B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund as of Dec. 31, 2014

Portfolio Holdings for B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund

B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund holds 194 positions in its portfolio as reported in the December 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
NiSource (NI) 4.3 $45M 1.0M 42.42
Xcel Energy (XEL) 3.6 $38M 1.0M 35.92
Nextera Energy (NEE) 3.2 $33M 314k 106.29
Apple (AAPL) 3.1 $32M 288k 110.38
Spectra Energy 2.9 $30M 835k 36.30
Duke Energy (DUK) 2.3 $24M 289k 83.54
Alliant Energy Corporation (LNT) 1.9 $20M 301k 66.42
Southern Company (SO) 1.7 $18M 360k 49.11
Enbridge (ENB) 1.6 $17M 330k 51.58
Exxon Mobil Corporation (XOM) 1.6 $16M 176k 92.45
Microsoft Corporation (MSFT) 1.5 $16M 342k 46.45
Chunghwa Telecom Co Ltd - (CHT) 1.4 $14M 483k 29.43
PT Telekomunikasi Indonesia (TLK) 1.3 $14M 299k 45.23
Macquarie Infrastructure Company 1.2 $13M 181k 71.09
Westar Energy 1.2 $13M 310k 41.24
Wells Fargo & Company (WFC) 1.2 $12M 226k 54.82
JPMorgan Chase & Co. (JPM) 1.2 $12M 196k 62.58
General Electric Company 1.2 $12M 487k 25.27
Exelon Corporation (EXC) 1.2 $12M 329k 37.08
Pfizer (PFE) 1.0 $11M 346k 31.15
Williams Companies (WMB) 1.0 $11M 241k 44.94
Pattern Energy 0.9 $9.7M 395k 24.66
Walt Disney Company (DIS) 0.9 $9.1M 97k 94.19
Philippine Long Distance Telephone 0.9 $9.1M 143k 63.29
Coca-Cola Company (KO) 0.8 $8.7M 207k 42.22
Citigroup (C) 0.8 $8.7M 162k 54.11
Johnson & Johnson (JNJ) 0.8 $8.4M 80k 104.57
Procter & Gamble Company (PG) 0.8 $8.4M 92k 91.09
Gilead Sciences (GILD) 0.8 $8.3M 88k 94.26
Berkshire Hathaway (BRK.B) 0.8 $8.0M 53k 150.15
Pepsi (PEP) 0.8 $8.0M 85k 94.56
Home Depot (HD) 0.8 $7.9M 76k 104.98
Cisco Systems (CSCO) 0.8 $7.9M 284k 27.81
At&t (T) 0.7 $7.4M 221k 33.59
Visa (V) 0.7 $7.4M 28k 262.19
Amgen (AMGN) 0.7 $7.2M 45k 159.30
Qualcomm (QCOM) 0.7 $7.1M 95k 74.33
Union Pacific Corporation (UNP) 0.7 $7.0M 59k 119.12
CVS Caremark Corporation (CVS) 0.7 $7.0M 73k 96.30
American Electric Power Company (AEP) 0.7 $6.9M 114k 60.72
Facebook Inc cl a (META) 0.7 $6.9M 88k 78.02
Oracle Corporation (ORCL) 0.7 $6.7M 149k 44.97
Chevron Corporation (CVX) 0.6 $6.5M 58k 112.17
Abbvie (ABBV) 0.6 $6.5M 99k 65.44
United Technologies Corporation 0.6 $6.3M 55k 115.00
Google 0.6 $6.2M 12k 530.68
Google Inc Class C 0.6 $6.2M 12k 526.36
Bristol Myers Squibb (BMY) 0.6 $5.9M 101k 59.03
iShares iBoxx $ High Yid Corp Bond (HYG) 0.6 $5.8M 65k 89.65
Verizon Communications (VZ) 0.6 $5.7M 121k 46.78
MasterCard Incorporated (MA) 0.5 $5.6M 65k 86.16
American Express Company (AXP) 0.5 $5.6M 61k 93.05
Boeing Company (BA) 0.5 $5.6M 43k 129.97
Comcast Corporation (CMCSA) 0.5 $5.4M 93k 58.01
Time Warner 0.5 $5.4M 64k 85.42
FedEx Corporation (FDX) 0.5 $5.4M 31k 173.65
Hewlett-Packard Company 0.5 $5.5M 136k 40.13
Goldman Sachs (GS) 0.5 $5.3M 27k 193.83
Merck & Co (MRK) 0.5 $5.3M 93k 56.79
Lowe's Companies (LOW) 0.5 $5.2M 76k 68.80
