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, 2013

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 183 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spectra Energy 3.5 $36M 1.0M 35.62
Nextera Energy (NEE) 3.0 $31M 365k 85.62
NiSource (NI) 3.0 $31M 934k 32.88
Xcel Energy (XEL) 2.9 $30M 1.1M 27.94
Apple (AAPL) 2.8 $28M 50k 561.03
Duke Energy (DUK) 2.3 $24M 341k 69.01
Exxon Mobil Corporation (XOM) 2.1 $21M 210k 101.20
Google 1.6 $17M 15k 1120.68
Microsoft Corporation (MSFT) 1.5 $16M 420k 37.41
Alliant Energy Corporation (LNT) 1.5 $16M 306k 51.60
General Electric Company 1.5 $16M 555k 28.03
Southern Company (SO) 1.5 $15M 366k 41.11
Chunghwa Telecom Co Ltd - (CHT) 1.5 $15M 483k 30.96
JPMorgan Chase & Co. (JPM) 1.4 $14M 244k 58.48
Wells Fargo & Company (WFC) 1.4 $14M 306k 45.40
Pfizer (PFE) 1.2 $13M 408k 30.63
Transcanada Corp 1.1 $11M 250k 45.68
At&t (T) 1.1 $11M 315k 35.16
Enbridge (ENB) 1.1 $11M 250k 43.68
Citigroup (C) 1.1 $11M 209k 52.11
PT Telekomunikasi Indonesia (TLK) 1.1 $11M 299k 35.85
Integrys Energy 1.1 $11M 196k 54.41
Williams Companies (WMB) 1.0 $11M 274k 38.57
Procter & Gamble Company (PG) 1.0 $10M 127k 81.41
Verizon Communications (VZ) 0.9 $8.9M 182k 49.14
Philippine Long Distance Telephone 0.8 $8.6M 143k 60.08
Walt Disney Company (DIS) 0.8 $8.4M 111k 76.40
Macquarie Infrastructure Company 0.8 $8.4M 155k 54.43
Johnson & Johnson (JNJ) 0.8 $8.4M 91k 91.60
Chevron Corporation (CVX) 0.8 $8.3M 66k 124.92
International Business Machines (IBM) 0.8 $8.0M 43k 187.57
Qualcomm (QCOM) 0.8 $8.0M 108k 74.25
Home Depot (HD) 0.8 $7.7M 94k 82.34
Exelon Corporation (EXC) 0.8 $7.7M 280k 27.39
Gilead Sciences (GILD) 0.7 $7.5M 100k 75.10
Cisco Systems (CSCO) 0.7 $7.2M 323k 22.43
Pattern Energy 0.7 $7.3M 240k 30.31
Berkshire Hathaway (BRK.B) 0.7 $7.2M 61k 118.56
Comcast Corporation (CMCSA) 0.7 $7.0M 134k 51.97
Boeing Company (BA) 0.7 $6.7M 49k 136.48
Visa (V) 0.6 $6.5M 29k 222.67
Oracle Corporation (ORCL) 0.6 $6.5M 170k 38.26
Bristol Myers Squibb (BMY) 0.6 $6.4M 121k 53.15
CVS Caremark Corporation (CVS) 0.6 $6.5M 90k 71.57
Monsanto Company 0.6 $6.3M 54k 116.56
American Express Company (AXP) 0.6 $6.3M 69k 90.74
Ford Motor Company (F) 0.6 $6.1M 393k 15.43
iShares iBoxx $ High Yid Corp Bond (HYG) 0.6 $6.0M 65k 92.86
Abbvie (ABBV) 0.6 $5.9M 113k 52.81
Celgene Corporation 0.6 $5.7M 34k 168.96
Twenty-first Century Fox 0.5 $5.5M 157k 35.17
United Parcel Service (UPS) 0.5 $5.5M 52k 105.08
EOG Resources (EOG) 0.5 $5.4M 32k 167.84
Allergan 0.5 $5.3M 47k 111.07
Honeywell International (HON) 0.5 $5.3M 59k 91.38
American Electric Power Company (AEP) 0.5 $5.3M 114k 46.74
Express Scripts Holding 0.5 $5.3M 75k 70.24
Merck & Co (MRK) 0.5 $5.2M 104k 50.05
