58,289

 

Jungheinrich AG.

1,688

3,578

 

Kaba Holding AG.

1,835

1,309

 

Kadant, Inc

254

96,021

 

Kajaria Ceramics Ltd

1,287

286,199

 

Kajima Corp

3,482

66,804

 

Kalpataru Power Transmission Ltd

322

23,491

 

Kaman Corp

1,021

37,600

 

Kanamoto Co Ltd

614

116,401

 

Kandenko Co Ltd

794

85,800

 

Kanematsu Corp

939

3,100,740

 

KAP Industrial Holdings Ltd

1,035

1,633

*

Karat Packaging, Inc

32

20,136

 

Kardex AG.

4,637

23,800

 

Katakura Industries Co Ltd

434

236,900

 

Kawasaki Heavy Industries Ltd

4,292

12,309

 

KCC Glass Corp

639

116,958

 

KEC International Ltd

583

61,956

 

KEI Industries Ltd

1,023

117,300

e

Keihan Electric Railway Co Ltd

2,876

118,354

 

Keller Group plc

1,292

72,792

 

Kennametal, Inc

2,083

16,481

 

KEPCO Engineering & Construction Co, Inc

1,132

1,541,047

 

Keppel Corp Ltd

7,266

565,113

*

Kier Group plc

633

229,371

 

Kinden Corp

2,956

63,614

 

Kingspan Group plc

6,218

74,122

 

KION Group AG.

4,885

178,000

 

Kitz Corp

997

107,442

*

Kloeckner & Co AG.

1,446

73,388

 

Knorr-Bremse AG.

5,626

128,052

 

KNR Constructions Ltd

478

813,640

 

KOC Holding AS

2,199

17,329

*

Koenig & Bauer AG.

401

919,120

 

Komatsu Ltd

22,082

4,460

 

Komax Holding AG.

1,248

74,729

 

Kone Oyj (Class B)

3,911

72,273

e

Konecranes Oyj

2,219

226,439

 

Kongsberg Gruppen ASA

8,991

329,304

*

Koninklijke BAM Groep NV

994

81,515

 

Korea Aerospace Industries Ltd

2,828

21

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

5,110

 

Korea Electric Terminal Co Ltd

$267

268,007

*

Kornit Digital Ltd

22,162

753,460

*

Kratos Defense & Security Solutions, Inc

15,431

17,040

 

Krones AG.

1,415

95,976

*

Kuang-Chi Technologies Co Ltd

258

1,020,312

 

Kubota Corp

19,125

41,304

 

Kumagai Gumi Co Ltd

914

84,000

 

Kung Long Batteries Industrial Co Ltd

402

91,187

 

Kurita Water Industries Ltd

3,366

27,454

 

Kyokuto Kaihatsu Kogyo Co Ltd

311

121,255

 

Kyowa Exeo Corp

2,236

51,522

 

Kyudenko Corp

1,205

7,837

 

Kyung Dong Navien Co Ltd

296

162,790

 

L3Harris Technologies, Inc

40,448

3,506

 

Lakshmi Machine Works Ltd

441

778,320

 

Larsen & Toubro Ltd

18,050

980

*

Lawson Products, Inc

38

94,474

 

Legrand S.A.

8,982

31,527

 

Lennox International, Inc

8,130

474,793

*

Leonardo S.p.A.

4,718

96,586

 

LG Corp

6,065

21,869

*,e

LG Energy Solution

7,975

41,417

 

LG Hausys Ltd

2,177

99,835

 

LG International Corp

2,823

219,321

*

Liberty Media Acquisition Corp

2,200

374,631

 

Lifco AB

9,510

10,732

 

LIG Nex1 Co Ltd

634

23,957

 

Lincoln Electric Holdings, Inc

3,302

78,595

 

Lindab International AB

1,999

2,176

 

Lindsay Corp

342

56,725

*,e

Lion Electric Co

476

20,887

 

LISI

500

275,750

 

LIXIL Group Corp

5,133

772,500

e

LK Technology Holdings Ltd

1,152

284,024

 

Lockheed Martin Corp

125,368

2,384,000

 

Lonking Holdings Ltd

648

67,354

 

LS Cable Ltd

2,917

21,531

 

LS Industrial Systems Co Ltd

797

2,067,200

 

LT Group, Inc

355

82,642

g

Luceco plc

221

248,000

*,e

Luoyang Glass Co Ltd

368

10,900

 

Luoyang Xinqianglian Slewing Bearing Co Ltd

193

60,057

 

Luxfer Holdings plc

1,009

216,849

*

LX Holdings Corp

1,713

85,741

 

Maas Group Holdings Ltd

314

59,632

 

Mabuchi Motor Co Ltd

1,856

175,267

e

Maire Tecnimont S.p.A

603

28,539

 

Makino Milling Machine Co Ltd

900

237,191

 

Makita Corp

7,589

1,585,500

 

Malaysian Resources Corp BHD

137

11,755

 

Manitou BF S.A.

328

30,353

*

Manitowoc Co, Inc

458

705,400

 

Marcopolo S.A.

396

1,694,740

 

Marubeni Corp

19,680

972,871

 

Masco Corp

49,616

6,891

*

Masonite International Corp

613

51,494

*

Mastec, Inc

4,485

180,027

*

Matrix Service Co

1,480

27,600

 

Max Co Ltd

383

62,850

 

Maxar Technologies, Inc

2,480

7,900

*

Mayville Engineering Co Inc

74

2,387

 

MBB SE

332

34,346

 

McGrath RentCorp

2,919

24,635

*,e

McPhy Energy S.A.

515

22

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

64,807

*,e

MDA Ltd

$535

326,771

e

MDU Resources Group, Inc

8,708

611,000

e

MECOM Power and Construction Ltd

278

898,667

*

Meggitt plc

8,943

35,371

 

Meidensha Corp

732

993,444

 

Melrose Industries plc

1,612

49,286

*

Mercury Systems, Inc

3,176

79,499

*

Meritor, Inc

2,828

917,003

 

Metallurgical Corp of China Ltd

541

26,200

 

METAWATER Co Ltd

428

745,212

 

Metso Outotec Oyj

6,282

19,888

*

Middleby Corp

3,260

85,494

e

Mie Kotsu Group Holdings, Inc

319

9,602

 

Miller Industries, Inc

270

360,690

 

Minebea Co Ltd

7,856

143,900

 

Ming Yang Smart Energy Group Ltd

500

103,762

 

Miraito Holdings Corp

1,651

296,754

 

MISUMI Group, Inc

8,835

1,383,035

 

Mitsubishi Corp

51,901

1,202,377

 

Mitsubishi Electric Corp

13,790

312,338

 

Mitsubishi Heavy Industries Ltd

10,253

30,000

 

Mitsubishi Nichiyu Forklift Co Ltd

227

25,850

 

Mitsuboshi Belting Co Ltd

427

1,869,669

 

Mitsui & Co Ltd

50,753

57,431

e

Miura Co Ltd

1,415

101,762

 

Monadelphous Group Ltd

832

4,129,490

 

MonotaRO Co Ltd

88,628

31,921

*,g

Montana Aerospace AG.

562

24,589

 

Moog, Inc (Class A)

2,159

394,981

 

Morgan Crucible Co plc

1,601

44,601

 

Morgan Sindall plc

1,404

128,644

 

Mori Seiki Co Ltd

1,743

38,000

 

Morita Holdings Corp

384

1,820,610

*

MRC Global, Inc

21,683

41,543

 

MSC Industrial Direct Co (Class A)

3,540

16,094

 

MTAR Technologies Ltd

370

68,849

 

MTU Aero Engines Holding AG.

15,923

109,694

 

Mueller Industries, Inc

5,942

128,310

 

Mueller Water Products, Inc (Class A)

1,658

148,941

g

Munters Group AB

923

34,509

*

MYR Group, Inc

3,245

132,400

 

Nabtesco Corp

3,496

19,833

 

Nachi-Fujikoshi Corp

677

449,411

 

Nagarjuna Construction Co

345

89,600

 

Nagase & Co Ltd

1,329

380,264

 

NARI Technology Co Ltd

1,874

243,760

 

National Central Cooling Co PJSC

165

1,508,181

*

National Industries Group Holding SAK

1,392

4,651

 

National Presto Industries, Inc

358

758,964

 

NBCC India Ltd

361

173,692

 

NCC AB (B Shares)

2,468

1,779,564

*,e

NEL ASA

2,989

117,429

 

Neles Oyj

1,196

28,059

 

Nexans S.A.

2,626

76,876

e

NFI Group, Inc

980

55,404

 

NGK Insulators Ltd

790

1,472,295

 

Nibe Industrier AB

16,320

61,240

 

Nichias Corp

1,261

15,700

 

Nichiden Corp

276

54,045

 

Nichiha Corp

1,105

165,352

 

Nidec Corp

13,060

54,067

 

Nikkiso Co Ltd

404

27,806

*,e

Nikola Corp

298

37,918

*

Nilfisk Holding A.S.

1,135

23

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,827

 

Ningbo Ronbay New Energy Technology Co Ltd

$480

11,500

 

Nippon Carbon Co Ltd

394

45,059

 

Nippon Densetsu Kogyo Co Ltd

581

10,225

 

Nippon Koei Co Ltd

250

6,100

e

Nippon Road Co Ltd

416

96,000

*

Nippon Sheet Glass Co Ltd

334

17,617

 

Nippon Steel Trading Co Ltd

763

38,465

 

Nishimatsu Construction Co Ltd

1,155

116,400

 

Nishio Rent All Co Ltd

2,657

5,595

 

Nissei ASB Machine Co Ltd

142

177,331

 

Nisshinbo Industries, Inc

1,536

58,000

 

Nissin Electric Co Ltd

696

21,200

 

Nitta Corp

478

27,400

 

Nitto Boseki Co Ltd

630

42,135

 

Nitto Kogyo Corp

542

17,635

 

Nittoku Engineering Co Ltd

373

46,828

*

NKT Holding AS

2,113

43,666

*

NN, Inc

126

2,400

*,†,e

Noble Group Ltd

0^

249,331

 

Nolato AB

1,847

126,608

*,e

Nordex AG.

2,193

75,710

 

Nordson Corp

17,192

9,983

 

Noritake Co Ltd

363

20,651

 

Noritsu Koki Co Ltd

393

26,131

 

Noritz Corp

313

64,297

 

NORMA Group

1,846

113,400

*

North Industries Group Red Arrow Co Ltd

401

288,147

 

Northrop Grumman Corp

128,865

8,074

*

Northwest Pipe Co

205

792,279

*

NOW, Inc

8,739

1,556,642

 

NRW Holdings Ltd

2,494

469,000

e

NSK Ltd

2,810

475,261

*

NTN Corp

825

8,508

*

NV5 Global Inc

1,134

146,888

e

nVent Electric plc

5,109

1,820,000

 

NWS Holdings Ltd

1,666

11,446

 

Obara Corp

280

430,409

 

Obayashi Corp

3,159

482,312

 

OC Oerlikon Corp AG.

3,844

5,961

 

OHB AG.

243

22,621

 

Oiles Corp

280

27,767

 

Okuma Holdings, Inc

1,150

39,800

 

Okumura Corp

966

40,008

*

Olectra Greentech Ltd

351

366

 

Omega Flex, Inc

48

325,606

*,e

Opus Global Rt

219

7,237

 

Organo Corp

596

98,906

 

OSG Corp

1,512

22,270

 

Oshkosh Corp

2,241

9

*

OSRAM Licht AG.

1

558,002

 

Otis Worldwide Corp

42,938

7,366

 

Otokar Otobus Karoseri Sanayi AS

214

523,440

 

Owens Corning, Inc

47,895

103,530

*,e

OX2 AB

779

500,128

 

PACCAR, Inc

44,046

16,668

 

Palfinger AG.

418

17,670

 

Park Aerospace Corp

231

651,724

 

Parker-Hannifin Corp

184,933

8,187

 

Park-Ohio Holdings Corp

115

22,819

*

Parsons Corp

883

212,381

 

Peab AB (Series B)

2,136

115,280

 

Pentair plc

6,249

1,765,400

 

Pentamaster Corp BHD

1,569

339,746

 

Penta-Ocean Construction Co Ltd

1,695

24

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

22,127

 

People & Technology, Inc

$911

34,522

 

PER Aarsleff A.S.

1,340

4,650

 

Pfeiffer Vacuum Technology AG.

888

28,227

*

PGT Innovations, Inc

508

515,380

*,e

Plug Power, Inc

14,745

90,398

 

PNC Infratech Ltd

307

44,399

 

PNE AG.

514

46,299

 

Polycab India Ltd

1,437

296,787

 

Polypipe Group plc

1,903

187,100

 

Polyplex PCL (Foreign)

139

20,267

*,e

Porr AG.

265

8,433

 

Powell Industries, Inc

164

635,669

 

Power Construction Corp of China Ltd

727

58,990

*,e

PowerCell Sweden AB

1,157

2,975,100

*

PP Persero Tbk PT

205

39,507

*

PPK Group Ltd

154

121,570

 

Praj Industries Ltd

634

2,864

 

Preformed Line Products Co

182

44,897

 

Primoris Services Corp

1,069

31,716

 

Prince Pipes & Fittings Ltd

264

32,137

*

Proto Labs, Inc

1,700

57,987

 

Prysmian S.p.A.

1,968

218,588

 

PSG Group Ltd

1,433

1,347,020

 

QinetiQ plc

5,353

87,426

 

Quanex Building Products Corp

1,835

295,449

e

Quanta Services, Inc

38,884

50,200

 

Raito Kogyo Co Ltd

801

211,700

 

Randon Participacoes S.A.

475

580,885

 

Ras Al Khaimah Ceramics

432

5,147

 

Rational AG.

3,545

5,762,037

 

Raytheon Technologies Corp

570,845

19,878

*

RBC Bearings, Inc

3,854

488,000

*,e

Realord Group Holdings Ltd

630

296,951

 

Reece Ltd

4,181

176,285

 

Regal-Beloit Corp

26,228

1,380,427

 

Reliance Worldwide Corp Ltd

4,359

38,300

*,e

ReneSola Ltd (ADR)

223

203,538

*

Resideo Technologies, Inc

4,850

164,750

 

Reunert Ltd

507

110,410

 

REV Group, Inc

1,480

292,483

 

Rexel S.A.

6,244

130,000

 

Rexon Industrial Corp Ltd

203

257,811

 

Rheinmetall AG.

54,493

65,621

 

Richelieu Hardware Ltd

2,390

7,484

 

Rieter Holding AG.

1,211

64,400

 

Riyue Heavy Industry Co Ltd

209

103,570

 

Rockwell Automation, Inc

29,003

2,030

 

Rockwool International AS (B Shares)

670

8,624,344

*

Rolls-Royce Group plc

11,341

22,226

*,e

Romeo Power, Inc

33

246,117

 

Roper Technologies Inc

116,224

1,042,419

 

Rotork plc

4,439

201,000

 

Run Long Construction Co Ltd

403

36,516

 

Rush Enterprises, Inc (Class A)

1,859

5,452

 

Rush Enterprises, Inc (Class B)

264

75,433

 

Russel Metals, Inc

1,998

87,528

 

Saab AB (Class B)

3,161

461,473

e

Sacyr Vallehermoso S.A.

1,114

561,426

 

Safran S.A.

66,100

23,450

 

Salcef S.p.A

517

22,677

*

SAM KANG M&T Co Ltd

352

7,959

 

Samho International Co Ltd

190

95,137

 

Samsung C&T Corp

8,883

107,363

*

Samsung Engineering Co Ltd

2,304

25

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

429,681

*

Samsung Heavy Industries Co Ltd

$2,001

140,914

 

Samsung Techwin Co Ltd

6,034

221,000

 

San Shing Fastech Corp

424

2,961,371

 

Sandvik AB

62,908

32,200

 

Sanki Engineering Co Ltd

369

409,641

 

Sanwa Shutter Corp

4,146

1,333,000

 

Sany Heavy Equipment International

1,380

583,957

 

Sany Heavy Industry Co Ltd

1,603

9,200

 

Sanyo Denki Co Ltd

368

38,494

 

Saudi Ceramic Co

538

61,657

e

Savaria Corp

864

49,127

 

Schaeffler India Ltd

1,253

46,807

 

Schindler Holding AG.

10,029

124,796

 

Schindler Holding AG. (Registered)

26,592

580,220

 

Schneider Electric S.A.

97,413

1,214

 

Schweiter Technologies AG.

1,485

29,295

 

Sekisui Jushi Corp

424

17,108,492

*

SembCorp Marine Ltd

1,237

11,991

e

Semperit AG. Holding

302

473,942

*

Senior plc

794

87,047

*

Sensata Technologies Holding plc

4,426

166,525

 

Seven Group Holdings Ltd

2,629

21,219

 

SFA Engineering Corp

714

21,652

 

SFS Group AG.

3,016

79,869

*

SGL Carbon AG.

496

380,627

 

Shanghai Construction Group Co Ltd

195

569,700

 

Shanghai Diesel Engine Co Ltd

313

857,803

 

Shanghai Electric Group Co Ltd

544

337,300

 

Shanghai Highly Group Co Ltd

169

554,000

 

Shanghai Industrial Holdings Ltd

832

281,100

 

Shanghai Mechanical and Electrical Industry Co Ltd

347

174,605

*

Shapir Engineering and Industry Ltd

1,733

174,140

 

Shenzhen Inovance Technology Co Ltd

1,555

21,536

 

Shibaura Machine Co Ltd

599

19,600

 

Shibuya Kogyo Co Ltd

390

287,694

*

Shikun & Binui Ltd

1,723

43,400

 

Shima Seiki Manufacturing Ltd

660

346,844

 

Shimizu Corp

2,081

9,704

e

Shin Nippon Air Technologies Co Ltd

153

151,000

 

Shin Zu Shing Co Ltd

436

33,584

 

Shinko Plantech Co Ltd

294

66,600

 

Shinmaywa Industries Ltd

492

42,348

 

Shinnihon Corp

252

92,461

*

Shoals Technologies Group, Inc

1,576

43,808

 

SHO-BOND Holdings Co Ltd

1,906

341,666

 

Shyft Group, Inc

12,338

327,000

 

Sichuan Road & Bridge Co Ltd

536

1,553,550

 

Siemens AG.

215,116

1,923,885

 

Siemens Energy AG.

43,770

476,462

*

Siemens Gamesa Renewable Energy

8,357

80,889

 

Siemens India Ltd

2,515

54,000

 

Sieyuan Electric Co Ltd

278

12,782

 

SIF Holding NV

166

888,978

*

SIG plc

504

196,411

g

Signify NV

9,137

3,029,859

 

Sime Darby BHD

1,726

29,746

 

Simpson Manufacturing Co, Inc

3,244

961,807

 

Singapore Technologies Engineering Ltd

2,913

19,751

 

Sinko Industries Ltd

279

1,022,600

 

Sino Thai Engineering & Construction PCL

410

1,917,000

 

Sinopec Engineering Group Co Ltd

977

895,467

 

Sinotruk Hong Kong Ltd

1,360

68,806

*

SiteOne Landscape Supply, Inc

11,125

48,695

 

SK Holdings Co Ltd

9,650

26

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

387,888

 

SK Networks Co Ltd

$1,503

69,302

e

Skanska AB (B Shares)

1,550

914,347

e

SKF AB (B Shares)

14,909

26,868

 

SKF India Ltd

1,249

160,186

 

SM Investments Corp

2,814

42,263

 

SMC Corp

23,625

2,181,843

 

Smiths Group plc

41,337

50,427

 

Snap-On, Inc

10,362

211,240

e

SNC-Lavalin Group, Inc

5,086

60,300

 

Sodick Co Ltd

385

281,802

e

Sojitz Holdings Corp

4,635

6,947

 

Solar Holdings AS (B Shares)

763

49,581

*

Soltec Power Holdings S.A.

290

93,151

 

Spirax-Sarco Engineering plc

15,228

653,816

 

Spirit Aerosystems Holdings, Inc (Class A)

31,965

365,492

*

SPX Corp

18,059

103,143

 

SPX FLOW, Inc

8,893

50,940

 

Stabilus S.A.

2,528

60,888

e

Stadler Rail AG.

2,363

10,088

 

Standex International Corp

1,008

327,837

 

Stanley Black & Decker, Inc

45,828

40,066

 

Star Micronics Co Ltd

503

9,838

 

Steico SE

998

173,160

*,e

Stem, Inc

1,907

55,655

*

Sterling & Wilson Solar Ltd

232

38,035

*

Sterling Construction Co, Inc

1,019

22,920

e

Sulzer AG.

1,904

1,132,970

 

Sumitomo Corp

19,622

18,097

 

Sumitomo Densetsu Co Ltd

329

269,500

 

Sumitomo Heavy Industries Ltd

6,176

201,737

 

Sumitomo Mitsui Construction Co Ltd

687

1,158,000

*

Sun King Power Electronics Group Ltd

405

101,770

 

Sungrow Power Supply Co Ltd

1,707

183,593

*

Sunrun, Inc

5,576

2,168,900

 

Sunway BHD

903

339,200

 

Sunway Construction Group BHD

139

71,763

 

Sunwoda Electronic Co Ltd

307

6,500

 

Suzhou Maxwell Technologies Co Ltd

535

6,941,818

*

Suzlon Energy Ltd

830

241,672

 

Sweco AB

3,514

115,722

 

Tadano Ltd

969

672,452

*,e

Taihan Electric Wire Co Ltd

1,018

10,543

 

Taihei Dengyo Kaisha Ltd

228

31,053

 

Taikisha Ltd

772

121,786

 

Taisei Corp

3,516

1,238,000

 

Taiwan Glass Industrial Corp

1,077

14,639

 

Takamatsu Corp

247

44,264

 

Takara Standard Co Ltd

458

84,841

 

Takasago Thermal Engineering Co Ltd

1,203

126,700

 

Takeuchi Manufacturing Co Ltd

2,724

80,100

 

Takuma Co Ltd

933

76,355

*,e,g

Talgo S.A.

328

2,128,000

*

Tatung Co Ltd

2,633

292,866

 

TBEA Co Ltd

933

1,403,475

 

Techtronic Industries Co

22,486

2,057,000

 

Teco Electric and Machinery Co Ltd

2,295

22,099

e

Teikoku Sen-I Co Ltd

312

189,782

*

Tekfen Holding AS

276

1,958

 

Tennant Co

154

682,046

 

Terex Corp

24,322

36,378

 

Textainer Group Holdings Ltd

1,385

899,920

 

Textron, Inc

66,936

187,370

 

Thales S.A.

23,465

43,668

 

Thermax Ltd

1,111

27

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

30,998

*

Thermon Group Holdings

$502

141,400

*

THK Co Ltd

3,112

2,661,400

 

Thoresen Thai Agencies PCL

754

54,915

 

Timken Co

3,333

18,063

 

Timken India Ltd

509

123,031

*

Titan International, Inc

1,812

97,028

*

Titan Machinery, Inc

2,742

142,900

 

Titan Wind Energy Suzhou Co Ltd

297

49,064

 

TKH Group NV

2,739

10,200

e

Toa Corp/Tokyo

208

66,411

 

Tocalo Co Ltd

732

249,156

e

Toda Corp

1,509

9,815

 

Toenec Corp

263

111,100

 

Tokai Corp

783

80,702

 

Tokyu Construction Co Ltd

443

91,234

 

Toro Co

7,800

173,989

 

Toromont Industries Ltd

16,494

222,292

 

Toshiba Corp

8,446

27,077

 

Totetsu Kogyo Co Ltd

502

90,928

 

Toto Ltd

3,652

51,303

 

Toyo Construction Co Ltd

325

12,700

 

Toyo Tanso Co Ltd

326

97,471

 

Toyota Industries Corp

6,723

143,458

 

Toyota Tsusho Corp

5,888

5,582

*

TPI Composites, Inc

78

743,278

 

Trane Technologies plc

113,499

1,017

*

Transcat Inc

83

73,917

*

TransDigm Group, Inc

48,160

1,018,680

 

Travis Perkins plc

16,427

448,230

 

Trelleborg AB (B Shares)

10,378

168,498

*

Trex Co, Inc

11,008

66,250

 

Trinity Industries, Inc

2,276

74,874

 

Triton International Ltd

5,255

55,541

*

Triumph Group, Inc

1,404

62,965

 

Troax Group AB

1,632

54,710

 

Trusco Nakayama Corp

1,070

53,130

 

Tsubaki Nakashima Co Ltd

417

30,790

 

Tsubakimoto Chain Co

766

47,000

 

Tsugami Corp

506

34,600

 

Tsukishima Kikai Co Ltd

306

31,322

 

Turk Traktor ve Ziraat Makineleri AS

495

1,499,212

 

Turkiye Sise ve Cam Fabrikalari AS

1,554

37,314

*

Tutor Perini Corp

403

32,960

*

TY Holdings Co Ltd

722

248,447

 

Tyman plc

1,032

198,904

 

UFP Industries, Inc

15,347

82,415

 

Ultra Electronics Holdings

3,581

10,100

 

Union Tool Co

314

211,000

 

United Integrated Services Co Ltd

1,426

151,754

*

United Rentals, Inc

53,905

307,795

*

Univar Solutions Inc

9,893

66,841

 

Uponor Oyj

1,354

119,700

 

Ushio, Inc

1,772

467,900

 

UWC BHD

431

165,237

e

Valmet Corp

5,129

20,392

 

Valmont Industries, Inc

4,866

22,125

e

Varta AG.

2,177

30,664

g

VAT Group AG.

11,675

64,337

*

Vectrus, Inc

2,307

131,688

 

Veidekke ASA

1,829

27,140

*

Veritiv Corp

3,626

469,944

 

Vertiv Holdings Co

6,579

900,491

 

Vestas Wind Systems A.S.

26,416

164,883

*,e

Vestum AB

666

28

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

286,571

 

Vesuvius plc

$1,282

173,269

 

V-Guard Industries Ltd

491

14,673

*

Vicor Corp

1,035

113,986

*,e

View, Inc

210

949,893

 

Vinci S.A.

97,053

175,522

*,e

Virgin Galactic Holdings, Inc

1,734

23,598

 

Volati AB

382

391,646

 

Volex plc

1,360

260,437

 

Voltas Ltd

4,255

65,000

 

Voltronic Power Technology Corp

3,280

225,036

 

Volution Group plc

1,228

36,632

 

Volvo AB (A Shares)

702

693,367

e

Volvo AB (B Shares)

12,935

11,856

 

Vossloh AG.

493

334,845

 

W.W. Grainger, Inc

172,710

42,604

 

Wabash National Corp

632

85,531

 

Wacker Construction Equipment AG.

1,907

39,600

 

Wakita & Co Ltd

324

2,917,000

 

Walsin Lihwa Corp

2,966

692,066

e

Wartsila Oyj (B Shares)

6,319

14,074,000

*

Waskita Karya Persero Tbk PT

537

45,652

 

Watsco, Inc

13,907

17,828

 

Watts Water Technologies, Inc (Class A)

2,489

487,019

e

Webuild SpA

864

1,848,550

 

Weg S.A.

13,539

1,333,709

 

Weichai Power Co Ltd

2,090

328,386

 

Weichai Power Co Ltd (Class A)

687

1,856,308

 

Weir Group plc

39,613

203,652

*

Welbilt, Inc

4,837

43,500

*

WESCO International, Inc

5,661

814,784

 

Westinghouse Air Brake Technologies Corp

78,358

158,561

*,e

Westport Innovations, Inc

255

3,032,000

*

Wijaya Karya Persero Tbk PT

209

2,057

*

Willis Lease Finance Corp

66

525,803

*

WillScot Mobile Mini Holdings Corp

20,575

53,862

 

Wilson Bayly Holmes-Ovcon Ltd

298

57,443

 

Woodward Inc

7,175

140,832

 

WSP Global, Inc

18,690

31,313

 

Wuxi Lead Intelligent Equipment Co Ltd

286

14,700

 

Wuxi Shangji Automation Co Ltd

315

656,738

 

XCMG Construction Machinery Co Ltd

531

354,011

 

Xiamen C & D, Inc

707

271,767

 

Xinjiang Goldwind Science & Technology Co Ltd - A

559

917,813

 

Xinjiang Goldwind Science & Technology Co Ltd - H

1,375

1,865,000

 

Xinyi Glass Holdings Co Ltd

4,472

172,000

 

Xxentria Technology Materials Corp

404

68,728

 

Xylem, Inc

5,860

48,180

 

YAMABIKO Corp

588

51,370

 

Yamazen Corp

395

2,906,800

 

Yangzijiang Shipbuilding

3,264

25,348

 

Yantai Eddie Precision Machinery Co Ltd

95

55,522

 

Yaskawa Electric Corp

2,164

209,965

*,g

Yellow Cake plc

1,087

170,694

e

YIT Oyj

645

61,279

 

Yokogawa Bridge Holdings Corp

972

18,652

 

Yuasa Trading Co Ltd

441

162,000

 

Yungtay Engineering Co Ltd

365

40,800

 

Yurtec Corp

230

10,438

*,†

Yuyang DNU Co Ltd

0^

227,727

 

Zardoya Otis S.A.

1,776

12,211

*

Zehnder Group AG.

1,056

366,100

 

Zhefu Holding Group Co Ltd

305

155,463

 

Zhejiang Chint Electrics Co Ltd

963

21,192

 

Zhejiang Dingli Machinery Co Ltd

149

29

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

27,892

 

Zhejiang HangKe Technology, Inc Co

$249

84,312

 

Zhejiang Sanhua Intelligent Controls Co Ltd

220

133,451

 

Zhejiang Weixing New Building Materials Co Ltd

428

242,800

e

Zhengzhou Coal Mining Machinery Group Co Ltd

267

392,400

 

Zhuzhou CSR Times Electric Co Ltd

1,519

165,600

 

Zhuzhou Kibing Group Co Ltd

343

550,139

 

Zoomlion Heavy Industry Science and Technology Co Ltd - A

574

1,017,138

 

Zoomlion Heavy Industry Science and Technology Co Ltd - H

642

32,506

 

Zumtobel AG.

264

352,587

 

Zurn Water Solutions Corp

12,482

 

 

TOTAL CAPITAL GOODS

8,997,253

COMMERCIAL & PROFESSIONAL SERVICES - 1.3%

 

20,591

*,e

51job, Inc (ADR)

1,206

57,868

 

ABM Industries, Inc

2,664

47,673

*

Acacia Research (Acacia Technologies)

215

392,873

 

ACCO Brands Corp

3,143

166,688

 

Adecco S.A.

7,561

128,253

 

ADT, Inc

973

40,320

 

Aeon Delight Co Ltd

1,002

145,959

 

AF AB

2,928

1,446,065

*,e

Aker Carbon Capture AS.

3,719

155,355

*,e

Aker Horizons Holding ASA

397

16,553

*,e

Akka Technologies S.A.

897

593,492

 

ALS Ltd

5,893

40,530

 

Altech Corp

622

7,994

 

Amadeus Fire AG

1,273

45,400

 

Ambipar Participacoes e Empreendimentos S

350

29,298

*

Anaergia, Inc

285

174,707

 

Applus Services S.A.

1,447

37,862

 

Aris Water Solution, Inc

689

151,366

*

ASGN Inc

17,666

40,017

*,e

Atlas Technical Consultants, Inc

482

9,772

 

Barrett Business Services, Inc

757

43,879

 

BayCurrent Consulting, Inc

15,883

46,951

g

Befesa S.A.

3,690

275,323

 

Beijing Originwater Technology Co Ltd

259

305,500

e

Benefit One, Inc

6,412

64,947

 

BeNEXT Group Inc

882

7,490

 

Bertrandt AG.

366

361,509

g

Biffa plc

1,507

29,947

 

Bilfinger Berger AG.

1,137

89,000

 

Binjiang Service Group Co Ltd

248

713,740

 

Boa Vista Servicos S.A.

1,282

202,402

 

Booz Allen Hamilton Holding Co

17,779

113,837

 

Boyd Group Services, Inc

15,077

144,294

 

Brady Corp (Class A)

6,676

1,536,713

 

Brambles Ltd

11,340

238,990

g

Bravida Holding AB

2,748

36,395

*

BrightView Holdings, Inc

495

5,775

 

Brink's Co

393

93,363

 

Brunel International NV

1,133

403,927

 

Bureau Veritas S.A.

11,516

21,686

*

CACI International, Inc (Class A)

6,533

24,378

*

Casella Waste Systems, Inc (Class A)

2,137

131,236

 

Caverion Corp

755

42,228

*

CBIZ, Inc

1,772

26,956

*

Ceco Environmental Corp

148

12,692

 

Cewe Color Holding AG.

1,279

1,945,500

*

China Conch Environment Protection Holdings Ltd

2,434

2,801,085

 

China Everbright International Ltd

1,681

69,375

*

Cimpress plc

4,412

87,371

 

Cintas Corp

37,167

419,377

*,e

Clarivate Analytics plc

7,029

30

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

48,273

*

Clean Harbors, Inc

$5,389

107,000

 

Cleanaway Co Ltd

741

3,298,230

 

Cleanaway Waste Management Ltd

7,565

294,117

 

Clipper Logistics plc

3,408

928

 

Compx International, Inc

22

113,985

g

Coor Service Management Holding AB

915

210,444

*

Copart, Inc

26,404

103,146

*

CoreCivic, Inc

1,152

381,217

*

CoStar Group, Inc

25,393

3,408

 

CRA International, Inc

287

1,370,700

 

CTOS Digital Bhd

514

1,960,833

 

Dai Nippon Printing Co Ltd

45,972

47,365

 

Daiseki Co Ltd

1,782

5,657

 

Danel Adir Yeoshua Ltd

1,041

36,048

 

Deluxe Corp

1,090

117,860

 

Derichebourg

1,228

57,059

 

DKSH Holding AG.

4,806

8,965

*,e

DO & CO AG.

754

809,696

 

Downer EDI Ltd

3,249

47,224

*

Driven Brands Holdings, Inc

1,241

146,334

*

Dun & Bradstreet Holdings, Inc

2,564

30,998

 

Duskin Co Ltd

682

386,000

 

Dynagreen Environmental Protection Group Co Ltd

177

10,869

 

Ecopro HN Co Ltd

480

38,000

 

ECOVE Environment Corp

326

392,284

 

Elis S.A.

5,780

169,620

 

en-japan, Inc

4,067

23,119

 

Ennis, Inc

427

115,646

 

Equifax, Inc

27,420

769,657

 

Experian Group Ltd

29,652

34,976

 

Exponent, Inc

3,779

32,474

 

Fila S.p.A

336

157,547

*

First Advantage Corp

3,181

21,372

*

Forrester Research, Inc

1,206

33,898

*

Franklin Covey Co

1,533

3,007,900

 

Frontken Corp BHD

2,139

31,128

*

FTI Consulting, Inc

4,894

21,965

 

Fullcast Co Ltd

468

45,354

 

Funai Soken Holdings, Inc

816

16,193

*

GDI Integrated Facility Services, Inc

699

108,964

*,e

Geo Group, Inc

720

191,422

 

GFL Environmental, Inc

6,226

300,400

g

GPS Participacoes e Empreendimentos S.A.

1,084

44,158

*

Harsco Corp

540

1,956,995

 

Hays plc

3,134

101,652

 

Healthcare Services Group

1,888

16,604

 

Heidrick & Struggles International, Inc

657

18,549

*

Heritage-Crystal Clean, Inc

549

62,630

 

Herman Miller, Inc

2,164

2,190

e

HireQuest, Inc

42

12,088

*

HireRight Holdings Corp

207

33,878

 

HNI Corp

1,255

673,846

 

HomeServe plc

7,462

43,403

*

Huron Consulting Group, Inc

1,988

184,425

*

IAA, Inc

7,054

183,715

 

ICF International, Inc

17,295

248,776

 

Indian Railway Catering & Tourism Corp Ltd

2,520

27,806

 

Insource Co Ltd

525

27,176

 

Insperity, Inc

2,729

30,740

*

Insun ENT Co Ltd

293

125,782

 

Interface, Inc

1,707

214,635

 

Intertek Group plc

14,642

114,642

*,g

Intertrust NV

2,491

564,838

 

Intrum Justitia AB

15,242

31

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

273,251

 

IPH Ltd

$1,618

40,844

e

IR Japan Holdings Ltd

1,439

191,864

*

ISS AS

3,410

16,600

 

JAC Recruitment Co Ltd

251

121,273

 

Jacobs Engineering Group, Inc

16,713

1,713,800

 

Japan Elevator Service Holdings Co Ltd

22,185

520,026

*

Johnson Service Group plc

802

108,324

*

KAR Auction Services, Inc

1,955

283,530

 

KBR, Inc

15,518

129,292

 

Kelly Services, Inc (Class A)

2,804

22,128

 

KEPCO Plant Service & Engineering Co Ltd

758

173,590

 

Kforce, Inc

12,840

32,721

 

Kimball International, Inc (Class B)

276

98,308

 

Kokuyo Co Ltd

1,294

77,426

 

Korn/Ferry International

5,028

37,228

g

L&T Technology Services Ltd

2,490

88,227

*,e

Legalzoom.com, Inc

1,248

130,010

 

Leidos Holdings, Inc

14,044

82,901

e

LifeWorks, Inc

1,434

27,389

 

Link And Motivation, Inc

121

91,506

 

Loomis AB

2,496

18,691

 

Maharah Human Resources Co

395

5,600

*,e

Makuake, Inc

93

62,347

 

Manpower, Inc

5,856

23,269

 

Mantech International Corp (Class A)

2,006

14,262

 

Matsuda Sangyo Co Ltd

287

25,981

 

Matthews International Corp (Class A)

841

79,336

 

McMillan Shakespeare Ltd

711

24,628

 

Meitec Corp

1,334

317,874

*,e

Meltwater Holding BV

590

396,853

 

Michael Page International plc

2,557

9,000

 

Midac Holdings Co Ltd

200

19,091

*

Mistras Group, Inc

126

1,716,902

 

Mitie Group

1,232

51,044

 

Mitsubishi Pencil Co Ltd

527

3,187

*

Montrose Environmental Group, Inc

169

34,618

 

MSA Safety, Inc

4,594

47,646

 

NICE Information Service Co Ltd

772

336,423

 

Nielsen NV

9,164

721,770

 

Nihon M&A Center, Inc

10,096

15,700

 

Nippon Kanzai Co Ltd

363

218,111

 

Nippon Parking Development Co Ltd

275

3,239

 

NL Industries, Inc

23

253,348

 

Nomura Co Ltd

1,899

70,928

 

Okamura Corp

700

137,709

 

Outsourcing, Inc

1,419

223,600

 

Park24 Co Ltd

3,659

24,300

 

Pasona Group, Inc

486

140,426

 

Persol Holdings Co Ltd

3,146

31,242

 

Pilot Corp

1,342

362,758

 

Pitney Bowes, Inc

1,886

123,827

 

Prestige International, Inc

731

513,742

e,g

Prosegur Cash S.A.

336

290,742

 

Prosegur Cia de Seguridad S.A.

630

100,932

*,e

PyroGenesis Canada, Inc

253

167,702

*,e

Quantafuel ASA

391

64,518

g

Quess Corp Ltd

560

372,303

*

Raksul, Inc

9,063

122,948

e

Randstad Holdings NV

7,396

5,153,974

 

Recruit Holdings Co Ltd

223,925

240,190

 

RELX plc

7,472

2,087,638

 

RELX plc

64,963

101,287

*

Renewi plc

880

1,922,735

 

Rentokil Initial plc

13,245

32

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

193,867

 

Republic Services, Inc

$25,687

28,431

 

Resources Connection, Inc

487

151,152

 

Restore plc

913

132,417

 

Ritchie Bros Auctioneers, Inc

7,821

111,702

 

Robert Half International, Inc

12,754

230,926

 

Rollins, Inc

8,094

355,117

 

RWS Holdings plc

1,726

20,435

 

S1 Corp (Korea)

1,199

97,352

 

Sato Corp

1,361

41,543

*

Saudi Airlines Catering Co

947

54,434

 

Science Applications International Corp

5,017

29,154

*

Sdiptech AB

1,118

193,206

 

Secom Co Ltd

13,977

320,174

 

Securitas AB (B Shares)

3,612

1,419,665

 

Serco Group plc

2,673

122,207

 

SG Fleet Group Ltd

217

6,236

 

SGS S.A.

17,337

41,435

 

Shanghai M&G Stationery, Inc

318

100,500

*,†

Shanghai Youngsun Investment Co Ltd

1

34,894

*

SIS Ltd

223

156,753

 

Smart Metering Systems plc

1,619

161,989

 

SmartGroup Corp Ltd

1,033

357,487

 

SMS Co Ltd

9,804

29,995

 

Societe BIC S.A.

1,515

50,990

 

Sohgo Security Services Co Ltd

1,663

2,855

*

SP Plus Corp

90

416,653

 

SPIE S.A.

9,855

80,432

 

S-Pool, Inc

816

73,000

 

Sporton International, Inc

479

130,239

 

Stantec, Inc

6,533

76,950

 

Steelcase, Inc (Class A)

920

83,958

*

Stericycle, Inc

4,947

9,016

*,e

Sterling Check Corp

238

347,039

 

Sthree plc

1,876

64,000

 

Sunny Friend Environmental Technology Co Ltd

458

416,000

 

Taiwan Secom Co Ltd

1,579

297,000

 

Taiwan-Sogo Shinkong Security Corp

413

36,975

e

Talenom Oyj

400

10,648

*

TeamLease Services Ltd

607

557,854

 

TechnoPro Holdings, Inc

15,070

160,421

 

Teleperformance

61,104

12,089

 

Tetra Tech, Inc

1,994

214,984

 

Thomson Reuters Corp

23,341

46,525

 

Tinexta S.p.A

1,351

144,017

 

Tomra Systems ASA

7,347

205,917

 

Toppan Printing Co Ltd

3,632

184,430

 

TransUnion

19,059

50,400

 

TRE Holdings Corp

815

116,109

*

TriNet Group, Inc

11,420

29,348

*

TrueBlue, Inc

848

12,709

 

Unifirst Corp

2,342

199,342

*

Upwork, Inc

4,633

24,562

*

US Ecology, Inc

1,176

30,899

 

UT Group Co Ltd

778

317,826

 

Verisk Analytics, Inc

68,215

2,780

*

Viad Corp

99

14,600

*

Visional, Inc

899

9,551

 

VSE Corp

440

336,752

 

Waste Connections, Inc

47,044

977,169

 

Waste Management, Inc

154,881

12,100

e

WDB Holdings Co Ltd

268

5,400

 

Weathernews, Inc

398

3,374

*

Willdan Group, Inc

104

288,895

 

Wolters Kluwer NV

30,798

33

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,700

 

World Holdings Co Ltd

$167

231,000

*,†,a,e

Youyuan International Holdings Ltd

0^

82,700

 

Zhejiang Weiming Environment Protection Co Ltd

379

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

1,638,578

CONSUMER DURABLES & APPAREL - 2.1%

 

 

1,296,000

*

361 Degrees International Ltd

658

31,218

*

Accell Group

1,977

102,182

 

Acushnet Holdings Corp

4,114

420,082

 

Adidas-Salomon AG.

97,890

431,497

*

Aditya Birla Fashion and Retail Ltd

1,709

148,595

 

Aksa Akrilik Kimya Sanayii

440

1,535,110

*

Alok Industries Ltd

509

172,570

 

Alpargatas S.A.

945

17,281

*

Amber Enterprises India Ltd

799

13,268

*

American Outdoor Brands, Inc

174

11,398

*,e

AMMO, Inc

55

68,000

 

AMPACS Corp

156

693,000

 

AmTRAN Technology Co Ltd

401

1,199,955

 

Anta Sports Products Ltd

14,885

72,100

 

Arezzo Industria e Comercio S.A.

1,366

334,673

 

Asics Corp

6,458

98,630

*

Azorim-Investment Development & Construction Co Ltd

544

47,938

*

Bajaj Electricals Ltd

677

195,836

 

Bandai Namco Holdings Inc

14,850

282,537

 

Barratt Developments plc

1,923

7,628

 

Bassett Furniture Industries, Inc

126

56,666

 

Bata India Ltd

1,460

27,494

*

Beazer Homes USA, Inc

418

3,917

 

Beijing Roborock Technology Co Ltd

342

141,398

 

Bellway plc

4,495

78,154

*

Beneteau S.A.

1,224

22,848

 

Berkeley Group Holdings plc

1,114

94,840

 

Bonava AB

594

537,000

*,†,e

Boshiwa International Holding Ltd

1

2,300,472

e

Bosideng International Holdings Ltd

1,066

252,889

 

Bovis Homes Group plc

3,112

118,288

 

Breville Group Ltd

2,395

44,340

e

BRP, Inc (Toronto)

3,630

41,433

*

Brunello Cucinelli S.p.A

2,410

522,965

 

Brunswick Corp

42,303

168,592

 

Burberry Group plc

3,680

6,811,313

 

Cairn Homes plc

9,359

6,904,304

 

Cairn Homes plc (London)

9,451

641,942

*

Callaway Golf Co

15,034

71,625

*,e

Canada Goose Holdings, Inc

1,882

563,728

*

Capri Holdings Ltd

28,970

3,327

 

Carter's, Inc

306

236,200

*,e

Casio Computer Co Ltd

2,704

16,180

*

Cavco Industries, Inc

3,897

36,369

*

CCC S.A.

510

11,076

 

Century Communities, Inc

593

2,594,000

 

China Dongxiang Group Co

165

538,000

 

China Lilang Ltd

260

19,800

 

Chofu Seisakusho Co Ltd

322

483,357

 

Chow Sang Sang Holding

558

717,238

 

Cie Financiere Richemont S.A.

90,913

1,506,000

*

Citychamp Watch & Jewellery Group Ltd

194

4,032

 

Clarus Corp

92

2,790,149

 

Coats Group plc

2,797

2,721

 

Columbia Sportswear Co

246

602,532

*,g

Countryside Properties plc

2,130

60,270

 

Coway Co Ltd

3,397

32,799

 

COWELL FASHION Co Ltd

213

34

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

313,505

 

Crest Nicholson Holdings plc

$1,095

186,927

*

Crocs, Inc

14,281

702,066

 

Crompton Greaves Consumer Electricals Ltd

3,453

656,375

g

Crystal International Group Ltd

261

7,890

 

Cuckoo Electronics Co Ltd

115

362,200

 

Cyrela Brazil Realty S.A.

1,331

19,700

 

Daiwa Seiko, Inc

464

28,482

*

Deckers Outdoor Corp

7,798

116,906

 

De'Longhi S.p.A.

3,162

11,068

 

Delta-Galil Industries Ltd

756

38,802

 

Descente Ltd

972

1,273

 

DI Dong Il Corp

272

37,550

 

Dixon Technologies India Ltd

2,122

315,104

 

DR Horton, Inc

23,478

1,205,973

 

Dr. Martens PLC

3,749

37,463

*,e

Duni AB

408

664,869

 

Eclat Textile Co Ltd

11,007

31,300

 

Ecovacs Robotics Co Ltd

534

2,124

 

Einhell Germany AG.

423

10,910

 

Electra Consumer Products 1970 Ltd

645

737,492

e

Electrolux AB

11,160

7,632

 

Escalade, Inc

101

36,357

 

ES-Con Japan Ltd

243

1,391,206

 

Essilor International S.A.

254,438

19,559

 

Ethan Allen Interiors, Inc

510

125,700

 

Ez Tec Empreendimentos e Participacoes S.A.

495

3,912

 

F&F Co Ltd

2,386

1,186,689

 

Feng TAY Enterprise Co Ltd

7,891

24,654

*,†

FF Group

0^

58,770

 

Fila Korea Ltd

1,512

6,024

 

Flexsteel Industries, Inc

116

1,156

e

Forbo Holding AG.

1,969

766,000

 

Formosa Taffeta Co Ltd

752

41,633

*

Fossil Group, Inc

401

339,999

*,†,e

Fuguiniao Co Ltd

0^

72,221

 

Fujitsu General Ltd

1,405

132,000

 

Fulgent Sun International Holding Co Ltd

565

106,000

 

Fusheng Precision Co Ltd

748

39,845

 

Games Workshop Group plc

3,789

79,809

 

Garmin Ltd

9,466

8,937

 

Garware Technical Fibres Ltd

332

261,451

*,e

Genius Brands International, Inc

267

328,856

 

Giant Manufacturing Co Ltd

2,977

127,037

*

G-III Apparel Group Ltd

3,436

314,901

 

Gildan Activewear, Inc

11,811

1,558,424

*,g

Glenveagh Properties plc

2,021

3,460,973

*,g

Glenveagh Properties plc (London)

4,461

28,847

 

Goldwin, Inc

1,459

3,651

 

Golfzon co Ltd

469

361,526

*

GoPro, Inc

3,084

142,400

 

Gree Electric Appliances, Inc of Zhuhai

722

22,026

*

Green Brick Partners, Inc

435

308,900

 

Grendene S.A.

648

487,800

*

GRUPO DE MODA SOMA S.A.

1,561

601,400

 

Guararapes Confeccoes S.A.

1,456

16,318

 

Gunze Ltd

498

428,270

 

Haier Smart Home Co Ltd

1,548

2,396,001

 

Haier Smart Home Co Ltd

7,661

5,695

 

Hamilton Beach Brands Holding Co

66

13,667

 

Handsome Co Ltd

400

45,334

 

Hanesbrands, Inc

675

53,700

*

Hang Zhou Great Star Industrial Co Ltd

139

38,505

 

Hangzhou Robam Appliances Co Ltd

176

17,423

 

Hansae Co Ltd

381

35

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

10,491

 

Hanssem Co Ltd

$733

16,771

e

Harvia Oyj

668

118,445

 

Hasbro, Inc

9,703

287,172

 

Haseko Corp

3,298

38,088

*,e

Hayward Holdings, Inc

633

70,889

 

Heiwa Corp

1,056

3,210

*

Helen of Troy Ltd

629

26,401

 

Hermes International

37,367

6,806

*

Hitachi Home & Life Solutions India Ltd

159

102,783

*

HLB, Inc

2,579

10,214

 

Hooker Furniture Corp

193

466,000

*,†

HOSA International Ltd

1

4,735

*

Hovnanian Enterprises, Inc

280

138,767

 

Hugo Boss AG.

8,006

15,783

 

Hwaseung Enterprise Co Ltd

198

97,895

 

IG Design Group plc

86

91,150

 

Iida Group Holdings Co Ltd

1,572

75,375

 

Indo Count Industries Ltd

157

2,953

 

Installed Building Products, Inc

250

5,419

*

iRobot Corp

344

64,610

 

Japan Wool Textile Co Ltd

471

30,219

 

Jason Furniture Hangzhou Co Ltd

291

53,049

*,e

JM AB

1,685

343,000

 

JNBY Design Ltd

407

92,000

 

Johnson Health Tech Co Ltd

174

2,368

 

Johnson Outdoors, Inc

184

16,415

 

Kaufman & Broad S.A.

544

57,232

 

KB Home

1,853

1,119,000

 

Kinpo Electronics

655

10,400

 

Ki-Star Real Estate Co Ltd

444

245,000

 

KMC Kuei Meng International In

1,607

575,000

 

Konka Group Co Ltd

153

6,765

 

Kontoor Brands, Inc

280

96,522

 

KPR Mill Ltd

790

13,722

*

Landsea Homes Corp

117

5,093

*,e

Latham Group, Inc

67

39,673

 

La-Z-Boy, Inc

1,046

6,370

*

Legacy Housing Corp

137

121,706

 

Leggett & Platt, Inc

4,235

239,346

 

Lennar Corp (Class A)

19,428

13,966

 

Lennar Corp (Class B)

955

712,869

 

Levi Strauss & Co

14,086

16,043

 

LF Corp

233

167,860

 

LG Electronics, Inc

16,511

2,624

*

LGI Homes, Inc

256

2,563,621

 

Li Ning Co Ltd

21,769

13,730

 

Lifetime Brands, Inc

176

97,734

*

Lock & Lock Co Ltd

875

1,776

*,e

Lovesac Co

96

1,179

 

LPP S.A.

3,190

186,529

*

Lululemon Athletica, Inc

68,126

7,903

 

LUX Industries Ltd

227

323,720

 

LVMH Moet Hennessy Louis Vuitton S.A.

231,071

23,723

*

M/I Homes, Inc

1,052

276,000

 

Makalot Industrial Co Ltd

1,966

14,809

*

Malibu Boats, Inc

859

2,172,184

 

Man Wah Holdings Ltd

2,350

6,442

*,†

Mariella Burani S.p.A.

0

7,711

*,e

Marimekko Oyj

647

7,048

 

Marine Products Corp

81

2,311

*

MasterCraft Boat Holdings, Inc

57

1,435,845

*

Mattel, Inc

31,890

119,559

g

Mavi Giyim Sanayi Ve Ticaret AS.

626

120,384

 

Maytronics Ltd

2,349

36

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

37,589

 

MDC Holdings, Inc

$1,422

261,000

 

Merida Industry Co Ltd

2,290

30,045

*

Meritage Homes Corp

2,380

86,700

 

Midea Group Co Ltd

773

133,668

 

MIPS AB

12,430

50,700

 

Mizuno Corp

873

52,950

*

Mohawk Industries, Inc

6,576

1,114,156

 

Moncler S.p.A

61,815

12,946

 

Movado Group, Inc

506

375,200

 

MRV Engenharia e Participacoes S.A.

1,013

7,800

e

Nagawa Co Ltd

639

123,020

*,e

Nautilus, Inc

507

57,779

*,g

Neinor Homes S.A.

762

45,976

 

New Wave Group AB (B Shares)

746

3,185,571

 

Newell Brands Inc

68,203

173,448

 

Nien Made Enterprise Co Ltd

2,019

2,071,989

 

Nike, Inc (Class B)

278,807

644,500

 

Nikon Corp

6,882

286,325

 

Nobia AB

1,260

14,727

*

NVR, Inc

65,789

14,534

*

On Holding AG.

367

1,101,831

e

Onward Kashiyama Co Ltd

2,299

55,500

 

Open House Co Ltd

2,456

20,732

 

Oppein Home Group, Inc

381

126,391

 

Orient Electric Ltd

534

276,564

*,e,g

OVS S.p.A

597

12,461

 

Oxford Industries, Inc

1,128

1,060,778

 

Pacific Textile Holdings Ltd

492

6,139

 

Page Industries Ltd

3,485

1,596,868

 

Panasonic Corp

15,509

48,192

 

Pandora AS

4,591

402,000

*,†

Peace Mark Holdings Ltd

0

332,041

*

Peloton Interactive, Inc

8,773

68,815

 

Persimmon plc

1,930

20,656

PIK Group (GDR)

0^

75,872

*,e

PLBY Group, Inc

993

56,465

e

Polaris Inc

5,947

2,527,006

 

Pou Chen Corp

2,766

5,374,840

 

Prada S.p.A

34,045

21,185

 

Pressance Corp

316

316,237

 

Pulte Homes, Inc

13,250

68,240

 

Puma AG. Rudolf Dassler Sport

5,803

71,963

*,e

Purple Innovation, Inc

421

18,815

 

PVH Corp

1,441

579,000

e

Q Technology Group Co Ltd

443

79,000

 

Quang Viet Enterprise Co Ltd

317

111,143

 

Rajesh Exports Ltd

1,012

4,377

 

Ralph Lauren Corp

497

293,612

 

Redrow plc

2,009

55,242

 

Relaxo Footwears Ltd

774

22,782

 

Rinnai Corp

1,704

5,595

 

Rocky Brands, Inc

233

14,800

 

Roland Corp

488

551,000

 

Ruentex Industries Ltd

2,205

61,492

*,e

Salvatore Ferragamo Italia S.p.A

1,158

61,124

 

Sangetsu Co Ltd

764

163,000

 

Sankyo Co Ltd

4,520

14,574

 

Sanlorenzo S.p.A

590

29,002

 

SEB S.A.

4,045

272,600

 

Sega Sammy Holdings, Inc

4,701

27,500

 

Seiko Holdings Corp

513

51,293

e

Seiren Co Ltd

931

236,362

 

Sekisui Chemical Co Ltd

3,387

438,645

 

Sekisui House Ltd

8,485

37

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

146,093

e

Sharp Corp

$1,364

14,820

*

Sheela Foam Ltd

677

99,045

*

Shenzhen MTC Co Ltd

57

922,038

 

Shenzhou International Group Holdings Ltd

12,173

93,745

 

Shimano, Inc

21,468

10,963

*

Skechers U.S.A., Inc (Class A)

447

236,361

*

Skyline Champion Corp

12,972

1,816,000

*

Skyworth Digital Holdings Ltd

924

140,384

 

Smith & Wesson Brands, Inc

2,124

8,099

*,e

Snap One Holdings Corp

119

31,800

e

Snow Peak, Inc

853

5,687

*,e

Solo Brands, Inc

49

162,895

*,e

Sonos, Inc

4,597

3,390,317

 

Sony Corp

348,781

49,604

e

Sony Corp (ADR)

5,095

503,225

*,g

Spin Master Corp

17,329

19,478

*,e

Spinnova Oyj

187

4,949,044

*,e

Steinhoff International Holdings NV

1,124

692,000

 

Stella International Holdings Ltd

672

669,916

 

Steven Madden Ltd

25,886

3,105

 

Sturm Ruger & Co, Inc

216

160,397

 

Sumitomo Forestry Co Ltd

2,826

9,160

 

Superior Uniform Group, Inc

164

29,500

 

Suzhou TA&A Ultra Clean Technology Co Ltd

331

25,154

e

Swatch Group AG.

7,132

7,699

 

Swatch Group AG. (Registered)

419

14,878

 

Symphony Ltd

214

1,312,000

 

Tainan Spinning Co Ltd

1,062

254,000

 

Taiwan Paiho Ltd

634

20,500

 

Tama Home Co Ltd

427

56,500

 

Tamron Co Ltd

1,098

158,154

 

Tapestry, Inc

5,875

134,965

*

Taylor Morrison Home Corp

3,674

3,700,154

 

Taylor Wimpey plc

6,301

831,000

 

TCL Multimedia Technology Holdings Ltd

353

595,445

 

TCL Technology Group Corp

459

156,413

e,g

Technogym S.p.A

1,233

183,412

 

Tempur Sealy International, Inc

5,121

290,500

 

Texhong Textile Group Ltd

359

118,046

g

Thule Group AB

4,673

392,574

 

Titan Industries Ltd

13,078

13,077

*,e

Tod's S.p.A.

585

5,790

 

Token Corp

428

108,205

 

Toll Brothers, Inc

5,088

78,501

 

Tomy Co Ltd

780

32,577

*

TopBuild Corp

5,909

64,000

 

Topkey Corp

295

590,504

*,e

Traeger, Inc

4,393

88,421

*

TRI Pointe Homes, Inc

1,776

2,771,990

 

Trident Ltd

1,937

44,648

 

TTK Prestige Ltd

484

44,183

*,e

Tupperware Brands Corp

859

177,483

*

Under Armour, Inc (Class A)

3,021

2,405,872

*

Under Armour, Inc (Class C)

37,435

12,409

*

Unifi, Inc

225

12,537

*

Universal Electronics, Inc

392

27,843

*,e

Universal Entertainment Corp

622

52,967

 

Vaibhav Global Ltd

260

4,921

 

VAN DE Velde

210

122,590

 

Vardhman Textiles Ltd

702

22,484

*

Vera Bradley, Inc

172

70,044

 

Vestel Elektronik Sanayi

123

217,000

e

Vesync Co Ltd

148

266,738

 

VF Corp

15,167

38

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

74,229

*,e

Victoria plc

$883

62,947

 

VIP Industries Ltd

616

66,736

*

Vista Outdoor, Inc

2,382

239,300

 

Vivara Participacoes S.A.

1,392

14,631

*

VOXX International Corp (Class A)

146

7,193

*,e

Vuzix Corp

47

4,139

*

V-ZUG Holding AG.

498

139,013

 

Wacoal Holdings Corp

2,090

12,519

e

Weber, Inc

123

453,688

 

Welspun India Ltd

541

327,406

 

Whirlpool Corp

56,569

34,148

 

Whirlpool of India Ltd

706

194,859

 

Wolverine World Wide, Inc

4,396

8,066

 

Xiamen Intretech, Inc

31

1,615,500

e

XTEP International Holdings

2,414

87,004

 

Yamaha Corp

3,781

281,593

*

YETI Holdings, Inc

16,890

107,200

 

Yonex Co Ltd

899

26,859

 

Youngone Corp

1,050

7,933

 

Youngone Holdings Co Ltd

350

990,500

*

Yue Yuen Industrial Holdings

1,598

123,612

 

Zhejiang Semir Garment Co Ltd

132

14,213

 

Zhejiang Supor Co Ltd

112

11,613

 

Zinus, Inc

692

36,700

 

Zojirushi Corp

435

 

 

TOTAL CONSUMER DURABLES & APPAREL

2,670,100

CONSUMER SERVICES - 2.4%

 

 

 

40,161

*

2U, Inc

533

452,277

 

888 Holdings plc

1,096

209,923

g

AcadeMedia AB

1,158

133,685

*

Accel Entertainment, Inc

1,628

280,224

*

Accor S.A.

9,029

41,161

*

Adtalem Global Education, Inc

1,223

106,238

*

Airbnb, Inc

18,247

212,500

*,e

Airtrip Corp

5,181

663,400

*

Alsea SAB de C.V.

1,663

16,818

*

American Public Education, Inc

357

78,692

*

AmRest Holdings SE

376

292,000

*

Anima Holding S.A.

445

214,355

 

ARAMARK Holdings Corp

8,060

22,260

e

ARCLAND SERVICE Co Ltd

397

7,989,677

*,a,e

Arcos Dorados Holdings, Inc

64,956

616,817

 

Aristocrat Leisure Ltd

16,742

5,212,168

*

Asset World Corp PCL

795

17,987

 

Ataa Educational Co

270

148,400

*,e

Atom Corp

912

231,307

*,e

Autogrill S.p.A.

1,560

4,089

*,e

Bally's Corp

126

60,195

*,g

Basic-Fit NV

2,678

84,200

 

Benesse Holdings, Inc

1,545

817,100

 

Berjaya Sports Toto BHD

372

767,350

*,e

Betmakers Technology Group Ltd

360

133,223

 

Betsson AB

808

713

*

Biglari Holdings, Inc (B Shares)

103

4,631

*

BJ's Restaurants, Inc

131

3,861,000

*

Bloomberry Resorts Corp

509

433,796

 

Bloomin' Brands, Inc

9,517

32,399

*

Bluegreen Vacations Holding Corp

958

142,532

*

Booking Holdings, Inc

334,729

161,971

 

Boyd Gaming Corp

10,654

60,864

*

Bright Horizons Family Solutions

8,076

16,704

*

Brinker International, Inc

637

181,761

*

Burger King India Ltd

240

39

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

653,011

*

Caesars Entertainment, Inc

$50,517

464,000

 

Cafe de Coral Holdings Ltd

773

329,435

 

Cairo Investment & Real Estate Development Co SAE

185

1,771,899

*

Carnival Corp

35,828

183,180

*

Carnival plc

3,318

11,302

 

Carriage Services, Inc

603

33,088

 

Carrols Restaurant Group, Inc

75

383,000

*

Central Plaza Hotel PCL

463

2,967

*

Century Casinos, Inc

35

58,379

*

Chalet Hotels Ltd

231

95,464

*

Cheesecake Factory

3,799

133,358

*

Chegg, Inc

4,838

529,500

e,g

China East Education Holdings Ltd

305

792,303

 

China Education Group Holdings Ltd

682

390,000

 

China Kepei Education Group Ltd

109

1,452,000

*

China Maple Leaf Educational Systems Ltd

77

854,000

g

China New Higher Education Group Ltd

269

2,382,000

*

China Travel International Inv HK

450

2,202,000

g

China Yuhua Education Corp Ltd

494

64,479

*

Chipotle Mexican Grill, Inc (Class A)

102,008

35,157

 

Choice Hotels International, Inc

4,984

92,997

 

Churchill Downs, Inc

20,625

10,713

*

Chuy's Holdings, Inc

289

29,650

*

Cie des Alpes

439

2,295,000

*

Cogna Educacao

1,364

119,240

 

Collins Foods Ltd

935

86,400

e

Colowide Co Ltd

1,254

2,559,694

 

Compass Group plc

55,085

127,756

*

Corporate Travel Management Ltd

2,249

113,607

*

Coursera, Inc

2,617

7,062

 

Cracker Barrel Old Country Store, Inc

838

130,200

e

Create Restaurants Holdings, Inc

770

385,435

*

Crown Resorts Ltd

3,670

160,700

 

Cruzeiro do Sul Educacional S.A.

162

53,900

 

Curves Holdings Co Ltd

310

284,100

*

CVC Brasil Operadora e Agencia de Viagens S.A.

996

195,429

 

Dadi Early-Childhood Education Group Ltd

819

224,114

*

Dalata Hotel Group plc

982

464,048

 

Darden Restaurants, Inc

61,695

23,385

*

Dave & Buster's Entertainment, Inc

1,148

76,867

 

Delta Corp Ltd

332

130,723

*

Denny's Corp

1,871

326,978

*

Devyani International Ltd

749

2,057

 

Dine Brands Global Inc.

160

63,520

 

Domino's Pizza Enterprises Ltd

4,135

500,772

 

Domino's Pizza Group plc

2,491

36,261

 

Domino's Pizza, Inc

14,759

47,536

 

DoubleUGames Co Ltd

2,008

33,018

 

Doutor Nichires Holdings Co Ltd

411

299,441

*,e

DraftKings, Inc

5,830

662,857

*,e

Drive Shack, Inc

1,021

45,730

*

Dur Hospitality Co

342

353,000

 

EC Healthcare

372

65,722

*

eDreams ODIGEO S.A.

580

334,000

 

Edvantage Group Holdings Ltd

120

157,036

*

EIH Ltd

319

18,674

*

El Pollo Loco Holdings, Inc

217

142,393

*,g

Elior Participations S.C.A

477

74,635

*

Emerson Pacific, Inc

554

786,110

*

Entain PLC

16,839

2,787

*,e

Esports Technologies, Inc

19

6,564

*

European Wax Center, Inc

194

638,265

*

Everi Holdings, Inc

13,404

255,142

g

Evolution Gaming Group AB

25,957

40

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

418,740

*

Expedia Group, Inc

$81,935

11,662

*

F45 Training Holdings, Inc

125

16,148

*

Fattal Holdings 1998 Ltd

2,313

17,687

*

Fiesta Restaurant Group, Inc

132

3,822

*

First Watch Restaurant Group, Inc

50

183,644

*,e

Flight Centre Travel Group Ltd

2,687

173,187

*

Flutter Entertainment plc

19,959

221,302

*

Flutter Entertainment plc

25,620

53,000

 

Formosa International Hotels Corp

317

249,800

*,e,g

Fosun Tourism Group

348

166,442

*

frontdoor, Inc

4,968

1,410,000

 

Fu Shou Yuan International Group Ltd

1,036

26,999

e

Fuji Kyuko Co Ltd

860

9,700

*

Fujio Food System Co Ltd

109

43,613

*

Full House Resorts, Inc

419

943,826

 

G8 Education Ltd

808

2,313,622

 

Galaxy Entertainment Group Ltd

13,691

32,842

*

GAN Ltd

158

2,367,797

 

Genting BHD

2,629

3,421,281

 

Genting Malaysia BHD

2,414

6,159,770

 

Genting Singapore Ltd

3,682

2,565

*

Golden Entertainment, Inc

149

4,893

*

Golden Nugget Online Gaming, Inc

35

88,000

 

Gourmet Master Co Ltd

285

3,266

 

Graham Holdings Co

1,997

36,928

*

Grand Canyon Education, Inc

3,586

31,086

*

Grand Korea Leisure Co Ltd

378

225,201

 

Greggs plc

7,233

126,300

*

GSX Techedu, Inc (ADR)

217

186,057

*,g

Gym Group plc

475

241,558

 

H&R Block, Inc

6,290

7,713,200

*,e,g

Haichang Holdings Ltd

3,818

790,776

e,g

Haidilao International Holding Ltd

1,521

59,166

*,e

Hall of Fame Resort & Entertainment Co

66

8,870

*

Hana Tour Service, Inc

619

23,096

 

Herfy Food Services Co

345

35,237

e

Hiday Hidaka Corp

517

172,599

*

Hilton Grand Vacations, Inc

8,977

806,717

*

Hilton Worldwide Holdings, Inc

122,411

46,628

*

HIS Co Ltd

812

521,500

*

Hongkong & Shanghai Hotels

554

2,752,000

e,g

Hope Education Group Co Ltd

256

329,445

*

Houghton Mifflin Harcourt Co

6,922

299,800

*

Huangshan Tourism Development Co Ltd

221

302,855

 

Huazhu Group Ltd (ADR)

9,991

108,096

 

Humansoft Holding Co KSC

1,147

45,856

*

Hyatt Hotels Corp

4,377

17,700

 

Ichibanya Co Ltd

671

1,620,338

 

IDP Education Ltd

37,923

793,788

 

Indian Hotels Co Ltd

2,477

189,134

 

InterContinental Hotels Group plc

12,792

302,503

e

International Game Technology plc

7,466

174,462

e

Invocare Ltd

1,558

16,700

 

Jack in the Box, Inc

1,560

702,000

 

JH Educational Technology, Inc

296

856,000

e,g

Jiumaojiu International Holdings Ltd

1,811

463,383

 

Jollibee Foods Corp

2,012

85,784

 

Jubilant Foodworks Ltd

2,964

442,434

 

Jumbo Interactive Ltd

6,156

103,325

*

Kambi Group plc

2,371

106,473

*

Kangwon Land, Inc

2,428

36,670

*,e

Kappa Create Co Ltd

406

16,100

 

Kentucky Fried Chicken Japan Ltd

375

338,327

 

Kindred Group plc

3,691

41

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

17,500

e

Kisoji Co Ltd

$299

61,500

 

KOMEDA Holdings Co Ltd

1,025

343,000

*,e,g

Koolearn Technology Holding Ltd

170

43,594

e

Koshidaka Holdings Co Ltd

246

209,771

e

Krispy Kreme, Inc

3,115

67,604

 

Kura Corp

1,851

770

*,e

Kura Sushi USA, Inc

42

32,683

e

Kyoritsu Maintenance Co Ltd

1,229

168,507

g

La Francaise des Jeux SAEM

6,685

3,018,045

*

Las Vegas Sands Corp

117,311

369,776

 

Laureate Education, Inc

4,382

25,266

 

Leejam Sports Co JSC

846

445,457

g

LeoVegas AB

1,787

17,442

*

Life Time Group Holdings, Inc

254

4,091

*

Lindblad Expeditions Holdings, Inc

62

25,000

 

LITALICO, Inc

577

34,855

*

Lotte Tour Development Co Ltd

510

146,000

 

Lung Yen Life Service Corp

225

760,500

 

Magnum BHD

329

437,115

*

Marriott International, Inc (Class A)

76,823

38,402

 

Marriott Vacations Worldwide Corp

6,056

804,371

*

Marston's plc

859

14,000

e

Matsuya Foods Co Ltd

415

2,148,726

 

McDonald's Corp

531,337

87,099

 

McDonald's Holdings Co Japan Ltd

3,622

7,775

 

MegaStudyEdu Co Ltd

659

4,142,423

*

Melco Crown Entertainment Ltd (ADR)

31,648

811,817

*

Melco International Development

740

129,438

*

Melia Hotels International S.A.

968

1,182,800

*,e

MGM China Holdings Ltd

748

351,831

 

MGM Resorts International

14,756

3,321,400

*

Minor International PCL

3,326

1,020,000

g

Minsheng Education Group Co Ltd

105

73,893

*,e

Mister Car Wash, Inc

1,093

309,110

*

Mitchells & Butlers plc

945

309,300

 

MK Restaurants Group PCL

499

3,014

*

Monarch Casino & Resort, Inc

263

9,634

 

Monogatari Corp

458

32,700

e

MOS Food Services, Inc

773

133,100

 

MPM Corporeos S.A.

154

23,783

e

MTY Food Group, Inc

1,037

1,473

 

Nathan's Famous, Inc

80

16,689

 

National Co for Learning & Education

224

44,589

*

NEOGAMES S.A.

688

1,700,269

*

New Oriental Education & Technology Group (ADR)

1,955

878,043

*

Noodles & Co

5,242

342,759

*,e

Norwegian Cruise Line Holdings Ltd

7,500

17,800

 

Ohsho Food Service Corp

874

209,027

*,g

On the Beach Group plc

644

16,128

*

ONE Group Hospitality, Inc

169

27,115

*

OneSpaWorld Holdings Ltd

277

222,450

 

OPAP S.A.

3,238

12,184

*,e

Open Door, Inc

186

211,898

 

Oriental Land Co Ltd

40,558

35,710

 

Papa John's International, Inc

3,760

44,942

*

Paradise Co Ltd

609

111,860

e

Park Lawn Corp

3,094

38,470

*,†

Patisserie Holdings plc

0^

187,565

*

Penn National Gaming, Inc

7,957

58,239

*

Perdoceo Education Corp

669

448,000

 

Perfect Shape Medical Ltd

275

83,825

*

Planet Fitness, Inc

7,082

197,128

*

PlayAGS, Inc

1,315

372,340

*

Playtech Ltd

2,896

42

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,905

 

Plenus Co Ltd

$394

1,829,683

*

PointsBet Holdings Ltd

5,102

11,336

e

Pollard Banknote Ltd

244

8,385

*

Portillo's, Inc

206

31,582

*

PowerSchool Holdings, Inc

521

306,996

*

Rank Group plc

543

1,068

 

RCI Hospitality Holdings, Inc

66

20,419

*

Recipe Unlimited Corp

239

2,942

*

Red Robin Gourmet Burgers, Inc

50

214,725

 

Red Rock Resorts, Inc

10,427

97,700

 

Resorttrust, Inc

1,666

339,674

 

Restaurant Brands International, Inc (Toronto)

19,845

864,508

*

Restaurant Group plc

691

28,900

 

Ringer Hut Co Ltd

534

120,000

 

Riso Kyoiku Co Ltd

374

68,661

 

Round One Corp

752

234,431

*,e

Royal Caribbean Cruises Ltd

19,641

31,700

 

Royal Holdings Co Ltd

545

32,497

*,e

Rush Street Interactive, Inc

236

4,538

 

Ruth's Hospitality Group Inc

104

30,400

 

Saizeriya Co Ltd

668

13,531,492

*

Sands China Ltd

32,191

181,316

*,e,g

Scandic Hotels Group AB

832

96,757

*

Scientific Games Corp (Class A)

5,684

92,789

*

SeaWorld Entertainment, Inc

6,907

179,817

*

Seera Group Holding

1,005

26,558

 

Seobu Truck Terminal Co Ltd

219

150,926

 

Service Corp International

9,934

4,562

*

Shake Shack, Inc

310

27,939

 

Shanghai Jinjiang International Hotels Development Co Ltd

218

1,324,000

 

Shanghai Jinjiang International Hotels Group Co Ltd

516

1,228,000

*

Shangri-La Asia Ltd

961

245,772

 

Shenzhen Overseas Chinese Town Co Ltd

284

332,095

*

Six Flags Entertainment Corp

14,446

3,305,000

*

SJM Holdings Ltd

1,623

43,691

 

SkiStar AB

812

926,752

 

Sky City Entertainment Group Ltd

1,840

280,282

e

Skylark Co Ltd

3,622

282,700

*

Smartfit Escola de Ginastica e Danca S.A.

1,277

90,815

 

Sodexho Alliance S.A.

7,390

91,914

 

Songcheng Performance Development Co Ltd

190

1,702,558

*

SSP Group plc

5,050

1,034,372

*

Star Entertainment Grp Ltd

2,503

1,298,560

 

Starbucks Corp

118,130

34,843

*

StoneMor, Inc

91

20,371

 

Strategic Education, Inc

1,352

104,978

*

Stride, Inc

3,814

132,193

 

Sushiro Global Holdings Ltd

3,687

3,964

*,e

Sweetgreen, Inc

127

3,086,340

 

Tabcorp Holdings Ltd

12,296

448,368

*,e

TAL Education Group (ADR)

1,350

4,681

*

Target Hospitality Corp

28

115,693

*

Terminix Global Holdings, Inc

5,279

380,399

 

Texas Roadhouse, Inc (Class A)

31,851

1,189,000

 

Tianli Education International Holdings Ltd

116

105,085

 

Tokyotokeiba Co Ltd

3,739

679,220

*

Tongcheng-Elong Holdings Ltd

1,197

52,359

e

Toridoll.corp

1,086

13,684

e

Tosho Co Ltd

197

584,858

*,g

Trainline plc

1,921

600,898

 

Travel & Leisure Co

34,816

568,521

*

Trip.com Group Ltd (ADR)

13,144

1,382,581

e

TUI AG. (DI)

4,371

10,433

*

Udemy, Inc

130

43

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

42,106

 

Vail Resorts, Inc

$10,959

59,388

*,e

Vivint Smart Home, Inc

401

450,336

*,e

Webjet Ltd

1,869

342,878

e

Wendy's

7,533

52,466

*

Westlife Development Ltd

330

110,537

*

Wetherspoon (J.D.) plc

1,126

207,047

*

Whitbread plc

7,709

21,637

 

Wingstop, Inc

2,539

656,000

 

Wisdom Education International Holdings Co Ltd

25

37,107

*

WW International Inc

380

408,741

 

Wyndham Hotels & Resorts, Inc

34,616

36,593,000

*,e

Wynn Macau Ltd

26,518

499,289

*

Wynn Resorts Ltd

39,813

439,500

g

Xiabuxiabu Catering Management China Holdings Co Ltd

220

1,997

*

Xponential Fitness, Inc

47

613,000

 

YDUQS Part

2,696

82,019

 

Yoshinoya D&C Co Ltd

1,585

35,500

*,e

Youdao, Inc (ADR)

252

25,660

 

Young & Co's Brewery plc

477

1,340,322

 

Yum China Holdings, Inc

55,677

1,189,341

 

Yum! Brands, Inc

140,973

17,113

 

Zeal Network SE

682

109,622

e

Zensho Co Ltd

2,561

 

 

TOTAL CONSUMER SERVICES

3,045,831

DIVERSIFIED FINANCIALS - 4.7%

 

 

 

97,500

e

360 Finance, Inc (ADR)

1,501

207,742

 

3i Group plc

3,756

44,980

 

ABC Arbitrage

370

25,800

 

Acom Co Ltd

67

516,263

*

Aditya Birla Capital Ltd

728

119,600

 

Aeon Credit Service M BHD

430

128,500

 

AEON Financial Service Co Ltd

1,273

83,900

 

Aeon Thana Sinsap Thailand PCL

492

24,586

e

AFC Gamma, Inc

470

37,945

 

Affiliated Managers Group, Inc

5,348

1,260,873

 

AGNC Investment Corp

16,517

373,700

e

Aiful Corp

1,092

684,859

 

AJ Bell plc

2,720

37,276

 

Aju IB Investment Co Ltd

125

928,833

 

Al Waha Capital PJSC

415

13,802

 

Alerus Financial Corp

381

699,403

*

Alimtiaz Investment Group KSC

310

1,008,894

*

Allfunds Group PLC

11,557

324,894

 

Ally Financial, Inc

14,126

33,952

 

Alpha FX Group plc

923

75,759

 

Altshuler Shaham Provident Funds & Pension Ltd

354

1,136,296

*

Amanat Holdings PJSC

361

38,289

 

A-Mark Precious Metals, Inc

2,961

1,764,964

n

American Express Co

330,048

156,713

 

Ameriprise Financial, Inc

47,070

4,198,336

*

AMP Ltd

3,012

53,305

g

Amundi S.A.

3,645

7,200

e

Angel Oak Mortgage, Inc

118

25,249

 

Angel One Ltd

507

660,701

g

Anima Holding S.p.A

2,948

738,101

e

Annaly Capital Management, Inc

5,196

117,900

 

Apollo Commercial Real Estate Finance, Inc

1,642

398,788

 

Apollo Global Management, Inc

24,721

115,552

 

Arbor Realty Trust, Inc

1,971

33,231

 

Ares Commercial Real Estate Corp

516

142,054

 

Ares Management Corp

11,539

63,133

e

ARMOUR Residential REIT, Inc

530

6,706

 

Artisan Partners Asset Management, Inc

264

44

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

560,201

 

Ashmore Group plc

$1,701

147,513

*

Assetmark Financial Holdings, Inc

3,282

2,106

 

Associated Capital Group, Inc

88

616

*

Atlanticus Holdings Corp

32

35,009

 

Aurelius AG.

967

131,142

 

Australian Ethical Investment Ltd

704

230,082

 

Australian Stock Exchange Ltd

13,996

144,103

e

Avanza Bank Holding AB

3,686

121,314

 

Avic Capital Co Ltd

79

2,215

*,†

Ayala Corp Preferred

0^

130,347

 

Azimut Holding S.p.A.

3,022

17,046

 

B. Riley Financial, Inc

1,193

5,777,429

 

B3 SA-Brasil Bolsa Balcao

19,064

299,852

 

Bajaj Finance Ltd

28,476

26,040

 

Bajaj Finserv Ltd

5,811

199,905

g

Banca Farmafactoring S.p.A

1,484

546,273

 

Banca Generali S.p.A

20,212

73,742

 

Banca IFIS S.p.A.

1,508

363,902

 

Banca Mediolanum S.p.A

3,092

2,485,004

 

Banco BTG Pactual S.A. - Unit

13,591

29,581

 

Banco Latinoamericano de Exportaciones S.A. (Class E)

461

1,107,552

 

Bangkok Commercial Asset Management PCL

684

3,254,946

 

Bank of New York Mellon Corp

161,543

2,272,350

*

Berkshire Hathaway, Inc (Class B)

801,935

9,665,000

 

BFI Finance Indonesia Tbk PT

861

586,151

 

BGC Partners, Inc (Class A)

2,579

241,739

 

BlackRock, Inc

184,730

279,521

 

Blackstone Mortgage Trust, Inc

8,886

870,560

n

Blackstone, Inc

110,509

28,656

*

Blucora, Inc

560

39,700

 

BOC International China Co Ltd

84

1,335,012

e

BOCOM International Holdings Co Ltd

194

861,285

e

Bolsa Mexicana de Valores S.A. de C.V.

1,821

133,267

 

Boursa Kuwait Securities Co KPSC

1,188

676,955

 

Brewin Dolphin Holdings plc

4,542

1,042,490

*

Bridgepoint Group Ltd

4,814

115,781

 

Brightsphere Investment Group, Inc

2,808

71,256

 

BrightSpire Capital, Inc

659

106,724

 

Broadmark Realty Capital, Inc

923

1,704,238

 

Brookfield Asset Management, Inc

96,353

180,229

e

Brookfield Asset Management, Inc (New York)

10,196

139,269

 

BSE Ltd

1,725

107,555

 

Bure Equity AB

3,494

1,017,502

 

Burford Capital Ltd

9,271

932,900

 

Bursa Malaysia BHD

1,567

183,502

 

Caitong Securities Co Ltd

244

116,567

 

Canaccord Financial, Inc

1,152

141,831

*

Cannae Holdings, Inc

3,393

208,277

 

Capital One Financial Corp

27,345

2,115,000

 

Capital Securities Corp

1,205

261,884

 

Carlyle Group, Inc

12,809

150,543

 

CBOE Global Markets, Inc

17,225

37,118

 

Cembra Money Bank AG.

2,728

284,571

 

Central Depository Services India Ltd

5,515

1,447,554

 

Chailease Holding Co Ltd

12,697

698,681

 

Challenger Financial Services Group Ltd

3,501

286,164

 

Changjiang Securities Co Ltd

280

3,945,804

 

Charles Schwab Corp

332,671

4,922

e

Chicago Atlantic Real Estate Finance, Inc

87

200,271

 

Chimera Investment Corp

2,411

1,110,000

 

China Bills Finance Corp

685

6,721,574

 

China Cinda Asset Management Co Ltd

1,145

1,132,000

 

China Everbright Ltd

1,114

2,645,459

 

China Galaxy Securities Co Ltd

1,476

45

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

174,250

 

China Galaxy Securities Co Ltd (Class A)

$272

100,700

 

China Great Wall Securities Co Ltd

150

45,600

 

China International Capital Corp Ltd

298

976,937

g

China International Capital Corp Ltd

2,160

304,836

 

China Merchants Securities Co Ltd

692

228,600

e,g

China Renaissance Holdings Ltd

279

111,940

 

Cholamandalam Financial Holdings Ltd

914

444,351

 

Cholamandalam Investment and Finance Co Ltd

4,185

314,722

 

CI Financial Corp

5,000

1,803,965

 

CITIC Securities Co Ltd

4,135

533,916

 

CITIC Securities Co Ltd (Class A)

1,750

476,376

e

CMBC Capital Holdings Ltd

104

172,213

g

CMC Markets plc

576

465,637

 

CME Group, Inc

110,756

128,075

 

Coface S.A.

1,542

51,410

 

Cohen & Steers, Inc

4,416

226,758

 

Coronation Fund Managers Ltd

719

31,497

 

Corp Financiera Alba

1,838

108,262

*

Corp Financiera Colombiana S.A.

806

70,627

e

Cowen Group, Inc

1,914

55,174

e

Creades AB

648

7,610

*,e

Credit Acceptance Corp

4,188

81,924

 

Credit Corp Group Ltd

1,844

179,800

 

Credit Saison Co Ltd

1,908

819,256

e

Credit Suisse Group

6,449

39,140

*

CreditAccess Grameen Ltd

437

14,750

 

CRISIL Ltd

639

179,125

 

CSC Financial Co Ltd

654

1,064,000

 

CSSC Hong Kong Shipping Co Ltd

146

4,158

 

Curo Group Holdings Corp

54

99,298

 

Daishin Securities Co Ltd

1,451

21,494

 

Daishin Securities Co Ltd PF

277

1,513,393

*

Daiwa Securities Group, Inc

8,561

15,278

 

Daou Data Corp

182

22,448

 

Daou Technology, Inc

409

441,707

*

Deutsche Bank AG. (Registered)

5,563

26,218

 

Deutsche Beteiligungs AG.

830

182,217

 

Deutsche Boerse AG.

32,801

381,191

*

Dhani Services Ltd

311

2,633

 

Diamond Hill Investment Group, Inc

493

3,518,000

e

Differ Group Holding Co Ltd

877

776,641

 

Discover Financial Services

85,578

70,051

g

doBank S.p.A

590

123,225

 

Dongxing Securities Co Ltd

189

37,117

*

Donnelley Financial Solutions, Inc

1,235

75,828

*

Draper Esprit plc

766

1,969,111

 

Dubai Financial Market

1,278

29,361

e

Dynex Capital, Inc

476

425,991

 

East Money Information Co Ltd

1,687

283,372

e

ECN Capital Corp

1,512

17,278,605

 

Edelweiss Capital Ltd

13,292

124,747

 

EFG International

961

45,586

 

eGuarantee, Inc

760

700,284

*

Egyptian Financial Group-Hermes Holding

675

5,545

*

Electreon Wireless Ltd

267

518,853

e

Element Financial Corp

5,022

37,049

e

Ellington Financial Inc

658

32,875

*

Encore Capital Group, Inc

2,062

29,450

*

Enova International, Inc

1,118

407,312

 

EQT AB

15,884

2,466,932

 

Equitable Holdings, Inc

76,253

9,892

 

Eurazeo

832

1,049,875

g

Euronext NV

95,379

158,806

 

Everbright Securities Co Ltd

311

46

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

120,387

 

Evercore Inc

$13,401

24,114

 

EXOR NV

1,833

46,880

*

Ezcorp, Inc (Class A)

283

54,528

 

Factset Research Systems, Inc

23,673

762,401

e

Far East Horizon Ltd

681

80,184

 

Federated Investors, Inc (Class B)

2,731

81,161

e

Fiera Capital Corp

678

69,700

 

Financial Products Group Co Ltd

489

107,000

 

FinVolution Group (ADR)

425

224,091

 

First Capital Securities Co Ltd

206

68,684

 

FirstCash Holdings, Inc

4,831

8,465,991

e

FirstRand Ltd

44,685

250,212

*

flatexDEGIRO AG.

5,036

38,783

g

Flow Traders

1,316

172,371

*

Focus Financial Partners, Inc

7,884

350,446

 

Founder Securities Co Ltd

371

30,355

 

Franklin BSP Realty Trust, Inc

424

267,677

 

Franklin Resources, Inc

7,474

6,535,435

 

Fuhwa Financial Holdings Co Ltd

5,987

225,208

*,g

Funding Circle Holdings plc

219

52,900

*,e

Futu Holdings Ltd (ADR)

1,722

32,384

 

Fuyo General Lease Co Ltd

1,846

1,055

 

GAMCO Investors, Inc (Class A)

23

251,967

e

GCM Grosvenor, Inc

2,447

1,251,200

*,e

Gentera SAB de C.V.

1,062

849,236

 

GF Securities Co Ltd

1,196

264,108

 

GF Securities Co Ltd (Class A)

727

24,580

 

Gimv NV

1,479

14,284,000

*,e

Glory Sun Financial Group Ltd

228

40,301

*,e

GMO Financial Holdings, Inc

271

220,187

 

goeasy Ltd

24,707

592,520

 

Goldman Sachs Group, Inc

195,591

4,397,338

*,a

Grab Holdings Ltd.

15,391

47,435

 

Granite Point Mortgage Trust, Inc

527

19,643

 

Great Ajax Corp

230

102,457

*

Green Dot Corp

2,816

3,069

 

Greenhill & Co, Inc

47

33,895

e

GRENKE AG.

942

25,958

 

Groupe Bruxelles Lambert S.A.

2,686

96,708

 

Grupo de Inversiones Suramericana S.A.

913

31,656

 

Gruppo MutuiOnline S.p.A

1,128

80,135

 

Guangzhou Yuexiu Financial Holdings Group Co Ltd

100

62,304

 

Guolian Securities Co Ltd

129

280,049

 

Guosen Securities Co Ltd

437

2,428,800

 

Guotai Junan International Hol

271

379,316

 

Guotai Junan Securities Co Ltd

935

176,654

 

Guoyuan Securities Co Ltd

198

2,845,282

 

Haitong International Securities Group Ltd

509

2,009,173

 

Haitong Securities Co Ltd

1,527

489,112

 

Haitong Securities Co Ltd (Class A)

792

1,264,000

e,g

Haitong UniTrust International Leasing Co Ltd

131

20,079

 

Hamilton Lane, Inc

1,552

61,957

e

Hannon Armstrong Sustainable Infrastructure Capital, Inc

2,939

103,719

 

Hanwha Securities Co

429

71,022

 

Hargreaves Lansdown plc

936

35,171

g

HDFC Asset Management Co Ltd

990

21,986

 

Hithink RoyalFlush Information Network Co Ltd

330

2,902,066

 

Hong Kong Exchanges and Clearing Ltd

136,029

175,000

 

Hotai Finance Co Ltd

720

11,802

 

Houlihan Lokey, Inc

1,036

1,206,540

g

Huatai Securities Co Ltd

1,846

153,334

 

Huatai Securities Co Ltd (Class A)

358

161,200

 

Huaxi Securities Co Ltd

212

90,075

e

HUB24 Ltd

1,820

47

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

34,345

*

Hypoport AG.

$12,965

119,440

g

ICICI Securities Ltd

976

1,231,601

*

IDFC Ltd

996

159,100

e

iFAST Corp Ltd

707

4,863,226

 

IG Group Holdings plc

52,235

104,748

 

IGM Financial, Inc

3,701

42,606

 

IIFL Wealth Management Ltd

935

70,459

*

Illimity Bank S.p.A

918

98,451

 

Impax Asset Management Group plc

1,267

544,508

g

Indian Energy Exchange Ltd

1,602

352,580

 

Industrial Securities Co Ltd

425

134,002

 

Industrivarden AB

3,800

34,102

 

Industrivarden AB

951

339,554

 

IntegraFin Holdings plc

1,878

71,207

e

Interactive Brokers Group, Inc (Class A)

4,693

674,095

 

Intercontinental Exchange Group, Inc

89,061

383,630

 

Intermediate Capital Group plc

8,907

314,715

 

Invesco Ltd

7,257

221,442

e

Invesco Mortgage Capital, Inc

505

330,312

 

Investec Ltd

2,204

807,359

 

Investec plc

5,341

37,994

 

Investment AB Oresund

519

513,346

 

Investor AB

11,945

398,427

 

Investor AB

8,657

751,851

 

IOOF Holdings Ltd

2,066

3,072,038

 

IP Group plc

3,587

121,001

*

Is Yatirim Menkul Degerler AS

159

4,129,356

 

iShares Core MSCI Emerging Markets ETF

229,386

9,390

 

iShares Core S&P 500 ETF

4,260

21,300

e

iShares MSCI ACWI ex US ETF

1,113

1,087,238

e

iShares MSCI Canada Index Fund

43,718

40,150

e

iShares MSCI EAFE Index Fund

2,955

12,800

e

iShares MSCI EAFE Small-Cap ETF

849

19,052

 

iShares MSCI Emerging Markets

860

5,000

 

iShares MSCI Emerging Markets Small-Cap ETF

285

30,854

e

iShares MSCI Japan ETF

1,901

8,897

 

iShares Russell 2000 Index Fund

1,826

231,490

 

Isracard Ltd

1,142

24,025

 

Jaccs Co Ltd

603

8,888

e

Jackson Financial, Inc

393

149,454

*

Jafco Co Ltd

2,278

296,943

 

Janus Henderson Group plc

10,399

108,600

 

Japan Securities Finance Co Ltd

816

201,665

 

Jefferies Financial Group, Inc

6,625

1,348,000

 

Jih Sun Financial Holdings Co Ltd

583

430,325

 

JM Financial Ltd

381

614,500

 

JMT Network Services PCL

1,418

114,240

 

JSE Ltd

874

159,276

g

JTC plc

1,761

92,505

 

Julius Baer Group Ltd

5,356

527,908

 

Jupiter Investment Management Group Ltd

1,433

55,071

*

Kinnevik AB

1,436

19,639

 

KIWOOM Securities Co Ltd

1,588

568,358

 

KKR & Co, Inc

33,232

84,825

 

KKR Real Estate Finance Trust, Inc

1,748

27,262

 

Korea Investment Holdings Co Ltd

1,751

21,991

 

KRUK S.A.

1,627

918,128

 

Krungthai Card PCL

1,690

406,308

 

Kumho Investment Bank

291

958,351

*

L&T Finance Holdings Ltd

1,012

825,285

 

Ladder Capital Corp

9,796

93,091

 

Lazard Ltd (Class A)

3,212

498,966

*

LendingClub Corp

7,874

2,727

*

LendingTree, Inc

326

48

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

10,142

 

Leonteq A.G.

$812

102,200

*,e

LexinFintech Holdings Ltd (ADR)

268

73,354

 

Liontrust Asset Management plc

1,219

505,889

 

London Stock Exchange Group plc

52,754

409,927

 

LPL Financial Holdings, Inc

74,885

419,600

*,e

Lufax Holding Ltd (ADR)

2,337

15,894

 

Lundbergs AB (B Shares)

807

18,000

*

M&A Capital Partners Co Ltd

639

2,253,486

 

M&G plc

6,493

89,113

e

MA Financial Group Ltd

534

406,480

 

Macquarie Group Ltd

61,474

180,559

e

Magellan Financial Group Ltd

2,136

206,939

*

Magma Fincorp Ltd

735

674,544

 

Mahindra & Mahindra Financial Services Ltd

1,406

26,929,070

 

Man Group plc

82,178

565,126

 

Manappuram General Finance & Leasing Ltd

841

37,727

 

MarketAxess Holdings, Inc

12,835

205,700

e

Marui Co Ltd

3,764

11,381

g

MAS Financial Services Ltd

80

149,400

e

Matsui Securities Co Ltd

984

27,791

 

Meritz finance Holdings Co Ltd

930

209,022

 

Meritz Securities Co Ltd

1,123

7,827,380

 

Metro Pacific Investments Corp

573

370,606

 

MFA Financial Inc

1,494

176,761

 

Mirae Asset Daewoo Co Ltd

1,241

469,570

 

Mitsubishi UFJ Lease & Finance Co Ltd

2,182

32,700

 

Mizuho Leasing Co Ltd

795

82,590

 

MLP AG.

662

135,759

 

Moelis & Co

6,374

185,652

*

Monex Group, Inc

983

170,076

 

Moody's Corp

57,385

4,207,346

 

Morgan Stanley

367,722

30,531

 

Morningstar, Inc

8,340

39,542

 

Motilal Oswal Financial Services Ltd

451

83,898

 

MSCI, Inc (Class A)

42,191

680,482

 

Muangthai Capital PCL

1,070

32,065

 

Multi Commodity Exchange of India Ltd

596

78,767

 

Muthoot Finance Ltd

1,377

93,039

 

Nanjing Securities Co Ltd

120

106,965

 

Nasdaq Inc

19,061

132,388

 

Navient Corp

2,256

14,064

 

Nelnet, Inc (Class A)

1,195

269,627

 

Netwealth Group Ltd

2,994

412,132

 

New Residential Investment Corp

4,525

314,899

 

New York Mortgage Trust, Inc

1,149

1,167,700

*

Ngern Tid Lor PCL

1,348

18,149

 

NICE Holdings Co Ltd

253

150,742

 

Ninety One Ltd

506

633,638

 

Ninety One plc

2,121

120,074

g

Nippon Life India Asset Management Ltd

549

26,543

*,e

Noah Holdings Ltd (ADR)

625

3,308,736

*

Nomura Holdings, Inc

13,916

1,208,323

 

Nordnet AB publ

21,631

142,300

 

Northeast Securities Co Ltd

173

17,018

 

Northern Trust Corp

1,982

109,152

 

Numis Corp plc

365

164,093

 

Okasan Holdings, Inc

494

1,540,830

*

Omni Bridgeway Ltd

4,343

182,876

 

OneMain Holdings, Inc

8,670

93,644

 

Onex Corp

6,276

64,606

*

Open Lending Corp

1,222

18,949

*

Oportun Financial Corp

272

8,712

 

Oppenheimer Holdings, Inc

380

93,955

e

Orchid Island Capital, Inc

305

49

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

677,100

e

Orient Corp

$684

254,337

 

Orient Securities Co Ltd

438

2,711,668

 

ORIX Corp

54,050

885,838

 

Osaka Securities Exchange Co Ltd

16,448

6,198,700

*

Pacific Strategic Financial Tbk PT

457

12,681

 

Partners Group

15,702

435,965

 

Pendal Group Ltd

1,503

67,859

 

PennyMac Mortgage Investment Trust

1,146

1,547,842

*

Pensionbee Group plc

2,725

77,569

 

Perpetual Trustees Australia Ltd

2,003

114,701

 

Pinnacle Investment Management Group Ltd

896

120,367

 

Piper Jaffray Cos

15,798

1,885,729

 

Piramal Healthcare Ltd

54,070

5,819

 

PJT Partners, Inc

367

518,959

 

Platinum Asset Mangement Ltd

852

204,376

 

Plus500 Ltd

3,771

89,892

 

Polar Capital Holdings plc

733

57,692

*

PRA Group, Inc

2,601

900,000

 

President Securities Corp

718

154,702

*

PROG Holdings, Inc

4,451

294,369

*

Provident Financial plc

1,186

32,973

 

Pzena Investment Management, Inc (Class A)

264

184,200

*,e

Qudian, Inc (ADR)

217

1,994,587

g

Quilter plc

3,724

1,793,800

 

Ratchthani Leasing PCL

224

133,817

 

Rathbone Brothers

3,481

205,655

 

Ratos AB (B Shares)

1,059

171,408

e

Raymond James Financial, Inc

18,839

226,046

 

Ready Capital Corp

3,404

1,241,798

 

REC Ltd

2,009

331,950

 

Redwood Trust, Inc

3,495

150,253

 

Regional Management Corp

7,298

88,937

 

Reinet Investments S.C.A

1,995

587,666

 

Remgro Ltd

6,025

221,893

g

Resurs Holding AB

651

16,461

 

Ricoh Leasing Co Ltd

448

479,679

 

S&P Global, Inc

196,755

41,060

 

Samsung Securities Co Ltd

1,410

200,291

 

Sanne Group plc

2,405

269,184

 

SBI Cards & Payment Services Ltd

3,008

1,240,838

*

SBI Holdings, Inc

31,307

94,807

 

Schroders plc

3,992

20,810

 

Sculptor Capital Management, Inc

290

284,563

 

SDIC Capital Co Ltd

315

24,539

 

SE Investments Ltd

254

155,891

 

Sealand Securities Co Ltd

92

98,403

 

SEI Investments Co

5,925

207,969

 

Shanxi Securities Co Ltd

185

416,500

e

Sheng Ye Capital Ltd

314

956,844

 

Shenwan Hongyuan Group Co Ltd

658

3,436

*

Shinyoung Securities Co Ltd

169

22,431

 

Shriram City Union Finance Ltd

479

138,893

 

Shriram Transport Finance Co Ltd

2,062

1,098,130

 

SHUAA Capital PSC

184

2,685,644

 

Singapore Exchange Ltd

19,682

151,982

 

Sinolink Securities Co Ltd

229

260,314

 

SLM Corp

4,779

5,964

 

Societe Fonciere Financiere et de Participations FFP

745

16,282

 

Sofina S.A.

5,916

211,935

 

SooChow Securities Co Ltd

249

120,373

 

Southwest Securities Co Ltd

82

17,495

*

Spandana Sphoorty Financial Ltd

76

94,358

 

Sparx Group Co Ltd

211

8,000

 

SPDR S&P 500 ETF Trust

3,613

50

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

29,382

e

Sprott, Inc

$1,473

768,475

*,†,e

SRH NV

9

743,510

 

Srisawad Corp PCL

1,268

451,469

 

St. James's Place plc

8,512

425,306

 

Standard Life Aberdeen plc

1,191

490,222

 

Starwood Property Trust, Inc

11,849

290,473

 

State Street Corp

25,306

244,200

 

StepStone Group, Inc

8,073

93,929

 

Stifel Financial Corp

6,378

17,801

*

StoneX Group, Inc

1,321

10,324

 

Strike Co Ltd

395

589,735

 

Sun Hung Kai & Co Ltd

300

75,348

 

Sundaram Finance Ltd

1,922

72,157

 

Svolder AB

483

10,573

 

Swissquote Group Holding S.A.

1,905

56,006

 

Synchrony Financial

1,950

216,795

 

T Rowe Price Group, Inc

32,777

178,000

 

Taiwan Acceptance Corp

1,401

195,490

 

Tamburi Investment Partners S.p.A.

1,933

13,401

 

Tata Investment Corp Ltd

239

1,025,638

 

Tel Aviv Stock Exchange Ltd

5,252

122,437

 

Tianfeng Securities Co Ltd

67

99,282

 

TMX Group Ltd

10,211

137,780

 

Tokai Tokyo Securities Co Ltd

452

28,010

e

Tokyo Century Corp

1,027

75,667

 

Tong Yang Investment Bank

229

964,472

 

TP Icap Group plc

1,879

52,121

 

TPG RE Finance Trust, Inc

616

95,430

 

Tradeweb Markets, Inc

8,385

698,779

 

Transaction Capital Ltd

2,365

1,120,656

 

Turkiye Sinai Kalkinma Bankasi AS

111

282,221

e

Two Harbors Investment Corp

1,561

6,765,538

 

UBS Group AG

132,207

468,555

e

UBS Group AG

9,156

89,000

*,e

Up Fintech Holding Ltd (ADR)

436

92,788

*,e

Upstart Holdings, Inc

10,122

43,062

 

UTI Asset Management Co Ltd

562

23,900

*

Uzabase, Inc

208

244

 

Value Line, Inc

16

984,011

 

Value Partners Group Ltd

420

25,000

e

Vanguard FTSE Developed Markets ETF

1,201

81,355

 

Virtu Financial, Inc

3,028

945

 

Virtus Investment Partners, Inc

227

97,215

*

VNV Global AB

517

193,963

 

Vontobel Holding AG.

16,311

899,987

e

Voya Financial, Inc

59,714

18,471

 

VZ Holding AG.

1,747

70,056

 

Warsaw Stock Exchange

682

2,734,000

 

Waterland Financial Holdings

1,593

25,700

*,e

WealthNavi, Inc

427

46,417

 

Wendel

4,727

162,503

 

Western Securities Co Ltd

184

46,921

 

WisdomTree Investments, Inc

275

95,662

 

Woori Investment & Securities Co Ltd

895

52,294

*

Woori Technology Investment Co Ltd

397

3,825

*

World Acceptance Corp

734

899,822

*

XP, Inc

27,085

1

*

XP, Inc

0^

41,296

g

X-Trade Brokers Dom Maklerski S.A.

190

1,293,000

*,e,g

Yixin Group Ltd

134

120,465

e

Zenkoku Hosho Co Ltd

4,629

166,191

 

Zheshang Securities Co Ltd

274

330,900

 

Zhongtai Securities Co Ltd

423

51

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,908,434

*,e

Zip Co Ltd

$3,149

 

 

TOTAL DIVERSIFIED FINANCIALS

5,968,991

ENERGY - 4.6%

 

 

 

186,300

*

3R PETROLEUM OLEO E GAS S.A.

1,638

18,885,261

 

Adaro Energy Tbk

3,537

229,619

*

Advantage Energy Ltd

1,600

153,958

 

Aegis Logistics Ltd

415

22,385

*,e

Aemetis, Inc

284

808,233

e

Aker BP ASA

30,146

337,298

*

Aker Solutions ASA

1,160

44,578

 

Aldrees Petroleum and Transport Services Co

921

330,332

*,e

Alto Ingredients, Inc

2,253

3,152

 

Altus Midstream Co

205

246,105

 

Ampol Ltd

5,591

298,111

e

Antero Midstream Corp

3,240

1,026,626

*

Antero Resources Corp

31,343

319,424

 

APA Corp

13,202

828,700

 

ARC Resources Ltd

11,097

41,414

e

Arch Resources, Inc

5,689

221,071

 

Archrock, Inc

2,040

47,388

 

Baker Hughes Co

1,725

1,287,300

 

Bangchak Corp PCL

1,148

6,671,100

 

Banpu PCL (Foreign)

2,200

875,461

*

Baytex Energy Trust

3,817

2,145,687

 

Beach Petroleum Ltd

2,504

56,705

 

Berry Petroleum Co LLC

585

1,054,854

 

Bharat Petroleum Corp Ltd

4,981

321,218

e

Birchcliff Energy Ltd

2,148

32,050

 

Bonanza Creek Energy, Inc

1,914

21,483,907

 

BP plc

105,322

489,600

 

BP plc (ADR)

14,394

91,828

 

Brigham Minerals, Inc

2,346

4,650,000

*,†,a,e

Brightoil Petroleum Holdings Ltd

668

19,359

*

Bristow Group, Inc

718

2,608,900

*

Bumi Armada BHD

253

68,915

*

BW Energy Ltd

210

92,864

g

BW LPG Ltd

634

123,984

 

BW Offshore Ltd

409

1,597,368

 

Cabot Oil & Gas Corp

43,081

26,504

 

Cactus, Inc

1,504

612,885

*,e

Cairn Energy plc

1,770

71,051

 

California Resources Corp

3,178

10,020

*,e

Callon Petroleum Co

592

471,231

 

Cameco Corp (Toronto)

13,724

171,842

e

Canacol Energy Ltd

430

1,520,073

 

Canadian Natural Resources Ltd

94,124

1,750,831

 

Cenovus Energy, Inc (Toronto)

29,186

947,174

*

Centennial Resource Development, Inc

7,644

8,814

*

Centrus Energy Corp

297

760,314

*

CGG S.A.

858

2,270,000

e

CGN Mining Co Ltd

247

468,795

*

ChampionX Corp

11,476

534,916

 

Cheniere Energy, Inc

74,166

177,019

e

Chesapeake Energy Corp

15,401

3,241,070

 

Chevron Corp

527,743

300,803

e

China Aviation Oil Singapore Corp Ltd

203

3,086,000

 

China Coal Energy Co

2,320

2,567,122

 

China Oilfield Services Ltd

2,608

538,476

 

China Shenhua Energy Co Ltd - A

2,520

5,315,455

 

China Shenhua Energy Co Ltd - H

16,920

2,210,000

 

China Suntien Green Energy Cor

1,237

121,227

*,e

Clean Energy Fuels Corp

963

177,856

*

CNX Resources Corp

3,685

52

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,951,568

 

Coal India Ltd

$4,695

118

*,†,b

Cobalt International Energy, Inc

0^

1,000,000

e

Computer Modelling Group Ltd

4,287

79,470

*

Comstock Resources Inc

1,037

4,896,005

 

ConocoPhillips

489,601

28,955

*

CONSOL Energy, Inc

1,090

14,558

e

Continental Resources, Inc

893

1,158,704

 

Cosan SA Industria e Comercio

5,756

407,793

 

COSCO SHIPPING Energy Transportation Co Ltd

411

244,158

 

Cosmo Energy Holdings Co Ltd

5,230

36,853

e

Crescent Energy, Inc

639

1,141,583

 

Crescent Point Energy Corp

8,273

30,561

 

CropEnergies AG.

402

25,660

 

CVR Energy, Inc

655

5,963,001

 

Dana Gas PJSC

1,911

10,920

*

Delek Group Ltd

1,581

56,765

*

Delek US Holdings, Inc

1,205

58,264

*

Denbury, Inc

4,578

921,048

*,e

Denison Mines Corp

1,503

2,499,989

e

Devon Energy Corp

147,824

118,851

 

DHT Holdings, Inc

689

4,743,212

 

Dialog Group BHD

3,084

1,387,320

 

Diamondback Energy, Inc

190,174

2,425,483

 

Diversified Gas & Oil plc

3,776

2,476

*

DMC Global, Inc

76

480,629

 

DNO International ASA

701

24,478

 

Dorian LPG Ltd

355

23,784

*

Drilling Co of 1972

1,300

29,864

*

Dril-Quip, Inc

1,115

85,756

 

DT Midstream, Inc

4,653

18,695

*

Earthstone Energy, Inc

236

7,327,619

 

Ecopetrol S.A.

6,871

454,981

 

Empresas COPEC S.A.

3,759

174,500

 

Enauta Participacoes S.A.

760

2,491,547

 

Enbridge, Inc

114,697

3,371,468

 

ENEOS Holdings, Inc

12,605

107,908

 

Enerflex Ltd

691

133,923

*

Energean plc

2,095

1,168,600

*,†

Energy Earth PCL

0^

149,263

*,e

Energy Fuels, Inc

1,366

178,901

*,e

Energy Fuels, Inc

1,647

1

 

Energy Transfer LP

0^

389,918

 

Enerplus Corp

4,940

2,706,661

 

ENI S.p.A.

39,472

2,814,214

 

EOG Resources, Inc

335,539

1,574,880

 

EQT Corp

54,192

3,555,980

 

Equinor ASA

132,768

24,113

*

Equital Ltd

1,024

357,392

 

Equitrans Midstream Corp

3,016

1,081,300

*

Esso Thailand PCL (Foreign)

258

228,273

 

Euronav NV

2,427

284,832

 

Exxaro Resources Ltd

4,307

4,745,652

 

Exxon Mobil Corp

391,943

82,812

 

Falcon Minerals Corp

558

35,055

 

FLEX LNG Ltd

971

1,381,269

 

Formosa Petrochemical Corp

4,533

139,967

*

Frank's International NV

2,489

430,881

e

Freehold Royalty Trust

4,932

105,323

*,e

Frontline Ltd

927

115,645

*

Frontline Ltd (Sigmax MTF)

1,007

101,022

 

Galp Energia SGPS S.A.

1,277

26,923

 

Gaztransport Et Technigaz S.A.

3,008

168,530

*,e

Gevo, Inc

789

178,639

e

Gibson Energy, Inc

3,574

53

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

382,822

*

Golar LNG Ltd

$9,486

102,419

 

Great Eastern Shipping Co Ltd

466

39,779

*

Green Plains Inc

1,234

113,159

*

Grupa Lotos S.A.

1,574

54,416

 

GS Holdings Corp

1,965

745,186

*

Guanghui Energy Co Ltd

959

923,829

*

Gulf International Services QSC

495

61,790

*

Hafnia Ltd

154

1,497,668

 

Halliburton Co

56,717

507,236

*

Harbour Energy plc

3,207

491,646

*

Headwater Exploration, Inc

2,607

119,378

*

Helix Energy Solutions Group, Inc

571

74,915

 

Hellenic Petroleum S.A.

609

208,422

 

Helmerich & Payne, Inc

8,916

718,535

 

Hess Corp

76,912

32,971

*

HF Sinclair Corp

1,314

4,925

 

HighPeak Energy, Inc

109

761,132

 

Hindustan Petroleum Corp Ltd

2,695

323,007

 

Hunting plc

1,275

38,045

 

Hyundai Robotics Co Ltd

1,678

149,449

 

Idemitsu Kosan Co Ltd

4,120

553,595

 

Imperial Oil Ltd

26,791

2,418,728

 

Indian Oil Corp Ltd

3,774

488,700

 

Indo Tambangraya Megah Tbk PT

970

1,300,200

 

Inner Mongolia Yitai Coal Co

1,407

1,834,134

 

Inpex Holdings, Inc

21,565

35,626

 

International Seaways, Inc

643

14,054,586

 

IRPC PCL (Foreign)

1,497

66,450

 

Itochu Enex Co Ltd

559

57,022

 

Iwatani International Corp

2,403

97,877

 

Japan Petroleum Exploration Co

2,061

1,077,339

*

John Wood Group plc

2,272

670,145

*

Karoon Gas Australia Ltd

1,076

178,214

*

Kelt Exploration Ltd

961

265,586

e

Keyera Corp

6,732

1,794,899

 

Kinder Morgan, Inc

33,942

84,000

 

Koninklijke Vopak NV

2,718

56,710

*

Kosmos Energy Ltd

408

8,254

*

Laredo Petroleum, Inc

653

52,396

*

Liberty Oilfield Services, Inc

777

46,420

e

Lundin Petroleum AB

1,948

16,385

 

Magnolia Oil & Gas Corp

388

1,715,150

 

Marathon Oil Corp

43,067

510,532

 

Marathon Petroleum Corp

43,650

325,855

 

Matador Resources Co

17,264

442,008

*

MEG Energy Corp

6,035

42,600

e

Mitsuuroko Co Ltd

359

17,630

 

Modec, Inc

183

553,995

 

MOL Hungarian Oil & Gas plc

4,868

68,198

 

Motor Oil Hellas Corinth Refineries S.A.

1,059

125,866

 

Murphy Oil Corp

5,084

24,411

*

Nabors Industries Ltd

3,728

41,629

*

Naphtha Israel Petroleum Corp Ltd

334

43,561

*

National Energy Services Reunited Corp

366

270,657

 

Neste Oil Oyj

12,340

24,337

e

New Fortress Energy, Inc

1,037

650,527

e

New Hope Corp Ltd

1,654

79,466

*

Newpark Resources, Inc

291

486,963

*,e

NexGen Energy Ltd

2,758

745,220

*

NexTier Oilfield Solutions, Inc

6,886

131,671

e

Nordic American Tankers Ltd

280

681,306

 

Northern Oil and Gas, Inc

19,206

490,388

 

NOV, Inc

9,617

210,693

*

NuVista Energy Ltd

1,781

54

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,748

 

Oasis Petroleum, Inc

$3,474

777,139

 

Occidental Petroleum Corp

44,095

262,610

*

Oceaneering International, Inc

3,981

746,227

 

Offshore Oil Engineering Co Ltd

501

286,581

 

Oil India Ltd

897

3,905,280

*

Oil Refineries Ltd

1,550

116,284

*

Oil States International, Inc

808

91,730

 

OMV AG.

4,383

466,718

 

ONEOK, Inc

32,964

466,763

 

Ovintiv, Inc

25,238

2,807,595

*,e

Paladin Resources Ltd

1,608

660,075

*,e

Pantheon Resources plc

1,013

188,230

*

Par Pacific Holdings, Inc

2,451

88,065

e

Paramount Resources Ltd (Class A)

2,199

152,579

 

Parex Resources, Inc

3,131

303,258

e

Parkland Corp

8,968

94,980

 

Pason Systems, Inc

1,163

1,358,267

 

Patterson-UTI Energy, Inc

21,026

11,626

*

Paz Oil Co Ltd

1,705

324,869

*

PBF Energy, Inc

7,917

323,602

 

PDC Energy, Inc

23,519

760,904

*

Peabody Energy Corp

18,665

657,866

e

Pembina Pipeline Income Fund

24,717

17,645

*

Penn Virginia Corp

609

847,400

*

Petro Rio S.A.

4,238

539,867

*,e

Petrofac Ltd

739

4,258,995

 

Petroleo Brasileiro S.A.

31,524

11,641,827

 

Petroleo Brasileiro S.A. (Preference)

81,793

384,180

 

Petronas Dagangan BHD

1,866

959,100

 

Petronet LNG Ltd

2,444

199,712

e

Peyto Exploration & Development Corp

2,026

503,205

 

Phillips 66

43,472

899,285

 

Pioneer Natural Resources Co

224,848

361,738

 

Polski Koncern Naftowy Orlen S.A.

6,492

2,269,590

 

Polskie Gornictwo Naftowe i Gazownictwo S.A.

3,336

100,100

*,†

Poseidon Concepts Corp

1

402,703

e

PrairieSky Royalty Ltd

5,570

961,500

 

Prima Marine PCL

172

529,092

*

ProPetro Holding Corp

7,370

10,148,500

 

PT AKR Corporindo Tbk

642

1,800,300

*

PT Indika Energy Tbk

279

7,987,500

*

PT Medco Energi Internasional Tbk

308

5,487,800

 

PT Tambang Batubara Bukit Asam Tbk

1,254

8,365,006

 

PT United Tractors Tbk

14,848

1,910,948

 

PTT Exploration & Production PCL

8,234

2,112,200

 

PTT Exploration & Production PCL (ADR)

9,101

12,329,809

 

PTT PCL

14,209

8,077,600

 

PTT PCL

9,309

614,354

 

Qatar Fuel QSC

3,016

3,031,051

 

Qatar Gas Transport Co Ltd

2,980

280,502

*

Rabigh Refining & Petrochemical Co

2,095

206,401

*

Range Resources Corp

6,270

6,342,784

 

Reliance Industries Ltd

219,381

38,921

*

Renewable Energy Group, Inc

2,361

673,229

 

Repsol YPF S.A.

8,819

4,911

*

Rex American Resources Corp

489

14,530

e

Riley Exploration Permian, Inc

364

84,579

*

RPC, Inc

902

726,238

*,e

Saipem S.p.A

915

60,452

 

San-Ai Oil Co Ltd

463

3,653,998

 

Santos Ltd

21,185

642,251

*

Saras S.p.A.

491

7,454

 

Saudi Arabia Refineries Co

248

3,685,130

g

Saudi Arabian Oil Co

42,271

55

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

183,726

e

SBM Offshore NV

$2,913

1,044,184

 

Schlumberger Ltd

43,135

16,157

 

Schoeller-Bleckmann Oilfield Equipment AG.

869

42,716

 

Scorpio Tankers, Inc

913

370,670

 

Secure Energy Services, Inc

1,583

53,528

*

Select Energy Services, Inc

459

1,954,500

 

Semirara Mining & Power Corp

1,160

1,843,251

*,†

Serba Dinamik Holdings BHD

115

162,487

 

Serica Energy plc

846

50

*,†

Serval Integrated Energy Services

0

271,150

 

SFL Corp Ltd

2,760

776,338

 

Shaanxi Coal Industry Co Ltd

2,013

328,286

 

Shanxi Lu'an Environmental Energy Development Co Ltd

859

368,800

 

Shanxi Xishan Coal & Electricity Power Co Ltd

722

15,700,668

 

Shell plc

430,335

741,800

 

Siamgas & Petrochemicals PCL

274

1,272,000

 

Sinopec Kantons Holdings Ltd

439

10,604

 

SK Discovery Co Ltd

362

2,702

 

SK Gas Co Ltd

256

58,122

*

SK Innovation Co Ltd

10,196

379,027

 

SM Energy Co

14,763

56,004

 

S-Oil Corp

4,444

164,385

 

Solaris Oilfield Infrastructure, Inc

1,856

568,816

*

Southwestern Energy Co

4,078

1,735,500

 

Star Petroleum Refining PCL

504

575,693

 

Subsea 7 S.A.

5,349

2,179,730

 

Suncor Energy, Inc

70,964

29,596

*

Talos Energy, Inc

467

875,558

 

Tamarack Valley Energy Ltd

3,474

340,170

 

Targa Resources Investments, Inc

25,673

1,131,125

e

TC Energy Corp

63,797

129,900

*,e

Technip Energies NV

1,584

35,469

*

Tecnicas Reunidas S.A.

302

60,356

*

Teekay Corp

191

22,330

*

Teekay Tankers Ltd

309

1,569,690

*,e

Tellurian, Inc

8,319

751,317

 

Tenaris S.A.

11,286

377,423

*

Tetra Technologies, Inc

1,551

5,895

 

Texas Pacific Land Corp

7,971

171,237

e

TGS Nopec Geophysical Co ASA

2,544

1,487,160

 

Thai Oil PCL

2,301

315,721

*,e

Thungela Resources Ltd

3,950

34,954

*

Tidewater, Inc

760

255,610

e

Topaz Energy Corp

4,273

18,015

*,e

TORM plc

155

3,630,840

e

Total S.A.

183,719

657,058

 

Tourmaline Oil Corp

30,274

260,655

*

Trican Well Service Ltd

776

1,447,610

*

Tullow Oil plc

1,012

161,231

*

Turkiye Petrol Rafinerileri AS

2,356

813,661

 

Ultrapar Participacoes S.A.

2,418

36,794

*,e

Uranium Energy Corp

169

35,426

*,e

Ur-Energy, Inc

57

62,429

*

US Silica Holdings, Inc

1,165

1,798,294

 

Valero Energy Corp

182,599

339,649

*

Vallourec S.A.

4,345

25,303

 

Verbio AG.

1,946

244,479

 

Vermilion Energy, Inc

5,133

971,754

g

Viva Energy Group Ltd

1,701

89,270

*

W&T Offshore, Inc

341

223,838

 

Washington H Soul Pattinson & Co Ltd

4,774

786

*

Weatherford International Ltd

26

726,172

 

Whitecap Resources, Inc

6,006

1,072,923

 

Whitehaven Coal Ltd

3,332

56

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

33,612

 

 

Whiting Petroleum Corp

$2,740

1,342,180

 

 

Williams Cos, Inc

44,842

1,258,426

 

 

Woodside Petroleum Ltd

30,242

52,089

 

 

World Fuel Services Corp

1,409

381,385

 

 

Worley Ltd

3,684

97,333

 

 

Yantai Jereh Oilfield Services Group Co Ltd

641

1,867,540

 

 

Yanzhou Coal Mining Co Ltd

5,543

217,469

 

 

Yanzhou Coal Mining Co Ltd (Class A)

1,314

630,300

 

 

Yinson Holdings BHD

717

628,570

 

 

Z Energy Ltd

1,634

 

 

 

TOTAL ENERGY

5,903,737

FOOD & STAPLES RETAILING - 1.6%

 

 

 

27,700

 

*,e

111, Inc (ADR)

74

46,234

 

 

Abdullah Al Othaim Markets Co

1,442

581,863

 

e

Aeon Co Ltd

12,407

20,800

 

e

Aeon Hokkaido Corp

191

30,383

 

 

Ain Pharmaciez Inc

1,579

115,548

 

 

Al Meera Consumer Goods Co

613

1,074,189

 

e

Albertsons Cos, Inc

35,717

1,994,366

 

 

Alimentation Couche-Tard, Inc

89,847

107,936

 

 

Andersons, Inc

5,425

42,479

 

 

Arcs Co Ltd

737

565,095

 

 

Atacadao Distribuicao Comercio e Industria Ltd

2,673

181,368

 

*,g

Avenue Supermarts Ltd

9,538

129,364

 

e

Axfood AB

4,213

19,555

 

 

Axial Retailing, Inc

512

12,400

 

e

Belc Co Ltd

551

1,390,812

 

 

Berli Jucker PCL

1,504

9,091

 

 

BGF retail Co Ltd

1,306

378,446

 

 

Bid Corp Ltd

8,236

504,727

 

 

BIM Birlesik Magazalar AS

2,912

234,898

 

*

BJ's Wholesale Club Holdings, Inc

15,881

695,331

 

 

Carrefour S.A.

15,132

34,465

 

e

Casey's General Stores, Inc

6,830

42,057

 

*,e

Casino Guichard Perrachon S.A.

774

13,251

 

 

Cawachi Ltd

244

1,616,849

 

 

Cencosud S.A.

3,185

26,549

 

*

Chefs' Warehouse Holdings, Inc

865

209,200

 

 

Cia Brasileira de Distribuicao

1,061

264,039

 

 

Clicks Group Ltd

5,584

1,383,505

 

 

Coles Group Ltd

18,491

11,237

 

 

Colruyt S.A.

465

1,671,400

 

 

Cosco Capital, Inc

160

13,400

 

e

Cosmos Pharmaceutical Corp

1,624

919,355

 

 

Costco Wholesale Corp

529,411

6,526,416

 

 

CP ALL plc

12,709

7,867,200

 

 

CP Seven Eleven PCL (ADR)

15,327

29,500

 

 

Create SD Holdings Co Ltd

774

5,318

 

 

Daikokutenbussaan Co Ltd

226

36,876

 

 

DaShenLin Pharmaceutical Group Co Ltd

174

152,674

 

*,g

Dino Polska S.A.

12,322

352,404

 

g

Dis-Chem Pharmacies Ltd

919

23,329,213

 

*

Distribuidora Internacional de Alimentacion S.A.

361

35,902

 

 

Dongsuh Co, Inc

808

21,867

 

 

E-Mart Co Ltd

2,525

303,929

 

 

Empire Co Ltd

10,780

1,421,125

 

 

Endeavour Group Ltd

7,731

84,132

 

 

Eurocash S.A.

263

31,400

 

e

Fuji Co Ltd

595

23,800

 

 

G-7 Holdings, Inc

321

7,000

 

 

Genky DrugStores Co Ltd

259

92,148

 

 

George Weston Ltd

11,348

276,565

 

 

GrainCorp Ltd-A

1,750

57

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

78,769

*

Grocery Outlet Holding Corp

$2,582

668,300

e

Grupo Comercial Chedraui S.a. DE C.V.

1,719

1,904,500

*

Grupo Mateus S.A.

2,136

49,159

 

GS Retail Co Ltd

1,143

11,000

 

Halows Co Ltd

273

22,158

 

Heiwado Co Ltd

344

577,261

*

HelloFresh SE

25,910

32,094

*,e

HF Foods Group Inc

214

44,108

 

Hyundai Greenfood Co Ltd

325

23,800

e

Inageya Co Ltd

263

11,635

 

Ingles Markets, Inc (Class A)

1,036

5,570

 

Itochu-Shokuhin Co Ltd

222

406,860

 

J Sainsbury plc

1,347

606,989

 

Jeronimo Martins SGPS S.A.

14,562

12,000

 

JM Holdings Co Ltd

171

19,823

 

Kato Sangyo Co Ltd

513

501,625

 

Kesko Oyj (B Shares)

13,850

29,500

 

Kobe Bussan Co Ltd

908

905,913

 

Koninklijke Ahold Delhaize NV

29,139

749,847

 

Kroger Co

43,019

18,234

 

Kusuri no Aoki Holdings Co Ltd

1,015

501,800

e

La Comer SAB de C.V.

983

9,855

 

Laobaixing Pharmacy Chain JSC

56

12,831

 

Lawson, Inc

491

17,996

 

Life Corp

463

224,290

 

Loblaw Cos Ltd

20,126

5,495

 

M Yochananof & Sons Ltd

361

66,291

*,e

Majestic Wine plc

312

2,358,632

*

Marks & Spencer Group plc

4,761

42,620

 

MARR S.p.A.

704

266,564

*

Massmart Holdings Ltd

837

129,356

 

Matsumotokiyoshi Holdings Co Ltd

4,576

11,600

 

Maxvalu Tokai Co Ltd

244

7,980

*,e

MedAvail Holdings, Inc

8

1,161,457

 

Metcash Ltd

3,932

409,680

 

Metro Wholesale & Food Specialist AG.

3,631

360,511

 

Metro, Inc

20,751

92,198

*

Migros Ticaret AS

287

10,492

 

Natural Grocers by Vitamin C

206

20,708

 

Neighbourly Pharmacy, Inc

483

7,300

 

Nihon Chouzai Co Ltd

79

57,650

e

North West Co, Inc

1,766

515,195

*

Ocado Ltd

7,867

1,104,044

e

Olam Group Ltd

1,426

534,210

*

Performance Food Group Co

27,197

586,341

 

Pick'n Pay Stores Ltd

2,157

624,717

 

President Chain Store Corp

5,730

18,565

 

Pricesmart, Inc

1,464

1,030,500

 

Puregold Price Club, Inc

711

23,600

 

Qol Holdings Co Ltd

224

1,203,335

 

Raia Drogasil S.A.

6,051

8,925

 

Rami Levi Chain Stores Hashikma Marketing Ltd

712

23,712

 

Retail Partners Co Ltd

278

428,955

*,e

Rite Aid Corp

3,753

910,300

 

Robinsons Retail Holdings, Inc

977

14,441

 

Ryoshoku Ltd

356

20,500

 

San-A Co Ltd

694

7,717,615

 

Sendas Distribuidora S.A.

26,406

1,457,163

 

Seven & I Holdings Co Ltd

69,473

863,710

 

Sheng Siong Group Ltd

967

7,111

 

Shoei Foods Corp

237

16,512

*,g

Shop Apotheke Europe NV

1,497

560,380

 

Shoprite Holdings Ltd

9,045

326,499

 

Shufersal Ltd

2,953

58

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

28,352

 

*

Sligro Food Group NV

$689

2,703,488

 

 

SMU S.A.

308

181,498

 

 

Sok Marketler Ticaret AS.

154

933,919

 

 

Sonae SPGS S.A.

1,072

199,335

 

 

Spar Group Ltd

2,315

91,853

 

 

SpartanNash Co

3,030

77,497

 

*

Sprouts Farmers Market, Inc

2,478

42,296

 

 

Sugi Pharmacy Co Ltd

2,093

2,384,000

 

e

Sun Art Retail Group Ltd

862

87,200

 

 

Sundrug Co Ltd

2,124

497,179

 

 

SYSCO Corp

40,595

24,012,988

 

 

Tesco plc

86,934

28,367

 

 

Tsuruha Holdings, Inc

1,801

146,888

 

*

United Natural Foods, Inc

6,074

48,250

 

e

United Super Markets Holdings, Inc

417

313,411

 

*

US Foods Holding Corp

11,794

32,794

 

 

Valor Co Ltd

567

8,208

 

 

Village Super Market (Class A)

201

525,407

 

 

Walgreens Boots Alliance, Inc

23,522

5,905,936

 

e

Wal-Mart de Mexico SAB de C.V.

24,324

3,850,574

 

 

Walmart, Inc

573,427

14,017

 

 

Weis Markets, Inc

1,001

97,060

 

 

Welcia Holdings Co Ltd

2,388

1,315,559

 

 

Woolworths Ltd

36,526

20,500

 

 

Yaoko Co Ltd

1,114

31,759

 

 

Yifeng Pharmacy Chain Co Ltd

200

37,000

 

 

Yokohama Reito Co Ltd

260

3,549,256

 

 

Yonghui Superstores Co Ltd

2,357

10,899

 

*,e

Zur Rose Group AG.

1,598

 

 

 

TOTAL FOOD & STAPLES RETAILING

2,064,524

FOOD, BEVERAGE & TOBACCO - 3.3%

 

 

 

19,427

 

*,e

22nd Century Group, Inc

45

1,195,719

 

*,e

a2 Milk Co Ltd

4,659

218,438

 

 

AAK AB

4,048

113,823

 

 

AG. Barr plc

797

13,236

 

 

Agrana Beteiligungs AG.

240

324,107

 

 

Agthia Group PJSC

402

481,563

 

 

Ajinomoto Co, Inc

13,668

15,073

 

*

Al Jouf Agricultural Development Co

221

284,916

 

 

Almarai Co JSC

3,877

1,895,466

 

 

Altria Group, Inc

99,038

5,279,809

 

 

AMBEV S.A.

17,078

245,576

 

 

Anadolu Efes Biracilik Ve Malt Sanayii AS

449

36,811

 

 

Angel Yeast Co Ltd

241

1,042,256

 

 

Anheuser-Busch InBev S.A.

62,314

120,458

 

 

Anhui Gujing Distillery Co Ltd

1,552

18,214

 

 

Anhui Gujing Distillery Co Ltd (Class A)

490

22,117

 

 

Anhui Kouzi Distillery Co Ltd

187

49,600

 

 

Anhui Yingjia Distillery Co Ltd

421

42,635

 

e

Anora Group Oyj

415

8,359

 

*,e

AppHarvest, Inc

45

127,348

 

 

Archer-Daniels-Midland Co

11,494

22,572

 

 

Ariake Japan Co Ltd

957

2,771,350

 

*

Aryzta AG.

2,825

211,986

 

 

Asahi Breweries Ltd

7,721

61,907

 

*

Aseer Trading Tourism & Manufacturing Co

311

578,268

 

 

Associated British Foods plc

12,562

38,523

 

 

Astral Foods Ltd

400

96,855

 

*,e

Atlantic Sapphire ASA

388

109,481

 

e

Austevoll Seafood ASA

1,693

342,827

 

*

Australian Agricultural Co Ltd

418

54,581

 

 

Avanti Feeds Ltd

295

383,497

 

 

AVI Ltd

1,892

59

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

55,342

e

B&G Foods, Inc (Class A)

$1,493

61,285

 

Bakkafrost P

4,111

165,384

g

Bakkavor Group plc

244

960,740

 

Baladna

381

140,389

 

Balrampur Chini Mills Ltd

902

4,499

 

Barry Callebaut AG.

10,548

519,629

 

Becle SAB de C.V.

1,279

349,039

 

Bega Cheese Ltd

1,249

163,101

 

Beijing Dabeinong Technology Group Co Ltd

223

35,200

 

Beijing Shunxin Agriculture Co Ltd

129

2,855

 

Bell AG.

838

18,869

*,e

Beyond Meat, Inc

912

5,290

 

Binggrae Co Ltd

235

17,447

 

Bombay Burmah Trading Co

197

12,699

 

Bonduelle S.C.A.

232

13,645

*

Boston Beer Co, Inc (Class A)

5,301

736,547

*

BRF S.A.

2,876

120,806

 

Britannia Industries Ltd

5,094

163,400

 

British American Tobacco Malaysia BHD

483

3,007,889

 

British American Tobacco plc

126,323

606,349

 

Britvic plc

6,428

12,965

 

Brown-Forman Corp (Class A)

813

52,443

 

Brown-Forman Corp (Class B)

3,515

1,726,729

g

Budweiser Brewing Co APAC Ltd

4,560

847,474

 

Bunge Ltd

93,909

450,856

*

C&C Group plc

1,161

2,376

 

Calavo Growers, Inc

87

105,800

e

Calbee, Inc

2,040

34,679

 

Cal-Maine Foods, Inc

1,915

107,500

 

Camil Alimentos S.A.

218

47,292

 

Campbell Soup Co

2,108

291,200

 

Carabao Group PCL

942

167,952

 

Carlsberg AS (Class B)

20,618

183,700

 

Carlsberg Brewery-Malay BHD

949

72,803

 

CCL Products India Ltd

385

81,884

*

Celsius Holdings, Inc

4,518

1,509,000

 

Century Pacific Food, Inc

685

27,566

 

Chacha Food Co Ltd

233

177,000

 

Charoen Pokphand Enterprise

501

4,252,831

 

Charoen Pokphand Foods PCL

3,078

3,891,021

g

China Feihe Ltd

3,831

4,375,889

*,†,e

China Huishan Dairy Holdings Co Ltd

6

370,000

*,†

China Huiyuan Juice Group Ltd

0^

3,538,227

 

China Mengniu Dairy Co Ltd

18,970

3,892,000

e

China Modern Dairy Holdings

627

1,651,392

 

China Resources Beer Holdings Company Ltd

10,047

1,067,000

*,g

China Youran Dairy Group Ltd

488

20,327

*

Chongqing Brewery Co Ltd

341

23,304

 

Chongqing Fuling Zhacai Group Co Ltd

119

164,919

 

Cia Cervecerias Unidas S.A.

1,234

8,898

 

CJ CheilJedang Corp

2,697

615,418

 

Cloetta AB

1,679

4,829,931

 

Coca-Cola Co

299,456

3,780

 

Coca-Cola Consolidated Inc

1,878

237,862

*

Coca-Cola European Partners plc (Class A)

11,562

595,203

 

Coca-Cola Femsa SAB de C.V.

3,278

286,985

 

Coca-Cola HBC AG.

5,985

74,592

 

Coca-Cola Icecek AS

595

151,300

 

Coca-Cola West Japan Co Ltd

1,783

1,690,000

 

Cofco International Ltd

582

2,857,000

e

COFCO Meat Holdings Ltd

1,264

439,220

 

ConAgra Brands, Inc

14,745

251,870

 

Constellation Brands, Inc (Class A)

58,011

16,781

 

Corby Spirit and Wine Ltd

233

60

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

550,759

 

Costa Group Holdings Ltd

$1,305

60,982

 

Cranswick plc

2,815

26,344

 

Daesang Corp

504

1,557,820

g

Dali Foods Group Co Ltd

813

513,390

 

Danone

28,361

150,261

*

Darling International, Inc

12,078

3,289,194

 

Davide Campari-Milano NV

38,152

4,344,811

 

Diageo plc

220,388

188,047

*

Distell Group Holdings Ltd

2,226

1,841

 

Dongwon F&B Co Ltd

272

1,500

 

Dongwon Industries Co Ltd

311

9,616

*

Duckhorn Portfolio, Inc

175

9,900

 

Dydo Drinco, Inc

382

1,350,655

 

Eastern Tobacco

886

85,085

 

Ebro Puleva S.A.

1,494

382,949

 

Embotelladora Andina S.A.

848

499,426

 

Embotelladoras Arca SAB de C.V.

3,396

2,605

 

Emmi AG.

2,838

60,715

 

Ezaki Glico Co Ltd

1,853

1,028,479

 

Fevertree Drinks plc

24,014

3,166,000

 

First Pacific Co

1,279

668,200

 

First Resources Ltd

1,007

47,450

 

Flowers Foods, Inc

1,220

2,194,983

e

Fomento Economico Mexicano S.A. de C.V.

18,248

1,098,214

 

Fomento Economico Mexicano SAB de C.V. (ADR)

90,987

32,274

 

ForFarmers NV

122

226,160

 

Foshan Haitian Flavouring & Food Co Ltd

3,106

125,993

 

Fraser & Neave Holdings BHD

629

29,377

 

Fresh Del Monte Produce, Inc

761

41,273

*

Freshpet, Inc

4,236

10,045

 

Fu Jian Anjoy Foods Co Ltd

174

64,227

 

Fuji Oil Co Ltd

1,041

87,800

*

Fujian Sunner Development Co Ltd

273

28,032

e

Fujicco Co Ltd

443

11,382

 

Fujiya Co Ltd

227

173,185

 

Futuris Corp Ltd

1,719

181,986

 

General Mills, Inc

12,324

271,500

 

Genting Plantations BHD

552

365,600

 

GFPT PCL (Foreign)

142

466,909

 

Glanbia plc

5,417

12,015

 

Godfrey Phillips India Ltd

160

14,005,625

 

Golden Agri-Resources Ltd

3,140

690,000

 

Great Wall Enterprise Co

1,299

572,595

*

Greencore Group plc

967

57,937

*

Grieg Seafood ASA

787

239,446

e

Gruma SAB de C.V.

3,011

1,741,041

e

Grupo Bimbo S.A. de C.V. (Series A)

5,257

173,400

e

Grupo Herdez SAB de C.V.

273

395,200

 

Guan Chong Bhd

249

105,645

 

Guangdong Haid Group Co Ltd

912

167,800

 

Guinness Anchor BHD

897

78,272

*

Hain Celestial Group, Inc

2,693

12,517

*

Halwani Brothers Co

289

56,772

 

Harim Holdings Co Ltd

488

259,814

 

Health & Happiness H&H International Holdings Ltd

363

101,447

 

Heilongjiang Agriculture Co Ltd

242

116,662

 

Heineken Holding NV

9,135

795,018

e

Heineken NV

76,027

215,848

 

Henan Shuanghui Investment & Development Co Ltd

986

417,129

 

Hershey Co

90,363

37,838

 

Hite Jinro Co Ltd

1,164

18,900

e

Hokuto Corp

295

69,519

 

Hormel Foods Corp

3,583

397,109

*

Hostess Brands, Inc

8,713

61

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

103,054

*

Hotel Chocolat Group Ltd

$609

73,562

 

House Foods Corp

1,743

353,300

 

Ichitan Group PCL

124

950,927

 

Imperial Tobacco Group plc

20,031

2,327,809

 

Indofood CBP Sukses Makmur Tbk

1,189

398,321

e

Inghams Group Ltd

910

17,065

 

Ingredion, Inc

1,487

423,853

 

Inner Mongolia Yili Industrial Group Co Ltd

2,455

9,135,000

*,†

Inti Agri Resources Tbk PT

0^

2,682,506

 

IOI Corp BHD

2,624

3,275,138

 

ITC Ltd

10,777

36,829

 

Ito En Ltd

1,808

174,500

 

Itoham Yonekyu Holdings, Inc

927

1,787

 

J&J Snack Foods Corp

277

25,915

e

J.M. Smucker Co

3,509

483,430

 

Japan Tobacco, Inc

8,256

3,945,200

 

Japfa Comfeed Indonesia Tbk PT

452

471,742

e

Japfa Ltd

241

818,182

 

JBS S.A.

6,398

79,788

 

JDE Peet's BV

2,289

46,326

 

Jiangsu King's Luck Brewery JSC Ltd

306

98,981

 

Jiangsu Yanghe Brewery Joint-Stock Co Ltd

2,100

106,206

 

Jiangxi Zhengbang Technology Co Ltd

128

11,262

 

JiuGui Liquor Co Ltd

261

26,060

 

John B. Sanfilippo & Son, Inc

2,174

22,346

 

J-Oil Mills, Inc

294

31,264

 

Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd

138

29,701

 

Juewei Food Co Ltd

196

401,694

 

Juhayna Food Industries

159

95,146

 

Kagome Co Ltd

2,431

16,200

e

Kameda Seika Co Ltd

528

44,432

 

Kaveri Seed Co Ltd

319

170,896

 

Kellogg Co

11,021

250,199

 

Kerry Group plc (Class A)

27,983

1,989,866

 

Keurig Dr Pepper, Inc

75,416

118,397

 

Kewpie Corp

2,269

2,723,500

 

Khon Kaen Sugar Industry PCL

306

142,475

 

Kikkoman Corp

9,437

591,053

 

Kirin Brewery Co Ltd

8,828

22,880

 

Kotobuki Spirits Co Ltd

1,213

171,555

 

Kraft Heinz Co

6,758

128,228

 

KT&G Corp

8,531

458,535

 

Kuala Lumpur Kepong BHD

2,748

83,685

 

Kweichow Moutai Co Ltd

22,545

15,525

 

KWS Saat AG.

1,125

13,357

 

La Doria S.p.A

243

3,074

*,e

Laird Superfood, Inc

11

264,669

 

Lamb Weston Holdings, Inc

15,856

4,205

 

Lancaster Colony Corp

627

25,539

*

Landec Corp

296

3,827

e

Lassonde Industries, Inc

437

363,969

 

Leroy Seafood Group ASA

3,339

1,449,300

 

Lien Hwa Industrial Corp

3,234

11,419

 

Limoneira Co

168

1,031

 

Lindt & Spruengli AG.

12,271

121

 

Lindt & Spruengli AG. (Registered)

14,636

3,171

 

Lotte Chilsung Beverage Co Ltd

473

1,233

 

Lotte Confectionery Co Ltd

119

777

 

Lotus Bakeries NV

4,061

96,223

 

Luzhou Laojiao Co Ltd

2,798

246,280

 

M Dias Branco S.A.

1,274

5,792

 

Maeil Dairies Co Ltd

324

97,003

 

Maple Leaf Foods, Inc

2,328

463,700

 

Marfrig Global Foods S.A.

2,084

62

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

583,229

 

Marico Ltd

$3,866

42,200

 

Maruha Nichiro Corp

826

61,700

 

McCormick & Co, Inc

6,158

51,887

 

Megmilk Snow Brand Co Ltd

843

108,722

 

MEIJI Holdings Co Ltd

5,896

145,728

 

Mezzan Holding Co KSCC

278

163,720

e

MGP Ingredients, Inc

14,013

356,900

 

Minerva S.A.

949

27,822

*,e

Mission Produce, Inc

352

13,800

 

Mitsui Sugar Co Ltd

217

163,246

 

Molson Coors Brewing Co (Class B)

8,714

5,050,000

*,g

Monde Nissin Corp

1,337

4,147,161

 

Mondelez International, Inc

260,359

2,502,808

*

Monster Beverage Corp

199,974

45,779

 

Morinaga & Co Ltd

1,427

113,413

 

Morinaga Milk Industry Co Ltd

4,852

440,548

 

Mowi ASA

11,867

343,237

 

Muyuan Foodstuff Co Ltd

3,060

209,000

 

Namchow Chemical Industrial Ltd

354

49,992

*

National Agriculture Development Co

402

2,956

 

National Beverage Corp

129

37,004

 

Nestle India Ltd

8,459

76,514

 

Nestle Malaysia BHD

2,431

3,967,715

 

Nestle S.A.

515,877

311,605

*

New Hope Liuhe Co Ltd

830

285,192

 

Nichirei Corp

5,531

67,397

 

Nippon Flour Mills Co Ltd

918

100,000

 

Nippon Meat Packers, Inc

3,397

350,859

 

Nippon Suisan Kaisha Ltd

1,572

29,222

 

Nisshin Oillio Group Ltd

682

202,378

 

Nisshin Seifun Group, Inc

2,823

92,378

 

Nissin Food Products Co Ltd

6,477

200,568

e

Nissin Foods Co Ltd

140

5,074

 

Nong Shim Co Ltd

1,248

2,011,400

e,g

Nongfu Spring Co Ltd

10,603

14,854

 

Norway Royal Salmon ASA

354

85,069

 

Oceana Group Ltd

332

158,850

 

Origin Enterprises plc

703

18,767

 

Orion Corp

220

24,724

 

Orion Corp/Republic of Korea

1,800

8,314

 

Orior AG.

812

763,060

 

Orkla ASA

6,779

955,317

 

Osotspa PCL

1,073

1,668

 

Ottogi Corp

613

2,401,386

 

PepsiCo, Inc

401,944

375,138

 

Pernod-Ricard S.A.

82,422

602

 

Philip Morris CR

475

2,948,888

 

Philip Morris International, Inc

277,019

105,951

*

Pilgrim's Pride Corp

2,659

15,146

*

Post Holdings, Inc

1,049

691,041

 

PPB Group BHD

2,810

707,612

 

Premier Foods plc

1,060

46,010

e

Premium Brands Holdings Corp

4,025

79,738

 

Prima Meat Packers Ltd

1,436

410,108

 

Primo Water Corp

5,844

184,674

 

Primo Water Corp (Toronto)

2,629

713,500

 

PT Astra Agro Lestari Tbk

622

8,053,918

 

PT Charoen Pokphand Indonesia Tbk

3,168

509,584

 

PT Gudang Garam Tbk

1,120

4,720,509

 

PT Indofood Sukses Makmur Tbk

1,954

2,902,000

 

PT Perusahaan Perkebunan London Sumatra Indonesia Tbk

285

3,164,000

 

PT Sawit Sumbermas Sarana Tbk

235

21,201

 

Pulmuone Co Ltd

293

949,100

 

QL Resources BHD

1,133

63

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

463,300

 

R&B Food Supply PCL

$225

78,776

 

Radico Khaitan Ltd

916

42,185

 

Remy Cointreau S.A.

8,700

35,600

 

Riken Vitamin Co Ltd

489

636,113

*,e

RLX Technology, Inc (ADR)

1,139

112,125

e

Rogers Sugar, Inc

565

103,476

 

Royal Unibrew A.S.

9,667

20,194

 

S Foods, Inc

542

34,855

 

Sakata Seed Corp

1,057

109,112

 

Salmar ASA

8,625

2,747

 

Samlip General Foods Co Ltd

203

3,276

 

Samyang Corp

141

4,391

 

Samyang Foods Co Ltd

336

3,669

 

Samyang Holdings Corp

259

82,634

 

Sanderson Farms, Inc

15,493

212,500

 

Sao Martinho S.A.

1,980

68,386

 

Sapporo Holdings Ltd

1,289

298,932

 

Saputo, Inc

7,080

20,189

*

Saudi Fisheries Co

238

16,377

 

Saudia Dairy & Foodstuff Co

751

292,407

 

Savola Group

2,833

139,261

g

Scandinavian Tobacco Group A.S.

2,970

15,569

 

Schouw & Co

1,344

225

 

Seaboard Corp

946

156,326

 

Select Harvests Ltd

624

5,760

*

Seneca Foods Corp

297

26,531

 

Shanghai Bairun Investment Holding Group Co Ltd

150

81,722

 

Shanxi Xinghuacun Fen Wine Factory Co Ltd

3,267

19,587

e

Showa Sangyo Co Ltd

420

670,501

*

Shree Renuka Sugars Ltd

311

23,001

 

Sichuan Swellfun Co Ltd

297

1,781,678

 

Sime Darby Plantation BHD

2,101

86,501

*

Simply Good Foods Co

3,283

128,370

 

SLC Agricola S.A.

1,343

1,733,171

e,g

Smoore International Holdings Ltd

4,060

14,706

*

Sovos Brands, Inc

209

558,000

 

Standard Foods Corp

966

106,785

 

Strauss Group Ltd

3,181

86,178

 

Suedzucker AG.

1,109

90,318

*,e

SunOpta, Inc

454

59,523

 

Suntory Beverage & Food Ltd

2,269

4,050,652

 

Swedish Match AB

30,461

89,081

*,e

Synlait Milk Ltd

204

231,000

 

Taisun Enterprise Co Ltd

225

522,000

*

Taiwan TEA Corp

355

175,703

 

Takara Holdings, Inc

1,577

221,534

 

Tassal Group Ltd

596

662,545

 

Tata Tea Ltd

6,769

617,025

 

Tate & Lyle plc

5,915

6,727

*,e

Tattooed Chef, Inc

85

3,216,003

 

Thai Union Group PCL

1,824

417,600

 

Thai Vegetable Oil PCL (Foreign)

392

770,800

 

Thaifoods Group PCL

96

191,231

 

Tiger Brands Ltd

2,119

2,235,301

 

Tingyi Cayman Islands Holding Corp

3,748

26,785

 

Toly Bread Co Ltd

85

295,239

 

Tongwei Co Ltd

1,971

14,537

 

Tootsie Roll Industries, Inc

508

136,116

 

Toyo Suisan Kaisha Ltd

4,871

738,193

 

Treasury Wine Estates Ltd

6,377

45,476

*

TreeHouse Foods, Inc

1,467

116,700

*

Tres Tentos Agroindustrial S.A.

241

88,837

 

Triveni Engineering & Industries Ltd

363

595,471

 

Tsingtao Brewery Co Ltd

4,681

64

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

30,993

 

Tsingtao Brewery Co Ltd (Class A)

$384

55,000

 

Ttet Union Corp

302

20,970

 

Turning Point Brands, Inc

713

79,564

 

Tyson Foods, Inc (Class A)

7,131

149,577

 

Ulker Biskuvi Sanayi AS

156

1,019,616

 

Uni-President China Holdings Ltd

885

5,330,384

 

Uni-President Enterprises Corp

12,165

373,640

 

United Malt Grp Ltd

1,055

110,900

 

United Plantations BHD

396

330,877

*

United Spirits Ltd

3,858

20,172

 

Universal Corp

1,171

984,330

 

Universal Robina

2,302

79,539

e

Utz Brands, Inc

1,176

183,498

 

Varun Beverages Ltd

2,273

331,198

 

Vector Group Ltd

3,988

5,681

 

Vilmorin & Cie

278

455,441

 

Vina Concha y Toro S.A.

735

81,194

 

Viscofan S.A.

4,815

1,363

*,e

Vita Coco Co, Inc

12

161,696

*

Vital Farms, Inc

1,999

920,000

e

Vitasoy International Holdings Ltd

1,745

5,458,694

 

Want Want China Holdings Ltd

5,037

297,000

 

Wei Chuan Food Corp

222

456,170

 

Wens Foodstuffs Group Co Ltd

1,581

44,328,109

g

WH Group Ltd

27,836

34,583

*

Whole Earth Brands, Inc

248

2,873,442

 

Wilmar International Ltd

9,951

259,042

 

Wuliangye Yibin Co Ltd

6,289

129,025

 

Yakult Honsha Co Ltd

6,883

197,600

 

Yamazaki Baking Co Ltd

2,430

339,407

e

Yihai International Holding Ltd

964

97,800

 

Yihai Kerry Arawana Holdings Co Ltd

761

85,617

*

Yuan Longping High-tech Agriculture Co Ltd

261

19,100

 

Yukiguni Maitake Co Ltd

179

88,542

*

Zevia PBC

405

849,000

e,g

Zhou Hei Ya International Holdings Co Ltd

463

13,152

 

Zydus Wellness Ltd

260

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

4,188,574

HEALTH CARE EQUIPMENT & SERVICES - 4.7%

 

151,485

*

1Life Healthcare, Inc

1,678

3,436,559

 

Abbott Laboratories

406,751

16,279

*

Abiomed, Inc

5,392

276,949

*

Acadia Healthcare Co, Inc

18,148

77,172

*,e

Accelerate Diagnostics, Inc

111

21,658

*

Accolade, Inc

380

318,342

*

Accuray, Inc

1,054

6,283

*

Acutus Medical, Inc

9

59,582

*

AdaptHealth Corp

955

18,854

*

Addus HomeCare Corp

1,759

221,415

 

Advanced Medical Solutions Group plc

859

183,377

*

AGFA-Gevaert NV

735

22,951

*

Agiliti, Inc

484

166,609

*,e

agilon health, Inc

4,224

318,483

 

Aier Eye Hospital Group Co Ltd

1,575

663

*

AirSculpt Technologies, Inc

9

494,000

e,g

AK Medical Holdings Ltd

292

64,408

 

Al Hammadi Co for Development and Investment

776

889,675

 

Alcon, Inc

70,485

226,500

e

Alfresa Holdings Corp

3,140

254,456

*

Align Technology, Inc

110,943

478,993

*

Alignment Healthcare, Inc

5,379

273,604

*,e

Allscripts Healthcare Solutions, Inc

6,162

155,385

*,e

Alphatec Holdings Inc

1,787

65

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

108,869

g

Ambea AB

$552

168,785

 

Ambu A.S.

2,485

25,966

*

Amedisys, Inc

4,474

157,776

*

American Well Corp

664

108,833

 

AmerisourceBergen Corp

16,838

58,275

*

AMN Healthcare Services, Inc

6,080

324,052

 

Amplifon S.p.A.

14,422

20,306

e

Andlauer Healthcare Group, Inc

808

30,891

*

Angiodynamics, Inc

665

155,559

 

Ansell Ltd

2,983

752,025

 

Anthem, Inc

369,410

209,399

 

Apollo Hospitals Enterprise Ltd

12,427

4,510

*,e

Apollo Medical Holdings, Inc

219

3,001

*

Apyx Medical Corp

20

489,526

 

Arjo AB

4,145

35,144

 

As One Corp

2,074

700,940

 

Asahi Intecc Co Ltd

13,674

33,947

 

Ascom Holding AG.

380

398,819

*,e

Asensus Surgical, Inc

250

16,929

*,e

Aspira Women's Health, Inc

18

128,432

*,g

Aster DM Healthcare Ltd

333

242,163

*

AtriCure, Inc

15,903

166

 

Atrion Corp

118

95,375

*,g

Attendo AB

302

15,368

 

Autobio Diagnostics Co Ltd

116

199,689

*

Avanos Medical, Inc

6,690

101,389

*

Aveanna Healthcare Holdings, Inc

346

6,666

*

AxoGen, Inc

53

206,809

*

Axonics Modulation Technologies, Inc

12,946

18,869

*,e

Bactiguard Holding AB

208

1,628,200

 

Bangkok Chain Hospital PCL

1,009

6,647,671

 

Bangkok Dusit Medical Services PCL

5,054

1,500,000

 

Bangkok Dusit Medical Services PCL (ADR)

1,125

660,770

 

Baxter International, Inc

51,236

200,242

 

Becton Dickinson & Co

53,264

89,500

*,e

Beijing Chunlizhengda Medical Instruments Co Ltd

106

5,102

*,e

Biodesix, Inc

9

255,096

*

BioLife Solutions Inc

5,798

54,629

 

BioMerieux

5,831

14,246

*

Bioventus, Inc

201

29,345

 

BML, Inc

740

4,140,453

*

Boston Scientific Corp

183,381

158,571

*

Brookdale Senior Living, Inc

1,118

339,738

 

Bumrungrad Hospital PCL

1,594

166,343

*,e

Butterfly Network, Inc

792

983,804

 

Cardinal Health, Inc

55,782

90,017

*

Cardiovascular Systems, Inc

2,034

487,700

e

Carenet, Inc

3,405

8,267

 

Carl Zeiss Meditec AG.

1,332

10,588

*

Castle Biosciences, Inc

475

18,182

 

Cellavision AB

602

58,451

 

Celltrion Healthcare Co Ltd

3,114

1,341,790

*

Centene Corp

112,965

215,538

 

Cerner Corp

20,166

99,856

*

Certara, Inc

2,145

71,279

*

Cerus Corp

391

42,922

*

Chabiotech Co Ltd

668

180,687

*

Change Healthcare, Inc

3,939

11,564

 

Chemed Corp

5,858

29,592

 

China National Medicines Corp Ltd

137

874,000

 

China Resources Phoenix Healthcare Holdings Co Ltd

521

4,763,700

 

Chularat Hospital PCL

553

995,882

 

Cigna Corp

238,623

3,873

*,e

ClearPoint Neuro, Inc

40

66

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

959,531

*

Cleopatra Hospital

$262

94,800

 

CM Hospitalar S.A.

319

436,000

e

C-Mer Eye Care Holdings Ltd

254

130,223

 

Cochlear Ltd

21,742

55,674

 

Coloplast AS

8,431

6,384

 

Coltene Holding AG.

