Bell Bank Activity Q1 2000-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
IEFA	Buy	ISHARES TRcore msci eafe	$194,345,430	-4.2%	3,020,131	+0.5%	21.27%	-1.0%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$152,137,564	-4.5%	424,645	-1.5%	16.65%	-1.4%
VYM	Sell	VANGUARD WHITEHALL FDShigh div yld	$65,588,569	-2.7%	634,810	-0.1%	7.18%	+0.5%
VOO	Sell	VANGUARD INDEX FDS	$47,294,432	-4.7%	120,434	-1.2%	5.18%	-1.6%
AGG	Sell	ISHARES TRcore us aggbd et	$27,043,553	-12.2%	287,575	-8.5%	2.96%	-9.3%
XLF	Sell	SELECT SECTOR SPDR TRfinancial	$15,241,449	-3.0%	459,495	-1.4%	1.67%	+0.2%
CSCO	Sell	CISCO SYS INC	$11,191,004	+0.4%	208,166	-3.4%	1.22%	+3.6%
NVDA	Buy	NVIDIA CORPORATION	$10,645,945	+3.2%	24,474	+0.4%	1.16%	+6.6%
XOM	Sell	EXXON MOBIL CORP	$10,397,482	+5.7%	88,429	-3.6%	1.14%	+9.1%
ABBV	Sell	ABBVIE INC	$10,399,618	+10.1%	69,768	-0.5%	1.14%	+13.7%
GILD	Buy	GILEAD SCIENCES INC	$9,297,581	-2.1%	124,067	+0.6%	1.02%	+1.1%
ARCC	Buy	ARES CAPITAL CORP	$9,233,628	+4.7%	474,249	+1.0%	1.01%	+8.1%
IAT	Sell	ISHARES TRus regnl bks etf	$9,217,018	-4.1%	274,316	-3.4%	1.01%	-0.9%
PSX	Sell	PHILLIPS 66	$9,066,759	+18.1%	75,462	-6.2%	0.99%	+22.0%
INTC	Sell	INTEL CORP	$8,959,773	+5.2%	252,033	-1.1%	0.98%	+8.6%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$8,958,698	-5.7%	20,957	-2.2%	0.98%	-2.6%
MSFT	Buy	MICROSOFT CORP	$8,828,686	-3.9%	27,961	+3.6%	0.97%	-0.8%
RIO	Sell	RIO TINTO PLCsponsored adr	$8,662,931	-0.4%	136,124	-0.1%	0.95%	+2.8%
AMGN	Sell	AMGEN INC	$8,609,727	+17.7%	32,035	-2.8%	0.94%	+21.5%
LYB	Sell	LYONDELLBASELL INDUSTRIES N	$8,423,944	+1.0%	88,954	-2.1%	0.92%	+4.3%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$8,366,370	+2.7%	59,632	-2.1%	0.92%	+6.1%
SO	Sell	SOUTHERN CO	$8,177,890	-8.5%	126,358	-0.6%	0.90%	-5.5%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$8,157,456	-12.6%	52,335	+0.6%	0.89%	-9.7%
DOW	Sell	DOW INC	$7,575,814	-3.7%	146,932	-0.5%	0.83%	-0.5%
DUK	Sell	DUKE ENERGY CORP NEW	$7,554,526	-1.7%	85,594	-0.1%	0.83%	+1.5%
PRU	Sell	PRUDENTIAL FINL INC	$7,497,354	+5.5%	79,011	-1.9%	0.82%	+9.0%
STX	Sell	SEAGATE TECHNOLOGY HLDNGS PL	$7,471,673	+6.1%	113,293	-0.5%	0.82%	+9.7%
KHC	Buy	KRAFT HEINZ CO	$7,396,528	-5.2%	219,873	+0.1%	0.81%	-2.1%
IP	Sell	INTERNATIONAL PAPER CO	$7,009,972	+10.3%	197,631	-1.1%	0.77%	+13.8%
PFE	Buy	PFIZER INC	$6,855,410	+85.9%	206,675	+105.5%	0.75%	+91.8%
T	Buy	AT&T INC	$6,559,640	-2.5%	436,727	+3.5%	0.72%	+0.7%
	Sell	GSK PLCsponsored adr	$6,292,058	+0.6%	173,574	-1.1%	0.69%	+3.9%
HBAN	Sell	HUNTINGTON BANCSHARES INC	$6,076,283	-4.2%	584,258	-0.7%	0.66%	-1.0%
LEG	Buy	LEGGETT & PLATT INC	$6,035,917	-13.6%	237,541	+0.7%	0.66%	-10.7%
AAPL	Buy	APPLE INC	$5,918,216	-3.4%	34,567	+9.4%	0.65%	-0.3%
TRP	Buy	TC ENERGY CORP	$5,724,104	-12.9%	166,350	+2.3%	0.63%	-10.1%
VZ	Buy	VERIZON COMMUNICATIONS INC	$5,670,907	-9.8%	174,974	+3.5%	0.62%	-6.8%
HPE	Sell	HEWLETT PACKARD ENTERPRISE C	$5,466,044	+1.5%	314,683	-1.8%	0.60%	+4.7%
AMZN	Buy	AMAZON COM INC	$5,386,329	+2.0%	42,372	+4.6%	0.59%	+5.4%
VTRS	Sell	VIATRIS INC	$4,965,299	-2.7%	503,580	-1.6%	0.54%	+0.4%
AGNC	Sell	AGNC INVT CORP	$4,899,615	-7.0%	519,027	-0.2%	0.54%	-3.9%
CAG	New	CONAGRA BRANDS INC	$4,894,031	–	178,484	–	0.54%	–
EXR	Buy	EXTRA SPACE STORAGE INC	$4,771,893	+5.5%	39,249	+29.2%	0.52%	+9.0%
NWL	Sell	NEWELL BRANDS INC	$4,737,951	+0.8%	524,690	-2.8%	0.52%	+4.2%
MCD	Buy	MCDONALDS CORP	$3,855,971	-10.0%	14,637	+2.0%	0.42%	-7.0%
BIL	New	SPDR SER TRbloomberg 1-3 mo	$3,661,690	–	39,879	–	0.40%	–
UNH	Buy	UNITEDHEALTH GROUP INC	$2,989,847	+9.1%	5,930	+4.0%	0.33%	+12.8%
GOOGL	Buy	ALPHABET INCcap stk cl a	$2,966,204	+19.2%	22,667	+9.0%	0.32%	+23.1%
GOOG	Buy	ALPHABET INCcap stk cl c	$2,769,246	+10.8%	21,003	+1.7%	0.30%	+14.3%
WM	Sell	WASTE MGMT INC DEL	$2,440,412	-12.3%	16,009	-0.3%	0.27%	-9.5%
JPST	Sell	J P MORGAN EXCHANGE TRADED Fultra shrt inc	$2,341,048	-14.3%	46,653	-14.3%	0.26%	-11.4%
JPM	Buy	JPMORGAN CHASE & CO	$2,260,862	+6.3%	15,590	+6.6%	0.25%	+9.8%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$2,198,656	-2.3%	10,351	+1.3%	0.24%	+1.3%
DHR	Sell	DANAHER CORPORATION	$2,152,764	+3.0%	8,677	-0.3%	0.24%	+6.8%
	Buy	ANNALY CAPITAL MANAGEMENT IN	$2,140,315	-5.3%	113,786	+0.7%	0.23%	-2.5%
WST	Sell	WEST PHARMACEUTICAL SVSC INC	$2,089,544	-5.9%	5,569	-4.1%	0.23%	-2.6%
CSGP	Sell	COSTAR GROUP INC	$2,094,560	-16.9%	27,241	-3.8%	0.23%	-14.2%
V	Buy	VISA INC	$2,067,330	+4.9%	8,988	+8.3%	0.23%	+8.1%
UL	Buy	UNILEVER PLCspon adr new	$1,980,792	-4.9%	40,097	+0.3%	0.22%	-1.8%
HEI	Sell	HEICO CORP NEW	$1,986,233	-12.1%	12,266	-3.9%	0.22%	-9.2%
GLOB	Sell	GLOBANT S A	$1,913,012	+5.9%	9,669	-3.8%	0.21%	+8.9%
ADI	Sell	ANALOG DEVICES INC	$1,800,100	-13.6%	10,281	-3.8%	0.20%	-10.9%
PG	Buy	PROCTER AND GAMBLE CO	$1,783,284	+20.1%	12,226	+24.9%	0.20%	+24.2%
FB	Buy	META PLATFORMS INCcl a	$1,755,328	+14.1%	5,847	+9.0%	0.19%	+17.8%
CRM	Sell	SALESFORCE INC	$1,753,033	-4.9%	8,645	-0.9%	0.19%	-1.5%
VEEV	Sell	VEEVA SYS INC	$1,721,187	-1.1%	8,460	-3.9%	0.19%	+1.6%
TYL	Sell	TYLER TECHNOLOGIES INC	$1,668,511	-11.0%	4,321	-4.0%	0.18%	-8.0%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$1,646,760	+2.6%	4,701	-0.1%	0.18%	+5.9%
	Sell	RB GLOBAL INC	$1,625,000	+0.1%	26,000	-3.9%	0.18%	+3.5%
FAST	Sell	FASTENAL CO	$1,599,586	-15.0%	29,275	-8.2%	0.18%	-12.1%
ESGV	Sell	VANGUARD WORLD FDesg us stk etf	$1,512,599	-7.6%	20,109	-3.7%	0.17%	-4.0%
LLY	Buy	ELI LILLY & CO	$1,448,640	+28.0%	2,697	+11.7%	0.16%	+32.5%
SPGI	Sell	S&P GLOBAL INC	$1,442,639	-12.6%	3,948	-4.1%	0.16%	-9.7%
NOW	Sell	SERVICENOW INC	$1,404,108	-4.3%	2,512	-3.8%	0.15%	-0.6%
SBUX	Sell	STARBUCKS CORP	$1,368,411	-8.5%	14,993	-0.7%	0.15%	-5.7%
ROL	Sell	ROLLINS INC	$1,372,139	-16.4%	36,757	-4.0%	0.15%	-13.8%
BMY	Buy	BRISTOL-MYERS SQUIBB CO	$1,368,873	-4.5%	23,585	+5.2%	0.15%	-1.3%
FIVE	Sell	FIVE BELOW INC	$1,337,884	-21.3%	8,315	-3.8%	0.15%	-18.9%
KO	Buy	COCA COLA CO	$1,317,209	+23.0%	23,530	+32.3%	0.14%	+26.3%
LOPE	Sell	GRAND CANYON ED INC	$1,245,356	+8.6%	10,655	-4.1%	0.14%	+11.5%
PAYC	Sell	PAYCOM SOFTWARE INC	$1,232,051	-22.5%	4,752	-3.9%	0.14%	-19.6%
MA	Buy	MASTERCARD INCORPORATEDcl a	$1,216,236	+11.0%	3,072	+10.2%	0.13%	+14.7%
VRSK	Sell	VERISK ANALYTICS INC	$1,217,345	+0.3%	5,153	-4.0%	0.13%	+3.1%
ANSS	Sell	ANSYS INC	$1,178,298	-13.4%	3,960	-3.9%	0.13%	-10.4%
IDXX	Sell	IDEXX LABS INC	$1,137,339	-16.5%	2,601	-4.1%	0.12%	-13.9%
WK	Sell	WORKIVA INC	$1,010,765	-4.4%	9,974	-4.1%	0.11%	-0.9%
HD	Buy	HOME DEPOT INC	$1,001,358	+7.0%	3,314	+10.0%	0.11%	+11.1%
MRK	Buy	MERCK & CO INC	$941,272	+10.2%	9,143	+23.6%	0.10%	+14.4%
SPHQ	Buy	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$941,653	+1.9%	18,818	+2.7%	0.10%	+5.1%
PEP	Buy	PEPSICO INC	$914,807	+2.6%	5,399	+12.1%	0.10%	+5.3%
ALGN	Sell	ALIGN TECHNOLOGY INC	$875,963	-17.1%	2,869	-4.0%	0.10%	-14.3%
CVX	Buy	CHEVRON CORP NEW	$843,100	+12.1%	5,000	+4.6%	0.09%	+15.0%
TTD	New	THE TRADE DESK INC	$835,424	–	10,690	–	0.09%	–
ECL	Sell	ECOLAB INC	$826,841	-13.6%	4,881	-4.8%	0.09%	-10.9%
LOW	Sell	LOWES COS INC	$811,615	-18.2%	3,905	-11.2%	0.09%	-15.2%
TSLA	Buy	TESLA INC	$798,952	+11.2%	3,193	+16.4%	0.09%	+14.5%
NFLX	Sell	NETFLIX INC	$785,786	-17.0%	2,081	-3.1%	0.09%	-14.0%
	Sell	PHILLIPS EDISON & CO INC	$741,066	-42.1%	22,095	-41.2%	0.08%	-40.4%
SUSA	Sell	ISHARES TRmsci usa esg slc	$719,940	-6.9%	8,002	-3.1%	0.08%	-3.7%
BL	Sell	BLACKLINE INC	$676,457	-1.0%	12,195	-4.0%	0.07%	+2.8%
MMM	Sell	3M CO	$662,830	-8.6%	7,080	-2.2%	0.07%	-5.2%
ENSG	Sell	ENSIGN GROUP INC	$659,710	-6.7%	7,099	-4.1%	0.07%	-4.0%
JNJ	Buy	JOHNSON & JOHNSON	$643,092	-2.2%	4,129	+3.9%	0.07%	0.0%
ESGD	Sell	ISHARES TResg aw msci eafe	$625,972	-10.3%	9,055	-5.4%	0.07%	-6.8%
MSI	Sell	MOTOROLA SOLUTIONS INC	$629,963	-9.9%	2,314	-3.0%	0.07%	-6.8%
COST	Sell	COSTCO WHSL CORP NEW	$624,281	-8.4%	1,105	-12.7%	0.07%	-5.6%
MEDP	Sell	MEDPACE HLDGS INC	$603,146	-3.1%	2,491	-3.9%	0.07%	0.0%
ALL	Sell	ALLSTATE CORP	$573,873	+0.7%	5,151	-1.4%	0.06%	+5.0%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$560,330	+17.9%	1,107	+21.5%	0.06%	+22.0%
NEE	Buy	NEXTERA ENERGY INC	$560,755	-19.6%	9,788	+4.2%	0.06%	-17.6%
GWRE	Sell	GUIDEWIRE SOFTWARE INC	$516,330	+12.9%	5,737	-4.5%	0.06%	+18.8%
IWF	Sell	ISHARES TRrus 1000 grw etf	$516,287	-8.4%	1,941	-5.2%	0.06%	-5.0%
FND	Sell	FLOOR & DECOR HLDGS INCcl a	$510,601	-16.4%	5,642	-4.0%	0.06%	-13.8%
AVGO	Buy	BROADCOM INC	$477,584	+14.2%	575	+19.3%	0.05%	+18.2%
PCTY	Sell	PAYLOCITY HLDG CORP	$478,961	-5.1%	2,636	-3.6%	0.05%	-1.9%
MS	Buy	MORGAN STANLEY	$462,497	+7.0%	5,663	+11.9%	0.05%	+10.9%
WMT	Buy	WALMART INC	$443,646	+29.4%	2,774	+27.1%	0.05%	+36.1%
VBK	Sell	VANGUARD INDEX FDSsml cp grw etf	$443,781	-10.9%	2,072	-4.4%	0.05%	-7.5%
ABT	Buy	ABBOTT LABS	$441,539	-9.8%	4,559	+1.6%	0.05%	-7.7%
PRVA	Sell	PRIVIA HEALTH GROUP INC	$428,145	-14.8%	18,615	-3.3%	0.05%	-11.3%
CAT	Sell	CATERPILLAR INC	$409,500	+10.6%	1,500	-0.3%	0.04%	+15.4%
MGV	Sell	VANGUARD WORLD FDmega cap val etf	$412,698	-11.2%	4,070	-9.2%	0.04%	-8.2%
MGK	Sell	VANGUARD WORLD FDmega grwth ind	$397,529	-24.7%	1,752	-21.9%	0.04%	-21.4%
QCOM	Sell	QUALCOMM INC	$397,817	-25.5%	3,582	-20.2%	0.04%	-22.8%
ORCL	Sell	ORACLE CORP	$393,705	-31.6%	3,717	-23.1%	0.04%	-29.5%
BAC	Buy	BANK AMERICA CORP	$383,703	+18.6%	14,014	+24.3%	0.04%	+23.5%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$385,942	+2.8%	5,101	+13.5%	0.04%	+5.0%
PFF	Buy	ISHARES TRpfd and incm sec	$378,473	+2.4%	12,553	+5.1%	0.04%	+5.1%
LMT	Buy	LOCKHEED MARTIN CORP	$373,380	-3.6%	913	+8.6%	0.04%	0.0%
CRL	Sell	CHARLES RIV LABS INTL INC	$364,915	-10.7%	1,862	-4.2%	0.04%	-7.0%
AMAT	Sell	APPLIED MATLS INC	$363,293	-10.2%	2,624	-6.3%	0.04%	-7.0%
UNP	Buy	UNION PAC CORP	$330,491	+16.8%	1,623	+17.4%	0.04%	+20.0%
IAC	Sell	IAC INC	$300,879	-23.4%	5,971	-4.5%	0.03%	-21.4%
GS	New	GOLDMAN SACHS GROUP INC	$289,595	–	895	–	0.03%	–
ZI	Sell	ZOOMINFO TECHNOLOGIES INC	$279,538	-38.6%	17,045	-5.0%	0.03%	-35.4%
AMD	Buy	ADVANCED MICRO DEVICES INC	$272,884	+1.1%	2,654	+12.0%	0.03%	+3.4%
ACN	New	ACCENTURE PLC IRELAND	$261,351	–	851	–	0.03%	–
VSAT	New	VIASAT INC	$258,440	–	14,000	–	0.03%	–
CTVA	Buy	CORTEVA INC	$244,647	-1.9%	4,782	+9.8%	0.03%	+3.8%
JEPI	New	J P MORGAN EXCHANGE TRADED Fequity premium	$236,575	–	4,417	–	0.03%	–
MCK	New	MCKESSON CORP	$224,383	–	516	–	0.02%	–
SCHF	Sell	SCHWAB STRATEGIC TRintl eqty etf	$220,231	-38.9%	6,485	-35.8%	0.02%	-36.8%
BWA	Buy	BORGWARNER INC	$210,449	-1.9%	5,213	+18.9%	0.02%	0.0%
USB	Buy	US BANCORP DEL	$213,568	+0.3%	6,460	+0.3%	0.02%	0.0%
FDX	New	FEDEX CORP	$201,869	–	762	–	0.02%	–
IWM	Sell	ISHARES TRrussell 2000 etf	$202,721	-45.0%	1,147	-41.7%	0.02%	-43.6%
TWIO	New	SPINNAKER ETF SERIEStrajan wealth	$189,546	–	22,565	–	0.02%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-1,006	–	-0.02%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-1,218	–	-0.02%	–
ITOT	Exit	ISHARES TRcore s&p ttl stk	$0	–	-2,139	–	-0.02%	–
SCHG	Exit	SCHWAB STRATEGIC TRus lcap gr etf	$0	–	-2,714	–	-0.02%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,029	–	-0.02%	–
SCHH	Exit	SCHWAB STRATEGIC TRus reit etf	$0	–	-11,487	–	-0.02%	–
HSY	Exit	HERSHEY CO	$0	–	-973	–	-0.03%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-4,571	–	-0.03%	–
IWP	Exit	ISHARES TRrus md cp gr etf	$0	–	-2,600	–	-0.03%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-607	–	-0.03%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-14,149	–	-0.08%	–
AMED	Exit	AMEDISYS INC	$0	–	-9,213	–	-0.09%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-9,900	–	-0.14%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-173,181	–	-0.36%	–
NRZ	Exit	RITHM CAPITAL CORP	$0	–	-600,940	–	-0.60%	–

Q2 2023

			Value		Shares		↓ Weighting
IEFA	New	ISHARES TRcore msci eafe	$202,831,560	–	3,004,912	–	21.50%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$159,294,273	–	431,201	–	16.88%	–
VYM	New	VANGUARD WHITEHALL FDShigh div yld	$67,383,937	–	635,278	–	7.14%	–
VOO	New	VANGUARD INDEX FDS	$49,648,247	–	121,902	–	5.26%	–
AGG	New	ISHARES TRcore us aggbd et	$30,797,243	–	314,418	–	3.26%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$15,712,231	–	466,100	–	1.66%	–
CSCO	New	CISCO SYS INC	$11,148,987	–	215,481	–	1.18%	–
NVDA	New	NVIDIA CORPORATION	$10,315,343	–	24,385	–	1.09%	–
XOM	New	EXXON MOBIL CORP	$9,840,188	–	91,750	–	1.04%	–
IAT	New	ISHARES TRus regnl bks etf	$9,609,981	–	283,899	–	1.02%	–
GILD	New	GILEAD SCIENCES INC	$9,501,575	–	123,285	–	1.01%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$9,495,944	–	21,422	–	1.01%	–
ABBV	New	ABBVIE INC	$9,446,594	–	70,115	–	1.00%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$9,328,887	–	52,044	–	0.99%	–
MSFT	New	MICROSOFT CORP	$9,189,472	–	26,985	–	0.97%	–
SO	New	SOUTHERN CO	$8,934,325	–	127,179	–	0.95%	–
ARCC	New	ARES CAPITAL CORP	$8,819,274	–	469,360	–	0.94%	–
RIO	New	RIO TINTO PLCsponsored adr	$8,699,030	–	136,263	–	0.92%	–
INTC	New	INTEL CORP	$8,518,238	–	254,732	–	0.90%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$8,341,286	–	90,834	–	0.88%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$8,146,888	–	60,884	–	0.86%	–
DOW	New	DOW INC	$7,863,147	–	147,637	–	0.83%	–
KHC	New	KRAFT HEINZ CO	$7,801,125	–	219,750	–	0.83%	–
DUK	New	DUKE ENERGY CORP NEW	$7,686,769	–	85,656	–	0.82%	–
PSX	New	PHILLIPS 66	$7,675,706	–	80,475	–	0.81%	–
AMGN	New	AMGEN INC	$7,316,669	–	32,955	–	0.78%	–
PRU	New	PRUDENTIAL FINL INC	$7,103,651	–	80,522	–	0.75%	–
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$7,042,043	–	113,820	–	0.75%	–
LEG	New	LEGGETT & PLATT INC	$6,984,070	–	235,789	–	0.74%	–
T	New	AT&T INC	$6,727,040	–	421,758	–	0.71%	–
TRP	New	TC ENERGY CORP	$6,571,151	–	162,612	–	0.70%	–
IP	New	INTERNATIONAL PAPER CO	$6,356,879	–	199,839	–	0.67%	–
HBAN	New	HUNTINGTON BANCSHARES INC	$6,341,863	–	588,299	–	0.67%	–
VZ	New	VERIZON COMMUNICATIONS INC	$6,287,713	–	169,070	–	0.67%	–
	New	GSK PLCsponsored adr	$6,255,497	–	175,519	–	0.66%	–
AAPL	New	APPLE INC	$6,129,064	–	31,598	–	0.65%	–
NRZ	New	RITHM CAPITAL CORP	$5,618,789	–	600,940	–	0.60%	–
HPE	New	HEWLETT PACKARD ENTERPRISE C	$5,383,358	–	320,438	–	0.57%	–
AMZN	New	AMAZON COM INC	$5,278,537	–	40,492	–	0.56%	–
AGNC	New	AGNC INVT CORP	$5,267,164	–	519,957	–	0.56%	–
VTRS	New	VIATRIS INC	$5,105,029	–	511,526	–	0.54%	–
NWL	New	NEWELL BRANDS INC	$4,698,078	–	540,009	–	0.50%	–
EXR	New	EXTRA SPACE STORAGE INC	$4,523,403	–	30,389	–	0.48%	–
MCD	New	MCDONALDS CORP	$4,283,974	–	14,356	–	0.45%	–
PFE	New	PFIZER INC	$3,688,211	–	100,551	–	0.39%	–
STWD	New	STARWOOD PPTY TR INC	$3,359,711	–	173,181	–	0.36%	–
WM	New	WASTE MGMT INC DEL	$2,784,258	–	16,055	–	0.30%	–
UNH	New	UNITEDHEALTH GROUP INC	$2,740,609	–	5,702	–	0.29%	–
JPST	New	J P MORGAN EXCHANGE TRADED Fultra shrt inc	$2,730,474	–	54,457	–	0.29%	–
CSGP	New	COSTAR GROUP INC	$2,521,459	–	28,331	–	0.27%	–
GOOG	New	ALPHABET INCcap stk cl c	$2,498,393	–	20,653	–	0.26%	–
GOOGL	New	ALPHABET INCcap stk cl a	$2,488,922	–	20,793	–	0.26%	–
	New	ANNALY CAPITAL MANAGEMENT IN	$2,260,790	–	112,983	–	0.24%	–
HEI	New	HEICO CORP NEW	$2,258,639	–	12,765	–	0.24%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$2,250,160	–	10,215	–	0.24%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$2,220,238	–	5,805	–	0.24%	–
AFL	New	AFLAC INC	$2,157,309	–	30,907	–	0.23%	–
PSA	New	PUBLIC STORAGE	$2,162,247	–	7,408	–	0.23%	–
JPM	New	JPMORGAN CHASE & CO	$2,126,624	–	14,622	–	0.22%	–
UL	New	UNILEVER PLCspon adr new	$2,083,688	–	39,971	–	0.22%	–
DHR	New	DANAHER CORPORATION	$2,089,680	–	8,707	–	0.22%	–
ADI	New	ANALOG DEVICES INC	$2,082,519	–	10,690	–	0.22%	–
V	New	VISA INC	$1,971,559	–	8,302	–	0.21%	–
FAST	New	FASTENAL CO	$1,881,604	–	31,897	–	0.20%	–
TYL	New	TYLER TECHNOLOGIES INC	$1,873,699	–	4,499	–	0.20%	–
CRM	New	SALESFORCE INC	$1,843,666	–	8,727	–	0.20%	–
GLOB	New	GLOBANT S A	$1,807,085	–	10,055	–	0.19%	–
VEEV	New	VEEVA SYS INC	$1,741,013	–	8,805	–	0.18%	–
FIVE	New	FIVE BELOW INC	$1,699,088	–	8,645	–	0.18%	–
SPGI	New	S&P GLOBAL INC	$1,650,063	–	4,116	–	0.18%	–
ROL	New	ROLLINS INC	$1,640,475	–	38,302	–	0.17%	–
ESGV	New	VANGUARD WORLD FDesg us stk etf	$1,636,496	–	20,887	–	0.17%	–
	New	RB GLOBAL INC	$1,623,960	–	27,066	–	0.17%	–
IRT	New	INDEPENDENCE RLTY TR INC	$1,603,469	–	88,006	–	0.17%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,605,428	–	4,708	–	0.17%	–
PAYC	New	PAYCOM SOFTWARE INC	$1,588,853	–	4,946	–	0.17%	–
FB	New	META PLATFORMS INCcl a	$1,539,074	–	5,363	–	0.16%	–
SBUX	New	STARBUCKS CORP	$1,495,707	–	15,099	–	0.16%	–
PG	New	PROCTER AND GAMBLE CO	$1,484,928	–	9,786	–	0.16%	–
NOW	New	SERVICENOW INC	$1,466,742	–	2,610	–	0.16%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,433,631	–	22,418	–	0.15%	–
ANSS	New	ANSYS INC	$1,360,382	–	4,119	–	0.14%	–
IDXX	New	IDEXX LABS INC	$1,362,550	–	2,713	–	0.14%	–
LSI	New	LIFE STORAGE INC	$1,316,304	–	9,900	–	0.14%	–
	New	PHILLIPS EDISON & CO INC	$1,280,045	–	37,560	–	0.14%	–
VRSK	New	VERISK ANALYTICS INC	$1,213,329	–	5,368	–	0.13%	–
LOPE	New	GRAND CANYON ED INC	$1,147,076	–	11,114	–	0.12%	–
LLY	New	LILLY ELI & CO	$1,132,118	–	2,414	–	0.12%	–
MA	New	MASTERCARD INCORPORATEDcl a	$1,096,127	–	2,787	–	0.12%	–
KO	New	COCA COLA CO	$1,071,013	–	17,785	–	0.11%	–
WK	New	WORKIVA INC	$1,057,366	–	10,401	–	0.11%	–
ALGN	New	ALIGN TECHNOLOGY INC	$1,056,323	–	2,987	–	0.11%	–
VTEB	New	VANGUARD MUN BD FDStax exempt bd	$1,002,090	–	19,954	–	0.11%	–
LOW	New	LOWES COS INC	$992,629	–	4,398	–	0.10%	–
ECL	New	ECOLAB INC	$956,973	–	5,126	–	0.10%	–
NFLX	New	NETFLIX INC	$946,173	–	2,148	–	0.10%	–
HD	New	HOME DEPOT INC	$935,958	–	3,013	–	0.10%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$924,194	–	18,319	–	0.10%	–
PEP	New	PEPSICO INC	$892,020	–	4,816	–	0.10%	–
XEL	New	XCEL ENERGY INC	$886,793	–	14,264	–	0.09%	–
MRK	New	MERCK & CO INC	$853,771	–	7,399	–	0.09%	–
AMED	New	AMEDISYS INC	$842,437	–	9,213	–	0.09%	–
SUSA	New	ISHARES TRmsci usa esg slc	$773,373	–	8,259	–	0.08%	–
CVX	New	CHEVRON CORP NEW	$752,133	–	4,780	–	0.08%	–
HES	New	HESS CORP	$756,834	–	5,567	–	0.08%	–
IWO	New	ISHARES TRrus 2000 grw etf	$754,430	–	3,109	–	0.08%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$742,455	–	7,875	–	0.08%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$740,983	–	14,149	–	0.08%	–
MMM	New	3M CO	$724,852	–	7,242	–	0.08%	–
NXPI	New	NXP SEMICONDUCTORS N V	$714,538	–	3,491	–	0.08%	–
TSLA	New	TESLA INC	$718,297	–	2,744	–	0.08%	–
VEA	New	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$707,293	–	15,316	–	0.08%	–
ENSG	New	ENSIGN GROUP INC	$706,881	–	7,405	–	0.08%	–
MSI	New	MOTOROLA SOLUTIONS INC	$699,473	–	2,385	–	0.07%	–
NEE	New	NEXTERA ENERGY INC	$697,109	–	9,395	–	0.07%	–
ESGD	New	ISHARES TResg aw msci eafe	$698,086	–	9,572	–	0.07%	–
BL	New	BLACKLINE INC	$683,568	–	12,701	–	0.07%	–
COST	New	COSTCO WHSL CORP NEW	$681,589	–	1,266	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$657,611	–	3,973	–	0.07%	–
MEDP	New	MEDPACE HLDGS INC	$622,280	–	2,591	–	0.07%	–
FND	New	FLOOR & DECOR HLDGS INCcl a	$611,077	–	5,878	–	0.06%	–
ORCL	New	ORACLE CORP	$575,800	–	4,835	–	0.06%	–
VGT	New	VANGUARD WORLD FDSinf tech etf	$566,407	–	1,281	–	0.06%	–
IWF	New	ISHARES TRrus 1000 grw etf	$563,569	–	2,048	–	0.06%	–
ALL	New	ALLSTATE CORP	$569,843	–	5,226	–	0.06%	–
EXAS	New	EXACT SCIENCES CORP	$560,583	–	5,970	–	0.06%	–
QCOM	New	QUALCOMM INC	$534,132	–	4,487	–	0.06%	–
MGK	New	VANGUARD WORLD FDmega grwth ind	$527,587	–	2,242	–	0.06%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$531,633	–	2,673	–	0.06%	–
PRVA	New	PRIVIA HEALTH GROUP INC	$502,409	–	19,242	–	0.05%	–
VBK	New	VANGUARD INDEX FDSsml cp grw etf	$497,847	–	2,167	–	0.05%	–
PCTY	New	PAYLOCITY HLDG CORP	$504,690	–	2,735	–	0.05%	–
ABT	New	ABBOTT LABS	$489,391	–	4,489	–	0.05%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$475,314	–	911	–	0.05%	–
MGV	New	VANGUARD WORLD FDmega cap val etf	$464,845	–	4,480	–	0.05%	–
DE	New	DEERE & CO	$462,727	–	1,142	–	0.05%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$457,241	–	6,010	–	0.05%	–
ZI	New	ZOOMINFO TECHNOLOGIES INC	$455,471	–	17,939	–	0.05%	–
MS	New	MORGAN STANLEY	$432,124	–	5,060	–	0.05%	–
AVGO	New	BROADCOM INC	$418,101	–	482	–	0.04%	–
AMAT	New	APPLIED MATLS INC	$404,712	–	2,800	–	0.04%	–
CRL	New	CHARLES RIV LABS INTL INC	$408,516	–	1,943	–	0.04%	–
OTTR	New	OTTER TAIL CORP	$401,591	–	5,086	–	0.04%	–
IAC	New	IAC INC	$392,563	–	6,251	–	0.04%	–
LMT	New	LOCKHEED MARTIN CORP	$387,180	–	841	–	0.04%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$375,519	–	4,494	–	0.04%	–
PFF	New	ISHARES TRpfd and incm sec	$369,459	–	11,945	–	0.04%	–
CAT	New	CATERPILLAR INC	$370,305	–	1,505	–	0.04%	–
IWM	New	ISHARES TRrussell 2000 etf	$368,360	–	1,967	–	0.04%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$363,100	–	5,000	–	0.04%	–
CMCSA	New	COMCAST CORP NEWcl a	$359,948	–	8,663	–	0.04%	–
SCHF	New	SCHWAB STRATEGIC TRintl eqty etf	$360,208	–	10,104	–	0.04%	–
WMT	New	WALMART INC	$342,967	–	2,182	–	0.04%	–
IWR	New	ISHARES TRrus mid cap etf	$336,011	–	4,601	–	0.04%	–
IGF	New	ISHARES TRglb infrastr etf	$328,650	–	7,000	–	0.04%	–
NSC	New	NORFOLK SOUTHN CORP	$334,017	–	1,473	–	0.04%	–
BIIB	New	BIOGEN INC	$334,699	–	1,175	–	0.04%	–
AAAU	New	GOLDMAN SACHS PHYSICAL GOLDunit	$328,696	–	17,268	–	0.04%	–
BAC	New	BANK AMERICA CORP	$323,566	–	11,278	–	0.03%	–
DD	New	DUPONT DE NEMOURS INC	$306,835	–	4,295	–	0.03%	–
TOLZ	New	PROSHARES TRdj brkfld glb	$314,334	–	7,000	–	0.03%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$296,817	–	607	–	0.03%	–
TXN	New	TEXAS INSTRS INC	$281,371	–	1,563	–	0.03%	–
UNP	New	UNION PAC CORP	$282,989	–	1,383	–	0.03%	–
DFS	New	DISCOVER FINL SVCS	$281,959	–	2,413	–	0.03%	–
AMD	New	ADVANCED MICRO DEVICES INC	$269,853	–	2,369	–	0.03%	–
IWP	New	ISHARES TRrus md cp gr etf	$251,238	–	2,600	–	0.03%	–
IWD	New	ISHARES TRrus 1000 val etf	$245,899	–	1,558	–	0.03%	–
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$248,708	–	4,571	–	0.03%	–
CTVA	New	CORTEVA INC	$249,484	–	4,354	–	0.03%	–
HSY	New	HERSHEY CO	$242,958	–	973	–	0.03%	–
SCHH	New	SCHWAB STRATEGIC TRus reit etf	$224,341	–	11,487	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$224,638	–	504	–	0.02%	–
USB	New	US BANCORP DEL	$212,844	–	6,442	–	0.02%	–
BWA	New	BORGWARNER INC	$214,519	–	4,386	–	0.02%	–
REGN	New	REGENERON PHARMACEUTICALS	$215,562	–	300	–	0.02%	–
HON	New	HONEYWELL INTL INC	$213,518	–	1,029	–	0.02%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$211,761	–	1,218	–	0.02%	–
MPLX	New	MPLX LP	$210,428	–	6,200	–	0.02%	–
ITOT	New	ISHARES TRcore s&p ttl stk	$209,280	–	2,139	–	0.02%	–
OEF	New	ISHARES TRs&p 100 etf	$208,302	–	1,006	–	0.02%	–
SCHG	New	SCHWAB STRATEGIC TRus lcap gr etf	$203,414	–	2,714	–	0.02%	–
	New	DIGITALBRIDGE GROUP INCcl a new	$183,875	–	12,500	–	0.02%	–
NINE	New	NINE ENERGY SERVICE INC	$142,698	–	37,258	–	0.02%	–
PAYS	New	PAYSIGN INC	$24,500	–	10,000	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
PAYS	Exit	PAYSIGN INC	$0	–	-10,000	–	-0.00%	–
NINE	Exit	NINE ENERGY SERVICE INC	$0	–	-40,458	–	-0.01%	–
LUMN	Exit	LUMEN TECHNOLOGIES INC	$0	–	-21,154	–	-0.02%	–
	Exit	DIGITALBRIDGE GROUP INCcl a new	$0	–	-12,500	–	-0.02%	–
NEOG	Exit	NEOGEN CORP	$0	–	-12,483	–	-0.02%	–
JEPI	Exit	J P MORGAN EXCHANGE TRADED Fequity premium	$0	–	-4,022	–	-0.03%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-6,341	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-2,541	–	-0.03%	–
XSPA	Exit	XPRESSPA GROUP INC	$0	–	-268,000	–	-0.03%	–
PLTR	Exit	PALANTIR TECHNOLOGIES INCcl a	$0	–	-24,603	–	-0.03%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-306	–	-0.03%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-938	–	-0.03%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,328	–	-0.03%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,391	–	-0.03%	–
UGI	Exit	UGI CORP NEW	$0	–	-7,117	–	-0.03%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-1,643	–	-0.03%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-899	–	-0.03%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-2,576	–	-0.03%	–
HSY	Exit	HERSHEY CO	$0	–	-1,046	–	-0.03%	–
VUSB	Exit	VANGUARD BD INDEX FDSvanguard ultra	$0	–	-4,833	–	-0.03%	–
ORCL	Exit	ORACLE CORP	$0	–	-3,992	–	-0.03%	–
BP	Exit	BP PLCsponsored adr	$0	–	-8,600	–	-0.03%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,511	–	-0.03%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-530	–	-0.03%	–
CTVA	Exit	CORTEVA INC	$0	–	-4,451	–	-0.03%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-3,177	–	-0.03%	–
USB	Exit	US BANCORP DEL	$0	–	-6,598	–	-0.03%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-3,254	–	-0.03%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-16,303	–	-0.04%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-1,806	–	-0.04%	–
AAAU	Exit	GOLDMAN SACHS PHYSICAL GOLDunit	$0	–	-17,268	–	-0.04%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-4,601	–	-0.04%	–
IGF	Exit	ISHARES TRglb infrastr etf	$0	–	-7,000	–	-0.04%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-10,345	–	-0.04%	–
BIIB	Exit	BIOGEN INC	$0	–	-1,132	–	-0.04%	–
NSC	Exit	NORFOLK SOUTHN CORP	$0	–	-1,468	–	-0.04%	–
UNP	Exit	UNION PAC CORP	$0	–	-1,587	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,859	–	-0.04%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-9,427	–	-0.04%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,553	–	-0.04%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-957	–	-0.05%	–
MGK	Exit	VANGUARD WORLD FDmega grwth ind	$0	–	-2,137	–	-0.05%	–
VGT	Exit	VANGUARD WORLD FDSinf tech etf	$0	–	-1,281	–	-0.05%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-12,406	–	-0.05%	–
IAC	Exit	IAC INC	$0	–	-7,168	–	-0.05%	–
VBK	Exit	VANGUARD INDEX FDSsml cp grw etf	$0	–	-2,088	–	-0.05%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-2,420	–	-0.05%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-6,738	–	-0.05%	–
CRL	Exit	CHARLES RIV LABS INTL INC	$0	–	-2,138	–	-0.05%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,202	–	-0.06%	–
OTTR	Exit	OTTER TAIL CORP	$0	–	-7,086	–	-0.06%	–
CERT	Exit	CERTARA INC	$0	–	-33,421	–	-0.06%	–
WMT	Exit	WALMART INC	$0	–	-3,487	–	-0.06%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-5,393	–	-0.06%	–
MS	Exit	MORGAN STANLEY	$0	–	-5,892	–	-0.06%	–
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-2,234	–	-0.06%	–
MGV	Exit	VANGUARD WORLD FDmega cap val etf	$0	–	-5,283	–	-0.06%	–
OSH	Exit	OAK STR HEALTH INC	$0	–	-20,027	–	-0.06%	–
PEP	Exit	PEPSICO INC	$0	–	-3,086	–	-0.06%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-16,848	–	-0.06%	–
DE	Exit	DEERE & CO	$0	–	-1,562	–	-0.07%	–
NFLX	Exit	NETFLIX INC	$0	–	-2,279	–	-0.07%	–
LLY	Exit	LILLY ELI & CO	$0	–	-1,689	–	-0.07%	–
ESGD	Exit	ISHARES TResg aw msci eafe	$0	–	-9,881	–	-0.07%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-3,772	–	-0.07%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,969	–	-0.07%	–
HES	Exit	HESS CORP	$0	–	-5,572	–	-0.08%	–
LOW	Exit	LOWES COS INC	$0	–	-3,278	–	-0.08%	–
ILMN	Exit	ILLUMINA INC	$0	–	-3,309	–	-0.08%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,485	–	-0.08%	–
SUSA	Exit	ISHARES TRmsci usa esg slc	$0	–	-8,562	–	-0.08%	–
ENSG	Exit	ENSIGN GROUP INC	$0	–	-8,299	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-4,210	–	-0.09%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-3,343	–	-0.09%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-3,475	–	-0.09%	–
SPHQ	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$0	–	-18,319	–	-0.09%	–
ALL	Exit	ALLSTATE CORP	$0	–	-6,116	–	-0.10%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-10,327	–	-0.10%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-13,336	–	-0.11%	–
BL	Exit	BLACKLINE INC	$0	–	-14,236	–	-0.11%	–
ECL	Exit	ECOLAB INC	$0	–	-6,023	–	-0.11%	–
MMM	Exit	3M CO	$0	–	-7,912	–	-0.11%	–
ZI	Exit	ZOOMINFO TECHNOLOGIES INC	$0	–	-21,091	–	-0.11%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,185	–	-0.11%	–
SPYD	Exit	SPDR SER TRprtflo s&p500 hi	$0	–	-24,763	–	-0.11%	–
AREC	Exit	AMERICAN RES CORPcl a	$0	–	-332,975	–	-0.11%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-14,875	–	-0.12%	–
WK	Exit	WORKIVA INC	$0	–	-11,742	–	-0.12%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-3,063	–	-0.13%	–
VEA	Exit	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$0	–	-27,876	–	-0.13%	–
VXUS	Exit	VANGUARD STAR FDSvg tl intl stk f	$0	–	-22,548	–	-0.13%	–
KO	Exit	COCA COLA CO	$0	–	-18,488	–	-0.13%	–
ANSS	Exit	ANSYS INC	$0	–	-4,650	–	-0.13%	–
AMED	Exit	AMEDISYS INC	$0	–	-10,701	–	-0.13%	–
NOW	Exit	SERVICENOW INC	$0	–	-2,782	–	-0.13%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-9,900	–	-0.14%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-11,694	–	-0.15%	–
V	Exit	VISA INC	$0	–	-6,618	–	-0.15%	–
PFE	Exit	PFIZER INC	$0	–	-26,897	–	-0.15%	–
VTEB	Exit	VANGUARD MUN BD FDStax exempt bd	$0	–	-26,130	–	-0.16%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-4,716	–	-0.16%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-7,729	–	-0.16%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-10,396	–	-0.17%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-15,954	–	-0.17%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-9,742	–	-0.17%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-12,884	–	-0.17%	–
ESGV	Exit	VANGUARD WORLD FDesg us stk etf	$0	–	-21,611	–	-0.17%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-16,140	–	-0.17%	–
	Exit	PHILLIPS EDISON & CO INC	$0	–	-49,862	–	-0.18%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-19,831	–	-0.18%	–
CRM	Exit	SALESFORCE INC	$0	–	-10,015	–	-0.18%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-4,759	–	-0.19%	–
IRT	Exit	INDEPENDENCE RLTY TR INC	$0	–	-88,006	–	-0.19%	–
ROL	Exit	ROLLINS INC	$0	–	-43,174	–	-0.19%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-8,876	–	-0.19%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-15,834	–	-0.20%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-16,630	–	-0.20%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-6,714	–	-0.21%	–
FAST	Exit	FASTENAL CO	$0	–	-36,051	–	-0.21%	–
AFL	Exit	AFLAC INC	$0	–	-30,912	–	-0.22%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-12,497	–	-0.22%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-5,098	–	-0.23%	–
	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-104,573	–	-0.23%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-5,553	–	-0.23%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-30,219	–	-0.24%	–
HEI	Exit	HEICO CORP NEW	$0	–	-14,382	–	-0.26%	–
GLOB	Exit	GLOBANT S A	$0	–	-11,373	–	-0.27%	–
STX	Exit	SEAGATE TECHNOLOGY HLDNGS PL	$0	–	-40,376	–	-0.28%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,408	–	-0.28%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-93,336	–	-0.28%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-32,033	–	-0.28%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-8,659	–	-0.29%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-5,126	–	-0.33%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-16,231	–	-0.33%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-172,346	–	-0.40%	–
MCD	Exit	MCDONALDS CORP	$0	–	-13,992	–	-0.41%	–
AMZN	Exit	AMAZON COM INC	$0	–	-29,399	–	-0.42%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-27,747	–	-0.43%	–
AAPL	Exit	APPLE INC	$0	–	-25,881	–	-0.46%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE C	$0	–	-308,845	–	-0.47%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-511,876	–	-0.55%	–
NRZ	Exit	RITHM CAPITAL CORP	$0	–	-625,422	–	-0.58%	–
HBI	Exit	HANESBRANDS INC	$0	–	-673,669	–	-0.60%	–
VTRS	Exit	VIATRIS INC	$0	–	-565,307	–	-0.62%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,493	–	-0.67%	–
	Exit	GSK PLCsponsored adr	$0	–	-182,066	–	-0.68%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-25,984	–	-0.77%	–
IP	Exit	INTERNATIONAL PAPER CO	$0	–	-193,441	–	-0.78%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-161,646	–	-0.78%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-444,900	–	-0.79%	–
TRP	Exit	TC ENERGY CORP	$0	–	-159,335	–	-0.82%	–
T	Exit	AT&T INC	$0	–	-422,435	–	-0.83%	–
DOW	Exit	DOW INC	$0	–	-158,028	–	-0.89%	–
PRU	Exit	PRUDENTIAL FINL INC	$0	–	-83,510	–	-0.92%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-97,724	–	-0.94%	–
VLO	Exit	VALERO ENERGY CORP	$0	–	-71,498	–	-0.98%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-65,376	–	-0.99%	–
LEG	Exit	LEGGETT & PLATT INC	$0	–	-234,258	–	-1.00%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-237,115	–	-1.01%	–
AMGN	Exit	AMGEN INC	$0	–	-35,455	–	-1.02%	–
HBAN	Exit	HUNTINGTON BANCSHARES INC	$0	–	-606,754	–	-1.02%	–
ARCC	Exit	ARES CAPITAL CORP	$0	–	-476,766	–	-1.03%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-87,340	–	-1.04%	–
RIO	Exit	RIO TINTO PLCsponsored adr	$0	–	-150,506	–	-1.06%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-52,885	–	-1.09%	–
INTC	Exit	INTEL CORP	$0	–	-337,038	–	-1.11%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-144,131	–	-1.14%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-102,283	–	-1.14%	–
SO	Exit	SOUTHERN CO	$0	–	-132,685	–	-1.15%	–
CSCO	Exit	CISCO SYS INC	$0	–	-239,724	–	-1.23%	–
ABBV	Exit	ABBVIE INC	$0	–	-73,242	–	-1.26%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-155,946	–	-1.51%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-198,362	–	-1.88%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-97,817	–	-2.24%	–
XLF	Exit	SELECT SECTOR SPDR TRfinancial	$0	–	-703,309	–	-2.73%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-287,279	–	-3.54%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-80,415	–	-3.67%	–
VYM	Exit	VANGUARD WHITEHALL FDShigh div yld	$0	–	-367,469	–	-4.46%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-114,011	–	-4.79%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-2,143,805	–	-14.44%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-455,239	–	-15.56%	–

