VALICENTI ADVISORY SERVICES INC Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
SCHX	Sell	SCHWAB US LARGE-CAP	$21,363	-5.3%	422,185	-1.9%	7.29%	+2.0%
AAPL	Buy	APPLE INC	$21,360	-9.0%	124,760	+3.1%	7.29%	-2.0%
AMZN	Buy	AMAZON COM INC	$18,610	-2.2%	146,401	+0.3%	6.35%	+5.3%
MSFT	Buy	MICROSOFT CORP	$16,232	-5.3%	51,407	+2.1%	5.54%	+1.9%
GOOGL	Buy	ALPHABET INC CLASS A	$12,406	+11.8%	94,805	+2.3%	4.24%	+20.4%
JPM	Buy	J.P. MORGAN CHASE & CO	$11,586	+2.6%	79,891	+2.9%	3.96%	+10.4%
ISRG	Sell	INTUITIVE SURGICAL	$9,788	-15.2%	33,489	-0.7%	3.34%	-8.6%
CVX	Buy	CHEVRON CORP	$9,551	+16.7%	56,644	+8.9%	3.26%	+25.8%
SCHB	Sell	SCHWAB US BROAD MARKET ETF	$9,353	-19.2%	187,631	-16.2%	3.19%	-13.0%
WMT	Buy	WAL-MART STORES INC	$8,783	+2.5%	54,918	+0.7%	3.00%	+10.4%
VZ	Buy	VERIZON COMMUNICATIONS	$7,264	-7.1%	224,126	+6.6%	2.48%	+0.0%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$6,432	-12.6%	52,597	-9.3%	2.20%	-5.9%
RTX	Buy	RAYTHEON TECHNOLOGIES CO	$6,380	-24.5%	88,647	+2.7%	2.18%	-18.7%
VMW	Sell	VMWARE INC	$6,363	+14.8%	38,220	-0.9%	2.17%	+23.6%
PPH	Buy	VANECK PHARMACEUTICAL ETF	$6,350	+5.8%	79,514	+4.4%	2.17%	+13.9%
NEM	Sell	NEWMONT MINING CORP	$6,271	-15.5%	169,709	-2.4%	2.14%	-9.0%
MGK	Sell	VANGUARD MEGA CAP GROWTH INDEX	$5,995	-4.2%	26,423	-0.7%	2.05%	+3.2%
V	Buy	VISA INC CL A	$5,873	-0.4%	25,533	+2.9%	2.00%	+7.3%
AMD	Buy	ADVANCED MICRO DEVICES	$5,561	-3.6%	54,082	+6.8%	1.90%	+3.8%
BTI	Buy	BRITISH AMERICAN TOBACCO PLC	$5,278	+2.9%	168,051	+8.8%	1.80%	+10.9%
MDT	Sell	MEDTRONIC	$5,234	-14.3%	66,798	-3.6%	1.79%	-7.7%
ZTS	Buy	ZOETIS INC	$5,029	+5.0%	28,906	+3.9%	1.72%	+13.0%
PEP	Buy	PEPSICO INC	$4,659	-5.2%	27,495	+3.6%	1.59%	+2.1%
GRMN	Sell	GARMIN LTD	$4,574	-2.7%	43,480	-3.5%	1.56%	+4.8%
NOC	Buy	NORTHROP GRUMMAN CORP	$4,507	+1.5%	10,240	+5.1%	1.54%	+9.4%
LOW	Buy	LOWES COMPANIES INC	$4,269	-7.3%	20,540	+0.7%	1.46%	-0.2%
GLW	Buy	CORNING INC	$4,076	-8.2%	133,783	+5.6%	1.39%	-1.2%
TDY	Sell	TELEDYNE TECHNOLOGIES INC	$3,580	-1.8%	8,763	-1.1%	1.22%	+5.8%
UNP	Buy	UNION PACIFIC CORP	$3,452	+0.8%	16,950	+1.3%	1.18%	+8.6%
XLE	Buy	SECTOR SPDR ENERGY SELECT SHAR	$3,221	+11.8%	35,635	+0.5%	1.10%	+20.5%
KEY	Buy	KEYCORP INC	$3,126	+26.4%	290,503	+8.5%	1.07%	+36.1%
ASTE	Sell	ASTEC INDUSTRIES INC	$2,827	+1.5%	60,013	-2.0%	0.96%	+9.3%
TMO	New	THERMO FISHER SCIENTIFIC, INC.	$2,679	–	5,292	–	0.92%	–
NEE	Buy	NEXTERA ENERGY INC	$2,644	-10.3%	46,150	+16.2%	0.90%	-3.3%
SCHF	Buy	SCHWAB INTERNATIONAL EQUITY	$2,591	-1.8%	76,288	+3.1%	0.88%	+5.9%
PYPL	Sell	PAYPAL HOLDINGS INC	$2,298	-22.9%	39,303	-12.0%	0.78%	-17.0%
SPLV	Buy	INVESCO S&P 500 LOW VOLATILITY	$2,190	+520.4%	37,258	+562.5%	0.75%	+567.9%
HES	Buy	HESS CORP	$1,766	+19.3%	11,540	+6.0%	0.60%	+28.6%
ABB	Sell	ABB LTD	$1,741	-19.5%	48,905	-11.3%	0.59%	-13.4%
IBM	Buy	INTL BUSINESS MACHINES	$1,734	+5.1%	12,361	+0.2%	0.59%	+13.2%
KO	Sell	COCA-COLA CO	$1,688	-7.3%	30,156	-0.3%	0.58%	-0.2%
	New	KENVUE INC	$1,574	–	78,393	–	0.54%	–
	Buy	GE HEALTHCARE TECHNOLOGIES INC	$1,558	-3.5%	22,899	+15.2%	0.53%	+3.9%
SPSM	Buy	SPDR S&P 600 SMALL CAP ETF	$1,312	-4.3%	35,562	+0.7%	0.45%	+3.0%
GS	Sell	GOLDMAN SACHS GROUP INC	$1,298	-0.2%	4,010	-0.5%	0.44%	+7.5%
JPIN	Buy	JPMORGAN DIVERSIFIED RETURN IN	$1,235	+0.2%	24,422	+2.9%	0.42%	+7.9%
MO	Sell	ALTRIA GROUP INC	$1,188	-8.5%	28,251	-1.4%	0.41%	-1.5%
SPY	Buy	SPDR S&P 500 ETF	$1,096	-3.4%	2,563	+0.2%	0.37%	+4.2%
NKE	Sell	NIKE INC	$1,065	-29.5%	11,137	-18.6%	0.36%	-24.0%
	Buy	SPDR GOLD MINISHARES	$1,051	+4.3%	28,672	+8.4%	0.36%	+12.2%
XOM	Sell	EXXON MOBIL CORP	$1,045	+7.3%	8,885	-2.2%	0.36%	+15.5%
PPRUY	Buy	KERING SA	$977	-10.7%	21,515	+8.9%	0.33%	-3.7%
CTRE	New	CARETRUST REIT INC	$884	–	43,110	–	0.30%	–
CORP	Sell	PIMCO INVESTMENT GRADE CORP BO	$848	-4.6%	9,307	-0.7%	0.29%	+2.5%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$842	-5.5%	9,099	-0.3%	0.29%	+1.8%
DG	Sell	DOLLAR GENERAL CORP	$817	-77.2%	7,720	-63.4%	0.28%	-75.4%
DIS	Sell	WALT DISNEY CO	$643	-10.4%	7,929	-1.4%	0.22%	-3.5%
KBWB	Sell	INVESCO KBW BANK ETF	$604	-2.9%	15,074	-0.5%	0.21%	+4.6%
IAU	Sell	ISHARES TR COMEX GOLD	$590	-4.5%	16,875	-0.6%	0.20%	+2.6%
PLNT	New	PLANET FITNESS INC	$490	–	9,960	–	0.17%	–
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$484	-6.9%	6,980	-2.1%	0.16%	0.0%
SCHG	Buy	SCHWAB U.S. LARGE-CAP GROWTH E	$348	-1.7%	4,792	+1.4%	0.12%	+6.2%
CSCO	Buy	CISCO SYSTEMS INC	$348	+4.8%	6,478	+1.0%	0.12%	+13.3%
HYS	Sell	PIMCO ETF TRUST	$318	-3.0%	3,522	-2.2%	0.11%	+4.8%
QQQ	Sell	INVESCO QQQ TRUST	$318	-3.9%	887	-1.1%	0.11%	+3.8%
SCHD	Buy	SCHWAB US DIVIDEND EQUITY ETF	$287	+2.1%	4,050	+4.5%	0.10%	+10.1%
ROK	New	ROCKWELL INTL CORP	$224	–	785	–	0.08%	–
RYH	Buy	INVESCO S&P 500 EQ WEIGHT HC	$215	-11.2%	7,833	+865.8%	0.07%	-5.2%
MRK	Sell	MERCK & CO INC	$205	-13.1%	1,995	-2.4%	0.07%	-6.7%
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-20,176	–	-0.30%	–
VGIT	Exit	VANGUARD ITM-TERM TREASURY ETF	$0	–	-17,791	–	-0.33%	–
EDV	Exit	VANGUARD EXTEDED DURATION TRS	$0	–	-15,125	–	-0.42%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-12,654	–	-0.47%	–
SCHI	Exit	SCHWAB 5-10 YEAR CORPORATE BON	$0	–	-59,135	–	-0.83%	–
BND	Exit	VANGUARD TOTAL BOND MARKET IND	$0	–	-53,047	–	-1.22%	–
QLTA	Exit	ISHARES AAA - A RATED CORPORAT	$0	–	-83,086	–	-1.24%	–

Q2 2023

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$23,464	–	120,965	–	7.44%	–
SCHX	New	SCHWAB US LARGE-CAP	$22,549	–	430,577	–	7.15%	–
AMZN	New	AMAZON COM INC	$19,037	–	146,031	–	6.04%	–
MSFT	New	MICROSOFT CORP	$17,148	–	50,356	–	5.44%	–
SCHB	New	SCHWAB US BROAD MARKET ETF	$11,578	–	223,952	–	3.67%	–
ISRG	New	INTUITIVE SURGICAL	$11,536	–	33,736	–	3.66%	–
JPM	New	J.P. MORGAN CHASE & CO	$11,296	–	77,671	–	3.58%	–
GOOGL	New	ALPHABET INC CLASS A	$11,094	–	92,685	–	3.52%	–
WMT	New	WAL-MART STORES INC	$8,568	–	54,512	–	2.72%	–
RTX	New	RAYTHEON TECHNOLOGIES CO	$8,452	–	86,282	–	2.68%	–
CVX	New	CHEVRON CORP	$8,181	–	51,992	–	2.59%	–
VZ	New	VERIZON COMMUNICATIONS	$7,820	–	210,264	–	2.48%	–
NEM	New	NEWMONT MINING CORP	$7,418	–	173,881	–	2.35%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$7,363	–	57,997	–	2.33%	–
MGK	New	VANGUARD MEGA CAP GROWTH INDEX	$6,259	–	26,598	–	1.98%	–
MDT	New	MEDTRONIC	$6,106	–	69,304	–	1.94%	–
PPH	New	VANECK PHARMACEUTICAL ETF	$6,002	–	76,195	–	1.90%	–
V	New	VISA INC CL A	$5,895	–	24,825	–	1.87%	–
AMD	New	ADVANCED MICRO DEVICES	$5,769	–	50,649	–	1.83%	–
VMW	New	VMWARE INC	$5,542	–	38,571	–	1.76%	–
BTI	New	BRITISH AMERICAN TOBACCO PLC	$5,127	–	154,436	–	1.62%	–
PEP	New	PEPSICO INC	$4,914	–	26,531	–	1.56%	–
ZTS	New	ZOETIS INC	$4,791	–	27,821	–	1.52%	–
GRMN	New	GARMIN LTD	$4,701	–	45,074	–	1.49%	–
LOW	New	LOWES COMPANIES INC	$4,604	–	20,400	–	1.46%	–
GLW	New	CORNING INC	$4,441	–	126,728	–	1.41%	–
NOC	New	NORTHROP GRUMMAN CORP	$4,439	–	9,739	–	1.41%	–
QLTA	New	ISHARES AAA - A RATED CORPORAT	$3,920	–	83,086	–	1.24%	–
BND	New	VANGUARD TOTAL BOND MARKET IND	$3,856	–	53,047	–	1.22%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$3,644	–	8,863	–	1.16%	–
DG	New	DOLLAR GENERAL CORP	$3,583	–	21,105	–	1.14%	–
UNP	New	UNION PACIFIC CORP	$3,423	–	16,730	–	1.08%	–
PYPL	New	PAYPAL HOLDINGS INC	$2,981	–	44,668	–	0.94%	–
NEE	New	NEXTERA ENERGY INC	$2,946	–	39,710	–	0.93%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$2,880	–	35,475	–	0.91%	–
ASTE	New	ASTEC INDUSTRIES INC	$2,784	–	61,258	–	0.88%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$2,638	–	73,997	–	0.84%	–
SCHI	New	SCHWAB 5-10 YEAR CORPORATE BON	$2,605	–	59,135	–	0.83%	–
KEY	New	KEYCORP INC	$2,474	–	267,743	–	0.78%	–
ABB	New	ABB LTD	$2,164	–	55,124	–	0.69%	–
KO	New	COCA-COLA CO	$1,821	–	30,244	–	0.58%	–
IBM	New	INTL BUSINESS MACHINES	$1,650	–	12,331	–	0.52%	–
	New	GE HEALTHCARE TECHNOLOGIES	$1,615	–	19,879	–	0.51%	–
NKE	New	NIKE INC	$1,510	–	13,680	–	0.48%	–
HES	New	HESS CORP	$1,480	–	10,890	–	0.47%	–
DFS	New	DISCOVER FINANCIAL SVCS	$1,479	–	12,654	–	0.47%	–
SPSM	New	SPDR S&P 600 SMALL CAP ETF	$1,371	–	35,299	–	0.44%	–
EDV	New	VANGUARD EXTEDED DURATION TRS	$1,317	–	15,125	–	0.42%	–
MO	New	ALTRIA GROUP INC	$1,299	–	28,666	–	0.41%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,300	–	4,030	–	0.41%	–
JPIN	New	JPMORGAN DIVERSIFIED RETURN IN	$1,233	–	23,739	–	0.39%	–
SPY	New	SPDR S&P 500 ETF	$1,134	–	2,559	–	0.36%	–
PPRUY	New	KERING SA	$1,094	–	19,765	–	0.35%	–
VGIT	New	VANGUARD ITM-TERM TREASURY ETF	$1,044	–	17,791	–	0.33%	–
	New	SPDR GOLD MINISHARES	$1,008	–	26,459	–	0.32%	–
XOM	New	EXXON MOBIL CORP	$974	–	9,085	–	0.31%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$931	–	20,176	–	0.30%	–
PM	New	PHILIP MORRIS INTERNATIONAL	$891	–	9,124	–	0.28%	–
CORP	New	PIMCO INVESTMENT GRADE CORP BO	$889	–	9,372	–	0.28%	–
AMAT	New	APPLIED MATERIALS INC	$723	–	5,000	–	0.23%	–
DIS	New	WALT DISNEY CO	$718	–	8,039	–	0.23%	–
KBWB	New	INVESCO KBW BANK ETF	$622	–	15,149	–	0.20%	–
IAU	New	ISHARES TR COMEX GOLD	$618	–	16,975	–	0.20%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$520	–	7,130	–	0.16%	–
GOOG	New	ALPHABET INC CLASS C	$491	–	4,060	–	0.16%	–
PZT	New	INVESCO INSURED NY MUNI BOND P	$378	–	16,610	–	0.12%	–
TGT	New	TARGET CORP	$356	–	2,700	–	0.11%	–
NYF	New	ISHARES NEW YORK MUNI BOND ETF	$356	–	6,675	–	0.11%	–
SPLV	New	INVESCO S&P 500 LOW VOLATILIY	$353	–	5,624	–	0.11%	–
SCHG	New	SCHWAB U.S. LARGE-CAP GROWTH E	$354	–	4,728	–	0.11%	–
QQQ	New	INVESCO QQQ TRUST	$331	–	897	–	0.10%	–
CSCO	New	CISCO SYSTEMS INC	$332	–	6,414	–	0.10%	–
HYS	New	PIMCO ETF TRUST	$328	–	3,602	–	0.10%	–
SCHD	New	SCHWAB US DIVIDEND EQUITY ETF	$281	–	3,875	–	0.09%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$242	–	811	–	0.08%	–
MRK	New	MERCK & CO INC	$236	–	2,045	–	0.08%	–
FNB	New	F.N.B. CORP	$172	–	15,000	–	0.06%	–

Q4 2022

			Value		Shares		↓ Weighting
FNB	Exit	F.N.B. CORP	$0	–	-15,000	–	-0.06%	–
QQQ	Exit	INVESCO QQQ TRUST	$0	–	-780	–	-0.08%	–
RYH	Exit	INVESCO S&P 500 EQ WEIGHT HC	$0	–	-833	–	-0.08%	–
MRK	Exit	MERCK & CO INC	$0	–	-2,456	–	-0.08%	–
SCHD	Exit	SCHWAB US DIVIDEND EQUITY ETF	$0	–	-3,388	–	-0.08%	–
SCHP	Exit	SCHWAB US TIPS ETF	$0	–	-4,370	–	-0.08%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,212	–	-0.09%	–
ICSH	Exit	ISHARES ULTRA SHORT-TERM BOND	$0	–	-5,854	–	-0.11%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-3,260	–	-0.11%	–
VRSN	Exit	VERISIGN INC	$0	–	-1,825	–	-0.12%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-8,488	–	-0.12%	–
PZT	Exit	INVESCO INSURED NY MUNI BOND P	$0	–	-17,935	–	-0.14%	–
SCHG	Exit	SCHWAB U.S. LARGE-CAP GROWTH E	$0	–	-6,912	–	-0.14%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.15%	–
TGT	Exit	TARGET CORP	$0	–	-2,800	–	-0.15%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-8,360	–	-0.17%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-5,864	–	-0.19%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-18,075	–	-0.21%	–
KBWB	Exit	INVESCO KBW BANK ETF	$0	–	-15,924	–	-0.29%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-9,641	–	-0.29%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-9,551	–	-0.30%	–
CORP	Exit	PIMCO INVESTMENT GRADE CORP BO	$0	–	-10,691	–	-0.36%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-2,959	–	-0.39%	–
JPIN	Exit	JPMORGAN DIVERSIFIED RETURN IN	$0	–	-25,041	–	-0.39%	–
NULG	Exit	NUVEEN ESG LARGE-CAP GROWTH ET	$0	–	-23,415	–	-0.39%	–
SPSM	Exit	SPDR S&P 600 SMALL CAP ETF	$0	–	-32,181	–	-0.40%	–
ABB	Exit	ABB LTD	$0	–	-45,250	–	-0.42%	–
MAXR	Exit	MAXAR TECHNOLOGIES INC	$0	–	-64,610	–	-0.44%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-30,056	–	-0.44%	–
SJNK	Exit	SPDR BLMB BARCL SHORT TERM HIG	$0	–	-53,460	–	-0.46%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-4,362	–	-0.47%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-29,496	–	-0.49%	–
BSCQ	Exit	INVESCO BULLETSHARES 2026 CORP	$0	–	-90,075	–	-0.61%	–
KO	Exit	COCA-COLA CO	$0	–	-30,979	–	-0.63%	–
IXJ	Exit	ISHARES GLOBAL HEALTHCARE ETF	$0	–	-23,865	–	-0.66%	–
PK	Exit	PARK HOTELS & RESORTS INC	$0	–	-167,669	–	-0.69%	–
JEPI	Exit	JPMORGAN EQUITY PREMIUM INCOME	$0	–	-40,495	–	-0.76%	–
ASTE	Exit	ASTEC INDUSTRIES INC	$0	–	-71,963	–	-0.82%	–
DELL	Exit	DELL INC	$0	–	-66,975	–	-0.84%	–
DIS	Exit	WALT DISNEY CO	$0	–	-24,564	–	-0.85%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-33,535	–	-0.88%	–
SPLV	Exit	INVESCO S&P 500 LOW VOLATILIY	$0	–	-42,482	–	-0.90%	–
INTC	Exit	INTEL CORP	$0	–	-101,072	–	-0.95%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-36,700	–	-1.00%	–
NKE	Exit	NIKE INC	$0	–	-39,670	–	-1.20%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-16,962	–	-1.21%	–
KEY	Exit	KEYCORP INC	$0	–	-217,248	–	-1.27%	–
ZTS	Exit	ZOETIS INC	$0	–	-23,989	–	-1.30%	–
BND	Exit	VANGUARD TOTAL BOND MARKET IND	$0	–	-50,504	–	-1.32%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-8,043	–	-1.38%	–
GLW	Exit	CORNING INC	$0	–	-131,537	–	-1.40%	–
TDY	Exit	TELEDYNE TECHNOLOGIES INC	$0	–	-11,664	–	-1.44%	–
GRMN	Exit	GARMIN LTD	$0	–	-51,874	–	-1.52%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-22,675	–	-1.56%	–
PYPL	Exit	PAYPAL HOLDINGS INC	$0	–	-51,730	–	-1.63%	–
PEP	Exit	PEPSICO INC	$0	–	-28,453	–	-1.70%	–
VMW	Exit	VMWARE INC	$0	–	-44,331	–	-1.72%	–
QLTA	Exit	ISHARES AAA - A RATED CORPORAT	$0	–	-104,473	–	-1.73%	–
SCHB	Exit	SCHWAB US BROAD MARKET ETF	$0	–	-113,041	–	-1.74%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-40,417	–	-1.76%	–
BTI	Exit	BRITISH AMERICAN TOBACCO PLC	$0	–	-138,467	–	-1.80%	–
V	Exit	VISA INC CL A	$0	–	-31,234	–	-2.03%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-64,325	–	-2.14%	–
MDT	Exit	MEDTRONIC	$0	–	-75,274	–	-2.22%	–
AMD	Exit	ADVANCED MICRO DEVICES	$0	–	-98,192	–	-2.27%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-35,090	–	-2.40%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CO	$0	–	-80,599	–	-2.41%	–
CVX	Exit	CHEVRON CORP	$0	–	-46,420	–	-2.44%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-53,409	–	-2.53%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-62,936	–	-2.69%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-177,030	–	-2.72%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-197,934	–	-2.75%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-72,756	–	-2.78%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-88,615	–	-3.10%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-50,292	–	-4.28%	–
AMZN	Exit	AMAZON COM INC	$0	–	-151,621	–	-6.26%	–
AAPL	Exit	APPLE INC	$0	–	-127,790	–	-6.46%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-489,401	–	-7.58%	–