Occidental Petroleum Corporation (OXY) 0.5 $5.2M 55k 95.10
Time Warner 0.5 $5.1M 73k 69.73
Dow Chemical Company 0.5 $5.0M 112k 44.40
Colgate-Palmolive Company (CL) 0.5 $4.9M 76k 65.20
Lowe's Companies (LOW) 0.5 $4.7M 94k 49.55
Dollar General (DG) 0.5 $4.7M 78k 60.32
Mondelez Int (MDLZ) 0.5 $4.7M 134k 35.30
Starbucks Corporation (SBUX) 0.5 $4.6M 59k 78.39
iShares MSCI Brazil Index (EWZ) 0.5 $4.6M 102k 44.68
Goldman Sachs (GS) 0.4 $4.5M 26k 177.25
Caterpillar (CAT) 0.4 $4.5M 49k 90.81
Wal-Mart Stores (WMT) 0.4 $4.5M 58k 78.69
Invesco (IVZ) 0.4 $4.5M 123k 36.40
Bank of America Corporation (BAC) 0.4 $4.3M 276k 15.57
Costco Wholesale Corporation (COST) 0.4 $4.3M 36k 119.01
3M Company (MMM) 0.4 $4.3M 30k 140.25
Lockheed Martin Corporation (LMT) 0.4 $4.3M 29k 148.66
Hewlett-Packard Company 0.4 $4.3M 155k 27.98
EMC Corporation 0.4 $4.3M 171k 25.15
Prudential Financial (PRU) 0.4 $4.3M 46k 92.21
MasterCard Incorporated (MA) 0.4 $4.2M 5.1k 835.41
Yum! Brands (YUM) 0.4 $4.2M 55k 75.61
TJX Companies (TJX) 0.4 $4.2M 66k 63.73
Precision Castparts 0.4 $4.2M 16k 269.29
MetLife (MET) 0.4 $4.1M 77k 53.91
Capital One Financial (COF) 0.4 $4.1M 53k 76.62
Danaher Corporation (DHR) 0.4 $4.1M 53k 77.20
W.W. Grainger (GWW) 0.4 $4.0M 16k 255.40
Freeport-McMoRan Copper & Gold (FCX) 0.4 $3.9M 104k 37.74
Union Pacific Corporation (UNP) 0.4 $3.9M 23k 167.99
Target Corporation (TGT) 0.4 $3.8M 61k 63.27
U.S. Bancorp (USB) 0.4 $3.8M 93k 40.40
McDonald's Corporation (MCD) 0.4 $3.7M 39k 97.03
Raytheon Company 0.4 $3.7M 41k 90.70
Halliburton Company (HAL) 0.4 $3.7M 74k 50.75
Schlumberger (SLB) 0.4 $3.8M 42k 90.11
Apache Corporation 0.4 $3.6M 42k 85.94
Directv 0.4 $3.6M 53k 69.06
American International (AIG) 0.3 $3.6M 71k 51.05
PNC Financial Services (PNC) 0.3 $3.5M 45k 77.58
Baxter International (BAX) 0.3 $3.4M 49k 69.54
Adobe Systems Incorporated (ADBE) 0.3 $3.4M 56k 59.89
Johnson Controls 0.3 $3.4M 66k 51.31
Anadarko Petroleum Corporation 0.3 $3.4M 43k 79.33
Corning Incorporated (GLW) 0.3 $3.3M 184k 17.82
Cardinal Health (CAH) 0.3 $3.2M 49k 66.81
United Rentals (URI) 0.3 $3.2M 42k 77.96
Wynn Resorts (WYNN) 0.3 $3.3M 17k 194.22
State Street Corporation (STT) 0.3 $3.2M 43k 73.38
Franklin Resources (BEN) 0.3 $3.1M 55k 57.74
American Tower Reit (AMT) 0.3 $3.1M 40k 79.81
Chubb Corporation 0.3 $3.0M 31k 96.63
Bank of New York Mellon Corporation (BK) 0.3 $3.1M 88k 34.94
Bed Bath & Beyond 0.3 $3.1M 38k 80.29
Marsh & McLennan Companies (MMC) 0.3 $3.0M 62k 48.37
Becton, Dickinson and (BDX) 0.3 $3.0M 27k 110.49
Intuit (INTU) 0.3 $3.0M 39k 76.33
Beam 0.3 $2.9M 43k 68.07
Discover Financial Services (DFS) 0.3 $2.9M 52k 55.96
Abbott Laboratories (ABT) 0.3 $2.9M 75k 38.33
Carnival Corporation (CCL) 0.3 $2.8M 71k 40.17
