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Safe Bulkers Inc (SB)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Blackrock, Inc.	3,598,004	$12,844,875	0%
2.	American Century Companies Inc	1,746,959	$6,236,644	0%
3.	State Street Corp	1,574,084	$5,619,480	0%
4.	Goldman Sachs Group Inc	1,538,974	$5,494,137	0%
5.	Bridgeway Capital Management Inc	1,088,662	$3,886,523	0.08%