SADOFF INVESTMENT MANAGEMENT LLC Activity Q4 1999-Q3 2022

Q3 2022

			Value		Shares		↓ Weighting
MCK	Sell	MCKESSON CORP	$78,368,000	-0.5%	230,220	-4.5%	6.10%	+3.1%
TMUS	Sell	T-MOBILE US INC	$71,090,000	-2.6%	529,848	-2.3%	5.53%	+1.0%
MSI	Sell	MOTOROLA SOLUTIONS INC	$69,117,000	+3.3%	307,514	-3.3%	5.38%	+7.1%
MS	Sell	MORGAN STANLEY	$64,438,000	+1.9%	815,571	-1.9%	5.02%	+5.6%
WM	Sell	WASTE MGMT INC DEL	$62,556,000	+1.9%	390,460	-2.7%	4.87%	+5.6%
HD	Sell	HOME DEPOT INC	$57,990,000	-1.3%	210,153	-1.9%	4.51%	+2.3%
SCHW	Sell	SCHWAB CHARLES CORP	$50,336,000	+11.5%	700,377	-2.0%	3.92%	+15.5%
TXN	Sell	TEXAS INSTRS INC	$44,739,000	-1.3%	289,051	-2.0%	3.48%	+2.4%
DHI	Sell	D R HORTON INC	$43,417,000	-0.2%	644,641	-1.9%	3.38%	+3.4%
CSCO	Sell	CISCO SYS INC	$43,143,000	-7.7%	1,078,582	-1.6%	3.36%	-4.4%
ABC	Sell	AMERISOURCEBERGEN CORP	$40,483,000	-7.0%	299,145	-2.7%	3.15%	-3.6%
CVS	Sell	CVS HEALTH CORP	$37,815,000	+0.9%	396,509	-1.9%	2.94%	+4.6%
RSG	Sell	REPUBLIC SVCS INC	$35,792,000	+1.1%	262,147	-2.7%	2.79%	+4.8%
AMD	Sell	ADVANCED MICRO DEVICES INC	$34,500,000	-18.8%	544,510	-2.0%	2.68%	-15.8%
CIEN	Sell	CIENA CORP	$33,641,000	-13.2%	832,086	-1.9%	2.62%	-10.1%
F	Sell	FORD MTR CO DEL	$33,405,000	-1.0%	2,982,622	-1.6%	2.60%	+2.6%
	Sell	GENERAL ELECTRIC CO	$33,261,000	-4.5%	536,567	-1.8%	2.59%	-1.0%
MAS	Sell	MASCO CORP	$31,690,000	-9.7%	678,738	-2.1%	2.47%	-6.4%
GLW	Sell	CORNING INC	$26,719,000	-9.6%	920,723	-1.9%	2.08%	-6.3%
ADI	Sell	ANALOG DEVICES INC	$26,394,000	-7.1%	189,422	-2.6%	2.05%	-3.7%
ETN	Sell	EATON CORP PLC	$24,500,000	+3.5%	183,717	-2.2%	1.91%	+7.3%
MTG	Sell	MGIC INVT CORP WIS	$24,087,000	-0.7%	1,878,832	-2.4%	1.88%	+2.9%
PG	Sell	PROCTER AND GAMBLE CO	$24,051,000	-14.0%	190,505	-2.1%	1.87%	-10.9%
BAC	Sell	BK OF AMERICA CORP	$23,520,000	-5.0%	778,811	-2.1%	1.83%	-1.6%
PFF	Sell	ISHARES TRpfd and incm sec	$22,027,000	-5.1%	695,515	-1.5%	1.71%	-1.7%
JNPR	Sell	JUNIPER NETWORKS INC	$21,689,000	-10.2%	830,347	-2.1%	1.69%	-7.0%
GM	Sell	GENERAL MTRS CO	$21,051,000	-0.9%	655,999	-2.0%	1.64%	+2.6%
PCAR	Sell	PACCAR INC	$20,277,000	+0.0%	242,290	-1.6%	1.58%	+3.6%
BX	Sell	BLACKSTONE INC	$20,261,000	-11.9%	242,071	-4.0%	1.58%	-8.7%
	Sell	BATH & BODY WORKS INC	$18,327,000	+18.5%	562,183	-2.2%	1.43%	+22.7%
RDN	Sell	RADIAN GROUP INC	$17,474,000	-3.6%	905,851	-1.8%	1.36%	-0.1%
SO	Sell	SOUTHERN CO	$13,054,000	-5.8%	191,971	-1.2%	1.02%	-2.3%
SRCL	Sell	STERICYCLE INC	$13,004,000	-5.1%	308,813	-1.1%	1.01%	-1.7%
ED	Sell	CONSOLIDATED EDISON INC	$12,451,000	-10.8%	145,190	-1.1%	0.97%	-7.5%
ORI	Sell	OLD REP INTL CORP	$11,760,000	-7.8%	561,875	-1.5%	0.92%	-4.5%
DUK	Sell	DUKE ENERGY CORP NEW	$11,566,000	-14.9%	124,338	-1.9%	0.90%	-11.8%
AAPL	Sell	APPLE INC	$11,190,000	-3.0%	80,969	-4.1%	0.87%	+0.6%
MPW	Sell	MEDICAL PPTYS TRUST INC	$8,130,000	-23.0%	669,110	-1.4%	0.63%	-20.2%
AB	Sell	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$7,024,000	-17.4%	200,345	-2.1%	0.55%	-14.4%
	Sell	VICTORIAS SECRET AND CO	$5,638,000	+1.9%	193,603	-2.1%	0.44%	+5.8%
MUB	Sell	ISHARES TRnational mun etf	$4,397,000	-7.1%	42,866	-3.7%	0.34%	-3.7%
XEL	Sell	XCEL ENERGY INC	$3,828,000	-10.0%	59,362	-0.5%	0.30%	-6.6%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$3,617,000	-3.3%	48,346	-0.7%	0.28%	+0.4%
WEC	Sell	WEC ENERGY GROUP INC	$2,399,000	-16.9%	26,829	-6.5%	0.19%	-13.8%
TFI	Sell	SPDR SER TRnuveen blmbrg mu	$2,404,000	-5.8%	54,660	-1.8%	0.19%	-2.6%
SHM	Sell	SPDR SER TRnuveen blmbrg sh	$1,656,000	-3.8%	35,925	-1.4%	0.13%	0.0%
MSFT	Sell	MICROSOFT CORP	$1,272,000	-9.7%	5,462	-0.4%	0.10%	-6.6%
ITM	Sell	VANECK ETF TRUSTintrmdt muni etf	$1,111,000	-5.8%	25,512	-1.3%	0.09%	-3.4%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$830,000	-18.3%	3,107	-16.5%	0.06%	-14.5%
AMZN	Sell	AMAZON COM INC	$692,000	-2.8%	6,125	-8.6%	0.05%	+1.9%
JNJ	Sell	JOHNSON & JOHNSON	$662,000	-13.2%	4,052	-5.7%	0.05%	-8.8%
GOOGL	Buy	ALPHABET INCcap stk cl a	$549,000	-11.9%	5,740	+1907.0%	0.04%	-8.5%
JPM	Sell	JPMORGAN CHASE & CO	$447,000	-9.9%	4,276	-2.9%	0.04%	-5.4%
TMO	Buy	THERMO FISHER SCIENTIFIC INC	$439,000	-6.0%	865	+0.7%	0.03%	-2.9%
VBR	Buy	VANGUARD INDEX FDSsm cp val etf	$427,000	-2.3%	2,976	+2.1%	0.03%	0.0%
MCD	Sell	MCDONALDS CORP	$412,000	-15.7%	1,785	-9.9%	0.03%	-13.5%
V	Sell	VISA INC	$380,000	-11.6%	2,138	-2.2%	0.03%	-6.2%
MA	Sell	MASTERCARD INCORPORATEDcl a	$356,000	-14.8%	1,252	-5.4%	0.03%	-9.7%
MRK	Buy	MERCK & CO INC	$338,000	+2.4%	3,893	+8.4%	0.03%	+4.0%
KO	Buy	COCA COLA CO	$331,000	-10.3%	5,854	+0.5%	0.03%	-7.1%
SPGI	Buy	S&P GLOBAL INC	$325,000	-8.5%	1,063	+0.9%	0.02%	-7.4%
XOM	Sell	EXXON MOBIL CORP	$304,000	-15.1%	3,483	-16.7%	0.02%	-11.1%
ABT	Sell	ABBOTT LABS	$312,000	-13.1%	3,222	-2.5%	0.02%	-11.1%
AON	Buy	AON PLC	$305,000	+1.7%	1,139	+2.5%	0.02%	+4.3%
LQD	Sell	ISHARES TRiboxx inv cp etf	$274,000	-23.0%	2,671	-17.4%	0.02%	-22.2%
IJR	Sell	ISHARES TRcore s&p scp etf	$240,000	-12.1%	2,756	-6.8%	0.02%	-9.5%
D	Sell	DOMINION ENERGY INC	$228,000	-33.7%	3,304	-23.2%	0.02%	-30.8%
IVV	Sell	ISHARES TRcore s&p500 etf	$214,000	-36.9%	597	-33.2%	0.02%	-32.0%
AMT	Buy	AMERICAN TOWER CORP NEW	$219,000	-14.8%	1,022	+2.2%	0.02%	-10.5%
GOOG	Buy	ALPHABET INCcap stk cl c	$219,000	-13.8%	2,280	+1865.5%	0.02%	-10.5%
DHR	Buy	DANAHER CORPORATION	$217,000	+4.3%	839	+2.2%	0.02%	+6.2%
IUSG	Sell	ISHARES TRcore s&p us gwt	$200,000	-20.9%	2,500	-17.4%	0.02%	-15.8%
SPIB	Exit	SPDR SER TRportfolio intrmd	$0	–	-6,303	–	-0.02%	–
BA	Exit	BOEING CO	$0	–	-1,550	–	-0.02%	–
PFE	Exit	PFIZER INC	$0	–	-4,043	–	-0.02%	–
DGRO	Exit	ISHARES TRcore div grwth	$0	–	-4,448	–	-0.02%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-1,421	–	-0.02%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-1,200	–	-0.02%	–
HELE	Exit	HELEN OF TROY LTD	$0	–	-1,460	–	-0.02%	–

Q2 2022

			Value		Shares		↓ Weighting
MCK	New	MCKESSON CORP	$78,750,000	–	241,064	–	5.91%	–
TMUS	New	T-MOBILE US INC	$72,955,000	–	542,258	–	5.48%	–
MSI	New	MOTOROLA SOLUTIONS INC	$66,882,000	–	317,891	–	5.02%	–
MS	New	MORGAN STANLEY	$63,255,000	–	831,650	–	4.75%	–
WM	New	WASTE MGMT INC DEL	$61,404,000	–	401,384	–	4.61%	–
HD	New	HOME DEPOT INC	$58,764,000	–	214,258	–	4.41%	–
CSCO	New	CISCO SYS INC	$46,750,000	–	1,096,393	–	3.51%	–
TXN	New	TEXAS INSTRS INC	$45,306,000	–	294,863	–	3.40%	–
SCHW	New	SCHWAB CHARLES CORP	$45,163,000	–	714,829	–	3.39%	–
DHI	New	D R HORTON INC	$43,498,000	–	657,170	–	3.27%	–
ABC	New	AMERISOURCEBERGEN CORP	$43,508,000	–	307,518	–	3.27%	–
AMD	New	ADVANCED MICRO DEVICES INC	$42,467,000	–	555,340	–	3.19%	–
CIEN	New	CIENA CORP	$38,776,000	–	848,490	–	2.91%	–
CVS	New	CVS HEALTH CORP	$37,466,000	–	404,338	–	2.81%	–
RSG	New	REPUBLIC SVCS INC	$35,389,000	–	269,463	–	2.66%	–
MAS	New	MASCO CORP	$35,086,000	–	693,402	–	2.64%	–
	New	GENERAL ELECTRIC CO	$34,818,000	–	546,151	–	2.62%	–
F	New	FORD MTR CO DEL	$33,726,000	–	3,030,175	–	2.53%	–
GLW	New	CORNING INC	$29,563,000	–	938,208	–	2.22%	–
ADI	New	ANALOG DEVICES INC	$28,412,000	–	194,486	–	2.13%	–
PG	New	PROCTER AND GAMBLE CO	$27,974,000	–	194,548	–	2.10%	–
BAC	New	BK OF AMERICA CORP	$24,766,000	–	795,572	–	1.86%	–
MTG	New	MGIC INVT CORP WIS	$24,265,000	–	1,925,818	–	1.82%	–
JNPR	New	JUNIPER NETWORKS INC	$24,166,000	–	847,925	–	1.82%	–
ETN	New	EATON CORP PLC	$23,673,000	–	187,893	–	1.78%	–
PFF	New	ISHARES TRpfd and incm sec	$23,207,000	–	705,795	–	1.74%	–
BX	New	BLACKSTONE INC	$23,000,000	–	252,113	–	1.73%	–
GM	New	GENERAL MTRS CO	$21,251,000	–	669,112	–	1.60%	–
PCAR	New	PACCAR INC	$20,275,000	–	246,240	–	1.52%	–
RDN	New	RADIAN GROUP INC	$18,132,000	–	922,756	–	1.36%	–
	New	BATH & BODY WORKS INC	$15,470,000	–	574,653	–	1.16%	–
ED	New	CONSOLIDATED EDISON INC	$13,954,000	–	146,735	–	1.05%	–
SO	New	SOUTHERN CO	$13,852,000	–	194,251	–	1.04%	–
SRCL	New	STERICYCLE INC	$13,696,000	–	312,333	–	1.03%	–
DUK	New	DUKE ENERGY CORP NEW	$13,588,000	–	126,740	–	1.02%	–
ORI	New	OLD REP INTL CORP	$12,754,000	–	570,380	–	0.96%	–
AAPL	New	APPLE INC	$11,538,000	–	84,389	–	0.87%	–
MPW	New	MEDICAL PPTYS TRUST INC	$10,563,000	–	678,850	–	0.79%	–
AB	New	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$8,508,000	–	204,625	–	0.64%	–
	New	VICTORIAS SECRET AND CO	$5,531,000	–	197,760	–	0.42%	–
MUB	New	ISHARES TRnational mun etf	$4,732,000	–	44,491	–	0.36%	–
XEL	New	XCEL ENERGY INC	$4,251,000	–	59,662	–	0.32%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$3,739,000	–	48,696	–	0.28%	–
WEC	New	WEC ENERGY GROUP INC	$2,886,000	–	28,679	–	0.22%	–
TFI	New	SPDR SER TRnuveen blmbrg mu	$2,553,000	–	55,660	–	0.19%	–
SHM	New	SPDR SER TRnuveen blmbrg sh	$1,721,000	–	36,425	–	0.13%	–
MSFT	New	MICROSOFT CORP	$1,409,000	–	5,485	–	0.11%	–
ITM	New	VANECK ETF TRUSTintrmdt muni etf	$1,180,000	–	25,837	–	0.09%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,016,000	–	3,722	–	0.08%	–
BIV	New	VANGUARD BD INDEX FDSintermed term	$962,000	–	12,390	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$763,000	–	4,299	–	0.06%	–
AMZN	New	AMAZON COM INC	$712,000	–	6,700	–	0.05%	–
GOOGL	New	ALPHABET INCcap stk cl a	$623,000	–	286	–	0.05%	–
FAST	New	FASTENAL CO	$597,000	–	11,960	–	0.04%	–
FISV	New	FISERV INC	$563,000	–	6,329	–	0.04%	–
MCD	New	MCDONALDS CORP	$489,000	–	1,982	–	0.04%	–
JPM	New	JPMORGAN CHASE & CO	$496,000	–	4,405	–	0.04%	–
LLY	New	LILLY ELI & CO	$475,000	–	1,465	–	0.04%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$467,000	–	859	–	0.04%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$437,000	–	2,916	–	0.03%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$427,000	–	5,593	–	0.03%	–
V	New	VISA INC	$430,000	–	2,186	–	0.03%	–
ONB	New	OLD NATL BANCORP IND	$419,000	–	28,340	–	0.03%	–
MA	New	MASTERCARD INCORPORATEDcl a	$418,000	–	1,324	–	0.03%	–
KO	New	COCA COLA CO	$369,000	–	5,826	–	0.03%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$379,000	–	1,000	–	0.03%	–
ABT	New	ABBOTT LABS	$359,000	–	3,304	–	0.03%	–
XOM	New	EXXON MOBIL CORP	$358,000	–	4,183	–	0.03%	–
LQD	New	ISHARES TRiboxx inv cp etf	$356,000	–	3,233	–	0.03%	–
SPGI	New	S&P GLOBAL INC	$355,000	–	1,053	–	0.03%	–
SHY	New	ISHARES TR1 3 yr treas bd	$347,000	–	4,194	–	0.03%	–
D	New	DOMINION ENERGY INC	$344,000	–	4,304	–	0.03%	–
MRK	New	MERCK & CO INC	$330,000	–	3,590	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$339,000	–	894	–	0.02%	–
AON	New	AON PLC	$300,000	–	1,111	–	0.02%	–
IJR	New	ISHARES TRcore s&p scp etf	$273,000	–	2,956	–	0.02%	–
IEF	New	ISHARES TR7-10 yr trsy bd	$267,000	–	2,612	–	0.02%	–
GOOG	New	ALPHABET INCcap stk cl c	$254,000	–	116	–	0.02%	–
AMT	New	AMERICAN TOWER CORP NEW	$257,000	–	1,000	–	0.02%	–
IUSG	New	ISHARES TRcore s&p us gwt	$253,000	–	3,026	–	0.02%	–
HELE	New	HELEN OF TROY LTD	$237,000	–	1,460	–	0.02%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$236,000	–	1,200	–	0.02%	–
FB	New	META PLATFORMS INCcl a	$229,000	–	1,421	–	0.02%	–
BIL	New	SPDR SER TRbloomberg 1-3 mo	$209,000	–	2,282	–	0.02%	–
PFE	New	PFIZER INC	$212,000	–	4,043	–	0.02%	–
DGRO	New	ISHARES TRcore div grwth	$212,000	–	4,448	–	0.02%	–
VUG	New	VANGUARD INDEX FDSgrowth etf	$209,000	–	936	–	0.02%	–
DHR	New	DANAHER CORPORATION	$208,000	–	821	–	0.02%	–
BA	New	BOEING CO	$212,000	–	1,550	–	0.02%	–
WMT	New	WALMART INC	$215,000	–	1,768	–	0.02%	–
BFC	New	BANK FIRST CORP	$213,000	–	2,800	–	0.02%	–
SPIB	New	SPDR SER TRportfolio intrmd	$206,000	–	6,303	–	0.02%	–
RWLK	New	REWALK ROBOTICS LTD	$16,000	–	16,600	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
RWLK	Exit	REWALK ROBOTICS LTD	$0	–	-15,000	–	-0.00%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-669	–	-0.01%	–
BIL	Exit	SPDR SER TRspdr bloomberg	$0	–	-2,282	–	-0.01%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,624	–	-0.01%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-1,819	–	-0.01%	–
ROK	Exit	ROCKWELL AUTOMATION INC	$0	–	-716	–	-0.01%	–
WMT	Exit	WALMART INC	$0	–	-1,580	–	-0.02%	–
SPIB	Exit	SPDR SER TRportfolio intrmd	$0	–	-6,303	–	-0.02%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-407	–	-0.02%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-1,829	–	-0.02%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-1,000	–	-0.02%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-3,000	–	-0.02%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-5,015	–	-0.02%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-1,385	–	-0.02%	–
HELE	Exit	HELEN OF TROY LTD	$0	–	-1,460	–	-0.02%	–
USB	Exit	US BANCORP DEL	$0	–	-5,507	–	-0.02%	–
SPTM	Exit	SPDR SER TRportfoli s&p1500	$0	–	-6,000	–	-0.02%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,500	–	-0.02%	–
BA	Exit	BOEING CO	$0	–	-1,550	–	-0.02%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-4,194	–	-0.02%	–
AON	Exit	AON PLC	$0	–	-1,311	–	-0.02%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-3,218	–	-0.03%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-153	–	-0.03%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,523	–	-0.03%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-3,233	–	-0.03%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-3,969	–	-0.03%	–
NFLX	Exit	NETFLIX INC	$0	–	-712	–	-0.03%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-995	–	-0.03%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-3,662	–	-0.03%	–
INTC	Exit	INTEL CORP	$0	–	-8,443	–	-0.03%	–
KO	Exit	COCA COLA CO	$0	–	-8,460	–	-0.03%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-5,623	–	-0.03%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,074	–	-0.03%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-1,090	–	-0.03%	–
V	Exit	VISA INC	$0	–	-2,324	–	-0.04%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,692	–	-0.04%	–
LLY	Exit	LILLY ELI & CO	$0	–	-2,750	–	-0.04%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-8,598	–	-0.04%	–
FAST	Exit	FASTENAL CO	$0	–	-12,628	–	-0.04%	–
MCD	Exit	MCDONALDS CORP	$0	–	-2,696	–	-0.04%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,951	–	-0.05%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-4,788	–	-0.05%	–
FISV	Exit	FISERV INC	$0	–	-7,220	–	-0.05%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-319	–	-0.06%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-5,226	–	-0.06%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-1,805	–	-0.07%	–
BIV	Exit	VANGUARD BD INDEX FDSintermed term	$0	–	-13,126	–	-0.08%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-4,294	–	-0.08%	–
AMZN	Exit	AMAZON COM INC	$0	–	-360	–	-0.08%	–
CLX	Exit	CLOROX CO DEL	$0	–	-7,455	–	-0.08%	–
ITM	Exit	VANECK ETF TRUSTintrmdt muni etf	$0	–	-26,162	–	-0.09%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-5,493	–	-0.10%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-21,631	–	-0.13%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-38,725	–	-0.13%	–
TFI	Exit	SPDR SER TRnuveen brc munic	$0	–	-59,248	–	-0.21%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-62,012	–	-0.26%	–
BSV	Exit	VANGUARD BD INDEX FDSshort trm bond	$0	–	-52,209	–	-0.29%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-45,148	–	-0.36%	–
T	Exit	AT&T INC	$0	–	-286,558	–	-0.52%	–
ED	Exit	CONSOLIDATED EDISON INC	$0	–	-141,145	–	-0.69%	–
AB	Exit	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$0	–	-213,995	–	-0.72%	–
	Exit	VICTORIAS SECRET AND CO	$0	–	-199,520	–	-0.75%	–
SO	Exit	SOUTHERN CO	$0	–	-189,015	–	-0.79%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-122,817	–	-0.81%	–
AAPL	Exit	APPLE INC	$0	–	-85,426	–	-0.82%	–
ORI	Exit	OLD REP INTL CORP	$0	–	-564,380	–	-0.88%	–
PCAR	Exit	PACCAR INC	$0	–	-232,300	–	-1.24%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-921,420	–	-1.42%	–
SRCL	Exit	STERICYCLE INC	$0	–	-324,920	–	-1.50%	–
ETN	Exit	EATON CORP PLC	$0	–	-188,470	–	-1.90%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-202,149	–	-1.91%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-2,020,390	–	-2.05%	–
BX	Exit	BLACKSTONE INC	$0	–	-290,229	–	-2.29%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-204,210	–	-2.32%	–
GLW	Exit	CORNING INC	$0	–	-947,160	–	-2.34%	–
GM	Exit	GENERAL MTRS CO	$0	–	-656,913	–	-2.34%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-295,292	–	-2.40%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-843,769	–	-2.42%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-306,055	–	-2.48%	–
	Exit	BATH & BODY WORKS INC	$0	–	-603,450	–	-2.58%	–
MAS	Exit	MASCO CORP	$0	–	-710,130	–	-2.67%	–
F	Exit	FORD MTR CO DEL	$0	–	-3,051,750	–	-2.92%	–
CIEN	Exit	CIENA CORP	$0	–	-846,005	–	-2.94%	–
MCK	Exit	MCKESSON CORP	$0	–	-249,330	–	-3.36%	–
	Exit	GENERAL ELECTRIC CO	$0	–	-537,024	–	-3.74%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-292,951	–	-3.81%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,079,030	–	-3.98%	–
DHI	Exit	D R HORTON INC	$0	–	-699,744	–	-3.98%	–
XLNX	Exit	XILINX INC	$0	–	-394,633	–	-4.03%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-830,230	–	-4.09%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-442,695	–	-4.48%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-536,040	–	-4.64%	–
MSI	Exit	MOTOROLA SOLUTIONS INC	$0	–	-331,500	–	-5.21%	–
HD	Exit	HOME DEPOT INC	$0	–	-239,185	–	-5.32%	–
MS	Exit	MORGAN STANLEY	$0	–	-976,461	–	-6.43%	–