Q3 2022

			Value		Shares		↓ Weighting
QQQ	Buy	INVESCO QQQ TRunit ser 1	$121,667,000	+15.2%	455,239	+20.9%	15.56%	+23.1%
IEFA	Buy	ISHARES TRcore msci eafe	$112,914,000	-4.5%	2,143,805	+6.7%	14.44%	+2.0%
VOO	Buy	VANGUARD INDEX FDS	$37,430,000	-4.0%	114,011	+1.5%	4.79%	+2.6%
VYM	Buy	VANGUARD WHITEHALL FDShigh div yld	$34,865,000	-3.5%	367,469	+3.5%	4.46%	+3.2%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$28,723,000	-7.1%	80,415	-1.9%	3.67%	-0.8%
AGG	Buy	ISHARES TRcore us aggbd et	$27,676,000	-2.5%	287,279	+2.9%	3.54%	+4.2%
XLF	Sell	SELECT SECTOR SPDR TRfinancial	$21,352,000	-50.5%	703,309	-48.8%	2.73%	-47.1%
VTI	Sell	VANGUARD INDEX FDStotal stk mkt	$17,555,000	-5.0%	97,817	-0.1%	2.24%	+1.5%
VCSH	Buy	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$14,734,000	-1.1%	198,362	+1.6%	1.88%	+5.7%
VCIT	Buy	VANGUARD SCOTTSDALE FDSint-term corp	$11,802,000	-1.8%	155,946	+3.9%	1.51%	+4.9%
ABBV	Buy	ABBVIE INC	$9,830,000	-2.1%	73,242	+11.7%	1.26%	+4.6%
CSCO	Buy	CISCO SYS INC	$9,589,000	+2.0%	239,724	+8.7%	1.23%	+8.9%
SO	Buy	SOUTHERN CO	$9,023,000	+5.9%	132,685	+11.0%	1.15%	+13.1%
XOM	Sell	EXXON MOBIL CORP	$8,931,000	-9.7%	102,283	-11.5%	1.14%	-3.5%
GILD	Buy	GILEAD SCIENCES INC	$8,892,000	+12.9%	144,131	+13.1%	1.14%	+20.6%
INTC	Buy	INTEL CORP	$8,685,000	-16.3%	337,038	+21.5%	1.11%	-10.5%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$8,543,000	+206.9%	52,885	+246.8%	1.09%	+228.2%
RIO	Buy	RIO TINTO PLCsponsored adr	$8,287,000	+11.2%	150,506	+23.2%	1.06%	+18.8%
DUK	Buy	DUKE ENERGY CORP NEW	$8,124,000	-0.5%	87,340	+14.7%	1.04%	+6.3%
ARCC	Buy	ARES CAPITAL CORP	$8,048,000	+8.5%	476,766	+15.3%	1.03%	+15.9%
HBAN	Buy	HUNTINGTON BANCSHARES INC	$7,997,000	+27.4%	606,754	+16.3%	1.02%	+36.2%
AMGN	Buy	AMGEN INC	$7,992,000	+6.7%	35,455	+15.2%	1.02%	+14.1%
KHC	Buy	KRAFT HEINZ CO	$7,908,000	+0.4%	237,115	+14.8%	1.01%	+7.2%
LEG	Buy	LEGGETT & PLATT INC	$7,782,000	+11.0%	234,258	+15.5%	1.00%	+18.6%
IBM	Buy	INTERNATIONAL BUSINESS MACHS	$7,767,000	-5.4%	65,376	+12.4%	0.99%	+1.1%
VLO	Sell	VALERO ENERGY CORP	$7,640,000	-18.8%	71,498	-19.2%	0.98%	-13.2%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$7,357,000	+1.0%	97,724	+17.3%	0.94%	+7.9%
PRU	Buy	PRUDENTIAL FINL INC	$7,163,000	+3.2%	83,510	+15.1%	0.92%	+10.2%
DOW	Buy	DOW INC	$6,942,000	-0.5%	158,028	+16.9%	0.89%	+6.3%
T	Buy	AT&T INC	$6,480,000	-11.9%	422,435	+20.4%	0.83%	-5.8%
TRP	Buy	TC ENERGY CORP	$6,420,000	-7.9%	159,335	+18.5%	0.82%	-1.6%
NWL	Buy	NEWELL BRANDS INC	$6,180,000	-13.9%	444,900	+18.0%	0.79%	-8.0%
VZ	Buy	VERIZON COMMUNICATIONS INC	$6,138,000	-8.6%	161,646	+22.2%	0.78%	-2.2%
IP	Buy	INTERNATIONAL PAPER CO	$6,132,000	-7.7%	193,441	+21.8%	0.78%	-1.4%
MSFT	Buy	MICROSOFT CORP	$6,052,000	-9.3%	25,984	+0.0%	0.77%	-3.1%
	New	GSK PLCsponsored adr	$5,358,000	–	182,066	–	0.68%	–
EXR	Buy	EXTRA SPACE STORAGE INC	$5,266,000	+1.5%	30,493	+0.0%	0.67%	+8.4%
VTRS	Buy	VIATRIS INC	$4,816,000	-8.2%	565,307	+12.8%	0.62%	-1.9%
HBI	Buy	HANESBRANDS INC	$4,689,000	-11.4%	673,669	+30.9%	0.60%	-5.4%
NRZ	Buy	RITHM CAPITAL CORP	$4,578,000	-7.8%	625,422	+17.3%	0.58%	-1.5%
AGNC	Buy	AGNC INVT CORP	$4,310,000	-7.8%	511,876	+21.2%	0.55%	-1.6%
HPE	New	HEWLETT PACKARD ENTERPRISE C	$3,700,000	–	308,845	–	0.47%	–
AAPL	Sell	APPLE INC	$3,577,000	-6.5%	25,881	-7.5%	0.46%	-0.2%
NVDA	Sell	NVIDIA CORPORATION	$3,368,000	-21.0%	27,747	-1.3%	0.43%	-15.5%
AMZN	Buy	AMAZON COM INC	$3,323,000	+18.4%	29,399	+11.2%	0.42%	+26.5%
MCD	Buy	MCDONALDS CORP	$3,228,000	-6.5%	13,992	+0.0%	0.41%	0.0%
STWD	Buy	STARWOOD PPTY TR INC	$3,140,000	-2.3%	172,346	+12.1%	0.40%	+4.4%
WM	Sell	WASTE MGMT INC DEL	$2,600,000	+4.1%	16,231	-0.6%	0.33%	+11.4%
UNH	Sell	UNITEDHEALTH GROUP INC	$2,589,000	-8.1%	5,126	-6.6%	0.33%	-1.8%
DHR	Sell	DANAHER CORPORATION	$2,237,000	-0.2%	8,659	-2.0%	0.29%	+6.7%
CSGP	Buy	COSTAR GROUP INC	$2,231,000	+15.8%	32,033	+0.5%	0.28%	+23.4%
BXMT	Buy	BLACKSTONE MTG TR INC	$2,178,000	-0.2%	93,336	+18.3%	0.28%	+6.9%
PSA	Buy	PUBLIC STORAGE	$2,169,000	-6.3%	7,408	+0.1%	0.28%	0.0%
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$2,149,000	–	40,376	–	0.28%	–
GLOB	Buy	GLOBANT S A	$2,128,000	+8.5%	11,373	+0.9%	0.27%	+15.7%
HEI	Buy	HEICO CORP NEW	$2,071,000	+10.3%	14,382	+0.4%	0.26%	+17.8%
RBA	Buy	RITCHIE BROS AUCTIONEERS	$1,888,000	-3.7%	30,219	+0.2%	0.24%	+2.6%
PAYC	Buy	PAYCOM SOFTWARE INC	$1,832,000	+18.0%	5,553	+0.2%	0.23%	+25.8%
	New	ANNALY CAPITAL MANAGEMENT IN	$1,794,000	–	104,573	–	0.23%	–
TYL	Buy	TYLER TECHNOLOGIES INC	$1,772,000	+5.2%	5,098	+0.6%	0.23%	+12.4%
ADI	Sell	ANALOG DEVICES INC	$1,741,000	-5.2%	12,497	-0.6%	0.22%	+1.4%
AFL	Buy	AFLAC INC	$1,737,000	+1.6%	30,912	+0.1%	0.22%	+8.3%
FAST	Buy	FASTENAL CO	$1,660,000	-7.5%	36,051	+0.3%	0.21%	-1.4%
WST	Sell	WEST PHARMACEUTICAL SVSC INC	$1,652,000	-18.9%	6,714	-0.3%	0.21%	-13.5%
GOOGL	Buy	ALPHABET INCcap stk cl a	$1,591,000	-4.4%	16,630	+2076.7%	0.20%	+2.0%
GOOG	Buy	ALPHABET INCcap stk cl c	$1,522,000	-19.4%	15,834	+1734.8%	0.20%	-13.7%
VRSK	Buy	VERISK ANALYTICS INC	$1,514,000	-1.0%	8,876	+0.5%	0.19%	+6.0%
ROL	Buy	ROLLINS INC	$1,497,000	0.0%	43,174	+0.7%	0.19%	+6.7%
SPGI	Sell	S&P GLOBAL INC	$1,454,000	-9.9%	4,759	-0.6%	0.19%	-3.6%
CRM	Sell	SALESFORCE INC	$1,440,000	-17.5%	10,015	-5.3%	0.18%	-12.0%
BMY	Sell	BRISTOL-MYERS SQUIBB CO	$1,410,000	-12.5%	19,831	-5.3%	0.18%	-6.7%
	Sell	PHILLIPS EDISON & CO INC	$1,399,000	-42.3%	49,862	-31.3%	0.18%	-38.3%
ESGV	Sell	VANGUARD WORLD FDesg us stk etf	$1,360,000	-7.4%	21,611	-2.3%	0.17%	-1.1%
SBUX	Sell	STARBUCKS CORP	$1,360,000	+10.2%	16,140	-0.1%	0.17%	+17.6%
JPM	Buy	JPMORGAN CHASE & CO	$1,347,000	+2.0%	12,884	+9.8%	0.17%	+8.9%
FIVE	Buy	FIVE BELOW INC	$1,341,000	+22.0%	9,742	+0.5%	0.17%	+30.3%
LOPE	Sell	GRAND CANYON ED INC	$1,312,000	-30.2%	15,954	-20.1%	0.17%	-25.3%
PG	Sell	PROCTER AND GAMBLE CO	$1,312,000	-18.5%	10,396	-7.1%	0.17%	-13.0%
VEEV	Sell	VEEVA SYS INC	$1,274,000	-20.9%	7,729	-5.0%	0.16%	-15.5%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$1,259,000	-1.9%	4,716	+0.3%	0.16%	+4.5%
PFE	Sell	PFIZER INC	$1,177,000	-17.1%	26,897	-0.6%	0.15%	-11.2%
V	Sell	VISA INC	$1,176,000	-21.5%	6,618	-13.1%	0.15%	-16.2%
MPC	Buy	MARATHON PETE CORP	$1,161,000	+21.1%	11,694	+0.3%	0.15%	+28.7%
NOW	Sell	SERVICENOW INC	$1,050,000	-21.6%	2,782	-1.2%	0.13%	-16.2%
VXUS	Sell	VANGUARD STAR FDSvg tl intl stk f	$1,032,000	-14.6%	22,548	-3.8%	0.13%	-9.0%
AMED	Buy	AMEDISYS INC	$1,036,000	-7.3%	10,701	+0.7%	0.13%	-1.5%
ANSS	Sell	ANSYS INC	$1,031,000	-9.9%	4,650	-2.7%	0.13%	-3.6%
KO	Buy	COCA COLA CO	$1,035,000	+14.0%	18,488	+28.1%	0.13%	+21.1%
VEA	Buy	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$1,014,000	-2.2%	27,876	+9.7%	0.13%	+4.8%
IDXX	Buy	IDEXX LABS INC	$998,000	-6.3%	3,063	+0.9%	0.13%	+0.8%
WK	Buy	WORKIVA INC	$914,000	+122.9%	11,742	+88.8%	0.12%	+138.8%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$915,000	+39.3%	14,875	+93.4%	0.12%	+48.1%
AREC	Sell	AMERICAN RES CORPcl a	$889,000	+81.8%	332,975	-1.2%	0.11%	+93.2%
HD	Sell	HOME DEPOT INC	$879,000	-10.9%	3,185	-11.5%	0.11%	-5.1%
SPYD	Buy	SPDR SER TRprtflo s&p500 hi	$878,000	+5.9%	24,763	+19.2%	0.11%	+13.1%
ZI	New	ZOOMINFO TECHNOLOGIES INC	$879,000	–	21,091	–	0.11%	–
MMM	Sell	3M CO	$874,000	-86.9%	7,912	-84.7%	0.11%	-86.0%
ECL	Sell	ECOLAB INC	$870,000	-8.6%	6,023	-2.7%	0.11%	-2.6%
BL	Buy	BLACKLINE INC	$853,000	-9.5%	14,236	+0.5%	0.11%	-3.5%
XEL	Buy	XCEL ENERGY INC	$853,000	+11.8%	13,336	+23.7%	0.11%	+19.8%
NEE	Sell	NEXTERA ENERGY INC	$809,000	+1.0%	10,327	-0.1%	0.10%	+7.3%
ALL	Buy	ALLSTATE CORP	$762,000	-1.4%	6,116	+0.2%	0.10%	+4.3%
SPHQ	Buy	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$728,000	-3.6%	18,319	+1.9%	0.09%	+3.3%
IWO	Sell	ISHARES TRrus 2000 grw etf	$718,000	-1.9%	3,475	-2.1%	0.09%	+4.5%
ALGN	New	ALIGN TECHNOLOGY INC	$692,000	–	3,343	–	0.09%	–
JNJ	Sell	JOHNSON & JOHNSON	$688,000	-20.1%	4,210	-13.2%	0.09%	-14.6%
ENSG	Buy	ENSIGN GROUP INC	$660,000	+8.9%	8,299	+0.6%	0.08%	+15.1%
SUSA	Sell	ISHARES TRmsci usa esg slc	$650,000	-8.6%	8,562	-2.9%	0.08%	-2.4%
CVX	Sell	CHEVRON CORP NEW	$644,000	-14.0%	4,485	-13.3%	0.08%	-8.9%
ILMN	Buy	ILLUMINA INC	$631,000	+3.4%	3,309	+0.0%	0.08%	+11.0%
LOW	Buy	LOWES COS INC	$616,000	+8.8%	3,278	+1.1%	0.08%	+16.2%
HES	Sell	HESS CORP	$607,000	+1.0%	5,572	-1.8%	0.08%	+8.3%
MA	Sell	MASTERCARD INCORPORATEDcl a	$560,000	-16.5%	1,969	-7.5%	0.07%	-10.0%
NXPI	Buy	NXP SEMICONDUCTORS N V	$556,000	-0.2%	3,772	+0.3%	0.07%	+6.0%
LLY	Sell	LILLY ELI & CO	$546,000	-1.8%	1,689	-1.6%	0.07%	+4.5%
NFLX	Sell	NETFLIX INC	$537,000	+29.4%	2,279	-4.0%	0.07%	+38.0%
DE	Buy	DEERE & CO	$521,000	+12.3%	1,562	+0.8%	0.07%	+19.6%
BAC	Buy	BK OF AMERICA CORP	$509,000	+15.7%	16,848	+19.3%	0.06%	+22.6%
PEP	Sell	PEPSICO INC	$504,000	-2.5%	3,086	-0.5%	0.06%	+3.2%
OSH	Buy	OAK STR HEALTH INC	$491,000	+50.2%	20,027	+0.6%	0.06%	+61.5%
IWF	Sell	ISHARES TRrus 1000 grw etf	$470,000	-12.0%	2,234	-8.6%	0.06%	-6.2%
MS	Sell	MORGAN STANLEY	$465,000	-0.6%	5,892	-4.3%	0.06%	+5.4%
PYPL	Sell	PAYPAL HLDGS INC	$464,000	+11.5%	5,393	-9.5%	0.06%	+18.0%
WMT	Sell	WALMART INC	$453,000	+4.4%	3,487	-2.2%	0.06%	+11.5%
CERT	Buy	CERTARA INC	$444,000	-37.7%	33,421	+0.6%	0.06%	-32.9%
OTTR	Buy	OTTER TAIL CORP	$436,000	+116.9%	7,086	+136.2%	0.06%	+133.3%
IVV	Sell	ISHARES TRcore s&p500 etf	$431,000	-5.5%	1,202	-0.2%	0.06%	0.0%
CRL	Sell	CHARLES RIV LABS INTL INC	$421,000	-9.7%	2,138	-1.8%	0.05%	-3.6%
VB	Sell	VANGUARD INDEX FDSsmall cp etf	$414,000	-4.6%	2,420	-1.7%	0.05%	+1.9%
GWRE	Buy	GUIDEWIRE SOFTWARE INC	$415,000	-12.6%	6,738	+0.7%	0.05%	-7.0%
IAC	Sell	IAC INC	$397,000	-27.3%	7,168	-0.2%	0.05%	-21.5%
PFF	Sell	ISHARES TRpfd and incm sec	$393,000	-8.2%	12,406	-4.7%	0.05%	-2.0%
VGT	Sell	VANGUARD WORLD FDSinf tech etf	$394,000	-31.7%	1,281	-27.5%	0.05%	-27.5%
ABT	Sell	ABBOTT LABS	$343,000	-35.2%	3,553	-27.0%	0.04%	-30.2%
MRK	Sell	MERCK & CO INC	$332,000	-27.0%	3,859	-22.7%	0.04%	-22.2%
UNP	Sell	UNION PAC CORP	$309,000	-11.7%	1,587	-3.2%	0.04%	-4.8%
CMCSA	Sell	COMCAST CORP NEWcl a	$303,000	-37.3%	10,345	-15.9%	0.04%	-32.8%
BIIB	Sell	BIOGEN INC	$302,000	+28.0%	1,132	-2.2%	0.04%	+39.3%
NSC	Buy	NORFOLK SOUTHN CORP	$308,000	-6.9%	1,468	+0.8%	0.04%	-2.5%
IGF	Sell	ISHARES TRglb infrastr etf	$293,000	-28.5%	7,000	-20.1%	0.04%	-24.5%
TXN	Sell	TEXAS INSTRS INC	$279,000	-2.4%	1,806	-3.1%	0.04%	+5.9%
KMI	Sell	KINDER MORGAN INC DEL	$271,000	-4.2%	16,303	-3.6%	0.04%	+2.9%
MDT	Sell	MEDTRONIC PLC	$263,000	-34.6%	3,254	-27.3%	0.03%	-29.2%
USB	Sell	US BANCORP DEL	$266,000	-13.6%	6,598	-1.5%	0.03%	-8.1%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$255,000	+12.3%	3,177	+27.4%	0.03%	+22.2%
CAT	Buy	CATERPILLAR INC	$248,000	-6.4%	1,511	+2.1%	0.03%	0.0%
COST	Buy	COSTCO WHSL CORP NEW	$251,000	+3.7%	530	+5.2%	0.03%	+10.3%
CTVA	Sell	CORTEVA INC	$254,000	-6.6%	4,451	-11.4%	0.03%	-3.0%
ORCL	Sell	ORACLE CORP	$244,000	-13.8%	3,992	-1.6%	0.03%	-8.8%
ACN	Sell	ACCENTURE PLC IRELAND	$231,000	-16.6%	899	-9.7%	0.03%	-9.1%
VUSB	New	VANGUARD BD INDEX FDSvanguard ultra	$237,000	–	4,833	–	0.03%	–
HSY	Sell	HERSHEY CO	$231,000	0.0%	1,046	-2.5%	0.03%	+7.1%
DFS	New	DISCOVER FINL SVCS	$234,000	–	2,576	–	0.03%	–
FB	Sell	META PLATFORMS INCcl a	$223,000	-52.5%	1,643	-43.5%	0.03%	-48.2%
UGI	Sell	UGI CORP NEW	$230,000	-16.7%	7,117	-0.3%	0.03%	-12.1%
DD	Buy	DUPONT DE NEMOURS INC	$221,000	-9.1%	4,391	+0.3%	0.03%	-3.4%
HON	Sell	HONEYWELL INTL INC	$222,000	-14.9%	1,328	-11.4%	0.03%	-9.7%
ADP	New	AUTOMATIC DATA PROCESSING IN	$212,000	–	938	–	0.03%	–
REGN	New	REGENERON PHARMACEUTICALS	$211,000	–	306	–	0.03%	–
JEPI	New	J P MORGAN EXCHANGE TRADED Fequity premium	$206,000	–	4,022	–	0.03%	–
PSX	Sell	PHILLIPS 66	$205,000	-8.1%	2,541	-6.6%	0.03%	-3.7%
NEOG	Buy	NEOGEN CORP	$174,000	-41.8%	12,483	+0.5%	0.02%	-38.9%
LUMN	Buy	LUMEN TECHNOLOGIES INC	$154,000	+41.3%	21,154	+111.5%	0.02%	+53.8%
	New	DIGITALBRIDGE GROUP INCcl a new	$156,000	–	12,500	–	0.02%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-375	–	-0.02%	–
TSLA	Exit	TESLA INC	$0	–	-306	–	-0.02%	–
BSV	Exit	VANGUARD BD INDEX FDSshort trm bond	$0	–	-2,695	–	-0.02%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-1,451	–	-0.02%	–
AVGO	Exit	BROADCOM INC	$0	–	-441	–	-0.03%	–
INTU	Exit	INTUIT	$0	–	-567	–	-0.03%	–
TWLO	Exit	TWILIO INCcl a	$0	–	-2,788	–	-0.03%	–
GIS	Exit	GENERAL MLS INC	$0	–	-3,105	–	-0.03%	–
QCOM	Exit	QUALCOMM INC	$0	–	-1,909	–	-0.03%	–
DBRG	Exit	DIGITALBRIDGE GROUP INC	$0	–	-50,000	–	-0.03%	–
BLK	Exit	BLACKROCK INC	$0	–	-393	–	-0.03%	–
DIS	Exit	DISNEY WALT CO	$0	–	-2,598	–	-0.03%	–
CMI	Exit	CUMMINS INC	$0	–	-1,315	–	-0.03%	–
FLRN	Exit	SPDR SER TRbloomberg invt	$0	–	-8,539	–	-0.03%	–
SCHD	Exit	SCHWAB STRATEGIC TRus dividend eq	$0	–	-3,818	–	-0.03%	–
TOLZ	Exit	PROSHARES TRdj brkfld glb	$0	–	-7,000	–	-0.04%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-984	–	-0.04%	–
SCHV	Exit	SCHWAB STRATEGIC TRus lcap va etf	$0	–	-6,136	–	-0.05%	–
SCHG	Exit	SCHWAB STRATEGIC TRus lcap gr etf	$0	–	-7,103	–	-0.05%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-7,570	–	-0.06%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-7,081	–	-0.09%	–
AVLR	Exit	AVALARA INC	$0	–	-12,424	–	-0.10%	–
JPIB	Exit	J P MORGAN EXCHANGE TRADED Fintl bd opp etf	$0	–	-31,445	–	-0.17%	–
VXF	Exit	VANGUARD INDEX FDSextend mkt etf	$0	–	-11,339	–	-0.18%	–
IGSB	Exit	ISHARES TR	$0	–	-30,471	–	-0.18%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-38,680	–	-0.19%	–
SJNK	Exit	SPDR SER TRbloomberg sht te	$0	–	-71,788	–	-0.21%	–
VRIG	Exit	INVESCO ACTIVELY MANAGED ETFvar rate invt	$0	–	-78,505	–	-0.23%	–
NLY	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-368,413	–	-0.26%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-218,616	–	-0.71%	–
SPSB	Exit	SPDR SER TRportfolio short	$0	–	-256,843	–	-0.91%	–
GSK	Exit	GSK PLCsponsored adr	$0	–	-181,384	–	-0.94%	–

Q2 2022

			Value		Shares		↓ Weighting
IEFA	New	ISHARES TRcore msci eafe	$118,272,000	–	2,009,724	–	14.16%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$105,568,000	–	376,653	–	12.64%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$43,169,000	–	1,372,628	–	5.17%	–
VOO	New	VANGUARD INDEX FDS	$38,978,000	–	112,368	–	4.66%	–
VYM	New	VANGUARD WHITEHALL FDShigh div yld	$36,114,000	–	355,099	–	4.32%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$30,934,000	–	81,999	–	3.70%	–
AGG	New	ISHARES TRcore us aggbd et	$28,391,000	–	279,222	–	3.40%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$18,475,000	–	97,947	–	2.21%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$14,895,000	–	195,315	–	1.78%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$12,016,000	–	150,162	–	1.44%	–
INTC	New	INTEL CORP	$10,377,000	–	277,398	–	1.24%	–
ABBV	New	ABBVIE INC	$10,044,000	–	65,576	–	1.20%	–
XOM	New	EXXON MOBIL CORP	$9,895,000	–	115,537	–	1.18%	–
CSCO	New	CISCO SYS INC	$9,405,000	–	220,557	–	1.13%	–
VLO	New	VALERO ENERGY CORP	$9,407,000	–	88,514	–	1.13%	–
SO	New	SOUTHERN CO	$8,520,000	–	119,483	–	1.02%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$8,209,000	–	58,140	–	0.98%	–
DUK	New	DUKE ENERGY CORP NEW	$8,166,000	–	76,164	–	0.98%	–
GSK	New	GSK PLCsponsored adr	$7,896,000	–	181,384	–	0.94%	–
GILD	New	GILEAD SCIENCES INC	$7,875,000	–	127,413	–	0.94%	–
KHC	New	KRAFT HEINZ CO	$7,878,000	–	206,550	–	0.94%	–
SPSB	New	SPDR SER TRportfolio short	$7,636,000	–	256,843	–	0.91%	–
AMGN	New	AMGEN INC	$7,487,000	–	30,773	–	0.90%	–
RIO	New	RIO TINTO PLCsponsored adr	$7,452,000	–	122,167	–	0.89%	–
ARCC	New	ARES CAPITAL CORP	$7,417,000	–	413,650	–	0.89%	–
T	New	AT&T INC	$7,355,000	–	350,927	–	0.88%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$7,284,000	–	83,289	–	0.87%	–
NWL	New	NEWELL BRANDS INC	$7,181,000	–	377,163	–	0.86%	–
LEG	New	LEGGETT & PLATT INC	$7,013,000	–	202,815	–	0.84%	–
DOW	New	DOW INC	$6,975,000	–	135,154	–	0.84%	–
TRP	New	TC ENERGY CORP	$6,968,000	–	134,497	–	0.83%	–
PRU	New	PRUDENTIAL FINL INC	$6,944,000	–	72,578	–	0.83%	–
VZ	New	VERIZON COMMUNICATIONS INC	$6,712,000	–	132,254	–	0.80%	–
MSFT	New	MICROSOFT CORP	$6,672,000	–	25,977	–	0.80%	–
MMM	New	3M CO	$6,677,000	–	51,593	–	0.80%	–
IP	New	INTERNATIONAL PAPER CO	$6,643,000	–	158,800	–	0.80%	–
HBAN	New	HUNTINGTON BANCSHARES INC	$6,276,000	–	521,678	–	0.75%	–
IDV	New	ISHARES TRintl sel div etf	$5,938,000	–	218,616	–	0.71%	–
HBI	New	HANESBRANDS INC	$5,295,000	–	514,572	–	0.63%	–
VTRS	New	VIATRIS INC	$5,245,000	–	500,989	–	0.63%	–
EXR	New	EXTRA SPACE STORAGE INC	$5,186,000	–	30,486	–	0.62%	–
NRZ	New	NEW RESIDENTIAL INVT CORP	$4,967,000	–	532,985	–	0.59%	–
AGNC	New	AGNC INVT CORP	$4,677,000	–	422,474	–	0.56%	–
NVDA	New	NVIDIA CORPORATION	$4,263,000	–	28,125	–	0.51%	–
AAPL	New	APPLE INC	$3,824,000	–	27,972	–	0.46%	–
MCD	New	MCDONALDS CORP	$3,454,000	–	13,990	–	0.41%	–
STWD	New	STARWOOD PPTY TR INC	$3,213,000	–	153,804	–	0.38%	–
UNH	New	UNITEDHEALTH GROUP INC	$2,818,000	–	5,487	–	0.34%	–
AMZN	New	AMAZON COM INC	$2,807,000	–	26,429	–	0.34%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$2,784,000	–	15,250	–	0.33%	–
WM	New	WASTE MGMT INC DEL	$2,497,000	–	16,321	–	0.30%	–
	New	PHILLIPS EDISON & CO INC	$2,424,000	–	72,547	–	0.29%	–
PSA	New	PUBLIC STORAGE	$2,314,000	–	7,400	–	0.28%	–
DHR	New	DANAHER CORPORATION	$2,241,000	–	8,839	–	0.27%	–
BXMT	New	BLACKSTONE MTG TR INC	$2,183,000	–	78,882	–	0.26%	–
NLY	New	ANNALY CAPITAL MANAGEMENT IN	$2,177,000	–	368,413	–	0.26%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$2,036,000	–	6,733	–	0.24%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$1,961,000	–	30,144	–	0.24%	–
GLOB	New	GLOBANT S A	$1,961,000	–	11,268	–	0.24%	–
VRIG	New	INVESCO ACTIVELY MANAGED ETFvar rate invt	$1,935,000	–	78,505	–	0.23%	–
CSGP	New	COSTAR GROUP INC	$1,926,000	–	31,883	–	0.23%	–
GOOG	New	ALPHABET INCcap stk cl c	$1,888,000	–	863	–	0.23%	–
HEI	New	HEICO CORP NEW	$1,877,000	–	14,318	–	0.22%	–
LOPE	New	GRAND CANYON ED INC	$1,881,000	–	19,972	–	0.22%	–
ADI	New	ANALOG DEVICES INC	$1,836,000	–	12,567	–	0.22%	–
IRT	New	INDEPENDENCE RLTY TR INC	$1,824,000	–	88,006	–	0.22%	–
FAST	New	FASTENAL CO	$1,794,000	–	35,928	–	0.22%	–
CRM	New	SALESFORCE INC	$1,745,000	–	10,571	–	0.21%	–
SJNK	New	SPDR SER TRbloomberg sht te	$1,732,000	–	71,788	–	0.21%	–
AFL	New	AFLAC INC	$1,709,000	–	30,880	–	0.20%	–
TYL	New	TYLER TECHNOLOGIES INC	$1,685,000	–	5,067	–	0.20%	–
GOOGL	New	ALPHABET INCcap stk cl a	$1,665,000	–	764	–	0.20%	–
VEEV	New	VEEVA SYS INC	$1,611,000	–	8,134	–	0.19%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,612,000	–	20,931	–	0.19%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$1,611,000	–	38,680	–	0.19%	–
PG	New	PROCTER AND GAMBLE CO	$1,609,000	–	11,192	–	0.19%	–
SPGI	New	S&P GLOBAL INC	$1,614,000	–	4,788	–	0.19%	–
PAYC	New	PAYCOM SOFTWARE INC	$1,553,000	–	5,544	–	0.19%	–
IGSB	New	ISHARES TR	$1,540,000	–	30,471	–	0.18%	–
VRSK	New	VERISK ANALYTICS INC	$1,529,000	–	8,834	–	0.18%	–
ROL	New	ROLLINS INC	$1,497,000	–	42,860	–	0.18%	–
V	New	VISA INC	$1,499,000	–	7,612	–	0.18%	–
VXF	New	VANGUARD INDEX FDSextend mkt etf	$1,487,000	–	11,339	–	0.18%	–
ESGV	New	VANGUARD WORLD FDesg us stk etf	$1,468,000	–	22,113	–	0.18%	–
PFE	New	PFIZER INC	$1,419,000	–	27,071	–	0.17%	–
JPIB	New	J P MORGAN EXCHANGE TRADED Fintl bd opp etf	$1,413,000	–	31,445	–	0.17%	–
NOW	New	SERVICENOW INC	$1,340,000	–	2,817	–	0.16%	–
JPM	New	JPMORGAN CHASE & CO	$1,321,000	–	11,729	–	0.16%	–
VTEB	New	VANGUARD MUN BD FDStax exempt bd	$1,304,000	–	26,130	–	0.16%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,283,000	–	4,701	–	0.15%	–
SBUX	New	STARBUCKS CORP	$1,234,000	–	16,149	–	0.15%	–
VXUS	New	VANGUARD STAR FDSvg tl intl stk f	$1,209,000	–	23,435	–	0.14%	–
ANSS	New	ANSYS INC	$1,144,000	–	4,781	–	0.14%	–
AMED	New	AMEDISYS INC	$1,117,000	–	10,623	–	0.13%	–
LSI	New	LIFE STORAGE INC	$1,105,000	–	9,900	–	0.13%	–
FIVE	New	FIVE BELOW INC	$1,099,000	–	9,693	–	0.13%	–
IDXX	New	IDEXX LABS INC	$1,065,000	–	3,037	–	0.13%	–
VEA	New	VANGUARD TAX-MANAGED INTL FDvan ftse dev mkt	$1,037,000	–	25,415	–	0.12%	–
HD	New	HOME DEPOT INC	$987,000	–	3,599	–	0.12%	–
MPC	New	MARATHON PETE CORP	$959,000	–	11,663	–	0.12%	–
ECL	New	ECOLAB INC	$952,000	–	6,189	–	0.11%	–
BL	New	BLACKLINE INC	$943,000	–	14,159	–	0.11%	–
KO	New	COCA COLA CO	$908,000	–	14,427	–	0.11%	–
AVLR	New	AVALARA INC	$877,000	–	12,424	–	0.10%	–
JNJ	New	JOHNSON & JOHNSON	$861,000	–	4,852	–	0.10%	–
SPYD	New	SPDR SER TRprtflo s&p500 hi	$829,000	–	20,772	–	0.10%	–
NEE	New	NEXTERA ENERGY INC	$801,000	–	10,337	–	0.10%	–
ALL	New	ALLSTATE CORP	$773,000	–	6,101	–	0.09%	–
XEL	New	XCEL ENERGY INC	$763,000	–	10,779	–	0.09%	–
CVX	New	CHEVRON CORP NEW	$749,000	–	5,174	–	0.09%	–
MUB	New	ISHARES TRnational mun etf	$753,000	–	7,081	–	0.09%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$755,000	–	17,983	–	0.09%	–
IWO	New	ISHARES TRrus 2000 grw etf	$732,000	–	3,550	–	0.09%	–
SUSA	New	ISHARES TRmsci usa esg slc	$711,000	–	8,815	–	0.08%	–
CERT	New	CERTARA INC	$713,000	–	33,232	–	0.08%	–
MA	New	MASTERCARD INCORPORATEDcl a	$671,000	–	2,128	–	0.08%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$657,000	–	7,691	–	0.08%	–
ESGD	New	ISHARES TResg aw msci eafe	$620,000	–	9,881	–	0.07%	–
ILMN	New	ILLUMINA INC	$610,000	–	3,308	–	0.07%	–
ENSG	New	ENSIGN GROUP INC	$606,000	–	8,251	–	0.07%	–
HES	New	HESS CORP	$601,000	–	5,676	–	0.07%	–
VGT	New	VANGUARD WORLD FDSinf tech etf	$577,000	–	1,766	–	0.07%	–
LOW	New	LOWES COS INC	$566,000	–	3,242	–	0.07%	–
NXPI	New	NXP SEMICONDUCTORS N V	$557,000	–	3,760	–	0.07%	–
LLY	New	LILLY ELI & CO	$556,000	–	1,716	–	0.07%	–
IAC	New	IAC INTERACTIVECORP NEW	$546,000	–	7,181	–	0.06%	–
IWF	New	ISHARES TRrus 1000 grw etf	$534,000	–	2,443	–	0.06%	–
ABT	New	ABBOTT LABS	$529,000	–	4,868	–	0.06%	–
PEP	New	PEPSICO INC	$517,000	–	3,103	–	0.06%	–
MGV	New	VANGUARD WORLD FDmega cap val etf	$508,000	–	5,283	–	0.06%	–
AREC	New	AMERICAN RES CORPcl a	$489,000	–	337,032	–	0.06%	–
CMCSA	New	COMCAST CORP NEWcl a	$483,000	–	12,297	–	0.06%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$475,000	–	6,690	–	0.06%	–
EFA	New	ISHARES TRmsci eafe etf	$473,000	–	7,570	–	0.06%	–
CRL	New	CHARLES RIV LABS INTL INC	$466,000	–	2,178	–	0.06%	–
MS	New	MORGAN STANLEY	$468,000	–	6,154	–	0.06%	–
DE	New	DEERE & CO	$464,000	–	1,550	–	0.06%	–
FB	New	META PLATFORMS INCcl a	$469,000	–	2,906	–	0.06%	–
IVV	New	ISHARES TRcore s&p500 etf	$456,000	–	1,204	–	0.06%	–
MRK	New	MERCK & CO INC	$455,000	–	4,991	–	0.05%	–
BAC	New	BK OF AMERICA CORP	$440,000	–	14,124	–	0.05%	–
WMT	New	WALMART INC	$434,000	–	3,566	–	0.05%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$434,000	–	2,462	–	0.05%	–
PFF	New	ISHARES TRpfd and incm sec	$428,000	–	13,013	–	0.05%	–
NFLX	New	NETFLIX INC	$415,000	–	2,373	–	0.05%	–
PYPL	New	PAYPAL HLDGS INC	$416,000	–	5,960	–	0.05%	–
IGF	New	ISHARES TRglb infrastr etf	$410,000	–	8,761	–	0.05%	–
LMT	New	LOCKHEED MARTIN CORP	$411,000	–	957	–	0.05%	–
SCHG	New	SCHWAB STRATEGIC TRus lcap gr etf	$412,000	–	7,103	–	0.05%	–
VBK	New	VANGUARD INDEX FDSsml cp grw etf	$411,000	–	2,088	–	0.05%	–
WK	New	WORKIVA INC	$410,000	–	6,220	–	0.05%	–
MDT	New	MEDTRONIC PLC	$402,000	–	4,474	–	0.05%	–
MGK	New	VANGUARD WORLD FDmega grwth ind	$388,000	–	2,137	–	0.05%	–
SCHV	New	SCHWAB STRATEGIC TRus lcap va etf	$383,000	–	6,136	–	0.05%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$360,000	–	984	–	0.04%	–
UNP	New	UNION PAC CORP	$350,000	–	1,639	–	0.04%	–
NSC	New	NORFOLK SOUTHN CORP	$331,000	–	1,456	–	0.04%	–
TOLZ	New	PROSHARES TRdj brkfld glb	$322,000	–	7,000	–	0.04%	–
AMLP	New	ALPS ETF TRalerian mlp	$325,000	–	9,427	–	0.04%	–
OSH	New	OAK STR HEALTH INC	$327,000	–	19,905	–	0.04%	–
AAAU	New	GOLDMAN SACHS PHYSICAL GOLDunit	$310,000	–	17,268	–	0.04%	–
USB	New	US BANCORP DEL	$308,000	–	6,697	–	0.04%	–
NEOG	New	NEOGEN CORP	$299,000	–	12,424	–	0.04%	–
IWR	New	ISHARES TRrus mid cap etf	$298,000	–	4,601	–	0.04%	–
KMI	New	KINDER MORGAN INC DEL	$283,000	–	16,915	–	0.03%	–
TXN	New	TEXAS INSTRS INC	$286,000	–	1,863	–	0.03%	–
ORCL	New	ORACLE CORP	$283,000	–	4,057	–	0.03%	–
UGI	New	UGI CORP NEW	$276,000	–	7,141	–	0.03%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$273,000	–	3,818	–	0.03%	–
ACN	New	ACCENTURE PLC IRELAND	$277,000	–	996	–	0.03%	–
CTVA	New	CORTEVA INC	$272,000	–	5,021	–	0.03%	–
CAT	New	CATERPILLAR INC	$265,000	–	1,480	–	0.03%	–
HON	New	HONEYWELL INTL INC	$261,000	–	1,499	–	0.03%	–
FLRN	New	SPDR SER TRbloomberg invt	$257,000	–	8,539	–	0.03%	–
EXAS	New	EXACT SCIENCES CORP	$250,000	–	6,341	–	0.03%	–
CMI	New	CUMMINS INC	$254,000	–	1,315	–	0.03%	–
DD	New	DUPONT DE NEMOURS INC	$243,000	–	4,379	–	0.03%	–
QCOM	New	QUALCOMM INC	$244,000	–	1,909	–	0.03%	–
BLK	New	BLACKROCK INC	$239,000	–	393	–	0.03%	–
BP	New	BP PLCsponsored adr	$244,000	–	8,600	–	0.03%	–
COST	New	COSTCO WHSL CORP NEW	$242,000	–	504	–	0.03%	–
DBRG	New	DIGITALBRIDGE GROUP INC	$244,000	–	50,000	–	0.03%	–
DIS	New	DISNEY WALT CO	$245,000	–	2,598	–	0.03%	–
GIS	New	GENERAL MLS INC	$234,000	–	3,105	–	0.03%	–
TWLO	New	TWILIO INCcl a	$234,000	–	2,788	–	0.03%	–
BIIB	New	BIOGEN INC	$236,000	–	1,157	–	0.03%	–
HSY	New	HERSHEY CO	$231,000	–	1,073	–	0.03%	–
PLTR	New	PALANTIR TECHNOLOGIES INCcl a	$223,000	–	24,603	–	0.03%	–
PSX	New	PHILLIPS 66	$223,000	–	2,721	–	0.03%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$227,000	–	2,493	–	0.03%	–
AVGO	New	BROADCOM INC	$214,000	–	441	–	0.03%	–
INTU	New	INTUIT	$219,000	–	567	–	0.03%	–
IWD	New	ISHARES TRrus 1000 val etf	$210,000	–	1,451	–	0.02%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$207,000	–	2,695	–	0.02%	–
TSLA	New	TESLA INC	$206,000	–	306	–	0.02%	–
OTTR	New	OTTER TAIL CORP	$201,000	–	3,000	–	0.02%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$204,000	–	375	–	0.02%	–
XSPA	New	XPRESSPA GROUP INC	$185,000	–	268,000	–	0.02%	–
LUMN	New	LUMEN TECHNOLOGIES INC	$109,000	–	10,000	–	0.01%	–
NINE	New	NINE ENERGY SERVICE INC	$107,000	–	40,458	–	0.01%	–
PAYS	New	PAYSIGN INC	$15,000	–	10,000	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
PAYS	Exit	PAYSIGN INC	$0	–	-10,000	–	-0.00%	–
NINE	Exit	NINE ENERGY SERVICE INC	$0	–	-93,258	–	-0.02%	–
AAAU	Exit	GOLDMAN SACHS PHYSICAL GOLDunit	$0	–	-11,428	–	-0.02%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-353	–	-0.02%	–
C	Exit	CITIGROUP INC	$0	–	-2,925	–	-0.03%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-673	–	-0.03%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,015	–	-0.03%	–
ROK	Exit	ROCKWELL AUTOMATION INC	$0	–	-724	–	-0.03%	–
ALRS	Exit	ALERUS FINL CORP	$0	–	-7,780	–	-0.03%	–
BP	Exit	BP PLCsponsored adr	$0	–	-8,600	–	-0.03%	–
UNP	Exit	UNION PAC CORP	$0	–	-1,233	–	-0.03%	–
SQ	Exit	SQUARE INCcl a	$0	–	-1,000	–	-0.03%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-2,488	–	-0.03%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-4,920	–	-0.03%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-1,000	–	-0.03%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-1,373	–	-0.03%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-16,200	–	-0.03%	–
PRLB	Exit	PROTO LABS INC	$0	–	-4,059	–	-0.03%	–
CAT	Exit	CATERPILLAR INC	$0	–	-1,480	–	-0.04%	–
VMEO	Exit	VIMEO INC	$0	–	-9,509	–	-0.04%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,364	–	-0.04%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-3,355	–	-0.04%	–
DIS	Exit	DISNEY WALT CO	$0	–	-1,752	–	-0.04%	–
DBRG	Exit	DIGITALBRIDGE GROUP INC	$0	–	-50,000	–	-0.04%	–
UGI	Exit	UGI CORP NEW	$0	–	-7,117	–	-0.04%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-896	–	-0.04%	–
TOLZ	Exit	PROSHARES TRdj brkfld glb	$0	–	-7,000	–	-0.04%	–
BIIB	Exit	BIOGEN INC	$0	–	-1,125	–	-0.04%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-9,906	–	-0.04%	–
WMT	Exit	WALMART INC	$0	–	-2,339	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-4,491	–	-0.04%	–
LLY	Exit	LILLY ELI & CO	$0	–	-1,462	–	-0.04%	–
IGF	Exit	ISHARES TRglb infrastr etf	$0	–	-7,386	–	-0.04%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-2,733	–	-0.04%	–
ABT	Exit	ABBOTT LABS	$0	–	-2,988	–	-0.04%	–
VGT	Exit	VANGUARD WORLD FDSinf tech etf	$0	–	-900	–	-0.04%	–
ORCL	Exit	ORACLE CORP	$0	–	-4,112	–	-0.04%	–
USB	Exit	US BANCORP DEL	$0	–	-6,284	–	-0.05%	–
PEP	Exit	PEPSICO INC	$0	–	-2,590	–	-0.05%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,218	–	-0.05%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-9,957	–	-0.05%	–
HES	Exit	HESS CORP	$0	–	-5,555	–	-0.05%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-1,612	–	-0.06%	–
NEOG	Exit	NEOGEN CORP	$0	–	-10,268	–	-0.06%	–
ESGD	Exit	ISHARES TResg aw msci eafe	$0	–	-5,677	–	-0.06%	–
DE	Exit	DEERE & CO	$0	–	-1,465	–	-0.06%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-8,883	–	-0.06%	–
MGK	Exit	VANGUARD WORLD FDmega grwth ind	$0	–	-2,137	–	-0.06%	–
ENSG	Exit	ENSIGN GROUP INC	$0	–	-6,843	–	-0.06%	–
MGV	Exit	VANGUARD WORLD FDmega cap val etf	$0	–	-5,283	–	-0.06%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-2,420	–	-0.07%	–
MS	Exit	MORGAN STANLEY	$0	–	-5,618	–	-0.07%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-8,744	–	-0.07%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,312	–	-0.07%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-5,970	–	-0.07%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,631	–	-0.07%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,759	–	-0.08%	–
TDOC	Exit	TELADOC HEALTH INC	$0	–	-5,015	–	-0.08%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-16,258	–	-0.08%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-10,400	–	-0.08%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-16,568	–	-0.08%	–
TWOU	Exit	2U INC	$0	–	-19,365	–	-0.08%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-5,596	–	-0.08%	–
LOW	Exit	LOWES COS INC	$0	–	-3,274	–	-0.08%	–
GNTX	Exit	GENTEX CORP	$0	–	-20,382	–	-0.08%	–
SUSA	Exit	ISHARES TRmsci usa esg slc	$0	–	-7,175	–	-0.09%	–
OSH	Exit	OAK STR HEALTH INC	$0	–	-16,667	–	-0.09%	–
SPHQ	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$0	–	-15,255	–	-0.09%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-3,823	–	-0.09%	–
HCSG	Exit	HEALTHCARE SVCS GROUP INC	$0	–	-29,992	–	-0.09%	–
IAC	Exit	IAC INTERACTIVECORP NEW	$0	–	-5,877	–	-0.10%	–
ALL	Exit	ALLSTATE CORP	$0	–	-6,186	–	-0.10%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-4,794	–	-0.10%	–
VEA	Exit	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$0	–	-17,490	–	-0.11%	–
AMED	Exit	AMEDISYS INC	$0	–	-5,991	–	-0.11%	–
HD	Exit	HOME DEPOT INC	$0	–	-2,748	–	-0.11%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-11,760	–	-0.12%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-7,208	–	-0.13%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-3,603	–	-0.13%	–
AVLR	Exit	AVALARA INC	$0	–	-6,308	–	-0.14%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-9,900	–	-0.14%	–
ILMN	Exit	ILLUMINA INC	$0	–	-2,805	–	-0.14%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-19,412	–	-0.14%	–
NFLX	Exit	NETFLIX INC	$0	–	-1,949	–	-0.15%	–
ROL	Exit	ROLLINS INC	$0	–	-35,614	–	-0.16%	–
V	Exit	VISA INC	$0	–	-5,702	–	-0.16%	–
ANSS	Exit	ANSYS INC	$0	–	-3,812	–	-0.16%	–
NOW	Exit	SERVICENOW INC	$0	–	-2,179	–	-0.17%	–
BL	Exit	BLACKLINE INC	$0	–	-11,719	–	-0.17%	–
ECL	Exit	ECOLAB INC	$0	–	-6,653	–	-0.17%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-46,066	–	-0.17%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-7,981	–	-0.18%	–
VTEB	Exit	VANGUARD MUN BD FDStax exempt bd	$0	–	-26,130	–	-0.18%	–
ESGV	Exit	VANGUARD WORLD FDesg us stk etf	$0	–	-17,929	–	-0.18%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-7,306	–	-0.18%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-16,632	–	-0.18%	–
FAST	Exit	FASTENAL CO	$0	–	-29,543	–	-0.19%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-2,464	–	-0.19%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-24,829	–	-0.19%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-579	–	-0.19%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-9,495	–	-0.19%	–
HEI	Exit	HEICO CORP NEW	$0	–	-11,810	–	-0.19%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-13,407	–	-0.20%	–
NLY	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-186,326	–	-0.20%	–
AFL	Exit	AFLAC INC	$0	–	-30,880	–	-0.20%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-4,200	–	-0.20%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-10,197	–	-0.21%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-16,467	–	-0.23%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-6,352	–	-0.23%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-694	–	-0.23%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-8,505	–	-0.24%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-4,157	–	-0.24%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-8,036	–	-0.27%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.27%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-7,413	–	-0.28%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-4,554	–	-0.28%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-26,387	–	-0.28%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-93,555	–	-0.28%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-5,514	–	-0.29%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-15,990	–	-0.30%	–
GLOB	Exit	GLOBANT S A	$0	–	-9,300	–	-0.33%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-14,524	–	-0.33%	–
AMZN	Exit	AMAZON COM INC	$0	–	-966	–	-0.40%	–
MCD	Exit	MCDONALDS CORP	$0	–	-13,769	–	-0.41%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-210,477	–	-0.41%	–
NRZ	Exit	NEW RESIDENTIAL INVT CORP	$0	–	-338,972	–	-0.46%	–
AMGN	Exit	AMGEN INC	$0	–	-17,926	–	-0.48%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-73,932	–	-0.50%	–
AAPL	Exit	APPLE INC	$0	–	-28,477	–	-0.50%	–
GIS	Exit	GENERAL MLS INC	$0	–	-68,895	–	-0.51%	–
TRP	Exit	TC ENERGY CORP	$0	–	-86,070	–	-0.52%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-117,478	–	-0.56%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-125,341	–	-0.58%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-138,921	–	-0.59%	–
HPE	Exit	HEWLETT PACKARD ENTERPRISE C	$0	–	-332,667	–	-0.59%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-34,091	–	-0.59%	–
STX	Exit	SEAGATE TECHNOLOGY HLDNGS PL	$0	–	-57,568	–	-0.59%	–
T	Exit	AT&T INC	$0	–	-177,244	–	-0.60%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-49,419	–	-0.60%	–
DOW	Exit	DOW INC	$0	–	-85,285	–	-0.61%	–
SO	Exit	SOUTHERN CO	$0	–	-79,275	–	-0.61%	–
RIO	Exit	RIO TINTO PLCsponsored adr	$0	–	-74,551	–	-0.62%	–
PRU	Exit	PRUDENTIAL FINL INC	$0	–	-47,353	–	-0.62%	–
HBAN	Exit	HUNTINGTON BANCSHARES INC	$0	–	-324,424	–	-0.63%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.64%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-116,865	–	-0.64%	–
MET	Exit	METLIFE INC	$0	–	-84,232	–	-0.65%	–
IP	Exit	INTERNATIONAL PAPER CO	$0	–	-93,417	–	-0.65%	–
MMM	Exit	3M CO	$0	–	-29,791	–	-0.65%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-55,768	–	-0.65%	–
ABBV	Exit	ABBVIE INC	$0	–	-48,771	–	-0.66%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-90,991	–	-0.67%	–
CSCO	Exit	CISCO SYS INC	$0	–	-101,675	–	-0.69%	–
PFE	Exit	PFIZER INC	$0	–	-133,126	–	-0.71%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-28,385	–	-0.73%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-21,064	–	-0.74%	–
INTC	Exit	INTEL CORP	$0	–	-198,045	–	-1.32%	–
XBI	Exit	SPDR SER TRs&p biotech	$0	–	-89,639	–	-1.41%	–
IBB	Exit	ISHARES TRishares biotech	$0	–	-75,454	–	-1.52%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-161,740	–	-1.90%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-219,079	–	-2.25%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-296,086	–	-2.36%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-231,184	–	-3.31%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-459,021	–	-3.54%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-76,956	–	-3.79%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-81,410	–	-4.36%	–
XLF	Exit	SELECT SECTOR SPDR TRfinancial	$0	–	-1,358,703	–	-6.36%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-351,759	–	-15.71%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-1,996,833	–	-18.50%	–

Q3 2021

			Value		Shares		↓ Weighting
IEFA	Buy	ISHARES TRcore msci eafe	$148,265,000	+3.3%	1,996,833	+4.1%	18.50%	-2.4%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$125,916,000	-0.4%	351,759	-1.3%	15.71%	-5.8%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$50,992,000	+6.3%	1,358,703	+4.0%	6.36%	+0.5%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$34,936,000	+0.9%	81,410	+0.7%	4.36%	-4.6%
VOO	Buy	VANGUARD INDEX FDS	$30,351,000	+2.2%	76,956	+2.0%	3.79%	-3.4%
IEMG	Buy	ISHARES INCcore msci emkt	$28,349,000	-6.6%	459,021	+1.3%	3.54%	-11.7%
AGG	Buy	ISHARES TRcore us aggbd et	$26,547,000	+35.2%	231,184	+35.8%	3.31%	+27.8%
XLU	Buy	SELECT SECTOR SPDR TRsbi int-utils	$18,914,000	+6.4%	296,086	+5.3%	2.36%	+0.6%
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$18,054,000	–	219,079	–	2.25%	–
VCIT	Buy	VANGUARD SCOTTSDALE FDSint-term corp	$15,270,000	+117.4%	161,740	+118.9%	1.90%	+105.5%
IBB	Buy	ISHARES TRishares biotech	$12,199,000	-0.7%	75,454	+0.5%	1.52%	-6.1%
XBI	Buy	SPDR SER TRs&p biotech	$11,269,000	-3.0%	89,639	+4.5%	1.41%	-8.3%
INTC	Buy	INTEL CORP	$10,552,000	+1.0%	198,045	+6.4%	1.32%	-4.6%
MSFT	Sell	MICROSOFT CORP	$5,938,000	-38.1%	21,064	-40.6%	0.74%	-41.5%
NVDA	Buy	NVIDIA CORPORATION	$5,880,000	+4.7%	28,385	+304.4%	0.73%	-0.9%
PFE	Buy	PFIZER INC	$5,726,000	+11.3%	133,126	+1.3%	0.71%	+5.2%
CSCO	Buy	CISCO SYS INC	$5,534,000	+7.7%	101,675	+4.9%	0.69%	+1.8%
XOM	Buy	EXXON MOBIL CORP	$5,352,000	-1.7%	90,991	+5.4%	0.67%	-7.1%
ABBV	Buy	ABBVIE INC	$5,261,000	+1.1%	48,771	+5.5%	0.66%	-4.5%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$5,234,000	+43.4%	55,768	+57.2%	0.65%	+35.5%
MMM	Buy	3M CO	$5,226,000	-6.0%	29,791	+6.4%	0.65%	-11.2%
IP	Buy	INTERNATIONAL PAPER CO	$5,224,000	-4.4%	93,417	+4.8%	0.65%	-9.6%
MET	Buy	METLIFE INC	$5,200,000	+10.7%	84,232	+7.3%	0.65%	+4.7%
RDSB	Buy	ROYAL DUTCH SHELL PLCspon adr b	$5,174,000	+23.7%	116,865	+8.5%	0.64%	+16.8%
HBAN	Buy	HUNTINGTON BANCSHARES INC	$5,016,000	+14.6%	324,424	+5.8%	0.63%	+8.3%
RIO	Buy	RIO TINTO PLCsponsored adr	$4,981,000	+12.0%	74,551	+40.6%	0.62%	+5.8%
PRU	Buy	PRUDENTIAL FINL INC	$4,982,000	+8.0%	47,353	+5.2%	0.62%	+2.0%
SO	Buy	SOUTHERN CO	$4,913,000	+10.3%	79,275	+7.6%	0.61%	+4.3%
DOW	Buy	DOW INC	$4,909,000	+47.6%	85,285	+62.2%	0.61%	+39.4%
DUK	Buy	DUKE ENERGY CORP NEW	$4,823,000	+3.8%	49,419	+5.0%	0.60%	-1.8%
T	Buy	AT&T INC	$4,787,000	+4.4%	177,244	+11.3%	0.60%	-1.3%
STX	Buy	SEAGATE TECHNOLOGY HLDNGS PL	$4,751,000	-2.2%	57,568	+4.2%	0.59%	-7.5%
IBM	Buy	INTERNATIONAL BUSINESS MACHS	$4,736,000	+2.0%	34,091	+7.7%	0.59%	-3.6%
HPE	New	HEWLETT PACKARD ENTERPRISE C	$4,741,000	–	332,667	–	0.59%	–
CAG	New	CONAGRA BRANDS INC	$4,705,000	–	138,921	–	0.59%	–
KHC	Buy	KRAFT HEINZ CO	$4,615,000	-0.8%	125,341	+9.9%	0.58%	-6.2%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$4,489,000	+3.6%	117,478	+7.9%	0.56%	-2.1%
TRP	Buy	TC ENERGY CORP	$4,139,000	+6.2%	86,070	+9.3%	0.52%	+0.4%
GIS	Buy	GENERAL MLS INC	$4,121,000	+6.1%	68,895	+8.1%	0.51%	+0.2%
AAPL	Sell	APPLE INC	$4,029,000	+3.1%	28,477	-0.2%	0.50%	-2.5%
VZ	Buy	VERIZON COMMUNICATIONS INC	$3,993,000	+3.8%	73,932	+7.7%	0.50%	-2.0%
AMGN	Buy	AMGEN INC	$3,812,000	-3.1%	17,926	+11.0%	0.48%	-8.3%
NRZ	Buy	NEW RESIDENTIAL INVT CORP	$3,729,000	+133.4%	338,972	+124.7%	0.46%	+120.4%
AGNC	Buy	AGNC INVT CORP	$3,319,000	+2.6%	210,477	+9.9%	0.41%	-3.0%
AMZN	Buy	AMAZON COM INC	$3,173,000	-2.7%	966	+1.9%	0.40%	-7.9%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$2,645,000	-68.2%	14,524	-63.7%	0.33%	-69.9%
GLOB	Buy	GLOBANT S A	$2,613,000	+35.2%	9,300	+5.5%	0.33%	+27.8%
WST	Buy	WEST PHARMACEUTICAL SVSC INC	$2,341,000	+24.7%	5,514	+5.5%	0.29%	+17.7%
STWD	Buy	STARWOOD PPTY TR INC	$2,284,000	-1.5%	93,555	+5.6%	0.28%	-6.9%
CSGP	Buy	COSTAR GROUP INC	$2,271,000	+9.7%	26,387	+5.5%	0.28%	+3.7%
PAYC	Buy	PAYCOM SOFTWARE INC	$2,258,000	+44.0%	4,554	+5.5%	0.28%	+36.2%
DHR	Buy	DANAHER CORPORATION	$2,257,000	+18.7%	7,413	+4.6%	0.28%	+12.4%
CRM	Buy	SALESFORCE COM INC	$2,180,000	+16.2%	8,036	+4.6%	0.27%	+9.7%
TYL	Buy	TYLER TECHNOLOGIES INC	$1,907,000	+7.0%	4,157	+5.5%	0.24%	+1.3%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$1,889,000	-0.2%	8,505	+0.1%	0.24%	-5.6%
GOOG	Buy	ALPHABET INCcap stk cl c	$1,850,000	+8.7%	694	+2.2%	0.23%	+2.7%
VEEV	Buy	VEEVA SYS INC	$1,830,000	-2.2%	6,352	+5.6%	0.23%	-7.7%
SBUX	Buy	STARBUCKS CORP	$1,816,000	+2.5%	16,467	+4.0%	0.23%	-3.0%
ADI	Buy	ANALOG DEVICES INC	$1,708,000	+1.7%	10,197	+4.5%	0.21%	-4.1%
UNH	Buy	UNITEDHEALTH GROUP INC	$1,641,000	+1.6%	4,200	+4.1%	0.20%	-3.8%
NLY	Buy	ANNALY CAPITAL MANAGEMENT IN	$1,569,000	+3.8%	186,326	+9.5%	0.20%	-2.0%
INFO	Buy	IHS MARKIT LTD	$1,564,000	+9.3%	13,407	+5.6%	0.20%	+3.2%
HEI	Buy	HEICO CORP NEW	$1,557,000	-0.1%	11,810	+5.6%	0.19%	-5.8%
JPM	Sell	JPMORGAN CHASE & CO	$1,554,000	-4.7%	9,495	-9.4%	0.19%	-9.8%
GOOGL	Buy	ALPHABET INCcap stk cl a	$1,548,000	+12.6%	579	+2.8%	0.19%	+6.6%
IDXX	Buy	IDEXX LABS INC	$1,532,000	+4.5%	2,464	+6.2%	0.19%	-1.0%
RBA	Buy	RITCHIE BROS AUCTIONEERS	$1,531,000	+9.8%	24,829	+5.6%	0.19%	+3.8%
FAST	Buy	FASTENAL CO	$1,525,000	+4.9%	29,543	+5.6%	0.19%	-1.0%
VRSK	Buy	VERISK ANALYTICS INC	$1,463,000	+21.0%	7,306	+5.6%	0.18%	+14.4%
LOPE	Buy	GRAND CANYON ED INC	$1,463,000	+3.3%	16,632	+5.7%	0.18%	-2.1%
ESGV	Buy	VANGUARD WORLD FDesg us stk etf	$1,435,000	+12.3%	17,929	+12.2%	0.18%	+5.9%
FIVE	Buy	FIVE BELOW INC	$1,411,000	-3.5%	7,981	+5.5%	0.18%	-8.8%
BXMT	Buy	BLACKSTONE MTG TR INC	$1,397,000	+4.1%	46,066	+9.4%	0.17%	-1.7%
ECL	Buy	ECOLAB INC	$1,388,000	+6.5%	6,653	+5.1%	0.17%	+0.6%
BL	Buy	BLACKLINE INC	$1,384,000	+12.0%	11,719	+5.5%	0.17%	+6.1%
NOW	Buy	SERVICENOW INC	$1,356,000	+19.5%	2,179	+5.5%	0.17%	+12.7%
ANSS	Buy	ANSYS INC	$1,298,000	+3.4%	3,812	+5.4%	0.16%	-2.4%
V	Buy	VISA INC	$1,270,000	-1.5%	5,702	+3.5%	0.16%	-7.1%
ROL	Buy	ROLLINS INC	$1,258,000	+10.3%	35,614	+6.8%	0.16%	+4.0%
NFLX	Buy	NETFLIX INC	$1,190,000	+20.0%	1,949	+3.8%	0.15%	+13.0%
ILMN	Buy	ILLUMINA INC	$1,138,000	-10.5%	2,805	+4.4%	0.14%	-15.5%
AVLR	Buy	AVALARA INC	$1,102,000	+14.2%	6,308	+5.8%	0.14%	+7.9%
PG	Sell	PROCTER AND GAMBLE CO	$1,008,000	-0.2%	7,208	-3.7%	0.13%	-5.3%
HD	Sell	HOME DEPOT INC	$902,000	-7.5%	2,748	-10.1%	0.11%	-12.4%
AMED	Buy	AMEDISYS INC	$893,000	-35.6%	5,991	+5.8%	0.11%	-39.3%
JKHY	Buy	HENRY JACK & ASSOC INC	$787,000	+5.8%	4,794	+5.4%	0.10%	0.0%
IAC	Buy	IAC INTERACTIVECORP NEW	$766,000	-10.7%	5,877	+5.6%	0.10%	-15.0%
HCSG	Buy	HEALTHCARE SVCS GROUP INC	$750,000	-16.4%	29,992	+5.5%	0.09%	-20.3%
SPHQ	Buy	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$741,000	+4.1%	15,255	+4.1%	0.09%	-2.1%
OSH	New	OAK STR HEALTH INC	$709,000	–	16,667	–	0.09%	–
SUSA	Buy	ISHARES TRmsci usa esg slc	$688,000	+11.5%	7,175	+11.1%	0.09%	+6.2%
GNTX	Buy	GENTEX CORP	$672,000	+5.0%	20,382	+5.3%	0.08%	0.0%
GWRE	Buy	GUIDEWIRE SOFTWARE INC	$665,000	+10.8%	5,596	+5.2%	0.08%	+5.1%
TWOU	Buy	2U INC	$650,000	-14.9%	19,365	+5.7%	0.08%	-19.8%
NATI	Buy	NATIONAL INSTRS CORP	$650,000	-2.4%	16,568	+5.3%	0.08%	-8.0%
TDOC	Buy	TELADOC HEALTH INC	$636,000	-19.5%	5,015	+5.5%	0.08%	-24.0%
MA	Sell	MASTERCARD INCORPORATEDcl a	$612,000	-6.6%	1,759	-2.0%	0.08%	-11.6%
JNJ	Sell	JOHNSON & JOHNSON	$586,000	-5.9%	3,631	-4.0%	0.07%	-11.0%
XEL	Sell	XCEL ENERGY INC	$547,000	-13.4%	8,744	-8.9%	0.07%	-18.1%
ENSG	Buy	ENSIGN GROUP INC	$512,000	-8.9%	6,843	+5.6%	0.06%	-13.5%
MGV	New	VANGUARD WORLD FDmega cap val etf	$517,000	–	5,283	–	0.06%	–
MGK	New	VANGUARD WORLD FDmega grwth ind	$502,000	–	2,137	–	0.06%	–
ESGD	Buy	ISHARES TResg aw msci eafe	$445,000	+15.0%	5,677	+15.9%	0.06%	+9.8%
NEOG	Buy	NEOGEN CORP	$446,000	-0.9%	10,268	+5.2%	0.06%	-5.1%
PEP	Sell	PEPSICO INC	$390,000	-3.2%	2,590	-4.8%	0.05%	-7.5%
MRK	Sell	MERCK & CO INC	$337,000	-11.8%	4,491	-8.6%	0.04%	-16.0%
IGF	Buy	ISHARES TRglb infrastr etf	$339,000	+6.6%	7,386	+5.5%	0.04%	0.0%
AMLP	Sell	ALPS ETF TRalerian mlp	$330,000	-15.2%	9,906	-7.4%	0.04%	-19.6%
WMT	Sell	WALMART INC	$326,000	-3.0%	2,339	-1.9%	0.04%	-6.8%
DIS	Sell	DISNEY WALT CO	$296,000	-4.5%	1,752	-0.6%	0.04%	-9.8%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$297,000	+8.0%	3,355	+10.7%	0.04%	+2.8%
VMEO	Buy	VIMEO INC	$279,000	-37.4%	9,509	+4.5%	0.04%	-40.7%
KMI	Sell	KINDER MORGAN INC DEL	$271,000	-13.1%	16,200	-5.4%	0.03%	-17.1%
PRLB	Buy	PROTO LABS INC	$270,000	-23.5%	4,059	+5.4%	0.03%	-27.7%
PYPL	Sell	PAYPAL HLDGS INC	$260,000	-12.2%	1,000	-1.6%	0.03%	-17.9%
CVX	Sell	CHEVRON CORP NEW	$252,000	-4.9%	2,488	-1.8%	0.03%	-11.4%
SQ	Sell	SQUARE INCcl a	$240,000	-3.2%	1,000	-1.7%	0.03%	-9.1%
ALRS	New	ALERUS FINL CORP	$232,000	–	7,780	–	0.03%	–
ACN	New	ACCENTURE PLC IRELAND	$215,000	–	673	–	0.03%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$202,000	–	353	–	0.02%	–
AAAU	New	GOLDMAN SACHS PHYSICAL GOLDunit	$200,000	–	11,428	–	0.02%	–
QCOM	Exit	QUALCOMM INC	$0	–	-1,506	–	-0.03%	–
BWA	Exit	BORGWARNER INC	$0	–	-4,375	–	-0.03%	–
SLV	Exit	ISHARES SILVER TRishares	$0	–	-8,830	–	-0.03%	–
TRV	Exit	TRAVELERS COMPANIES INC	$0	–	-1,603	–	-0.03%	–
FDX	Exit	FEDEX CORP	$0	–	-829	–	-0.03%	–
HUM	Exit	HUMANA INC	$0	–	-586	–	-0.03%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-2,018	–	-0.13%	–
CPB	Exit	CAMPBELL SOUP CO	$0	–	-102,756	–	-0.62%	–
NTAP	Exit	NETAPP INC	$0	–	-66,586	–	-0.72%	–