718

535,380

*

Community Health Systems, Inc

6,355

32,326

 

CompuGroup Medical SE & Co KgaA

1,970

11,764

*

Computer Programs & Systems, Inc

405

11,807

 

Conmed Corp

1,754

1,959,531

g

ConvaTec Group plc

5,535

1,425

*

Convey Holding Parent, Inc

9

59,634

 

Cooper Cos, Inc

24,903

909

*

Corvel Corp

153

227,183

*

Covetrus, Inc

3,814

48,306

 

Craneware plc

1,060

288,911

*

Cross Country Healthcare, Inc

6,261

7,708

*

CryoLife, Inc

165

37,912

*,e

CryoPort, Inc

1,324

5,228

*,e

Cue Health, Inc

34

144,020

*

Cutera, Inc

9,937

907

*,e

CVRx, Inc

5

284,547

 

CVS Group plc

6,698

1,792,830

 

CVS Health Corp

181,452

122,331

*,e

CYBERDYNE, Inc

362

6,925

*,e

CytoSorbents Corp

22

32,943

 

Dallah Healthcare Co

886

13,922

*,e

DarioHealth Corp

81

51,266

*

DaVita, Inc

5,799

17,857

*

Definitive Healthcare Corp

440

23,806

*

Demant A.S.

1,077

510,971

*,e

dentalcorp Holdings Ltd

6,209

6,681

 

Dentium Co Ltd

394

66,365

 

Dentsply Sirona, Inc

3,266

495,017

*

Dexcom, Inc

253,251

26,089

 

DiaSorin S.p.A.

4,075

10,811

*

DIO Corp

319

39,916

g

Dr Lal PathLabs Ltd

1,367

173,380

 

Dr Sulaiman Al Habib Medical Services Group Co

8,765

11,012

 

Draegerwerk AG.

609

4,081

 

Draegerwerk AG. & Co KGaA

220

18,029

 

Eckert & Ziegler Strahlen- und Medizintechnik AG.

1,150

1,914,853

*

Edwards Lifesciences Corp

225,416

34,800

 

Eiken Chemical Co Ltd

491

50,445

 

El.En. S.p.A

802

40,138

 

Elan Corp

353

436,717

e

Elekta AB (B Shares)

3,440

56,500

 

EM Systems Co Ltd

360

109,231

 

EMIS Group plc

1,907

105,067

 

Encompass Health Corp

7,471

13,846

 

Ensign Group, Inc

1,246

679,919

*

Envista Holdings Corp

33,119

18,134

*

Eoflow Co Ltd

350

154,252

*

Establishment Labs Holdings, Inc

10,395

422,847

*

Evolent Health, Inc

13,658

96,991

e

Extendicare, Inc

609

111,030

 

Fagron NV

2,023

72,256

*,e

Figs, Inc

1,555

709,391

 

Fisher & Paykel Healthcare Corp

11,904

188,100

 

Fleury S.A.

633

4,750

*,e

Forian, Inc

33

547,684

*

Fortis Healthcare Ltd

2,087

251,651

 

Fresenius Medical Care AG.

16,863

88,470

 

Fresenius SE

3,248

67

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

24,351

*,e

Fulgent Genetics, Inc

$1,520

62,067

g

Galenica AG.

4,778

1,169,000

g

Genertec Universal Medical Group Company Limited

766

50,810

 

Getinge AB (B Shares)

2,024

49,000

 

Ginko International Co Ltd

474

5,540

*

Glaukos Corp

320

81,963

*

Globus Medical, Inc

6,047

121,327

 

GN Store Nord

5,947

19,538

 

Guangzhou Kingmed Diagnostics Group Co Ltd

226

432,967

*

Guardant Health, Inc

28,680

6,455

 

Guerbet

189

18,656

*

Haemonetics Corp

1,179

4,611

*

Hanger Inc

85

3,926,198

g

Hapvida Participacoes e Investimentos S.A.

9,764

1,117,482

 

Hartalega Holdings BHD

1,289

593,982

 

HCA Healthcare, Inc

148,864

822,562

 

Healius Ltd

2,682

6,047

*

Health Catalyst, Inc

158

214,784

*

HealthEquity, Inc

14,485

32,427

*

HealthStream, Inc

646

104,673

*

Henry Schein, Inc

9,126

1,228

*

Heska Corp

170

81,142

*,e

HLB Life Science CO Ltd

679

25,298

e

HLS Therapeutics, Inc

308

29,200

 

Hogy Medical Co Ltd

773

69,374

*

Hologic, Inc

5,329

106,100

*

Hospital Mater Dei S.A.

363

615,773

*

Hoya Corp

70,172

68,278

 

Huadong Medicine Co Ltd

358

233,134

 

Humana, Inc

101,453

378,800

e,g

Hygeia Healthcare Holdings Co Ltd

1,453

3,883

*

iCAD, Inc

17

5,769

*

ICU Medical, Inc

1,284

123,504

*

IDEXX Laboratories, Inc

67,564

1,188,889

 

IHH Healthcare BHD

1,748

23,312

*,e

Implantica AG.

130

50,060

*

Inari Medical, Inc

4,537

38,926

*

InfuSystem Holdings, Inc

381

88,785

*

Inmode Ltd

3,277

1,500

*,e

Innovage Holding Corp

10

2,560

*

Inogen, Inc

83

12,679

*

Inspire Medical Systems, Inc

3,255

54,200

 

Instituto Hermes Pardini S.A.

220

60,574

*

Insulet Corp

16,136

12,984

 

Intco Medical Technology Co Ltd

95

50,601

*

Integer Holding Corp

4,077

20,444

*

Integra LifeSciences Holdings Corp

1,314

211,511

 

Integral Diagnostics Ltd

622

81,887

*

Intersect ENT, Inc

2,294

609,986

*,n

Intuitive Surgical, Inc

184,021

138,278

*

Invacare Corp

195

295,432

*,e

Invitae Corp

2,355

24,363

 

Ion Beam Applications

468

8,414

 

iRadimed Corp

377

11,711

*

iRhythm Technologies, Inc

1,844

805,000

 

IVD Medical Holding Ltd

288

27,944

 

Jafron Biomedical Co Ltd

199

75,000

 

Japan Lifeline Co Ltd

627

16,200

e

Japan Medical Dynamic Marketing, Inc

217

46,988

 

Jeol Ltd

2,598

43,350

 

Jiangsu Yuyue Medical Equipment & Supply Co Ltd

189

949,109

*,e,g

Jinxin Fertility Group Ltd

720

30,700

*

JMDC, Inc

1,673

21,469

*

Joint Corp

760

68

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

76,968

 

Jointown Pharmaceutical Group Co Ltd

$161

325,000

e

Kangji Medical Holdings Ltd

319

955,629

 

Koninklijke Philips Electronics NV

29,141

90,034

 

Korian-Medica

2,084

1,216,000

 

Kossan Rubber Industries

567

2,067,100

 

KPJ Healthcare BHD

495

33,449

*,g

Krishna Institute of Medical Sciences Ltd

608

68,376

*

Laboratory Corp of America Holdings

18,028

311,955

*

Lantheus Holdings, Inc

17,254

5,499

 

Le Noble Age

225

2,776

 

LeMaitre Vascular, Inc

129

23,113

 

Lepu Medical Technology Beijing Co Ltd

73

13,874

*

LHC Group, Inc

2,339

3,379,978

 

Life Healthcare Group Holdings Pte Ltd

5,389

22,136

*,e

LifeStance Health Group, Inc

224

4,876,000

*

Lifetech Scientific Corp

1,611

132,299

*

LivaNova plc

10,826

241

*,e

Lucid Diagnostics, Inc

1

117,716

 

M3, Inc

4,251

97,863

 

Mani, Inc

1,167

24,363

*

Masimo Corp

3,546

352,489

*

Max Healthcare Institute Ltd

1,610

163,939

 

McKesson Corp

50,187

9,004

*,g

Medacta Group S.A.

1,074

4,861

*,g

Medartis Holding AG.

651

37,500

 

Medical Data Vision Co Ltd

364

151,531

 

Medicare Group

295

62,232

 

Mediceo Paltac Holdings Co Ltd

1,024

462,175

*

Mediclinic International plc

2,151

13,780

*

Medios AG.

454

23,400

*,e

Medley, Inc

488

29,910

*,g

Medmix AG.

1,046

36,432

*

MEDNAX, Inc

855

160,300

*

MedPeer, Inc

5,168

2,668,345

 

Medtronic plc

296,053

179,508

*

Meinian Onehealth Healthcare Holdings Co Ltd

166

69,484

 

Menicon Co Ltd

1,663

93,686

*

Meridian Bioscience, Inc

2,432

88,574

*

Merit Medical Systems, Inc

5,892

4,188

e

Mesa Laboratories, Inc

1,067

217

 

Metall Zug AG.(B Shares)

498

11,708,300

*

Metro Healthcare Indonesia TBK PT

432

28,465

g

Metropolis Healthcare Ltd

760

632,895

 

Microport Scientific Corp

1,408

38,753

*

Middle East Healthcare Co

333

62,700

 

Miraca Holdings, Inc

1,489

87,378

*,g

MLP Saglik Hizmetleri AS.

180

17,644

*

ModivCare, Inc

2,036

66,856

*

Molina Healthcare, Inc

22,302

149,432

 

Mouwasat Medical Services Co

8,444

240,942

*,e

Multiplan Corp

1,128

22,836

 

Nagaileben Co Ltd

373

137,422

 

Nakanishi, Inc

2,534

298,594

*,e

Nanosonics Ltd

879

42,574

*,e

Nano-X Imaging Ltd

461

16,020

*,e

NantHealth, Inc

12

70,225

*

Narayana Hrudayalaya Ltd

689

10,365

 

National Healthcare Corp

728

24,188

 

National Medical Care Co

533

1,724

 

National Research Corp

68

65,454

*

Natus Medical, Inc

1,720

482,965

*

Neogen Corp

14,895

1,307,059

 

Network Healthcare Holdings Ltd

1,440

2,320

 

Neuca S.A.

458

69

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

6,366

*

Neuronetics, Inc

$19

1,967

*,e

NeuroPace, Inc

16

42,510

*

Nevro Corp

3,075

83,000

*,g

New Horizon Health Ltd

239

217,194

*

NextGen Healthcare, Inc

4,542

209,477

 

Nihon Kohden Corp

5,032

163,252

 

Nipro Corp

1,365

159,379

*,†

NMC Health plc

2

14,098

*,g

NNIT A.S.

199

101,503

*,e

Novocure Ltd

8,410

53,761

*

NuVasive, Inc

3,048

96,452

*,e

Oak Street Health, Inc

2,593

1,024,599

 

Oceania Healthcare Ltd

743

875,780

 

Odontoprev S.A.

2,307

1,460,038

 

Olympus Corp

27,671

113,294

*

Omnicell, Inc

14,670

140,700

*

Oncoclinicas do Brasil Servicos Medicos S.A.

312

4,676

*,e

Ontrak, Inc

11

9,899

*

OptimizeRx Corp

373

954,131

*

Option Care Health, Inc

27,250

67,774

*

OraSure Technologies, Inc

460

130,251

 

Oriola-KD Oyj (B Shares)

271

11,417

 

Orpea

495

579,602

*

Ortho Clinical Diagnostics Holdings plc

10,815

62,250

*

Orthofix Medical Inc

2,036

2,042

*

OrthoPediatrics Corp

110

23,976

Osstem Implant Co Ltd

1,411

5,726

*

Outset Medical, Inc

260

24,066

 

Ovctek China, Inc

138

111,994

 

Owens & Minor, Inc

4,930

706

*,e

Paragon 28, Inc

12

49,244

 

Paramount Bed Holdings Co Ltd

801

365,142

 

Patterson Cos, Inc

11,820

164,959

*,e

PAVmed, Inc

218

28,000

 

Pegavision Corp

490

558,000

*,g

Peijia Medical Ltd

506

3,174

*

Pennant Group, Inc

59

16,964

*

Penumbra, Inc

3,768

45,058

*,e

PetIQ, Inc

1,099

5,168

 

Pharmagest Inter@ctive

494

61,839

*

Phreesia, Inc

1,630

79,000

*,†

Pihsiang Machinery Manufacturing Co Ltd

0^

23,620

 

Poly Medicure Ltd

295

745,225

*,e

PolyNovo Ltd

605

86,148

 

Premier, Inc

3,066

201,035

*

Privia Health Group, Inc

5,374

135,389

e

Pro Medicus Ltd

4,905

899

*

PROCEPT BioRobotics Corp

31

7,969

*

Progyny, Inc

410

460,400

 

PT Siloam International Hospitals Tbk

257

3,741

*,e

Pulmonx Corp

93

2,546

*,e

Pulse Biosciences, Inc

12

300,500

 

Qualicorp S.A.

1,012

89,227

 

Quest Diagnostics, Inc

12,212

11,662

*

Quidel Corp

1,312

20,914

*

Quotient Ltd

25

486,950

*

R1 RCM, Inc

13,031

16,145

*

RadNet, Inc

361

1,677,999

 

Raffles Medical Group Ltd

1,445

171,699

 

Ramsay Health Care Ltd

8,315

370,100

g

Rede D'Or Sao Luiz S.A.

3,879

63,984

*

Renalytix AI plc

227

51,754

 

Resmed, Inc

12,551

3,727

*,e

Retractable Technologies, Inc

18

70

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

28,746

*

Revenio Group Oyj

$1,506

1,000,800

 

Riverstone Holdings Ltd

731

2,475

*,e

RxSight, Inc

31

264,698

 

Ryman Healthcare Ltd

1,713

34,205

 

Sartorius AG.

15,096

41,639

 

Saudi Chemical Co

383

45,855

*

Schrodinger, Inc

1,565

39,809

 

SD Biosensor, Inc

1,833

17,186

*

SeaSpine Holdings Corp

209

163,629

 

Sectra AB

2,499

72,838

*,e

Sedana Medical AB

522

620,220

 

Select Medical Holdings Corp

14,879

1,090,407

*,e

Senseonics Holdings, Inc

2,148

1,747,082

 

Shandong Weigao Group Medical Polymer Co Ltd

1,856

86,932

 

Shanghai Pharmaceuticals Holding Co Ltd - A

336

640,927

 

Shanghai Pharmaceuticals Holding Co Ltd - H

1,231

2,690

*

Sharps Compliance Corp

16

50,822

 

Shenzhen Mindray Bio-Medical Electronics Co Ltd

2,456

45,400

 

Shenzhen New Industries Biomedical Engineering Co Ltd

243

230,936

 

Ship Healthcare Holdings, Inc

3,741

36,493

*

Shockwave Medical Inc

7,567

56,252

*

SI-BONE, Inc

1,271

452,537

g

Siemens Healthineers AG.

28,044

70,502

e

Sienna Senior Living, Inc

863

152,850

*,e

Sientra, Inc

339

4,689

*

Sight Sciences, Inc

54

1,016,691

 

Sigma Healthcare Ltd

392

55,080

*

Signify Health, Inc

1,000

4,228

*

Silk Road Medical Inc

175

1,995

 

Simulations Plus, Inc

102

921,787

 

Sinopharm Group Co

2,092

267,600

g

Sisram Medical Ltd

306

1,555,214

 

Smith & Nephew plc

24,735

16,963

*,e

SOC Telemed, Inc

51

71,100

 

Solasto Corp

572

501,429

 

Sonic Healthcare Ltd

13,239

65,188

 

Sonova Holdings AG

27,231

341,204

*,g

Spire Healthcare Group plc

1,089

499,100

 

Sri Trang Gloves Thailand PCL

379

47,000

 

St. Shine Optical Co Ltd

469

44,217

*

Staar Surgical Co

3,533

45,466

*

Stereotaxis, Inc

170

124,308

 

STERIS plc

30,054

9,539

 

STRATEC Biomedical AG.

1,063

15,570

 

Straumann Holding AG.

24,860

375,861

 

Stryker Corp

100,486

8,874

 

Suheung Capsule Co Ltd

294

351,022

 

Summerset Group Holdings Ltd

2,849

1,567,401

 

Supermax Corp BHD

440

237,285

*

Surgery Partners, Inc

13,063

37,600

*

Surgical Science Sweden AB

806

1,801

*

SurModics, Inc

82

110,800

 

Suzuken Co Ltd

3,282

83,641

*

Synlab AG.

1,474

274,813

 

Sysmex Corp

19,904

2,648

*,e

Tabula Rasa HealthCare, Inc

15

17,077

*

Tactile Systems Technology, Inc

344

56,000

 

TaiDoc Technology Corp

399

21,055

*

Talis Biomedical Corp

30

145,132

*

Tandem Diabetes Care, Inc

16,877

107,898

*,e

Teladoc, Inc

7,783

14,999

 

Teleflex, Inc

5,322

431,710

*

Tenet Healthcare Corp

37,110

1,061,756

 

Terumo Corp

32,127

71

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

851,880

 

Thonburi Healthcare Group PCL

$2,133

19,177

g

Thyrocare Technologies Ltd

195

17,615

*

Tivity Health, Inc

567

149,130

e

Toho Pharmaceutical Co Ltd

2,252

27,209

 

Tokai Corp (GIFU)

383

3,684,086

 

Top Glove Corp BHD

1,682

12,080

*

Topchoice Medical Corp

271

38,996

*

Transmedics Group, Inc

1,051

35,237

*

Treace Medical Concepts, Inc

666

269,178

 

Uniphar plc

1,123

2,045,443

 

UnitedHealth Group, Inc

1,043,115

52,741

 

Universal Health Services, Inc (Class B)

7,645

38,000

 

Universal Vision Biotechnology Co Ltd

369

1,683

 

US Physical Therapy, Inc

167

2,769

 

Utah Medical Products, Inc

249

7,833

 

Value Added Technologies Co Ltd

258

3,288

*,e

Vapotherm, Inc

46

30,719

*

Varex Imaging Corp

654

247,132

*

Veeva Systems, Inc

52,506

157,500

*,e,g

Venus MedTech Hangzhou, Inc

321

31,843

*,e

Viemed Healthcare, Inc

159

869,102

*

ViewRay, Inc

3,407

145,982

*,e

Vimian Group AB

895

210,019

*,e

Well Health Technologies Corp

875

107,572

 

Winning Health Technology Group Co Ltd

158

182,619

*

Xvivo Perfusion AB

5,206

4,127

 

Ypsomed Holding AG.

725

700,124

 

Zimmer Biomet Holdings, Inc

89,546

54,225

*

Zimvie, Inc

1,238

4,052

e

Zynex Inc

25

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

5,961,627

HOUSEHOLD & PERSONAL PRODUCTS - 1.3%

 

10,331

 

Aekyung Industrial Co Ltd

157

240,093

 

Amorepacific Corp

31,474

111,399

 

Bajaj Corp Ltd

239

97,281

*

Beauty Health Co

1,642

294,277

 

Beiersdorf AG.

30,915

250,442

*,e

BellRing Brands, Inc

5,780

3,007,620

*,†,e

Best World International Ltd

1,509

17,894

 

Blackmores Ltd

1,005

371,062

 

BWX Ltd

620

74,997

 

By-health Co Ltd

250

39,940

 

C&S Paper Co Ltd

75

9,210

*

Central Garden & Pet Co

405

43,584

*

Central Garden and Pet Co (Class A)

1,777

57,000

 

Chlitina Holding Ltd

402

224,285

 

Church & Dwight Co, Inc

22,289

46,626

 

Clorox Co

6,482

872,559

 

Colgate-Palmolive Co

66,166

131,811

 

Colgate-Palmolive India Ltd

2,677

8,513

 

Cosmax, Inc

582

83,676

*

Coty, Inc

752

679,849

 

Dabur India Ltd

4,794

19,430

 

Earth Chemical Co Ltd

885

46,619

 

Edgewell Personal Care Co

1,710

755,582

*

elf Beauty, Inc

19,517

256,456

 

Emami Ltd

1,507

70,627

 

Energizer Holdings, Inc

2,173

305,388

 

Essity AB

7,207

679,418

 

Estee Lauder Cos (Class A)

185,019

127,400

*,e

Euglena Co Ltd

852

173,184

e

Fancl Corp

3,858

9,437

 

Gillette India Ltd

603

72

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

397,709

*

Godrej Consumer Products Ltd

$3,905

166,000

 

Grape King Industrial Co

848

714,136

 

Hengan International Group Co Ltd

3,291

115,850

 

Henkel KGaA

7,647

178,233

 

Henkel KGaA (Preference)

11,929

27,580

*

Herbalife Nutrition Ltd

837

912,527

 

Hindustan Lever Ltd

24,551

313,076

*,e

Honest Co, Inc

1,631

42,376

*

Hyundai Bioscience Co Ltd

1,014

10,566,600

 

Industri Jamu Dan Farmasi Sido Muncul Tbk PT

750

30,246

 

Inter Parfums S.A.

1,820

2,300

 

Inter Parfums, Inc

203

48,322

e,g

Jamieson Wellness, Inc

1,347

143,997

 

Jyothy Laboratories Ltd

280

524,469

 

Kao Corp

21,414

225,571

 

Kimberly-Clark Corp

27,781

1,493,718

e

Kimberly-Clark de Mexico S.A. de C.V. (Class A)

2,101

66,890

e

Kitanotatsujin Corp

122

12,660

 

Kobayashi Pharmaceutical Co Ltd

1,014

11,849

 

Kolmar BNH Co Ltd

317

13,483

 

Kolmar Korea Co Ltd

481

26,668

 

Kose Corp

2,790

10,418

 

LG Household & Health Care Ltd

7,349

2,454

 

LG Household & Health Care Ltd (Preference)

1,023

179,850

 

Lion Corp

2,004

390,915

 

L'Oreal S.A.

156,149

41,072

 

Mandom Corp

440

24,510

 

Medifast, Inc

4,186

308,000

*

Microbio Co Ltd

656

48,498

 

Milbon Co Ltd

2,173

986,064

*

Natura & Co Holding S.A.

5,395

9,189

*

Nature's Sunshine Products, Inc

155

74,285

*

NewAge, Inc

43

18,800

 

Noevir Holdings Co Ltd

759

58,579

 

Nu Skin Enterprises, Inc (Class A)

2,805

4,726

 

Oil-Dri Corp of America

135

74,593

*

Olaplex Holdings, Inc

1,166

76,573

*,e

Ontex Group NV

559

31,558

 

Pacific Corp

1,136

6,768

 

Pharmanutra S.p.A

470

140,300

 

Pigeon Corp

2,467

75,055

 

Pola Orbis Holdings, Inc

977

4,000

*,e

Premier Anti-Aging Co Ltd

121

4,054,909

 

Procter & Gamble Co

619,590

4,198

 

Proya Cosmetics Co Ltd

124

8,831,610

 

PT Unilever Indonesia Tbk

2,246

492,499

 

PZ Cussons plc

1,261

1,076,752

 

Reckitt Benckiser Group plc

82,141

7,909

*

Revlon, Inc (Class A)

64

44,447

 

Reynolds Consumer Products, Inc

1,304

110,545

 

Rohto Pharmaceutical Co Ltd

3,337

52,123

 

Sarantis S.A.

413

35,553

 

Shanghai Jahwa United Co Ltd

193

824,726

 

Shiseido Co Ltd

41,656

174,199

 

Spectrum Brands Holdings, Inc

15,455

122,000

 

TCI Co Ltd

805

308

*

Thorne HealthTech, Inc

2

653,999

 

Uni-Charm Corp

23,496

8,316

 

Unilever plc

376

2,810,416

 

Unilever plc

127,601

6,140

*

USANA Health Sciences, Inc

488

394,537

*,e

Veru, Inc

1,906

426,536

e

Vinda International Holdings Ltd

965

1,738

 

WD-40 Co

318

73

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

 

VALUE

SHARES

 

COMPANY

 

 

(000)

33,500

e

YA-MAN Ltd

 

 

$314

83,600

*,e

Yatsen Holding Ltd (ADR)

 

57

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

1,633,676

INSURANCE - 2.6%

 

 

 

 

 

45,040

 

Admiral Group plc

 

 

1,510

404,810

 

Aegon NV

 

 

2,146

678,587

 

Aflac, Inc

 

 

43,694

40,047

e

Ageas

 

 

2,024

15,258,922

 

AIA Group Ltd

 

 

159,332

17,961

*

Al Rajhi Co for Co-operative Insurance

405

13,557

*

Alleghany Corp

 

 

11,483

297,828

 

Allianz AG.

 

 

71,124

435,069

 

Allstate Corp

 

 

60,261

1,054,033

 

Alm Brand AS

 

 

1,804

114,009

*

AMBAC Financial Group, Inc

 

1,186

171,556

 

American Equity Investment Life Holding Co

6,847

96,821

 

American Financial Group, Inc

 

14,099

3,851,516

 

American International Group, Inc

241,760

6,334

 

American National Group, Inc

 

1,198

16,660

 

Amerisafe, Inc

 

 

827

240,409

 

Anadolu Sigorta

 

 

88

90,800

 

Anicom Holdings, Inc

 

 

481

230,579

 

Aon plc

 

 

75,083

346,443

*

Arch Capital Group Ltd

 

 

16,775

26,311

 

Argo Group International Holdings Ltd

1,086

188,015

 

Arthur J. Gallagher & Co

 

 

32,827

230,533

 

ASR Nederland NV

 

 

10,763

477,618

e

Assicurazioni Generali S.p.A.

 

10,924

53,280

 

Assurant, Inc

 

 

9,688

64,778

 

Assured Guaranty Ltd

 

 

4,124

86,089

 

AUB Group Ltd

 

 

1,461

4,966,049

 

Aviva plc

 

 

29,384

2,109,189

 

AXA S.A.

 

 

61,745

152,134

 

Axis Capital Holdings Ltd

 

9,200

10,622

 

Baloise Holding AG.

 

 

1,897

1,158,100

 

Bangkok Life Assurance PCL

 

1,506

706,100

*

Bangkok Life Assurance PCL (ADR)

918

758,346

 

BB Seguridade Participacoes S.A.

4,071

2,797,559

 

Beazley plc

 

 

15,382

1,152,545

*,e

Bright Health Group, Inc

 

 

2,224

72,701

*

Brighthouse Financial, Inc

 

3,756

10,181

 

Brookfield Asset Management Reinsurance Partners Ltd

581

284,856

 

Brown & Brown, Inc

 

 

20,587

187,529

*

BRP Group, Inc

 

 

5,031

65,608

 

Bupa Arabia for Cooperative Insurance Co

3,130

8,966,807

 

Cathay Financial Holding Co Ltd

20,015

18,572,435

 

China Development Financial Holding Corp

12,327

2,028,732

 

China Insurance International Holdings Co Ltd

2,461

8,656,790

 

China Life Insurance Co Ltd

 

13,189

194,975

 

China Life Insurance Co Ltd (Class A)

803

510,000

 

China Pacific Insurance

Group

Co Ltd - A

1,834

3,085,209

 

China Pacific Insurance

Group

Co Ltd - H

7,465

1,490,196

 

Chubb Ltd

 

 

318,753

138,035

 

Cincinnati Financial Corp

 

18,767

45,715

*,e

Citizens, Inc (Class A)

 

 

194

69,796

*

Clal Insurance

 

 

1,638

26,182

 

CNA Financial Corp

 

 

1,273

36,039

 

CNP Assurances

 

 

868

62,913

 

Co for Cooperative Insurance

 

1,202

185,079

 

Conseco, Inc

 

 

4,644

3,630,000

*,†,a,e

Convoy Global Holdings Ltd

 

5

23,317

 

Crawford & Co

 

 

176

1,113,962

 

Dai-ichi Mutual Life Insurance Co

22,637

74

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

390,800

*

Dhipaya Group Holdings PCL

$673

1,612,993

 

Direct Line Insurance Group plc

5,812

465,252

*

Discovery Holdings Ltd

5,795

12,869

 

Donegal Group, Inc (Class A)

173

51,023

 

Dongbu Insurance Co Ltd

2,938

17,067

*

eHealth, Inc

212

23,668

 

Employers Holdings, Inc

971

10,498

*

Enstar Group Ltd

2,742

24,952

 

Erie Indemnity Co (Class A)

4,395

221,136

 

Everest Re Group Ltd

66,646

31,627

 

Fairfax Financial Holdings Ltd

17,254

40,500

e

Fanhua, Inc (ADR)

295

249,102

 

Fidelity National Financial Inc

12,166

118,203

 

First American Financial Corp

7,662

8,693,124

 

Fubon Financial Holding Co Ltd

23,082

436,507

*

Genworth Financial, Inc (Class A)

1,650

214,116

e

Gjensidige Forsikring BA

5,309

175,858

 

Globe Life, Inc

17,691

60,096

*,e

GoHealth, Inc

71

12,725

 

Goosehead Insurance, Inc

1,000

353,744

 

Great-West Lifeco, Inc

10,424

28,641

*

Greenlight Capital Re Ltd (Class A)

202

48,952

 

Grupo Catalana Occidente S.A.

1,503

12,746

 

Hannover Rueckversicherung AG.

2,165

33,440

 

Hanover Insurance Group, Inc

5,000

1,485,680

 

Hanwha Life Insurance Co Ltd

3,839

226,525

 

Harel Insurance Investments & Finances Ltd

2,762

998,104

 

Hartford Financial Services Group, Inc

71,674

5,076

 

HCI Group, Inc

346

1,005,802

g

HDFC Life Insurance Co Ltd

7,116

45,067

 

Helvetia Holding AG.

5,884

292,250

 

Heritage Insurance Holdings, Inc

2,087

411,044

 

Hiscox Ltd

5,301

36,033

 

Horace Mann Educators Corp

1,507

161,711

 

Hyundai Marine & Fire Insurance Co Ltd

4,272

135,956

 

iA Financial Corp, Inc

8,266

245,503

g

ICICI Lombard General Insurance Co Ltd

4,283

402,608

g

ICICI Prudential Life Insurance Co Ltd

2,646

10,220

 

IDI Insurance Co Ltd

347

3,341,753

 

Insurance Australia Group Ltd

10,937

220,317

 

Intact Financial Corp

32,554

832

 

Investors Title Co

169

967,500

*

IRB Brasil Resseguros S

711

26,691

 

James River Group Holdings Ltd

660

2,243,100

 

Japan Post Holdings Co Ltd

16,474

144,900

 

Japan Post Insurance Co Ltd

2,523

1,266,861

*

Just Retirement Group plc

1,455

56,239

 

Kemper Corp

3,180

25,939

 

Kinsale Capital Group, Inc

5,915

92,135

 

Korean Reinsurance Co

744

287,278

 

Lancashire Holdings Ltd

1,620

5,113,910

 

Legal & General Group plc

18,131

35,002

*,e

Lemonade, Inc

923

66,100

*

Lifenet Insurance Co

301

168,815

 

Lincoln National Corp

11,034

769,758

 

Linea Directa Aseguradora S.A. Cia de Seguros y Reaseguros

1,185

195,173

 

Loews Corp

12,651

70,038

*,e

Maiden Holdings Ltd

169

2,448,196

 

Manulife Financial Corp

52,209

1,268,858

 

Mapfre S.A.

2,654

12,423

*

Markel Corp

18,327

1,543,172

 

Marsh & McLennan Cos, Inc

262,987

271,798

*

Max Financial Services Ltd

2,695

42,105

*

MBIA, Inc

648

75

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

4,314,489

 

Medibank Pvt Ltd

$9,913

24,562

*

Menorah Mivtachim Holdings Ltd

606

335,000

 

Mercuries & Associates Holding Ltd

247

4,503,801

*

Mercuries Life Insurance Co Lt

1,313

25,162

 

Mercury General Corp

1,384

31,939

 

Meritz Fire & Marine Insurance Co Ltd

1,243

1,386,874

 

Metlife, Inc

97,469

46,061

*

MetroMile, Inc

61

343,918

 

Migdal Insurance Holdings Ltd

613

53,433

 

Mirae Asset Life Insurance Co Ltd

177

1,251,006

e

Momentum Metropolitan Holdings

1,482

326,126

 

MS&AD Insurance Group Holdings Inc

10,589

59,335

 

Muenchener Rueckver AG.

15,863

2,147

 

National Western Life Group, Inc

452

164,165

 

New China Life Insurance Co Ltd - A

910

1,136,965

 

New China Life insurance Co Ltd - H

3,154

10,473

*

NI Holdings, Inc

178

556,364

 

nib holdings Ltd

2,641

291,622

 

NN Group NV

14,779

5,468,397

 

Old Mutual Ltd

5,146

364,338

 

Old Republic International Corp

9,425

3,047

*

Palomar Holdings, Inc

195

11,129,388

 

People's Insurance Co Group of China Ltd

3,631

632,715

 

People's Insurance Co Group of China Ltd (Class A)

455

923,745

 

Phoenix Group Holdings plc

7,401

177,078

 

Phoenix Holdings Ltd

2,324

8,245,556

 

PICC Property & Casualty Co Ltd

8,396

8,914,976

 

Ping An Insurance Group Co of China Ltd

62,325

1,778,235

 

Ping An Insurance Group Co of China Ltd (Class A)

13,504

554,007

g

Poste Italiane S.p.A

6,283

703,485

 

Power Corp Of Canada

21,777

661,945

 

Powszechny Zaklad Ubezpieczen S.A.

5,299

34,619

 

Primerica, Inc

4,737

239,059

 

Principal Financial Group

17,549

45,076

 

ProAssurance Corp

1,212

629,729

 

Progressive Corp

71,783

88,516

 

Protector Forsikring ASA

1,223

924,243

 

Prudential Financial, Inc

109,218

1,599,172

 

Prudential plc

23,609

14,952,900

*

PT Panin Life Tbk

179

1,931,674

 

Qatar Insurance Co SAQ

1,278

2,016,742

 

QBE Insurance Group Ltd

17,294

195,400

e

Qualitas Controladora SAB de C.V.

1,120

486,842

 

Rand Merchant Investment Holdings Ltd

1,739

62,950

 

Reinsurance Group of America, Inc (Class A)

6,890

66,067

 

RenaissanceRe Holdings Ltd

10,472

7,207

 

RLI Corp

797

314,657

g

Sabre Insurance Group plc

956

12,290

 

Safety Insurance Group, Inc

1,117

137,711

*

Saga plc

420

298,385

 

Sampo Oyj (A Shares)

14,580

35,100

 

Samsung Fire & Marine Insurance Co Ltd

6,321

77,152

 

Samsung Life Insurance Co Ltd

4,178

2,077,989

 

Sanlam Ltd

10,230

48,921

 

Santam Ltd

968

503,265

g

SBI Life Insurance Co Ltd

7,415

189,838

 

SCOR SE

6,104

61,163

 

Selective Insurance Group, Inc

5,466

184,036

*

Selectquote, Inc

513

14,124,866

 

Shin Kong Financial Holding Co Ltd

5,287

211,000

 

Shinkong Insurance Co Ltd

403

72,933

*

SiriusPoint Ltd

546

59,142

*,e

Societa Cattolica di Assicurazioni SCRL

394

988,620

 

Sompo Holdings, Inc

43,440

76

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,551,027

 

Steadfast Group Ltd

$5,523

22,507

 

Stewart Information Services Corp

1,364

546,496

e

Storebrand ASA

5,464

333,400

 

Sul America S.A.

2,407

738,147

e

Sun Life Financial, Inc

41,213

1,407,652

 

Suncorp-Metway Ltd

11,669

21,337

 

Swiss Life Holding

13,673

81,488

e

Swiss Re Ltd

7,757

254,000

 

Syarikat Takaful Malaysia BHD

219

1,561,565

 

T&D Holdings, Inc

21,203

34,823

 

Tiptree Inc

447

502,199

 

Tokio Marine Holdings, Inc

29,225

53,554

 

Tongyang Life Insurance Co Ltd

291

91,840

 

Topdanmark AS

5,141

730,200

 

TQM Corp PCL

878

222,961

 

Travelers Cos, Inc

40,742

17,114

*

Trean Insurance Group, Inc

80

44,611

*

Trisura Group Ltd

1,226

4,640

*

Trupanion, Inc

414

83,972

 

Tryg A.S.

2,042

389,929

 

Unipol Gruppo Finanziario S.p.A

2,139

187,241

 

Uniqa Versicherungen AG.

1,485

18,251

 

United Fire Group Inc

567

20,214

 

United Insurance Holdings Corp

67

24,598

 

Universal Insurance Holdings, Inc

332

190,042

 

Unum Group

5,988

47,107

 

Vienna Insurance Group AG Wiener Versicherung Gruppe

1,222

403,862

 

W.R. Berkley Corp

26,893

4,636

 

White Mountains Insurance Group Ltd

5,268

291,538

 

Willis Towers Watson plc

68,867

29,089

 

Wuestenrot & Wuerttembergische AG.

585

354,005

*,e,g

ZhongAn Online P&C Insurance Co Ltd

1,185

403,756

 

Zurich Insurance Group AG

199,415

 

 

TOTAL INSURANCE

3,339,344

MATERIALS - 4.9%

 

 

 

335,049

*

29Metals Ltd

687

242,039

 

Aarti Industries

3,038

188,195

 

Acerinox S.A.

2,061

78,838

 

ADEKA Corp

1,732

411,263

 

Adelaide Brighton Ltd

923

45,110

 

Advanced Enzyme Technologies Ltd

167

140,692

 

Advanced Petrochemical Co

2,633

23,011

 

AdvanSix, Inc

1,176

110,529

 

Aeci Ltd

885

114,193

e

African Rainbow Minerals Ltd

2,236

609,445

 

Agnico-Eagle Mines Ltd

37,294

11,800

 

Aichi Steel Corp

232

623,981

 

Air Liquide

109,162

93,681

 

Air Products & Chemicals, Inc

23,412

223,400

 

Air Water, Inc

3,137

14,570

e

AirBoss of America Corp

415

7,443

 

Akzo Nobel India Ltd

187

265,000

 

Akzo Nobel NV

22,769

484,544

 

Alamos Gold, Inc

4,070

87,000

 

Albemarle Corp

19,240

287,019

 

Alcoa Corp

25,840

447,307

*

Alkane Resources Ltd

384

15,267

 

Alkyl Amines Chemicals

572

150,738

*

Allegheny Technologies, Inc

4,046

689,834

*

Allkem Ltd

5,822

47,444

 

Altius Minerals Corp

915

78,384

 

Altri SGPS S.A.

523

33,196

 

Alujain Corp

569

77

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

3,001,343

 

Alumina Ltd

$4,506

4,711,964

*

Aluminum Corp of China Ltd

2,727

929,287

*

Aluminum Corp of China Ltd (Class A)

844

762,404

 

Ambuja Cements Ltd

2,995

123,484

 

Amcor plc

1,399

117,585

 

American Vanguard Corp

2,389

37,163

 

AMG Advanced Metallurgical Group NV

1,597

211,275

*,e

Amyris, Inc

921

59,345

 

Anglo American Platinum Ltd

8,149

1,517,807

 

Anglo American plc

78,869

458,808

 

AngloGold Ashanti Ltd

10,887

735,791

e

AngloGold Ashanti Ltd (ADR)

17,431

850,565

 

Anhui Conch Cement Co Ltd

4,350

176,145

 

Anhui Conch Cement Co Ltd (Class A)

1,092

22,900

 

Anhui Honglu Steel Construction Group Co Ltd

152

406,276

 

Antofagasta plc

8,828

137,512

 

APERAM

6,078

124,981

*

APL Apollo Tubes Ltd

1,500

4,437

 

Aptargroup, Inc

521

48,290

 

Arabian Cement Co

550

755,839

 

ArcelorMittal

24,213

106,745

*

Arconic Corp

2,735

21,277

†,e

Ardagh Group S.A.

432

99,978

*

Ardagh Metal Packaging S.A.

813

373,786

*

Argonaut Gold, Inc

733

63,091

 

Arkema

7,542

70,534

e

Asahi Holdings, Inc

1,304

899,340

 

Asahi Kasei Corp

7,779

35,777

 

Ashland Global Holdings, Inc

3,521

491,500

 

Asia Cement China Holdings Corp

315

1,470,044

 

Asia Cement Corp

2,482

438,000

 

Asia Polymer

571

425,668

 

Asian Paints Ltd

17,224

16,730

*

Aspen Aerogels, Inc

577

84,137

*

Associated Cement Co Ltd

2,374

96,270

 

Atalaya Mining plc

512

17,889

 

Atul Ltd

2,419

37,783

 

Aurubis AG.

4,498

99,273

*,e

Australian Strategic Materials Ltd

559

105,456

 

Avery Dennison Corp

18,346

345,573

 

Avient Corp

16,588

3,056,195

*

AVZ Minerals Ltd

2,782

690,830

*

Axalta Coating Systems Ltd

16,981

87,606

*

Aya Gold & Silver, Inc

625

1,268,358

 

B2Gold Corp

5,824

11,430

 

Balaji Amines Ltd

435

37,581

 

Balchem Corp

5,137

554,171

 

Ball Corp

49,875

1,639,985

 

Baoshan Iron & Steel Co Ltd

1,740

2,452,311

 

Barrick Gold Corp

60,143

320,659

 

Barrick Gold Corp

7,866

10,963

 

BASF India Ltd

445

971,898

 

BASF SE

55,457

13,765

 

Bayer CropScience Ltd

901

759,600

 

BBMG Corp

365

31,700

 

Beijing Easpring Material Technology Co Ltd

373

38,060

 

Bekaert S.A.

1,489

1,061,769

*

Bellevue Gold Ltd

763

255,244

 

Berger Paints India Ltd

2,352

2,874,600

*

Berkah Beton Sadaya Tbk PT

841

97,758

*

Berry Global Group, Inc

5,666

6,765,761

e

BHP Billiton Ltd

260,803

417,233

 

Billerud AB

6,183

4,000

*,†,e

Bio On S.p.A.

0^

78

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

26,685

 

Birla Corp Ltd

$414

725,800

 

BlueScope Steel Ltd

11,286

420,502

 

Boliden AB

21,212

1,195,315

 

Boral Ltd

3,083

115,961

 

Borregaard ASA

2,289

445,122

 

Boubyan Petrochemicals Co KSCP

1,464

325,300

 

Bradespar S.A.

2,260

213,700

 

Braskem S.A.

1,988

1,889,612

 

Breedon Group plc

2,013

91,944

 

Brickworks Ltd

1,670

216,560

 

Buzzi Unicem S.p.A.

4,007

7,479

 

Cabot Corp

512

265,278

*

Calibre Mining Corp

316

156,855

*

Calix Ltd

867

73,831

*

Canfor Corp

1,521

172,467

 

CAP S.A.

2,674

350,184

*

Capricorn Metals Ltd

1,073

371,675

*,e

Capstone Copper Corp

2,102

126,513

 

Carborundum Universal Ltd

1,325

40,973

 

Carpenter Technology Corp

1,720

104,623

e

Cascades, Inc

1,073

529,037

 

Castrol India Ltd

702

182,440

 

CCL Industries

8,231

108,228

 

Celanese Corp (Series A)

15,463

55,461

 

Cementir Holding NV

419

714,963

 

Cementos Argos S.A.

1,181

16,773,230

*,e

Cemex S.A. de C.V.

9,015

1,410,483

 

Centamin plc

1,682

267,826

 

Centerra Gold, Inc

2,633

210,342

 

Central Asia Metals plc

658

41,337

*

Century Aluminum Co

1,088

147,000

 

Century Iron & Steel Industrial Co Ltd

565

55,987

 

Century Plyboards India Ltd

526

91,983

 

Century Textile & Industries Ltd

1,030

248,640

 

CF Industries Holdings, Inc

25,625

386,493

*

Chalice Gold Mines Ltd

2,035

226,521

 

Chambal Fertilizers & Chemicals Ltd

1,254

406,403

 

Champion Iron Ltd

2,373

5,088

 

Chase Corp

442

290,802

 

Chemours Co

9,154

43,063

*

Chemplast Sanmar Ltd

376

953,000

 

Cheng Loong Corp

1,159

196,900

 

Chengtun Mining Group Co Ltd

264

59,100

*

Chengxin Lithium Group Co Ltd

469

465,000

 

Chia Hsin Cement Corp

338

137,562

*

Chifeng Jilong Gold Mining Co Ltd

393

6,100,000

 

China BlueChemical Ltd

2,081

406,000

 

China General Plastics Corp

493

2,653,105

 

China Hongqiao Group Ltd

3,486

153,729

 

China Jushi Co Ltd

367

1,117,000

 

China Manmade Fibers Corp

360

328,000

 

China Metal Products

391

70,000

 

China Minmetals Rare Earth Co Ltd

320

3,853,614

 

China Molybdenum Co Ltd

1,981

1,153,644

 

China Molybdenum Co Ltd (Class A)

940

2,834,276

 

China National Building Material Co Ltd

3,486

262,529

 

China Northern Rare Earth Group High-Tech Co Ltd

1,589

1,444,000

 

China Oriental Group Co Ltd

409

3,912,000

 

China Petrochemical Development Corp

1,644

1,874,248

 

China Resources Cement Holdings Ltd

1,554

178,000

 

China Steel Chemical Corp

720

13,228,181

 

China Steel Corp

17,835

2,208,000

 

China XLX Fertiliser Ltd

2,130

4,462,240

*,†,e

China Zhongwang Holdings Ltd

6

79

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

108,477

 

Chr Hansen Holding A/S

$7,965

46,678

 

Chugoku Marine Paints Ltd

345

380,000

 

Chun Yuan Steel

319

4,872

 

Chunbo Co Ltd

1,342

1,144,000

 

Chung Hung Steel Corp

1,816

409,000

 

Chung Hwa Pulp Corp

317

143,600

*

Cia Brasileira de Aluminio

605

240,322

*,e

Cia de Minas Buenaventura S.A. (ADR) (Series B)

2,420

47,600

 

Cia Ferro Ligas da Bahia - FERBASA

476

736,550

 

Cia Siderurgica Nacional S.A.

4,027

66,289

 

Ciech S.A.

679

68,374

 

City Cement Co

504

369,453

 

Clariant AG.

6,411

24,616

*

Clean Science & Technology Ltd

641

14,578

*

Clearwater Paper Corp

409

776,974

*

Cleveland-Cliffs, Inc

25,026

15,300

 

CNGR Advanced Material Co Ltd

284

148,400

 

CNNC Hua Yuan Titanium Dioxide Co Ltd

228

91,837

*

Coeur Mining, Inc

409

363,077

 

Commercial Metals Co

15,111

86,132

*

Companhia Vale do Rio Doce

9

4,300

 

Compass Minerals International, Inc

270

543,331

*

Constellium SE

9,780

72,215

 

Corbion NV

2,471

146,721

 

Coromandel International Ltd

1,543

2,718,366

g

Coronado Global Resources, Inc

4,069

1,997,454

 

Corteva, Inc

114,814

53,786

 

Corticeira Amorim SGPS S.A.

596

229,983

g

Covestro AG.

11,581

686,000

 

CPMC Holdings Ltd

362

1,268,806

 

CRH plc

50,606

144,635

 

Croda International plc

14,879

2,591,576

 

Crown Holdings, Inc

324,180

584,594

 

CSR Ltd

2,672

2,758,900

 

D&L Industries Inc

425

313,400

 

Daicel Chemical Industries Ltd

2,089

29,031

 

Daido Steel Co Ltd

873

29,300

 

Daiken Corp

519

33,100

e

Daiki Aluminium Industry Co Ltd

423

102,499

 

Daio Paper Corp

1,324

104,016

 

Dalmia Bharat Ltd

2,041

11,937

*,e

Danimer Scientific, Inc

70

1,300,149

*

De Grey Mining Ltd

1,131

52,439

 

Deepak Fertilizers & Petrochemicals Corp Ltd

385

98,052

 

Deepak Nitrite Ltd

2,881

96,349

 

Denki Kagaku Kogyo KK

2,669

506,920

 

Deterra Royalties Ltd

1,825

373,300

 

Dexco S.A.

1,151

92,601

 

DIC Corp

1,892

79,439

*

Diversey Holdings Ltd

601

58,300

 

Do-Fluoride New Materials Co Ltd

358

20,111

 

Dongbu Steel Co Ltd

185

40,634

 

Dongjin Semichem Co Ltd

1,300

77,085

 

Dongkuk Steel Mill Co Ltd

1,052

4,955

*

Dongwha Enterprise Co Ltd

322

5,309

 

Dongwon Systems Corp

256

1,695,000

 

Dongyue Group

2,296

836,236

 

Dow, Inc

53,285

55,579

 

Dowa Holdings Co Ltd

2,540

506,423

 

DRDGOLD Ltd

476

2,388,629

 

DS Smith plc

10,046

182,193

 

DSM NV

32,593

231,612

 

Dundee Precious Metals, Inc

1,382

3,396,127

 

DuPont de Nemours, Inc

249,887

80

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

13,187

 

Eagle Materials, Inc

$1,693

960,500

 

Eastern Polymer Group PCL

273

41,653

 

Eastern Province Cement Co

544

137,850

 

Eastman Chemical Co

15,447

323,614

 

Ecolab, Inc

57,137

22,018

 

Ecopro Co Ltd

1,642

71,824

 

EID Parry India Ltd

427

211,546

*

Eldorado Gold Corp

2,369

410,021

 

Element Solutions, Inc

8,979

709,971

*

Elementis plc

1,099

270,136

g

Elkem ASA

1,153

155,600

*,e

Elopak ASA

264

1,244,308

 

Empresas CMPC S.A.

2,304

7,340

 

EMS-Chemie Holding AG.

7,133

206,539

*

Ence Energia y Celulosa S.A.

726

195,756

*

Endeavour Silver Corp

908

307,294

*

Equinox Gold Corp

2,537

27,761

e

Eramet

4,533

1,523,429

 

Eregli Demir ve Celik Fabrikalari TAS

3,340

79,777

*

ERO Copper Corp

1,168

122,091

 

Essel Propack Ltd

311

368,677

 

Essentra plc

1,518

1,043,000

 

Eternal Chemical Co Ltd

1,315

2,311,057

*

Eurasia Mining plc

364

398,000

 

Everlight Chemical Industrial Corp

358

1,884,100

 

Evolution Mining Ltd

6,218

214,931

 

Evonik Industries AG.

5,963

523,000

 

Feng Hsin Iron & Steel Co

1,757

359,479

 

Ferrexpo plc

873

95,133

*

Ferro Corp

2,068

202,348

*,†

Ferroglobe plc

0

7,294

 

Fine Organic Industries Ltd

384

259,880

 

Finolex Industries Ltd

527

123,000

 

First Copper Technology Co Ltd

189

252,734

e

First Majestic Silver Corp

3,322

741,146

 

First Quantum Minerals Ltd

25,658

81,106

 

FMC Corp

10,671

61,892

 

Foosung Co Ltd

994

3,952,139

 

Formosa Chemicals & Fibre Corp

10,847

4,312,019

 

Formosa Plastics Corp

15,948

289,257

g

Forterra plc

883

1,761,073

 

Fortescue Metals Group Ltd

27,071

333,131

*,e

Fortuna Silver Mines, Inc

1,266

56,720

 

FP Corp

1,352

229,114

 

Franco-Nevada Corp

36,460

1,726,265

 

Freeport-McMoRan, Inc (Class B)

85,864

73,779

 

FUCHS PETROLUB SE

2,677

1,502,000

 

Fufeng Group Ltd

592

49,877

 

Fuji Seal International, Inc

682

21,675

 

Fujimi, Inc

1,181

18,230

 

Fujimori Kogyo Co Ltd

556

6,923,876

 

Fushan International Energy Group Ltd

2,702

23,900

 

Fuso Chemical Co Ltd

878

255,395

 

FutureFuel Corp

2,485

11,151

 

Galaxy Surfactants Ltd

420

294,000

g

Ganfeng Lithium Co Ltd

4,136

73,543

 

Ganfeng Lithium Co Ltd

1,444

12,022

*,e

Gatos Silver, Inc

52

56,427

*

GCP Applied Technologies, Inc

1,773

348,979

 

GEM Co Ltd

458

1,265,410

 

Gerdau S.A. (Preference)

8,189

11,891

 

Givaudan S.A.

49,145

39,704

 

Glatfelter Corp

492

17,131,350

 

Glencore Xstrata plc

111,469

81

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

266,850

*

GoGold Resources, Inc

$625

984,965

 

Gold Fields Ltd

15,253

1,044,038

 

Gold Road Resources Ltd

1,275

1,070,000

 

Goldsun Development & Construction Co Ltd

1,103

1,124,000

 

Grand Pacific Petrochemical

1,062

129,537

 

Granges AB

1,270

1,057,290

 

Graphic Packaging Holding Co

21,188

296,544

 

Grasim Industries Ltd

6,479

605,755

*,†

Great Basin Gold Ltd

5

4,586,353

*

Greatland Gold plc

807

812,000

 

Greatview Aseptic Packaging Co

229

19,065

 

Greif, Inc (Class A)

1,240

4,658

 

Greif, Inc (Class B)

297

8,450

 

Groupe Guillin

192

95,666

*

Grupa Azoty S.A.

971

332,391

 

Grupo Argos S.A.

1,223

238,000

e

Grupo Cementos de Chihuahua SAB de C.V.

1,716

3,441,638

e

Grupo Mexico S.A. de C.V. (Series B)

20,591

65,362

 

Guangzhou Tinci Materials Technology Co Ltd

960

48,791

*

Gubre Fabrikalari TAS

265

24,770

 

Gujarat Fluorochemicals Ltd

892

89,485

 

Gujarat Narmada Valley Fertilizers Co Ltd

991

190,513

 

Gujarat State Fertilisers & Chemicals Ltd

404

358

e

Gurit Holding AG.

573

36,839

 

H.B. Fuller Co

2,434

43,500

 

Hangzhou Oxygen Plant Group Co Ltd

196

25,394

 

Hanil Cement Co Ltd

439

11,016

 

Hansol Chemical Co Ltd

2,210

136,370

*

Hanwha Chemical Corp

4,019

603,773

 

Harmony Gold Mining Co Ltd

3,028

7,972

 

Hawkins, Inc

366

11,241

 

Haynes International, Inc

479

1,115,890

 

Hecla Mining Co

7,331

832,664

 

HeidelbergCement AG.

47,191

67,346

 

HeidelbergCement India Ltd

168

391,592

*

Hektas Ticaret TAS

471

372,969

 

Hengli Petrochemical Co Ltd

1,216

259,494

 

Hengyi Petrochemical Co Ltd

347

1,370,916

 

Hesteel Co Ltd

513

333,039

 

Hexpol AB

3,251

87,417

 

Hill & Smith Holdings plc

1,683

1,763,725

 

Hindalco Industries Ltd

13,158

156,290

*

Hitachi Metals Ltd

2,615

418,303

 

Hochschild Mining plc

702

158,329

 

Hokuetsu Paper Mills Ltd

898

113,304

 

Holcim Ltd

5,511

115,617

e

Holmen AB

6,454

19,806

 

Honam Petrochemical Corp

3,399

32,200

 

Hoshine Silicon Industry Co Ltd

528

318,000

 

Hsin Kuang Steel Co Ltd

746

1,082,000

e

Huabao International Holdings Ltd

597

321,600

 

Huafon Chemical Co Ltd

459

56,601

 

Huaxin Cement Co Ltd

176

82,700

 

Hubei Xingfa Chemicals Group Co Ltd

431

18,192

 

Huchems Fine Chemical Corp

337

267,475

e

HudBay Minerals, Inc

2,101

117,966

 

Huhtamaki Oyj

4,104

177,267

*,e

Humble Group AB

352

587,811

 

Hunan Valin Steel Co Ltd

507

353,014

 

Huntsman Corp

13,242

3,323

 

Hyosung Advanced Materials Corp

1,412

1,906

*

Hyosung Chemical Corp

422

3,426

 

Hyosung TNC Co Ltd

1,301

23,095

 

Hyundai Development Co

134

82

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

94,098

 

Hyundai Steel Co

$3,196

573,319

*

IAMGOLD Corp

1,990

517,763

g

Ibstock plc

1,188

626,803

 

Iluka Resources Ltd

5,272

58,875

 

IMCD Group NV

10,044

481,749

 

Imdex Ltd

976

41,110

 

Imerys S.A.

1,764

901,803

 

Impala Platinum Holdings Ltd

13,881

2,316,534

 

Incitec Pivot Ltd

6,557

822,797

 

Independence Group NL

8,601

191,505

 

India Cements Ltd

526

9,864

*

Indigo Paints Ltd

208

1,797,704

 

Indorama Ventures PCL

2,503

132,311

e

Industrias Penoles S.A. de C.V.

1,672

72,161

*

Ingevity Corp

4,623

3,142,018

*

Inner Mongolia BaoTou Steel Union Co Ltd

1,098

 

 

Inner Mongolia Junzheng Energy & Chemical Industry Group

 

583,988

 

Co Ltd

421

258,100

*

Inner Mongolia Yuan Xing Energy Co Ltd

396

77,507

 

Innospec, Inc

7,173

130,213

 

Interfor Corp

3,622

685,000

 

International CSRC Investment Holdings Co

665

482,467

 

International Flavors & Fragrances, Inc

63,362

49,384

 

International Paper Co

2,279

65,927

 

Intertape Polymer Group, Inc

2,093

8,177

*

Intrepid Potash, Inc

672

1,808,731

*

ioneer Ltd

925

920,847

 

Israel Chemicals Ltd

10,947

7,833

*

Israel Corp Ltd

4,531

926,550

*

Ivanhoe Mines Ltd

8,642

463,258

 

James Hardie Industries NV

13,897

51,674

*

Jastrzebska Spolka Weglowa S.A.

947

21,700

 

JCU Corp

732

416,420

 

JFE Holdings, Inc

5,827

13,300

 

Jiangsu Yangnong Chemical Co Ltd

252

32,600

 

Jiangsu Yoke Technology Co Ltd

262

1,372,115

 

Jiangxi Copper Co Ltd

2,270

142,809

 

Jiangxi Copper Co Ltd (Class A)

430

3,210,000

 

Jinchuan Group International Resources Co Ltd

463

91,947

*

Jindal Stainless Hisar Ltd

470

860,847

 

Jindal Steel & Power Ltd

5,999

42,142

 

JK Cement Ltd

1,347

58,589

 

JK Lakshmi Cement Ltd

366

204,452

 

Johnson Matthey plc

5,000

246,734

*

JSL Ltd

656

14,007

 

JSP Corp

176

228,664

 

JSR Corp

6,734

940,600

 

JSW Steel Ltd

9,036

71,665

 

Jubilant Ingrevia Ltd

421

380,614

*

K&S AG.

11,451

267,076

*

K92 Mining, Inc

1,953

11,697

 

Kaiser Aluminum Corp

1,101

58,815

 

Kaneka Corp

1,699

172,600

 

Kansai Nerolac Paints Ltd

1,063

129,594

 

Kansai Paint Co Ltd

2,080

117,100

 

Kanto Denka Kogyo Co Ltd

1,028

761,844

*

Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS (Class D)

788

5,401

 

KCC Corp

1,507

18,100

 

KeePer Technical Laboratory Co Ltd

364

130,719

e

Kemira Oyj

1,710

148,774

 

KGHM Polska Miedz S.A.

6,042

41,700

 

KH Neochem Co Ltd

936

133,425

 

Kingfa Sci & Tech Co Ltd

204

1,490,159

 

Kinross Gold Corp

8,749

83

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

776,938

 

Klabin S.A.

$3,936

659,900

 

Kobe Steel Ltd

3,174

32,823

 

Kolon Industries, Inc

1,701

32,058

 

Konishi Co Ltd

409

18,309

 

Koppers Holdings, Inc

504

12,369

 

Korea Kumho Petrochemical

1,568

3,679

 

Korea Petrochemical Ind Co Ltd

504

9,414

 

Korea Zinc Co Ltd

4,531

38,990

*

Koza Altin Isletmeleri AS

381

193,030

*

Koza Anadolu Metal Madencilik Isletmeleri AS

340

32,424

 

Kronos Worldwide, Inc

503

84,197

*

Kuk-il Paper Manufacturing Co Ltd

247

69,195

e

Kumba Iron Ore Ltd

3,074

91,148

 

Kumiai Chemical Industry Co Ltd

657

367,100

 

Kuraray Co Ltd

3,160

18,200

 

Kureha CORP

1,451

22,716

 

Kyoei Steel Ltd

248

65,348

e

Labrador Iron Ore Royalty Corp

2,196

1,087,660

 

Lanxess AG.

47,746

42,805

*

Largo, Inc

542

72,320

 

Laxmi Organic Industries Ltd

377

1,809,927

 

Lee & Man Paper Manufacturing Ltd

939

16,296

e

Lenzing AG.

1,662

100,661

 

LG Chem Ltd

43,985

8,638

 

LG Chem Ltd (Preference)

1,938

24,982

 

Linde India Ltd

1,242

615,542

 

Linde plc

196,623

408,067

 

Linde plc (Xetra)

130,211

51,600

 

Lintec Corp

1,023

1,993,782

*

Liontown Resources Ltd

2,777

129,168

*

Lithium Americas Corp

4,977

19,683

*

Livent Corp

513

173,154

 

Lomon Billions Group Co Ltd

628

616,000

 

Long Chen Paper Co Ltd

456

1,793,176

g

Lotte Chemical Titan Holding BHD

951

210,145

 

Louisiana-Pacific Corp

13,054

84,004

*

Lundin Gold, Inc

702

790,462

 

Lundin Mining Corp

8,011

163,500

 

Luxi Chemical Group Co Ltd

459

1,089,675

*

Lynas Corp Ltd

8,687

189,956

 

LyondellBasell Industries NV

19,531

156,518

*

Madras Cements Ltd

1,578

20,933

 

Maeda Kosen Co Ltd

549

99,066

*,e

MAG. Silver Corp

1,604

27,338

*,e

Marrone Bio Innovations, Inc

30

240,888

 

Marshalls plc

2,141

20,353

 

Martin Marietta Materials, Inc

7,834

55,100

 

Maruichi Steel Tube Ltd

1,242

121,159

 

Materion Corp

10,388

102,624

e

Maverix Metals, Inc

492

12,500,477

*

Merdeka Copper Gold Tbk PT

3,927

4,807,008

 

Mesaieed Petrochemical Holding Co

3,841

1,497,800

 

Metalurgica Gerdau S.A.

3,857

77,945

 

Methanex Corp

4,250

256,679

 

Mineral Resources Ltd

10,118

28,215

 

Minerals Technologies, Inc

1,866

18,295

 

Miquel y Costas & Miquel S.A.

253

53,733

 

Misr Fertilizers Production Co SAE

293

11,800

e

Mitani Sekisan Co Ltd

642

1,296,405

 

Mitsubishi Chemical Holdings Corp

8,622

119,390

 

Mitsubishi Gas Chemical Co, Inc

2,021

261,800

 

Mitsubishi Materials Corp

4,580

151,962

 

Mitsui Chemicals, Inc

3,820

67,764

 

Mitsui Mining & Smelting Co Ltd

1,852

84

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,954

 

Miwon Commercial Co Ltd

$283

3,296,000

*

MMG Ltd

1,309

502,330

 

Mondi plc

9,764

12,981

*,†

Mongolian Metals Corporation

0

300,113

 

Mosaic Co

19,958

9,340

*,e

MP Materials Corp

536

201,796

e

M-real Oyj (B Shares)

2,043

126,997

 

Myers Industries, Inc

2,743

119,963

 

Mytilineos Holdings S.A.

1,964

80,911

 

Najran Cement Co

421

23,818

 

Namhae Chemical Corp

217

58,000

 

Nan Pao Resins Chemical Co Ltd

263

5,802,887

 

Nan Ya Plastics Corp

18,785

302,000

e

Nanofilm Technologies International Ltd

600

133,071

*

NanoXplore, Inc

492

296,000

 

Nantex Industry Co Ltd

673

1,630,067

 

National Aluminium Co Ltd

2,597

348,595

*

National Industrialization Co

2,128

123,408

 

National Petrochemical Co

1,521

39,153

 

Navin Fluorine International Ltd

2,100

14,207

 

Neenah Inc

563

778,230

*

New Gold, Inc

1,413

102,218

*

New Pacific Metals Corp

325

923,627

 

Newcrest Mining Ltd

18,664

6,006

 

NewMarket Corp

1,948

1,045,356

 

Newmont Goldcorp Corp

83,054

38,347

*

Next Science Co Ltd

426

1,271,208

 

Nickel Mines Ltd

1,204

87,581

 

Nihon Parkerizing Co Ltd

664

2,044,151

 

Nine Dragons Paper Holdings Ltd

1,775

110,100

 

Ningbo Shanshan Co Ltd

482

456,406

 

Ningxia Baofeng Energy Group Co Ltd

1,064

159,366

e

Nippon Kayaku Co Ltd

1,507

77,803

 

Nippon Light Metal Holdings Co Ltd

1,088

593,590

 

Nippon Paint Co Ltd

5,201

128,480

e

Nippon Paper Industries Co Ltd

1,093

35,228

 

Nippon Shokubai Co Ltd

1,530

27,484

 

Nippon Soda Co Ltd

756

934,050

 

Nippon Steel Corp

16,481

132,431

 

Nissan Chemical Industries Ltd

7,768

5,707

 

Nittetsu Mining Co Ltd

329

143,025

 

Nitto Denko Corp

10,253

113,621

 

NOCIL Ltd

372

135,782

 

NOF Corp

5,548

1,913,695

 

Norsk Hydro ASA

18,593

379,264

*

Northam Platinum Holdings Ltd

5,660

90,615

 

Northern Region Cement Co

350

1,144,125

 

Northern Star Resources Ltd

9,230

29,686

*

Novagold Resources Inc

229

285,458

*

Novagold Resources, Inc

2,199

212,603

 

Novozymes AS

14,577

251,648

 

Nucor Corp

37,407

1,074,706

 

Nufarm Ltd

5,063

61,412

 

Nuh Cimento Sanayi AS.

192

936,162

 

Nutrien Ltd

96,765

163,638

 

Nutrien Ltd

17,017

109,674

*

Nuvoco Vistas Corp Ltd

568

847,093

*

OceanaGold Corp

1,877

23,214

 

OCI Co Ltd

1,996

324,232

*

OCI NV

11,447

85,282

*

O-I Glass, Inc

1,124

588,878

 

OJI Paper Co Ltd

2,922

10,800

 

Okamoto Industries, Inc

345

98,205

e

Olin Corp

5,134

85

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,151

 

Olympic Steel, Inc

$313

1,126,148

 

Orbia Advance Corp SAB de C.V.

2,973

417,123

 

Orica Ltd

4,963

510,000

 

Oriental Union Chemical Corp

402

440,728

 

Orion Engineered Carbons SA

7,038

178,490

*,e

Orla Mining Ltd

854

1,825,267

 

Orora Ltd

4,926

15,800

 

Osaka Organic Chemical Industry Ltd

392

13,700

 

Osaka Soda Co Ltd

349

208,044

 

Osisko Gold Royalties Ltd

2,744

366,549

*

Osisko Mining, Inc

1,170

447,756

*,e

Outokumpu Oyj

2,384

410,108

 

Oxiana Ltd

8,179

231,839

*

Oyak Cimento Fabrikalari AS

146

16,000

 

Pack Corp

336

213,129

 

Packaging Corp of America

33,272

305,650

 

Pact Group Holdings Ltd

529

39,254

 

Pactiv Evergreen, Inc

395

250,933

 

Pan American Silver Corp (Toronto)

6,849

564,266

*

Pangang Group Vanadium Titanium & Resources Co Ltd

331

744,227

 

Perenti Global Ltd

416

7,534

*

Perpetua Resources Corp

31

2,553,392

 

Perseus Mining Ltd

3,751

1,582,635

*

Petkim Petrokimya Holding

973

2,705,715

 

Petronas Chemicals Group BHD

6,178

14,956

 

PI Advanced Materials Co Ltd

565

95,413

 

PI Industries Ltd

3,533

165,558

 

Pidilite Industries Ltd

5,347

2,906,580

*

Pilbara Minerals Ltd

6,867

23,361

*,e

PolyMet Mining Corp

98

17,045

 

Polyplex Corp Ltd

542

591

†,e

Polyus PJSC (GDR)

0^

22,252

 

Poongsan Corp

606

235,641

 

Portucel Empresa Produtora de Pasta e Papel S.A.

877

163,797

 

POSCO

39,291

32,803

 

POSCO Refractories & Environment Co Ltd

3,225

1,057,238

 

PPG Industries, Inc

138,572

104,121

 

PQ Group Holdings, Inc

1,204

3,459,068

 

Press Metal BHD

5,100

126,676

*

Prism Cement Ltd

191

9,226,100

 

PT Aneka Tambang Tbk

1,562

30,115,697

 

PT Barito Pacific Tbk

1,893

2,948,597

 

PT Indah Kiat Pulp and Paper Corp Tbk

1,619

1,795,952

 

PT Indocement Tunggal Prakarsa Tbk

1,343

1,914,000

 

PT Pabrik Kertas Tjiwi Kimia Tbk

935

3,278,689

 

PT Semen Gresik Persero Tbk

1,513

2,630,000

*

PT Timah Tbk

333

2,635,109

 

PTT Global Chemical PCL

4,006

4,965,300

 

PTT Global Chemical PCL (ADR)

7,549

95,566

*,e

PureCycle Technologies, Inc

765

53,008

 

Qassim Cement Co

1,189

3,333,089

 

Qatar Aluminum Manufacturing Co

2,334

362,757

 

Qatar National Cement Co

519

368,961

*

Qatari Investors Group

260

1,537

 

Quaker Chemical Corp

266

728,516

 

Qurain Petrochemical Industries Co

919

192,916

 

Rain Commodities Ltd

488

69,861

 

Rallis India Ltd

219

932,390

 

Ramelius Resources Ltd

1,009

26,903

*

Ranpak Holdings Corp

550

15,770

 

Ratnamani Metals & Tubes Ltd

540

54,857

*

Rayonier Advanced Materials, Inc

360

21,203

*,e

Re:NewCell AB

291

48,985

 

Recticel S.A.

1,166

86

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

926,865

 

Regis Resources Ltd

$1,468

271,790

 

Reliance Steel & Aluminum Co

49,833

504,083

 

Rengo Co Ltd

3,220

35,424

 

Rhi Magnesita NV

1,124

431,743

 

Rio Tinto Ltd

38,598

1,723,132

 

Rio Tinto plc

137,758

62,180

 

Riyadh Cement Co

595

676,224

 

Rongsheng Petro Chemical Co Ltd

1,517

12,742

 

Rossari Biotech Ltd

153

189,049

e

Royal Bafokeng Platinum Ltd

2,089

62,146

 

Royal Gold, Inc

8,780

25,931

 

RPM International, Inc

2,112

26,877

 

Ryerson Holding Corp

941

107,815

e

Sa des Ciments Vicat

3,654

243,934

 

SABIC Agri-Nutrients Co

11,770

376,938

*

Sabina Gold & Silver Corp

455

401,530

 

Sahara International Petrochemical Co

5,704

45,800

 

Sakata INX Corp

362

39,377

*

Salzgitter AG.

1,825

21,886

 

Samsung Fine Chemicals Co Ltd

1,421

468,282

 

Sandfire Resources NL

1,988

234,506

e

Sandstorm Gold Ltd

1,891

13,711

 

Sanyo Chemical Industries Ltd

563

76,006

 

Sanyo Special Steel Co Ltd

1,313

691,549

*

Sappi Ltd

2,693

636,374

*

Sasol Ltd

15,385

477,632

*

Saudi Arabian Mining Co

16,958

1,011,350

 

Saudi Basic Industries Corp

35,151

89,766

 

Saudi Cement Co

1,455

237,329

 

Saudi Industrial Investment Group

2,204

819,540

*

Saudi Kayan Petrochemical Co

4,899

6,673,058

*

Sayona Mining Ltd

1,183

1,443,900

 

SCG Packaging PCL

2,618

912,380

*

Schmolz + Bickenbach AG.

274

19,953

 

Schnitzer Steel Industries, Inc (Class A)

1,036

28,066

 

Schweitzer-Mauduit International, Inc

772

828,100

 

Scientex BHD

800

42,420

 

Scotts Miracle-Gro Co (Class A)

5,216

84,903

*,e

Seabridge Gold, Inc

1,574

111,623

 

Seah Besteel Corp

1,697

1,095,426

 

Sealed Air Corp

73,350

8,218,300

*,†

Sekawan Intipratama Tbk PT

0^

20,193

 

Semapa-Sociedade de Investimento e Gestao

269

66,125

 

Sensient Technologies Corp

5,551

1,311,877

 

Sesa Sterlite Ltd

6,928

274,968

 

Shandong Gold Mining Co Ltd - A

934

797,505

e,g

Shandong Gold Mining Co Ltd - H

1,593

167,007

 

Shandong Hualu Hengsheng Chemical Co Ltd

853

888,366

 

Shandong Nanshan Aluminum Co Ltd

566

87,211

 

Shandong Sun Paper Industry JSC Ltd

156

593,000

 

Shanghai Chlor-Alkali Chemical Co Ltd

386

48,832

 

Shanghai Putailai New Energy Technology Co Ltd

1,073

326,629

*

Shanxi Meijin Energy Co Ltd

655

443,763

 

Shanxi Taigang Stainless Steel Co Ltd

467

132,600

 

Shenghe Resources Holding Co Ltd

352

26,138

 

Shenzhen Capchem Technology Co Ltd

333

54,700

 

Shenzhen Senior Technology Material Co Ltd

323

503,560

 

Sherwin-Williams Co

125,699

166,000

*

Shihlin Paper Corp

349

33,900

 

Shikoku Chemicals Corp

370

404,325

 

Shin-Etsu Chemical Co Ltd

61,430

48,003

 

Shin-Etsu Polymer Co Ltd

442

1,374,000

 

Shinkong Synthetic Fibers Corp

997

96,000

 

Shiny Chemical Industrial Co Ltd

743

87

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

210,700

 

Showa Denko KK

$4,160

11,818

 

Shree Cement Ltd

3,728

904,783

 

Siam Cement PCL

10,391

86,800

 

Siam City Cement PCL

400

2,923,875

e

Sibanye Stillwater Ltd

11,757

786,100

 

Sichuan Hebang Biotechnology Co Ltd

433

92,800

*

Sichuan New Energy Power Co Ltd

282

80,600

 

Sichuan Yahua Industrial Group Co Ltd

364

388,676

e

SIG Combibloc Group AG.

9,798

30,793

e

Sika AG.

10,188

148,317

 

Silgan Holdings, Inc

6,857

1,017,946

*

Silver Lake Resources Ltd

1,646

212,202

 

Silvercorp Metals, Inc

774

162,975

*,e

SilverCrest Metals, Inc

1,452

203,848

 

Sims Ltd

3,286

1,490,000

e

Sinofert Holdings Ltd

252

134,000

 

Sinoma Science & Technology Co Ltd

509

730,967

 

Sinopec Shanghai Petrochemical Co Ltd (Class A)

404

11,754

 

SK Chemicals Co Ltd

1,308

24,758

*,g

SK IE Technology Co Ltd

2,551

22,403

 

SKC Co Ltd

2,817

24,006

 

Skshu Paint Co Ltd

334

480,245

 

Smurfit Kappa Group plc

21,331

466,787

 

Sociedad Quimica y Minera de Chile S.A. (ADR)

39,957

152,498

 

Sociedad Quimica y Minera de Chile S.A. (Class B)

13,098

51,686

 

SOL S.p.A.

941

505,000

 

Solar Applied Materials Technology Co

894

28,366

 

Solar Industries India Ltd

1,041

175,329

*

Solaris Resources, Inc

1,722

866,663

*

SolGold plc

412

78,182

e

Solvay S.A.

7,705

92,701

 

Sonoco Products Co

5,799

5,400

 

Soulbrain Co Ltd

1,082

5,579

 

Soulbrain Holdings Co Ltd

137

6,147,735

 

South32 Ltd

23,369

176,290

 

Southern Copper Corp

13,380

83,083

 

Southern Province Cement Co

1,559

166,001

 

SRF Ltd

5,824

441,512

*,e

Ssab Svenskt Stal AB (Series A)

3,068

1,210,575

*

Ssab Svenskt Stal AB (Series B)

8,061

256,058

e

SSR Mining, Inc

5,567

3,331,291

 

St Barbara Ltd

3,512

246,993

 

Steel Dynamics, Inc

20,607

37,705

 

Stelco Holdings, Inc

1,568

70,505

 

Stella-Jones, Inc

2,119

34,024

 

Stepan Co

3,362

2,926

 

STO AG.

669

628,381

 

Stora Enso Oyj (R Shares)

12,327

70,712

 

Sumitomo Bakelite Co Ltd

2,863

1,802,015

 

Sumitomo Chemical Co Ltd

8,251

99,636

 

Sumitomo Chemical India Ltd

587

274,500

 

Sumitomo Metal Mining Co Ltd

13,907

40,321

 

Sumitomo Osaka Cement Co Ltd

1,105

356,649

*

Summit Materials, Inc

11,078

71,703

 

SunCoke Energy, Inc

639

2,444,500

*,†,e

Superb Summit International Group Ltd

3

76,836

 

Supreme Industries Ltd

2,066

32,193

 

Supreme Petrochem Ltd

391

827,317

 

Suzano SA

9,583

636,568

 

Svenska Cellulosa AB (B Shares)

12,361

31,309

*

Sylvamo Corp

1,042

152,255

 

Symrise AG.

18,254

40,400

 

T Hasegawa Co Ltd

858

1,854,000

 

TA Chen Stainless Pipe

3,136

88

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

402

 

Taekwang Industrial Co Ltd

$344

133,400

 

Taiheiyo Cement Corp

2,198

284,000

 

Taita Chemical Co Ltd

334

3,539,482

 

Taiwan Cement Corp

6,139

967,000

 

Taiwan Fertilizer Co Ltd

2,460

372,000

 

Taiwan Hon Chuan Enterprise Co Ltd

1,017

41,200

 

Taiyo Ink Manufacturing Co Ltd

1,088

101,504

 

Taiyo Nippon Sanso Corp

1,930

13,755

 

Takasago International Corp

309

5,300

e

Taki Chemical Co Ltd

225

61,014

 

Takiron Co Ltd

271

230,048

 

Tata Chemicals Ltd

2,941

813,065

 

Tata Steel Ltd

13,909

652,332

 

Teck Cominco Ltd

26,341

222,600

 

Teijin Ltd

2,477

16,600

 

Tenma Corp

328

20,278

*

Tessenderlo Chemie NV

733

4,012,087

*

ThyssenKrupp AG.

34,293

1,316,000

 

Tiangong International Co Ltd

534

323,400

 

Tianshan Aluminum Group Co Ltd

390

48,300

*

Tibet Summit Resources Co Ltd

199

39,226

*

TimkenSteel Corp

858

677,000

 

Tipco Asphalt PCL

338

43,736

 

Titan Cement International S.A.

646

568,100

 

TOA Paint Thailand PCL

507

120,903

 

Toagosei Co Ltd

1,063

46,024

 

Toho Titanium Co Ltd

546

230,829

 

Tokai Carbon Co Ltd

2,153

11,200

e

Tokushu Tokai Holdings Co Ltd

291

132,241

 

Tokuyama Corp

1,850

38,314

 

Tokyo Ohka Kogyo Co Ltd

2,287

98,104

 

Tokyo Steel Manufacturing Co Ltd

928

938,000

 

Ton Yi Industrial Corp

588

138,878

 

Tongkun Group Co Ltd

381

779,600

 

Tongling Nonferrous Metals Group Co Ltd

454

1,404,037

 

Toray Industries, Inc

7,300

247,171

*

Torex Gold Resources, Inc

3,104

554,673

 

Tosoh Corp

8,198

6,200

e

Toyo Gosei Co Ltd

546

50,800

 

Toyo Ink Manufacturing Co Ltd

789

168,900

 

Toyo Seikan Kaisha Ltd

1,932

98,448

 

Toyobo Co Ltd

878

5,268,000

 

TPI Polene PCL

258

87,973

e

Transcontinental, Inc

1,229

290,910

 

Transfar Zhilian Co Ltd

288

9,607

 

Tredegar Corp

115

36,182

 

Trimas Corp

1,161

4,754

 

Trinseo plc

228

498,392

 

Tronox Holdings plc

9,863

652,000

 

TSRC Corp

788

676,990

 

Tung Ho Steel Enterprise Corp

1,649

121,068

*

Turquoise Hill Resources Ltd

3,635

39,043

 

UACJ Corp

743

268,826

 

UBE Industries Ltd

4,379

5,629

*

UFP Technologies, Inc

372

112,324

 

Ultra Tech Cement Ltd

9,735

203,269

e

Umicore S.A.

8,787

49,400

 

Uniao de Industrias Petroquimicas S.A.

1,080

4,833

 

Unid Co Ltd

416

1,493

 

United States Lime & Minerals, Inc

173

303,978

 

United States Steel Corp

11,472

463,000

 

Universal Cement Corp

344

912,000

 

UPC Technology Corp

578

562,508

 

UPL Ltd

5,685

89

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

595,259

e

UPM-Kymmene Oyj

$19,438

871,000

 

USI Corp

907

5,193,083

 

Vale S.A.

104,275

709

 

Valhi, Inc

21

309,270

 

Valvoline, Inc

9,761

89,380

g

Verallia S.A.

2,128

29,644

 

Vetropack Holding AG.

1,387

48,944

*

Victoria Gold Corp

622

106,000

 

Victrex plc

2,534

26,097

 

Vinati Organics Ltd

670

130,501

 

Voestalpine AG.

3,883

95,147

*

Vulcan Energy Resources Ltd

714

42,680

 

Vulcan Materials Co

7,840

19,011

 

Wacker Chemie AG.

3,236

736,118

*

Wallbridge Mining Co Ltd

194

208,196

 

Wanhua Chemical Group Co Ltd

2,639

126,053

 

Warrior Met Coal, Inc

4,678

30,389

 

Weihai Guangwei Composites Co Ltd

282

168,535

*

Wesdome Gold Mines Ltd

2,115

1,183,979

*

West African Resources Ltd

1,110

2,986,000

 

West China Cement Ltd

474

124,088

e

West Fraser Timber Co Ltd

10,210

388,501

*

Western Areas NL

1,054

30,654

 

Western Superconducting Technologies Co Ltd

416

472,186

 

Westgold Resources Ltd

684

328,413

 

Westlake Chemical Corp

40,526

183,268

 

WestRock Co

8,619

539,866

 

Wheaton Precious Metals Corp

25,673

3,642,467

 

Wienerberger AG.

109,987

39,106

e

Winpak Ltd

1,201

28,489

 

Worthington Industries, Inc

1,465

125,115

 

Xiamen Tungsten Co Ltd

363

150,100

 

Xinjiang Zhongtai Chemical Co Ltd

214

121,050

*

Yamama Cement Co

1,042

1,156,067

 

Yamana Gold, Inc

6,455

48,705

 

Yamato Kogyo Co Ltd

1,476

94,352

 

Yanbu Cement Co

1,060

286,645

 

Yanbu National Petrochemical Co

5,088

234,309

 

Yara International ASA

11,717

335,000

 

Yeun Chyang Industrial Co Ltd

407

863,000

*

Yieh Phui Enterprise

736

234,323

 

Yintai Gold Co Ltd

344

22,255

 

Yodogawa Steel Works Ltd

478

29,300

 

YongXing Special Materials Technology Co Ltd

543

10,657

 

Youlchon Chemical Co Ltd

207

619

 

Young Poong Corp

351

18,600

*

Youngy Co Ltd

332

1,416,000

 

Yuen Foong Yu Paper Manufacturing Co Ltd

1,680

414,088

 

Yule Catto & Co plc

1,655

210,500

*

Yunnan Aluminium Co Ltd

449

58,141

 

Yunnan Energy New Material Co Ltd

2,006

124,300

*

Yunnan Tin Co Ltd

408

616,816

 

Zeon Corp

6,846

1,423,500

 

Zhaojin Mining Industry Co Ltd

1,254

86,653

 

Zhejiang Huayou Cobalt Co Ltd

1,324

206,636

 

Zhejiang Juhua Co Ltd

423

287,318

 

Zhejiang Longsheng Group Co Ltd

492

118,420

 

Zhejiang Satellite Petrochemical Co Ltd

733

52,600

*

Zhejiang Yongtai Technology Co Ltd

314

217,400

 

Zibo Qixiang Tengda Chemical Co Ltd

291

31,149

 

Zignago Vetro S.p.A.

407

6,565,232

 

Zijin Mining Group Co Ltd

9,956

90

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,418,316

 

Zijin Mining Group Co Ltd (Class A)

$2,513

 

 

TOTAL MATERIALS

6,259,922

MEDIA & ENTERTAINMENT - 5.8%

 

 

 

713,394

 

Activision Blizzard, Inc

57,150

305,282

*

Adevinta ASA

2,787

69,004

*

Advantage Solutions, Inc

440

76,676

*

Affle India Ltd

1,261

9,742

 

AfreecaTV Co Ltd

1,181

9,011,173

*,e

Alibaba Pictures Group Ltd

742

538,905

*,n

Alphabet, Inc (Class A)

1,498,883

572,888

*,n

Alphabet, Inc (Class C)

1,600,070

380,844

*

Altice USA, Inc

4,753

429,229

*,e

AMC Entertainment Holdings, Inc

10,576

13,809

*

AMC Networks, Inc

561

1,712

 

APG SGA S.A.

361

161,000

e,g

Archosaur Games, Inc

165

147,636

*

Arnoldo Mondadori Editore S.p.A.

326

528,550

*

Ascential plc

2,407

804,600

 

Astro Malaysia Holdings BHD

210

93,964

 

Atresmedia Corp de Medios de Comunicacion S.A.

397

2,791,149

g

Auto Trader Group plc

23,042

53,923

 

Autohome, Inc (ADR)

1,640

29,059

 

Avex Group Holdings, Inc

316

1,159,581

*

Baidu, Inc (ADR)

153,413

1,056,000

*

BEC World PCL (Foreign)

532

80,157

 

Beijing Enlight Media Co Ltd

103

39,187

 

Beijing Kunlun Tech Co Ltd

104

15,953

*,e

Believe S.A.

255

11,500

*,e

Bengo4.com, Inc

366

34,910

*

Better Collective A.S.

623

204,420

*,e

Bilibili, Inc (ADR)

5,229

947,993

 

Bollore

4,964

386,555

*

Borussia Dortmund GmbH & Co KGaA

1,722

16,683

*

Boston Omaha Corp

423

861,698

 

Brightcom Group Ltd

1,117

11,500

*

Bushiroad, Inc

124

5,177

 

Cable One, Inc

7,580

119,600

 

Capcom Co Ltd

2,900

3,939

*

Cardlytics, Inc

217

160,096

*

Cargurus, Inc

6,798

53,214

*

Cars.com, Inc

768

804,939

 

carsales.com Ltd

12,462

386,000

e,g

Cathay Media And Education Group, Inc

61

47,262

 

CD Projekt Red S.A.

1,940

185,159

*,e

Charter Communications, Inc

101,008

72,535

 

Cheil Communications, Inc

1,403

161,865

*,†

Chennai Super Kings Cricket Ltd

15

7,820

*,e

Chicken Soup For The Soul Entertainment, Inc

62

305,558

*,e,g

China Literature Ltd

1,251

28,717

*,e

Cinemark Holdings, Inc

496

76,218

*,e

Cineplex Galaxy Income Fund

818

1,123,723

*,e

Cineworld Group plc

477

22,708

*

CJ CGV Co Ltd

512

12,188

 

CJ O Shopping Co Ltd

1,312

1,442,818

*

Clear Channel

4,992

934,000

 

CMGE Technology Group Ltd

269

18,861

e

Cogeco Communications, Inc

1,561

6,411

 

Cogeco, Inc

395

168,918

*

COLOPL, Inc

877

10,383

 

Com2uSCorp

940

10,769,965

 

Comcast Corp (Class A)

504,250

59,344

*

comScore, Inc

173

772,220

 

Corus Entertainment, Inc

3,039

91

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

344,572

*

CTS Eventim AG.

$23,402

23,822

*,e

CuriosityStream, Inc

69

272,140

 

CyberAgent, Inc

3,368

262,282

 

Cyfrowy Polsat S.A.

1,727

43,831

 

Daiichikosho Co Ltd

1,243

1,138

*

Daily Journal Corp

355

100,711

*

Dena Co Ltd

1,530

272,983

 

Dentsu, Inc

11,156

4,410

 

Devsisters Co Ltd

226

6,320

e

Digital Bros S.p.A

179

2,569

*

Digital Media Solutions, Inc

9

43,864

 

Dip Corp

1,196

18,200

e

Direct Marketing MiX, Inc

271

153,160

*,e

Discovery, Inc (Class A)

3,817

289,741

*

Discovery, Inc (Class C)

7,235

270,302

*

DISH Network Corp (Class A)

8,555

673,626

 

Domain Holdings Australia Ltd

1,997

180,124

*,e

DouYu International Holdings Ltd (ADR)

375

14,922

 

Echo Marketing, Inc

266

404,416

 

Electronic Arts, Inc

51,163

588,685

*,e

Embracer Group AB

4,914

21,903

*

Emerald Holding, Inc

74

105,989

*

Entercom Communications Corp

306

387,639

*,e

Enthusiast Gaming Holdings, Inc

936

490,319

 

Entravision Communications Corp (Class A)

3,143

15,296

*,e

Eros STX Global Corp

43

130,095

 

Euromoney Institutional Investor plc

1,678

210,788

 

Eutelsat Communications

2,290

115,986

*

EVENT Hospitality and Entertainment Ltd

1,254

716,505

*

Eventbrite Inc

10,583

124,074

*

EverQuote Inc

2,008

49,028

*

EW Scripps Co (Class A)

1,019

3,834,000

e

Fire Rock Holdings Ltd

270

41,987

*,e

Fluent, Inc

87

1,050,307

 

Focus Media Information Technology Co Ltd

1,005

289,535

 

Fox Corp (Class A)

11,422

141,703

 

Fox Corp (Class B)

5,141

26,553

*,e

Frontier Developments plc

434

421,402

*,e

fuboTV, Inc

2,769

51,600

 

Fuji Television Network, Inc

494

354,252

 

Future plc

12,037

39,648

e

Gakken Co Ltd

309

119,314

*

Gannett Co, Inc

538

2,170

 

G-bits Network Technology Xiamen Co Ltd

123

108,365

 

Giant Network Group Co Ltd

172

7,283

*

Giantstep, Inc

253

10,400

*,e

giftee, Inc

108

73,784

 

Gray Television, Inc

1,628

131,650

e

Gree, Inc

1,164

2,665,729

e

Grupo Televisa S.A.

6,267

3,657,250

e

Grupo Televisa SAB (ADR)

42,790

122,043

*

GungHo Online Entertainment Inc

2,591

400,137

 

Hakuhodo DY Holdings, Inc

5,023

110,515

 

Hello Group, Inc (ADR)

639

15,309

*

Hemisphere Media Group, Inc

70

54,728

*

Hemnet Group AB

823

1,583,140

*

Hong Seng Consolidated Bhd

979

2,620,000

*,e

Huanxi Media Group Ltd

438

39,760

*,g

HUUUGE, Inc

168

3,820,901

*,e

HUYA, Inc (ADR)

17,079

18,319

*

HYBE Co Ltd

4,630

43,134

 

Hyundai Hy Communications & Network Co

128

215,208

*

IAC

21,581

4,709,738

*,a,e

iClick Interactive Asia Group Ltd (ADR)

5,557

92

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

540,800

*,e,g

iDreamSky Technology Holdings Ltd

$307

977,000

 

IGG, Inc

463

549,490

*

iHeartMedia, Inc

10,402

146,700

e,g

IMAX China Holding, Inc

175

40,248

*

Imax Corp

762

84,739

 

Info Edge India Ltd

5,013

1,661,480

*

Informa plc

13,018

95,600

*

Infracommerce CXAAS S.A.

287

9,128

 

Innocean Worldwide, Inc

377

72,117

*

Inox Leisure Ltd

501

101,543

*

Integral Ad Science Holding Corp

1,401

99,000

 

International Games System Co Ltd

2,635

442,717

 

Interpublic Group of Cos, Inc

15,694

48,130

 

IPSOS

2,396

170,848

*,e

IQIYI, Inc (ADR)

776

4,335,465

*

ITV plc

4,640

73,201

*

JC Decaux S.A.

1,730

5,119

*

Jcontentree Corp

231

37,046

 

John Wiley & Sons, Inc (Class A)

1,965

788,000

*,e

Joy Spreader Interactive Technology Ltd

228

37,316

e

JOYY, Inc (ADR)

1,371

35,680

*

Just Dial Ltd

333

1,467,621

*,e

Juventus Football Club S.p.A.

531

35,079

 

JYP Entertainment Corp

1,760

111,924

 

Kadokawa Dwango Corp

2,932

326,861

*,e

Kahoot! AS.

1,016

101,214

 

Kakaku.com, Inc

2,260

213,054

 

Kakao Corp

18,518

33,434

*

Kakao Games Corp

2,132

89,100

*,e

Kanzhun Ltd (ADR)

2,219

16,502

*

Kinepolis Group NV

998

667,110

 

Kingsoft Corp Ltd

2,125

40,690

e

Koei Tecmo Holdings Co Ltd

1,334

71,057

 

Konami Corp

4,482

24,516

*,e,g

Krafton, Inc

5,523

22,913

 

KT Skylife Co Ltd

167

581,200

*,g

Kuaishou Technology

5,325

43,076

*

Lagardere S.C.A.

1,206

1,900

*,e

Liberty Braves Group (Class A)

55

4,414

*

Liberty Braves Group (Class C)

123

22,553

*

Liberty Broadband Corp (Class A)

2,956

128,645

*

Liberty Broadband Corp (Class C)

17,408

23,013

*

Liberty Media Group (Class A)

1,453

236,221

*

Liberty Media Group (Class C)

16,498

85,168

 

Liberty SiriusXM Group (Class A)

3,893

145,595

*

Liberty SiriusXM Group (Class C)

6,658

25,870

*

Liberty TripAdvisor Holdings, Inc

53

333,443

*

Lions Gate Entertainment Corp (Class A)

5,418

130,939

*

Lions Gate Entertainment Corp (Class B)

1,968

131,454

*

Live Nation, Inc

15,464

587,114

*

LiveOne, Inc

479

18,940

*

Loyalty Ventures, Inc

313

27,558

 

M6-Metropole Television

544

27,927

*

Madison Square Garden Co

5,009

21,523

*

Madison Square Garden Entertainment Corp

1,793

1,013,095

*,e

Magnite, Inc

13,383

856,900

 

Major Cineplex Group PCL (Foreign)

515

69,622

 

Mango Excellent Media Co Ltd

339

21,874

*,e

Marcus Corp

387

1,317,823

*

Match Group, Inc

143,300

100,783

*,e

Media and Games Invest plc

370

6,925,200

 

Media Nusantara Citra Tbk PT

479

3,878

*

MediaAlpha, Inc

64

183,216

*

Mediaset Espana Comunicacion SA

927

93

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,563,299

e

Megacable Holdings SAB de C.V.

$4,710

2,234,500

*,e,g

Meitu, Inc

262

494,300

 

Meliuz S.A.

266

3,434,681

*,n

Meta Platforms, Inc

763,736

386,789

*,e

MFE-MediaForEurope NV

271

386,789

e

MFE-MediaForEurope NV

447

53,890

 

Mixi Inc

967

18,289,700

*

MNC Vision Networks Tbk PT

170

544,000

*,e,g

Mobvista, Inc

362

121,791

*

Modern Times Group AB (B Shares)

1,773

681,170

 

Moneysupermarket.com Group plc

1,694

405,319

 

MultiChoice Group Ltd

3,654

58,471

 

National CineMedia, Inc

149

203,165

 

Naver Corp

56,465

8,270

*

Nazara Technologies Ltd

177

11,361

 

NCsoft

4,357

13,392

*

Neowiz

272

11,111

*

Neptune Co

181

295,500

 

NetDragon Websoft, Inc

615

2,248,030

 

NetEase, Inc

40,561

556,903

*,n

Netflix, Inc

208,610

13,651

g

Netmarble Corp

1,247

4,311

 

New Work SE

884

150,746

e

New York Times Co (Class A)

6,910

504,934

 

News Corp (Class A)

11,184

109,238

 

News Corp (Class B)

2,460

953,878

 

Nexon Co Ltd

22,820

36,935

 

Nexstar Media Group Inc

6,962

19,164

*

NHN Corp

578

1,758,762

 

Nine Entertainment Co Holdings Ltd

3,888

156,347

 

Nintendo Co Ltd

78,918

57,300

 

Nippon Television Network Corp

596

90,162

*

Nordic Entertainment Group AB

3,641

191,798

 

Omnicom Group, Inc

16,280

735,512

 

oOh!media Ltd

888

6,039

*

Outbrain, Inc

65

42,921

e

Paradox Interactive AB

816

19,194

*

Pearl Abyss Corp

1,561

793,903

 

Pearson plc

7,784

115,534

 

Perfect World Co Ltd

232

47,815

*

Perion Network Ltd

1,086

623,964

*

Pinterest, Inc

15,356

2,110,700

*

Plan B Media PCL

500

103,033

*

Playtika Holding Corp

1,992

1,475

 

PlayWay S.A.

111

120,000

*,e

PR Times, Inc

3,151

203,425

 

ProSiebenSat. Media AG.

2,591

61,008

 

Proto Corp

515

282,307

 

Publicis Groupe S.A.

17,134

59,403

*

PVR Ltd

1,495

200,622

 

Quebecor, Inc

4,782

41,568

*

QuinStreet, Inc

482

106,710

g

RAI Way S.p.A

667

54,214

 

REA Group Ltd

5,435

11,064

e

Remedy Entertainment Oyj

398

1,007,303

 

Rightmove plc

8,325

156,781

*,e

ROBLOX Corp

7,250

133,152

*,e

Roku, Inc

16,680

48,649

*,e,g

Rovio Entertainment Oyj

409

483,600

*

RS PCL

245

320,901

*

S4 Capital plc

1,209

106,782

 

Sanoma-WSOY Oyj

1,510

6,482

 

Saregama India Ltd

413

32,574

*

Saudi Research & Marketing Group

2,175

94

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

75,404

 

Schibsted ASA

$1,859

101,250

 

Schibsted ASA (B Shares)

2,167

23,084

 

Scholastic Corp

930

306,477

g

Scout24 AG.

17,473

337,300

*,n

Sea Ltd (ADR)

40,405

353,610

 

Seek Ltd

7,787

1,389,800

 

Septeni Holdings Co Ltd

7,214

690,491

e

SES S.A.

6,306

543,911

 

Shaw Communications, Inc (B Shares)

16,881

10,901

*

Shochiku Co Ltd

1,092

34,079

 

Sinclair Broadcast Group, Inc (Class A)

955

1,958,200

 

Singapore Press Holdings Ltd

3,395

803,776

e

Sirius XM Holdings, Inc

5,321

312,545

*,e

Skillz, Inc

938

786,900

 

Sky Perfect Jsat Corp

2,665

23,004

 

SM Entertainment Co

1,537

617,600

*,†,e

SMI Holdings Group Ltd

1

56,225

e

Societe Television Francaise 1

545

1,520

*

Society Pass, Inc

5

63,000

 

Soft-World International Corp

200

29,000

*

Sohu.com Ltd (ADR)

488

318,354

 

Southern Cross Media Group

408

137,582

*

Spotify Technology S.A.

20,778

55,400

 

Square Enix Co Ltd

2,454

93,245

*

Stagwell, Inc

675

520,150

*,e

Stillfront Group AB

1,463

110,821

*,e

Storytel AB

1,047

34,464

 

Stroer Out-of-Home Media AG.

2,378

91,835

 

Sun TV Network Ltd

591

18,205,800

*

Surya Citra Media Tbk PT

369

232,542

*

Taboola.com Ltd

1,200

289,820

*

Take-Two Interactive Software, Inc

44,557

3,630

 

Tamedia AG.

604

201,967

*

Team17 Group plc

1,417

233,545

*

Technicolor S.A.

878

47,351

*

TechTarget, Inc

3,849

191,836

 

TEGNA, Inc

4,297

54,510

e

Telenet Group Holding NV

1,756

3,650

 

TEN Square Games S.A.

169

9,269,259

 

Tencent Holdings Ltd

427,260

447,097

*

Tencent Music Entertainment (ADR)

2,177

24,336

*,e

Thinkific Labs, Inc

67

1,558

*

Thryv Holdings, Inc

44

7,484

 

Toei Co Ltd

1,037

75,145

 

Toho Co Ltd

2,840

44,300

 

Tokyo Broadcasting System, Inc

646

367,960

*

Tongdao Liepin Group

830

134,905

*

Tremor International Ltd

1,040

345,309

 

Trinity Mirror plc

830

92,174

*

TripAdvisor, Inc

2,500

92,619

*

TrueCar, Inc

366

234,250

*,g

Trustpilot Group plc

443

24,551

 

TV Asahi Corp

302

556,747

*

TV18 Broadcast Ltd

541

1,630,867

*

Twitter, Inc

63,098

95,697

*

Ubisoft Entertainment

4,205

1,581,960

e

Universal Music Group NV

42,229

20,758

 

ValueCommerce Co Ltd

627

32,335

 

Vector, Inc

329

5,540,900

 

VGI PCL

848

9,605

e

ViacomCBS, Inc (Class A)

388

986,917

e

ViacomCBS, Inc (Class B)

37,315

140,815

*

Vimeo, Inc

1,673

4,568,000

 

Viva China Holdings Ltd

564

95

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

1,630,614

 

Vivendi Universal S.A.

$21,303

3,303,827

*

Walt Disney Co

453,153

13,992

*

Webzen, Inc

281

46,326

*

Weibo Corp (ADR)

1,135

22,421

 

WeMade Entertainment Co Ltd

1,878

148,940

*

WideOpenWest, Inc

2,598

43,530

e

World Wrestling Entertainment, Inc (Class A)

2,718

1,298,128

 

WPP plc

16,990

 

 

Wuhu Shunrong Sanqi Interactive Entertainment Network

 

84,523

 

Technology Co Ltd

311

23,782

*

Wysiwyg Studios Co Ltd

739

194,400

*,e

XD, Inc

589

225,396

*

Yelp, Inc

7,688

10,727

 

YG Entertainment, Inc

599

451,037

 

YouGov plc

8,117

2,735,039

 

Z Holdings Corp

11,824

1,066,280

 

ZEE Telefilms Ltd

4,024

36,550

 

Zenrin Co Ltd

297

613,213

*

Zhejiang Century Huatong Group Co Ltd

603

103,369

*

Ziff Davis Inc

10,004

587,395

*

ZoomInfo Technologies, Inc

35,091

993,700

*

Zynga, Inc

9,182

 

 

TOTAL MEDIA & ENTERTAINMENT

7,422,706

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.0%

 

46,807

*

10X Genomics, Inc

3,561

21,270

*

2seventy bio, Inc

363

1,030,151

*,g

3SBio, Inc

838

18,732

*,e

4D Molecular Therapeutics, Inc

283

11,244

*

89bio, Inc

42

1,517,720

*,e

9 Meters Biopharma, Inc

910

33,648

 

Aarti Drugs Ltd

190

32,169

*,e

AB Science S.A.

361

5,750,827

 

AbbVie, Inc

932,267

466,350

*

Abcam plc

8,429

27,943

*

ABLBio, Inc

592

23,950

*,e

Absci Corp

202

68,685

*

Acadia Pharmaceuticals, Inc

1,664

132,835

*,e

Aclaris Therapeutics, Inc

2,290

7,209

*

Acumen Pharmaceuticals, Inc

28

13,436

*

Adagio Therapeutics, Inc

61

107,018

*

Adaptive Biotechnologies Corp

1,485

93,331

 

Adcock Ingram Holdings Ltd

334

32,101

*,e

Adicet Bio, Inc

641

296,000

 

Adimmune Corp

413

88,215

*,e

Adverum Biotechnologies, Inc

116

40,970

*

Aeglea BioTherapeutics, Inc

94

47,229

*,e

Aerie Pharmaceuticals, Inc

430

5,076

*

Aerovate Therapeutics, Inc

93

306,192

*

Affimed NV

1,338

647,745

*

Agenus, Inc

1,593

139,314

 

Agilent Technologies, Inc

18,435

87,167

*

Agios Pharmaceuticals, Inc

2,537

26,229

 

Ajanta Pharma Ltd

625

8,739

*,e

Akero Therapeutics, Inc

124

203,000

*,e,g

Akeso, Inc

425

25,233

*,e

Akouos, Inc

120

3,349

*,e

Akoya Biosciences, Inc

37

5,343

*

Albireo Pharma, Inc

159

96,038

*,e

Aldeyra Therapeutics, Inc

427

42,010

*

Alector, Inc

599

64,664

 

Alembic Pharmaceuticals Ltd

630

5,580

*

Aligos Therapeutics, Inc

12

154,860

*

ALK-Abello A.S.

3,414

96

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

448,047

*

Alkermes plc

$11,788

4,526

*

Allakos, Inc

26

1,193,202

 

Alliance Pharma plc

1,803

399,684

*

Allogene Therapeutics, Inc

3,641

3,528

*,e

Allovir, Inc

24

90,097

 

Almirall S.A.

1,145

104,371

*

Alnylam Pharmaceuticals, Inc

17,043

3,225

*,e

Alpha Teknova, Inc

45

382,000

*,e,g

Alphamab Oncology

381

2,051

*,e

Alpine Immune Sciences, Inc

18

16,482

*

Alteogen, Inc

761

2,022,321

*,e

Altimmune, Inc

12,316

2,404

*

ALX Oncology Holdings, Inc

41

171,827

 

Amgen, Inc

41,551

68,492

*

Amicogen, Inc

1,680

358,002

*

Amicus Therapeutics, Inc

3,390

1,213,113

*

Amneal Pharmaceuticals, Inc

5,059

183,296

*

Amphastar Pharmaceuticals, Inc

6,580

31,584

*,e

Ampio Pharmaceuticals, Inc

15

3,850

*

Amylyx Pharmaceuticals, Inc

57

103,611

*

AnaptysBio, Inc

2,563

8,050

*,e

Anavex Life Sciences Corp

99

158,172

*,e

AnGes MG, Inc

463

5,021

*,e

Angion Biomedica Corp

11

9,483

*

ANI Pharmaceuticals, Inc

267

13,703

*

Anika Therapeutics, Inc

344

99,321

*

Annexon, Inc

271

805,032

*

Antares Pharma, Inc

3,301

276,000

*,g

Antengene Corp Ltd

235

7,647

*

Anterogen Co Ltd

170

1,287,120

*,†

Anxin-China Holdings Ltd

2

57,375

*

Apellis Pharmaceuticals, Inc

2,915

39,971

 

Apeloa Pharmaceutical Co Ltd

197

152,460

*,e

Applied Molecular Transport, Inc

1,147

8,352

*,e

Applied Therapeutics, Inc

18

15,182

*

AptaBio Therapeutics, Inc

287

40,942

*

AquaBounty Technologies, Inc

77

309,673

*,e

Arbutus Biopharma Corp

923

3,637

*

Arcellx, Inc

51

24,350

*,e

Arcturus Therapeutics Holdings, Inc

656

38,660

*

Arcus Biosciences, Inc

1,220

83,583

*

Arcutis Biotherapeutics, Inc

1,610

31,095

*,e

Ardelyx, Inc

33

55,165

*

Argenx SE

17,260

188,537

*

Arrowhead Pharmaceuticals Inc

8,671

48,419

*

Arvinas, Inc

3,259

147,500

*,e,g

Ascentage Pharma Group International

314

344,254

 

Aspen Pharmacare Holdings Ltd

4,680

2,892,584

 

Astellas Pharma, Inc

45,196

5,453

 

AstraZeneca Pharma India Ltd

184

4,329,628

 

AstraZeneca plc

574,165

2,229,346

e

AstraZeneca plc (ADR)

147,895

10,116

 

Asymchem Laboratories Tianjin Co Ltd

583

171,310

*

Atara Biotherapeutics, Inc

1,591

55,507

*

Atea Pharmaceuticals, Inc

401

43,257

*,e

Athenex, Inc

36

67,104

*,e

Athersys, Inc

41

30,713

*,e

Athira Pharma, Inc

415

111,051

*,e

Atossa Therapeutics, Inc

139

59,816

*,e

Atreca, Inc

190

2,279

*,e

Aura Biosciences, Inc

50

195,963

 

Aurobindo Pharma Ltd

1,721

238,270

*,e

Aurora Cannabis, Inc

949

293,590

*,e

Avacta Group plc

285

97

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

242,233

*,e

Avalo Therapeutics, Inc

$176

3,915,234

*

Avantor, Inc

132,413

145,249

*

Avid Bioservices, Inc

2,959

23,009

*

Avidity Biosciences, Inc

425

4,250

*,e

Avita Medical, Inc

36

40,089

*,e

Avrobio, Inc

53

173,792

*,e

Axsome Therapeutics, Inc

7,193

6,454

 

Bachem Holding AG.

3,552

14,592

*,e

Basilea Pharmaceutica

587

367,966

*

Bausch Health Cos, Inc

8,406

77,664

*

Bavarian Nordic AS

1,960

3,920,880

 

Bayer AG.

268,185

40,411

*,e

Beam Therapeutics, Inc

2,316

52,458

*

BeiGene Ltd (ADR)

9,894

35,391

 

Beijing Tiantan Biological Products Corp Ltd

137

256,000

 

Beijing Tong Ren Tang Chinese Medicine Co Ltd

353

27,500

 

Beijing Wantai Biological Pharmacy Enterprise Co Ltd

1,205

200,401

*

Berkeley Lights, Inc

1,425

15,861

 

Betta Pharmaceuticals Co Ltd

139

135,243

*,e

Beyondspring Inc

298

18,220

 

BGI Genomics Co Ltd

231

25,257

*

Binex Co Ltd

332

45,197

*,g

BioArctic AB

494

39,012

*

BioAtla, Inc

195

449,360

*

Biocon Ltd

1,983

634,181

*,e

BioCryst Pharmaceuticals, Inc

10,312

20,705

 

Biogaia AB (B Shares)

1,226

102,259

*

Biogen, Inc

21,536

42,411

*

Biohaven Pharmaceutical Holding Co Ltd

5,029

247,314

*

BioMarin Pharmaceutical, Inc

19,068

3,921

*,e

Biomea Fusion, Inc

17

36,195

*,e

Bionano Genomics, Inc

93

26,701

*

Bioneer Corp

857

130,001

*

BioNTech SE (ADR)

22,173

17,866

*

Bio-Rad Laboratories, Inc (Class A)

10,063

81,272

 

Biotage AB

1,889

19,744

 

Bio-Techne Corp

8,550

2,219

*,e

Bioxcel Therapeutics Inc

46

24,762

*

Black Diamond Therapeutics, Inc

69

45,000

 

Blau Farmaceutica S.A.

271

63,633

*

Bluebird Bio, Inc

309

64,491

*

Blueprint Medicines Corp

4,120

5,035

 

Boiron S.A.

215

24,542

*,e

Bolt Biotherapeutics, Inc

67

33,485

 

Boryung Pharmaceutical Co Ltd

363

313,197

*,e

Bridgebio Pharma, Inc

3,179

4,369,364

 

Bristol-Myers Squibb Co

319,095

9,832

*,e

Brooklyn ImmunoTherapeutics, Inc

20

79,523

 

Bruker BioSciences Corp

5,113

42,921

 

Bukwang Pharmaceutical Co Ltd

448

52,000

*

Burning Rock Biotech Ltd (ADR)

483

73,950

*

C4 Therapeutics, Inc

1,794

32,559

*,e

Calliditas Therapeutics AB

308

39,809

*,e

Camurus AB

711

288,675

*,e

Canopy Growth Corp (Toronto)

2,189

3,004

*

CanSino Biologics, Inc

110

49,875

*,e,g

CanSino Biologics, Inc

794

18,186

 

Caplin Point Laboratories Ltd

162

131,063

*

Cara Therapeutics, Inc

1,592

34,697

*,e

Cardiff Oncology, Inc

86

134,272

*

CareDx, Inc

4,967

4,808

 

Caregen Co Ltd

397

42,231

*

Caribou Biosciences, Inc

388

42,217

*,e

Cassava Sciences, Inc

1,568

98

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

74,482

*

Catalent, Inc

$8,260

181,238

*

Catalyst Pharmaceuticals, Inc

1,502

2,486

*,e

Celcuity, Inc

23

11,431

*

Celldex Therapeutics, Inc

389

37,016

*,e

Cellectis S.A.

171

6,324

*

Cellid Co Ltd

161

39,881

*,e

CELLINK AB

697

13,123

*

Cellivery Therapeutics, Inc

326

32,200

*,e

CellSource Co Ltd

764

11,543

*

Celltrion Pharm Inc

927

110,033

e

Celltrion, Inc

15,490

24,813

 

Celon Pharma S.A.

156

9,298

*,e

CEL-SCI Corp

37

359,000

 

Center Laboratories, Inc

781

6,538

*,e

Century Therapeutics, Inc

82

5,281

*

Cerevel Therapeutics Holdings, Inc

185

15,114

 

Changchun High & New Technology Industry Group, Inc

398

100,768

*

Charles River Laboratories International, Inc

28,615

293,399

*

ChemoCentryx, Inc

7,356

37,279

 

Chemometec A.S.

4,528

27,392

*

Chimerix, Inc

125

1,307,000

e

China Grand Pharmaceutical and Healthcare Holdings Ltd

922

935,660

 

China Medical System Holdings Ltd

1,459

44,120

 

China Resources Sanjiu Medical & Pharmaceutical Co Ltd

316

514,000

 

China Shineway Pharmaceutical Group Ltd

410

60,296

*

Chinook Therapeutics, Inc

986

8,720

 

Chong Kun Dang Pharmaceutical Corp

705

62,980

 

Chongqing Zhifei Biological Products Co Ltd

1,370

12,826

 

Choongwae Pharma Corp

288

294,745

*,e

ChromaDex Corp

725

352,006

 

Chugai Pharmaceutical Co Ltd

11,746

4,863

*

CinCor Pharma, Inc

85

333,799

 

Cipla Ltd

4,469

115,489

*,e

Citius Pharmaceuticals, Inc

207

3,094,000

e

CK Life Sciences International Holdings, Inc

244

9,761

*,e

Clene, Inc

38

151,478

 

Clinigen Group plc

1,835

50,612

e

Clinuvel Pharmaceuticals Ltd

693

11,219

*,e

Clovis Oncology, Inc

23

128,443

*

CMG Pharmaceutical Co Ltd

367

1,232

*,e

Codex DNA, Inc

7

280,762

*

Codexis, Inc

5,789

3,854

*

Codiak Biosciences, Inc

24

26,627

*,e

Cogent Biosciences, Inc

199

108,266

*

Coherus Biosciences, Inc

1,398

4,473

*

Collegium Pharmaceutical, Inc

91

272,235

*

Columbia Care, Inc

821

110,525

*,e

Compugen Ltd

356

79,889

*

Corcept Therapeutics, Inc

1,799

87,967

*,e

CorMedix Inc

482

2,643

*,e

Cortexyme Inc

16

10,218

*,e

COSMO Pharmaceuticals NV

672

10,848

*

Crinetics Pharmaceuticals, Inc

238

246,061

*,e

Cronos Group, Inc

955

466,975

 

CSL Ltd

93,228

7,320,054

 

CSPC Pharmaceutical Group Ltd

8,388

1,032,000

*,e,g

CStone Pharmaceuticals

657

2,930

*

Cue Biopharma, Inc

14

22,514

*,e

Cullinan Oncology, Inc

236

17,612

*,e

CureVac NV

345

19,749

*

Curis, Inc

47

74,949

*

Cymabay Therapeutics, Inc

233

5,402

*,e

Cyteir Therapeutics, Inc

20

61,834

*,e

Cytek Biosciences, Inc

667

99

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

35,779

*,e

Cytokinetics, Inc

$1,317

16,407

*

CytomX Therapeutics, Inc

44

43,271

 

Da An Gene Co Ltd of Sun Yat-Sen University

127

104,337

 

Daewoong Co Ltd

2,680

5,623

 

Daewoong Pharmaceutical Co Ltd

756

4,015,501

 

Daiichi Sankyo Co Ltd

87,686

1,313,193

e

Danaher Corp

385,199

6,329

*,e

Day One Biopharmaceuticals, Inc

63

692,024

 

Dechra Pharmaceuticals plc

36,741

11,468

*

Deciphera Pharmaceuticals, Inc

106

71,311

*

Denali Therapeutics, Inc

2,294

25,826

 

Dermapharm Holding SE

1,642

2,864

*,e

DermTech, Inc

42

9,075

*

Design Therapeutics, Inc

147

6,138

*,e

DICE Therapeutics, Inc

117

90,354

 

Divi S Laboratories Ltd

5,226

5,259

 

Dong-A Pharmaceutical Co Ltd

492

7,833

 

Dong-A ST Co Ltd

451

43,371

 

Dong-E-E-Jiao Co Ltd

231

35,941

 

DongKook Pharmaceutical Co Ltd

634

17,116

 

Dongwha Pharm Co Ltd

192

220,538

 

Dr Reddy's Laboratories Ltd

12,479

364,300

 

Duopharma Biotech Bhd

129

198,444

*

Durect Corp

133

479,488

*,e

Dynavax Technologies Corp

5,198

27,653

*,e

Dyne Therapeutics, Inc

267

6,612

*

Eagle Pharmaceuticals, Inc

327

6,004

*,e

Edgewise Therapeutics, Inc

58

123,576

*,e

Editas Medicine, Inc

2,350

28,418

*

Eiger BioPharmaceuticals, Inc

236

201,000

*

EirGenix, Inc

645

58,218

 

Eisai Co Ltd

2,697

319,121

*

Elanco Animal Health, Inc

8,326

1,358,832

 

Eli Lilly & Co

389,129

3,894

*

Eliem Therapeutics, Inc

33

42,149

*

Emergent Biosolutions, Inc

1,731

31,562

*

Enanta Pharmaceuticals, Inc

2,247

106,995

*

Endo International plc

247

4,092

*,e

Entrada Therapeutics, Inc

38

10,772

*

Enzychem Lifesciences Corp

259

21,886

*

Epizyme, Inc

25

27,969

*

Erasca, Inc

241

69,417

*

Ergomed plc

1,227

34,908

g

Eris Lifesciences Ltd

316

7,041

*,e

Esperion Thereapeutics, Inc

33

377,000

 

Essex Bio-technology Ltd

207

32,335

*

Eubiologics Co Ltd

654

142,700

 

Eurofins Scientific SE

14,116

6,166

*,e

Evelo Biosciences, Inc

21

27,000

*

Ever Supreme Bio Technology Co Ltd

198

152,000

*,e,g

Everest Medicines Ltd

495

265,824

*,e

Evolus, Inc

2,983

170,355

*

Evotec AG.

5,126

137,986

*

Exact Sciences Corp

9,648

8,599

*

Exagen, Inc

69

303,795

*,e

Exelixis, Inc

6,887

21,632

*,e

EyePoint Pharmaceuticals, Inc

263

606,677

 

Faes Farma S.A. (Sigma)

2,468

197,301

*

Fate Therapeutics, Inc

7,649

49,876

*

FDC Ltd

168

17,048

*

FibroGen, Inc

205

7,831

*

Finch Therapeutics Group, Inc

39

319,429

*,e

Fluidigm Corp

1,147

15,879

*

Foghorn Therapeutics, Inc

242

100

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

30,584

*,e

Forma Therapeutics Holdings, Inc

$284

7,481

*

Forte Biosciences, Inc

11

12,816

*,e

Fortress Biotech, Inc

17

34,895

*

Frequency Therapeutics, Inc

74

21,635

*

Fulcrum Therapeutics, Inc

512

45,642

*,e

G1 Therapeutics, Inc

347

1,962

*

Galapagos NV

122

53,998

*

Galapagos NV

3,363

28,817

*,e

Gemini Therapeutics, Inc

40

83,915

*

GeneOne Life Science, Inc

1,027

45,665

*

Generation Bio Co

335

17,500

*,e

Genetron Holdings Ltd (ADR)

38

18,936

*

Genexine Co Ltd

714

337,039

*

Genmab A.S. (ADR)

12,194

63,899

*

Genmab AS

23,077

811,800

e

Genomma Lab Internacional S.A. de C.V.

892

268,000

*,e,g

Genor Biopharma Holdings Ltd

170

1,063,386

*

Genscript Biotech Corp

3,336

79,943

 

Genus plc

2,964

284,501

*,e

Geron Corp

387

38,127

 

Gerresheimer AG.

2,785

2,411,223

 

Gilead Sciences, Inc

143,347

34,324

 

GlaxoSmithKline Pharmaceuticals Ltd

753

3,806,728

 

GlaxoSmithKline plc

82,366

211,229

 

Glenmark Pharmaceuticals Ltd

1,228

61,869

*

Global Blood Therapeutics, Inc

2,143

45,601

*,e

GNI Group Ltd

515

54,220

*

Gossamer Bio, Inc

471

148,414

 

Granules India Ltd

597

9,262

*

Graphite Bio, Inc

47

3,770

 

Green Cross Corp

626

25,795

 

Green Cross Holdings Corp

505

12,489

 

Green Cross LabCell Corp

751

652

*

Greenwich Lifesciences, Inc

13

64,432

e

Grifols S.A.

1,169

37,788

*

Gritstone Oncology, Inc

156

4,016

*,e

GT Biopharma, Inc

12

87,812

 

Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd

433

84,597

 

H Lundbeck AS

1,949

413,338

*

Halozyme Therapeutics, Inc

16,484

37,953

*

Hanall Biopharma Co Ltd

618

10,721

 

Hangzhou Tigermed Consulting Co Ltd - A

181

88,053

g

Hangzhou Tigermed Consulting Co Ltd - H

1,062

4,361

 

Hanmi Pharm Co Ltd

982

48,076

*,e

Hansa Biopharma AB

311

817,839

g

Hansoh Pharmaceutical Group Co Ltd

1,360

178,077

*

Harmony Biosciences Holdings, Inc

8,663

4,326

*,e

Harpoon Therapeutics, Inc

22

10,164

*

Harvard Bioscience, Inc

63

187,800

e

Haw Par Corp Ltd

1,604

19,900

*

HEALIOS KK

188

36,264

*

Helixmith Co Ltd

634

214,945

*,e

Heron Therapeutics, Inc

1,229

241,098

*,e

HEXO Corp

149

39,992

 

Hikal Ltd

211

35,169

 

Hikma Pharmaceuticals plc

949

64,700

 

Hisamitsu Pharmaceutical Co, Inc

1,927

6,984

 

HK inno N Corp

258

42,517

*

Homology Medicines, Inc

129

85,307

*

Hookipa Pharma, Inc

195

1,547,029

*

Horizon Therapeutics Plc

162,763

2,548,684

*,†,e

Hua Han Health Industry Holdings Ltd

20

714,500

*,g

Hua Medicine

352

77,920

 

Hualan Biological Engineering, Inc

249

101

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,704

*

Hugel, Inc

$992

5,596

*

Humanigen, Inc

17

74,354

 

Humanwell Healthcare Group Co Ltd

202

12,408

 

Huons Co Ltd

481

6,297

 

Huons Global Co Ltd

159

58,580

*,e

Hutchison China MediTech Ltd (ADR)

1,108

244,844

 

Hypermarcas S.A.

1,991

220,788

*,e

iBio, Inc

95

58,265

*

ICON plc

14,171

13,953

*,e

Icosavax, Inc

98

30,373

*

Ideaya Biosciences, Inc

340

133,053

*,e

Idorsia Ltd

2,658

1,054

*,e

IGM Biosciences, Inc

28

23,748

*,e

Ikena Oncology, Inc

145

312,580

*

Illumina, Inc

109,215

26,207

 

Ilyang Pharmaceutical Co Ltd

582

27,300

*

I-Mab (ADR)

443

6,137

*,e

Imago Biosciences, Inc

118

14,900

*

Imeik Technology Development Co Ltd

1,108

5,014

*

Immuneering Corp

32

36,864

*

Immunic, Inc

417

57,243

*,e

ImmunityBio, Inc

321

833,654

*

Immunogen, Inc

3,968

102,000

*,e

Immunotech Biopharm Ltd

72

72,928

*,e

Immunovant, Inc

402

1,889

*,e

Impel Neuropharma, Inc

12

6,074,528

*

Imugene Ltd

1,113

149,542

*

Incyte Corp

11,877

858,934

*

Indivior plc

3,162

14,603

*,e

Infinity Pharmaceuticals, Inc

17

3,463

*

Inhibrx, Inc

77

802,573

*,g

Innovent Biologics, Inc

2,701

329,838

*

Innoviva, Inc

6,382

57,921

*,e

Inotiv, Inc

1,516

185,114

*,e

Inovio Pharmaceuticals, Inc

665

15,237

*,e

Inozyme Pharma, Inc

62

106,643

*

Insmed, Inc

2,506

29,330

*,e

Instil Bio, Inc

315

112,982

*

Intellia Therapeutics, Inc

8,210

52,939

*,e

Intercept Pharmaceuticals, Inc

861

67,414

*

Intra-Cellular Therapies, Inc

4,125

42,460

*

iNtRON Biotechnology, Inc

760

29,904

 

IOL Chemicals and Pharmaceuticals Ltd

139

45,578

*

Ionis Pharmaceuticals, Inc

1,688

110,440

*

Iovance Biotherapeutics, Inc

1,839

169,263

 

Ipca Laboratories Ltd

2,374

8,252

 

Ipsen

1,033

345,014

*

IQVIA Holdings, Inc

79,771

882,445

*

Ironwood Pharmaceuticals, Inc

11,101

381

*,e

IsoPlexis Corp

1

39,471

*

iTeos Therapeutics, Inc

1,270

136,964

*

IVERIC bio, Inc

2,305

7,200

*,e

Janux Therapeutics, Inc

103

80,281

*

Jazz Pharmaceuticals plc

12,497

35,325

 

JB Chemicals & Pharmaceuticals Ltd

732

79,044

 

JCR Pharmaceuticals Co Ltd

1,454

5,967

 

Jeil Pharmaceutical Co Ltd

137

267,011

 

Jiangsu Hengrui Medicine Co Ltd

1,544

4,327,217

 

Johnson & Johnson

766,913

69,458

 

Joincare Pharmaceutical Group Industry Co Ltd

134

13,080

 

Joinn Laboratories China Co Ltd

236

74,606

*

Jounce Therapeutics, Inc

507

63,434

 

Jubilant Organosys Ltd

324

156,500

*,e,g

JW Cayman Therapeutics Co Ltd

160

102

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

43,879

 

Kaken Pharmaceutical Co Ltd

$1,395

31,708

*,e

Kala Pharmaceuticals, Inc

44

23,010,706

 

Kalbe Farma Tbk PT

2,579

4,740

*,e

Kaleido Biosciences Inc

8

4,413

*

KalVista Pharmaceuticals Inc

65

71,304

*,e

Karo Pharma AB

408

2,840

*

Karuna Therapeutics, Inc

360

560,453

*,e

Karyopharm Therapeutics, Inc

4,131

18,500

*,e

KemPharm, Inc

93

17,462

*

Keros Therapeutics, Inc

950

30,671

*

Kezar Life Sciences, Inc

510

16,543

*

Kiniksa Pharmaceuticals Ltd

164

23,157

*,e

Kinnate Biopharma, Inc

261

34,800

 

Kissei Pharmaceutical Co Ltd

725

124,070

*

Knight Therapeutics, Inc

518

3,527

*

Kodiak Sciences, Inc

27

38,966

*

Komipharm International Co Ltd

301

10,852

 

Korea United Pharm Inc

396

32,761

*

Kronos Bio, Inc

237

10,865

*

Krystal Biotech Inc

723

16,625

 

Kukjeon Pharmaceutical Co Ltd

132

54,861

*

Kura Oncology, Inc

882

15,774

*

Kymera Therapeutics, Inc

668

49,781

 

Kyorin Co Ltd

723

164,815

 

Kyowa Hakko Kogyo Co Ltd

3,834

17,964

 

L&C Bio Co Ltd

550

25,865

 

Laboratorios Farmaceuticos Rovi S.A

1,917

3,166

*

Landos Biopharma, Inc

5

405,852

g

Laurus Labs Ltd

3,144

49,240

*

Legend Biotech Corp (ADR)

1,789

24,996

*

LegoChem Biosciences, Inc

959

47,554

*

Lexicon Pharmaceuticals, Inc

99

11,728

*

Ligand Pharmaceuticals, Inc (Class B)

1,319

125,905

*,e

Lineage Cell Therapeutics, Inc

194

25,417

 

Livzon Pharmaceutical Group, Inc

154

296,540

 

Lonza Group AG.

214,874

93,000

 

Lotus Pharmaceutical Co Ltd

435

154,097

 

Lupin Ltd

1,514

2,240,000

*,e,g

Luye Pharma Group Ltd

852

131,596

*,e

Lyell Immunopharma, Inc

665

67,390

*

MacroGenics, Inc

594

1,253

*

Madrigal Pharmaceuticals, Inc

123

9,114

*

Magenta Therapeutics, Inc

26

661,984

*,e

MannKind Corp

2,436

161,173

*

Maravai LifeSciences Holdings, Inc

5,685

4,346

*,e

Marinus Pharmaceuticals, Inc

41

44,759

*,e

MaxCyte, Inc

313

1,702,337

*

Mayne Pharma Group Ltd

318

174,000

*

Medigen Vaccine Biologics Corp

1,621

36,225

*

Medpace Holdings, Inc

5,926

13,547

*

MedPacto, Inc

395

5,520

*

Medy-Tox, Inc

592

246,800

 

Mega Lifesciences PCL

338

18,622

*

MEI Pharma, Inc

11

26,722

*

MeiraGTx Holdings plc

370

2,829,245

 

Merck & Co, Inc

232,140

470,558

 

Merck KGaA

98,269

7,260

 

Merck Ltd

383

48,780

*

Mersana Therapeutics, Inc

195

705,560

*,e

Mesoblast Ltd

597

26,403

*

Mettler-Toledo International, Inc

36,256

7,333

*

Mezzion Pharma Co Ltd

440

122,142

*,e

MiMedx Group, Inc

575

623,940

*,e

Mind Medicine MindMed, Inc

693

103

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

420,716

*,e

Mind Medicine MindMed, Inc

$464

41,302

*

Mirati Therapeutics, Inc

3,396

64,535

*

Mirum Pharmaceuticals, Inc

1,421

27,091

*,e

Mithra Pharmaceuticals S.A.

373

26,475

 

Mochida Pharmaceutical Co Ltd

808

260,170

*

Moderna, Inc

44,817

25,637

*,e

Molecular Partners AG.

516

8,527

*,e

Molecular Templates, Inc

29

7,677

*,e

Monte Rosa Therapeutics, Inc

108

10,308

*

Morphic Holding, Inc

414

71,020

*

Morphosys AG.

1,925

76,314

*,e

Mustang Bio, Inc

77

65,983

*

Myriad Genetics, Inc

1,663

42,487

 

Nanjing King-Friend Biochemical Pharmaceutical Co Ltd

210

32,892

*,e

NanoString Technologies, Inc

1,143

109,984

 

Natco Pharma Ltd

1,098

82,241

*

Natera, Inc

3,346

61,114

*

Naturecell Co Ltd

908

129,503

*

Nektar Therapeutics

698

39,132

*

NeoGenomics, Inc

475

29,475

*,e

Neoleukin Therapeutics, Inc

55

77,055

*

Neurocrine Biosciences, Inc

7,224

10,723

*

NexImmune, Inc

45

165,643

*

NGM Biopharmaceuticals Inc

2,526

58,555

*

NH Special Purpose Acquisition 11 Co Ltd

659

50,002

 

Nichi-iko Pharmaceutical Co Ltd

318

13,300

 

Nippon Shinyaku Co Ltd

904

14,210

*,e

Nkarta, Inc

162

31,429

*

NKMax Co Ltd

526

2,028,240

 

Novartis AG.

178,062

49,651

*,e

Novavax, Inc

3,657

1,985,191

 

Novo Nordisk AS

220,190

16,580

*

Nurix Therapeutics, Inc

232

6,520

*,e

Nuvalent, Inc

91

24,374

*,e

Nuvation Bio, Inc

128

189,452

*

OBI Pharma, Inc

732

260,864

*,e

Ocugen, Inc

861

108,109

*

Ocular Therapeutix, Inc

535

163,500

*,e,g

Ocumension Therapeutics

208

89,648

*,e

Olema Pharmaceuticals, Inc

382

9,350

*

OliX Pharmaceuticals, Inc

207

4,600

*,e

Omega Therapeutics, Inc

29

7,481

*,e

Omeros Corp

45

187,918

*,e

Oncocyte Corp

280

47,852

*,e

Oncorus, Inc

85

124,096

*,e

Oncternal Therapeutics, Inc

172

145,679

*

Oneness Biotech Co Ltd

1,087

377,388

 

Ono Pharmaceutical Co Ltd

9,459

1,098,098

*,e

Opko Health, Inc

3,777

4,874

*

Oramed Pharmaceuticals, Inc

42

305,448

*,e

Organigram Holdings, Inc

508

203,030

*

Organogenesis Holdings Inc

1,547

188,541

 

Organon & Co

6,586

25,239

*,e

ORIC Pharmaceuticals, Inc

135

23,134

e

Orion Oyj (Class B)

1,051

27,617

*

Oscotec, Inc

634

93,080

 

Otsuka Holdings KK

3,216

17,931

*,e

Outlook Therapeutics, Inc

32

75,152

*

Oxford Biomedica plc

665

85,000

*

Oxford Nanopore Technologies plc

442

30,459

*,e

Oyster Point Pharma, Inc

355

237,539

*,e

Pacific Biosciences of California, Inc

2,162

183,056

*

Pacira BioSciences Inc

13,971

378,838

*

Paion AG.

488

104

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

10,668

*,e

Paratek Pharmaceuticals, Inc

$32

120,733

*

Passage Bio, Inc

374

351,100

*

PeptiDream, Inc

6,239

120,246

 

PerkinElmer, Inc

20,978

108,764

 

Perrigo Co plc

4,180

41,082

*

Personalis, Inc

336

6,721,750

 

Pfizer, Inc

347,985

24,000

e

Pharma Foods International Co Ltd

385

16,981

e

Pharma Mar S.A.

1,281

6,721

 

PHARMA RESEARCH PRODUCTS Co Ltd

505

12,400

 

PharmaBlock Sciences Nanjing, Inc

187

69,951

*,†

Pharmally International Holding Co Ltd

0^

27,300

 

Pharmaron Beijing Co Ltd - A

506

97,082

g

Pharmaron Beijing Co Ltd - H

1,168

57,248

*

Pharmicell Co Ltd

532

681,469

*,e

Pharming Group NV

598

2,497

*,e

Phathom Pharmaceuticals, Inc

34

123,917

 

Phibro Animal Health Corp

2,472

6,268

*,e

Pliant Therapeutics, Inc

44

14,053

*,e

PMV Pharmaceuticals, Inc

293

18,112

*,g

PolyPeptide Group AG.

1,433

4,979

*,e

Portage Biotech, Inc

33

29,729

*,e

Poseida Therapeutics, Inc

133

22,487

*

Praxis Precision Medicines, Inc

230

263,915

*,e

Precigen, Inc

557

8,103

*

Precision BioSciences Inc

25

19,465

*,e

Prelude Therapeutics, Inc

134

65,492

*

Prestige Consumer Healthcare, Inc.

3,467

83,715

*,†

Progenics Pharmaceuticals, Inc

0

22,775

*

Prometheus Biosciences, Inc

860

25,669

*

Protagonist Therapeutics, Inc

608

203,970

*

Prothena Corp plc

7,459

52,650

*,e

Provention Bio, Inc

385

50,596

*

PTC Therapeutics, Inc

1,888

6,314

*

Puma Biotechnology, Inc

18

4,382

*

Pyxis Oncology, Inc

18

181,039

*

QIAGEN NV

8,871

127,492

*

QIAGEN NV

6,256

22,232

*

Quanterix Corp

649

342,256

*

Radius Health, Inc

3,022

5,244

*,e

Rain Therapeutics, Inc

27

1,754

*,e

Rallybio Corp

12

4,796

*,e

Rapid Micro Biosystems, Inc

33

2,769

*

RAPT Therapeutics, Inc

61

6,871

*,e

Reata Pharmaceuticals, Inc

225

74,860

 

Recordati S.p.A.

3,753

76,309

*

Recursion Pharmaceuticals, Inc

546

102,647

*

Regeneron Pharmaceuticals, Inc

71,691

18,473

*

REGENXBIO, Inc

613

28,390

*

Relay Therapeutics, Inc

850

1,938,327

*,e

Relief Therapeutics Holding AG.

130

3,894

*

Relmada Therapeutics, Inc

105

1,923

*,e

Reneo Pharmaceuticals, Inc

6

55,118

*

Repligen Corp

10,367

11,168

*

Replimune Group, Inc

190

8,629

*

Revance Therapeutics, Inc

168

43,860

*,e

REVOLUTION Medicines, Inc

1,119

6,919

 

Reyon Pharmaceutical Co Ltd

169

40,834

*

Rhythm Pharmaceuticals, Inc

470

220,652

e

Richter Gedeon Rt

4,664

79,187

*,e

Rigel Pharmaceuticals, Inc

237

970,892

 

Roche Holding AG.

384,145

6,931

e

Roche Holding AG.

3,031

171,556

*

Rocket Pharmaceuticals, Inc

2,721

105

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

312,822

 

Royalty Pharma plc

$12,188

5,230

*,e

Rubius Therapeutics, Inc

29

89,036

*

Sage Therapeutics, Inc

2,947

15,769

*

Sam Chun Dang Pharm Co Ltd

462

25,545

*,g

Samsung Biologics Co Ltd

17,357

82,163

*,e

Sana Biotechnology, Inc

679

25,824

*,e

SanBio Co Ltd

253

235,902

*

Sangamo Therapeutics Inc

1,371

10,443

 

Sanofi India Ltd

1,032

1,249,040

 

Sanofi-Aventis

127,701

87,683

 

Santen Pharmaceutical Co Ltd

877

119,390

*

Sarepta Therapeutics, Inc

9,327

24,420

e

Sartorius Stedim Biotech

9,998

58,359

 

Saudi Pharmaceutical Industries & Medical Appliances Corp

577

49,417

 

Sawai Group Holdings Co Ltd

1,804

7,328

*,e

Scholar Rock Holding Corp

94

347,000

 

Scinopharm Taiwan Ltd

282

661,298

*

Seagen, Inc

95,260

23,498

 

Seegene, Inc

985

17,556

*,e

Seelos Therapeutics, Inc

15

39,726

*,e

Seer, Inc

605

52,500

 

Seikagaku Corp

375

430,463

*

Selecta Biosciences, Inc

529

22,429

*

Sensei Biotherapeutics, Inc

52

2,561

*

Sera Prognostics, Inc

10

66,571

*

Seres Therapeutics, Inc

474

28,465

*,e

Sesen Bio, Inc

17

54,213

 

Shandong Buchang Pharmaceuticals Co Ltd

203

132,788

 

Shanghai Fosun Pharmaceutical Group Co Ltd - A

1,110

337,929

 

Shanghai Fosun Pharmaceutical Group Co Ltd - H

1,638

383,000

 

Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd

182

594,000

 

Shanghai Haixin Group Co

192

79,000

*,e,g

Shanghai Henlius Biotech, Inc

208

42,696

*

Shanghai Junshi Biosciences Co Ltd

587

4,213

 

Shanghai Medicilon, Inc

301

416,337

 

Shanghai RAAS Blood Products Co Ltd

392

9,908

*

Shattuck Labs, Inc

42

27,230

 

Shenzhen Kangtai Biological Products Co Ltd

398

64,425

 

Shenzhen Salubris Pharmaceuticals Co Ltd

222

60,007

 

Shijiazhuang Yiling Pharmaceutical Co Ltd

316

33,356

 

Shilpa Medicare Ltd

174

41,941

e

Shin Poong Pharmaceutical Co Ltd

1,325

307,622

 

Shionogi & Co Ltd

18,901

110,255

 

Sichuan Kelun Pharmaceutical Co Ltd

300

4,739

 

Siegfried Holding AG.

3,906

5,984

*

SIGA Technologies, Inc

42

10,125

*

Sigilon Therapeutics, Inc

15

4,630,000

e

Sihuan Pharmaceutical Holdings

917

13,434

*,†,e

SillaJen, Inc

0^

15,554

*

Silverback Therapeutics, Inc

55

9,787

*

Singular Genomics Systems, Inc

62

7,286,236

 

Sino Biopharmaceutical

4,524

17,426

*

SK Biopharmaceuticals Co Ltd

1,283

25,408

*

SK Bioscience Co Ltd

3,259

13,490

 

Solara Active Pharma Sciences Ltd

118

67,559

*

Solid Biosciences, Inc

81

165,084

*,e

Sorrento Therapeutics, Inc

385

89,208

*

Sosei Group

1,025

96,773

*

Sotera Health Co

2,096

32,280

*

Spectrum Pharmaceuticals, Inc

42

4,798

*,e

Spero Therapeutics, Inc

42

16,529

*

SpringWorks Therapeutics, Inc

933

8,720

*,e

Spruce Biosciences, Inc

18

23,802

*,e

SQZ Biotechnologies Co

114

106

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,424,000

e

SSY Group Ltd

$639

11,390

 

ST Pharm Co Ltd

903

2,427

*

Stoke Therapeutics, Inc

51

70,076

 

Strides Arcolab Ltd

319

47,075

 

Sumitomo Dainippon Pharma Co Ltd

464

19,160

*,e

Summit Therapeutics, Inc

47

77,310

*

Sun Pharma Advanced Research Company Ltd

301

1,784,472

 

Sun Pharmaceutical Industries Ltd

21,478

141,099

*

Supernus Pharmaceuticals, Inc

4,560

33,498

*,e

Surface Oncology, Inc

98

39,171

*

Sutro Biopharma, Inc

322

89,600

 

Suven Pharmaceuticals Ltd

728

381,540

 

SwedenCare AB

4,843

32,577

*

Syndax Pharmaceuticals, Inc

566

142,556

*

Syneos Health, Inc

11,540

134,004

*,g

Syngene International Ltd

1,052

37,765

*

Syros Pharmaceuticals, Inc

45

517,000

*

Taigen Biopharmaceuticals Holdings Ltd

305

178,000

*

TaiMed Biologics, Inc

390

9,278

 

Taisho Pharmaceutical Holdings Co Ltd

431

184,233

 

Takara Bio, Inc

3,370

1,267,294

 

Takeda Pharmaceutical Co Ltd

36,108

6,403

*

Talaris Therapeutics, Inc

63

140,000

*

Tanvex BioPharma, Inc

269

28,903

*,e

Taro Pharmaceutical Industries Ltd

1,250

3,417

*

Tarsus Pharmaceuticals, Inc

57

19,901

*,e

Taysha Gene Therapies, Inc

130

89,110

*,e

TCR2 Therapeutics Inc

246

23,982

 

Tecan Group AG.

9,481

223,199

*

Telix Pharmaceuticals Ltd

691

8,569

*,e

Tenaya Therapeutics, Inc

101

8,344

*

Terns Pharmaceuticals, Inc

25

247,118

*

Teva Pharmaceutical Industries Ltd (ADR)

2,320

41,296

*

TG Therapeutics, Inc

393

71,517

*,e

TherapeuticsMD, Inc

27

12,353

*

Theravance Biopharma, Inc

118

397,566

 

Thermo Fisher Scientific, Inc

234,822

4,118

*

Theseus Pharmaceuticals, Inc

47

209,000

e

Tianjin ZhongXin Pharmaceutical Group Corp Ltd

223

652,000

 

Tong Ren Tang Technologies Co Ltd

552

342,299

*,e

Tonix Pharmaceuticals Holding Corp

79

14,465

 

Torii Pharmaceutical Co Ltd

371

56,414

 

Torrent Pharmaceuticals Ltd

2,071

32,013

 

Towa Pharmaceutical Co Ltd

719

78,516

*

Travere Therapeutics, Inc

2,023

126,310

*,e

Trevena, Inc

69

68,500

 

Tsumura & Co

1,791

208,000

 

TTY Biopharm Co Ltd

500

59,129

*

Turning Point Therapeutics Inc

1,588

46,088

*

Twist Bioscience Corp

2,276

5,249

*

Tyra Biosciences, Inc

56

67,075

e

UCB S.A.

8,022

63,557

*

Ultragenyx Pharmaceutical, Inc

4,616

1,075,562

 

United Laboratories Ltd

563

143,281

*

United Therapeutics Corp

25,706

35,458

*,e

UroGen Pharma Ltd

309

354,751

*

Vaccibody AS.

1,752

85,131

*,e

Valneva SE

1,457

47,861

*

Vanda Pharmaceuticals, Inc

541

26,313

*,e

Vaxart Inc

133

9,255

*

Vaxcell-Bio Therapeutics Co Ltd

345

25,982

*

Vaxcyte, Inc

627

217,155

*,e

VBI Vaccines, Inc

360

4,492

*,e

Ventyx Biosciences, Inc

61

107

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

4,535

*

Vera Therapeutics, Inc

$107

79,157

*

Veracyte, Inc

2,182

23,622

*

Verastem, Inc

33

62,510

*,e

Vericel Corp

2,389

2,543

*,e

Verrica Pharmaceuticals, Inc

21

284,812

*

Vertex Pharmaceuticals, Inc

74,327

20,311

*,e

Verve Therapeutics, Inc

463

1,010,512

 

Viatris, Inc

10,994

10,980

*

Vifor Pharma AG.

1,958

466

*

Vigil Neuroscience, Inc

3

64,258

*

Viking Therapeutics, Inc

193

13,551

*

Vincerx Pharma, Inc

54

243,709

*

Vir Biotechnology, Inc

6,268

29,817

*

Viracta Therapeutics, Inc

142

5,141

 

Virbac S.A.

2,055

51,735

*

VistaGen Therapeutics, Inc

64

80,682

 

Vitrolife AB

2,653

643,500

e,g

Viva Biotech Holdings

252

12,349

*,e

Vor BioPharma, Inc

75

67,528

 

Walvax Biotechnology Co Ltd

581

114,254

*

Waters Corp

35,463

8,430

*

WaVe Life Sciences Ltd

17

6,900

*

Werewolf Therapeutics, Inc

30

247,330

 

West Pharmaceutical Services, Inc

101,581

3,786,404

 

Winteam Pharmaceutical Group Ltd

1,966

65,933

*

Wockhardt Ltd

228

104,258

 

WuXi AppTec Co Ltd - A

1,831

244,637

g

WuXi AppTec Co Ltd - H

3,822

7,491,150

*,g

Wuxi Biologics Cayman, Inc

59,484

14,306

 

XBiotech, Inc

124

7,538

*

Xencor, Inc

201

569

*

Xilio Therapeutics, Inc

4

11,354

*,e

XOMA Corp

318

4,823

*

Y-mAbs Therapeutics, Inc

57

30,681

 

Yuhan Corp

1,472

87,531

*

Yungjin Pharmaceutical Co Ltd

373

227,000

 

YungShin Global Holding Corp

334

57,148

 

Yunnan Baiyao Group Co Ltd

735

51,917

*,e

Zai Lab Ltd (ADR)

2,283

44,237

*

Zealand Pharma AS

680

14,075

*

Zentalis Pharmaceuticals, Inc

649

25,500

 

Zeria Pharmaceutical Co Ltd

397

24,501

 

Zhangzhou Pientzehuang Pharmaceutical Co Ltd

1,218

54,058

 

Zhejiang Huahai Pharmaceutical Co Ltd

179

37,100

 

Zhejiang Jiuzhou Pharmaceutical Co Ltd

284

109,416

 

Zhejiang NHU Co Ltd

544

11,467

 

Zhejiang Wolwo Bio-Pharmaceutical Co Ltd

70

792,237

*,e

ZIOPHARM Oncology, Inc

517

1,126,659

 

Zoetis, Inc

212,477

5,323

*,e

Zogenix, Inc

4

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

8,927,964

REAL ESTATE - 3.0%

 

 

 

924,611

 

Abacus Property Group

2,278

236,444

 

Acadia Realty Trust

5,124

941

 

Activia Properties Inc

3,281

1,600

 

Advance Residence Investment Corp

4,516

75,178

e

Aedifica S.A.

9,454

130,000

 

Aeon Mall Co Ltd

1,730

1,855

 

AEON REIT Investment Corp

2,295

13,901

 

AFI Properties Ltd

829

888,302

e

Agile Property Holdings Ltd

447

68,680

 

Agree Realty Corp

4,558

652,100

 

AIMS AMP Capital Industrial REIT

667

108

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

83,500

*

Airport City Ltd

$1,900

4,344,666

 

Aldar Properties PJSC

5,816

91,653

e,g

ALDER Group S.A.

1,212

140,511

 

Alexander & Baldwin, Inc

3,258

269

 

Alexander's, Inc

69

168,328

 

Alexandria Real Estate Equities, Inc

33,876

143,100

 

Aliansce Sonae Shopping Centers sa

696

408,276

g

A-Living Services Co Ltd

565

75,032

 

Allied Properties Real Estate Investment Trust

2,799

18,628

 

Allreal Holding AG.

3,988

179,669

 

Alony Hetz Properties & Investments Ltd

2,978

5,381

 

Altarea SCA

917

50,314

 

Altus Group Ltd

2,032

1,104,600

 

Amata Corp PCL (Foreign)

732

42,244

 

American Assets Trust, Inc

1,601

86,697

 

American Campus Communities, Inc

4,852

195,276

 

American Finance Trust, Inc

1,545

2,340,688

 

American Homes 4 Rent

93,698

537,326

 

American Tower Corp

134,987

273,345

 

Americold Realty Trust

7,621

276,820

 

Amot Investments Ltd

2,074

122,212

 

Apartment Income REIT Corp

6,533

126,233

*

Apartment Investment and Management Co

924

188,700

 

Apple Hospitality REIT, Inc

3,391

1,640,041

e

ARA LOGOS Logistics Trust

1,027

600,800

 

AREIT, Inc

532

405,951

 

Arena REIT

1,486

979,179

 

Argosy Property Ltd

933

76,566

 

Armada Hoffler Properties, Inc

1,118

369,520

 

Aroundtown S.A.

2,112

86,690

 

Arriyadh Development Co

636

76,474

 

Artis Real Estate Investment Trust

800

1,071,400

 

Ascendas India Trust

937

3,685,063

 

Ascendas REIT

7,941

2,275,304

e

Ascott Trust

1,888

12,376

*,e

Ashford Hospitality Trust, Inc

126

2,857,900

 

Asian Property Development PCL (Foreign)

943

3,357,832

 

Assura Group Ltd

2,951

53,062

 

Atrium Ljungberg AB

1,087

398,705

 

AvalonBay Communities, Inc

99,026

1,383,200

 

Axis Real Estate Investment Trust

612

9,067,908

 

Ayala Land, Inc

6,123

4,761,352

*,†

AZ BGP Holdings

14

9,527

 

Azrieli Group

837

10,549,900

 

Bangkok Land PCL

324

2,526,547

 

Barwa Real Estate Co

2,420

164,398

 

Bayside Land Corp

1,933

29,308

 

Befimmo SCA Sicafi

1,533

12,870

 

Big Shopping Centers Ltd

1,987

376,644

 

Big Yellow Group plc

7,593

6,591

 

Blue Square Real Estate Ltd

563

1,001,330

 

BMO Commercial Property Trust Ltd

1,515

20,098

 

Boardwalk REIT

945

129,640

 

Boston Properties, Inc

16,698

2,239,940

*

BR Malls Participacoes S.A.

4,366

229,100

 

BR Properties S.A.

428

47,139

 

BraeMar Hotels & Resorts, Inc

291

866,812

 

Brandywine Realty Trust

12,257

109,180

 

Brigade Enterprises Ltd

739

260,862

 

British Land Co plc

1,806

22,538

 

Brixmor Property Group, Inc

582

137,791

 

Broadstone Net Lease, Inc

3,001

103,723

g

Brookfield India Real Estate Trust

428

8,748

 

Brt Realty Trust

210

109

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

29,199

 

BSR Real Estate Investment Trust

$600

7,215,900

*

Bumi Serpong Damai Tbk PT

511

581,515

 

Bunnings Warehouse Property Trust

1,744

539,000

 

C&D International Investment Group Ltd

1,174

642,000

*,e

C&D Property Management Group Co Ltd

326

57,186

 

CA Immobilien Anlagen AG.

1,772

3,492,134

e

Cambridge Industrial Trust

1,106

6,904

 

Camden Property Trust

1,147

169,105

 

Canadian Apartment Properties REIT

7,257

854,079

 

Capital & Counties Properties

1,949

3,089,188

*

Capitaland Investment Ltd

9,052

5,130,811

 

CapitaMall Trust

8,488

1,349,287

 

CapitaRetail China Trust

1,200

82,273

 

CareTrust REIT, Inc

1,588

78,702

 

Carmila S.A.

1,239

317,315

e

Castellum AB

7,834

49,885

 

CatchMark Timber Trust, Inc

409

34,695

 

Catena AB

2,090

971,000

 

Cathay Real Estate Development Co Ltd

639

331,247

 

CBRE Group, Inc

30,316

888,020

 

CDL Hospitality Trusts

841

490,039

 

Cencosud Shopping S.A.

575

11,598

 

Centerspace

1,138

2,016,000

 

Central China Management Co Ltd

316

278,000

e

Central China New Life Ltd

153

865,000

e

Central China Real Estate Ltd

83

2,194,082

 

Central Pattana PCL

3,875

1,073,359

 

Centuria Capital Group

2,288

695,283

 

Centuria Industrial REIT

1,988

730,525

 

Centuria Office REIT

1,198

2,747,806

 

Champion Real Estate Investment Trust

1,249

806,801

 

Charter Hall Education Trust

2,361

566,156

 

Charter Hall Group

6,880

1,671,590

 

Charter Hall Long Wale REIT

6,631

41,628

*

Chatham Lodging Trust

574

1,221,000

e

China Aoyuan Group Ltd

182

4,573,156

 

China Jinmao Holdings Group Ltd

1,349

1,246,000

 

China Merchants Land Ltd

115

573,127

 

China Merchants Shekou Industrial Zone Holdings Co Ltd

1,370

1,134,000

 

China Overseas Grand Oceans Group Ltd

659

3,463,786

 

China Overseas Land & Investment Ltd

10,307

1,050,119

 

China Overseas Property Holdings Ltd

1,239

3,564,602

 

China Resources Land Ltd

16,505

675,400

g

China Resources Mixc Lifestyle Services Ltd

3,306

1,676,000

 

China SCE Group Holdings Ltd

301

4,730,000

 

China South City Holdings Ltd

413

1,997,738

 

China Vanke Co Ltd

4,493

688,815

 

China Vanke Co Ltd (Class A)

2,071

547,000

 

Chinese Estates Holdings Ltd

157

209,069

 

Choice Properties REIT

2,590

234,000

 

Chong Hong Construction Co

597

44,308

 

Cibus Nordic Real Estate AB

1,179

2,779,107

 

CIFI Holdings Group Co Ltd

1,620

425,153

 

City Developments Ltd

2,458

37,383

 

City Office REIT, Inc

660

75,744

e

Citycon Oyj

573

781,807

 

Civitas Social Housing plc

898

2,103,301

 

CK Asset Holdings Ltd

14,377

1,259

 

Clipper Realty, Inc

11

218,844

 

CLS Holdings plc

574

36,610

 

Cofinimmo

5,332

41,064

 

Colliers International Group, Inc

5,352

374,000

e

Colour Life Services Group

29

759

 

Comforia Residential REIT, Inc

2,045

110

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

36,148

 

Community Healthcare Trust, Inc

$1,526

300,700

 

Concentradora Fibra Danhos S.A. de C.V.

357

825,766

e

Corem Property Group AB

2,143

19,967

*,e

Corestate Capital Holding S.A.

186

863,171

e

Corp Inmobiliaria Vesta SAB de C.V.

1,651

97,034

 

Corporate Office Properties Trust

2,769

1,982,000

*,e

Cosmopolitan International Holdings Ltd

363

9,010,898

e

Country Garden Holdings Co Ltd

6,898

2,018,400

 

Country Garden Services Holdings Co Ltd

8,503

136,211

 

Cousins Properties, Inc

5,488

5,047

 

CRE Logistics REIT, Inc

8,581

57,259

 

Crombie Real Estate Investment Trust

840

368,000

 

Cromwell European Real Estate Investment Trust

928

1,678,221

 

Cromwell Group

1,038

866,254

 

Crown Castle International Corp

159,911

62,335

 

CT Real Estate Investment Trust

882

5,208

e

CTO Realty Growth, Inc

345

193,319

 

CubeSmart

10,058

441,484

*

Cushman & Wakefield plc

9,055

452,505

 

Custodian Reit plc

605

406,000

e

DaFa Properties Group Ltd

201

71,922

 

Daito Trust Construction Co Ltd

7,634

557,781

 

Daiwa House Industry Co Ltd

14,541

2,257

 

Daiwa House REIT Investment Corp

6,085

386

 

Daiwa Office Investment Corp

2,396

2,206

 

Daiwa Securities Living Investments Corp

2,081

370,015

*

Dar Al Arkan Real Estate Development Co

1,072

347,000

e

Datang Group Holdings Ltd

171

200,283

 

Derwent London plc

8,407

195,483

 

Deutsche Annington Immobilien SE

9,112

64,850

 

Deutsche Euroshop AG.

1,195

1,059,000

e

Dexin China Holdings Co Ltd

406

257,119

 

Dexus Industria REIT

651

686,020

 

Dexus Property Group

5,600

181,290

*

DiamondRock Hospitality Co

1,831

90,819

 

DIC Asset AG.

1,451

204,784

 

Digital Realty Trust, Inc

29,038

417,863

*

DigitalBridge Group, Inc

3,009

109,326

 

Dios Fastigheter AB

1,186

756,865

 

Diversified Healthcare Trust

2,422

724,978

 

DLF Ltd

3,613

87,636

 

Dongwon Development Co Ltd

389

456,263

 

Douglas Elliman, Inc

3,331

70,491

 

Douglas Emmett, Inc

2,356

141,117

 

Dream Industrial Real Estate Investment Trust

1,822

29,878

 

Dream Office Real Estate Investment Trust

666

29,208

 

DREAM Unlimited Corp

1,164

620,109

 

Duke Realty Corp

36,004

437,000

*,†

Eagle Hospitality Trust

4

71,497

 

Easterly Government Properties, Inc

1,511

80,654

 

EastGroup Properties, Inc

16,395

30,152

 

Electra Real Estate Ltd

572

1,326,623

*

Emaar Development PJSC

1,599

292,501

*

Emaar Economic City

906

4,564,085

 

Emaar Properties PJSC

7,414

510,948

 

Embassy Office Parks REIT

2,500

2,059,889

 

Emlak Konut Gayrimenkul Yatiri

330

124,459

 

Empire State Realty Trust, Inc

1,222

1,190,436

 

Empiric Student Property plc

1,428

80,605

g

Entra ASA

1,613

199,337

 

EPR Properties

10,906

102,049

 

Equinix, Inc

75,682

857,611

 

Equites Property Fund Ltd

1,339

92,886

*

Equity Commonwealth

2,620

111

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,249,950

 

Equity Lifestyle Properties, Inc

$95,596

456,978

 

Equity Residential

41,091

3,932,600

*,g

ESR Cayman Ltd

12,187

143,059

 

ESR Kendall Square REIT Co Ltd

824

265,521

 

Essential Properties Realty Trust, Inc

6,718

53,671

 

Essex Property Trust, Inc

18,542

50,509

 

Eurocommercial Properties NV

1,385

923,000

 

Ever Sunshine Lifestyle Services Group Ltd

1,230

 

 

Excellence Commercial Property & Facilities Management

 

313,000

 

Group Ltd

157

7,629

e

eXp World Holdings Inc

162

424,112

 

Extra Space Storage, Inc

87,197

321,312

e

Fabege AB

4,745

1,143,269

 

Far East Consortium

387

889,405

 

Far East Hospitality Trust

425

278,000

 

Farglory Land Development Co Ltd

661

24,929

e

Farmland Partners, Inc

343

127,218

*

Fastighets AB Balder

8,376

884

*

Fathom Holdings, Inc

9

108,448

 

Federal Realty Investment Trust

13,238

3,512,697

 

Fibra Uno Administracion S.A. de C.V.