Q3 2021

			Value		Shares		↓ Weighting
MS	Sell	MORGAN STANLEY	$95,019,000	+2.4%	976,461	-3.5%	6.43%	+3.8%
HD	Sell	HOME DEPOT INC	$78,515,000	+0.9%	239,185	-1.9%	5.32%	+2.3%
MSI	Sell	MOTOROLA SOLUTIONS INC	$77,014,000	+5.2%	331,500	-1.8%	5.21%	+6.7%
TMUS	Sell	T-MOBILE US INC	$68,484,000	-14.2%	536,040	-2.7%	4.64%	-13.0%
WM	Sell	WASTE MGMT INC DEL	$66,121,000	+4.3%	442,695	-2.1%	4.48%	+5.8%
SCHW	Sell	SCHWAB CHARLES CORP	$60,474,000	-1.8%	830,230	-1.8%	4.09%	-0.4%
XLNX	Sell	XILINX INC	$59,586,000	+2.0%	394,633	-2.3%	4.03%	+3.4%
DHI	Sell	D R HORTON INC	$58,758,000	-9.1%	699,744	-2.1%	3.98%	-7.8%
CSCO	Sell	CISCO SYS INC	$58,732,000	+2.3%	1,079,030	-0.4%	3.98%	+3.7%
TXN	Sell	TEXAS INSTRS INC	$56,308,000	-1.4%	292,951	-1.4%	3.81%	-0.1%
	New	GENERAL ELECTRIC CO	$55,330,000	–	537,024	–	3.74%	–
MCK	Sell	MCKESSON CORP	$49,711,000	+3.8%	249,330	-0.4%	3.36%	+5.3%
CIEN	Sell	CIENA CORP	$43,442,000	-10.5%	846,005	-0.9%	2.94%	-9.3%
F	Sell	FORD MTR CO DEL	$43,213,000	-5.5%	3,051,750	-0.8%	2.92%	-4.2%
MAS	Sell	MASCO CORP	$39,448,000	-7.2%	710,130	-1.5%	2.67%	-5.9%
	New	BATH & BODY WORKS INC	$38,035,000	–	603,450	–	2.58%	–
ABC	Sell	AMERISOURCEBERGEN CORP	$36,558,000	+4.2%	306,055	-0.1%	2.48%	+5.6%
BAC	Sell	BK OF AMERICA CORP	$35,818,000	+1.3%	843,769	-1.6%	2.42%	+2.7%
RSG	Sell	REPUBLIC SVCS INC	$35,453,000	+6.7%	295,292	-2.2%	2.40%	+8.2%
GM	Buy	GENERAL MTRS CO	$34,626,000	-10.4%	656,913	+0.6%	2.34%	-9.1%
GLW	Sell	CORNING INC	$34,562,000	-12.9%	947,160	-2.3%	2.34%	-11.7%
ADI	Sell	ANALOG DEVICES INC	$34,201,000	-4.8%	204,210	-2.1%	2.32%	-3.4%
BX	Sell	BLACKSTONE INC	$33,765,000	+16.8%	290,229	-2.5%	2.29%	+18.4%
MTG	Sell	MGIC INVT CORP WIS	$30,225,000	+6.5%	2,020,390	-3.2%	2.05%	+8.0%
PG	Sell	PROCTER AND GAMBLE CO	$28,260,000	+0.6%	202,149	-2.9%	1.91%	+2.0%
ETN	Sell	EATON CORP PLC	$28,140,000	-0.2%	188,470	-1.0%	1.90%	+1.2%
SRCL	Sell	STERICYCLE INC	$22,085,000	-6.2%	324,920	-1.3%	1.50%	-4.9%
RDN	Sell	RADIAN GROUP INC	$20,935,000	+1.2%	921,420	-0.9%	1.42%	+2.6%
PCAR	Sell	PACCAR INC	$18,333,000	-11.8%	232,300	-0.2%	1.24%	-10.5%
ORI	Sell	OLD REP INTL CORP	$13,054,000	-8.6%	564,380	-1.6%	0.88%	-7.3%
AAPL	Buy	APPLE INC	$12,088,000	+3.5%	85,426	+0.1%	0.82%	+4.9%
DUK	Sell	DUKE ENERGY CORP NEW	$11,986,000	-2.4%	122,817	-1.3%	0.81%	-1.1%
SO	Sell	SOUTHERN CO	$11,713,000	+0.9%	189,015	-1.4%	0.79%	+2.3%
	New	VICTORIAS SECRET AND CO	$11,025,000	–	199,520	–	0.75%	–
AB	Sell	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$10,610,000	+2.5%	213,995	-3.7%	0.72%	+3.9%
ED	Sell	CONSOLIDATED EDISON INC	$10,246,000	+1.2%	141,145	-0.1%	0.69%	+2.7%
T	Sell	AT&T INC	$7,740,000	-10.5%	286,558	-4.7%	0.52%	-9.2%
MUB	Sell	ISHARES TRnational mun etf	$5,245,000	-1.0%	45,148	-0.2%	0.36%	+0.3%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$4,278,000	-3.1%	52,209	-2.9%	0.29%	-1.7%
XEL	Sell	XCEL ENERGY INC	$3,876,000	-13.5%	62,012	-8.8%	0.26%	-12.4%
TFI	Sell	SPDR SER TRnuveen brc munic	$3,055,000	-1.1%	59,248	-0.0%	0.21%	+0.5%
WEC	Sell	WEC ENERGY GROUP INC	$1,908,000	-10.0%	21,631	-9.2%	0.13%	-9.2%
MSFT	Buy	MICROSOFT CORP	$1,549,000	+8.5%	5,493	+4.3%	0.10%	+10.5%
CLX	Sell	CLOROX CO DEL	$1,235,000	-15.1%	7,455	-7.8%	0.08%	-13.4%
AMZN	Buy	AMAZON COM INC	$1,183,000	-3.1%	360	+1.4%	0.08%	-2.4%
BIV	Buy	VANGUARD BD INDEX FDSintermed term	$1,174,000	+0.4%	13,126	+1.0%	0.08%	+1.3%
JPM	Buy	JPMORGAN CHASE & CO	$855,000	+8.2%	5,226	+2.9%	0.06%	+9.4%
FISV	Sell	FISERV INC	$783,000	+0.8%	7,220	-0.7%	0.05%	+1.9%
JNJ	Buy	JOHNSON & JOHNSON	$773,000	+1.0%	4,788	+3.2%	0.05%	+2.0%
MCD	Sell	MCDONALDS CORP	$650,000	+0.9%	2,696	-3.3%	0.04%	+2.3%
FAST	Buy	FASTENAL CO	$652,000	+0.6%	12,628	+1.3%	0.04%	+2.3%
IEFA	Buy	ISHARES TRcore msci eafe	$638,000	+2.9%	8,598	+3.8%	0.04%	+4.9%
FB	Sell	FACEBOOK INCcl a	$574,000	-9.9%	1,692	-7.6%	0.04%	-9.3%
V	Sell	VISA INC	$518,000	-15.9%	2,324	-11.8%	0.04%	-14.6%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$468,000	-8.1%	1,090	-8.4%	0.03%	-5.9%
VCSH	Buy	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$463,000	+2.0%	5,623	+2.5%	0.03%	+3.3%
INTC	Sell	INTEL CORP	$450,000	-8.4%	8,443	-3.4%	0.03%	-9.1%
KO	Sell	COCA COLA CO	$444,000	-25.6%	8,460	-23.3%	0.03%	-25.0%
LQD	Buy	ISHARES TRiboxx inv cp etf	$430,000	0.0%	3,233	+1.0%	0.03%	0.0%
IJR	Buy	ISHARES TRcore s&p scp etf	$433,000	+20.9%	3,969	+25.2%	0.03%	+20.8%
IVV	Buy	ISHARES TRcore s&p500 etf	$429,000	+24.0%	995	+23.8%	0.03%	+26.1%
IEF	Sell	ISHARES TRbarclays 7 10 yr	$422,000	-21.6%	3,662	-21.5%	0.03%	-19.4%
ABT	Sell	ABBOTT LABS	$416,000	-15.1%	3,523	-16.6%	0.03%	-15.2%
FIS	Sell	FIDELITY NATL INFORMATION SV	$392,000	-16.8%	3,218	-3.2%	0.03%	-12.9%
SHY	Buy	ISHARES TR1 3 yr treas bd	$361,000	+8.7%	4,194	+9.0%	0.02%	+9.1%
USB	Buy	US BANCORP DEL	$327,000	+7.6%	5,507	+3.2%	0.02%	+10.0%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$308,000	+19.4%	1,385	+19.6%	0.02%	+23.5%
SPIB	Buy	SPDR SER TRportfolio intrmd	$230,000	+8.0%	6,303	+8.6%	0.02%	+14.3%
MDT	New	MEDTRONIC PLC	$229,000	–	1,829	–	0.02%	–
NEE	Sell	NEXTERA ENERGY INC	$206,000	-26.4%	2,624	-31.4%	0.01%	-26.3%
ROK	Sell	ROCKWELL AUTOMATION INC	$211,000	-19.5%	716	-21.8%	0.01%	-17.6%
DHR	New	DANAHER CORPORATION	$204,000	–	669	–	0.01%	–
BIL	Buy	SPDR SER TRspdr bloomberg	$209,000	+0.5%	2,282	+0.4%	0.01%	0.0%
AGG	New	ISHARES TRcore us aggbd et	$209,000	–	1,819	–	0.01%	–
MRK	Exit	MERCK & CO INC	$0	–	-2,597	–	-0.01%	–
LB	Exit	L BRANDS INC	$0	–	-613,700	–	-2.95%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-4,362,645	–	-3.92%	–

Q2 2021

			Value		Shares		↓ Weighting
MS	New	MORGAN STANLEY	$92,771,000	–	1,011,795	–	6.19%	–
TMUS	New	T-MOBILE US INC	$79,777,000	–	550,832	–	5.33%	–
HD	New	HOME DEPOT INC	$77,785,000	–	243,925	–	5.19%	–
MSI	New	MOTOROLA SOLUTIONS INC	$73,191,000	–	337,520	–	4.89%	–
DHI	New	D R HORTON INC	$64,614,000	–	714,994	–	4.31%	–
WM	New	WASTE MGMT INC DEL	$63,365,000	–	452,250	–	4.23%	–
SCHW	New	SCHWAB CHARLES CORP	$61,569,000	–	845,605	–	4.11%	–
GE	New	GENERAL ELECTRIC CO	$58,721,000	–	4,362,645	–	3.92%	–
XLNX	New	XILINX INC	$58,416,000	–	403,873	–	3.90%	–
CSCO	New	CISCO SYS INC	$57,428,000	–	1,083,546	–	3.83%	–
TXN	New	TEXAS INSTRS INC	$57,135,000	–	297,116	–	3.82%	–
CIEN	New	CIENA CORP	$48,557,000	–	853,530	–	3.24%	–
MCK	New	MCKESSON CORP	$47,871,000	–	250,320	–	3.20%	–
F	New	FORD MTR CO DEL	$45,731,000	–	3,077,450	–	3.05%	–
LB	New	L BRANDS INC	$44,223,000	–	613,700	–	2.95%	–
MAS	New	MASCO CORP	$42,487,000	–	721,215	–	2.84%	–
GLW	New	CORNING INC	$39,667,000	–	969,860	–	2.65%	–
GM	New	GENERAL MTRS CO	$38,633,000	–	652,910	–	2.58%	–
ADI	New	ANALOG DEVICES INC	$35,910,000	–	208,586	–	2.40%	–
BAC	New	BK OF AMERICA CORP	$35,367,000	–	857,807	–	2.36%	–
ABC	New	AMERISOURCEBERGEN CORP	$35,091,000	–	306,495	–	2.34%	–
RSG	New	REPUBLIC SVCS INC	$33,229,000	–	302,055	–	2.22%	–
BX	New	BLACKSTONE GROUP INC	$28,904,000	–	297,554	–	1.93%	–
MTG	New	MGIC INVT CORP WIS	$28,375,000	–	2,086,390	–	1.89%	–
ETN	New	EATON CORP PLC	$28,198,000	–	190,295	–	1.88%	–
PG	New	PROCTER AND GAMBLE CO	$28,083,000	–	208,131	–	1.88%	–
SRCL	New	STERICYCLE INC	$23,551,000	–	329,155	–	1.57%	–
PCAR	New	PACCAR INC	$20,775,000	–	232,775	–	1.39%	–
RDN	New	RADIAN GROUP INC	$20,691,000	–	929,945	–	1.38%	–
ORI	New	OLD REP INTL CORP	$14,290,000	–	573,680	–	0.95%	–
DUK	New	DUKE ENERGY CORP NEW	$12,286,000	–	124,453	–	0.82%	–
AAPL	New	APPLE INC	$11,683,000	–	85,302	–	0.78%	–
SO	New	SOUTHERN CO	$11,605,000	–	191,786	–	0.78%	–
AB	New	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$10,351,000	–	222,320	–	0.69%	–
ED	New	CONSOLIDATED EDISON INC	$10,128,000	–	141,220	–	0.68%	–
T	New	AT&T INC	$8,650,000	–	300,551	–	0.58%	–
MUB	New	ISHARES TRnational mun etf	$5,299,000	–	45,217	–	0.35%	–
XEL	New	XCEL ENERGY INC	$4,481,000	–	68,012	–	0.30%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$4,417,000	–	53,759	–	0.30%	–
TFI	New	SPDR SER TRnuveen brc munic	$3,088,000	–	59,266	–	0.21%	–
WEC	New	WEC ENERGY GROUP INC	$2,120,000	–	23,831	–	0.14%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$1,919,000	–	38,725	–	0.13%	–
CLX	New	CLOROX CO DEL	$1,455,000	–	8,090	–	0.10%	–
MSFT	New	MICROSOFT CORP	$1,427,000	–	5,268	–	0.10%	–
ITM	New	VANECK VECTORS ETF TRintrmdt muni etf	$1,356,000	–	26,162	–	0.09%	–
AMZN	New	AMAZON COM INC	$1,221,000	–	355	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,193,000	–	4,294	–	0.08%	–
BIV	New	VANGUARD BD INDEX FDSintermed term	$1,169,000	–	12,990	–	0.08%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$911,000	–	1,805	–	0.06%	–
JPM	New	JPMORGAN CHASE & CO	$790,000	–	5,078	–	0.05%	–
FISV	New	FISERV INC	$777,000	–	7,270	–	0.05%	–
GOOGL	New	ALPHABET INCcap stk cl a	$779,000	–	319	–	0.05%	–
JNJ	New	JOHNSON & JOHNSON	$765,000	–	4,641	–	0.05%	–
MA	New	MASTERCARD INCORPORATEDcl a	$712,000	–	1,951	–	0.05%	–
MCD	New	MCDONALDS CORP	$644,000	–	2,787	–	0.04%	–
FAST	New	FASTENAL CO	$648,000	–	12,460	–	0.04%	–
FB	New	FACEBOOK INCcl a	$637,000	–	1,832	–	0.04%	–
LLY	New	LILLY ELI & CO	$631,000	–	2,750	–	0.04%	–
V	New	VISA INC	$616,000	–	2,636	–	0.04%	–
IEFA	New	ISHARES TRcore msci eafe	$620,000	–	8,280	–	0.04%	–
KO	New	COCA COLA CO	$597,000	–	11,026	–	0.04%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$538,000	–	4,662	–	0.04%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$509,000	–	1,190	–	0.03%	–
INTC	New	INTEL CORP	$491,000	–	8,737	–	0.03%	–
ABT	New	ABBOTT LABS	$490,000	–	4,223	–	0.03%	–
FIS	New	FIDELITY NATL INFORMATION SV	$471,000	–	3,323	–	0.03%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$454,000	–	5,485	–	0.03%	–
LQD	New	ISHARES TRiboxx inv cp etf	$430,000	–	3,200	–	0.03%	–
SPGI	New	S&P GLOBAL INC	$441,000	–	1,074	–	0.03%	–
GOOG	New	ALPHABET INCcap stk cl c	$383,000	–	153	–	0.03%	–
EXAS	New	EXACT SCIENCES CORP	$373,000	–	3,000	–	0.02%	–
NFLX	New	NETFLIX INC	$376,000	–	712	–	0.02%	–
BA	New	BOEING CO	$371,000	–	1,550	–	0.02%	–
IJR	New	ISHARES TRcore s&p scp etf	$358,000	–	3,169	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$346,000	–	804	–	0.02%	–
SHY	New	ISHARES TR1 3 yr treas bd	$332,000	–	3,848	–	0.02%	–
D	New	DOMINION ENERGY INC	$331,000	–	4,500	–	0.02%	–
HELE	New	HELEN OF TROY LTD	$333,000	–	1,460	–	0.02%	–
AON	New	AON PLC	$313,000	–	1,311	–	0.02%	–
SPTM	New	SPDR SER TRportfoli s&p1500	$318,000	–	6,000	–	0.02%	–
XOM	New	EXXON MOBIL CORP	$316,000	–	5,015	–	0.02%	–
USB	New	US BANCORP DEL	$304,000	–	5,336	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$280,000	–	3,824	–	0.02%	–
AMT	New	AMERICAN TOWER CORP NEW	$270,000	–	1,000	–	0.02%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$258,000	–	1,158	–	0.02%	–
ROK	New	ROCKWELL AUTOMATION INC	$262,000	–	916	–	0.02%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$238,000	–	407	–	0.02%	–
WMT	New	WALMART INC	$223,000	–	1,580	–	0.02%	–
BIL	New	SPDR SER TRspdr bloomberg	$208,000	–	2,272	–	0.01%	–
SPIB	New	SPDR SER TRportfolio intrmd	$213,000	–	5,802	–	0.01%	–
MRK	New	MERCK & CO INC	$202,000	–	2,597	–	0.01%	–
RWLK	New	REWALK ROBOTICS LTD	$25,000	–	15,000	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
VERU	Exit	VERU INC	$0	–	-33,000	–	-0.01%	–
BIL	Exit	SPDR SER TRspdr bloomberg	$0	–	-2,272	–	-0.02%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,219	–	-0.02%	–
SPIB	Exit	SPDR SER TRportfolio intrmd	$0	–	-5,802	–	-0.02%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-149	–	-0.02%	–
MKC	Exit	MCCORMICK & CO INC	$0	–	-1,150	–	-0.02%	–
USB	Exit	US BANCORP DEL	$0	–	-6,291	–	-0.02%	–
WMT	Exit	WALMART INC	$0	–	-1,625	–	-0.02%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-3,180	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-611	–	-0.02%	–
EBND	Exit	SPDR SER TRblombrg brc emrg	$0	–	-9,520	–	-0.02%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-940	–	-0.02%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-1,050	–	-0.02%	–
AON	Exit	AON PLC	$0	–	-1,250	–	-0.02%	–
BA	Exit	BOEING CO	$0	–	-1,550	–	-0.02%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-810	–	-0.02%	–
VXUS	Exit	VANGUARD STAR FDSvg tl intl stk f	$0	–	-5,113	–	-0.02%	–
HELE	Exit	HELEN OF TROY LTD	$0	–	-1,460	–	-0.02%	–
EXAS	Exit	EXACT SCIENCES CORP	$0	–	-3,000	–	-0.03%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-7,652	–	-0.03%	–
NFLX	Exit	NETFLIX INC	$0	–	-700	–	-0.03%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,383	–	-0.03%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-4,348	–	-0.03%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,074	–	-0.03%	–
MRK	Exit	MERCK & CO. INC	$0	–	-4,610	–	-0.03%	–
DON	Exit	WISDOMTREE TRus midcap divid	$0	–	-13,502	–	-0.04%	–
LLY	Exit	LILLY ELI & CO	$0	–	-2,850	–	-0.04%	–
JPUS	Exit	J P MORGAN EXCHANGE-TRADED Fjpmorgan diver	$0	–	-5,698	–	-0.04%	–
SCHX	Exit	SCHWAB STRATEGIC TRus lrg cap etf	$0	–	-5,778	–	-0.04%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-314	–	-0.04%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-3,514	–	-0.04%	–
ABT	Exit	ABBOTT LABS	$0	–	-4,423	–	-0.04%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,922	–	-0.04%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-3,547	–	-0.05%	–
SCHM	Exit	SCHWAB STRATEGIC TRus mid-cap etf	$0	–	-9,554	–	-0.05%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-6,425	–	-0.05%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-4,662	–	-0.05%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-5,803	–	-0.05%	–
FAST	Exit	FASTENAL CO	$0	–	-12,460	–	-0.05%	–
V	Exit	VISA INC	$0	–	-2,794	–	-0.05%	–
INTC	Exit	INTEL CORP	$0	–	-11,054	–	-0.05%	–
MCD	Exit	MCDONALDS CORP	$0	–	-2,976	–	-0.06%	–
KO	Exit	COCA COLA CO	$0	–	-13,251	–	-0.06%	–
SPTM	Exit	SPDR SER TRportfoli s&p1500	$0	–	-16,000	–	-0.06%	–
IEFA	Exit	ISHARES TRcore msci eafe	$0	–	-11,280	–	-0.06%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,986	–	-0.06%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-4,686	–	-0.06%	–
FISV	Exit	FISERV INC	$0	–	-7,770	–	-0.07%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-2,511	–	-0.08%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-4,757	–	-0.09%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-2,405	–	-0.09%	–
AMZN	Exit	AMAZON COM INC	$0	–	-337	–	-0.09%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-6,017	–	-0.11%	–
ITM	Exit	VANECK VECTORS ETF TRintrmdt muni etf	$0	–	-26,162	–	-0.12%	–
BIV	Exit	VANGUARD BD INDEX FDSintermed term	$0	–	-14,990	–	-0.12%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-38,725	–	-0.17%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-22,986	–	-0.20%	–
TFI	Exit	SPDR SER TRnuveen brc munic	$0	–	-59,916	–	-0.28%	–
BSV	Exit	VANGUARD BD INDEX FDSshort trm bond	$0	–	-58,224	–	-0.43%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-73,137	–	-0.45%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-45,667	–	-0.47%	–
AB	Exit	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$0	–	-223,620	–	-0.54%	–
ORI	Exit	OLD REP INTL CORP	$0	–	-544,575	–	-0.71%	–
T	Exit	AT&T INC	$0	–	-284,626	–	-0.72%	–
AAPL	Exit	APPLE INC	$0	–	-89,281	–	-0.92%	–
SO	Exit	SOUTHERN CO	$0	–	-192,842	–	-0.93%	–
ED	Exit	CONSOLIDATED EDISON INC	$0	–	-139,583	–	-0.96%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-125,462	–	-0.98%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-903,175	–	-1.17%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-307,084	–	-1.42%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-2,172,915	–	-1.71%	–
SRCL	Exit	STERICYCLE INC	$0	–	-329,045	–	-1.84%	–
SANM	Exit	SANMINA CORPORATION	$0	–	-847,907	–	-2.03%	–
CLX	Exit	CLOROX CO DEL	$0	–	-118,830	–	-2.22%	–
ETFC	Exit	E TRADE FINANCIAL CORP	$0	–	-500,670	–	-2.22%	–
C	Exit	CITIGROUP INC	$0	–	-586,796	–	-2.24%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-220,505	–	-2.28%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-4,455,175	–	-2.46%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-311,350	–	-2.58%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-301,205	–	-2.59%	–
SCHW	Exit	SCHWAB CHARLES CORP	$0	–	-838,269	–	-2.69%	–
MS	Exit	MORGAN STANLEY	$0	–	-659,586	–	-2.83%	–
GLW	Exit	CORNING INC	$0	–	-990,790	–	-2.85%	–
CIEN	Exit	CIENA CORP	$0	–	-839,025	–	-2.95%	–
MCK	Exit	MCKESSON CORP	$0	–	-249,360	–	-3.29%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-1,541,403	–	-3.29%	–
MAS	Exit	MASCO CORP	$0	–	-746,920	–	-3.65%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,050,907	–	-3.67%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-313,526	–	-3.97%	–
XLNX	Exit	XILINX INC	$0	–	-432,821	–	-4.00%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-361,066	–	-4.45%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-464,855	–	-4.66%	–
MSI	Exit	MOTOROLA SOLUTIONS INC	$0	–	-344,200	–	-4.79%	–
DHI	Exit	D R HORTON INC	$0	–	-758,744	–	-5.09%	–
TMUS	Exit	T-MOBILE US INC	$0	–	-607,682	–	-6.16%	–
HD	Exit	HOME DEPOT INC	$0	–	-272,200	–	-6.70%	–

