STALEY CAPITAL ADVISERS INC Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$136,238,567	-9.4%	431,476	-2.2%	7.50%	-7.3%
IWF	Sell	iSHARES RUSSELL 1000 GROWTHetf	$115,735,028	-5.3%	435,110	-2.0%	6.38%	-3.1%
GOOG	Sell	ALPHABET C	$87,012,957	+8.9%	659,939	-0.1%	4.79%	+11.4%
QCOM	Buy	QUALCOMM INC.	$85,672,993	-6.3%	771,412	+0.4%	4.72%	-4.1%
BRKB	Sell	BERKSHIRE HATH B	$72,138,680	+1.9%	205,934	-0.8%	3.97%	+4.3%
JPM	Sell	J.P. MORGAN CHASE	$71,155,477	-0.5%	490,660	-0.2%	3.92%	+1.8%
CVX	Buy	CHEVRON CORP	$65,238,352	+9.2%	386,896	+1.9%	3.59%	+11.8%
CVS	Buy	CVS HEALTH CORP	$62,075,671	+2.9%	889,082	+1.9%	3.42%	+5.3%
FDX	Sell	FEDEX CORP	$56,548,021	-3.2%	213,453	-9.4%	3.12%	-1.0%
FISV	Sell	FISERV INC	$53,951,052	-10.5%	477,612	-0.0%	2.97%	-8.4%
BA	Buy	BOEING CO.	$50,394,014	-3.6%	262,907	+6.2%	2.78%	-1.4%
DD	Buy	DU PONT	$49,665,315	+5.4%	665,844	+0.9%	2.74%	+7.8%
PFE	Buy	PFIZER INC	$44,653,016	-5.7%	1,346,187	+4.3%	2.46%	-3.5%
JNJ	Buy	JOHNSON&JOHNSON	$43,733,810	-3.7%	280,795	+2.4%	2.41%	-1.5%
CSCO	Sell	CISCO SYSTEMS	$41,289,467	+0.4%	768,033	-3.4%	2.27%	+2.7%
AMZN	Sell	AMAZON.COM	$40,729,053	-4.2%	320,398	-1.7%	2.24%	-1.9%
GM	Buy	GENERAL MOTORS	$39,486,393	-14.0%	1,197,646	+0.6%	2.18%	-12.1%
LQDT	Sell	LIQUIDITY SERVICES	$38,764,000	+2.1%	2,200,000	-4.3%	2.14%	+4.5%
GLD	Sell	SPDR GOLD SHARESetf	$37,497,829	-4.1%	218,710	-0.3%	2.07%	-1.9%
GLW	Sell	CORNING, INC.	$35,207,297	-16.9%	1,155,474	-4.4%	1.94%	-15.0%
AAPL	Buy	APPLE INC	$27,940,134	-11.2%	163,192	+0.5%	1.54%	-9.2%
IFF	Buy	INTL FLAV/FRAG.	$26,699,803	+423.3%	391,665	+511.0%	1.47%	+434.9%
CTVA	Buy	CORTEVA INC.	$26,031,958	+5.9%	508,834	+18.6%	1.43%	+8.3%
VWO	Sell	VANGUARD EMERG. MARKETS ETFetf	$24,952,975	-9.5%	636,393	-6.2%	1.38%	-7.4%
INTC	Sell	INTEL CORP	$23,102,617	+6.0%	649,863	-0.3%	1.27%	+8.4%
DIS	Buy	WALT DISNEY CO.	$20,855,393	+10.3%	257,315	+21.6%	1.15%	+12.9%
GDX	Sell	VANECK VECTORS GOLD MINERSetf	$19,531,682	-11.4%	725,815	-0.9%	1.08%	-9.4%
TJX	Sell	TJX COS INC	$17,720,006	+1.6%	199,370	-3.1%	0.98%	+3.9%
VTV	Buy	VANGUARD VALUEetf	$15,451,944	+0.1%	112,027	+3.1%	0.85%	+2.4%
TWI	Sell	TITAN INTL INC	$13,430,000	+11.4%	1,000,000	-4.8%	0.74%	+14.0%
	Sell	WARNER BROS DISCOVERY INC COM	$13,263,025	-16.6%	1,221,273	-3.7%	0.73%	-14.6%
C	Buy	CITIGROUP	$12,852,878	-5.2%	312,494	+6.1%	0.71%	-3.0%
PM	Sell	PHILIP MORRIS INTl.	$12,638,328	-25.0%	136,513	-20.9%	0.70%	-23.3%
EFG	Sell	iSHARES EAFE GROWTHetf	$12,029,948	-9.8%	139,397	-0.3%	0.66%	-7.7%
NVDA	Buy	NVIDIA CORP	$11,409,403	+3.0%	26,229	+0.1%	0.63%	+5.2%
VCSH	Buy	VANGUARD S/T CORP BOND ETFetf	$11,190,962	+5.0%	148,915	+5.7%	0.62%	+7.3%
VGIT	Buy	VANGUARD INTERM. TREASURYetf	$11,165,395	+19.5%	195,370	+22.6%	0.62%	+22.3%
VO	Buy	VANGUARD MID CAPetf	$11,061,292	+8.1%	53,118	+14.2%	0.61%	+10.5%
VB	Buy	VANGUARD SMALL-CAP ETFetf	$10,808,902	+2.2%	57,169	+7.5%	0.60%	+4.4%
MRCY	Buy	MERCURY SYSTEMS	$10,684,516	+208.9%	288,070	+188.1%	0.59%	+216.7%
VMBS	Buy	VANGUARD MBS ETFetf	$10,555,358	+164.0%	241,100	+177.3%	0.58%	+170.2%
VEA	Buy	VANGUARD DEV. MARKETS ETFetf	$10,383,675	-4.0%	237,504	+1.4%	0.57%	-1.9%
ESGU	Buy	iSHARES ESG AWARE USAetf	$9,403,678	-3.5%	100,135	+0.1%	0.52%	-1.3%
DOW	Sell	DOW CHEMICAL	$8,657,925	-14.0%	167,919	-11.2%	0.48%	-12.0%
VZ	Sell	VERIZON COMM.	$7,362,132	-22.4%	227,156	-11.0%	0.41%	-20.5%
SPG	Buy	SIMON PROPERTY GROUP INC	$7,087,200	-3.1%	65,604	+3.5%	0.39%	-1.0%
EFV	Buy	iSHARES EAFE VALUEetf	$6,194,195	+0.4%	126,593	+0.4%	0.34%	+2.7%
BND	Buy	VANGUARD TOTAL BOND MARKETetf	$6,051,322	+218.7%	86,720	+232.0%	0.33%	+226.5%
GOOGL	Sell	ALPHABET A	$5,695,206	+9.1%	43,521	-0.2%	0.31%	+11.7%
MDY	Sell	SPDR S&P 400 MIDCAPetf	$5,649,589	-7.7%	12,372	-3.2%	0.31%	-5.5%
EEM	Buy	ISHARES MSCI EMERGING MKTS ETFetf	$5,206,740	+4.3%	137,200	+8.7%	0.29%	+6.7%
MINT	Sell	PIMCO ENHANCED SHORT MATURITYetf	$4,918,115	-73.5%	49,112	-73.6%	0.27%	-72.9%
NEAR	Sell	iSHARES SHORT MATURITY BONDetf	$4,732,066	-40.1%	94,850	-40.3%	0.26%	-38.7%
VIG	Buy	VANGUARD DIV. APPRECIATION ETFetf	$4,244,049	+2.2%	27,314	+6.9%	0.23%	+4.9%
COMM	Buy	COMMSCOPE	$3,953,712	-33.9%	1,176,700	+10.8%	0.22%	-32.3%
IYW	Sell	ISHARES U.S. TECH ETFetf	$3,920,546	-32.2%	37,367	-29.6%	0.22%	-30.5%
XBI	Buy	SPDR S&P BIOTECHetf	$3,438,147	-11.8%	47,085	+0.5%	0.19%	-10.0%
NULV	Sell	NUVEEN ESG LARGE CAP VALUEetf	$3,123,870	-9.8%	93,000	-7.0%	0.17%	-8.0%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BONDetf	$2,716,938	-23.9%	92,665	-23.6%	0.15%	-21.9%
IBM	Buy	IBM	$2,659,667	+6.3%	18,957	+1.4%	0.15%	+8.9%
MA	Buy	MASTERCARD INC	$2,169,983	+10.3%	5,481	+9.5%	0.12%	+13.2%
CAT	Buy	CATERPILLAR INC	$1,860,222	+11.2%	6,814	+0.2%	0.10%	+13.3%
VCIT	Buy	VANGUARD INTER-TERM CORP BONDetf	$1,827,319	+22.8%	24,050	+27.7%	0.10%	+26.2%
SHM	Sell	SPDR SHORT TERM MUNICIPALetf	$1,819,150	-58.7%	39,350	-58.0%	0.10%	-57.8%
PG	Sell	PROCTER & GAMBLE	$1,789,848	-4.8%	12,271	-0.9%	0.10%	-2.0%
UBSI	Buy	UNITED BANKSHARES	$1,773,551	-6.9%	64,282	+0.1%	0.10%	-4.9%
VOO	Sell	VANGUARD S&P 500 ETFetf	$1,784,036	-4.5%	4,543	-1.0%	0.10%	-3.0%
PEP	Buy	PEPSICO INC	$1,641,376	-1.6%	9,687	+7.5%	0.09%	0.0%
VEU	Sell	VANGUARD FTSE ALL-WORLD EX-USetf	$1,623,375	-5.2%	31,297	-0.6%	0.09%	-3.3%
SCHM	Sell	SCHWAB U.S. MID CAPetf	$1,567,006	-5.0%	23,153	-0.3%	0.09%	-3.4%
ATRA	Buy	ATARA BIOTHERAPEUTICS INC.	$1,480,000	+22.6%	1,000,000	+33.3%	0.08%	+26.2%
ABC	Buy	CENCORA	$1,473,774	-4.1%	8,189	+2.5%	0.08%	-2.4%
VUG	Sell	VANGUARD GROWTHetf	$1,418,735	-29.0%	5,210	-26.2%	0.08%	-27.8%
FLOT	Sell	ISHARES FLOATING RATE NOTEetf	$1,394,386	-10.0%	27,400	-10.2%	0.08%	-7.2%
HD	Buy	HOME DEPOT INC.	$1,255,192	+3.0%	4,154	+5.9%	0.07%	+4.5%
SPY	Sell	SPDR S&P 500 ETFetf	$1,238,837	-6.3%	2,898	-2.8%	0.07%	-4.2%
IJR	Sell	ISHARES S&P SMALL-CAP ETFetf	$1,209,311	-5.4%	12,820	-0.1%	0.07%	-2.9%
VV	Buy	VANGUARD LARGE CAP ETFetf	$1,194,296	+1.9%	6,103	+5.6%	0.07%	+4.8%
SCHB	Sell	SCHWAB U.S. BROAD MARKETetf	$1,092,005	-3.9%	21,906	-0.4%	0.06%	-1.6%
ABT	Sell	ABBOTT LABS	$1,086,073	-54.3%	11,214	-48.6%	0.06%	-53.1%
XOM	Buy	EXXON MOBIL	$1,096,877	+18.9%	9,329	+8.4%	0.06%	+20.0%
TSLA	Buy	TESLA MOTORS	$1,066,187	-3.6%	4,261	+0.9%	0.06%	-1.7%
NEM	Buy	NEWMONT MINING	$1,035,302	-13.3%	28,019	+0.1%	0.06%	-10.9%
SNPS	Sell	SYNOPSYS INC	$1,012,488	+4.0%	2,206	-1.3%	0.06%	+7.7%
CFG	Buy	CITIZENS FINL	$969,812	+2.9%	36,187	+0.1%	0.05%	+3.9%
V	Buy	VISA INC CL A	$926,250	+2.0%	4,027	+5.4%	0.05%	+4.1%
VGK	Sell	VANGUARD FTSE EUROPEetf	$893,223	-52.4%	15,419	-49.3%	0.05%	-51.5%
MRK	Sell	MERCK & CO. INC.	$840,793	-14.9%	8,167	-4.7%	0.05%	-13.2%
IVV	Buy	ISHARES TR S&P 500 INDEXetf	$839,527	+31.7%	1,955	+36.7%	0.05%	+35.3%
IWD	Sell	iSHARES RUSSELL 1000 VALUEetf	$813,393	-4.1%	5,358	-0.3%	0.04%	-2.2%
QRTEA	Buy	QURATE RETAIL INC. QVC GROUP	$788,580	-0.4%	1,300,000	+62.5%	0.04%	0.0%
LOW	Buy	LOWE'S COMPANIES	$782,518	+19.6%	3,765	+29.8%	0.04%	+22.9%
PFF	Sell	iSHARES PREFERRED STOCKetf	$744,705	-8.1%	24,700	-5.7%	0.04%	-6.8%
PH	Sell	PARKER HANNIFIN	$698,020	-0.3%	1,792	-0.2%	0.04%	0.0%
CRM	Buy	SALESFORCE.COM	$672,216	-3.5%	3,315	+0.5%	0.04%	-2.6%
MTB	Buy	M & T BK CORP COM	$647,045	+15.8%	5,117	+13.3%	0.04%	+20.0%
RJF	Buy	RAYMOND JAMES FINL	$627,989	-3.2%	6,253	+0.0%	0.04%	0.0%
DLN	Buy	WISDOMTREE LARGECAP DIVetf	$627,826	+0.1%	10,210	+3.5%	0.04%	+2.9%
PNC	Buy	PNC FINANCIAL	$639,141	+10.2%	5,206	+13.0%	0.04%	+12.9%
TFC	Buy	TRUIST FINL CORP	$615,372	+9.6%	21,509	+16.3%	0.03%	+13.3%
FB	Buy	META PLATFORMS INC CL A	$592,915	+6.6%	1,975	+1.9%	0.03%	+10.0%
LIN	Buy	LINDE PLC	$545,120	+41.6%	1,464	+45.0%	0.03%	+42.9%
UNH	Buy	UNITEDHEALTH GROUP	$540,996	+12.1%	1,073	+6.9%	0.03%	+15.4%
IJH	Buy	ISHARES CORE S&P MID-CAP ETFetf	$531,115	-4.0%	2,130	+0.7%	0.03%	-3.3%
AEM	Buy	AGNICO EAGLE MINES LTD COM	$522,675	+149.0%	11,500	+173.8%	0.03%	+163.6%
BAC	Sell	BANK OF AMERICA	$513,621	-6.2%	18,759	-1.7%	0.03%	-3.4%
IWB	Sell	ISHARES RUSSELL 1000 ETFetf	$493,311	-26.2%	2,100	-23.5%	0.03%	-25.0%
GE	Sell	GENERAL ELECTRIC	$457,692	-12.6%	4,140	-13.2%	0.02%	-10.7%
COP	Sell	CONOCOPHILLIPS	$430,082	+12.7%	3,590	-2.5%	0.02%	+14.3%
	Buy	AUTOMATIC DATA PROCESSING	$425,586	+20.3%	1,769	+9.9%	0.02%	+21.1%
MO	Buy	ALTRIA GROUP INC.	$425,336	-6.8%	10,115	+0.4%	0.02%	-8.0%
SWKS	Buy	SKYWORKS SOLUTIONS INC.	$394,656	-10.9%	4,003	+0.1%	0.02%	-8.3%
FMC	Buy	F M C CORP	$402,958	-35.8%	6,017	+0.0%	0.02%	-35.3%
ABBV	Sell	ABBVIE INC.	$371,905	+0.2%	2,495	-9.4%	0.02%	0.0%
IWM	Buy	ISHARES RUSSELL 2000 INDEXetf	$372,038	+2.4%	2,105	+8.4%	0.02%	0.0%
AMGN	Buy	AMGEN INC	$360,138	+21.5%	1,340	+0.4%	0.02%	+25.0%
SLB	Buy	SCHLUMBERGER	$326,771	+18.8%	5,605	+0.1%	0.02%	+20.0%
DFAT	Buy	DIMENSIONAL ETF TRUST US TARGEetf	$324,021	-1.1%	7,092	+0.4%	0.02%	0.0%
NKE	Buy	NIKE INC. CL B	$304,358	-12.9%	3,183	+0.5%	0.02%	-10.5%
MDLZ	Sell	MONDELEZ INTL	$300,363	-25.9%	4,328	-22.1%	0.02%	-22.7%
ON	Buy	ON SEMI	$285,356	-0.9%	3,070	+0.8%	0.02%	0.0%
NFLX	Buy	NETFLIX INC.	$289,619	-13.0%	767	+1.5%	0.02%	-11.1%
UPS	Buy	UNITED PARCEL SERVICE-CL B	$296,776	-12.4%	1,904	+0.7%	0.02%	-11.1%
TMO	New	THERMO FISHER SCIENTIFIC	$282,949	–	559	–	0.02%	–
IAU	Sell	ISHARES GOLD TRUSTetf	$275,826	-4.0%	7,883	-0.2%	0.02%	0.0%
DHR	Sell	DANAHER CORP.	$273,158	-0.2%	1,101	-3.4%	0.02%	0.0%
COST	Buy	COSTCO WHOLESALE	$249,147	+22.1%	441	+16.4%	0.01%	+27.3%
FOR	Buy	D R HORTON	$200,969	-10.7%	1,870	+1.1%	0.01%	-8.3%
PPG	Buy	PPG INDUSTRIES	$204,695	-12.0%	1,577	+0.6%	0.01%	-15.4%
NUV	Sell	NUVEEN MUNI VALUE	$202,370	-9.1%	24,500	-4.3%	0.01%	-8.3%
	New	RIVIAN AUTOMOTIVE INC COM CL A	$206,380	–	8,500	–	0.01%	–
EVV	Sell	EATON VANCE LIMITED DURATION	$97,962	-5.9%	10,837	-2.5%	0.01%	-16.7%
CWGL	Sell	CRIMSON WINE GROUP LTD	$63,653	-58.7%	10,600	-53.9%	0.00%	-50.0%
MTNB	Sell	MATINAS BIO	$52,000	-75.9%	400,000	-33.3%	0.00%	-75.0%
	Exit	LANNETT	$0	–	-153,786	–	0.00%	–
VYMI	Exit	VANGUARD INTL. HIGH DIVIDENDetf	$0	–	-3,200	–	-0.01%	–
SJM	Exit	SMUCKER J M CO	$0	–	-1,378	–	-0.01%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETFetf	$0	–	-10,069	–	-0.01%	–
DGRO	Exit	ISHARES TR CORE DIV GRWTHetf	$0	–	-5,605	–	-0.02%	–
QUAL	Exit	ISHARES TR MSCI USA QLT FCTetf	$0	–	-2,233	–	-0.02%	–
BIV	Exit	VANGUARD INTERM-TERM BONDetf	$0	–	-7,334	–	-0.03%	–
SHY	Exit	iSHARES 1-3 YR TREASURYetf	$0	–	-11,525	–	-0.05%	–
BSV	Exit	VANGUARD S/T BONDetf	$0	–	-23,579	–	-0.10%	–

Q2 2023

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$150,311,481	–	441,392	–	8.09%	–
IWF	New	iSHARES RUSSELL 1000 GROWTHetf	$122,230,401	–	444,183	–	6.58%	–
QCOM	New	QUALCOMM INC.	$91,424,447	–	768,015	–	4.92%	–
GOOG	New	ALPHABET C	$79,898,870	–	660,485	–	4.30%	–
JPM	New	J.P. MORGAN CHASE	$71,483,925	–	491,501	–	3.85%	–
BRKB	New	BERKSHIRE HATH B	$70,777,960	–	207,560	–	3.81%	–
CVS	New	CVS HEALTH CORP	$60,305,591	–	872,351	–	3.25%	–
FISV	New	FISERV INC	$60,269,298	–	477,759	–	3.24%	–
CVX	New	CHEVRON CORP	$59,723,560	–	379,559	–	3.22%	–
FDX	New	FEDEX CORP	$58,404,495	–	235,597	–	3.14%	–
BA	New	BOEING CO.	$52,258,721	–	247,484	–	2.81%	–
PFE	New	PFIZER INC	$47,350,097	–	1,290,897	–	2.55%	–
DD	New	DU PONT	$47,138,389	–	659,832	–	2.54%	–
GM	New	GENERAL MOTORS	$45,924,695	–	1,190,993	–	2.47%	–
JNJ	New	JOHNSON&JOHNSON	$45,408,968	–	274,341	–	2.44%	–
AMZN	New	AMAZON.COM	$42,493,119	–	325,967	–	2.29%	–
GLW	New	CORNING, INC.	$42,351,894	–	1,208,673	–	2.28%	–
CSCO	New	CISCO SYSTEMS	$41,121,112	–	794,764	–	2.21%	–
GLD	New	SPDR GOLD SHARESetf	$39,116,895	–	219,425	–	2.11%	–
LQDT	New	LIQUIDITY SERVICES	$37,950,000	–	2,300,000	–	2.04%	–
AAPL	New	APPLE INC	$31,481,663	–	162,302	–	1.70%	–
VWO	New	VANGUARD EMERG. MARKETS ETFetf	$27,586,739	–	678,140	–	1.48%	–
CTVA	New	CORTEVA INC.	$24,588,931	–	429,126	–	1.32%	–
GDX	New	VANECK VECTORS GOLD MINERSetf	$22,050,005	–	732,315	–	1.19%	–
INTC	New	INTEL CORP	$21,802,868	–	652,000	–	1.17%	–
DIS	New	WALT DISNEY CO.	$18,899,607	–	211,689	–	1.02%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYetf	$18,554,102	–	185,987	–	1.00%	–
TJX	New	TJX COS INC	$17,445,373	–	205,748	–	0.94%	–
OKTA	New	OKTA INC	$17,093,180	–	246,477	–	0.92%	–
PM	New	PHILIP MORRIS INTl.	$16,849,225	–	172,600	–	0.91%	–
OPCH	New	OPTION CARE HEALTH INC COM NEW	$16,245,000	–	500,000	–	0.88%	–
	New	WARNER BRO. DISCOVERY	$15,895,704	–	1,267,600	–	0.86%	–
VTV	New	VANGUARD VALUE ETFetf	$15,443,206	–	108,678	–	0.83%	–
C	New	CITIGROUP	$13,554,760	–	294,413	–	0.73%	–
EFG	New	iSHARES EAFE GROWTHetf	$13,342,693	–	139,846	–	0.72%	–
TWI	New	TITAN INTL INC	$12,054,000	–	1,050,000	–	0.65%	–
NVDA	New	NVIDIA CORP	$11,082,295	–	26,198	–	0.60%	–
VEA	New	VANGUARD DEV. MARKETS ETFetf	$10,819,789	–	234,296	–	0.58%	–
VCSH	New	VANGUARD S/T CORP BOND ETFetf	$10,659,813	–	140,891	–	0.57%	–
VB	New	VANGUARD SMALL-CAP ETFetf	$10,579,415	–	53,192	–	0.57%	–
VO	New	VANGUARD MID CAPetf	$10,236,780	–	46,497	–	0.55%	–
DOW	New	DOW CHEMICAL	$10,069,624	–	189,065	–	0.54%	–
ESGU	New	iSHARES ESG AWARE USAetf	$9,746,000	–	100,000	–	0.52%	–
VZ	New	VERIZON COMM.	$9,489,581	–	255,165	–	0.51%	–
VGIT	New	VANGUARD INTERM. TREASURYetf	$9,345,066	–	159,309	–	0.50%	–
DNB	New	DUN & BRADSTREET HOLDINGS INC.	$8,677,500	–	750,000	–	0.47%	–
NEAR	New	iSHARES SHORT MATURITY BONDetf	$7,902,994	–	158,950	–	0.43%	–
SPG	New	SIMON PROPERTY GROUP INC	$7,317,275	–	63,364	–	0.39%	–
EFV	New	iSHARES EAFE VALUEetf	$6,167,908	–	126,030	–	0.33%	–
MDY	New	SPDR S&P 400 MIDCAPetf	$6,119,074	–	12,777	–	0.33%	–
COMM	New	COMMSCOPE	$5,977,371	–	1,061,700	–	0.32%	–
IYW	New	ISHARES U.S. TECH ETFetf	$5,781,115	–	53,101	–	0.31%	–
GOOGL	New	ALPHABET A	$5,219,922	–	43,608	–	0.28%	–
IFF	New	INTL. FLAVORS & FRAGRANCES	$5,101,719	–	64,100	–	0.28%	–
EEM	New	ISHARES MSCI EMERGING MKTS ETFetf	$4,992,472	–	126,200	–	0.27%	–
SHM	New	SPDR SHORT TERM MUNICIPALetf	$4,406,232	–	93,650	–	0.24%	–
VIG	New	VANGUARD DIV. APPRECIATION ETFetf	$4,150,736	–	25,554	–	0.22%	–
VMBS	New	VANGUARD MBS ETFetf	$3,998,830	–	86,950	–	0.22%	–
XBI	New	SPDR S&P BIOTECHetf	$3,896,672	–	46,835	–	0.21%	–
XLK	New	SPDR-TECHNOLOGYetf	$3,824,920	–	22,000	–	0.21%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDetf	$3,570,042	–	121,265	–	0.19%	–
NULV	New	NUVEEN ESG LARGE CAP VALUE	$3,465,000	–	100,000	–	0.19%	–
MRCY	New	MERCURY SYSTEMS	$3,459,000	–	100,000	–	0.19%	–
EFA	New	iSHARES MSCI EAFEetf	$3,373,497	–	46,531	–	0.18%	–
FORA	New	FORIAN INC COM	$2,695,000	–	1,100,000	–	0.14%	–
KKR	New	KKR & CO	$2,520,000	–	45,000	–	0.14%	–
IBM	New	IBM	$2,501,846	–	18,697	–	0.14%	–
TTEK	New	TETRA TECH INC	$2,488,848	–	15,200	–	0.13%	–
ABT	New	ABBOTT LABS	$2,378,827	–	21,820	–	0.13%	–
SCHG	New	SCHWAB U.S. LARGE-CAP ETFetf	$2,260,813	–	43,170	–	0.12%	–
FMNB	New	FARMERS NATIONAL BANC COM	$2,131,722	–	172,330	–	0.12%	–
VUG	New	VANGUARD GROWTHetf	$1,996,849	–	7,057	–	0.11%	–
MA	New	MASTERCARD INC	$1,968,073	–	5,004	–	0.11%	–
UBSI	New	UNITED BANKSHARES	$1,905,951	–	64,238	–	0.10%	–
BND	New	VANGUARD TOTAL BOND MARKETetf	$1,898,663	–	26,120	–	0.10%	–
VGK	New	VANGUARD FTSE EUROPEetf	$1,876,852	–	30,419	–	0.10%	–
PG	New	PROCTER & GAMBLE	$1,879,300	–	12,385	–	0.10%	–
VOO	New	VANGUARD S&P 500 ETFetf	$1,869,008	–	4,589	–	0.10%	–
SUSB	New	iSHARES ESG 1-5 YR CORPORATEetf	$1,793,250	–	75,000	–	0.10%	–
BSV	New	VANGUARD S/T BONDetf	$1,781,865	–	23,579	–	0.10%	–
VOE	New	VANGUARD MID-CAP VALUE ETFetf	$1,765,037	–	12,755	–	0.10%	–
VEU	New	VANGUARD FTSE ALL-WORLD EX-USetf	$1,712,919	–	31,482	–	0.09%	–
CAT	New	CATERPILLAR INC	$1,673,140	–	6,800	–	0.09%	–
PEP	New	PEPSICO INC	$1,668,833	–	9,010	–	0.09%	–
SCHM	New	SCHWAB U.S. MID CAPetf	$1,649,827	–	23,227	–	0.09%	–
FLOT	New	ISHARES FLOATING RATE NOTEetf	$1,550,010	–	30,500	–	0.08%	–
ABC	New	AMERISOURCEBERGEN	$1,536,938	–	7,987	–	0.08%	–
VCIT	New	VANGUARD INTER-TERM CORP BONDetf	$1,488,135	–	18,830	–	0.08%	–
TWLO	New	TWILIO INC	$1,431,450	–	22,500	–	0.08%	–
LYFT	New	LYFT INC	$1,419,061	–	147,973	–	0.08%	–
AR	New	ANTERO RES CORP	$1,358,770	–	59,000	–	0.07%	–
SPY	New	SPDR S&P 500 ETFetf	$1,322,304	–	2,983	–	0.07%	–
IJR	New	ISHARES S&P SMALL-CAP ETFetf	$1,278,211	–	12,827	–	0.07%	–
HD	New	HOME DEPOT INC.	$1,218,972	–	3,924	–	0.07%	–
ATRA	New	ATARA BIOTHERAPEUTICS INC.	$1,207,500	–	750,000	–	0.06%	–
NEM	New	NEWMONT MINING	$1,194,480	–	28,000	–	0.06%	–
VV	New	VANGUARD LARGE CAP ETFetf	$1,171,722	–	5,780	–	0.06%	–
SCHB	New	SCHWAB U.S. BROAD MARKETetf	$1,136,872	–	21,990	–	0.06%	–
TSLA	New	TESLA MOTORS	$1,105,455	–	4,223	–	0.06%	–
FHI	New	FEDERATED HERMES	$1,076,109	–	30,017	–	0.06%	–
MRK	New	MERCK & CO. INC.	$988,431	–	8,566	–	0.05%	–
SNPS	New	SYNOPSYS INC	$973,577	–	2,236	–	0.05%	–
ESGE	New	iSHARES ESG AWARE EMERGING MKTetf	$948,900	–	30,000	–	0.05%	–
CFG	New	CITIZENS FINL	$942,740	–	36,148	–	0.05%	–
SHY	New	iSHARES 1-3 YR TREASURYetf	$934,447	–	11,525	–	0.05%	–
XOM	New	EXXON MOBIL	$922,817	–	8,604	–	0.05%	–
V	New	VISA INC CL A	$907,649	–	3,822	–	0.05%	–
BUG	New	GLOBAL X FDS CYBRSCURTY ETFetf	$870,934	–	35,900	–	0.05%	–
HSIC	New	HENRY SCHEIN	$881,395	–	10,868	–	0.05%	–
IWD	New	iSHARES RUSSELL 1000 VALUEetf	$847,960	–	5,373	–	0.05%	–
PFF	New	iSHARES PREFERRED STOCKetf	$810,366	–	26,200	–	0.04%	–
VBR	New	VANGUARD SMALL CAP VALUE ETFetf	$816,249	–	4,935	–	0.04%	–
NML	New	NEUBERGER BRMN. MLP INCOMEmlp	$791,200	–	115,000	–	0.04%	–
QRTEA	New	QURATE RETAIL INC. QVC GROUP	$791,840	–	800,000	–	0.04%	–
CHKP	New	CHECK POINT SOFTWARE	$749,072	–	5,963	–	0.04%	–
CRM	New	SALESFORCE.COM	$696,524	–	3,297	–	0.04%	–
PH	New	PARKER HANNIFIN	$700,122	–	1,795	–	0.04%	–
IWB	New	ISHARES RUSSELL 1000 ETFetf	$668,823	–	2,744	–	0.04%	–
LOW	New	LOWE'S COMPANIES	$654,530	–	2,900	–	0.04%	–
RJF	New	RAYMOND JAMES FINL	$648,562	–	6,250	–	0.04%	–
FMC	New	F M C CORP	$627,501	–	6,014	–	0.03%	–
DLN	New	WISDOMTREE LARGECAP DIVetf	$627,207	–	9,862	–	0.03%	–
IVV	New	ISHARES TR S&P 500 INDEXetf	$637,357	–	1,430	–	0.03%	–
PNC	New	PNC FINANCIAL	$580,126	–	4,606	–	0.03%	–
MTB	New	M & T BK CORP COM	$558,776	–	4,515	–	0.03%	–
BIV	New	VANGUARD INTERM-TERM BONDetf	$551,737	–	7,334	–	0.03%	–
FB	New	META PLATFORMS INC CL A	$556,454	–	1,939	–	0.03%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFetf	$553,292	–	2,116	–	0.03%	–
TFC	New	TRUIST FINL CORP	$561,475	–	18,500	–	0.03%	–
BAC	New	BANK OF AMERICA	$547,721	–	19,091	–	0.03%	–
GE	New	GENERAL ELECTRIC	$523,778	–	4,768	–	0.03%	–
UNH	New	UNITEDHEALTH GROUP	$482,563	–	1,004	–	0.03%	–
HON	New	HUBSPOT INC	$478,881	–	900	–	0.03%	–
	New	SCHWAB S&P 500 INDEXetf	$471,561	–	6,867	–	0.02%	–
MO	New	ALTRIA GROUP INC.	$456,534	–	10,078	–	0.02%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$442,760	–	4,000	–	0.02%	–
BOX	New	BOX INC CL A	$411,320	–	14,000	–	0.02%	–
	New	SAMSARA INC	$415,650	–	15,000	–	0.02%	–
MDLZ	New	MONDELEZ INTL	$405,182	–	5,555	–	0.02%	–
COP	New	CONOCOPHILLIPS	$381,492	–	3,682	–	0.02%	–
HERO	New	GLOBAL X FDS VDEO GAM ESPRTetf	$385,212	–	18,800	–	0.02%	–
LIN	New	LINDE PLC	$384,891	–	1,010	–	0.02%	–
IWM	New	ISHARES RUSSELL 2000 INDEXetf	$363,491	–	1,941	–	0.02%	–
ABBV	New	ABBVIE INC.	$371,181	–	2,755	–	0.02%	–
NKE	New	NIKE INC. CL B	$349,431	–	3,166	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$353,862	–	1,610	–	0.02%	–
MDYV	New	SPDR S&P 400 MID CAP VALUEetf	$351,535	–	5,111	–	0.02%	–
DFAT	New	DIMENSIONAL ETF TRUST US TARGE	$327,725	–	7,065	–	0.02%	–
NFLX	New	NETFLIX INC.	$333,010	–	756	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE-CL B	$338,782	–	1,890	–	0.02%	–
	New	PIMCO FDS COMMREAL STG I 2	$317,426	–	24,974	–	0.02%	–
DGRO	New	ISHARES TR CORE DIV GRWTHetf	$288,826	–	5,605	–	0.02%	–
ON	New	ON SEMI	$287,996	–	3,045	–	0.02%	–
QUAL	New	ISHARES TR MSCI USA QLT FCTetf	$301,165	–	2,233	–	0.02%	–
AMGN	New	AMGEN INC	$296,397	–	1,335	–	0.02%	–
IAU	New	ISHARES GOLD TRUSTetf	$287,372	–	7,897	–	0.02%	–
DHR	New	DANAHER CORP.	$273,600	–	1,140	–	0.02%	–
NRK	New	NUVEEN NY AMT-FREE MUN	$274,275	–	26,500	–	0.02%	–
SLB	New	SCHLUMBERGER	$275,023	–	5,599	–	0.02%	–
POOL	New	POOL CORPORATION	$251,758	–	672	–	0.01%	–
SCHE	New	SCHWAB EMERGING MARKET ETFetf	$247,999	–	10,069	–	0.01%	–
COIN	New	COINBASE GLOBAL	$236,115	–	3,300	–	0.01%	–
PPG	New	PPG INDUSTRIES	$232,534	–	1,568	–	0.01%	–
MTNB	New	MATINAS BIO	$216,000	–	600,000	–	0.01%	–
NUV	New	NUVEEN MUNI VALUE	$222,720	–	25,600	–	0.01%	–
FOR	New	D R HORTON	$225,126	–	1,850	–	0.01%	–
DVY	New	iSHARES DIVIDENDetf	$231,245	–	2,041	–	0.01%	–
SJM	New	SMUCKER J M CO	$203,489	–	1,378	–	0.01%	–
PFXF	New	VANECK VECTORS PFD. SEC. EX-FIetf	$199,671	–	11,300	–	0.01%	–
VYMI	New	VANGUARD INTL. HIGH DIVIDENDetf	$202,240	–	3,200	–	0.01%	–
COST	New	COSTCO WHOLESALE	$204,046	–	379	–	0.01%	–
	New	BP PLC - SPONS ADR	$204,174	–	5,786	–	0.01%	–
AEM	New	AGNICO EAGLE MINES LTD COM	$209,916	–	4,200	–	0.01%	–
VIAC	New	PARAMOUNT GLOBAL	$196,648	–	12,360	–	0.01%	–
CWGL	New	CRIMSON WINE GROUP LTD	$154,100	–	23,000	–	0.01%	–
PHAT	New	PHATHOM PHARM.	$143,200	–	10,000	–	0.01%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTetf	$127,625	–	12,500	–	0.01%	–
EVV	New	EATON VANCE LIMITED DURATIONbond	$104,073	–	11,119	–	0.01%	–
NAZ	New	NUVEEN ARIZONA QLTY MUNI	$107,500	–	10,000	–	0.01%	–
	New	PLANET LABS	$96,600	–	30,000	–	0.01%	–
VYNE	New	VYNE THERAP.	$96,235	–	23,472	–	0.01%	–
GNPX	New	GENPREX INC COM	$47,430	–	50,000	–	0.00%	–
	New	LANNETT	$4,560	–	153,786	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
MAKAF	Exit	MAKARA MNG CORP COM	$0	–	-20,000	–	0.00%	–
VYNE	Exit	VYNE THERAP.	$0	–	-125,000	–	-0.00%	–
HOFV	Exit	HALL OF FAME RESORT & COM	$0	–	-29,800	–	-0.00%	–
EVV	Exit	EATON VANCE LIMITED DURATIONetf	$0	–	-11,622	–	-0.00%	–
GNPX	Exit	GENPREX INC COM	$0	–	-100,000	–	-0.01%	–
DVY	Exit	iSHARES DIVIDENDetf	$0	–	-2,041	–	-0.01%	–
PHAT	Exit	PHATHOM PHARMACEUTICAL COM	$0	–	-20,000	–	-0.01%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTetf	$0	–	-25,000	–	-0.01%	–
NAZ	Exit	NUVEEN ARIZONA QLTY MUNIetf	$0	–	-20,000	–	-0.01%	–
	Exit	SAMSARA INC	$0	–	-24,000	–	-0.01%	–
	Exit	PLANET LABS	$0	–	-60,000	–	-0.01%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-51,654	–	-0.01%	–
PFXF	Exit	VANECK VECTORS PFD. SEC. EX-FIetf	$0	–	-22,600	–	-0.01%	–
	Exit	AT&T CORP.	$0	–	-23,690	–	-0.01%	–
	Exit	PIMCO FDS COMMREAL STG I 2	$0	–	-74,931	–	-0.01%	–
NQP	Exit	NUVEEN PA INV QUALITY MUNIetf	$0	–	-37,032	–	-0.01%	–
PSX	Exit	PHILLIPS 66	$0	–	-5,480	–	-0.01%	–
VBK	Exit	VANGUARD SMALL CAP GROWTHetf	$0	–	-2,166	–	-0.01%	–
HON	Exit	HONEYWELL INTL	$0	–	-2,540	–	-0.01%	–
LCI	Exit	LANNETT INC	$0	–	-1,030,290	–	-0.02%	–
BAC	Exit	BANK OF AMERICA	$0	–	-15,084	–	-0.02%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETFetf	$0	–	-21,378	–	-0.02%	–
HUBB	Exit	HUBSPOT INC	$0	–	-1,800	–	-0.02%	–
IAU	Exit	ISHARES GOLD TRUSTetf	$0	–	-15,794	–	-0.02%	–
FIS	Exit	FIDELITY NATL INFO SVC	$0	–	-7,000	–	-0.02%	–
NRK	Exit	NUVEEN NY AMT-FREE MUNetf	$0	–	-53,000	–	-0.02%	–
IWM	Exit	ISHARES RUSSELL 2000 INDEXetf	$0	–	-3,202	–	-0.02%	–
FHI	Exit	FEDERATED HERMES	$0	–	-16,920	–	-0.02%	–
NKE	Exit	NIKE INC. CL B	$0	–	-6,600	–	-0.02%	–
LIN	Exit	LINDE PLC	$0	–	-2,020	–	-0.02%	–
CRM	Exit	SALESFORCE.COM	$0	–	-3,900	–	-0.02%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUEetf	$0	–	-9,982	–	-0.02%	–
TSLA	Exit	TESLA MOTORS	$0	–	-2,226	–	-0.02%	–
AMGN	Exit	AMGEN INC	$0	–	-2,824	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-9,786	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE-CL B	$0	–	-3,882	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-12,124	–	-0.02%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETFetf	$0	–	-7,630	–	-0.02%	–
FB	Exit	META PLATFORMS INC CL A	$0	–	-4,794	–	-0.02%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-8,000	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-28,000	–	-0.02%	–
DFAT	Exit	DIMENSIONAL ETF TRUST US TARGEetf	$0	–	-17,158	–	-0.02%	–
COIN	Exit	COINBASE GLOBAL	$0	–	-10,800	–	-0.02%	–
HERO	Exit	GLOBAL X FDS VDEO GAM ESPRTetf	$0	–	-37,600	–	-0.02%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-7,294	–	-0.02%	–
V	Exit	VISA INC CL A	$0	–	-4,196	–	-0.02%	–
ABBV	Exit	ABBVIE INC.	$0	–	-5,486	–	-0.02%	–
MTNB	Exit	MATINAS BIO	$0	–	-1,200,000	–	-0.02%	–
	Exit	AUTOMATIC DATA PROCESSING	$0	–	-3,566	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-21,156	–	-0.03%	–
PH	Exit	PARKER HANNIFIN	$0	–	-3,584	–	-0.03%	–
BIV	Exit	VANGUARD INTERM-TERM BONDetf	$0	–	-14,380	–	-0.03%	–
TWTR	Exit	TWITTER INC	$0	–	-24,000	–	-0.03%	–
DLN	Exit	WISDOMTREE LARGECAP DIVetf	$0	–	-19,696	–	-0.04%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-5,870	–	-0.04%	–
IWB	Exit	ISHARES RUSSELL 1000 ETFetf	$0	–	-5,488	–	-0.04%	–
NUV	Exit	NUVEEN MUNI VALUEetf	$0	–	-128,200	–	-0.04%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,160	–	-0.04%	–
RJF	Exit	RAYMOND JAMES FINL	$0	–	-12,500	–	-0.04%	–
PNC	Exit	PNC FINANCIAL	$0	–	-8,544	–	-0.04%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKETetf	$0	–	-30,389	–	-0.04%	–
FMC	Exit	F M C CORP	$0	–	-12,028	–	-0.04%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-20,356	–	-0.04%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-11,926	–	-0.04%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-4,472	–	-0.04%	–
VUG	Exit	VANGUARD GROWTHetf	$0	–	-6,569	–	-0.04%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEetf	$0	–	-10,716	–	-0.05%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-17,102	–	-0.05%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETFetf	$0	–	-10,452	–	-0.05%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEetf	$0	–	-30,500	–	-0.05%	–
XOM	Exit	EXXON MOBIL	$0	–	-17,876	–	-0.05%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEmlp	$0	–	-259,000	–	-0.05%	–
BUG	Exit	GLOBAL X FDS CYBRSCURTY ETFetf	$0	–	-71,800	–	-0.06%	–
VEU	Exit	VANGUARD FTSE ALL-WORLD EX-USetf	$0	–	-40,970	–	-0.06%	–
PFF	Exit	iSHARES PREFERRED STOCKetf	$0	–	-60,400	–	-0.06%	–
AM	Exit	ANTERO MIDSTREAM CORP	$0	–	-213,622	–	-0.06%	–
ESGE	Exit	iSHARES ESG AWARE EMERGING MKTetf	$0	–	-74,000	–	-0.07%	–
MA	Exit	MASTERCARD INC	$0	–	-7,272	–	-0.07%	–
VV	Exit	VANGUARD LARGE CAP ETFetf	$0	–	-12,740	–	-0.07%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-15,974	–	-0.07%	–
CAT	Exit	CATERPILLAR INC	$0	–	-13,600	–	-0.07%	–
SPY	Exit	SPDR S&P 500 ETFetf	$0	–	-6,360	–	-0.07%	–
HD	Exit	HOME DEPOT INC.	$0	–	-8,216	–	-0.07%	–
SHY	Exit	iSHARES 1-3 YR TREASURYetf	$0	–	-29,100	–	-0.08%	–
CFG	Exit	CITIZENS FINL	$0	–	-72,296	–	-0.08%	–
NEM	Exit	NEWMONT MINING	$0	–	-64,000	–	-0.09%	–
VGK	Exit	VANGUARD FTSE EUROPEetf	$0	–	-60,838	–	-0.09%	–
VCIT	Exit	VANGUARD INTER-TERM CORP BONDetf	$0	–	-38,466	–	-0.09%	–
PEP	Exit	PEPSICO INC	$0	–	-18,020	–	-0.10%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS ETFetf	$0	–	-85,862	–	-0.10%	–
TWLO	Exit	TWILIO INC	$0	–	-45,000	–	-0.10%	–
BND	Exit	VANGUARD TOTAL BOND MARKETetf	$0	–	-43,600	–	-0.10%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-25,546	–	-0.10%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-91,398	–	-0.10%	–
VOE	Exit	VANGUARD MID-CAP VALUE ETFetf	$0	–	-27,518	–	-0.11%	–
ATRA	Exit	ATARA BIOTHERAPEUTICS	$0	–	-900,000	–	-0.11%	–
SUSB	Exit	iSHARES ESG 1-5 YR CORPORATEetf	$0	–	-150,000	–	-0.11%	–
IBM	Exit	IBM	$0	–	-30,194	–	-0.12%	–
TTEK	Exit	TETRA TECH INC	$0	–	-30,000	–	-0.12%	–
KKR	Exit	KKR & CO	$0	–	-90,200	–	-0.12%	–
LYFT	Exit	LYFT INC	$0	–	-295,946	–	-0.13%	–
QTRX	Exit	QUANTERIX CORP	$0	–	-400,000	–	-0.14%	–
AR	Exit	ANTERO RES CORP	$0	–	-146,000	–	-0.14%	–
BSV	Exit	VANGUARD S/T BONDetf	$0	–	-66,918	–	-0.16%	–
QRTEA	Exit	QURATE RETAIL GROUP	$0	–	-2,500,000	–	-0.16%	–
ABT	Exit	ABBOTT LABS	$0	–	-52,580	–	-0.16%	–
EFA	Exit	ISHARES MSCI EAFE ETFetf	$0	–	-93,354	–	-0.17%	–
XLK	Exit	SPDR-TECHNOLOGYetf	$0	–	-44,000	–	-0.17%	–
EMCF	Exit	EMCLAIRE FINL CORP COM	$0	–	-156,108	–	-0.18%	–
NULV	Exit	NUVEEN ESG LARGE CAP VALUEetf	$0	–	-200,000	–	-0.20%	–
NVDA	Exit	NVIDIA CORP	$0	–	-51,926	–	-0.20%	–
FORA	Exit	FORIAN INC	$0	–	-2,100,000	–	-0.23%	–
VGIT	Exit	VANGUARD INTERM. TREASURYetf	$0	–	-130,800	–	-0.25%	–
IYW	Exit	ISHARES U.S. TECH ETFetf	$0	–	-106,327	–	-0.25%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDetf	$0	–	-269,430	–	-0.25%	–
ESGU	Exit	ISHARES ESG AWARE USAetf	$0	–	-100,150	–	-0.26%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETFetf	$0	–	-58,962	–	-0.26%	–
GOOGL	Exit	ALPHABET A	$0	–	-86,110	–	-0.26%	–
SPG	Exit	SIMON PROPERTY GROUP INC	$0	–	-112,706	–	-0.33%	–
EFV	Exit	ISHARES EAFE VALUEetf	$0	–	-262,760	–	-0.33%	–
MDY	Exit	SPDR S&P 400 MIDCAPetf	$0	–	-25,526	–	-0.33%	–
XBI	Exit	SPDR S&P BIOTECHetf	$0	–	-135,564	–	-0.35%	–
MRCY	Exit	MERCURY SYSTEMS	$0	–	-269,700	–	-0.35%	–
VTV	Exit	VANGUARD VALUE INDEXetf	$0	–	-96,990	–	-0.39%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALetf	$0	–	-283,436	–	-0.42%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDetf	$0	–	-292,100	–	-0.46%	–
VB	Exit	VANGUARD SMALL-CAP ETFetf	$0	–	-87,466	–	-0.48%	–
DOW	Exit	DOW CHEMICAL	$0	–	-359,986	–	-0.51%	–
DNB	Exit	DUN AND BRADSTREET	$0	–	-1,300,000	–	-0.52%	–
VO	Exit	VANGUARD MID CAPetf	$0	–	-87,346	–	-0.53%	–
COMM	Exit	COMMSCOPE	$0	–	-1,963,800	–	-0.58%	–
VEA	Exit	VANGUARD DEV. MARKETS ETFetf	$0	–	-501,340	–	-0.59%	–
DIS	Exit	WALT DISNEY CO.	$0	–	-198,024	–	-0.60%	–
EFG	Exit	ISHARES EAFE GROWTHetf	$0	–	-286,788	–	-0.67%	–
VCSH	Exit	VANGUARD S/T CORP BOND ETFetf	$0	–	-303,500	–	-0.73%	–
WMT	Exit	WAL-MART STORES	$0	–	-180,878	–	-0.76%	–
TWI	Exit	TITAN INTERNATIONAL INC	$0	–	-2,050,266	–	-0.80%	–
TJX	Exit	TJX COS INC	$0	–	-423,340	–	-0.85%	–
	Exit	WARNER BRO. DISCOVERY	$0	–	-2,333,284	–	-0.86%	–
VZ	Exit	VERIZON COMM.	$0	–	-712,034	–	-0.87%	–
C	Exit	CITIGROUP	$0	–	-671,434	–	-0.90%	–
OKTA	Exit	OKTA INC	$0	–	-492,954	–	-0.90%	–
INTC	Exit	INTEL CORP	$0	–	-1,129,660	–	-0.94%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-362,432	–	-0.97%	–
GDX	Exit	VANECK VECTORS GOLD MINERSetf	$0	–	-1,490,750	–	-1.16%	–
OPCH	Exit	OPTION CARE HEALTH INC	$0	–	-1,200,000	–	-1.22%	–
AAPL	Exit	APPLE INC	$0	–	-305,448	–	-1.36%	–
CTVA	Exit	CORTEVA INC.	$0	–	-861,346	–	-1.58%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYetf	$0	–	-560,662	–	-1.78%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETFetf	$0	–	-1,550,484	–	-1.82%	–
BA	Exit	BOEING CO.	$0	–	-510,652	–	-1.99%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-1,634,970	–	-2.11%	–
DD	Exit	DU PONT	$0	–	-1,332,706	–	-2.16%	–
GLD	Exit	SPDR GOLD SHARESetf	$0	–	-442,200	–	-2.20%	–
GLW	Exit	CORNING, INC.	$0	–	-2,394,756	–	-2.24%	–
AMZN	Exit	AMAZON.COM	$0	–	-632,106	–	-2.30%	–
FDX	Exit	FEDEX CORP	$0	–	-482,152	–	-2.30%	–
LQDT	Exit	LIQUIDITY SERVICES INC.	$0	–	-4,600,000	–	-2.41%	–
GM	Exit	GENERAL MOTORS	$0	–	-2,354,228	–	-2.43%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-499,080	–	-2.62%	–
FISV	Exit	FISERV INC	$0	–	-995,022	–	-3.00%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-978,642	–	-3.29%	–
PFE	Exit	PFIZER INC	$0	–	-2,400,274	–	-3.38%	–
CVX	Exit	CHEVRON CORP	$0	–	-747,002	–	-3.46%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-420,492	–	-3.62%	–
GOOG	Exit	ALPHABET C	$0	–	-1,274,040	–	-3.94%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-1,619,576	–	-4.97%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-1,531,612	–	-5.57%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHetf	$0	–	-936,736	–	-6.35%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-935,238	–	-7.01%	–