Q3 2022

			Value		Shares		↓ Weighting
SCHX	Sell	SCHWAB US LARGE-CAP	$20,726,000	-7.3%	489,401	-2.2%	7.58%	+3.8%
AAPL	Sell	APPLE INC	$17,661,000	-4.6%	127,790	-5.6%	6.46%	+6.8%
AMZN	Sell	AMAZON COM INC	$17,133,000	+6.1%	151,621	-0.3%	6.26%	+18.8%
MSFT	Buy	MICROSOFT CORP	$11,713,000	-8.9%	50,292	+0.5%	4.28%	+2.1%
GOOGL	Buy	ALPHABET INC CLASS A	$8,476,000	-12.4%	88,615	+1895.4%	3.10%	-1.9%
JPM	Sell	J.P. MORGAN CHASE & CO	$7,603,000	-7.6%	72,756	-0.4%	2.78%	+3.5%
VZ	Buy	VERIZON COMMUNICATIONS	$7,516,000	-22.5%	197,934	+3.6%	2.75%	-13.2%
NEM	Buy	NEWMONT MINING CORP	$7,441,000	+14.7%	177,030	+62.8%	2.72%	+28.4%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$7,361,000	-3.0%	62,936	-2.5%	2.69%	+8.6%
WMT	Buy	WAL-MART STORES INC	$6,927,000	+12.0%	53,409	+5.0%	2.53%	+25.5%
CVX	Sell	CHEVRON CORP	$6,669,000	-1.5%	46,420	-0.7%	2.44%	+10.3%
RTX	Sell	RAYTHEON TECHNOLOGIES CO	$6,598,000	-15.7%	80,599	-1.1%	2.41%	-5.6%
ISRG	Sell	INTUITIVE SURGICAL	$6,577,000	-6.6%	35,090	-0.0%	2.40%	+4.6%
AMD	Sell	ADVANCED MICRO DEVICES	$6,221,000	-17.7%	98,192	-0.7%	2.27%	-7.9%
MDT	Buy	MEDTRONIC	$6,078,000	-9.9%	75,274	+0.1%	2.22%	+0.9%
DFS	Sell	DISCOVER FINANCIAL SVCS	$5,848,000	-6.2%	64,325	-2.4%	2.14%	+5.0%
V	Sell	VISA INC CL A	$5,549,000	-32.9%	31,234	-25.6%	2.03%	-24.8%
BTI	Sell	BRITISH AMERICAN TOBACCO PLC	$4,916,000	-17.6%	138,467	-0.4%	1.80%	-7.7%
IBM	Sell	INTL BUSINESS MACHINES	$4,802,000	-17.3%	40,417	-1.8%	1.76%	-7.4%
SCHB	Sell	SCHWAB US BROAD MARKET ETF	$4,747,000	-6.4%	113,041	-1.5%	1.74%	+4.8%
QLTA	Sell	ISHARES AAA - A RATED CORPORAT	$4,740,000	-6.6%	104,473	-0.6%	1.73%	+4.6%
VMW	Sell	VMWARE INC	$4,719,000	-7.3%	44,331	-0.7%	1.72%	+3.9%
PEP	Sell	PEPSICO INC	$4,645,000	-2.9%	28,453	-0.9%	1.70%	+8.8%
PYPL	Buy	PAYPAL HOLDINGS INC	$4,452,000	+34.5%	51,730	+9.1%	1.63%	+50.6%
LOW	Sell	LOWES COMPANIES INC	$4,259,000	-39.9%	22,675	-44.1%	1.56%	-32.6%
GRMN	Buy	GARMIN LTD	$4,166,000	-8.8%	51,874	+11.5%	1.52%	+2.1%
TDY	Buy	TELEDYNE TECHNOLOGIES INC	$3,936,000	-8.1%	11,664	+2.2%	1.44%	+2.9%
GLW	Sell	CORNING INC	$3,817,000	-8.6%	131,537	-0.7%	1.40%	+2.4%
NOC	Sell	NORTHROP GRUMMAN CORP	$3,783,000	-9.8%	8,043	-8.2%	1.38%	+1.0%
BND	Buy	VANGUARD TOTAL BOND MARKET IND	$3,602,000	+3.6%	50,504	+9.3%	1.32%	+16.0%
ZTS	Buy	ZOETIS INC	$3,557,000	-12.6%	23,989	+1.3%	1.30%	-2.1%
KEY	Buy	KEYCORP INC	$3,480,000	-6.6%	217,248	+0.4%	1.27%	+4.6%
UNP	Sell	UNION PACIFIC CORP	$3,305,000	-9.2%	16,962	-0.6%	1.21%	+1.7%
NKE	Buy	NIKE INC	$3,297,000	-8.7%	39,670	+12.2%	1.20%	+2.2%
ATVI	Sell	ACTIVISION BLIZZARD INC	$2,728,000	-7.4%	36,700	-3.0%	1.00%	+3.6%
INTC	Buy	INTEL CORP	$2,605,000	+8.0%	101,072	+56.7%	0.95%	+21.0%
SPLV	Buy	INVESCO S&P 500 LOW VOLATILIY	$2,457,000	-6.4%	42,482	+0.3%	0.90%	+4.8%
XLE	Sell	SECTOR SPDR ENERGY SELECT SHAR	$2,415,000	-5.1%	33,535	-5.8%	0.88%	+6.3%
DIS	Sell	WALT DISNEY CO	$2,317,000	-21.2%	24,564	-21.2%	0.85%	-11.8%
DELL	Sell	DELL INC	$2,289,000	-27.9%	66,975	-2.4%	0.84%	-19.1%
ASTE	Sell	ASTEC INDUSTRIES INC	$2,245,000	-25.6%	71,963	-2.8%	0.82%	-16.6%
JEPI	New	JPMORGAN EQUITY PREMIUM INCOME	$2,075,000	–	40,495	–	0.76%	–
PK	Sell	PARK HOTELS & RESORTS INC	$1,888,000	-18.0%	167,669	-1.2%	0.69%	-8.1%
IXJ	Buy	ISHARES GLOBAL HEALTHCARE ETF	$1,798,000	-2.9%	23,865	+4.5%	0.66%	+8.8%
KO	Sell	COCA-COLA CO	$1,735,000	-13.0%	30,979	-2.3%	0.63%	-2.6%
BSCQ	Buy	INVESCO BULLETSHARES 2026 CORP	$1,679,000	+9.6%	90,075	+13.3%	0.61%	+22.8%
SCHZ	Sell	SCHWAB US AGGREGATE BOND	$1,336,000	-29.0%	29,496	-25.0%	0.49%	-20.5%
GS	Sell	GOLDMAN SACHS GROUP INC	$1,278,000	-3.1%	4,362	-1.8%	0.47%	+8.6%
SJNK	Sell	SPDR BLMB BARCL SHORT TERM HIG	$1,271,000	-9.1%	53,460	-7.9%	0.46%	+1.8%
MO	Sell	ALTRIA GROUP INC	$1,214,000	-4.9%	30,056	-1.6%	0.44%	+6.7%
MAXR	New	MAXAR TECHNOLOGIES INC	$1,209,000	–	64,610	–	0.44%	–
ABB	Sell	ABB LTD	$1,161,000	-4.6%	45,250	-0.6%	0.42%	+6.8%
SPSM	Sell	SPDR S&P 600 SMALL CAP ETF	$1,096,000	-8.0%	32,181	-2.8%	0.40%	+3.1%
NULG	Sell	NUVEEN ESG LARGE-CAP GROWTH ET	$1,079,000	-70.8%	23,415	-69.5%	0.39%	-67.4%
JPIN	Buy	JPMORGAN DIVERSIFIED RETURN IN	$1,072,000	-4.5%	25,041	+8.9%	0.39%	+7.1%
SPY	Sell	SPDR S&P 500 ETF	$1,057,000	-10.3%	2,959	-5.2%	0.39%	+0.5%
CORP	Sell	PIMCO INVESTMENT GRADE CORP BO	$975,000	-11.3%	10,691	-6.3%	0.36%	-0.8%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$800,000	-17.1%	9,641	-1.4%	0.29%	-7.3%
KBWB	Sell	INVESCO KBW BANK ETF	$782,000	-14.1%	15,924	-9.4%	0.29%	-3.7%
IAU	Sell	ISHARES TR COMEX GOLD	$570,000	-13.5%	18,075	-5.9%	0.21%	-3.3%
HYS	Sell	PIMCO ETF TRUST	$512,000	-5.9%	5,864	-4.6%	0.19%	+5.1%
SCHG	Sell	SCHWAB U.S. LARGE-CAP GROWTH E	$386,000	-29.7%	6,912	-27.0%	0.14%	-21.2%
PZT	Buy	INVESCO INSURED NY MUNI BOND P	$383,000	+0.5%	17,935	+6.1%	0.14%	+12.9%
SCHA	Sell	SCHWAB US SMALL-CAP	$321,000	-9.8%	8,488	-7.1%	0.12%	+0.9%
VRSN	Sell	VERISIGN INC	$317,000	-2.5%	1,825	-6.2%	0.12%	+9.4%
GOOG	Buy	ALPHABET INC CLASS C	$313,000	-12.3%	3,260	+1900.0%	0.11%	-1.7%
ICSH	Sell	ISHARES ULTRA SHORT-TERM BOND	$293,000	-79.4%	5,854	-79.4%	0.11%	-76.9%
CSCO	Buy	CISCO SYSTEMS INC	$248,000	-5.7%	6,212	+0.7%	0.09%	+5.8%
SCHP	Sell	SCHWAB US TIPS ETF	$226,000	-20.7%	4,370	-14.4%	0.08%	-10.8%
RYH	Sell	INVESCO S&P 500 EQ WEIGHT HC	$209,000	-6.7%	833	-0.5%	0.08%	+4.1%
AGG	Exit	ISHARES CORE US AGGREGATE BOND	$0	–	-2,214	–	-0.07%	–
XLF	Exit	FINANCIAL SPDR	$0	–	-7,256	–	-0.07%	–
	Exit	MAXAR TECHNOLOGIES INC	$0	–	-65,600	–	-0.56%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-74,359	–	-0.76%	–
CTRE	Exit	CARETRUST REIT INC	$0	–	-151,861	–	-0.91%	–

Q2 2022

			Value		Shares		↓ Weighting
SCHX	New	SCHWAB US LARGE-CAP	$22,357,000	–	500,613	–	7.30%	–
AAPL	New	APPLE INC	$18,515,000	–	135,422	–	6.04%	–
AMZN	New	AMAZON COM INC	$16,149,000	–	152,050	–	5.27%	–
MSFT	New	MICROSOFT CORP	$12,851,000	–	50,039	–	4.19%	–
VZ	New	VERIZON COMMUNICATIONS	$9,700,000	–	191,129	–	3.16%	–
GOOGL	New	ALPHABET INC CLASS A	$9,678,000	–	4,441	–	3.16%	–
V	New	VISA INC CL A	$8,265,000	–	41,980	–	2.70%	–
JPM	New	J.P. MORGAN CHASE & CO	$8,226,000	–	73,050	–	2.68%	–
RTX	New	RAYTHEON TECHNOLOGIES CO	$7,830,000	–	81,464	–	2.56%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$7,592,000	–	64,541	–	2.48%	–
AMD	New	ADVANCED MICRO DEVICES	$7,562,000	–	98,892	–	2.47%	–
LOW	New	LOWES COMPANIES INC	$7,081,000	–	40,542	–	2.31%	–
ISRG	New	INTUITIVE SURGICAL	$7,044,000	–	35,093	–	2.30%	–
CVX	New	CHEVRON CORP	$6,771,000	–	46,764	–	2.21%	–
MDT	New	MEDTRONIC	$6,749,000	–	75,202	–	2.20%	–
NEM	New	NEWMONT MINING CORP	$6,490,000	–	108,772	–	2.12%	–
DFS	New	DISCOVER FINANCIAL SVCS	$6,236,000	–	65,937	–	2.04%	–
WMT	New	WAL-MART STORES INC	$6,185,000	–	50,869	–	2.02%	–
BTI	New	BRITISH AMERICAN TOBACCO PLC	$5,967,000	–	139,066	–	1.95%	–
IBM	New	INTL BUSINESS MACHINES	$5,810,000	–	41,152	–	1.90%	–
VMW	New	VMWARE INC	$5,089,000	–	44,646	–	1.66%	–
QLTA	New	ISHARES AAA - A RATED CORPORAT	$5,076,000	–	105,153	–	1.66%	–
SCHB	New	SCHWAB US BROAD MARKET ETF	$5,072,000	–	114,782	–	1.66%	–
PEP	New	PEPSICO INC	$4,784,000	–	28,703	–	1.56%	–
GRMN	New	GARMIN LTD	$4,569,000	–	46,508	–	1.49%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$4,283,000	–	11,417	–	1.40%	–
NOC	New	NORTHROP GRUMMAN CORP	$4,194,000	–	8,764	–	1.37%	–
GLW	New	CORNING INC	$4,175,000	–	132,507	–	1.36%	–
ZTS	New	ZOETIS INC	$4,069,000	–	23,671	–	1.33%	–
KEY	New	KEYCORP INC	$3,727,000	–	216,292	–	1.22%	–
NULG	New	NUVEEN ESG LARGE-CAP GROWTH ET	$3,698,000	–	76,730	–	1.21%	–
UNP	New	UNION PACIFIC CORP	$3,640,000	–	17,066	–	1.19%	–
NKE	New	NIKE INC	$3,613,000	–	35,355	–	1.18%	–
BND	New	VANGUARD TOTAL BOND MARKET IND	$3,478,000	–	46,217	–	1.14%	–
PYPL	New	PAYPAL HOLDINGS INC	$3,311,000	–	47,405	–	1.08%	–
DELL	New	DELL INC	$3,173,000	–	68,657	–	1.04%	–
ASTE	New	ASTEC INDUSTRIES INC	$3,019,000	–	74,028	–	0.98%	–
ATVI	New	ACTIVISION BLIZZARD INC	$2,947,000	–	37,850	–	0.96%	–
DIS	New	WALT DISNEY CO	$2,942,000	–	31,169	–	0.96%	–
CTRE	New	CARETRUST REIT INC	$2,800,000	–	151,861	–	0.91%	–
SPLV	New	INVESCO S&P 500 LOW VOLATILIY	$2,625,000	–	42,342	–	0.86%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$2,546,000	–	35,610	–	0.83%	–
INTC	New	INTEL CORP	$2,412,000	–	64,480	–	0.79%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$2,339,000	–	74,359	–	0.76%	–
PK	New	PARK HOTELS & RESORTS INC	$2,302,000	–	169,639	–	0.75%	–
KO	New	COCA-COLA CO	$1,995,000	–	31,719	–	0.65%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$1,883,000	–	39,336	–	0.61%	–
IXJ	New	ISHARES GLOBAL HEALTHCARE ETF	$1,852,000	–	22,830	–	0.60%	–
	New	MAXAR TECHNOLOGIES INC	$1,712,000	–	65,600	–	0.56%	–
BSCQ	New	INVESCO BULLETSHARES 2026 CORP	$1,532,000	–	79,503	–	0.50%	–
ICSH	New	ISHARES ULTRA SHORT-TERM BOND	$1,423,000	–	28,431	–	0.46%	–
SJNK	New	SPDR BLMB BARCL SHORT TERM HIG	$1,399,000	–	58,022	–	0.46%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,319,000	–	4,442	–	0.43%	–
MO	New	ALTRIA GROUP INC	$1,276,000	–	30,556	–	0.42%	–
ABB	New	ABB LTD	$1,217,000	–	45,520	–	0.40%	–
SPSM	New	SPDR S&P 600 SMALL CAP ETF	$1,191,000	–	33,106	–	0.39%	–
SPY	New	SPDR S&P 500 ETF	$1,178,000	–	3,122	–	0.38%	–
JPIN	New	JPMORGAN DIVERSIFIED RETURN IN	$1,122,000	–	22,989	–	0.37%	–
CORP	New	PIMCO INVESTMENT GRADE CORP BO	$1,099,000	–	11,406	–	0.36%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$965,000	–	9,775	–	0.32%	–
KBWB	New	INVESCO KBW BANK ETF	$910,000	–	17,574	–	0.30%	–
XOM	New	EXXON MOBIL CORP	$818,000	–	9,551	–	0.27%	–
IAU	New	ISHARES TR COMEX GOLD	$659,000	–	19,209	–	0.22%	–
SCHG	New	SCHWAB U.S. LARGE-CAP GROWTH E	$549,000	–	9,472	–	0.18%	–
HYS	New	PIMCO ETF TRUST	$544,000	–	6,148	–	0.18%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$519,000	–	8,360	–	0.17%	–
AMAT	New	APPLIED MATERIALS INC	$455,000	–	5,000	–	0.15%	–
TGT	New	TARGET CORP	$395,000	–	2,800	–	0.13%	–
PZT	New	INVESCO INSURED NY MUNI BOND P	$381,000	–	16,900	–	0.12%	–
SCHA	New	SCHWAB US SMALL-CAP	$356,000	–	9,132	–	0.12%	–
GOOG	New	ALPHABET INC CLASS C	$357,000	–	163	–	0.12%	–
VRSN	New	VERISIGN INC	$325,000	–	1,945	–	0.11%	–
SCHP	New	SCHWAB US TIPS ETF	$285,000	–	5,107	–	0.09%	–
CSCO	New	CISCO SYSTEMS INC	$263,000	–	6,166	–	0.09%	–
SCHD	New	SCHWAB US DIVIDEND EQUITY ETF	$243,000	–	3,388	–	0.08%	–
XLF	New	FINANCIAL SPDR	$228,000	–	7,256	–	0.07%	–
AGG	New	ISHARES CORE US AGGREGATE BOND	$225,000	–	2,214	–	0.07%	–
MRK	New	MERCK & CO INC	$224,000	–	2,456	–	0.07%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$224,000	–	837	–	0.07%	–
QQQ	New	INVESCO QQQ TRUST	$219,000	–	780	–	0.07%	–
FNB	New	F.N.B. CORP	$163,000	–	15,000	–	0.05%	–

Q4 2021

			Value		Shares		↓ Weighting
MRK	Exit	MERCK & CO INC	$0	–	-2,706	–	-0.06%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-1,285	–	-0.06%	–
	Exit	GENERAL ELECTRIC CO	$0	–	-2,129	–	-0.06%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-1,975	–	-0.06%	–
QQQ	Exit	INVESCO QQQ TRUST	$0	–	-710	–	-0.07%	–
RYH	Exit	INVESCO S&P 500 EQ WEIGHT HC	$0	–	-915	–	-0.07%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,096	–	-0.09%	–
PZT	Exit	INVESCO INSURED NY MUNI BOND P	$0	–	-14,600	–	-0.10%	–
VRSN	Exit	VERISIGN INC	$0	–	-1,945	–	-0.11%	–
GOOG	Exit	ALPHABET INC CLASS C	$0	–	-163	–	-0.12%	–
DIS	Exit	WALT DISNEY CO	$0	–	-3,300	–	-0.15%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-10,450	–	-0.16%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-19,209	–	-0.17%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.18%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-6,513	–	-0.18%	–
TGT	Exit	TARGET CORP	$0	–	-3,175	–	-0.20%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-13,301	–	-0.21%	–
SCHG	Exit	SCHWAB U.S. LARGE-CAP GROWTH E	$0	–	-6,483	–	-0.26%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-10,475	–	-0.27%	–
JPIN	Exit	JPMORGAN DIVERSIFIED RETURN IN	$0	–	-19,921	–	-0.33%	–
SPSM	Exit	SPDR S&P 600 SMALL CAP ETF	$0	–	-28,619	–	-0.33%	–
ICSH	Exit	ISHARES ULTRA SHORT-TERM BOND	$0	–	-25,737	–	-0.35%	–
ABB	Exit	ABB LTD	$0	–	-41,300	–	-0.37%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-3,221	–	-0.38%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-30,733	–	-0.38%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-106,917	–	-0.39%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-4,547	–	-0.47%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-24,016	–	-0.65%	–
XLB	Exit	SELECT SECTOR SPDR MATERIALS F	$0	–	-31,875	–	-0.68%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-65,353	–	-0.69%	–
INTC	Exit	INTEL CORP	$0	–	-48,645	–	-0.70%	–
CTRE	Exit	CARETRUST REIT INC	$0	–	-132,250	–	-0.73%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-14,630	–	-0.78%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-20,831	–	-0.78%	–
XLF	Exit	FINANCIAL SPDR	$0	–	-82,490	–	-0.84%	–
PK	Exit	PARK HOTELS & RESORTS INC	$0	–	-165,250	–	-0.86%	–
KEY	Exit	KEYCORP INC	$0	–	-150,596	–	-0.88%	–
IWL	Exit	ISHARES RUSSELL TOP 200 ETF	$0	–	-33,056	–	-0.92%	–
PGX	Exit	INVESCO PREFERRED ETF	$0	–	-243,883	–	-0.99%	–
CORP	Exit	PIMCO INVESTMENT GRADE CORP BO	$0	–	-33,549	–	-1.03%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-72,937	–	-1.07%	–
TRP	Exit	TC ENERGY CORP	$0	–	-83,585	–	-1.09%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-79,160	–	-1.12%	–
ASTE	Exit	ASTEC INDUSTRIES INC	$0	–	-79,220	–	-1.16%	–
PEP	Exit	PEPSICO INC	$0	–	-28,708	–	-1.17%	–
GRMN	Exit	GARMIN LTD	$0	–	-29,787	–	-1.26%	–
ZTS	Exit	ZOETIS INC	$0	–	-23,884	–	-1.26%	–
SCHP	Exit	SCHWAB US TIPS ETF	$0	–	-75,157	–	-1.28%	–
KBWB	Exit	INVESCO KBW BANK ETF	$0	–	-70,850	–	-1.29%	–
AGG	Exit	ISHARES CORE US AGGREGATE BOND	$0	–	-42,008	–	-1.31%	–
SPLV	Exit	INVESCO S&P 500 LOW VOLATILIY	$0	–	-82,694	–	-1.36%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-14,142	–	-1.38%	–
TDY	Exit	TELEDYNE TECHNOLOGIES INC	$0	–	-12,356	–	-1.44%	–
GLW	Exit	CORNING INC	$0	–	-148,305	–	-1.47%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES	$0	–	-57,791	–	-1.47%	–
DELL	Exit	DELL INC	$0	–	-56,515	–	-1.59%	–
CVX	Exit	CHEVRON CORP	$0	–	-58,587	–	-1.61%	–
KO	Exit	COCA-COLA CO	$0	–	-119,863	–	-1.70%	–
BTI	Exit	BRITISH AMERICAN TOBACCO PLC	$0	–	-181,884	–	-1.74%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-83,795	–	-1.78%	–
V	Exit	VISA INC CL A	$0	–	-30,985	–	-1.87%	–
SPLK	Exit	SPLUNK INC	$0	–	-48,090	–	-1.89%	–
NEM	Exit	NEWMONT MINING CORP	$0	–	-135,500	–	-1.99%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CO	$0	–	-86,743	–	-2.02%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-63,294	–	-2.11%	–
QLTA	Exit	ISHARES AAA - A RATED CORPORAT	$0	–	-153,538	–	-2.34%	–
XLNX	Exit	XILINX INC	$0	–	-57,466	–	-2.35%	–
MDT	Exit	MEDTRONIC	$0	–	-74,692	–	-2.54%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-49,406	–	-2.72%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-186,461	–	-2.73%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-62,837	–	-2.75%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-62,615	–	-2.78%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-11,024	–	-2.97%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-4,363	–	-3.16%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-47,583	–	-3.64%	–
AAPL	Exit	APPLE INC	$0	–	-139,369	–	-5.35%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-226,838	–	-6.40%	–
AMZN	Exit	AMAZON COM INC	$0	–	-7,589	–	-6.76%	–

