Sunday, January 24, 2016

519 Largest US Companies With Dec or Jan Year Ends 9 Months 2015 US GAAP Total Earnings Were $560 Bil, Down 13% From 9 Months 2014 Total Earnings of $643 Bil

From both the superb Google Finance website and Company SEC filings, later below here are the reported US GAAP Earnings (Losses) From Continuing Operations for each of  the 519 largest US Companies all with market caps of at least $5 Bil, with December or January Year Ends for the 9 Months Ended September or October 2015 and 2014.

To illustrate just how horribly the smaller of these 519 US Companies have done in 2015, the 217 Companies with market caps of $5 Bil to $10 Bil had 9 Months 2015 Total Earnings which were down a massive 49% from the 9 Months 2014.  

The 302 US Companies with market caps of more than $10 Bil had their 9 Months 2015 Total Earnings down significantly but by a much lower 8% from the 9 Months 2014.  

No doubt the US Companies with market caps below $5 Bil had Total Earnings which were down substantially more than 49%.

In a recent post, I showed that the largest 3,000 US Companies had Total US GAAP Audited Earnings for Annual 2014 which were down 11% from Annual 2013.

When you have double-digit percentage Total Earnings Declines in both Annual 2014 and in the most recently reported 9 Months 2015, you have your aggregate US Companies in very serious economic trouble and in need of a huge dose of economic stimulus.  With such horrible recent earnings, there have to be many huge employee layoffs in the works.

I think the needed economic stimulus here has to be massive enough to turn around these huge Total Earnings declines of the most recent seven quarters, which clearly happened also in the most recent 4Q 2015.

I can think of only two giant economic stimuli to accomplish this quick turnaround of Total Earnings.  First, the Pacific and Atlantic Trade Agreements need to be quickly passed.  And second, comprehensive business tax reform must quickly pass.

It is easy for me to see why a patriot like Michael Bloomberg is now studying whether to enter the US Presidential race as an Independent.  The three leading US Presidential candidates .....Donald Trump, Hillary Clinton and Bernie Sanders ..... are so far behind Bloomberg in understanding the US economy that they all three are strongly against the Pacific Trade Agreement.





Nine Nine





 Months   Months 





2015 2014





Net Net Increase Increase
US Largest Companies

Most Income Income (Decrease) (Decrease)
Market Cap $5 Bil or More City State Recent (Loss) (Loss) Amount %
With December or January Year Ends HQs HQs FYE  $ mils  $ mils  $ mils