Q3 2022

			Value		Shares		↓ Weighting
MSFT	Buy	MICROSOFT CORP	$217,818,000	+74.7%	935,238	+92.7%	7.01%	-4.9%
IWF	Buy	iSHARES RUSSELL 1000 GROWTHetf	$197,090,000	+91.4%	936,736	+99.0%	6.35%	+4.2%
QCOM	Buy	QUALCOMM INC.	$173,042,000	+78.3%	1,531,612	+101.6%	5.57%	-3.0%
CVS	Buy	CVS HEALTH CORP	$154,458,000	+104.9%	1,619,576	+99.1%	4.97%	+11.5%
GOOG	Buy	ALPHABET C	$122,498,000	+76.5%	1,274,040	+3915.4%	3.94%	-3.9%
BRKB	Buy	BERKSHIRE HATH B	$112,280,000	+98.1%	420,492	+102.5%	3.62%	+7.8%
CVX	Buy	CHEVRON CORP	$107,322,000	+98.3%	747,002	+99.8%	3.46%	+7.9%
PFE	Buy	PFIZER INC	$105,036,000	+64.7%	2,400,274	+97.4%	3.38%	-10.4%
JPM	Buy	J.P. MORGAN CHASE	$102,268,000	+89.1%	978,642	+103.8%	3.29%	+2.9%
FISV	Buy	FISERV INC	$93,104,000	+112.7%	995,022	+102.2%	3.00%	+15.8%
JNJ	Buy	JOHNSON&JOHNSON	$81,530,000	+85.8%	499,080	+101.8%	2.62%	+1.1%
GM	Buy	GENERAL MOTORS	$75,548,000	+100.9%	2,354,228	+98.8%	2.43%	+9.3%
LQDT	Buy	LIQUIDITY SERVICES INC.	$74,796,000	+142.0%	4,600,000	+100.0%	2.41%	+31.7%
FDX	Buy	FEDEX CORP	$71,586,000	+38.6%	482,152	+111.7%	2.30%	-24.5%
AMZN	Buy	AMAZON.COM	$71,428,000	+94.8%	632,106	+83.1%	2.30%	+6.0%
GLW	Buy	CORNING, INC.	$69,496,000	+83.1%	2,394,756	+98.8%	2.24%	-0.4%
GLD	Buy	SPDR GOLD SHARESetf	$68,396,000	+81.5%	442,200	+97.7%	2.20%	-1.2%
DD	Buy	DU PONT	$67,168,000	+73.5%	1,332,706	+91.3%	2.16%	-5.6%
CSCO	Buy	CISCO SYSTEMS	$65,398,000	+85.9%	1,634,970	+98.2%	2.11%	+1.2%
BA	Buy	BOEING CO.	$61,830,000	+72.4%	510,652	+94.7%	1.99%	-6.2%
VWO	Buy	VANGUARD EMERG. MARKETS ETFetf	$56,578,000	+77.5%	1,550,484	+102.6%	1.82%	-3.4%
MINT	Buy	PIMCO ENHANCED SHORT MATURITYetf	$55,428,000	+77.9%	560,662	+78.4%	1.78%	-3.1%
CTVA	Buy	CORTEVA INC.	$49,226,000	+110.7%	861,346	+99.6%	1.58%	+14.7%
AAPL	Buy	APPLE INC	$42,214,000	+100.0%	305,448	+97.9%	1.36%	+8.8%
OPCH	Buy	OPTION CARE HEALTH INC	$37,764,000	+126.5%	1,200,000	+100.0%	1.22%	+23.2%
GDX	Buy	VANECK VECTORS GOLD MINERSetf	$35,956,000	+73.6%	1,490,750	+97.0%	1.16%	-5.5%
PM	Buy	PHILIP MORRIS INTl.	$30,086,000	+62.0%	362,432	+92.7%	0.97%	-11.8%
INTC	Buy	INTEL CORP	$29,112,000	+48.7%	1,129,660	+115.8%	0.94%	-19.2%
OKTA	Buy	OKTA INC	$28,034,000	+36.0%	492,954	+116.1%	0.90%	-26.0%
C	Buy	CITIGROUP	$27,978,000	+76.8%	671,434	+95.1%	0.90%	-3.7%
VZ	Buy	VERIZON COMM.	$27,036,000	+17.1%	712,034	+56.5%	0.87%	-36.2%
	Buy	WARNER BRO. DISCOVERY	$26,834,000	+61.8%	2,333,284	+88.8%	0.86%	-11.9%
TJX	Buy	TJX COS INC	$26,298,000	+126.7%	423,340	+103.9%	0.85%	+23.5%
TWI	Buy	TITAN INTERNATIONAL INC	$24,890,000	+60.8%	2,050,266	+100.0%	0.80%	-12.4%
WMT	Buy	WAL-MART STORES	$23,460,000	+113.8%	180,878	+100.4%	0.76%	+16.3%
VCSH	Buy	VANGUARD S/T CORP BOND ETFetf	$22,544,000	+98.9%	303,500	+104.2%	0.73%	+8.2%
EFG	Buy	ISHARES EAFE GROWTHetf	$20,810,000	+81.8%	286,788	+101.6%	0.67%	-1.0%
DIS	Buy	WALT DISNEY CO.	$18,680,000	+758.5%	198,024	+759.2%	0.60%	+366.7%
VEA	Buy	VANGUARD DEV. MARKETS ETFetf	$18,228,000	+79.0%	501,340	+100.8%	0.59%	-2.7%
COMM	Buy	COMMSCOPE	$18,086,000	+171.4%	1,963,800	+80.3%	0.58%	+47.7%
VO	Buy	VANGUARD MID CAPetf	$16,420,000	+110.9%	87,346	+121.0%	0.53%	+14.8%
DNB	Buy	DUN AND BRADSTREET	$16,108,000	+53.1%	1,300,000	+85.7%	0.52%	-16.7%
DOW	Buy	DOW CHEMICAL	$15,814,000	+72.0%	359,986	+102.1%	0.51%	-6.4%
VB	Buy	VANGUARD SMALL-CAP ETFetf	$14,948,000	+117.6%	87,466	+124.3%	0.48%	+18.5%
NEAR	Buy	iSHARES SHORT MATURITY BONDetf	$14,388,000	+83.2%	292,100	+83.2%	0.46%	-0.4%
SHM	Buy	SPDR SHORT TERM MUNICIPALetf	$13,064,000	+88.1%	283,436	+92.9%	0.42%	+2.4%
VTV	Buy	VANGUARD VALUE INDEXetf	$11,976,000	-3.2%	96,990	+3.4%	0.39%	-47.3%
MRCY	New	MERCURY SYSTEMS	$10,950,000	–	269,700	–	0.35%	–
XBI	Buy	SPDR S&P BIOTECHetf	$10,752,000	+156.3%	135,564	+140.0%	0.35%	+39.5%
MDY	Buy	SPDR S&P 400 MIDCAPetf	$10,252,000	+92.0%	25,526	+97.6%	0.33%	+4.4%
EFV	Buy	ISHARES EAFE VALUEetf	$10,124,000	+5.8%	262,760	+19.2%	0.33%	-42.4%
SPG	Buy	SIMON PROPERTY GROUP INC	$10,116,000	+143.9%	112,706	+157.9%	0.33%	+33.1%
GOOGL	Buy	ALPHABET A	$8,236,000	+76.2%	86,110	+3916.3%	0.26%	-4.0%
VIG	Buy	VANGUARD DIV. APPRECIATION ETFetf	$7,970,000	+89.1%	58,962	+100.7%	0.26%	+3.2%
ESGU	Sell	ISHARES ESG AWARE USAetf	$7,953,000	-19.8%	100,150	-15.2%	0.26%	-56.4%
SPSB	Buy	SPDR SHORT-TERM CORPORATE BONDetf	$7,872,000	+87.3%	269,430	+90.6%	0.25%	+1.6%
IYW	Buy	ISHARES U.S. TECH ETFetf	$7,802,000	+83.6%	106,327	+100.0%	0.25%	0.0%
VGIT	Buy	VANGUARD INTERM. TREASURYetf	$7,626,000	+642.6%	130,800	+678.6%	0.25%	+303.3%
FORA	Buy	FORIAN INC	$7,036,000	+53.4%	2,100,000	+101.0%	0.23%	-16.2%
NVDA	Buy	NVIDIA CORP	$6,304,000	+60.5%	51,926	+100.4%	0.20%	-12.5%
NULV	Buy	NUVEEN ESG LARGE CAP VALUEetf	$6,174,000	+85.0%	200,000	+100.0%	0.20%	+0.5%
EMCF	Buy	EMCLAIRE FINL CORP COM	$5,502,000	+104.9%	156,108	+100.0%	0.18%	+11.3%
EFA	Buy	ISHARES MSCI EAFE ETFetf	$5,228,000	+79.4%	93,354	+100.2%	0.17%	-2.3%
XLK	Buy	SPDR-TECHNOLOGYetf	$5,226,000	+86.8%	44,000	+100.0%	0.17%	+1.8%
ABT	Buy	ABBOTT LABS	$5,088,000	+68.5%	52,580	+89.2%	0.16%	-8.4%
QRTEA	Buy	QURATE RETAIL GROUP	$5,026,000	+11.6%	2,500,000	+59.3%	0.16%	-39.3%
BSV	Buy	VANGUARD S/T BONDetf	$5,006,000	+213.9%	66,918	+222.2%	0.16%	+71.3%
AR	Buy	ANTERO RES CORP	$4,458,000	+99.3%	146,000	+100.0%	0.14%	+9.1%
QTRX	New	QUANTERIX CORP	$4,408,000	–	400,000	–	0.14%	–
LYFT	Buy	LYFT INC	$3,898,000	+98.4%	295,946	+100.0%	0.13%	+8.6%
KKR	Buy	KKR & CO	$3,878,000	+85.7%	90,200	+100.0%	0.12%	+0.8%
TTEK	Buy	TETRA TECH INC	$3,856,000	+88.3%	30,000	+100.0%	0.12%	+2.5%
IBM	Buy	IBM	$3,588,000	+70.6%	30,194	+102.7%	0.12%	-6.5%
SUSB	Buy	iSHARES ESG 1-5 YR CORPORATEetf	$3,524,000	+95.0%	150,000	+100.0%	0.11%	+5.6%
ATRA	Buy	ATARA BIOTHERAPEUTICS	$3,402,000	+2.7%	900,000	+111.8%	0.11%	-43.9%
VOE	Buy	VANGUARD MID-CAP VALUE ETFetf	$3,350,000	+88.0%	27,518	+100.0%	0.11%	+2.9%
UBSI	Buy	UNITED BANKSHARES	$3,268,000	+105.7%	91,398	+101.7%	0.10%	+11.7%
PG	Buy	PROCTER & GAMBLE	$3,226,000	+79.4%	25,546	+104.4%	0.10%	-1.9%
TWLO	Buy	TWILIO INC	$3,112,000	+65.0%	45,000	+100.0%	0.10%	-10.7%
BND	New	VANGUARD TOTAL BOND MARKETetf	$3,110,000	–	43,600	–	0.10%	–
EEM	Buy	ISHARES MSCI EMERGING MKTS ETFetf	$2,994,000	+76.7%	85,862	+103.2%	0.10%	-4.0%
PEP	Buy	PEPSICO INC	$2,942,000	+100.1%	18,020	+104.3%	0.10%	+9.2%
VCIT	Buy	VANGUARD INTER-TERM CORP BONDetf	$2,912,000	+140.9%	38,466	+154.7%	0.09%	+30.6%
VGK	Buy	VANGUARD FTSE EUROPEetf	$2,808,000	+72.9%	60,838	+97.9%	0.09%	-6.2%
NEM	Buy	NEWMONT MINING	$2,690,000	+173.1%	64,000	+287.9%	0.09%	+50.0%
CFG	Buy	CITIZENS FINL	$2,484,000	+91.1%	72,296	+98.5%	0.08%	+3.9%
SHY	Buy	iSHARES 1-3 YR TREASURYetf	$2,364,000	+76.5%	29,100	+79.9%	0.08%	-3.8%
HD	Buy	HOME DEPOT INC.	$2,268,000	+108.5%	8,216	+107.1%	0.07%	+14.1%
SPY	Buy	SPDR S&P 500 ETFetf	$2,272,000	+121.4%	6,360	+133.7%	0.07%	+19.7%
CAT	Buy	CATERPILLAR INC	$2,232,000	+83.6%	13,600	+100.0%	0.07%	0.0%
ABC	Buy	AMERISOURCEBERGEN	$2,162,000	+91.3%	15,974	+100.0%	0.07%	+4.5%
VV	Buy	VANGUARD LARGE CAP ETFetf	$2,084,000	+90.7%	12,740	+100.9%	0.07%	+3.1%
MA	Buy	MASTERCARD INC	$2,068,000	+82.0%	7,272	+102.0%	0.07%	0.0%
ESGE	Buy	iSHARES ESG AWARE EMERGING MKTetf	$2,048,000	+71.4%	74,000	+100.0%	0.07%	-7.0%
AM	Buy	ANTERO MIDSTREAM CORP	$1,962,000	+107.4%	213,622	+104.4%	0.06%	+12.5%
PFF	Buy	iSHARES PREFERRED STOCKetf	$1,912,000	+77.9%	60,400	+84.7%	0.06%	-3.1%
VEU	Buy	VANGUARD FTSE ALL-WORLD EX-USetf	$1,818,000	+76.0%	40,970	+98.1%	0.06%	-3.3%
BUG	Buy	GLOBAL X FDS CYBRSCURTY ETFetf	$1,726,000	+92.4%	71,800	+100.0%	0.06%	+5.7%
NML	Buy	NEUBERGER BRMN. MLP INCOMEmlp	$1,586,000	+104.1%	259,000	+100.0%	0.05%	+10.9%
XOM	Buy	EXXON MOBIL	$1,560,000	+128.4%	17,876	+124.2%	0.05%	+25.0%
FLOT	Sell	ISHARES FLOATING RATE NOTEetf	$1,533,000	-3.1%	30,500	-3.8%	0.05%	-47.9%
VBR	Buy	VANGUARD SMALL CAP VALUE ETFetf	$1,498,000	+91.3%	10,452	+100.0%	0.05%	+4.3%
MRK	Buy	MERCK & CO. INC.	$1,472,000	+118.1%	17,102	+130.8%	0.05%	+17.5%
IWD	Buy	iSHARES RUSSELL 1000 VALUEetf	$1,458,000	+87.6%	10,716	+100.0%	0.05%	+2.2%
VUG	Sell	VANGUARD GROWTHetf	$1,405,000	-16.7%	6,569	-13.2%	0.04%	-55.0%
SNPS	Buy	SYNOPSYS INC	$1,366,000	+104.5%	4,472	+103.3%	0.04%	+10.0%
HSIC	Buy	HENRY SCHEIN	$1,338,000	+71.3%	20,356	+100.0%	0.04%	-6.5%
CHKP	Buy	CHECK POINT SOFTWARE	$1,336,000	+84.0%	11,926	+100.0%	0.04%	0.0%
PNC	Buy	PNC FINANCIAL	$1,276,000	+96.9%	8,544	+108.1%	0.04%	+7.9%
SCHB	Sell	SCHWAB U.S. BROAD MARKETetf	$1,276,000	-6.7%	30,389	-1.8%	0.04%	-49.4%
FMC	Buy	F M C CORP	$1,272,000	+97.5%	12,028	+100.0%	0.04%	+7.9%
RJF	Buy	RAYMOND JAMES FINL	$1,236,000	+121.1%	12,500	+100.0%	0.04%	+21.2%
IWB	Buy	ISHARES RUSSELL 1000 ETFetf	$1,082,000	+89.8%	5,488	+100.0%	0.04%	+2.9%
NUV	Buy	NUVEEN MUNI VALUEetf	$1,084,000	+33.2%	128,200	+40.7%	0.04%	-27.1%
LOW	Buy	LOWE'S COMPANIES	$1,102,000	+117.4%	5,870	+102.4%	0.04%	+16.7%
DLN	Buy	WISDOMTREE LARGECAP DIVetf	$1,088,000	+92.6%	19,696	+106.0%	0.04%	+6.1%
UNH	Buy	UNITEDHEALTH GROUP	$1,090,000	+120.2%	2,160	+124.1%	0.04%	+20.7%
TWTR	Buy	TWITTER INC	$1,052,000	+134.3%	24,000	+100.0%	0.03%	+25.9%
BIV	Buy	VANGUARD INTERM-TERM BONDetf	$1,056,000	+235.2%	14,380	+254.6%	0.03%	+78.9%
PH	Buy	PARKER HANNIFIN	$868,000	+96.8%	3,584	+100.0%	0.03%	+7.7%
MO	Buy	ALTRIA GROUP INC.	$854,000	+93.2%	21,156	+100.0%	0.03%	+7.7%
	Buy	AUTOMATIC DATA PROCESSING	$806,000	+138.5%	3,566	+121.5%	0.03%	+30.0%
MTNB	Buy	MATINAS BIO	$764,000	+61.2%	1,200,000	+100.0%	0.02%	-10.7%
ABBV	Buy	ABBVIE INC.	$736,000	+95.2%	5,486	+122.8%	0.02%	+9.1%
COP	Buy	CONOCOPHILLIPS	$746,000	+133.1%	7,294	+104.4%	0.02%	+26.3%
V	Buy	VISA INC CL A	$746,000	+80.6%	4,196	+100.0%	0.02%	0.0%
BOX	Buy	BOX INC CL A	$682,000	+93.8%	28,000	+100.0%	0.02%	+4.8%
HERO	Buy	GLOBAL X FDS VDEO GAM ESPRTetf	$670,000	+70.5%	37,600	+100.0%	0.02%	-4.3%
SWKS	Buy	SKYWORKS SOLUTIONS INC.	$682,000	+83.8%	8,000	+100.0%	0.02%	0.0%
DFAT	Buy	DIMENSIONAL ETF TRUST US TARGEetf	$668,000	+94.2%	17,158	+100.8%	0.02%	+10.0%
COIN	Buy	COINBASE GLOBAL	$696,000	+174.0%	10,800	+100.0%	0.02%	+46.7%
FB	Buy	META PLATFORMS INC CL A	$650,000	+72.4%	4,794	+104.9%	0.02%	-4.5%
MDLZ	Buy	MONDELEZ INTL	$664,000	+93.6%	12,124	+119.5%	0.02%	+5.0%
IJR	Buy	ISHARES S&P SMALL-CAP ETFetf	$666,000	+89.7%	7,630	+100.8%	0.02%	0.0%
GE	Buy	GENERAL ELECTRIC	$606,000	+94.2%	9,786	+100.0%	0.02%	+11.1%
AMGN	Buy	AMGEN INC	$636,000	+84.9%	2,824	+100.0%	0.02%	0.0%
UPS	Buy	UNITED PARCEL SERVICE-CL B	$628,000	+83.1%	3,882	+106.4%	0.02%	0.0%
MDYV	Buy	SPDR S&P 400 MID CAP VALUEetf	$578,000	+97.9%	9,982	+106.8%	0.02%	+11.8%
TSLA	Buy	TESLA MOTORS	$590,000	+147.9%	2,226	+528.8%	0.02%	+35.7%
NKE	Buy	NIKE INC. CL B	$548,000	+62.6%	6,600	+100.0%	0.02%	-10.0%
CRM	Buy	SALESFORCE.COM	$560,000	+73.9%	3,900	+100.0%	0.02%	-5.3%
LIN	Buy	LINDE PLC	$544,000	+87.6%	2,020	+100.0%	0.02%	+5.9%
FHI	Buy	FEDERATED HERMES	$560,000	+61.4%	16,920	+54.8%	0.02%	-14.3%
NRK	Buy	NUVEEN NY AMT-FREE MUNetf	$520,000	+77.5%	53,000	+100.0%	0.02%	0.0%
FIS	Buy	FIDELITY NATL INFO SVC	$528,000	+64.5%	7,000	+100.0%	0.02%	-10.5%
IWM	New	ISHARES RUSSELL 2000 INDEXetf	$528,000	–	3,202	–	0.02%	–
IAU	Buy	ISHARES GOLD TRUSTetf	$498,000	+84.4%	15,794	+100.4%	0.02%	0.0%
HUBB	New	HUBSPOT INC	$486,000	–	1,800	–	0.02%	–
LCI	Buy	LANNETT INC	$464,000	+55.2%	1,030,290	+100.0%	0.02%	-16.7%
SCHE	Buy	SCHWAB EMERGING MARKET ETFetf	$478,000	+76.4%	21,378	+100.0%	0.02%	-6.2%
BAC	Buy	BANK OF AMERICA	$456,000	+106.3%	15,084	+112.3%	0.02%	+15.4%
PSX	Buy	PHILLIPS 66	$442,000	+96.4%	5,480	+100.0%	0.01%	+7.7%
VBK	Buy	VANGUARD SMALL CAP GROWTHetf	$422,000	+90.1%	2,166	+91.9%	0.01%	+7.7%
HON	Buy	HONEYWELL INTL	$424,000	+106.8%	2,540	+115.6%	0.01%	+16.7%
NQP	Buy	NUVEEN PA INV QUALITY MUNIetf	$406,000	+79.6%	37,032	+100.0%	0.01%	0.0%
PFXF	Buy	VANECK VECTORS PFD. SEC. EX-FIetf	$388,000	+67.2%	22,600	+76.6%	0.01%	-14.3%
	New	PIMCO FDS COMMREAL STG I 2	$384,000	–	74,931	–	0.01%	–
	Buy	AT&T CORP.	$364,000	+58.3%	23,690	+115.4%	0.01%	-14.3%
CWGL	Buy	CRIMSON WINE GROUP LTD	$328,000	+78.3%	51,654	+100.0%	0.01%	0.0%
	Buy	PLANET LABS	$326,000	+150.8%	60,000	+100.0%	0.01%	+25.0%
	Buy	SAMSARA INC	$290,000	+116.4%	24,000	+100.0%	0.01%	+12.5%
NAZ	Buy	NUVEEN ARIZONA QLTY MUNIetf	$250,000	+95.3%	20,000	+100.0%	0.01%	0.0%
PMO	Buy	PUTNAM MUNI OPPORT TRUSTetf	$244,000	+66.0%	25,000	+100.0%	0.01%	-11.1%
DVY	New	iSHARES DIVIDENDetf	$219,000	–	2,041	–	0.01%	–
PHAT	New	PHATHOM PHARMACEUTICAL COM	$222,000	–	20,000	–	0.01%	–
GNPX	Buy	GENPREX INC COM	$140,000	+102.9%	100,000	+100.0%	0.01%	+25.0%
EVV	Buy	EATON VANCE LIMITED DURATIONetf	$107,000	-10.8%	11,622	+0.4%	0.00%	-57.1%
VYNE	Buy	VYNE THERAP.	$28,000	+16.7%	125,000	+100.0%	0.00%	0.0%
HOFV	Buy	HALL OF FAME RESORT & COM	$16,000	+77.8%	29,800	+100.0%	0.00%	0.0%
MAKAF	Buy	MAKARA MNG CORP COM	$0	–	20,000	+100.0%	0.00%	–
PPG	Exit	PPG INDUSTRIES	$0	–	-1,768	–	-0.01%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-2,500	–	-0.01%	–
ENB	Exit	ENBRIDGE INC	$0	–	-5,191	–	-0.01%	–
HUBS	Exit	HUBSPOT INC	$0	–	-900	–	-0.02%	–
VUSB	Exit	VANGUARD ULTRA-SHORT BONDetf	$0	–	-12,300	–	-0.04%	–
SCHO	Exit	SCHWAB S/T U.S. TREASetf	$0	–	-24,265	–	-0.07%	–
IEMG	Exit	ISHARES CORE MSCI EMERG MKTSetf	$0	–	-52,083	–	-0.15%	–
VTIP	Exit	VANGUARD S-T TIPSetf	$0	–	-58,300	–	-0.17%	–

Q2 2022

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$124,647,000	–	485,329	–	7.38%	–
IWF	New	iSHARES RUSSELL 1000 GROWTHetf	$102,962,000	–	470,793	–	6.09%	–
QCOM	New	QUALCOMM INC.	$97,043,000	–	759,692	–	5.74%	–
CVS	New	CVS HEALTH CORP	$75,365,000	–	813,349	–	4.46%	–
GOOG	New	ALPHABET C	$69,406,000	–	31,729	–	4.11%	–
PFE	New	PFIZER INC	$63,762,000	–	1,216,133	–	3.77%	–
BRKB	New	BERKSHIRE HATH B	$56,682,000	–	207,611	–	3.35%	–
CVX	New	CHEVRON CORP	$54,131,000	–	373,883	–	3.20%	–
JPM	New	J.P. MORGAN CHASE	$54,079,000	–	480,230	–	3.20%	–
FDX	New	FEDEX CORP	$51,640,000	–	227,779	–	3.06%	–
JNJ	New	JOHNSON&JOHNSON	$43,891,000	–	247,257	–	2.60%	–
FISV	New	FISERV INC	$43,772,000	–	491,990	–	2.59%	–
DD	New	DU PONT	$38,716,000	–	696,590	–	2.29%	–
GLW	New	CORNING, INC.	$37,962,000	–	1,204,770	–	2.25%	–
GLD	New	SPDR GOLD SHARESetf	$37,678,000	–	223,660	–	2.23%	–
GM	New	GENERAL MOTORS	$37,604,000	–	1,183,990	–	2.22%	–
AMZN	New	AMAZON.COM	$36,663,000	–	345,192	–	2.17%	–
BA	New	BOEING CO.	$35,860,000	–	262,286	–	2.12%	–
CSCO	New	CISCO SYSTEMS	$35,177,000	–	824,982	–	2.08%	–
VWO	New	VANGUARD EMERG. MARKETS ETFetf	$31,879,000	–	765,399	–	1.89%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYetf	$31,154,000	–	314,339	–	1.84%	–
LQDT	New	LIQUIDITY SERVICES INC	$30,912,000	–	2,300,000	–	1.83%	–
CTVA	New	CORTEVA INC.	$23,359,000	–	431,458	–	1.38%	–
VZ	New	VERIZON COMM.	$23,092,000	–	455,005	–	1.37%	–
AAPL	New	APPLE INC	$21,103,000	–	154,354	–	1.25%	–
GDX	New	VANECK VECTORS GOLD MINERSetf	$20,715,000	–	756,591	–	1.23%	–
OKTA	New	OKTA INC	$20,619,000	–	228,084	–	1.22%	–
INTC	New	INTEL CORP	$19,581,000	–	523,413	–	1.16%	–
PM	New	PHILIP MORRIS INTl.	$18,571,000	–	188,083	–	1.10%	–
OPCH	New	OPTION CARE HEALTH INC	$16,674,000	–	600,000	–	0.99%	–
	New	WARNER BRO. DISCOVERY	$16,581,000	–	1,235,572	–	0.98%	–
C	New	CITIGROUP	$15,827,000	–	344,139	–	0.94%	–
TWI	New	TITAN INTERNATIONAL INC	$15,480,000	–	1,025,133	–	0.92%	–
VTV	New	VANGUARD VALUE INDEXetf	$12,369,000	–	93,789	–	0.73%	–
TJX	New	TJX COS INC	$11,598,000	–	207,670	–	0.69%	–
EFG	New	ISHARES EAFE GROWTHetf	$11,448,000	–	142,235	–	0.68%	–
VCSH	New	VANGUARD S/T CORP BOND ETFetf	$11,336,000	–	148,645	–	0.67%	–
WMT	New	WAL-MART STORES	$10,972,000	–	90,244	–	0.65%	–
DNB	New	DUN & BRADSTREET HLDGS INC	$10,521,000	–	700,000	–	0.62%	–
VEA	New	VANGUARD DEV. MARKETS ETFetf	$10,185,000	–	249,639	–	0.60%	–
ESGU	New	iSHARES ESG AWARE USAetf	$9,913,000	–	118,150	–	0.59%	–
EFV	New	ISHARES EAFE VALUEetf	$9,569,000	–	220,480	–	0.57%	–
DOW	New	DOW CHEMICAL	$9,195,000	–	178,154	–	0.54%	–
NEAR	New	iSHARES SHORT MATURITY BONDetf	$7,852,000	–	159,400	–	0.46%	–
VO	New	VANGUARD MID CAPetf	$7,786,000	–	39,527	–	0.46%	–
SHM	New	SPDR SHORT TERM MUNICIPALetf	$6,945,000	–	146,943	–	0.41%	–
VB	New	VANGUARD SMALL-CAP ETFetf	$6,868,000	–	38,997	–	0.41%	–
COMM	New	COMMSCOPE	$6,664,000	–	1,088,900	–	0.39%	–
MDY	New	SPDR S&P 400 MIDCAPetf	$5,340,000	–	12,915	–	0.32%	–
GOOGL	New	ALPHABET A	$4,673,000	–	2,144	–	0.28%	–
FORA	New	FORIAN INCfora	$4,588,000	–	1,045,002	–	0.27%	–
QRTEA	New	QURATE RETAIL GROUP	$4,505,000	–	1,569,619	–	0.27%	–
IYW	New	ISHARES U.S. TECH ETFetf	$4,250,000	–	53,163	–	0.25%	–
VIG	New	VANGUARD DIV. APPRECIATION ETFetf	$4,214,000	–	29,373	–	0.25%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDetf	$4,203,000	–	141,365	–	0.25%	–
XBI	New	SPDR S&P BIOTECHetf	$4,195,000	–	56,482	–	0.25%	–
SPG	New	SIMON PROPERTY GROUP INCreit	$4,148,000	–	43,700	–	0.24%	–
NVDA	New	NVIDIA CORP	$3,928,000	–	25,915	–	0.23%	–
NULV	New	NUVEEN ESG LARGE CAP VALUEetf	$3,338,000	–	100,000	–	0.20%	–
ATRA	New	ATARA BIOTHERAPEUTICS INC	$3,311,000	–	425,000	–	0.20%	–
ABT	New	ABBOTT LABS	$3,020,000	–	27,792	–	0.18%	–
VTIP	New	VANGUARD S-T TIPSetf	$2,922,000	–	58,300	–	0.17%	–
EFA	New	ISHARES MSCI EAFE ETFetf	$2,914,000	–	46,631	–	0.17%	–
XLK	New	SPDR-TECHNOLOGYetf	$2,797,000	–	22,000	–	0.16%	–
EMCF	New	EMCLAIRE FINL CORP COM	$2,685,000	–	78,054	–	0.16%	–
IEMG	New	ISHARES CORE MSCI EMERG MKTSetf	$2,555,000	–	52,083	–	0.15%	–
AR	New	ANTERO RES CORP	$2,237,000	–	73,000	–	0.13%	–
DIS	New	WALT DISNEY CO.	$2,176,000	–	23,047	–	0.13%	–
KKR	New	KKR & CO	$2,088,000	–	45,100	–	0.12%	–
IBM	New	IBM	$2,103,000	–	14,897	–	0.12%	–
TTEK	New	TETRA TECH INC	$2,048,000	–	15,000	–	0.12%	–
LYFT	New	LYFT INC	$1,965,000	–	147,973	–	0.12%	–
TWLO	New	TWILIO INC	$1,886,000	–	22,500	–	0.11%	–
SUSB	New	iSHARES ESG 1-5 YR CORPORATEetf	$1,807,000	–	75,000	–	0.11%	–
PG	New	PROCTER & GAMBLE	$1,798,000	–	12,501	–	0.11%	–
VOE	New	VANGUARD MID-CAP VALUE ETFetf	$1,782,000	–	13,759	–	0.10%	–
VUG	New	VANGUARD GROWTHetf	$1,687,000	–	7,567	–	0.10%	–
EEM	New	ISHARES MSCI EMERGING MKTS ETFetf	$1,694,000	–	42,250	–	0.10%	–
VGK	New	VANGUARD FTSE EUROPEetf	$1,624,000	–	30,739	–	0.10%	–
FLOT	New	ISHARES FLOATING RATE NOTEetf	$1,582,000	–	31,700	–	0.09%	–
UBSI	New	UNITED BANKSHARES	$1,589,000	–	45,322	–	0.09%	–
BSV	New	VANGUARD S/T BONDetf	$1,595,000	–	20,771	–	0.09%	–
PEP	New	PEPSICO INC	$1,470,000	–	8,821	–	0.09%	–
SCHB	New	SCHWAB U.S. BROAD MARKETetf	$1,368,000	–	30,960	–	0.08%	–
SHY	New	iSHARES 1-3 YR TREASURYetf	$1,339,000	–	16,175	–	0.08%	–
CFG	New	CITIZENS FINL	$1,300,000	–	36,423	–	0.08%	–
CAT	New	CATERPILLAR INC	$1,216,000	–	6,800	–	0.07%	–
VCIT	New	VANGUARD INTER-TERM CORP BONDetf	$1,209,000	–	15,103	–	0.07%	–
ESGE	New	iSHARES ESG AWARE EMERGING MKTetf	$1,195,000	–	37,000	–	0.07%	–
SCHO	New	SCHWAB S/T U.S. TREASetf	$1,194,000	–	24,265	–	0.07%	–
ABC	New	AMERISOURCEBERGEN	$1,130,000	–	7,987	–	0.07%	–
MA	New	MASTERCARD INC	$1,136,000	–	3,600	–	0.07%	–
VV	New	VANGUARD LARGE CAP ETFetf	$1,093,000	–	6,340	–	0.06%	–
HD	New	HOME DEPOT INC.	$1,088,000	–	3,967	–	0.06%	–
PFF	New	iSHARES PREFERRED STOCKetf	$1,075,000	–	32,700	–	0.06%	–
VEU	New	VANGUARD FTSE ALL-WORLD EX-USetf	$1,033,000	–	20,685	–	0.06%	–
SPY	New	SPDR S&P 500 ETFetf	$1,026,000	–	2,721	–	0.06%	–
VGIT	New	VANGUARD INTERM. TREASURYetf	$1,027,000	–	16,800	–	0.06%	–
NEM	New	NEWMONT MINING	$985,000	–	16,500	–	0.06%	–
AM	New	ANTERO MIDSTREAM CORP	$946,000	–	104,523	–	0.06%	–
BUG	New	GLOBAL X FDS CYBRSCURTY ETF	$897,000	–	35,900	–	0.05%	–
NUV	New	NUVEEN MUNI VALUEetf	$814,000	–	91,100	–	0.05%	–
VBR	New	VANGUARD SMALL CAP VALUE ETFetf	$783,000	–	5,226	–	0.05%	–
HSIC	New	HENRY SCHEIN	$781,000	–	10,178	–	0.05%	–
IWD	New	iSHARES RUSSELL 1000 VALUEetf	$777,000	–	5,358	–	0.05%	–
NML	New	NEUBERGER BRMN. MLP INCOMEmlp	$777,000	–	129,500	–	0.05%	–
CHKP	New	CHECK POINT SOFTWARE	$726,000	–	5,963	–	0.04%	–
MRK	New	MERCK & CO. INC.	$675,000	–	7,409	–	0.04%	–
XOM	New	EXXON MOBIL	$683,000	–	7,973	–	0.04%	–
SNPS	New	SYNOPSYS INC	$668,000	–	2,200	–	0.04%	–
PNC	New	PNC FINANCIAL	$648,000	–	4,106	–	0.04%	–
FMC	New	F M C CORP	$644,000	–	6,014	–	0.04%	–
VUSB	New	VANGUARD ULTRA-SHORT BONDetf	$605,000	–	12,300	–	0.04%	–
IWB	New	ISHARES RUSSELL 1000 ETFetf	$570,000	–	2,744	–	0.03%	–
RJF	New	RAYMOND JAMES FINL	$559,000	–	6,250	–	0.03%	–
DLN	New	WISDOMTREE LARGECAP DIVetf	$565,000	–	9,562	–	0.03%	–
LOW	New	LOWE'S COMPANIES	$507,000	–	2,900	–	0.03%	–
UNH	New	UNITEDHEALTH GROUP	$495,000	–	964	–	0.03%	–
MTNB	New	MATINAS BIO	$474,000	–	600,000	–	0.03%	–
TWTR	New	TWITTER INC	$449,000	–	12,000	–	0.03%	–
MO	New	ALTRIA GROUP INC.	$442,000	–	10,578	–	0.03%	–
PH	New	PARKER HANNIFIN	$441,000	–	1,792	–	0.03%	–
V	New	VISA INC CL A	$413,000	–	2,098	–	0.02%	–
HERO	New	GLOBAL X FDS VDEO GAM ESPRT	$393,000	–	18,800	–	0.02%	–
ABBV	New	ABBVIE INC.	$377,000	–	2,462	–	0.02%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$371,000	–	4,000	–	0.02%	–
FB	New	META PLATFORMS INC CL A	$377,000	–	2,340	–	0.02%	–
IJR	New	ISHARES S&P SMALL-CAP ETFetf	$351,000	–	3,800	–	0.02%	–
BOX	New	BOX INC CL A	$352,000	–	14,000	–	0.02%	–
FHI	New	FEDERATED HERMES	$347,000	–	10,929	–	0.02%	–
DFAT	New	DIMENSIONAL ETF TRUST US TARGE	$344,000	–	8,546	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$338,000	–	1,610	–	0.02%	–
AMGN	New	AMGEN INC	$344,000	–	1,412	–	0.02%	–
MDLZ	New	MONDELEZ INTL	$343,000	–	5,524	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE-CL B	$343,000	–	1,881	–	0.02%	–
NKE	New	NIKE INC. CL B	$337,000	–	3,300	–	0.02%	–
BIV	New	VANGUARD INTERM-TERM BONDetf	$315,000	–	4,055	–	0.02%	–
COP	New	CONOCOPHILLIPS	$320,000	–	3,568	–	0.02%	–
FIS	New	FIDELITY NATL INFO SVC	$321,000	–	3,500	–	0.02%	–
CRM	New	SALESFORCE.COM	$322,000	–	1,950	–	0.02%	–
GE	New	GENERAL ELECTRIC	$312,000	–	4,893	–	0.02%	–
LCI	New	LANNETT INC	$299,000	–	515,145	–	0.02%	–
NRK	New	NUVEEN NY AMT-FREE MUNetf	$293,000	–	26,500	–	0.02%	–
MDYV	New	SPDR S&P 400 MID CAP VALUEetf	$292,000	–	4,826	–	0.02%	–
LIN	New	LINDE PLC	$290,000	–	1,010	–	0.02%	–
SCHE	New	SCHWAB EMERGING MARKET ETFetf	$271,000	–	10,689	–	0.02%	–
IAU	New	ISHARES GOLD TRUSTetf	$270,000	–	7,883	–	0.02%	–
HUBS	New	HUBSPOT INC	$271,000	–	900	–	0.02%	–
COIN	New	COINBASE GLOBAL	$254,000	–	5,400	–	0.02%	–
PFXF	New	VANECK VECTORS PFD. SEC. EX-FIetf	$232,000	–	12,800	–	0.01%	–
TSLA	New	TESLA MOTORS	$238,000	–	354	–	0.01%	–
	New	AT&T CORP.	$230,000	–	10,996	–	0.01%	–
NQP	New	NUVEEN PA INV QUALITY MUNIetf	$226,000	–	18,516	–	0.01%	–
ENB	New	ENBRIDGE INC	$219,000	–	5,191	–	0.01%	–
VBK	New	VANGUARD SMALL CAP GROWTHetf	$222,000	–	1,129	–	0.01%	–
BAC	New	BANK OF AMERICA	$221,000	–	7,105	–	0.01%	–
PSX	New	PHILLIPS 66	$225,000	–	2,740	–	0.01%	–
PPG	New	PPG INDUSTRIES	$202,000	–	1,768	–	0.01%	–
CL	New	COLGATE PALMOLIVE CO	$200,000	–	2,500	–	0.01%	–
HON	New	HONEYWELL INTL	$205,000	–	1,178	–	0.01%	–
CWGL	New	CRIMSON WINE GROUP LTD	$184,000	–	25,827	–	0.01%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTetf	$147,000	–	12,500	–	0.01%	–
	New	SAMSARA INC	$134,000	–	12,000	–	0.01%	–
NAZ	New	NUVEEN ARIZONA QLTY MUNIetf	$128,000	–	10,000	–	0.01%	–
	New	PLANET LABS	$130,000	–	30,000	–	0.01%	–
EVV	New	EATON VANCE LIMITED DURATIONetf	$120,000	–	11,571	–	0.01%	–
GNPX	New	GENPREX INC COM	$69,000	–	50,000	–	0.00%	–
VYNE	New	VYNE THERAP.	$24,000	–	62,500	–	0.00%	–
HOFV	New	HALL OF FAME RESORT & COM	$9,000	–	14,900	–	0.00%	–
MAKAF	New	MAKARA MNG CORP COM	$0	–	10,000	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
MAKAF	Exit	MAKARA MNG ORD	$0	–	-10,000	–	0.00%	–
THTX	Exit	THERATECHNOLOGIES INC	$0	–	-15,000	–	-0.00%	–
VYNE	Exit	VYNE THERAPEUTICS INC	$0	–	-50,000	–	-0.00%	–
GNPX	Exit	GENPREX INC	$0	–	-50,000	–	-0.01%	–
NAZ	Exit	NUVEEN AZ QUALITY MUNIetf	$0	–	-10,000	–	-0.01%	–
SCHA	Exit	SCHWAB U.S. SMALL CAP ETFetf	$0	–	-2,040	–	-0.01%	–
MDT	Exit	MEDTRONIC INC	$0	–	-1,624	–	-0.01%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTetf	$0	–	-15,000	–	-0.01%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS-A	$0	–	-820	–	-0.01%	–
VYMI	Exit	VANGUARD INTL HI DIV YLD IDX ETFetf	$0	–	-3,200	–	-0.01%	–
IVV	Exit	ISHARES TR S&P 500 INDEXetf	$0	–	-467	–	-0.01%	–
VTI	Exit	VANGUARD TOTAL STOCK MARKETetf	$0	–	-915	–	-0.01%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-2,530	–	-0.01%	–
ADBE	Exit	ADOBE SYSTEMS INC.	$0	–	-405	–	-0.01%	–
EVV	Exit	EATON VANCE LIMITED DURATIONetf	$0	–	-16,441	–	-0.01%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-1,987	–	-0.01%	–
SCHM	Exit	SCHWAB U.S. MID CAPetf	$0	–	-3,175	–	-0.01%	–
HON	Exit	HONEYWELL INTL	$0	–	-1,178	–	-0.01%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-3,568	–	-0.01%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-1,700	–	-0.01%	–
IWM	Exit	ISHARES RUSSELL 2000 INDEXetf	$0	–	-1,075	–	-0.01%	–
PPG	Exit	PPG INDUSTRIES	$0	–	-1,833	–	-0.01%	–
SCHF	Exit	SCHWAB INTL EQUITY ETFetf	$0	–	-6,854	–	-0.01%	–
IAU	Exit	ISHARES GOLD TRUSTetf	$0	–	-7,883	–	-0.01%	–
IGSB	Exit	ISHARES SHORT-TERM CORPetf	$0	–	-4,816	–	-0.01%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-29,546	–	-0.01%	–
PFXF	Exit	VANECK VECTORS PFD. SEC. EX-FINANetf	$0	–	-12,800	–	-0.02%	–
SCHG	Exit	SCHWAB US LARGE CAP GROWTHetf	$0	–	-1,864	–	-0.02%	–
NQP	Exit	NUVEEN PA INV QUALITY MUNIetf	$0	–	-18,516	–	-0.02%	–
BIV	Exit	VANGUARD INTERM-TERM BONDetf	$0	–	-3,075	–	-0.02%	–
TSCO	Exit	TRACTOR SUPPLY	$0	–	-1,500	–	-0.02%	–
LIN	Exit	LINDE PLC	$0	–	-1,010	–	-0.02%	–
CCI	Exit	CROWN CASTLE INTERNATIONAL CORP	$0	–	-1,685	–	-0.02%	–
ABBV	Exit	ABBVIE INC.	$0	–	-2,962	–	-0.02%	–
BPMC	Exit	BLUEPRINT MEDICINES CORP	$0	–	-3,000	–	-0.02%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUEetf	$0	–	-4,766	–	-0.02%	–
BAC	Exit	BANK OF AMERICA	$0	–	-7,453	–	-0.02%	–
AMGN	Exit	AMGEN INC	$0	–	-1,512	–	-0.02%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,610	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE-CL B	$0	–	-1,880	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
ARKK	Exit	ARK INNOVATION ETFetf	$0	–	-3,113	–	-0.02%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETFetf	$0	–	-11,329	–	-0.02%	–
FHI	Exit	FEDERATED HERMES INC	$0	–	-10,929	–	-0.02%	–
VBK	Exit	VANGUARD SMALL CAP GROWTHetf	$0	–	-1,239	–	-0.02%	–
DFAT	Exit	DIMENSIONAL U S TARGETED VALUE ETFetf	$0	–	-8,438	–	-0.02%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-964	–	-0.02%	–
NRK	Exit	NUVEEN NY AMT-FREE MUNetf	$0	–	-26,500	–	-0.02%	–
T	Exit	AT&T CORP.	$0	–	-14,496	–	-0.02%	–
DBX	Exit	DROPBOX INC	$0	–	-13,960	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,024	–	-0.02%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFetf	$0	–	-4,800	–	-0.02%	–
FIS	Exit	FIDELITY NATL INFO SVC	$0	–	-3,500	–	-0.02%	–
TSC	Exit	TRISTATE CAP	$0	–	-21,950	–	-0.02%	–
AGG	Exit	ISHARES CORE US AGGREGATE BONDetf	$0	–	-4,000	–	-0.02%	–
NKE	Exit	NIKE INC. CL B	$0	–	-3,153	–	-0.02%	–
FISV	Exit	FISERV INC	$0	–	-4,545	–	-0.03%	–
STBA	Exit	S & T BANCORP INC	$0	–	-16,950	–	-0.03%	–
XOM	Exit	EXXON MOBIL	$0	–	-8,563	–	-0.03%	–
PH	Exit	PARKER HANNIFIN	$0	–	-1,792	–	-0.03%	–
	Exit	GENERAL ELECTRIC	$0	–	-4,871	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-11,628	–	-0.03%	–
HERO	Exit	GLOBAL X VIDEO GAMES ESPORTS ETFetf	$0	–	-18,800	–	-0.03%	–
V	Exit	VISA INC CL A	$0	–	-2,449	–	-0.03%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-7,409	–	-0.03%	–
FMC	Exit	F M C CORP	$0	–	-6,014	–	-0.03%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.03%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-2,200	–	-0.04%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-4,000	–	-0.04%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEetf	$0	–	-136,300	–	-0.04%	–
IWB	Exit	ISHARES RUSSELL 1000 ETFetf	$0	–	-2,744	–	-0.04%	–
DLN	Exit	WISDOMTREE LARGECAP DIVetf	$0	–	-5,781	–	-0.04%	–
TWTR	Exit	TWITTER INC	$0	–	-12,000	–	-0.04%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-6,963	–	-0.04%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-10,178	–	-0.04%	–
MTNB	Exit	MATINAS BIOPHARMA HOLDINGS INC	$0	–	-600,000	–	-0.04%	–
IWD	Exit	ISHARES RUSSELL 1000 VALUEetf	$0	–	-5,358	–	-0.04%	–
PNC	Exit	PNC FINANCIAL	$0	–	-4,506	–	-0.05%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETFetf	$0	–	-5,226	–	-0.05%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-7,987	–	-0.05%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETFetf	$0	–	-8,800	–	-0.05%	–
FB	Exit	FACEBOOK	$0	–	-3,004	–	-0.06%	–
AM	Exit	ANTERO MIDSTREAM CORP	$0	–	-100,000	–	-0.06%	–
BUG	Exit	GLOBAL X CYBERSECURITY ETFetf	$0	–	-35,900	–	-0.06%	–
LCI	Exit	LANNETT INC	$0	–	-365,145	–	-0.06%	–
EMCF	Exit	EMCLAIRE FINANCIAL CORP	$0	–	-42,011	–	-0.06%	–
NUV	Exit	NUVEEN MUNI VALUEetf	$0	–	-103,100	–	-0.06%	–
SPY	Exit	SPDR S&P 500 ETFetf	$0	–	-2,761	–	-0.06%	–
PFF	Exit	ISHARES PREFERRED STOCKetf	$0	–	-31,000	–	-0.06%	–
VEU	Exit	VANGUARD ALL-WORLD EX-USetf	$0	–	-20,170	–	-0.07%	–
VV	Exit	VANGUARD LARGE CAP ETFetf	$0	–	-6,255	–	-0.07%	–
MA	Exit	MASTERCARD INC	$0	–	-3,600	–	-0.07%	–
HD	Exit	HOME DEPOT INC.	$0	–	-3,820	–	-0.07%	–
SCHO	Exit	SCHWAB S/T U.S. TREASetf	$0	–	-24,620	–	-0.07%	–
CAT	Exit	CATERPILLAR INC	$0	–	-6,800	–	-0.07%	–
PEP	Exit	PEPSICO INC	$0	–	-8,821	–	-0.07%	–
ESGE	Exit	ISHARE ESG AWARE MSCI EM ETFetf	$0	–	-37,000	–	-0.08%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEetf	$0	–	-31,700	–	-0.09%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKETetf	$0	–	-15,968	–	-0.09%	–
CFG	Exit	CITIZENS FINL GROUP	$0	–	-36,423	–	-0.09%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-12,901	–	-0.10%	–
VOE	Exit	VANGUARD MID-CAP VALUE ETFetf	$0	–	-13,759	–	-0.10%	–
AR	Exit	ANTERO RES CORP	$0	–	-102,830	–	-0.10%	–
SCHP	Exit	SCHWAB U.S. TIPS ETFetf	$0	–	-31,000	–	-0.10%	–
VCIT	Exit	VANGUARD INTER-TERM CORP BONDetf	$0	–	-20,653	–	-0.10%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-54,609	–	-0.11%	–
BSV	Exit	VANGUARD S/T BONDetf	$0	–	-25,529	–	-0.11%	–
SUSB	Exit	ISHARES ESG 1-5 YEAR USD CORP BOND ETFetf	$0	–	-82,000	–	-0.11%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS ETFetf	$0	–	-42,250	–	-0.11%	–
SHY	Exit	ISHARES 1-3 YR TREASURYetf	$0	–	-24,800	–	-0.12%	–
TTEK	Exit	TETRA TECH INC	$0	–	-15,000	–	-0.12%	–
VUG	Exit	VANGUARD GROWTHetf	$0	–	-8,367	–	-0.13%	–
KKR	Exit	KKR & CO LP	$0	–	-45,100	–	-0.15%	–
NULV	Exit	NUVEEN ESG LARGE-CAP VALUE ETFetf	$0	–	-75,000	–	-0.15%	–
IEMG	Exit	ISHARES CORE MSCI EMERGING MARKETS ETFetf	$0	–	-52,083	–	-0.17%	–
XLK	Exit	SPDR-TECHNOLOGYetf	$0	–	-22,000	–	-0.18%	–
EFA	Exit	ISHARES MSCI EAFE ETFetf	$0	–	-46,631	–	-0.20%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETFetf	$0	–	-25,497	–	-0.21%	–
ABT	Exit	ABBOTT LABS	$0	–	-34,824	–	-0.22%	–
DIS	Exit	WALT DISNEY CO.	$0	–	-25,091	–	-0.23%	–
ATRA	Exit	ATARA BIOTHERAPEUTICS INC	$0	–	-250,000	–	-0.24%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDetf	$0	–	-145,465	–	-0.24%	–
VB	Exit	VANGUARD SMALL-CAP ETFetf	$0	–	-21,750	–	-0.26%	–
GCP	Exit	GCP APPLIED TECHNOLOGIES INC	$0	–	-225,000	–	-0.26%	–
SPG	Exit	SIMON PROPERTY GROUP INC	$0	–	-39,610	–	-0.28%	–
NVDA	Exit	NVIDIA CORP	$0	–	-25,915	–	-0.29%	–
VTIP	Exit	VANGUARD S-T INFLATION PROT. TREASURYetf	$0	–	-103,810	–	-0.29%	–
QRTEP	Exit	QURATE RETAIL INCpfd	$0	–	-51,300	–	-0.30%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,119	–	-0.30%	–
HLXA	Exit	HELIX ACQUISITION CORP ORDINARY SHARES - CLASS A	$0	–	-580,000	–	-0.31%	–
IYW	Exit	ISHARES U.S. TECH ETFetf	$0	–	-60,840	–	-0.33%	–
TWLO	Exit	TWILIO INC CL A	$0	–	-22,500	–	-0.38%	–
MDY	Exit	SPDR S&P 400 MIDCAPetf	$0	–	-15,280	–	-0.39%	–
LYFT	Exit	LYFT INC	$0	–	-147,973	–	-0.42%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALetf	$0	–	-165,568	–	-0.44%	–
COMM	Exit	COMMSCOPE HOLDING CO. INC.	$0	–	-611,000	–	-0.44%	–
VO	Exit	VANGUARD MID CAP ETFetf	$0	–	-35,441	–	-0.45%	–
EFV	Exit	ISHARES MSCI EAFE VALUEetf	$0	–	-166,530	–	-0.45%	–
DNB	Exit	DUN & BRADSTREET	$0	–	-550,000	–	-0.50%	–
QRTEA	Exit	QURATE RETAIL INC	$0	–	-950,000	–	-0.52%	–
DOW	Exit	DOW INC	$0	–	-173,175	–	-0.54%	–
NEAR	Exit	ISHARES SHORT MATURITY BONDetf	$0	–	-202,000	–	-0.54%	–
TJX	Exit	TJX COS INC	$0	–	-156,465	–	-0.55%	–
ESGU	Exit	ISHARES ESG MSCI USA ETFetf	$0	–	-110,150	–	-0.58%	–
VTV	Exit	VANGUARD VALUE INDEXetf	$0	–	-88,774	–	-0.64%	–
OKTA	Exit	OKTA INC	$0	–	-51,275	–	-0.65%	–
VEA	Exit	VANGUARD DEV. MARKETS ETFetf	$0	–	-262,487	–	-0.71%	–
WMT	Exit	WALMART INC.	$0	–	-97,171	–	-0.73%	–
TWI	Exit	TITAN INTL INC	$0	–	-1,941,749	–	-0.75%	–
VCSH	Exit	VANGUARD S/T CORP BOND ETFetf	$0	–	-170,805	–	-0.76%	–
OPCH	Exit	OPTION CARE HEALTH ORD	$0	–	-600,000	–	-0.78%	–
SLB	Exit	SCHLUMBERGER	$0	–	-529,919	–	-0.84%	–
EFG	Exit	ISHARES EAFE GROWTH ETFetf	$0	–	-147,777	–	-0.84%	–
C	Exit	CITIGROUP	$0	–	-231,621	–	-0.87%	–
DISCK	Exit	DISCOVERY INC C	$0	–	-709,580	–	-0.92%	–
CTVA	Exit	CORTEVA INC	$0	–	-441,371	–	-1.00%	–
PM	Exit	PHILIP MORRIS INTL.	$0	–	-208,544	–	-1.06%	–
GDX	Exit	VANECK VECTORS GOLD MINERSetf	$0	–	-728,964	–	-1.15%	–
AAPL	Exit	APPLE INC	$0	–	-170,266	–	-1.29%	–
INTC	Exit	INTEL CORP	$0	–	-463,674	–	-1.32%	–
VZ	Exit	VERIZON COMM.	$0	–	-486,161	–	-1.41%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYetf	$0	–	-342,294	–	-1.87%	–
GLD	Exit	SPDR GOLD SHARESetf	$0	–	-223,940	–	-1.97%	–
AMZN	Exit	AMAZON.COM	$0	–	-11,634	–	-2.05%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETFetf	$0	–	-773,945	–	-2.08%	–
BA	Exit	BOEING CO.	$0	–	-185,025	–	-2.18%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-253,466	–	-2.20%	–
CVX	Exit	CHEVRON CORP	$0	–	-405,644	–	-2.21%	–
FDX	Exit	FEDEX CORP	$0	–	-196,486	–	-2.31%	–
GLW	Exit	CORNING, INC.	$0	–	-1,187,291	–	-2.32%	–
DD	Exit	DU PONT	$0	–	-680,936	–	-2.48%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,165,000	–	-2.51%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-965,646	–	-2.82%	–
PFE	Exit	PFIZER INC	$0	–	-1,250,594	–	-2.88%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-210,466	–	-3.08%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,123,642	–	-3.18%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-876,627	–	-3.99%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-466,543	–	-4.10%	–
GOOG	Exit	ALPHABET C	$0	–	-32,177	–	-4.60%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-751,523	–	-5.20%	–
IWF	Exit	RUSSELL 1000 GROWTHetf	$0	–	-494,180	–	-7.26%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-514,915	–	-7.79%	–

