Clifton Group Investment Management Company

Clifton Group Investment Management Company as of Dec. 31, 2011

Portfolio Holdings for Clifton Group Investment Management Company

Clifton Group Investment Management Company holds 197 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 28.3 $97M 767k 126.27
iShares Russell 1000 Index (IWB) 10.0 $34M 493k 69.37
iShares MSCI EAFE Index Fund (EFA) 7.9 $27M 543k 49.53
iShares MSCI Emerging Markets Indx (EEM) 7.6 $26M 687k 37.94
SPDR Gold Trust (GLD) 6.5 $22M 146k 151.99
iShares Gold Trust 6.5 $22M 1.5M 15.23
iShares Lehman Aggregate Bond (AGG) 3.3 $11M 101k 110.27
Vanguard Total Bond Market ETF (BND) 3.0 $10M 123k 83.54
iShares Russell 2000 Value Index (IWN) 2.9 $9.7M 148k 65.64
Vanguard Emerging Markets ETF (VWO) 2.2 $7.6M 200k 38.21
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 2.1 $7.4M 71k 104.34
Eaton Vance Tax Managed Buy Write Opport (ETV) 2.1 $7.1M 606k 11.72
Federated Enhanced Treasury 2.0 $6.8M 477k 14.35
Vanguard Short-Term Bond ETF (BSV) 1.7 $5.7M 71k 80.84
SPDR Barclays Capital Aggregate Bo (SPAB) 1.3 $4.5M 77k 58.52
Eaton Vance Tax-Managed Buy-Write Income (ETB) 1.3 $4.3M 338k 12.84
Automatic Data Processing (ADP) 0.9 $3.2M 59k 54.40
International Business Machines (IBM) 0.5 $1.9M 10k 183.86
3M Company (MMM) 0.5 $1.7M 20k 81.72
Vanguard Intermediate-Term Bond ETF (BIV) 0.5 $1.6M 18k 86.95
Nuveen Equity Premium and Growth Fund (SPXX) 0.4 $1.5M 123k 12.07
Procter & Gamble Company (PG) 0.4 $1.3M 20k 66.72
Johnson & Johnson (JNJ) 0.4 $1.3M 19k 65.60
AllianceBernstein Income Fund 0.3 $1.2M 142k 8.29
Pepsi (PEP) 0.3 $1.1M 16k 66.88
Vanguard Admiral Shares Taxable (VFSUX) 0.3 $1.1M 100k 10.66
iShares Russell 1000 Growth Index (IWF) 0.3 $1.0M 18k 57.78
Nuveen Equity Premium Income Fund (BXMX) 0.3 $1.0M 90k 11.18
iShares Barclays Govnment/Cdit Bond (GBF) 0.3 $890k 7.8k 114.10
Microsoft Corporation (MSFT) 0.2 $815k 31k 25.96
iShares Brclys Intrdte Gov/Crt Bd (GVI) 0.2 $613k 5.5k 111.45
Sda - Merrill Lynch Structured N 0.2 $608k 65k 9.40
Mkf - Merrill Lynch Mitts 0.1 $501k 43k 11.79
Abbott Laboratories (ABT) 0.1 $450k 8.0k 56.25
Mhm - Merrill Lynch Mitts 0.1 $456k 49k 9.23
iShares Lehman MBS Bond Fund (MBB) 0.1 $379k 3.5k 108.29
Mla - Merrill Lynch Mitts 0.1 $377k 36k 10.56
Smu - Citi Global 0.1 $364k 39k 9.39
Delaware Inv Mn Mun Inc Fd I 0.1 $274k 20k 13.52
McDonald's Corporation (MCD) 0.1 $231k 2.3k 100.43
iShares Barclays TIPS Bond Fund (TIP) 0.1 $228k 2.0k 116.92
Cabot Oil & Gas Corporation (CTRA) 0.1 $190k 2.5k 76.00
Total System Services 0.1 $159k 8.1k 19.63
AutoNation (AN) 0.1 $162k 4.4k 36.82
Exxon Mobil Corporation (XOM) 0.1 $178k 2.1k 84.76
Chevron Corporation (CVX) 0.1 $181k 1.7k 106.47
H&R Block (HRB) 0.1 $175k 11k 16.51
Goodyear Tire & Rubber Company (GT) 0.1 $154k 11k 14.13
Cintas Corporation (CTAS) 0.1 $164k 4.7k 34.89
Big Lots (BIG) 0.1 $159k 4.2k 37.86
Dean Foods Company 0.1 $162k 15k 11.17
Tesoro Corporation 0.1 $164k 7.0k 23.43
Novellus Systems 0.1 $161k 3.9k 41.28
SPDR S&P MidCap 400 ETF (MDY) 0.1 $160k 1.0k 160.00
NRG Energy (NRG) 0.0 $127k 7.0k 18.14
Assurant (AIZ) 0.0 $140k 3.4k 41.18
