
| Stock |
Weight |
Amount |
| AT&T |
9.09% |
$41,253,904 |
| Verizon Communications |
8.90% |
$40,391,530 |
| Sprint Nextel |
6.92% |
$31,378,353 |
| Centurylink |
6.39% |
$28,999,488 |
| Crown Castle Intl |
5.93% |
$26,892,859 |
| Sba Communications Corp-cl A |
5.00% |
$22,706,413 |
| Leucadia National |
4.73% |
$21,484,120 |
| TW Telecom |
4.59% |
$20,824,973 |
| T-mobile US |
4.10% |
$18,619,491 |
| Windstream |
4.01% |
$18,214,478 |
| Nii Holdings |
3.97% |
$18,018,542 |
| Frontier Communications |
3.95% |
$17,901,368 |
| Level 3 Communications |
3.86% |
$17,536,316 |
| Telephone And Data Systems |
3.54% |
$16,078,181 |
| Consolidated Communications |
2.60% |
$11,777,471 |
| Cincinnati Bell |
2.47% |
$11,226,733 |
| Atlantic Tele-network |
2.42% |
$10,992,782 |
| Shenandoah Telecommunication |
2.41% |
$10,926,832 |
| Usa Mobility |
2.20% |
$9,993,069 |
| Ntelos Holdings |
2.20% |
$9,986,265 |
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