4,115

8,286,000

 

Filinvest Land, Inc

173

2,715,600

 

Filinvest REIT Corp

373

136,288

 

First Capital Real Estate Investment Trust

1,957

203,180

 

First Industrial Realty Trust, Inc

12,579

47,403

 

FirstService Corp

6,857

12,125

e

Fonciere Des Regions

965

101,621

*

Forestar Group, Inc

1,805

1,428,853

 

Fortress REIT Ltd (Class A)

1,216

1,924,000

 

Fortune Real Estate Investment Trust

1,729

65,118

 

Four Corners Property Trust, Inc

1,761

89,910

 

Franklin Street Properties Corp

530

1,249,477

 

Frasers Centrepoint Trust

2,242

875,600

 

Frasers Hospitality Trust

346

7,109,745

 

Frasers Logistics & Industrial Trust

7,625

592

 

Frontier Real Estate Investment Corp

2,463

6,502

*

FRP Holdings, Inc

376

742

 

Fukuoka REIT Corp

1,023

355,659

 

Gaming and Leisure Properties, Inc

16,691

510,000

e

Ganglong China Property Group Ltd

299

75,592

 

Gazit Globe Ltd

686

548,653

 

GDI Property Group

446

11,535

 

Gecina S.A.

1,454

219,264

 

Gemdale Corp

494

13,610,000

 

Gemdale Properties and Investment Corp Ltd

1,450

33,230

 

Getty Realty Corp

951

25,262

 

Gladstone Commercial Corp

556

29,324

e

Gladstone Land Corp

1,068

51,480

 

Global Medical REIT, Inc

840

81,788

 

Global Net Lease, Inc

1,287

1,175

 

Global One Real Estate Investment Corp

1,080

1,029

 

GLP J-Reit

1,564

124,218

*

Godrej Properties Ltd

2,721

77,780

 

Goldcrest Co Ltd

1,073

1,695,804

 

Goodman Group

28,823

1,359,667

 

Goodman Property Trust

2,220

2,011,754

 

GPT Group

7,760

929,379

 

Grainger plc

3,544

127,739

 

Grand City Properties S.A.

2,552

136,876

 

Granite REIT

10,552

1,411,349

 

Great Portland Estates plc

13,106

225,744

 

Greenland Holdings Corp Ltd

192

1,056,000

 

Greenland Hong Kong Holdings Ltd

237

985,822

 

Greentown China Holdings Ltd

1,783

112

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,634,379

 

Greentown Service Group Co Ltd

$1,630

376,935

 

Growthpoint Properties Australia Ltd

1,230

4,019,008

 

Growthpoint Properties Ltd

4,049

1,344,592

e

Guangzhou R&F Properties Co Ltd

474

342,118

 

H&R Real Estate Investment Trust

3,571

81,832

 

Hamborner REIT AG.

864

3,907,622

e

Hammerson plc

1,695

1,489,442

 

Hang Lung Group Ltd

3,149

2,320,995

 

Hang Lung Properties Ltd

4,678

745

 

Hankyu Reit, Inc

940

296,039

e

Healthcare Realty Trust, Inc

8,135

228,731

 

Healthcare Trust of America, Inc

7,168

692,902

 

Healthpeak Properties Inc

23,787

37,122

 

Heiwa Real Estate Co Ltd

1,202

1,129

 

Heiwa Real Estate REIT, Inc

1,384

147,231

 

Helical Bar plc

795

422,602

 

Heliopolis Housing

134

1,560,518

 

Henderson Land Development Co Ltd

6,478

30,937

*

Hersha Hospitality Trust

281

30,539,548

 

Hibernia REIT plc

54,596

1,032,000

 

Highwealth Construction Corp

1,629

7,733

 

Highwoods Properties, Inc

354

111,346

e

Home Consortium

573

686,883

 

Home Reit plc

1,119

3,052,021

 

HomeCo Daily Needs REIT

3,277

1,338,362

 

Hongkong Land Holdings Ltd

6,539

812,879

e

Hopson Development Holdings Ltd

1,536

250

 

Hoshino Resorts REIT, Inc

1,400

956,830

 

Host Hotels and Resorts, Inc

18,591

39,531

*

Howard Hughes Corp

4,096

349,000

 

Huaku Development Co Ltd

1,097

122,744

 

Hudson Pacific Properties

3,406

135,319

 

Hufvudstaden AB (Series A)

1,921

1,602,000

e

Huijing Holdings Co Ltd

384

301,683

 

Hulic Co Ltd

2,707

1,705

 

Hulic Reit, Inc

2,329

421,566

 

Hyprop Investments Ltd

1,004

738,696

 

Hysan Development Co Ltd

2,160

39,875

 

Icade

2,565

313,725

 

Ichigo Holdings Co Ltd

807

1,479

 

Ichigo Real Estate Investment Corp

1,070

1,726,200

 

IGB Real Estate Investment Trust

628

169,400

*

Iguatemi S.A.

728

383,700

 

Iguatemi S.A.

213

3,978

 

Immobel S.A.

319

61,748

*,e

Immobiliare Grande Distribuzione SIIQ S.p.A

297

98,084

e

IMMOFINANZ AG.

2,493

504,196

 

Independence Realty Trust, Inc

13,331

233,286

*

Indiabulls Real Estate Ltd

309

3,027

e

Indus Realty Trust, Inc

221

2,267

 

Industrial & Infrastructure Fund Investment Corp

3,435

746,187

 

Industrial Buildings Corp

2,910

446,244

 

Industrial Logistics Properties Trust

10,116

2,195,708

 

Ingenia Communities Group

8,289

412,158

 

Inmobiliaria Colonial S.A.

3,757

35,243

e

Innovative Industrial Properties, Inc

7,239

60,916

g

Instone Real Estate Group AG.

1,141

82,149

 

InterRent Real Estate Investment Trust

1,051

1,487

 

Intershop Holding AG.

1,028

27,639

 

Intervest Offices

836

604,878

 

Investec Property Fund Ltd

500

19,858

 

Invincible Investment Corp

6,854

562,370

 

Invitation Homes, Inc

22,596

1,381,300

 

IOI Properties Group BHD

322

113

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

975,492

 

Irish Residential Properties REIT plc

$1,569

287,329

e

Iron Mountain, Inc

15,921

609,305

e

Irongate Group

869

135,032

 

Israel Canada T.R Ltd

737

2,300

 

Isras Investment Co Ltd

574

57,953

e

iStar Inc

1,357

707

 

ITOCHU Advance Logistics Investment Corp

915

918,635

*

IWG plc

3,143

80,232

 

Jadwa REIT Saudi Fund

311

1,483

 

Japan Excellent, Inc

1,642

13,913

 

Japan Hotel REIT Investment Corp

7,093

992

 

Japan Logistics Fund Inc

2,582

991

 

Japan Prime Realty Investment Corp

3,244

1,004

 

Japan Real Estate Investment Corp

5,259

4,677

 

Japan Retail Fund Investment Corp

3,946

142,175

 

JBG SMITH Properties

4,154

318,700

 

JHSF Participacoes S.A.

440

1,596,750

*,†

Jiangsu Future Land Co Ltd

16

2,226,000

 

Jiayuan International Group Ltd

446

475,000

 

Jingrui Holdings Ltd

101

182,105

 

Jinke Properties Group Co Ltd

141

35,463

*

Jinmao Property Services Co Ltd

22

39,880

*

Jones Lang LaSalle, Inc

9,550

139,707

 

JR Reit XXVII

642

531,000

 

JY Grandmark Holdings Ltd

145

2,307,329

 

K Wah International Holdings Ltd

869

2,718,000

e

Kaisa Group Holdings Ltd

289

664,552

 

Katitas Co Ltd

18,256

249,911

*

KE Holdings, Inc (ADR)

3,091

33,000

 

Keihanshin Building Co Ltd

404

543

 

Kenedix Realty Investment Corp

3,251

1,151

 

Kenedix Residential Investment Corp

2,012

700

 

Kenedix Retail REIT Corp

1,605

289,885

 

Kennedy-Wilson Holdings, Inc

7,070

1,673,617

 

Keppel DC REIT

2,809

2,174,891

e

Keppel REIT

1,951

1,050,914

 

Keppel-KBS US REIT

771

649,000

 

Kerry Properties Ltd

1,828

66,116

*

K-fast Holding AB

466

155,529

 

Killam Apartment Real Estate Investment Trust

2,665

126,481

 

Kilroy Realty Corp

9,666

52,619

 

Kimco Realty Corp

1,300

373,800

 

Kindom Construction Co

469

188,035

 

Kite Realty Group Trust

4,282

2,059,142

 

Kiwi Property Group Ltd

1,566

41,122

 

Klepierre

1,095

150,134

e

Kojamo Oyj

3,607

163,786

 

Korea Real Estate Investment Trust Co

316

906,406

 

KWG Group Holdings Ltd

370

2,703,800

 

KWG Living Group Holdings Ltd

997

86,425

 

Lamar Advertising Co

10,041

70,107

*

Lamda Development S.A.

483

9,660,077

 

Land and Houses PCL Co Reg

2,756

208,314

 

Land Securities Group plc

2,137

62,342

 

Lar Espana Real Estate Socimi S.A.

341

2,171

 

LaSalle Logiport REIT

3,123

283,000

*

Leading Holdings Group Ltd

147

20,645

 

LEG Immobilien AG.

2,351

706,989

 

Lend Lease Corp Ltd

5,893

1,122,826

e

Lendlease Global Commercial REIT

640

164,443

*

Leopalace21 Corp

271

242,686

 

Lexington Realty Trust

3,810

42,241

 

Life Storage, Inc

5,932

118,892

 

Lifestyle Communities Ltd

1,504

114

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,569,426

 

Link REIT

$21,882

21,709,000

*

Lippo Karawaci Tbk PT

198

283,067

 

LOG Commercial Properties e Participacoes S.A.

1,723

1,152,528

e

Logan Property Holdings Co Ltd

325

2,262,322

 

LondonMetric Property plc

8,183

2,039,593

g

Longfor Properties Co Ltd

10,433

139,094

 

LOTTE Reit Co Ltd

664

32,870

 

LTC Properties, Inc

1,265

1,084,000

*,e

LVGEM China Real Estate Investment Co Ltd

120

1,842,649

 

LXI REIT plc

3,579

676,674

 

Mabanee Co KPSC

2,046

181,412

 

Macerich Co

2,837

167,493

*

Mack-Cali Realty Corp

2,913

1,088,154

 

Macquarie CountryWide Trust

3,412

1,334,600

g

Macquarie Mexico Real Estate Management SA de CV

1,598

1,112,800

 

Mah Sing Group BHD

180

1,801,550

 

Manulife US Real Estate Investment Trust

1,214

35,779

*,†,e

Mapeley Ltd

0^

2,212,484

 

Mapletree Commercial Trust

3,078

2,431,047

 

Mapletree Industrial Trust

4,813

3,345,587

 

Mapletree Logistics Trust

4,546

2,883,800

 

Mapletree North Asia Commercial Trust

2,609

179,728

 

Marcus & Millichap, Inc

9,468

524,300

 

Matrix Concepts Holdings BHD

296

833,100

*

MBK PCL

312

179,904

 

Medical Properties Trust, Inc

3,803

28,865

 

Mega Or Holdings Ltd

1,131

14,048,000

 

Megaworld Corp

812

25,617

*

Melisron Ltd

2,131

84,087

 

Mercialys S.A

833

429,857

 

Merlin Properties Socimi S.A.

5,026

33,880

g

Metrovacesa S.A.

287

161,604

 

MGM Growth Properties LLC

6,254

14,206

 

Mid-America Apartment Communities, Inc

2,975

400,800

e,g

Midea Real Estate Holding Ltd

799

150,400

g

Mindspace Business Parks REIT

688

21,388

g

Minto Apartment Real Estate REIT NPV

367

2,257

 

Mirai Corp

978

4,084,638

 

Mirvac Group

7,574

1,197,144

 

Mitsubishi Estate Co Ltd

17,826

444

 

Mitsubishi Estate Logistics REIT Investment Corp

1,727

958,785

 

Mitsui Fudosan Co Ltd

20,520

959

 

Mitsui Fudosan Logistics Park, Inc

4,530

8,065

 

Mobimo Holding AG.

2,573

17,276

 

Montea C.V.A

2,252

10,353

 

Morguard Corp

1,142

33,914

 

Morguard North American Resid

532

3,032

 

Mori Hills REIT Investment Corp

3,756

378

 

Mori Trust Hotel Reit, Inc

392

1,208

 

Mori Trust Sogo Reit, Inc

1,416

356,700

 

Multiplan Empreendimentos Imobiliarios S.A.

1,834

17,234

*,e

Nam Tai Property, Inc

108

36,851

 

National Health Investors, Inc

2,175

1,030,883

*

National Real Estate Co KPSC

780

13,993

 

National Retail Properties, Inc

629

471,582

 

National Storage Affiliates Trust

29,597

1,388,756

 

National Storage REIT

2,794

2,428,000

 

Neo-China Land Group Holdings Ltd

218

480,949

 

NEPI Rockcastle plc

3,203

21,640

 

NESCO Ltd

157

67,448

 

NETSTREIT Corp

1,514

1,638,193

 

New World Development Co Ltd

6,646

334,756

 

Newmark Group, Inc

5,329

47,914

 

Nexity

1,687

115

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

60,867

 

NexPoint Residential Trust, Inc

$5,497

551

 

Nippon Accommodations Fund, Inc

2,897

1,484

 

Nippon Building Fund, Inc

8,418

2,106

 

Nippon ProLogis REIT, Inc

6,149

538

 

NIPPON REIT Investment Corp

1,688

77,425

 

Nomura Real Estate Holdings, Inc

1,854

4,504

 

Nomura Real Estate Master Fund, Inc

5,954

128,199

 

NorthWest Healthcare Properties Real Estate Investment Trust

1,412

23,979

 

NSI NV

1,053

220,205

 

Nyfosa AB

3,148

154,173

*

Oberoi Realty Ltd

1,900

40,101

 

Office Properties Income Trust

1,032

91,422

 

Omega Healthcare Investors, Inc

2,849

14,068

e

One Liberty Properties, Inc

433

284

 

One REIT, Inc

698

432,282

*,e

Opendoor Technologies, Inc

3,739

729,300

 

Origin Property PCL

249

50,789

 

Orion Office REIT, Inc

711

1,850

 

Orix JREIT, Inc

2,509

2,461,674

 

OUE Commercial Real Estate Investment Trust

761

581,106

 

Outfront Media, Inc

16,521

726,822

 

Overseas Union Enterprise Ltd

708

23,455,200

*

Pakuwon Jati Tbk PT

789

1,873,970

 

Palm Hills Developments SAE

159

111,798

*,e

Pandox AB

1,684

407,264

 

Paramount Group, Inc

4,443

200,397

 

Park Hotels & Resorts, Inc

3,914

514,124

 

Parkway Life Real Estate Investment Trust

1,780

470,349

*

Parque Arauco S.A.

491

79,622

 

Patrizia Immobilien AG.

1,503

9,712

 

Peach Property Group AG.

598

110,130

 

Pebblebrook Hotel Trust

2,696

113,495

*

PEXA Group Ltd

1,500

260,748

e

Phillips Edison & Co, Inc

8,967

114,580

 

Phoenix Mills Ltd

1,656

185,812

 

Physicians Realty Trust

3,259

644,491

 

Picton Property Income Ltd

830

240,310

 

Piedmont Office Realty Trust, Inc

4,138

974,100

 

PLA Administradora Industrial S de RL de C.V.

1,372

73,146

 

Platzer Fastigheter Holding AB

903

375,850

 

Plaza S.A.

389

62,139

 

Plymouth Industrial REIT, Inc

1,684

2,571,000

 

Poly Hong Kong Investment Ltd

649

806,962

 

Poly Real Estate Group Co Ltd

2,252

11,729

 

Postal Realty Trust, Inc

197

112,512

 

PotlatchDeltic Corp

5,933

161,500

 

Powerlong Commercial Management Holdings Ltd

126

2,058,000

e

Powerlong Real Estate Holdings Ltd

539

6,926

 

Prashkovsky Investments and Construction Ltd

334

1,538,376

 

Precinct Properties New Zealand Ltd

1,670

43,821

 

Preferred Apartment Communities, Inc

1,093

1,678

 

Premier Investment Co

2,217

149,244

 

Prestige Estates Projects Ltd

966

87,495

 

Primaris REIT

1,084

1,614,439

 

Primary Health Properties plc

3,137

542,800

 

Prime US REIT

409

1,247,000

 

Prince Housing & Development Corp

570

573,100

 

ProLogis Property Mexico S.A. de C.V.

1,496

1,938,800

 

Prologis, Inc

313,077

3,451

*

Property & Building Corp

464

1,304,000

 

Prosperity REIT

474

715,600

 

Pruksa Holding PCL

294

5,383

 

PS Business Parks, Inc

905

88,945

 

PSP Swiss Property AG.

11,681

116

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

11,402,900

 

PT Ciputra Development Tbk

$826

16,315,400

*,†

PT Hanson International Tbk

0^

165,966

 

Public Storage, Inc

64,773

14,267,700

 

Puradelta Lestari Tbk PT

184

8,864,400

 

Quality House PCL

612

902,000

e

Radiance Holdings Group Co Ltd

505

130,779

 

Rayonier, Inc

5,378

34,771

 

Re/Max Holdings, Inc

964

93,890

*

Real Matters, Inc

400

98,151

*

Realogy Holdings Corp

1,539

176,730

e

Realty Income Corp

12,247

1,086,000

e,g

Redco Properties Group Ltd

336

7,995,351

 

Redefine Properties Ltd

2,528

12,558

*,e

Redfin Corp

227

1,048,000

e

Redsun Properties Group Ltd

349

443,418

 

Regency Centers Corp

31,633

487,471

g

Regional REIT Ltd

560

194,174

 

Reit Ltd

1,313

138,928

 

Relo Holdings, Inc

2,067

364,469

e

Resilient REIT Ltd

1,521

12,144

 

Retail Estates NV

990

102,100

 

Retail Opportunities Investment Corp

1,980

19,530

 

Retail Value, Inc

60

1,255,090

 

Rexford Industrial Realty, Inc

93,617

220,780

 

RioCan Real Estate Investment Trust

4,456

409,163

 

RiseSun Real Estate Development Co Ltd

287

142,187

 

RLJ Lodging Trust

2,002

89,097

 

RMR Group, Inc

2,771

243,000

 

Road King Infrastructure

209

2,409,500

 

Robinsons Land Corp

951

573,500

e

Ronshine China Holdings Ltd

170

133,493

 

RPT Realty

1,838

1,285,708

 

Ruentex Development Co Ltd

3,525

420,001

 

Rural Funds Group

920

18,590

*

Ryman Hospitality Properties

1,725

480,801

 

Sabra Healthcare REIT, Inc

7,159

6,887

e

Safehold, Inc

382

671,061

 

Safestore Holdings plc

11,813

169,609

 

Sagax AB

5,147

444,872

e

Samhallsbyggnadsbolaget i - D

1,301

1,152,702

e

Samhallsbyggnadsbolaget i Norden AB

5,145

41,130

 

SAMTY Co Ltd

738

467

 

Samty Residential Investment Corp

482

11,542,700

 

Sansiri PCL

421

1,063,500

 

Sasseur Real Estate Investment Trust

663

95,958

*

Saudi Real Estate Co

538

2,266

 

Saul Centers, Inc

119

173,588

 

Savills plc

2,524

120,506

 

SBA Communications Corp

41,466

1,843,600

 

SC Asset Corp PCL

210

656,000

*,e

SCE Intelligent Commercial Management Holdings Ltd

167

5,452,021

 

Scentre Group

12,396

1,727,461

 

Seazen Group Ltd

922

83,298

 

Seazen Holdings Co Ltd

421

314,478

 

Secure Income REIT plc

1,869

333,732

 

Segro plc

5,867

4,958

 

Sekisui House Reit, Inc

3,280

47,834

 

Selvaag Bolig ASA

270

35,023

*,e

Seritage Growth Properties

443

525,434

 

Service Properties Trust

4,640

232,115

 

Shaftesbury plc

1,873

336,500

 

Shanghai Jinqiao Export Processing Zone Development Co Ltd

315

90,037

 

Shanghai Lingang Holdings Corp Ltd

200

1,763,492

 

Shanghai Lujiazui Finance & Trade Zone Development Co Ltd

1,651

117

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

46,049

 

Shanghai Zhangjiang High-Tech Park Development Co Ltd

$99

3,292,000

 

Shenzhen Investment Ltd

732

928,370

e

Shimao Property Holdings Ltd

518

991,000

e,g

Shimao Services Holdings Ltd

525

760,000

 

Shinsun Holdings Group Co Ltd

69

1,340,964

 

Shopping Centres Australasia Property Group

2,917

2,134,000

 

Shoucheng Holdings Ltd

315

9,158,000

 

Shui On Land Ltd

1,394

1,257,469

*

Shun TAK Holdings Ltd

275

33,424

 

Shurgard Self Storage Europe Sarl

2,070

2,406,600

 

Sime Darby Property BHD

338

1,137,093

 

Simon Property Group, Inc

149,596

2,195,600

*

Singha Estate PCL

130

3,466,648

 

Sino Land Co

4,470

3,721,000

 

Sino-Ocean Land Holdings Ltd

787

311,000

 

Sinyi Realty Co

400

1,388,680

 

Sirius Real Estate Ltd

2,288

552,630

 

SITE Centers Corp

9,234

9,526

 

SK D&D Co Ltd

235

3,642,000

 

Skyfame Realty Holdings Ltd

325

69,916

e

SL Green Realty Corp

5,676

99,806

 

Slate Grocery REIT

1,364

11,296,188

 

SM Prime Holdings

8,236

87,008

 

SmartCentres Real Estate Investment Trust

2,285

43,812

 

Sobha Ltd

406

2,012,500

*,e

Soho China Ltd

389

749

 

SOSiLA Logistics REIT, Inc

987

1,607,100

 

SP Setia BHD

482

54,307

 

Sparkassen Immobilien AG.

1,329

1,239,400

e

SPH REIT

885

307,744

 

Spirit Realty Capital, Inc

14,162

7,100

*

SRE Holdings Corp

194

45,598

 

St. Joe Co

2,701

656,316

 

STAG Industrial, Inc

27,139

2,890

 

Star Asia Investment Corp

1,474

1,658,029

 

Starhill Global REIT

744

69,800

 

Starts Corp, Inc

1,366

279

 

Starts Proceed Investment Corp

545

1,499,997

 

Stockland Trust Group

4,754

1,073,000

 

StorageVault Canada, Inc

5,991

405,169

 

STORE Capital Corp

11,843

254,106

 

Sumitomo Realty & Development Co Ltd

7,032

9,487,400

*

Summarecon Agung Tbk PT

507

987,649

*

Summit Hotel Properties, Inc

9,837

99,206

 

Summit Industrial Income REIT

1,747

44,998

*

Summit Real Estate Holdings Ltd

1,028

227,557

 

Sun Communities, Inc

39,888

92,580

 

Sun Frontier Fudousan Co Ltd

793

1,425,123

 

Sun Hung Kai Properties Ltd

16,955

3,507,197

e

Sunac China Holdings Ltd

2,013

1,274,000

g

Sunac Services Holdings Ltd

777

792,000

e

Sunkwan Properties Group Ltd

181

1,043,000

 

Sunlight Real Estate Investment Trust

513

274,492

*

Sunstone Hotel Investors, Inc

3,234

2,438,900

 

Suntec Real Estate Investment Trust

3,136

58,337

 

Sunteck Realty Ltd

334

2,103,200

 

Sunway Real Estate Investment

705

2,669,100

 

Supalai PCL

1,739

514,628

 

Swire Pacific Ltd (Class A)

3,130

1,225,971

 

Swire Properties Ltd

3,030

82,593

 

Swiss Prime Site AG.

8,146

319,422

 

TAG Tegernsee Immobilien und Beteiligungs AG.

7,233

640

 

Takara Leben Real Estate Investment Corp

647

1,057,069

 

Talaat Moustafa Group

488

118

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

65,780

 

Tanger Factory Outlet Centers, Inc

$1,131

827,046

 

Target Healthcare REIT plc

1,217

19,061

*

Tejon Ranch Co

348

114,976

 

Terreno Realty Corp

8,514

482,000

e

Times Neighborhood Holdings Ltd

141

16,571

*,e

TKP Corp

173

41,480

e

TOC Co Ltd

226

295,393

 

Tokyo Tatemono Co Ltd

4,427

742,300

 

Tokyu Fudosan Holdings Corp

4,074

1,012

 

Tokyu REIT, Inc

1,638

44,143

 

Tosei Corp

421

318,300

e

Tricon Capital Group, Inc

5,059

8,814,158

 

Tritax Big Box REIT plc

27,908

17,634,262

g

Tritax EuroBox plc

24,390

19,431

 

UDR, Inc

1,115

847,737

 

UK Commercial Property REIT Ltd

979

61,529

 

UMH Properties, Inc

1,513

15,476

*

Unibail-Rodamco-Westfield

1,167

10,941

*

Unibail-Rodamco-Westfield

820

643,492

 

Unite Group plc

9,747

2,145,152

 

United Development Co PSC

866

4,806

 

United Urban Investment Corp

5,539

165,860

 

Uniti Group, Inc

2,282

2,672

e

Universal Health Realty Income Trust

156

486,933

 

UOL Group Ltd

2,521

99,239

 

Urban Edge Properties

1,895

552,496

 

Urban Logistics REIT plc

1,383

26,723

 

Urstadt Biddle Properties, Inc (Class A)

503

17,479

 

Vastned Retail NV

525

552,844

 

Ventas, Inc

34,144

9,449

 

VGP NV

2,418

716,686

 

VICI Properties, Inc

20,397

4,055,221

 

Vicinity Centres

5,627

3,131,000

 

Vista Land & Lifescapes, Inc

157

15,165

 

Vornado Realty Trust

687

943,759

 

Vukile Property Fund Ltd

906

199,762

 

Wallenstam AB

2,900

811,674

 

Warehouse REIT plc

1,851

345,920

 

Warehouses De Pauw CVA

14,925

81,534

 

Washington REIT

2,079

377,521

 

Watkin Jones plc

1,270

1,366,291

 

Waypoint REIT

2,719

417,934

 

Welltower, Inc

40,180

39,458

e

Wereldhave NV

769

728,586

 

Weyerhaeuser Co

27,613

10,180,400

 

WHA Corp PCL

1,031

1,509,606

 

Wharf Holdings Ltd

4,598

1,776,897

 

Wharf Real Estate Investment Co Ltd

8,782

40,301

e

Whitestone REIT

534

167,836

 

Wihlborgs Fastigheter AB

3,511

162,314

 

Workspace Group plc

1,450

8,758

 

WP Carey, Inc

708

97,385

*

Xenia Hotels & Resorts, Inc

1,879

25,780

e

Xior Student Housing NV

1,440

664,342

 

Yanlord Land Group Ltd

605

9,050

 

YH Dimri Construction & Development Ltd

838

398,000

e

Yincheng International Holding Co Ltd

128

465,000

 

YTL Hospitality REIT

107

1,633,426

 

Yuexiu Property Co Ltd

1,616

3,173,000

 

Yuexiu Real Estate Investment Trust

1,363

2,073,000

e

Yuzhou Group Holdings Co Ltd

106

570,000

e

Zensun Enterprises Ltd

269

135,300

 

Zhejiang China Commodities City Group Co Ltd

107

701,000

e

Zhongliang Holdings Group Co Ltd

193

119

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,338,000

 

Zhuguang Holdings Group Co Ltd

$391

59,524

*

Zillow Group, Inc (Class A)

2,871

167,259

*

Zillow Group, Inc (Class C)

8,244

 

 

TOTAL REAL ESTATE

3,870,782

RETAILING - 5.1%

 

 

 

77,245

*

1-800-FLOWERS.COM, Inc (Class A)

986

1,879

*

1stdibs.com, Inc

15

86,584

 

Aaron's Co, Inc

1,739

69,000

 

ABC-Mart, Inc

2,601

47,846

*

Abercrombie & Fitch Co (Class A)

1,531

47,124

*

About You Holding SE

649

2,818,826

 

Abu Dhabi National Oil Co for Distribution PJSC

3,219

230,788

 

Academy Sports & Outdoors, Inc

9,093

451,614

 

Accent Group Ltd

573

6,852,100

 

Ace Hardware Indonesia Tbk PT

489

27,330

 

Adastria Holdings Co Ltd

429

58,215

 

Advance Auto Parts, Inc

12,048

431

*,e

aka Brands Holding Corp

2

23,695,244

*

Alibaba Group Holding Ltd

323,362

2,883,829

*,e

Alibaba Health Information Technology Ltd

1,825

546,943

*,g

Allegro.eu S.A.

4,581

1,256,200

 

AllHome Corp

184

15,990

e

Alpen Co Ltd

267

875,436

*

Amazon.com, Inc

2,853,878

17,674

e

American Eagle Outfitters, Inc

297

20,458,452

 

Americanas S.A.

140,299

541,504

*

Americanas S.A.

3,653

1,632

*

America's Car-Mart, Inc

131

379,531

*,e

AO World plc

436

34,600

e

AOKI Holdings, Inc

164

191,202

 

AP Eagers Ltd

2,017

4,060,000

*,e

Apollo Future Mobility Group Ltd

190

26,203

*,e,g

Aramis Group SAS

207

23,222

 

Arata Corp

691

30,576

 

Arc Land Sakamoto Co Ltd

378

104,652

*

Aritzia, Inc

4,272

39,594

 

Arko Corp

360

5,180

*

Asbury Automotive Group, Inc

830

250,628

 

ASKUL Corp

3,290

195,502

*

ASOS plc

4,113

341,015

*

Auction Technology Group plc

4,381

696

*,g

Auto1 Group SE

8

83,788

 

Autobacs Seven Co Ltd

921

29,737

*

AutoCanada, Inc

862

85,172

*

Autonation, Inc

8,481

19,985

*,n

AutoZone, Inc

40,861

3,201,714

 

B&M European Value Retail S.A.

22,400

32,887

g

B&S Group Sarl

258

1,269,286

*,e

Baozun, Inc (ADR)

10,890

399,605

 

Bapcor Ltd

1,905

39,031

*

Barnes & Noble Education, Inc

140

70,653

 

Bath & Body Works, Inc

3,377

125,324

*,e

Bed Bath & Beyond, Inc

2,824

56,805

e

Belluna Co Ltd

336

1,112,000

 

Berjaya Auto BHD

473

234,263

 

Best Buy Co, Inc

21,295

368,189

*,e

BHG Group AB

2,429

112,900

e

BIC CAMERA, Inc

1,000

19,014

e

Big 5 Sporting Goods Corp

326

29,384

e

Big Lots, Inc

1,017

25,154

*

Bike24 Holding AG.

272

85,063

 

Bilia AB

1,211

1,224,160

*

boohoo.com plc

1,418

120

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,169

*

Boot Barn Holdings, Inc

$2,196

60,569

*,e,g

Boozt AB

773

47,568

 

Buckle, Inc

1,572

388,401

*

Burlington Stores, Inc

70,755

124,700

*

C&A Modas Ltd

144

4,842

 

Caleres, Inc

94

100,434

e

Camping World Holdings, Inc

2,807

88,535

 

Canadian Tire Corp Ltd

13,368

39,300

*,e

Cango, Inc (ADR)

102

47,350

*,e

CarLotz, Inc

65

346,269

*

CarMax, Inc

33,408

229,742

*

CarParts.com, Inc

1,539

21,320

*

Cartrade Tech Ltd

162

77,456

*

Carvana Co

9,240

18,650

 

Cato Corp (Class A)

273

196,670

 

Ceconomy AG

741

1,807,465

 

Central Retail Corp PCL

2,151

168,883

*,e

Cettire Ltd

142

397,410

*

Chico's FAS, Inc

1,908

249,877

*

Children's Place, Inc

12,319

984,000

 

China Harmony New Energy Auto Holding Ltd

498

127,601

 

China International Travel Service Corp Ltd

3,282

608,629

 

China Meidong Auto Holdings Ltd

2,313

222,000

 

China Tobacco International HK Co Ltd

377

2,089,800

 

Chow Tai Fook Jewellery Group Ltd

3,774

961

*,e

Citi Trends, Inc

29

234,568

*,e

City Chic Collective Ltd

592

45,324

 

Clas Ohlson AB (B Shares)

515

1,354,400

 

Com7 PCL (Foreign)

1,743

16,310

*

Conn's, Inc

251

29,290

*

Container Store Group, Inc

239

620,983

*,e

Coupang, Inc

10,979

6,792

 

Cuckoo Homesys Co Ltd

197

38,500

*

Dada Nexus Ltd (ADR)

352

181,946

 

DCM Holdings Co Ltd

1,571

60,223

 

Delek Automotive Systems Ltd

927

821,147

*,g

Deliveroo plc

1,211

169,397

*,g

Delivery Hero AG.

7,383

60,600

*

Demae-Can Co Ltd

386

44,726

*,e

Desenio Group AB

40

537,603

*

Designer Brands, Inc

7,263

4,738

e

Dick's Sporting Goods, Inc

474

26,771

 

Dieteren S.A.

4,508

5,062

e

Dillard's, Inc (Class A)

1,359

1,347,043

 

Dixons Carphone plc

1,597

1,007,256

 

Dogan Sirketler Grubu Holdings

227

702,960

 

Dohome PCL

451

247,835

 

Dollar General Corp

55,176

240,638

*

Dollar Tree, Inc

38,538

604,205

 

Dollarama, Inc

34,266

430,932

 

Don Quijote Co Ltd

6,895

144,053

*

DoorDash, Inc

16,882

24,400

 

Doshisha Co Ltd

298

157,179

*

Dufry Group

6,614

2,832

*

Duluth Holdings, Inc

35

147,829

 

Dunelm Group plc

2,106

83,290

e,g

Dustin Group AB

713

998,694

 

eBay, Inc

57,185

93,678

e

EDION Corp

870

144,254

*

Etsy, Inc

17,928

183,092

g

Europris ASA

1,175

851,000

 

Far Eastern Department Stores Co Ltd

629

29,185

*

Farfetch Ltd

441

37,590

 

Fast Retailing Co Ltd

19,271

121

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

75,079

*

Fawaz Abdulaziz Al Hokair & Co

$297

31,887

 

Fielmann AG.

1,736

75,201

*

Five Below, Inc

11,910

30,992

*,e

Fiverr International Ltd

2,358

103,258

*

Floor & Decor Holdings, Inc

8,364

19,217

 

Fnac Darty SA

985

36,198

 

Foot Locker, Inc

1,074

403,375

 

Foschini Ltd

4,068

8,381

 

Fox Wizel Ltd

1,340

20,665

 

Franchise Group, Inc

856

454,055

*

Frasers Group plc

3,758

358,758

*

Funko, Inc

6,189

276,022

*

Future Enterprises Ltd

114

70,048

*,e

GameStop Corp (Class A)

11,669

496,672

 

Gap, Inc

6,993

11,715

*

Genesco, Inc

745

45,892

 

Genuine Parts Co

5,783

23,700

 

Geo Holdings Corp

243

92,461

*

Global Fashion Group S.A.

172

7,601,885

*,e

GOME Electrical Appliances Holdings Ltd

471

9,170

*,e

Greenlane Holdings Inc

5

14,382

 

Group 1 Automotive, Inc

2,414

16,331

*,e

Groupon, Inc

314

26,668

*,e

GrowGeneration Corp

246

99,800

*

Grupo SBF S.A.

530

78,993

e

Guess?, Inc

1,726

76,700

 

Gulliver International Co Ltd

456

501,775

 

Halfords Group plc

1,622

115,025

 

Hankyu Department Stores, Inc

795

679,694

 

Harvey Norman Holdings Ltd

2,709

10,107

 

Haverty Furniture Cos, Inc

277

3,116,000

*,e

HengTen Networks Group Ltd

835

996,392

e

Hennes & Mauritz AB (B Shares)

13,379

4,116

 

Hibbett Sports, Inc

183

19,822

 

Hikari Tsushin, Inc

2,253

1,674,847

 

Home Depot, Inc

501,332

6,288,467

 

Home Product Center PCL

2,988

25,994

*

Home24 SE

195

683,000

e

Hong Kong Television Network Ltd

603

12,939

 

Hornbach Holding AG. & Co KGaA

1,631

324,482

 

Hotai Motor Co Ltd

6,727

34,773

e

Hotel Shilla Co Ltd

2,313

2,285,000

*,†

Hsin Chong Group Holdings Ltd

3

17,908

 

Hyundai Department Store Co Ltd

1,112

5,043

 

Hyundai Home Shopping Network Corp

249

454,049

 

Inchcape plc

3,973

1,041,458

 

Industria De Diseno Textil S.A.

22,709

396,300

 

Isetan Mitsukoshi Holdings Ltd

3,119

39,800

e

Izumi Co Ltd

1,048

304,900

 

J Front Retailing Co Ltd

2,473

66,262

 

Jarir Marketing Co

3,472

145,668

 

JB Hi-Fi Ltd

5,888

250,350

*,e,g

JD Health International, Inc

1,499

2,689,930

*

JD Sports Fashion plc

5,183

3,640,964

*

JD.com, Inc

103,458

16,142

 

JINS Holdings, Inc

761

43,616

e

JOANN, Inc

498

15,820

 

Joshin Denki Co Ltd

248

66,074

 

Joyful Honda Co Ltd

808

116,092

 

JUMBO S.A.

1,730

288,557

*,g

Just Eat Takeaway.com NV

9,678

36,842

e

Kamux Corp

454

30,787

 

Keiyo Co Ltd

224

311,715

 

Kering

196,794

122

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

489,274

 

Kingfisher plc

$1,633

13,000

*

Kintetsu Department Store Co Ltd

272

2,941

*,e

Kirkland's, Inc

27

114,767

*,e

Kogan.com Ltd

485

71,320

 

Kohl's Corp

4,312

74,305

 

Kohnan Shoji Co Ltd

2,124

126,152

 

Komeri Co Ltd

2,712

28,068

*

Koreacenter Co Ltd

148

499,328

 

K's Holdings Corp

5,147

12,435

*

Lands' End, Inc

210

6,507

*,e

Lazydays Holdings, Inc

131

154,825

*,e

Leslie's, Inc

2,997

465,500

*

Lifestyle International Holdings Ltd

223

16,378

*

Liquidity Services, Inc

280

27,378

 

Lithia Motors, Inc (Class A)

8,217

89,343

 

LKQ Corp

4,057

174,000

 

Lojas Quero Quero S

375

1,053,480

 

Lojas Renner S.A.

6,085

9,958

 

LOTTE Himart Co Ltd

203

13,697

 

Lotte Shopping Co Ltd

1,076

62,358

 

Lovisa Holdings Ltd

866

1,682,966

 

Lowe's Companies, Inc

340,279

473,561

 

Luk Fook Holdings International Ltd

1,148

265

*

Lulu's Fashion Lounge Holdings, Inc

2

26,468

*

Lumber Liquidators, Inc

371

444,708

 

Macy's, Inc

10,833

6,681,325

 

Magazine Luiza S.A.

9,571

36,517

e,g

Maisons du Monde S.A.

702

517,200

*,e,g

Maoyan Entertainment

427

19,262

*

MarineMax, Inc

775

69,144,100

 

Matahari Department Store Tbk PT

29,848

46,066

 

Matas A.S.

660

28,516

*

Matsuya Co Ltd

178

10,571

e

Media Do Holdings Co Ltd

219

4,486,835

*,g

Meituan Dianping (Class B)

84,998

57,846

*

Mekonomen AB

681

6,477

*

MercadoLibre, Inc

7,704

222,800

*

Mercari, Inc

5,751

261,070

*

Mister Spex SE

2,513

8,272,800

*

Mitra Adiperkasa Tbk PT

506

55,540

 

Mobilezone Holding AG.

981

48,000

 

momo.com, Inc

1,560

38,772

 

Monro Muffler, Inc

1,719

177,786

*

Moonpig Group plc

518

183,349

 

Motus Holdings Ltd

1,346

278,125

 

Mr Price Group Ltd

4,106

244,500

*,e,g

Mulsanne Group Holding Ltd

115

6,595

 

Murphy USA, Inc

1,319

36,569

*

Musti Group Oyj

965

14,900

 

Nafco Co Ltd

208

332,563

 

Naspers Ltd (N Shares)

37,560

10,422

*

National Vision Holdings, Inc

454

71,255

 

Next plc

5,604

54,320

 

Nextage Co Ltd

981

80,031

 

Nick Scali Ltd

675

43,135

e

Nishimatsuya Chain Co Ltd

555

77,617

 

Nitori Co Ltd

9,765

35,962

 

Nojima Corp

680

15,613

e

Nordstrom, Inc

423

123,770

*

ODP Corp

5,672

27,500

*

Oisix ra daichi, Inc

674

60,799

*

Ollie's Bargain Outlet Holdings, Inc

2,612

8,502

 

OneWater Marine, Inc

293

64,553

*

O'Reilly Automotive, Inc

44,216

123

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

5,587

*,e

Overstock.com, Inc

$246

59,677

*,†,e

Ozon Holdings plc (ADR)

1

303,200

 

Padini Holdings BHD

249

21,628

 

Pal Co Ltd

275

347,815

 

Paltac Corp

12,925

57,273

*

Party City Holdco, Inc

205

97,000

 

PChome Online Inc

308

30,107

 

Penske Auto Group, Inc

2,822

886,325

g

Pepkor Holdings Ltd

1,407

368,800

 

Pet Center Comercio e Participacoes S.A.

1,445

33,688

 

Pet Valu Holdings Ltd

902

277,638

*,e

Petco Health & Wellness Co, Inc

5,433

4,969

e

PetMed Express, Inc

128

581,514

 

Pets at Home Group plc

2,747

1,879,421

*

Pinduoduo, Inc (ADR)

75,384

343,659

*,e,g

Ping An Healthcare and Technology Co Ltd

888

50,979

 

Pool Corp

21,556

10,541

*,e

Porch Group, Inc

73

2,615,000

*

Pou Sheng International Holdings Ltd

298

56,000

 

Poya Co Ltd

758

242,378

 

Premier Investments Ltd

4,957

1,088,205

 

Prosus NV

58,685

796,200

 

PTG Energy PCL (Foreign)

322

3,188,900

 

PTT Oil & Retail Business PCL

2,389

53,717

*,e

Puuilo Oyj

397

13,291

*

Quotient Technology, Inc

85

340,251

 

Qurate Retail Group, Inc QVC Group

1,620

396,365

*

Rakuten, Inc

3,117

101,992

*,e

RealReal, Inc

740

216,780

*

Redbubble Ltd

248

6,075

*

Rent the Runway, Inc

42

98,458

 

Rent-A-Center, Inc

2,480

13,272

*

Retailors Ltd

310

30,406

*

Revolve Group, Inc

1,632

25,274

*

RH

8,242

300,273

 

Ross Stores, Inc

27,163

50,053

 

Rvrc Holding AB

413

160,340

 

Ryohin Keikaku Co Ltd

1,860

1,497,831

*,e

SA SA International Holdings Ltd

263

3,018,717

 

SACI Falabella

9,649

13,657

*

Sally Beauty Holdings, Inc

213

55,600

e

Sanrio Co Ltd

1,135

20,302

 

Saudi Co For Hardware CJSC

237

70,781

 

Seria Co Ltd

1,607

105,104

 

Shanghai Yuyuan Tourist Mart Group Co Ltd

168

50,583

*,e

Shift Technologies, Inc

111

36,200

 

Shimamura Co Ltd

3,217

8,866

 

Shinsegae Co Ltd

1,862

2,841

 

Shinsegae International Co Ltd

371

3,494

 

Shoe Carnival, Inc

102

22,325

 

Shutterstock, Inc

2,078

22,927

 

Signet Jewelers Ltd

1,667

368,300

 

Singer Thailand PCL

596

41,732

g

Sleep Country Canada Holdings, Inc

975

12,402

*

Sleep Number Corp

629

36,589

*,g

SMCP S.A.

278

67,792

 

Sonic Automotive, Inc (Class A)

2,882

308,003

*

Sportsman's Warehouse Holdings, Inc

3,293

11,051

*

Stitch Fix Inc

111

507,724

*

Suning.com Co Ltd

275

477,459

 

Super Group Ltd

958

179,843

 

Super Retail Group Ltd

1,382

3,617

 

Tadiran Holdings Ltd

587

166,551

 

Takashimaya Co Ltd

1,579

124

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

38,794

 

Takkt AG.

$702

775,036

 

Target Corp

164,478

20,369

 

Telepark Corp

272

100,146

*,e

Temple & Webster Group Ltd

498

3,217,830

*

THG Holdings Ltd

3,863

21,985

 

Tilly's, Inc

206

3,223,734

 

TJX Companies, Inc

195,294

84,826

 

Tokmanni Group Corp

1,405

1,827,489

g

Topsports International Holdings Ltd

1,519

10,505

*,e

Torrid Holdings, Inc

64

114,655

 

Tractor Supply Co

26,757

1,469

*

TravelCenters of America, Inc

63

196,554

 

Trent Ltd

3,290

499,957

 

Truworths International Ltd

1,996

81,067

*

Ulta Beauty, Inc

32,283

198,099

e

United Arrows Ltd

2,933

35,743

 

United Electronics Co

1,264

343,218

*

Urban Outfitters, Inc

8,618

348,773

 

USS Co Ltd

5,861

239,300

*,e

Uxin Ltd (ADR)

244

4,600

*

Valora Holding AG.

858

1,563,900

*

Via S

1,370

1,288,472

 

Vibra Energia S.A.

6,327

150,651

*

Victorian Plumbing PLC

96

20,665

*

Victoria's Secret & Co

1,061

6,644,079

*

Vipshop Holdings Ltd (ADR)

59,797

508,543

g

Vivo Energy plc

913

9,315

*

V-Mart Retail Ltd

486

111,170

*,e

Vroom, Inc

296

71,988

 

VT Holdings Co Ltd

262

72,587

*,e

Wayfair, Inc

8,041

1,324,213

 

Wesfarmers Ltd

49,691

11,798

*

Westwing Group AG.

145

158,843

*

WH Smith plc

2,967

530,514

 

Wickes Group plc

1,278

1,737,600

 

Wilcon Depot, Inc

907

109,355

 

Williams-Sonoma, Inc

15,856

2,175

 

Winmark Corp

478

1,092,362

 

Woolworths Holdings Ltd

4,303

141,500

e

Workman Co Ltd

5,783

289,183

 

Wuchan Zhongda Group Co Ltd

242

21,142

 

Xebio Co Ltd

163

476,000

 

Xinhua Winshare Publishing and Media Co Ltd

345

4,106

*,e

Xometry, Inc

151

154,801

g

XXL ASA

196

1,116,100

*

Yamada Denki Co Ltd

3,470

41,633

 

Yellow Hat Ltd

534

387,202

*,g

Zalando SE

19,606

655,572

 

Zhongsheng Group Holdings Ltd

4,609

1,752,543

*

Zomato Ltd

1,887

134,330

 

ZOZO Inc

3,587

72,429

*

Zumiez, Inc

2,768

 

 

TOTAL RETAILING

6,540,049

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.5%

 

285,000

 

A-DATA Technology Co Ltd

832

3,955,857

*,n

Advanced Micro Devices, Inc

432,533

44,821

*

Advanced Micro-Fabrication Equipment, Inc China

817

138,000

 

Advanced Wireless Semiconductor Co

477

175,100

 

Advantest Corp

13,671

322,100

 

AEM Holdings Ltd

1,116

272,896

 

Aixtron AG.

5,952

118,000

 

Alchip Technologies Ltd

4,458

40,455

*

Allegro MicroSystems, Inc

1,149

125

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

136,546

*

Alpha & Omega Semiconductor Ltd

$7,462

336,654

*,e

Alphawave IP Group plc

783

74,000

 

Amazing Microelectronic Corp

458

77,162

*

Ambarella, Inc

8,096

497,400

 

Amkor Technology, Inc

10,804

333,716

*

ams AG.

5,108

623,072

 

Analog Devices, Inc

102,919

45,000

 

Andes Technology Corp

625

93,000

 

AP Memory Technology Corp

1,002

2,552,503

 

Applied Materials, Inc

336,420

505,000

 

Ardentec Corp

875

2,253,925

 

ASE Technology Holding Co Ltd

8,032

55,391

 

ASM International NV

20,170

1,911,700

 

ASM Pacific Technology

19,246

30,231

 

ASMedia Technology, Inc

2,020

893,639

 

ASML Holding NV

597,149

23,589

 

ASML Holding NV

15,756

50,000

 

ASPEED Technology, Inc

5,628

2,602

*,e

Atomera, Inc

34

24,871

*

Axcelis Technologies, Inc

1,879

34,753

*

AXT, Inc

244

117,582

 

BE Semiconductor Industries NV

10,023

321,000

e

BOE Varitronix Ltd

376

60,577

*

Borosil Renewables Ltd

458

1,183,578

n

Broadcom, Inc

745,275

142,207

 

Brooks Automation, Inc

11,786

36,499

*

Camtek Ltd

1,126

3,205

*

Ceva, Inc

130

196,000

 

Chang Wah Technology Co Ltd

678

11,538

*,†

China Energy Savings Technology, Inc

0

46,136

 

China Resources Microelectronics Ltd

395

742,000

 

Chipbond Technology Corp

1,776

2,592,000

 

ChipMOS Technologies, Inc

4,594

66,092

*

Cirrus Logic, Inc

5,604

8,245

 

CMC Materials, Inc

1,529

25,508

*

Cohu, Inc

755

6,664

*

Credo Technology Group Holding Ltd

101

513,200

 

D&O Green Technologies Bhd

542

255,839

*

Daqo New Energy Corp (ADR)

10,571

20,238

*

Diodes, Inc

1,760

31,380

 

Disco Corp

8,775

46,344

 

Dongbu HiTek Co Ltd

2,824

10,305

*

Duk San Neolux Co Ltd

370

348,000

 

Elan Microelectronics Corp

2,067

314,000

 

Elite Semiconductor Memory Technology, Inc

1,731

10,279

 

Elmos Semiconductor AG.

594

71,000

 

eMemory Technology, Inc

4,512

893,000

*

ENNOSTAR, Inc

2,201

183,768

*

Enphase Energy, Inc

37,081

136,290

 

Entegris, Inc

17,889

8,753

 

Eo Technics Co Ltd

778

300,000

*

Episil Holdings, Inc

1,371

99,000

 

Episil-Precision, Inc

400

21,427

 

Eugene Technology Co Ltd

846

471,000

 

Everlight Electronics Co Ltd

794

694,000

 

Faraday Technology Corp

7,255

49,933

 

Ferrotec

1,110

13,474

 

Fine Semitech Corp

252

97,577

*

First Solar, Inc

8,171

111,000

 

Fitipower Integrated Technology, Inc

783

441,000

e

Flat Glass Group Co Ltd

1,684

97,500

 

Flat Glass Group Co Ltd

688

79,568

*

Formfactor, Inc

3,344

228,000

 

Formosa Advanced Technologies Co Ltd

325

126

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

93,200

 

Formosa Sumco Technology Corp

$931

71,000

 

Foxsemicon Integrated Technology, Inc

572

14,263,000

*,e

GCL Poly Energy Holdings Ltd

4,819

337,706

*

GCL System Integration Technology Co Ltd

190

32,248

*

GemVax & Kael Co Ltd

392

46,306

 

Gigadevice Semiconductor Beijing, Inc

1,021

69,000

 

Global Mixed Mode Technology, Inc

566

105,000

 

Global Unichip Corp

1,826

50,078

*

GLOBALFOUNDRIES, Inc

3,126

250,988

 

Globalwafers Co Ltd

5,842

688,600

*

Greatech Technology Bhd

767

369,000

 

Greatek Electronics, Inc

949

50,000

 

Gudeng Precision Industrial Co Ltd

409

10,654

 

HAESUNG DS Co Ltd

452

8,639

 

Hana Materials, Inc

392

64,143

 

Hangzhou First Applied Material Co Ltd

1,139

91,944

 

Hangzhou Silan Microelectronics Co Ltd

697

30,772

 

Hanmi Semiconductor Co Ltd

878

216,000

 

Holtek Semiconductor, Inc

890

365,531

*,g

Hua Hong Semiconductor Ltd

1,526

942,380

 

Hynix Semiconductor, Inc

90,656

137,090

*

Ichor Holdings Ltd

4,883

44,720

*

Impinj, Inc

2,842

2,837,318

 

Infineon Technologies AG.

95,986

34,056

 

Ingenic Semiconductor Co Ltd

487

12,069

 

Innox Advanced Materials Co Ltd

530

2,760,348

 

Intel Corp

136,803

764,233

*

IQE plc

339

145,000

 

ITE Technology, Inc

560

6,731

 

ITM Semiconductor Co Ltd

204

108,703

 

JA Solar Technology Co Ltd

1,338

74,513

 

Japan Material Co Ltd

1,050

81,000

 

Jentech Precision Industrial Co Ltd

1,143

46,900

*,e

JinkoSolar Holding Co Ltd (ADR)

2,265

44,918

 

Jusung Engineering Co Ltd

947

2,200,000

 

King Yuan Electronics Co Ltd

3,258

356,000

 

Kinsus Interconnect Technology Corp

2,367

323,522

 

KLA Corp

118,428

66,270

 

Koh Young Technology, Inc

1,029

5,789

 

KoMiCo Ltd

285

348,295

*,e

Kopin Corp

881

64,230

 

Kulicke & Soffa Industries, Inc

3,598

432,680

 

Lam Research Corp

232,613

82,000

 

Land Mark Optoelectronics Corp

522

54,248

 

Lasertec Corp

9,025

475,151

*

Lattice Semiconductor Corp

28,960

26,814

 

LB Semicon, Inc

267

12,282

 

LEENO Industrial Inc

1,855

363,763

 

LONGi Green Energy Technology Co Ltd

4,101

305,154

*

MACOM Technology Solutions Holdings, Inc

18,270

2,241,000

 

Macronix International

3,096

251,500

 

Malaysian Pacific Industries BHD

2,154

391,000

 

Marketech International Corp

2,082

2,587,558

 

Marvell Technology, Inc

185,554

15,141

*,e

Maxeon Solar Technologies Ltd

219

82,248

*

MaxLinear, Inc

4,799

3,435,065

 

MediaTek, Inc

106,901

19,389

*

Megachips Corp

594

36,858

 

Melexis NV

3,393

31,467

*,e

Meta Materials, Inc

53

3,043,834

*,e

Meyer Burger Technology AG.

1,267

332,600

 

Mi Technovation Bhd

155

326,911

 

Microchip Technology, Inc

24,564

2,415,002

 

Micron Technology, Inc

188,105

127

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

33,000

 

Micronics Japan Co Ltd

$447

38,091

 

Mimasu Semiconductor Industry Co Ltd

790

24,006

 

Mitsui High-Tec, Inc

2,407

33,872

 

MKS Instruments, Inc

5,081

200,642

 

Monolithic Power Systems, Inc

97,448

63,783

 

Montage Technology Co Ltd

673

31,183

*

Nanometrics, Inc

2,709

850,075

 

Nanya Technology Corp

2,028

142,810

*

National Silicon Industry Group Co Ltd

489

36,014

 

NAURA Technology Group Co Ltd

1,539

42,275

*

NeoPhotonics Corp Ltd

643

17,095

*

NEPES Corp

418

4,039

 

NEXTIN, Inc

226

211,174

*

Nordic Semiconductor ASA

5,379

34,559

*

Nova Measuring Instruments Ltd

3,724

392,758

 

Novatek Microelectronics Corp Ltd

5,775

204,000

 

Nuvoton Technology Corp

1,336

564

 

NVE Corp

31

4,344,758

n

NVIDIA Corp

1,185,511

531,043

 

NXP Semiconductors NV

98,285

351,273

*

ON Semiconductor Corp

21,993

35,852

 

Optorun Co Ltd

616

198,000

 

Orise Technology Co Ltd

993

373,000

 

Pan Jit International, Inc

1,305

113,000

 

Parade Technologies Ltd

7,062

31,980

*

PDF Solutions, Inc

891

191,000

 

Phison Electronics Corp

3,136

376,893

*

Photronics, Inc

6,396

134,000

 

Pixart Imaging, Inc

652

7,782

 

Power Integrations, Inc

721

878,000

 

Powertech Technology, Inc

2,892

9,597

 

PSK, Inc

394

32,660

*

PVA TePla AG.

950

57,834

*

Qorvo, Inc

7,177

1,149,384

 

QUALCOMM, Inc

175,649

524,000

 

Radiant Opto-Electronics Corp

1,882

91,816

*

Rambus, Inc

2,928

60,000

*

RDC Semiconductor Co Ltd

774

411,261

 

Realtek Semiconductor Corp

6,109

320,397

*,e

REC Silicon ASA

528

982,915

*

Renesas Electronics Corp

11,389

16,954

 

RFHIC Corp

431

102,000

 

RichWave Technology Corp

668

82,641

 

Rohm Co Ltd

6,416

12,807

 

Rorze Corp

1,266

8,400

 

RS Technologies Co Ltd

436

14,983

 

S&S Tech Corp

375

28,613

 

Sanken Electric Co Ltd

1,205

46,269

e

SCREEN Holdings Co Ltd

4,612

156,000

 

SDI Corp

878

183,672

*

Semtech Corp

12,736

39,160

 

Seoul Semiconductor Co Ltd

451

12,653

 

Seoul Viosys Co Ltd

105

14,956

 

SG Micro Corp

764

30,185

 

Shenzhen Goodix Technology Co Ltd

336

21,721

 

Shenzhen SC New Energy Technology Corp

249

238,700

 

Shinko Electric Industries

11,228

836,000

 

Sigurd Microelectronics Corp

1,723

174,578

 

Silergy Corp

20,469

103,713

*

Silicon Laboratories, Inc

15,578

13,814

 

Silicon Works Co Ltd

1,635

19,783

 

Siltronic AG.

2,033

21,009

 

SIMMTECH Co Ltd

958

605,000

 

Sino-American Silicon Products, Inc

3,705

128

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

9,281

*

SiTime Corp

$2,300

138,000

 

Sitronix Technology Corp

1,381

104,583

*

SK Square Co Ltd

4,864

1,404

*,e

SkyWater Technology, Inc

15

93,849

 

Skyworks Solutions, Inc

12,508

11,553

 

SMA Solar Technology AG.

479

123,841

*

SMART Global Holdings, Inc

3,199

26,571

*

SOITEC

4,984

846

*

SolarEdge Technologies, Inc

273

142,000

 

Sonix Technology Co Ltd

443

11,500

 

StarPower Semiconductor Ltd

695

1,304,375

 

STMicroelectronics NV

56,693

72,977

*

STS Semiconductor & Telecommunications

420

218,083

 

Sumco Corp

3,569

479,000

 

Sunplus Technology Co Ltd

606

156,110

*,e

SunPower Corp

3,353

33,781

*,e

Synaptics, Inc

6,739

231,000

 

Taiwan Mask Corp

768

214,000

 

Taiwan Semiconductor Co Ltd

637

46,058,458

 

Taiwan Semiconductor Manufacturing Co Ltd

944,821

875,029

 

Taiwan Semiconductor Manufacturing Co Ltd (ADR)

91,231

300,000

 

Taiwan Surface Mounting Technology Co Ltd

1,218

100,598

 

Teradyne, Inc

11,894

40,752

 

TES Co Ltd

912

9,802

 

Tesna Co Ltd

341

749,557

 

Texas Instruments, Inc

137,529

226,525

 

Tianjin Zhonghuan Semiconductor Co Ltd

1,513

170,261

 

Tianshui Huatian Technology Co Ltd

280

9,454

 

Tokai Carbon Korea Co Ltd

1,012

138,205

 

Tokyo Electron Ltd

70,977

64,900

 

Tokyo Seimitsu Co Ltd

2,565

71,248

 

TongFu Microelectronics Co Ltd

185

368,000

 

Topco Scientific Co Ltd

2,168

106,271

*

Tower Semiconductor Ltd

5,144

141,547

*

Tower Semiconductor Ltd (Tel Aviv)

6,807

32,600

 

Tri Chemical Laboratories, Inc

755

107,720

 

Trina Solar Co Ltd

991

1,746,000

*,†

Trony Solar Holdings Co Ltd.

2

3,887

 

TSE Co Ltd

209

484,000

*

TSEC Corp

676

7,614

 

U-Blox AG.

740

242,515

*

Ultra Clean Holdings

10,280

54,044

 

Ulvac, Inc

2,749

42,306

 

Unigroup Guoxin Microelectronics Co Ltd

1,357

636,500

 

Unisem M BHD

471

8,113,071

 

United Microelectronics Corp

14,899

3,127,344

*

United Renewable Energy Co Ltd/Taiwan

2,493

16,795

*

UniTest, Inc

376

26,490

 

Universal Display Corp

4,422

613,744

 

Vanguard International Semiconductor Corp

2,643

65,449

*

Veeco Instruments, Inc

1,780

189,000

 

Via Technologies, Inc

428

149,000

 

Visual Photonics Epitaxy Co Ltd

581

603,400

 

ViTrox Corp BHD

1,170

887,000

 

Wafer Works Corp

2,112

58,011

 

Will Semiconductor Ltd

1,753

222,000

 

Win Semiconductors Corp

2,043

2,054,389

 

Winbond Electronics Corp

2,200

651,479

*

Wolfspeed Inc

74,177

35,128

 

WONIK IPS Co Ltd

1,092

15,465

 

Wonik QnC Corp

331

3,466

*,g

X-Fab Silicon Foundries SE

27

62,425

*,g

X-Fab Silicon Foundries SE

479

192,000

 

XinTec, Inc

864

129

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

3,325,214

 

Xinyi Solar Holdings Ltd

$5,787

89,906

 

Zhejiang Jingsheng Mechanical & Electrical Co Ltd

844

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

7,103,738

SOFTWARE & SERVICES - 10.5%

 

 

 

120,000

*

21Vianet Group, Inc (ADR)

700

291,287

*

360 Security Technology, Inc

456

74,822

*

8x8, Inc

942

29,000

*

91APP, Inc

161

115,860

 

A10 Networks, Inc

1,616

113,358

 

Absolute Software Corp

957

1,329,395

 

Accenture plc

448,312

233,059

*

ACI Worldwide, Inc

7,339

3,229

 

Adesso SE

661

3,173

e

Admicom Oyj

208

487,948

*

Adobe, Inc

222,319

41,867

*,g

Adyen NV

82,926

3,853

*

Agilysys, Inc

154

54,500

*

Agora, Inc (ADR)

542

6,028

 

Ahnlab, Inc

616

148,765

*

Akamai Technologies, Inc

17,761

12,215

 

Al Moammar Information Systems Co

489

16,132

*

Alarm.com Holdings, Inc

1,072

4,439

*,e

Alkami Technology, Inc

64

56,796

 

Alliance Data Systems Corp

3,189

7,100

e

Alpha Systems, Inc

244

6,270

*,e

Altair Engineering, Inc

404

33,916

 

Alten

5,119

59,358

*

Alteryx, Inc

4,246

142,509

 

Altium Ltd

3,591

637,696

*

Amadeus IT Holding S.A.

41,462

177,077

 

Amdocs Ltd

14,557

10,512

 

American Software, Inc (Class A)

219

218,780

*

Anaplan, Inc

14,232

44,844

*

Ansys, Inc

14,245

150,676

 

Appen Ltd

771

2,473

*

Appfolio, Inc

280

19,075

*,e

Appian Corp

1,160

534,548

*,e

Argo Blockchain plc

497

19,000

 

Argo Graphics, Inc

474

2,111

*

Arteris, Inc

27

153,772

*,e

Asana, Inc

6,146

191,600

g

AsiaInfo Technologies Ltd

336

67,554

*

Aspen Technology, Inc

11,171

107,467

 

Asseco Poland S.A.

2,063

101,558

 

Atea ASA

1,517

133,989

*

Atlassian Corp plc

39,370

120,448

 

Atos Origin S.A.

3,289

4,331

 

Atoss Software AG.

854

8,244

 

Aubay

546

192,832

*

Autodesk, Inc

41,334

409,440

 

Automatic Data Processing, Inc

93,164

93,218

*

Avalara, Inc

9,276

810,060

g

Avast plc

6,023

10,435

*

Avaya Holdings Corp

132

127,453

 

Aveva Group plc

4,071

6,446

*

AvidXchange Holdings, Inc

52

1,483,100

*,e

BASE, Inc

5,345

13,460

*,e

BasWare Oyj

318

379,140

 

Bechtle AG.

21,346

40,237

 

Beijing E-Hualu Information Technology Co Ltd

133

24,676

 

Beijing Kingsoft Office Software, Inc

726

53,540

 

Beijing Shiji Information Technology Co Ltd

168

116,118

 

Beijing Sinnet Technology Co Ltd

241

130

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

38,400

 

Bell System24 Holdings, Inc

$431

55,985

*

Benefitfocus, Inc

707

139,169

e

Bentley Systems, Inc

6,148

394,837

*

BigCommerce Holdings, Inc

8,651

94,567

*

Bill.Com Holdings, Inc

21,447

179,260

 

Birlasoft Ltd

1,066

62,822

*,e

Bit Digital, Inc

226

37,400

*,e

BIT Mining Ltd (ADR)

104

216,908

*

Black Knight, Inc

12,578

25,168

*

Blackbaud, Inc

1,507

649,547

*

Blackberry Ltd (New)

4,816

52,048

*

Blackline, Inc

3,811

463,454

*

Block, Inc

62,844

32,875

*

Block, Inc

4,559

33,300

*

Bottomline Technologies, Inc

1,887

415,499

*

Box, Inc

12,074

1,696,923

*,e

BrainChip Holdings Ltd

1,206

316,730

 

Bravura Solutions Ltd

420

574,466

*,a

Brightcom Group Ltd

745

155,946

*

Brightcove, Inc

1,216

92,800

 

Broadleaf Co Ltd

279

116,044

 

Broadridge Financial Solutions, Inc

18,069

534,070

*

BTRS Holdings, Inc

3,995

342,098

 

Bytes Technology Group plc

2,237

56,867

*,e

C3.ai, Inc

1,291

268,146

*

Cadence Design Systems, Inc

44,099

16,208

*

Cafe24 Corp

281

94,427

 

Cancom SE

5,884

7,461

*

Cantaloupe, Inc

50

699,663

 

Cap Gemini S.A.

155,257

2,035,176

*

Capita Group plc

554

10,606

 

Cass Information Systems, Inc

391

10,963

 

cBrain A.S.

340

114,081

 

CDK Global, Inc

5,553

47,414

*,e

Cellebrite DI Ltd

303

4,724

*,e

Cerence Inc

171

121,778

*

Ceridian HCM Holding, Inc

8,325

262,617

*

CGI, Inc

20,921

37,100

e

Change, Inc

596

95,989

*

ChannelAdvisor Corp

1,591

400,000

*,e

Chatwork Co Ltd

1,703

136,994

*

Check Point Software Technologies

18,941

93,274

 

China TransInfo Technology Co Ltd

156

17,960,000

*

China Youzan Ltd

365

3,018,000

 

Chinasoft International Ltd

2,474

132,400

*

Chindata Group Holdings Ltd (ADR)

837

1,457,000

 

Cielo S.A.

952

174,944

*

Cint Group AB

1,704

118,405

 

Citrix Systems, Inc

11,947

30,834

*,e

Cleanspark, Inc

381

55,000

*

Clear Sale S.A.

68

52,000

*,e

Cloopen Group Holding Ltd (ADR)

89

259,968

*

Cloudflare, Inc

31,118

14,146

*,e

CM.com NV

306

24,165

 

Coforge Ltd

1,414

486,616

e

Cognizant Technology Solutions Corp (Class A)

43,635

78,481

*

Cognyte Software Ltd

888

227,130

*

Commvault Systems, Inc

15,070

99,489

 

Computacenter plc

3,825

43,742

 

Computer Age Management Services Ltd

1,327

534,820

 

Computershare Ltd

9,829

27,488

 

Comture Corp

692

66,685

 

Concentrix Corp

11,107

629,225

*

Conduent, Inc

3,247

131

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

6,562

*,e

Consensus Cloud Solutions, Inc

$395

29,502

 

Constellation Software, Inc

50,431

239,377

*

Converge Technology Solutions Corp

1,959

5,222

*,e

Couchbase, Inc

91

72,488

*

Coupa Software, Inc

7,367

115,467

*,g

Crayon Group Holding ASA

2,174

291,865

*

Crowdstrike Holdings, Inc

66,277

7,439

*,e

CS Disco, Inc

253

16,743

 

CSG Systems International, Inc

1,064

96,055

*

CyberArk Software Ltd

16,209

32,200

e

Cybozu, Inc

363

86,528

 

Cyient Ltd

1,053

2,981,484

*

Darktrace plc

17,504

1,127,609

 

Dassault Systemes SE

55,398

190,368

 

Data#3 Ltd

837

252,802

*

Datadog, Inc

38,292

4,713

 

Datagroup SE

429

17,757

*,e

Datto Holding Corp

474

372,676

*

Descartes Systems Group, Inc

27,286

88,577

 

DHC Software Co Ltd

99

1,669

*,e

Digimarc Corp

44

29,300

 

Digital Arts, Inc

1,762

1,661,000

 

Digital China Holdings Ltd

806

40,213

 

Digital Garage, Inc

1,502

2,580,200

*

Digital Mediatama Maxima Tbk PT

304

143,658

*

Digital Turbine, Inc

6,294

4,119

*

Digital Value S.p.A

398

118,295

*,e

DigitalOcean Holdings, Inc

6,843

17,719

*

Docebo, Inc

916

418,691

*

DocuSign, Inc

44,850

34,376

 

Dolby Laboratories, Inc (Class A)

2,689

234,289

*

Domo, Inc

11,848

339,666

 

dotdigital group plc

369

49,694

*

DoubleVerify Holdings, Inc

1,251

424,962

*

Dropbox, Inc

9,880

26,400

 

DTS Corp

577

322,835

*

Dubber Corp Ltd

298

116,952

*

Duck Creek Technologies, Inc

2,587

23,840

 

DuzonBIzon Co Ltd

907

235,082

*

DXC Technology Co

7,671

359,589

e

Dye & Durham Ltd

7,389

298,217

*

Dynatrace, Inc

14,046

168,255

*,e

E2open Parent Holdings, Inc

1,482

22,159

e

Ebix, Inc

735

15,912

 

eClerx Services Ltd

496

160,134

e

Econocom Group S.A.

709

260,480

 

Edenred

12,879

13,772

*

eGain Corp

159

131,669

*

Elastic NV

11,712

381,916

*

EML Payments Ltd

844

6,836

*

Enfusion, Inc

87

4,879

*

EngageSmart, Inc

104

75,164

 

Enghouse Systems Ltd

2,376

31,673

*

Envestnet, Inc

2,358

148,520

*

EPAM Systems, Inc

44,052

6,380

 

Esker S.A.

1,196

49,959

*

Euronet Worldwide, Inc

6,502

37,153

*

Everbridge, Inc

1,621

7,884

*

EverCommerce, Inc

104

93,290

 

EVERTEC, Inc

3,818

5,826

*

Evo Payments, Inc

135

200,000

*

Exasol AG.

1,327

71,641

*

ExlService Holdings, Inc

10,264

26,070

*

Fair Isaac Corp

12,161

132

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

95,070

*,e

Fastly, Inc

$1,652

552,252

*

Fawry for Banking & Payment Technology Services SAE

298

1,306,914

 

Fidelity National Information Services, Inc

131,240

108,403

*,†,g

Finablr plc

1

222,438

*

FireEye, Inc

4,963

25,704

*

First Derivatives plc

649

322,889

 

Firstsource Solutions Ltd

529

1,539,157

*

Fiserv, Inc

156,071

93,953

*

Five9, Inc

10,372

77,780

*

FleetCor Technologies, Inc

19,372

53,118

*

Flywire Corp

1,624

13,641

 

Formula Systems 1985 Ltd

1,366

135,043

*

Fortinet, Inc

46,150

868,386

 

Fortnox AB

4,798

84,100

*,e

Freee KK

2,985

120,433

 

F-Secure Oyj

608

28,084

 

FUJI SOFT, Inc

1,410

205,069

 

Fujitsu Ltd

30,725

9,327

 

Fukui Computer Holdings, Inc

247

56,200

 

Future Architect, Inc

792

80,838

*

Gartner, Inc

24,046

520,057

 

GB Group plc

3,744

618,700

*

GDS Holdings Ltd

2,995

560,098

*

GDS Holdings Ltd (ADR)

21,984

273,279

 

Genpact Ltd

11,890

17,248

 

GFT Technologies AG.

786

122,456

g

Global Dominion Access S.A.

549

314,921

 

Global Payments, Inc

43,094

52,714

*

Globant S.A.

13,815

3,800

 

GMO Financial Gate, Inc

473

5,000

e

GMO GlobalSign Holdings KK

251

81,770

*

GMO internet, Inc

1,857

129,777

 

GMO Payment Gateway, Inc

13,221

153,132

*

GoDaddy, Inc

12,817

3,040

*,e

GreenBox POS

13

312,954

*

Grid Dynamics Holdings, Inc

4,406

32,081

*

GTY Technology Holdings Inc

104

6,273

*

Guidewire Software, Inc

594

61,031

 

Hackett Group, Inc

1,407

201,784

 

Hansen Technologies Ltd

867

66,833

 

Happiest Minds Technologies Ltd

923

745,072

 

HCL Technologies Ltd

11,387

11,400

*

Hennge KK

87

1,866,000

*

Hi Sun Technology China Ltd

234

17,411

 

Hilan Ltd

1,075

43,527

*

HubSpot, Inc

20,673

59,502

 

Hundsun Technologies, Inc

415

187,541

*,e

Hut 8 Mining Corp

1,034

9,555

 

Hyundai Autoever Corp

939

47,562

*

I3 Verticals, Inc

1,325

17,362

*

IBEX Ltd

277

338,294

 

Ideagen plc

969

107,683

 

Iflytek Co Ltd

785

501,320

*,e

Indra Sistemas S.A.

5,555

800,696

 

Infibeam Incorporation Ltd

203

31,353

 

Infocom Corp

540

4,104,300

 

Infomart Corp

21,914

32,793

*,e

Informatica, Inc

647

26,248

 

Information Services International-Dentsu Ltd

836

4,162,259

 

Infosys Technologies Ltd

104,234

9,112

*

Instructure Holdings, Inc

183

100,448

*

Intapp, Inc

2,412

89,358

*

Intellect Design Arena Ltd

1,108

969

*,e

Intelligent Systems Corp

27

133

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

17,127

 

InterDigital, Inc

$1,093

825,791

e

International Business Machines Corp

107,369

87,951

*,e

International Money Express Inc

1,813

477,687

 

Intuit, Inc

229,691

230,476

 

Iress Market Technology Ltd

2,049

2,411,342

*

ironSource Ltd

11,574

59,700

e

Itochu Techno-Science Corp

1,525

70,419

 

Jack Henry & Associates, Inc

13,876

342,141

*,e

Jamf Holding Corp

11,910

6,971

*

JFrog Ltd

188

4,400

*,e

JIG-SAW, Inc

233

49,357

e

Justsystems Corp

2,325

313,583

 

Kainos Group plc

5,450

12,694

*,e

Kaltura, Inc

23

9,786

 

Kanematsu Electronics Ltd

307

286,900

*,e

Kaonavi, Inc

5,391

130,067

*

Kape Technologies plc

663

453,865

 

Keywords Studios plc

15,621

20,342

 

Kginicis Co Ltd

387

235,429

*

Kinaxis, Inc

30,813

1,778,495

*

Kingdee International Software Group Co Ltd

3,897

70,792

*,e

Kingsoft Cloud Holdings Ltd (ADR)

430

26,134

 

KNOW IT AB

866

193,216

 

KPIT Engineering Ltd

1,520

199,438

*

Kyndryl Holdings, Inc

2,617

45,905

 

Lakala Payment Co Ltd

170

58,158

g

Larsen & Toubro Infotech Ltd

4,689

4,221,938

 

Learning Technologies Group plc

9,035

970,216

*

Lightspeed Commerce, Inc

29,592

12,220

e

Lime Technologies AB

356

116,647

*,e

Limelight Networks, Inc

609

533,174

 

Link Administration Holdings Ltd

2,053

316,258

*,e

LINK Mobility Group Holding ASA

615

27,530

 

LiveChat Software S.A.

668

44,827

*

Liveperson, Inc

1,095

55,609

*

LiveRamp Holdings, Inc

2,079

542,000

*,g

Locaweb Servicos de Internet S.A.

1,150

4,546

 

Lotte Data Communication Co

144

414,100

*

M Cash Integrasi PT

355

44,004

 

Magic Software Enterprises Ltd

770

11,682

*,e

Magnet Forensics, Inc

261

16,015

 

Malam-Team Ltd

474

100,043

*

Manhattan Associates, Inc

13,877

143,203

*,e

Marathon Digital Holdings, Inc

4,003

13,808

 

Mastek Ltd

602

2,617,437

 

Mastercard, Inc (Class A)

935,420

42,218

 

Matrix IT Ltd

1,100

6,963

 

MAXIMUS, Inc

522

323,684

*

Megaport Ltd

3,316

5,977

*

MeridianLink, Inc

108

507,986

 

Micro Focus International plc

2,684

15,090,873

n

Microsoft Corp

4,652,667

1,125

*,e

MicroStrategy, Inc (Class A)

547

81,537

*

Mimecast Ltd

6,487

247,927

 

MindTree Ltd

13,949

386,000

e

Ming Yuan Cloud Group Holdings Ltd

520

20,300

 

Miroku Jyoho Service Co Ltd

235

77,298

*

Mitek Systems, Inc

1,134

19,567

 

Mitsubishi Research Institute, Inc

639

58,151

*

Model N, Inc

1,564

51,588

*

Money Forward, Inc

2,290

68,974

*

MoneyGram International, Inc

728

76,374

*

MongoDB, Inc

33,879

42,237

 

Moshi Moshi Hotline, Inc

366

134

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

97,213

 

Mphasis Ltd

$4,301

6,312,700

 

My EG Services BHD

1,527

27,310

*

N-Able, Inc

249

9,419

*

Nagarro SE

1,487

852,000

*,†,e

National Agricultural Holdings Ltd

1

30,167

*

NavInfo Co Ltd

66

374,309

 

NCC Group plc

898

55,479

*

nCino OpCo, Inc

2,274

121,377

*

NCR Corp

4,878

4,005,500

*,e

nearmap Ltd

4,390

603,381

 

NEC Corp

25,348

78,843

 

NEC Networks & System Integration Corp

1,148

60,069

 

Nemetschek AG.

5,769

104,506

 

NET One Systems Co Ltd

2,435

98,476

*,g

Netcompany Group A.S.

6,490

564,756

*,g

Network International Holdings plc

2,077

52,399

*

New Relic, Inc

3,504

342,000

*,e

Newborn Town, Inc

148

429,010

*,g

Nexi S.p.A

4,951

5,793,073

*

NEXTDC Ltd

49,908

23,628

*

NHN KCP Corp

519

73,798

*

Nice Systems Ltd

16,142

211,838

 

Nihon Unisys Ltd

5,374

84,441

 

NIIT Ltd

689

70,100

 

Nippon System Development Co Ltd

1,253

1,631,579

*,e

Nitro Software Ltd

1,848

341,090

 

Nomura Research Institute Ltd

11,129

6,192

*

Northern Data AG.

394

1,968,723

 

NortonLifelock, Inc

52,211

34,092

 

NS Solutions Corp

1,022

539,945

 

NTT Data Corp

10,611

187,138

*,e

Nuix Ltd

218

390,337

*

Nutanix, Inc

10,469

115,481

*,g

Nuvei Corp

8,706

77,937

*

Nuvei Corp

5,860

40,500

 

OBIC Business Consultants Ltd

1,408

23,810

 

Obic Co Ltd

3,566

26,485

 

Objective Corp Ltd

376

125,249

*

Okta, Inc

18,908

5,991

*,e

ON24, Inc

79

44,159

 

One Software Technologies Ltd

765

113,500

*

OneConnect Financial Technology Co Ltd (ADR)

160

4,762

*

OneSpan, Inc

69

128,388

 

Open Text Corp

5,444

325,702

 

Open Text Corp (Toronto)

13,811

19,000

*,e

Optim Corp

158

3,329,950

 

Oracle Corp

275,487

12,642

*

Oracle Corp Japan

876

22,643

 

Oracle Financial Services Software Ltd

1,067

10,138

e

Oro Co Ltd

192

29,660

 

Otsuka Corp

1,052

77,096

*

Pagerduty, Inc

2,636

2,171,881

*,e

Pagseguro Digital Ltd

43,546

1,652,618

*

Palantir Technologies, Inc

22,690

426,768

*,n

Palo Alto Networks, Inc

265,667

210,386

*,e

Paya Holdings, Inc

1,233

321,052

 

Paychex, Inc

43,814

49,427

*

Paycom Software, Inc

17,121

44,268

*,e

Paycor HCM, Inc

1,289

62,961

*

Paylocity Holding Corp

12,955

1,645,184

*,n

PayPal Holdings, Inc

190,266

324,144

*,e

Paysafe Ltd

1,099

65,399

 

Pegasystems, Inc

5,274

9,993

*

Perficient, Inc

1,100

135

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

68,200

 

Persistent Systems Ltd

$4,265

93,202

*

Pexip Holding ASA

343

39,019

*

Ping Identity Holding Corp

1,070

16,000

*,e

PKSHA Technology, Inc

265

14,600

*,e

Plaid, Inc

176

13,700

*

Plus Alpha Consulting Co Ltd

298

54,154

 

Posco ICT Co Ltd

276

3,047

*

Priority Technology Holdings Inc

18

58,520

*

Procore Technologies, Inc

3,392

146,630

 

Progress Software Corp

6,905

4,887

*

PROS Holdings, Inc

163

108,783

*

PTC, Inc

11,718

1,129,365

*

Pushpay Holdings Ltd

887

45,773

*

Q2 Holdings, Inc

2,822

59,401

†,e

QIWI plc (ADR)

1

21,365

*

QT Group Oyj

2,951

613,471

*

Qualtrics International, Inc

17,515

4,595

*

Qualys, Inc

654

19,678

*,e

Rackspace Technology, Inc

220

88,200

e

Rakus Co Ltd

1,184

17,315

*

Rapid7, Inc

1,926

13,650

*,e

Rekor Systems, Inc

62

261,425

*

Remitly Global, Inc

2,580

78,969

*

Repay Holdings Corp

1,166

36,329

 

Reply S.p.A

5,969

9,534

*

Rimini Street, Inc

55

80,424

*

RingCentral, Inc

9,426

56,800

*,e

Riot Blockchain, Inc

1,202

24,488

*,e

Riskified Ltd

148

22,677

 

Route Mobile Ltd

458

60,918

e

S&T AG.

1,138

317,546

*

Sabre Corp

3,630

1,078,033

 

Sage Group plc

9,878

60,072

*

SailPoint Technologies Holding, Inc

3,074

62,699

 

Saipens International Corp NV

1,582

2,530,651

*

salesforce.com, Inc

537,308

24,364

 

Samsung SDS Co Ltd

2,764

27,325

 

Sangfor Technologies, Inc

479

75,000

*

Sansan, Inc

841

1,100,517

 

SAP AG.

121,968

26,210

 

Sapiens International Corp NV

665

1,673

 

Secunet Security Networks AG.

773

9,960

*,e

SecureWorks Corp

132

656,105

*

ServiceNow, Inc

365,378

45,489

 

Shanghai Baosight Software Co Ltd

348

478,900

 

Shanghai Baosight Software Co Ltd

1,942

236,572

*

SHIFT, Inc

41,507

42,556

*

Shift4 Payments, Inc

2,635

193,139

*

Shopify, Inc (Class A)

130,619

1,712

*

ShotSpotter, Inc

47

929,741

 

Silverlake Axis Ltd

219

48,450

 

SimCorp AS

3,553

549,257

*,e,g

Sinch AB

3,725

395,257

*

SiteMinder Ltd

1,345

216,090

*

Smartsheet, Inc

11,837

104,125

*

Smith Micro Software, Inc

393

194,462

*

Snowflake, Inc

44,557

13,400

 

Softbank Technology Corp

276

135,758

 

Softcat plc

3,039

63,046

e

Software AG.

2,180

27,352

 

SolarWinds Corp

364

110,358

*

Solutions 30 SE

901

68,718

 

Sonata Software Ltd

667

42,428

 

Sopra Group S.A.

7,859

136

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

158,418

*

Splunk, Inc

$23,542

101,762

*

Sprout Social, Inc

8,153

130,956

*

SPS Commerce, Inc

17,181

203,521

 

SS&C Technologies Holdings, Inc

15,268

20,977

*

StarTek, Inc

93

3,092,159

*

StoneCo Ltd

36,178

648

*

Stronghold Digital Mining, Inc

4

36,700

 

Sumisho Computer Systems Corp

628

34,678

*

Sumo Logic, Inc

405

767,224

 

SUNeVision Holdings Ltd

653

477,557

*

SVMK, Inc

7,765

110,955

 

Switch, Inc

3,420

616,310

*

Synopsys, Inc

205,398

322,112

 

Systena Corp

1,129

418,000

 

Systex Corp

1,178

96,070

 

Tanla Platforms Ltd

1,916

928,387

 

Tata Consultancy Services Ltd

45,626

61,738

 

Tata Elxsi Ltd

7,157

218,725

*,g

TeamViewer AG.

3,230

434,784

 

Tech Mahindra Ltd

8,554

51,400

 

TechMatrix Corp

894

332,142

 

Technology One Ltd

2,817

13,963

 

TECSYS, Inc

357

5,224

*

Telos Corp

52

70,193

 

Temenos Group AG.

6,752

611,351

*

Tenable Holdings, Inc

35,330

108,240

*

Teradata Corp

5,335

28,261

 

Thunder Software Technology Co Ltd

438

108,273

e

Tietoenator Oyj

2,882

200,000

 

TIS, Inc

4,680

31,440

 

TKC

853

84,241

*,e

TomTom NV

783

57,436

 

Topsec Technologies Group Inc

102

555,452

 

Totvus S.A.

4,244

431,171

*

Trade Desk, Inc

29,859

31,861

*

Trans Cosmos, Inc/Japan

827

686,219

 

Travelsky Technology Ltd

984

55,952

*

Trend Micro, Inc

3,267

11,227

*,e

Trifork Holding AG.

356

42,540

 

TTEC Holdings, Inc

3,510

1,175

*,e

Tucows, Inc

80

40,509

*

Turing Holding Corp

843

238,995

*

Twilio, Inc

39,389

40,137

*

Tyler Technologies, Inc

17,857

423,873

*,e

Tyro Payments Ltd

549

20,300

 

Uchida Yoko Co Ltd

805

17,918

*

Unisys Corp

387

150,176

*,e

Unity Software, Inc

14,899

36,211

*

Upland Software, Inc

638

637

*,e

UserTesting, Inc

7

882,512

 

Vakrangee Ltd

402

190,904

*

Varonis Systems, Inc

9,076

56,080

*

Verint Systems, Inc

2,899

95,479

*

VeriSign, Inc

21,240

4,024

*,e

Veritone, Inc

74

1,136,886

*

Verra Mobility Corp

18,508

1,635

*

Viant Technology, Inc

11

62,028

*,e

VirnetX Holding Corp

101

3,335,291

 

Visa, Inc (Class A)

739,667

32,224

e

Vitec Software Group AB

1,661

206,628

 

VMware, Inc (Class A)

23,529

1,346,000

*,e

Vobile Group Ltd

811

49,936

*,e

Volue ASA

254

636,455

*

Vonage Holdings Corp

12,914

137

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

214

*

Weave Communications, Inc

$1

1,457,000

*,e,g

Weimob, Inc

929

539,430

e

Western Union Co

10,109

43,902

*,e

WEX, Inc

7,834

23,825

e

Wiit S.p.A

785

938,130

 

Wipro Ltd

7,292

89,177

 

Wisetech Global Ltd

3,356

112,384

*

Wix.com Ltd

11,740

303,773

*

Workday, Inc

72,741

140,091

*

Workiva, Inc

16,531

50,221

*,g

Worldline S.A.

2,180

138,904

*

Xero Ltd

10,527

89,588

 

Xperi Holding Corp

1,552

206,400

*,e

Yeahka Ltd

626

140,251

*

Yext, Inc

966

128,387

 

Yonyou Network Technology Co Ltd

462

185,525

*

Zendesk, Inc

22,317

127,183

 

Zensar Technologies Ltd

610

209,332

*

Zoom Video Communications, Inc

24,540

241,013

*

Zscaler, Inc

58,152

18,800

 

Zuken, Inc

461

810,275

*

Zuora Inc

12,138

 

 

TOTAL SOFTWARE & SERVICES

13,409,965

TECHNOLOGY HARDWARE & EQUIPMENT - 6.0%

 

158,007

*

3D Systems Corp

2,636

2,452

*

908 Devices, Inc

47

544,444

e

AAC Technologies Holdings, Inc

1,294

553,402

 

Accton Technology Corp

4,255

29,483

*

ACE Technologies Corp

299

1,882,532

 

Acer, Inc

1,951

69,311

 

Addsino Co Ltd

118

109,000

 

Adlink Technology, Inc

223

39,613

 

Adtran, Inc

731

52,611

*

ADVA Optical Networking SE

796

45,000

 

Advanced Ceramic X Corp

422

17,095

 

Advanced Energy Industries, Inc

1,472

262,331

 

Advantech Co Ltd

3,361

96,139

*,e

Aeva Technologies, Inc

416

41,506

 

Ai Holdings Corp

578

9,365

*,e

Akoustis Technologies, Inc

61

190,000

 

Alpha Networks, Inc

205

253,600

e

Alps Electric Co Ltd

2,497

7,825

 

ALSO Holding AG.

1,903

64,750

 

Amano Corp

1,158

343,787

 

Amphenol Corp (Class A)

25,904

364,793

e

Anritsu Corp

4,619

139,000

 

Apex International Co Ltd

509

25,333,473

n

Apple, Inc

4,423,478

135,000

 

Arcadyan Technology Corp

567

612,677

*

Arista Networks, Inc

85,150

586,358

*

Arlo Technologies, Inc

5,195

80,295

*

Arrow Electronics, Inc

9,525

306,000

 

Asia Optical Co, Inc

834

343,000

 

Asia Vital Components Co Ltd

1,375

43,000

 

ASROCK, Inc

318

479,026

 

Asustek Computer, Inc

6,215

382,900

 

ATA IMS BHD

38

5,597,534

 

AU Optronics Corp

3,818

44,776

 

Audiocodes Ltd

1,123

66,000

 

AURAS Technology Co Ltd

467

129,000

 

Aurora Corp

412

29,703

 

Austria Technologie & Systemtechnik AG.

1,648

103,100

 

Avary Holding Shenzhen Co Ltd

466

138

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,401

*

Aviat Networks, Inc

$258

133,513

*

Avid Technology, Inc

4,656

169,239

e

Avnet, Inc

6,869

80,200

 

Azbil Corp

2,662

3,428

 

Badger Meter, Inc

342

83,128

e

Barco NV

1,829

4,245

 

Basler AG.

466

22,543

*

Beijing BDStar Navigation Co Ltd

117

15,300

 

Beijing Yuanliu Hongyuan Electronic Technology Co Ltd

308

88,457

 

Belden CDT, Inc

4,901

42,057

 

Benchmark Electronics, Inc

1,053

1,898,000

 

Benq Corp

2,188

23,714

 

BH Co Ltd

473

1,643,937

 

BOE Technology Group Co Ltd

1,111

208,830

 

Brother Industries Ltd

3,798

453,939

e

BYD Electronic International Co Ltd

900

31,102

*

CalAmp Corp

227

398,591

*

Calix, Inc

17,104

1,436

*

Cambium Networks Corp

34

90,800

*,e

Canaan, Inc (ADR)

493

20,700

*

Canon Electronics, Inc

271

54,990

 

Canon Marketing Japan, Inc

1,129

242,759

e

Canon, Inc

5,917

414,000

 

Career Technology Co Ltd

333

58,362

*

Casa Systems, Inc

264

463,947

 

Catcher Technology Co Ltd

2,328

489,734

 

CDW Corp

87,609

280,151

*

Celestica, Inc

3,332

337,000

 

Chang Wah Electromaterials, Inc

433

124,945

 

Chaozhou Three-Circle Group Co Ltd

549

508,000

 

Cheng Uei Precision Industry Co Ltd

668

702,000

 

Chicony Electronics Co Ltd

2,188

489,600

*,†

China Fiber Optic Network System Group Ltd

1

120,957

 

China Greatwall Technology Group Co Ltd

218

389,963

 

China Railway Signal & Communication Corp Ltd

273

33,500

 

China Zhenhua Group Science & Technology Co Ltd

596

362,000

 

Chin-Poon Industrial Co

415

435,000

 

Chroma ATE, Inc

2,713

20,000

 

Chunghwa Precision Test Tech Co Ltd

418

1,611,081

*,n

Ciena Corp

97,680

10,259,677

 

Cisco Systems, Inc

572,080

1,028,300

e

Citizen Watch Co Ltd

4,357

1,392

*

Clearfield, Inc

91

331,000

 

Clevo Co

370

189,101

 

Codan Ltd

1,025

396,212

 

Cognex Corp

30,568

14,863

*

Coherent, Inc

4,063

2,276,312

*,e

Comba Telecom Systems Holdings Ltd

390

15,705

 

Comet Holding AG.

4,535

131,329

*

CommScope Holding Co, Inc

1,035

3,026,524

 

Compal Electronics, Inc

2,819

1,223,000

 

Compeq Manufacturing Co

2,039

24,678

 

Comtech Telecommunications Corp

387

24,000

 

CONEXIO Corp

275

6,892,000

*

Coolpad Group Ltd

167

403,000

 

Coretronic Corp

980

424,264

 

Corning, Inc

15,660

3,403

*,e

Corsair Gaming, Inc

72

27,779

*

CosmoAM&T Co Ltd

830

200,000

 

Co-Tech Development Corp

497

348,000

*,e

Cowell e Holdings, Inc

338

67,920

 

CTS Corp

2,400

35,107

 

Daeduck Electronics Co Ltd

812

13,188

 

Daejoo Electronic Materials Co Ltd

1,022

139

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

105,170

 

Daiwabo Co Ltd

$1,410

38,376

*

Daktronics, Inc

147

241,000

 

Darfon Electronics Corp

415

16,600

 

Datalogic S.p.A.

181

175,773

 

DataTec Ltd

488

955,039

*

Dell Technologies, Inc

47,933

223,457

 

Delta Electronics Thai PCL

2,608

1,332,673

 

Delta Electronics, Inc

12,356

64,301

 

Dexerials Corp

1,735

70,756

e

Dicker Data Ltd

769

9,073

*

Diebold, Inc

61

26,828

*

Digi International, Inc

577

29,483

 

Digital Power Communications Co Ltd

250

22,292

 

Dreamtech Co Ltd

205

159,000

 

Dynapack International Technology Corp

617

8,625

*

DZS, Inc

120

428,500

 

Eastern Communications Co Ltd

193

12,161

*,e

Eastman Kodak Co

80

19,924

 

Eizo Nanao Corp

583

59,496

 

Elecom Co Ltd

715

350,000

 

Elite Material Co Ltd

3,108

308,000

 

Elitegroup Computer Systems Co Ltd

214

121,880

*

EMCORE Corp

451

66,679

 

Ennoconn Corp

465

48,322

*

ePlus, Inc

2,709

32,164,700

 

Erajaya Swasembada Tbk PT

1,294

4,122,136

e

Ericsson (LM) (B Shares)

37,576

18,601

 

ESPEC Corp

298

40,061

 

Esprinet S.p.A.

423

32,127

 

Evertz Technologies Ltd

392

593,498

*

Extreme Networks, Inc

7,247

33,039

*

F5 Networks, Inc

6,904

47,463

*

Fabrinet

4,990

11,382

*

FARO Technologies, Inc

591

100,848

 

Fiberhome Telecommunication Technologies Co Ltd

240

3,483,000

*

FIH Mobile Ltd

478

328,262

*,e

Fingerprint Cards AB

515

400,000

 

FLEXium Interconnect, Inc

1,405

321,724

 

Foxconn Industrial Internet Co Ltd

514

606,193

 

Foxconn Technology Co Ltd

1,320

1,016,163

 

Fujifilm Holdings Corp

62,027

285,000

 

General Interface Solution Holding Ltd

946

95,000

 

Genius Electronic Optical Co Ltd

1,490

453,000

 

Getac Technology Corp

783

617,000

 

Gigabyte Technology Co Ltd

2,749

43,610

*

Gilat Satellite Networks Ltd

384

383,000

 

Global Brands Manufacture Ltd

451

137,422

 

GoerTek, Inc

740

466,000

 

Gold Circuit Electronics Ltd

1,365

195,436

 

GRG Banking Equipment Co Ltd

325

140,497

 

Guangzhou Haige Communications Group, Inc Co

226

40,418

 

Guangzhou Shiyuan Electronic Technology Co Ltd

407

883,617

 

Halma plc

28,909

95,684

 

Hamamatsu Photonics KK

5,082

720,800

 

Hana Microelectronics PCL (Foreign)

1,048

391,000

 

Hannstar Board Corp

573

2,772,000

 

HannStar Display Corp

1,476

170,130

*

Harmonic, Inc

1,581

224,600

 

Hengtong Optic-electric Co Ltd

457

1,200,615

 

Hewlett Packard Enterprise Co

20,062

1,296,667

 

Hexagon AB

18,167

847,000

*

High Tech Computer Corp

1,726

11,900

 

Hioki EE Corp

679

24,444

 

Hirose Electric Co Ltd

3,543

140

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

55,000

 

Hiwin Mikrosystem Corp

$202

30,011

 

HMS Networks AB

1,403

135,000

 

Holystone Enterprise Co Ltd

562

25,775,640

 

Hon Hai Precision Industry Co, Ltd

94,644

42,799

 

Horiba Ltd

2,332

57,200

 

Hosiden Corp

540

1,032,654

 

HP, Inc

37,485

62,000

 

Huagong Tech Co Ltd

196

876,200

 

Ibiden Co Ltd

42,716

2,653

*

Identiv, Inc

43

60,078

*,e

II-VI, Inc

4,355

25,787

 

Iljin Materials Co Ltd

2,032

3,264,000

 

Inari Amertron BHD

2,361

2,088

 

Inficon Holding AG.

2,393

22,727

*,e

Infinera Corp

197

97,000

 

Innodisk Corp

723

6,646,321

 

InnoLux Display Corp

3,849

129,056

*,e

Inseego Corp

523

89,405

*

Insight Enterprises, Inc

9,595

65,500

 

Inspur Electronic Information Industry Co Ltd

279

 

 

Intelbras S.A. Industria de Telecomunicacao Eletronica

 

108,300

 

Brasileira

768

1,926,172

 

Inventec Co Ltd

1,651

19,910

*

IPG Photonics Corp

2,185

24,300

e

Iriso Electronics Co Ltd

659

301,000

 

ITEQ Corp

1,247

72,493

*,e

Iteris, Inc

216

11,920

*

Itron, Inc

628

27,755

e

Ituran Location and Control Ltd

639

165,305

 

Jabil Inc

10,204

57,542

 

Japan Aviation Electronics Industry Ltd

932

992,594

*,e

Japan Display, Inc

391

610,900

 

Jaymart PCL

1,084

62,687

 

Jenoptik AG.

1,886

3,307,130

 

Juniper Networks, Inc

122,893

14,400

 

Kaga Electronics Co Ltd

381

1,025,100

 

KCE Electronics PCL

2,008

312,004

 

Keyence Corp

144,677

103,243

*

Keysight Technologies, Inc

16,309

19,302

*

Kimball Electronics, Inc

386

67,000

 

King Slide Works Co Ltd

1,017

473,205

 

Kingboard Chemical Holdings Ltd

2,282

1,148,246

 

Kingboard Laminates Holdings Ltd

1,871

25,746

*,e

KMW Co Ltd

734

125,982

*

Knowles Corp

2,712

38,300

e

Koa Corp

445

29,637

*

KONA I Co Ltd

614

1,053,900

 

Konica Minolta Holdings, Inc

4,424

14,649

*

KVH Industries, Inc

133

76,793

 

Kyocera Corp

4,297

25,208

 

L&F Co Ltd

4,639

26,844

 

Landis&Gyr Group AG.

1,698

68,625

 

Largan Precision Co Ltd

4,486

879

 

LEM Holding S.A.

2,129

56,458,399

 

Lenovo Group Ltd

61,159

309,423

 

Lens Technology Co Ltd

566

183,761

 

Leyard Optoelectronic Co Ltd

205

161,340

e

LG Display Co Ltd

2,720

9,477

 

LG Innotek Co Ltd

2,992

466,184

*

Lingyi iTech Guangdong Co

372

1,453,277

 

Lite-On Technology Corp

3,434

8,987

 

Littelfuse, Inc

2,241

178,801

 

Logitech International S.A.

13,291

96,000

 

Lotes Co Ltd

2,325

141

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

31,755

 

LPKF Laser & Electronics AG.

$459

581,714

*

Lumentum Holdings, Inc

56,775

5,925

*

Luna Innovations, Inc

46

459,724

 

Luxshare Precision Industry Co Ltd

2,280

54,607

 

Macnica Fuji Electronics Holdings, Inc

1,168

11,000

 

Maruwa Co Ltd

1,458

159,100

 

Maxell Holdings Ltd

1,558

21,384

 

Maxscend Microelectronics Co Ltd

703

87,891

 

Mcj Co Ltd

669

11,879

 

Mcnex Co Ltd

425

25,900

 

Meiko Electronics Co

846

7,065

 

Melco Holdings, Inc

226

233,881

 

Merry Electronics Co Ltd

695

32,152

 

Methode Electronics, Inc

1,391

198,000

*,†,e

MH Development Ltd

0^

89,647

e

Micronic AB

1,670

461,200

 

Micro-Star International Co Ltd

2,071

19,722

*,e

Microvision, Inc

92

1,076,000

 

Mitac Holdings Corp

1,103

252,721

 

Motorola Solutions, Inc

61,209

197,100

*

Multilaser Industrial S.A.

238

240,827

 

Murata Manufacturing Co Ltd

15,864

151,000

 

Nan Ya Printed Circuit Board Corp

2,710

312,600

*,e

Nano Dimension Ltd (ADR)

1,113

3,772

*

Napco Security Technologies, Inc

77

234,570

e

National Instruments Corp

9,521

103,464

*

Nayax Ltd

190

39,213

 

Neopost S.A.

736

218,840

 

NetApp, Inc

18,164

26,230

*

Netgear, Inc

647

59,558

*

Netscout Systems, Inc

1,911

43,750

 

Nichicon Corp

419

86,915

 

Ninestar Corp

582

25,600

 

Nippon Ceramic Co Ltd

510

260,476

 

Nippon Electric Glass Co Ltd

5,761

46,256

 

Nippon Signal Co Ltd

334

47,860

 

Nissha Printing Co Ltd

564

83,482

*

nLight, Inc

1,448

26,172

 

Nohmi Bosai Ltd

417

1

*

Nokia Corp (ADR)

0^

6,030,686

*

Nokia Oyj

33,211

17,932

*

Novanta, Inc

2,552

322,980

*,e

Novonix Ltd

1,479

171,310

*

OFILM Group Co Ltd

191

102,936

e

Oki Electric Industry Co Ltd

710

86,268

 

Omron Corp

5,741

40,879

 

Optex Co Ltd

575

40,198

*

OSI Systems, Inc

3,422

19,653

*,e

Ouster, Inc

88

515,000

 

Pan-International Industrial

714

3,184

*,e

PAR Technology Corp

128

5,289

 

Park Systems Corp

561

48,538

 

Partron Co Ltd

432

906,000

 

PAX Global Technology Ltd

740

35,685

 

PC Connection, Inc

1,870

1,371,915

 

Pegatron Technology Corp

3,455

19,155

*

Plantronics, Inc

755

5,869

*

Plexus Corp

480

491,000

 

Primax Electronics Ltd

886

5,227,000

 

Prime View International Co Ltd

33,237

465,516

*

Pure Storage, Inc

16,437

1,843,390

 

Quanta Computer, Inc

5,645

49,629

*,e

Quantum Corp

113

70,830

*

Radware Ltd

2,264

142

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

26,318

 

Raytron Technology Co Ltd

$186

4,771,000

*,g

Razer, Inc

1,547

542,862

 

Redington India Ltd

1,031

44,371

 

Renishaw plc

2,240

11,647

 

Restar Holdings Corp

188

62,394

*

Ribbon Communications, Inc

193

326,685

 

Ricoh Co Ltd

2,829

14,826

 

Riken Keiki Co Ltd

592

19,798

 

Riso Kagaku Corp

320

12,055

*

Rogers Corp

3,275

23,233

 

Ryosan Co Ltd

416

19,700

e

Ryoyo Electro Corp

319

37,594

 

Samsung Electro-Mechanics Co Ltd

5,062

7,320,752

 

Samsung Electronics Co Ltd

418,915

561,478

 

Samsung Electronics Co Ltd (Preference)

29,093

120,500

 

Samsung SDI Co Ltd

58,646

7,823

 

Samwha Capacitor Co Ltd

361

9,110

 

Sang-A Frontec Co Ltd

331

128,855

*

Sanmina Corp

5,208

29,257

*

Scansource, Inc

1,018

2,668

 

Seagate Technology Holdings plc

240

71,545

*,e

Seco S.p.A

454

122,160

e

Seiko Epson Corp

1,835

10,475

*,g

Sensirion Holding AG.

1,289

22,000

 

Sensortek Technology Corp

333

13,032

 

Seojin System Co Ltd

421

228,000

 

Sercomm Corp

624

22,434

 

Sesa S.p.A

3,664

5,984

*

SES-imagotag S.A.

616

4,067

 

Shanghai Friendess Electronic Technology Corp Ltd

192

156,284

 

Shengyi Technology Co Ltd

395

22,205

 

Shennan Circuits Co Ltd

315

63,621

 

Shenzhen Kaifa Technology Co Ltd

113

45,000

*

Shenzhen Sunlord Electronics Co Ltd

180

48,302

 

Shenzhen Sunway Communication Co Ltd

136

44,385

 

Shenzhen Transsion Holdings Co Ltd

666

113,617

 

Shimadzu Corp

3,908

44,752

*,e

Sierra Wireless, Inc

808

32,100

 

Siix Corp

278

275,000

 

Simplo Technology Co Ltd

2,969

255,000

 

Sinbon Electronics Co Ltd

2,300

1,134,400

 

SKP Resources Bhd

379

28,587

 

Softchoice Corp

646

846,983

 

Softwareone Holding AG.

11,940

30,123

*

SOLUM Co Ltd

623

13,050

 

Solus Advanced Materials Co Ltd

734

284,576

 

Spectris plc

9,651

97,000

 

Speed Tech Corp

197

1,430,536

 

Spirent Communications plc

4,456

167,460

 

Sterlite Technologies Ltd

494

415,314

*

Stratasys Ltd

10,545

263,615

e

Strix Group plc

700

16,800

 

Sun Corp

265

488,249

 

Sunny Optical Technology Group Co Ltd

7,754

148,205

*

Super Micro Computer, Inc

5,642

529,000

 

Supreme Electronics Co Ltd

952

120,841

 

Suzhou Dongshan Precision Manufacturing Co Ltd

353

38,280

 

SYNNEX Corp

3,951

912,621

 

Synnex Technology International Corp

2,382

1,711,900

 

Synnex Thailand PCL

1,357

264,000

 

Synnex Thailand PCL

209

291,000

 

Taiwan Union Technology Corp

842

143,140

 

Taiyo Yuden Co Ltd

6,408

81,300

e

Tamura Corp

406

143

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

92,837

 

TDK Corp

$3,349

1,211,897

 

TE Connectivity Ltd

158,734

70,798

*,g

Tejas Networks Ltd

396

100,324

*

Teledyne Technologies, Inc

47,416

193,000

 

Test Research, Inc

455

71,000

 

Thinking Electronic Industrial Co Ltd

365

47,904

 

Tianjin 712 Communication & Broadcasting Co Ltd

261

80,630

 

Tianma Microelectronics Co Ltd

132

93,474

*,e

Tobii AB

310

111,326

*

Tobii Dynavox AB

266

190,000

 

Tong Hsing Electronic Industries Ltd

1,894

128,256

 

Topcon Corp

1,625

32,385

 

Toshiba TEC Corp

1,297

1,508,000

 

TPK Holding Co Ltd

1,941

298,000

 

Transcend Information, Inc

770

132,040

*

Trimble Inc

9,525

505,000

 

Tripod Technology Corp

2,350

1,802,000

 

Truly International Holdings

506

951,687

*

TTM Technologies, Inc

14,104

43,153

*,e

Turtle Beach Corp

919

357,000

 

TXC Corp

1,263

6,512

e

Ubiquiti, Inc

1,896

820,011

 

Unimicron Technology Corp

6,989

196,611

 

Unisplendour Corp Ltd

603

65,398

 

Universal Scientific Industrial Shanghai Co Ltd

124

9,256

*,e

Velodyne Lidar, Inc

24

169,300

e

Venture Corp Ltd

2,182

53,000

 

VIA Labs, Inc

775

63,337

*

Viasat, Inc

3,091

77,139

*

Viavi Solutions, Inc

1,240

37,081

*

Vidente Co Ltd

581

299,126

 

Vishay Intertechnology, Inc

5,863

58,610

*

Vishay Precision Group, Inc

1,884

310,751

 

Vontier Corp

7,890

3,545,500

 

VS Industry BHD

865

1,291,042

 

VST Holdings Ltd

1,209

201,785

 

Vtech Holdings Ltd

1,465

178,500

e

Wacom Co Ltd

1,368

197,000

 

Wah Lee Industrial Corp

746

381,000

 

Walsin Technology Corp

1,864

164,145

*

Western Digital Corp

8,150

82,384

 

Wingtech Technology Co Ltd

1,048

190,500

*,†,b

Wintek Corp

0^

3,139,000

 

Wistron Corp

3,249

305,000

 

Wistron NeWeb Corp

757

84,049

 

Wiwynn Corp

2,965

1,107,519

 

WPG Holdings Co Ltd

2,158

480,000

 

WT Microelectronics Co Ltd

1,317

110,415

 

Wuhan Guide Infrared Co Ltd

296

177,874

 

Wuhu Token Science Co Ltd

227

139,152

 

WUS Printed Circuit Kunshan Co Ltd

289

118,580

 

Xerox Holdings Corp

2,392

15,500

 

Xiamen Faratronic Co Ltd

489

9,797,800

*,g

Xiaomi Corp

17,121

15,750

*,†

Ya Hsin Industrial Co Ltd

0

293,979

 

Yageo Corp

4,388

51,147

 

Yealink Network Technology Corp Ltd

625

60,119

 

Yokogawa Electric Corp

1,024

18,784

e

Yokowo Co Ltd

395

53,638

*

Zebra Technologies Corp (Class A)

22,190

32,400

e

Zepp Health Corp (ADR)

93

222,518

 

Zhejiang Dahua Technology Co Ltd

577

431,558

 

Zhen Ding Technology Holding Ltd

1,607

35,223

 

Zhongji Innolight Co Ltd

175

144

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

24,300

 

Zhuzhou Hongda Electronics Corp Ltd

$256

285,703

 

ZTE Corp

1,069

559,599

 

ZTE Corp (Class H)

1,134

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

7,732,809

TELECOMMUNICATION SERVICES - 1.2%

 

 

853,871

 

Advanced Info Service PCL

5,984

1,096,370

g

Airtel Africa plc

2,001

1,188,252

*

AL Yah Satellite Communications Co-Pjsc-Yah Sat

905

34,523,632

e

America Movil S.A.B. de C.V.

36,659

61,552

*

Anterix, Inc

3,564

30,100

 

ARTERIA Networks Corp

322

1,867,000

*

Asia Pacific Telecom Co Ltd

435

9,278,124

 

AT&T, Inc

219,242

10,359

 

ATN International, Inc

413

176,846

*

Aussie Broadband Ltd

701

2,018,106

 

Axiata Group Bhd

1,819

912,000

*,e

Axtel SAB de C.V.

129

19,522

*

Bandwidth Inc

632

87,766

 

BCE, Inc

4,865

3,653,939

*

Bezeq Israeli Telecommunication Corp Ltd

6,261

2,732,416

*

Bharti Airtel Ltd

27,090

9,284,917

 

BT Group plc

22,138

104,485

*

Cellcom Israel Ltd

602

530,986

g

Cellnex Telecom SAU

25,553

31,000

 

Chief Telecom, Inc

297

17,537,912

g

China Tower Corp Ltd

1,963

548,045

 

Chorus Ltd

2,807

2,646,653

 

Chunghwa Telecom Co Ltd

11,722

3,436,641

 

Citic 1616 Holdings Ltd

1,262

5,446

 

Cogent Communications Group, Inc

361

68,449

*

Consolidated Communications Holdings, Inc

404

3,585,248

 

Deutsche Telekom AG.

66,772

2,229,844

 

Digi.Com BHD

2,065

53,084

 

Drillisch AG.

1,188

172,628

*

EchoStar Corp (Class A)

4,202

151,916

e

Elisa Oyj (Series A)

9,162

3,899,650

 

Emirates Telecommunications Group Co PJSC

39,270

191,397

 

Empresa Nacional de Telecomunicaciones S.A.

837

436,331

 

Etihad Etisalat Co

4,827

1,122,282

 

Far EasTone Telecommunications Co Ltd

2,876

155,520

 

Freenet AG.

4,162

99,598

 

Gamma Communications plc

1,763

3,095,149

*,e

Globalstar, Inc

4,550

19,207

 

Globe Telecom, Inc

943

375,637

*,e

Gogo, Inc

7,160

870,944

*

Helios Towers plc

1,320

257,307

 

Hellenic Telecommunications Organization S.A.

4,653

721,688

 

Himachal Futuristic Communications

742

2,016,120

 

HKBN Ltd

2,309

3,915,739

 

HKT Trust and HKT Ltd

5,369

1,429,607

 

Hutchison Telecommunications Hong Kong Holdings Ltd

230

5,291

*

IDT Corp (Class B)

180

2,284,980

 

Indosat Tbk PT

822

786,435

*

Indus Towers Ltd

2,293

344,111

e,g

Infrastrutture Wireless Italiane S.p.A

3,852

62,524

 

Internet Initiative Japan, Inc

2,077

1,268,400

 

Intouch Holdings PCL (Class F)

2,960

71,699

*

Iridium Communications, Inc

2,891

5,552,000

*

Jasmine International PCL

678

1,586,287

 

KDDI Corp

52,009

9,482,294

 

Koninklijke KPN NV

32,903

222,725

*,†,e

Let's GOWEX S.A.

2

165,441

 

LG Telecom Ltd

1,903

145

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

34,377

*

Liberty Global plc (Class A)

$877

172,553

*

Liberty Latin America Ltd (Class A)

1,674

428,542

*

Liberty Latin America Ltd (Class C)

4,110

1,039,000

 

Link Net Tbk PT

310

939,361

 

Lumen Technologies, Inc

10,587

456,217

 

Magyar Telekom

554

1,536,783

 

Maxis BHD

1,433

123,763

*,e

Millicom International Cellular S.A.

3,142

2,554,933

 

Mobile Telecommunications Co KSC

5,278

527,235

*

Mobile Telecommunications Co Saudi Arabia

1,863

15,712

 

Mobistar S.A.

333

1,903,200

 

MTN Group Ltd

24,626

3,814,366

 

NetLink NBN Trust

2,744

1,109,210

 

Nippon Telegraph & Telephone Corp

32,227

245,558

e

NOS SGPS S.A.

1,035

15,100

 

Okinawa Cellular Telephone Co

610

165,267

*

Ooma, Inc

2,477

918,952

 

Ooredoo QSC

1,795

1,353,500

e

Operadora de Sites Mexicanos S.A. de C.V.

1,723

2,189,658

 

Orange S. A.

25,928

164,937

*

Partner Communications

1,366

5,370,000

 

PCCW Ltd

3,018

51,142

 

PLDT, Inc

1,828

153,983

 

Proximus plc

2,867

115,288

*

Radius Global Infrastructure, Inc

1,646

423,805

 

Rogers Communications, Inc (Class B)

23,988

27,153,533

 

Sarana Menara Nusantara Tbk PT

2,023

675,209

 

Saudi Telecom Co

19,320

28,334

 

Shenandoah Telecom Co

668

9,187,796

 

Singapore Telecommunications Ltd

17,840

87,977

Sistema PJSFC (GDR) (London)

1

21,682

 

SK Telecom Co Ltd

1,014

405,932

e

SK Telecom Co Ltd (ADR)

10,404

88,542,704

*

Smartfren Telecom Tbk PT

474

320,641

 

SmarTone Telecommunications Holding Ltd

171

2,149,840

 

Softbank Corp

25,074

1,247,348

 

Softbank Group Corp

55,768

661,514

 

StarHub Ltd

628

27,265

 

Swisscom AG.

16,381

1,170,506

 

Taiwan Mobile Co Ltd

4,283

138,485

 

Tata Communications Ltd

2,234

596,543

*

Tata Teleservices Maharashtra Ltd

1,324

525,399

 

Tele2 AB (B Shares)

7,942

1,935,326

 

Telecom Corp of New Zealand Ltd

6,125

590,432

 

Telecom Egypt

564

10,387,688

e

Telecom Italia S.p.A.

3,814

588,685

 

Telefonica Brasil S.A.

6,639

1,080,393

 

Telefonica Deutschland Holding AG.

2,938

5,826,000

 

Telefonica S.A.

28,234

250,451

e

Telekom Austria AG.

1,936

760,084

 

Telekom Malaysia BHD

884

724,104

*

Telekomunikacja Polska S.A.

1,356

734,414

 

Telenor ASA

10,538

85,823

 

Telephone & Data Systems, Inc

1,620

921

*,e

Telesat Corp

15

2,807,888

e

TeliaSonera AB

11,259

34,665,701

 

Telkom Indonesia Persero Tbk PT

11,029

385,246

*

Telkom S.A. Ltd

1,173

4,549,675

 

Telstra Corp Ltd

13,442

538,600

 

TELUS Corp

14,071

972,449

 

TIM S.A.

2,817

1,263,100

 

Time dotCom BHD

1,289

1,779,301

*

T-Mobile US, Inc

228,373

8,894,100

 

Tower Bersama Infrastructure

1,773

146

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

151,469

 

TPG Telecom Ltd

$682

7,494,562

 

True Corp PCL

1,150

1,323,072

 

Turkcell Iletisim Hizmet AS

2,033

102,845

 

United Internet AG.

3,529

644,586

*

Uniti Group Ltd

2,258

12,842

*

US Cellular Corp

388

19,200

 

Usen-Next Holdings Co Ltd

398

3,294,013

 

Verizon Communications, Inc

167,797

2,452,642

*,e

Vision, Inc

23,028

726,340

 

Vodacom Group Pty Ltd

7,953

34,550,090

 

Vodafone Group plc

56,655

306,600

 

Vodafone Group plc (ADR)

5,096

10,863,039

*

Vodafone Idea Ltd

1,369

1,907,061

 

Vodafone Qatar

835

3,868,900

 

XL Axiata Tbk PT

712

 

 

TOTAL TELECOMMUNICATION SERVICES

1,592,461

TRANSPORTATION - 2.1%

 

 

 

580,200

 

Adani Ports & Special Economic Zone Ltd

5,889

1,033,000

*

Adi Sarana Armada Tbk PT

187

45,168

*

Aegean Airlines S.A.

275

78,343

*,g

Aena S.A.

13,060

31,339

*

Aeroports de Paris

4,686

1,422,637

 

Agility Public Warehousing Co KSC

5,146

2,760,732

 

Air Arabia PJSC

1,203

207,388

*,e

Air Canada

4,023

263,429

*

Air China Ltd

377

4,325,910

*,e

Air China Ltd (H shares)

3,007

352,385

*,e

Air France-KLM

1,580

637,655

*,e

Air New Zealand Ltd

568

50,247

*

Air Transport Services Group, Inc

1,681

4,605,988

 

Airports of Thailand PCL

9,134

170,394

*

Alaska Air Group, Inc

9,885

122,999

e,g

ALD S.A.

1,635

133,575

*,e

All Nippon Airways Co Ltd

2,792

87,005

 

Allcargo Logistics Ltd

410

1,897

*

Allegiant Travel Co

308

8,456

 

Amerco, Inc

5,048

606,209

*,e

American Airlines Group, Inc

11,063

634,771

*,†,b,e

AMR Corporation

6

416,000

 

Anhui Expressway Co

405

3,351

 

AP Moller - Maersk AS (Class A)

9,893

6,403

 

AP Moller - Maersk AS (Class B)

19,241

438,932

 

Aramex PJSC

446

21,554

 

ArcBest Corp

1,735

3,686,500

*

Asia Aviation PCL

285

46,289

*

Asiana Airlines

826

24,221

*

Atlas Air Worldwide Holdings, Inc

2,092

1,126,080

 

Atlas Arteria Ltd

5,481

106,312

e

Atlas Corp

1,561

777,838

*

Auckland International Airport Ltd

4,209

1,896,035

 

Aurizon Holdings Ltd

5,212

521,237

*

Autostrade S.p.A.

10,838

35,455

*

Avis Budget Group, Inc

9,335

687,171

*

Azul S.A.

3,452

641,900

*

Bangkok Airways Co Ltd

196

140,900

*

Bangkok Aviation Fuel Services PCL

109

7,603,762

 

Bangkok Expressway & Metro PCL

1,983

1,532,810

*

Beijing Capital International Airport Co Ltd

891

1,825,679

 

Beijing-Shanghai High Speed Railway Co Ltd

1,371

189,800

*,e

BEST, Inc (ADR)

122

4,833

 

Blue Dart Express Ltd

436

116,298

*,e

bpost S.A.

769

8,029,037

 

BTS Group Holdings PCL

2,215

147

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

1,053,857

 

Canadian National Railway Co

$141,369

1,254

e

Canadian Pacific

Railway Ltd

104

1,112,405

 

Canadian Pacific

Railway Ltd

91,811

10,214

e

Cargojet, Inc

 

1,553

58,960

*,e

Cathay Pacific Airways Ltd

58

184,400

*

Cebu Air, Inc

 

172

171,589

 

Central Japan Railway Co

22,374

122,802

 

CH Robinson Worldwide, Inc

13,227

3,304,000

 

China Airlines

 

3,022

195,400

*

China Eastern Airlines Corp Ltd

144

1,122,667

 

China Merchants Holdings International Co Ltd

2,022

2,336,447

*,e

China Southern Airlines Co Ltd

1,350

406,859

*

China Southern Airlines Co Ltd (Class A)

396

104,744

*

Chorus Aviation, Inc

354

1,289,172

 

Cia de Concessoes Rodoviarias

3,710

97,556

e

Cia de Distribucion Integral Logista Holdings SAU

1,784

396,500

 

Cia de Locacao das Americas

2,262

33,247

 

Clarkson plc

 

1,607

2,648,100

 

ComfortDelgro Corp Ltd

2,897

279,344

 

Container Corp Of India Ltd

2,463

1,049,200

*,e

Controladora Vuela Cia de Aviacion SAB de C.V.

1,917

27,232

*

Copa Holdings S.A. (Class A)

2,278

1,299,600

*

Cosco Corp Singapore Ltd

244

620,000

 

Cosco International Holdings Ltd

190

1,375,536

 

COSCO Pacific Ltd

1,066

852,315

*

COSCO SHIPPING Holdings Co Ltd - A

2,058

2,404,809

*

COSCO SHIPPING Holdings Co Ltd - H

4,135

454,315

 

Costamare, Inc

 

7,746

11,181

 

Covenant Transportation Group, Inc

241

3,174,810

 

CSX Corp

 

118,897

141,380

 

CTT-Correios de Portugal S.A.

702

29,994

 

D/S Norden

 

1,047

903,900

 

Daqin Railway Co Ltd

977

5,009

*

Daseke, Inc

 

50

883,597

*

Delta Air Lines, Inc

34,964

625,960

*,e

Deutsche Lufthansa AG.

5,048

1,551,907

 

Deutsche Post AG.

74,106

46,532

 

Dfds A.S.

 

1,984

257,776

*

DiDi Global, Inc (ADR)

644

550,883

 

DSV AS

 

105,580

7,345

 

Eagle Bulk Shipping, Inc

500

355,438

 

East Japan Railway Co

20,572

368,746

*

easyJet plc

 

2,675

464,700

*

EcoRodovias Infraestrutura e Logistica S.A.

745

327,373

*,g

Enav S.p.A

 

1,510

3,679,703

*,g

Europcar Groupe S.A.

2,015

2,989,000

 

Eva Airways Corp

 

3,304

3,056,000

 

Evergreen International Storage & Transport Corp

3,908

2,160,532

 

Evergreen Marine Corp Taiwan Ltd

10,043

22,403

e

Exchange Income Corp

767

166,129

 

Expeditors International of Washington, Inc

17,138

244,381

 

FedEx Corp

 

56,547

803,131

*,e

Finnair Oyj

 

441

816,079

*

Firstgroup plc

 

1,188

24,336

*

Flughafen Zuerich AG.

4,368

43,266

 

Forward Air Corp

 

4,231

44,915

*

Fraport AG. Frankfurt Airport Services Worldwide

2,490

4,354

*

Frontier Group Holdings, Inc

49

33,960

 

Fukuyama Transporting Co Ltd

1,011

27,438

 

Genco Shipping & Trading Ltd

648

453,838

 

Getlink S.E.

 

8,173

2,152,221

*

GMR Infrastructure Ltd

1,042

59,071

*

Go-Ahead Group plc

639

254,500

*

Gol Linhas Aereas Inteligentes S.A.

919

148

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

518,492

e

Golden Ocean Group Ltd

$6,373

1,143,045

*,e

Grab Holdings Ltd

4,001

351,600

e

Grupo Aeroportuario del Centro Norte Sab de C.V.

2,631

408,449

e

Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)

6,625

228,338

 

Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)

5,096

276,400

*,e,g

Grupo Traxion SAB de C.V.

444

266,648

 

Gujarat Pipavav Port Ltd

268

349,711

 

Gulf Warehousing Co

406

122,740

*

GXO Logistics, Inc

8,756

191,000

*

Hainan Meilan International Airport Co Ltd

435

17,000

 

Hamakyorex Co Ltd

397

44,755

 

Hamburger Hafen und Logistik AG.

796

8,035

 

Hanjin Transportation Co Ltd

205

205,911

 

Hankyu Hanshin Holdings, Inc

5,951

43,604

*

Hawaiian Holdings, Inc

859

39,856

 

Heartland Express, Inc

561

391,500

*

Hidrovias do Brasil S.A.

271

50,725

 

Hitachi Transport System Ltd

2,783

286,972

*

Hub Group, Inc (Class A)

22,157

10,804,551

 

Hutchison Port Holdings Trust

2,634

4,295

*

HyreCar, Inc

10

20,059

 

Hyundai Glovis Co Ltd

3,163

240,854

 

Hyundai Merchant Marine Co Ltd

5,738

3,064

*

ID Logistics Group

1,091

150,438

 

Iino Kaiun Kaisha Ltd

1,008

94,294

*,g

InterGlobe Aviation Ltd

2,492

1,146,129

 

International Container Term Services, Inc

4,965

122,437

*

Japan Airlines Co Ltd

2,283

73,600

*

Japan Airport Terminal Co Ltd

3,352

2,141,700

*

Jasa Marga Tbk PT

573

21,563

e

JB Hunt Transport Services, Inc

4,330

18,243

*

Jeju Air Co Ltd

311

200,260

*

JET2 plc

3,005

283,888

*

JetBlue Airways Corp

4,244

908,915

 

Jiangsu Express

949

27,490

*

Jin Air Co Ltd

422

125,400

 

Kamigumi Co Ltd

2,251

57,088

e

Kawasaki Kisen Kaisha Ltd

3,716

268,300

 

Keihin Electric Express Railway Co Ltd

2,745

92,793

 

Keio Corp

3,617

102,502

 

Keisei Electric Railway Co Ltd

2,847

182,294

 

Kelsian Group Ltd

957

397,009

 

Kerry Logistics Network Ltd

907

170,225

 

Kintetsu Corp

4,873

92,900

 

Kintetsu World Express, Inc

2,377

55,046

*

Kirby Corp

3,974

490,756

 

Knight-Swift Transportation Holdings, Inc

24,764

26,268

 

Konoike Transport Co Ltd

247

9,672

*

Korea Express Co Ltd

1,028

673,903

*

Korea Line Corp

1,541

110,917

*

Korean Air Lines Co Ltd

2,742

69,697

 

Kuehne & Nagel International AG.

19,789

162,400

 

Kyushu Railway Co

3,317

5,577

 

Landstar System, Inc

841

663,717

 

Localiza Rent A Car

8,518

19,937

 

Lotte Rental Co Ltd

717

289,877

*

Lyft, Inc (Class A)

11,131

35,500

g

Mahindra Logistics Ltd

236

1,137,254

*

Malaysia Airports Holdings BHD

1,880

183,530

 

Marten Transport Ltd

3,260

41,650

 

Maruwa Unyu Kikan Co Ltd

381

30,630

 

Maruzen Showa Unyu Co Ltd

792

36,849

 

Matson, Inc

4,445

33,336

*

Mesa Air Group, Inc

147

149

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,802,740

 

MISC BHD

$3,147

63,928

 

Mitsubishi Logistics Corp

1,582

228,000

 

Mitsui OSK Lines Ltd

6,334

47,114

 

Mitsui-Soko Co Ltd

964

213,400

 

Movida Participacoes S.A.

783

1,413,623

 

MPC Container Ships AS.

4,724

1,615,863

 

MTR Corp

8,702

109,975

 

Mullen Group Ltd

1,175

227,300

 

Nagoya Railroad Co Ltd

4,022

128,527

 

Nankai Electric Railway Co Ltd

2,480

654,377

*

National Express Group plc

1,999

76,726

 

Nippon Express Holdings, Inc

5,271

100,149

 

Nippon Konpo Unyu Soko Co Ltd

1,671

122,666

 

Nippon Yusen Kabushiki Kaisha

10,730

67,600

e

Nishi-Nippon Railroad Co Ltd

1,481

16,097

 

Norfolk Southern Corp

4,591

657,437

*

Norwegian Air Shuttle AS

801

7,566

*

NTG Nordic Transport Group A.S.

457

259,394

 

Odakyu Electric Railway Co Ltd

4,299

41,478

e

Oesterreichische Post AG.

1,474

102,760

 

Old Dominion Freight Line

30,692

5,873,290

 

Pacific Basin Shipping Ltd

3,145

1,622

*

PAM Transportation Services, Inc

56

168,863

 

Pan Ocean Co Ltd

967

30,779

*

Pegasus Hava Tasimaciligi AS.

225

749,900

 

Precious Shipping PCL

384

241,192

 

Promotora y Operadora de Infraestructura SAB de C.V.

1,911

1,031,587

*

Qantas Airways Ltd

3,989

675,648

 

Qatar Navigation QSC

1,596

3,746,720

 

Qube Logistics Holdings Ltd

8,731

193,796

*

Radiant Logistics, Inc

1,234

260,503

 

Redde Northgate plc

1,478

1,120,600

 

Regional Container Lines PCL

1,461

936,230

 

Royal Mail plc

4,023

1,414,946

*

Rumo S.A.

5,513

29,769

e

Ryder System, Inc

2,362

44,746

 

Safe Bulkers, Inc

213

87,897

 

Sagami Railway Co Ltd

1,642

21,105

*

Saia, Inc

5,146

96

*,†

SAir Group

0

11,570

 

Sakai Moving Service Co Ltd

400

156,850

 

Sankyu, Inc

5,112

538,300

 

Santos Brasil Participacoes S.A.

862

149

*,e

SAS AB

0^

112,379

*

Saudi Ground Services Co

999

40,574

 

Saudi Industrial Services Co

307

62,317

*

Saudi Public Transport Co

370

48,204

 

SBS Holdings, Inc

1,311

152,525

 

Schneider National, Inc

3,889

278,400

e

Seibu Holdings, Inc

2,879

151,806

 

Seino Holdings Corp

1,381

120,096

 

Senko Co Ltd

880

64,200

*

Sequoia Logistica e Transportes S.A.

169

203,439

 

SF Holding Co Ltd

1,460

256,390

 

SG Holdings Co Ltd

4,828

53,196

*

Shanghai International Airport Co Ltd

410

530,760

 

Shanghai International Port Group Co Ltd

456

1,120,902

 

Shenzhen International Holdings Ltd

1,179

4,827

 

Shenzhen Investment Holdings Bay Area Development Co Ltd

2

84,260

 

Shinwa Kaiun Kaisha Ltd

2,876

139,972

 

Shipping Corp of India Ltd

212

333,300

*

SIA Engineering Co Ltd

624

974,000

 

Sichuan Expressway Co Ltd

241

354,600

 

SIMPAR S.A.

874

150

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,480,000

 

Sincere Navigation

$1,427

1,392,350

*,e

Singapore Airlines Ltd

5,611

824,200

*

Singapore Airport Terminal Services Ltd

2,627

1,892,819

 

Singapore Post Ltd

904

108,347

 

Sinotrans Ltd (Class A)

68

2,301,000

 

SITC International Co Ltd

8,046

15,694

*

Sixt AG.

2,115

22,629

 

Sixt AG. (Preference)

1,691

43,564

*

Skywest, Inc

1,257

544,428

*

Southwest Airlines Co

24,935

361,775

*

SpiceJet Ltd

258

86,054

*

Spirit Airlines, Inc

1,882

571,573

*

Stagecoach Group plc

797

32,880

 

Stolt-Nielsen S.A.

620

49,783

 

Sumitomo Warehouse Co Ltd

933

464,447

*

Sun Country Airlines Holdings, Inc

12,159

185,000

 

T.Join Transportation Co

283

103,000

 

T3EX Global Holdings Corp

437

1,833,501

 

Taiwan High Speed Rail Corp

1,842

182,672

*

TAV Havalimanlari Holding AS

507

14,214

 

TCI Express Ltd

319

101,372

 

TFI International, Inc

10,797

1,946,000

 

Tianjin Port Development Holdings Ltd

156

587,041

 

TNT NV

2,237

156,643

 

Tobu Railway Co Ltd

3,809

463,118

 

Tokyu Corp

6,008

5,648,600

*,†

Trada Alam Minera Tbk PT

0^

8,207

 

Trancom Co Ltd

474

1,086,000

*

Transcoal Pacific Tbk PT

779

3,180,120

 

Transurban Group

32,132

663,065

*

Turk Hava Yollari

1,458

47,640

*,e

TuSimple Holdings, Inc

581

2,816,661

*

Uber Technologies, Inc

100,498

511,000

 

U-Ming Marine Transport Corp

1,047

2,618,125

 

Union Pacific Corp

715,298

294,953

*,e

United Airlines Holdings Inc

13,674

41,733

 

United International Transportation Co

572

1,309,703

 

United Parcel Service, Inc (Class B)

280,879

1,372

 

Universal Logistics Holdings Inc

28

24,237

*

US Xpress Enterprises, Inc

94

291,500

 

Vamos Locacao de Caminhoes Maquinas e Equipamentos S.A.

783

67,336

*,†

Virgin Australia Int Holdings

0^

125,777

*

Wallenius Wilhelmsen ASA

923

409,000

 

Wan Hai Lines Ltd

2,240

68,864

 

Werner Enterprises, Inc

2,823

193,423

 

West Japan Railway Co

8,015

901,594

 

Westports Holdings BHD

858

49,476

e

Westshore Terminals Investment Corp

1,311

1,362,000

 

Wisdom Marine Lines Co Ltd

4,082

168,655

*

XPO Logistics, Inc

12,278

307,021

e

Yamato Transport Co Ltd

5,735

1,465,000

*

Yang Ming Marine Transport

6,281

135,595

*

Yellow Corp

951

150,459

 

YTO Express Group Co Ltd

408

1,022,000

 

Yuexiu Transport Infrastructure Ltd

688

152,615

 

Yunda Holding Co Ltd

422

1,078,968

 

Zhejiang Expressway Co Ltd

906

97,533

 

ZIM Integrated Shipping Services Ltd

7,092

914,192

 

ZTO Express Cayman, Inc (ADR)

22,855

 

 

TOTAL TRANSPORTATION

2,681,233

UTILITIES - 2.5%

 

 

 

1,729,987

 

A2A S.p.A.

2,963

1,589,000

 

Absolute Clean Energy PCL

149

151

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

9,983,800

 

AC Energy Corp

 

$1,679

26,293

e

Acciona S.A.

 

5,026

85,258

 

ACEA S.p.A.

 

1,565

93,260

 

Actelios S.p.A.

 

910

305,003

 

Adani Gas Ltd

 

8,653

433,820

*

Adani Green Energy Ltd

 

10,895

943,029

*

Adani Power Ltd

 

2,274

304,982

*

Adani Transmissions Ltd

 

9,469

244,400

 

AES Brasil Energia S.A.

 

618

407,249

 

AES Corp

 

 

10,479

348,364

*,†

AET&D Holdings No 1 Ptd Ltd

0

801,564

 

AGL Energy Ltd

 

4,618

2,932,193

 

Aguas Andinas S.A.

 

623

304,783

*

Aksa Enerji Uretim AS

 

297

806,815

e

Algonquin Power & Utilities Corp

12,514

8,693

 

AlKhorayef Water & Power Technologies Co

222

48,636

 

Allete, Inc

 

 

3,258

2,092,838

 

Alliant Energy Corp

 

130,761

334,722

e

AltaGas Ltd

 

7,497

144,100

 

Alupar Investimento S.A.

 

835

2,155,430

 

Ameren Corp

 

202,093

2,781,522

 

American Electric Power Co, Inc

277,512

18,754

 

American States Water Co

1,669

44,076

 

American Water Works Co, Inc

7,296

1,299,274

 

APA Group

 

 

10,326

7,599

 

Artesian Resources Corp

 

369

93,428

 

Ascopiave S.p.A.

 

354

85,358

 

Atco Ltd

 

 

2,931

48,774

 

Athens Water Supply & Sewage Co S.A.

369

31,833

 

Atmos Energy Corp

 

3,804

408,418

*,h

Auren Energia S.A.

 

1,372

11,814

e

Avangrid, Inc

 

552

59,721

 

Avista Corp

 

2,696

750,230

 

B Grimm Power PCL

 

792

708,200

 

Banpu Power PCL

 

353

774,200

 

BCPG PCL

 

 

279

10,220,000

*

Beijing Energy International Holding Co Ltd

324

446,179

 

Beijing Enterprises Holdings Ltd

1,408

3,358,586

 

Beijing Enterprises Water Group Ltd

1,028

4,776,000

*,†

Beijing Gas Blue Sky Holdings Ltd

6

1,432,000

 

Beijing Jingneng Clean Energy Co Ltd

323

24,286

 

BKW S.A.

 

 

3,042

337,847

 

Black Hills Corp

 

26,021

104,957

e

Boralex, Inc

 

3,402

79,991

e

Brookfield Infrastructure

Corp

6,036

36,620

e

Brookfield Infrastructure

Corp

2,763

764,609

 

Brookfield

Renewable Corp

33,490

154,348

 

Brookfield

Renewable Corp

6,741

150,610

*,e

Cadiz, Inc

 

 

312

44,517

 

California Water Service Group

2,639

152,513

 

Canadian Utilities Ltd

 

4,675

712,000

 

Canvest Environment Protection Group Co Ltd

313

249,881

 

Capital Power Corp

 

8,137

140,105

 

Capital Stage AG.

 

2,921

186,600

 

CECEP Solar Energy Co Ltd

256

435,700

 

CECEP Wind-Power Corp

 

314

4,500,383

 

Centerpoint Energy, Inc

 

137,892

345,149

 

Centrais Eletricas Brasileiras S.A.

2,753

255,739

 

Centrais Eletricas Brasileiras S.A. (Preference)

2,014

7,165,754

*

Centrica plc

 

7,496

637,462

 

CESC Ltd

 

 

635

192,087

 

CEZ AS

 

 

8,057

910,000

e

CGN New Energy Holdings Co Ltd

396

3,613,000

g

CGN Power Co Ltd

 

941

152

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

14,912

 

Chesapeake Utilities Corp

$2,054

2,770,000

 

China Datang Corp Renewable Power Co Ltd

1,137

557,000

e,g

China Everbright Greentech Ltd

161

1,091,113

e

China Everbright Water Ltd

252

2,166,765

 

China Gas Holdings Ltd

2,762

2,278,044

 

China Longyuan Power Group Corp

5,120

562,900

 

China National Nuclear Power Co Ltd

716

3,903,847

 

China Power International Development Ltd

2,054

637,312

 

China Resources Gas Group Ltd

2,682

1,388,373

 

China Resources Power Holdings Co

2,584

1,658,200

 

China Three Gorges Renewables Group Co Ltd

1,596

389,500

 

China Tian Lun Gas Holdings Ltd

275

1,302,000

 

China Water Affairs Group Ltd

1,419

536,101

 

China Yangtze Power Co Ltd

1,853

622,346

 

Chubu Electric Power Co, Inc

6,441

353,300

e

Chugoku Electric Power Co, Inc

2,457

383,001

 

Cia de Saneamento Basico do Estado de Sao Paulo

3,838

1,165,600

 

Cia de Saneamento de Minas Gerais-COPASA

3,356

143,400

 

Cia de Saneamento do Parana

614

388,100

 

Cia de Saneamento do Parana (Preference)

334

1,193,620

 

Cia Energetica de Minas Gerais

3,813

14,700

 

Cia Energetica do Ceara

166

59,500

 

Cia Paranaense de Energia

466

982,000

 

Cia Paranaense de Energia

1,559

709,723

 

CK Infrastructure Holdings Ltd

4,744

1,921,700

 

CK Power PCL

300

236,558

 

Clearway Energy, Inc (Class A)

7,882

281,033

 

Clearway Energy, Inc (Class C)

10,261

1,820,817

 

CLP Holdings Ltd

17,716

179,221

 

CMS Energy Corp

12,535

9,749,313

 

Colbun S.A.

800

9,100,000

 

Concord New Energy Group Ltd

842

119,415

 

Consolidated Edison, Inc

11,306

362,664

 

Constellation Energy Corp

20,400

953,755

 

Contact Energy Ltd

5,367

316,489

g

ContourGlobal plc

791

1,320,000

*,†,a,e

CT Environmental Group Ltd

2

1,648,725

 

Dominion Energy, Inc

140,092

74,509

*

Doral Group Renewable Energy Resources Ltd

340

460,598

 

Drax Group plc

4,737

46,542

 

DTE Energy Co

6,153

328,082

 

Duke Energy Corp

36,634

2,137,568

 

E.ON AG.

24,835

486,700

 

Eastern Water Resources Development and Management PCL

107

155,472

 

Edison International

10,899

421,700

 

EDP - Energias do Brasil S.A.

2,083

294,891

 

EDP Renovaveis S.A.

7,582

177,700

 

Electric Power Development Co

2,538

531,017

 

Electricite de France

4,984

348,417

 

Electricity Generating PCL

1,776

31,851

 

Elia System Operator S.A.

4,860

310,660

 

Emera, Inc

15,399

53,117

e

Enagas

1,180

195,268

 

Endesa S.A.

4,258

612,290

*

Enea S.A.

1,335

33,561,601

 

Enel Chile S.A.

1,002

13,416,920

 

Enel S.p.A.

89,581

2,510,166

 

Energias de Portugal S.A.

12,355

198,133

 

Energisa S.A.

2,031

282,596

 

Energix-Renewable Energies Ltd

1,078

1,678,944

 

Energy Absolute PCL

4,948

245,405

g

Enerjisa Enerji AS.

272

25,239,138

 

Enersis S.A.

3,045

839,700

*

Eneva S.A.

2,607

153

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

189,048

 

Engie Brasil Energia S.A.

$1,717

499,895

 

Engie Energia Chile S.A.

304

2,546,825

 

Engie S.A.

33,483

1,118,499

*

Enlight Renewable Energy Ltd

2,619

544,135

 

ENN Energy Holdings Ltd

8,127

157,900

 

ENN Natural Gas Co Ltd

439

93,051

 

Entergy Corp

10,864

1,103,519

 

Equatorial Energia S.A.

6,307

30,443

e

eRex Co Ltd

430

68,950

 

ERG S.p.A.

2,287

75,816

 

Essential Utilities Inc

3,876

55,762

 

Evergy, Inc

3,811

119,530

 

Eversource Energy

10,541

59,538

 

EVN AG.

1,535

1,075,994

 

Exelon Corp

51,250

5,629

*,e

Fastned BV

266

107,352

e

Fersa Energias Renovables S.A.

151

707,400

 

First Gen Corp

361

2,032,732

 

FirstEnergy Corp

93,221

225,793

g

Fjordkraft Holding ASA

861

566,367

 

Fortis, Inc

28,011

395,952

 

Fortum Oyj

7,237

1,870,397

 

GAIL India Ltd

3,825

14,430,000

*,e

GCL New Energy Holdings Ltd

299

1,091,700

 

GD Power Development Co Ltd

431

640,033

 

Genesis Energy Ltd

1,276

779,257

 

Global Power Synergy Co Ltd

1,686

2,518

 

Global Water Resources, Inc

42

215,222

*,†

GMR Power and Urban Infra Ltd

141

14,109

*,e

Grenergy Renovables S.A.

533

2,145,210

 

Guangdong Investments Ltd

2,923

215,483

 

Gujarat Gas Ltd

1,425

340,076

 

Gujarat State Petronet Ltd

1,157

3,234,627

 

Gulf Energy Development PCL

4,961

4,974,800

 

Gunkul Engineering PCL

909

26,321

e

Hawaiian Electric Industries, Inc

1,114

905,010

 

Hera S.p.A.

3,334

2,863,000

 

HK Electric Investments & HK Electric Investments Ltd

2,796

199,193

 

Hokkaido Electric Power Co, Inc

789

208,877

e

Hokuriku Electric Power Co

909

140,104

 

Holding CO ADMIE IPTO S.A.

346

12,354,979

 

Hong Kong & China Gas Ltd

14,924

1,543,438

 

Hong Kong Electric Holdings Ltd

10,059

425,919

 

Huadian Power International Corp Ltd (Class A)

236

300,866

 

Huaneng Power International, Inc - A

325

2,674,751

 

Huaneng Power International, Inc - H

1,135

395,089

g

Hydro One Ltd

10,644

7,616,612

 

Iberdrola S.A.

83,249

12,611

 

Idacorp, Inc

1,455

326,372

 

Indraprastha Gas Ltd

1,601

882,473

 

Infratil Ltd

5,035

165,475

e

Innergex Renewable Energy, Inc

2,631

1,027,900

*,†

Inter Far East Energy Corp

0^

479,854

 

Interconexion Electrica S.A.

3,090

392,626

 

Inversiones Aguas Metropolitanas S.A.

198

698,927

 

Iride S.p.A.

1,852

493,410

 

Italgas S.p.A

3,165

243,000

 

Jiangsu Eastern Shenghong Co Ltd

541

813,528

 

Kansai Electric Power Co, Inc

7,663

25,292

 

Kenon Holdings Ltd

1,664

4,328,793

 

Keppel Infrastructure Trust

1,784

184,403

 

Korea Electric Power Corp

3,436

990,700

 

Kyushu Electric Power Co, Inc

6,633

350,366

 

Light S.A.

762

154

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7

 

Macquarie Infrastructure Co LLC

$0^

60,315

 

Mahanagar Gas Ltd

618

1,897,600

 

Malakoff Corp BHD

270

272,742

 

Manila Electric Co

1,966

1,345,400

 

Manila Water Co, Inc

523

658,000

 

Mega First Corp BHD

581

727,333

 

Mercury NZ Ltd

2,986

1,368,698

 

Meridian Energy Ltd

4,769

31,812

 

MGE Energy, Inc

2,538

9,826

 

Middlesex Water Co

1,033

19,340

 

National Fuel Gas Co

1,329

38,912

 

National Gas & Industrialization Co

524

4,886,826

 

National Grid plc

75,102

112,735

e

Naturgy Energy Group S.A.

3,377

45,521

*,e,g

Neoen S.A.

1,934

89,362

 

New Jersey Resources Corp

4,098

3,379,764

 

NextEra Energy, Inc

286,300

128,787

e

Nippon Gas Co Ltd

1,572

104,143

 

NiSource, Inc

3,312

341,262

 

NLC India Ltd

279

269,645

 

Northland Power Income Fund

8,964

62,510

 

Northwest Natural Holding Co

3,233

45,982

 

NorthWestern Corp

2,781

205,631

 

NRG Energy, Inc

7,888

5,548,089

 

NTPC Ltd

9,839

207,986

e

OGE Energy Corp

8,482

52,401

 

Okinawa Electric Power Co, Inc

592

283,300

*

Omega Energia S.A.

712

106,643

 

ONE Gas, Inc

9,410

105,328

*

OPC Energy Ltd

1,199

1,822,979

 

Origin Energy Ltd

8,485

40,306

e

Ormat Technologies, Inc

3,298

208,424

*,g

Orsted AS

26,089

249,034

 

Osaka Gas Co Ltd

4,267

61,884

 

Otter Tail Corp

3,868

340,007

 

Pennon Group plc

4,785

1,116,878

 

Petronas Gas BHD

4,421

1,578,137

*,b

PG&E Corp

18,843

964,718

*

PGE Polska Grupa Energetyczna S.A.

2,078

29,685

 

Pinnacle West Capital Corp

2,318

77,670

 

PNM Resources, Inc

3,703

82,365

 

Portland General Electric Co

4,542

3,626,197

 

Power Grid Corp of India Ltd

10,338

183,641

 

PPL Corp

5,245

32,865,900

*

PT Perusahaan Gas Negara Persero Tbk

3,203

224,240

*

Public Power Corp

1,877

122,184

 

Public Service Enterprise Group, Inc

8,553

30,563

*

Pure Cycle Corp

367

451,405

 

Qatar Electricity & Water Co

2,263

598,027

 

Ratch Group PCL

791

94,709

 

Red Electrica Corp S.A.

1,944

428,883

 

Redes Energeticas Nacionais S.A.

1,352

5,240,837

*

Reliance Power Ltd

926

42,800

*,e

RENOVA, Inc

596

114,284

 

Rubis S.C.A

3,359

2,258,523

 

RWE AG.

98,342

25,000

 

Saibu Gas Co Ltd

408

7,211

 

Sam Kwang Glass Ind Co Ltd

298

949,070

 

Saudi Electricity Co

6,670

144,065

g

Scatec Solar ASA

2,181

1,025,699

 

Scottish & Southern Energy plc

23,436

382,212

 

SDIC Power Holdings Co Ltd

561

36,738

 

Sechilienne-Sidec

1,782

1,201,078

 

SembCorp Industries Ltd

2,354

155

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

333,498

 

Sempra Energy

$56,068

54,951

 

Severn Trent plc

2,215

 

 

Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power

 

729,319

 

Plant KSC

535

184,088

 

Shenzhen Energy Group Co Ltd

186

275,342

 

Shikoku Electric Power Co, Inc

1,780

60,010

 

Shizuoka Gas Co Ltd

418

196,400

 

Sichuan Chuantou Energy Co Ltd

332

23,275

 

SJW Corp

1,619

436,654

 

Snam Rete Gas S.p.A.

2,518

81,182

*

Solaria Energia y Medio Ambiente S.A.

1,821

128,000

*,†

Sound Global Ltd

0^

267,454

 

South Jersey Industries, Inc

9,241

254,966

 

Southern Co

18,488

56,381

 

Southwest Gas Holdings Inc

4,414

449,400

 

SPCG PCL

234

232,393

 

Spire, Inc

16,677

265,664

*

Sunnova Energy International, Inc

6,126

16,074,400

 

Super Energy Corp PCL (Foreign)

430

190,643

e

Superior Plus Corp

1,751

581,000

 

Taiwan Cogeneration Corp

780

1,625,604

 

Tata Power Co Ltd

5,081

1,439,261

*

Tauron Polska Energia S.A.

980

79,914

 

Telecom Plus plc

1,598

2,657,904

 

Tenaga Nasional BHD

5,689

55,599

 

Terna Energy S.A.

1,019

1,403,493

 

Terna Rete Elettrica Nazionale S.p.A.

12,052

89,100

 

Toho Gas Co Ltd

1,983

619,900

 

Tohoku Electric Power Co, Inc

3,619

1,094,496

*

Tokyo Electric Power Co, Inc

3,613

748,142

 

Tokyo Gas Co Ltd

13,696

194,731

 

Torrent Power Ltd

1,259

1,317,000

 

Towngas China Co Ltd

688

2,941,400

 

TPI Polene Power PCL

345

293,391

 

TransAlta Corp

3,037

128,444

e

TransAlta Renewables, Inc

1,899

244,600

 

Transmissora Alianca de Energia Eletrica S.A.

2,268

1,331,100

 

TTW PCL

444

51,864

 

UGI Corp

1,879

94,956

 

Uniper SE

2,453

149,981

 

United Utilities Group plc

2,209

31,379

 

Unitil Corp

1,565

955,862

 

Veolia Environnement

30,648

73,754

 

Verbund AG.

7,789

17,478

e

Via Renewables, Inc

144

497,002

 

Vistra Energy Corp

11,555

28,711

*,e

Voltalia S.A.

582

1,001,027

 

WEC Energy Group, Inc

99,913

27,730

 

West Holdings Corp

1,086

811,600

 

WHA Utilities and Power PCL

100

2,463,444

 

Xcel Energy, Inc

177,787

5,947

 

York Water Co

267

4,950,400

 

YTL Corp BHD

695

2,147,800

 

YTL Power International BHD

337

 

 

TOTAL UTILITIES

3,212,115

 

 

TOTAL COMMON STOCKS

126,136,203

 

 

(Cost $108,224,182)

 

156

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

PREFERRED STOCKS - 0.0%

 

 

 

REAL ESTATE - 0.0%

 

 

 

8,497,223 *,†

Ayala Land, Inc

$16

 

 

TOTAL REAL ESTATE

16

 

 

TOTAL PREFERRED STOCKS

16

 

 

(Cost $20)

 

 

 

 

EXPIRATION

 

 

 

 

DATE

 

RIGHTS/WARRANTS - 0.0%

 

 

 

 

 

CAPITAL GOODS - 0.0%

 

 

 

 

 

26,206

†,e

Webuild S.p.A

08/02/30

 

25

 

 

TOTAL CAPITAL GOODS

 

 

25

CONSUMER DURABLES & APPAREL - 0.0%

 

 

 

 

1,130,429

e

Cie Financiere Richemont S.A.

11/27/23

 

893

 

 

TOTAL CONSUMER DURABLES & APPAREL

 

 

893

CONSUMER SERVICES - 0.0%

 

 

 

 

 

69,576

e

PointsBet Holdings Pty Ltd

09/30/22

 

3

 

 

TOTAL CONSUMER SERVICES

 

 

3

DIVERSIFIED FINANCIALS - 0.0%

 

 

 

 

 

527,863

 

National Industries Group Holding SAK

 

 

140

26,653

 

Srisawad Corp PCL

08/29/25

 

6

 

 

TOTAL DIVERSIFIED FINANCIALS

 

 

146

ENERGY - 0.0%

 

 

 

 

 

8,715

e

Weatherford International plc

12/13/23

 

5

 

 

TOTAL ENERGY

 

 

5

MATERIALS - 0.0%

 

 

 

 

 

2,443

 

Dawonsys Co Ltd

05/01/22

 

15

 

 

TOTAL MATERIALS

 

 

15

MEDIA & ENTERTAINMENT - 0.0%

 

 

 

 

 

10,558

 

Advantage Solutions, Inc

12/31/26

 

10

230,631

Media General, Inc

 

 

0

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

10

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%

 

 

 

12,599

Chinook Therapeutics, Inc

 

 

0

1,666

 

Samsung Biologics Co Ltd

 

 

254

20,027

†,e

Tobira Therapeutics, Inc

 

 

1

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

255

REAL ESTATE - 0.0%

 

 

 

 

 

325,619

 

Lendlease Global Commercial REIT

05/25/22

 

13

33,324

 

MBK PCL

12/31/99

 

9

 

 

TOTAL REAL ESTATE

 

 

22

TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%

 

 

 

49,629

 

Quantum Corp

05/15/22

 

1

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

 

 

1

157

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

EXPIRATION

VALUE

SHARES

COMPANY

DATE

(000)

UTILITIES - 0.0%

 

 

 

 

531,017

Electricite de France S.A.