Q2 2021

			Value		Shares		↓ Weighting
IEFA	New	ISHARES TRcore msci eafe	$143,529,000	–	1,917,305	–	18.94%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$126,362,000	–	356,521	–	16.68%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$47,952,000	–	1,306,954	–	6.33%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$34,613,000	–	80,860	–	4.57%	–
IEMG	New	ISHARES INCcore msci emkt	$30,349,000	–	453,035	–	4.01%	–
VOO	New	VANGUARD INDEX FDS	$29,703,000	–	75,481	–	3.92%	–
AGG	New	ISHARES TRcore us aggbd et	$19,639,000	–	170,284	–	2.59%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$17,778,000	–	281,169	–	2.35%	–
IBB	New	ISHARES TRishares biotech	$12,281,000	–	75,043	–	1.62%	–
XBI	New	SPDR SER TRs&p biotech	$11,617,000	–	85,801	–	1.53%	–
INTC	New	INTEL CORP	$10,450,000	–	186,141	–	1.38%	–
MSFT	New	MICROSOFT CORP	$9,599,000	–	35,432	–	1.27%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$8,322,000	–	40,015	–	1.10%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$7,024,000	–	73,879	–	0.93%	–
NVDA	New	NVIDIA CORPORATION	$5,616,000	–	7,019	–	0.74%	–
MMM	New	3M CO	$5,559,000	–	27,986	–	0.73%	–
IP	New	INTERNATIONAL PAPER CO	$5,463,000	–	89,109	–	0.72%	–
XOM	New	EXXON MOBIL CORP	$5,445,000	–	86,320	–	0.72%	–
NTAP	New	NETAPP INC	$5,448,000	–	66,586	–	0.72%	–
ABBV	New	ABBVIE INC	$5,205,000	–	46,212	–	0.69%	–
PFE	New	PFIZER INC	$5,145,000	–	131,387	–	0.68%	–
CSCO	New	CISCO SYS INC	$5,138,000	–	96,946	–	0.68%	–
EXR	New	EXTRA SPACE STORAGE INC	$4,977,000	–	30,382	–	0.66%	–
STX	New	SEAGATE TECHNOLOGY HLDNGS PL	$4,858,000	–	55,247	–	0.64%	–
MET	New	METLIFE INC	$4,697,000	–	78,486	–	0.62%	–
CPB	New	CAMPBELL SOUP CO	$4,685,000	–	102,756	–	0.62%	–
KHC	New	KRAFT HEINZ CO	$4,650,000	–	114,016	–	0.61%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$4,641,000	–	31,659	–	0.61%	–
DUK	New	DUKE ENERGY CORP NEW	$4,648,000	–	47,082	–	0.61%	–
PRU	New	PRUDENTIAL FINL INC	$4,611,000	–	45,001	–	0.61%	–
T	New	AT&T INC	$4,585,000	–	159,296	–	0.60%	–
SO	New	SOUTHERN CO	$4,456,000	–	73,648	–	0.59%	–
RIO	New	RIO TINTO PLCsponsored adr	$4,447,000	–	53,007	–	0.59%	–
HBAN	New	HUNTINGTON BANCSHARES INC	$4,377,000	–	306,757	–	0.58%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$4,334,000	–	108,851	–	0.57%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$4,182,000	–	107,703	–	0.55%	–
AMGN	New	AMGEN INC	$3,935,000	–	16,145	–	0.52%	–
AAPL	New	APPLE INC	$3,909,000	–	28,542	–	0.52%	–
TRP	New	TC ENERGY CORP	$3,898,000	–	78,714	–	0.51%	–
GIS	New	GENERAL MLS INC	$3,884,000	–	63,747	–	0.51%	–
VZ	New	VERIZON COMMUNICATIONS INC	$3,846,000	–	68,648	–	0.51%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$3,649,000	–	35,469	–	0.48%	–
DOW	New	DOW INC	$3,326,000	–	52,565	–	0.44%	–
AMZN	New	AMAZON COM INC	$3,261,000	–	948	–	0.43%	–
AGNC	New	AGNC INVT CORP	$3,234,000	–	191,449	–	0.43%	–
MCD	New	MCDONALDS CORP	$3,181,000	–	13,769	–	0.42%	–
STWD	New	STARWOOD PPTY TR INC	$2,318,000	–	88,565	–	0.31%	–
WM	New	WASTE MGMT INC DEL	$2,240,000	–	15,990	–	0.30%	–
PSA	New	PUBLIC STORAGE	$2,225,000	–	7,400	–	0.29%	–
CSGP	New	COSTAR GROUP INC	$2,071,000	–	25,010	–	0.27%	–
GLOB	New	GLOBANT S A	$1,932,000	–	8,816	–	0.26%	–
DHR	New	DANAHER CORPORATION	$1,902,000	–	7,088	–	0.25%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$1,893,000	–	8,494	–	0.25%	–
CRM	New	SALESFORCE COM INC	$1,876,000	–	7,681	–	0.25%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$1,877,000	–	5,226	–	0.25%	–
VEEV	New	VEEVA SYS INC	$1,871,000	–	6,017	–	0.25%	–
TYL	New	TYLER TECHNOLOGIES INC	$1,782,000	–	3,939	–	0.24%	–
SBUX	New	STARBUCKS CORP	$1,771,000	–	15,838	–	0.23%	–
GOOG	New	ALPHABET INCcap stk cl c	$1,702,000	–	679	–	0.22%	–
ADI	New	ANALOG DEVICES INC	$1,679,000	–	9,755	–	0.22%	–
AFL	New	AFLAC INC	$1,657,000	–	30,880	–	0.22%	–
JPM	New	JPMORGAN CHASE & CO	$1,630,000	–	10,480	–	0.22%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,615,000	–	4,034	–	0.21%	–
NRZ	New	NEW RESIDENTIAL INVT CORP	$1,598,000	–	150,881	–	0.21%	–
PAYC	New	PAYCOM SOFTWARE INC	$1,568,000	–	4,315	–	0.21%	–
HEI	New	HEICO CORP NEW	$1,559,000	–	11,180	–	0.21%	–
NLY	New	ANNALY CAPITAL MANAGEMENT IN	$1,512,000	–	170,232	–	0.20%	–
FIVE	New	FIVE BELOW INC	$1,462,000	–	7,562	–	0.19%	–
IDXX	New	IDEXX LABS INC	$1,466,000	–	2,321	–	0.19%	–
FAST	New	FASTENAL CO	$1,454,000	–	27,968	–	0.19%	–
VTEB	New	VANGUARD MUN BD FDStax exempt bd	$1,445,000	–	26,130	–	0.19%	–
INFO	New	IHS MARKIT LTD	$1,431,000	–	12,699	–	0.19%	–
LOPE	New	GRAND CANYON ED INC	$1,416,000	–	15,741	–	0.19%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$1,394,000	–	23,523	–	0.18%	–
AMED	New	AMEDISYS INC	$1,387,000	–	5,662	–	0.18%	–
GOOGL	New	ALPHABET INCcap stk cl a	$1,375,000	–	563	–	0.18%	–
BXMT	New	BLACKSTONE MTG TR INC	$1,342,000	–	42,091	–	0.18%	–
ECL	New	ECOLAB INC	$1,303,000	–	6,328	–	0.17%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,297,000	–	19,412	–	0.17%	–
V	New	VISA INC	$1,289,000	–	5,511	–	0.17%	–
ESGV	New	VANGUARD WORLD FDesg us stk etf	$1,278,000	–	15,979	–	0.17%	–
ILMN	New	ILLUMINA INC	$1,272,000	–	2,688	–	0.17%	–
ANSS	New	ANSYS INC	$1,255,000	–	3,615	–	0.17%	–
BL	New	BLACKLINE INC	$1,236,000	–	11,105	–	0.16%	–
VRSK	New	VERISK ANALYTICS INC	$1,209,000	–	6,921	–	0.16%	–
ROL	New	ROLLINS INC	$1,141,000	–	33,353	–	0.15%	–
NOW	New	SERVICENOW INC	$1,135,000	–	2,065	–	0.15%	–
IWO	New	ISHARES TRrus 2000 grw etf	$1,123,000	–	3,603	–	0.15%	–
LSI	New	LIFE STORAGE INC	$1,063,000	–	9,900	–	0.14%	–
PG	New	PROCTER AND GAMBLE CO	$1,010,000	–	7,484	–	0.13%	–
NFLX	New	NETFLIX INC	$992,000	–	1,878	–	0.13%	–
HD	New	HOME DEPOT INC	$975,000	–	3,057	–	0.13%	–
AVLR	New	AVALARA INC	$965,000	–	5,963	–	0.13%	–
CHE	New	CHEMED CORP NEW	$958,000	–	2,018	–	0.13%	–
VEA	New	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$901,000	–	17,490	–	0.12%	–
HCSG	New	HEALTHCARE SVCS GROUP INC	$897,000	–	28,423	–	0.12%	–
NEE	New	NEXTERA ENERGY INC	$862,000	–	11,760	–	0.11%	–
IAC	New	IAC INTERACTIVECORP NEW	$858,000	–	5,567	–	0.11%	–
ALL	New	ALLSTATE CORP	$807,000	–	6,186	–	0.11%	–
NXPI	New	NXP SEMICONDUCTORS N V	$786,000	–	3,823	–	0.10%	–
TDOC	New	TELADOC HEALTH INC	$790,000	–	4,752	–	0.10%	–
TWOU	New	2U INC	$764,000	–	18,328	–	0.10%	–
EXAS	New	EXACT SCIENCES CORP	$742,000	–	5,970	–	0.10%	–
JKHY	New	HENRY JACK & ASSOC INC	$744,000	–	4,550	–	0.10%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$712,000	–	14,653	–	0.09%	–
NATI	New	NATIONAL INSTRS CORP	$666,000	–	15,741	–	0.09%	–
MA	New	MASTERCARD INCORPORATEDcl a	$655,000	–	1,794	–	0.09%	–
LOW	New	LOWES COS INC	$635,000	–	3,274	–	0.08%	–
PFF	New	ISHARES TRpfd and incm sec	$640,000	–	16,258	–	0.08%	–
GNTX	New	GENTEX CORP	$640,000	–	19,348	–	0.08%	–
XEL	New	XCEL ENERGY INC	$632,000	–	9,594	–	0.08%	–
MPC	New	MARATHON PETE CORP	$628,000	–	10,400	–	0.08%	–
JNJ	New	JOHNSON & JOHNSON	$623,000	–	3,781	–	0.08%	–
SUSA	New	ISHARES TRmsci usa esg slc	$617,000	–	6,461	–	0.08%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$600,000	–	5,320	–	0.08%	–
ENSG	New	ENSIGN GROUP INC	$562,000	–	6,480	–	0.07%	–
IVV	New	ISHARES TRcore s&p500 etf	$564,000	–	1,312	–	0.07%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$545,000	–	2,420	–	0.07%	–
DE	New	DEERE & CO	$517,000	–	1,465	–	0.07%	–
MS	New	MORGAN STANLEY	$515,000	–	5,618	–	0.07%	–
CMCSA	New	COMCAST CORP NEWcl a	$507,000	–	8,883	–	0.07%	–
HES	New	HESS CORP	$485,000	–	5,555	–	0.06%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$448,000	–	1,612	–	0.06%	–
NEOG	New	NEOGEN CORP	$450,000	–	9,764	–	0.06%	–
VMEO	New	VIMEO INC	$446,000	–	9,103	–	0.06%	–
FB	New	FACEBOOK INCcl a	$424,000	–	1,218	–	0.06%	–
BAC	New	BK OF AMERICA CORP	$411,000	–	9,957	–	0.05%	–
PEP	New	PEPSICO INC	$403,000	–	2,721	–	0.05%	–
DBRG	New	DIGITALBRIDGE GROUP INC	$395,000	–	50,000	–	0.05%	–
BIIB	New	BIOGEN INC	$390,000	–	1,125	–	0.05%	–
ESGD	New	ISHARES TResg aw msci eafe	$387,000	–	4,898	–	0.05%	–
AMLP	New	ALPS ETF TRalerian mlp	$389,000	–	10,696	–	0.05%	–
MRK	New	MERCK & CO INC	$382,000	–	4,916	–	0.05%	–
VGT	New	VANGUARD WORLD FDSinf tech etf	$359,000	–	900	–	0.05%	–
USB	New	US BANCORP DEL	$358,000	–	6,284	–	0.05%	–
PRLB	New	PROTO LABS INC	$353,000	–	3,850	–	0.05%	–
ABT	New	ABBOTT LABS	$346,000	–	2,988	–	0.05%	–
LMT	New	LOCKHEED MARTIN CORP	$339,000	–	896	–	0.04%	–
MDT	New	MEDTRONIC PLC	$339,000	–	2,733	–	0.04%	–
DD	New	DUPONT DE NEMOURS INC	$338,000	–	4,364	–	0.04%	–
UGI	New	UGI CORP NEW	$330,000	–	7,117	–	0.04%	–
WMT	New	WALMART INC	$336,000	–	2,385	–	0.04%	–
LLY	New	LILLY ELI & CO	$336,000	–	1,462	–	0.04%	–
TOLZ	New	PROSHARES TRdj brkfld glb	$324,000	–	7,000	–	0.04%	–
CAT	New	CATERPILLAR INC	$322,000	–	1,480	–	0.04%	–
ORCL	New	ORACLE CORP	$320,000	–	4,112	–	0.04%	–
IGF	New	ISHARES TRglb infrastr etf	$318,000	–	7,000	–	0.04%	–
KMI	New	KINDER MORGAN INC DEL	$312,000	–	17,120	–	0.04%	–
DIS	New	DISNEY WALT CO	$310,000	–	1,762	–	0.04%	–
PYPL	New	PAYPAL HLDGS INC	$296,000	–	1,016	–	0.04%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$275,000	–	3,030	–	0.04%	–
NINE	New	NINE ENERGY SERVICE INC	$274,000	–	93,258	–	0.04%	–
UNP	New	UNION PAC CORP	$271,000	–	1,233	–	0.04%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$267,000	–	4,920	–	0.04%	–
CVX	New	CHEVRON CORP NEW	$265,000	–	2,533	–	0.04%	–
TXN	New	TEXAS INSTRS INC	$264,000	–	1,373	–	0.04%	–
HUM	New	HUMANA INC	$259,000	–	586	–	0.03%	–
SQ	New	SQUARE INCcl a	$248,000	–	1,017	–	0.03%	–
FDX	New	FEDEX CORP	$247,000	–	829	–	0.03%	–
TRV	New	TRAVELERS COMPANIES INC	$240,000	–	1,603	–	0.03%	–
BP	New	BP PLCsponsored adr	$227,000	–	8,600	–	0.03%	–
HON	New	HONEYWELL INTL INC	$223,000	–	1,015	–	0.03%	–
SLV	New	ISHARES SILVER TRishares	$214,000	–	8,830	–	0.03%	–
BWA	New	BORGWARNER INC	$212,000	–	4,375	–	0.03%	–
QCOM	New	QUALCOMM INC	$215,000	–	1,506	–	0.03%	–
ROK	New	ROCKWELL AUTOMATION INC	$207,000	–	724	–	0.03%	–
C	New	CITIGROUP INC	$207,000	–	2,925	–	0.03%	–
PAYS	New	PAYSIGN INC	$32,000	–	10,000	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
	Exit	NABRIVA THERAPEUTICS PLC	$0	–	-10,000	–	-0.00%	–
PAYS	Exit	PAYSIGN INC	$0	–	-10,000	–	-0.01%	–
NINE	Exit	NINE ENERGY SERVICE INC	$0	–	-93,258	–	-0.02%	–
CLNY	Exit	COLONY CAP INC NEW	$0	–	-50,000	–	-0.02%	–
BP	Exit	BP PLCsponsored adr	$0	–	-10,431	–	-0.03%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-2,815	–	-0.04%	–
WMT	Exit	WALMART INC	$0	–	-1,478	–	-0.04%	–
KO	Exit	COCA COLA CO	$0	–	-4,164	–	-0.04%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-16,857	–	-0.04%	–
ILMN	Exit	ILLUMINA INC	$0	–	-700	–	-0.04%	–
NEM	Exit	NEWMONT CORP	$0	–	-3,517	–	-0.04%	–
HES	Exit	HESS CORP	$0	–	-5,555	–	-0.04%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-2,436	–	-0.04%	–
UGI	Exit	UGI CORP NEW	$0	–	-7,117	–	-0.04%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-3,210	–	-0.04%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-1,586	–	-0.04%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-638	–	-0.04%	–
AEM	Exit	AGNICO EAGLE MINES LTD	$0	–	-3,320	–	-0.05%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-5,730	–	-0.05%	–
TOLZ	Exit	PROSHARES TRdj brkfld glb	$0	–	-7,000	–	-0.05%	–
IGF	Exit	ISHARES TRglb infrastr etf	$0	–	-7,000	–	-0.05%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-4,934	–	-0.05%	–
VGT	Exit	VANGUARD WORLD FDSinf tech etf	$0	–	-900	–	-0.05%	–
ORCL	Exit	ORACLE CORP	$0	–	-4,707	–	-0.05%	–
TWOU	Exit	2U INC	$0	–	-8,504	–	-0.05%	–
PS	Exit	PLURALSIGHT INC	$0	–	-17,329	–	-0.05%	–
MRK	Exit	MERCK & CO. INC	$0	–	-3,650	–	-0.05%	–
ABT	Exit	ABBOTT LABS	$0	–	-2,754	–	-0.05%	–
MPC	Exit	MARATHON PETE CORP	$0	–	-10,458	–	-0.05%	–
MS	Exit	MORGAN STANLEY	$0	–	-6,422	–	-0.06%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,271	–	-0.06%	–
DE	Exit	DEERE & CO	$0	–	-1,489	–	-0.06%	–
AOS	Exit	SMITH A O CORP	$0	–	-6,457	–	-0.06%	–
PEP	Exit	PEPSICO INC	$0	–	-2,596	–	-0.06%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,405	–	-0.06%	–
NEOG	Exit	NEOGEN CORP	$0	–	-4,744	–	-0.06%	–
BIIB	Exit	BIOGEN INC	$0	–	-1,325	–	-0.07%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-19,170	–	-0.07%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-3,994	–	-0.07%	–
GNTX	Exit	GENTEX CORP	$0	–	-18,644	–	-0.08%	–
SPHQ	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$0	–	-12,803	–	-0.09%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-5,147	–	-0.09%	–
SUSA	Exit	ISHARES TRmsci usa esg slc	$0	–	-3,630	–	-0.09%	–
LIN	Exit	LINDE PLC	$0	–	-2,278	–	-0.10%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-4,369	–	-0.10%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-15,343	–	-0.10%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-15,579	–	-0.10%	–
ALL	Exit	ALLSTATE CORP	$0	–	-6,120	–	-0.10%	–
LOW	Exit	LOWES COS INC	$0	–	-3,543	–	-0.10%	–
HCSG	Exit	HEALTHCARE SVCS GROUP INC	$0	–	-27,494	–	-0.10%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-8,759	–	-0.11%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-5,970	–	-0.11%	–
IAC	Exit	IAC INTERACTIVECORP NEW	$0	–	-5,335	–	-0.11%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,915	–	-0.11%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-6,600	–	-0.12%	–
JKHY	Exit	HENRY JACK & ASSOC INC	$0	–	-4,356	–	-0.12%	–
BXMT	Exit	BLACKSTONE MTG TR INC	$0	–	-32,170	–	-0.12%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,593	–	-0.13%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-5,206	–	-0.13%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-541	–	-0.14%	–
HD	Exit	HOME DEPOT INC	$0	–	-2,897	–	-0.14%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-551	–	-0.14%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-10,443	–	-0.15%	–
IDXX	Exit	IDEXX LABS INC	$0	–	-2,144	–	-0.15%	–
ROL	Exit	ROLLINS INC	$0	–	-15,977	–	-0.15%	–
V	Exit	VISA INC	$0	–	-4,347	–	-0.15%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-4,101	–	-0.16%	–
NFLX	Exit	NETFLIX INC	$0	–	-1,808	–	-0.16%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-7,311	–	-0.16%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-1,954	–	-0.16%	–
PRLB	Exit	PROTO LABS INC	$0	–	-7,284	–	-0.17%	–
NOW	Exit	SERVICENOW INC	$0	–	-1,969	–	-0.17%	–
BL	Exit	BLACKLINE INC	$0	–	-10,747	–	-0.17%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-12,305	–	-0.17%	–
NRZ	Exit	NEW RESIDENTIAL INVT CORP	$0	–	-130,636	–	-0.18%	–
AMED	Exit	AMEDISYS INC	$0	–	-4,467	–	-0.18%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-11,091	–	-0.19%	–
TDOC	Exit	TELADOC HEALTH INC	$0	–	-4,930	–	-0.19%	–
ESGV	Exit	VANGUARD WORLD FDesg us stk etf	$0	–	-17,878	–	-0.19%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-9,621	–	-0.20%	–
AFL	Exit	AFLAC INC	$0	–	-30,909	–	-0.20%	–
HEI	Exit	HEICO CORP NEW	$0	–	-10,791	–	-0.20%	–
ANSS	Exit	ANSYS INC	$0	–	-3,501	–	-0.20%	–
BMY	Exit	BRISTOL-MYERS SQUIBB CO	$0	–	-19,412	–	-0.20%	–
ECL	Exit	ECOLAB INC	$0	–	-6,051	–	-0.21%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-80,515	–	-0.21%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-3,896	–	-0.21%	–
FAST	Exit	FASTENAL CO	$0	–	-27,051	–	-0.21%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-6,751	–	-0.22%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-5,860	–	-0.22%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-4,176	–	-0.23%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-15,633	–	-0.24%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-22,715	–	-0.24%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-5,086	–	-0.25%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-8,554	–	-0.26%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-4,268	–	-0.26%	–
GLOB	Exit	GLOBANT S A	$0	–	-8,525	–	-0.27%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-5,841	–	-0.29%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.29%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-15,990	–	-0.32%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-7,355	–	-0.32%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-82,352	–	-0.35%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-2,415	–	-0.36%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-158,852	–	-0.39%	–
DOW	Exit	DOW INC	$0	–	-47,442	–	-0.39%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-33,007	–	-0.41%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-78,901	–	-0.42%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-63,292	–	-0.42%	–
TRP	Exit	TC ENERGY CORP	$0	–	-58,454	–	-0.43%	–
AAPL	Exit	APPLE INC	$0	–	-21,396	–	-0.44%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-72,433	–	-0.44%	–
D	Exit	DOMINION ENERGY INC	$0	–	-31,752	–	-0.44%	–
PRU	Exit	PRUDENTIAL FINL INC	$0	–	-40,268	–	-0.45%	–
MET	Exit	METLIFE INC	$0	–	-68,921	–	-0.45%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-52,237	–	-0.45%	–
NTAP	Exit	NETAPP INC	$0	–	-59,320	–	-0.46%	–
GIS	Exit	GENERAL MLS INC	$0	–	-42,681	–	-0.46%	–
USB	Exit	US BANCORP DEL	$0	–	-74,269	–	-0.47%	–
SO	Exit	SOUTHERN CO	$0	–	-50,142	–	-0.48%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-30,905	–	-0.48%	–
AMZN	Exit	AMAZON COM INC	$0	–	-891	–	-0.49%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-20,121	–	-0.50%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-62,937	–	-0.51%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-49,517	–	-0.52%	–
NLY	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-414,197	–	-0.52%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-24,491	–	-0.52%	–
MCD	Exit	MCDONALDS CORP	$0	–	-13,691	–	-0.53%	–
AMGN	Exit	AMGEN INC	$0	–	-11,858	–	-0.53%	–
GLW	Exit	CORNING INC	$0	–	-93,130	–	-0.53%	–
CSCO	Exit	CISCO SYS INC	$0	–	-77,629	–	-0.54%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.57%	–
INTC	Exit	INTEL CORP	$0	–	-63,969	–	-0.58%	–
ABBV	Exit	ABBVIE INC	$0	–	-38,039	–	-0.58%	–
IP	Exit	INTERNATIONAL PAPER CO	$0	–	-83,546	–	-0.60%	–
T	Exit	AT&T INC	$0	–	-119,617	–	-0.60%	–
MMM	Exit	3M CO	$0	–	-22,985	–	-0.65%	–
PFE	Exit	PFIZER INC	$0	–	-104,495	–	-0.67%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-18,720	–	-0.69%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-7,829	–	-0.74%	–
HYG	Exit	ISHARES TRiboxx hi yd etf	$0	–	-64,035	–	-0.94%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-37,917	–	-1.11%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-138,607	–	-2.87%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-900,941	–	-3.81%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-71,969	–	-3.89%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-476,471	–	-4.42%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-495,962	–	-5.17%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-212,531	–	-5.81%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-141,057	–	-8.30%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-992,254	–	-10.50%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-444,809	–	-21.70%	–

Q3 2020

			Value		Shares		↓ Weighting
QQQ	Sell	INVESCO QQQ TRunit ser 1	$123,586,000	+3.7%	444,809	-7.6%	21.70%	-2.0%
IEFA	Buy	ISHARES TRcore msci eafe	$59,813,000	+8.2%	992,254	+2.6%	10.50%	+2.3%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$47,239,000	+7.2%	141,057	-1.3%	8.30%	+1.3%
OEF	Sell	ISHARES TRs&p 100 etf	$33,097,000	+8.8%	212,531	-0.5%	5.81%	+2.9%
XLU	Buy	SELECT SECTOR SPDR TRsbi int-utils	$29,450,000	+14.0%	495,962	+8.3%	5.17%	+7.8%
IEMG	Sell	ISHARES INCcore msci emkt	$25,158,000	+8.1%	476,471	-2.5%	4.42%	+2.2%
VOO	Buy	VANGUARD INDEX FDS	$22,141,000	+11.0%	71,969	+2.3%	3.89%	+5.0%
XLF	Buy	SELECT SECTOR SPDR TRsbi int-finl	$21,686,000	+10.3%	900,941	+6.1%	3.81%	+4.3%
AGG	Sell	ISHARES TRcore us aggbd et	$16,364,000	-21.7%	138,607	-21.6%	2.87%	-26.0%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$6,318,000	+41.9%	37,917	-5.3%	1.11%	+34.1%
HYG	New	ISHARES TRiboxx hi yd etf	$5,373,000	–	64,035	–	0.94%	–
NVDA	Buy	NVIDIA CORPORATION	$4,237,000	+42.7%	7,829	+0.2%	0.74%	+34.8%
MSFT	Buy	MICROSOFT CORP	$3,937,000	+5.4%	18,720	+2.0%	0.69%	-0.4%
PFE	Sell	PFIZER INC	$3,835,000	+7.8%	104,495	-3.9%	0.67%	+1.8%
MMM	Sell	3M CO	$3,682,000	-0.4%	22,985	-3.0%	0.65%	-5.7%
T	Sell	AT&T INC	$3,410,000	-7.7%	119,617	-2.2%	0.60%	-12.8%
IP	Sell	INTERNATIONAL PAPER CO	$3,387,000	+9.8%	83,546	-4.7%	0.60%	+3.8%
ABBV	Sell	ABBVIE INC	$3,332,000	-14.3%	38,039	-4.0%	0.58%	-19.0%
CSCO	Sell	CISCO SYS INC	$3,058,000	-17.3%	77,629	-2.0%	0.54%	-21.8%
GLW	Sell	CORNING INC	$3,018,000	+17.8%	93,130	-5.9%	0.53%	+11.3%
AMGN	Sell	AMGEN INC	$3,014,000	+3.2%	11,858	-4.2%	0.53%	-2.6%
MCD	Sell	MCDONALDS CORP	$3,005,000	+18.4%	13,691	-0.5%	0.53%	+11.9%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$2,980,000	-2.6%	24,491	-3.4%	0.52%	-7.9%
NLY	Sell	ANNALY CAPITAL MANAGEMENT IN	$2,949,000	+3.5%	414,197	-4.6%	0.52%	-2.1%
VZ	Sell	VERIZON COMMUNICATIONS INC	$2,946,000	+3.7%	49,517	-3.9%	0.52%	-2.1%
ADM	Sell	ARCHER DANIELS MIDLAND CO	$2,926,000	+10.6%	62,937	-5.1%	0.51%	+4.5%
TXN	Sell	TEXAS INSTRS INC	$2,873,000	+6.8%	20,121	-5.0%	0.50%	+1.2%
AMZN	Buy	AMAZON COM INC	$2,806,000	+16.0%	891	+1.6%	0.49%	+9.8%
DUK	Sell	DUKE ENERGY CORP NEW	$2,737,000	+7.2%	30,905	-3.3%	0.48%	+1.5%
SO	Sell	SOUTHERN CO	$2,719,000	+1.6%	50,142	-2.8%	0.48%	-4.0%
USB	Sell	US BANCORP DEL	$2,663,000	-6.2%	74,269	-3.7%	0.47%	-11.2%
GIS	Sell	GENERAL MLS INC	$2,633,000	-4.3%	42,681	-4.3%	0.46%	-9.6%
NTAP	Sell	NETAPP INC	$2,601,000	-5.6%	59,320	-4.4%	0.46%	-10.7%
STX	Sell	SEAGATE TECHNOLOGY PLC	$2,574,000	-1.5%	52,237	-3.3%	0.45%	-7.0%
MET	Sell	METLIFE INC	$2,562,000	-2.1%	68,921	-3.8%	0.45%	-7.4%
PRU	Sell	PRUDENTIAL FINL INC	$2,558,000	-0.4%	40,268	-4.5%	0.45%	-5.9%
D	Sell	DOMINION ENERGY INC	$2,506,000	-5.2%	31,752	-2.5%	0.44%	-10.4%
XOM	Sell	EXXON MOBIL CORP	$2,487,000	-23.8%	72,433	-0.8%	0.44%	-27.9%
AAPL	Buy	APPLE INC	$2,478,000	+30.0%	21,396	+309.6%	0.44%	+22.9%
TRP	Sell	TC ENERGY CORP	$2,456,000	-6.3%	58,454	-4.4%	0.43%	-11.5%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$2,382,000	-11.2%	63,292	-3.7%	0.42%	-16.1%
KHC	Sell	KRAFT HEINZ CO	$2,363,000	-9.8%	78,901	-3.9%	0.42%	-14.6%
LYB	Sell	LYONDELLBASELL INDUSTRIES N	$2,327,000	+2.6%	33,007	-4.4%	0.41%	-2.9%
DOW	Sell	DOW INC	$2,232,000	+10.2%	47,442	-4.5%	0.39%	+4.3%
AGNC	Sell	AGNC INVT CORP	$2,210,000	+2.6%	158,852	-4.8%	0.39%	-3.0%
CSGP	Buy	COSTAR GROUP INC	$2,049,000	+23.1%	2,415	+3.1%	0.36%	+16.5%
RDSB	Sell	ROYAL DUTCH SHELL PLCspon adr b	$1,995,000	-21.5%	82,352	-1.3%	0.35%	-25.8%
CRM	Buy	SALESFORCE COM INC	$1,848,000	+38.5%	7,355	+3.3%	0.32%	+31.0%
VEEV	Buy	VEEVA SYS INC	$1,642,000	+24.9%	5,841	+4.2%	0.29%	+18.0%
GLOB	Buy	GLOBANT S A	$1,528,000	+23.5%	8,525	+3.3%	0.27%	+16.5%
TYL	Buy	TYLER TECHNOLOGIES INC	$1,488,000	+3.8%	4,268	+3.3%	0.26%	-1.9%
VTI	Sell	VANGUARD INDEX FDStotal stk mkt	$1,457,000	+8.8%	8,554	-0.0%	0.26%	+2.8%
WST	Sell	WEST PHARMACEUTICAL SVSC INC	$1,398,000	+0.7%	5,086	-16.8%	0.25%	-4.7%
RBA	Buy	RITCHIE BROS AUCTIONEERS	$1,346,000	+50.7%	22,715	+3.9%	0.24%	+42.2%
SBUX	Buy	STARBUCKS CORP	$1,343,000	+21.1%	15,633	+3.7%	0.24%	+14.6%
PAYC	Buy	PAYCOM SOFTWARE INC	$1,300,000	+4.1%	4,176	+3.6%	0.23%	-1.7%
DHR	Buy	DANAHER CORPORATION	$1,262,000	+26.2%	5,860	+3.6%	0.22%	+19.4%
VRSK	Buy	VERISK ANALYTICS INC	$1,251,000	+11.7%	6,751	+2.6%	0.22%	+5.8%
FAST	Buy	FASTENAL CO	$1,220,000	+8.4%	27,051	+3.0%	0.21%	+2.4%
STWD	Sell	STARWOOD PPTY TR INC	$1,215,000	-2.7%	80,515	-3.6%	0.21%	-8.2%
UNH	Buy	UNITEDHEALTH GROUP INC	$1,215,000	+7.0%	3,896	+1.2%	0.21%	+0.9%
ECL	Buy	ECOLAB INC	$1,209,000	+5.5%	6,051	+5.0%	0.21%	-0.5%
ANSS	Buy	ANSYS INC	$1,146,000	+14.7%	3,501	+2.3%	0.20%	+8.1%
HEI	Buy	HEICO CORP NEW	$1,129,000	+9.0%	10,791	+3.8%	0.20%	+3.1%
ADI	Buy	ANALOG DEVICES INC	$1,123,000	-0.6%	9,621	+4.4%	0.20%	-6.2%
AFL	Sell	AFLAC INC	$1,124,000	-1.0%	30,909	-1.9%	0.20%	-6.6%
ESGV	Buy	VANGUARD WORLD FDesg us stk etf	$1,105,000	+17.1%	17,878	+6.8%	0.19%	+10.9%
TDOC	Sell	TELADOC HEALTH INC	$1,081,000	-15.7%	4,930	-26.7%	0.19%	-20.2%
JPM	Buy	JPMORGAN CHASE & CO	$1,068,000	+70.6%	11,091	+66.7%	0.19%	+62.1%
AMED	Buy	AMEDISYS INC	$1,056,000	+23.1%	4,467	+3.4%	0.18%	+16.4%
NRZ	Sell	NEW RESIDENTIAL INVT CORP	$1,039,000	+2.8%	130,636	-4.0%	0.18%	-3.2%
INFO	Buy	IHS MARKIT LTD	$966,000	+8.4%	12,305	+4.3%	0.17%	+2.4%
BL	Buy	BLACKLINE INC	$963,000	+11.7%	10,747	+3.4%	0.17%	+5.6%
NOW	Buy	SERVICENOW INC	$955,000	+26.2%	1,969	+5.3%	0.17%	+19.1%
PRLB	Buy	PROTO LABS INC	$943,000	+18.0%	7,284	+2.5%	0.17%	+12.2%
CHE	Buy	CHEMED CORP NEW	$939,000	+8.8%	1,954	+2.1%	0.16%	+3.1%
FIVE	Buy	FIVE BELOW INC	$928,000	+72.5%	7,311	+45.3%	0.16%	+63.0%
NFLX	Buy	NETFLIX INC	$904,000	+12.9%	1,808	+2.7%	0.16%	+6.7%
IWO	Buy	ISHARES TRrus 2000 grw etf	$908,000	+7.3%	4,101	+0.3%	0.16%	+1.3%
V	Buy	VISA INC	$869,000	+8.1%	4,347	+4.5%	0.15%	+2.7%
ROL	Buy	ROLLINS INC	$866,000	+41.3%	15,977	+10.4%	0.15%	+33.3%
IDXX	Buy	IDEXX LABS INC	$843,000	+28.1%	2,144	+7.6%	0.15%	+21.3%
LOPE	Buy	GRAND CANYON ED INC	$835,000	-8.4%	10,443	+3.7%	0.15%	-13.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$808,000	+5.8%	551	+2.2%	0.14%	0.0%
HD	Sell	HOME DEPOT INC	$805,000	+10.4%	2,897	-0.5%	0.14%	+4.4%
GOOG	Buy	ALPHABET INCcap stk cl c	$795,000	+5.9%	541	+1.9%	0.14%	0.0%
PG	Buy	PROCTER AND GAMBLE CO	$724,000	+21.5%	5,206	+4.5%	0.13%	+14.4%
JKHY	New	HENRY JACK & ASSOC INC	$708,000	–	4,356	–	0.12%	–
BXMT	Sell	BLACKSTONE MTG TR INC	$707,000	-11.0%	32,170	-2.5%	0.12%	-15.6%
IAC	New	IAC INTERACTIVECORP NEW	$639,000	–	5,335	–	0.11%	–
XEL	Buy	XCEL ENERGY INC	$604,000	+27.2%	8,759	+15.3%	0.11%	+20.5%
HCSG	Buy	HEALTHCARE SVCS GROUP INC	$592,000	+31.3%	27,494	+49.2%	0.10%	+23.8%
LOW	Sell	LOWES COS INC	$588,000	+21.7%	3,543	-0.8%	0.10%	+14.4%
ALL	Sell	ALLSTATE CORP	$576,000	-3.8%	6,120	-0.9%	0.10%	-9.0%
PFF	Sell	ISHARES TRpfd and incm sec	$559,000	-14.3%	15,343	-18.5%	0.10%	-19.0%
NATI	Buy	NATIONAL INSTRS CORP	$556,000	-5.3%	15,579	+2.7%	0.10%	-10.1%
NXPI	Sell	NXP SEMICONDUCTORS N V	$545,000	+7.9%	4,369	-1.4%	0.10%	+2.1%
LIN	Buy	LINDE PLC	$542,000	+17.8%	2,278	+5.1%	0.10%	+11.8%
SUSA	Buy	ISHARES TRmsci usa esg slc	$534,000	+21.1%	3,630	+10.1%	0.09%	+14.6%
GWRE	Buy	GUIDEWIRE SOFTWARE INC	$537,000	-2.5%	5,147	+3.5%	0.09%	-7.8%
GNTX	Buy	GENTEX CORP	$480,000	+3.4%	18,644	+3.5%	0.08%	-2.3%
MDT	Buy	MEDTRONIC PLC	$415,000	+40.7%	3,994	+24.3%	0.07%	+32.7%
AMLP	Sell	ALPS ETF TRalerian mlp	$383,000	-19.0%	19,170	-0.0%	0.07%	-23.9%
NEOG	Buy	NEOGEN CORP	$371,000	+1.9%	4,744	+1.0%	0.06%	-4.4%
JNJ	Sell	JOHNSON & JOHNSON	$358,000	-28.5%	2,405	-32.5%	0.06%	-32.3%
AOS	Buy	SMITH A O CORP	$341,000	+14.0%	6,457	+1.7%	0.06%	+7.1%
DE	New	DEERE & CO	$330,000	–	1,489	–	0.06%	–
MPC	Sell	MARATHON PETE CORP	$307,000	-33.0%	10,458	-14.6%	0.05%	-36.5%
ABT	Sell	ABBOTT LABS	$300,000	-9.9%	2,754	-24.3%	0.05%	-14.5%
PS	Buy	PLURALSIGHT INC	$297,000	-2.9%	17,329	+2.1%	0.05%	-8.8%
TWOU	Buy	2U INC	$288,000	-8.0%	8,504	+3.2%	0.05%	-12.1%
DD	Buy	DUPONT DE NEMOURS INC	$274,000	+8.3%	4,934	+3.5%	0.05%	+2.1%
LMT	Sell	LOCKHEED MARTIN CORP	$245,000	-1.6%	638	-6.3%	0.04%	-6.5%
CVX	Sell	CHEVRON CORP NEW	$231,000	-49.0%	3,210	-36.8%	0.04%	-51.2%
CHD	New	CHURCH & DWIGHT INC	$228,000	–	2,436	–	0.04%	–
ILMN	New	ILLUMINA INC	$216,000	–	700	–	0.04%	–
KMI	Buy	KINDER MORGAN INC DEL	$208,000	-15.4%	16,857	+4.1%	0.04%	-19.6%
NOBL	New	PROSHARES TRs&p 500 dv arist	$203,000	–	2,815	–	0.04%	–
WMT	New	WALMART INC	$207,000	–	1,478	–	0.04%	–
KO	New	COCA COLA CO	$206,000	–	4,164	–	0.04%	–
BP	Sell	BP PLCsponsored adr	$182,000	-37.7%	10,431	-16.6%	0.03%	-40.7%
ALRS	Exit	ALERUS FINL CORP	$0	–	-10,280	–	-0.04%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-2,656	–	-0.04%	–
C	Exit	CITIGROUP INC	$0	–	-4,309	–	-0.04%	–
IFF	Exit	INTERNATIONAL FLAVORS&FRAGRA	$0	–	-2,527	–	-0.06%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-7,221	–	-0.10%	–
FISV	Exit	FISERV INC	$0	–	-9,527	–	-0.17%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-10,809	–	-0.27%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-23,430	–	-0.41%	–

Q2 2020

			Value		Shares		↓ Weighting
QQQ	New	INVESCO QQQ TRunit ser 1	$119,210,000	–	481,462	–	22.14%	–
IEFA	New	ISHARES TRcore msci eafe	$55,268,000	–	966,898	–	10.27%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$44,078,000	–	142,944	–	8.19%	–
OEF	New	ISHARES TRs&p 100 etf	$30,418,000	–	213,579	–	5.65%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$25,831,000	–	457,759	–	4.80%	–
IEMG	New	ISHARES INCcore msci emkt	$23,272,000	–	488,908	–	4.32%	–
AGG	New	ISHARES TRcore us aggbd et	$20,896,000	–	176,772	–	3.88%	–
VOO	New	VANGUARD INDEX FDS	$19,938,000	–	70,346	–	3.70%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$19,653,000	–	849,314	–	3.65%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$4,452,000	–	40,043	–	0.83%	–
ABBV	New	ABBVIE INC	$3,889,000	–	39,609	–	0.72%	–
INTC	New	INTEL CORP	$3,827,000	–	63,969	–	0.71%	–
MSFT	New	MICROSOFT CORP	$3,735,000	–	18,351	–	0.69%	–
T	New	AT&T INC	$3,696,000	–	122,271	–	0.69%	–
CSCO	New	CISCO SYS INC	$3,696,000	–	79,250	–	0.69%	–
MMM	New	3M CO	$3,695,000	–	23,688	–	0.69%	–
PFE	New	PFIZER INC	$3,557,000	–	108,792	–	0.66%	–
XOM	New	EXXON MOBIL CORP	$3,265,000	–	73,010	–	0.61%	–
IP	New	INTL PAPER CO	$3,086,000	–	87,646	–	0.57%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$3,060,000	–	25,341	–	0.57%	–
NVDA	New	NVIDIA CORPORATION	$2,970,000	–	7,817	–	0.55%	–
AMGN	New	AMGEN INC	$2,921,000	–	12,383	–	0.54%	–
NLY	New	ANNALY CAPITAL MANAGEMENT IN	$2,849,000	–	434,232	–	0.53%	–
VZ	New	VERIZON COMMUNICATIONS INC	$2,840,000	–	51,518	–	0.53%	–
USB	New	US BANCORP DEL	$2,839,000	–	77,093	–	0.53%	–
EXR	New	EXTRA SPACE STORAGE INC	$2,806,000	–	30,382	–	0.52%	–
NTAP	New	NETAPP INC	$2,754,000	–	62,065	–	0.51%	–
GIS	New	GENERAL MLS INC	$2,751,000	–	44,615	–	0.51%	–
TXN	New	TEXAS INSTRS INC	$2,689,000	–	21,182	–	0.50%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$2,682,000	–	65,741	–	0.50%	–
SO	New	SOUTHERN CO	$2,675,000	–	51,597	–	0.50%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$2,646,000	–	66,317	–	0.49%	–
D	New	DOMINION ENERGY INC	$2,644,000	–	32,575	–	0.49%	–
TRP	New	TC ENERGY CORP	$2,621,000	–	61,145	–	0.49%	–
STX	New	SEAGATE TECHNOLOGY PLC	$2,614,000	–	53,992	–	0.49%	–
KHC	New	KRAFT HEINZ CO	$2,619,000	–	82,141	–	0.49%	–
MET	New	METLIFE INC	$2,616,000	–	71,624	–	0.49%	–
PRU	New	PRUDENTIAL FINL INC	$2,567,000	–	42,153	–	0.48%	–
GLW	New	CORNING INC	$2,562,000	–	98,928	–	0.48%	–
DUK	New	DUKE ENERGY CORP NEW	$2,552,000	–	31,949	–	0.47%	–
MCD	New	MCDONALDS CORP	$2,539,000	–	13,765	–	0.47%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$2,542,000	–	83,468	–	0.47%	–
AMZN	New	AMAZON COM INC	$2,419,000	–	877	–	0.45%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$2,269,000	–	34,521	–	0.42%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$2,229,000	–	23,430	–	0.41%	–
AGNC	New	AGNC INVT CORP	$2,153,000	–	166,921	–	0.40%	–
DOW	New	DOW INC	$2,025,000	–	49,674	–	0.38%	–
AAPL	New	APPLE INC	$1,906,000	–	5,224	–	0.35%	–
WM	New	WASTE MGMT INC DEL	$1,694,000	–	15,990	–	0.32%	–
CSGP	New	COSTAR GROUP INC	$1,665,000	–	2,343	–	0.31%	–
IEI	New	ISHARES TR3 7 yr treas bd	$1,445,000	–	10,809	–	0.27%	–
TYL	New	TYLER TECHNOLOGIES INC	$1,433,000	–	4,130	–	0.27%	–
PSA	New	PUBLIC STORAGE	$1,420,000	–	7,400	–	0.26%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$1,388,000	–	6,111	–	0.26%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$1,339,000	–	8,556	–	0.25%	–
CRM	New	SALESFORCE COM INC	$1,334,000	–	7,119	–	0.25%	–
VEEV	New	VEEVA SYS INC	$1,315,000	–	5,608	–	0.24%	–
TDOC	New	TELADOC HEALTH INC	$1,283,000	–	6,724	–	0.24%	–
PAYC	New	PAYCOM SOFTWARE INC	$1,249,000	–	4,031	–	0.23%	–
STWD	New	STARWOOD PPTY TR INC	$1,249,000	–	83,484	–	0.23%	–
GLOB	New	GLOBANT S A	$1,237,000	–	8,253	–	0.23%	–
ECL	New	ECOLAB INC	$1,146,000	–	5,762	–	0.21%	–
BMY	New	BRISTOL-MYERS SQUIBB CO	$1,141,000	–	19,412	–	0.21%	–
UNH	New	UNITEDHEALTH GROUP INC	$1,136,000	–	3,851	–	0.21%	–
AFL	New	AFLAC INC	$1,135,000	–	31,509	–	0.21%	–
ADI	New	ANALOG DEVICES INC	$1,130,000	–	9,216	–	0.21%	–
FAST	New	FASTENAL CO	$1,125,000	–	26,265	–	0.21%	–
VRSK	New	VERISK ANALYTICS INC	$1,120,000	–	6,579	–	0.21%	–
SBUX	New	STARBUCKS CORP	$1,109,000	–	15,069	–	0.21%	–
HEI	New	HEICO CORP NEW	$1,036,000	–	10,399	–	0.19%	–
NRZ	New	NEW RESIDENTIAL INVT CORP	$1,011,000	–	136,073	–	0.19%	–
DHR	New	DANAHER CORPORATION	$1,000,000	–	5,655	–	0.19%	–
ANSS	New	ANSYS INC	$999,000	–	3,423	–	0.19%	–
ESGV	New	VANGUARD WORLD FDesg us stk etf	$944,000	–	16,738	–	0.18%	–
FISV	New	FISERV INC	$930,000	–	9,527	–	0.17%	–
LOPE	New	GRAND CANYON ED INC	$912,000	–	10,073	–	0.17%	–
INFO	New	IHS MARKIT LTD	$891,000	–	11,803	–	0.17%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$893,000	–	21,860	–	0.17%	–
BL	New	BLACKLINE INC	$862,000	–	10,395	–	0.16%	–
CHE	New	CHEMED CORP NEW	$863,000	–	1,913	–	0.16%	–
AMED	New	AMEDISYS INC	$858,000	–	4,321	–	0.16%	–
IWO	New	ISHARES TRrus 2000 grw etf	$846,000	–	4,088	–	0.16%	–
V	New	VISA INC	$804,000	–	4,161	–	0.15%	–
NFLX	New	NETFLIX INC	$801,000	–	1,760	–	0.15%	–
PRLB	New	PROTO LABS INC	$799,000	–	7,108	–	0.15%	–
BXMT	New	BLACKSTONE MTG TR INC	$794,000	–	32,979	–	0.15%	–
GOOGL	New	ALPHABET INCcap stk cl a	$764,000	–	539	–	0.14%	–
NOW	New	SERVICENOW INC	$757,000	–	1,870	–	0.14%	–
GOOG	New	ALPHABET INCcap stk cl c	$751,000	–	531	–	0.14%	–
HD	New	HOME DEPOT INC	$729,000	–	2,912	–	0.14%	–
IDXX	New	IDEXX LABS INC	$658,000	–	1,992	–	0.12%	–
PFF	New	ISHARES TRpfd and incm sec	$652,000	–	18,818	–	0.12%	–
NEE	New	NEXTERA ENERGY INC	$623,000	–	2,593	–	0.12%	–
JPM	New	JPMORGAN CHASE & CO	$626,000	–	6,655	–	0.12%	–
LSI	New	LIFE STORAGE INC	$627,000	–	6,600	–	0.12%	–
ROL	New	ROLLINS INC	$613,000	–	14,472	–	0.11%	–
ALL	New	ALLSTATE CORP	$599,000	–	6,175	–	0.11%	–
PG	New	PROCTER AND GAMBLE CO	$596,000	–	4,981	–	0.11%	–
NATI	New	NATIONAL INSTRS CORP	$587,000	–	15,165	–	0.11%	–
MA	New	MASTERCARD INCORPORATEDcl a	$566,000	–	1,915	–	0.10%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$551,000	–	4,971	–	0.10%	–
FIVE	New	FIVE BELOW INC	$538,000	–	5,031	–	0.10%	–
EXAS	New	EXACT SCIENCES CORP	$519,000	–	5,970	–	0.10%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$510,000	–	7,221	–	0.10%	–
NXPI	New	NXP SEMICONDUCTORS N V	$505,000	–	4,429	–	0.09%	–
JNJ	New	JOHNSON & JOHNSON	$501,000	–	3,565	–	0.09%	–
LOW	New	LOWES COS INC	$483,000	–	3,573	–	0.09%	–
XEL	New	XCEL ENERGY INC	$475,000	–	7,594	–	0.09%	–
AMLP	New	ALPS ETF TRalerian mlp	$473,000	–	19,175	–	0.09%	–
GNTX	New	GENTEX CORP	$464,000	–	18,022	–	0.09%	–
LIN	New	LINDE PLC	$460,000	–	2,168	–	0.08%	–
MPC	New	MARATHON PETE CORP	$458,000	–	12,246	–	0.08%	–
HCSG	New	HEALTHCARE SVCS GROUP INC	$451,000	–	18,432	–	0.08%	–
CVX	New	CHEVRON CORP NEW	$453,000	–	5,078	–	0.08%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$453,000	–	12,803	–	0.08%	–
SUSA	New	ISHARES TRmsci usa esg slc	$441,000	–	3,298	–	0.08%	–
NEOG	New	NEOGEN CORP	$364,000	–	4,696	–	0.07%	–
BIIB	New	BIOGEN INC	$355,000	–	1,325	–	0.07%	–
PEP	New	PEPSICO INC	$343,000	–	2,596	–	0.06%	–
ABT	New	ABBOTT LABS	$333,000	–	3,640	–	0.06%	–
MS	New	MORGAN STANLEY	$310,000	–	6,422	–	0.06%	–
TWOU	New	2U INC	$313,000	–	8,240	–	0.06%	–
PS	New	PLURALSIGHT INC	$306,000	–	16,971	–	0.06%	–
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$309,000	–	2,527	–	0.06%	–
AOS	New	SMITH A O CORP	$299,000	–	6,351	–	0.06%	–
MDT	New	MEDTRONIC PLC	$295,000	–	3,212	–	0.06%	–
BP	New	BP PLCsponsored adr	$292,000	–	12,508	–	0.05%	–
FB	New	FACEBOOK INCcl a	$289,000	–	1,271	–	0.05%	–
HES	New	HESS CORP	$288,000	–	5,555	–	0.05%	–
MRK	New	MERCK & CO. INC	$282,000	–	3,650	–	0.05%	–
TOLZ	New	PROSHARES TRdj brkfld glb	$277,000	–	7,000	–	0.05%	–
IGF	New	ISHARES TRglb infrastr etf	$268,000	–	7,000	–	0.05%	–
ORCL	New	ORACLE CORP	$260,000	–	4,707	–	0.05%	–
DD	New	DUPONT DE NEMOURS INC	$253,000	–	4,768	–	0.05%	–
VGT	New	VANGUARD WORLD FDSinf tech etf	$251,000	–	900	–	0.05%	–
KMI	New	KINDER MORGAN INC DEL	$246,000	–	16,200	–	0.05%	–
LMT	New	LOCKHEED MARTIN CORP	$249,000	–	681	–	0.05%	–
UGI	New	UGI CORP NEW	$226,000	–	7,117	–	0.04%	–
C	New	CITIGROUP INC	$220,000	–	4,309	–	0.04%	–
CMCSA	New	COMCAST CORP NEWcl a	$223,000	–	5,730	–	0.04%	–
DVY	New	ISHARES TRselect divid etf	$214,000	–	2,656	–	0.04%	–
NEM	New	NEWMONT CORP	$217,000	–	3,517	–	0.04%	–
AEM	New	AGNICO EAGLE MINES LTD	$213,000	–	3,320	–	0.04%	–
ALRS	New	ALERUS FINL CORP	$203,000	–	10,280	–	0.04%	–
CAT	New	CATERPILLAR INC DEL	$201,000	–	1,586	–	0.04%	–
NINE	New	NINE ENERGY SERVICE INC	$182,000	–	93,258	–	0.03%	–
CLNY	New	COLONY CAP INC NEW	$120,000	–	50,000	–	0.02%	–
PAYS	New	PAYSIGN INC	$97,000	–	10,000	–	0.02%	–
	New	NABRIVA THERAPEUTICS PLC	$7,000	–	10,000	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
	Exit	NABRIVA THERAPEUTICS PLC	$0	–	-10,000	–	-0.00%	–
NBR	Exit	NABORS INDUSTRIES LTD	$0	–	-40,000	–	-0.01%	–
EVH	Exit	EVOLENT HEALTH INCcl a	$0	–	-16,465	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-19,598	–	-0.03%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-2,815	–	-0.04%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-1,627	–	-0.04%	–
SYK	Exit	STRYKER CORP	$0	–	-975	–	-0.04%	–
HSY	Exit	HERSHEY CO	$0	–	-1,375	–	-0.04%	–
AL	Exit	AIR LEASE CORPcl a	$0	–	-5,000	–	-0.04%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-2,922	–	-0.04%	–
MPLX	Exit	MPLX LP	$0	–	-7,806	–	-0.04%	–
WMT	Exit	WALMART INC	$0	–	-1,901	–	-0.04%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,291	–	-0.04%	–
DOW	Exit	DOW INC	$0	–	-5,219	–	-0.05%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-1,322	–	-0.05%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-689	–	-0.05%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-2,681	–	-0.05%	–
LKQ	Exit	LKQ CORP	$0	–	-8,844	–	-0.05%	–
PS	Exit	PLURALSIGHT INC	$0	–	-17,061	–	-0.05%	–
CELG	Exit	CELGENE CORP	$0	–	-2,961	–	-0.06%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-2,187	–	-0.06%	–
CLNY	Exit	COLONY CAP INC NEW	$0	–	-50,000	–	-0.06%	–
AOS	Exit	SMITH A O CORP	$0	–	-6,350	–	-0.06%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-800	–	-0.06%	–
ORCL	Exit	ORACLE CORP	$0	–	-5,555	–	-0.06%	–
BIIB	Exit	BIOGEN INC	$0	–	-1,330	–	-0.06%	–
IFF	Exit	INTERNATIONAL FLAVORS&FRAGRA	$0	–	-2,535	–	-0.06%	–
NEOG	Exit	NEOGEN CORP	$0	–	-4,633	–	-0.06%	–
CALX	Exit	CALIX INC	$0	–	-50,750	–	-0.06%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,831	–	-0.06%	–
TOLZ	Exit	PROSHARES TRdj brkfld glb	$0	–	-7,000	–	-0.06%	–
SPHQ	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$0	–	-9,758	–	-0.06%	–
IGF	Exit	ISHARES TRglb infrastr etf	$0	–	-7,000	–	-0.06%	–
MS	Exit	MORGAN STANLEY	$0	–	-7,730	–	-0.06%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,310	–	-0.06%	–
HES	Exit	HESS CORP	$0	–	-5,555	–	-0.06%	–
IGIB	Exit	ISHARES TRintrm tr crp etf	$0	–	-6,026	–	-0.07%	–
UGI	Exit	UGI CORP NEW	$0	–	-7,117	–	-0.07%	–
PEP	Exit	PEPSICO INC	$0	–	-2,596	–	-0.07%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-7,949	–	-0.07%	–
AYI	Exit	ACUITY BRANDS INC	$0	–	-2,694	–	-0.07%	–
C	Exit	CITIGROUP INC	$0	–	-5,278	–	-0.07%	–
MRK	Exit	MERCK & CO INC	$0	–	-4,302	–	-0.07%	–
DD	Exit	DUPONT DE NEMOURS INC	$0	–	-5,248	–	-0.07%	–
PFE	Exit	PFIZER INC	$0	–	-10,591	–	-0.07%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-4,140	–	-0.07%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-3,693	–	-0.08%	–
LIN	Exit	LINDE PLC	$0	–	-2,151	–	-0.08%	–
LOW	Exit	LOWES COS INC	$0	–	-3,823	–	-0.08%	–
SUSA	Exit	ISHARES TRmsci usa esg slc	$0	–	-3,466	–	-0.08%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-8,555	–	-0.08%	–
HCSG	Exit	HEALTHCARE SVCS GRP INC	$0	–	-18,013	–	-0.08%	–
NFLX	Exit	NETFLIX INC	$0	–	-1,746	–	-0.09%	–
BL	Exit	BLACKLINE INC	$0	–	-10,246	–	-0.09%	–
ROL	Exit	ROLLINS INC	$0	–	-14,519	–	-0.09%	–
GNTX	Exit	GENTEX CORP	$0	–	-17,986	–	-0.09%	–
BP	Exit	BP PLCsponsored adr	$0	–	-13,190	–	-0.10%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,916	–	-0.10%	–
GWRE	Exit	GUIDEWIRE SOFTWARE INC	$0	–	-4,890	–	-0.10%	–
TDOC	Exit	TELADOC HEALTH INC	$0	–	-7,711	–	-0.10%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-4,816	–	-0.10%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-8,389	–	-0.10%	–
AMED	Exit	AMEDISYS INC	$0	–	-4,195	–	-0.10%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-3,865	–	-0.11%	–
USB	Exit	US BANCORP DEL	$0	–	-10,535	–	-0.11%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-5,148	–	-0.12%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-2,280	–	-0.12%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-14,731	–	-0.12%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-4,973	–	-0.12%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,709	–	-0.12%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-530	–	-0.12%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-6,887	–	-0.13%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-561	–	-0.13%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-6,600	–	-0.13%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-5,694	–	-0.13%	–
PFF	Exit	ISHARES TRpfd and incm sec	$0	–	-18,818	–	-0.13%	–
ALL	Exit	ALLSTATE CORP	$0	–	-6,554	–	-0.14%	–
PRLB	Exit	PROTO LABS INC	$0	–	-7,010	–	-0.14%	–
V	Exit	VISA INC	$0	–	-4,172	–	-0.14%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,163	–	-0.14%	–
GLOB	Exit	GLOBANT S A	$0	–	-8,175	–	-0.14%	–
ANSS	Exit	ANSYS INC	$0	–	-3,385	–	-0.14%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-1,881	–	-0.15%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-12,027	–	-0.15%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-3,717	–	-0.15%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-6,901	–	-0.15%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-16,451	–	-0.16%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-4,004	–	-0.16%	–
FAST	Exit	FASTENAL CO	$0	–	-26,086	–	-0.16%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-4,438	–	-0.16%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-6,044	–	-0.16%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-5,620	–	-0.16%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-21,674	–	-0.16%	–
ESGV	Exit	VANGUARD WORLD FDesg us stk etf	$0	–	-16,975	–	-0.17%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-73,174	–	-0.18%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-10,970	–	-0.19%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-6,474	–	-0.19%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-9,366	–	-0.20%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-7,082	–	-0.20%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-4,059	–	-0.20%	–
ECL	Exit	ECOLAB INC	$0	–	-5,772	–	-0.22%	–
FISV	Exit	FISERV INC	$0	–	-11,141	–	-0.22%	–
HEI	Exit	HEICO CORP NEW	$0	–	-9,431	–	-0.22%	–
HOG	Exit	HARLEY DAVIDSON INC	$0	–	-33,737	–	-0.23%	–
LUMN	Exit	CENTURYLINK INC	$0	–	-99,161	–	-0.24%	–
AAPL	Exit	APPLE INC	$0	–	-5,666	–	-0.24%	–
AMZN	Exit	AMAZON COM INC	$0	–	-781	–	-0.26%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-2,300	–	-0.26%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-15,757	–	-0.26%	–
NVDA	Exit	NVIDIA CORP	$0	–	-8,129	–	-0.27%	–
MMM	Exit	3M CO	$0	–	-8,643	–	-0.27%	–
AFL	Exit	AFLAC INC	$0	–	-31,480	–	-0.31%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.34%	–
SPHD	Exit	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$0	–	-43,005	–	-0.35%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-15,990	–	-0.35%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-29,298	–	-0.37%	–
CAG	Exit	CONAGRA BRANDS INC	$0	–	-65,182	–	-0.38%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-30,400	–	-0.38%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-34,066	–	-0.39%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-16,300	–	-0.39%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-128,907	–	-0.39%	–
HBI	Exit	HANESBRANDS INC	$0	–	-135,030	–	-0.39%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-165,229	–	-0.41%	–
KO	Exit	COCA COLA CO	$0	–	-42,746	–	-0.44%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-97,669	–	-0.45%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-275,999	–	-0.46%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-67,800	–	-0.49%	–
QCOM	Exit	QUALCOMM INC	$0	–	-34,621	–	-0.50%	–
F	Exit	FORD MTR CO DEL	$0	–	-299,946	–	-0.52%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-20,041	–	-0.53%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-156,478	–	-0.54%	–
INTC	Exit	INTEL CORP	$0	–	-58,771	–	-0.57%	–
CSCO	Exit	CISCO SYS INC	$0	–	-61,494	–	-0.58%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-56,674	–	-0.58%	–
PPL	Exit	PPL CORP	$0	–	-97,005	–	-0.58%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-44,470	–	-0.60%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-34,104	–	-0.62%	–
D	Exit	DOMINION ENERGY INC	$0	–	-40,589	–	-0.62%	–
T	Exit	AT&T INC	$0	–	-88,277	–	-0.63%	–
WELL	Exit	WELLTOWER INC	$0	–	-37,539	–	-0.65%	–
SO	Exit	SOUTHERN CO	$0	–	-56,021	–	-0.66%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-57,936	–	-0.66%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.67%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-404,862	–	-0.70%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-87,724	–	-0.71%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-42,386	–	-0.72%	–
GIS	Exit	GENERAL MLS INC	$0	–	-75,211	–	-0.79%	–
ABBV	Exit	ABBVIE INC	$0	–	-58,786	–	-0.84%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-36,222	–	-1.00%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-58,300	–	-1.01%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-47,120	–	-1.07%	–
MCD	Exit	MCDONALDS CORP	$0	–	-27,393	–	-1.12%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-334,004	–	-3.75%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-433,669	–	-5.33%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-201,755	–	-5.78%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-690,479	–	-6.42%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-1,499,435	–	-7.96%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-143,723	–	-8.09%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-900,527	–	-10.43%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-454,370	–	-16.28%	–