Q3 2021

			Value		Shares		↓ Weighting
MSFT	Sell	MICROSOFT CORP	$145,165,000	+0.9%	514,915	-3.1%	7.79%	+3.4%
IWF	Sell	RUSSELL 1000 GROWTHetf	$135,425,000	-0.3%	494,180	-1.3%	7.26%	+2.2%
QCOM	Sell	QUALCOMM INC.	$96,931,000	-10.1%	751,523	-0.4%	5.20%	-7.9%
GOOG	Sell	ALPHABET C	$85,762,000	+5.0%	32,177	-1.3%	4.60%	+7.6%
JPM	Sell	J.P. MORGAN CHASE	$76,368,000	+4.7%	466,543	-0.5%	4.10%	+7.3%
CVS	Sell	CVS HEALTH CORP	$74,391,000	+1.3%	876,627	-0.4%	3.99%	+3.8%
GM	Buy	GENERAL MOTORS	$59,227,000	-6.4%	1,123,642	+5.1%	3.18%	-4.0%
BRKB	Buy	BERKSHIRE HATHAWAY B	$57,444,000	+0.7%	210,466	+2.5%	3.08%	+3.2%
PFE	Sell	PFIZER INC	$53,788,000	+9.2%	1,250,594	-0.6%	2.88%	+11.9%
CSCO	Sell	CISCO SYSTEMS	$52,560,000	+2.4%	965,646	-0.3%	2.82%	+4.9%
LQDT	Sell	LIQUIDITY SERVICES	$46,786,000	-16.4%	2,165,000	-1.6%	2.51%	-14.3%
DD	Sell	DU PONT	$46,296,000	-12.3%	680,936	-0.2%	2.48%	-10.1%
GLW	Sell	CORNING, INC.	$43,324,000	-11.9%	1,187,291	-1.3%	2.32%	-9.7%
FDX	Buy	FEDEX CORP	$43,088,000	-26.2%	196,486	+0.3%	2.31%	-24.4%
CVX	Buy	CHEVRON CORP	$41,152,000	+0.4%	405,644	+3.6%	2.21%	+2.9%
JNJ	Sell	JOHNSON&JOHNSON	$40,934,000	-3.7%	253,466	-1.7%	2.20%	-1.3%
BA	Buy	BOEING CO.	$40,694,000	-4.0%	185,025	+4.6%	2.18%	-1.6%
VWO	Buy	VANGUARD EMERG. MARKETS ETFetf	$38,705,000	-5.2%	773,945	+3.0%	2.08%	-2.8%
AMZN	Buy	AMAZON.COM	$38,218,000	+2.9%	11,634	+7.8%	2.05%	+5.5%
GLD	Buy	SPDR GOLD SHARESetf	$36,775,000	+7.1%	223,940	+8.0%	1.97%	+9.8%
MINT	Sell	PIMCO ENHANCED SHORT MATURITYetf	$34,890,000	-3.8%	342,294	-3.7%	1.87%	-1.4%
VZ	Buy	VERIZON COMM.	$26,257,000	-2.3%	486,161	+1.3%	1.41%	+0.1%
INTC	Buy	INTEL CORP	$24,705,000	-2.6%	463,674	+2.6%	1.32%	-0.2%
AAPL	Sell	APPLE INC	$24,093,000	+3.2%	170,266	-0.1%	1.29%	+5.8%
GDX	Buy	VANECK VECTORS GOLD MINERSetf	$21,483,000	-11.7%	728,964	+1.8%	1.15%	-9.5%
PM	Sell	PHILIP MORRIS INTL.	$19,768,000	-6.5%	208,544	-2.2%	1.06%	-4.2%
CTVA	Sell	CORTEVA INC	$18,573,000	-6.2%	441,371	-1.2%	1.00%	-3.9%
DISCK	Buy	DISCOVERY INC C	$17,222,000	-11.0%	709,580	+6.3%	0.92%	-8.7%
C	Buy	CITIGROUP	$16,255,000	+3.0%	231,621	+3.9%	0.87%	+5.7%
EFG	Sell	ISHARES EAFE GROWTH ETFetf	$15,734,000	-1.1%	147,777	-0.3%	0.84%	+1.4%
SLB	Buy	SCHLUMBERGER	$15,707,000	-7.1%	529,919	+0.4%	0.84%	-4.8%
OPCH	Sell	OPTION CARE HEALTH ORD	$14,556,000	-1.4%	600,000	-11.1%	0.78%	+1.2%
VCSH	Sell	VANGUARD S/T CORP BOND ETFetf	$14,076,000	-0.7%	170,805	-0.4%	0.76%	+1.8%
TWI	Buy	TITAN INTL INC	$13,903,000	-15.0%	1,941,749	+0.6%	0.75%	-12.9%
WMT	Buy	WALMART INC.	$13,544,000	+2.9%	97,171	+4.1%	0.73%	+5.4%
VEA	Buy	VANGUARD DEV. MARKETS ETFetf	$13,253,000	-1.0%	262,487	+1.0%	0.71%	+1.4%
OKTA	New	OKTA INC	$12,170,000	–	51,275	–	0.65%	–
VTV	Buy	VANGUARD VALUE INDEXetf	$12,017,000	-0.6%	88,774	+1.0%	0.64%	+2.1%
ESGU	Sell	ISHARES ESG MSCI USA ETFetf	$10,845,000	-2.7%	110,150	-2.7%	0.58%	-0.2%
TJX	Sell	TJX COS INC	$10,324,000	-2.8%	156,465	-0.7%	0.55%	-0.4%
NEAR	Sell	ISHARES SHORT MATURITY BONDetf	$10,128,000	-1.6%	202,000	-1.5%	0.54%	+0.9%
DOW	Sell	DOW INC	$9,968,000	-12.3%	173,175	-3.6%	0.54%	-10.1%
QRTEA	Buy	QURATE RETAIL INC	$9,681,000	-17.8%	950,000	+5.6%	0.52%	-15.7%
EFV	Buy	ISHARES MSCI EAFE VALUEetf	$8,468,000	-0.6%	166,530	+1.2%	0.45%	+1.8%
VO	Buy	VANGUARD MID CAP ETFetf	$8,391,000	+11.3%	35,441	+11.6%	0.45%	+13.9%
COMM	Buy	COMMSCOPE HOLDING CO. INC.	$8,303,000	-33.9%	611,000	+3.6%	0.44%	-32.4%
SHM	Buy	SPDR SHORT TERM MUNICIPALetf	$8,179,000	+2.4%	165,568	+2.7%	0.44%	+5.0%
HLXA	Buy	HELIX ACQUISITION CORP ORDINARY SHARES - CLASS A	$5,713,000	+10.4%	580,000	+16.0%	0.31%	+12.9%
GOOGL	New	ALPHABET A	$5,665,000	–	2,119	–	0.30%	–
QRTEP	New	QURATE RETAIL INCpfd	$5,548,000	–	51,300	–	0.30%	–
VTIP	Sell	VANGUARD S-T INFLATION PROT. TREASURYetf	$5,458,000	-1.1%	103,810	-1.4%	0.29%	+1.4%
NVDA	Buy	NVIDIA CORP	$5,368,000	+3.5%	25,915	+300.0%	0.29%	+6.3%
SPG	Sell	SIMON PROPERTY GROUP INC	$5,148,000	-1.4%	39,610	-1.0%	0.28%	+1.1%
VB	Buy	VANGUARD SMALL-CAP ETFetf	$4,756,000	+0.1%	21,750	+3.1%	0.26%	+2.4%
SPSB	Buy	SPDR SHORT-TERM CORPORATE BONDetf	$4,546,000	+2.2%	145,465	+2.4%	0.24%	+4.7%
DIS	Sell	WALT DISNEY CO.	$4,245,000	-4.0%	25,091	-0.3%	0.23%	-1.3%
VIG	Buy	VANGUARD DIV. APPRECIATION ETFetf	$3,916,000	+5.3%	25,497	+6.2%	0.21%	+7.7%
BSV	Buy	VANGUARD S/T BONDetf	$2,092,000	-0.1%	25,529	+0.1%	0.11%	+1.8%
VCIT	Buy	VANGUARD INTER-TERM CORP BONDetf	$1,950,000	+0.7%	20,653	+1.4%	0.10%	+4.0%
PG	Sell	PROCTER & GAMBLE	$1,804,000	+2.9%	12,901	-0.8%	0.10%	+5.4%
SCHB	Sell	SCHWAB U.S. BROAD MARKETetf	$1,658,000	-0.8%	15,968	-0.4%	0.09%	+2.3%
VV	Buy	VANGUARD LARGE CAP ETFetf	$1,257,000	+15.0%	6,255	+14.9%	0.07%	+17.5%
HD	Sell	HOME DEPOT INC.	$1,254,000	+2.1%	3,820	-0.8%	0.07%	+4.7%
PFF	Sell	ISHARES PREFERRED STOCKetf	$1,203,000	-1.6%	31,000	-0.3%	0.06%	+1.6%
NUV	Sell	NUVEEN MUNI VALUEetf	$1,167,000	-15.0%	103,100	-13.4%	0.06%	-12.5%
LCI	Buy	LANNETT INC	$1,095,000	-18.6%	365,145	+26.6%	0.06%	-15.7%
VBR	Buy	VANGUARD SMALL CAP VALUE ETFetf	$885,000	-2.2%	5,226	+0.3%	0.05%	0.0%
PNC	Sell	PNC FINANCIAL	$882,000	-2.6%	4,506	-5.1%	0.05%	0.0%
IWD	Buy	ISHARES RUSSELL 1000 VALUEetf	$839,000	-1.3%	5,358	+0.0%	0.04%	+2.3%
NML	Sell	NEUBERGER BRMN. MLP INCOMEetf	$672,000	-14.0%	136,300	-12.8%	0.04%	-12.2%
MO	Buy	ALTRIA GROUP INC.	$529,000	-4.0%	11,628	+0.6%	0.03%	-3.4%
XOM	Buy	EXXON MOBIL	$504,000	-6.1%	8,563	+0.6%	0.03%	-3.6%
	New	GENERAL ELECTRIC	$502,000	–	4,871	–	0.03%	–
STBA	New	S & T BANCORP INC	$500,000	–	16,950	–	0.03%	–
TSC	New	TRISTATE CAP	$464,000	–	21,950	–	0.02%	–
DBX	New	DROPBOX INC	$408,000	–	13,960	–	0.02%	–
MDLZ	Sell	MONDELEZ INTL	$409,000	-15.5%	7,024	-9.4%	0.02%	-12.0%
T	New	AT&T CORP.	$392,000	–	14,496	–	0.02%	–
DFAT	Buy	DIMENSIONAL U S TARGETED VALUE ETFetf	$375,000	-0.5%	8,438	+0.2%	0.02%	0.0%
UNH	Sell	UNITEDHEALTH GROUP	$377,000	-9.4%	964	-7.2%	0.02%	-9.1%
ARKK	Sell	ARK INNOVATION ETFetf	$344,000	-21.3%	3,113	-6.7%	0.02%	-21.7%
ABBV	Sell	ABBVIE INC.	$320,000	-12.8%	2,962	-9.2%	0.02%	-10.5%
BAC	Sell	BANK OF AMERICA	$316,000	0.0%	7,453	-2.6%	0.02%	0.0%
ADP	New	AUTOMATIC DATA PROCESSING	$322,000	–	1,610	–	0.02%	–
CCI	New	CROWN CASTLE INTERNATIONAL CORP	$292,000	–	1,685	–	0.02%	–
NQP	Sell	NUVEEN PA INV QUALITY MUNIetf	$274,000	-25.9%	18,516	-24.5%	0.02%	-21.1%
BIV	Buy	VANGUARD INTERM-TERM BONDetf	$275,000	+10.9%	3,075	+11.6%	0.02%	+15.4%
IBM	Buy	INTL. BUS. MACHINES	$236,000	-4.1%	1,700	+1.3%	0.01%	0.0%
EVV	Buy	EATON VANCE LIMITED DURATIONetf	$217,000	-0.5%	16,441	+0.2%	0.01%	+9.1%
SBUX	Buy	STARBUCKS CORP	$219,000	+0.9%	1,987	+2.6%	0.01%	+9.1%
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$226,000	–	2,530	–	0.01%	–
ZM	Sell	ZOOM VIDEO COMMUNICATIONS-A	$214,000	-39.9%	820	-10.9%	0.01%	-42.1%
VTI	New	VANGUARD TOTAL STOCK MARKETetf	$203,000	–	915	–	0.01%	–
MDT	New	MEDTRONIC INC	$204,000	–	1,624	–	0.01%	–
VYNE	Buy	VYNE THERAPEUTICS INC	$70,000	-47.0%	50,000	+33.3%	0.00%	-42.9%
MDT	Exit	MEDTRONIC INC	$0	–	-1,624	–	-0.01%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-2,500	–	-0.01%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,060	–	-0.01%	–
CCI	Exit	CROWN CASTLE INTL. CORP.	$0	–	-1,685	–	-0.02%	–
	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,610	–	-0.02%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESSetf	$0	–	-4,900	–	-0.02%	–
	Exit	TRISTATE CAP	$0	–	-21,950	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-39,529	–	-0.03%	–
	Exit	AT&T CORP.	$0	–	-19,467	–	-0.03%	–
BIL	Exit	SPDR SERIES TRUST SPDR BLOOMBEetf	$0	–	-7,500	–	-0.04%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,144	–	-0.27%	–

Q2 2021

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$143,891,000	–	531,160	–	7.53%	–
IWF	New	iSHARES RUSSELL 1000 GROWTHetf	$135,884,000	–	500,529	–	7.11%	–
QCOM	New	QUALCOMM INC.	$107,866,000	–	754,680	–	5.64%	–
GOOG	New	ALPHABET C	$81,706,000	–	32,600	–	4.28%	–
CVS	New	CVS HEALTH CORP	$73,459,000	–	880,387	–	3.84%	–
JPM	New	J.P. MORGAN CHASE	$72,938,000	–	468,933	–	3.82%	–
GM	New	GENERAL MOTORS	$63,285,000	–	1,069,537	–	3.31%	–
FDX	New	FEDEX CORP	$58,421,000	–	195,827	–	3.06%	–
BRKB	New	BERKSHIRE HATH B	$57,057,000	–	205,301	–	2.98%	–
LQDT	New	LIQUIDITY SERVICES	$55,990,000	–	2,200,000	–	2.93%	–
DD	New	DU PONT	$52,801,000	–	682,090	–	2.76%	–
CSCO	New	CISCO SYSTEMS	$51,351,000	–	968,893	–	2.69%	–
PFE	New	PFIZER INC	$49,268,000	–	1,258,114	–	2.58%	–
GLW	New	CORNING, INC.	$49,182,000	–	1,202,499	–	2.57%	–
JNJ	New	JOHNSON&JOHNSON	$42,485,000	–	257,893	–	2.22%	–
BA	New	BOEING CO.	$42,391,000	–	176,954	–	2.22%	–
CVX	New	CHEVRON CORP	$41,001,000	–	391,456	–	2.14%	–
VWO	New	VANGUARD EMERG. MARKETS ETFetf	$40,820,000	–	751,614	–	2.14%	–
AMZN	New	AMAZON.COM	$37,140,000	–	10,796	–	1.94%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYetf	$36,258,000	–	355,579	–	1.90%	–
GLD	New	SPDR GOLD SHARESetf	$34,331,000	–	207,276	–	1.80%	–
VZ	New	VERIZON COMM.	$26,885,000	–	479,838	–	1.41%	–
INTC	New	INTEL CORP	$25,373,000	–	451,959	–	1.33%	–
GDX	New	VANECK VECTORS GOLD MINERSetf	$24,332,000	–	716,059	–	1.27%	–
AAPL	New	APPLE INC	$23,339,000	–	170,407	–	1.22%	–
PM	New	PHILIP MORRIS INTl.	$21,132,000	–	213,217	–	1.11%	–
CTVA	New	CORTEVA INC.	$19,807,000	–	446,603	–	1.04%	–
DISCK	New	DISCOVERY INC C	$19,344,000	–	667,500	–	1.01%	–
SLB	New	SCHLUMBERGER	$16,902,000	–	528,015	–	0.88%	–
TWI	New	TITAN INTL INC	$16,365,000	–	1,929,810	–	0.86%	–
EFG	New	ISHARES EAFE GROWTHetf	$15,907,000	–	148,277	–	0.83%	–
C	New	CITIGROUP	$15,775,000	–	222,968	–	0.82%	–
OPCH	New	OPTION CARE HEALTH INC COM NEW	$14,762,000	–	675,000	–	0.77%	–
VCSH	New	VANGUARD S/T CORP BOND ETFetf	$14,180,000	–	171,440	–	0.74%	–
VEA	New	VANGUARD DEV. MARKETS ETFetf	$13,393,000	–	259,959	–	0.70%	–
WMT	New	WAL-MART STORES	$13,160,000	–	93,321	–	0.69%	–
COMM	New	COMMSCOPE	$12,570,000	–	589,850	–	0.66%	–
VTV	New	VANGUARD VALUE INDEXetf	$12,085,000	–	87,918	–	0.63%	–
QRTEA	New	QURATE RETAIL INC. QVC GROUP	$11,781,000	–	900,000	–	0.62%	–
DNB	New	DUN & BRADSTREET HOLDINGS INC.	$11,753,000	–	550,000	–	0.62%	–
DOW	New	DOW CHEMICAL	$11,366,000	–	179,615	–	0.60%	–
ESGU	New	iSHARES ESG AWARE USAetf	$11,142,000	–	113,150	–	0.58%	–
TJX	New	TJX COS INC	$10,623,000	–	157,565	–	0.56%	–
NEAR	New	iSHARES SHORT MATURITY BONDetf	$10,289,000	–	205,100	–	0.54%	–
LYFT	New	LYFT INC CL A COM	$8,949,000	–	147,973	–	0.47%	–
TWLO	New	TWILIO INC CL A	$8,869,000	–	22,500	–	0.46%	–
EFV	New	ISHARES EAFE VALUEetf	$8,516,000	–	164,530	–	0.45%	–
SHM	New	SPDR SHORT TERM MUNICIPALetf	$7,990,000	–	161,218	–	0.42%	–
VO	New	VANGUARD MID CAPetf	$7,540,000	–	31,769	–	0.40%	–
MDY	New	SPDR S&P 400 MIDCAPetf	$7,503,000	–	15,280	–	0.39%	–
IYW	New	ISHARES U.S. TECH ETFetf	$6,047,000	–	60,840	–	0.32%	–
VTIP	New	VANGUARD S-T TIPSetf	$5,519,000	–	105,310	–	0.29%	–
GCP	New	GCP APPLIED TECHNOLOGI COM	$5,233,000	–	225,000	–	0.27%	–
GOOGL	New	ALPHABET A	$5,235,000	–	2,144	–	0.27%	–
SPG	New	SIMON PROPERTY GROUP INC	$5,221,000	–	40,010	–	0.27%	–
HLXA	New	HELIX ACQUISITION CORP. COM CL	$5,175,000	–	500,000	–	0.27%	–
NVDA	New	NVIDIA CORP	$5,184,000	–	6,479	–	0.27%	–
VB	New	VANGUARD SMALL-CAP ETFetf	$4,750,000	–	21,086	–	0.25%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDetf	$4,448,000	–	142,115	–	0.23%	–
DIS	New	WALT DISNEY CO.	$4,422,000	–	25,161	–	0.23%	–
ABT	New	ABBOTT LABS	$4,037,000	–	34,824	–	0.21%	–
ATRA	New	ATARA BIOTHERAPEUTICS INC.	$3,887,000	–	250,000	–	0.20%	–
VIG	New	VANGUARD DIV. APPRECIATION ETFetf	$3,718,000	–	24,018	–	0.20%	–
EFA	New	ISHARES MSCI EAFE ETFetf	$3,678,000	–	46,631	–	0.19%	–
IEMG	New	ISHARES CORE MSCI EMERG MKTSetf	$3,489,000	–	52,083	–	0.18%	–
XLK	New	SPDR-TECHNOLOGYetf	$3,249,000	–	22,000	–	0.17%	–
NULV	New	NUVEEN ESG LARGE CAP VALUEetf	$2,831,000	–	75,000	–	0.15%	–
KKR	New	KKR & CO	$2,672,000	–	45,100	–	0.14%	–
VUG	New	VANGUARD GROWTHetf	$2,400,000	–	8,367	–	0.13%	–
EEM	New	ISHARES MSCI EMERGING MKTS ETFetf	$2,330,000	–	42,250	–	0.12%	–
SUSB	New	iSHARES ESG 1-5 YR CORPORATEetf	$2,135,000	–	82,000	–	0.11%	–
SHY	New	iSHARES 1-3 YR TREASURYetf	$2,137,000	–	24,800	–	0.11%	–
BSV	New	VANGUARD S/T BONDetf	$2,095,000	–	25,494	–	0.11%	–
UBSI	New	UNITED BANKSHARES	$1,993,000	–	54,609	–	0.10%	–
VOE	New	VANGUARD MID-CAP VALUE ETFetf	$1,933,000	–	13,759	–	0.10%	–
SCHP	New	SCHWAB U.S. TIPS ETFetf	$1,938,000	–	31,000	–	0.10%	–
VCIT	New	VANGUARD INTER-TERM CORP BONDetf	$1,936,000	–	20,365	–	0.10%	–
TTEK	New	TETRA TECH INC	$1,831,000	–	15,000	–	0.10%	–
PG	New	PROCTER & GAMBLE	$1,754,000	–	13,001	–	0.09%	–
SCHB	New	SCHWAB U.S. BROAD MARKETetf	$1,671,000	–	16,028	–	0.09%	–
CFG	New	CITIZENS FINL	$1,671,000	–	36,423	–	0.09%	–
ESGE	New	iSHARES ESG AWARE EMERGING MKTetf	$1,671,000	–	37,000	–	0.09%	–
FLOT	New	ISHARES FLOATING RATE NOTEetf	$1,611,000	–	31,700	–	0.08%	–
AR	New	ANTERO RES CORP	$1,546,000	–	102,830	–	0.08%	–
CAT	New	CATERPILLAR INC	$1,480,000	–	6,800	–	0.08%	–
NUV	New	NUVEEN MUNI VALUEetf	$1,373,000	–	119,100	–	0.07%	–
LCI	New	LANNETT INC	$1,346,000	–	288,326	–	0.07%	–
MA	New	MASTERCARD INC	$1,314,000	–	3,600	–	0.07%	–
PEP	New	PEPSICO INC	$1,307,000	–	8,821	–	0.07%	–
VEU	New	VANGUARD FTSE ALL-WORLD EX-USetf	$1,279,000	–	20,170	–	0.07%	–
EMCF	New	EMCLAIRE FINL CORP COM	$1,272,000	–	42,011	–	0.07%	–
SCHO	New	SCHWAB S/T U.S. TREASetf	$1,261,000	–	24,620	–	0.07%	–
PFF	New	iSHARES PREFERRED STOCKetf	$1,223,000	–	31,100	–	0.06%	–
HD	New	HOME DEPOT INC.	$1,228,000	–	3,850	–	0.06%	–
SPY	New	SPDR S&P 500 ETFetf	$1,182,000	–	2,761	–	0.06%	–
VV	New	VANGUARD LARGE CAP ETFetf	$1,093,000	–	5,445	–	0.06%	–
FB	New	FACEBOOK	$1,045,000	–	3,004	–	0.06%	–
BUG	New	GLOBAL X FDS CYBRSCURTY ETFetf	$1,035,000	–	35,900	–	0.05%	–
AM	New	ANTERO MIDSTREAM CORP	$1,039,000	–	100,000	–	0.05%	–
IJR	New	ISHARES S&P SMALL-CAP ETFetf	$994,000	–	8,800	–	0.05%	–
ABC	New	AMERISOURCEBERGEN	$914,000	–	7,987	–	0.05%	–
VBR	New	VANGUARD SMALL CAP VALUE ETFetf	$905,000	–	5,210	–	0.05%	–
PNC	New	PNC FINANCIAL	$906,000	–	4,750	–	0.05%	–
IWD	New	iSHARES RUSSELL 1000 VALUEetf	$850,000	–	5,357	–	0.04%	–
TWTR	New	TWITTER INC	$826,000	–	12,000	–	0.04%	–
CHKP	New	CHECK POINT SOFTWARE	$809,000	–	6,963	–	0.04%	–
NML	New	NEUBERGER BRMN. MLP INCOMEetf	$781,000	–	156,300	–	0.04%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$767,000	–	4,000	–	0.04%	–
HSIC	New	HENRY SCHEIN	$755,000	–	10,178	–	0.04%	–
DLN	New	WISDOMTREE LARGECAP DIVetf	$696,000	–	5,781	–	0.04%	–
BIL	New	SPDR SERIES TRUST SPDR BLOOMBEetf	$686,000	–	7,500	–	0.04%	–
IWB	New	ISHARES RUSSELL 1000 ETFetf	$664,000	–	2,744	–	0.04%	–
FMC	New	F M C CORP	$651,000	–	6,014	–	0.03%	–
HERO	New	GLOBAL X FDS VDEO GAM ESPRTetf	$607,000	–	18,800	–	0.03%	–
SNPS	New	SYNOPSYS INC	$607,000	–	2,200	–	0.03%	–
V	New	VISA INC CL A	$573,000	–	2,449	–	0.03%	–
MRK	New	MERCK & CO. INC.	$576,000	–	7,409	–	0.03%	–
	New	AT&T CORP.	$560,000	–	19,467	–	0.03%	–
MO	New	ALTRIA GROUP INC.	$551,000	–	11,558	–	0.03%	–
LOW	New	LOWE'S COMPANIES	$563,000	–	2,900	–	0.03%	–
PH	New	PARKER HANNIFIN	$550,000	–	1,792	–	0.03%	–
GE	New	GENERAL ELECTRIC	$532,000	–	39,529	–	0.03%	–
XOM	New	EXXON MOBIL	$537,000	–	8,514	–	0.03%	–
FIS	New	FIDELITY NATL INFO SVC	$496,000	–	3,500	–	0.03%	–
MDLZ	New	MONDELEZ INTL	$484,000	–	7,755	–	0.02%	–
FISV	New	FISERV INC	$486,000	–	4,545	–	0.02%	–
NKE	New	NIKE INC. CL B	$487,000	–	3,153	–	0.02%	–
AGG	New	iSHARES CORE US AGGREGATE BONDetf	$461,000	–	4,000	–	0.02%	–
MTNB	New	MATINAS BIOPHARMA HLDG	$465,000	–	600,000	–	0.02%	–
MOO	New	VANECK VECTORS AGRIBUSINESSetf	$446,000	–	4,900	–	0.02%	–
	New	TRISTATE CAP	$448,000	–	21,950	–	0.02%	–
ARKK	New	ARK ETF TR INNOVATION ETFetf	$437,000	–	3,338	–	0.02%	–
UNH	New	UNITEDHEALTH GROUP	$416,000	–	1,039	–	0.02%	–
BND	New	VANGUARD TOTAL BOND MARKETetf	$412,000	–	4,800	–	0.02%	–
NRK	New	NUVEEN NY AMT-FREE MUNetf	$376,000	–	26,500	–	0.02%	–
DFAT	New	DIMENSIONAL ETF TRUST US TARGEetf	$377,000	–	8,418	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE-CL B	$391,000	–	1,880	–	0.02%	–
BOX	New	BOX INC CL A	$358,000	–	14,000	–	0.02%	–
ZM	New	ZOOM VIDEO COMMUNICATI CL A	$356,000	–	920	–	0.02%	–
SCHE	New	SCHWAB EMERGING MARKET ETFetf	$372,000	–	11,329	–	0.02%	–
ABBV	New	ABBVIE INC.	$367,000	–	3,262	–	0.02%	–
AMGN	New	AMGEN INC	$369,000	–	1,512	–	0.02%	–
NQP	New	NUVEEN PA INV QUALITY MUNIetf	$370,000	–	24,516	–	0.02%	–
VBK	New	VANGUARD SMALL CAP GROWTHetf	$359,000	–	1,239	–	0.02%	–
FHI	New	FEDERATED HERMES INC CL B	$371,000	–	10,929	–	0.02%	–
BAC	New	BANK OF AMERICA	$316,000	–	7,653	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$320,000	–	1,610	–	0.02%	–
CCI	New	CROWN CASTLE INTL. CORP.	$329,000	–	1,685	–	0.02%	–
MDYV	New	SPDR S&P 400 MID CAP VALUEetf	$322,000	–	4,766	–	0.02%	–
PPG	New	PPG INDUSTRIES	$311,000	–	1,833	–	0.02%	–
LIN	New	LINDE PLC	$292,000	–	1,010	–	0.02%	–
TSCO	New	TRACTOR SUPPLY	$279,000	–	1,500	–	0.02%	–
PFXF	New	VANECK VECTORS PFD. SEC. EX-FIetf	$273,000	–	12,800	–	0.01%	–
PSX	New	PHILLIPS 66	$263,000	–	3,060	–	0.01%	–
SCHG	New	SCHWAB US LARGE CAP GROWTHetf	$272,000	–	1,864	–	0.01%	–
SCHF	New	SCHWAB INTL EQUITY ETFetf	$270,000	–	6,854	–	0.01%	–
IGSB	New	iSHARES SHORT TERM CORP BONDetf	$264,000	–	4,816	–	0.01%	–
IAU	New	ISHARES GOLD TRUSTetf	$266,000	–	7,883	–	0.01%	–
CWGL	New	CRIMSON WINE GROUP LTD	$270,000	–	29,546	–	0.01%	–
BPMC	New	BLUEPRINT MEDICINES CORP.	$264,000	–	3,000	–	0.01%	–
SCHM	New	SCHWAB U.S. MID CAPetf	$249,000	–	3,175	–	0.01%	–
IBM	New	INTL. BUS. MACHINES	$246,000	–	1,678	–	0.01%	–
HON	New	HONEYWELL INTL	$258,000	–	1,178	–	0.01%	–
BIV	New	VANGUARD INTERM-TERM BONDetf	$248,000	–	2,755	–	0.01%	–
IWM	New	ISHARES RUSSELL 2000 INDEXetf	$247,000	–	1,075	–	0.01%	–
ADBE	New	ADOBE SYSTEMS	$237,000	–	405	–	0.01%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTetf	$212,000	–	15,000	–	0.01%	–
EVV	New	EATON VANCE LIMITED DURATIONetf	$218,000	–	16,404	–	0.01%	–
IVV	New	ISHARES TR S&P 500 INDEXetf	$201,000	–	467	–	0.01%	–
COP	New	CONOCOPHILLIPS	$217,000	–	3,568	–	0.01%	–
CL	New	COLGATE PALMOLIVE CO	$203,000	–	2,500	–	0.01%	–
SBUX	New	STARBUCKS CORP	$217,000	–	1,937	–	0.01%	–
MDT	New	MEDTRONIC INC	$202,000	–	1,624	–	0.01%	–
SCHA	New	SCHWAB U.S. SMALL CAP ETFetf	$213,000	–	2,040	–	0.01%	–
VYMI	New	VANGUARD INTL. HIGH DIVIDENDetf	$218,000	–	3,200	–	0.01%	–
GNPX	New	GENPREX INC COM	$167,000	–	50,000	–	0.01%	–
NAZ	New	NUVEEN ARIZONA QLTY MUNIetf	$162,000	–	10,000	–	0.01%	–
VYNE	New	VYNE THERAPEUTICS INC COM NEW	$132,000	–	37,500	–	0.01%	–
THTX	New	THERATECHNOLOGIES INC COM	$58,000	–	15,000	–	0.00%	–
MAKAF	New	MAKARA MNG CORP COM	$2,000	–	10,000	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
	Exit	NEWRON PHARMACEUTICALS SPA	$0	–	-10,000	–	-0.00%	–
THTX	Exit	THERATECHNOLOGIES INC	$0	–	-15,000	–	-0.00%	–
NAZ	Exit	NUVEEN AZ QUALITY MUNIetf	$0	–	-10,000	–	-0.01%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-29,546	–	-0.01%	–
CGC	Exit	CANOPY GROWTH CORP	$0	–	-12,000	–	-0.01%	–
GNPX	Exit	GENPREX INC	$0	–	-50,000	–	-0.01%	–
BP	Exit	BP PLC - SPONS ADR	$0	–	-11,492	–	-0.01%	–
EVV	Exit	EATON VANCE LIMITED DURATIONetf	$0	–	-17,294	–	-0.01%	–
MKC	Exit	MCCORMICK & CO	$0	–	-1,075	–	-0.01%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUEetf	$0	–	-4,766	–	-0.01%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTetf	$0	–	-15,000	–	-0.01%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-2,530	–	-0.02%	–
TSCO	Exit	TRACTOR SUPPLY	$0	–	-1,500	–	-0.02%	–
SCHF	Exit	SCHWAB INTL EQUITY ETFetf	$0	–	-6,854	–	-0.02%	–
ADP	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,610	–	-0.02%	–
HON	Exit	HONEYWELL INTL	$0	–	-1,397	–	-0.02%	–
CFG	Exit	CITIZENS FINL GROUP	$0	–	-9,000	–	-0.02%	–
ABBV	Exit	ABBVIE INC.	$0	–	-2,762	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
PFXF	Exit	VANECK VECTORS PFD. SEC. EX-FINANetf	$0	–	-12,800	–	-0.02%	–
SCHG	Exit	SCHWAB US LARGE CAP GROWTHetf	$0	–	-2,150	–	-0.02%	–
LIN	Exit	LINDE PLC	$0	–	-1,010	–	-0.02%	–
EMCF	Exit	EMCLAIRE FINANCIAL CORP	$0	–	-10,260	–	-0.02%	–
VBK	Exit	VANGUARD SMALL CAP GROWTHetf	$0	–	-1,193	–	-0.02%	–
WMT	Exit	WAL-MART STORES	$0	–	-1,833	–	-0.02%	–
STND	Exit	STANDARD AVB FINL	$0	–	-8,392	–	-0.02%	–
DBX	Exit	DROPBOX INC	$0	–	-13,960	–	-0.02%	–
BPMC	Exit	BLUEPRINT MEDICINES CORP	$0	–	-3,000	–	-0.02%	–
KLXE	Exit	KLX ENERGY SERVICES HOLDINGS	$0	–	-67,640	–	-0.02%	–
CCI	Exit	CROWN CASTLE INTERNATIONAL CORP	$0	–	-1,685	–	-0.02%	–
IAU	Exit	ISHARES GOLD TRUSTetf	$0	–	-15,767	–	-0.02%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETFetf	$0	–	-11,329	–	-0.02%	–
AR	Exit	ANTERO RES CORP	$0	–	-112,830	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-50,337	–	-0.02%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-1,039	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE-CL B	$0	–	-1,880	–	-0.02%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESSetf	$0	–	-5,000	–	-0.02%	–
NRK	Exit	NUVEEN NY AMT-FREE MUNetf	$0	–	-26,500	–	-0.02%	–
BIV	Exit	VANGUARD INTERM-TERM BONDetf	$0	–	-3,855	–	-0.02%	–
NKE	Exit	NIKE INC. CL B	$0	–	-3,153	–	-0.03%	–
BND	Exit	VANGUARD TOTAL BOND MARKET ETFetf	$0	–	-4,800	–	-0.03%	–
XOM	Exit	EXXON MOBIL	$0	–	-12,241	–	-0.03%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS A	$0	–	-920	–	-0.03%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,534	–	-0.03%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-11,558	–	-0.03%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEetf	$0	–	-186,300	–	-0.03%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETFetf	$0	–	-4,021	–	-0.03%	–
NQP	Exit	NUVEEN PA INV QUALITY MUNIetf	$0	–	-34,516	–	-0.03%	–
STBA	Exit	S & T BANCORP INC	$0	–	-26,073	–	-0.03%	–
FISV	Exit	FISERV INC	$0	–	-4,545	–	-0.03%	–
T	Exit	AT&T CORP.	$0	–	-16,192	–	-0.03%	–
MTNB	Exit	MATINAS BIOPHARMA HOLDINGS INC	$0	–	-600,000	–	-0.03%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.03%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-2,200	–	-0.03%	–
VYM	Exit	VANGUARD HIGH DIV YLD	$0	–	-6,000	–	-0.03%	–
V	Exit	VISA INC CL A	$0	–	-2,449	–	-0.03%	–
TSC	Exit	TRISTATE CAP	$0	–	-38,783	–	-0.04%	–
IWB	Exit	ISHARES RUSSELL 1000 ETFetf	$0	–	-2,744	–	-0.04%	–
TWTR	Exit	TWITTER INC	$0	–	-12,100	–	-0.04%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-4,000	–	-0.04%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-10,178	–	-0.04%	–
HOFV	Exit	HALL OF FAME RESORT AND ENTERTAINMENT CO	$0	–	-258,960	–	-0.04%	–
PNC	Exit	PNC FINANCIAL	$0	–	-6,314	–	-0.05%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-8,677	–	-0.05%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-5,963	–	-0.05%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-7,987	–	-0.05%	–
FB	Exit	FACEBOOK	$0	–	-3,304	–	-0.06%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETFetf	$0	–	-12,546	–	-0.06%	–
HD	Exit	HOME DEPOT INC.	$0	–	-3,174	–	-0.06%	–
VEU	Exit	VANGUARD ALL-WORLD EX-USetf	$0	–	-17,810	–	-0.06%	–
VCIT	Exit	VANGUARD INTER-TERM CORP BONDetf	$0	–	-9,360	–	-0.06%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEetf	$0	–	-7,858	–	-0.06%	–
VV	Exit	VANGUARD LARGE CAP ETFetf	$0	–	-5,955	–	-0.06%	–
FMC	Exit	F M C CORP	$0	–	-9,002	–	-0.07%	–
DLN	Exit	WISDOMTREE LARGECAP DIVetf	$0	–	-9,843	–	-0.07%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,018	–	-0.07%	–
SPY	Exit	SPDR S&P 500 ETFetf	$0	–	-2,961	–	-0.07%	–
CAT	Exit	CATERPILLAR INC	$0	–	-6,800	–	-0.07%	–
PFF	Exit	iSHARES PREFERRED STOCKetf	$0	–	-31,100	–	-0.08%	–
AM	Exit	ANTERO MIDSTREAM CORP	$0	–	-225,000	–	-0.08%	–
PEP	Exit	PEPSICO INC	$0	–	-8,820	–	-0.08%	–
BIL	Exit	SPDR BLMBG BARCLAYS 1-3 MTH T-BILL ETFetf	$0	–	-13,500	–	-0.09%	–
VOE	Exit	VANGUARD MID-CAP VALUE ETFetf	$0	–	-12,339	–	-0.09%	–
MA	Exit	MASTERCARD INC	$0	–	-3,794	–	-0.09%	–
FIS	Exit	FIDELITY NATL INFO SVC	$0	–	-9,091	–	-0.09%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKETetf	$0	–	-17,789	–	-0.10%	–
GCP	Exit	GCP APPLIED TECHNOLOGIES INC	$0	–	-70,000	–	-0.10%	–
KKR	Exit	KKR & CO LP	$0	–	-45,200	–	-0.11%	–
LCI	Exit	LANNETT INC	$0	–	-268,326	–	-0.11%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEetf	$0	–	-32,600	–	-0.12%	–
TTEK	Exit	TETRA TECH INC	$0	–	-18,000	–	-0.12%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS ETFetf	$0	–	-42,250	–	-0.13%	–
SCHO	Exit	SCHWAB S/T U.S. TREASetf	$0	–	-37,020	–	-0.13%	–
SCHP	Exit	SCHWAB U.S. TIPS ETFetf	$0	–	-31,000	–	-0.13%	–
NUV	Exit	NUVEEN MUNI VALUEetf	$0	–	-184,600	–	-0.14%	–
VUG	Exit	VANGUARD GROWTHetf	$0	–	-8,934	–	-0.14%	–
IGSB	Exit	iSHARES SHORT-TERM CORPetf	$0	–	-38,616	–	-0.15%	–
SHY	Exit	iSHARES 1-3 YR TREASURYetf	$0	–	-27,375	–	-0.16%	–
XLK	Exit	SPDR-TECHNOLOGYetf	$0	–	-22,000	–	-0.18%	–
IEMG	Exit	iSHARES CORE MSCI EMERGING MARKETS ETFetf	$0	–	-51,900	–	-0.19%	–
AGG	Exit	iSHARES CORE US AGGREGATE BONDetf	$0	–	-24,000	–	-0.20%	–
BSV	Exit	VANGUARD S/T BONDetf	$0	–	-34,969	–	-0.20%	–
EFA	Exit	ISHARES MSCI EAFE ETFetf	$0	–	-46,631	–	-0.21%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDetf	$0	–	-98,265	–	-0.21%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,164	–	-0.22%	–
OPCH	Exit	OPTION CARE HEALTH ORD	$0	–	-259,239	–	-0.24%	–
NVDA	Exit	NVIDIA CORP	$0	–	-6,554	–	-0.25%	–
COMM	Exit	COMMSCOPE HOLDING CO. INC.	$0	–	-403,850	–	-0.25%	–
VB	Exit	VANGUARD SMALL-CAP ETFetf	$0	–	-24,601	–	-0.26%	–
ABT	Exit	ABBOTT LABS	$0	–	-34,824	–	-0.26%	–
LYFT	Exit	LYFT INC	$0	–	-147,973	–	-0.28%	–
SITC	Exit	SITE CENTERS CORP	$0	–	-609,021	–	-0.30%	–
BDX	Exit	BECTON DICKINSON	$0	–	-19,655	–	-0.32%	–
IYW	Exit	ISHARES U.S. TECH ETFetf	$0	–	-15,210	–	-0.32%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-214,109	–	-0.32%	–
VO	Exit	VANGUARD MID CAP ETFetf	$0	–	-29,239	–	-0.36%	–
TWI	Exit	TITAN INTL INC	$0	–	-1,915,021	–	-0.38%	–
TWLO	Exit	TWILIO INC CL A	$0	–	-22,500	–	-0.38%	–
MDY	Exit	SPDR S&P 400 MIDCAPetf	$0	–	-16,980	–	-0.40%	–
EFV	Exit	ISHARES MSCI EAFE VALUEetf	$0	–	-151,000	–	-0.42%	–
VTIP	Exit	VANGUARD S-T INFLATION PROT. TREASURYetf	$0	–	-126,030	–	-0.45%	–
QRTEA	Exit	QURATE RETAIL INC	$0	–	-900,000	–	-0.45%	–
DIS	Exit	WALT DISNEY CO.	$0	–	-53,354	–	-0.46%	–
FHI	Exit	FEDERATED HERMES INC	$0	–	-323,944	–	-0.48%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETFetf	$0	–	-56,173	–	-0.50%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALetf	$0	–	-145,296	–	-0.50%	–
DOW	Exit	DOW INC	$0	–	-158,140	–	-0.52%	–
TJX	Exit	TJX COS INC	$0	–	-135,590	–	-0.52%	–
VTV	Exit	VANGUARD VALUE INDEXetf	$0	–	-84,597	–	-0.61%	–
C	Exit	CITIGROUP	$0	–	-210,736	–	-0.63%	–
BB	Exit	BLACKBERRY	$0	–	-2,278,541	–	-0.72%	–
DISCK	Exit	DISCOVERY INC C	$0	–	-560,700	–	-0.76%	–
VEA	Exit	VANGUARD DEV. MARKETS ETFetf	$0	–	-288,730	–	-0.82%	–
SLB	Exit	SCHLUMBERGER	$0	–	-797,073	–	-0.86%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDetf	$0	–	-293,500	–	-1.02%	–
CTVA	Exit	CORTEVA INC	$0	–	-534,740	–	-1.07%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-215,307	–	-1.12%	–
EFG	Exit	ISHARES EAFE GROWTH ETFetf	$0	–	-182,350	–	-1.14%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,240,000	–	-1.16%	–
VCSH	Exit	VANGUARD S/T CORP BOND ETFetf	$0	–	-202,200	–	-1.16%	–
AMZN	Exit	AMAZON.COM	$0	–	-5,512	–	-1.20%	–
AAPL	Exit	APPLE INC	$0	–	-171,330	–	-1.38%	–
INTC	Exit	INTEL CORP	$0	–	-456,059	–	-1.64%	–
VZ	Exit	VERIZON COMM.	$0	–	-430,593	–	-1.78%	–
CVX	Exit	CHEVRON CORP	$0	–	-362,310	–	-1.81%	–
GDX	Exit	VANECK VECTORS GOLD MINERSetf	$0	–	-750,789	–	-2.04%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETFetf	$0	–	-680,888	–	-2.04%	–
BA	Exit	BOEING CO.	$0	–	-187,935	–	-2.15%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,098,200	–	-2.25%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYetf	$0	–	-331,168	–	-2.34%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-230,948	–	-2.38%	–
GLD	Exit	SPDR GOLD SHARESetf	$0	–	-194,600	–	-2.39%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-936,293	–	-2.56%	–
DD	Exit	DU PONT	$0	–	-678,690	–	-2.61%	–
GLW	Exit	CORNING, INC.	$0	–	-1,254,145	–	-2.82%	–
PFE	Exit	PFIZER INC	$0	–	-1,140,499	–	-2.90%	–
BRKB	Exit	BERKSHIRE HATHAWAY B	$0	–	-208,921	–	-3.08%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-491,437	–	-3.28%	–
GOOG	Exit	ALPHABET C	$0	–	-33,141	–	-3.38%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-863,251	–	-3.49%	–
FDX	Exit	FEDEX CORP	$0	–	-201,618	–	-3.51%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-759,396	–	-6.19%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-545,919	–	-7.96%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHetf	$0	–	-607,385	–	-9.13%	–

Q3 2020

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTHetf	$131,736,000	+8.1%	607,385	-4.4%	9.13%	+3.2%
MSFT	Sell	MICROSOFT CORP	$114,823,000	-7.5%	545,919	-10.5%	7.96%	-11.7%
QCOM	Sell	QUALCOMM INC.	$89,366,000	+15.5%	759,396	-10.4%	6.19%	+10.3%
FDX	Sell	FEDEX CORP	$50,711,000	+74.6%	201,618	-2.6%	3.51%	+66.8%
CVS	Buy	CVS HEALTH CORP	$50,414,000	-8.6%	863,251	+1.6%	3.49%	-12.8%
GOOG	Sell	ALPHABET C	$48,704,000	-3.2%	33,141	-6.9%	3.38%	-7.6%
JPM	Buy	J.P. MORGAN CHASE	$47,311,000	+3.7%	491,437	+1.4%	3.28%	-0.9%
BRKB	Sell	BERKSHIRE HATHAWAY B	$44,488,000	+14.4%	208,921	-4.1%	3.08%	+9.2%
PFE	Sell	PFIZER INC	$41,856,000	+10.7%	1,140,499	-1.4%	2.90%	+5.7%
GLW	Sell	CORNING, INC.	$40,647,000	+14.1%	1,254,145	-8.8%	2.82%	+8.9%
DD	Sell	DU PONT	$37,654,000	-0.2%	678,690	-4.4%	2.61%	-4.7%
CSCO	Sell	CISCO SYSTEMS	$36,881,000	-19.6%	936,293	-4.8%	2.56%	-23.3%
GLD	Sell	SPDR GOLD SHARESetf	$34,468,000	+5.4%	194,600	-0.4%	2.39%	+0.7%
JNJ	Sell	JOHNSON&JOHNSON	$34,384,000	+3.0%	230,948	-2.7%	2.38%	-1.7%
MINT	Buy	PIMCO ENHANCED SHORT MATURITYetf	$33,766,000	+53.9%	331,168	+53.5%	2.34%	+47.0%
GM	Sell	GENERAL MOTORS	$32,496,000	+8.5%	1,098,200	-7.3%	2.25%	+3.6%
BA	Sell	BOEING CO.	$31,058,000	-12.9%	187,935	-3.4%	2.15%	-16.8%
VWO	Buy	VANGUARD EMERG. MARKETS ETFetf	$29,442,000	+9.7%	680,888	+0.5%	2.04%	+4.7%
GDX	Sell	VANECK VECTORS GOLD MINERSetf	$29,401,000	-1.0%	750,789	-7.2%	2.04%	-5.4%
CVX	Buy	CHEVRON CORP	$26,086,000	-17.1%	362,310	+2.8%	1.81%	-20.8%
VZ	Buy	VERIZON COMM.	$25,616,000	+9.5%	430,593	+1.4%	1.78%	+4.5%
INTC	Sell	INTEL CORP	$23,615,000	-19.7%	456,059	-7.2%	1.64%	-23.3%
AAPL	Buy	APPLE INC	$19,842,000	+26.1%	171,330	+297.2%	1.38%	+20.4%
AMZN	Sell	AMAZON.COM	$17,356,000	+13.6%	5,512	-0.5%	1.20%	+8.5%
VCSH	Buy	VANGUARD S/T CORP BOND ETFetf	$16,752,000	+12.1%	202,200	+11.9%	1.16%	+7.1%
LQDT	Buy	LIQUIDITY SERVICES	$16,710,000	+29.5%	2,240,000	+3.5%	1.16%	+23.7%
EFG	Sell	ISHARES EAFE GROWTH ETFetf	$16,390,000	+0.8%	182,350	-6.8%	1.14%	-3.6%
PM	Sell	PHILIP MORRIS INTl.	$16,146,000	+2.6%	215,307	-4.2%	1.12%	-2.0%
CTVA	Sell	CORTEVA INC	$15,406,000	+2.0%	534,740	-5.1%	1.07%	-2.6%
NEAR	Sell	iSHARES SHORT MATURITY BONDetf	$14,707,000	-4.4%	293,500	-4.6%	1.02%	-8.8%
SLB	Sell	SCHLUMBERGER	$12,402,000	-18.0%	797,073	-3.1%	0.86%	-21.7%
VEA	Buy	VANGUARD DEV. MARKETS ETFetf	$11,809,000	+6.8%	288,730	+1.3%	0.82%	+2.0%
DISCK	Sell	DISCOVERY INC C	$10,990,000	+1.4%	560,700	-0.4%	0.76%	-3.2%
C	Buy	CITIGROUP	$9,085,000	-9.7%	210,736	+7.1%	0.63%	-13.8%
VTV	Buy	VANGUARD VALUE INDEXetf	$8,841,000	+7.0%	84,597	+2.0%	0.61%	+2.3%
TJX	New	TJX COS INC	$7,546,000	–	135,590	–	0.52%	–
DOW	Sell	DOW INC	$7,440,000	+10.6%	158,140	-4.2%	0.52%	+5.5%
SHM	Buy	SPDR SHORT TERM MUNICIPALetf	$7,246,000	+4.8%	145,296	+4.8%	0.50%	0.0%
VIG	Buy	VANGUARD DIV. APPRECIATION ETFetf	$7,227,000	+100.4%	56,173	+82.5%	0.50%	+91.2%
FHI	Buy	FEDERATED HERMES INC	$6,968,000	-3.6%	323,944	+6.2%	0.48%	-8.0%
DIS	Sell	WALT DISNEY CO.	$6,620,000	+10.9%	53,354	-0.4%	0.46%	+6.0%
EFV	Sell	ISHARES MSCI EAFE VALUEetf	$6,093,000	-4.4%	151,000	-5.3%	0.42%	-8.9%
MDY	Sell	SPDR S&P 400 MIDCAPetf	$5,753,000	+3.8%	16,980	-0.6%	0.40%	-0.7%
TWI	Sell	TITAN INTL INC	$5,534,000	+97.6%	1,915,021	-0.2%	0.38%	+88.7%
VO	Buy	VANGUARD MID CAP ETFetf	$5,154,000	+10.1%	29,239	+2.4%	0.36%	+5.0%
UBSI	Sell	UNITED BANKSHARES	$4,597,000	-27.5%	214,109	-6.5%	0.32%	-30.7%
BDX	Buy	BECTON DICKINSON	$4,573,000	+29.0%	19,655	+32.6%	0.32%	+23.3%
SITC	Buy	SITE CENTERS CORP	$4,385,000	-10.6%	609,021	+0.5%	0.30%	-14.6%
VB	Buy	VANGUARD SMALL-CAP ETFetf	$3,784,000	+10.4%	24,601	+4.6%	0.26%	+5.2%
COMM	Buy	COMMSCOPE HOLDING CO. INC.	$3,635,000	+23.3%	403,850	+14.1%	0.25%	+17.8%
NVDA	Buy	NVIDIA CORP	$3,547,000	+42.4%	6,554	+0.0%	0.25%	+35.9%
OPCH	New	OPTION CARE HEALTH ORD	$3,466,000	–	259,239	–	0.24%	–
GOOGL	New	ALPHABET A	$3,172,000	–	2,164	–	0.22%	–
SPSB	Buy	SPDR SHORT-TERM CORPORATE BONDetf	$3,083,000	+10.6%	98,265	+10.5%	0.21%	+5.9%
BSV	Sell	VANGUARD S/T BONDetf	$2,904,000	-6.4%	34,969	-6.3%	0.20%	-10.7%
SHY	Sell	iSHARES 1-3 YR TREASURYetf	$2,368,000	-19.3%	27,375	-19.2%	0.16%	-23.0%
VUG	Sell	VANGUARD GROWTHetf	$2,033,000	+10.3%	8,934	-2.0%	0.14%	+5.2%
NUV	Buy	NUVEEN MUNI VALUEetf	$1,968,000	+27.4%	184,600	+21.8%	0.14%	+21.4%
SCHO	Sell	SCHWAB S/T U.S. TREASetf	$1,907,000	-10.4%	37,020	-10.2%	0.13%	-14.3%
LCI	Buy	LANNETT INC	$1,639,000	-1.6%	268,326	+17.0%	0.11%	-5.8%
GCP	Buy	GCP APPLIED TECHNOLOGIES INC	$1,467,000	+115.1%	70,000	+90.6%	0.10%	+108.2%
SCHB	Sell	SCHWAB U.S. BROAD MARKETetf	$1,417,000	-3.9%	17,789	-11.4%	0.10%	-8.4%
BIL	Sell	SPDR BLMBG BARCLAYS 1-3 MTH T-BILL ETFetf	$1,236,000	-41.3%	13,500	-41.3%	0.09%	-43.8%
PFF	Buy	iSHARES PREFERRED STOCKetf	$1,134,000	+156.0%	31,100	+143.0%	0.08%	+146.9%
CAT	Sell	CATERPILLAR INC	$1,014,000	-8.9%	6,800	-22.7%	0.07%	-13.6%
SPY	Buy	SPDR S&P 500 ETFetf	$992,000	+8.7%	2,961	+0.0%	0.07%	+4.5%
DLN	Sell	WISDOMTREE LARGECAP DIVetf	$955,000	+4.0%	9,843	-0.4%	0.07%	-1.5%
VV	Sell	VANGUARD LARGE CAP ETFetf	$932,000	+8.0%	5,955	-1.3%	0.06%	+3.2%
IWD	Buy	iSHARES RUSSELL 1000 VALUEetf	$928,000	+4.9%	7,858	+0.0%	0.06%	0.0%
HD	Sell	HOME DEPOT INC.	$881,000	-88.5%	3,174	-89.6%	0.06%	-89.0%
CHKP	Sell	CHECK POINT SOFTWARE	$718,000	-7.9%	5,963	-17.9%	0.05%	-12.3%
PNC	Sell	PNC FINANCIAL	$694,000	-23.0%	6,314	-26.3%	0.05%	-26.2%
HOFV	New	HALL OF FAME RESORT AND ENTERTAINMENT CO	$645,000	–	258,960	–	0.04%	–
TSC	New	TRISTATE CAP	$513,000	–	38,783	–	0.04%	–
VYM	Sell	VANGUARD HIGH DIV YLD	$486,000	-11.8%	6,000	-14.3%	0.03%	-15.0%
STBA	New	S & T BANCORP INC	$461,000	–	26,073	–	0.03%	–
T	New	AT&T CORP.	$462,000	–	16,192	–	0.03%	–
VBR	Buy	VANGUARD SMALL CAP VALUE ETFetf	$445,000	+11.8%	4,021	+8.1%	0.03%	+6.9%
NML	Buy	NEUBERGER BRMN. MLP INCOMEetf	$443,000	-14.5%	186,300	+5.7%	0.03%	-18.4%
MO	Buy	ALTRIA GROUP INC.	$447,000	+13.2%	11,558	+14.9%	0.03%	+6.9%
XOM	Sell	EXXON MOBIL	$420,000	-25.8%	12,241	-3.2%	0.03%	-29.3%
BIV	Sell	VANGUARD INTERM-TERM BONDetf	$360,000	-16.1%	3,855	-16.3%	0.02%	-19.4%
NRK	New	NUVEEN NY AMT-FREE MUNetf	$341,000	–	26,500	–	0.02%	–
GE	Buy	GENERAL ELECTRIC	$314,000	-5.1%	50,337	+4.0%	0.02%	-8.3%
UNH	Buy	UNITEDHEALTH GROUP	$324,000	+14.1%	1,039	+7.8%	0.02%	+4.8%
STND	New	STANDARD AVB FINL	$274,000	–	8,392	–	0.02%	–
KLXE	Sell	KLX ENERGY SERVICES HOLDINGS	$281,000	-61.3%	67,640	-80.0%	0.02%	-64.2%
CCI	New	CROWN CASTLE INTERNATIONAL CORP	$281,000	–	1,685	–	0.02%	–
EMCF	New	EMCLAIRE FINANCIAL CORP	$258,000	–	10,260	–	0.02%	–
PFXF	Buy	VANECK VECTORS PFD. SEC. EX-FINANetf	$246,000	+17.7%	12,800	+11.3%	0.02%	+13.3%
ADP	New	AUTOMATIC DATA PROCESSING	$225,000	–	1,610	–	0.02%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$219,000	–	2,530	–	0.02%	–
TSCO	Sell	TRACTOR SUPPLY	$215,000	-18.6%	1,500	-25.0%	0.02%	-21.1%
BP	New	BP PLC - SPONS ADR	$201,000	–	11,492	–	0.01%	–
MKC	New	MCCORMICK & CO	$209,000	–	1,075	–	0.01%	–
EVV	Sell	EATON VANCE LIMITED DURATIONetf	$196,000	-47.7%	17,294	-48.0%	0.01%	-48.1%
MDYV	Buy	SPDR S&P 400 MID CAP VALUEetf	$207,000	+2.5%	4,766	+0.6%	0.01%	-6.7%
NAZ	New	NUVEEN AZ QUALITY MUNIetf	$147,000	–	10,000	–	0.01%	–
	New	NEWRON PHARMACEUTICALS SPA	$21,000	–	10,000	–	0.00%	–
HCRSQ	Exit	HI-CRUSH INC	$0	–	-10,000	–	0.00%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETF	$0	–	-4,400	–	-0.02%	–
	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,610	–	-0.02%	–
	Exit	BP PLC - SPONS ADR	$0	–	-10,490	–	-0.02%	–
CCI	Exit	CROWN CASTLE INTL. CORP.	$0	–	-1,685	–	-0.02%	–
	Exit	BLACKSTONE GROUP	$0	–	-4,868	–	-0.02%	–
	Exit	TRISTATE CAP	$0	–	-39,950	–	-0.05%	–
	Exit	AT&T CORP.	$0	–	-24,042	–	-0.05%	–
GPAQ	Exit	GORDON POINTE ACQUISITION CORP	$0	–	-100,000	–	-0.09%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,376	–	-0.24%	–