04/01/22

 

$193

 

TOTAL UTILITIES

 

 

193

 

TOTAL RIGHTS/WARRANTS

 

 

1,568

 

(Cost $91)

 

 

 

 

 

 

 

 

 

MATURITY

 

PRINCIPAL

 

 

ISSUER

RATE

 

DATE

 

 

SHORT-TERM INVESTMENTS - 2.3%

 

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 0.9%

 

 

 

 

 

 

 

$14,585,000

 

 

Federal Farm Credit Bank (FFCB)

0.000%

04/14/22

 

14,584

35,763,000

 

 

FFCB

0.000

04/21/22

 

35,760

20,000,000

 

 

FFCB

0.000

04/26/22

 

19,998

18,000,000

 

 

FFCB

0.000

05/02/22

 

17,993

11,000,000

 

 

FFCB

0.000

05/17/22

 

10,994

25,000,000

 

 

FFCB

0.000

06/10/22

 

24,970

7,000,000

 

 

FFCB

0.000

06/16/22

 

6,991

5,000,000

 

 

FFCB

0.000

07/12/22

 

4,989

12,214,000

 

 

FFCB

0.000

07/20/22

 

12,186

10,305,000

 

 

FFCB

0.000

07/22/22

 

10,281

10,000,000

 

 

FFCB

0.000

09/13/22

 

9,952

82,333,000

 

 

Federal Home Loan Bank (FHLB)

0.000

04/01/22

 

82,333

10,500,000

 

 

FHLB

0.000

04/04/22

 

10,500

21,179,000

 

 

FHLB

0.000

04/05/22

 

21,179

61,884,000

 

 

FHLB

0.000

04/06/22

 

61,882

30,000,000

 

 

FHLB

0.000

04/08/22

 

29,999

82,000,000

 

 

FHLB

0.000

04/11/22

 

81,996

44,389,000

 

 

FHLB

0.000

04/14/22

 

44,386

100,700,000

 

 

FHLB

0.000

04/18/22

 

100,692

23,815,000

 

 

FHLB

0.000

04/20/22

 

23,813

25,000,000

 

 

FHLB

0.000

04/21/22

 

24,998

21,000,000

 

 

FHLB

0.000

04/22/22

 

20,998

10,000,000

 

 

FHLB

0.000

04/25/22

 

9,999

10,000,000

 

 

FHLB

0.000

05/02/22

 

9,996

19,000,000

 

 

FHLB

0.000

05/04/22

 

18,993

26,612,000

 

 

FHLB

0.000

05/05/22

 

26,601

10,000,000

 

 

FHLB

0.000

05/06/22

 

9,996

25,000,000

 

 

FHLB

0.000

05/11/22

 

24,988

75,383,000

 

 

FHLB

0.000

05/13/22

 

75,346

25,000,000

 

 

FHLB

0.000

05/17/22

 

24,987

32,500,000

 

 

FHLB

0.000

05/18/22

 

32,482

15,000,000

 

 

FHLB

0.000

05/23/22

 

14,991

25,000,000

 

 

FHLB

0.000

05/24/22

 

24,985

6,100,000

 

 

FHLB

0.000

05/25/22

 

6,096

45,000,000

 

 

FHLB

0.000

05/27/22

 

44,971

6,000,000

 

 

FHLB

0.000

06/08/22

 

5,993

17,820,000

 

 

FHLB

0.000

06/17/22

 

17,796

30,000,000

 

 

FHLB

0.000

06/30/22

 

29,954

35,000,000

 

 

FHLB

0.000

07/07/22

 

34,929

10,300,000

 

 

FHLB

0.000

07/19/22

 

10,276

20,000,000

 

 

FHLB

0.000

08/04/22

 

19,937

8,000,000

 

 

FHLB

0.000

08/05/22

 

7,975

24,834,000

 

 

Federal National Mortgage Association (FNMA)

0.010

04/01/22

 

24,834

47,414,000

 

 

FNMA

0.000

05/04/22

 

47,396

7,815,000

 

 

Tennessee Valley Authority (TVA)

0.000

04/06/22

 

7,815

 

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

1,202,810

REPURCHASE AGREEMENT - 0.3%

 

 

 

 

 

 

 

371,390,000

 

r

Fixed Income Clearing Corp (FICC)

0.250

04/01/22

 

371,390

 

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

371,390

158

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

 

ISSUER

RATE

 

DATE

 

(000)

TREASURY DEBT - 0.1%

 

 

 

 

 

 

 

$12,500,000

 

 

United States Cash Management Bill

0.000%

04/12/22

 

$12,499

10,895,000

 

 

United States Treasury Bill

0.000

05/05/22

 

10,893

20,000,000

 

 

United States Treasury Bill

0.000

05/12/22

 

19,996

10,000,000

 

 

United States Treasury Bill

0.000

06/23/22

 

9,989

25,000,000

 

 

United States Treasury Bill

0.000

08/11/22

 

24,924

24,880,000

 

 

United States Treasury Note

2.250

04/15/22

 

24,899

300,000

 

 

United States Treasury Note

1.750

05/15/22

 

301

 

 

 

TOTAL TREASURY DEBT

 

 

 

 

103,501

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 1.0%

 

 

 

 

 

CERTIFICATE OF DEPOSIT - 0.0%

 

 

 

 

 

 

7,000,000

 

 

Credit Agricole

0.410

05/16/22

 

7,000

52,000,000

 

 

Mizuho Bank Ltd

0.250

05/09/22

 

52,000

10,000,000

 

 

MUFG Bank

0.460

08/16/22

 

10,000

7,000,000

 

 

National Australia Bank

0.460

09/23/22

 

7,000

8,000,000

 

 

Nordea Bank

0.430

10/24/22

 

7,999

 

 

 

TOTAL CERTIFICATE OF DEPOSIT

 

 

 

 

83,999

COMMERCIAL PAPER - 0.1%

 

 

 

 

 

 

 

62,000,000

 

 

Skandin Ens Banken

0.000

05/02/22

 

61,989

 

 

 

TOTAL COMMERCIAL PAPER

 

 

 

 

61,989

REPURCHASE AGREEMENT - 0.9%

 

 

 

 

 

 

70,000,000

 

s

Calyon

0.300

04/01/22

 

70,000

57,000,000

 

t

Citigroup

0.310

04/01/22

 

57,000

100,000,000

 

u

Deutsche Bank

0.300

04/01/22

 

100,000

120,000,000

 

v

Goldman Sachs

0.300

04/01/22

 

120,000

100,000,000

 

w

HSBC

0.300

04/01/22

 

100,000

50,000,000

 

x

JP Morgan

0.300

04/01/22

 

50,000

6,000,000

 

y

JP Morgan

0.300

04/01/22

 

6,000

11,000,000

 

z

Merrill Lynch

0.270

04/01/22

 

11,000

136,555,000

 

aa

Merrill Lynch

0.300

04/01/22

 

136,555

120,000,000

 

ab

Morgan Stanley

0.300

04/01/22

 

120,000

100,000,000

 

ac

Nomura

0.300

04/01/22

 

100,000

77,000,000

 

ad

Royal Bank of Scotland

0.300

04/01/22

 

77,000

100,000,000

 

ae

Societe Generale

0.300

04/01/22

 

100,000

18,000,000

 

af

Societe Generale

0.300

04/04/22

 

18,000

 

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

1,065,555

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED

 

 

 

 

1,211,543

 

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

2,889,244

 

 

 

(Cost $2,889,644)

 

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 100.8%

 

 

 

 

129,027,092

 

 

 

(Cost $111,114,001)

 

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (0.8)%

 

 

 

 

(1,021,656)

 

 

 

NET ASSETS - 100.0%

 

 

 

 

$128,005,436

 

 

ADR

American Depositary Receipt

 

 

 

 

 

 

 

ETF

Exchange Traded Fund

 

 

 

 

 

 

 

GDR

Global Depositary Receipt

 

 

 

 

 

 

 

HDC

Housing Development Corporation

 

 

 

 

 

 

 

INR

Indian Rupee

 

 

 

 

 

 

 

REIT

Real Estate Investment Trust

 

 

 

 

 

 

 

SPDR

Standard & Poor's Depositary Receipts

 

 

 

 

 

159

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

^Amount represents less than $1,000. * Non-income producing

† Security is categorized as Level 3 in the fair value hierarchy. a Affiliated holding

b In bankruptcy

e All or a portion of these securities are out on loan. The aggregate value of securities on loan is $2,031,362,792.

g Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions

 

exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $1,232,043,500 or 1.0% of net assets.

h

All or a portion of these securities were purchased on a delayed delivery basis.

n

All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $371,390,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 2.375% and maturity date 3/31/29, valued at $378,817,818.

sAgreement with Calyon, 0.300% dated 3/31/22 to be repurchased at $70,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 2.000% and maturity date 1/20/51, valued at $71,400,000.

tAgreement with Citigroup, 0.310% dated 3/31/22 to be repurchased at $57,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.000%–4.375% and maturity dates 5/15/28–2/15/38, valued at $58,140,126.

uAgreement with Deutsche Bank, 0.300% dated 3/31/22 to be repurchased at $100,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.000% and maturity dates 5/15/25–8/15/26, valued at $102,000,000.

vAgreement with Goldman Sachs, 0.300% dated 3/31/22 to be repurchased at $120,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.125%–2.500% and maturity dates 8/15/23–2/15/45, valued at $122,400,004.

wAgreement with HSBC, 0.300% dated 3/31/22 to be repurchased at $100,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.640%–1.375% and maturity dates 4/30/23–11/15/31, valued at $102,000,005.

xAgreement with JP Morgan, 0.300% dated 3/31/22 to be repurchased at $50,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 2.500%–6.500% and maturity dates 1/20/39–12/20/51, valued at $51,000,000.

yAgreement with JP Morgan, 0.300% dated 3/31/22 to be repurchased at $6,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 3.000%–5.500% and maturity dates 1/20/47–10/20/49, valued at $6,120,001.

zAgreement with Merrill Lynch, 0.270% dated 3/31/22 to be repurchased at $11,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate

 

0.125% and maturity date 9/15/23, valued at $11,220,063.

aa

Agreement with Merrill Lynch, 0.300% dated 3/31/22 to be repurchased at $136,555,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate

 

2.000% and maturity date 2/20/52, valued at $139,286,101.

ab

Agreement with Morgan Stanley, 0.300% dated 3/31/22 to be repurchased at $120,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon

 

rates 2.000%–9.000% and maturity dates 7/1/22–3/1/52, valued at $122,400,000.

ac

Agreement with Nomura, 0.300% dated 3/31/22 to be repurchased at $100,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates

 

0.000%–4.500% and maturity dates 4/20/22–2/15/41, valued at $102,000,176.

ad

Agreement with Royal Bank of Scotland, 0.300% dated 3/31/22 to be repurchased at $77,000,000 on 4/1/22, collateralized by Government Agency Securities, with

 

coupon rate 1.500% and maturity date 8/15/22, valued at $78,540,083.

ae

Agreement with Societe Generale, 0.300% dated 3/31/22 to be repurchased at $100,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon

 

rates 0.250%–3.500% and maturity dates 9/30/23–1/20/52, valued at $102,000,004.

af

Agreement with Societe Generale, 0.300% dated 3/28/22 to be repurchased at $18,000,000 on 4/4/22, collateralized by Government Agency Securities, with coupon

 

rates 2.500%–3.500% and maturity dates 8/1/40–9/1/51, valued at $18,360,000.

Cost amounts are in thousands.

Principal denominated in U.S. Dollars, unless otherwise noted.

Written options outstanding as of March 31, 2022 were as follows (notional amounts and values are in thousands):

 

Number of

 

Notional

 

Exercise

Expiration

 

 

Description/underlying investment

contracts

 

amount

 

price

date

 

Value

Advanced Micro Devices, Inc, Put

30

$

(11‌)

$

90.00‌

04/14/22

$

(1‌)

Alphabet, Inc, Call

3

 

(4‌)

 

3,000.00‌

04/14/22

 

(1‌)

American Express Co, Call

20

 

(6‌)

 

185.00‌

04/14/22

 

(12‌)

American Express Co, Call

20

 

(4‌)

 

210.00‌

04/14/22

 

(0‌)^

American Express Co, Put

20

 

(16‌)

 

140.00‌

06/17/22

 

(2‌)

Apple, Inc, Put

20

 

(6‌)

 

140.00‌

04/14/22

 

(0‌)^

AutoZone, Inc, Call

5

 

(6‌)

 

2,200.00‌

05/20/22

 

(14‌)

Blackstone, Inc, Call

20

 

(3‌)

 

135.00‌

04/14/22

 

(2‌)

Broadcom, Inc, Call

10

 

(3‌)

 

700.00‌

05/20/22

 

(5‌)

Broadcom, Inc, Put

10

 

(6‌)

 

500.00‌

04/14/22

 

(0‌)^

Broadcom, Inc, Put

10

 

(4‌)

 

500.00‌

05/20/22

 

(2‌)

Ciena Corp, Put

30

 

(3‌)

 

50.00‌

04/14/22

 

(0‌)^

Citigroup, Inc, Call

30

 

(1‌)

 

65.00‌

04/14/22

 

(0‌)^

Generac Holdings, Inc, Put

10

 

(36‌)

 

270.00‌

08/19/22

 

(22‌)

Intuitive Surgical, Inc, Call

213

 

(77‌)

 

350.00‌

04/14/22

 

(11‌)

Intuitive Surgical, Inc, Call

213

 

(97‌)

 

340.00‌

06/17/22

 

(107‌)

Intuitive Surgical, Inc, Put

213

 

(492‌)

 

280.00‌

06/17/22

 

(200‌)

Meta Platforms, Inc, Call

20

 

(6‌)

 

235.00‌

05/20/22

 

(18‌)

Meta Platforms, Inc, Put

20

 

(15‌)

 

165.00‌

05/20/22

 

(2‌)

Microsoft Corp, Call

20

 

(2‌)

 

325.00‌

04/14/22

 

(2‌)

Microsoft Corp, Call

20

 

(4‌)

 

340.00‌

05/20/22

 

(4‌)

Microsoft Corp, Put

20

 

(5‌)

 

260.00‌

05/20/22

 

(3‌)

160

COLLEGE RETIREMENT EQUITIES FUND - Stock Account

 

Number of

 

Notional

 

Exercise

Expiration

 

 

Description/underlying investment

contracts

 

amount

 

price

date

 

Value

NetFlix, Inc, Call

10

$

(5‌)

$

410.00‌

04/14/22

$

(2‌)

NetFlix, Inc, Call

10

 

(10‌)

 

490.00‌

06/17/22

 

(3‌)

NetFlix, Inc, Put

10

 

(50‌)

 

400.00‌

06/17/22

 

(44‌)

NVIDIA Corp, Call

10

 

(3‌)

 

325.00‌

04/14/22

 

(1‌)

NVIDIA Corp, Put

3,178

 

(2,940‌)

 

180.00‌

05/20/22

 

(286‌)

Palo Alto Networks, Inc, Call

99

 

(92‌)

 

650.00‌

04/29/22

 

(138‌)

Paramount Global, Call

50

 

(2‌)

 

42.50‌

04/14/22

 

(1‌)

Paramount Global, Put

45

 

(27‌)

 

35.00‌

06/17/22

 

(8‌)

PayPal Holdings, Inc, Call

20

 

(5‌)

 

115.00‌

04/14/22

 

(8‌)

PayPal Holdings, Inc, Put

20

 

(14‌)

 

80.00‌

07/15/22

 

(3‌)

Sea Ltd, Put

10

 

(8‌)

 

80.00‌

05/20/22

 

(2‌)

Sea Ltd, Put

20

 

(39‌)

 

120.00‌

09/16/22

 

(44‌)

Tesla, Inc, Call

5

 

(10‌)

 

1,300.00‌

05/20/22

 

(14‌)

Total

4,464

$

(4,012‌)

 

 

 

$

(962‌)

 

 

 

 

 

 

 

 

 

^Amount represents less than $1,000.

Futures contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

Number of

 

 

 

 

 

 

Unrealized

 

long (short)

Expiration

 

Notional

 

 

 

appreciation

Description

contracts

date

 

amount

 

Value

 

(depreciation)

Russell 2000 E Mini Index

584‌

06/17/22

$

58,615‌

$

60,339‌

$

1,724‌

 

S&P 500 E Mini Index

3,807‌

06/17/22

 

811,178‌

 

862,428‌

 

51,250‌

S&P Mid-Cap 400 E Mini Index

314‌

06/17/22

 

81,252‌

 

84,441‌

 

3,189‌

Total

4,705‌

 

$

951,045‌

$

1,007,208‌

$

56,163‌

 

 

 

 

 

 

 

 

 

 

161

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

COLLEGE RETIREMENT EQUITIES FUND

GLOBAL EQUITIES ACCOUNT

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2022

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

BONDS - 0.0%

 

 

 

 

 

 

 

 

CORPORATE BONDS - 0.0%

 

 

 

 

 

 

 

 

INDIA - 0.0%

 

 

 

 

 

 

 

 

INR 1,191,204

Britannia Industries Ltd

 

5.500%

06/03/24

 

$16

 

TOTAL INDIA

 

 

 

 

 

 

16

 

TOTAL CORPORATE BONDS

 

 

 

 

 

 

16

 

(Cost $17)

 

 

 

 

 

 

 

 

TOTAL BONDS

 

 

 

 

 

 

16

 

(Cost $17)

 

 

 

 

 

 

 

SHARES

 

COMPANY

 

COMMON STOCKS - 98.6%

 

 

 

AUSTRALIA - 1.5%

 

 

 

774,674

*

AMP Ltd

556

231,308

 

APA Group

1,838

1,845,209

 

Australia & New Zealand Banking Group Ltd

37,810

43,637

 

Australian Stock Exchange Ltd

2,655

681,005

*,†

AZ BGP Holdings

2

1,018,958

 

BHP Billiton Ltd

39,278

42,140

 

Cochlear Ltd

7,036

399,044

 

Commonwealth Bank of Australia

31,426

62,589

 

CSL Ltd

12,496

168,246

 

Endeavour Group Ltd

915

17,351,550

 

Glencore Xstrata plc

112,901

1,106,070

 

IDP Education Ltd

25,887

3,987,981

 

Ingenia Communities Group

15,055

520,953

 

Insurance Australia Group Ltd

1,705

77,551

 

Macquarie Group Ltd

11,728

29,588

e

Magellan Financial Group Ltd

350

620,804

 

Medibank Pvt Ltd

1,426

261,899

*

Megaport Ltd

2,683

720,488

 

National Australia Bank Ltd

17,346

1,184,134

*

NEXTDC Ltd

10,201

2,624,976

*,e

PointsBet Holdings Ltd

7,320

224,292

*

Qantas Airways Ltd

867

331,188

 

QBE Insurance Group Ltd

2,840

108,829

 

Ramsay Health Care Ltd

5,271

152,643

 

Rio Tinto plc

12,203

319,806

 

Sonic Healthcare Ltd

8,444

284,241

 

Suncorp-Metway Ltd

2,356

889,375

 

Telstra Corp Ltd

2,628

95,986

 

Wesfarmers Ltd

3,602

826,872

 

Westpac Banking Corp

14,939

168,246

 

Woolworths Ltd

4,671

3,713,938

*,e

Zip Co Ltd

4,021

 

 

TOTAL AUSTRALIA

402,456

AUSTRIA - 0.1%

 

 

 

310,335

g

BAWAG Group AG.

15,659

167,537

 

Erste Bank der Oesterreichischen Sparkassen AG.

6,110

13,394

 

Verbund AG.

1,414

 

 

TOTAL AUSTRIA

23,183

162

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

BELGIUM - 0.1%

 

 

 

101,045

 

Anheuser-Busch InBev S.A.

$6,041

276,855

 

KBC Groep NV

19,864

 

 

TOTAL BELGIUM

25,905

BERMUDA - 0.0%

 

 

 

10,387

 

RenaissanceRe Holdings Ltd

1,646

 

 

TOTAL BERMUDA

1,646

BRAZIL - 1.1%

 

 

 

34,200

 

Alpargatas S.A.

187

1,070,600

 

AMBEV S.A.

3,463

4,641,172

 

Americanas S.A.

31,828

103,209

*

Americanas S.A.

696

110,400

 

Atacadao Distribuicao Comercio e Industria Ltd

522

1,039,700

 

B3 SA-Brasil Bolsa Balcao

3,431

2,021,562

 

Banco Bradesco S.A.

7,758

14,486,744

 

Banco Bradesco S.A. (Preference)

67,610

3,266,360

 

Banco BTG Pactual S.A. - Unit

17,865

76,232

 

Banco do Brasil S.A.

556

81,503

 

Banco Inter S.A.

363

34,700

 

Banco Santander Brasil S.A.

269

150,900

 

BB Seguridade Participacoes S.A.

810

41,800

 

Braskem S.A.

389

154,100

*

BRF S.A.

602

68,555

 

Centrais Eletricas Brasileiras S.A.

547

53,300

 

Centrais Eletricas Brasileiras S.A. (Preference)

420

260,300

 

Cia de Concessoes Rodoviarias

749

79,900

 

Cia de Saneamento Basico do Estado de Sao Paulo

801

221,850

 

Cia Energetica de Minas Gerais

709

141,200

 

Cia Siderurgica Nacional S.A.

772

231,568

 

Cosan SA Industria e Comercio

1,150

39,100

 

Energisa S.A.

401

37,750

 

Engie Brasil Energia S.A.

343

227,299

 

Equatorial Energia S.A.

1,299

255,200

 

Gerdau S.A. (Preference)

1,651

827,515

g

Hapvida Participacoes e Investimentos S.A.

2,058

31,200

 

Hypermarcas S.A.

254

1,222,137

 

Investimentos Itau S.A. - PR

2,759

5,392,319

 

Itau Unibanco Holding S.A.

31,124

154,100

 

Klabin S.A.

781

132,895

 

Localiza Rent A Car

1,705

211,792

 

Lojas Renner S.A.

1,223

5,421,500

 

Magazine Luiza S.A.

7,766

9,924

*

MercadoLibre, Inc

11,804

194,395

*

Natura & Co Holding S.A.

1,064

408,681

*

Pagseguro Digital Ltd

8,194

176,300

*

Petro Rio S.A.

882

865,200

 

Petroleo Brasileiro S.A.

6,404

1,101,738

 

Petroleo Brasileiro S.A. (Preference)

7,741

246,100

 

Raia Drogasil S.A.

1,237

81,100

g

Rede D'Or Sao Luiz S.A.

850

285,700

*

Rumo S.A.

1,113

595,581

*

StoneCo Ltd

6,968

164,522

 

Suzano SA

1,906

122,000

 

Telefonica Brasil S.A.

1,376

194,500

 

TIM S.A.

563

110,700

 

Totvus S.A.

846

164,700

 

Ultrapar Participacoes S.A.

489

2,212,164

 

Vale S.A.

44,419

251,200

 

Vibra Energia S.A.

1,234

370,620

 

Weg S.A.

2,714

102,000

*

XP, Inc

3,070

163

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1

*

XP, Inc

$0^

 

 

TOTAL BRAZIL

295,735

CANADA - 2.3%

 

 

 

41,202

 

Agnico-Eagle Mines Ltd

2,521

1,018,419

 

Alimentation Couche-Tard, Inc

45,880

437,977

 

Bank of Montreal

51,538

273,466

 

Bank of Nova Scotia

19,600

340,953

 

Barrick Gold Corp

8,362

398

 

Brookfield Asset Management Reinsurance Partners Ltd

23

56,596

 

Brookfield Asset Management, Inc

3,200

100,341

 

Canadian Imperial Bank of Commerce

12,180

295,142

 

Canadian National Railway Co

39,592

230,114

 

Canadian Natural Resources Ltd

14,249

863,890

 

Canadian Pacific Railway Ltd

71,300

47,111

 

CI Financial Corp

748

523,635

 

Dollarama, Inc

29,697

369,187

 

Enbridge, Inc

16,995

6,028

 

Fairfax Financial Holdings Ltd

3,289

24,120

 

First Capital Real Estate Investment Trust

346

62,731

 

Great-West Lifeco, Inc

1,849

24,106

 

iA Financial Corp, Inc

1,466

18,690

 

IGM Financial, Inc

660

225,149

e

Imperial Oil Ltd

10,896

32,236

 

Intact Financial Corp

4,763

911,722

*

Ivanhoe Mines Ltd

8,504

567,951

*

Lightspeed Commerce, Inc

17,323

437,190

 

Manulife Financial Corp

9,323

75,707

 

National Bank of Canada

5,803

498,277

 

Nutrien Ltd

51,504

18,764

 

Onex Corp

1,258

125,269

 

Power Corp Of Canada

3,878

113,195

 

RioCan Real Estate Investment Trust

2,284

320,852

 

Royal Bank of Canada

35,325

88,457

*

Shopify, Inc (Class A)

59,823

131,783

e

Sun Life Financial, Inc

7,358

459,862

 

Suncor Energy, Inc

14,971

310,604

 

Teck Cominco Ltd

12,542

39,111

 

Thomson Reuters Corp

4,246

12,702

 

TMX Group Ltd

1,306

407,822

 

Toronto-Dominion Bank

32,358

51,954

e

West Fraser Timber Co Ltd

4,275

 

 

TOTAL CANADA

611,235

CHILE - 0.0%

 

 

 

4,101,105

 

Banco de Chile

439

4,215

*

Banco de Credito e Inversiones

152

5,753,224

 

Banco Santander Chile S.A.

324

334,981

 

Cencosud S.A.

660

33,645

 

Cia Cervecerias Unidas S.A.

252

249,086

 

Empresas CMPC S.A.

461

89,475

 

Empresas COPEC S.A.

739

6,315,205

 

Enel Chile S.A.

189

4,917,211

 

Enersis S.A.

593

174,397

 

SACI Falabella

557

30,743

 

Sociedad Quimica y Minera de Chile S.A. (Class B)

2,641

 

 

TOTAL CHILE

7,007

CHINA - 2.5%

 

 

 

19,700

e

360 Finance, Inc (ADR)

303

34,200

*

360 Security Technology, Inc

54

114,500

*,g

3SBio, Inc

93

2,800

*,e

51job, Inc (ADR)

164

75,000

e

AAC Technologies Holdings, Inc

178

164

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

13,700

 

Addsino Co Ltd

$23

8,577

*

Advanced Micro-Fabrication Equipment, Inc China

156

12,600

 

AECC Aero-Engine Control Co Ltd

46

24,700

 

AECC Aviation Power Co Ltd

174

158,000

e

Agile Property Holdings Ltd

79

2,588,000

 

Agricultural Bank of China Ltd

989

442,100

 

Agricultural Bank of China Ltd (Class A)

214

28,118

 

Aier Eye Hospital Group Co Ltd

139

36,800

*

Air China Ltd

53

1,144,000

*,e

Air China Ltd (H shares)

795

31,207

 

Airtac International Group

1,003

29,000

*,e,g

Akeso, Inc

61

3,231,972

*

Alibaba Group Holding Ltd

44,106

338,000

*,e

Alibaba Health Information Technology Ltd

214

133,500

g

A-Living Services Co Ltd

185

948,000

*

Aluminum Corp of China Ltd

549

177,800

*

Aluminum Corp of China Ltd (Class A)

162

3,600

 

Angel Yeast Co Ltd

24

117,500

 

Anhui Conch Cement Co Ltd

601

20,600

 

Anhui Conch Cement Co Ltd (Class A)

128

24,900

 

Anhui Gujing Distillery Co Ltd

321

1,700

 

Anhui Gujing Distillery Co Ltd (Class A)

46

4,000

 

Anhui Honglu Steel Construction Group Co Ltd

27

4,000

 

Anhui Kouzi Distillery Co Ltd

34

9,900

 

Anhui Yingjia Distillery Co Ltd

84

247,400

 

Anta Sports Products Ltd

3,069

8,400

 

Apeloa Pharmaceutical Co Ltd

41

1,600

 

Asymchem Laboratories Tianjin Co Ltd

92

5,244

 

Autel Intelligent Technology Corp Ltd

32

2,300

 

Autobio Diagnostics Co Ltd

17

7,000

 

Autohome, Inc (ADR)

213

19,300

 

Avary Holding Shenzhen Co Ltd

87

6,200

 

Avic Capital Co Ltd

4

29,300

 

AVIC Electromechanical Systems Co Ltd

50

427,000

e

AviChina Industry & Technology Co

236

5,600

 

AVICOPTER plc

45

119,877

*

Baidu, Inc (ADR)

15,860

143,500

 

Bank of Beijing Co Ltd

103

90,900

 

Bank of Changsha Co Ltd

109

19,300

 

Bank of Chengdu Co Ltd

45

241,600

 

Bank of China Ltd - A

124

19,071,000

 

Bank of China Ltd - H

7,610

267,300

 

Bank of Communications Co Ltd - A

215

906,000

 

Bank of Communications Co Ltd - H

649

30,200

 

Bank of Hangzhou Co Ltd

67

97,380

 

Bank of Jiangsu Co Ltd

108

57,400

 

Bank of Nanjing Co Ltd

96

36,400

 

Bank of Ningbo Co Ltd

213

85,922

 

Bank of Shanghai Co Ltd

90

341,000

 

Baoshan Iron & Steel Co Ltd

362

82,300

 

BBMG Corp

40

11,000

*

BeiGene Ltd (ADR)

2,075

6,600

*

Beijing BDStar Navigation Co Ltd

34

218,000

*

Beijing Capital International Airport Co Ltd

127

29,400

 

Beijing Dabeinong Technology Group Co Ltd

40

7,300

 

Beijing Easpring Material Technology Co Ltd

86

5,040

 

Beijing E-Hualu Information Technology Co Ltd

17

18,600

 

Beijing Enlight Media Co Ltd

24

53,500

 

Beijing Enterprises Holdings Ltd

169

454,000

 

Beijing Enterprises Water Group Ltd

139

5,284

 

Beijing Kingsoft Office Software, Inc

155

9,500

 

Beijing Kunlun Tech Co Ltd

25

20,900

 

Beijing New Building Materials plc

99

49,900

 

Beijing Originwater Technology Co Ltd

47

165

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

717

 

Beijing Roborock Technology Co Ltd

$63

8,160

 

Beijing Shiji Information Technology Co Ltd

26

3,800

 

Beijing Shunxin Agriculture Co Ltd

14

19,800

 

Beijing Sinnet Technology Co Ltd

41

10,540

 

Beijing Tiantan Biological Products Corp Ltd

41

4,100

 

Beijing United Information Technology Co Ltd

72

5,400

 

Beijing Wantai Biological Pharmacy Enterprise Co Ltd

237

3,300

 

Beijing Yuanliu Hongyuan Electronic Technology Co Ltd

67

239,600

 

Beijing-Shanghai High Speed Railway Co Ltd

180

3,400

 

Betta Pharmaceuticals Co Ltd

30

2,200

 

BGI Genomics Co Ltd

28

40,232

*,e

Bilibili, Inc (ADR)

1,029

833,500

 

BOC Hong Kong Holdings Ltd

3,136

5,700

 

BOC International China Co Ltd

12

195,000

 

BOE Technology Group Co Ltd

132

304,000

e

Bosideng International Holdings Ltd

141

136,000

*,†

Brilliance China Automotive Holdings Ltd

62

24,600

 

BYD Co Ltd

880

183,000

 

BYD Co Ltd (H shares)

5,090

54,500

e

BYD Electronic International Co Ltd

108

7,100

 

By-health Co Ltd

24

7,300

 

C&S Paper Co Ltd

14

13,100

 

Caitong Securities Co Ltd

17

5,800

*,e,g

CanSino Biologics, Inc

92

647

*

CanSino Biologics, Inc

24

49,600

 

CECEP Solar Energy Co Ltd

68

106,200

 

CECEP Wind-Power Corp

77

339,000

g

CGN Power Co Ltd

88

1,000

 

Chacha Food Co Ltd

8

2,600

 

Changchun High & New Technology Industry Group, Inc

68

24,000

 

Changjiang Securities Co Ltd

23

3,500

 

Changzhou Xingyu Automotive Lighting Systems Co Ltd

71

26,300

 

Chaozhou Three-Circle Group Co Ltd

116

34,200

 

Chengtun Mining Group Co Ltd

46

11,700

*

Chengxin Lithium Group Co Ltd

93

23,300

*

Chifeng Jilong Gold Mining Co Ltd

67

43,400

 

China Baoan Group Co Ltd

76

265,500

e,g

China Bohai Bank Co Ltd

44

926,000

 

China Cinda Asset Management Co Ltd

158

918,000

 

China Citic Bank

463

618,000

 

China Coal Energy Co

465

284,000

 

China Communications Services Corp Ltd

128

154,500

 

China Conch Venture Holdings Ltd

450

91,500

 

China Construction Bank Corp - A

90

22,711,000

 

China Construction Bank Corp - H

17,012

65,400

 

China CSSC Holdings Ltd

177

36,600

*

China Eastern Airlines Corp Ltd

27

79,000

 

China Education Group Holdings Ltd

68

187,200

*

China Energy Engineering Corp Ltd

72

225,400

 

China Everbright Bank Co Ltd - A

117

337,000

 

China Everbright Bank Co Ltd - H

127

355,555

 

China Everbright International Ltd

213

815,000

g

China Feihe Ltd

802

307,000

 

China Galaxy Securities Co Ltd

171

25,200

 

China Galaxy Securities Co Ltd (Class A)

39

278,000

 

China Gas Holdings Ltd

354

9,700

 

China Great Wall Securities Co Ltd

14

27,400

 

China Greatwall Technology Group Co Ltd

49

550,500

 

China Hongqiao Group Ltd

723

431,600

 

China Insurance International Holdings Co Ltd

524

134,800

g

China International Capital Corp Ltd

298

4,600

 

China International Capital Corp Ltd

30

27,015

 

China International Travel Service Corp Ltd

695

974,000

 

China Jinmao Holdings Group Ltd

287

166

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

 

 

VALUE

SHARES

 

COMPANY

 

 

(000)

19,929

 

China Jushi Co Ltd

 

 

$48

90,000

 

China Lesso Group Holdings Ltd

108

1,744,000

 

China Life Insurance Co Ltd

 

2,657

36,500

 

China Life Insurance Co Ltd (Class A)

150

36,400

*,e,g

China Literature Ltd

 

 

149

307,000

 

China Longyuan Power Group Corp

690

130,000

 

China Medical System Holdings Ltd

203

124,000

 

China Meidong Auto Holdings Ltd

471

727,000

 

China Mengniu Dairy Co Ltd

 

3,898

891,000

 

China Merchants Bank Co Ltd

 

6,936

803,787

 

China Merchants Bank Co Ltd (Class A)

5,896

151,426

 

China Merchants Holdings International Co Ltd

273

37,020

 

China Merchants Securities Co Ltd

84

119,800

 

China Merchants Shekou Industrial Zone Holdings Co Ltd

286

16,300

 

China Minmetals Rare Earth Co Ltd

74

221,400

 

China Minsheng Banking Corp Ltd - A

133

618,300

e

China Minsheng Banking Corp Ltd - H

232

801,000

 

China Molybdenum Co Ltd

 

412

233,400

 

China Molybdenum Co Ltd (Class A)

190

388,000

 

China National Building Material Co Ltd

477

33,800

 

China National Chemical Engineering Co Ltd

51

3,600

 

China National Medicines Corp Ltd

17

97,100

 

China National Nuclear Power Co Ltd

123

53,600

 

China Northern Rare Earth Group High-Tech Co Ltd

324

524,000

 

China Oilfield Services Ltd

 

532

661,435

 

China Overseas Land & Investment Ltd

1,968

220,000

 

China Overseas Property Holdings Ltd

259

98,000

 

China Pacific Insurance

Group

Co Ltd - A

352

626,600

 

China Pacific Insurance

Group

Co Ltd - H

1,516

445,000

 

China Power International Development Ltd

234

126,300

 

China Railway Group Ltd - A

 

120

378,000

 

China Railway Group Ltd - H

 

211

83,084

 

China Railway Signal & Communication Corp Ltd

58

338,000

 

China Resources Beer Holdings Company Ltd

2,056

239,999

 

China Resources Cement Holdings Ltd

199

90,000

 

China Resources Gas Group Ltd

379

749,836

 

China Resources Land Ltd

 

3,472

6,048

 

China Resources Microelectronics Ltd

52

137,400

g

China Resources Mixc Lifestyle Services Ltd

672

188,000

 

China Resources Power Holdings Co

350

6,800

 

China Resources Sanjiu Medical & Pharmaceutical Co Ltd

49

116,400

 

China Shenhua Energy Co Ltd - A

545

821,500

 

China Shenhua Energy Co Ltd - H

2,615

514,000

*,e

China Southern Airlines Co Ltd

 

297

60,500

*

China Southern Airlines Co Ltd (Class A)

59

270,300

 

China State Construction Engineering Corp Ltd

231

188,000

 

China State Construction International Holdings Ltd

249

465,000

 

China Suntien Green Energy Cor

260

311,700

 

China Three Gorges Renewables Group Co Ltd

300

1,670,000

g

China Tower Corp Ltd

 

 

187

21,900

 

China TransInfo Technology Co Ltd

37

411,500

 

China Vanke Co Ltd

 

 

926

144,258

 

China Vanke Co Ltd (Class A)

 

434

46,200

 

China Yangtze Power Co Ltd

 

160

6,800

 

China Zhenhua Group Science & Technology Co Ltd

121

90,400

 

China Zheshang Bank Co Ltd

 

47

612,000

 

Chinasoft International Ltd

 

502

24,000

*

Chindata Group Holdings Ltd (ADR)

152

5,900

*

Chongqing Brewery Co Ltd

 

99

13,580

 

Chongqing Changan Automobile Co Ltd

24

5,100

 

Chongqing Fuling Zhacai Group Co Ltd

26

284,100

 

Chongqing Rural Commercial Bank Co Ltd

178

8,500

 

Chongqing Zhifei Biological Products Co Ltd

185

389,661

 

CIFI Holdings Group Co Ltd

 

227

167

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

561,000

 

Citic Pacific Ltd

$621

250,774

 

CITIC Securities Co Ltd

575

71,070

 

CITIC Securities Co Ltd (Class A)

233

1,400

 

CNGR Advanced Material Co Ltd

26

29,400

 

CNNC Hua Yuan Titanium Dioxide Co Ltd

45

32,200

 

Contemporary Amperex Technology Co Ltd

2,577

184,445

 

COSCO Pacific Ltd

143

118,800

 

COSCO SHIPPING Development Co Ltd

61

124,300

 

COSCO SHIPPING Energy Transportation Co Ltd

125

170,460

*

COSCO SHIPPING Holdings Co Ltd - A

412

299,150

*

COSCO SHIPPING Holdings Co Ltd - H

514

1,832,000

e

Country Garden Holdings Co Ltd

1,402

386,000

 

Country Garden Services Holdings Co Ltd

1,626

19,300

 

CSC Financial Co Ltd

70

1,238,880

 

CSPC Pharmaceutical Group Ltd

1,420

3,984

 

Da An Gene Co Ltd of Sun Yat-Sen University

12

7,600

*

Dada Nexus Ltd (ADR)

69

505,000

g

Dali Foods Group Co Ltd

263

120,200

 

Daqin Railway Co Ltd

130

73,992

*

Daqo New Energy Corp (ADR)

3,057

2,840

 

DaShenLin Pharmaceutical Group Co Ltd

13

10,400

 

DHC Software Co Ltd

12

54,905

*

DiDi Global, Inc (ADR)

137

13,600

 

Do-Fluoride New Materials Co Ltd

84

1,500

 

Dong-E-E-Jiao Co Ltd

8

43,600

 

Dongfang Electric Corp Ltd

93

622,000

 

Dongfeng Motor Group Co Ltd

465

11,300

 

Dongxing Securities Co Ltd

17

351,000

 

Dongyue Group

476

55,852

 

East Money Information Co Ltd

221

6,100

 

Ecovacs Robotics Co Ltd

104

73,800

 

ENN Energy Holdings Ltd

1,102

31,500

 

ENN Natural Gas Co Ltd

88

26,770

 

Eve Energy Co Ltd

336

184,000

 

Ever Sunshine Lifestyle Services Group Ltd

245

21,600

 

Everbright Securities Co Ltd

42

56,343

 

Fangda Carbon New Material Co Ltd

75

74,000

 

Far East Horizon Ltd

66

8,500

 

FAW Jiefang Group Co Ltd

12

18,900

 

Fiberhome Telecommunication Technologies Co Ltd

45

25,700

 

First Capital Securities Co Ltd

24

91,000

e

Flat Glass Group Co Ltd

347

17,300

 

Flat Glass Group Co Ltd

122

203,000

 

Focus Media Information Technology Co Ltd

194

46,498

 

Foshan Haitian Flavouring & Food Co Ltd

639

662,000

 

Fosun International

716

32,700

 

Founder Securities Co Ltd

35

49,000

 

Foxconn Industrial Internet Co Ltd

78

800

 

Fu Jian Anjoy Foods Co Ltd

14

3,300

*

Fujian Sunner Development Co Ltd

10

24,800

 

Fuyao Glass Industry Group Co Ltd - A

139

137,600

g

Fuyao Glass Industry Group Co Ltd - H

559

60,200

g

Ganfeng Lithium Co Ltd

847

14,900

 

Ganfeng Lithium Co Ltd

293

700

 

G-bits Network Technology Xiamen Co Ltd

40

100,500

*

GCL System Integration Technology Co Ltd

57

136,200

 

GD Power Development Co Ltd

54

194,023

*

GDS Holdings Ltd (ADR)

7,615

1,354,000

 

Geely Automobile Holdings Ltd

2,097

76,300

 

GEM Co Ltd

100

31,500

 

Gemdale Corp

71

98,000

*

Genscript Biotech Corp

307

106,800

 

GF Securities Co Ltd

150

31,900

 

GF Securities Co Ltd (Class A)

88

168

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

11,200

 

Giant Network Group Co Ltd

$18

9,772

 

Gigadevice Semiconductor Beijing, Inc

216

2,800

 

Ginlong Technologies Co Ltd

92

17,000

 

GoerTek, Inc

92

952,000

*,e

GOME Electrical Appliances Holdings Ltd

59

6,800

*

Gotion High-tech Co Ltd

37

706,500

 

Great Wall Motor Co Ltd

1,109

10,000

 

Great Wall Motor Co Ltd

43

18,400

 

Gree Electric Appliances, Inc of Zhuhai

93

67,430

 

Greenland Holdings Corp Ltd

57

196,500

 

Greentown China Holdings Ltd

355

338,000

 

Greentown Service Group Co Ltd

337

48,700

 

GRG Banking Equipment Co Ltd

81

23,600

 

Guangdong Haid Group Co Ltd

204

284,000

 

Guangdong Investments Ltd

387

3,300

 

Guangdong Kinlong Hardware Products Co Ltd

56

140,600

*

Guanghui Energy Co Ltd

181

682,000

 

Guangzhou Automobile Group Co Ltd - H

562

10,800

 

Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd

53

44,100

 

Guangzhou Haige Communications Group, Inc Co

71

1,800

 

Guangzhou Kingmed Diagnostics Group Co Ltd

21

218,000

e

Guangzhou R&F Properties Co Ltd

77

7,395

 

Guangzhou Shiyuan Electronic Technology Co Ltd

75

12,400

 

Guangzhou Tinci Materials Technology Co Ltd

182

9,990

 

Guangzhou Yuexiu Financial Holdings Group Co Ltd

12

12,200

 

Guolian Securities Co Ltd

25

29,100

 

Guosen Securities Co Ltd

45

42,200

 

Guotai Junan Securities Co Ltd

104

25,790

 

Guoyuan Securities Co Ltd

29

89,000

e,g

Haidilao International Holding Ltd

171

82,600

 

Haier Smart Home Co Ltd

299

475,000

 

Haier Smart Home Co Ltd

1,519

162,000

 

Haitian International Holdings Ltd

418

290,800

 

Haitong Securities Co Ltd

221

54,600

 

Haitong Securities Co Ltd (Class A)

88

14,300

*

Hang Zhou Great Star Industrial Co Ltd

37

13,740

 

Hangzhou First Applied Material Co Ltd

244

11,100

 

Hangzhou Oxygen Plant Group Co Ltd

50

6,130

 

Hangzhou Robam Appliances Co Ltd

28

18,800

 

Hangzhou Silan Microelectronics Co Ltd

142

1,800

 

Hangzhou Tigermed Consulting Co Ltd - A

30

10,900

g

Hangzhou Tigermed Consulting Co Ltd - H

131

108,000

g

Hansoh Pharmaceutical Group Co Ltd

180

8,200

 

Hefei Meiya Optoelectronic Technology, Inc

34

9,200

 

Heilongjiang Agriculture Co Ltd

22

14,800

 

Hello Group, Inc (ADR)

86

40,700

 

Henan Shuanghui Investment & Development Co Ltd

186

151,500

 

Hengan International Group Co Ltd

698

76,380

 

Hengli Petrochemical Co Ltd

249

624,000

*,e

HengTen Networks Group Ltd

167

53,200

 

Hengtong Optic-electric Co Ltd

108

44,630

 

Hengyi Petrochemical Co Ltd

60

316,900

 

Hesteel Co Ltd

118

2,800

 

Hithink RoyalFlush Information Network Co Ltd

42

4,900

 

Hongfa Technology Co Ltd

36

165,880

e

Hopson Development Holdings Ltd

314

6,200

 

Hoshine Silicon Industry Co Ltd

102

46,000

*,g

Hua Hong Semiconductor Ltd

192

56,600

 

Huadian Power International Corp Ltd (Class A)

31

12,540

 

Huadong Medicine Co Ltd

66

51,600

 

Huafon Chemical Co Ltd

74

12,100

 

Huagong Tech Co Ltd

38

13,460

 

Hualan Biological Engineering, Inc

43

45,600

 

Huaneng Power International, Inc - A

49

169

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

370,000

 

Huaneng Power International, Inc - H

$157

151,000

g

Huatai Securities Co Ltd

231

15,500

 

Huatai Securities Co Ltd (Class A)

36

14,200

 

Huaxi Securities Co Ltd

19

82,600

 

Huaxia Bank Co Ltd

72

3,500

 

Huaxin Cement Co Ltd

11

15,700

 

Huayu Automotive Systems Co Ltd

49

75,874

 

Huazhu Group Ltd (ADR)

2,503

16,400

 

Hubei Xingfa Chemicals Group Co Ltd

85

5,800

 

Huizhou Desay Sv Automotive Co Ltd

115

4,700

 

Humanwell Healthcare Group Co Ltd

13

117,900

 

Hunan Valin Steel Co Ltd

102

8,548

 

Hundsun Technologies, Inc

60

7,471

*,e

Hutchison China MediTech Ltd (ADR)

141

73,200

e,g

Hygeia Healthcare Holdings Co Ltd

281

251,311

*

iClick Interactive Asia Group Ltd (ADR)

297

13,000

 

Iflytek Co Ltd

95

3,200

*

I-Mab (ADR)

52

2,900

*

Imeik Technology Development Co Ltd

216

377,900

 

Industrial & Commercial Bank of China Ltd - A

284

13,292,000

 

Industrial & Commercial Bank of China Ltd - H

8,149

115,200

 

Industrial Bank Co Ltd

373

32,300

 

Industrial Securities Co Ltd

39

6,300

 

Ingenic Semiconductor Co Ltd

90

675,500

*

Inner Mongolia BaoTou Steel Union Co Ltd

236

 

 

Inner Mongolia Junzheng Energy & Chemical Industry Group

 

115,800

 

Co Ltd

83

88,900

 

Inner Mongolia Yili Industrial Group Co Ltd

515

62,700

*

Inner Mongolia Yuan Xing Energy Co Ltd

96

107,000

*,g

Innovent Biologics, Inc

360

5,000

 

Inspur Electronic Information Industry Co Ltd

21

2,500

 

Intco Medical Technology Co Ltd

18

29,953

*,e

IQIYI, Inc (ADR)

136

21,500

 

JA Solar Technology Co Ltd

265

3,760

 

Jafron Biomedical Co Ltd

27

1,700

 

Jason Furniture Hangzhou Co Ltd

16

31,900

*,e,g

JD Health International, Inc

191

1,491,818

*

JD.com, Inc

42,390

42,200

 

Jiangsu Eastern Shenghong Co Ltd

94

148,000

 

Jiangsu Express

155

15,804

 

Jiangsu Hengli Hydraulic Co Ltd

129

38,082

 

Jiangsu Hengrui Medicine Co Ltd

220

5,900

 

Jiangsu King's Luck Brewery JSC Ltd

39

20,300

 

Jiangsu Yanghe Brewery Joint-Stock Co Ltd

431

3,000

 

Jiangsu Yangnong Chemical Co Ltd

57

4,700

 

Jiangsu Yoke Technology Co Ltd

38

5,200

 

Jiangsu Yuyue Medical Equipment & Supply Co Ltd

23

38,200

 

Jiangsu Zhongtian Technology Co Ltd

102

285,000

 

Jiangxi Copper Co Ltd

471

28,958

 

Jiangxi Copper Co Ltd (Class A)

87

13,300

 

Jiangxi Zhengbang Technology Co Ltd

16

44,700

 

Jinke Properties Group Co Ltd

35

100,000

*,e,g

Jinxin Fertility Group Ltd

76

1,900

 

JiuGui Liquor Co Ltd

44

174,000

e,g

Jiumaojiu International Holdings Ltd

368

8,900

 

Joincare Pharmaceutical Group Industry Co Ltd

17

1,540

 

Joinn Laboratories China Co Ltd

28

17,200

 

Jointown Pharmaceutical Group Co Ltd

36

5,200

 

Jonjee Hi-Tech Industrial And Commercial Holding Co Ltd

23

5,000

 

JOYY, Inc (ADR)

184

2,000

 

Juewei Food Co Ltd

13

16,600

*

Kanzhun Ltd (ADR)

413

33,900

*

KE Holdings, Inc (ADR)

419

64,500

 

Kingboard Chemical Holdings Ltd

311

170

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

238,000

*

Kingdee International Software Group Co Ltd

$521

26,600

 

Kingfa Sci & Tech Co Ltd

41

10,100

*,e

Kingsoft Cloud Holdings Ltd (ADR)

61

88,800

 

Kingsoft Corp Ltd

283

118,800

*,g

Kuaishou Technology

1,089

13,000

*

Kuang-Chi Technologies Co Ltd

35

17,297

 

Kweichow Moutai Co Ltd

4,660

170,564

 

KWG Group Holdings Ltd

70

11,400

 

Lakala Payment Co Ltd

42

1,060

 

Laobaixing Pharmacy Chain JSC

6

326,000

 

Lee & Man Paper Manufacturing Ltd

169

12,180,000

 

Lenovo Group Ltd

13,194

62,800

 

Lens Technology Co Ltd

115

1,300

 

Lepu Medical Technology Beijing Co Ltd

4

42,800

 

Leyard Optoelectronic Co Ltd

48

126,191

*

Li Auto, Inc (ADR)

3,257

526,500

 

Li Ning Co Ltd

4,471

70,100

*

Lingyi iTech Guangdong Co

56

2,100

 

Livzon Pharmaceutical Group, Inc

13

134,000

e

Logan Property Holdings Co Ltd

38

32,600

 

Lomon Billions Group Co Ltd

118

425,000

g

Longfor Properties Co Ltd

2,174

74,564

 

LONGi Green Energy Technology Co Ltd

841

55,800

*

Lufax Holding Ltd (ADR)

311

2,100

 

Luoyang Xinqianglian Slewing Bearing Co Ltd

37

32,700

 

Luxi Chemical Group Co Ltd

92

95,809

 

Luxshare Precision Industry Co Ltd

475

20,000

 

Luzhou Laojiao Co Ltd

582

10,190

 

Mango Excellent Media Co Ltd

50

4,580

 

Maxscend Microelectronics Co Ltd

150

18,800

*

Meinian Onehealth Healthcare Holdings Co Ltd

17

892,500

*,g

Meituan Dianping (Class B)

16,907

88,200

 

Metallurgical Corp of China Ltd

52

10,400

*

Mianyang Fulin Precision Co Ltd

36

51,900

 

Microport Scientific Corp

115

28,700

 

Midea Group Co Ltd

256

27,700

 

Ming Yang Smart Energy Group Ltd

96

36,000

e

Ming Yuan Cloud Group Holdings Ltd

48

176,000

 

Minth Group Ltd

429

696,000

*

MMG Ltd

277

11,165

 

Montage Technology Co Ltd

118

71,544

 

Muyuan Foodstuff Co Ltd

638

5,589

 

Nanjing King-Friend Biochemical Pharmaceutical Co Ltd

28

14,400

 

Nanjing Securities Co Ltd

19

80,800

 

NARI Technology Co Ltd

398

25,590

*

National Silicon Industry Group Co Ltd

88

7,100

 

NAURA Technology Group Co Ltd

303

3,500

*

NavInfo Co Ltd

8

478,895

 

NetEase, Inc

8,641

29,900

 

New China Life Insurance Co Ltd - A

166

232,000

 

New China Life insurance Co Ltd - H

643

58,300

*

New Hope Liuhe Co Ltd

155

365,208

*

New Oriental Education & Technology Group (ADR)

420

21,200

 

Ninestar Corp

142

3,500

 

Ningbo Joyson Electronic Corp

8

5,074

 

Ningbo Ronbay New Energy Technology Co Ltd

102

25,400

 

Ningbo Shanshan Co Ltd

111

6,100

 

Ningbo Tuopu Group Co Ltd

54

84,400

 

Ningxia Baofeng Energy Group Co Ltd

197

298,430

*

NIO, Inc (ADR)

6,282

3,800

*

Noah Holdings Ltd (ADR)

89

408,200

e,g

Nongfu Spring Co Ltd

2,152

27,100

*

North Industries Group Red Arrow Co Ltd

96

5,300

 

Northeast Securities Co Ltd

6

171

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,512

 

NXP Semiconductors NV

$280

167,300

 

Offshore Oil Engineering Co Ltd

112

10,800

*

OFILM Group Co Ltd

12

6,740

 

Oppein Home Group, Inc

124

37,600

 

Orient Securities Co Ltd

65

3,809

 

Ovctek China, Inc

22

134,600

*

Pangang Group Vanadium Titanium & Resources Co Ltd

79

2,265,000

 

People's Insurance Co Group of China Ltd

739

142,300

 

People's Insurance Co Group of China Ltd (Class A)

102

11,200

 

Perfect World Co Ltd

23

2,400

 

PharmaBlock Sciences Nanjing, Inc

36

4,100

 

Pharmaron Beijing Co Ltd - A

76

12,300

g

Pharmaron Beijing Co Ltd - H

148

1,680,000

 

PICC Property & Casualty Co Ltd

1,711

298,680

*

Pinduoduo, Inc (ADR)

11,980

105,500

 

Ping An Bank Co Ltd

255

39,600

*,e,g

Ping An Healthcare and Technology Co Ltd

102

5,106,203

 

Ping An Insurance Group Co of China Ltd

35,698

156,400

 

Ping An Insurance Group Co of China Ltd (Class A)

1,188

170,400

 

Poly Real Estate Group Co Ltd

475

156,800

 

Postal Savings Bank of China Co Ltd - A

132

6,670,000

g

Postal Savings Bank of China Co Ltd - H

5,371

90,300

 

Power Construction Corp of China Ltd

103

431,000

e

Powerlong Real Estate Holdings Ltd

113

400

 

Proya Cosmetics Co Ltd

12

38,600

 

Qingdao Rural Commercial Bank Corp

21

5,313

 

Raytron Technology Co Ltd

38

46,800

 

RiseSun Real Estate Development Co Ltd

33

12,000

 

Riyue Heavy Industry Co Ltd

39

137,930

*,e

RLX Technology, Inc (ADR)

247

132,350

 

Rongsheng Petro Chemical Co Ltd

297

103,700

 

SAIC Motor Corp Ltd

277

35,700

 

Sailun Group Co Ltd

55

5,700

 

Sangfor Technologies, Inc

100

265,000

 

Sany Heavy Equipment International

274

112,300

 

Sany Heavy Industry Co Ltd

308

32,896

 

SDIC Capital Co Ltd

36

58,100

 

SDIC Power Holdings Co Ltd

85

48,700

 

Sealand Securities Co Ltd

29

224,000

 

Seazen Group Ltd

120

12,500

 

Seazen Holdings Co Ltd

63

26,400

 

SF Holding Co Ltd

190

3,200

 

SG Micro Corp

164

165,900

 

Shaanxi Coal Industry Co Ltd

430

7,670

 

Shandong Buchang Pharmaceuticals Co Ltd

29

62,520

 

Shandong Gold Mining Co Ltd - A

212

172,250

e,g

Shandong Gold Mining Co Ltd - H

344

31,850

 

Shandong Hualu Hengsheng Chemical Co Ltd

163

4,400

 

Shandong Linglong Tyre Co Ltd

15

162,400

 

Shandong Nanshan Aluminum Co Ltd

103

4,000

 

Shandong Sun Paper Industry JSC Ltd

7

220,400

 

Shandong Weigao Group Medical Polymer Co Ltd

234

2,380

 

Shanghai Bairun Investment Holding Group Co Ltd

13

4,510

 

Shanghai Baosight Software Co Ltd

34

99,900

 

Shanghai Baosight Software Co Ltd

405

51,300

 

Shanghai Construction Group Co Ltd

26

202,000

 

Shanghai Electric Group Co Ltd

128

8,700

 

Shanghai Fosun Pharmaceutical Group Co Ltd - A

73

210,500

e

Shanghai Fosun Pharmaceutical Group Co Ltd - H

1,020

845

 

Shanghai Friendess Electronic Technology Corp Ltd

40

6,000

*

Shanghai International Airport Co Ltd

46

60,700

 

Shanghai International Port Group Co Ltd

52

2,600

 

Shanghai Jahwa United Co Ltd

14

6,300

 

Shanghai Jinjiang International Hotels Development Co Ltd

49

172

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,746

*

Shanghai Junshi Biosciences Co Ltd

$120

10,360

 

Shanghai Lingang Holdings Corp Ltd

23

378,369

 

Shanghai Lujiazui Finance & Trade Zone Development Co Ltd

354

3,400

 

Shanghai M&G Stationery, Inc

26

825

 

Shanghai Medicilon, Inc

59

16,700

 

Shanghai Pharmaceuticals Holding Co Ltd - A

64

84,200

 

Shanghai Pharmaceuticals Holding Co Ltd - H

162

160,800

 

Shanghai Pudong Development Bank Co Ltd

202

9,840

 

Shanghai Putailai New Energy Technology Co Ltd

216

48,300

 

Shanghai RAAS Blood Products Co Ltd

46

20,900

 

Shanghai Yuyuan Tourist Mart Group Co Ltd

33

6,400

 

Shanghai Zhangjiang High-Tech Park Development Co Ltd

14

75,779

 

Shanxi Lu'an Environmental Energy Development Co Ltd

198

71,600

*

Shanxi Meijin Energy Co Ltd

144

19,330

 

Shanxi Securities Co Ltd

17

85,500

 

Shanxi Taigang Stainless Steel Co Ltd

90

16,520

 

Shanxi Xinghuacun Fen Wine Factory Co Ltd

660

76,570

 

Shanxi Xishan Coal & Electricity Power Co Ltd

150

25,000

 

Shenghe Resources Holding Co Ltd

66

29,100

 

Shengyi Technology Co Ltd

74

4,680

 

Shennan Circuits Co Ltd

66

119,600

 

Shenwan Hongyuan Group Co Ltd

82

5,600

 

Shenzhen Capchem Technology Co Ltd

71

40,900

 

Shenzhen Energy Group Co Ltd

41

6,600

 

Shenzhen Goodix Technology Co Ltd

73

34,100

 

Shenzhen Inovance Technology Co Ltd

304

146,985

 

Shenzhen International Holdings Ltd

155

11,260

 

Shenzhen Investment Holdings Bay Area Development Co Ltd

4

12,300

 

Shenzhen Kaifa Technology Co Ltd

22

2,900

 

Shenzhen Kangtai Biological Products Co Ltd

42

3,100

 

Shenzhen Kedali Industry Co Ltd

72

6,700

 

Shenzhen Mindray Bio-Medical Electronics Co Ltd

324

9,100

*

Shenzhen MTC Co Ltd

5

8,300

 

Shenzhen New Industries Biomedical Engineering Co Ltd

44

47,500

 

Shenzhen Overseas Chinese Town Co Ltd

55

6,000

 

Shenzhen Salubris Pharmaceuticals Co Ltd

21

4,100

 

Shenzhen SC New Energy Technology Corp

47

10,600

 

Shenzhen Senior Technology Material Co Ltd

63

9,700

*

Shenzhen Sunlord Electronics Co Ltd

39

12,400

 

Shenzhen Sunway Communication Co Ltd

35

8,665

 

Shenzhen Transsion Holdings Co Ltd

130

189,200

 

Shenzhou International Group Holdings Ltd

2,498

8,580

 

Shijiazhuang Yiling Pharmaceutical Co Ltd

45

144,500

e

Shimao Property Holdings Ltd

81

188,000

e,g

Shimao Services Holdings Ltd

100

24,400

 

Sichuan Chuantou Energy Co Ltd

41

173,300

 

Sichuan Hebang Biotechnology Co Ltd

96

11,900

 

Sichuan Kelun Pharmaceutical Co Ltd

32

18,700

*

Sichuan New Energy Power Co Ltd

57

70,100

 

Sichuan Road & Bridge Co Ltd

115

2,400

 

Sichuan Swellfun Co Ltd

31

15,300

 

Sichuan Yahua Industrial Group Co Ltd

69

10,600

 

Sieyuan Electric Co Ltd

55

154,400

 

Silergy Corp

18,104

13,900

 

Sinolink Securities Co Ltd

21

21,400

 

Sinoma Science & Technology Co Ltd

81

128,100

 

Sinopec Shanghai Petrochemical Co Ltd (Class A)

71

125,200

 

Sinopharm Group Co

284

8,100

 

Sinotrans Ltd (Class A)

5

176,500

 

Sinotruk Hong Kong Ltd

268

4,200

 

Skshu Paint Co Ltd

59

168,000

e,g

Smoore International Holdings Ltd

394

14,800

 

Songcheng Performance Development Co Ltd

31

28,262

 

SooChow Securities Co Ltd

33

173

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

29,700

 

Southwest Securities Co Ltd

$20

2,300

 

StarPower Semiconductor Ltd

139

445,000

 

Sun Art Retail Group Ltd

161

699,000

e

Sunac China Holdings Ltd

401

271,000

g

Sunac Services Holdings Ltd

165

18,200

 

Sungrow Power Supply Co Ltd

305

49,900

*

Suning.com Co Ltd

27

64,800

 

Sunny Optical Technology Group Co Ltd

1,029

11,800

 

Sunwoda Electronic Co Ltd

50

21,400

 

Suzhou Dongshan Precision Manufacturing Co Ltd

63

900

 

Suzhou Maxwell Technologies Co Ltd

74

7,900

 

Suzhou TA&A Ultra Clean Technology Co Ltd

89

99,477

*,e

TAL Education Group (ADR)

299

55,000

 

TBEA Co Ltd

175

68,300

 

TCL Technology Group Corp

53

3,226,000

 

Tencent Holdings Ltd

148,700

54,800

*

Tencent Music Entertainment (ADR)

267

4,800

 

Thunder Software Technology Co Ltd

74

29,300

 

Tianfeng Securities Co Ltd

16

6,500

 

Tianjin 712 Communication & Broadcasting Co Ltd

35

46,100

 

Tianjin Zhonghuan Semiconductor Co Ltd

308

19,200

 

Tianma Microelectronics Co Ltd

31

47,300

 

Tianshan Aluminum Group Co Ltd

57

46,500

 

Tianshui Huatian Technology Co Ltd

77

13,400

*

Tibet Summit Resources Co Ltd

55

454,000

 

Tingyi Cayman Islands Holding Corp

761

28,100

 

Titan Wind Energy Suzhou Co Ltd

58

3,540

 

Toly Bread Co Ltd

11

91,200

*

Tongcheng-Elong Holdings Ltd

161

18,200

 

TongFu Microelectronics Co Ltd

47

28,500

 

Tongkun Group Co Ltd

78

165,800

 

Tongling Nonferrous Metals Group Co Ltd

96

59,200

 

Tongwei Co Ltd

395

1,500

*

Topchoice Medical Corp

34

18,700

 

Topsec Technologies Group Inc

33

358,000

g

Topsports International Holdings Ltd

298

43,300

 

Transfar Zhilian Co Ltd

43

93,000

 

Travelsky Technology Ltd

133

22,363

 

Trina Solar Co Ltd

206

115,043

*

Trip.com Group Ltd (ADR)

2,660

124,000

 

Tsingtao Brewery Co Ltd

975

3,900

 

Tsingtao Brewery Co Ltd (Class A)

48

8,600

 

Unigroup Guoxin Microelectronics Co Ltd

276

299,000

 

Uni-President China Holdings Ltd

259

40,500

 

Unisplendour Corp Ltd

124

14,900

 

Universal Scientific Industrial Shanghai Co Ltd

28

21,500

*,e,g

Venus MedTech Hangzhou, Inc

44

407,569

*

Vipshop Holdings Ltd (ADR)

3,668

8,900

 

Walvax Biotechnology Co Ltd

77

42,300

 

Wanhua Chemical Group Co Ltd

536

1,101,000

 

Want Want China Holdings Ltd

1,016

5,300

*

Weibo Corp (ADR)

130

178,000

 

Weichai Power Co Ltd

279

34,600

 

Weichai Power Co Ltd (Class A)

72

7,500

 

Weihai Guangwei Composites Co Ltd

70

161,000

*,e,g

Weimob, Inc

103

91,640

 

Wens Foodstuffs Group Co Ltd

318

26,400

 

Western Securities Co Ltd

30

6,509

 

Western Superconducting Technologies Co Ltd

88

323,000

 

Wharf Holdings Ltd

984

11,700

 

Will Semiconductor Ltd

353

17,000

 

Wingtech Technology Co Ltd

216

17,050

 

Winning Health Technology Group Co Ltd

25

768,000

 

Winteam Pharmaceutical Group Ltd

399

174

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

33,300

 

Wuchan Zhongda Group Co Ltd

$28

24,928

 

Wuhan Guide Infrared Co Ltd

67

 

 

Wuhu Shunrong Sanqi Interactive Entertainment Network

 

15,100

 

Technology Co Ltd

55

30,300

 

Wuhu Token Science Co Ltd

39

53,635

 

Wuliangye Yibin Co Ltd

1,302

17,650

 

WUS Printed Circuit Kunshan Co Ltd

37

13,816

 

WuXi AppTec Co Ltd - A

243

30,085

g

WuXi AppTec Co Ltd - H

470

3,758,350

*,g

Wuxi Biologics Cayman, Inc

29,844

10,300

 

Wuxi Lead Intelligent Equipment Co Ltd

94

2,800

 

Wuxi Shangji Automation Co Ltd

60

102,300

 

XCMG Construction Machinery Co Ltd

83

94,400

 

Xiamen C & D, Inc

189

3,700

 

Xiamen Faratronic Co Ltd

117

3,200

 

Xiamen Intretech, Inc

12

20,600

 

Xiamen Tungsten Co Ltd

60

1,291,400

*,g

Xiaomi Corp

2,257

53,800

 

Xinjiang Goldwind Science & Technology Co Ltd - A

111

194,800

 

Xinjiang Goldwind Science & Technology Co Ltd - H

292

43,800

 

Xinjiang Zhongtai Chemical Co Ltd

62

448,863

 

Xinyi Solar Holdings Ltd

781

80,289

*

XPeng, Inc (ADR)

2,215

96,000

g

Yadea Group Holdings Ltd

147

5,760

 

Yantai Eddie Precision Machinery Co Ltd

22

22,600

 

Yantai Jereh Oilfield Services Group Co Ltd

149

376,000

 

Yanzhou Coal Mining Co Ltd

1,116

46,700

 

Yanzhou Coal Mining Co Ltd (Class A)

282

11,150

 

Yealink Network Technology Corp Ltd

136

2,682

 

Yifeng Pharmacy Chain Co Ltd

17

33,000

e

Yihai International Holding Ltd

94

18,900

 

Yihai Kerry Arawana Holdings Co Ltd

147

29,420

 

Yintai Gold Co Ltd

43

1,071,297

 

Yonghui Superstores Co Ltd

711

5,700

 

YongXing Special Materials Technology Co Ltd

106

18,459

 

Yonyou Network Technology Co Ltd

66

3,700

*

Youngy Co Ltd

66

17,300

 

YTO Express Group Co Ltd

47

13,500

*

Yuan Longping High-tech Agriculture Co Ltd

41

370,200

 

Yuexiu Property Co Ltd

366

370,362

 

Yum China Holdings, Inc

15,385

21,980

 

Yunda Holding Co Ltd

61

44,200

*

Yunnan Aluminium Co Ltd

94

6,500

 

Yunnan Baiyao Group Co Ltd

84

11,708

 

Yunnan Energy New Material Co Ltd

404

22,600

*

Yunnan Tin Co Ltd

74

6,878

*

Zai Lab Ltd (ADR)

302

3,600

 

Zhangzhou Pientzehuang Pharmaceutical Co Ltd

179

72,900

 

Zhefu Holding Group Co Ltd

61

115,720

*

Zhejiang Century Huatong Group Co Ltd

114

19,500

 

Zhejiang China Commodities City Group Co Ltd

15

33,100

 

Zhejiang Chint Electrics Co Ltd

205

40,000

 

Zhejiang Dahua Technology Co Ltd

104

6,060

 

Zhejiang Dingli Machinery Co Ltd

43

168,000

 

Zhejiang Expressway Co Ltd

141

4,766

 

Zhejiang HangKe Technology, Inc Co

43

9,350

 

Zhejiang Huahai Pharmaceutical Co Ltd

31

15,610

 

Zhejiang Huayou Cobalt Co Ltd

238

16,800

 

Zhejiang Jingsheng Mechanical & Electrical Co Ltd

158

5,000

 

Zhejiang Jiuzhou Pharmaceutical Co Ltd

38

47,900

 

Zhejiang Juhua Co Ltd

98

47,000

 

Zhejiang Longsheng Group Co Ltd

80

13,920

 

Zhejiang NHU Co Ltd

69

9,590

 

Zhejiang Sanhua Intelligent Controls Co Ltd

25

175

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,500

 

Zhejiang Satellite Petrochemical Co Ltd

$146

6,000

 

Zhejiang Semir Garment Co Ltd

6

3,100

 

Zhejiang Supor Co Ltd

24

16,500

 

Zhejiang Weiming Environment Protection Co Ltd

76

24,300

 

Zhejiang Weixing New Building Materials Co Ltd

78

4,300

 

Zhejiang Wolwo Bio-Pharmaceutical Co Ltd

26

12,500

*

Zhejiang Yongtai Technology Co Ltd

75

31,500

 

Zheshang Securities Co Ltd

52

44,400

*,e,g

ZhongAn Online P&C Insurance Co Ltd

149

6,800

 

Zhongji Innolight Co Ltd

34

134,000

 

Zhongsheng Group Holdings Ltd

942

67,400

 

Zhongtai Securities Co Ltd

86

51,000

 

Zhuzhou CSR Times Electric Co Ltd

197

4,900

 

Zhuzhou Hongda Electronics Corp Ltd

52

32,500

 

Zhuzhou Kibing Group Co Ltd

67

42,400

 

Zibo Qixiang Tengda Chemical Co Ltd

57

1,328,000

 

Zijin Mining Group Co Ltd

2,014

281,500

 

Zijin Mining Group Co Ltd (Class A)

499

91,600

 

Zoomlion Heavy Industry Science and Technology Co Ltd - A

96

122,400

 

Zoomlion Heavy Industry Science and Technology Co Ltd - H

77

56,300

 

ZTE Corp

211

60,600

 

ZTE Corp (Class H)

123

234,867

 

ZTO Express Cayman, Inc (ADR)

5,872

 

 

TOTAL CHINA

670,652

COLOMBIA - 0.0%

 

 

 

17,818

 

BanColombia S.A.

205

96,125

 

BanColombia S.A. (Preference)

1,027

1,400,142

 

Ecopetrol S.A.

1,313

12,417

 

Grupo de Inversiones Suramericana S.A.

117

96,839

 

Interconexion Electrica S.A.

624

 

 

TOTAL COLOMBIA

3,286

CZECH REPUBLIC - 0.0%

 

 

 

40,063

 

CEZ AS

1,680

6,808

 

Komercni Banka AS

264

24,644

g

Moneta Money Bank AS

100

 

 

TOTAL CZECH REPUBLIC

2,044

DENMARK - 0.5%

 

 

 

109,774

 

Carlsberg AS (Class B)

13,476

13,498

*

Genmab AS

4,875

817,017

 

Novo Nordisk AS

90,620

83,360

*,g

Orsted AS

10,434

 

 

TOTAL DENMARK

119,405

EGYPT - 0.0%

 

 

 

156,018

*

Commercial International Bank

393

262,432

 

Eastern Tobacco

172

114,322

*

Fawry for Banking & Payment Technology Services SAE

62

 

 

TOTAL EGYPT

627

FINLAND - 0.3%

 

 

 

97,435

e

Cargotec Corp (B Shares)

3,701

91,932

 

Neste Oil Oyj

4,191

2,754,002

 

Nordea Bank Abp

28,346

900,173

e

Nordea Bank Abp

9,265

401,942

 

Sampo Oyj (A Shares)

19,641

89,528

 

Stora Enso Oyj (R Shares)

1,756

142,462

e

UPM-Kymmene Oyj

4,652

 

 

TOTAL FINLAND

71,552

FRANCE - 3.0%

 

 

 

372,716

*

Accor S.A.

12,009

176

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

51,443

 

Air Liquide

$9,000

991,985

e

Airbus SE

119,701

696,210

 

BNP Paribas S.A.

39,785

376,572

 

Cap Gemini S.A.

83,562

589,774

 

Compagnie de Saint-Gobain

35,092

282,750

 

Credit Agricole S.A.

3,378

312,775

 

Danone

17,279

819,965

 

Dassault Systemes SE

40,284

120,079

e

Electricite de France

1,127

838,938

 

Engie S.A.

11,029

251,526

 

Essilor International S.A.

46,002

7,543

 

Gecina S.A.

951

10,151

 

Icade

653

125,420

 

Kering

79,181

181,989

 

L'Oreal S.A.

72,694

59,513

 

LVMH Moet Hennessy Louis Vuitton S.A.

42,480

119,335

e

Michelin (C.G.D.E.) (Class B)

16,172

389,883

 

Orange S. A.

4,617

10,136

 

Pernod-Ricard S.A.

2,227

295,678

 

Sanofi-Aventis

30,230

147,786

 

Teleperformance

56,291

260,236

e

Total S.A.

13,168

934,451

e

Valeo S.A.

17,260

130,709

 

Veolia Environnement

4,191

1,631,433

 

Vivendi Universal S.A.

21,314

 

 

TOTAL FRANCE

779,677

GERMANY - 2.5%

 

 

 

70,584

 

Adidas-Salomon AG.

16,448

49,150

 

Allianz AG.

11,737

565,982

 

Aroundtown S.A.

3,234

62,339

 

BASF SE

3,557

2,418,782

 

Bayer AG.

165,442

255,188

 

Beiersdorf AG.

26,809

60,000

*

BioNTech SE (ADR)

10,234

763,324

*

Borussia Dortmund GmbH & Co KGaA

3,400

127,342

 

Deutsche Annington Immobilien SE

5,935

105,213

 

Deutsche Boerse AG.

18,939

749,631

 

Deutsche Telekom AG.

13,961

478,094

 

E.ON AG.

5,555

591,526

 

HeidelbergCement AG.

33,524

247,816

*

HelloFresh SE

11,123

42,338

 

Henkel KGaA

2,795

3,135,312

 

Infineon Technologies AG.

106,068

13,203

 

LEG Immobilien AG.

1,504

23,551

 

Merck KGaA

4,918

1,100

*

OSRAM Licht AG.

69

765,376

*

Paion AG.

986

1,909,719

 

RWE AG.

83,154

874,396

 

Siemens AG.

121,075

273,365

g

Siemens Healthineers AG.

16,941

 

 

TOTAL GERMANY

667,408

GREECE - 0.0%

 

 

 

504,716

*

Alpha Bank AE

620

575,754

*

Eurobank Ergasias S.A.

674

5,760

*,†

FF Group

0^

53,446

 

Hellenic Telecommunications Organization S.A.

966

23,251

 

JUMBO S.A.

346

45,233

 

OPAP S.A.

659

43,523

*

Public Power Corp

364

 

 

TOTAL GREECE

3,629

177

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

HONG KONG - 0.3%

 

 

 

2,724,700

 

AIA Group Ltd

$28,451

1,070,000

*

Alibaba Pictures Group Ltd

88

295,600

 

Bank of East Asia Ltd

462

235,000

*,e

Cathay Pacific Airways Ltd

230

117,230

 

CK Infrastructure Holdings Ltd

784

365,000

 

CLP Holdings Ltd

3,551

753,000

 

Hang Lung Properties Ltd

1,518

172,300

 

Hang Seng Bank Ltd

3,314

282,000

 

Henderson Land Development Co Ltd

1,171

2,327,806

 

Hong Kong & China Gas Ltd

2,812

270,212

 

Hong Kong Electric Holdings Ltd

1,761

271,482

 

Hong Kong Exchanges and Clearing Ltd

12,725

471,500

e

Hongkong Land Holdings Ltd

2,304

204,000

e

Huabao International Holdings Ltd

113

11,722

*

Jinmao Property Services Co Ltd

7

238,000

 

Kingboard Laminates Holdings Ltd

388

282,900

 

Link REIT

2,409

1,756,539

*

Melco Crown Entertainment Ltd (ADR)

13,420

329,000

 

New World Development Co Ltd

1,335

418,000

 

Nine Dragons Paper Holdings Ltd

363

964,250

 

Sino Biopharmaceutical

599

285,500

e

Sun Hung Kai Properties Ltd

3,397

80,000

e

Vinda International Holdings Ltd

181

3,544,000

g

WH Group Ltd

2,225

234,000

 

Wharf Real Estate Investment Co Ltd

1,156

 

 

TOTAL HONG KONG

84,764

HUNGARY - 0.0%

 

 

 

112,870

 

MOL Hungarian Oil & Gas plc

992

19,525

*

OTP Bank

708

48,874

 

Richter Gedeon Rt

1,033

 

 

TOTAL HUNGARY

2,733

INDIA - 0.9%

 

 

 

62,198

 

Adani Enterprises Ltd

1,643

61,168

 

Adani Gas Ltd

1,735

86,378

*

Adani Green Energy Ltd

2,169

117,443

 

Adani Ports & Special Economic Zone Ltd

1,192

60,941

*

Adani Transmissions Ltd

1,892

156,001

 

Ambuja Cements Ltd

613

54,766

 

Apollo Hospitals Enterprise Ltd

3,250

88,187

 

Asian Paints Ltd

3,568

16,895

*

Associated Cement Co Ltd

477

25,238

 

Aurobindo Pharma Ltd

222

37,462

*,g

Avenue Supermarts Ltd

1,970

535,332

*

Axis Bank Ltd

5,330

62,420

 

Bajaj Finance Ltd

5,928

3,477

 

Bajaj Finserv Ltd

776

15,803

 

Bajaj Holdings and Investment Ltd

759

18,900

 

Balkrishna Industries Ltd

530

56,726

g

Bandhan Bank Ltd

228

53,978

 

Berger Paints India Ltd

497

278,855

 

Bharat Electronics Ltd

771

49,324

 

Bharat Forge Ltd

453

208,990

 

Bharat Petroleum Corp Ltd

987

543,321

*

Bharti Airtel Ltd

5,387

95,558

*

Biocon Ltd

422

25,197

 

Britannia Industries Ltd

1,062

88,102

 

Cholamandalam Investment and Finance Co Ltd

830

43,222

 

Cipla Ltd

579

402,811

 

Coal India Ltd

969

27,629

 

Colgate-Palmolive India Ltd

561

56,314

 

Container Corp Of India Ltd

497

178

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

141,623

 

Dabur India Ltd

$999

12,087

 

Divi S Laboratories Ltd

699

142,976

 

DLF Ltd

712

10,397

 

Dr Reddy's Laboratories Ltd

588

31,108

 

Eicher Motors Ltd

1,003

383,270

 

GAIL India Ltd

784

81,781

*

Godrej Consumer Products Ltd

803

22,922

*

Godrej Properties Ltd

502

59,690

 

Grasim Industries Ltd

1,304

51,319

 

Havells India Ltd

777

96,527

 

HCL Technologies Ltd

1,475

4,711

g

HDFC Asset Management Co Ltd

133

205,061

g

HDFC Life Insurance Co Ltd

1,451

27,295

 

Hero Honda Motors Ltd

821

358,144

 

Hindalco Industries Ltd

2,672

188,566

 

Hindustan Lever Ltd

5,073

161,084

 

Hindustan Petroleum Corp Ltd

570

318,110

 

Housing Development Finance Corp

9,947

1,785,398

 

ICICI Bank Ltd

17,029

49,759

g

ICICI Lombard General Insurance Co Ltd

868

78,150

g

ICICI Prudential Life Insurance Co Ltd

514

507,303

 

Indian Oil Corp Ltd

792

48,541

 

Indian Railway Catering & Tourism Corp Ltd

492

66,744

 

Indraprastha Gas Ltd

327

157,389

*

Indus Towers Ltd

459

17,411

 

Info Edge India Ltd

1,030

882,170

 

Infosys Technologies Ltd

22,092

17,394

*,g

InterGlobe Aviation Ltd

460

679,589

 

ITC Ltd

2,236

189,862

 

JSW Steel Ltd

1,824

17,750

 

Jubilant Foodworks Ltd

613

50,119

 

Kotak Mahindra Bank Ltd

1,151

11,929

g

Larsen & Toubro Infotech Ltd

962

157,527

 

Larsen & Toubro Ltd

3,653

19,041

 

Lupin Ltd

187

195,576

 

Mahindra & Mahindra Ltd

2,068

119,560

 

Marico Ltd

793

30,921

 

Maruti Suzuki India Ltd

3,068

217,322

 

MindTree Ltd

12,227

294,149

 

Motherson Sumi Systems Ltd

539

171,835

*

Motherson Sumi Wiring India Lt

146

19,833

 

Mphasis Ltd

877

429

 

MRF Ltd

367

9,618

 

Muthoot Finance Ltd

168

7,789

 

Nestle India Ltd

1,781

1,135,438

 

NTPC Ltd

2,014

1,302

 

Page Industries Ltd

739

186,459

 

Petronet LNG Ltd

475

18,522

 

PI Industries Ltd

686

34,890

 

Pidilite Industries Ltd

1,127

148,347

 

Piramal Healthcare Ltd

4,254

731,743

 

Power Grid Corp of India Ltd

2,086

642,328

 

Reliance Industries Ltd

22,217

53,935

 

SBI Cards & Payment Services Ltd

603

103,290

g

SBI Life Insurance Co Ltd

1,522

264,218

 

Sesa Sterlite Ltd

1,395

2,459

 

Shree Cement Ltd

776

18,405

 

Shriram Transport Finance Co Ltd

273

16,152

 

Siemens India Ltd

502

33,572

 

SRF Ltd

1,178

1,026,554

 

State Bank of India

6,632

492,114

 

Sun Pharmaceutical Industries Ltd

5,923

174,692

 

Tata Consultancy Services Ltd

8,585

378,990

*

Tata Motors Ltd

2,142

179

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

335,104

 

Tata Power Co Ltd

$1,047

162,845

 

Tata Steel Ltd

2,786

135,711

 

Tata Tea Ltd

1,387

56,271

 

Tech Mahindra Ltd

1,107

81,201

 

Titan Industries Ltd

2,705

11,417

 

Torrent Pharmaceuticals Ltd

419

39,901

 

Trent Ltd

668

22,960

 

Ultra Tech Cement Ltd

1,990

65,372

*

United Spirits Ltd

762

114,778

 

UPL Ltd

1,160

118,595

 

Wipro Ltd

922

1,025,414

*

Yes Bank Ltd

166

370,056

*

Zomato Ltd

398

 

 

TOTAL INDIA

230,979

INDONESIA - 0.2%

 

 

 

3,776,400

 

Adaro Energy Tbk

707

9,865,100

 

Astra International Tbk PT

4,516

13,311,800

 

Bank Central Asia Tbk PT

7,392

3,503,800

*

Bank Jago Tbk PT

3,570

78,655,993

 

Bank Rakyat Indonesia

25,405

426,700

 

Indofood CBP Sukses Makmur Tbk

218

4,846,100

 

Kalbe Farma Tbk PT

543

2,531,400

*

Merdeka Copper Gold Tbk PT

795

1,931,200

 

PT Aneka Tambang Tbk

327

4,875,147

 

PT Bank Mandiri Persero Tbk

2,674

684,900

 

PT Bank Negara Indonesia

391

6,185,500

 

PT Barito Pacific Tbk

389

1,688,400

 

PT Charoen Pokphand Indonesia Tbk

664

106,900

 

PT Gudang Garam Tbk

235

617,300

 

PT Indah Kiat Pulp and Paper Corp Tbk

339

342,400

 

PT Indocement Tunggal Prakarsa Tbk

256

863,200

 

PT Indofood Sukses Makmur Tbk

357

679,500

 

PT Semen Gresik Persero Tbk

314

1,676,000

 

PT Unilever Indonesia Tbk

426

395,100

 

PT United Tractors Tbk

701

5,326,200

 

Sarana Menara Nusantara Tbk PT

397

4,532,200

 

Telkom Indonesia Persero Tbk PT

1,442

1,773,300

 

Tower Bersama Infrastructure

354

 

 

TOTAL INDONESIA

52,412

IRELAND - 0.6%

 

 

 

6,529,382

 

AIB Group plc

14,382

3,230,222

*

Bank of Ireland Group plc

20,541

1,328,409

 

CRH plc

52,984

184,657

*

Flutter Entertainment plc

21,378

10,265,105

 

Hibernia REIT plc

18,351

16,657

 

Kerry Group plc (Class A)

1,863

428,877

 

Keywords Studios plc

14,761

28,918

*

Prothena Corp plc

1,057

493,757

 

Smurfit Kappa Group plc

21,931

 

 

TOTAL IRELAND

167,248

ISRAEL - 0.0%

 

 

 

255,946

 

Bank Hapoalim Ltd

2,534

327,487

 

Bank Leumi Le-Israel

3,528

262,371

 

Israel Discount Bank Ltd

1,632

31,602

 

Mizrahi Tefahot Bank Ltd

1,234

 

 

TOTAL ISRAEL

8,928

ITALY - 0.8%

 

 

 

421,320

e

Amplifon S.p.A.

18,751

3,860,818

 

Davide Campari-Milano NV

44,782

8,375,060

 

Enel S.p.A.

55,918

180

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

129,794

 

Ferrari NV

$28,277

2,970,705

 

Intesa Sanpaolo S.p.A.

6,799

728,359

 

Moncler S.p.A

40,411

2,067,281

 

Prada S.p.A

13,094

 

 

TOTAL ITALY

208,032

JAPAN - 4.7%

 

 

 

89,900

 

Acom Co Ltd

234

325

 

Activia Properties Inc

1,133

300

 

Aeon Mall Co Ltd

4

353,700

 

Aisin Seiki Co Ltd

12,089

10,808

*,e

All Nippon Airways Co Ltd

226

26,600

e

Aozora Bank Ltd

560

205,100

 

Asahi Intecc Co Ltd

4,001

238,779

 

Asahi Kasei Corp

2,065

481,700

 

Astellas Pharma, Inc

7,526

12,800

 

Bank of Kyoto Ltd

557

41,700

 

BayCurrent Consulting, Inc

15,094

445,100

 

Benefit One, Inc

9,341

73,437

 

Central Japan Railway Co

9,576

119,400

 

Chiba Bank Ltd

702

167,600

 

Chubu Electric Power Co, Inc

1,735

231,600

 

Concordia Financial Group Ltd

862

78,700

 

Daifuku Co Ltd

5,615

243,000

 

Dai-ichi Mutual Life Insurance Co

4,938

2,254,191

 

Daiichi Sankyo Co Ltd

49,225

104,331

 

Daikin Industries Ltd

18,947

7,100

 

Daito Trust Construction Co Ltd

754

322

 

Daiwa House REIT Investment Corp

868

325,500

*

Daiwa Securities Group, Inc

1,841

153,786

 

East Japan Railway Co

8,901

575,300

 

ENEOS Holdings, Inc

2,151

7,100

 

Fast Retailing Co Ltd

3,640

38,700

 

Fukuoka Financial Group, Inc

747

157,099

 

GMO Payment Gateway, Inc

16,005

282,500

*

Hitachi Construction Machinery Co Ltd

7,320

1,611,464

*

Hitachi Ltd

80,644

38,185

*

Hitachi Metals Ltd

639

155,200

 

Hulic Co Ltd

1,392

751

 

Hulic Reit, Inc

1,026

40,037

 

Idemitsu Kosan Co Ltd

1,104

5,107,200

 

Infomart Corp

27,269

176,974

 

Inpex Holdings, Inc

2,081

8

 

Invincible Investment Corp

3

371,700

 

Japan Elevator Service Holdings Co Ltd

4,812

91,100

e

Japan Post Bank Co Ltd

732

355,000

 

Japan Post Holdings Co Ltd

2,607

50,600

 

Japan Post Insurance Co Ltd

881

4

 

Japan Retail Fund Investment Corp

3

226,040

 

Japan Tobacco, Inc

3,860

97,109

 

JFE Holdings, Inc

1,359

485,400

 

JGC Corp

5,802

36,873

e

JSR Corp

1,086

324,100

 

Kansai Electric Power Co, Inc

3,053

38,601

 

Kansai Paint Co Ltd

620

110,000

 

Kao Corp

4,491

353,600

 

KDDI Corp

11,593

66

 

Kenedix Realty Investment Corp

395

209,000

 

Mebuki Financial Group Inc

435

265,701

 

Mitsubishi Chemical Holdings Corp

1,767

366,373

 

Mitsubishi Estate Co Ltd

5,455

34,000

 

Mitsubishi Gas Chemical Co, Inc

576

2,755,300

 

Mitsubishi UFJ Financial Group, Inc

17,031

90,700

 

Mitsubishi UFJ Lease & Finance Co Ltd

421

181

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

889,400

 

Mitsui & Co Ltd

$24,143

34,701

 

Mitsui Chemicals, Inc

872

7,750

 

Mitsui Fudosan Co Ltd

166

1,207

 

Mitsui Fudosan Logistics Park, Inc

5,701

543,700

 

Mizuho Financial Group, Inc

6,935

1,282,850

 

MonotaRO Co Ltd

27,533

284

 

Mori Hills REIT Investment Corp

352

100,200

 

MS&AD Insurance Group Holdings Inc

3,253

140,800

 

Nintendo Co Ltd

71,070

149,600

 

Nippon Paint Co Ltd

1,311

143,001

 

Nippon Steel Corp

2,523

276,000

 

Nippon Telegraph & Telephone Corp

8,019

22,839

 

Nissan Chemical Industries Ltd

1,340

30,600

 

Nitto Denko Corp

2,194

708,700

*

Nomura Holdings, Inc

2,981

772

 

Nomura Real Estate Master Fund, Inc

1,021

151,995

 

OJI Paper Co Ltd

754

141,511

 

Omron Corp

9,417

36,500

 

Oriental Land Co Ltd

6,986

296,000

 

ORIX Corp

5,900

522

 

Orix JREIT, Inc

708

114,700

 

Osaka Securities Exchange Co Ltd

2,130

167,200

 

Paltac Corp

6,213

491,800

 

Panasonic Corp

4,776

3,266,300

 

Recruit Holdings Co Ltd

141,911

471,400

 

Resona Holdings, Inc

2,008

53,100

*

SBI Holdings, Inc

1,340

138,200

 

Sekisui House Ltd

2,673

111,600

 

Seven & I Holdings Co Ltd

5,321

132,900

 

Seven Bank Ltd

259

106,298

*

SHIFT, Inc

18,650

55,500

 

Shin-Etsu Chemical Co Ltd

8,432

34,900

*

Shinsei Bank Ltd

637

23,700

 

Shiseido Co Ltd

1,197

93,800

 

Shizuoka Bank Ltd

658

485,300

 

SMS Co Ltd

13,309

75,600

 

Sompo Holdings, Inc

3,322

2,341,365

 

Sony Corp

240,869

3,296

 

Star Asia Investment Corp

1,681

298,300

 

Sumitomo Chemical Co Ltd

1,366

96,701

 

Sumitomo Heavy Industries Ltd

2,216

46,300

 

Sumitomo Metal Mining Co Ltd

2,346

1,460,501

 

Sumitomo Mitsui Financial Group, Inc

46,135

76,100

 

Sumitomo Mitsui Trust Holdings, Inc

2,477

20

 

Sumitomo Realty & Development Co Ltd

1

53,200

 

Sysmex Corp

3,853

121,100

 

T&D Holdings, Inc

1,644

22,382

 

Taiyo Nippon Sanso Corp

426

250,000

 

Takeda Pharmaceutical Co Ltd

7,123

646,697

 

TechnoPro Holdings, Inc

17,470

215,600

 

Terumo Corp

6,524

142,200

 

Tokio Marine Holdings, Inc

8,275

9,500

 

Tokyo Century Corp

348

333,200

*

Tokyo Electric Power Co, Inc

1,100

175,900

 

Tokyo Gas Co Ltd

3,220

251,900

 

Tokyo Tatemono Co Ltd

3,775

273,401

 

Toray Industries, Inc

1,422

54,721

 

Tosoh Corp

809

7,386,310

*

Toyota Motor Corp

133,234

479

 

United Urban Investment Corp

552

 

 

TOTAL JAPAN

1,250,675

KOREA, REPUBLIC OF - 1.3%

 

 

 

2,468

*

Alteogen, Inc

114

182

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,423

 

Amorepacific Corp

$973

1,871

 

BGF retail Co Ltd

269

7,362

 

Celltrion Healthcare Co Ltd

392

1,229

*

Celltrion Pharm Inc

99

22,297

 

Celltrion, Inc

3,139

14,910

 

Cheil Communications, Inc

288

1,849

 

CJ CheilJedang Corp

561

3,252

 

CJ Corp

225

2,551

 

CJ O Shopping Co Ltd

275

62,427

*

Coupang, Inc

1,104

12,615

 

Coway Co Ltd

711

10,536

 

Dongbu Insurance Co Ltd

607

11,337

 

Doosan Bobcat, Inc

360

32,190

*

Doosan Heavy Industries and Construction Co Ltd

536

2,473

 

Ecopro BM Co Ltd

799

4,376

 

E-Mart Co Ltd

505

799

 

F&F Co Ltd

487

547

 

Green Cross Corp

91

5,094

 

GS Engineering & Construction Corp

193

11,330

 

GS Holdings Corp

409

26,427

 

Hana Financial Group, Inc

1,051

16,592

 

Hankook Tire Co Ltd

458

614

 

Hanmi Pharm Co Ltd

138

40,358

 

Hanon Systems

391

27,130

*

Hanwha Chemical Corp

799

20,619

*

HLB, Inc

517

3,974

 

Honam Petrochemical Corp

682

6,831

 

Hotel Shilla Co Ltd

454

3,672

*

HYBE Co Ltd

928

226,891

 

Hynix Semiconductor, Inc

21,827

7,408

 

Hyundai Engineering & Construction Co Ltd

290

4,185

 

Hyundai Glovis Co Ltd

660

3,591

*

Hyundai Heavy Industries

261

21,724

 

Hyundai Merchant Marine Co Ltd

517

15,167

 

Hyundai Mobis

2,673

31,744

 

Hyundai Motor Co

4,684

8,334

 

Hyundai Motor Co Ltd (2nd Preference)

592

5,244

 

Hyundai Motor Co Ltd (Preference)

371

4,801

 

Hyundai Robotics Co Ltd

212

19,952

 

Hyundai Steel Co

678

5,155

 

Iljin Materials Co Ltd

406

21,991

 

Industrial Bank of Korea

195

28,162

 

Kakao Corp

2,448

6,495

*

Kakao Games Corp

414

21,299

*,e

KakaoBank Corp

900

19,934

*

Kangwon Land, Inc

455

202,145

 

KB Financial Group, Inc

10,130

59,300

 

Kia Motors Corp

3,592

16,579

 

Korea Aerospace Industries Ltd

575

24,335

 

Korea Electric Power Corp

453

1,977

*

Korea Express Co Ltd

210

3,569

 

Korea Investment Holdings Co Ltd

229

1,624

 

Korea Kumho Petrochemical

206

1,929

 

Korea Zinc Co Ltd

929

13,829

*

Korean Air Lines Co Ltd

342

4,860

*,g

Krafton, Inc

1,095

26,983

 

KT&G Corp

1,795

5,031

 

L&F Co Ltd

926

106,211

 

LG Chem Ltd

46,411

1,761

 

LG Chem Ltd (Preference)

395

19,509

 

LG Corp

1,225

21,371

 

LG Display Co Ltd

360

9,553

 

LG Electronics, Inc

940

4,193

*

LG Energy Solution

1,529

183

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,160

 

LG Household & Health Care Ltd

$1,524

482

 

LG Household & Health Care Ltd (Preference)

201

1,268

 

LG Innotek Co Ltd

400

21,481

 

LG Telecom Ltd

247

1,191

 

Lotte Shopping Co Ltd

94

4,165

 

Meritz finance Holdings Co Ltd

139

5,349

 

Meritz Fire & Marine Insurance Co Ltd

208

24,310

 

Meritz Securities Co Ltd

131

24,262

 

Mirae Asset Daewoo Co Ltd

170

10,839

 

Naver Corp

3,012

1,498

 

NCsoft

574

1,860

g

Netmarble Corp

170

5,000

 

Orion Corp/Republic of Korea

364

6,444

 

Pacific Corp

232

21,826

 

Pan Ocean Co Ltd

125

2,841

*

Pearl Abyss Corp

231

17,170

 

POSCO

4,119

6,641

 

POSCO Refractories & Environment Co Ltd

653

3,947

 

S1 Corp (Korea)

232

6,349

*,g

Samsung Biologics Co Ltd

4,314

19,239

 

Samsung C&T Corp

1,796

4,776

 

Samsung Electro-Mechanics Co Ltd

643

2,643,304

 

Samsung Electronics Co Ltd

151,258

71,599

 

Samsung Electronics Co Ltd (Preference)

3,710

14,531

*

Samsung Engineering Co Ltd

312

6,986

 

Samsung Fire & Marine Insurance Co Ltd

1,258

60,519

*

Samsung Heavy Industries Co Ltd

282

15,208

 

Samsung Life Insurance Co Ltd

824

31,026

 

Samsung SDI Co Ltd

15,100

3,168

 

Samsung SDS Co Ltd

359

4,996

 

Samsung Securities Co Ltd

172

8,414

 

SD Biosensor, Inc

387

21,264

 

Seegene, Inc

891

105,279

 

Shinhan Financial Group Co Ltd

3,576

4,422

*

SK Biopharmaceuticals Co Ltd

326

4,975

*

SK Bioscience Co Ltd

638

2,419

 

SK Chemicals Co Ltd

269

9,768

 

SK Holdings Co Ltd

1,936

4,658

*,g

SK IE Technology Co Ltd

480

11,877

*

SK Innovation Co Ltd

2,084

20,307

*

SK Square Co Ltd

945

2,873

 

SK Telecom Co Ltd

134

4,654

 

SKC Co Ltd

585

11,342

 

S-Oil Corp

900

126,071

 

Woori Financial Group, Inc

1,580

11,674

 

Woori Investment & Securities Co Ltd

109

4,394

 

Yuhan Corp

211

 

 

TOTAL KOREA, REPUBLIC OF

334,385

KUWAIT - 0.0%

 

 

 

286,574

 

Agility Public Warehousing Co KSC

1,037

95,100

*

Boubyan Bank KSCP

294

398,774

 

Kuwait Finance House

1,404

134,290

 

Mabanee Co KPSC

406

542,984

 

Mobile Telecommunications Co KSC

1,122

645,355

 

National Bank of Kuwait SAKP

2,332

 

 

TOTAL KUWAIT

6,595

LUXEMBOURG - 0.0%

 

 

 

144,261

 

ArcelorMittal

4,621

9,917

 

Reinet Investments S.C.A

223

 

 

TOTAL LUXEMBOURG

4,844

184

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

SHARES

 

COMPANY

MACAU - 0.0%

 

 

308,000

 

Galaxy Entertainment Group Ltd

 

 

TOTAL MACAU

MALAYSIA - 0.1%

 

 

155,700

*

AMMB Holdings BHD

250,043

 

Axiata Group Bhd

609,667

 

Bumiputra-Commerce Holdings BHD

989,000

 

Dialog Group BHD

248,400

 

Digi.Com BHD

30,000

 

Fraser & Neave Holdings BHD

503,600

 

Genting BHD

659,300

 

Genting Malaysia BHD

118,500

 

HAP Seng Consolidated BHD

161,700

 

Hartalega Holdings BHD

46,200

 

Hong Leong Bank BHD

10,900

 

Hong Leong Credit BHD

850,600

 

IHH Healthcare BHD

631,900

 

Inari Amertron BHD

526,800

 

IOI Corp BHD

93,630

 

Kuala Lumpur Kepong BHD

1,121,878

 

Malayan Banking BHD

250,800

*

Malaysia Airports Holdings BHD

184,000

 

Maxis BHD

371,300

 

MISC BHD

16,300

 

Nestle Malaysia BHD

555,000

 

Petronas Chemicals Group BHD

79,200

 

Petronas Dagangan BHD

224,900

 

Petronas Gas BHD

143,180

 

PPB Group BHD

678,700

 

Press Metal BHD

3,452,200

 

Public Bank BHD

181,450

 

QL Resources BHD

149,362

 

RHB Capital BHD

627,400

 

Sime Darby BHD

375,800

 

Sime Darby Plantation BHD

1,153

 

SP Setia BHD

98,700

 

Telekom Malaysia BHD

557,400

 

Tenaga Nasional BHD

468,900

 

Top Glove Corp BHD

196,100

 

Westports Holdings BHD

 

 

TOTAL MALAYSIA

MEXICO - 0.1%

 

 

681,700

 

Alfa S.A. de C.V. (Class A)

6,960,900

 

America Movil S.A.B. de C.V.

96,700

 

Becle SAB de C.V.

3,392,694

*

Cemex S.A. de C.V.

124,845

 

Coca-Cola Femsa SAB de C.V.

100,800

 

Embotelladoras Arca SAB de C.V.

726,600

 

Fibra Uno Administracion S.A. de C.V.

442,300

 

Fomento Economico Mexicano S.A. de C.V.

46,075

e

Gruma SAB de C.V.

82,200

 

Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares)

46,540

 

Grupo Aeroportuario del Sureste S.A. de C.V. (Class B)

352,200

 

Grupo Bimbo S.A. de C.V. (Series A)

108,700

 

Grupo Carso S.A. de C.V. (Series A1)

640,800

 

Grupo Financiero Banorte S.A. de C.V.

201,627

*,e

Grupo Financiero Inbursa S.A.

688,700

 

Grupo Mexico S.A. de C.V. (Series B)

540,600

e

Grupo Televisa S.A.

27,395

e

Industrias Penoles S.A. de C.V.

283,500

 

Kimberly-Clark de Mexico S.A. de C.V. (Class A)

73,400

 

Megacable Holdings SAB de C.V.

VALUE (000)

$1,823

1,823

137

225

772

643

230

150

559

465

211

187

222

51

1,250

457

515

561

2,384

415

172

648

518

1,267

385

890

582

1,001

3,830

217

212

357

443

0^

115

1,193

214

187

21,665

518

7,391

238

1,823

688

685

851

3,677

580

1,333

1,039

1,064

407

4,818

422

4,120

1,271

346

399

221

185

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

267,500

e

Operadora de Sites Mexicanos S.A. de C.V.

$341

231,100

 

Orbia Advance Corp SAB de C.V.

610

48,670

 

Promotora y Operadora de Infraestructura SAB de C.V.

386

1,194,800

 

Wal-Mart de Mexico SAB de C.V.

4,921

 

 

TOTAL MEXICO

38,149

NETHERLANDS - 2.0%

 

 

 

10,570

*,g

Adyen NV

20,936

4,183

*

Argenx SE

1,307

23,304

*

Argenx SE

7,291

238,462

 

ASML Holding NV

159,345

125,645

g

Euronext NV

11,415

63,774

 

Heineken NV

6,099

9,412,070

 

ING Groep NV

98,271

279,099

 

Koninklijke Ahold Delhaize NV

8,977

687,757

 

Koninklijke KPN NV

2,386

5,910,503

 

Shell plc

161,999

1,631,433

 

Universal Music Group NV

43,550

 

 

TOTAL NETHERLANDS

521,576

NEW ZEALAND - 0.0%

 

 

 

414,095

 

Fisher & Paykel Healthcare Corp

6,949

 

 

TOTAL NEW ZEALAND

6,949

NORWAY - 0.9%

 

 

 

1,258,548

e

Aker BP ASA

46,942

4,152,550

 

Equinor ASA

155,042

198,922

e

Gjensidige Forsikring BA

4,933

1,828,287

 

Norsk Hydro ASA

17,764

 

 

TOTAL NORWAY

224,681

PERU - 0.0%

 

 

 

49,000

*,e

Cia de Minas Buenaventura S.A. (ADR) (Series B)

494

16,500

 

Credicorp Ltd

2,836

19,161

 

Southern Copper Corp

1,454

 

 

TOTAL PERU

4,784

PHILIPPINES - 0.1%

 

 

 

438,880

 

Aboitiz Equity Ventures, Inc

505

1,962,100

 

AC Energy Corp

330

25,650

 

Ayala Corp

408

1,831,570

 

Ayala Land, Inc

1,237

165,740

 

Bank of the Philippine Islands

319

179,820

 

BDO Unibank, Inc

459

2,845

 

Globe Telecom, Inc

140

21,224

*

GT Capital Holdings, Inc

226

230,530

 

International Container Term Services, Inc

999

658,265

 

JG Summit Holdings (Series B)

779

88,500

 

Jollibee Foods Corp

384

57,120

 

Manila Electric Co

412

914,900

 

Metro Pacific Investments Corp

67

156,263

 

Metropolitan Bank & Trust

172

1,083,000

*,g

Monde Nissin Corp

287

6,830

 

PLDT, Inc

244

5,826,950

 

Robinsons Retail Holdings, Inc

6,255

22,060

 

SM Investments Corp

387

2,286,800

 

SM Prime Holdings

1,667

201,030

 

Universal Robina

470

 

 

TOTAL PHILIPPINES

15,747

POLAND - 0.1%

 

 

 

337,692

*,g

Allegro.eu S.A.

2,829

17,316

 

Bank Pekao S.A.

463

3,045

 

Bank Zachodni WBK S.A.

220

186

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,210

*

BRE Bank S.A.

$101

5,946

 

CD Projekt Red S.A.

244

53,825

 

Cyfrowy Polsat S.A.

354

10,540

*,g

Dino Polska S.A.

851

191,995

*,e

InPost S.A.

1,218

29,949

 

KGHM Polska Miedz S.A.

1,216

244

 

LPP S.A.

660

200,579

*

PGE Polska Grupa Energetyczna S.A.

432

74,443

 

Polski Koncern Naftowy Orlen S.A.

1,336

449,915

 

Polskie Gornictwo Naftowe i Gazownictwo S.A.

661

75,030

*

Powszechna Kasa Oszczednosci Bank Polski S.A.

707

132,327

 

Powszechny Zaklad Ubezpieczen S.A.

1,059

140,211

*

Telekomunikacja Polska S.A.

263

 

 

TOTAL POLAND

12,614

PORTUGAL - 0.1%

 

 

 

899,973

 

Jeronimo Martins SGPS S.A.

21,590

 

 

TOTAL PORTUGAL

21,590

QATAR - 0.1%

 

 

 

503,951

 

Barwa Real Estate Co

483

169,034

 

Commercial Bank of Qatar QSC

347

348,355

 

Industries Qatar QSC

1,816

426,039

*

Masraf Al Rayan

605

960,766

 

Mesaieed Petrochemical Holding Co

768

196,257

 

Ooredoo QSC

383

101,918

 

Qatar Electricity & Water Co

511

125,867

 

Qatar Fuel QSC

618

615,112

 

Qatar Gas Transport Co Ltd

604

56,911

 

Qatar International Islamic Bank QSC

173

93,346

 

Qatar Islamic Bank SAQ

611

1,427,823

 

Qatar National Bank

9,023

 

 

TOTAL QATAR

15,942

ROMANIA - 0.0%

 

 

 

99,550

 

NEPI Rockcastle plc

663

 

 

TOTAL ROMANIA

663

RUSSIA - 0.0%

 

 

 

12,672

*,†,e

Ozon Holdings plc (ADR)

0^

211,169

*,†

VTB Bank PJSC (GDR) Tradegate

2

 

 

TOTAL RUSSIA

2

SAUDI ARABIA - 0.3%

 

 

 

9,711

 

Abdullah Al Othaim Markets Co

303

29,477

 

Advanced Petrochemical Co

552

303,131

 

Al Rajhi Bank

12,939

268,933

 

Alinma Bank

2,773

56,192

 

Almarai Co JSC

765

50,328

 

Arab National Bank

371

30,739

*

Bank AlBilad

505

35,216

 

Bank Al-Jazira

246

132,570

 

Banque Saudi Fransi

1,890

13,527

 

Bupa Arabia for Cooperative Insurance Co

645

12,554

 

Co for Cooperative Insurance

240

58,785

*

Dar Al Arkan Real Estate Development Co

170

39,135

 

Dr Sulaiman Al Habib Medical Services Group Co

1,978

33,529

*

Emaar Economic City

104

89,674

 

Etihad Etisalat Co

992

13,562

 

Jarir Marketing Co

711

102,367

*

Mobile Telecommunications Co Saudi Arabia

362

31,135

 

Mouwasat Medical Services Co

1,759

769,572

 

National Commercial Bank

14,480

65,258

*

National Industrialization Co

398

187

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

23,351

 

National Petrochemical Co

$288

53,580

*

Rabigh Refining & Petrochemical Co

400

383,471

 

Riyad Bank

3,827

49,479

 

SABIC Agri-Nutrients Co

2,387

80,932

 

Sahara International Petrochemical Co

1,150

96,215

*

Saudi Arabian Mining Co

3,416

510,038

g

Saudi Arabian Oil Co

5,851

204,184

 

Saudi Basic Industries Corp

7,097

201,760

 

Saudi British Bank

2,131

195,337

 

Saudi Electricity Co

1,373

44,081

 

Saudi Industrial Investment Group

409

167,108

*

Saudi Kayan Petrochemical Co

999

5,406

*

Saudi Research & Marketing Group

361

137,830

 

Saudi Telecom Co

3,944

59,278

 

Savola Group

574

57,936

 

Yanbu National Petrochemical Co

1,028

 

 

TOTAL SAUDI ARABIA

77,418

SINGAPORE - 0.4%

 

 

 

561,500

 

Ascendas REIT

1,210

21,500

g

BOC Aviation Ltd

169

453,742

*

Capitaland Investment Ltd

1,329

67,304

e

CapitaMall Trust

111

404,400

 

DBS Group Holdings Ltd

10,596

745,161

 

Oversea-Chinese Banking Corp

6,760

181,200

e

Singapore Exchange Ltd

1,328

1,727,900

e

Singapore Telecommunications Ltd

3,355

1,558,429

 

STMicroelectronics NV

67,736

265,016

e

United Overseas Bank Ltd

6,201

 

 

TOTAL SINGAPORE

98,795

SOUTH AFRICA - 0.4%

 

 

 

63,603

 

Absa Group Ltd

825

22,703

e

African Rainbow Minerals Ltd

445

12,090

 

Anglo American Platinum Ltd

1,660

386,819

 

Anglo American plc

20,100

55,460

 

Aspen Pharmacare Holdings Ltd

754

76,557

 

Bid Corp Ltd

1,666

64,913

e

Bidvest Group Ltd

994

60,253

 

Capitec Bank Holdings Ltd

9,596

52,245

 

Clicks Group Ltd

1,105

91,322

*

Discovery Holdings Ltd

1,137

59,661

 

Exxaro Resources Ltd

902

1,209,379

e

FirstRand Ltd

6,383

196,090

 

Gold Fields Ltd

3,037

778,149

 

Growthpoint Properties Ltd

784

117,654

 

Harmony Gold Mining Co Ltd

590

179,174

 

Impala Platinum Holdings Ltd

2,758

13,829

e

Kumba Iron Ore Ltd

614

57,748

 

Mr Price Group Ltd

853

385,853

 

MTN Group Ltd

4,993

81,399

 

MultiChoice Group Ltd

734

48,486

 

Naspers Ltd (N Shares)

5,476

41,864

 

Nedbank Group Ltd

665

79,285

*

Northam Platinum Holdings Ltd

1,183

1,116,371

 

Old Mutual Ltd

1,050

106,411

g

Pepkor Holdings Ltd

169

64,202

 

Rand Merchant Investment Holdings Ltd

229

121,347

 

Remgro Ltd

1,244

422,697

 

Sanlam Ltd

2,081

128,754

*

Sasol Ltd

3,113

113,249

 

Shoprite Holdings Ltd

1,828

580,118

e

Sibanye Stillwater Ltd

2,333

40,039

 

Spar Group Ltd

465

188

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

697,650

 

Standard Bank Group Ltd

$8,667

38,416

 

Tiger Brands Ltd

426

146,788

 

Vodacom Group Pty Ltd

1,607

216,127

e

Woolworths Holdings Ltd

851

 

 

TOTAL SOUTH AFRICA

91,317

SPAIN - 0.4%

 

 

 

287,054

*

Amadeus IT Holding S.A.

18,664

9,042,751

 

Banco Bilbao Vizcaya Argentaria S.A.

51,633

2,099,253

 

Iberdrola S.A.

22,945

305,417

 

Industria De Diseno Textil S.A.

6,660

108,528

*,†,e

Let's GOWEX S.A.

1

15,573

 

Merlin Properties Socimi S.A.

182

1,122,315

 

Telefonica S.A.

5,439

 

 

TOTAL SPAIN

105,524

SWEDEN - 0.8%

 

 

 

1,197,306

 

Assa Abloy AB

32,183

234,819

 

Boliden AB

11,845

3,809,793

e

Ericsson (LM) (B Shares)

34,728

116,434

g

Evolution Gaming Group AB

11,845

60,368

*

Fastighets AB Balder

3,975

1,954,210

 

Hexagon AB

27,380

532,161

 

Intrum Justitia AB

14,361

1,594,466

 

Sandvik AB

33,871

26,421

*,e

SAS AB

3

5,315,133

 

Swedish Match AB

39,970

 

 

TOTAL SWEDEN

210,161

SWITZERLAND - 2.1%

 

 

 

145,551

 

Alcon, Inc

11,532

115,278

 

Cie Financiere Richemont S.A.

14,612

583,556

 

Credit Suisse Group

4,594

4,635

 

Givaudan S.A.

19,156

187,939

 

Lonza Group AG.

136,181

661,943

 

Nestle S.A.

86,065

193,143

 

Novartis AG.

16,956

9,431

 

PSP Swiss Property AG.

1,239

453,391

 

Roche Holding AG.

179,390

9,738

 

Sonova Holdings AG

4,068

180

 

Straumann Holding AG.

287

9,431

 

Swiss Prime Site AG.

930

255,099

 

TE Connectivity Ltd

33,413

838,022

 

UBS Group AG

16,376

73,319

 

Zurich Insurance Group AG

36,212

 

 

TOTAL SWITZERLAND

561,011

TAIWAN - 2.1%

 

 

 

111,000

 

Accton Technology Corp

854

242,000

 

Acer, Inc

251

35,391

 

Advantech Co Ltd

454

291,000

 

ASE Technology Holding Co Ltd

1,037

203,000

 

Asia Cement Corp

343

6,000

 

ASMedia Technology, Inc

401

60,000

 

Asustek Computer, Inc

778

760,000

 

AU Optronics Corp

518

60,189

 

Catcher Technology Co Ltd

302

1,795,412

 

Cathay Financial Holding Co Ltd

4,008

290,592

 

Chailease Holding Co Ltd

2,549

378,293

 

Chang Hwa Commercial Bank

252

383,000

 

Cheng Shin Rubber Industry Co Ltd

472

3,647,845

 

China Development Financial Holding Corp

2,421

2,673,000

 

China Steel Corp

3,604

8,225,000

 

Chinatrust Financial Holding Co

8,382

189

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

360,000

 

Chunghwa Telecom Co Ltd

$1,594

395,000

 

Compal Electronics, Inc

368

929,727

 

Dadi Early-Childhood Education Group Ltd

3,897

171,000

 

Delta Electronics, Inc

1,585

2,849,033

 

E.Sun Financial Holding Co Ltd

3,269

680,000

 

Eclat Textile Co Ltd

11,257

15,000

 

eMemory Technology, Inc

953

213,731

 

Evergreen Marine Corp Taiwan Ltd

993

717,000

 

Far Eastern Textile Co Ltd

758

146,000

 

Far EasTone Telecommunications Co Ltd

374

91,040

 

Feng TAY Enterprise Co Ltd

605

925,165

 

First Financial Holding Co Ltd

915

809,000

 

Formosa Chemicals & Fibre Corp

2,220

280,000

 

Formosa Petrochemical Corp

919

880,000

 

Formosa Plastics Corp

3,255

81,000

 

Foxconn Technology Co Ltd

176

1,822,822

 

Fubon Financial Holding Co Ltd

4,840

837,600

 

Fuhwa Financial Holdings Co Ltd

767

65,000

 

Giant Manufacturing Co Ltd

588

19,000

 

Globalwafers Co Ltd

442

24,680

 

Hiwin Technologies Corp

205

3,555,000

 

Hon Hai Precision Industry Co, Ltd

13,053

1,934,278

 

Hota Industrial Manufacturing Co Ltd

5,473

67,000

 

Hotai Motor Co Ltd

1,389

724,984

 

Hua Nan Financial Holdings Co Ltd

613

898,000

 

InnoLux Display Corp

520

234,000

 

Inventec Co Ltd

201

9,604

 

Largan Precision Co Ltd

628

183,000

 

Lite-On Technology Corp

432

567,242

 

MediaTek, Inc

17,653

2,668,000

 

Mega Financial Holding Co Ltd

3,984

59,000

 

Micro-Star International Co Ltd

265

10,000

 

momo.com, Inc

325

1,170,000

 

Nan Ya Plastics Corp

3,787

21,000

 

Nan Ya Printed Circuit Board Corp

377

113,000

 

Nanya Technology Corp

270

34,000

 

Nien Made Enterprise Co Ltd

396

51,000

 

Novatek Microelectronics Corp Ltd

750

21,000

*

Oneness Biotech Co Ltd

157

170,000

 

Pegatron Technology Corp

428

529,000

 

Pou Chen Corp

579

130,000

 

President Chain Store Corp

1,192

1,537,000

 

Prime View International Co Ltd

9,774

223,000

 

Quanta Computer, Inc

683

42,000

 

Realtek Semiconductor Corp

624

263,540

 

Ruentex Development Co Ltd

722

316,999

 

Shanghai Commercial & Savings Bank Ltd

552

2,887,684

 

Shin Kong Financial Holding Co Ltd

1,081

946,300

 

SinoPac Financial Holdings Co Ltd

605

108,000

 

Synnex Technology International Corp

282

963,350

 

Taishin Financial Holdings Co Ltd

685

471,192

 

Taiwan Cement Corp

817

838,024

 

Taiwan Cooperative Financial Holding

860

364,000

 

Taiwan High Speed Rail Corp

366

167,000

 

Taiwan Mobile Co Ltd

611

19,613,100

 

Taiwan Semiconductor Manufacturing Co Ltd

402,334

132,156

 

Taiwan Semiconductor Manufacturing Co Ltd (ADR)

13,779

109,000

 

Unimicron Technology Corp

929

1,105,000

 

Uni-President Enterprises Corp

2,522

1,062,000

 

United Microelectronics Corp

1,950

79,000

 

Vanguard International Semiconductor Corp

340

14,000

 

Voltronic Power Technology Corp

707

54,400

 

Wan Hai Lines Ltd

298

31,000

 

Win Semiconductors Corp

285

190

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

270,000

 

Winbond Electronics Corp

$289

17,000

 

Wiwynn Corp

600

146,640

 

WPG Holdings Co Ltd

286

37,339

 

Yageo Corp

557

155,000

*

Yang Ming Marine Transport

665

58,000

 

Zhen Ding Technology Holding Ltd

216

 

 

TOTAL TAIWAN

562,497

TANZANIA, UNITED REPUBLIC OF - 0.0%

 

 

93,529

 

AngloGold Ashanti Ltd

2,219

 

 

TOTAL TANZANIA, UNITED REPUBLIC OF

2,219

THAILAND - 0.1%

 

 

 

96,400

 

Advanced Info Service PCL

675

970,000

 

Airports of Thailand PCL

1,924

895,800

*

Asset World Corp PCL

137

147,500

 

B Grimm Power PCL

156

137,400

 

Bangkok Commercial Asset Management PCL

85

872,800

 

Bangkok Dusit Medical Services PCL

664

1,505,500

 

Bangkok Expressway & Metro PCL

393

276,400

 

Berli Jucker PCL

299

1,568,090

 

BTS Group Holdings PCL

433

40,400

 

Bumrungrad Hospital PCL

189

60,800

 

Carabao Group PCL

197

449,600

 

Central Pattana PCL

794

400,675

 

Central Retail Corp PCL

477

882,600

 

Charoen Pokphand Foods PCL

639

1,347,400

 

CP ALL plc

2,624

29,700

 

Delta Electronics Thai PCL

346

68,400

 

Electricity Generating PCL

349

335,697

 

Energy Absolute PCL

989

150,000

 

Global Power Synergy Co Ltd

324

658,430

 

Gulf Energy Development PCL

1,010

1,325,600

 

Home Product Center PCL

630

362,900

 

Indorama Ventures PCL

505

260,800

 

Intouch Holdings PCL (Class F)

609

952,300

 

Krung Thai Bank PCL

393

180,400

 

Krungthai Card PCL

332

1,967,000

 

Land and Houses PCL Co Reg

561

698,800

*

Minor International PCL

700

120,600

 

Muangthai Capital PCL

190

241,100

 

Osotspa PCL

271

365,600

 

PTT Exploration & Production PCL

1,575

531,100

 

PTT Global Chemical PCL

807

667,900

 

PTT Oil & Retail Business PCL

500

2,452,000

 

PTT PCL

2,826

71,700

 

Ratch Group PCL

95

282,500

 

SCG Packaging PCL

512

180,700

 

Siam Cement PCL

2,075

209,000

 

Siam Commercial Bank PCL

710

80,800

 

Sri Trang Gloves Thailand PCL

61

144,300

 

Srisawad Corp PCL

246

325,200

 

Thai Oil PCL

503

589,600

 

Thai Union Group PCL

334

1,027,400

 

True Corp PCL

158

 

 

TOTAL THAILAND

27,297

TURKEY - 0.0%

 

 

 

291,316

 

Akbank TAS

144

135,747

 

Aselsan Elektronik Sanayi Ve Ticaret AS

223

102,280

 

BIM Birlesik Magazalar AS

590

315,129

 

Eregli Demir ve Celik Fabrikalari TAS

691

12,770

 

Ford Otomotiv Sanayi AS

260

160,280

 

KOC Holding AS

433

191

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

271,872

 

Turkcell Iletisim Hizmet AS

$418

196,155

 

Turkiye Garanti Bankasi AS

163

117,143

 

Turkiye Is Bankasi (Series C)

70

32,287

*

Turkiye Petrol Rafinerileri AS

472

310,430

 

Turkiye Sise ve Cam Fabrikalari AS

322

 

 

TOTAL TURKEY

3,786

UNITED ARAB EMIRATES - 0.1%

 

 

 

245,299

 

Abu Dhabi Commercial Bank PJSC

699

128,710

 

Abu Dhabi Islamic Bank PJSC

306

602,594

 

Abu Dhabi National Oil Co for Distribution PJSC

688

875,041

 

Aldar Properties PJSC

1,171

221,470

 

Dubai Islamic Bank PJSC

371

928,875

 

Emaar Properties PJSC

1,509

228,478

 

Emirates NBD Bank PJSC

930

787,932

 

Emirates Telecommunications Group Co PJSC

7,934

1,042,132

 

National Bank of Abu Dhabi PJSC

6,696

5,358

*,†

NMC Health plc

0^

 

 

TOTAL UNITED ARAB EMIRATES

20,304

UNITED KINGDOM - 4.2%

 

 

 

594,931

*

Allfunds Group PLC

6,815

1,302,988

 

Ashtead Group plc

82,042

151,646

 

Associated British Foods plc

3,294

1,393,311

 

AstraZeneca plc

184,771

7,954,403

 

Barclays plc

15,419

1,994,150

 

Beazley plc

10,965

122,628

 

Big Yellow Group plc

2,472

1,775,621

 

BP plc

8,705

710,594

 

British American Tobacco plc

29,843

282,990

 

British Land Co plc

1,959

105,435

*

Coca-Cola European Partners plc (Class A)

5,125

316,729

 

Compass Group plc

6,816

1,992,815

*,e

Darktrace plc

11,699

308,987

 

Dechra Pharmaceuticals plc

16,405

37,730

 

Derwent London plc

1,584

2,431,671

 

Diageo plc

123,345

1,927,917

 

Electrocomponents plc

27,229

903,936

 

Fevertree Drinks plc

21,106

188,659

 

Great Portland Estates plc

1,752

336,617

*

Informa plc

2,637

212,656

*,g

Just Eat Takeaway.com NV

7,132

207,525

e

Land Securities Group plc

2,129

120,088

*

Liberty Global plc (Class A)

3,063

25,351

*

Liberty Global plc (Class C)

657

255,464

 

Linde plc

81,603

460,937

 

Linde plc (Xetra)

147,081

15,153,530

 

Lloyds TSB Group plc

9,228

146,610

 

London Stock Exchange Group plc

15,289

6,332,179

 

Man Group plc

19,324

816,221

 

National Grid plc

12,544

2,189,924

 

Natwest Group plc

6,185

35,795

 

Next plc

2,815

1,180,946

 

Prudential plc

17,435

157,251

 

Reckitt Benckiser Group plc

11,996

270,124

 

RELX plc

8,406

843,340

 

RELX plc

26,236

150,926

 

Safestore Holdings plc

2,657

222,936

 

Scottish & Southern Energy plc

5,094

243,033

 

Segro plc

4,272

149,564

 

Smith & Nephew plc

2,379

1,944,833

 

Standard Chartered plc

12,910

19,152,389

 

Tesco plc

69,338

1,571,200

*

THG Holdings Ltd

1,886

192

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

409,916

 

Travis Perkins plc

$6,610

5,371,958

 

Tritax Big Box REIT plc

17,009

5,241,781

g

Tritax EuroBox plc

7,250

455,390

 

Unilever plc

20,676

5,768,713

 

Vodafone Group plc

9,459

282,193

 

WPP plc

3,693

 

 

TOTAL UNITED KINGDOM

1,098,339

UNITED STATES - 61.5%

 

 

 

426

*

10X Genomics, Inc

32

67,621

 

3M Co

10,067

769

 

A.O. Smith Corp

49

911,455

 

Abbott Laboratories

107,880

1,350,187

 

AbbVie, Inc

218,879

259

*

Abiomed, Inc

86

144,912

 

Accenture plc

48,869

4,429

 

Activision Blizzard, Inc

355

15,855

*

Adobe, Inc

7,224

354

 

Advance Auto Parts, Inc

73

935,243

*

Advanced Micro Devices, Inc

102,259

3,792

 

AES Corp

98

1,001

*,e

Affirm Holdings, Inc

46

42,531

 

Aflac, Inc

2,739

12,923

 

Agilent Technologies, Inc

1,710

3,223

 

AGNC Investment Corp

42

28,297

 

Agree Realty Corp

1,878

45,553

 

Air Products & Chemicals, Inc

11,384

1,676

*

Airbnb, Inc

288

924

*

Akamai Technologies, Inc

110

55,401

 

Albemarle Corp

12,252

60,269

 

Alexandria Real Estate Equities, Inc

12,129

426

*

Align Technology, Inc

186

3,353

*

Alleghany Corp

2,840

511

 

Allegion plc

56

475,260

 

Alliant Energy Corp

29,694

15,933

 

Allstate Corp

2,207

2,070

 

Ally Financial, Inc

90

33,697

*

Alnylam Pharmaceuticals, Inc

5,502

102,383

*

Alphabet, Inc (Class A)

284,763

126,055

*

Alphabet, Inc (Class C)

352,070

148,157

*

Altice USA, Inc

1,849

1,119,117

*,e

Altimmune, Inc

6,815

360,443

 

Altria Group, Inc

18,833

201,077

*

Amazon.com, Inc

655,501

2,910

*,e

AMC Entertainment Holdings, Inc

72

8,721

 

Amcor plc

99

64

 

Amerco, Inc

38

338,150

 

Ameren Corp

31,705

401,873

 

American Electric Power Co, Inc

40,095

248,722

 

American Express Co

46,511

409

 

American Financial Group, Inc

60

278,126

 

American Homes 4 Rent

11,133

530,320

 

American International Group, Inc

33,288

96,137

 

American Tower Corp

24,152

1,031

 

American Water Works Co, Inc

171

85,456

 

Americold Realty Trust

2,383

74,848

 

Ameriprise Financial, Inc

22,481

888

 

AmerisourceBergen Corp

137

1,312

 

Ametek, Inc

175

36,433

 

Amgen, Inc

8,810

3,401

 

Amphenol Corp (Class A)

256

3,050

 

Analog Devices, Inc

504

8,210

 

Annaly Capital Management, Inc

58

496

*

Ansys, Inc

158

193

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,742,272

*

Antero Resources Corp

$83,722

45,950

 

Anthem, Inc

22,572

43,549

 

Aon plc

14,181

2,046

 

Apollo Global Management, Inc

127

5,668,815

d

Apple, Inc

989,832

46,907

 

Applied Materials, Inc

6,182

31,791

*

Aptiv plc

3,806

1,342

 

ARAMARK Holdings Corp

50

2,198

*

Arch Capital Group Ltd

106

3,182

 

Archer-Daniels-Midland Co

287

1,309

*

Arista Networks, Inc

182

406

*

Arrow Electronics, Inc

48

1,179

 

Arthur J. Gallagher & Co

206

443

*,e

Asana, Inc

18

325

 

Assurant, Inc

59

1,960,141

 

AT&T, Inc

46,318

753

 

Atmos Energy Corp

90

1,250

*

Autodesk, Inc

268

2,396

 

Automatic Data Processing, Inc

545

2,058

*

AutoZone, Inc

4,208

443

*

Avalara, Inc

44

45,246

 

AvalonBay Communities, Inc

11,238

20,735

*

Avantor, Inc

701

471

 

Avery Dennison Corp

82

4,697

 

Baker Hughes Co

171

7,702

 

Ball Corp

693

1,545,119

 

Bank of America Corp

63,690

745,203

 

Bank of New York Mellon Corp

36,984

1,497

 

Bath & Body Works, Inc

72

77,214

 

Baxter International, Inc

5,987

59,818

 

Becton Dickinson & Co

15,912

1,056

 

Bentley Systems, Inc

47

350,782

*

Berkshire Hathaway, Inc (Class B)

123,794

28,766

 

Best Buy Co, Inc

2,615

437

*

Bill.Com Holdings, Inc

99

835

*

Biogen, Inc

176

1,042

*

BioMarin Pharmaceutical, Inc

80

19,128

*

Bio-Rad Laboratories, Inc (Class A)

10,773

223

 

Bio-Techne Corp

97

895

*

Black Knight, Inc

52

39,984

 

BlackRock, Inc

30,555

146,375

 

Blackstone, Inc

18,581

2,888

*

Block, Inc

392

332,476

*

Boeing Co

63,669

6,904

*

Booking Holdings, Inc

16,214

759

 

Booz Allen Hamilton Holding Co

67

1,373

 

BorgWarner, Inc

53

22,538

 

Boston Properties, Inc

2,903

1,942,308

*

Boston Scientific Corp

86,025

993,242

 

Bristol-Myers Squibb Co

72,536

440,899

 

Broadcom, Inc

277,625

663

 

Broadridge Financial Solutions, Inc

103

1,365

 

Brown & Brown, Inc

99

1,760

 

Brown-Forman Corp (Class B)

118

180,979

 

Bunge Ltd

20,054

62,164

*

Burlington Stores, Inc

11,324

33

 

Cable One, Inc

48

327,059

 

Cabot Oil & Gas Corp

8,821

1,576

*

Cadence Design Systems, Inc

259

1,215

*

Caesars Entertainment, Inc

94

581

 

Camden Property Trust

97

1,146

 

Campbell Soup Co

51

3,142

 

Capital One Financial Corp

413

1,597

 

Cardinal Health, Inc

91

194

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

717

 

Carlyle Group, Inc

$35

922

*

CarMax, Inc

89

83,284

*

Carnival Corp

1,684

1,593,832

 

Carrier Global Corp

73,109

436

*

Carvana Co

52

50,973

*

Catalent, Inc

5,653

488,707

 

Caterpillar, Inc

108,894

606

 

CBOE Global Markets, Inc

69

1,904

 

CBRE Group, Inc

174

605,424

 

CDW Corp

108,304

28,217

 

Celanese Corp (Series A)

4,031

256,976

*

Centene Corp

21,635

1,142,562

 

Centerpoint Energy, Inc

35,008

773

*

Ceridian HCM Holding, Inc

53

1,673

 

Cerner Corp

157

102,285

 

CF Industries Holdings, Inc

10,541

738

 

CH Robinson Worldwide, Inc

79

28,539

*

Charles River Laboratories International, Inc

8,104

532,400

 

Charles Schwab Corp

44,887

37,205

*

Charter Communications, Inc

20,296

68,443

 

Cheniere Energy, Inc

9,490

410,900

 

Chevron Corp

66,907

530

*,e

Chewy, Inc

22

4,105

*

Chipotle Mexican Grill, Inc (Class A)

6,494

366,247

 

Chubb Ltd

78,340

1,388

 

Church & Dwight Co, Inc

138

158,664

 

Cigna Corp

38,017

870

 

Cincinnati Financial Corp

118

529

 

Cintas Corp

225

2,774,212

 

Cisco Systems, Inc

154,690

70,578

 

Citigroup, Inc

3,769

420,441

 

Citizens Financial Group, Inc

19,059

708

 

Citrix Systems, Inc

71

2,282

*,e

Clarivate Analytics plc

38

28,120

 

Clorox Co

3,910

1,480

*

Cloudflare, Inc

177

77,952

 

CME Group, Inc

18,542

218,828

 

CMS Energy Corp

15,305

2,955,315

 

Coca-Cola Co

183,230

1,004

 

Cognex Corp

77

2,988

 

Cognizant Technology Solutions Corp (Class A)

268

203

*

Coinbase Global, Inc

39

219,361

 

Colgate-Palmolive Co

16,634

2,243,473

 

Comcast Corp (Class A)

105,039

266,134

 

ConAgra Brands, Inc

8,934

726,646

 

ConocoPhillips

72,665

2,011

 

Consolidated Edison, Inc

190

63,446

 

Constellation Brands, Inc (Class A)

14,613

94,356

 

Constellation Energy Corp

5,308

26,280

 

Cooper Cos, Inc

10,974

1,214

*

Copart, Inc

152

4,610

 

Corning, Inc

170

251,621

 

Corteva, Inc

14,463

2,245

*

CoStar Group, Inc

150

381,598

 

Costco Wholesale Corp

219,743

9,683

*

Coty, Inc

87

383

*

Coupa Software, Inc

39

1,112

*

Crowdstrike Holdings, Inc

253

198,640

 

Crown Castle International Corp

36,669

902,540

 

Crown Holdings, Inc

112,899

490,347

 

CSX Corp

18,363

13,778

 

Cummins, Inc

2,826

743,942

 

CVS Health Corp

75,294

245,880

 

Danaher Corp

72,124

195

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

32,302

 

Darden Restaurants, Inc

$4,295

1,243

*

Datadog, Inc

188

400

*

DaVita, Inc

45

174,665

 

Deere & Co

72,566

1,154,845

*

Dell Technologies, Inc

57,962

229,584

*

Delta Air Lines, Inc

9,085

1,240

 

Dentsply Sirona, Inc

61

341,124

 

Devon Energy Corp

20,171

41,117

*

Dexcom, Inc

21,035

574,254

 

Diamondback Energy, Inc

78,719

40,064

 

Digital Realty Trust, Inc

5,681

203,082

 

Discover Financial Services

22,378

958

*,e

Discovery, Inc (Class A)

24

1,844

*

Discovery, Inc (Class C)

46

61,177

*

DISH Network Corp (Class A)

1,936

1,118

*

DocuSign, Inc

120

46,533

 

Dollar General Corp

10,360

74,441

*

Dollar Tree, Inc

11,922

431,701

 

Dominion Energy, Inc

36,682

207

 

Domino's Pizza, Inc

84

619

*

DoorDash, Inc

73

819

 

Dover Corp

129

998,830

 

Dow, Inc

63,645

1,928

 

DR Horton, Inc

144

2,039

*,e

DraftKings, Inc

40

1,881

*

Dropbox, Inc

44

1,102

 

DTE Energy Co

146

206,764

 

Duke Energy Corp

23,087

50,772

 

Duke Realty Corp

2,948

766,839

 

DuPont de Nemours, Inc

56,424

1,074

*

Dynatrace, Inc

51

67,173

 

Eastman Chemical Co

7,527

453,377

 

Eaton Corp

68,804

198,362

 

eBay, Inc

11,358

55,412

 

Ecolab, Inc

9,784

103,075

 

Edison International

7,226

282,431

*

Edwards Lifesciences Corp

33,248

2,414

*

Elanco Animal Health, Inc

63

1,608

 

Electronic Arts, Inc

203

225,729

 

Eli Lilly & Co

64,642

3,380

 

Emerson Electric Co

331

729

*

Enphase Energy, Inc

147

770

 

Entegris, Inc

101

62,678

 

Entergy Corp

7,318

262,240

 

EOG Resources, Inc

31,267

322

*

EPAM Systems, Inc

96

694

 

Equifax, Inc

165

9,882

 

Equinix, Inc

7,329

1,316,639

 

Equitable Holdings, Inc

40,697

144,483

 

Equity Lifestyle Properties, Inc

11,050

91,329

 

Equity Residential

8,212

144

 

Erie Indemnity Co (Class A)

25

1,363

 

Essential Utilities Inc

70

15,370

 

Essex Property Trust, Inc

5,310

88,929

 

Estee Lauder Cos (Class A)

24,217

8,612

*

Etsy, Inc

1,070

51,827

 

Everest Re Group Ltd

15,620

1,300

 

Evergy, Inc

89

1,954

 

Eversource Energy

172

977

*

Exact Sciences Corp

68

356,895

 

Exelon Corp

16,999

31,897

*

Expedia Group, Inc

6,241

963

 

Expeditors International of Washington, Inc

99

29,059

 

Extra Space Storage, Inc

5,975

196

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

2,688,448

 

Exxon Mobil Corp

$222,039

348

*

F5 Networks, Inc

73

214

 

Factset Research Systems, Inc

93

156

*

Fair Isaac Corp

73

3,269

 

Fastenal Co

194

4,782

 

FedEx Corp

1,107

78,843

 

Ferguson plc

10,682

1,533

 

Fidelity National Financial Inc

75

3,462

 

Fidelity National Information Services, Inc

348

951,224

 

Fifth Third Bancorp

40,941

70

 

First Citizens Bancshares, Inc (Class A)

47

130,406

 

First Republic Bank

21,139

598,651

 

FirstEnergy Corp

27,454

3,379

*

Fiserv, Inc

343

439

*

FleetCor Technologies, Inc

109

721

 

FMC Corp

95

22,321

 

Ford Motor Co

377

790

*

Fortinet, Inc

270

434,088

 

Fortive Corp

26,449

770

 

Fortune Brands Home & Security, Inc

57

1,820

 

Fox Corp (Class A)

72

812

 

Fox Corp (Class B)

29

1,757

 

Franklin Resources, Inc

49

3,723,049

 

Freeport-McMoRan, Inc (Class B)

185,184

86,405

 

Gaming and Leisure Properties, Inc

4,055

875

 

Garmin Ltd

104

468

*

Gartner, Inc

139

358

*

Generac Holdings, Inc

106

1,350

 

General Dynamics Corp

326

6,243

 

General Electric Co

571

73,876

 

General Mills, Inc

5,003

1,264,949

*

General Motors Co

55,329

810

 

Genuine Parts Co

102

193,199

 

Gilead Sciences, Inc

11,486

1,173,994

 

GlaxoSmithKline plc

25,402

86,517

 

Global Payments, Inc

11,839

134,920

 

Globe Life, Inc

13,573

944

*

GoDaddy, Inc

79

279,842

 

Goldman Sachs Group, Inc

92,376

784,010

*,a

Grab Holdings Ltd.

2,744

43,297

*

Guardant Health, Inc

2,868

411

*

Guidewire Software, Inc

39

1,308,069

 

Halliburton Co

49,537

208,779

 

Hartford Financial Services Group, Inc

14,992

743

 

Hasbro, Inc

61

173,738

 

HCA Healthcare, Inc

43,542

30,000

 

Healthcare Realty Trust, Inc

824

25,000

 

Healthcare Trust of America, Inc

783

149,768

 

Healthpeak Properties Inc

5,142

230

 

HEICO Corp

35

421

 

HEICO Corp (Class A)

53

67,813

 

Helmerich & Payne, Inc

2,901

787

*

Henry Schein, Inc

69

827

 

Hershey Co

179

198,432

 

Hess Corp

21,240

7,442

 

Hewlett Packard Enterprise Co

124

1,586

*

Hilton Worldwide Holdings, Inc

241

42,032

*

Hologic, Inc

3,229

674,421

 

Home Depot, Inc

201,874

748,894

 

Honeywell International, Inc

145,720

108,276

*

Horizon Therapeutics Plc

11,392

1,696

 

Hormel Foods Corp

87

154,978

 

Host Hotels and Resorts, Inc

3,011

2,183

 

Howmet Aerospace, Inc

78

197

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

6,556

 

HP, Inc

$238

198,643

 

Hubbell, Inc

36,505

255

*

HubSpot, Inc

121

13,374

 

Humana, Inc

5,820

8,221

 

Huntington Bancshares, Inc

120

238

 

Huntington Ingalls

47

408

*

IAC

41

432

 

IDEX Corp

83

13,008

*

IDEXX Laboratories, Inc

7,116

36,360

 

Illinois Tool Works, Inc

7,614

70,838

*

Illumina, Inc

24,751

1,066

*

Incyte Corp

85

30,000

 

Independence Realty Trust, Inc

793

833,241

 

Ingersoll Rand, Inc

41,954

12,372

 

Innovative Industrial Properties, Inc

2,541

392

*

Insulet Corp

104

2,403,743

 

Intel Corp

119,130

261,325

 

Intercontinental Exchange Group, Inc

34,526

5,100

 

International Business Machines Corp

663

545,651

 

International Flavors & Fragrances, Inc

71,660

65,865

 

International Paper Co

3,040

218,970

 

Interpublic Group of Cos, Inc

7,762

1,530

 

Intuit, Inc

736

129,019

*

Intuitive Surgical, Inc

38,922

2,067

 

Invesco Ltd

48

53,392

 

Invitation Homes, Inc

2,145

167

*

IPG Photonics Corp

18

80,433

*

IQVIA Holdings, Inc

18,597

1,641

e

Iron Mountain, Inc

91

206,188

e

iShares MSCI Canada Index Fund

8,291

48,571

*,e

iShares MSCI South Korea Index Fund

3,460

615

 

J.M. Smucker Co

83

421

 

Jack Henry & Associates, Inc

83

28,720

e

Jackson Financial, Inc

1,270

733

 

Jacobs Engineering Group, Inc

101

351

*

Jazz Pharmaceuticals plc

55

4,843

 

JB Hunt Transport Services, Inc

972

168,600

 

JBS S.A.

1,318

751,117

 

Johnson & Johnson

133,120

4,005

 

Johnson Controls International plc

263

1,188,702

 

JPMorgan Chase & Co

162,044

4,321,305

 

Juniper Networks, Inc

160,580

1,453

 

Kellogg Co

94

1,371,810

 

Keurig Dr Pepper, Inc

51,992

5,295

 

Keycorp

119

1,047

*

Keysight Technologies, Inc

165

18,864

 

Kilroy Realty Corp

1,442

94,074

 

Kimberly-Clark Corp

11,586

3,495

 

Kimco Realty Corp

86

11,577

 

Kinder Morgan, Inc

219

31,560

 

KKR & Co, Inc

1,845

375,237

 

KLA Corp

137,359

921

 

Knight-Swift Transportation Holdings, Inc

46

3,826

 

Kraft Heinz Co

151

223,200

 

Kroger Co

12,805

1,115

 

L3Harris Technologies, Inc

277

544

*

Laboratory Corp of America Holdings

143

801

 

Lam Research Corp

431

163,168

*

Las Vegas Sands Corp

6,342

348

 

Lear Corp

50

10,471

*

Legend Biotech Corp (ADR)

381

757

 

Leidos Holdings, Inc

82

1,546

 

Lennar Corp (Class A)

125

191

 

Lennox International, Inc

49

198

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

136

*

Liberty Broadband Corp (Class A)

$18

804

*

Liberty Broadband Corp (Class C)

109

1,098

*

Liberty Media Group (Class C)

77

508

 

Liberty SiriusXM Group (Class A)

23

1,009

*

Liberty SiriusXM Group (Class C)

46

976

 

Lincoln National Corp

64

944

*

Live Nation, Inc

111

1,572

 

LKQ Corp

71

1,411

 

Lockheed Martin Corp

623

1,224

 

Loews Corp

79

283,930

 

Lowe's Companies, Inc

57,408

2,335

*,e

Lucid Group, Inc

59

131,118

*

Lululemon Athletica, Inc

47,888

4,962

 

Lumen Technologies, Inc

56

1,506

*

Lyft, Inc (Class A)

58

124,542

 

LyondellBasell Industries NV

12,805

168,373

 

M&T Bank Corp

28,539

203,364

 

Marathon Petroleum Corp

17,388

78

*

Markel Corp

115

216

 

MarketAxess Holdings, Inc

73

17,357

*

Marriott International, Inc (Class A)

3,050

117,088

 

Marsh & McLennan Cos, Inc

19,954

355

 

Martin Marietta Materials, Inc

137

4,683

 

Marvell Technology, Inc

336

1,385

 

Masco Corp

71

268

*

Masimo Corp

39

688,020

 

Mastercard, Inc (Class A)

245,885

138,312

*

Match Group, Inc

15,040

1,418

 

McCormick & Co, Inc

142

665,753

 

McDonald's Corp

164,627

68,589

 

McKesson Corp

20,997

3,377

 

Medical Properties Trust, Inc

71

1,018,977

 

Medtronic plc

113,055

697,109

 

Merck & Co, Inc

57,198

216,347

*

Meta Platforms, Inc

48,107

47,136

 

Metlife, Inc

3,313

613

*

Mettler-Toledo International, Inc

842

61,089

 

MGM Growth Properties LLC

2,364

2,133

 

MGM Resorts International

89

3,155

 

Microchip Technology, Inc

237

6,361

 

Micron Technology, Inc

495

3,321,503

 

Microsoft Corp

1,024,053

23,290

 

Mid-America Apartment Communities, Inc

4,878

36,882

*

Moderna, Inc

6,353

342

*

Mohawk Industries, Inc

42

332

*

Molina Healthcare, Inc

111

1,083

 

Molson Coors Brewing Co (Class B)

58

723,054

 

Mondelez International, Inc

45,393

339

*

MongoDB, Inc

150

249

 

Monolithic Power Systems, Inc

121

931,330

*

Monster Beverage Corp

74,413

6,145

 

Moody's Corp

2,073

1,821,237

 

Morgan Stanley

159,176

132,940

 

Mosaic Co

8,841

961

 

Motorola Solutions, Inc

233

3,065

 

MSCI, Inc (Class A)

1,541

665

 

Nasdaq Inc

119

52,173

 

National Storage Affiliates Trust

3,274

1,272

 

NetApp, Inc

106

103,814

*

Netflix, Inc

38,888

551

*

Neurocrine Biosciences, Inc

52

2,232

 

Newell Brands Inc

48

77,872

 

Newmont Goldcorp Corp

6,187

1,999

 

News Corp (Class A)

44

199

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

573,328

 

NextEra Energy, Inc

$48,567

1,006,912

 

Nike, Inc (Class B)

135,490

2,231

 

NiSource, Inc

71

298

 

Nordson Corp

68

1,384

 

Norfolk Southern Corp

395

1,121

 

Northern Trust Corp

131

184,274

 

Northrop Grumman Corp

82,411

3,301

 

NortonLifelock, Inc

88

467

*,e

Novavax, Inc

34

557

*

Novocure Ltd

46

70,564

 

NRG Energy, Inc

2,707

1,626

 

Nucor Corp

242

666,593

 

NVIDIA Corp

181,887

19

*

NVR, Inc

85

30,885

 

Occidental Petroleum Corp

1,752

839

*

Okta, Inc

127

556

 

Old Dominion Freight Line

166

1,209

 

Omnicom Group, Inc

103

2,450

*

ON Semiconductor Corp

153

128,741

 

ONEOK, Inc

9,093

957,450

 

Oracle Corp

79,210

5,517

*

O'Reilly Automotive, Inc

3,779

94,060

 

Otis Worldwide Corp

7,238

169,459

 

Owens Corning, Inc

15,505

1,975

 

PACCAR, Inc

174

11,656

 

Packaging Corp of America

1,820

9,212

*

Palantir Technologies, Inc

126

214,537

*

Palo Alto Networks, Inc

133,551

7,000

 

Parade Technologies Ltd

437

181,779

 

Parker-Hannifin Corp

51,582

1,846

 

Paychex, Inc

252

290

*

Paycom Software, Inc

100

223,640

*

PayPal Holdings, Inc

25,864

13,503

*

Peloton Interactive, Inc

357

950

 

Pentair plc

51

359,895

 

PepsiCo, Inc

60,239

59,183

*

Performance Food Group Co

3,013

646

 

PerkinElmer, Inc

113

209,211

*,e

Petco Health & Wellness Co, Inc

4,094

1,473,139

 

Pfizer, Inc

76,264

416,382

*,b

PG&E Corp

4,972

310,675

 

Philip Morris International, Inc

29,185

24,025

 

Phillips 66

2,076

30,807

*

Pinterest, Inc

758

159,346

 

Pioneer Natural Resources Co

39,841

2,936

*,e

Plug Power, Inc

84

2,403

 

PNC Financial Services Group, Inc

443

228

 

Pool Corp

96

37,735

 

PPG Industries, Inc

4,946

4,262

 

PPL Corp

122

1,508

 

Principal Financial Group

111

1,474,118

 

Procter & Gamble Co

225,245

121,554

 

Progressive Corp

13,856

248,370

 

Prologis, Inc

40,107

302,499

*

ProPetro Holding Corp

4,214

113,730

 

Prudential Financial, Inc

13,439

637

*

PTC, Inc

69

2,876

 

Public Service Enterprise Group, Inc

201

33,720

 

Public Storage, Inc

13,160

1,434

 

Pulte Homes, Inc

60

627

*

Qorvo, Inc

78

68,152

 

QUALCOMM, Inc

10,415

697

 

Quest Diagnostics, Inc

95

1,053

 

Raymond James Financial, Inc

116

200

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

765,704

 

Raytheon Technologies Corp

$75,858

51,821

 

Realty Income Corp

3,591

128,101

 

Regency Centers Corp

9,139

26,297

*

Regeneron Pharmaceuticals, Inc

18,366

5,422

 

Regions Financial Corp

121

1,263

 

Republic Services, Inc

167

829

 

Resmed, Inc

201

353,842

 

Rexford Industrial Realty, Inc

26,393

446

*

RingCentral, Inc

52

1,031

*,e

Rivian Automotive, Inc

52

633

 

Robert Half International, Inc

72

1,219

*,e

Robinhood Markets, Inc

16

11,746

 

Rockwell Automation, Inc

3,289

8,560

*

Roku, Inc

1,072

1,330

 

Rollins, Inc

47

71,264

 

Roper Technologies Inc

33,653

41,208

 

Ross Stores, Inc

3,728

39,808

*

Royal Caribbean Cruises Ltd

3,335

1,949

 

Royalty Pharma plc

76

29,590

 

RPM International, Inc

2,410

76,410

 

S&P Global, Inc

31,342

110,849

 

Sabra Healthcare REIT, Inc

1,651

606,234

*

salesforce.com, Inc

128,716

19,769

 

SBA Communications Corp

6,803

52,846

 

Schlumberger Ltd

2,183

594,313

 

Schneider Electric S.A.

99,779

1,140

 

Seagate Technology Holdings plc

102

416,483

*

Seagen, Inc

59,994

18,358

 

Sealed Air Corp

1,229

722

 

SEI Investments Co

43

79,305

 

Sempra Energy

13,333

897

*

Sensata Technologies Holding plc

46

377,845

*

ServiceNow, Inc

210,418

49,260

 

Sherwin-Williams Co

12,296

345

 

Signature Bank

101

505,475

 

Simon Property Group, Inc

66,500

5,312

e

Sirius XM Holdings, Inc

35

940

 

Skyworks Solutions, Inc

125

4,002

e

SL Green Realty Corp

325

6,165

*

Snap, Inc

222

305

 

Snap-On, Inc

63

1,198

*

Snowflake, Inc

274

2,900

*,e

SoFi Technologies, Inc

27

299

*

SolarEdge Technologies, Inc

96

6,027

 

Southern Co

437

787

*

Southwest Airlines Co

36

918

*

Splunk, Inc

136

1,303

 

SS&C Technologies Holdings, Inc

98

18,300

 

Stanley Black & Decker, Inc

2,558

273,003

 

Starbucks Corp

24,835

2,078

 

State Street Corp

181

77,804

 

Steel Dynamics, Inc

6,491

569

 

STERIS plc

138

133,572

 

Stryker Corp

35,710

71,297

 

Sun Communities, Inc

12,498

1,057

*

Sunrun, Inc

32

334

*

SVB Financial Group

187

3,112

 

Synchrony Financial

108

156,016

*

Synopsys, Inc

51,995

64,923

 

SYSCO Corp

5,301

1,277

 

T Rowe Price Group, Inc

193

656

*

Take-Two Interactive Software, Inc

101

516,738

 

Target Corp

109,662

816

*,e

Teladoc, Inc

59

201

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

265

*

Teledyne Technologies, Inc

$125

266

 

Teleflex, Inc

94

200,000

*

Tenet Healthcare Corp

17,192

927

 

Teradyne, Inc

110

48,605

 

Terreno Realty Corp

3,599

286,650

*

Tesla, Inc

308,894

5,251

 

Texas Instruments, Inc

963

215,520

 

Textron, Inc

16,030

95,144

 

Thermo Fisher Scientific, Inc

56,197

302,794

 

TJX Companies, Inc

18,343

361,196

*

T-Mobile US, Inc

46,360

647

 

Tractor Supply Co

151

2,480

*

Trade Desk, Inc

172

605

 

Tradeweb Markets, Inc

53

252,298

*,e

Traeger, Inc

1,877

429,928

 

Trane Technologies plc

65,650

298

*

TransDigm Group, Inc

194

1,089

 

TransUnion

113

1,399

 

Travelers Cos, Inc

256

1,427

*

Trimble Inc

103

7,590

 

Truist Financial Corp

430

957

*

Twilio, Inc

158

4,545

*

Twitter, Inc

176

233

*

Tyler Technologies, Inc

104

31,736

 

Tyson Foods, Inc (Class A)

2,844

8,271

*

Uber Technologies, Inc

295

1,758

 

UDR, Inc

101

1,263

 

UGI Corp

46

21,354

*

Ulta Beauty, Inc

8,504

896,908

 

Union Pacific Corp

245,044

115,514

 

United Parcel Service, Inc (Class B)

24,773

125,958

*

United Rentals, Inc

44,742

520,147

 

UnitedHealth Group, Inc

265,259

325

*

Unity Software, Inc

32

415

 

Universal Health Services, Inc (Class B)

60

226

*,e

Upstart Holdings, Inc

25

787,495

 

US Bancorp

41,855

6,280

 

Vail Resorts, Inc

1,634

429,645

 

Valero Energy Corp

43,626

508,622

e

Vanguard Emerging Markets ETF

23,463

50,000

e

Vanguard FTSE Developed Markets ETF

2,402

788

*

Veeva Systems, Inc

167

119,710

 

Ventas, Inc

7,393

569

*

VeriSign, Inc

127

870

 

Verisk Analytics, Inc

187

890,710

 

Verizon Communications, Inc

45,373

45,567

*

Vertex Pharmaceuticals, Inc

11,892

36,283

 

VF Corp

2,063

109,006

e

ViacomCBS, Inc (Class B)

4,122

131,145

 

Viatris, Inc

1,427

103,577

 

VICI Properties, Inc

2,948

876,010

 

Visa, Inc (Class A)

194,273

95,633

 

Vistra Energy Corp

2,223

1,193

 

VMware, Inc (Class A)

136

980

 

Vornado Realty Trust

44

170,154

 

Voya Financial, Inc

11,290

754

 

Vulcan Materials Co

139

157,072

 

W.R. Berkley Corp

10,459

112,300

 

W.W. Grainger, Inc

57,923

4,184

 

Walgreens Boots Alliance, Inc

187

1,033,948

 

Walmart, Inc

153,976

1,209,467

*

Walt Disney Co

165,890

35,000

 

Washington REIT

893

1,481

 

Waste Connections, Inc

207

202

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

2,379

 

Waste Management, Inc

$377

347

*

Waters Corp

108

424

*,e

Wayfair, Inc

47

1,019

 

Webster Financial Corp

57

1,793

 

WEC Energy Group, Inc

179

4,549,295

 

Wells Fargo & Co

220,459

69,945

 

Welltower, Inc

6,725

59,658

 

West Pharmaceutical Services, Inc

24,502

1,768

*

Western Digital Corp

88

2,419

 

Western Union Co

45

160,053

 

Westinghouse Air Brake Technologies Corp

15,392

72,560

 

Westlake Chemical Corp

8,954

39,842

 

WestRock Co

1,874

145,405

 

Weyerhaeuser Co

5,511

1,865

 

Whirlpool Corp

322

335,245

 

Williams Cos, Inc

11,201

9,882

 

Willis Towers Watson plc

2,334

1,097

*

Workday, Inc

263

1,056

 

WP Carey, Inc

85

13,705

*

Wynn Resorts Ltd

1,093

74,529

 

Xcel Energy, Inc

5,379

917

 

Xylem, Inc

78

346,849

*

YETI Holdings, Inc

20,804

118,165

 

Yum! Brands, Inc

14,006

304

*

Zebra Technologies Corp (Class A)

126

686

*

Zendesk, Inc

83

392

*

Zillow Group, Inc (Class A)

19

968

*

Zillow Group, Inc (Class C)

48

1,187

 

Zimmer Biomet Holdings, Inc

152

140,948

 

Zoetis, Inc

26,581

1,239

*

Zoom Video Communications, Inc

145

1,605

*

ZoomInfo Technologies, Inc

96

478

*

Zscaler, Inc

115

 

 

TOTAL UNITED STATES

16,203,304

ZAMBIA - 0.0%

 

 

 

 

207,570

 

First Quantum Minerals Ltd

7,186

 

 

TOTAL ZAMBIA

7,186

 

 

TOTAL COMMON STOCKS

25,992,385

 

 

(Cost $21,323,760)

 

 

 

EXPIRATION

 

 

 

DATE

 

RIGHTS/WARRANTS - 0.0%

 

 

 

 

AUSTRALIA - 0.0%

 

 

 

 

89,428

e PointsBet Holdings Pty Ltd

09/30/22

 

4

 

TOTAL AUSTRALIA

 

 

4

FRANCE - 0.0%

 

 

 

 

120,079

Electricite de France S.A.

04/01/22

 

44

 

TOTAL FRANCE

 

 

44

KOREA, REPUBLIC OF - 0.0%

 

 

 

 

423

Samsung Biologics Co Ltd

 

 

64

 

TOTAL KOREA, REPUBLIC OF

 

 

64

203

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

 

 

 

EXPIRATION

VALUE

SHARES

 

 

COMPANY

 

 

DATE

 

(000)

SWITZERLAND - 0.0%

 

 

 

 

 

 

 

203,337

 

e

Cie Financiere Richemont S.A.

