FIDUCIARY TRUST INTERNATIONAL LLC Activity Q4 2009-Q2 2020

Q2 2020

			Value		Shares		↓ Weighting
TMO	New	Thermo Fisher Scientific Inc	$58,115,000	–	160,388	–	9.53%	–
SPY	New	SPDR S&P 500 ETF Trusttr unit	$56,862,000	–	184,402	–	9.32%	–
IAU	New	iShares Gold Trustishares	$56,201,000	–	3,307,914	–	9.21%	–
NDSN	New	Nordson Corp CMN	$24,545,000	–	129,382	–	4.02%	–
AAPL	New	Apple, Inc	$23,939,000	–	65,623	–	3.92%	–
IWV	New	iShares Russell 3000 ETFrussell 3000 etf	$20,566,000	–	114,220	–	3.37%	–
GOOG	New	Alphabet Inc., Class C Sharescap stk cl c	$18,313,000	–	12,955	–	3.00%	–
MSFT	New	Microsoft Corporation	$18,258,000	–	89,717	–	2.99%	–
PGR	New	Progressive Corporation	$18,014,000	–	224,862	–	2.95%	–
GOOGL	New	Alphabet Inc., Class A Sharescap stk cl a	$16,922,000	–	11,933	–	2.77%	–
SEDG	New	SolarEdge Technologies, INC	$15,068,000	–	108,578	–	2.47%	–
JNJ	New	Johnson & Johnson	$12,967,000	–	92,206	–	2.13%	–
ETN	New	Eaton Corp. Plc	$12,104,000	–	138,368	–	1.98%	–
VEA	New	Vanguard FTSE Developed Markets ETFftse dev mkt etf	$11,832,000	–	305,023	–	1.94%	–
HD	New	Home Depot, Inc.	$11,182,000	–	44,636	–	1.83%	–
DVY	New	iShares Select Dividend ETFselect divid etf	$9,919,000	–	122,882	–	1.63%	–
BRKA	New	Berkshire Hathaway Inc. Class Acl a	$9,890,000	–	37	–	1.62%	–
MMC	New	Marsh & McLennan Companies, Inc.	$9,598,000	–	89,390	–	1.57%	–
NVDA	New	Nvidia Corp	$9,575,000	–	25,204	–	1.57%	–
SAP	New	SAP AG - Sponsored ADRspon adr	$9,170,000	–	65,500	–	1.50%	–
GLD	New	SPDR Gold Shares	$8,880,000	–	53,057	–	1.46%	–
MDT	New	Medtronic Plc	$8,089,000	–	88,212	–	1.33%	–
INTC	New	Intel Corporation	$7,448,000	–	124,483	–	1.22%	–
GTTN	New	GTT Communications, Inc.	$7,076,000	–	867,168	–	1.16%	–
LRCX	New	Lam Research Corporation	$5,984,000	–	18,500	–	0.98%	–
VNQ	New	Vanguard Index Fds Reit ETFreal estate etf	$5,732,000	–	72,997	–	0.94%	–
CSCO	New	Cisco Systems	$5,617,000	–	120,429	–	0.92%	–
MMM	New	3M Company	$5,396,000	–	34,591	–	0.88%	–
ACLS	New	Axcelis Technologies, Inc.	$4,939,000	–	177,350	–	0.81%	–
ETV	New	Eaton Vance Tax Managed Buy Write	$4,421,000	–	313,088	–	0.72%	–
ORCL	New	Oracle Corporation	$4,394,000	–	79,492	–	0.72%	–
IWM	New	iShares Russell 2000 ETFrussell 2000 etf	$4,295,000	–	29,999	–	0.70%	–
MA	New	Mastercard Incorporated Class Acl a	$4,220,000	–	14,272	–	0.69%	–
QCOM	New	Qualcomm Inc	$4,207,000	–	46,125	–	0.69%	–
GDX	New	VanEck Vectors Gold Miners ETFgold miners etf	$4,081,000	–	111,254	–	0.67%	–
IJR	New	iShares Core S&P Small Cap ETFcore s&p scp etf	$3,808,000	–	55,768	–	0.62%	–
GUNR	New	FlexShares Mstar Glbl Upstrm Nat Res ETFmornstar upstr	$3,723,000	–	134,689	–	0.61%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADRsponsored ads	$3,640,000	–	64,114	–	0.60%	–
CDAY	New	CERIDIAN HCM HLDG INC (15677J10)	$3,432,000	–	43,301	–	0.56%	–
FSLF	New	First Eagle Senior Loan Fund	$3,354,000	–	271,989	–	0.55%	–
VIG	New	Vanguard Dividend Appreciation ETFdiv app etf	$3,146,000	–	26,851	–	0.52%	–