Q2 2020

			Value		Shares		↓ Weighting
MSFT	New	MICROSOFT CORP	$124,114,000	–	609,871	–	9.01%	–
IWF	New	iSHARES RUSSELL 1000 GROWTH	$121,914,000	–	635,134	–	8.85%	–
QCOM	New	QUALCOMM INC.	$77,342,000	–	847,953	–	5.61%	–
CVS	New	CVS HEALTH CORP	$55,179,000	–	849,300	–	4.00%	–
GOOG	New	ALPHABET C	$50,320,000	–	35,597	–	3.65%	–
CSCO	New	CISCO SYSTEMS	$45,890,000	–	983,927	–	3.33%	–
JPM	New	J.P. MORGAN CHASE	$45,602,000	–	484,822	–	3.31%	–
BRKB	New	BERKSHIRE HATH B	$38,892,000	–	217,871	–	2.82%	–
PFE	New	PFIZER INC	$37,811,000	–	1,156,301	–	2.74%	–
DD	New	DU PONT	$37,711,000	–	709,786	–	2.74%	–
BA	New	BOEING CO.	$35,659,000	–	194,537	–	2.59%	–
GLW	New	CORNING, INC.	$35,626,000	–	1,375,535	–	2.58%	–
JNJ	New	JOHNSON&JOHNSON	$33,383,000	–	237,380	–	2.42%	–
GLD	New	SPDR GOLD SHARES	$32,693,000	–	195,335	–	2.37%	–
CVX	New	CHEVRON CORP	$31,459,000	–	352,559	–	2.28%	–
GM	New	GENERAL MOTORS	$29,959,000	–	1,184,182	–	2.17%	–
GDX	New	VANECK VECTORS GOLD MINERS	$29,685,000	–	809,290	–	2.15%	–
INTC	New	INTEL CORP	$29,404,000	–	491,459	–	2.13%	–
FDX	New	FEDEX CORP	$29,039,000	–	207,095	–	2.11%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$26,843,000	–	677,679	–	1.95%	–
VZ	New	VERIZON COMM.	$23,399,000	–	424,445	–	1.70%	–
MINT	New	PIMCO ENHANCED SHORT MATURITY	$21,939,000	–	215,742	–	1.59%	–
EFG	New	ISHARES EAFE GROWTH	$16,254,000	–	195,570	–	1.18%	–
PM	New	PHILIP MORRIS INTl.	$15,740,000	–	224,658	–	1.14%	–
AAPL	New	APPLE INC	$15,735,000	–	43,132	–	1.14%	–
NEAR	New	iSHARES SHORT MATURITY BOND	$15,388,000	–	307,700	–	1.12%	–
AMZN	New	AMAZON.COM	$15,278,000	–	5,538	–	1.11%	–
SLB	New	SCHLUMBERGER	$15,121,000	–	822,262	–	1.10%	–
CTVA	New	CORTEVA INC.	$15,098,000	–	563,565	–	1.10%	–
VCSH	New	VANGUARD S/T CORP BOND ETF	$14,941,000	–	180,750	–	1.08%	–
LQDT	New	LIQUIDITY SERVICES	$12,903,000	–	2,165,000	–	0.94%	–
BB	New	BLACKBERRY	$11,142,000	–	2,278,541	–	0.81%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$11,052,000	–	284,910	–	0.80%	–
DISCK	New	DISCOVERY INC C	$10,838,000	–	562,700	–	0.79%	–
C	New	CITIGROUP	$10,058,000	–	196,838	–	0.73%	–
QRTEA	New	QURATE RETAIL INC. QVC GROUP	$8,550,000	–	900,000	–	0.62%	–
VTV	New	VANGUARD VALUE INDEX	$8,261,000	–	82,952	–	0.60%	–
HD	New	HOME DEPOT INC.	$7,671,000	–	30,620	–	0.56%	–
FHI	New	FEDERATED HERMES INC CL B	$7,228,000	–	304,963	–	0.52%	–
SHM	New	SPDR SHORT TERM MUNICIPAL	$6,911,000	–	138,581	–	0.50%	–
DOW	New	DOW CHEMICAL	$6,726,000	–	165,015	–	0.49%	–
EFV	New	ISHARES EAFE VALUE	$6,375,000	–	159,500	–	0.46%	–
UBSI	New	UNITED BANKSHARES	$6,337,000	–	229,109	–	0.46%	–
VTIP	New	VANGUARD S-T TIPS	$6,323,000	–	126,030	–	0.46%	–
DIS	New	WALT DISNEY CO.	$5,972,000	–	53,554	–	0.43%	–
MDY	New	SPDR S&P 400 MIDCAP	$5,542,000	–	17,080	–	0.40%	–
TWLO	New	TWILIO INC CL A	$4,937,000	–	22,500	–	0.36%	–
SITC	New	SITE CENTERS CORP	$4,907,000	–	605,741	–	0.36%	–
LYFT	New	LYFT INC CL A COM	$4,885,000	–	147,973	–	0.35%	–
VO	New	VANGUARD MID CAP	$4,680,000	–	28,554	–	0.34%	–
IYW	New	ISHARES U.S. TECH ETF	$4,104,000	–	15,210	–	0.30%	–
VIG	New	VANGUARD DIV. APPRECIATION ETF	$3,607,000	–	30,783	–	0.26%	–
BDX	New	BECTON DICKINSON	$3,546,000	–	14,821	–	0.26%	–
VB	New	VANGUARD SMALL-CAP ETF	$3,428,000	–	23,525	–	0.25%	–
GOOGL	New	ALPHABET A	$3,369,000	–	2,376	–	0.24%	–
ABT	New	ABBOTT LABS	$3,184,000	–	34,824	–	0.23%	–
BSV	New	VANGUARD S/T BOND	$3,102,000	–	37,319	–	0.22%	–
COMM	New	COMMSCOPE	$2,948,000	–	353,850	–	0.21%	–
SHY	New	iSHARES 1-3 YR TREASURY	$2,934,000	–	33,875	–	0.21%	–
AGG	New	iSHARES CORE US AGGREGATE BOND	$2,837,000	–	24,000	–	0.21%	–
EFA	New	ISHARES MSCI EAFE ETF	$2,838,000	–	46,631	–	0.21%	–
TWI	New	TITAN INTL INC	$2,801,000	–	1,918,221	–	0.20%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BOND	$2,788,000	–	88,965	–	0.20%	–
NVDA	New	NVIDIA CORP	$2,490,000	–	6,553	–	0.18%	–
IEMG	New	ISHARES CORE MSCI EMERG MKTS	$2,470,000	–	51,900	–	0.18%	–
XLK	New	SPDR-TECHNOLOGY	$2,299,000	–	22,000	–	0.17%	–
SCHO	New	SCHWAB S/T U.S. TREAS	$2,128,000	–	41,220	–	0.15%	–
BIL	New	SPDR SERIES TRUST SPDR BLOOMBE	$2,105,000	–	23,000	–	0.15%	–
IGSB	New	iSHARES SHORT TERM CORP BOND	$2,113,000	–	38,616	–	0.15%	–
SCHP	New	SCHWAB U.S. TIPS ETF	$1,861,000	–	31,000	–	0.14%	–
VUG	New	VANGUARD GROWTH	$1,843,000	–	9,119	–	0.13%	–
EEM	New	ISHARES MSCI EMERGING MKTS ETF	$1,690,000	–	42,250	–	0.12%	–
LCI	New	LANNETT INC	$1,665,000	–	229,340	–	0.12%	–
FLOT	New	ISHARES FLOATING RATE NOTE	$1,649,000	–	32,600	–	0.12%	–
NUV	New	NUVEEN MUNI VALUE	$1,545,000	–	151,500	–	0.11%	–
SCHB	New	SCHWAB U.S. BROAD MARKET	$1,475,000	–	20,079	–	0.11%	–
TTEK	New	TETRA TECH INC	$1,424,000	–	18,000	–	0.10%	–
KKR	New	KKR & CO	$1,396,000	–	45,200	–	0.10%	–
GPAQ	New	GORDON POINTE ACQUISITION CORP	$1,285,000	–	100,000	–	0.09%	–
FIS	New	FIDELITY NATL INFO SVC	$1,219,000	–	9,091	–	0.09%	–
VOE	New	VANGUARD MID-CAP VALUE ETF	$1,181,000	–	12,339	–	0.09%	–
PEP	New	PEPSICO INC	$1,167,000	–	8,820	–	0.08%	–
AM	New	ANTERO MIDSTREAM CORP	$1,147,000	–	225,000	–	0.08%	–
CAT	New	CATERPILLAR INC	$1,113,000	–	8,800	–	0.08%	–
MA	New	MASTERCARD INC	$1,122,000	–	3,794	–	0.08%	–
DLN	New	WISDOMTREE LARGECAP DIV	$918,000	–	9,883	–	0.07%	–
SPY	New	SPDR S&P 500 ETF	$913,000	–	2,960	–	0.07%	–
VCIT	New	VANGUARD INTER-TERM CORP BOND	$891,000	–	9,360	–	0.06%	–
FMC	New	F M C CORP	$897,000	–	9,002	–	0.06%	–
PNC	New	PNC FINANCIAL	$901,000	–	8,568	–	0.06%	–
IWD	New	iSHARES RUSSELL 1000 VALUE	$885,000	–	7,857	–	0.06%	–
VV	New	VANGUARD LARGE CAP ETF	$863,000	–	6,035	–	0.06%	–
IJR	New	ISHARES S&P SMALL-CAP ETF	$857,000	–	12,546	–	0.06%	–
VEU	New	VANGUARD FTSE ALL-WORLD EX-US	$848,000	–	17,810	–	0.06%	–
PG	New	PROCTER & GAMBLE	$839,000	–	7,018	–	0.06%	–
ABC	New	AMERISOURCEBERGEN	$805,000	–	7,987	–	0.06%	–
CHKP	New	CHECK POINT SOFTWARE	$780,000	–	7,263	–	0.06%	–
FB	New	FACEBOOK	$750,000	–	3,304	–	0.05%	–
	New	AT&T CORP.	$727,000	–	24,042	–	0.05%	–
KLXE	New	KLX ENERGY SERVICES HOLDINGS	$727,000	–	338,200	–	0.05%	–
GCP	New	GCP APPLIED TECHNOLOGI COM	$682,000	–	36,722	–	0.05%	–
MRK	New	MERCK & CO. INC.	$671,000	–	8,677	–	0.05%	–
	New	TRISTATE CAP	$628,000	–	39,950	–	0.05%	–
HSIC	New	HENRY SCHEIN	$594,000	–	10,178	–	0.04%	–
XOM	New	EXXON MOBIL	$566,000	–	12,651	–	0.04%	–
VYM	New	VANGUARD HIGH DIVIDEND	$551,000	–	7,000	–	0.04%	–
NML	New	NEUBERGER BRMN. MLP INCOME	$518,000	–	176,300	–	0.04%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$511,000	–	4,000	–	0.04%	–
NQP	New	NUVEEN PA INV QUALITY MUNI	$468,000	–	34,516	–	0.03%	–
V	New	VISA INC CL A	$473,000	–	2,449	–	0.03%	–
IWB	New	ISHARES RUSSELL 1000 ETF	$471,000	–	2,744	–	0.03%	–
MTNB	New	MATINAS BIOPHARMA HLDG	$464,000	–	600,000	–	0.03%	–
FISV	New	FISERV INC	$444,000	–	4,545	–	0.03%	–
PFF	New	iSHARES PREFERRED STOCK	$443,000	–	12,800	–	0.03%	–
SNPS	New	SYNOPSYS INC	$429,000	–	2,200	–	0.03%	–
BIV	New	VANGUARD INTERM-TERM BOND	$429,000	–	4,605	–	0.03%	–
BND	New	VANGUARD TOTAL BOND MARKET	$424,000	–	4,800	–	0.03%	–
MO	New	ALTRIA GROUP INC.	$395,000	–	10,058	–	0.03%	–
VBR	New	VANGUARD SMALL CAP VALUE ETF	$398,000	–	3,721	–	0.03%	–
MDLZ	New	MONDELEZ INTL	$385,000	–	7,534	–	0.03%	–
LOW	New	LOWE'S COMPANIES	$392,000	–	2,900	–	0.03%	–
EVV	New	EATON VANCE LIMITED DURATION	$375,000	–	33,255	–	0.03%	–
TWTR	New	TWITTER INC	$360,000	–	12,100	–	0.03%	–
GE	New	GENERAL ELECTRIC	$331,000	–	48,423	–	0.02%	–
DBX	New	DROPBOX INC CL A	$304,000	–	13,960	–	0.02%	–
NKE	New	NIKE INC. CL B	$309,000	–	3,153	–	0.02%	–
MOO	New	VANECK VECTORS AGRIBUSINESS	$301,000	–	5,000	–	0.02%	–
AR	New	ANTERO RES CORP	$287,000	–	112,830	–	0.02%	–
UNH	New	UNITEDHEALTH GROUP	$284,000	–	964	–	0.02%	–
BOX	New	BOX INC CL A	$291,000	–	14,000	–	0.02%	–
CCI	New	CROWN CASTLE INTL. CORP.	$282,000	–	1,685	–	0.02%	–
SCHE	New	SCHWAB EMERGING MARKET ETF	$276,000	–	11,329	–	0.02%	–
	New	BLACKSTONE GROUP	$276,000	–	4,868	–	0.02%	–
ABBV	New	ABBVIE INC.	$271,000	–	2,762	–	0.02%	–
IAU	New	ISHARES GOLD TRUST	$268,000	–	15,767	–	0.02%	–
TSCO	New	TRACTOR SUPPLY	$264,000	–	2,000	–	0.02%	–
	New	BP PLC - SPONS ADR	$245,000	–	10,490	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$240,000	–	1,610	–	0.02%	–
VBK	New	VANGUARD SMALL CAP GROWTH	$238,000	–	1,193	–	0.02%	–
ZM	New	ZOOM VIDEO COMMUNICATI CL A	$233,000	–	920	–	0.02%	–
BPMC	New	BLUEPRINT MEDICINES CORP.	$234,000	–	3,000	–	0.02%	–
LIN	New	LINDE PLC	$214,000	–	1,010	–	0.02%	–
CFG	New	CITIZENS FINL	$227,000	–	9,000	–	0.02%	–
WMT	New	WAL-MART STORES	$220,000	–	1,833	–	0.02%	–
SCHG	New	SCHWAB US LARGE CAP GROWTH	$218,000	–	2,150	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETF	$227,000	–	4,400	–	0.02%	–
SCHF	New	SCHWAB INTL EQUITY ETF	$204,000	–	6,854	–	0.02%	–
MDYV	New	SPDR S&P 400 MID CAP VALUE	$202,000	–	4,736	–	0.02%	–
HON	New	HONEYWELL INTL	$202,000	–	1,397	–	0.02%	–
PFXF	New	VANECK VECTORS PFD. SEC. EX-FI	$209,000	–	11,500	–	0.02%	–
UPS	New	UNITED PARCEL SERVICE-CL B	$209,000	–	1,880	–	0.02%	–
PMO	New	PUTNAM MUNI OPPORT TRUST	$192,000	–	15,000	–	0.01%	–
CGC	New	CANOPY GROWTH	$194,000	–	12,000	–	0.01%	–
CWGL	New	CRIMSON WINE GROUP LTD	$160,000	–	29,546	–	0.01%	–
GNPX	New	GENPREX INC COM	$157,000	–	50,000	–	0.01%	–
THTX	New	THERATECHNOLOGIES INC COM	$30,000	–	15,000	–	0.00%	–
HCRSQ	New	HI-CRUSH INC	$2,000	–	10,000	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
HCRSQ	Exit	HI-CRUSH INC	$0	–	-10,000	–	-0.00%	–
	Exit	METRO BANK PLC	$0	–	-10,000	–	-0.00%	–
THTX	Exit	THERATECHNOLOGIES	$0	–	-15,000	–	-0.01%	–
OIH	Exit	VANECK VECTORS OIL SERVICE ETF	$0	–	-11,300	–	-0.01%	–
TEI	Exit	TEMPLETON EMERG. INCOME	$0	–	-14,600	–	-0.01%	–
ET	Exit	ENERGY TRANSFER	$0	–	-11,148	–	-0.01%	–
CNO	Exit	CNO FINANCIAL	$0	–	-10,700	–	-0.01%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPP	$0	–	-19,500	–	-0.02%	–
SCHG	Exit	SCHWAB US LARGE CAP GROWTH	$0	–	-2,552	–	-0.02%	–
BAC	Exit	BANK OF AMERICA	$0	–	-7,481	–	-0.02%	–
EDIV	Exit	SPDR EMERGING MARKETS DIVIDEND	$0	–	-6,950	–	-0.02%	–
BPMC	Exit	BLUEPRINT MEDICINES CORP.	$0	–	-3,000	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETF	$0	–	-4,400	–	-0.02%	–
EMR	Exit	EMERSON ELECTRIC	$0	–	-3,383	–	-0.02%	–
UPS	Exit	UNITED PARCEL SERVICE-CL B	$0	–	-1,880	–	-0.02%	–
PFF	Exit	iSHARES PREFERRED STOCK	$0	–	-6,000	–	-0.02%	–
SCHF	Exit	SCHWAB INTL EQUITY ETF	$0	–	-7,113	–	-0.02%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-29,546	–	-0.02%	–
ISBC	Exit	INVESTORS BANC.	$0	–	-20,000	–	-0.02%	–
AGN	Exit	ALLERGAN INC	$0	–	-1,400	–	-0.02%	–
ACB	Exit	AURORA CANNABIS	$0	–	-55,670	–	-0.02%	–
IWM	Exit	ISHARES RUSSELL 2000 INDEX	$0	–	-1,710	–	-0.02%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUE	$0	–	-4,870	–	-0.02%	–
STND	Exit	STANDARD AVB FINL	$0	–	-9,152	–	-0.02%	–
MTNB	Exit	MATINAS BIOPHARMA HLDG	$0	–	-400,000	–	-0.02%	–
CGC	Exit	CANOPY GROWTH	$0	–	-11,645	–	-0.02%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-2,940	–	-0.02%	–
	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,610	–	-0.02%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,849	–	-0.02%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETF	$0	–	-11,329	–	-0.02%	–
DBX	Exit	DROPBOX INC CL A	$0	–	-13,960	–	-0.02%	–
NKE	Exit	NIKE INC. CL B	$0	–	-3,096	–	-0.02%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-2,200	–	-0.02%	–
SPG	Exit	SIMON PROPERTY GROUP INC	$0	–	-2,000	–	-0.02%	–
FHI	Exit	FEDERATED INVS.	$0	–	-9,377	–	-0.02%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-2,117	–	-0.02%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-6,064	–	-0.02%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETF	$0	–	-2,462	–	-0.02%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.02%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUST	$0	–	-25,000	–	-0.02%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESS	$0	–	-5,200	–	-0.03%	–
AR	Exit	ANTERO RES CORP	$0	–	-112,830	–	-0.03%	–
BIV	Exit	VANGUARD INTERM-TERM BOND	$0	–	-4,135	–	-0.03%	–
V	Exit	VISA INC CL A	$0	–	-2,093	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
FLEX	Exit	FLEX LTD ORD	$0	–	-35,489	–	-0.03%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-2,768	–	-0.03%	–
CUT	Exit	INVESCO MSCI GLOBAL TIMBER ETF	$0	–	-15,000	–	-0.03%	–
CMI	Exit	CUMMINS INC	$0	–	-2,430	–	-0.03%	–
EVV	Exit	EATON VANCE LIMITED DURATION	$0	–	-33,148	–	-0.03%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-45,811	–	-0.03%	–
NML	Exit	NEUBERGER BRMN. MLP INCOME	$0	–	-60,300	–	-0.03%	–
INDA	Exit	ISHARES MSCI INDIA ETF	$0	–	-13,000	–	-0.03%	–
IAU	Exit	ISHARES GOLD TRUST	$0	–	-31,969	–	-0.03%	–
EME	Exit	EMCOR GROUP INC	$0	–	-5,190	–	-0.03%	–
IWB	Exit	ISHARES RUSSELL 1000 ETF	$0	–	-2,744	–	-0.03%	–
FISV	Exit	FISERV INC	$0	–	-4,545	–	-0.04%	–
FB	Exit	FACEBOOK	$0	–	-2,640	–	-0.04%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-8,709	–	-0.04%	–
ATI	Exit	ALLEGHENY TECH.	$0	–	-23,480	–	-0.04%	–
NQP	Exit	NUVEEN PA INV QUALITY MUNI	$0	–	-34,516	–	-0.04%	–
TWTR	Exit	TWITTER INC	$0	–	-12,100	–	-0.04%	–
FXI	Exit	iSHARES CHINA LARGE-CAP ETF	$0	–	-12,826	–	-0.04%	–
WDC	Exit	WESTERN DIGITAL	$0	–	-8,778	–	-0.04%	–
VNM	Exit	MARKET VECTORS VIETNAM ETF	$0	–	-34,250	–	-0.04%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-10,178	–	-0.05%	–
MJ	Exit	ETFMG ALTERNATIVE HARVEST	$0	–	-30,787	–	-0.05%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-15,792	–	-0.05%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-7,710	–	-0.05%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-9,087	–	-0.06%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-955,600	–	-0.06%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-7,463	–	-0.06%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-10,598	–	-0.06%	–
	Exit	TRISTATE CAP	$0	–	-40,950	–	-0.06%	–
VV	Exit	VANGUARD LARGE CAP ETF	$0	–	-6,460	–	-0.07%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-7,159	–	-0.07%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-3,053	–	-0.07%	–
HD	Exit	HOME DEPOT INC.	$0	–	-4,207	–	-0.07%	–
MA	Exit	MASTERCARD INC	$0	–	-3,600	–	-0.07%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUE	$0	–	-7,857	–	-0.08%	–
FMC	Exit	F M C CORP	$0	–	-11,691	–	-0.08%	–
	Exit	AT&T CORP.	$0	–	-28,840	–	-0.08%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETF	$0	–	-9,100	–	-0.08%	–
XOM	Exit	EXXON MOBIL	$0	–	-15,963	–	-0.08%	–
NVDA	Exit	NVIDIA CORP	$0	–	-6,553	–	-0.09%	–
KKR	Exit	KKR & CO	$0	–	-45,200	–	-0.09%	–
FIS	Exit	FIDELITY NATL INFO SVC	$0	–	-9,091	–	-0.09%	–
PNC	Exit	PNC FINANCIAL	$0	–	-8,748	–	-0.09%	–
VEU	Exit	VANGUARD FTSE ALL-WORLD EX-US	$0	–	-25,240	–	-0.09%	–
VOE	Exit	VANGUARD MID-CAP VALUE ETF	$0	–	-11,205	–	-0.10%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETF	$0	–	-16,685	–	-0.10%	–
CAT	Exit	CATERPILLAR INC	$0	–	-10,800	–	-0.10%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETF	$0	–	-7,281	–	-0.11%	–
VUG	Exit	VANGUARD GROWTH	$0	–	-8,975	–	-0.11%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKET	$0	–	-21,260	–	-0.11%	–
DLN	Exit	WISDOMTREE LARGECAP DIV	$0	–	-15,843	–	-0.12%	–
AM	Exit	ANTERO MIDSTREAM CORP	$0	–	-225,000	–	-0.12%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS ETF	$0	–	-42,106	–	-0.13%	–
PEP	Exit	PEPSICO INC	$0	–	-12,522	–	-0.13%	–
NUV	Exit	NUVEEN MUNI VALUE	$0	–	-164,780	–	-0.13%	–
XLK	Exit	SPDR-TECHNOLOGY	$0	–	-22,000	–	-0.13%	–
VO	Exit	VANGUARD MID CAP	$0	–	-10,988	–	-0.14%	–
FLOT	Exit	ISHARES FLOATING RATE NOTE	$0	–	-36,100	–	-0.14%	–
TTEK	Exit	TETRA TECH INC	$0	–	-21,941	–	-0.14%	–
VB	Exit	VANGUARD SMALL-CAP ETF	$0	–	-12,420	–	-0.14%	–
SCHO	Exit	SCHWAB S/T U.S. TREAS	$0	–	-39,695	–	-0.15%	–
IGSB	Exit	iSHARES SHORT TERM CORP BOND	$0	–	-38,782	–	-0.16%	–
KLXE	Exit	KLX ENERGY SERVICES HOLDINGS	$0	–	-263,200	–	-0.17%	–
IYW	Exit	ISHARES U.S. TECH ETF	$0	–	-11,385	–	-0.17%	–
COMM	Exit	COMMSCOPE	$0	–	-196,680	–	-0.17%	–
VCSH	Exit	VANGUARD S/T CORP BOND ETF	$0	–	-28,750	–	-0.18%	–
TWLO	Exit	TWILIO INC CL A	$0	–	-22,500	–	-0.19%	–
IEMG	Exit	ISHARES CORE MSCI EMERG MKTS	$0	–	-52,264	–	-0.19%	–
LCI	Exit	LANNETT INC	$0	–	-229,340	–	-0.19%	–
DIS	Exit	WALT DISNEY CO.	$0	–	-20,190	–	-0.20%	–
AGG	Exit	iSHARES CORE US AGGREGATE BOND	$0	–	-24,000	–	-0.20%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,320	–	-0.21%	–
SHY	Exit	iSHARES 1-3 YR TREASURY	$0	–	-33,875	–	-0.22%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BOND	$0	–	-94,015	–	-0.22%	–
BSV	Exit	VANGUARD S/T BOND	$0	–	-38,824	–	-0.24%	–
VTIP	Exit	VANGUARD S-T TIPS	$0	–	-64,030	–	-0.24%	–
EFA	Exit	ISHARES MSCI EAFE ETF	$0	–	-49,290	–	-0.24%	–
EFV	Exit	ISHARES EAFE VALUE	$0	–	-77,350	–	-0.28%	–
BDX	Exit	BECTON DICKINSON	$0	–	-15,185	–	-0.29%	–
DAL	Exit	DELTA AIR LINES	$0	–	-71,706	–	-0.31%	–
VTV	Exit	VANGUARD VALUE INDEX	$0	–	-41,897	–	-0.35%	–
TWI	Exit	TITAN INTL INC	$0	–	-1,998,007	–	-0.40%	–
LYFT	Exit	LYFT INC CL A COM	$0	–	-147,973	–	-0.45%	–
MDY	Exit	SPDR S&P 400 MIDCAP	$0	–	-18,095	–	-0.48%	–
SHM	Exit	SPDR SHORT TERM MUNICIPAL	$0	–	-132,830	–	-0.49%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-175,069	–	-0.50%	–
C	Exit	CITIGROUP	$0	–	-111,637	–	-0.58%	–
QRTEA	Exit	QURATE RETAIL INC. QVC GROUP	$0	–	-860,000	–	-0.66%	–
AMZN	Exit	AMAZON.COM	$0	–	-5,409	–	-0.70%	–
AAPL	Exit	APPLE INC	$0	–	-41,929	–	-0.70%	–
VEA	Exit	VANGUARD DEV. MARKETS ETF	$0	–	-252,156	–	-0.78%	–
SITC	Exit	SITE CENTERS CORP	$0	–	-710,189	–	-0.80%	–
DOW	Exit	DOW CHEMICAL	$0	–	-259,957	–	-0.93%	–
BB	Exit	BLACKBERRY	$0	–	-2,421,541	–	-0.95%	–
FDX	Exit	FEDEX CORP	$0	–	-87,698	–	-0.96%	–
NUAN	Exit	NUANCE COMM.	$0	–	-806,300	–	-0.99%	–
CTVA	Exit	CORTEVA INC.	$0	–	-497,357	–	-1.04%	–
NEAR	Exit	iSHARES SHORT MATURITY BOND	$0	–	-291,000	–	-1.10%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,165,000	–	-1.20%	–
EFG	Exit	ISHARES EAFE GROWTH	$0	–	-212,235	–	-1.28%	–
KSU	Exit	KANSAS CITY SOUTHERN	$0	–	-134,735	–	-1.34%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITY	$0	–	-176,416	–	-1.35%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-240,168	–	-1.37%	–
DISCK	Exit	DISCOVERY INC C	$0	–	-755,795	–	-1.40%	–
GDX	Exit	VANECK VECTORS GOLD MINERS	$0	–	-842,402	–	-1.69%	–
VZ	Exit	VERIZON COMM.	$0	–	-391,109	–	-1.77%	–
JWN	Exit	NORDSTROM	$0	–	-707,110	–	-1.79%	–
INTC	Exit	INTEL CORP	$0	–	-495,531	–	-1.92%	–
GLD	Exit	SPDR GOLD SHARES	$0	–	-191,950	–	-2.00%	–
DD	Exit	DU PONT	$0	–	-395,147	–	-2.11%	–
SLB	Exit	SCHLUMBERGER	$0	–	-861,922	–	-2.21%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-230,598	–	-2.24%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETF	$0	–	-753,212	–	-2.28%	–
CVX	Exit	CHEVRON CORP	$0	–	-290,419	–	-2.58%	–
MMM	Exit	3M COMPANY	$0	–	-211,797	–	-2.61%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-188,696	–	-2.94%	–
GOOG	Exit	ALPHABET C	$0	–	-33,751	–	-3.09%	–
GLW	Exit	CORNING, INC.	$0	–	-1,480,262	–	-3.17%	–
PFE	Exit	PFIZER INC	$0	–	-1,188,729	–	-3.20%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,178,261	–	-3.31%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-957,864	–	-3.55%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-845,691	–	-4.00%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-460,695	–	-4.07%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-858,631	–	-4.91%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-632,129	–	-6.59%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTH	$0	–	-649,521	–	-7.78%	–

Q3 2019

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTH	$103,683,000	-0.5%	649,521	-1.9%	7.78%	+0.2%
MSFT	Sell	MICROSOFT CORP	$87,885,000	-0.2%	632,129	-3.8%	6.59%	+0.5%
QCOM	Sell	QUALCOMM INC.	$65,496,000	-4.1%	858,631	-4.3%	4.91%	-3.4%
JPM	Sell	J.P. MORGAN CHASE	$54,219,000	+3.8%	460,695	-1.4%	4.07%	+4.5%
CVS	Buy	CVS HEALTH CORP	$53,338,000	+17.8%	845,691	+1.8%	4.00%	+18.5%
CSCO	Sell	CISCO SYSTEMS	$47,328,000	-13.2%	957,864	-3.9%	3.55%	-12.6%
GM	Sell	GENERAL MOTORS	$44,161,000	-4.6%	1,178,261	-1.9%	3.31%	-3.9%
PFE	Buy	PFIZER INC	$42,711,000	-9.8%	1,188,729	+8.7%	3.20%	-9.3%
GLW	Buy	CORNING, INC.	$42,217,000	-12.3%	1,480,262	+2.2%	3.17%	-11.8%
GOOG	Sell	ALPHABET C	$41,142,000	+10.8%	33,751	-1.8%	3.09%	+11.5%
BRKB	Buy	BERKSHIRE HATH B	$39,253,000	-2.4%	188,696	+0.0%	2.94%	-1.7%
MMM	Sell	3M COMPANY	$34,819,000	-6.5%	211,797	-1.4%	2.61%	-5.9%
CVX	Sell	CHEVRON CORP	$34,444,000	-7.6%	290,419	-3.0%	2.58%	-6.9%
VWO	Buy	VANGUARD EMERG. MARKETS ETF	$30,324,000	+23.2%	753,212	+30.2%	2.28%	+24.0%
JNJ	Buy	JOHNSON&JOHNSON	$29,835,000	-5.8%	230,598	+1.5%	2.24%	-5.2%
SLB	Buy	SCHLUMBERGER	$29,452,000	-9.3%	861,922	+5.5%	2.21%	-8.7%
DD	Buy	DU PONT	$28,178,000	-0.6%	395,147	+4.6%	2.11%	0.0%
GLD	Sell	SPDR GOLD SHARES	$26,656,000	+1.2%	191,950	-2.9%	2.00%	+1.9%
INTC	Sell	INTEL CORP	$25,535,000	+2.1%	495,531	-5.1%	1.92%	+2.7%
JWN	New	NORDSTROM	$23,808,000	–	707,110	–	1.79%	–
VZ	Sell	VERIZON COMM.	$23,607,000	+0.8%	391,109	-4.6%	1.77%	+1.5%
GDX	Sell	VANECK VECTORS GOLD MINERS	$22,501,000	+1.3%	842,402	-3.1%	1.69%	+1.9%
DISCK	Buy	DISCOVERY INC C	$18,608,000	-13.1%	755,795	+0.4%	1.40%	-12.5%
PM	Sell	PHILIP MORRIS INTl.	$18,236,000	-5.3%	240,168	-2.0%	1.37%	-4.7%
MINT	Buy	PIMCO ENHANCED SHORT MATURITY	$17,947,000	+3.4%	176,416	+3.4%	1.35%	+4.0%
KSU	Sell	KANSAS CITY SOUTHERN	$17,921,000	+7.2%	134,735	-1.8%	1.34%	+7.9%
EFG	Sell	ISHARES EAFE GROWTH	$17,087,000	-6.0%	212,235	-5.7%	1.28%	-5.4%
LQDT	Sell	LIQUIDITY SERVICES	$16,021,000	+17.4%	2,165,000	-3.4%	1.20%	+18.2%
NEAR	Sell	iSHARES SHORT MATURITY BOND	$14,649,000	-4.7%	291,000	-4.7%	1.10%	-4.0%
CTVA	Buy	CORTEVA INC.	$13,926,000	+21.4%	497,357	+28.2%	1.04%	+22.2%
FDX	Buy	FEDEX CORP	$12,766,000	+79.2%	87,698	+102.1%	0.96%	+80.4%
BB	Buy	BLACKBERRY	$12,713,000	-26.6%	2,421,541	+4.3%	0.95%	-26.1%
DOW	Buy	DOW CHEMICAL	$12,387,000	+20.8%	259,957	+25.0%	0.93%	+21.6%
SITC	Buy	SITE CENTERS CORP	$10,731,000	+14.5%	710,189	+0.4%	0.80%	+15.3%
VEA	Sell	VANGUARD DEV. MARKETS ETF	$10,359,000	-11.0%	252,156	-9.7%	0.78%	-10.5%
AAPL	Sell	APPLE INC	$9,391,000	+10.9%	41,929	-2.0%	0.70%	+11.6%
C	Buy	CITIGROUP	$7,712,000	+37.4%	111,637	+39.3%	0.58%	+38.5%
SHM	Sell	SPDR SHORT TERM MUNICIPAL	$6,507,000	-4.1%	132,830	-4.2%	0.49%	-3.6%
MDY	Sell	SPDR S&P 400 MIDCAP	$6,378,000	-0.7%	18,095	-0.1%	0.48%	-0.2%
LYFT	New	LYFT INC CL A COM	$6,043,000	–	147,973	–	0.45%	–
TWI	Sell	TITAN INTL INC	$5,395,000	-44.9%	1,998,007	-0.3%	0.40%	-44.5%
VTV	Buy	VANGUARD VALUE INDEX	$4,677,000	+1.8%	41,897	+1.2%	0.35%	+2.6%
DAL	Buy	DELTA AIR LINES	$4,130,000	+11.7%	71,706	+10.1%	0.31%	+12.7%
EFV	Sell	ISHARES EAFE VALUE	$3,664,000	-36.1%	77,350	-35.2%	0.28%	-35.7%
EFA	Sell	ISHARES MSCI EAFE ETF	$3,214,000	-3.3%	49,290	-2.6%	0.24%	-2.8%
VTIP	Buy	VANGUARD S-T TIPS	$3,141,000	+2.4%	64,030	+3.0%	0.24%	+3.1%
BSV	Sell	VANGUARD S/T BOND	$3,137,000	-10.7%	38,824	-11.0%	0.24%	-10.3%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BOND	$2,900,000	-9.4%	94,015	-9.6%	0.22%	-8.8%
SHY	Sell	iSHARES 1-3 YR TREASURY	$2,873,000	-15.7%	33,875	-15.8%	0.22%	-15.0%
DIS	Sell	WALT DISNEY CO.	$2,631,000	-7.5%	20,190	-0.8%	0.20%	-7.1%
LCI	Buy	LANNETT INC	$2,569,000	+202.9%	229,340	+63.8%	0.19%	+206.3%
IYW	Sell	ISHARES U.S. TECH ETF	$2,325,000	+2.3%	11,385	-0.9%	0.17%	+3.0%
COMM	Buy	COMMSCOPE	$2,313,000	+52.8%	196,680	+104.4%	0.17%	+54.0%
KLXE	Buy	KLX ENERGY SERVICES HOLDINGS	$2,275,000	+742.6%	263,200	+1893.9%	0.17%	+755.0%
VB	Buy	VANGUARD SMALL-CAP ETF	$1,911,000	+5.2%	12,420	+7.1%	0.14%	+5.9%
VO	Buy	VANGUARD MID CAP	$1,842,000	+42.2%	10,988	+41.8%	0.14%	+42.3%
FLOT	Sell	ISHARES FLOATING RATE NOTE	$1,840,000	-2.6%	36,100	-2.7%	0.14%	-2.1%
NUV	Sell	NUVEEN MUNI VALUE	$1,732,000	-12.7%	164,780	-15.4%	0.13%	-12.2%
EEM	Sell	ISHARES MSCI EMERGING MKTS ETF	$1,721,000	-8.6%	42,106	-4.0%	0.13%	-7.9%
PEP	Buy	PEPSICO INC	$1,717,000	+4.6%	12,522	+0.0%	0.13%	+5.7%
AM	New	ANTERO MIDSTREAM CORP	$1,665,000	–	225,000	–	0.12%	–
SCHB	Buy	SCHWAB U.S. BROAD MARKET	$1,510,000	+2.3%	21,260	+1.6%	0.11%	+2.7%
VUG	Buy	VANGUARD GROWTH	$1,492,000	+1.8%	8,975	+0.0%	0.11%	+2.8%
IJH	Sell	ISHARES CORE S&P MID-CAP ETF	$1,407,000	-4.5%	7,281	-4.0%	0.11%	-3.6%
VEU	Buy	VANGUARD FTSE ALL-WORLD EX-US	$1,259,000	+3.4%	25,240	+5.7%	0.09%	+3.3%
PNC	Buy	PNC FINANCIAL	$1,226,000	+15.2%	8,748	+12.9%	0.09%	+16.5%
FIS	New	FIDELITY NATL INFO SVC	$1,207,000	–	9,091	–	0.09%	–
XOM	Buy	EXXON MOBIL	$1,127,000	+2.2%	15,963	+10.9%	0.08%	+3.7%
VIG	Buy	VANGUARD DIV. APPRECIATION ETF	$1,088,000	+5.6%	9,100	+1.8%	0.08%	+6.5%
	Buy	AT&T CORP.	$1,091,000	+17.3%	28,840	+3.9%	0.08%	+18.8%
IWD	Sell	iSHARES RUSSELL 1000 VALUE	$1,008,000	-8.4%	7,857	-9.1%	0.08%	-7.3%
HD	Buy	HOME DEPOT INC.	$976,000	+27.9%	4,207	+14.7%	0.07%	+28.1%
SPY	Sell	SPDR S&P 500 ETF	$906,000	-0.1%	3,053	-1.3%	0.07%	0.0%
PG	Sell	PROCTER & GAMBLE	$890,000	-19.5%	7,159	-29.0%	0.07%	-18.3%
VV	Sell	VANGUARD LARGE CAP ETF	$881,000	-6.9%	6,460	-8.0%	0.07%	-7.0%
ABC	Sell	AMERISOURCEBERGEN	$748,000	-15.5%	9,087	-12.4%	0.06%	-15.2%
MRK	Buy	MERCK & CO. INC.	$649,000	+155.5%	7,710	+154.9%	0.05%	+157.9%
MO	Buy	ALTRIA GROUP INC.	$646,000	-6.9%	15,792	+7.8%	0.05%	-7.7%
FISV	New	FISERV INC	$471,000	–	4,545	–	0.04%	–
FB	Sell	FACEBOOK	$470,000	-42.8%	2,640	-38.0%	0.04%	-42.6%
NML	Buy	NEUBERGER BRMN. MLP INCOME	$434,000	+78.6%	60,300	+86.7%	0.03%	+83.3%
EVV	Buy	EATON VANCE LIMITED DURATION	$414,000	-1.2%	33,148	+0.1%	0.03%	0.0%
BIV	Sell	VANGUARD INTERM-TERM BOND	$364,000	-7.4%	4,135	-8.9%	0.03%	-6.9%
PMO	Buy	PUTNAM MUNI OPPORT TRUST	$327,000	+72.1%	25,000	+66.7%	0.02%	+78.6%
BMY	Sell	BRISTOL-MYERS	$308,000	+2.3%	6,064	-8.6%	0.02%	+4.5%
SPG	New	SIMON PROPERTY GROUP INC	$311,000	–	2,000	–	0.02%	–
FHI	Buy	FEDERATED INVS.	$304,000	+5.9%	9,377	+6.1%	0.02%	+9.5%
	Buy	BP PLC - SPONS ADR	$260,000	-9.1%	6,849	+0.0%	0.02%	-4.8%
IWM	Sell	ISHARES RUSSELL 2000 INDEX	$259,000	-21.0%	1,710	-19.0%	0.02%	-20.8%
MTNB	Buy	MATINAS BIOPHARMA HLDG	$252,000	+47.4%	400,000	+100.0%	0.02%	+46.2%
ACB	Buy	AURORA CANNABIS	$244,000	-43.8%	55,670	+0.3%	0.02%	-43.8%
UPS	New	UNITED PARCEL SERVICE-CL B	$225,000	–	1,880	–	0.02%	–
EMR	New	EMERSON ELECTRIC	$226,000	–	3,383	–	0.02%	–
BAC	Sell	BANK OF AMERICA	$218,000	-44.8%	7,481	-45.1%	0.02%	-44.8%
CNO	Sell	CNO FINANCIAL	$169,000	-8.6%	10,700	-3.6%	0.01%	-7.1%
ET	New	ENERGY TRANSFER	$146,000	–	11,148	–	0.01%	–
TEI	Sell	TEMPLETON EMERG. INCOME	$133,000	-16.4%	14,600	-6.4%	0.01%	-16.7%
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.00%	–
KGC	Exit	KINROSS GOLD	$0	–	-12,780	–	-0.00%	–
NAD	Exit	NUVEEN QUALITY MUNI INCOME FUN	$0	–	-12,000	–	-0.01%	–
LIN	Exit	LINDE PLC	$0	–	-1,010	–	-0.02%	–
LBRDA	Exit	LIBERTY BROADBAND-A	$0	–	-2,075	–	-0.02%	–
MUI	Exit	BLACKROCK MUNI INTERM	$0	–	-15,000	–	-0.02%	–
TSCO	Exit	TRACTOR SUPPLY	$0	–	-2,000	–	-0.02%	–
VCIT	Exit	VANGUARD INTER-TERM CORP BOND	$0	–	-2,490	–	-0.02%	–
TIP	Exit	iSHARES TIPS BOND ETF	$0	–	-2,000	–	-0.02%	–
TMUS	Exit	T-MOBILE US, INC.	$0	–	-3,420	–	-0.02%	–
SAVE	Exit	SPIRIT AIRLINES	$0	–	-5,940	–	-0.02%	–
FDC	Exit	FIRST DATA CORP	$0	–	-15,000	–	-0.03%	–
WP	Exit	WORLDPAY INC	$0	–	-9,791	–	-0.09%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-800,440	–	-0.10%	–
VGK	Exit	VANGUARD FTSE EUROPE	$0	–	-35,419	–	-0.14%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-671,600	–	-0.71%	–
NSRGY	Exit	NESTLE ADR	$0	–	-134,090	–	-1.03%	–

Q2 2019

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTH	$104,188,000	–	662,181	–	7.77%	–
MSFT	New	MICROSOFT CORP	$88,050,000	–	657,288	–	6.56%	–
QCOM	New	QUALCOMM INC.	$68,267,000	–	897,422	–	5.09%	–
CSCO	New	CISCO SYSTEMS	$54,525,000	–	996,262	–	4.06%	–
JPM	New	J.P. MORGAN CHASE	$52,214,000	–	467,026	–	3.89%	–
GLW	New	CORNING, INC.	$48,152,000	–	1,449,052	–	3.59%	–
PFE	New	PFIZER INC	$47,374,000	–	1,093,574	–	3.53%	–
GM	New	GENERAL MOTORS	$46,269,000	–	1,200,859	–	3.45%	–
CVS	New	CVS HEALTH CORP	$45,286,000	–	831,095	–	3.38%	–
BRKB	New	BERKSHIRE HATH B	$40,207,000	–	188,616	–	3.00%	–
CVX	New	CHEVRON CORP	$37,263,000	–	299,448	–	2.78%	–
MMM	New	3M COMPANY	$37,232,000	–	214,794	–	2.78%	–
GOOG	New	ALPHABET C	$37,134,000	–	34,354	–	2.77%	–
SLB	New	SCHLUMBERGER	$32,475,000	–	817,190	–	2.42%	–
JNJ	New	JOHNSON&JOHNSON	$31,657,000	–	227,291	–	2.36%	–
DD	New	DU PONT	$28,358,000	–	377,749	–	2.11%	–
GLD	New	SPDR GOLD SHARES	$26,339,000	–	197,740	–	1.96%	–
INTC	New	INTEL CORP	$25,009,000	–	522,431	–	1.86%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$24,610,000	–	578,659	–	1.83%	–
VZ	New	VERIZON COMM.	$23,417,000	–	409,881	–	1.74%	–
GDX	New	VANECK VECTORS GOLD MINERS	$22,221,000	–	869,352	–	1.66%	–
DISCK	New	DISCOVERY INC C	$21,407,000	–	752,445	–	1.60%	–
PM	New	PHILIP MORRIS INTl.	$19,254,000	–	245,175	–	1.44%	–
EFG	New	ISHARES EAFE GROWTH	$18,184,000	–	225,135	–	1.36%	–
MINT	New	PIMCO ENHANCED SHORT MATURITY	$17,360,000	–	170,615	–	1.29%	–
BB	New	BLACKBERRY	$17,319,000	–	2,321,541	–	1.29%	–
KSU	New	KANSAS CITY SOUTHERN	$16,718,000	–	137,235	–	1.25%	–
NEAR	New	iSHARES SHORT MATURITY BOND	$15,366,000	–	305,300	–	1.14%	–
NSRGY	New	NESTLE ADR	$13,865,000	–	134,090	–	1.03%	–
LQDT	New	LIQUIDITY SERVICES	$13,650,000	–	2,241,412	–	1.02%	–
NUAN	New	NUANCE COMM.	$12,877,000	–	806,300	–	0.96%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$11,644,000	–	279,156	–	0.87%	–
CTVA	New	CORTEVA INC.	$11,469,000	–	387,872	–	0.86%	–
QRTEA	New	QURATE RETAIL INC. QVC GROUP	$10,655,000	–	860,000	–	0.79%	–
DOW	New	DOW CHEMICAL	$10,256,000	–	207,981	–	0.76%	–
AMZN	New	AMAZON.COM	$10,243,000	–	5,409	–	0.76%	–
TWI	New	TITAN INTL INC	$9,799,000	–	2,003,805	–	0.73%	–
HALL	New	HALLMARK FINL SVCS INC	$9,557,000	–	671,600	–	0.71%	–
SITC	New	SITE CENTERS CORP	$9,368,000	–	707,539	–	0.70%	–
AAPL	New	APPLE INC	$8,466,000	–	42,777	–	0.63%	–
FDX	New	FEDEX CORP	$7,125,000	–	43,394	–	0.53%	–
SHM	New	SPDR SHORT TERM MUNICIPAL	$6,787,000	–	138,712	–	0.51%	–
UBSI	New	UNITED BANKSHARES	$6,493,000	–	175,069	–	0.48%	–
MDY	New	SPDR S&P 400 MIDCAP	$6,423,000	–	18,115	–	0.48%	–
EFV	New	ISHARES EAFE VALUE	$5,737,000	–	119,350	–	0.43%	–
C	New	CITIGROUP	$5,613,000	–	80,155	–	0.42%	–
VTV	New	VANGUARD VALUE INDEX	$4,594,000	–	41,417	–	0.34%	–
BDX	New	BECTON DICKINSON	$3,827,000	–	15,185	–	0.28%	–
DAL	New	DELTA AIR LINES	$3,696,000	–	65,135	–	0.28%	–
BSV	New	VANGUARD S/T BOND	$3,513,000	–	43,624	–	0.26%	–
SHY	New	iSHARES 1-3 YR TREASURY	$3,410,000	–	40,225	–	0.25%	–
EFA	New	ISHARES MSCI EAFE ETF	$3,325,000	–	50,590	–	0.25%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BOND	$3,202,000	–	104,015	–	0.24%	–
VTIP	New	VANGUARD S-T TIPS	$3,067,000	–	62,180	–	0.23%	–
TWLO	New	TWILIO INC CL A	$3,068,000	–	22,500	–	0.23%	–
DIS	New	WALT DISNEY CO.	$2,843,000	–	20,356	–	0.21%	–
IEMG	New	ISHARES CORE MSCI EMERG MKTS	$2,688,000	–	52,264	–	0.20%	–
AGG	New	iSHARES CORE US AGGREGATE BOND	$2,672,000	–	24,000	–	0.20%	–
GOOGL	New	ALPHABET A	$2,512,000	–	2,320	–	0.19%	–
VCSH	New	VANGUARD S/T CORP BOND ETF	$2,320,000	–	28,750	–	0.17%	–
IYW	New	ISHARES U.S. TECH ETF	$2,273,000	–	11,485	–	0.17%	–
IGSB	New	iSHARES SHORT TERM CORP BOND	$2,073,000	–	38,782	–	0.16%	–
SCHO	New	SCHWAB S/T U.S. TREAS	$2,008,000	–	39,695	–	0.15%	–
NUV	New	NUVEEN MUNI VALUE	$1,983,000	–	194,780	–	0.15%	–
VGK	New	VANGUARD FTSE EUROPE	$1,945,000	–	35,419	–	0.14%	–
FLOT	New	ISHARES FLOATING RATE NOTE	$1,890,000	–	37,100	–	0.14%	–
EEM	New	ISHARES MSCI EMERGING MKTS ETF	$1,882,000	–	43,856	–	0.14%	–
VB	New	VANGUARD SMALL-CAP ETF	$1,817,000	–	11,597	–	0.14%	–
TTEK	New	TETRA TECH INC	$1,723,000	–	21,941	–	0.13%	–
XLK	New	SPDR-TECHNOLOGY	$1,717,000	–	22,000	–	0.13%	–
PEP	New	PEPSICO INC	$1,641,000	–	12,517	–	0.12%	–
DLN	New	WISDOMTREE LARGECAP DIV	$1,535,000	–	15,843	–	0.11%	–
COMM	New	COMMSCOPE	$1,514,000	–	96,230	–	0.11%	–
SCHB	New	SCHWAB U.S. BROAD MARKET	$1,476,000	–	20,927	–	0.11%	–
CAT	New	CATERPILLAR INC	$1,472,000	–	10,800	–	0.11%	–
IJH	New	ISHARES CORE S&P MID-CAP ETF	$1,473,000	–	7,581	–	0.11%	–
VUG	New	VANGUARD GROWTH	$1,466,000	–	8,974	–	0.11%	–
MUX	New	MCEWEN MNG INC	$1,401,000	–	800,440	–	0.10%	–
IJR	New	ISHARES S&P SMALL-CAP ETF	$1,306,000	–	16,685	–	0.10%	–
VO	New	VANGUARD MID CAP	$1,295,000	–	7,748	–	0.10%	–
VOE	New	VANGUARD MID-CAP VALUE ETF	$1,248,000	–	11,205	–	0.09%	–
VEU	New	VANGUARD FTSE ALL-WORLD EX-US	$1,218,000	–	23,890	–	0.09%	–
WP	New	WORLDPAY INC	$1,200,000	–	9,791	–	0.09%	–
KKR	New	KKR & CO	$1,142,000	–	45,200	–	0.08%	–
IWD	New	iSHARES RUSSELL 1000 VALUE	$1,100,000	–	8,647	–	0.08%	–
XOM	New	EXXON MOBIL	$1,103,000	–	14,399	–	0.08%	–
PG	New	PROCTER & GAMBLE	$1,105,000	–	10,079	–	0.08%	–
NVDA	New	NVIDIA CORP	$1,076,000	–	6,553	–	0.08%	–
PNC	New	PNC FINANCIAL	$1,064,000	–	7,748	–	0.08%	–
VIG	New	VANGUARD DIV. APPRECIATION ETF	$1,030,000	–	8,940	–	0.08%	–
MJ	New	ETFMG ALTERNATIVE HARVEST	$975,000	–	30,787	–	0.07%	–
FMC	New	F M C CORP	$970,000	–	11,691	–	0.07%	–
VV	New	VANGUARD LARGE CAP ETF	$946,000	–	7,025	–	0.07%	–
MA	New	MASTERCARD INC	$952,000	–	3,600	–	0.07%	–
	New	AT&T CORP.	$930,000	–	27,761	–	0.07%	–
SPY	New	SPDR S&P 500 ETF	$907,000	–	3,094	–	0.07%	–
ABC	New	AMERISOURCEBERGEN	$885,000	–	10,378	–	0.07%	–
	New	TRISTATE CAP	$874,000	–	40,950	–	0.06%	–
CHKP	New	CHECK POINT SOFTWARE	$863,000	–	7,463	–	0.06%	–
LCI	New	LANNETT INC	$848,000	–	140,000	–	0.06%	–
FB	New	FACEBOOK	$822,000	–	4,260	–	0.06%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$819,000	–	10,598	–	0.06%	–
HD	New	HOME DEPOT INC.	$763,000	–	3,669	–	0.06%	–
HSIC	New	HENRY SCHEIN	$711,000	–	10,178	–	0.05%	–
MO	New	ALTRIA GROUP INC.	$694,000	–	14,647	–	0.05%	–
JAKK	New	JAKKS PAC INC	$669,000	–	955,600	–	0.05%	–
AR	New	ANTERO RES CORP	$624,000	–	112,830	–	0.05%	–
ATI	New	ALLEGHENY TECH.	$592,000	–	23,480	–	0.04%	–
VNM	New	MARKET VECTORS VIETNAM ETF	$549,000	–	34,250	–	0.04%	–
FXI	New	iSHARES CHINA LARGE-CAP ETF	$549,000	–	12,826	–	0.04%	–
GE	New	GENERAL ELECTRIC	$481,000	–	45,811	–	0.04%	–
MDLZ	New	MONDELEZ INTL	$469,000	–	8,709	–	0.04%	–
NQP	New	NUVEEN PA INV QUALITY MUNI	$471,000	–	34,516	–	0.04%	–
CGC	New	CANOPY GROWTH	$469,000	–	11,645	–	0.04%	–
EME	New	EMCOR GROUP INC	$457,000	–	5,190	–	0.03%	–
INDA	New	ISHARES MSCI INDIA ETF	$459,000	–	13,000	–	0.03%	–
IWB	New	ISHARES RUSSELL 1000 ETF	$447,000	–	2,744	–	0.03%	–
ACB	New	AURORA CANNABIS	$434,000	–	55,520	–	0.03%	–
IAU	New	ISHARES GOLD TRUST	$432,000	–	31,969	–	0.03%	–
EVV	New	EATON VANCE LIMITED DURATION	$419,000	–	33,126	–	0.03%	–
CMI	New	CUMMINS INC	$416,000	–	2,430	–	0.03%	–
WDC	New	WESTERN DIGITAL	$417,000	–	8,778	–	0.03%	–
TWTR	New	TWITTER INC	$422,000	–	12,100	–	0.03%	–
FFIV	New	F5 NETWORKS INC	$403,000	–	2,768	–	0.03%	–
CUT	New	INVESCO MSCI GLOBAL TIMBER ETF	$405,000	–	15,000	–	0.03%	–
FDC	New	FIRST DATA CORP	$406,000	–	15,000	–	0.03%	–
BIV	New	VANGUARD INTERM-TERM BOND	$393,000	–	4,540	–	0.03%	–
BAC	New	BANK OF AMERICA	$395,000	–	13,622	–	0.03%	–
V	New	VISA INC CL A	$363,000	–	2,093	–	0.03%	–
DBX	New	DROPBOX INC CL A	$350,000	–	13,960	–	0.03%	–
MOO	New	VANECK VECTORS AGRIBUSINESS	$347,000	–	5,200	–	0.03%	–
FLEX	New	FLEX LTD ORD	$340,000	–	35,489	–	0.02%	–
PSX	New	PHILLIPS 66	$327,000	–	3,500	–	0.02%	–
IWM	New	ISHARES RUSSELL 2000 INDEX	$328,000	–	2,110	–	0.02%	–
VBR	New	VANGUARD SMALL CAP VALUE ETF	$321,000	–	2,462	–	0.02%	–
IBM	New	INTL. BUS. MACHINES	$292,000	–	2,117	–	0.02%	–
SCHE	New	SCHWAB EMERGING MARKET ETF	$297,000	–	11,329	–	0.02%	–
BMY	New	BRISTOL-MYERS	$301,000	–	6,634	–	0.02%	–
LOW	New	LOWE'S COMPANIES	$293,000	–	2,900	–	0.02%	–
FHI	New	FEDERATED INVS.	$287,000	–	8,837	–	0.02%	–
BPMC	New	BLUEPRINT MEDICINES CORP.	$283,000	–	3,000	–	0.02%	–
	New	BP PLC - SPONS ADR	$286,000	–	6,847	–	0.02%	–
SNPS	New	SYNOPSYS INC	$283,000	–	2,200	–	0.02%	–
SAVE	New	SPIRIT AIRLINES	$284,000	–	5,940	–	0.02%	–
KLXE	New	KLX ENERGY SERVICES HOLDINGS	$270,000	–	13,200	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$266,000	–	1,610	–	0.02%	–
NKE	New	NIKE INC. CL B	$260,000	–	3,096	–	0.02%	–
STND	New	STANDARD AVB FINL	$251,000	–	9,152	–	0.02%	–
TMUS	New	T-MOBILE US, INC.	$254,000	–	3,420	–	0.02%	–
MDYV	New	SPDR S&P 400 MID CAP VALUE	$250,000	–	4,870	–	0.02%	–
JCOM	New	J2 GLOBAL INC	$261,000	–	2,940	–	0.02%	–
MRK	New	MERCK & CO. INC.	$254,000	–	3,025	–	0.02%	–
CWGL	New	CRIMSON WINE GROUP LTD	$236,000	–	29,546	–	0.02%	–
BOX	New	BOX INC CL A	$247,000	–	14,000	–	0.02%	–
NML	New	NEUBERGER BRMN. MLP INCOME	$243,000	–	32,300	–	0.02%	–
EDIV	New	SPDR EMERGING MARKETS DIVIDEND	$227,000	–	6,950	–	0.02%	–
ISBC	New	INVESTORS BANC.	$223,000	–	20,000	–	0.02%	–
SCHF	New	SCHWAB INTL EQUITY ETF	$228,000	–	7,113	–	0.02%	–
AGN	New	ALLERGAN INC	$234,000	–	1,400	–	0.02%	–
TIP	New	iSHARES TIPS BOND ETF	$231,000	–	2,000	–	0.02%	–
VCIT	New	VANGUARD INTER-TERM CORP BOND	$224,000	–	2,490	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETF	$221,000	–	4,400	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPP	$218,000	–	19,500	–	0.02%	–
TSCO	New	TRACTOR SUPPLY	$218,000	–	2,000	–	0.02%	–
MUI	New	BLACKROCK MUNI INTERM	$211,000	–	15,000	–	0.02%	–
PFF	New	iSHARES PREFERRED STOCK	$221,000	–	6,000	–	0.02%	–
SCHG	New	SCHWAB US LARGE CAP GROWTH	$212,000	–	2,552	–	0.02%	–
LBRDA	New	LIBERTY BROADBAND-A	$213,000	–	2,075	–	0.02%	–
LIN	New	LINDE PLC	$203,000	–	1,010	–	0.02%	–
PMO	New	PUTNAM MUNI OPPORT TRUST	$190,000	–	15,000	–	0.01%	–
CNO	New	CNO FINANCIAL	$185,000	–	11,100	–	0.01%	–
NAD	New	NUVEEN QUALITY MUNI INCOME FUN	$168,000	–	12,000	–	0.01%	–
MTNB	New	MATINAS BIOPHARMA HLDG	$171,000	–	200,000	–	0.01%	–
OIH	New	VANECK VECTORS OIL SERVICE ETF	$167,000	–	11,300	–	0.01%	–
TEI	New	TEMPLETON EMERG. INCOME	$159,000	–	15,600	–	0.01%	–
THTX	New	THERATECHNOLOGIES	$80,000	–	15,000	–	0.01%	–
	New	METRO BANK PLC	$67,000	–	10,000	–	0.01%	–
KGC	New	KINROSS GOLD	$50,000	–	12,780	–	0.00%	–
HCRSQ	New	HI-CRUSH INC	$25,000	–	10,000	–	0.00%	–
NNVC	New	NANOVIRICIDES	$14,000	–	60,000	–	0.00%	–