 

 

11/27/23

 

$161

 

 

 

TOTAL SWITZERLAND

 

 

 

 

161

 

 

 

TOTAL RIGHTS/WARRANTS

 

 

 

 

273

 

 

 

(Cost $19)

 

 

 

 

 

 

 

 

 

 

 

MATURITY

 

PRINCIPAL

 

 

ISSUER

RATE

 

DATE

 

 

SHORT-TERM INVESTMENTS - 1.8%

 

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 0.9%

 

 

 

 

 

 

 

$5,000,000

 

 

Federal Agricultural Mortgage Corp (FAMC)

0.000%

 

05/03/22

 

4,999

15,525,000

 

 

Federal Farm Credit Bank (FFCB)

0.000

 

04/14/22

 

15,524

20,000,000

 

 

FFCB

0.000

 

04/27/22

 

19,998

11,000,000

 

 

FFCB

0.000

 

07/25/22

 

10,973

9,000,000

 

 

FFCB

0.000

 

09/23/22

 

8,954

19,335,000

 

 

Federal Home Loan Bank (FHLB)

0.000

 

04/05/22

 

19,335

10,000,000

 

 

FHLB

0.000

 

04/07/22

 

10,000

27,000,000

 

 

FHLB

0.000

 

04/08/22

 

26,999

15,000,000

 

 

FHLB

0.000

 

04/18/22

 

14,999

20,000,000

 

 

FHLB

0.000

 

05/06/22

 

19,992

12,500,000

 

 

FHLB

0.000

 

05/11/22

 

12,494

10,000,000

 

 

FHLB

0.000

 

05/18/22

 

9,994

20,000,000

 

 

FHLB

0.000

 

05/24/22

 

19,988

6,680,000

 

 

FHLB

0.000

 

05/25/22

 

6,676

15,000,000

 

 

FHLB

0.000

 

05/27/22

 

14,990

17,820,000

 

 

FHLB

0.000

 

06/17/22

 

17,796

10,000,000

 

 

FHLB

0.000

 

06/30/22

 

9,985

2,096,000

 

 

Federal National Mortgage Association (FNMA)

0.010

 

04/01/22

 

2,096

 

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

245,792

REPURCHASE AGREEMENT - 0.4%

 

 

 

 

 

 

 

100,590,000

 

r

Fixed Income Clearing Corp (FICC)

0.250

 

04/01/22

 

100,590

 

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

100,590

TREASURY DEBT - 0.1%

 

 

 

 

 

 

 

16,161,000

 

 

United States Cash Management Bill

0.000

 

04/12/22

 

16,161

10,000,000

 

 

United States Treasury Bill

0.000

 

06/23/22

 

9,989

 

 

 

TOTAL TREASURY DEBT

 

 

 

 

26,150

INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED - 0.4%

 

 

 

 

 

CERTIFICATE OF DEPOSIT - 0.0%

 

 

 

 

 

 

 

2,500,000

 

 

Credit Agricole

0.410

 

05/16/22

 

2,500

2,500,000

 

 

Mitsubishi Bank

0.460

 

08/16/22

 

2,500

8,000,000

 

 

Mizuho Bank

0.250

 

05/09/22

 

8,000

1,000,000

 

 

Nordea Bank Abp

0.430

 

10/24/22

 

1,000

 

 

 

TOTAL CERTIFICATE OF DEPOSIT

 

 

 

 

14,000

COMMERCIAL PAPER - 0.0%

 

 

 

 

 

 

 

8,000,000

 

 

Skandin Ens Banken AG

0.000

 

05/02/22

 

7,998

 

 

 

TOTAL COMMERCIAL PAPER

 

 

 

 

7,998

REPURCHASE AGREEMENT - 0.4%

 

 

 

 

 

 

 

8,000,000

 

s

Calyon

0.300

 

04/01/22

 

8,000

8,000,000

 

t

Citigroup

0.310

 

04/01/22

 

8,000

10,000,000

 

u

Deutsche Bank

0.300

 

04/01/22

 

10,000

5,000,000

 

v

Goldman Sachs

0.300

 

04/01/22

 

5,000

5,000,000

 

w

HSBC

0.300

 

04/01/22

 

5,000

10,000,000

 

x

JP Morgan

0.300

 

04/01/22

 

10,000

6,000,000

 

y

Merrill Lynch

0.300

 

04/01/22

 

6,000

5,000,000

 

z

Morgan Stanley

0.300

 

04/01/22

 

5,000

9,000,000

 

aa

Nomura

0.300

 

04/01/22

 

9,000

9,000,000

 

ab

Royal Bank of Scotland

0.300

 

04/01/22

 

9,000

5,000,000

 

ac

Societe Generale

0.300

 

04/01/22

 

5,000

204

COLLEGE RETIREMENT EQUITIES FUND - Global Equities Account

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE

 

DATE

 

(000)

$3,000,000 ad

Societe Generale

0.300%

04/04/22

 

$3,000

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

83,000

 

 

TOTAL INVESTMENT OF CASH COLLATERAL FOR SECURITIES LOANED

 

 

 

 

104,998

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

477,530

 

 

(Cost $477,622)

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 100.4%

 

 

 

 

26,470,204

 

 

(Cost $21,801,418)

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (0.4)%

 

 

 

 

(102,011)

 

 

NET ASSETS - 100.0%

 

 

 

 

$26,368,193

 

ADR

American Depositary Receipt

 

 

 

 

 

 

ETF

Exchange Traded Fund

 

 

 

 

 

 

GDR

Global Depositary Receipt

 

 

 

 

 

 

INR

Indian Rupee

 

 

 

 

 

 

REIT

Real Estate Investment Trust

 

 

 

 

 

^Amount represents less than $1,000. * Non-income producing

† Security is categorized as Level 3 in the fair value hierarchy. a Affiliated holding

b In bankruptcy

d All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.

e

All or a portion of these securities are out on loan. The aggregate value of securities on loan is $258,289,266.

g

Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions

 

exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $199,943,238 or 0.8% of net assets.

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $100,590,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 2.375% and maturity date 3/31/29, valued at $102,601,819.

sAgreement with Calyon, 0.300% dated 3/31/22 to be repurchased at $8,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.125% and maturity date 7/15/22, valued at $8,160,047.

tAgreement with Citigroup, 0.310% dated 3/31/22 to be repurchased at $8,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.000%–4.375% and maturity dates 2/15/28–2/15/38, valued at $8,160,125.

uAgreement with Deutsche Bank, 0.300% dated 3/31/22 to be repurchased at $10,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.000% and maturity date 4/19/22, valued at $10,200,043.

vAgreement with Goldman Sachs, 0.300% dated 3/31/22 to be repurchased at $5,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.000%–7.250% and maturity dates 4/21/22–5/15/40, valued at $5,100,000.

wAgreement with HSBC, 0.300% dated 3/31/22 to be repurchased at $5,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.000% and maturity date 8/15/24, valued at $5,100,000.

xAgreement with JP Morgan, 0.300% dated 3/31/22 to be repurchased at $10,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 2.486%–8.000% and maturity dates 11/20/29–3/20/52, valued at $10,200,000.

yAgreement with Merrill Lynch, 0.300% dated 3/31/22 to be repurchased at $6,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 3.000%–4.000% and maturity dates 5/20/50–2/20/52, valued at $6,120,000.

zAgreement with Morgan Stanley, 0.300% dated 3/31/22 to be repurchased at $5,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates

 

3.000%–8.000% and maturity dates 2/1/24–3/20/51, valued at $5,100,000.

aa Agreement with Nomura, 0.300% dated 3/31/22 to be repurchased at $9,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates

 

0.125%–3.750% and maturity dates 10/31/23–2/15/42, valued at $9,180,018.

ab

Agreement with Royal Bank of Scotland, 0.300% dated 3/31/22 to be repurchased at $9,000,000 on 4/1/22, collateralized by Government Agency Securities, with

 

coupon rates 2.875%–3.625% and maturity dates 5/15/43–2/15/44, valued at $9,180,073.

ac

Agreement with Societe Generale, 0.300% dated 3/31/22 to be repurchased at $5,000,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates

 

0.250%–4.000% and maturity dates 1/15/25–11/15/51, valued at $5,100,066.

ad

Agreement with Societe Generale, 0.300% dated 3/28/22 to be repurchased at $3,000,000 on 4/4/22, collateralized by Government Agency Securities, with coupon rates

 

0.125%–3.625% and maturity dates 7/15/22–8/1/50, valued at $3,060,091.

Cost amounts are in thousands.

Principal denominated in U.S. Dollars, unless otherwise noted.

Futures contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

Number of

 

 

 

 

 

 

Unrealized

 

long (short)

Expiration

 

Notional

 

 

 

appreciation

Description

contracts

date

 

amount

 

Value

 

(depreciation)

MSCI EAFE Index

577‌

06/17/22

$

59,003‌

$

61,866‌

$

2,863‌

 

S&P 500 E Mini Index

702‌

06/17/22

 

151,107‌

 

159,029‌

 

7,922‌

Total

1,279‌

 

$

210,110‌

$

220,895‌

$

10,785‌

 

 

 

 

 

 

 

 

 

 

205

COLLEGE RETIREMENT EQUITIES FUND - Growth Account

 

 

COLLEGE RETIREMENT EQUITIES FUND

 

 

 

GROWTH ACCOUNT

 

 

 

SCHEDULE OF INVESTMENTS (unaudited)

 

 

 

March 31, 2022

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

COMMON STOCKS - 99.4%

 

 

 

AUTOMOBILES & COMPONENTS - 4.1%

 

 

1,534,639

*

Aptiv plc

$183,712

1,314,707

*

General Motors Co

57,505

210,560

*,e

Rivian Automotive, Inc

10,578

1,064,649

*

Tesla, Inc

1,147,266

 

 

TOTAL AUTOMOBILES & COMPONENTS

1,399,061

BANKS - 0.2%

 

 

 

1,540,649

 

Wells Fargo & Co

74,660

 

 

TOTAL BANKS

74,660

CAPITAL GOODS - 3.8%

 

 

 

746,243

*

Boeing Co

142,905

6,902,956

 

Carrier Global Corp

316,639

708,725

 

Deere & Co

294,447

268,401

*

Generac Holdings, Inc

79,785

948,338

*

Liberty Media Acquisition Corp

9,512

1,914,930

 

Raytheon Technologies Corp

189,712

401,672

 

Roper Technologies Inc

189,682

899,282

 

Safran S.A.

105,877

 

 

TOTAL CAPITAL GOODS

1,328,559

COMMERCIAL & PROFESSIONAL SERVICES - 1.4%

 

314,622

*

Cimpress plc

20,007

2,442,066

 

Experian Group Ltd

94,082

714,475

 

Verisk Analytics, Inc

153,348

1,477,241

 

Waste Connections, Inc

206,370

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

473,807

CONSUMER DURABLES & APPAREL - 1.3%

 

 

730,762

 

Essilor International S.A.

133,649

1,795,940

 

Nike, Inc (Class B)

241,662

9,782,100

 

Prada S.p.A

61,962

 

 

TOTAL CONSUMER DURABLES & APPAREL

437,273

CONSUMER SERVICES - 3.8%

 

 

 

265,307

*

Booking Holdings, Inc

623,060

1,730,227

*

Caesars Entertainment, Inc

133,850

4,481,038

*,e

Carnival Corp

90,607

118,237

*

Chipotle Mexican Grill, Inc (Class A)

187,055

6,793,834

*

Las Vegas Sands Corp

264,076

 

 

TOTAL CONSUMER SERVICES

1,298,648

DIVERSIFIED FINANCIALS - 2.9%

 

 

 

2,471,300

 

Charles Schwab Corp

208,355

8,050,962

*

Grab Holdings Ltd.

28,178

1,690,388

e

iShares Russell 1000 Growth Index Fund

469,302

708,918

 

Morgan Stanley

61,960

1,191,512

*

Ribbit LEAP Ltd

11,856

534,225

 

S&P Global, Inc

219,128

 

 

TOTAL DIVERSIFIED FINANCIALS

998,779

ENERGY - 1.4%

 

 

 

1,298,147

 

ConocoPhillips

129,815

2,092,045

 

EOG Resources, Inc

249,434

406,460

 

Pioneer Natural Resources Co

101,627

 

 

TOTAL ENERGY

480,876

206

COLLEGE RETIREMENT EQUITIES FUND - Growth Account

 

 

 

 

 

VALUE

SHARES

 

 

COMPANY

 

(000)

FOOD & STAPLES RETAILING - 2.5%

 

 

 

 

1,504,127

 

 

Costco Wholesale Corp

$866,152

 

 

 

TOTAL FOOD & STAPLES RETAILING

866,152

FOOD, BEVERAGE & TOBACCO - 1.0%

 

 

 

 

5,133,712

 

 

Davide Campari-Milano NV

59,546

3,769,916

 

*

Monster Beverage Corp

301,217

 

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

360,763

HEALTH CARE EQUIPMENT & SERVICES - 4.4%

 

902,372

 

 

Alcon, Inc

71,491

651,636

 

*

Align Technology, Inc

284,113

175,146

 

 

Anthem, Inc

86,035

888,051

 

*

Dexcom, Inc

454,327

1,294,159

 

*

Edwards Lifesciences Corp

152,349

626,619

 

*

Guardant Health, Inc

41,507

1,033,655

 

*,n

Intuitive Surgical, Inc

311,833

23,277

 

 

UnitedHealth Group, Inc

11,871

418,515

 

*

Veeva Systems, Inc

88,918

 

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

1,502,444

HOUSEHOLD & PERSONAL PRODUCTS - 0.4%

 

546,510

 

 

Estee Lauder Cos (Class A)

148,826

 

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

148,826

INSURANCE - 0.5%

 

 

 

 

2,628,204

 

 

American International Group, Inc

164,972

 

 

 

TOTAL INSURANCE

164,972

MATERIALS - 0.9%

 

 

 

 

256,020

 

 

Linde plc

81,780

919,413

 

 

Sherwin-Williams Co

229,504

 

 

 

TOTAL MATERIALS

311,284

MEDIA & ENTERTAINMENT - 11.6%

 

 

 

 

481,895

 

*

Alphabet, Inc (Class A)

1,340,319

320,526

 

*

Alphabet, Inc (Class C)

895,226

1,922,852

 

 

Comcast Corp (Class A)

90,028

680,959

 

 

Electronic Arts, Inc

86,148

682,736

 

*

IAC

68,465

2,863,932

 

*

Match Group, Inc

311,424

3,810,641

 

*

Meta Platforms, Inc

847,334

735,866

 

*

ROBLOX Corp

34,026

1,459,614

 

 

Tencent Holdings Ltd

67,280

1,814,046

 

*

Twitter, Inc

70,185

648,527

 

*

Walt Disney Co

88,952

1,672,196

 

*

ZoomInfo Technologies, Inc

99,897

 

 

 

TOTAL MEDIA & ENTERTAINMENT

3,999,284

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.0%

 

1,855,235

 

 

AbbVie, Inc

300,752

3,633,701

 

 

AstraZeneca plc (ADR)

241,060

9,422,006

 

*

Avantor, Inc

318,652

748,873

 

 

Eli Lilly & Co

214,455

3,088,158

 

*

Horizon Therapeutics Plc

324,905

557,316

 

*

Illumina, Inc

194,726

2,520,340

 

 

Zoetis, Inc

475,311

 

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

2,069,861

RETAILING - 9.9%

 

 

 

 

728,129

 

*

Amazon.com, Inc

2,373,664

953,350

 

*

Burlington Stores, Inc

173,672

912,636

 

*

CarMax, Inc

88,051

1,808,299

 

*

Coupang, Inc

31,971

207

COLLEGE RETIREMENT EQUITIES FUND - Growth Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,322,376

 

eBay, Inc

$75,719

411,318

 

Home Depot, Inc

123,120

76,112

*

JD.com, Inc

2,163

115,668

 

Kering

73,024

1,357,598

 

Lowe's Companies, Inc

274,493

3,067,535

 

TJX Companies, Inc

185,831

 

 

TOTAL RETAILING

3,401,708

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 9.6%

 

3,620,007

*

Advanced Micro Devices, Inc

395,812

2,128,390

 

Applied Materials, Inc

280,522

1,072,507

 

Broadcom, Inc

675,336

582,941

 

Lam Research Corp

313,395

2,163,943

 

Marvell Technology, Inc

155,176

1,105,677

 

Micron Technology, Inc

86,121

429,113

 

Monolithic Power Systems, Inc

208,412

3,987,750

 

NVIDIA Corp

1,088,097

991,245

 

Taiwan Semiconductor Manufacturing Co Ltd (ADR)

103,347

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

3,306,218

SOFTWARE & SERVICES - 26.2%

 

 

 

654,905

 

Accenture plc

220,854

38,783

*,g

Adyen NV

76,817

361,825

*

Crowdstrike Holdings, Inc

82,163

990,331

*

DocuSign, Inc

106,084

351,072

*

EPAM Systems, Inc

104,131

893,503

 

Intuit, Inc

429,632

7,203,300

*

ironSource Ltd

34,576

2,352,033

 

Mastercard, Inc (Class A)

840,570

11,777,472

 

Microsoft Corp

3,631,112

1,250,169

 

Oracle Corp

103,427

608,128

*,n

Palo Alto Networks, Inc

378,566

1,528,966

*

PayPal Holdings, Inc

176,825

2,880,808

*

Qualtrics International, Inc

82,247

3,709,419

*

salesforce.com, Inc

787,584

940,925

*

ServiceNow, Inc

523,992

806,506

*

Synopsys, Inc

268,784

162,412

*

Twilio, Inc

26,767

4,070,659

 

Visa, Inc (Class A)

902,750

519,091

*

Workday, Inc

124,302

608,759

*

Zscaler, Inc

146,881

 

 

TOTAL SOFTWARE & SERVICES

9,048,064

TECHNOLOGY HARDWARE & EQUIPMENT - 5.5%

 

10,968,962

 

Apple, Inc

1,915,290

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

1,915,290

TRANSPORTATION - 2.0%

 

 

 

5,590,961

*

Uber Technologies, Inc

199,486

1,764,456

 

Union Pacific Corp

482,067

 

 

TOTAL TRANSPORTATION

681,553

 

 

TOTAL COMMON STOCKS

34,268,082

 

 

(Cost $29,890,682)

 

 

 

 

 

 

MATURITY

 

PRINCIPAL

 

ISSUER

RATE

 

DATE

 

SHORT-TERM INVESTMENTS - 0.3%

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 0.2%

 

 

 

 

 

$5,000,000

 

Federal Agricultural Mortgage Corp (FAMC)

0.000%

05/03/22

4,999

10,000,000

 

Federal Home Loan Bank (FHLB)

0.000

04/25/22

9,999

10,000,000

 

FHLB

0.000

05/04/22

9,996

10,000,000

 

FHLB

0.000

05/06/22

9,996

208

COLLEGE RETIREMENT EQUITIES FUND - Growth Account

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE

 

DATE

 

(000)

$20,000,000

 

FHLB

0.000%

05/24/22

 

$19,988

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

54,978

REPURCHASE AGREEMENT - 0.0%

 

 

 

 

 

 

 

905,000

r

Fixed Income Clearing Corp (FICC)

0.250

04/01/22

 

905

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

905

TREASURY DEBT - 0.0%

 

 

 

 

 

 

 

8,345,000

 

United States Treasury Note

2.250

04/15/22

 

8,351

 

 

TOTAL TREASURY DEBT

 

 

 

 

8,351

SHARES

 

COMPANY

 

 

 

 

 

INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.1%

 

 

 

 

 

41,016,475

c

State Street Navigator Securities Lending Government Money Market Portfolio

0.290

 

 

 

41,016

 

 

TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES

 

 

 

 

41,016

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

105,250

 

 

(Cost $105,258)

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 99.7%

 

 

 

 

34,373,332

 

 

(Cost $29,995,940)

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - 0.3%

 

 

 

 

106,540

 

 

NET ASSETS - 100.0%

 

 

 

 

$34,479,872

 

ADR

American Depositary Receipt

 

 

 

 

 

 

* Non-income producing

 

 

 

 

 

 

c Investments made with cash collateral received from securities on loan.

 

 

 

 

 

 

e

All or a portion of these securities are out on loan. The aggregate value of securities on loan is $68,235,342.

 

 

 

 

 

g

Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions

exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $76,817,234 or 0.2% of net assets. n All or a portion of these securities have been segregated by the custodian to cover requirements on open written options contracts.

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $905,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 2.375% and maturity date 3/31/29, valued at $923,170.

Cost amounts are in thousands.

Written options outstanding as of March 31, 2022 were as follows (notional amounts and values are in thousands):

 

Number of

 

Notional

 

Exercise

Expiration

 

 

Description/underlying investment

contracts

 

amount

 

price

date

 

Value

 

 

 

 

 

 

 

 

 

Intuitive Surgical, Inc, Call

615

$

(221‌)

$

350.00‌

04/14/22

$

(31‌)

Intuitive Surgical, Inc, Call

615

 

(280‌)

 

340.00‌

06/17/22

 

(308‌)

Intuitive Surgical, Inc, Put

615

 

(1,421‌)

 

280.00‌

06/17/22

 

(578‌)

Palo Alto Networks, Inc, Call

370

 

(345‌)

 

650.00‌

04/29/22

 

(514‌)

Total

2,215

$

(2,267‌)

 

 

 

$

(1,431‌)

209

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

COLLEGE RETIREMENT EQUITIES FUND

 

 

 

EQUITY INDEX ACCOUNT

 

 

 

SCHEDULE OF INVESTMENTS (unaudited)

 

 

 

March 31, 2022

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

COMMON STOCKS - 99.7%

 

 

 

AUTOMOBILES & COMPONENTS - 2.5%

 

 

49,971

*

Adient plc

$2,037

60,325

*

American Axle & Manufacturing Holdings, Inc

468

142,468

*

Aptiv plc

17,055

14,947

*,e

Arcimoto, Inc

99

131,607

 

BorgWarner, Inc

5,120

43,545

*,e

Canoo, Inc

240

12,534

*

Cooper-Standard Holding, Inc

110

76,541

 

Dana Inc

1,345

12,642

*

Dorman Products, Inc

1,201

86,619

*,e

Fisker, Inc

1,117

2,054,722

 

Ford Motor Co

34,745

23,054

*

Fox Factory Holding Corp

2,258

724,316

*

General Motors Co

31,682

119,427

 

Gentex Corp

3,484

18,149

*

Gentherm, Inc

1,326

150,840

*

Goodyear Tire & Rubber Co

2,156

87,213

 

Harley-Davidson, Inc

3,436

12,667

 

LCI Industries, Inc

1,315

32,974

 

Lear Corp

4,702

61,192

*,e

Lordstown Motors Corp

209

36,302

*

Modine Manufacturing Co

327

13,147

*

Motorcar Parts of America, Inc

234

12,396

 

Patrick Industries, Inc

747

111,576

*,e

QuantumScape Corp

2,230

68,395

*,e

Rivian Automotive, Inc

3,436

11,405

 

Standard Motor Products, Inc

492

20,247

*

Stoneridge, Inc

420

38,574

*

Tenneco, Inc

707

440,116

*

Tesla, Inc

474,269

29,413

e

Thor Industries, Inc

2,315

16,494

*

Visteon Corp

1,800

17,654

 

Winnebago Industries, Inc

954

67,449

*,e

Workhorse Group, Inc

337

294,451

*

XL Fleet Corp

586

9,934

*

XPEL, Inc

523

 

 

TOTAL AUTOMOBILES & COMPONENTS

603,482

BANKS - 4.1%

 

 

 

12,408

 

1st Source Corp

574

7,958

 

Allegiance Bancshares, Inc

356

12,491

 

Amerant Bancorp Inc

395

5,882

 

American National Bankshares, Inc

222

38,500

 

Ameris Bancorp

1,689

8,940

 

Arrow Financial Corp

290

85,309

 

Associated Banc-Corp

1,942

42,326

 

Atlantic Union Bankshares Corp

1,553

31,941

*

Axos Financial, Inc

1,482

31,112

 

Banc of California, Inc

602

11,574

 

Bancfirst Corp

963

3,732

e

Bank First Corp

269

3,759,903

 

Bank of America Corp

154,983

23,380

 

Bank of Hawaii Corp

1,962

7,728

 

Bank of Marin Bancorp

271

27,371

 

Bank of NT Butterfield & Son Ltd

982

58,249

 

Bank OZK

2,487

50,841

 

BankUnited

2,235

18,925

 

Banner Corp

1,108

210

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

11,016

 

Bar Harbor Bankshares

$315

26,834

 

Berkshire Hills Bancorp, Inc

777

15,941

 

BOK Financial Corp

1,498

54,590

 

Brookline Bancorp, Inc

864

6,436

 

Business First Bancshares, Inc

157

5,576

 

Byline Bancorp, Inc

149

107,871

 

Cadence BanCorp

3,156

2,502

 

Cambridge Bancorp

213

11,436

 

Camden National Corp

538

9,158

 

Capital City Bank Group, Inc

241

33,828

 

Capitol Federal Financial

368

5,956

 

Capstar Financial Holdings, Inc

126

14,623

*

Carter Bankshares, Inc

254

40,414

 

Cathay General Bancorp

1,808

12,633

 

CBTX, Inc

392

21,511

 

Central Pacific Financial Corp

600

1,057,973

 

Citigroup, Inc

56,496

9,568

 

Citizens & Northern Corp

233

233,465

 

Citizens Financial Group, Inc

10,583

10,955

 

City Holding Co

862

7,262

 

Civista Bancshares, Inc

175

9,772

 

CNB Financial Corp

257

5,328

*

Coastal Financial Corp

244

39,274

 

Columbia Banking System, Inc

1,267

33,673

*

Columbia Financial, Inc

724

69,667

 

Comerica, Inc

6,300

58,578

 

Commerce Bancshares, Inc

4,194

29,222

 

Community Bank System, Inc

2,050

1,585

 

Community Trust Bancorp, Inc

65

21,722

 

ConnectOne Bancorp, Inc

695

29,153

*

CrossFirst Bankshares, Inc

459

31,366

 

Cullen/Frost Bankers, Inc

4,341

19,196

*

Customers Bancorp, Inc

1,001

53,505

 

CVB Financial Corp

1,242

19,153

 

Dime Community Bancshares, Inc

662

17,266

 

Eagle Bancorp, Inc

984

71,752

e

East West Bancorp, Inc

5,670

94,260

 

Eastern Bankshares, Inc

2,030

6,481

 

Enterprise Bancorp, Inc

260

16,077

 

Enterprise Financial Services Corp

761

7,477

 

Equity Bancshares, Inc

242

53,471

 

Essent Group Ltd

2,203

18,150

 

Farmers National Banc Corp

310

13,107

 

FB Financial Corp

582

1,343

 

Federal Agricultural Mortgage Corp

146

361,982

 

Fifth Third Bancorp

15,580

10,211

 

Financial Institutions, Inc

308

114,850

 

First Bancorp

1,507

15,371

 

First Bancorp

642

6,485

 

First Bancorp, Inc

195

6,018

 

First Bancshares, Inc

203

26,747

 

First Busey Corp

678

6,675

 

First Citizens Bancshares, Inc (Class A)

4,443

52,091

 

First Commonwealth Financial Corp

790

12,139

 

First Community Bancshares, Inc

342

52,485

 

First Financial Bancorp

1,210

70,877

 

First Financial Bankshares, Inc

3,127

8,330

 

First Financial Corp

360

19,660

 

First Foundation, Inc

477

71,845

 

First Hawaiian, Inc

2,004

308,284

 

First Horizon National Corp

7,242

4,089

 

First Internet Bancorp

176

43,798

 

First Interstate Bancsystem, Inc

1,610

29,933

 

First Merchants Corp

1,245

211

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,120

 

First Mid-Illinois Bancshares, Inc

$274

15,462

 

First of Long Island Corp

301

92,712

 

First Republic Bank

15,029

17,270

 

Flagstar Bancorp, Inc

732

20,105

 

Flushing Financial Corp

449

191,966

 

FNB Corp

2,390

55,368

 

Fulton Financial Corp

920

14,703

 

German American Bancorp, Inc

559

63,141

 

Glacier Bancorp, Inc

3,175

7,809

 

Great Southern Bancorp, Inc

461

1,346

 

Guaranty Bancshares, Inc

47

47,878

 

Hancock Whitney Corp

2,497

23,963

 

Hanmi Financial Corp

590

16,668

 

HarborOne Northeast Bancorp, Inc

234

13,408

 

Heartland Financial USA, Inc

641

25,661

 

Heritage Commerce Corp

289

22,188

 

Heritage Financial Corp

556

35,248

 

Hilltop Holdings, Inc

1,036

997

 

Hingham Institution for Savings

342

4,264

 

Home Bancorp, Inc

174

81,882

 

Home Bancshares, Inc

1,850

15,022

 

HomeStreet, Inc

712

13,541

 

HomeTrust Bancshares, Inc

400

64,875

 

Hope Bancorp, Inc

1,043

23,268

 

Horizon Bancorp

434

768,669

 

Huntington Bancshares, Inc

11,238

17,558

 

Independent Bank Corp

386

25,003

 

Independent Bank Corp

2,042

20,253

 

Independent Bank Group, Inc

1,441

29,344

 

International Bancshares Corp

1,239

129,084

 

Investors Bancorp, Inc

1,927

1,553,210

 

JPMorgan Chase & Co

211,734

39,857

 

Kearny Financial Corp

513

490,546

 

Keycorp

10,978

32,502

 

Lakeland Bancorp, Inc

543

13,317

 

Lakeland Financial Corp

972

14,926

 

Live Oak Bancshares, Inc

760

70,925

 

M&T Bank Corp

12,022

19,210

 

Macatawa Bank Corp

173

12,428

 

Mercantile Bank Corp

440

8,062

 

Merchants Bancorp

221

20,574

 

Meta Financial Group, Inc

1,130

10,190

 

Metrocity Bankshares, Inc

239

4,420

*

Metropolitan Bank Holding Corp

450

136,986

 

MGIC Investment Corp

1,856

10,800

 

Midland States Bancorp, Inc

312

7,821

 

MidWestOne Financial Group, Inc

259

21,883

*

Mr Cooper Group, Inc

999

5,369

 

MVB Financial Corp

223

19,324

 

National Bank Holdings Corp

778

23,025

 

NBT Bancorp, Inc

832

189,764

 

New York Community Bancorp, Inc

2,034

6,480

*

Nicolet Bankshares, Inc

606

38,864

*

NMI Holdings, Inc

801

33,024

 

Northfield Bancorp, Inc

474

5,019

 

Northrim BanCorp, Inc

219

31,953

 

Northwest Bancshares, Inc

432

30,487

 

OceanFirst Financial Corp

613

33,903

 

OFG Bancorp

903

133,138

 

Old National Bancorp

2,181

21,667

 

Old Second Bancorp, Inc

314

11,057

 

Origin Bancorp, Inc

468

5,318

 

Orrstown Financial Services, Inc

122

51,153

 

Pacific Premier Bancorp, Inc

1,808

212

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

55,834

 

PacWest Bancorp

$2,408

7,855

 

Park National Corp

1,032

13,465

 

PCSB Financial Corp

257

11,582

 

Peapack Gladstone Financial Corp

402

9,684

 

PennyMac Financial Services, Inc

515

17,527

 

Peoples Bancorp, Inc

549

5,712

 

Peoples Financial Services Corp

288

233,553

 

People's United Financial, Inc

4,669

41,191

 

Pinnacle Financial Partners, Inc

3,793

223,589

 

PNC Financial Services Group, Inc

41,241

38,321

 

Popular, Inc

3,132

8,859

 

Preferred Bank

656

20,188

 

Premier Financial Corp

612

8,140

 

Primis Financial Corp

114

41,648

 

Prosperity Bancshares, Inc

2,889

6,589

 

Provident Bancorp Inc

107

21,120

 

Provident Financial Services, Inc

494

8,729

 

QCR Holdings, Inc

494

73,149

 

Radian Group, Inc

1,625

9,265

 

RBB Bancorp

218

507,710

 

Regions Financial Corp

11,302

30,881

 

Renasant Corp

1,033

6,104

 

Republic Bancorp, Inc (Class A)

274

34,776

*

Republic First Bancorp, Inc

179

74,318

e

Rocket Cos, Inc

826

25,676

 

S&T Bancorp, Inc

759

22,606

 

Sandy Spring Bancorp, Inc

1,015

28,631

 

Seacoast Banking Corp of Florida

1,003

24,631

 

ServisFirst Bancshares, Inc

2,347

8,919

 

Sierra Bancorp

223

32,409

 

Signature Bank

9,512

12,494

*

Silvergate Capital Corp

1,881

55,218

 

Simmons First National Corp (Class A)

1,448

5,382

 

SmartFinancial, Inc

138

43,993

 

South State Corp

3,589

4,079

*

Southern First Bancshares, Inc

207

4,139

 

Southern Missouri Bancorp, Inc

207

20,042

 

Southside Bancshares, Inc

818

11,262

 

Stock Yards Bancorp, Inc

596

6,101

 

Summit Financial Group, Inc

156

30,063

*

SVB Financial Group

16,819

85,330

 

Synovus Financial Corp

4,181

27,678

*

Texas Capital Bancshares, Inc

1,586

34,383

 

TFS Financial Corp

571

35,393

*

The Bancorp, Inc

1,003

7,797

 

Tompkins Financial Corp

610

36,656

 

Towne Bank

1,097

19,212

 

Trico Bancshares

769

16,178

*

Tristate Capital Holdings, Inc

538

10,668

*

Triumph Bancorp, Inc

1,003

701,107

 

Truist Financial Corp

39,753

14,208

 

TrustCo Bank Corp NY

454

34,442

 

Trustmark Corp

1,047

23,900

 

UMB Financial Corp

2,322

117,477

 

Umpqua Holdings Corp

2,216

68,198

 

United Bankshares, Inc

2,379

48,352

 

United Community Banks, Inc

1,683

19,117

 

Univest Financial Corp

512

708,279

 

US Bancorp

37,645

23,393

e

UWM Holdings Corp

106

218,557

 

Valley National Bancorp

2,846

22,054

 

Veritex Holdings, Inc

842

12,277

 

Walker & Dunlop, Inc

1,589

25,531

 

Washington Federal, Inc

838

213

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

10,818

 

Washington Trust Bancorp, Inc

$568

19,189

 

Waterstone Financial, Inc

371

99,733

 

Webster Financial Corp

5,597

2,056,258

 

Wells Fargo & Co

99,646

21,097

 

WesBanco, Inc

725

11,970

 

West Bancorporation, Inc

326

14,217

 

Westamerica Bancorporation

860

50,142

 

Western Alliance Bancorp

4,153

31,127

 

Wintrust Financial Corp

2,893

37,346

 

WSFS Financial Corp

1,741

81,460

 

Zions Bancorporation

5,340

 

 

TOTAL BANKS

990,452

CAPITAL GOODS - 5.9%

 

 

 

301,308

 

3M Co

44,859

66,416

 

A.O. Smith Corp

4,243

21,498

 

Aaon, Inc

1,198

23,226

*

AAR Corp

1,125

16,749

 

Acuity Brands, Inc

3,171

31,531

 

Advanced Drainage Systems, Inc

3,746

76,752

 

Aecom Technology Corp

5,895

39,078

*

Aerojet Rocketdyne Holdings, Inc

1,538

12,268

*

Aerovironment, Inc

1,155

34,274

 

AGCO Corp

5,005

56,080

 

Air Lease Corp

2,504

5,427

 

Alamo Group, Inc

780

16,794

 

Albany International Corp (Class A)

1,416

49,318

 

Allegion plc

5,414

6,739

 

Allied Motion Technologies, Inc

201

39,511

 

Allison Transmission Holdings, Inc

1,551

35,359

 

Altra Industrial Motion Corp

1,377

13,776

*

Ameresco, Inc

1,095

15,290

*

American Superconductor Corp

116

10,171

*

American Woodmark Corp

498

118,210

 

Ametek, Inc

15,743

98,441

*

API Group Corp

2,070

13,802

 

Apogee Enterprises, Inc

655

21,181

 

Applied Industrial Technologies, Inc

2,174

26,444

 

Arcosa, Inc

1,514

10,471

 

Argan, Inc

425

26,334

 

Armstrong World Industries, Inc

2,370

69,116

*

Array Technologies, Inc

779

15,250

 

Astec Industries, Inc

656

15,755

*

Astronics Corp

204

23,836

*

Atkore International Group, Inc

2,346

35,579

*

Axon Enterprise, Inc

4,900

60,195

*

AZEK Co, Inc

1,495

13,571

 

AZZ, Inc

655

30,289

*

Babcock & Wilcox Enterprises, Inc

247

25,595

 

Barnes Group, Inc

1,029

30,067

*

Beacon Roofing Supply, Inc

1,782

19,926

*,e

Blink Charging Co

527

75,992

*,e

Bloom Energy Corp

1,835

3,946

*

Blue Bird Corp

74

4,896

*

BlueLinx Holdings, Inc

352

283,568

*

Boeing Co

54,303

21,496

 

Boise Cascade Co

1,493

95,274

*

Builders FirstSource, Inc

6,149

40,627

 

BWX Technologies, Inc

2,188

14,163

e

Caesarstone Sdot-Yam Ltd

149

25,553

 

Carlisle Cos, Inc

6,284

459,824

 

Carrier Global Corp

21,092

285,415

 

Caterpillar, Inc

63,596

120,169

*,e

ChargePoint Holdings, Inc

2,389

214

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

19,930

*

Chart Industries, Inc

$3,423

12,045

*

CIRCOR International, Inc

321

64,286

*

Colfax Corp

2,558

14,727

 

Columbus McKinnon Corp

624

19,457

 

Comfort Systems USA, Inc

1,732

11,212

*

Construction Partners Inc

294

18,969

*

Core & Main, Inc

459

29,151

*

Cornerstone Building Brands, Inc

709

27,810

 

Crane Co

3,011

7,468

 

CSW Industrials, Inc

878

73,920

 

Cummins, Inc

15,162

22,308

 

Curtiss-Wright Corp

3,350

30,728

*,e

Custom Truck One Source, Inc

258

147,683

 

Deere & Co

61,356

62,846

*,e

Desktop Metal, Inc

298

63,656

 

Donaldson Co, Inc

3,306

16,771

 

Douglas Dynamics, Inc

580

75,978

 

Dover Corp

11,921

8,048

*

Ducommun, Inc

422

11,117

*

DXP Enterprises, Inc

301

16,954

*

Dycom Industries, Inc

1,615

207,720

 

Eaton Corp

31,524

28,208

 

EMCOR Group, Inc

3,177

311,582

 

Emerson Electric Co

30,551

10,981

 

Encore Wire Corp

1,253

24,905

*

Energy Recovery, Inc

502

32,971

 

Enerpac Tool Group Corp

722

25,301

 

EnerSys

1,887

11,263

 

EnPro Industries, Inc

1,101

23,158

*,e

Eos Energy Enterprises, Inc

97

13,003

 

ESCO Technologies, Inc

909

2,576

*,e

EVI Industries, Inc

48

63,155

*

Evoqua Water Technologies Corp

2,967

297,190

 

Fastenal Co

17,653

32,884

 

Federal Signal Corp

1,110

71,435

 

Flowserve Corp

2,565

18,242

*

Fluence Energy, Inc

239

77,505

*

Fluor Corp

2,224

174,063

 

Fortive Corp

10,606

75,096

 

Fortune Brands Home & Security, Inc

5,578

25,145

 

Franklin Electric Co, Inc

2,088

176,294

*,e

FuelCell Energy, Inc

1,015

30,738

*

Gates Industrial Corp plc

463

19,270

 

GATX Corp

2,377

31,919

*

Generac Holdings, Inc

9,488

131,218

 

General Dynamics Corp

31,647

582,374

 

General Electric Co

53,287

17,907

*

Gibraltar Industries, Inc

769

9,938

 

Global Industrial Co

320

23,326

*

GMS, Inc

1,161

12,385

e

Gorman-Rupp Co

444

85,810

 

Graco, Inc

5,983

95,580

 

GrafTech International Ltd

919

24,972

 

Granite Construction, Inc

819

44,924

*

Great Lakes Dredge & Dock Corp

630

19,838

 

Greenbrier Cos, Inc

1,022

20,793

 

Griffon Corp

416

17,554

 

H&E Equipment Services, Inc

764

21,280

 

HEICO Corp

3,267

43,210

 

HEICO Corp (Class A)

5,480

16,194

 

Helios Technologies, Inc

1,300

13,619

 

Herc Holdings, Inc

2,276

48,986

 

Hexcel Corp

2,913

41,016

 

Hillenbrand, Inc

1,812

215

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

362,841

 

Honeywell International, Inc

$70,602

215,275

 

Howmet Aerospace, Inc

7,737

30,217

 

Hubbell, Inc

5,553

17,907

 

Huntington Ingalls

3,571

20,974

*

Hydrofarm Holdings Group, Inc

318

63,978

*,e

Hyliion Holdings Corp

283

7,224

 

Hyster-Yale Materials Handling, Inc

240

223,148

*,e

Ideanomics Inc

250

39,537

 

IDEX Corp

7,580

5,334

*

IES Holdings, Inc

214

165,005

 

Illinois Tool Works, Inc

34,552

210,036

 

Ingersoll Rand, Inc

10,575

13,472

 

Insteel Industries, Inc

498

46,862

 

ITT, Inc

3,524

45,832

*

JELD-WEN Holding, Inc

929

16,888

 

John Bean Technologies Corp

2,001

372,232

 

Johnson Controls International plc

24,407

5,348

 

Kadant, Inc

1,039

15,070

 

Kaman Corp

655

45,625

 

Kennametal, Inc

1,305

66,946

*

Kratos Defense & Security Solutions, Inc

1,371

102,623

 

L3Harris Technologies, Inc

25,499

4,456

*

Lawson Products, Inc

172

18,711

 

Lennox International, Inc

4,825

28,514

 

Lincoln Electric Holdings, Inc

3,930

5,950

 

Lindsay Corp

934

128,315

 

Lockheed Martin Corp

56,638

17,575

 

Luxfer Holdings plc

295

22,630

*

Manitowoc Co, Inc

341

126,078

 

Masco Corp

6,430

13,395

*

Masonite International Corp

1,191

31,664

*

Mastec, Inc

2,758

19,934

*

Matrix Service Co

164

38,365

 

Maxar Technologies, Inc

1,514

13,177

 

McGrath RentCorp

1,120

96,446

 

MDU Resources Group, Inc

2,570

30,340

*

Mercury Systems, Inc

1,955

34,734

*

Meritor, Inc

1,235

27,681

*

Middleby Corp

4,538

7,280

 

Miller Industries, Inc

205

15,909

 

Moog, Inc (Class A)

1,397

43,932

*

MRC Global, Inc

523

25,456

 

MSC Industrial Direct Co (Class A)

2,169

21,110

 

Mueller Industries, Inc

1,144

85,916

 

Mueller Water Products, Inc (Class A)

1,110

10,993

*

MYR Group, Inc

1,034

3,534

 

National Presto Industries, Inc

272

109,431

*,e

Nikola Corp

1,172

19,066

*

NN, Inc

55

30,222

 

Nordson Corp

6,863

78,907

 

Northrop Grumman Corp

35,289

6,891

*

Northwest Pipe Co

175

78,206

*

NOW, Inc

863

5,211

*

NV5 Global Inc

695

87,536

 

nVent Electric plc

3,044

2,354

e

Omega Flex, Inc

306

38,204

 

Oshkosh Corp

3,845

224,504

 

Otis Worldwide Corp

17,276

52,288

 

Owens Corning, Inc

4,784

176,848

 

PACCAR, Inc

15,575

14,228

 

Park Aerospace Corp

186

68,108

 

Parker-Hannifin Corp

19,326

6,136

 

Park-Ohio Holdings Corp

86

12,058

*

Parsons Corp

467

216

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

88,369

 

Pentair plc

$4,790

36,380

*

PGT Innovations, Inc

654

274,975

*,e

Plug Power, Inc

7,867

7,077

 

Powell Industries, Inc

137

1,801

 

Preformed Line Products Co

114

28,783

 

Primoris Services Corp

686

15,505

*

Proto Labs, Inc

820

25,291

 

Quanex Building Products Corp

531

75,730

 

Quanta Services, Inc

9,967

787,923

 

Raytheon Technologies Corp

78,060

13,498

*

RBC Bearings, Inc

2,617

36,333

 

Regal-Beloit Corp

5,406

82,950

*

Resideo Technologies, Inc

1,977

8,757

 

REV Group, Inc

117

61,336

 

Rockwell Automation, Inc

17,176

67,835

*,e

Romeo Power, Inc

101

55,116

 

Roper Technologies Inc

26,027

22,440

 

Rush Enterprises, Inc (Class A)

1,142

6,895

 

Rush Enterprises, Inc (Class B)

333

80,042

*

Sensata Technologies Holding plc

4,070

50,036

*

Shoals Technologies Group, Inc

853

18,886

 

Shyft Group, Inc

682

23,778

 

Simpson Manufacturing Co, Inc

2,593

24,415

*

SiteOne Landscape Supply, Inc

3,948

28,698

 

Snap-On, Inc

5,897

59,911

 

Spirit Aerosystems Holdings, Inc (Class A)

2,929

23,935

*

SPX Corp

1,183

17,159

 

SPX FLOW, Inc

1,479

8,333

 

Standex International Corp

833

86,148

 

Stanley Black & Decker, Inc

12,043

34,176

*,e

Stem, Inc

376

18,886

*

Sterling Construction Co, Inc

506

109,516

*

Sunrun, Inc

3,326

10,075

 

Tennant Co

794

35,787

 

Terex Corp

1,276

26,155

 

Textainer Group Holdings Ltd

996

117,431

 

Textron, Inc

8,735

24,419

*

Thermon Group Holdings

396

35,263

 

Timken Co

2,140

27,553

*

Titan International, Inc

406

11,613

*

Titan Machinery, Inc

328

54,608

 

Toro Co

4,668

19,490

*

TPI Composites, Inc

274

126,114

 

Trane Technologies plc

19,258

3,856

*

Transcat Inc

313

27,473

*

TransDigm Group, Inc

17,900

63,333

*

Trex Co, Inc

4,138

47,350

 

Trinity Industries, Inc

1,627

28,650

 

Triton International Ltd

2,011

32,779

*

Triumph Group, Inc

829

27,269

*

Tutor Perini Corp

295

31,994

 

UFP Industries, Inc

2,469

38,527

*

United Rentals, Inc

13,685

91,890

*

Univar Solutions Inc

2,953

10,628

 

Valmont Industries, Inc

2,536

7,860

*

Vectrus, Inc

282

7,828

*

Veritiv Corp

1,046

154,466

 

Vertiv Holdings Co

2,163

12,845

*

Vicor Corp

906

46,216

*,e

View, Inc

85

96,965

*,e

Virgin Galactic Holdings, Inc

958

23,537

 

W.W. Grainger, Inc

12,140

28,077

 

Wabash National Corp

417

17,942

 

Watsco, Inc

5,466

217

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

12,667

 

Watts Water Technologies, Inc (Class A)

$1,768

50,259

*

Welbilt, Inc

1,194

24,302

*

WESCO International, Inc

3,163

94,532

 

Westinghouse Air Brake Technologies Corp

9,091

3,392

*

Willis Lease Finance Corp

109

98,203

*

WillScot Mobile Mini Holdings Corp

3,843

30,482

 

Woodward Inc

3,808

95,020

 

Xylem, Inc

8,101

65,462

 

Zurn Water Solutions Corp

2,317

 

 

TOTAL CAPITAL GOODS

1,399,611

COMMERCIAL & PROFESSIONAL SERVICES - 1.1%

 

40,285

 

ABM Industries, Inc

1,855

37,820

*

Acacia Research (Acacia Technologies)

171

5,587

 

ACCO Brands Corp

45

86,801

 

ADT, Inc

659

27,574

*

ASGN Inc

3,218

5,145

 

Barrett Business Services, Inc

399

66,781

 

Booz Allen Hamilton Holding Co

5,866

22,496

 

Brady Corp (Class A)

1,041

16,522

*

BrightView Holdings, Inc

225

26,557

 

Brink's Co

1,806

12,641

*

CACI International, Inc (Class A)

3,808

26,846

*

Casella Waste Systems, Inc (Class A)

2,353

27,294

*

CBIZ, Inc

1,146

18,496

*

Ceco Environmental Corp

102

8,021

*

Cimpress plc

510

45,866

 

Cintas Corp

19,511

226,376

*

Clarivate Analytics plc

3,794

27,814

*

Clean Harbors, Inc

3,105

107,499

*

Copart, Inc

13,488

49,610

*

CoreCivic, Inc

554

209,279

*

CoStar Group, Inc

13,940

3,881

 

CRA International, Inc

327

22,984

 

Deluxe Corp

695

20,676

*

Driven Brands Holdings, Inc

543

87,944

*

Dun & Bradstreet Holdings, Inc

1,541

20,052

 

Ennis, Inc

370

62,334

 

Equifax, Inc

14,779

28,338

 

Exponent, Inc

3,062

15,944

*

First Advantage Corp

322

7,582

*

Forrester Research, Inc

428

7,620

*

Franklin Covey Co

345

18,215

*

FTI Consulting, Inc

2,864

42,598

*,e

Geo Group, Inc

282

42,732

*

Harsco Corp

523

40,910

 

Healthcare Services Group

760

14,300

 

Heidrick & Struggles International, Inc

566

8,893

*

Heritage-Crystal Clean, Inc

263

37,280

 

Herman Miller, Inc

1,288

23,758

 

HNI Corp

880

15,850

*

Huron Consulting Group, Inc

726

74,086

*

IAA, Inc

2,834

10,095

 

ICF International, Inc

950

19,828

e

Insperity, Inc

1,991

44,581

 

Interface, Inc

605

67,582

 

Jacobs Engineering Group, Inc

9,313

67,918

*

KAR Auction Services, Inc

1,226

77,169

 

KBR, Inc

4,223

20,372

 

Kelly Services, Inc (Class A)

442

11,207

 

Kforce, Inc

829

25,171

 

Kimball International, Inc (Class B)

213

29,134

 

Korn/Ferry International

1,892

58,983

*,e

Legalzoom.com, Inc

834

218

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

77,553

 

Leidos Holdings, Inc

$8,377

31,415

 

Manpower, Inc

2,950

14,965

 

Mantech International Corp (Class A)

1,290

16,885

 

Matthews International Corp (Class A)

546

13,300

*

Mistras Group, Inc

88

12,017

*

Montrose Environmental Group, Inc

636

19,573

 

MSA Safety, Inc

2,597

196,358

 

Nielsen NV

5,349

4,961

 

NL Industries, Inc

36

95,984

 

Pitney Bowes, Inc

499

111,211

 

Republic Services, Inc

14,735

20,546

 

Resources Connection, Inc

352

57,365

 

Robert Half International, Inc

6,550

127,813

 

Rollins, Inc

4,480

32,160

 

Science Applications International Corp

2,964

12,140

*

SP Plus Corp

381

61,807

 

Steelcase, Inc (Class A)

739

49,051

*

Stericycle, Inc

2,890

29,513

 

Tetra Tech, Inc

4,868

100,803

 

TransUnion

10,417

22,121

*

TriNet Group, Inc

2,176

19,072

*

TrueBlue, Inc

551

8,983

 

Unifirst Corp

1,655

63,645

*

Upwork, Inc

1,479

16,280

*

US Ecology, Inc

779

82,277

 

Verisk Analytics, Inc

17,659

15,178

*

Viad Corp

541

5,586

 

VSE Corp

257

220,351

 

Waste Management, Inc

34,926

5,398

*

Willdan Group, Inc

166

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

264,445

CONSUMER DURABLES & APPAREL - 1.2%

 

 

15,286

 

Acushnet Holdings Corp

615

9,880

*

American Outdoor Brands, Inc

130

35,953

*,e

AMMO, Inc

173

21,459

*

Beazer Homes USA, Inc

327

38,863

 

Brunswick Corp

3,144

63,158

*

Callaway Golf Co

1,479

73,053

*

Capri Holdings Ltd

3,754

23,650

 

Carter's, Inc

2,176

5,040

*

Cavco Industries, Inc

1,214

13,611

 

Century Communities, Inc

729

14,289

 

Clarus Corp

325

21,656

 

Columbia Sportswear Co

1,960

31,668

*

Crocs, Inc

2,419

14,122

*

Deckers Outdoor Corp

3,866

174,121

 

DR Horton, Inc

12,974

7,865

 

Escalade, Inc

104

18,783

 

Ethan Allen Interiors, Inc

490

31,215

*

Fossil Group, Inc

301

79,850

 

Garmin Ltd

9,471

154,338

*,e

Genius Brands International, Inc

157

24,084

*

G-III Apparel Group Ltd

651

74,136

*

GoPro, Inc

632

16,535

*

Green Brick Partners, Inc

327

6,360

e

Hamilton Beach Brands Holding Co

74

156,073

 

Hanesbrands, Inc

2,324

67,084

 

Hasbro, Inc

5,496

21,061

*,e

Hayward Holdings, Inc

350

13,347

*

Helen of Troy Ltd

2,614

7,913

 

Hooker Furniture Corp

150

2,792

*

Hovnanian Enterprises, Inc

165

13,822

 

Installed Building Products, Inc

1,168

219

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

15,263

*

iRobot Corp

$968

3,583

 

Johnson Outdoors, Inc

278

36,885

 

KB Home

1,194

30,075

 

Kontoor Brands, Inc

1,244

12,660

*

Latham Group, Inc

168

25,091

 

La-Z-Boy, Inc

662

73,033

 

Leggett & Platt, Inc

2,542

142,061

 

Lennar Corp (Class A)

11,531

2,824

 

Lennar Corp (Class B)

193

12,635

*

LGI Homes, Inc

1,234

7,210

 

Lifetime Brands, Inc

93

5,568

*,e

Lovesac Co

301

60,026

*

Lululemon Athletica, Inc

21,923

15,593

*

M/I Homes, Inc

692

13,092

*

Malibu Boats, Inc

759

8,407

 

Marine Products Corp

97

13,690

*

MasterCraft Boat Holdings, Inc

337

167,123

*

Mattel, Inc

3,712

23,210

 

MDC Holdings, Inc

878

17,632

*

Meritage Homes Corp

1,397

28,443

*

Mohawk Industries, Inc

3,533

11,320

 

Movado Group, Inc

442

17,631

*,e

Nautilus, Inc

73

207,669

 

Newell Brands Inc

4,446

654,014

 

Nike, Inc (Class B)

88,004

1,755

*

NVR, Inc

7,840

8,770

 

Oxford Industries, Inc

794

145,284

*

Peloton Interactive, Inc

3,838

5,912

*,e

PLBY Group, Inc

77

27,935

 

Polaris Inc

2,942

134,770

 

Pulte Homes, Inc

5,647

27,406

*,e

Purple Innovation, Inc

160

40,092

 

PVH Corp

3,071

25,991

 

Ralph Lauren Corp

2,948

3,738

 

Rocky Brands, Inc

155

72,360

*

Skechers U.S.A., Inc (Class A)

2,949

28,672

*

Skyline Champion Corp

1,574

29,016

 

Smith & Wesson Brands, Inc

439

67,337

*,e

Sonos, Inc

1,900

44,766

 

Steven Madden Ltd

1,730

9,374

 

Sturm Ruger & Co, Inc

653

5,163

 

Superior Uniform Group, Inc

92

139,958

 

Tapestry, Inc

5,199

52,524

*

Taylor Morrison Home Corp

1,430

87,531

 

Tempur Sealy International, Inc

2,444

61,714

 

Toll Brothers, Inc

2,902

18,124

*

TopBuild Corp

3,287

12,158

*,e

Traeger, Inc

90

47,835

*

TRI Pointe Homes, Inc

961

28,980

*

Tupperware Brands Corp

564

84,878

*

Under Armour, Inc (Class A)

1,445

110,542

*

Under Armour, Inc (Class C)

1,720

10,905

*

Unifi, Inc

197

10,485

*

Universal Electronics, Inc

328

16,444

*

Vera Bradley, Inc

126

177,722

 

VF Corp

10,105

29,556

*

Vista Outdoor, Inc

1,055

11,097

*

VOXX International Corp (Class A)

111

32,024

*,e

Vuzix Corp

211

31,427

 

Whirlpool Corp

5,430

48,726

 

Wolverine World Wide, Inc

1,099

46,993

*

YETI Holdings, Inc

2,819

 

 

TOTAL CONSUMER DURABLES & APPAREL

284,792

220

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

CONSUMER SERVICES - 2.1%

 

 

 

36,774

*

2U, Inc

$488

25,118

*

Accel Entertainment, Inc

306

29,568

*

Adtalem Global Education, Inc

878

12,233

*

American Public Education, Inc

260

125,887

 

ARAMARK Holdings Corp

4,733

17,816

*

Bally's Corp

548

769

*

Biglari Holdings, Inc (B Shares)

111

15,173

*

BJ's Restaurants, Inc

429

44,145

 

Bloomin' Brands, Inc

969

8,897

*

Bluegreen Vacations Holding Corp

263

21,618

*

Booking Holdings, Inc

50,769

43,510

 

Boyd Gaming Corp

2,862

33,375

*

Bright Horizons Family Solutions

4,428

25,489

*

Brinker International, Inc

973

109,557

*

Caesars Entertainment, Inc

8,475

468,051

*

Carnival Corp

9,464

11,838

 

Carriage Services, Inc

631

27,792

e

Carrols Restaurant Group, Inc

63

16,727

*

Century Casinos, Inc

200

23,639

*

Cheesecake Factory

941

76,982

*

Chegg, Inc

2,793

14,793

*

Chipotle Mexican Grill, Inc (Class A)

23,403

19,126

 

Choice Hotels International, Inc

2,711

20,586

 

Churchill Downs, Inc

4,566

12,474

*

Chuy's Holdings, Inc

337

31,100

*

Coursera, Inc

717

12,944

 

Cracker Barrel Old Country Store, Inc

1,537

67,808

 

Darden Restaurants, Inc

9,015

23,587

*

Dave & Buster's Entertainment, Inc

1,158

41,277

*

Denny's Corp

591

8,713

 

Dine Brands Global Inc.

679

18,765

 

Domino's Pizza, Inc

7,638

166,848

*,e

DraftKings, Inc

3,248

14,501

*

El Pollo Loco Holdings, Inc

168

45,885

*

Everi Holdings, Inc

964

75,700

*

Expedia Group, Inc

14,812

20,469

*

Fiesta Restaurant Group, Inc

153

45,952

*

frontdoor, Inc

1,372

13,690

*

GAN Ltd

66

7,389

*

Golden Entertainment, Inc

429

17,420

*

Golden Nugget Online Gaming, Inc

124

2,114

 

Graham Holdings Co

1,293

20,931

*

Grand Canyon Education, Inc

2,033

70,397

 

H&R Block, Inc

1,833

49,665

*

Hilton Grand Vacations, Inc

2,583

143,617

*

Hilton Worldwide Holdings, Inc

21,792

48,265

*

Houghton Mifflin Harcourt Co

1,014

24,452

*

Hyatt Hotels Corp

2,334

54,564

e

International Game Technology plc

1,347

12,544

 

Jack in the Box, Inc

1,172

44,656

e

Krispy Kreme, Inc

663

181,736

*

Las Vegas Sands Corp

7,064

62,559

 

Laureate Education, Inc

741

20,784

*

Life Time Group Holdings, Inc

302

10,890

*

Lindblad Expeditions Holdings, Inc

164

141,793

*

Marriott International, Inc (Class A)

24,920

22,871

 

Marriott Vacations Worldwide Corp

3,607

394,195

 

McDonald's Corp

97,477

212,155

 

MGM Resorts International

8,898

22,276

*

Mister Car Wash, Inc

329

7,140

*

Monarch Casino & Resort, Inc

623

2,378

 

Nathan's Famous, Inc

129

3,043

*

NEOGAMES S.A.

47

221

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,091

*

Noodles & Co

$48

204,209

*,e

Norwegian Cruise Line Holdings Ltd

4,468

29,338

*

OneSpaWorld Holdings Ltd

299

18,811

 

Papa John's International, Inc

1,980

85,767

*

Penn National Gaming, Inc

3,638

46,334

*

Perdoceo Education Corp

532

45,756

*

Planet Fitness, Inc

3,865

10,854

*

PlayAGS, Inc

72

12,559

*

Portillo's, Inc

308

23,203

*

PowerSchool Holdings, Inc

383

6,547

 

RCI Hospitality Holdings, Inc

402

9,211

*

Red Robin Gourmet Burgers, Inc

155

26,499

 

Red Rock Resorts, Inc

1,287

120,421

*

Royal Caribbean Cruises Ltd

10,089

28,549

*,e

Rush Street Interactive, Inc

208

21,790

 

Ruth's Hospitality Group Inc

499

52,481

*

Scientific

Games Corp (Class A)

3,083

22,953

*

SeaWorld Entertainment, Inc

1,709

77,028

 

Service Corp International

5,070

20,425

*

Shake Shack, Inc

1,387

42,367

*

Six Flags Entertainment Corp

1,843

608,263

 

Starbucks Corp

55,334

11,328

 

Strategic Education, Inc

752

26,055

*

Stride, Inc

 

947

6,470

*,e

Sweetgreen, Inc

207

21,327

*

Target Hospitality Corp

128

70,662

*

Terminix Global Holdings, Inc

3,224

40,109

 

Texas Roadhouse, Inc (Class A)

3,358

46,546

 

Travel & Leisure Co

2,697

21,929

 

Vail Resorts, Inc

5,707

41,530

*

Vivint Smart Home, Inc

281

97,887

 

Wendy's

 

2,151

16,288

 

Wingstop, Inc

1,911

26,120

*

WW International Inc

267

45,815

 

Wyndham Hotels & Resorts, Inc

3,880

58,587

*

Wynn Resorts Ltd

4,672

223,229

 

Yum China Holdings, Inc

9,273

152,388

 

Yum! Brands, Inc

18,063

 

 

TOTAL CONSUMER SERVICES

498,814

DIVERSIFIED FINANCIALS - 5.3%

 

 

 

 

22,801

 

Affiliated

Managers Group, Inc

3,214

247,438

 

AGNC Investment Corp

3,241

8,948

 

Alerus Financial Corp

247

184,533

 

Ally Financial, Inc

8,023

4,761

 

A-Mark Precious Metals, Inc

368

325,752

 

American Express Co

60,916

59,091

 

Ameriprise Financial, Inc

17,749

673,859

 

Annaly Capital Management, Inc

4,744

68,911

 

Apollo Commercial Real Estate Finance, Inc

960

197,996

 

Apollo Global Management, Inc

12,274

61,262

 

Arbor Realty Trust, Inc

1,045

22,112

 

Ares Commercial Real Estate Corp

343

70,488

 

Ares Management Corp

5,726

26,163

e

ARMOUR Residential REIT, Inc

220

32,135

 

Artisan Partners Asset Management, Inc

1,265

8,796

*

Assetmark Financial Holdings, Inc

196

4,316

 

Associated Capital Group, Inc

181

10,240

 

B. Riley Financial, Inc

716

21,466

 

Banco Latinoamericano de Exportaciones S.A. (Class E)

334

389,296

 

Bank of New York Mellon Corp

19,321

969,524

*

Berkshire Hathaway, Inc (Class B)

342,155

166,153

 

BGC Partners, Inc (Class A)

731

75,360

 

BlackRock, Inc

57,588

222

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

73,790

 

Blackstone Mortgage Trust, Inc

$2,346

370,559

 

Blackstone, Inc

47,039

30,473

*

Blucora, Inc

596

23,450

 

Brightsphere Investment Group, Inc

569

46,061

 

BrightSpire Capital, Inc

426

37,551

 

Broadmark Realty Capital, Inc

325

48,331

*

Cannae Holdings, Inc

1,156

217,227

 

Capital One Financial Corp

28,520

81,300

 

Carlyle Group, Inc

3,976

58,426

 

CBOE Global Markets, Inc

6,685

792,241

 

Charles Schwab Corp

66,794

79,272

 

Chimera Investment Corp

954

188,176

 

CME Group, Inc

44,760

15,440

 

Cohen & Steers, Inc

1,326

18,127

 

Cowen Group, Inc

491

4,330

*,e

Credit Acceptance Corp

2,383

7,834

 

Curo Group Holdings Corp

102

2,179

 

Diamond Hill Investment Group, Inc

408

154,941

 

Discover Financial Services

17,073

19,156

*

Donnelley Financial Solutions, Inc

637

11,107

e

Dynex Capital, Inc

180

17,423

 

Ellington Financial Inc

309

16,248

*

Encore Capital Group, Inc

1,019

23,911

*

Enova International, Inc

908

197,378

 

Equitable Holdings, Inc

6,101

21,958

 

Evercore Inc

2,444

38,445

*

Ezcorp, Inc (Class A)

232

19,752

 

Factset Research Systems, Inc

8,575

51,663

 

Federated Investors, Inc (Class B)

1,760

24,222

 

FirstCash Holdings, Inc

1,704

32,102

*

Focus Financial Partners, Inc

1,468

23,368

 

Franklin BSP Realty Trust, Inc

327

158,845

 

Franklin Resources, Inc

4,435

2,827

 

GAMCO Investors, Inc (Class A)

63

23,172

e

GCM Grosvenor, Inc

225

175,157

 

Goldman Sachs Group, Inc

57,819

31,227

 

Granite Point Mortgage Trust, Inc

347

9,250

 

Great Ajax Corp

109

33,057

*

Green Dot Corp

908

19,893

 

Greenhill & Co, Inc

308

18,233

 

Hamilton Lane, Inc

1,409

41,845

e

Hannon Armstrong Sustainable Infrastructure Capital, Inc

1,985

25,893

 

Houlihan Lokey, Inc

2,273

44,099

 

Interactive Brokers Group, Inc (Class A)

2,907

291,757

 

Intercontinental Exchange Group, Inc

38,547

183,237

 

Invesco Ltd

4,225

100,745

e

Invesco Mortgage Capital, Inc

230

84,445

 

Janus Henderson Group plc

2,957

110,637

 

Jefferies Financial Group, Inc

3,634

289,960

 

KKR & Co, Inc

16,954

17,625

 

KKR Real Estate Finance Trust, Inc

363

49,932

 

Ladder Capital Corp

593

55,948

 

Lazard Ltd (Class A)

1,930

42,896

*

LendingClub Corp

677

6,343

*

LendingTree, Inc

759

40,959

 

LPL Financial Holdings, Inc

7,482

20,525

 

MarketAxess Holdings, Inc

6,983

184,073

 

MFA Financial Inc

742

33,380

 

Moelis & Co

1,567

85,090

 

Moody's Corp

28,710

699,145

 

Morgan Stanley

61,105

12,847

 

Morningstar, Inc

3,509

42,383

 

MSCI, Inc (Class A)

21,314

59,335

 

Nasdaq Inc

10,574

223

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

72,107

 

Navient Corp

$1,229

3,424

 

Nelnet, Inc (Class A)

291

185,902

 

New Residential Investment Corp

2,041

73,139

 

New York Mortgage Trust, Inc

267

108,636

 

Northern Trust Corp

12,651

60,203

 

OneMain Holdings, Inc

2,854

56,898

*

Open Lending Corp

1,076

11,565

*

Oportun Financial Corp

166

7,363

 

Oppenheimer Holdings, Inc

321

23,694

e

Orchid Island Capital, Inc

77

47,765

 

PennyMac Mortgage Investment Trust

807

10,272

 

Piper Jaffray Cos

1,348

13,025

 

PJT Partners, Inc

822

24,781

*

PRA Group, Inc

1,117

36,804

*

PROG Holdings, Inc

1,059

9,591

 

Pzena Investment Management, Inc (Class A)

77

94,609

 

Raymond James Financial, Inc

10,398

22,908

 

Ready Capital Corp

345

49,700

 

Redwood Trust, Inc

523

8,577

 

Regional Management Corp

417

183,417

 

S&P Global, Inc

75,234

10,879

 

Sculptor Capital Management, Inc

152

58,985

 

SEI Investments Co

3,551

176,795

 

SLM Corp

3,246

137,605

 

Starwood Property Trust, Inc

3,326

190,999

 

State Street Corp

16,640

20,369

 

StepStone Group, Inc

673

56,036

 

Stifel Financial Corp

3,805

11,369

*

StoneX Group, Inc

844

283,783

 

Synchrony Financial

9,878

118,281

 

T Rowe Price Group, Inc

17,883

32,761

 

TPG RE Finance Trust, Inc

387

52,338

 

Tradeweb Markets, Inc

4,599

149,469

e

Two Harbors Investment Corp

827

24,235

*,e

Upstart Holdings, Inc

2,644

51,259

 

Virtu Financial, Inc

1,908

2,751

 

Virtus Investment Partners, Inc

660

56,679

 

Voya Financial, Inc

3,761

84,317

 

WisdomTree Investments, Inc

495

2,399

*

World Acceptance Corp

460

 

 

TOTAL DIVERSIFIED FINANCIALS

1,267,652

ENERGY - 3.9%

 

 

 

39,034

*,e

Alto Ingredients, Inc

266

183,627

 

Antero Midstream Corp

1,996

156,157

*

Antero Resources Corp

4,767

194,060

 

APA Corp

8,020

4,352

 

Arch Resources, Inc

598

6,877

 

Archrock, Inc

63

405,017

 

Baker Hughes Co

14,747

36,376

 

Berry Petroleum Co LLC

375

24,693

 

Bonanza Creek Energy, Inc

1,474

23,816

 

Brigham Minerals, Inc

608

4,788

*

Bristow Group, Inc

178

410,279

 

Cabot Oil & Gas Corp

11,065

29,784

 

Cactus, Inc

1,690

44,459

 

California Resources Corp

1,989

21,769

*,e

Callon Petroleum Co

1,286

98,820

*

Centennial Resource Development, Inc

797

5,171

*

Centrus Energy Corp

174

110,556

*

ChampionX Corp

2,706

124,264

 

Cheniere Energy, Inc

17,229

53,916

e

Chesapeake Energy Corp

4,691

1,023,439

 

Chevron Corp

166,647

224

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

75,896

*,e

Clean Energy Fuels Corp

$603

119,401

*

CNX Resources Corp

2,474

49,969

*

Comstock Resources Inc

652

696,308

 

ConocoPhillips

69,631

20,666

*

CONSOL Energy, Inc

778

32,957

e

Continental Resources, Inc

2,021

10,678

e

Crescent Energy, Inc

185

11,149

 

CVR Energy, Inc

285

27,497

*

Delek US Holdings, Inc

583

27,534

*

Denbury, Inc

2,163

359,547

 

Devon Energy Corp

21,260

55,111

 

DHT Holdings, Inc

320

95,540

 

Diamondback Energy, Inc

13,097

9,586

*

DMC Global, Inc

292

19,179

 

Dorian LPG Ltd

278

19,159

*

Dril-Quip, Inc

716

52,968

 

DT Midstream, Inc

2,874

7,121

*

Earthstone Energy, Inc

90

56,201

*

Energy Fuels, Inc

514

309,507

 

EOG Resources, Inc

36,903

153,612

 

EQT Corp

5,286

223,182

 

Equitrans Midstream Corp

1,884

2,241,341

d

Exxon Mobil Corp

185,112

24,885

 

Falcon Minerals Corp

168

6,110

*

Frank's International NV

109

70,150

*,e

Frontline Ltd

617

106,507

*,e

Gevo, Inc

498

69,477

*

Golar LNG Ltd

1,722

26,945

*

Green Plains Inc

836

486,964

 

Halliburton Co

18,441

100,808

*

Helix Energy Solutions Group, Inc

482

52,744

 

Helmerich & Payne, Inc

2,256

146,598

 

Hess Corp

15,692

82,202

*

HF Sinclair Corp

3,276

28,719

 

International Seaways, Inc

518

1,030,068

 

Kinder Morgan, Inc

19,479

234,852

*

Kosmos Energy Ltd

1,689

6,863

*

Laredo Petroleum, Inc

543

47,450

*

Liberty Oilfield Services, Inc

703

65,268

 

Magnolia Oil & Gas Corp

1,544

430,752

 

Marathon Oil Corp

10,816

330,202

 

Marathon Petroleum Corp

28,232

61,756

 

Matador Resources Co

3,272

86,947

 

Murphy Oil Corp

3,512

4,194

*

Nabors Industries Ltd

640

16,237

*

National Energy Services Reunited Corp

136

14,551

e

New Fortress Energy, Inc

620

63,344

*

Newpark Resources, Inc

232

76,759

*

NexTier Oilfield Solutions, Inc

709

68,002

 

Nordic American Tankers Ltd

145

26,098

 

Northern Oil and Gas, Inc

736

214,007

 

NOV, Inc

4,197

7,385

 

Oasis Petroleum, Inc

1,080

452,664

 

Occidental Petroleum Corp

25,684

54,360

*

Oceaneering International, Inc

824

38,178

*

Oil States International, Inc

265

235,907

 

ONEOK, Inc

16,662

143,049

 

Ovintiv, Inc

7,735

23,180

*

Par Pacific Holdings, Inc

302

101,807

 

Patterson-UTI Energy, Inc

1,576

52,566

*

PBF Energy, Inc

1,281

54,256

 

PDC Energy, Inc

3,943

37,795

*

Peabody Energy Corp

927

10,090

*

Penn Virginia Corp

348

225

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

246,452

 

 

Phillips 66

$21,291

113,087

 

 

Pioneer Natural Resources Co

28,275

48,018

 

*

ProPetro Holding Corp

669

107,893

 

*

Range Resources Corp

3,278

21,719

 

*

Renewable Energy Group, Inc

1,317

4,186

 

*

Rex American Resources Corp

417

4,815

 

e

Riley Exploration Permian, Inc

121

42,512

 

*

RPC, Inc

454

737,945

 

 

Schlumberger Ltd

30,484

26,610

 

 

Scorpio Tankers, Inc

569

6,869

 

*

Select Energy Services, Inc

59

45,041

 

 

SFL Corp Ltd

459

63,633

 

 

SM Energy Co

2,478

6,855

 

 

Solaris Oilfield Infrastructure, Inc

77

541,965

 

*

Southwestern Energy Co

3,886

13,911

 

*

Talos Energy, Inc

220

123,793

 

 

Targa Resources Investments, Inc

9,343

172,980

 

*,e

Tellurian, Inc

917

66,939

 

*

Tetra Technologies, Inc

275

3,232

 

 

Texas Pacific Land Corp

4,370

16,234

 

*

Tidewater, Inc

353

95,169

 

*,e

Uranium Energy Corp

437

40,076

 

*

US Silica Holdings, Inc

748

216,905

 

 

Valero Energy Corp

22,025

14,396

 

*

W&T Offshore, Inc

55

21,493

 

 

Whiting Petroleum Corp

1,752

648,822

 

 

Williams Cos, Inc

21,677

29,960

 

 

World Fuel Services Corp

810

 

 

 

TOTAL ENERGY

928,630

FOOD & STAPLES RETAILING - 1.4%

 

 

 

87,310

 

 

Albertsons Cos, Inc

2,903

19,849

 

 

Andersons, Inc

998

74,804

 

*

BJ's Wholesale Club Holdings, Inc

5,057

20,249

 

 

Casey's General Stores, Inc

4,013

14,374

 

*

Chefs' Warehouse Holdings, Inc

469

233,844

 

 

Costco Wholesale Corp

134,659

47,990

 

*

Grocery Outlet Holding Corp

1,573

21,180

 

*,e

HF Foods Group Inc

141

1,240

 

 

Ingles Markets, Inc (Class A)

110

386,567

 

 

Kroger Co

22,177

6,410

 

 

Natural Grocers by Vitamin C

126

81,687

 

*

Performance Food Group Co

4,159

14,866

 

 

Pricesmart, Inc

1,172

38,176

 

*,e

Rite Aid Corp

334

7,101

 

 

SpartanNash Co

234

64,788

 

*

Sprouts Farmers Market, Inc

2,072

268,221

 

 

SYSCO Corp

21,900

30,449

 

*

United Natural Foods, Inc

1,259

121,342

 

*

US Foods Holding Corp

4,566

4,843

 

 

Village Super Market (Class A)

119

373,232

 

 

Walgreens Boots Alliance, Inc

16,710

747,870

 

 

Walmart, Inc

111,373

8,974

 

 

Weis Markets, Inc

641

 

 

 

TOTAL FOOD & STAPLES RETAILING

336,765

FOOD, BEVERAGE & TOBACCO - 2.9%

 

 

 

82,392

 

*,e

22nd Century Group, Inc

191

964,498

 

 

Altria Group, Inc

50,395

26,157

 

*,e

AppHarvest, Inc

141

290,468

 

 

Archer-Daniels-Midland Co

26,218

34,958

 

e

B&G Foods, Inc (Class A)

943

31,483

 

*,e

Beyond Meat, Inc

1,521

5,121

 

*

Boston Beer Co, Inc (Class A)

1,989

226

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

25,010

 

Brown-Forman Corp (Class A)

$1,569

99,618

 

Brown-Forman Corp (Class B)

6,676

70,268

 

Bunge Ltd

7,786

11,455

 

Calavo Growers, Inc

417

22,629

 

Cal-Maine Foods, Inc

1,250

107,192

 

Campbell Soup Co

4,778

29,057

*

Celsius Holdings, Inc

1,603

2,052,927

 

Coca-Cola Co

127,281

2,566

 

Coca-Cola Consolidated Inc

1,275

238,268

 

ConAgra Brands, Inc

7,999

82,247

 

Constellation Brands, Inc (Class A)

18,943

81,644

*

Darling International, Inc

6,563

11,007

*

Duckhorn Portfolio, Inc

200

85,884

 

Flowers Foods, Inc

2,208

20,613

 

Fresh Del Monte Produce, Inc

534

23,047

*

Freshpet, Inc

2,366

320,492

 

General Mills, Inc

21,704

46,022

*

Hain Celestial Group, Inc

1,583

75,041

 

Hershey Co

16,256

143,109

 

Hormel Foods Corp

7,376

71,472

*

Hostess Brands, Inc

1,568

36,826

 

Ingredion, Inc

3,209

8,046

 

J&J Snack Foods Corp

1,248

54,783

 

J.M. Smucker Co

7,418

5,780

 

John B. Sanfilippo & Son, Inc

482

130,457

 

Kellogg Co

8,413

368,701

 

Keurig Dr Pepper, Inc

13,974

372,917

 

Kraft Heinz Co

14,689

80,196

 

Lamb Weston Holdings, Inc

4,805

10,268

 

Lancaster Colony Corp

1,531

19,323

*

Landec Corp

224

8,386

 

Limoneira Co

123

131,394

 

McCormick & Co, Inc

13,113

9,193

 

MGP Ingredients, Inc

787

20,226

*

Mission Produce, Inc

256

90,373

 

Molson Coors Brewing Co (Class B)

4,824

737,107

 

Mondelez International, Inc

46,276

195,472

*

Monster Beverage Corp

15,618

12,819

 

National Beverage Corp

558

730,742

 

PepsiCo, Inc

122,312

824,173

 

Philip Morris International, Inc

77,423

11,378

*

Pilgrim's Pride Corp

286

32,395

*

Post Holdings, Inc

2,244

92,946

 

Primo Water Corp

1,324

9,000

 

Sanderson Farms, Inc

1,687

9

 

Seaboard Corp

38

5,451

*

Seneca Foods Corp

281

46,457

*

Simply Good Foods Co

1,763

25,510

*,e

Tattooed Chef, Inc

321

12,354

e

Tootsie Roll Industries, Inc

432

29,630

*

TreeHouse Foods, Inc

956

4,760

 

Turning Point Brands, Inc

162

151,449

 

Tyson Foods, Inc (Class A)

13,574

4,499

 

Universal Corp

261

32,173

e

Utz Brands, Inc

475

78,380

 

Vector Group Ltd

944

13,394

*,e

Vital Farms, Inc

166

20,392

*

Whole Earth Brands, Inc

146

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

683,676

HEALTH CARE EQUIPMENT & SERVICES - 5.9%

 

63,623

*

1Life Healthcare, Inc

705

917,411

 

Abbott Laboratories

108,585

24,348

*

Abiomed, Inc

8,065

227

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

48,576

*

Acadia Healthcare Co, Inc

$3,183

18,841

*,e

Accelerate Diagnostics, Inc

27

27,471

*

Accolade, Inc

482

58,290

*

Accuray, Inc

193

5,674

*

Acutus Medical, Inc

8

42,027

*

AdaptHealth Corp

674

8,397

*

Addus HomeCare Corp

783

12,333

*

Agiliti, Inc

260

89,660

*

agilon health, Inc

2,273

41,729

*

Align Technology, Inc

18,194

14,356

*

Alignment Healthcare, Inc

161

51,829

*

Allscripts Healthcare Solutions, Inc

1,167

31,277

*

Alphatec Holdings Inc

360

17,538

*

Amedisys, Inc

3,022

106,234

*

American Well Corp

447

76,774

 

AmerisourceBergen Corp

11,878

25,726

*

AMN Healthcare Services, Inc

2,684

26,107

*

Angiodynamics, Inc

562

129,371

 

Anthem, Inc

63,550

16,786

*,e

Apollo Medical Holdings, Inc

814

127,698

*,e

Asensus Surgical, Inc

80

45,045

*,e

Aspira Women's Health, Inc

47

22,609

*

AtriCure, Inc

1,485

1,019

 

Atrion Corp

727

26,266

*

Avanos Medical, Inc

880

21,058

*

Aveanna Healthcare Holdings, Inc

72

18,090

*

AxoGen, Inc

144

22,714

*

Axonics Modulation Technologies, Inc

1,422

263,385

 

Baxter International, Inc

20,423

151,037

 

Becton Dickinson & Co

40,176

13,317

*

BioLife Solutions Inc

303

746,689

*

Boston Scientific Corp

33,071

100,981

*

Brookdale Senior Living, Inc

712

98,379

*,e

Butterfly Network, Inc

468

144,641

 

Cardinal Health, Inc

8,201

23,626

*

Cardiovascular Systems, Inc

534

11,625

*

Castle Biosciences, Inc

521

306,383

*

Centene Corp

25,794

155,282

 

Cerner Corp

14,528

44,636

*

Certara, Inc

959

71,510

*

Cerus Corp

393

111,702

*

Change Healthcare, Inc

2,435

8,564

 

Chemed Corp

4,338

170,356

 

Cigna Corp

40,819

67,798

*

Community Health Systems, Inc

805

8,700

*

Computer Programs & Systems, Inc

300

15,846

 

Conmed Corp

2,354

24,480

 

Cooper Cos, Inc

10,223

4,814

*

Corvel Corp

811

56,477

*

Covetrus, Inc

948

25,224

*

Cross Country Healthcare, Inc

547

23,064

*

CryoLife, Inc

493

22,130

*

CryoPort, Inc

773

10,004

*

Cutera, Inc

690

694,604

 

CVS Health Corp

70,301

19,235

*,e

CytoSorbents Corp

61

38,496

*

DaVita, Inc

4,354

10,656

*

Definitive Healthcare Corp

263

119,396

 

Dentsply Sirona, Inc

5,877

50,411

*

Dexcom, Inc

25,790

325,128

*

Edwards Lifesciences Corp

38,274

54,203

 

Encompass Health Corp

3,854

28,674

 

Ensign Group, Inc

2,581

79,184

*

Envista Holdings Corp

3,857

228

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

45,708

*,e

Evolent Health, Inc

$1,476

53,050

*,e

Figs, Inc

1,142

11,072

*,e

Fulgent Genetics, Inc

691

24,523

*

Glaukos Corp

1,418

42,442

*

Globus Medical, Inc

3,131

49,332

*

Guardant Health, Inc

3,268

27,531

*

Haemonetics Corp

1,740

23,398

*

Hanger Inc

429

129,512

 

HCA Healthcare, Inc

32,458

24,393

*

Health Catalyst, Inc

637

44,640

*

HealthEquity, Inc

3,010

18,780

*

HealthStream, Inc

374

70,773

*

Henry Schein, Inc

6,171

4,605

*

Heska Corp

637

129,076

*

Hologic, Inc

9,916

68,230

 

Humana, Inc

29,692

11,947

*

iCAD, Inc

53

10,885

*

ICU Medical, Inc

2,423

45,076

*

IDEXX Laboratories, Inc

24,659

18,547

*

Inari Medical, Inc

1,681

10,000

*,e

Innovage Holding Corp

64

12,244

*

Inogen, Inc

397

13,280

*

Inspire Medical Systems, Inc

3,409

34,390

*

Insulet Corp

9,161

17,928

*

Integer Holding Corp

1,444

39,699

*

Integra LifeSciences Holdings Corp

2,551

18,642

*

Intersect ENT, Inc

522

187,480

*

Intuitive Surgical, Inc

56,559

23,110

*

Invacare Corp

33

109,344

*

Invitae Corp

871

16,105

*

iRhythm Technologies, Inc

2,536

7,427

*

Joint Corp

263

49,658

*

Laboratory Corp of America Holdings

13,093

34,223

*

Lantheus Holdings, Inc

1,893

9,523

 

LeMaitre Vascular, Inc

443

17,004

*

LHC Group, Inc

2,867

25,006

*,e

LifeStance Health Group, Inc

253

26,810

*

LivaNova plc

2,194

27,485

*

Masimo Corp

4,000

79,927

 

McKesson Corp

24,468

43,753

*

MEDNAX, Inc

1,027

709,328

 

Medtronic plc

78,700

11,623

*

Meridian Bioscience, Inc

302

28,011

*

Merit Medical Systems, Inc

1,863

2,255

 

Mesa Laboratories, Inc

575

6,780

*

ModivCare, Inc

782

30,182

*

Molina Healthcare, Inc

10,068

122,337

*,e

Multiplan Corp

573

7,753

 

National Healthcare Corp

544

5,598

 

National Research Corp

222

24,197

*

Natus Medical, Inc

636

55,746

*

Neogen Corp

1,719

13,631

*,e

Neuronetics, Inc

41

19,942

*

Nevro Corp

1,442

37,773

*

NextGen Healthcare, Inc

790

56,233

*

Novocure Ltd

4,659

28,270

*

NuVasive, Inc

1,603

56,949

*,e

Oak Street Health, Inc

1,531

23,061

*

Omnicell, Inc

2,986

4,594

*,e

Ontrak, Inc

10

8,440

*

OptimizeRx Corp

318

80,646

*

Option Care Health, Inc

2,303

40,487

*

OraSure Technologies, Inc

274

49,394

*

Ortho Clinical Diagnostics Holdings plc

922

229

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

12,159

*

Orthofix Medical Inc

$398

5,177

*

OrthoPediatrics Corp

279

24,964

*

Outset Medical, Inc

1,133

31,294

 

Owens & Minor, Inc

1,378

46,765

 

Patterson Cos, Inc

1,514

39,207

*,e

PAVmed, Inc

52

17,723

*

Pennant Group, Inc

330

17,918

*

Penumbra, Inc

3,980

14,406

*,e

PetIQ, Inc

351

20,801

*

Phreesia, Inc

548

56,653

 

Premier, Inc

2,016

10,696

*

Privia Health Group, Inc

286

34,423

*

Progyny, Inc

1,769

13,858

*,e

Pulmonx Corp

344

1,569

*,e

Pulse Biosciences, Inc

8

65,473

 

Quest Diagnostics, Inc

8,961

20,943

*

Quidel Corp

2,355

36,034

*

Quotient Ltd

43

72,154

*

R1 RCM, Inc

1,931

25,914

*

RadNet, Inc

580

76,233

 

Resmed, Inc

18,487

24,729

*

Schrodinger, Inc

844

15,644

*

SeaSpine Holdings Corp

190

60,301

 

Select Medical Holdings Corp

1,447

226,696

*,e

Senseonics Holdings, Inc

447

18,412

*

Shockwave Medical Inc

3,818

17,531

*

SI-BONE, Inc

396

10,185

*,e

Sientra, Inc

23

34,185

*

Signify Health, Inc

620

18,916

*

Silk Road Medical Inc

781

7,680

 

Simulations Plus, Inc

392

26,141

*

Staar Surgical Co

2,089

27,076

*

Stereotaxis, Inc

101

44,088

 

STERIS plc

10,659

183,215

 

Stryker Corp

48,983

17,295

*

Surgery Partners, Inc

952

10,275

*

SurModics, Inc

466

12,258

*

Tabula Rasa HealthCare, Inc

71

10,460

*

Tactile Systems Technology, Inc

211

35,006

*

Tandem Diabetes Care, Inc

4,071

80,556

*,e

Teladoc, Inc

5,810

25,464

 

Teleflex, Inc

9,035

53,386

*

Tenet Healthcare Corp

4,589

11,489

*

Tivity Health, Inc

370

11,786

*

Transmedics Group, Inc

317

5,968

*

Treace Medical Concepts, Inc

113

498,116

 

UnitedHealth Group, Inc

254,024

37,611

 

Universal Health Services, Inc (Class B)

5,452

6,975

e

US Physical Therapy, Inc

694

2,349

 

Utah Medical Products, Inc

211

7,211

*,e

Vapotherm, Inc

100

27,229

*

Varex Imaging Corp

580

71,525

*

Veeva Systems, Inc

15,196

20,450

*,e

Viemed Healthcare, Inc

102

74,317

*

ViewRay, Inc

291

114,723

 

Zimmer Biomet Holdings, Inc

14,673

11,472

*

Zimvie, Inc

262

10,840

e

Zynex Inc

68

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

1,400,873

HOUSEHOLD & PERSONAL PRODUCTS - 1.4%

 

46,991

*

Beauty Health Co

793

66,090

*

BellRing Brands, Inc

1,525

7,431

*

Central Garden & Pet Co

327

230

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

22,079

*

Central Garden and Pet Co (Class A)

$900

125,208

 

Church & Dwight Co, Inc

12,443

65,460

 

Clorox Co

9,101

436,600

 

Colgate-Palmolive Co

33,107

159,439

*

Coty, Inc

1,433

29,639

 

Edgewell Personal Care Co

1,087

24,917

*

elf Beauty, Inc

644

37,105

 

Energizer Holdings, Inc

1,141

120,598

 

Estee Lauder Cos (Class A)

32,841

58,982

*

Herbalife Nutrition Ltd

1,791

13,542

*,e

Honest Co, Inc

71

12,258

 

Inter Parfums, Inc

1,079

177,781

 

Kimberly-Clark Corp

21,896

6,191

 

Medifast, Inc

1,057

5,868

*

Nature's Sunshine Products, Inc

99

46,743

*

NewAge, Inc

27

27,121

 

Nu Skin Enterprises, Inc (Class A)

1,299

3,981

 

Oil-Dri Corp of America

114

43,357

*

Olaplex Holdings, Inc

678

1,274,831

 

Procter & Gamble Co

194,794

8,319

*

Revlon, Inc (Class A)

67

12,941

 

Reynolds Consumer Products, Inc

380

21,541

 

Spectrum Brands Holdings, Inc

1,911

8,349

*

USANA Health Sciences, Inc

663

30,185

*

Veru, Inc

146

7,178

 

WD-40 Co

1,315

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

322,729

INSURANCE - 2.2%

 

 

 

344,156

 

Aflac, Inc

22,160

6,777

*

Alleghany Corp

5,740

152,869

 

Allstate Corp

21,174

32,424

*

AMBAC Financial Group, Inc

337

46,586

 

American Equity Investment Life Holding Co

1,859

37,245

 

American Financial Group, Inc

5,424

446,140

 

American International Group, Inc

28,004

256

 

American National Group, Inc

48

13,468

 

Amerisafe, Inc

669

114,193

 

Aon plc

37,185

192,749

*

Arch Capital Group Ltd

9,333

17,301

 

Argo Group International Holdings Ltd

714

108,126

 

Arthur J. Gallagher & Co

18,879

29,869

 

Assurant, Inc

5,431

36,683

 

Assured Guaranty Ltd

2,335

32,921

 

Axis Capital Holdings Ltd

1,991

28,604

*,e

Bright Health Group, Inc

55

38,430

*

Brighthouse Financial, Inc

1,985

122,529

 

Brown & Brown, Inc

8,855

25,189

*

BRP Group, Inc

676

226,567

 

Chubb Ltd

48,463

79,605

 

Cincinnati Financial Corp

10,823

32,879

*,e

Citizens, Inc (Class A)

139

3,923

 

CNA Financial Corp

191

66,761

 

Conseco, Inc

1,675

7,812

 

Donegal Group, Inc (Class A)

105

15,165

*

eHealth, Inc

188

15,546

 

Employers Holdings, Inc

638

7,506

*

Enstar Group Ltd

1,960

13,782

 

Erie Indemnity Co (Class A)

2,427

20,303

 

Everest Re Group Ltd

6,119

143,159

 

Fidelity National Financial Inc

6,992

52,851

 

First American Financial Corp

3,426

184,221

*

Genworth Financial, Inc (Class A)

696

55,726

 

Globe Life, Inc

5,606

231

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

24,045

*,e

GoHealth, Inc

$28

9,663

 

Goosehead Insurance, Inc

759

20,683

*

Greenlight Capital Re Ltd (Class A)

146

19,607

 

Hanover Insurance Group, Inc

2,932

173,140

 

Hartford Financial Services Group, Inc

12,433

3,092

 

HCI Group, Inc

211

18,411

 

Heritage Insurance Holdings, Inc

131

22,775

 

Horace Mann Educators Corp

953

1,119

 

Investors Title Co

227

19,526

 

James River Group Holdings Ltd

483

33,482

 

Kemper Corp

1,893

10,502

 

Kinsale Capital Group, Inc

2,395

20,988

*,e

Lemonade, Inc

553

95,447

 

Lincoln National Corp

6,238

112,892

 

Loews Corp

7,318

6,948

*

Markel Corp

10,250

268,002

 

Marsh & McLennan Cos, Inc

45,673

26,174

*

MBIA, Inc

403

12,675

 

Mercury General Corp

697

373,241

 

Metlife, Inc

26,231

1,551

 

National Western Life Group, Inc

326

7,308

*

NI Holdings, Inc

124

151,820

 

Old Republic International Corp

3,928

13,408

*

Palomar Holdings, Inc

858

21,522

 

Primerica, Inc

2,945

141,558

 

Principal Financial Group

10,392

37,307

 

ProAssurance Corp

1,003

308,709

 

Progressive Corp

35,190

202,763

 

Prudential Financial, Inc

23,961

37,637

 

Reinsurance Group of America, Inc (Class A)

4,120

25,282

 

RenaissanceRe Holdings Ltd

4,007

23,570

 

RLI Corp

2,608

7,901

 

Safety Insurance Group, Inc

718

32,431

 

Selective Insurance Group, Inc

2,898

73,128

*

Selectquote, Inc

204

8,398

*

SiriusPoint Ltd

63

15,315

 

Stewart Information Services Corp

928

22,143

 

Tiptree Inc

285

128,434

 

Travelers Cos, Inc

23,469

20,838

*

Trupanion, Inc

1,857

16,104

 

United Fire Group Inc

500

12,682

 

United Insurance Holdings Corp

42

22,402

 

Universal Insurance Holdings, Inc

302

99,041

 

Unum Group

3,121

106,889

 

W.R. Berkley Corp

7,118

1,751

 

White Mountains Insurance Group Ltd

1,990

64,232

 

Willis Towers Watson plc

15,173

 

 

TOTAL INSURANCE

530,386

MATERIALS - 2.6%

 

 

 

14,906

 

AdvanSix, Inc

762

116,991

 

Air Products & Chemicals, Inc

29,237

61,564

 

Albemarle Corp

13,615

99,055

 

Alcoa Corp

8,918

78,013

*

Allegheny Technologies, Inc

2,094

814,849

 

Amcor plc

9,232

20,501

 

American Vanguard Corp

417

91,243

*,e

Amyris, Inc

398

36,073

 

Aptargroup, Inc

4,239

57,334

*

Arconic Corp

1,469

13,288

Ardagh Group S.A.

270

74,922

*

Ardagh Metal Packaging S.A.

609

30,177

 

Ashland Global Holdings, Inc

2,970

11,564

*

Aspen Aerogels, Inc

399

232

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

42,820

 

Avery Dennison Corp

$7,449

49,682

 

Avient Corp

2,385

113,646

*

Axalta Coating Systems Ltd

2,793

19,086

 

Balchem Corp

2,609

164,015

 

Ball Corp

14,761

72,467

*

Berry Global Group, Inc

4,200

31,457

 

Cabot Corp

2,152

25,997

 

Carpenter Technology Corp

1,091

55,597

 

Celanese Corp (Series A)

7,943

12,437

*

Century Aluminum Co

327

110,041

 

CF Industries Holdings, Inc

11,341

5,158

 

Chase Corp

448

90,404

 

Chemours Co

2,846

11,678

*

Clearwater Paper Corp

327

223,772

*

Cleveland-Cliffs, Inc

7,208

119,550

*

Coeur Mining, Inc

532

53,154

 

Commercial Metals Co

2,212

20,319

 

Compass Minerals International, Inc

1,276

66,991

*

Constellium SE

1,206

383,349

 

Corteva, Inc

22,035

67,521

 

Crown Holdings, Inc

8,446

170,798

*,e

Danimer Scientific, Inc

1,001

28,159

*

Diversey Holdings Ltd

213

394,492

 

Dow, Inc

25,137

277,740

 

DuPont de Nemours, Inc

20,436

22,586

 

Eagle Materials, Inc

2,899

73,320

 

Eastman Chemical Co

8,216

133,116

 

Ecolab, Inc

23,503

127,079

 

Element Solutions, Inc

2,783

21,673

*

Ferro Corp

471

47,286

*,†

Ferroglobe plc

0

67,073

 

FMC Corp

8,825

765,907

 

Freeport-McMoRan, Inc (Class B)

38,096

17,819

 

FutureFuel Corp

173

18,881

*

Gatos Silver, Inc

82

23,656

*

GCP Applied Technologies, Inc

743

32,454

 

Glatfelter Corp

402

145,764

 

Graphic Packaging Holding Co

2,921

14,075

 

Greif, Inc (Class A)

916

3,993

 

Greif, Inc (Class B)

255

28,458

 

H.B. Fuller Co

1,880

15,846

 

Hawkins, Inc

727

9,402

 

Haynes International, Inc

401

290,099

 

Hecla Mining Co

1,906

104,824

 

Huntsman Corp

3,932

21,966

*

Ingevity Corp

1,407

11,273

 

Innospec, Inc

1,043

133,564

 

International Flavors & Fragrances, Inc

17,541

207,582

 

International Paper Co

9,580

6,735

*

Intrepid Potash, Inc

553

8,625

 

Kaiser Aluminum Corp

812

15,231

 

Koppers Holdings, Inc

419

14,288

 

Kronos Worldwide, Inc

222

80,227

*

Livent Corp

2,092

40,741

 

Louisiana-Pacific Corp

2,531

140,098

 

LyondellBasell Industries NV

14,405

33,027

 

Martin Marietta Materials, Inc

12,712

11,119

 

Materion Corp

953

12,674

 

Minerals Technologies, Inc

838

186,754

 

Mosaic Co

12,419

39,809

*,e

MP Materials Corp

2,283

18,118

 

Myers Industries, Inc

391

10,909

 

Neenah Inc

433

3,677

 

NewMarket Corp

1,193

233

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

424,392

 

Newmont Goldcorp Corp

$33,718

149,512

*

Novagold Resources Inc

1,156

143,887

 

Nucor Corp

21,389

90,414

*

O-I Glass, Inc

1,192

75,066

 

Olin Corp

3,924

6,559

 

Olympic Steel, Inc

252

38,461

 

Orion Engineered Carbons SA

614

47,841

 

Packaging Corp of America

7,468

22,477

 

Pactiv Evergreen, Inc

226

123,672

 

PPG Industries, Inc

16,210

20,162

 

PQ Group Holdings, Inc

233

17,967

*,e

PureCycle Technologies, Inc

144

7,360

 

Quaker Chemical Corp

1,272

16,208

*

Ranpak Holdings Corp

331

31,957

*

Rayonier Advanced Materials, Inc

210

29,353

 

Reliance Steel & Aluminum Co

5,382

36,601

 

Royal Gold, Inc

5,171

68,580

 

RPM International, Inc

5,585

8,418

 

Ryerson Holding Corp

295

14,147

 

Schnitzer Steel Industries, Inc (Class A)

735

20,766

 

Schweitzer-Mauduit International, Inc

571

22,512

 

Scotts Miracle-Gro Co (Class A)

2,768

76,393

 

Sealed Air Corp

5,115

23,291

 

Sensient Technologies Corp

1,955

126,656

 

Sherwin-Williams Co

31,616

33,361

 

Silgan Holdings, Inc

1,542

55,117

 

Sonoco Products Co

3,448

46,247

 

Southern Copper Corp

3,510

104,286

 

Steel Dynamics, Inc

8,701

11,764

 

Stepan Co

1,162

64,023

*

Summit Materials, Inc

1,989

48,451

 

SunCoke Energy, Inc

432

18,871

*

Sylvamo Corp

628

29,755

*

TimkenSteel Corp

651

19,671

 

Tredegar Corp

236

23,586

 

Trimas Corp

757

23,427

 

Trinseo plc

1,123

62,538

 

Tronox Holdings plc

1,238

4,630

*

UFP Technologies, Inc

306

1,357

 

United States Lime & Minerals, Inc

158

123,966

 

United States Steel Corp

4,679

99,474

 

Valvoline, Inc

3,139

70,046

 

Vulcan Materials Co

12,867

28,082

 

Warrior Met Coal, Inc

1,042

18,212

 

Westlake Chemical Corp

2,247

143,029

 

WestRock Co

6,727

18,895

 

Worthington Industries, Inc

971

 

 

TOTAL MATERIALS

611,046

MEDIA & ENTERTAINMENT - 7.4%

 

 

 

415,538

 

Activision Blizzard, Inc

33,289

41,683

*

Advantage Solutions, Inc

266

158,913

*

Alphabet, Inc (Class A)

441,993

146,289

*

Alphabet, Inc (Class C)

408,584

112,426

*

Altice USA, Inc

1,403

278,123

*,e

AMC Entertainment Holdings, Inc

6,853

16,067

*

AMC Networks, Inc

653

7,354

*

Boston Omaha Corp

187

3,042

 

Cable One, Inc

4,454

17,446

*

Cardlytics, Inc

959

51,402

*

Cargurus, Inc

2,183

37,344

*

Cars.com, Inc

539

63,650

*

Charter Communications, Inc

34,722

6,276

*,e

Chicken Soup For The Soul Entertainment, Inc

50

234

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

58,982

*

Cinemark Holdings, Inc

$1,019

198,206

*

Clear Channel

686

2,379,492

 

Comcast Corp (Class A)

111,408

31,610

*

comScore, Inc

92

772

*

Daily Journal Corp

241

89,117

*,e

Discovery, Inc (Class A)

2,221

173,268

*

Discovery, Inc (Class C)

4,326

136,485

*

DISH Network Corp (Class A)

4,320

149,844

 

Electronic Arts, Inc

18,957

11,002

*

Emerald Holding, Inc

37

88,350

*

Entercom Communications Corp

255

50,932

 

Entravision Communications Corp (Class A)

326

40,961

*

Eventbrite Inc

605

8,345

*

EverQuote Inc

135

31,270

*

EW Scripps Co (Class A)

650

10,504

*

Fluent, Inc

22

164,799

 

Fox Corp (Class A)

6,501

87,909

 

Fox Corp (Class B)

3,189

71,756

*,e

fuboTV, Inc

471

74,491

*

Gannett Co, Inc

336

46,930

 

Gray Television, Inc

1,036

11,523

*

Hemisphere Media Group, Inc

53

42,355

*

IAC

4,247

61,117

*

iHeartMedia, Inc

1,157

27,196

*

Imax Corp

515

16,911

*

Integral Ad Science Holding Corp

233

201,354

 

Interpublic Group of Cos, Inc

7,138

23,547

 

John Wiley & Sons, Inc (Class A)

1,249

7,655

*,e

Liberty Braves Group (Class A)

220

25,374

*

Liberty Braves Group (Class C)

708

12,929

*

Liberty Broadband Corp (Class A)

1,694

74,361

*

Liberty Broadband Corp (Class C)

10,063

6,884

*

Liberty Media Group (Class A)

435

100,858

*

Liberty Media Group (Class C)

7,044

34,936

 

Liberty SiriusXM Group (Class A)

1,597

80,096

*

Liberty SiriusXM Group (Class C)

3,663

53,282

*

Liberty TripAdvisor Holdings, Inc

109

37,150

*

Lions Gate Entertainment Corp (Class A)

604

71,817

*

Lions Gate Entertainment Corp (Class B)

1,079

69,739

*

Live Nation, Inc

8,204

10,931

*

Loyalty Ventures, Inc

181

10,365

*

Madison Square Garden Co

1,859

13,156

*

Madison Square Garden Entertainment Corp

1,096

61,168

*

Magnite, Inc

808

14,211

*,e

Marcus Corp

252

148,269

*

Match Group, Inc

16,123

11,302

*

MediaAlpha, Inc

187

1,219,629

*

Meta Platforms, Inc

271,197

46,358

 

National CineMedia, Inc

118

227,586

*

Netflix, Inc

85,251

89,935

 

New York Times Co (Class A)

4,123

213,357

 

News Corp (Class A)

4,726

66,535

 

News Corp (Class B)

1,498

22,603

 

Nexstar Media Group Inc

4,260

110,557

 

Omnicom Group, Inc

9,384

300,393

*

Pinterest, Inc

7,393

42,908

*

Playtika Holding Corp

829

20,643

*

QuinStreet, Inc

239

63,324

*

Roku, Inc

7,933

19,984

 

Scholastic Corp

805

25,063

 

Sinclair Broadcast Group, Inc (Class A)

702

412,799

e

Sirius XM Holdings, Inc

2,733

161,762

*,e

Skillz, Inc

485

72,151

*

Spotify Technology S.A.

10,896

235

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

33,238

*

Stagwell, Inc

$241

59,646

*

Take-Two Interactive Software, Inc

9,170

12,153

*

TechTarget, Inc

988

119,764

 

TEGNA, Inc

2,683

56,597

*

TripAdvisor, Inc

1,535

44,667

*

TrueCar, Inc

176

407,241

*

Twitter, Inc

15,756

4,594

e

ViacomCBS, Inc (Class A)

186

305,131

 

ViacomCBS, Inc (Class B)

11,537

68,763

*

Vimeo, Inc

817

959,617

*

Walt Disney Co

131,621

28,599

*

WideOpenWest, Inc

499

27,047

e

World Wrestling Entertainment, Inc (Class A)

1,689

41,665

*

Yelp, Inc

1,421

23,417

*

Ziff Davis Inc

2,266

549,506

*

Zynga, Inc

5,077

 

 

TOTAL MEDIA & ENTERTAINMENT

1,761,720

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.6%

 

45,940

*

10X Genomics, Inc

3,495

11,229

*

2seventy bio, Inc

192

11,292

*

4D Molecular Therapeutics, Inc

171

934,462

 

AbbVie, Inc

151,486

29,156

*

Absci Corp

246

70,913

*

Acadia Pharmaceuticals, Inc

1,718

23,691

*,e

Aclaris Therapeutics, Inc

408

11,379

*,e

Adagio Therapeutics, Inc

52

59,774

*

Adaptive Biotechnologies Corp

830

36,900

*,e

Adverum Biotechnologies, Inc

48

25,056

*

Aeglea BioTherapeutics, Inc

58

21,807

*

Aerie Pharmaceuticals, Inc

198

43,765

*

Affimed NV

191

107,560

*

Agenus, Inc

265

158,837

 

Agilent Technologies, Inc

21,019

34,493

*

Agios Pharmaceuticals, Inc

1,004

14,029

*,e

Akero Therapeutics, Inc

199

8,375

*,e

Akouos, Inc

40

6,175

*

Albireo Pharma, Inc

184

26,477

*

Aldeyra Therapeutics, Inc

118

31,429

*

Alector, Inc

448

10,235

*

Aligos Therapeutics, Inc

22

87,531

*

Alkermes plc

2,303

19,068

*

Allakos, Inc

109

28,864

*

Allogene Therapeutics, Inc

263

10,335

*

Allovir, Inc

70

64,441

*

Alnylam Pharmaceuticals, Inc

10,523

17,738

*

Altimmune, Inc

108

9,675

*

ALX Oncology Holdings, Inc

164

295,139

 

Amgen, Inc

71,371

151,298

*

Amicus Therapeutics, Inc

1,433

53,162

*

Amneal Pharmaceuticals, Inc

222

25,774

*

Amphastar Pharmaceuticals, Inc

925

12,566

*

AnaptysBio, Inc

311

30,524

*,e

Anavex Life Sciences Corp

376

5,767

*

ANI Pharmaceuticals, Inc

162

10,943

*

Anika Therapeutics, Inc

275

8,875

*

Annexon, Inc

24

104,354

*

Antares Pharma, Inc

428

34,684

*

Apellis Pharmaceuticals, Inc

1,762

13,418

*

Applied Molecular Transport, Inc

101

2,776

*,e

Applied Therapeutics, Inc

6

361,754

*

AquaBounty Technologies, Inc

677

7,756

*,e

Arcturus Therapeutics Holdings, Inc

209

20,717

*

Arcus Biosciences, Inc

654

236

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

15,151

*

Arcutis Biotherapeutics, Inc

$292

22,973

*,e

Ardelyx, Inc

25

55,310

*

Arrowhead Pharmaceuticals Inc

2,544

23,815

*

Arvinas, Inc

1,603

34,194

*

Atara Biotherapeutics, Inc

318

35,244

*,e

Atea Pharmaceuticals, Inc

254

28,525

*,e

Athenex, Inc

24

52,762

*,e

Athersys, Inc

32

7,303

*,e

Athira Pharma, Inc

99

92,322

*,e

Atossa Therapeutics, Inc

115

12,676

*,e

Atreca, Inc

40

318,550

*

Avantor, Inc

10,773

33,858

*

Avid Bioservices, Inc

690

9,645

*

Avidity Biosciences, Inc

178

13,026

*,e

Avita Medical, Inc

110

13,157

*

Avrobio, Inc

17

15,727

*,e

Axsome Therapeutics, Inc

651

25,636

*

Beam Therapeutics, Inc

1,469

26,163

*

Berkeley Lights, Inc

186

12,065

*,e

Beyondspring Inc

27

6,481

*

BioAtla, Inc

32

97,016

*,e

BioCryst Pharmaceuticals, Inc

1,578

78,069

*

Biogen, Inc

16,441

28,080

*

Biohaven Pharmaceutical Holding Co Ltd

3,329

93,702

*

BioMarin Pharmaceutical, Inc

7,224

153,496

*,e

Bionano Genomics, Inc

396

11,654

*

Bio-Rad Laboratories, Inc (Class A)

6,564

21,267

 

Bio-Techne Corp

9,209

6,302

*,e

Bioxcel Therapeutics Inc

132

7,321

*

Black Diamond Therapeutics, Inc

20

33,689

*

Bluebird Bio, Inc

163

31,927

*

Blueprint Medicines Corp

2,040

7,102

*,e

Bolt Biotherapeutics, Inc

19

58,721

*,e

Bridgebio Pharma, Inc

596

1,153,096

 

Bristol-Myers Squibb Co

84,211

25,182

*,e

Brooklyn ImmunoTherapeutics, Inc

52

56,206

 

Bruker BioSciences Corp

3,614

18,793

*

C4 Therapeutics, Inc

456

19,366

*

Cara Therapeutics, Inc

235

129,048

*,e

Cardiff Oncology, Inc

320

27,306

*

CareDx, Inc

1,010

10,333

*,e

Caribou Biosciences, Inc

95

20,876

*,e

Cassava Sciences, Inc

775

90,837

*

Catalent, Inc

10,074

50,782

*

Catalyst Pharmaceuticals, Inc

421

21,395

*

Celldex Therapeutics, Inc

729

20,222

*,e

CEL-SCI Corp

79

19,234

*

Cerevel Therapeutics Holdings, Inc

673

27,377

*

Charles River Laboratories International, Inc

7,774

26,464

*

ChemoCentryx, Inc

663

30,594

*

Chimerix, Inc

140

7,917

*

Chinook Therapeutics, Inc

130

23,081

*,e

ChromaDex Corp

57

61,931

*,e

Citius Pharmaceuticals, Inc

111

67,474

*,e

Clovis Oncology, Inc

136

23,538

*

Codexis, Inc

485

27,864

*

Coherus Biosciences, Inc

360

16,286

*

Collegium Pharmaceutical, Inc

332

52,750

*

Corcept Therapeutics, Inc

1,188

10,884

*,e

Cortexyme Inc

67

16,128

*

Crinetics Pharmaceuticals, Inc

354

11,975

*

Cue Biopharma, Inc

58

7,345

*,e

Cullinan Oncology, Inc

77

29,183

*,e

CureVac NV

572

237

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

47,252

*

Curis, Inc

$112

39,943

*

Cymabay Therapeutics, Inc

124

51,177

*,e

Cytek Biosciences, Inc

552

42,716

*,e

Cytokinetics, Inc

1,572

21,311

*

CytomX Therapeutics, Inc

57

335,290

 

Danaher Corp

98,351

22,263

*

Deciphera Pharmaceuticals, Inc

206

49,642

*

Denali Therapeutics, Inc

1,597

12,956

*,e

DermTech, Inc

190

14,200

*

Design Therapeutics, Inc

229

117,742

*

Durect Corp

79

58,823

*,e

Dynavax Technologies Corp

638

16,387

*,e

Dyne Therapeutics, Inc

158

6,368

*

Eagle Pharmaceuticals, Inc

315

20,664

*,e

Edgewise Therapeutics, Inc

200

35,681

*

Editas Medicine, Inc

679

14,062

*

Eiger BioPharmaceuticals, Inc

117

242,401

*

Elanco Animal Health, Inc

6,324

447,943

 

Eli Lilly & Co

128,277

24,015

*

Emergent Biosolutions, Inc

986

11,786

*

Enanta Pharmaceuticals, Inc

839

56,660

*

Epizyme, Inc

65

33,527

*,e

Erasca, Inc

288

144,000

*,e

Esperion Thereapeutics, Inc

668

16,577

*,e

Evelo Biosciences, Inc

56

17,590

*,e

Evolus, Inc

197

93,800

*

Exact Sciences Corp

6,559

170,031

*

Exelixis, Inc

3,855

52,399

*,e

EyePoint Pharmaceuticals, Inc

637

42,216

*

Fate Therapeutics, Inc

1,637

50,667

*

FibroGen, Inc

609

20,851

*,e

Fluidigm Corp

75

50,720

*

Foghorn Therapeutics, Inc

772

17,542

*

Forma Therapeutics Holdings, Inc

163

6,156

*

Forte Biosciences, Inc

9

16,778

*,e

Frequency Therapeutics, Inc

36

14,355

*,e

Fulcrum Therapeutics, Inc

340

20,311

*,e

G1 Therapeutics, Inc

154

23,909

*,e

Generation Bio Co

176

114,325

*,e

Geron Corp

156

666,002

 

Gilead Sciences, Inc

39,594

36,433

*

Global Blood Therapeutics, Inc

1,262

12,922

*

Gossamer Bio, Inc

112

22,037

*

Gritstone Oncology, Inc

91

13,013

*,e

GT Biopharma, Inc

38

79,065

*

Halozyme Therapeutics, Inc

3,153

12,195

*

Harmony Biosciences Holdings, Inc

593

52,161

*

Heron Therapeutics, Inc

298

11,341

*

Homology Medicines, Inc

34

114,482

*

Horizon Therapeutics Plc

12,045

28,958

*

Humanigen, Inc

87

132,891

*,e

iBio, Inc

57

7,208

*,e

Icosavax, Inc

51

15,316

*

Ideaya Biosciences, Inc

171

2,211

*

IGM Biosciences, Inc

59

77,688

*

Illumina, Inc

27,144

36,493

*,e

ImmunityBio, Inc

205

106,612

*

Immunogen, Inc

507

11,380

*,e

Immunovant, Inc

63

94,070

*

Incyte Corp

7,471

303,016

*,e

Infinity Pharmaceuticals, Inc

345

15,231

*

Inhibrx, Inc

339

34,523

*

Innoviva, Inc

668

7,067

*,e

Inotiv, Inc

185

238

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

112,816

*,e

Inovio Pharmaceuticals, Inc

$405

60,247

*

Insmed, Inc

1,416

28,852

*,e

Instil Bio, Inc

310

34,856

*

Intellia Therapeutics, Inc

2,533

12,921

*,e

Intercept Pharmaceuticals, Inc

210

38,562

*

Intra-Cellular Therapies, Inc

2,360

79,163

*

Ionis Pharmaceuticals, Inc

2,932

74,052

*

Iovance Biotherapeutics, Inc

1,233

100,695

*

IQVIA Holdings, Inc

23,282

95,014

*

Ironwood Pharmaceuticals, Inc

1,195

11,046

*

iTeos Therapeutics, Inc

355

56,231

*

IVERIC bio, Inc

946

32,370

*

Jazz Pharmaceuticals plc

5,039

1,394,999

 

Johnson & Johnson

247,236

4,482

*

Jounce Therapeutics, Inc

30

5,857

*,e

Kala Pharmaceuticals, Inc

8

10,666

*

KalVista Pharmaceuticals Inc

157

12,114

*

Karuna Therapeutics, Inc

1,536

46,110

*,e

Karyopharm Therapeutics, Inc

340

15,593

*,e

KemPharm, Inc

78

8,516

*

Keros Therapeutics, Inc

463

18,676

*

Kezar Life Sciences, Inc

310

11,321

*

Kiniksa Pharmaceuticals Ltd

113

7,565

*,e

Kinnate Biopharma, Inc

85

18,276

*

Kodiak Sciences, Inc

141

21,178

*

Kronos Bio, Inc

153

9,785

*

Krystal Biotech Inc

651

31,598

*

Kura Oncology, Inc

508

15,771

*

Kymera Therapeutics, Inc

667

30,110

*

Lexicon Pharmaceuticals, Inc

63

8,586

*

Ligand Pharmaceuticals, Inc (Class B)

966

77,816

*,e

Lyell Immunopharma, Inc

393

32,187

*

MacroGenics, Inc

284

6,193

*

Madrigal Pharmaceuticals, Inc

608

94,899

*,e

MannKind Corp

349

54,984

*

Maravai LifeSciences Holdings, Inc

1,939

20,153

*,e

Marinus Pharmaceuticals, Inc

188

51,230

*,e

MaxCyte, Inc

358

15,823

*

Medpace Holdings, Inc

2,589

61,495

*

MEI Pharma, Inc

37

10,086

*

MeiraGTx Holdings plc

140

1,337,225

 

Merck & Co, Inc

109,719

27,294

*

Mersana Therapeutics, Inc

109

11,952

*

Mettler-Toledo International, Inc

16,412

60,615

*,e

MiMedx Group, Inc

286

175,751

*,e

Mind Medicine MindMed, Inc

195

21,876

*

Mirati Therapeutics, Inc

1,799

178,928

*

Moderna, Inc

30,822

33,966

*

Molecular Templates, Inc

117

8,159

*

Morphic Holding, Inc

328

46,607

*

Myriad Genetics, Inc

1,175

22,499

*

NanoString Technologies, Inc

782

42,988

*

Natera, Inc

1,749

106,507

*

Nektar Therapeutics

574

58,635

*

NeoGenomics, Inc

712

17,673

*

Neoleukin Therapeutics, Inc

33

51,383

*

Neurocrine Biosciences, Inc

4,817

15,360

*

NGM Biopharmaceuticals Inc

234

9,374

*,e

Nkarta, Inc

107

40,572

*,e

Novavax, Inc

2,988

17,085

*

Nurix Therapeutics, Inc

239

35,946

*,e

Nuvation Bio, Inc

189

100,765

*,e

Ocugen, Inc

333

41,830

*

Ocular Therapeutix, Inc

207

239

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

153,552

*

Olema Pharmaceuticals, Inc

$654

29,642

*,e

Omeros Corp

178

38,675

*,e

Oncocyte Corp

58

238,337

*,e

Opko Health, Inc

820

14,566

*

Oramed Pharmaceuticals, Inc

126

13,691

*

Organogenesis Holdings Inc

104

127,492

 

Organon & Co

4,453

16,096

*

ORIC Pharmaceuticals, Inc

86

333,993

*,e

Outlook Therapeutics, Inc

595

54,447

*,e

Oyster Point Pharma, Inc

634

100,456

*

Pacific Biosciences of California, Inc

914

23,821

*

Pacira BioSciences Inc

1,818

17,330

*,e

Paratek Pharmaceuticals, Inc

51

8,093

*

Passage Bio, Inc

25

67,725

 

PerkinElmer, Inc

11,815

73,370

 

Perrigo Co plc

2,820

19,507

*

Personalis, Inc

160

2,952,007

 

Pfizer, Inc

152,825

6,396

*,e

Phathom Pharmaceuticals, Inc

87

12,927

 

Phibro Animal Health Corp

258

13,444

*,e

Pliant Therapeutics, Inc

94

14,315

*,e

PMV Pharmaceuticals, Inc

298

48,133

*

Praxis Precision Medicines, Inc

491

39,456

*

Precigen, Inc

83

22,592

*

Precision BioSciences Inc

70

5,217

*,e

Prelude Therapeutics, Inc

36

27,333

*

Prestige Consumer Healthcare, Inc.

1,447

51,583

*,†

Progenics Pharmaceuticals, Inc

0

15,994

*

Prometheus Biosciences, Inc

604

22,557

*

Protagonist Therapeutics, Inc

534

18,603

*

Prothena Corp plc

680

25,243

*,e

Provention Bio, Inc

185

37,990

*

PTC Therapeutics, Inc

1,417

20,506

*

Puma Biotechnology, Inc

59

125,141

*

QIAGEN NV

6,132

16,838

*

Quanterix Corp

492

27,010

*

Radius Health, Inc

239

6,533

*

RAPT Therapeutics, Inc

144

14,987

*,e

Reata Pharmaceuticals, Inc

491

61,485

*,e

Recursion Pharmaceuticals, Inc

440

54,022

*

Regeneron Pharmaceuticals, Inc

37,730

19,715

*

REGENXBIO, Inc

654

31,945

*

Relay Therapeutics, Inc

956

8,368

*

Relmada Therapeutics, Inc

226

30,248

*

Repligen Corp

5,689

10,254

*

Replimune Group, Inc

174

33,815

*

Revance Therapeutics, Inc

659

32,407

*,e

REVOLUTION Medicines, Inc

827

24,038

*

Rhythm Pharmaceuticals, Inc

277

86,450

*

Rigel Pharmaceuticals, Inc

259

20,281

*

Rocket Pharmaceuticals, Inc

322

180,548

 

Royalty Pharma plc

7,034

22,395

*,e

Rubius Therapeutics, Inc

123

28,225

*

Sage Therapeutics, Inc

934

46,510

*,e

Sana Biotechnology, Inc

384

52,234

*

Sangamo Therapeutics Inc

304

41,917

*

Sarepta Therapeutics, Inc

3,275

13,353

*,e

Scholar Rock Holding Corp

172

72,859

*

Seagen, Inc

10,495

22,417

*,e

Seer, Inc

342

48,754

*

Selecta Biosciences, Inc

60

37,976

*

Seres Therapeutics, Inc

270

93,280

*,e

Sesen Bio, Inc

56

14,514

*

Shattuck Labs, Inc

62

240

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

35,191

*

SIGA Technologies, Inc

$250

7,098

*

Silverback Therapeutics, Inc

25

6,168

*

Solid Biosciences, Inc

7

127,563

*,e

Sorrento Therapeutics, Inc

297

43,033

*

Sotera Health Co

932

56,104

*,e

Spectrum Pharmaceuticals, Inc

72

15,930

*

SpringWorks Therapeutics, Inc

899

10,464

*

Stoke Therapeutics, Inc

220

26,807

*

Supernus Pharmaceuticals, Inc

866

15,843

*

Sutro Biopharma, Inc

130

24,529

*

Syndax Pharmaceuticals, Inc

426

55,220

*

Syneos Health, Inc

4,470

9,466

*

Syros Pharmaceuticals, Inc

11

12,149

*,e

Taysha Gene Therapies, Inc

79

9,709

*,e

TCR2 Therapeutics Inc

27

69,942

*

TG Therapeutics, Inc

665

114,084

*,e

TherapeuticsMD, Inc

43

29,259

*

Theravance Biopharma, Inc

280

207,814

 

Thermo Fisher Scientific, Inc

122,745

180,181

*,e

Tonix Pharmaceuticals Holding Corp

42

25,726

*

Travere Therapeutics, Inc

663

25,134

*

Turning Point Therapeutics Inc

675

26,284

*

Twist Bioscience Corp

1,298

33,751

*

Ultragenyx Pharmaceutical, Inc

2,451

22,243

*

United Therapeutics Corp

3,991

12,098

*,e

UroGen Pharma Ltd

105

31,395

*

Vanda Pharmaceuticals, Inc

355

65,175

*,e

Vaxart Inc

329

21,774

*

Vaxcyte, Inc

526

102,172

*,e

VBI Vaccines, Inc

170

29,297

*

Vera Therapeutics, Inc

688

36,815

*

Veracyte, Inc

1,015

97,480

*

Verastem, Inc

137

24,994

*

Vericel Corp

955

134,613

*

Vertex Pharmaceuticals, Inc

35,130

8,512

*,e

Verve Therapeutics, Inc

194

629,110

 

Viatris, Inc

6,845

29,514

*

Viking Therapeutics, Inc

89

32,800

*

Vir Biotechnology, Inc

844

19,787

*

Viracta Therapeutics, Inc

94

104,364

*

VistaGen Therapeutics, Inc

129

6,387

*,e

Vor BioPharma, Inc

39

32,065

*

Waters Corp

9,953

39,150

*

WaVe Life Sciences Ltd

78

39,169

 

West Pharmaceutical Services, Inc

16,087

11,934

e

XBiotech, Inc

103

27,098

*

Xencor, Inc

723

19,065

*

Y-mAbs Therapeutics, Inc

227

18,143

*

Zentalis Pharmaceuticals, Inc

837

710,503

*,e

ZIOPHARM Oncology, Inc

464

249,326

 

Zoetis, Inc

47,020

33,098

*,e

Zogenix, Inc

23

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

1,814,888

REAL ESTATE - 3.5%

 

 

 

46,252

 

Acadia Realty Trust

1,002

36,654

 

Agree Realty Corp

2,432

47,563

 

Alexander & Baldwin, Inc

1,103

1,329

 

Alexander's, Inc

341

87,957

 

Alexandria Real Estate Equities, Inc

17,701

28,646

 

American Assets Trust, Inc

1,085

75,200

 

American Campus Communities, Inc

4,209

991

 

American Finance Trust, Inc

8

152,675

 

American Homes 4 Rent

6,112

241

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

237,663

 

American Tower Corp

$59,706

133,721

 

Americold Realty Trust

3,728

85,829

 

Apartment Income REIT Corp

4,588

79,626

*

Apartment Investment and Management Co

583

113,878

 

Apple Hospitality REIT, Inc

2,046

31,681

 

Armada Hoffler Properties, Inc

463

5,980

*,e

Ashford Hospitality Trust, Inc

61

72,533

 

AvalonBay Communities, Inc

18,015

86,787

 

Boston Properties, Inc

11,178

92,621

 

Brandywine Realty Trust

1,310

162,598

 

Brixmor Property Group, Inc

4,197

77,650

 

Broadstone Net Lease, Inc

1,691

52,715

 

Camden Property Trust

8,761

50,740

 

CareTrust REIT, Inc

979

29,192

 

CatchMark Timber Trust, Inc

239

173,280

 

CBRE Group, Inc

15,859

9,060

 

Centerspace

889

28,285

*

Chatham Lodging Trust

390

21,833

 

City Office REIT, Inc

386

10,462

 

Clipper Realty, Inc

95

9,586

 

Community Healthcare Trust, Inc

405

61,652

 

Corporate Office Properties Trust

1,760

84,914

 

Cousins Properties, Inc

3,421

227,820

 

Crown Castle International Corp

42,056

3,998

e

CTO Realty Growth, Inc

265

110,271

 

CubeSmart

5,737

66,192

*

Cushman & Wakefield plc

1,358

114,160

*

DiamondRock Hospitality Co

1,153

149,930

 

Digital Realty Trust, Inc

21,260

279,022

*

DigitalBridge Group, Inc

2,009

136,618

 

Diversified Healthcare Trust

437

39,190

 

Douglas Elliman, Inc

286

91,371

 

Douglas Emmett, Inc

3,054

196,555

 

Duke Realty Corp

11,412

45,431

 

Easterly Government Properties, Inc

960

21,698

 

EastGroup Properties, Inc

4,411

82,308

 

Empire State Realty Trust, Inc

808

40,647

 

EPR Properties

2,224

47,048

 

Equinix, Inc

34,892

62,602

*

Equity Commonwealth

1,766

96,734

 

Equity Lifestyle Properties, Inc

7,398

196,834

 

Equity Residential

17,699

63,885

 

Essential Properties Realty Trust, Inc

1,616

34,070

 

Essex Property Trust, Inc

11,771

28,436

e

eXp World Holdings Inc

602

69,414

 

Extra Space Storage, Inc

14,272

19,962

 

Farmland Partners, Inc

275

39,750

 

Federal Realty Investment Trust

4,852

67,202

 

First Industrial Realty Trust, Inc

4,160

425

*

Forestar Group, Inc

8

44,705

 

Four Corners Property Trust, Inc

1,209

72,511

 

Franklin Street Properties Corp

428

4,942

*

FRP Holdings, Inc

286

109,186

 

Gaming and Leisure Properties, Inc

5,124

18,198

 

Getty Realty Corp

521

17,811

 

Gladstone Commercial Corp

392

11,325

e

Gladstone Land Corp

412

30,930

 

Global Medical REIT, Inc

505

44,961

 

Global Net Lease, Inc

707

82,789

 

Healthcare Realty Trust, Inc

2,275

119,524

 

Healthcare Trust of America, Inc

3,746

279,927

 

Healthpeak Properties Inc

9,610

27,708

*

Hersha Hospitality Trust

252

59,455

 

Highwoods Properties, Inc

2,719

242

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

366,232

 

Host Hotels and Resorts, Inc

$7,116

22,285

*

Howard Hughes Corp

2,309

80,595

 

Hudson Pacific Properties

2,237

115,925

 

Independence Realty Trust, Inc

3,065

34,891

 

Industrial Logistics Properties Trust

791

12,344

 

Innovative Industrial Properties, Inc

2,535

307,088

 

Invitation Homes, Inc

12,339

146,394

 

Iron Mountain, Inc

8,112

38,621

e

iStar Inc

904

64,898

 

JBG SMITH Properties

1,896

26,164

*

Jones Lang LaSalle, Inc

6,265

44,610

 

Kennedy-Wilson Holdings, Inc

1,088

63,758

 

Kilroy Realty Corp

4,872

300,353

 

Kimco Realty Corp

7,419

118,460

 

Kite Realty Group Trust

2,697

47,334

 

Lamar Advertising Co

5,499

144,484

 

Lexington Realty Trust

2,268

42,193

 

Life Storage, Inc

5,925

21,247

 

LTC Properties, Inc

817

107,859

 

Macerich Co

1,687

47,939

*

Mack-Cali Realty Corp

834

11,498

 

Marcus & Millichap, Inc

606

283,531

 

Medical Properties Trust, Inc

5,994

61,102

 

Mid-America Apartment Communities, Inc

12,798

23,875

 

National Health Investors, Inc

1,409

99,376

 

National Retail Properties, Inc

4,466

38,309

 

National Storage Affiliates Trust

2,404

21,654

 

NETSTREIT Corp

486

81,428

 

Newmark Group, Inc

1,296

12,730

 

NexPoint Residential Trust, Inc

1,150

23,677

 

Office Properties Income Trust

609

129,929

 

Omega Healthcare Investors, Inc

4,049

9,166

 

One Liberty Properties, Inc

282

228,590

*,e

Opendoor Technologies, Inc

1,977

29,999

 

Orion Office REIT, Inc

420

76,197

 

Outfront Media, Inc

2,166

101,864

 

Paramount Group, Inc

1,111

132,332

 

Park Hotels & Resorts, Inc

2,584

71,223

 

Pebblebrook Hotel Trust

1,744

59,852

e

Phillips Edison & Co, Inc

2,058

107,460

 

Physicians Realty Trust

1,885

71,716

 

Piedmont Office Realty Trust, Inc

1,235

13,733

 

Plymouth Industrial REIT, Inc

372

34,013

 

PotlatchDeltic Corp

1,794

21,687

 

Preferred Apartment Communities, Inc

541

388,408

 

Prologis, Inc

62,720

10,961

 

PS Business Parks, Inc

1,842

78,711

 

Public Storage, Inc

30,719

75,814

 

Rayonier, Inc

3,117

13,117

 

Re/Max Holdings, Inc

364

62,854

*

Realogy Holdings Corp

986

296,411

 

Realty Income Corp

20,541

57,095

*,e

Redfin Corp

1,030

92,769

 

Regency Centers Corp

6,618

63,462

 

Retail Opportunities Investment Corp

1,231

11,764

 

Retail Value, Inc

36

84,858

 

Rexford Industrial Realty, Inc

6,330

92,471

 

RLJ Lodging Trust

1,302

5,123

 

RMR Group, Inc

159

57,913

 

RPT Realty

797

29,351

*

Ryman Hospitality Properties

2,723

116,469

 

Sabra Healthcare REIT, Inc

1,734

7,521

 

Safehold, Inc

417

6,451

 

Saul Centers, Inc

340

243

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

57,350

 

SBA Communications Corp

$19,734

18,501

*,e

Seritage Growth Properties

234

93,168

 

Service Properties Trust

823

172,442

 

Simon Property Group, Inc

22,686

103,764

 

SITE Centers Corp

1,734

38,202

e

SL Green Realty Corp

3,101

62,949

 

Spirit Realty Capital, Inc

2,897

18,561

 

St. Joe Co

1,100

84,224

 

STAG Industrial, Inc

3,483

134,185

 

STORE Capital Corp

3,922

73,018

*

Summit Hotel Properties, Inc

727

60,721

 

Sun Communities, Inc

10,644

117,301

*

Sunstone Hotel Investors, Inc

1,382

54,135

 

Tanger Factory Outlet Centers, Inc

931

12,164

*

Tejon Ranch Co

222

35,329

 

Terreno Realty Corp

2,616

162,250

 

UDR, Inc

9,308

20,169

 

UMH Properties, Inc

496

81,711

 

Uniti Group, Inc

1,124

9,264

 

Universal Health Realty Income Trust

541

70,770

 

Urban Edge Properties

1,352

20,808

 

Urstadt Biddle Properties, Inc (Class A)

391

214,672

 

Ventas, Inc

13,258

337,627

 

VICI Properties, Inc

9,609

96,380

 

Vornado Realty Trust

4,368

46,196

 

Washington REIT

1,178

229,555

 

Welltower, Inc

22,069

397,195

 

Weyerhaeuser Co

15,054

25,132

 

Whitestone REIT

333

95,264

 

WP Carey, Inc

7,701

62,184

*

Xenia Hotels & Resorts, Inc

1,200

32,630

*

Zillow Group, Inc (Class A)

1,574

90,080

*

Zillow Group, Inc (Class C)

4,440

 

 

TOTAL REAL ESTATE

847,019

RETAILING - 5.9%

 

 

 

18,290

*

1-800-FLOWERS.COM, Inc (Class A)

233

18,402

 

Aaron's Co, Inc

370

23,424

*

Abercrombie & Fitch Co (Class A)

749

36,738

 

Academy Sports & Outdoors, Inc

1,447

33,209

 

Advance Auto Parts, Inc

6,873

229,517

*

Amazon.com, Inc

748,214

85,497

e

American Eagle Outfitters, Inc

1,436

3,312

*

America's Car-Mart, Inc

267

65,041

 

Arko Corp

592

10,565

*

Asbury Automotive Group, Inc

1,693

24,494

*

Autonation, Inc

2,439

10,963

*

AutoZone, Inc

22,415

20,976

*

Barnes & Noble Education, Inc

75

132,327

 

Bath & Body Works, Inc

6,325

27,869

*,e

Bed Bath & Beyond, Inc

628

131,568

 

Best Buy Co, Inc

11,960

11,361

e

Big 5 Sporting Goods Corp

195

20,052

 

Big Lots, Inc

694

15,681

*

Boot Barn Holdings, Inc

1,486

14,004

 

Buckle, Inc

463

36,184

*

Burlington Stores, Inc

6,592

20,111

 

Caleres, Inc

389

22,123

e

Camping World Holdings, Inc

618

85,911

*

CarMax, Inc

8,289

19,398

*

CarParts.com, Inc

130

42,371

*

Carvana Co

5,054

12,003

 

Cato Corp (Class A)

176

66,517

*

Chico's FAS, Inc

319

244

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,673

*

Children's Place, Inc

$378

6,121

*

Citi Trends, Inc

187

13,169

*,e

Conn's, Inc

203

11,400

*

Container Store Group, Inc

93

32,814

*

Designer Brands, Inc

443

28,635

e

Dick's Sporting Goods, Inc

2,864

3,340

e

Dillard's, Inc (Class A)

896

123,132

 

Dollar General Corp

27,413

118,105

*

Dollar Tree, Inc

18,915

78,210

*

DoorDash, Inc

9,165

7,236

*

Duluth Holdings, Inc

88

325,605

 

eBay, Inc

18,644

66,094

*

Etsy, Inc

8,214

30,809

*

Five Below, Inc

4,879

55,907

*

Floor & Decor Holdings, Inc

4,528

33,391

 

Foot Locker, Inc

990

11,421

 

Franchise Group, Inc

473

10,965

*

Funko, Inc

189

30,769

*,e

GameStop Corp (Class A)

5,126

81,317

 

Gap, Inc

1,145

7,998

*

Genesco, Inc

509

70,631

 

Genuine Parts Co

8,901

9,591

 

Group 1 Automotive, Inc

1,610

12,244

*,e

Groupon, Inc

235

29,518

*,e

GrowGeneration Corp

272

21,962

e

Guess?, Inc

480

9,098

 

Haverty Furniture Cos, Inc

249

9,181

 

Hibbett Sports, Inc

407

552,255

 

Home Depot, Inc

165,306

77,621

 

Kohl's Corp

4,693

9,431

*

Lands' End, Inc

160

59,869

*

Leslie's, Inc

1,159

19,090

*

Liquidity Services, Inc

327

15,893

 

Lithia Motors, Inc (Class A)

4,770

133,711

 

LKQ Corp

6,072

356,504

 

Lowe's Companies, Inc

72,082

19,294

*

Lumber Liquidators, Inc

271

172,372

 

Macy's, Inc

4,199

11,739

*

MarineMax, Inc

473

18,107

 

Monro Muffler, Inc

803

13,744

 

Murphy USA, Inc

2,748

47,869

*

National Vision Holdings, Inc

2,086

60,699

 

Nordstrom, Inc

1,646

18,624

*

ODP Corp

854

35,834

*

Ollie's Bargain Outlet Holdings, Inc

1,539

5,690

 

OneWater Marine, Inc

196

34,901

*

O'Reilly Automotive, Inc

23,906

24,586

*,e

Overstock.com, Inc

1,082

60,315

*

Party City Holdco, Inc

216

13,329

 

Penske Auto Group, Inc

1,249

40,988

*,e

Petco Health & Wellness Co, Inc

802

14,105

e

PetMed Express, Inc

364

20,231

 

Pool Corp

8,555

41,549

*,e

Porch Group, Inc

289

53,361

*

Quotient Technology, Inc

340

130,909

 

Qurate Retail Group, Inc QVC Group

623

42,901

*

RealReal, Inc

311

35,975

 

Rent-A-Center, Inc

906

19,596

*

Revolve Group, Inc

1,052

9,426

*

RH

3,074

189,042

 

Ross Stores, Inc

17,101

66,571

*

Sally Beauty Holdings, Inc

1,041

33,875

*,e

Shift Technologies, Inc

75

4,712

 

Shoe Carnival, Inc

137

245

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

13,499

 

Shutterstock, Inc

$1,256

29,200

 

Signet Jewelers Ltd

2,123

13,058

*

Sleep Number Corp

662

11,945

 

Sonic Automotive, Inc (Class A)

508

19,952

*

Sportsman's Warehouse Holdings, Inc

213

32,244

*

Stitch Fix Inc

325

253,127

 

Target Corp

53,719

6,790

 

Tilly's, Inc

64

635,198

 

TJX Companies, Inc

38,480

59,954

 

Tractor Supply Co

13,991

27,026

*

Ulta Beauty, Inc

10,762

37,439

*

Urban Outfitters, Inc

940

41,105

*

Victoria's Secret & Co

2,111

63,231

*,e

Vroom, Inc

168

41,399

*,e

Wayfair, Inc

4,586

41,140

 

Williams-Sonoma, Inc

5,965

1,945

 

Winmark Corp

428

4,344

*,e

Xometry, Inc

160

11,661

*

Zumiez, Inc

446

 

 

TOTAL RETAILING

1,415,031

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.5%

 

862,773

*

Advanced Micro Devices, Inc

94,336

26,133

*

Allegro MicroSystems, Inc

742

15,539

*

Alpha & Omega Semiconductor Ltd

849

19,074

*

Ambarella, Inc

2,001

55,705

 

Amkor Technology, Inc

1,210

277,268

 

Analog Devices, Inc

45,799

468,680

 

Applied Materials, Inc

61,772

10,142

*,e

Atomera, Inc

132

20,849

*

Axcelis Technologies, Inc

1,575

26,991

*

AXT, Inc

189

213,453

 

Broadcom, Inc

134,407

39,365

 

Brooks Automation, Inc

3,263

15,710

*

Ceva, Inc

639

31,760

*

Cirrus Logic, Inc

2,693

12,415

 

CMC Materials, Inc

2,302

26,675

*

Cohu, Inc

790

23,788

*

Diodes, Inc

2,069

70,419

*

Enphase Energy, Inc

14,209

66,933

 

Entegris, Inc

8,786

58,223

*

First Solar, Inc

4,876

42,439

*

Formfactor, Inc

1,784

28,123

*

GLOBALFOUNDRIES, Inc

1,755

15,133

*

Ichor Holdings Ltd

539

13,074

*

Impinj, Inc

831

2,131,270

 

Intel Corp

105,626

79,888

 

KLA Corp

29,244

42,347

*,e

Kopin Corp

107

33,411

 

Kulicke & Soffa Industries, Inc

1,872

73,678

 

Lam Research Corp

39,610

75,431

*

Lattice Semiconductor Corp

4,597

29,103

*

MACOM Technology Solutions Holdings, Inc

1,742

445,569

 

Marvell Technology, Inc

31,952

38,172

*

MaxLinear, Inc

2,227

118,061

*,e

Meta Materials, Inc

197

284,904

 

Microchip Technology, Inc

21,408

593,350

 

Micron Technology, Inc

46,216

26,862

 

MKS Instruments, Inc

4,029

23,066

 

Monolithic Power Systems, Inc

11,203

26,573

*

Nanometrics, Inc

2,309

21,168

*

NeoPhotonics Corp Ltd

322

3,184

 

NVE Corp

173

1,263,783

 

NVIDIA Corp

344,836

246

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

140,051

 

NXP Semiconductors NV

$25,921

220,276

*

ON Semiconductor Corp

13,791

20,605

*

PDF Solutions, Inc

574

46,544

*

Photronics, Inc

790

33,225

 

Power Integrations, Inc

3,079

55,854

*

Qorvo, Inc

6,931

595,313

 

QUALCOMM, Inc

90,976

61,164

*

Rambus, Inc

1,951

35,296

*

Semtech Corp

2,447

21,183

*

Silicon Laboratories, Inc

3,182

7,023

*

SiTime Corp

1,740

84,315

e

Skyworks Solutions, Inc

11,237

15,494

*

SMART Global Holdings, Inc

400

42,585

*,e

SunPower Corp

915

19,257

*

Synaptics, Inc

3,842

85,656

 

Teradyne, Inc

10,127

487,900

 

Texas Instruments, Inc

89,520

23,500

*

Ultra Clean Holdings

996

24,314

 

Universal Display Corp

4,059

34,384

*

Veeco Instruments, Inc

935

62,345

*

Wolfspeed Inc

7,099

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

1,315,730

SOFTWARE & SERVICES - 13.8%

 

 

 

65,506

*

8x8, Inc

825

32,215

 

A10 Networks, Inc

449

336,012

 

Accenture plc

113,313

68,208

*

ACI Worldwide, Inc

2,148

249,141

*

Adobe, Inc

113,514

11,056

*

Agilysys, Inc

441

82,582

*

Akamai Technologies, Inc

9,859

26,945

*

Alarm.com Holdings, Inc

1,791

15,192

*

Alkami Technology, Inc

217

27,328

 

Alliance Data Systems Corp

1,534

24,769

*,e

Altair Engineering, Inc

1,595

32,290

*

Alteryx, Inc

2,310

63,407

 

Amdocs Ltd

5,213

15,720

 

American Software, Inc (Class A)

328

78,020

*

Anaplan, Inc

5,075

45,731

*

Ansys, Inc

14,526

9,509

*

Appfolio, Inc

1,077

20,140

*,e

Appian Corp

1,225

40,356

*,e

Asana, Inc

1,613

33,910

*

Aspen Technology, Inc

5,608

72,802

*

Atlassian Corp plc

21,391

114,861

*

Autodesk, Inc

24,620

223,240

 

Automatic Data Processing, Inc

50,796

46,044

*

Avalara, Inc

4,582

45,036

*

Avaya Holdings Corp

571

11,374

*

Benefitfocus, Inc

144

74,063

 

Bentley Systems, Inc

3,272

24,476

*

BigCommerce Holdings, Inc

536

49,304

*

Bill.Com Holdings, Inc

11,182

82,754

*

Black Knight, Inc

4,799

26,411

*

Blackbaud, Inc

1,581

29,853

*

Blackline, Inc

2,186

256,827

*

Block, Inc

34,826

24,159

*

Bottomline Technologies, Inc

1,369

66,925

*

Box, Inc

1,945

20,694

*

Brightcove, Inc

161

61,037

 

Broadridge Financial Solutions, Inc

9,504

25,858

*

BTRS Holdings, Inc

193

42,696

*,e

C3.ai, Inc

969

144,241

*

Cadence Design Systems, Inc

23,722

247

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

31,787

*

Cantaloupe, Inc

$215

10,596

 

Cass Information Systems, Inc

391

66,103

 

CDK Global, Inc

3,218

22,039

*

Cerence Inc

796

66,788

*

Ceridian HCM Holding, Inc

4,566

15,814

*

ChannelAdvisor Corp

262

68,044

 

Citrix Systems, Inc

6,866

17,869

*,e

Cleanspark, Inc

221

135,440

*

Cloudflare, Inc

16,212

277,107

 

Cognizant Technology Solutions Corp (Class A)

24,848

20,876

*

Commvault Systems, Inc

1,385

21,043

 

Concentrix Corp

3,505

91,431

*

Conduent, Inc

472

7,805

*

Consensus Cloud Solutions, Inc

469

40,201

*

Coupa Software, Inc

4,086

104,091

*

Crowdstrike Holdings, Inc

23,637

6,968

*

CS Disco, Inc

237

17,763

 

CSG Systems International, Inc

1,129

133,433

*

Datadog, Inc

20,211

13,627

*,e

Datto Holding Corp

364

7,264

*,e

Digimarc Corp

192

46,104

*

Digital Turbine, Inc

2,020

26,690

*

DigitalOcean Holdings, Inc

1,544

103,146

*

DocuSign, Inc

11,049

35,265

 

Dolby Laboratories, Inc (Class A)

2,758

15,039

*

Domo, Inc

761

35,232

*

DoubleVerify Holdings, Inc

887

165,340

*

Dropbox, Inc

3,844

40,815

*

Duck Creek Technologies, Inc

903

125,003

*

DXC Technology Co

4,079

106,722

*

Dynatrace, Inc

5,027

87,429

*,e

E2open Parent Holdings, Inc

770

17,480

 

Ebix, Inc

579

37,517

*

Elastic NV

3,337

30,234

*

Envestnet, Inc

2,251

28,803

*

EPAM Systems, Inc

8,543

27,813

*

Euronet Worldwide, Inc

3,620

21,053

*

Everbridge, Inc

919

31,074

 

EVERTEC, Inc

1,272

25,590

*

Evo Payments, Inc

591

17,218

*

ExlService Holdings, Inc

2,467

14,532

*

Fair Isaac Corp

6,779

58,075

*,e

Fastly, Inc

1,009

326,984

 

Fidelity National Information Services, Inc

32,836

127,712

*

FireEye, Inc

2,849

312,691

*

Fiserv, Inc

31,707

37,675

*

Five9, Inc

4,159

42,717

*

FleetCor Technologies, Inc

10,639

33,603

*

Flywire Corp

1,028

70,105

*

Fortinet, Inc

23,958

40,808

*

Gartner, Inc

12,139

94,449

 

Genpact Ltd

4,109

149,507

 

Global Payments, Inc

20,459

21,651

*

Globant S.A.

5,674

86,670

*

GoDaddy, Inc

7,254

15,258

*

Grid Dynamics Holdings, Inc

215

46,084

*

Guidewire Software, Inc

4,360

17,956

 

Hackett Group, Inc

414

24,272

*

HubSpot, Inc

11,528

9,245

*

I3 Verticals, Inc

258

17,943

*

Informatica, Inc

354

4,355

*,e

Intelligent Systems Corp

119

18,324

 

InterDigital, Inc

1,169

470,997

 

International Business Machines Corp

61,239

248

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

13,645

*

International Money Express Inc

$281

139,961

 

Intuit, Inc

67,299

37,546

 

Jack Henry & Associates, Inc

7,398

29,050

*,e

Jamf Holding Corp

1,011

28,159

*

JFrog Ltd

759

95,867

*

Kyndryl Holdings, Inc

1,258

50,961

*

Limelight Networks, Inc

266

34,967

*

Liveperson, Inc

854

35,615

*

LiveRamp Holdings, Inc

1,332

32,654

*

Manhattan Associates, Inc

4,529

52,095

*,e

Marathon Digital Holdings, Inc

1,456

456,490

 

Mastercard, Inc (Class A)

163,140

31,583

 

MAXIMUS, Inc

2,367

11,893

*,e

MeridianLink, Inc

215

3,985,216

 

Microsoft Corp

1,228,682

4,156

*,e

MicroStrategy, Inc (Class A)

2,021

27,289

*

Mimecast Ltd

2,171

22,456

*

Mitek Systems, Inc

329

14,483

*

Model N, Inc

390

35,218

*

MoneyGram International, Inc

372

33,619

*

MongoDB, Inc

14,913

19,169

*

N-Able, Inc

174

25,933

*

nCino OpCo, Inc

1,063

68,992

*

NCR Corp

2,773

30,028

*

New Relic, Inc

2,008

283,454

 

NortonLifelock, Inc

7,517

105,783

*

Nutanix, Inc

2,837

68,248

*

Okta, Inc

10,303

4,837

*

ON24, Inc

64

21,489

*

OneSpan, Inc

310

852,468

 

Oracle Corp

70,525

41,005

*

Pagerduty, Inc

1,402

862,353

*

Palantir Technologies, Inc

11,840

51,087

*

Palo Alto Networks, Inc

31,802

44,842

*

Paya Holdings, Inc

263

168,005

 

Paychex, Inc

22,928

26,642

*

Paycom Software, Inc

9,228

11,105

*,e

Paycor HCM, Inc

323

20,584

*

Paylocity Holding Corp

4,236

618,641

*

PayPal Holdings, Inc

71,546

225,806

*,e

Paysafe Ltd

765

22,404

 

Pegasystems, Inc

1,807

17,663

*

Perficient, Inc

1,945

23,740

*

Ping Identity Holding Corp

651

31,944

*

Procore Technologies, Inc

1,851

23,997

 

Progress Software Corp

1,130

19,034

*

PROS Holdings, Inc

634

57,208

*

PTC, Inc

6,162

29,530

*

Q2 Holdings, Inc

1,821

18,605

*

Qualys, Inc

2,650

19,217

*,e

Rackspace Technology, Inc

214

31,056

*

Rapid7, Inc

3,455

42,004

*

Repay Holdings Corp

620

44,149

*

RingCentral, Inc

5,175

84,673

*,e

Riot Blockchain, Inc

1,793

186,641

*

Sabre Corp

2,133

52,403

*

SailPoint Technologies Holding, Inc

2,682

493,667

*

salesforce.com, Inc

104,815

15,268

 

Sapiens International Corp NV

388

4,599

*

SecureWorks Corp

61

105,559

*

ServiceNow, Inc

58,785

23,585

*

Shift4 Payments, Inc

1,461

4,906

*

ShotSpotter, Inc

136

66,115

*

Smartsheet, Inc

3,622

249

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

104,932

*

Snowflake, Inc

$24,043

19,169

 

SolarWinds Corp

255

85,374

*

Splunk, Inc

12,687

24,107

*

Sprout Social, Inc

1,931

19,690

*

SPS Commerce, Inc

2,583

111,085

 

SS&C Technologies Holdings, Inc

8,334

120,616

*

StoneCo Ltd

1,411

44,512

*

Sumo Logic, Inc

519

70,963

*

SVMK, Inc

1,154

62,944

 

Switch, Inc

1,940

78,737

*

Synopsys, Inc

26,241

21,512

*

Telos Corp

214

49,510

*

Tenable Holdings, Inc

2,861

51,680

*

Teradata Corp

2,547

228,032

*

Trade Desk, Inc

15,791

10,054

 

TTEC Holdings, Inc

830

6,516

*,e

Tucows, Inc

445

22,872

*

Turing Holding Corp

476

90,362

*

Twilio, Inc

14,893

21,091

*

Tyler Technologies, Inc

9,383

38,674

*

Unisys Corp

836

80,847

*

Unity Software, Inc

8,021

15,606

*

Upland Software, Inc

275

56,469

*

Varonis Systems, Inc

2,685

35,164

*

Verint Systems, Inc

1,818

49,603

*

VeriSign, Inc

11,035

13,662

*,e

Veritone, Inc

250

63,620

*

Verra Mobility Corp

1,036

6,012

*

Viant Technology, Inc

39

32,131

*,e

VirnetX Holding Corp

52

877,433

 

Visa, Inc (Class A)

194,588

115,810

 

VMware, Inc (Class A)

13,187

119,804

*

Vonage Holdings Corp

2,431

229,572

 

Western Union Co

4,302

24,535

*

WEX, Inc

4,378

29,289

*

Wix.com Ltd

3,060

100,015

*

Workday, Inc

23,950

22,930

*

Workiva, Inc

2,706

57,275

 

Xperi Holding Corp

992

55,032

*

Yext, Inc

379

60,907

*

Zendesk, Inc

7,326

115,895

*

Zoom Video Communications, Inc

13,586

41,021

*

Zscaler, Inc

9,898

55,037

*

Zuora Inc

824

 

 

TOTAL SOFTWARE & SERVICES

3,288,901

TECHNOLOGY HARDWARE & EQUIPMENT - 7.8%

 

66,252

*

3D Systems Corp

1,105

6,963

*

908 Devices, Inc

132

35,649

 

Adtran, Inc

658

20,999

 

Advanced Energy Industries, Inc

1,808

41,314

*,e

Aeva Technologies, Inc

179

18,515

*,e

Akoustis Technologies, Inc

120

307,977

 

Amphenol Corp (Class A)

23,206

8,162,327

 

Apple, Inc

1,425,224

126,832

*

Arista Networks, Inc

17,627

47,303

*

Arlo Technologies, Inc

419

36,241

*

Arrow Electronics, Inc

4,299

24,161

*

Avid Technology, Inc

843

54,480

 

Avnet, Inc

2,211

15,939

 

Badger Meter, Inc

1,589

24,142

 

Belden CDT, Inc

1,337

19,531

 

Benchmark Electronics, Inc

489

26,799

*

CalAmp Corp

196

250

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

28,887

*

Calix, Inc

$1,240

4,889

*

Cambium Networks Corp

116

9,824

*

Casa Systems, Inc

44

69,884

 

CDW Corp

12,502

79,273

*

Ciena Corp

4,806

2,236,560

 

Cisco Systems, Inc

124,711

8,964

*

Clearfield, Inc

585

93,925

 

Cognex Corp

7,246

11,456

*

Coherent, Inc

3,132

115,638

*

CommScope Holding Co, Inc

911

16,237

 

Comtech Telecommunications Corp

255

403,851

 

Corning, Inc

14,906

8,680

*,e

Corsair Gaming, Inc

184

17,421

 

CTS Corp

616

27,847

*

Daktronics, Inc

107

136,382

*

Dell Technologies, Inc

6,845

53,560

*

Diebold, Inc

360

18,652

*

Digi International, Inc

401

9,167

*

DZS, Inc

127

24,605

*,e

Eastman Kodak Co

161

20,159

*

EMCORE Corp

75

18,556

*

ePlus, Inc

1,040

79,396

*

Extreme Networks, Inc

969

30,171

*

F5 Networks, Inc

6,304

20,485

*

Fabrinet

2,154

9,925

*

FARO Technologies, Inc

515

58,321

*

Harmonic, Inc

542

707,951

 

Hewlett Packard Enterprise Co

11,830

572,365

 

HP, Inc

20,777

11,473

*

Identiv, Inc

186

57,079

*,e

II-VI, Inc

4,138

103,799

*,e

Infinera Corp

900

40,550

*,e

Inseego Corp

164

19,073

*

Insight Enterprises, Inc

2,047

19,271

*

IPG Photonics Corp

2,115

18,293

*

Iteris, Inc

55

24,355

*

Itron, Inc

1,283

71,253

 

Jabil Inc

4,398

163,210

 

Juniper Networks, Inc

6,065

96,308

*

Keysight Technologies, Inc

15,214

21,162

*

Kimball Electronics, Inc

423

48,573

*

Knowles Corp

1,046

10,929

*

KVH Industries, Inc

99

13,151

 

Littelfuse, Inc

3,280

36,595

*

Lumentum Holdings, Inc

3,572

20,833

 

Methode Electronics, Inc

901

86,400

*,e

Microvision, Inc

404

87,037

 

Motorola Solutions, Inc

21,080

15,874

*

Napco Security Technologies, Inc

326

72,088

 

National Instruments Corp

2,926

118,594

 

NetApp, Inc

9,843

16,454

*

Netgear, Inc

406

43,446

*

Netscout Systems, Inc

1,394

20,535

*

nLight, Inc

356

18,332

*

Novanta, Inc

2,608

9,244

*

OSI Systems, Inc

787

15,844

*,e

Ouster, Inc

71

12,941

*,e

PAR Technology Corp

522

8,216

 

PC Connection, Inc

430

18,613

*

Plantronics, Inc

733

17,083

*

Plexus Corp

1,398

148,433

*

Pure Storage, Inc

5,241

30,487

*,e

Quantum Corp

69

37,508

*

Ribbon Communications, Inc

116

251

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

8,376

*

Rogers Corp

$2,276

36,299

*

Sanmina Corp

1,467

17,777

*

Scansource, Inc

618

26,460

*

Super Micro Computer, Inc

1,007

22,861

 

SYNNEX Corp

2,360

24,117

*

Teledyne Technologies, Inc

11,398

129,908

*

Trimble Inc

9,372

20,652

*

TTM Technologies, Inc

306

8,166

*

Turtle Beach Corp

174

3,604

e

Ubiquiti, Inc

1,049

38,579

*

Velodyne Lidar, Inc

99

34,027

*

Viasat, Inc

1,661

136,006

*

Viavi Solutions, Inc

2,187

72,768

 

Vishay Intertechnology, Inc

1,426

9,508

*

Vishay Precision Group, Inc

306

92,880

 

Vontier Corp

2,358

155,579

*

Western Digital Corp

7,725

84,117

 

Xerox Holdings Corp

1,697

27,748

*

Zebra Technologies Corp (Class A)

11,479

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

1,858,464

TELECOMMUNICATION SERVICES - 1.1%

 

 

7,472

*

Anterix, Inc

433

3,788,211

 

AT&T, Inc

89,515

7,918

 

ATN International, Inc

316

12,460

*

Bandwidth Inc

404

25,280

 

Cogent Communications Group, Inc

1,677

48,355

*

Consolidated Communications Holdings, Inc

285

22,558

*

EchoStar Corp (Class A)

549

331,269

*,e

Globalstar, Inc

487

43,698

*,e

Gogo, Inc

833

11,096

*

IDT Corp (Class B)

378

60,764

*

Iridium Communications, Inc

2,450

29,453

*

Liberty Latin America Ltd (Class A)

286

84,348

*

Liberty Latin America Ltd (Class C)

809

554,638

 

Lumen Technologies, Inc

6,251

13,047

*

Ooma, Inc

195

23,995

*

Radius Global Infrastructure, Inc

343

26,373

 

Shenandoah Telecom Co

622

55,138

 

Telephone & Data Systems, Inc

1,041

9,932

*,e

Telesat Corp

164

314,734

*

T-Mobile US, Inc

40,396

9,529

*

US Cellular Corp

288

2,221,799

 

Verizon Communications, Inc

113,178

 

 

TOTAL TELECOMMUNICATION SERVICES

260,900

TRANSPORTATION - 1.9%

 

 

 

37,928

*

Air Transport Services Group, Inc

1,269

60,779

*

Alaska Air Group, Inc

3,526

8,270

*

Allegiant Travel Co

1,343

4,307

 

Amerco, Inc

2,571

347,869

*,e

American Airlines Group, Inc

6,349

13,812

 

ArcBest Corp

1,112

15,514

*

Atlas Air Worldwide Holdings, Inc

1,340

22,038

*

Avis Budget Group, Inc

5,803

67,597

 

CH Robinson Worldwide, Inc

7,281

11,515

*

Copa Holdings S.A. (Class A)

963

23,634

 

Costamare, Inc

403

8,672

 

Covenant Transportation Group, Inc

187

1,171,178

 

CSX Corp

43,861

14,173

*

Daseke, Inc

143

351,191

*

Delta Air Lines, Inc

13,897

4,116

e

Eagle Bulk Shipping, Inc

280

85,367

 

Expeditors International of Washington, Inc

8,806

252

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

129,759

 

FedEx Corp

$30,025

14,836

 

Forward Air Corp

1,451

18,987

*

Frontier Group Holdings, Inc

215

17,525

 

Genco Shipping & Trading Ltd

414

50,638

*

GXO Logistics, Inc

3,612

27,588

*

Hawaiian Holdings, Inc

543

26,012

 

Heartland Express, Inc

366

18,067

*

Hub Group, Inc (Class A)

1,395

9,562

*

HyreCar, Inc

23

43,796

 

JB Hunt Transport Services, Inc

8,794

173,855

*

JetBlue Airways Corp

2,599

32,726

*

Kirby Corp

2,362

79,606

 

Knight-Swift Transportation Holdings, Inc

4,017

20,412

 

Landstar System, Inc

3,079

154,071

*

Lyft, Inc (Class A)

5,916

34,852

 

Marten Transport Ltd

619

23,449

 

Matson, Inc

2,828

19,117

*

Mesa Air Group, Inc

84

127,405

 

Norfolk Southern Corp

36,338

52,587

 

Old Dominion Freight Line

15,707

29,335

*

Radiant Logistics, Inc

187

25,040

 

Ryder System, Inc

1,986

33,371

 

Safe Bulkers, Inc

159

13,620

*

Saia, Inc

3,321

22,723

 

Schneider National, Inc

579

28,022

*

Skywest, Inc

808

314,707

*

Southwest Airlines Co

14,414

50,261

*

Spirit Airlines, Inc

1,099

9,455

*

Sun Country Airlines Holdings, Inc

248

71,175

*,e

TuSimple Holdings, Inc

868

862,402

*

Uber Technologies, Inc

30,770

339,367

 

Union Pacific Corp

92,718

177,925

*

United Airlines Holdings Inc

8,249

381,806

 

United Parcel Service, Inc (Class B)

81,882

6,297

 

Universal Logistics Holdings Inc

127

14,010

*

US Xpress Enterprises, Inc

54

36,247

 

Werner Enterprises, Inc

1,486

52,508

*

XPO Logistics, Inc

3,823

26,820

*

Yellow Corp

188

 

 

TOTAL TRANSPORTATION

462,487

UTILITIES - 2.7%

 

 

 

362,922

 

AES Corp

9,338

28,646

 

Allete, Inc

1,919

137,659

 

Alliant Energy Corp

8,601

134,116

 

Ameren Corp

12,575

264,131

 

American Electric Power Co, Inc

26,352

20,132

 

American States Water Co

1,792

95,298

 

American Water Works Co, Inc

15,775

4,909

 

Artesian Resources Corp

238

69,836

 

Atmos Energy Corp

8,345

27,653

e

Avangrid, Inc

1,292

33,562

 

Avista Corp

1,515

34,402

 

Black Hills Corp

2,650

38,780

e

Brookfield Infrastructure Corp

2,926

72,027

 

Brookfield Renewable Corp

3,155

15,011

*,e

Cadiz, Inc

31

27,726

 

California Water Service Group

1,644

319,280

 

Centerpoint Energy, Inc

9,783

9,405

 

Chesapeake Utilities Corp

1,296

10,556

 

Clearway Energy, Inc (Class A)

352

47,061

 

Clearway Energy, Inc (Class C)

1,718

153,859

 

CMS Energy Corp

10,761

182,270

 

Consolidated Edison, Inc

17,257

253

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

172,613

 

Constellation Energy Corp

$9,709

426,782

 

Dominion Energy, Inc

36,264

101,817

 

DTE Energy Co

13,461

409,511

 

Duke Energy Corp

45,726

195,908

 

Edison International

13,733

106,399

 

Entergy Corp

12,422

120,688

 

Essential Utilities Inc

6,171

119,824

 

Evergy, Inc

8,189

182,921

 

Eversource Energy

16,132

517,839

 

Exelon Corp

24,665

276,167

 

FirstEnergy Corp

12,665

6,410

 

Global Water Resources, Inc

107

57,902

 

Hawaiian Electric Industries, Inc

2,450

27,642

 

Idacorp, Inc

3,189

19,874

 

MGE Energy, Inc

1,586

11,759

 

Middlesex Water Co

1,237

44,613

 

National Fuel Gas Co

3,065

52,723

 

New Jersey Resources Corp

2,418

1,039,021

 

NextEra Energy, Inc

88,015

193,752

 

NiSource, Inc

6,161

14,483

 

Northwest Natural Holding Co

749

27,636

 

NorthWestern Corp

1,672

135,219

 

NRG Energy, Inc

5,187

96,380

 

OGE Energy Corp

3,930

29,641

 

ONE Gas, Inc

2,616

24,734

 

Ormat Technologies, Inc

2,024

22,455

 

Otter Tail Corp

1,403

1,050,750

*,b

PG&E Corp

12,546

55,268

 

Pinnacle West Capital Corp

4,316

31,702

 

PNM Resources, Inc

1,511

40,332

 

Portland General Electric Co

2,224

390,063

 

PPL Corp

11,140

263,097

 

Public Service Enterprise Group, Inc

18,417

11,616

*

Pure Cycle Corp

140

167,821

 

Sempra Energy

28,214

12,005

 

SJW Corp

835

58,642

 

South Jersey Industries, Inc

2,026

554,283

 

Southern Co

40,191

31,668

 

Southwest Gas Holdings Inc

2,479

26,256

 

Spire, Inc

1,884

46,961

*

Sunnova Energy International, Inc

1,083

105,006

 

UGI Corp

3,803

10,272

 

Unitil Corp

512

7,544

e

Via Renewables, Inc

62

268,521

 

Vistra Energy Corp

6,243

169,964

 

WEC Energy Group, Inc

16,964

286,281

 

Xcel Energy, Inc

20,661

9,006

 

York Water Co

405

 

 

TOTAL UTILITIES

639,917

 

 

TOTAL COMMON STOCKS

23,788,410

 

 

(Cost $7,832,801)

 

 

 

EXPIRATION

 

 

DATE

RIGHTS/WARRANTS - 0.0%

 

 

 

 

MEDIA & ENTERTAINMENT - 0.0%

 

 

 

 

80,085

† Media General, Inc

 

0

 

TOTAL MEDIA & ENTERTAINMENT

 

0

254

COLLEGE RETIREMENT EQUITIES FUND - Equity Index Account

 

 

 

EXPIRATION

VALUE

SHARES

 

COMPANY

DATE

 

(000)

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0%

 

 

 

7,917

Chinook Therapeutics, Inc

 

 

$0

6,981

Tobira Therapeutics, Inc

 

 

0^

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

0^

TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%

 

 

 

30,487

 

Quantum Corp

05/15/22

 

1

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

 

 

1

 

 

TOTAL RIGHTS/WARRANTS

 

 

1

 

 

(Cost $0)

 

 

 

 

 

 

 

 

 

MATURITY

 

PRINCIPAL

 

 

ISSUER

RATE

 

DATE

 

 

SHORT-TERM INVESTMENTS - 0.7%

 

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 0.1%

 

 

 

 

 

 

 

$10,000,000

 

 

Federal Home Loan Bank (FHLB)

0.000%

04/08/22

 

10,000

10,000,000

 

 

FHLB

0.000

04/25/22

 

9,999

 

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

19,999

REPURCHASE AGREEMENT - 0.2%

 

 

 

 

 

 

 

35,055,000

 

r

Fixed Income Clearing Corp (FICC)

0.250

04/01/22

 

35,055

 

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

35,055

TREASURY DEBT - 0.0%

 

 

 

 

 

 

 

11,000,000

 

 

United States Cash Management Bill

0.000

04/12/22

 

10,999

 

 

 

TOTAL TREASURY DEBT

 

 

 

 

10,999

SHARES

 

 

COMPANY

 

 

 

 

 

INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.4%

 

 

 

 

 

100,990,092

 

c

State Street Navigator Securities Lending Government Money Market Portfolio

0.290

 

 

 

100,990

 

 

 

TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES

 

 

 

 

100,990

 

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

167,043

 

 

 

(Cost $167,043)

 

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 100.4%

 

 

 

 

23,955,454

 

 

 

(Cost $7,999,844)

 

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (0.4)%

 

 

 

 

(92,464)

 

 

 

NET ASSETS - 100.0%

 

 

 

 

$23,862,990

 

 

REIT

Real Estate Investment Trust

 

 

 

 

 

 

 

^ Amount represents less than $1,000.