People's United Financial 0.0 $127k 9.9k 12.83
Nasdaq Omx (NDAQ) 0.0 $137k 5.6k 24.46
Equifax (EFX) 0.0 $139k 3.6k 38.61
Coca-Cola Company (KO) 0.0 $126k 1.8k 70.00
Wal-Mart Stores (WMT) 0.0 $120k 2.0k 60.00
Lennar Corporation (LEN) 0.0 $141k 7.2k 19.58
Pulte (PHM) 0.0 $122k 19k 6.32
Hudson City Ban 0.0 $135k 22k 6.25
International Game Technology 0.0 $136k 7.9k 17.22
Leggett & Platt (LEG) 0.0 $137k 5.9k 23.22
Molex Incorporated 0.0 $140k 5.8k 24.14
R.R. Donnelley & Sons Company 0.0 $120k 8.3k 14.46
Ryder System (R) 0.0 $138k 2.6k 53.08
Snap-on Incorporated (SNA) 0.0 $127k 2.5k 50.80
Dun & Bradstreet Corporation 0.0 $127k 1.7k 74.71
Suno 0.0 $139k 3.4k 40.88
Supervalu 0.0 $123k 15k 8.15
Apartment Investment and Management 0.0 $126k 5.5k 22.91
International Flavors & Fragrances (IFF) 0.0 $127k 2.4k 52.92
Bemis Company 0.0 $123k 4.1k 30.00
TECO Energy 0.0 $144k 7.5k 19.20
Cincinnati Financial Corporation (CINF) 0.0 $131k 4.3k 30.82
Interpublic Group of Companies (IPG) 0.0 $127k 13k 9.69
DeVry 0.0 $120k 3.1k 38.71
NiSource (NI) 0.0 $126k 5.3k 23.77
Apollo 0.0 $124k 2.3k 53.91
Torchmark Corporation 0.0 $139k 3.2k 43.44
LSI Corporation 0.0 $135k 23k 5.95
Patterson Companies (PDCO) 0.0 $133k 4.5k 29.56
Lexmark International 0.0 $129k 3.9k 33.08
Washington Post Company 0.0 $132k 350.00 377.14
Gannett 0.0 $124k 9.2k 13.48
Coventry Health Care 0.0 $146k 4.8k 30.42
D.R. Horton (DHI) 0.0 $140k 11k 12.61
FLIR Systems 0.0 $120k 4.8k 25.00
Robert Half International (RHI) 0.0 $131k 4.6k 28.48
Constellation Brands (STZ) 0.0 $128k 6.2k 20.65
Quanta Services (PWR) 0.0 $142k 6.6k 21.52
GameStop (GME) 0.0 $140k 5.8k 24.14
Hormel Foods Corporation (HRL) 0.0 $152k 5.2k 29.23
Jabil Circuit (JBL) 0.0 $132k 6.7k 19.70
Pepco Holdings 0.0 $146k 7.2k 20.28
Rowan Companies 0.0 $121k 4.0k 30.25
Titanium Metals Corporation 0.0 $121k 8.1k 14.94
Integrys Energy 0.0 $146k 2.7k 54.07
Teradyne (TER) 0.0 $131k 9.6k 13.65
PowerShares QQQ Trust, Series 1 0.0 $128k 2.3k 55.65
Diamond Offshore Drilling 0.0 $116k 2.1k 55.24
E TRADE Financial Corporation 0.0 $88k 11k 8.00
CMS Energy Corporation (CMS) 0.0 $113k 5.1k 22.16
FirstEnergy (FE) 0.0 $115k 2.6k 44.23
Tenet Healthcare Corporation 0.0 $115k 23k 5.11
DENTSPLY International 0.0 $95k 2.7k 35.19
Federated Investors (FHI) 0.0 $97k 6.4k 15.16
MeadWestva 0.0 $105k 3.5k 30.00
Pitney Bowes (PBI) 0.0 $113k 6.1k 18.52
Sealed Air (SEE) 0.0 $103k 6.0k 17.17
Airgas 0.0 $117k 1.5k 78.00
Avery Dennison Corporation (AVY) 0.0 $103k 3.6k 28.61
Tellabs 0.0 $97k 24k 4.02
Masco Corporation (MAS) 0.0 $119k 11k 10.44
Helmerich & Payne (HP) 0.0 $111k 1.9k 58.42
Compuware Corporation 0.0 $106k 13k 8.28
PerkinElmer (RVTY) 0.0 $116k 5.8k 20.00
Harman International Industries 0.0 $118k 3.1k 38.06
Abercrombie & Fitch (ANF) 0.0 $117k 2.4k 48.75
Nicor 0.0 $110k 2.6k 42.44
Iron Mountain Incorporated 0.0 $118k 3.8k 31.05
Meredith Corporation 0.0 $88k 2.7k 32.59
Advanced Micro Devices (AMD) 0.0 $105k 20k 5.38
Wyndham Worldwide Corporation 0.0 $113k 3.0k 37.67
First Horizon National Corporation (FHN) 0.0 $107k 13k 7.99
Saic 0.0 $113k 9.2k 12.28
Owens-Illinois 0.0 $103k 5.3k 19.43
Zions Bancorporation (ZION) 0.0 $106k 6.5k 16.31