Q3 2020

			Value		Shares		↓ Weighting
HD	Sell	HOME DEPOT INC	$75,593,000	+6.3%	272,200	-4.1%	6.70%	+4.9%
TMUS	Sell	T-MOBILE US INC	$69,495,000	+5.9%	607,682	-3.5%	6.16%	+4.6%
DHI	Sell	D R HORTON INC	$57,384,000	+32.4%	758,744	-2.9%	5.09%	+30.7%
MSI	Sell	MOTOROLA SOLUTIONS INC	$53,974,000	+8.9%	344,200	-2.6%	4.79%	+7.6%
WM	Sell	WASTE MGMT INC DEL	$52,608,000	+3.5%	464,855	-3.1%	4.66%	+2.2%
PG	Sell	PROCTER AND GAMBLE CO	$50,184,000	+12.7%	361,066	-3.1%	4.45%	+11.2%
XLNX	Sell	XILINX INC	$45,117,000	+2.9%	432,821	-2.9%	4.00%	+1.6%
TXN	Sell	TEXAS INSTRS INC	$44,768,000	+8.1%	313,526	-3.8%	3.97%	+6.7%
CSCO	Sell	CISCO SYS INC	$41,395,000	-18.0%	1,050,907	-2.9%	3.67%	-19.0%
MAS	Sell	MASCO CORP	$41,178,000	+5.7%	746,920	-3.7%	3.65%	+4.4%
MCK	Sell	MCKESSON CORP	$37,137,000	-5.4%	249,360	-2.6%	3.29%	-6.7%
BAC	Sell	BK OF AMERICA CORP	$37,132,000	-0.3%	1,541,403	-1.7%	3.29%	-1.6%
CIEN	Sell	CIENA CORP	$33,301,000	-28.4%	839,025	-2.2%	2.95%	-29.3%
GLW	Sell	CORNING INC	$32,112,000	+22.3%	990,790	-2.2%	2.85%	+20.7%
MS	Sell	MORGAN STANLEY	$31,891,000	-2.3%	659,586	-2.4%	2.83%	-3.6%
SCHW	Sell	SCHWAB CHARLES CORP	$30,370,000	+2.5%	838,269	-4.5%	2.69%	+1.2%
ABC	Sell	AMERISOURCEBERGEN CORP	$29,193,000	-6.6%	301,205	-2.9%	2.59%	-7.7%
RSG	Sell	REPUBLIC SVCS INC	$29,065,000	+9.6%	311,350	-3.7%	2.58%	+8.1%
GE	Sell	GENERAL ELECTRIC CO	$27,756,000	-13.2%	4,455,175	-4.8%	2.46%	-14.3%
ADI	Sell	ANALOG DEVICES INC	$25,742,000	-7.8%	220,505	-3.1%	2.28%	-8.9%
C	Sell	CITIGROUP INC	$25,297,000	-16.9%	586,796	-1.5%	2.24%	-18.0%
ETFC	Sell	E TRADE FINANCIAL CORP	$25,059,000	-3.2%	500,670	-3.9%	2.22%	-4.5%
CLX	Sell	CLOROX CO DEL	$24,975,000	-6.9%	118,830	-2.8%	2.22%	-8.1%
SANM	Sell	SANMINA CORPORATION	$22,936,000	+4.8%	847,907	-3.0%	2.03%	+3.5%
SRCL	Sell	STERICYCLE INC	$20,750,000	+9.7%	329,045	-2.7%	1.84%	+8.2%
MTG	Sell	MGIC INVT CORP WIS	$19,252,000	+4.9%	2,172,915	-3.0%	1.71%	+3.5%
BX	Sell	BLACKSTONE GROUP INC	$16,030,000	-10.8%	307,084	-3.1%	1.42%	-12.0%
RDN	Sell	RADIAN GROUP INC	$13,195,000	-8.2%	903,175	-2.5%	1.17%	-9.4%
DUK	Sell	DUKE ENERGY CORP NEW	$11,111,000	+7.8%	125,462	-2.7%	0.98%	+6.4%
ED	Sell	CONSOLIDATED EDISON INC	$10,860,000	+7.7%	139,583	-0.5%	0.96%	+6.3%
SO	Sell	SOUTHERN CO	$10,456,000	+4.1%	192,842	-0.4%	0.93%	+2.8%
AAPL	Buy	APPLE INC	$10,340,000	+25.3%	89,281	+294.7%	0.92%	+23.8%
T	Sell	AT&T INC	$8,115,000	-8.6%	284,626	-3.1%	0.72%	-9.8%
ORI	Sell	OLD REP INTL CORP	$8,027,000	-11.7%	544,575	-2.3%	0.71%	-12.9%
AB	Sell	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$6,047,000	-2.0%	223,620	-1.3%	0.54%	-3.2%
MUB	Sell	ISHARES TRnational mun etf	$5,294,000	+0.0%	45,667	-0.4%	0.47%	-1.3%
XEL	Sell	XCEL ENERGY INC	$5,047,000	+8.3%	73,137	-1.9%	0.45%	+6.9%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$4,836,000	-0.3%	58,224	-0.3%	0.43%	-1.6%
TFI	Sell	SPDR SER TRnuveen brc munic	$3,111,000	-1.3%	59,916	-1.8%	0.28%	-2.5%
MSFT	Sell	MICROSOFT CORP	$1,266,000	+0.5%	6,017	-2.8%	0.11%	-0.9%
AMZN	Sell	AMAZON COM INC	$1,061,000	+10.9%	337	-2.9%	0.09%	+9.3%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$841,000	+12.1%	2,511	+3.3%	0.08%	+11.9%
FISV	Sell	FISERV INC	$801,000	+2.3%	7,770	-3.1%	0.07%	+1.4%
JNJ	Sell	JOHNSON & JOHNSON	$698,000	-4.3%	4,686	-9.6%	0.06%	-4.6%
MCD	Sell	MCDONALDS CORP	$653,000	+11.4%	2,976	-6.3%	0.06%	+9.4%
KO	Sell	COCA COLA CO	$654,000	+8.5%	13,251	-1.9%	0.06%	+7.4%
INTC	Sell	INTEL CORP	$572,000	-16.1%	11,054	-3.1%	0.05%	-16.4%
JPM	Sell	JPMORGAN CHASE & CO	$559,000	-5.4%	5,803	-7.7%	0.05%	-5.7%
SCHM	New	SCHWAB STRATEGIC TRus mid-cap etf	$530,000	–	9,554	–	0.05%	–
SCHX	New	SCHWAB STRATEGIC TRus lrg cap etf	$466,000	–	5,778	–	0.04%	–
JPUS	New	J P MORGAN EXCHANGE-TRADED Fjpmorgan diver	$421,000	–	5,698	–	0.04%	–
DON	New	WISDOMTREE TRus midcap divid	$390,000	–	13,502	–	0.04%	–
MRK	Sell	MERCK & CO. INC	$382,000	+1.9%	4,610	-5.0%	0.03%	0.0%
D	Sell	DOMINION ENERGY INC	$346,000	-3.9%	4,383	-1.1%	0.03%	-3.1%
IVV	Buy	ISHARES TRcore s&p500 etf	$272,000	+9.7%	810	+1.2%	0.02%	+9.1%
VXUS	New	VANGUARD STAR FDSvg tl intl stk f	$267,000	–	5,113	–	0.02%	–
BA	Sell	BOEING CO	$256,000	-12.6%	1,550	-3.1%	0.02%	-11.5%
AON	Sell	AON PLC	$258,000	-8.2%	1,250	-14.3%	0.02%	-8.0%
IJR	New	ISHARES TRcore s&p scp etf	$223,000	–	3,180	–	0.02%	–
USB	Sell	US BANCORP DEL	$226,000	-9.6%	6,291	-7.4%	0.02%	-9.1%
WMT	Sell	WALMART INC	$227,000	-32.8%	1,625	-42.5%	0.02%	-33.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$219,000	-35.2%	149	-37.7%	0.02%	-36.7%
HON	New	HONEYWELL INTL INC	$201,000	–	1,219	–	0.02%	–
SFM	Exit	SPROUTS FMRS MKT INC	$0	–	-7,815	–	-0.02%	–
KSU	Exit	KANSAS CITY SOUTHERN	$0	–	-1,400	–	-0.02%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-1,400	–	-0.02%	–
AMGN	Exit	AMGEN INC	$0	–	-963	–	-0.02%	–

Q2 2020

			Value		Shares		↓ Weighting
HD	New	HOME DEPOT INC	$71,128,000	–	283,933	–	6.39%	–
TMUS	New	T-MOBILE US INC	$65,599,000	–	629,853	–	5.89%	–
WM	New	WASTE MGMT INC DEL	$50,824,000	–	479,880	–	4.56%	–
CSCO	New	CISCO SYS INC	$50,472,000	–	1,082,157	–	4.53%	–
MSI	New	MOTOROLA SOLUTIONS INC	$49,543,000	–	353,550	–	4.45%	–
CIEN	New	CIENA CORP	$46,479,000	–	858,175	–	4.18%	–
PG	New	PROCTER AND GAMBLE CO	$44,547,000	–	372,561	–	4.00%	–
XLNX	New	XILINX INC	$43,857,000	–	445,746	–	3.94%	–
DHI	New	D R HORTON INC	$43,348,000	–	781,746	–	3.89%	–
TXN	New	TEXAS INSTRS INC	$41,399,000	–	326,053	–	3.72%	–
MCK	New	MCKESSON CORP	$39,277,000	–	256,010	–	3.53%	–
MAS	New	MASCO CORP	$38,943,000	–	775,595	–	3.50%	–
BAC	New	BK OF AMERICA CORP	$37,257,000	–	1,568,703	–	3.35%	–
MS	New	MORGAN STANLEY	$32,655,000	–	676,086	–	2.93%	–
GE	New	GENERAL ELECTRIC CO	$31,967,000	–	4,680,425	–	2.87%	–
ABC	New	AMERISOURCEBERGEN CORP	$31,244,000	–	310,055	–	2.81%	–
C	New	CITIGROUP INC	$30,453,000	–	595,946	–	2.74%	–
SCHW	New	SCHWAB CHARLES CORP	$29,623,000	–	877,969	–	2.66%	–
ADI	New	ANALOG DEVICES INC	$27,914,000	–	227,610	–	2.51%	–
CLX	New	CLOROX CO DEL	$26,822,000	–	122,270	–	2.41%	–
RSG	New	REPUBLIC SVCS INC	$26,527,000	–	323,301	–	2.38%	–
GLW	New	CORNING INC	$26,247,000	–	1,013,399	–	2.36%	–
ETFC	New	E TRADE FINANCIAL CORP	$25,898,000	–	520,770	–	2.33%	–
SANM	New	SANMINA CORPORATION	$21,883,000	–	873,932	–	1.97%	–
SRCL	New	STERICYCLE INC	$18,922,000	–	338,007	–	1.70%	–
MTG	New	MGIC INVT CORP WIS	$18,354,000	–	2,241,015	–	1.65%	–
BX	New	BLACKSTONE GROUP INC	$17,963,000	–	317,034	–	1.61%	–
RDN	New	RADIAN GROUP INC	$14,369,000	–	926,425	–	1.29%	–
DUK	New	DUKE ENERGY CORP NEW	$10,306,000	–	128,998	–	0.93%	–
ED	New	CONSOLIDATED EDISON INC	$10,087,000	–	140,233	–	0.91%	–
SO	New	SOUTHERN CO	$10,042,000	–	193,667	–	0.90%	–
ORI	New	OLD REP INTL CORP	$9,095,000	–	557,625	–	0.82%	–
T	New	AT&T INC	$8,882,000	–	293,826	–	0.80%	–
AAPL	New	APPLE INC	$8,251,000	–	22,618	–	0.74%	–
AB	New	ALLIANCEBERNSTEIN HLDG L Punit ltd partn	$6,172,000	–	226,570	–	0.55%	–
MUB	New	ISHARES TRnational mun etf	$5,293,000	–	45,867	–	0.48%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$4,852,000	–	58,374	–	0.44%	–
XEL	New	XCEL ENERGY INC	$4,662,000	–	74,587	–	0.42%	–
TFI	New	SPDR SER TRnuveen brc munic	$3,152,000	–	61,016	–	0.28%	–
WEC	New	WEC ENERGY GROUP INC	$2,015,000	–	22,986	–	0.18%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$1,931,000	–	38,725	–	0.17%	–
BIV	New	VANGUARD BD INDEX FDSintermed term	$1,397,000	–	14,990	–	0.12%	–
ITM	New	VANECK VECTORS ETF TRamt free int etf	$1,333,000	–	26,162	–	0.12%	–
MSFT	New	MICROSOFT CORP	$1,260,000	–	6,192	–	0.11%	–
AMZN	New	AMAZON COM INC	$957,000	–	347	–	0.09%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$871,000	–	2,405	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$849,000	–	4,757	–	0.08%	–
FISV	New	FISERV INC	$783,000	–	8,020	–	0.07%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$750,000	–	2,431	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$729,000	–	5,186	–	0.06%	–
INTC	New	INTEL CORP	$682,000	–	11,404	–	0.06%	–
IEFA	New	ISHARES TRcore msci eafe	$645,000	–	11,280	–	0.06%	–
KO	New	COCA COLA CO	$603,000	–	13,501	–	0.05%	–
SPTM	New	SPDR SER TRportfoli s&p1500	$604,000	–	16,000	–	0.05%	–
MCD	New	MCDONALDS CORP	$586,000	–	3,176	–	0.05%	–
MA	New	MASTERCARD INCORPORATEDcl a	$587,000	–	1,986	–	0.05%	–
JPM	New	JPMORGAN CHASE & CO	$591,000	–	6,288	–	0.05%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$568,000	–	4,662	–	0.05%	–
V	New	VISA INC	$540,000	–	2,794	–	0.05%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$531,000	–	6,425	–	0.05%	–
FAST	New	FASTENAL CO	$534,000	–	12,460	–	0.05%	–
FIS	New	FIDELITY NATL INFORMATION SV	$476,000	–	3,547	–	0.04%	–
LLY	New	LILLY ELI & CO	$468,000	–	2,850	–	0.04%	–
LQD	New	ISHARES TRiboxx inv cp etf	$473,000	–	3,514	–	0.04%	–
GOOGL	New	ALPHABET INCcap stk cl a	$445,000	–	314	–	0.04%	–
FB	New	FACEBOOK INCcl a	$436,000	–	1,922	–	0.04%	–
ABT	New	ABBOTT LABS	$404,000	–	4,423	–	0.04%	–
MRK	New	MERCK & CO. INC	$375,000	–	4,855	–	0.03%	–
SHY	New	ISHARES TR1 3 yr treas bd	$377,000	–	4,348	–	0.03%	–
SPGI	New	S&P GLOBAL INC	$354,000	–	1,074	–	0.03%	–
D	New	DOMINION ENERGY INC	$360,000	–	4,431	–	0.03%	–
WMT	New	WALMART INC	$338,000	–	2,825	–	0.03%	–
GOOG	New	ALPHABET INCcap stk cl c	$338,000	–	239	–	0.03%	–
NFLX	New	NETFLIX INC	$319,000	–	700	–	0.03%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$303,000	–	7,652	–	0.03%	–
BA	New	BOEING CO	$293,000	–	1,600	–	0.03%	–
HELE	New	HELEN OF TROY CORP LTD	$275,000	–	1,460	–	0.02%	–
AON	New	AON PLC	$281,000	–	1,459	–	0.02%	–
AMT	New	AMERICAN TOWER CORP NEW	$271,000	–	1,050	–	0.02%	–
EXAS	New	EXACT SCIENCES CORP	$261,000	–	3,000	–	0.02%	–
USB	New	US BANCORP DEL	$250,000	–	6,791	–	0.02%	–
EBND	New	SPDR SER TRblombrg brc emrg	$250,000	–	9,520	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$248,000	–	800	–	0.02%	–
AMGN	New	AMGEN INC	$227,000	–	963	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$226,000	–	940	–	0.02%	–
LMT	New	LOCKHEED MARTIN CORP	$223,000	–	611	–	0.02%	–
BIL	New	SPDR SER TRspdr bloomberg	$208,000	–	2,272	–	0.02%	–
SPIB	New	SPDR SER TRportfolio intrmd	$212,000	–	5,802	–	0.02%	–
MKC	New	MCCORMICK & CO INC	$206,000	–	1,150	–	0.02%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$208,000	–	1,400	–	0.02%	–
KSU	New	KANSAS CITY SOUTHERN	$209,000	–	1,400	–	0.02%	–
SFM	New	SPROUTS FMRS MKT INC	$200,000	–	7,815	–	0.02%	–
VERU	New	VERU INC	$110,000	–	33,000	–	0.01%	–

Q4 2019

			Value		Shares		↓ Weighting
VERU	Exit	VERU INC	$0	–	-33,000	–	-0.01%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-1,464	–	-0.02%	–
HELE	Exit	HELEN OF TROY CORP LTD	$0	–	-1,400	–	-0.02%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-940	–	-0.02%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-1,400	–	-0.02%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-1,992	–	-0.02%	–
AMT	Exit	AMERICAN TOWER CORP NEW	$0	–	-1,100	–	-0.02%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-1,473	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-4,486	–	-0.02%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-3,295	–	-0.02%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,074	–	-0.02%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-234	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-811	–	-0.03%	–
LLY	Exit	LILLY ELI & CO	$0	–	-2,850	–	-0.03%	–
AON	Exit	AON PLC	$0	–	-1,659	–	-0.03%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,132	–	-0.03%	–
WMT	Exit	WALMART INC	$0	–	-2,855	–	-0.03%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-2,700	–	-0.03%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,969	–	-0.03%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,459	–	-0.03%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-289	–	-0.03%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-4,348	–	-0.03%	–
ABT	Exit	ABBOTT LABS	$0	–	-4,423	–	-0.03%	–
FAST	Exit	FASTENAL CO	$0	–	-12,460	–	-0.03%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-2,715	–	-0.03%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-1,391	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-5,351	–	-0.04%	–
USB	Exit	US BANCORP DEL	$0	–	-8,491	–	-0.04%	–
V	Exit	VISA INC	$0	–	-2,744	–	-0.04%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-4,662	–	-0.04%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-4,106	–	-0.05%	–
AMZN	Exit	AMAZON COM INC	$0	–	-322	–	-0.05%	–
MA	Exit	MASTERCARD INCcl a	$0	–	-2,186	–	-0.05%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,487	–	-0.05%	–
INTC	Exit	INTEL CORP	$0	–	-11,995	–	-0.05%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-2,413	–	-0.06%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-6,113	–	-0.06%	–
KO	Exit	COCA COLA CO	$0	–	-15,051	–	-0.07%	–
MCD	Exit	MCDONALDS CORP	$0	–	-3,876	–	-0.07%	–
FISV	Exit	FISERV INC	$0	–	-8,470	–	-0.07%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-6,752	–	-0.07%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-4,862	–	-0.08%	–
ITM	Exit	VANECK VECTORS ETF TRamt free int etf	$0	–	-26,162	–	-0.11%	–
SHM	Exit	SPDR SERIES TRUSTnuveen blmbrg sr	$0	–	-38,725	–	-0.16%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-26,527	–	-0.21%	–
TFI	Exit	SPDR SERIES TRUSTnuveen brc munic	$0	–	-63,616	–	-0.27%	–
BSV	Exit	VANGUARD BD INDEX FD INCshort trm bond	$0	–	-58,134	–	-0.39%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-77,837	–	-0.42%	–
AAPL	Exit	APPLE INC	$0	–	-22,578	–	-0.42%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-46,067	–	-0.44%	–
AB	Exit	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$0	–	-248,635	–	-0.61%	–
T	Exit	AT&T INC	$0	–	-282,976	–	-0.90%	–
SO	Exit	SOUTHERN CO	$0	–	-200,787	–	-1.04%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-131,572	–	-1.06%	–
ED	Exit	CONSOLIDATED EDISON INC	$0	–	-140,798	–	-1.11%	–
ORI	Exit	OLD REP INTL CORP	$0	–	-579,150	–	-1.14%	–
TDS	Exit	TELEPHONE & DATA SYS INC	$0	–	-588,416	–	-1.27%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-325,184	–	-1.33%	–
CLX	Exit	CLOROX CO DEL	$0	–	-127,914	–	-1.62%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-998,120	–	-1.91%	–
ETFC	Exit	E TRADE FINANCIAL CORP	$0	–	-547,140	–	-2.00%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-254,393	–	-2.38%	–
SANM	Exit	SANMINA CORPORATION	$0	–	-919,787	–	-2.47%	–
GLW	Exit	CORNING INC	$0	–	-1,046,835	–	-2.50%	–
MS	Exit	MORGAN STANLEY	$0	–	-701,130	–	-2.50%	–
FITB	Exit	FIFTH THIRD BANCORP	$0	–	-1,096,565	–	-2.51%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-2,413,395	–	-2.54%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-360,341	–	-2.61%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-226,439	–	-2.66%	–
MAS	Exit	MASCO CORP	$0	–	-834,436	–	-2.91%	–
CIEN	Exit	CIENA CORP	$0	–	-928,840	–	-3.05%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-300,390	–	-3.17%	–
SCHW	Exit	THE CHARLES SCHWAB CORPORATI	$0	–	-910,310	–	-3.18%	–
C	Exit	CITIGROUP INC	$0	–	-615,749	–	-3.56%	–
XLNX	Exit	XILINX INC	$0	–	-483,403	–	-3.88%	–
DHI	Exit	D R HORTON INC	$0	–	-884,269	–	-3.90%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-360,931	–	-3.90%	–
BAC	Exit	BANK AMER CORP	$0	–	-1,675,329	–	-4.09%	–
PG	Exit	PROCTER & GAMBLE CO	$0	–	-403,081	–	-4.19%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,103,843	–	-4.56%	–
TMUS	Exit	T MOBILE US INC	$0	–	-707,653	–	-4.66%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-508,340	–	-4.89%	–
MSI	Exit	MOTOROLA SOLUTIONS INC	$0	–	-407,626	–	-5.81%	–
HD	Exit	HOME DEPOT INC	$0	–	-317,436	–	-6.16%	–