Q3 2021

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$24,930,000	-5.6%	7,589	-1.1%	6.76%	-7.5%
SCHX	Sell	SCHWAB US LARGE-CAP	$23,598,000	-1.0%	226,838	-1.1%	6.40%	-3.0%
AAPL	Sell	APPLE INC	$19,721,000	+2.5%	139,369	-0.8%	5.35%	+0.4%
MSFT	Buy	MICROSOFT CORP	$13,415,000	+12.5%	47,583	+8.1%	3.64%	+10.3%
GOOGL	Sell	ALPHABET INC CLASS A	$11,665,000	+8.4%	4,363	-1.0%	3.16%	+6.2%
ISRG	Sell	INTUITIVE SURGICAL	$10,960,000	-1.9%	11,024	-9.3%	2.97%	-3.9%
JPM	Buy	J.P. MORGAN CHASE & CO	$10,249,000	+5.8%	62,615	+0.5%	2.78%	+3.7%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$10,159,000	-2.4%	62,837	-1.2%	2.75%	-4.3%
VZ	Buy	VERIZON COMMUNICATIONS	$10,071,000	-0.6%	186,461	+3.1%	2.73%	-2.6%
LOW	Sell	LOWES COMPANIES INC	$10,023,000	+4.4%	49,406	-0.2%	2.72%	+2.3%
MDT	Sell	MEDTRONIC	$9,363,000	+0.5%	74,692	-0.5%	2.54%	-1.5%
XLNX	Sell	XILINX INC	$8,677,000	+3.6%	57,466	-0.8%	2.35%	+1.6%
QLTA	Sell	ISHARES AAA - A RATED CORPORAT	$8,649,000	-14.8%	153,538	-14.0%	2.34%	-16.5%
DFS	Sell	DISCOVER FINANCIAL SVCS	$7,776,000	+3.5%	63,294	-0.4%	2.11%	+1.4%
RTX	Sell	RAYTHEON TECHNOLOGIES CO	$7,456,000	+0.5%	86,743	-0.2%	2.02%	-1.5%
NEM	Buy	NEWMONT MINING CORP	$7,358,000	+13.0%	135,500	+31.9%	1.99%	+10.7%
SPLK	Sell	SPLUNK INC	$6,959,000	-1.7%	48,090	-1.7%	1.89%	-3.6%
V	Buy	VISA INC CL A	$6,902,000	+65.5%	30,985	+73.7%	1.87%	+62.3%
NEE	Buy	NEXTERA ENERGY INC	$6,580,000	+13.1%	83,795	+5.6%	1.78%	+10.9%
BTI	Buy	BRITISH AMERICAN TOBACCO PLC	$6,417,000	-10.1%	181,884	+0.1%	1.74%	-11.9%
KO	Buy	COCA-COLA CO	$6,289,000	-3.0%	119,863	+0.0%	1.70%	-4.9%
CVX	Buy	CHEVRON CORP	$5,944,000	+2.7%	58,587	+6.0%	1.61%	+0.7%
DELL	New	DELL INC	$5,880,000	–	56,515	–	1.59%	–
LYB	Buy	LYONDELLBASELL INDUSTRIES	$5,424,000	+17.3%	57,791	+28.6%	1.47%	+14.9%
GLW	Sell	CORNING INC	$5,412,000	-11.3%	148,305	-0.6%	1.47%	-13.0%
TDY	Buy	TELEDYNE TECHNOLOGIES INC	$5,308,000	+102.9%	12,356	+97.8%	1.44%	+99.0%
NOC	Sell	NORTHROP GRUMMAN CORP	$5,093,000	-1.3%	14,142	-0.3%	1.38%	-3.2%
SPLV	Buy	INVESCO S&P 500 LOW VOLATILIY	$5,031,000	+22.6%	82,694	+22.8%	1.36%	+20.2%
AGG	Buy	ISHARES CORE US AGGREGATE BOND	$4,824,000	+6.6%	42,008	+7.1%	1.31%	+4.6%
KBWB	Buy	INVESCO KBW BANK ETF	$4,754,000	+13.0%	70,850	+8.5%	1.29%	+10.8%
SCHP	Buy	SCHWAB US TIPS ETF	$4,703,000	+0.7%	75,157	+0.6%	1.28%	-1.3%
ZTS	Sell	ZOETIS INC	$4,637,000	+3.1%	23,884	-1.1%	1.26%	+1.0%
GRMN	Sell	GARMIN LTD	$4,631,000	+6.6%	29,787	-0.8%	1.26%	+4.5%
PEP	Sell	PEPSICO INC	$4,318,000	+0.3%	28,708	-1.2%	1.17%	-1.7%
ASTE	Sell	ASTEC INDUSTRIES INC	$4,263,000	-15.1%	79,220	-0.7%	1.16%	-16.8%
XLE	Buy	SECTOR SPDR ENERGY SELECT SHAR	$4,123,000	+24.8%	79,160	+29.0%	1.12%	+22.3%
TRP	Buy	TC ENERGY CORP	$4,020,000	-1.3%	83,585	+1.7%	1.09%	-3.2%
SCHZ	Sell	SCHWAB US AGGREGATE BOND	$3,958,000	-14.2%	72,937	-13.7%	1.07%	-15.8%
CORP	Sell	PIMCO INVESTMENT GRADE CORP BO	$3,810,000	-25.2%	33,549	-24.6%	1.03%	-26.7%
PGX	Sell	INVESCO PREFERRED ETF	$3,666,000	-13.4%	243,883	-11.7%	0.99%	-15.0%
IWL	Buy	ISHARES RUSSELL TOP 200 ETF	$3,406,000	+34.9%	33,056	+34.7%	0.92%	+32.2%
KEY	Buy	KEYCORP INC	$3,256,000	+5.3%	150,596	+0.6%	0.88%	+3.3%
PK	Sell	PARK HOTELS & RESORTS INC	$3,163,000	-7.7%	165,250	-0.7%	0.86%	-9.6%
XLF	Buy	FINANCIAL SPDR	$3,096,000	+3.0%	82,490	+0.6%	0.84%	+1.0%
IBM	Buy	INTL BUSINESS MACHINES	$2,894,000	+607.6%	20,831	+646.1%	0.78%	+593.8%
UNP	Buy	UNION PACIFIC CORP	$2,868,000	-9.7%	14,630	+1.3%	0.78%	-11.5%
CTRE	Buy	CARETRUST REIT INC	$2,687,000	-9.9%	132,250	+3.1%	0.73%	-11.7%
INTC	Buy	INTEL CORP	$2,592,000	+975.5%	48,645	+1033.9%	0.70%	+949.3%
SCHF	Buy	SCHWAB INTERNATIONAL EQUITY	$2,529,000	+3.8%	65,353	+5.8%	0.69%	+1.8%
XLB	Buy	SELECT SECTOR SPDR MATERIALS F	$2,522,000	+1.5%	31,875	+5.6%	0.68%	-0.4%
HYS	Buy	PIMCO ETF TRUST	$2,383,000	+4.3%	24,016	+5.1%	0.65%	+2.2%
GS	Buy	GOLDMAN SACHS GROUP INC	$1,719,000	+0.7%	4,547	+1.1%	0.47%	-1.3%
ESBK	Sell	ELMIRA SAVINGS BANK	$1,423,000	-8.5%	106,917	-1.6%	0.39%	-10.2%
MO	Buy	ALTRIA GROUP INC	$1,399,000	-3.8%	30,733	+0.8%	0.38%	-5.7%
SPY	Sell	SPDR S&P 500 ETF	$1,382,000	-2.5%	3,221	-2.7%	0.38%	-4.3%
ABB	Buy	ABB LTD	$1,378,000	+2.1%	41,300	+4.0%	0.37%	+0.3%
ICSH	Buy	ISHARES ULTRA SHORT-TERM BOND	$1,300,000	+48.7%	25,737	+48.8%	0.35%	+45.5%
SPSM	New	SPDR S&P 600 SMALL CAP ETF	$1,219,000	–	28,619	–	0.33%	–
JPIN	Buy	JPMORGAN DIVERSIFIED RETURN IN	$1,201,000	-0.1%	19,921	+3.5%	0.33%	-1.8%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$993,000	-5.5%	10,475	-1.2%	0.27%	-7.6%
SCHG	Sell	SCHWAB U.S. LARGE-CAP GROWTH E	$960,000	-10.9%	6,483	-12.2%	0.26%	-12.8%
XOM	Sell	EXXON MOBIL CORP	$782,000	-8.6%	13,301	-2.0%	0.21%	-10.5%
TGT	Sell	TARGET CORP	$726,000	-6.9%	3,175	-1.6%	0.20%	-8.8%
SCHA	Sell	SCHWAB US SMALL-CAP	$652,000	-67.4%	6,513	-66.1%	0.18%	-68.1%
GOOG	Sell	ALPHABET INC CLASS C	$434,000	+5.6%	163	-0.6%	0.12%	+3.5%
PZT	New	INVESCO INSURED NY MUNI BOND P	$380,000	–	14,600	–	0.10%	–
CSCO	Buy	CISCO SYSTEMS INC	$332,000	+3.8%	6,096	+0.9%	0.09%	+2.3%
RYH	Sell	INVESCO S&P 500 EQ WEIGHT HC	$273,000	+0.7%	915	-1.1%	0.07%	-1.3%
	New	GENERAL ELECTRIC CO	$219,000	–	2,129	–	0.06%	–
MRK	Sell	MERCK & CO INC	$203,000	-6.9%	2,706	-3.6%	0.06%	-8.3%
GE	Exit	GENERAL ELECTRIC CO	$0	–	-17,703	–	-0.07%	–
DEF	Exit	INVESCO DEFENSIVE EQUITY ETF	$0	–	-4,073	–	-0.07%	–
BAR	Exit	GRANITESHARES GOLD TRUST	$0	–	-78,789	–	-0.38%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-9,730	–	-0.93%	–
DELL	Exit	DELL INC	$0	–	-56,455	–	-1.56%	–

Q2 2021

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$26,410,000	–	7,677	–	7.30%	–
SCHX	New	SCHWAB US LARGE-CAP	$23,840,000	–	229,294	–	6.59%	–
AAPL	New	APPLE INC	$19,249,000	–	140,543	–	5.32%	–
MSFT	New	MICROSOFT CORP	$11,924,000	–	44,017	–	3.30%	–
ISRG	New	INTUITIVE SURGICAL	$11,177,000	–	12,154	–	3.09%	–
GOOGL	New	ALPHABET INC CLASS A	$10,761,000	–	4,407	–	2.98%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$10,408,000	–	63,597	–	2.88%	–
QLTA	New	ISHARES AAA - A RATED CORPORAT	$10,147,000	–	178,481	–	2.81%	–
VZ	New	VERIZON COMMUNICATIONS	$10,132,000	–	180,824	–	2.80%	–
JPM	New	J.P. MORGAN CHASE & CO	$9,688,000	–	62,288	–	2.68%	–
LOW	New	LOWES COMPANIES INC	$9,601,000	–	49,496	–	2.66%	–
MDT	New	MEDTRONIC	$9,319,000	–	75,072	–	2.58%	–
XLNX	New	XILINX INC	$8,376,000	–	57,906	–	2.32%	–
DFS	New	DISCOVER FINANCIAL SVCS	$7,514,000	–	63,522	–	2.08%	–
RTX	New	RAYTHEON TECHNOLOGIES CO	$7,418,000	–	86,952	–	2.05%	–
BTI	New	BRITISH AMERICAN TOBACCO PLC	$7,141,000	–	181,652	–	1.98%	–
SPLK	New	SPLUNK INC	$7,076,000	–	48,945	–	1.96%	–
NEM	New	NEWMONT MINING CORP	$6,512,000	–	102,740	–	1.80%	–
KO	New	COCA-COLA CO	$6,484,000	–	119,830	–	1.79%	–
GLW	New	CORNING INC	$6,101,000	–	149,178	–	1.69%	–
NEE	New	NEXTERA ENERGY INC	$5,816,000	–	79,370	–	1.61%	–
CVX	New	CHEVRON CORP	$5,786,000	–	55,246	–	1.60%	–
DELL	New	DELL INC	$5,627,000	–	56,455	–	1.56%	–
NOC	New	NORTHROP GRUMMAN CORP	$5,158,000	–	14,191	–	1.43%	–
CORP	New	PIMCO INVESTMENT GRADE CORP BO	$5,094,000	–	44,496	–	1.41%	–
ASTE	New	ASTEC INDUSTRIES INC	$5,022,000	–	79,785	–	1.39%	–
SCHP	New	SCHWAB US TIPS ETF	$4,672,000	–	74,733	–	1.29%	–
LYB	New	LYONDELLBASELL INDUSTRIES	$4,624,000	–	44,951	–	1.28%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$4,612,000	–	84,478	–	1.28%	–
AGG	New	ISHARES CORE US AGGREGATE BOND	$4,524,000	–	39,229	–	1.25%	–
ZTS	New	ZOETIS INC	$4,499,000	–	24,139	–	1.24%	–
GRMN	New	GARMIN LTD	$4,345,000	–	30,037	–	1.20%	–
PEP	New	PEPSICO INC	$4,305,000	–	29,056	–	1.19%	–
PGX	New	INVESCO PREFERRED ETF	$4,231,000	–	276,183	–	1.17%	–
KBWB	New	INVESCO KBW BANK ETF	$4,207,000	–	65,320	–	1.16%	–
V	New	VISA INC CL A	$4,170,000	–	17,835	–	1.15%	–
SPLV	New	INVESCO S&P 500 LOW VOLATILIY	$4,103,000	–	67,365	–	1.14%	–
TRP	New	TC ENERGY CORP	$4,071,000	–	82,200	–	1.13%	–
PK	New	PARK HOTELS & RESORTS INC	$3,428,000	–	166,350	–	0.95%	–
ULTA	New	ULTA BEAUTY INC	$3,364,000	–	9,730	–	0.93%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$3,305,000	–	61,350	–	0.91%	–
UNP	New	UNION PACIFIC CORP	$3,177,000	–	14,445	–	0.88%	–
KEY	New	KEYCORP INC	$3,092,000	–	149,746	–	0.86%	–
XLF	New	FINANCIAL SPDR	$3,007,000	–	81,965	–	0.83%	–
CTRE	New	CARETRUST REIT INC	$2,981,000	–	128,325	–	0.82%	–
TDY	New	TELEDYNE TECHNOLOGIES INC	$2,616,000	–	6,246	–	0.72%	–
IWL	New	ISHARES RUSSELL TOP 200 ETF	$2,524,000	–	24,548	–	0.70%	–
XLB	New	SELECT SECTOR SPDR MATERIALS F	$2,485,000	–	30,185	–	0.69%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$2,436,000	–	61,752	–	0.67%	–
HYS	New	PIMCO ETF TRUST	$2,284,000	–	22,858	–	0.63%	–
SCHA	New	SCHWAB US SMALL-CAP	$2,002,000	–	19,213	–	0.55%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,707,000	–	4,497	–	0.47%	–
ESBK	New	ELMIRA SAVINGS BANK	$1,555,000	–	108,688	–	0.43%	–
MO	New	ALTRIA GROUP INC	$1,454,000	–	30,498	–	0.40%	–
SPY	New	SPDR S&P 500 ETF	$1,418,000	–	3,312	–	0.39%	–
BAR	New	GRANITESHARES GOLD TRUST	$1,386,000	–	78,789	–	0.38%	–
ABB	New	ABB LTD	$1,349,000	–	39,700	–	0.37%	–
JPIN	New	JPMORGAN DIVERSIFIED RETURN IN	$1,202,000	–	19,252	–	0.33%	–
SCHG	New	SCHWAB U.S. LARGE-CAP GROWTH E	$1,078,000	–	7,387	–	0.30%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,051,000	–	10,600	–	0.29%	–
ICSH	New	ISHARES ULTRA SHORT-TERM BOND	$874,000	–	17,293	–	0.24%	–
XOM	New	EXXON MOBIL CORP	$856,000	–	13,576	–	0.24%	–
TGT	New	TARGET CORP	$780,000	–	3,225	–	0.22%	–
AMAT	New	APPLIED MATERIALS INC	$712,000	–	5,000	–	0.20%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$652,000	–	10,450	–	0.18%	–
IAU	New	ISHARES TR COMEX GOLD	$648,000	–	19,209	–	0.18%	–
DIS	New	WALT DISNEY CO	$580,000	–	3,300	–	0.16%	–
VRSN	New	VERISIGN INC	$443,000	–	1,945	–	0.12%	–
GOOG	New	ALPHABET INC CLASS C	$411,000	–	164	–	0.11%	–
IBM	New	INTL BUSINESS MACHINES	$409,000	–	2,792	–	0.11%	–
CSCO	New	CISCO SYSTEMS INC	$320,000	–	6,043	–	0.09%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$271,000	–	925	–	0.08%	–
DEF	New	INVESCO DEFENSIVE EQUITY ETF	$268,000	–	4,073	–	0.07%	–
QQQ	New	INVESCO QQQ Trust	$252,000	–	710	–	0.07%	–
INTC	New	INTEL CORP	$241,000	–	4,290	–	0.07%	–
GE	New	GENERAL ELECTRIC CO	$238,000	–	17,703	–	0.07%	–
BOND	New	PIMCO TOTAL RETURN ETF	$219,000	–	1,975	–	0.06%	–
MRK	New	MERCK & CO INC	$218,000	–	2,806	–	0.06%	–
JNJ	New	JOHNSON & JOHNSON	$212,000	–	1,285	–	0.06%	–

Q4 2020

			Value		Shares		↓ Weighting
GE	Exit	GENERAL ELECTRIC CO	$0	–	-18,897	–	-0.04%	–
BSCL	Exit	INVESCO BULLETSHARES 2021 CORP	$0	–	-10,153	–	-0.08%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-2,025	–	-0.08%	–
BSCK	Exit	INVESCO BULLETSHARES 2020 CORP	$0	–	-11,290	–	-0.09%	–
MRK	Exit	MERCK & CO INC	$0	–	-2,906	–	-0.09%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,224	–	-0.09%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-2,401	–	-0.11%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.11%	–
INTC	Exit	INTEL CORP	$0	–	-5,840	–	-0.11%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,310	–	-0.13%	–
DIS	Exit	WALT DISNEY CO	$0	–	-3,145	–	-0.14%	–
VRSN	Exit	VERISIGN INC	$0	–	-1,945	–	-0.15%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-13,651	–	-0.18%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-11,963	–	-0.26%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-38,419	–	-0.26%	–
TGT	Exit	TARGET CORP	$0	–	-4,750	–	-0.28%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-12,061	–	-0.31%	–
JPIN	Exit	JPMORGAN DIVERSIFIED RETURN IN	$0	–	-17,591	–	-0.34%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-12,100	–	-0.34%	–
BAR	Exit	GRANITESHARES GOLD TRUST	$0	–	-57,528	–	-0.40%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-3,573	–	-0.45%	–
SCHG	Exit	SCHWAB U.S. LARGE-CAP GROWTH E	$0	–	-10,815	–	-0.46%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-33,838	–	-0.49%	–
RYH	Exit	INVESCO S&P 500 EQ WEIGHT HC	$0	–	-5,623	–	-0.49%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-121,672	–	-0.50%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-6,832	–	-0.51%	–
ABB	Exit	ABB LTD	$0	–	-55,120	–	-0.52%	–
SCHP	Exit	SCHWAB US TIPS ETF	$0	–	-25,911	–	-0.60%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-18,123	–	-0.63%	–
CTRE	Exit	CARETRUST REIT INC	$0	–	-104,375	–	-0.69%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-60,133	–	-0.70%	–
CVX	Exit	CHEVRON CORP	$0	–	-27,080	–	-0.73%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-42,896	–	-0.90%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-14,635	–	-1.07%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-13,175	–	-1.10%	–
GRMN	Exit	GARMIN LTD	$0	–	-31,536	–	-1.11%	–
SU	Exit	SUNCOR ENERGY INC	$0	–	-261,700	–	-1.19%	–
KEY	Exit	KEYCORP INC	$0	–	-290,135	–	-1.29%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-11,267	–	-1.32%	–
TRP	Exit	TC ENERGY CORP	$0	–	-87,745	–	-1.37%	–
PGX	Exit	INVESCO PREFERRED ETF	$0	–	-259,861	–	-1.43%	–
ZTS	Exit	ZOETIS INC	$0	–	-23,410	–	-1.44%	–
ICSH	Exit	ISHARES ULTRA SHORT-TERM BOND	$0	–	-77,344	–	-1.46%	–
SPLK	Exit	SPLUNK INC	$0	–	-21,710	–	-1.52%	–
CORP	Exit	PIMCO INVESTMENT GRADE CORP BO	$0	–	-35,803	–	-1.53%	–
PEP	Exit	PEPSICO INC	$0	–	-32,136	–	-1.66%	–
FLIR	Exit	FLIR SYSTEMS INC	$0	–	-124,456	–	-1.66%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES	$0	–	-69,707	–	-1.83%	–
KO	Exit	COCA-COLA CO	$0	–	-99,597	–	-1.83%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CO	$0	–	-88,171	–	-1.89%	–
CVS	Exit	CVS CORP	$0	–	-88,648	–	-1.93%	–
GLW	Exit	CORNING INC	$0	–	-162,038	–	-1.96%	–
BTI	Exit	BRITISH AMERICAN TOBACCO PLC	$0	–	-147,430	–	-1.98%	–
DEF	Exit	INVESCO DEFENSIVE EQUITY ETF	$0	–	-104,696	–	-2.17%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-64,717	–	-2.32%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-113,147	–	-2.44%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-4,801	–	-2.62%	–
XLNX	Exit	XILINX INC	$0	–	-69,045	–	-2.68%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-45,209	–	-2.79%	–
QLTA	Exit	ISHARES AAA - A RATED CORPORAT	$0	–	-147,579	–	-3.18%	–
MDT	Exit	MEDTRONIC	$0	–	-82,732	–	-3.20%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-12,442	–	-3.29%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-67,978	–	-3.43%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-44,734	–	-3.50%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-178,584	–	-3.96%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-213,410	–	-6.41%	–
AAPL	Exit	APPLE INC	$0	–	-152,224	–	-6.56%	–
AMZN	Exit	AMAZON COM INC	$0	–	-8,213	–	-9.63%	–

Q3 2020

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$25,861,000	+8.9%	8,213	-4.6%	9.63%	-0.4%
AAPL	Buy	APPLE INC	$17,629,000	+17.2%	152,224	+269.1%	6.56%	+7.1%
SCHX	Sell	SCHWAB US LARGE-CAP	$17,207,000	+1.6%	213,410	-6.6%	6.41%	-7.1%
VZ	Buy	VERIZON COMMUNICATIONS	$10,624,000	+8.1%	178,584	+0.2%	3.96%	-1.2%
MSFT	Sell	MICROSOFT CORP	$9,409,000	+3.3%	44,734	-0.1%	3.50%	-5.6%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$9,205,000	-2.0%	67,978	-1.1%	3.43%	-10.4%
ISRG	Buy	INTUITIVE SURGICAL	$8,828,000	+24.8%	12,442	+0.2%	3.29%	+14.1%
MDT	Buy	MEDTRONIC	$8,598,000	+13.5%	82,732	+0.1%	3.20%	+3.8%
QLTA	Buy	ISHARES AAA - A RATED CORPORAT	$8,534,000	+6.6%	147,579	+6.6%	3.18%	-2.6%
LOW	Sell	LOWES COMPANIES INC	$7,498,000	+10.5%	45,209	-9.9%	2.79%	+1.0%
XLNX	Buy	XILINX INC	$7,197,000	+6.2%	69,045	+0.2%	2.68%	-2.9%
GOOGL	Sell	ALPHABET INC CLASS A	$7,036,000	+1.9%	4,801	-1.4%	2.62%	-6.9%
DFS	Buy	DISCOVER FINANCIAL SVCS	$6,538,000	+18.9%	113,147	+3.0%	2.44%	+8.7%
JPM	Buy	J.P. MORGAN CHASE & CO	$6,230,000	+3.4%	64,717	+1.1%	2.32%	-5.4%
DEF	Buy	INVESCO DEFENSIVE EQUITY ETF	$5,821,000	+7.8%	104,696	+0.1%	2.17%	-1.4%
BTI	New	BRITISH AMERICAN TOBACCO PLC	$5,330,000	–	147,430	–	1.98%	–
GLW	Buy	CORNING INC	$5,252,000	+25.9%	162,038	+0.6%	1.96%	+15.1%
CVS	Buy	CVS CORP	$5,177,000	-7.5%	88,648	+2.9%	1.93%	-15.4%
RTX	Buy	RAYTHEON TECHNOLOGIES CO	$5,073,000	+5.9%	88,171	+13.4%	1.89%	-3.2%
KO	Buy	COCA-COLA CO	$4,917,000	+16.6%	99,597	+5.5%	1.83%	+6.6%
LYB	Sell	LYONDELLBASELL INDUSTRIES	$4,914,000	-9.0%	69,707	-15.2%	1.83%	-16.8%
FLIR	Buy	FLIR SYSTEMS INC	$4,462,000	+23.0%	124,456	+39.1%	1.66%	+12.4%
PEP	Sell	PEPSICO INC	$4,454,000	+4.5%	32,136	-0.3%	1.66%	-4.5%
CORP	Buy	PIMCO INVESTMENT GRADE CORP BO	$4,105,000	+6.8%	35,803	+6.5%	1.53%	-2.3%
SPLK	New	SPLUNK INC	$4,084,000	–	21,710	–	1.52%	–
ICSH	Buy	ISHARES ULTRA SHORT-TERM BOND	$3,911,000	+8.0%	77,344	+8.0%	1.46%	-1.2%
ZTS	Sell	ZOETIS INC	$3,871,000	+19.1%	23,410	-1.3%	1.44%	+8.9%
PGX	Sell	INVESCO PREFERRED ETF	$3,828,000	+2.2%	259,861	-2.0%	1.43%	-6.5%
TRP	Buy	TC ENERGY CORP	$3,687,000	+0.2%	87,745	+2.2%	1.37%	-8.4%
NOC	Buy	NORTHROP GRUMMAN CORP	$3,555,000	+9.0%	11,267	+6.2%	1.32%	-0.4%
KEY	Buy	KEYCORP INC	$3,461,000	-0.6%	290,135	+1.5%	1.29%	-9.1%
SU	Buy	SUNCOR ENERGY INC	$3,201,000	-25.4%	261,700	+2.9%	1.19%	-31.8%
GRMN	Sell	GARMIN LTD	$2,991,000	-3.7%	31,536	-1.0%	1.11%	-11.9%
ULTA	Sell	ULTA BEAUTY INC	$2,951,000	-5.8%	13,175	-14.4%	1.10%	-13.9%
UNP	Sell	UNION PACIFIC CORP	$2,881,000	+7.6%	14,635	-7.6%	1.07%	-1.6%
SCHZ	Buy	SCHWAB US AGGREGATE BOND	$2,406,000	+63.1%	42,896	+63.5%	0.90%	+49.1%
CVX	Buy	CHEVRON CORP	$1,950,000	-19.0%	27,080	+0.4%	0.73%	-25.9%
SCHF	Buy	SCHWAB INTERNATIONAL EQUITY	$1,888,000	+7.9%	60,133	+2.2%	0.70%	-1.4%
CTRE	New	CARETRUST REIT INC	$1,857,000	–	104,375	–	0.69%	–
HYS	Buy	PIMCO ETF TRUST	$1,700,000	+15.3%	18,123	+12.2%	0.63%	+5.5%
SCHP	Buy	SCHWAB US TIPS ETF	$1,597,000	+20.2%	25,911	+17.0%	0.60%	+10.0%
ABB	Sell	ABB LTD	$1,403,000	+4.9%	55,120	-7.1%	0.52%	-4.2%
GS	Sell	GOLDMAN SACHS GROUP INC	$1,373,000	+1.0%	6,832	-0.7%	0.51%	-7.8%
ESBK	Sell	ELMIRA SAVINGS BANK	$1,342,000	-1.8%	121,672	-6.1%	0.50%	-10.1%
RYH	Sell	INVESCO S&P 500 EQ WEIGHT HC	$1,324,000	-10.3%	5,623	-15.3%	0.49%	-18.0%
MO	Sell	ALTRIA GROUP INC	$1,308,000	-2.7%	33,838	-1.2%	0.49%	-11.0%
SCHG	New	SCHWAB U.S. LARGE-CAP GROWTH E	$1,246,000	–	10,815	–	0.46%	–
SPY	Buy	SPDR S&P 500 ETF	$1,197,000	+16.0%	3,573	+6.7%	0.45%	+6.2%
BAR	Sell	GRANITESHARES GOLD TRUST	$1,079,000	-72.9%	57,528	-74.4%	0.40%	-75.2%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$907,000	+5.8%	12,100	-1.1%	0.34%	-3.2%
JPIN	Buy	JPMORGAN DIVERSIFIED RETURN IN	$908,000	+7.1%	17,591	+2.5%	0.34%	-2.0%
SCHA	Sell	SCHWAB US SMALL-CAP	$824,000	+1.9%	12,061	-2.6%	0.31%	-7.0%
XOM	Buy	EXXON MOBIL CORP	$469,000	-1.5%	13,651	+28.2%	0.18%	-9.8%
DIS	Sell	WALT DISNEY CO	$390,000	-88.3%	3,145	-89.5%	0.14%	-89.3%
JNJ	Sell	JOHNSON & JOHNSON	$344,000	+2.7%	2,310	-2.9%	0.13%	-5.9%
IBM	Buy	INTL BUSINESS MACHINES	$292,000	+1.0%	2,401	+0.3%	0.11%	-7.6%
CSCO	Buy	CISCO SYSTEMS INC	$245,000	-14.0%	6,224	+1.7%	0.09%	-21.6%
BSCK	Buy	INVESCO BULLETSHARES 2020 CORP	$240,000	+10.6%	11,290	+10.8%	0.09%	+1.1%
BSCL	New	INVESCO BULLETSHARES 2021 CORP	$216,000	–	10,153	–	0.08%	–
GE	Sell	GENERAL ELECTRIC CO	$118,000	-9.2%	18,897	-0.5%	0.04%	-17.0%