Apache Houston TX Dec14        (14,887)               222        (15,109)
Exxon Mobil Irving TX Dec14          13,721          26,833        (13,112)
Devon Energy Oklahoma City OK Dec 14        (10,291)            2,070        (12,361)
Chevron San Ramon CA Dec14            5,265          15,838        (10,573)
Freeport-McMoRan Phoenix AZ Dec 14          (7,995)            1,990          (9,985)
General Electric Fairfield CT Dec14          (1,862)            7,941          (9,803)
Yahoo! Sunnyvale CA Dec 14                 81            7,363          (7,282)
ConocoPhillips Houston TX Dec 14             (934)            5,831          (6,765)
EOG Resources Houston TX Dec 14          (4,240)            2,471          (6,711)
Occidental Petroleum Houston TX Dec 14          (2,641)            3,296          (5,937)
Andarko Petroleum The Woodlands TX Dec 14          (5,288)          (1,213)          (4,075)
Halliburton Houston TX Dec 14             (636)            2,533          (3,169)
Oaktree Capital Group LLC Los Angeles CA Dec 14             (800)            2,268          (3,068)
Hess Corp New York NY Dec14          (1,168)            1,697          (2,865)
American Intl Group New York NY Dec14            4,071            6,864          (2,793)
Whiting Petroleum Corp Denver CO Dec 14          (2,121)               418          (2,539)
Marathon Oil Corp Houston TX Dec 14          (1,411)            1,062          (2,473)
Schlumberger Ltd Houston TX Dec14            3,125            5,393          (2,268)
Cimarex Energy Denver CO Dec 14          (1,778)               431          (2,209)
Williams Companies Tulsa OK Dec 14                 23            2,027          (2,004)
Baker Hughes Houston TX Dec 14             (939)            1,064          (2,003)
Johnson & Johnson New Brunswick NJ Dec14          12,194          13,802          (1,608)
Pepsico Purchase NY Dec14            3,768            5,232          (1,464)
IBM Armonk NY Dec14            8,904          10,237          (1,333)
Wal-Mart Bentonville AR Jan15          10,332          11,626          (1,294)
Verizon Communications New York NY Dec14          12,862          14,104          (1,242)
Noble Energy Houston TX Dec14             (413)               811          (1,224)
The Blackstone Group LP New York NY Dec14            1,230            2,432          (1,202)
Macquarie Infrastructure New York NY Dec 14             (146)            1,021          (1,167)
Merck Kenilworth NJ Dec14            3,477            4,607          (1,130)
National Oilwell Varco Houston TX Dec14               755            1,858          (1,103)
Continental Resources Oklahoma City OK Dec 14             (214)               863          (1,077)
AT&T Dallas TX Dec14            9,601          10,654          (1,053)
Goldman Sachs New York NY Dec14            5,318            6,311             (993)
Kinder Morgan Inc Houston TX Dec14               944            1,877             (933)
Las Vegas Sands Las Vegas NV Dec 14            1,811            2,710             (899)
KKR & Co LP New York NY Dec14            4,031            4,929             (898)
Kimberly-Clark Dallas TX Dec14               722            1,593             (871)
Endo Intl plc Malvern PA Dec14             (744)                 42             (786)
Caterpillar Peoria IL Dec 14            2,196            2,948             (752)
Pfizer New York NY Dec14            7,141            7,862             (721)
Allergan plc (was Actavis) Parsippany NJ Dec14          (2,099)          (1,422)             (677)
Wynn Resorts Ltd Las Vegas NV Dec 14               154               814             (660)
HCP Inc Irvine CA Dec14                 48               707             (659)
CNH Industrial NV Burr Ridge IL Dec 14                 17               621             (604)
Cameron Intl Corp Houston TX Dec14               (12)               556             (568)
United Technologies Hartford CT Dec14            4,533            5,088             (555)
SanDisk Milpitas CA Dec14               253               806             (553)
Icahn Enterprises LP New York NY Dec 14                 23               573             (550)
Zimmer Biomet Holdings Warsaw IN Dec14                 20               566             (546)
Williams Partners LP Tulsa OK Dec 14               277               822             (545)
L-3 Communications Holdings New York NY Dec 14               (63)               470             (533)
Xerox Norwalk CT Dec 14               280               796             (516)
Voya Financial Inc New York NY Dec 14               699            1,213             (514)
Kraft Heinz Pittsburgh PA Dec 14                 (1)               507             (508)
CF Industries Holdings Deerfield IL Dec 14               698            1,186             (488)
Loews New York NY Dec14               578            1,052             (474)
Masco Corp Taylor MI Dec 14               310               773             (463)
American Capital Agency Corp Bethesda MD Dec 14             (373)                 89             (462)
AFLAC Columbus GA Dec14            1,803            2,248             (445)
Dupont Wilmington DE Dec 14            2,126            2,568             (442)
Alexion Phramaceuticals Cheshire CT Dec14                 78               504             (426)
Archer Daniels Midland Decatur IL Dec14            1,129            1,548             (419)
Best Buy Richfield MN Jan 15               330               722             (392)
Tesla Motors Palo Alto CA Dec 14             (568)             (186)             (382)
Corning Corning NY Dec14            1,115            1,484             (369)
Autodesk San Rafael CA Jan15             (293)                 70             (363)
Capital One Financial McLean VA Dec14            3,104            3,453             (349)
Edwards Lifesciences Irvine CA Dec14               354               702             (348)
Celgene Summit NJ Dec14            1,041            1,386             (345)
Assurant New York NY Dec 14                 76               421             (345)
Allstate Northbrook IL Dec 14            1,682            2,026             (344)
Hershey Hershey PA Dec14               300               644             (344)
EMC Corp Hopkinton MA Dec 14            1,339            1,681             (342)
Concho Resources Midland TX Dec14                 67               408             (341)
Dollar Tree Chesapeake VA Jan15                 53               393             (340)
McDonald's Oak Brook IL Dec14            3,323            3,660             (337)