Q4 2018

			Value		Shares		↓ Weighting
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.00%	–
XCOOQ	Exit	EXCO RES INC	$0	–	-572,481	–	-0.01%	–
THTX	Exit	THERATECHNOLOGIES	$0	–	-15,000	–	-0.01%	–
HCRSQ	Exit	HI CRUSH PARTNERS LP	$0	–	-10,000	–	-0.01%	–
RAD	Exit	RITE AID CORP	$0	–	-100,000	–	-0.01%	–
TEI	Exit	TEMPLETON EMERG. INCOME	$0	–	-16,500	–	-0.01%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUST	$0	–	-15,000	–	-0.01%	–
MUI	Exit	BLACKROCK MUNI INTERM	$0	–	-15,000	–	-0.01%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEmlp	$0	–	-23,300	–	-0.01%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-1,492	–	-0.02%	–
EDIV	Exit	SPDR EMERGING MARKETS DIVIDEND	$0	–	-6,950	–	-0.02%	–
TIP	Exit	iSHARES TIPS BOND ETF	$0	–	-2,000	–	-0.02%	–
SNPS	Exit	SYNOPSYS INC	$0	–	-2,200	–	-0.02%	–
VCIT	Exit	VANGUARD INTER-TERM CORP BOND	$0	–	-2,580	–	-0.02%	–
DAL	Exit	DELTA AIR LINES	$0	–	-3,595	–	-0.02%	–
SCHG	Exit	SCHWAB US LARGE CAP GROWTH	$0	–	-2,552	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETF	$0	–	-4,400	–	-0.02%	–
SCHF	Exit	SCHWAB INTL EQUITY ETF	$0	–	-6,845	–	-0.02%	–
PFF	Exit	iSHARES PREFERRED STOCK	$0	–	-6,000	–	-0.02%	–
KLXE	Exit	KLX ENERGY SERVICES HOLDINGS	$0	–	-7,200	–	-0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPP	$0	–	-19,500	–	-0.02%	–
CNO	Exit	CNO FINANCIAL	$0	–	-11,100	–	-0.02%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-3,000	–	-0.02%	–
FHI	Exit	FEDERATED INVS.	$0	–	-9,337	–	-0.02%	–
LCI	Exit	LANNETT INC	$0	–	-50,000	–	-0.02%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-2,940	–	-0.02%	–
ISBC	Exit	INVESTORS BANC.	$0	–	-20,000	–	-0.02%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-29,546	–	-0.02%	–
NKE	Exit	NIKE INC. CL B	$0	–	-3,096	–	-0.02%	–
	Exit	AUTOMATIC DATA PROCESSING	$0	–	-1,720	–	-0.02%	–
AGN	Exit	ALLERGAN INC	$0	–	-1,400	–	-0.02%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETF	$0	–	-11,329	–	-0.02%	–
VB	Exit	VANGUARD SMALL-CAP ETF	$0	–	-1,756	–	-0.02%	–
STND	Exit	STANDARD AVB FINL	$0	–	-9,152	–	-0.02%	–
V	Exit	VISA INC CL A	$0	–	-1,989	–	-0.02%	–
TYG	Exit	TORTOISE ENERGY INFRASTRUCTURE	$0	–	-11,285	–	-0.02%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-4,191	–	-0.02%	–
NAD	Exit	NUVEEN QUALITY MUNI INCOME FUN	$0	–	-25,000	–	-0.02%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,842	–	-0.02%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETF	$0	–	-2,210	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,534	–	-0.02%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.02%	–
IWM	Exit	ISHARES RUSSELL 2000 INDEX	$0	–	-1,958	–	-0.02%	–
COKE	Exit	COCA COLA BOTTLNG	$0	–	-1,800	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESS	$0	–	-5,200	–	-0.02%	–
TWTR	Exit	TWITTER INC	$0	–	-12,245	–	-0.02%	–
CMI	Exit	CUMMINS INC	$0	–	-2,430	–	-0.02%	–
IAU	Exit	ISHARES GOLD TRUST	$0	–	-31,767	–	-0.02%	–
EME	Exit	EMCOR GROUP INC	$0	–	-5,190	–	-0.03%	–
EFA	Exit	ISHARES MSCI EAFE ETF	$0	–	-5,939	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
IIM	Exit	INVESCO VALUE MUNI INCOME	$0	–	-29,000	–	-0.03%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-6,488	–	-0.03%	–
BIV	Exit	VANGUARD INTERM-TERM BOND	$0	–	-5,390	–	-0.03%	–
NQP	Exit	NUVEEN PA INV QUALITY MUNI	$0	–	-34,516	–	-0.03%	–
IWB	Exit	ISHARES RUSSELL 1000 ETF	$0	–	-2,744	–	-0.03%	–
ASCMA	Exit	ASCENT CAPITAL GROUP	$0	–	-269,090	–	-0.03%	–
FLEX	Exit	FLEX LTD ORD	$0	–	-35,489	–	-0.03%	–
CUT	Exit	GUGGENHEIM MSCI GLOBAL TIMBER	$0	–	-15,000	–	-0.03%	–
EVV	Exit	EATON VANCE LIMITED DURATION	$0	–	-38,062	–	-0.03%	–
FB	Exit	FACEBOOK	$0	–	-3,003	–	-0.04%	–
VNM	Exit	MARKET VECTORS VIETNAM ETF	$0	–	-30,000	–	-0.04%	–
WDC	Exit	WESTERN DIGITAL	$0	–	-8,778	–	-0.04%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-47,077	–	-0.04%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-2,768	–	-0.04%	–
VO	Exit	VANGUARD MID CAP ETF	$0	–	-3,599	–	-0.04%	–
DIS	Exit	WALT DISNEY CO.	$0	–	-5,168	–	-0.04%	–
ATI	Exit	ALLEGHENY TECH.	$0	–	-20,390	–	-0.04%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETF	$0	–	-3,340	–	-0.05%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-4,577	–	-0.05%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUE	$0	–	-12,870	–	-0.05%	–
INVA	Exit	INNOVIVA INC	$0	–	-45,471	–	-0.05%	–
HD	Exit	HOME DEPOT INC.	$0	–	-3,315	–	-0.05%	–
BDX	Exit	BECTON DICKINSON	$0	–	-2,625	–	-0.05%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,765	–	-0.05%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-9,262	–	-0.05%	–
SPY	Exit	SPDR S&P 500 ETF	$0	–	-2,700	–	-0.06%	–
MA	Exit	MASTERCARD INC	$0	–	-3,600	–	-0.06%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-10,178	–	-0.06%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-14,688	–	-0.06%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETF	$0	–	-8,938	–	-0.07%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-8,771	–	-0.07%	–
VV	Exit	VANGUARD LARGE CAP ETF	$0	–	-7,680	–	-0.07%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-11,964	–	-0.08%	–
KKR	Exit	KKR & CO	$0	–	-40,200	–	-0.08%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUE	$0	–	-8,647	–	-0.08%	–
FMC	Exit	F M C CORP	$0	–	-13,010	–	-0.08%	–
KLXI	Exit	KLX INC	$0	–	-18,000	–	-0.08%	–
	Exit	TRISTATE CAP	$0	–	-40,950	–	-0.08%	–
IJJ	Exit	ISHARES S&P MIDCAP 400 VALUE E	$0	–	-6,800	–	-0.08%	–
PNC	Exit	PNC FINANCIAL	$0	–	-9,064	–	-0.09%	–
XOM	Exit	EXXON MOBIL	$0	–	-14,623	–	-0.09%	–
COMM	Exit	COMMSCOPE	$0	–	-40,385	–	-0.09%	–
PEP	Exit	PEPSICO INC	$0	–	-12,283	–	-0.10%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-15,072	–	-0.10%	–
WP	Exit	WORLDPAY INC	$0	–	-13,651	–	-0.10%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKET	$0	–	-20,006	–	-0.10%	–
VUG	Exit	VANGUARD GROWTH	$0	–	-8,725	–	-0.10%	–
NVDA	Exit	NVIDIA CORP	$0	–	-5,000	–	-0.10%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETF	$0	–	-16,436	–	-0.10%	–
DLN	Exit	WISDOMTREE LARGECAP DIV	$0	–	-15,920	–	-0.11%	–
	Exit	AT&T CORP.	$0	–	-46,787	–	-0.11%	–
GDXJ	Exit	VANECK VECTORS JR GOLD MINERS	$0	–	-60,500	–	-0.12%	–
XLK	Exit	SPDR-TECHNOLOGY	$0	–	-22,000	–	-0.12%	–
CAT	Exit	CATERPILLAR INC	$0	–	-11,800	–	-0.13%	–
VCSH	Exit	VANGUARD S/T CORP BOND ETF	$0	–	-23,440	–	-0.13%	–
NUV	Exit	NUVEEN MUNI VALUE	$0	–	-201,280	–	-0.13%	–
BRKA	Exit	BERKSHIRE HATH A	$0	–	-6	–	-0.13%	–
FLOT	Exit	ISHARES FLOATING RATE NOTE	$0	–	-38,700	–	-0.14%	–
RVI	Exit	RETAIL VALUE INC	$0	–	-60,754	–	-0.14%	–
IGSB	Exit	iSHARES SHORT TERM CORP BOND	$0	–	-38,782	–	-0.14%	–
AR	Exit	ANTERO RES CORP	$0	–	-112,830	–	-0.14%	–
TTEK	Exit	TETRA TECH INC	$0	–	-33,252	–	-0.16%	–
GOOGL	Exit	ALPHABET A	$0	–	-2,057	–	-0.17%	–
AGG	Exit	iSHARES CORE US AGGREGATE BOND	$0	–	-24,000	–	-0.18%	–
SCHO	Exit	SCHWAB S/T U.S. TREAS	$0	–	-52,750	–	-0.18%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-1,075,600	–	-0.19%	–
VTIP	Exit	VANGUARD S-T TIPS	$0	–	-58,580	–	-0.20%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BOND	$0	–	-109,665	–	-0.23%	–
SHY	Exit	iSHARES 1-3 YR TREASURY	$0	–	-46,700	–	-0.27%	–
VTV	Exit	VANGUARD VALUE INDEX	$0	–	-39,071	–	-0.30%	–
TWLO	Exit	TWILIO INC CL A	$0	–	-50,584	–	-0.30%	–
BSV	Exit	VANGUARD S/T BOND	$0	–	-66,809	–	-0.36%	–
AMZN	Exit	AMAZON.COM	$0	–	-2,919	–	-0.41%	–
FDX	Exit	FEDEX CORP	$0	–	-26,133	–	-0.44%	–
MDY	Exit	SPDR S&P 400 MIDCAP	$0	–	-17,569	–	-0.45%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-200,069	–	-0.51%	–
C	Exit	CITIGROUP	$0	–	-105,405	–	-0.53%	–
SHM	Exit	SPDR SHORT TERM MUNICIPAL	$0	–	-166,460	–	-0.56%	–
DDR	Exit	DDR CORP	$0	–	-600,340	–	-0.56%	–
VGK	Exit	VANGUARD EUROPE ETF	$0	–	-148,100	–	-0.58%	–
AAPL	Exit	APPLE INC	$0	–	-37,975	–	-0.60%	–
KSU	Exit	KANSAS CITY SOUTHERN	$0	–	-83,940	–	-0.66%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-900,000	–	-0.69%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-5,900,440	–	-0.80%	–
VEA	Exit	VANGUARD DEV. MARKETS ETF	$0	–	-367,623	–	-1.11%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,515,000	–	-1.12%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITY	$0	–	-160,314	–	-1.14%	–
NEAR	Exit	iSHARES SHORT MATURITY BOND	$0	–	-332,300	–	-1.17%	–
TWI	Exit	TITAN INTL INC	$0	–	-2,260,000	–	-1.17%	–
NSRGY	Exit	NESTLE ADR	$0	–	-206,730	–	-1.20%	–
EFG	Exit	ISHARES EAFE GROWTH ETF	$0	–	-239,085	–	-1.34%	–
GDX	Exit	VANECK VECTORS GOLD MINERS	$0	–	-1,072,770	–	-1.39%	–
NUAN	Exit	NUANCE COMM.	$0	–	-1,187,700	–	-1.44%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-261,096	–	-1.49%	–
VZ	Exit	VERIZON COMM.	$0	–	-400,811	–	-1.50%	–
QRTEA	Exit	QURATE RETAIL INC. QVC GROUP	$0	–	-1,107,000	–	-1.72%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETF	$0	–	-657,422	–	-1.88%	–
DISCK	Exit	DISCOVERY INC C	$0	–	-923,350	–	-1.91%	–
INTC	Exit	INTEL CORP	$0	–	-579,330	–	-1.92%	–
GLD	Exit	SPDR GOLD SHARES	$0	–	-246,375	–	-1.94%	–
SLB	Exit	SCHLUMBERGER	$0	–	-472,144	–	-2.01%	–
BB	Exit	BLACKBERRY	$0	–	-2,659,541	–	-2.12%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-226,848	–	-2.19%	–
JCI	Exit	JOHNSON CONTROLS	$0	–	-995,140	–	-2.43%	–
CVX	Exit	CHEVRON CORP	$0	–	-285,412	–	-2.44%	–
GOOG	Exit	ALPHABET C	$0	–	-30,963	–	-2.58%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-183,553	–	-2.75%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,309,196	–	-3.08%	–
MMM	Exit	3M COMPANY	$0	–	-225,416	–	-3.32%	–
PFE	Exit	PFIZER INC	$0	–	-1,112,837	–	-3.43%	–
GLW	Exit	CORNING, INC.	$0	–	-1,460,156	–	-3.60%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-459,018	–	-3.62%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-1,079,411	–	-3.67%	–
DWDP	Exit	DOWDUPONT	$0	–	-846,077	–	-3.80%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-694,115	–	-3.82%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-891,735	–	-4.49%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-690,468	–	-5.52%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTH	$0	–	-641,701	–	-7.00%	–

Q3 2018

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTH	$100,093,000	+7.9%	641,701	-0.6%	7.00%	-1.8%
MSFT	Sell	MICROSOFT CORP	$78,969,000	+12.2%	690,468	-3.2%	5.52%	+2.1%
QCOM	Sell	QUALCOMM INC.	$64,232,000	+27.9%	891,735	-0.4%	4.49%	+16.3%
CVS	Sell	CVS HEALTH CORP	$54,641,000	+21.2%	694,115	-0.9%	3.82%	+10.2%
DWDP	Buy	DOWDUPONT	$54,411,000	-1.2%	846,077	+1.3%	3.80%	-10.1%
CSCO	Sell	CISCO SYSTEMS	$52,513,000	+12.5%	1,079,411	-0.5%	3.67%	+2.4%
JPM	Sell	J.P. MORGAN CHASE	$51,796,000	+8.3%	459,018	-0.0%	3.62%	-1.5%
GLW	Sell	CORNING, INC.	$51,544,000	+25.3%	1,460,156	-2.4%	3.60%	+14.0%
PFE	Buy	PFIZER INC	$49,043,000	+21.9%	1,112,837	+0.3%	3.43%	+10.9%
MMM	Buy	3M COMPANY	$47,497,000	+8.1%	225,416	+1.0%	3.32%	-1.6%
GM	Buy	GENERAL MOTORS	$44,081,000	-10.7%	1,309,196	+4.5%	3.08%	-18.8%
BRKB	Buy	BERKSHIRE HATH B	$39,301,000	+14.8%	183,553	+0.1%	2.75%	+4.5%
GOOG	Buy	ALPHABET C	$36,953,000	+8.1%	30,963	+1.0%	2.58%	-1.7%
CVX	Buy	CHEVRON CORP	$34,900,000	-2.3%	285,412	+1.1%	2.44%	-11.1%
JCI	Buy	JOHNSON CONTROLS	$34,830,000	+7.2%	995,140	+2.5%	2.43%	-2.4%
JNJ	Buy	JOHNSON&JOHNSON	$31,344,000	+15.2%	226,848	+1.2%	2.19%	+4.8%
BB	Buy	BLACKBERRY	$30,266,000	+18.4%	2,659,541	+0.4%	2.12%	+7.7%
SLB	Buy	SCHLUMBERGER	$28,763,000	+31.9%	472,144	+45.1%	2.01%	+20.0%
GLD	Buy	SPDR GOLD SHARES	$27,781,000	+12.6%	246,375	+18.5%	1.94%	+2.5%
INTC	Buy	INTEL CORP	$27,397,000	-3.9%	579,330	+1.0%	1.92%	-12.5%
DISCK	Sell	DISCOVERY INC C	$27,313,000	+12.7%	923,350	-2.8%	1.91%	+2.6%
VWO	Buy	VANGUARD EMERG. MARKETS ETF	$26,954,000	+27.6%	657,422	+31.4%	1.88%	+16.2%
VZ	Sell	VERIZON COMM.	$21,399,000	+5.9%	400,811	-0.2%	1.50%	-3.6%
PM	Buy	PHILIP MORRIS INTl.	$21,290,000	+1.2%	261,096	+0.3%	1.49%	-7.9%
NUAN	Sell	NUANCE COMM.	$20,571,000	+17.2%	1,187,700	-6.1%	1.44%	+6.6%
GDX	Buy	VANECK VECTORS GOLD MINERS	$19,868,000	+9.6%	1,072,770	+32.1%	1.39%	-0.2%
EFG	Buy	ISHARES EAFE GROWTH ETF	$19,144,000	+18.3%	239,085	+16.4%	1.34%	+7.6%
NSRGY	Sell	NESTLE ADR	$17,200,000	+6.3%	206,730	-1.1%	1.20%	-3.3%
TWI	Buy	TITAN INTL INC	$16,769,000	-28.1%	2,260,000	+3.9%	1.17%	-34.6%
NEAR	Buy	iSHARES SHORT MATURITY BOND	$16,676,000	+0.3%	332,300	+0.3%	1.17%	-8.7%
MINT	Buy	PIMCO ENHANCED SHORT MATURITY	$16,291,000	+8.2%	160,314	+8.1%	1.14%	-1.6%
VEA	Buy	VANGUARD DEV. MARKETS ETF	$15,907,000	+21.7%	367,623	+20.7%	1.11%	+10.8%
KSU	Buy	KANSAS CITY SOUTHERN	$9,509,000	+155.8%	83,940	+139.3%	0.66%	+133.3%
AAPL	Buy	APPLE INC	$8,572,000	+27.7%	37,975	+4.7%	0.60%	+16.1%
DDR	Buy	DDR CORP	$8,039,000	-24.9%	600,340	+0.4%	0.56%	-31.6%
SHM	Sell	SPDR SHORT TERM MUNICIPAL	$7,938,000	-3.9%	166,460	-3.3%	0.56%	-12.6%
C	Buy	CITIGROUP	$7,562,000	+1603.2%	105,405	+1487.4%	0.53%	+1455.9%
MDY	Buy	SPDR S&P 400 MIDCAP	$6,456,000	+12.5%	17,569	+8.7%	0.45%	+2.3%
BSV	Sell	VANGUARD S/T BOND	$5,213,000	-1.3%	66,809	-1.0%	0.36%	-10.3%
TWLO	Sell	TWILIO INC CL A	$4,364,000	+37.2%	50,584	-10.9%	0.30%	+25.0%
VTV	Buy	VANGUARD VALUE INDEX	$4,324,000	+7.0%	39,071	+0.4%	0.30%	-2.6%
SHY	Sell	iSHARES 1-3 YR TREASURY	$3,880,000	-0.8%	46,700	-0.4%	0.27%	-9.7%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BOND	$3,310,000	-4.3%	109,665	-4.4%	0.23%	-13.2%
VTIP	Buy	VANGUARD S-T TIPS	$2,834,000	+31.0%	58,580	+32.2%	0.20%	+19.3%
SCHO	Sell	SCHWAB S/T U.S. TREAS	$2,615,000	-2.4%	52,750	-2.0%	0.18%	-11.2%
AR	Sell	ANTERO RES CORP	$1,998,000	-24.9%	112,830	-9.5%	0.14%	-31.4%
IGSB	Buy	iSHARES SHORT TERM CORP BOND	$2,010,000	-0.0%	38,782	+100.0%	0.14%	-9.1%
RVI	New	RETAIL VALUE INC	$1,986,000	–	60,754	–	0.14%	–
FLOT	Sell	ISHARES FLOATING RATE NOTE	$1,974,000	-5.8%	38,700	-5.8%	0.14%	-14.3%
NUV	Buy	NUVEEN MUNI VALUE	$1,884,000	+18.2%	201,280	+20.7%	0.13%	+8.2%
VCSH	New	VANGUARD S/T CORP BOND ETF	$1,832,000	–	23,440	–	0.13%	–
	Buy	AT&T CORP.	$1,571,000	+4.6%	46,787	+0.0%	0.11%	-4.3%
DLN	Sell	WISDOMTREE LARGECAP DIV	$1,519,000	+4.3%	15,920	-1.8%	0.11%	-5.4%
SCHB	Sell	SCHWAB U.S. BROAD MARKET	$1,408,000	+2.5%	20,006	-3.8%	0.10%	-6.7%
XOM	Sell	EXXON MOBIL	$1,243,000	+0.3%	14,623	-2.4%	0.09%	-8.4%
COMM	New	COMMSCOPE	$1,242,000	–	40,385	–	0.09%	–
PNC	Buy	PNC FINANCIAL	$1,234,000	+1.0%	9,064	+0.2%	0.09%	-8.5%
KLXI	Sell	KLX INC	$1,130,000	-63.0%	18,000	-57.6%	0.08%	-66.2%
KKR	New	KKR & CO	$1,096,000	–	40,200	–	0.08%	–
VV	Sell	VANGUARD LARGE CAP ETF	$1,025,000	+2.4%	7,680	-4.2%	0.07%	-6.5%
VIG	Buy	VANGUARD DIV. APPRECIATION ETF	$989,000	+11.5%	8,938	+2.3%	0.07%	+1.5%
MO	Buy	ALTRIA GROUP INC.	$886,000	+18.1%	14,688	+11.2%	0.06%	+6.9%
PG	Buy	PROCTER & GAMBLE	$771,000	+21.4%	9,262	+13.9%	0.05%	+10.2%
IBM	Buy	INTL. BUS. MACHINES	$692,000	+9.5%	4,577	+1.1%	0.05%	-2.0%
DIS	Buy	WALT DISNEY CO.	$604,000	+52.1%	5,168	+36.3%	0.04%	+40.0%
VO	Buy	VANGUARD MID CAP ETF	$591,000	+22.6%	3,599	+17.6%	0.04%	+10.8%
GE	Sell	GENERAL ELECTRIC	$531,000	-17.3%	47,077	-0.2%	0.04%	-24.5%
FB	Sell	FACEBOOK	$494,000	-31.0%	3,003	-18.5%	0.04%	-36.4%
EVV	Sell	EATON VANCE LIMITED DURATION	$483,000	-5.5%	38,062	-6.2%	0.03%	-12.8%
NQP	Buy	NUVEEN PA INV QUALITY MUNI	$430,000	+4.6%	34,516	+6.2%	0.03%	-6.2%
IIM	Sell	INVESCO VALUE MUNI INCOME	$401,000	-5.4%	29,000	-3.3%	0.03%	-15.2%
BMY	Buy	BRISTOL-MYERS	$403,000	+12.6%	6,488	+0.3%	0.03%	+3.7%
MOO	Sell	VANECK VECTORS AGRIBUSINESS	$342,000	+4.9%	5,200	-1.0%	0.02%	-4.0%
IWM	Buy	ISHARES RUSSELL 2000 INDEX	$330,000	+27.9%	1,958	+24.1%	0.02%	+15.0%
VBR	Buy	VANGUARD SMALL CAP VALUE ETF	$308,000	+5.8%	2,210	+3.3%	0.02%	0.0%
	Buy	BP PLC - SPONS ADR	$315,000	+1.0%	6,842	+0.0%	0.02%	-8.3%
V	Sell	VISA INC CL A	$299,000	-19.6%	1,989	-29.2%	0.02%	-27.6%
VB	Buy	VANGUARD SMALL-CAP ETF	$286,000	+20.7%	1,756	+15.5%	0.02%	+11.1%
SCHE	Sell	SCHWAB EMERGING MARKET ETF	$291,000	-26.7%	11,329	-26.1%	0.02%	-33.3%
ISBC	Buy	INVESTORS BANC.	$245,000	+91.4%	20,000	+100.0%	0.02%	+70.0%
LCI	Buy	LANNETT INC	$237,000	-30.3%	50,000	+100.0%	0.02%	-34.6%
KLXE	New	KLX ENERGY SERVICES HOLDINGS	$230,000	–	7,200	–	0.02%	–
SCHF	Sell	SCHWAB INTL EQUITY ETF	$230,000	-16.7%	6,845	-18.0%	0.02%	-23.8%
CNO	Sell	CNO FINANCIAL	$236,000	+1.7%	11,100	-9.0%	0.02%	-11.1%
SCHG	New	SCHWAB US LARGE CAP GROWTH	$209,000	–	2,552	–	0.02%	–
SNPS	New	SYNOPSYS INC	$217,000	–	2,200	–	0.02%	–
ITW	Sell	ILLINOIS TOOL WKS	$211,000	-41.9%	1,492	-43.0%	0.02%	-46.4%
DAL	New	DELTA AIR LINES	$208,000	–	3,595	–	0.02%	–
NML	Buy	NEUBERGER BRMN. MLP INCOMEmlp	$202,000	+4.7%	23,300	+5.7%	0.01%	-6.7%
TTOO	Exit	T2 BIOSYSTEMS	$0	–	-15,000	–	-0.01%	–
BAC	Exit	BANK OF AMERICA	$0	–	-7,260	–	-0.02%	–
TSLA	Exit	TESLA MOTORS	$0	–	-730	–	-0.02%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-7,147	–	-0.02%	–
NRK	Exit	NUVEEN NY AMT-FREE MUN	$0	–	-30,000	–	-0.03%	–
XON	Exit	INTREXON CORP	$0	–	-40,000	–	-0.04%	–
NXPI	Exit	NXP SEMICONDUCTORS	$0	–	-7,500	–	-0.06%	–
KKR	Exit	KKR & CO LPmaster lp	$0	–	-40,200	–	-0.08%	–

Q2 2018

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTH	$92,797,000	–	645,321	–	7.13%	–
MSFT	New	MICROSOFT CORP	$70,368,000	–	713,604	–	5.40%	–
DWDP	New	DOWDUPONT	$55,064,000	–	835,322	–	4.23%	–
QCOM	New	QUALCOMM INC.	$50,238,000	–	895,183	–	3.86%	–
GM	New	GENERAL MOTORS	$49,383,000	–	1,253,384	–	3.79%	–
JPM	New	J.P. MORGAN CHASE	$47,836,000	–	459,078	–	3.67%	–
CSCO	New	CISCO SYSTEMS	$46,675,000	–	1,084,711	–	3.58%	–
CVS	New	CVS HEALTH CORP	$45,094,000	–	700,765	–	3.46%	–
MMM	New	3M COMPANY	$43,918,000	–	223,251	–	3.37%	–
GLW	New	CORNING, INC.	$41,151,000	–	1,495,848	–	3.16%	–
PFE	New	PFIZER INC	$40,245,000	–	1,109,297	–	3.09%	–
CVX	New	CHEVRON CORP	$35,706,000	–	282,418	–	2.74%	–
BRKB	New	BERKSHIRE HATH B	$34,223,000	–	183,353	–	2.63%	–
GOOG	New	ALPHABET C	$34,198,000	–	30,653	–	2.63%	–
JCI	New	JOHNSON CONTROLS	$32,490,000	–	971,295	–	2.50%	–
INTC	New	INTEL CORP	$28,500,000	–	573,330	–	2.19%	–
JNJ	New	JOHNSON&JOHNSON	$27,208,000	–	224,227	–	2.09%	–
BB	New	BLACKBERRY	$25,558,000	–	2,648,541	–	1.96%	–
GLD	New	SPDR GOLD SHARES	$24,677,000	–	207,985	–	1.90%	–
DISCK	New	DISCOVERY INC C	$24,234,000	–	950,350	–	1.86%	–
QRTEA	New	QURATE RETAIL INC. QVC GROUP	$23,491,000	–	1,107,000	–	1.80%	–
TWI	New	TITAN INTL INC	$23,332,000	–	2,174,500	–	1.79%	–
SLB	New	SCHLUMBERGER	$21,808,000	–	325,353	–	1.68%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$21,121,000	–	500,507	–	1.62%	–
PM	New	PHILIP MORRIS INTl.	$21,028,000	–	260,441	–	1.62%	–
VZ	New	VERIZON COMM.	$20,203,000	–	401,561	–	1.55%	–
GDX	New	VANECK VECTORS GOLD MINERS	$18,121,000	–	812,220	–	1.39%	–
NUAN	New	NUANCE COMM.	$17,558,000	–	1,264,500	–	1.35%	–
NEAR	New	iSHARES SHORT MATURITY BOND	$16,621,000	–	331,300	–	1.28%	–
LQDT	New	LIQUIDITY SERVICES	$16,473,000	–	2,515,000	–	1.26%	–
EFG	New	ISHARES EAFE GROWTH ETF	$16,180,000	–	205,330	–	1.24%	–
NSRGY	New	NESTLE ADR	$16,188,000	–	209,070	–	1.24%	–
MINT	New	PIMCO ENHANCED SHORT MATURITY	$15,063,000	–	148,330	–	1.16%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$13,068,000	–	304,623	–	1.00%	–
MUX	New	MCEWEN MNG INC	$12,214,000	–	5,900,440	–	0.94%	–
DDR	New	DDR CORP	$10,705,000	–	598,040	–	0.82%	–
HALL	New	HALLMARK FINL SVCS INC	$8,982,000	–	900,000	–	0.69%	–
VGK	New	VANGUARD EUROPE ETF	$8,313,000	–	148,100	–	0.64%	–
SHM	New	SPDR SHORT TERM MUNICIPAL	$8,264,000	–	172,200	–	0.64%	–
UBSI	New	UNITED BANKSHARES	$7,283,000	–	200,069	–	0.56%	–
AAPL	New	APPLE INC	$6,715,000	–	36,274	–	0.52%	–
FDX	New	FEDEX CORP	$5,934,000	–	26,133	–	0.46%	–
MDY	New	SPDR S&P 400 MIDCAP	$5,740,000	–	16,169	–	0.44%	–
BSV	New	VANGUARD S/T BOND	$5,280,000	–	67,509	–	0.41%	–
AMZN	New	AMAZON.COM	$4,962,000	–	2,919	–	0.38%	–
VTV	New	VANGUARD VALUE INDEX	$4,040,000	–	38,911	–	0.31%	–
SHY	New	iSHARES 1-3 YR TREASURY	$3,910,000	–	46,900	–	0.30%	–
KSU	New	KANSAS CITY SOUTHERN	$3,717,000	–	35,075	–	0.28%	–
JAKK	New	JAKKS PAC INC	$3,523,000	–	1,075,600	–	0.27%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BOND	$3,458,000	–	114,665	–	0.27%	–
TWLO	New	TWILIO INC CL A	$3,181,000	–	56,784	–	0.24%	–
KLXI	New	KLX INC	$3,052,000	–	42,451	–	0.23%	–
SCHO	New	SCHWAB S/T U.S. TREAS	$2,678,000	–	53,850	–	0.21%	–
AR	New	ANTERO RES CORP	$2,661,000	–	124,624	–	0.20%	–
AGG	New	iSHARES CORE US AGGREGATE BOND	$2,552,000	–	24,000	–	0.20%	–
GOOGL	New	ALPHABET A	$2,323,000	–	2,057	–	0.18%	–
VTIP	New	VANGUARD S-T TIPS	$2,164,000	–	44,300	–	0.17%	–
FLOT	New	ISHARES FLOATING RATE NOTE	$2,096,000	–	41,100	–	0.16%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDIT	$2,011,000	–	19,391	–	0.15%	–
GDXJ	New	VANECK VECTORS JR GOLD MINERS	$1,978,000	–	60,500	–	0.15%	–
TTEK	New	TETRA TECH INC	$1,945,000	–	33,252	–	0.15%	–
BRKA	New	BERKSHIRE HATH A	$1,692,000	–	6	–	0.13%	–
CAT	New	CATERPILLAR INC	$1,601,000	–	11,800	–	0.12%	–
NUV	New	NUVEEN MUNI VALUE	$1,594,000	–	166,780	–	0.12%	–
XLK	New	SPDR-TECHNOLOGY	$1,528,000	–	22,000	–	0.12%	–
	New	AT&T CORP.	$1,502,000	–	46,785	–	0.12%	–
DLN	New	WISDOMTREE LARGECAP DIV	$1,456,000	–	16,220	–	0.11%	–
IJR	New	ISHARES S&P SMALL-CAP ETF	$1,372,000	–	16,436	–	0.10%	–
SCHB	New	SCHWAB U.S. BROAD MARKET	$1,373,000	–	20,806	–	0.10%	–
PEP	New	PEPSICO INC	$1,337,000	–	12,283	–	0.10%	–
VUG	New	VANGUARD GROWTH	$1,307,000	–	8,725	–	0.10%	–
ABC	New	AMERISOURCEBERGEN	$1,285,000	–	15,072	–	0.10%	–
XOM	New	EXXON MOBIL	$1,239,000	–	14,980	–	0.10%	–
PNC	New	PNC FINANCIAL	$1,222,000	–	9,045	–	0.09%	–
NVDA	New	NVIDIA CORP	$1,184,000	–	5,000	–	0.09%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$1,156,000	–	11,964	–	0.09%	–
FMC	New	F M C CORP	$1,161,000	–	13,010	–	0.09%	–
WP	New	WORLDPAY INC	$1,116,000	–	13,651	–	0.09%	–
IJJ	New	ISHARES S&P MIDCAP 400 VALUE E	$1,102,000	–	6,800	–	0.08%	–
	New	TRISTATE CAP	$1,069,000	–	40,950	–	0.08%	–
IWD	New	iSHARES RUSSELL 1000 VALUE	$1,050,000	–	8,647	–	0.08%	–
KKR	New	KKR & CO LPmaster lp	$999,000	–	40,200	–	0.08%	–
VV	New	VANGUARD LARGE CAP ETF	$1,001,000	–	8,020	–	0.08%	–
VIG	New	VANGUARD DIV. APPRECIATION ETF	$887,000	–	8,733	–	0.07%	–
CHKP	New	CHECK POINT SOFTWARE	$857,000	–	8,771	–	0.07%	–
NXPI	New	NXP SEMICONDUCTORS	$820,000	–	7,500	–	0.06%	–
MO	New	ALTRIA GROUP INC.	$750,000	–	13,208	–	0.06%	–
ASCMA	New	ASCENT CAPITAL GROUP	$756,000	–	269,090	–	0.06%	–
HSIC	New	HENRY SCHEIN	$739,000	–	10,178	–	0.06%	–
SPY	New	SPDR S&P 500 ETF	$732,000	–	2,700	–	0.06%	–
FB	New	FACEBOOK	$716,000	–	3,683	–	0.06%	–
MA	New	MASTERCARD INC	$707,000	–	3,600	–	0.05%	–
WDC	New	WESTERN DIGITAL	$680,000	–	8,778	–	0.05%	–
UNH	New	UNITEDHEALTH GROUP	$678,000	–	2,765	–	0.05%	–
MDYV	New	SPDR S&P 400 MID CAP VALUE	$670,000	–	12,870	–	0.05%	–
IJH	New	ISHARES CORE S&P MID-CAP ETF	$651,000	–	3,340	–	0.05%	–
HD	New	HOME DEPOT INC.	$647,000	–	3,315	–	0.05%	–
GE	New	GENERAL ELECTRIC	$642,000	–	47,167	–	0.05%	–
PG	New	PROCTER & GAMBLE	$635,000	–	8,132	–	0.05%	–
IBM	New	INTL. BUS. MACHINES	$632,000	–	4,527	–	0.05%	–
INVA	New	INNOVIVA INC	$627,000	–	45,471	–	0.05%	–
BDX	New	BECTON DICKINSON	$629,000	–	2,625	–	0.05%	–
XON	New	INTREXON CORP	$558,000	–	40,000	–	0.04%	–
TWTR	New	TWITTER INC	$535,000	–	12,245	–	0.04%	–
ATI	New	ALLEGHENY TECH.	$512,000	–	20,390	–	0.04%	–
EVV	New	EATON VANCE LIMITED DURATION	$511,000	–	40,585	–	0.04%	–
FLEX	New	FLEX LTD ORD	$501,000	–	35,489	–	0.04%	–
VO	New	VANGUARD MID CAP ETF	$482,000	–	3,060	–	0.04%	–
VNM	New	MARKET VECTORS VIETNAM ETF	$479,000	–	30,000	–	0.04%	–
CUT	New	GUGGENHEIM MSCI GLOBAL TIMBER	$486,000	–	15,000	–	0.04%	–
FFIV	New	F5 NETWORKS INC	$477,000	–	2,768	–	0.04%	–
C	New	CITIGROUP	$444,000	–	6,640	–	0.03%	–
BIV	New	VANGUARD INTERM-TERM BOND	$436,000	–	5,390	–	0.03%	–
IIM	New	INVESCO VALUE MUNI INCOME	$424,000	–	30,000	–	0.03%	–
IWB	New	ISHARES RUSSELL 1000 ETF	$417,000	–	2,744	–	0.03%	–
NQP	New	NUVEEN PA INV QUALITY MUNI	$411,000	–	32,516	–	0.03%	–
EFA	New	ISHARES MSCI EAFE ETF	$398,000	–	5,939	–	0.03%	–
EME	New	EMCOR GROUP INC	$395,000	–	5,190	–	0.03%	–
DIS	New	WALT DISNEY CO.	$397,000	–	3,792	–	0.03%	–
SCHE	New	SCHWAB EMERGING MARKET ETF	$397,000	–	15,329	–	0.03%	–
PSX	New	PHILLIPS 66	$393,000	–	3,500	–	0.03%	–
IAU	New	ISHARES GOLD TRUST	$382,000	–	31,767	–	0.03%	–
V	New	VISA INC CL A	$372,000	–	2,809	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$363,000	–	2,617	–	0.03%	–
NRK	New	NUVEEN NY AMT-FREE MUN	$367,000	–	30,000	–	0.03%	–
BMY	New	BRISTOL-MYERS	$358,000	–	6,466	–	0.03%	–
BOX	New	BOX INC CL A	$350,000	–	14,000	–	0.03%	–
LCI	New	LANNETT INC	$340,000	–	25,000	–	0.03%	–
CMI	New	CUMMINS INC	$323,000	–	2,430	–	0.02%	–
HAL	New	HALLIBURTON CO.	$322,000	–	7,147	–	0.02%	–
MOO	New	VANECK VECTORS AGRIBUSINESS	$326,000	–	5,250	–	0.02%	–
NAD	New	NUVEEN QUALITY MUNI INCOME FUN	$332,000	–	25,000	–	0.02%	–
MDLZ	New	MONDELEZ INTL	$309,000	–	7,534	–	0.02%	–
	New	BP PLC - SPONS ADR	$312,000	–	6,841	–	0.02%	–
TYG	New	TORTOISE ENERGY INFRASTRUCTURE	$301,000	–	11,285	–	0.02%	–
VBR	New	VANGUARD SMALL CAP VALUE ETF	$291,000	–	2,140	–	0.02%	–
SCHF	New	SCHWAB INTL EQUITY ETF	$276,000	–	8,345	–	0.02%	–
STND	New	STANDARD AVB FINL	$277,000	–	9,152	–	0.02%	–
CWGL	New	CRIMSON WINE GROUP LTD	$273,000	–	29,546	–	0.02%	–
LOW	New	LOWE'S COMPANIES	$277,000	–	2,900	–	0.02%	–
IWM	New	ISHARES RUSSELL 2000 INDEX	$258,000	–	1,578	–	0.02%	–
MRK	New	MERCK & CO. INC.	$254,000	–	4,191	–	0.02%	–
JCOM	New	J2 GLOBAL INC	$255,000	–	2,940	–	0.02%	–
TSLA	New	TESLA MOTORS	$250,000	–	730	–	0.02%	–
NKE	New	NIKE INC. CL B	$247,000	–	3,096	–	0.02%	–
COKE	New	COCA COLA BOTTLNG	$243,000	–	1,800	–	0.02%	–
AGN	New	ALLERGAN INC	$233,000	–	1,400	–	0.02%	–
CNO	New	CNO FINANCIAL	$232,000	–	12,200	–	0.02%	–
	New	AUTOMATIC DATA PROCESSING	$231,000	–	1,720	–	0.02%	–
VB	New	VANGUARD SMALL-CAP ETF	$237,000	–	1,521	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPP	$227,000	–	19,500	–	0.02%	–
FHI	New	FEDERATED INVS.	$218,000	–	9,337	–	0.02%	–
TIP	New	iSHARES TIPS BOND ETF	$226,000	–	2,000	–	0.02%	–
VCIT	New	VANGUARD INTER-TERM CORP BOND	$215,000	–	2,580	–	0.02%	–
PFF	New	iSHARES PREFERRED STOCK	$226,000	–	6,000	–	0.02%	–
BAC	New	BANK OF AMERICA	$205,000	–	7,260	–	0.02%	–
EDIV	New	SPDR EMERGING MARKETS DIVIDEND	$213,000	–	6,950	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETF	$211,000	–	4,400	–	0.02%	–
COP	New	CONOCOPHILLIPS	$209,000	–	3,000	–	0.02%	–
NML	New	NEUBERGER BRMN. MLP INCOME	$193,000	–	22,050	–	0.02%	–
MUI	New	BLACKROCK MUNI INTERM	$198,000	–	15,000	–	0.02%	–
RAD	New	RITE AID CORP	$173,000	–	100,000	–	0.01%	–
TEI	New	TEMPLETON EMERG. INCOME	$169,000	–	16,500	–	0.01%	–
PMO	New	PUTNAM MUNI OPPORT TRUST	$175,000	–	15,000	–	0.01%	–
THTX	New	THERATECHNOLOGIES	$144,000	–	15,000	–	0.01%	–
ISBC	New	INVESTORS BANC.	$128,000	–	10,000	–	0.01%	–
TTOO	New	T2 BIOSYSTEMS	$116,000	–	15,000	–	0.01%	–
HCRSQ	New	HI CRUSH PARTNERS LP	$118,000	–	10,000	–	0.01%	–
XCOOQ	New	EXCO RES INC	$37,000	–	572,481	–	0.00%	–
NNVC	New	NANOVIRICIDES	$26,000	–	60,000	–	0.00%	–

Q4 2017

			Value		Shares		↓ Weighting
PRGB	Exit	PROTEA BIOSCIENCES GRO	$0	–	-50,000	–	0.00%	–
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.01%	–
THTX	Exit	THERATECHNOLOGIES	$0	–	-15,000	–	-0.01%	–
FCSC	Exit	FIBROCELL SCIENCE	$0	–	-30,000	–	-0.01%	–
SWN	Exit	SOUTHWSTRN ENERGY	$0	–	-15,000	–	-0.01%	–
NLY	Exit	ANNALY CAPITAL MGMT REITreit	$0	–	-10,340	–	-0.01%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEmaster lp	$0	–	-17,050	–	-0.01%	–
STON	Exit	STONEMOR PARTNERS L.P.master lp	$0	–	-25,000	–	-0.01%	–
TWTR	Exit	TWITTER INC	$0	–	-10,245	–	-0.01%	–
INVA	Exit	INNOVIVA INC COM	$0	–	-12,807	–	-0.02%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTclosed end	$0	–	-15,000	–	-0.02%	–
TEI	Exit	TEMPLETON EMERG. INCOMEclosed end	$0	–	-16,600	–	-0.02%	–
V	Exit	VISA INC CL A	$0	–	-1,989	–	-0.02%	–
MUI	Exit	BLACKROCK MUNI INTERMclosed end	$0	–	-15,000	–	-0.02%	–
JCOM	Exit	J2 GLOBAL INC	$0	–	-2,940	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETFetf	$0	–	-4,400	–	-0.02%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.02%	–
ETN	Exit	EATON CORP	$0	–	-2,988	–	-0.02%	–
PFF	Exit	iSHARES PREFERRED STOCKetf	$0	–	-6,000	–	-0.02%	–
TIP	Exit	iSHARES TIPS BOND ETFetf	$0	–	-2,000	–	-0.02%	–
BAC	Exit	BANK OF AMERICA	$0	–	-9,710	–	-0.02%	–
TSLA	Exit	TESLA MOTORS	$0	–	-730	–	-0.02%	–
EDIV	Exit	SPDR EMERGING MARKETS DIVIDENDetf	$0	–	-7,950	–	-0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPPclosed end	$0	–	-20,500	–	-0.02%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETFetf	$0	–	-2,000	–	-0.02%	–
KEX	Exit	KIRBY CORP	$0	–	-3,972	–	-0.02%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-1,867	–	-0.02%	–
ATGE	Exit	ADTALEM GLOBAL EDUC	$0	–	-7,393	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
NRK	Exit	NUVEEN NY AMT-FREE MUNclosed end	$0	–	-20,000	–	-0.02%	–
STND	Exit	STANDARD AVB FINL	$0	–	-9,152	–	-0.02%	–
PRAA	Exit	PRA GROUP INC	$0	–	-9,476	–	-0.02%	–
SCHF	Exit	SCHWAB INTL EQUITY ETFetf	$0	–	-8,345	–	-0.02%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-6,162	–	-0.02%	–
CNO	Exit	CNO FINANCIAL	$0	–	-12,700	–	-0.02%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESSetf	$0	–	-5,250	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,534	–	-0.02%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
ACM	Exit	AECOM TECH	$0	–	-8,657	–	-0.03%	–
VNQ	Exit	VANGUARD REIT ETFreit	$0	–	-3,812	–	-0.03%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-4,800	–	-0.03%	–
	Exit	BP PLC - SPONS ADR	$0	–	-8,538	–	-0.03%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-2,768	–	-0.03%	–
SCHE	Exit	SCHWAB EMERGING MARKET ETFetf	$0	–	-12,309	–	-0.03%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-5,380	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-2,417	–	-0.03%	–
EME	Exit	EMCOR GROUP INC	$0	–	-5,190	–	-0.03%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-4,788	–	-0.03%	–
NAD	Exit	NUVEEN QUALITY MUNI INCOME FUNclosed end	$0	–	-25,000	–	-0.03%	–
IWB	Exit	ISHARES RUSSELL 1000 ETFetf	$0	–	-2,744	–	-0.03%	–
BDX	Exit	BECTON DICKINSON	$0	–	-1,950	–	-0.03%	–
IAU	Exit	ISHARES GOLD TRUSTetf	$0	–	-31,767	–	-0.03%	–
EFA	Exit	ISHARES MSCI EAFE ETFetf	$0	–	-5,789	–	-0.03%	–
HD	Exit	HOME DEPOT INC.	$0	–	-2,495	–	-0.03%	–
COKE	Exit	COCA COLA BOTTLNG	$0	–	-1,900	–	-0.03%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETFetf	$0	–	-4,218	–	-0.03%	–
CMI	Exit	CUMMINS INC	$0	–	-2,430	–	-0.03%	–
ISBC	Exit	INVESTORS BANC.	$0	–	-30,200	–	-0.03%	–
CUT	Exit	GUGGENHEIM MSCI GLOBAL TIMBERetf	$0	–	-15,000	–	-0.04%	–
IIM	Exit	INVESCO VALUE MUNI INCOMEclosed end	$0	–	-30,000	–	-0.04%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-45,000	–	-0.04%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-7,801	–	-0.04%	–
MA	Exit	MASTERCARD INC	$0	–	-3,600	–	-0.04%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,765	–	-0.04%	–
	Exit	TRISTATE CAP	$0	–	-23,950	–	-0.04%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-6,162	–	-0.05%	–
FHI	Exit	FEDERATED INVS.	$0	–	-19,140	–	-0.05%	–
EVV	Exit	EATON VANCE LIMITED DURATIONclosed end	$0	–	-40,658	–	-0.05%	–
FLEX	Exit	FLEX LTD ORD	$0	–	-35,489	–	-0.05%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETFetf	$0	–	-3,340	–	-0.05%	–
MDYV	Exit	SPDR S&P 400 MID CAP VALUEetf	$0	–	-6,325	–	-0.05%	–
SPY	Exit	SPDR S&P 500 ETFetf	$0	–	-2,549	–	-0.05%	–
ATI	Exit	ALLEGHENY TECH.	$0	–	-28,390	–	-0.06%	–
PMC	Exit	PHARMERICA	$0	–	-24,753	–	-0.06%	–
PRXL	Exit	PAREXEL INTL	$0	–	-8,277	–	-0.06%	–
HAWK	Exit	BLACKHAWK NETWORK HLDG	$0	–	-17,370	–	-0.06%	–
STWD	Exit	STARWOOD PROP.	$0	–	-35,000	–	-0.06%	–
WDC	Exit	WESTERN DIGITAL	$0	–	-8,778	–	-0.06%	–
MDRX	Exit	ALLSCRIPTS HEALTHCARE	$0	–	-54,903	–	-0.06%	–
FB	Exit	FACEBOOK	$0	–	-4,753	–	-0.07%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-10,178	–	-0.07%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-13,208	–	-0.07%	–
AMZN	Exit	AMAZON.COM	$0	–	-919	–	-0.07%	–
NVDA	Exit	NVIDIA CORP	$0	–	-5,000	–	-0.07%	–
EPD	Exit	ENTERPRISE PROD PARTNERS L.P.master lp	$0	–	-36,316	–	-0.08%	–
VNTV	Exit	VANTIV INC CL A	$0	–	-13,651	–	-0.08%	–
DDR	Exit	DDR CORPreit	$0	–	-108,000	–	-0.08%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEetf	$0	–	-8,857	–	-0.09%	–
PAA	Exit	PLAINS ALL AMER PIPELINEmaster lp	$0	–	-50,000	–	-0.09%	–
XCOOQ	Exit	EXCO RES INC	$0	–	-847,481	–	-0.09%	–
VUG	Exit	VANGUARD GROWTHetf	$0	–	-8,600	–	-0.09%	–
FMC	Exit	F M C CORP	$0	–	-13,010	–	-0.10%	–
PNC	Exit	PNC FINANCIAL	$0	–	-8,995	–	-0.10%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETFetf	$0	–	-16,436	–	-0.10%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-15,072	–	-0.10%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-52,658	–	-0.10%	–
XLK	Exit	SPDR-TECHNOLOGYetf	$0	–	-22,000	–	-0.11%	–
SCHB	Exit	SCHWAB U.S. BROAD MARKETetf	$0	–	-21,752	–	-0.11%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC.	$0	–	-13,674	–	-0.11%	–
NUV	Exit	NUVEEN MUNI VALUEclosed end	$0	–	-137,100	–	-0.12%	–
DLN	Exit	WISDOMTREE LARGECAP DIVetf	$0	–	-16,240	–	-0.12%	–
PEP	Exit	PEPSICO INC	$0	–	-13,079	–	-0.12%	–
CAT	Exit	CATERPILLAR INC	$0	–	-11,800	–	-0.12%	–
CHKP	Exit	CHECK POINT SOFTWARE	$0	–	-13,218	–	-0.12%	–
TTEK	Exit	TETRA TECH INC	$0	–	-33,252	–	-0.13%	–
BRKA	Exit	BERKSHIRE HATH A	$0	–	-6	–	-0.14%	–
GOOGL	Exit	ALPHABET A	$0	–	-1,857	–	-0.15%	–
IGSB	Exit	iSHARES BARCLAYS 1-3 YR CREDITetf	$0	–	-19,391	–	-0.17%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEetf	$0	–	-41,150	–	-0.17%	–
AR	Exit	ANTERO RES CORP	$0	–	-112,830	–	-0.18%	–
XOM	Exit	EXXON MOBIL	$0	–	-31,320	–	-0.21%	–
AGG	Exit	iSHARES CORE US AGGREGATE BONDetf	$0	–	-24,000	–	-0.22%	–
TWLO	Exit	TWILIO INC CL A	$0	–	-89,734	–	-0.22%	–
KO	Exit	COCA COLA CO	$0	–	-60,506	–	-0.22%	–
SCHO	Exit	SCHWAB S/T U.S. TREASetf	$0	–	-56,675	–	-0.23%	–
	Exit	AT&T CORP.	$0	–	-73,275	–	-0.23%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-1,075,600	–	-0.26%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDetf	$0	–	-120,015	–	-0.30%	–
GDXJ	Exit	VANECK VECTORS JR GOLD MINERSetf	$0	–	-109,600	–	-0.30%	–
ASCMA	Exit	ASCENT CAPITAL GROUP	$0	–	-285,000	–	-0.30%	–
VTV	Exit	VANGUARD VALUE INDEXetf	$0	–	-38,011	–	-0.31%	–
SHY	Exit	iSHARES 1-3 YR TREASURYetf	$0	–	-48,350	–	-0.33%	–
MDY	Exit	SPDR S&P 400 MIDCAPetf	$0	–	-13,590	–	-0.36%	–
BSV	Exit	VANGUARD S/T BONDetf	$0	–	-66,434	–	-0.43%	–
AAPL	Exit	APPLE INC	$0	–	-35,866	–	-0.45%	–
FDX	Exit	FEDEX CORP	$0	–	-29,083	–	-0.54%	–
SLB	Exit	SCHLUMBERGER	$0	–	-110,580	–	-0.63%	–
USG	Exit	USG CORP NEW	$0	–	-250,000	–	-0.67%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-231,069	–	-0.70%	–
KLXI	Exit	KLX INC	$0	–	-162,500	–	-0.70%	–
VEA	Exit	VANGUARD DEV. MARKETS ETFetf	$0	–	-208,123	–	-0.74%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALetf	$0	–	-190,000	–	-0.75%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-900,000	–	-0.85%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYetf	$0	–	-102,915	–	-0.86%	–
NSRGY	Exit	NESTLE ADR	$0	–	-129,185	–	-0.89%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-5,600,440	–	-0.89%	–
EFG	Exit	ISHARES EAFE GROWTH ETFetf	$0	–	-178,845	–	-1.13%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,575,000	–	-1.24%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETFetf	$0	–	-354,012	–	-1.26%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDetf	$0	–	-338,000	–	-1.39%	–
GDX	Exit	VANECK VECTORS GOLD MINERSetf	$0	–	-777,570	–	-1.46%	–
DISCK	Exit	DISCOVER COMM C	$0	–	-886,000	–	-1.47%	–
NUAN	Exit	NUANCE COMM.	$0	–	-1,187,500	–	-1.52%	–
VZ	Exit	VERIZON COMM.	$0	–	-416,911	–	-1.68%	–
INTC	Exit	INTEL CORP	$0	–	-586,180	–	-1.82%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-211,027	–	-1.91%	–
TWI	Exit	TITAN INTL INC	$0	–	-2,409,200	–	-2.00%	–
GLD	Exit	SPDR GOLD SHARESetf	$0	–	-202,285	–	-2.01%	–
QRTEA	Exit	LIBERTY INTERACT.	$0	–	-1,082,000	–	-2.08%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-198,002	–	-2.10%	–
JCI	Exit	JOHNSON CONTROLS	$0	–	-669,275	–	-2.20%	–
GOOG	Exit	ALPHABET C	$0	–	-28,286	–	-2.22%	–
BB	Exit	BLACKBERRY	$0	–	-2,624,000	–	-2.40%	–
CVX	Exit	CHEVRON CORP	$0	–	-269,997	–	-2.59%	–
DE	Exit	DEERE & CO	$0	–	-267,219	–	-2.74%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-185,331	–	-2.78%	–
PFE	Exit	PFIZER INC	$0	–	-1,020,672	–	-2.98%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-1,112,575	–	-3.06%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-457,681	–	-3.57%	–
GLW	Exit	CORNING, INC.	$0	–	-1,467,583	–	-3.59%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-872,011	–	-3.69%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-574,060	–	-3.81%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,174,073	–	-3.87%	–
MMM	Exit	3M COMPANY	$0	–	-227,736	–	-3.90%	–
DWDP	Exit	DOWDUPONT	$0	–	-729,807	–	-4.13%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-745,008	–	-4.53%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHetf	$0	–	-651,076	–	-6.65%	–