Q3 2019

			Value		Shares		↓ Weighting
HD	Sell	HOME DEPOT INC	$73,652,000	+9.1%	317,436	-2.2%	6.16%	+10.1%
MSI	Sell	MOTOROLA SOLUTIONS INC	$69,464,000	-2.1%	407,626	-4.2%	5.81%	-1.2%
WM	Sell	WASTE MGMT INC DEL	$58,459,000	-1.8%	508,340	-1.4%	4.89%	-0.9%
TMUS	Sell	T MOBILE US INC	$55,742,000	+3.6%	707,653	-2.5%	4.66%	+4.6%
CSCO	Sell	CISCO SYS INC	$54,541,000	-10.8%	1,103,843	-1.2%	4.56%	-10.0%
PG	Sell	PROCTER & GAMBLE CO	$50,135,000	+12.3%	403,081	-1.0%	4.19%	+13.4%
BAC	Sell	BANK AMER CORP	$48,869,000	-1.2%	1,675,329	-1.8%	4.09%	-0.3%
TXN	Sell	TEXAS INSTRS INC	$46,647,000	+8.6%	360,931	-3.5%	3.90%	+9.6%
DHI	Sell	D R HORTON INC	$46,610,000	+19.9%	884,269	-1.9%	3.90%	+21.0%
XLNX	Sell	XILINX INC	$46,358,000	-27.2%	483,403	-10.4%	3.88%	-26.5%
C	Sell	CITIGROUP INC	$42,536,000	-2.2%	615,749	-0.9%	3.56%	-1.3%
SCHW	Sell	THE CHARLES SCHWAB CORPORATI	$38,078,000	+2.9%	910,310	-1.1%	3.18%	+3.9%
CAT	Sell	CATERPILLAR INC DEL	$37,942,000	-7.7%	300,390	-0.4%	3.17%	-6.8%
CIEN	Sell	CIENA CORP	$36,438,000	-5.2%	928,840	-0.6%	3.05%	-4.3%
MAS	Sell	MASCO CORP	$34,779,000	+5.0%	834,436	-1.1%	2.91%	+6.0%
FFIV	Sell	F5 NETWORKS INC	$31,797,000	-4.1%	226,439	-0.6%	2.66%	-3.2%
RSG	Sell	REPUBLIC SVCS INC	$31,188,000	-1.8%	360,341	-1.7%	2.61%	-0.8%
MTG	Sell	MGIC INVT CORP WIS	$30,361,000	-4.6%	2,413,395	-0.4%	2.54%	-3.8%
FITB	Buy	FIFTH THIRD BANCORP	$30,024,000	-1.5%	1,096,565	+0.4%	2.51%	-0.6%
MS	Buy	MORGAN STANLEY	$29,917,000	-2.4%	701,130	+0.2%	2.50%	-1.5%
GLW	Sell	CORNING INC	$29,856,000	-14.9%	1,046,835	-0.8%	2.50%	-14.1%
SANM	Sell	SANMINA CORPORATION	$29,534,000	+4.9%	919,787	-1.1%	2.47%	+5.8%
ADI	Sell	ANALOG DEVICES INC	$28,423,000	-3.8%	254,393	-2.8%	2.38%	-2.9%
ETFC	Sell	E TRADE FINANCIAL CORP	$23,905,000	-3.4%	547,140	-1.4%	2.00%	-2.5%
RDN	Sell	RADIAN GROUP INC	$22,797,000	-1.0%	998,120	-0.9%	1.91%	-0.1%
CLX	Sell	CLOROX CO DEL	$19,426,000	-1.4%	127,914	-0.6%	1.62%	-0.6%
BX	New	BLACKSTONE GROUP INC	$15,882,000	–	325,184	–	1.33%	–
TDS	Sell	TELEPHONE & DATA SYS INC	$15,181,000	-15.5%	588,416	-0.4%	1.27%	-14.8%
ORI	Sell	OLD REP INTL CORP	$13,651,000	+5.1%	579,150	-0.2%	1.14%	+6.0%
ED	Buy	CONSOLIDATED EDISON INC	$13,301,000	+8.0%	140,798	+0.2%	1.11%	+8.9%
DUK	Sell	DUKE ENERGY CORP NEW	$12,612,000	+8.3%	131,572	-0.3%	1.06%	+9.3%
SO	Buy	SOUTHERN CO	$12,403,000	+12.8%	200,787	+0.9%	1.04%	+13.8%
T	Buy	AT&T INC	$10,708,000	+15.1%	282,976	+2.0%	0.90%	+16.1%
AB	Buy	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$7,297,000	-1.2%	248,635	+0.1%	0.61%	-0.3%
MUB	Sell	ISHARES TRnational mun etf	$5,256,000	+0.2%	46,067	-0.6%	0.44%	+1.2%
AAPL	Buy	APPLE INC	$5,057,000	+18.5%	22,578	+4.7%	0.42%	+19.5%
BSV	Sell	VANGUARD BD INDEX FD INCshort trm bond	$4,697,000	-0.3%	58,134	-0.6%	0.39%	+0.8%
WEC	Buy	WEC ENERGY GROUP INC	$2,523,000	+17.2%	26,527	+2.7%	0.21%	+18.5%
ITM	Sell	VANECK VECTORS ETF TRamt free int etf	$1,316,000	0.0%	26,162	-1.1%	0.11%	+0.9%
JNJ	Sell	JOHNSON & JOHNSON	$874,000	-12.9%	6,752	-6.2%	0.07%	-12.0%
MCD	Sell	MCDONALDS CORP	$832,000	-17.0%	3,876	-19.7%	0.07%	-15.7%
JPM	Buy	JPMORGAN CHASE & CO	$719,000	+19.6%	6,113	+13.7%	0.06%	+20.0%
MSFT	Buy	MICROSOFT CORP	$624,000	+5.9%	4,487	+2.1%	0.05%	+6.1%
AMZN	Sell	AMAZON COM INC	$559,000	-12.4%	322	-4.5%	0.05%	-11.3%
V	Sell	VISA INC	$472,000	-2.7%	2,744	-1.8%	0.04%	-2.5%
USB	Sell	US BANCORP DEL	$470,000	-9.1%	8,491	-13.9%	0.04%	-9.3%
FAST	Sell	FASTENAL CO	$407,000	-12.1%	12,460	-12.3%	0.03%	-10.5%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$410,000	+83.9%	2,715	+82.6%	0.03%	+88.9%
ABT	Buy	ABBOTT LABS	$370,000	+3.1%	4,423	+3.5%	0.03%	+3.3%
IVV	Buy	ISHARES TRcore s&p500 etf	$338,000	+37.4%	1,132	+35.9%	0.03%	+40.0%
LLY	Sell	LILLY ELI & CO	$319,000	-64.8%	2,850	-65.2%	0.03%	-64.0%
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$267,000	–	3,295	–	0.02%	–
HON	Sell	HONEYWELL INTL INC	$249,000	-14.7%	1,473	-12.0%	0.02%	-12.5%
CVX	New	CHEVRON CORP NEW	$236,000	–	1,992	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$219,000	–	940	–	0.02%	–
HELE	New	HELEN OF TROY CORP LTD	$221,000	–	1,400	–	0.02%	–
UTX	New	UNITED TECHNOLOGIES CORP	$200,000	–	1,464	–	0.02%	–
DIS	Exit	DISNEY WALT CO	$0	–	-1,432	–	-0.02%	–
RSP	Exit	INVESCO EXCHANGE TRADED FDs&p500 eql wgt	$0	–	-2,114	–	-0.02%	–
PFE	Exit	PFIZER INC	$0	–	-6,648	–	-0.02%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-1,320	–	-0.03%	–
BX	Exit	BLACKSTONE GROUP L P	$0	–	-327,368	–	-1.20%	–

Q2 2019

			Value		Shares		↓ Weighting
MSI	New	MOTOROLA SOLUTIONS INC	$70,952,000	–	425,551	–	5.88%	–
HD	New	HOME DEPOT INC	$67,507,000	–	324,601	–	5.59%	–
XLNX	New	XILINX INC	$63,642,000	–	539,708	–	5.27%	–
CSCO	New	CISCO SYS INC	$61,171,000	–	1,117,693	–	5.07%	–
WM	New	WASTE MGMT INC DEL	$59,504,000	–	515,765	–	4.93%	–
TMUS	New	T MOBILE US INC	$53,798,000	–	725,633	–	4.46%	–
BAC	New	BANK AMER CORP	$49,463,000	–	1,705,629	–	4.10%	–
PG	New	PROCTER AND GAMBLE CO	$44,628,000	–	407,001	–	3.70%	–
C	New	CITIGROUP INC	$43,511,000	–	621,314	–	3.60%	–
TXN	New	TEXAS INSTRS INC	$42,940,000	–	374,171	–	3.56%	–
CAT	New	CATERPILLAR INC DEL	$41,111,000	–	301,640	–	3.41%	–
DHI	New	D R HORTON INC	$38,865,000	–	901,119	–	3.22%	–
CIEN	New	CIENA CORP	$38,434,000	–	934,440	–	3.18%	–
SCHW	New	THE CHARLES SCHWAB CORPORA	$36,988,000	–	920,335	–	3.06%	–
GLW	New	CORNING INC	$35,080,000	–	1,055,685	–	2.91%	–
FFIV	New	F5 NETWORKS INC	$33,173,000	–	227,789	–	2.75%	–
MAS	New	MASCO CORP	$33,110,000	–	843,786	–	2.74%	–
MTG	New	MGIC INVT CORP WIS	$31,837,000	–	2,422,945	–	2.64%	–
RSG	New	REPUBLIC SVCS INC	$31,746,000	–	366,416	–	2.63%	–
MS	New	MORGAN STANLEY	$30,649,000	–	699,580	–	2.54%	–
FITB	New	FIFTH THIRD BANCORP	$30,470,000	–	1,092,115	–	2.52%	–
ADI	New	ANALOG DEVICES INC	$29,545,000	–	261,759	–	2.45%	–
SANM	New	SANMINA CORPORATION	$28,166,000	–	930,187	–	2.33%	–
ETFC	New	E TRADE FINANCIAL CORP	$24,743,000	–	554,765	–	2.05%	–
RDN	New	RADIAN GROUP INC	$23,017,000	–	1,007,320	–	1.91%	–
CLX	New	CLOROX CO DEL	$19,711,000	–	128,739	–	1.63%	–
TDS	New	TELEPHONE & DATA SYS INC	$17,968,000	–	591,066	–	1.49%	–
BX	New	BLACKSTONE GROUP L P	$14,542,000	–	327,368	–	1.20%	–
ORI	New	OLD REP INTL CORP	$12,986,000	–	580,250	–	1.08%	–
ED	New	CONSOLIDATED EDISON INC	$12,317,000	–	140,473	–	1.02%	–
DUK	New	DUKE ENERGY CORP NEW	$11,645,000	–	131,972	–	0.96%	–
SO	New	SOUTHERN CO	$11,000,000	–	198,987	–	0.91%	–
T	New	AT&T INC	$9,301,000	–	277,562	–	0.77%	–
AB	New	ALLIANCEBERNSTEIN HOLDINGunit ltd partn	$7,385,000	–	248,485	–	0.61%	–
MUB	New	ISHARES TRnational mun etf	$5,244,000	–	46,367	–	0.43%	–
BSV	New	VANGUARD BD INDEX FD INCshort trm bond	$4,710,000	–	58,484	–	0.39%	–
XEL	New	XCEL ENERGY INC	$4,631,000	–	77,837	–	0.38%	–
AAPL	New	APPLE INC	$4,269,000	–	21,568	–	0.35%	–
TFI	New	SPDR SER TRnuveen brc munic	$3,190,000	–	63,616	–	0.26%	–
WEC	New	WEC ENERGY GROUP INC	$2,153,000	–	25,822	–	0.18%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$1,895,000	–	38,725	–	0.16%	–
ITM	New	VANECK VECTORS ETF TRamt free int etf	$1,316,000	–	26,462	–	0.11%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,036,000	–	4,862	–	0.09%	–
JNJ	New	JOHNSON & JOHNSON	$1,003,000	–	7,202	–	0.08%	–
MCD	New	MCDONALDS CORP	$1,002,000	–	4,826	–	0.08%	–
LLY	New	LILLY ELI & CO	$907,000	–	8,190	–	0.08%	–
FISV	New	FISERV INC	$772,000	–	8,470	–	0.06%	–
KO	New	COCA COLA CO	$766,000	–	15,051	–	0.06%	–
TMO	New	THERMO FISHER SCIENTIFIC I	$709,000	–	2,413	–	0.06%	–
AMZN	New	AMAZON COM INC	$638,000	–	337	–	0.05%	–
JPM	New	JPMORGAN CHASE & CO	$601,000	–	5,378	–	0.05%	–
MSFT	New	MICROSOFT CORP	$589,000	–	4,395	–	0.05%	–
INTC	New	INTEL CORP	$574,000	–	11,995	–	0.05%	–
MA	New	MASTERCARD INCcl a	$578,000	–	2,186	–	0.05%	–
USB	New	US BANCORP DEL	$517,000	–	9,863	–	0.04%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$513,000	–	4,662	–	0.04%	–
FIS	New	FIDELITY NATL INFORMATION	$504,000	–	4,106	–	0.04%	–
V	New	VISA INC	$485,000	–	2,794	–	0.04%	–
FAST	New	FASTENAL CO	$463,000	–	14,200	–	0.04%	–
MRK	New	MERCK & CO INC	$449,000	–	5,351	–	0.04%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$408,000	–	1,391	–	0.03%	–
FB	New	FACEBOOK INCcl a	$380,000	–	1,969	–	0.03%	–
SHY	New	ISHARES TR1 3 yr treas bd	$369,000	–	4,348	–	0.03%	–
ABT	New	ABBOTT LABS	$359,000	–	4,273	–	0.03%	–
COST	New	COSTCO WHSL CORP NEW	$349,000	–	1,320	–	0.03%	–
D	New	DOMINION ENERGY INC	$345,000	–	4,459	–	0.03%	–
LQD	New	ISHARES TRiboxx inv cp etf	$336,000	–	2,700	–	0.03%	–
AON	New	AON PLC	$320,000	–	1,659	–	0.03%	–
WMT	New	WALMART INC	$315,000	–	2,855	–	0.03%	–
GOOGL	New	ALPHABET INCcap stk cl a	$313,000	–	289	–	0.03%	–
LMT	New	LOCKHEED MARTIN CORP	$295,000	–	811	–	0.02%	–
PFE	New	PFIZER INC	$288,000	–	6,648	–	0.02%	–
HON	New	HONEYWELL INTL INC	$292,000	–	1,673	–	0.02%	–
GOOG	New	ALPHABET INCcap stk cl c	$253,000	–	234	–	0.02%	–
SPGI	New	S&P GLOBAL INC	$245,000	–	1,074	–	0.02%	–
IVV	New	ISHARES TRcore s&p500 etf	$246,000	–	833	–	0.02%	–
MDLZ	New	MONDELEZ INTL INCcl a	$242,000	–	4,486	–	0.02%	–
ADP	New	AUTOMATIC DATA PROCESSING	$231,000	–	1,400	–	0.02%	–
AMT	New	AMERICAN TOWER CORP NEW	$225,000	–	1,100	–	0.02%	–
RSP	New	INVESCO EXCHANGE TRADED FDs&p500 eql wgt	$228,000	–	2,114	–	0.02%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$223,000	–	1,487	–	0.02%	–
DIS	New	DISNEY WALT CO	$200,000	–	1,432	–	0.02%	–
VERU	New	VERU INC	$70,000	–	33,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
VERU	Exit	VERU INC	$0	–	-55,000	–	-0.01%	–
WMT	Exit	WALMART INC	$0	–	-2,165	–	-0.02%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-925	–	-0.02%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,074	–	-0.02%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-729	–	-0.02%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-3,412	–	-0.02%	–
FIS	Exit	FIDELITY NATL INFORMATION SV	$0	–	-2,078	–	-0.02%	–
AMGN	Exit	AMGEN INC	$0	–	-1,115	–	-0.02%	–
ABBV	Exit	ABBVIE INC	$0	–	-2,723	–	-0.02%	–
AON	Exit	AON PLC	$0	–	-1,759	–	-0.02%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,699	–	-0.02%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-232	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-791	–	-0.02%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-2,532	–	-0.02%	–
BA	Exit	BOEING CO	$0	–	-785	–	-0.02%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-239	–	-0.02%	–
COST	Exit	COSTCO WHSL CORP NEW	$0	–	-1,370	–	-0.03%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,552	–	-0.03%	–
SFM	Exit	SPROUTS FMRS MKT INC	$0	–	-11,815	–	-0.03%	–
PJT	Exit	PJT PARTNERS INC	$0	–	-6,495	–	-0.03%	–
USB	Exit	US BANCORP DEL	$0	–	-6,556	–	-0.03%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCspons adr a	$0	–	-5,180	–	-0.03%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-4,348	–	-0.03%	–
NVG	Exit	NUVEEN AMT FREE MUN CR INC F	$0	–	-26,800	–	-0.03%	–
V	Exit	VISA INC	$0	–	-2,694	–	-0.04%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-3,731	–	-0.04%	–
FAST	Exit	FASTENAL CO	$0	–	-7,438	–	-0.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-6,057	–	-0.04%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-2,114	–	-0.04%	–
INTC	Exit	INTEL CORP	$0	–	-10,295	–	-0.04%	–
AMZN	Exit	AMAZON COM INC	$0	–	-255	–	-0.04%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-5,162	–	-0.04%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-3,252	–	-0.05%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-4,880	–	-0.05%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-2,350	–	-0.05%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-3,553	–	-0.05%	–
KO	Exit	COCA COLA CO	$0	–	-13,251	–	-0.05%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-7,970	–	-0.06%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-3,533	–	-0.06%	–
FISV	Exit	FISERV INC	$0	–	-10,928	–	-0.08%	–
LLY	Exit	LILLY ELI & CO	$0	–	-8,390	–	-0.08%	–
MCD	Exit	MCDONALDS CORP	$0	–	-7,326	–	-0.11%	–
ITM	Exit	VANECK VECTORS ETF TRamt free int etf	$0	–	-52,925	–	-0.11%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-9,261	–	-0.11%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-34,571	–	-0.14%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-39,225	–	-0.16%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-29,911	–	-0.17%	–
TFI	Exit	SPDR SER TRnuveen brc munic	$0	–	-64,416	–	-0.26%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-79,487	–	-0.32%	–
AAPL	Exit	APPLE INC	$0	–	-20,138	–	-0.39%	–
BSV	Exit	VANGUARD BD INDEX FD INCshort trm bond	$0	–	-60,384	–	-0.41%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-47,517	–	-0.44%	–
AB	Exit	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$0	–	-242,675	–	-0.64%	–
SO	Exit	SOUTHERN CO	$0	–	-191,215	–	-0.72%	–
T	Exit	AT&T INC	$0	–	-266,252	–	-0.77%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-125,180	–	-0.87%	–
ED	Exit	CONSOLIDATED EDISON INC	$0	–	-135,713	–	-0.89%	–
BX	Exit	BLACKSTONE GROUP L P	$0	–	-321,766	–	-1.06%	–
ORI	Exit	OLD REP INTL CORP	$0	–	-562,049	–	-1.09%	–
TDS	Exit	TELEPHONE & DATA SYS INC	$0	–	-576,820	–	-1.52%	–
TEX	Exit	TEREX CORP NEW	$0	–	-462,700	–	-1.60%	–
CLX	Exit	CLOROX CO DEL	$0	–	-126,385	–	-1.64%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-1,006,100	–	-1.80%	–
KBH	Exit	KB HOME	$0	–	-1,023,275	–	-2.12%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-269,712	–	-2.16%	–
SANM	Exit	SANMINA CORPORATION	$0	–	-927,942	–	-2.21%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-378,326	–	-2.38%	–
ETFC	Exit	E TRADE FINANCIAL CORP	$0	–	-575,369	–	-2.61%	–
FITB	Exit	FIFTH THIRD BANCORP	$0	–	-1,116,909	–	-2.70%	–
MAS	Exit	MASCO CORP	$0	–	-861,465	–	-2.72%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-2,446,375	–	-2.81%	–
FLEX	Exit	FLEX LTDord	$0	–	-2,502,605	–	-2.84%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-395,385	–	-2.84%	–
MS	Exit	MORGAN STANLEY	$0	–	-713,500	–	-2.87%	–
GLW	Exit	CORNING INC	$0	–	-1,074,775	–	-3.28%	–
DHI	Exit	D R HORTON INC	$0	–	-936,229	–	-3.41%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-383,963	–	-3.56%	–
C	Exit	CITIGROUP INC	$0	–	-623,533	–	-3.87%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-919,095	–	-3.90%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-303,230	–	-4.00%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-516,990	–	-4.04%	–
XLNX	Exit	XILINX INC	$0	–	-632,053	–	-4.38%	–
BAC	Exit	BANK AMER CORP	$0	–	-1,748,333	–	-4.45%	–
TMUS	Exit	T MOBILE US INC	$0	–	-745,988	–	-4.52%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,129,747	–	-4.75%	–
MSI	Exit	MOTOROLA SOLUTIONS INC	$0	–	-436,616	–	-4.91%	–
HD	Exit	HOME DEPOT INC	$0	–	-336,906	–	-6.03%	–

Q3 2018

			Value		Shares		↓ Weighting
HD	Sell	HOME DEPOT INC	$69,790,000	+5.6%	336,906	-0.6%	6.03%	+5.5%
MSI	Sell	MOTOROLA SOLUTIONS INC	$56,821,000	+11.7%	436,616	-0.1%	4.91%	+11.6%
CSCO	Buy	CISCO SYS INC	$54,962,000	+13.6%	1,129,747	+0.5%	4.75%	+13.6%
TMUS	Sell	T MOBILE US INC	$52,353,000	+17.3%	745,988	-0.1%	4.52%	+17.3%
BAC	Sell	BANK AMER CORP	$51,506,000	+3.6%	1,748,333	-0.9%	4.45%	+3.6%
XLNX	Sell	XILINX INC	$50,672,000	+22.5%	632,053	-0.3%	4.38%	+22.4%
WM	Buy	WASTE MGMT INC DEL	$46,715,000	+12.5%	516,990	+1.3%	4.04%	+12.5%
CAT	Buy	CATERPILLAR INC DEL	$46,240,000	+13.8%	303,230	+1.3%	4.00%	+13.8%
SCHW	Sell	SCHWAB CHARLES CORP NEW	$45,174,000	-4.2%	919,095	-0.4%	3.90%	-4.2%
C	Buy	CITIGROUP INC	$44,732,000	+7.6%	623,533	+0.4%	3.87%	+7.6%
TXN	Sell	TEXAS INSTRS INC	$41,195,000	-3.3%	383,963	-0.6%	3.56%	-3.3%
DHI	Sell	D R HORTON INC	$39,490,000	+1.1%	936,229	-1.8%	3.41%	+1.0%
GLW	Buy	CORNING INC	$37,940,000	+28.4%	1,074,775	+0.1%	3.28%	+28.4%
MS	Buy	MORGAN STANLEY	$33,228,000	-0.3%	713,500	+1.5%	2.87%	-0.3%
PG	Buy	PROCTER AND GAMBLE CO	$32,908,000	+8.6%	395,385	+1.8%	2.84%	+8.5%
FLEX	Buy	FLEX LTDord	$32,834,000	-6.9%	2,502,605	+0.1%	2.84%	-6.9%
MTG	Buy	MGIC INVT CORP WIS	$32,561,000	+25.8%	2,446,375	+1.3%	2.81%	+25.8%
MAS	Sell	MASCO CORP	$31,530,000	-2.5%	861,465	-0.4%	2.72%	-2.6%
FITB	Sell	FIFTH THIRD BANCORP	$31,184,000	-3.3%	1,116,909	-0.6%	2.70%	-3.4%
ETFC	Sell	E TRADE FINANCIAL CORP	$30,144,000	-16.4%	575,369	-2.4%	2.61%	-16.4%
RSG	Buy	REPUBLIC SVCS INC	$27,489,000	+7.1%	378,326	+0.8%	2.38%	+7.1%
SANM	Buy	SANMINA CORPORATION	$25,611,000	-3.5%	927,942	+2.4%	2.21%	-3.5%
ADI	Sell	ANALOG DEVICES INC	$24,938,000	-3.8%	269,712	-0.1%	2.16%	-3.8%
KBH	Sell	KB HOME	$24,467,000	-12.6%	1,023,275	-0.5%	2.12%	-12.6%
RDN	Buy	RADIAN GROUP INC	$20,796,000	+30.0%	1,006,100	+2.0%	1.80%	+30.0%
CLX	Sell	CLOROX CO DEL	$19,010,000	+11.0%	126,385	-0.2%	1.64%	+11.0%
TEX	Buy	TEREX CORP NEW	$18,466,000	-5.1%	462,700	+0.3%	1.60%	-5.2%
TDS	Buy	TELEPHONE & DATA SYS INC	$17,553,000	+11.1%	576,820	+0.1%	1.52%	+11.1%
ORI	Buy	OLD REP INTL CORP	$12,579,000	+13.7%	562,049	+1.2%	1.09%	+13.7%
BX	Buy	BLACKSTONE GROUP L P	$12,253,000	+19.3%	321,766	+0.8%	1.06%	+19.3%
ED	Sell	CONSOLIDATED EDISON INC	$10,340,000	-3.2%	135,713	-0.9%	0.89%	-3.1%
DUK	Buy	DUKE ENERGY CORP NEW	$10,017,000	+1.3%	125,180	+0.1%	0.87%	+1.3%
T	Buy	AT&T INC	$8,941,000	+7.5%	266,252	+2.8%	0.77%	+7.5%
SO	Sell	SOUTHERN CO	$8,337,000	-6.4%	191,215	-0.6%	0.72%	-6.4%
AB	Buy	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$7,389,000	+8.1%	242,675	+1.3%	0.64%	+8.1%
MUB	Sell	ISHARES TRnational mun etf	$5,129,000	-3.0%	47,517	-2.1%	0.44%	-3.1%
BSV	Sell	VANGUARD BD INDEX FD INCshort trm bond	$4,712,000	-1.2%	60,384	-1.0%	0.41%	-1.2%
XEL	Sell	XCEL ENERGY INC	$3,753,000	+2.6%	79,487	-0.7%	0.32%	+2.5%
TFI	Sell	SPDR SER TRnuveen brc munic	$3,058,000	-6.7%	64,416	-5.7%	0.26%	-6.7%
WEC	Sell	WEC ENERGY GROUP INC	$1,997,000	-13.7%	29,911	-16.5%	0.17%	-13.5%
SHM	Sell	SPDR SER TRnuveen blmbrg sr	$1,871,000	-3.1%	39,225	-2.5%	0.16%	-3.0%
LEN	Sell	LENNAR CORPcl a	$1,614,000	-97.0%	34,571	-96.6%	0.14%	-97.0%
JNJ	Sell	JOHNSON & JOHNSON	$1,280,000	+0.6%	9,261	-11.7%	0.11%	+0.9%
MCD	Sell	MCDONALDS CORP	$1,226,000	-0.1%	7,326	-6.4%	0.11%	0.0%
LLY	Sell	LILLY ELI & CO	$900,000	+12.4%	8,390	-10.6%	0.08%	+13.0%
FISV	Sell	FISERV INC	$900,000	+8.2%	10,928	-2.7%	0.08%	+8.3%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$756,000	-1.9%	3,533	-14.5%	0.06%	-3.0%
XOM	Sell	EXXON MOBIL CORP	$678,000	+0.9%	7,970	-1.8%	0.06%	+1.7%
KO	Sell	COCA COLA CO	$612,000	+3.0%	13,251	-2.2%	0.05%	+3.9%
FB	Sell	FACEBOOK INCcl a	$584,000	-16.7%	3,553	-1.5%	0.05%	-18.0%
JPM	Sell	JPMORGAN CHASE & CO	$551,000	+7.0%	4,880	-1.2%	0.05%	+6.7%
HON	Sell	HONEYWELL INTL INC	$541,000	+13.7%	3,252	-1.5%	0.05%	+14.6%
INTC	Buy	INTEL CORP	$487,000	+2.5%	10,295	+7.8%	0.04%	+2.4%
FAST	Sell	FASTENAL CO	$432,000	+13.1%	7,438	-6.3%	0.04%	+12.1%
MSFT	Sell	MICROSOFT CORP	$427,000	-16.1%	3,731	-27.7%	0.04%	-15.9%
V	Sell	VISA INC	$404,000	+11.3%	2,694	-1.8%	0.04%	+12.9%
PJT	Sell	PJT PARTNERS INC	$340,000	-3.4%	6,495	-1.5%	0.03%	-3.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$277,000	-1.4%	232	-7.9%	0.02%	0.0%
ABT	New	ABBOTT LABS	$271,000	–	3,699	–	0.02%	–
ABBV	Sell	ABBVIE INC	$258,000	-3.0%	2,723	-5.2%	0.02%	-4.3%
SPY	New	SPDR S&P 500 ETF TRtr unit	$212,000	–	729	–	0.02%	–
WMT	New	WALMART INC	$203,000	–	2,165	–	0.02%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-10,700	–	-0.01%	–
DIS	Exit	DISNEY WALT CO	$0	–	-3,326	–	-0.03%	–
LENB	Exit	LENNAR CORPcl b	$0	–	-19,584	–	-0.07%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-700	–	-0.17%	–
BLD	Exit	TOPBUILD CORP	$0	–	-89,723	–	-0.61%	–