Plains All America Pipeline LP Houston TX Dec 14               659               996             (337)
MetLife New York NY Dec14            4,480            4,812             (332)
Cabot Oil & Gas Corp Houston TX Dec 14                 (3)               326             (329)
Waste Connections Woodlands TX Dec 14             (147)               172             (319)
Liberty Global Englewood CO Dec14             (791)             (478)             (313)
Liberty Global PLC Englewood CO Dec 14             (791)             (478)             (313)
Southern Copper Phoenix AZ Dec14               679               989             (310)
DDR Corp Beachwood OH Dec 14             (242)                 54             (296)
Lincoln National Corp Radnor PA Dec 14               871            1,166             (295)
Norfolk Southern Norfolk VA Dec 14            1,195            1,489             (294)
Enterprise Products Partners LP Houston TX Dec 14            1,865            2,152             (287)
Boston Scientific Corp Marlborough MA Dec14               (97)               180             (277)
Cheniere Energy Houston TX Dec 14             (785)             (508)             (277)
Philip Morris New York NY Dec14            5,734            6,009             (275)
Praxair Danbury CT Dec 14            1,160            1,433             (273)
Kellogg Battle Creek MI Dec 14               654               926             (272)
Waste Management Houston TX Dec14               479               740             (261)
Spectra Energy Houston TX Dec14               648               909             (261)
Pioneer Natural Resources Irving TX Dec14               356               612             (256)
Ameriprise Financial Minneapolis MN Dec14            1,307            1,548             (241)
Comcast Philadelphia PA Dec14            6,357            6,596             (239)
Gap Inc San Francisco CA Jan 15               706               943             (237)
Intel Santa Clara CA Dec14            7,807            8,043             (236)
Time Warner New York NY Dec14            2,938            3,174             (236)
Ingersoll-Rand plc Davidson NC Dec14               468               699             (231)
Coca-Cola Atlanta GA Dec14            6,130            6,353             (223)
DaVita Health Partners Denver CO Dec14               393               613             (220)
Everest Re Group Ltd Liberty Corner NJ Dec 14               682               901             (219)
Weyerhauser Federal Way WA Dec14               436               651             (215)
Macy's Cincinnati OH Jan15               527               733             (206)
Iron Mountain Boston MA Dec 14               119               316             (197)
FMC Technologies Houston TX Dec 14               339               535             (196)
Royal Caribbean Cruises Miami FL Dec14               459               654             (195)
Mattel El Segundo CA Dec 14               154               349             (195)
Bristol-Myers Squibb New York NY Dec14            1,819            2,002             (183)
SBA Communications Boca Raton FL Dec14             (207)               (25)             (182)
Biomarin Pharmaceutical Novato CA Dec14             (240)               (64)             (176)
American Express New York NY Dec14            4,264            4,438             (174)
American Tower Boston MA Dec14               450               622             (172)
Ball Corp Broomfield CO Dec 14               238               410             (172)
AGL Resources Atlanta GA Dec 14               261               428             (167)
Wells Fargo San Francisco CA Dec14          17,653          17,816             (163)
CR Bard Murray Hill NJ Dec14                 (1)               160             (161)
AES Corp Arlington VA Dec 14               721               878             (157)
Reinsurance Group of America Chesterfield MO Dec 14               339               493             (154)
Ally Financial Detroit MI Dec 14               621               774             (153)
ACE Limited (Chubb Ltd) Philadelphia PA Dec 14            2,151            2,298             (147)
Dover Corp Downers Grove IL Dec 14               459               606             (147)
W R Berkley Corp Greenwich CT Dec 14               394               539             (145)
Zoetis Florham Park NJ Dec 14               319               461             (142)
Cna Financial  Chicago IL Dec 14               549               690             (141)
Level 3 Communications Broomfield CO Dec14               110               248             (138)
W R Grace Columbia MD Dec 14               124               262             (138)
Altera San Jose CA Dec14               227               362             (135)
Alleghany Corp New York NY Dec 14               406               540             (134)
LinkedIn Mountain View CA Dec14             (150)               (18)             (132)
SL Green Realty New York NY Dec 14               190               321             (131)
State Street Corp Boston MA Dec 14            1,416            1,545             (129)
Regions Financial Birmingham AL Dec14               787               915             (128)
Discover Financial Services Riverwoods IL Dec 14            1,797            1,919             (122)
Celanese Corp Irving TX Dec 14               588               710             (122)
Protective Life Corp Birmingham AL Dec 14               189               311             (122)
Kohl's Corp Menomonee Falls WI Jan 15               377               498             (121)
Energy Transfer Equity LP Dallas TX Dec 14            1,231            1,352             (121)
Baxter Intl Deerfield IL Dec14               210               330             (120)
Time Warner Cable New York NY Dec 14            1,358            1,477             (119)
Yum! Brands Louisville KY Dec 14            1,023            1,140             (117)
Arch Capital Group Ltd White Plains NY Dec 14               499               614             (115)
Apartment Investment and Mgt Denver CO Dec 14               197               311             (114)
Raytheon Waltham MA Dec 14            1,500            1,613             (113)
Facebook Menlo Park CA Dec14            2,127            2,239             (112)
Coca-Cola Enterprises Atlanta GA Dec14               440               551             (111)
Liberty Media Corp Englewood CO Dec14               159               265             (106)
Netflix Los Gatos CA Dec 14                 79               183             (104)
Fluor Corp Irving TX Dec 14               513               617             (104)