Q3 2017

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTHetf	$81,424,000	+3.5%	651,076	-1.5%	6.65%	-0.8%
MSFT	Sell	MICROSOFT CORP	$55,496,000	+6.0%	745,008	-1.9%	4.53%	+1.6%
DWDP	New	DOWDUPONT	$50,525,000	–	729,807	–	4.13%	–
MMM	Sell	3M COMPANY	$47,802,000	+0.7%	227,736	-0.1%	3.90%	-3.5%
GM	Sell	GENERAL MOTORS	$47,409,000	+14.4%	1,174,073	-1.0%	3.87%	+9.7%
CVS	Buy	CVS HEALTH CORP	$46,683,000	+2.7%	574,060	+1.6%	3.81%	-1.6%
QCOM	Buy	QUALCOMM INC.	$45,205,000	+1.9%	872,011	+8.5%	3.69%	-2.4%
GLW	Buy	CORNING, INC.	$43,910,000	+4.1%	1,467,583	+4.6%	3.59%	-0.2%
JPM	Sell	J.P. MORGAN CHASE	$43,713,000	+3.8%	457,681	-0.7%	3.57%	-0.5%
CSCO	Buy	CISCO SYSTEMS	$37,416,000	+10.0%	1,112,575	+2.4%	3.06%	+5.5%
PFE	Buy	PFIZER INC	$36,438,000	+6.5%	1,020,672	+0.2%	2.98%	+2.0%
BRKB	Sell	BERKSHIRE HATH B	$33,975,000	+7.9%	185,331	-0.3%	2.78%	+3.4%
DE	Sell	DEERE & CO	$33,560,000	+0.2%	267,219	-1.4%	2.74%	-4.0%
CVX	Buy	CHEVRON CORP	$31,725,000	+15.1%	269,997	+2.2%	2.59%	+10.3%
BB	Buy	BLACKBERRY	$29,336,000	+17.2%	2,624,000	+4.8%	2.40%	+12.3%
GOOG	Sell	ALPHABET C	$27,129,000	+3.9%	28,286	-1.6%	2.22%	-0.4%
JCI	New	JOHNSON CONTROLS	$26,965,000	–	669,275	–	2.20%	–
JNJ	Sell	JOHNSON&JOHNSON	$25,742,000	-3.8%	198,002	-2.1%	2.10%	-7.8%
QRTEA	Buy	LIBERTY INTERACT.	$25,503,000	-2.6%	1,082,000	+1.4%	2.08%	-6.7%
GLD	Sell	SPDR GOLD SHARESetf	$24,594,000	+2.0%	202,285	-1.0%	2.01%	-2.3%
TWI	Buy	TITAN INTL INC	$24,453,000	-15.2%	2,409,200	+0.4%	2.00%	-18.7%
PM	Sell	PHILIP MORRIS INTl.	$23,426,000	-6.2%	211,027	-0.8%	1.91%	-10.1%
INTC	Buy	INTEL CORP	$22,322,000	+13.4%	586,180	+0.5%	1.82%	+8.6%
VZ	Buy	VERIZON COMM.	$20,633,000	+14.1%	416,911	+3.0%	1.68%	+9.3%
NUAN	Buy	NUANCE COMM.	$18,667,000	-8.9%	1,187,500	+0.8%	1.52%	-12.7%
DISCK	Buy	DISCOVER COMM C	$17,950,000	-10.6%	886,000	+11.3%	1.47%	-14.3%
GDX	Buy	VANECK VECTORS GOLD MINERSetf	$17,853,000	+6.2%	777,570	+2.1%	1.46%	+1.7%
NEAR	Sell	iSHARES SHORT MATURITY BONDetf	$16,998,000	-0.6%	338,000	-0.6%	1.39%	-4.8%
VWO	Buy	VANGUARD EMERG. MARKETS ETFetf	$15,424,000	+11.2%	354,012	+4.2%	1.26%	+6.6%
LQDT	Buy	LIQUIDITY SERVICES	$15,192,000	-5.3%	2,575,000	+2.0%	1.24%	-9.2%
EFG	Buy	ISHARES EAFE GROWTH ETFetf	$13,841,000	+5.0%	178,845	+0.3%	1.13%	+0.5%
MUX	Buy	MCEWEN MNG INC	$10,921,000	-7.2%	5,600,440	+25.1%	0.89%	-11.1%
NSRGY	Buy	NESTLE ADR	$10,853,000	+28.0%	129,185	+32.9%	0.89%	+22.5%
MINT	Buy	PIMCO ENHANCED SHORT MATURITYetf	$10,477,000	+31.1%	102,915	+31.0%	0.86%	+25.7%
SHM	Sell	SPDR SHORT TERM MUNICIPALetf	$9,234,000	-0.7%	190,000	-0.9%	0.75%	-4.8%
VEA	Buy	VANGUARD DEV. MARKETS ETFetf	$9,035,000	+21.8%	208,123	+15.9%	0.74%	+16.8%
KLXI	Sell	KLX INC	$8,601,000	-40.2%	162,500	-43.5%	0.70%	-42.6%
UBSI	Buy	UNITED BANKSHARES	$8,584,000	+22.3%	231,069	+29.0%	0.70%	+17.2%
USG	Sell	USG CORP NEW	$8,162,000	-4.7%	250,000	-15.3%	0.67%	-8.6%
SLB	Buy	SCHLUMBERGER	$7,714,000	+2985.6%	110,580	+2810.0%	0.63%	+2900.0%
AAPL	Sell	APPLE INC	$5,528,000	-0.9%	35,866	-7.4%	0.45%	-4.8%
BSV	Sell	VANGUARD S/T BONDetf	$5,303,000	-1.5%	66,434	-1.5%	0.43%	-5.7%
VTV	Buy	VANGUARD VALUE INDEXetf	$3,794,000	+1467.8%	38,011	+1413.8%	0.31%	+1376.2%
SPSB	Buy	SPDR SHORT-TERM CORPORATE BONDetf	$3,681,000	+6.0%	120,015	+5.9%	0.30%	+1.7%
JAKK	Buy	JAKKS PAC INC	$3,227,000	-24.5%	1,075,600	+0.7%	0.26%	-27.5%
SCHO	Buy	SCHWAB S/T U.S. TREASetf	$2,856,000	+0.2%	56,675	+0.2%	0.23%	-4.1%
KO	Sell	COCA COLA CO	$2,723,000	-77.6%	60,506	-77.7%	0.22%	-78.6%
TWLO	Sell	TWILIO INC CL A	$2,679,000	-8.0%	89,734	-10.3%	0.22%	-11.7%
XOM	Sell	EXXON MOBIL	$2,568,000	-3.9%	31,320	-5.3%	0.21%	-7.9%
CHKP	Buy	CHECK POINT SOFTWARE	$1,507,000	+17.9%	13,218	+12.8%	0.12%	+12.8%
PEP	Sell	PEPSICO INC	$1,457,000	-3.8%	13,079	-0.2%	0.12%	-7.8%
SCHB	Sell	SCHWAB U.S. BROAD MARKETetf	$1,325,000	-0.8%	21,752	-4.8%	0.11%	-5.3%
XLK	New	SPDR-TECHNOLOGYetf	$1,300,000	–	22,000	–	0.11%	–
GE	Buy	GENERAL ELECTRIC	$1,273,000	+18.5%	52,658	+32.4%	0.10%	+13.0%
PNC	Sell	PNC FINANCIAL	$1,212,000	+6.7%	8,995	-1.1%	0.10%	+2.1%
XCOOQ	Buy	EXCO RES INC	$1,136,000	-18.7%	847,481	+60.7%	0.09%	-21.8%
PAA	Buy	PLAINS ALL AMER PIPELINEmaster lp	$1,059,000	+34.4%	50,000	+66.7%	0.09%	+28.4%
DDR	New	DDR CORPreit	$989,000	–	108,000	–	0.08%	–
HSIC	Buy	HENRY SCHEIN	$834,000	-18.5%	10,178	+82.1%	0.07%	-21.8%
MO	Sell	ALTRIA GROUP INC.	$838,000	-15.1%	13,208	-0.4%	0.07%	-19.0%
PMC	Buy	PHARMERICA	$725,000	+41.1%	24,753	+26.4%	0.06%	+34.1%
ATI	Buy	ALLEGHENY TECH.	$679,000	+51.2%	28,390	+7.6%	0.06%	+44.7%
SPY	Sell	SPDR S&P 500 ETFetf	$640,000	-83.2%	2,549	-83.8%	0.05%	-84.0%
EVV	Buy	EATON VANCE LIMITED DURATIONclosed end	$570,000	-0.5%	40,658	+0.1%	0.05%	-4.1%
FHI	Buy	FEDERATED INVS.	$568,000	+9.4%	19,140	+4.2%	0.05%	+4.5%
	Sell	TRISTATE CAP	$548,000	-29.7%	23,950	-22.6%	0.04%	-31.8%
UNH	Buy	UNITEDHEALTH GROUP	$542,000	+19.9%	2,765	+13.3%	0.04%	+12.8%
BMY	Buy	BRISTOL-MYERS	$497,000	+27.8%	7,801	+11.7%	0.04%	+24.2%
MA	Sell	MASTERCARD INC	$508,000	+15.2%	3,600	-0.8%	0.04%	+7.9%
VIG	Buy	VANGUARD DIV. APPRECIATION ETFetf	$400,000	+13.0%	4,218	+10.5%	0.03%	+10.0%
CMI	Sell	CUMMINS INC	$408,000	-62.9%	2,430	-64.1%	0.03%	-64.9%
SCHE	Buy	SCHWAB EMERGING MARKET ETFetf	$331,000	+26.8%	12,309	+17.1%	0.03%	+22.7%
	Buy	BP PLC - SPONS ADR	$328,000	+49.1%	8,538	+34.7%	0.03%	+42.1%
MOO	Sell	VANECK VECTORS AGRIBUSINESSetf	$310,000	-39.1%	5,250	-43.2%	0.02%	-41.9%
SCHF	Buy	SCHWAB INTL EQUITY ETFetf	$279,000	+21.3%	8,345	+15.2%	0.02%	+15.0%
VBR	New	VANGUARD SMALL CAP VALUE ETFetf	$256,000	–	2,000	–	0.02%	–
VTA	Buy	INVESCO DYNAMIC CREDIT OPPclosed end	$244,000	+9.9%	20,500	+10.8%	0.02%	+5.3%
EDIV	Buy	SPDR EMERGING MARKETS DIVIDENDetf	$242,000	+9.0%	7,950	+6.7%	0.02%	+5.3%
PFF	Sell	iSHARES PREFERRED STOCKetf	$233,000	-63.2%	6,000	-62.8%	0.02%	-64.8%
V	New	VISA INC CL A	$209,000	–	1,989	–	0.02%	–
TWTR	New	TWITTER INC	$173,000	–	10,245	–	0.01%	–
NLY	New	ANNALY CAPITAL MGMT REITreit	$126,000	–	10,340	–	0.01%	–
FCSC	Sell	FIBROCELL SCIENCE	$92,000	-30.3%	30,000	-8.6%	0.01%	-27.3%
SWK	Exit	STANLEY BLACK & DECKER INC.	$0	–	-1,573	–	-0.02%	–
KIO	Exit	KKR INCOME OPPORTbond	$0	–	-15,620	–	-0.02%	–
PII	Exit	POLARIS INDS	$0	–	-5,832	–	-0.05%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-4,000	–	-0.05%	–
MYGN	Exit	MYRIAD GENETICS	$0	–	-32,894	–	-0.07%	–
TGI	Exit	TRIUMPH GROUP INC	$0	–	-37,820	–	-0.10%	–
WBMD	Exit	WEBMD HEALTH	$0	–	-170,000	–	-0.85%	–
DD	Exit	DU PONT	$0	–	-574,615	–	-3.95%	–

Q2 2017

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTHmutual	$78,693,000	–	661,176	–	6.71%	–
MSFT	New	MICROSOFT CORP	$52,350,000	–	759,470	–	4.46%	–
MMM	New	3M COMPANY	$47,461,000	–	227,969	–	4.04%	–
DD	New	DU PONT	$46,377,000	–	574,615	–	3.95%	–
CVS	New	CVS HEALTH CORP	$45,452,000	–	564,900	–	3.87%	–
QCOM	New	QUALCOMM INC.	$44,370,000	–	803,517	–	3.78%	–
GLW	New	CORNING, INC.	$42,171,000	–	1,403,355	–	3.59%	–
JPM	New	J.P. MORGAN CHASE	$42,111,000	–	460,731	–	3.59%	–
GM	New	GENERAL MOTORS	$41,431,000	–	1,186,121	–	3.53%	–
PFE	New	PFIZER INC	$34,227,000	–	1,018,969	–	2.92%	–
CSCO	New	CISCO SYSTEMS	$34,007,000	–	1,086,475	–	2.90%	–
DE	New	DEERE & CO	$33,498,000	–	271,044	–	2.86%	–
BRKB	New	BERKSHIRE HATH B	$31,488,000	–	185,911	–	2.68%	–
TWI	New	TITAN INTL INC	$28,820,000	–	2,399,700	–	2.46%	–
CVX	New	CHEVRON CORP	$27,567,000	–	264,225	–	2.35%	–
JNJ	New	JOHNSON&JOHNSON	$26,749,000	–	202,201	–	2.28%	–
QRTEA	New	LIBERTY INTERACT.	$26,184,000	–	1,067,000	–	2.23%	–
GOOG	New	ALPHABET C	$26,113,000	–	28,736	–	2.23%	–
BB	New	BLACKBERRY	$25,025,000	–	2,505,000	–	2.13%	–
PM	New	PHILIP MORRIS INTl.	$24,973,000	–	212,626	–	2.13%	–
GLD	New	SPDR GOLD SHARES	$24,123,000	–	204,395	–	2.06%	–
NUAN	New	NUANCE COMM.	$20,500,000	–	1,177,500	–	1.75%	–
DISCK	New	DISCOVER COMM C	$20,075,000	–	796,300	–	1.71%	–
INTC	New	INTEL CORP	$19,684,000	–	583,416	–	1.68%	–
VZ	New	VERIZON COMM.	$18,083,000	–	404,911	–	1.54%	–
NEAR	New	iSHARES SHORT MATURITY BONDbond	$17,102,000	–	340,200	–	1.46%	–
GDX	New	VANECK VECTORS GOLD MINERSmutual	$16,815,000	–	761,570	–	1.43%	–
LQDT	New	LIQUIDITY SERVICES	$16,034,000	–	2,525,000	–	1.37%	–
KLXI	New	KLX INC	$14,375,000	–	287,500	–	1.22%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$13,868,000	–	339,662	–	1.18%	–
EFG	New	ISHARES EAFE GROWTH ETF	$13,183,000	–	178,245	–	1.12%	–
KO	New	COCA COLA CO	$12,181,000	–	271,595	–	1.04%	–
MUX	New	MCEWEN MNG INC	$11,770,000	–	4,475,440	–	1.00%	–
HALL	New	HALLMARK FINL SVCS INC	$10,143,000	–	900,000	–	0.86%	–
WBMD	New	WEBMD HEALTH	$9,970,000	–	170,000	–	0.85%	–
SHM	New	SPDR SHORT TERM MUNICIPALtax-free	$9,297,000	–	191,700	–	0.79%	–
USG	New	USG CORP NEW	$8,561,000	–	295,000	–	0.73%	–
NSRGY	New	NESTLE ADR	$8,479,000	–	97,235	–	0.72%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYbond	$7,990,000	–	78,545	–	0.68%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$7,418,000	–	179,523	–	0.63%	–
UBSI	New	UNITED BANKSHARES	$7,020,000	–	179,069	–	0.60%	–
FDX	New	FEDEX CORP	$6,321,000	–	29,083	–	0.54%	–
AAPL	New	APPLE INC	$5,578,000	–	38,730	–	0.48%	–
BSV	New	VANGUARD S/T BONDbond	$5,385,000	–	67,434	–	0.46%	–
ASCMA	New	ASCENT CAPITAL GROUP	$4,378,000	–	285,000	–	0.37%	–
MDY	New	SPDR S&P 400 MIDCAPmutual	$4,316,000	–	13,590	–	0.37%	–
JAKK	New	JAKKS PAC INC	$4,272,000	–	1,068,100	–	0.36%	–
SHY	New	iSHARES 1-3 YR TREASURYbond	$4,085,000	–	48,350	–	0.35%	–
SPY	New	SPDR S&P 500 ETFmutual	$3,808,000	–	15,749	–	0.32%	–
GDXJ	New	VANECK VECTORS JR GOLD MINERSmutual	$3,658,000	–	109,600	–	0.31%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDbond	$3,474,000	–	113,365	–	0.30%	–
TWLO	New	TWILIO INC CL A	$2,913,000	–	100,084	–	0.25%	–
SCHO	New	SCHWAB S/T U.S. TREASbond	$2,851,000	–	56,550	–	0.24%	–
	New	AT&T CORP.	$2,765,000	–	73,275	–	0.24%	–
XOM	New	EXXON MOBIL	$2,671,000	–	33,082	–	0.23%	–
AGG	New	iSHARES CORE US AGGREGATE BONDbond	$2,628,000	–	24,000	–	0.22%	–
AR	New	ANTERO RES CORP	$2,438,000	–	112,830	–	0.21%	–
FLOT	New	ISHARES FLOATING RATE NOTEbond	$2,095,000	–	41,150	–	0.18%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDITbond	$2,042,000	–	19,391	–	0.17%	–
GOOGL	New	ALPHABET A	$1,726,000	–	1,857	–	0.15%	–
BRKA	New	BERKSHIRE HATH A	$1,528,000	–	6	–	0.13%	–
TTEK	New	TETRA TECH INC	$1,521,000	–	33,252	–	0.13%	–
PEP	New	PEPSICO INC	$1,514,000	–	13,109	–	0.13%	–
ABC	New	AMERISOURCEBERGEN	$1,425,000	–	15,072	–	0.12%	–
XCOOQ	New	EXCO RES INC	$1,398,000	–	527,434	–	0.12%	–
NUV	New	NUVEEN MUNI VALUEtax-free	$1,366,000	–	137,100	–	0.12%	–
DLN	New	WISDOMTREE LARGECAP DIVmutual	$1,365,000	–	16,240	–	0.12%	–
SCHB	New	SCHWAB U.S. BROAD MARKETmutual	$1,336,000	–	22,852	–	0.11%	–
SWKS	New	SKYWORKS SOLUTIONS INC.	$1,312,000	–	13,674	–	0.11%	–
CHKP	New	CHECK POINT SOFTWARE T ORD	$1,278,000	–	11,718	–	0.11%	–
CAT	New	CATERPILLAR INC	$1,268,000	–	11,800	–	0.11%	–
TGI	New	TRIUMPH GROUP INC	$1,195,000	–	37,820	–	0.10%	–
IJR	New	ISHARES S&P SMALL-CAP ETFmutual	$1,152,000	–	16,436	–	0.10%	–
PNC	New	PNC FINANCIAL	$1,136,000	–	9,095	–	0.10%	–
CMI	New	CUMMINS INC	$1,099,000	–	6,775	–	0.09%	–
VUG	New	VANGUARD GROWTHmutual	$1,093,000	–	8,600	–	0.09%	–
GE	New	GENERAL ELECTRIC	$1,074,000	–	39,763	–	0.09%	–
IWD	New	iSHARES RUSSELL 1000 VALUEmutual	$1,031,000	–	8,857	–	0.09%	–
HSIC	New	HENRY SCHEIN	$1,023,000	–	5,590	–	0.09%	–
EPD	New	ENTERPRISE PROD PARTNERS L.P.master lp	$983,000	–	36,316	–	0.08%	–
MO	New	ALTRIA GROUP INC.	$987,000	–	13,258	–	0.08%	–
FMC	New	F M C CORP	$950,000	–	13,010	–	0.08%	–
AMZN	New	AMAZON.COM	$890,000	–	919	–	0.08%	–
VNTV	New	VANTIV INC CL A	$865,000	–	13,651	–	0.07%	–
MYGN	New	MYRIAD GENETICS	$850,000	–	32,894	–	0.07%	–
STWD	New	STARWOOD PROP.	$784,000	–	35,000	–	0.07%	–
PAA	New	PLAINS ALL AMER PIPELINEmaster lp	$788,000	–	30,000	–	0.07%	–
WDC	New	WESTERN DIGITAL	$778,000	–	8,778	–	0.07%	–
	New	TRISTATE CAP	$780,000	–	30,950	–	0.07%	–
HAWK	New	BLACKHAWK NETWORK HLDG	$757,000	–	17,370	–	0.06%	–
NVDA	New	NVIDIA CORP	$723,000	–	5,000	–	0.06%	–
PRXL	New	PAREXEL INTL	$719,000	–	8,277	–	0.06%	–
FB	New	FACEBOOK	$718,000	–	4,753	–	0.06%	–
MDRX	New	ALLSCRIPTS HEALTHCARE	$701,000	–	54,903	–	0.06%	–
PFF	New	iSHARES PREFERRED STOCKmutual	$633,000	–	16,150	–	0.05%	–
MDYV	New	SPDR S&P 400 MID CAP VALUEmutual	$609,000	–	6,325	–	0.05%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFmutual	$581,000	–	3,340	–	0.05%	–
FLEX	New	FLEX LTD ORD	$579,000	–	35,489	–	0.05%	–
EVV	New	EATON VANCE LIMITED DURATIONbond	$573,000	–	40,617	–	0.05%	–
PG	New	PROCTER & GAMBLE	$537,000	–	6,162	–	0.05%	–
PII	New	POLARIS INDS	$538,000	–	5,832	–	0.05%	–
WYNN	New	WYNN RESORTS LTD	$536,000	–	4,000	–	0.05%	–
PMC	New	PHARMERICA	$514,000	–	19,586	–	0.04%	–
FHI	New	FEDERATED INVS.	$519,000	–	18,367	–	0.04%	–
MOO	New	VANECK VECTORS AGRIBUSINESS	$509,000	–	9,250	–	0.04%	–
CWGL	New	CRIMSON WINE GROUP LTD	$482,000	–	45,000	–	0.04%	–
IIM	New	INVESCO VALUE MUNI INCOMEtax-free	$455,000	–	30,000	–	0.04%	–
UNH	New	UNITEDHEALTH GROUP	$452,000	–	2,440	–	0.04%	–
ATI	New	ALLEGHENY TECH.	$449,000	–	26,390	–	0.04%	–
MA	New	MASTERCARD INC	$441,000	–	3,630	–	0.04%	–
COKE	New	COCA COLA BOTTLNG	$435,000	–	1,900	–	0.04%	–
CUT	New	GUGGENHEIM MSCI GLOBAL TIMBER	$429,000	–	15,000	–	0.04%	–
ISBC	New	INVESTORS BANC.	$403,000	–	30,200	–	0.03%	–
HD	New	HOME DEPOT INC.	$383,000	–	2,495	–	0.03%	–
BMY	New	BRISTOL-MYERS	$389,000	–	6,984	–	0.03%	–
IWB	New	ISHARES RUSSELL 1000 ETFmutual	$371,000	–	2,744	–	0.03%	–
BDX	New	BECTON DICKINSON	$380,000	–	1,950	–	0.03%	–
IAU	New	ISHARES GOLD TRUST	$379,000	–	31,767	–	0.03%	–
EFA	New	ISHARES MSCI EAFE ETF	$377,000	–	5,789	–	0.03%	–
PRAA	New	PRA GROUP INC	$359,000	–	9,476	–	0.03%	–
CL	New	COLGATE PALMOLIVE CO	$355,000	–	4,788	–	0.03%	–
VIG	New	VANGUARD DIV. APPRECIATION ETFmutual	$354,000	–	3,818	–	0.03%	–
FFIV	New	F5 NETWORKS INC	$352,000	–	2,768	–	0.03%	–
NAD	New	NUVEEN QUALITY MUNI INCOME FUNtax-free	$351,000	–	25,000	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$346,000	–	2,417	–	0.03%	–
EME	New	EMCOR GROUP INC	$339,000	–	5,190	–	0.03%	–
MRK	New	MERCK & CO. INC.	$345,000	–	5,380	–	0.03%	–
MDLZ	New	MONDELEZ INTL	$325,000	–	7,534	–	0.03%	–
VNQ	New	VANGUARD REIT ETFmutual	$317,000	–	3,812	–	0.03%	–
RSG	New	REPUBLIC SVCS INC	$306,000	–	4,800	–	0.03%	–
PSX	New	PHILLIPS 66	$289,000	–	3,500	–	0.02%	–
ACM	New	AECOM TECH	$280,000	–	8,657	–	0.02%	–
ATGE	New	ADTALEM GLOBAL EDUC	$281,000	–	7,393	–	0.02%	–
IBM	New	INTL. BUS. MACHINES	$287,000	–	1,867	–	0.02%	–
KIO	New	KKR INCOME OPPORTbond	$273,000	–	15,620	–	0.02%	–
TSLA	New	TESLA MOTORS	$264,000	–	730	–	0.02%	–
CNO	New	CNO FINANCIAL	$265,000	–	12,700	–	0.02%	–
KEX	New	KIRBY CORP	$266,000	–	3,972	–	0.02%	–
NRK	New	NUVEEN NY AMT-FREE MUNtax-free	$262,000	–	20,000	–	0.02%	–
BOX	New	BOX INC CL A	$255,000	–	14,000	–	0.02%	–
SCHE	New	SCHWAB EMERGING MARKET ETF	$261,000	–	10,509	–	0.02%	–
STND	New	STANDARD AVB FINL CORP COM	$259,000	–	9,152	–	0.02%	–
HAL	New	HALLIBURTON CO.	$263,000	–	6,162	–	0.02%	–
VTV	New	VANGUARD VALUE INDEXmutual	$242,000	–	2,511	–	0.02%	–
JCOM	New	J2 GLOBAL INC	$250,000	–	2,940	–	0.02%	–
SLB	New	SCHLUMBERGER	$250,000	–	3,800	–	0.02%	–
BAC	New	BANK OF AMERICA	$236,000	–	9,710	–	0.02%	–
SCHF	New	SCHWAB INTL EQUITY ETF	$230,000	–	7,245	–	0.02%	–
ETN	New	EATON CORP	$233,000	–	2,988	–	0.02%	–
STON	New	STONEMOR PARTNERS L.P.master lp	$236,000	–	25,000	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPPbond	$222,000	–	18,500	–	0.02%	–
	New	BP PLC - SPONS ADR	$220,000	–	6,338	–	0.02%	–
SWK	New	STANLEY BLACK & DECKER INC.	$221,000	–	1,573	–	0.02%	–
LOW	New	LOWE'S COMPANIES	$225,000	–	2,900	–	0.02%	–
TIP	New	iSHARES TIPS BOND ETFbond	$227,000	–	2,000	–	0.02%	–
EDIV	New	SPDR EMERGING MARKETS DIVIDEND	$222,000	–	7,450	–	0.02%	–
MUI	New	BLACKROCK MUNI INTERMtax-free	$211,000	–	15,000	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETFtax-free	$214,000	–	4,400	–	0.02%	–
TEI	New	TEMPLETON EMERG. INCOMEintl bond	$186,000	–	16,600	–	0.02%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTtax-free	$187,000	–	15,000	–	0.02%	–
INVA	New	INNOVIVA INC COM	$164,000	–	12,807	–	0.01%	–
NML	New	NEUBERGER BRMN. MLP INCOMEmutual	$164,000	–	17,050	–	0.01%	–
FCSC	New	FIBROCELL SCIENCE	$132,000	–	32,834	–	0.01%	–
SWN	New	SOUTHWSTRN ENERGY	$91,000	–	15,000	–	0.01%	–
THTX	New	THERATECHNOLOGIES	$99,000	–	15,000	–	0.01%	–
NNVC	New	NANOVIRICIDES	$81,000	–	60,000	–	0.01%	–
PRGB	New	PROTEA BIOSCIENCES GRO	$4,000	–	50,000	–	0.00%	–

Q4 2016

			Value		Shares		↓ Weighting
MNKD	Exit	MANNKIND CORP	$0	–	-10,000	–	-0.00%	–
PRGB	Exit	PROTEA BIOSCIENCES GRO	$0	–	-50,000	–	-0.00%	–
THTX	Exit	THERATECHNOLOGIES	$0	–	-15,000	–	-0.00%	–
FCSC	Exit	FIBROCELL SCIENCE	$0	–	-98,500	–	-0.01%	–
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.01%	–
ISBC	Exit	INVESTORS BANCORP	$0	–	-10,000	–	-0.01%	–
AA	Exit	ALCOA, INC.	$0	–	-16,354	–	-0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPPbond	$0	–	-15,500	–	-0.02%	–
PEY	Exit	POWERSHARES HIGH DIV. ACHIEVERmutual	$0	–	-12,000	–	-0.02%	–
MYF	Exit	BLACKROCK MUNIYIELD INV FUNDtax-free	$0	–	-11,800	–	-0.02%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTtax-free	$0	–	-15,000	–	-0.02%	–
LOW	Exit	LOWE'S COMPANIES	$0	–	-2,900	–	-0.02%	–
AVLY	Exit	ALLEGHENY VY BANCORP	$0	–	-4,378	–	-0.02%	–
SWK	Exit	STANLEY BLACK & DECKER INC.	$0	–	-1,720	–	-0.02%	–
SWN	Exit	SOUTHWSTRN ENERGY	$0	–	-15,000	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETFtax-free	$0	–	-4,400	–	-0.02%	–
CNO	Exit	CNO FINANCIAL	$0	–	-14,200	–	-0.02%	–
BOX	Exit	BOX INC CL A	$0	–	-14,000	–	-0.02%	–
VTV	Exit	VANGUARD VALUE INDEXmutual	$0	–	-2,500	–	-0.02%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,338	–	-0.02%	–
RSG	Exit	REPUBLIC SVCS INC	$0	–	-4,800	–	-0.02%	–
TIP	Exit	iSHARES TIPS BOND ETFbond	$0	–	-2,035	–	-0.02%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-3,137	–	-0.02%	–
NML	Exit	NEUBERGER BRMN. MLP INCOMEmutual	$0	–	-26,550	–	-0.02%	–
VIG	Exit	VANGUARD DIV. APPRECIATION ETFmutual	$0	–	-3,073	–	-0.03%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS ETF	$0	–	-7,281	–	-0.03%	–
KIO	Exit	KKR INCOME OPPORTbond	$0	–	-16,620	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
COKE	Exit	COCA COLA BOTTLNG	$0	–	-1,900	–	-0.03%	–
HD	Exit	HOME DEPOT INC.	$0	–	-2,270	–	-0.03%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-1,924	–	-0.03%	–
LNKD	Exit	LINKEDIN	$0	–	-1,600	–	-0.03%	–
VNQ	Exit	VANGUARD REIT ETFmutual	$0	–	-3,745	–	-0.03%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,534	–	-0.03%	–
NVDA	Exit	NVIDIA CORP	$0	–	-5,000	–	-0.03%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-5,454	–	-0.03%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,440	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-2,938	–	-0.04%	–
BDX	Exit	BECTON DICKINSON	$0	–	-1,950	–	-0.04%	–
CL	Exit	COLGATE PALMOLIVE CO	$0	–	-4,788	–	-0.04%	–
CUT	Exit	GUGGENHEIM MSCI GLOBAL TIMBER	$0	–	-15,000	–	-0.04%	–
MA	Exit	MASTERCARD INC	$0	–	-3,600	–	-0.04%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-6,914	–	-0.04%	–
IAU	Exit	ISHARES GOLD TRUST	$0	–	-31,034	–	-0.04%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-8,662	–	-0.04%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-45,000	–	-0.04%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-4,000	–	-0.04%	–
NUV	Exit	NUVEEN MUNI VALUEtax-free	$0	–	-38,000	–	-0.04%	–
VTI	Exit	VANGUARD TOTAL STOCK MARKETmutual	$0	–	-3,739	–	-0.04%	–
MOO	Exit	VANECK VECTORS AGRIBUSINESS	$0	–	-9,450	–	-0.05%	–
PEP	Exit	PEPSICO INC	$0	–	-4,284	–	-0.05%	–
IJR	Exit	ISHARES S&P SMALL-CAP ETFmutual	$0	–	-3,845	–	-0.05%	–
ATI	Exit	ALLEGHENY TECH.	$0	–	-26,390	–	-0.05%	–
EFA	Exit	ISHARES MSCI EAFE ETF	$0	–	-8,060	–	-0.05%	–
FHI	Exit	FEDERATED INVS.	$0	–	-16,897	–	-0.05%	–
DWX	Exit	SPDR S&P INTL. DIVIDEND	$0	–	-13,700	–	-0.05%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETFmutual	$0	–	-3,340	–	-0.05%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-6,162	–	-0.06%	–
PMC	Exit	PHARMERICA	$0	–	-19,586	–	-0.06%	–
EVV	Exit	EATON VANCE LIMITED DURATIONbond	$0	–	-40,493	–	-0.06%	–
SPY	Exit	SPDR S&P 500 ETFmutual	$0	–	-2,522	–	-0.06%	–
SSW	Exit	SEASPAN	$0	–	-45,000	–	-0.06%	–
FB	Exit	FACEBOOK	$0	–	-4,740	–	-0.06%	–
PFF	Exit	iSHARES PREFERRED STOCKmutual	$0	–	-16,150	–	-0.06%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-22,508	–	-0.07%	–
AMZN	Exit	AMAZON.COM	$0	–	-919	–	-0.08%	–
STWD	Exit	STARWOOD PROP.	$0	–	-35,000	–	-0.08%	–
PNC	Exit	PNC FINANCIAL	$0	–	-9,195	–	-0.08%	–
	Exit	TRISTATE CAP HLDGS INC	$0	–	-57,084	–	-0.09%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-5,645	–	-0.09%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-14,731	–	-0.09%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEmutual	$0	–	-8,857	–	-0.09%	–
IWB	Exit	ISHARES RUSSELL 1000 ETFmutual	$0	–	-8,355	–	-0.10%	–
CAT	Exit	CATERPILLAR INC	$0	–	-13,500	–	-0.12%	–
AAPL	Exit	APPLE INC	$0	–	-10,794	–	-0.12%	–
BRKA	Exit	BERKSHIRE HATH A	$0	–	-6	–	-0.13%	–
GOOGL	Exit	ALPHABET A	$0	–	-1,807	–	-0.14%	–
DLN	Exit	WISDOMTREE LARGECAP DIVmutual	$0	–	-19,540	–	-0.15%	–
GOOG	Exit	ALPHABET C	$0	–	-1,999	–	-0.16%	–
IGSB	Exit	iSHARES BARCLAYS 1-3 YR CREDITbond	$0	–	-19,391	–	-0.20%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEbond	$0	–	-41,150	–	-0.21%	–
XCO	Exit	EXCO RES INC	$0	–	-1,983,000	–	-0.21%	–
AGG	Exit	iSHARES CORE US AGGREGATE BONDbond	$0	–	-24,000	–	-0.27%	–
SCHO	Exit	SCHWAB S/T U.S. TREASbond	$0	–	-54,650	–	-0.28%	–
XOM	Exit	EXXON MOBIL	$0	–	-33,242	–	-0.29%	–
	Exit	AT&T CORP.	$0	–	-74,780	–	-0.30%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDbond	$0	–	-100,115	–	-0.31%	–
MDY	Exit	SPDR S&P 400 MIDCAPmutual	$0	–	-13,300	–	-0.38%	–
AR	Exit	ANTERO RES CORP	$0	–	-145,167	–	-0.39%	–
VEA	Exit	VANGUARD DEV. MARKETS ETF	$0	–	-106,720	–	-0.40%	–
SHY	Exit	iSHARES 1-3 YR TREASURYbond	$0	–	-51,480	–	-0.44%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYbond	$0	–	-49,320	–	-0.50%	–
FDX	Exit	FEDEX CORP	$0	–	-29,083	–	-0.51%	–
ASCMA	Exit	ASCENT CAPITAL GROUP	$0	–	-285,000	–	-0.66%	–
KLXI	Exit	KLX INC	$0	–	-232,500	–	-0.82%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-222,069	–	-0.84%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-1,018,100	–	-0.88%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALtax-free	$0	–	-180,250	–	-0.88%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-900,000	–	-0.92%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETF	$0	–	-257,767	–	-0.97%	–
USG	Exit	USG CORP NEW	$0	–	-415,000	–	-1.07%	–
FCX	Exit	FREEPORT-MCMORAN	$0	–	-1,057,305	–	-1.15%	–
EFG	Exit	ISHARES EAFE GROWTH ETF	$0	–	-170,630	–	-1.16%	–
NBR	Exit	NABORS INDUSTRIES	$0	–	-960,800	–	-1.17%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP-SER A	$0	–	-600,000	–	-1.20%	–
KO	Exit	COCA COLA CO	$0	–	-303,723	–	-1.28%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-3,715,440	–	-1.36%	–
GDX	Exit	VANECK VECTORS GOLD MINERSmutual	$0	–	-554,715	–	-1.46%	–
GLD	Exit	SPDR GOLD SHARES	$0	–	-119,038	–	-1.49%	–
BB	Exit	BLACKBERRY	$0	–	-2,090,900	–	-1.67%	–
VZ	Exit	VERIZON COMM.	$0	–	-326,716	–	-1.70%	–
NUAN	Exit	NUANCE COMM.	$0	–	-1,178,400	–	-1.71%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDbond	$0	–	-360,900	–	-1.81%	–
DISCK	Exit	DISCOVER COMM C	$0	–	-697,500	–	-1.83%	–
INTC	Exit	INTEL CORP	$0	–	-556,730	–	-2.10%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-221,292	–	-2.15%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-189,254	–	-2.23%	–
TWI	Exit	TITAN INTL INC	$0	–	-2,264,150	–	-2.29%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-2,065,000	–	-2.32%	–
CVX	Exit	CHEVRON CORP	$0	–	-244,239	–	-2.51%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-178,160	–	-2.57%	–
DE	Exit	DEERE & CO	$0	–	-306,840	–	-2.62%	–
FDML	Exit	FEDERAL MOGUL HOLDINGS	$0	–	-2,749,000	–	-2.64%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-430,181	–	-2.86%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-997,705	–	-3.16%	–
PFE	Exit	PFIZER INC	$0	–	-954,477	–	-3.23%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-378,090	–	-3.36%	–
GLW	Exit	CORNING, INC.	$0	–	-1,450,163	–	-3.42%	–
GM	Exit	GENERAL MOTORS	$0	–	-1,172,045	–	-3.72%	–
DD	Exit	DU PONT	$0	–	-563,115	–	-3.76%	–
MMM	Exit	3M COMPANY	$0	–	-233,454	–	-4.11%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-752,688	–	-4.33%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-715,648	–	-4.90%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHmutual	$0	–	-709,541	–	-7.38%	–

Q3 2016

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTHmutual	$73,913,000	+1.8%	709,541	-2.0%	7.38%	-3.0%
QCOM	Buy	QUALCOMM INC.	$49,022,000	+27.9%	715,648	+0.0%	4.90%	+22.0%
MSFT	Sell	MICROSOFT CORP	$43,355,000	+11.2%	752,688	-1.2%	4.33%	+6.1%
MMM	Sell	3M COMPANY	$41,142,000	-0.6%	233,454	-1.2%	4.11%	-5.2%
GM	Buy	GENERAL MOTORS	$37,236,000	+12.4%	1,172,045	+0.2%	3.72%	+7.2%
GLW	Sell	CORNING, INC.	$34,296,000	+15.2%	1,450,163	-0.3%	3.42%	+9.8%
CVS	Buy	CVS HEALTH CORP	$33,646,000	-3.3%	378,090	+4.1%	3.36%	-7.8%
PFE	Buy	PFIZER INC	$32,328,000	-3.3%	954,477	+0.5%	3.23%	-7.8%
CSCO	Sell	CISCO SYSTEMS	$31,647,000	+10.3%	997,705	-0.2%	3.16%	+5.2%
JPM	Buy	J.P. MORGAN CHASE	$28,646,000	+7.5%	430,181	+0.3%	2.86%	+2.5%
FDML	Buy	FEDERAL MOGUL HOLDINGS	$26,418,000	+17.4%	2,749,000	+1.5%	2.64%	+11.9%
DE	Sell	DEERE & CO	$26,189,000	-2.6%	306,840	-7.5%	2.62%	-7.1%
BRKB	Sell	BERKSHIRE HATH B	$25,739,000	-0.9%	178,160	-0.7%	2.57%	-5.5%
CVX	Buy	CHEVRON CORP	$25,137,000	-1.7%	244,239	+0.1%	2.51%	-6.3%
TWI	Sell	TITAN INTL INC	$22,913,000	+63.0%	2,264,150	-0.1%	2.29%	+55.4%
JNJ	Sell	JOHNSON&JOHNSON	$22,357,000	-2.9%	189,254	-0.3%	2.23%	-7.4%
PM	Sell	PHILIP MORRIS INTl.	$21,514,000	-4.9%	221,292	-0.5%	2.15%	-9.3%
INTC	Sell	INTEL CORP	$21,017,000	+14.5%	556,730	-0.5%	2.10%	+9.2%
NEAR	Sell	iSHARES SHORT MATURITY BONDbond	$18,114,000	-0.2%	360,900	-0.2%	1.81%	-4.8%
NUAN	Sell	NUANCE COMM.	$17,087,000	-7.5%	1,178,400	-0.3%	1.71%	-11.8%
VZ	Buy	VERIZON COMM.	$16,983,000	-6.5%	326,716	+0.4%	1.70%	-10.9%
BB	Buy	BLACKBERRY	$16,685,000	+19.3%	2,090,900	+0.4%	1.67%	+13.8%
GLD	Sell	SPDR GOLD SHARES	$14,956,000	-0.7%	119,038	-0.1%	1.49%	-5.3%
GDX	Sell	VANECK VECTORS GOLD MINERSmutual	$14,661,000	-5.3%	554,715	-0.7%	1.46%	-9.7%
MUX	Sell	MCEWEN MNG INC	$13,636,000	-13.3%	3,715,440	-9.1%	1.36%	-17.3%
KO	Sell	COCA COLA CO	$12,854,000	-7.6%	303,723	-1.0%	1.28%	-11.9%
QRTEA	Buy	LIBERTY INTERACTIVE CORP-SER A	$12,006,000	-16.6%	600,000	+5.7%	1.20%	-20.4%
NBR	Sell	NABORS INDUSTRIES	$11,683,000	+20.4%	960,800	-0.5%	1.17%	+14.9%
EFG	Buy	ISHARES EAFE GROWTH ETF	$11,668,000	+4.8%	170,630	+0.2%	1.16%	-0.1%
FCX	Buy	FREEPORT-MCMORAN	$11,482,000	+28.1%	1,057,305	+31.4%	1.15%	+22.2%
VWO	Buy	VANGUARD EMERG. MARKETS ETF	$9,700,000	+6.9%	257,767	+0.1%	0.97%	+2.0%
SHM	Sell	SPDR SHORT TERM MUNICIPALtax-free	$8,805,000	-2.5%	180,250	-2.0%	0.88%	-7.0%
KLXI	Buy	KLX INC	$8,184,000	+14.5%	232,500	+0.9%	0.82%	+9.2%
MINT	Sell	PIMCO ENHANCED SHORT MATURITYbond	$5,002,000	-2.7%	49,320	-3.0%	0.50%	-7.2%
SHY	Sell	iSHARES 1-3 YR TREASURYbond	$4,378,000	-3.2%	51,480	-2.9%	0.44%	-7.8%
VEA	Buy	VANGUARD DEV. MARKETS ETF	$3,992,000	+6.0%	106,720	+0.2%	0.40%	+1.3%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BONDbond	$3,081,000	-0.3%	100,115	-0.3%	0.31%	-4.9%
	Sell	AT&T CORP.	$3,037,000	-6.5%	74,780	-0.5%	0.30%	-10.9%
XOM	Sell	EXXON MOBIL	$2,901,000	-7.9%	33,242	-1.1%	0.29%	-12.1%
SCHO	Buy	SCHWAB S/T U.S. TREASbond	$2,776,000	+5.4%	54,650	+5.7%	0.28%	+0.4%
AGG	Sell	iSHARES CORE US AGGREGATE BONDbond	$2,698,000	-0.9%	24,000	-0.7%	0.27%	-5.6%
DLN	Sell	WISDOMTREE LARGECAP DIVmutual	$1,504,000	-4.7%	19,540	-6.2%	0.15%	-9.1%
AAPL	Sell	APPLE INC	$1,220,000	-67.4%	10,794	-72.4%	0.12%	-68.9%
IWB	Buy	ISHARES RUSSELL 1000 ETFmutual	$1,006,000	+119.2%	8,355	+112.6%	0.10%	+108.3%
MO	Buy	ALTRIA GROUP INC.	$931,000	-7.2%	14,731	+1.3%	0.09%	-11.4%
	Buy	TRISTATE CAP HLDGS INC	$922,000	+148.5%	57,084	+111.4%	0.09%	+135.9%
GE	Sell	GENERAL ELECTRIC	$667,000	-16.8%	22,508	-11.7%	0.07%	-20.2%
EVV	Buy	EATON VANCE LIMITED DURATIONbond	$555,000	+2.0%	40,493	+0.1%	0.06%	-3.5%
SPY	Buy	SPDR S&P 500 ETFmutual	$546,000	+4.2%	2,522	+0.9%	0.06%	0.0%
PG	Sell	PROCTER & GAMBLE	$553,000	-3.0%	6,162	-8.5%	0.06%	-8.3%
PMC	Buy	PHARMERICA	$550,000	+54.1%	19,586	+35.4%	0.06%	+48.6%
IJH	Buy	ISHARES CORE S&P MID-CAP ETFmutual	$517,000	+152.2%	3,340	+143.8%	0.05%	+147.6%
FHI	Buy	FEDERATED INVS.	$501,000	+96.5%	16,897	+91.0%	0.05%	+85.2%
IJR	Buy	ISHARES S&P SMALL-CAP ETFmutual	$477,000	+25.9%	3,845	+17.8%	0.05%	+20.0%
EFA	Buy	ISHARES MSCI EAFE ETF	$477,000	+65.1%	8,060	+55.6%	0.05%	+60.0%
PEP	Sell	PEPSICO INC	$466,000	-7.2%	4,284	-9.5%	0.05%	-11.3%
VTI	Buy	VANGUARD TOTAL STOCK MARKETmutual	$416,000	+5.3%	3,739	+444.3%	0.04%	+2.4%
IAU	Buy	ISHARES GOLD TRUST	$394,000	+2.9%	31,034	+3.4%	0.04%	-2.5%
MA	Sell	MASTERCARD INC	$366,000	-1.1%	3,600	-14.3%	0.04%	-5.1%
BMY	Buy	BRISTOL-MYERS	$373,000	-24.2%	6,914	+3.4%	0.04%	-28.8%
CL	Sell	COLGATE PALMOLIVE CO	$355,000	-9.4%	4,788	-10.5%	0.04%	-14.6%
VNQ	Buy	VANGUARD REIT ETFmutual	$325,000	0.0%	3,745	+2.1%	0.03%	-5.9%
IBM	Buy	INTL. BUS. MACHINES	$306,000	+6.2%	1,924	+1.4%	0.03%	+3.3%
KIO	Sell	KKR INCOME OPPORTbond	$266,000	+3.9%	16,620	-2.4%	0.03%	0.0%
EEM	New	ISHARES MSCI EMERGING MKTS ETF	$273,000	–	7,281	–	0.03%	–
VIG	Buy	VANGUARD DIV. APPRECIATION ETFmutual	$258,000	+5.7%	3,073	+5.0%	0.03%	0.0%
ABC	Sell	AMERISOURCEBERGEN	$253,000	-10.3%	3,137	-11.6%	0.02%	-16.7%
TIP	Buy	iSHARES TIPS BOND ETFbond	$237,000	+1.7%	2,035	+1.8%	0.02%	0.0%
RSG	Sell	REPUBLIC SVCS INC	$242,000	-17.1%	4,800	-15.8%	0.02%	-22.6%
	Buy	BP PLC - SPONS ADR	$223,000	+0.5%	6,338	+1.6%	0.02%	-4.3%
LOW	Sell	LOWE'S COMPANIES	$209,000	-24.5%	2,900	-17.1%	0.02%	-27.6%
AVLY	New	ALLEGHENY VY BANCORP	$209,000	–	4,378	–	0.02%	–
SWK	New	STANLEY BLACK & DECKER INC.	$212,000	–	1,720	–	0.02%	–
MYF	Sell	BLACKROCK MUNIYIELD INV FUNDtax-free	$199,000	-5.2%	11,800	-5.6%	0.02%	-9.1%
PMO	Sell	PUTNAM MUNI OPPORT TRUSTtax-free	$200,000	-6.5%	15,000	-6.2%	0.02%	-9.1%
PEY	Sell	POWERSHARES HIGH DIV. ACHIEVERmutual	$191,000	-5.4%	12,000	-7.7%	0.02%	-9.5%
AA	Sell	ALCOA, INC.	$166,000	+1.8%	16,354	-6.8%	0.02%	0.0%
ISBC	New	INVESTORS BANCORP	$120,000	–	10,000	–	0.01%	–
PRGB	New	PROTEA BIOSCIENCES GRO	$6,000	–	50,000	–	0.00%	–
HK	Exit	HALCON RES CORP	$0	–	-36,000	–	-0.00%	–
ETN	Exit	EATON CORP	$0	–	-3,550	–	-0.02%	–
SLB	Exit	SCHLUMBERGER	$0	–	-2,900	–	-0.02%	–
BCE	Exit	BCE INC	$0	–	-4,800	–	-0.02%	–
DVY	Exit	iSHARES DIVIDENDmutual	$0	–	-3,100	–	-0.03%	–
EMC	Exit	EMC CORP./MASS	$0	–	-21,500	–	-0.06%	–
ENDP	Exit	ENDO INTL PLC	$0	–	-113,000	–	-0.18%	–
NLY	Exit	ANNALY CAPITAL MGMT REIT	$0	–	-233,250	–	-0.27%	–