Q3 2019

			Value		Shares		↓ Weighting
QQQ	Sell	INVESCO QQQ TRunit ser 1	$85,790,000	-14.4%	454,370	-15.3%	16.28%	-27.8%
IEFA	Buy	ISHARES TRcore msci eafe	$54,995,000	+0.9%	900,527	+1.4%	10.43%	-14.8%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$42,653,000	+2.3%	143,723	+1.0%	8.09%	-13.7%
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$41,984,000	–	1,499,435	–	7.96%	–
IEMG	Buy	ISHARES INCcore msci emkt	$33,847,000	-1.9%	690,479	+2.9%	6.42%	-17.2%
VTI	Sell	VANGUARD INDEX FDStotal stk mkt	$30,465,000	-0.1%	201,755	-0.7%	5.78%	-15.6%
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$28,076,000	–	433,669	–	5.33%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$19,773,000	–	334,004	–	3.75%	–
MCD	Sell	MCDONALDS CORP	$5,882,000	+2.3%	27,393	-1.0%	1.12%	-13.6%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$5,646,000	+14.4%	47,120	-1.4%	1.07%	-3.4%
IBM	Buy	INTERNATIONAL BUSINESS MACHS	$5,267,000	+5.7%	36,222	+0.2%	1.00%	-10.8%
ABBV	Buy	ABBVIE INC	$4,451,000	+7.7%	58,786	+3.4%	0.84%	-9.1%
GIS	Sell	GENERAL MLS INC	$4,146,000	+3.8%	75,211	-1.1%	0.79%	-12.4%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$3,792,000	+5.5%	42,386	+1.6%	0.72%	-11.0%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$3,744,000	+7.4%	87,724	+0.7%	0.71%	-9.3%
AMLP	Buy	ALPS ETF TRalerian mlp	$3,700,000	-3.8%	404,862	+3.7%	0.70%	-18.8%
RDSB	Buy	ROYAL DUTCH SHELL PLCspon adr b	$3,470,000	-5.7%	57,936	+3.5%	0.66%	-20.4%
SO	Sell	SOUTHERN CO	$3,460,000	+8.9%	56,021	-2.5%	0.66%	-8.1%
WELL	Sell	WELLTOWER INC	$3,403,000	+8.8%	37,539	-2.1%	0.65%	-8.1%
T	Sell	AT&T INC	$3,340,000	+10.3%	88,277	-2.3%	0.63%	-6.8%
D	Buy	DOMINION ENERGY INC	$3,289,000	+5.3%	40,589	+0.5%	0.62%	-11.1%
DUK	Buy	DUKE ENERGY CORP NEW	$3,269,000	+8.7%	34,104	+0.1%	0.62%	-8.3%
XOM	Buy	EXXON MOBIL CORP	$3,140,000	-4.8%	44,470	+3.3%	0.60%	-19.6%
PPL	Buy	PPL CORP	$3,055,000	+3.9%	97,005	+2.4%	0.58%	-12.3%
STX	Sell	SEAGATE TECHNOLOGY PLC	$3,048,000	+12.1%	56,674	-1.8%	0.58%	-5.4%
CSCO	Buy	CISCO SYS INC	$3,038,000	-5.7%	61,494	+4.4%	0.58%	-20.4%
MFC	Sell	MANULIFE FINL CORP	$2,873,000	+0.0%	156,478	-1.0%	0.54%	-15.6%
MSFT	Buy	MICROSOFT CORP	$2,786,000	+8.1%	20,041	+4.1%	0.53%	-8.6%
F	Sell	FORD MTR CO DEL	$2,748,000	-11.8%	299,946	-1.5%	0.52%	-25.6%
QCOM	Sell	QUALCOMM INC	$2,641,000	-4.8%	34,621	-5.1%	0.50%	-19.7%
HSBC	Buy	HSBC HLDGS PLCspon adr new	$2,595,000	-6.0%	67,800	+2.4%	0.49%	-20.8%
NLY	Buy	ANNALY CAP MGMT INC	$2,429,000	+0.6%	275,999	+4.3%	0.46%	-15.1%
STWD	Sell	STARWOOD PPTY TR INC	$2,366,000	+5.8%	97,669	-0.8%	0.45%	-10.7%
KO	Buy	COCA COLA CO	$2,327,000	+7.0%	42,746	+0.1%	0.44%	-9.8%
TWO	Buy	TWO HBRS INVT CORP	$2,169,000	+5.2%	165,229	+1.6%	0.41%	-11.2%
HBI	Buy	HANESBRANDS INC	$2,069,000	-8.4%	135,030	+2.9%	0.39%	-22.6%
AGNC	Buy	AGNC INVT CORP	$2,074,000	-1.0%	128,907	+3.5%	0.39%	-16.6%
VZ	Buy	VERIZON COMMUNICATIONS INC	$2,056,000	+7.0%	34,066	+1.3%	0.39%	-9.7%
CAG	Sell	CONAGRA BRANDS INC	$2,000,000	+14.0%	65,182	-1.5%	0.38%	-3.8%
EMR	Buy	EMERSON ELEC CO	$1,959,000	+2.4%	29,298	+2.1%	0.37%	-13.5%
SPHD	Buy	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$1,833,000	+2.9%	43,005	+1.7%	0.35%	-13.0%
MMM	Sell	3M CO	$1,421,000	-5.5%	8,643	-0.4%	0.27%	-20.1%
NVDA	Buy	NVIDIA CORP	$1,415,000	+8.0%	8,129	+1.9%	0.27%	-8.8%
SBUX	Buy	STARBUCKS CORP	$1,393,000	+8.3%	15,757	+2.7%	0.26%	-8.7%
CSGP	Sell	COSTAR GROUP INC	$1,364,000	+5.0%	2,300	-1.9%	0.26%	-11.3%
AMZN	Sell	AMAZON COM INC	$1,356,000	-8.9%	781	-0.6%	0.26%	-23.1%
AAPL	Sell	APPLE INC	$1,269,000	+12.9%	5,666	-0.2%	0.24%	-4.7%
LUMN	Sell	CENTURYLINK INC	$1,238,000	+6.0%	99,161	-0.2%	0.24%	-10.6%
HOG	Sell	HARLEY DAVIDSON INC	$1,214,000	+0.3%	33,737	-0.1%	0.23%	-15.4%
HEI	Sell	HEICO CORP NEW	$1,178,000	-7.8%	9,431	-1.2%	0.22%	-22.3%
FISV	Sell	FISERV INC	$1,154,000	+12.3%	11,141	-1.2%	0.22%	-5.2%
ECL	Sell	ECOLAB INC	$1,143,000	-0.8%	5,772	-1.1%	0.22%	-16.2%
TYL	Sell	TYLER TECHNOLOGIES INC	$1,065,000	+20.3%	4,059	-0.9%	0.20%	+1.5%
CRM	Sell	SALESFORCE COM INC	$1,051,000	-3.3%	7,082	-1.1%	0.20%	-18.4%
ADI	Sell	ANALOG DEVICES INC	$1,046,000	-1.9%	9,366	-0.8%	0.20%	-17.5%
VRSK	Sell	VERISK ANALYTICS INC	$1,024,000	+6.7%	6,474	-1.2%	0.19%	-10.2%
ESGV	New	VANGUARD WORLD FDesg us stk etf	$881,000	–	16,975	–	0.17%	–
RBA	Sell	RITCHIE BROS AUCTIONEERS	$865,000	+18.0%	21,674	-1.8%	0.16%	-0.6%
WST	Sell	WEST PHARMACEUTICAL SVSC INC	$857,000	+11.9%	6,044	-1.2%	0.16%	-5.2%
VEEV	Sell	VEEVA SYS INC	$858,000	-7.0%	5,620	-1.3%	0.16%	-21.3%
IWO	New	ISHARES TRrus 2000 grw etf	$855,000	–	4,438	–	0.16%	–
FAST	Sell	FASTENAL CO	$852,000	-0.7%	26,086	-0.9%	0.16%	-16.1%
PAYC	Sell	PAYCOM SOFTWARE INC	$839,000	-8.8%	4,004	-1.4%	0.16%	-23.2%
JPM	Buy	JPMORGAN CHASE & CO	$812,000	+5.9%	6,901	+0.7%	0.15%	-10.5%
UNH	Buy	UNITEDHEALTH GROUP INC	$808,000	+0.4%	3,717	+12.7%	0.15%	-15.5%
INFO	Sell	IHS MARKIT LTD	$804,000	+3.5%	12,027	-1.4%	0.15%	-12.6%
CHE	Sell	CHEMED CORP NEW	$785,000	+14.1%	1,881	-1.3%	0.15%	-3.9%
GLOB	Sell	GLOBANT S A	$749,000	-10.4%	8,175	-1.2%	0.14%	-24.5%
ANSS	Sell	ANSYS INC	$749,000	+6.7%	3,385	-1.3%	0.14%	-10.1%
PRLB	Sell	PROTO LABS INC	$716,000	-12.3%	7,010	-0.3%	0.14%	-25.7%
V	Buy	VISA INC	$718,000	-0.6%	4,172	+0.2%	0.14%	-16.0%
ALL	Sell	ALLSTATE CORP	$712,000	+5.6%	6,554	-1.1%	0.14%	-10.6%
PG	Buy	PROCTER & GAMBLE CO	$708,000	+22.7%	5,694	+8.3%	0.13%	+3.1%
GOOGL	Buy	ALPHABET INCcap stk cl a	$685,000	+15.5%	561	+2.4%	0.13%	-2.3%
LOPE	Sell	GRAND CANYON ED INC	$676,000	-17.0%	6,887	-1.0%	0.13%	-30.1%
GOOG	Sell	ALPHABET INCcap stk cl c	$646,000	+11.6%	530	-1.1%	0.12%	-5.4%
FIVE	Sell	FIVE BELOW INC	$627,000	+3.6%	4,973	-1.4%	0.12%	-12.5%
NATI	Sell	NATIONAL INSTRS CORP	$619,000	-1.1%	14,731	-1.1%	0.12%	-17.0%
MA	Buy	MASTERCARD INCcl a	$619,000	+5.1%	2,280	+2.4%	0.12%	-11.4%
CVX	Sell	CHEVRON CORP NEW	$611,000	-5.3%	5,148	-0.6%	0.12%	-20.0%
USB	Buy	US BANCORP DEL	$583,000	+17.5%	10,535	+11.4%	0.11%	0.0%
DHR	Sell	DANAHER CORPORATION	$558,000	0.0%	3,865	-1.0%	0.11%	-15.2%
AMED	Buy	AMEDISYS INC	$550,000	+15.3%	4,195	+6.7%	0.10%	-2.8%
XEL	Buy	XCEL ENERGY INC	$544,000	+20.4%	8,389	+10.5%	0.10%	+1.0%
NXPI	Buy	NXP SEMICONDUCTORS N V	$526,000	+12.4%	4,816	+0.5%	0.10%	-4.8%
TDOC	Sell	TELADOC HEALTH INC	$522,000	+0.8%	7,711	-1.2%	0.10%	-14.7%
GWRE	Sell	GUIDEWIRE SOFTWARE INC	$515,000	+2.6%	4,890	-1.3%	0.10%	-13.3%
JNJ	Buy	JOHNSON & JOHNSON	$507,000	+1.4%	3,916	+9.1%	0.10%	-14.3%
GNTX	Sell	GENTEX CORP	$495,000	+11.0%	17,986	-0.8%	0.09%	-6.0%
ROL	Sell	ROLLINS INC	$495,000	-6.1%	14,519	-1.1%	0.09%	-20.3%
BL	Sell	BLACKLINE INC	$490,000	-11.6%	10,246	-1.1%	0.09%	-25.6%
NFLX	Sell	NETFLIX INC	$467,000	-27.7%	1,746	-0.8%	0.09%	-38.6%
HCSG	Sell	HEALTHCARE SVCS GRP INC	$438,000	-20.8%	18,013	-1.2%	0.08%	-33.1%
WFC	Sell	WELLS FARGO CO NEW	$432,000	+6.1%	8,555	-0.6%	0.08%	-9.9%
SUSA	New	ISHARES TRmsci usa esg slc	$428,000	–	3,466	–	0.08%	–
LOW	Sell	LOWES COS INC	$420,000	+8.8%	3,823	-0.1%	0.08%	-8.0%
LIN	Sell	LINDE PLC	$417,000	-4.8%	2,151	-1.3%	0.08%	-19.4%
MDT	Buy	MEDTRONIC PLC	$401,000	+22.6%	3,693	+10.0%	0.08%	+4.1%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$386,000	+81.2%	4,140	+70.0%	0.07%	+52.1%
PFE	Sell	PFIZER INC	$381,000	-18.9%	10,591	-2.3%	0.07%	-32.1%
AYI	Sell	ACUITY BRANDS INC	$363,000	-3.2%	2,694	-0.9%	0.07%	-17.9%
MRK	Sell	MERCK & CO INC	$362,000	-0.5%	4,302	-0.9%	0.07%	-15.9%
CMCSA	Buy	COMCAST CORP NEWcl a	$358,000	+28.8%	7,949	+20.9%	0.07%	+9.7%
PEP	Sell	PEPSICO INC	$356,000	+2.6%	2,596	-2.0%	0.07%	-12.8%
UGI	New	UGI CORP NEW	$358,000	–	7,117	–	0.07%	–
IGIB	Sell	ISHARES TRintrm tr crp etf	$349,000	-11.0%	6,026	-12.5%	0.07%	-25.0%
NEOG	Sell	NEOGEN CORP	$316,000	+8.6%	4,633	-1.1%	0.06%	-7.7%
BIIB	Buy	BIOGEN INC	$310,000	-0.3%	1,330	+0.1%	0.06%	-15.7%
IFF	Sell	INTERNATIONAL FLAVORS&FRAGRA	$311,000	-16.4%	2,535	-1.2%	0.06%	-29.8%
ORCL	Buy	ORACLE CORP	$306,000	-2.5%	5,555	+0.9%	0.06%	-18.3%
AOS	Sell	SMITH A O CORP	$303,000	+0.7%	6,350	-0.6%	0.06%	-16.2%
UTX	Buy	UNITED TECHNOLOGIES CORP	$299,000	+32.9%	2,187	+26.6%	0.06%	+11.8%
PS	Buy	PLURALSIGHT INC	$287,000	-43.7%	17,061	+1.4%	0.05%	-53.0%
LKQ	Sell	LKQ CORP	$278,000	+16.8%	8,844	-1.0%	0.05%	0.0%
DVY	New	ISHARES TRselect divid etf	$273,000	–	2,681	–	0.05%	–
ACN	New	ACCENTURE PLC IRELAND	$254,000	–	1,322	–	0.05%	–
DOW	Sell	DOW INC	$249,000	-3.5%	5,219	-0.4%	0.05%	-19.0%
FB	Buy	FACEBOOK INCcl a	$230,000	-5.7%	1,291	+2.3%	0.04%	-20.0%
WMT	New	WALMART INC	$226,000	–	1,901	–	0.04%	–
MPLX	Buy	MPLX LP	$219,000	-6.8%	7,806	+6.9%	0.04%	-20.8%
HSY	New	HERSHEY CO	$213,000	–	1,375	–	0.04%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$201,000	–	2,815	–	0.04%	–
GE	Sell	GENERAL ELECTRIC CO	$175,000	-28.3%	19,598	-15.5%	0.03%	-40.0%
EVH	Sell	EVOLENT HEALTH INCcl a	$118,000	-10.6%	16,465	-1.1%	0.02%	-26.7%
CI	Exit	CIGNA CORP NEW	$0	–	-1,306	–	-0.05%	–
BLUE	Exit	BLUEBIRD BIO INC	$0	–	-1,800	–	-0.05%	–
CG	Exit	CARLYLE GROUP L P	$0	–	-10,000	–	-0.05%	–
ENB	Exit	ENBRIDGE INC	$0	–	-6,727	–	-0.06%	–
OAK	Exit	OAKTREE CAP GROUP LLCunit cl a	$0	–	-5,350	–	-0.06%	–
HSIC	Exit	HENRY SCHEIN INC	$0	–	-3,865	–	-0.06%	–
TWOU	Exit	2U INC	$0	–	-8,263	–	-0.07%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.13%	–

Q2 2019

			Value		Shares		↓ Weighting
QQQ	New	INVESCO QQQ TRunit ser 1	$100,226,000	–	536,715	–	22.53%	–
IEFA	New	ISHARES TRcore msci eafe	$54,502,000	–	887,660	–	12.25%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$41,714,000	–	142,370	–	9.38%	–
IEMG	New	ISHARES INCcore msci emkt	$34,509,000	–	670,857	–	7.76%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$30,485,000	–	203,113	–	6.85%	–
MCD	New	MCDONALDS CORP	$5,747,000	–	27,674	–	1.29%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$5,238,000	–	58,300	–	1.18%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$4,985,000	–	36,150	–	1.12%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$4,936,000	–	47,801	–	1.11%	–
ABBV	New	ABBVIE INC	$4,133,000	–	56,829	–	0.93%	–
GIS	New	GENERAL MLS INC	$3,996,000	–	76,082	–	0.90%	–
AMLP	New	ALPS ETF TRalerian mlp	$3,846,000	–	390,428	–	0.86%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$3,680,000	–	55,981	–	0.83%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$3,595,000	–	41,738	–	0.81%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$3,485,000	–	87,075	–	0.78%	–
XOM	New	EXXON MOBIL CORP	$3,298,000	–	43,038	–	0.74%	–
EXR	New	EXTRA SPACE STORAGE INC	$3,224,000	–	30,382	–	0.72%	–
CSCO	New	CISCO SYS INC	$3,223,000	–	58,881	–	0.72%	–
SO	New	SOUTHERN CO	$3,176,000	–	57,445	–	0.71%	–
WELL	New	WELLTOWER INC	$3,127,000	–	38,359	–	0.70%	–
D	New	DOMINION ENERGY INC	$3,123,000	–	40,394	–	0.70%	–
F	New	FORD MTR CO DEL	$3,116,000	–	304,643	–	0.70%	–
T	New	AT&T INC	$3,027,000	–	90,322	–	0.68%	–
DUK	New	DUKE ENERGY CORP NEW	$3,007,000	–	34,083	–	0.68%	–
PPL	New	PPL CORP	$2,939,000	–	94,775	–	0.66%	–
MFC	New	MANULIFE FINL CORP	$2,872,000	–	157,989	–	0.65%	–
INTC	New	INTEL CORP	$2,813,000	–	58,771	–	0.63%	–
QCOM	New	QUALCOMM INC	$2,775,000	–	36,477	–	0.62%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$2,762,000	–	66,180	–	0.62%	–
STX	New	SEAGATE TECHNOLOGY PLC	$2,718,000	–	57,691	–	0.61%	–
MSFT	New	MICROSOFT CORP	$2,578,000	–	19,247	–	0.58%	–
NLY	New	ANNALY CAP MGMT INC	$2,415,000	–	264,552	–	0.54%	–
HBI	New	HANESBRANDS INC	$2,259,000	–	131,175	–	0.51%	–
STWD	New	STARWOOD PPTY TR INC	$2,237,000	–	98,445	–	0.50%	–
KO	New	COCA COLA CO	$2,174,000	–	42,699	–	0.49%	–
AGNC	New	AGNC INVT CORP	$2,094,000	–	124,506	–	0.47%	–
TWO	New	TWO HBRS INVT CORP	$2,061,000	–	162,636	–	0.46%	–
IEI	New	ISHARES TR3 7 yr treas bd	$2,050,000	–	16,300	–	0.46%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$2,005,000	–	30,400	–	0.45%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,921,000	–	33,621	–	0.43%	–
EMR	New	EMERSON ELEC CO	$1,914,000	–	28,684	–	0.43%	–
WM	New	WASTE MGMT INC DEL	$1,845,000	–	15,990	–	0.42%	–
SPHD	New	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$1,781,000	–	42,290	–	0.40%	–
PSA	New	PUBLIC STORAGE	$1,762,000	–	7,400	–	0.40%	–
CAG	New	CONAGRA BRANDS INC	$1,754,000	–	66,149	–	0.39%	–
AFL	New	AFLAC INC	$1,725,000	–	31,480	–	0.39%	–
MMM	New	3M CO	$1,504,000	–	8,674	–	0.34%	–
AMZN	New	AMAZON COM INC	$1,488,000	–	786	–	0.33%	–
NVDA	New	NVIDIA CORP	$1,310,000	–	7,975	–	0.29%	–
CSGP	New	COSTAR GROUP INC	$1,299,000	–	2,344	–	0.29%	–
EXAS	New	EXACT SCIENCES CORP	$1,295,000	–	10,970	–	0.29%	–
SBUX	New	STARBUCKS CORP	$1,286,000	–	15,343	–	0.29%	–
HEI	New	HEICO CORP NEW	$1,277,000	–	9,541	–	0.29%	–
HOG	New	HARLEY DAVIDSON INC	$1,210,000	–	33,768	–	0.27%	–
LUMN	New	CENTURYLINK INC	$1,168,000	–	99,312	–	0.26%	–
ECL	New	ECOLAB INC	$1,152,000	–	5,837	–	0.26%	–
AAPL	New	APPLE INC	$1,124,000	–	5,677	–	0.25%	–
CRM	New	SALESFORCE COM INC	$1,087,000	–	7,164	–	0.24%	–
ADI	New	ANALOG DEVICES INC	$1,066,000	–	9,443	–	0.24%	–
FISV	New	FISERV INC	$1,028,000	–	11,277	–	0.23%	–
EFT	New	EATON VANCE FLTING RATE INC	$986,000	–	73,174	–	0.22%	–
VRSK	New	VERISK ANALYTICS INC	$960,000	–	6,554	–	0.22%	–
VEEV	New	VEEVA SYS INC	$923,000	–	5,692	–	0.21%	–
PAYC	New	PAYCOM SOFTWARE INC	$920,000	–	4,060	–	0.21%	–
TYL	New	TYLER TECHNOLOGIES INC	$885,000	–	4,095	–	0.20%	–
FAST	New	FASTENAL CO	$858,000	–	26,325	–	0.19%	–
GLOB	New	GLOBANT S A	$836,000	–	8,276	–	0.19%	–
PRLB	New	PROTO LABS INC	$816,000	–	7,033	–	0.18%	–
LOPE	New	GRAND CANYON ED INC	$814,000	–	6,960	–	0.18%	–
UNH	New	UNITEDHEALTH GROUP INC	$805,000	–	3,299	–	0.18%	–
INFO	New	IHS MARKIT LTD	$777,000	–	12,192	–	0.18%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$766,000	–	6,117	–	0.17%	–
JPM	New	JPMORGAN CHASE & CO	$767,000	–	6,856	–	0.17%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$746,000	–	16,451	–	0.17%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$733,000	–	22,068	–	0.16%	–
V	New	VISA INC	$722,000	–	4,162	–	0.16%	–
ANSS	New	ANSYS INC	$702,000	–	3,429	–	0.16%	–
PFF	New	ISHARES TRpfd and incm sec	$693,000	–	18,818	–	0.16%	–
CHE	New	CHEMED CORP NEW	$688,000	–	1,906	–	0.16%	–
ALL	New	ALLSTATE CORP	$674,000	–	6,629	–	0.15%	–
HD	New	HOME DEPOT INC	$658,000	–	3,163	–	0.15%	–
NFLX	New	NETFLIX INC	$646,000	–	1,760	–	0.14%	–
CVX	New	CHEVRON CORP NEW	$645,000	–	5,180	–	0.14%	–
LSI	New	LIFE STORAGE INC	$628,000	–	6,600	–	0.14%	–
NATI	New	NATIONAL INSTRS CORP	$626,000	–	14,899	–	0.14%	–
FIVE	New	FIVE BELOW INC	$605,000	–	5,042	–	0.14%	–
GOOGL	New	ALPHABET INCcap stk cl a	$593,000	–	548	–	0.13%	–
MA	New	MASTERCARD INCcl a	$589,000	–	2,227	–	0.13%	–
GOOG	New	ALPHABET INCcap stk cl c	$579,000	–	536	–	0.13%	–
PG	New	PROCTER AND GAMBLE CO	$577,000	–	5,259	–	0.13%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$571,000	–	16,400	–	0.13%	–
BL	New	BLACKLINE INC	$554,000	–	10,358	–	0.12%	–
DHR	New	DANAHER CORPORATION	$558,000	–	3,903	–	0.12%	–
NEE	New	NEXTERA ENERGY INC	$555,000	–	2,709	–	0.12%	–
BP	New	BP PLCsponsored adr	$550,000	–	13,190	–	0.12%	–
HCSG	New	HEALTHCARE SVCS GRP INC	$553,000	–	18,223	–	0.12%	–
ROL	New	ROLLINS INC	$527,000	–	14,686	–	0.12%	–
TDOC	New	TELADOC HEALTH INC	$518,000	–	7,807	–	0.12%	–
PS	New	PLURALSIGHT INC	$510,000	–	16,826	–	0.12%	–
GWRE	New	GUIDEWIRE SOFTWARE INC	$502,000	–	4,953	–	0.11%	–
JNJ	New	JOHNSON & JOHNSON	$500,000	–	3,590	–	0.11%	–
USB	New	US BANCORP DEL	$496,000	–	9,460	–	0.11%	–
AMED	New	AMEDISYS INC	$477,000	–	3,931	–	0.11%	–
PFE	New	PFIZER INC	$470,000	–	10,842	–	0.11%	–
NXPI	New	NXP SEMICONDUCTORS N V	$468,000	–	4,793	–	0.10%	–
XEL	New	XCEL ENERGY INC	$452,000	–	7,594	–	0.10%	–
GNTX	New	GENTEX CORP	$446,000	–	18,133	–	0.10%	–
LIN	New	LINDE PLC	$438,000	–	2,179	–	0.10%	–
WFC	New	WELLS FARGO CO NEW	$407,000	–	8,606	–	0.09%	–
DD	New	DUPONT DE NEMOURS INC	$394,000	–	5,248	–	0.09%	–
IGIB	New	ISHARES TRintrm tr crp etf	$392,000	–	6,888	–	0.09%	–
LOW	New	LOWES COS INC	$386,000	–	3,825	–	0.09%	–
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$372,000	–	2,565	–	0.08%	–
AYI	New	ACUITY BRANDS INC	$375,000	–	2,718	–	0.08%	–
C	New	CITIGROUP INC	$370,000	–	5,278	–	0.08%	–
MRK	New	MERCK & CO INC	$364,000	–	4,342	–	0.08%	–
HES	New	HESS CORP	$353,000	–	5,555	–	0.08%	–
PEP	New	PEPSICO INC	$347,000	–	2,648	–	0.08%	–
MS	New	MORGAN STANLEY	$339,000	–	7,730	–	0.08%	–
CALX	New	CALIX INC	$333,000	–	50,750	–	0.08%	–
IGF	New	ISHARES TRglb infrastr etf	$323,000	–	7,000	–	0.07%	–
MDT	New	MEDTRONIC PLC	$327,000	–	3,357	–	0.07%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$323,000	–	9,758	–	0.07%	–
ABT	New	ABBOTT LABS	$322,000	–	3,831	–	0.07%	–
TOLZ	New	PROSHARES TRdj brkfld glb	$316,000	–	7,000	–	0.07%	–
ORCL	New	ORACLE CORP	$314,000	–	5,504	–	0.07%	–
BIIB	New	BIOGEN INC	$311,000	–	1,329	–	0.07%	–
PSX	New	PHILLIPS 66	$310,000	–	3,310	–	0.07%	–
TWOU	New	2U INC	$311,000	–	8,263	–	0.07%	–
AOS	New	SMITH A O CORP	$301,000	–	6,391	–	0.07%	–
NEOG	New	NEOGEN CORP	$291,000	–	4,684	–	0.06%	–
CMCSA	New	COMCAST CORP NEWcl a	$278,000	–	6,576	–	0.06%	–
CELG	New	CELGENE CORP	$274,000	–	2,961	–	0.06%	–
HSIC	New	HENRY SCHEIN INC	$270,000	–	3,865	–	0.06%	–
OAK	New	OAKTREE CAP GROUP LLCunit cl a	$265,000	–	5,350	–	0.06%	–
DOW	New	DOW INC	$258,000	–	5,241	–	0.06%	–
NOC	New	NORTHROP GRUMMAN CORP	$258,000	–	800	–	0.06%	–
CLNY	New	COLONY CAP INC NEW	$250,000	–	50,000	–	0.06%	–
LMT	New	LOCKHEED MARTIN CORP	$250,000	–	689	–	0.06%	–
GE	New	GENERAL ELECTRIC CO	$244,000	–	23,198	–	0.06%	–
ENB	New	ENBRIDGE INC	$243,000	–	6,727	–	0.06%	–
FB	New	FACEBOOK INCcl a	$244,000	–	1,262	–	0.06%	–
LKQ	New	LKQ CORP	$238,000	–	8,936	–	0.05%	–
MPLX	New	MPLX LP	$235,000	–	7,299	–	0.05%	–
CG	New	CARLYLE GROUP L P	$226,000	–	10,000	–	0.05%	–
UTX	New	UNITED TECHNOLOGIES CORP	$225,000	–	1,727	–	0.05%	–
BLUE	New	BLUEBIRD BIO INC	$229,000	–	1,800	–	0.05%	–
CAT	New	CATERPILLAR INC DEL	$222,000	–	1,627	–	0.05%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$213,000	–	2,436	–	0.05%	–
CHD	New	CHURCH & DWIGHT INC	$213,000	–	2,922	–	0.05%	–
AL	New	AIR LEASE CORPcl a	$207,000	–	5,000	–	0.05%	–
CI	New	CIGNA CORP NEW	$206,000	–	1,306	–	0.05%	–
SYK	New	STRYKER CORP	$200,000	–	975	–	0.04%	–
EVH	New	EVOLENT HEALTH INCcl a	$132,000	–	16,647	–	0.03%	–
NBR	New	NABORS INDUSTRIES LTD	$116,000	–	40,000	–	0.03%	–
	New	NABRIVA THERAPEUTICS PLC	$24,000	–	10,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-2,761	–	-0.06%	–
RTN	Exit	RAYTHEON CO	$0	–	-1,013	–	-0.06%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-617	–	-0.06%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-1,530	–	-0.07%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-6,660	–	-0.07%	–
FDX	Exit	FEDEX CORP	$0	–	-990	–	-0.07%	–
CI	Exit	CIGNA CORPORATION	$0	–	-1,146	–	-0.07%	–
NBR	Exit	NABORS INDUSTRIES LTD	$0	–	-40,000	–	-0.08%	–
OTTR	Exit	OTTER TAIL CORP	$0	–	-5,187	–	-0.08%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-3,153	–	-0.08%	–
CERN	Exit	CERNER CORP	$0	–	-3,902	–	-0.08%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-1,778	–	-0.08%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-800	–	-0.08%	–
BECN	Exit	BEACON ROOFING SUPPLY INC	$0	–	-7,133	–	-0.08%	–
BLUE	Exit	BLUEBIRD BIO INC	$0	–	-1,800	–	-0.08%	–
CELG	Exit	CELGENE CORP	$0	–	-2,961	–	-0.08%	–
PAYC	Exit	PAYCOM SOFTWARE INC	$0	–	-1,715	–	-0.08%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,831	–	-0.09%	–
ORCL	Exit	ORACLE CORP	$0	–	-5,688	–	-0.09%	–
PEP	Exit	PEPSICO INC	$0	–	-2,651	–	-0.09%	–
LKQ	Exit	LKQ CORP	$0	–	-9,506	–	-0.09%	–
MRK	Exit	MERCK & CO INC	$0	–	-4,412	–	-0.10%	–
SPHQ	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$0	–	-9,758	–	-0.10%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-28,697	–	-0.10%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-3,354	–	-0.10%	–
REM	Exit	ISHARES TRmortge rel etf	$0	–	-7,643	–	-0.10%	–
MD	Exit	MEDNAX INC	$0	–	-7,279	–	-0.10%	–
NEOG	Exit	NEOGEN CORP	$0	–	-4,857	–	-0.11%	–
AOS	Exit	SMITH A O	$0	–	-6,578	–	-0.11%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-4,116	–	-0.11%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-7,594	–	-0.11%	–
EVH	Exit	EVOLENT HEALTH INCcl a	$0	–	-12,827	–	-0.11%	–
PX	Exit	PRAXAIR INC	$0	–	-2,269	–	-0.11%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,325	–	-0.12%	–
MS	Exit	MORGAN STANLEY	$0	–	-8,045	–	-0.12%	–
IFF	Exit	INTERNATIONAL FLAVORS&FRAGRA	$0	–	-2,718	–	-0.12%	–
PRAA	Exit	PRA GROUP INC	$0	–	-10,800	–	-0.12%	–
HES	Exit	HESS CORP	$0	–	-5,555	–	-0.12%	–
C	Exit	CITIGROUP INC	$0	–	-5,606	–	-0.12%	–
CALX	Exit	CALIX INC	$0	–	-50,750	–	-0.13%	–
GNTX	Exit	GENTEX CORP	$0	–	-19,565	–	-0.13%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,606	–	-0.13%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-5,209	–	-0.14%	–
AYI	Exit	ACUITY BRANDS INC	$0	–	-2,891	–	-0.14%	–
LOW	Exit	LOWES COS INC	$0	–	-3,957	–	-0.14%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,397	–	-0.14%	–
HBI	Exit	HANESBRANDS INC	$0	–	-26,501	–	-0.15%	–
IGIB	Exit	ISHARES TRintrm tr crp etf	$0	–	-9,284	–	-0.15%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-2,240	–	-0.15%	–
GLOB	Exit	GLOBANT S A	$0	–	-8,806	–	-0.16%	–
USB	Exit	US BANCORP DEL	$0	–	-9,921	–	-0.16%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-10,087	–	-0.16%	–
SNA	Exit	SNAP ON INC	$0	–	-3,048	–	-0.17%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-7,797	–	-0.18%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-6,373	–	-0.18%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-4,793	–	-0.18%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-2,423	–	-0.18%	–
BP	Exit	BP PLCsponsored adr	$0	–	-13,190	–	-0.19%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-6,600	–	-0.19%	–
HCSG	Exit	HEALTHCARE SVCS GRP INC	$0	–	-15,667	–	-0.20%	–
ATHN	Exit	ATHENAHEALTH INC	$0	–	-4,771	–	-0.20%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.20%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-5,341	–	-0.20%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-544	–	-0.20%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,204	–	-0.20%	–
V	Exit	VISA INC	$0	–	-4,449	–	-0.20%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-6,216	–	-0.21%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-573	–	-0.21%	–
ANSS	Exit	ANSYS INC	$0	–	-3,678	–	-0.21%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-13,001	–	-0.22%	–
ALL	Exit	ALLSTATE CORP	$0	–	-7,286	–	-0.22%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-2,315	–	-0.23%	–
SPHD	Exit	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$0	–	-18,115	–	-0.23%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-15,982	–	-0.24%	–
ABBV	Exit	ABBVIE INC	$0	–	-8,254	–	-0.24%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-7,064	–	-0.24%	–
FAST	Exit	FASTENAL CO	$0	–	-14,146	–	-0.25%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-7,010	–	-0.26%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-23,673	–	-0.26%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-10,970	–	-0.27%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-3,362	–	-0.28%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-16,448	–	-0.29%	–
AFL	Exit	AFLAC INC	$0	–	-19,900	–	-0.29%	–
ROL	Exit	ROLLINS INC	$0	–	-15,547	–	-0.29%	–
ULTI	Exit	ULTIMATE SOFTWARE GROUP INC	$0	–	-2,937	–	-0.29%	–
HEI	Exit	HEICO CORP NEW	$0	–	-10,316	–	-0.29%	–
ECL	Exit	ECOLAB INC	$0	–	-6,187	–	-0.30%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-6,693	–	-0.31%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-15,760	–	-0.31%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-9,063	–	-0.31%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-16,603	–	-0.32%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-8,041	–	-0.32%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-2,507	–	-0.32%	–
TCP	Exit	TC PIPELINES LP	$0	–	-34,863	–	-0.32%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-73,174	–	-0.33%	–
FISV	Exit	FISERV INC	$0	–	-13,343	–	-0.34%	–
LUMN	Exit	CENTURYLINK INC	$0	–	-53,373	–	-0.35%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-7,522	–	-0.37%	–
LB	Exit	L BRANDS INC	$0	–	-41,260	–	-0.38%	–
AAPL	Exit	APPLE INC	$0	–	-5,938	–	-0.41%	–
PRLB	Exit	PROTO LABS INC	$0	–	-8,734	–	-0.43%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-15,990	–	-0.44%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.46%	–
SDIV	Exit	GLOBAL X FDSglb x superdiv	$0	–	-75,659	–	-0.48%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-42,977	–	-0.53%	–
MMM	Exit	3M CO	$0	–	-8,689	–	-0.56%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-16,157	–	-0.56%	–
NVDA	Exit	NVIDIA CORP	$0	–	-6,572	–	-0.57%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-42,675	–	-0.58%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-30,400	–	-0.58%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-106,672	–	-0.59%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-18,712	–	-0.59%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-16,322	–	-0.60%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-191,460	–	-0.60%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-107,699	–	-0.62%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-134,829	–	-0.62%	–
AMZN	Exit	AMAZON COM INC	$0	–	-1,041	–	-0.64%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-39,335	–	-0.64%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-98,797	–	-0.65%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-28,932	–	-0.68%	–
F	Exit	FORD MTR CO DEL	$0	–	-240,099	–	-0.68%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-35,611	–	-0.78%	–
KO	Exit	COCA COLA CO	$0	–	-55,200	–	-0.78%	–
PPL	Exit	PPL CORP	$0	–	-88,368	–	-0.80%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.81%	–
SO	Exit	SOUTHERN CO	$0	–	-60,713	–	-0.81%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-57,492	–	-0.84%	–
INTC	Exit	INTEL CORP	$0	–	-58,514	–	-0.85%	–
T	Exit	AT&T INC	$0	–	-84,676	–	-0.87%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-36,169	–	-0.89%	–
WELL	Exit	WELLTOWER INC	$0	–	-47,768	–	-0.94%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-26,384	–	-0.95%	–
EXC	Exit	EXELON CORP	$0	–	-74,921	–	-1.00%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-39,627	–	-1.01%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-41,653	–	-1.09%	–
GIS	Exit	GENERAL MLS INC	$0	–	-83,845	–	-1.11%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-369,531	–	-1.21%	–
PFE	Exit	PFIZER INC	$0	–	-92,333	–	-1.25%	–
CSCO	Exit	CISCO SYS INC	$0	–	-90,202	–	-1.35%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-58,300	–	-1.50%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-32,801	–	-1.52%	–
MCD	Exit	MCDONALDS CORP	$0	–	-29,938	–	-1.54%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-44,886	–	-1.58%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-180,493	–	-9.52%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-775,436	–	-15.27%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-243,355	–	-21.74%	–

Q3 2018

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$70,748,000	+4.2%	243,355	-2.8%	21.74%	+3.6%
IEFA	Buy	ISHARES TRcore msci eafe	$49,690,000	+6.7%	775,436	+5.6%	15.27%	+6.1%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$30,982,000	-4.5%	180,493	-4.5%	9.52%	-5.0%
MSFT	Sell	MICROSOFT CORP	$5,134,000	+14.6%	44,886	-1.2%	1.58%	+13.9%
MCD	Sell	MCDONALDS CORP	$5,008,000	+4.4%	29,938	-2.2%	1.54%	+3.8%
IBM	Sell	INTERNATIONAL BUSINESS MACHS	$4,960,000	+4.2%	32,801	-3.7%	1.52%	+3.6%
VCIT	Sell	VANGUARD SCOTTSDALE FDSint-term corp	$4,870,000	-0.0%	58,300	-0.0%	1.50%	-0.6%
CSCO	Sell	CISCO SYS INC	$4,388,000	+9.5%	90,202	-3.1%	1.35%	+9.0%
PFE	Sell	PFIZER INC	$4,069,000	+14.3%	92,333	-5.9%	1.25%	+13.6%
AMLP	Sell	ALPS ETF TRalerian mlp	$3,947,000	-5.3%	369,531	-10.4%	1.21%	-5.8%
GIS	Buy	GENERAL MLS INC	$3,599,000	+57.6%	83,845	+62.5%	1.11%	+56.7%
XOM	Sell	EXXON MOBIL CORP	$3,541,000	-1.2%	41,653	-3.9%	1.09%	-1.8%
PG	Sell	PROCTER AND GAMBLE CO	$3,298,000	+1.4%	39,627	-4.9%	1.01%	+0.8%
EXC	Sell	EXELON CORP	$3,271,000	-3.3%	74,921	-5.6%	1.00%	-3.9%
UPS	Sell	UNITED PARCEL SERVICE INCcl b	$3,080,000	+7.5%	26,384	-2.1%	0.95%	+7.0%
WELL	Sell	WELLTOWER INC	$3,072,000	-2.9%	47,768	-5.4%	0.94%	-3.5%
DUK	Sell	DUKE ENERGY CORP NEW	$2,894,000	-3.9%	36,169	-5.0%	0.89%	-4.5%
T	Sell	AT&T INC	$2,843,000	+2.4%	84,676	-2.1%	0.87%	+1.9%
INTC	Sell	INTEL CORP	$2,767,000	-18.1%	58,514	-13.9%	0.85%	-18.6%
STX	Sell	SEAGATE TECHNOLOGY PLC	$2,722,000	-18.7%	57,492	-3.0%	0.84%	-19.1%
SO	Sell	SOUTHERN CO	$2,647,000	-9.9%	60,713	-4.3%	0.81%	-10.4%
PPL	Sell	PPL CORP	$2,586,000	-2.6%	88,368	-5.0%	0.80%	-3.2%
KO	Buy	COCA COLA CO	$2,550,000	+1075.1%	55,200	+1013.6%	0.78%	+1070.1%
RDSB	Sell	ROYAL DUTCH SHELL PLCspon adr b	$2,526,000	-5.4%	35,611	-3.1%	0.78%	-6.1%
F	Sell	FORD MTR CO DEL	$2,221,000	-17.3%	240,099	-1.0%	0.68%	-17.7%
EMR	Sell	EMERSON ELEC CO	$2,216,000	+5.8%	28,932	-4.5%	0.68%	+5.3%
STWD	Sell	STARWOOD PPTY TR INC	$2,126,000	-5.3%	98,797	-4.4%	0.65%	-5.9%
VZ	Sell	VERIZON COMMUNICATIONS INC	$2,100,000	+0.5%	39,335	-5.3%	0.64%	-0.2%
AMZN	Buy	AMAZON COM INC	$2,085,000	+26.8%	1,041	+7.7%	0.64%	+26.2%
TWO	Sell	TWO HBRS INVT CORP	$2,013,000	-9.2%	134,829	-3.9%	0.62%	-9.6%
AGNC	Sell	AGNC INVT CORP	$2,006,000	-3.5%	107,699	-3.7%	0.62%	-3.9%
NLY	Sell	ANNALY CAP MGMT INC	$1,959,000	-4.2%	191,460	-3.6%	0.60%	-4.7%
IEI	Buy	ISHARES TR3 7 yr treas bd	$1,943,000	-0.7%	16,322	+0.1%	0.60%	-1.3%
LYB	Sell	LYONDELLBASELL INDUSTRIES N	$1,918,000	-10.0%	18,712	-3.6%	0.59%	-10.6%
MFC	Buy	MANULIFE FINL CORP	$1,907,000	+4.1%	106,672	+4.6%	0.59%	+3.5%
HSBC	Buy	HSBC HLDGS PLCspon adr new	$1,877,000	-1.2%	42,675	+5.9%	0.58%	-1.7%
VLO	Sell	VALERO ENERGY CORP NEW	$1,838,000	-1.6%	16,157	-4.1%	0.56%	-2.1%
MMM	Sell	3M CO	$1,831,000	-32.3%	8,689	-36.8%	0.56%	-32.7%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$1,726,000	-4.4%	42,977	-4.0%	0.53%	-5.0%
SDIV	Sell	GLOBAL X FDSglb x superdiv	$1,544,000	-5.5%	75,659	-2.9%	0.48%	-5.9%
WM	Sell	WASTE MGMT INC DEL	$1,445,000	-43.0%	15,990	-48.7%	0.44%	-43.4%
PRLB	Buy	PROTO LABS INC	$1,413,000	+48.7%	8,734	+9.4%	0.43%	+47.6%
AAPL	Sell	APPLE INC	$1,340,000	+21.7%	5,938	-0.2%	0.41%	+21.2%
LB	Buy	L BRANDS INC	$1,250,000	-17.6%	41,260	+0.3%	0.38%	-18.1%
CRM	Buy	SALESFORCE COM INC	$1,196,000	+26.3%	7,522	+8.3%	0.37%	+25.6%
LUMN	Sell	CENTURYLINK INC	$1,132,000	+7.6%	53,373	-5.4%	0.35%	+7.1%
FISV	Buy	FISERV INC	$1,099,000	+17.4%	13,343	+5.6%	0.34%	+17.0%
TCP	Sell	TC PIPELINES LP	$1,057,000	+8.7%	34,863	-6.9%	0.32%	+8.3%
CSGP	Buy	COSTAR GROUP INC	$1,055,000	+11.4%	2,507	+9.3%	0.32%	+10.6%
FIVE	Buy	FIVE BELOW INC	$1,046,000	+33.9%	8,041	+0.5%	0.32%	+33.2%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$1,031,000	-41.1%	16,603	-47.5%	0.32%	-41.4%
LOPE	Buy	GRAND CANYON ED INC	$1,022,000	+3.5%	9,063	+2.4%	0.31%	+3.0%
DWDP	Sell	DOWDUPONT INC	$1,014,000	-46.2%	15,760	-44.9%	0.31%	-46.4%
VTI	Sell	VANGUARD INDEX FDStotal stk mkt	$1,002,000	+0.2%	6,693	-6.0%	0.31%	-0.3%
ECL	Buy	ECOLAB INC	$970,000	+21.9%	6,187	+9.1%	0.30%	+21.1%
HEI	Buy	HEICO CORP NEW	$955,000	+38.4%	10,316	+9.1%	0.29%	+38.0%
ULTI	Buy	ULTIMATE SOFTWARE GROUP INC	$946,000	+36.7%	2,937	+9.2%	0.29%	+36.0%
ROL	Buy	ROLLINS INC	$944,000	+26.4%	15,547	+9.4%	0.29%	+25.5%
AFL	Sell	AFLAC INC	$937,000	-44.4%	19,900	-49.2%	0.29%	-44.7%
SBUX	Buy	STARBUCKS CORP	$935,000	+24.3%	16,448	+6.8%	0.29%	+23.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$894,000	+17.2%	3,362	+8.2%	0.28%	+16.5%
RBA	Buy	RITCHIE BROS AUCTIONEERS	$855,000	+15.7%	23,673	+9.4%	0.26%	+15.4%
VRSK	Buy	VERISK ANALYTICS INC	$845,000	+22.3%	7,010	+9.2%	0.26%	+21.5%
FAST	Buy	FASTENAL CO	$821,000	+31.8%	14,146	+9.3%	0.25%	+30.6%
JPM	Sell	JPMORGAN CHASE & CO	$797,000	+8.3%	7,064	-0.0%	0.24%	+7.5%
ABBV	Sell	ABBVIE INC	$781,000	-39.6%	8,254	-40.8%	0.24%	-39.8%
NATI	Buy	NATIONAL INSTRS CORP	$772,000	+25.5%	15,982	+9.2%	0.24%	+24.7%
SPHD	Sell	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$750,000	-3.4%	18,115	-4.2%	0.23%	-3.8%
CHE	Buy	CHEMED CORP NEW	$740,000	+3.9%	2,315	+4.6%	0.23%	+3.2%
INFO	Buy	IHS MARKIT LTD	$702,000	+14.3%	13,001	+9.2%	0.22%	+13.7%
ANSS	Buy	ANSYS INC	$687,000	+16.8%	3,678	+9.0%	0.21%	+15.9%
GOOG	Buy	ALPHABET INCcap stk cl c	$684,000	+12.3%	573	+4.9%	0.21%	+11.7%
VEEV	Buy	VEEVA SYS INC	$677,000	+54.6%	6,216	+9.0%	0.21%	+54.1%
V	Buy	VISA INC	$668,000	+22.3%	4,449	+8.0%	0.20%	+21.3%
HD	Sell	HOME DEPOT INC	$664,000	+2.8%	3,204	-3.3%	0.20%	+2.0%
GOOGL	Buy	ALPHABET INCcap stk cl a	$657,000	+12.1%	544	+4.8%	0.20%	+11.6%
CVX	Sell	CHEVRON CORP NEW	$653,000	-3.7%	5,341	-0.4%	0.20%	-4.3%
ATHN	Buy	ATHENAHEALTH INC	$637,000	-9.5%	4,771	+7.9%	0.20%	-10.1%
HCSG	Buy	HEALTHCARE SVCS GRP INC	$636,000	+6.5%	15,667	+13.4%	0.20%	+5.4%
TYL	Buy	TYLER TECHNOLOGIES INC	$594,000	+32.9%	2,423	+20.5%	0.18%	+32.6%
WST	Buy	WEST PHARMACEUTICAL SVSC INC	$592,000	+46.9%	4,793	+18.1%	0.18%	+45.6%
ADI	Buy	ANALOG DEVICES INC	$589,000	+1.6%	6,373	+5.4%	0.18%	+1.1%
WBA	Buy	WALGREENS BOOTS ALLIANCE INC	$568,000	+30.6%	7,797	+7.6%	0.18%	+30.6%
SNA	Buy	SNAP ON INC	$560,000	+21.2%	3,048	+6.1%	0.17%	+20.3%
WFC	Sell	WELLS FARGO CO NEW	$530,000	-10.2%	10,087	-5.2%	0.16%	-10.4%
USB	Sell	US BANCORP DEL	$524,000	+5.0%	9,921	-0.7%	0.16%	+4.5%
GLOB	Buy	GLOBANT S A	$519,000	+13.6%	8,806	+9.3%	0.16%	+13.5%
IGIB	Buy	ISHARES TRintrm tr crp etf	$493,000	+7.9%	9,284	+115.7%	0.15%	+7.8%
JNJ	Sell	JOHNSON & JOHNSON	$469,000	+10.6%	3,397	-2.8%	0.14%	+9.9%
AYI	Buy	ACUITY BRANDS INC	$454,000	+46.0%	2,891	+7.8%	0.14%	+45.8%
NEE	Sell	NEXTERA ENERGY INC	$437,000	-2.9%	2,606	-3.2%	0.13%	-3.6%
GNTX	Buy	GENTEX CORP	$420,000	+0.5%	19,565	+7.7%	0.13%	0.0%
C	Sell	CITIGROUP INC	$402,000	+7.2%	5,606	-0.0%	0.12%	+6.9%
PRAA	Buy	PRA GROUP INC	$389,000	+0.8%	10,800	+7.8%	0.12%	+0.8%
IFF	Buy	INTERNATIONAL FLAVORS&FRAGRA	$378,000	+22.7%	2,718	+9.4%	0.12%	+22.1%
PSX	Sell	PHILLIPS 66	$375,000	-1.6%	3,325	-2.1%	0.12%	-2.5%
EVH	Buy	EVOLENT HEALTH INCcl a	$364,000	+67.7%	12,827	+24.3%	0.11%	+67.2%
PX	Buy	PRAXAIR INC	$365,000	+9.6%	2,269	+7.9%	0.11%	+8.7%
HSIC	Buy	SCHEIN HENRY INC	$350,000	+25.9%	4,116	+7.7%	0.11%	+25.6%
AOS	Buy	SMITH A O	$351,000	-2.5%	6,578	+8.0%	0.11%	-2.7%
NEOG	Buy	NEOGEN CORP	$347,000	-2.5%	4,857	+9.3%	0.11%	-2.7%
MD	Buy	MEDNAX INC	$340,000	+16.0%	7,279	+7.7%	0.10%	+14.3%
REM	Sell	ISHARES TRmortge rel etf	$333,000	-19.6%	7,643	-19.8%	0.10%	-20.3%
MDT	Sell	MEDTRONIC PLC	$330,000	+14.6%	3,354	-0.3%	0.10%	+13.5%
GE	Sell	GENERAL ELECTRIC CO	$324,000	-67.3%	28,697	-60.5%	0.10%	-67.3%
MRK	Sell	MERCK & CO INC	$313,000	+16.8%	4,412	-0.0%	0.10%	+15.7%
LKQ	Buy	LKQ CORP	$301,000	+6.7%	9,506	+7.7%	0.09%	+6.9%
ORCL	Sell	ORACLE CORP	$293,000	+16.7%	5,688	-0.0%	0.09%	+15.4%
ABT	Sell	ABBOTT LABS	$281,000	-69.8%	3,831	-74.8%	0.09%	-70.0%
PAYC	New	PAYCOM SOFTWARE INC	$267,000	–	1,715	–	0.08%	–
BLUE	New	BLUEBIRD BIO INC	$263,000	–	1,800	–	0.08%	–
BECN	Buy	BEACON ROOFING SUPPLY INC	$258,000	-8.8%	7,133	+7.3%	0.08%	-9.2%
CERN	Sell	CERNER CORP	$251,000	-4.6%	3,902	-11.4%	0.08%	-4.9%
CVS	Sell	CVS HEALTH CORP	$248,000	+21.6%	3,153	-0.8%	0.08%	+20.6%
NBR	New	NABORS INDUSTRIES LTD	$246,000	–	40,000	–	0.08%	–
CI	Sell	CIGNA CORPORATION	$239,000	+11.7%	1,146	-9.2%	0.07%	+10.6%
FDX	Buy	FEDEX CORP	$238,000	+7.2%	990	+1.1%	0.07%	+5.8%
CMCSA	Buy	COMCAST CORP NEWcl a	$236,000	+8.8%	6,660	+0.9%	0.07%	+9.0%
LMT	New	LOCKHEED MARTIN CORP	$213,000	–	617	–	0.06%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$208,000	–	2,761	–	0.06%	–
RTN	New	RAYTHEON CO	$209,000	–	1,013	–	0.06%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-2,851	–	-0.07%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-9,375	–	-0.08%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,912	–	-0.12%	–
BCE	Exit	BCE INC	$0	–	-39,370	–	-0.49%	–
TGT	Exit	TARGET CORP	$0	–	-47,829	–	-1.13%	–