Staples Inc Framingham MA Jan 15               293               395             (102)
Interactive Brokers Group Greenwich CT Dec14               294               393               (99)
Molson Coors Brewing Denver CO Dec14               325               424               (99)
Cablevision Systems Bethpage NY Dec 14               154               253               (99)
EQT Corp Pittsburgh PA Dec 14               385               480               (95)
Union Pacific Omaha NE Dec14            3,655            3,749               (94)
Mylan NV Canonsburg PA Dec14               653               743               (90)
Pentair PLC Golden Valley MN Dec 14               387               477               (90)
Ecolab St Paul MN Dec 14               794               879               (85)
Sensata Technologies Holding NV Attleboro MA Dec 14               129               214               (85)
Host Hotels & Resorts Bethesda MD Dec14               405               489               (84)
Travelers New York NY Dec 14            2,573            2,654               (81)
Discovery Communications Silver Spring MD Dec14               822               902               (80)
Allegion PLC Carmel IN Dec 14                 83               161               (78)
Hyatt Hotels Corp Chicago IL Dec 14                 87               164               (77)
ARRIS Group Suwanee GA Dec 14                 58               134               (76)
Starwood Hotels & Resorts Stamford CT Dec14               323               398               (75)
E*TRADE New York NY Dec 14               179               252               (73)
Laboratory Corp of America Burlington NC Dec14               324               393               (69)
Albemarle Corp Baton Rouge LA Dec 14               177               243               (66)
Crown Holdings Inc Philadelphia PA Dec 14               375               439               (64)
SS&C Technologies Holdings Windsor CT Dec 14                 31                 95               (64)
Nucor Corp Charlotte NC Dec14               511               571               (60)
Harley-Davidson Milwaukee WI Dec 14               710               770               (60)
Oneok Partners LP Tulsa OK Dec 14               588               647               (59)
W P Carey Inc REIT New York NY Dec 14               126               183               (57)
CoStar Group Inc Washington DC Dec 14               (26)                 31               (57)
Stericycle Lake Forest IL Dec 14               189               245               (56)
Fiserv Brookfield WI Dec14               523               573               (50)
Citizens Financial Group Providence RI Dec14               619               668               (49)
Autoliv Auburn Hills MI Dec 14               272               321               (49)
Fifth Third Bancorp Cincinnati OH Dec14            1,050            1,098               (48)
Mead Johnson Nutrition Evansville IN Dec14               524               572               (48)
Nasdaq Inc New York NY Dec 14               279               327               (48)
Seattle Genetics Bothell WA Dec 14               (96)               (49)               (47)
Nordstrom Seattle WA Jan 15               420               465               (45)
DENTSPLY Intl York PA Dec 14               193               238               (45)
Centurylink Monroe LA Dec14               540               584               (44)
Enbridge Energy Partners LP Houston TX Dec 14               342               386               (44)
Unum Group Chattanooga TN Dec 14               641               684               (43)
American Financial Group Cincinnati OH Dec 14               240               281               (41)
Splunk Inc San Francisco CA Jan 15             (199)             (160)               (39)
Comerica Inc Dallas TX Dec 14               405               444               (39)
Lockeed Martin Bethesda MD Dec14            2,672            2,710               (38)
Incyte Corp Wilmington DE Dec 14               (49)               (12)               (37)
Moody's New York NY Dec14               729               765               (36)
Duke Realty Corp Indianapolis IN Dec 14               172               207               (35)
DexCom Inc San Diego CA Dec 14               (59)               (24)               (35)
Eli Lilly Indianapolis IN Dec14            1,930            1,962               (32)
Northrop Grumman Falls Church VA Dec 14            1,531            1,563               (32)
NVIDIA Corp Santa Clara CA Jan15               406               437               (31)
Danaher Washington DC Dec14            1,864            1,894               (30)
Vulcan Materials Birmingham AL Dec14               139               169               (30)
PNC Financial Services Group Pittsburgh PA Dec 14            3,121            3,150               (29)
BorgWarner Auburn Hills MI Dec 14               511               540               (29)
Hubbell Inc Shelton CT Dec 14               219               247               (28)
Tableau Software Seattle WA Dec 14               (42)               (15)               (27)
ServiceNow Santa Clara CA Dec14             (161)             (135)               (26)
WW Grainger Lake Forest IL Dec14               636               661               (25)
Baxalta Inc Bannockburn IL Dec 14               827               852               (25)
BB&T Corp Winston Salem NC Dec14            1,581            1,603               (22)
Omnicom Group New York NY Dec14               839               860               (21)
Leucadia National Corp New York NY Dec 14               208               229               (21)
Workday Pleasanton CA Jan 15             (209)             (189)               (20)
Annaly Capital Management Inc New York NY Dec 14             (204)             (184)               (20)
Ultimate Software Group Weston FL Dec 14                 14                 33               (19)
Kansas City Southern Kansas City MO Dec 14               345               363               (18)
3M St Paul MN Dec14            3,802            3,819               (17)
Dyax Corp Burlington MA Dec 14               (27)               (10)               (17)
NetSuite San Mateo CA Dec 14               (92)               (75)               (17)
Verisign Reston VA Dec 14               274               290               (16)
Alliance Data Systems Plano TX Dec14               425               440               (15)
Gartner Stamford CT Dec 14               110               125               (15)
Xylem Inc Rye Brook NY Dec 14               226               241               (15)
