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Institutional Investment Manager
RAY GERALD L & ASSOCIATES LTD
RAY GERALD L & ASSOCIATES LTD (CIK: 0000837286) incorporated in Texas, located at 1445 Ross Ave, Dallas, TX. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 311 holdings with a total value of $689,783,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 12,912 3,427,000 0.50%
52 UNDER ARMOUR INC 117,566 3,415,000 0.50%
53 LAUDER ESTEE COS INC 42,834 3,276,000 0.47%
54 ISHARES TR 26,590 3,238,000 0.47%
55 HOME DEPOT INC 23,963 3,213,000 0.47%
56 KRAFT HEINZ CO 36,746 3,209,000 0.47%
57 KANSAS CITY SOUTHERN 37,280 3,163,000 0.46%
58 ISHARES TR 53,236 3,073,000 0.45%
59 CVS HEALTH CORP 38,943 3,073,000 0.45%
60 QUALCOMM INC 46,155 3,009,000 0.44%
61 ISHARES TR 16,283 2,912,000 0.42%
62 VANGUARD BD INDEX FDS 34,989 2,827,000 0.41%
63 MARRIOTT INTL INC NEW 34,033 2,814,000 0.41%
64 VERTEX PHARMACEUTICALS INC 37,470 2,760,000 0.40%
65 EXPRESS SCRIPTS HLDG CO 39,674 2,729,000 0.40%
66 LILLY ELI & CO 36,921 2,716,000 0.39%
67 ISHARES TR 22,908 2,684,000 0.39%
68 GOLDMAN SACHS GROUP INC 11,035 2,642,000 0.38%
69 CATERPILLAR INC 27,833 2,581,000 0.37%
70 SCHLUMBERGER LTD 30,660 2,574,000 0.37%
71 GENERAL MTRS CO 73,489 2,560,000 0.37%
72 NVIDIA CORPORATION 23,900 2,551,000 0.37%
73 AMAZON COM INC 3,373 2,529,000 0.37%
74 STARBUCKS CORP 45,034 2,500,000 0.36%
75 BOSTON PROPERTIES INC 19,175 2,412,000 0.35%
76 UNDER ARMOUR INC 91,781 2,310,000 0.33%
77 MONDELEZ INTL INC 51,876 2,300,000 0.33%
78 KIMBERLY CLARK CORP 20,140 2,298,000 0.33%
79 AMERICAN AIRLS GROUP INC 48,986 2,287,000 0.33%
80 VANGUARD INDEX FDS 17,345 2,284,000 0.33%
81 LAS VEGAS SANDS CORP 42,750 2,283,000 0.33%
82 DOMINION ENERGY INC 29,545 2,262,000 0.33%
83 VANGUARD INDEX FDS 17,523 2,259,000 0.33%
84 ABBVIE INC 32,877 2,059,000 0.30%
85 JOHNSON CTLS INTL PLC 48,200 1,985,000 0.29%
86 MACERICH CO 27,550 1,952,000 0.28%
87 ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF 29,710 1,944,000 0.28%
88 METLIFE INC 35,937 1,937,000 0.28%
89 AMERICAN EXPRESS CO 26,152 1,937,000 0.28%
90 VERIZON COMMUNICATIONS INC 35,788 1,910,000 0.28%
91 SPDR INDEX SHS FDS 25,096 1,885,000 0.27%
92 ISHARES COHEN & STEERS REIT ETF 18,434 1,837,000 0.27%
93 AMERICAN TOWER CORP NEW 17,280 1,826,000 0.26%
94 CIGNA CORPORATION 12,925 1,724,000 0.25%
95 MASTERCARD INCORPORATED 16,556 1,709,000 0.25%
96 ISHARES TR 48,765 1,707,000 0.25%
97 KINDER MORGAN INC DEL 81,725 1,693,000 0.25%
98 SALESFORCE COM INC 24,155 1,654,000 0.24%
99 TIME WARNER INC 17,031 1,644,000 0.24%
100 MGM RESORTS INTERNATIONAL 56,350 1,625,000 0.24%
Page 2 of 7

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001580642-17-000755, filed 2017.02.07).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.