Q2 2018

			Value		Shares		↓ Weighting
HD	New	HOME DEPOT INC	$66,111,000	–	338,856	–	5.72%	–
LEN	New	LENNAR CORPcl a	$53,664,000	–	1,022,166	–	4.64%	–
MSI	New	MOTOROLA SOLUTIONS INC	$50,880,000	–	437,229	–	4.40%	–
BAC	New	BANK AMER CORP	$49,726,000	–	1,763,958	–	4.30%	–
CSCO	New	CISCO SYS INC	$48,389,000	–	1,124,537	–	4.18%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$47,136,000	–	922,420	–	4.08%	–
TMUS	New	T MOBILE US INC	$44,616,000	–	746,713	–	3.86%	–
TXN	New	TEXAS INSTRS INC	$42,592,000	–	386,323	–	3.68%	–
C	New	CITIGROUP INC	$41,560,000	–	621,033	–	3.59%	–
WM	New	WASTE MGMT INC DEL	$41,521,000	–	510,465	–	3.59%	–
XLNX	New	XILINX INC	$41,374,000	–	633,990	–	3.58%	–
CAT	New	CATERPILLAR INC DEL	$40,627,000	–	299,455	–	3.51%	–
DHI	New	D R HORTON INC	$39,071,000	–	952,950	–	3.38%	–
ETFC	New	E TRADE FINANCIAL CORP	$36,052,000	–	589,464	–	3.12%	–
FLEX	New	FLEX LTDord	$35,264,000	–	2,499,255	–	3.05%	–
MS	New	MORGAN STANLEY	$33,322,000	–	703,000	–	2.88%	–
MAS	New	MASCO CORP	$32,350,000	–	864,515	–	2.80%	–
FITB	New	FIFTH THIRD BANCORP	$32,260,000	–	1,124,052	–	2.79%	–
PG	New	PROCTER AND GAMBLE CO	$30,313,000	–	388,335	–	2.62%	–
GLW	New	CORNING INC	$29,548,000	–	1,074,075	–	2.55%	–
KBH	New	KB HOME	$28,002,000	–	1,027,975	–	2.42%	–
SANM	New	SANMINA CORPORATION	$26,547,000	–	906,037	–	2.30%	–
ADI	New	ANALOG DEVICES INC	$25,910,000	–	270,117	–	2.24%	–
MTG	New	MGIC INVT CORP WIS	$25,876,000	–	2,413,825	–	2.24%	–
RSG	New	REPUBLIC SVCS INC	$25,667,000	–	375,474	–	2.22%	–
TEX	New	TEREX CORP NEW	$19,464,000	–	461,350	–	1.68%	–
CLX	New	CLOROX CO DEL	$17,123,000	–	126,605	–	1.48%	–
RDN	New	RADIAN GROUP INC	$15,995,000	–	986,100	–	1.38%	–
TDS	New	TELEPHONE & DATA SYS INC	$15,806,000	–	576,445	–	1.37%	–
ORI	New	OLD REP INTL CORP	$11,062,000	–	555,599	–	0.96%	–
ED	New	CONSOLIDATED EDISON INC	$10,682,000	–	136,988	–	0.92%	–
BX	New	BLACKSTONE GROUP L P	$10,272,000	–	319,316	–	0.89%	–
DUK	New	DUKE ENERGY CORP NEW	$9,893,000	–	125,105	–	0.86%	–
SO	New	SOUTHERN CO	$8,905,000	–	192,290	–	0.77%	–
T	New	AT&T INC	$8,317,000	–	259,027	–	0.72%	–
BLD	New	TOPBUILD CORP	$7,029,000	–	89,723	–	0.61%	–
AB	New	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$6,838,000	–	239,525	–	0.59%	–
MUB	New	ISHARES TRnational mun etf	$5,290,000	–	48,517	–	0.46%	–
BSV	New	VANGUARD BD INDEX FD INCshort trm bond	$4,770,000	–	60,984	–	0.41%	–
AAPL	New	APPLE INC	$3,728,000	–	20,138	–	0.32%	–
XEL	New	XCEL ENERGY INC	$3,658,000	–	80,087	–	0.32%	–
TFI	New	SPDR SER TRnuveen brc munic	$3,278,000	–	68,316	–	0.28%	–
WEC	New	WEC ENERGY GROUP INC	$2,315,000	–	35,811	–	0.20%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$1,974,000	–	700	–	0.17%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$1,930,000	–	40,225	–	0.17%	–
JNJ	New	JOHNSON & JOHNSON	$1,272,000	–	10,483	–	0.11%	–
ITM	New	VANECK VECTORS ETF TRamt free int etf	$1,247,000	–	52,925	–	0.11%	–
MCD	New	MCDONALDS CORP	$1,227,000	–	7,829	–	0.11%	–
LENB	New	LENNAR CORPcl b	$836,000	–	19,584	–	0.07%	–
FISV	New	FISERV INC	$832,000	–	11,228	–	0.07%	–
LLY	New	LILLY ELI & CO	$801,000	–	9,390	–	0.07%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$771,000	–	4,133	–	0.07%	–
FB	New	FACEBOOK INCcl a	$701,000	–	3,607	–	0.06%	–
XOM	New	EXXON MOBIL CORP	$672,000	–	8,120	–	0.06%	–
KO	New	COCA COLA CO	$594,000	–	13,551	–	0.05%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$529,000	–	5,162	–	0.05%	–
JPM	New	JPMORGAN CHASE & CO	$515,000	–	4,941	–	0.04%	–
MSFT	New	MICROSOFT CORP	$509,000	–	5,163	–	0.04%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$487,000	–	2,350	–	0.04%	–
INTC	New	INTEL CORP	$475,000	–	9,553	–	0.04%	–
HON	New	HONEYWELL INTL INC	$476,000	–	3,302	–	0.04%	–
AMZN	New	AMAZON COM INC	$433,000	–	255	–	0.04%	–
MA	New	MASTERCARD INCORPORATEDcl a	$415,000	–	2,114	–	0.04%	–
NVG	New	NUVEEN AMT FREE MUN CR INC F	$391,000	–	26,800	–	0.03%	–
FAST	New	FASTENAL CO	$382,000	–	7,938	–	0.03%	–
MRK	New	MERCK & CO INC	$368,000	–	6,057	–	0.03%	–
V	New	VISA INC	$363,000	–	2,744	–	0.03%	–
RDSA	New	ROYAL DUTCH SHELL PLCspons adr a	$359,000	–	5,180	–	0.03%	–
SHY	New	ISHARES TR1 3 yr treas bd	$362,000	–	4,348	–	0.03%	–
PJT	New	PJT PARTNERS INC	$352,000	–	6,592	–	0.03%	–
DIS	New	DISNEY WALT CO	$349,000	–	3,326	–	0.03%	–
USB	New	US BANCORP DEL	$328,000	–	6,556	–	0.03%	–
D	New	DOMINION ENERGY INC	$310,000	–	4,552	–	0.03%	–
LQD	New	ISHARES TRiboxx inv cp etf	$290,000	–	2,532	–	0.02%	–
COST	New	COSTCO WHSL CORP NEW	$286,000	–	1,370	–	0.02%	–
GOOG	New	ALPHABET INCcap stk cl c	$281,000	–	252	–	0.02%	–
ABBV	New	ABBVIE INC	$266,000	–	2,873	–	0.02%	–
BA	New	BOEING CO	$263,000	–	785	–	0.02%	–
GOOGL	New	ALPHABET INCcap stk cl a	$270,000	–	239	–	0.02%	–
SFM	New	SPROUTS FMRS MKT INC	$261,000	–	11,815	–	0.02%	–
AON	New	AON PLC	$241,000	–	1,759	–	0.02%	–
LMT	New	LOCKHEED MARTIN CORP	$234,000	–	791	–	0.02%	–
SPGI	New	S&P GLOBAL INC	$219,000	–	1,074	–	0.02%	–
FIS	New	FIDELITY NATL INFORMATION SV	$220,000	–	2,078	–	0.02%	–
DWDP	New	DOWDUPONT INC	$225,000	–	3,412	–	0.02%	–
GS	New	GOLDMAN SACHS GROUP INC	$204,000	–	925	–	0.02%	–
AMGN	New	AMGEN INC	$206,000	–	1,115	–	0.02%	–
VERU	New	VERU INC	$111,000	–	55,000	–	0.01%	–
AMLP	New	ALPS ETF TRalerian mlp	$108,000	–	10,700	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
VERU	Exit	VERU INC	$0	–	-55,000	–	-0.01%	–
SFM	Exit	SPROUTS FMRS MKT INC	$0	–	-11,900	–	-0.02%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-9,710	–	-0.02%	–
JCI	Exit	JOHNSON CTLS INTL PLC	$0	–	-6,208	–	-0.02%	–
AON	Exit	AON PLC	$0	–	-1,800	–	-0.02%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-2,040	–	-0.02%	–
PJT	Exit	PJT PARTNERS INC	$0	–	-6,903	–	-0.02%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-905	–	-0.02%	–
V	Exit	VISA INC	$0	–	-2,756	–	-0.03%	–
MRK	Exit	MERCK & CO INC	$0	–	-4,754	–	-0.03%	–
CBOE	Exit	CBOE HLDGS INC	$0	–	-3,026	–	-0.03%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-4,304	–	-0.03%	–
DIS	Exit	DISNEY WALT CO	$0	–	-3,431	–	-0.03%	–
INTC	Exit	INTEL CORP	$0	–	-9,123	–	-0.03%	–
D	Exit	DOMINION ENERGY INC	$0	–	-4,748	–	-0.03%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-3,049	–	-0.03%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-4,348	–	-0.03%	–
FAST	Exit	FASTENAL CO	$0	–	-8,938	–	-0.04%	–
NVG	Exit	NUVEEN AMT FREE MUN CR INC F	$0	–	-26,800	–	-0.04%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-2,350	–	-0.04%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-3,189	–	-0.04%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-3,520	–	-0.04%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-5,393	–	-0.05%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-3,557	–	-0.05%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-6,348	–	-0.06%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-3,793	–	-0.06%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-11,761	–	-0.07%	–
PM	Exit	PHILIP MORRIS INTL INC	$0	–	-6,708	–	-0.07%	–
FISV	Exit	FISERV INC	$0	–	-6,526	–	-0.08%	–
KO	Exit	COCA COLA CO	$0	–	-26,433	–	-0.11%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-19,676	–	-0.11%	–
ITM	Exit	VANECK VECTORS ETF TRamt free int etf	$0	–	-54,725	–	-0.12%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-11,560	–	-0.13%	–
MCD	Exit	MCDONALDS CORP	$0	–	-10,229	–	-0.14%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-46,725	–	-0.20%	–
AAPL	Exit	APPLE INC	$0	–	-19,469	–	-0.27%	–
TFI	Exit	SPDR SER TRnuveen brc munic	$0	–	-72,316	–	-0.32%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-83,537	–	-0.35%	–
SCG	Exit	SCANA CORP NEW	$0	–	-102,903	–	-0.45%	–
BSV	Exit	VANGUARD BD INDEX FD INCshort trm bond	$0	–	-63,205	–	-0.45%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-50,444	–	-0.50%	–
BLD	Exit	TOPBUILD CORP	$0	–	-93,393	–	-0.54%	–
AB	Exit	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$0	–	-255,750	–	-0.56%	–
SO	Exit	SOUTHERN CO	$0	–	-186,903	–	-0.82%	–
T	Exit	AT&T INC	$0	–	-260,581	–	-0.91%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-123,855	–	-0.93%	–
ORI	Exit	OLD REP INTL CORP	$0	–	-543,905	–	-0.96%	–
BX	Exit	BLACKSTONE GROUP L P	$0	–	-329,750	–	-0.98%	–
ED	Exit	CONSOLIDATED EDISON INC	$0	–	-140,107	–	-1.01%	–
TDS	Exit	TELEPHONE & DATA SYS INC	$0	–	-561,020	–	-1.40%	–
CLX	Exit	CLOROX CO DEL	$0	–	-124,685	–	-1.47%	–
RDN	Exit	RADIAN GROUP INC	$0	–	-974,800	–	-1.63%	–
CAA	Exit	CALATLANTIC GROUP INC	$0	–	-608,600	–	-1.99%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-282,123	–	-2.17%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-378,024	–	-2.23%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-494,694	–	-2.33%	–
LLY	Exit	LILLY ELI & CO	$0	–	-313,440	–	-2.39%	–
ETFC	Exit	E TRADE FINANCIAL CORP	$0	–	-682,681	–	-2.66%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-2,449,150	–	-2.74%	–
FITB	Exit	FIFTH THIRD BANCORP	$0	–	-1,131,288	–	-2.83%	–
GLW	Exit	CORNING INC	$0	–	-1,065,150	–	-2.85%	–
SANM	Exit	SANMINA CORPORATION	$0	–	-885,182	–	-2.94%	–
MAS	Exit	MASCO CORP	$0	–	-886,315	–	-3.09%	–
MS	Exit	MORGAN STANLEY	$0	–	-724,940	–	-3.12%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-388,121	–	-3.15%	–
MSI	Exit	MOTOROLA SOLUTIONS INC	$0	–	-432,136	–	-3.28%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,109,747	–	-3.33%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-896,872	–	-3.42%	–
WM	Exit	WASTE MGMT INC DEL	$0	–	-490,585	–	-3.43%	–
DHI	Exit	D R HORTON INC	$0	–	-992,099	–	-3.54%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-917,195	–	-3.58%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-461,541	–	-3.69%	–
FLEX	Exit	FLEX LTDord	$0	–	-2,529,150	–	-3.74%	–
C	Exit	CITIGROUP INC	$0	–	-620,786	–	-4.03%	–
XLNX	Exit	XILINX INC	$0	–	-670,025	–	-4.24%	–
TMUS	Exit	T MOBILE US INC	$0	–	-784,668	–	-4.32%	–
BAC	Exit	BANK AMER CORP	$0	–	-1,974,669	–	-4.47%	–
HD	Exit	HOME DEPOT INC	$0	–	-344,411	–	-5.03%	–

Q3 2017

			Value		Shares		↓ Weighting
HD	Sell	HOME DEPOT INC	$56,332,000	+6.4%	344,411	-0.2%	5.03%	+0.2%
BAC	Sell	BANK AMER CORP	$50,038,000	+3.8%	1,974,669	-0.6%	4.47%	-2.2%
TMUS	Sell	T MOBILE US INC	$48,383,000	+0.8%	784,668	-0.9%	4.32%	-5.1%
XLNX	Buy	XILINX INC	$47,458,000	+10.3%	670,025	+0.2%	4.24%	+3.9%
C	Buy	CITIGROUP INC	$45,156,000	+9.0%	620,786	+0.2%	4.03%	+2.6%
FLEX	Sell	FLEX LTDord	$41,908,000	+1.4%	2,529,150	-0.2%	3.74%	-4.5%
TXN	Sell	TEXAS INSTRS INC	$41,373,000	+16.1%	461,541	-0.4%	3.69%	+9.3%
SCHW	Buy	SCHWAB CHARLES CORP NEW	$40,118,000	+2.9%	917,195	+1.1%	3.58%	-3.1%
DHI	Sell	D R HORTON INC	$39,615,000	+15.3%	992,099	-0.2%	3.54%	+8.6%
WM	Buy	WASTE MGMT INC DEL	$38,398,000	+8.9%	490,585	+2.1%	3.43%	+2.5%
NWL	Buy	NEWELL BRANDS INC	$38,270,000	-19.8%	896,872	+0.8%	3.42%	-24.5%
CSCO	Buy	CISCO SYS INC	$37,321,000	+8.9%	1,109,747	+1.3%	3.33%	+2.5%
MSI	Buy	MOTOROLA SOLUTIONS INC	$36,675,000	-1.9%	432,136	+0.2%	3.28%	-7.7%
PG	Buy	PROCTER AND GAMBLE CO	$35,311,000	+4.9%	388,121	+0.5%	3.15%	-1.2%
MS	Sell	MORGAN STANLEY	$34,920,000	+8.0%	724,940	-0.1%	3.12%	+1.7%
MAS	Buy	MASCO CORP	$34,575,000	+2.6%	886,315	+0.5%	3.09%	-3.4%
SANM	Buy	SANMINA CORPORATION	$32,885,000	-1.9%	885,182	+0.6%	2.94%	-7.7%
GLW	Sell	CORNING INC	$31,869,000	-0.5%	1,065,150	-0.0%	2.85%	-6.3%
FITB	Sell	FIFTH THIRD BANCORP	$31,653,000	+7.5%	1,131,288	-0.3%	2.83%	+1.2%
MTG	Buy	MGIC INVT CORP WIS	$30,688,000	+13.0%	2,449,150	+1.0%	2.74%	+6.3%
ETFC	Sell	E TRADE FINANCIAL CORP	$29,772,000	+13.9%	682,681	-0.7%	2.66%	+7.3%
LLY	Sell	LILLY ELI & CO	$26,812,000	+2.3%	313,440	-1.5%	2.39%	-3.7%
LEN	Sell	LENNAR CORPcl a	$26,120,000	-1.2%	494,694	-0.2%	2.33%	-6.9%
RSG	Sell	REPUBLIC SVCS INC	$24,972,000	+3.5%	378,024	-0.2%	2.23%	-2.6%
ADI	Sell	ANALOG DEVICES INC	$24,311,000	+9.6%	282,123	-1.0%	2.17%	+3.2%
CAA	Buy	CALATLANTIC GROUP INC	$22,293,000	+3.6%	608,600	+0.0%	1.99%	-2.4%
RDN	Buy	RADIAN GROUP INC	$18,219,000	+14.6%	974,800	+0.3%	1.63%	+7.9%
CLX	Buy	CLOROX CO DEL	$16,447,000	+1.1%	124,685	+2.1%	1.47%	-4.8%
TDS	Buy	TELEPHONE & DATA SYS INC	$15,647,000	+0.9%	561,020	+0.4%	1.40%	-5.0%
ED	Buy	CONSOLIDATED EDISON INC	$11,304,000	+0.4%	140,107	+0.6%	1.01%	-5.4%
BX	Buy	BLACKSTONE GROUP L P	$11,004,000	+1.0%	329,750	+1.0%	0.98%	-4.8%
ORI	Buy	OLD REP INTL CORP	$10,709,000	+2.3%	543,905	+1.5%	0.96%	-3.7%
DUK	Buy	DUKE ENERGY CORP NEW	$10,394,000	+1.6%	123,855	+1.2%	0.93%	-4.3%
T	Buy	AT&T INC	$10,207,000	+6.8%	260,581	+2.9%	0.91%	+0.6%
SO	Buy	SOUTHERN CO	$9,184,000	+4.0%	186,903	+1.3%	0.82%	-2.1%
AB	Buy	ALLIANCEBERNSTEIN HOLDING LPunit ltd partn	$6,215,000	+9.8%	255,750	+6.8%	0.56%	+3.4%
BLD	Sell	TOPBUILD CORP	$6,086,000	+21.3%	93,393	-1.2%	0.54%	+14.1%
MUB	New	ISHARES TRnational mun etf	$5,593,000	–	50,444	–	0.50%	–
BSV	New	VANGUARD BD INDEX FD INCshort trm bond	$5,045,000	–	63,205	–	0.45%	–
SCG	Buy	SCANA CORP NEW	$4,990,000	-27.2%	102,903	+0.7%	0.45%	-31.4%
XEL	Sell	XCEL ENERGY INC	$3,953,000	+2.2%	83,537	-0.9%	0.35%	-3.8%
TFI	New	SPDR SER TRnuveen brc munic	$3,537,000	–	72,316	–	0.32%	–
AAPL	Buy	APPLE INC	$3,001,000	+186.4%	19,469	+167.6%	0.27%	+170.7%
SHM	New	SPDR SER TRnuveen blmbrg sr	$2,271,000	–	46,725	–	0.20%	–
MCD	Sell	MCDONALDS CORP	$1,603,000	-4.7%	10,229	-6.8%	0.14%	-10.6%
JNJ	Sell	JOHNSON & JOHNSON	$1,503,000	-5.4%	11,560	-3.8%	0.13%	-11.3%
ITM	New	VANECK VECTORS ETF TRamt free int etf	$1,316,000	–	54,725	–	0.12%	–
WEC	Sell	WEC ENERGY GROUP INC	$1,235,000	-0.8%	19,676	-3.0%	0.11%	-6.8%
FISV	Sell	FISERV INC	$842,000	-2.1%	6,526	-7.1%	0.08%	-8.5%
PM	Buy	PHILIP MORRIS INTL INC	$745,000	+1.4%	6,708	+7.2%	0.07%	-4.3%
BRKB	Buy	BERKSHIRE HATHAWAY INC DELcl b new	$695,000	+8.8%	3,793	+0.6%	0.06%	+1.6%
IEF	New	ISHARES TRbarclays 7 10 yr	$676,000	–	6,348	–	0.06%	–
FB	Buy	FACEBOOK INCcl a	$608,000	+43.4%	3,557	+26.7%	0.05%	+35.0%
JPM	Buy	JPMORGAN CHASE & CO	$515,000	+39.2%	5,393	+33.4%	0.05%	+31.4%
HON	Sell	HONEYWELL INTL INC	$499,000	+0.6%	3,520	-5.4%	0.04%	-4.3%
MA	New	MASTERCARD INCORPORATEDcl a	$450,000	–	3,189	–	0.04%	–
FAST	New	FASTENAL CO	$407,000	–	8,938	–	0.04%	–
D	Buy	DOMINION ENERGY INC	$365,000	+27.2%	4,748	+26.7%	0.03%	+22.2%
LQD	New	ISHARES TRiboxx inv cp etf	$370,000	–	3,049	–	0.03%	–
SHY	New	ISHARES TR1 3 yr treas bd	$367,000	–	4,348	–	0.03%	–
INTC	Sell	INTEL CORP	$347,000	+9.1%	9,123	-3.2%	0.03%	+3.3%
DIS	Sell	DISNEY WALT CO	$338,000	-11.3%	3,431	-4.2%	0.03%	-16.7%
CBOE	New	CBOE HLDGS INC	$326,000	–	3,026	–	0.03%	–
MRK	Sell	MERCK & CO INC	$304,000	-7.9%	4,754	-7.8%	0.03%	-12.9%
PJT	Sell	PJT PARTNERS INC	$264,000	-7.4%	6,903	-2.5%	0.02%	-11.1%
JCI	New	JOHNSON CTLS INTL PLC	$250,000	–	6,208	–	0.02%	–
SFM	New	SPROUTS FMRS MKT INC	$223,000	–	11,900	–	0.02%	–
VERU	New	VERU INC	$146,000	–	55,000	–	0.01%	–
MFC	Exit	MANULIFE	$0	–	-10,000	–	-0.02%	–
ADP	Exit	ADP	$0	–	-2,000	–	-0.02%	–
AMGN	Exit	AMGEN	$0	–	-1,220	–	-0.02%	–
PEP	Exit	PEPSI	$0	–	-1,959	–	-0.02%	–
GOOGL	Exit	ALPHABET Acap stk cl a	$0	–	-239	–	-0.02%	–
CAG	Exit	CONAGRA	$0	–	-6,525	–	-0.02%	–
USB	Exit	US BANCORP	$0	–	-4,744	–	-0.02%	–
BRKA	Exit	BERKSHIRE HATHAWAY Acl a	$0	–	-2	–	-0.05%	–