ManpowerGroup Milwaukee WI Dec 14               295               310               (15)
Charter Communications St Louis MO Dec14             (149)             (135)               (14)
Cytec Industries Inc Woodland Park NJ Dec 14               158               172               (14)
Jarden Corp Boca Raton FL Dec14               151               164               (13)
Medivation Inc San Francisco CA Dec 14               102               112               (10)
Invesco Ltd Atlanta GA Dec14               769               778                 (9)
Eastman Chemical Co Kingsport TN Dec 14               729               738                 (9)
Alexandria Real Estate Equities Inc Pasadena CA Dec 14               103               112                 (9)
Ventas Chicago IL Dec14               266               274                 (8)
KeyCorp Cleveland OH Dec 14               686               694                 (8)
IDEXX Laboratories Inc Westbrook ME Dec 14               148               156                 (8)
Sigma-Aldrich St Louis MO Dec14               360               367                 (7)
VFC Corp Greensboro NC Dec 14               919               925                 (6)
Church & Dwight Ewing NJ Dec14               301               307                 (6)
Cerner Corp Kansas City MO Dec14               373               378                 (5)
Hanesbrands Winston Salem NC Dec14               310               315                 (5)
Western Union Co Englewood CO Dec 14               626               631                 (5)
Stanley Black & Decker New Britain CT Dec14               635               639                 (4)
Akamai Technologies Cambridge MA Dec 14               233               237                 (4)
IDEX Corp Lake Forest IL Dec 14               215               218                 (3)
Tegna Inc McLean VA Dec 14               239               242                 (3)
Genuine Parts Atlanta GA Dec14               544               546                 (2)
Torchmark Corp McKinney TX Dec 14               394               396                 (2)
ANSYS Canonsburg PA Dec 14               185               185                 -  
Juniper Networks Sunnyvale CA Dec 14               436               435                   1
Fortune Brands Home & Security Deerfield IL Dec 14               219               217                   2
Macerich Santa Monica CA Dec14                 79                 76                   3
New York Community Bancorp Westbury NY Dec 14               358               354                   4
TripAdvisor Needham MA Dec 14               195               190                   5
Ingredion Inc Westchester IL Dec 14               305               300                   5
T. Rowe Price Group Baltimore MD Dec14               920               914                   6
Omega Healthcare Investors Inc Hunt Valley MD Dec 14               170               164                   6
UnderArmour Baltimore MD Dec14               127               120                   7
Teleflex Inc Wayne PA Dec 14               146               139                   7
Equity Lifestyle Properties Chicago IL Dec 14               111               104                   7
SEI Investments Co Oaks PA Dec 14               250               242                   8
Health Net Woodland Hills CA Dec 14               149               141                   8
Foot Locker New York NY Jan 15               383               374                   9
PulteGroup Atlanta GA Dec 14               266               257                   9
Advance Auto Parts Roanoke VA Dec14               419               409                 10
First Republic Bank San Francisco CA Dec 14               382               372                 10
Realty Income Corp San Diego CA Dec14               202               191                 11
Mettler-Toledo Intl Columbus OH Dec 14               229               217                 12
Quintiles Transnational Holdings Durham NC Dec 14               280               268                 12
Rollins Inc Atlanta GA Dec 14               120               108                 12
Tyler Technologies Plano TX Dec 14                 56                 44                 12
City National Corp Beverly Hills CA Dec 14               203               191                 12
Federal Realty Investment Trust Rockville MD Dec 14               148               135                 13
Tiffany & Co New York NY Jan 15               301               288                 13
WhiteWave Foods Co Denver CO Dec 14               121               108                 13
Msci Inc New York NY Dec 14               170               156                 14
MEDNAX Inc Sunrise FL Dec 14               243               229                 14
PerkinElmer Waltham MA Dec 14               144               130                 14
Lennox Intl Richardson TX Dec 14               176               162                 14
Newell Rubbermaid Atlanta GA Dec 14               339               324                 15
Regency Centers Corp Jacksonville FL Dec 14                 95                 80                 15
Domino's Pizza  Ann Arbor MI Dec 14               130               115                 15
CBOE Holdings Chicago IL Dec 14               155               140                 15
Intl Flavors & Fragrances New York NY Dec 14               340               324                 16
Check Point Software San Carlos CA Dec14               491               474                 17
Plum Creek Timber Co Seattle WA Dec 14               163               146                 17
National Retail  Properties Orlando FL Dec 14               146               129                 17
athenahealth Watertown MA Dec 14                   6               (12)                 18
Delphi Automotive PLC Troy MI Dec14            1,037            1,018                 19
MGM Resorts Las Vegas NV Dec14               434               415                 19
Illinois Tool Works Glenview IL Dec 14            1,449            1,429                 20
M&T Bank Buffalo NY Dec14               809               789                 20
Sealed Air Corp Charlotte NC Dec 14               212               192                 20
CubeSmart Malvern PA Dec 14                 41                 21                 20
Norwegian Cruise Lines Miami FL Dec14               389               368                 21
Twitter Inc San Francisco CA Dec 14             (431)             (452)                 21
Energy Transfer Partners LP Dallas TX Dec14            1,500            1,478                 22
Ametek Berwyn PA Dec14               454               432                 22