Celgene Corporation 0.5 $5.2M 47k 111.86
Honeywell International (HON) 0.5 $5.1M 51k 99.93
United Parcel Service (UPS) 0.5 $5.0M 45k 111.17
International Business Machines (IBM) 0.5 $5.0M 31k 160.44
Target Corporation (TGT) 0.5 $5.0M 65k 75.91
Schlumberger (SLB) 0.5 $4.8M 57k 85.41
Express Scripts Holding 0.5 $4.8M 57k 84.67
Twenty-first Century Fox 0.5 $4.9M 127k 38.41
UnitedHealth (UNH) 0.5 $4.8M 47k 101.08
Costco Wholesale Corporation (COST) 0.4 $4.5M 32k 141.76
Colgate-Palmolive Company (CL) 0.4 $4.6M 67k 69.19
Monsanto Company 0.4 $4.4M 37k 119.46
Ford Motor Company (F) 0.4 $4.4M 286k 15.50
EMC Corporation 0.4 $4.5M 150k 29.74
Bank of America Corporation (BAC) 0.4 $4.3M 242k 17.89
Dow Chemical Company 0.4 $4.4M 96k 45.61
Morgan Stanley (MS) 0.4 $4.4M 113k 38.80
Starbucks Corporation (SBUX) 0.4 $4.4M 54k 82.05
Invesco (IVZ) 0.4 $4.3M 108k 39.52
Caterpillar (CAT) 0.4 $4.0M 43k 91.53
McDonald's Corporation (MCD) 0.4 $3.9M 42k 93.69
Danaher Corporation (DHR) 0.4 $4.0M 47k 85.72
TJX Companies (TJX) 0.4 $4.0M 58k 68.58
Capital One Financial (COF) 0.4 $3.8M 47k 82.55
Discover Financial Services (DFS) 0.4 $3.8M 58k 65.48
Baxter International (BAX) 0.4 $3.7M 51k 73.30
United Rentals (URI) 0.4 $3.7M 36k 102.00
Kroger (KR) 0.4 $3.7M 58k 64.21
U.S. Bancorp (USB) 0.3 $3.7M 82k 44.95
Prudential Financial (PRU) 0.3 $3.7M 41k 90.47
MetLife (MET) 0.3 $3.6M 67k 54.08
Directv 0.3 $3.6M 42k 86.71
PNC Financial Services (PNC) 0.3 $3.6M 39k 91.24
3M Company (MMM) 0.3 $3.6M 22k 164.33
Yum! Brands (YUM) 0.3 $3.5M 48k 72.86
Allergan 0.3 $3.5M 17k 212.60
ConocoPhillips (COP) 0.3 $3.6M 52k 69.06
American International (AIG) 0.3 $3.5M 62k 56.01
American Tower Reit (AMT) 0.3 $3.4M 35k 98.85
SanDisk Corporation 0.3 $3.3M 34k 97.98
Halliburton Company (HAL) 0.3 $3.3M 83k 39.33
Precision Castparts 0.3 $3.3M 14k 240.86
Ralph Lauren Corp (RL) 0.3 $3.2M 18k 185.15
Bank of New York Mellon Corporation (BK) 0.3 $3.1M 78k 40.57
Sherwin-Williams Company (SHW) 0.3 $3.1M 12k 263.06
Las Vegas Sands (LVS) 0.3 $3.1M 54k 58.16
Anadarko Petroleum Corporation 0.3 $3.1M 38k 82.50
Marsh & McLennan Companies (MMC) 0.3 $3.1M 55k 57.24
Marriott International (MAR) 0.3 $3.1M 40k 78.04
Amazon (AMZN) 0.3 $3.1M 10k 310.34
Broadcom Corporation 0.3 $3.2M 73k 43.33
Cardinal Health (CAH) 0.3 $3.0M 37k 80.72
Stanley Black & Decker (SWK) 0.3 $3.0M 31k 96.09
Macy's (M) 0.3 $3.0M 45k 65.75
Kraft Foods 0.3 $3.1M 49k 62.65
L Brands 0.3 $3.0M 35k 86.54
Newell Rubbermaid (NWL) 0.3 $2.9M 77k 38.09
Mead Johnson Nutrition 0.3 $2.9M 29k 100.53
Dollar General (DG) 0.3 $2.9M 42k 70.70
Chubb Corporation 0.3 $2.8M 27k 103.48
CBS Corporation 0.3 $2.8M 50k 55.35
Reynolds American 0.3 $2.8M 43k 64.27
Johnson Controls 0.3 $2.8M 58k 48.33
Delta Air Lines (DAL) 0.3 $2.8M 57k 49.19
Waste Management (WM) 0.3 $2.7M 53k 51.33
Intel Corporation (INTC) 0.3 $2.7M 75k 36.29
Alcoa 0.3 $2.7M 169k 15.79
Occidental Petroleum Corporation (OXY) 0.3 $2.7M 34k 80.61
