REPORT FISCAL YEAR ENDING 12/31/1998
IS THIS A TRANSITION REPORT? N
IS THIS AN AMENDMENT TO A PREVIOUS FILING? Y
1. A) REGISTRANT NAME: COLLEGE RETIREMENT EQUITIES FUND
B) FILE NUMBER: 811-4415
C) TELEPHONE NUMBER: (212) 916-4905
2. A) STREET: 730 THIRD AVENUE
CITY: NEW YORK C) STATE: NY D) ZIP CODE 10017-3206
3. Is this the first filing on this form by the Registrant? N
4. Is this the last filing by the Registrant? N
5. Is Registrant a small business investment company (SBIC)? N
6. Is Registrant a unit investment trust (UIT)? N
7. A) Is Registrant a series or multiple portfolio company? Y
B) How many separate series or portfolio did Registrant have
at the end of the period? 8
7. C) SERIES IS THIS THE
NUMBER SERIES NAME LAST FILING?
1 CREF STOCK ACCOUNT N
2 CREF MONEY MARKET ACCOUNT N
3 CREF BOND MARKET ACCOUNT N
4 CREF SOCIAL CHOICE ACCOUNT N
5 CREF GLOBAL EQUITIES ACCOUNT N
6 CREF GROWTH ACCOUNT N
7 CREF EQUITY INDEX ACCOUNT N
8 CREF INFLATION-LINKED BOND ACCOUNT N
74. CONDENSED BALANCE SHEET DATA:
SERIES
NUMBER: 1
NAME: STOCK ACCOUNT
74. CONDENSED BALANCE SHEET DATA:
A) CASH 127,901
B) REPURCHASE AGREEMENTS 0
C) SHORT-TERM DEBT SECURITIES OTHER THAN
REPURCHASE AGREEMENTS 3,093,032
D) LONG-TERM DEBT SECURITES INCLUDING
CONVERTIBLE DEBT 49,155
E) PREFERRED,CONVERTIBLE PREFERRED, AND
ADJUSTABLE RATE PREFERRED STOCK 156,129
F) COMMON STOCK 114,591,464
G) OPTIONS ON EQUITIES 0
H) OPTIONS ON ALL FUTURES 0
I) OTHER INVESTMENTS 0
J) RECEIVABLES FROM PORTFOLIO INSTRUMENTS SOLD 195,667
K) RECEIVABLES FROM AFFILIATED PERSONS 0
L) OTHER RECEIVABLES 162,265
M) ALL OTHER ASSETS 0
N) TOTAL ASSETS 118,375,613
O) PAYABLES FOR PORTFOLIO INSTRUMENTS PURCHASED 220,601
P) AMOUNTS OWED TO AFFILIATED PERSONS 0
Q) SENIOR LOGN-TERM DEBT 0
R) OTHER LIABILITIES: 1. REVERSE REPURCHASE AGREEMENTS 0
2. SHORT SALES 0
3. WRITTEN OPTION 0
4. ALL OTHER LIABILITIES 1,783,702
S) SENIOR EQUITY 0
T) NET ASSETS OF COMMON SHAREHOLDERS 116,371,310
75. AVERAGE NET ASSETS DURING THE CURRENT REPORTING PERIOD
SERIES
NUMBER: 1
NAME: STOCK ACCOUNT
75. AVERAGE NET ASSETS DURING THE CURRENT REPORTING PERIOD
($000'S OMITTED). ANSWER ONLY ONE:
A) DAILY AVERAGE (FOR MONEY MARKET FUNDS) 0
B) MONTHLY AVERAGE (FOR ALL OTHER FUNDS) 106,901,685
SIGNATURE: ANTHONY V. BETRO
TITLE: Administrative Director, Finance and Planning