Q2 2020

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$23,748,000	–	8,608	–	9.67%	–
SCHX	New	SCHWAB US LARGE-CAP	$16,939,000	–	228,590	–	6.90%	–
AAPL	New	APPLE INC	$15,043,000	–	41,238	–	6.13%	–
VZ	New	VERIZON COMMUNICATIONS	$9,829,000	–	178,288	–	4.00%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$9,392,000	–	68,708	–	3.82%	–
MSFT	New	MICROSOFT CORP	$9,109,000	–	44,759	–	3.71%	–
QLTA	New	ISHARES AAA - A RATED CORPORAT	$8,008,000	–	138,443	–	3.26%	–
MDT	New	MEDTRONIC	$7,577,000	–	82,627	–	3.09%	–
ISRG	New	INTUITIVE SURGICAL	$7,073,000	–	12,412	–	2.88%	–
GOOGL	New	ALPHABET INC CLASS A	$6,907,000	–	4,871	–	2.81%	–
LOW	New	LOWES COMPANIES INC	$6,783,000	–	50,203	–	2.76%	–
XLNX	New	XILINX INC	$6,778,000	–	68,884	–	2.76%	–
JPM	New	J.P. MORGAN CHASE & CO	$6,023,000	–	64,039	–	2.45%	–
CVS	New	CVS CORP	$5,595,000	–	86,115	–	2.28%	–
DFS	New	DISCOVER FINANCIAL SVCS	$5,501,000	–	109,827	–	2.24%	–
LYB	New	LYONDELLBASELL INDUSTRIES	$5,401,000	–	82,188	–	2.20%	–
DEF	New	INVESCO DEFENSIVE EQUITY ETF	$5,399,000	–	104,575	–	2.20%	–
RTX	New	RAYTHEON TECHNOLOGIES CO	$4,791,000	–	77,744	–	1.95%	–
SU	New	SUNCOR ENERGY INC	$4,289,000	–	254,375	–	1.75%	–
PEP	New	PEPSICO INC	$4,264,000	–	32,236	–	1.74%	–
KO	New	COCA-COLA CO	$4,217,000	–	94,378	–	1.72%	–
GLW	New	CORNING INC	$4,172,000	–	161,063	–	1.70%	–
BAR	New	GRANITESHARES GOLD TRUST	$3,981,000	–	224,412	–	1.62%	–
CORP	New	PIMCO INVESTMENT GRADE CORP BO	$3,843,000	–	33,633	–	1.56%	–
PGX	New	INVESCO PREFERRED ETF	$3,744,000	–	265,132	–	1.52%	–
TRP	New	TC ENERGY CORP	$3,681,000	–	85,895	–	1.50%	–
FLIR	New	FLIR SYSTEMS INC	$3,629,000	–	89,445	–	1.48%	–
ICSH	New	ISHARES ULTRA SHORT-TERM BOND	$3,620,000	–	71,605	–	1.47%	–
KEY	New	KEYCORP INC	$3,481,000	–	285,813	–	1.42%	–
DIS	New	WALT DISNEY CO	$3,333,000	–	29,891	–	1.36%	–
NOC	New	NORTHROP GRUMMAN CORP	$3,262,000	–	10,609	–	1.33%	–
ZTS	New	ZOETIS INC	$3,251,000	–	23,725	–	1.32%	–
ULTA	New	ULTA BEAUTY INC	$3,133,000	–	15,400	–	1.28%	–
GRMN	New	GARMIN LTD	$3,105,000	–	31,850	–	1.26%	–
UNP	New	UNION PACIFIC CORP	$2,677,000	–	15,835	–	1.09%	–
CVX	New	CHEVRON CORP	$2,406,000	–	26,968	–	0.98%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$1,750,000	–	58,810	–	0.71%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$1,475,000	–	26,230	–	0.60%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$1,476,000	–	6,641	–	0.60%	–
HYS	New	PIMCO ETF TRUST	$1,474,000	–	16,146	–	0.60%	–
ESBK	New	ELMIRA SAVINGS BANK	$1,366,000	–	129,514	–	0.56%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,360,000	–	6,882	–	0.55%	–
MO	New	ALTRIA GROUP INC	$1,344,000	–	34,253	–	0.55%	–
ABB	New	ABB LTD	$1,338,000	–	59,320	–	0.54%	–
SCHP	New	SCHWAB US TIPS ETF	$1,329,000	–	22,145	–	0.54%	–
SPY	New	SPDR S&P 500 ETF	$1,032,000	–	3,348	–	0.42%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$857,000	–	12,230	–	0.35%	–
JPIN	New	JPMORGAN DIVERSIFIED RETURN IN	$848,000	–	17,162	–	0.34%	–
SCHA	New	SCHWAB US SMALL-CAP	$809,000	–	12,377	–	0.33%	–
IAU	New	ISHARES TR COMEX GOLD	$653,000	–	38,419	–	0.27%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$612,000	–	11,963	–	0.25%	–
TGT	New	TARGET CORP	$570,000	–	4,750	–	0.23%	–
XOM	New	EXXON MOBIL CORP	$476,000	–	10,651	–	0.19%	–
VRSN	New	VERISIGN INC	$402,000	–	1,945	–	0.16%	–
INTC	New	INTEL CORP	$349,000	–	5,840	–	0.14%	–
JNJ	New	JOHNSON & JOHNSON	$335,000	–	2,380	–	0.14%	–
AMAT	New	APPLIED MATERIALS INC	$302,000	–	5,000	–	0.12%	–
IBM	New	INTL BUSINESS MACHINES	$289,000	–	2,395	–	0.12%	–
CSCO	New	CISCO SYSTEMS INC	$285,000	–	6,120	–	0.12%	–
MRK	New	MERCK & CO INC	$225,000	–	2,906	–	0.09%	–
BOND	New	PIMCO TOTAL RETURN ETF	$226,000	–	2,025	–	0.09%	–
BSCK	New	INVESCO BULLETSHARES 2020 CORP	$217,000	–	10,190	–	0.09%	–
GE	New	GENERAL ELECTRIC CO	$130,000	–	18,994	–	0.05%	–

Q4 2019

			Value		Shares		↓ Weighting
GE	Exit	GENERAL ELECTRIC CO	$0	–	-21,037	–	-0.09%	–
TFI	Exit	SPDR SERIES TRUST - NUVEEN BAR	$0	–	-4,104	–	-0.10%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-1,950	–	-0.10%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.12%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,175	–	-0.13%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-20,069	–	-0.13%	–
DIS	Exit	WALT DISNEY CO	$0	–	-2,234	–	-0.14%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,458	–	-0.15%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,570	–	-0.15%	–
INTC	Exit	INTEL CORP	$0	–	-6,726	–	-0.16%	–
SLYV	Exit	SPDR S&P 600 SMALL CAP VALUE E	$0	–	-5,773	–	-0.17%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-2,429	–	-0.17%	–
BSCK	Exit	INVESCO BULLETSHARES 2020 CORP	$0	–	-16,970	–	-0.17%	–
PGX	Exit	INVESCO PREFERRED ETF	$0	–	-26,485	–	-0.19%	–
TGT	Exit	TARGET CORP	$0	–	-4,925	–	-0.25%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-12,669	–	-0.33%	–
JPIN	Exit	JPMORGAN DIVERSIFIED RETURN IN	$0	–	-13,724	–	-0.35%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-3,276	–	-0.46%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-13,248	–	-0.48%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-31,541	–	-0.61%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-19,070	–	-0.63%	–
DXJ	Exit	WISDOM TREE JAPAN HEDGED EQUIT	$0	–	-26,700	–	-0.64%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-13,618	–	-0.65%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-7,346	–	-0.72%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-4,626	–	-0.82%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-126,919	–	-0.85%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-56,480	–	-0.86%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-33,613	–	-0.86%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-48,839	–	-0.87%	–
RYH	Exit	INVESCO S&P 500 EQ WEIGHT HC	$0	–	-10,140	–	-0.94%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-14,435	–	-1.11%	–
RHHBY	Exit	ROCHE HOLDING AG	$0	–	-67,030	–	-1.16%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-36,151	–	-1.21%	–
QLTA	Exit	ISHARES AAA - A RATED CORPORAT	$0	–	-46,665	–	-1.22%	–
DEF	Exit	INVESCO DEFENSIVE EQUITY ETF	$0	–	-51,609	–	-1.33%	–
CVX	Exit	CHEVRON CORP	$0	–	-23,980	–	-1.35%	–
CORP	Exit	PIMCO INVESTMENT GRADE CORP BO	$0	–	-26,203	–	-1.37%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-21,306	–	-1.38%	–
ZTS	Exit	ZOETIS INC	$0	–	-23,469	–	-1.39%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-41,490	–	-1.60%	–
GRMN	Exit	GARMIN LTD	$0	–	-39,874	–	-1.60%	–
KEY	Exit	KEYCORP INC	$0	–	-196,783	–	-1.67%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-27,466	–	-1.82%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES	$0	–	-47,685	–	-2.03%	–
PEP	Exit	PEPSICO INC	$0	–	-31,451	–	-2.05%	–
XLNX	Exit	XILINX INC	$0	–	-46,135	–	-2.10%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-40,736	–	-2.13%	–
TRP	Exit	TC ENERGY CORP	$0	–	-88,265	–	-2.17%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-22,497	–	-2.18%	–
KO	Exit	COCA-COLA CO	$0	–	-87,138	–	-2.25%	–
MPC	Exit	MARATHON PETROLEUM CORPORATION	$0	–	-80,761	–	-2.33%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-20,975	–	-2.50%	–
GLW	Exit	CORNING INC	$0	–	-185,906	–	-2.52%	–
CVS	Exit	CVS CORP	$0	–	-88,335	–	-2.65%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-50,335	–	-2.82%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-4,910	–	-2.85%	–
RYT	Exit	INVESCO S&P 500 EQ WT TECHNOLO	$0	–	-34,503	–	-2.93%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-12,295	–	-3.15%	–
MDT	Exit	MEDTRONIC	$0	–	-65,339	–	-3.37%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-78,808	–	-3.73%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-173,997	–	-4.99%	–
AAPL	Exit	APPLE INC	$0	–	-47,363	–	-5.04%	–
AMZN	Exit	AMAZON COM INC	$0	–	-9,012	–	-7.43%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-245,359	–	-8.27%	–

Q3 2019

			Value		Shares		↓ Weighting
SCHX	Buy	SCHWAB US LARGE-CAP	$17,403,000	+7.0%	245,359	+5.9%	8.27%	+4.3%
AMZN	Sell	AMAZON COM INC	$15,644,000	-8.9%	9,012	-0.6%	7.43%	-11.2%
AAPL	Sell	APPLE INC	$10,608,000	-3.1%	47,363	-14.4%	5.04%	-5.6%
VZ	Sell	VERIZON COMMUNICATIONS	$10,502,000	+5.4%	173,997	-0.2%	4.99%	+2.7%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$7,841,000	-8.8%	78,808	-0.0%	3.73%	-11.1%
MDT	Sell	MEDTRONIC	$7,097,000	+5.1%	65,339	-5.7%	3.37%	+2.4%
ISRG	Sell	INTUITIVE SURGICAL	$6,638,000	+2.3%	12,295	-0.6%	3.15%	-0.3%
RYT	Sell	INVESCO S&P 500 EQ WT TECHNOLO	$6,170,000	-4.4%	34,503	-5.1%	2.93%	-6.8%
GOOGL	Sell	ALPHABET INC CLASS A	$5,996,000	+2.1%	4,910	-9.5%	2.85%	-0.5%
JPM	Sell	J.P. MORGAN CHASE & CO	$5,924,000	+4.3%	50,335	-0.9%	2.82%	+1.7%
CVS	Sell	CVS CORP	$5,571,000	+4.9%	88,335	-9.4%	2.65%	+2.2%
GLW	Buy	CORNING INC	$5,302,000	-12.5%	185,906	+1.9%	2.52%	-14.8%
ULTA	Buy	ULTA BEAUTY INC	$5,257,000	+133.9%	20,975	+223.7%	2.50%	+127.9%
MPC	New	MARATHON PETROLEUM CORPORATION	$4,906,000	–	80,761	–	2.33%	–
KO	Sell	COCA-COLA CO	$4,744,000	-12.5%	87,138	-18.2%	2.25%	-14.8%
PANW	Buy	PALO ALTO NETWORKS INC	$4,586,000	+3.8%	22,497	+3.8%	2.18%	+1.2%
TRP	Sell	TC ENERGY CORP	$4,571,000	-0.2%	88,265	-4.6%	2.17%	-2.7%
LOW	Buy	LOWES COMPANIES INC	$4,479,000	+10.5%	40,736	+1.4%	2.13%	+7.7%
XLNX	Sell	XILINX INC	$4,424,000	-19.0%	46,135	-0.4%	2.10%	-21.1%
PEP	Sell	PEPSICO INC	$4,312,000	+4.3%	31,451	-0.2%	2.05%	+1.6%
LYB	Sell	LYONDELLBASELL INDUSTRIES	$4,266,000	-21.5%	47,685	-24.4%	2.03%	-23.5%
MSFT	Sell	MICROSOFT CORP	$3,819,000	-6.5%	27,466	-9.9%	1.82%	-8.9%
KEY	Buy	KEYCORP INC	$3,511,000	+3.0%	196,783	+2.4%	1.67%	+0.3%
GRMN	Buy	GARMIN LTD	$3,377,000	+13.8%	39,874	+7.2%	1.60%	+10.9%
DFS	Sell	DISCOVER FINANCIAL SVCS	$3,364,000	+4.3%	41,490	-0.2%	1.60%	+1.7%
ZTS	Sell	ZOETIS INC	$2,924,000	+8.7%	23,469	-1.0%	1.39%	+5.9%
UTX	Buy	UNITED TECHNOLOGIES	$2,909,000	+12.5%	21,306	+7.3%	1.38%	+9.6%
CORP	Buy	PIMCO INVESTMENT GRADE CORP BO	$2,875,000	+14.9%	26,203	+12.5%	1.37%	+11.9%
CVX	Buy	CHEVRON CORP	$2,844,000	-4.6%	23,980	+0.1%	1.35%	-7.1%
DEF	Buy	INVESCO DEFENSIVE EQUITY ETF	$2,797,000	+14.0%	51,609	+11.2%	1.33%	+11.0%
QLTA	Buy	ISHARES AAA - A RATED CORPORAT	$2,557,000	+18.2%	46,665	+16.0%	1.22%	+15.2%
XOM	Buy	EXXON MOBIL CORP	$2,553,000	-4.2%	36,151	+4.0%	1.21%	-6.7%
RHHBY	Sell	ROCHE HOLDING AG	$2,443,000	+3.6%	67,030	-0.2%	1.16%	+1.0%
UNP	Sell	UNION PACIFIC CORP	$2,338,000	-6.7%	14,435	-2.5%	1.11%	-9.1%
RYH	Sell	INVESCO S&P 500 EQ WEIGHT HC	$1,987,000	-7.5%	10,140	-4.3%	0.94%	-9.8%
PFF	Sell	ISHARES S&P U.S. PREFERRED STO	$1,833,000	-4.8%	48,839	-6.5%	0.87%	-7.2%
SCHZ	Buy	SCHWAB US AGGREGATE BOND	$1,810,000	+5.7%	33,613	+4.0%	0.86%	+3.0%
SCHF	Buy	SCHWAB INTERNATIONAL EQUITY	$1,799,000	+6.3%	56,480	+7.0%	0.86%	+3.5%
ESBK	Buy	ELMIRA SAVINGS BANK	$1,786,000	-11.1%	126,919	+1.4%	0.85%	-13.3%
NOC	Sell	NORTHROP GRUMMAN CORP	$1,734,000	+7.5%	4,626	-7.3%	0.82%	+4.7%
GS	Sell	GOLDMAN SACHS GROUP INC	$1,522,000	+0.6%	7,346	-0.7%	0.72%	-2.0%
HYS	Buy	PIMCO ETF TRUST	$1,359,000	+13.6%	13,618	+14.3%	0.65%	+10.8%
DXJ	Sell	WISDOM TREE JAPAN HEDGED EQUIT	$1,347,000	-15.3%	26,700	-18.2%	0.64%	-17.4%
SCHA	Buy	SCHWAB US SMALL-CAP	$1,330,000	+4.0%	19,070	+6.6%	0.63%	+1.3%
MO	Sell	ALTRIA GROUP INC	$1,290,000	-14.0%	31,541	-0.5%	0.61%	-16.1%
PM	Buy	PHILIP MORRIS INTERNATIONAL IN	$1,006,000	-3.3%	13,248	+0.0%	0.48%	-5.7%
SPY	Buy	SPDR S&P 500 ETF	$972,000	+2.7%	3,276	+1.4%	0.46%	+0.2%
JPIN	Buy	JPMORGAN DIVERSIFIED RETURN IN	$730,000	+7.4%	13,724	+9.9%	0.35%	+4.5%
MDLZ	Buy	MONDELEZ INTERNATIONAL INC	$701,000	+2.6%	12,669	+0.0%	0.33%	0.0%
PGX	Buy	INVESCO PREFERRED ETF	$398,000	+22.5%	26,485	+19.1%	0.19%	+19.6%
BSCK	New	INVESCO BULLETSHARES 2020 CORP	$361,000	–	16,970	–	0.17%	–
IBM	Buy	INTL BUSINESS MACHINES	$353,000	+5.7%	2,429	+0.2%	0.17%	+3.1%
SLYV	Sell	SPDR S&P 600 SMALL CAP VALUE E	$354,000	-6.3%	5,773	-7.4%	0.17%	-8.7%
INTC	Buy	INTEL CORP	$347,000	+7.8%	6,726	+0.0%	0.16%	+5.1%
JNJ	Buy	JOHNSON & JOHNSON	$318,000	-7.0%	2,458	+0.0%	0.15%	-9.6%
BOND	New	PIMCO TOTAL RETURN ETF	$212,000	–	1,950	–	0.10%	–
TFI	Sell	SPDR SERIES TRUST - NUVEEN BAR	$208,000	-0.5%	4,104	-1.7%	0.10%	-2.9%
GE	Sell	GENERAL ELECTRIC CO	$188,000	-16.8%	21,037	-2.3%	0.09%	-19.1%
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-6,342	–	-0.20%	–
XES	Exit	SPDR S&P OIL & GAS EQUIPMENT &	$0	–	-129,620	–	-0.61%	–

Q2 2019

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$17,164,000	–	9,064	–	8.37%	–
SCHX	New	SCHWAB US LARGE-CAP	$16,258,000	–	231,623	–	7.93%	–
AAPL	New	APPLE INC	$10,953,000	–	55,340	–	5.34%	–
VZ	New	VERIZON COMMUNICATIONS	$9,962,000	–	174,377	–	4.86%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$8,599,000	–	78,815	–	4.19%	–
MDT	New	MEDTRONIC	$6,751,000	–	69,319	–	3.29%	–
ISRG	New	INTUITIVE SURGICAL	$6,489,000	–	12,370	–	3.16%	–
RYT	New	INVESCO S&P 500 EQ WT TECHNOLO	$6,452,000	–	36,363	–	3.15%	–
GLW	New	CORNING INC	$6,060,000	–	182,369	–	2.96%	–
GOOGL	New	ALPHABET INC CLASS A	$5,872,000	–	5,423	–	2.86%	–
JPM	New	J.P. MORGAN CHASE & CO	$5,679,000	–	50,799	–	2.77%	–
XLNX	New	XILINX INC	$5,460,000	–	46,305	–	2.66%	–
LYB	New	LYONDELLBASELL INDUSTRIES	$5,431,000	–	63,052	–	2.65%	–
KO	New	COCA-COLA CO	$5,422,000	–	106,477	–	2.64%	–
CVS	New	CVS CORP	$5,312,000	–	97,477	–	2.59%	–
TRP	New	TC ENERGY CORP	$4,580,000	–	92,490	–	2.23%	–
PANW	New	PALO ALTO NETWORKS INC	$4,416,000	–	21,672	–	2.15%	–
PEP	New	PEPSICO INC	$4,134,000	–	31,526	–	2.02%	–
MSFT	New	MICROSOFT CORP	$4,084,000	–	30,490	–	1.99%	–
LOW	New	LOWES COMPANIES INC	$4,053,000	–	40,164	–	1.98%	–
KEY	New	KEYCORP INC	$3,410,000	–	192,124	–	1.66%	–
DFS	New	DISCOVER FINANCIAL SVCS	$3,225,000	–	41,564	–	1.57%	–
CVX	New	CHEVRON CORP	$2,981,000	–	23,959	–	1.45%	–
GRMN	New	GARMIN LTD	$2,968,000	–	37,198	–	1.45%	–
ZTS	New	ZOETIS INC	$2,690,000	–	23,703	–	1.31%	–
XOM	New	EXXON MOBIL CORP	$2,665,000	–	34,776	–	1.30%	–
UTX	New	UNITED TECHNOLOGIES	$2,585,000	–	19,856	–	1.26%	–
UNP	New	UNION PACIFIC CORP	$2,505,000	–	14,810	–	1.22%	–
CORP	New	PIMCO INVESTMENT GRADE CORP BO	$2,503,000	–	23,296	–	1.22%	–
DEF	New	INVESCO DEFENSIVE EQUITY ETF	$2,454,000	–	46,417	–	1.20%	–
RHHBY	New	ROCHE HOLDING AG	$2,358,000	–	67,180	–	1.15%	–
ULTA	New	ULTA BEAUTY INC	$2,248,000	–	6,480	–	1.10%	–
QLTA	New	ISHARES AAA - A RATED CORPORAT	$2,163,000	–	40,232	–	1.06%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$2,148,000	–	10,601	–	1.05%	–
ESBK	New	ELMIRA SAVINGS BANK	$2,008,000	–	125,121	–	0.98%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$1,926,000	–	52,256	–	0.94%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$1,713,000	–	32,320	–	0.84%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$1,693,000	–	52,769	–	0.83%	–
NOC	New	NORTHROP GRUMMAN CORP	$1,613,000	–	4,991	–	0.79%	–
DXJ	New	WISDOM TREE JAPAN HEDGED EQUIT	$1,590,000	–	32,645	–	0.78%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,513,000	–	7,396	–	0.74%	–
MO	New	ALTRIA GROUP INC	$1,500,000	–	31,688	–	0.73%	–
SCHA	New	SCHWAB US SMALL-CAP	$1,279,000	–	17,889	–	0.62%	–
XES	New	SPDR S&P OIL & GAS EQUIPMENT &	$1,246,000	–	129,620	–	0.61%	–
HYS	New	PIMCO ETF TRUST	$1,196,000	–	11,912	–	0.58%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,040,000	–	13,246	–	0.51%	–
SPY	New	SPDR S&P 500 ETF	$946,000	–	3,230	–	0.46%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$683,000	–	12,668	–	0.33%	–
JPIN	New	JPMORGAN DIVERSIFIED RETURN IN	$680,000	–	12,487	–	0.33%	–
TGT	New	TARGET CORP	$427,000	–	4,925	–	0.21%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$404,000	–	6,342	–	0.20%	–
SLYV	New	SPDR S&P 600 SMALL CAP VALUE E	$378,000	–	6,233	–	0.18%	–
CSCO	New	CISCO SYSTEMS INC	$360,000	–	6,570	–	0.18%	–
JNJ	New	JOHNSON & JOHNSON	$342,000	–	2,457	–	0.17%	–
IBM	New	INTL BUSINESS MACHINES	$334,000	–	2,425	–	0.16%	–
PGX	New	INVESCO PREFERRED ETF	$325,000	–	22,235	–	0.16%	–
INTC	New	INTEL CORP	$322,000	–	6,725	–	0.16%	–
DIS	New	WALT DISNEY CO	$312,000	–	2,234	–	0.15%	–
IAU	New	ISHARES TR COMEX GOLD	$271,000	–	20,069	–	0.13%	–
MRK	New	MERCK & CO INC	$266,000	–	3,175	–	0.13%	–
AMAT	New	APPLIED MATERIALS INC	$225,000	–	5,000	–	0.11%	–
GE	New	GENERAL ELECTRIC CO	$226,000	–	21,534	–	0.11%	–
TFI	New	SPDR SERIES TRUST - NUVEEN BAR	$209,000	–	4,174	–	0.10%	–

