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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 (2017Q1)
Portfolio Summary: 181 holdings with a total value of $3,966,692,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 GENERAL MLS INC 770,579 45,472,000 1.15%
152 ALLERGAN PLC 192,982 46,107,000 1.16%
153 LAMAR ADVERTISING CO NEW CL A 642,546 48,024,000 1.21%
154 SPDR SER TR 1,409,480 48,106,000 1.21%
155 ORACLE CORP 1,122,953 50,095,000 1.26%
156 LOWES COS INC 615,051 50,563,000 1.27%
157 SPDR SERIES TRUST 1,380,198 50,971,000 1.28%
158 PRICELINE GRP INC 28,819 51,297,000 1.29%
159 AMERICAN ELEC PWR INC 791,292 53,119,000 1.34%
160 PROCTER AND GAMBLE CO 598,167 53,745,000 1.35%
161 SOUTHERN CO 1,121,980 55,852,000 1.41%
162 VISA INC 629,817 55,972,000 1.41%
163 COMPASS MINERALS INTL INC 830,846 56,373,000 1.42%
164 AMERISOURCEBERGEN CORP 650,118 57,535,000 1.45%
165 JOHNSON & JOHNSON 469,523 58,479,000 1.47%
166 VANGUARD INDEX FDS 632,714 60,342,000 1.52%
167 PFIZER INC 1,830,661 62,627,000 1.58%
168 WELLTOWER INC 930,387 65,890,000 1.66%
169 DUKE ENERGY CORP NEW 809,983 66,427,000 1.67%
170 PHILIP MORRIS INTL INC 635,903 71,793,000 1.81%
171 REALTY INCOME CORP 1,325,784 78,924,000 1.99%
172 ENBRIDGE INC 1,905,536 79,728,000 2.01%
173 VENTAS INC 1,234,898 80,318,000 2.02%
174 AMGEN INC 497,503 81,625,000 2.06%
175 ALTRIA GROUP INC 1,165,651 83,251,000 2.10%
176 VANGUARD INTL EQUITY INDEX F 2,143,129 85,125,000 2.15%
177 VANGUARD TAX-MANAGED FDS 2,168,447 85,220,000 2.15%
178 GENERAL ELECTRIC CO 3,117,065 92,889,000 2.34%
179 WELLS FARGO & CO NEW 1,675,631 93,266,000 2.35%
180 VANGUARD BD INDEX FDS 2,529,981 205,131,000 5.17%
181 VANGUARD INDEX FDS 1,770,900 214,846,000 5.42%
Page 4 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001104659-17-029858, filed 2017.05.04).

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.