AMT	New	American Tower Corp Class A	$3,003,000	–	11,617	–	0.49%	–
FB	New	Facebook Inc Class Acl a	$2,531,000	–	11,148	–	0.42%	–
VTI	New	Vanguard Total Stock Market ETFtotal stk mkt	$2,354,000	–	15,036	–	0.39%	–
CEF	New	Sprott Physical Gold and Silvertr unit	$1,998,000	–	118,200	–	0.33%	–
IDV	New	iShares International Select Div ETFintl sel div etf	$1,951,000	–	77,674	–	0.32%	–
AMAT	New	Applied Materials, Inc.	$1,940,000	–	32,085	–	0.32%	–
BAC	New	Bank of America	$1,915,000	–	80,628	–	0.31%	–
ETW	New	Eaton Vance Tax Managed Global	$1,762,000	–	203,662	–	0.29%	–
AMGN	New	Amgen, Inc.	$1,697,000	–	7,197	–	0.28%	–
VIGI	New	Vanguard Intl Dividend Appreciation ETFintl dvd etf	$1,669,000	–	24,888	–	0.27%	–
HASI	New	Hannon Armstrong Sustainable Infrastructure Capital Inc	$1,670,000	–	58,664	–	0.27%	–
XLP	New	Consumer Staples Select Sector SPDR ETFsbi cons stpls	$1,663,000	–	28,359	–	0.27%	–
GLDM	New	SPDR Gold MiniShares Trustspdr gld minis	$1,636,000	–	92,111	–	0.27%	–
EMR	New	Emerson Electric	$1,619,000	–	26,104	–	0.26%	–
FNF	New	Fidelity National Financial, Inc. - FNF Group	$1,619,000	–	52,812	–	0.26%	–
OEF	New	iShares S&P 100 ETFs&p 100 etf	$1,584,000	–	11,120	–	0.26%	–
BABA	New	Alibaba Group Sponsored ADRsponsored ads	$1,538,000	–	7,128	–	0.25%	–
CDW	New	CDW Corporation	$1,487,000	–	12,797	–	0.24%	–
IVV	New	iShares Core S&P 500 ETFcore s&p500 etf	$1,411,000	–	4,558	–	0.23%	–
DHR	New	Danaher Corporation	$1,365,000	–	7,718	–	0.22%	–
TCRD	New	THL CR Inc	$1,351,000	–	416,859	–	0.22%	–
TIP	New	iShares TIPS Bond ETFtips bd etf	$1,292,000	–	10,500	–	0.21%	–
MDY	New	SPDR S&P MidCap 400 ETFutser1 s&pdcrp	$1,263,000	–	3,892	–	0.21%	–
JPM	New	JPMorgan Chase & Co.	$1,208,000	–	12,842	–	0.20%	–
EEM	New	iShares MSCI Emerging Markets ETFmsci emg mkt etf	$1,200,000	–	30,019	–	0.20%	–
CAT	New	Caterpillar Inc.	$1,180,000	–	9,326	–	0.19%	–
HSIC	New	Henry Schein, Inc.	$1,168,000	–	20,000	–	0.19%	–
EFA	New	iShares MSCI EAFE ETFmsci eafe etf	$1,146,000	–	18,835	–	0.19%	–
AMZN	New	Amazon Inc COM	$1,145,000	–	415	–	0.19%	–
BKI	New	Black Knight, Inc.	$1,136,000	–	15,659	–	0.19%	–
MGC	New	Vanguard Mega Cap ETFmega cap index	$1,072,000	–	9,796	–	0.18%	–
BRKB	New	Berkshire Hathaway Inc-CL Bcl b new	$1,063,000	–	5,953	–	0.17%	–
BAM	New	Brookfield Asset Management Acl a ltd vt sh	$1,050,000	–	31,904	–	0.17%	–
CB	New	CHUBB Limited	$961,000	–	7,587	–	0.16%	–
CRL	New	Charles Riv Labs Intl Inc CMN	$959,000	–	5,500	–	0.16%	–
XLE	New	Energy Select Sector SPDR ETFenergy	$960,000	–	25,352	–	0.16%	–
GOVT	New	iShares U.S. Treasury Bond ETFus treas bd etf	$935,000	–	33,414	–	0.15%	–
TXN	New	Texas Instruments Incorporated	$925,000	–	7,283	–	0.15%	–
REET	New	iShares Global REIT ETFglobal reit etf	$929,000	–	44,501	–	0.15%	–
ASML	New	ASML HOLDING N V N Y REGISTRY SHS	$902,000	–	2,451	–	0.15%	–
VTV	New	Vanguard Value ETFvalue etf	$902,000	–	9,054	–	0.15%	–
WMT	New	Walmart Inc.	$867,000	–	7,235	–	0.14%	–
