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OCR for page 21
Report of the Treasurer of the National Academy of Sciences Endowment, Trust, and Other Long-term Investments Pool - Change in Valuation and Market Value Summary Change in Valuation from 12/31/08 to 12/31/09 (Dollars in Thousands) Market Value at 12/31/08 $ 288,022 Realized Capital Gains 2,206 Unrealized Capital Gains 61,328 Reinvested Income 6,540 Contributions 3,984 Expenditures and Transfers (17,700) Market Value at 12/31/09 $ 344,380 Holdings and Market Value Summary as of 12/31/09 (Dollars in Thousands) U.S. Large Cap Equities Berkshire Hathaway A $ 28,470 Berkshire Hathaway B 29 Powershares Water Resources 2,765 Vanguard Index 500 24,908 Vanguard Precious Metals 3,743 Materials Select Sector SPDR 3,263 Oil Service Holders Trust 3,305 Other 205 Subtotal $ 66,688 U.S. Small - Mid Cap Equities RBC (Tamarack) Enterprise $ 2,215 Third Avenue Value 7,357 Vanguard Extended 8,386 Vanguard Small 7,677 Claymore Mac Glbl Solar Enrg 451 First Tr NASDAQ Clean Edge 450 First Tr Glbl Wind Energy 421 ISHARES S&P Glbl Clean Enrg 378 Market Vector Glbl ALT Enrg 400 Market Vectors Solar Energy 442 Pwrshs Cleantech Portfolio 466 Pwrshs Glbl Wind Enrg 401 Pwrshs Widerhill Clean Enrg 440 SPDR S&B Biotech ETF 4,077 Pwrshs Glbl Clean Enrg 450 Other 57 Subtotal $ 34,068 Non-U.S. Emerging Equities Capital International $ 24,013 Templeton Emerging 20,788 Morgan Stanley India 2,542 Subtotal $ 47,343 Non-U.S. Developed Equities Dodge & Cox International $ 8,495 Driehaus Int'l Discovery 11,562 Templeton Foreign 20,457 Vanguard European 12,051 Vanguard Pacific 9,997 Vanguard Int'l Growth 9,065 Vanguard Int'l Value 9,639 Subtotal $ 81,266 Real Estate Equities iShares Dow Jones RE Index $ 4,814 Third Avenue RE Fund 4,933 Subtotal $ 9,747 U.S. Fixed Income PIMCO Funds Total Return $ 17,851 Cash Equivalents 7,699 Other 100 Subtotal $ 25,650 Non-U.S. Fixed Income PIMCO Foreign Bond $ 15,623 PIMCO Developing 6,424 Subtotal $ 22,047 Hedge Funds GT Offshore $ 9,666 Goldman Sachs Princeton 24,589 Tactician Windward 1,281 Makena Capital Associates 10,000 Subtotal $ 45,536 Other Alternative Investments $ 12,035 GRAND TOTAL $ 344,380
OCR for page 22
Report of the Treasurer of the National Academy of Sciences This page intentionally left blank.