Instuitional Investor - National Rural Electric Cooperative Association

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Bristol Myers Squibb Co	BMY	2,701,300	$185,822,000	3.32%
2.	General Electric Co	GE	1,198,388.115,288	$178,901,000	3.2%
3.	Intel Corp	INTC	4,967,700	$171,137,000	3.06%
4.	Cisco Systems Inc.	CSCO	5,820,816	$158,065,000	2.83%
5.	Jpmorgan Chase & Co	JPM	2,258,400	$149,122,000	2.67%