 

 

 

 

 

 

 

* Non-income producing

 

 

 

 

 

 

 

† Security is categorized as Level 3 in the fair value hierarchy.

 

 

 

 

 

 

 

b

In bankruptcy

 

 

 

 

 

 

 

c Investments made with cash collateral received from securities on loan.

 

 

 

 

 

 

 

d All or a portion of these securities have been segregated to cover margin requirements on open futures contracts.

 

 

 

 

 

 

e

All or a portion of these securities are out on loan. The aggregate value of securities on loan is $172,487,036.

 

 

 

 

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $35,055,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 2.375% and maturity date 3/31/29, valued at $35,756,129.

Cost amounts are in thousands.

Futures contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

Number of

 

 

 

 

 

 

Unrealized

 

long (short)

Expiration

 

Notional

 

 

 

appreciation

Description

contracts

date

 

amount

 

Value

 

(depreciation)

S&P 500 E Mini Index

237‌

06/17/22

$

51,053‌

$

53,689‌

$

2,636‌

 

255

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

COLLEGE RETIREMENT EQUITIES FUND

BOND MARKET ACCOUNT

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2022

 

 

 

 

REFERENCE

 

 

 

MATURITY

 

 

VALUE

PRINCIPAL

 

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

 

(000)

BANK LOAN OBLIGATIONS - 0.8%

 

 

 

 

 

 

 

 

 

 

 

AUTOMOBILES & COMPONENTS - 0.0%

 

 

 

 

 

 

 

 

 

 

 

$815,173

 

i

Adient US LLC

LIBOR 1M + 3.250%

3.707%

04/10/28

$801

847,326

 

i

Clarios Global LP

LIBOR

1M

+ 3.250%

3.707

04/30/26

836

2,003,410

 

i

Gates Global LLC

LIBOR

1M

+ 2.500%

3.250

03/31/27

 

1,972

 

 

 

TOTAL AUTOMOBILES & COMPONENTS

 

 

 

 

 

 

 

3,609

CAPITAL GOODS - 0.1%

 

 

 

 

 

 

 

 

 

 

 

 

493,170

 

i

APi Group DE, Inc

LIBOR 1M + 2.750%

3.207

01/03/29

487

174,057

 

i

Avolon TLB Borrower US LLC

LIBOR

1M

+ 1.750%

2.500

01/15/25

171

221,063

 

i

Avolon TLB Borrower US LLC

LIBOR

1M

+ 1.500%

2.250

02/12/27

215

805,572

 

i

Beacon Roofing Supply, Inc

LIBOR

1M

+ 2.250%

2.707

05/19/28

792

840,631

 

i

Cornerstone Building Brands, Inc

LIBOR

1M

+ 3.250%

3.750

04/12/28

812

475,140

 

i

Prometric Holdings Inc

LIBOR

1M

+ 3.000%

4.000

01/29/25

466

1,347,869

 

i

TransDigm, Inc

LIBOR

1M

+ 2.250%

2.707

08/22/24

1,327

1,462,529

 

i

TransDigm, Inc

LIBOR

1M

+ 2.250%

2.707

05/30/25

 

1,435

 

 

 

TOTAL CAPITAL GOODS

 

 

 

 

 

 

 

5,705

COMMERCIAL & PROFESSIONAL SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

646,750

 

i

AECOM

LIBOR 1M + 1.750%

2.197

04/13/28

645

1,599,099

 

i

GFL Environmental, Inc

LIBOR 1 M + 3.000%

3.500

05/31/25

1,591

2,511,995

 

i

Prime Security Services Borrower LLC

LIBOR

3M

+ 2.750%

3.500

09/23/26

2,491

764,225

 

i

Spin Holdco, Inc

LIBOR

3M

+ 4.000%

4.750

03/04/28

757

4,264,177

 

i

Trans Union LLC

LIBOR

1M

+ 2.250%

2.750

12/01/28

 

4,227

 

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

 

 

9,711

CONSUMER DURABLES & APPAREL - 0.0%

 

 

 

 

 

 

 

 

 

 

 

388,394

 

i

Samsonite IP Holdings Sarl

LIBOR

1M

+ 1.750%

2.207

04/25/25

 

378

 

 

 

TOTAL CONSUMER DURABLES & APPAREL

 

 

 

 

 

 

 

378

CONSUMER SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

 

 

436,950

 

i

1011778 BC ULC

LIBOR 1M + 1.750%

2.207

11/19/26

427

1,192,013

 

i

Carnival Corp

LIBOR

3M

+ 3.250%

4.000

10/18/28

1,164

495,000

 

i

IRB Holding Corp

SOFR 3M + 3.000%

3.750

12/15/27

492

1,303,560

 

i

KFC Holding Co

LIBOR 1M + 1.750%

2.218

03/09/28

1,290

760,430

 

i

Scientific Games International, Inc

LIBOR

1M

+ 2.750%

3.207

08/14/24

757

1,990,000

 

i

Stars Group Holdings BV

LIBOR 3 M + 3.500%

3.256

07/21/26

 

1,972

 

 

 

TOTAL CONSUMER SERVICES

 

 

 

 

 

 

 

6,102

DIVERSIFIED FINANCIALS - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

862,389

 

i

Lions Gate Capital Holdings LLC

LIBOR

1M

+ 2.250%

2.707

03/24/25

849

1,752,812

 

i

Reynolds Group Holdings, Inc

LIBOR

1M

+ 3.250%

3.707

02/05/26

 

1,705

 

 

 

TOTAL DIVERSIFIED FINANCIALS

 

 

 

 

 

 

 

2,554

ENERGY - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

1,960,187

 

i

Buckeye Partners LP

LIBOR

1M

+ 2.250%

2.707

11/01/26

1,944

524,688

 

i

ChampionX Holding, Inc

LIBOR

3M

+ 5.000%

6.000

06/03/27

525

1,949,460

 

i

Delek US Holdings, Inc

LIBOR

1M

+ 2.250%

2.707

03/31/25

1,894

641,775

 

i

DT Midstream, Inc

LIBOR 1M + 2.000%

2.500

06/26/28

 

640

 

 

 

TOTAL ENERGY

 

 

 

 

 

 

 

5,003

FOOD, BEVERAGE & TOBACCO - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

591,000

 

i

Chobani LLC

LIBOR 1M + 3.500%

4.500

10/20/27

580

881,955

 

i

Hostess Brands LLC

LIBOR 1M + 2.250%

3.000

08/01/25

 

869

 

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

 

 

 

 

 

 

 

1,449

HEALTH CARE EQUIPMENT & SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

492,010

 

i

Change Healthcare Holdings LLC

LIBOR

1M + 2.500%

3.500

03/01/24

489

2,192,180

 

i

Da Vinci Purchaser Corp

LIBOR

3M + 4.000%

5.006

01/08/27

2,180

256

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$975,056

i

DaVita, Inc

LIBOR 1M + 1.750%

 

2.207%

 

08/12/26

 

$967

 

411,449

i

Grifols Worldwide Operations USA, Inc

LIBOR

1M

+ 2.000%

2.457

11/15/27

 

404

375,000

h,i

II-VI, Inc

LIBOR 1 M + 2.750%

3.250

12/08/28

 

372

 

2,012,842

i

RegionalCare Hospital Partners Holdings, Inc

LIBOR

1M

+ 3.750%

4.197

11/16/25

 

1,999

 

2,920,100

i

Select Medical Corp

LIBOR

1M

+ 2.250%

2.710

03/06/25

 

2,882

 

1,284,422

i

Team Health Holdings, Inc

LIBOR 3 M + 2.750%

6.250

03/02/27

 

1,218

 

 

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

 

 

 

 

 

 

 

 

10,511

 

HOUSEHOLD & PERSONAL PRODUCTS - 0.0%

 

 

 

 

 

 

 

 

 

 

590,092

i

Weber-Stephen Products LLC

LIBOR

1M

+ 3.250%

4.000

10/29/27

 

571

 

 

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

 

 

 

 

 

 

 

 

571

 

INSURANCE - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

149,250

i

Alliant Holdings Intermediate LLC

LIBOR

1M

+ 3.500%

4.000

11/05/27

 

148

 

1,960,000

i

NFP Corp

LIBOR 1M + 3.250%

3.707

02/15/27

 

1,922

 

2,442,455

i

USI, Inc

LIBOR

3M

+ 3.000%

4.006

05/16/24

 

2,424

 

 

 

 

TOTAL INSURANCE

 

 

 

 

 

 

 

 

4,494

 

MATERIALS - 0.1%

 

 

 

 

 

 

 

 

 

 

 

 

1,723,750

i

Asplundh Tree Expert LLC

LIBOR

1M

+ 1.750%

2.207

09/07/27

 

1,702

 

1,288,578

i

Berry Global, Inc

LIBOR

1M

+ 1.750%

2.071

07/01/26

 

1,269

 

479,980

i

Ineos US Finance LLC

LIBOR 1M + 2.000%

2.449

03/31/24

 

471

 

297,463

i

Messer Industries USA, Inc

LIBOR

3M

+ 2.500%

2.724

03/01/26

 

293

 

858,000

i

PolyOne Corp

LIBOR 1M + 1.750%

2.207

01/30/26

 

858

 

300,576

i

Reynolds Consumer Products LLC

LIBOR

1M

+ 1.750%

2.207

02/04/27

 

295

 

1,175,606

i

Tamko Building Products, Inc

LIBOR

3M

+ 3.000%

3.299

05/29/26

 

1,149

 

144,638

i

WR Grace Holdings LLC

LIBOR 3M + 3.750%

4.813

09/22/28

 

143

 

 

 

 

TOTAL MATERIALS

 

 

 

 

 

 

 

 

6,180

 

MEDIA & ENTERTAINMENT - 0.1%

 

 

 

 

 

 

 

 

 

 

 

 

1,640,304

i

Alliance Laundry Systems LLC

LIBOR

3M

+ 3.500%

4.250

10/08/27

 

1,623

 

345,625

i

Arterra Wines Canada, Inc

LIBOR

3M

+ 3.500%

4.506

11/19/27

 

342

 

419,688

i

Cablevision Lightpath LLC

LIBOR

1M

+ 3.250%

3.750

11/30/27

 

414

 

1,955,000

i

Charter Communications Operating LLC

LIBOR

1M

+ 1.750%

2.210

02/01/27

 

1,937

 

967,688

i

CNT Holdings I Corp

LIBOR

3M

+ 3.500%

4.250

11/08/27

 

961

 

708,724

i

CSC Holdings LLC

LIBOR 1M + 2.500%

2.897

04/15/27

 

695

 

500,000

i

Delta 2 Lux Sarl

LIBOR

1M

+ 2.500%

3.500

02/01/24

 

497

 

192,033

i

Diamond Sports Group LLC

SOFR 1M + 8.000%

9.000

05/25/26

 

194

 

977,500

†,i

Diamond Sports Group LLC

LIBOR 1 M + 3.250%

3.545

08/24/26

 

335

 

1,337,000

i

DIRECTV Financing LLC

LIBOR

1M

+ 5.000%

5.750

08/02/27

 

1,334

 

800,000

i

Mozart Borrower LP

LIBOR

1M

+ 3.250%

3.750

10/23/28

 

792

 

319,651

i

Nielsen Finance LLC

LIBOR

1M

+ 2.000%

2.306

10/04/23

 

319

 

500,000

i

Phoenix Newco, Inc

LIBOR 1M + 3.500%

4.000

11/15/28

 

496

 

1,576,050

i

Radiate Holdco LLC

LIBOR 1 M + 3.250%

4.000

09/25/26

 

1,561

800,000

i

SkyMiles IP Ltd

LIBOR

3M + 3.750%

4.750

10/20/27

 

825

1,762,707

i

TK Elevator US Newco, Inc

LIBOR

6M + 3.500%

4.019

07/30/27

 

1,744

2,250,000

i

Virgin Media Bristol LLC

LIBOR

1M + 2.500%

2.897

01/31/28

 

2,219

 

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

 

 

 

 

 

 

16,288

 

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1%

 

 

 

 

 

 

 

 

 

 

940,524

i

Avantor, Inc

LIBOR

1M + 2.250%

2.750

11/08/27

 

932

1,485,867

i

Bausch Health Americas, Inc

LIBOR

1M + 3.000%

3.457

06/02/25

 

1,472

1,511,749

i

Bausch Health Americas, Inc

LIBOR

1M + 2.750%

3.207

11/27/25

 

1,497

2,462,453

i

Catalent Pharma Solutions, Inc

LIBOR

1M + 2.000%

2.500

02/22/28

 

2,456

2,453,211

i

Endo Luxembourg Finance Co I Sarl

LIBOR

1M + 5.000%

5.750

03/27/28

 

2,293

 

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

 

 

 

 

 

 

8,650

 

REAL ESTATE - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

1,354,850

i

Cushman & Wakefield plc

LIBOR

1M + 2.750%

3.207

08/21/25

 

1,335

 

 

 

TOTAL REAL ESTATE

 

 

 

 

 

 

 

 

1,335

RETAILING - 0.0%

257

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$918,250

 

h,i

LS GROUP OPCO ACQUISITIO

LIBOR 3M + 3.250%

 

4.000%

 

11/02/27

 

$909

 

 

 

 

TOTAL RETAILING

 

 

 

 

 

 

 

909

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.0%

 

 

 

 

 

 

 

 

 

500,000

 

h,i

MKS Instruments, Inc

LIBOR 1 M + 2.250%

2.750

10/20/28

 

495

 

 

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

 

 

 

 

 

 

 

495

SOFTWARE & SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

 

317,688

 

i

Camelot Finance S.A.

LIBOR

1M + 3.000%

3.457

10/30/26

 

314

 

987,500

 

i

Camelot US Acquisition

LIBOR

1M + 3.000%

4.000

10/31/26

 

977

 

664,668

 

i

Hyland Software, Inc

LIBOR

1M + 3.500%

4.250

07/01/24

 

660

2,640,000

 

h,i

NortonLifeLock, Inc

SOFR + 2.000%

2.500

01/28/29

 

2,605

 

494,994

 

i

Rackspace Technology Global, Inc

LIBOR

3M + 2.750%

3.500

02/03/28

 

485

 

977,330

 

i

Rocket Software, Inc

LIBOR

1M + 4.250%

4.707

11/28/25

 

963

 

84,943

 

i

Sabre GLBL, Inc

SOFR 1M + 4.250%

4.750

06/30/28

 

84

1,608,780

 

i

UKG, Inc

LIBOR 3M + 3.250%

3.750

05/04/26

 

1,594

 

 

 

 

TOTAL SOFTWARE & SERVICES

 

 

 

 

 

 

 

7,682

TECHNOLOGY HARDWARE & EQUIPMENT - 0.0%

 

 

 

 

 

 

 

 

1,146,492

 

i

Plantronics, Inc

LIBOR

1M + 2.500%

2.957

07/02/25

 

1,136

 

755,472

 

i

TTM Technologies, Inc

LIBOR

1M + 2.500%

2.731

09/28/24

 

749

 

 

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

 

 

 

 

 

 

 

1,885

TELECOMMUNICATION SERVICES - 0.0%

 

 

 

 

 

 

 

 

 

 

623,553

 

i

Zayo Group Holdings, Inc

LIBOR

1M + 3.000%

3.457

03/09/27

 

606

 

 

 

 

TOTAL TELECOMMUNICATION SERVICES

 

 

 

 

 

 

 

606

TRANSPORTATION - 0.0%

 

 

 

 

 

 

 

 

 

 

 

555,000

 

i

Air Canada

LIBOR 3M + 3.500%

4.250

08/11/28

 

549

 

629,616

 

i

American Airlines, Inc

LIBOR

3M + 2.000%

2.840

12/14/23

 

621

 

 

 

 

TOTAL TRANSPORTATION

 

 

 

 

 

 

 

1,170

UTILITIES - 0.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

976,633

 

i

Gopher Resource LLC

LIBOR 1M + 3.250%

4.250

03/06/25

 

883

 

 

 

 

TOTAL UTILITIES

 

 

 

 

 

 

 

883

 

 

 

 

TOTAL BANK LOAN OBLIGATIONS

 

 

 

 

 

 

 

96,170

 

 

 

 

(Cost $97,851)

 

 

 

 

 

 

 

 

BONDS - 96.7%

 

 

 

 

 

 

 

 

 

 

 

 

CORPORATE BONDS - 38.2%

 

 

 

 

 

 

 

 

 

 

AUTOMOBILES & COMPONENTS - 0.4%

 

 

 

 

 

 

 

 

 

EUR

950,000

 

g

Adient Global Holdings Ltd

 

 

3.500

08/15/24

 

1,030

EUR

500,000

 

 

Aptiv plc

 

 

1.500

03/10/25

 

553

EUR

500,000

 

g

Dana Financing Luxembourg Sarl

 

 

3.000

07/15/29

 

502

 

225,000

 

 

Dana, Inc

 

 

5.375

11/15/27

 

224

 

350,000

 

 

Dana, Inc

 

 

5.625

06/15/28

 

354

11,000,000

 

 

General Motors Co

 

 

6.125

10/01/25

 

11,809

5,600,000

 

 

General Motors Co

 

 

5.000

10/01/28

 

5,839

6,950,000

 

 

General Motors Co

 

 

6.600

04/01/36

 

8,071

6,500,000

 

 

General Motors Co

 

 

5.200

04/01/45

 

6,579

1,925,000

 

 

General Motors Co

 

 

6.750

04/01/46

 

2,318

4,025,000

 

 

Genuine Parts Co

 

 

2.750

02/01/32

 

3,694

3,575,000

 

g

Hyundai Capital Services, Inc

 

 

2.125

04/24/25

 

3,427

EUR 400,000

g,o

IHO Verwaltungs GmbH

 

 

3.750

09/15/26

 

429

8,675,000

 

 

Magna International, Inc

 

 

3.625

06/15/24

 

8,768

EUR 300,000

 

Volkswagen Bank GmbH

 

 

2.500

07/31/26

 

339

 

 

 

 

TOTAL AUTOMOBILES & COMPONENTS

 

 

 

 

 

 

 

53,936

BANKS - 8.0%

 

 

 

 

 

 

 

 

 

 

 

 

2,000,000

 

g

Akbank TAS

 

 

6.800

06/22/31

 

1,876

258

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,775,000

g

Banco de Credito del Peru

 

 

3.125%

 

07/01/30

 

$1,670

 

6,225,000

g

Banco de Credito e Inversiones S.A.

 

2.875

10/14/31

5,746

3,000,000

g

Banco del Estado de Chile

 

2.704

01/09/25

2,973

300,000

g

Banco General S.A.

 

4.125

08/07/27

306

3,800,000

g

Banco Internacional del Peru SAA Interbank

 

3.375

01/18/23

3,811

3,225,000

g

Banco Santander Mexico S.A. Institucion de Banca Multiple

 

5.375

04/17/25

3,365

 

 

Grupo Financiero Santand

 

 

 

 

 

 

 

 

6,600,000

 

Banco Santander S.A.

 

1.722

09/14/27

5,961

3,800,000

 

Banco Santander S.A.

 

3.800

02/23/28

3,739

1,400,000

 

Banco Santander S.A.

 

3.225

11/22/32

1,257

600,000

 

Banco Santander S.A.

 

7.500

 

N/A‡

622

4,350,000

 

Bancolombia S.A.

 

3.000

01/29/25

4,231

2,650,000

 

Bancolombia S.A.

 

4.625

12/18/29

2,551

3,010,000

g

Bangkok Bank PCL

 

3.466

09/23/36

2,713

2,750,000

g

Banistmo S.A.

 

4.250

07/31/27

2,674

8,100,000

g

Bank Hapoalim BM

 

3.255

01/21/32

7,452

6,300,000

g

Bank Leumi Le-Israel BM

 

3.275

01/29/31

5,827

5,700,000

 

Bank of America Corp

 

3.004

12/20/23

5,714

EUR 400,000

 

Bank of America Corp

 

1.375

03/26/25

447

10,000,000

 

Bank of America Corp

 

3.384

04/02/26

9,987

EUR 300,000

 

Bank of America Corp

 

1.776

05/04/27

334

5,500,000

 

Bank of America Corp

 

1.734

07/22/27

5,108

17,250,000

 

Bank of America Corp

 

3.824

01/20/28

17,449

37,450,000

 

Bank of America Corp

 

2.496

02/13/31

34,423

55,925,000

 

Bank of America Corp

 

2.592

04/29/31

51,595

39,000,000

 

Bank of America Corp

 

1.922

10/24/31

33,878

16,250,000

 

Bank of America Corp

 

2.299

07/21/32

14,463

13,200,000

 

Bank of America Corp

 

3.846

03/08/37

12,641

6,475,000

 

Bank of America Corp

 

2.676

06/19/41

5,467

18,000,000

 

Bank of America Corp

 

4.083

03/20/51

18,627

3,000,000

 

Bank of America Corp

 

6.100

 

N/A‡

3,129

5,000,000

 

Bank of America Corp

 

6.250

 

N/A‡

5,169

2,975,000

 

Bank of Montreal

 

3.803

12/15/32

2,940

EUR 400,000

 

Barclays plc

 

0.625

11/14/23

444

10,000,000

 

Barclays plc

 

3.932

05/07/25

10,081

1,700,000

 

Barclays plc

 

2.279

11/24/27

1,578

6,075,000

 

Barclays plc

 

3.330

11/24/42

5,284

5,600,000

g

BNP Paribas S.A.

 

1.904

09/30/28

5,013

5,000,000

g

BNP Paribas S.A.

 

2.159

09/15/29

4,448

5,100,000

g

BNP Paribas S.A.

 

2.588

08/12/35

4,427

4,200,000

e,g

CIMB Bank Bhd

 

2.125

07/20/27

3,971

 

2,950,000

 

Citigroup, Inc

 

2.700

10/27/22

2,966

 

8,500,000

 

Citigroup, Inc

 

3.875

03/26/25

8,612

 

36,375,000

 

Citigroup, Inc

 

3.200

10/21/26

36,088

 

6,575,000

 

Citigroup, Inc

 

4.300

11/20/26

6,762

 

13,835,000

 

Citigroup, Inc

 

4.450

09/29/27

14,270

 

7,000,000

 

Citigroup, Inc

 

4.125

07/25/28

7,106

 

16,750,000

 

Citigroup, Inc

 

2.666

01/29/31

15,519

 

7,125,000

 

Citigroup, Inc

 

2.572

06/03/31

6,527

 

38,100,000

 

Citigroup, Inc

 

2.520

11/03/32

34,182

 

4,000,000

 

Citigroup, Inc

 

6.300

 

N/A‡

4,016

 

5,000,000

 

Citigroup, Inc

 

5.000

 

N/A‡

4,950

 

10,250,000

 

Cooperatieve Rabobank UA

 

3.750

07/21/26

10,188

 

EUR 200,000

 

Cooperatieve Rabobank UA

 

3.250

 

N/A‡

210

 

4,125,000

g

Credicorp Ltd

 

2.750

06/17/25

3,971

 

6,100,000

g

Credit Agricole S.A.

 

4.125

01/10/27

6,159

 

2,450,000

g

DBS Group Holdings Ltd

 

4.520

12/11/28

2,499

 

2,975,000

g

Development Bank of Kazakhstan JSC

 

2.950

05/06/31

2,430

 

8,200,000

 

Discover Bank

 

2.450

09/12/24

8,056

 

8,455,000

 

Discover Bank

 

3.450

07/27/26

8,406

 

4,575,000

 

Discover Bank

 

2.700

02/06/30

4,187

 

3,325,000

g

Grupo Aval Ltd

 

4.375

02/04/30

2,879

 

2,880,000

e,g

Hana Bank

 

3.500

 

N/A‡

2,742

 

9,925,000

 

HSBC Holdings plc

 

4.292

09/12/26

10,053

 

259

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$1,250,000

 

HSBC Holdings plc

 

 

4.375%

 

11/23/26

 

$1,273

23,250,000

 

HSBC Holdings plc

 

2.251

11/22/27

21,663

6,200,000

 

HSBC Holdings plc

 

2.013

09/22/28

5,622

20,675,000

 

HSBC Holdings plc

 

2.206

08/17/29

18,596

5,125,000

 

HSBC Holdings plc

 

3.973

05/22/30

5,127

7,000,000

 

Huntington Bancshares, Inc

 

5.625

 

N/A‡

7,291

2,125,000

g

Intercorp Financial Services, Inc

 

4.125

10/19/27

1,998

200,000

g

Intesa Sanpaolo S.p.A

 

4.198

06/01/32

177

4,850,000

 

JPMorgan Chase & Co

 

2.700

05/18/23

4,869

31,125,000

 

JPMorgan Chase & Co

 

2.301

10/15/25

30,483

4,100,000

 

JPMorgan Chase & Co

 

2.005

03/13/26

3,953

14,900,000

 

JPMorgan Chase & Co

 

3.200

06/15/26

14,980

EUR 600,000

 

JPMorgan Chase & Co

 

1.638

05/18/28

663

12,000,000

 

JPMorgan Chase & Co

 

4.203

07/23/29

12,410

23,700,000

 

JPMorgan Chase & Co

 

3.702

05/06/30

23,826

9,960,000

 

JPMorgan Chase & Co

 

4.493

03/24/31

10,557

12,600,000

 

JPMorgan Chase & Co

 

2.522

04/22/31

11,680

2,125,000

 

JPMorgan Chase & Co

 

2.956

05/13/31

1,988

30,075,000

 

JPMorgan Chase & Co

 

1.953

02/04/32

26,346

32,500,000

 

JPMorgan Chase & Co

 

2.963

01/25/33

30,639

27,075,000

 

JPMorgan Chase & Co

 

3.157

04/22/42

24,545

6,250,000

 

JPMorgan Chase & Co

 

3.650

 

N/A‡

5,844

5,500,000

 

JPMorgan Chase & Co

 

5.000

 

N/A‡

5,482

11,100,000

 

JPMorgan Chase & Co

 

6.100

 

N/A‡

11,378

GBP 500,000

 

Lloyds Banking Group plc

 

1.985

12/15/31

612

5,950,000

 

M&T Bank Corp

 

3.500

 

N/A‡

5,347

3,675,000

g

Mizrahi Tefahot Bank Ltd

 

3.077

04/07/31

3,409

8,850,000

 

Natwest Group plc

 

3.032

11/28/35

7,852

10,225,000

g

NBK SPC Ltd

 

1.625

09/15/27

9,381

3,100,000

g

Oversea-Chinese Banking Corp Ltd

 

1.832

09/10/30

2,918

6,000,000

 

PNC Financial Services Group, Inc

 

3.900

04/29/24

6,138

7,465,000

 

PNC Financial Services Group, Inc

 

3.400

 

N/A‡

6,722

CNY 8,000,000

 

QNB Finance Ltd

 

3.150

02/04/26

1,225

11,800,000

 

Royal Bank of Canada

 

2.550

07/16/24

11,747

6,325,000

 

Royal Bank of Scotland Group plc

 

3.073

05/22/28

6,071

8,625,000

 

Santander Holdings USA, Inc

 

3.400

01/18/23

8,677

3,675,000

 

Sumitomo Mitsui Financial Group, Inc

 

2.778

10/18/22

3,697

11,050,000

 

Sumitomo Mitsui Financial Group, Inc

 

2.696

07/16/24

10,943

5,385,000

 

SVB Financial Group

 

4.100

 

N/A‡

4,577

2,350,000

 

Toronto-Dominion Bank

 

3.625

09/15/31

2,359

5,000,000

 

Truist Financial Corp

 

4.000

05/01/25

5,131

5,000,000

 

Truist Financial Corp

 

4.950

 

N/A‡

5,120

9,000,000

 

Truist Financial Corp

 

4.800

 

N/A‡

8,843

3,050,000

g

Turkiye Vakiflar Bankasi TAO

 

5.500

10/01/26

2,768

3,065,000

g

UBS Group AG.

 

3.179

02/11/43

2,723

450,000

g

UniCredit S.p.A

 

2.569

09/22/26

416

3,000,000

g

United Overseas Bank Ltd

 

1.250

04/14/26

2,800

2,350,000

g

United Overseas Bank Ltd

 

3.750

04/15/29

2,361

3,500,000

g

United Overseas Bank Ltd

 

2.000

10/14/31

3,247

GBP 500,000

 

Virgin Money UK plc

 

3.375

04/24/26

654

8,400,000

 

Wells Fargo & Co

 

3.750

01/24/24

8,553

5,300,000

 

Wells Fargo & Co

 

3.550

09/29/25

5,369

14,075,000

 

Wells Fargo & Co

 

3.526

03/24/28

14,047

19,000,000

 

Wells Fargo & Co

 

2.393

06/02/28

17,966

8,500,000

 

Wells Fargo & Co

 

5.875

 

N/A‡

8,881

6,000,000

 

Wells Fargo & Co

 

5.900

 

N/A‡

6,045

10,000,000

 

Wells Fargo & Co

 

3.900

 

N/A‡

9,586

4,521,000

 

Westpac Banking Corp

 

2.668

11/15/35

 

3,948

 

 

TOTAL BANKS

 

 

 

 

 

997,692

CAPITAL GOODS - 1.3%

 

 

 

 

 

 

 

 

 

 

3,250,000

 

Air Lease Corp

 

3.125

12/01/30

3,005

EUR 400,000

 

Airbus SE

 

2.375

06/09/40

448

26,650,000

 

Boeing Co

 

2.196

02/04/26

25,195

260

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$5,350,000

 

Boeing Co

 

 

 

3.250%

 

02/01/28

 

$5,154

 

8,350,000

 

Boeing Co

 

 

2.950

02/01/30

 

7,737

3,352,000

 

Boeing Co

 

 

3.250

02/01/35

 

2,993

24,000,000

 

Boeing Co

 

 

5.805

05/01/50

 

27,714

200,000

g

DAE Funding LLC

3.375

03/20/28

 

187

3,000,000

g

Embraer Netherlands Finance BV

6.950

01/17/28

 

3,172

3,075,000

g

H&E Equipment Services, Inc

3.875

12/15/28

 

2,883

EUR 500,000

 

Honeywell International, Inc

0.000

03/10/24

 

546

6,200,000

 

Ingersoll-Rand Luxembourg Finance S.A.

3.800

03/21/29

 

6,302

3,000,000

g

Korea East-West Power Co Ltd

1.750

05/06/25

 

2,877

3,150,000

 

L3Harris Technologies, Inc

3.850

06/15/23

 

3,194

8,925,000

 

Northrop Grumman Corp

3.250

01/15/28

 

8,925

11,425,000

 

Parker-Hannifin

Corp

3.250

06/14/29

 

11,279

361,000

 

Raytheon Technologies Corp

3.650

08/16/23

 

366

16,850,000

 

Raytheon Technologies Corp

4.125

11/16/28

 

17,613

EUR 500,000

 

Raytheon Technologies Corp

2.150

05/18/30

 

552

6,600,000

 

Raytheon Technologies Corp

2.250

07/01/30

 

6,113

5,390,000

 

Raytheon Technologies Corp

4.500

06/01/42

 

5,943

325,000

g

Rolls-Royce plc

 

 

5.750

10/15/27

 

334

5,475,000

 

Roper Technologies, Inc

1.400

09/15/27

 

4,961

2,650,000

 

Roper Technologies, Inc

2.950

09/15/29

 

2,554

10,900,000

 

Roper Technologies, Inc

2.000

06/30/30

 

9,677

EUR 800,000

 

Thermo Fisher Scientific Finance I BV

0.800

10/18/30

 

825

4,000,000

g

TSMC Global Ltd

1.000

09/28/27

 

3,514

300,000

g

WESCO Distribution, Inc

7.250

06/15/28

 

319

 

 

TOTAL CAPITAL GOODS

 

 

 

 

 

164,382

COMMERCIAL & PROFESSIONAL SERVICES - 0.2%

 

 

 

 

 

 

 

 

 

EUR 250,000

g

Allied Universal Holdco LLC

3.625

06/01/28

 

253

325,000

g

ASGN, Inc

 

 

4.625

05/15/28

 

317

925,000

g

Booz Allen Hamilton, Inc

3.875

09/01/28

 

893

750,000

g

GFL Environmental, Inc

4.250

06/01/25

 

745

1,000,000

g

GFL Environmental, Inc

3.750

08/01/25

 

982

2,350,000

g

Prime Security Services Borrower LLC

5.250

04/15/24

 

2,406

2,000,000

g

Prime Security Services Borrower LLC

5.750

04/15/26

 

2,040

1,325,000

g

Prime Security Services Borrower LLC

3.375

08/31/27

 

1,212

725,000

g

Prime Security Services Borrower LLC

6.250

01/15/28

 

709

EUR 500,000

 

RELX Capital, Inc

1.300

05/12/25

 

556

7,971,000

 

Republic Services, Inc

2.900

07/01/26

 

7,911

1,250,000

 

Verisk Analytics, Inc

4.125

03/15/29

 

1,289

9,650,000

 

Waste Management, Inc

2.900

09/15/22

 

9,674

3,550,000

 

Waste Management, Inc

2.500

11/15/50

 

2,861

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

31,848

CONSUMER DURABLES & APPAREL - 0.0%

 

 

 

 

 

 

 

 

 

 

1,600,000

 

Leggett & Platt, Inc

4.400

03/15/29

 

1,662

149,000

 

Newell Brands, Inc

4.875

06/01/25

 

154

 

 

TOTAL CONSUMER DURABLES & APPAREL

 

 

 

 

 

1,816

CONSUMER SERVICES - 0.9%

 

 

 

 

 

 

 

 

 

 

 

9,820,000

 

Amherst College

 

 

4.100

11/01/45

 

10,284

29,085,000

 

Anheuser-Busch Cos LLC

3.650

02/01/26

 

29,725

14,500,000

 

Anheuser-Busch Cos LLC

4.900

02/01/46

 

16,126

1,825,000

g

Cedar Fair LP

 

 

5.500

05/01/25

 

1,874

3,800,000

g

ENA Master Trust

4.000

05/19/48

 

3,567

125,000

g

Hilton Domestic Operating Co, Inc

5.750

05/01/28

 

129

1,610,000

g

International Game Technology plc

6.500

02/15/25

 

1,688

EUR 500,000

g

International Game Technology plc

3.500

06/15/26

 

556

8,000,000

 

President and Fellows of Harvard College

3.529

10/01/31

 

8,307

14,250,000

 

President and Fellows of Harvard College

3.619

10/01/37

 

14,942

1,000,000

g

Sands China Ltd

2.550

03/08/27

 

869

2,100,000

 

Sands China Ltd

5.400

08/08/28

 

2,059

EUR 500,000

g

Scientific Games International, Inc

3.375

02/15/26

 

562

15,000,000

 

Smith College

 

 

4.620

07/01/45

 

16,837

261

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$1,125,000

g

Wynn Macau Ltd

 

 

5.500%

 

01/15/26

 

$1,024

 

 

TOTAL CONSUMER SERVICES

 

 

 

 

 

 

108,549

DIVERSIFIED FINANCIALS - 3.7%

 

 

 

 

 

 

 

 

 

8,975,000

 

AerCap Ireland Capital DAC

 

1.750

01/30/26

 

8,234

13,300,000

 

AerCap Ireland Capital DAC

 

2.450

10/29/26

 

12,302

6,500,000

 

AerCap Ireland Capital DAC

 

3.650

07/21/27

 

6,298

3,144,000

 

AerCap Ireland Capital DAC

 

3.000

10/29/28

 

2,899

3,650,000

 

AerCap Ireland Capital DAC

 

3.300

01/30/32

 

3,290

2,250,000

 

AerCap Ireland Capital DAC

 

3.850

10/29/41

 

1,973

4,000,000

 

American Express Co

 

3.700

08/03/23

 

4,074

2,775,000

g

American Express Co

 

3.300

05/03/27

 

2,788

7,500,000

 

American Express Co

 

3.550

 

N/A‡

6,835

EUR 425,000

 

American Honda Finance Corp

 

1.950

10/18/24

 

482

2,900,000

g

B3 S.A.-Brasil Bolsa Balcao

 

4.125

09/20/31

 

2,613

6,000,000

g

Banco BTG Pactual S.A.

 

2.750

01/11/26

 

5,535

3,125,000

g

Banco de Chile

 

2.990

12/09/31

 

2,882

10,000,000

 

Bank of New York Mellon Corp

 

4.700

 

N/A‡

10,240

300,000

g

BBVA Bancomer S.A.

 

5.350

11/12/29

 

299

1,500,000

g

BBVA Bancomer S.A.

 

5.125

01/18/33

 

1,416

2,099,000

g

BPCE S.A.

 

4.625

07/11/24

 

2,137

20,775,000

 

Capital One Bank USA NA

 

3.375

02/15/23

 

20,931

EUR 150,000

 

Capital One Financial Corp

 

0.800

06/12/24

 

165

6,635,000

 

Capital One Financial Corp

 

3.950

 

N/A‡

6,171

EUR 100,000

 

Celanese US Holdings LLC

 

0.625

09/10/28

 

96

7,000,000

 

Charles Schwab Corp

 

5.375

 

N/A‡

7,210

6,250,000

 

Community Preservation Corp

 

2.867

02/01/30

 

5,941

2,950,000

g

Credit Suisse Group AG.

 

2.193

06/05/26

 

2,770

10,275,000

g

Credit Suisse Group AG.

 

1.305

02/02/27

 

9,222

GBP 300,000

 

Credit Suisse Group AG.

 

2.250

06/09/28

 

370

7,700,000

 

Credit Suisse Group Funding Guernsey Ltd

 

3.800

06/09/23

 

7,771

10,250,000

 

Credit Suisse Group Funding Guernsey Ltd

 

3.750

03/26/25

 

10,212

GBP 300,000

 

Danske Bank A.S.

 

2.250

01/14/28

 

377

6,850,000

 

Deutsche Bank AG.

 

2.311

11/16/27

 

6,277

5,700,000

 

Deutsche Bank AG.

 

3.035

05/28/32

 

5,122

600,000

 

Deutsche Bank AG.

 

3.742

01/07/33

 

530

3,543,000

 

Equitable Holdings, Inc

 

4.950

 

N/A‡

3,481

4,000,000

 

Ford Motor Credit Co LLC

 

3.096

05/04/23

 

3,995

35,581,000

 

GE Capital International Funding Co

 

4.418

11/15/35

 

38,207

20,000,000

 

General Motors Financial Co, Inc

 

2.750

06/20/25

 

19,425

EUR 500,000

 

General Motors Financial Co, Inc

 

0.600

05/20/27

 

506

5,475,000

 

General Motors Financial Co, Inc

 

5.650

01/17/29

 

5,920

36,000,000

 

General Motors Financial Co, Inc

 

2.700

06/10/31

 

31,699

5,450,000

 

General Motors Financial Co, Inc

 

5.700

 

N/A‡

5,710

12,825,000

 

Goldman Sachs Group, Inc

 

3.500

04/01/25

 

12,921

EUR 825,000

 

Goldman Sachs Group, Inc

 

1.625

07/27/26

 

914

32,200,000

 

Goldman Sachs Group, Inc

 

2.640

02/24/28

 

30,787

6,875,000

 

Goldman Sachs Group, Inc

 

1.992

01/27/32

 

5,956

13,425,000

 

Goldman Sachs Group, Inc

 

2.615

04/22/32

 

12,201

4,700,000

 

Goldman Sachs Group, Inc

 

4.017

10/31/38

 

4,749

6,325,000

 

Goldman Sachs Group, Inc

 

4.800

07/08/44

 

7,013

1,500,000

 

Goldman Sachs Group, Inc

 

4.125

 

N/A‡

1,407

1,500,000

 

Goldman Sachs Group, Inc

 

3.800

 

N/A‡

1,390

200,000

g

Indian Railway Finance Corp Ltd

 

3.249

02/13/30

 

187

3,600,000

g

Indian Railway Finance Corp Ltd

 

2.800

02/10/31

 

3,194

5,000,000

 

International Lease Finance Corp

 

5.875

08/15/22

 

5,061

2,000,000

g

Kookmin Bank

 

2.125

02/15/25

 

1,951

MXN 7,800,000

 

Kreditanstalt fuer Wiederaufbau

 

4.400

07/25/25

 

343

1,305,000

 

Legg Mason, Inc

 

3.950

07/15/24

 

1,332

3,000,000

g

Minejesa Capital BV

 

4.625

08/10/30

 

2,843

10,000,000

 

Morgan Stanley

 

2.188

04/28/26

 

9,660

31,425,000

 

Morgan Stanley

 

3.125

07/27/26

 

31,154

EUR 700,000

 

Morgan Stanley

 

1.342

10/23/26

 

772

6,200,000

 

Morgan Stanley

 

1.512

07/20/27

 

5,699

262

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$9,300,000

 

Morgan Stanley

 

 

2.699%

 

01/22/31

 

$8,727

 

4,900,000

 

Morgan Stanley

 

1.794

02/13/32

 

4,214

1,675,000

 

Morgan Stanley

 

1.928

04/28/32

 

1,448

5,450,000

 

Morgan Stanley

 

2.239

07/21/32

 

4,829

4,440,000

 

Northern Trust Corp

 

4.600

 

N/A‡

4,451

3,350,000

e,g

Power Finance Corp Ltd

 

3.950

04/23/30

 

3,201

 

2,025,000

g

Societe Generale S.A.

 

2.889

06/09/32

 

1,815

 

4,125,000

g

Societe Generale S.A.

 

4.027

01/21/43

 

3,586

 

550,000

 

Springleaf Finance Corp

 

5.375

11/15/29

 

534

 

5,600,000

g

Swiss Re Finance Luxembourg SA

 

5.000

04/02/49

 

5,796

 

5,519,000

 

Synchrony Financial

 

4.250

08/15/24

 

5,596

 

3,800,000

 

Synchrony Financial

 

3.950

12/01/27

 

3,763

 

8,295,000

 

Voya Financial, Inc

 

5.650

05/15/53

 

8,337

 

 

 

 

TOTAL DIVERSIFIED FINANCIALS

 

 

 

 

 

 

462,236

 

ENERGY - 3.5%

 

 

 

 

 

 

 

 

 

 

1,050,000

 

AmeriGas Partners LP

 

5.875

08/20/26

 

1,047

 

6,750,000

 

Cenovus Energy, Inc

 

4.250

04/15/27

 

6,965

 

1,625,000

e

Cenovus Energy, Inc

 

2.650

01/15/32

 

1,472

 

5,000,000

 

Cenovus Energy, Inc

 

5.400

06/15/47

 

5,630

 

6,700,000

 

Diamondback Energy, Inc

 

3.125

03/24/31

 

6,399

 

4,625,000

 

Diamondback Energy, Inc

 

4.250

03/15/52

 

4,571

 

5,250,000

 

Ecopetrol S.A.

 

5.375

06/26/26

 

5,313

 

2,000,000

 

Ecopetrol S.A.

 

6.875

04/29/30

 

2,099

 

2,125,000

 

Ecopetrol S.A.

 

4.625

11/02/31

 

1,923

 

3,000,000

g

Empresa Nacional del Petroleo

 

5.250

11/06/29

 

3,124

 

2,975,000

g

Empresa Nacional del Petroleo

 

3.450

09/16/31

 

2,728

 

15,418,000

 

Enbridge, Inc

 

3.125

11/15/29

 

14,941

 

3,650,000

 

Enbridge, Inc

 

3.400

08/01/51

 

3,235

 

2,624,000

g

Energean Israel Finance Ltd

 

4.500

03/30/24

 

2,596

 

6,421,000

 

Energy Transfer Operating LP

 

3.600

02/01/23

 

6,458

 

5,930,000

 

Energy Transfer Operating LP

 

4.200

09/15/23

 

6,008

 

4,575,000

 

Energy Transfer Operating LP

 

2.900

05/15/25

 

4,475

 

4,725,000

 

Energy Transfer Operating LP

 

4.750

01/15/26

 

4,910

 

2,950,000

 

Energy Transfer Operating LP

 

5.500

06/01/27

 

3,170

 

7,850,000

 

Energy Transfer Operating LP

 

4.950

06/15/28

 

8,244

 

4,225,000

 

Energy Transfer Operating LP

 

5.250

04/15/29

 

4,508

 

8,700,000

 

Energy Transfer Operating LP

 

6.250

04/15/49

 

9,983

 

9,125,000

 

Energy Transfer Operating LP

 

5.000

05/15/50

 

9,233

 

5,125,000

 

Enterprise Products Operating LLC

 

3.700

02/15/26

 

5,191

 

6,275,000

 

Enterprise Products Operating LLC

 

3.125

07/31/29

 

6,162

 

700,000

 

Enterprise Products Operating LLC

 

2.800

01/31/30

 

673

4,025,000

 

Enterprise Products Operating LLC

 

4.250

02/15/48

 

4,041

6,200,000

 

Enterprise Products Operating LLC

 

4.200

01/31/50

 

6,152

10,600,000

 

Enterprise Products Operating LLC

 

3.700

01/31/51

 

9,699

11,000,000

 

Enterprise Products Operating LLC

 

3.300

02/15/53

 

9,385

1,225,000

g

EQM Midstream Partners LP

 

6.000

07/01/25

 

1,250

3,334,000

g

Galaxy Pipeline Assets Bidco Ltd

 

2.160

03/31/34

 

3,064

3,300,000

g

Galaxy Pipeline Assets Bidco Ltd

 

2.625

03/31/36

 

2,962

 

EUR 300,000

g

Gazprom PJSC via Gaz Finance plc

 

1.850

11/17/28

 

126

3,475,000

g

KazTransGas JSC

 

4.375

09/26/27

 

3,126

3,225,000

 

Kinder Morgan Energy Partners LP

 

5.400

09/01/44

 

3,472

6,775,000

 

Magellan Midstream Partners LP

 

3.250

06/01/30

 

6,595

9,075,000

 

Marathon Petroleum Corp

 

3.800

04/01/28

 

9,131

6,235,000

 

Marathon Petroleum Corp

 

4.750

09/15/44

 

6,340

5,500,000

 

Marathon Petroleum Corp

 

5.000

09/15/54

 

5,608

725,000

g

MEG Energy Corp

 

5.875

02/01/29

 

735

8,950,000

 

MPLX LP

 

1.750

03/01/26

 

8,386

25,450,000

 

MPLX LP

 

2.650

08/15/30

 

23,320

6,150,000

 

MPLX LP

 

4.700

04/15/48

 

6,195

275,000

 

Murphy Oil Corp

 

5.875

12/01/27

 

280

1,000,000

 

NAK Naftogaz Ukraine via Kondor Finance plc

 

7.375

07/19/22

 

338

2,200,000

 

Occidental Petroleum Corp

 

5.550

03/15/26

 

2,332

3,900,000

 

Occidental Petroleum Corp

 

4.300

08/15/39

 

3,685

263

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$1,350,000

 

g

Oleoducto Central S.A.

 

 

4.000%

 

07/14/27

 

$1,272

1,775,000

 

 

ONEOK, Inc

 

4.000

07/13/27

 

1,790

11,642,000

 

 

ONEOK, Inc

 

4.550

07/15/28

 

11,962

12,150,000

 

 

ONEOK, Inc

 

4.350

03/15/29

 

12,406

5,500,000

 

 

ONEOK, Inc

 

4.500

03/15/50

 

5,261

315,000

 

g

Parkland Corp

 

4.625

05/01/30

 

293

500,000

 

g

Parkland Fuel Corp

 

5.875

07/15/27

 

499

3,000,000

 

g

Pertamina Persero PT

 

4.300

05/20/23

 

3,036

2,800,000

 

g

Pertamina Persero PT

 

1.400

02/09/26

 

2,580

1,425,000

 

g

Pertamina Persero PT

 

3.650

07/30/29

 

1,405

1,200,000

 

 

Petrobras Global Finance BV

 

5.999

01/27/28

 

1,259

1,100,000

 

 

Petrobras Global Finance BV

 

5.093

01/15/30

 

1,099

4,000,000

 

 

Petrobras Global Finance BV

 

5.600

01/03/31

 

4,050

560,000

 

 

Petrobras Global Finance BV

 

7.250

03/17/44

 

584

350,000

 

e

Petrobras Global Finance BV

 

5.500

06/10/51

 

300

EUR 375,000

 

Petroleos Mexicanos

 

1.875

04/21/22

 

414

2,000,000

 

 

Petroleos Mexicanos

 

1.950

12/20/22

 

2,000

1,070,000

 

 

Petroleos Mexicanos

 

2.000

12/20/22

 

1,070

1,600,000

 

 

Petroleos Mexicanos

 

6.840

01/23/30

 

1,592

5,300,000

 

 

Petroleos Mexicanos

 

5.950

01/28/31

 

4,892

5,481,000

 

 

Petroleos Mexicanos

 

6.700

02/16/32

 

5,207

1,100,000

 

g

Petronas Capital Ltd

 

3.500

04/21/30

 

1,119

4,375,000

 

g

Petronas Energy Canada Ltd

 

2.112

03/23/28

 

4,092

15,400,000

 

 

Phillips 66

 

2.150

12/15/30

 

13,679

4,300,000

 

 

Phillips 66

 

3.300

03/15/52

 

3,785

2,375,000

 

 

Phillips 66 Partners LP

 

4.680

02/15/45

 

2,529

475,000

 

 

Plains All American Pipeline LP

 

3.800

09/15/30

 

466

1,900,000

 

g

PTTEP Treasury Center Co Ltd

 

2.587

06/10/27

 

1,815

1,200,000

 

 

Regency Energy Partners LP

 

4.500

11/01/23

 

1,218

2,416,005

 

g

Rio Oil Finance Trust

 

8.200

04/06/28

 

2,597

1,500,000

 

g

S.A. Global Sukuk Ltd

 

0.946

06/17/24

 

1,434

9,875,000

 

 

Sabine Pass Liquefaction LLC

 

4.200

03/15/28

 

10,140

10,200,000

 

 

Sabine Pass Liquefaction LLC

 

4.500

05/15/30

 

10,667

2,200,000

 

g

Santos Finance Ltd

 

3.649

04/29/31

 

2,056

4,000,000

 

g

Saudi Arabian Oil Co

 

2.250

11/24/30

 

3,663

3,000,000

 

g

Saudi Arabian Oil Co

 

3.250

11/24/50

 

2,566

5,325,000

 

 

Shell International Finance BV

 

3.125

11/07/49

 

4,843

6,500,000

 

 

Sunoco Logistics Partners Operations LP

 

4.000

10/01/27

 

6,542

1,925,000

 

 

Sunoco Logistics Partners Operations LP

 

5.400

10/01/47

 

2,015

4,600,000

 

h

Targa Resources Corp

 

4.200

02/01/33

 

4,642

4,550,000

 

h

Targa Resources Corp

 

4.950

04/15/52

 

4,636

425,000

 

 

Targa Resources Partners LP

 

6.500

07/15/27

 

447

4,300,000

 

g

Thaioil Treasury Center Co Ltd

 

2.500

06/18/30

 

3,687

11,000,000

 

 

Total Capital International S.A.

 

3.127

05/29/50

 

10,036

13,800,000

 

 

TransCanada PipeLines Ltd

 

4.250

05/15/28

 

14,338

1,400,000

 

 

Vale Overseas Ltd

 

6.250

08/10/26

 

1,537

11,775,000

 

 

Williams Cos, Inc

 

2.600

03/15/31

 

10,843

 

 

 

TOTAL ENERGY

 

 

 

 

 

 

435,643

FOOD & STAPLES RETAILING - 0.2%

 

 

 

 

 

 

 

 

 

5,025,000

 

 

Costco Wholesale Corp

 

1.600

04/20/30

 

4,503

2,115,000

 

 

Kroger Co

 

3.875

10/15/46

 

2,079

EUR 1,000,000

 

SYSCO Corp

 

1.250

06/23/23

 

1,114

6,700,000

 

 

SYSCO Corp

 

3.150

12/14/51

 

5,714

770,000

 

 

Walmart, Inc

 

2.375

09/24/29

 

744

8,500,000

 

 

Walmart, Inc

 

1.800

09/22/31

 

7,732

5,525,000

 

 

Walmart, Inc

 

2.500

09/22/41

 

4,907

 

 

 

TOTAL FOOD & STAPLES RETAILING

 

 

 

 

 

 

26,793

FOOD, BEVERAGE & TOBACCO - 1.1%

 

 

 

 

 

 

 

 

 

4,725,000

 

 

Altria Group, Inc

 

5.950

02/14/49

 

5,115

2,600,000

 

g

Anadolu Efes Biracilik Ve Malt Sanayii AS.

 

3.375

06/29/28

 

2,084

18,600,000

 

 

Anheuser-Busch InBev Worldwide, Inc

 

4.750

01/23/29

 

20,166

5,045,000

 

 

Anheuser-Busch InBev Worldwide, Inc

 

4.439

10/06/48

 

5,281

264

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$6,275,000

 

BAT Capital Corp

 

 

 

2.259%

 

03/25/28

 

$5,630

 

13,800,000

 

BAT Capital Corp

 

 

4.906

04/02/30

 

14,215

5,975,000

 

BAT Capital Corp

 

 

2.726

03/25/31

 

5,266

 

GBP 200,000

 

BAT International Finance plc

4.000

09/04/26

 

267

13,200,000

 

BAT International Finance plc

4.448

03/16/28

 

13,228

1,000,000

e,g

BRF S.A.

 

 

5.750

09/21/50

 

880

 

3,875,000

g

Cia Cervecerias Unidas S.A.

3.350

01/19/32

 

3,683

 

4,000,000

g

Coca-Cola Icecek AS.

4.500

01/20/29

 

3,753

 

1,700,000

 

Constellation Brands, Inc

4.400

11/15/25

 

1,754

 

2,675,000

 

Constellation Brands, Inc

3.700

12/06/26

 

2,698

 

3,225,000

 

Constellation Brands, Inc

3.150

08/01/29

 

3,114

 

6,900,000

 

Constellation Brands, Inc

2.875

05/01/30

 

6,472

 

22,175,000

 

Constellation Brands, Inc

2.250

08/01/31

 

19,526

 

2,250,000

g

Corp Lindley S.A.

 

 

4.625

04/12/23

 

2,273

 

4,500,000

 

Diageo Capital plc

1.375

09/29/25

 

4,262

 

8,050,000

 

Diageo Capital plc

2.375

10/24/29

 

7,621

 

3,900,000

 

Diageo Capital plc

2.000

04/29/30

 

3,556

 

2,500,000

g

Grupo Bimbo SAB de C.V.

4.700

11/10/47

 

2,557

 

2,400,000

g

Grupo Bimbo SAB de C.V.

5.950

 

N/A‡

2,448

 

2,050,000

g

Post Holdings, Inc

4.625

04/15/30

 

1,846

 

3,500,000

g

Sigma Alimentos S.A. de C.V.

4.125

05/02/26

 

3,526

 

 

GBP 300,000

 

Tesco Corporate Treasury Services plc

2.750

04/27/30

 

381

 

 

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

 

 

 

 

 

141,602

 

HEALTH CARE EQUIPMENT & SERVICES - 1.7%

 

 

 

 

 

 

 

 

 

1,500,000

 

Abbott Laboratories

5.300

05/27/40

 

1,827

 

13,500,000

 

Anthem, Inc

 

 

2.250

05/15/30

 

12,387

 

 

EUR 430,000

 

Becton Dickinson & Co

1.401

05/24/23

 

481

 

3,200,000

 

Boston Scientific

Corp

2.650

06/01/30

 

3,003

 

3,285,000

 

Centene Corp

 

 

2.450

07/15/28

 

3,002

 

2,910,000

 

Centene Corp

 

 

3.000

10/15/30

 

2,673

 

19,230,000

 

Children's Hospital Medic

4.268

05/15/44

 

20,812

 

26,450,000

 

CVS Health Corp

 

 

3.750

04/01/30

 

26,913

 

33,500,000

 

CVS Health Corp

 

 

1.750

08/21/30

 

29,359

 

10,300,000

 

CVS Health Corp

 

 

4.780

03/25/38

 

11,256

 

4,675,000

 

CVS Health Corp

 

 

2.700

08/21/40

 

3,986

 

8,350,000

 

CVS Health Corp

 

 

5.050

03/25/48

 

9,456

 

3,750,000

 

CVS Health Corp

 

 

4.250

04/01/50

 

3,890

 

4,105,000

 

Dartmouth-Hitchcock Health

4.178

08/01/48

 

4,241

 

1,250,000

g

DaVita, Inc

 

 

4.625

06/01/30

 

1,167

 

4,225,000

 

HCA, Inc

 

 

5.625

09/01/28

 

4,568

 

5,000,000

 

HCA, Inc

 

 

5.500

06/15/47

 

5,642

6,500,000

 

HCA, Inc

 

 

3.500

07/15/51

 

5,636

3,500,000

g

Hologic, Inc

 

 

3.250

02/15/29

 

3,268

6,250,000

 

Humana, Inc

 

 

3.950

03/15/27

 

6,348

8,975,000

 

Humana, Inc

 

 

2.150

02/03/32

 

7,864

 

GBP 500,000

 

McKesson Corp

 

 

3.125

02/17/29

 

658

12,500,000

 

Mercy Health

 

 

3.382

11/01/25

 

12,480

5,000,000

 

New York and Presbyterian Hospital

3.563

08/01/36

 

4,932

 

EUR 450,000

 

Stryker Corp

 

 

2.625

11/30/30

 

522

375,000

g

Tenet Healthcare Corp

4.625

06/15/28

 

368

5,775,000

 

UnitedHealth Group, Inc

2.950

10/15/27

 

5,773

14,425,000

 

UnitedHealth Group, Inc

2.300

05/15/31

 

13,548

3,250,000

 

UnitedHealth Group, Inc

3.750

10/15/47

 

3,294

 

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

 

 

 

 

 

209,354

 

HOUSEHOLD & PERSONAL PRODUCTS - 0.0%

 

 

 

 

 

 

 

 

 

2,600,000

 

Church & Dwight Co, Inc

2.300

12/15/31

 

2,378

 

EUR 750,000

g

Coty, Inc

 

 

3.875

04/15/26

 

805

2,525,000

e,g

Natura Cosmeticos S.A.

4.125

05/03/28

 

2,431

 

 

EUR 600,000

 

The Procter & Gamble Company

0.625

10/30/24

 

666

 

 

EUR 400,000

 

The Procter & Gamble Company

1.875

10/30/38

 

455

 

 

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

 

 

 

 

 

6,735

 

265

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

INSURANCE - 1.3%

 

 

 

 

 

 

 

 

 

 

 

$825,000

g

Alliant Holdings Intermediate LLC

 

4.250%

10/15/27

 

$793

2,700,000

 

American Financial Group, Inc

 

3.500

08/15/26

 

2,725

6,350,000

 

Aon Corp

 

2.800

05/15/30

 

6,049

9,631,000

 

Aon plc

 

3.500

06/14/24

 

9,712

5,250,000

 

AXIS Specialty Finance LLC

 

4.900

01/15/40

 

5,119

1,800,000

 

Berkshire Hathaway Finance Corp

 

2.875

03/15/32

 

1,745

2,400,000

 

Berkshire Hathaway Finance Corp

 

4.250

01/15/49

 

2,628

16,000,000

 

Berkshire Hathaway Finance Corp

 

2.850

10/15/50

 

13,852

EUR

500,000

 

Chubb INA Holdings, Inc

 

1.550

03/15/28

 

547

EUR

450,000

 

Chubb INA Holdings, Inc

 

1.400

06/15/31

 

474

3,525,000

 

CNA Financial Corp

 

3.950

05/15/24

 

3,580

3,775,000

 

CNA Financial Corp

 

2.050

08/15/30

 

3,350

1,825,000

g

Equitable Financial Life Global Funding

 

1.400

07/07/25

 

1,713

EUR

250,000

g

Fairfax Financial Holdings Ltd

 

2.750

03/29/28

 

278

5,575,000

g

Five Corners Funding Trust

 

4.419

11/15/23

 

5,698

7,325,000

g

Five Corners Funding Trust II

 

2.850

05/15/30

 

6,942

3,000,000

g

Hanwha Life Insurance Co Ltd

 

3.379

02/04/32

 

2,876

26,158,000

 

Hartford Financial Services Group, Inc

 

2.800

08/19/29

 

24,880

1,350,000

 

Hartford Financial Services Group, Inc

 

4.300

04/15/43

 

1,357

2,500,000

 

Hartford Financial Services Group, Inc

 

2.900

09/15/51

 

2,056

6,200,000

g

HCA, Inc

 

3.625

03/15/32

 

6,076

EUR

750,000

 

Liberty Mutual Group, Inc

 

2.750

05/04/26

 

864

4,100,000

g

Liberty Mutual Group, Inc

 

3.951

10/15/50

 

3,878

1,365,000

 

Marsh & McLennan Cos, Inc

 

3.500

03/10/25

 

1,375

4,325,000

 

MetLife, Inc

 

3.600

11/13/25

 

4,412

11,820,000

 

MetLife, Inc

 

3.850

 

N/A‡

11,657

EUR

500,000

 

Metropolitan Life Global Funding I

 

0.550

06/16/27

 

524

11,875,000

 

PartnerRe Finance B LLC

 

4.500

10/01/50

 

11,459

6,000,000

 

Principal Financial Group, Inc

 

2.125

06/15/30

 

5,427

1,450,000

 

Prudential Financial, Inc

 

3.905

12/07/47

 

1,445

6,960,000

 

Prudential Financial, Inc

 

3.700

10/01/50

 

6,378

3,875,000

 

Prudential Financial, Inc

 

5.125

03/01/52

 

3,917

3,000,000

g

Prudential Funding LLC

 

6.750

09/15/23

 

3,146

4,150,000

 

Reinsurance Group of America, Inc

 

3.900

05/15/29

 

4,191

 

 

 

TOTAL INSURANCE

 

 

 

 

 

 

161,123

MATERIALS - 1.2%

 

 

 

 

 

 

 

 

 

 

1,925,000

g

Alpek SAB de C.V.

 

4.250

09/18/29

 

1,902

2,600,000

g

Alpek SAB de C.V.

 

3.250

02/25/31

 

2,369

12,550,000

 

Amcor Flexibles North America, Inc

 

2.690

05/25/31

 

11,522

2,600,000

g

Anglo American Capital plc

 

3.875

03/16/29

 

2,601

4,550,000

g

Anglo American Capital plc

 

2.625

09/10/30

 

4,126

4,300,000

 

AngloGold Ashanti Holdings plc

 

3.375

11/01/28

 

4,033

11,325,000

 

AngloGold Ashanti Holdings plc

 

3.750

10/01/30

 

10,595

EUR

500,000

g

Ardagh Metal Packaging Finance USA LLC

 

2.000

09/01/28

 

508

EUR

500,000

g

Ardagh Metal Packaging Finance USA LLC

 

3.000

09/01/29

 

492

EUR

200,000

g

Ashland Services BV

 

2.000

01/30/28

 

203

EUR

250,000

 

Ball Corp

 

4.375

12/15/23

 

291

EUR

425,000

 

Ball Corp

 

0.875

03/15/24

 

466

1,875,000

 

Ball Corp

 

2.875

08/15/30

 

1,681

 

852,000

 

Bemis Co, Inc

 

3.100

09/15/26

 

839

2,600,000

 

Bemis Co, Inc

 

2.630

06/19/30

 

2,396

14,250,000

 

Berry Global, Inc

 

1.570

01/15/26

 

13,275

 

200,000

 

Celulosa Arauco y Constitucion S.A.

 

3.875

11/02/27

 

202

3,000,000

g

Celulosa Arauco y Constitucion S.A.

 

4.250

04/30/29

 

2,986

1,650,000

e,g

Celulosa Arauco y Constitucion S.A.

 

4.200

01/29/30

 

1,654

2,000,000

g

Cemex SAB de C.V.

 

7.375

06/05/27

 

2,140

2,500,000

g

Cemex SAB de C.V.

 

5.450

11/19/29

 

2,528

2,925,000

g

Cemex SAB de C.V.

 

3.875

07/11/31

 

2,669

1,600,000

g

Cemex SAB de C.V.

 

5.125

 

N/A‡

1,570

7,200,000

g

Corp Nacional del Cobre de Chile

 

3.625

08/01/27

 

7,214

EUR 500,000

 

Dow Chemical Co

 

0.500

03/15/27

 

521

3,000,000

 

Freeport-McMoRan, Inc

 

5.450

03/15/43

 

3,360

266

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$2,400,000

g

Fresnillo plc

 

 

 

4.250%

 

10/02/50

 

$2,115

 

1,975,000

g

GCC SAB de C.V.

 

 

3.614

04/20/32

 

1,832

1,850,000

g

Gold Fields Orogen Holdings BVI Ltd

6.125

05/15/29

 

2,004

 

EUR 400,000

 

International Flavors & Fragrances, Inc

1.800

09/25/26

 

443

1,519,000

 

International Paper Co

4.350

08/15/48

 

1,590

3,000,000

g

Inversiones CMPC S.A.

4.375

04/04/27

 

3,138

3,600,000

e,g

Inversiones CMPC S.A.

3.000

04/06/31

 

3,245

 

3,525,000

g

Midwest Connector Capital Co LLC

4.625

04/01/29

 

3,562

 

1,100,000

 

Mosaic Co

 

 

4.875

11/15/41

 

1,161

 

4,000,000

 

Newmont Corp

 

 

2.250

10/01/30

 

3,656

 

4,850,000

 

Newmont Corp

 

 

2.600

07/15/32

 

4,462

 

7,500,000

 

Nutrien Ltd

 

 

2.950

05/13/30

 

7,234

 

1,920,000

g

OCI NV

 

 

4.625

10/15/25

 

1,934

 

875,000

g

OCP S.A.

 

 

3.750

06/23/31

 

793

 

 

EUR 250,000

g

OI European Group BV

3.125

11/15/24

 

275

 

 

EUR 250,000

g

Olympus Water US Holding Corp

3.875

10/01/28

 

251

 

3,800,000

g

Orbia Advance Corp SAB de C.V.

1.875

05/11/26

 

3,560

 

375,000

g

PolyOne Corp

 

 

5.750

05/15/25

 

385

 

250,000

g

SABIC Capital II BV

4.000

10/10/23

 

254

 

1,850,000

 

Sasol Financing USA LLC

5.875

03/27/24

 

1,875

 

2,575,000

 

Sasol Financing USA LLC

4.375

09/18/26

 

2,459

 

 

EUR 400,000

 

Silgan Holdings, Inc

3.250

03/15/25

 

440

 

4,525,000

g

Sociedad Quimica y Minera de Chile S.A.

3.500

09/10/51

 

3,904

 

1,925,000

 

Suzano Austria GmbH

6.000

01/15/29

 

2,078

 

4,300,000

 

Suzano Austria GmbH

3.125

01/15/32

 

3,807

 

200,000

e,g

UltraTech Cement Ltd

2.800

02/16/31

 

176

 

3,600,000

 

WRKCo, Inc

 

 

4.900

03/15/29

 

3,877

 

5,400,000

 

WRKCo, Inc

 

 

3.000

06/15/33

 

5,043

 

 

 

 

TOTAL MATERIALS

 

 

 

 

 

 

 

147,696

 

MEDIA & ENTERTAINMENT - 2.5%

 

 

 

 

 

 

 

 

 

 

 

4,350,000

 

Activision Blizzard, Inc

3.400

09/15/26

 

4,427

 

1,950,000

g

Adani Electricity Mumbai Ltd

3.867

07/22/31

 

1,711

 

6,200,000

 

Agree LP

 

 

2.000

06/15/28

 

5,616

 

 

EUR 1,000,000

g

Albion Financing

SARL

5.250

10/15/26

 

1,087

 

3,989,216

g

Alfa Desarrollo S.p.A

4.550

09/27/51

 

3,461

 

300,000

g

Arabian Centres Sukuk II Ltd

5.625

10/07/26

 

284

 

11,900,000

e

AstraZeneca Finance LLC

2.250

05/28/31

 

11,081

 

2,800,000

e

Baidu, Inc

 

 

2.875

07/06/22

 

2,800

 

1,725,000

 

Baidu, Inc

 

 

4.375

05/14/24

 

1,755

1,550,000

 

Baidu, Inc

 

 

1.625

02/23/27

 

1,388

3,000,000

g

Banco Nacional de Panama

2.500

08/11/30

 

2,649

 

EUR 400,000

g

Blackstone Private Credit Fund

1.750

11/30/26

 

409

4,000,000

g

BOC Aviation USA Corp

1.625

04/29/24

 

3,842

 

EUR 750,000

g

BOI Finance BV

 

 

7.500

02/16/27

 

819

1,775,000

g

Cable Onda S.A.

 

 

4.500

01/30/30

 

1,732

5,000,000

g

CCO Holdings LLC

 

 

4.250

02/01/31

 

4,538

8,625,000

 

Charter Communications Operating LLC

2.250

01/15/29

 

7,761

7,200,000

 

Charter Communications Operating LLC

2.800

04/01/31

 

6,489

15,000,000

 

Charter Communications Operating LLC

3.500

03/01/42

 

12,401

6,150,000

 

Charter Communications Operating LLC

5.125

07/01/49

 

6,101

21,620,000

 

Charter Communications Operating LLC

4.800

03/01/50

 

20,537

5,000,000

 

Charter Communications Operating LLC

3.700

04/01/51

 

4,120

17,300,000

 

Comcast Corp

 

 

2.350

01/15/27

 

16,822

 

EUR 450,000

 

Comcast Corp

 

 

0.250

05/20/27

 

473

18,750,000

 

Comcast Corp

 

 

4.150

10/15/28

 

19,703

19,650,000

 

Comcast Corp

 

 

1.500

02/15/31

 

17,121

5,000,000

 

Comcast Corp

 

 

4.400

08/15/35

 

5,402

18,200,000

 

Comcast Corp

 

 

3.200

07/15/36

 

17,412

3,000,000

 

Comcast Corp

 

 

3.900

03/01/38

 

3,090

12,925,000

 

Comcast Corp

 

 

2.800

01/15/51

 

10,899

17,200,000

g

Comcast Corp

 

 

2.887

11/01/51

 

14,500

3,395,000

g

Comcast Corp

 

 

2.937

11/01/56

 

2,803

5,000,000

g

CSC Holdings LLC

 

 

3.375

02/15/31

 

4,213

267

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

EUR 500,000

g

Diebold Nixdorf Dutch Holding BV

 

 

9.000%

 

07/15/25

 

$570

$2,099,000

 

Discovery Communications LLC

2.950

03/20/23

 

2,104

GBP 300,000

 

Discovery Communications LLC

2.500

09/20/24

 

394

6,375,000

 

Discovery Communications LLC

3.625

05/15/30

 

6,192

3,000,000

g

EIG Pearl Holdings Sarl

3.545

08/31/36

 

2,855

1,550,000

e,g

Empresa de los Ferrocarriles del Estado

3.068

08/18/50

 

1,151

200,000

g

ENN Clean Energy International Investment Ltd

3.375

05/12/26

 

187

4,300,000

g

Genm Capital Labuan Ltd

3.882

04/19/31

 

3,749

EUR 205,000

g

Goodyear Europe BV

2.750

08/15/28

 

204

1,895,000

 

Grupo Televisa SAB

6.625

01/15/40

 

2,268

5,975,000

g

GSK Consumer Healthcare Capital US LLC

3.375

03/24/27

 

5,975

7,000,000

g

GSK Consumer Healthcare Capital US LLC

3.625

03/24/32

 

6,993

2,000,000

g

Interchile S.A.

 

 

4.500

06/30/56

 

1,912

650,000

 

Lamar Media Corp

3.750

02/15/28

 

617

1,000,000

 

Lamar Media Corp

4.000

02/15/30

 

951

2,600,000

†,g

LUKOIL Capital DAC

2.800

04/26/27

 

1,430

4,000,000

†,g

LUKOIL Securities BV

3.875

05/06/30

 

2,140

13,575,000

g

Magallanes, Inc

 

 

5.050

03/15/42

 

13,847

6,000,000

g

Magallanes, Inc

 

 

5.141

03/15/52

 

6,139

3,260,000

g

Mexico Remittances Funding Fiduciary Estate Management

4.875

01/15/28

 

2,544

 

 

Sarl

 

 

 

 

 

 

 

 

3,175,000

g

Misc Capital Two Labuan Ltd

3.625

04/06/25

 

3,173

3,260,000

g

Misc Capital Two Labuan Ltd

3.750

04/06/27

 

3,240

2,675,000

g

Sirius XM Radio, Inc

4.125

07/01/30

 

2,504

975,000

g

TEGNA, Inc

 

 

4.750

03/15/26

 

975

675,000

 

TEGNA, Inc

 

 

4.625

03/15/28

 

671

GBP 200,000

 

Time Warner Cable LLC

5.750

06/02/31

 

297

4,650,000

 

Time Warner Cable LLC

5.875

11/15/40

 

4,997

4,075,000

 

Time Warner Cable LLC

4.500

09/15/42

 

3,769

1,575,000

 

TSMC Arizona Corp

1.750

10/25/26

 

1,476

125,000

g

Univision Communications, Inc

4.500

05/01/29

 

119

2,500,000

 

ViacomCBS, Inc

 

 

3.375

02/15/28

 

2,447

1,460,000

 

ViacomCBS, Inc

 

 

4.375

03/15/43

 

1,390

EUR 700,000

g

VZ Secured Financing BV

3.500

01/15/32

 

709

2,105,000

 

Walt Disney Co

 

 

7.625

11/30/28

 

2,612

2,700,000

 

Weibo Corp

 

 

3.375

07/08/30

 

2,304

EUR 500,000

 

Whirlpool EMEA Finance Sarl

0.500

02/20/28

 

508

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

 

 

 

310,859

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 1.0%

 

 

 

 

 

 

EUR 400,000

 

Abbott Ireland Financing DAC

1.500

09/27/26

 

450

3,500,000

 

AbbVie, Inc

 

 

2.850

05/14/23

 

3,521

EUR 550,000

 

AbbVie, Inc

 

 

1.250

06/01/24

 

614

8,700,000

 

AbbVie, Inc

 

 

3.800

03/15/25

 

8,862

21,775,000

 

AbbVie, Inc

 

 

4.050

11/21/39

 

22,372

8,325,000

 

AbbVie, Inc

 

 

4.400

11/06/42

 

8,783

2,230,000

 

AbbVie, Inc

 

 

4.450

05/14/46

 

2,369

8,425,000

 

AbbVie, Inc

 

 

4.250

11/21/49

 

8,743

5,650,000

 

AstraZeneca plc

 

 

3.125

06/12/27

 

5,686

6,510,000

 

AstraZeneca plc

 

 

1.375

08/06/30

 

5,673

EUR 750,000

g

Avantor Funding, Inc

3.875

07/15/28

 

831

1,500,000

g

Avantor Funding, Inc

4.625

07/15/28

 

1,483

6,800,000

 

Bristol-Myers Squibb Co

2.350

11/13/40

 

5,738

2,000,000

 

Bristol-Myers Squibb Co

3.550

03/15/42

 

1,978

3,650,000

 

Danaher Corp

 

 

2.800

12/10/51

 

3,101

11,675,000

 

Gilead Sciences, Inc

2.800

10/01/50

 

9,554

2,150,000

 

Johnson & Johnson

3.400

01/15/38

 

2,192

4,025,000

 

Merck & Co, Inc

 

 

2.750

12/10/51

 

3,506

EUR 600,000

g

Organon Finance LLC

2.875

04/30/28

 

631

750,000

g

Organon Finance

LLC

5.125

04/30/31

 

724

EUR 500,000

 

Takeda Pharmaceutical Co Ltd

1.000

07/09/29

 

525

21,850,000

 

Takeda Pharmaceutical Co Ltd

2.050

03/31/30

 

19,723

EUR 400,000

 

Takeda Pharmaceutical Co Ltd

1.375

07/09/32

 

419

1,975,000

 

Takeda Pharmaceutical Co Ltd

3.025

07/09/40

 

1,761

268

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,045,000

 

Teva Pharmaceutical Finance Netherlands III BV

 

 

4.750%

 

05/09/27

 

$1,003

 

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

 

 

 

120,242

REAL ESTATE - 2.5%

 

 

 

 

 

 

 

 

 

 

 

1,675,000

 

Alexandria Real Estate Equities, Inc

3.950

01/15/27

 

1,712

2,300,000

 

Alexandria Real Estate Equities, Inc

3.950

01/15/28

 

2,348

5,500,000

 

Alexandria Real Estate Equities, Inc

4.900

12/15/30

 

6,080

3,725,000

 

Alexandria Real Estate Equities, Inc

1.875

02/01/33

 

3,151

2,418,000

 

American Tower Corp

3.375

10/15/26

 

2,386

EUR 650,000

 

American Tower Corp

0.450

01/15/27

 

674

1,600,000

 

American Tower Corp

3.600

01/15/28

 

1,585

8,850,000

 

American Tower Corp

3.800

08/15/29

 

8,807

13,700,000

 

American Tower Corp

2.900

01/15/30

 

12,713

2,750,000

 

American Tower Corp

2.100

06/15/30

 

2,398

3,825,000

 

American Tower Corp

1.875

10/15/30

 

3,255

5,575,000

 

Brandywine Operating Partnership LP

4.100

10/01/24

 

5,640

5,825,000

 

Brixmor Operating Partnership LP

3.850

02/01/25

 

5,868

1,075,000

 

Brixmor Operating Partnership LP

2.250

04/01/28

 

982

1,300,000

 

Brixmor Operating Partnership LP

2.500

08/16/31

 

1,148

1,050,000

 

Camden Property Trust

3.150

07/01/29

 

1,038

1,350,000

 

Corporate Office

Properties LP

2.750

04/15/31

 

1,212

15,425,000

 

Crown Castle International Corp

2.250

01/15/31

 

13,595

3,130,000

 

Crown Castle International Corp

2.100

04/01/31

 

2,707

3,200,000

 

CubeSmart LP

 

 

2.250

12/15/28

 

2,906

GBP 400,000

 

Digital Stout Holding LLC

3.750

10/17/30

 

545

1,600,000

 

Duke Realty LP

 

 

3.250

06/30/26

 

1,591

2,525,000

 

Duke Realty LP

 

 

2.875

11/15/29

 

2,420

3,125,000

 

Duke Realty LP

 

 

1.750

07/01/30

 

2,733

2,275,000

 

Equinix, Inc

 

 

2.150

07/15/30

 

1,991

6,700,000

 

Essex Portfolio LP

3.000

01/15/30

 

6,415

3,050,000

 

Federal Realty Investment Trust

1.250

02/15/26

 

2,807

6,600,000

 

Healthcare Realty Trust, Inc

3.875

05/01/25

 

6,645

3,000,000

 

Healthcare Realty Trust, Inc

3.625

01/15/28

 

2,971

1,750,000

 

Healthcare Realty Trust, Inc

2.400

03/15/30

 

1,587

1,850,000

e

Healthcare Realty Trust, Inc

2.050

03/15/31

 

1,609

 

6,250,000

 

Healthcare Trust of America Holdings LP

3.500

08/01/26

 

6,231

 

8,975,000

 

Healthcare Trust of America Holdings LP

3.100

02/15/30

 

8,532

 

7,950,000

 

Highwoods Realty LP

3.875

03/01/27

 

8,007

 

2,900,000

 

Highwoods Realty LP

4.125

03/15/28

 

2,939

 

2,875,000

 

Highwoods Realty LP

4.200

04/15/29

 

2,932

 

6,000,000

 

Highwoods Realty LP

3.050

02/15/30

 

5,703

 

1,075,000

 

Highwoods Realty LP

2.600

02/01/31

 

975

 

1,833,000

 

Hudson Pacific Properties LP

3.950

11/01/27

 

1,840

1,300,000

 

Hudson Pacific Properties LP

3.250

01/15/30

 

1,242

3,875,000

 

Life Storage LP

 

 

2.400

10/15/31

 

3,415

5,224,000

 

Mid-America Apartments LP

4.300

10/15/23

 

5,312

5,525,000

 

Mid-America Apartments LP

3.750

06/15/24

 

5,600

4,300,000

 

Mid-America Apartments LP

4.000

11/15/25

 

4,389

11,100,000

 

Mid-America Apartments LP

2.750

03/15/30

 

10,598

5,400,000

 

Mid-America Apartments LP

1.700

02/15/31

 

4,682

3,050,000

 

Mid-America Apartments LP

2.875

09/15/51

 

2,554

2,575,000

 

National Retail Properties, Inc

4.000

11/15/25

 

2,637

3,000,000

 

National Retail Properties, Inc

3.600

12/15/26

 

3,007

EUR 360,000

 

ProLogis Euro Finance LLC

0.375

02/06/28

 

369

7,225,000

 

Regency Centers LP

3.900

11/01/25

 

7,346

2,250,000

 

Regency Centers LP

3.600

02/01/27

 

2,280

5,500,000

 

Regency Centers LP

2.950

09/15/29

 

5,240

5,700,000

 

Retail Properties of America, Inc

4.750

09/15/30

 

5,891

10,150,000

g

SBA Tower Trust

 

 

2.836

01/15/25

 

9,985

11,046,000

g

SBA Tower Trust

 

 

1.884

01/15/26

 

10,421

25,000,000

g

SBA Tower Trust

 

 

1.631

11/15/26

 

23,494

42,100,000

g

SBA Tower Trust

 

 

1.840

04/15/27

 

38,449

2,968,000

 

SITE Centers Corp

3.625

02/01/25

 

2,970

3,850,000

 

SITE Centers Corp

4.700

06/01/27

 

3,985

269

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

EUR 400,000

 

Vonovia SE

 

 

0.625%

 

12/14/29

 

$394

$1,170,000

 

Weingarten Realty Investors

 

3.375

10/15/22

 

1,175

4,800,000

 

Weingarten Realty Investors

 

3.500

04/15/23

 

4,839

3,025,000

 

Weingarten Realty Investors

 

4.450

01/15/24

 

3,080

1,300,000

 

Weingarten Realty Investors

 

3.250

08/15/26

 

1,293

1,425,000

 

Weyerhaeuser Co

 

4.000

03/09/52

 

1,422

 

 

 

TOTAL REAL ESTATE

 

 

 

 

 

 

314,747

RETAILING - 0.5%

 

 

 

 

 

 

 

 

 

 

2,950,000

 

AutoNation, Inc

 

3.800

11/15/27

 

2,951

6,525,000

e

AutoZone, Inc

 

1.650

01/15/31

 

5,562

 

900,000

 

Chevron USA, Inc

 

3.900

11/15/24

 

927

 

550,000

g

Group 1 Automotive, Inc

 

4.000

08/15/28

 

512

 

350,000

e

JD.com, Inc

 

3.375

01/14/30

 

330

2,665,000

g

Kia Corp

 

2.375

02/14/25

 

2,590

 

200,000

g

Kia Corp

 

2.750

02/14/27

 

193

 

925,000

g

L Brands, Inc

 

6.625

10/01/30

 

971

 

875,000

g

Lithia Motors, Inc

 

4.625

12/15/27

 

868

5,100,000

 

O'Reilly Automotive, Inc

 

3.550

03/15/26

 

5,132

6,875,000

 

O'Reilly Automotive, Inc

 

3.600

09/01/27

 

6,949

4,075,000

 

O'Reilly Automotive, Inc

 

4.200

04/01/30

 

4,215

12,400,000

 

O'Reilly Automotive, Inc

 

1.750

03/15/31

 

10,592

6,000,000

g

Prosus NV

 

3.832

02/08/51

 

4,373

3,000,000

g

Staples, Inc

 

7.500

04/15/26

 

2,913

9,375,000

 

Target Corp

 

2.350

02/15/30

 

8,956

 

 

 

TOTAL RETAILING

 

 

 

 

 

 

58,034

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.7%

 

 

 

 

 

 

 

3,425,000

g

Broadcom, Inc

 

4.000

04/15/29

 

3,423

11,406,000

 

Broadcom, Inc

 

4.150

11/15/30

 

11,560

13,650,000

g

Broadcom, Inc

 

2.450

02/15/31

 

12,177

10,530,000

g

Broadcom, Inc

 

3.469

04/15/34

 

9,752

5,619,000

g

Broadcom, Inc

 

3.187

11/15/36

 

4,878

1,675,000

 

Intel Corp

 

3.734

12/08/47

 

1,673

2,875,000

 

Lam Research Corp

 

3.750

03/15/26

 

2,954

3,275,000

 

Lam Research Corp

 

4.000

03/15/29

 

3,433

10,275,000

 

NVIDIA Corp

 

2.000

06/15/31

 

9,373

3,850,000

g

NXP BV

 

2.700

05/01/25

 

3,732

5,725,000

g

NXP BV

 

3.875

06/18/26

 

5,743

2,450,000

g

NXP BV

 

3.400

05/01/30

 

2,375

4,750,000

g

NXP BV

 

3.125

02/15/42

 

4,089

4,800,000

g

SK Hynix, Inc

 

1.500

01/19/26

 

4,440

 

100,000

 

Skyworks Solutions, Inc

 

1.800

06/01/26

 

93

2,200,000

 

Texas Instruments, Inc

 

4.150

05/15/48

 

2,443

 

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

 

 

 

 

 

 

82,138

SOFTWARE & SERVICES - 0.6%

 

 

 

 

 

 

 

 

 

7,350,000

 

Adobe, Inc

 

2.300

02/01/30

 

6,954

 

200,000

g

CA Magnum Holdings

 

5.375

10/31/26

 

197

 

100,000

g

Camelot Finance S.A.

 

4.500

11/01/26

 

97

EUR

375,000

 

Fidelity National Information Services, Inc

 

1.100

07/15/24

 

416

7,800,000

 

Fiserv, Inc

 

2.750

07/01/24

 

7,776

 

900,000

g

Gartner, Inc

 

3.750

10/01/30

 

845

4,700,000

g

HCL America, Inc

 

1.375

03/10/26

 

4,303

EUR

400,000

 

International Business Machines Corp

 

0.650

02/11/32

 

404

EUR

500,000

g

IQVIA, Inc

 

1.750

03/15/26

 

539

1,413,000

g

j2 Global, Inc

 

4.625

10/15/30

 

1,346

26,300,000

 

Microsoft Corp

 

2.400

08/08/26

 

26,080

5,645,000

 

Microsoft Corp

 

2.525

06/01/50

 

4,874

1,885,000

g

NCR Corp

 

5.000

10/01/28

 

1,805

 

550,000

g

Open Text Holdings, Inc

 

4.125

02/15/30

 

522

2,425,000

 

salesforce.com, Inc

 

3.700

04/11/28

 

2,506

6,600,000

 

salesforce.com, Inc

 

1.950

07/15/31

 

6,038

5,775,000

 

salesforce.com, Inc

 

2.700

07/15/41

 

5,111

270

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$4,225,000

 

Visa, Inc

 

 

 

2.700%

 

04/15/40

 

$3,841

 

 

 

TOTAL SOFTWARE & SERVICES

 

 

 

 

 

73,654

TECHNOLOGY HARDWARE & EQUIPMENT - 0.5%

 

 

 

 

 

 

 

 

 

5,125,000

 

Amphenol Corp

 

 

2.800

02/15/30

 

4,859

8,075,000

 

Apple, Inc

 

 

2.450

08/04/26

 

7,976

26,100,000

 

Apple, Inc

 

 

2.050

09/11/26

 

25,334

3,750,000

 

Apple, Inc

 

 

4.650

02/23/46

 

4,437

4,675,000

 

Apple, Inc

 

 

2.650

02/08/51

 

4,033

1,525,000

 

Corning, Inc

 

 

4.375

11/15/57

 

1,541

5,375,000

 

Dell International LLC

 

 

5.300

10/01/29

 

5,855

2,175,000

 

Tyco Electronics Group S.A.

3.700

02/15/26

 

2,219

4,800,000

g

Wipro IT Services LLC

 

 

1.500

06/23/26

 

4,435

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

 

 

 

 

 

60,689

TELECOMMUNICATION SERVICES - 2.7%

 

 

 

 

 

 

 

 

 

 

EUR 400,000

g

Altice France S.A.

 

 

3.375

01/15/28

 

401

2,300,000

g

America Movil SAB de C.V.

5.375

04/04/32

 

2,315

EUR 500,000

 

AT&T, Inc

 

 

2.350

09/05/29

 

578

25,850,000

 

AT&T, Inc

 

 

2.250

02/01/32

 

22,922

46,893,000

 

AT&T, Inc

 

 

2.550

12/01/33

 

41,662

9,000,000

 

AT&T, Inc

 

 

4.500

05/15/35

 

9,534

15,000,000

 

AT&T, Inc

 

 

3.100

02/01/43

 

12,949

15,575,000

 

AT&T, Inc

 

 

3.300

02/01/52

 

13,351

37,195,000

 

AT&T, Inc

 

 

3.550

09/15/55

 

32,805

8,553,000

 

AT&T, Inc

 

 

3.800

12/01/57

 

7,803

5,127,000

 

AT&T, Inc

 

 

3.650

09/15/59

 

4,496

2,875,000

g

Avaya, Inc

 

 

6.125

09/15/28

 

2,835

7,225,000

g

Bharti Airtel Ltd

 

 

3.250

06/03/31

 

6,678

3,000,000

g

C&W Senior Financing Designated Activity Co

6.875

09/15/27

 

2,978

2,000,000

 

Deutsche Telekom International Finance BV

8.750

06/15/30

 

2,681

EUR 915,000

g

Iliad Holding SAS

 

 

5.125

10/15/26

 

1,023

1,175,000

g

Millicom International Cellular S.A.

4.500

04/27/31

 

1,094

4,000,000

g

MTN Mauritius Investment Ltd

6.500

10/13/26

 

4,208

2,350,000

g

Ooredoo International Finance Ltd

2.625

04/08/31

 

2,199

2,825,000

 

Orange S.A.

 

 

5.375

01/13/42

 

3,246

2,125,000

 

Telefonica Emisiones SAU

 

 

4.103

03/08/27

 

2,173

2,825,000

 

Telefonica Emisiones SAU

 

 

4.895

03/06/48

 

2,921

3,000,000

g

Telefonica Moviles Chile S.A.

3.537

11/18/31

 

2,790

32,175,000

 

T-Mobile USA, Inc

 

 

3.875

04/15/30

 

32,299

21,500,000

 

T-Mobile USA, Inc

 

 

2.550

02/15/31

 

19,496

2,525,000

 

T-Mobile USA, Inc

 

 

3.000

02/15/41

 

2,134

2,350,000

 

T-Mobile USA, Inc

 

 

4.500

04/15/50

 

2,377

7,800,000

 

T-Mobile USA, Inc

 

 

3.300

02/15/51

 

6,563

EUR 400,000

 

Verizon Communications, Inc

1.875

10/26/29

 

451

24,589,000

 

Verizon Communications, Inc

3.150

03/22/30

 

24,183

2,325,000

 

Verizon Communications, Inc

1.680

10/30/30

 

2,027

7,525,000

 

Verizon Communications, Inc

1.750

01/20/31

 

6,561

5,000,000

 

Verizon Communications, Inc

2.550

03/21/31

 

4,645

24,126,000

g

Verizon Communications, Inc

2.355

03/15/32

 

21,791

EUR 300,000

 

Verizon Communications, Inc

2.875

01/15/38

 

360

7,625,000

 

Verizon Communications, Inc

3.400

03/22/41

 

7,148

14,300,000

 

Verizon Communications, Inc

2.875

11/20/50

 

11,948

GBP 1,000,000

g

Vmed O2 UK Financing I plc

4.500

07/15/31

 

1,206

7,000,000

 

Vodafone Group plc

 

 

4.375

02/19/43

 

7,026

6,000,000

 

Vodafone Group plc

 

 

4.250

09/17/50

 

5,977

 

 

TOTAL TELECOMMUNICATION SERVICES

 

 

 

 

 

339,834

TRANSPORTATION - 0.4%

 

 

 

 

 

 

 

 

 

 

 

1,850,000

g

Adani Ports & Special Economic Zone Ltd

4.000

07/30/27

 

1,796

2,000,000

g

Adani Ports & Special Economic Zone Ltd

4.200

08/04/27

 

1,948

2,700,000

g

Adani Ports & Special Economic Zone Ltd

3.100

02/02/31

 

2,325

4,075,000

 

Burlington Northern Santa Fe LLC

3.050

02/15/51

 

3,742

3,700,000

 

Canadian Pacific Railway

Co

2.050

03/05/30

 

3,389

271

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$5,600,000

 

Canadian Pacific Railway Co

 

 

3.100%

 

12/02/51

 

$4,951

2,040,000

 

CSX Corp

 

 

2.600

11/01/26

 

2,007

4,000,000

 

CSX Corp

 

 

3.250

06/01/27

 

4,026

3,500,000

 

CSX Corp

 

 

3.800

03/01/28

 

3,616

16,000,000

 

CSX Corp

 

 

4.250

03/15/29

 

16,968

1,250,000

g

DP World Ltd

 

 

5.625

09/25/48

 

1,352

1,700,000

e,g

Indian Railway Finance Corp Ltd

3.570

01/21/32

 

1,599

6,150,000

 

Union Pacific

Corp

2.891

04/06/36

 

5,747

2,275,000

 

Union Pacific

Corp

3.839

03/20/60

 

2,283

 

 

 

 

TOTAL TRANSPORTATION

 

 

 

 

 

55,749

UTILITIES - 3.3%

 

 

 

 

 

 

 

 

 

 

 

3,425,000

g

Abu Dhabi National Energy Co PJSC

2.000

04/29/28

 

3,187

1,650,000

 

AEP Transmission Co LLC

3.100

12/01/26

 

1,646

1,650,000

 

AEP Transmission Co LLC

4.000

12/01/46

 

1,680

4,750,000

 

AEP Transmission Co LLC

2.750

08/15/51

 

3,891

1,650,000

g

Aeropuerto Internacional de Tocumen S.A.

4.000

08/11/41

 

1,500

3,475,000

 

Alabama Power Co

4.150

08/15/44

 

3,528

6,650,000

 

Alabama Power Co

3.450

10/01/49

 

6,169

2,750,000

 

American Water Capital Corp

3.000

12/01/26

 

2,743

8,425,000

 

American Water Capital Corp

2.800

05/01/30

 

8,071

10,000,000

 

American Water Capital Corp

2.300

06/01/31

 

9,120

2,375,000

 

American Water Capital Corp

4.000

12/01/46

 

2,400

4,500,000

 

American Water Capital Corp

3.750

09/01/47

 

4,393

6,038,000

 

Appalachian Power Co

4.450

06/01/45

 

6,094

10,375,000

 

Atmos Energy Corp

1.500

01/15/31

 

8,937

1,175,000

 

Atmos Energy Corp

4.125

10/15/44

 

1,205

6,500,000

 

Baltimore Gas & Electric Co

3.750

08/15/47

 

6,401

4,700,000

g

Becle SAB de C.V.

2.500

10/14/31

 

4,169

5,925,000

 

Berkshire Hathaway Energy Co

3.250

04/15/28

 

5,928

6,225,000

 

Black Hills Corp

4.250

11/30/23

 

6,344

1,575,000

 

Black Hills Corp

3.150

01/15/27

 

1,546

2,150,000

 

CenterPoint Energy Houston Electric LLC

3.000

03/01/32

 

2,102

3,550,000

 

CenterPoint Energy Resources Corp

6.250

02/01/37

 

4,336

 

EUR 350,000

 

CEZ AS.

 

 

0.875

12/02/26

 

368

4,675,000

 

CMS Energy Corp

3.600

11/15/25

 

4,705

3,025,000

g

Colbun S.A.

 

 

3.150

01/19/32

 

2,753

4,200,000

 

Commonwealth Edison Co

5.900

03/15/36

 

5,155

8,250,000

 

Commonwealth Edison Co

3.000

03/01/50

 

7,405

5,500,000

 

Commonwealth Edison Co

2.750

09/01/51

 

4,673

4,375,000

 

Consumers Energy Co

2.650

08/15/52

 

3,631

2,900,000

 

Consumers Energy Co

2.500

05/01/60

 

2,206

 

EUR

300,000

 

Credit Agricole Assurances S.A.

1.500

10/06/31

 

298

4,000,000

 

Dominion Energy, Inc

2.250

08/15/31

 

3,603

4,600,000

 

Dominion Energy, Inc

3.300

04/15/41

 

4,173

5,000,000

 

Duke Energy Florida LLC

3.400

10/01/46

 

4,710

 

 

297,024

 

Duke Energy Florida Project Finance LLC

1.731

09/01/22

 

296

9,825,000

 

Duke Energy Indiana LLC

2.750

04/01/50

 

8,274

6,100,000

 

Duke Energy Progress LLC

2.500

08/15/50

 

4,955

 

EUR

300,000

 

Electricite de France S.A.

2.000

10/02/30

 

336

 

GBP

200,000

 

Electricite de France S.A.

5.500

10/17/41

 

337

3,445,000

g

Empresas Publicas de Medellin ESP

4.250

07/18/29

 

3,067

3,000,000

 

Enel Chile S.A.

4.875

06/12/28

 

3,108

4,000,000

g

EnfraGen Energia Sur S.A.

5.375

12/30/30

 

2,779

4,300,000

g

ENN Energy Holdings Ltd

2.625

09/17/30

 

3,859

6,900,000

 

Entergy Corp

 

 

0.900

09/15/25

 

6,327

2,800,000

g

Equate Petrochemical BV

2.625

04/28/28

 

2,589

6,250,000

 

Eversource Energy

1.650

08/15/30

 

5,384

6,350,000

 

Eversource Energy

3.450

01/15/50

 

5,763

2,475,000

 

Exelon Corp

 

 

4.050

04/15/30

 

2,555

5,775,000

 

Florida Power & Light Co

3.990

03/01/49

 

6,174

 

UGX 2,000,000,000

†,g

ICBC Standard Bank plc

14.250

06/26/34

 

530

3,600,000

 

Indiana Michigan Power Co

3.750

07/01/47

 

3,433

4,525,000

g

Israel Electric Corp Ltd

4.250

08/14/28

 

4,557

272

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$2,675,000

g

Israel Electric Corp Ltd

 

 

3.750%

 

02/22/32

 

$2,567

 

2,850,000

g

Kallpa Generacion SA

 

4.125

08/16/27

 

2,851

3,675,000

g

Korea Hydro & Nuclear Power Co Ltd

 

3.750

07/25/23

 

3,728

3,200,000

g

Korea Southern Power Co Ltd

 

0.750

01/27/26

 

2,931

6,975,000

 

MidAmerican Energy Co

 

3.650

04/15/29

 

7,169

5,400,000

 

MidAmerican Energy Co

 

3.650

08/01/48

 

5,350

EUR 300,000

g

Mondelez International Holdings Netherlands BV

 

1.250

09/09/41

 

269

7,350,000

e

Nevada Power Co

 

2.400

05/01/30

 

6,905

 

3,335,000

 

Nevada Power Co

 

5.450

05/15/41

 

3,850

 

17,000,000

 

NextEra Energy Capital Holdings, Inc

 

2.250

06/01/30

 

15,561

 

24,885,000

 

NiSource, Inc

 

1.700

02/15/31

 

21,108

 

6,600,000

g

NRG Energy, Inc

 

2.450

12/02/27

 

6,087

 

3,600,000

 

Ohio Power Co

 

2.600

04/01/30

 

3,408

 

6,150,000

 

Ohio Power Co

 

4.150

04/01/48

 

6,215

 

4,925,000

 

Ohio Power Co

 

4.000

06/01/49

 

4,907

 

1,280,000

 

Oncor Electric Delivery Co LLC

 

5.250

09/30/40

 

1,513

 

3,500,000

 

ONE Gas, Inc

 

3.610

02/01/24

 

3,513

 

1,900,000

 

PacifiCorp

 

2.900

06/15/52

 

1,660

 

600,000

g

Pattern Energy Operations LP

 

4.500

08/15/28

 

590

 

2,775,000

 

PECO Energy Co

 

3.000

09/15/49

 

2,495

 

3,700,000

 

PECO Energy Co

 

2.800

06/15/50

 

3,190

 

1,500,000

g

Perusahaan Gas Negara Persero Tbk PT

 

5.125

05/16/24

 

1,549

 

3,000,000

g

Perusahaan Listrik Negara PT

 

4.125

05/15/27

 

3,032

 

650,000

g

Perusahaan Listrik Negara PT

 

3.875

07/17/29

 

638

 

3,000,000

g

Perusahaan Listrik Negara PT

 

3.375

02/05/30

 

2,805

 

200,000

g

Perusahaan Listrik Negara PT

 

4.875

07/17/49

 

193

 

5,000,000

g

Perusahaan Perseroan Persero PT Perusahaan Listrik Negara

 

4.000

06/30/50

 

4,445

 

3,175,000

†,g

Phosagro OAO Via Phosagro Bond Funding DAC

 

2.600

09/16/28

 

877

 

750,000

 

Potomac Electric Power Co

 

7.900

12/15/38

 

1,075

 

3,300,000

g

Promigas S.A. ESP

 

3.750

10/16/29

 

2,988

 

8,425,000

 

Public Service Co of Colorado

 

1.875

06/15/31

 

7,487

 

2,100,000

 

Public Service Co of Colorado

 

4.050

09/15/49

 

2,209

 

4,450,000

 

Public Service Co of Colorado

 

3.200

03/01/50

 

4,152

 

6,970,000

 

Public Service Electric & Gas Co

 

3.150

01/01/50

 

6,459

 

5,000,000

 

Public Service Enterprise Group, Inc

 

2.450

11/15/31

 

4,540

 

3,500,000

g

Saka Energi Indonesia PT

 

4.450

05/05/24

 

3,427

 

20,000,000

 

Southern Co

 

4.000

01/15/51

 

19,350

 

EUR 300,000

 

Southern Co

 

1.875

09/15/81

 

296

8,475,000

 

Southern Co Gas Capital Corp

 

3.875

11/15/25

 

8,626

2,125,000

 

Southern Co Gas Capital Corp

 

4.400

06/01/43

 

2,126

2,440,000

 

Southwestern Public Service Co

 

3.400

08/15/46

 

2,265

4,200,000

g

Sweihan PV Power Co PJSC

 

3.625

01/31/49

 

3,879

350,000

g

Tengizchevroil Finance Co International Ltd

 

2.625

08/15/25

 

308

3,250,000

 

Virginia Electric & Power Co

 

2.950

11/15/26

 

3,210

3,250,000

 

Virginia Electric & Power Co

 

3.500

03/15/27

 

3,304

8,879,000

 

Virginia Electric & Power Co

 

3.800

04/01/28

 

9,089

4,125,000

 

Wisconsin Power & Light Co

 

4.100

10/15/44

 

4,001

2,890,000

 

Xcel Energy, Inc

 

4.800

09/15/41

 

3,095

 

 

TOTAL UTILITIES

 

 

 

 

 

 

414,685

 

 

TOTAL CORPORATE BONDS

 

 

 

 

 

 

4,780,036

 

 

(Cost $5,028,037)

 

 

 

 

 

 

 

 

GOVERNMENT BONDS - 41.0%

 

 

 

 

 

 

 

 

 

AGENCY SECURITIES - 0.4%

 

 

 

 

 

 

 

 

 

 

2,500,000

 

Amber Circle Funding Ltd

 

3.250

12/04/22

 

2,509

3,153,000

 

Canal Barge Co, Inc

 

4.500

11/12/34

 

3,354

291

 

Export-Import Bank of the United States

 

1.822

05/03/25

 

0^

9,320,000

 

Lutheran Medical Center

 

1.982

02/20/30

 

9,120

25,747,000

 

Private Export Funding Corp (PEFCO)

 

2.050

11/15/22

 

25,819

8,225,000

 

PEFCO

 

1.750

11/15/24

 

8,019

273

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$3,000,000

g

Reliance Industries Ltd

 

 

3.667%

 

11/30/27

 

$2,984

 

 

 

 

TOTAL AGENCY SECURITIES

 

 

 

 

 

 

51,805

FOREIGN GOVERNMENT BONDS - 4.9%

 

 

 

 

 

 

 

 

 

4,000,000

g

Abu Dhabi Government International Bond

 

3.125

05/03/26

 

4,065

 

2,000,000

g

Abu Dhabi Government International Bond

 

2.500

09/30/29

 

1,956

 

1,125,000

g

Abu Dhabi Government International Bond

 

3.125

09/30/49

 

1,030

 

 

750,000

g

Africa Finance Corp

 

2.875

04/28/28

 

689

 

2,325,000

g

African Export-Import Bank

 

2.634

05/17/26

 

2,159

 

3,325,000

g

Arab Petroleum Investments Corp

 

4.125

09/18/23

 

3,395

AUD

1,425,000

 

Australia Government Bond

 

4.750

04/21/27

 

1,172

AUD

400,000

 

Australia Government Bond

 

2.250

05/21/28

 

291

AUD

925,000

 

Australia Government Bond

 

1.250

05/21/32

 

595

AUD

1,960,000

 

Australia Government Bond

 

1.750

06/21/51

 

1,052

 

1,500,000

g

Banque Ouest Africaine de Developpement

 

5.000

07/27/27

 

1,508

 

8,500,000

g

Banque Ouest Africaine de Developpement

 

4.700

10/22/31

 

8,379

EUR

3,650,000

g

Banque Ouest Africaine de Developpement

 

2.750

01/22/33

 

3,715

EUR

850,000

g

Benin Government International Bond

 

4.950

01/22/35

 

765

 

2,600,000

g

Bermuda Government International Bond

 

3.717

01/25/27

 

2,636

 

 

200,000

g

Bermuda Government International Bond

 

4.750

02/15/29

 

215

 

12,400,000

g

BNG Bank NV

 

3.000

09/20/23

 

12,528

 

8,000,000

g

BNG Bank NV

 

0.875

05/18/26

 

7,423

CLP 240,000,000

 

Bonos de la Tesoreria de la Republica en pesos

 

2.500

03/01/25

 

270

 

2,340,000

g

Brazil Minas SPE via State of Minas Gerais

 

5.333

02/15/28

 

2,363

BRL

3,000,000

 

Brazil Notas do Tesouro Nacional Serie F

 

10.000

01/01/27

 

598

 

2,900,000

 

Brazilian Government International Bond

 

4.625

01/13/28

 

2,906

 

2,975,000

 

Brazilian Government International Bond

 

3.875

06/12/30

 

2,743

 

2,850,000

 

Brazilian Government International Bond

 

5.625

02/21/47

 

2,693

EUR

1,075,000

 

Bundesrepublik Deutschland Bundesanleihe

 

0.000

08/15/52

 

974

 

7,000,000

g

Caisse d'Amortissement de la Dette Sociale

 

1.125

11/29/24

 

6,737

CAD

1,400,000

g

Canada Housing Trust No

 

1.100

12/15/26

 

1,040

CAD 1,475,000

 

Canadian Government Bond

 

2.000

06/01/28

 

1,155

CAD 950,000

 

Canadian Government Bond

 

2.000

12/01/51

 

699

CAD

875,000

 

Canadian Government International Bond

 

2.000

09/01/23

 

699

CAD

1,000,000

 

Canadian Government International Bond

 

5.000

06/01/37

 

1,055

 

3,325,000

 

Chile Government International Bond

 

2.750

01/31/27

 

3,251

 

3,050,000

e

Chile Government International Bond

 

2.550

01/27/32

 

2,866

EUR

475,000

 

Chile Government International Bond

 

1.250

01/22/51

 

389

CNY 3,200,000

 

China Government Bond

 

2.570

05/20/23

 

506

CNY 24,000,000

 

China Government Bond

 

2.880

11/05/23

 

3,817

CNY 17,000,000

 

China Government Bond

 

1.990

04/09/25

 

2,639

CNY 11,250,000

 

China Government Bond

 

3.270

11/19/30

 

1,828

CNY 4,700,000

 

China Government Bond

 

3.810

09/14/50

 

791

CNY

9,400,000

 

China Government Bond

 

3.720

04/12/51

 

1,564

CNY

26,500,000

 

China Government International Bond

 

2.360

07/02/23

 

4,182

CNY

9,700,000

 

China Government International Bond

 

2.940

10/17/24

 

1,549

CNY

47,400,000

 

China Government International Bond

 

3.120

12/05/26

 

7,643

 

4,000,000

g

China Government International Bond

 

1.200

10/21/30

 

3,579

CNY

18,900,000

 

China Government International Bond

 

3.860

07/22/49

 

3,198

CNY

10,000,000

 

China Government International Bond

 

3.390

03/16/50

 

1,563

 

2,000,000

g

China Government International Bond

 

2.250

10/21/50

 

1,602

NOK

7,000,000

 

City of Oslo Norway

 

2.050

10/31/24

 

778

 

12,650,000

 

Colombia Government International Bond

 

3.000

01/30/30

 

10,889

 

6,675,000

 

Colombia Government International Bond

 

3.250

04/22/32

 

5,573

 

1,700,000

e

Colombia Government International Bond

 

5.000

06/15/45

 

1,431

 

4,100,000

g

Costa Rica Government International Bond

 

5.625

04/30/43

 

3,588

 

5,000,000

g

Development Bank of Japan, Inc

 

0.500

03/04/24

 

4,813

DOP

8,000,000

g

Dominican Republic Government International Bond

 

9.750

06/05/26

 

149

 

3,500,000

g

Dominican Republic Government International Bond

 

4.875

09/23/32

 

3,168

 

2,950,000

g

Dominican Republic Government International Bond

 

6.500

02/15/48

 

2,803

 

1,295,000

g

Dominican Republic International Bond

 

5.500

02/22/29

 

1,279

 

 

24,960

g

Ecuador Government International Bond

 

0.000

07/31/30

 

14

 

 

141,600

g

Ecuador Government International Bond (Step Bond)

 

5.000

07/31/30

 

118

 

 

99,120

g

Ecuador Government International Bond (Step Bond)

 

1.000

07/31/35

 

65

274

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

 

 

 

$425,000

g

Egypt Government International Bond

 

 

5.750%

 

05/29/24

 

$421

 

EGP

19,025,000

 

Egypt Government International Bond

 

15.900

07/02/24

1,056

 

 

 

1,500,000

g

Egypt Government International Bond

 

5.800

09/30/27

1,369

 

 

 

 

725,000

g

Egypt Government International Bond

 

7.600

03/01/29

687

 

EUR

1,100,000

g

Egypt Government International Bond

 

5.625

04/16/30

1,021

 

 

EUR

700,000

g

Egypt Government International Bond

 

6.375

04/11/31

661

 

 

 

1,100,000

g

Egypt Government International Bond

 

7.053

01/15/32

966

 

 

 

2,700,000

g

Egypt Government International Bond

 

8.500

01/31/47

2,297

 

 

 

 

650,000

g

El Salvador Government International Bond

 

6.375

01/18/27

319

 

 

 

1,445,000

g

El Salvador Government International Bond

 

7.125

01/20/50

643

 

 

 

2,000,000

 

Emirate of Dubai Government International Bonds

 

3.900

09/09/50

1,701

 

 

 

 

800,000

European Bank for Reconstruction & Development

 

10.000

02/28/23

675

 

 

 

3,500,000

 

European Investment Bank

 

4.875

02/15/36

4,392

 

 

 

4,000,000

g

Export-Import Bank of India

 

3.875

02/01/28

3,955

 

 

 

3,975,000

g

Export-Import Bank of India

 

2.250

01/13/31

3,422

 

 

 

2,800,000

 

Export-Import Bank of Korea

 

0.750

09/21/25

2,596

 

 

 

3,350,000

 

Export-Import Bank of Korea

 

1.250

09/21/30

2,917

 

EUR

3,000,000

 

French Republic Government Bond OAT

 

0.500

05/25/25

3,338

 

EUR

1,325,000

 

French Republic Government Bond OAT

 

0.750

11/25/28

1,471

 

EUR

1,175,000

g

French Republic Government Bond OAT

 

0.500

05/25/40

1,137

 

 

EUR

860,000

 

French Republic Government Bond OAT

 

0.750

05/25/52

798

 

 

 

2,325,000

g

Ghana Government International Bond

 

8.125

03/26/32

1,674

 

 

 

1,000,000

g

Ghana Government International Bond

 

8.627

06/16/49

695

 

 

 

1,800,000

e,g

Guatemala Government International Bond

 

4.500

05/03/26

1,825

 

 

 

 

 

450,000

g

Guatemala Government International Bond

 

4.375

06/05/27

452

 

 

 

 

 

600,000

g

Guatemala Government International Bond

 

6.125

06/01/50

630

 

 

EUR

1,250,000

g

Hellenic Republic Government International Bond

 

1.500

06/18/30

1,284

 

 

 

EUR

725,000

g

Hellenic Republic Government International Bond

 

0.750

06/18/31

680

 

 

 

 

1,775,000

g

Honduras Government International Bond

 

6.250

01/19/27

1,686

 

HUF 336,050,000

 

Hungary Government Bond

 

3.000

06/26/24

939

 

 

 

 

1,150,000

g

Hungary Government International Bond

 

2.125

09/22/31

1,038

 

 

CAD

1,475,000

 

Hydro-Quebec

 

5.000

02/15/45

1,491

 

 

 

 

3,550,000

 

Indonesia Government International Bond

 

3.550

03/31/32

3,645

 

 

 

 

11,675,000

g

Indonesia Government International Bond

 

4.625

04/15/43

12,206

 

IDR

7,750,000,000

 

Indonesia Treasury Bond

 

8.125

05/15/24

579

 

IDR

28,000,000,000

 

Indonesia Treasury Bond

 

7.000

09/15/30

1,985

 

IDR

10,000,000,000

 

Indonesia Treasury Bond

 

6.375

04/15/32

676

 

 

AUD

500,000

 

Inter-American Development Bank

 

4.750

08/27/24

393

 

 

AUD

900,000

 

Inter-American Development Bank

 

2.750

10/30/25

667

 

CAD

1,300,000

 

International Bank for Reconstruction & Development

 

1.900

01/16/25

1,020

 

 

GBP

500,000

 

International Finance Corp

 

0.250

12/15/25

621

 

 

 

1,537,500

g

Iraq Government International Bond

 

5.800

01/15/28

1,497

 

 

 

6,200,000

 

Israel Government International Bond

 

3.250

01/17/28

6,366

 

ILS

3,100,000

 

Israel Government International Bond

 

5.500

01/31/42

1,377

 

ILS

3,200,000

 

Israel Government International Bond

 

3.750

03/31/47

1,139

 

 

 

1,875,000

 

Israel Government International Bond

 

4.125

01/17/48

1,999

 

EUR

3,500,000

 

Italy Buoni Poliennali Del Tesoro

 

2.450

10/01/23

4,011

 

EUR

3,345,000

 

Italy Buoni Poliennali Del Tesoro

 

1.250

12/01/26

3,710

 

 

EUR

425,000

g

Italy Buoni Poliennali Del Tesoro

 

1.700

09/01/51

399

 

EUR

1,000,000

g

Ivory Coast Government International Bond

 

5.875

10/17/31

1,022

 

 

EUR

100,000

g

Ivory Coast Government International Bond

 

4.875

01/30/32

97

 

 

 

1,510,973

g

Ivory Coast Government International Bond (Step Bond)

 

5.750

12/31/32

1,478

 

 

 

2,850,000

 

Jamaica Government International Bond

 

7.875

07/28/45

3,677

 

 

 

6,000,000

 

Japan Bank for International Cooperation

 

2.375

04/20/26

5,889

 

 

 

6,650,000

g

Japan Finance Organization for Municipalities

 

3.375

09/27/23

6,743

 

 

 

2,500,000

g

Japan Finance Organization for Municipalities

 

1.000

05/21/25

2,370

JPY

140,000,000

 

Japan Finance Organization for Municipalities

 

0.020

03/13/26

1,147

JPY

498,000,000

 

Japan Government Five Year Bond

 

0.005

09/20/26

4,088

JPY

327,000,000

 

Japan Government Ten Year Bond

 

0.100

09/20/26

2,696

JPY

162,000,000

 

Japan Government Ten Year Bond

 

0.100

12/20/29

1,327

JPY

175,000,000

 

Japan Government Thirty Year Bond

 

2.400

11/20/31

1,737

JPY

350,000,000

 

Japan Government Thirty Year Bond

 

2.300

05/20/32

3,471

JPY

418,000,000

 

Japan Government Thirty Year Bond

 

2.500

09/20/34

4,338

JPY

225,000,000

 

Japan Government Thirty Year Bond

 

0.500

09/20/46

1,723

275

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

JPY

105,000,000

 

Japan Government Thirty Year Bond

 

 

0.600%

 

09/20/50

 

$798

JPY

259,500,000

 

Japan Government Thirty Year Bond

 

0.700

09/20/51

2,019

 

JPY

93,000,000

 

Japan Government Twenty Year Bond

 

0.600

12/20/36

780

JPY

219,000,000

 

Japan Government Twenty Year Bond

 

0.500

12/20/38

1,782

JPY

153,000,000

 

Japan Government Twenty Year Bond

 

0.300

06/20/39

1,198

 

 

 

$2,500,000

g

Jordan Government International Bond

 

4.950

07/07/25

2,486

 

 

 

1,025,000

g

Jordan Government International Bond

 

5.850

07/07/30

953

 

 

 

3,000,000

g

Kazakhstan Government International Bond

 

4.875

10/14/44

2,954

 

 

 

1,525,000

g

Kenya Government International Bond

 

6.875

06/24/24

1,527

 

 

 

2,350,000

g

Kenya Government International Bond

 

7.000

05/22/27

2,257

 

EUR

1,875,000

g

Kingdom of Belgium Government International Bond

 

0.000

10/22/27

2,009

 

 

 

2,600,000

g

Kommunalbanken AS.

 

2.750

02/05/24

2,617

 

 

 

3,000,000

g

Kommunalbanken AS.

 

1.125

06/14/30

2,669

 

 

 

2,833,000

e,g

Kommuninvest I Sverige AB

 

2.625

09/15/22

2,853

 

 

 

2,000,000

g

Kommuninvest I Sverige AB

 

0.500

07/05/23

1,960

 

 

 

6,975,000

g

Korea Electric Power Corp

 

1.125

06/15/25

6,545

 

 

 

5,775,000

g

Korea Housing Finance Corp

 

3.000

10/31/22

5,794

KRW

1,200,000,000

 

Korea Treasury Bond

 

1.125

06/10/24

961

KRW

1,270,000,000

 

Korea Treasury Bond

 

1.500

03/10/25

1,011

KRW

1,800,000,000

 

Korea Treasury Bond

 

1.500

12/10/26

1,393

KRW

2,400,000,000

 

Korea Treasury Bond

 

2.000

06/10/31

1,824

KRW

2,380,000,000

 

Korea Treasury Bond

 

2.375

09/10/38

1,807

 

 

 

1,750,000

†,q

Lebanon Government International Bond

 

6.750

11/29/27

203

 

MYR 2,160,000

 

Malaysia Government Bond

 

3.757

05/22/40

467

 

MYR

3,100,000

 

Malaysia Government International Bond

 

4.893

06/08/38

774

MXN 23,500,000

 

Mexican Bonos

 

5.750

03/05/26

1,075

MXN 13,700,000

 

Mexican Bonos

 

8.500

11/18/38

699

 

 

 

3,000,000

 

Mexico Government International Bond

 

4.150

03/28/27

3,153

 

 

 

3,375,000

e

Mexico Government International Bond

 

3.250

04/16/30

3,249

 

 

 

6,051,000

 

Mexico Government International Bond

 

6.050

01/11/40

6,852

 

 

 

6,650,000

 

Mexico Government International Bond

 

4.280

08/14/41

6,199

 

 

 

3,500,000

 

Mexico Government International Bond

 

4.600

02/10/48

3,329

 

 

 

10,075,000

 

Mexico Government International Bond

 

4.400

02/12/52

9,244

 

 

 

 

825,000

g

Mongolia Government International Bond

 

4.450

07/07/31

741

 

 

EUR

900,000

g

Morocco Government International Bond

 

1.500

11/27/31

815

 

 

 

5,750,000

g

Morocco Government International Bond

 

5.500

12/11/42

5,631

 

 

 

1,675,000

g

Namibia Government International Bond

 

5.250

10/29/25

1,682

 

 

 

5,000,000

g

Nederlandse Waterschapsbank NV

 

1.875

04/14/22

5,002

 

EUR

1,000,000

g

Netherlands Government Bond

 

0.000

01/15/52

852

 

 

EUR

400,000

g

Netherlands Government International Bond

 

2.750

01/15/47

634

 

 

AUD

500,000

 

New South Wales Treasury Corp

 

4.000

05/20/26

392

 

AUD

2,690,000

 

New South Wales Treasury Corp

 

3.000

04/20/29

2,008

 

 

NZD 735,000

 

New Zealand Government Bond

 

2.000

05/15/32

456

 

 

NZD

625,000

 

New Zealand Government International Bond

 

4.500

04/15/27

461

 

 

 

 

775,000

g

Nigeria Government International Bond

 

6.500

11/28/27

735

 

 

 

1,825,000

e,g,k

Nigeria Government International Bond

 

8.375

03/24/29

1,843

NOK

17,250,000

g

Norway Government International Bond

 

2.000

04/26/28

1,894

 

 

 

 

525,000

g

Oman Government International Bond

 

6.750

10/28/27

570

 

 

 

1,500,000

g

Oman Government International Bond

 

6.000

08/01/29

1,561

 

 

 

3,000,000

e,g

Oman Government International Bond

 

6.250

01/25/31

3,172

 

 

 

 

500,000

e,g

Oman Sovereign Sukuk Co

 

4.875

06/15/30

521

 

 

 

21,300,000

g

OMERS Finance Trust

 

2.500

05/02/24

21,265

 

 

 

15,000,000

g

Ontario Teachers' Finance Trust

 

1.625

09/12/24

14,659

 

 

 

2,750,000

e,g

Pakistan Global Sukuk Programme Co Ltd

 

7.950

01/31/29

2,564

 

 

 

 

500,000

g

Pakistan Government International Bond

 

6.000

04/08/26

392

 

 

 

6,000,000

 

Panama Bonos del Tesoro

 

3.362

06/30/31

5,640

 

 

 

3,600,000

 

Panama Government International Bond

 

3.160

01/23/30

3,522

 

 

 

4,000,000

 

Panama Government International Bond

 

4.300

04/29/53

3,840

 

 

 

10,955,000

 

Panama Notas del Tesoro

 

3.750

04/17/26

10,993

 

 

 

 

925,000

g

Paraguay Government International Bond

 

5.400

03/30/50

937

 

 

 

8,600,000

g

Perusahaan Penerbit SBSN Indonesia III

 

4.400

03/01/28

9,236

 

 

 

3,000,000

 

Peruvian Government International Bond

 

1.862

12/01/32

2,563

 

 

 

1,970,000

 

Peruvian Government International Bond

 

3.000

01/15/34

1,836

 

PEN

3,515,000

g

Peruvian Government International Bond

 

5.400

08/12/34

836

276

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

PHP

17,000,000

 

Philippine Government International Bond

 

 

6.250%

 

01/14/36

 

$358

 

 

$2,645,000

k

Philippine Government International Bond

 

4.200

03/29/47

2,760

CAD

875,000

 

Province of Ontario Canada

 

2.150

06/02/31

649

CAD

650,000

 

Province of Quebec Canada

 

2.750

09/01/27

518

 

6,000,000

 

Province of Quebec Canada

 

7.500

09/15/29

7,845

 

2,000,000

g

Provincia de Mendoza Argentina (Step Bond)

 

4.250

03/19/29

1,325

 

 

925,000

g

Qatar Government International Bond

 

3.400

04/16/25

942

 

2,050,000

g

Qatar Government International Bond

 

3.750

04/16/30

2,159

 

5,900,000

g

Qatar Government International Bond

 

4.400

04/16/50

6,632

EUR

425,000

g

Republic of Cameroon International Bond

 

5.950

07/07/32

413

 

 

500,000

g

Republic of Guatemala

 

4.650

10/07/41

465

 

7,000,000

 

Republic of Italy Government International Bond

 

4.000

10/17/49

6,716

 

2,000,000

g

Republic of Paraguay

 

6.100

08/11/44

2,212

ZAR

18,725,000

 

Republic of South Africa Government Bond

 

8.875

02/28/35

1,152

 

1,400,000

g

Republic of Uzbekistan Bond

 

3.700

11/25/30

1,208

 

2,150,000

g

Republic of Uzbekistan International Bond

 

4.750

02/20/24

2,149

UZS 5,708,925,000

g

Republic of Uzbekistan International Bond

 

14.000

07/19/24

436

RON 7,075,000

 

Romania Government Bond

 

4.150

01/26/28

1,438

 

3,000,000

e,g

Romanian Government International Bond

 

3.000

02/14/31

2,766

 

EUR

600,000

g

Romanian Government International Bond

 

2.000

01/28/32

551

 

EUR

500,000

g

Romanian Government International Bond

 

2.000

04/14/33

444

 

 

4,600,000

g

Romanian Government International Bond

 

4.000

02/14/51

3,979

 

RUB

72,000,000

Russian Federal Bond-OFZ

 

4.500

07/16/25

27

 

 

5,000,000

g

Russian Foreign Bond - Eurobond

 

4.375

03/21/29

800

 

 

3,200,000

†,g

Russian Foreign Bond - Eurobond

 

5.100

03/28/35

512

 

 

4,850,000

g

Rwanda International Government Bond

 

5.500

08/09/31

4,421

 

 

4,500,000

g

Saudi Government International Bond

 

3.250

10/26/26

4,597

 

 

6,775,000

g

Saudi Government International Bond

 

4.500

04/17/30

7,407

 

 

6,150,000

g

Saudi Government International Bond

 

3.750

01/21/55

5,918

 

EUR

1,000,000

g

Senegal Government International Bond

 

4.750

03/13/28

1,072

 

EUR

425,000

g

Senegal Government International Bond

 

5.375

06/08/37

398

 

 

1,000,000

g

Senegal Government International Bond

 

6.750

03/13/48

862

 

EUR

1,250,000

g

Serbia Government International Bond

 

1.500

06/26/29

1,173

 

EUR

575,000

g

Serbia Government International Bond

 

2.050

09/23/36

489

 

 

5,450,000

e,g

Serbia International Bond

 

2.125

12/01/30

4,549

 

RSD

96,000,000

 

Serbia Treasury Bonds

 

5.875

02/08/28

901

RSD

31,700,000

 

Serbia Treasury Bonds

 

4.500

08/20/32

264

SGD

2,030,000

 

Singapore Government Bond

 

1.625

07/01/31

1,410

 

4,000,000

 

South Africa Government International Bond

 

5.875

09/16/25

4,229

ZAR

15,100,000

 

South Africa Government International Bond

 

8.750

01/31/44

870

 

2,800,000

 

South Africa Government International Bond

 

5.375

07/24/44

2,465

 

1,000,000

g

Southern Gas Corridor CJSC

 

6.875

03/24/26

1,090

EUR

2,950,000

g

Spain Government Bond

 

0.500

10/31/31

3,012

EUR

2,550,000

g

Spain Government International Bond

 

2.750

10/31/24

3,001

EUR

845,000

g

Spain Government International Bond

 

1.400

07/30/28

960

EUR

1,475,000

g

Spain Government International Bond

 

0.600

10/31/29

1,575

EUR

625,000

g

Spain Government International Bond

 

0.100

04/30/31

621

EUR

2,350,000

g

Spain Government International Bond

 

1.200

10/31/40

2,344

 

3,100,000

 

State of Israel

 

3.375

01/15/50

2,935

 

6,590,000

 

Svensk Exportkredit AB

 

1.750

12/12/23

6,525

SEK 6,500,000

 

Sweden Government Bond

 

0.500

11/24/45

558

THB

24,600,000

 

Thailand Government International Bond

 

2.875

12/17/28

771

THB

24,400,000

 

Thailand Government International Bond

 

3.300

06/17/38

737

 

2,500,000

g

Turkiye Ihracat Kredi Bankasi AS.