Q2 2016

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTHmutual	$72,628,000	–	723,671	–	7.60%	–
MMM	New	3M COMPANY	$41,385,000	–	236,326	–	4.33%	–
MSFT	New	MICROSOFT CORP	$38,990,000	–	761,977	–	4.08%	–
QCOM	New	QUALCOMM INC.	$38,326,000	–	715,433	–	4.01%	–
DD	New	DU PONT	$36,490,000	–	563,115	–	3.82%	–
CVS	New	CVS HEALTH CORP	$34,788,000	–	363,355	–	3.64%	–
PFE	New	PFIZER INC	$33,431,000	–	949,485	–	3.50%	–
GM	New	GENERAL MOTORS	$33,114,000	–	1,170,095	–	3.47%	–
GLW	New	CORNING, INC.	$29,776,000	–	1,453,904	–	3.12%	–
CSCO	New	CISCO SYSTEMS	$28,694,000	–	1,000,155	–	3.00%	–
DE	New	DEERE & CO	$26,884,000	–	331,740	–	2.82%	–
JPM	New	J.P. MORGAN CHASE	$26,654,000	–	428,939	–	2.79%	–
BRKB	New	BERKSHIRE HATH B	$25,970,000	–	179,360	–	2.72%	–
CVX	New	CHEVRON CORP	$25,580,000	–	244,014	–	2.68%	–
JNJ	New	JOHNSON&JOHNSON	$23,015,000	–	189,739	–	2.41%	–
PM	New	PHILIP MORRIS INTl.	$22,616,000	–	222,334	–	2.37%	–
FDML	New	FEDERAL MOGUL HOLDINGS	$22,512,000	–	2,709,000	–	2.36%	–
NUAN	New	NUANCE COMM.	$18,481,000	–	1,182,400	–	1.94%	–
INTC	New	INTEL CORP	$18,354,000	–	559,580	–	1.92%	–
VZ	New	VERIZON COMM.	$18,173,000	–	325,441	–	1.90%	–
NEAR	New	iSHARES SHORT MATURITY BONDbond	$18,146,000	–	361,700	–	1.90%	–
DISCK	New	DISCOVER COMM C	$16,635,000	–	697,500	–	1.74%	–
LQDT	New	LIQUIDITY SERVICES	$16,190,000	–	2,065,000	–	1.70%	–
MUX	New	MCEWEN MNG INC	$15,729,000	–	4,085,440	–	1.65%	–
GDX	New	VANECK VECTORS GOLD MINERSmutual	$15,483,000	–	558,765	–	1.62%	–
GLD	New	SPDR GOLD SHARES	$15,063,000	–	119,100	–	1.58%	–
QRTEA	New	LIBERTY INTERACTIVE CORP-SER A	$14,397,000	–	567,500	–	1.51%	–
TWI	New	TITAN INTL INC	$14,056,000	–	2,267,150	–	1.47%	–
BB	New	BLACKBERRY	$13,981,000	–	2,083,600	–	1.46%	–
KO	New	COCA COLA CO	$13,904,000	–	306,723	–	1.46%	–
USG	New	USG CORP NEW	$11,188,000	–	415,000	–	1.17%	–
EFG	New	ISHARES EAFE GROWTH ETF	$11,136,000	–	170,230	–	1.17%	–
HALL	New	HALLMARK FINL SVCS INC	$10,431,000	–	900,000	–	1.09%	–
NBR	New	NABORS INDUSTRIES	$9,703,000	–	965,500	–	1.02%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$9,074,000	–	257,570	–	0.95%	–
SHM	New	SPDR SHORT TERM MUNICIPALtax-free	$9,028,000	–	183,950	–	0.94%	–
FCX	New	FREEPORT-MCMORAN	$8,961,000	–	804,405	–	0.94%	–
UBSI	New	UNITED BANKSHARES	$8,330,000	–	222,069	–	0.87%	–
JAKK	New	JAKKS PAC INC	$8,053,000	–	1,018,100	–	0.84%	–
KLXI	New	KLX INC	$7,145,000	–	230,500	–	0.75%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYbond	$5,141,000	–	50,820	–	0.54%	–
SHY	New	iSHARES 1-3 YR TREASURYbond	$4,525,000	–	53,030	–	0.47%	–
FDX	New	FEDEX CORP	$4,414,000	–	29,083	–	0.46%	–
ASCMA	New	ASCENT CAPITAL GROUP	$4,386,000	–	285,000	–	0.46%	–
AR	New	ANTERO RES CORP	$3,771,000	–	145,167	–	0.40%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$3,767,000	–	106,540	–	0.39%	–
AAPL	New	APPLE INC	$3,741,000	–	39,129	–	0.39%	–
MDY	New	SPDR S&P 400 MIDCAPmutual	$3,621,000	–	13,300	–	0.38%	–
	New	AT&T CORP.	$3,247,000	–	75,145	–	0.34%	–
XOM	New	EXXON MOBIL	$3,150,000	–	33,605	–	0.33%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDbond	$3,091,000	–	100,415	–	0.32%	–
AGG	New	iSHARES CORE US AGGREGATE BONDbond	$2,723,000	–	24,178	–	0.28%	–
SCHO	New	SCHWAB S/T U.S. TREASbond	$2,635,000	–	51,700	–	0.28%	–
NLY	New	ANNALY CAPITAL MGMT REIT	$2,582,000	–	233,250	–	0.27%	–
XCO	New	EXCO RES INC	$2,578,000	–	1,983,000	–	0.27%	–
FLOT	New	ISHARES FLOATING RATE NOTEbond	$2,083,000	–	41,150	–	0.22%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDITbond	$2,057,000	–	19,391	–	0.22%	–
ENDP	New	ENDO INTL PLC	$1,762,000	–	113,000	–	0.18%	–
DLN	New	WISDOMTREE LARGECAP DIVmutual	$1,579,000	–	20,840	–	0.16%	–
GOOG	New	ALPHABET C	$1,384,000	–	1,999	–	0.14%	–
BRKA	New	BERKSHIRE HATH A	$1,302,000	–	6	–	0.14%	–
GOOGL	New	ALPHABET A	$1,271,000	–	1,807	–	0.13%	–
CAT	New	CATERPILLAR INC	$1,023,000	–	13,500	–	0.11%	–
MO	New	ALTRIA GROUP INC.	$1,003,000	–	14,544	–	0.10%	–
HSIC	New	HENRY SCHEIN	$998,000	–	5,645	–	0.10%	–
IWD	New	iSHARES RUSSELL 1000 VALUEmutual	$914,000	–	8,857	–	0.10%	–
GE	New	GENERAL ELECTRIC	$802,000	–	25,487	–	0.08%	–
PNC	New	PNC FINANCIAL	$748,000	–	9,195	–	0.08%	–
STWD	New	STARWOOD PROP.	$725,000	–	35,000	–	0.08%	–
AMZN	New	AMAZON.COM	$658,000	–	919	–	0.07%	–
PFF	New	iSHARES PREFERRED STOCKmutual	$644,000	–	16,150	–	0.07%	–
SSW	New	SEASPAN	$628,000	–	45,000	–	0.07%	–
EMC	New	EMC CORP./MASS	$584,000	–	21,500	–	0.06%	–
PG	New	PROCTER & GAMBLE	$570,000	–	6,732	–	0.06%	–
EVV	New	EATON VANCE LIMITED DURATIONbond	$544,000	–	40,447	–	0.06%	–
FB	New	FACEBOOK	$542,000	–	4,740	–	0.06%	–
SPY	New	SPDR S&P 500 ETFmutual	$524,000	–	2,500	–	0.06%	–
PEP	New	PEPSICO INC	$502,000	–	4,734	–	0.05%	–
BMY	New	BRISTOL-MYERS	$492,000	–	6,687	–	0.05%	–
DWX	New	SPDR S&P INTL. DIVIDEND	$482,000	–	13,700	–	0.05%	–
MOO	New	VANECK VECTORS AGRIBUSINESS	$454,000	–	9,450	–	0.05%	–
IWB	New	ISHARES RUSSELL 1000 ETFmutual	$459,000	–	3,930	–	0.05%	–
NUV	New	NUVEEN MUNI VALUEtax-free	$411,000	–	38,000	–	0.04%	–
VTI	New	VANGUARD TOTAL STOCK MARKETmutual	$395,000	–	687	–	0.04%	–
CL	New	COLGATE PALMOLIVE CO	$392,000	–	5,350	–	0.04%	–
HAL	New	HALLIBURTON CO.	$392,000	–	8,662	–	0.04%	–
IJR	New	ISHARES S&P SMALL-CAP ETFmutual	$379,000	–	3,265	–	0.04%	–
IAU	New	ISHARES GOLD TRUST	$383,000	–	30,000	–	0.04%	–
CWGL	New	CRIMSON WINE GROUP LTD	$376,000	–	45,000	–	0.04%	–
MA	New	MASTERCARD INC	$370,000	–	4,200	–	0.04%	–
	New	TRISTATE CAP HLDGS INC	$371,000	–	27,000	–	0.04%	–
WYNN	New	WYNN RESORTS LTD	$363,000	–	4,000	–	0.04%	–
PMC	New	PHARMERICA	$357,000	–	14,465	–	0.04%	–
UNH	New	UNITEDHEALTH GROUP	$345,000	–	2,440	–	0.04%	–
MDLZ	New	MONDELEZ INTL	$343,000	–	7,534	–	0.04%	–
CUT	New	GUGGENHEIM MSCI GLOBAL TIMBER	$342,000	–	15,000	–	0.04%	–
ATI	New	ALLEGHENY TECH.	$336,000	–	26,390	–	0.04%	–
BDX	New	BECTON DICKINSON	$331,000	–	1,950	–	0.04%	–
VNQ	New	VANGUARD REIT ETFmutual	$325,000	–	3,668	–	0.03%	–
MRK	New	MERCK & CO. INC.	$314,000	–	5,454	–	0.03%	–
LNKD	New	LINKEDIN	$303,000	–	1,600	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$306,000	–	2,938	–	0.03%	–
RSG	New	REPUBLIC SVCS INC	$292,000	–	5,700	–	0.03%	–
EFA	New	ISHARES MSCI EAFE ETF	$289,000	–	5,180	–	0.03%	–
IBM	New	INTL. BUS. MACHINES	$288,000	–	1,897	–	0.03%	–
HD	New	HOME DEPOT INC.	$290,000	–	2,270	–	0.03%	–
ABC	New	AMERISOURCEBERGEN	$282,000	–	3,550	–	0.03%	–
LOW	New	LOWE'S COMPANIES	$277,000	–	3,500	–	0.03%	–
PSX	New	PHILLIPS 66	$278,000	–	3,500	–	0.03%	–
COKE	New	COCA COLA BOTTLNG	$280,000	–	1,900	–	0.03%	–
DVY	New	iSHARES DIVIDENDmutual	$264,000	–	3,100	–	0.03%	–
FHI	New	FEDERATED INVS.	$255,000	–	8,847	–	0.03%	–
KIO	New	KKR INCOME OPPORTbond	$256,000	–	17,020	–	0.03%	–
VIG	New	VANGUARD DIV. APPRECIATION ETFmutual	$244,000	–	2,928	–	0.03%	–
CNO	New	CNO FINANCIAL	$248,000	–	14,200	–	0.03%	–
NVDA	New	NVIDIA CORP	$235,000	–	5,000	–	0.02%	–
TIP	New	iSHARES TIPS BOND ETFbond	$233,000	–	2,000	–	0.02%	–
SLB	New	SCHLUMBERGER	$229,000	–	2,900	–	0.02%	–
NML	New	NEUBERGER BRMN. MLP INCOMEmutual	$225,000	–	26,550	–	0.02%	–
BCE	New	BCE INC	$227,000	–	4,800	–	0.02%	–
	New	BP PLC - SPONS ADR	$222,000	–	6,238	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETFtax-free	$223,000	–	4,400	–	0.02%	–
VTV	New	VANGUARD VALUE INDEXmutual	$212,000	–	2,500	–	0.02%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTtax-free	$214,000	–	16,000	–	0.02%	–
MYF	New	BLACKROCK MUNIYIELD INV FUNDtax-free	$210,000	–	12,500	–	0.02%	–
ETN	New	EATON CORP	$212,000	–	3,550	–	0.02%	–
PEY	New	POWERSHARES HIGH DIV. ACHIEVERmutual	$202,000	–	13,000	–	0.02%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFmutual	$205,000	–	1,370	–	0.02%	–
SWN	New	SOUTHWSTRN ENERGY	$189,000	–	15,000	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPPbond	$171,000	–	15,500	–	0.02%	–
AA	New	ALCOA, INC.	$163,000	–	17,554	–	0.02%	–
BOX	New	BOX INC CL A	$145,000	–	14,000	–	0.02%	–
FCSC	New	FIBROCELL SCIENCE	$113,000	–	98,500	–	0.01%	–
NNVC	New	NANOVIRICIDES	$96,000	–	60,000	–	0.01%	–
THTX	New	THERATECHNOLOGIES	$31,000	–	15,000	–	0.00%	–
HK	New	HALCON RES CORP	$17,000	–	36,000	–	0.00%	–
MNKD	New	MANNKIND CORP	$12,000	–	10,000	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
LF	Exit	LEAPFROG ENTER	$0	–	-10,000	–	-0.00%	–
GULTU	Exit	GULF COAST ULTRA DEEP ROYALTYroy tr unit	$0	–	-52,000	–	-0.00%	–
THTX	Exit	THERATECHNOLOGIES INC COM	$0	–	-15,000	–	-0.00%	–
MNKD	Exit	MANNKIND CORP	$0	–	-10,000	–	-0.00%	–
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.01%	–
HK	Exit	HALCON RES CORP	$0	–	-180,000	–	-0.01%	–
VCF	Exit	DELAWARE INVSMTS. COLORADO MUNtax-free	$0	–	-10,000	–	-0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPPbond	$0	–	-13,500	–	-0.02%	–
PEY	Exit	POWERSHARES HIGH DIV. ACHIEVERmutual	$0	–	-13,000	–	-0.02%	–
PML	Exit	PIMCO MUNICIPAL INCOME IItax-free	$0	–	-15,500	–	-0.02%	–
ORCL	Exit	ORACLE CORP.	$0	–	-5,730	–	-0.02%	–
IJR	Exit	ISHARES TR S&P SMLCAP 600mutual	$0	–	-1,900	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETFtax-free	$0	–	-8,800	–	-0.03%	–
TIP	Exit	iSHARES TIPS BOND ETFbond	$0	–	-2,000	–	-0.03%	–
DVY	Exit	iSHARES DIVIDENDmutual	$0	–	-3,100	–	-0.03%	–
KIO	Exit	KKR INCOME OPPORTbond	$0	–	-15,320	–	-0.03%	–
BAC	Exit	BANK OF AMERICA	$0	–	-14,790	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-2,938	–	-0.03%	–
CNO	Exit	CNO FINANCIAL	$0	–	-14,200	–	-0.03%	–
HD	Exit	HOME DEPOT INC.	$0	–	-2,270	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
FHI	Exit	FEDERATED INVS.	$0	–	-9,362	–	-0.03%	–
VNQ	Exit	VANGUARD REIT ETFmutual	$0	–	-3,668	–	-0.03%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,440	–	-0.03%	–
PEP	Exit	PEPSICO INC	$0	–	-3,134	–	-0.04%	–
EFA	Exit	ISHARES MSCI EAFE INDEX	$0	–	-5,180	–	-0.04%	–
XON	Exit	INTREXON CORP	$0	–	-9,500	–	-0.04%	–
NML	Exit	NEUBERGER BRMN. MLP INCOME	$0	–	-25,450	–	-0.04%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-8,662	–	-0.04%	–
MYF	Exit	BLACKROCK MUNIYIELD INV FUNDtax-free	$0	–	-21,000	–	-0.04%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-7,534	–	-0.04%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-6,304	–	-0.04%	–
	Exit	TRISTATE CAP HLDGS INC	$0	–	-27,000	–	-0.04%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-7,000	–	-0.04%	–
FB	Exit	FACEBOOK	$0	–	-3,940	–	-0.04%	–
VTI	Exit	VANGUARD TOTAL STOCK MARKETmutual	$0	–	-3,687	–	-0.04%	–
AMZN	Exit	AMAZON.COM	$0	–	-719	–	-0.04%	–
CUT	Exit	GUGGENHEIM GLOBAL TIMBER	$0	–	-16,700	–	-0.04%	–
NUV	Exit	NUVEEN MUNI VALUEtax-free	$0	–	-38,000	–	-0.04%	–
COKE	Exit	COCA COLA BOTTLNG	$0	–	-2,000	–	-0.05%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTtax-free	$0	–	-32,720	–	-0.05%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-6,634	–	-0.05%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-45,000	–	-0.05%	–
PMC	Exit	PHARMERICA	$0	–	-14,465	–	-0.05%	–
FCSC	Exit	FIBROCELL SCIENCE	$0	–	-110,000	–	-0.05%	–
MOO	Exit	MARKET VECTORS AGRIBUSINESS	$0	–	-9,450	–	-0.05%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS	$0	–	-13,707	–	-0.06%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-6,332	–	-0.06%	–
SWN	Exit	SOUTHWSTRN ENERGY	$0	–	-36,000	–	-0.06%	–
SPY	Exit	SPDR S&P 500 ETFmutual	$0	–	-2,500	–	-0.06%	–
EVV	Exit	EATON VANCE LIMITED DURATION	$0	–	-40,300	–	-0.06%	–
EMC	Exit	EMC CORP./MASS	$0	–	-21,500	–	-0.06%	–
AMRI	Exit	ALBANY MOL.	$0	–	-30,000	–	-0.06%	–
CC	Exit	CHEMOURS CO	$0	–	-83,012	–	-0.06%	–
ARCC	Exit	ARES CAP CORP	$0	–	-38,000	–	-0.07%	–
IAU	Exit	ISHARES GOLD TRUST	$0	–	-53,880	–	-0.07%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-25,547	–	-0.08%	–
RDSA	Exit	ROYAL DUTCH SHELL	$0	–	-13,800	–	-0.08%	–
PFF	Exit	iSHARES PREFERRED STOCKmutual	$0	–	-17,300	–	-0.08%	–
SSW	Exit	SEASPAN	$0	–	-45,000	–	-0.08%	–
DWX	Exit	SPDR S&P INTL. DIVIDEND	$0	–	-21,950	–	-0.09%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-5,645	–	-0.09%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEmutual	$0	–	-8,357	–	-0.10%	–
CAT	Exit	CATERPILLAR INC	$0	–	-12,700	–	-0.10%	–
PNC	Exit	PNC FINANCIAL	$0	–	-9,295	–	-0.10%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-20,184	–	-0.13%	–
GOOG	Exit	ALPHABET INC CL C	$0	–	-1,849	–	-0.14%	–
GOOGL	Exit	ALPHABET INC CL A	$0	–	-1,807	–	-0.14%	–
EPD	Exit	ENTERPRISE PROD PARTNERS L.P.	$0	–	-46,316	–	-0.14%	–
BRKA	Exit	BERKSHIRE HATH A	$0	–	-6	–	-0.14%	–
MDY	Exit	SPDR S&P 400 MIDCAPmutual	$0	–	-5,150	–	-0.16%	–
PAA	Exit	PLAINS ALL AMER PIPELINEunit	$0	–	-45,000	–	-0.17%	–
DLN	Exit	WISDOMTREE LARGECAP DIVmutual	$0	–	-21,845	–	-0.18%	–
IGSB	Exit	iSHARES BARCLAYS 1-3 YR CREDITbond	$0	–	-19,441	–	-0.25%	–
XLE	Exit	ENERGY SELECT SECTOR SPDRmutual	$0	–	-35,110	–	-0.26%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEbond	$0	–	-45,750	–	-0.28%	–
NLY	Exit	ANNALY CAPITAL MGMT REIT	$0	–	-247,750	–	-0.30%	–
XOM	Exit	EXXON MOBIL	$0	–	-32,982	–	-0.30%	–
SCHO	Exit	SCHWAB S/T U.S. TREASbond	$0	–	-48,200	–	-0.30%	–
	Exit	AT&T CORP.	$0	–	-75,145	–	-0.30%	–
AGG	Exit	iSHARES CORE US AGGREGATE BONDbond	$0	–	-24,178	–	-0.32%	–
XCO	Exit	EXCO RES INC	$0	–	-3,584,844	–	-0.33%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-82,069	–	-0.38%	–
FDX	Exit	FEDEX CORP	$0	–	-21,883	–	-0.38%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDbond	$0	–	-104,015	–	-0.39%	–
VEA	Exit	VANGUARD DEV. MARKETS ETF	$0	–	-95,400	–	-0.41%	–
KLXI	Exit	KLX INC	$0	–	-115,000	–	-0.50%	–
SHY	Exit	iSHARES 1-3 YR TREASURYbond	$0	–	-51,980	–	-0.54%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETF	$0	–	-140,730	–	-0.57%	–
AAPL	Exit	APPLE INC	$0	–	-42,625	–	-0.57%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYbond	$0	–	-52,790	–	-0.65%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-6,410,440	–	-0.68%	–
AR	Exit	ANTERO RES CORP	$0	–	-277,700	–	-0.72%	–
ASCMA	Exit	ASCENT CAPITAL GROUP	$0	–	-255,100	–	-0.85%	–
FCX	Exit	FREEPORT-MCMORAN	$0	–	-889,501	–	-1.05%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-1,012,500	–	-1.05%	–
GDX	Exit	MARKET VECTORS GOLD MINERSmutual	$0	–	-632,670	–	-1.06%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALtax-free	$0	–	-384,800	–	-1.14%	–
EFG	Exit	ISHARES EAFE GROWTH INDEX	$0	–	-159,830	–	-1.24%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-903,948	–	-1.26%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-1,450,003	–	-1.30%	–
USG	Exit	USG CORP NEW	$0	–	-415,000	–	-1.34%	–
NBR	Exit	NABORS INDUSTRIES	$0	–	-1,266,200	–	-1.46%	–
GLD	Exit	SPDR GOLD SHARES	$0	–	-117,566	–	-1.53%	–
BB	Exit	BLACKBERRY	$0	–	-2,083,600	–	-1.55%	–
KO	Exit	COCA COLA CO	$0	–	-324,833	–	-1.58%	–
TWI	Exit	TITAN INTL INC	$0	–	-1,983,441	–	-1.60%	–
VZ	Exit	VERIZON COMM.	$0	–	-315,752	–	-1.67%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP-SER A	$0	–	-567,500	–	-1.81%	–
INTC	Exit	INTEL CORP	$0	–	-543,770	–	-1.99%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-180,822	–	-2.05%	–
DISCK	Exit	DISCOVER COMM C	$0	–	-697,500	–	-2.06%	–
FDML	Exit	FEDERAL MOGUL HOLDINGS	$0	–	-2,582,100	–	-2.14%	–
CVX	Exit	CHEVRON CORP	$0	–	-230,774	–	-2.21%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-237,931	–	-2.30%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDbond	$0	–	-401,600	–	-2.45%	–
GLW	Exit	CORNING, INC.	$0	–	-1,282,712	–	-2.67%	–
NUAN	Exit	NUANCE COMM.	$0	–	-1,353,658	–	-2.70%	–
DE	Exit	DEERE & CO	$0	–	-309,280	–	-2.78%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-176,000	–	-2.79%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-384,025	–	-2.85%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-917,240	–	-2.93%	–
DD	Exit	DU PONT	$0	–	-555,655	–	-3.26%	–
PFE	Exit	PFIZER INC	$0	–	-887,086	–	-3.39%	–
GM	Exit	GENERAL MOTORS	$0	–	-974,625	–	-3.56%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-327,385	–	-3.84%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-592,168	–	-3.87%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-732,723	–	-3.94%	–
MMM	Exit	3M COMPANY	$0	–	-237,986	–	-4.10%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHmutual	$0	–	-716,761	–	-8.11%	–

Q3 2015

			Value		Shares		↓ Weighting
IWF	Buy	iSHARES RUSSELL 1000 GROWTHmutual	$66,659,000	-4.9%	716,761	+1.3%	8.11%	+3.9%
MMM	Buy	3M COMPANY	$33,739,000	-0.7%	237,986	+8.0%	4.10%	+8.4%
MSFT	Buy	MICROSOFT CORP	$32,430,000	+4.5%	732,723	+4.2%	3.94%	+14.1%
QCOM	Buy	QUALCOMM INC.	$31,817,000	-3.8%	592,168	+12.2%	3.87%	+5.1%
CVS	Buy	CVS HEALTH CORP	$31,586,000	+3.0%	327,385	+12.0%	3.84%	+12.5%
GM	Buy	GENERAL MOTORS	$29,258,000	+8.4%	974,625	+20.3%	3.56%	+18.3%
PFE	Buy	PFIZER INC	$27,863,000	+2.0%	887,086	+8.9%	3.39%	+11.3%
DD	Buy	DU PONT	$26,783,000	-13.0%	555,655	+15.4%	3.26%	-5.0%
CSCO	Buy	CISCO SYSTEMS	$24,078,000	+45.7%	917,240	+52.5%	2.93%	+59.2%
JPM	Buy	J.P. MORGAN CHASE	$23,414,000	-5.4%	384,025	+5.2%	2.85%	+3.3%
BRKB	Sell	BERKSHIRE HATH B	$22,950,000	-4.6%	176,000	-0.4%	2.79%	+4.2%
DE	Buy	DEERE & CO	$22,887,000	-17.7%	309,280	+7.9%	2.78%	-10.2%
NUAN	Sell	NUANCE COMM.	$22,159,000	-24.6%	1,353,658	-19.3%	2.70%	-17.7%
GLW	Buy	CORNING, INC.	$21,960,000	-2.3%	1,282,712	+12.6%	2.67%	+6.7%
NEAR	Sell	iSHARES SHORT MATURITY BONDbond	$20,116,000	-14.7%	401,600	-14.6%	2.45%	-6.8%
PM	Sell	PHILIP MORRIS INTl.	$18,875,000	-9.4%	237,931	-8.4%	2.30%	-1.0%
CVX	Buy	CHEVRON CORP	$18,203,000	+5.4%	230,774	+28.9%	2.21%	+15.1%
FDML	Buy	FEDERAL MOGUL HOLDINGS	$17,636,000	-34.2%	2,582,100	+9.4%	2.14%	-28.1%
DISCK	Buy	DISCOVER COMM C	$16,942,000	-15.8%	697,500	+7.7%	2.06%	-8.1%
JNJ	Buy	JOHNSON&JOHNSON	$16,880,000	+22.7%	180,822	+28.1%	2.05%	+34.0%
INTC	Buy	INTEL CORP	$16,389,000	+13.5%	543,770	+14.5%	1.99%	+23.9%
VZ	Buy	VERIZON COMM.	$13,738,000	+7.8%	315,752	+15.5%	1.67%	+17.8%
TWI	Buy	TITAN INTL INC	$13,111,000	-23.5%	1,983,441	+24.2%	1.60%	-16.5%
KO	Sell	COCA COLA CO	$13,032,000	-7.3%	324,833	-9.3%	1.58%	+1.3%
BB	Buy	BLACKBERRY	$12,772,000	-2.8%	2,083,600	+29.7%	1.55%	+6.1%
GLD	Buy	SPDR GOLD SHARES	$12,563,000	-3.1%	117,566	+1.9%	1.53%	+5.7%
NBR	Sell	NABORS INDUSTRIES	$11,966,000	-35.0%	1,266,200	-0.7%	1.46%	-29.0%
LQDT	Buy	LIQUIDITY SERVICES	$10,716,000	-20.5%	1,450,003	+3.6%	1.30%	-13.1%
EFG	Buy	ISHARES EAFE GROWTH INDEX	$10,199,000	+7.7%	159,830	+17.9%	1.24%	+17.6%
SHM	Sell	SPDR SHORT TERM MUNICIPALtax-free	$9,374,000	-10.0%	384,800	-10.3%	1.14%	-1.7%
GDX	Sell	MARKET VECTORS GOLD MINERSmutual	$8,693,000	-23.4%	632,670	-1.0%	1.06%	-16.4%
FCX	Buy	FREEPORT-MCMORAN	$8,619,000	-38.6%	889,501	+18.0%	1.05%	-33.0%
ASCMA	Buy	ASCENT CAPITAL GROUP	$6,985,000	-34.6%	255,100	+2.0%	0.85%	-28.6%
MUX	Sell	MCEWEN MNG INC	$5,607,000	-10.3%	6,410,440	-1.7%	0.68%	-2.0%
MINT	Sell	PIMCO ENHANCED SHORT MATURITYbond	$5,319,000	-0.9%	52,790	-0.5%	0.65%	+8.2%
AAPL	Sell	APPLE INC	$4,702,000	-14.7%	42,625	-3.1%	0.57%	-6.8%
VWO	Buy	VANGUARD EMERG. MARKETS ETF	$4,657,000	+67.1%	140,730	+106.4%	0.57%	+82.9%
KLXI	New	KLX INC	$4,110,000	–	115,000	–	0.50%	–
VEA	Buy	VANGUARD DEV. MARKETS ETF	$3,400,000	+165.4%	95,400	+195.4%	0.41%	+189.5%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BONDbond	$3,175,000	-1.1%	104,015	-0.9%	0.39%	+7.8%
FDX	New	FEDEX CORP	$3,151,000	–	21,883	–	0.38%	–
UBSI	Sell	UNITED BANKSHARES	$3,118,000	-8.9%	82,069	-3.5%	0.38%	-0.5%
XCO	Sell	EXCO RES INC	$2,689,000	-37.3%	3,584,844	-1.3%	0.33%	-31.6%
AGG	Sell	iSHARES CORE US AGGREGATE BONDbond	$2,649,000	-28.8%	24,178	-29.3%	0.32%	-22.2%
	Buy	AT&T CORP.	$2,448,000	+51.3%	75,145	+64.9%	0.30%	+65.6%
XOM	Buy	EXXON MOBIL	$2,452,000	+62.3%	32,982	+81.5%	0.30%	+77.4%
NLY	Sell	ANNALY CAPITAL MGMT REIT	$2,445,000	+6.7%	247,750	-0.6%	0.30%	+16.5%
FLOT	Sell	ISHARES FLOATING RATE NOTEbond	$2,308,000	-6.5%	45,750	-6.2%	0.28%	+2.2%
XLE	New	ENERGY SELECT SECTOR SPDRmutual	$2,149,000	–	35,110	–	0.26%	–
DLN	Buy	WISDOMTREE LARGECAP DIVmutual	$1,470,000	-6.7%	21,845	+0.5%	0.18%	+1.7%
PAA	Buy	PLAINS ALL AMER PIPELINEunit	$1,367,000	+25.5%	45,000	+80.0%	0.17%	+37.2%
MDY	Buy	SPDR S&P 400 MIDCAPmutual	$1,282,000	+7.9%	5,150	+18.4%	0.16%	+18.2%
EPD	Buy	ENTERPRISE PROD PARTNERS L.P.	$1,153,000	+6.3%	46,316	+27.5%	0.14%	+15.7%
GOOG	Sell	ALPHABET INC CL C	$1,125,000	+10.9%	1,849	-5.1%	0.14%	+21.2%
MO	Sell	ALTRIA GROUP INC.	$1,098,000	+1.9%	20,184	-8.3%	0.13%	+11.7%
CAT	Buy	CATERPILLAR INC	$830,000	+221.7%	12,700	+318.3%	0.10%	+248.3%
IWD	Sell	iSHARES RUSSELL 1000 VALUEmutual	$780,000	-17.5%	8,357	-8.7%	0.10%	-9.5%
DWX	Sell	SPDR S&P INTL. DIVIDEND	$745,000	-18.9%	21,950	-0.9%	0.09%	-10.8%
SSW	New	SEASPAN	$689,000	–	45,000	–	0.08%	–
RDSA	Buy	ROYAL DUTCH SHELL	$654,000	-16.2%	13,800	+0.9%	0.08%	-8.0%
GE	Sell	GENERAL ELECTRIC	$644,000	-11.3%	25,547	-6.6%	0.08%	-3.7%
ARCC	Buy	ARES CAP CORP	$550,000	+11.3%	38,000	+26.7%	0.07%	+21.8%
CC	New	CHEMOURS CO	$537,000	–	83,012	–	0.06%	–
EMC	Sell	EMC CORP./MASS	$519,000	-13.8%	21,500	-5.8%	0.06%	-6.0%
EVV	Buy	EATON VANCE LIMITED DURATION	$511,000	+13.3%	40,300	+20.3%	0.06%	+24.0%
SPY	Sell	SPDR S&P 500 ETFmutual	$479,000	-53.4%	2,500	-50.0%	0.06%	-49.6%
SWN	Buy	SOUTHWSTRN ENERGY	$457,000	-4.2%	36,000	+71.4%	0.06%	+5.7%
PG	Buy	PROCTER & GAMBLE	$456,000	-5.0%	6,332	+3.3%	0.06%	+3.8%
BMY	Sell	BRISTOL-MYERS	$393,000	-17.4%	6,634	-7.2%	0.05%	-9.4%
MRK	Buy	MERCK & CO. INC.	$311,000	-8.3%	6,304	+5.9%	0.04%	0.0%
NML	Buy	NEUBERGER BRMN. MLP INCOME	$305,000	+32.6%	25,450	+80.5%	0.04%	+42.3%
EFA	Sell	ISHARES MSCI EAFE INDEX	$297,000	-39.1%	5,180	-32.6%	0.04%	-33.3%
FHI	Buy	FEDERATED INVS.	$271,000	-3.2%	9,362	+12.0%	0.03%	+6.5%
HD	Buy	HOME DEPOT INC.	$262,000	+17.0%	2,270	+12.4%	0.03%	+28.0%
KIO	Buy	KKR INCOME OPPORTbond	$223,000	+16.8%	15,320	+26.6%	0.03%	+28.6%
ORCL	Buy	ORACLE CORP.	$207,000	+0.5%	5,730	+12.1%	0.02%	+8.7%
BBT	Exit	BB&T CORP.	$0	–	-5,000	–	-0.02%	–
EDIV	Exit	SPDR EMERGING MARKETS DIVIDEND	$0	–	-6,350	–	-0.02%	–
VTV	Exit	VANGUARD VALUE INDEXmutual	$0	–	-2,500	–	-0.02%	–
PPLT	Exit	ETFS PLATINUM	$0	–	-2,000	–	-0.02%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,238	–	-0.03%	–
WFC	Exit	WELLS FARGO CO.	$0	–	-5,251	–	-0.03%	–
FEYE	Exit	FIREEYE INC	$0	–	-9,000	–	-0.05%	–
	Exit	ALLSTATE CORP.	$0	–	-7,000	–	-0.05%	–
IBB	Exit	iSHARES BIOTECHmutual	$0	–	-11,250	–	-0.46%	–
MRGE	Exit	MERGE HEALTHCARE	$0	–	-1,070,283	–	-0.57%	–
XLK	Exit	SPDR-TECHNOLOGYmutual	$0	–	-189,000	–	-0.87%	–
PCP	Exit	PRECISION CASTPRTS	$0	–	-56,770	–	-1.26%	–

Q2 2015

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTHmutual	$70,080,000	–	707,806	–	7.81%	–
MMM	New	3M COMPANY	$33,991,000	–	220,291	–	3.79%	–
QCOM	New	QUALCOMM INC.	$33,060,000	–	527,868	–	3.68%	–
MSFT	New	MICROSOFT CORP	$31,040,000	–	703,061	–	3.46%	–
DD	New	DU PONT	$30,786,000	–	481,415	–	3.43%	–
CVS	New	CVS HEALTH CORP	$30,665,000	–	292,385	–	3.42%	–
NUAN	New	NUANCE COMM.	$29,386,000	–	1,678,250	–	3.27%	–
DE	New	DEERE & CO	$27,817,000	–	286,630	–	3.10%	–
PFE	New	PFIZER INC	$27,323,000	–	814,877	–	3.04%	–
GM	New	GENERAL MOTORS	$27,002,000	–	810,142	–	3.01%	–
FDML	New	FEDERAL MOGUL HOLDINGS	$26,789,000	–	2,360,300	–	2.98%	–
JPM	New	J.P. MORGAN CHASE	$24,740,000	–	365,111	–	2.76%	–
BRKB	New	BERKSHIRE HATH B	$24,048,000	–	176,679	–	2.68%	–
NEAR	New	iSHARES SHORT MATURITY BONDbond	$23,571,000	–	470,100	–	2.63%	–
GLW	New	CORNING, INC.	$22,473,000	–	1,139,021	–	2.50%	–
PM	New	PHILIP MORRIS INTl.	$20,823,000	–	259,729	–	2.32%	–
DISCK	New	DISCOVER COMM C	$20,124,000	–	647,500	–	2.24%	–
NBR	New	NABORS INDUSTRIES	$18,400,000	–	1,275,100	–	2.05%	–
CVX	New	CHEVRON CORP	$17,265,000	–	178,971	–	1.92%	–
TWI	New	TITAN INTL INC	$17,149,000	–	1,596,750	–	1.91%	–
CSCO	New	CISCO SYSTEMS	$16,521,000	–	601,640	–	1.84%	–
QRTEA	New	LIBERTY INTERACTIVE CORP-SER A	$15,748,000	–	567,500	–	1.75%	–
INTC	New	INTEL CORP	$14,440,000	–	474,770	–	1.61%	–
KO	New	COCA COLA CO	$14,053,000	–	358,233	–	1.56%	–
FCX	New	FREEPORT-MCMORAN	$14,041,000	–	754,060	–	1.56%	–
JNJ	New	JOHNSON&JOHNSON	$13,755,000	–	141,132	–	1.53%	–
LQDT	New	LIQUIDITY SERVICES	$13,477,000	–	1,399,528	–	1.50%	–
BB	New	BLACKBERRY	$13,145,000	–	1,607,000	–	1.46%	–
GLD	New	SPDR GOLD SHARES	$12,969,000	–	115,416	–	1.44%	–
VZ	New	VERIZON COMM.	$12,741,000	–	273,352	–	1.42%	–
USG	New	USG CORP NEW	$11,533,000	–	415,000	–	1.28%	–
GDX	New	MARKET VECTORS GOLD MINERSmutual	$11,350,000	–	639,070	–	1.26%	–
PCP	New	PRECISION CASTPRTS	$11,347,000	–	56,770	–	1.26%	–
ASCMA	New	ASCENT CAPITAL GROUP	$10,685,000	–	250,000	–	1.19%	–
SHM	New	SPDR SHORT TERM MUNICIPALtax-free	$10,415,000	–	428,950	–	1.16%	–
HALL	New	HALLMARK FINL SVCS INC	$10,287,000	–	903,948	–	1.15%	–
JAKK	New	JAKKS PAC INC	$10,014,000	–	1,012,500	–	1.12%	–
AR	New	ANTERO RES CORP	$9,536,000	–	277,700	–	1.06%	–
EFG	New	ISHARES EAFE GROWTH INDEX	$9,471,000	–	135,530	–	1.06%	–
XLK	New	SPDR-TECHNOLOGYmutual	$7,825,000	–	189,000	–	0.87%	–
MUX	New	MCEWEN MNG INC	$6,252,000	–	6,520,440	–	0.70%	–
AAPL	New	APPLE INC	$5,515,000	–	43,974	–	0.61%	–
MINT	New	PIMCO ENHANCED SHORT MATURITYbond	$5,365,000	–	53,040	–	0.60%	–
MRGE	New	MERGE HEALTHCARE	$5,137,000	–	1,070,283	–	0.57%	–
SHY	New	iSHARES 1-3 YR TREASURYbond	$4,411,000	–	51,980	–	0.49%	–
XCO	New	EXCO RES INC	$4,287,000	–	3,633,000	–	0.48%	–
IBB	New	iSHARES BIOTECHmutual	$4,151,000	–	11,250	–	0.46%	–
AGG	New	iSHARES CORE US AGGREGATE BONDbond	$3,718,000	–	34,178	–	0.41%	–
UBSI	New	UNITED BANKSHARES	$3,422,000	–	85,069	–	0.38%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDbond	$3,210,000	–	104,915	–	0.36%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$2,787,000	–	68,180	–	0.31%	–
FLOT	New	ISHARES FLOATING RATE NOTEbond	$2,469,000	–	48,750	–	0.28%	–
SCHO	New	SCHWAB S/T U.S. TREASbond	$2,444,000	–	48,200	–	0.27%	–
NLY	New	ANNALY CAPITAL MGMT REIT	$2,291,000	–	249,250	–	0.26%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDITbond	$2,048,000	–	19,441	–	0.23%	–
	New	AT&T CORP.	$1,618,000	–	45,562	–	0.18%	–
DLN	New	WISDOMTREE LARGECAP DIVmutual	$1,576,000	–	21,745	–	0.18%	–
XOM	New	EXXON MOBIL	$1,511,000	–	18,167	–	0.17%	–
VEA	New	VANGUARD DEV. MARKETS ETF	$1,281,000	–	32,300	–	0.14%	–
BRKA	New	BERKSHIRE HATH A	$1,229,000	–	6	–	0.14%	–
MDY	New	SPDR S&P 400 MIDCAPmutual	$1,188,000	–	4,350	–	0.13%	–
PAA	New	PLAINS ALL AMER PIPELINEunit ltd	$1,089,000	–	25,000	–	0.12%	–
EPD	New	ENTERPRISE PROD PARTNERS L.P.	$1,085,000	–	36,316	–	0.12%	–
MO	New	ALTRIA GROUP INC.	$1,077,000	–	22,011	–	0.12%	–
SPY	New	SPDR S&P 500 ETFmutual	$1,029,000	–	5,000	–	0.12%	–
GOOG	New	GOOGLE INC C	$1,014,000	–	1,949	–	0.11%	–
GOOGL	New	GOOGLE INC A	$976,000	–	1,807	–	0.11%	–
IWD	New	iSHARES RUSSELL 1000 VALUEmutual	$945,000	–	9,157	–	0.10%	–
DWX	New	SPDR S&P INTL. DIVIDEND	$919,000	–	22,150	–	0.10%	–
PNC	New	PNC FINANCIAL	$889,000	–	9,295	–	0.10%	–
HSIC	New	HENRY SCHEIN	$802,000	–	5,645	–	0.09%	–
RDSA	New	ROYAL DUTCH SHELL	$780,000	–	13,680	–	0.09%	–
GE	New	GENERAL ELECTRIC	$726,000	–	27,339	–	0.08%	–
PFF	New	iSHARES PREFERRED STOCKmutual	$678,000	–	17,300	–	0.08%	–
AMRI	New	ALBANY MOLECULAR	$607,000	–	30,000	–	0.07%	–
IAU	New	ISHARES GOLD TRUST	$611,000	–	53,880	–	0.07%	–
EMC	New	EMC CORP./MASS	$602,000	–	22,830	–	0.07%	–
FCSC	New	FIBROCELL SCIENCE	$580,000	–	110,000	–	0.06%	–
EEM	New	ISHARES MSCI EMERGING MKTS	$543,000	–	13,707	–	0.06%	–
MOO	New	MARKET VECTORS AGRIBUSINESS	$521,000	–	9,450	–	0.06%	–
ARCC	New	ARES CAP CORP	$494,000	–	30,000	–	0.06%	–
EFA	New	ISHARES MSCI EAFE INDEX	$488,000	–	7,680	–	0.05%	–
PMC	New	PHARMERICA	$482,000	–	14,465	–	0.05%	–
BMY	New	BRISTOL-MYERS	$476,000	–	7,152	–	0.05%	–
PG	New	PROCTER & GAMBLE	$480,000	–	6,132	–	0.05%	–
SWN	New	SOUTHWSTRN ENERGY	$477,000	–	21,000	–	0.05%	–
XON	New	INTREXON CORP	$464,000	–	9,500	–	0.05%	–
	New	ALLSTATE CORP.	$454,000	–	7,000	–	0.05%	–
EVV	New	EATON VANCE LIMITED DURATIONbond	$451,000	–	33,500	–	0.05%	–
FEYE	New	FIREEYE INC	$440,000	–	9,000	–	0.05%	–
COP	New	CONOCOPHILLIPS	$430,000	–	7,000	–	0.05%	–
CUT	New	GUGGENHEIM GLOBAL TIMBER	$426,000	–	16,700	–	0.05%	–
CWGL	New	CRIMSON WINE GROUP LTD	$421,000	–	45,000	–	0.05%	–
VTI	New	VANGUARD TOTAL STOCK MARKETmutual	$395,000	–	3,687	–	0.04%	–
HAL	New	HALLIBURTON CO.	$373,000	–	8,662	–	0.04%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTtax-free	$380,000	–	32,720	–	0.04%	–
NUV	New	NUVEEN MUNI VALUEtax-free	$366,000	–	38,000	–	0.04%	–
	New	TRISTATE CAP HLDGS INC	$349,000	–	27,000	–	0.04%	–
MRK	New	MERCK & CO. INC.	$339,000	–	5,954	–	0.04%	–
FB	New	FACEBOOK	$338,000	–	3,940	–	0.04%	–
MDLZ	New	MONDELEZ INTL	$310,000	–	7,534	–	0.04%	–
AMZN	New	AMAZON.COM	$312,000	–	719	–	0.04%	–
COKE	New	COCA COLA BOTTLNG	$302,000	–	2,000	–	0.03%	–
MYF	New	BLACKROCK MUNIYIELD INV FUNDtax-free	$302,000	–	21,000	–	0.03%	–
UNH	New	UNITEDHEALTH GROUP	$298,000	–	2,440	–	0.03%	–
WFC	New	WELLS FARGO CO.	$295,000	–	5,251	–	0.03%	–
PEP	New	PEPSICO INC	$293,000	–	3,134	–	0.03%	–
VNQ	New	VANGUARD REIT ETFmutual	$274,000	–	3,668	–	0.03%	–
FHI	New	FEDERATED INVS.	$280,000	–	8,362	–	0.03%	–
PSX	New	PHILLIPS 66	$282,000	–	3,500	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$270,000	–	2,938	–	0.03%	–
CAT	New	CATERPILLAR INC	$258,000	–	3,036	–	0.03%	–
CNO	New	CNO FINANCIAL	$261,000	–	14,200	–	0.03%	–
	New	BP PLC - SPONS ADR	$249,000	–	6,238	–	0.03%	–
BAC	New	BANK OF AMERICA	$252,000	–	14,790	–	0.03%	–
DVY	New	iSHARES DIVIDENDmutual	$233,000	–	3,100	–	0.03%	–
NML	New	NEUBERGER BRMN. MLP INCOME	$230,000	–	14,100	–	0.03%	–
IJR	New	ISHARES TR S&P SMLCAP 600mutual	$224,000	–	1,900	–	0.02%	–
HD	New	HOME DEPOT INC.	$224,000	–	2,020	–	0.02%	–
TIP	New	iSHARES TIPS BOND ETFbond	$224,000	–	2,000	–	0.02%	–
HK	New	HALCON RES CORP	$209,000	–	180,000	–	0.02%	–
BBT	New	BB&T CORP.	$202,000	–	5,000	–	0.02%	–
EDIV	New	SPDR EMERGING MARKETS DIVIDEND	$208,000	–	6,350	–	0.02%	–
ORCL	New	ORACLE CORP.	$206,000	–	5,110	–	0.02%	–
VTV	New	VANGUARD VALUE INDEXmutual	$208,000	–	2,500	–	0.02%	–
PPLT	New	ETFS PLATINUM	$208,000	–	2,000	–	0.02%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETFtax-free	$209,000	–	8,800	–	0.02%	–
KIO	New	KKR INCOME OPPORTbond	$191,000	–	12,100	–	0.02%	–
PML	New	PIMCO MUNICIPAL INCOME IItax-free	$178,000	–	15,500	–	0.02%	–
PEY	New	POWERSHARES HIGH DIV. ACHIEVERmutual	$172,000	–	13,000	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPPbond	$157,000	–	13,500	–	0.02%	–
VCF	New	DELAWARE INVSMTS. COLORADO MUNtax-free	$138,000	–	10,000	–	0.02%	–
NNVC	New	NANOVIRICIDES	$104,000	–	60,000	–	0.01%	–
MNKD	New	MANNKIND CORP	$57,000	–	10,000	–	0.01%	–
GULTU	New	GULF COAST ULTRA DEEP ROYALTYroy tr unit	$36,000	–	52,000	–	0.00%	–
THTX	New	THERATECHNOLOGIES INC COM	$18,000	–	15,000	–	0.00%	–
LF	New	LEAPFROG ENTER	$14,000	–	10,000	–	0.00%	–

Q4 2014

			Value		Shares		↓ Weighting
THTX	Exit	THERATECHNOLOGIES INC COM	$0	–	-15,000	–	-0.00%	–
LF	Exit	LEAPFROG ENTER	$0	–	-10,000	–	-0.01%	–
MNKD	Exit	MANNKIND CORP	$0	–	-10,000	–	-0.01%	–
VCF	Exit	DELAWARE INVSMTS. COLORADO MUNtax-free	$0	–	-10,000	–	-0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPPbond	$0	–	-13,500	–	-0.02%	–
NNVC	Exit	NANOVIRICIDES	$0	–	-60,000	–	-0.02%	–
GNW	Exit	GENWORTH FINL	$0	–	-15,000	–	-0.02%	–
EDIV	Exit	SPDR EMERGING MARKETS DIVIDEND	$0	–	-5,550	–	-0.02%	–
SWK	Exit	STANLEY BLACK & DECKER INC.	$0	–	-2,357	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETFtax-free	$0	–	-8,800	–	-0.02%	–
SLB	Exit	SCHLUMBERGER	$0	–	-2,080	–	-0.02%	–
CBSA	Exit	CBS CORP B SHARES	$0	–	-3,958	–	-0.02%	–
UNH	Exit	UNITEDHEALTH GROUP	$0	–	-2,440	–	-0.02%	–
VNQ	Exit	VANGUARD REIT ETFmutual	$0	–	-3,068	–	-0.03%	–
PML	Exit	PIMCO MUNICIPAL INCOME IItax-free	$0	–	-19,500	–	-0.03%	–
TIP	Exit	iSHARES TIPS BOND ETFbond	$0	–	-2,000	–	-0.03%	–
EFA	Exit	ISHARES MSCI EAFE INDEX	$0	–	-3,680	–	-0.03%	–
ABC	Exit	AMERISOURCEBERGEN	$0	–	-3,000	–	-0.03%	–
HSY	Exit	HERSHEY CO	$0	–	-2,424	–	-0.03%	–
AMZN	Exit	AMAZON.COM	$0	–	-719	–	-0.03%	–
	Exit	TRISTATE CAP HLDGS INC	$0	–	-27,000	–	-0.03%	–
DVY	Exit	iSHARES DIVIDENDmutual	$0	–	-3,271	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-2,938	–	-0.03%	–
PPLT	Exit	ETFS PLATINUM	$0	–	-2,000	–	-0.03%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-5,135	–	-0.03%	–
WFC	Exit	WELLS FARGO CO.	$0	–	-5,251	–	-0.03%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,238	–	-0.03%	–
TSLA	Exit	TESLA MOTORS	$0	–	-1,150	–	-0.03%	–
PMC	Exit	PHARMERICA	$0	–	-11,556	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-1,500	–	-0.03%	–
PEP	Exit	PEPSICO INC	$0	–	-3,134	–	-0.04%	–
APC	Exit	ANADARKO PETE	$0	–	-2,889	–	-0.04%	–
SCTY	Exit	SOLARCITY CORP	$0	–	-5,000	–	-0.04%	–
FB	Exit	FACEBOOK	$0	–	-3,940	–	-0.04%	–
FHI	Exit	FEDERATED INVS.	$0	–	-10,923	–	-0.04%	–
CAT	Exit	CATERPILLAR INC	$0	–	-3,250	–	-0.04%	–
MYF	Exit	BLACKROCK MUNIYIELD INV FUNDtax-free	$0	–	-24,000	–	-0.04%	–
EEM	Exit	ISHARES MSCI EMERGING MKTS	$0	–	-8,707	–	-0.04%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-1,937	–	-0.04%	–
MUB	Exit	iSHARES NATIONAL AMT-FREE MUNItax-free	$0	–	-3,500	–	-0.05%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-11,176	–	-0.05%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-6,554	–	-0.05%	–
CUT	Exit	GUGGENHEIM GLOBAL TIMBER	$0	–	-16,700	–	-0.05%	–
NUV	Exit	NUVEEN MUNI VALUEtax-free	$0	–	-43,000	–	-0.05%	–
MDY	Exit	SPDR S&P 400 MIDCAPmutual	$0	–	-1,600	–	-0.05%	–
CWGL	Exit	CRIMSON WINE GROUP LTD	$0	–	-45,000	–	-0.05%	–
	Exit	ALLSTATE CORP.	$0	–	-7,000	–	-0.05%	–
PMO	Exit	PUTNAM MUNI OPPORT TRUSTtax-free	$0	–	-37,720	–	-0.05%	–
EVV	Exit	EATON VANCE LIMITED DURATIONbond	$0	–	-31,000	–	-0.05%	–
MCD	Exit	MCDONALD'S CORP.	$0	–	-4,919	–	-0.06%	–
VTI	Exit	VANGUARD TOTAL STOCK MARKETmutual	$0	–	-4,687	–	-0.06%	–
ARCC	Exit	ARES CAP CORP	$0	–	-30,000	–	-0.06%	–
MOO	Exit	MARKET VECTORS AGRIBUSINESS	$0	–	-9,450	–	-0.06%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-6,132	–	-0.06%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-7,020	–	-0.06%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-8,662	–	-0.07%	–
SPY	Exit	SPDR S&P 500 ETFmutual	$0	–	-2,900	–	-0.07%	–
IAU	Exit	ISHARES GOLD TRUST	$0	–	-54,580	–	-0.08%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-5,645	–	-0.08%	–
PFF	Exit	iSHARES PREFERRED STOCK INDEXmutual	$0	–	-16,700	–	-0.08%	–
AMRI	Exit	ALBANY MOLECULAR	$0	–	-30,000	–	-0.08%	–
NEM	Exit	NEWMONT MINING	$0	–	-28,650	–	-0.08%	–
SWN	Exit	SOUTHWSTRN ENERGY	$0	–	-19,000	–	-0.08%	–
HK	Exit	HALCON RES CORP	$0	–	-181,200	–	-0.09%	–
PNC	Exit	PNC FINANCIAL	$0	–	-9,491	–	-0.10%	–
EMC	Exit	EMC CORP./MASS	$0	–	-28,830	–	-0.10%	–
FSTR	Exit	FOSTER LB CO.	$0	–	-18,890	–	-0.10%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEmutual	$0	–	-9,157	–	-0.11%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-38,173	–	-0.12%	–
GOOG	Exit	GOOGLE INC C	$0	–	-1,801	–	-0.12%	–
GOOGL	Exit	GOOGLE INC A	$0	–	-1,801	–	-0.13%	–
RDSA	Exit	ROYAL DUTCH SHELL	$0	–	-15,500	–	-0.14%	–
BRKA	Exit	BERKSHIRE HATH A	$0	–	-6	–	-0.15%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-28,031	–	-0.15%	–
	Exit	AT&T CORP.	$0	–	-44,419	–	-0.19%	–
DLN	Exit	WISDOMTREE LARGECAP DIVmutual	$0	–	-22,995	–	-0.20%	–
MRGE	Exit	MERGE HEALTHCARE INC.	$0	–	-911,400	–	-0.24%	–
IGSB	Exit	iSHARES BARCLAYS 1-3 YR CREDITbond	$0	–	-19,341	–	-0.24%	–
DWX	Exit	SPDR S&P INTL. DIVIDEND	$0	–	-44,825	–	-0.25%	–
XOM	Exit	EXXON MOBIL	$0	–	-24,337	–	-0.27%	–
NLY	Exit	ANNALY CAPITAL MGMT REIT	$0	–	-244,500	–	-0.31%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-85,069	–	-0.31%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-64,500	–	-0.32%	–
SCHO	Exit	SCHWAB S/T U.S. TREASbond	$0	–	-52,900	–	-0.32%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEbond	$0	–	-57,750	–	-0.35%	–
DOV	Exit	DOVER CORP	$0	–	-42,000	–	-0.40%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDbond	$0	–	-115,515	–	-0.42%	–
SHY	Exit	iSHARES 1-3 YR TREASURYbond	$0	–	-51,380	–	-0.52%	–
AGG	Exit	iSHARES CORE TOTAL US BOND MARbond	$0	–	-41,000	–	-0.53%	–
MINT	Exit	PIMCO ENHANCED SHORT MATURITYbond	$0	–	-45,740	–	-0.55%	–
AAPL	Exit	APPLE INC	$0	–	-47,172	–	-0.57%	–
LQDT	Exit	LIQUIDITY SERVICES	$0	–	-435,808	–	-0.72%	–
XCO	Exit	EXCO RES INC	$0	–	-1,975,500	–	-0.79%	–
EFG	Exit	ISHARES EAFE GROWTH INDEX	$0	–	-97,180	–	-0.79%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-990,000	–	-0.84%	–
UCBI	Exit	UNITED COMMUNITY BANKS INC	$0	–	-442,500	–	-0.87%	–
GDX	Exit	MARKET VECTORS GOLD MINERSmutual	$0	–	-399,715	–	-1.02%	–
USG	Exit	USG CORP NEW	$0	–	-330,000	–	-1.08%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-885,000	–	-1.09%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-4,900,440	–	-1.15%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALtax-free	$0	–	-441,150	–	-1.29%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-110,151	–	-1.40%	–
TWI	Exit	TITAN INTL INC	$0	–	-1,075,950	–	-1.52%	–
GLD	Exit	SPDR GOLD SHARES	$0	–	-112,573	–	-1.56%	–
ASCMA	Exit	ASCENT CAPITAL GROUP	$0	–	-221,000	–	-1.59%	–
FCX	Exit	FREEPORT-MCMORAN	$0	–	-413,070	–	-1.61%	–
VZ	Exit	VERIZON COMM.	$0	–	-270,587	–	-1.62%	–
INTC	Exit	INTEL CORP	$0	–	-401,195	–	-1.67%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-559,240	–	-1.68%	–
CVX	Exit	CHEVRON CORP	$0	–	-132,205	–	-1.88%	–
KO	Exit	COCA COLA CO	$0	–	-379,289	–	-1.93%	–
GLW	Exit	CORNING, INC.	$0	–	-940,696	–	-2.17%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP-SER A	$0	–	-643,166	–	-2.19%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-314,021	–	-2.26%	–
BRKB	Exit	BERKSHIRE HATH B	$0	–	-138,949	–	-2.29%	–
GM	Exit	GENERAL MOTORS	$0	–	-623,089	–	-2.38%	–
DISCK	Exit	DISCOVER COMM C	$0	–	-550,000	–	-2.45%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-246,195	–	-2.45%	–
CNO	Exit	CNO FINANCIAL	$0	–	-1,222,570	–	-2.48%	–
DE	Exit	DEERE & CO	$0	–	-270,030	–	-2.64%	–
PFE	Exit	PFIZER INC	$0	–	-782,202	–	-2.76%	–
DD	Exit	DU PONT	$0	–	-330,050	–	-2.83%	–
NUAN	Exit	NUANCE COMM.	$0	–	-1,576,750	–	-2.90%	–
FDML	Exit	FEDERAL MOGUL HOLDINGS	$0	–	-1,659,000	–	-2.95%	–
NEAR	Exit	iSHARES SHORT MATURITY BONDbond	$0	–	-503,800	–	-3.02%	–
CVS	Exit	CVS HEALTH CORP	$0	–	-318,214	–	-3.02%	–
NBR	Exit	NABORS INDUSTRIES	$0	–	-1,184,375	–	-3.22%	–
CHS	Exit	CHICO'S FAS INC.	$0	–	-1,873,370	–	-3.30%	–
MMM	Exit	3M COMPANY	$0	–	-214,826	–	-3.63%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-410,187	–	-3.66%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-664,907	–	-3.68%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHmutual	$0	–	-706,691	–	-7.73%	–