Q2 2017

			Value		Shares		↓ Weighting
HD	New	HOME DEPOT	$52,955,000	–	345,211	–	5.02%	–
BAC	New	BANK OF AMERICA	$48,183,000	–	1,986,099	–	4.57%	–
TMUS	New	T-MOBILE	$48,007,000	–	791,938	–	4.55%	–
NWL	New	NEWELL BRANDS	$47,715,000	–	889,872	–	4.52%	–
XLNX	New	XILINX	$43,019,000	–	668,835	–	4.08%	–
C	New	CITIGROUP	$41,427,000	–	619,426	–	3.93%	–
FLEX	New	FLEXord	$41,322,000	–	2,533,550	–	3.92%	–
SCHW	New	CHARLES SCHWAB	$38,982,000	–	907,395	–	3.70%	–
MSI	New	MOTOROLA SOLUTIONS	$37,400,000	–	431,171	–	3.55%	–
TXN	New	TEXAS INSTRUMENTS	$35,641,000	–	463,291	–	3.38%	–
WM	New	WASTE MANAGEMENT	$35,260,000	–	480,705	–	3.34%	–
DHI	New	D R HORTON	$34,352,000	–	993,699	–	3.26%	–
CSCO	New	CISCO SYSTEMS	$34,280,000	–	1,095,221	–	3.25%	–
MAS	New	MASCO	$33,712,000	–	882,269	–	3.20%	–
PG	New	PROCTER & GAMBLE	$33,654,000	–	386,160	–	3.19%	–
SANM	New	SANMINA	$33,536,000	–	880,212	–	3.18%	–
MS	New	MORGAN STANLEY	$32,341,000	–	725,780	–	3.07%	–
GLW	New	CORNING	$32,014,000	–	1,065,350	–	3.04%	–
FITB	New	FIFTH THIRD	$29,450,000	–	1,134,448	–	2.79%	–
MTG	New	MGIC	$27,168,000	–	2,425,700	–	2.58%	–
LEN	New	LENNARcl a	$26,426,000	–	495,604	–	2.51%	–
LLY	New	ELI LILLY	$26,199,000	–	318,330	–	2.48%	–
ETFC	New	ETRADE FINANCIAL	$26,135,000	–	687,211	–	2.48%	–
RSG	New	REPUBLIC SERVICES	$24,134,000	–	378,684	–	2.29%	–
ADI	New	ANALOG DEVICES	$22,179,000	–	285,083	–	2.10%	–
CAA	New	CALATLANTIC	$21,509,000	–	608,455	–	2.04%	–
CLX	New	CLOROX	$16,266,000	–	122,081	–	1.54%	–
RDN	New	RADIAN GROUP	$15,896,000	–	972,260	–	1.51%	–
TDS	New	TELEPHONE & DATA SYSTEMS	$15,514,000	–	559,050	–	1.47%	–
ED	New	CON ED	$11,256,000	–	139,277	–	1.07%	–
BX	New	BLACKSTONE	$10,891,000	–	326,566	–	1.03%	–
ORI	New	OLD REPUBLIC	$10,468,000	–	536,005	–	0.99%	–
DUK	New	DUKE ENERGY	$10,229,000	–	122,369	–	0.97%	–
T	New	AT&T	$9,555,000	–	253,251	–	0.91%	–
SO	New	SOUTHERN COMPANY	$8,835,000	–	184,523	–	0.84%	–
SCG	New	SCANA	$6,850,000	–	102,223	–	0.65%	–
AB	New	ALLIANCEBERNSTEINunit ltd partn	$5,662,000	–	239,400	–	0.54%	–
BLD	New	TOPBUILD	$5,019,000	–	94,566	–	0.48%	–
XEL	New	XCEL ENERGY	$3,867,000	–	84,287	–	0.37%	–
MCD	New	MCDONALDS	$1,682,000	–	10,979	–	0.16%	–
JNJ	New	JOHNSON & JOHNSON	$1,589,000	–	12,014	–	0.15%	–
WEC	New	WEC ENERGY	$1,245,000	–	20,276	–	0.12%	–
KO	New	COCA-COLA	$1,186,000	–	26,433	–	0.11%	–
AAPL	New	APPLE	$1,048,000	–	7,276	–	0.10%	–
MO	New	ALTRIA GROUP	$876,000	–	11,761	–	0.08%	–
FISV	New	FISERV	$860,000	–	7,026	–	0.08%	–
PM	New	PHILIP MORRIS	$735,000	–	6,258	–	0.07%	–
BRKB	New	BERKSHIRE HATHAWAY Bcl b new	$639,000	–	3,770	–	0.06%	–
BRKA	New	BERKSHIRE HATHAWAY Acl a	$509,000	–	2	–	0.05%	–
HON	New	HONEYWELL	$496,000	–	3,720	–	0.05%	–
FB	New	FACEBOOKcl a	$424,000	–	2,807	–	0.04%	–
TMO	New	THERMO FISHER	$410,000	–	2,350	–	0.04%	–
NVG	New	NUVEEN AMT MUNI	$406,000	–	26,800	–	0.04%	–
DIS	New	DISNEY	$381,000	–	3,583	–	0.04%	–
JPM	New	JPMORGAN CHASE	$370,000	–	4,043	–	0.04%	–
MRK	New	MERCK	$330,000	–	5,154	–	0.03%	–
INTC	New	INTEL	$318,000	–	9,423	–	0.03%	–
MSFT	New	MICROSOFT	$297,000	–	4,304	–	0.03%	–
D	New	DOMINION	$287,000	–	3,748	–	0.03%	–
PJT	New	PJT PARTNERS	$285,000	–	7,082	–	0.03%	–
IEI	New	ISHARES ETF 3-7 YR TREASURY BO3-7 yr tr bd etf	$252,000	–	2,040	–	0.02%	–
LMT	New	LOCKHEED MARTIN	$251,000	–	905	–	0.02%	–
V	New	VISA	$258,000	–	2,756	–	0.02%	–
XLF	New	SPIDER ETF FINANCIALsbi int-finl	$240,000	–	9,710	–	0.02%	–
USB	New	US BANCORP	$246,000	–	4,744	–	0.02%	–
AON	New	AON	$239,000	–	1,800	–	0.02%	–
CAG	New	CONAGRA	$233,000	–	6,525	–	0.02%	–
PEP	New	PEPSI	$226,000	–	1,959	–	0.02%	–
GOOGL	New	ALPHABET Acap stk cl a	$222,000	–	239	–	0.02%	–
AMGN	New	AMGEN	$210,000	–	1,220	–	0.02%	–
ADP	New	ADP	$205,000	–	2,000	–	0.02%	–
MFC	New	MANULIFE	$188,000	–	10,000	–	0.02%	–

Q4 2016

			Value		Shares		↓ Weighting
AON	Exit	AON	$0	–	-1,800	–	-0.02%	–
MDLZ	Exit	MONDELEZcl a	$0	–	-4,605	–	-0.02%	–
AMGN	Exit	AMGEN	$0	–	-1,317	–	-0.02%	–
MSFT	Exit	MICROSOFT	$0	–	-3,814	–	-0.02%	–
PEP	Exit	PEPSI	$0	–	-2,038	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-8,106	–	-0.03%	–
FB	Exit	FACEBOOKcl a	$0	–	-1,857	–	-0.03%	–
MRK	Exit	MERCK	$0	–	-4,245	–	-0.03%	–
JPM	Exit	JPMORGAN CHASE	$0	–	-4,310	–	-0.03%	–
VZ	Exit	VERIZON	$0	–	-5,501	–	-0.03%	–
D	Exit	DOMINION	$0	–	-4,151	–	-0.03%	–
AAPL	Exit	APPLE	$0	–	-2,870	–	-0.04%	–
INTC	Exit	INTEL	$0	–	-8,533	–	-0.04%	–
MCD	Exit	MCDONALDS	$0	–	-3,236	–	-0.04%	–
ABBV	Exit	ABBVIE	$0	–	-5,895	–	-0.04%	–
HON	Exit	HONEYWELL	$0	–	-3,296	–	-0.04%	–
CAG	Exit	CONAGRA	$0	–	-9,117	–	-0.05%	–
NVG	Exit	NUVEEN AMT MUNI	$0	–	-27,191	–	-0.05%	–
BRKA	Exit	BERKSHIRE HATHAWAY Acl a	$0	–	-2	–	-0.05%	–
BRKB	Exit	BERKSHIRE HATHAWAY Bcl b new	$0	–	-3,170	–	-0.05%	–
FISV	Exit	FISERV	$0	–	-4,794	–	-0.05%	–
PM	Exit	PHILIP MORRIS	$0	–	-5,658	–	-0.06%	–
TMO	Exit	THERMO FISHER	$0	–	-3,850	–	-0.07%	–
MO	Exit	ALTRIA GROUP	$0	–	-9,961	–	-0.07%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-6,426	–	-0.08%	–
WEC	Exit	WEC ENERGY	$0	–	-19,138	–	-0.13%	–
KO	Exit	COCA-COLA	$0	–	-33,623	–	-0.16%	–
BLD	Exit	TOPBUILD	$0	–	-96,941	–	-0.36%	–
XEL	Exit	XCEL ENERGY	$0	–	-85,637	–	-0.39%	–
AB	Exit	ALLIANCEBERNSTEINunit ltd partn	$0	–	-236,800	–	-0.60%	–
SCG	Exit	SCANA	$0	–	-100,625	–	-0.80%	–
BX	Exit	BLACKSTONE	$0	–	-312,817	–	-0.88%	–
ORI	Exit	OLD REPUBLIC	$0	–	-522,299	–	-1.02%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-181,757	–	-1.03%	–
DUK	Exit	DUKE ENERGY	$0	–	-116,535	–	-1.03%	–
T	Exit	AT&T	$0	–	-247,778	–	-1.11%	–
ED	Exit	CON ED	$0	–	-134,326	–	-1.12%	–
RDN	Exit	RADIAN GROUP	$0	–	-936,310	–	-1.40%	–
TDS	Exit	TELEPHONE & DATA SYSTEMS	$0	–	-531,650	–	-1.60%	–
EBAY	Exit	EBAY	$0	–	-444,745	–	-1.62%	–
CLX	Exit	CLOROX	$0	–	-117,125	–	-1.62%	–
PYPL	Exit	PAYPAL	$0	–	-398,216	–	-1.80%	–
ADI	Exit	ANALOG DEVICES	$0	–	-285,832	–	-2.03%	–
MTG	Exit	MGIC	$0	–	-2,338,800	–	-2.06%	–
RSG	Exit	REPUBLIC SERVICES	$0	–	-373,734	–	-2.08%	–
CAA	Exit	CALATLANTIC	$0	–	-600,855	–	-2.22%	–
AGN	Exit	ALLERGAN	$0	–	-88,074	–	-2.24%	–
LEN	Exit	LENNARcl a	$0	–	-478,956	–	-2.24%	–
ETFC	Exit	E*TRADE FINANCIAL	$0	–	-706,388	–	-2.27%	–
MS	Exit	MORGAN STANLEY	$0	–	-722,425	–	-2.56%	–
FITB	Exit	FIFTH THIRD	$0	–	-1,132,998	–	-2.56%	–
SANM	Exit	SANMINA	$0	–	-892,981	–	-2.81%	–
LLY	Exit	ELI LILLY	$0	–	-328,066	–	-2.91%	–
BMY	Exit	BRISTOL MYERS	$0	–	-518,238	–	-3.08%	–
C	Exit	CITIGROUP	$0	–	-599,979	–	-3.13%	–
WM	Exit	WASTE MANAGEMENT	$0	–	-455,507	–	-3.21%	–
DHI	Exit	D R HORTON	$0	–	-988,005	–	-3.29%	–
MAS	Exit	MASCO	$0	–	-885,410	–	-3.35%	–
BAC	Exit	BANK OF AMERICA	$0	–	-2,033,868	–	-3.51%	–
MSI	Exit	MOTOROLA SOLUTIONS	$0	–	-418,546	–	-3.52%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-363,529	–	-3.60%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-1,061,471	–	-3.72%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-484,263	–	-3.75%	–
FLEX	Exit	FLEXord	$0	–	-2,517,750	–	-3.79%	–
XLNX	Exit	XILINX	$0	–	-667,660	–	-4.00%	–
TMUS	Exit	T-MOBILE	$0	–	-812,590	–	-4.19%	–
NWL	Exit	NEWELL BRANDS	$0	–	-874,588	–	-5.08%	–
HD	Exit	HOME DEPOT	$0	–	-360,400	–	-5.12%	–

Q3 2016

			Value		Shares		↓ Weighting
HD	Sell	HOME DEPOT	$46,376,000	-6.2%	360,400	-6.9%	5.12%	-13.3%
NWL	Sell	NEWELL BRANDS	$46,056,000	+5.8%	874,588	-2.4%	5.08%	-2.2%
TMUS	Sell	T-MOBILE	$37,964,000	+7.4%	812,590	-0.5%	4.19%	-0.7%
XLNX	Buy	XILINX	$36,281,000	+18.0%	667,660	+0.2%	4.00%	+9.0%
FLEX	Buy	FLEXord	$34,292,000	+15.8%	2,517,750	+0.3%	3.79%	+7.0%
TXN	Sell	TEXAS INSTRUMENTS	$33,986,000	+9.4%	484,263	-2.3%	3.75%	+1.1%
CSCO	New	CISCO SYSTEMS	$33,670,000	–	1,061,471	–	3.72%	–
PG	Buy	PROCTER & GAMBLE	$32,627,000	+6.3%	363,529	+0.3%	3.60%	-1.8%
MSI	Buy	MOTOROLA SOLUTIONS	$31,927,000	+16.2%	418,546	+0.5%	3.52%	+7.4%
BAC	Buy	BANK OF AMERICA	$31,830,000	+18.8%	2,033,868	+0.7%	3.51%	+9.8%
MAS	Sell	MASCO	$30,378,000	+7.9%	885,410	-2.7%	3.35%	-0.3%
DHI	Sell	D R HORTON	$29,838,000	-9.2%	988,005	-5.3%	3.29%	-16.1%
WM	Buy	WASTE MANAGEMENT	$29,043,000	-3.6%	455,507	+0.2%	3.21%	-10.9%
C	Buy	CITIGROUP	$28,337,000	+12.3%	599,979	+0.8%	3.13%	+3.8%
BMY	Sell	BRISTOL MYERS	$27,943,000	-31.6%	518,238	-6.7%	3.08%	-36.8%
LLY	Sell	ELI LILLY	$26,331,000	+1.2%	328,066	-0.7%	2.91%	-6.5%
SANM	Buy	SANMINA	$25,423,000	+6.5%	892,981	+0.3%	2.81%	-1.5%
FITB	Buy	FIFTH THIRD	$23,181,000	+19.0%	1,132,998	+2.3%	2.56%	+10.0%
MS	Buy	MORGAN STANLEY	$23,161,000	+25.1%	722,425	+1.4%	2.56%	+15.6%
ETFC	Sell	E*TRADE FINANCIAL	$20,570,000	+23.5%	706,388	-0.4%	2.27%	+14.1%
AGN	Sell	ALLERGAN	$20,284,000	-0.6%	88,074	-0.3%	2.24%	-8.2%
LEN	Buy	LENNARcl a	$20,279,000	-7.7%	478,956	+0.5%	2.24%	-14.7%
CAA	Buy	CALATLANTIC	$20,093,000	-8.0%	600,855	+1.0%	2.22%	-15.0%
RSG	Sell	REPUBLIC SERVICES	$18,855,000	-1.9%	373,734	-0.2%	2.08%	-9.3%
MTG	Buy	MGIC	$18,710,000	+39.1%	2,338,800	+3.5%	2.06%	+28.5%
ADI	Sell	ANALOG DEVICES	$18,422,000	+13.3%	285,832	-0.4%	2.03%	+4.7%
PYPL	Sell	PAYPAL	$16,315,000	+10.3%	398,216	-1.7%	1.80%	+1.9%
CLX	Buy	CLOROX	$14,662,000	-9.5%	117,125	+0.1%	1.62%	-16.3%
EBAY	Buy	EBAY	$14,632,000	+46.9%	444,745	+4.5%	1.62%	+35.7%
TDS	Sell	TELEPHONE & DATA SYSTEMS	$14,450,000	-8.5%	531,650	-0.1%	1.60%	-15.4%
RDN	Buy	RADIAN GROUP	$12,687,000	+34.2%	936,310	+3.2%	1.40%	+24.1%
ED	Buy	CON ED	$10,115,000	-5.7%	134,326	+0.7%	1.12%	-12.9%
T	Buy	AT&T	$10,062,000	-5.0%	247,778	+1.1%	1.11%	-12.2%
DUK	Buy	DUKE ENERGY	$9,327,000	-6.4%	116,535	+0.4%	1.03%	-13.4%
SO	Buy	SOUTHERN COMPANY	$9,324,000	-3.8%	181,757	+0.6%	1.03%	-11.1%
ORI	Buy	OLD REPUBLIC	$9,203,000	-8.2%	522,299	+0.5%	1.02%	-15.1%
BX	Buy	BLACKSTONE	$7,986,000	+5.2%	312,817	+1.1%	0.88%	-2.8%
SCG	Buy	SCANA	$7,282,000	-3.9%	100,625	+0.5%	0.80%	-11.2%
AB	Buy	ALLIANCEBERNSTEINunit ltd partn	$5,399,000	+0.2%	236,800	+2.4%	0.60%	-7.5%
BLD	Sell	TOPBUILD	$3,218,000	-8.9%	96,941	-0.7%	0.36%	-15.9%
KO	Sell	COCA-COLA	$1,423,000	-25.8%	33,623	-20.5%	0.16%	-31.4%
JNJ	Sell	JOHNSON & JOHNSON	$759,000	-3.8%	6,426	-1.2%	0.08%	-10.6%
TMO	Sell	THERMO FISHER	$612,000	-7.0%	3,850	-13.5%	0.07%	-13.9%
PM	Buy	PHILIP MORRIS	$550,000	-1.6%	5,658	+2.9%	0.06%	-9.0%
FISV	Sell	FISERV	$477,000	-8.8%	4,794	-0.4%	0.05%	-14.5%
BRKB	Sell	BERKSHIRE HATHAWAY Bcl b new	$458,000	-7.1%	3,170	-6.9%	0.05%	-13.6%
CAG	Sell	CONAGRA	$430,000	-13.3%	9,117	-12.1%	0.05%	-20.3%
HON	Sell	HONEYWELL	$384,000	-2.0%	3,296	-2.3%	0.04%	-10.6%
ABBV	New	ABBVIE	$372,000	–	5,895	–	0.04%	–
MCD	Sell	MCDONALDS	$373,000	-4.4%	3,236	-0.2%	0.04%	-12.8%
AAPL	Sell	APPLE	$324,000	+12.1%	2,870	-5.2%	0.04%	+2.9%
INTC	Sell	INTEL	$322,000	-2.4%	8,533	-15.1%	0.04%	-7.7%
JPM	Sell	JPMORGAN CHASE	$287,000	-1.0%	4,310	-7.8%	0.03%	-8.6%
VZ	Sell	VERIZON	$286,000	-16.6%	5,501	-10.3%	0.03%	-22.0%
MRK	Buy	MERCK	$265,000	+12.3%	4,245	+3.4%	0.03%	+3.6%
FB	Buy	FACEBOOKcl a	$238,000	+13.9%	1,857	+1.6%	0.03%	+4.0%
GE	Sell	GENERAL ELECTRIC	$240,000	-32.2%	8,106	-28.0%	0.03%	-38.1%
PEP	Sell	PEPSI	$222,000	-3.1%	2,038	-5.6%	0.02%	-7.4%
MSFT	New	MICROSOFT	$220,000	–	3,814	–	0.02%	–
AMGN	New	AMGEN	$220,000	–	1,317	–	0.02%	–
AON	New	AON	$202,000	–	1,800	–	0.02%	–
KHC	Exit	KRAFT HEINZ	$0	–	-2,271	–	-0.02%	–
WFC	Exit	WELLS FARGO	$0	–	-4,430	–	-0.02%	–
DIS	Exit	DISNEY	$0	–	-2,780	–	-0.03%	–

Q2 2016

			Value		Shares		↓ Weighting
HD	New	HOME DEPOT	$49,426,000	–	387,079	–	5.90%	–
NWL	New	NEWELL BRANDS	$43,514,000	–	895,903	–	5.20%	–
BMY	New	BRISTOL MYERS	$40,842,000	–	555,300	–	4.88%	–
TMUS	New	T-MOBILE	$35,344,000	–	816,826	–	4.22%	–
DHI	New	D R HORTON	$32,846,000	–	1,043,387	–	3.92%	–
TXN	New	TEXAS INSTRUMENTS	$31,066,000	–	495,864	–	3.71%	–
XLNX	New	XILINX	$30,747,000	–	666,535	–	3.67%	–
PG	New	PROCTER & GAMBLE	$30,702,000	–	362,604	–	3.67%	–
WM	New	WASTE MANAGEMENT	$30,114,000	–	454,418	–	3.60%	–
FLEX	New	FLEXord	$29,617,000	–	2,509,900	–	3.54%	–
MAS	New	MASCO	$28,142,000	–	909,565	–	3.36%	–
MSI	New	MOTOROLA SOLUTIONS	$27,468,000	–	416,371	–	3.28%	–
BAC	New	BANK OF AMERICA	$26,793,000	–	2,019,043	–	3.20%	–
LLY	New	ELI LILLY	$26,023,000	–	330,450	–	3.11%	–
C	New	CITIGROUP	$25,227,000	–	595,114	–	3.01%	–
SANM	New	SANMINA	$23,863,000	–	890,075	–	2.85%	–
LEN	New	LENNARcl a	$21,963,000	–	476,417	–	2.62%	–
CAA	New	CALATLANTIC	$21,839,000	–	594,905	–	2.61%	–
AGN	New	ALLERGAN	$20,407,000	–	88,308	–	2.44%	–
FITB	New	FIFTH THIRD	$19,473,000	–	1,107,048	–	2.33%	–
RSG	New	REPUBLIC SERVICES	$19,215,000	–	374,484	–	2.30%	–
MS	New	MORGAN STANLEY	$18,510,000	–	712,465	–	2.21%	–
ETFC	New	E*TRADE FINANCIAL	$16,658,000	–	709,149	–	1.99%	–
ADI	New	ANALOG DEVICES	$16,262,000	–	287,110	–	1.94%	–
CLX	New	CLOROX	$16,193,000	–	117,010	–	1.93%	–
TDS	New	TELEPHONE & DATA SYSTEMS	$15,790,000	–	532,350	–	1.89%	–
PYPL	New	PAYPAL	$14,792,000	–	405,158	–	1.77%	–
MTG	New	MGIC	$13,449,000	–	2,260,300	–	1.61%	–
ED	New	CON ED	$10,729,000	–	133,376	–	1.28%	–
T	New	AT&T	$10,593,000	–	245,146	–	1.26%	–
ORI	New	OLD REPUBLIC	$10,023,000	–	519,599	–	1.20%	–
EBAY	New	EBAY	$9,960,000	–	425,456	–	1.19%	–
DUK	New	DUKE ENERGY	$9,960,000	–	116,101	–	1.19%	–
SO	New	SOUTHERN COMPANY	$9,694,000	–	180,752	–	1.16%	–
RDN	New	RADIAN GROUP	$9,451,000	–	907,010	–	1.13%	–
BX	New	BLACKSTONE	$7,589,000	–	309,270	–	0.91%	–
SCG	New	SCANA CORP NEW	$7,578,000	–	100,161	–	0.90%	–
AB	New	ALLIANCEBERNSTEINunit ltd partn	$5,390,000	–	231,350	–	0.64%	–
XEL	New	XCEL ENERGY	$3,835,000	–	85,637	–	0.46%	–
BLD	New	TOPBUILD	$3,533,000	–	97,608	–	0.42%	–
KO	New	COCA-COLA	$1,918,000	–	42,303	–	0.23%	–
WEC	New	WEC ENERGY	$1,250,000	–	19,138	–	0.15%	–
JNJ	New	JOHNSON & JOHNSON	$789,000	–	6,504	–	0.09%	–
MO	New	ALTRIA GROUP	$687,000	–	9,961	–	0.08%	–
TMO	New	THERMO FISHER	$658,000	–	4,450	–	0.08%	–
PM	New	PHILIP MORRIS	$559,000	–	5,500	–	0.07%	–
FISV	New	FISERV	$523,000	–	4,811	–	0.06%	–
CAG	New	CONAGRA	$496,000	–	10,367	–	0.06%	–
BRKB	New	BERKSHIRE HATHAWAY Bcl b new	$493,000	–	3,404	–	0.06%	–
NVG	New	NUVEEN AMT MUNI	$442,000	–	27,191	–	0.05%	–
BRKA	New	BERKSHIRE HATHAWAY Acl a	$434,000	–	2	–	0.05%	–
MCD	New	MCDONALDS	$390,000	–	3,242	–	0.05%	–
HON	New	HONEYWELL	$392,000	–	3,372	–	0.05%	–
GE	New	GENERAL ELECTRIC	$354,000	–	11,257	–	0.04%	–
VZ	New	VERIZON	$343,000	–	6,134	–	0.04%	–
INTC	New	INTEL	$330,000	–	10,053	–	0.04%	–
D	New	DOMINION	$324,000	–	4,151	–	0.04%	–
AAPL	New	APPLE	$289,000	–	3,027	–	0.04%	–
JPM	New	JPMORGAN CHASE	$290,000	–	4,674	–	0.04%	–
DIS	New	DISNEY	$272,000	–	2,780	–	0.03%	–
MRK	New	MERCK	$236,000	–	4,105	–	0.03%	–
PEP	New	PEPSI	$229,000	–	2,159	–	0.03%	–
WFC	New	WELLS FARGO	$210,000	–	4,430	–	0.02%	–
FB	New	FACEBOOKcl a	$209,000	–	1,828	–	0.02%	–
MDLZ	New	MONDELEZcl a	$210,000	–	4,605	–	0.02%	–
KHC	New	KRAFT HEINZ	$201,000	–	2,271	–	0.02%	–