JDS Uniphase Corporation 0.0 $111k 11k 10.47
SCANA Corporation 0.0 $109k 2.4k 45.42
AK Steel Holding Corporation 0.0 $90k 11k 8.26
Urban Outfitters (URBN) 0.0 $113k 4.1k 27.56
Bank Of Montreal Cadcom (BMO) 0.0 $93k 1.7k 54.71
Scripps Networks Interactive 0.0 $115k 2.7k 42.59
Pinnacle West Capital Corporation (PNW) 0.0 $106k 2.2k 48.18
MetroPCS Communications 0.0 $106k 12k 8.69
Mhw - Bank Of America Structured 0.0 $89k 9.5k 9.33
American Express Company (AXP) 0.0 $73k 1.6k 47.10
Walt Disney Company (DIS) 0.0 $65k 1.7k 38.24
Dow Chemical Company 0.0 $52k 1.8k 28.89
E.I. du Pont de Nemours & Company 0.0 $82k 1.8k 45.56
Merck & Co (MRK) 0.0 $65k 1.7k 38.24
Sears Holdings Corporation 0.0 $70k 2.2k 31.82
Monster Worldwide 0.0 $71k 9.0k 7.89
MEMC Electronic Materials 0.0 $74k 19k 3.94
QLogic Corporation 0.0 $83k 5.5k 15.09
Expedia (EXPE) 0.0 $55k 1.9k 28.95
Huntington Bancshares Incorporated (HBAN) 0.0 $42k 7.7k 5.45
Hasbro (HAS) 0.0 $38k 1.2k 31.67
Genworth Financial (GNW) 0.0 $44k 6.7k 6.57
JPMorgan Chase & Co. (JPM) 0.0 $20k 600.00 33.33
Leucadia National 0.0 $41k 1.8k 22.78
Legg Mason 0.0 $41k 1.7k 24.12
Exxon Mobil Corporation (XOM) 0.0 $21k 21.00 1000.00
Hospira 0.0 $43k 1.4k 30.71
General Electric Company 0.0 $27k 1.5k 18.00
J.C. Penney Company 0.0 $42k 1.2k 35.00
Wells Fargo & Company (WFC) 0.0 $22k 800.00 27.50
Boeing Company (BA) 0.0 $44k 600.00 73.33
Harris Corporation 0.0 $40k 1.1k 36.36
Newell Rubbermaid (NWL) 0.0 $42k 2.6k 16.15
Whirlpool Corporation (WHR) 0.0 $38k 800.00 47.50
RadioShack Corporation 0.0 $50k 5.1k 9.80
Computer Sciences Corporation 0.0 $36k 1.5k 24.00
Hewlett-Packard Company 0.0 $21k 800.00 26.25
International Business Machines (IBM) 0.0 $26k 20.00 1300.00
Lowe's Companies (LOW) 0.0 $41k 1.6k 25.62
Janus Capital 0.0 $46k 7.3k 6.30
Frontier Communications 0.0 $42k 8.2k 5.12
Xcel Energy (XEL) 0.0 $25k 912.00 27.41
First Solar (FSLR) 0.0 $41k 1.2k 34.17
Netflix (NFLX) 0.0 $42k 600.00 70.00
Alpha Natural Resources 0.0 $43k 2.1k 20.48
Cablevision Systems Corporation 0.0 $43k 3.0k 14.33
United States Steel Corporation (X) 0.0 $42k 1.6k 26.25
Allegheny Technologies Incorporated (ATI) 0.0 $43k 900.00 47.78
Nabors Industries 0.0 $40k 2.3k 17.39
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $51k 450.00 113.33
Nuveen Equity Premium Opportunity Fund 0.0 $31k 2.8k 11.25
Xylem (XYL) 0.0 $44k 1.7k 25.88
Tripadvisor (TRIP) 0.0 $48k 1.9k 25.26
Wal-Mart Stores (WMT) 0.0 $8.0k 17.00 470.59
Walt Disney Company (DIS) 0.0 $4.0k 13.00 307.69
Chevron Corporation (CVX) 0.0 $9.0k 13.00 692.31
Chevron Corporation (CVX) 0.0 $9.0k 4.00 2250.00
International Business Machines (IBM) 0.0 $13k 3.00 4333.33
Procter & Gamble Company (PG) 0.0 $1.0k 7.00 142.86
SPDR S&P MidCap 400 ETF (MDY) 0.0 $7.0k 10.00 700.00
Nuveen Equity Premium Advantage Fund 0.0 $5.0k 410.00 12.20
Myp - Citigroup Fund Inc Notes 0.0 $6.0k 600.00 10.00
Axp Us 01/12 C45 - Amer Expr stock options 0.0 $3.0k 13.00 230.77
Msft Us 01/19/13 C30 - Microsoft stock options 0.0 $12k 123.00 97.56
Msft Us 01/19/13 C30 - Microsoft stock options 0.0 $10k 183.00 54.64
Msft Us 01/19/13 C30 - Microsoft stock options 0.0 $2.0k 60.00 33.33