Q2 2018

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$67,891,000	–	250,261	–	20.99%	–
IEFA	New	ISHARES TRcore msci eafe	$46,553,000	–	734,615	–	14.39%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$32,430,000	–	188,930	–	10.03%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$4,871,000	–	58,326	–	1.51%	–
MCD	New	MCDONALDS CORP	$4,798,000	–	30,623	–	1.48%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$4,758,000	–	34,058	–	1.47%	–
MSFT	New	MICROSOFT CORP	$4,479,000	–	45,426	–	1.38%	–
AMLP	New	ALPS ETF TRalerian mlp	$4,166,000	–	412,426	–	1.29%	–
CSCO	New	CISCO SYS INC	$4,006,000	–	93,103	–	1.24%	–
TGT	New	TARGET CORP	$3,641,000	–	47,829	–	1.13%	–
XOM	New	EXXON MOBIL CORP	$3,585,000	–	43,335	–	1.11%	–
PFE	New	PFIZER INC	$3,561,000	–	98,143	–	1.10%	–
EXC	New	EXELON CORP	$3,382,000	–	79,393	–	1.05%	–
INTC	New	INTEL CORP	$3,378,000	–	67,964	–	1.04%	–
STX	New	SEAGATE TECHNOLOGY PLC	$3,348,000	–	59,294	–	1.04%	–
PG	New	PROCTER AND GAMBLE CO	$3,254,000	–	41,683	–	1.01%	–
WELL	New	WELLTOWER INC	$3,165,000	–	50,483	–	0.98%	–
EXR	New	EXTRA SPACE STORAGE INC	$3,032,000	–	30,382	–	0.94%	–
DUK	New	DUKE ENERGY CORP NEW	$3,010,000	–	38,061	–	0.93%	–
SO	New	SOUTHERN CO	$2,938,000	–	63,432	–	0.91%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$2,864,000	–	26,961	–	0.88%	–
T	New	AT&T INC	$2,776,000	–	86,460	–	0.86%	–
MMM	New	3M CO	$2,705,000	–	13,748	–	0.84%	–
F	New	FORD MTR CO DEL	$2,686,000	–	242,605	–	0.83%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$2,671,000	–	36,767	–	0.83%	–
PPL	New	PPL CORP	$2,655,000	–	92,989	–	0.82%	–
WM	New	WASTE MGMT INC DEL	$2,537,000	–	31,190	–	0.78%	–
GIS	New	GENERAL MLS INC	$2,284,000	–	51,607	–	0.71%	–
STWD	New	STARWOOD PPTY TR INC	$2,245,000	–	103,397	–	0.69%	–
TWO	New	TWO HBRS INVT CORP	$2,216,000	–	140,256	–	0.68%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$2,132,000	–	19,410	–	0.66%	–
EMR	New	EMERSON ELEC CO	$2,094,000	–	30,293	–	0.65%	–
VZ	New	VERIZON COMMUNICATIONS INC	$2,089,000	–	41,523	–	0.65%	–
AGNC	New	AGNC INVT CORP	$2,078,000	–	111,805	–	0.64%	–
NLY	New	ANNALY CAP MGMT INC	$2,044,000	–	198,631	–	0.63%	–
IEI	New	ISHARES TR3 7 yr treas bd	$1,956,000	–	16,300	–	0.60%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$1,905,000	–	30,400	–	0.59%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$1,900,000	–	40,307	–	0.59%	–
DWDP	New	DOWDUPONT INC	$1,884,000	–	28,580	–	0.58%	–
VLO	New	VALERO ENERGY CORP NEW	$1,868,000	–	16,852	–	0.58%	–
MFC	New	MANULIFE FINL CORP	$1,832,000	–	101,934	–	0.57%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,805,000	–	44,784	–	0.56%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,749,000	–	31,603	–	0.54%	–
AFL	New	AFLAC INC	$1,686,000	–	39,200	–	0.52%	–
PSA	New	PUBLIC STORAGE	$1,679,000	–	7,400	–	0.52%	–
AMZN	New	AMAZON COM INC	$1,644,000	–	967	–	0.51%	–
SDIV	New	GLOBAL X FDSglb x superdiv	$1,634,000	–	77,914	–	0.50%	–
BCE	New	BCE INC	$1,594,000	–	39,370	–	0.49%	–
NVDA	New	NVIDIA CORP	$1,557,000	–	6,572	–	0.48%	–
LB	New	L BRANDS INC	$1,517,000	–	41,142	–	0.47%	–
ABBV	New	ABBVIE INC	$1,292,000	–	13,943	–	0.40%	–
AAPL	New	APPLE INC	$1,101,000	–	5,948	–	0.34%	–
EFT	New	EATON VANCE FLTING RATE INC	$1,061,000	–	73,174	–	0.33%	–
LUMN	New	CENTURYLINK INC	$1,052,000	–	56,431	–	0.32%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$1,000,000	–	7,123	–	0.31%	–
GE	New	GENERAL ELECTRIC CO	$990,000	–	72,716	–	0.31%	–
LOPE	New	GRAND CANYON ED INC	$987,000	–	8,847	–	0.30%	–
TCP	New	TC PIPELINES LP	$972,000	–	37,449	–	0.30%	–
PRLB	New	PROTO LABS INC	$950,000	–	7,984	–	0.29%	–
CSGP	New	COSTAR GROUP INC	$947,000	–	2,294	–	0.29%	–
CRM	New	SALESFORCE COM INC	$947,000	–	6,945	–	0.29%	–
FISV	New	FISERV INC	$936,000	–	12,638	–	0.29%	–
ABT	New	ABBOTT LABS	$929,000	–	15,231	–	0.29%	–
ECL	New	ECOLAB INC	$796,000	–	5,673	–	0.25%	–
FIVE	New	FIVE BELOW INC	$781,000	–	7,998	–	0.24%	–
SPHD	New	INVESCO EXCHNG TRADED FD TRs&p500 hdl vol	$776,000	–	18,909	–	0.24%	–
UNH	New	UNITEDHEALTH GROUP INC	$763,000	–	3,108	–	0.24%	–
SBUX	New	STARBUCKS CORP	$752,000	–	15,401	–	0.23%	–
ROL	New	ROLLINS INC	$747,000	–	14,213	–	0.23%	–
JPM	New	JPMORGAN CHASE & CO	$736,000	–	7,065	–	0.23%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$739,000	–	21,645	–	0.23%	–
CHE	New	CHEMED CORP NEW	$712,000	–	2,214	–	0.22%	–
ATHN	New	ATHENAHEALTH INC	$704,000	–	4,423	–	0.22%	–
VRSK	New	VERISK ANALYTICS INC	$691,000	–	6,418	–	0.21%	–
ULTI	New	ULTIMATE SOFTWARE GROUP INC	$692,000	–	2,690	–	0.21%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$692,000	–	16,400	–	0.21%	–
HEI	New	HEICO CORP NEW	$690,000	–	9,459	–	0.21%	–
CVX	New	CHEVRON CORP NEW	$678,000	–	5,365	–	0.21%	–
ALL	New	ALLSTATE CORP	$665,000	–	7,286	–	0.21%	–
EXAS	New	EXACT SCIENCES CORP	$656,000	–	10,970	–	0.20%	–
HD	New	HOME DEPOT INC	$646,000	–	3,312	–	0.20%	–
LSI	New	LIFE STORAGE INC	$642,000	–	6,600	–	0.20%	–
FAST	New	FASTENAL CO	$623,000	–	12,941	–	0.19%	–
INFO	New	IHS MARKIT LTD	$614,000	–	11,907	–	0.19%	–
NATI	New	NATIONAL INSTRS CORP	$615,000	–	14,638	–	0.19%	–
GOOG	New	ALPHABET INCcap stk cl c	$609,000	–	546	–	0.19%	–
BP	New	BP PLCsponsored adr	$602,000	–	13,190	–	0.19%	–
HCSG	New	HEALTHCARE SVCS GRP INC	$597,000	–	13,813	–	0.18%	–
WFC	New	WELLS FARGO CO NEW	$590,000	–	10,639	–	0.18%	–
ANSS	New	ANSYS INC	$588,000	–	3,373	–	0.18%	–
GOOGL	New	ALPHABET INCcap stk cl a	$586,000	–	519	–	0.18%	–
HBI	New	HANESBRANDS INC	$584,000	–	26,501	–	0.18%	–
ADI	New	ANALOG DEVICES INC	$580,000	–	6,044	–	0.18%	–
NXPI	New	NXP SEMICONDUCTORS N V	$569,000	–	5,209	–	0.18%	–
V	New	VISA INC	$546,000	–	4,121	–	0.17%	–
USB	New	US BANCORP DEL	$499,000	–	9,986	–	0.15%	–
SNA	New	SNAP ON INC	$462,000	–	2,872	–	0.14%	–
GLOB	New	GLOBANT S A	$457,000	–	8,055	–	0.14%	–
IGIB	New	ISHARES TRintrmd cr bd etf	$457,000	–	4,304	–	0.14%	–
NEE	New	NEXTERA ENERGY INC	$450,000	–	2,693	–	0.14%	–
TYL	New	TYLER TECHNOLOGIES INC	$447,000	–	2,011	–	0.14%	–
MA	New	MASTERCARD INCORPORATEDcl a	$440,000	–	2,240	–	0.14%	–
VEEV	New	VEEVA SYS INC	$438,000	–	5,704	–	0.14%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$435,000	–	7,244	–	0.13%	–
JNJ	New	JOHNSON & JOHNSON	$424,000	–	3,494	–	0.13%	–
GNTX	New	GENTEX CORP	$418,000	–	18,158	–	0.13%	–
REM	New	ISHARES TRmortge rel etf	$414,000	–	9,531	–	0.13%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$403,000	–	4,059	–	0.12%	–
CALX	New	CALIX INC	$396,000	–	50,750	–	0.12%	–
PRAA	New	PRA GROUP INC	$386,000	–	10,020	–	0.12%	–
PSX	New	PHILLIPS 66	$381,000	–	3,395	–	0.12%	–
MS	New	MORGAN STANLEY	$381,000	–	8,045	–	0.12%	–
LOW	New	LOWES COS INC	$378,000	–	3,957	–	0.12%	–
C	New	CITIGROUP INC	$375,000	–	5,607	–	0.12%	–
FB	New	FACEBOOK INCcl a	$372,000	–	1,912	–	0.12%	–
HES	New	HESS CORP	$372,000	–	5,555	–	0.12%	–
AOS	New	SMITH A O	$360,000	–	6,088	–	0.11%	–
NEOG	New	NEOGEN CORP	$356,000	–	4,443	–	0.11%	–
XEL	New	XCEL ENERGY INC	$347,000	–	7,594	–	0.11%	–
PX	New	PRAXAIR INC	$333,000	–	2,103	–	0.10%	–
AYI	New	ACUITY BRANDS INC	$311,000	–	2,682	–	0.10%	–
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$308,000	–	2,484	–	0.10%	–
MD	New	MEDNAX INC	$293,000	–	6,759	–	0.09%	–
SPHQ	New	INVESCO EXCHANGE TRADED FD Ts&p500 quality	$293,000	–	9,758	–	0.09%	–
PEP	New	PEPSICO INC	$289,000	–	2,651	–	0.09%	–
MDT	New	MEDTRONIC PLC	$288,000	–	3,364	–	0.09%	–
LKQ	New	LKQ CORP	$282,000	–	8,830	–	0.09%	–
BECN	New	BEACON ROOFING SUPPLY INC	$283,000	–	6,648	–	0.09%	–
HSIC	New	SCHEIN HENRY INC	$278,000	–	3,822	–	0.09%	–
MRK	New	MERCK & CO INC	$268,000	–	4,413	–	0.08%	–
CERN	New	CERNER CORP	$263,000	–	4,406	–	0.08%	–
ORCL	New	ORACLE CORP	$251,000	–	5,689	–	0.08%	–
NOC	New	NORTHROP GRUMMAN CORP	$246,000	–	800	–	0.08%	–
OTTR	New	OTTER TAIL CORP	$247,000	–	5,187	–	0.08%	–
NWL	New	NEWELL BRANDS INC	$242,000	–	9,375	–	0.08%	–
CELG	New	CELGENE CORP	$235,000	–	2,961	–	0.07%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$232,000	–	2,851	–	0.07%	–
UTX	New	UNITED TECHNOLOGIES CORP	$222,000	–	1,778	–	0.07%	–
FDX	New	FEDEX CORP	$222,000	–	979	–	0.07%	–
KO	New	COCA COLA CO	$217,000	–	4,957	–	0.07%	–
CMCSA	New	COMCAST CORP NEWcl a	$217,000	–	6,599	–	0.07%	–
EVH	New	EVOLENT HEALTH INCcl a	$217,000	–	10,316	–	0.07%	–
CI	New	CIGNA CORPORATION	$214,000	–	1,262	–	0.07%	–
CAT	New	CATERPILLAR INC DEL	$208,000	–	1,530	–	0.06%	–
CVS	New	CVS HEALTH CORP	$204,000	–	3,177	–	0.06%	–

Q4 2017

			Value		Shares		↓ Weighting
NEOG	Exit	NEOGEN CORP	$0	–	-2,599	–	-0.06%	–
CC	Exit	CHEMOURS CO	$0	–	-4,000	–	-0.06%	–
UNFI	Exit	UNITED NAT FOODS INC	$0	–	-5,039	–	-0.06%	–
PEP	Exit	PEPSICO INC	$0	–	-1,881	–	-0.06%	–
SNA	Exit	SNAP ON INC	$0	–	-1,407	–	-0.06%	–
INOV	Exit	INOVALON HLDGS INC	$0	–	-12,457	–	-0.06%	–
PRAA	Exit	PRA GROUP INC	$0	–	-7,804	–	-0.06%	–
HSIC	Exit	SCHEIN HENRY INC	$0	–	-2,738	–	-0.06%	–
MD	Exit	MEDNAX INC	$0	–	-5,270	–	-0.07%	–
PX	Exit	PRAXAIR INC	$0	–	-1,622	–	-0.07%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-2,823	–	-0.07%	–
GLOB	Exit	GLOBANT S A	$0	–	-5,967	–	-0.07%	–
CERN	Exit	CERNER CORP	$0	–	-3,406	–	-0.07%	–
LKQ	Exit	LKQ CORP	$0	–	-6,885	–	-0.07%	–
VEEV	Exit	VEEVA SYS INC	$0	–	-4,458	–	-0.07%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-6,502	–	-0.07%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-3,091	–	-0.07%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,979	–	-0.07%	–
TYL	Exit	TYLER TECHNOLOGIES INC	$0	–	-1,459	–	-0.07%	–
CI	Exit	CIGNA CORPORATION	$0	–	-1,407	–	-0.08%	–
IFF	Exit	INTERNATIONAL FLAVORS&FRAGRA	$0	–	-1,929	–	-0.08%	–
ORCL	Exit	ORACLE CORP	$0	–	-5,764	–	-0.08%	–
GNTX	Exit	GENTEX CORP	$0	–	-14,176	–	-0.08%	–
SPHQ	Exit	POWERSHARES ETF TRUSTs&p 500 qlty prt	$0	–	-10,060	–	-0.08%	–
V	Exit	VISA INC	$0	–	-2,787	–	-0.08%	–
WST	Exit	WEST PHARMACEUTICAL SVSC INC	$0	–	-3,139	–	-0.09%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,317	–	-0.09%	–
LOW	Exit	LOWES COS INC	$0	–	-3,834	–	-0.09%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-4,012	–	-0.09%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-2,231	–	-0.09%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-2,816	–	-0.09%	–
ANSS	Exit	ANSYS INC	$0	–	-2,631	–	-0.09%	–
C	Exit	CITIGROUP INC	$0	–	-4,496	–	-0.10%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-10,667	–	-0.10%	–
FIVE	Exit	FIVE BELOW INC	$0	–	-6,230	–	-0.10%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-7,594	–	-0.10%	–
AYI	Exit	ACUITY BRANDS INC	$0	–	-2,082	–	-0.10%	–
MS	Exit	MORGAN STANLEY	$0	–	-7,424	–	-0.10%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-1,776	–	-0.10%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,882	–	-0.11%	–
BECN	Exit	BEACON ROOFING SUPPLY INC	$0	–	-7,752	–	-0.12%	–
ULTI	Exit	ULTIMATE SOFTWARE GROUP INC	$0	–	-2,117	–	-0.12%	–
HCSG	Exit	HEALTHCARE SVCS GRP INC	$0	–	-7,497	–	-0.12%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,801	–	-0.12%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-9,297	–	-0.12%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-4,990	–	-0.12%	–
ATHN	Exit	ATHENAHEALTH INC	$0	–	-3,434	–	-0.12%	–
HEI	Exit	HEICO CORP NEW	$0	–	-4,750	–	-0.12%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-4,618	–	-0.12%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-2,211	–	-0.13%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-5,638	–	-0.13%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-455	–	-0.13%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-474	–	-0.13%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-5,287	–	-0.13%	–
FAST	Exit	FASTENAL CO	$0	–	-10,065	–	-0.13%	–
REM	Exit	ISHARES TRmtg rel etf new	$0	–	-9,916	–	-0.14%	–
USB	Exit	US BANCORP DEL	$0	–	-8,839	–	-0.14%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-11,515	–	-0.14%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-1,815	–	-0.14%	–
PRLB	Exit	PROTO LABS INC	$0	–	-6,187	–	-0.14%	–
ROL	Exit	ROLLINS INC	$0	–	-11,037	–	-0.15%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,114	–	-0.15%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,508	–	-0.15%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-6,600	–	-0.16%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-5,726	–	-0.16%	–
ECL	Exit	ECOLAB INC	$0	–	-4,456	–	-0.17%	–
AMZN	Exit	AMAZON COM INC	$0	–	-614	–	-0.17%	–
WFC	Exit	WELLS FARGO CO NEW	$0	–	-10,993	–	-0.18%	–
FISV	Exit	FISERV INC	$0	–	-4,982	–	-0.19%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-7,261	–	-0.19%	–
ALL	Exit	ALLSTATE CORP	$0	–	-7,191	–	-0.19%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-12,844	–	-0.20%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.22%	–
ABT	Exit	ABBOTT LABS	$0	–	-15,034	–	-0.23%	–
AAPL	Exit	APPLE INC	$0	–	-5,429	–	-0.24%	–
LUMN	Exit	CENTURYLINK INC	$0	–	-55,987	–	-0.31%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-73,174	–	-0.31%	–
ABBV	Exit	ABBVIE INC	$0	–	-13,922	–	-0.36%	–
NVDA	Exit	NVIDIA CORP	$0	–	-7,649	–	-0.40%	–
AFL	Exit	AFLAC INC	$0	–	-19,300	–	-0.46%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.46%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,773	–	-0.48%	–
LB	Exit	L BRANDS INC	$0	–	-43,660	–	-0.53%	–
BCE	Exit	BCE INC	$0	–	-39,300	–	-0.54%	–
AGU	Exit	AGRIUM INC	$0	–	-17,836	–	-0.56%	–
VLO	Exit	VALERO ENERGY CORP NEW	$0	–	-25,432	–	-0.57%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-28,296	–	-0.57%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSint-term gov	$0	–	-30,400	–	-0.57%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-30,982	–	-0.58%	–
GIS	Exit	GENERAL MLS INC	$0	–	-38,254	–	-0.58%	–
BA	Exit	BOEING CO	$0	–	-7,836	–	-0.58%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-16,300	–	-0.59%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-51,937	–	-0.61%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-116,268	–	-0.69%	–
PBI	Exit	PITNEY BOWES INC	$0	–	-170,954	–	-0.70%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-30,655	–	-0.70%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.71%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-39,371	–	-0.72%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-50,814	–	-0.73%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-51,086	–	-0.74%	–
INTC	Exit	INTEL CORP	$0	–	-66,419	–	-0.74%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-122,882	–	-0.78%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-27,471	–	-0.79%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-224,641	–	-0.80%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-82,787	–	-0.80%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-274,173	–	-0.80%	–
AGNC	Exit	AGNC INVT CORP	$0	–	-127,873	–	-0.81%	–
MMM	Exit	3M CO	$0	–	-13,209	–	-0.81%	–
RDSB	Exit	ROYAL DUTCH SHELL PLCspon adr b	$0	–	-50,036	–	-0.91%	–
SO	Exit	SOUTHERN CO	$0	–	-72,430	–	-1.04%	–
F	Exit	FORD MTR CO DEL	$0	–	-298,537	–	-1.04%	–
PPL	Exit	PPL CORP	$0	–	-95,977	–	-1.06%	–
T	Exit	AT&T INC	$0	–	-93,240	–	-1.06%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-43,740	–	-1.07%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-109,455	–	-1.08%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-50,641	–	-1.10%	–
EXC	Exit	EXELON CORP	$0	–	-100,294	–	-1.10%	–
TGT	Exit	TARGET CORP	$0	–	-66,270	–	-1.14%	–
CSCO	Exit	CISCO SYS INC	$0	–	-121,781	–	-1.19%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-49,997	–	-1.19%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-46,193	–	-1.22%	–
PFE	Exit	PFIZER INC	$0	–	-122,334	–	-1.27%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-439,915	–	-1.44%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-58,300	–	-1.49%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-216,533	–	-1.52%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-36,753	–	-1.55%	–
MCD	Exit	MCDONALDS CORP	$0	–	-34,540	–	-1.58%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-248,694	–	-3.82%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-186,765	–	-7.91%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-230,532	–	-16.86%	–
VTV	Exit	VANGUARD INDEX FDSvalue etf	$0	–	-671,298	–	-19.50%	–

Q3 2017

			Value		Shares		↓ Weighting
VTV	New	VANGUARD INDEX FDSvalue etf	$67,009,000	–	671,298	–	19.50%	–
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$57,917,000	+2.8%	230,532	-1.0%	16.86%	-15.6%
QQQ	Sell	POWERSHARES QQQ TRUSTunit ser 1	$27,165,000	+5.6%	186,765	-0.0%	7.91%	-13.3%
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$13,109,000	–	248,694	–	3.82%	–
MCD	Sell	MCDONALDS CORP	$5,412,000	+1.3%	34,540	-1.0%	1.58%	-16.8%
IBM	Buy	INTERNATIONAL BUSINESS MACHS	$5,332,000	-4.4%	36,753	+1.4%	1.55%	-21.5%
GE	Buy	GENERAL ELECTRIC CO	$5,236,000	-9.7%	216,533	+0.8%	1.52%	-25.9%
AMLP	Sell	ALPS ETF TRalerian mlp	$4,936,000	-6.9%	439,915	-0.8%	1.44%	-23.6%
PFE	Sell	PFIZER INC	$4,367,000	+5.4%	122,334	-0.8%	1.27%	-13.5%
PG	Sell	PROCTER AND GAMBLE CO	$4,203,000	+4.1%	46,193	-0.3%	1.22%	-14.6%
XOM	Sell	EXXON MOBIL CORP	$4,099,000	+1.5%	49,997	-0.0%	1.19%	-16.7%
CSCO	Buy	CISCO SYS INC	$4,095,000	+31.7%	121,781	+22.6%	1.19%	+8.1%
TGT	Buy	TARGET CORP	$3,911,000	+13.2%	66,270	+0.3%	1.14%	-7.1%
EXC	Sell	EXELON CORP	$3,778,000	+4.2%	100,294	-0.3%	1.10%	-14.5%
MSFT	Sell	MICROSOFT CORP	$3,772,000	+6.6%	50,641	-1.4%	1.10%	-12.5%
WY	Buy	WEYERHAEUSER CO	$3,725,000	+1.8%	109,455	+0.2%	1.08%	-16.4%
DUK	Buy	DUKE ENERGY CORP NEW	$3,671,000	+0.5%	43,740	+0.1%	1.07%	-17.6%
T	Buy	AT&T INC	$3,652,000	+3.9%	93,240	+0.1%	1.06%	-14.8%
PPL	Buy	PPL CORP	$3,642,000	-1.8%	95,977	+0.1%	1.06%	-19.4%
F	Buy	FORD MTR CO DEL	$3,573,000	+7.1%	298,537	+0.2%	1.04%	-12.1%
SO	Buy	SOUTHERN CO	$3,559,000	+3.4%	72,430	+0.7%	1.04%	-15.2%
RDSB	Sell	ROYAL DUTCH SHELL PLCspon adr b	$3,129,000	+14.7%	50,036	-0.1%	0.91%	-5.8%
MMM	Sell	3M CO	$2,773,000	+0.5%	13,209	-0.3%	0.81%	-17.5%
AGNC	Sell	AGNC INVT CORP	$2,772,000	+1.7%	127,873	-0.2%	0.81%	-16.5%
TWO	Buy	TWO HBRS INVT CORP	$2,764,000	+2.3%	274,173	+0.6%	0.80%	-16.1%
STX	Buy	SEAGATE TECHNOLOGY PLC	$2,746,000	-11.4%	82,787	+3.5%	0.80%	-27.3%
NLY	Sell	ANNALY CAP MGMT INC	$2,738,000	+1.1%	224,641	-0.0%	0.80%	-17.0%
LYB	Sell	LYONDELLBASELL INDUSTRIES N	$2,721,000	+16.0%	27,471	-1.2%	0.79%	-4.8%
STWD	Buy	STARWOOD PPTY TR INC	$2,669,000	-2.8%	122,882	+0.2%	0.78%	-20.2%
VZ	Buy	VERIZON COMMUNICATIONS INC	$2,528,000	+11.3%	51,086	+0.5%	0.74%	-8.6%
HSBC	Sell	HSBC HLDGS PLCspon adr new	$2,511,000	+5.2%	50,814	-1.3%	0.73%	-13.7%
EMR	Sell	EMERSON ELEC CO	$2,474,000	+4.7%	39,371	-0.7%	0.72%	-14.1%
PBI	Buy	PITNEY BOWES INC	$2,395,000	-6.0%	170,954	+1.3%	0.70%	-22.8%
MFC	New	MANULIFE FINL CORP	$2,359,000	–	116,268	–	0.69%	–
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$2,109,000	-5.0%	51,937	+0.9%	0.61%	-22.0%
BA	Sell	BOEING CO	$1,992,000	-14.3%	7,836	-33.3%	0.58%	-29.6%
GIS	Buy	GENERAL MLS INC	$1,980,000	-5.7%	38,254	+0.9%	0.58%	-22.7%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$1,975,000	+14.4%	30,982	-0.0%	0.58%	-6.0%
DWDP	New	DOWDUPONT INC	$1,959,000	–	28,296	–	0.57%	–
VLO	Sell	VALERO ENERGY CORP NEW	$1,956,000	+13.5%	25,432	-0.4%	0.57%	-6.9%
AGU	Sell	AGRIUM INC	$1,912,000	+18.0%	17,836	-0.4%	0.56%	-3.1%
LB	Buy	L BRANDS INC	$1,817,000	-21.0%	43,660	+2.3%	0.53%	-35.1%
NVDA	Sell	NVIDIA CORP	$1,367,000	+9.0%	7,649	-11.8%	0.40%	-10.6%
ABBV	Sell	ABBVIE INC	$1,237,000	+21.6%	13,922	-0.7%	0.36%	-0.3%
LUMN	Buy	CENTURYLINK INC	$1,058,000	-18.3%	55,987	+3.3%	0.31%	-32.9%
AAPL	Sell	APPLE INC	$837,000	+1.7%	5,429	-5.0%	0.24%	-16.4%
ABT	Sell	ABBOTT LABS	$802,000	+8.5%	15,034	-1.1%	0.23%	-11.1%
SBUX	Sell	STARBUCKS CORP	$690,000	-13.9%	12,844	-6.5%	0.20%	-29.2%
LOPE	Sell	GRAND CANYON ED INC	$659,000	+12.3%	7,261	-3.0%	0.19%	-7.7%
ALL	Sell	ALLSTATE CORP	$661,000	-6.4%	7,191	-9.9%	0.19%	-23.2%
FISV	Sell	FISERV INC	$642,000	+2.2%	4,982	-3.0%	0.19%	-16.1%
WFC	Sell	WELLS FARGO CO NEW	$606,000	-10.4%	10,993	-9.9%	0.18%	-26.7%
AMZN	Sell	AMAZON COM INC	$590,000	-3.9%	614	-3.2%	0.17%	-21.1%
ECL	Sell	ECOLAB INC	$573,000	-6.8%	4,456	-3.8%	0.17%	-23.4%
JPM	Sell	JPMORGAN CHASE & CO	$547,000	+0.4%	5,726	-4.1%	0.16%	-17.6%
CVX	Buy	CHEVRON CORP NEW	$530,000	+13.0%	4,508	+0.2%	0.15%	-7.2%
ROL	Sell	ROLLINS INC	$509,000	+9.9%	11,037	-2.9%	0.15%	-9.8%
HD	Sell	HOME DEPOT INC	$509,000	+1.2%	3,114	-5.0%	0.15%	-16.9%
PRLB	Sell	PROTO LABS INC	$497,000	+16.1%	6,187	-2.8%	0.14%	-4.6%
CSGP	Sell	COSTAR GROUP INC	$487,000	-1.0%	1,815	-2.8%	0.14%	-18.4%
NATI	Sell	NATIONAL INSTRS CORP	$486,000	-34.8%	11,515	-37.8%	0.14%	-46.6%
USB	Sell	US BANCORP DEL	$474,000	-3.7%	8,839	-6.7%	0.14%	-20.7%
REM	Buy	ISHARES TRmtg rel etf new	$464,000	+49.2%	9,916	+47.9%	0.14%	+22.7%
FAST	Sell	FASTENAL CO	$459,000	+1.8%	10,065	-2.9%	0.13%	-16.2%
ADI	Sell	ANALOG DEVICES INC	$456,000	+8.1%	5,287	-2.6%	0.13%	-11.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$455,000	-1.7%	474	-7.1%	0.13%	-19.5%
GOOGL	Sell	ALPHABET INCcap stk cl a	$443,000	-2.4%	455	-6.8%	0.13%	-19.9%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$435,000	-4.2%	5,638	-2.7%	0.13%	-21.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$433,000	0.0%	2,211	-5.4%	0.13%	-18.2%
CRM	Sell	SALESFORCE COM INC	$431,000	+4.6%	4,618	-2.9%	0.12%	-14.4%
HEI	Sell	HEICO CORP NEW	$427,000	+21.3%	4,750	-3.1%	0.12%	-0.8%
ATHN	Sell	ATHENAHEALTH INC	$427,000	-14.3%	3,434	-3.0%	0.12%	-29.9%
VRSK	Sell	VERISK ANALYTICS INC	$415,000	-3.5%	4,990	-2.2%	0.12%	-20.4%
INFO	Sell	IHS MARKIT LTD	$410,000	-2.8%	9,297	-2.9%	0.12%	-20.7%
NEE	Sell	NEXTERA ENERGY INC	$410,000	+1.5%	2,801	-2.8%	0.12%	-16.8%
HCSG	Sell	HEALTHCARE SVCS GRP INC	$405,000	+11.9%	7,497	-2.9%	0.12%	-7.8%
ULTI	Sell	ULTIMATE SOFTWARE GROUP INC	$401,000	-12.3%	2,117	-2.7%	0.12%	-27.8%
BECN	Sell	BEACON ROOFING SUPPLY INC	$397,000	+1.5%	7,752	-3.0%	0.12%	-16.5%
JNJ	Buy	JOHNSON & JOHNSON	$375,000	-1.3%	2,882	+0.4%	0.11%	-19.3%
AYI	Sell	ACUITY BRANDS INC	$357,000	-19.8%	2,082	-4.8%	0.10%	-34.2%
MS	Sell	MORGAN STANLEY	$358,000	0.0%	7,424	-7.5%	0.10%	-18.1%
CHE	Sell	CHEMED CORP NEW	$359,000	-30.3%	1,776	-29.4%	0.10%	-43.2%
FIVE	Sell	FIVE BELOW INC	$342,000	+8.2%	6,230	-2.8%	0.10%	-10.7%
RBA	Sell	RITCHIE BROS AUCTIONEERS	$337,000	+7.0%	10,667	-2.8%	0.10%	-12.5%
ANSS	Sell	ANSYS INC	$323,000	-2.1%	2,631	-3.1%	0.09%	-19.7%
NXPI	Sell	NXP SEMICONDUCTORS N V	$318,000	-52.3%	2,816	-53.7%	0.09%	-60.6%
MA	Sell	MASTERCARD INCORPORATEDcl a	$315,000	+5.7%	2,231	-9.2%	0.09%	-13.2%
MDT	Sell	MEDTRONIC PLC	$312,000	-18.5%	4,012	-7.0%	0.09%	-33.1%
LOW	Sell	LOWES COS INC	$306,000	-11.8%	3,834	-14.2%	0.09%	-27.6%
PSX	Sell	PHILLIPS 66	$304,000	+5.2%	3,317	-5.1%	0.09%	-13.7%
WST	Sell	WEST PHARMACEUTICAL SVSC INC	$302,000	+0.7%	3,139	-1.2%	0.09%	-17.0%
V	New	VISA INC	$293,000	–	2,787	–	0.08%	–
GNTX	Buy	GENTEX CORP	$281,000	+4.9%	14,176	+0.3%	0.08%	-13.7%
ORCL	Sell	ORACLE CORP	$279,000	-7.0%	5,764	-3.5%	0.08%	-23.6%
IFF	Sell	INTERNATIONAL FLAVORS&FRAGRA	$276,000	+3.0%	1,929	-2.9%	0.08%	-15.8%
CI	Sell	CIGNA CORPORATION	$263,000	+9.1%	1,407	-2.4%	0.08%	-9.4%
TYL	New	TYLER TECHNOLOGIES INC	$254,000	–	1,459	–	0.07%	–
MRK	Sell	MERCK & CO INC	$255,000	-6.9%	3,979	-7.1%	0.07%	-23.7%
VEEV	Sell	VEEVA SYS INC	$251,000	-10.7%	4,458	-2.8%	0.07%	-27.0%
CVS	Sell	CVS HEALTH CORP	$251,000	-14.9%	3,091	-15.7%	0.07%	-30.5%
CMCSA	Sell	COMCAST CORP NEWcl a	$250,000	-9.4%	6,502	-8.4%	0.07%	-25.5%
LKQ	Sell	LKQ CORP	$248,000	+6.4%	6,885	-2.8%	0.07%	-13.3%
CERN	Sell	CERNER CORP	$243,000	+4.3%	3,406	-2.9%	0.07%	-14.5%
GLOB	New	GLOBANT S A	$239,000	–	5,967	–	0.07%	–
MD	Sell	MEDNAX INC	$227,000	-31.4%	5,270	-4.0%	0.07%	-43.6%
PX	Sell	PRAXAIR INC	$227,000	+2.3%	1,622	-3.0%	0.07%	-16.5%
HSIC	New	SCHEIN HENRY INC	$224,000	–	2,738	–	0.06%	–
PRAA	Sell	PRA GROUP INC	$224,000	-26.3%	7,804	-2.8%	0.06%	-39.8%
INOV	Sell	INOVALON HLDGS INC	$212,000	+25.4%	12,457	-2.8%	0.06%	+3.3%
UNFI	New	UNITED NAT FOODS INC	$210,000	–	5,039	–	0.06%	–
SNA	Buy	SNAP ON INC	$210,000	-4.5%	1,407	+1.1%	0.06%	-21.8%
NEOG	New	NEOGEN CORP	$201,000	–	2,599	–	0.06%	–
CC	New	CHEMOURS CO	$202,000	–	4,000	–	0.06%	–
PDCO	Exit	PATTERSON COMPANIES INC	$0	–	-4,707	–	-0.08%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-3,103	–	-0.08%	–
MCK	Exit	MCKESSON CORP	$0	–	-1,485	–	-0.09%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-21,370	–	-0.61%	–
FAF	Exit	FIRST AMERN FINL CORP	$0	–	-50,318	–	-0.80%	–
BIL	Exit	SPDR SERIES TRUSTblmbrg br 1 3 mt	$0	–	-550,082	–	-8.92%	–

Q2 2017

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$56,316,000	–	232,904	–	19.97%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$25,716,000	–	186,833	–	9.12%	–
BIL	New	SPDR SERIES TRUSTblmbrg br 1 3 mt	$25,161,000	–	550,082	–	8.92%	–
GE	New	GENERAL ELECTRIC CO	$5,800,000	–	214,728	–	2.06%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$5,577,000	–	36,253	–	1.98%	–
MCD	New	MCDONALDS CORP	$5,341,000	–	34,875	–	1.89%	–
AMLP	New	ALPS ETF TRalerian mlp	$5,302,000	–	443,345	–	1.88%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$5,103,000	–	58,300	–	1.81%	–
PFE	New	PFIZER INC	$4,144,000	–	123,362	–	1.47%	–
XOM	New	EXXON MOBIL CORP	$4,037,000	–	50,005	–	1.43%	–
PG	New	PROCTER AND GAMBLE CO	$4,039,000	–	46,345	–	1.43%	–
PPL	New	PPL CORP	$3,707,000	–	95,877	–	1.32%	–
WY	New	WEYERHAEUSER CO	$3,659,000	–	109,217	–	1.30%	–
DUK	New	DUKE ENERGY CORP NEW	$3,654,000	–	43,713	–	1.30%	–
EXC	New	EXELON CORP	$3,627,000	–	100,562	–	1.29%	–
MSFT	New	MICROSOFT CORP	$3,540,000	–	51,361	–	1.26%	–
T	New	AT&T INC	$3,516,000	–	93,184	–	1.25%	–
TGT	New	TARGET CORP	$3,455,000	–	66,071	–	1.22%	–
SO	New	SOUTHERN CO	$3,443,000	–	71,909	–	1.22%	–
F	New	FORD MTR CO DEL	$3,335,000	–	298,056	–	1.18%	–
CSCO	New	CISCO SYS INC	$3,110,000	–	99,351	–	1.10%	–
STX	New	SEAGATE TECHNOLOGY PLC	$3,099,000	–	79,980	–	1.10%	–
MMM	New	3M CO	$2,759,000	–	13,250	–	0.98%	–
STWD	New	STARWOOD PPTY TR INC	$2,746,000	–	122,640	–	0.97%	–
AGNC	New	AGNC INVT CORP	$2,727,000	–	128,091	–	0.97%	–
RDSB	New	ROYAL DUTCH SHELL PLCspon adr b	$2,727,000	–	50,110	–	0.97%	–
NLY	New	ANNALY CAP MGMT INC	$2,707,000	–	224,679	–	0.96%	–
TWO	New	TWO HBRS INVT CORP	$2,702,000	–	272,633	–	0.96%	–
PBI	New	PITNEY BOWES INC	$2,547,000	–	168,680	–	0.90%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$2,388,000	–	51,480	–	0.85%	–
EXR	New	EXTRA SPACE STORAGE INC	$2,370,000	–	30,382	–	0.84%	–
EMR	New	EMERSON ELEC CO	$2,363,000	–	39,634	–	0.84%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$2,346,000	–	27,803	–	0.83%	–
BA	New	BOEING CO	$2,324,000	–	11,751	–	0.82%	–
LB	New	L BRANDS INC	$2,299,000	–	42,665	–	0.82%	–
VZ	New	VERIZON COMMUNICATIONS INC	$2,271,000	–	50,847	–	0.80%	–
FAF	New	FIRST AMERN FINL CORP	$2,249,000	–	50,318	–	0.80%	–
WM	New	WASTE MGMT INC DEL	$2,249,000	–	30,655	–	0.80%	–
INTC	New	INTEL CORP	$2,241,000	–	66,419	–	0.80%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$2,219,000	–	51,464	–	0.79%	–
GIS	New	GENERAL MLS INC	$2,100,000	–	37,901	–	0.74%	–
IEI	New	ISHARES TR3-7 yr tr bd etf	$2,014,000	–	16,300	–	0.71%	–
VGIT	New	VANGUARD SCOTTSDALE FDSint-term gov	$1,965,000	–	30,400	–	0.70%	–
BCE	New	BCE INC	$1,770,000	–	39,300	–	0.63%	–
DD	New	DU PONT E I DE NEMOURS & CO	$1,725,000	–	21,370	–	0.61%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,727,000	–	30,996	–	0.61%	–
VLO	New	VALERO ENERGY CORP NEW	$1,723,000	–	25,539	–	0.61%	–
AGU	New	AGRIUM INC	$1,620,000	–	17,908	–	0.57%	–
PSA	New	PUBLIC STORAGE	$1,543,000	–	7,400	–	0.55%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,523,000	–	13,773	–	0.54%	–
AFL	New	AFLAC INC	$1,499,000	–	19,300	–	0.53%	–
LUMN	New	CENTURYLINK INC	$1,295,000	–	54,223	–	0.46%	–
NVDA	New	NVIDIA CORP	$1,254,000	–	8,675	–	0.44%	–
EFT	New	EATON VANCE FLTING RATE INC	$1,108,000	–	73,174	–	0.39%	–
ABBV	New	ABBVIE INC	$1,017,000	–	14,023	–	0.36%	–
AAPL	New	APPLE INC	$823,000	–	5,715	–	0.29%	–
SBUX	New	STARBUCKS CORP	$801,000	–	13,740	–	0.28%	–
NATI	New	NATIONAL INSTRS CORP	$745,000	–	18,521	–	0.26%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$741,000	–	16,400	–	0.26%	–
ABT	New	ABBOTT LABS	$739,000	–	15,207	–	0.26%	–
ALL	New	ALLSTATE CORP	$706,000	–	7,981	–	0.25%	–
WFC	New	WELLS FARGO CO NEW	$676,000	–	12,195	–	0.24%	–
NXPI	New	NXP SEMICONDUCTORS N V	$666,000	–	6,081	–	0.24%	–
FISV	New	FISERV INC	$628,000	–	5,136	–	0.22%	–
AMZN	New	AMAZON COM INC	$614,000	–	634	–	0.22%	–
ECL	New	ECOLAB INC	$615,000	–	4,633	–	0.22%	–
LOPE	New	GRAND CANYON ED INC	$587,000	–	7,489	–	0.21%	–
JPM	New	JPMORGAN CHASE & CO	$545,000	–	5,968	–	0.19%	–
CHE	New	CHEMED CORP NEW	$515,000	–	2,517	–	0.18%	–
HD	New	HOME DEPOT INC	$503,000	–	3,277	–	0.18%	–
ATHN	New	ATHENAHEALTH INC	$498,000	–	3,540	–	0.18%	–
CSGP	New	COSTAR GROUP INC	$492,000	–	1,867	–	0.17%	–
USB	New	US BANCORP DEL	$492,000	–	9,469	–	0.17%	–
LSI	New	LIFE STORAGE INC	$489,000	–	6,600	–	0.17%	–
CVX	New	CHEVRON CORP NEW	$469,000	–	4,498	–	0.17%	–
ROL	New	ROLLINS INC	$463,000	–	11,367	–	0.16%	–
GOOG	New	ALPHABET INCcap stk cl c	$463,000	–	510	–	0.16%	–
ULTI	New	ULTIMATE SOFTWARE GROUP INC	$457,000	–	2,176	–	0.16%	–
GOOGL	New	ALPHABET INCcap stk cl a	$454,000	–	488	–	0.16%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$454,000	–	5,797	–	0.16%	–
FAST	New	FASTENAL CO	$451,000	–	10,364	–	0.16%	–
AYI	New	ACUITY BRANDS INC	$445,000	–	2,187	–	0.16%	–
UNH	New	UNITEDHEALTH GROUP INC	$433,000	–	2,336	–	0.15%	–
PRLB	New	PROTO LABS INC	$428,000	–	6,362	–	0.15%	–
VRSK	New	VERISK ANALYTICS INC	$430,000	–	5,102	–	0.15%	–
ADI	New	ANALOG DEVICES INC	$422,000	–	5,427	–	0.15%	–
INFO	New	IHS MARKIT LTD	$422,000	–	9,572	–	0.15%	–
CRM	New	SALESFORCE COM INC	$412,000	–	4,754	–	0.15%	–
NEE	New	NEXTERA ENERGY INC	$404,000	–	2,881	–	0.14%	–
BECN	New	BEACON ROOFING SUPPLY INC	$391,000	–	7,989	–	0.14%	–
MDT	New	MEDTRONIC PLC	$383,000	–	4,314	–	0.14%	–
JNJ	New	JOHNSON & JOHNSON	$380,000	–	2,870	–	0.14%	–
HCSG	New	HEALTHCARE SVCS GRP INC	$362,000	–	7,724	–	0.13%	–
MS	New	MORGAN STANLEY	$358,000	–	8,024	–	0.13%	–
HEI	New	HEICO CORP NEW	$352,000	–	4,900	–	0.12%	–
LOW	New	LOWES COS INC	$347,000	–	4,470	–	0.12%	–
XEL	New	XCEL ENERGY INC	$348,000	–	7,594	–	0.12%	–
MD	New	MEDNAX INC	$331,000	–	5,490	–	0.12%	–
ANSS	New	ANSYS INC	$330,000	–	2,715	–	0.12%	–
FIVE	New	FIVE BELOW INC	$316,000	–	6,408	–	0.11%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$315,000	–	10,976	–	0.11%	–
REM	New	ISHARES TRmtg rel etf new	$311,000	–	6,703	–	0.11%	–
PRAA	New	PRA GROUP INC	$304,000	–	8,028	–	0.11%	–
C	New	CITIGROUP INC	$301,000	–	4,496	–	0.11%	–
MA	New	MASTERCARD INCORPORATEDcl a	$298,000	–	2,456	–	0.11%	–
WST	New	WEST PHARMACEUTICAL SVSC INC	$300,000	–	3,177	–	0.11%	–
ORCL	New	ORACLE CORP	$300,000	–	5,975	–	0.11%	–
CVS	New	CVS HEALTH CORP	$295,000	–	3,668	–	0.10%	–
PSX	New	PHILLIPS 66	$289,000	–	3,494	–	0.10%	–
SPHQ	New	POWERSHARES ETF TRUSTs&p 500 qlty prt	$281,000	–	10,060	–	0.10%	–
VEEV	New	VEEVA SYS INC	$281,000	–	4,587	–	0.10%	–
CMCSA	New	COMCAST CORP NEWcl a	$276,000	–	7,102	–	0.10%	–
MRK	New	MERCK & CO INC	$274,000	–	4,281	–	0.10%	–
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$268,000	–	1,986	–	0.10%	–
GNTX	New	GENTEX CORP	$268,000	–	14,138	–	0.10%	–
MCK	New	MCKESSON CORP	$244,000	–	1,485	–	0.09%	–
CI	New	CIGNA CORPORATION	$241,000	–	1,441	–	0.08%	–
LKQ	New	LKQ CORP	$233,000	–	7,083	–	0.08%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$235,000	–	2,823	–	0.08%	–
CERN	New	CERNER CORP	$233,000	–	3,507	–	0.08%	–
MO	New	ALTRIA GROUP INC	$231,000	–	3,103	–	0.08%	–
PX	New	PRAXAIR INC	$222,000	–	1,673	–	0.08%	–
SNA	New	SNAP ON INC	$220,000	–	1,392	–	0.08%	–
PDCO	New	PATTERSON COMPANIES INC	$221,000	–	4,707	–	0.08%	–
PEP	New	PEPSICO INC	$217,000	–	1,881	–	0.08%	–
INOV	New	INOVALON HLDGS INC	$169,000	–	12,816	–	0.06%	–

Q4 2016

			Value		Shares		↓ Weighting
INOV	Exit	INOVALON HLDGS INC	$0	–	-11,985	–	-0.11%	–
CERN	Exit	CERNER CORP	$0	–	-3,324	–	-0.13%	–
KO	Exit	COCA COLA CO	$0	–	-4,986	–	-0.13%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-3,173	–	-0.14%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-3,634	–	-0.14%	–
C	Exit	CITIGROUP INC	$0	–	-4,982	–	-0.15%	–
ANSS	Exit	ANSYS INC	$0	–	-2,579	–	-0.15%	–
SRCL	Exit	STERICYCLE INC	$0	–	-3,000	–	-0.15%	–
LKQ	Exit	LKQ CORP	$0	–	-6,745	–	-0.15%	–
ORCL	Exit	ORACLE CORP	$0	–	-6,227	–	-0.15%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-3,694	–	-0.15%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-2,828	–	-0.15%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-1,950	–	-0.16%	–
PRLB	Exit	PROTO LABS INC	$0	–	-4,209	–	-0.16%	–
SPHQ	Exit	POWERSHARES ETF TRUSTs&p 500 qlty prt	$0	–	-10,060	–	-0.16%	–
ABCO	Exit	ADVISORY BRD CO	$0	–	-5,639	–	-0.16%	–
HEI	Exit	HEICO CORP NEW	$0	–	-3,688	–	-0.16%	–
MS	Exit	MORGAN STANLEY	$0	–	-8,024	–	-0.16%	–
PRAA	Exit	PRA GROUP INC	$0	–	-7,557	–	-0.16%	–
NEOG	Exit	NEOGEN CORP	$0	–	-4,681	–	-0.16%	–
IFF	Exit	INTERNATIONAL FLAVORS&FRAGRA	$0	–	-1,880	–	-0.17%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-2,667	–	-0.17%	–
VRSK	Exit	VERISK ANALYTICS INC	$0	–	-3,354	–	-0.17%	–
LOPE	Exit	GRAND CANYON ED INC	$0	–	-7,115	–	-0.18%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-3,634	–	-0.18%	–
HCSG	Exit	HEALTHCARE SVCS GRP INC	$0	–	-7,338	–	-0.18%	–
GNTX	Exit	GENTEX CORP	$0	–	-17,239	–	-0.19%	–
PFE	Exit	PFIZER INC	$0	–	-8,989	–	-0.19%	–
WBA	Exit	WALGREENS BOOTS ALLIANCE INC	$0	–	-3,753	–	-0.19%	–
QCOM	Exit	QUALCOMM INC	$0	–	-4,418	–	-0.19%	–
MRK	Exit	MERCK & CO INC	$0	–	-4,928	–	-0.19%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-7,594	–	-0.20%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-2,245	–	-0.20%	–
ROL	Exit	ROLLINS INC	$0	–	-10,792	–	-0.20%	–
BECN	Exit	BEACON ROOFING SUPPLY INC	$0	–	-7,578	–	-0.20%	–
PSX	Exit	PHILLIPS 66	$0	–	-4,052	–	-0.20%	–
ATHN	Exit	ATHENAHEALTH INC	$0	–	-2,615	–	-0.21%	–
CHE	Exit	CHEMED CORP NEW	$0	–	-2,392	–	-0.21%	–
LOW	Exit	LOWES COS INC	$0	–	-4,728	–	-0.22%	–
INFO	Exit	IHS MARKIT LTD	$0	–	-9,074	–	-0.22%	–
MD	Exit	MEDNAX INC	$0	–	-5,211	–	-0.22%	–
NATI	Exit	NATIONAL INSTRS CORP	$0	–	-12,371	–	-0.22%	–
AYI	Exit	ACUITY BRANDS INC	$0	–	-1,355	–	-0.23%	–
RBA	Exit	RITCHIE BROS AUCTIONEERS	$0	–	-10,535	–	-0.23%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-3,087	–	-0.24%	–
CSGP	Exit	COSTAR GROUP INC	$0	–	-1,768	–	-0.24%	–
MCK	Exit	MCKESSON CORP	$0	–	-2,352	–	-0.25%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-508	–	-0.25%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-4,562	–	-0.26%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-4,723	–	-0.26%	–
FAST	Exit	FASTENAL CO	$0	–	-9,860	–	-0.26%	–
ECL	Exit	ECOLAB INC	$0	–	-3,390	–	-0.26%	–
ULTI	Exit	ULTIMATE SOFTWARE GROUP INC	$0	–	-2,080	–	-0.27%	–
HD	Exit	HOME DEPOT INC	$0	–	-3,344	–	-0.27%	–
USB	Exit	US BANCORP DEL	$0	–	-10,064	–	-0.27%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,557	–	-0.30%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-594	–	-0.30%	–
FISV	Exit	FISERV INC	$0	–	-4,860	–	-0.30%	–
AMZN	Exit	AMAZON COM INC	$0	–	-601	–	-0.32%	–
CPHD	Exit	CEPHEID	$0	–	-11,023	–	-0.37%	–
LSI	Exit	LIFE STORAGE INC	$0	–	-6,600	–	-0.37%	–
ALL	Exit	ALLSTATE CORP	$0	–	-8,518	–	-0.37%	–
LLTC	Exit	LINEAR TECHNOLOGY CORP	$0	–	-9,965	–	-0.37%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-6,463	–	-0.42%	–
ABT	Exit	ABBOTT LABS	$0	–	-16,129	–	-0.43%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.47%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-14,018	–	-0.48%	–
AAPL	Exit	APPLE INC	$0	–	-6,938	–	-0.49%	–
ABBV	Exit	ABBVIE INC	$0	–	-14,192	–	-0.56%	–
AGU	Exit	AGRIUM INC	$0	–	-10,004	–	-0.57%	–
NVDA	Exit	NVIDIA CORP	$0	–	-14,067	–	-0.61%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-73,174	–	-0.65%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-83,920	–	-0.67%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-29,036	–	-0.81%	–
AFL	Exit	AFLAC INC	$0	–	-19,300	–	-0.87%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-21,692	–	-0.92%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,797	–	-0.95%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-1.04%	–
F	Exit	FORD MTR CO DEL	$0	–	-141,333	–	-1.07%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-41,697	–	-1.13%	–
BCE	Exit	BCE INC	$0	–	-39,550	–	-1.15%	–
BA	Exit	BOEING CO	$0	–	-14,379	–	-1.19%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-30,655	–	-1.23%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-53,600	–	-1.27%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSint-term gov	$0	–	-30,400	–	-1.28%	–
BIL	Exit	SPDR SERIES TRUSTbrclys 1-3mt etf	$0	–	-45,015	–	-1.30%	–
IEI	Exit	ISHARES TR3-7 yr tr bd etf	$0	–	-16,300	–	-1.30%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-39,920	–	-1.31%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-39,829	–	-1.37%	–
MMM	Exit	3M CO	$0	–	-13,027	–	-1.45%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-229,700	–	-1.52%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-1.52%	–
AGNC	Exit	AMERICAN CAPITAL AGENCY CORP	$0	–	-125,720	–	-1.54%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-36,654	–	-1.54%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-287,970	–	-1.55%	–
INTC	Exit	INTEL CORP	$0	–	-65,754	–	-1.56%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-30,794	–	-1.56%	–
PPL	Exit	PPL CORP	$0	–	-74,655	–	-1.63%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-117,145	–	-1.66%	–
SO	Exit	SOUTHERN CO	$0	–	-61,199	–	-1.98%	–
TGT	Exit	TARGET CORP	$0	–	-46,103	–	-1.99%	–
EXC	Exit	EXELON CORP	$0	–	-95,691	–	-2.01%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-39,892	–	-2.01%	–
DOW	Exit	DOW CHEM CO	$0	–	-64,201	–	-2.10%	–
T	Exit	AT&T INC	$0	–	-84,488	–	-2.16%	–
PAYX	Exit	PAYCHEX INC	$0	–	-59,302	–	-2.16%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-16,195	–	-2.21%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS	$0	–	-22,309	–	-2.23%	–
WY	Exit	WEYERHAEUSER CO	$0	–	-112,300	–	-2.26%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-31,471	–	-2.34%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-41,821	–	-2.36%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-70,745	–	-2.57%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-91,295	–	-2.76%	–
MCD	Exit	MCDONALDS CORP	$0	–	-39,658	–	-2.88%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-93,120	–	-3.16%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-58,300	–	-3.29%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-62,662	–	-3.44%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-200,640	–	-3.74%	–