Lockheed Martin Corporation (LMT) 0.2 $2.6M 14k 192.60
Hershey Company (HSY) 0.2 $2.6M 25k 103.93
Boston Scientific Corporation (BSX) 0.2 $2.5M 185k 13.25
EOG Resources (EOG) 0.2 $2.5M 27k 92.07
Zimmer Holdings (ZBH) 0.2 $2.5M 22k 113.41
Devon Energy Corporation (DVN) 0.2 $2.3M 38k 61.20
Northrop Grumman Corporation (NOC) 0.2 $2.4M 17k 147.39
E.I. du Pont de Nemours & Company 0.2 $2.4M 32k 73.94
Michael Kors Holdings 0.2 $2.4M 32k 75.09
Citrix Systems 0.2 $2.3M 36k 63.81
Freeport-McMoRan Copper & Gold (FCX) 0.2 $2.3M 99k 23.36
Rockwell Automation (ROK) 0.2 $2.3M 20k 111.20
Huntington Bancshares Incorporated (HBAN) 0.2 $2.1M 204k 10.52
Progressive Corporation (PGR) 0.2 $2.2M 82k 26.99
Carnival Corporation (CCL) 0.2 $2.2M 49k 45.32
Energizer Holdings 0.2 $2.2M 17k 128.54
J.M. Smucker Company (SJM) 0.2 $2.2M 21k 100.99
Estee Lauder Companies (EL) 0.2 $2.1M 28k 76.20
Key (KEY) 0.2 $2.2M 160k 13.90
Bunge 0.2 $2.1M 23k 90.89
Harley-Davidson (HOG) 0.2 $2.1M 31k 65.92
Vulcan Materials Company (VMC) 0.2 $2.1M 32k 65.72
Calpine Corporation 0.2 $2.1M 96k 22.13
BlackRock (BLK) 0.2 $1.9M 5.4k 357.49
Noble Energy 0.2 $1.9M 41k 47.42
Aetna 0.2 $2.0M 22k 88.84
Texas Instruments Incorporated (TXN) 0.2 $2.0M 38k 53.47
Wal-Mart Stores (WMT) 0.2 $1.9M 22k 85.89
J.B. Hunt Transport Services (JBHT) 0.2 $1.9M 23k 84.24
Foot Locker (FL) 0.2 $1.9M 33k 56.18
Mosaic (MOS) 0.2 $1.9M 42k 45.66
Marathon Petroleum Corp (MPC) 0.2 $1.8M 21k 90.28
Adobe Systems Incorporated (ADBE) 0.2 $1.8M 24k 72.70
Comerica Incorporated (CMA) 0.2 $1.8M 39k 46.84
BorgWarner (BWA) 0.2 $1.8M 32k 54.95
Republic Services (RSG) 0.2 $1.7M 43k 40.24
Fluor Corporation (FLR) 0.2 $1.7M 28k 60.64
Philip Morris International (PM) 0.2 $1.7M 21k 81.44
Ametek (AME) 0.2 $1.7M 33k 52.63
Apache Corporation 0.1 $1.5M 25k 62.65
Edwards Lifesciences (EW) 0.1 $1.6M 12k 127.38
National-Oilwell Var 0.1 $1.5M 23k 65.53
Southwestern Energy Company 0.1 $1.6M 58k 27.29
Concho Resources 0.1 $1.4M 14k 99.72
VMware 0.1 $1.5M 18k 82.54
Crown Castle Intl (CCI) 0.1 $1.4M 18k 78.70
salesforce (CRM) 0.1 $1.2M 20k 59.33
United States Steel Corporation (X) 0.1 $1.3M 48k 26.74
Cognizant Technology Solutions (CTSH) 0.1 $1.1M 20k 52.65
Intuit (INTU) 0.1 $1.1M 12k 92.23
Nabors Industries 0.1 $997k 77k 12.98
Cobalt Intl Energy 0.1 $1.0M 117k 8.89
Abbott Laboratories (ABT) 0.1 $932k 21k 45.04
Credicorp (BAP) 0.1 $945k 5.9k 160.17
Eli Lilly & Co. (LLY) 0.1 $879k 13k 69.03
Hollyfrontier Corp 0.1 $876k 23k 37.46
Outfront Media (OUT) 0.1 $851k 32k 26.85
Baker Hughes Incorporated 0.1 $762k 14k 56.07
eBay (EBAY) 0.1 $764k 14k 56.15
Motorola Solutions (MSI) 0.1 $757k 11k 67.06
Mobile TeleSystems OJSC 0.1 $628k 87k 7.19
Southern Copper Corporation (SCCO) 0.1 $499k 18k 28.19
Compania de Minas Buenaventura SA (BVN) 0.0 $254k 27k 9.55
Ocean Power Technologies 0.0 $71k 112k 0.63
Now (DNOW) 0.0 $149k 5.8k 25.78
California Resources 0.0 $75k 14k 5.54