Q4 2018

			Value		Shares		↓ Weighting
XLK	Exit	TECHNOLOGY SPDR	$0	–	-2,774	–	-0.09%	–
TFI	Exit	SPDR SERIES TRUST - NUVEEN BAR	$0	–	-4,453	–	-0.09%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-20,069	–	-0.10%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,472	–	-0.11%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-23,058	–	-0.11%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-5,261	–	-0.12%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-3,650	–	-0.12%	–
DIS	Exit	WALT DISNEY CO	$0	–	-2,449	–	-0.12%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-5,916	–	-0.12%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,490	–	-0.15%	–
PGX	Exit	INVESCO PREFERRED ETF	$0	–	-24,850	–	-0.15%	–
TGT	Exit	TARGET CORP	$0	–	-5,075	–	-0.19%	–
RYH	Exit	INVESCO S&P 500 EQ WEIGHT HC	$0	–	-2,413	–	-0.22%	–
KO	Exit	COCA-COLA CO	$0	–	-11,290	–	-0.23%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-13,367	–	-0.25%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-12,352	–	-0.41%	–
SCHP	Exit	SCHWAB US TIPS ETF	$0	–	-18,591	–	-0.44%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-9,153	–	-0.45%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-3,804	–	-0.48%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-13,567	–	-0.48%	–
	Exit	ALLERGAN INC	$0	–	-8,820	–	-0.73%	–
BSCL	Exit	INVESCO BULLETSHARES 2021 CORP	$0	–	-85,444	–	-0.77%	–
BSCK	Exit	INVESCO BULLETSHARES 2020 CORP	$0	–	-98,790	–	-0.90%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-22,313	–	-0.97%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-67,653	–	-1.09%	–
LH	Exit	LABORATORY CORP OF AMERICAN HO	$0	–	-15,460	–	-1.16%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-12,090	–	-1.18%	–
GRMN	Exit	GARMIN LTD	$0	–	-39,657	–	-1.20%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-139,480	–	-1.23%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-17,515	–	-1.24%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-58,957	–	-1.34%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-36,766	–	-1.36%	–
KEY	Exit	KEYCORP INC	$0	–	-158,197	–	-1.36%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-14,091	–	-1.37%	–
CVX	Exit	CHEVRON CORP	$0	–	-25,977	–	-1.38%	–
KBWR	Exit	INVESCO KBW REGIONAL BANKING E	$0	–	-57,299	–	-1.39%	–
DXJ	Exit	WISDOM TREE JAPAN HEDGED EQUIT	$0	–	-55,285	–	-1.39%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-23,275	–	-1.41%	–
SLYV	Exit	SPDR S&P 600 SMALL CAP VALUE E	$0	–	-47,977	–	-1.42%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-106,524	–	-1.55%	–
TRP	Exit	TRANSCANADA CORP	$0	–	-90,270	–	-1.58%	–
DFS	Exit	DISCOVER FINANCIAL SVCS	$0	–	-48,061	–	-1.59%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-61,825	–	-1.63%	–
PEP	Exit	PEPSICO INC	$0	–	-35,166	–	-1.70%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-35,200	–	-1.72%	–
XLNX	Exit	XILINX INC	$0	–	-49,915	–	-1.74%	–
T	Exit	AT&T CORP NEW	$0	–	-128,880	–	-1.88%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-71,846	–	-1.88%	–
ZTS	Exit	ZOETIS INC	$0	–	-48,652	–	-1.93%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-33,676	–	-2.21%	–
INTC	Exit	INTEL CORP	$0	–	-108,247	–	-2.22%	–
RIO	Exit	RIO TINTO PLC	$0	–	-101,272	–	-2.24%	–
CVS	Exit	CVS CORP	$0	–	-67,358	–	-2.30%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-4,402	–	-2.30%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-21,024	–	-2.89%	–
GLW	Exit	CORNING INC	$0	–	-189,905	–	-2.91%	–
MDT	Exit	MEDTRONIC	$0	–	-69,238	–	-2.95%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-12,095	–	-3.01%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-62,709	–	-3.12%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-205,017	–	-4.75%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-94,224	–	-4.98%	–
AAPL	Exit	APPLE INC	$0	–	-54,215	–	-5.31%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-209,377	–	-6.32%	–
AMZN	Exit	AMAZON COM INC	$0	–	-9,134	–	-7.94%	–

Q3 2018

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$18,295,000	-4.3%	9,134	-18.8%	7.94%	-9.8%
SCHX	Buy	SCHWAB US LARGE-CAP	$14,564,000	+26.3%	209,377	+18.0%	6.32%	+19.1%
AAPL	Sell	APPLE INC	$12,239,000	+2.7%	54,215	-15.8%	5.31%	-3.2%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$11,490,000	+9.6%	94,224	-1.3%	4.98%	+3.3%
VZ	Buy	VERIZON COMMUNICATIONS	$10,946,000	+6.5%	205,017	+0.4%	4.75%	+0.4%
LOW	Sell	LOWES COMPANIES INC	$7,200,000	+8.4%	62,709	-9.8%	3.12%	+2.2%
ISRG	Sell	INTUITIVE SURGICAL	$6,943,000	-5.9%	12,095	-21.6%	3.01%	-11.3%
MDT	Sell	MEDTRONIC	$6,811,000	+14.4%	69,238	-0.5%	2.95%	+7.8%
GLW	Sell	CORNING INC	$6,704,000	+28.0%	189,905	-0.3%	2.91%	+20.7%
NOC	Buy	NORTHROP GRUMMAN CORP	$6,672,000	+16.4%	21,024	+12.9%	2.89%	+9.8%
GOOGL	Sell	ALPHABET INC CLASS A	$5,314,000	-7.7%	4,402	-13.7%	2.30%	-13.0%
CVS	Buy	CVS CORP	$5,302,000	+27.8%	67,358	+4.5%	2.30%	+20.5%
RIO	Buy	RIO TINTO PLC	$5,167,000	+21.2%	101,272	+31.8%	2.24%	+14.3%
INTC	Sell	INTEL CORP	$5,119,000	-9.4%	108,247	-4.7%	2.22%	-14.6%
IBM	Buy	INTL BUSINESS MACHINES	$5,092,000	+19.5%	33,676	+10.4%	2.21%	+12.7%
ZTS	Sell	ZOETIS INC	$4,455,000	+6.9%	48,652	-0.5%	1.93%	+0.8%
MO	Buy	ALTRIA GROUP INC	$4,333,000	+9.3%	71,846	+3.0%	1.88%	+3.1%
T	Buy	AT&T CORP NEW	$4,328,000	+12.8%	128,880	+7.8%	1.88%	+6.3%
XLNX	New	XILINX INC	$4,002,000	–	49,915	–	1.74%	–
JPM	Buy	J.P. MORGAN CHASE & CO	$3,972,000	+9.6%	35,200	+1.2%	1.72%	+3.3%
PEP	Sell	PEPSICO INC	$3,932,000	-32.9%	35,166	-34.7%	1.70%	-36.8%
SLB	Buy	SCHLUMBERGER LTD	$3,766,000	-7.4%	61,825	+1.9%	1.63%	-12.8%
DFS	Buy	DISCOVER FINANCIAL SVCS	$3,674,000	+13.3%	48,061	+4.3%	1.59%	+6.8%
TRP	Buy	TRANSCANADA CORP	$3,652,000	-2.9%	90,270	+3.7%	1.58%	-8.4%
SCHF	Sell	SCHWAB INTERNATIONAL EQUITY	$3,572,000	-14.1%	106,524	-15.3%	1.55%	-19.0%
SLYV	Buy	SPDR S&P 600 SMALL CAP VALUE E	$3,275,000	+19.8%	47,977	+17.3%	1.42%	+13.0%
UTX	Sell	UNITED TECHNOLOGIES	$3,254,000	+10.0%	23,275	-1.6%	1.41%	+3.7%
DXJ	Buy	WISDOM TREE JAPAN HEDGED EQUIT	$3,204,000	+51.6%	55,285	+41.2%	1.39%	+42.9%
KBWR	Buy	INVESCO KBW REGIONAL BANKING E	$3,198,000	+1.7%	57,299	+5.6%	1.39%	-4.1%
CVX	Sell	CHEVRON CORP	$3,177,000	-4.3%	25,977	-1.0%	1.38%	-9.8%
GS	Buy	GOLDMAN SACHS GROUP INC	$3,160,000	+5.0%	14,091	+3.3%	1.37%	-1.0%
KEY	Buy	KEYCORP INC	$3,147,000	+5.5%	158,197	+3.6%	1.36%	-0.5%
XOM	Buy	EXXON MOBIL CORP	$3,126,000	+4.0%	36,766	+1.2%	1.36%	-2.0%
FBHS	Sell	FORTUNE BRANDS HOME & SECURITY	$3,087,000	-5.2%	58,957	-2.8%	1.34%	-10.6%
UNP	Buy	UNION PACIFIC CORP	$2,852,000	+15.7%	17,515	+0.6%	1.24%	+9.0%
ESBK	Sell	ELMIRA SAVINGS BANK	$2,845,000	-6.3%	139,480	-5.8%	1.23%	-11.7%
GRMN	Sell	GARMIN LTD	$2,778,000	-19.5%	39,657	-29.9%	1.20%	-24.2%
PANW	Sell	PALO ALTO NETWORKS INC	$2,723,000	-25.4%	12,090	-31.9%	1.18%	-29.6%
LH	Sell	LABORATORY CORP OF AMERICAN HO	$2,685,000	-5.9%	15,460	-2.7%	1.16%	-11.2%
PFF	Sell	ISHARES S&P U.S. PREFERRED STO	$2,512,000	-7.4%	67,653	-6.0%	1.09%	-12.7%
HYS	Buy	PIMCO ETF TRUST	$2,245,000	+8.1%	22,313	+7.0%	0.97%	+2.0%
BSCK	New	INVESCO BULLETSHARES 2020 CORP	$2,082,000	–	98,790	–	0.90%	–
BSCL	New	INVESCO BULLETSHARES 2021 CORP	$1,772,000	–	85,444	–	0.77%	–
	New	ALLERGAN INC	$1,680,000	–	8,820	–	0.73%	–
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$1,106,000	-2.6%	13,567	-3.5%	0.48%	-8.0%
SPY	Sell	SPDR S&P 500 ETF	$1,106,000	-2.1%	3,804	-8.7%	0.48%	-7.7%
MSFT	Sell	MICROSOFT CORP	$1,047,000	+14.4%	9,153	-1.3%	0.45%	+7.8%
SCHP	Buy	SCHWAB US TIPS ETF	$1,003,000	+6.7%	18,591	+8.6%	0.44%	+0.7%
SCHA	New	SCHWAB US SMALL-CAP	$941,000	–	12,352	–	0.41%	–
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$574,000	+3.6%	13,367	-1.1%	0.25%	-2.4%
KO	Sell	COCA-COLA CO	$521,000	+3.0%	11,290	-2.1%	0.23%	-3.0%
RYH	Sell	INVESCO S&P 500 EQ WEIGHT HC	$497,000	+2.7%	2,413	-9.0%	0.22%	-3.1%
TGT	Sell	TARGET CORP	$448,000	+12.0%	5,075	-3.3%	0.19%	+5.4%
XLE	Sell	SECTOR SPDR ENERGY SELECT SHAR	$276,000	-13.2%	3,650	-12.9%	0.12%	-17.8%
SCHZ	Sell	SCHWAB US AGGREGATE BOND	$264,000	-89.5%	5,261	-89.4%	0.12%	-90.1%
GE	Sell	GENERAL ELECTRIC CO	$260,000	-19.0%	23,058	-2.1%	0.11%	-23.6%
MRK	Sell	MERCK & CO INC	$246,000	+13.4%	3,472	-3.0%	0.11%	+7.0%
TFI	Sell	SPDR SERIES TRUST - NUVEEN BAR	$211,000	-80.2%	4,453	-80.0%	0.09%	-81.3%
XLK	New	TECHNOLOGY SPDR	$209,000	–	2,774	–	0.09%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.11%	–
AGN	Exit	ALLERGAN INC	$0	–	-8,570	–	-0.66%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUE ETF	$0	–	-37,708	–	-0.90%	–

Q2 2018

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$19,111,000	–	11,243	–	8.79%	–
AAPL	New	APPLE INC	$11,921,000	–	64,399	–	5.48%	–
SCHX	New	SCHWAB US LARGE-CAP	$11,533,000	–	177,458	–	5.31%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$10,488,000	–	95,504	–	4.82%	–
VZ	New	VERIZON COMMUNICATIONS	$10,277,000	–	204,278	–	4.73%	–
ISRG	New	INTUITIVE SURGICAL	$7,382,000	–	15,429	–	3.40%	–
LOW	New	LOWES COMPANIES INC	$6,641,000	–	69,492	–	3.06%	–
MDT	New	MEDTRONIC	$5,956,000	–	69,571	–	2.74%	–
PEP	New	PEPSICO INC	$5,862,000	–	53,841	–	2.70%	–
GOOGL	New	ALPHABET INC CLASS A	$5,759,000	–	5,100	–	2.65%	–
NOC	New	NORTHROP GRUMMAN CORP	$5,730,000	–	18,623	–	2.64%	–
INTC	New	INTEL CORP	$5,649,000	–	113,629	–	2.60%	–
GLW	New	CORNING INC	$5,237,000	–	190,381	–	2.41%	–
RIO	New	RIO TINTO PLC	$4,262,000	–	76,826	–	1.96%	–
IBM	New	INTL BUSINESS MACHINES	$4,260,000	–	30,496	–	1.96%	–
ZTS	New	ZOETIS INC	$4,167,000	–	48,911	–	1.92%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$4,158,000	–	125,813	–	1.91%	–
CVS	New	CVS CORP	$4,149,000	–	64,481	–	1.91%	–
SLB	New	SCHLUMBERGER LTD	$4,068,000	–	60,682	–	1.87%	–
MO	New	ALTRIA GROUP INC	$3,963,000	–	69,781	–	1.82%	–
T	New	AT&T CORP NEW	$3,838,000	–	119,521	–	1.77%	–
TRP	New	TRANSCANADA CORP	$3,761,000	–	87,070	–	1.73%	–
PANW	New	PALO ALTO NETWORKS INC	$3,648,000	–	17,755	–	1.68%	–
JPM	New	J.P. MORGAN CHASE & CO	$3,625,000	–	34,790	–	1.67%	–
GRMN	New	GARMIN LTD	$3,453,000	–	56,606	–	1.59%	–
CVX	New	CHEVRON CORP	$3,319,000	–	26,252	–	1.53%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$3,257,000	–	60,656	–	1.50%	–
DFS	New	DISCOVER FINANCIAL SVCS	$3,243,000	–	46,061	–	1.49%	–
KBWR	New	INVESCO KBW REGIONAL BANKING E	$3,143,000	–	54,252	–	1.45%	–
ESBK	New	ELMIRA SAVINGS BANK	$3,036,000	–	148,111	–	1.40%	–
GS	New	GOLDMAN SACHS GROUP INC	$3,010,000	–	13,646	–	1.38%	–
XOM	New	EXXON MOBIL CORP	$3,006,000	–	36,341	–	1.38%	–
KEY	New	KEYCORP INC	$2,983,000	–	152,665	–	1.37%	–
UTX	New	UNITED TECHNOLOGIES	$2,958,000	–	23,660	–	1.36%	–
LH	New	LABORATORY CORP OF AMERICAN HO	$2,852,000	–	15,885	–	1.31%	–
SLYV	New	SPDR S&P 600 SMALL CAP VALUE E	$2,733,000	–	40,912	–	1.26%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$2,714,000	–	71,965	–	1.25%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$2,518,000	–	49,717	–	1.16%	–
UNP	New	UNION PACIFIC CORP	$2,466,000	–	17,405	–	1.14%	–
DXJ	New	WISDOM TREE JAPAN HEDGED EQUIT	$2,114,000	–	39,160	–	0.97%	–
HYS	New	PIMCO ETF TRUST	$2,076,000	–	20,858	–	0.96%	–
MDYV	New	SPDR S&P 400 MID CAP VALUE ETF	$1,962,000	–	37,708	–	0.90%	–
AGN	New	ALLERGAN INC	$1,429,000	–	8,570	–	0.66%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,135,000	–	14,061	–	0.52%	–
SPY	New	SPDR S&P 500 ETF	$1,130,000	–	4,165	–	0.52%	–
TFI	New	SPDR SERIES TRUST - NUVEEN BAR	$1,067,000	–	22,230	–	0.49%	–
SCHP	New	SCHWAB US TIPS ETF	$940,000	–	17,113	–	0.43%	–
MSFT	New	MICROSOFT CORP	$915,000	–	9,276	–	0.42%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$554,000	–	13,519	–	0.26%	–
KO	New	COCA-COLA CO	$506,000	–	11,528	–	0.23%	–
RYH	New	INVESCO S&P 500 EQ WEIGHT HC	$484,000	–	2,651	–	0.22%	–
TGT	New	TARGET CORP	$400,000	–	5,250	–	0.18%	–
PGX	New	INVESCO PREFERRED ETF	$362,000	–	24,850	–	0.17%	–
GE	New	GENERAL ELECTRIC CO	$321,000	–	23,564	–	0.15%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$318,000	–	4,190	–	0.15%	–
JNJ	New	JOHNSON & JOHNSON	$302,000	–	2,490	–	0.14%	–
DIS	New	WALT DISNEY CO	$257,000	–	2,449	–	0.12%	–
CSCO	New	CISCO SYSTEMS INC	$255,000	–	5,916	–	0.12%	–
IAU	New	ISHARES TR COMEX GOLD	$241,000	–	20,069	–	0.11%	–
AMAT	New	APPLIED MATERIALS INC	$231,000	–	5,000	–	0.11%	–
MRK	New	MERCK & CO INC	$217,000	–	3,581	–	0.10%	–

Q4 2017

			Value		Shares		↓ Weighting
PHYS	Exit	SPROTT PHYSICAL GOLD TRUST	$0	–	-10,113	–	-0.05%	–
PGX	Exit	POWERSHARES PREFERRED ETF	$0	–	-11,225	–	-0.08%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,671	–	-0.11%	–
DIS	Exit	WALT DISNEY CO	$0	–	-2,374	–	-0.12%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,739	–	-0.12%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-20,069	–	-0.12%	–
AMAT	Exit	APPLIED MATERIALS INC	$0	–	-5,000	–	-0.13%	–
TGT	Exit	TARGET CORP	$0	–	-5,875	–	-0.18%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-2,948	–	-0.19%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-6,604	–	-0.23%	–
KO	Exit	COCA-COLA CO	$0	–	-12,646	–	-0.29%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-14,596	–	-0.30%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,315	–	-0.32%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-9,167	–	-0.34%	–
RYH	Exit	GUGGENHEIM S&P 500 EQ WEIGHT H	$0	–	-4,735	–	-0.42%	–
SCHP	Exit	SCHWAB US TIPS ETF	$0	–	-16,480	–	-0.46%	–
LH	Exit	LABORATORY CORP OF AMERICAN HO	$0	–	-6,248	–	-0.47%	–
TFI	Exit	SPDR SERIES TRUST - NUVEEN BAR	$0	–	-21,485	–	-0.53%	–
HCRSQ	Exit	HI-CRUSH PARTNERS LP	$0	–	-131,425	–	-0.63%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-5,796	–	-0.73%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-14,658	–	-0.82%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-38,787	–	-1.02%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-20,113	–	-1.03%	–
ASTE	Exit	ASTEC INDUSTRIES INC	$0	–	-40,116	–	-1.13%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-19,955	–	-1.16%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-37,365	–	-1.27%	–
FEZ	Exit	SPDR EURO STOXX 50	$0	–	-61,340	–	-1.27%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-10,311	–	-1.49%	–
OXY	Exit	OCCIDENTAL PETROLEUM CORP	$0	–	-46,567	–	-1.50%	–
NWL	Exit	NEWELL RUBBERMAID	$0	–	-70,523	–	-1.51%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-38,481	–	-1.59%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-82,991	–	-1.62%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-14,086	–	-1.68%	–
JPM	Exit	J.P. MORGAN CHASE & CO	$0	–	-35,728	–	-1.72%	–
CVS	Exit	CVS CORP	$0	–	-42,482	–	-1.74%	–
CVX	Exit	CHEVRON CORP	$0	–	-29,614	–	-1.75%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-174,853	–	-1.77%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-30,397	–	-1.78%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-67,154	–	-1.82%	–
NKE	Exit	NIKE INC	$0	–	-73,780	–	-1.92%	–
GRMN	Exit	GARMIN LTD	$0	–	-70,997	–	-1.93%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-55,124	–	-1.93%	–
PEP	Exit	PEPSICO INC	$0	–	-39,218	–	-2.20%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-69,109	–	-2.20%	–
T	Exit	AT&T CORP NEW	$0	–	-112,764	–	-2.22%	–
INTC	Exit	INTEL CORP	$0	–	-121,191	–	-2.32%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-4,827	–	-2.36%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-206,500	–	-2.51%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-150,696	–	-2.54%	–
ZTS	Exit	ZOETIS INC	$0	–	-79,377	–	-2.55%	–
MDT	Exit	MEDTRONIC	$0	–	-66,441	–	-2.60%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-81,631	–	-2.76%	–
GLW	Exit	CORNING INC	$0	–	-189,843	–	-2.86%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-5,853	–	-3.08%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-83,467	–	-3.36%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-206,291	–	-5.14%	–
AAPL	Exit	APPLE INC	$0	–	-66,929	–	-5.19%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-32,002	–	-5.37%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-183,051	–	-5.53%	–
AMZN	Exit	AMAZON COM INC	$0	–	-12,270	–	-5.94%	–