Q3 2016

			Value		Shares		↓ Weighting
GE	Buy	GENERAL ELECTRIC CO	$5,943,000	+57.3%	200,640	+67.2%	3.74%	+72.3%
XOM	Sell	EXXON MOBIL CORP	$5,469,000	-7.5%	62,662	-0.7%	3.44%	+1.3%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$5,021,000	+123.2%	93,120	+204.5%	3.16%	+144.4%
MCD	Buy	MCDONALDS CORP	$4,575,000	-0.5%	39,658	+3.8%	2.88%	+8.9%
CHD	Buy	CHURCH & DWIGHT INC	$4,375,000	+1983.3%	91,295	+4364.3%	2.76%	+2177.7%
MSFT	Buy	MICROSOFT CORP	$4,075,000	+17.8%	70,745	+4.7%	2.57%	+29.1%
PG	Buy	PROCTER AND GAMBLE CO	$3,753,000	+10.6%	41,821	+4.3%	2.36%	+21.1%
JNJ	Sell	JOHNSON & JOHNSON	$3,718,000	-11.8%	31,471	-9.4%	2.34%	-3.4%
WY	Buy	WEYERHAEUSER CO	$3,587,000	+12.0%	112,300	+4.4%	2.26%	+22.6%
IBM	Buy	INTERNATIONAL BUSINESS MACHS	$3,544,000	+8.8%	22,309	+4.0%	2.23%	+19.2%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$3,503,000	-1.4%	16,195	-4.5%	2.21%	+8.0%
PAYX	Buy	PAYCHEX INC	$3,432,000	+0.6%	59,302	+3.5%	2.16%	+10.2%
T	Buy	AT&T INC	$3,431,000	-5.9%	84,488	+0.1%	2.16%	+3.1%
DOW	Buy	DOW CHEM CO	$3,328,000	+9.0%	64,201	+4.5%	2.10%	+19.4%
DUK	Buy	DUKE ENERGY CORP NEW	$3,193,000	-1.8%	39,892	+5.2%	2.01%	+7.5%
EXC	Buy	EXELON CORP	$3,186,000	-4.3%	95,691	+4.5%	2.01%	+4.9%
TGT	New	TARGET CORP	$3,166,000	–	46,103	–	1.99%	–
SO	Buy	SOUTHERN CO	$3,140,000	+0.9%	61,199	+5.4%	1.98%	+10.5%
STWD	Buy	STARWOOD PPTY TR INC	$2,638,000	+12.9%	117,145	+3.8%	1.66%	+23.7%
PPL	New	PPL CORP	$2,581,000	–	74,655	–	1.63%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$2,484,000	–	30,794	–	1.56%	–
INTC	Sell	INTEL CORP	$2,482,000	+8.9%	65,754	-5.4%	1.56%	+19.2%
TWO	Buy	TWO HBRS INVT CORP	$2,456,000	+4.2%	287,970	+4.6%	1.55%	+14.2%
AGNC	Buy	AMERICAN CAPITAL AGENCY CORP	$2,440,000	+2.8%	125,720	+5.0%	1.54%	+12.6%
JPM	Buy	JPMORGAN CHASE & CO	$2,441,000	+10.7%	36,654	+3.2%	1.54%	+21.1%
NLY	Buy	ANNALY CAP MGMT INC	$2,412,000	-0.5%	229,700	+4.9%	1.52%	+9.0%
MMM	Sell	3M CO	$2,296,000	-45.5%	13,027	-45.9%	1.45%	-40.3%
EMR	Buy	EMERSON ELEC CO	$2,171,000	+5.7%	39,829	+1.2%	1.37%	+15.7%
VZ	Sell	VERIZON COMMUNICATIONS INC	$2,075,000	-7.7%	39,920	-0.8%	1.31%	+1.1%
BIL	New	SPDR SERIES TRUSTbrclys 1-3mt etf	$2,059,000	–	45,015	–	1.30%	–
HSBC	Buy	HSBC HLDGS PLCspon adr new	$2,016,000	+26.7%	53,600	+5.5%	1.27%	+38.8%
WM	Sell	WASTE MGMT INC DEL	$1,955,000	-52.1%	30,655	-50.3%	1.23%	-47.6%
BA	Buy	BOEING CO	$1,894,000	+6.9%	14,379	+5.5%	1.19%	+17.2%
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,798,000	–	41,697	–	1.13%	–
F	Buy	FORD MTR CO DEL	$1,706,000	+1.9%	141,333	+6.1%	1.07%	+11.5%
DD	Buy	DU PONT E I DE NEMOURS & CO	$1,453,000	+3.3%	21,692	+0.0%	0.92%	+13.1%
WFC	Sell	WELLS FARGO & CO NEW	$1,286,000	-42.4%	29,036	-38.4%	0.81%	-36.9%
AMLP	Sell	ALPS ETF TRalerian mlp	$1,065,000	-85.0%	83,920	-85.0%	0.67%	-83.6%
AGU	New	AGRIUM INC	$907,000	–	10,004	–	0.57%	–
ABBV	Buy	ABBVIE INC	$895,000	+4.3%	14,192	+2.4%	0.56%	+14.4%
AAPL	Sell	APPLE INC	$784,000	-77.4%	6,938	-80.9%	0.49%	-75.3%
SBUX	Buy	STARBUCKS CORP	$759,000	-3.9%	14,018	+1.4%	0.48%	+5.3%
ABT	Sell	ABBOTT LABS	$682,000	+5.9%	16,129	-1.5%	0.43%	+16.2%
NXPI	Sell	NXP SEMICONDUCTORS N V	$659,000	+28.5%	6,463	-1.4%	0.42%	+40.7%
LLTC	Buy	LINEAR TECHNOLOGY CORP	$591,000	+32.8%	9,965	+4.1%	0.37%	+45.3%
ALL	Sell	ALLSTATE CORP	$589,000	-2.2%	8,518	-1.0%	0.37%	+7.2%
LSI	New	LIFE STORAGE INC	$587,000	–	6,600	–	0.37%	–
CPHD	Buy	CEPHEID	$581,000	+79.9%	11,023	+4.8%	0.37%	+96.8%
AMZN	Buy	AMAZON COM INC	$503,000	+24.5%	601	+6.4%	0.32%	+36.6%
FISV	Buy	FISERV INC	$483,000	-4.4%	4,860	+4.7%	0.30%	+4.8%
GOOGL	Buy	ALPHABET INCcap stk cl a	$478,000	+39.0%	594	+21.5%	0.30%	+52.0%
CVX	Buy	CHEVRON CORP NEW	$469,000	+0.2%	4,557	+2.1%	0.30%	+9.7%
USB	Sell	US BANCORP DEL	$432,000	+1.6%	10,064	-4.5%	0.27%	+11.5%
HD	Sell	HOME DEPOT INC	$430,000	-2.3%	3,344	-3.0%	0.27%	+7.1%
ULTI	Buy	ULTIMATE SOFTWARE GROUP INC	$425,000	+0.5%	2,080	+3.5%	0.27%	+10.3%
ECL	Buy	ECOLAB INC	$413,000	+7.6%	3,390	+4.6%	0.26%	+17.6%
FAST	Buy	FASTENAL CO	$412,000	-1.9%	9,860	+4.2%	0.26%	+7.0%
MDT	Sell	MEDTRONIC PLC	$408,000	-17.9%	4,723	-17.5%	0.26%	-10.1%
CVS	Sell	CVS HEALTH CORP	$406,000	-8.8%	4,562	-1.9%	0.26%	0.0%
GOOG	Buy	ALPHABET INCcap stk cl c	$395,000	+16.2%	508	+3.5%	0.25%	+27.0%
MCK	Sell	MCKESSON CORP	$392,000	-12.1%	2,352	-1.7%	0.25%	-3.5%
CSGP	Buy	COSTAR GROUP INC	$383,000	+2.1%	1,768	+3.2%	0.24%	+11.6%
NEE	Sell	NEXTERA ENERGY INC	$378,000	-90.4%	3,087	-89.8%	0.24%	-89.5%
RBA	Buy	RITCHIE BROS AUCTIONEERS	$369,000	+9.2%	10,535	+5.2%	0.23%	+19.6%
AYI	Buy	ACUITY BRANDS INC	$359,000	+11.8%	1,355	+4.6%	0.23%	+22.2%
NATI	Buy	NATIONAL INSTRS CORP	$351,000	+33.5%	12,371	+29.0%	0.22%	+46.4%
MD	Buy	MEDNAX INC	$345,000	-4.2%	5,211	+4.7%	0.22%	+4.8%
INFO	New	IHS MARKIT LTD	$341,000	–	9,074	–	0.22%	–
LOW	Sell	LOWES COS INC	$341,000	-10.5%	4,728	-1.7%	0.22%	-1.8%
CHE	Buy	CHEMED CORP NEW	$337,000	+6.6%	2,392	+3.2%	0.21%	+16.5%
ATHN	Buy	ATHENAHEALTH INC	$330,000	-3.2%	2,615	+5.7%	0.21%	+6.1%
PSX	Sell	PHILLIPS 66	$326,000	-15.8%	4,052	-17.0%	0.20%	-8.1%
BECN	Buy	BEACON ROOFING SUPPLY INC	$319,000	-3.3%	7,578	+4.3%	0.20%	+5.8%
ROL	Buy	ROLLINS INC	$316,000	+3.9%	10,792	+3.9%	0.20%	+13.7%
UNH	Buy	UNITEDHEALTH GROUP INC	$314,000	+2.6%	2,245	+3.7%	0.20%	+12.5%
MRK	Sell	MERCK & CO INC	$308,000	-91.3%	4,928	-92.0%	0.19%	-90.5%
PFE	Sell	PFIZER INC	$304,000	-13.4%	8,989	-9.8%	0.19%	-5.4%
WBA	Sell	WALGREENS BOOTS ALLIANCE INC	$303,000	-45.4%	3,753	-43.7%	0.19%	-40.1%
QCOM	Buy	QUALCOMM INC	$303,000	+39.0%	4,418	+8.5%	0.19%	+52.8%
GNTX	Buy	GENTEX CORP	$303,000	+18.4%	17,239	+3.9%	0.19%	+29.9%
HCSG	Buy	HEALTHCARE SVCS GRP INC	$290,000	-0.7%	7,338	+4.1%	0.18%	+8.9%
DLTR	Sell	DOLLAR TREE INC	$287,000	-18.0%	3,634	-2.2%	0.18%	-10.0%
LOPE	Buy	GRAND CANYON ED INC	$287,000	+4.7%	7,115	+3.6%	0.18%	+14.6%
VRSK	Buy	VERISK ANALYTICS INC	$273,000	+5.0%	3,354	+4.8%	0.17%	+14.7%
MA	Sell	MASTERCARD INCORPORATEDcl a	$271,000	+9.7%	2,667	-5.0%	0.17%	+20.4%
IFF	Buy	INTERNATIONAL FLAVORS&FRAGRA	$269,000	+18.5%	1,880	+4.4%	0.17%	+29.0%
NEOG	Buy	NEOGEN CORP	$262,000	+3.1%	4,681	+3.7%	0.16%	+13.0%
PRAA	New	PRA GROUP INC	$261,000	–	7,557	–	0.16%	–
MS	Sell	MORGAN STANLEY	$257,000	+15.8%	8,024	-6.2%	0.16%	+26.6%
HEI	Buy	HEICO CORP NEW	$255,000	+9.9%	3,688	+6.3%	0.16%	+21.1%
PRLB	Buy	PROTO LABS INC	$252,000	+8.2%	4,209	+3.8%	0.16%	+18.7%
ABCO	New	ADVISORY BRD CO	$252,000	–	5,639	–	0.16%	–
SPHQ	Buy	POWERSHARES ETF TRUSTs&p 500 qlty prt	$253,000	+14.0%	10,060	+12.3%	0.16%	+24.2%
KMB	Sell	KIMBERLY CLARK CORP	$246,000	-9.2%	1,950	-1.2%	0.16%	-0.6%
CMCSA	Sell	COMCAST CORP NEWcl a	$245,000	-4.3%	3,694	-5.9%	0.15%	+4.8%
ORCL	Buy	ORACLE CORP	$245,000	-2.0%	6,227	+1.8%	0.15%	+6.9%
VNQ	Buy	VANGUARD INDEX FDSreit etf	$245,000	+18.9%	2,828	+22.0%	0.15%	+30.5%
ANSS	Buy	ANSYS INC	$239,000	+6.2%	2,579	+3.8%	0.15%	+17.1%
SRCL	Buy	STERICYCLE INC	$240,000	-20.5%	3,000	+3.3%	0.15%	-13.2%
LKQ	Sell	LKQ CORP	$239,000	-43.1%	6,745	-49.0%	0.15%	-37.6%
C	Sell	CITIGROUP INC	$235,000	+7.3%	4,982	-3.5%	0.15%	+17.5%
MO	Sell	ALTRIA GROUP INC	$230,000	-12.9%	3,634	-5.0%	0.14%	-4.6%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$224,000	-11.5%	3,173	-5.1%	0.14%	-2.8%
KO	Buy	COCA COLA CO	$211,000	-0.5%	4,986	+6.7%	0.13%	+9.0%
CERN	New	CERNER CORP	$205,000	–	3,324	–	0.13%	–
INOV	New	INOVALON HLDGS INC	$176,000	–	11,985	–	0.11%	–
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-25,000	–	-0.09%	–
CRM	Exit	SALESFORCE COM INC	$0	–	-2,530	–	-0.12%	–
MHF	Exit	WESTERN ASSET MUN HI INCM FD	$0	–	-25,088	–	-0.12%	–
GILD	Exit	GILEAD SCIENCES INC	$0	–	-2,507	–	-0.12%	–
IHS	Exit	IHS INCcl a	$0	–	-2,456	–	-0.16%	–
GIS	Exit	GENERAL MLS INC	$0	–	-4,000	–	-0.16%	–
NUV	Exit	NUVEEN MUN VALUE FD INC	$0	–	-30,000	–	-0.19%	–
PEP	Exit	PEPSICO INC	$0	–	-3,219	–	-0.20%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-19,931	–	-0.28%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-3,780	–	-0.30%	–
IWO	Exit	ISHARES TRrus 2000 grw etf	$0	–	-6,402	–	-0.31%	–
SSS	Exit	SOVRAN SELF STORAGE INC	$0	–	-6,600	–	-0.40%	–
POT	Exit	POTASH CORP SASK INC	$0	–	-55,480	–	-0.52%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-37,797	–	-0.62%	–
CSCO	Exit	CISCO SYS INC	$0	–	-54,928	–	-0.91%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-22,668	–	-1.11%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-19,961	–	-1.18%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-45,090	–	-1.89%	–
PFF	Exit	ISHARES TRu.s. pfd stk etf	$0	–	-138,583	–	-3.18%	–

Q2 2016

			Value		Shares		↓ Weighting
AMLP	New	ALPS ETF TRalerian mlp	$7,103,000	–	558,446	–	4.08%	–
XOM	New	EXXON MOBIL CORP	$5,912,000	–	63,072	–	3.40%	–
PFF	New	ISHARES TRu.s. pfd stk etf	$5,528,000	–	138,583	–	3.18%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$5,213,000	–	58,300	–	3.00%	–
MCD	New	MCDONALDS CORP	$4,599,000	–	38,219	–	2.64%	–
JNJ	New	JOHNSON & JOHNSON	$4,215,000	–	34,750	–	2.42%	–
MMM	New	3M CO	$4,214,000	–	24,064	–	2.42%	–
WM	New	WASTE MGMT INC DEL	$4,085,000	–	61,643	–	2.35%	–
NEE	New	NEXTERA ENERGY INC	$3,934,000	–	30,167	–	2.26%	–
GE	New	GENERAL ELECTRIC CO	$3,777,000	–	119,975	–	2.17%	–
T	New	AT&T INC	$3,647,000	–	84,408	–	2.10%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$3,552,000	–	16,959	–	2.04%	–
MRK	New	MERCK & CO INC	$3,548,000	–	61,587	–	2.04%	–
AAPL	New	APPLE INC	$3,472,000	–	36,323	–	2.00%	–
MSFT	New	MICROSOFT CORP	$3,458,000	–	67,571	–	1.99%	–
PAYX	New	PAYCHEX INC	$3,410,000	–	57,306	–	1.96%	–
PG	New	PROCTER & GAMBLE CO	$3,394,000	–	40,080	–	1.95%	–
EXC	New	EXELON CORP	$3,328,000	–	91,541	–	1.91%	–
WMT	New	WAL-MART STORES INC	$3,292,000	–	45,090	–	1.89%	–
IBM	New	INTERNATIONAL BUSINESS MACHS	$3,257,000	–	21,459	–	1.87%	–
DUK	New	DUKE ENERGY CORP NEW	$3,252,000	–	37,903	–	1.87%	–
WY	New	WEYERHAEUSER CO	$3,204,000	–	107,610	–	1.84%	–
SO	New	SOUTHERN CO	$3,113,000	–	58,038	–	1.79%	–
DOW	New	DOW CHEM CO	$3,054,000	–	61,446	–	1.76%	–
EXR	New	EXTRA SPACE STORAGE INC	$2,812,000	–	30,382	–	1.62%	–
NLY	New	ANNALY CAP MGMT INC	$2,424,000	–	218,975	–	1.39%	–
AGNC	New	AMERICAN CAPITAL AGENCY CORP	$2,373,000	–	119,735	–	1.36%	–
TWO	New	TWO HBRS INVT CORP	$2,357,000	–	275,350	–	1.36%	–
STWD	New	STARWOOD PPTY TR INC	$2,337,000	–	112,805	–	1.34%	–
INTC	New	INTEL CORP	$2,280,000	–	69,527	–	1.31%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$2,250,000	–	30,585	–	1.29%	–
VZ	New	VERIZON COMMUNICATIONS INC	$2,248,000	–	40,249	–	1.29%	–
WFC	New	WELLS FARGO & CO NEW	$2,232,000	–	47,157	–	1.28%	–
JPM	New	JPMORGAN CHASE & CO	$2,206,000	–	35,506	–	1.27%	–
IEI	New	ISHARES TR3-7 yr tr bd etf	$2,076,000	–	16,300	–	1.19%	–
EMR	New	EMERSON ELEC CO	$2,053,000	–	39,369	–	1.18%	–
UTX	New	UNITED TECHNOLOGIES CORP	$2,047,000	–	19,961	–	1.18%	–
VGIT	New	VANGUARD SCOTTSDALE FDSint-term gov	$2,043,000	–	30,400	–	1.18%	–
NSC	New	NORFOLK SOUTHERN CORP	$1,930,000	–	22,668	–	1.11%	–
PSA	New	PUBLIC STORAGE	$1,891,000	–	7,400	–	1.09%	–
BCE	New	BCE INC	$1,871,000	–	39,550	–	1.08%	–
BA	New	BOEING CO	$1,771,000	–	13,634	–	1.02%	–
F	New	FORD MTR CO DEL	$1,675,000	–	133,223	–	0.96%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$1,591,000	–	50,825	–	0.92%	–
CSCO	New	CISCO SYS INC	$1,576,000	–	54,928	–	0.91%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,486,000	–	13,797	–	0.86%	–
DD	New	DU PONT E I DE NEMOURS & CO	$1,406,000	–	21,690	–	0.81%	–
AFL	New	AFLAC INC	$1,393,000	–	19,300	–	0.80%	–
BHP	New	BHP BILLITON LTDsponsored adr	$1,079,000	–	37,797	–	0.62%	–
EFT	New	EATON VANCE FLTING RATE INC	$983,000	–	73,174	–	0.56%	–
POT	New	POTASH CORP SASK INC	$901,000	–	55,480	–	0.52%	–
ABBV	New	ABBVIE INC	$858,000	–	13,861	–	0.49%	–
SBUX	New	STARBUCKS CORP	$790,000	–	13,828	–	0.45%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$766,000	–	16,400	–	0.44%	–
SSS	New	SOVRAN SELF STORAGE INC	$692,000	–	6,600	–	0.40%	–
NVDA	New	NVIDIA CORP	$661,000	–	14,067	–	0.38%	–
ABT	New	ABBOTT LABS	$644,000	–	16,379	–	0.37%	–
ALL	New	ALLSTATE CORP	$602,000	–	8,601	–	0.35%	–
WBA	New	WALGREENS BOOTS ALLIANCE INC	$555,000	–	6,663	–	0.32%	–
IWO	New	ISHARES TRrus 2000 grw etf	$546,000	–	6,402	–	0.31%	–
DVY	New	ISHARES TRselect divid etf	$519,000	–	3,780	–	0.30%	–
NXPI	New	NXP SEMICONDUCTORS N V	$513,000	–	6,553	–	0.30%	–
FISV	New	FISERV INC	$505,000	–	4,640	–	0.29%	–
MDT	New	MEDTRONIC PLC	$497,000	–	5,723	–	0.29%	–
MDU	New	MDU RES GROUP INC	$478,000	–	19,931	–	0.28%	–
CVX	New	CHEVRON CORP NEW	$468,000	–	4,462	–	0.27%	–
MCK	New	MCKESSON CORP	$446,000	–	2,392	–	0.26%	–
CVS	New	CVS HEALTH CORP	$445,000	–	4,652	–	0.26%	–
LLTC	New	LINEAR TECHNOLOGY CORP	$445,000	–	9,570	–	0.26%	–
HD	New	HOME DEPOT INC	$440,000	–	3,447	–	0.25%	–
USB	New	US BANCORP DEL	$425,000	–	10,534	–	0.24%	–
ULTI	New	ULTIMATE SOFTWARE GROUP INC	$423,000	–	2,010	–	0.24%	–
LKQ	New	LKQ CORP	$420,000	–	13,235	–	0.24%	–
FAST	New	FASTENAL CO	$420,000	–	9,460	–	0.24%	–
AMZN	New	AMAZON COM INC	$404,000	–	565	–	0.23%	–
PSX	New	PHILLIPS 66	$387,000	–	4,882	–	0.22%	–
ECL	New	ECOLAB INC	$384,000	–	3,240	–	0.22%	–
LOW	New	LOWES COS INC	$381,000	–	4,810	–	0.22%	–
CSGP	New	COSTAR GROUP INC	$375,000	–	1,713	–	0.22%	–
MD	New	MEDNAX INC	$360,000	–	4,976	–	0.21%	–
PFE	New	PFIZER INC	$351,000	–	9,963	–	0.20%	–
DLTR	New	DOLLAR TREE INC	$350,000	–	3,714	–	0.20%	–
GOOGL	New	ALPHABET INCcap stk cl a	$344,000	–	489	–	0.20%	–
ATHN	New	ATHENAHEALTH INC	$341,000	–	2,473	–	0.20%	–
GOOG	New	ALPHABET INCcap stk cl c	$340,000	–	491	–	0.20%	–
XEL	New	XCEL ENERGY INC	$340,000	–	7,594	–	0.20%	–
PEP	New	PEPSICO INC	$341,000	–	3,219	–	0.20%	–
RBA	New	RITCHIE BROS AUCTIONEERS	$338,000	–	10,010	–	0.19%	–
BECN	New	BEACON ROOFING SUPPLY INC	$330,000	–	7,263	–	0.19%	–
NUV	New	NUVEEN MUN VALUE FD INC	$325,000	–	30,000	–	0.19%	–
CPHD	New	CEPHEID	$323,000	–	10,518	–	0.19%	–
AYI	New	ACUITY BRANDS INC	$321,000	–	1,295	–	0.18%	–
CHE	New	CHEMED CORP NEW	$316,000	–	2,317	–	0.18%	–
UNH	New	UNITEDHEALTH GROUP INC	$306,000	–	2,165	–	0.18%	–
ROL	New	ROLLINS INC	$304,000	–	10,382	–	0.18%	–
SRCL	New	STERICYCLE INC	$302,000	–	2,905	–	0.17%	–
HCSG	New	HEALTHCARE SVCS GRP INC	$292,000	–	7,048	–	0.17%	–
GIS	New	GENERAL MLS INC	$285,000	–	4,000	–	0.16%	–
IHS	New	IHS INCcl a	$284,000	–	2,456	–	0.16%	–
LOPE	New	GRAND CANYON ED INC	$274,000	–	6,870	–	0.16%	–
KMB	New	KIMBERLY CLARK CORP	$271,000	–	1,973	–	0.16%	–
MO	New	ALTRIA GROUP INC	$264,000	–	3,826	–	0.15%	–
NATI	New	NATIONAL INSTRS CORP	$263,000	–	9,591	–	0.15%	–
VRSK	New	VERISK ANALYTICS INC	$260,000	–	3,201	–	0.15%	–
GNTX	New	GENTEX CORP	$256,000	–	16,594	–	0.15%	–
CMCSA	New	COMCAST CORP NEWcl a	$256,000	–	3,924	–	0.15%	–
NEOG	New	NEOGEN CORP	$254,000	–	4,516	–	0.15%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$253,000	–	3,343	–	0.14%	–
ORCL	New	ORACLE CORP	$250,000	–	6,114	–	0.14%	–
MA	New	MASTERCARD INCcl a	$247,000	–	2,807	–	0.14%	–
PRLB	New	PROTO LABS INC	$233,000	–	4,054	–	0.13%	–
HEI	New	HEICO CORP NEW	$232,000	–	3,468	–	0.13%	–
IFF	New	INTERNATIONAL FLAVORS&FRAGRA	$227,000	–	1,800	–	0.13%	–
ANSS	New	ANSYS INC	$225,000	–	2,484	–	0.13%	–
SPHQ	New	POWERSHARES ETF TRUSTs&p 500 qlty prt	$222,000	–	8,960	–	0.13%	–
MS	New	MORGAN STANLEY	$222,000	–	8,554	–	0.13%	–
C	New	CITIGROUP INC	$219,000	–	5,161	–	0.13%	–
QCOM	New	QUALCOMM INC	$218,000	–	4,072	–	0.12%	–
KO	New	COCA COLA CO	$212,000	–	4,672	–	0.12%	–
CHD	New	CHURCH & DWIGHT INC	$210,000	–	2,045	–	0.12%	–
GILD	New	GILEAD SCIENCES INC	$209,000	–	2,507	–	0.12%	–
MHF	New	WESTERN ASSET MUN HI INCM FD	$207,000	–	25,088	–	0.12%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$206,000	–	2,318	–	0.12%	–
CRM	New	SALESFORCE COM INC	$201,000	–	2,530	–	0.12%	–
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$162,000	–	25,000	–	0.09%	–

Q4 2015

			Value		Shares		↓ Weighting
LIQT	Exit	LIQTECH INTL INC	$0	–	-10,000	–	-0.01%	–
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-17,276	–	-0.11%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-16,662	–	-0.12%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-2,077	–	-0.16%	–
SRCL	Exit	STERICYCLE INC	$0	–	-1,459	–	-0.16%	–
CI	Exit	CIGNA CORPORATION	$0	–	-1,535	–	-0.16%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-3,710	–	-0.17%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-2,887	–	-0.17%	–
CPHD	Exit	CEPHEID	$0	–	-5,030	–	-0.18%	–
ECL	Exit	ECOLAB INC	$0	–	-2,290	–	-0.20%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-2,123	–	-0.20%	–
SYY	Exit	SYSCO CORP	$0	–	-6,715	–	-0.21%	–
QCOM	Exit	QUALCOMM INC	$0	–	-4,910	–	-0.21%	–
SYK	Exit	STRYKER CORP	$0	–	-2,863	–	-0.21%	–
TRN	Exit	TRINITY INDS INC	$0	–	-11,910	–	-0.21%	–
UNP	Exit	UNION PAC CORP	$0	–	-3,153	–	-0.22%	–
MYL	Exit	MYLAN N V	$0	–	-6,907	–	-0.22%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-5,305	–	-0.23%	–
BLK	Exit	BLACKROCK INC	$0	–	-981	–	-0.23%	–
VMW	Exit	VMWARE INC	$0	–	-3,716	–	-0.23%	–
EMC	Exit	E M C CORP MASS	$0	–	-12,466	–	-0.24%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-7,371	–	-0.24%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-6,166	–	-0.28%	–
AKAM	Exit	AKAMAI TECHNOLOGIES INC	$0	–	-5,097	–	-0.28%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-3,268	–	-0.28%	–
C	Exit	CITIGROUP INC	$0	–	-7,427	–	-0.29%	–
SYMC	Exit	SYMANTEC CORP	$0	–	-18,963	–	-0.29%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-4,610	–	-0.30%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-613	–	-0.30%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-586	–	-0.30%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-8,763	–	-0.31%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-6,931	–	-0.31%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-5,919	–	-0.31%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-4,496	–	-0.32%	–
PSX	Exit	PHILLIPS 66	$0	–	-5,345	–	-0.33%	–
VTV	Exit	VANGUARD INDEX FDSvalue etf	$0	–	-5,461	–	-0.33%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-6,270	–	-0.33%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-4,312	–	-0.33%	–
BXLT	Exit	BAXALTA INC	$0	–	-13,574	–	-0.34%	–
MS	Exit	MORGAN STANLEY	$0	–	-13,613	–	-0.34%	–
KO	Exit	COCA COLA CO	$0	–	-10,741	–	-0.34%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-4,975	–	-0.35%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-5,968	–	-0.35%	–
PFE	Exit	PFIZER INC	$0	–	-14,331	–	-0.36%	–
ORCL	Exit	ORACLE CORP	$0	–	-12,706	–	-0.36%	–
LOW	Exit	LOWES COS INC	$0	–	-7,026	–	-0.38%	–
NVDA	Exit	NVIDIA CORP	$0	–	-21,497	–	-0.42%	–
POT	Exit	POTASH CORP SASK INC	$0	–	-27,021	–	-0.44%	–
CSCO	Exit	CISCO SYS INC	$0	–	-21,395	–	-0.45%	–
HD	Exit	HOME DEPOT INC	$0	–	-4,882	–	-0.45%	–
PHI	Exit	PHILIPPINE LONG DISTANCE TELsponsored adr	$0	–	-12,236	–	-0.45%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,205	–	-0.47%	–
USB	Exit	US BANCORP DEL	$0	–	-15,990	–	-0.52%	–
BPT	Exit	BP PRUDHOE BAY RTY TRunit ben int	$0	–	-16,024	–	-0.52%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-10,920	–	-0.53%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-6,996	–	-0.54%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.54%	–
ALL	Exit	ALLSTATE CORP	$0	–	-11,893	–	-0.55%	–
CHL	Exit	CHINA MOBILE LIMITEDsponsored adr	$0	–	-12,142	–	-0.57%	–
RTN	Exit	RAYTHEON CO	$0	–	-6,679	–	-0.58%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-13,309	–	-0.60%	–
ABBV	Exit	ABBVIE INC	$0	–	-13,899	–	-0.60%	–
LNT	Exit	ALLIANT ENERGY CORP	$0	–	-12,976	–	-0.60%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-16,688	–	-0.63%	–
BAX	Exit	BAXTER INTL INC	$0	–	-24,146	–	-0.63%	–
PEG	Exit	PUBLIC SVC ENTERPRISE GROUP	$0	–	-18,826	–	-0.63%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-9,152	–	-0.63%	–
DTE	Exit	DTE ENERGY CO	$0	–	-9,956	–	-0.64%	–
WR	Exit	WESTAR ENERGY INC	$0	–	-21,240	–	-0.65%	–
BNS	Exit	BANK N S HALIFAX	$0	–	-18,532	–	-0.65%	–
ABT	Exit	ABBOTT LABS	$0	–	-20,473	–	-0.65%	–
ARCC	Exit	ARES CAP CORP	$0	–	-57,129	–	-0.66%	–
ES	Exit	EVERSOURCE ENERGY	$0	–	-16,574	–	-0.67%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-12,002	–	-0.67%	–
SON	Exit	SONOCO PRODS CO	$0	–	-22,447	–	-0.67%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-18,954	–	-0.67%	–
BP	Exit	BP PLCsponsored adr	$0	–	-27,893	–	-0.68%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-11,015	–	-0.69%	–
EXC	Exit	EXELON CORP	$0	–	-29,374	–	-0.69%	–
PSEC	Exit	PROSPECT CAPITAL CORPORATION	$0	–	-122,404	–	-0.69%	–
AINV	Exit	APOLLO INVT CORP	$0	–	-159,714	–	-0.69%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-22,168	–	-0.69%	–
EDE	Exit	EMPIRE DIST ELEC CO	$0	–	-39,915	–	-0.70%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-20,841	–	-0.71%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-11,502	–	-0.72%	–
AAPL	Exit	APPLE INC	$0	–	-8,424	–	-0.74%	–
CM	Exit	CDN IMPERIAL BK COMM TORONTO	$0	–	-12,959	–	-0.74%	–
GAS	Exit	AGL RES INC	$0	–	-15,593	–	-0.76%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-30,360	–	-0.76%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-34,931	–	-0.77%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-73,174	–	-0.77%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-18,899	–	-0.77%	–
PAYX	Exit	PAYCHEX INC	$0	–	-20,470	–	-0.77%	–
LEG	Exit	LEGGETT & PLATT INC	$0	–	-23,667	–	-0.78%	–
HR	Exit	HEALTHCARE RLTY TR	$0	–	-39,534	–	-0.78%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-13,729	–	-0.78%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-11,131	–	-0.79%	–
AEP	Exit	AMERICAN ELEC PWR INC	$0	–	-17,605	–	-0.79%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-19,512	–	-0.81%	–
PNY	Exit	PIEDMONT NAT GAS INC	$0	–	-25,474	–	-0.81%	–
SCG	Exit	SCANA CORP NEW	$0	–	-18,189	–	-0.81%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-23,235	–	-0.81%	–
DOW	Exit	DOW CHEM CO	$0	–	-24,265	–	-0.82%	–
LLY	Exit	LILLY ELI & CO	$0	–	-12,342	–	-0.82%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-30,640	–	-0.86%	–
HE	Exit	HAWAIIAN ELEC INDUSTRIES	$0	–	-38,123	–	-0.87%	–
SDIV	Exit	GLOBAL X FDSglb x superdiv	$0	–	-56,580	–	-0.88%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-25,372	–	-0.89%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-25,191	–	-0.89%	–
AFL	Exit	AFLAC INC	$0	–	-19,396	–	-0.89%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-23,752	–	-0.90%	–
O	Exit	REALTY INCOME CORP	$0	–	-24,474	–	-0.92%	–
SO	Exit	SOUTHERN CO	$0	–	-26,216	–	-0.93%	–
SSS	Exit	SOVRAN SELF STORAGE INC	$0	–	-12,600	–	-0.94%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-24,680	–	-0.97%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-31,785	–	-0.97%	–
PBCT	Exit	PEOPLES UNITED FINANCIAL INC	$0	–	-78,154	–	-0.98%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-17,371	–	-0.99%	–
TE	Exit	TECO ENERGY INC	$0	–	-47,651	–	-0.99%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-28,812	–	-1.00%	–
SLF	Exit	SUN LIFE FINL INC	$0	–	-39,729	–	-1.02%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-27,652	–	-1.06%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,773	–	-1.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-16,099	–	-1.19%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-1.24%	–
MMM	Exit	3M CO	$0	–	-12,255	–	-1.38%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-33,800	–	-1.59%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-23,550	–	-1.60%	–
IEI	Exit	ISHARES TR3-7 yr tr bd etf	$0	–	-16,300	–	-1.61%	–
INTC	Exit	INTEL CORP	$0	–	-68,406	–	-1.64%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-1.86%	–
HEDJ	Exit	WISDOMTREE TReurope hedged eq	$0	–	-44,933	–	-1.95%	–
BCE	Exit	BCE INC	$0	–	-61,477	–	-2.00%	–
T	Exit	AT&T INC	$0	–	-77,627	–	-2.01%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-53,468	–	-2.11%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-107,079	–	-2.14%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-14,680	–	-2.23%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-235,517	–	-2.33%	–
MCD	Exit	MCDONALDS CORP	$0	–	-30,383	–	-2.38%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-28,235	–	-2.46%	–

Q3 2015

			Value		Shares		↓ Weighting
AGG	New	ISHARES TRcore us aggbd et	$3,094,000	–	28,235	–	2.46%	–
MCD	Sell	MCDONALDS CORP	$2,994,000	-3.0%	30,383	-6.4%	2.38%	+3.9%
AMLP	Buy	ALPS ETF TRalerian mlp	$2,939,000	-0.7%	235,517	+23.8%	2.33%	+6.4%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$2,813,000	-60.9%	14,680	-58.0%	2.23%	-58.0%
GE	Buy	GENERAL ELECTRIC CO	$2,701,000	-3.3%	107,079	+1.9%	2.14%	+3.7%
WM	Buy	WASTE MGMT INC DEL	$2,663,000	+9.3%	53,468	+1.8%	2.11%	+17.2%
T	Sell	AT&T INC	$2,529,000	-2.4%	77,627	-2.5%	2.01%	+4.6%
BCE	Buy	BCE INC	$2,518,000	-0.4%	61,477	+3.3%	2.00%	+6.7%
HEDJ	Buy	WISDOMTREE TReurope hedged eq	$2,456,000	+1.8%	44,933	+14.7%	1.95%	+9.1%
INTC	Sell	INTEL CORP	$2,062,000	-36.1%	68,406	-35.5%	1.64%	-31.5%
IEI	New	ISHARES TR3-7 yr tr bd etf	$2,032,000	–	16,300	–	1.61%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$2,012,000	–	23,550	–	1.60%	–
BMY	Sell	BRISTOL MYERS SQUIBB CO	$2,001,000	-50.7%	33,800	-47.6%	1.59%	-47.2%
MMM	Buy	3M CO	$1,737,000	-5.0%	12,255	+3.4%	1.38%	+1.8%
JNJ	Sell	JOHNSON & JOHNSON	$1,503,000	-5.4%	16,099	-1.3%	1.19%	+1.4%
DD	Sell	DU PONT E I DE NEMOURS & CO	$1,333,000	-29.2%	27,652	-6.0%	1.06%	-24.1%
SLF	Sell	SUN LIFE FINL INC	$1,282,000	-4.3%	39,729	-0.9%	1.02%	+2.5%
VZ	Sell	VERIZON COMMUNICATIONS INC	$1,254,000	-10.3%	28,812	-3.9%	1.00%	-3.9%
TE	Sell	TECO ENERGY INC	$1,251,000	+46.7%	47,651	-1.4%	0.99%	+57.1%
PG	Buy	PROCTER & GAMBLE CO	$1,250,000	+75.6%	17,371	+90.9%	0.99%	+88.2%
PBCT	Sell	PEOPLES UNITED FINANCIAL INC	$1,229,000	-11.1%	78,154	-8.4%	0.98%	-4.8%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$1,222,000	-21.2%	31,785	-14.7%	0.97%	-15.6%
MRK	Sell	MERCK & CO INC NEW	$1,219,000	-14.1%	24,680	-1.0%	0.97%	-8.0%
SO	Buy	SOUTHERN CO	$1,172,000	+14.5%	26,216	+7.3%	0.93%	+22.7%
O	Buy	REALTY INCOME CORP	$1,160,000	+11.6%	24,474	+4.6%	0.92%	+19.6%
COP	Buy	CONOCOPHILLIPS	$1,139,000	-15.7%	23,752	+8.0%	0.90%	-9.7%
AFL	Sell	AFLAC INC	$1,127,000	-6.8%	19,396	-0.2%	0.89%	-0.1%
TTE	Buy	TOTAL S Asponsored adr	$1,126,000	-0.4%	25,191	+9.6%	0.89%	+6.8%
RAI	Buy	REYNOLDS AMERICAN INC	$1,123,000	-26.5%	25,372	+24.0%	0.89%	-21.3%
SDIV	New	GLOBAL X FDSglb x superdiv	$1,112,000	–	56,580	–	0.88%	–
HE	Buy	HAWAIIAN ELEC INDUSTRIES	$1,094,000	-1.5%	38,123	+2.0%	0.87%	+5.5%
XEL	Buy	XCEL ENERGY INC	$1,085,000	+10.3%	30,640	+0.2%	0.86%	+18.1%
LLY	Sell	LILLY ELI & CO	$1,033,000	-20.7%	12,342	-20.9%	0.82%	-15.0%
DOW	Sell	DOW CHEM CO	$1,029,000	-17.7%	24,265	-0.7%	0.82%	-11.8%
EMR	Buy	EMERSON ELEC CO	$1,026,000	-20.1%	23,235	+0.3%	0.81%	-14.4%
SCG	Buy	SCANA CORP NEW	$1,023,000	+14.9%	18,189	+3.5%	0.81%	+23.2%
PNY	Buy	PIEDMONT NAT GAS INC	$1,021,000	+15.9%	25,474	+2.1%	0.81%	+24.0%
WEC	New	WEC ENERGY GROUP INC	$1,019,000	–	19,512	–	0.81%	–
AEP	Buy	AMERICAN ELEC PWR INC	$1,001,000	+7.6%	17,605	+0.3%	0.79%	+15.2%
UTX	Buy	UNITED TECHNOLOGIES CORP	$991,000	+89.5%	11,131	+136.2%	0.79%	+103.4%
DUK	Buy	DUKE ENERGY CORP NEW	$988,000	+8.5%	13,729	+6.4%	0.78%	+16.1%
HR	Buy	HEALTHCARE RLTY TR	$982,000	+17.3%	39,534	+9.8%	0.78%	+25.6%
LEG	Sell	LEGGETT & PLATT INC	$976,000	-25.7%	23,667	-12.3%	0.78%	-20.3%
PAYX	Sell	PAYCHEX INC	$975,000	-1.7%	20,470	-3.2%	0.77%	+5.3%
WFC	Sell	WELLS FARGO & CO NEW	$970,000	-13.8%	18,899	-5.5%	0.77%	-7.6%
EFT	Sell	EATON VANCE FLTING RATE INC	$969,000	-4.1%	73,174	-0.2%	0.77%	+2.8%
KMI	Buy	KINDER MORGAN INC DEL	$967,000	-0.8%	34,931	+37.6%	0.77%	+6.2%
VOD	Buy	VODAFONE GROUP PLC NEWspnsr adr no par	$964,000	-1.3%	30,360	+13.3%	0.76%	+5.7%
GAS	Sell	AGL RES INC	$952,000	+30.4%	15,593	-0.5%	0.76%	+39.7%
CM	Buy	CDN IMPERIAL BK COMM TORONTO	$933,000	+0.5%	12,959	+2.9%	0.74%	+7.7%
AAPL	Sell	APPLE INC	$929,000	-42.9%	8,424	-35.1%	0.74%	-38.9%
PM	Buy	PHILIP MORRIS INTL INC	$912,000	+3.2%	11,502	+4.4%	0.72%	+10.5%
MCHP	Buy	MICROCHIP TECHNOLOGY INC	$898,000	-8.4%	20,841	+0.8%	0.71%	-1.8%
EDE	Buy	EMPIRE DIST ELEC CO	$879,000	+4.4%	39,915	+3.3%	0.70%	+11.9%
AINV	Buy	APOLLO INVT CORP	$875,000	-7.3%	159,714	+19.8%	0.69%	-0.7%
TD	Buy	TORONTO DOMINION BK ONT	$874,000	+5.9%	22,168	+14.2%	0.69%	+13.6%
PSEC	Buy	PROSPECT CAPITAL CORPORATION	$873,000	+23.5%	122,404	+27.6%	0.69%	+32.3%
EXC	Buy	EXELON CORP	$872,000	+3.2%	29,374	+9.2%	0.69%	+10.5%
CVX	Buy	CHEVRON CORP NEW	$869,000	-13.6%	11,015	+5.6%	0.69%	-7.4%
BP	Buy	BP PLCsponsored adr	$852,000	-18.6%	27,893	+6.4%	0.68%	-12.8%
STX	Buy	SEAGATE TECHNOLOGY PLC	$849,000	-4.4%	18,954	+1.4%	0.67%	+2.4%
SON	Buy	SONOCO PRODS CO	$847,000	-11.5%	22,447	+0.6%	0.67%	-5.2%
D	Buy	DOMINION RES INC VA NEW	$845,000	+5.5%	12,002	+0.2%	0.67%	+13.2%
ES	Buy	EVERSOURCE ENERGY	$839,000	+12.6%	16,574	+1.1%	0.67%	+20.7%
ARCC	Buy	ARES CAP CORP	$827,000	-6.1%	57,129	+6.8%	0.66%	+0.5%
ABT	Sell	ABBOTT LABS	$823,000	-19.7%	20,473	-2.0%	0.65%	-14.0%
BNS	Buy	BANK N S HALIFAX	$817,000	-1.4%	18,532	+15.4%	0.65%	+5.5%
WR	Buy	WESTAR ENERGY INC	$816,000	+15.4%	21,240	+2.8%	0.65%	+23.7%
DTE	Sell	DTE ENERGY CO	$800,000	+7.4%	9,956	-0.3%	0.64%	+15.0%
NXPI	Sell	NXP SEMICONDUCTORS N V	$797,000	-13.2%	9,152	-2.1%	0.63%	-6.9%
PEG	Buy	PUBLIC SVC ENTERPRISE GROUP	$794,000	+9.4%	18,826	+1.9%	0.63%	+17.1%
BAX	Buy	BAXTER INTL INC	$793,000	-46.5%	24,146	+13.8%	0.63%	-42.7%
RDSA	Buy	ROYAL DUTCH SHELL PLCspons adr a	$791,000	-1.5%	16,688	+18.5%	0.63%	+5.5%
LNT	Sell	ALLIANT ENERGY CORP	$759,000	+1.2%	12,976	-0.1%	0.60%	+8.3%
SBUX	Buy	STARBUCKS CORP	$756,000	+24.5%	13,309	+17.6%	0.60%	+33.3%
ABBV	Sell	ABBVIE INC	$756,000	-19.1%	13,899	-0.2%	0.60%	-13.4%
RTN	New	RAYTHEON CO	$730,000	–	6,679	–	0.58%	–
CHL	Buy	CHINA MOBILE LIMITEDsponsored adr	$722,000	-6.7%	12,142	+0.5%	0.57%	0.0%
ALL	Sell	ALLSTATE CORP	$693,000	-13.5%	11,893	-3.7%	0.55%	-7.3%
CVS	Sell	CVS HEALTH CORP	$675,000	-11.6%	6,996	-3.9%	0.54%	-5.3%
JPM	Sell	JPMORGAN CHASE & CO	$666,000	-11.7%	10,920	-1.9%	0.53%	-5.2%
BPT	Buy	BP PRUDHOE BAY RTY TRunit ben int	$658,000	-7.6%	16,024	+38.9%	0.52%	-0.9%
USB	Sell	US BANCORP DEL	$656,000	-8.3%	15,990	-2.9%	0.52%	-1.7%
MCK	Sell	MCKESSON CORP	$593,000	-20.4%	3,205	-3.3%	0.47%	-14.7%
PHI	Buy	PHILIPPINE LONG DISTANCE TELsponsored adr	$565,000	-18.6%	12,236	+9.9%	0.45%	-12.8%
CSCO	Buy	CISCO SYS INC	$562,000	-1.9%	21,395	+2.6%	0.45%	+5.2%
POT	Sell	POTASH CORP SASK INC	$555,000	-46.2%	27,021	-18.8%	0.44%	-42.4%
ORCL	Sell	ORACLE CORP	$459,000	-15.0%	12,706	-5.2%	0.36%	-9.0%
PFE	Sell	PFIZER INC	$450,000	-8.9%	14,331	-2.6%	0.36%	-2.5%
XOM	Sell	EXXON MOBIL CORP	$444,000	-25.9%	5,968	-17.0%	0.35%	-20.7%
KO	Sell	COCA COLA CO	$431,000	-16.1%	10,741	-17.9%	0.34%	-10.2%
MS	Sell	MORGAN STANLEY	$429,000	-22.3%	13,613	-4.4%	0.34%	-16.9%
BXLT	New	BAXALTA INC	$428,000	–	13,574	–	0.34%	–
NEE	Sell	NEXTERA ENERGY INC	$421,000	-4.3%	4,312	-3.9%	0.33%	+2.5%
MDT	Sell	MEDTRONIC PLC	$420,000	-12.1%	6,270	-2.8%	0.33%	-5.9%
PSX	Sell	PHILLIPS 66	$411,000	-6.4%	5,345	-1.8%	0.33%	+0.3%
MA	Buy	MASTERCARD INCcl a	$405,000	-3.1%	4,496	+0.6%	0.32%	+3.5%
DLTR	Buy	DOLLAR TREE INC	$395,000	-10.4%	5,919	+6.1%	0.31%	-4.0%
CMCSA	Sell	COMCAST CORP NEWcl a	$394,000	-8.6%	6,931	-3.3%	0.31%	-1.9%
MSFT	Sell	MICROSOFT CORP	$388,000	-35.7%	8,763	-35.8%	0.31%	-31.1%
GOOGL	Buy	GOOGLE INCcl a	$374,000	+25.1%	586	+5.8%	0.30%	+34.4%
GOOG	Buy	GOOGLE INCcl c	$373,000	+27.3%	613	+8.9%	0.30%	+36.4%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$373,000	-41.5%	4,610	-35.7%	0.30%	-37.4%
SYMC	Sell	SYMANTEC CORP	$369,000	-26.9%	18,963	-12.7%	0.29%	-21.7%
C	Sell	CITIGROUP INC	$368,000	-35.1%	7,427	-27.7%	0.29%	-30.5%
KMB	Sell	KIMBERLY CLARK CORP	$356,000	-0.6%	3,268	-3.4%	0.28%	+6.8%
TEVA	Sell	TEVA PHARMACEUTICAL INDS LTDadr	$348,000	-12.1%	6,166	-8.0%	0.28%	-5.8%
JCI	Sell	JOHNSON CTLS INC	$305,000	-23.9%	7,371	-9.0%	0.24%	-18.5%
EMC	Sell	E M C CORP MASS	$301,000	-31.0%	12,466	-24.6%	0.24%	-26.0%
VMW	Sell	VMWARE INC	$293,000	-22.9%	3,716	-16.2%	0.23%	-17.1%
BLK	Sell	BLACKROCK INC	$292,000	-33.2%	981	-22.3%	0.23%	-28.4%
MO	Sell	ALTRIA GROUP INC	$289,000	+7.8%	5,305	-3.3%	0.23%	+15.1%
UNP	Sell	UNION PAC CORP	$279,000	-23.4%	3,153	-17.4%	0.22%	-18.1%
MYL	Sell	MYLAN N V	$278,000	-71.8%	6,907	-52.4%	0.22%	-69.7%
TRN	Sell	TRINITY INDS INC	$270,000	-29.3%	11,910	-17.7%	0.21%	-24.4%
SYK	Sell	STRYKER CORP	$269,000	-5.9%	2,863	-4.2%	0.21%	+0.5%
QCOM	Sell	QUALCOMM INC	$264,000	-47.6%	4,910	-38.9%	0.21%	-43.7%
SYY	Sell	SYSCO CORP	$262,000	-3.3%	6,715	-10.6%	0.21%	+3.5%
PXD	Sell	PIONEER NAT RES CO	$258,000	-18.1%	2,123	-6.4%	0.20%	-12.0%
ECL	Buy	ECOLAB INC	$251,000	+20.1%	2,290	+23.9%	0.20%	+28.4%
CPHD	New	CEPHEID	$227,000	–	5,030	–	0.18%	–
ADI	Sell	ANALOG DEVICES INC	$209,000	-41.3%	3,710	-33.2%	0.17%	-37.1%
CI	Sell	CIGNA CORPORATION	$207,000	-21.3%	1,535	-5.3%	0.16%	-15.9%
SRCL	New	STERICYCLE INC	$203,000	–	1,459	–	0.16%	–
TWO	Sell	TWO HBRS INVT CORP	$147,000	-31.9%	16,662	-24.7%	0.12%	-26.9%
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$134,000	–	17,276	–	0.11%	–
NUE	Exit	NUCOR CORP	$0	–	-4,204	–	-0.15%	–
CAM	Exit	CAMERON INTERNATIONAL CORP	$0	–	-4,267	–	-0.16%	–
KAR	Exit	KAR AUCTION SVCS INC	$0	–	-5,876	–	-0.16%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-5,714	–	-0.17%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,889	–	-0.17%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-3,137	–	-0.18%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-3,653	–	-0.19%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-2,666	–	-0.20%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX Fftse europe etf	$0	–	-5,059	–	-0.20%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-3,540	–	-0.21%	–
CMI	Exit	CUMMINS INC	$0	–	-2,340	–	-0.23%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-3,217	–	-0.23%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-4,135	–	-0.26%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-5,641	–	-0.36%	–
TGH	Exit	TEXTAINER GROUP HOLDINGS LTD	$0	–	-32,706	–	-0.63%	–
P105PS	Exit	INTEGRYS ENERGY GROUP INC	$0	–	-13,783	–	-0.71%	–