 

5.750

07/06/26

2,282

UAH

25,000,000

 

Ukraine Government International Bond

 

17.000

05/11/22

347

EUR

1,000,000

g

Ukraine Government International Bond

 

6.750

06/20/26

442

EUR

2,025,000

g

Ukraine Government International Bond

 

4.375

01/27/30

918

GBP

2,850,000

 

United Kingdom Gilt

 

1.625

10/22/28

3,784

GBP

2,450,000

 

United Kingdom Gilt

 

1.750

09/07/37

3,181

GBP

275,000

 

United Kingdom Gilt

 

1.250

10/22/41

328

GBP

575,000

 

United Kingdom Gilt

 

1.500

07/22/47

707

GBP

2,525,000

 

United Kingdom Gilt

 

0.625

10/22/50

2,490

UYU

21,800,000

g

Uruguay Government International Bond

 

8.500

03/15/28

518

 

5,280,000

 

Uruguay Government International Bond

 

4.375

01/23/31

5,754

277

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

UYU 20,300,000

 

Uruguay Government International Bond

 

 

8.250%

 

05/21/31

 

$474

$850,000

 

Uruguay Government International Bond

 

4.125

11/20/45

 

920

1,400,000

 

Uruguay Government International Bond

 

5.100

06/18/50

 

1,649

 

 

TOTAL FOREIGN GOVERNMENT BONDS

 

 

 

 

 

 

613,567

MORTGAGE BACKED - 18.9%

 

 

 

 

 

 

 

 

 

5,176,000

g,i

Angel Oak Mortgage Trust

 

2.837

11/25/66

 

4,831

13,216,056

g,i

Connecticut Avenue Securities Trust

 

1.999

12/25/41

 

12,604

6,000,000

g,i

Connecticut Avenue Securities Trust

 

4.599

01/25/42

 

5,662

4,847,015

i

Federal Home Loan Mortgage Corp (FHLMC)

LIBOR 1 M + 5.920%

5.523

03/15/44

 

672

16,345,838

 

FHLMC

 

4.000

10/01/47

 

16,956

13,010,598

 

FHLMC

 

4.000

06/01/48

 

13,464

9,903,596

i

FHLMC

LIBOR 1 M + 9.920%

9.285

06/15/48

 

10,937

8,505,644

 

FHLMC

 

4.000

07/01/48

 

8,819

7,520,903

i

FHLMC

LIBOR 1 M + 9.840%

9.205

10/15/48

 

8,115

21,753,168

 

FHLMC

 

3.000

11/01/49

 

21,412

18,704,540

 

FHLMC

 

2.000

09/25/50

 

2,166

29,775,293

 

FHLMC

 

2.500

11/25/50

 

4,995

39,353,896

 

FHLMC

 

2.500

02/25/51

 

6,864

37,899,010

 

FHLMC

 

3.000

11/01/51

 

37,512

5,453,858

 

FHLMC

 

3.000

11/01/51

 

5,380

3,443,035

 

FHLMC

 

3.000

11/01/51

 

3,423

4,791,132

 

FHLMC

 

3.000

11/01/51

 

4,742

44,073,257

h

FHLMC

 

2.000

02/01/52

 

41,003

44,199,851

h

FHLMC

 

2.500

02/01/52

 

42,249

36,850,000

h

FHLMC

 

2.500

03/01/52

 

35,279

48,300,000

h

FHLMC

 

2.500

03/01/52

 

46,155

744

 

Federal Home Loan Mortgage Corp Gold (FGLMC)

 

7.000

05/01/23

 

1

7,272

 

FGLMC

 

8.000

01/01/31

 

7

4,429

 

FGLMC

 

7.000

01/01/32

 

4

280,668

 

FGLMC

 

4.500

07/01/33

 

299

2,035,843

 

FGLMC

 

7.000

12/01/33

 

2,222

558,389

 

FGLMC

 

4.500

10/01/34

 

592

353,124

 

FGLMC

 

4.500

04/01/35

 

376

578,548

 

FGLMC

 

7.000

05/01/35

 

626

1,558,584

 

FGLMC

 

5.000

06/01/36

 

1,687

530,036

 

FGLMC

 

5.000

07/01/39

 

574

71,218

 

FGLMC

 

4.500

12/01/43

 

76

42,638

 

FGLMC

 

4.500

02/01/44

 

45

1,738,772

 

FGLMC

 

4.500

10/01/44

 

1,844

845,491

 

FGLMC

 

4.500

11/01/44

 

900

1,098,403

 

FGLMC

 

4.500

11/01/44

 

1,160

602,157

 

FGLMC

 

4.500

12/01/44

 

631

921,139

 

FGLMC

 

4.500

12/01/44

 

981

3,697,603

 

FGLMC

 

3.500

04/01/45

 

3,773

708,350

 

FGLMC

 

4.500

05/01/45

 

727

17,125,947

 

FGLMC

 

3.500

08/01/45

 

17,474

15,070,139

 

FGLMC

 

4.000

12/01/45

 

15,775

28,452,481

 

FGLMC

 

3.500

08/01/46

 

29,007

1,712,616

 

FGLMC

 

4.500

06/01/47

 

1,827

3,425,337

 

FGLMC

 

4.000

09/01/47

 

3,577

2,972,234

 

FGLMC

 

3.500

12/01/47

 

3,021

7,409,283

 

FGLMC

 

4.000

07/01/48

 

7,687

11,287,870

 

FGLMC

 

4.500

08/01/48

 

11,912

5,161,947

 

FGLMC

 

4.500

10/01/48

 

5,447

7,997,593

 

FGLMC

 

3.500

11/01/48

 

8,112

11,773

 

Federal National Mortgage Association (FNMA)

 

8.000

07/01/24

 

12

3,984

 

FNMA

 

9.000

11/01/25

 

4

2,682,974

 

FNMA

 

3.500

05/01/32

 

2,760

16,418,553

 

FNMA

 

3.000

10/01/32

 

16,589

278,649

 

FNMA

 

4.500

10/01/33

 

296

490,114

 

FNMA

 

4.500

05/01/35

 

519

3,098,456

 

FNMA

 

5.000

05/01/35

 

3,348

1,445,522

 

FNMA

 

5.000

10/01/35

 

1,563

278

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,198,001

 

FNMA

 

 

5.000%

 

02/01/36

 

$1,296

 

101,090,000

h

FNMA

 

2.000

04/25/37

98,180

34,515,000

h

FNMA

 

2.500

04/25/37

34,109

30,940,000

h

FNMA

 

3.000

04/25/37

31,153

3,401,816

 

FNMA

 

5.500

11/01/38

3,752

1,176,876

 

FNMA

 

3.000

10/01/39

1,161

14,381,231

 

FNMA

 

3.000

05/01/40

14,265

2,103,750

 

FNMA

 

5.000

09/01/40

2,276

3,986,081

 

FNMA

 

5.000

05/01/41

4,313

31,358,469

 

FNMA

 

2.000

03/01/42

29,303

11,275,638

 

FNMA

 

4.000

09/01/42

11,724

8,424,485

 

FNMA

 

3.500

04/01/43

8,594

7,234,913

 

FNMA

 

3.500

09/01/43

7,393

6,391,119

i

FNMA

LIBOR 1 M + 5.950%

5.493

09/25/43

1,014

3,359,888

 

FNMA

 

4.000

01/01/44

3,512

7,701,891

 

FNMA

 

4.500

03/01/44

8,224

3,450,703

 

FNMA

 

4.500

06/01/44

3,670

3,549,821

 

FNMA

 

4.500

10/01/44

3,774

5,972,833

 

FNMA

 

4.500

11/01/44

6,334

1,906,620

 

FNMA

 

5.000

11/01/44

2,062

2,119,144

 

FNMA

 

4.500

12/01/44

2,248

2,305,977

 

FNMA

 

4.000

01/01/45

2,401

641,119

 

FNMA

 

4.500

03/01/45

679

309,429

 

FNMA

 

4.500

04/01/45

329

7,650,534

 

FNMA

 

3.500

05/01/45

7,787

3,641,997

 

FNMA

 

4.000

06/01/45

3,808

6,140,039

 

FNMA

 

4.000

12/01/45

6,406

9,821,594

 

FNMA

 

3.500

01/01/46

10,005

17,043,223

 

FNMA

 

4.000

01/01/46

17,784

475,680

 

FNMA

 

4.000

03/01/46

497

1,199,905

 

FNMA

 

4.000

04/01/46

1,252

8,088,583

 

FNMA

 

3.500

06/01/46

8,231

9,892,303

 

FNMA

 

3.500

07/01/46

10,077

18,392,208

 

FNMA

 

3.500

07/01/46

18,759

1,723,424

 

FNMA

 

3.000

10/01/46

1,674

10,096,538

 

FNMA

 

3.500

10/01/46

10,270

19,346,038

 

FNMA

 

3.500

01/01/47

19,609

4,028,532

 

FNMA

 

4.500

05/01/47

4,283

3,566,338

 

FNMA

 

4.000

09/01/47

3,679

205,800

 

FNMA

 

4.000

09/01/47

212

404,027

 

FNMA

 

3.000

11/01/47

393

7,561,997

 

FNMA

 

3.500

11/01/47

7,712

23,820,680

 

FNMA

 

4.000

12/01/47

24,655

4,553,065

 

FNMA

 

4.000

12/01/47

4,693

16,358,613

 

FNMA

 

3.500

01/01/48

16,600

6,708,825

 

FNMA

 

4.500

01/01/48

7,074

6,126,616

 

FNMA

 

4.500

02/01/48

6,460

5,831,479

 

FNMA

 

4.000

03/01/48

6,048

24,562,666

 

FNMA

 

4.500

03/01/48

25,897

13,618,418

 

FNMA

 

4.000

04/01/48

13,924

4,697,343

 

FNMA

 

4.500

05/01/48

4,953

3,737,873

 

FNMA

 

4.500

05/01/48

3,941

9,697,694

 

FNMA

 

5.000

08/01/48

10,390

465,822

 

FNMA

 

3.000

06/01/49

452

21,512,536

 

FNMA

 

3.000

07/01/50

21,182

13,152,226

 

FNMA

 

2.000

08/25/50

1,730

35,993,889

 

FNMA

 

2.500

11/25/50

5,234

4,385,211

 

FNMA

 

3.000

02/25/51

794

88,784,544

 

FNMA

 

2.000

04/01/51

82,625

13,027,967

 

FNMA

 

3.000

09/01/51

12,842

12,616,155

 

FNMA

 

2.500

11/25/51

1,815

53,271,545

h

FNMA

 

2.000

12/01/51

49,524

52,167,314

h

FNMA

 

2.500

01/01/52

49,851

41,762,944

h

FNMA

 

2.000

02/01/52

38,853

279

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$31,573,538

h

FNMA

 

 

2.500%

 

02/01/52

 

$30,228

65,767,689

h

FNMA

 

2.500

02/01/52

 

62,847

39,668,256

h

FNMA

 

2.500

02/01/52

 

37,942

33,051,224

h

FNMA

 

2.500

02/01/52

 

31,577

3,586,478

 

FNMA

 

3.000

02/01/52

 

3,513

14,188,005

 

FNMA

 

3.500

02/01/52

 

14,355

29,936,286

h

FNMA

 

2.000

03/01/52

 

27,832

28,353,236

h

FNMA

 

2.000

03/01/52

 

26,360

3,137,134

 

FNMA

 

3.000

03/01/52

 

3,072

31,269,190

h

FNMA

 

2.500

04/01/52

 

29,881

52,135,000

h

FNMA

 

2.000

04/25/52

 

48,394

36,919,000

h

FNMA

 

2.500

04/25/52

 

35,223

250,080,000

h

FNMA

 

3.000

04/25/52

 

244,609

4,100,000

h

FNMA

 

3.500

04/25/52

 

4,107

31,500,000

h

FNMA

 

4.000

04/25/52

 

32,150

10,100,000

h

FNMA

 

3.500

05/25/52

 

10,083

4,725,000

g,i

Freddie Mac STACR REMIC Trust

 

3.499

10/25/41

 

4,359

3,130,000

g,i

Freddie Mac STACR REMIC Trust

 

3.550

03/25/42

 

3,187

2,300,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

2.399

08/25/33

 

2,267

7,600,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

3.700

11/25/41

 

7,195

32,000,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

2.499

02/25/42

 

31,136

11,582,786

 

Government National Mortgage Association (GNMA)

 

3.700

10/15/33

 

11,700

215,238

 

GNMA

 

5.000

04/15/38

 

234

264,405

 

GNMA

 

6.500

11/20/38

 

294

964,398

 

GNMA

 

5.000

06/15/39

 

1,059

534,838

 

GNMA

 

5.000

06/15/39

 

587

10,150,135

 

GNMA

 

3.700

08/15/40

 

10,213

4,944,852

 

GNMA

 

4.500

12/20/45

 

5,319

5,066,490

 

GNMA

 

4.000

06/20/46

 

637

19,070,000

h

GNMA

 

2.000

04/20/52

 

18,140

101,240,000

h

GNMA

 

2.500

04/20/52

 

98,191

126,585,000

h

GNMA

 

3.000

04/20/52

 

125,097

11,581,841

g,i

GS Mortgage-Backed Securities Trust

 

2.500

03/25/52

 

10,566

2,360,246

g,i

GS Mortgage-Backed Securities Trust

 

2.500

03/25/52

 

2,251

5,278,009

g,i

GS Mortgage-Backed Securities Trust

 

2.500

05/01/52

 

5,066

12,116,500

†,g,i

GS MortSecurities Trust

 

3.000

08/26/52

 

11,263

8,404,000

g,i

J.P. Morgan Mortgage Trust

 

3.000

09/25/52

 

7,863

15,384,967

g,i

JP Morgan Mortgage Trust

 

2.500

07/25/52

 

14,093

26,607,553

g,i

JP Morgan Mortgage Trust

 

3.250

07/25/52

 

25,511

20,925,000

g,i

JP Morgan Mortgage Trust

 

3.000

08/25/52

 

19,551

16,246,147

g,i

RCKT Mortgage Trust

 

2.500

02/25/52

 

14,839

 

 

TOTAL MORTGAGE BACKED

 

 

 

 

 

 

2,355,227

MUNICIPAL BONDS - 3.0%

 

 

 

 

 

 

 

 

 

2,975,000

 

Chicago Housing Authority

 

3.682

01/01/25

 

3,023

245,000

 

City & County of San Francisco CA Community Facilities District

 

3.264

09/01/25

 

244

1,000,000

 

City & County of San Francisco CA Community Facilities District

 

4.038

09/01/34

 

1,023

845,000

 

City & County of San Francisco CA Community Facilities District

 

3.750

09/01/37

 

830

2,000,000

 

City & County of San Francisco CA Community Facilities District

 

4.000

09/01/48

 

1,982

3,995,000

 

City of Los Angeles CA Wastewater System Revenue

 

4.029

06/01/39

 

4,224

4,940,000

 

City of New York NY

 

3.200

12/01/26

 

4,990

1,575,000

 

City of San Antonio TX Customer Facility Charge Revenue

 

4.353

07/01/25

 

1,644

4,055,000

 

Commonwealth Financing Authority

 

3.864

06/01/38

 

4,197

19,355,000

 

Commonwealth Financing Authority

 

3.807

06/01/41

 

19,739

1,505,000

 

County of Miami-Dade FL Aviation Revenue

 

2.218

10/01/22

 

1,511

1,500,000

 

County of Miami-Dade FL Aviation Revenue

 

2.368

10/01/23

 

1,498

2,500,000

 

County of Miami-Dade FL Aviation Revenue

 

3.285

10/01/23

 

2,531

3,500,000

 

County of Miami-Dade FL Aviation Revenue

 

2.504

10/01/24

 

3,468

2,250,000

 

County of Miami-Dade FL Aviation Revenue

 

3.405

10/01/24

 

2,278

4,365,000

 

County of Miami-Dade FL Aviation Revenue

 

2.604

10/01/25

 

4,293

2,375,000

 

County of Miami-Dade FL Aviation Revenue

 

3.505

10/01/25

 

2,406

2,500,000

 

County of Miami-Dade FL Aviation Revenue

 

2.704

10/01/26

 

2,453

3,940,000

 

County of Miami-Dade FL Aviation Revenue

 

3.049

10/01/26

 

3,923

3,750,000

 

County of Miami-Dade FL Aviation Revenue

 

3.612

10/01/26

 

3,821

280

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$4,700,000

 

 

County of Miami-Dade FL Aviation Revenue

 

 

2.529%

 

10/01/30

 

$4,382

 

3,730,000

 

 

County of Miami-Dade FL Aviation Revenue

3.732

10/01/37

 

3,753

3,900,000

 

 

County of Miami-Dade FL Aviation Revenue

3.982

10/01/41

 

3,930

9,160,000

 

 

County of Miami-Dade FL Aviation Revenue

4.280

10/01/41

 

9,423

2,000,000

 

 

Duke University

 

 

3.199

10/01/38

 

1,923

5,080,000

 

 

Illinois Finance Authority

 

 

3.944

08/15/47

 

5,281

4,805,000

 

 

Los Angeles County Redevelopment Refunding Authority Redev

3.375

09/01/35

 

4,950

 

 

 

Agency Successor Agy

 

 

 

 

 

 

 

 

 

1,110,000

 

 

New Jersey Economic Development Authority

3.800

07/01/22

 

1,116

870,000

 

 

New York City Housing Development Corp

3.403

05/01/22

 

872

750,000

 

 

New York City Housing Development Corp

3.453

11/01/22

 

759

1,360,000

 

 

New York City Housing Development Corp

3.523

05/01/23

 

1,384

1,815,000

 

 

New York City Housing Development Corp

3.573

11/01/23

 

1,850

1,000,000

 

 

New York City Housing Development Corp

3.650

05/01/24

 

1,018

5,680,000

 

 

New York State Dormitory Authority

 

 

3.998

07/01/39

 

5,771

10,605,000

 

 

New York State Dormitory Authority

 

 

4.294

07/01/44

 

11,109

6,000,000

 

 

New York State Dormitory Authority

 

 

3.879

07/01/46

 

6,095

5,000,000

 

 

New York State Thruway Authority

 

 

2.256

01/01/25

 

4,889

6,460,000

 

 

New York State Thruway Authority

 

 

2.406

01/01/26

 

6,275

4,750,000

 

 

New York State Thruway Authority

 

 

2.500

01/01/27

 

4,588

2,000,000

 

 

Port of Corpus Christi Authority of Nueces County

3.138

12/01/22

 

2,020

3,400,000

 

 

Port of Corpus Christi Authority of Nueces County

3.287

12/01/23

 

3,446

1,500,000

 

 

Port of Corpus Christi Authority of Nueces County

3.387

12/01/24

 

1,522

1,000,000

 

 

Port of Corpus Christi Authority of Nueces County

3.487

12/01/25

 

1,022

1,910,000

 

 

Public Finance Authority

 

 

4.269

07/01/40

 

2,020

6,000,000

 

 

San Francisco City & County Airport Comm-San Francisco

3.046

05/01/22

 

6,010

 

 

 

International Airport

 

 

 

 

 

 

 

 

 

6,360,000

 

 

San Jose Redevelopment Agency

 

 

3.375

08/01/34

 

6,259

13,060,000

 

 

State of California

 

 

4.600

04/01/38

 

14,288

10,500,000

 

 

State of Illinois

 

 

3.150

06/15/26

 

10,367

12,500,000

 

 

State of Illinois

 

 

3.250

06/15/27

 

12,306

27,150,000

 

 

State of Illinois

 

 

5.100

06/01/33

 

28,872

9,700,000

 

 

State of Oregon Department of Administrative Services

4.103

05/01/39

 

10,156

9,900,000

 

 

State of Wisconsin

 

 

3.154

05/01/27

 

9,984

25,860,000

 

 

University of California

 

 

3.063

07/01/25

 

25,990

10,230,000

 

 

University of California

 

 

4.601

05/15/31

 

10,957

17,045,000

 

 

University of California

 

 

3.931

05/15/45

 

17,253

21,000,000

 

 

University of Chicago

 

 

4.151

10/01/45

 

21,309

7,620,000

 

 

University of Massachusetts Building Authority

3.097

11/01/35

 

7,141

13,000,000

 

 

University of Massachusetts Building Authority

3.434

11/01/40

 

12,171

20,000,000

 

 

University of New Mexico

 

 

3.532

06/20/32

 

20,642

1,750,000

 

 

Utah Municipal Power Agency

 

 

2.262

07/01/22

 

1,754

1,500,000

 

 

Utah Municipal Power Agency

 

 

2.512

07/01/23

 

1,498

2,160,000

 

 

Virginia Port Authority

 

 

4.228

07/01/36

 

2,283

390,000

 

 

Washington Convention & Sports Authority

3.969

10/01/30

 

409

 

 

 

TOTAL MUNICIPAL BONDS

 

 

 

 

 

 

 

379,125

U.S. TREASURY SECURITIES - 13.8%

 

 

 

 

 

 

 

 

 

 

 

4,500,000

 

 

United States Treasury Bond

 

 

4.750

02/15/37

 

5,871

22,750,000

 

 

United States Treasury Bond

 

 

3.500

02/15/39

 

26,065

12,050,000

 

 

United States Treasury Bond

 

 

3.875

08/15/40

 

14,393

20,935,000

 

 

United States Treasury Bond

 

 

4.375

05/15/41

 

26,603

12,584,000

 

 

United States Treasury Bond

 

 

3.750

08/15/41

 

14,795

6,000,000

 

 

United States Treasury Bond

 

 

2.750

11/15/42

 

6,093

35,680,000

 

 

United States Treasury Bond

 

 

3.000

05/15/45

 

37,907

41,710,000

 

 

United States Treasury Bond

 

 

2.875

08/15/45

 

43,476

52,140,000

 

 

United States Treasury Bond

 

 

2.500

05/15/46

 

51,087

1,075,000

 

 

United States Treasury Bond

 

 

3.000

05/15/47

 

1,161

30,710,000

 

 

United States Treasury Bond

 

 

2.750

11/15/47

 

31,864

6,155,000

 

 

United States Treasury Bond

 

 

3.125

05/15/48

 

6,872

51,995,000

 

 

United States Treasury Bond

 

 

3.000

08/15/48

 

56,772

20,120,000

 

 

United States Treasury Bond

 

 

3.375

11/15/48

 

23,559

34,101,864

 

k

United States Treasury Inflation Indexed

Bonds

0.500

04/15/24

 

35,842

39,285,000

 

 

United States Treasury Note

 

 

0.125

08/31/22

 

39,155

281

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$50,000,000

 

 

United States Treasury Note

 

 

1.500%

 

09/15/22

 

$50,119

27,305,000

 

 

United States Treasury Note

 

0.125

10/31/22

 

27,136

14,575,000

 

 

United States Treasury Note

 

0.125

01/31/23

 

14,403

4,475,000

 

 

United States Treasury Note

 

0.125

03/31/23

 

4,405

9,875,000

 

 

United States Treasury Note

 

0.125

05/31/23

 

9,673

5,145,000

 

 

United States Treasury Note

 

0.125

08/31/23

 

5,006

73,500,000

 

 

United States Treasury Note

 

0.250

11/15/23

 

71,220

131,880,000

 

e

United States Treasury Note

 

1.500

02/29/24

 

129,958

122,400,000

 

 

United States Treasury Note

 

1.750

03/15/25

 

119,809

2,205,000

 

 

United States Treasury Note

 

0.250

10/31/25

 

2,033

290,990,000

 

 

United States Treasury Note

 

1.875

02/28/27

 

283,192

29,925,000

 

 

United States Treasury Note

 

0.500

10/31/27

 

26,865

1,250,000

 

 

United States Treasury Note

 

1.250

09/30/28

 

1,160

12,410,000

 

 

United States Treasury Note

 

1.875

02/28/29

 

11,980

208,548,000

 

 

United States Treasury Note

 

1.875

02/15/32

 

200,271

10,000,000

 

 

United States Treasury Note

 

1.125

08/15/40

 

7,839

51,875,800

 

 

United States Treasury Note

 

2.250

02/15/42

 

50,036

125,773,000

 

 

United States Treasury Note

 

1.875

11/15/51

 

110,327

181,952,000

 

 

United States Treasury Note

 

2.250

02/15/52

 

174,503

 

 

 

 

TOTAL U.S. TREASURY SECURITIES

 

 

 

 

 

 

1,721,450

 

 

 

 

TOTAL GOVERNMENT BONDS

 

 

 

 

 

 

5,121,174

 

 

 

 

(Cost $5,215,527)

 

 

 

 

 

 

 

STRUCTURED ASSETS - 17.5%

 

 

 

 

 

 

 

 

 

ASSET BACKED - 6.6%

 

 

 

 

 

 

 

 

 

7,100,000

 

g,i

AIMCO CLO 16 Ltd

LIBOR 3 M + 1.650%

1.895

01/17/35

 

7,000

 

 

 

 

Series - 2021 16A (Class B)

 

 

 

 

 

 

 

7,500,000

 

g,i

AIMCO CLO Series

LIBOR 3 M + 1.500%

1.754

04/20/34

 

7,350

 

 

 

 

Series - 2017 AA (Class BR)

 

 

 

 

 

 

 

4,120,000

 

 

AmeriCredit Automobile Receivables Trust

 

2.130

03/18/26

 

4,027

 

 

 

 

Series - 2020 2 (Class D)

 

 

 

 

 

 

 

6,190,000

 

 

AmeriCredit Automobile Receivables Trust

 

1.490

09/18/26

 

5,917

 

 

 

 

Series - 2020 3 (Class D)

 

 

 

 

 

 

 

2,121,964

 

g

AMSR Trust

 

1.819

04/17/37

 

2,012

 

 

 

 

Series - 2020 SFR1 (Class A)

 

 

 

 

 

 

 

3,499,000

 

g

AMSR Trust

 

3.148

01/19/39

 

3,352

 

 

 

 

Series - 2019 SFR1 (Class C)

 

 

 

 

 

 

 

3,347,000

 

g

AMSR Trust

 

3.247

01/19/39

 

3,169

 

 

 

 

Series - 2019 SFR1 (Class D)

 

 

 

 

 

 

 

74,236

 

†,g

Asset Backed Funding Corp NIM Trust

 

5.900

07/26/35

 

0^

 

 

 

 

Series - 2005 WMC1 (Class N1)

 

 

 

 

 

 

 

12,000,000

 

g

Avis Budget Rental Car Funding AESOP LLC

 

3.070

09/20/23

 

12,036

 

 

 

 

Series - 2017 1A (Class A)

 

 

 

 

 

 

 

32,000,000

 

g

Avis Budget Rental Car Funding AESOP LLC

 

2.970

03/20/24

 

32,118

 

 

 

 

Series - 2017 2A (Class A)

 

 

 

 

 

 

 

9,500,000

 

g

Avis Budget Rental Car Funding AESOP LLC

 

1.380

08/20/27

 

8,804

 

 

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

4,400,000

 

g

BHG Securitization Trust

 

1.670

10/17/34

 

4,097

 

 

 

 

Series - 2021 B (Class B)

 

 

 

 

 

 

 

2,564,792

 

g

BRE Grand Islander Timeshare Issuer LLC

 

3.280

09/26/33

 

2,530

 

 

 

 

Series - 2019 A (Class A)

 

 

 

 

 

 

 

12,284,846

 

g

Capital Automotive REIT

 

2.690

02/15/50

 

12,009

 

 

 

 

Series - 2020 1A (Class A1)

 

 

 

 

 

 

 

5,883,888

 

g

Capital Automotive REIT

 

1.440

08/15/51

 

5,494

 

 

 

 

Series - 2021 1A (Class A1)

 

 

 

 

 

 

 

4,230,000

 

g

Capital Automotive REIT

 

1.920

08/15/51

 

3,942

 

 

 

 

Series - 2021 1A (Class A3)

 

 

 

 

 

 

 

9,875,000

 

g

Cars Net Lease Mortgage Notes Series

 

2.010

12/15/50

 

9,151

 

 

 

 

Series - 2020 1A (Class A1)

 

 

 

 

 

 

 

5,000,000

 

 

Carvana Auto Receivables Trust

 

0.970

03/10/28

 

4,766

 

 

 

 

Series - 2021 N2 (Class A2)

 

 

 

 

 

 

 

282

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,000,000

 

Carvana Auto Receivables Trust

 

 

1.270%

 

03/10/28

 

$967

 

 

 

Series - 2021 N2 (Class D)

 

 

 

 

 

 

 

 

EUR 600,000

g,h,i

Cassia SRL

EURIBOR 3 M + 3.500%

0.000

05/22/34

664

 

 

Series - 2022 1A (Class B)

 

 

 

 

 

 

 

 

4,150,000

g,i

Cayuga Park CLO Ltd

LIBOR 3 M + 1.650%

1.000

07/17/34

4,109

 

 

Series - 2020 1A (Class B1R)

 

 

 

 

 

 

 

 

821,622

i

C-BASS Trust

LIBOR 1 M + 0.160%

0.617

07/25/36

796

 

 

Series - 2006 CB6 (Class A1)

 

 

 

 

 

 

 

 

17,581,617

g

CF Hippolyta LLC

 

1.690

07/15/60

16,614

 

 

Series - 2020 1 (Class A1)

 

 

 

 

 

 

 

 

5,205,013

g

CF Hippolyta LLC

 

1.990

07/15/60

4,783

 

 

Series - 2020 1 (Class A2)

 

 

 

 

 

 

 

 

3,010,046

g

CF Hippolyta LLC

 

2.280

07/15/60

2,839

 

 

Series - 2020 1 (Class B1)

 

 

 

 

 

 

 

 

19,290,107

g

CF Hippolyta LLC

 

1.530

03/15/61

17,922

 

 

Series - 2021 1A (Class A1)

 

 

 

 

 

 

 

 

4,581,400

g

CF Hippolyta LLC

 

1.980

03/15/61

4,215

 

 

Series - 2021 1A (Class B1)

 

 

 

 

 

 

 

 

428,194

i

Chase Funding Mortgage Loan Asset-Backed Certificates

 

5.700

02/26/35

438

 

 

Series - 2004 2 (Class 1M2)

 

 

 

 

 

 

 

 

25,500,000

 

Chase Issuance Trust

 

1.530

01/15/25

25,445

 

 

Series - 2020 A1 (Class A1)

 

 

 

 

 

 

 

 

1,500,000

g,i

CIFC Funding Ltd

LIBOR 3 M + 1.220%

1.474

07/20/30

1,496

 

 

Series - 2017 3A (Class A1)

 

 

 

 

 

 

 

 

2,000,000

g,i

CIFC Funding Ltd

LIBOR 3 M + 1.600%

1.841

11/16/30

1,986

 

 

Series - 2017 5A (Class A2)

 

 

 

 

 

 

 

 

106,257

 

CIT Group Home Equity Loan Trust (Step Bond)

 

6.200

02/25/30

105

 

 

Series - 2002 1 (Class AF6)

 

 

 

 

 

 

 

 

7,548,942

g

Corevest American Finance Trust

 

1.832

03/15/50

7,221

 

 

Series - 2020 1 (Class A1)

 

 

 

 

 

 

 

 

8,102,250

g

DB Master Finance LLC

 

4.021

05/20/49

8,118

 

 

Series - 2019 1A (Class A2II)

 

 

 

 

 

 

 

 

37,406,250

g

DB Master Finance LLC

 

2.045

11/20/51

34,127

 

 

Series - 2021 1A (Class A2I)

 

 

 

 

 

 

 

 

29,526,000

g

DB Master Finance LLC

 

2.493

11/20/51

26,618

 

 

Series - 2021 1A (Class A2II)

 

 

 

 

 

 

 

 

1,766,296

g

Diamond Resorts Owner Trust

 

3.700

01/21/31

1,770

 

 

Series - 2018 1 (Class A)

 

 

 

 

 

 

 

 

4,250,220

g

Diamond Resorts Owner Trust

 

2.890

02/20/32

4,211

 

 

Series - 2019 1A (Class A)

 

 

 

 

 

 

 

 

621,671

g

Diamond Resorts Owner Trust

 

2.700

11/21/33

603

 

 

Series - 2021 1A (Class C)

 

 

 

 

 

 

 

 

28,360,688

g

Domino's Pizza Master Issuer LLC

 

2.662

04/25/51

26,294

 

 

Series - 2021 1A (Class A2I)

 

 

 

 

 

 

 

 

3,800,000

g,i

Dryden 49 Senior Loan Fund

LIBOR 3 M + 1.600%

1.841

07/18/30

3,777

 

 

Series - 2017 49A (Class BR)

 

 

 

 

 

 

 

 

4,000,000

g

DT Auto Owner Trust

 

0.840

10/15/26

3,876

 

 

Series - 2021 1A (Class C)

 

 

 

 

 

 

 

 

1,420,487

g,i

Ellington Loan Acquisition Trust

LIBOR 1 M + 1.100%

1.557

05/25/37

1,417

 

 

Series - 2007 2 (Class A2C)

 

 

 

 

 

 

 

 

8,283,909

g

FCI Funding LLC

 

1.130

04/15/33

8,199

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

 

8,012,242

g

FNA VI LLC

 

1.350

01/10/32

7,647

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

 

10,050,000

g

Ford Credit Auto Owner Trust

 

2.360

03/15/29

10,084

 

 

Series - 2017 2 (Class A)

 

 

 

 

 

 

 

 

12,000,000

 

Ford Credit Floorplan Master Owner Trust

 

2.230

09/15/24

12,032

 

 

Series - 2019 3 (Class A1)

 

 

 

 

 

 

 

 

1,947,241

g,i

GoldenTree Loan Opportunities IX Ltd

LIBOR 3 M + 1.110%

1.409

10/29/29

1,945

 

 

Series - 2014 9A (Class AR2)

 

 

 

 

 

 

 

 

4,000,000

g

GSCG Trust

 

2.936

09/06/34

3,918

 

 

Series - 2019 600C (Class A)

 

 

 

 

 

 

 

 

312,378

g

HERO Funding Trust

 

3.280

09/20/48

308

 

 

Series - 2017 2A (Class A1)

 

 

 

 

 

 

 

 

283

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$624,757

g

HERO Funding Trust

 

 

4.070%

 

09/20/48

 

$623

 

 

Series - 2017 2A (Class A2)

 

 

 

 

 

 

 

24,000,000

g

Hertz Vehicle Financing LLC

 

1.210

12/26/25

22,726

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

2,140,977

g

Hilton Grand Vacations Trust

 

2.660

12/26/28

2,139

 

 

Series - 2017 AA (Class A)

 

 

 

 

 

 

 

1,846,593

g

Hilton Grand Vacations Trust

 

2.960

12/26/28

1,841

 

 

Series - 2017 AA (Class B)

 

 

 

 

 

 

 

4,548,673

g

Hilton Grand Vacations Trust

 

2.340

07/25/33

4,446

 

 

Series - 2019 AA (Class A)

 

 

 

 

 

 

 

480,919

i

Home Equity Asset Trust

LIBOR 1 M + 1.500%

3.986

06/25/33

481

 

 

Series - 2003 1 (Class M1)

 

 

 

 

 

 

 

1,499,931

g,i

Invitation Homes Trust

LIBOR 1 M + 1.250%

1.691

01/17/38

1,499

 

 

Series - 2018 SFR4 (Class B)

 

 

 

 

 

 

 

4,173,184

g

JG Wentworth XXII LLC

 

3.820

12/15/48

4,203

 

 

Series - 2010 3A (Class A)

 

 

 

 

 

 

 

5,000,000

g,i

KKR Clo 32 Ltd

LIBOR 3 M + 1.750%

1.991

01/15/32

4,950

 

 

Series - 2020 32A (Class B)

 

 

 

 

 

 

 

5,500,000

g,i

Madison Park Funding XXI Ltd

LIBOR 3 M + 1.650%

0.000

10/15/32

5,448

 

 

Series - 2016 21A (Class A2RR)

 

 

 

 

 

 

 

530,000

g,i

Magnetite XVIII Ltd

LIBOR 3 M + 1.500%

2.006

11/15/28

526

 

 

Series - 2016 18A (Class BR)

 

 

 

 

 

 

 

3,500,000

g,i

Massachusetts St

LIBOR 3 M + 1.650%

1.882

01/15/35

3,470

 

 

Series - 2021 3A (Class B)

 

 

 

 

 

 

 

5,853,771

g

MVW LLC

 

1.140

01/22/41

5,547

 

 

Series - 2021 1WA (Class A)

 

 

 

 

 

 

 

1,791,124

g

MVW Owner Trust

 

2.420

12/20/34

1,784

 

 

Series - 2017 1A (Class A)

 

 

 

 

 

 

 

2,016,031

g

MVW Owner Trust

 

3.450

01/21/36

2,015

 

 

Series - 2018 1A (Class A)

 

 

 

 

 

 

 

2,159,216

g

MVW Owner Trust

 

2.890

11/20/36

2,132

 

 

Series - 2019 1A (Class A)

 

 

 

 

 

 

 

7,061,356

g

MVW Owner Trust

 

2.220

10/20/38

6,863

 

 

Series - 2019 2A (Class A)

 

 

 

 

 

 

 

4,106,327

g

Navient Private Education Refi Loan Trust

 

1.310

01/15/69

3,976

 

 

Series - 2020 HA (Class A)

 

 

 

 

 

 

 

6,738,178

g

Navient Private Education Refi Loan Trust

 

0.840

05/15/69

6,433

 

 

Series - 2021 A (Class A)

 

 

 

 

 

 

 

3,277,533

g

Navient Student Loan Trust

 

3.390

12/15/59

3,278

 

 

Series - 2019 BA (Class A2A)

 

 

 

 

 

 

 

10,000,000

g,i

Neuberger Berman CLO Ltd

 

0.000

04/25/36

9,976

 

 

Series - 2022 48A (Class B)

 

 

 

 

 

 

 

8,600,000

g,i

Neuberger Berman Loan Advisers CLO 31 Ltd

LIBOR 3 M + 1.550%

1.804

04/20/31

8,525

 

 

Series - 2019 31A (Class BR)

 

 

 

 

 

 

 

6,650,000

g,i

OHA Credit Funding 10 Ltd

LIBOR 3 M + 1.650%

1.896

01/18/36

6,632

 

 

Series - 2021 10A (Class B)

 

 

 

 

 

 

 

17,005,000

g

OneMain Financial Issuance Trust

 

3.840

05/14/32

17,137

 

 

Series - 2020 1A (Class A)

 

 

 

 

 

 

 

17,350,000

g

OneMain Financial Issuance Trust

 

1.750

09/14/35

16,100

 

 

Series - 2020 2A (Class A)

 

 

 

 

 

 

 

5,000,000

g

Oportun Funding XIV LLC

 

1.210

03/08/28

4,855

 

 

Series - 2021 A (Class A)

 

 

 

 

 

 

 

612,689

g

Orange Lake Timeshare Trust

 

3.100

11/08/30

614

 

 

Series - 2018 A (Class A)

 

 

 

 

 

 

 

7,500,000

g,i

Palmer Square CLO Ltd

 

0.000

04/20/35

7,446

 

 

Series - 2022 1A (Class B)

 

 

 

 

 

 

 

20,500,000

g

PFS Financing Corp

 

1.270

06/15/25

20,196

 

 

Series - 2020 A (Class A)

 

 

 

 

 

 

 

9,000,000

g

PFS Financing Corp

 

1.000

10/15/25

8,766

 

 

Series - 2020 E (Class A)

 

 

 

 

 

 

 

9,861,000

g

PFS Financing Corp

 

0.970

02/15/26

9,451

 

 

Series - 2020 G (Class A)

 

 

 

 

 

 

 

2,809,000

g

Progress Residential Trust

 

2.937

10/17/36

2,735

 

 

Series - 2019 SFR4 (Class B)

 

 

 

 

 

 

 

284

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$5,385,000

g

Progress Residential Trust

 

 

2.082%

 

10/17/38

 

$4,800

 

 

 

Series - 2021 SFR8 (Class D)

 

 

 

 

 

 

 

 

1,450,000

g

Progress Residential Trust

 

2.711

11/17/40

1,280

 

 

Series - 2021 SFR9 (Class D)

 

 

 

 

 

 

 

 

1,000,000

g

Purchasing Power Funding LLC

 

4.370

10/15/25

979

 

 

Series - 2021 A (Class D)

 

 

 

 

 

 

 

 

11,473

i

Renaissance Home Equity Loan Trust

LIBOR 1 M + 0.880%

1.337

08/25/33

11

 

 

Series - 2003 2 (Class A)

 

 

 

 

 

 

 

 

15,420,000

 

Santander Drive Auto Receivables Trust

 

2.220

09/15/26

15,299

 

 

Series - 2020 2 (Class D)

 

 

 

 

 

 

 

 

3,690,000

 

Santander Drive Auto Receivables Trust

 

1.480

01/15/27

3,591

 

 

Series - 2020 4 (Class D)

 

 

 

 

 

 

 

 

34,000,000

 

Santander Drive Auto Receivables Trust

 

1.670

10/15/27

31,747

 

 

Series - 2021 4 (Class D)

 

 

 

 

 

 

 

 

22,083,125

g

SERVPRO Master Issuer LLC

 

2.394

04/25/51

19,857

 

 

Series - 2021 1A (Class A2)

 

 

 

 

 

 

 

 

1,822,614

g

Sierra Timeshare Receivables Funding LLC

 

3.500

06/20/35

1,821

 

 

Series - 2018 2A (Class A)

 

 

 

 

 

 

 

 

2,063,150

g

Sierra Timeshare Receivables Funding LLC

 

3.200

01/20/36

2,056

 

 

Series - 2019 1A (Class A)

 

 

 

 

 

 

 

 

3,116,474

g

Sierra Timeshare Receivables Funding LLC

 

2.590

05/20/36

3,069

 

 

Series - 2019 2A (Class A)

 

 

 

 

 

 

 

 

1,898,629

g

Sierra Timeshare Receivables Funding LLC

 

2.340

08/20/36

1,857

 

 

Series - 2019 3A (Class A)

 

 

 

 

 

 

 

 

2,512,617

g

Sierra Timeshare Receivables Funding LLC

 

0.990

11/20/37

2,399

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

 

2,724,355

g

Sierra Timeshare Receivables Funding LLC

 

1.340

11/20/37

2,592

 

 

Series - 2021 1A (Class B)

 

 

 

 

 

 

 

 

1,510,394

g

Sierra Timeshare Receivables Funding LLC

 

1.790

11/20/37

1,452

 

 

Series - 2021 1A (Class C)

 

 

 

 

 

 

 

 

4,452,970

g

SMB Private Education Loan Trust

 

2.430

02/17/32

4,374

 

 

Series - 2016 B (Class A2A)

 

 

 

 

 

 

 

 

6,850,141

g

SMB Private Education Loan Trust

 

2.880

09/15/34

6,806

 

 

Series - 2017 A (Class A2A)

 

 

 

 

 

 

 

 

7,258,448

g

SMB Private Education Loan Trust

 

2.820

10/15/35

7,105

 

 

Series - 2017 B (Class A2A)

 

 

 

 

 

 

 

 

3,192,331

g

SMB Private Education Loan Trust

 

3.500

02/15/36

3,201

 

 

Series - 2018 A (Class A2A)

 

 

 

 

 

 

 

 

2,225,043

g

SoFi Professional Loan Program LLC

 

2.340

04/25/33

2,225

 

 

Series - 2016 D (Class A2B)

 

 

 

 

 

 

 

 

259,263

g

SoFi Professional Loan Program LLC

 

2.490

01/25/36

260

 

 

Series - 2016 E (Class A2B)

 

 

 

 

 

 

 

 

552,142

g

SoFi Professional Loan Program LLC

 

2.400

03/26/40

553

 

 

Series - 2017 A (Class A2B)

 

 

 

 

 

 

 

 

1,659,567

g

SoFi Professional Loan Program LLC

 

2.740

05/25/40

1,662

 

 

Series - 2017 B (Class A2FX)

 

 

 

 

 

 

 

 

640,839

g

SoFi Professional Loan Program LLC

 

2.630

07/25/40

641

 

 

Series - 2017 C (Class A2B)

 

 

 

 

 

 

 

 

2,199,191

g

SoFi Professional Loan Program LLC

 

2.720

11/26/40

2,203

 

 

Series - 2017 E (Class A2B)

 

 

 

 

 

 

 

 

4,133,340

g

SoFi Professional Loan Program LLC

 

2.840

01/25/41

4,137

 

 

Series - 2017 F (Class A2FX)

 

 

 

 

 

 

 

 

7,662,406

g

SoFi Professional Loan Program LLC

 

2.950

02/25/42

7,658

 

 

Series - 2018 A (Class A2B)

 

 

 

 

 

 

 

 

2,740,596

g

SoFi Professional Loan Program LLC

 

3.690

06/15/48

2,752

 

 

Series - 2019 A (Class A2FX)

 

 

 

 

 

 

 

 

5,821,731

g

SpringCastle America Funding LLC

 

1.970

09/25/37

5,607

 

 

Series - 2020 AA (Class A)

 

 

 

 

 

 

 

 

9,021,000

g

SpringCastle America Funding LLC

 

2.660

09/25/37

8,863

 

 

Series - 2020 AA (Class B)

 

 

 

 

 

 

 

 

9,000,000

g

Stack Infrastructure Issuer LLC

 

1.893

08/25/45

8,437

 

 

Series - 2020 1A (Class A2)

 

 

 

 

 

 

 

 

5,875,000

g

Stack Infrastructure Issuer LLC

 

1.877

03/26/46

5,392

 

 

Series - 2021 1A (Class A2)

 

 

 

 

 

 

 

 

285

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$146,278

 

i

Structured Asset Investment Loan Trust

LIBOR 1 M + 0.900%

 

1.357%

 

09/25/34

 

$144

 

 

 

Series - 2004 8 (Class M1)

 

 

 

 

 

 

 

586,616

 

i

Structured Asset Investment Loan Trust

LIBOR 1 M + 1.000%

1.457

09/25/34

 

585

 

 

 

Series - 2004 8 (Class A9)

 

 

 

 

 

 

 

1,809,750

 

g

Taco Bell Funding LLC

 

4.970

05/25/46

 

1,840

 

 

 

Series - 2016 1A (Class A23)

 

 

 

 

 

 

 

26,802,825

 

g

Taco Bell Funding LLC

 

1.946

08/25/51

 

24,240

 

 

 

Series - 2021 1A (Class A2I)

 

 

 

 

 

 

 

16,368,975

 

g

Taco Bell Funding LLC

 

2.294

08/25/51

 

14,595

 

 

 

Series - 2021 1A (Class A2II)

 

 

 

 

 

 

 

2,300,000

 

g

Tesla Auto Lease Trust

 

0.780

12/20/23

 

2,275

 

 

 

Series - 2020 A (Class A4)

 

 

 

 

 

 

 

7,000,000

 

g,i

TICP CLO VIII Ltd

LIBOR 3 M + 1.700%

1.907

10/20/34

 

6,961

 

 

 

Series - 2017 8A (Class A2R)

 

 

 

 

 

 

 

3,755,706

 

g

Tricon American Homes Trust

 

2.928

01/17/36

 

3,728

 

 

 

Series - 2017 SFR2 (Class A)

 

 

 

 

 

 

 

1,050,000

 

g

Tricon American Homes Trust

 

3.275

01/17/36

 

1,040

 

 

 

Series - 2017 SFR2 (Class B)

 

 

 

 

 

 

 

1,275,000

 

g

Tricon American Homes Trust

 

2.049

07/17/38

 

1,177

 

 

 

Series - 2020 SFR1 (Class B)

 

 

 

 

 

 

 

8,255,950

 

 

Verizon Owner Trust

 

1.850

07/22/24

 

8,258

 

 

 

Series - 2020 A (Class A1A)

 

 

 

 

 

 

 

440,000

 

 

Verizon Owner Trust

 

0.770

04/21/25

 

424

 

 

 

Series - 2020 C (Class C)

 

 

 

 

 

 

 

3,500,000

 

g,i

Vitality Re X Ltd

U.S. Treasury Bill 3 M + 1.750%

2.258

01/10/23

 

3,469

 

 

 

Series - 2020 A (Class )

 

 

 

 

 

 

 

19,582,025

 

g

Wendy's Funding LLC

 

2.370

06/15/51

 

17,417

 

 

 

Series - 2021 1A (Class A2I)

 

 

 

 

 

 

 

 

 

 

TOTAL ASSET BACKED

 

 

 

 

 

 

819,970

OTHER MORTGAGE BACKED - 10.9%

 

 

 

 

 

 

 

 

 

3,000,000

 

g,i

20 Times Square Trust

 

3.100

05/15/35

 

2,939

 

 

 

Series - 2018 20TS (Class B)

 

 

 

 

 

 

 

12,000,000

 

g,i

20 TSQ GROUNDCO LLC

 

3.100

05/15/35

 

11,410

 

 

 

Series - 2018 20TS (Class E)

 

 

 

 

 

 

 

2,919,630

 

g,i

ACRE Commercial Mortgage Ltd

LIBOR 1 M + 0.830%

1.298

12/18/37

 

2,898

 

 

 

Series - 2021 FL4 (Class A)

 

 

 

 

 

 

 

1,243,252

 

g,i

Agate Bay Mortgage Trust

 

3.500

09/25/45

 

1,234

 

 

 

Series - 2015 6 (Class A9)

 

 

 

 

 

 

 

5,000,000

 

g,i

Alen Mortgage Trust

LIBOR 1 M + 2.250%

2.647

04/15/34

 

4,884

 

 

 

Series - 2021 ACEN (Class C)

 

 

 

 

 

 

 

GBP 520,331

g,i

Atom Mortgage Securities DAC

SONIA Interest Rate Benchmark

0.000

07/22/31

 

666

 

 

 

 

+ 1.900%

 

 

 

 

 

 

 

 

 

Series - 2021 1A (Class D)

 

 

 

 

 

 

 

1,067,340

 

i

BANK

 

3.925

11/15/50

 

1,057

 

 

 

Series - 2017 BNK8 (Class B)

 

 

 

 

 

 

 

2,500,000

 

i

BANK

 

4.069

11/15/50

 

2,419

 

 

 

Series - 2017 BNK8 (Class C)

 

 

 

 

 

 

 

3,800,000

 

 

BANK

 

3.203

12/15/52

 

3,675

 

 

 

Series - 2019 BN23 (Class AS)

 

 

 

 

 

 

 

1,000,000

 

i

BANK

 

3.851

07/15/60

 

969

 

 

 

Series - 2017 BNK6 (Class C)

 

 

 

 

 

 

 

2,000,000

 

 

BANK

 

2.758

09/15/62

 

1,913

 

 

 

Series - 2019 BN20 (Class A2)

 

 

 

 

 

 

 

8,000,000

 

i

BANK

 

3.283

11/15/62

 

7,772

 

 

 

Series - 2019 BN24 (Class AS)

 

 

 

 

 

 

 

772,000

 

i

BANK

 

3.517

11/15/62

 

726

 

 

 

Series - 2019 BN24 (Class C)

 

 

 

 

 

 

 

7,227,609

 

g,i

Bayview MSR Opportunity Master Fund Trust

 

3.000

10/25/51

 

6,815

 

 

 

Series - 2021 6 (Class A19)

 

 

 

 

 

 

 

1,250,000

 

g,i

BBCMS Mortgage Trust

 

4.267

08/05/38

 

999

 

 

 

Series - 2018 CHRS (Class E)

 

 

 

 

 

 

 

4,903,223

 

 

BBCMS Mortgage Trust

 

3.488

02/15/50

 

4,942

 

 

 

Series - 2017 C1 (Class ASB)

 

 

 

 

 

 

 

286

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$452,658

i

Bear Stearns Commercial Mortgage Securities Trust

 

 

5.214%

 

02/11/41

 

$449

 

 

 

Series - 2005 PWR7 (Class B)

 

 

 

 

 

 

 

 

4,600,000

g,i

Benchmark Mortgage Trust

 

2.791

09/15/48

4,351

 

 

Series - 2020 IG2 (Class AM)

 

 

 

 

 

 

 

 

2,740,000

g,i

Benchmark Mortgage Trust

 

3.131

09/15/48

2,625

 

 

Series - 2020 IG3 (Class AS)

 

 

 

 

 

 

 

 

2,500,000

g,i

Benchmark Mortgage Trust

 

3.536

09/15/48

2,397

 

 

Series - 2020 IG3 (Class BXA)

 

 

 

 

 

 

 

 

1,445,000

 

Benchmark Mortgage Trust

 

4.232

01/15/52

1,513

 

 

Series - 2018 B8 (Class A5)

 

 

 

 

 

 

 

 

3,452,143

 

Benchmark Mortgage Trust

 

4.016

03/15/52

3,574

 

 

Series - 2019 B9 (Class A5)

 

 

 

 

 

 

 

 

1,500,000

 

Benchmark Mortgage Trust

 

3.419

08/15/52

1,472

 

 

Series - 2019 B12 (Class AS)

 

 

 

 

 

 

 

 

830,000

 

Benchmark Mortgage Trust

 

4.241

05/15/53

853

 

 

Series - 2018 B7 (Class A3)

 

 

 

 

 

 

 

 

5,921,744

i

Benchmark Mortgage Trust

 

4.510

05/15/53

6,296

 

 

Series - 2018 B7 (Class A4)

 

 

 

 

 

 

 

 

1,000,000

 

Benchmark Mortgage Trust

 

2.355

07/15/54

878

 

 

Series - 2021 B27 (Class B)

 

 

 

 

 

 

 

 

10,000,000

i

Benchmark Mortgage Trust

 

2.244

08/15/54

8,844

 

 

Series - 2021 B28 (Class B)

 

 

 

 

 

 

 

 

10,000,000

 

Benchmark Mortgage Trust

 

2.429

08/15/54

9,056

 

 

Series - 2021 B28 (Class AS)

 

 

 

 

 

 

 

 

3,000,000

i

BENCHMARK Mortgage Trust

 

4.197

02/15/51

2,956

 

 

Series - 2018 B2 (Class C)

 

 

 

 

 

 

 

 

9,500,000

 

BMARK A5

 

2.612

09/15/54

8,845

 

 

Series - 2021 B29 (Class AS)

 

 

 

 

 

 

 

 

2,360,000

g

BWAY Mortgage Trust

 

3.402

02/10/44

2,281

 

 

Series - 2022 26BW (Class A)

 

 

 

 

 

 

 

 

5,000,000

g,i

BX Commercial Mortgage Trust

LIBOR 1 M + 0.921%

1.318

12/15/38

4,919

 

 

Series - 2021 CIP (Class A)

 

 

 

 

 

 

 

 

7,500,000

g,i

BX Commercial Mortgage Trust

LIBOR 1 M + 1.271%

1.668

12/15/38

7,359

 

 

Series - 2021 CIP (Class B)

 

 

 

 

 

 

 

 

1,325,000

g

BXP Trust

 

3.459

08/13/37

1,317

 

 

Series - 2017 CC (Class A)

 

 

 

 

 

 

 

 

5,000,000

g

BXP Trust

 

2.618

01/15/44

4,520

 

 

Series - 2021 601L (Class A)

 

 

 

 

 

 

 

 

15,000,000

g,i

BXP Trust

 

2.775

01/15/44

12,701

 

 

Series - 2021 601L (Class C)

 

 

 

 

 

 

 

 

8,000,000

g,i

BXP Trust

 

2.775

01/15/44

6,422

 

 

Series - 2021 601L (Class D)

 

 

 

 

 

 

 

 

4,585,084

 

CD Mortgage Trust

 

2.622

08/10/49

4,531

 

 

Series - 2016 CD1 (Class ASB)

 

 

 

 

 

 

 

 

9,000,000

 

CD Mortgage Trust

 

2.926

08/10/49

8,640

 

 

Series - 2016 CD1 (Class AM)

 

 

 

 

 

 

 

 

5,750,000

i

CD Mortgage Trust

 

3.879

11/10/49

5,571

 

 

Series - 2016 CD2 (Class B)

 

 

 

 

 

 

 

 

1,000,000

i

CD Mortgage Trust

 

3.983

11/10/49

921

 

 

Series - 2016 CD2 (Class C)

 

 

 

 

 

 

 

 

951,923

 

CD Mortgage Trust

 

3.453

02/10/50

956

 

 

Series - 2017 CD3 (Class AAB)

 

 

 

 

 

 

 

 

500,000

i

CD Mortgage Trust

 

4.555

02/10/50

473

 

 

Series - 2017 CD3 (Class C)

 

 

 

 

 

 

 

 

5,000,000

 

CD Mortgage Trust

 

3.220

08/15/50

4,969

 

 

Series - 2017 CD5 (Class AAB)

 

 

 

 

 

 

 

 

3,457,000

 

CD Mortgage Trust

 

2.812

08/15/57

3,359

 

 

Series - 2019 CD8 (Class ASB)

 

 

 

 

 

 

 

 

909,165

 

CFCRE Commercial Mortgage Trust

 

3.121

05/10/58

891

 

 

Series - 2016 C4 (Class AHR)

 

 

 

 

 

 

 

 

508,802

i

CHL Mortgage Pass-Through Trust

 

2.505

02/20/35

512

 

 

Series - 2004 HYB9 (Class 1A1)

 

 

 

 

 

 

 

 

2,500,000

g,i

Citigroup Commercial Mortgage Trust

 

3.518

05/10/35

2,488

 

 

Series - 2013 375P (Class B)

 

 

 

 

 

 

 

 

287

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$5,750,000

g

Citigroup Commercial Mortgage Trust

 

 

3.341%

 

05/10/36

 

$5,726

 

 

Series - 2019 PRM (Class A)

 

 

 

 

 

 

 

1,054,000

i

Citigroup Commercial Mortgage Trust

 

3.732

04/10/46

1,056

 

 

Series - 2013 GC11 (Class B)

 

 

 

 

 

 

 

2,400,000

 

Citigroup Commercial Mortgage Trust

 

4.023

03/10/47

2,426

 

 

Series - 2014 GC19 (Class A4)

 

 

 

 

 

 

 

1,700,000

i

Citigroup Commercial Mortgage Trust

 

3.758

04/10/48

1,683

 

 

Series - 2015 GC29 (Class B)

 

 

 

 

 

 

 

3,000,000

i

Citigroup Commercial Mortgage Trust

 

4.142

04/10/48

2,944

 

 

Series - 2015 GC29 (Class C)

 

 

 

 

 

 

 

1,000,000

i

Citigroup Commercial Mortgage Trust

 

3.720

12/10/49

1,009

 

 

Series - 2016 P6 (Class A5)

 

 

 

 

 

 

 

5,300,000

 

Citigroup Commercial Mortgage Trust

 

3.243

08/15/50

5,302

 

 

Series - 2017 B1 (Class AAB)

 

 

 

 

 

 

 

6,765,000

 

Citigroup Commercial Mortgage Trust

 

3.764

10/12/50

6,747

 

 

Series - 2017 C4 (Class AS)

 

 

 

 

 

 

 

2,000,000

 

Citigroup Commercial Mortgage Trust

 

3.778

09/10/58

2,025

 

 

Series - 2015 GC33 (Class A4)

 

 

 

 

 

 

 

320,203

i

Citigroup Mortgage Loan Trust

LIBOR 1 M + 0.750%

1.207

01/25/36

320

 

 

Series - 2006 WFH1 (Class M4)

 

 

 

 

 

 

 

5,000,000

g

COMM Mortgage Trust

 

3.244

10/10/29

4,921

 

 

Series - 2017 PANW (Class A)

 

 

 

 

 

 

 

3,000,000

g

COMM Mortgage Trust

 

3.376

01/10/39

2,899

 

 

Series - 2022 HC (Class C)

 

 

 

 

 

 

 

1,973,933

i

COMM Mortgage Trust

 

4.254

07/10/45

1,999

 

 

Series - 2013 CR9 (Class A4)

 

 

 

 

 

 

 

3,727,236

 

COMM Mortgage Trust

 

2.853

10/15/45

3,733

 

 

Series - 2012 CR4 (Class A3)

 

 

 

 

 

 

 

1,185,000

g

COMM Mortgage Trust

 

3.147

03/10/46

1,181

 

 

Series - 2013 CR6 (Class AM)

 

 

 

 

 

 

 

3,359,721

g,i

COMM Mortgage Trust

 

3.928

06/10/46

3,377

 

 

Series - 2013 CR8 (Class B)

 

 

 

 

 

 

 

2,000,000

g,i

COMM Mortgage Trust

 

4.901

08/10/46

2,028

 

 

Series - 2013 CR10 (Class B)

 

 

 

 

 

 

 

5,000,000

g,i

COMM Mortgage Trust

 

4.901

08/10/46

5,033

 

 

Series - 2013 CR10 (Class C)

 

 

 

 

 

 

 

3,000,000

 

COMM Mortgage Trust

 

4.199

03/10/47

3,025

 

 

Series - 2014 UBS2 (Class AM)

 

 

 

 

 

 

 

750,000

 

COMM Mortgage Trust

 

4.174

05/10/47

756

 

 

Series - 2014 CR17 (Class AM)

 

 

 

 

 

 

 

2,500,000

g,i

COMM Mortgage Trust

 

4.768

06/10/47

2,319

 

 

Series - 2014 UBS3 (Class D)

 

 

 

 

 

 

 

5,240,000

 

COMM Mortgage Trust

 

3.917

10/10/47

5,309

 

 

Series - 2014 LC17 (Class A5)

 

 

 

 

 

 

 

5,205,000

i

COMM Mortgage Trust

 

4.188

10/10/47

5,263

 

 

Series - 2014 LC17 (Class AM)

 

 

 

 

 

 

 

2,288,546

i

COMM Mortgage Trust

 

4.490

10/10/47

2,289

 

 

Series - 2014 LC17 (Class B)

 

 

 

 

 

 

 

800,979

i

COMM Mortgage Trust

 

3.829

02/10/48

791

 

 

Series - 2015 LC19 (Class B)

 

 

 

 

 

 

 

1,000,000

g

COMM Mortgage Trust

 

3.000

03/10/48

847

 

 

Series - 2015 CR22 (Class E)

 

 

 

 

 

 

 

1,445,000

 

COMM Mortgage Trust

 

3.309

03/10/48

1,439

 

 

Series - 2015 CR22 (Class A5)

 

 

 

 

 

 

 

3,382,775

i

COMM Mortgage Trust

 

3.603

03/10/48

3,384

 

 

Series - 2015 CR22 (Class AM)

 

 

 

 

 

 

 

2,175,000

i

COMM Mortgage Trust

 

4.106

03/10/48

2,141

 

 

Series - 2015 CR22 (Class C)

 

 

 

 

 

 

 

7,380,000

 

COMM Mortgage Trust

 

3.801

05/10/48

7,392

 

 

Series - 2015 CR23 (Class AM)

 

 

 

 

 

 

 

4,500,000

i

COMM Mortgage Trust

 

4.183

05/10/48

4,472

 

 

Series - 2015 CR23 (Class B)

 

 

 

 

 

 

 

2,549,000

i

COMM Mortgage Trust

 

4.288

05/10/48

2,510

 

 

Series - 2015 CR23 (Class C)

 

 

 

 

 

 

 

288

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$3,135,317

 

COMM Mortgage Trust

 

 

3.421%

 

07/10/48

 

$3,159

 

 

 

Series - 2015 LC21 (Class ASB)

 

 

 

 

 

 

 

 

4,000,000

i

COMM Mortgage Trust

 

3.463

08/10/48

3,600

 

 

Series - 2015 CR24 (Class D)

 

 

 

 

 

 

 

 

2,550,000

 

COMM Mortgage Trust

 

3.696

08/10/48

2,569

 

 

Series - 2015 CR24 (Class A5)

 

 

 

 

 

 

 

 

5,000,000

i

COMM Mortgage Trust

 

4.028

08/10/48

5,041

 

 

Series - 2015 CR24 (Class AM)

 

 

 

 

 

 

 

 

1,467,000

i

COMM Mortgage Trust

 

4.379

08/10/48

1,429

 

 

Series - 2015 CR24 (Class C)

 

 

 

 

 

 

 

 

2,000,000

i

COMM Mortgage Trust

 

4.379

08/10/48

2,008

 

 

Series - 2015 CR24 (Class B)

 

 

 

 

 

 

 

 

1,352,000

 

COMM Mortgage Trust

 

3.612

10/10/48

1,362

 

 

Series - 2015 CR27 (Class A4)

 

 

 

 

 

 

 

 

3,212,210

 

COMM Mortgage Trust

 

3.630

10/10/48

3,230

 

 

Series - 2015 CR26 (Class A4)

 

 

 

 

 

 

 

 

1,575,000

 

COMM Mortgage Trust

 

3.774

10/10/48

1,591

 

 

Series - 2015 LC23 (Class A4)

 

 

 

 

 

 

 

 

1,875,000

i

COMM Mortgage Trust

 

4.478

10/10/48

1,890

 

 

Series - 2015 CR26 (Class B)

 

 

 

 

 

 

 

 

3,005,000

i

COMM Mortgage Trust

 

4.607

10/10/48

2,962

 

 

Series - 2015 LC23 (Class C)

 

 

 

 

 

 

 

 

1,018,265

 

COMM Mortgage Trust

 

3.651

02/10/49

1,016

 

 

Series - 2016 CR28 (Class AHR)

 

 

 

 

 

 

 

 

4,650,000

i

COMM Mortgage Trust

 

4.638

02/10/49

4,722

 

 

Series - 2016 CR28 (Class B)

 

 

 

 

 

 

 

 

6,500,000

 

COMM Mortgage Trust

 

3.263

08/15/57

6,307

 

 

Series - 2019 GC44 (Class AM)

 

 

 

 

 

 

 

 

2,000,000

i

COMM Mortgage Trust

 

3.526

08/15/57

1,833

 

 

Series - 2019 GC44 (Class C)

 

 

 

 

 

 

 

 

2,600,000

i

COMM MORTGAGE TRUST

 

4.341

05/10/51

2,683

 

 

Series - 2018 COR3 (Class AM)

 

 

 

 

 

 

 

 

10,733,888

i

Connecticut Avenue Securities

LIBOR 1 M + 2.600%

3.057

05/25/24

10,747

 

 

Series - 2014 C02 (Class 1M2)

 

 

 

 

 

 

 

 

7,458,306

i

Connecticut Avenue Securities

LIBOR 1 M + 3.000%

3.457

07/25/24

7,496

 

 

Series - 2014 C03 (Class 1M2)

 

 

 

 

 

 

 

 

1,870,000

g,i

Connecticut Avenue Securities

 

3.399

11/25/41

1,734

 

 

Series - 2021 R02 (Class 2B1)

 

 

 

 

 

 

 

 

2,105,000

g,i

Connecticut Avenue Securities Trust

 

1.649

10/25/41

2,034

 

 

Series - 2021 R01 (Class 1M2)

 

 

 

 

 

 

 

 

3,070,000

g,i

Connecticut Avenue Securities Trust

 

2.849

12/25/41

2,779

 

 

Series - 2021 R03 (Class 1B1)

 

 

 

 

 

 

 

 

6,625,000

g,i

Connecticut Avenue Securities Trust

 

3.599

03/25/42

6,696

 

 

Series - 2022 R03 (Class 1M2)

 

 

 

 

 

 

 

 

7,400,000

g,i

Credit Suisse Commercial Mortgage Trust

 

3.728

11/10/32

7,262

 

 

Series - 2017 CALI (Class B)

 

 

 

 

 

 

 

 

4,591,721

g,i

Credit Suisse Commercial Mortgage Trust

 

3.500

02/25/48

4,512

 

 

Series - 2018 J1 (Class A11)

 

 

 

 

 

 

 

 

1,910,000

g,i

Credit Suisse Mortgage Capital Certificates

LIBOR 1 M + 1.600%

1.997

05/15/36

1,888

 

 

Series - 2019 ICE4 (Class D)

 

 

 

 

 

 

 

 

9,378,413

g,i

Credit Suisse Mortgage Capital Certificates

 

2.405

10/25/66

8,936

 

 

Series - 2021 NQM8 (Class A3)

 

 

 

 

 

 

 

 

4,270,400

g,i

CSMC Series

 

3.388

10/25/59

4,112

 

 

Series - 2019 NQM1 (Class M1)

 

 

 

 

 

 

 

 

9,250,000

 

DBGS Mortgage Trust

 

4.466

10/15/51

9,797

 

 

Series - 2018 C1 (Class A4)

 

 

 

 

 

 

 

 

9,706,759

 

DBJPM Mortgage Trust

 

2.756

08/10/49

9,645

 

 

Series - 2016 C3 (Class ASB)

 

 

 

 

 

 

 

 

10,000,000

 

DBJPM Mortgage Trust

 

3.121

06/10/50

10,003

 

 

Series - 2017 C6 (Class ASB)

 

 

 

 

 

 

 

 

5,300,000

 

DBJPM Mortgage Trust

 

2.340

08/15/53

4,801

 

 

Series - 2020 C9 (Class AM)

 

 

 

 

 

 

 

 

17,410,000

g

DBUBS Mortgage Trust

 

3.452

10/10/34

17,319

 

 

Series - 2017 BRBK (Class A)

 

 

 

 

 

 

 

 

289

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

PRINCIPAL

 

ISSUER

RATE & SPREAD

$15,500,000

g,i

DBUBS Mortgage Trust

 

 

 

Series - 2017 BRBK (Class B)

 

5,000,000

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 1.120%

 

 

Series - 2021 ELP (Class B)

 

7,000,000

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 1.320%

 

 

Series - 2021 ELP (Class C)

 

6,870,000

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 2.118%

 

 

Series - 2021 ELP (Class E)

 

5,000,000

g,i

EQUS Mortgage Trust

LIBOR 1 M + 0.755%

 

 

Series - 2021 EQAZ (Class A)

 

4,730,000

g,i

EQUS Mortgage Trust

LIBOR 1 M + 2.300%

 

 

Series - 2021 EQAZ (Class E)

 

1,245,385

i

Fieldstone Mortgage Investment Trust

LIBOR 1 M + 0.735%

 

 

Series - 2005 2 (Class M2)

 

2,476,671

g,i

Flagstar Mortgage Trust

 

 

 

Series - 2017 2 (Class B3)

 

202,794

g,i

Flagstar Mortgage Trust

 

 

 

Series - 2018 5 (Class A11)

 

3,466,859

g,i

Flagstar Mortgage Trust

 

 

 

Series - 2021 2 (Class A4)

 

9,877,386

g,i

Flagstar Mortgage Trust

 

 

 

Series - 2021 4 (Class A21)

 

30,327,019

g,i

Flagstar Mortgage Trust

 

 

 

Series - 2021 10IN (Class A1)

 

5,725,000

g,i

Freddie Mac STACR REMIC Trust

 

 

 

Series - 2021 HQA2 (Class M2)

 

12,292,000

g,i

Freddie Mac STACR REMIC Trust

 

 

 

Series - 2021 DNA5 (Class M2)

 

6,030,000

g,i

Freddie Mac STACR REMIC Trust

 

 

 

Series - 2022 DNA1 (Class M2)

 

750,000

g,i

FREMF Mortgage Trust

 

 

 

Series - 2016 K53 (Class B)

 

GBP 900,000

g,i

Frost CMBS DAC

SONIA Interest Rate Benchmark

 

 

 

+ 2.900%

 

 

Series - 2021 1A (Class GBD)

 

5,943,000

g

GS Mortgage Securities Corp II

 

 

 

Series - 2012 ALOH (Class A)

 

4,430,000

g

GS Mortgage Securities Corp II

 

 

 

Series - 2012 BWTR (Class A)

 

5,000,000

g,i

GS Mortgage Securities Corp II

LIBOR 1 M + 1.250%

 

 

Series - 2021 ARDN (Class A)

 

2,600,000

g,i

GS Mortgage Securities Corp II

LIBOR 1 M + 3.350%

 

 

Series - 2021 ARDN (Class E)

 

2,500,000

g,i

GS Mortgage Securities Corp II

 

 

 

Series - 2017 375H (Class B)

 

1,350,000

i

GS Mortgage Securities Corp II

 

 

 

Series - 2015 GC30 (Class AS)

 

5,235,000

g,i

GS Mortgage Securities Corp Trust

LIBOR 1 M + 1.600%

 

 

Series - 2018 TWR (Class D)

 

2,000,000

g,i

GS Mortgage Securities Trust

LIBOR 1 M + 1.450%

 

 

Series - 2018 TWR (Class C)

 

785,363

 

GS Mortgage Securities Trust

 

 

 

Series - 2012 GCJ7 (Class B)

 

872,194

 

GS Mortgage Securities Trust

 

 

 

Series - 2015 GC28 (Class AAB)

 

2,816,500

 

GS Mortgage Securities Trust

 

 

 

Series - 2015 GC28 (Class A5)

 

7,400,000

i

GS Mortgage Securities Trust

 

 

 

Series - 2015 GC32 (Class AS)

 

2,638,408

 

GS Mortgage Securities Trust

 

 

 

Series - 2015 GC34 (Class AAB)

 

2,000,000

 

GS Mortgage Securities Trust

 

 

 

Series - 2016 GS3 (Class AS)

 

 

 

MATURITY

 

VALUE

RATE

 

DATE

(000)

3.530%

 

10/10/34

 

$15,303

1.517

11/15/38

4,897

1.717

11/15/38

6,851

2.515

11/15/38

6,650

1.152

10/15/38

4,897

2.697

10/15/38

4,593

1.192

12/25/35

1,235

4.048

10/25/47

2,470

4.000

09/25/48

203

2.500

04/25/51

3,164

2.500

06/01/51

9,011

3.000

10/25/51

28,782

2.149

12/25/33

5,388

1.749

01/25/34

12,093

2.599

01/25/42

5,637

4.024

03/25/49

759

0.000

11/22/26

1,166

3.551

04/10/34

5,940

2.954

11/05/34

4,423

1.647

11/15/36

4,902

3.747

11/15/36

2,547

3.483

09/10/37

2,405

3.777

05/10/50

1,344

1.997

07/15/31

4,970

1.847

07/15/31

1,919

4.740

05/10/45

785

3.206

02/10/48

874

3.396

02/10/48

2,807

4.018

07/10/48

7,400

3.278

10/10/48

2,642

3.143

10/10/49

1,954

290

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,500,000

i

GS Mortgage Securities Trust

 

 

3.958%

 

11/10/49

 

$1,389

 

 

 

Series - 2016 GS4 (Class C)

 

 

 

 

 

 

 

 

2,000,000

 

GS Mortgage Securities Trust

 

3.674

03/10/50

2,016

 

 

Series - 2017 GS5 (Class A4)

 

 

 

 

 

 

 

 

4,150,000

i

GS Mortgage Securities Trust

 

3.826

03/10/50

4,160

 

 

Series - 2017 GS5 (Class AS)

 

 

 

 

 

 

 

 

12,000,000

 

GS Mortgage Securities Trust

 

3.230

05/10/50

12,029

 

 

Series - 2017 GS6 (Class AAB)

 

 

 

 

 

 

 

 

6,000,000

 

GS Mortgage Securities Trust

 

3.433

05/10/50

5,988

 

 

Series - 2017 GS6 (Class A3)

 

 

 

 

 

 

 

 

1,691,000

i

GS Mortgage Securities Trust

 

4.028

05/10/50

1,672

 

 

Series - 2015 GC30 (Class B)

 

 

 

 

 

 

 

 

4,061,000

i

GS Mortgage Securities Trust

 

4.072

05/10/50

3,950

 

 

Series - 2015 GC30 (Class C)

 

 

 

 

 

 

 

 

3,000,000

 

GS Mortgage Securities Trust

 

3.837

11/10/50

3,044

 

 

Series - 2017 GS8 (Class ABP)

 

 

 

 

 

 

 

 

4,844,000

i

GS Mortgage Securities Trust

 

4.335

11/10/50

4,835

 

 

Series - 2017 GS8 (Class C)

 

 

 

 

 

 

 

 

3,050,000

i

GS Mortgage Securities Trust

 

4.158

02/10/52

3,131

 

 

Series - 2019 GC38 (Class AS)

 

 

 

 

 

 

 

 

2,500,000

i

GS Mortgage Securities Trust

 

3.173

02/13/53

2,455

 

 

Series - 2020 GC45 (Class AS)

 

 

 

 

 

 

 

 

270,053

g,i

GS Mortgage-Backed Securities Corp Trust

 

4.000

11/25/49

270

 

 

Series - 2019 PJ2 (Class A1)

 

 

 

 

 

 

 

 

705,432

g,i

GS Mortgage-Backed Securities Corp Trust

 

4.000

11/25/49

706

 

 

Series - 2019 PJ2 (Class A4)

 

 

 

 

 

 

 

 

1,166,047

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.500

07/25/50

1,160

 

 

Series - 2020 PJ2 (Class A4)

 

 

 

 

 

 

 

 

1,069,013

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.000

01/25/51

1,041

 

 

Series - 2020 PJ4 (Class A4)

 

 

 

 

 

 

 

 

825,314

i

GS Mortgage-Backed Securities Corp Trust

 

3.000

03/27/51

796

 

 

 

Series - 2020 PJ5 (Class A4)

 

 

 

 

 

 

 

 

2,010,500

g,i

GS Mortgage-Backed Securities Corp Trust

 

2.500

05/25/51

1,850

 

 

 

Series - 2020 PJ6 (Class A4)

 

 

 

 

 

 

 

 

6,740,610

g,i

GS Mortgage-Backed Securities Corp Trust

 

2.500

10/25/51

6,155

 

 

 

Series - 2021 PJ5 (Class A4)

 

 

 

 

 

 

 

 

13,436,106

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.000

06/25/52

12,659

 

 

 

Series - 2022 PJ2 (Class A36)

 

 

 

 

 

 

 

 

1,064,002

g,i

GS Mortgage-Backed Securities Trust

 

3.669

05/25/50

1,028

 

 

 

Series - 2020 PJ1 (Class B2)

 

 

 

 

 

 

 

 

2,603,873

g,i

GS Mortgage-Backed Securities Trust

 

2.500

07/25/51

2,378

 

 

 

Series - 2021 PJ2 (Class A4)

 

 

 

 

 

 

 

 

23,441,901

g,i

GS Mortgage-Backed Securities Trust

 

2.500

01/25/52

21,390

 

 

 

Series - 2021 PJ7 (Class A4)

 

 

 

 

 

 

 

 

10,984,239

g,i

GS Mortgage-Backed Securities Trust

 

2.500

01/25/52

10,032

 

 

 

Series - 2021 PJ8 (Class A4)

 

 

 

 

 

 

 

 

19,337,684

g,i

GS MortSecurities Trust

 

2.500

11/25/51

17,639

 

 

 

Series - 2021 PJ6 (Class A4)

 

 

 

 

 

 

 

 

1,906,514

i

HarborView Mortgage Loan Trust

LIBOR 1 M + 0.620%

1.069

08/19/45

1,877

 

 

 

Series - 2005 11 (Class 2A1A)

 

 

 

 

 

 

 

 

6,000,000

g

Hudson Yards Mortgage Trust

 

2.835

08/10/38

5,792

 

 

 

Series - 2016 10HY (Class A)

 

 

 

 

 

 

 

 

2,500,000

g,i

Hudson Yards Mortgage Trust

 

2.977

08/10/38

2,422

 

 

 

Series - 2016 10HY (Class B)

 

 

 

 

 

 

 

 

7,250,000

g,i

Hudson Yards Mortgage Trust

 

2.977

08/10/38

6,915

 

 

 

Series - 2016 10HY (Class C)

 

 

 

 

 

 

 

 

5,500,000

g,i

Hudson Yards Mortgage Trust

 

2.943

12/10/41

4,917

 

 

 

Series - 2019 55HY (Class D)

 

 

 

 

 

 

 

 

2,750,000

g,i

Hudson Yards Mortgage Trust

 

2.943

12/10/41

2,378

 

 

 

Series - 2019 55HY (Class E)

 

 

 

 

 

 

 

 

329,910

i

Impac CMB Trust

LIBOR 1 M + 0.660%

1.117

03/25/35

333

 

 

 

Series - 2004 11 (Class 2A1)

 

 

 

 

 

 

 

 

4,122,933

g,i

Imperial Fund Mortgage Trust

 

2.051

10/25/55

3,983

 

 

 

Series - 2020 NQM1 (Class A3)

 

 

 

 

 

 

 

 

291

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$1,043,500

g,i

Imperial Fund Mortgage Trust

 

 

3.531%

 

10/25/55

 

$1,001

 

 

Series - 2020 NQM1 (Class M1)

 

 

 

 

 

 

 

1,000,000

g,i

JP Morgan Chase Commercial Mortgage Securities Corp

 

4.613

07/05/31

1,004

 

 

Series - 2018 AON (Class D)

 

 

 

 

 

 

 

2,634,990

g,i

JP Morgan Chase Commercial Mortgage Securities Corp

 

5.398

07/15/46

2,671

 

 

Series - 2011 C4 (Class C)

 

 

 

 

 

 

 

2,800,000

 

JP Morgan Chase Commercial Mortgage Securities Corp

 

3.372

12/15/47

2,816

 

 

Series - 2013 C10 (Class AS)

 

 

 

 

 

 

 

1,780,000

 

JP Morgan Chase Commercial Mortgage Securities Corp

 

3.914

01/15/49

1,811

 

 

Series - 2015 JP1 (Class A5)

 

 

 

 

 

 

 

750,000

i

JP Morgan Chase Commercial Mortgage Securities Corp

 

4.119

01/15/49

757

 

 

Series - 2015 JP1 (Class AS)

 

 

 

 

 

 

 

5,855,395

 

JP Morgan Chase Commercial Mortgage Securities Corp

 

2.713

08/15/49

5,823

 

 

Series - 2016 JP2 (Class ASB)

 

 

 

 

 

 

 

4,500,000

 

JP Morgan Chase Commercial Mortgage Securities Corp

 

3.379

09/15/50

4,460

 

 

Series - 2017 JP7 (Class A3)

 

 

 

 

 

 

 

3,155,000

g

JP Morgan Chase Commercial Mortgage Securities Trust

 

3.065

01/16/37

3,043

 

 

Series - 2020 NNN (Class BFX)

 

 

 

 

 

 

 

260,000

i

JP Morgan Chase Commercial Mortgage Securities Trust

 

4.077

01/15/46

263

 

 

Series - 2013 C13 (Class AS)

 

 

 

 

 

 

 

5,350,916

g,i

JP Morgan Mortgage Trust

LIBOR 1 M - 0.000%

2.102

12/25/44

5,428

 

 

Series - 2015 1 (Class B1)

 

 

 

 

 

 

 

260,986

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/45

256

 

 

Series - 2015 3 (Class A19)

 

 

 

 

 

 

 

2,479,003

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/45

2,387

 

 

Series - 2015 6 (Class A13)

 

 

 

 

 

 

 

503,787

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/46

497

 

 

Series - 2016 1 (Class A13)

 

 

 

 

 

 

 

1,291,773

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/47

1,265

 

 

Series - 2017 2 (Class A13)

 

 

 

 

 

 

 

1,878,349

g,i

JP Morgan Mortgage Trust

 

3.500

09/25/48

1,810

 

 

Series - 2018 3 (Class A13)

 

 

 

 

 

 

 

748,497

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/48

738

 

 

Series - 2018 4 (Class A13)

 

 

 

 

 

 

 

3,216,124

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/48

3,116

 

 

Series - 2018 5 (Class A13)

 

 

 

 

 

 

 

2,105,672

g,i

JP Morgan Mortgage Trust

 

3.050

10/26/48

2,113

 

 

Series - 2017 5 (Class A2)

 

 

 

 

 

 

 

381,544

g,i

JP Morgan Mortgage Trust

 

4.000

01/25/49

382

 

 

Series - 2018 8 (Class A13)

 

 

 

 

 

 

 

882,018

g,i

JP Morgan Mortgage Trust

 

4.000

02/25/49

883

 

 

Series - 2018 9 (Class A13)

 

 

 

 

 

 

 

521,697

g,i

JP Morgan Mortgage Trust

 

4.000

05/25/49

523

 

 

Series - 2019 1 (Class A3)

 

 

 

 

 

 

 

957,542

g,i

JP Morgan Mortgage Trust

 

4.000

05/25/49

960

 

 

Series - 2019 1 (Class A15)

 

 

 

 

 

 

 

1,507,865

g,i

JP Morgan Mortgage Trust

 

4.629

09/25/49

1,468

 

 

Series - 2019 3 (Class B1)

 

 

 

 

 

 

 

1,674,641

g,i

JP Morgan Mortgage Trust

LIBOR 1 M + 0.950%

1.407

10/25/49

1,678

 

 

Series - 2019 INV1 (Class A11)

 

 

 

 

 

 

 

6,832,540

g,i

JP Morgan Mortgage Trust

 

3.864

06/25/50

6,651

 

 

Series - 2020 1 (Class B2)

 

 

 

 

 

 

 

10,762,962

g,i

JP Morgan Mortgage Trust

 

2.500

10/25/51

9,829

 

 

Series - 2021 6 (Class A15)

 

 

 

 

 

 

 

5,760,774

g,i

JP Morgan Mortgage Trust

 

2.500

11/25/51

5,261

 

 

Series - 2021 7 (Class A15)

 

 

 

 

 

 

 

7,004,044

g,i

JP Morgan Mortgage Trust

 

2.500

12/25/51

6,397

 

 

Series - 2021 8 (Class A15)

 

 

 

 

 

 

 

2,706,786

g,i

JP Morgan Mortgage Trust

 

2.500

12/25/51

2,472

 

 

Series - 2021 10 (Class A15)

 

 

 

 

 

 

 

9,556,010

g,i

JP Morgan Mortgage Trust

 

2.500

01/25/52

8,724

 

 

Series - 2021 11 (Class A15)

 

 

 

 

 

 

 

2,796,968

g,i

JP Morgan Mortgage Trust

 

2.500

02/25/52

2,554

 

 

Series - 2021 12 (Class A15)

 

 

 

 

 

 

 

292

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$9,186,701

g,i

JP Morgan Mortgage Trust

 

 

3.357%

 

04/25/52

 

$8,389

 

 

 

Series - 2021 INV6 (Class B1)

 

 

 

 

 

 

 

 

5,878,498

g,i

JP Morgan Mortgage Trust

 

3.357

04/25/52

5,252

 

 

Series - 2021 INV6 (Class B2)

 

 

 

 

 

 

 

 

4,329,531

g,i

JP Morgan Mortgage Trust

 

2.500

05/25/52

3,952

 

 

Series - 2021 14 (Class A15)

 

 

 

 

 

 

 

 

12,186,005

g,i

JP Morgan Mortgage Trust

 

2.500

06/25/52

11,124

 

 

Series - 2021 15 (Class A15)

 

 

 

 

 

 

 

 

18,528,225

g,i

JP Morgan Mortgage Trust

 

3.000

08/25/52

17,469

 

 

Series - 2022 2 (Class A25)

 

 

 

 

 

 

 

 

753,794

i

JPMBB Commercial Mortgage Securities Trust

 

4.133

08/15/46

759

 

 

Series - 2013 C14 (Class A4)

 

 

 

 

 

 

 

 

5,000,000

 

JPMBB Commercial Mortgage Securities Trust

 

3.997

08/15/47

5,024

 

 

Series - 2014 C21 (Class AS)

 

 

 

 

 

 

 

 

2,000,000

i

JPMBB Commercial Mortgage Securities Trust

 

4.480

09/15/47

1,994

 

 

Series - 2014 C23 (Class B)

 

 

 

 

 

 

 

 

3,000,000

 

JPMBB Commercial Mortgage Securities Trust

 

3.898

02/15/48

2,931

 

 

Series - 2015 C27 (Class B)

 

 

 

 

 

 

 

 

2,556,000

 

JPMBB Commercial Mortgage Securities Trust

 

3.611

05/15/48

2,565

 

 

Series - 2015 C29 (Class A4)

 

 

 

 

 

 

 

 

2,500,000

i

JPMBB Commercial Mortgage Securities Trust

 

3.917

05/15/48

2,500

 

 

Series - 2015 C29 (Class AS)

 

 

 

 

 

 

 

 

2,350,000

i

JPMBB Commercial Mortgage Securities Trust

 

4.118

05/15/48

2,272

 

 

Series - 2015 C29 (Class B)

 

 

 

 

 

 

 

 

3,500,000

 

JPMBB Commercial Mortgage Securities Trust

 

4.106

08/15/48

3,531

 

 

Series - 2015 C31 (Class AS)

 

 

 

 

 

 

 

 

9,952,000

i

JPMBB Commercial Mortgage Securities Trust

 

4.622

08/15/48

10,056

 

 

Series - 2015 C31 (Class B)

 

 

 

 

 

 

 

 

4,610,000

 

JPMBB Commercial Mortgage Securities Trust

 

3.576

03/17/49

4,645

 

 

Series - 2016 C1 (Class A5)

 

 

 

 

 

 

 

 

1,820,000

i

JPMBB Commercial Mortgage Securities Trust

 

4.733

03/17/49

1,808

 

 

Series - 2016 C1 (Class C)

 

 

 

 

 

 

 

 

3,232,402

 

JPMCC Commercial Mortgage Securities Trust

 

3.457

03/15/50

3,231

 

 

Series - 2017 JP5 (Class A4)

 

 

 

 

 

 

 

 

1,179,386

 

JPMCC Commercial Mortgage Securities Trust

 

3.549

03/15/50

1,184

 

 

Series - 2017 JP5 (Class ASB)

 

 

 

 

 

 

 

 

1,000,000

i

JPMDB Commercial Mortgage Securities Trust

 

3.071

12/15/49

926

 

 

Series - 2016 C4 (Class C)

 

 

 

 

 

 

 

 

3,000,000

 

JPMDB Commercial Mortgage Securities Trust

 

3.694

03/15/50

3,044

 

 

Series - 2017 C5 (Class A5)

 

 

 

 

 

 

 

 

9,000,000

 

JPMDB Commercial Mortgage Securities Trust

 

2.536

05/13/53

8,210

 

 

Series - 2020 COR7 (Class AS)

 

 

 

 

 

 

 

 

3,062,915

g

Ladder Capital Commercial Mortgage Securities

 

3.575

02/15/36

3,038

 

 

Series - 2013 GCP (Class A1)

 

 

 

 

 

 

 

 

5,000,000

g

Ladder Capital Commercial Mortgage Securities

 

3.357

07/12/50

5,005

 

 

Series - 2017 LC26 (Class ASB)

 

 

 

 

 

 

 

 

EUR 597,323

g,i

Last Mile Logistics Pan Euro Finance DAC

EURIBOR 3 M + 2.700%

1.000

08/17/33

651

 

 

Series - 2021 1A (Class E)

 

 

 

 

 

 

 

 

7,250,000

g

Liberty Street Trust

 

3.597

02/10/36

7,198

 

 

Series - 2016 225L (Class A)

 

 

 

 

 

 

 

 

4,000,000

g,i

MAD Mortgage Trust

 

2.976

08/15/34

3,914

 

 

Series - 2017 330M (Class A)

 

 

 

 

 

 

 

 

1,500,000

g,i

Manhattan West

 

2.335

09/10/39

1,378

 

 

Series - 2020 1MW (Class B)

 

 

 

 

 

 

 

 

3,000,000

g,i

Manhattan West

 

2.335

09/10/39

2,709

 

 

Series - 2020 1MW (Class C)

 

 

 

 

 

 

 

 

638,426

i

Merrill Lynch Mortgage Investors Trust

LIBOR 1 M + 0.520%

2.278

01/25/37

615

 

 

Series - 2006 WMC1 (Class A1B)

 

 

 

 

 

 

 

 

436,411

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

2.469

02/15/46

437

 

 

Series - 2013 C7 (Class AAB)

 

 

 

 

 

 

 

 

2,793,154

g

Morgan Stanley Bank of America Merrill Lynch Trust

 

3.989

12/15/46

2,777

 

 

Series - 2014 C19 (Class LNC1)

 

 

 

 

 

 

 

 

920,314

g

Morgan Stanley Bank of America Merrill Lynch Trust

 

4.384

12/15/46

914

 

 

Series - 2014 C19 (Class LNC2)

 

 

 

 

 

 

 

 

293

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

PRINCIPAL

 

ISSUER

RATE & SPREAD

$4,650,000

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2014 C19 (Class AS)

 

1,600,000

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2015 C20 (Class AS)

 

1,250,000

i

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2015 C20 (Class C)

 

2,500,000

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2015 C21 (Class A4)

 

6,500,000

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2015 C21 (Class AS)

 

3,000,000

 

Morgan Stanley Bank of America Merrill Lynch Trust

 

 

 

Series - 2015 C22 (Class AS)

 

3,380,820

g,i

Morgan Stanley Capital I Inc

LIBOR 1 M + 1.377%

 

 

Series - 2021 ILP (Class C)

 

2,795,000

i

Morgan Stanley Capital I Trust

 

 

 

Series - 2015 MS1 (Class A4)

 

388,737

†,i

Morgan Stanley Capital I Trust

 

 

 

Series - 2007 IQ16 (Class AJ)

 

265,169

†,i

Morgan Stanley Capital I Trust

 

 

 

Series - 2007 IQ16 (Class AJFX)

 

6,000,000

 

Morgan Stanley Capital I Trust

 

 

 

Series - 2017 H1 (Class ASB)

 

1,458,000

 

Morgan Stanley Capital I Trust

 

 

 

Series - 2017 HR2 (Class A4)

 

2,840,000

i

Morgan Stanley Capital I Trust

 

 

 

Series - 2018 H3 (Class AS)

 

5,027,114

 

Morgan Stanley Capital I Trust

 

 

 

Series - 2018 H4 (Class A4)

 

731,872

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 4 (Class A4)

 

8,923,242

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 5 (Class A9)

 

2,266,147

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 6 (Class A4)

 

5,977,157

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 6 (Class A9)

 

3,000,000

g,i

MSDB Trust

 

 

 

Series - 2017 712F (Class A)

 

500,000

g,i

MTN Commercial Mortgage Trust

 

 

 

Series - 2022 LPFL (Class E)

 

1,200,000

g,i

Natixis Commercial Mortgage Securities Trust

 

 

 

Series - 2018 285M (Class A)

 

15,010,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 1.500%

 

 

Series - 2019 MILE (Class A)

 

5,000,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 1.800%

 

 

Series - 2019 MILE (Class B)

 

2,900,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 2.200%

 

 

Series - 2019 MILE (Class C)

 

5,000,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 2.750%

 

 

Series - 2019 MILE (Class D)

 

2,000,000

g

Natixis Commercial Mortgage Securities Trust

 

 

 

Series - 2020 2PAC (Class A)

 

500,000

g,i

NCMF Trust

 

 

 

Series - 2022 MFP (Class D)

 

265,327

g,i

New Residential Mortgage Loan Trust

 

 

 

Series - 2015 1A (Class A3)

 

1,476,248

g,i

New Residential Mortgage Loan Trust

 

 

 

Series - 2019 NQM4 (Class A3)

 

980,000

g,i

New Residential Mortgage Loan Trust

 

 

 

Series - 2019 NQM4 (Class M1)

 

471,197

i

New York Mortgage Trust

LIBOR 1 M + 0.480%

 

 

Series - 2005 3 (Class A1)

 

1,825,000

g,i

NLT Trust

 

 

 

Series - 2021 INV2 (Class M1)

 

 

 

MATURITY

 

VALUE

RATE

 

DATE

(000)

3.832%

 

12/15/47

 

$4,655

3.605

02/15/48

1,590

4.453

02/15/48

1,217

3.338

03/15/48

2,491

3.652

03/15/48

6,320

3.561

04/15/48

2,945

1.774

11/15/23

3,279

3.779

05/15/48

2,817

5.674

12/12/49

207

5.674

12/12/49

141

3.304

06/15/50

6,019

3.587

12/15/50

1,460

4.429

07/15/51

2,946

4.310

12/15/51

5,245

2.500

07/25/51

698

2.500

08/25/51

8,152

2.500

09/25/51

2,164

2.500

09/25/51

5,461

3.316

07/11/39

2,936

4.339

03/15/39

497

3.790

11/15/32

1,199

1.897

07/15/36

14,933

2.197

07/15/36

4,963

2.597

07/15/36

2,878

3.147

07/15/36

4,955

2.966

12/15/38

1,955

3.636

03/15/39

496

3.750

05/28/52

265

2.797

09/25/59

1,466

2.986

09/25/59

932

0.937

02/25/36

472

2.569

08/25/56

1,657

294

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$11,923,072

g,i

OBX Trust

 

 

2.500%

 

07/25/51

 

$10,874

 

 

 

Series - 2021 J2 (Class A19)

 

 

 

 

 

 

 

 

1,136,449

g,i

OBX Trust

LIBOR 1 M + 0.650%

1.107

06/25/57

1,122

 

 

Series - 2018 1 (Class A2)

 

 

 

 

 

 

 

 

3,772,572

g,i

Oceanview Mortgage Trust

 

2.500

05/25/51

3,445

 

 

Series - 2021 1 (Class A19)

 

 

 

 

 

 

 

 

2,140,000

g

Olympic Tower Mortgage Trust

 

3.566

05/10/39

2,086

 

 

Series - 2017 OT (Class A)

 

 

 

 

 

 

 

 

5,120,000

g

One Bryant Park Trust

 

2.516

09/15/54

4,735

 

 

Series - 2019 OBP (Class A)

 

 

 

 

 

 

 

 

69,429

g

Prima Capital CRE Securitization Ltd

 

2.550

08/24/49

69

 

 

Series - 2015 4A (Class MR-A)

 

 

 

 

 

 

 

 

2,000,000

g

RBS Commercial Funding, Inc Trust

 

3.511

03/11/31

1,994

 

 

Series - 2013 SMV (Class B)

 

 

 

 

 

 

 

 

772,872

g,i

Sequoia Mortgage Trust

 

3.500

05/25/45

755

 

 

Series - 2015 2 (Class A1)

 

 

 

 

 

 

 

 

669,618

g,i

Sequoia Mortgage Trust

 

3.500

06/25/46

659

 

 

Series - 2016 1 (Class A19)

 

 

 

 

 

 

 

 

177,179

g,i

Sequoia Mortgage Trust

 

3.500

02/25/47

173

 

 

Series - 2017 2 (Class A19)

 

 

 

 

 

 

 

 

53,516

g,i

Sequoia Mortgage Trust

 

3.500

04/25/47

52

 

 

Series - 2017 3 (Class A19)

 

 

 

 

 

 

 

 

2,195,257

g,i

Sequoia Mortgage Trust

 

3.740

09/25/47

2,122

 

 

Series - 2017 6 (Class B1)

 

 

 

 

 

 

 

 

369,700

g,i

Sequoia Mortgage Trust

 

3.500

02/25/48

364

 

 

Series - 2018 2 (Class A1)

 

 

 

 

 

 

 

 

69,755

g,i

Sequoia Mortgage Trust

 

3.500

02/25/48

69

 

 

Series - 2018 2 (Class A19)

 

 

 

 

 

 

 

 

1,171,319

g,i

Sequoia Mortgage Trust

 

3.500

03/25/48

1,158

 

 

Series - 2018 3 (Class A1)

 

 

 

 

 

 

 

 

130,154

g,i

Sequoia Mortgage Trust

 

4.000

09/25/48

130

 

 

Series - 2018 7 (Class A19)

 

 

 

 

 

 

 

 

1,144,046

g,i

Sequoia Mortgage Trust

 

4.000

06/25/49

1,145

 

 

Series - 2019 2 (Class A1)

 

 

 

 

 

 

 

 

359,950

g,i

Sequoia Mortgage Trust

 

4.000

06/25/49

360

 

 

Series - 2019 2 (Class A19)

 

 

 

 

 

 

 

 

2,150,229

g,i

Sequoia Mortgage Trust

 

3.500

11/25/49

2,067

 

 

Series - 2019 4 (Class A1)

 

 

 

 

 

 

 

 

2,920,228

g,i

Sequoia Mortgage Trust

 

3.500

12/25/49

2,884

 

 

Series - 2019 5 (Class A1)

 

 

 

 

 

 

 

 

1,686,181

g,i

Sequoia Mortgage Trust

 

3.500

12/25/49

1,665

 

 

Series - 2019 5 (Class A19)

 

 

 

 

 

 

 

 

2,843,963

g,i

Sequoia Mortgage Trust

 

3.500

03/25/50

2,792

 

 

Series - 2020 2 (Class A1)

 

 

 

 

 

 

 

 

6,876,448

g,i

Sequoia Mortgage Trust

 

3.000

04/25/50

6,628

 

 

Series - 2020 3 (Class A19)

 

 

 

 

 

 

 

 

6,269,786

g,i

Sequoia Mortgage Trust

 

2.500

06/25/51

5,708

 

 

Series - 2021 4 (Class A19)

 

 

 

 

 

 

 

 

532,288

g,i

Shellpoint Co-Originator Trust

 

3.500

04/25/47

515

 

 

Series - 2017 1 (Class A19)

 

 

 

 

 

 

 

 

7,750,000

g

SLG Office Trust

 

2.585

07/15/41

7,205

 

 

Series - 2021 OVA (Class A)

 

 

 

 

 

 

 

 

26,865,000

g

SLG Office Trust

 

2.851

07/15/41

23,344

 

 

Series - 2021 OVA (Class D)

 

 

 

 

 

 

 

 

10,128,200

g,i

SMR Mortgage Trust

 

1.951

02/15/39

10,028

 

 

Series - 2022 IND (Class A)

 

 

 

 

 

 

 

 

9,645,905

g,i

SMR Mortgage Trust

 

3.251

02/15/39

9,528

 

 

Series - 2022 IND (Class C)

 

 

 

 

 

 

 

 

1,205,738

g,i

SMR Mortgage Trust

 

4.251

02/15/39

1,190

 

 

Series - 2022 IND (Class D)

 

 

 

 

 

 

 

 

5,000,000

g,i

SREIT Trust

LIBOR 1 M + 0.822%

1.219

11/15/36

4,906

 

 

Series - 2021 MFP2 (Class A)

 

 

 

 

 

 

 

 

6,930,000

g,i

SREIT Trust

LIBOR 1 M + 1.171%

1.568

11/15/36

6,791

 

 

Series - 2021 MFP2 (Class B)

 

 

 

 

 

 

 

 

295

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$7,302,000

g,i

Structured Agency Credit Risk Debt Note (STACR)

 

 

2.199%

 

10/25/33

 

$7,134

 

 

Series - 2021 DNA3 (Class M2)

 

 

 

 

 

 

 

140,861

g,i

STACR

 

3.724

02/25/48

140

 

 

Series - 2018 SPI1 (Class M2)

 

 

 

 

 

 

 

2,100,000

g,i

STACR

LIBOR 1 M + 2.500%

2.957

02/25/50

1,978

 

 

Series - 2020 DNA2 (Class B1)

 

 

 

 

 

 

 

2,640,000

g,i

STACR

 

4.099

11/25/50

2,574

 

 

Series - 2020 HQA5 (Class B1)

 

 

 

 

 

 

 

GBP 347,448

g,i

Taurus UK DAC

SONIA Interest Rate Benchmark

1.455

05/17/31

452

 

 

 

+ 1.300%

 

 

 

 

 

 

 

 

Series - 2021 UK1A (Class B)

 

 

 

 

 

 

 

GBP 506,281

g,i

Taurus UK DAC

SONIA Interest Rate Benchmark

1.805

05/17/31

658

 

 

 

+ 1.650%

 

 

 

 

 

 

 

 

Series - 2021 UK1A (Class C)

 

 

 

 

 

 

 

12,548,000

 

UBS Commercial Mortgage Trust

 

3.256

06/15/50

12,564

 

 

Series - 2017 C1 (Class ASB)

 

 

 

 

 

 

 

2,000,000

 

UBS Commercial Mortgage Trust

 

3.366

10/15/50

2,005

 

 

Series - 2017 C4 (Class ASB)

 

 

 

 

 

 

 

1,750,000

 

UBS Commercial Mortgage Trust

 

4.334

10/15/51

1,829

 

 

Series - 2018 C13 (Class A4)

 

 

 

 

 

 

 

4,000,000

 

UBS-Barclays Commercial Mortgage Trust

 

2.850

12/10/45

4,009

 

 

Series - 2012 C4 (Class A5)

 

 

 

 

 

 

 

385,886

g

Verus Securitization Trust

 

2.938

07/25/59

386

 

 

Series - 2019 3 (Class A2)

 

 

 

 

 

 

 

2,725,000

g,i

Verus Securitization Trust

 

3.139

07/25/59

2,723

 

 

Series - 2019 3 (Class M1)

 

 

 

 

 

 

 

2,070,000

g,i

Verus Securitization Trust

 

3.207

11/25/59

2,060

 

 

Series - 2019 4 (Class M1)

 

 

 

 

 

 

 

1,777,967

g

Verus Securitization Trust

 

1.733

05/25/65

1,733

 

 

Series - 2020 5 (Class A3)

 

 

 

 

 

 

 

2,187,186

g,i

Verus Securitization Trust

 

2.240

10/25/66

2,063

 

 

Series - 2021 7 (Class A3)

 

 

 

 

 

 

 

628,923

g

VSE VOI Mortgage LLC

 

2.540

07/20/33

622

 

 

Series - 2016 A (Class A)

 

 

 

 

 

 

 

482,007

g

VSE VOI Mortgage LLC

 

2.740

07/20/33

479

 

 

Series - 2016 A (Class B)

 

 

 

 

 

 

 

2,108,045

g

VSE VOI Mortgage LLC

 

2.330

03/20/35

2,073

 

 

Series - 2017 A (Class A)

 

 

 

 

 

 

 

8,200,000

 

Wells Fargo Commercial Mortgage Trust

 

3.539

10/15/45

8,227

 

 

Series - 2012 LC5 (Class AS)

 

 

 

 

 

 

 

1,740,030

 

Wells Fargo Commercial Mortgage Trust

 

3.405

12/15/47

1,741

 

 

Series - 2014 LC18 (Class A5)

 

 

 

 

 

 

 

990,000

 

Wells Fargo Commercial Mortgage Trust

 

3.406

05/15/48

983

 

 

Series - 2015 NXS1 (Class AS)

 

 

 

 

 

 

 

2,000,000

i

Wells Fargo Commercial Mortgage Trust

 

3.658

05/15/48

1,973

 

 

Series - 2015 NXS1 (Class B)

 

 

 

 

 

 

 

2,279,000

i

Wells Fargo Commercial Mortgage Trust

 

4.152

05/15/48

2,165

 

 

Series - 2015 NXS1 (Class D)

 

 

 

 

 

 

 

8,371,308

 

Wells Fargo Commercial Mortgage Trust

 

2.788

07/15/48

8,330

 

 

Series - 2016 C35 (Class ASB)

 

 

 

 

 

 

 

13,052,324

 

Wells Fargo Commercial Mortgage Trust

 

2.514

08/15/49

12,893

 

 

Series - 2016 BNK1 (Class ASB)

 

 

 

 

 

 

 

12,880,246

 

Wells Fargo Commercial Mortgage Trust

 

2.825

10/15/49

12,811

 

 

Series - 2016 LC24 (Class ASB)

 

 

 

 

 

 

 

872,111

 

Wells Fargo Commercial Mortgage Trust

 

3.635

03/15/50

882

 

 

Series - 2017 RB1 (Class A5)

 

 

 

 

 

 

 

2,000,000

 

Wells Fargo Commercial Mortgage Trust

 

3.757

03/15/50

2,009

 

 

Series - 2017 RB1 (Class AS)

 

 

 

 

 

 

 

1,825,000

 

Wells Fargo Commercial Mortgage Trust

 

3.184

04/15/50

1,812

 

 

Series - 2015 LC20 (Class A5)

 

 

 

 

 

 

 

15,000,000

 

Wells Fargo Commercial Mortgage Trust

 

3.261

07/15/50

15,021

 

 

Series - 2017 C38 (Class ASB)

 

 

 

 

 

 

 

2,197,255

i

Wells Fargo Commercial Mortgage Trust

 

3.903

07/15/50

2,133

 

 

Series - 2017 C38 (Class C)

 

 

 

 

 

 

 

296

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$10,000,000

 

Wells Fargo Commercial Mortgage Trust

 

 

3.212%

 

09/15/50

 

$10,001

 

 

 

Series - 2017 C39 (Class ASB)

 

 

 

 

 

 

 

 

2,000,000

 

Wells Fargo Commercial Mortgage Trust

 

4.302

01/15/52

 

2,104

 

 

Series - 2018 C48 (Class A5)

 

 

 

 

 

 

 

 

4,000,000

i

Wells Fargo Commercial Mortgage Trust

 

3.767

07/15/58

 

4,038

 

 

Series - 2015 NXS2 (Class A5)

 

 

 

 

 

 

 

 

1,000,000

i

Wells Fargo Commercial Mortgage Trust

 

4.289

07/15/58

 

1,005

 

 

Series - 2015 NXS2 (Class B)

 

 

 

 

 

 

 

 

3,800,000

 

Wells Fargo Commercial Mortgage Trust

 

3.560

01/15/59

 

3,820

 

 

Series - 2016 C32 (Class A4)

 

 

 

 

 

 

 

 

6,000,000

 

Wells Fargo Commercial Mortgage Trust

 

3.749

03/15/59

 

5,991

 

 

Series - 2016 C33 (Class AS)

 

 

 

 

 

 

 

 

305,359

g,i

Wells Fargo Mortgage Backed Securities Trust

 

4.000

04/25/49

 

305

 

 

Series - 2019 2 (Class A17)

 

 

 

 

 

 

 

 

3,111,822

g,i

Wells Fargo Mortgage Backed Securities Trust

 

3.500

09/25/49

 

3,094

 

 

Series - 2019 4 (Class A1)

 

 

 

 

 

 

 

 

725,547

g,i

Wells Fargo Mortgage Backed Securities Trust

 

3.000

07/25/50

 

697

 

 

Series - 2020 4 (Class A17)

 

 

 

 

 

 

 

 

12,426,490

g,i

Wells Fargo Mortgage Backed Securities Trust

 

2.500

06/25/51

 

11,340

 

 

Series - 2021 2 (Class A17)

 

 

 

 

 

 

 

 

5,271,812

g,i

Wells Fargo Mortgage Backed Securities Trust

 

3.000

08/25/51

 

4,989

 

 

Series - 2021 INV1 (Class A17)

 

 

 

 

 

 

 

 

5,536,794

g,i

Wells Fargo Mortgage Backed Securities Trust

 

3.327

08/25/51

 

5,080

 

 

Series - 2021 INV1 (Class B1)

 

 

 

 

 

 

 

 

1,770,000

 

WFRBS Commercial Mortgage Trust

 

3.345

05/15/45

 

1,773

 

 

Series - 2013 C13 (Class AS)

 

 

 

 

 

 

 

 

3,779,725

i

WFRBS Commercial Mortgage Trust

 

4.079

03/15/46

 

3,834

 

 

Series - 2013 UBS1 (Class A4)

 

 

 

 

 

 

 

 

1,050,000

i

WFRBS Commercial Mortgage Trust

 

4.162

12/15/46

 

1,066

 

 

Series - 2013 C18 (Class A5)

 

 

 

 

 

 

 

 

2,185,281

 

WFRBS Commercial Mortgage Trust

 

3.995

05/15/47

 

2,203

 

 

Series - 2014 C20 (Class A5)

 

 

 

 

 

 

 

 

3,865,000

 

WFRBS Commercial Mortgage Trust

 

3.607

11/15/47

 

3,874

 

 

Series - 2014 C24 (Class A5)

 

 

 

 

 

 

 

 

8,000,000

 

WFRBS Commercial Mortgage Trust

 

3.560

03/15/48

 

8,042

 

 

Series - 2013 C12 (Class AS)

 

 

 

 

 

 

 

 

340,019

g,i

WinWater Mortgage Loan Trust

 

3.910

06/20/44

 

340

 

 

Series - 2014 1 (Class B4)

 

 

 

 

 

 

 

 

 

 

TOTAL OTHER MORTGAGE BACKED

 

 

 

 

 

 

1,364,742

 

 

TOTAL STRUCTURED ASSETS

 

 

 

 

 

 

2,184,712

 

 

(Cost $2,293,182)

 

 

 

 

 

 

 

 

 

 

TOTAL BONDS

 

 

 

 

 

 

12,085,922

 

 

(Cost $12,536,746)

 

 

 

 

 

 

 

 

SHARES

 

 

COMPANY

 

PREFERRED STOCKS - 0.1%

 

 

 

BANKS - 0.1%

 

 

 

470,597

 

*,e

Federal Home Loan Mortgage Corp

1,459

1,527,061

 

*,e

Federal National Mortgage Association

4,917

 

 

 

TOTAL BANKS

6,376

 

 

 

TOTAL PREFERRED STOCKS

6,376

 

 

 

(Cost $49,941)

 

297

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

 

ISSUER

RATE

 

DATE

 

(000)

SHORT-TERM INVESTMENTS - 14.1%

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 10.0%

 

 

 

 

 

 

 

$7,500,000

 

 

Federal Agricultural Mortgage Corp (FAMC)

0.000%

05/11/22

 

$7,497

10,000,000

 

 

FAMC

0.000

07/29/22

 

9,975

7,000,000

 

 

FAMC

0.000

08/26/22

 

6,974

9,000,000

 

 

Federal Farm Credit Bank (FFCB)

0.000

04/11/22

 

9,000

10,000,000

 

 

FFCB

0.000

04/13/22

 

9,999

20,000,000

 

 

FFCB

0.000

04/26/22

 

19,998

5,000,000

 

 

FFCB

0.000

04/29/22

 

4,999

18,000,000

 

 

FFCB

0.000

05/02/22

 

17,994

20,905,000

 

 

FFCB

0.000

05/11/22

 

20,895

25,000,000

 

 

FFCB

0.000

05/17/22

 

24,987

13,750,000

 

 

FFCB

0.000

05/27/22

 

13,741

5,395,000

 

 

FFCB

0.000

06/08/22

 

5,389

17,580,000

 

 

FFCB

0.000

06/16/22

 

17,557

11,760,000

 

 

FFCB

0.000

06/29/22

 

11,742

10,000,000

 

 

FFCB

0.000

07/06/22

 

9,980

5,000,000

 

 

FFCB

0.000

07/12/22

 

4,989

16,197,000

 

 

FFCB

0.000

07/22/22

 

16,159

11,000,000

 

 

FFCB

0.000

07/25/22

 

10,973

5,461,000

 

 

FFCB

0.000

08/18/22

 

5,442

15,000,000

 

 

FFCB

0.000

09/13/22

 

14,928

22,000,000

 

 

FFCB

0.000

11/08/22

 

21,839

10,307,000

 

 

Federal Home Loan Bank (FHLB)

0.000

04/01/22

 

10,307

11,225,000

 

 

FHLB

0.000

04/04/22

 

11,225

102,800,000

 

 

FHLB

0.000

04/05/22

 

102,798

31,800,000

 

 

FHLB

0.000

04/06/22

 

31,799

25,000,000

 

 

FHLB

0.000

04/07/22

 

24,999

49,000,000

 

 

FHLB

0.000

04/08/22

 

48,998

17,300,000

 

 

FHLB

0.000

04/13/22

 

17,299

63,000,000

 

 

FHLB

0.000

04/18/22

 

62,995

40,000,000

 

 

FHLB

0.000

04/20/22

 

39,996

64,795,000

 

 

FHLB

0.000

04/22/22

 

64,789

20,968,000

 

 

FHLB

0.000

04/25/22

 

20,966

16,500,000

 

 

FHLB

0.000

04/29/22

 

16,498

10,000,000

 

 

FHLB

0.000

05/02/22

 

9,996

74,692,000

 

 

FHLB

0.000

05/05/22

 

74,662

28,000,000

 

 

FHLB

0.000

05/06/22

 

27,989

37,750,000

 

 

FHLB

0.000

05/11/22

 

37,732

14,600,000

 

 

FHLB

0.000

05/13/22

 

14,593

47,500,000

 

 

FHLB

0.000

05/18/22

 

47,474

30,000,000

 

 

FHLB

0.000

05/23/22

 

29,982

25,000,000

 

 

FHLB

0.000

05/24/22

 

24,985

6,680,000

 

 

FHLB

0.000

05/25/22

 

6,676

50,000,000

 

 

FHLB

0.000

05/27/22

 

49,967

10,000,000

 

 

FHLB

0.000

06/06/22

 

9,989

7,500,000

 

 

FHLB

0.000

06/08/22

 

7,491

20,000,000

 

 

FHLB

0.000

06/30/22

 

19,969

35,000,000

 

 

FHLB

0.000

07/07/22

 

34,929

28,998,000

 

 

FHLB

0.000

07/15/22

 

28,934

10,300,000

 

 

FHLB

0.000

07/19/22

 

10,276

30,000,000

 

 

FHLB

0.000

08/01/22

 

29,908

15,000,000

 

 

FHLB

0.000

08/02/22

 

14,954

8,000,000

 

 

FHLB

0.000

08/05/22

 

7,975

18,000,000

 

 

FHLB

0.000

09/16/22

 

17,913

4,406,000

 

 

Federal National Mortgage Association (FNMA)

0.000

05/04/22

 

4,404

7,815,000

 

 

Tennessee Valley Authority (TVA)

0.000

04/06/22

 

7,815

11,875,000

 

 

TVA

0.000

04/13/22

 

11,874

 

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

1,248,213

REPURCHASE AGREEMENT - 1.1%

 

 

 

 

 

 

 

143,975,000

 

r

Fixed Income Clearing Corp (FICC)

0.250

04/01/22

 

143,975

 

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

143,975

298

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

MATURITY

VALUE

PRINCIPAL

ISSUER

RATE

 

DATE

(000)

TREASURY DEBT - 1.7%

 

 

 

 

 

 

EGP 51,700,000

Egypt Treasury Bill

0.000%

05/17/22

 

$2,794

$12,500,000

United States Cash Management Bill

0.000

04/12/22

 

12,499

30,000,000

United States Cash Management Bill

0.000

07/05/22

 

29,955

20,000,000

United States Treasury Bill

0.000

05/05/22

 

19,997

20,000,000

United States Treasury Bill

0.000

05/12/22

 

19,996

40,000,000

United States Treasury Bill

0.000

08/11/22

 

39,878

10,000,000

United States Treasury Bill

0.000

10/06/22

 

9,946

24,890,000

United States Treasury Note

2.250

04/15/22

 

24,909

50,000,000

United States Treasury Note

1.750

05/15/22

 

50,088

 

TOTAL TREASURY DEBT

 

 

 

 

210,062

SHARES

 

COMPANY

 

 

INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.3%

 

 

164,584,193

c

State Street Navigator Securities Lending Government Money Market Portfolio

0.290

164,584

 

 

TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES

 

164,584

 

 

TOTAL SHORT-TERM INVESTMENTS

 

1,766,834

 

 

(Cost $1,768,192)

 

 

 

 

TOTAL INVESTMENTS - 111.7%

 

13,955,302

 

 

(Cost $14,452,730)

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (11.7)%

 

(1,456,520)

 

 

NET ASSETS - 100.0%

 

$12,498,782

 

AUD

 

Australian Dollar

 

 

 

BRL

 

Brazilian Real

 

 

 

CAD

 

Canadian Dollar

 

 

 

CLP

 

Chilean Peso

 

 

 

CNY

 

Chinese Yuan

 

 

 

DOP

 

Dominican Republic Peso

 

 

 

EGP

 

Egyptian Pound

 

 

 

EUR

 

Euro

 

 

 

EURIBOR

EURO Interbank Offer Rate

 

 

 

GBP

 

Pound Sterling

 

 

 

HUF

 

Hungary Forint

 

 

 

IDR

 

Indonesian Rupiah

 

 

 

ILS

 

Israeli New Shekel

 

 

 

JPY

 

Japanese Yen

 

 

 

KRW

 

South Korean Won

 

 

 

LIBOR

 

London Interbank Offered Rate

 

 

 

M

 

Month

 

 

 

MXN

 

Mexican Peso

 

 

 

MYR

 

Malaysian Ringgit

 

 

 

NOK

 

Norwegian Krone

 

 

 

NZD

 

New Zealand Dollar

 

 

 

PEN

 

Peruvian Sol

 

 

 

PHP

 

Philippines Peso

 

 

 

REIT

 

Real Estate Investment Trust

 

 

 

RON

 

Romanian Leu

 

 

 

RSD

 

Serbian Dinar

 

 

 

RUB

 

Russian Ruble

 

 

 

SEK

 

Swedish Krona

 

 

 

SGD

 

Singapore Dollar

 

 

 

SOFR

 

Secure Overnight Financing Rate

 

 

 

SONIA

 

Sterling Overnight Interbank Average Rate

 

 

 

THB

 

Thai Baht

 

 

 

UAH

 

Ukrainian Hryvnia

 

 

 

UGX

 

Ugandan Shilling

 

 

 

UYU

 

Uruguayan Peso

 

 

 

UZS

 

Uzbekistani Som

 

 

 

ZAR

 

South African Rand

 

 

299

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

^Amount represents less than $1,000. * Non-income producing

† Security is categorized as Level 3 in the fair value hierarchy.

‡ Perpetual security

c Investments made with cash collateral received from securities on loan.

e

All or a portion of these securities are out on loan. The aggregate value of securities on loan is $164,415,872.

g

Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions

 

exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $2,764,075,240 or 22.1% of net assets.

hAll or a portion of these securities were purchased on a delayed delivery basis.

iFloating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

kPrincipal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index. o Payment in Kind Bond

q In default

r Agreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $143,975,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rates 0.125%–0.250% and maturity dates 7/15/29–7/15/31, valued at $146,854,658.

Cost amounts are in thousands.

Principal denominated in U.S. Dollars, unless otherwise noted.

Futures contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

Number of

 

 

 

 

 

 

Unrealized

 

long (short)

Expiration

 

Notional

 

 

 

appreciation

Description

contracts

date

 

amount

 

Value

 

(depreciation)

US 10YR Ultra

(1,443‌)

06/21/22

$

(201,462‌)

$

(195,481‌)

$

5,981‌

 

Forward foreign currency contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

 

 

 

 

 

 

Unrealized

Currency to be

 

Currency to

 

 

 

 

appreciation

purchased

Receive

be sold

Deliver

Counterparty

Settlement date

 

(depreciation)

 

 

 

 

 

 

 

 

$

4,271

AUD

6,056

Australia and New Zealand Banking Group

04/29/22

$

(262‌)

$

1,018

AUD

1,359

Australia and New Zealand Banking Group

05/02/22

 

1‌

$

465

EUR

417

Australia and New Zealand Banking Group

04/29/22

 

3‌

$

218

EUR

199

Australia and New Zealand Banking Group

04/29/22

 

(3‌)

EUR

16

$

18

Australia and New Zealand Banking Group

04/29/22

 

(1‌)

EUR

2,775

$

3,105

Australia and New Zealand Banking Group

04/29/22

 

(33‌)

EUR

3,945

$

4,399

Australia and New Zealand Banking Group

04/29/22

 

(31‌)

Total

 

 

 

 

 

$

(326‌)

$

463

HUF

159,169

Bank of America

04/29/22

$

(14‌)

$

7,254

KRW

8,782,028

Bank of America

04/04/22

 

19‌

$

7,011

KRW

8,597,307

Bank of America

05/03/22

 

(61‌)

$

660

SEK

6,188

Bank of America

04/29/22

 

2‌

EUR

879

$

1,007

Bank of America

04/29/22

 

(33‌)

GBP

780

$

1,022

Bank of America

04/29/22

 

3‌

KRW

8,782,028

$

7,166

Bank of America

04/04/22

 

70‌

Total

 

 

 

 

 

$

(14‌)

 

 

 

 

 

 

 

 

$

20,162

CNY

129,054

Citibank N.A.

04/29/22

$

(121‌)

$

89,944

EUR

80,516

Citibank N.A.

04/29/22

 

797‌

$

841

EUR

735

Citibank N.A.

04/29/22

 

28‌

$

23,526

GBP

17,603

Citibank N.A.

04/29/22

 

405‌

$

7,240

KRW

8,782,028

Citibank N.A.

04/04/22

 

5‌

$

1,381

NOK

12,387

Citibank N.A.

04/29/22

 

(25‌)

$

762

THB

25,751

Citibank N.A.

04/29/22

 

(13‌)

KRW

8,782,028

$

7,254

Citibank N.A.

04/04/22

 

(18‌)

Total

 

 

 

 

 

$

1,058‌

 

 

 

 

 

 

 

 

$

510

AUD

681

Morgan Stanley

04/29/22

$

0‌^

$

29,142

JPY

3,359,245

Morgan Stanley

05/02/22

 

1,531‌

$

921

NZD

1,400

Morgan Stanley

04/29/22

 

(49‌)

$

409

PEN

1,532

Morgan Stanley

05/03/22

 

(6‌)

EUR

687

$

788

Morgan Stanley

04/29/22

 

(27‌)

Total

 

 

 

 

 

$

1,449‌

 

 

 

 

 

 

 

 

$

47

GBP

35

Standard Chartered Bank

04/29/22

$

0‌^

$

513

AUD

685

Toronto Dominion Bank

04/29/22

$

0‌^

$

8,016

CAD

10,204

Toronto Dominion Bank

04/29/22

 

(145‌)

$

1,999

EUR

1,792

Toronto Dominion Bank

04/29/22

 

14‌

$

660

EUR

600

Toronto Dominion Bank

04/29/22

 

(4‌)

300

COLLEGE RETIREMENT EQUITIES FUND - Bond Market Account

 

 

 

 

 

 

Unrealized

Currency to be

 

Currency to

 

 

 

appreciation

purchased

Receive

be sold

Deliver

Counterparty

Settlement date

(depreciation)

 

 

 

 

 

 

 

$

257

GBP

196

Toronto Dominion Bank

04/29/22

(1‌)

$

2

NZD

3

Toronto Dominion Bank

04/29/22

(0‌)^

EUR

600

$

660

Toronto Dominion Bank

04/07/22

4‌

GBP

15

$

20

Toronto Dominion Bank

04/29/22

(1‌)

GBP

210

$

282

Toronto Dominion Bank

04/29/22

(6‌)

Total

 

 

 

 

$

(139‌)

Total

 

 

 

 

$

2,028‌

^Amount represents less than $1,000.

AUD

Australian Dollar

CAD

Canadian Dollar

CNY

Chinese Yuan

EUR

Euro

GBP

Pound Sterling

HUF

Hungary Forint

JPY

Japanese Yen

KRW

South Korean Won

NOK

Norwegian Krone

NZD

New Zealand Dollar

PEN

Peruvian Sol

SEK

Swedish Krona

THB

Thai Baht

Centrally cleared credit default swap contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

PURCHASED

 

 

 

 

 

 

 

 

 

 

Terms of

Terms of

 

Fixed rate

 

 

 

Premiums

Unrealized

Reference

payments to

payments to

 

payment

Maturity

Notional

 

paid

appreciation

entity

be paid

be received

Counterparty

frequency

date

amount*

Value

(received)

(depreciation)

 

 

 

 

 

 

 

 

 

 

 

 

Credit event as

 

 

 

 

 

 

 

 

 

specified

Citigroup Global Markets,

 

 

 

 

 

 

CDX-NAIGS38V1-5Y

1.000%

in contract

Inc

Quarterly

06/20/27

$100,000‌

$(1,646‌)

$(1,332‌)

$(317‌)

*The maximum potential amount the Account could be required to pay as a seller of credit protection or receive as a buyer of credit protection if a credit event occurs is defined under the terms of that particular swap agreement. This amount may be reduced by any recoverable assets, if applicable.

301

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

COLLEGE RETIREMENT EQUITIES FUND

INFLATION-LINKED BOND ACCOUNT

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2022

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

 

(000)

BANK LOAN OBLIGATIONS - 0.6%

 

 

 

 

 

 

 

 

 

COMMERCIAL & PROFESSIONAL SERVICES - 0.0%

 

 

 

 

 

 

 

 

$2,500,000

h,i

Trans Union LLC

LIBOR

1M + 2.250%

2.750%

12/01/28

 

$2,478

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

 

 

2,478

CONSUMER DURABLES & APPAREL - 0.0%

 

 

 

 

 

 

 

 

 

2,720,000

i

Crocs, Inc

SOFR

3M + 3.500%

4.030

02/20/29

 

2,649

 

 

TOTAL CONSUMER DURABLES & APPAREL

 

 

 

 

 

 

 

2,649

CONSUMER SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

2,984,733

i

1011778 BC ULC

LIBOR 1M + 1.750%

2.207

11/19/26

 

2,917

2,500,000

h,i

Stars Group Holdings BV

LIBOR 3 M + 3.500%

3.256

07/21/26

 

2,478

 

 

TOTAL CONSUMER SERVICES

 

 

 

 

 

 

 

5,395

HEALTH CARE EQUIPMENT & SERVICES - 0.0%

 

 

 

 

 

 

 

 

375,000

h,i

II-VI, Inc

LIBOR 1 M + 2.750%

3.250

12/08/28

 

372

3,000,000

i

Select Medical Corp

LIBOR

1M + 2.250%

2.710

03/06/25

 

2,961

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

 

 

 

 

 

 

 

3,333

MEDIA & ENTERTAINMENT - 0.1%

 

 

 

 

 

 

 

 

 

 

2,000,000

h,i

Fluidra Finco SL

SOFR

1M + 2.000%

2.500

01/29/29

 

1,982

3,150,646

h,i

Nascar Holdings, Inc

LIBOR 3 M + 2.750%

2.957

10/19/26

 

3,120

2,416,458

i

Organon & Co

LIBOR 3M + 3.000%

3.563

06/02/28

 

2,401

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

 

 

 

 

 

7,503

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.2%

 

 

 

 

 

 

 

 

3,750,000

h,i

Avantor, Inc

LIBOR

1M + 2.250%

2.750

11/08/27

 

3,716

2,500,000

h,i

Jazz Financing Lux Sarl

LIBOR

1M + 3.500%

4.000

05/05/28

 

2,488

5,000,000

h,i

PPD, Inc

LIBOR 1 M + 2.250%

2.750

01/13/28

 

4,991

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

 

 

 

 

 

11,195

RETAILING - 0.0%

 

 

 

 

 

 

 

 

 

 

2,992,500

i

Rexnord LLC

LIBOR

1M + 2.250%

2.750

10/04/28

 

2,972

 

 

TOTAL RETAILING

 

 

 

 

 

 

 

2,972

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%

 

 

 

 

 

 

 

 

3,750,000

h,i

MKS Instruments, Inc

LIBOR 1 M + 2.250%

2.750

10/20/28

 

3,714

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

 

 

 

 

 

 

 

3,714

SOFTWARE & SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

2,640,000

h,i

NortonLifeLock, Inc

SOFR + 2.000%

2.500

01/28/29

 

2,605

1,655,838

h,i

SS&C Technologies, Inc

LIBOR

1M + 1.750%

2.207

04/16/25

 

1,628

1,344,162

h,i

SS&C Technologies, Inc

LIBOR

1M + 1.750%

2.207

04/16/25

 

1,322

 

 

TOTAL SOFTWARE & SERVICES

 

 

 

 

 

 

 

5,555

UTILITIES - 0.0%

 

 

 

 

 

 

 

 

 

 

2,493,734

i

Core & Main LP

LIBOR 1M + 2.500%

2.947

07/27/28

 

2,469

 

 

TOTAL UTILITIES

 

 

 

 

 

 

 

2,469

 

 

TOTAL BANK LOAN OBLIGATIONS

 

 

 

 

 

 

 

47,263

 

 

(Cost $47,520)

 

 

 

 

 

 

 

 

BONDS - 99.2%

 

 

 

 

 

 

 

 

 

 

CORPORATE BONDS - 1.6%

 

 

 

 

 

 

 

 

 

 

BANKS - 0.1%

 

 

 

 

 

 

 

 

 

 

3,000,000

 

Bank of America Corp

 

 

2.572

10/20/32

 

2,726

302

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

 

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$3,000,000

 

 

JPMorgan Chase & Co

 

 

2.545%

 

11/08/32

 

$2,741

 

 

 

 

 

TOTAL BANKS

 

 

 

 

 

 

 

5,467

 

COMMERCIAL & PROFESSIONAL SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

3,485,000

 

g

Albion Financing

SARL

6.125

10/15/26

 

3,363

5,000,000

 

g

Prime Security Services Borrower LLC

5.750

04/15/26

 

5,101

 

 

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

8,464

 

DIVERSIFIED FINANCIALS - 0.1%

 

 

 

 

 

 

 

 

 

 

 

3,125,000

 

g

Banco de Chile

 

 

2.990

12/09/31

 

2,882

3,000,000

 

 

Morgan Stanley

 

 

2.511

10/20/32

 

2,704

5,000,000

 

 

OneMain Finance Corp

3.500

01/15/27

 

4,625

 

 

 

 

TOTAL DIVERSIFIED FINANCIALS

 

 

 

 

 

10,211

 

ENERGY - 0.3%

 

 

 

 

 

 

 

 

 

 

 

2,275,000

 

 

Ecopetrol S.A.

 

 

4.625

11/02/31

 

2,059

5,000,000

 

g

Hess Midstream Operations LP

5.625

02/15/26

 

5,130

2,500,000

 

g

MEG Energy Corp

 

 

7.125

02/01/27

 

2,617

5,000,000

 

 

Murphy Oil Corp

 

 

5.875

12/01/27

 

5,087

5,000,000

 

e

Occidental Petroleum Corp

3.500

08/15/29

 

4,925

 

3,150,000

 

g

Parkland Corp

 

 

4.625

05/01/30

 

2,930

 

2,375,000

 

 

Petroleos Mexicanos

6.700

02/16/32

 

2,256

 

 

 

 

 

TOTAL ENERGY

 

 

 

 

 

 

 

25,004

 

 

FOOD, BEVERAGE & TOBACCO - 0.0%

 

 

 

 

 

 

 

 

 

 

 

1,800,000

 

g

Cia Cervecerias Unidas S.A.

3.350

01/19/32

 

1,711

 

 

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

 

 

 

 

 

1,711

 

HEALTH CARE EQUIPMENT & SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

6,000,000

 

g

Tenet Healthcare Corp

4.375

01/15/30

 

5,760

 

 

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

 

 

 

 

 

5,760

 

MATERIALS - 0.1%

 

 

 

 

 

 

 

 

 

 

 

3,275,000

 

g

GCC SAB de C.V.

 

 

3.614

04/20/32

 

3,037

5,000,000

 

g

SunCoke Energy, Inc

4.875

06/30/29

 

4,714

 

 

 

 

TOTAL MATERIALS

 

 

 

 

 

 

 

7,751

 

MEDIA & ENTERTAINMENT - 0.2%

 

 

 

 

 

 

 

 

 

 

 

2,970,000

 

g

DISH DBS Corp

 

 

5.250

12/01/26

 

2,829

5,000,000

 

g

EIG Pearl Holdings Sarl

3.545

08/31/36

 

4,759

3,260,000

 

g

Misc Capital Two Labuan Ltd

3.750

04/06/27

 

3,240

5,000,000

 

g

Sirius XM Radio, Inc

3.125

09/01/26

 

4,727

1,575,000

 

e

TSMC Arizona Corp

1.750

10/25/26

 

1,476

 

 

 

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

 

 

 

17,031

 

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.1%

 

 

 

 

 

 

 

3,400,000

 

g

Avantor Funding, Inc

3.875

11/01/29

 

3,196

 

1,045,000

 

 

Teva Pharmaceutical Finance Netherlands III BV

4.750

05/09/27

 

1,003

 

990,000

 

e

Teva Pharmaceutical Finance Netherlands III BV

5.125

05/09/29

 

952

 

 

 

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

 

 

 

5,151

 

REAL ESTATE - 0.1%

 

 

 

 

 

 

 

 

 

 

 

5,000,000

 

g

Howard Hughes Corp

4.125

02/01/29

 

4,691

 

5,000,000

 

g

RLJ Lodging Trust LP

3.750

07/01/26

 

4,750

 

 

 

 

 

TOTAL REAL ESTATE

 

 

 

 

 

9,441

 

RETAILING - 0.1%

 

 

 

 

 

 

 

 

 

 

 

4,340,000

 

g

Asbury Automotive Group, Inc

4.625

11/15/29

 

4,042

 

 

 

 

 

TOTAL RETAILING

 

 

 

 

 

 

 

4,042

 

SOFTWARE & SERVICES - 0.1%

 

 

 

 

 

 

 

 

 

 

 

2,435,000

 

g

CA Magnum Holdings

5.375

10/31/26

 

2,398

 

2,830,000

 

g

Open Text Corp

 

 

3.875

12/01/29

 

2,689

 

303

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

$3,600,000

 

g

Prosus NV

 

 

 

3.257%

 

01/19/27

 

$3,289

 

 

 

TOTAL SOFTWARE & SERVICES

 

 

 

 

 

 

 

8,376

TELECOMMUNICATION SERVICES - 0.2%

 

 

 

 

 

 

 

 

 

2,900,000

 

 

AT&T, Inc

 

 

2.250

02/01/32

 

2,572

4,925,000

 

g

Iliad Holding SASU

 

 

6.500

10/15/26

 

4,938

3,000,000

 

g

Telefonica Moviles Chile S.A.

 

 

3.537

11/18/31

 

2,790

3,100,000

 

g

Verizon Communications, Inc

 

 

2.355

03/15/32

 

2,800

 

 

 

TOTAL TELECOMMUNICATION SERVICES

 

 

 

 

 

 

 

13,100

TRANSPORTATION - 0.0%

 

 

 

 

 

 

 

 

 

 

1,700,000

 

g

Indian Railway Finance Corp Ltd

 

 

3.570

01/21/32

 

1,599

 

 

 

TOTAL TRANSPORTATION

 

 

 

 

 

 

 

1,599

UTILITIES - 0.0%

 

 

 

 

 

 

 

 

 

 

1,450,000

 

g

Israel Electric Corp Ltd

 

 

3.750

02/22/32

 

1,392

 

 

 

TOTAL UTILITIES

 

 

 

 

 

 

 

1,392

 

 

 

TOTAL CORPORATE BONDS

 

 

 

 

 

 

 

124,500

 

 

 

(Cost $131,331)

 

 

 

 

 

 

 

 

GOVERNMENT BONDS - 94.9%

 

 

 

 

 

 

 

 

 

 

AGENCY SECURITIES - 0.2%

 

 

 

 

 

 

 

 

 

 

14,985,000

 

 

Montefiore Medical Center

 

 

2.895

04/20/32

 

14,353

2,631,579

 

 

Reliance Industries Ltd

 

 

2.444

01/15/26

 

2,613

 

 

 

TOTAL AGENCY SECURITIES

 

 

 

 

 

 

 

16,966

MORTGAGE BACKED - 2.2%

 

 

 

 

 

 

 

 

 

 

6,225,000

 

g,i

Freddie Mac STACR REMIC Trust

 

 

2.349

08/25/33

 

6,170

10,000,000

 

g,i

Freddie Mac STACR REMIC Trust

 

 

1.049

12/25/41

 

9,749

19,629,242

 

 

Government National Mortgage Association (GNMA)

3.600

09/15/31

 

19,865

9,786,968

 

 

GNMA

 

 

3.650

02/15/32

 

9,956

2,210,987

 

 

GNMA

 

 

3.380

07/15/35

 

2,215

2,885,504

 

 

GNMA

 

 

3.870

10/15/36

 

2,934

37,497,154

 

 

GNMA

 

 

1.730

07/15/37

 

35,797

34,543,280

 

 

GNMA

 

 

4.250

09/15/38

 

35,490

24,013,689

 

 

GNMA

 

 

1.650

07/15/42

 

22,745

26,030,549

 

 

GNMA

 

 

2.750

01/15/45

 

26,346

 

 

 

TOTAL MORTGAGE BACKED

 

 

 

 

 

 

 

171,267

U.S. TREASURY SECURITIES - 92.5%

 

 

 

 

 

 

 

 

 

 

254,350,225

 

k

United States Treasury Inflation Indexed

Bonds

0.125

07/15/22

 

261,315

370,180,800

 

k

United States Treasury Inflation Indexed

Bonds

0.125

01/15/23

 

383,094

268,182,090

 

k

United States Treasury Inflation Indexed

Bonds

0.625

04/15/23

 

279,611

271,146,610

 

k

United States Treasury Inflation Indexed

Bonds

0.375

07/15/23

 

284,609

193,038,753

 

k

United States Treasury Inflation Indexed

Bonds

0.625

01/15/24

 

203,026

227,345,760

 

k

United States Treasury Inflation Indexed

Bonds

0.500

04/15/24

 

238,944

192,356,125

 

k

United States Treasury Inflation Indexed

Bonds

0.125

07/15/24

 

201,861

227,323,400

 

k

United States Treasury Inflation Indexed

Bonds

0.125

10/15/24

 

237,784

217,164,270

 

k

United States Treasury Inflation Indexed

Bonds

0.250

01/15/25

 

227,730

114,833,412

 

k

United States Treasury Inflation Indexed

Bonds

2.375

01/15/25

 

127,456

176,281,920

 

k

United States Treasury Inflation Indexed

Bonds

0.125

04/15/25

 

184,256

234,677,520

 

k

United States Treasury Inflation Indexed

Bonds

0.375

07/15/25

 

248,176

305,479,320

 

k

United States Treasury Inflation Indexed

Bonds

0.125

10/15/25

 

320,198

251,399,131

 

k

United States Treasury Inflation Indexed

Bonds

0.625

01/15/26

 

268,010

75,515,666

 

k

United States Treasury Inflation Indexed

Bonds

2.000

01/15/26

 

84,613

155,406,650

 

k

United States Treasury Inflation Indexed

Bonds

0.125

04/15/26

 

162,436

173,543,320

 

k

United States Treasury Inflation Indexed

Bonds

0.125

07/15/26

 

182,404

291,367,375

 

k

United States Treasury Inflation Indexed

Bonds

0.125

10/15/26

 

306,266

230,970,630

 

k

United States Treasury Inflation Indexed

Bonds

0.375

01/15/27

 

244,793

134,079,712

 

k

United States Treasury Inflation Indexed

Bonds

2.375

01/15/27

 

155,535

132,711,810

 

k

United States Treasury Inflation Indexed

Bonds

0.375

07/15/27

 

141,346

234,165,195

 

k

United States Treasury Inflation Indexed

Bonds

0.500

01/15/28

 

250,474

304

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

 

 

 

 

 

 

REFERENCE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

$231,302,184

 

k

United States Treasury Inflation Indexed

Bonds

 

123,427,245

 

k

United States Treasury Inflation Indexed

Bonds

 

143,326,720

 

k

United States Treasury Inflation Indexed

Bonds

 

210,385,350

 

k

United States Treasury Inflation Indexed

Bonds

 

154,347,606

 

k

United States Treasury Inflation Indexed

Bonds

 

8,702,678

 

k

United States Treasury Inflation Indexed

Bonds

 

205,479,340

 

k

United States Treasury Inflation Indexed

Bonds

 

169,331,300

 

k

United States Treasury Inflation Indexed

Bonds

 

134,291,850

 

k

United States Treasury Inflation Indexed

Bonds

 

164,118,960

 

k

United States Treasury Inflation Indexed

Bonds

 

246,927,951

 

k

United States Treasury Inflation Indexed

Bonds

 

65,874,016

 

k

United States Treasury Inflation Indexed

Bonds

 

41,456,256

 

k

United States Treasury Inflation Indexed

Bonds

 

49,583,857

 

k

United States Treasury Inflation Indexed

Bonds

 

31,212,528

 

e,k

United States Treasury Inflation Indexed

Bonds-When Issued

 

25,000,000

 

e

United States Treasury Note

 

 

 

 

 

 

TOTAL U.S. TREASURY SECURITIES

 

 

 

 

 

 

TOTAL GOVERNMENT BONDS

 

 

 

 

 

 

(Cost $7,102,327)

 

 

STRUCTURED ASSETS - 2.7%

 

 

 

 

ASSET BACKED - 0.5%

 

 

 

 

4,214,000

 

i

Bayview Financial Mortgage Pass-Through Trust

LIBOR 1 M + 1.125%

 

 

 

 

Series - 2006 A (Class M4)

 

 

2,992,500

 

g

DB Master Finance LLC

 

 

 

 

 

 

Series - 2021 1A (Class A2I)

 

 

5,885,250

 

g

DB Master Finance LLC

 

 

 

 

 

 

Series - 2021 1A (Class A2II)

 

 

4,389,000

 

g

DB Master Finance LLC

 

 

 

 

 

 

Series - 2021 1A (Class A23)

 

 

3,000,000

 

†,g

Industrial DPR Funding Ltd

 

 

 

 

 

 

Series - 2022 1A (Class 1)

 

 

7,348,960

 

g

MVW LLC

 

 

 

 

 

 

Series - 2021 2A (Class B)

 

 

6,960,032

 

g

Oak Street Investment Grade Net Lease Fund Series

 

 

 

 

 

Series - 2021 2A (Class A1)

 

 

4,765,154

 

g

Sunnova Helios VIII Issuer LLC

 

 

 

 

 

 

Series - 2022 A (Class A)

 

 

 

 

 

 

TOTAL ASSET BACKED

 

 

OTHER MORTGAGE BACKED - 2.2%

 

 

 

 

5,000,000

 

g,i

BAMLL Commercial Mortgage Securities Trust

 

 

 

 

 

Series - 2022 DKLX (Class A)

 

 

7,500,000

 

g,i

BAMLL Commercial Mortgage Securities Trust

 

 

 

 

 

Series - 2022 DKLX (Class C)

 

 

2,500,000

 

g,i

BAMLL Commercial Mortgage Securities Trust

 

 

 

 

 

Series - 2022 DKLX (Class D)

 

 

2,000,000

 

i

BENCHMARK Mortgage Trust

 

 

 

 

 

 

Series - 2018 B2 (Class C)

 

 

2,415,134

 

g,i

BX Commercial Mortgage Trust

 

LIBOR 1 M + 1.800%

 

 

 

 

Series - 2018 IND (Class F)

 

 

27,570,979

 

g,i

BX Commercial Mortgage Trust

 

LIBOR 1 M + 1.197%

 

 

 

 

Series - 2021 XL2 (Class C)

 

 

1,463,946

 

g,i

BX Commercial Mortgage Trust

 

LIBOR 1 M + 1.846%

 

 

 

 

Series - 2021 XL2 (Class E)

 

 

6,000,000

 

g,i

BX Commercial Mortgage Trust

 

LIBOR 1 M + 1.271%

 

 

 

 

Series - 2021 CIP (Class B)

 

 

2,000,000

 

g,i

BX TRUST

 

 

 

 

 

 

Series - 2022 AHP (Class B)

 

 

5,650,000

 

g,i

Citigroup Commercial Mortgage Trust

 

LIBOR 1 M + 1.900%

 

 

 

 

Series - 2021 PRM2 (Class D)

 

 

 

 

MATURITY

VALUE

RATE

 

DATE

(000)

 

1.750%

 

01/15/28

 

$264,796

 

3.625

04/15/28

 

156,326

0.750

07/15/28

 

156,741

0.875

01/15/29

 

232,274

2.500

01/15/29

 

188,006

3.875

04/15/29

 

11,505

0.250

07/15/29

 

219,341

0.125

01/15/30

 

178,730

0.125

07/15/30

 

142,407

0.125

01/15/31

 

173,681

0.125

07/15/31

 

262,607

3.375

04/15/32

 

92,898

0.125

02/15/51

 

42,394

0.125

02/15/52

 

51,356

0.125

01/15/32

 

33,193

1.500

02/29/24

 

24,636

 

 

 

 

 

7,224,828

 

 

 

 

 

7,413,061

 

1.572

02/28/41

4,189

2.045

11/20/51

2,730

2.493

11/20/51

5,306

2.791

11/20/51

3,931

5.380

04/15/34

3,000

1.830

05/20/39

6,954

2.380

11/20/51

6,710

2.790

02/22/49

4,560

 

 

 

 

 

37,380

1.452

01/15/39

4,958

2.452

01/15/39

7,425

3.302

01/15/39

2,446

4.197

02/15/51

1,971

2.197

11/15/35

2,414

1.594

10/15/38

26,913

2.243

10/15/38

1,427

1.668

12/15/38

5,887

2.141

01/17/39

1,967

2.297

10/15/36

5,533

305

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$7,000,000

 

g,i

Citigroup Commercial Mortgage Trust

LIBOR 1 M + 2.400%

 

2.797%

 

10/15/36

 

$6,857

 

 

 

Series - 2021 PRM2 (Class E)

 

 

 

 

 

 

 

2,000,000

 

g

COMM Mortgage Trust

 

3.397

03/10/46

 

1,990

 

 

 

Series - 2013 CR6 (Class B)

 

 

 

 

 

 

 

1,000,000

 

i

COMM Mortgage Trust

 

4.558

10/10/47

 

994

 

 

 

Series - 2014 LC17 (Class C)

 

 

 

 

 

 

 

2,500,000

 

i

COMM Mortgage Trust

 

4.478

10/10/48

 

2,520

 

 

 

Series - 2015 CR26 (Class B)

 

 

 

 

 

 

 

5,929,387

 

g,i

Connecticut Avenue Securities

 

0.999

11/25/41

 

5,866

 

 

 

Series - 2021 R02 (Class 2M1)

 

 

 

 

 

 

 

10,000,000

 

g,i

Connecticut Avenue Securities Trust

 

1.649

10/25/41

 

9,661

 

 

 

Series - 2021 R01 (Class 1M2)

 

 

 

 

 

 

 

9,000,000

 

g,i

Connecticut Avenue Securities Trust

 

1.749

12/25/41

 

8,519

 

 

 

Series - 2021 R03 (Class 1M2)

 

 

 

 

 

 

 

6,000,000

 

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 1.320%

1.717

11/15/38

 

5,872

 

 

 

Series - 2021 ELP (Class C)

 

 

 

 

 

 

 

4,500,000

 

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 2.118%

2.515

11/15/38

 

4,356

 

 

 

Series - 2021 ELP (Class E)

 

 

 

 

 

 

 

5,000,000

 

g,i

EQUS Mortgage Trust

LIBOR 1 M + 2.300%

2.697

10/15/38

 

4,856

 

 

 

Series - 2021 EQAZ (Class E)

 

 

 

 

 

 

 

2,485,000

 

g,i

Freddie Mac STACR REMIC Trust

 

1.749

01/25/34

 

2,445

 

 

 

Series - 2021 DNA5 (Class M2)

 

 

 

 

 

 

 

15,000,000

 

g,i

Freddie Mac STACR REMIC Trust

 

2.599

01/25/42

 

14,022

 

 

 

Series - 2022 DNA1 (Class M2)

 

 

 

 

 

 

 

6,890,133

 

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

1.349

02/25/42

 

6,848

 

 

 

Series - 2022 DNA2 (Class M1A)

 

 

 

 

 

 

 

4,000,000

 

g,i

GS Mortgage Securities Corp II

LIBOR 1 M + 3.350%

3.747

11/15/36

 

3,919

 

 

 

Series - 2021 ARDN (Class E)

 

 

 

 

 

 

 

2,000,000

 

g

JP Morgan Chase Commercial Mortgage Securities Trust

 

3.620

01/16/37

 

1,914

 

 

 

Series - 2020 NNN (Class DFX)

 

 

 

 

 

 

 

3,986,816

 

g,i

Morgan Stanley Capital I Inc

LIBOR 1 M + 1.377%

1.774

11/15/23

 

3,867

 

 

 

Series - 2021 ILP (Class C)

 

 

 

 

 

 

 

3,500,000

 

g

MRCD Mortgage Trust

 

2.718

12/15/36

 

3,237

 

 

 

Series - 2019 PARK (Class D)

 

 

 

 

 

 

 

1,500,000

 

g

MRCD Mortgage Trust

 

2.718

12/15/36

 

1,377

 

 

 

Series - 2019 PARK (Class E)

 

 

 

 

 

 

 

2,500,000

 

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 2.200%

2.597

07/15/36

 

2,481

 

 

 

Series - 2019 MILE (Class C)

 

 

 

 

 

 

 

7,716,724

 

g,i

SMR Mortgage Trust

 

2.701

02/15/39

 

7,624

 

 

 

Series - 2022 IND (Class B)

 

 

 

 

 

 

 

2,000,000

 

g,i

SREIT Trust

LIBOR 1 M + 1.171%

1.568

11/15/36

 

1,960

 

 

 

Series - 2021 MFP2 (Class B)

 

 

 

 

 

 

 

2,458,506

 

g

Verus Securitization Trust

 

3.000

11/25/59

 

2,455

 

 

 

Series - 2019 4 (Class A3)

 

 

 

 

 

 

 

9,228,634

 

g,i

Verus Securitization Trust

 

2.240

10/25/66

 

8,704

 

 

 

Series - 2021 7 (Class A3)

 

 

 

 

 

 

 

1,451,000

 

i

WFRBS Commercial Mortgage Trust

 

4.182

03/15/45

 

1,453

 

 

 

Series - 2013 C11 (Class C)

 

 

 

 

 

 

 

 

 

 

TOTAL OTHER MORTGAGE BACKED

 

 

 

 

 

 

174,738

 

 

 

TOTAL STRUCTURED ASSETS

 

 

 

 

 

 

212,118

 

 

 

(Cost $219,159)

 

 

 

 

 

 

 

 

 

 

TOTAL BONDS

 

 

 

 

 

 

7,749,679

 

 

 

(Cost $7,452,817)

 

 

 

 

 

 

 

SHORT-TERM INVESTMENTS - 1.3%

 

 

 

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 0.3%

 

 

 

 

 

 

 

 

 

10,000,000

 

 

Federal Farm Credit Bank (FFCB)

 

0.000

04/27/22

 

9,999

10,000,000

 

 

Federal Home Loan Bank (FHLB)

 

0.000

04/08/22

 

9,999

 

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

 

 

19,998

306

COLLEGE RETIREMENT EQUITIES FUND - Inflation-Linked Bond Account

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE

 

DATE

(000)

REPURCHASE AGREEMENT - 0.3%

 

 

 

 

 

 

 

$23,245,000

r

Fixed Income Clearing Corp (FICC)

0.250%

04/01/22

 

$23,245

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

23,245

TREASURY DEBT - 0.1%

 

 

 

 

 

 

 

10,000,000

 

United States Treasury Bill

0.000

06/23/22

 

9,989

 

 

TOTAL TREASURY DEBT

 

 

 

 

9,989

SHARES

 

COMPANY

 

 

 

 

 

INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 0.6%

 

 

 

 

 

48,192,565

c

State Street Navigator Securities Lending Government Money Market Portfolio

0.290

 

 

 

48,193

 

 

TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES

 

 

 

 

48,193

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

101,425

 

 

(Cost $101,433)

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 101.1%

 

 

 

 

7,898,367

 

 

(Cost $7,601,770)

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (1.1)%

 

 

 

 

(89,709)

 

 

NET ASSETS - 100.0%

 

 

 

 

$7,808,658

 

LIBOR

London Interbank Offered Rate

 

 

 

 

 

 

M

Month

 

 

 

 

 

 

REIT

Real Estate Investment Trust

 

 

 

 

 

 

SOFR

Secure Overnight Financing Rate

 

 

 

 

 

† Security is categorized as Level 3 in the fair value hierarchy.

c Investments made with cash collateral received from securities on loan.

e All or a portion of these securities are out on loan. The aggregate value of securities on loan is $47,198,775.

g Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $308,283,399 or 3.9% of net assets.

hAll or a portion of these securities were purchased on a delayed delivery basis.

iFloating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

k Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $23,245,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.125% and maturity date 1/15/32, valued at $23,709,902.

Cost amounts are in thousands.

Futures contracts outstanding as of March 31, 2022 were as follows (dollar amounts are in thousands):

 

Number of

 

 

 

 

 

 

Unrealized

 

long (short)

Expiration

 

Notional

 

 

 

appreciation

Description

contracts

date

 

amount

 

Value

 

(depreciation)

 

 

 

 

 

 

 

 

 

US 10YR Note

(117‌)

06/21/22

$

(15,049‌)

$

(14,376‌)

$

673‌

 

US Long Bond

(19‌)

06/21/22

 

(2,933‌)

 

(2,851‌)

 

82‌

US Ultra Bond

(580‌)

06/21/22

 

(106,546‌)

 

(102,733‌)

 

3,813‌

Total

(716‌)

 

$

(124,528‌)

$

(119,960‌)

$

4,568‌

 

 

 

 

 

 

 

 

 

 

307

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

COLLEGE RETIREMENT EQUITIES FUND

SOCIAL CHOICE ACCOUNT

SCHEDULE OF INVESTMENTS (unaudited)

March 31, 2022

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

 

(000)

BANK LOAN OBLIGATIONS - 0.1%

 

 

 

 

 

 

 

 

COMMERCIAL & PROFESSIONAL SERVICES - 0.1%

 

 

 

 

 

 

 

$15,880,200

 

i

LTR Intermediate Holdings, Inc

LIBOR 3M + 4.500%

5.500%

 

05/05/28

 

$15,563

 

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

 

15,563

MATERIALS - 0.0%

 

 

 

 

 

 

 

 

 

178,301

 

†,h

Vonore Fiber Products LLC

 

2.000

 

07/04/22

 

178

 

 

 

TOTAL MATERIALS

 

 

 

 

 

 

178

 

 

 

TOTAL BANK LOAN OBLIGATIONS

 

 

 

 

 

 

15,741

 

 

 

(Cost $15,900)

 

 

 

 

 

 

 

BONDS - 39.1%

 

 

 

 

 

 

 

 

 

CORPORATE BONDS - 16.3%

 

 

 

 

 

 

 

 

 

AUTOMOBILES & COMPONENTS - 0.2%

 

 

 

 

 

 

 

 

9,000,000

 

 

Aptiv plc

 

2.396

 

02/18/25

 

8,767

5,000,000

 

e

Dana, Inc

 

4.250

 

09/01/30

 

4,576

9,665,000

 

 

Ford Motor Co

 

3.250

 

02/12/32

 

8,632

6,200,000

 

 

Genuine Parts Co

 

1.750

 

02/01/25

 

5,920

7,250,000

 

 

Genuine Parts Co

 

2.750

 

02/01/32

 

6,653

12,925,000

 

e,g

Hyundai Capital Services, Inc

 

1.250

 

02/08/26

 

11,856

 

 

 

TOTAL AUTOMOBILES & COMPONENTS

 

 

 

 

 

 

46,404

BANKS - 2.7%

 

 

 

 

 

 

 

 

 

15,000,000

 

g

ABN AMRO Bank NV

 

2.470

 

12/13/29

 

13,710

6,925,000

 

g

Banco Nacional de Comercio Exterior SNC

 

2.720

 

08/11/31

 

6,570

12,575,000

 

g

Bank Hapoalim BM

 

3.255

 

01/21/32

 

11,569

13,750,000

 

 

Bank of America Corp

 

0.981

 

09/25/25

 

13,032

14,025,000

 

 

Bank of America Corp

 

2.456

 

10/22/25

 

13,781

15,000,000

 

i

Bank of America Corp

SOFR + 0.970%

1.112

 

07/22/27

 

14,928

12,500,000

 

 

Bank of America Corp

 

2.087

 

06/14/29

 

11,418

15,750,000

 

 

Bank of America Corp

 

2.687

 

04/22/32

 

14,484

10,000,000

 

 

Bank of Montreal

 

3.803

 

12/15/32

 

9,882

4,350,000

 

g

BNP Paribas S.A.

 

1.904

 

09/30/28

 

3,894

15,300,000

 

g

BNP Paribas S.A.

 

2.871

 

04/19/32

 

13,915

1,825,000

 

 

Canadian Imperial Bank of Commerce

 

0.950

 

10/23/25

 

1,679

10,000,000

 

 

Citigroup, Inc

 

1.678

 

05/15/24

 

9,918

14,125,000

 

 

Citigroup, Inc

 

0.776

 

10/30/24

 

13,646

12,600,000

 

 

Citigroup, Inc

 

1.281

 

11/03/25

 

11,990

6,375,000

 

i

Citigroup, Inc

SOFR + 0.694%

0.831

 

01/25/26

 

6,272

2,900,000

 

 

Citigroup, Inc

 

5.950

 

N/A‡

2,956

4,345,000

 

 

Citigroup, Inc

 

5.000

 

N/A‡

4,302

5,475,000

 

 

Citizens Bank NA

 

2.250

 

04/28/25

 

5,306

13,750,000

 

 

HSBC Holdings plc

 

2.206

 

08/17/29

 

12,368

10,000,000

 

g

ING Groep NV

 

1.400

 

07/01/26

 

9,251

12,500,000

 

i

ING Groep NV

SOFR + 1.010%

1.281

04/01/27

 

12,309

10,000,000

 

ING Groep NV

 

2.727

04/01/32

 

9,171

2,714,000

g

Intesa Sanpaolo S.p.A

 

3.375

01/12/23

 

2,720

1,825,000

g

Intesa Sanpaolo S.p.A

 

5.017

06/26/24

 

1,839

9,750,000

g

Intesa Sanpaolo S.p.A

 

3.250

09/23/24

 

9,654

6,000,000

g

Intesa Sanpaolo S.p.A

 

4.950

06/01/42

 

5,133

10,000,000

g

Itau Unibanco Holding S.A.

 

3.875

 

04/15/31

 

9,475

4,525,000

 

 

JPMorgan Chase & Co

 

0.563

 

02/16/25

 

4,324

4,875,000

 

 

JPMorgan Chase & Co

 

0.768

 

08/09/25

 

4,621

15,000,000

 

 

JPMorgan Chase & Co

 

1.040

 

02/04/27

 

13,745

13,065,000

 

e

JPMorgan Chase & Co

 

3.650

 

N/A‡

12,216

308

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$9,570,000

g

Kookmin Bank

 

 

2.500%

 

11/04/30

 

$8,509

 

4,000,000

 

Lloyds Banking Group plc

 

4.500

11/04/24

 

4,087

9,494,000

 

Lloyds Banking Group plc

 

3.870

07/09/25

 

9,594

5,925,000

i

Mizuho Financial Group, Inc

LIBOR 3 M + 0.630%

1.128

03/01/28

 

5,923

11,125,000

g

National Australia Bank Ltd

 

2.332

08/21/30

 

9,678

10,000,000

g

National Australia Bank Ltd

 

2.990

05/21/31

 

9,074

12,638,000

 

National Bank of Canada

 

0.550

11/15/24

 

12,159

2,790,000

 

NatWest Group plc

 

2.359

05/22/24

 

2,767

10,000,000

 

People's United Bank NA

 

4.000

07/15/24

 

10,125

7,275,000

 

Sumitomo Mitsui Financial Group, Inc

 

1.474

07/08/25

 

6,845

11,500,000

 

SVB Financial Group

 

2.100

05/15/28

 

10,481

1,925,000

 

SVB Financial Group

 

3.125

06/05/30

 

1,851

12,775,000

 

SVB Financial Group

 

1.800

02/02/31

 

11,000

14,135,000

 

SVB Financial Group

 

4.100

 

N/A‡

12,015

6,000,000

 

SVB Financial Group

 

4.000

 

N/A‡

5,550

14,350,000

 

Truist Financial Corp

 

1.267

03/02/27

 

13,288

14,200,000

e,g,i

UBS AG.

SOFR + 0.450%

0.626

08/09/24

 

14,123

 

11,675,000

g

UBS Group AG.

 

1.494

08/10/27

 

10,597

 

5,000,000

g

UBS Group AG.

 

2.746

02/11/33

 

4,543

 

15,275,000

g

UBS Group AG.

 

3.179

02/11/43

 

13,573

 

15,000,000

g

UniCredit S.p.A

 

2.569

09/22/26

 

13,859

 

3,600,000

g

UniCredit S.p.A

 

5.459

06/30/35

 

3,440

 

10,000,000

g

United Overseas Bank Ltd

 

2.000

10/14/31

 

9,277

 

3,835,000

g

USAA Capital Corp

 

2.125

05/01/30

 

3,536

 

12,125,000

 

Westpac Banking Corp

 

3.020

11/18/36

 

10,774

 

 

 

 

TOTAL BANKS

 

 

 

 

 

 

506,746

 

CAPITAL GOODS - 0.3%

 

 

 

 

 

 

 

 

 

 

10,450,000

 

Carrier Global Corp

 

2.700

02/15/31

 

9,752

 

5,300,000

 

CNH Industrial NV

 

4.500

08/15/23

 

5,409

 

4,150,000

 

Johnson Controls International plc

 

1.750

09/15/30

 

3,705

 

4,400,000

 

Masco Corp

 

1.500

02/15/28

 

3,872

 

5,000,000

 

Otis Worldwide Corp

 

3.112

02/15/40

 

4,400

 

4,975,000

 

Parker-Hannifin Corp

 

4.200

11/21/34

 

5,078

 

3,400,000

 

Roper Technologies, Inc

 

1.400

09/15/27

 

3,081

 

12,500,000

g

Siemens Financieringsmaatschappij NV

 

1.200

03/11/26

 

11,604

 

10,500,000

g

Triton Container International Ltd

 

1.150

06/07/24

 

9,962

 

3,500,000

g

Triton Container International Ltd

 

3.150

06/15/31

 

3,200

 

3,575,000

 

Xylem, Inc

 

2.250

01/30/31

 

3,247

 

 

 

 

TOTAL CAPITAL GOODS

 

 

 

 

 

 

63,310

 

COMMERCIAL & PROFESSIONAL SERVICES - 0.1%

 

 

 

 

 

 

 

 

7,500,000

 

Mather Foundation

 

2.675

10/01/31

 

6,970

 

15,810,000

 

Rockefeller Foundation

 

2.492

10/01/50

 

13,197

 

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

 

 

 

 

 

 

20,167

 

CONSUMER DURABLES & APPAREL - 0.0%

 

 

 

 

 

 

 

 

 

5,950,000

e

Whirlpool Corp

 

2.400

05/15/31

 

5,415

 

 

 

 

TOTAL CONSUMER DURABLES & APPAREL

 

 

 

 

 

 

5,415

 

CONSUMER SERVICES - 0.6%

 

 

 

 

 

 

 

 

 

 

2,900,000

 

Bush Foundation

 

2.754

10/01/50

 

2,485

 

3,125,000

 

Conservation Fund

 

3.474

12/15/29

 

3,122

 

10,000,000

 

Henry J Kaiser Family Foundation

 

3.356

12/01/25

 

9,679

 

5,145,000

 

Low Income Investment Fund

 

3.711

07/01/29

 

5,278

 

7,725,000

 

Massachusetts Higher Education Assistance Corp

 

2.673

07/01/31

 

7,288

 

3,440,000

i

Nature Conservancy

LIBOR 3 M + 1.080%

1.397

02/01/24

 

3,440

 

1,720,000

 

Nature Conservancy

 

2.668

03/01/26

 

1,688

 

3,000,000

 

Nature Conservancy

 

3.001

03/01/29

 

2,911

 

5,450,000

 

Nature Conservancy

 

3.957

03/01/52

 

5,625

 

17,500,000

 

New York Public Library Astor Lenox & Tilden Foundations

 

4.305

07/01/45

 

20,012

 

3,475,000

 

Salvation Army

 

5.637

09/01/26

 

3,766

 

20,000,000

 

Salvation Army

 

4.528

09/01/48

 

20,589

 

12,300,000

 

Starbucks Corp

 

2.450

06/15/26

 

11,993

 

309

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$11,440,000

 

Wisconsin Alumni Research Foundation

 

 

3.564%

 

10/01/49

 

$11,111

11,065,000

 

YMCA of Greater New York

 

5.151

08/01/48

 

11,978

 

 

 

TOTAL CONSUMER SERVICES

 

 

 

 

 

 

120,965

 

DIVERSIFIED FINANCIALS - 2.1%

 

 

 

 

 

 

 

 

 

9,400,000

i

AerCap Ireland Capital DAC

SOFR + 0.680%

0.951

09/29/23

 

9,308

10,800,000

 

AerCap Ireland Capital DAC

 

1.750

01/30/26

 

9,908

10,500,000

 

AerCap Ireland Capital DAC

 

3.000

10/29/28

 

9,683

8,900,000

 

AerCap Ireland Capital DAC

 

3.300

01/30/32

 

8,023

10,200,000

 

Ally Financial, Inc

 

4.700

 

N/A‡

9,601

3,000,000

g

Banco BTG Pactual S.A.

 

2.750

01/11/26

 

2,768

3,300,000

 

Bank of New York Mellon Corp

 

4.700

 

N/A‡

3,379

11,875,000

g

BPCE S.A.

 

1.652

10/06/26

 

10,958

20,525,000

g

BPCE S.A.

 

2.045

10/19/27

 

18,881

7,350,000

g

BPCE S.A.

 

3.116

10/19/32

 

6,652

8,500,000

g

BPCE S.A.

 

3.582

10/19/42

 

7,361

8,725,000

 

Charles Schwab Corp

 

4.000

 

N/A‡

7,836

11,645,000

 

Community Preservation Corp

 

2.867

02/01/30

 

11,068

9,875,000

g

Credit Suisse Group AG.

 

1.305

02/02/27

 

8,863

10,050,000

g

Credit Suisse Group AG.

 

3.091

05/14/32

 

9,064

4,750,000

 

Enterprise Community Loan Fund, Inc

 

4.152

11/01/28

 

4,724

15,000,000

 

Ford Foundation

 

2.815

06/01/70

 

12,374

13,300,000

 

Goldman Sachs Group, Inc

 

0.855

02/12/26

 

12,391

8,300,000

 

ING Groep NV

 

4.017

03/28/28

 

8,346

5,375,000

 

ING Groep NV

 

4.252

03/28/33

 

5,533

2,300,000

 

Legg Mason, Inc

 

3.950

07/15/24

 

2,348

10,000,000

 

Morgan Stanley

 

0.791

01/22/25

 

9,600

11,950,000

 

Morgan Stanley

 

0.985

12/10/26

 

10,960

12,450,000

 

Morgan Stanley

 

1.512

07/20/27

 

11,444

10,000,000

 

Morgan Stanley

 

2.239

07/21/32

 

8,861

14,150,000

 

Morgan Stanley

 

2.484

09/16/36

 

12,131

11,400,000

g,i

NatWest Markets plc

SOFR + 0.530%

0.716

08/12/24

 

11,248

10,000,000

g

NongHyup Bank

 

1.250

07/20/25

 

9,402

1,295,000

 

Reinvestment Fund, Inc

 

3.166

11/01/23

 

1,286

3,000,000

 

Reinvestment Fund, Inc

 

3.600

02/15/24

 

2,993

10,250,000

 

Reinvestment Fund, Inc

 

3.366

11/01/24

 

10,162

2,570,000

 

Reinvestment Fund, Inc

 

3.513

11/01/25

 

2,550

15,240,000

 

Reinvestment Fund, Inc

 

3.880

02/15/27

 

15,514

7,435,000

 

Reinvestment Fund, Inc

 

3.930

02/15/28

 

7,693

10,250,000

g,i

Societe Generale S.A.

SOFR + 1.050%

1.178

01/21/26

 

10,116

11,150,000

g

Societe Generale S.A.

 

2.889

06/09/32

 

9,991

3,125,000

g

Societe Generale S.A.

 

4.027

01/21/43

 

2,717

4,475,000

g

Starwood Property Trust, Inc

 

5.500

11/01/23

 

4,551

7,900,000

g

Swiss Re Finance Luxembourg SA

 

5.000

04/02/49

 

8,176

7,787,000

 

Toyota Motor Credit Corp

 

2.150

02/13/30

 

7,222

4,825,000

g

UBS Group AG

 

1.008

07/30/24

 

4,694

11,075,000

 

Unilever Capital Corp

 

2.000

07/28/26

 

10,666

5,523,000

 

Unilever Capital Corp

 

2.125

09/06/29

 

5,181

6,125,000

 

Unilever Capital Corp

 

1.375

09/14/30

 

5,291

8,475,000

e

Unilever Capital Corp

 

1.750

08/12/31

 

7,498

9,425,000

 

Unilever Capital Corp

 

2.625

08/12/51

 

7,837

3,450,000

g

WLB Asset II B Pte Ltd

 

3.950

12/10/24

 

3,344

5,500,000

g

WLB Asset II C Pte Ltd

 

3.900

12/23/25

 

5,279

1,925,000

g

WLB Asset II Pte Ltd

 

4.000

01/14/24

 

1,924

 

 

 

TOTAL DIVERSIFIED FINANCIALS

 

 

 

 

 

 

387,400

ENERGY - 0.8%

 

 

 

 

 

 

 

 

 

8,000,000

g

Aker BP ASA

 

2.875

01/15/26

 

7,777

10,000,000

g

Aker BP ASA

 

4.000

01/15/31

 

9,962

9,875,000

 

BP Capital Markets America, Inc

 

2.772

11/10/50

 

8,244

2,650,000

e

Cenovus Energy, Inc

 

2.650

01/15/32

 

2,400

6,550,000

e

Cenovus Energy, Inc

 

3.750

02/15/52

 

5,857

9,575,000

e

ConocoPhillips Co

 

3.800

03/15/52

 

9,743

7,500,000

i

Enbridge, Inc

SOFR + 0.400%

0.596

02/17/23

 

7,492

310

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$9,625,000

 

e

Enbridge, Inc

 

 

2.500%

 

01/15/25

 

$9,457

 

8,175,000

 

 

Enbridge, Inc

 

3.400

08/01/51

 

7,245

 

5,830,000

 

 

Enbridge, Inc

 

5.750

07/15/80

 

6,034

 

8,125,000

 

 

Equinor ASA

 

2.375

05/22/30

 

7,669

 

5,932,000

 

 

Equinor ASA

 

3.950

05/15/43

 

6,121

 

12,450,000

 

 

Equinor ASA

 

3.250

11/18/49

 

11,726

 

3,875,000

 

 

ONEOK, Inc

 

4.000

07/13/27

 

3,908

 

6,200,000

 

 

ONEOK, Inc

 

4.950

07/13/47

 

6,243

 

11,700,000

 

g

Santos Finance Ltd

 

3.649

04/29/31

 

10,933

 

7,540,000

 

e,g

Sunnova Energy Corp

 

5.875

09/01/26

 

7,215

 

12,850,000

 

 

Total Capital International S.A.

 

2.986

06/29/41

 

11,707

 

11,316,000

 

 

Total Capital International S.A.

 

3.127

05/29/50

 

10,324

 

 

 

 

 

TOTAL ENERGY

 

 

 

 

 

 

150,057

 

FOOD & STAPLES RETAILING - 0.2%

 

 

 

 

 

 

 

 

 

 

15,563,000

 

 

SYSCO Corp

 

2.400

02/15/30

 

14,473

 

18,954,000

 

 

Walmart, Inc

 

1.800

09/22/31

 

17,242

 

 

 

 

 

TOTAL FOOD & STAPLES RETAILING

 

 

 

 

 

 

31,715

 

FOOD, BEVERAGE & TOBACCO - 0.2%

 

 

 

 

 

 

 

 

 

 

6,150,000

 

g

Coca-Cola European Partners plc

 

1.500

01/15/27

 

5,611

 

10,000,000

 

g

NBM US Holdings, Inc

 

6.625

08/06/29

 

10,522

 

16,674,000

 

 

PepsiCo, Inc

 

2.875

10/15/49

 

15,446

 

 

 

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

 

 

 

 

 

 

31,579

 

HEALTH CARE EQUIPMENT & SERVICES - 0.1%

 

 

 

 

 

 

 

 

6,900,000

 

 

Cigna Corp

 

0.613

03/15/24

 

6,617

 

2,250,000

 

 

Mary Free Bed Rehabilitation Hospital

 

3.786

04/01/51

 

2,194

 

10,385,000

 

 

Stanford Health Care

 

3.027

08/15/51

 

9,182

 

 

 

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

 

 

 

 

 

 

17,993

 

HOUSEHOLD & PERSONAL PRODUCTS - 0.1%

 

 

 

 

 

 

 

 

5,300,000

 

 

Procter & Gamble Co

 

3.000

03/25/30

 

5,329

 

12,975,000

 

 

Procter & Gamble Co

 

1.200

10/29/30

 

11,300

 

 

 

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

 

 

 

 

 

 

16,629

 

INSURANCE - 0.7%

 

 

 

 

 

 

 

 

 

 

11,450,000

 

g

AIA Group Ltd

 

3.375

04/07/30

 

11,388

 

11,400,000

 

g

Empower Finance 2020 LP

 

1.357

09/17/27

 

10,265

 

4,000,000

 

g

Empower Finance 2020 LP

 

1.776

03/17/31

 

3,462

 

8,178,000

 

 

First American Financial Corp

 

2.400

08/15/31

 

7,160

 

3,975,000

 

g

Five Corners Funding Trust

 

4.419

11/15/23

 

4,062

 

15,675,000

 

g

Five Corners Funding Trust II

 

2.850

05/15/30

 

14,855

 

4,700,000

 

g

Great-West Lifeco US Finance 2020 LP

 

0.904

08/12/25

 

4,347

 

6,200,000

 

g

HCA, Inc

 

3.625

03/15/32

 

6,076

 

1,500,000

 

g

HCA, Inc

 

4.375

03/15/42

 

1,479

 

4,600,000

 

g

HCA, Inc

 

4.625

03/15/52

 

4,636

 

10,000,000

 

 

Principal Financial Group, Inc

 

2.125

06/15/30

 

9,045

 

6,504,000

 

 

Prudential Financial, Inc

 

1.500

03/10/26

 

6,124

 

10,250,000

 

 

Prudential Financial, Inc

 

5.200

03/15/44

 

10,225

 

3,705,000

 

 

Prudential Financial, Inc

 

3.700

10/01/50

 

3,395

 

4,475,000

 

 

Reinsurance Group of America, Inc

 

3.900

05/15/29

 

4,519

6,100,000

 

 

Reinsurance Group of America, Inc

 

3.150

06/15/30

 

5,875

18,222,000

 

g

Swiss Re Treasury US Corp

 

2.875

12/06/22

 

18,341

14,024,000

 

g

Swiss Re Treasury US Corp

 

4.250

12/06/42

 

15,613

 

 

 

 

TOTAL INSURANCE

 

 

 

 

 

 

140,867

 

MATERIALS - 0.6%

 

 

 

 

 

 

 

 

 

 

6,550,000

 

e,g

Celulosa Arauco y Constitucion S.A.

 

4.200

01/29/30

 

6,566

 

10,000,000

 

e,g

Celulosa Arauco y Constitucion S.A.

 

5.150

01/29/50

 

9,888

 

10,500,000

 

 

Fibria Overseas Finance Ltd

 

5.500

01/17/27

 

11,119

 

3,409,000

 

 

International Paper Co

 

4.800

06/15/44

 

3,635

 

12,000,000

 

e,g

Inversiones CMPC S.A.