Q3 2017

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$11,796,000	-1.5%	12,270	-0.8%	5.94%	-7.3%
SCHX	Buy	SCHWAB US LARGE-CAP	$10,990,000	+6.5%	183,051	+2.5%	5.53%	+0.3%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$10,676,000	+6.9%	32,002	-0.7%	5.37%	+0.6%
AAPL	Sell	APPLE INC	$10,315,000	-2.7%	66,929	-9.1%	5.19%	-8.4%
VZ	Buy	VERIZON COMMUNICATIONS	$10,209,000	+11.8%	206,291	+0.9%	5.14%	+5.2%
LOW	Buy	LOWES COMPANIES INC	$6,672,000	+53.4%	83,467	+48.8%	3.36%	+44.4%
ISRG	Sell	INTUITIVE SURGICAL	$6,122,000	+6.7%	5,853	-4.6%	3.08%	+0.4%
GLW	Sell	CORNING INC	$5,680,000	-1.7%	189,843	-1.3%	2.86%	-7.5%
FBHS	Sell	FORTUNE BRANDS HOME & SECURITY	$5,488,000	-2.1%	81,631	-5.0%	2.76%	-7.9%
MDT	Buy	MEDTRONIC	$5,167,000	+379.8%	66,441	+447.7%	2.60%	+351.4%
ZTS	Sell	ZOETIS INC	$5,061,000	-5.0%	79,377	-7.1%	2.55%	-10.6%
SCHF	Buy	SCHWAB INTERNATIONAL EQUITY	$5,044,000	+12.1%	150,696	+6.5%	2.54%	+5.6%
GE	Buy	GENERAL ELECTRIC CO	$4,993,000	+13.6%	206,500	+26.8%	2.51%	+6.9%
GOOGL	Buy	ALPHABET INC CLASS A	$4,700,000	+6.4%	4,827	+1.6%	2.36%	+0.1%
INTC	Sell	INTEL CORP	$4,615,000	+10.8%	121,191	-1.8%	2.32%	+4.3%
T	Buy	AT&T CORP NEW	$4,417,000	+60.8%	112,764	+54.9%	2.22%	+51.4%
MO	Buy	ALTRIA GROUP INC	$4,383,000	+5.4%	69,109	+23.7%	2.20%	-0.8%
PEP	Sell	PEPSICO INC	$4,370,000	-4.8%	39,218	-1.3%	2.20%	-10.4%
SLB	Buy	SCHLUMBERGER LTD	$3,845,000	+8.3%	55,124	+2.2%	1.93%	+1.9%
GRMN	Sell	GARMIN LTD	$3,832,000	-18.7%	70,997	-23.1%	1.93%	-23.5%
NKE	Buy	NIKE INC	$3,825,000	+0.1%	73,780	+14.0%	1.92%	-5.8%
SBUX	Buy	STARBUCKS CORP	$3,607,000	-6.7%	67,154	+1.3%	1.82%	-12.2%
UTX	Sell	UNITED TECHNOLOGIES	$3,529,000	-11.1%	30,397	-6.5%	1.78%	-16.4%
ESBK	Sell	ELMIRA SAVINGS BANK	$3,515,000	-4.7%	174,853	-3.8%	1.77%	-10.4%
CVX	Sell	CHEVRON CORP	$3,480,000	+11.6%	29,614	-0.9%	1.75%	+5.0%
CVS	Buy	CVS CORP	$3,455,000	+3.4%	42,482	+2.3%	1.74%	-2.7%
JPM	Sell	J.P. MORGAN CHASE & CO	$3,412,000	+3.4%	35,728	-1.1%	1.72%	-2.7%
GS	Sell	GOLDMAN SACHS GROUP INC	$3,341,000	-0.7%	14,086	-7.1%	1.68%	-6.5%
PFF	Sell	ISHARES S&P U.S. PREFERRED STO	$3,221,000	-3.0%	82,991	-2.1%	1.62%	-8.7%
XOM	Buy	EXXON MOBIL CORP	$3,155,000	+9.9%	38,481	+8.2%	1.59%	+3.4%
NWL	Buy	NEWELL RUBBERMAID	$3,009,000	+20.7%	70,523	+51.8%	1.51%	+13.7%
OXY	Buy	OCCIDENTAL PETROLEUM CORP	$2,990,000	+15.3%	46,567	+7.5%	1.50%	+8.5%
NOC	Buy	NORTHROP GRUMMAN CORP	$2,967,000	+12.5%	10,311	+0.3%	1.49%	+5.9%
FEZ	Buy	SPDR EURO STOXX 50	$2,530,000	+11.5%	61,340	+3.9%	1.27%	+4.9%
SCHA	Buy	SCHWAB US SMALL-CAP	$2,517,000	+7.7%	37,365	+2.1%	1.27%	+1.3%
UNP	Sell	UNION PACIFIC CORP	$2,314,000	+1.3%	19,955	-4.9%	1.16%	-4.7%
ASTE	Buy	ASTEC INDUSTRIES INC	$2,247,000	+7.3%	40,116	+6.4%	1.13%	+1.1%
HYS	Buy	PIMCO ETF TRUST	$2,042,000	+9.7%	20,113	+9.6%	1.03%	+3.2%
SCHZ	Buy	SCHWAB US AGGREGATE BOND	$2,031,000	+14.9%	38,787	+14.7%	1.02%	+8.1%
SPY	Sell	SPDR S&P 500 ETF	$1,456,000	-6.7%	5,796	-10.2%	0.73%	-12.1%
HCRSQ	Buy	HI-CRUSH PARTNERS LP	$1,249,000	-7.1%	131,425	+6.1%	0.63%	-12.7%
TFI	Buy	SPDR SERIES TRUST - NUVEEN BAR	$1,051,000	+22.4%	21,485	+21.7%	0.53%	+15.3%
LH	Sell	LABORATORY CORP OF AMERICAN HO	$943,000	-2.4%	6,248	-0.4%	0.47%	-8.1%
SCHP	Buy	SCHWAB US TIPS ETF	$911,000	+24.5%	16,480	+24.0%	0.46%	+17.1%
RYH	Sell	GUGGENHEIM S&P 500 EQ WEIGHT H	$830,000	-27.1%	4,735	-27.6%	0.42%	-31.2%
MSFT	Sell	MICROSOFT CORP	$683,000	+6.9%	9,167	-1.1%	0.34%	+0.6%
IBM	Buy	INTL BUSINESS MACHINES	$626,000	-4.1%	4,315	+1.7%	0.32%	-9.7%
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$593,000	-8.3%	14,596	-2.6%	0.30%	-13.9%
KO	Sell	COCA-COLA CO	$569,000	-11.6%	12,646	-12.0%	0.29%	-16.9%
JNJ	Sell	JOHNSON & JOHNSON	$383,000	-3.0%	2,948	-1.3%	0.19%	-8.5%
MRK	Sell	MERCK & CO INC	$239,000	-1.2%	3,739	-1.0%	0.12%	-7.0%
PGX	New	POWERSHARES PREFERRED ETF	$169,000	–	11,225	–	0.08%	–
PHYS	Sell	SPROTT PHYSICAL GOLD TRUST	$106,000	-52.5%	10,113	-54.1%	0.05%	-55.5%
RHT	Exit	RED HAT INC	$0	–	-15,940	–	-0.82%	–

Q2 2017

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$11,971,000	–	12,367	–	6.40%	–
AAPL	New	APPLE INC	$10,605,000	–	73,632	–	5.67%	–
SCHX	New	SCHWAB US LARGE-CAP	$10,317,000	–	178,587	–	5.52%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$9,989,000	–	32,213	–	5.34%	–
VZ	New	VERIZON COMMUNICATIONS	$9,133,000	–	204,492	–	4.88%	–
GLW	New	CORNING INC	$5,781,000	–	192,393	–	3.09%	–
ISRG	New	INTUITIVE SURGICAL	$5,737,000	–	6,133	–	3.07%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$5,606,000	–	85,926	–	3.00%	–
ZTS	New	ZOETIS INC	$5,330,000	–	85,451	–	2.85%	–
GRMN	New	GARMIN LTD	$4,712,000	–	92,346	–	2.52%	–
PEP	New	PEPSICO INC	$4,588,000	–	39,728	–	2.45%	–
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$4,498,000	–	141,534	–	2.40%	–
GOOGL	New	ALPHABET INC CLASS A	$4,418,000	–	4,752	–	2.36%	–
GE	New	GENERAL ELECTRIC CO	$4,397,000	–	162,796	–	2.35%	–
LOW	New	LOWES COMPANIES INC	$4,349,000	–	56,090	–	2.32%	–
INTC	New	INTEL CORP	$4,166,000	–	123,462	–	2.23%	–
MO	New	ALTRIA GROUP INC	$4,159,000	–	55,851	–	2.22%	–
UTX	New	UNITED TECHNOLOGIES	$3,971,000	–	32,518	–	2.12%	–
SBUX	New	STARBUCKS CORP	$3,866,000	–	66,303	–	2.07%	–
NKE	New	NIKE INC	$3,820,000	–	64,745	–	2.04%	–
ESBK	New	ELMIRA SAVINGS BANK	$3,690,000	–	181,783	–	1.97%	–
SLB	New	SCHLUMBERGER LTD	$3,550,000	–	53,925	–	1.90%	–
GS	New	GOLDMAN SACHS GROUP INC	$3,363,000	–	15,156	–	1.80%	–
CVS	New	CVS CORP	$3,341,000	–	41,526	–	1.79%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$3,321,000	–	84,795	–	1.78%	–
JPM	New	J.P. MORGAN CHASE & CO	$3,301,000	–	36,117	–	1.76%	–
CVX	New	CHEVRON CORP	$3,118,000	–	29,884	–	1.67%	–
XOM	New	EXXON MOBIL CORP	$2,872,000	–	35,581	–	1.54%	–
T	New	AT&T CORP NEW	$2,747,000	–	72,794	–	1.47%	–
NOC	New	NORTHROP GRUMMAN CORP	$2,638,000	–	10,276	–	1.41%	–
OXY	New	OCCIDENTAL PETROLEUM CORP	$2,593,000	–	43,315	–	1.39%	–
NWL	New	NEWELL RUBBERMAID	$2,492,000	–	46,467	–	1.33%	–
SCHA	New	SCHWAB US SMALL-CAP	$2,338,000	–	36,587	–	1.25%	–
UNP	New	UNION PACIFIC CORP	$2,285,000	–	20,980	–	1.22%	–
FEZ	New	SPDR EURO STOXX 50	$2,270,000	–	59,013	–	1.21%	–
ASTE	New	ASTEC INDUSTRIES INC	$2,094,000	–	37,715	–	1.12%	–
HYS	New	PIMCO ETF TRUST	$1,861,000	–	18,358	–	1.00%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$1,767,000	–	33,818	–	0.94%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,722,000	–	14,658	–	0.92%	–
SPY	New	SPDR S&P 500 ETF	$1,561,000	–	6,457	–	0.83%	–
RHT	New	RED HAT INC	$1,526,000	–	15,940	–	0.82%	–
HCRSQ	New	HI-CRUSH PARTNERS LP	$1,345,000	–	123,925	–	0.72%	–
RYH	New	GUGGENHEIM S&P 500 EQ WEIGHT H	$1,138,000	–	6,540	–	0.61%	–
MDT	New	MEDTRONIC	$1,077,000	–	12,131	–	0.58%	–
LH	New	LABORATORY CORP OF AMERICAN HO	$966,000	–	6,270	–	0.52%	–
TFI	New	SPDR SERIES TRUST - NUVEEN BAR	$859,000	–	17,649	–	0.46%	–
SCHP	New	SCHWAB US TIPS ETF	$732,000	–	13,294	–	0.39%	–
IBM	New	INTL BUSINESS MACHINES	$653,000	–	4,243	–	0.35%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$647,000	–	14,991	–	0.35%	–
KO	New	COCA-COLA CO	$644,000	–	14,365	–	0.34%	–
MSFT	New	MICROSOFT CORP	$639,000	–	9,267	–	0.34%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$429,000	–	6,604	–	0.23%	–
JNJ	New	JOHNSON & JOHNSON	$395,000	–	2,988	–	0.21%	–
TGT	New	TARGET CORP	$307,000	–	5,875	–	0.16%	–
DIS	New	WALT DISNEY CO	$252,000	–	2,374	–	0.14%	–
MRK	New	MERCK & CO INC	$242,000	–	3,778	–	0.13%	–
IAU	New	ISHARES TR COMEX GOLD	$240,000	–	20,069	–	0.13%	–
PHYS	New	SPROTT PHYSICAL GOLD TRUST	$223,000	–	22,038	–	0.12%	–
CSCO	New	CISCO SYSTEMS INC	$209,000	–	6,671	–	0.11%	–
AMAT	New	APPLIED MATERIALS INC	$207,000	–	5,000	–	0.11%	–

Q4 2016

			Value		Shares		↓ Weighting
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-6,459	–	-0.13%	–
DIS	Exit	WALT DISNEY CO	$0	–	-2,289	–	-0.14%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,532	–	-0.14%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-22,069	–	-0.18%	–
TGT	Exit	TARGET CORP	$0	–	-6,425	–	-0.29%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,811	–	-0.30%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-7,644	–	-0.35%	–
TFI	Exit	SPDR SERIES TRUST - NUVEEN BAR	$0	–	-10,971	–	-0.36%	–
SHM	Exit	SPDR SERIES TRUST - NUVEEN BAR	$0	–	-11,253	–	-0.36%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-10,567	–	-0.40%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-15,128	–	-0.44%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-4,457	–	-0.46%	–
KO	Exit	COCA-COLA CO	$0	–	-18,484	–	-0.51%	–
XLU	Exit	UTILITIES SELECT SECTOR SPDR	$0	–	-17,147	–	-0.55%	–
LH	Exit	LABORATORY CORP OF AMERICAN HO	$0	–	-6,155	–	-0.55%	–
MDT	Exit	MEDTRONIC	$0	–	-10,231	–	-0.58%	–
RYH	Exit	GUGGENHEIM S&P 500 EQ WEIGHT H	$0	–	-6,330	–	-0.64%	–
	Exit	DELL TECHNOLOGIES INC CLASS V	$0	–	-22,795	–	-0.71%	–
SCHZ	Exit	SCHWAB US AGGREGATE BOND	$0	–	-21,881	–	-0.77%	–
HYS	Exit	PIMCO ETF TRUST	$0	–	-12,103	–	-0.79%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-15,780	–	-1.00%	–
SCHA	Exit	SCHWAB US SMALL-CAP	$0	–	-27,048	–	-1.02%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-8,061	–	-1.14%	–
CIEN	Exit	CIENA CORP	$0	–	-97,995	–	-1.40%	–
RHT	Exit	RED HAT INC	$0	–	-27,600	–	-1.46%	–
OXY	Exit	OCCIDENTAL PETROLEUM CORP	$0	–	-32,285	–	-1.54%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-25,980	–	-1.66%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-32,545	–	-1.91%	–
SCHF	Exit	SCHWAB INTERNATIONAL EQUITY	$0	–	-102,500	–	-1.93%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-34,880	–	-1.99%	–
T	Exit	AT&T CORP NEW	$0	–	-79,329	–	-2.11%	–
CVX	Exit	CHEVRON CORP	$0	–	-31,506	–	-2.12%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-32,212	–	-2.14%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-86,991	–	-2.25%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-59,785	–	-2.27%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-193,355	–	-2.52%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-24,938	–	-2.63%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-77,910	–	-2.76%	–
INTC	Exit	INTEL CORP	$0	–	-115,154	–	-2.85%	–
GOOGL	Exit	ALPHABET INC CLASS A	$0	–	-5,530	–	-2.91%	–
PEP	Exit	PEPSICO INC	$0	–	-41,222	–	-2.94%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-75,247	–	-3.12%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-6,585	–	-3.12%	–
GRMN	Exit	GARMIN LTD	$0	–	-103,026	–	-3.24%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-63,945	–	-3.29%	–
GLW	Exit	CORNING INC	$0	–	-214,362	–	-3.32%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-173,711	–	-3.37%	–
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-128,726	–	-4.35%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-148,157	–	-5.04%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-31,017	–	-5.88%	–
AAPL	Exit	APPLE INC	$0	–	-88,290	–	-6.53%	–
AMZN	Exit	AMAZON COM INC	$0	–	-13,699	–	-7.51%	–

Q3 2016

			Value		Shares		↓ Weighting
AMZN	Sell	AMAZON COM INC	$11,470,000	+15.0%	13,699	-1.7%	7.51%	+18.6%
AAPL	Sell	APPLE INC	$9,981,000	+17.9%	88,290	-0.3%	6.53%	+21.7%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$8,978,000	+11.6%	31,017	-0.8%	5.88%	+15.2%
VZ	Sell	VERIZON COMMUNICATIONS	$7,701,000	-7.8%	148,157	-0.9%	5.04%	-4.8%
SCHX	New	SCHWAB US LARGE-CAP	$6,645,000	–	128,726	–	4.35%	–
GE	Sell	GENERAL ELECTRIC CO	$5,145,000	-9.6%	173,711	-3.9%	3.37%	-6.7%
GLW	Sell	CORNING INC	$5,070,000	-2.7%	214,362	-15.8%	3.32%	+0.4%
SLB	Sell	SCHLUMBERGER LTD	$5,029,000	-1.1%	63,945	-0.6%	3.29%	+2.1%
GRMN	Sell	GARMIN LTD	$4,957,000	-16.1%	103,026	-26.0%	3.24%	-13.4%
ISRG	Sell	INTUITIVE SURGICAL	$4,773,000	+8.4%	6,585	-1.1%	3.12%	+11.9%
MO	Sell	ALTRIA GROUP INC	$4,758,000	-20.6%	75,247	-13.4%	3.12%	-18.0%
PEP	Sell	PEPSICO INC	$4,484,000	+2.3%	41,222	-0.4%	2.94%	+5.6%
GOOGL	Sell	ALPHABET INC CLASS A	$4,446,000	+14.0%	5,530	-0.3%	2.91%	+17.6%
INTC	Sell	INTEL CORP	$4,347,000	-18.2%	115,154	-28.9%	2.85%	-15.6%
SBUX	Sell	STARBUCKS CORP	$4,218,000	-6.2%	77,910	-1.1%	2.76%	-3.3%
GS	Sell	GOLDMAN SACHS GROUP INC	$4,022,000	+5.7%	24,938	-2.6%	2.63%	+9.1%
ESBK	Sell	ELMIRA SAVINGS BANK	$3,850,000	+0.4%	193,355	-0.9%	2.52%	+3.6%
FBHS	Sell	FORTUNE BRANDS HOME & SECURITY	$3,474,000	+0.1%	59,785	-0.1%	2.27%	+3.4%
PFF	Sell	ISHARES S&P U.S. PREFERRED STO	$3,436,000	-2.0%	86,991	-1.0%	2.25%	+1.1%
UTX	Sell	UNITED TECHNOLOGIES	$3,273,000	-1.6%	32,212	-0.7%	2.14%	+1.6%
CVX	Sell	CHEVRON CORP	$3,243,000	-2.6%	31,506	-0.9%	2.12%	+0.5%
T	Sell	AT&T CORP NEW	$3,222,000	-34.6%	79,329	-30.4%	2.11%	-32.5%
XOM	Sell	EXXON MOBIL CORP	$3,044,000	-8.2%	34,880	-1.4%	1.99%	-5.3%
SCHF	New	SCHWAB INTERNATIONAL EQUITY	$2,951,000	–	102,500	–	1.93%	–
PG	Sell	PROCTER & GAMBLE	$2,921,000	+4.5%	32,545	-1.4%	1.91%	+7.9%
UNP	Sell	UNION PACIFIC CORP	$2,534,000	-44.4%	25,980	-50.3%	1.66%	-42.7%
OXY	Buy	OCCIDENTAL PETROLEUM CORP	$2,354,000	+17.5%	32,285	+21.7%	1.54%	+21.2%
RHT	Buy	RED HAT INC	$2,231,000	+11.7%	27,600	+0.3%	1.46%	+15.2%
CIEN	Sell	CIENA CORP	$2,136,000	+14.1%	97,995	-1.8%	1.40%	+17.8%
SPY	Sell	SPDR S&P 500 ETF	$1,744,000	-56.7%	8,061	-58.0%	1.14%	-55.3%
SCHA	New	SCHWAB US SMALL-CAP	$1,557,000	–	27,048	–	1.02%	–
PM	Buy	PHILIP MORRIS INTERNATIONAL IN	$1,534,000	-4.4%	15,780	+0.0%	1.00%	-1.4%
HYS	New	PIMCO ETF TRUST	$1,204,000	–	12,103	–	0.79%	–
SCHZ	New	SCHWAB US AGGREGATE BOND	$1,174,000	–	21,881	–	0.77%	–
	New	DELL TECHNOLOGIES INC CLASS V	$1,090,000	–	22,795	–	0.71%	–
RYH	Sell	GUGGENHEIM S&P 500 EQ WEIGHT H	$985,000	-14.6%	6,330	-17.2%	0.64%	-11.8%
MDT	Sell	MEDTRONIC	$884,000	-0.9%	10,231	-0.5%	0.58%	+2.3%
LH	Sell	LABORATORY CORP OF AMERICAN HO	$846,000	-36.1%	6,155	-39.4%	0.55%	-34.0%
XLU	Sell	UTILITIES SELECT SECTOR SPDR	$840,000	-29.3%	17,147	-24.2%	0.55%	-27.1%
KO	Buy	COCA-COLA CO	$782,000	-6.6%	18,484	+0.1%	0.51%	-3.6%
IBM	Sell	INTL BUSINESS MACHINES	$708,000	-0.8%	4,457	-5.3%	0.46%	+2.2%
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$664,000	-4.2%	15,128	-0.7%	0.44%	-1.1%
MSFT	Buy	MICROSOFT CORP	$609,000	+12.8%	10,567	+0.0%	0.40%	+16.3%
SHM	New	SPDR SERIES TRUST - NUVEEN BAR	$550,000	–	11,253	–	0.36%	–
TFI	New	SPDR SERIES TRUST - NUVEEN BAR	$549,000	–	10,971	–	0.36%	–
XLE	Sell	SECTOR SPDR ENERGY SELECT SHAR	$540,000	-2.2%	7,644	-5.6%	0.35%	+0.9%
JNJ	Buy	JOHNSON & JOHNSON	$450,000	-2.0%	3,811	+0.7%	0.30%	+1.4%
IAU	Sell	ISHARES TR COMEX GOLD	$280,000	-8.8%	22,069	-8.3%	0.18%	-6.2%
MRK	Buy	MERCK & CO INC	$220,000	+8.4%	3,532	+0.0%	0.14%	+11.6%
CSCO	New	CISCO SYSTEMS INC	$205,000	–	6,459	–	0.13%	–
CMP	Exit	COMPASS MINERALS INTERNATION I	$0	–	-3,566	–	-0.17%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-61,765	–	-1.76%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-39,325	–	-1.82%	–
TWTR	Exit	TWITTER INC	$0	–	-174,410	–	-1.87%	–
EMC	Exit	EMC CORP	$0	–	-208,615	–	-3.60%	–

Q2 2016

			Value		Shares		↓ Weighting
AMZN	New	AMAZON COM INC	$9,976,000	–	13,940	–	6.33%	–
AAPL	New	APPLE INC	$8,466,000	–	88,554	–	5.37%	–
VZ	New	VERIZON COMMUNICATIONS	$8,348,000	–	149,506	–	5.30%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$8,044,000	–	31,257	–	5.10%	–
MO	New	ALTRIA GROUP INC	$5,992,000	–	86,894	–	3.80%	–
GRMN	New	GARMIN LTD	$5,907,000	–	139,259	–	3.75%	–
GE	New	GENERAL ELECTRIC CO	$5,692,000	–	180,802	–	3.61%	–
EMC	New	EMC CORP	$5,668,000	–	208,615	–	3.60%	–
INTC	New	INTEL CORP	$5,314,000	–	162,021	–	3.37%	–
GLW	New	CORNING INC	$5,213,000	–	254,533	–	3.31%	–
SLB	New	SCHLUMBERGER LTD	$5,085,000	–	64,305	–	3.22%	–
T	New	AT&T CORP NEW	$4,923,000	–	113,925	–	3.12%	–
UNP	New	UNION PACIFIC CORP	$4,561,000	–	52,275	–	2.89%	–
SBUX	New	STARBUCKS CORP	$4,499,000	–	78,765	–	2.85%	–
ISRG	New	INTUITIVE SURGICAL	$4,402,000	–	6,655	–	2.79%	–
PEP	New	PEPSICO INC	$4,383,000	–	41,374	–	2.78%	–
SPY	New	SPDR S&P 500 ETF	$4,024,000	–	19,212	–	2.55%	–
GOOGL	New	ALPHABET INC CLASS A	$3,901,000	–	5,545	–	2.47%	–
ESBK	New	ELMIRA SAVINGS BANK	$3,836,000	–	195,137	–	2.43%	–
GS	New	GOLDMAN SACHS GROUP INC	$3,805,000	–	25,608	–	2.41%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$3,506,000	–	87,899	–	2.22%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$3,469,000	–	59,835	–	2.20%	–
CVX	New	CHEVRON CORP	$3,331,000	–	31,779	–	2.11%	–
UTX	New	UNITED TECHNOLOGIES	$3,326,000	–	32,436	–	2.11%	–
XOM	New	EXXON MOBIL CORP	$3,317,000	–	35,380	–	2.10%	–
TWTR	New	TWITTER INC	$2,949,000	–	174,410	–	1.87%	–
WMT	New	WAL-MART STORES INC	$2,872,000	–	39,325	–	1.82%	–
PG	New	PROCTER & GAMBLE	$2,794,000	–	32,999	–	1.77%	–
SAVE	New	SPIRIT AIRLINES INC	$2,771,000	–	61,765	–	1.76%	–
OXY	New	OCCIDENTAL PETROLEUM CORP	$2,004,000	–	26,525	–	1.27%	–
RHT	New	RED HAT INC	$1,998,000	–	27,525	–	1.27%	–
CIEN	New	CIENA CORP	$1,872,000	–	99,815	–	1.19%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,605,000	–	15,779	–	1.02%	–
LH	New	LABORATORY CORP OF AMERICAN HO	$1,323,000	–	10,155	–	0.84%	–
XLU	New	UTILITIES SELECT SECTOR SPDR	$1,188,000	–	22,635	–	0.75%	–
RYH	New	GUGGENHEIM S&P 500 EQ WEIGHT H	$1,153,000	–	7,645	–	0.73%	–
MDT	New	MEDTRONIC	$892,000	–	10,281	–	0.57%	–
KO	New	COCA-COLA CO	$837,000	–	18,474	–	0.53%	–
IBM	New	INTL BUSINESS MACHINES	$714,000	–	4,704	–	0.45%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$693,000	–	15,227	–	0.44%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$552,000	–	8,094	–	0.35%	–
MSFT	New	MICROSOFT CORP	$540,000	–	10,562	–	0.34%	–
JNJ	New	JOHNSON & JOHNSON	$459,000	–	3,784	–	0.29%	–
TGT	New	TARGET CORP	$449,000	–	6,425	–	0.28%	–
IAU	New	ISHARES TR COMEX GOLD	$307,000	–	24,069	–	0.20%	–
CMP	New	COMPASS MINERALS INTERNATION I	$265,000	–	3,566	–	0.17%	–
DIS	New	WALT DISNEY CO	$224,000	–	2,289	–	0.14%	–
MRK	New	MERCK & CO INC	$203,000	–	3,531	–	0.13%	–