Henry Schein Melville NY Dec14               383               361                 22
Wyndham Worldwide Corp Parsippany NJ Dec 14               471               449                 22
Cummins Columbus IN Dec14            1,292            1,269                 23
Interpublic Group of Companies New York NY Dec 14               198               174                 24
BlackRock New York NY Dec 14            2,483            2,458                 25
Sirius XM Holdings New York NY Dec14               375               350                 25
Magellan Midstream Partners LP Tulsa OK Dec14               612               587                 25
Axalta Coating Systems Ltd Philadelphia PA Dec 14                 59                 34                 25
Dr Pepper Snapple Group Plano TX Dec14               579               553                 26
Bunge Ltd White Plains NY Dec 14               551               525                 26
Columbia Pipeline Group Inc Houston TX Dec 14               232               206                 26
Polaris Industries Medina MN Dec 14               345               319                 26
Cigna Bloomfield CT Dec 14            1,659            1,632                 27
Roper Technologies Sarasota FL Dec14               487               460                 27
LKQ Corp Chicago IL Dec 14               328               301                 27
Scripps Networks Interactive Knoxville TN Dec 14               576               549                 27
Fastenal Winona MN Dec14               404               376                 28
Hasbro Pawtucket RI Dec 14               272               244                 28
Owens Corning Toledo OH Dec 14               224               194                 30
Citrix Systems Ft Lauderdale FL Dec14               188               156                 32
Buckeye Partners LP Houston TX Dec 14               303               270                 33
St Jude Medical St Paul MN Dec14               753               717                 36
US Bancorp Minneapolis MN Dec14            4,444            4,407                 37
Fidelity Natl Info Services Jacksonville FL Dec14               547               509                 38
Waters Corp Milford MA Dec 14               318               280                 38
Westinghouse Air Brake Technologies Wilmerding PA Dec 14               297               259                 38
Packaging Corp of America Lake Forest IL Dec 14               333               294                 39
Pilgrim's Pride Corp Greeley CO Dec 14               583               544                 39
Progressive Corp Mayfield Village OH Dec14               951               911                 40
Mohawk Industries Calhoun GA Dec14               425               385                 40
Tractor Supply Co Brentwood TN Dec14               299               259                 40
Avery Dennison Glendale CA Dec 14               218               178                 40
Carlisle Companies Charlotte NC Dec 14               238               198                 40
PPG Industries Pittsburgh PA Dec14            1,107            1,065                 42
Ulta Salon Cosmetics & Frafrances Bolingbrook IL Dec14               212               170                 42
Robert Half Intl Menlo Park CA Dec 14               264               222                 42
Signet Jewelers Ltd Akron OH Jan 15               196               153                 43
Snap-on Inc Kenosha WI Dec 14               356               313                 43
AutoNation Fort Lauderdale FL Dec 14               346               303                 43
TJX Companies Framington MA Jan15            1,611            1,567                 44
C H Robinson Worldwide Eden Prairie MN Dec 14               383               337                 46
J B Hunt Transport Services Lowell AR Dec 14               310               264                 46
Huntington Bancshares  Columbus OH Dec 14               515               469                 46
Vertex Pharmaceuticals Boston MA Dec 14             (514)             (561)                 47
Equifax Atlanta GA Dec14               322               275                 47
Arthur J Gallagher Itasca IL Dec 14               321               273                 48
A O Smith Milwaukee WI Dec 14               203               155                 48
Whirlpool Benton Harbor MI Dec14               633               584                 49
Monster Beverage Corona CA Dec14               408               358                 50
Amphenol Wallingford CT Dec14               570               520                 50
FleetCor Technologies Norcross GA Dec14               310               259                 51
Westlake Chemical Corp Houston TX Dec 14               549               498                 51
PVH Corp New York NY Jan 15               438               387                 51
Extra Space Storage Salt Lake City UT Dec 14               198               146                 52
Vantiv Symmes Township OH Dec 14               139                 87                 52
Western Gas Equity Partners LP Woodlands TX Dec 14               361               308                 53
Ionis Pharmaceuticals Carlsbad CA Dec 14               (17)               (70)                 53
Marsh & McLennan New York NY Dec 14            1,256            1,202                 54
Signature Bank New York NY Dec 14               270               215                 55
Jones Lang LaSalle Inc Chicago IL Dec 14               248               193                 55
Charles Schwab San Francisco CA Dec14            1,031               971                 60
VMware Palo Alto CA Dec 14               623               560                 63
SunTrust Banks Atlanta GA Dec14            1,456            1,391                 65
Expeditors Intl of Washington Seattle WA Dec 14               344               279                 65
CSX Corp Jacksonville FL Dec14            1,502            1,436                 66
NVR Inc Reston VA Dec 14               249               182                 67
Leggett & Platt Carthage MO Dec 14               246               179                 67
CBRE Group Los Angeles CA Dec 14               376               308                 68
Huntington Ingalls Industries Inc Newport News VA Dec 14               354               286                 68
Avalon Bay Communities Arlington VA Dec 14               586               517                 69
Rockwell Holdings Princeton NJ Dec 14               110                 41                 69
United Rentals Stamford CT Dec 14               416               346                 70