 

4.375

04/04/27

 

12,551

 

10,000,000

 

g

Klabin Austria GmbH

 

7.000

04/03/49

 

10,514

 

311

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$3,250,000

g

LG Chem Ltd

 

 

 

3.625%

 

04/15/29

 

$3,255

6,925,000

 

LYB International Finance III LLC

3.375

10/01/40

 

6,199

5,000,000

 

Newmont Corp

 

 

2.250

10/01/30

 

4,570

9,875,000

 

PPG Industries, Inc

1.200

03/15/26

 

9,143

11,500,000

 

Sonoco Products Co

1.800

02/01/25

 

11,020

5,525,000

 

Sonoco Products Co

2.250

02/01/27

 

5,231

12,750,000

 

Sonoco Products Co

2.850

02/01/32

 

11,917

12,736,000

e

Teck Resources Ltd

3.900

07/15/30

 

12,717

 

 

 

TOTAL MATERIALS

 

 

 

 

 

118,325

MEDIA & ENTERTAINMENT - 0.3%

 

 

 

 

 

 

 

 

 

 

10,000,000

 

Alphabet, Inc

 

 

1.100

08/15/30

 

8,739

9,425,000

g

Magallanes, Inc

 

 

5.050

03/15/42

 

9,614

10,900,000

g

Magallanes, Inc

 

 

5.141

03/15/52

 

11,151

10,000,000

g

NTT Finance Corp

1.162

04/03/26

 

9,220

12,025,000

 

Paramount Global

6.375

03/30/62

 

12,139

9,100,000

g

RGA Global Funding

2.700

01/18/29

 

8,566

 

 

 

TOTAL MEDIA & ENTERTAINMENT

 

 

 

 

 

59,429

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.7%

 

 

 

 

 

 

10,000,000

 

Amgen, Inc

 

 

2.000

01/15/32

 

8,861

10,875,000

 

Amgen, Inc

 

 

3.000

01/15/52

 

9,198

4,800,000

 

Bristol-Myers Squibb Co

2.350

11/13/40

 

4,051

7,700,000

 

Bristol-Myers Squibb Co

2.550

11/13/50

 

6,392

11,825,000

 

Bristol-Myers Squibb Co

3.700

03/15/52

 

11,884

8,975,000

 

Danaher Corp

 

 

2.800

12/10/51

 

7,626

5,625,000

 

Gilead Sciences, Inc

2.600

10/01/40

 

4,736

15,400,000

 

Gilead Sciences, Inc

2.800

10/01/50

 

12,602

12,550,000

 

Merck & Co, Inc

 

 

2.150

12/10/31

 

11,608

8,800,000

 

Merck & Co, Inc

 

 

2.750

12/10/51

 

7,665

7,000,000

 

PerkinElmer, Inc

 

 

2.250

09/15/31

 

6,187

10,000,000

 

Pfizer, Inc

 

 

1.750

08/18/31

 

8,994

10,375,000

g

Roche Holdings, Inc

1.930

12/13/28

 

9,646

9,175,000

 

Takeda Pharmaceutical Co Ltd

4.400

11/26/23

 

9,401

14,675,000

 

Takeda Pharmaceutical Co Ltd

2.050

03/31/30

 

13,246

8,500,000

 

Takeda Pharmaceutical Co Ltd

3.175

07/09/50

 

7,436

 

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

 

 

 

 

 

139,533

REAL ESTATE - 0.8%

 

 

 

 

 

 

 

 

 

 

5,350,000

 

Alexandria Real Estate Equities, Inc

2.950

03/15/34

 

5,033

13,400,000

 

American Tower Corp

1.500

01/31/28

 

11,840

1,975,000

 

Brandywine Operating Partnership LP

3.950

02/15/23

 

1,988

6,225,000

 

Brandywine Operating Partnership LP

3.950

11/15/27

 

6,233

9,095,000

 

Brixmor Operating Partnership LP

3.900

03/15/27

 

9,170

6,600,000

 

Brixmor Operating Partnership LP

2.250

04/01/28

 

6,027

4,175,000

 

Brixmor Operating Partnership LP

2.500

08/16/31

 

3,688

5,975,000

 

Corporate Office

Properties LP

2.750

04/15/31

 

5,364

2,600,000

 

Duke Realty LP

 

 

2.875

11/15/29

 

2,492

3,500,000

 

Federal Realty Investment Trust

2.750

06/01/23

 

3,489

8,800,000

 

Federal Realty Investment Trust

1.250

02/15/26

 

8,098

1,975,000

g

HAT Holdings I LLC

6.000

04/15/25

 

2,024

10,970,000

g

HAT Holdings I LLC

3.375

06/15/26

 

10,422

10,000,000

g

HAT Holdings I LLC

3.750

09/15/30

 

9,000

5,125,000

e

Healthpeak Properties, Inc

2.125

12/01/28

 

4,713

3,900,000

 

Host Hotels & Resorts LP

2.900

12/15/31

 

3,486

11,075,000

 

Kilroy Realty LP

 

 

3.450

12/15/24

 

11,073

14,360,000

 

Kilroy Realty LP

 

 

2.500

11/15/32

 

12,481

1,211,000

 

Kilroy Realty LP

 

 

2.650

11/15/33

 

1,049

8,550,000

 

National Community Renaissance of California

3.270

12/01/32

 

7,997

16,822,000

 

Regency Centers LP

3.750

06/15/24

 

17,013

8,245,000

e,g

Scentre Group Trust 2

5.125

09/24/80

 

8,091

4,430,000

g

Starwood Property Trust, Inc

4.375

01/15/27

 

4,297

312

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

 

 

RATE & SPREAD

 

RATE

 

DATE

(000)

 

 

$3,150,000

 

Vornado Realty LP

 

 

 

2.150%

 

06/01/26

 

$2,944

 

 

 

 

TOTAL REAL ESTATE

 

 

 

 

 

 

 

158,012

 

RETAILING - 0.1%

 

 

 

 

 

 

 

 

 

 

 

 

4,100,000

 

Advance Auto Parts, Inc

 

 

1.750

10/01/27

 

3,692

8,000,000

e

Amazon.com, Inc

 

 

 

0.250

05/12/23

 

7,877

 

3,100,000

 

AutoNation, Inc

 

 

 

3.850

03/01/32

 

3,001

 

1,834,000

 

Genuine Parts Co

 

 

 

1.875

11/01/30

 

1,586

 

5,525,000

 

Lowe's Cos, Inc

 

 

 

2.800

09/15/41

 

4,732

 

 

 

 

TOTAL RETAILING

 

 

 

 

 

 

 

 

20,888

 

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%

 

 

 

 

 

 

 

 

 

 

7,208,000

g

NXP BV

 

 

 

3.400

05/01/30

 

6,986

 

10,000,000

g

SK Hynix, Inc

 

 

 

2.375

01/19/31

 

8,717

 

 

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

 

 

 

 

 

 

15,703

 

SOFTWARE & SERVICES - 0.3%

 

 

 

 

 

 

 

 

 

 

 

 

3,250,000

 

Autodesk, Inc

 

 

 

2.400

12/15/31

 

2,898

 

9,500,000

 

Automatic Data Processing, Inc

 

1.700

05/15/28

 

8,811

 

10,000,000

 

Automatic Data Processing, Inc

 

1.250

09/01/30

 

8,683

 

7,725,000

e

Mastercard, Inc

 

 

 

1.900

03/15/31

 

7,147

 

7,500,000

 

Visa, Inc

 

 

 

1.900

04/15/27

 

7,207

 

17,000,000

 

Visa, Inc

 

 

 

1.100

02/15/31

 

14,581

 

 

 

 

TOTAL SOFTWARE & SERVICES

 

 

 

 

 

 

49,327

 

TECHNOLOGY HARDWARE & EQUIPMENT - 0.1%

 

 

 

 

 

 

 

 

 

 

14,250,000

 

Apple, Inc

 

 

 

3.000

06/20/27

 

14,414

 

4,750,000

 

HP, Inc

 

 

 

2.650

06/17/31

 

4,250

 

 

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

 

 

 

 

 

 

18,664

 

TELECOMMUNICATION SERVICES - 0.3%

 

 

 

 

 

 

 

 

 

 

 

9,000,000

i

Verizon Communications, Inc

SOFR + 0.790%

1.062

03/20/26

 

8,990

 

14,225,000

 

Verizon Communications, Inc

 

2.550

03/21/31

 

13,216

 

9,825,000

 

Verizon Communications, Inc

 

3.400

03/22/41

 

9,210

 

10,000,000

 

Verizon Communications, Inc

 

3.875

03/01/52

 

10,048

 

10,000,000

e

Vodafone Group plc

 

 

3.250

06/04/81

 

9,225

 

10,000,000

 

Vodafone Group plc

 

 

4.125

06/04/81

 

9,079

 

 

 

 

TOTAL TELECOMMUNICATION SERVICES

 

 

 

 

 

 

59,768

 

TRANSPORTATION - 0.2%

 

 

 

 

 

 

 

 

 

 

 

 

10,000,000

 

Canadian Pacific

Railway

Co

 

1.350

12/02/24

 

9,588

 

6,950,000

 

Canadian Pacific

Railway

Co

 

2.450

12/02/31

 

6,455

 

5,650,000

 

Canadian Pacific

Railway

Co

 

3.000

12/02/41

 

5,083

 

8,785,000

e

Delta Air Lines, Inc

 

 

2.900

10/28/24

 

8,587

 

 

 

 

TOTAL TRANSPORTATION

 

 

 

 

 

 

 

29,713

 

UTILITIES - 4.7%

 

 

 

 

 

 

 

 

 

 

 

 

3,827,000

 

AES Corp

 

 

 

1.375

01/15/26

 

3,519

 

10,875,000

 

AES Corp

 

 

 

2.450

01/15/31

 

9,725

 

14,500,000

g

AES Gener S.A.

 

 

 

6.350

10/07/79

 

14,319

 

8,500,000

 

Algonquin Power & Utilities Corp

 

4.750

01/18/82

 

7,925

 

12,325,000

e

Ameren Illinois Co

 

 

2.900

06/15/51

 

10,720

 

3,605,000

 

Arizona Public Service Co

 

 

3.750

05/15/46

 

3,346

 

4,500,000

 

Atlantic City Electric Co

 

 

2.300

03/15/31

 

4,150

 

14,950,000

 

Avangrid, Inc

 

 

 

3.200

04/15/25

 

14,904

 

13,200,000

 

Avangrid, Inc

 

 

 

3.800

06/01/29

 

13,395

 

10,275,000

 

Avista Corp

 

 

 

4.350

06/01/48

 

10,658

5,900,000

g

Azure Power Solar Energy Pvt Ltd

 

5.650

12/24/24

 

6,032

9,750,000

g

Brooklyn Union Gas Co

 

 

4.273

03/15/48

 

9,510

13,500,000

g

Brooklyn Union Gas Co

 

 

4.487

03/04/49

 

13,573

9,875,000

 

CenterPoint Energy Houston Electric LLC

 

2.350

04/01/31

 

9,167

12,350,000

 

CenterPoint Energy Houston Electric LLC

 

3.350

04/01/51

 

11,760

11,155,000

i

CenterPoint Energy Resources Corp

LIBOR 3 M + 0.500%

1.004

03/02/23

 

11,120

13,675,000

g

Clearway Energy Operating LLC

 

3.750

02/15/31

 

12,787

313

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$3,550,000

 

CMS Energy Corp

 

 

4.750%

 

06/01/50

 

$3,514

3,100,000

 

CMS Energy Corp

 

3.750

12/01/50

2,736

11,300,000

g

Colbun S.A.

 

3.150

01/19/32

10,283

17,500,000

 

Commonwealth Edison Co

 

2.750

09/01/51

14,869

7,525,000

g

Consorcio Transmantaro SA

 

4.700

04/16/34

7,593

13,876,000

 

Consumers Energy Co

 

2.500

05/01/60

10,554

5,619,438

g

Continental Wind LLC

 

6.000

02/28/33

6,213

4,965,769

g

Continuum Energy Levanter Pte Ltd

 

4.500

02/09/27

4,775

7,110,000

 

Dominion Energy, Inc

 

3.600

03/15/27

7,139

8,525,000

 

Dominion Energy, Inc

 

2.250

08/15/31

7,679

8,325,000

 

Dominion Energy, Inc

 

4.350

 

N/A‡

8,051

4,000,000

 

Dominion Energy, Inc (Step Bond)

 

3.071

08/15/24

3,992

14,125,000

 

DTE Electric Co

 

1.900

04/01/28

13,139

9,025,000

 

DTE Electric Co

 

3.250

04/01/51

8,553

5,050,000

e

DTE Electric Co

 

3.650

03/01/52

5,104

10,000,000

 

Duke Energy Florida LLC

 

2.500

12/01/29

9,405

3,000,000

 

Duke Energy Progress LLC

 

3.450

03/15/29

3,006

3,350,000

g

East Ohio Gas Co

 

1.300

06/15/25

3,162

8,850,000

 

Eastern Energy Gas Holdings LLC

 

2.500

11/15/24

8,758

11,625,000

g

EDP Finance BV

 

3.625

07/15/24

11,646

22,750,000

g

Electricite de France S.A.

 

3.625

10/13/25

22,794

11,735,000

 

Essential Utilities, Inc

 

2.704

04/15/30

11,071

9,375,000

 

Essential Utilities, Inc

 

3.351

04/15/50

8,337

12,025,000

 

Evergy, Inc

 

2.550

07/01/26

11,756

2,800,000

 

Eversource Energy

 

0.800

08/15/25

2,576

9,885,000

 

Georgia Power Co

 

3.250

04/01/26

9,918

8,323,425

g

India Cleantech Energy

 

4.700

08/10/26

7,794

9,700,000

 

Interstate Power & Light Co

 

3.500

09/30/49

8,814

24,325,000

g

Korea Hydro & Nuclear Power Co Ltd

 

3.750

07/25/23

24,677

16,441,000

g

Liberty Utilities Finance GP

 

2.050

09/15/30

14,415

5,875,000

 

MidAmerican Energy Co

 

3.100

05/01/27

5,872

1,000,000

 

MidAmerican Energy Co

 

3.950

08/01/47

1,039

3,596,000

 

MidAmerican Energy Co

 

3.150

04/15/50

3,303

4,300,000

g

Narragansett Electric Co

 

3.919

08/01/28

4,353

12,350,000

 

National Fuel Gas Co

 

5.500

01/15/26

13,076

2,250,000

 

National Fuel Gas Co

 

3.950

09/15/27

2,235

3,400,000

 

National Fuel Gas Co

 

4.750

09/01/28

3,415

11,250,000

 

National Fuel Gas Co

 

2.950

03/01/31

10,237

11,250,000

g

New York State Electric & Gas Corp

 

2.150

10/01/31

9,982

3,225,000

g

NextEra Energy Operating Partners LP

 

4.250

07/15/24

3,264

13,559,000

g

Niagara Mohawk Power Corp

 

1.960

06/27/30

12,050

9,732,000

g

Niagara Mohawk Power Corp

 

4.278

10/01/34

9,831

9,750,000

g

Niagara Mohawk Power Corp

 

4.119

11/28/42

9,349

5,250,000

 

Northwest Natural Gas Co

 

3.078

12/01/51

4,435

3,000,000

 

NorthWestern Corp

 

4.176

11/15/44

3,161

6,975,000

 

OGE Energy Corp

 

0.703

05/26/23

6,833

16,250,000

 

PacifiCorp

 

2.900

06/15/52

14,198

1,925,000

g

Pattern Energy Operations LP

 

4.500

08/15/28

1,894

7,113,000

 

Piedmont Natural Gas Co, Inc

 

3.350

06/01/50

6,338

630,000

 

Public Service Co of Colorado

 

4.750

08/15/41

689

5,000,000

 

Public Service Co of Colorado

 

3.200

03/01/50

4,666

2,975,000

 

Public Service Co of New Hampshire

 

3.600

07/01/49

2,879

6,134,000

 

Public Service Electric & Gas Co

 

3.200

08/01/49

5,716

19,475,000

e

Public Service Enterprise Group, Inc

 

0.800

08/15/25

17,957

10,000,000

 

Public Service Enterprise Group, Inc

 

1.600

08/15/30

8,553

10,825,000

 

Puget Energy, Inc

 

4.224

03/15/32

10,847

14,000,000

 

San Diego Gas & Electric Co

 

2.950

08/15/51

12,298

3,280,000

 

SCE Recovery Funding LLC

 

1.977

11/15/28

3,167

7,100,000

 

SCE Recovery Funding LLC

 

2.943

11/15/42

6,811

2,640,000

 

SCE Recovery Funding LLC

 

3.240

11/15/46

2,465

6,900,000

 

Sempra Energy

 

4.875

 

N/A‡

6,934

6,250,000

g

Sociedad de Transmision Austral S.A.

 

4.000

01/27/32

6,060

21,440,724

g

Solar Star Funding LLC

 

3.950

06/30/35

21,655

20,203,794

g

Solar Star Funding LLC

 

5.375

06/30/35

22,240

314

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$5,000,000

 

 

Southern California Edison Co

 

 

3.450%

 

02/01/52

 

$4,492

 

10,000,000

 

 

Southern Power Co

 

4.150

12/01/25

 

10,271

14,825,000

 

 

Southwestern Electric Power Co

 

3.250

11/01/51

 

12,747

5,613,000

 

 

Southwestern Public Service Co

 

3.750

06/15/49

 

5,556

18,650,000

 

 

Southwestern Public Service Co

 

3.150

05/01/50

 

16,697

25,664,220

 

g

Star Energy Geothermal Wayang Windu Ltd

 

6.750

04/24/33

 

27,076

15,750,000

 

g

Sweihan PV Power Co PJSC

 

3.625

01/31/49

 

14,545

18,000,000

 

g

TerraForm Power Operating LLC

 

5.000

01/31/28

 

17,923

18,111,942

 

g

Topaz Solar Farms LLC

 

4.875

09/30/39

 

19,153

10,170,190

 

g

Topaz Solar Farms LLC

 

5.750

09/30/39

 

11,136

9,750,000

 

 

Tucson Electric Power Co

 

1.500

08/01/30

 

8,341

8,421,585

 

g

UEP Penonome II S.A.

 

6.500

10/01/38

 

8,000

15,000,000

 

 

Union Electric Co

 

2.150

03/15/32

 

13,662

8,325,000

 

 

Union Electric Co

 

2.625

03/15/51

 

6,890

6,275,000

 

h

Union Electric Co

 

3.900

04/01/52

 

6,492

1,850,000

 

g

Vistra Corp

 

7.000

 

N/A‡

1,801

 

 

 

TOTAL UTILITIES

 

 

 

 

 

 

881,517

 

 

 

TOTAL CORPORATE BONDS

 

 

 

 

 

 

3,090,126

 

 

 

(Cost $3,268,298)

 

 

 

 

 

 

 

 

GOVERNMENT BONDS - 18.4%

 

 

 

 

 

 

 

 

 

 

AGENCY SECURITIES - 1.6%

 

 

 

 

 

 

 

 

 

 

3,939,000

 

 

Canal Barge Co, Inc

 

4.500

11/12/34

 

4,189

942,789

 

 

DY7 Leasing LLC

 

2.578

12/10/25

 

939

5,700,030

 

 

Ethiopian Leasing LLC

 

2.566

08/14/26

 

5,619

23,000,000

 

 

Federal Home Loan Mortgage Corp (FHLMC)

 

0.375

05/05/23

 

22,642

18,700,000

 

 

FHLMC

 

0.250

08/24/23

 

18,224

13,650,000

 

 

FHLMC

 

0.250

09/08/23

 

13,283

23,636,000

 

 

FHLMC

 

0.250

12/04/23

 

22,878

20,000,000

 

 

Federal National Mortgage Association (FNMA)

 

0.250

07/10/23

 

19,541

8,000,000

 

 

FNMA

 

0.625

04/22/25

 

7,555

18,880,000

 

 

FNMA

 

0.875

08/05/30

 

16,486

5,950,000

 

 

Hashemite Kingdom of Jordan Government AID Bond

 

3.000

06/30/25

 

6,017

3,750,000

 

i

India Government AID Bond

LIBOR 3 M + 0.100%

0.417

02/01/27

 

3,677

3,105,000

 

 

Lutheran Medical Center

 

1.982

02/20/30

 

3,038

15,885,000

 

 

Montefiore Medical Center

 

2.895

04/20/32

 

15,215

12,505,000

 

 

New York Society for the Relief of the Ruptured & Crippled

 

2.881

12/20/31

 

12,260

730,836

 

 

Overseas Private Investment Corp (OPIC)

 

2.040

12/15/26

 

724

11,597,663

 

 

OPIC

 

3.220

09/15/29

 

11,761

5,362,237

 

 

OPIC

 

1.790

10/15/29

 

5,148

16,756,991

 

 

OPIC

 

2.360

10/15/29

 

16,446

1,968,903

 

 

OPIC

 

2.610

04/15/30

 

1,954

2,736,000

 

 

OPIC

 

2.930

05/15/30

 

2,755

4,521,600

 

 

OPIC

 

3.040

05/15/30

 

4,572

9,429,351

 

 

OPIC

 

3.430

06/01/33

 

9,652

937,730

 

 

OPIC

 

2.810

07/31/33

 

928

1,500,368

 

 

OPIC

 

2.940

07/31/33

 

1,496

5,330,866

 

 

OPIC

 

2.450

07/15/38

 

5,127

25,312,000

 

 

Private Export Funding Corp (PEFCO)

 

2.050

11/15/22

 

25,382

4,000,000

 

 

PEFCO

 

3.550

01/15/24

 

4,076

8,000,000

 

 

PEFCO

 

3.250

06/15/25

 

8,127

12,769,815

 

 

Thirax LLC

 

0.968

01/14/33

 

11,420

4,000,000

 

 

Thirax 2 LLC

 

2.320

01/22/34

 

3,813

1,775,000

 

 

United States International Development Finance Corp

 

1.440

04/15/28

 

1,653

1,000,000

 

 

United States International Development Finance Corp

 

1.650

04/15/28

 

941

8,637,977

 

 

United States International Development Finance Corp

 

1.630

07/15/38

 

7,787

2,386,000

 

 

US Department of Housing and Urban Development (HUD)

 

2.910

08/01/23

 

2,391

5,000,000

 

 

HUD

 

3.535

08/01/36

 

5,278

 

 

 

TOTAL AGENCY SECURITIES

 

 

 

 

 

 

302,994

FOREIGN GOVERNMENT BONDS - 2.9%

 

 

 

 

 

 

 

 

 

12,750,000

 

 

African Development Bank

 

0.750

04/03/23

 

12,604

315

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

 

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$11,850,000

g

Arab Petroleum Investments Corp

 

 

1.483%

 

10/06/26

 

$11,099

4,882,000

 

Asian Development Bank

 

1.875

08/10/22

 

4,891

9,500,000

 

Asian Development Bank

 

2.125

03/19/25

 

9,377

6,500,000

 

Asian Development Bank

 

1.750

08/14/26

 

6,284

19,194,000

 

Asian Development Bank

 

3.125

09/26/28

 

19,900

12,500,000

 

Asian Development Bank

 

1.500

03/04/31

 

11,528

 

EUR 7,925,000

g

Banque Ouest Africaine de Developpement

 

2.750

01/22/33

 

8,065

12,400,000

g

BNG Bank NV

 

2.625

02/27/24

 

12,451

 

CLP 9,475,000,000

g

Bonos de la Tesoreria de la Republica en pesos

 

2.300

10/01/28

 

9,659

1,900,000

g

Caisse d'Amortissement de la Dette Sociale

 

0.625

02/18/26

 

1,751

4,750,000

g

Caisse d'Amortissement de la Dette Sociale

 

1.375

01/20/31

 

4,271

7,000,000

g

CDP Financial, Inc

 

1.000

05/26/26

 

6,535

10,075,000

e

Chile Government International Bond

 

3.100

05/07/41

 

8,864

9,500,000

 

Chile Government International Bond

 

3.500

01/25/50

 

8,685

15,000,000

g

Development Bank of Japan, Inc

 

0.500

03/04/24

 

14,438

9,925,000

e,g

Egypt Government International Bond

 

5.250

10/06/25

 

9,543

19,500,000

 

European Bank for Reconstruction & Development

 

1.625

09/27/24

 

19,083

3,750,000

e

European Investment Bank

 

2.375

05/24/27

 

3,723

3,725,000

 

European Investment Bank

 

0.625

10/21/27

 

3,349

11,600,000

e

European Investment Bank

 

1.625

10/09/29

 

10,926

7,500,000

 

European Investment Bank

 

0.750

09/23/30

 

6,551

2,000,000

 

European Investment Bank

 

4.875

02/15/36

 

2,510

1,925,000

g

Guatemala Government International Bond

 

5.375

04/24/32

 

2,012

11,000,000

 

International Bank for Reconstruction & Development

 

0.625

04/22/25

 

10,376

14,750,000

 

International Bank for Reconstruction & Development

 

3.125

11/20/25

 

15,001

20,150,000

 

International Bank for Reconstruction & Development

 

0.000

03/31/27

 

19,016

27,150,000

g

International Development Association

 

2.750

04/24/23

 

27,362

6,750,000

 

International Finance Corp

 

2.000

10/24/22

 

6,779

7,375,000

 

International Finance Corp

 

0.500

03/20/23

 

7,280

33,500,000

e

International Finance Corp

 

2.125

04/07/26

 

32,989

8,750,000

 

Japan International Cooperation Agency

 

1.750

04/28/31

 

8,019

12,500,000

g

Kommunalbanken AS.

 

2.125

02/11/25

 

12,341

8,750,000

i

Korea Development Bank International Bond

LIBOR 3 M + 0.725%

0.941

07/06/22

 

8,761

10,100,000

g

Korea Electric Power Corp

 

1.125

06/15/25

 

9,477

9,200,000

i

Kreditanstalt fuer Wiederaufbau

SOFR + 1.000%

1.176

02/12/24

 

9,346

11,250,000

 

Kreditanstalt fuer Wiederaufbau

 

0.250

03/08/24

 

10,805

9,537,000

 

Kreditanstalt fuer Wiederaufbau

 

1.000

10/01/26

 

8,928

13,000,000

 

Landwirtschaftliche Rentenbank

 

0.875

09/03/30

 

11,443

18,250,000

e,g

Nederlandse Waterschapsbank NV

 

1.750

01/15/25

 

17,842

19,000,000

g

Nederlandse Waterschapsbank NV

 

2.375

03/24/26

 

18,761

22,800,000

g

Perusahaan Penerbit SBSN Indonesia III

 

3.750

03/01/23

 

23,085

10,500,000

g

Perusahaan Penerbit SBSN Indonesia III

 

3.900

08/20/24

 

10,820

10,690,000

 

Peruvian Government International Bond

 

3.000

01/15/34

 

9,965

12,700,000

 

Province of Manitoba Canada

 

3.050

05/14/24

 

12,836

10,000,000

e

Province of Quebec Canada

 

2.750

04/12/27

 

10,024

5,000,000

 

Province of Quebec Canada

 

7.500

09/15/29

 

6,537

15,250,000

e

Province of Quebec Canada

 

1.900

04/21/31

 

14,251

10,000,000

 

Republic of Italy Government International Bond

 

2.875

10/17/29

 

9,426

7,750,000

 

Republic of Italy Government International Bond

 

4.000

10/17/49

 

7,436

 

 

 

TOTAL FOREIGN GOVERNMENT BONDS

 

 

 

 

 

 

547,005

MORTGAGE BACKED - 6.5%

 

 

 

 

 

 

 

 

 

2,115,000

g,i

Angel Oak Mortgage Trust

 

2.837

11/25/66

 

1,974

5,780,000

g,i

Connecticut Avenue Securities Trust

 

1.999

12/25/41

 

5,512

3,000,000

g,i

Connecticut Avenue Securities Trust

 

4.599

01/25/42

 

2,831

110,590

 

Federal Home Loan Mortgage Corp (FHLMC)

 

4.000

06/01/42

 

115

1,150,096

i

FHLMC

LIBOR 1 M + 5.920%

5.523

03/15/44

 

160

3,580,241

 

FHLMC

 

4.000

10/01/47

 

3,714

2,098,584

 

FHLMC

 

4.000

06/01/48

 

2,172

3,773,284

i

FHLMC

LIBOR 1 M + 9.920%

9.285

06/15/48

 

4,167

3,536,650

 

FHLMC

 

4.000

07/01/48

 

3,667

2,614,409

i

FHLMC

LIBOR 1 M + 9.840%

9.205

10/15/48

 

2,821

10,039,924

 

FHLMC

 

3.000

11/01/49

 

9,883

10,042,706

 

FHLMC

 

2.000

09/25/50

 

1,163

316

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$13,660,029

 

FHLMC

 

 

2.500%

 

11/25/50

 

$2,291

 

18,373,747

 

FHLMC

 

2.500

02/25/51

3,205

13,265,716

 

FHLMC

 

3.000

11/01/51

13,130

1,561,860

 

FHLMC

 

3.000

11/01/51

1,541

1,412,228

 

FHLMC

 

3.000

11/01/51

1,404

1,875,856

 

FHLMC

 

3.000

11/01/51

1,857

20,236,890

h

FHLMC

 

2.000

02/01/52

18,827

24,468,664

h

FHLMC

 

2.500

02/01/52

23,388

17,314,353

h

FHLMC

 

2.500

03/01/52

16,576

22,691,801

h

FHLMC

 

2.500

03/01/52

21,684

298

 

Federal Home Loan Mortgage Corp Gold (FGLMC)

 

7.000

05/01/23

0^

4,323

 

FGLMC

 

8.000

01/01/31

4

123,180

 

FGLMC

 

4.500

07/01/33

131

894,549

 

FGLMC

 

7.000

12/01/33

976

254,107

 

FGLMC

 

7.000

05/01/35

275

577,445

 

FGLMC

 

5.000

06/01/36

625

165,509

 

FGLMC

 

5.000

07/01/39

179

289,795

 

FGLMC

 

4.500

10/01/44

307

375,774

 

FGLMC

 

4.500

11/01/44

400

488,179

 

FGLMC

 

4.500

11/01/44

516

267,625

 

FGLMC

 

4.500

12/01/44

280

409,395

 

FGLMC

 

4.500

12/01/44

436

1,223,205

 

FGLMC

 

3.500

04/01/45

1,248

4,954,214

 

FGLMC

 

3.500

10/01/45

5,053

4,512,954

 

FGLMC

 

4.000

12/01/45

4,724

15,770,904

 

FGLMC

 

3.500

08/01/46

16,078

617,132

 

FGLMC

 

4.500

06/01/47

658

1,464,583

 

FGLMC

 

4.000

09/01/47

1,529

933,282

 

FGLMC

 

3.500

12/01/47

949

1,312,097

 

FGLMC

 

4.000

07/01/48

1,361

4,046,528

 

FGLMC

 

4.500

08/01/48

4,270

3,257

 

Federal National Mortgage Association (FNMA)

 

8.000

07/01/24

3

16,637,887

i

FNMA

 

2.800

02/25/27

16,775

3,211,666

i

FNMA

 

3.324

06/25/28

3,313

15,250,000

i

FNMA

 

1.510

11/25/30

13,658

15,500,000

i

FNMA

 

1.250

01/25/31

13,577

1,300,954

 

FNMA

 

3.500

05/01/32

1,338

1,498,355

 

FNMA

 

3.000

10/01/32

1,514

1,445,946

 

FNMA

 

5.000

05/01/35

1,562

963,681

 

FNMA

 

5.000

10/01/35

1,042

716,119

 

FNMA

 

5.000

02/01/36

775

50,750,000

h

FNMA

 

2.000

04/25/37

49,289

23,755,000

h

FNMA

 

2.500

04/25/37

23,476

15,540,000

h

FNMA

 

3.000

04/25/37

15,647

1,360,727

 

FNMA

 

5.500

11/01/38

1,501

177,692

 

FNMA

 

3.000

05/01/40

176

586,323

 

FNMA

 

5.000

09/01/40

634

1,258,762

 

FNMA

 

5.000

05/01/41

1,362

15,463,557

 

FNMA

 

2.000

03/01/42

14,450

900,311

 

FNMA

 

4.000

09/01/42

936

1,861,273

i

FNMA

LIBOR 1 M + 5.950%

5.493

09/25/43

295

418,345

 

FNMA

 

4.000

01/01/44

437

1,458,923

 

FNMA

 

4.500

03/01/44

1,558

329,961

 

FNMA

 

4.500

06/01/44

351

4,379,050

 

FNMA

 

4.500

06/01/44

4,657

1,027,002

 

FNMA

 

4.500

08/01/44

1,093

2,484,191

 

FNMA

 

4.500

10/01/44

2,641

4,478,917

 

FNMA

 

4.500

11/01/44

4,750

837,347

 

FNMA

 

5.000

11/01/44

906

1,181,029

 

FNMA

 

4.500

12/01/44

1,253

486,799

 

FNMA

 

4.000

01/01/45

507

213,706

 

FNMA

 

4.500

03/01/45

226

309,429

 

FNMA

 

4.500

04/01/45

329

2,436,476

 

FNMA

 

3.500

05/01/45

2,480

317

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$1,245,541

 

FNMA

 

 

4.000%

 

12/01/45

 

$1,299

3,507,712

 

FNMA

 

3.500

01/01/46

3,573

4,186,055

 

FNMA

 

4.000

01/01/46

4,368

724,451

 

FNMA

 

4.000

04/01/46

756

4,044,291

 

FNMA

 

3.500

06/01/46

4,116

2,574,242

 

FNMA

 

3.500

07/01/46

2,622

4,454,768

 

FNMA

 

3.500

07/01/46

4,544

1,186,520

 

FNMA

 

3.500

08/01/46

1,208

359,047

 

FNMA

 

3.000

10/01/46

349

3,278,366

 

FNMA

 

3.500

10/01/46

3,335

6,120,315

 

FNMA

 

3.500

01/01/47

6,204

1,365,403

 

FNMA

 

4.500

05/01/47

1,452

2,704,473

 

FNMA

 

4.000

09/01/47

2,790

893,973

 

FNMA

 

4.000

09/01/47

921

2,199,030

 

FNMA

 

4.000

10/01/47

2,260

277,643

 

FNMA

 

3.500

11/01/47

283

353,457

 

FNMA

 

4.500

11/01/47

372

2,974,780

 

FNMA

 

4.000

12/01/47

3,079

7,275,723

 

FNMA

 

4.000

12/01/47

7,500

3,635,956

 

FNMA

 

3.500

01/01/48

3,671

2,403,646

 

FNMA

 

4.500

01/01/48

2,534

2,031,127

 

FNMA

 

4.500

02/01/48

2,142

2,223,769

 

FNMA

 

4.000

03/01/48

2,306

8,146,441

 

FNMA

 

4.500

03/01/48

8,589

2,192,848

 

FNMA

 

4.000

04/01/48

2,242

1,690,185

 

FNMA

 

4.500

05/01/48

1,782

1,334,103

 

FNMA

 

4.500

05/01/48

1,407

3,181,684

 

FNMA

 

5.000

08/01/48

3,409

14,505,380

 

FNMA

 

3.000

07/01/50

14,282

6,084,308

 

FNMA

 

2.000

08/25/50

800

15,940,151

 

FNMA

 

2.500

11/25/50

2,318

4,464,942

 

FNMA

 

3.000

02/25/51

808

40,768,292

 

FNMA

 

2.000

04/01/51

37,940

4,999,685

 

FNMA

 

3.000

09/01/51

4,928

5,411,776

 

FNMA

 

2.500

11/25/51

779

24,464,115

h

FNMA

 

2.000

12/01/51

22,743

24,503,435

h

FNMA

 

2.500

01/01/52

23,415

19,181,787

h

FNMA

 

2.000

02/01/52

17,845

14,810,186

h

FNMA

 

2.500

02/01/52

14,179

32,557,276

h

FNMA

 

2.500

02/01/52

31,112

25,679,757

h

FNMA

 

2.500

02/01/52

24,562

15,527,339

h

FNMA

 

2.500

02/01/52

14,835

1,412,855

 

FNMA

 

3.000

02/01/52

1,384

5,386,464

 

FNMA

 

3.500

02/01/52

5,450

17,779,323

h

FNMA

 

2.000

03/01/52

16,530

18,795,780

h

FNMA

 

2.000

03/01/52

17,475

1,195,099

 

FNMA

 

3.000

03/01/52

1,170

17,370,000

h

FNMA

 

2.500

04/01/52

16,599

35,065,000

h

FNMA

 

2.000

04/25/52

32,549

15,490,000

h

FNMA

 

2.500

04/25/52

14,778

106,437,000

h

FNMA

 

3.000

04/25/52

104,109

5,900,000

h

FNMA

 

3.500

04/25/52

5,910

15,000,000

h

FNMA

 

4.000

04/25/52

15,309

14,550,000

h

FNMA

 

3.500

05/25/52

14,525

2,075,000

g,i

Freddie Mac STACR REMIC Trust

 

3.499

10/25/41

1,914

2,490,000

g,i

Freddie Mac STACR REMIC Trust

 

3.550

03/25/42

2,535

920,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

2.399

08/25/33

907

3,530,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

3.700

11/25/41

3,342

14,000,000

g,i

Freddie Mac Structured Agency Credit Risk Debt Notes

 

2.499

02/25/42

13,622

2,613,146

 

Government National Mortgage Association (GNMA)

 

2.580

08/15/25

2,630

8,708,497

 

GNMA

 

2.690

06/15/33

8,749

7,200,932

 

GNMA

 

3.700

10/15/33

7,274

65,496

 

GNMA

 

5.000

04/15/38

71

132,202

 

GNMA

 

6.500

11/20/38

147

318

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$7,309,581

 

GNMA

 

 

3.700%

 

08/15/40

 

$7,355

 

11,747,140

 

GNMA

 

2.750

01/15/45

11,889

1,822,746

 

GNMA

 

4.500

12/20/45

1,961

1,698,414

 

GNMA

 

4.000

06/20/46

214

5,258,364

 

GNMA

 

3.500

12/20/46

5,341

3,588,536

 

GNMA

 

3.500

01/20/47

3,647

1,957,174

 

GNMA

 

3.500

10/20/50

1,978

6,212,437

 

GNMA

 

3.000

07/20/51

6,142

43,165,000

h

GNMA

 

2.000

04/20/52

41,061

92,225,000

h

GNMA

 

2.500

04/20/52

89,447

71,952,000

h

GNMA

 

3.000

04/20/52

71,106

4,981,335

g,i

GS Mortgage-Backed Securities Trust

 

2.500

03/25/52

4,544

3,324,949

g,i

GS Mortgage-Backed Securities Trust

 

2.500

03/25/52

3,171

3,176,579

g,i

GS Mortgage-Backed Securities Trust

 

2.500

05/01/52

3,049

6,684,842

g,i

JP Morgan Mortgage Trust

 

2.500

07/25/52

6,123

10,880,274

g,i

JP Morgan Mortgage Trust

 

3.250

07/25/52

10,432

10,863,000

g,i

JP Morgan Mortgage Trust

 

3.000

08/25/52

10,150

4,926,998

g,i

RCKT Mortgage Trust

 

2.500

09/25/51

4,509

7,578,233

g,i

RCKT Mortgage Trust

 

2.500

02/25/52

 

6,922

 

 

TOTAL MORTGAGE BACKED

 

 

 

 

 

1,230,271

MUNICIPAL BONDS - 3.1%

 

 

 

 

 

 

 

 

 

 

4,500,000

g

Basin Electric Power Coop

 

6.127

06/01/41

5,647

1,170,000

 

Brunswick & Glynn County Development Authority

 

3.060

04/01/25

1,173

3,000,000

 

California Earthquake Authority

 

1.477

07/01/23

2,972

915,000

h

California Health Facilities Financing Authority

 

4.353

06/01/41

931

675,000

g

California Municipal Finance Authority

 

4.250

11/01/23

672

455,000

 

California Municipal Finance Authority

 

2.138

08/15/27

429

350,000

 

California Municipal Finance Authority

 

2.288

08/15/28

327

500,000

 

California Municipal Finance Authority

 

3.694

08/15/56

438

16,250,000

 

Chicago Housing Authority

 

4.361

01/01/38

17,884

11,645,000

 

Chicago Metropolitan Water Reclamation District-Greater

 

5.720

12/01/38

14,402

 

 

Chicago

 

 

 

 

 

 

 

 

3,035,000

 

City & County of Honolulu HI

 

2.668

10/01/27

2,988

5,645,000

 

City & County of Honolulu HI

 

3.974

09/01/35

5,780

1,615,000

 

City & County of Honolulu HI

 

4.004

09/01/36

1,653

7,085,000

 

City & County of San Francisco CA

 

4.000

04/01/47

7,340

5,500,000

 

City & County of San Francisco CA Community Facilities District

 

4.000

09/01/48

5,451

5,465,000

 

City & County of San Francisco CA Community Facilities District

 

3.482

09/01/50

5,016

350,000

 

City & County of San Francisco CA Community Facilities District

 

3.091

09/01/36

323

 

 

No 2014-

 

 

 

 

 

 

 

 

5,395,000

 

City of Chicago IL

 

7.750

01/01/42

6,102

1,105,000

 

City of Chicago IL

 

7.750

01/01/42

1,215

1,250,000

 

City of Florence SC

 

4.250

12/01/34

1,281

1,000,000

 

City of Houston TX Combined Utility System Revenue

 

3.375

11/15/24

1,015

1,275,000

 

City of Houston TX Combined Utility System Revenue

 

4.172

11/15/38

1,353

7,500,000

 

City of Los Angeles CA

 

3.880

09/01/38

7,658

5,850,000

 

City of Los Angeles Department of Airports Customer Facility

 

4.242

05/15/48

5,770

 

 

Charge Revenue

 

 

 

 

 

 

 

 

1,780,000

g

City of Miami FL

 

4.808

01/01/39

1,882

3,665,000

 

City of Norfolk VA

 

3.050

10/01/36

3,534

4,835,000

 

City of Oakland CA

 

2.070

01/15/29

4,613

3,345,000

 

City of San Francisco CA Public Utilities Commission Water

 

3.000

11/01/26

3,354

 

 

Revenue

 

 

 

 

 

 

 

 

3,725,000

 

City of San Francisco CA Public Utilities Commission Water

 

3.950

11/01/36

3,831

 

 

Revenue

 

 

 

 

 

 

 

 

8,615,000

 

City of San Francisco CA Public Utilities Commission Water

 

3.303

11/01/39

8,175

 

 

Revenue

 

 

 

 

 

 

 

 

23,050,000

 

City of San Francisco CA Public Utilities Commission Water

 

2.825

11/01/41

20,243

 

 

Revenue

 

 

 

 

 

 

 

 

18,500,000

 

City of San Francisco CA Public Utilities Commission Water

 

4.185

11/01/46

18,852

 

 

Revenue

 

 

 

 

 

 

 

 

1,000,000

 

City of San Juan Capistrano CA

 

3.700

08/01/31

1,045

5,255,000

 

City of Seattle WA Local Improvement District No 6751

 

2.999

11/01/43

4,989

5,235,000

 

City of Seattle WA Local Improvement District No 6751

 

3.079

11/01/43

4,955

319

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$2,730,000

 

Commonwealth Financing Authority

 

 

3.864%

 

06/01/38

 

$2,826

11,650,000

i

Connecticut Housing Finance Authority

SOFR + 0.650%

0.930

05/15/49

11,653

7,650,000

 

County of Alameda CA

 

3.820

08/01/38

7,812

1,500,000

 

County of Miami-Dade FL Aviation Revenue

 

2.218

10/01/22

1,506

12,015,000

 

County of Miami-Dade FL Water & Sewer System Revenue

 

3.490

10/01/42

11,870

235,000

 

County of Saline AR

 

3.550

06/01/42

237

3,500,000

 

District of Columbia

 

3.432

04/01/42

3,352

15,000,000

 

District of Columbia Water & Sewer Authority

 

4.814

10/01/14

16,853

1,075,000

g

Florida Development Finance Corp

 

6.750

12/01/56

1,043

1,000,000

 

Grant County Public Utility District No 2

 

5.470

01/01/34

1,041

1,250,000

 

Grant County Public Utility District No 2

 

4.164

01/01/35

1,329

22,445,000

 

Grant County Public Utility District No 2

 

2.918

01/01/40

20,353

9,255,000

 

Grant County Public Utility District No 2

 

3.210

01/01/40

8,696

3,230,000

 

Great Lakes Water Authority Sewage Disposal System Revenue

 

3.056

07/01/39

3,034

16,915,000

 

Great Lakes Water Authority Water Supply System Revenue

 

3.473

07/01/41

16,514

1,100,000

 

Guadalupe Valley Electric Coop, Inc

 

5.671

10/01/32

1,250

410,000

 

Guadalupe-Blanco River Authority Industrial Development Corp

 

3.287

04/15/23

414

640,000

 

Henry County Water Authority

 

3.000

01/01/43

573

850,000

 

Henry County Water Authority

 

3.200

01/01/49

767

1,000,000

 

Honolulu City & County Board of Water Supply

 

2.327

07/01/32

911

2,000,000

 

Kern County Water Agency Improvement District No 4

 

4.276

05/01/36

2,182

6,430,000

 

Lavaca-Navidad River Authority

 

4.430

08/01/35

6,605

8,655,000

 

Los Angeles Community College District

 

2.106

08/01/32

7,784

1,025,000

 

Maine State Housing Authority

 

2.331

11/15/30

969

2,590,000

 

Maryland Community Development Administration Housing

 

3.797

03/01/39

2,626

 

 

Revenue

 

 

 

 

 

 

 

3,000,000

 

Massachusetts Clean Energy Cooperative Corp

 

2.020

07/01/28

2,824

3,000,000

 

Massachusetts Clean Energy Cooperative Corp

 

2.485

07/01/32

2,813

4,595,000

 

Massachusetts St. Water Pollution Abatement

 

5.192

08/01/40

5,009

10,735,000

 

Metropolitan Transportation Authority

 

5.175

11/15/49

12,283

2,000,000

 

Michigan Finance Authority

 

5.000

07/01/31

2,119

7,400,000

 

New Jersey Economic Development Authority

 

5.706

06/15/30

8,534

3,000,000

 

New Jersey Economic Development Authority

 

5.756

06/15/31

3,514

3,375,000

 

New Mexico Finance Authority

 

4.090

06/15/38

3,527

4,065,000

 

New York City Housing Development Corp

 

3.119

08/01/38

3,885

2,500,000

 

New York City Housing Development Corp

 

3.720

11/01/39

2,512

1,225,000

 

New York State Environmental Facilities Corp

 

3.195

06/15/25

1,245

2,120,000

 

New York State Environmental Facilities Corp

 

3.520

07/15/27

2,198

17,500,000

 

New York Transportation Development Corp

 

5.000

01/01/26

18,828

11,245,000

 

Ohio State Water Development Authority

 

4.879

12/01/34

12,361

13,250,000

†,g,q

Oregon State Business Development Commission

 

6.500

04/01/31

967

3,470,000

†,g

Oregon State Business Development Commission

 

0.000

04/01/37

253

2,500,000

 

Palm Beach County Solid Waste Authority

 

2.636

10/01/24

2,502

4,615,000

 

Papio-Missouri River Natural Resource District

 

2.088

12/15/24

4,578

4,500,000

 

Pend Oreille County Public Utility District No Box Canyon

 

5.000

01/01/30

4,515

7,250,000

g

Pennsylvania Economic Development Financing Authority

 

10.000

12/01/29

7,075

1,170,000

h

Pharr Economic Development Corp

 

3.513

08/15/30

1,167

1,140,000

h

Pharr Economic Development Corp

 

3.893

08/15/33

1,144

1,735,000

g,q

Public Finance Authority

 

9.000

06/01/29

1,733

1,250,000

 

Redevelopment Authority of the City of Philadelphia

 

1.927

09/01/27

1,168

1,710,000

 

Redevelopment Authority of the City of Philadelphia

 

3.172

09/01/41

1,571

2,000,000

 

San Francisco City & County Redevelopment Agency

 

4.375

08/01/44

2,045

3,870,000

 

Semitropic Improvement District of the Semitropic Water

 

3.293

12/01/35

3,713

 

 

Storage District

 

 

 

 

 

 

 

36,330,000

 

State of California

 

3.750

10/01/37

37,282

11,565,000

 

State of California

 

4.600

04/01/38

12,652

10,050,000

 

State of California

 

4.988

04/01/39

10,426

9,000,000

 

State of Illinois

 

5.520

04/01/38

9,741

4,405,000

 

State of Michigan

 

3.590

12/01/26

4,445

2,500,000

 

State of Ohio

 

5.412

09/01/28

2,862

3,370,000

 

State of Texas

 

3.726

08/01/43

3,437

3,000

 

State of Wisconsin

 

5.700

05/01/26

3

1,650,000

g

Syracuse Industrial Development Agency

 

5.000

01/01/36

1,243

2,280,000

 

Tampa Bay Water

 

2.612

10/01/25

2,274

320

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$3,225,000

 

 

Tampa Bay Water

 

 

2.782%

 

10/01/26

 

$3,233

 

3,000,000

 

 

Tampa Bay Water

 

2.952

10/01/27

 

3,022

1,255,000

 

 

Texas Water Development Board

 

4.248

10/15/35

 

1,329

5,880,000

 

 

Texas Water Development Board

 

4.340

10/15/48

 

6,337

4,170,000

 

 

Texas Water Development Board

 

4.648

04/15/50

 

4,407

5,000,000

 

 

Tuolumne Wind Project Authority

 

6.918

01/01/34

 

6,304

3,035,000

 

 

University of California

 

3.809

05/15/28

 

3,137

11,400,000

 

 

University of California

 

4.009

05/15/30

 

11,963

1,000,000

 

 

University of Cincinnati

 

3.250

06/01/29

 

1,023

1,560,000

 

 

University of Cincinnati

 

3.650

06/01/34

 

1,604

1,615,000

 

 

University of Cincinnati

 

3.700

06/01/35

 

1,662

18,000,000

 

 

University of New Mexico

 

3.532

06/20/32

 

18,578

500,000

 

 

Upper Allegheny Joint Sanitary Authority

 

3.550

09/01/39

 

495

1,500,000

 

 

Upper Allegheny Joint Sanitary Authority

 

3.800

09/01/49

 

1,477

5,000,000

 

 

Vermont Educational & Health Buildings Financing Agency

 

4.000

12/01/42

 

5,225

3,000,000

 

 

Vermont Educational & Health Buildings Financing Agency

 

4.000

12/01/46

 

3,127

1,000,000

 

 

Washington County Clean Water Services

 

5.078

10/01/24

 

1,061

 

 

 

TOTAL MUNICIPAL BONDS

 

 

 

 

 

 

577,925

U.S. TREASURY SECURITIES - 4.3%

 

 

 

 

 

 

 

 

 

 

6,000,000

 

 

United States Treasury Bond

 

3.125

02/15/43

 

6,457

35,830,000

 

 

United States Treasury Bond

 

2.875

11/15/46

 

37,670

2,500,000

 

 

United States Treasury Bond

 

3.000

02/15/49

 

2,748

9,350,000

 

 

United States Treasury Note

 

0.125

05/31/22

 

9,346

4,150,000

 

 

United States Treasury Note

 

2.000

07/31/22

 

4,167

4,500,000

 

 

United States Treasury Note

 

1.750

09/30/22

 

4,515

21,821,000

 

 

United States Treasury Note

 

0.125

10/31/22

 

21,686

10,350,000

 

 

United States Treasury Note

 

0.125

12/31/22

 

10,250

19,250,000

 

 

United States Treasury Note

 

0.125

03/31/23

 

18,950

3,780,000

 

 

United States Treasury Note

 

0.250

09/30/23

 

3,675

31,765,000

 

 

United States Treasury Note

 

2.875

09/30/23

 

32,119

6,100,000

 

 

United States Treasury Note

 

2.625

12/31/23

 

6,139

24,350,000

 

 

United States Treasury Note

 

1.500

02/29/24

 

23,995

1,525,000

 

 

United States Treasury Note

 

2.250

10/31/24

 

1,516

25,728,000

 

 

United States Treasury Note

 

1.750

03/15/25

 

25,183

18,842,000

 

 

United States Treasury Note

 

2.500

02/28/26

 

18,815

156,368,000

 

 

United States Treasury Note

 

1.875

02/28/27

 

152,178

15,031,000

 

 

United States Treasury Note

 

0.500

10/31/27

 

13,494

35,275,000

 

 

United States Treasury Note

 

0.625

11/30/27

 

31,847

28,250,000

 

 

United States Treasury Note

 

1.125

08/31/28

 

26,028

26,640,000

 

 

United States Treasury Note

 

1.875

02/28/29

 

25,716

132,156,000

 

 

United States Treasury Note

 

1.875

02/15/32

 

126,911

14,508,000

 

 

United States Treasury Note

 

1.875

02/15/41

 

12,918

4,700,000

 

 

United States Treasury Note

 

2.250

05/15/41

 

4,437

123,325,800

 

 

United States Treasury Note

 

2.250

02/15/42

 

118,952

82,041,000

 

 

United States Treasury Note

 

1.875

11/15/51

 

71,965

2,500,000

 

 

United States Treasury Note

 

2.250

02/15/52

 

2,398

 

 

 

TOTAL U.S. TREASURY SECURITIES

 

 

 

 

 

 

814,075

 

 

 

TOTAL GOVERNMENT BONDS

 

 

 

 

 

 

3,472,270

 

 

 

(Cost $3,552,243)

 

 

 

 

 

 

 

 

STRUCTURED ASSETS - 4.4%

 

 

 

 

 

 

 

 

 

 

ASSET BACKED - 1.5%

 

 

 

 

 

 

 

 

 

 

99,904

 

g

AMSR Trust

 

1.819

04/17/37

 

95

 

 

 

Series - 2020 SFR1 (Class A)

 

 

 

 

 

 

 

 

900,000

 

g

AMSR Trust

 

3.148

01/19/39

 

862

 

 

 

Series - 2019 SFR1 (Class C)

 

 

 

 

 

 

 

 

800,000

 

g

AMSR Trust

 

3.247

01/19/39

 

758

 

 

 

Series - 2019 SFR1 (Class D)

 

 

 

 

 

 

 

 

1,135,787

 

g,i

AREIT Trust

LIBOR 1 M + 1.134%

1.184

09/14/36

 

1,132

 

 

 

Series - 2019 CRE3 (Class A)

 

 

 

 

 

 

 

 

321

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$4,500,000

g,i

BFLD Trust

LIBOR 1 M + 2.100%

 

2.497%

 

10/15/35

 

$4,444

 

 

Series - 2020 EYP (Class C)

 

 

 

 

 

 

 

294,763

i

C-BASS Trust

LIBOR 1 M + 0.160%

0.617

07/25/36

286

 

 

Series - 2006 CB6 (Class A1)

 

 

 

 

 

 

 

3,111,178

i

Chase Funding Loan Acquisition Trust

LIBOR 1 M + 0.855%

1.312

06/25/34

3,001

 

 

Series - 2004 OPT1 (Class M1)

 

 

 

 

 

 

 

166,077

g

Corevest American Finance Trust

 

1.832

03/15/50

159

 

 

Series - 2020 1 (Class A1)

 

 

 

 

 

 

 

1,413,396

 

Delta Air Lines Pass Through Trust

 

4.250

07/30/23

1,416

 

 

Series - 2015 1 (Class B)

 

 

 

 

 

 

 

7,150,000

 

Delta Air Lines Pass Through Trust

 

3.204

04/25/24

7,156

 

 

Series - 2019 1 (Class AA)

 

 

 

 

 

 

 

4,551,546

 

Delta Air Lines Pass Through Trust

 

2.000

06/10/28

4,147

 

 

Series - 2020 1 (Class AA)

 

 

 

 

 

 

 

19,707,132

 

Delta Air Lines Pass Through Trust

 

2.500

06/10/28

18,293

 

 

Series - 2020 1 (Class A)

 

 

 

 

 

 

 

147,545

g,i

Ellington Loan Acquisition Trust

LIBOR 1 M + 1.100%

1.557

05/25/37

147

 

 

Series - 2007 2 (Class A2C)

 

 

 

 

 

 

 

3,781,646

g

GoodLeap Sustainable Home Solutions Trust

 

2.100

05/20/48

3,484

 

 

Series - 2021 3CS (Class A)

 

 

 

 

 

 

 

4,088,936

g

GoodLeap Sustainable Home Solutions Trust

 

1.930

07/20/48

3,702

 

 

Series - 2021 4GS (Class A)

 

 

 

 

 

 

 

14,750,051

g

GoodLeap Sustainable Home Solutions Trust

 

2.310

10/20/48

13,509

 

 

Series - 2021 5CS (Class A)

 

 

 

 

 

 

 

5,157,770

g

GoodLeap Sustainable Home Solutions Trust

 

2.700

01/20/49

4,823

 

 

Series - 2022 1GS (Class A)

 

 

 

 

 

 

 

3,396,863

g

GoodLeap Sustainable Home Solutions Trust

 

2.940

01/20/49

3,183

 

 

Series - 2022 1GS (Class B)

 

 

 

 

 

 

 

8,297,000

g

Grace Trust

 

2.347

12/10/40

7,479

 

 

Series - 2020 GRCE (Class A)

 

 

 

 

 

 

 

3,019,548

g

HERO Funding Trust

 

3.840

09/21/40

3,036

 

 

Series - 2015 1A (Class A)

 

 

 

 

 

 

 

816,927

g

HERO Funding Trust

 

3.990

09/21/40

820

 

 

Series - 2014 2A (Class A)

 

 

 

 

 

 

 

1,489,960

g

HERO Funding Trust

 

3.750

09/20/41

1,484

 

 

Series - 2016 2A (Class A)

 

 

 

 

 

 

 

1,392,736

g

HERO Funding Trust

 

4.050

09/20/41

1,399

 

 

Series - 2016 1A (Class A)

 

 

 

 

 

 

 

531,961

g

HERO Funding Trust

 

3.080

09/20/42

525

 

 

Series - 2016 3A (Class A1)

 

 

 

 

 

 

 

3,993,407

g

HERO Funding Trust

 

3.710

09/20/47

3,976

 

 

Series - 2017 1A (Class A1)

 

 

 

 

 

 

 

3,993,534

g

HERO Funding Trust

 

3.190

09/20/48

3,928

 

 

Series - 2017 3A (Class A1)

 

 

 

 

 

 

 

937,135

g

HERO Funding Trust

 

3.280

09/20/48

924

 

 

Series - 2017 2A (Class A1)

 

 

 

 

 

 

 

4,336,210

g

HERO Funding Trust

 

4.670

09/20/48

4,379

 

 

Series - 2018 1A (Class A2)

 

 

 

 

 

 

 

3,251,912

g

HERO Funding Trust

 

2.240

09/20/51

3,033

 

 

Series - 2021 1A (Class A)

 

 

 

 

 

 

 

18,444

i

Home Equity Asset Trust

LIBOR 1 M + 1.500%

3.986

06/25/33

18

 

 

Series - 2003 1 (Class M1)

 

 

 

 

 

 

 

599,972

g,i

Invitation Homes Trust

LIBOR 1 M + 1.250%

1.691

01/17/38

600

 

 

Series - 2018 SFR4 (Class B)

 

 

 

 

 

 

 

3,829,660

g

Loanpal Solar Loan Ltd

 

2.290

01/20/48

3,499

 

 

Series - 2021 1GS (Class A)

 

 

 

 

 

 

 

6,420,580

g

Loanpal Solar Loan Ltd

 

2.220

03/20/48

5,951

 

 

Series - 2021 2GS (Class A)

 

 

 

 

 

 

 

2,393,640

†,g

Mosaic Solar Loan Trust

 

0.000

04/20/46

2,082

 

 

Series - 2020 1A (Class R)

 

 

 

 

 

 

 

1,674,674

g

Mosaic Solar Loan Trust

 

2.100

04/20/46

1,582

 

 

Series - 2020 1A (Class A)

 

 

 

 

 

 

 

2,317,629

g

Mosaic Solar Loan Trust

 

3.100

04/20/46

2,222

 

 

Series - 2020 1A (Class B)

 

 

 

 

 

 

 

322

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$2,640,038

g

Mosaic Solar Loan Trust

 

 

2.050%

 

12/20/46

 

$2,434

 

 

 

Series - 2021 1A (Class B)

 

 

 

 

 

 

 

 

3,923,787

g

Mosaic Solar Loan Trust

 

1.440

06/20/52

3,578

 

 

Series - 2021 3A (Class A)

 

 

 

 

 

 

 

 

3,687,521

g

Mosaic Solar Loans LLC

 

3.820

06/22/43

3,642

 

 

Series - 2017 2A (Class A)

 

 

 

 

 

 

 

 

4,178,823

g

Mosaic Solar Loans LLC

 

1.640

04/22/47

3,823

 

 

Series - 2021 2A (Class A)

 

 

 

 

 

 

 

 

2,500,000

g

Progress Residential Trust

 

2.082

10/17/38

2,229

 

 

Series - 2021 SFR8 (Class D)

 

 

 

 

 

 

 

 

750,000

g

Progress Residential Trust

 

2.711

11/17/40

662

 

 

Series - 2021 SFR9 (Class D)

 

 

 

 

 

 

 

 

2,443,660

g

Renew

 

3.670

09/20/52

2,388

 

 

Series - 2017 1A (Class A)

 

 

 

 

 

 

 

 

5,290,762

g

Renew

 

3.950

09/20/53

5,218

 

 

Series - 2018 1 (Class A)

 

 

 

 

 

 

 

 

4,709,053

g

Renew

 

2.060

11/20/56

4,381

 

 

Series - 2021 1 (Class A)

 

 

 

 

 

 

 

 

6,193,630

 

SCE Recovery Funding LLC

 

0.861

11/15/31

5,576

11,232

i

Structured Asset Investment Loan Trust

LIBOR 1 M + 0.900%

1.357

09/25/34

11

 

 

Series - 2004 8 (Class M1)

 

 

 

 

 

 

 

 

43,502

i

Structured Asset Investment Loan Trust

LIBOR 1 M + 1.000%

1.457

09/25/34

43

 

 

Series - 2004 8 (Class A9)

 

 

 

 

 

 

 

 

1,122,301

i

Structured Asset Securities Corp Mortgage Loan Trust

LIBOR 1 M + 1.500%

1.731

04/25/35

1,124

 

 

Series - 2005 7XS (Class 2A1A)

 

 

 

 

 

 

 

 

7,214,100

g

Sunnova Helios VII Issuer LLC

 

2.030

10/20/48

6,657

 

 

Series - 2021 C (Class A)

 

 

 

 

 

 

 

 

4,045,417

g

Sunnova Helios VIII Issuer LLC

 

2.790

02/22/49

3,871

 

 

Series - 2022 A (Class A)

 

 

 

 

 

 

 

 

2,774,631

g

Sunrun Athena Issuer LLC

 

5.310

04/30/49

2,852

 

 

Series - 2018 1 (Class A)

 

 

 

 

 

 

 

 

9,149,998

g

Sunrun Atlas Issuer LLC

 

3.610

02/01/55

8,968

 

 

Series - 2019 2 (Class A)

 

 

 

 

 

 

 

 

6,035,340

g

Sunrun Callisto Issuer LLC

 

2.270

01/30/57

5,494

 

 

Series - 2021 2A (Class A)

 

 

 

 

 

 

 

 

11,362,346

g

TES LLC

 

4.330

10/20/47

11,197

 

 

Series - 2017 1A (Class A)

 

 

 

 

 

 

 

 

2,500,000

g

TES LLC

 

7.740

10/20/47

2,479

 

 

Series - 2017 1A (Class B)

 

 

 

 

 

 

 

 

6,798,031

g

TES LLC

 

4.120

02/20/48

6,779

 

 

Series - 2017 2A (Class A)

 

 

 

 

 

 

 

 

4,125,000

g

Tesla Auto Lease Trust

 

2.200

11/21/22

4,132

 

 

Series - 2019 A (Class A4)

 

 

 

 

 

 

 

 

5,400,000

g

Tesla Auto Lease Trust

 

0.560

03/20/25

5,234

 

 

Series - 2021 A (Class A3)

 

 

 

 

 

 

 

 

6,650,000

g

Tesla Auto Lease Trust

 

0.660

03/20/25

6,404

 

 

Series - 2021 A (Class A4)

 

 

 

 

 

 

 

 

6,250,000

g

Tesla Auto Lease Trust

 

1.180

03/20/25

6,043

 

 

Series - 2021 A (Class C)

 

 

 

 

 

 

 

 

4,500,000

g

Tesla Auto Lease Trust

 

0.600

09/22/25

4,345

 

 

Series - 2021 B (Class A3)

 

 

 

 

 

 

 

 

5,000,000

g

Tesla Auto Lease Trust

 

0.630

09/22/25

4,756

 

 

Series - 2021 B (Class A4)

 

 

 

 

 

 

 

 

9,500,000

 

Toyota Auto Receivables Owner Trust

 

0.260

11/17/25

9,187

 

 

Series - 2021 B (Class A3)

 

 

 

 

 

 

 

 

9,900,000

 

Toyota Auto Receivables Owner Trust

 

0.530

10/15/26

9,269

 

 

Series - 2021 B (Class A4)

 

 

 

 

 

 

 

 

1,047,794

g

Tricon American Homes Trust

 

2.928

01/17/36

1,040

 

 

Series - 2017 SFR2 (Class A)

 

 

 

 

 

 

 

 

200,000

g

Tricon American Homes Trust

 

3.275

01/17/36

198

 

 

Series - 2017 SFR2 (Class B)

 

 

 

 

 

 

 

 

475,000

g

Tricon American Homes Trust

 

2.049

07/17/38

439

 

 

Series - 2020 SFR1 (Class B)

 

 

 

 

 

 

 

 

323

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$14,127,839

 

g

Vivint Colar Financing V LLC

 

 

4.730%

 

04/30/48

 

$14,178

 

 

 

Series - 2018 1A (Class A)

 

 

 

 

 

 

 

4,918,282

 

g

Vivint Solar Financing VII LLC

 

2.210

07/31/51

 

4,433

 

 

 

Series - 2020 1A (Class A)

 

 

 

 

 

 

 

 

 

 

TOTAL ASSET BACKED

 

 

 

 

 

 

270,598

OTHER MORTGAGE BACKED - 2.9%

 

 

 

 

 

 

 

 

 

88,804

 

g,i

Agate Bay Mortgage Trust

 

3.500

09/25/45

 

88

 

 

 

Series - 2015 6 (Class A9)

 

 

 

 

 

 

 

4,075,000

 

g,i

Alen Mortgage Trust

LIBOR 1 M + 2.250%

2.647

04/15/34

 

3,980

 

 

 

Series - 2021 ACEN (Class C)

 

 

 

 

 

 

 

5,000,000

 

g

BANK

 

2.500

10/17/52

 

3,989

 

 

 

Series - 2019 BN21 (Class D)

 

 

 

 

 

 

 

6,500,000

 

i

BANK

 

3.517

10/17/52

 

6,017

 

 

 

Series - 2019 BN21 (Class C)

 

 

 

 

 

 

 

8,000,000

 

i

BANK

 

3.461

11/15/62

 

7,581

 

 

 

Series - 2019 BN22 (Class C)

 

 

 

 

 

 

 

4,940,000

 

g,i

BBCMS Mortgage Trust

 

4.267

08/05/38

 

3,948

 

 

 

Series - 2018 CHRS (Class E)

 

 

 

 

 

 

 

12,500,000

 

g

BBCMS Trust

 

3.593

09/15/32

 

12,483

 

 

 

Series - 2015 MSQ (Class A)

 

 

 

 

 

 

 

3,600,000

 

g

BBCMS Trust

 

3.894

09/15/32

 

3,595

 

 

 

Series - 2015 MSQ (Class B)

 

 

 

 

 

 

 

3,000,000

 

g,i

BBCMS Trust

 

3.688

02/15/53

 

2,857

 

 

 

Series - 2020 C6 (Class F5TA)

 

 

 

 

 

 

 

1,000,000

 

 

Benchmark Mortgage Trust

 

3.419

08/15/52

 

982

 

 

 

Series - 2019 B12 (Class AS)

 

 

 

 

 

 

 

8,870,000

 

g,i

Benchmark Mortgage Trust

 

3.899

03/15/62

 

8,448

 

 

 

Series - 2019 B10 (Class 3CCA)

 

 

 

 

 

 

 

5,200,000

 

g

BMO 360A

 

3.776

02/15/42

 

5,168

 

 

 

Series - 2022 C1 (Class 360A)

 

 

 

 

 

 

 

10,955,194

 

g,i

BX Commercial Mortgage Trust

LIBOR 1 M + 1.197%

1.594

10/15/38

 

10,694

 

 

 

Series - 2021 XL2 (Class C)

 

 

 

 

 

 

 

5,000,000

 

g,i

BX TRUST

 

1.791

01/17/39

 

4,940

 

 

 

Series - 2022 AHP (Class AS)

 

 

 

 

 

 

 

12,000,000

 

g,i

BX TRUST

 

2.141

01/17/39

 

11,805

 

 

 

Series - 2022 AHP (Class B)

 

 

 

 

 

 

 

2,901,500

 

g,i

CCRC Affordable Multifamily Housing Mortgage Trust

 

5.706

06/25/34

 

3,075

 

 

 

Series - 2017 Q005 (Class B)

 

 

 

 

 

 

 

2,000,000

 

i

CD Mortgage Trust

 

3.879

11/10/49

 

1,938

 

 

 

Series - 2016 CD2 (Class B)

 

 

 

 

 

 

 

2,000,000

 

i

Citigroup Commercial Mortgage Trust

 

4.142

04/10/48

 

1,963

 

 

 

Series - 2015 GC29 (Class C)

 

 

 

 

 

 

 

4,000,000

 

 

Citigroup Commercial Mortgage Trust

 

3.300

11/10/52

 

3,906

 

 

 

Series - 2019 GC43 (Class AS)

 

 

 

 

 

 

 

3,115,000

 

 

Citigroup Commercial Mortgage Trust

 

3.018

08/10/56

 

2,987

 

 

 

Series - 2019 GC41 (Class AS)

 

 

 

 

 

 

 

160,102

 

i

Citigroup Mortgage Loan Trust

LIBOR 1 M + 0.750%

1.207

01/25/36

 

160

 

 

 

Series - 2006 WFH1 (Class M4)

 

 

 

 

 

 

 

3,000,000

 

g,i

Cityline Commercial Mortgage Trust

 

2.778

11/10/31

 

2,971

 

 

 

Series - 2016 CLNE (Class A)

 

 

 

 

 

 

 

3,740,000

 

g,i

COMM Mortgage Trust

 

3.413

10/10/29

 

3,653

 

 

 

Series - 2017 PANW (Class B)

 

 

 

 

 

 

 

3,000,000

 

g,i

COMM Mortgage Trust

 

3.538

10/10/29

 

2,916

 

 

 

Series - 2017 PANW (Class C)

 

 

 

 

 

 

 

5,120,000

 

g

COMM Mortgage Trust

 

4.353

08/10/30

 

5,174

 

 

 

Series - 2013 300P (Class A1)

 

 

 

 

 

 

 

4,125,000

 

g

COMM Mortgage Trust

 

3.376

01/10/39

 

3,987

 

 

 

Series - 2022 HC (Class C)

 

 

 

 

 

 

 

3,500,000

 

g,i

COMM Mortgage Trust

 

4.106

03/10/48

 

3,291

 

 

 

Series - 2015 CR22 (Class D)

 

 

 

 

 

 

 

1,100,000

 

i

COMM Mortgage Trust

 

4.288

05/10/48

 

1,083

 

 

 

Series - 2015 CR23 (Class C)

 

 

 

 

 

 

 

324

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,000,000

i

COMM Mortgage Trust

 

 

4.288%

 

05/10/48

 

$931

 

 

 

Series - 2015 CR23 (Class D)

 

 

 

 

 

 

 

 

2,500,000

i

COMM Mortgage Trust

 

3.463

08/10/48

2,250

 

 

Series - 2015 CR24 (Class D)

 

 

 

 

 

 

 

 

1,000,000

 

COMM Mortgage Trust

 

3.263

08/15/57

970

 

 

Series - 2019 GC44 (Class AM)

 

 

 

 

 

 

 

 

6,000,000

g,i

Commercial Mortgage Pass Through Certificates

 

3.896

01/10/39

5,792

 

 

Series - 2022 HC (Class D)

 

 

 

 

 

 

 

 

1,350,143

i

Connecticut Avenue Securities

LIBOR 1 M + 2.600%

3.057

05/25/24

1,352

 

 

Series - 2014 C02 (Class 1M2)

 

 

 

 

 

 

 

 

3,656,663

i

Connecticut Avenue Securities

LIBOR 1 M + 3.000%

3.457

07/25/24

3,675

 

 

Series - 2014 C03 (Class 1M2)

 

 

 

 

 

 

 

 

2,800,000

g,i

Connecticut Avenue Securities

 

3.399

11/25/41

2,597

 

 

Series - 2021 R02 (Class 2B1)

 

 

 

 

 

 

 

 

1,155,000

g,i

Connecticut Avenue Securities Trust

 

1.649

10/25/41

1,116

 

 

Series - 2021 R01 (Class 1M2)

 

 

 

 

 

 

 

 

1,965,000

g,i

Connecticut Avenue Securities Trust

 

1.749

12/25/41

1,860

 

 

Series - 2021 R03 (Class 1M2)

 

 

 

 

 

 

 

 

1,685,000

g,i

Connecticut Avenue Securities Trust

 

2.849

12/25/41

1,525

 

 

Series - 2021 R03 (Class 1B1)

 

 

 

 

 

 

 

 

6,620,000

g,i

Connecticut Avenue Securities Trust

 

3.599

03/25/42

6,691

 

 

Series - 2022 R03 (Class 1M2)

 

 

 

 

 

 

 

 

15,000,000

g

CPT Mortgage Trust

 

2.865

11/13/39

14,155

 

 

Series - 2019 CPT (Class A)

 

 

 

 

 

 

 

 

2,000,000

g,i

CPT Mortgage Trust

 

2.997

11/13/39

1,706

 

 

Series - 2019 CPT (Class E)

 

 

 

 

 

 

 

 

5,000,000

g,i

Credit Suisse Commercial Mortgage Trust

 

3.728

11/10/32

4,907

 

 

Series - 2017 CALI (Class B)

 

 

 

 

 

 

 

 

1,443,291

g,i

Credit Suisse Commercial Mortgage Trust

 

3.500

02/25/48

1,418

 

 

Series - 2018 J1 (Class A11)

 

 

 

 

 

 

 

 

3,678,214

g,i

Credit Suisse Mortgage Capital Certificates

 

2.405

10/25/66

3,505

 

 

Series - 2021 NQM8 (Class A3)

 

 

 

 

 

 

 

 

6,650,000

g,i

CSAIL Commercial Mortgage Trust

 

3.677

06/15/37

6,285

 

 

Series - 2017 C8 (Class 85BA)

 

 

 

 

 

 

 

 

6,100,000

g,i

CSAIL Commercial Mortgage Trust

 

3.677

06/15/37

5,509

 

 

Series - 2017 C8 (Class 85BB)

 

 

 

 

 

 

 

 

2,000,000

g,i

CSMC Series

 

3.388

10/25/59

1,926

 

 

Series - 2019 NQM1 (Class M1)

 

 

 

 

 

 

 

 

2,070,722

g,i

CSMC Trust

 

3.500

02/25/48

2,035

 

 

Series - 2018 J1 (Class A2)

 

 

 

 

 

 

 

 

102,725,000

g,i

DOLP Trust

 

0.665

05/10/41

4,701

 

 

Series - 2021 NYC (Class X)

 

 

 

 

 

 

 

 

12,500,000

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 1.320%

1.717

11/15/38

12,234

 

 

Series - 2021 ELP (Class C)

 

 

 

 

 

 

 

 

7,500,000

g,i

ELP Commercial Mortgage Trust

LIBOR 1 M + 2.118%

2.515

11/15/38

7,260

 

 

Series - 2021 ELP (Class E)

 

 

 

 

 

 

 

 

378,955

i

Fieldstone Mortgage Investment Trust

LIBOR 1 M + 0.735%

1.192

12/25/35

376

 

 

Series - 2005 2 (Class M2)

 

 

 

 

 

 

 

 

542,139

g,i

Flagstar Mortgage Trust

 

4.048

10/25/47

541

 

 

Series - 2017 2 (Class B3)

 

 

 

 

 

 

 

 

70,990

g,i

Flagstar Mortgage Trust

 

4.000

09/25/48

71

 

 

Series - 2018 5 (Class A11)

 

 

 

 

 

 

 

 

1,519,594

g,i

Flagstar Mortgage Trust

 

2.500

04/25/51

1,387

 

 

Series - 2021 2 (Class A4)

 

 

 

 

 

 

 

 

4,667,182

g,i

Flagstar Mortgage Trust

 

2.500

06/01/51

4,258

 

 

Series - 2021 4 (Class A21)

 

 

 

 

 

 

 

 

12,794,211

g,i

Flagstar Mortgage Trust

 

3.000

10/25/51

12,142

 

 

Series - 2021 10IN (Class A1)

 

 

 

 

 

 

 

 

10,260,000

 

Freddie Mac Multiclass Certificates Series

 

1.878

01/25/31

9,681

 

 

Series - 2021 P009 (Class A2)

 

 

 

 

 

 

 

 

6,778,008

 

Freddie Mac Multifamily ML Certificates

 

1.877

07/25/37

5,944

 

 

Series - 2021 ML08 (Class )

 

 

 

 

 

 

 

 

40,176,879

†,i

Freddie Mac Multifamily ML Certificates

 

1.769

11/25/37

5,946

 

 

 

Series - 2021 ML08 (Class XCA)

 

 

 

 

 

 

 

 

325

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

$3,207,892

 

Freddie Mac Multifamily ML Certificates

 

 

1.896%

 

11/25/37

 

$2,773

 

 

Series - 2021 ML08 (Class )

 

 

 

 

 

 

 

16,702,109

 

Freddie Mac Multifamily ML Certificates

 

2.340

07/25/41

15,353

 

 

Series - 2021 ML12 (Class AUS)

 

 

 

 

 

 

 

4,789,229

 

Freddie Mac Multifamily Structured Pass Through Certificates

 

1.555

01/25/36

4,386

 

 

Series - 2020 Q014 (Class A1)

 

 

 

 

 

 

 

16,750,000

 

Freddie Mac Multifamily Variable Rate Certificate

 

3.150

10/15/36

16,769

 

 

Series - 2022 M068 (Class A)

 

 

 

 

 

 

 

6,130,000

 

Freddie Mac Multifamily Variable Rate Certificate

 

1.761

09/15/38

5,763

 

 

Series - 2020 M061 (Class A)

 

 

 

 

 

 

 

1,520,000

g,i

Freddie Mac STACR REMIC Trust

 

2.149

12/25/33

1,431

 

 

Series - 2021 HQA2 (Class M2)

 

 

 

 

 

 

 

2,860,000

g,i

Freddie Mac STACR REMIC Trust

 

1.749

01/25/34

2,814

 

 

Series - 2021 DNA5 (Class M2)

 

 

 

 

 

 

 

2,640,000

g,i

Freddie Mac STACR REMIC Trust

 

2.599

01/25/42

2,468

 

 

Series - 2022 DNA1 (Class M2)

 

 

 

 

 

 

 

2,972,000

g,i

GS Mortgage Securities Corp II

 

4.577

03/10/33

2,881

 

 

Series - 2018 GS10 (Class WLSC)

 

 

 

 

 

 

 

2,000,000

g,i

GS Mortgage Securities Trust

LIBOR 1 M + 1.090%

1.490

10/15/31

1,970

 

 

Series - 2018 HART (Class A)

 

 

 

 

 

 

 

3,000,000

 

GS Mortgage Securities Trust

 

3.143

10/10/49

2,931

 

 

Series - 2016 GS3 (Class AS)

 

 

 

 

 

 

 

830,000

i

GS Mortgage Securities Trust

 

3.958

11/10/49

769

 

 

Series - 2016 GS4 (Class C)

 

 

 

 

 

 

 

1,062,599

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.500

07/25/50

1,057

 

 

Series - 2020 PJ2 (Class A4)

 

 

 

 

 

 

 

423,919

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.000

01/25/51

413

 

 

Series - 2020 PJ4 (Class A4)

 

 

 

 

 

 

 

338,379

i

GS Mortgage-Backed Securities Corp Trust

 

3.000

03/27/51

326

 

 

Series - 2020 PJ5 (Class A4)

 

 

 

 

 

 

 

1,041,672

g,i

GS Mortgage-Backed Securities Corp Trust

 

2.500

05/25/51

958

 

 

Series - 2020 PJ6 (Class A4)

 

 

 

 

 

 

 

2,985,773

g,i

GS Mortgage-Backed Securities Corp Trust

 

2.500

10/25/51

2,726

 

 

Series - 2021 PJ5 (Class A4)

 

 

 

 

 

 

 

5,424,206

g,i

GS Mortgage-Backed Securities Corp Trust

 

3.000

06/25/52

5,111

 

 

Series - 2022 PJ2 (Class A36)

 

 

 

 

 

 

 

425,601

g,i

GS Mortgage-Backed Securities Trust

 

3.669

05/25/50

411

 

 

Series - 2020 PJ1 (Class B2)

 

 

 

 

 

 

 

1,203,082

g,i

GS Mortgage-Backed Securities Trust

 

2.500

07/25/51

1,099

 

 

Series - 2021 PJ2 (Class A4)

 

 

 

 

 

 

 

11,237,375

g,i

GS Mortgage-Backed Securities Trust

 

2.500

01/25/52

10,254

 

 

Series - 2021 PJ7 (Class A4)

 

 

 

 

 

 

 

5,107,905

g,i

GS Mortgage-Backed Securities Trust

 

2.500

01/25/52

4,665

 

 

Series - 2021 PJ8 (Class A4)

 

 

 

 

 

 

 

8,834,847

g,i

GS MortSecurities Trust

 

2.500

11/25/51

8,059

 

 

Series - 2021 PJ6 (Class A4)

 

 

 

 

 

 

 

684,683

i

HarborView Mortgage Loan Trust

LIBOR 1 M + 0.620%

1.069

08/19/45

674

 

 

Series - 2005 11 (Class 2A1A)

 

 

 

 

 

 

 

6,000,000

g

Hudson Yards Mortgage Trust

 

2.835

08/10/38

5,792

 

 

Series - 2016 10HY (Class A)

 

 

 

 

 

 

 

5,000,000

g,i

Hudson Yards Mortgage Trust

 

2.977

08/10/38

4,769

 

 

Series - 2016 10HY (Class C)

 

 

 

 

 

 

 

5,000,000

g,i

Hudson Yards Mortgage Trust

 

2.977

08/10/38

4,844

 

 

Series - 2016 10HY (Class B)

 

 

 

 

 

 

 

7,000,000

g

Hudson Yards Mortgage Trust

 

3.228

07/10/39

6,799

 

 

Series - 2019 30HY (Class A)

 

 

 

 

 

 

 

1,000,000

g,i

Hudson Yards Mortgage Trust

 

2.943

12/10/41

894

 

 

Series - 2019 55HY (Class D)

 

 

 

 

 

 

 

7,000,000

g,i

Hudson Yards Mortgage Trust

 

2.943

12/10/41

6,053

 

 

Series - 2019 55HY (Class E)

 

 

 

 

 

 

 

2,500,000

g,i

Hudson Yards Mortgage Trust

 

2.943

12/10/41

2,091

 

 

Series - 2019 55HY (Class F)

 

 

 

 

 

 

 

158,807

i

Impac CMB Trust

LIBOR 1 M + 0.660%

1.117

03/25/35

160

 

 

Series - 2004 11 (Class 2A1)

 

 

 

 

 

 

 

326

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

 

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$480,000

g,i

Imperial Fund Mortgage Trust

 

 

3.531%

 

10/25/55

 

$461

 

 

 

Series - 2020 NQM1 (Class M1)

 

 

 

 

 

 

 

 

2,800,000

 

JP Morgan Chase Commercial Mortgage Securities Corp

 

3.372

12/15/47

2,816

 

 

Series - 2013 C10 (Class AS)

 

 

 

 

 

 

 

 

2,405,987

g,i

JP Morgan Mortgage Trust

LIBOR 1 M - 0.000%

2.102

12/25/44

2,440

 

 

Series - 2015 1 (Class B1)

 

 

 

 

 

 

 

 

99,762

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/45

98

 

 

Series - 2015 3 (Class A19)

 

 

 

 

 

 

 

 

497,975

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/45

479

 

 

Series - 2015 6 (Class A13)

 

 

 

 

 

 

 

 

248,613

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/46

245

 

 

Series - 2016 1 (Class A13)

 

 

 

 

 

 

 

 

255,608

g,i

JP Morgan Mortgage Trust

 

3.500

05/25/47

250

 

 

Series - 2017 2 (Class A13)

 

 

 

 

 

 

 

 

253,267

g,i

JP Morgan Mortgage Trust

 

3.500

09/25/48

244

 

 

Series - 2018 3 (Class A13)

 

 

 

 

 

 

 

 

170,593

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/48

168

 

 

Series - 2018 4 (Class A13)

 

 

 

 

 

 

 

 

875,897

g,i

JP Morgan Mortgage Trust

 

3.500

10/25/48

849

 

 

Series - 2018 5 (Class A13)

 

 

 

 

 

 

 

 

881,333

g,i

JP Morgan Mortgage Trust

 

3.050

10/26/48

884

 

 

Series - 2017 5 (Class A2)

 

 

 

 

 

 

 

 

149,002

g,i

JP Morgan Mortgage Trust

 

4.000

01/25/49

149

 

 

Series - 2018 8 (Class A13)

 

 

 

 

 

 

 

 

250,229

g,i

JP Morgan Mortgage Trust

 

4.000

02/25/49

251

 

 

Series - 2018 9 (Class A13)

 

 

 

 

 

 

 

 

304,935

g,i

JP Morgan Mortgage Trust

 

4.000

05/25/49

306

 

 

Series - 2019 1 (Class A15)

 

 

 

 

 

 

 

 

47,000

g,i

JP Morgan Mortgage Trust

 

4.000

05/25/49

47

 

 

Series - 2019 1 (Class A3)

 

 

 

 

 

 

 

 

137,683

g,i

JP Morgan Mortgage Trust

 

4.629

09/25/49

134

 

 

Series - 2019 3 (Class B1)

 

 

 

 

 

 

 

 

589,918

g,i

JP Morgan Mortgage Trust

LIBOR 1 M + 0.950%

1.407

10/25/49

591

 

 

Series - 2019 INV1 (Class A11)

 

 

 

 

 

 

 

 

1,609,961

g,i

JP Morgan Mortgage Trust

 

3.864

06/25/50

1,567

 

 

Series - 2020 1 (Class B2)

 

 

 

 

 

 

 

 

4,675,713

g,i

JP Morgan Mortgage Trust

 

2.500

10/25/51

4,270

 

 

Series - 2021 6 (Class A15)

 

 

 

 

 

 

 

 

2,439,857

g,i

JP Morgan Mortgage Trust

 

2.500

11/25/51

2,228

 

 

Series - 2021 7 (Class A15)

 

 

 

 

 

 

 

 

3,079,984

g,i

JP Morgan Mortgage Trust

 

2.500

12/25/51

2,813

 

 

Series - 2021 8 (Class A15)

 

 

 

 

 

 

 

 

1,306,724

g,i

JP Morgan Mortgage Trust

 

2.500

12/25/51

1,193

 

 

Series - 2021 10 (Class A15)

 

 

 

 

 

 

 

 

4,397,423

g,i

JP Morgan Mortgage Trust

 

2.500

01/25/52

4,014

 

 

Series - 2021 11 (Class A15)

 

 

 

 

 

 

 

 

1,218,035

g,i

JP Morgan Mortgage Trust

 

2.500

02/25/52

1,112

 

 

Series - 2021 12 (Class A15)

 

 

 

 

 

 

 

 

2,025,567

g,i

JP Morgan Mortgage Trust

 

2.500

05/25/52

1,849

 

 

Series - 2021 14 (Class A15)

 

 

 

 

 

 

 

 

6,331,014

g,i

JP Morgan Mortgage Trust

 

2.500

06/25/52

5,779

 

 

Series - 2021 15 (Class A15)

 

 

 

 

 

 

 

 

7,539,411

g,i

JP Morgan Mortgage Trust

 

3.000

08/25/52

7,108

 

 

Series - 2022 2 (Class A25)

 

 

 

 

 

 

 

 

10,000,000

g

Liberty Street Trust

 

3.597

02/10/36

9,928

 

 

Series - 2016 225L (Class A)

 

 

 

 

 

 

 

 

4,000,000

g,i

MAD Mortgage Trust

 

2.976

08/15/34

3,914

 

 

Series - 2017 330M (Class A)

 

 

 

 

 

 

 

 

4,000,000

g,i

MAD Mortgage Trust

 

3.142

08/15/34

3,879

 

 

Series - 2017 330M (Class B)

 

 

 

 

 

 

 

 

3,000,000

g,i

Manhattan West

 

2.335

09/10/39

2,709

 

 

Series - 2020 1MW (Class C)

 

 

 

 

 

 

 

 

2,000,000

g

Manhattan West Mortgage Trust

 

2.130

09/10/39

1,849

 

 

Series - 2020 1MW (Class A)

 

 

 

 

 

 

 

 

327

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

PRINCIPAL

 

ISSUER

RATE & SPREAD

$2,169,000

g,i

Menora Mivtachim Holdings Ltd

 

 

 

Series - 2022 C1 (Class 360D)

 

132,584

†,i

Morgan Stanley Capital I Trust

 

 

 

Series - 2007 IQ16 (Class AJFX)

 

1,031,894

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 4 (Class A4)

 

4,156,280

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 5 (Class A9)

 

3,190,556

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 6 (Class A4)

 

2,682,566

g,i

Morgan Stanley Residential Mortgage Loan Trust

 

 

 

Series - 2021 6 (Class A9)

 

3,000,000

g,i

MSDB Trust

 

 

 

Series - 2017 712F (Class A)

 

5,750,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 1.500%

 

 

Series - 2019 MILE (Class A)

 

4,250,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 2.200%

 

 

Series - 2019 MILE (Class C)

 

9,800,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 3.500%

 

 

Series - 2019 MILE (Class E)

 

1,500,000

g,i

Natixis Commercial Mortgage Securities Trust

LIBOR 1 M + 4.250%

 

 

Series - 2019 MILE (Class F)

 

628,772

g,i

New Residential Mortgage Loan Trust

 

 

 

Series - 2019 NQM4 (Class A3)

 

470,000

g,i

New Residential Mortgage Loan Trust

 

 

 

Series - 2019 NQM4 (Class M1)

 

68,461

i

New York Mortgage Trust

LIBOR 1 M + 0.480%

 

 

Series - 2005 3 (Class A1)

 

5,550,594

g,i

OBX Trust

 

 

 

Series - 2021 J2 (Class A19)

 

427,740

g,i

OBX Trust

LIBOR 1 M + 0.650%

 

 

Series - 2018 1 (Class A2)

 

1,709,096

g,i

Oceanview Mortgage Trust

 

 

 

Series - 2021 1 (Class A19)

 

11,800,000

g

One Bryant Park Trust

 

 

 

Series - 2019 OBP (Class A)

 

3,900,000

g

One Market Plaza Trust

 

 

 

Series - 2017 1MKT (Class A)

 

524,976

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2015 2 (Class A1)

 

223,205

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2016 1 (Class A19)

 

504,576

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2017 3 (Class A19)

 

687,788

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2017 6 (Class B1)

 

139,509

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2018 2 (Class A1)

 

111,607

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2018 2 (Class A19)

 

17,354

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2018 7 (Class A19)

 

366,852

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2019 2 (Class A1)

 

86,808

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2019 2 (Class A19)

 

330,869

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2019 4 (Class A1)

 

221,406

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2019 5 (Class A19)

 

396,200

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2019 5 (Class A1)

 

1,191,756

g,i

Sequoia Mortgage Trust

 

 

 

Series - 2020 2 (Class A1)

 

 

 

MATURITY

 

VALUE

RATE

 

DATE

(000)

3.939%

 

02/15/42

 

$1,894

5.674

12/12/49

71

2.500

07/25/51

985

2.500

08/25/51

3,797

2.500

09/25/51

3,046

2.500

09/25/51

2,451

3.316

07/11/39

2,936

1.897

07/15/36

5,721

2.597

07/15/36

4,217

3.897

07/15/36

9,561

4.647

07/15/36

1,448

2.797

09/25/59

624

2.986

09/25/59

447

0.937

02/25/36

69

2.500

07/25/51

5,062

1.107

06/25/57

422

2.500

05/25/51

1,560

2.516

09/15/54

10,914

3.614

02/10/32

3,882

3.500

05/25/45

513

3.500

06/25/46

220

3.500

04/25/47

491

3.740

09/25/47

665

3.500

02/25/48

137

3.500

02/25/48

110

4.000

09/25/48

17

4.000

06/25/49

367

4.000

06/25/49

87

3.500

11/25/49

318

3.500

12/25/49

219

3.500

12/25/49

391

3.500

03/25/50

1,170

328

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

REFERENCE

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE & SPREAD

 

RATE

 

DATE

(000)

 

$1,062,842

g,i

Sequoia Mortgage Trust

 

 

3.000%

 

04/25/50

 

$1,024

 

 

 

Series - 2020 3 (Class A19)

 

 

 

 

 

 

 

 

2,754,906

g,i

Sequoia Mortgage Trust

 

2.500

06/25/51

 

2,508

 

 

Series - 2021 4 (Class A19)

 

 

 

 

 

 

 

 

413,628

g,i

Shellpoint Co-Originator Trust

 

3.500

10/25/47

 

406

 

 

Series - 2017 2 (Class A1)

 

 

 

 

 

 

 

 

14,390,000

g

SLG Office Trust

 

2.585

07/15/41

 

13,379

 

 

Series - 2021 OVA (Class A)

 

 

 

 

 

 

 

 

5,350,000

g,i

Structured Agency Credit Risk Debt Note (STACR)

 

2.199

10/25/33

 

5,227

 

 

Series - 2021 DNA3 (Class M2)

 

 

 

 

 

 

 

 

58,931

g,i

STACR

 

3.724

02/25/48

 

59

 

 

Series - 2018 SPI1 (Class M2)

 

 

 

 

 

 

 

 

74,055

g,i

STACR

 

3.809

05/25/48

 

74

 

 

Series - 2018 SPI2 (Class M2)

 

 

 

 

 

 

 

 

65,000

g,i

STACR

 

4.099

11/25/50

 

63

 

 

Series - 2020 HQA5 (Class B1)

 

 

 

 

 

 

 

 

4,000,000

g

SUMIT Mortgage Trust

 

2.789

02/12/41

 

3,805

 

 

Series - 2022 BVUE (Class A)

 

 

 

 

 

 

 

 

1,600,000

g,i

Verus Securitization Trust

 

3.139

07/25/59

 

1,599

 

 

Series - 2019 3 (Class M1)

 

 

 

 

 

 

 

 

982,000

g,i

Verus Securitization Trust

 

3.207

11/25/59

 

977

 

 

Series - 2019 4 (Class M1)

 

 

 

 

 

 

 

 

683,833

g

Verus Securitization Trust

 

1.733

05/25/65

 

667

 

 

Series - 2020 5 (Class A3)

 

 

 

 

 

 

 

 

3,068,521

g,i

Verus Securitization Trust

 

2.240

10/25/66

 

2,894

 

 

Series - 2021 7 (Class A3)

 

 

 

 

 

 

 

 

1,030,000

 

Wells Fargo Commercial Mortgage Trust

 

3.539

10/15/45

 

1,033

 

 

Series - 2012 LC5 (Class AS)

 

 

 

 

 

 

 

 

80,697

g,i

Wells Fargo Mortgage Backed Securities Trust

 

4.000

04/25/49

 

81

 

 

Series - 2019 2 (Class A17)

 

 

 

 

 

 

 

 

290,219

g,i

Wells Fargo Mortgage Backed Securities Trust

 

3.000

07/25/50

 

279

 

 

Series - 2020 4 (Class A17)

 

 

 

 

 

 

 

 

5,871,340

g,i

Wells Fargo Mortgage Backed Securities Trust

 

2.500

06/25/51

 

5,358

 

 

Series - 2021 2 (Class A17)

 

 

 

 

 

 

 

 

200,630

g,i

WinWater Mortgage Loan Trust

 

3.910

06/20/44

 

201

 

 

Series - 2014 1 (Class B4)

 

 

 

 

 

 

 

 

 

 

TOTAL OTHER MORTGAGE BACKED

 

 

 

 

 

 

553,958

 

 

TOTAL STRUCTURED ASSETS

 

 

 

 

 

 

824,556

 

 

(Cost $870,578)

 

 

 

 

 

 

 

 

 

 

TOTAL BONDS

 

 

 

 

 

 

7,386,952

 

 

(Cost $7,691,119)

 

 

 

 

 

 

 

 

SHARES

 

COMPANY

 

COMMON STOCKS - 58.9%

 

 

 

AUTOMOBILES & COMPONENTS - 1.7%

 

 

53,754

*

American Axle & Manufacturing Holdings, Inc

417

123,501

*

Aptiv plc

14,784

157,863

 

Bayerische Motoren Werke AG.

13,642

62,007

 

Bayerische Motoren Werke AG. (Preference)

4,803

14,525

 

BorgWarner, Inc

565

187,486

 

Daimler AG. (Registered)

13,160

161,382

 

Denso Corp

10,296

146,222

*,e

Lordstown Motors Corp

499

169,939

 

Magna International, Inc

10,910

78,081

 

Michelin (C.G.D.E.) (Class B)

10,581

139,400

 

Stanley Electric Co Ltd

2,636

181,822

*

Tesla, Inc

195,931

2,417,500

*

Toyota Motor Corp

43,607

243,482

 

Valeo S.A.

4,497

329

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

202,382

*,e

Workhorse Group, Inc

$1,012

 

 

TOTAL AUTOMOBILES & COMPONENTS

327,340

BANKS - 3.1%

 

 

 

2,364

 

Ameris Bancorp

104

1,006,777

 

Australia & New Zealand Banking Group Ltd

20,630

2,600,974

 

Banco Bilbao Vizcaya Argentaria S.A.

14,851

1,127,807

 

Bank Hapoalim Ltd

11,166

206,061

 

Bank of Montreal

24,248

363,089

 

Bank of Nova Scotia

26,023

50,471

 

Bank OZK

2,155

2,405

 

Banner Corp

141

50,885

 

Berkshire Hills Bancorp, Inc

1,474

347,546

 

BNP Paribas S.A.

19,860

3,256,000

 

BOC Hong Kong Holdings Ltd

12,252

8,511

 

Brookline Bancorp, Inc

135

1,840

 

Cadence BanCorp

54

3,460,104

 

CaixaBank S.A.

11,736

6,038

 

Camden National Corp

284

159,934

e

Canadian Imperial Bank of Commerce

19,414

919,910

 

Citigroup, Inc

49,123

513,789

 

Citizens Financial Group, Inc

23,290

2,120

 

Columbia Banking System, Inc

68

118,712

 

Comerica, Inc

10,735

784

 

Commerce Bancshares, Inc

56

434,454

 

Commonwealth Bank of Australia

34,214

889

 

Community Trust Bancorp, Inc

37

3,881

 

Cullen/Frost Bankers, Inc

537

47,906

*

Customers Bancorp, Inc

2,498

701,393

 

DBS Group Holdings Ltd

18,378

84,052

 

Erste Bank der Oesterreichischen Sparkassen AG.

3,065

7,467

 

Federal Agricultural Mortgage Corp

810

7,030

 

First Busey Corp

178

47,961

 

First Interstate Bancsystem, Inc

1,764

48,948

 

First Republic Bank

7,935

1,019

 

Glacier Bancorp, Inc

51

1,984

 

Hancock Whitney Corp

104

608,900

 

Hang Seng Bank Ltd

11,711

4,964

 

Heritage Financial Corp

124

19,873

 

HomeStreet, Inc

942

4,551,514

 

HSBC Holdings plc

31,089

303,495

 

Huntington Bancshares, Inc

4,437

6,217,559

 

Intesa Sanpaolo S.p.A.

14,231

122,862

 

KBC Groep NV

8,815

238,489

 

Keycorp

5,337

25,729

 

Live Oak Bancshares, Inc

1,309

17,431

*

Mr Cooper Group, Inc

796

27,409

 

National Bank Holdings Corp

1,104

28,534

 

National Bank of Canada

2,187

9,051

 

Old National Bancorp

148

1,100

 

Oversea-Chinese Banking Corp

10

58,756

 

Pinnacle Financial Partners, Inc

5,410

257,568

 

PNC Financial Services Group, Inc

47,509

744,590

 

Regions Financial Corp

16,575

1,852,800

 

Resona Holdings, Inc

7,892

926,229

 

Skandinaviska Enskilda Banken AB (Class A)

10,013

387,852

 

Societe Generale

10,397

1,793,498

 

Standard Chartered plc

11,905

301,200

 

Sumitomo Mitsui Trust Holdings, Inc

9,803

21,532

*

SVB Financial Group

12,046

1,113,834

 

Svenska Handelsbanken AB

10,242

2,226

*

Texas Capital Bancshares, Inc

128

6,965

 

TFS Financial Corp

116

20,196

*

The Bancorp, Inc

572

330

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

57,591

 

Toronto-Dominion Bank

$4,570

4,787

 

Trico Bancshares

192

33,943

*

Tristate Capital Holdings, Inc

1,128

571,946

 

Truist Financial Corp

32,429

2,114

 

UMB Financial Corp

205

18,027

 

Univest Financial Corp

482

2,021

 

Westamerica Bancorporation

122

1,110

 

Wintrust Financial Corp

103

10,858

 

WSFS Financial Corp

506

57,728

 

Zions Bancorporation

3,785

 

 

TOTAL BANKS

585,740

CAPITAL GOODS - 3.8%

 

 

 

237,123

 

3M Co

35,303

353,727

 

ABB Ltd

11,475

790

 

Acuity Brands, Inc

150

247

 

Allegion plc

27

186,861

 

Ashtead Group plc

11,766

167,866

 

Assa Abloy AB

4,512

214,258

 

Atlas Copco AB (A Shares)

11,121

202,746

 

Atlas Copco AB (B Shares)

9,194

93,876

*

Axon Enterprise, Inc

12,930

192,393

*,e

Ballard Power Systems, Inc

2,239

688

*

Beacon Roofing Supply, Inc

41

11,104

*,e

Bloom Energy Corp

268

237,076

 

Bouygues S.A.

8,275

38,706

 

Brenntag AG.

3,121

346,935

*

CAE, Inc

9,030

18,395

 

Carlisle Cos, Inc

4,524

272,663

 

Carrier Global Corp

12,507

270,623

 

Caterpillar, Inc

60,300

621,031

 

CNH Industrial NV

9,782

39,191

 

Cummins, Inc

8,039

75,862

 

Curtiss-Wright Corp

11,391

38,900

 

Daifuku Co Ltd

2,776

81,100

 

Daikin Industries Ltd

14,728

93,743

*

Daimler Truck Holding AG.

2,600

92,545

 

DCC plc

7,166

139,549

 

Deere & Co

57,977

396

 

Dover Corp

62

200,096

e

Eaton Corp

30,367

28,212

 

Eiffage S.A.

2,895

1,733

 

EMCOR Group, Inc

195

54,610

 

Emerson Electric Co

5,355

131,662

 

Fastenal Co

7,821

97,808

 

Ferguson plc

13,251

109,955

 

Fortive Corp

6,700

1,653

 

Fortune Brands Home & Security, Inc

123

422

*

Generac Holdings, Inc

125

12,219

 

Herc Holdings, Inc

2,042

154,498

 

Hexcel Corp

9,188

58,000

*,e

Hitachi Construction Machinery Co Ltd

1,503

1,811

 

IDEX Corp

347

213,139

 

Illinois Tool Works, Inc

44,631

352,736

 

Johnson Controls International plc

23,129

303,500

 

Kajima Corp

3,693

1,220,570

 

Keppel Corp Ltd

5,755

417,800

 

Komatsu Ltd

10,038

383,900

 

Kubota Corp

7,196

14,151

 

Legrand S.A.

1,345

86

 

Lennox International, Inc

22

186,166

 

Masco Corp

9,494

107,738

*

Mercury Systems, Inc

6,944

520,200

 

Mitsubishi Corp

19,521

331

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,392

 

Moog, Inc (Class A)

$649

52,866

 

MTU Aero Engines Holding AG.

12,227

4,501

*

MYR Group, Inc

423

333,800

 

Obayashi Corp

2,450

7,069

 

Owens Corning, Inc

647

69,075

 

PACCAR, Inc

6,083

53,390

 

Parker-Hannifin Corp

15,150

43,424

 

Rockwell Automation, Inc

12,160

41,389

 

Roper Technologies Inc

19,545

4,744

 

Rush Enterprises, Inc (Class A)

242

297,860

 

Sandvik AB

6,327

153,263

 

Schneider Electric S.A.

25,731

355,600

 

Shimizu Corp

2,134

198,066

 

Siemens AG.

27,426

829,300

 

Singapore Technologies Engineering Ltd

2,512

10,969

e

Skanska AB (B Shares)

245

29,742

 

SKF AB (B Shares)

485

9,787

 

Snap-On, Inc

2,011

77,556

 

Trane Technologies plc

11,843

33,228

*

United Rentals, Inc

11,803

20,908

*

Vectrus, Inc

750

229,354

 

Vestas Wind Systems A.S.

6,728

697,434

e

Volvo AB (B Shares)

13,011

14,621

 

W.W. Grainger, Inc

7,541

1,964

 

Wabash National Corp

29

350,496

e

Wartsila Oyj (B Shares)

3,200

3,684

*

WESCO International, Inc

479

38,384

 

Woodward Inc

4,795

12,800

 

WSP Global, Inc

1,699

39,243

 

Xylem, Inc

3,346

 

 

TOTAL CAPITAL GOODS

724,655

COMMERCIAL & PROFESSIONAL SERVICES - 0.9%

 

834

 

ABM Industries, Inc

38

11,940

 

ACCO Brands Corp

96

134,701

 

Adecco S.A.

6,110

38,630

 

ADT, Inc

293

1,000

*

ASGN Inc

117

372

 

Booz Allen Hamilton Holding Co

33

3,969

 

Brambles Ltd

29

17,641

 

Cintas Corp

7,504

318,768

*

Copart, Inc

39,996

12,844

*

FTI Consulting, Inc

2,019

5,059

 

Heidrick & Struggles International, Inc

200

120,130

 

Intertek Group plc

8,195

219,671

*

KAR Auction Services, Inc

3,965

45,168

 

Kelly Services, Inc (Class A)

980

37,666

e

Randstad Holdings NV

2,266

299,100

 

Recruit Holdings Co Ltd

12,995

674,477

 

RELX plc

20,988

304

 

Ritchie Bros Auctioneers, Inc

18

57,550

 

Robert Half International, Inc

6,571

1,100

 

Secom Co Ltd

80

3,476

 

SGS S.A.

9,664

13,606

 

Teleperformance

5,183

133,012

 

TransUnion

13,745

2,948

*

TriNet Group, Inc

290

15,743

 

Verisk Analytics, Inc

3,379

159,747

 

Waste Management, Inc

25,320

29,805

 

Wolters Kluwer NV

3,177

 

 

TOTAL COMMERCIAL & PROFESSIONAL SERVICES

173,251

CONSUMER DURABLES & APPAREL - 1.1%

 

 

63,624

 

Adidas-Salomon AG.

14,826

332

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

540,582

 

Barratt Developments plc

$3,680

67,810

 

Berkeley Group Holdings plc

3,307

92,878

 

Burberry Group plc

2,027

51,782

 

DR Horton, Inc

3,858

101,698

 

Essilor International S.A.

18,600

42,842

 

Ethan Allen Interiors, Inc

1,117

58,468

*

GoPro, Inc

499

9,916

*

Green Brick Partners, Inc

196

804

 

Hasbro, Inc

66

6,871

 

Hermes International

9,725

25,198

*

iRobot Corp

1,598

18,915

*,e

Lovesac Co

1,022

29,904

*

Lululemon Athletica, Inc

10,922

10,439

 

Newell Brands Inc

223

466,814

 

Nike, Inc (Class B)

62,814

2,044

*

NVR, Inc

9,131

990,000

 

Panasonic Corp

9,615

23,595

 

Pandora AS

2,248

38,776

 

Persimmon plc

1,087

714

 

Pulte Homes, Inc

30

9,035

 

Puma AG. Rudolf Dassler Sport

768

1,667

 

PVH Corp

128

6,447

 

SEB S.A.

899

296,900

 

Sekisui House Ltd

5,743

141,735

*,e

Sonos, Inc

4,000

311,100

 

Sony Corp

32,005

1,162,041

 

Taylor Wimpey plc

1,979

94,128

*

Tupperware Brands Corp

1,831

62,501

 

VF Corp

3,554

 

 

TOTAL CONSUMER DURABLES & APPAREL

207,498

CONSUMER SERVICES - 1.3%

 

 

 

138,079

*

Accor S.A.

4,449

30,274

*

American Public Education, Inc

643

21,543

*

Booking Holdings, Inc

50,593

36,920

*

Bright Horizons Family Solutions

4,899

29,278

 

Carriage Services, Inc

1,561

757,435

 

Compass Group plc

16,300

48,189

 

Darden Restaurants, Inc

6,407

85,084

*

Dave & Buster's Entertainment, Inc

4,178

26,563

 

Domino's Pizza, Inc

10,811

40,919

*

El Pollo Loco Holdings, Inc

475

1,669

 

Graham Holdings Co

1,020

264,142

*

Hilton Worldwide Holdings, Inc

40,081

168

 

IDP Education Ltd

4

177,301

 

InterContinental Hotels Group plc

11,992

65,700

 

Oriental Land Co Ltd

12,575

30,085

*

Planet Fitness, Inc

2,542

3,541

*

Shake Shack, Inc

240

76,407

*

Six Flags Entertainment Corp

3,324

567,838

 

Starbucks Corp

51,656

92,092

*

Terminix Global Holdings, Inc

4,202

21,354

 

Vail Resorts, Inc

5,558

81,211

e

Wendy's

1,784

129,335

*

Whitbread plc

4,816

26,116

*

WW International Inc

267

 

 

TOTAL CONSUMER SERVICES

240,377

DIVERSIFIED FINANCIALS - 3.8%

 

 

 

710,581

 

3i Group plc

12,849

194,657

 

Ally Financial, Inc

8,464

312,090

 

American Express Co

58,361

67,621

 

Ameriprise Financial, Inc

20,311

63,534

g

Amundi S.A.

4,344

333

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

24,514

 

Annaly Capital Management, Inc

$173

561,786

 

Bank of New York Mellon Corp

27,881

72,995

 

BlackRock, Inc

55,781

392,269

 

Brookfield Asset Management, Inc

22,178

688,801

 

Charles Schwab Corp

58,073

141,853

 

CME Group, Inc

33,741

47,319

 

Deutsche Boerse AG.

8,518

351,721

 

Discover Financial Services

38,756

39,964

 

Eurazeo

3,360

9,442

 

Factset Research Systems, Inc

4,099

103,844

 

Franklin Resources, Inc

2,899

62,168

 

Goldman Sachs Group, Inc

20,522

10,629

*

Green Dot Corp

292

351,146

 

Hong Kong Exchanges and Clearing Ltd

16,459

369,958

 

Intercontinental Exchange Group, Inc

48,879

43,051

 

Invesco Ltd

993

198,003

*

Kinnevik AB

5,163

157,367

 

London Stock Exchange Group plc

16,410

127,179

 

Macquarie Group Ltd

19,234

20,516

 

MarketAxess Holdings, Inc

6,979

86,164

 

Moody's Corp

29,073

606,074

 

Morgan Stanley

52,971

24,409

 

Nasdaq Inc

4,350

281,900

*

Nomura Holdings, Inc

1,186

132,680

 

Northern Trust Corp

15,451

5,978

*

PRA Group, Inc

269

2,150

*

PROG Holdings, Inc

62

156,128

 

S&P Global, Inc

64,041

111,688

 

Schroders plc

4,703

2,200

 

Singapore Exchange Ltd

16

2,261,353

 

Standard Life Aberdeen plc

6,332

138,769

 

State Street Corp

12,089

70,744

 

T Rowe Price Group, Inc

10,696

32,500

e

Tokyo Century Corp

1,191

1,114,652

 

UBS Group AG

21,782

27,954

 

Voya Financial, Inc

1,855

26,666

 

Wendel

2,715

 

 

TOTAL DIVERSIFIED FINANCIALS

723,501

ENERGY - 2.6%

 

 

 

380,386

 

Antero Midstream Corp

4,135

182,891

 

APA Corp

7,559

286,424

 

Baker Hughes Co

10,429

1,392,931

 

BP plc

6,829

877,669

 

Cenovus Energy, Inc (Toronto)

14,631

3,725

*

ChampionX Corp

91

147,151

 

Cheniere Energy, Inc

20,403

600,946

 

ConocoPhillips

60,095

2,773

*

Delek US Holdings, Inc

59

174

 

Devon Energy Corp

10

587,257

 

Enbridge, Inc

27,034

879,100

 

ENEOS Holdings, Inc

3,287

1,055,735

 

ENI S.p.A.

15,396

143,124

 

EOG Resources, Inc

17,065

229,842

 

EQT Corp

7,909

474,491

 

Equinor ASA

17,716

537,285

 

Galp Energia SGPS S.A.

6,793

588

 

Halliburton Co

22

105,076

 

Hess Corp

11,247

158,098

 

Imperial Oil Ltd

7,651

11,900

 

Inpex Holdings, Inc

140

5,808

e

Keyera Corp

147

1,048,160

 

Kinder Morgan, Inc

19,821

725,888

*

Kosmos Energy Ltd

5,219

334

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

1,507,936

 

 

Marathon Oil Corp

$37,864

1,757

 

 

Marathon Petroleum Corp

150

273,168

 

 

Neste Oil Oyj

12,455

348,621

 

 

NOV, Inc

6,836

2,570

 

 

Occidental Petroleum Corp

146

5,830

 

*

Oceaneering International, Inc

88

161,000

 

 

OMV AG.

7,693

23,705

 

 

ONEOK, Inc

1,674

65,921

 

e

Parkland Corp

1,949

4,347

 

 

Pioneer Natural Resources Co

1,087

1,037,526

 

 

Repsol YPF S.A.

13,591

1,135,919

 

 

Schlumberger Ltd

46,925

774,216

 

*

Southwestern Energy Co

5,551

584,881

 

 

Suncor Energy, Inc

19,041

162,935

 

 

Tenaris S.A.

2,448

636,418

 

e

Total S.A.

32,202

222,308

 

 

Valero Energy Corp

22,573

252,181

 

 

Woodside Petroleum Ltd

6,060

 

 

 

TOTAL ENERGY

482,021

FOOD & STAPLES RETAILING - 0.7%

 

 

 

220,700

 

 

Aeon Co Ltd

4,706

354,454

 

 

Alimentation Couche-Tard, Inc

15,968

210,639

 

*

BJ's Wholesale Club Holdings, Inc

14,241

253,286

 

 

Coles Group Ltd

3,385

77,367

 

 

George Weston Ltd

9,527

1,743,514

 

 

J Sainsbury plc

5,771

1,474

 

 

Jeronimo Martins SGPS S.A.

35

98,864

 

 

Kesko Oyj (B Shares)

2,730

83,380

 

 

Koninklijke Ahold Delhaize NV

2,682

800

 

 

Lawson, Inc

31

138,558

 

 

Loblaw Cos Ltd

12,433

37,655

 

 

Metro, Inc

2,168

51,050

 

*

Performance Food Group Co

2,599

38,843

 

 

Pricesmart, Inc

3,064

63,935

 

 

SpartanNash Co

2,109

217,628

 

*

Sprouts Farmers Market, Inc

6,960

4,087,739

 

 

Tesco plc

14,799

95,857

 

*

United Natural Foods, Inc

3,964

268,652

 

*

US Foods Holding Corp

10,109

394,030

 

 

Woolworths Ltd

10,940

 

 

 

TOTAL FOOD & STAPLES RETAILING

128,221

FOOD, BEVERAGE & TOBACCO - 2.1%

 

 

 

282,500

 

 

Ajinomoto Co, Inc

8,018

79,480

 

 

Archer-Daniels-Midland Co

7,174

383,095

 

 

Associated British Foods plc

8,322

3,832

 

 

Barry Callebaut AG.

8,984

50,699

 

*,e

Beyond Meat, Inc

2,449

1,758

 

 

Bunge Ltd

195

54,454

 

 

Campbell Soup Co

2,427

1,278,012

 

 

Coca-Cola Co

79,237

201,458

 

*

Coca-Cola European Partners plc (Class A)

9,793

211,279

 

 

Coca-Cola HBC AG.

4,406

282,718

 

 

Danone

15,618

14,883

 

*

Darling International, Inc

1,196

36,706

 

 

Fresh Del Monte Produce, Inc

951

408,304

 

 

General Mills, Inc

27,650

2,360

 

*

Hain Celestial Group, Inc

81

231,195

 

 

Hormel Foods Corp

11,916

144,659

 

 

Kellogg Co

9,329

109,373

 

 

Kerry Group plc (Class A)

12,232

132,700

 

 

Kikkoman Corp

8,790

79,144

 

 

McCormick & Co, Inc

7,899

335

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

113,527

 

Mowi ASA

$3,058

591,476

 

Nestle S.A.

76,903

29,600

 

Nissin Food Products Co Ltd

2,075

304,982

 

Orkla ASA

2,710

470,408

 

PepsiCo, Inc

78,737

141,100

 

Suntory Beverage & Food Ltd

5,378

6,454

*

TreeHouse Foods, Inc

208

449,800

 

Wilmar International Ltd

1,558

 

 

TOTAL FOOD, BEVERAGE & TOBACCO

397,294

HEALTH CARE EQUIPMENT & SERVICES - 2.9%

 

40,833

*

Abiomed, Inc

13,526

40,357

*,e

Accelerate Diagnostics, Inc

58

46,979

*

Align Technology, Inc

20,483

175,429

*

Allscripts Healthcare Solutions, Inc

3,951

41,162

 

Ambu A.S.

606

99,959

 

Amplifon S.p.A.

4,449

64,063

*

Angiodynamics, Inc

1,380

63,606

 

Anthem, Inc

31,245

8,730

*

AtriCure, Inc

573

1,253

*

Axonics Modulation Technologies, Inc

79

1,376

 

Baxter International, Inc

107

34,133

 

BioMerieux

3,643

4,607

 

Cardinal Health, Inc

261

9,667

 

Carl Zeiss Meditec AG.

1,557

317,661

 

Cerner Corp

29,720

249,927

*

Cerus Corp

1,372

206,435

 

Cigna Corp

49,464

23,683

 

Cochlear Ltd

3,954

50,637

 

Coloplast AS

7,669

22,324

*

Computer Programs & Systems, Inc

769

38,723

 

Cooper Cos, Inc

16,170

13,160

*

Covetrus, Inc

221

188

*

DaVita, Inc

21

191,542

 

Dentsply Sirona, Inc

9,428

52,916

*

Dexcom, Inc

27,072

397,214

*

Edwards Lifesciences Corp

46,760

151,984

*

Envista Holdings Corp

7,403

334,461

 

Fisher & Paykel Healthcare Corp

5,612

13,596

*

Globus Medical, Inc

1,003

82,796

 

GN Store Nord

4,058

10,855

*

Guardant Health, Inc

719

117,437

 

HCA Healthcare, Inc

29,432

59,326

*

Health Catalyst, Inc

1,550

26,027

*

Henry Schein, Inc

2,269

5,801

*

Heska Corp

802

103,018

*

Hologic, Inc

7,914

97,987

 

Humana, Inc

42,641

55,436

*

IDEXX Laboratories, Inc

30,327

8,609

*

Inogen, Inc

279

527

*

Insulet Corp

140

20,890

*

Intersect ENT, Inc

585

164,019

*

Intuitive Surgical, Inc

49,481

42,838

*

Laboratory Corp of America Holdings

11,295

27,738

 

LeMaitre Vascular, Inc

1,289

8,932

*

LivaNova plc

731

14,728

*

Meridian Bioscience, Inc

382

39,504

*

Merit Medical Systems, Inc

2,628

98,516

*

NextGen Healthcare, Inc

2,060

257

*

Novocure Ltd

21

40,050

*

Omnicell, Inc

5,186

57,111

*

OraSure Technologies, Inc

387

32,369

*

Orthofix Medical Inc

1,059

13,628

*

Penumbra, Inc

3,027

336

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

2,830

 

Premier, Inc

$101

25,027

 

Quest Diagnostics, Inc

3,425

62,644

*

Quidel Corp

7,045

143,876

 

Ramsay Health Care Ltd

6,968

76,386

 

Resmed, Inc

18,524

267,255

e

Ryman Healthcare Ltd

1,730

34,038

 

Sonova Holdings AG

14,219

42,938

*

Staar Surgical Co

3,431

30,738

 

STERIS plc

7,432

68,100

 

Sysmex Corp

4,932

5,738

*

Tactile Systems Technology, Inc

116

15,158

*

Tandem Diabetes Care, Inc

1,763

4,565

*,e

Teladoc, Inc

329

 

 

TOTAL HEALTH CARE EQUIPMENT & SERVICES

556,833

HOUSEHOLD & PERSONAL PRODUCTS - 1.4%

 

33,243

 

Beiersdorf AG.

3,492

34,657

 

Clorox Co

4,818

286,421

 

Colgate-Palmolive Co

21,719

367,053

 

Essity AB

8,662

154,417

 

Estee Lauder Cos (Class A)

42,051

111,368

 

Henkel KGaA

7,351

148,576

 

Henkel KGaA (Preference)

9,945

172,700

 

Kao Corp

7,052

60,233

 

Kimberly-Clark Corp

7,418

67,555

 

L'Oreal S.A.

26,985

665,171

 

Procter & Gamble Co

101,638

189,400

 

Shiseido Co Ltd

9,566

216,400

 

Uni-Charm Corp

7,774

 

 

TOTAL HOUSEHOLD & PERSONAL PRODUCTS

258,471

INSURANCE - 2.3%

 

 

 

 

1,404,168

 

Aegon NV

7,444

298,421

 

Aflac, Inc

19,215

1,727,200

 

AIA Group Ltd

18,035

115,468

 

Allianz AG.

27,575

107,011

 

Allstate Corp

14,822

11,186

 

Arthur J. Gallagher & Co

1,953

519,493

e

Assicurazioni Generali S.p.A.

11,882

2,426,453

 

Aviva plc

14,357

574,060

 

AXA S.A.

16,805

220,993

 

Chubb Ltd

47,270

169,042

 

CNP Assurances

4,070

37,622

*

eHealth, Inc

467

945,092

*

Genworth Financial, Inc (Class A)

3,572

1,068

 

Insurance Australia Group Ltd

3

485

 

Intact Financial Corp

72

3,515,232

 

Legal & General Group plc

12,463

80,687

 

Lincoln National Corp

5,274

196,080

 

Loews Corp

12,710

262,083

 

Marsh & McLennan Cos, Inc

44,664

38,449

 

Metlife, Inc

2,702

82,300

 

MS&AD Insurance Group Holdings Inc

2,672

31,684

 

Muenchener Rueckver AG.

8,470

49,367

 

NN Group NV

2,502

642

 

Principal Financial Group

47

272,679

 

Progressive Corp

31,083

297,908

 

Prudential Financial, Inc

35,204

304,703

 

QBE Insurance Group Ltd

2,613

149,200

 

Sompo Holdings, Inc

6,556

75,475

 

Sun Life Financial, Inc

4,214

4,443

 

Swiss Life Holding

2,847

121,443

e

Swiss Re Ltd

11,561

141,770

 

Travelers Cos, Inc

25,906

337

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

SHARES

 

COMPANY

14,047

 

Willis Towers Watson plc

49,305

 

Zurich Insurance Group AG

 

 

TOTAL INSURANCE

MATERIALS - 2.6%

 

 

117,018

 

Agnico-Eagle Mines Ltd

63

 

Akzo Nobel NV

19,088

 

Amcor plc

436,186

 

Antofagasta plc

10,825

 

Aptargroup, Inc

480,800

 

Asahi Kasei Corp

266,085

 

Ball Corp

185,990

 

BASF SE

229,311

 

BlueScope Steel Ltd

254,050

 

Boliden AB

83,968

*

Century Aluminum Co

290

 

Chr Hansen Holding A/S

91,048

*

Cleveland-Cliffs, Inc

19,088

*

Coeur Mining, Inc

1,679

 

Compass Minerals International, Inc

320,091

 

CRH plc

41,736

 

Croda International plc

45,685

 

DSM NV

418,426

 

DuPont de Nemours, Inc

215,455

 

Ecolab, Inc

496,318

 

Evolution Mining Ltd

921,299

 

Fortescue Metals Group Ltd

58,042

 

Franco-Nevada Corp

3,439

 

Givaudan S.A.

102,204

 

HeidelbergCement AG.

204,900

*

Hitachi Metals Ltd

63,027

 

International Flavors & Fragrances, Inc

1,576

 

International Paper Co

11,455

 

Johnson Matthey plc

38,580

 

Koppers Holdings, Inc

2,995

 

Linde plc

16,785

 

Martin Marietta Materials, Inc

32,192

 

Mineral Resources Ltd

302,800

 

Mitsubishi Chemical Holdings Corp

61,692

 

Mitsui Chemicals, Inc

279,116

 

Mondi plc

139,473

 

Mosaic Co

605,266

 

Newcrest Mining Ltd

462,237

 

Newmont Goldcorp Corp

226,700

 

Nippon Paint Co Ltd

600,800

 

Nippon Steel Corp

89,700

 

Nitto Denko Corp

1,246,441

 

Norsk Hydro ASA

375,868

 

Northern Star Resources Ltd

143,731

 

Nucor Corp

198,732

 

Nutrien Ltd

1,122

 

Orica Ltd

20,642

 

PPG Industries, Inc

2,785

 

Reliance Steel & Aluminum Co

5,386

 

Schnitzer Steel Industries, Inc (Class A)

116,800

 

Shin-Etsu Chemical Co Ltd

48,119

 

Sika AG.

152,065

 

Stora Enso Oyj (R Shares)

1,341,900

 

Sumitomo Chemical Co Ltd

241,100

 

Sumitomo Metal Mining Co Ltd

158,848

*

Summit Materials, Inc

369,939

e

Svenska Cellulosa AB (B Shares)

341,684

 

Teck Cominco Ltd

9,000

 

Toray Industries, Inc

VALUE (000)

$3,318 24,352

426,700

7,161

5

216

9,478

1,272

4,159

23,948

10,613

3,566

12,816

2,209

21

2,933

85

105

12,767

4,293

8,173

30,788

38,041

1,638

14,162

9,236

14,213

5,792

3,428

8,277

73

280

1,062

957

6,460

1,269

2,014

1,551

5,425

9,275

12,231

36,725

1,986

10,601

6,430

12,110

3,032

21,366

20,542

13

2,706

511

280

17,746

15,920

2,983

6,144

12,215

4,934

7,183

13,797

47

338

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

20,355

 

Trimas Corp

$653

24,182

 

Trinseo plc

1,159

212,138

 

Umicore S.A.

9,170

25,842

e

UPM-Kymmene Oyj

844

112,930

 

Voestalpine AG.

3,360

120,838

 

Wheaton Precious Metals Corp

5,746

 

 

TOTAL MATERIALS

488,195

MEDIA & ENTERTAINMENT - 2.3%

 

 

 

 

1,413

*,e

AMC Entertainment Holdings, Inc

35

78

 

Cable One, Inc

114

195,835

*

Cinemark Holdings, Inc

3,384

1,183,063

 

Comcast Corp (Class A)

55,391

465

*,e

Discovery, Inc (Class A)

12

314,535

*

Discovery, Inc (Class C)

7,854

173,643

 

Electronic Arts, Inc

21,968

162,479

 

Gray Television, Inc

3,586

109,942

*

iHeartMedia, Inc

2,081

9,348

*

Imax Corp

177

1,140,341

*

Informa plc

8,935

110,370

 

Interpublic Group of Cos, Inc

3,913

14,063

 

John Wiley & Sons, Inc (Class A)

746

20,610

*

Liberty Broadband Corp (Class A)

2,701

188,270

*

Liberty Broadband Corp (Class C)

25,477

141,830

*

Netflix, Inc

53,128

62,705

 

New York Times Co (Class A)

2,874

40,200

 

Nintendo Co Ltd

20,291

324,289

 

Omnicom Group, Inc

27,526

2,083

 

Pearson plc

20

52,277

 

Publicis Groupe S.A.

3,173

5,556

*

Roku, Inc

696

31,159

 

Scholastic Corp

1,255

10,426

 

Seek Ltd

230

84,576

 

Sinclair Broadcast Group, Inc (Class A)

2,370

1,707,477

e

Sirius XM Holdings, Inc

11,303

9,104

*

Snap, Inc

328

87,300

*

Take-Two Interactive Software, Inc

13,421

9,574

 

TEGNA, Inc

214

195,838

*

TripAdvisor, Inc

5,311

1,068,882

*

Twitter, Inc

41,355

1,668

 

ViacomCBS, Inc (Class B)

63

121,660

*

Vimeo, Inc

1,445

319,074

 

Vivendi Universal S.A.

4,169

569,338

*

Walt Disney Co

78,090

6,997

e

World Wrestling Entertainment, Inc (Class A)

437

766,310

 

WPP plc

10,029

1,073,300

 

Z Holdings Corp

4,640

619

*

ZoomInfo Technologies, Inc

37

1,689,820

*

Zynga, Inc

15,614

 

 

TOTAL MEDIA & ENTERTAINMENT

434,393

PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.0%

 

56,930

*

Acadia Pharmaceuticals, Inc

1,379

77,531

*,e

Aerie Pharmaceuticals, Inc

706

250,486

 

Agilent Technologies, Inc

33,147

49,927

*

Agios Pharmaceuticals, Inc

1,453

201,497

 

Amgen, Inc

48,726

22,172

*

AnaptysBio, Inc

549

224,873

*

Antares Pharma, Inc

922

789,014

 

Astellas Pharma, Inc

12,328

328,364

 

AstraZeneca plc

43,545

12,920

 

AstraZeneca plc (ADR)

857

73,556

*

Atara Biotherapeutics, Inc

683

2,859

*,e

Axsome Therapeutics, Inc

118

339

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

107,053

*

Bausch Health Cos, Inc

$2,446

278,067

*

BioCryst Pharmaceuticals, Inc

4,521

65,581

*

Biogen, Inc

13,811

50,127

*

BioMarin Pharmaceutical, Inc

3,865

56,307

*

Bluebird Bio, Inc

273

808,410

 

Bristol-Myers Squibb Co

59,038

257,619

*,e

Canopy Growth Corp (Toronto)

1,954

469

*

Catalent, Inc

52

36,414

*

Chimerix, Inc

167

344,691

 

Chugai Pharmaceutical Co Ltd

11,502

58,062

*

Collegium Pharmaceutical, Inc

1,182

127,542

 

CSL Ltd

25,463

85,752

*

Curis, Inc

204

431,800

 

Daiichi Sankyo Co Ltd

9,429

243,269

 

Danaher Corp

71,358

117,600

 

Eisai Co Ltd

5,448

283,808

 

Eli Lilly & Co

81,274

2,088

*

Exact Sciences Corp

146

9,127

*

Genmab AS

3,296

408,868

 

Gilead Sciences, Inc

24,307

1,361,970

 

GlaxoSmithKline plc

29,469

35,779

*

Halozyme Therapeutics, Inc

1,427

72,695

*

Humanigen, Inc

219

18,136

*

Illumina, Inc

6,337

35,026

*

Insmed, Inc

823

99,229

*

Intra-Cellular Therapies, Inc

6,072

72,922

*

IQVIA Holdings, Inc

16,860

29,343

*

Jazz Pharmaceuticals plc

4,568

35,373

*,e

Karyopharm Therapeutics, Inc

261

26,425

 

Lonza Group AG.

19,148

34,997

*

MacroGenics, Inc

308

329,520

 

Merck & Co, Inc

27,037

64,945

 

Merck KGaA

13,563

6,448

*

Mettler-Toledo International, Inc

8,854

3,119

*

Mirati Therapeutics, Inc

256

391,846

 

Novo Nordisk AS

43,462

263,600

 

Ono Pharmaceutical Co Ltd

6,607

387,642

*,e

Opko Health, Inc

1,334

96,567

e

Orion Oyj (Class B)

4,386

45,551

 

Perrigo Co plc

1,751

70,172

*

Prothena Corp plc

2,566

99,790

*,e

Provention Bio, Inc

730

11,196

*

Regeneron Pharmaceuticals, Inc

7,820

15,548

*

Repligen Corp

2,924

80,012

*

Revance Therapeutics, Inc

1,560

154,231

 

Roche Holding AG.

61,023

18,000

 

Santen Pharmaceutical Co Ltd

180

116,300

 

Shionogi & Co Ltd

7,146

181,200

 

Sumitomo Dainippon Pharma Co Ltd

1,788

134,484

 

Thermo Fisher Scientific, Inc

79,433

103,681

 

UCB S.A.

12,400

30,351

*

Ultragenyx Pharmaceutical, Inc

2,204

155,385

*

Vertex Pharmaceuticals, Inc

40,551

17,175

*

Vifor Pharma AG.

3,062

20,594

*

Waters Corp

6,392

42,115

 

West Pharmaceutical Services, Inc

17,297

235,487

*,e

ZIOPHARM Oncology, Inc

154

255,546

 

Zoetis, Inc

48,193

15,799

*,e

Zogenix, Inc

11

 

 

TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES

952,325

REAL ESTATE - 1.9%

 

 

 

55,001

 

Alexandria Real Estate Equities, Inc

11,069

222,504

 

American Tower Corp

55,897

340

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

78,909

 

Boston Properties, Inc

$10,164

545,111

 

British Land Co plc

3,774

55,992

 

Brixmor Property Group, Inc

1,445

2,321,373

*

Capitaland Investment Ltd

6,802

416,653

 

CapitaMall Trust

689

32,768

 

CatchMark Timber Trust, Inc

269

92,378

 

CBRE Group, Inc

8,454

177,700

e

City Developments Ltd

1,027

50,977

 

Crown Castle International Corp

9,410

301,100

 

Daiwa House Industry Co Ltd

7,849

321,986

*

DiamondRock Hospitality Co

3,252

6,866

 

Douglas Emmett, Inc

230

40,063

 

Equinix, Inc

29,712

35,008

 

First Industrial Realty Trust, Inc

2,167

5,328

 

FirstService Corp

771

28,310

 

Fonciere Des Regions

2,253

55,983

 

Franklin Street Properties Corp

330

665

 

Gecina S.A.

84

565,550

 

Goodman Group

9,612

683,337

 

GPT Group

2,636

224,945

 

Healthpeak Properties Inc

7,722

3,679

*

Howard Hughes Corp

381

274,300

 

Hulic Co Ltd

2,461

945

 

Iron Mountain, Inc

52

30,104

e

iStar Inc

705

6,486

*

Jones Lang LaSalle, Inc

1,553

4,380

 

Kilroy Realty Corp

335

104,398

 

Klepierre

2,780

1,939

 

Land Securities Group plc

20

14,484

 

LEG Immobilien AG.

1,649

505,854

 

Lend Lease Corp Ltd

4,217

1,231,900

 

Link REIT

10,491

253,105

 

Macerich Co

3,959

1,039,835

 

Mirvac Group

1,928

559,000

 

Mitsubishi Estate Co Ltd

8,324

357,710

 

Mitsui Fudosan Co Ltd

7,656

97,100

 

Nomura Real Estate Holdings, Inc

2,325

443,687

 

Park Hotels & Resorts, Inc

8,665

374,201

 

Prologis, Inc

60,426

66,712

*

Realogy Holdings Corp

1,046

2,740

 

RMR Group, Inc

85

672,078

 

Segro plc

11,815

888,670

 

Stockland Trust Group

2,816

550,000

 

Swire Pacific Ltd (Class A)

3,345

1,291,200

 

Swire Properties Ltd

3,191

104,837

*

Unibail-Rodamco-Westfield

7,853

1,300

e

UOL Group Ltd

7

70,270

 

Ventas, Inc

4,340

182,973

 

Vicinity Centres

254

197,287

 

Welltower, Inc

18,967

258,918

 

Weyerhaeuser Co

9,813

63,158

*

Xenia Hotels & Resorts, Inc

1,218

 

 

TOTAL REAL ESTATE

358,295

RETAILING - 1.9%

 

 

 

45,506

*

1-800-FLOWERS.COM, Inc (Class A)

581

16,612

 

Advance Auto Parts, Inc

3,438

621

 

Best Buy Co, Inc

57

184

*

Burlington Stores, Inc

34

158

 

Canadian Tire Corp Ltd

24

2,874

*

CarMax, Inc

277

80,482

*,g

Delivery Hero AG.

3,508

749,147

 

eBay, Inc

42,896

13,700

 

Fast Retailing Co Ltd

7,023

341

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

7,052

*

Five Below, Inc

$1,117

10,059

*,e

Fiverr International Ltd

765

25,942

*

Genesco, Inc

1,650

679

 

Genuine Parts Co

86

289,675

e

Hennes & Mauritz AB (B Shares)

3,890

31,149

 

Hibbett Sports, Inc

1,381

296,032

 

Home Depot, Inc

88,611

266,617

 

Industria De Diseno Textil S.A.

5,814

776,503

*

JD Sports Fashion plc

1,496

24,243

 

Kering

15,305

250,761

 

Kingfisher plc

837

27,150

*

Lands' End, Inc

459

83,685

 

LKQ Corp

3,800

269,572

 

Lowe's Companies, Inc

54,505

466,002

 

Macy's, Inc

11,352

38,743

*

MarineMax, Inc

1,560

370

*

MercadoLibre, Inc

440

21,905

 

Next plc

1,723

569

 

Pool Corp

241

284,110

 

Prosus NV

15,321

157,019

*

Quotient Technology, Inc

1,002

144,672

*

RealReal, Inc

1,050

47,226

 

Ross Stores, Inc

4,272

1,746

*

Sally Beauty Holdings, Inc

27

34,896

 

Shoe Carnival, Inc

1,018

243,440

 

Target Corp

51,663

516,678

 

TJX Companies, Inc

31,300

17,329

 

Tractor Supply Co

4,044

62,274

 

Wesfarmers Ltd

2,337

874

 

Winmark Corp

192

44,752

*,g

Zalando SE

2,266

20,869

*

Zumiez, Inc

797

 

 

TOTAL RETAILING

368,159

SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.1%

 

414,647

 

Applied Materials, Inc

54,650

90,388

 

ASML Holding NV

60,399

23,227

*

Cirrus Logic, Inc

1,969

81,941

*

First Solar, Inc

6,862

1,465,565

 

Intel Corp

72,633

82,452

 

Lam Research Corp

44,327

558,190

 

NVIDIA Corp

152,308

236,780

 

NXP Semiconductors NV

43,823

681,596

*

ON Semiconductor Corp

42,675

19,466

*

Silicon Laboratories, Inc

2,924

374,060

 

Texas Instruments, Inc

68,633

45,200

 

Tokyo Electron Ltd

23,213

14,129

 

Universal Display Corp

2,359

29,210

*

Wolfspeed Inc

3,326

 

 

TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT

580,101

SOFTWARE & SERVICES - 7.7%

 

 

 

109,928

 

Accenture plc

37,071

158,646

*

Adobe, Inc

72,282

9,303

*

Anaplan, Inc

605

9,776

*

Ansys, Inc

3,105

22,621

*

Aspen Technology, Inc

3,741

184,161

*

Autodesk, Inc

39,475

250,427

 

Automatic Data Processing, Inc

56,982

157,497

*

Avaya Holdings Corp

1,996

59,147

*

Benefitfocus, Inc

746

92,944

*

Blackline, Inc

6,805

149,050

*

Cadence Design Systems, Inc

24,513

77,503

 

Cap Gemini S.A.

17,198

342

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

VALUE

SHARES

 

COMPANY

 

(000)

54,183

*

ChannelAdvisor Corp

$898

342

 

Citrix Systems, Inc

35

73,408

 

Computershare Ltd

1,349

29,501

 

Concentrix Corp

4,914

57,603

 

CSG Systems International, Inc

3,662

121,824

 

Dolby Laboratories, Inc (Class A)

9,529

480,056

*

DXC Technology Co

15,664

40,306

*

Elastic NV

3,585

61,603

*

ExlService Holdings, Inc

8,826

117,546

*

Five9, Inc

12,977

96,100

 

Fujitsu Ltd

14,398

34,416

*

HubSpot, Inc

16,346

440,193

 

International Business Machines Corp

57,234

112,996

 

Intuit, Inc

54,333

259,510

 

Mastercard, Inc (Class A)

92,744

1,444,046

 

Microsoft Corp

445,214

265,881

 

NEC Corp

11,170

94,110

*

New Relic, Inc

6,294

211,300

 

Nomura Research Institute Ltd

6,894

1,601

 

NortonLifelock, Inc

42

128,391

*

Nutanix, Inc

3,443

204,455

*

Okta, Inc

30,865

6,151

*

OneSpan, Inc

89

38,600

 

Otsuka Corp

1,369

30,261

*

Paylocity Holding Corp

6,227

542,164

*

PayPal Holdings, Inc

62,701

62,739

*

Perficient, Inc

6,907

29,937

*

Rapid7, Inc

3,330

333,884

*

salesforce.com, Inc

70,890

279,220

 

SAP AG.

30,945

99,922

*

ServiceNow, Inc

55,646

32,023

*

Shopify, Inc (Class A)

21,657

37,192

*

Smartsheet, Inc

2,037

451

*

Splunk, Inc

67

65,779

*

SPS Commerce, Inc

8,630

73,600

 

Sumisho Computer Systems Corp

1,259

119,055

*

SVMK, Inc

1,936

60,958

*

Teradata Corp

3,005

31,388

 

TTEC Holdings, Inc

2,590

341,426

 

VMware, Inc (Class A)

38,878

1,119

 

Western Union Co

21

86,827

*

WEX, Inc

15,494

160,866

 

Wisetech Global Ltd

6,055

178,727

*

Workday, Inc

42,798

9,773

*

Workiva, Inc

1,153

122,223

*

Xero Ltd

9,263

 

 

TOTAL SOFTWARE & SERVICES

1,457,882

TECHNOLOGY HARDWARE & EQUIPMENT - 2.1%

 

76,602

 

Avnet, Inc

3,109

3,200

 

Azbil Corp

106

64,337

 

Benchmark Electronics, Inc

1,611

141,665

*

Ciena Corp

8,589

1,397,469

 

Cisco Systems, Inc

77,923

214,138

 

Cognex Corp

16,521

48,700

 

CTS Corp

1,721

22,073

*

ePlus, Inc

1,237

55,107

*

Fabrinet

5,793

5,198

*

FARO Technologies, Inc

270

40,800

 

Fujifilm Holdings Corp

2,490

1,869,786

 

Hewlett Packard Enterprise Co

31,244

1,210,298

 

HP, Inc

43,934

16,400

 

Ibiden Co Ltd

800

41,421

*

Insight Enterprises, Inc

4,445

343

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

VALUE

SHARES

 

COMPANY

(000)

4,037

*

Itron, Inc

$213

50,374

 

Keyence Corp

23,359

174,806

*

Keysight Technologies, Inc

27,614

39,615

*

Kimball Electronics, Inc

792

134,929

*

Knowles Corp

2,905

15,513

*

Lumentum Holdings, Inc

1,514

8,736

 

Methode Electronics, Inc

378

4,828

 

Motorola Solutions, Inc

1,169

236,500

 

Murata Manufacturing Co Ltd

15,579

56,510

 

National Instruments Corp

2,294

601,450

*

Nokia Oyj

3,312

3,862

*

Novanta, Inc

550

57,800

 

Omron Corp

3,847

732

*

OSI Systems, Inc

62

44,932

*,e

PAR Technology Corp

1,813

64,222

*

Ribbon Communications, Inc

198

35,639

*

Rogers Corp

9,683

5,900

 

Shimadzu Corp

203

32,734

 

SYNNEX Corp

3,378

151,500

 

TDK Corp

5,466

490,188

*

Trimble Inc

35,362

191,199

*

TTM Technologies, Inc

2,834

76,602

 

Vishay Intertechnology, Inc

1,501

18,093

*

Vishay Precision Group, Inc

582

297,325

 

Vontier Corp

7,549

275,506

 

Xerox Holdings Corp

5,557

86,232

*

Zebra Technologies Corp (Class A)

35,674

 

 

TOTAL TECHNOLOGY HARDWARE & EQUIPMENT

393,181

TELECOMMUNICATION SERVICES - 1.3%

 

 

4,985,806

 

BT Group plc

11,888

10,000

 

HKT Trust and HKT Ltd

14

180,456

*

Iridium Communications, Inc

7,276

562,532

 

KDDI Corp

18,443

108,559

 

Koninklijke KPN NV

377

2,960

*

Liberty Global plc (Class A)

75

7,192

*

Liberty Global plc (Class C)

186

2,586

 

Lumen Technologies, Inc

29

285,900

 

Nippon Telegraph & Telephone Corp

8,306

1,155,137

 

Orange S. A.

13,678

185,118

 

Rogers Communications, Inc (Class B)

10,478

3,175,800

 

Singapore Telecommunications Ltd

6,167

1,298,600

 

Softbank Corp

15,146

6,454

 

Swisscom AG.

3,878

8,252

 

Tele2 AB (B Shares)

125

394,386

 

Telefonica Deutschland Holding AG.

1,073

210,023

 

Telenor ASA

3,014

322,622

e

TeliaSonera AB

1,294

14,204

 

TELUS Corp

371

403,389

*

T-Mobile US, Inc

51,775

1,403,771

 

Verizon Communications, Inc

71,508

10,574,178

 

Vodafone Group plc

17,339

 

 

TOTAL TELECOMMUNICATION SERVICES

242,440

TRANSPORTATION - 1.4%

 

 

 

115,400

*,e

All Nippon Airways Co Ltd

2,412

47,788

 

ArcBest Corp

3,847

147,420

*

Auckland International Airport Ltd

798

620,413

 

Aurizon Holdings Ltd

1,705

29,227

*

Avis Budget Group, Inc

7,696

208,562

 

Canadian National Railway Co

27,977

89,600

 

Central Japan Railway Co

11,683

60,733

 

CH Robinson Worldwide, Inc

6,542

1,392,369

 

CSX Corp

52,144

344

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

 

VALUE

SHARES

 

 

COMPANY

 

(000)

868,463

 

*

Delta Air Lines, Inc

$34,365

134,300

 

 

East Japan Railway Co

7,773

112,078

 

 

Expeditors International of Washington, Inc

11,562

100

 

 

Keio Corp

4

200

 

e

Kintetsu Corp

6

29,378

 

 

Kuehne & Nagel International AG.

8,341

459

 

 

Landstar System, Inc

69

1,712,864

 

 

MTR Corp

9,224

25,400

 

 

Nippon Express Holdings, Inc

1,745

108,678

 

e

Nippon Yusen Kabushiki Kaisha

9,507

125,968

 

 

Norfolk Southern Corp

35,929

56,984

 

 

Old Dominion Freight Line

17,020

85,700

 

 

SG Holdings Co Ltd

1,614

676,449

 

*,e

Singapore Airlines Ltd

2,726

1,590,805

 

 

Transurban Group

16,073

19,000

 

 

West Japan Railway Co

787

 

 

 

TOTAL TRANSPORTATION

271,549

UTILITIES - 1.9%

 

 

 

 

478,619

 

e

Algonquin Power & Utilities Corp

7,423

689

 

 

Alliant Energy Corp

43

307,354

 

 

American Electric Power Co, Inc

30,665

500,415

 

 

APA Group

3,977

1,300,000

 

 

CLP Holdings Ltd

12,649

11,970

 

 

CMS Energy Corp

837

207,239

 

 

Consolidated Edison, Inc

19,621

21,990

 

 

DTE Energy Co

2,907

2,787,323

 

 

Enel S.p.A.

18,610

911,108

 

 

Energias de Portugal S.A.

4,484

149,637

 

 

Eversource Energy

13,197

118,617

 

 

Fortis, Inc

5,867

1,974,921

 

 

Iberdrola S.A.

21,586

1,875

 

 

Mercury NZ Ltd

8

388,915

 

 

Meridian Energy Ltd

1,355

285,175

 

 

National Grid plc

4,383

202,403

 

e

Naturgy Energy Group S.A.

6,064

801,108

 

 

NextEra Energy, Inc

67,862

4,849

 

 

Origin Energy Ltd

23

89,625

 

*,g

Orsted AS

11,219

145,500

 

 

Osaka Gas Co Ltd

2,493

229,955

 

 

Public Service Enterprise Group, Inc

16,097

620,099

 

 

Scottish & Southern Energy plc

14,169

179,226

 

 

Sempra Energy

30,132

7,999

 

 

South Jersey Industries, Inc

276

557,169

 

 

Southern Co

40,400

20,822

 

*

Sunnova Energy International, Inc

480

181,100

 

e

Tokyo Gas Co Ltd

3,315

34,209

 

 

UGI Corp

1,239

125,061

 

 

WEC Energy Group, Inc

12,482

201,909

 

 

Xcel Energy, Inc

14,572

 

 

 

TOTAL UTILITIES

368,435

 

 

 

TOTAL COMMON STOCKS

11,146,857

 

 

 

(Cost $8,277,195)

 

PREFERRED STOCKS - 0.3%

 

 

 

 

BANKS - 0.1%

 

 

 

 

233,115

 

*,e

Federal Home Loan Mortgage Corp

723

740,991

 

*,e

Federal National Mortgage Association

2,386

345

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

VALUE

SHARES

 

COMPANY

(000)

490,000

 

First Republic Bank

$10,172

 

 

TOTAL BANKS

13,281

INSURANCE - 0.0%

 

 

 

 

180,000

e

Assurant, Inc

4,180

 

 

TOTAL INSURANCE

4,180

REAL ESTATE - 0.1%

 

 

 

 

390,000

e

Brookfield

Property Partners LP

8,018

695,000

 

Brookfield

Property Partners LP

14,651

 

 

TOTAL REAL ESTATE

22,669

UTILITIES - 0.1%

 

 

 

 

490,000

e

Brookfield Infrastructure Partners LP

10,079

308,000

e

Brookfield

Renewable Partners LP

6,979

 

 

TOTAL UTILITIES

17,058

 

 

TOTAL PREFERRED STOCKS

57,188

 

 

(Cost $88,178)

 

 

 

EXPIRATION

 

 

DATE

RIGHTS/WARRANTS - 0.0%

 

 

 

 

MEDIA & ENTERTAINMENT - 0.0%

 

 

 

 

38,808

† Media General, Inc

 

0

 

TOTAL MEDIA & ENTERTAINMENT

 

0

 

TOTAL RIGHTS/WARRANTS

0

 

(Cost $0)

 

 

 

 

 

 

 

 

MATURITY

 

PRINCIPAL

 

ISSUER

RATE

 

DATE

 

SHORT-TERM INVESTMENTS - 6.6%

 

 

 

 

 

GOVERNMENT AGENCY DEBT - 4.3%

 

 

 

 

 

$8,000,000

 

Federal Farm Credit Bank (FFCB)

0.000%

04/11/22

8,000

10,000,000

 

FFCB

0.000

04/13/22

9,999

20,000,000

 

FFCB

0.000

04/26/22

19,998

18,000,000

 

FFCB

0.000

05/02/22

17,993

10,000,000

 

FFCB

0.000

05/04/22

9,996

11,000,000

 

FFCB

0.000

05/17/22

10,994

13,750,000

 

FFCB

0.000

05/27/22

13,741

29,205,000

 

FFCB

0.000

06/08/22

29,171

17,427,000

 

FFCB

0.000

06/16/22

17,404

10,000,000

 

FFCB

0.000

07/06/22

9,980

19,231,000

 

FFCB

0.000

09/01/22

19,146

15,000,000

 

FFCB

0.000

09/13/22

14,928

35,842,000

 

Federal Home Loan Bank (FHLB)

0.000

04/01/22

35,842

50,000,000

 

FHLB

0.000

04/05/22

49,999

40,681,000

 

FHLB

0.000

04/06/22

40,680

10,000,000

 

FHLB

0.000

04/07/22

10,000

24,000,000

 

FHLB

0.000

04/08/22

23,999

12,500,000

 

FHLB

0.000

04/13/22

12,499

73,000,000

 

FHLB

0.000

04/18/22

72,994

18,695,000

 

FHLB

0.000

04/20/22

18,693

12,500,000

 

FHLB

0.000

04/22/22

12,499

10,000,000

 

FHLB

0.000

04/25/22

9,999

58,323,000

 

FHLB

0.000

05/05/22

58,300

10,000,000

 

FHLB

0.000

05/06/22

9,996

25,000,000

 

FHLB

0.000

05/11/22

24,988

14,600,000

 

FHLB

0.000

05/13/22

14,593

346

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

 

 

 

 

 

MATURITY

VALUE

PRINCIPAL

 

ISSUER

RATE

 

DATE

 

(000)

$20,000,000

 

FHLB

0.000%

05/18/22

 

$19,989

25,000,000

 

FHLB

0.000

05/23/22

 

24,985

25,000,000

 

FHLB

0.000

05/24/22

 

24,985

29,188,000

 

FHLB

0.000

05/25/22

 

29,170

25,000,000

 

FHLB

0.000

05/27/22

 

24,984

10,000,000

 

FHLB

0.000

06/06/22

 

9,989

10,000,000

 

FHLB

0.000

06/17/22

 

9,987

10,000,000

 

FHLB

0.000

06/30/22

 

9,984

30,000,000

 

FHLB

0.000

07/07/22

 

29,939

15,000,000

 

FHLB

0.000

07/15/22

 

14,967

10,300,000

 

FHLB

0.000

07/19/22

 

10,276

20,000,000

 

FHLB

0.000

08/04/22

 

19,937

8,000,000

 

FHLB

0.000

08/05/22

 

7,975

7,815,000

 

Tennessee Valley Authority (TVA)

0.000

04/06/22

 

7,815

 

 

TOTAL GOVERNMENT AGENCY DEBT

 

 

 

 

821,413

REPURCHASE AGREEMENT - 0.9%

 

 

 

 

 

 

 

160,520,000

r

Fixed Income Clearing Corp (FICC)

0.250

04/01/22

 

160,520

 

 

TOTAL REPURCHASE AGREEMENT

 

 

 

 

160,520

TREASURY DEBT - 0.3%

 

 

 

 

 

 

 

15,000,000

 

United States Treasury Bill

0.000

05/12/22

 

14,997

10,000,000

 

United States Treasury Bill

0.000

10/06/22

 

9,946

10,195,000

 

United States Treasury Note

2.250

04/15/22

 

10,203

25,000,000

 

United States Treasury Note

1.750

05/15/22

 

25,044

 

 

TOTAL TREASURY DEBT

 

 

 

 

60,190

SHARES

 

COMPANY

 

 

 

 

 

INVESTMENTS IN REGISTERED INVESTMENT COMPANIES - 1.1%

 

 

 

 

 

212,093,368

c

State Street Navigator Securities Lending Government Money Market Portfolio

0.290

 

 

 

212,093

 

 

TOTAL INVESTMENTS IN REGISTERED INVESTMENT COMPANIES

 

 

 

 

212,093

 

 

TOTAL SHORT-TERM INVESTMENTS

 

 

 

 

1,254,216

 

 

(Cost $1,254,665)

 

 

 

 

 

 

 

TOTAL INVESTMENTS - 105.0%

 

 

 

 

19,860,954

 

 

(Cost $17,327,057)

 

 

 

 

 

 

 

OTHER ASSETS & LIABILITIES, NET - (5.0)%

 

 

 

 

(949,685)

 

 

NET ASSETS - 100.0%

 

 

 

 

$18,911,269

 

ADR

American Depositary Receipt

 

 

 

 

 

 

CLP

Chilean Peso

 

 

 

 

 

 

CCRC

Congregate Care Retirement Center

 

 

 

 

 

 

EUR

Euro

 

 

 

 

 

 

LIBOR

London Interbank Offered Rate

 

 

 

 

 

 

M

Month

 

 

 

 

 

 

REIT

Real Estate Investment Trust

 

 

 

 

 

 

SOFR

Secure Overnight Financing Rate

 

 

 

 

 

^Amount represents less than $1,000. * Non-income producing

† Security is categorized as Level 3 in the fair value hierarchy.

‡ Perpetual security

c Investments made with cash collateral received from securities on loan.

e

All or a portion of these securities are out on loan. The aggregate value of securities on loan is $252,954,037.

g

Security is exempt from registration under Rule 144(A) of the Securities Act of 1933, as amended. Such securities are deemed liquid and may be resold in transactions

 

exempt from registration to qualified institutional buyers. At 3/31/22, the aggregate value of these securities is $1,993,782,563 or 10.5% of net assets.

hAll or a portion of these securities were purchased on a delayed delivery basis.

iFloating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

qIn default

rAgreement with Fixed Income Clearing Corp (FICC), 0.250% dated 3/31/22 to be repurchased at $160,520,000 on 4/1/22, collateralized by Government Agency Securities, with coupon rate 0.125% and maturity date 1/15/32, valued at $163,730,446.

Cost amounts are in thousands.

347

COLLEGE RETIREMENT EQUITIES FUND - Social Choice Account

Principal denominated in U.S. Dollars, unless otherwise noted.

348

COLLEGE RETIREMENT EQUITIES FUND - Notes to Schedules of Investments (unaudited)

Organization and significant accounting policies

Part F of Form N-PORT was prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report. For a full set of financial statement notes, please refer to the most recently filed annual or semiannual report.

Valuation of investments

The Funds’ investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes.

Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels:

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).

The following table summarizes the market value of the Funds’ investments as of March 31, 2022, based on the inputs used to value them:

Account

Level 1

Level 2

Level 3

Total

Stock

 

 

 

 

Corporate bonds

$—

$61

$—

$61

Common stocks

88,859,855

37,271,108

5,240

126,136,203

Preferred stocks

16

16

Rights/Warrants

15

1,527

26

1,568

Short-term investments

2,889,244

2,889,244

Written options**

(962)

(962)

Futures contracts**

56,163

56,163

Total

$88,915,071

$40,161,940

$5,282

$129,082,293

Global Equities

 

 

 

 

Corporate bonds

$—

$16

$—

$16

Common stocks

17,285,373

8,706,945

67

25,992,385

Rights/Warrants

273

273

Short-term investments

477,530

477,530

Futures contracts**

10,785

10,785

Total

$17,296,158

$9,184,764

$67

$26,480,989

Growth

 

 

 

 

Common stocks

$33,494,013

$774,069

$—

$34,268,082

Short-term investments

41,016

64,234

105,250

Written options**

(1,431)

(1,431)

Total

$33,533,598

$838,303

$—

$34,371,901

Equity Index

 

 

 

 

Common stocks

$23,788,117

$23

$270

$23,788,410

Rights/Warrants

1

1

Short-term investments

100,990

66,053

167,043

Futures contracts**

2,636

2,636

Total

$23,891,743

$66,077

$270

$23,958,090

349

COLLEGE RETIREMENT EQUITIES FUND - Notes to Schedules of Investments (unaudited)

Account

Level 1

Level 2

Level 3

Total

Bond Market

 

 

 

 

Bank loan obligations

$—

$95,835

$335

$96,170

Corporate bonds

4,775,059

4,977

4,780,036

Government bonds

5,108,494

12,680

5,121,174

Structured assets

2,184,364

348

2,184,712

Preferred stocks

6,376

6,376

Short-term investments

164,584

1,602,250

1,766,834

Futures contracts**

5,981

5,981

Forward foreign currency contracts**

2,028

2,028

Credit default swap contracts**

(317)

(317)

Total

 

$176,941

$13,767,713

$18,340

$13,962,994

Inflation-Linked Bond

 

 

 

 

Bank loan obligations

$—

$47,263

$—

$47,263

Corporate bonds

124,500

124,500

Government bonds

7,413,061

7,413,061

Structured assets

209,118

3,000

212,118

Short-term investments

48,193

53,232

101,425

Futures contracts**

4,568

4,568

Total

 

$52,761

$7,847,174

$3,000

$7,902,935

Social Choice

 

 

 

 

Bank loan obligations

$—

$15,563

$178

$15,741

Corporate bonds

3,090,126

3,090,126

Government bonds

3,471,050

1,220

3,472,270

Structured assets

816,457

8,099

824,556

Common stocks

8,229,472

2,917,385

11,146,857

Preferred stocks

57,188

57,188

Short-term investments

212,093

1,042,123

1,254,216

Total

 

$8,498,753

$11,352,704

$9,497

$19,860,954

**

Derivative instruments are not reflected in the

market value of portfolio investments.

 

 

 

A10944-B (5/22)

350