Q2 2015

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$7,187,000	–	34,915	–	5.32%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$4,061,000	–	64,500	–	3.01%	–
INTC	New	INTEL CORP	$3,226,000	–	106,054	–	2.39%	–
MCD	New	MCDONALDS CORP	$3,086,000	–	32,462	–	2.29%	–
AMLP	New	ALPS ETF TRalerian mlp	$2,960,000	–	190,222	–	2.19%	–
GE	New	GENERAL ELECTRIC CO	$2,792,000	–	105,079	–	2.07%	–
T	New	AT&T INC	$2,590,000	–	79,636	–	1.92%	–
BCE	New	BCE INC	$2,529,000	–	59,497	–	1.87%	–
WM	New	WASTE MGMT INC DEL	$2,436,000	–	52,548	–	1.80%	–
HEDJ	New	WISDOMTREE TReurope hedged eq	$2,412,000	–	39,163	–	1.79%	–
EXR	New	EXTRA SPACE STORAGE INC	$1,982,000	–	30,382	–	1.47%	–
DD	New	DU PONT E I DE NEMOURS & CO	$1,882,000	–	29,429	–	1.39%	–
MMM	New	3M CO	$1,829,000	–	11,854	–	1.36%	–
AAPL	New	APPLE INC	$1,628,000	–	12,976	–	1.21%	–
JNJ	New	JOHNSON & JOHNSON	$1,589,000	–	16,303	–	1.18%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,551,000	–	37,245	–	1.15%	–
RAI	New	REYNOLDS AMERICAN INC	$1,528,000	–	20,461	–	1.13%	–
BAX	New	BAXTER INTL INC	$1,483,000	–	21,210	–	1.10%	–
MRK	New	MERCK & CO INC NEW	$1,419,000	–	24,918	–	1.05%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,398,000	–	29,990	–	1.04%	–
PBCT	New	PEOPLES UNITED FINANCIAL INC	$1,383,000	–	85,345	–	1.02%	–
PSA	New	PUBLIC STORAGE	$1,364,000	–	7,400	–	1.01%	–
COP	New	CONOCOPHILLIPS	$1,351,000	–	21,998	–	1.00%	–
SLF	New	SUN LIFE FINL INC	$1,339,000	–	40,099	–	0.99%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,335,000	–	13,773	–	0.99%	–
LEG	New	LEGGETT & PLATT INC	$1,313,000	–	26,982	–	0.97%	–
LLY	New	LILLY ELI & CO	$1,303,000	–	15,608	–	0.96%	–
EMR	New	EMERSON ELEC CO	$1,284,000	–	23,169	–	0.95%	–
DOW	New	DOW CHEM CO	$1,250,000	–	24,425	–	0.93%	–
AFL	New	AFLAC INC	$1,209,000	–	19,443	–	0.90%	–
TTE	New	TOTAL S Asponsored adr	$1,130,000	–	22,988	–	0.84%	–
WFC	New	WELLS FARGO & CO NEW	$1,125,000	–	19,997	–	0.83%	–
HE	New	HAWAIIAN ELEC INDUSTRIES	$1,111,000	–	37,378	–	0.82%	–
SSS	New	SOVRAN SELF STORAGE INC	$1,095,000	–	12,600	–	0.81%	–
BP	New	BP PLCsponsored adr	$1,047,000	–	26,208	–	0.78%	–
O	New	REALTY INCOME CORP	$1,039,000	–	23,399	–	0.77%	–
POT	New	POTASH CORP SASK INC	$1,031,000	–	33,282	–	0.76%	–
ABT	New	ABBOTT LABS	$1,025,000	–	20,892	–	0.76%	–
SO	New	SOUTHERN CO	$1,024,000	–	24,431	–	0.76%	–
EFT	New	EATON VANCE FLTING RATE INC	$1,010,000	–	73,324	–	0.75%	–
CVX	New	CHEVRON CORP NEW	$1,006,000	–	10,430	–	0.74%	–
PAYX	New	PAYCHEX INC	$992,000	–	21,155	–	0.74%	–
MYL	New	MYLAN N V	$985,000	–	14,511	–	0.73%	–
XEL	New	XCEL ENERGY INC	$984,000	–	30,575	–	0.73%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$980,000	–	20,666	–	0.73%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr no par	$977,000	–	26,792	–	0.72%	–
KMI	New	KINDER MORGAN INC DEL	$975,000	–	25,391	–	0.72%	–
P105PS	New	INTEGRYS ENERGY GROUP INC	$960,000	–	13,783	–	0.71%	–
SON	New	SONOCO PRODS CO	$957,000	–	22,317	–	0.71%	–
AINV	New	APOLLO INVT CORP	$944,000	–	133,305	–	0.70%	–
ABBV	New	ABBVIE INC	$935,000	–	13,921	–	0.69%	–
AEP	New	AMERICAN ELEC PWR INC	$930,000	–	17,555	–	0.69%	–
CM	New	CDN IMPERIAL BK COMM TORONTO	$928,000	–	12,589	–	0.69%	–
NXPI	New	NXP SEMICONDUCTORS N V	$918,000	–	9,344	–	0.68%	–
DUK	New	DUKE ENERGY CORP NEW	$911,000	–	12,900	–	0.68%	–
SCG	New	SCANA CORP NEW	$890,000	–	17,570	–	0.66%	–
STX	New	SEAGATE TECHNOLOGY PLC	$888,000	–	18,699	–	0.66%	–
PM	New	PHILIP MORRIS INTL INC	$884,000	–	11,022	–	0.66%	–
PNY	New	PIEDMONT NAT GAS INC	$881,000	–	24,944	–	0.65%	–
ARCC	New	ARES CAP CORP	$881,000	–	53,514	–	0.65%	–
TE	New	TECO ENERGY INC	$853,000	–	48,306	–	0.63%	–
TGH	New	TEXTAINER GROUP HOLDINGS LTD	$851,000	–	32,706	–	0.63%	–
EXC	New	EXELON CORP	$845,000	–	26,909	–	0.63%	–
EDE	New	EMPIRE DIST ELEC CO	$842,000	–	38,635	–	0.62%	–
HR	New	HEALTHCARE RLTY TR	$837,000	–	35,999	–	0.62%	–
BNS	New	BANK N S HALIFAX	$829,000	–	16,062	–	0.61%	–
TD	New	TORONTO DOMINION BK ONT	$825,000	–	19,418	–	0.61%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$803,000	–	14,080	–	0.60%	–
ALL	New	ALLSTATE CORP	$801,000	–	12,353	–	0.59%	–
D	New	DOMINION RES INC VA NEW	$801,000	–	11,982	–	0.59%	–
CHL	New	CHINA MOBILE LIMITEDsponsored adr	$774,000	–	12,076	–	0.57%	–
CVS	New	CVS HEALTH CORP	$764,000	–	7,281	–	0.57%	–
JPM	New	JPMORGAN CHASE & CO	$754,000	–	11,134	–	0.56%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$750,000	–	16,400	–	0.56%	–
LNT	New	ALLIANT ENERGY CORP	$750,000	–	12,986	–	0.56%	–
ES	New	EVERSOURCE ENERGY	$745,000	–	16,399	–	0.55%	–
MCK	New	MCKESSON CORP	$745,000	–	3,315	–	0.55%	–
DTE	New	DTE ENERGY CO	$745,000	–	9,986	–	0.55%	–
GAS	New	AGL RES INC	$730,000	–	15,668	–	0.54%	–
PEG	New	PUBLIC SVC ENTERPRISE GROUP	$726,000	–	18,481	–	0.54%	–
USB	New	US BANCORP DEL	$715,000	–	16,475	–	0.53%	–
BPT	New	BP PRUDHOE BAY RTY TRunit ben int	$712,000	–	11,534	–	0.53%	–
PG	New	PROCTER & GAMBLE CO	$712,000	–	9,101	–	0.53%	–
PSEC	New	PROSPECT CAPITAL CORPORATION	$707,000	–	95,924	–	0.52%	–
WR	New	WESTAR ENERGY INC	$707,000	–	20,665	–	0.52%	–
PHI	New	PHILIPPINE LONG DISTANCE TELsponsored adr	$694,000	–	11,136	–	0.51%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$638,000	–	7,171	–	0.47%	–
SBUX	New	STARBUCKS CORP	$607,000	–	11,315	–	0.45%	–
MSFT	New	MICROSOFT CORP	$603,000	–	13,648	–	0.45%	–
XOM	New	EXXON MOBIL CORP	$599,000	–	7,194	–	0.44%	–
CSCO	New	CISCO SYS INC	$573,000	–	20,850	–	0.42%	–
C	New	CITIGROUP INC	$567,000	–	10,269	–	0.42%	–
MS	New	MORGAN STANLEY	$552,000	–	14,236	–	0.41%	–
HD	New	HOME DEPOT INC	$543,000	–	4,882	–	0.40%	–
ORCL	New	ORACLE CORP	$540,000	–	13,399	–	0.40%	–
UTX	New	UNITED TECHNOLOGIES CORP	$523,000	–	4,712	–	0.39%	–
KO	New	COCA COLA CO	$514,000	–	13,090	–	0.38%	–
SYMC	New	SYMANTEC CORP	$505,000	–	21,725	–	0.37%	–
QCOM	New	QUALCOMM INC	$504,000	–	8,040	–	0.37%	–
PFE	New	PFIZER INC	$494,000	–	14,721	–	0.37%	–
SLB	New	SCHLUMBERGER LTD	$486,000	–	5,641	–	0.36%	–
MDT	New	MEDTRONIC PLC	$478,000	–	6,448	–	0.35%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$472,000	–	4,975	–	0.35%	–
LOW	New	LOWES COS INC	$471,000	–	7,026	–	0.35%	–
VTV	New	VANGUARD INDEX FDSvalue etf	$455,000	–	5,461	–	0.34%	–
DLTR	New	DOLLAR TREE INC	$441,000	–	5,577	–	0.33%	–
NEE	New	NEXTERA ENERGY INC	$440,000	–	4,485	–	0.33%	–
PSX	New	PHILLIPS 66	$439,000	–	5,445	–	0.32%	–
BLK	New	BLACKROCK INC	$437,000	–	1,263	–	0.32%	–
EMC	New	E M C CORP MASS	$436,000	–	16,524	–	0.32%	–
NVDA	New	NVIDIA CORP	$432,000	–	21,497	–	0.32%	–
CMCSA	New	COMCAST CORP NEWcl a	$431,000	–	7,167	–	0.32%	–
MA	New	MASTERCARD INCcl a	$418,000	–	4,471	–	0.31%	–
JCI	New	JOHNSON CTLS INC	$401,000	–	8,103	–	0.30%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$396,000	–	6,699	–	0.29%	–
TRN	New	TRINITY INDS INC	$382,000	–	14,470	–	0.28%	–
VMW	New	VMWARE INC	$380,000	–	4,436	–	0.28%	–
UNP	New	UNION PAC CORP	$364,000	–	3,816	–	0.27%	–
KMB	New	KIMBERLY CLARK CORP	$358,000	–	3,383	–	0.26%	–
ADI	New	ANALOG DEVICES INC	$356,000	–	5,550	–	0.26%	–
AKAM	New	AKAMAI TECHNOLOGIES INC	$356,000	–	5,097	–	0.26%	–
CAT	New	CATERPILLAR INC DEL	$351,000	–	4,135	–	0.26%	–
PXD	New	PIONEER NAT RES CO	$315,000	–	2,268	–	0.23%	–
ACN	New	ACCENTURE PLC IRELAND	$311,000	–	3,217	–	0.23%	–
CMI	New	CUMMINS INC	$307,000	–	2,340	–	0.23%	–
GOOGL	New	GOOGLE INCcl a	$299,000	–	554	–	0.22%	–
GOOG	New	GOOGLE INCcl c	$293,000	–	563	–	0.22%	–
CHD	New	CHURCH & DWIGHT INC	$287,000	–	3,540	–	0.21%	–
SYK	New	STRYKER CORP	$286,000	–	2,988	–	0.21%	–
VGK	New	VANGUARD INTL EQUITY INDEX Fftse europe etf	$273,000	–	5,059	–	0.20%	–
SYY	New	SYSCO CORP	$271,000	–	7,515	–	0.20%	–
MO	New	ALTRIA GROUP INC	$268,000	–	5,485	–	0.20%	–
WYNN	New	WYNN RESORTS LTD	$263,000	–	2,666	–	0.20%	–
CI	New	CIGNA CORPORATION	$263,000	–	1,621	–	0.20%	–
WMT	New	WAL-MART STORES INC	$259,000	–	3,653	–	0.19%	–
TROW	New	PRICE T ROWE GROUP INC	$244,000	–	3,137	–	0.18%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$229,000	–	1,889	–	0.17%	–
CNK	New	CINEMARK HOLDINGS INC	$230,000	–	5,714	–	0.17%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$224,000	–	2,077	–	0.17%	–
KAR	New	KAR AUCTION SVCS INC	$220,000	–	5,876	–	0.16%	–
TWO	New	TWO HBRS INVT CORP	$216,000	–	22,140	–	0.16%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$216,000	–	2,887	–	0.16%	–
CAM	New	CAMERON INTERNATIONAL CORP	$213,000	–	4,267	–	0.16%	–
ECL	New	ECOLAB INC	$209,000	–	1,848	–	0.16%	–
NUE	New	NUCOR CORP	$206,000	–	4,204	–	0.15%	–
LIQT	New	LIQTECH INTL INC	$8,000	–	10,000	–	0.01%	–

Q4 2014

			Value		Shares		↓ Weighting
RJI	Exit	SWEDISH EXPT CR CORProg ttl etn 22	$0	–	-10,525	–	-0.06%	–
OTTR	Exit	OTTER TAIL CORP	$0	–	-7,612	–	-0.14%	–
KAR	Exit	KAR AUCTION SVCS INC	$0	–	-7,186	–	-0.15%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-2,077	–	-0.15%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,889	–	-0.15%	–
ESV	Exit	ENSCO PLC	$0	–	-5,216	–	-0.15%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-6,721	–	-0.16%	–
FDO	Exit	FAMILY DLR STORES INC	$0	–	-3,046	–	-0.17%	–
NUE	Exit	NUCOR CORP	$0	–	-4,349	–	-0.17%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-3,337	–	-0.17%	–
HAL	Exit	HALLIBURTON CO	$0	–	-4,046	–	-0.19%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,461	–	-0.19%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-3,613	–	-0.20%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX Fftse europe etf	$0	–	-5,059	–	-0.20%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-4,092	–	-0.21%	–
SYK	Exit	STRYKER CORP	$0	–	-3,638	–	-0.21%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-6,412	–	-0.21%	–
CAM	Exit	CAMERON INTERNATIONAL CORP	$0	–	-4,517	–	-0.22%	–
CBI	Exit	CHICAGO BRIDGE & IRON CO N V	$0	–	-5,181	–	-0.22%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,516	–	-0.22%	–
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-39,705	–	-0.22%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-3,918	–	-0.22%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-3,835	–	-0.22%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-564	–	-0.23%	–
SNDK	Exit	SANDISK CORP	$0	–	-3,450	–	-0.24%	–
SYY	Exit	SYSCO CORP	$0	–	-9,089	–	-0.25%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-584	–	-0.25%	–
CMI	Exit	CUMMINS INC	$0	–	-2,612	–	-0.25%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-7,041	–	-0.25%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-6,226	–	-0.25%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-4,630	–	-0.25%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-8,095	–	-0.26%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-3,715	–	-0.26%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-4,936	–	-0.26%	–
ROSE	Exit	ROSETTA RESOURCES INC	$0	–	-8,326	–	-0.27%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-4,927	–	-0.27%	–
MFC	Exit	MANULIFE FINL CORP	$0	–	-19,635	–	-0.27%	–
AKAM	Exit	AKAMAI TECHNOLOGIES INC	$0	–	-6,372	–	-0.27%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-3,868	–	-0.30%	–
LOW	Exit	LOWES COS INC	$0	–	-8,162	–	-0.31%	–
VTV	Exit	VANGUARD INDEX FDSvalue etf	$0	–	-5,461	–	-0.32%	–
MDT	Exit	MEDTRONIC INC	$0	–	-7,136	–	-0.32%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-4,725	–	-0.32%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-8,310	–	-0.32%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-4,975	–	-0.32%	–
NVDA	Exit	NVIDIA CORP	$0	–	-24,495	–	-0.32%	–
UNP	Exit	UNION PAC CORP	$0	–	-4,199	–	-0.33%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-8,675	–	-0.34%	–
BLK	Exit	BLACKROCK INC	$0	–	-1,433	–	-0.34%	–
PSX	Exit	PHILLIPS 66	$0	–	-5,863	–	-0.34%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-7,817	–	-0.35%	–
BAX	Exit	BAXTER INTL INC	$0	–	-6,798	–	-0.35%	–
PFE	Exit	PFIZER INC	$0	–	-16,879	–	-0.36%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-5,084	–	-0.36%	–
MS	Exit	MORGAN STANLEY	$0	–	-14,636	–	-0.36%	–
HD	Exit	HOME DEPOT INC	$0	–	-5,573	–	-0.37%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-2,604	–	-0.37%	–
SYMC	Exit	SYMANTEC CORP	$0	–	-23,575	–	-0.40%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-7,853	–	-0.40%	–
VMW	Exit	VMWARE INC	$0	–	-5,931	–	-0.40%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-5,283	–	-0.40%	–
ORCL	Exit	ORACLE CORP	$0	–	-14,724	–	-0.40%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-3,071	–	-0.41%	–
EMC	Exit	E M C CORP MASS	$0	–	-19,860	–	-0.42%	–
CSCO	Exit	CISCO SYS INC	$0	–	-23,096	–	-0.42%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-7,770	–	-0.44%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-5,196	–	-0.44%	–
C	Exit	CITIGROUP INC	$0	–	-12,027	–	-0.45%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-6,145	–	-0.45%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-9,673	–	-0.47%	–
KO	Exit	COCA COLA CO	$0	–	-15,914	–	-0.49%	–
QCOM	Exit	QUALCOMM INC	$0	–	-9,139	–	-0.49%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,548	–	-0.50%	–
WR	Exit	WESTAR ENERGY INC	$0	–	-20,482	–	-0.50%	–
PHI	Exit	PHILIPPINE LONG DISTANCE TELsponsored adr	$0	–	-10,283	–	-0.51%	–
PEG	Exit	PUBLIC SVC ENTERPRISE GROUP	$0	–	-19,323	–	-0.52%	–
TRN	Exit	TRINITY INDS INC	$0	–	-15,415	–	-0.52%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-12,036	–	-0.52%	–
LNT	Exit	ALLIANT ENERGY CORP	$0	–	-13,118	–	-0.52%	–
NU	Exit	NORTHEAST UTILS	$0	–	-16,658	–	-0.53%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.54%	–
PSEC	Exit	PROSPECT CAPITAL CORPORATION	$0	–	-75,595	–	-0.54%	–
CHL	Exit	CHINA MOBILE LIMITEDsponsored adr	$0	–	-12,878	–	-0.54%	–
DTE	Exit	DTE ENERGY CO	$0	–	-10,006	–	-0.54%	–
GAS	Exit	AGL RES INC	$0	–	-15,280	–	-0.56%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-23,896	–	-0.56%	–
MFA	Exit	MFA FINL INC	$0	–	-102,655	–	-0.57%	–
ARCC	Exit	ARES CAP CORP	$0	–	-49,579	–	-0.57%	–
MYL	Exit	MYLAN INC	$0	–	-17,648	–	-0.58%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-9,702	–	-0.58%	–
T104PS	Exit	AMERICAN RLTY CAP PPTYS INC	$0	–	-67,790	–	-0.59%	–
PNY	Exit	PIEDMONT NAT GAS INC	$0	–	-24,510	–	-0.59%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-11,915	–	-0.59%	–
HR	Exit	HEALTHCARE RLTY TR	$0	–	-35,150	–	-0.60%	–
TE	Exit	TECO ENERGY INC	$0	–	-47,994	–	-0.60%	–
ABBV	Exit	ABBVIE INC	$0	–	-14,476	–	-0.60%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-8,915	–	-0.60%	–
SCG	Exit	SCANA CORP NEW	$0	–	-17,255	–	-0.61%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-17,463	–	-0.62%	–
TGH	Exit	TEXTAINER GROUP HOLDINGS LTD	$0	–	-27,735	–	-0.62%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-39,670	–	-0.62%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-26,722	–	-0.62%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-10,541	–	-0.63%	–
BNS	Exit	BANK N S HALIFAX	$0	–	-14,300	–	-0.63%	–
SON	Exit	SONOCO PRODS CO	$0	–	-22,688	–	-0.64%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-23,555	–	-0.65%	–
P105PS	Exit	INTEGRYS ENERGY GROUP INC	$0	–	-13,995	–	-0.65%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-22,845	–	-0.65%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-11,981	–	-0.65%	–
BPT	Exit	BP PRUDHOE BAY RTY TRunit ben int	$0	–	-9,702	–	-0.66%	–
EXC	Exit	EXELON CORP	$0	–	-27,234	–	-0.66%	–
ABT	Exit	ABBOTT LABS	$0	–	-22,453	–	-0.67%	–
SSS	Exit	SOVRAN SELF STORAGE INC	$0	–	-12,600	–	-0.67%	–
BP	Exit	BP PLCsponsored adr	$0	–	-21,365	–	-0.67%	–
USB	Exit	US BANCORP DEL	$0	–	-22,451	–	-0.67%	–
CAG	Exit	CONAGRA FOODS INC	$0	–	-28,585	–	-0.68%	–
O	Exit	REALTY INCOME CORP	$0	–	-23,440	–	-0.68%	–
EDE	Exit	EMPIRE DIST ELEC CO	$0	–	-39,570	–	-0.68%	–
AEP	Exit	AMERICAN ELEC PWR INC	$0	–	-18,391	–	-0.69%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-21,052	–	-0.69%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-12,980	–	-0.70%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-20,580	–	-0.70%	–
DRI	Exit	DARDEN RESTAURANTS INC	$0	–	-18,923	–	-0.70%	–
AINV	Exit	APOLLO INVT CORP	$0	–	-120,515	–	-0.71%	–
LEG	Exit	LEGGETT & PLATT INC	$0	–	-28,222	–	-0.71%	–
PAYX	Exit	PAYCHEX INC	$0	–	-22,360	–	-0.71%	–
LO	Exit	LORILLARD INC	$0	–	-16,795	–	-0.72%	–
ALL	Exit	ALLSTATE CORP	$0	–	-16,624	–	-0.73%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-17,419	–	-0.74%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-33,946	–	-0.74%	–
SO	Exit	SOUTHERN CO	$0	–	-24,049	–	-0.75%	–
CM	Exit	CDN IMPERIAL BK COMM TORONTO	$0	–	-11,769	–	-0.76%	–
DOW	Exit	DOW CHEM CO	$0	–	-20,195	–	-0.76%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-9,773	–	-0.76%	–
ISIL	Exit	INTERSIL CORPcl a	$0	–	-74,865	–	-0.76%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-110,408	–	-0.76%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-74,849	–	-0.78%	–
LLY	Exit	LILLY ELI & CO	$0	–	-16,998	–	-0.79%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-19,267	–	-0.79%	–
AFL	Exit	AFLAC INC	$0	–	-19,533	–	-0.82%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,400	–	-0.88%	–
PBCT	Exit	PEOPLES UNITED FINANCIAL INC	$0	–	-89,144	–	-0.92%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,680	–	-0.96%	–
SLF	Exit	SUN LIFE FINL INC	$0	–	-37,364	–	-0.97%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-21,085	–	-0.97%	–
AAPL	Exit	APPLE INC	$0	–	-13,553	–	-0.98%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-27,264	–	-1.01%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-30,153	–	-1.08%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-25,836	–	-1.10%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-1.12%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-30,756	–	-1.13%	–
MMM	Exit	3M CO	$0	–	-11,829	–	-1.20%	–
IDV	Exit	ISHARESintl sel div etf	$0	–	-55,975	–	-1.44%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-28,080	–	-1.44%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-52,086	–	-1.77%	–
MCD	Exit	MCDONALDS CORP	$0	–	-26,279	–	-1.79%	–
BCE	Exit	BCE INC	$0	–	-58,614	–	-1.80%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-104,067	–	-1.91%	–
T	Exit	AT&T INC	$0	–	-80,657	–	-2.04%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-154,495	–	-2.12%	–
INTC	Exit	INTEL CORP	$0	–	-104,609	–	-2.61%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-43,396	–	-6.13%	–

Q3 2014

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$8,550,000	-4.2%	43,396	-4.8%	6.13%	-2.3%
INTC	Sell	INTEL CORP	$3,642,000	+11.5%	104,609	-1.1%	2.61%	+13.7%
AMLP	Buy	ALPS ETF TRalerian mlp	$2,962,000	+7.4%	154,495	+6.4%	2.12%	+9.5%
T	Buy	AT&T INC	$2,842,000	+0.2%	80,657	+0.6%	2.04%	+2.2%
GE	Buy	GENERAL ELECTRIC CO	$2,666,000	-1.5%	104,067	+1.1%	1.91%	+0.4%
BCE	Buy	BCE INC	$2,506,000	-3.4%	58,614	+2.5%	1.80%	-1.4%
MCD	Buy	MCDONALDS CORP	$2,492,000	-4.6%	26,279	+1.4%	1.79%	-2.7%
WM	Buy	WASTE MGMT INC DEL	$2,476,000	+9.6%	52,086	+3.1%	1.77%	+11.8%
DD	Sell	DU PONT E I DE NEMOURS & CO	$2,015,000	+7.9%	28,080	-1.6%	1.44%	+10.0%
IDV	Buy	ISHARESintl sel div etf	$2,003,000	-7.1%	55,975	+3.5%	1.44%	-5.3%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$1,574,000	+5.6%	30,756	+0.1%	1.13%	+7.7%
MRK	Sell	MERCK & CO INC NEW	$1,532,000	+1.0%	25,836	-1.5%	1.10%	+3.0%
VZ	Buy	VERIZON COMMUNICATIONS INC	$1,507,000	+4.8%	30,153	+2.6%	1.08%	+6.8%
WFC	Sell	WELLS FARGO & CO NEW	$1,414,000	-5.4%	27,264	-4.1%	1.01%	-3.6%
AAPL	Sell	APPLE INC	$1,365,000	+2.6%	13,553	-5.4%	0.98%	+4.6%
TTE	Buy	TOTAL S Asponsored adr	$1,359,000	-7.8%	21,085	+3.3%	0.97%	-6.0%
SLF	Buy	SUN LIFE FINL INC	$1,355,000	+0.7%	37,364	+2.0%	0.97%	+2.8%
PBCT	Buy	PEOPLES UNITED FINANCIAL INC	$1,290,000	-3.1%	89,144	+1.6%	0.92%	-1.2%
PSA	Buy	PUBLIC STORAGE	$1,227,000	-0.6%	7,400	+2.8%	0.88%	+1.4%
AFL	Buy	AFLAC INC	$1,138,000	-6.2%	19,533	+0.2%	0.82%	-4.3%
LLY	Buy	LILLY ELI & CO	$1,102,000	+7.9%	16,998	+3.5%	0.79%	+10.2%
STX	Sell	SEAGATE TECHNOLOGY PLC	$1,103,000	-2.6%	19,267	-3.4%	0.79%	-0.8%
TWO	Buy	TWO HBRS INVT CORP	$1,068,000	-3.4%	110,408	+4.6%	0.76%	-1.5%
ISIL	Buy	INTERSIL CORPcl a	$1,064,000	-2.3%	74,865	+2.8%	0.76%	-0.4%
LYB	Buy	LYONDELLBASELL INDUSTRIES N	$1,062,000	+13.3%	9,773	+1.9%	0.76%	+15.7%
DOW	Buy	DOW CHEM CO	$1,059,000	+5.0%	20,195	+3.0%	0.76%	+7.1%
CM	Buy	CDN IMPERIAL BK COMM TORONTO	$1,057,000	+0.4%	11,769	+1.7%	0.76%	+2.3%
SO	Buy	SOUTHERN CO	$1,050,000	-2.1%	24,049	+1.8%	0.75%	-0.1%
XEL	Buy	XCEL ENERGY INC	$1,032,000	-2.1%	33,946	+3.8%	0.74%	-0.1%
RAI	Buy	REYNOLDS AMERICAN INC	$1,028,000	+2.6%	17,419	+4.9%	0.74%	+4.7%
ALL	Sell	ALLSTATE CORP	$1,020,000	-1.4%	16,624	-5.7%	0.73%	+0.6%
LO	Buy	LORILLARD INC	$1,006,000	+0.9%	16,795	+2.7%	0.72%	+2.9%
PAYX	Buy	PAYCHEX INC	$988,000	+11.9%	22,360	+5.2%	0.71%	+14.2%
LEG	Buy	LEGGETT & PLATT INC	$986,000	+9.9%	28,222	+7.9%	0.71%	+12.2%
AINV	Buy	APOLLO INVT CORP	$985,000	+1.1%	120,515	+6.5%	0.71%	+3.2%
DRI	Buy	DARDEN RESTAURANTS INC	$974,000	+21.6%	18,923	+9.3%	0.70%	+24.0%
MCHP	Buy	MICROCHIP TECHNOLOGY INC	$972,000	+2.6%	20,580	+6.1%	0.70%	+4.8%
DUK	Buy	DUKE ENERGY CORP NEW	$971,000	+6.0%	12,980	+5.1%	0.70%	+8.1%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$968,000	-3.7%	21,052	+12.0%	0.69%	-1.7%
AEP	Buy	AMERICAN ELEC PWR INC	$960,000	-3.6%	18,391	+3.0%	0.69%	-1.7%
EDE	Buy	EMPIRE DIST ELEC CO	$956,000	-4.6%	39,570	+1.4%	0.68%	-2.7%
O	Buy	REALTY INCOME CORP	$956,000	-1.6%	23,440	+7.1%	0.68%	+0.3%
CAG	Buy	CONAGRA FOODS INC	$944,000	+21.6%	28,585	+9.4%	0.68%	+24.0%
BP	Buy	BP PLCsponsored adr	$939,000	-12.6%	21,365	+4.9%	0.67%	-10.9%
USB	Sell	US BANCORP DEL	$939,000	-8.1%	22,451	-4.9%	0.67%	-6.3%
ABT	Sell	ABBOTT LABS	$934,000	-1.0%	22,453	-2.6%	0.67%	+0.9%
EXC	Buy	EXELON CORP	$928,000	-1.2%	27,234	+5.8%	0.66%	+0.8%
BPT	Buy	BP PRUDHOE BAY RTY TRunit ben int	$914,000	+1.7%	9,702	+6.8%	0.66%	+3.6%
RDSA	Buy	ROYAL DUTCH SHELL PLCspons adr a	$912,000	-3.6%	11,981	+4.3%	0.65%	-1.7%
VEA	Sell	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$908,000	-15.8%	22,845	-9.8%	0.65%	-14.1%
P105PS	Buy	INTEGRYS ENERGY GROUP INC	$907,000	-7.6%	13,995	+1.4%	0.65%	-5.8%
KMI	Buy	KINDER MORGAN INC DEL	$903,000	+12.9%	23,555	+6.8%	0.65%	+15.1%
SON	Buy	SONOCO PRODS CO	$891,000	-4.3%	22,688	+7.0%	0.64%	-2.4%
BNS	Buy	BANK N S HALIFAX	$884,000	-3.6%	14,300	+3.9%	0.63%	-1.7%
PM	Buy	PHILIP MORRIS INTL INC	$879,000	+8.8%	10,541	+10.0%	0.63%	+10.9%
FCX	Buy	FREEPORT-MCMORAN INCcl b	$872,000	-8.1%	26,722	+2.8%	0.62%	-6.3%
STWD	Buy	STARWOOD PPTY TR INC	$871,000	-2.4%	39,670	+5.7%	0.62%	-0.5%
TD	Buy	TORONTO DOMINION BK ONT	$862,000	+1.8%	17,463	+6.0%	0.62%	+3.9%
TGH	Buy	TEXTAINER GROUP HOLDINGS LTD	$863,000	-11.9%	27,735	+9.3%	0.62%	-10.3%
SCG	Buy	SCANA CORP NEW	$856,000	-2.8%	17,255	+5.4%	0.61%	-1.0%
XOM	Sell	EXXON MOBIL CORP	$842,000	-8.9%	8,915	-2.8%	0.60%	-7.1%
ABBV	Buy	ABBVIE INC	$836,000	+3.1%	14,476	+0.7%	0.60%	+5.1%
TE	Buy	TECO ENERGY INC	$834,000	+1.2%	47,994	+7.7%	0.60%	+3.3%
HR	Buy	HEALTHCARE RLTY TR	$832,000	-0.4%	35,150	+7.0%	0.60%	+1.5%
D	Buy	DOMINION RES INC VA NEW	$823,000	+0.5%	11,915	+4.1%	0.59%	+2.4%
PNY	Buy	PIEDMONT NAT GAS INC	$822,000	-3.1%	24,510	+8.1%	0.59%	-1.2%
T104PS	Buy	AMERICAN RLTY CAP PPTYS INC	$818,000	+2.0%	67,790	+6.0%	0.59%	+3.9%
PG	Sell	PROCTER & GAMBLE CO	$812,000	+2.3%	9,702	-4.0%	0.58%	+4.3%
MYL	Sell	MYLAN INC	$803,000	-17.0%	17,648	-6.0%	0.58%	-15.4%
ARCC	Buy	ARES CAP CORP	$801,000	-1.7%	49,579	+8.6%	0.57%	+0.2%
MFA	Buy	MFA FINL INC	$799,000	+3.0%	102,655	+8.6%	0.57%	+5.1%
VOD	Buy	VODAFONE GROUP PLC NEWspnsr adr no par	$786,000	+14.9%	23,896	+16.6%	0.56%	+17.0%
GAS	Buy	AGL RES INC	$784,000	-3.8%	15,280	+3.2%	0.56%	-1.9%
DTE	Buy	DTE ENERGY CO	$761,000	+2.1%	10,006	+4.7%	0.54%	+4.0%
CHL	Buy	CHINA MOBILE LIMITEDsponsored adr	$757,000	+25.3%	12,878	+3.7%	0.54%	+27.8%
PSEC	Buy	PROSPECT CAPITAL CORPORATION	$748,000	+0.3%	75,595	+7.7%	0.54%	+2.3%
NU	Buy	NORTHEAST UTILS	$738,000	-0.4%	16,658	+6.2%	0.53%	+1.5%
LNT	Buy	ALLIANT ENERGY CORP	$727,000	-5.8%	13,118	+3.4%	0.52%	-3.9%
JPM	Sell	JPMORGAN CHASE & CO	$725,000	+0.7%	12,036	-3.7%	0.52%	+2.8%
PEG	Buy	PUBLIC SVC ENTERPRISE GROUP	$720,000	-2.8%	19,323	+6.4%	0.52%	-1.0%
TRN	Sell	TRINITY INDS INC	$720,000	-1.5%	15,415	-7.8%	0.52%	+0.4%
PHI	Buy	PHILIPPINE LONG DISTANCE TELsponsored adr	$709,000	+6.5%	10,283	+4.0%	0.51%	+8.5%
WR	Buy	WESTAR ENERGY INC	$699,000	-6.9%	20,482	+4.2%	0.50%	-5.1%
MCK	Sell	MCKESSON CORP	$691,000	-10.4%	3,548	-14.3%	0.50%	-8.7%
QCOM	Sell	QUALCOMM INC	$683,000	-11.0%	9,139	-5.7%	0.49%	-9.3%
KO	Sell	COCA COLA CO	$679,000	-4.6%	15,914	-5.3%	0.49%	-2.6%
NXPI	Sell	NXP SEMICONDUCTORS N V	$662,000	-6.6%	9,673	-9.7%	0.47%	-4.8%
SLB	Sell	SCHLUMBERGER LTD	$625,000	-23.6%	6,145	-11.4%	0.45%	-22.1%
C	Sell	CITIGROUP INC	$623,000	+3.7%	12,027	-5.8%	0.45%	+5.7%
CVX	Buy	CHEVRON CORP NEW	$620,000	-7.7%	5,196	+0.9%	0.44%	-5.9%
CVS	Sell	CVS HEALTH CORP	$618,000	-1.4%	7,770	-6.6%	0.44%	+0.5%
EMC	Sell	E M C CORP MASS	$581,000	+8.8%	19,860	-2.0%	0.42%	+10.9%
CSCO	Sell	CISCO SYS INC	$581,000	-2.8%	23,096	-4.0%	0.42%	-1.0%
WYNN	Sell	WYNN RESORTS LTD	$575,000	-17.1%	3,071	-8.2%	0.41%	-15.6%
ORCL	Sell	ORACLE CORP	$564,000	-10.3%	14,724	-5.1%	0.40%	-8.6%
UTX	Sell	UNITED TECHNOLOGIES CORP	$558,000	-13.6%	5,283	-5.6%	0.40%	-11.9%
VMW	Sell	VMWARE INC	$557,000	-8.7%	5,931	-5.9%	0.40%	-7.0%
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$555,000	-3.1%	7,853	-4.9%	0.40%	-1.2%
SYMC	Sell	SYMANTEC CORP	$554,000	-6.1%	23,575	-8.5%	0.40%	-4.3%
PXD	Sell	PIONEER NAT RES CO	$513,000	-22.6%	2,604	-9.7%	0.37%	-21.0%
HD	Sell	HOME DEPOT INC	$511,000	+7.4%	5,573	-5.3%	0.37%	+9.6%
MS	Sell	MORGAN STANLEY	$506,000	-5.2%	14,636	-11.3%	0.36%	-3.2%
CAT	Sell	CATERPILLAR INC DEL	$503,000	-15.2%	5,084	-6.9%	0.36%	-13.7%
PFE	Sell	PFIZER INC	$499,000	-7.1%	16,879	-6.6%	0.36%	-5.0%
EMR	Sell	EMERSON ELEC CO	$489,000	-10.4%	7,817	-5.1%	0.35%	-8.9%
BAX	Sell	BAXTER INTL INC	$488,000	-5.4%	6,798	-4.8%	0.35%	-3.6%
PSX	Sell	PHILLIPS 66	$477,000	-7.4%	5,863	-8.5%	0.34%	-5.5%
BLK	Sell	BLACKROCK INC	$470,000	-6.0%	1,433	-8.5%	0.34%	-4.0%
CMCSA	Sell	COMCAST CORP NEWcl a	$467,000	-3.5%	8,675	-3.9%	0.34%	-1.5%
UNP	Sell	UNION PAC CORP	$455,000	+0.4%	4,199	-7.6%	0.33%	+2.5%
NVDA	Sell	NVIDIA CORP	$452,000	-9.1%	24,495	-8.5%	0.32%	-7.2%
VV	New	VANGUARD INDEX FDSlarge cap etf	$450,000	–	4,975	–	0.32%	–
TEVA	Sell	TEVA PHARMACEUTICAL INDS LTDadr	$447,000	-3.7%	8,310	-6.0%	0.32%	-1.8%
NEE	Sell	NEXTERA ENERGY INC	$444,000	-10.3%	4,725	-2.1%	0.32%	-8.6%
MDT	Sell	MEDTRONIC INC	$442,000	-7.9%	7,136	-5.2%	0.32%	-5.9%
VTV	New	VANGUARD INDEX FDSvalue etf	$443,000	–	5,461	–	0.32%	–
LOW	Sell	LOWES COS INC	$432,000	+2.6%	8,162	-6.9%	0.31%	+4.7%
KMB	Sell	KIMBERLY CLARK CORP	$416,000	-9.6%	3,868	-6.5%	0.30%	-7.7%
AKAM	Sell	AKAMAI TECHNOLOGIES INC	$381,000	-10.1%	6,372	-8.1%	0.27%	-8.4%
MFC	New	MANULIFE FINL CORP	$378,000	–	19,635	–	0.27%	–
SBUX	Sell	STARBUCKS CORP	$372,000	-9.7%	4,927	-7.4%	0.27%	-7.9%
ROSE	Sell	ROSETTA RESOURCES INC	$371,000	-25.2%	8,326	-7.9%	0.27%	-23.8%
MA	Sell	MASTERCARD INCcl a	$365,000	-6.9%	4,936	-7.5%	0.26%	-4.7%
OXY	Sell	OCCIDENTAL PETE CORP DEL	$357,000	-10.5%	3,715	-4.4%	0.26%	-8.6%
JCI	Sell	JOHNSON CTLS INC	$356,000	-18.2%	8,095	-7.1%	0.26%	-16.7%
WMT	Sell	WAL-MART STORES INC	$354,000	-1.4%	4,630	-3.3%	0.25%	+0.8%
DLTR	Sell	DOLLAR TREE INC	$349,000	-6.2%	6,226	-8.8%	0.25%	-4.2%
ADI	Sell	ANALOG DEVICES INC	$348,000	-14.1%	7,041	-6.0%	0.25%	-12.6%
SYY	Sell	SYSCO CORP	$345,000	-6.0%	9,089	-7.2%	0.25%	-4.3%
CMI	Sell	CUMMINS INC	$345,000	-21.8%	2,612	-8.6%	0.25%	-20.3%
GOOGL	Sell	GOOGLE INCcl a	$344,000	-11.1%	584	-11.8%	0.25%	-9.2%
SNDK	Sell	SANDISK CORP	$338,000	-23.9%	3,450	-18.8%	0.24%	-22.4%
GOOG	Sell	GOOGLE INCcl c	$326,000	-13.1%	564	-13.5%	0.23%	-11.4%
ACN	Sell	ACCENTURE PLC IRELAND	$312,000	-6.3%	3,835	-6.9%	0.22%	-4.3%
TROW	Sell	PRICE T ROWE GROUP INC	$307,000	-16.8%	3,918	-10.3%	0.22%	-15.1%
IRET	Buy	INVESTORS REAL ESTATE TRsh ben int	$306,000	-10.8%	39,705	+6.6%	0.22%	-9.1%
MSFT	Buy	MICROSOFT CORP	$302,000	+23.8%	6,516	+11.5%	0.22%	+26.3%
CAM	Sell	CAMERON INTERNATIONAL CORP	$300,000	-9.1%	4,517	-7.3%	0.22%	-7.3%
CBI	Sell	CHICAGO BRIDGE & IRON CO N V	$300,000	-20.2%	5,181	-5.9%	0.22%	-18.6%
SYK	Sell	STRYKER CORP	$294,000	-11.4%	3,638	-7.5%	0.21%	-9.4%
MO	Sell	ALTRIA GROUP INC	$295,000	+2.8%	6,412	-6.3%	0.21%	+4.5%
CHD	Sell	CHURCH & DWIGHT INC	$287,000	-8.6%	4,092	-8.7%	0.21%	-6.8%
VGK	New	VANGUARD INTL EQUITY INDEX Fftse europe etf	$279,000	–	5,059	–	0.20%	–
COP	Sell	CONOCOPHILLIPS	$276,000	-20.9%	3,613	-11.3%	0.20%	-19.2%
HAL	Sell	HALLIBURTON CO	$261,000	-14.1%	4,046	-5.6%	0.19%	-12.6%
VNQ	New	VANGUARD INDEX FDSreit etf	$240,000	–	3,337	–	0.17%	–
NUE	Sell	NUCOR CORP	$236,000	+0.9%	4,349	-8.4%	0.17%	+3.0%
FDO	Sell	FAMILY DLR STORES INC	$235,000	+8.3%	3,046	-7.3%	0.17%	+10.5%
CNK	Sell	CINEMARK HOLDINGS INC	$229,000	-10.5%	6,721	-7.1%	0.16%	-8.9%
ESV	Sell	ENSCO PLC	$215,000	-30.6%	5,216	-6.6%	0.15%	-29.4%
VB	New	VANGUARD INDEX FDSsmall cp etf	$209,000	–	1,889	–	0.15%	–
KAR	Sell	KAR AUCTION SVCS INC	$206,000	-17.9%	7,186	-8.7%	0.15%	-15.9%
VBR	New	VANGUARD INDEX FDSsm cp val etf	$207,000	–	2,077	–	0.15%	–
SAP	Exit	SAP AGspon adr	$0	–	-2,836	–	-0.15%	–
SJM	Exit	SMUCKER J M CO	$0	–	-2,046	–	-0.15%	–
MDU	Exit	MDU RES GROUP INC	$0	–	-7,723	–	-0.19%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-10,140	–	-0.30%	–
HE	Exit	HAWAIIAN ELEC INDUSTRIES	$0	–	-37,211	–	-0.66%	–

Q2 2014

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$8,921,000	–	45,581	–	6.27%	–
INTC	New	INTEL CORP	$3,267,000	–	105,735	–	2.30%	–
T	New	AT&T INC	$2,836,000	–	80,206	–	1.99%	–
AMLP	New	ALPS ETF TRalerian mlp	$2,758,000	–	145,170	–	1.94%	–
GE	New	GENERAL ELECTRIC CO	$2,706,000	–	102,979	–	1.90%	–
MCD	New	MCDONALDS CORP	$2,612,000	–	25,928	–	1.84%	–
BCE	New	BCE INC	$2,593,000	–	57,173	–	1.82%	–
WM	New	WASTE MGMT INC DEL	$2,259,000	–	50,511	–	1.59%	–
IDV	New	ISHARESintl sel div etf	$2,156,000	–	54,060	–	1.52%	–
DD	New	DU PONT E I DE NEMOURS & CO	$1,868,000	–	28,551	–	1.31%	–
MMM	New	3M CO	$1,694,000	–	11,829	–	1.19%	–
EXR	New	EXTRA SPACE STORAGE INC	$1,618,000	–	30,382	–	1.14%	–
MRK	New	MERCK & CO INC NEW	$1,517,000	–	26,229	–	1.07%	–
WFC	New	WELLS FARGO & CO NEW	$1,495,000	–	28,437	–	1.05%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,490,000	–	30,711	–	1.05%	–
TTE	New	TOTAL S Asponsored adr	$1,474,000	–	20,421	–	1.04%	–
VZ	New	VERIZON COMMUNICATIONS INC	$1,438,000	–	29,394	–	1.01%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,404,000	–	13,680	–	0.99%	–
SLF	New	SUN LIFE FINL INC	$1,345,000	–	36,633	–	0.94%	–
PBCT	New	PEOPLES UNITED FINANCIAL INC	$1,331,000	–	87,729	–	0.94%	–
AAPL	New	APPLE INC	$1,331,000	–	14,322	–	0.94%	–
PSA	New	PUBLIC STORAGE	$1,234,000	–	7,200	–	0.87%	–
AFL	New	AFLAC INC	$1,213,000	–	19,486	–	0.85%	–
STX	New	SEAGATE TECHNOLOGY PLC	$1,133,000	–	19,937	–	0.80%	–
EFT	New	EATON VANCE FLTING RATE INC	$1,129,000	–	74,849	–	0.79%	–
TWO	New	TWO HBRS INVT CORP	$1,106,000	–	105,533	–	0.78%	–
ISIL	New	INTERSIL CORPcl a	$1,089,000	–	72,815	–	0.76%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$1,079,000	–	25,325	–	0.76%	–
BP	New	BP PLCsponsored adr	$1,074,000	–	20,360	–	0.76%	–
SO	New	SOUTHERN CO	$1,072,000	–	23,624	–	0.75%	–
XEL	New	XCEL ENERGY INC	$1,054,000	–	32,696	–	0.74%	–
CM	New	CDN IMPERIAL BK COMM TORONTO	$1,053,000	–	11,569	–	0.74%	–
ALL	New	ALLSTATE CORP	$1,035,000	–	17,625	–	0.73%	–
USB	New	US BANCORP DEL	$1,022,000	–	23,601	–	0.72%	–
LLY	New	LILLY ELI & CO	$1,021,000	–	16,421	–	0.72%	–
DOW	New	DOW CHEM CO	$1,009,000	–	19,610	–	0.71%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,005,000	–	18,791	–	0.71%	–
RAI	New	REYNOLDS AMERICAN INC	$1,002,000	–	16,599	–	0.70%	–
EDE	New	EMPIRE DIST ELEC CO	$1,002,000	–	39,005	–	0.70%	–
LO	New	LORILLARD INC	$997,000	–	16,350	–	0.70%	–
AEP	New	AMERICAN ELEC PWR INC	$996,000	–	17,864	–	0.70%	–
P105PS	New	INTEGRYS ENERGY GROUP INC	$982,000	–	13,800	–	0.69%	–
TGH	New	TEXTAINER GROUP HOLDINGS LTD	$980,000	–	25,370	–	0.69%	–
AINV	New	APOLLO INVT CORP	$974,000	–	113,140	–	0.68%	–
SSS	New	SOVRAN SELF STORAGE INC	$973,000	–	12,600	–	0.68%	–
O	New	REALTY INCOME CORP	$972,000	–	21,890	–	0.68%	–
MYL	New	MYLAN INC	$968,000	–	18,766	–	0.68%	–
FCX	New	FREEPORT-MCMORAN COPPER & GO	$949,000	–	25,997	–	0.67%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$947,000	–	19,400	–	0.66%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$946,000	–	11,483	–	0.66%	–
ABT	New	ABBOTT LABS	$943,000	–	23,053	–	0.66%	–
HE	New	HAWAIIAN ELEC INDUSTRIES	$942,000	–	37,211	–	0.66%	–
EXC	New	EXELON CORP	$939,000	–	25,751	–	0.66%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$937,000	–	9,593	–	0.66%	–
SON	New	SONOCO PRODS CO	$931,000	–	21,198	–	0.65%	–
XOM	New	EXXON MOBIL CORP	$924,000	–	9,174	–	0.65%	–
DUK	New	DUKE ENERGY CORP NEW	$916,000	–	12,348	–	0.64%	–
BNS	New	BANK N S HALIFAX	$917,000	–	13,763	–	0.64%	–
BPT	New	BP PRUDHOE BAY RTY TRunit ben int	$899,000	–	9,082	–	0.63%	–
LEG	New	LEGGETT & PLATT INC	$897,000	–	26,157	–	0.63%	–
STWD	New	STARWOOD PPTY TR INC	$892,000	–	37,545	–	0.63%	–
PAYX	New	PAYCHEX INC	$883,000	–	21,255	–	0.62%	–
SCG	New	SCANA CORP NEW	$881,000	–	16,375	–	0.62%	–
PNY	New	PIEDMONT NAT GAS INC	$848,000	–	22,680	–	0.60%	–
TD	New	TORONTO DOMINION BK ONT	$847,000	–	16,471	–	0.60%	–
HR	New	HEALTHCARE RLTY TR	$835,000	–	32,855	–	0.59%	–
TE	New	TECO ENERGY INC	$824,000	–	44,564	–	0.58%	–
D	New	DOMINION RES INC VA NEW	$819,000	–	11,450	–	0.58%	–
SLB	New	SCHLUMBERGER LTD	$818,000	–	6,935	–	0.58%	–
GAS	New	AGL RES INC	$815,000	–	14,805	–	0.57%	–
ARCC	New	ARES CAP CORP	$815,000	–	45,644	–	0.57%	–
ABBV	New	ABBVIE INC	$811,000	–	14,369	–	0.57%	–
PM	New	PHILIP MORRIS INTL INC	$808,000	–	9,587	–	0.57%	–
T104PS	New	AMERICAN RLTY CAP PPTYS INC	$802,000	–	63,970	–	0.56%	–
DRI	New	DARDEN RESTAURANTS INC	$801,000	–	17,307	–	0.56%	–
KMI	New	KINDER MORGAN INC DEL	$800,000	–	22,060	–	0.56%	–
PG	New	PROCTER & GAMBLE CO	$794,000	–	10,105	–	0.56%	–
CAG	New	CONAGRA FOODS INC	$776,000	–	26,130	–	0.54%	–
MFA	New	MFA FINL INC	$776,000	–	94,525	–	0.54%	–
MCK	New	MCKESSON CORP	$771,000	–	4,138	–	0.54%	–
LNT	New	ALLIANT ENERGY CORP	$772,000	–	12,688	–	0.54%	–
QCOM	New	QUALCOMM INC	$767,000	–	9,689	–	0.54%	–
WR	New	WESTAR ENERGY INC	$751,000	–	19,662	–	0.53%	–
DTE	New	DTE ENERGY CO	$745,000	–	9,561	–	0.52%	–
PSEC	New	PROSPECT CAPITAL CORPORATION	$746,000	–	70,210	–	0.52%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$744,000	–	16,400	–	0.52%	–
PEG	New	PUBLIC SVC ENTERPRISE GROUP	$741,000	–	18,163	–	0.52%	–
NU	New	NORTHEAST UTILS	$741,000	–	15,679	–	0.52%	–
TRN	New	TRINITY INDS INC	$731,000	–	16,720	–	0.51%	–
JPM	New	JPMORGAN CHASE & CO	$720,000	–	12,497	–	0.51%	–
KO	New	COCA COLA CO	$712,000	–	16,811	–	0.50%	–
NXPI	New	NXP SEMICONDUCTORS N V	$709,000	–	10,718	–	0.50%	–
WYNN	New	WYNN RESORTS LTD	$694,000	–	3,346	–	0.49%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr no par	$684,000	–	20,495	–	0.48%	–
CVX	New	CHEVRON CORP NEW	$672,000	–	5,151	–	0.47%	–
PHI	New	PHILIPPINE LONG DISTANCE TELsponsored adr	$666,000	–	9,883	–	0.47%	–
PXD	New	PIONEER NAT RES CO	$663,000	–	2,884	–	0.47%	–
UTX	New	UNITED TECHNOLOGIES CORP	$646,000	–	5,598	–	0.45%	–
ORCL	New	ORACLE CORP	$629,000	–	15,521	–	0.44%	–
CVS	New	CVS CAREMARK CORPORATION	$627,000	–	8,321	–	0.44%	–
VMW	New	VMWARE INC	$610,000	–	6,301	–	0.43%	–
CHL	New	CHINA MOBILE LIMITEDsponsored adr	$604,000	–	12,423	–	0.42%	–
C	New	CITIGROUP INC	$601,000	–	12,765	–	0.42%	–
CSCO	New	CISCO SYS INC	$598,000	–	24,066	–	0.42%	–
CAT	New	CATERPILLAR INC DEL	$593,000	–	5,459	–	0.42%	–
SYMC	New	SYMANTEC CORP	$590,000	–	25,770	–	0.42%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$573,000	–	8,258	–	0.40%	–
EMR	New	EMERSON ELEC CO	$546,000	–	8,235	–	0.38%	–
PFE	New	PFIZER INC	$537,000	–	18,077	–	0.38%	–
MS	New	MORGAN STANLEY	$534,000	–	16,506	–	0.38%	–
EMC	New	E M C CORP MASS	$534,000	–	20,258	–	0.38%	–
BAX	New	BAXTER INTL INC	$516,000	–	7,141	–	0.36%	–
PSX	New	PHILLIPS 66	$515,000	–	6,409	–	0.36%	–
BLK	New	BLACKROCK INC	$500,000	–	1,566	–	0.35%	–
NVDA	New	NVIDIA CORP	$497,000	–	26,780	–	0.35%	–
ROSE	New	ROSETTA RESOURCES INC	$496,000	–	9,041	–	0.35%	–
NEE	New	NEXTERA ENERGY INC	$495,000	–	4,826	–	0.35%	–
CMCSA	New	COMCAST CORP NEWcl a	$484,000	–	9,024	–	0.34%	–
MDT	New	MEDTRONIC INC	$480,000	–	7,524	–	0.34%	–
HD	New	HOME DEPOT INC	$476,000	–	5,883	–	0.33%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$464,000	–	8,843	–	0.33%	–
KMB	New	KIMBERLY CLARK CORP	$460,000	–	4,136	–	0.32%	–
UNP	New	UNION PAC CORP	$453,000	–	4,544	–	0.32%	–
SNDK	New	SANDISK CORP	$444,000	–	4,250	–	0.31%	–
CMI	New	CUMMINS INC	$441,000	–	2,857	–	0.31%	–
JCI	New	JOHNSON CTLS INC	$435,000	–	8,710	–	0.31%	–
SU	New	SUNCOR ENERGY INC NEW	$432,000	–	10,140	–	0.30%	–
AKAM	New	AKAMAI TECHNOLOGIES INC	$424,000	–	6,937	–	0.30%	–
LOW	New	LOWES COS INC	$421,000	–	8,764	–	0.30%	–
SBUX	New	STARBUCKS CORP	$412,000	–	5,318	–	0.29%	–
ADI	New	ANALOG DEVICES INC	$405,000	–	7,491	–	0.28%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$399,000	–	3,886	–	0.28%	–
MA	New	MASTERCARD INCcl a	$392,000	–	5,339	–	0.28%	–
GOOGL	New	GOOGLE INCcl a	$387,000	–	662	–	0.27%	–
GOOG	New	GOOGLE INCcl c	$375,000	–	652	–	0.26%	–
CBI	New	CHICAGO BRIDGE & IRON CO N V	$376,000	–	5,506	–	0.26%	–
DLTR	New	DOLLAR TREE INC	$372,000	–	6,826	–	0.26%	–
TROW	New	PRICE T ROWE GROUP INC	$369,000	–	4,366	–	0.26%	–
SYY	New	SYSCO CORP	$367,000	–	9,789	–	0.26%	–
WMT	New	WAL-MART STORES INC	$359,000	–	4,786	–	0.25%	–
COP	New	CONOCOPHILLIPS	$349,000	–	4,075	–	0.24%	–
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$343,000	–	37,245	–	0.24%	–
ACN	New	ACCENTURE PLC IRELAND	$333,000	–	4,119	–	0.23%	–
SYK	New	STRYKER CORP	$332,000	–	3,933	–	0.23%	–
CAM	New	CAMERON INTERNATIONAL CORP	$330,000	–	4,872	–	0.23%	–
CHD	New	CHURCH & DWIGHT INC	$314,000	–	4,482	–	0.22%	–
ESV	New	ENSCO PLC	$310,000	–	5,583	–	0.22%	–
HAL	New	HALLIBURTON CO	$304,000	–	4,286	–	0.21%	–
MO	New	ALTRIA GROUP INC	$287,000	–	6,841	–	0.20%	–
MDU	New	MDU RES GROUP INC	$271,000	–	7,723	–	0.19%	–
JNJ	New	JOHNSON & JOHNSON	$257,000	–	2,461	–	0.18%	–
CNK	New	CINEMARK HOLDINGS INC	$256,000	–	7,231	–	0.18%	–
KAR	New	KAR AUCTION SVCS INC	$251,000	–	7,871	–	0.18%	–
MSFT	New	MICROSOFT CORP	$244,000	–	5,846	–	0.17%	–
NUE	New	NUCOR CORP	$234,000	–	4,749	–	0.16%	–
OTTR	New	OTTER TAIL CORP	$231,000	–	7,612	–	0.16%	–
SAP	New	SAP AGspon adr	$218,000	–	2,836	–	0.15%	–
SJM	New	SMUCKER J M CO	$218,000	–	2,046	–	0.15%	–
FDO	New	FAMILY DLR STORES INC	$217,000	–	3,286	–	0.15%	–
RJI	New	SWEDISH EXPT CR CORProg ttl etn 22	$90,000	–	10,525	–	0.06%	–