Essex Property Trust Palo Alto CA Dec14               162                 90                 72
Cheniere Energy Partners LP Houston TX Dec 14             (263)             (339)                 76
Affiliated Managers Group West Palm Beach FL Dec 14               603               527                 76
Priceline Group Norwalk CT Dec14            2,047            1,970                 77
Hilton Worldwide Holdings McLean VA Dec 14               600               523                 77
Cadence Design Systems San Jose CA Dec 14               172                 94                 78
Camden Property Trust Houston TX Dec 14               196               117                 79
Digital Realty Trust San Francisco CA Dec 14               318               238                 80
Ross Stores Dublin CA Jan15               757               676                 81
Republic Services Phoenix AZ Dec14               578               497                 81
Textron Providence RI Dec 14               473               392                 81
Thermo Fisher Scientific Waltham MA Dec 14            1,374            1,292                 82
Equinix Redwood City CA Dec14               177                 94                 83
Chipotle Mexican Grill Denver CO Dec 14               408               324                 84
Freescale Semiconductor Austin TX Dec14               272               188                 84
Total System Services Columbus GA Dec 14               284               196                 88
CIT Group Inc Livingston NJ Dec 14               916               828                 88
Shell Midstream Partners LP Houston TX Dec 14               161                 73                 88
Synchrony Financial Stamford CT Dec 14            1,667            1,578                 89
Centene Corp St Louis MO Dec 14               246               157                 89
UDR Inc Highlands Ranch CO Dec 14               101                 10                 91
Thomson Reuters New York NY Dec 14               894               802                 92
Morgan Stanley New York NY Dec14            5,352            5,259                 93
Nielsen Holdings New York NY Dec14               321               223                 98
Principal Financial Group Des Moines IA Dec14               995               896                 99
EQT GP Holdings LP Pittsburgh PA Dec 14               260               160               100
Marriott Intl Bethesda MD Dec14               657               556               101
MasterCard Purchase NY Dec14            2,918            2,816               102
AMC Networks New York NY Dec 14               291               186               105
Lear Corp Southfield MI Dec 14               543               434               109
O'Reilly Automotive Springfield MO Dec14               713               597               116
Martin Marietta Materials Raleigh NC Dec 14               206                 90               116
Cincinnati Financial Corp Fairfield OH Dec 14               478               358               120
CDW Corp Vernon Hills IL Dec 14               314               193               121
Verisk Analytics Jersey City NJ Dec14               394               272               122
Sherwin-Williams Cleveland OH Dec 14               856               733               123
Servicemaster Global Holdings Memphis TN Dec 14               145                 22               123
Cognizant Technology Solutions Teaneck NJ Dec14            1,200            1,076               124
Kimco Realty New Hyde Park NY Dec 14               435               310               125
Intuitive Surgical Sunnyvale CA Dec14               399               272               127
Bank New York Mellon New York NY Dec 14            2,526            2,394               132
CME Group Chicago IL Dec 14               955               820               135
Motorola Solutions Schaumburg Dec Dec14               365               230               135
Sabre Corp Southlake TX Dec 14               205                 70               135
L Brands Columbus OH Jan15               617               477               140
Alnylam Pharmaceuticals Inc Cambridge MA Dec 14             (199)             (339)               140
Lamar Advertising Baton Rouge LA Dec 14               186                 46               140
Universal Health Services King of Prussia PA Dec14               559               415               144
Public Storage Glendale CA Dec 14               952               802               150
Texas Instruments Dallas TX Dec 14            2,150            1,996               154
Illumina San Diego CA Dec 14               355               200               155
Altria Group Richmond VA Dec14            3,995            3,834               161
Quest Diagnostics Madison NJ Dec 14               553               392               161
Publix Super Markets Lakeland FL Dec14            1,444            1,282               162
Crown Castle Intl Houston TX Dec14               383               218               165
Northern Trust Chicago IL Dec14               735               568               167
Boeing Chicago IL Dec14            4,150            3,980               170
Garmin Ltd Olathe KS Dec 14               324               154               170
Kilroy Realty Corp Los Angeles CA Dec 14               209                 39               170
Humana Louisville KY Dec14            1,175            1,002               173
JetBlue Airways Corp Long Island City NY Dec 14               487               313               174
Salesforce.com San Francisco CA Jan 15               (22)             (197)               175
Mosaic Co Plymouth MN Dec 14               846               669               177
First Solar Inc Tempe AZ Dec 14               382               203               179
McGraw Hill Financial New York NY Dec14               992               808               184
Spirit AeroSystems Holdings Wichita KS Dec 14               650               465               185
Markel Corp Glen Allen VA Dec14               391               205               186
Mid-America Apartment Communities Memphis TN Dec 14               305               115               190
CBS Corp New York NY Dec14            1,152               952               200
Alaska Air Group Seattle WA Dec 14               657               457               200
IntercontinentalExchange Group Atlanta GA Dec14               922               711               211
Vornado Realty Trust New York NY Dec14               526               315               211
Spectra Energy Partners LP Houston TX Dec14               948               737               211
