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Institutional Investment Manager
QS Investors, LLC
QS Investors, LLC (CIK: 0001501436) incorporated in Delaware, located at 880 3rd Avenue, New York, NY. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 1,435 holdings with a total value of $9,545,012,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 NIKE INC 268,955 33,073,000 0.35%
52 TESORO CORP 337,339 32,803,000 0.34%
53 SPDR INDEX SHS FDS 995,295 32,317,000 0.34%
54 LILLY ELI & CO 380,724 31,863,000 0.33%
55 COMCAST CORP NEW 548,443 31,195,000 0.33%
56 MARATHON PETE CORP 649,569 30,095,000 0.32%
57 BOEING CO 227,597 29,804,000 0.31%
58 CLAYMORE EXCHANGE TRD FD TR 1,091,627 28,819,000 0.30%
59 SCHLUMBERGER LTD 406,082 28,007,000 0.29%
60 GLOBAL X FDS 1,133,080 27,262,000 0.29%
61 GENERAL DYNAMICS CORP 195,270 26,937,000 0.28%
62 NORTHROP GRUMMAN CORP 161,899 26,867,000 0.28%
63 INTEL CORP 888,155 26,769,000 0.28%
64 ALTRIA GROUP INC 487,762 26,534,000 0.28%
65 POWERSHARES ETF TR II 1,313,161 26,408,000 0.28%
66 FACEBOOK INC 293,700 26,404,000 0.28%
67 WELLS FARGO & CO NEW 505,222 25,943,000 0.27%
68 ISHARES TR 242,872 25,842,000 0.27%
69 AETNA INC NEW 230,700 25,241,000 0.26%
70 ABBVIE INC 462,694 25,175,000 0.26%
71 VERIZON COMMUNICATIONS INC 576,182 25,070,000 0.26%
72 MANHATTAN ASSOCIATES INC 391,231 24,374,000 0.26%
73 GENERAL ELECTRIC CO 955,403 24,095,000 0.25%
74 FORTINET INC 565,342 24,016,000 0.25%
75 LYONDELLBASELL INDUSTRIES N 287,490 23,965,000 0.25%
76 ISHARES 522,833 23,627,000 0.25%
77 VISA INC 323,658 22,546,000 0.24%
78 WALGREENS BOOTS ALLIANCE INC 268,889 22,345,000 0.23%
79 ANNALY CAP MGMT INC 2,257,900 22,285,000 0.23%
80 NORDIC AMERICAN TANKERS LIMI 1,447,121 21,996,000 0.23%
81 LOWES COS INC 316,967 21,845,000 0.23%
82 RYDEX ETF TRUST 454,560 21,723,000 0.23%
83 DELTA AIRLINES INC DEL 477,349 21,419,000 0.22%
84 MERCK & CO INC 430,777 21,276,000 0.22%
85 PROCTER AND GAMBLE CO 295,632 21,268,000 0.22%
86 ACCENTURE PLC IRELAND 214,421 21,069,000 0.22%
87 ISHARES TR 301,552 20,569,000 0.22%
88 SCHWAB U.S. LARGE-CAP ETF 448,265 20,513,000 0.21%
89 AMERICAN INTL GROUP INC 355,789 20,216,000 0.21%
90 VANGUARD INDEX FDS 208,013 20,146,000 0.21%
91 VANGUARD INDEX FDS 169,865 20,007,000 0.21%
92 CIGNA CORPORATION 146,489 19,779,000 0.21%
93 SOUTHWEST AIRLS CO 515,641 19,615,000 0.21%
94 POWERSHS DB MULTI SECT COMM 918,711 19,183,000 0.20%
95 POWERSHARES ETF TRUST 925,207 19,004,000 0.20%
96 FACTSET RESH SYS INC 118,800 18,985,000 0.20%
97 KIMBERLY CLARK CORP 169,878 18,523,000 0.19%
98 CELGENE CORP 169,643 18,350,000 0.19%
99 CAL MAINE FOODS INC 333,994 18,239,000 0.19%
100 UNITED TECHNOLOGIES CORP 202,569 18,027,000 0.19%
Page 2 of 29

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001140361-15-041483, filed 2015.11.16).

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.