JUST	New	GS JUST U.S. Large Cap Equity ETFjust us lrg cp	$815,000	–	18,145	–	0.13%	–
SVMK	New	SVMK, Inc.	$791,000	–	33,607	–	0.13%	–
FMBI	New	First Midwest Bancorp Inc Del	$794,000	–	59,495	–	0.13%	–
TSLA	New	Tesla, Inc.,	$726,000	–	672	–	0.12%	–
KMX	New	CarMax, Inc	$707,000	–	7,900	–	0.12%	–
FNV	New	Franco Nevada	$681,000	–	3,593	–	0.11%	–
XLK	New	Select Sector SPDR TR SBI INT-Techtechnology	$651,000	–	6,226	–	0.11%	–
VWO	New	Vanguard FTSE Emerging Markets ETFftse emr mkt etf	$654,000	–	16,517	–	0.11%	–
LULU	New	Lululemon Athletica, Inc.	$646,000	–	2,071	–	0.11%	–
V	New	Visa Inc. Class A	$643,000	–	3,329	–	0.10%	–
IWR	New	iShares Russell Midcap ETFrus mid cap etf	$589,000	–	10,986	–	0.10%	–
DEA	New	Easterly Government Securities CMN	$560,000	–	24,231	–	0.09%	–
BTI	New	British American Tob-Sp ADRsponsored adr	$553,000	–	14,241	–	0.09%	–
VO	New	Vanguard Mid-Cap ETFmid cap etf	$557,000	–	3,396	–	0.09%	–
AMAL	New	Amalgamated Bankclass a	$517,000	–	40,940	–	0.08%	–
SUB	New	iShares Short-Term National Muni ETFshrt nat mun etf	$509,000	–	4,716	–	0.08%	–
VB	New	Vanguard Small-Cap ETFsmall cp etf	$503,000	–	3,451	–	0.08%	–
QQQ	New	Invesco QQQ Trustunit ser 1	$487,000	–	1,966	–	0.08%	–
AAXJ	New	iShares TR MSCI AC Japan Idxmsci ac asia etf	$491,000	–	7,100	–	0.08%	–
ADP	New	Automatic Data Processing Inc	$451,000	–	3,028	–	0.07%	–
INSM	New	INSMED INC COM PAR $.01	$413,000	–	15,000	–	0.07%	–
IJH	New	iShares Core S&P Mid-Cap ETFcore s&p mcp etf	$409,000	–	2,300	–	0.07%	–
CCI	New	Crown Castle International Corp	$402,000	–	2,402	–	0.07%	–
MSGS	New	Madison Square Garden Co. Acl a	$396,000	–	2,699	–	0.06%	–
VEU	New	Vanguard International Equity Index Fundallwrld ex us	$397,000	–	8,328	–	0.06%	–
ITA	New	iShares U.S. Aerospace & Defense ETFus aer def etf	$388,000	–	2,356	–	0.06%	–
GIS	New	General Mills, Inc.	$375,000	–	6,089	–	0.06%	–
REGN	New	Regeneron Pharmaceuticals, Inc.	$337,000	–	540	–	0.06%	–
VZ	New	Verizon Communications	$336,000	–	6,098	–	0.06%	–
PG	New	Procter & Gamble Company	$330,000	–	2,762	–	0.05%	–
DIS	New	Walt Disney Company	$330,000	–	2,959	–	0.05%	–
PRSP	New	Perspecta, Inc.	$326,000	–	14,050	–	0.05%	–
BAX	New	Baxter International Inc.	$314,000	–	3,650	–	0.05%	–
AMJ	New	JPMorgan Alerian MLP ETNalerian ml etn	$305,000	–	23,090	–	0.05%	–
SHY	New	iShares 1-3Y Treasury EFT1 3 yr treas bd	$300,000	–	3,459	–	0.05%	–
CZR	New	Caesars Entertainment Corp.	$299,000	–	24,621	–	0.05%	–
GLW	New	Corning Glass Company	$298,000	–	11,494	–	0.05%	–
IBB	New	iShares Nasdaq Biotechnology ETFnasdaq biotech	$282,000	–	2,060	–	0.05%	–
IQV	New	Iqvia Hldgs Inc	$238,000	–	1,678	–	0.04%	–
TMUS	New	T-Mobile US, Inc.	$221,000	–	2,121	–	0.04%	–
GILD	New	Gilead Sciences, Inc.	$216,000	–	2,809	–	0.04%	–
ITOT	New	iShares Core S&P Total UScore s&p ttl stk	$213,000	–	3,070	–	0.04%	–
REM	New	iShares Mortgage Real Estate Capped ETFmortge rel etf	$212,000	–	8,514	–	0.04%	–