First Data Corp New York NY Dec 14             (105)             (330)               225
Welltower Inc Toledo OH Dec 14               490               262               228
Eaton Corp plc Cleveland OH Dec14            1,447            1,218               229
Regeneron Pharmaceuticals Tarreytown NY Dec14               481               248               233
Hartford Financial Services Group Hartford CT Dec14            1,252            1,004               248
Aetna Hartford CT Dec14            2,073            1,815               258
Activision Blizzard Santa Monica CA Dec14               733               474               259
Kroger Cincinnati OH Jan15            1,484            1,224               260
HCA Holdings Nashville TN Dec 14            1,958            1,697               261
Equity Residential Chicago IL Dec14               694               430               264
General Dynamics Falls Church VA Dec 14            2,201            1,936               265
Jazz Pharmaceuticals Palo Alto CA Dec 14               247               (24)               271
Express Scripts St. Louis MO Dec14            1,721            1,446               275
Lowe's Companies Mooresville NC Jan15            2,535            2,248               287
HollyFrontier Corp Dallas TX Dec 14               826               537               289
HD Supply Holdings Atlanta GA Jan 15               349                 60               289
Honeywell Morris Plains NJ Dec14            3,644            3,354               290
T-Mobile US Bellevue WA Dec 14               436               146               290
T-Mobile US Inc Bellevue WA Dec 14               436               146               290
FNF Group of Fidelity Natl Fincl Jacksonville FL Dec 14               408               117               291
PACCAR Bellevue WA Dec14            1,257               965               292
Colgate-Palmolive New York NY Dec 14            1,969            1,673               296
Liberty Interactive Group Englewood CO Dec14               608               307               301
LyondellBasell Houston TX Dec14            3,682            3,376               306
Boston Properties Boston MA Dec14               633               315               318
United Therapeutics Corp Silver Spring MD Dec 14               547               224               323
Anthem Indianapolis IN Dec14            2,379            2,053               326
International Paper Memphis TN Dec14               739               412               327
Newmont Mining Greenwood Village CO Dec 14               628               284               344
Goodyear Tire & Rubber Akron OH Dec 14               749               393               356
DISH Network Englewood CO Dec 14               888               521               367
CVS Health Woonsocket RI Dec14            3,730            3,323               407
Target Corp Minneapolis MN Jan15            1,900            1,489               411
Expedia Bellevue WA Dec14               736               317               419
Prologis San Francisco CA Dec14               799               312               487
Alcoa New York NY Dec 14               568                 63               505
UnitedHealth Group Minneapolis MN Dec14            4,616            4,109               507
Vereit Inc Phoenix AZ Dec 14             (131)             (650)               519
Simon Property Group Indianapolis IN Dec14            1,679            1,146               533
Amazon Seattle WA Dec14               114             (455)               569
Home Depot Atlanta GA Jan 15            5,538            4,966               572
IMS Health Holdings Danbury CT Dec 14               388             (197)               585
Stryker Kalamazoo MI Dec 14               917               255               662
Phillips 66 Houston TX Dec 14            3,614            2,933               681
Southwest Airlines Dallas TX Dec14            1,645               946               699
Biogen Cambridge MA Dec14            2,764            2,059               705
Paypal Holdings San Jose CA Dec 14               861               133               728
Antero Resources Corp Denver CO Dec 14               804                 65               739
Broadcom Irvine CA Dec 14            1,024               262               762
Abbott Laboratories Abbott Park IL Dec 14            1,911            1,087               824
Tesoro Corp San Antonio TX Dec14            1,611               758               853
United Parcel Service Atlanta GA Dec14            3,513            2,579               934
Marathon Petroleum Findlay OH Dec14            2,700            1,750               950
XL Group plc New York NY Dec14            1,079               126               953
General Growth Properties Chicago IL Dec 14            1,197               183            1,014
AbbVie North Chicago IL Dec 14            3,627            2,584            1,043
Dow Chemical Midland MI Dec 14            4,152            3,000            1,152
Valero Energy San Antonio TX Dec 14            3,706            2,491            1,215
Amgen Thousand Oaks CA Dec14            5,139            3,864            1,275
General Motors Detroit MI Dec 14            3,389            2,009            1,380
Google Mountain View CA Dec14          11,425            9,912            1,513
Ford Motor Dearborn MI Dec 14            4,720            3,137            1,583
Reynolds American Winston Salem NC Dec14            2,974            1,297            1,677
American Airlines Fort Worth TX Dec 14            4,329            2,285            2,044
Prudential Financial Newark NJ Dec 14            4,972            2,877            2,095
Delta Airlines Atlanta GA Dec 14            3,546            1,371            2,175
JPMorgan Chase New York NY Dec14          19,008          16,814            2,194
FCA (Fiat Chrysler) US LLC Auburn Hills MI Dec 14            3,249               540            2,709
Berkshire Hathaway Omaha NE Dec14          18,867          15,952            2,915
eBay Inc San Jose CA Dec 14            1,424          (1,594)            3,018
Gilead Sciences Foster City CA Dec14          13,421            8,597            4,824
United Continental Chicago IL Dec 14            6,517            1,104            5,413
Mondelez Intl Deerfield IL Dec 14            8,007            1,694            6,313
Citigroup New York NY Dec14          13,981            7,121            6,860
Banc of America Charlotte NC Dec14          13,185            1,783          11,402








Total all 519


       559,966        642,876        (82,910) -13%