Q4 2015

			Value		Shares		↓ Weighting
VZ	Exit	VERIZON	$0	–	-4,855	–	-0.03%	–
PEP	Exit	PEPSICO	$0	–	-2,401	–	-0.03%	–
MRK	Exit	MERCK	$0	–	-4,791	–	-0.03%	–
WFC	Exit	WELLS FARGO	$0	–	-4,872	–	-0.03%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-10,333	–	-0.03%	–
USB	Exit	US BANCORP	$0	–	-6,406	–	-0.03%	–
MCD	Exit	MCDONALDS	$0	–	-2,729	–	-0.04%	–
INTC	Exit	INTEL	$0	–	-8,926	–	-0.04%	–
D	Exit	DOMINION	$0	–	-3,863	–	-0.04%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-2,596	–	-0.04%	–
HON	Exit	HONEYWELL	$0	–	-3,174	–	-0.04%	–
DIS	Exit	DISNEY	$0	–	-3,362	–	-0.04%	–
NVG	Exit	NUVEEN INSURED ADVANTAGE MUNI	$0	–	-26,800	–	-0.05%	–
BRKA	Exit	BERKSHIRE HATHAWAY Acl a	$0	–	-2	–	-0.05%	–
PM	Exit	PHILIP MORRIS	$0	–	-5,000	–	-0.05%	–
FISV	Exit	FISERV	$0	–	-5,086	–	-0.06%	–
BRKB	Exit	BERKSHIRE HATHAWAY Bcl b new	$0	–	-3,652	–	-0.06%	–
TIME	Exit	TIME	$0	–	-27,202	–	-0.07%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-5,676	–	-0.07%	–
MO	Exit	ALTRIA GROUP	$0	–	-10,110	–	-0.07%	–
CAG	Exit	CONAGRA	$0	–	-14,470	–	-0.08%	–
WEC	Exit	WEC ENERGY GROUP	$0	–	-18,156	–	-0.12%	–
TMO	Exit	THERMO FISHER	$0	–	-9,086	–	-0.14%	–
KO	Exit	COCA COLA	$0	–	-48,980	–	-0.26%	–
XEL	Exit	XCEL ENERGY	$0	–	-86,448	–	-0.40%	–
BLD	Exit	TOPBUILD	$0	–	-100,958	–	-0.41%	–
GCI	Exit	GANNETT	$0	–	-236,517	–	-0.46%	–
SCG	Exit	SCANA	$0	–	-99,911	–	-0.73%	–
AB	Exit	ALLIANCEBERNSTEINunit ltd partn	$0	–	-234,550	–	-0.81%	–
T	Exit	AT&T	$0	–	-240,001	–	-1.02%	–
SO	Exit	SOUTHERN	$0	–	-177,733	–	-1.04%	–
ORI	Exit	OLD REPUBLIC	$0	–	-508,549	–	-1.04%	–
DUK	Exit	DUKE ENERGY	$0	–	-112,489	–	-1.06%	–
ED	Exit	CON ED	$0	–	-133,826	–	-1.17%	–
BX	Exit	BLACKSTONE	$0	–	-309,169	–	-1.28%	–
EBAY	Exit	EBAY	$0	–	-423,560	–	-1.35%	–
TGNA	Exit	TEGNA	$0	–	-473,037	–	-1.38%	–
NYT	Exit	NEW YORK TIMEScl a	$0	–	-909,100	–	-1.40%	–
PYPL	Exit	PAYPAL HOLDINGS	$0	–	-421,710	–	-1.71%	–
RDN	Exit	RADIAN GROUP	$0	–	-897,210	–	-1.86%	–
SANM	Exit	SANMINA	$0	–	-691,400	–	-1.93%	–
ADI	Exit	ANALOG DEVICES	$0	–	-285,421	–	-2.10%	–
TWX	Exit	TIME WARNER	$0	–	-238,535	–	-2.14%	–
ETFC	Exit	E*TRADE FINANCIAL	$0	–	-713,899	–	-2.45%	–
TOL	Exit	TOLL BROTHERS	$0	–	-557,078	–	-2.49%	–
MTG	Exit	MGIC	$0	–	-2,235,850	–	-2.70%	–
FITB	Exit	FIFTH THIRD BANK	$0	–	-1,102,210	–	-2.72%	–
MS	Exit	MORGAN STANLEY	$0	–	-684,565	–	-2.81%	–
FLEX	Exit	FLEXord	$0	–	-2,188,750	–	-3.01%	–
MAS	Exit	MASCO	$0	–	-922,509	–	-3.03%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-502,164	–	-3.24%	–
LM	Exit	LEGG MASON	$0	–	-635,579	–	-3.45%	–
XLNX	Exit	XILINX	$0	–	-653,304	–	-3.61%	–
LLY	Exit	ELI LILLY	$0	–	-332,135	–	-3.63%	–
C	Exit	CITIGROUP	$0	–	-578,110	–	-3.74%	–
BAC	Exit	BANK OF AMERICA	$0	–	-1,969,485	–	-4.00%	–
PFE	Exit	PFIZER	$0	–	-1,001,425	–	-4.10%	–
DHI	Exit	D.R. HORTON	$0	–	-1,076,602	–	-4.12%	–
FL	Exit	FOOT LOCKER	$0	–	-450,716	–	-4.23%	–
BMY	Exit	BRISTOL MYERS	$0	–	-575,716	–	-4.45%	–
NWL	Exit	NEWELL RUBBERMAID	$0	–	-931,324	–	-4.82%	–
AGN	Exit	ALLERGAN	$0	–	-176,183	–	-6.25%	–
HD	Exit	HOME DEPOT	$0	–	-421,558	–	-6.35%	–

Q3 2015

			Value		Shares		↓ Weighting
HD	Buy	HOME DEPOT	$48,686,000	+5.0%	421,558	+1.0%	6.35%	+26.1%
AGN	Sell	ALLERGAN	$47,888,000	-10.6%	176,183	-0.2%	6.25%	+7.4%
NWL	Buy	NEWELL RUBBERMAID	$36,983,000	-2.8%	931,324	+0.6%	4.82%	+16.7%
BMY	Buy	BRISTOL MYERS	$34,082,000	-9.8%	575,716	+1.4%	4.45%	+8.3%
FL	Buy	FOOT LOCKER	$32,438,000	+8.6%	450,716	+1.2%	4.23%	+30.5%
DHI	Buy	D.R. HORTON	$31,609,000	+8.7%	1,076,602	+1.3%	4.12%	+30.5%
PFE	Buy	PFIZER	$31,455,000	-4.6%	1,001,425	+1.9%	4.10%	+14.6%
BAC	Buy	BANK OF AMERICA	$30,685,000	-6.4%	1,969,485	+2.3%	4.00%	+12.4%
C	Buy	CITIGROUP	$28,680,000	-7.3%	578,110	+3.3%	3.74%	+11.4%
LLY	Buy	ELI LILLY	$27,796,000	+1.3%	332,135	+1.0%	3.63%	+21.6%
XLNX	Buy	XILINX	$27,700,000	-2.7%	653,304	+1.3%	3.61%	+16.8%
LM	Buy	LEGG MASON	$26,446,000	-17.5%	635,579	+2.2%	3.45%	-0.9%
TXN	Buy	TEXAS INSTRUMENTS	$24,867,000	-1.6%	502,164	+2.3%	3.24%	+18.1%
MAS	Buy	MASCO	$23,229,000	-4.4%	922,509	+1.3%	3.03%	+14.9%
FLEX	Buy	FLEXord	$23,069,000	-5.4%	2,188,750	+1.5%	3.01%	+13.6%
MS	Buy	MORGAN STANLEY	$21,564,000	-17.0%	684,565	+2.2%	2.81%	-0.4%
FITB	Buy	FIFTH THIRD BANK	$20,843,000	-5.8%	1,102,210	+3.7%	2.72%	+13.1%
MTG	Buy	MGIC	$20,704,000	-16.0%	2,235,850	+3.3%	2.70%	+0.9%
TOL	Buy	TOLL BROTHERS	$19,074,000	-8.3%	557,078	+2.3%	2.49%	+10.1%
ETFC	Buy	E*TRADE FINANCIAL	$18,797,000	-10.8%	713,899	+1.5%	2.45%	+7.1%
TWX	Buy	TIME WARNER	$16,399,000	-20.3%	238,535	+1.4%	2.14%	-4.2%
ADI	Buy	ANALOG DEVICES	$16,101,000	-10.7%	285,421	+1.5%	2.10%	+7.2%
SANM	Buy	SANMINA	$14,775,000	+7.5%	691,400	+1.4%	1.93%	+29.0%
RDN	Buy	RADIAN GROUP	$14,275,000	-12.3%	897,210	+3.5%	1.86%	+5.3%
PYPL	New	PAYPAL HOLDINGS	$13,090,000	–	421,710	–	1.71%	–
NYT	Buy	NEW YORK TIMEScl a	$10,736,000	-12.9%	909,100	+0.7%	1.40%	+4.6%
TGNA	Sell	TEGNA	$10,591,000	-30.2%	473,037	-0.0%	1.38%	-16.2%
EBAY	Buy	EBAY	$10,352,000	-59.2%	423,560	+0.5%	1.35%	-51.0%
BX	Buy	BLACKSTONE	$9,791,000	-21.2%	309,169	+1.8%	1.28%	-5.3%
ED	Buy	CON ED	$8,946,000	+17.6%	133,826	+1.8%	1.17%	+41.3%
DUK	Buy	DUKE ENERGY	$8,092,000	+2.4%	112,489	+0.6%	1.06%	+23.1%
ORI	Buy	OLD REPUBLIC	$7,954,000	+2.8%	508,549	+2.8%	1.04%	+23.6%
SO	Buy	SOUTHERN	$7,945,000	+7.4%	177,733	+0.6%	1.04%	+29.0%
T	Buy	AT&T	$7,819,000	-6.7%	240,001	+1.7%	1.02%	+12.1%
AB	Buy	ALLIANCEBERNSTEINunit ltd partn	$6,239,000	-9.7%	234,550	+0.2%	0.81%	+8.4%
SCG	Buy	SCANA	$5,621,000	+12.2%	99,911	+1.0%	0.73%	+34.5%
GCI	Buy	GANNETT	$3,484,000	+7.2%	236,517	+1.8%	0.46%	+28.9%
BLD	Sell	TOPBUILD	$3,127,000	+5.2%	100,958	-1.5%	0.41%	+26.3%
KO	Sell	COCA COLA	$1,965,000	+0.5%	48,980	-1.7%	0.26%	+20.8%
TMO	New	THERMO FISHER	$1,111,000	–	9,086	–	0.14%	–
WEC	Buy	WEC ENERGY GROUP	$948,000	+148.8%	18,156	+114.6%	0.12%	+202.4%
CAG	Buy	CONAGRA	$586,000	-3.0%	14,470	+4.7%	0.08%	+15.2%
MO	Buy	ALTRIA GROUP	$550,000	+134.0%	10,110	+110.4%	0.07%	+176.9%
JNJ	Sell	JOHNSON & JOHNSON	$530,000	-5.7%	5,676	-1.6%	0.07%	+13.1%
TIME	Buy	TIME	$518,000	-17.3%	27,202	+0.0%	0.07%	0.0%
BRKB	Buy	BERKSHIRE HATHAWAY Bcl b new	$476,000	+7.4%	3,652	+12.3%	0.06%	+29.2%
PM	New	PHILIP MORRIS	$397,000	–	5,000	–	0.05%	–
HON	Buy	HONEYWELL	$301,000	+32.6%	3,174	+42.7%	0.04%	+56.0%
AAPL	Sell	APPLE COMPUTER	$286,000	-24.9%	2,596	-14.5%	0.04%	-9.8%
MCD	New	MCDONALDS	$269,000	–	2,729	–	0.04%	–
INTC	Buy	INTEL	$269,000	+7.6%	8,926	+8.5%	0.04%	+29.6%
USB	Buy	US BANCORP	$263,000	+11.9%	6,406	+18.5%	0.03%	+30.8%
GE	New	GENERAL ELECTRIC	$261,000	–	10,333	–	0.03%	–
MRK	Buy	MERCK	$237,000	-7.8%	4,791	+6.1%	0.03%	+10.7%
PEP	Sell	PEPSICO	$226,000	-16.6%	2,401	-17.2%	0.03%	0.0%
VZ	New	VERIZON	$211,000	–	4,855	–	0.03%	–
AMGN	Exit	AMGEN	$0	–	-1,440	–	-0.02%	–
ABT	Exit	ABBOTT LABS	$0	–	-4,745	–	-0.02%	–
A309PS	Exit	DIRECTV	$0	–	-3,150	–	-0.03%	–
BLK	Exit	BLACKROCK	$0	–	-1,096	–	-0.04%	–
VIAB	Exit	VIACOM CL Bcl b	$0	–	-319,183	–	-2.24%	–
YHOO	Exit	YAHOO	$0	–	-1,027,183	–	-4.38%	–
MYL	Exit	MYLAN	$0	–	-706,718	–	-5.21%	–

Q2 2015

			Value		Shares		↓ Weighting
AGN	New	ALLERGAN	$53,566,000	–	176,518	–	5.82%	–
MYL	New	MYLAN	$47,958,000	–	706,718	–	5.21%	–
HD	New	HOME DEPOT	$46,372,000	–	417,278	–	5.04%	–
YHOO	New	YAHOO	$40,358,000	–	1,027,183	–	4.38%	–
NWL	New	NEWELL RUBBERMAID	$38,059,000	–	925,774	–	4.14%	–
BMY	New	BRISTOL MYERS	$37,792,000	–	567,966	–	4.11%	–
PFE	New	PFIZER	$32,966,000	–	983,191	–	3.58%	–
BAC	New	BANK OF AMERICA	$32,773,000	–	1,925,548	–	3.56%	–
LM	New	LEGG MASON	$32,037,000	–	621,724	–	3.48%	–
C	New	CITIGROUP	$30,922,000	–	559,773	–	3.36%	–
FL	New	FOOT LOCKER	$29,859,000	–	445,583	–	3.24%	–
DHI	New	D.R. HORTON	$29,082,000	–	1,062,952	–	3.16%	–
XLNX	New	XILINX	$28,481,000	–	644,946	–	3.09%	–
LLY	New	ELI LILLY	$27,446,000	–	328,735	–	2.98%	–
MS	New	MORGAN STANLEY	$25,990,000	–	670,025	–	2.82%	–
EBAY	New	EBAY	$25,386,000	–	421,410	–	2.76%	–
TXN	New	TEXAS INSTRUMENTS	$25,284,000	–	490,864	–	2.75%	–
MTG	New	MGIC	$24,635,000	–	2,164,800	–	2.68%	–
FLEX	New	FLEXTRONICSord	$24,378,000	–	2,155,450	–	2.65%	–
MAS	New	MASCO	$24,294,000	–	910,902	–	2.64%	–
FITB	New	FIFTH THIRD BANK	$22,124,000	–	1,062,610	–	2.40%	–
ETFC	New	E*TRADE FINANCIAL	$21,074,000	–	703,637	–	2.29%	–
TOL	New	TOLL BROTHERS	$20,799,000	–	544,628	–	2.26%	–
VIAB	New	VIACOM CL Bcl b	$20,632,000	–	319,183	–	2.24%	–
TWX	New	TIME WARNER	$20,564,000	–	235,263	–	2.23%	–
ADI	New	ANALOG DEVICES	$18,040,000	–	281,068	–	1.96%	–
RDN	New	RADIAN GROUP	$16,269,000	–	867,210	–	1.77%	–
TGNA	New	TEGNA	$15,177,000	–	473,237	–	1.65%	–
SANM	New	SANMINA	$13,750,000	–	682,050	–	1.49%	–
BX	New	BLACKSTONE	$12,418,000	–	303,842	–	1.35%	–
NYT	New	NEW YORK TIMEScl a	$12,324,000	–	902,850	–	1.34%	–
T	New	AT&T	$8,380,000	–	235,936	–	0.91%	–
DUK	New	DUKE ENERGY	$7,899,000	–	111,855	–	0.86%	–
ORI	New	OLD REPUBLIC	$7,734,000	–	494,800	–	0.84%	–
ED	New	CON ED	$7,607,000	–	131,426	–	0.83%	–
SO	New	SOUTHERN	$7,400,000	–	176,607	–	0.80%	–
AB	New	ALLIANCEBERNSTEINunit ltd partn	$6,910,000	–	234,000	–	0.75%	–
SCG	New	SCANA	$5,012,000	–	98,961	–	0.54%	–
GCI	New	GANNETT	$3,251,000	–	232,392	–	0.35%	–
BLD	New	TOPBUILD	$2,972,000	–	102,480	–	0.32%	–
XEL	New	XCEL ENERGY	$2,782,000	–	86,448	–	0.30%	–
KO	New	COCA COLA	$1,955,000	–	49,830	–	0.21%	–
TIME	New	TIME	$626,000	–	27,196	–	0.07%	–
CAG	New	CONAGRA	$604,000	–	13,825	–	0.07%	–
JNJ	New	JOHNSON & JOHNSON	$562,000	–	5,771	–	0.06%	–
BRKB	New	BERKSHIRE HATHAWAY Bcl b new	$443,000	–	3,252	–	0.05%	–
FISV	New	FISERV	$421,000	–	5,086	–	0.05%	–
BRKA	New	BERKSHIRE HATHAWAY Acl a	$410,000	–	2	–	0.04%	–
DIS	New	DISNEY	$384,000	–	3,362	–	0.04%	–
WEC	New	WEC ENERGY GROUP	$381,000	–	8,462	–	0.04%	–
BLK	New	BLACKROCK	$379,000	–	1,096	–	0.04%	–
AAPL	New	APPLE COMPUTER	$381,000	–	3,038	–	0.04%	–
NVG	New	NUVEEN INSURED ADVANTAGE MUNI	$363,000	–	26,800	–	0.04%	–
A309PS	New	DIRECTV	$292,000	–	3,150	–	0.03%	–
WFC	New	WELLS FARGO	$274,000	–	4,872	–	0.03%	–
PEP	New	PEPSICO	$271,000	–	2,901	–	0.03%	–
D	New	DOMINION	$258,000	–	3,863	–	0.03%	–
MRK	New	MERCK	$257,000	–	4,516	–	0.03%	–
INTC	New	INTEL	$250,000	–	8,226	–	0.03%	–
USB	New	US BANCORP	$235,000	–	5,406	–	0.03%	–
MO	New	ALTRIA GROUP	$235,000	–	4,806	–	0.03%	–
ABT	New	ABBOTT LABS	$233,000	–	4,745	–	0.02%	–
HON	New	HONEYWELL	$227,000	–	2,224	–	0.02%	–
AMGN	New	AMGEN	$221,000	–	1,440	–	0.02%	–

Q4 2014

			Value		Shares		↓ Weighting
USB	Exit	US BANCORP	$0	–	-4,829	–	-0.03%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-2,460	–	-0.03%	–
INTC	Exit	INTEL	$0	–	-6,600	–	-0.03%	–
D	Exit	DOMINION	$0	–	-3,961	–	-0.04%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-2,863	–	-0.04%	–
FISV	Exit	FISERV	$0	–	-4,886	–	-0.04%	–
WEC	Exit	WISCONSIN ENERGY	$0	–	-7,530	–	-0.04%	–
NVG	Exit	NUVEEN INSURED ADVANTAGE MUNI	$0	–	-26,800	–	-0.05%	–
BRKA	Exit	BERKSHIRE HATHAWAY Acl a	$0	–	-2	–	-0.05%	–
BRKB	Exit	BERKSHIRE HATHAWAY Bcl b new	$0	–	-3,137	–	-0.06%	–
CAG	Exit	CONAGRA	$0	–	-18,325	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-5,762	–	-0.08%	–
TIME	Exit	TIME	$0	–	-28,398	–	-0.09%	–
XEL	Exit	XCEL ENERGY	$0	–	-86,298	–	-0.34%	–
KO	Exit	COCA COLA	$0	–	-62,482	–	-0.34%	–
SCG	Exit	SCANA	$0	–	-96,061	–	-0.61%	–
AB	Exit	ALLIANCEBERNSTEINunit ltd partn	$0	–	-224,850	–	-0.75%	–
ORI	Exit	OLD REPUBLIC	$0	–	-456,400	–	-0.84%	–
ED	Exit	CON ED	$0	–	-123,550	–	-0.90%	–
SO	Exit	SOUTHERN	$0	–	-167,343	–	-0.94%	–
T	Exit	AT&T	$0	–	-223,089	–	-1.01%	–
DUK	Exit	DUKE ENERGY	$0	–	-107,773	–	-1.04%	–
NYT	Exit	NEW YORK TIMEScl a	$0	–	-818,900	–	-1.18%	–
BX	Exit	BLACKSTONE	$0	–	-297,475	–	-1.20%	–
ADI	Exit	ANALOG DEVICES	$0	–	-270,820	–	-1.72%	–
GCI	Exit	GANNETT	$0	–	-454,900	–	-1.74%	–
SANM	Exit	SANMINA	$0	–	-653,875	–	-1.76%	–
TOL	Exit	TOLL BROTHERS	$0	–	-494,800	–	-1.98%	–
ETFC	Exit	E*TRADE FINANCIAL	$0	–	-686,125	–	-1.99%	–
TWX	Exit	TIME WARNER	$0	–	-233,270	–	-2.26%	–
FITB	Exit	FIFTH THIRD BANCORP	$0	–	-1,021,560	–	-2.63%	–
LLY	Exit	ELI LILLY	$0	–	-316,935	–	-2.64%	–
MAS	Exit	MASCO	$0	–	-866,015	–	-2.66%	–
DHI	Exit	D.R. HORTON	$0	–	-1,046,052	–	-2.76%	–
FLEX	Exit	FLEXTRONICSord	$0	–	-2,107,550	–	-2.80%	–
MS	Exit	MORGAN STANLEY	$0	–	-643,900	–	-2.86%	–
EBAY	Exit	EBAY	$0	–	-402,490	–	-2.93%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-478,625	–	-2.94%	–
VIAB	Exit	VIACOM CL Bcl b	$0	–	-306,077	–	-3.03%	–
FL	Exit	FOOT LOCKER	$0	–	-433,812	–	-3.11%	–
XLNX	Exit	XILINX	$0	–	-604,556	–	-3.29%	–
C	Exit	CITIGROUP	$0	–	-524,691	–	-3.50%	–
PFE	Exit	PFIZER	$0	–	-929,942	–	-3.54%	–
A309PS	Exit	DIRECTV	$0	–	-321,039	–	-3.57%	–
BMY	Exit	BRISTOL MYERS	$0	–	-565,692	–	-3.72%	–
NWL	Exit	NEWELL RUBBERMAID	$0	–	-906,299	–	-4.01%	–
LM	Exit	LEGG MASON	$0	–	-610,762	–	-4.02%	–
BAC	Exit	BANK OF AMERICA	$0	–	-1,839,298	–	-4.04%	–
MYL	Exit	MYLAN	$0	–	-732,020	–	-4.28%	–
HD	Exit	HOME DEPOT	$0	–	-414,401	–	-4.89%	–
YHOO	Exit	YAHOO	$0	–	-1,025,701	–	-5.38%	–
B108PS	Exit	ACTAVIS	$0	–	-197,200	–	-6.12%	–