Q4 2013

			Value		Shares		↓ Weighting
OTTR	Exit	OTTER TAIL CORP	$0	–	-7,800	–	-0.08%	–
NQI	Exit	NUVEEN QUALITY MUN FD INC	$0	–	-22,333	–	-0.10%	–
SLV	Exit	ISHARES SILVER TRUSTishares	$0	–	-14,655	–	-0.11%	–
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-38,582	–	-0.11%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-5,328	–	-0.13%	–
REM	Exit	ISHARESmrg rl es cp etf	$0	–	-31,460	–	-0.13%	–
ELD	Exit	WISDOMTREE TRem lcl debt fd	$0	–	-8,585	–	-0.14%	–
EMB	Exit	ISHARESjp mor em mk etf	$0	–	-3,800	–	-0.14%	–
DBA	Exit	POWERSHS DB MULTI SECT COMMps db agricul fd	$0	–	-18,955	–	-0.17%	–
UUP	Exit	POWERSHS DB US DOLLAR INDEXdoll indx bull	$0	–	-24,020	–	-0.18%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-4,932	–	-0.21%	–
MDT	Exit	MEDTRONIC INC	$0	–	-11,304	–	-0.21%	–
ABBV	Exit	ABBVIE INC	$0	–	-14,291	–	-0.22%	–
APU	Exit	AMERIGAS PARTNERS L Punit l p int	$0	–	-16,400	–	-0.25%	–
SCZ	Exit	ISHARESeafe sml cp etf	$0	–	-14,930	–	-0.25%	–
PEG	Exit	PUBLIC SVC ENTERPRISE GROUP	$0	–	-22,088	–	-0.25%	–
WR	Exit	WESTAR ENERGY INC	$0	–	-24,102	–	-0.26%	–
AGNC	Exit	AMERICAN CAPITAL AGENCY CORP	$0	–	-32,759	–	-0.26%	–
SJNK	Exit	SPDR SER TRsht trm hgh yld	$0	–	-24,600	–	-0.26%	–
PHI	Exit	PHILIPPINE LONG DISTANCE TELsponsored adr	$0	–	-11,323	–	-0.27%	–
CHL	Exit	CHINA MOBILE LIMITEDsponsored adr	$0	–	-13,680	–	-0.27%	–
DTE	Exit	DTE ENERGY CO	$0	–	-11,811	–	-0.27%	–
LNT	Exit	ALLIANT ENERGY CORP	$0	–	-15,703	–	-0.27%	–
NU	Exit	NORTHEAST UTILS	$0	–	-19,121	–	-0.28%	–
KMI	Exit	KINDER MORGAN INC DEL	$0	–	-22,340	–	-0.28%	–
BPT	Exit	BP PRUDHOE BAY RTY TRunit ben int	$0	–	-9,242	–	-0.28%	–
TD	Exit	TORONTO DOMINION BK ONT	$0	–	-8,943	–	-0.28%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-6,325	–	-0.28%	–
TE	Exit	TECO ENERGY INC	$0	–	-50,334	–	-0.29%	–
PNY	Exit	PIEDMONT NAT GAS INC	$0	–	-25,390	–	-0.29%	–
VLY	Exit	VALLEY NATL BANCORP	$0	–	-85,043	–	-0.30%	–
GAS	Exit	AGL RES INC	$0	–	-19,013	–	-0.31%	–
D	Exit	DOMINION RES INC VA NEW	$0	–	-14,115	–	-0.31%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N	$0	–	-12,110	–	-0.31%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-13,530	–	-0.31%	–
SCG	Exit	SCANA CORP NEW	$0	–	-19,430	–	-0.31%	–
P105PS	Exit	INTEGRYS ENERGY GROUP INC	$0	–	-16,115	–	-0.32%	–
CWB	Exit	SPDR SERIES TRUSTbrc cnv secs etf	$0	–	-20,165	–	-0.32%	–
LO	Exit	LORILLARD INC	$0	–	-20,690	–	-0.32%	–
BNS	Exit	BANK N S HALIFAX	$0	–	-16,275	–	-0.33%	–
ARCC	Exit	ARES CAP CORP	$0	–	-53,919	–	-0.33%	–
DOW	Exit	DOW CHEM CO	$0	–	-24,600	–	-0.33%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-10,894	–	-0.33%	–
STWD	Exit	STARWOOD PPTY TR INC	$0	–	-39,780	–	-0.33%	–
SSS	Exit	SOVRAN SELF STORAGE INC	$0	–	-12,600	–	-0.33%	–
AEP	Exit	AMERICAN ELEC PWR INC	$0	–	-22,054	–	-0.33%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-14,409	–	-0.34%	–
RWX	Exit	SPDR INDEX SHS FDSdj intl rl etf	$0	–	-22,857	–	-0.34%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-24,468	–	-0.34%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-28,818	–	-0.35%	–
LEG	Exit	LEGGETT & PLATT INC	$0	–	-32,922	–	-0.35%	–
HSBC	Exit	HSBC HLDGS PLCspon adr new	$0	–	-18,410	–	-0.35%	–
DBC	Exit	POWERSHARES DB CMDTY IDX TRAunit ben int	$0	–	-38,815	–	-0.35%	–
AA	Exit	ALCOA INC	$0	–	-122,939	–	-0.35%	–
POM	Exit	PEPCO HOLDINGS INC	$0	–	-54,604	–	-0.35%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-20,679	–	-0.35%	–
SON	Exit	SONOCO PRODS CO	$0	–	-26,103	–	-0.36%	–
GSG	Exit	ISHARES S&P GSCI COMMODITY Iunit ben int	$0	–	-31,346	–	-0.36%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-15,424	–	-0.36%	–
O	Exit	REALTY INCOME CORP	$0	–	-25,635	–	-0.36%	–
LLY	Exit	LILLY ELI & CO	$0	–	-20,325	–	-0.36%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-37,251	–	-0.36%	–
HOLX	Exit	HOLOGIC INC	$0	–	-49,980	–	-0.36%	–
SJM	Exit	SMUCKER J M CO	$0	–	-9,899	–	-0.36%	–
SCCO	Exit	SOUTHERN COPPER CORP	$0	–	-38,375	–	-0.36%	–
ISIL	Exit	INTERSIL CORPcl a	$0	–	-93,512	–	-0.37%	–
KAR	Exit	KAR AUCTION SVCS INC	$0	–	-37,335	–	-0.37%	–
SAP	Exit	SAP AGspon adr	$0	–	-14,236	–	-0.37%	–
HAL	Exit	HALLIBURTON CO	$0	–	-21,920	–	-0.37%	–
SPLV	Exit	POWERSHARES ETF TR IIs&p500 low vol	$0	–	-34,175	–	-0.37%	–
FDO	Exit	FAMILY DLR STORES INC	$0	–	-14,889	–	-0.38%	–
PAYX	Exit	PAYCHEX INC	$0	–	-26,440	–	-0.38%	–
AINV	Exit	APOLLO INVT CORP	$0	–	-132,630	–	-0.38%	–
SO	Exit	SOUTHERN CO	$0	–	-26,354	–	-0.38%	–
T104PS	Exit	AMERICAN RLTY CAP PPTYS INC	$0	–	-89,067	–	-0.38%	–
CHD	Exit	CHURCH & DWIGHT INC	$0	–	-18,484	–	-0.39%	–
BP	Exit	BP PLCsponsored adr	$0	–	-26,450	–	-0.39%	–
SNDK	Exit	SANDISK CORP	$0	–	-18,735	–	-0.39%	–
SYK	Exit	STRYKER CORP	$0	–	-16,608	–	-0.39%	–
CNK	Exit	CINEMARK HOLDINGS INC	$0	–	-35,716	–	-0.40%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-40,432	–	-0.40%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-22,719	–	-0.40%	–
NUE	Exit	NUCOR CORP	$0	–	-23,307	–	-0.40%	–
TGH	Exit	TEXTAINER GROUP HOLDINGS LTD	$0	–	-30,315	–	-0.40%	–
PSA	Exit	PUBLIC STORAGE	$0	–	-7,200	–	-0.40%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-15,937	–	-0.41%	–
AFL	Exit	AFLAC INC	$0	–	-19,336	–	-0.42%	–
PSX	Exit	PHILLIPS 66	$0	–	-21,163	–	-0.43%	–
CM	Exit	CDN IMPERIAL BK OF COMMERCE	$0	–	-15,504	–	-0.43%	–
UPS	Exit	UNITED PARCEL SERVICE INCcl b	$0	–	-13,600	–	-0.43%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-15,493	–	-0.43%	–
CAM	Exit	CAMERON INTERNATIONAL CORP	$0	–	-21,950	–	-0.45%	–
SYY	Exit	SYSCO CORP	$0	–	-42,117	–	-0.47%	–
VOD	Exit	VODAFONE GROUP PLC NEWspons adr new	$0	–	-38,853	–	-0.48%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-18,561	–	-0.48%	–
EXR	Exit	EXTRA SPACE STORAGE INC	$0	–	-30,382	–	-0.49%	–
ESV	Exit	ENSCO PLC	$0	–	-26,185	–	-0.49%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-30,535	–	-0.49%	–
MMM	Exit	3M CO	$0	–	-11,889	–	-0.50%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-19,943	–	-0.50%	–
SLF	Exit	SUN LIFE FINL INC	$0	–	-47,326	–	-0.53%	–
TEVA	Exit	TEVA PHARMACEUTICAL INDS LTDadr	$0	–	-40,730	–	-0.54%	–
KMB	Exit	KIMBERLY CLARK CORP	$0	–	-16,341	–	-0.54%	–
UNP	Exit	UNION PAC CORP	$0	–	-10,129	–	-0.55%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-34,443	–	-0.57%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL	$0	–	-17,385	–	-0.57%	–
CBI	Exit	CHICAGO BRIDGE & IRON CO N V	$0	–	-23,980	–	-0.57%	–
HD	Exit	HOME DEPOT INC	$0	–	-21,462	–	-0.57%	–
BAC	Exit	BANK OF AMERICA CORPORATION	$0	–	-118,639	–	-0.57%	–
EDE	Exit	EMPIRE DIST ELEC CO	$0	–	-78,112	–	-0.59%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-2,542	–	-0.60%	–
BLK	Exit	BLACKROCK INC	$0	–	-6,395	–	-0.60%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-38,511	–	-0.61%	–
TRN	Exit	TRINITY INDS INC	$0	–	-38,725	–	-0.61%	–
SU	Exit	SUNCOR ENERGY INC NEW	$0	–	-49,231	–	-0.62%	–
CMI	Exit	CUMMINS INC	$0	–	-13,240	–	-0.62%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-42,847	–	-0.62%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-31,089	–	-0.62%	–
AKAM	Exit	AKAMAI TECHNOLOGIES INC	$0	–	-34,770	–	-0.63%	–
LOW	Exit	LOWES COS INC	$0	–	-38,225	–	-0.64%	–
RIG	Exit	TRANSOCEAN LTD	$0	–	-41,040	–	-0.64%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-23,842	–	-0.64%	–
PFE	Exit	PFIZER INC	$0	–	-64,261	–	-0.64%	–
NXPI	Exit	NXP SEMICONDUCTORS N V	$0	–	-50,109	–	-0.65%	–
DRI	Exit	DARDEN RESTAURANTS INC	$0	–	-41,299	–	-0.67%	–
ABT	Exit	ABBOTT LABS	$0	–	-57,888	–	-0.67%	–
MS	Exit	MORGAN STANLEY	$0	–	-73,377	–	-0.69%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-24,263	–	-0.71%	–
BAX	Exit	BAXTER INTL INC	$0	–	-31,342	–	-0.72%	–
CVS	Exit	CVS CAREMARK CORPORATION	$0	–	-36,547	–	-0.72%	–
HTS	Exit	HATTERAS FINL CORP	$0	–	-112,386	–	-0.74%	–
NVDA	Exit	NVIDIA CORP	$0	–	-136,328	–	-0.74%	–
CSCO	Exit	CISCO SYS INC	$0	–	-92,768	–	-0.76%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-55,785	–	-0.77%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-43,041	–	-0.78%	–
ORCL	Exit	ORACLE CORP	$0	–	-67,854	–	-0.79%	–
C	Exit	CITIGROUP INC	$0	–	-46,980	–	-0.80%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-39,428	–	-0.80%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-12,133	–	-0.80%	–
EMC	Exit	E M C CORP MASS	$0	–	-89,847	–	-0.80%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-55,616	–	-0.80%	–
ROSE	Exit	ROSETTA RESOURCES INC	$0	–	-42,480	–	-0.81%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-36,724	–	-0.83%	–
EFT	Exit	EATON VANCE FLTING RATE INC	$0	–	-153,419	–	-0.84%	–
ESRX	Exit	EXPRESS SCRIPTS HLDG CO	$0	–	-38,810	–	-0.84%	–
IDV	Exit	ISHARESintl sel div etf	$0	–	-66,680	–	-0.84%	–
MCK	Exit	MCKESSON CORP	$0	–	-19,019	–	-0.85%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-2,832	–	-0.87%	–
HE	Exit	HAWAIIAN ELEC INDUSTRIES	$0	–	-99,594	–	-0.87%	–
KO	Exit	COCA COLA CO	$0	–	-66,318	–	-0.88%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-23,346	–	-0.88%	–
EXC	Exit	EXELON CORP	$0	–	-86,115	–	-0.89%	–
BCE	Exit	BCE INC	$0	–	-60,299	–	-0.90%	–
INTC	Exit	INTEL CORP	$0	–	-112,859	–	-0.90%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-16,473	–	-0.91%	–
TWO	Exit	TWO HBRS INVT CORP	$0	–	-274,153	–	-0.93%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-31,059	–	-0.93%	–
VMW	Exit	VMWARE INC	$0	–	-33,425	–	-0.94%	–
FCX	Exit	FREEPORT-MCMORAN COPPER & GO	$0	–	-81,969	–	-0.95%	–
MRK	Exit	MERCK & CO INC NEW	$0	–	-57,724	–	-0.96%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-36,362	–	-0.96%	–
QCOM	Exit	QUALCOMM INC	$0	–	-41,534	–	-0.98%	–
SYMC	Exit	SYMANTEC CORP	$0	–	-115,576	–	-1.00%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-71,435	–	-1.00%	–
TGT	Exit	TARGET CORP	$0	–	-44,895	–	-1.00%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-163,760	–	-1.01%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-33,076	–	-1.02%	–
PBCT	Exit	PEOPLES UNITED FINANCIAL INC	$0	–	-208,671	–	-1.05%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-125,599	–	-1.05%	–
USB	Exit	US BANCORP DEL	$0	–	-84,409	–	-1.08%	–
ALL	Exit	ALLSTATE CORP	$0	–	-63,322	–	-1.12%	–
MYL	Exit	MYLAN INC	$0	–	-88,268	–	-1.18%	–
DD	Exit	DU PONT E I DE NEMOURS & CO	$0	–	-58,826	–	-1.20%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-77,910	–	-1.27%	–
MCD	Exit	MCDONALDS CORP	$0	–	-38,650	–	-1.30%	–
WFC	Exit	WELLS FARGO & CO NEW	$0	–	-91,183	–	-1.32%	–
T	Exit	AT&T INC	$0	–	-135,468	–	-1.60%	–
AAPL	Exit	APPLE INC	$0	–	-9,878	–	-1.65%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-40,875	–	-2.40%	–

Q3 2013

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$6,867,000	+1167.0%	40,875	+1110.0%	2.40%	+1163.2%
AAPL	Buy	APPLE INC	$4,709,000	+21.1%	9,878	+0.8%	1.65%	+20.9%
T	Buy	AT&T INC	$4,582,000	+5.8%	135,468	+10.8%	1.60%	+5.5%
WFC	Sell	WELLS FARGO & CO NEW	$3,768,000	-13.9%	91,183	-14.0%	1.32%	-14.1%
MCD	Sell	MCDONALDS CORP	$3,719,000	-7.8%	38,650	-5.2%	1.30%	-8.1%
VZ	Buy	VERIZON COMMUNICATIONS INC	$3,636,000	+20.1%	77,910	+29.6%	1.27%	+19.8%
DD	Sell	DU PONT E I DE NEMOURS & CO	$3,445,000	+3.1%	58,826	-7.5%	1.20%	+2.8%
MYL	Sell	MYLAN INC	$3,369,000	+6.9%	88,268	-13.1%	1.18%	+6.5%
ALL	Sell	ALLSTATE CORP	$3,201,000	-4.9%	63,322	-9.5%	1.12%	-5.2%
USB	Sell	US BANCORP DEL	$3,088,000	-8.6%	84,409	-9.7%	1.08%	-8.9%
PBCT	Sell	PEOPLES UNITED FINANCIAL INC	$3,001,000	-6.7%	208,671	-3.3%	1.05%	-6.9%
GE	Sell	GENERAL ELECTRIC CO	$3,001,000	+0.9%	125,599	-2.1%	1.05%	+0.6%
SLB	Sell	SCHLUMBERGER LTD	$2,923,000	+19.6%	33,076	-3.0%	1.02%	+19.1%
AMLP	Buy	ALPS ETF TRalerian mlp	$2,881,000	-0.6%	163,760	+0.9%	1.01%	-0.8%
TGT	Sell	TARGET CORP	$2,872,000	-17.1%	44,895	-10.7%	1.00%	-17.3%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,867,000	+4.1%	71,435	+0.6%	1.00%	+3.7%
SYMC	Sell	SYMANTEC CORP	$2,861,000	+1.9%	115,576	-7.4%	1.00%	+1.6%
QCOM	Sell	QUALCOMM INC	$2,796,000	+8.7%	41,534	-1.4%	0.98%	+8.3%
PG	Sell	PROCTER & GAMBLE CO	$2,749,000	-7.3%	36,362	-5.6%	0.96%	-7.6%
MRK	Sell	MERCK & CO INC NEW	$2,748,000	+2.2%	57,724	-0.2%	0.96%	+1.9%
FCX	Buy	FREEPORT-MCMORAN COPPER & GO	$2,712,000	+108.8%	81,969	+74.3%	0.95%	+108.4%
VMW	Buy	VMWARE INC	$2,704,000	+26.8%	33,425	+5.0%	0.94%	+26.3%
XOM	Sell	EXXON MOBIL CORP	$2,672,000	-9.7%	31,059	-5.2%	0.93%	-9.9%
TWO	Buy	TWO HBRS INVT CORP	$2,662,000	+0.1%	274,153	+5.7%	0.93%	-0.2%
WYNN	Sell	WYNN RESORTS LTD	$2,603,000	+11.1%	16,473	-10.0%	0.91%	+10.8%
INTC	Buy	INTEL CORP	$2,587,000	-4.6%	112,859	+0.8%	0.90%	-4.9%
BCE	Buy	BCE INC	$2,575,000	+4.8%	60,299	+0.7%	0.90%	+4.5%
EXC	Buy	EXELON CORP	$2,552,000	+2.0%	86,115	+6.2%	0.89%	+1.7%
UTX	Sell	UNITED TECHNOLOGIES CORP	$2,517,000	+0.5%	23,346	-13.3%	0.88%	+0.2%
KO	Sell	COCA COLA CO	$2,512,000	-10.7%	66,318	-5.5%	0.88%	-11.0%
HE	Buy	HAWAIIAN ELEC INDUSTRIES	$2,500,000	-0.5%	99,594	+0.4%	0.87%	-0.7%
GOOGL	Sell	GOOGLE INCcl a	$2,481,000	-2.7%	2,832	-2.2%	0.87%	-3.0%
MCK	Sell	MCKESSON CORP	$2,440,000	+0.0%	19,019	-10.7%	0.85%	-0.2%
IDV	New	ISHARESintl sel div etf	$2,418,000	–	66,680	–	0.84%	–
ESRX	Sell	EXPRESS SCRIPTS HLDG CO	$2,398,000	-10.9%	38,810	-11.0%	0.84%	-11.2%
EFT	Buy	EATON VANCE FLTING RATE INC	$2,390,000	-2.5%	153,419	+3.7%	0.84%	-2.8%
EMR	Sell	EMERSON ELEC CO	$2,376,000	+11.4%	36,724	-6.1%	0.83%	+11.0%
ROSE	Sell	ROSETTA RESOURCES INC	$2,314,000	+19.5%	42,480	-6.8%	0.81%	+19.1%
WM	Sell	WASTE MGMT INC DEL	$2,294,000	+1.0%	55,616	-1.3%	0.80%	+0.8%
EMC	Sell	E M C CORP MASS	$2,296,000	+3.8%	89,847	-4.1%	0.80%	+3.4%
PXD	Sell	PIONEER NAT RES CO	$2,291,000	+7.2%	12,133	-17.9%	0.80%	+6.9%
TTE	Sell	TOTAL S Asponsored adr	$2,284,000	+17.0%	39,428	-1.6%	0.80%	+16.7%
C	Buy	CITIGROUP INC	$2,279,000	+10.4%	46,980	+9.2%	0.80%	+10.1%
ORCL	Buy	ORACLE CORP	$2,251,000	+8.5%	67,854	+0.5%	0.79%	+8.3%
JPM	Buy	JPMORGAN CHASE & CO	$2,225,000	+8.8%	43,041	+11.1%	0.78%	+8.5%
VEA	Buy	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$2,208,000	+12.7%	55,785	+1.3%	0.77%	+12.4%
CSCO	Sell	CISCO SYS INC	$2,174,000	-15.7%	92,768	-12.5%	0.76%	-15.9%
NVDA	Sell	NVIDIA CORP	$2,121,000	-1.3%	136,328	-11.0%	0.74%	-1.7%
HTS	Sell	HATTERAS FINL CORP	$2,103,000	-24.2%	112,386	-0.2%	0.74%	-24.4%
CVS	Sell	CVS CAREMARK CORPORATION	$2,074,000	-13.1%	36,547	-12.5%	0.72%	-13.4%
BAX	Sell	BAXTER INTL INC	$2,059,000	-12.7%	31,342	-7.9%	0.72%	-12.9%
CAT	Sell	CATERPILLAR INC DEL	$2,024,000	-3.9%	24,263	-5.0%	0.71%	-4.2%
MS	Sell	MORGAN STANLEY	$1,978,000	-2.5%	73,377	-11.6%	0.69%	-2.8%
ABT	Sell	ABBOTT LABS	$1,921,000	-7.6%	57,888	-2.9%	0.67%	-8.0%
DRI	Buy	DARDEN RESTAURANTS INC	$1,912,000	+69.5%	41,299	+84.8%	0.67%	+69.1%
NXPI	Sell	NXP SEMICONDUCTORS N V	$1,865,000	+10.9%	50,109	-7.6%	0.65%	+10.7%
PFE	Sell	PFIZER INC	$1,846,000	-5.8%	64,261	-8.1%	0.64%	-6.1%
SBUX	Sell	STARBUCKS CORP	$1,835,000	-1.7%	23,842	-16.4%	0.64%	-2.0%
RIG	Buy	TRANSOCEAN LTD	$1,826,000	-4.1%	41,040	+3.3%	0.64%	-4.5%
LOW	Sell	LOWES COS INC	$1,820,000	+2.8%	38,225	-11.6%	0.64%	+2.6%
AKAM	Sell	AKAMAI TECHNOLOGIES INC	$1,798,000	+5.5%	34,770	-13.2%	0.63%	+5.2%
DLTR	Sell	DOLLAR TREE INC	$1,777,000	-5.2%	31,089	-15.7%	0.62%	-5.5%
JCI	Sell	JOHNSON CTLS INC	$1,778,000	+1.3%	42,847	-12.6%	0.62%	+1.0%
CMI	Sell	CUMMINS INC	$1,759,000	+8.8%	13,240	-11.2%	0.62%	+8.5%
SU	Sell	SUNCOR ENERGY INC NEW	$1,761,000	+18.6%	49,231	-2.3%	0.62%	+18.3%
TRN	Sell	TRINITY INDS INC	$1,756,000	+9.1%	38,725	-7.5%	0.61%	+8.9%
CMCSA	Sell	COMCAST CORP NEWcl a	$1,737,000	+0.5%	38,511	-6.9%	0.61%	+0.2%
BLK	New	BLACKROCK INC	$1,731,000	–	6,395	–	0.60%	–
MA	Sell	MASTERCARD INCcl a	$1,710,000	+7.7%	2,542	-8.0%	0.60%	+7.4%
EDE	Sell	EMPIRE DIST ELEC CO	$1,692,000	-11.4%	78,112	-8.7%	0.59%	-11.7%
HD	Sell	HOME DEPOT INC	$1,628,000	-14.3%	21,462	-12.4%	0.57%	-14.6%
CBI	Sell	CHICAGO BRIDGE & IRON CO N V	$1,625,000	+4.4%	23,980	-8.1%	0.57%	+4.0%
OXY	Sell	OCCIDENTAL PETE CORP DEL	$1,626,000	-3.1%	17,385	-7.5%	0.57%	-3.4%
ADI	Sell	ANALOG DEVICES INC	$1,621,000	-3.5%	34,443	-7.6%	0.57%	-3.9%
UNP	Sell	UNION PAC CORP	$1,573,000	-5.4%	10,129	-6.0%	0.55%	-5.7%
TEVA	Sell	TEVA PHARMACEUTICAL INDS LTDadr	$1,539,000	-8.3%	40,730	-4.9%	0.54%	-8.5%
KMB	Sell	KIMBERLY CLARK CORP	$1,540,000	-12.4%	16,341	-9.7%	0.54%	-12.7%
SLF	Sell	SUN LIFE FINL INC	$1,513,000	+4.0%	47,326	-3.6%	0.53%	+3.7%
TROW	Buy	PRICE T ROWE GROUP INC	$1,434,000	+52.7%	19,943	+55.5%	0.50%	+52.3%
ESV	Sell	ENSCO PLC	$1,407,000	-7.7%	26,185	-0.1%	0.49%	-7.9%
VOD	Sell	VODAFONE GROUP PLC NEWspons adr new	$1,367,000	+20.1%	38,853	-1.9%	0.48%	+19.8%
ACN	Sell	ACCENTURE PLC IRELAND	$1,367,000	-4.4%	18,561	-6.6%	0.48%	-4.6%
SYY	Sell	SYSCO CORP	$1,341,000	-15.4%	42,117	-9.2%	0.47%	-15.6%
CAM	Sell	CAMERON INTERNATIONAL CORP	$1,281,000	-6.5%	21,950	-2.0%	0.45%	-6.7%
NEE	Sell	NEXTERA ENERGY INC	$1,242,000	-10.2%	15,493	-8.7%	0.43%	-10.5%
CM	Buy	CDN IMPERIAL BK OF COMMERCE	$1,236,000	+36.6%	15,504	+21.6%	0.43%	+36.3%
PSX	Buy	PHILLIPS 66	$1,224,000	+1.5%	21,163	+3.4%	0.43%	+1.2%
AFL	Sell	AFLAC INC	$1,199,000	+6.6%	19,336	-0.1%	0.42%	+6.3%
WMT	Sell	WAL-MART STORES INC	$1,179,000	-5.0%	15,937	-4.3%	0.41%	-5.3%
TGH	New	TEXTAINER GROUP HOLDINGS LTD	$1,148,000	–	30,315	–	0.40%	–
NUE	Sell	NUCOR CORP	$1,143,000	+8.4%	23,307	-4.2%	0.40%	+8.1%
GSK	Sell	GLAXOSMITHKLINE PLCsponsored adr	$1,140,000	-0.9%	22,719	-1.3%	0.40%	-1.2%
NEM	Sell	NEWMONT MINING CORP	$1,136,000	-51.3%	40,432	-48.0%	0.40%	-51.4%
CNK	Sell	CINEMARK HOLDINGS INC	$1,134,000	+5.6%	35,716	-7.2%	0.40%	+5.3%
SYK	Sell	STRYKER CORP	$1,123,000	-3.3%	16,608	-7.5%	0.39%	-3.7%
SNDK	Sell	SANDISK CORP	$1,115,000	-19.3%	18,735	-17.1%	0.39%	-19.4%
BP	Sell	BP PLCsponsored adr	$1,112,000	-0.5%	26,450	-1.3%	0.39%	-0.8%
CHD	Sell	CHURCH & DWIGHT INC	$1,110,000	-8.1%	18,484	-5.6%	0.39%	-8.3%
T104PS	Buy	AMERICAN RLTY CAP PPTYS INC	$1,087,000	+0.2%	89,067	+25.3%	0.38%	0.0%
SO	Buy	SOUTHERN CO	$1,085,000	-0.7%	26,354	+6.4%	0.38%	-1.0%
AINV	Buy	APOLLO INVT CORP	$1,081,000	+5.8%	132,630	+0.5%	0.38%	+5.6%
PAYX	Sell	PAYCHEX INC	$1,075,000	+9.8%	26,440	-1.4%	0.38%	+9.6%
FDO	Sell	FAMILY DLR STORES INC	$1,072,000	+3.5%	14,889	-10.5%	0.38%	+3.3%
SPLV	New	POWERSHARES ETF TR IIs&p500 low vol	$1,066,000	–	34,175	–	0.37%	–
HAL	Sell	HALLIBURTON CO	$1,055,000	+9.3%	21,920	-5.3%	0.37%	+9.2%
SAP	Buy	SAP AGspon adr	$1,052,000	+2.2%	14,236	+0.8%	0.37%	+1.9%
KAR	Sell	KAR AUCTION SVCS INC	$1,053,000	+5.3%	37,335	-14.6%	0.37%	+5.1%
ISIL	New	INTERSIL CORPcl a	$1,050,000	–	93,512	–	0.37%	–
SCCO	New	SOUTHERN COPPER CORP	$1,045,000	–	38,375	–	0.36%	–
SJM	Sell	SMUCKER J M CO	$1,040,000	-7.5%	9,899	-9.1%	0.36%	-7.9%
HOLX	Sell	HOLOGIC INC	$1,032,000	+3.5%	49,980	-3.2%	0.36%	+3.4%
XEL	Buy	XCEL ENERGY INC	$1,029,000	-1.2%	37,251	+1.4%	0.36%	-1.4%
LLY	Sell	LILLY ELI & CO	$1,023,000	+1.4%	20,325	-1.1%	0.36%	+0.8%
O	Buy	REALTY INCOME CORP	$1,019,000	+1.1%	25,635	+6.6%	0.36%	+0.8%
VNQ	Sell	VANGUARD INDEX FDSreit etf	$1,020,000	-39.5%	15,424	-37.2%	0.36%	-39.8%
GSG	Sell	ISHARES S&P GSCI COMMODITY Iunit ben int	$1,015,000	-7.5%	31,346	-12.0%	0.36%	-7.6%
SON	Sell	SONOCO PRODS CO	$1,016,000	+9.2%	26,103	-3.0%	0.36%	+8.9%
RAI	Sell	REYNOLDS AMERICAN INC	$1,009,000	-0.2%	20,679	-1.1%	0.35%	-0.3%
POM	Buy	PEPCO HOLDINGS INC	$1,008,000	-6.5%	54,604	+2.1%	0.35%	-6.9%
AA	Buy	ALCOA INC	$998,000	+5.2%	122,939	+1.3%	0.35%	+4.8%
DBC	Sell	POWERSHARES DB CMDTY IDX TRAunit ben int	$1,000,000	-3.5%	38,815	-5.8%	0.35%	-3.9%
HSBC	Sell	HSBC HLDGS PLCspon adr new	$999,000	+2.9%	18,410	-1.6%	0.35%	+2.6%
LEG	Sell	LEGGETT & PLATT INC	$993,000	-4.7%	32,922	-1.8%	0.35%	-4.9%
MO	Sell	ALTRIA GROUP INC	$990,000	-5.1%	28,818	-3.3%	0.35%	-5.5%
MCHP	Sell	MICROCHIP TECHNOLOGY INC	$986,000	+5.6%	24,468	-2.5%	0.34%	+5.5%
RWX	Buy	SPDR INDEX SHS FDSdj intl rl etf	$963,000	+16.4%	22,857	+10.3%	0.34%	+16.2%
DUK	Sell	DUKE ENERGY CORP NEW	$962,000	-1.1%	14,409	-0.1%	0.34%	-1.5%
AEP	Buy	AMERICAN ELEC PWR INC	$956,000	-1.4%	22,054	+1.8%	0.33%	-1.8%
STWD	Sell	STARWOOD PPTY TR INC	$954,000	-3.9%	39,780	-0.8%	0.33%	-4.3%
DOW	Sell	DOW CHEM CO	$945,000	+16.7%	24,600	-2.2%	0.33%	+16.2%
PM	Buy	PHILIP MORRIS INTL INC	$943,000	+1.2%	10,894	+1.2%	0.33%	+0.9%
BNS	Buy	BANK N S HALIFAX	$933,000	+33.3%	16,275	+24.5%	0.33%	+33.1%
ARCC	Buy	ARES CAP CORP	$932,000	+0.8%	53,919	+0.2%	0.33%	+0.6%
LO	Buy	LORILLARD INC	$926,000	+4.3%	20,690	+1.8%	0.32%	+4.2%
CWB	New	SPDR SERIES TRUSTbrc cnv secs etf	$911,000	–	20,165	–	0.32%	–
P105PS	Sell	INTEGRYS ENERGY GROUP INC	$901,000	-4.7%	16,115	-0.2%	0.32%	-4.8%
SCG	Buy	SCANA CORP NEW	$895,000	-5.6%	19,430	+0.7%	0.31%	-5.7%
RDSA	Buy	ROYAL DUTCH SHELL PLCspons adr a	$889,000	+5.0%	13,530	+1.9%	0.31%	+4.7%
LYB	New	LYONDELLBASELL INDUSTRIES N	$887,000	–	12,110	–	0.31%	–
D	Sell	DOMINION RES INC VA NEW	$882,000	+8.4%	14,115	-1.5%	0.31%	+8.1%
GAS	Sell	AGL RES INC	$875,000	+5.8%	19,013	-1.5%	0.31%	+5.5%
VLY	Sell	VALLEY NATL BANCORP	$846,000	+4.1%	85,043	-0.9%	0.30%	+3.9%
PNY	New	PIEDMONT NAT GAS INC	$835,000	–	25,390	–	0.29%	–
TE	Buy	TECO ENERGY INC	$833,000	-1.9%	50,334	+1.9%	0.29%	-2.3%
GLD	Sell	SPDR GOLD TRUST	$811,000	-22.0%	6,325	-27.6%	0.28%	-22.5%
TD	Sell	TORONTO DOMINION BK ONT	$805,000	+11.3%	8,943	-0.6%	0.28%	+11.1%
BPT	Buy	BP PRUDHOE BAY RTY TRunit ben int	$801,000	-6.0%	9,242	+4.4%	0.28%	-6.4%
KMI	New	KINDER MORGAN INC DEL	$795,000	–	22,340	–	0.28%	–
NU	Buy	NORTHEAST UTILS	$789,000	-1.5%	19,121	+0.3%	0.28%	-1.8%
LNT	Sell	ALLIANT ENERGY CORP	$778,000	-2.6%	15,703	-0.9%	0.27%	-2.9%
DTE	Sell	DTE ENERGY CO	$779,000	-3.1%	11,811	-1.5%	0.27%	-3.5%
CHL	Buy	CHINA MOBILE LIMITEDsponsored adr	$772,000	+10.0%	13,680	+0.8%	0.27%	+9.8%
PHI	Sell	PHILIPPINE LONG DISTANCE TELsponsored adr	$768,000	-1.4%	11,323	-1.3%	0.27%	-1.8%
SJNK	Buy	SPDR SER TRsht trm hgh yld	$751,000	+29.5%	24,600	+27.9%	0.26%	+29.1%
AGNC	Buy	AMERICAN CAPITAL AGENCY CORP	$740,000	+6.6%	32,759	+8.5%	0.26%	+6.6%
WR	Sell	WESTAR ENERGY INC	$739,000	-4.4%	24,102	-0.4%	0.26%	-4.8%
PEG	Buy	PUBLIC SVC ENTERPRISE GROUP	$727,000	+1.0%	22,088	+0.1%	0.25%	+0.8%
SCZ	Buy	ISHARESeafe sml cp etf	$724,000	+34.3%	14,930	+16.3%	0.25%	+33.9%
ABBV	Sell	ABBVIE INC	$639,000	+7.6%	14,291	-0.5%	0.22%	+7.2%
MDT	Sell	MEDTRONIC INC	$602,000	+2.2%	11,304	-1.2%	0.21%	+1.9%
CVX	Buy	CHEVRON CORP NEW	$599,000	+2.7%	4,932	+0.1%	0.21%	+2.5%
UUP	New	POWERSHS DB US DOLLAR INDEXdoll indx bull	$520,000	–	24,020	–	0.18%	–
DBA	Sell	POWERSHS DB MULTI SECT COMMps db agricul fd	$479,000	-4.2%	18,955	-5.6%	0.17%	-4.6%
EMB	Sell	ISHARESjp mor em mk etf	$414,000	-8.8%	3,800	-8.3%	0.14%	-8.8%
ELD	Sell	WISDOMTREE TRem lcl debt fd	$404,000	-4.7%	8,585	-2.7%	0.14%	-5.4%
REM	Sell	ISHARESmrg rl es cp etf	$377,000	-68.2%	31,460	-66.4%	0.13%	-68.2%
COP	Buy	CONOCOPHILLIPS	$370,000	+34.1%	5,328	+16.8%	0.13%	+33.0%
IRET	Buy	INVESTORS REAL ESTATE TRsh ben int	$318,000	+18.7%	38,582	+24.0%	0.11%	+18.1%
SLV	Sell	ISHARES SILVER TRUSTishares	$306,000	-27.5%	14,655	-34.2%	0.11%	-27.7%
NQI	Buy	NUVEEN QUALITY MUN FD INC	$275,000	+10.9%	22,333	+17.2%	0.10%	+10.3%
UGA	Exit	UNITED STS GASOLINE FD LPunits	$0	–	-8,255	–	-0.16%	–
MINT	Exit	PIMCO ETF TRenhan shrt mat	$0	–	-4,560	–	-0.16%	–
CNP	Exit	CENTERPOINT ENERGY INC	$0	–	-35,245	–	-0.29%	–
UVV	Exit	UNIVERSAL CORP VA	$0	–	-14,571	–	-0.30%	–
CVC	Exit	CABLEVISION SYS CORPcl a ny cablvs	$0	–	-51,710	–	-0.30%	–
RRD	Exit	DONNELLEY R R & SONS CO	$0	–	-67,370	–	-0.33%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-9,030	–	-0.34%	–
VVC	Exit	VECTREN CORP	$0	–	-29,100	–	-0.34%	–
PBP	Exit	POWERSHARES GLOBAL ETF FDs&p 500 buywrt	$0	–	-57,300	–	-0.40%	–
NVS	Exit	NOVARTIS A Gsponsored adr	$0	–	-18,409	–	-0.46%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-38,623	–	-0.47%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-12,333	–	-0.65%	–
TU	Exit	TELUS CORP	$0	–	-77,814	–	-0.80%	–
MFA	Exit	MFA FINL INC	$0	–	-278,244	–	-0.82%	–
JBL	Exit	JABIL CIRCUIT INC	$0	–	-134,519	–	-0.96%	–

Q2 2013

			Value		Shares		↓ Weighting
WFC	New	WELLS FARGO & CO NEW	$4,375,000	–	106,016	–	1.53%	–
T	New	AT&T INC	$4,329,000	–	122,281	–	1.52%	–
MCD	New	MCDONALDS CORP	$4,035,000	–	40,754	–	1.41%	–
AAPL	New	APPLE INC	$3,887,000	–	9,803	–	1.36%	–
TGT	New	TARGET CORP	$3,464,000	–	50,302	–	1.21%	–
USB	New	US BANCORP DEL	$3,377,000	–	93,428	–	1.18%	–
ALL	New	ALLSTATE CORP	$3,366,000	–	69,947	–	1.18%	–
DD	New	DU PONT E I DE NEMOURS & CO	$3,340,000	–	63,624	–	1.17%	–
PBCT	New	PEOPLES UNITED FINANCIAL INC	$3,215,000	–	215,758	–	1.13%	–
MYL	New	MYLAN INC	$3,153,000	–	101,611	–	1.10%	–
VZ	New	VERIZON COMMUNICATIONS INC	$3,027,000	–	60,137	–	1.06%	–
GE	New	GENERAL ELECTRIC CO	$2,975,000	–	128,271	–	1.04%	–
PG	New	PROCTER & GAMBLE CO	$2,966,000	–	38,529	–	1.04%	–
XOM	New	EXXON MOBIL CORP	$2,960,000	–	32,763	–	1.04%	–
AMLP	New	ALPS ETF TRalerian mlp	$2,897,000	–	162,320	–	1.02%	–
KO	New	COCA COLA CO	$2,813,000	–	70,143	–	0.99%	–
SYMC	New	SYMANTEC CORP	$2,807,000	–	124,878	–	0.98%	–
HTS	New	HATTERAS FINL CORP	$2,774,000	–	112,573	–	0.97%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$2,755,000	–	71,010	–	0.97%	–
JBL	New	JABIL CIRCUIT INC	$2,741,000	–	134,519	–	0.96%	–
INTC	New	INTEL CORP	$2,712,000	–	111,914	–	0.95%	–
ESRX	New	EXPRESS SCRIPTS HLDG CO	$2,692,000	–	43,607	–	0.94%	–
MRK	New	MERCK & CO INC NEW	$2,688,000	–	57,860	–	0.94%	–
TWO	New	TWO HBRS INVT CORP	$2,660,000	–	259,483	–	0.93%	–
CSCO	New	CISCO SYS INC	$2,579,000	–	105,987	–	0.90%	–
QCOM	New	QUALCOMM INC	$2,573,000	–	42,123	–	0.90%	–
GOOGL	New	GOOGLE INCcl a	$2,550,000	–	2,897	–	0.89%	–
HE	New	HAWAIIAN ELEC INDUSTRIES	$2,512,000	–	99,246	–	0.88%	–
UTX	New	UNITED TECHNOLOGIES CORP	$2,504,000	–	26,937	–	0.88%	–
EXC	New	EXELON CORP	$2,503,000	–	81,061	–	0.88%	–
BCE	New	BCE INC	$2,456,000	–	59,865	–	0.86%	–
EFT	New	EATON VANCE FLTING RATE INC	$2,451,000	–	147,944	–	0.86%	–
SLB	New	SCHLUMBERGER LTD	$2,444,000	–	34,103	–	0.86%	–
MCK	New	MCKESSON CORP	$2,439,000	–	21,303	–	0.86%	–
CVS	New	CVS CAREMARK CORPORATION	$2,387,000	–	41,747	–	0.84%	–
BAX	New	BAXTER INTL INC	$2,359,000	–	34,048	–	0.83%	–
MFA	New	MFA FINL INC	$2,351,000	–	278,244	–	0.82%	–
WYNN	New	WYNN RESORTS LTD	$2,343,000	–	18,311	–	0.82%	–
NEM	New	NEWMONT MINING CORP	$2,331,000	–	77,822	–	0.82%	–
WM	New	WASTE MGMT INC DEL	$2,272,000	–	56,340	–	0.80%	–
TU	New	TELUS CORP	$2,271,000	–	77,814	–	0.80%	–
EMC	New	E M C CORP MASS	$2,213,000	–	93,706	–	0.78%	–
NVDA	New	NVIDIA CORP	$2,150,000	–	153,168	–	0.75%	–
PXD	New	PIONEER NAT RES CO	$2,138,000	–	14,770	–	0.75%	–
EMR	New	EMERSON ELEC CO	$2,133,000	–	39,115	–	0.75%	–
VMW	New	VMWARE INC	$2,133,000	–	31,845	–	0.75%	–
CAT	New	CATERPILLAR INC DEL	$2,106,000	–	25,535	–	0.74%	–
ABT	New	ABBOTT LABS	$2,079,000	–	59,614	–	0.73%	–
ORCL	New	ORACLE CORP	$2,074,000	–	67,546	–	0.73%	–
C	New	CITIGROUP INC	$2,064,000	–	43,035	–	0.72%	–
JPM	New	JPMORGAN CHASE & CO	$2,045,000	–	38,737	–	0.72%	–
MS	New	MORGAN STANLEY	$2,029,000	–	83,035	–	0.71%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$1,960,000	–	55,065	–	0.69%	–
PFE	New	PFIZER INC	$1,959,000	–	69,942	–	0.69%	–
TTE	New	TOTAL S Asponsored adr	$1,952,000	–	40,080	–	0.68%	–
ROSE	New	ROSETTA RESOURCES INC	$1,937,000	–	45,555	–	0.68%	–
EDE	New	EMPIRE DIST ELEC CO	$1,909,000	–	85,588	–	0.67%	–
RIG	New	TRANSOCEAN LTD	$1,905,000	–	39,727	–	0.67%	–
HD	New	HOME DEPOT INC	$1,899,000	–	24,507	–	0.67%	–
DLTR	New	DOLLAR TREE INC	$1,875,000	–	36,874	–	0.66%	–
SBUX	New	STARBUCKS CORP	$1,867,000	–	28,507	–	0.65%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,865,000	–	12,333	–	0.65%	–
LOW	New	LOWES COS INC	$1,770,000	–	43,265	–	0.62%	–
KMB	New	KIMBERLY CLARK CORP	$1,758,000	–	18,100	–	0.62%	–
JCI	New	JOHNSON CTLS INC	$1,755,000	–	49,041	–	0.62%	–
CMCSA	New	COMCAST CORP NEWcl a	$1,728,000	–	41,380	–	0.61%	–
AKAM	New	AKAMAI TECHNOLOGIES INC	$1,704,000	–	40,040	–	0.60%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$1,687,000	–	24,548	–	0.59%	–
ADI	New	ANALOG DEVICES INC	$1,680,000	–	37,280	–	0.59%	–
NXPI	New	NXP SEMICONDUCTORS N V	$1,681,000	–	54,204	–	0.59%	–
TEVA	New	TEVA PHARMACEUTICAL INDS LTDadr	$1,679,000	–	42,842	–	0.59%	–
OXY	New	OCCIDENTAL PETE CORP DEL	$1,678,000	–	18,803	–	0.59%	–
UNP	New	UNION PAC CORP	$1,663,000	–	10,779	–	0.58%	–
CMI	New	CUMMINS INC	$1,617,000	–	14,905	–	0.57%	–
TRN	New	TRINITY INDS INC	$1,610,000	–	41,885	–	0.56%	–
MA	New	MASTERCARD INCcl a	$1,588,000	–	2,764	–	0.56%	–
SYY	New	SYSCO CORP	$1,585,000	–	46,389	–	0.56%	–
CBI	New	CHICAGO BRIDGE & IRON CO N Vn y registry sh	$1,557,000	–	26,100	–	0.55%	–
BAC	New	BANK OF AMERICA CORPORATION	$1,526,000	–	118,639	–	0.54%	–
ESV	New	ENSCO PLC	$1,524,000	–	26,220	–	0.53%	–
SU	New	SUNCOR ENERGY INC NEW	$1,485,000	–	50,371	–	0.52%	–
SLF	New	SUN LIFE FINL INC	$1,455,000	–	49,109	–	0.51%	–
ACN	New	ACCENTURE PLC IRELAND	$1,430,000	–	19,872	–	0.50%	–
NEE	New	NEXTERA ENERGY INC	$1,383,000	–	16,972	–	0.48%	–
SNDK	New	SANDISK CORP	$1,381,000	–	22,595	–	0.48%	–
CAM	New	CAMERON INTERNATIONAL CORP	$1,370,000	–	22,400	–	0.48%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$1,365,000	–	30,535	–	0.48%	–
MSFT	New	MICROSOFT CORP	$1,334,000	–	38,623	–	0.47%	–
NVS	New	NOVARTIS A Gsponsored adr	$1,302,000	–	18,409	–	0.46%	–
MMM	New	3M CO	$1,300,000	–	11,889	–	0.46%	–
FCX	New	FREEPORT-MCMORAN COPPER & GO	$1,299,000	–	47,041	–	0.46%	–
EXR	New	EXTRA SPACE STORAGE INC	$1,274,000	–	30,382	–	0.45%	–
WMT	New	WAL-MART STORES INC	$1,241,000	–	16,654	–	0.44%	–
PSX	New	PHILLIPS 66	$1,206,000	–	20,469	–	0.42%	–
CHD	New	CHURCH & DWIGHT INC	$1,208,000	–	19,578	–	0.42%	–
REM	New	ISHARES TRmrtg pls cap idx	$1,185,000	–	93,600	–	0.42%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,176,000	–	13,600	–	0.41%	–
SYK	New	STRYKER CORP	$1,161,000	–	17,952	–	0.41%	–
PBP	New	POWERSHARES GLOBAL ETF FDs&p 500 buywrt	$1,154,000	–	57,300	–	0.40%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,150,000	–	23,009	–	0.40%	–
VOD	New	VODAFONE GROUP PLC NEWspons adr new	$1,138,000	–	39,603	–	0.40%	–
DRI	New	DARDEN RESTAURANTS INC	$1,128,000	–	22,343	–	0.40%	–
SJM	New	SMUCKER J M CO	$1,124,000	–	10,894	–	0.39%	–
AFL	New	AFLAC INC	$1,125,000	–	19,348	–	0.39%	–
BP	New	BP PLCsponsored adr	$1,118,000	–	26,785	–	0.39%	–
PSA	New	PUBLIC STORAGE	$1,104,000	–	7,200	–	0.39%	–
GSG	New	ISHARES S&P GSCI COMMODITY Iunit ben int	$1,097,000	–	35,612	–	0.38%	–
SO	New	SOUTHERN CO	$1,093,000	–	24,778	–	0.38%	–
T104PS	New	AMERICAN RLTY CAP PPTYS INC	$1,085,000	–	71,090	–	0.38%	–
POM	New	PEPCO HOLDINGS INC	$1,078,000	–	53,455	–	0.38%	–
CNK	New	CINEMARK HOLDINGS INC	$1,074,000	–	38,469	–	0.38%	–
NUE	New	NUCOR CORP	$1,054,000	–	24,327	–	0.37%	–
MO	New	ALTRIA GROUP INC	$1,043,000	–	29,805	–	0.37%	–
GLD	New	SPDR GOLD TRUST	$1,040,000	–	8,733	–	0.36%	–
XEL	New	XCEL ENERGY INC	$1,041,000	–	36,733	–	0.36%	–
LEG	New	LEGGETT & PLATT INC	$1,042,000	–	33,510	–	0.36%	–
DBC	New	POWERSHARES DB CMDTY IDX TRAunit ben int	$1,036,000	–	41,225	–	0.36%	–
FDO	New	FAMILY DLR STORES INC	$1,036,000	–	16,634	–	0.36%	–
SAP	New	SAP AGspon adr	$1,029,000	–	14,130	–	0.36%	–
AINV	New	APOLLO INVT CORP	$1,022,000	–	132,020	–	0.36%	–
RAI	New	REYNOLDS AMERICAN INC	$1,011,000	–	20,899	–	0.35%	–
LLY	New	LILLY ELI & CO	$1,009,000	–	20,545	–	0.35%	–
O	New	REALTY INCOME CORP	$1,008,000	–	24,040	–	0.35%	–
KAR	New	KAR AUCTION SVCS INC	$1,000,000	–	43,715	–	0.35%	–
HOLX	New	HOLOGIC INC	$997,000	–	51,645	–	0.35%	–
STWD	New	STARWOOD PPTY TR INC	$993,000	–	40,110	–	0.35%	–
VVC	New	VECTREN CORP	$984,000	–	29,100	–	0.34%	–
PAYX	New	PAYCHEX INC	$979,000	–	26,814	–	0.34%	–
LMT	New	LOCKHEED MARTIN CORP	$979,000	–	9,030	–	0.34%	–
DUK	New	DUKE ENERGY CORP NEW	$973,000	–	14,420	–	0.34%	–
AEP	New	AMERICAN ELEC PWR INC	$970,000	–	21,666	–	0.34%	–
HSBC	New	HSBC HLDGS PLCspon adr new	$971,000	–	18,717	–	0.34%	–
HAL	New	HALLIBURTON CO	$965,000	–	23,140	–	0.34%	–
AA	New	ALCOA INC	$949,000	–	121,419	–	0.33%	–
SCG	New	SCANA CORP NEW	$948,000	–	19,300	–	0.33%	–
RRD	New	DONNELLEY R R & SONS CO	$944,000	–	67,370	–	0.33%	–
P105PS	New	INTEGRYS ENERGY GROUP INC	$945,000	–	16,147	–	0.33%	–
TROW	New	PRICE T ROWE GROUP INC	$939,000	–	12,823	–	0.33%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$934,000	–	25,085	–	0.33%	–
PM	New	PHILIP MORRIS INTL INC	$932,000	–	10,760	–	0.33%	–
SON	New	SONOCO PRODS CO	$930,000	–	26,902	–	0.33%	–
ARCC	New	ARES CAP CORP	$925,000	–	53,789	–	0.32%	–
CM	New	CDN IMPERIAL BK OF COMMERCE	$905,000	–	12,752	–	0.32%	–
LO	New	LORILLARD INC	$888,000	–	20,330	–	0.31%	–
CVC	New	CABLEVISION SYS CORPcl a ny cablvs	$870,000	–	51,710	–	0.30%	–
BPT	New	BP PRUDHOE BAY RTY TRunit ben int	$852,000	–	8,855	–	0.30%	–
TE	New	TECO ENERGY INC	$849,000	–	49,382	–	0.30%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$847,000	–	13,272	–	0.30%	–
UVV	New	UNIVERSAL CORP VA	$843,000	–	14,571	–	0.30%	–
GAS	New	AGL RES INC	$827,000	–	19,295	–	0.29%	–
RWX	New	SPDR INDEX SHS FDSdj intl rl etf	$827,000	–	20,728	–	0.29%	–
CNP	New	CENTERPOINT ENERGY INC	$828,000	–	35,245	–	0.29%	–
SSS	New	SOVRAN SELF STORAGE INC	$816,000	–	12,600	–	0.29%	–
D	New	DOMINION RES INC VA NEW	$814,000	–	14,328	–	0.28%	–
VLY	New	VALLEY NATL BANCORP	$813,000	–	85,829	–	0.28%	–
DOW	New	DOW CHEM CO	$810,000	–	25,165	–	0.28%	–
APU	New	AMERIGAS PARTNERS L Punit l p int	$811,000	–	16,400	–	0.28%	–
DTE	New	DTE ENERGY CO	$804,000	–	11,992	–	0.28%	–
NU	New	NORTHEAST UTILS	$801,000	–	19,057	–	0.28%	–
LNT	New	ALLIANT ENERGY CORP	$799,000	–	15,853	–	0.28%	–
PHI	New	PHILIPPINE LONG DISTANCE TELsponsored adr	$779,000	–	11,474	–	0.27%	–
WR	New	WESTAR ENERGY INC	$773,000	–	24,191	–	0.27%	–
TD	New	TORONTO DOMINION BK ONT	$723,000	–	8,997	–	0.25%	–
PEG	New	PUBLIC SVC ENTERPRISE GROUP	$720,000	–	22,057	–	0.25%	–
CHL	New	CHINA MOBILE LIMITEDsponsored adr	$702,000	–	13,566	–	0.25%	–
BNS	New	BANK N S HALIFAX	$700,000	–	13,072	–	0.24%	–
AGNC	New	AMERICAN CAPITAL AGENCY CORP	$694,000	–	30,182	–	0.24%	–
ABBV	New	ABBVIE INC	$594,000	–	14,361	–	0.21%	–
MDT	New	MEDTRONIC INC	$589,000	–	11,439	–	0.21%	–
CVX	New	CHEVRON CORP NEW	$583,000	–	4,927	–	0.20%	–
SJNK	New	SPDR SER TRsht trm hgh yld	$580,000	–	19,230	–	0.20%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$542,000	–	3,378	–	0.19%	–
SCZ	New	ISHARES TRmsci small cap	$539,000	–	12,840	–	0.19%	–
DBA	New	POWERSHS DB MULTI SECT COMMps db agricul fd	$500,000	–	20,085	–	0.18%	–
MINT	New	PIMCO ETF TRenhan shrt mat	$462,000	–	4,560	–	0.16%	–
EMB	New	ISHARES TRjpmorgan usd	$454,000	–	4,144	–	0.16%	–
UGA	New	UNITED STS GASOLINE FD LPunits	$448,000	–	8,255	–	0.16%	–
ELD	New	WISDOMTREE TRem lcl debt fd	$424,000	–	8,820	–	0.15%	–
SLV	New	ISHARES SILVER TRUSTishares	$422,000	–	22,268	–	0.15%	–
COP	New	CONOCOPHILLIPS	$276,000	–	4,560	–	0.10%	–
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$268,000	–	31,119	–	0.09%	–
NQI	New	NUVEEN QUALITY MUN FD INC	$248,000	–	19,063	–	0.09%	–
OTTR	New	OTTER TAIL CORP	$222,000	–	7,800	–	0.08%	–

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