Q4 2015

			Value		Shares		↓ Weighting
CTSH	Exit	COGNIZANT TECHNOLOGY SOLUTIONS	$0	–	-3,580	–	-0.15%	–
DIS	Exit	WALT DISNEY CO	$0	–	-2,289	–	-0.15%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-2,400	–	-0.17%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-24,069	–	-0.17%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,474	–	-0.21%	–
RDSB	Exit	ROYAL DUTCH SHELL B ADR	$0	–	-8,209	–	-0.26%	–
ARG	Exit	AIRGAS INC	$0	–	-4,535	–	-0.27%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-9,212	–	-0.27%	–
TGT	Exit	TARGET CORP	$0	–	-6,625	–	-0.34%	–
XLU	Exit	UTILITIES SELECT SECTOR SPDR	$0	–	-14,068	–	-0.40%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-16,526	–	-0.46%	–
MDT	Exit	MEDTRONIC INC	$0	–	-10,556	–	-0.47%	–
T	Exit	AT&T CORP NEW	$0	–	-23,105	–	-0.50%	–
KO	Exit	COCA-COLA CO	$0	–	-18,921	–	-0.50%	–
LH	Exit	LABORATORY CORP OF AMERICAN HO	$0	–	-8,445	–	-0.60%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-27,000	–	-0.66%	–
RYH	Exit	GUGGENHEIM S&P 500 EQ WEIGHT H	$0	–	-8,310	–	-0.77%	–
ANIK	Exit	ANIKA THERAPEUTICS INC	$0	–	-37,550	–	-0.79%	–
SAVE	Exit	SPIRIT AIRLINES INC	$0	–	-27,065	–	-0.84%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-17,951	–	-0.94%	–
XLE	Exit	SECTOR SPDR ENERGY SELECT SHAR	$0	–	-27,156	–	-1.10%	–
GDX	Exit	MARKET VECTORS GOLD MINERS ETF	$0	–	-125,250	–	-1.14%	–
FLS	Exit	FLOWSERVE CORP	$0	–	-46,401	–	-1.26%	–
SSYS	Exit	STRATASYS LTD	$0	–	-80,390	–	-1.41%	–
CMP	Exit	COMPASS MINERALS INTERNATION I	$0	–	-27,446	–	-1.42%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-32,824	–	-1.49%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-16,172	–	-1.55%	–
CIEN	Exit	CIENA CORP	$0	–	-115,140	–	-1.58%	–
ANSS	Exit	ANSYS INC	$0	–	-27,244	–	-1.58%	–
QCOM	Exit	QUALCOMM INC	$0	–	-47,696	–	-1.69%	–
TWTR	Exit	TWITTER INC	$0	–	-95,870	–	-1.70%	–
CVX	Exit	CHEVRON CORP	$0	–	-33,750	–	-1.76%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-36,855	–	-1.81%	–
CMI	Exit	CUMMINS INC	$0	–	-27,210	–	-1.95%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-34,070	–	-1.99%	–
GRMN	Exit	GARMIN LTD	$0	–	-84,770	–	-2.01%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-45,525	–	-2.16%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-7,169	–	-2.18%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-85,443	–	-2.18%	–
EMC	Exit	EMC CORP	$0	–	-138,879	–	-2.21%	–
RCD	Exit	GUGGENHEIM S&P 500 EQUAL WT CO	$0	–	-44,490	–	-2.47%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-67,450	–	-2.53%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-201,921	–	-2.56%	–
PEP	Exit	PEPSICO INC	$0	–	-42,260	–	-2.63%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-22,939	–	-2.63%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-46,625	–	-2.74%	–
GLW	Exit	CORNING INC	$0	–	-296,660	–	-3.35%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-224,198	–	-3.73%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-112,246	–	-4.03%	–
INTC	Exit	INTEL CORP	$0	–	-204,789	–	-4.07%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-153,633	–	-4.41%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-40,704	–	-5.15%	–
AMZN	Exit	AMAZON COM INC	$0	–	-15,605	–	-5.27%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-26,547	–	-5.32%	–
AAPL	Exit	APPLE INC	$0	–	-82,814	–	-6.03%	–

Q3 2015

			Value		Shares		↓ Weighting
AAPL	Buy	APPLE INC	$9,134,000	-7.2%	82,814	+5.6%	6.03%	-4.2%
IBB	Buy	ISHARES NASDAQ BIOTECH INDX	$8,053,000	+0.4%	26,547	+22.1%	5.32%	+3.6%
AMZN	Sell	AMAZON COM INC	$7,988,000	+15.8%	15,605	-1.8%	5.27%	+19.5%
SPY	New	SPDR S&P 500 ETF	$7,800,000	–	40,704	–	5.15%	–
VZ	Buy	VERIZON COMMUNICATIONS	$6,685,000	+0.7%	153,633	+7.9%	4.41%	+3.9%
INTC	Buy	INTEL CORP	$6,172,000	+31.5%	204,789	+32.7%	4.07%	+35.7%
MO	Sell	ALTRIA GROUP INC	$6,106,000	+10.8%	112,246	-0.4%	4.03%	+14.3%
GE	Sell	GENERAL ELECTRIC CO	$5,654,000	-6.5%	224,198	-1.5%	3.73%	-3.5%
GLW	Buy	CORNING INC	$5,079,000	+19.5%	296,660	+37.7%	3.35%	+23.3%
UTX	Sell	UNITED TECHNOLOGIES	$4,149,000	-20.3%	46,625	-0.6%	2.74%	-17.8%
GS	Buy	GOLDMAN SACHS GROUP INC	$3,986,000	-15.8%	22,939	+1.1%	2.63%	-13.1%
PEP	Sell	PEPSICO INC	$3,985,000	+0.6%	42,260	-0.4%	2.63%	+3.8%
ESBK	Sell	ELMIRA SAVINGS BANK	$3,877,000	-4.5%	201,921	-0.1%	2.56%	-1.4%
SBUX	Buy	STARBUCKS CORP	$3,834,000	+7.1%	67,450	+1.0%	2.53%	+10.5%
RCD	Sell	GUGGENHEIM S&P 500 EQUAL WT CO	$3,748,000	-9.1%	44,490	-2.4%	2.47%	-6.2%
EMC	Sell	EMC CORP	$3,355,000	-9.0%	138,879	-0.6%	2.21%	-6.1%
PFF	Sell	ISHARES S&P U.S. PREFERRED STO	$3,298,000	-2.1%	85,443	-0.7%	2.18%	+1.0%
ISRG	Sell	INTUITIVE SURGICAL	$3,295,000	-5.2%	7,169	-0.0%	2.18%	-2.1%
PG	Sell	PROCTER & GAMBLE	$3,275,000	-8.4%	45,525	-0.4%	2.16%	-5.6%
GRMN	New	GARMIN LTD	$3,042,000	–	84,770	–	2.01%	–
UNP	Buy	UNION PACIFIC CORP	$3,012,000	-6.3%	34,070	+1.1%	1.99%	-3.3%
CMI	Sell	CUMMINS INC	$2,954,000	-31.6%	27,210	-17.4%	1.95%	-29.4%
XOM	Sell	EXXON MOBIL CORP	$2,740,000	-10.9%	36,855	-0.3%	1.81%	-8.1%
CVX	Sell	CHEVRON CORP	$2,662,000	-18.4%	33,750	-0.2%	1.76%	-15.8%
TWTR	Buy	TWITTER INC	$2,583,000	-6.5%	95,870	+25.7%	1.70%	-3.5%
QCOM	Sell	QUALCOMM INC	$2,563,000	-15.4%	47,696	-1.3%	1.69%	-12.6%
ANSS	Sell	ANSYS INC	$2,401,000	-5.5%	27,244	-2.2%	1.58%	-2.5%
CIEN	Buy	CIENA CORP	$2,386,000	-12.4%	115,140	+0.1%	1.58%	-9.6%
IBM	Sell	INTL BUSINESS MACHINES	$2,344,000	-14.8%	16,172	-4.4%	1.55%	-12.1%
SLB	Sell	SCHLUMBERGER LTD	$2,264,000	-20.3%	32,824	-0.4%	1.49%	-17.8%
CMP	Sell	COMPASS MINERALS INTERNATION I	$2,151,000	-5.1%	27,446	-0.5%	1.42%	-2.1%
SSYS	Sell	STRATASYS LTD	$2,130,000	-27.2%	80,390	-4.0%	1.41%	-24.9%
FLS	Sell	FLOWSERVE CORP	$1,909,000	-22.8%	46,401	-1.2%	1.26%	-20.3%
GDX	New	MARKET VECTORS GOLD MINERS ETF	$1,721,000	–	125,250	–	1.14%	–
XLE	Sell	SECTOR SPDR ENERGY SELECT SHAR	$1,662,000	-26.8%	27,156	-10.2%	1.10%	-24.5%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$1,424,000	-1.3%	17,951	-0.3%	0.94%	+1.8%
SAVE	Sell	SPIRIT AIRLINES INC	$1,280,000	-25.0%	27,065	-1.5%	0.84%	-22.5%
ANIK	Sell	ANIKA THERAPEUTICS INC	$1,195,000	-9.8%	37,550	-6.4%	0.79%	-6.8%
RYH	Buy	GUGGENHEIM S&P 500 EQ WEIGHT H	$1,168,000	-10.4%	8,310	+1.7%	0.77%	-7.4%
LH	New	LABORATORY CORP OF AMERICAN HO	$916,000	–	8,445	–	0.60%	–
KO	Sell	COCA-COLA CO	$759,000	-2.8%	18,921	-5.0%	0.50%	+0.4%
T	Buy	AT&T CORP NEW	$753,000	+142.1%	23,105	+164.3%	0.50%	+149.7%
MDT	Buy	MEDTRONIC INC	$707,000	-8.3%	10,556	+1.4%	0.47%	-5.3%
XLU	Buy	UTILITIES SELECT SECTOR SPDR	$609,000	+4.5%	14,068	+0.0%	0.40%	+7.8%
TGT	Sell	TARGET CORP	$521,000	-5.1%	6,625	-1.5%	0.34%	-2.0%
MSFT	Buy	MICROSOFT CORP	$408,000	+1.7%	9,212	+1.4%	0.27%	+5.1%
JNJ	Buy	JOHNSON & JOHNSON	$324,000	-4.1%	3,474	+0.0%	0.21%	-0.9%
CTSH	New	COGNIZANT TECHNOLOGY SOLUTIONS	$224,000	–	3,580	–	0.15%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,528	–	-0.13%	–
AIR	Exit	AAR CORP	$0	–	-8,094	–	-0.16%	–
SPLV	Exit	POWERSHARES S&P 500 LOW VOLATI	$0	–	-21,890	–	-0.51%	–
CREE	Exit	CREE INC	$0	–	-58,092	–	-0.97%	–
VLO	Exit	VALERO ENERGY CORP	$0	–	-38,205	–	-1.53%	–
PCP	Exit	PRECISION CASTPARTS CORP	$0	–	-12,533	–	-1.60%	–
INFN	Exit	INFINERA CORP	$0	–	-144,350	–	-1.94%	–

Q2 2015

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$9,839,000	–	78,445	–	6.29%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$8,024,000	–	21,747	–	5.13%	–
AMZN	New	AMAZON COM INC	$6,896,000	–	15,887	–	4.41%	–
VZ	New	VERIZON COMMUNICATIONS	$6,639,000	–	142,436	–	4.25%	–
GE	New	GENERAL ELECTRIC CO	$6,047,000	–	227,595	–	3.87%	–
MO	New	ALTRIA GROUP INC	$5,513,000	–	112,715	–	3.53%	–
UTX	New	UNITED TECHNOLOGIES	$5,206,000	–	46,926	–	3.33%	–
GS	New	GOLDMAN SACHS GROUP INC	$4,735,000	–	22,679	–	3.03%	–
INTC	New	INTEL CORP	$4,693,000	–	154,296	–	3.00%	–
CMI	New	CUMMINS INC	$4,321,000	–	32,935	–	2.76%	–
GLW	New	CORNING INC	$4,251,000	–	215,479	–	2.72%	–
RCD	New	GUGGENHEIM S&P 500 EQUAL WT CO	$4,123,000	–	45,600	–	2.64%	–
ESBK	New	ELMIRA SAVINGS BANK	$4,058,000	–	202,034	–	2.60%	–
PEP	New	PEPSICO INC	$3,960,000	–	42,426	–	2.53%	–
EMC	New	EMC CORP	$3,686,000	–	139,679	–	2.36%	–
SBUX	New	STARBUCKS CORP	$3,581,000	–	66,800	–	2.29%	–
PG	New	PROCTER & GAMBLE	$3,577,000	–	45,721	–	2.29%	–
ISRG	New	INTUITIVE SURGICAL	$3,475,000	–	7,172	–	2.22%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$3,370,000	–	86,047	–	2.16%	–
CVX	New	CHEVRON CORP	$3,262,000	–	33,809	–	2.09%	–
UNP	New	UNION PACIFIC CORP	$3,213,000	–	33,695	–	2.06%	–
XOM	New	EXXON MOBIL CORP	$3,075,000	–	36,955	–	1.97%	–
INFN	New	INFINERA CORP	$3,028,000	–	144,350	–	1.94%	–
QCOM	New	QUALCOMM INC	$3,028,000	–	48,345	–	1.94%	–
SSYS	New	STRATASYS LTD	$2,926,000	–	83,765	–	1.87%	–
SLB	New	SCHLUMBERGER LTD	$2,842,000	–	32,969	–	1.82%	–
TWTR	New	TWITTER INC	$2,762,000	–	76,270	–	1.77%	–
IBM	New	INTL BUSINESS MACHINES	$2,751,000	–	16,913	–	1.76%	–
CIEN	New	CIENA CORP	$2,724,000	–	115,040	–	1.74%	–
ANSS	New	ANSYS INC	$2,541,000	–	27,850	–	1.62%	–
PCP	New	PRECISION CASTPARTS CORP	$2,505,000	–	12,533	–	1.60%	–
FLS	New	FLOWSERVE CORP	$2,472,000	–	46,950	–	1.58%	–
VLO	New	VALERO ENERGY CORP	$2,392,000	–	38,205	–	1.53%	–
XLE	New	SECTOR SPDR ENERGY SELECT SHAR	$2,272,000	–	30,230	–	1.45%	–
CMP	New	COMPASS MINERALS INTERNATION I	$2,267,000	–	27,596	–	1.45%	–
SAVE	New	SPIRIT AIRLINES INC	$1,706,000	–	27,465	–	1.09%	–
DVN	New	DEVON ENERGY CORP	$1,606,000	–	27,000	–	1.03%	–
CREE	New	CREE INC	$1,512,000	–	58,092	–	0.97%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,443,000	–	18,000	–	0.92%	–
ANIK	New	ANIKA THERAPEUTICS INC	$1,325,000	–	40,100	–	0.85%	–
RYH	New	GUGGENHEIM S&P 500 EQ WEIGHT H	$1,303,000	–	8,170	–	0.83%	–
SPLV	New	POWERSHARES S&P 500 LOW VOLATI	$802,000	–	21,890	–	0.51%	–
KO	New	COCA-COLA CO	$781,000	–	19,911	–	0.50%	–
MDT	New	MEDTRONIC INC	$771,000	–	10,406	–	0.49%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$680,000	–	16,526	–	0.44%	–
XLU	New	UTILITIES SELECT SECTOR SPDR	$583,000	–	14,066	–	0.37%	–
TGT	New	TARGET CORP	$549,000	–	6,725	–	0.35%	–
ARG	New	AIRGAS INC	$480,000	–	4,535	–	0.31%	–
RDSB	New	ROYAL DUTCH SHELL B ADR	$471,000	–	8,209	–	0.30%	–
MSFT	New	MICROSOFT CORP	$401,000	–	9,082	–	0.26%	–
JNJ	New	JOHNSON & JOHNSON	$338,000	–	3,473	–	0.22%	–
T	New	AT&T CORP NEW	$311,000	–	8,742	–	0.20%	–
IAU	New	ISHARES TR COMEX GOLD	$273,000	–	24,069	–	0.18%	–
DIS	New	WALT DISNEY CO	$261,000	–	2,289	–	0.17%	–
AIR	New	AAR CORP	$258,000	–	8,094	–	0.16%	–
BOND	New	PIMCO TOTAL RETURN ETF	$257,000	–	2,400	–	0.16%	–
MRK	New	MERCK & CO INC	$201,000	–	3,528	–	0.13%	–

Q4 2014

			Value		Shares		↓ Weighting
MRK	Exit	MERCK & CO INC	$0	–	-3,515	–	-0.13%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-4,856	–	-0.17%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-2,950	–	-0.20%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,402	–	-0.22%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-33,069	–	-0.24%	–
TGT	Exit	TARGET CORP	$0	–	-6,725	–	-0.26%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-10,402	–	-0.30%	–
ARG	Exit	AIRGAS INC	$0	–	-4,535	–	-0.31%	–
MDT	Exit	MEDTRONIC INC	$0	–	-8,690	–	-0.33%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL INC	$0	–	-16,741	–	-0.35%	–
XLU	Exit	UTILITIES SELECT SECTOR SPDR	$0	–	-14,594	–	-0.38%	–
RDSB	Exit	ROYAL DUTCH SHELL B ADR	$0	–	-8,280	–	-0.40%	–
KO	Exit	COCA-COLA CO	$0	–	-22,672	–	-0.59%	–
ANIK	Exit	ANIKA THERAPEUTICS INC	$0	–	-41,400	–	-0.93%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-19,356	–	-0.99%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-8,756	–	-1.02%	–
CTCT	Exit	CONSTANT CONTACT INC	$0	–	-69,525	–	-1.15%	–
RDC	Exit	ROWAN COMPANIES PLC	$0	–	-75,025	–	-1.16%	–
CMP	Exit	COMPASS MINERALS INTERNATION	$0	–	-23,490	–	-1.21%	–
ANSS	Exit	ANSYS INC	$0	–	-28,830	–	-1.34%	–
SPF	Exit	STANDARD PACIFIC CORP	$0	–	-314,050	–	-1.44%	–
CMI	Exit	CUMMINS INC	$0	–	-19,395	–	-1.57%	–
DNRCQ	Exit	DENBURY RESOURCES INC	$0	–	-173,052	–	-1.59%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-39,550	–	-1.65%	–
CIEN	Exit	CIENA CORP	$0	–	-171,840	–	-1.76%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-40,179	–	-1.86%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-84,302	–	-2.04%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-7,255	–	-2.05%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-36,185	–	-2.08%	–
INFN	Exit	INFINERA CORP	$0	–	-319,600	–	-2.09%	–
PCP	Exit	PRECISION CASTPARTS CORP	$0	–	-15,795	–	-2.29%	–
CVX	Exit	CHEVRON CORP	$0	–	-32,436	–	-2.37%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-46,915	–	-2.40%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-39,038	–	-2.43%	–
PEP	Exit	PEPSICO INC	$0	–	-43,848	–	-2.50%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-37,835	–	-2.51%	–
QCOM	Exit	QUALCOMM INC	$0	–	-56,203	–	-2.57%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-190,000	–	-2.59%	–
CREE	Exit	CREE INC	$0	–	-111,600	–	-2.80%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-25,527	–	-2.87%	–
INTC	Exit	INTEL CORP	$0	–	-135,139	–	-2.88%	–
CBI	Exit	CHICAGO BRIDGE AND IRON CO	$0	–	-82,243	–	-2.91%	–
EMC	Exit	EMC CORP	$0	–	-165,784	–	-2.97%	–
GLW	Exit	CORNING INC	$0	–	-255,485	–	-3.02%	–
SSYS	Exit	STRATASYS LTD	$0	–	-41,810	–	-3.09%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-123,338	–	-3.47%	–
AMZN	Exit	AMAZON COM INC	$0	–	-18,044	–	-3.56%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-59,500	–	-3.84%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-254,073	–	-3.98%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-141,193	–	-4.32%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-29,694	–	-4.97%	–
AAPL	Exit	APPLE INC	$0	–	-95,821	–	-5.91%	–

Q3 2014

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$9,654,000	+6.0%	95,821	-2.2%	5.91%	-0.2%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$8,125,000	-5.8%	29,694	-11.5%	4.97%	-11.3%
VZ	Buy	VERIZON COMMUNICATIONS	$7,058,000	+3.4%	141,193	+1.2%	4.32%	-2.6%
GE	Buy	GENERAL ELECTRIC CO	$6,509,000	-1.9%	254,073	+0.7%	3.98%	-7.5%
UTX	Buy	UNITED TECHNOLOGIES	$6,283,000	+57.0%	59,500	+71.7%	3.84%	+47.9%
AMZN	Sell	AMAZON COM INC	$5,818,000	-1.0%	18,044	-0.3%	3.56%	-6.8%
MO	Sell	ALTRIA GROUP INC	$5,666,000	+8.9%	123,338	-0.6%	3.47%	+2.5%
SSYS	Sell	STRATASYS LTD	$5,050,000	+5.2%	41,810	-1.1%	3.09%	-0.9%
GLW	Sell	CORNING INC	$4,941,000	-12.5%	255,485	-0.7%	3.02%	-17.6%
EMC	Sell	EMC CORP	$4,851,000	+10.7%	165,784	-0.4%	2.97%	+4.3%
CBI	Buy	CHICAGO BRIDGE AND IRON CO	$4,758,000	+60.1%	82,243	+88.8%	2.91%	+50.8%
INTC	Sell	INTEL CORP	$4,706,000	-16.1%	135,139	-25.5%	2.88%	-21.0%
GS	Sell	GOLDMAN SACHS GROUP INC	$4,686,000	+2.6%	25,527	-6.4%	2.87%	-3.4%
CREE	Buy	CREE INC	$4,570,000	+65.0%	111,600	+101.3%	2.80%	+55.4%
ESBK	Sell	ELMIRA SAVINGS BANK	$4,228,000	-6.4%	190,000	-0.4%	2.59%	-11.9%
QCOM	Buy	QUALCOMM INC	$4,202,000	-0.7%	56,203	+5.2%	2.57%	-6.4%
UNP	Sell	UNION PACIFIC CORP	$4,102,000	+8.6%	37,835	-0.1%	2.51%	+2.3%
PEP	Sell	PEPSICO INC	$4,082,000	+1.8%	43,848	-2.3%	2.50%	-4.1%
SLB	Buy	SCHLUMBERGER LTD	$3,970,000	-10.0%	39,038	+4.4%	2.43%	-15.2%
PG	Sell	PROCTER & GAMBLE	$3,929,000	+5.7%	46,915	-0.8%	2.40%	-0.4%
CVX	Sell	CHEVRON CORP	$3,870,000	-9.8%	32,436	-1.3%	2.37%	-15.0%
PCP	Buy	PRECISION CASTPARTS CORP	$3,742,000	-3.6%	15,795	+2.7%	2.29%	-9.2%
INFN	Sell	INFINERA CORP	$3,410,000	+2.2%	319,600	-11.9%	2.09%	-3.7%
XOM	Buy	EXXON MOBIL CORP	$3,403,000	+10.2%	36,185	+18.0%	2.08%	+3.8%
ISRG	Sell	INTUITIVE SURGICAL	$3,351,000	+11.8%	7,255	-0.3%	2.05%	+5.3%
PFF	Buy	ISHARES S&P U.S. PREFERRED STO	$3,332,000	+3.8%	84,302	+4.8%	2.04%	-2.3%
SBUX	Sell	STARBUCKS CORP	$3,032,000	-3.2%	40,179	-0.7%	1.86%	-8.8%
CIEN	Buy	CIENA CORP	$2,873,000	+16.8%	171,840	+51.3%	1.76%	+10.0%
DVN	Sell	DEVON ENERGY CORP	$2,697,000	-16.7%	39,550	-3.0%	1.65%	-21.5%
DNRCQ	Sell	DENBURY RESOURCES INC	$2,601,000	-18.8%	173,052	-0.3%	1.59%	-23.6%
CMI	New	CUMMINS INC	$2,560,000	–	19,395	–	1.57%	–
SPF	Sell	STANDARD PACIFIC CORP	$2,352,000	-13.6%	314,050	-0.8%	1.44%	-18.7%
ANSS	New	ANSYS INC	$2,182,000	–	28,830	–	1.34%	–
CMP	New	COMPASS MINERALS INTERNATION	$1,980,000	–	23,490	–	1.21%	–
RDC	Sell	ROWAN COMPANIES PLC	$1,899,000	-20.8%	75,025	-0.1%	1.16%	-25.4%
CTCT	Sell	CONSTANT CONTACT INC	$1,887,000	-17.4%	69,525	-2.2%	1.15%	-22.2%
IBM	Sell	INTL BUSINESS MACHINES	$1,662,000	+3.8%	8,756	-0.8%	1.02%	-2.2%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$1,614,000	-1.2%	19,356	-0.1%	0.99%	-7.0%
ANIK	New	ANIKA THERAPEUTICS INC	$1,518,000	–	41,400	–	0.93%	–
KO	Buy	COCA-COLA CO	$967,000	+0.7%	22,672	+0.0%	0.59%	-5.1%
XLU	Sell	UTILITIES SELECT SECTOR SPDR	$614,000	-9.3%	14,594	-4.5%	0.38%	-14.5%
MDLZ	Sell	MONDELEZ INTERNATIONAL INC	$574,000	-9.5%	16,741	-0.7%	0.35%	-14.8%
ARG	New	AIRGAS INC	$502,000	–	4,535	–	0.31%	–
MSFT	Buy	MICROSOFT CORP	$482,000	+11.1%	10,402	+0.0%	0.30%	+4.6%
IAU	Sell	ISHARES TR COMEX GOLD	$387,000	-29.8%	33,069	-22.7%	0.24%	-33.8%
JNJ	Buy	JOHNSON & JOHNSON	$363,000	+2.0%	3,402	+0.0%	0.22%	-3.9%
BOND	Sell	PIMCO TOTAL RETURN ETF	$320,000	-12.3%	2,950	-11.9%	0.20%	-17.3%
KRFT	Sell	KRAFT FOODS GROUP	$274,000	-6.5%	4,856	-0.7%	0.17%	-11.6%
SCHX	Exit	SCHWAB US LARGE-CAP	$0	–	-4,830	–	-0.15%	–
HEROQ	Exit	HERCULES OFFSHORE INC	$0	–	-604,400	–	-1.58%	–