Q3 2014

			Value		Shares		↓ Weighting
B108PS	Sell	ACTAVIS	$47,580,000	+4.1%	197,200	-3.8%	6.12%	+2.9%
YHOO	Buy	YAHOO	$41,797,000	+16.1%	1,025,701	+0.1%	5.38%	+14.8%
HD	Buy	HOME DEPOT	$38,017,000	+14.8%	414,401	+1.3%	4.89%	+13.5%
MYL	Sell	MYLAN	$33,300,000	-12.8%	732,020	-1.1%	4.28%	-13.8%
BAC	Buy	BANK OF AMERICA	$31,360,000	+12.1%	1,839,298	+1.0%	4.04%	+10.8%
LM	Buy	LEGG MASON	$31,247,000	+0.3%	610,762	+0.6%	4.02%	-0.8%
NWL	Buy	NEWELL RUBBERMAID	$31,186,000	+11.8%	906,299	+0.7%	4.01%	+10.5%
BMY	Buy	BRISTOL MYERS	$28,952,000	+6.4%	565,692	+0.9%	3.72%	+5.1%
A309PS	Sell	DIRECTV	$27,776,000	+0.3%	321,039	-1.5%	3.57%	-0.9%
PFE	Buy	PFIZER	$27,498,000	+0.8%	929,942	+1.2%	3.54%	-0.4%
C	Buy	CITIGROUP	$27,189,000	+13.2%	524,691	+2.9%	3.50%	+11.9%
XLNX	Buy	XILINX	$25,603,000	-9.3%	604,556	+1.3%	3.29%	-10.4%
FL	Buy	FOOT LOCKER	$24,142,000	+10.5%	433,812	+0.7%	3.11%	+9.2%
VIAB	Buy	VIACOM CL Bcl b	$23,550,000	-11.2%	306,077	+0.1%	3.03%	-12.3%
TXN	Sell	TEXAS INSTRUMENTS	$22,826,000	-0.2%	478,625	-0.0%	2.94%	-1.4%
EBAY	Buy	EBAY	$22,793,000	+14.5%	402,490	+1.2%	2.93%	+13.2%
MS	Buy	MORGAN STANLEY	$22,260,000	+8.9%	643,900	+1.8%	2.86%	+7.6%
FLEX	Buy	FLEXTRONICSord	$21,750,000	-6.1%	2,107,550	+0.7%	2.80%	-7.2%
DHI	Sell	D.R. HORTON	$21,465,000	-16.8%	1,046,052	-0.4%	2.76%	-17.8%
MAS	Buy	MASCO	$20,715,000	+9.3%	866,015	+1.4%	2.66%	+8.0%
LLY	Buy	ELI LILLY	$20,553,000	+6.8%	316,935	+2.4%	2.64%	+5.5%
FITB	Buy	FIFTH THIRD BANCORP	$20,452,000	-5.0%	1,021,560	+1.3%	2.63%	-6.1%
TWX	Buy	TIME WARNER	$17,544,000	+7.5%	233,270	+0.4%	2.26%	+6.2%
ETFC	Buy	E*TRADE FINANCIAL	$15,500,000	+7.2%	686,125	+0.9%	1.99%	+5.9%
TOL	Buy	TOLL BROTHERS	$15,418,000	-13.6%	494,800	+2.3%	1.98%	-14.6%
SANM	Buy	SANMINA	$13,640,000	-7.6%	653,875	+0.9%	1.76%	-8.7%
GCI	Buy	GANNETT	$13,497,000	-4.1%	454,900	+1.2%	1.74%	-5.2%
ADI	Buy	ANALOG DEVICES	$13,403,000	-7.4%	270,820	+1.2%	1.72%	-8.4%
BX	Sell	BLACKSTONE	$9,365,000	-6.0%	297,475	-0.2%	1.20%	-7.1%
NYT	Buy	NEW YORK TIMEScl a	$9,188,000	-25.7%	818,900	+0.8%	1.18%	-26.6%
DUK	Buy	DUKE ENERGY	$8,058,000	+1.7%	107,773	+0.9%	1.04%	+0.5%
T	Buy	AT&T	$7,862,000	+0.8%	223,089	+1.1%	1.01%	-0.4%
SO	Buy	SOUTHERN	$7,305,000	-2.1%	167,343	+1.8%	0.94%	-3.3%
ED	Buy	CON ED	$7,000,000	-0.3%	123,550	+1.6%	0.90%	-1.4%
ORI	Buy	OLD REPUBLIC	$6,517,000	-11.8%	456,400	+2.2%	0.84%	-12.8%
AB	Buy	ALLIANCEBERNSTEINunit ltd partn	$5,848,000	+0.9%	224,850	+0.4%	0.75%	-0.4%
SCG	Buy	SCANA	$4,766,000	-7.5%	96,061	+0.3%	0.61%	-8.6%
KO	Sell	COCA COLA	$2,665,000	-1.9%	62,482	-2.6%	0.34%	-3.1%
XEL	Sell	XCEL ENERGY	$2,623,000	-6.0%	86,298	-0.3%	0.34%	-6.9%
TIME	Sell	TIME	$665,000	-4.3%	28,398	-1.1%	0.09%	-4.4%
CAG	Sell	CONAGRA	$605,000	+1.0%	18,325	-9.2%	0.08%	0.0%
BRKB	Sell	BERKSHIRE HATHAWAY Bcl b new	$433,000	+7.4%	3,137	-1.6%	0.06%	+7.7%
NVG	Sell	NUVEEN INSURED ADVANTAGE MUNI	$378,000	-1.8%	26,800	-1.5%	0.05%	-2.0%
WEC	Sell	WISCONSIN ENERGY	$324,000	-8.2%	7,530	-0.0%	0.04%	-8.7%
AAPL	Sell	APPLE COMPUTER	$288,000	-4.6%	2,863	-11.9%	0.04%	-5.1%
INTC	New	INTEL	$230,000	–	6,600	–	0.03%	–
PG	Sell	PROCTER & GAMBLE	$206,000	-11.6%	2,460	-16.9%	0.03%	-10.0%
HSH	Exit	HILLSHIRE BRANDS	$0	–	-3,220	–	-0.03%	–

Q2 2014

			Value		Shares		↓ Weighting
B108PS	New	ACTAVIS	$45,705,000	–	204,910	–	5.95%	–
MYL	New	MYLAN	$38,168,000	–	740,270	–	4.97%	–
YHOO	New	YAHOO	$35,986,000	–	1,024,376	–	4.69%	–
HD	New	HOME DEPOT	$33,113,000	–	409,001	–	4.31%	–
LM	New	LEGG MASON	$31,139,000	–	606,887	–	4.06%	–
XLNX	New	XILINX	$28,236,000	–	596,831	–	3.68%	–
BAC	New	BANK OF AMERICA	$27,977,000	–	1,820,248	–	3.64%	–
NWL	New	NEWELL RUBBERMAID	$27,896,000	–	900,149	–	3.63%	–
A309PS	New	DIRECTV	$27,700,000	–	325,839	–	3.61%	–
PFE	New	PFIZER	$27,267,000	–	918,693	–	3.55%	–
BMY	New	BRISTOL MYERS	$27,208,000	–	560,867	–	3.54%	–
VIAB	New	VIACOM CL Bcl b	$26,531,000	–	305,902	–	3.46%	–
DHI	New	D.R. HORTON	$25,810,000	–	1,050,052	–	3.36%	–
C	New	CITIGROUP	$24,018,000	–	509,941	–	3.13%	–
FLEX	New	FLEXTRONICSord	$23,161,000	–	2,092,200	–	3.02%	–
TXN	New	TEXAS INSTRUMENTS	$22,883,000	–	478,825	–	2.98%	–
FL	New	FOOT LOCKER	$21,843,000	–	430,662	–	2.84%	–
FITB	New	FIFTH THIRD BANCORP	$21,536,000	–	1,008,710	–	2.80%	–
MS	New	MORGAN STANLEY	$20,441,000	–	632,250	–	2.66%	–
EBAY	New	EBAY	$19,907,000	–	397,665	–	2.59%	–
LLY	New	ELI LILLY	$19,242,000	–	309,510	–	2.51%	–
MAS	New	MASCO	$18,952,000	–	853,690	–	2.47%	–
TOL	New	TOLL BROTHERS	$17,847,000	–	483,650	–	2.32%	–
TWX	New	TIME WARNER	$16,316,000	–	232,250	–	2.12%	–
SANM	New	SANMINA	$14,760,000	–	647,925	–	1.92%	–
ADI	New	ANALOG DEVICES	$14,470,000	–	267,620	–	1.88%	–
ETFC	New	E*TRADE FINANCIAL	$14,462,000	–	680,250	–	1.88%	–
GCI	New	GANNETT	$14,069,000	–	449,350	–	1.83%	–
NYT	New	NEW YORK TIMEScl a	$12,363,000	–	812,800	–	1.61%	–
BX	New	BLACKSTONE	$9,964,000	–	297,975	–	1.30%	–
DUK	New	DUKE ENERGY	$7,923,000	–	106,795	–	1.03%	–
T	New	AT&T	$7,801,000	–	220,627	–	1.02%	–
SO	New	SOUTHERN	$7,462,000	–	164,443	–	0.97%	–
ORI	New	OLD REPUBLIC	$7,388,000	–	446,700	–	0.96%	–
ED	New	CON ED	$7,021,000	–	121,600	–	0.91%	–
AB	New	ALLIANCEBERNSTEINunit ltd partn	$5,798,000	–	224,050	–	0.76%	–
SCG	New	SCANA	$5,153,000	–	95,761	–	0.67%	–
XEL	New	XCEL ENERGY	$2,789,000	–	86,548	–	0.36%	–
KO	New	COCA COLA	$2,717,000	–	64,132	–	0.35%	–
TIME	New	TIME	$695,000	–	28,715	–	0.09%	–
JNJ	New	JOHNSON & JOHNSON	$603,000	–	5,762	–	0.08%	–
CAG	New	CONAGRA	$599,000	–	20,175	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY Bcl b new	$403,000	–	3,187	–	0.05%	–
NVG	New	NUVEEN INSURED ADVANTAGE MUNI	$385,000	–	27,200	–	0.05%	–
BRKA	New	BERKSHIRE HATHAWAY Acl a	$380,000	–	2	–	0.05%	–
WEC	New	WISCONSIN ENERGY	$353,000	–	7,531	–	0.05%	–
AAPL	New	APPLE COMPUTER	$302,000	–	3,248	–	0.04%	–
FISV	New	FISERV	$295,000	–	4,886	–	0.04%	–
D	New	DOMINION	$283,000	–	3,961	–	0.04%	–
PG	New	PROCTER & GAMBLE	$233,000	–	2,960	–	0.03%	–
USB	New	US BANCORP	$209,000	–	4,829	–	0.03%	–
HSH	New	HILLSHIRE BRANDS	$201,000	–	3,220	–	0.03%	–

Q4 2013

			Value		Shares		↓ Weighting
MCD	Exit	MCDONALDS	$0	–	-2,281	–	-0.04%	–
PM	Exit	PHILIP MORRIS	$0	–	-2,770	–	-0.04%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-519	–	-0.04%	–
GOOGL	Exit	GOOGLEcl a	$0	–	-281	–	-0.04%	–
LOW	Exit	LOWE'S	$0	–	-5,216	–	-0.04%	–
NLY	Exit	ANNALY CAPITAL	$0	–	-22,000	–	-0.04%	–
PEP	Exit	PEPSICO	$0	–	-3,330	–	-0.04%	–
D	Exit	DOMINION	$0	–	-4,411	–	-0.04%	–
DIS	Exit	DISNEY	$0	–	-4,501	–	-0.05%	–
WEC	Exit	WISCONSIN ENERGY	$0	–	-7,531	–	-0.05%	–
FISV	Exit	FISERV	$0	–	-3,282	–	-0.05%	–
BRKA	Exit	BERKSHIRE HATHAWAY Acl a	$0	–	-2	–	-0.06%	–
WHR	Exit	WHIRLPOOL	$0	–	-2,400	–	-0.06%	–
BRKB	Exit	BERKSHIRE HATHAWAY Bcl b new	$0	–	-3,054	–	-0.06%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-4,600	–	-0.06%	–
NVG	Exit	NUVEEN INSURED ADVANTAGE MUNI	$0	–	-28,700	–	-0.06%	–
MKC	Exit	MCCORMICK	$0	–	-6,002	–	-0.06%	–
TJX	Exit	TJX	$0	–	-8,482	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-6,433	–	-0.09%	–
IBM	Exit	IBM	$0	–	-3,163	–	-0.10%	–
ED	Exit	CON ED	$0	–	-77,383	–	-0.70%	–
EMC	Exit	EMC	$0	–	-217,502	–	-0.91%	–
SO	Exit	SOUTHERN	$0	–	-156,722	–	-1.06%	–
DUK	Exit	DUKE ENERGY	$0	–	-102,434	–	-1.12%	–
HSH	Exit	HILLSHIRE BRANDS	$0	–	-226,530	–	-1.14%	–
BX	Exit	BLACKSTONE	$0	–	-285,555	–	-1.16%	–
INTC	Exit	INTEL	$0	–	-436,508	–	-1.64%	–
CHS	Exit	CHICOS	$0	–	-707,985	–	-1.93%	–
ADI	Exit	ANALOG DEVICES	$0	–	-254,978	–	-1.96%	–
FL	Exit	FOOT LOCKER	$0	–	-421,793	–	-2.34%	–
LLY	Exit	ELI LILLY	$0	–	-285,732	–	-2.35%	–
TOL	Exit	TOLL BROTHERS	$0	–	-443,800	–	-2.35%	–
TWX	Exit	TIME WARNER	$0	–	-230,750	–	-2.48%	–
CAG	Exit	CONAGRA	$0	–	-535,330	–	-2.66%	–
MAS	Exit	MASCO	$0	–	-794,200	–	-2.76%	–
FITB	Exit	FIFTH THIRD BANCORP	$0	–	-967,250	–	-2.86%	–
DHI	Exit	D.R. HORTON	$0	–	-960,250	–	-3.05%	–
TXN	Exit	TEXAS INSTRUMENTS	$0	–	-465,474	–	-3.07%	–
A309PS	Exit	DIRECTV	$0	–	-324,024	–	-3.17%	–
LM	Exit	LEGG MASON	$0	–	-581,425	–	-3.18%	–
KO	Exit	COCA COLA	$0	–	-562,642	–	-3.48%	–
EBAY	Exit	EBAY	$0	–	-388,000	–	-3.54%	–
C	Exit	CITIGROUP	$0	–	-482,418	–	-3.83%	–
NWL	Exit	NEWELL RUBBERMAID	$0	–	-855,000	–	-3.84%	–
BAC	Exit	BANK OF AMERICA	$0	–	-1,784,400	–	-4.03%	–
BMY	Exit	BRISTOL MYERS	$0	–	-557,630	–	-4.22%	–
PFE	Exit	PFIZER	$0	–	-903,888	–	-4.25%	–
VIAB	Exit	VIACOM CL Bcl b	$0	–	-315,631	–	-4.31%	–
XLNX	Exit	XILINX	$0	–	-588,763	–	-4.51%	–
MYL	Exit	MYLAN	$0	–	-787,475	–	-4.92%	–
HD	Exit	HOME DEPOT	$0	–	-397,125	–	-4.93%	–
YHOO	Exit	YAHOO	$0	–	-1,024,450	–	-5.56%	–
ACT	Exit	ACTAVIS	$0	–	-238,630	–	-5.62%	–

Q3 2013

			Value		Shares		↓ Weighting
ACT	Sell	ACTAVIS	$34,363,000	+12.2%	238,630	-1.7%	5.62%	+0.8%
YHOO	Buy	YAHOO	$33,981,000	+32.8%	1,024,450	+0.6%	5.56%	+19.4%
HD	Buy	HOME DEPOT	$30,122,000	-1.4%	397,125	+0.7%	4.93%	-11.3%
MYL	Sell	MYLAN	$30,058,000	+21.9%	787,475	-0.9%	4.92%	+9.6%
XLNX	Buy	XILINX	$27,584,000	+19.4%	588,763	+1.0%	4.51%	+7.4%
VIAB	Buy	VIACOM CL Bcl b	$26,380,000	+23.5%	315,631	+0.6%	4.31%	+11.1%
PFE	Buy	PFIZER	$25,964,000	+4.5%	903,888	+1.9%	4.25%	-6.0%
BMY	Buy	BRISTOL MYERS	$25,807,000	+6.2%	557,630	+2.6%	4.22%	-4.5%
BAC	Buy	BANK OF AMERICA	$24,625,000	+10.2%	1,784,400	+2.7%	4.03%	-0.9%
NWL	Buy	NEWELL RUBBERMAID	$23,513,000	+6.2%	855,000	+1.4%	3.84%	-4.4%
C	Buy	CITIGROUP	$23,402,000	+2.2%	482,418	+1.1%	3.83%	-8.1%
EBAY	Buy	EBAY	$21,648,000	+8.0%	388,000	+0.1%	3.54%	-2.9%
KO	Sell	COCA COLA	$21,313,000	-5.6%	562,642	-0.0%	3.48%	-15.1%
LM	Buy	LEGG MASON	$19,443,000	+8.6%	581,425	+0.7%	3.18%	-2.3%
A309PS	Buy	DIRECTV	$19,370,000	-2.6%	324,024	+0.4%	3.17%	-12.5%
TXN	Buy	TEXAS INSTRUMENTS	$18,754,000	+18.0%	465,474	+2.1%	3.07%	+6.1%
DHI	Buy	D.R. HORTON	$18,658,000	-6.1%	960,250	+2.9%	3.05%	-15.6%
FITB	Buy	FIFTH THIRD BANCORP	$17,459,000	+1.3%	967,250	+1.3%	2.86%	-8.9%
MAS	Buy	MASCO	$16,901,000	+10.9%	794,200	+1.6%	2.76%	-0.2%
CAG	Buy	CONAGRA	$16,242,000	-12.8%	535,330	+0.4%	2.66%	-21.6%
TWX	Buy	TIME WARNER	$15,186,000	+16.0%	230,750	+1.9%	2.48%	+4.3%
TOL	Buy	TOLL BROTHERS	$14,392,000	+2.5%	443,800	+3.1%	2.35%	-7.9%
LLY	Buy	ELI LILLY	$14,381,000	+4.1%	285,732	+1.6%	2.35%	-6.3%
FL	Buy	FOOT LOCKER	$14,316,000	-3.0%	421,793	+0.4%	2.34%	-12.7%
ADI	Buy	ANALOG DEVICES	$11,997,000	+4.5%	254,978	+0.1%	1.96%	-6.0%
CHS	Buy	CHICOS	$11,795,000	-1.6%	707,985	+0.8%	1.93%	-11.5%
INTC	Sell	INTEL	$10,005,000	-14.1%	436,508	-9.2%	1.64%	-22.8%
BX	New	BLACKSTONE	$7,107,000	–	285,555	–	1.16%	–
HSH	Buy	HILLSHIRE BRANDS	$6,964,000	-6.0%	226,530	+1.2%	1.14%	-15.4%
DUK	Buy	DUKE ENERGY	$6,841,000	+592.4%	102,434	+600.0%	1.12%	+521.7%
SO	Buy	SOUTHERN	$6,454,000	+889.9%	156,722	+961.4%	1.06%	+786.6%
EMC	Sell	EMC	$5,559,000	-0.5%	217,502	-8.0%	0.91%	-10.5%
ED	New	CON ED	$4,267,000	–	77,383	–	0.70%	–
IBM	Buy	IBM	$586,000	+36.9%	3,163	+41.1%	0.10%	+23.1%
JNJ	Buy	JOHNSON & JOHNSON	$558,000	+43.4%	6,433	+42.1%	0.09%	+28.2%
TJX	New	TJX	$478,000	–	8,482	–	0.08%	–
PG	Buy	PROCTER & GAMBLE	$348,000	+51.3%	4,600	+54.3%	0.06%	+35.7%
WHR	New	WHIRLPOOL	$351,000	–	2,400	–	0.06%	–
BRKB	Sell	BERKSHIRE HATHAWAY Bcl b new	$347,000	-18.5%	3,054	-19.7%	0.06%	-26.0%
FISV	New	FISERV	$332,000	–	3,282	–	0.05%	–
DIS	New	DISNEY	$290,000	–	4,501	–	0.05%	–
PEP	New	PEPSICO	$265,000	–	3,330	–	0.04%	–
LOW	New	LOWE'S	$248,000	–	5,216	–	0.04%	–
AAPL	Sell	APPLE COMPUTER	$247,000	+7.9%	519	-10.2%	0.04%	-4.8%
PM	Buy	PHILIP MORRIS	$240,000	+14.3%	2,770	+14.5%	0.04%	+2.6%
MCD	Buy	MCDONALDS	$219,000	+6.8%	2,281	+10.4%	0.04%	-2.7%
	Exit	GENERAL MOTORS 8.375 XXXESCROW	$0	–	-15,000	–	0.00%	–
NIO	Exit	NUVEEN MUNI OPPORTUNITY	$0	–	-11,100	–	-0.03%	–
IIM	Exit	INVESCO VALUE MUNI INCOME	$0	–	-20,335	–	-0.05%	–

Q2 2013

			Value		Shares		↓ Weighting
ACT	New	ACTAVIS	$30,638,000	–	242,734	–	5.57%	–
HD	New	HOME DEPOT	$30,552,000	–	394,375	–	5.56%	–
YHOO	New	YAHOO	$25,587,000	–	1,018,200	–	4.65%	–
PFE	New	PFIZER	$24,840,000	–	886,838	–	4.52%	–
MYL	New	MYLAN	$24,654,000	–	794,525	–	4.48%	–
BMY	New	BRISTOL MYERS	$24,295,000	–	543,630	–	4.42%	–
XLNX	New	XILINX	$23,093,000	–	583,013	–	4.20%	–
C	New	CITIGROUP	$22,895,000	–	477,268	–	4.16%	–
KO	New	COCA COLA	$22,576,000	–	562,842	–	4.11%	–
BAC	New	BANK OF AMERICA	$22,350,000	–	1,737,950	–	4.06%	–
NWL	New	NEWELL RUBBERMAID	$22,130,000	–	843,050	–	4.02%	–
VIAB	New	VIACOM CL Bcl b	$21,353,000	–	313,881	–	3.88%	–
EBAY	New	EBAY	$20,044,000	–	387,550	–	3.64%	–
A309PS	New	DIRECTV	$19,895,000	–	322,754	–	3.62%	–
DHI	New	D.R. HORTON	$19,865,000	–	933,500	–	3.61%	–
CAG	New	CONAGRA	$18,633,000	–	533,430	–	3.39%	–
LM	New	LEGG MASON	$17,900,000	–	577,225	–	3.26%	–
FITB	New	FIFTH THIRD BANCORP	$17,231,000	–	954,650	–	3.13%	–
TXN	New	TEXAS INSTRUMENTS	$15,889,000	–	455,924	–	2.89%	–
MAS	New	MASCO	$15,233,000	–	781,600	–	2.77%	–
FL	New	FOOT LOCKER	$14,754,000	–	419,993	–	2.68%	–
TOL	New	TOLL BROTHERS	$14,042,000	–	430,350	–	2.55%	–
LLY	New	ELI LILLY	$13,808,000	–	281,105	–	2.51%	–
TWX	New	TIME WARNER	$13,093,000	–	226,450	–	2.38%	–
CHS	New	CHICOS	$11,985,000	–	702,535	–	2.18%	–
INTC	New	INTEL	$11,650,000	–	480,790	–	2.12%	–
ADI	New	ANALOG DEVICES	$11,478,000	–	254,728	–	2.09%	–
HSH	New	HILLSHIRE BRANDS	$7,408,000	–	223,930	–	1.35%	–
EMC	New	EMC	$5,586,000	–	236,502	–	1.02%	–
DUK	New	DUKE ENERGY	$988,000	–	14,634	–	0.18%	–
SO	New	SOUTHERN	$652,000	–	14,765	–	0.12%	–
IBM	New	IBM	$428,000	–	2,242	–	0.08%	–
MKC	New	MCCORMICK	$422,000	–	6,002	–	0.08%	–
BRKB	New	BERKSHIRE HATHAWAY Bcl b new	$426,000	–	3,804	–	0.08%	–
JNJ	New	JOHNSON & JOHNSON	$389,000	–	4,528	–	0.07%	–
NVG	New	NUVEEN INSURED ADVANTAGE MUNI	$383,000	–	28,700	–	0.07%	–
BRKA	New	BERKSHIRE HATHAWAY Acl a	$337,000	–	2	–	0.06%	–
WEC	New	WISCONSIN ENERGY	$309,000	–	7,531	–	0.06%	–
IIM	New	INVESCO VALUE MUNI INCOME	$290,000	–	20,335	–	0.05%	–
NLY	New	ANNALY CAPITAL	$277,000	–	22,000	–	0.05%	–
D	New	DOMINION	$251,000	–	4,411	–	0.05%	–
GOOGL	New	GOOGLEcl a	$247,000	–	281	–	0.04%	–
AAPL	New	APPLE COMPUTER	$229,000	–	578	–	0.04%	–
PG	New	PROCTER & GAMBLE	$230,000	–	2,982	–	0.04%	–
PM	New	PHILIP MORRIS	$210,000	–	2,420	–	0.04%	–
MCD	New	MCDONALDS	$205,000	–	2,066	–	0.04%	–
NIO	New	NUVEEN MUNI OPPORTUNITY	$155,000	–	11,100	–	0.03%	–
	New	GENERAL MOTORS 8.375 XXXESCROW	$0	–	15,000	–	0.00%	–

Compare quarters

Export SADOFF INVESTMENT MANAGEMENT LLC's holdings