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Institutional Investment Manager
Morningstar Investment Services LLC
Morningstar Investment Services LLC (CIK: 0001478215) incorporated in Delaware, located at 22 West Washington Street, Chicago, IL. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 188 holdings with a total value of $3,056,597,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 DOMINION ENERGY INC 374,642 28,694,000 0.94%
152 ISHARES TR 261,902 28,867,000 0.94%
153 FASTENAL CO 614,980 28,892,000 0.95%
154 MAGELLAN MIDSTREAM PRTNRS LP 383,410 28,997,000 0.95%
155 GENUINE PARTS CO 312,799 29,885,000 0.98%
156 VANGUARD INDEX FDS 250,038 30,255,000 0.99%
157 VANGUARD INDEX FDS 317,690 30,876,000 1.01%
158 MASTERCARD INCORPORATED 338,159 34,915,000 1.14%
159 FLEXSHARES TR 1,568,362 35,319,000 1.16%
160 EXPRESS SCRIPTS HLDG CO 517,443 35,595,000 1.16%
161 UNITED PARCEL SERVICE INC 331,028 37,949,000 1.24%
162 TIME WARNER INC 397,513 38,372,000 1.26%
163 PRICELINE GRP INC 26,439 38,761,000 1.27%
164 COCA COLA CO 1,021,853 42,366,000 1.39%
165 ORACLE CORP 1,113,555 42,816,000 1.40%
166 LAMAR ADVERTISING CO NEW CL A 654,840 44,031,000 1.44%
167 SPDR SER TR 1,322,532 44,847,000 1.47%
168 AMERISOURCEBERGEN CORP 592,003 46,289,000 1.51%
169 GENERAL MLS INC 764,424 47,218,000 1.54%
170 PAYCHEX INC 802,027 48,827,000 1.60%
171 AMERICAN ELEC PWR INC 779,304 49,065,000 1.61%
172 SPDR SERIES TRUST 1,365,254 49,764,000 1.63%
173 PROCTER AND GAMBLE CO 605,550 50,915,000 1.67%
174 JOHNSON & JOHNSON 467,723 53,886,000 1.76%
175 SOUTHERN CO 1,111,820 54,690,000 1.79%
176 LOWES COS INC 797,644 56,728,000 1.86%
177 PHILIP MORRIS INTL INC 627,876 57,444,000 1.88%
178 PFIZER INC 1,787,777 58,067,000 1.90%
179 COMPASS MINERALS INTL INC 791,425 62,008,000 2.03%
180 DUKE ENERGY CORP NEW 800,939 62,169,000 2.03%
181 VANGUARD TAX-MANAGED FDS 1,862,210 68,045,000 2.23%
182 Spectra Energy Corp Com 1,766,106 72,569,000 2.37%
183 VENTAS INC 1,183,091 73,967,000 2.42%
184 REALTY INCOME CORP 1,315,024 75,588,000 2.47%
185 VANGUARD INTL EQUITY INDEX F 2,185,145 78,184,000 2.56%
186 ALTRIA GROUP INC 1,159,839 78,428,000 2.57%
187 GENERAL ELECTRIC CO 2,838,605 89,700,000 2.93%
188 VANGUARD BD INDEX FDS 2,354,233 190,199,000 6.22%
Page 4 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001104659-17-007019, 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.