Q2 2014

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$9,108,000	–	98,008	–	5.92%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$8,627,000	–	33,564	–	5.60%	–
VZ	New	VERIZON COMMUNICATIONS	$6,827,000	–	139,524	–	4.43%	–
GE	New	GENERAL ELECTRIC CO	$6,632,000	–	252,340	–	4.31%	–
AMZN	New	AMAZON COM INC	$5,878,000	–	18,099	–	3.82%	–
GLW	New	CORNING INC	$5,649,000	–	257,375	–	3.67%	–
INTC	New	INTEL CORP	$5,607,000	–	181,461	–	3.64%	–
MO	New	ALTRIA GROUP INC	$5,205,000	–	124,107	–	3.38%	–
SSYS	New	STRATASYS LTD	$4,801,000	–	42,255	–	3.12%	–
GS	New	GOLDMAN SACHS GROUP INC	$4,569,000	–	27,287	–	2.97%	–
ESBK	New	ELMIRA SAVINGS BANK	$4,519,000	–	190,686	–	2.94%	–
SLB	New	SCHLUMBERGER LTD	$4,411,000	–	37,394	–	2.86%	–
EMC	New	EMC CORP	$4,383,000	–	166,383	–	2.85%	–
CVX	New	CHEVRON CORP	$4,289,000	–	32,855	–	2.79%	–
QCOM	New	QUALCOMM INC	$4,231,000	–	53,427	–	2.75%	–
PEP	New	PEPSICO INC	$4,011,000	–	44,897	–	2.60%	–
UTX	New	UNITED TECHNOLOGIES	$4,001,000	–	34,652	–	2.60%	–
PCP	New	PRECISION CASTPARTS CORP	$3,882,000	–	15,380	–	2.52%	–
UNP	New	UNION PACIFIC CORP	$3,777,000	–	37,861	–	2.45%	–
PG	New	PROCTER & GAMBLE	$3,717,000	–	47,300	–	2.41%	–
INFN	New	INFINERA CORP	$3,337,000	–	362,750	–	2.17%	–
DVN	New	DEVON ENERGY CORP	$3,238,000	–	40,775	–	2.10%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$3,211,000	–	80,444	–	2.09%	–
DNRCQ	New	DENBURY RESOURCES INC	$3,205,000	–	173,602	–	2.08%	–
SBUX	New	STARBUCKS CORP	$3,132,000	–	40,475	–	2.03%	–
XOM	New	EXXON MOBIL CORP	$3,088,000	–	30,676	–	2.01%	–
ISRG	New	INTUITIVE SURGICAL	$2,998,000	–	7,280	–	1.95%	–
CBI	New	CHICAGO BRIDGE AND IRON CO	$2,971,000	–	43,568	–	1.93%	–
CREE	New	CREE INC	$2,770,000	–	55,450	–	1.80%	–
SPF	New	STANDARD PACIFIC CORP	$2,723,000	–	316,650	–	1.77%	–
CIEN	New	CIENA CORP	$2,460,000	–	113,590	–	1.60%	–
HEROQ	New	HERCULES OFFSHORE INC	$2,430,000	–	604,400	–	1.58%	–
RDC	New	ROWAN COMPANIES PLC	$2,397,000	–	75,075	–	1.56%	–
CTCT	New	CONSTANT CONTACT INC	$2,284,000	–	71,125	–	1.48%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$1,633,000	–	19,368	–	1.06%	–
IBM	New	INTL BUSINESS MACHINES	$1,601,000	–	8,831	–	1.04%	–
KO	New	COCA-COLA CO	$960,000	–	22,671	–	0.62%	–
RDSB	New	ROYAL DUTCH SHELL B ADR	$720,000	–	8,280	–	0.47%	–
XLU	New	UTILITIES SELECT SECTOR SPDR	$677,000	–	15,289	–	0.44%	–
MDLZ	New	MONDELEZ INTERNATIONAL INC	$634,000	–	16,866	–	0.41%	–
MDT	New	MEDTRONIC INC	$554,000	–	8,690	–	0.36%	–
IAU	New	ISHARES TR COMEX GOLD	$551,000	–	42,774	–	0.36%	–
MSFT	New	MICROSOFT CORP	$434,000	–	10,398	–	0.28%	–
TGT	New	TARGET CORP	$390,000	–	6,725	–	0.25%	–
BOND	New	PIMCO TOTAL RETURN ETF	$365,000	–	3,350	–	0.24%	–
JNJ	New	JOHNSON & JOHNSON	$356,000	–	3,401	–	0.23%	–
KRFT	New	KRAFT FOODS GROUP	$293,000	–	4,888	–	0.19%	–
SCHX	New	SCHWAB US LARGE-CAP	$226,000	–	4,830	–	0.15%	–
MRK	New	MERCK & CO INC	$203,000	–	3,515	–	0.13%	–

Q4 2013

			Value		Shares		↓ Weighting
MUNI	Exit	PIMCO INTERMEDIATE MUNI BOND E	$0	–	-4,000	–	-0.14%	–
PZT	Exit	POWERSHARES INSURED NY MUNI BO	$0	–	-10,500	–	-0.16%	–
KRFT	Exit	KRAFT FOODS GROUP	$0	–	-5,147	–	-0.18%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,475	–	-0.21%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-9,650	–	-0.22%	–
TGT	Exit	TARGET CORP	$0	–	-6,775	–	-0.30%	–
RDC	Exit	ROWAN COMPANIES PLC	$0	–	-12,100	–	-0.30%	–
ARII	Exit	AMERICAN RAILCAR INDUSTRIES IN	$0	–	-12,601	–	-0.34%	–
RDSB	Exit	ROYAL DUTCH SHELL B ADR	$0	–	-8,596	–	-0.40%	–
BOND	Exit	PIMCO TOTAL RETURN ETF	$0	–	-5,600	–	-0.41%	–
XLU	Exit	UTILITIES SELECT SECTOR SPDR	$0	–	-16,496	–	-0.42%	–
EGHT	Exit	8x8 INC.	$0	–	-69,000	–	-0.48%	–
KO	Exit	COCA-COLA CO	$0	–	-25,550	–	-0.66%	–
DE	Exit	DEERE & CO	$0	–	-12,052	–	-0.67%	–
MDT	Exit	MEDTRONIC INC	$0	–	-21,814	–	-0.80%	–
CBI	Exit	CHICAGO BRIDGE AND IRON CO.	$0	–	-18,493	–	-0.86%	–
NOV	Exit	NATIONAL OILWELL VARCO INC	$0	–	-18,307	–	-0.98%	–
MDLZ	Exit	MONDELEZ INTERNATIONAL, INC.	$0	–	-49,653	–	-1.07%	–
CIEN	Exit	CIENA CORP	$0	–	-63,800	–	-1.09%	–
AMBA	Exit	AMBARELLA INC	$0	–	-83,700	–	-1.12%	–
IBM	Exit	INTL BUSINESS MACHINES	$0	–	-9,250	–	-1.17%	–
IAU	Exit	ISHARES TR COMEX GOLD	$0	–	-136,974	–	-1.21%	–
HEROQ	Exit	HERCULES OFFSHORE INC	$0	–	-249,100	–	-1.26%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-21,920	–	-1.29%	–
MDR	Exit	MCDERMOTT INTL INC	$0	–	-262,469	–	-1.34%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-24,895	–	-1.42%	–
KRE	Exit	SPDR S&P REGIONAL BANKING ETF	$0	–	-58,250	–	-1.42%	–
ISRG	Exit	INTUITIVE SURGICAL	$0	–	-5,550	–	-1.43%	–
UTX	Exit	UNITED TECHNOLOGIES	$0	–	-20,869	–	-1.54%	–
PM	Exit	PHILIP MORRIS INTERNATIONAL IN	$0	–	-26,127	–	-1.55%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-68,265	–	-1.61%	–
DVN	Exit	DEVON ENERGY CORP	$0	–	-41,125	–	-1.63%	–
OIH	Exit	MARKET VECTORS OIL SERVICE ETF	$0	–	-53,525	–	-1.72%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-151,650	–	-1.81%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-34,975	–	-1.84%	–
SPF	Exit	STANDARD PACIFIC CORP	$0	–	-340,450	–	-1.84%	–
FB	Exit	FACEBOOK INC	$0	–	-57,550	–	-1.98%	–
PCP	Exit	PRECISION CASTPARTS CORP	$0	–	-13,335	–	-2.08%	–
UNP	Exit	UNION PACIFIC CORP	$0	–	-21,847	–	-2.32%	–
VZ	Exit	VERIZON COMMUNICATIONS	$0	–	-76,454	–	-2.44%	–
CVX	Exit	CHEVRON CORP	$0	–	-30,188	–	-2.51%	–
GRMN	Exit	GARMIN LTD.	$0	–	-81,651	–	-2.53%	–
FDX	Exit	FEDEX CORP	$0	–	-33,000	–	-2.58%	–
PEP	Exit	PEPSICO INC	$0	–	-48,111	–	-2.62%	–
PFF	Exit	ISHARES S&P U.S. PREFERRED STO	$0	–	-105,893	–	-2.76%	–
QCOM	Exit	QUALCOMM INC	$0	–	-62,356	–	-2.87%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-26,626	–	-2.88%	–
INTC	Exit	INTEL CORP	$0	–	-185,249	–	-2.91%	–
ESBK	Exit	ELMIRA SAVINGS BANK	$0	–	-180,416	–	-3.00%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-57,916	–	-3.50%	–
GLW	Exit	CORNING INC	$0	–	-376,283	–	-3.76%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-235,338	–	-3.85%	–
AMZN	Exit	AMAZON COM INC	$0	–	-18,667	–	-4.00%	–
EMC	Exit	EMC CORP	$0	–	-242,706	–	-4.25%	–
IBB	Exit	ISHARES NASDAQ BIOTECH INDX	$0	–	-34,789	–	-4.99%	–
AAPL	Exit	APPLE INC	$0	–	-22,319	–	-7.28%	–

Q3 2013

			Value		Shares		↓ Weighting
AAPL	Sell	APPLE INC	$10,640,000	+13.8%	22,319	-5.3%	7.28%	+8.6%
IBB	Sell	ISHARES NASDAQ BIOTECH INDX	$7,292,000	+2.2%	34,789	-15.2%	4.99%	-2.4%
EMC	Sell	EMC CORP	$6,204,000	+3.0%	242,706	-4.8%	4.25%	-1.6%
AMZN	Sell	AMAZON COM INC	$5,836,000	+8.7%	18,667	-3.5%	4.00%	+3.8%
GE	Sell	GENERAL ELECTRIC CO	$5,622,000	+2.7%	235,338	-0.3%	3.85%	-1.9%
GLW	Sell	CORNING INC	$5,490,000	+1.0%	376,283	-1.5%	3.76%	-3.6%
SLB	Sell	SCHLUMBERGER LTD	$5,117,000	+22.3%	57,916	-0.8%	3.50%	+16.7%
ESBK	Sell	ELMIRA SAVINGS BANK	$4,381,000	+9.4%	180,416	-2.9%	3.00%	+4.5%
INTC	Buy	INTEL CORP	$4,246,000	-5.1%	185,249	+0.3%	2.91%	-9.4%
GS	Sell	GOLDMAN SACHS GROUP INC	$4,212,000	-2.5%	26,626	-6.8%	2.88%	-6.9%
QCOM	Sell	QUALCOMM INC	$4,198,000	+6.1%	62,356	-3.7%	2.87%	+1.3%
PFF	Buy	ISHARES S&P U.S. PREFERRED STO	$4,024,000	+21.2%	105,893	+25.2%	2.76%	+15.7%
PEP	Sell	PEPSICO INC	$3,825,000	-4.0%	48,111	-1.2%	2.62%	-8.3%
FDX	Sell	FEDEX CORP	$3,766,000	+14.7%	33,000	-0.9%	2.58%	+9.5%
GRMN	Buy	GARMIN LTD.	$3,690,000	+30.6%	81,651	+4.5%	2.53%	+24.7%
CVX	Sell	CHEVRON CORP	$3,668,000	+1.3%	30,188	-1.3%	2.51%	-3.3%
VZ	Sell	VERIZON COMMUNICATIONS	$3,568,000	-12.7%	76,454	-5.8%	2.44%	-16.6%
UNP	Buy	UNION PACIFIC CORP	$3,394,000	+0.7%	21,847	+0.0%	2.32%	-3.8%
PCP	Buy	PRECISION CASTPARTS CORP	$3,030,000	+6.0%	13,335	+5.5%	2.08%	+1.2%
FB	Sell	FACEBOOK INC	$2,891,000	+39.6%	57,550	-30.9%	1.98%	+33.3%
SPF	New	STANDARD PACIFIC CORP	$2,693,000	–	340,450	–	1.84%	–
SBUX	New	STARBUCKS CORP	$2,692,000	–	34,975	–	1.84%	–
MU	Sell	MICRON TECHNOLOGY INC	$2,649,000	-19.3%	151,650	-33.8%	1.81%	-22.9%
OIH	Sell	MARKET VECTORS OIL SERVICE ETF	$2,520,000	-45.8%	53,525	-50.7%	1.72%	-48.3%
DVN	Sell	DEVON ENERGY CORP	$2,375,000	+10.9%	41,125	-0.4%	1.63%	+5.9%
MO	Sell	ALTRIA GROUP INC	$2,345,000	-2.7%	68,265	-0.9%	1.61%	-7.1%
PM	Sell	PHILIP MORRIS INTERNATIONAL IN	$2,262,000	-2.1%	26,127	-2.0%	1.55%	-6.5%
UTX	Buy	UNITED TECHNOLOGIES	$2,250,000	+16.5%	20,869	+0.4%	1.54%	+11.2%
ISRG	Sell	INTUITIVE SURGICAL	$2,088,000	-26.8%	5,550	-1.5%	1.43%	-30.1%
KRE	Sell	SPDR S&P REGIONAL BANKING ETF	$2,077,000	+2.3%	58,250	-2.8%	1.42%	-2.4%
CAT	Sell	CATERPILLAR INC DEL	$2,076,000	-9.1%	24,895	-10.0%	1.42%	-13.2%
MDR	Sell	MCDERMOTT INTL INC	$1,950,000	-42.3%	262,469	-36.5%	1.34%	-44.9%
XOM	Buy	EXXON MOBIL CORP	$1,886,000	-2.6%	21,920	+2.2%	1.29%	-7.1%
HEROQ	New	HERCULES OFFSHORE INC	$1,834,000	–	249,100	–	1.26%	–
IAU	Sell	ISHARES TR COMEX GOLD	$1,766,000	+4.9%	136,974	-2.5%	1.21%	+0.1%
IBM	Sell	INTL BUSINESS MACHINES	$1,713,000	-3.9%	9,250	-0.8%	1.17%	-8.2%
AMBA	New	AMBARELLA INC	$1,634,000	–	83,700	–	1.12%	–
CIEN	New	CIENA CORP	$1,596,000	–	63,800	–	1.09%	–
MDLZ	Sell	MONDELEZ INTERNATIONAL, INC.	$1,560,000	+1.9%	49,653	-7.5%	1.07%	-2.7%
NOV	Sell	NATIONAL OILWELL VARCO INC	$1,430,000	-29.7%	18,307	-38.0%	0.98%	-32.9%
CBI	Buy	CHICAGO BRIDGE AND IRON CO.	$1,253,000	+40.5%	18,493	+23.6%	0.86%	+34.1%
MDT	Sell	MEDTRONIC INC	$1,162,000	+1.8%	21,814	-1.6%	0.80%	-2.7%
DE	Sell	DEERE & CO	$981,000	-12.6%	12,052	-12.7%	0.67%	-16.5%
KO	Buy	COCA-COLA CO	$968,000	-5.2%	25,550	+0.4%	0.66%	-9.4%
EGHT	Sell	8x8 INC.	$695,000	-26.3%	69,000	-39.7%	0.48%	-29.6%
XLU	Buy	UTILITIES SELECT SECTOR SPDR	$616,000	-0.6%	16,496	+0.1%	0.42%	-5.2%
RDSB	Sell	ROYAL DUTCH SHELL B ADR	$592,000	+3.0%	8,596	-1.0%	0.40%	-1.7%
ARII	New	AMERICAN RAILCAR INDUSTRIES IN	$494,000	–	12,601	–	0.34%	–
RDC	New	ROWAN COMPANIES PLC	$444,000	–	12,100	–	0.30%	–
MSFT	Sell	MICROSOFT CORP	$321,000	-4.5%	9,650	-0.8%	0.22%	-8.7%
KRFT	Sell	KRAFT FOODS GROUP	$270,000	-11.8%	5,147	-6.1%	0.18%	-15.5%
A309PS	Exit	DIRECTV	$0	–	-12,200	–	-0.54%	–
MCD	Exit	MCDONALDS CORP	$0	–	-18,417	–	-1.31%	–
MAKO	Exit	MAKO SURGICAL CORP	$0	–	-225,250	–	-1.95%	–

Q2 2013

			Value		Shares		↓ Weighting
AAPL	New	APPLE INC	$9,350,000	–	23,580	–	6.71%	–
IBB	New	ISHARES NASDAQ BIOTECH INDX	$7,133,000	–	41,022	–	5.12%	–
EMC	New	EMC CORP	$6,021,000	–	254,922	–	4.32%	–
GE	New	GENERAL ELECTRIC CO	$5,472,000	–	235,954	–	3.92%	–
GLW	New	CORNING INC	$5,436,000	–	382,043	–	3.90%	–
AMZN	New	AMAZON COM INC	$5,369,000	–	19,335	–	3.85%	–
OIH	New	MARKET VECTORS OIL SERVICE ETF	$4,648,000	–	108,659	–	3.33%	–
INTC	New	INTEL CORP	$4,474,000	–	184,660	–	3.21%	–
GS	New	GOLDMAN SACHS GROUP INC	$4,321,000	–	28,568	–	3.10%	–
SLB	New	SCHLUMBERGER LTD	$4,185,000	–	58,395	–	3.00%	–
VZ	New	VERIZON COMMUNICATIONS	$4,087,000	–	81,185	–	2.93%	–
ESBK	New	ELMIRA SAVINGS BANK	$4,003,000	–	185,737	–	2.87%	–
PEP	New	PEPSICO INC	$3,984,000	–	48,711	–	2.86%	–
QCOM	New	QUALCOMM INC	$3,956,000	–	64,750	–	2.84%	–
CVX	New	CHEVRON CORP	$3,620,000	–	30,593	–	2.60%	–
MDR	New	MCDERMOTT INTL INC	$3,381,000	–	413,361	–	2.42%	–
UNP	New	UNION PACIFIC CORP	$3,369,000	–	21,840	–	2.42%	–
PFF	New	ISHARES S&P U.S. PREFERRED STO	$3,321,000	–	84,546	–	2.38%	–
FDX	New	FEDEX CORP	$3,283,000	–	33,300	–	2.36%	–
MU	New	MICRON TECHNOLOGY INC	$3,281,000	–	228,966	–	2.35%	–
PCP	New	PRECISION CASTPARTS CORP	$2,858,000	–	12,645	–	2.05%	–
ISRG	New	INTUITIVE SURGICAL	$2,852,000	–	5,635	–	2.05%	–
GRMN	New	GARMIN LTD.	$2,825,000	–	78,100	–	2.03%	–
MAKO	New	MAKO SURGICAL CORP	$2,714,000	–	225,250	–	1.95%	–
MO	New	ALTRIA GROUP INC	$2,411,000	–	68,914	–	1.73%	–
PM	New	PHILIP MORRIS INTERNATIONAL IN	$2,310,000	–	26,667	–	1.66%	–
CAT	New	CATERPILLAR INC DEL	$2,283,000	–	27,676	–	1.64%	–
DVN	New	DEVON ENERGY CORP	$2,141,000	–	41,275	–	1.54%	–
FB	New	FACEBOOK INC	$2,071,000	–	83,225	–	1.48%	–
NOV	New	NATIONAL OILWELL VARCO INC	$2,033,000	–	29,507	–	1.46%	–
KRE	New	SPDR S&P REGIONAL BANKING ETF	$2,031,000	–	59,950	–	1.46%	–
XOM	New	EXXON MOBIL CORP	$1,937,000	–	21,443	–	1.39%	–
UTX	New	UNITED TECHNOLOGIES	$1,932,000	–	20,791	–	1.39%	–
MCD	New	MCDONALDS CORP	$1,823,000	–	18,417	–	1.31%	–
IBM	New	INTL BUSINESS MACHINES	$1,782,000	–	9,323	–	1.28%	–
IAU	New	ISHARES TR COMEX GOLD	$1,684,000	–	140,424	–	1.21%	–
MDLZ	New	MONDELEZ INTERNATIONAL, INC.	$1,531,000	–	53,652	–	1.10%	–
MDT	New	MEDTRONIC INC	$1,141,000	–	22,159	–	0.82%	–
DE	New	DEERE & CO	$1,122,000	–	13,803	–	0.80%	–
KO	New	COCA-COLA CO	$1,021,000	–	25,450	–	0.73%	–
EGHT	New	8x8 INC.	$943,000	–	114,450	–	0.68%	–
CBI	New	CHICAGO BRIDGE AND IRON CO.	$892,000	–	14,958	–	0.64%	–
A309PS	New	DIRECTV	$752,000	–	12,200	–	0.54%	–
XLU	New	UTILITIES SELECT SECTOR SPDR	$620,000	–	16,484	–	0.44%	–
BOND	New	PIMCO TOTAL RETURN ETF	$591,000	–	5,600	–	0.42%	–
RDSB	New	ROYAL DUTCH SHELL B ADR	$575,000	–	8,682	–	0.41%	–
TGT	New	TARGET CORP	$467,000	–	6,775	–	0.34%	–
MSFT	New	MICROSOFT CORP	$336,000	–	9,725	–	0.24%	–
KRFT	New	KRAFT FOODS GROUP	$306,000	–	5,481	–	0.22%	–
JNJ	New	JOHNSON & JOHNSON	$298,000	–	3,475	–	0.21%	–
PZT	New	POWERSHARES INSURED NY MUNI BO	$243,000	–	10,500	–	0.17%	–
MUNI	New	PIMCO INTERMEDIATE MUNI BOND E	$207,000	–	4,000	–	0.15%	–

Compare quarters

Export VALICENTI ADVISORY SERVICES INC's holdings