Stanley Black & Decker (SWK) 0.3 $2.8M 35k 80.68
Newell Rubbermaid (NWL) 0.3 $2.8M 88k 32.41
Waste Management (WM) 0.3 $2.7M 61k 44.87
DaVita (DVA) 0.3 $2.8M 44k 63.37
Baker Hughes Incorporated 0.3 $2.8M 50k 55.26
Macy's (M) 0.3 $2.8M 52k 53.40
Marriott International (MAR) 0.3 $2.8M 56k 49.35
Dover Corporation (DOV) 0.3 $2.8M 29k 96.53
Mead Johnson Nutrition 0.3 $2.8M 33k 83.75
SanDisk Corporation 0.3 $2.7M 39k 70.54
Rockwell Automation (ROK) 0.3 $2.7M 23k 118.16
Kroger (KR) 0.3 $2.6M 66k 39.53
Motorola Solutions (MSI) 0.3 $2.7M 40k 67.51
Progressive Corporation (PGR) 0.2 $2.5M 93k 27.27
Citrix Systems 0.2 $2.6M 41k 63.25
Amgen (AMGN) 0.2 $2.6M 23k 114.08
Fluor Corporation (FLR) 0.2 $2.5M 32k 80.29
ConAgra Foods (CAG) 0.2 $2.6M 76k 33.70
Southwestern Energy Company 0.2 $2.6M 66k 39.33
Coca-Cola Company (KO) 0.2 $2.5M 60k 41.31
Sherwin-Williams Company (SHW) 0.2 $2.5M 14k 183.47
Harley-Davidson (HOG) 0.2 $2.5M 36k 69.25
DISH Network 0.2 $2.4M 42k 57.91
Broadcom Corporation 0.2 $2.5M 83k 29.64
Michael Kors Holdings 0.2 $2.4M 30k 81.20
L Brands 0.2 $2.4M 40k 61.84
Noble Energy 0.2 $2.3M 34k 68.10
Concho Resources 0.2 $2.3M 22k 108.02
Huntington Bancshares Incorporated (HBAN) 0.2 $2.2M 233k 9.65
Edwards Lifesciences (EW) 0.2 $2.2M 34k 65.76
CF Industries Holdings (CF) 0.2 $2.2M 9.4k 233.01
Mosaic (MOS) 0.2 $2.3M 48k 47.27
Northrop Grumman Corporation (NOC) 0.2 $2.2M 19k 114.59
Vulcan Materials Company (VMC) 0.2 $2.2M 37k 59.42
Morgan Stanley (MS) 0.2 $2.1M 67k 31.35
Safeway 0.2 $2.1M 65k 32.58
National-Oilwell Var 0.2 $2.1M 26k 79.52
Energizer Holdings 0.2 $2.1M 20k 108.25
Calpine Corporation 0.2 $2.1M 109k 19.51
Marathon Petroleum Corp (MPC) 0.2 $2.1M 23k 91.75
FedEx Corporation (FDX) 0.2 $2.0M 14k 143.76
Philip Morris International (PM) 0.2 $2.1M 24k 87.15
BorgWarner (BWA) 0.2 $2.0M 36k 55.90
United States Steel Corporation (X) 0.2 $2.1M 71k 29.49
BlackRock (BLK) 0.2 $2.0M 6.2k 316.46
Foot Locker (FL) 0.2 $1.9M 47k 41.43
Ametek (AME) 0.2 $2.0M 37k 52.66
Nabors Industries 0.2 $1.9M 112k 16.99
Campbell Soup Company (CPB) 0.2 $1.9M 43k 43.28
VMware 0.2 $1.8M 20k 89.72
Taiwan Fund (TWN) 0.2 $1.8M 93k 19.32
UnitedHealth (UNH) 0.2 $1.7M 23k 75.31
Hershey Company (HSY) 0.2 $1.7M 18k 97.24
J.M. Smucker Company (SJM) 0.2 $1.7M 16k 103.60
Republic Services (RSG) 0.2 $1.6M 49k 33.20
Libertyinteractivecorp lbtventcoma 0.2 $1.6M 13k 122.56
Kellogg Company (K) 0.1 $1.5M 25k 61.07
Hollyfrontier Corp 0.1 $1.3M 27k 49.70
Mobile TeleSystems OJSC 0.1 $792k 37k 21.64
Credicorp (BAP) 0.1 $703k 5.3k 132.64
FirstEnergy (FE) 0.1 $627k 19k 32.99
Southern Copper Corporation (SCCO) 0.0 $399k 14k 28.71
Compania de Minas Buenaventura SA (BVN) 0.0 $168k 15k 11.20
Ocean Power Technologies 0.0 $215k 112k 1.92