Q3 2014

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTHmutual	$64,754,000	+0.2%	706,691	-0.5%	7.73%	+0.0%
MSFT	Buy	MICROSOFT CORP	$30,825,000	+11.4%	664,907	+0.2%	3.68%	+11.2%
QCOM	Buy	QUALCOMM INC.	$30,670,000	-2.0%	410,187	+3.8%	3.66%	-2.2%
MMM	Sell	3M COMPANY	$30,436,000	-1.3%	214,826	-0.2%	3.63%	-1.5%
CHS	Buy	CHICO'S FAS INC.	$27,670,000	-12.0%	1,873,370	+1.0%	3.30%	-12.2%
NBR	Sell	NABORS INDUSTRIES	$26,956,000	-22.7%	1,184,375	-0.3%	3.22%	-22.9%
CVS	Buy	CVS HEALTH CORP	$25,327,000	+5.6%	318,214	+0.0%	3.02%	+5.4%
NEAR	New	iSHARES SHORT MATURITY BONDbond	$25,284,000	–	503,800	–	3.02%	–
FDML	Buy	FEDERAL MOGUL HOLDINGS	$24,669,000	-26.5%	1,659,000	+0.1%	2.95%	-26.6%
NUAN	Buy	NUANCE COMM.	$24,306,000	-13.6%	1,576,750	+5.3%	2.90%	-13.7%
DD	Buy	DU PONT	$23,684,000	+22.7%	330,050	+11.9%	2.83%	+22.4%
PFE	Buy	PFIZER INC	$23,130,000	+1.8%	782,202	+2.2%	2.76%	+1.7%
DE	Buy	DEERE & CO	$22,140,000	+15.6%	270,030	+27.7%	2.64%	+15.4%
CNO	Sell	CNO FINANCIAL	$20,735,000	-7.7%	1,222,570	-3.1%	2.48%	-7.9%
PM	Buy	PHILIP MORRIS INTl.	$20,533,000	+1.0%	246,195	+2.1%	2.45%	+0.8%
DISCK	Buy	DISCOVER COMM C	$20,504,000	+2.7%	550,000	+100.0%	2.45%	+2.5%
GM	Buy	GENERAL MOTORS	$19,901,000	-10.7%	623,089	+1.5%	2.38%	-10.9%
BRKB	Sell	BERKSHIRE HATH B	$19,194,000	+8.8%	138,949	-0.3%	2.29%	+8.6%
JPM	Buy	J.P. MORGAN CHASE	$18,917,000	+6.6%	314,021	+2.0%	2.26%	+6.5%
QRTEA	Buy	LIBERTY INTERACTIVE CORP-SER A	$18,343,000	+13.6%	643,166	+16.9%	2.19%	+13.4%
GLW	Buy	CORNING, INC.	$18,193,000	-8.9%	940,696	+3.4%	2.17%	-9.1%
KO	Buy	COCA COLA CO	$16,180,000	+0.8%	379,289	+0.1%	1.93%	+0.6%
CVX	Buy	CHEVRON CORP	$15,775,000	+12.7%	132,205	+23.3%	1.88%	+12.5%
CSCO	Buy	CISCO SYSTEMS	$14,076,000	+1.6%	559,240	+0.3%	1.68%	+1.4%
INTC	Sell	INTEL CORP	$13,970,000	+11.3%	401,195	-1.3%	1.67%	+11.1%
VZ	Buy	VERIZON COMM.	$13,527,000	+2.4%	270,587	+0.2%	1.62%	+2.2%
FCX	Buy	FREEPORT-MCMORAN	$13,487,000	-8.3%	413,070	+2.5%	1.61%	-8.5%
GLD	Buy	SPDR GOLD SHARES	$13,082,000	+34.9%	112,573	+48.7%	1.56%	+34.7%
TWI	Buy	TITAN INTL INC	$12,718,000	-1.9%	1,075,950	+39.6%	1.52%	-2.1%
JNJ	Buy	JOHNSON&JOHNSON	$11,741,000	+2.7%	110,151	+0.8%	1.40%	+2.5%
SHM	Sell	SPDR SHORT TERM MUNICIPALtax-free	$10,766,000	-0.2%	441,150	-0.5%	1.29%	-0.4%
MUX	Buy	MCEWEN MNG INC	$9,605,000	-30.5%	4,900,440	+2.1%	1.15%	-30.7%
GDX	Buy	MARKET VECTORS GOLD MINERSmutual	$8,537,000	-16.0%	399,715	+4.1%	1.02%	-16.2%
JAKK	Buy	JAKKS PAC INC	$7,029,000	-8.0%	990,000	+0.3%	0.84%	-8.2%
EFG	Buy	ISHARES EAFE GROWTH INDEX	$6,617,000	+4.8%	97,180	+11.5%	0.79%	+4.6%
XCO	Buy	EXCO RES INC	$6,598,000	-34.2%	1,975,500	+16.0%	0.79%	-34.3%
LQDT	Buy	LIQUIDITY SERVICES	$5,992,000	+16.6%	435,808	+33.6%	0.72%	+16.3%
AAPL	Buy	APPLE INC	$4,753,000	+12.3%	47,172	+3.6%	0.57%	+12.3%
MINT	New	PIMCO ENHANCED SHORT MATURITYbond	$4,636,000	–	45,740	–	0.55%	–
SHY	Buy	iSHARES 1-3 YR TREASURYbond	$4,342,000	+1.9%	51,380	+2.0%	0.52%	+1.6%
SPSB	Sell	SPDR SHORT-TERM CORPORATE BONDbond	$3,545,000	-2.0%	115,515	-1.6%	0.42%	-2.3%
DOV	Buy	DOVER CORP	$3,374,000	+32.0%	42,000	+49.5%	0.40%	+31.7%
FLOT	Buy	ISHARES FLOATING RATE NOTEbond	$2,935,000	+86.7%	57,750	+86.6%	0.35%	+86.2%
SCHO	Sell	SCHWAB S/T U.S. TREASbond	$2,675,000	-2.7%	52,900	-2.6%	0.32%	-3.0%
FBHS	Sell	FORTUNE BRANDS HOME & SECURITY	$2,652,000	-1.6%	64,500	-4.4%	0.32%	-1.6%
NLY	Buy	ANNALY CAPITAL MGMT REIT	$2,611,000	+6.1%	244,500	+13.5%	0.31%	+5.8%
XOM	Buy	EXXON MOBIL	$2,289,000	+5.0%	24,337	+12.3%	0.27%	+4.6%
DWX	Buy	SPDR S&P INTL. DIVIDEND	$2,075,000	-18.3%	44,825	+370.6%	0.25%	-18.4%
	Buy	AT&T CORP.	$1,565,000	+12.6%	44,419	+13.0%	0.19%	+12.7%
RDSA	Sell	ROYAL DUTCH SHELL	$1,180,000	-11.5%	15,500	-4.3%	0.14%	-11.9%
GOOGL	Buy	GOOGLE INC A	$1,060,000	+4.1%	1,801	+3.4%	0.13%	+4.1%
GOOG	Buy	GOOGLE INC C	$1,040,000	+3.8%	1,801	+3.4%	0.12%	+3.3%
GE	Buy	GENERAL ELECTRIC	$978,000	+5.7%	38,173	+8.5%	0.12%	+5.4%
IWD	Sell	iSHARES RUSSELL 1000 VALUEmutual	$917,000	-4.3%	9,157	-3.2%	0.11%	-5.2%
EMC	Buy	EMC CORP./MASS	$844,000	+16.6%	28,830	+4.8%	0.10%	+16.1%
PNC	Buy	PNC FINANCIAL	$812,000	-2.9%	9,491	+1.1%	0.10%	-3.0%
HK	Sell	HALCON RES CORP	$718,000	-45.8%	181,200	-0.3%	0.09%	-45.9%
SPY	Buy	SPDR S&P 500 ETFmutual	$571,000	+108.4%	2,900	+107.1%	0.07%	+106.1%
PG	Buy	PROCTER & GAMBLE	$513,000	+43.7%	6,132	+35.2%	0.06%	+41.9%
MCD	Buy	MCDONALD'S CORP.	$466,000	-2.7%	4,919	+3.4%	0.06%	-1.8%
EVV	Buy	EATON VANCE LIMITED DURATIONbond	$452,000	-2.4%	31,000	+4.4%	0.05%	-1.8%
NUV	Buy	NUVEEN MUNI VALUEtax-free	$405,000	+2.5%	43,000	+4.9%	0.05%	+2.1%
MDLZ	Buy	MONDELEZ INTL	$383,000	-7.3%	11,176	+1.9%	0.05%	-6.1%
MRK	Buy	MERCK & CO. INC.	$389,000	+25.5%	6,554	+22.2%	0.05%	+24.3%
IBM	Buy	INTL. BUS. MACHINES	$368,000	+12.9%	1,937	+7.8%	0.04%	+12.8%
EEM	Buy	ISHARES MSCI EMERGING MKTS	$362,000	+2.0%	8,707	+6.1%	0.04%	+2.4%
CAT	Buy	CATERPILLAR INC	$322,000	-4.5%	3,250	+4.8%	0.04%	-5.0%
FHI	Buy	FEDERATED INVS.	$321,000	-0.6%	10,923	+4.6%	0.04%	-2.6%
FB	Buy	FACEBOOK	$311,000	+27.5%	3,940	+8.8%	0.04%	+27.6%
APC	Buy	ANADARKO PETE	$293,000	+28.5%	2,889	+38.6%	0.04%	+29.6%
PEP	New	PEPSICO INC	$292,000	–	3,134	–	0.04%	–
PMC	New	PHARMERICA	$282,000	–	11,556	–	0.03%	–
WFC	New	WELLS FARGO CO.	$272,000	–	5,251	–	0.03%	–
HSY	New	HERSHEY CO	$231,000	–	2,424	–	0.03%	–
AMZN	New	AMAZON.COM	$232,000	–	719	–	0.03%	–
EFA	New	ISHARES MSCI EAFE INDEX	$236,000	–	3,680	–	0.03%	–
PML	New	PIMCO MUNICIPAL INCOME IItax-free	$227,000	–	19,500	–	0.03%	–
UNH	New	UNITEDHEALTH GROUP	$210,000	–	2,440	–	0.02%	–
CBSA	New	CBS CORP B SHARES	$212,000	–	3,958	–	0.02%	–
SLB	New	SCHLUMBERGER	$212,000	–	2,080	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPPbond	$167,000	–	13,500	–	0.02%	–
VTA	Exit	INVESCO DYNAMIC CREDIT OPPbond	$0	–	-13,500	–	-0.02%	–
VWO	Exit	VANGUARD EMERG. MARKETS ETF	$0	–	-4,700	–	-0.02%	–
CMI	Exit	CUMMINS INC	$0	–	-1,400	–	-0.03%	–
IGIB	Exit	iSHARES INTERMED. CREDITbond	$0	–	-2,200	–	-0.03%	–
IJH	Exit	ISHARES CORE S&P MID-CAPmutual	$0	–	-3,000	–	-0.05%	–
	Exit	TOCQUEVILLE GOLD FUND	$0	–	-12,271	–	-0.07%	–
BB	Exit	BLACKBERRY	$0	–	-101,000	–	-0.12%	–
BKLN	Exit	POWERSHARES SENIOR LOAN ETFbond	$0	–	-47,300	–	-0.14%	–
ADT	Exit	ADT CORP.	$0	–	-284,135	–	-1.19%	–

Q2 2014

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTHmutual	$64,614,000	–	710,591	–	7.73%	–
NBR	New	NABORS INDUSTRIES	$34,884,000	–	1,187,750	–	4.17%	–
FDML	New	FEDERAL MOGUL HOLDINGS	$33,541,000	–	1,658,000	–	4.01%	–
CHS	New	CHICO'S FAS INC.	$31,450,000	–	1,854,370	–	3.76%	–
QCOM	New	QUALCOMM INC.	$31,284,000	–	395,004	–	3.74%	–
MMM	New	3M COMPANY	$30,836,000	–	215,276	–	3.69%	–
NUAN	New	NUANCE COMM.	$28,117,000	–	1,497,950	–	3.36%	–
MSFT	New	MICROSOFT CORP	$27,679,000	–	663,756	–	3.31%	–
CVS	New	CVS CAREMARK	$23,974,000	–	318,084	–	2.87%	–
PFE	New	PFIZER INC	$22,712,000	–	765,223	–	2.72%	–
CNO	New	CNO FINANCIAL	$22,458,000	–	1,261,700	–	2.69%	–
GM	New	GENERAL MOTORS	$22,289,000	–	614,031	–	2.67%	–
PM	New	PHILIP MORRIS INTl.	$20,335,000	–	241,189	–	2.43%	–
GLW	New	CORNING, INC.	$19,978,000	–	910,159	–	2.39%	–
DISCK	New	DISCOVER COMM C	$19,962,000	–	275,000	–	2.39%	–
DD	New	DU PONT	$19,308,000	–	295,050	–	2.31%	–
DE	New	DEERE & CO	$19,152,000	–	211,510	–	2.29%	–
JPM	New	J.P. MORGAN CHASE	$17,739,000	–	307,866	–	2.12%	–
BRKB	New	BERKSHIRE HATH B	$17,636,000	–	139,349	–	2.11%	–
QRTEA	New	LIBERTY INTERACTIVE CORP-SER A	$16,148,000	–	550,000	–	1.93%	–
KO	New	COCA COLA CO	$16,055,000	–	379,009	–	1.92%	–
FCX	New	FREEPORT-MCMORAN	$14,712,000	–	403,068	–	1.76%	–
ASCMA	New	ASCENT CAPITAL GROUP INC SERIE	$14,588,000	–	221,000	–	1.74%	–
CVX	New	CHEVRON CORP	$14,001,000	–	107,249	–	1.68%	–
CSCO	New	CISCO SYSTEMS	$13,854,000	–	557,520	–	1.66%	–
MUX	New	MCEWEN MNG INC	$13,825,000	–	4,800,440	–	1.65%	–
VZ	New	VERIZON COMM.	$13,207,000	–	269,917	–	1.58%	–
TWI	New	TITAN INTL INC	$12,961,000	–	770,550	–	1.55%	–
INTC	New	INTEL CORP	$12,554,000	–	406,275	–	1.50%	–
JNJ	New	JOHNSON&JOHNSON	$11,437,000	–	109,320	–	1.37%	–
SHM	New	SPDR SHORT TERM MUNICIPALtax-free	$10,792,000	–	443,550	–	1.29%	–
GDX	New	MARKET VECTORS GOLD MINERSmutual	$10,160,000	–	384,115	–	1.22%	–
XCO	New	EXCO RES INC	$10,031,000	–	1,703,000	–	1.20%	–
USG	New	USG CORP NEW	$9,943,000	–	330,000	–	1.19%	–
ADT	New	ADT CORP.	$9,928,000	–	284,135	–	1.19%	–
GLD	New	SPDR GOLD SHARES	$9,694,000	–	75,708	–	1.16%	–
HALL	New	HALLMARK FINL SVCS INC	$9,514,000	–	885,000	–	1.14%	–
JAKK	New	JAKKS PAC INC	$7,643,000	–	987,500	–	0.91%	–
UCBI	New	UNITED COMMUNITY BANKS INC	$7,244,000	–	442,500	–	0.87%	–
EFG	New	ISHARES EAFE GROWTH INDEX	$6,313,000	–	87,130	–	0.76%	–
LQDT	New	LIQUIDITY SERVICES	$5,139,000	–	326,100	–	0.62%	–
AGG	New	iSHARES CORE TOTAL US BOND MARbond	$4,485,000	–	41,000	–	0.54%	–
SHY	New	iSHARES 1-3 YR TREASURYbond	$4,260,000	–	50,380	–	0.51%	–
AAPL	New	APPLE INC	$4,232,000	–	45,544	–	0.51%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDbond	$3,618,000	–	117,415	–	0.43%	–
SCHO	New	SCHWAB S/T U.S. TREASbond	$2,749,000	–	54,300	–	0.33%	–
UBSI	New	UNITED BANKSHARES	$2,750,000	–	85,069	–	0.33%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$2,695,000	–	67,500	–	0.32%	–
DOV	New	DOVER CORP	$2,556,000	–	28,100	–	0.31%	–
DWX	New	SPDR S&P INTL. DIVIDEND	$2,541,000	–	9,525	–	0.30%	–
NLY	New	ANNALY CAPITAL MGMT REIT	$2,462,000	–	215,400	–	0.30%	–
XOM	New	EXXON MOBIL	$2,181,000	–	21,667	–	0.26%	–
MRGE	New	MERGE HEALTHCARE INC.	$2,069,000	–	911,400	–	0.25%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDITbond	$2,044,000	–	19,341	–	0.24%	–
DLN	New	WISDOMTREE LARGECAP DIVmutual	$1,628,000	–	22,995	–	0.20%	–
FLOT	New	ISHARES FLOATING RATE NOTEbond	$1,572,000	–	30,950	–	0.19%	–
	New	AT&T CORP.	$1,390,000	–	39,309	–	0.17%	–
RDSA	New	ROYAL DUTCH SHELL	$1,334,000	–	16,200	–	0.16%	–
HK	New	HALCON RES CORP	$1,325,000	–	181,750	–	0.16%	–
BKLN	New	POWERSHARES SENIOR LOAN ETFbond	$1,176,000	–	47,300	–	0.14%	–
MO	New	ALTRIA GROUP INC.	$1,176,000	–	28,031	–	0.14%	–
BRKA	New	BERKSHIRE HATH A	$1,139,000	–	6	–	0.14%	–
BB	New	BLACKBERRY	$1,034,000	–	101,000	–	0.12%	–
GOOGL	New	GOOGLE INC A	$1,018,000	–	1,741	–	0.12%	–
FSTR	New	FOSTER LB CO.	$1,022,000	–	18,890	–	0.12%	–
GOOG	New	GOOGLE INC C	$1,002,000	–	1,741	–	0.12%	–
IWD	New	iSHARES RUSSELL 1000 VALUEmutual	$958,000	–	9,457	–	0.12%	–
GE	New	GENERAL ELECTRIC	$925,000	–	35,194	–	0.11%	–
SWN	New	SOUTHWSTRN ENERGY	$864,000	–	19,000	–	0.10%	–
PNC	New	PNC FINANCIAL	$836,000	–	9,391	–	0.10%	–
NEM	New	NEWMONT MINING	$729,000	–	28,650	–	0.09%	–
EMC	New	EMC CORP./MASS	$724,000	–	27,500	–	0.09%	–
IAU	New	ISHARES GOLD TRUST	$703,000	–	54,580	–	0.08%	–
HSIC	New	HENRY SCHEIN	$670,000	–	5,645	–	0.08%	–
PFF	New	iSHARES PREFERRED STOCK INDEXmutual	$666,000	–	16,700	–	0.08%	–
HAL	New	HALLIBURTON CO.	$615,000	–	8,662	–	0.07%	–
COP	New	CONOCOPHILLIPS	$602,000	–	7,020	–	0.07%	–
AMRI	New	ALBANY MOLECULAR	$604,000	–	30,000	–	0.07%	–
	New	TOCQUEVILLE GOLD FUND	$552,000	–	12,271	–	0.07%	–
ARCC	New	ARES CAP CORP	$536,000	–	30,000	–	0.06%	–
MOO	New	MARKET VECTORS AGRIBUSINESS	$520,000	–	9,450	–	0.06%	–
MCD	New	MCDONALD'S CORP.	$479,000	–	4,759	–	0.06%	–
VTI	New	VANGUARD TOTAL STOCK MARKETmutual	$477,000	–	4,687	–	0.06%	–
EVV	New	EATON VANCE LIMITED DURATIONbond	$463,000	–	29,700	–	0.06%	–
PMO	New	PUTNAM MUNI OPPORT TRUSTtax-free	$443,000	–	37,720	–	0.05%	–
IJH	New	ISHARES CORE S&P MID-CAPmutual	$429,000	–	3,000	–	0.05%	–
CUT	New	GUGGENHEIM GLOBAL TIMBER	$421,000	–	16,700	–	0.05%	–
MDY	New	SPDR S&P 400 MIDCAPmutual	$417,000	–	1,600	–	0.05%	–
MDLZ	New	MONDELEZ INTL	$413,000	–	10,971	–	0.05%	–
	New	ALLSTATE CORP.	$411,000	–	7,000	–	0.05%	–
CWGL	New	CRIMSON WINE GROUP LTD	$407,000	–	45,000	–	0.05%	–
NUV	New	NUVEEN MUNI VALUEtax-free	$395,000	–	41,000	–	0.05%	–
	New	TRISTATE CAP HLDGS INC	$382,000	–	27,000	–	0.05%	–
MUB	New	iSHARES NATIONAL AMT-FREE MUNItax-free	$380,000	–	3,500	–	0.04%	–
PG	New	PROCTER & GAMBLE	$357,000	–	4,537	–	0.04%	–
MYF	New	BLACKROCK MUNIYIELD INV FUNDtax-free	$353,000	–	24,000	–	0.04%	–
SCTY	New	SOLARCITY CORP	$353,000	–	5,000	–	0.04%	–
EEM	New	ISHARES MSCI EMERGING MKTS	$355,000	–	8,207	–	0.04%	–
CAT	New	CATERPILLAR INC	$337,000	–	3,100	–	0.04%	–
IBM	New	INTL. BUS. MACHINES	$326,000	–	1,797	–	0.04%	–
	New	BP PLC - SPONS ADR	$329,000	–	6,238	–	0.04%	–
FHI	New	FEDERATED INVS.	$323,000	–	10,447	–	0.04%	–
WYNN	New	WYNN RESORTS LTD	$311,000	–	1,500	–	0.04%	–
MRK	New	MERCK & CO. INC.	$310,000	–	5,365	–	0.04%	–
PPLT	New	ETFS PLATINUM TRUST	$289,000	–	2,000	–	0.04%	–
PSX	New	PHILLIPS 66	$282,000	–	3,500	–	0.03%	–
SPY	New	SPDR S&P 500 ETFmutual	$274,000	–	1,400	–	0.03%	–
TSLA	New	TELSA MOTORS	$276,000	–	1,150	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$257,000	–	2,938	–	0.03%	–
GNW	New	GENWORTH FINL	$261,000	–	15,000	–	0.03%	–
DVY	New	iSHARES DIVIDENDmutual	$252,000	–	3,271	–	0.03%	–
NNVC	New	NANOVIRICIDES	$254,000	–	60,000	–	0.03%	–
BMY	New	BRISTOL-MYERS	$249,000	–	5,135	–	0.03%	–
IGIB	New	iSHARES INTERMED. CREDITbond	$242,000	–	2,200	–	0.03%	–
FB	New	FACEBOOK	$244,000	–	3,620	–	0.03%	–
TIP	New	iSHARES TIPS BOND ETFbond	$231,000	–	2,000	–	0.03%	–
VNQ	New	VANGUARD REIT ETFmutual	$230,000	–	3,068	–	0.03%	–
EDIV	New	SPDR EMERGING MARKETS DIVIDEND	$222,000	–	5,550	–	0.03%	–
APC	New	ANADARKO PETE	$228,000	–	2,084	–	0.03%	–
ABC	New	AMERISOURCEBERGEN	$218,000	–	3,000	–	0.03%	–
CMI	New	CUMMINS INC	$216,000	–	1,400	–	0.03%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETFtax-free	$208,000	–	8,800	–	0.02%	–
SWK	New	STANLEY BLACK & DECKER INC.	$207,000	–	2,357	–	0.02%	–
VWO	New	VANGUARD EMERG. MARKETS ETF	$203,000	–	4,700	–	0.02%	–
VTA	New	INVESCO DYNAMIC CREDIT OPPbond	$175,000	–	13,500	–	0.02%	–
VCF	New	DELAWARE INVSMTS. COLORADO MUNtax-free	$136,000	–	10,000	–	0.02%	–
MNKD	New	MANNKIND CORP	$110,000	–	10,000	–	0.01%	–
LF	New	LEAPFROG ENTER	$73,000	–	10,000	–	0.01%	–
THTX	New	THERATECHNOLOGIES INC COM	$6,000	–	15,000	–	0.00%	–

Q4 2013

			Value		Shares		↓ Weighting
	Exit	NORWOOD RES.	$0	–	-10,000	–	0.00%	–
PFRMF	Exit	PACIFIC RIM MINING	$0	–	-83,000	–	-0.00%	–
THTX	Exit	THERATECHNOLOGIES INC COM	$0	–	-100,166	–	-0.00%	–
HK	Exit	HALCON RES CORP	$0	–	-20,000	–	-0.01%	–
CSG	Exit	CHAMBERS STREET PROPERTIESreit	$0	–	-11,000	–	-0.02%	–
KFN	Exit	KKR FINANCIAL	$0	–	-10,000	–	-0.02%	–
GNW	Exit	GENWORTH FINL	$0	–	-10,000	–	-0.02%	–
	Exit	TRISTATE CAP HLDGS INC COM	$0	–	-10,000	–	-0.02%	–
TFI	Exit	SPDR BARCLAYS MUNI BOND ETFetf	$0	–	-8,800	–	-0.03%	–
SLV	Exit	ISHARES SILVER TRUSTetf	$0	–	-9,814	–	-0.03%	–
PSX	Exit	PHILLIPS 66	$0	–	-3,500	–	-0.03%	–
SWK	Exit	STANLEY BLACK & DECKER INC.	$0	–	-2,357	–	-0.03%	–
4945SC	Exit	KINDER MORGAN ENERGY PRTNRS. L	$0	–	-2,668	–	-0.03%	–
COH	Exit	COACH INC.	$0	–	-4,022	–	-0.03%	–
TSLA	Exit	TELSA MOTORS	$0	–	-1,150	–	-0.03%	–
TIP	Exit	iSHARES BARCLAYS TIPSetf	$0	–	-2,000	–	-0.03%	–
ITW	Exit	ILLINOIS TOOL WKS	$0	–	-2,938	–	-0.03%	–
EVV	Exit	EATON VANCE LIMITED DURATIONmutual	$0	–	-15,000	–	-0.04%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-1,500	–	-0.04%	–
ORCL	Exit	ORACLE CORP.	$0	–	-7,250	–	-0.04%	–
VNM	Exit	MARKET VECTORS VIETNAM ETFetf	$0	–	-14,000	–	-0.04%	–
CAT	Exit	CATERPILLAR INC	$0	–	-3,100	–	-0.04%	–
MRK	Exit	MERCK & CO. INC.	$0	–	-5,408	–	-0.04%	–
SPY	Exit	SPDR S&P 500 ETFetf	$0	–	-1,575	–	-0.04%	–
	Exit	BP PLC - SPONS ADR	$0	–	-6,238	–	-0.04%	–
EEM	Exit	ISHARES MSCI EMERGING MKTSetf	$0	–	-6,670	–	-0.04%	–
CME	Exit	CME GROUP INC	$0	–	-3,700	–	-0.04%	–
PPLT	Exit	ETFS PLATINUM TRUSTetf	$0	–	-2,000	–	-0.04%	–
SCTY	Exit	SOLARCITY CORP	$0	–	-8,000	–	-0.04%	–
IGIB	Exit	iSHARES INTERMED. CREDITetf	$0	–	-2,750	–	-0.04%	–
BMY	Exit	BRISTOL-MYERS	$0	–	-6,659	–	-0.05%	–
MYF	Exit	BLACKROCK MUNIYIELD INV FUNDmutual	$0	–	-24,000	–	-0.05%	–
DVY	Exit	iSHARES DIVIDENDetf	$0	–	-5,035	–	-0.05%	–
IBM	Exit	INTL. BUS. MACHINES	$0	–	-1,847	–	-0.05%	–
MDLZ	Exit	MONDELEZ INTL	$0	–	-10,941	–	-0.05%	–
PG	Exit	PROCTER & GAMBLE	$0	–	-4,607	–	-0.05%	–
	Exit	ALLSTATE CORP.	$0	–	-7,000	–	-0.05%	–
TWI	Exit	TITAN INTL INC	$0	–	-25,000	–	-0.06%	–
FSTR	Exit	FOSTER LB CO.	$0	–	-7,980	–	-0.06%	–
MUB	Exit	iSHARES NATIONAL AMT-FREE MUNIetf	$0	–	-3,600	–	-0.06%	–
IJH	Exit	ISHARES TR S&P MIDCAP 400etf	$0	–	-3,000	–	-0.06%	–
FHI	Exit	FEDERATED INVS.	$0	–	-14,947	–	-0.06%	–
CUT	Exit	GUGGENHEIM GLOBAL TIMBERetf	$0	–	-16,700	–	-0.06%	–
HAL	Exit	HALLIBURTON CO.	$0	–	-8,662	–	-0.06%	–
MOO	Exit	MARKET VECTORS AGRIBUSINESSetf	$0	–	-9,150	–	-0.07%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-7,000	–	-0.07%	–
PFF	Exit	iSHARES PREFERRED STOCK INDEXetf	$0	–	-13,400	–	-0.08%	–
ARCC	Exit	ARES CAP CORP	$0	–	-30,000	–	-0.08%	–
NEM	Exit	NEWMONT MINING	$0	–	-21,650	–	-0.09%	–
HSIC	Exit	HENRY SCHEIN	$0	–	-5,915	–	-0.09%	–
SHY	Exit	ISHARES BARCLAYS 1-3 YR TREASetf	$0	–	-7,550	–	-0.10%	–
IWD	Exit	iSHARES RUSSELL 1000 VALUEetf	$0	–	-7,957	–	-0.10%	–
SWN	Exit	SOUTHWSTRN ENERGY	$0	–	-19,000	–	-0.10%	–
PNC	Exit	PNC FINANCIAL	$0	–	-9,591	–	-0.11%	–
IAU	Exit	ISHARES GOLD TRUSTetf	$0	–	-54,705	–	-0.11%	–
EMC	Exit	EMC CORP./MASS	$0	–	-29,106	–	-0.11%	–
LF	Exit	LEAPFROG ENTER	$0	–	-85,000	–	-0.12%	–
GE	Exit	GENERAL ELECTRIC	$0	–	-35,184	–	-0.13%	–
MO	Exit	ALTRIA GROUP INC.	$0	–	-28,331	–	-0.15%	–
BKLN	Exit	POWERSHARES SENIOR LOAN ETFetf	$0	–	-40,300	–	-0.15%	–
BRKA	Exit	BERKSHIRE HATHAWAY CL A	$0	–	-6	–	-0.16%	–
RDSA	Exit	ROYAL DUTCH SHELL	$0	–	-18,207	–	-0.18%	–
	Exit	AT&T CORP.	$0	–	-35,838	–	-0.18%	–
MRGE	Exit	MERGE HEALTHCARE INC.	$0	–	-500,000	–	-0.20%	–
MCD	Exit	MCDONALD'S CORP.	$0	–	-14,759	–	-0.22%	–
FLOT	Exit	ISHARES FLOATING RATE NOTEetf	$0	–	-28,450	–	-0.22%	–
GOOGL	Exit	GOOGLE INC	$0	–	-1,720	–	-0.23%	–
DLN	Exit	WISDOMTREE LARGECAP DIVetf	$0	–	-26,495	–	-0.25%	–
DOV	Exit	DOVER CORP	$0	–	-19,100	–	-0.26%	–
XOM	Exit	EXXON MOBIL	$0	–	-21,888	–	-0.29%	–
SCHO	Exit	SCHWAB S/T U.S. TREASetf	$0	–	-43,600	–	-0.34%	–
IGSB	Exit	iSHARES BARCLAYS 1-3 YR CREDITetf	$0	–	-21,341	–	-0.34%	–
DWX	Exit	SPDR S&P INTL. DIVIDENDetf	$0	–	-51,025	–	-0.36%	–
UBSI	Exit	UNITED BANKSHARES	$0	–	-85,069	–	-0.38%	–
FBHS	Exit	FORTUNE BRANDS HOME & SECURITY	$0	–	-68,500	–	-0.43%	–
AAPL	Exit	APPLE INC	$0	–	-6,537	–	-0.47%	–
JAKK	Exit	JAKKS PAC INC	$0	–	-700,000	–	-0.48%	–
SPSB	Exit	SPDR SHORT-TERM CORPORATE BONDetf	$0	–	-106,415	–	-0.50%	–
EFG	Exit	ISHARES EAFE GROWTH INDEXetf	$0	–	-73,726	–	-0.76%	–
UCBI	Exit	UNITED COMMUNITY BANKS INC	$0	–	-400,000	–	-0.91%	–
GDX	Exit	MARKET VECTORS GOLD MINERSetf	$0	–	-262,415	–	-1.00%	–
HALL	Exit	HALLMARK FINL SVCS INC	$0	–	-800,000	–	-1.08%	–
FO	Exit	BEAM INC.	$0	–	-111,488	–	-1.10%	–
AGG	Exit	iSHARES CORE TOTAL US BOND MARetf	$0	–	-72,700	–	-1.19%	–
INTC	Exit	INTEL CORP	$0	–	-371,660	–	-1.30%	–
USG	Exit	USG CORP NEW	$0	–	-300,000	–	-1.30%	–
NUAN	Exit	NUANCE COMM.	$0	–	-461,500	–	-1.31%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-376,664	–	-1.34%	–
GLD	Exit	SPDR GOLD TRUSTetf	$0	–	-70,698	–	-1.38%	–
MUX	Exit	MCEWEN MNG INC	$0	–	-3,821,240	–	-1.40%	–
KO	Exit	COCA COLA CO	$0	–	-245,202	–	-1.41%	–
VZ	Exit	VERIZON COMM.	$0	–	-201,281	–	-1.43%	–
JNJ	Exit	JOHNSON&JOHNSON	$0	–	-109,869	–	-1.45%	–
QRTEA	Exit	LIBERTY INTERACTIVE CORP-SER A	$0	–	-410,000	–	-1.46%	–
WBMD	Exit	WEBMD HEALTH	$0	–	-353,724	–	-1.54%	–
ADT	Exit	ADT CORP.	$0	–	-256,182	–	-1.59%	–
SHM	Exit	SPDR SHORT TERM MUNICIPALetf	$0	–	-435,600	–	-1.61%	–
FCX	Exit	FREEPORT-MCMORAN	$0	–	-323,114	–	-1.63%	–
CVX	Exit	CHEVRON CORP	$0	–	-91,924	–	-1.70%	–
GLW	Exit	CORNING, INC.	$0	–	-830,720	–	-1.84%	–
TYC	Exit	TYCO INTL.	$0	–	-357,476	–	-1.90%	–
JPM	Exit	J.P. MORGAN CHASE	$0	–	-244,474	–	-1.92%	–
BRKB	Exit	BERKSHIRE HATHAWAY CL B	$0	–	-119,595	–	-2.07%	–
PM	Exit	PHILIP MORRIS INTl.	$0	–	-169,472	–	-2.23%	–
DE	Exit	DEERE & CO	$0	–	-193,310	–	-2.40%	–
DD	Exit	DU PONT	$0	–	-268,950	–	-2.40%	–
ASCMA	Exit	ASCENT CAPITAL GROUP INC SERIE	$0	–	-200,000	–	-2.46%	–
ZBH	Exit	ZIMMER HOLDINGS	$0	–	-199,685	–	-2.50%	–
NBR	Exit	NABORS INDUSTRIES	$0	–	-1,032,200	–	-2.52%	–
CVS	Exit	CVS CAREMARK	$0	–	-327,770	–	-2.83%	–
GMPRB	Exit	GENERAL MOTORS 4.75% 12/1/13conv pref	$0	–	-376,765	–	-2.88%	–
PFE	Exit	PFIZER INC	$0	–	-661,508	–	-2.89%	–
DISCK	Exit	DISCOVER COMM C	$0	–	-250,000	–	-2.97%	–
FDML	Exit	FEDERAL MOGUL	$0	–	-1,254,700	–	-3.21%	–
HAR	Exit	HARMAN INTL.	$0	–	-320,100	–	-3.23%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-662,239	–	-3.36%	–
CNO	Exit	CNO FINANCIAL	$0	–	-1,596,600	–	-3.50%	–
QCOM	Exit	QUALCOMM INC.	$0	–	-378,086	–	-3.88%	–
MMM	Exit	3M COMPANY	$0	–	-217,032	–	-3.95%	–
IWF	Exit	iSHARES RUSSELL 1000 GROWTHetf	$0	–	-701,651	–	-8.35%	–

Q3 2013

			Value		Shares		↓ Weighting
IWF	Sell	iSHARES RUSSELL 1000 GROWTHetf	$54,869,000	+7.5%	701,651	-0.0%	8.35%	+1.2%
MMM	Sell	3M COMPANY	$25,916,000	+8.4%	217,032	-0.8%	3.95%	+2.0%
QCOM	Buy	QUALCOMM INC.	$25,453,000	+12.4%	378,086	+2.0%	3.88%	+5.8%
CNO	Sell	CNO FINANCIAL	$22,991,000	-35.7%	1,596,600	-42.2%	3.50%	-39.5%
MSFT	Buy	MICROSOFT CORP	$22,039,000	-2.2%	662,239	+1.5%	3.36%	-8.0%
HAR	Sell	HARMAN INTL.	$21,200,000	+5.4%	320,100	-13.8%	3.23%	-0.8%
FDML	Sell	FEDERAL MOGUL	$21,066,000	+35.2%	1,254,700	-17.8%	3.21%	+27.3%
PFE	Buy	PFIZER INC	$19,002,000	+5.8%	661,508	+3.2%	2.89%	-0.4%
GMPRB	Sell	GENERAL MOTORS 4.75% 12/1/13conv pref	$18,895,000	+4.1%	376,765	-0.0%	2.88%	-2.0%
CVS	Sell	CVS CAREMARK	$18,601,000	-1.0%	327,770	-0.3%	2.83%	-6.8%
NBR	Buy	NABORS INDUSTRIES	$16,577,000	+260.9%	1,032,200	+244.1%	2.52%	+239.7%
ZBH	Buy	ZIMMER HOLDINGS	$16,402,000	+10.0%	199,685	+0.3%	2.50%	+3.5%
DD	Buy	DU PONT	$15,750,000	+11.7%	268,950	+0.2%	2.40%	+5.2%
DE	Buy	DEERE & CO	$15,734,000	+7.1%	193,310	+6.9%	2.40%	+0.8%
PM	Buy	PHILIP MORRIS INTl.	$14,675,000	+8.0%	169,472	+8.0%	2.23%	+1.6%
BRKB	Buy	BERKSHIRE HATHAWAY CL B	$13,575,000	+1.7%	119,595	+0.3%	2.07%	-4.3%
JPM	Buy	J.P. MORGAN CHASE	$12,637,000	+1.3%	244,474	+3.5%	1.92%	-4.6%
TYC	Sell	TYCO INTL.	$12,505,000	-27.2%	357,476	-31.5%	1.90%	-31.5%
GLW	Buy	CORNING, INC.	$12,120,000	+2.5%	830,720	+0.0%	1.84%	-3.5%
CVX	Buy	CHEVRON CORP	$11,169,000	+5.3%	91,924	+2.6%	1.70%	-0.9%
FCX	Buy	FREEPORT-MCMORAN	$10,689,000	+30.0%	323,114	+8.5%	1.63%	+22.3%
SHM	Buy	SPDR SHORT TERM MUNICIPALetf	$10,550,000	+7.7%	435,600	+6.2%	1.61%	+1.3%
ADT	Buy	ADT CORP.	$10,416,000	+12.4%	256,182	+10.2%	1.59%	+5.8%
WBMD	Sell	WEBMD HEALTH	$10,099,000	-14.6%	353,724	-12.1%	1.54%	-19.6%
JNJ	Buy	JOHNSON&JOHNSON	$9,525,000	+1.7%	109,869	+0.8%	1.45%	-4.2%
VZ	Buy	VERIZON COMM.	$9,395,000	-6.6%	201,281	+0.7%	1.43%	-12.1%
KO	Buy	COCA COLA CO	$9,288,000	+23.7%	245,202	+31.0%	1.41%	+16.5%
MUX	Sell	MCEWEN MNG INC	$9,171,000	+32.3%	3,821,240	-7.4%	1.40%	+24.5%
GLD	Buy	SPDR GOLD TRUSTetf	$9,062,000	+7.9%	70,698	+0.3%	1.38%	+1.6%
CSCO	Buy	CISCO SYSTEMS	$8,826,000	-3.4%	376,664	+0.3%	1.34%	-9.1%
NUAN	Buy	NUANCE COMM.	$8,621,000	+12.4%	461,500	+10.7%	1.31%	+5.8%
INTC	Buy	INTEL CORP	$8,519,000	+0.0%	371,660	+5.7%	1.30%	-5.8%
AGG	Sell	iSHARES CORE TOTAL US BOND MARetf	$7,793,000	-7.7%	72,700	-7.7%	1.19%	-13.2%
FO	Sell	BEAM INC.	$7,208,000	+2.0%	111,488	-0.4%	1.10%	-4.0%
GDX	Buy	MARKET VECTORS GOLD MINERSetf	$6,566,000	+7.4%	262,415	+5.1%	1.00%	+1.1%
EFG	Buy	ISHARES EAFE GROWTH INDEXetf	$5,023,000	+15.8%	73,726	+5.0%	0.76%	+9.1%
SPSB	Buy	SPDR SHORT-TERM CORPORATE BONDetf	$3,271,000	+10.8%	106,415	+10.3%	0.50%	+4.4%
JAKK	New	JAKKS PAC INC	$3,150,000	–	700,000	–	0.48%	–
AAPL	Buy	APPLE INC	$3,116,000	+20.9%	6,537	+0.5%	0.47%	+13.7%
DWX	Buy	SPDR S&P INTL. DIVIDENDetf	$2,380,000	+13.5%	51,025	+6.2%	0.36%	+6.8%
SCHO	Buy	SCHWAB S/T U.S. TREASetf	$2,203,000	+1.8%	43,600	+1.6%	0.34%	-4.3%
XOM	Buy	EXXON MOBIL	$1,883,000	-1.8%	21,888	+3.1%	0.29%	-7.4%
DLN	Sell	WISDOMTREE LARGECAP DIVetf	$1,622,000	+1.2%	26,495	-1.1%	0.25%	-4.6%
MCD	Buy	MCDONALD'S CORP.	$1,420,000	-1.9%	14,759	+0.9%	0.22%	-7.7%
	Buy	AT&T CORP.	$1,212,000	-3.6%	35,838	+0.9%	0.18%	-8.9%
BRKA	Sell	BERKSHIRE HATHAWAY CL A	$1,022,000	+1.0%	6	-99.0%	0.16%	-4.9%
BKLN	Buy	POWERSHARES SENIOR LOAN ETFetf	$995,000	+5.9%	40,300	+6.1%	0.15%	-0.7%
MO	Buy	ALTRIA GROUP INC.	$973,000	+9.3%	28,331	+11.3%	0.15%	+2.8%
GE	Buy	GENERAL ELECTRIC	$841,000	+11.5%	35,184	+8.2%	0.13%	+4.9%
LF	Sell	LEAPFROG ENTER	$801,000	-18.6%	85,000	-15.0%	0.12%	-23.3%
EMC	Buy	EMC CORP./MASS	$744,000	+54.0%	29,106	+42.5%	0.11%	+44.9%
IAU	Buy	ISHARES GOLD TRUSTetf	$705,000	+8.8%	54,705	+1.3%	0.11%	+1.9%
PFF	Buy	iSHARES PREFERRED STOCK INDEXetf	$509,000	+0.4%	13,400	+3.9%	0.08%	-6.1%
FHI	Sell	FEDERATED INVS.	$406,000	-16.3%	14,947	-15.5%	0.06%	-20.5%
MUB	Sell	iSHARES NATIONAL AMT-FREE MUNIetf	$376,000	-12.8%	3,600	-12.2%	0.06%	-18.6%
FSTR	Buy	FOSTER LB CO.	$365,000	+54.0%	7,980	+45.1%	0.06%	+47.4%
IBM	Buy	INTL. BUS. MACHINES	$342,000	+37.9%	1,847	+42.4%	0.05%	+30.0%
DVY	Buy	iSHARES DIVIDENDetf	$334,000	+56.8%	5,035	+51.6%	0.05%	+50.0%
BMY	New	BRISTOL-MYERS	$308,000	–	6,659	–	0.05%	–
CME	New	CME GROUP INC	$273,000	–	3,700	–	0.04%	–
EEM	New	ISHARES MSCI EMERGING MKTSetf	$272,000	–	6,670	–	0.04%	–
SPY	New	SPDR S&P 500 ETFetf	$265,000	–	1,575	–	0.04%	–
MRK	Buy	MERCK & CO. INC.	$257,000	+3.2%	5,408	+0.8%	0.04%	-2.5%
CAT	New	CATERPILLAR INC	$259,000	–	3,100	–	0.04%	–
ORCL	New	ORACLE CORP.	$240,000	–	7,250	–	0.04%	–
WYNN	New	WYNN RESORTS LTD	$237,000	–	1,500	–	0.04%	–
EVV	New	EATON VANCE LIMITED DURATIONmutual	$235,000	–	15,000	–	0.04%	–
TSLA	New	TELSA MOTORS	$222,000	–	1,150	–	0.03%	–
SWK	New	STANLEY BLACK & DECKER INC.	$213,000	–	2,357	–	0.03%	–
4945SC	New	KINDER MORGAN ENERGY PRTNRS. L	$213,000	–	2,668	–	0.03%	–
SLV	New	ISHARES SILVER TRUSTetf	$205,000	–	9,814	–	0.03%	–
GNW	New	GENWORTH FINL	$128,000	–	10,000	–	0.02%	–
CSG	New	CHAMBERS STREET PROPERTIESreit	$97,000	–	11,000	–	0.02%	–
HK	New	HALCON RES CORP	$89,000	–	20,000	–	0.01%	–
OPTR	Exit	OPTIMER PHARM.	$0	–	-20,000	–	-0.05%	–
KORS	Exit	MICHAEL KORS	$0	–	-5,000	–	-0.05%	–

Q2 2013

			Value		Shares		↓ Weighting
IWF	New	iSHARES RUSSELL 1000 GROWTHmutual	$51,053,000	–	701,851	–	8.26%	–
CNO	New	CNO FINANCIAL	$35,772,000	–	2,760,180	–	5.79%	–
MMM	New	3M COMPANY	$23,918,000	–	218,732	–	3.87%	–
QCOM	New	QUALCOMM INC.	$22,639,000	–	370,583	–	3.66%	–
MSFT	New	MICROSOFT CORP	$22,534,000	–	652,313	–	3.64%	–
HAR	New	HARMAN INTL.	$20,122,000	–	371,250	–	3.25%	–
CVS	New	CVS CAREMARK	$18,789,000	–	328,600	–	3.04%	–
GMPRB	New	GENERAL MOTORS 4.75% 12/1/13pfd	$18,150,000	–	376,865	–	2.94%	–
PFE	New	PFIZER INC	$17,958,000	–	641,118	–	2.90%	–
DISCK	New	DISCOVER COMM C	$17,443,000	–	250,000	–	2.82%	–
TYC	New	TYCO INTL.	$17,188,000	–	521,646	–	2.78%	–
ASCMA	New	ASCENT CAPITAL GROUP INC SERIE	$15,614,000	–	200,000	–	2.52%	–
FDML	New	FEDERAL MOGUL CORP. RIGHTSrights	$15,580,000	–	1,526,011	–	2.52%	–
ZBH	New	ZIMMER HOLDINGS	$14,916,000	–	199,035	–	2.41%	–
DE	New	DEERE & CO	$14,695,000	–	180,860	–	2.38%	–
DD	New	DU PONT	$14,094,000	–	268,450	–	2.28%	–
PM	New	PHILIP MORRIS INTl.	$13,594,000	–	156,937	–	2.20%	–
BRKB	New	BERKSHIRE HATHAWAY CL B	$13,351,000	–	119,295	–	2.16%	–
JPM	New	J.P. MORGAN CHASE	$12,471,000	–	236,230	–	2.02%	–
GLW	New	CORNING, INC.	$11,821,000	–	830,710	–	1.91%	–
WBMD	New	WEBMD HEALTH	$11,821,000	–	402,500	–	1.91%	–
CVX	New	CHEVRON CORP	$10,603,000	–	89,598	–	1.72%	–
VZ	New	VERIZON COMM.	$10,058,000	–	199,796	–	1.63%	–
SHM	New	SPDR SHORT TERM MUNICIPALtax-free	$9,799,000	–	410,000	–	1.58%	–
QRTEA	New	LIBERTY INTERACTIVE CORP-SER A	$9,434,000	–	410,000	–	1.53%	–
JNJ	New	JOHNSON&JOHNSON	$9,362,000	–	109,041	–	1.51%	–
ADT	New	ADT CORP.	$9,266,000	–	232,522	–	1.50%	–
CSCO	New	CISCO SYSTEMS	$9,139,000	–	375,550	–	1.48%	–
INTC	New	INTEL CORP	$8,516,000	–	351,460	–	1.38%	–
AGG	New	iSHARES CORE TOTAL US BOND MARbond	$8,445,000	–	78,770	–	1.37%	–
GLD	New	SPDR GOLD TRUST	$8,397,000	–	70,498	–	1.36%	–
FCX	New	FREEPORT-MCMORAN	$8,221,000	–	297,761	–	1.33%	–
NUAN	New	NUANCE COMM.	$7,673,000	–	417,000	–	1.24%	–
KO	New	COCA COLA CO	$7,509,000	–	187,209	–	1.21%	–
HALL	New	HALLMARK FINL SVCS INC	$7,312,000	–	800,000	–	1.18%	–
FO	New	BEAM INC.	$7,065,000	–	111,948	–	1.14%	–
MUX	New	MCEWEN MNG INC	$6,931,000	–	4,125,440	–	1.12%	–
USG	New	USG CORP NEW	$6,915,000	–	300,000	–	1.12%	–
GDX	New	MARKET VECTORS GOLD MINERSmutual	$6,116,000	–	249,715	–	0.99%	–
UCBI	New	UNITED COMMUNITY BANKS INC	$4,968,000	–	400,000	–	0.80%	–
NBR	New	NABORS INDUSTRIES	$4,593,000	–	300,000	–	0.74%	–
EFG	New	ISHARES EAFE GROWTH INDEX	$4,336,000	–	70,226	–	0.70%	–
SPSB	New	SPDR SHORT-TERM CORPORATE BONDbond	$2,952,000	–	96,515	–	0.48%	–
FBHS	New	FORTUNE BRANDS HOME & SECURITY	$2,654,000	–	68,500	–	0.43%	–
AAPL	New	APPLE INC	$2,578,000	–	6,502	–	0.42%	–
UBSI	New	UNITED BANKSHARES	$2,250,000	–	85,069	–	0.36%	–
IGSB	New	iSHARES BARCLAYS 1-3 YR CREDITbond	$2,241,000	–	21,341	–	0.36%	–
SCHO	New	SCHWAB S/T U.S. TREASbond	$2,165,000	–	42,900	–	0.35%	–
DWX	New	SPDR S&P INTL. DIVIDEND	$2,096,000	–	48,025	–	0.34%	–
XOM	New	EXXON MOBIL	$1,918,000	–	21,228	–	0.31%	–
MRGE	New	MERGE HEALTHCARE INC.	$1,800,000	–	500,000	–	0.29%	–
DLN	New	WISDOMTREE LARGECAP DIVmutual	$1,603,000	–	26,795	–	0.26%	–
GOOGL	New	GOOGLE INC	$1,514,000	–	1,720	–	0.24%	–
DOV	New	DOVER CORP	$1,483,000	–	19,100	–	0.24%	–
MCD	New	MCDONALD'S CORP.	$1,448,000	–	14,624	–	0.23%	–
FLOT	New	ISHARES FLOATING RATE NOTEbond	$1,440,000	–	28,450	–	0.23%	–
	New	AT&T CORP.	$1,257,000	–	35,519	–	0.20%	–
RDSA	New	ROYAL DUTCH SHELL	$1,162,000	–	18,207	–	0.19%	–
BRKA	New	BERKSHIRE HATHAWAY CL A	$1,012,000	–	600	–	0.16%	–
LF	New	LEAPFROG ENTER	$984,000	–	100,000	–	0.16%	–
BKLN	New	POWERSHARES SENIOR LOAN ETFbond	$940,000	–	38,000	–	0.15%	–
MO	New	ALTRIA GROUP INC.	$890,000	–	25,444	–	0.14%	–
GE	New	GENERAL ELECTRIC	$754,000	–	32,522	–	0.12%	–
PNC	New	PNC FINANCIAL	$699,000	–	9,591	–	0.11%	–
SWN	New	SOUTHWSTRN ENERGY	$694,000	–	19,000	–	0.11%	–
IWD	New	iSHARES RUSSELL 1000 VALUEmutual	$667,000	–	7,957	–	0.11%	–
NEM	New	NEWMONT MINING	$648,000	–	21,650	–	0.10%	–
IAU	New	ISHARES COMEX GOLD TRUST	$648,000	–	54,005	–	0.10%	–
SHY	New	ISHARES BARCLAYS 1-3 YR TREASbond	$636,000	–	7,550	–	0.10%	–
HSIC	New	HENRY SCHEIN	$566,000	–	5,915	–	0.09%	–
ARCC	New	ARES CAP CORP	$516,000	–	30,000	–	0.08%	–
PFF	New	iSHARES PREFERRED STOCK INDEXmutual	$507,000	–	12,900	–	0.08%	–
FHI	New	FEDERATED INVS.	$485,000	–	17,697	–	0.08%	–
EMC	New	EMC CORP./MASS	$483,000	–	20,428	–	0.08%	–
MOO	New	MARKET VECTORS AGRIBUSINESS	$468,000	–	9,150	–	0.08%	–
MUB	New	iSHARES NATIONAL AMT-FREE MUNItax-free	$431,000	–	4,100	–	0.07%	–
TWI	New	TITAN INTL INC	$422,000	–	25,000	–	0.07%	–
COP	New	CONOCOPHILLIPS	$423,000	–	7,000	–	0.07%	–
CUT	New	GUGGENHEIM GLOBAL TIMBER	$362,000	–	16,700	–	0.06%	–
HAL	New	HALLIBURTON CO.	$361,000	–	8,662	–	0.06%	–
PG	New	PROCTER & GAMBLE	$355,000	–	4,607	–	0.06%	–
MYF	New	BLACKROCK MUNIYIELD INV FUNDtax-free	$348,000	–	24,000	–	0.06%	–
IJH	New	ISHARES TR S&P MIDCAP 400mutual	$346,000	–	3,000	–	0.06%	–
	New	ALLSTATE CORP.	$337,000	–	7,000	–	0.06%	–
KORS	New	MICHAEL KORS	$310,000	–	5,000	–	0.05%	–
MDLZ	New	MONDELEZ INTL	$312,000	–	10,941	–	0.05%	–
SCTY	New	SOLARCITY CORP	$302,000	–	8,000	–	0.05%	–
IGIB	New	iSHARES INTERMED. CREDITbond	$296,000	–	2,750	–	0.05%	–
OPTR	New	OPTIMER PHARM.	$289,000	–	20,000	–	0.05%	–
	New	BP PLC - SPONS ADR	$260,000	–	6,238	–	0.04%	–
VNM	New	MARKET VECTORS VIETNAM ETF	$260,000	–	14,000	–	0.04%	–
PPLT	New	ETFS PLATINUM TRUST	$262,000	–	2,000	–	0.04%	–
IBM	New	INTL. BUS. MACHINES	$248,000	–	1,297	–	0.04%	–
MRK	New	MERCK & CO. INC.	$249,000	–	5,365	–	0.04%	–
FSTR	New	FOSTER LB CO.	$237,000	–	5,500	–	0.04%	–
COH	New	COACH INC.	$230,000	–	4,022	–	0.04%	–
TIP	New	iSHARES BARCLAYS TIPSbond	$224,000	–	2,000	–	0.04%	–
DVY	New	iSHARES DIVIDENDmutual	$213,000	–	3,321	–	0.03%	–
ITW	New	ILLINOIS TOOL WKS	$203,000	–	2,938	–	0.03%	–
PSX	New	PHILLIPS 66	$206,000	–	3,500	–	0.03%	–
TFI	New	SPDR BARCLAYS MUNI BOND ETFtax-free	$201,000	–	8,800	–	0.03%	–
	New	TRISTATE CAP HLDGS INC COM	$137,000	–	10,000	–	0.02%	–
KFN	New	KKR FINANCIAL	$105,000	–	10,000	–	0.02%	–
THTX	New	THERATECHNOLOGIES INC COM	$28,000	–	100,166	–	0.01%	–
PFRMF	New	PACIFIC RIM MINING	$4,000	–	83,000	–	0.00%	–
	New	NORWOOD RES.	$0	–	10,000	–	0.00%	–

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