NFLX	New	Netflix, Inc.	$206,000	–	453	–	0.03%	–
ZM	New	Zoom Video Communications, Inc. Acl a	$205,000	–	808	–	0.03%	–
PEP	New	PepsiCo, Inc.	$202,000	–	1,530	–	0.03%	–
MSGE	New	Madison Square Garden Entertainment Acl a	$202,000	–	2,699	–	0.03%	–
REAL	New	RealReal, Inc.	$192,000	–	15,014	–	0.03%	–
VBLT	New	Vascular Biogenics Ltd.	$128,000	–	100,000	–	0.02%	–
EXG	New	Eaton Vance Tax-Managed Global Diversified	$114,000	–	15,475	–	0.02%	–
PFN	New	PIMCO Income Strategy Fund II	$114,000	–	13,069	–	0.02%	–

Q4 2019

			Value		Shares		↓ Weighting
MKGI	Exit	Monaker Group, Inc	$0	–	-16,454	–	-0.01%	–
VBLT	Exit	Vascular Biogenics Ltd.	$0	–	-35,000	–	-0.01%	–
VOLT	Exit	Volt Information Sciences, Inc.	$0	–	-24,355	–	-0.02%	–
BGY	Exit	Blackrock International Growth & Income	$0	–	-18,590	–	-0.02%	–
GTTN	Exit	GTT Communications, Inc.	$0	–	-10,750	–	-0.02%	–
CERS	Exit	Cerus Corporation	$0	–	-22,000	–	-0.02%	–
ABT	Exit	Abbott Labs Com	$0	–	-2,454	–	-0.04%	–
AWP	Exit	Aberdeen Global Premier Properties Fund	$0	–	-32,872	–	-0.04%	–
ABBV	Exit	AbbVie Common	$0	–	-2,760	–	-0.04%	–
IWN	Exit	iShares Russell 2000 Value ETFrus 2000 val etf	$0	–	-1,733	–	-0.04%	–
PANW	Exit	Palo Alto Networks, Inc.	$0	–	-1,080	–	-0.04%	–
GIS	Exit	General Mills, Inc.	$0	–	-3,978	–	-0.04%	–
AMGN	Exit	Amgen, Inc.	$0	–	-1,197	–	-0.05%	–
WDAY	Exit	Workday Inc. Class Acl a	$0	–	-1,382	–	-0.05%	–
IEMG	Exit	iShares Core MSCI Emktcore msci emkt	$0	–	-5,082	–	-0.05%	–
IQV	Exit	Iqvia Hldgs Inc	$0	–	-1,678	–	-0.05%	–
NMRK	Exit	Newmark Group, Inc. Class Acl a	$0	–	-28,400	–	-0.05%	–
PEP	Exit	Pepsico	$0	–	-1,870	–	-0.05%	–
ITOT	Exit	iShares Core S&P Total UScore s&p ttl stk	$0	–	-3,899	–	-0.05%	–
CZR	Exit	Caesars Entertainment Corp.	$0	–	-24,171	–	-0.06%	–
ZAYO	Exit	Zayo Group Holdings Inc	$0	–	-8,865	–	-0.06%	–
VZ	Exit	Verizon Communications	$0	–	-5,206	–	-0.06%	–
BAX	Exit	Baxter International Inc.	$0	–	-3,650	–	-0.07%	–
REM	Exit	iShares Mortgage Real Estate Capped ETFmortge rel etf	$0	–	-7,860	–	-0.07%	–
FNV	Exit	Franco Nevada	$0	–	-3,675	–	-0.07%	–
QQQ	Exit	Invesco QQQ Trustunit ser 1	$0	–	-1,966	–	-0.08%	–
PRSP	Exit	Perspecta, Inc.	$0	–	-14,050	–	-0.08%	–
WMT	Exit	Walmart Inc.	$0	–	-3,169	–	-0.08%	–
VEU	Exit	Vanguard International Equity Index Fundallwrld ex us	$0	–	-7,776	–	-0.08%	–
LULU	Exit	Lululemon Athletica, Inc.	$0	–	-2,071	–	-0.08%	–
ADP	Exit	Automatic Data Processing Inc	$0	–	-2,747	–	-0.09%	–
GLW	Exit	Corning Glass Company	$0	–	-17,494	–	-0.10%	–
DEA	Exit	Easterly Government Securities CMN	$0	–	-24,231	–	-0.11%	–
PFF	Exit	iShares Preferred & Income ETFpfd and incm sec	$0	–	-13,700	–	-0.11%	–
VB	Exit	Vanguard Small-Cap ETFsmall cp etf	$0	–	-3,451	–	-0.11%	–
XLF	Exit	Financial Select Sector SPDRsbi int-finl	$0	–	-18,937	–	-0.11%	–
HEDJ	Exit	WisdomTree Europe Hedged Equity Fundeurope hedged eq	$0	–	-7,875	–	-0.11%	–
VO	Exit	Vanguard Index FDS Mid Cap ETFmid cap etf	$0	–	-3,396	–	-0.12%	–
VYM	Exit	Vanguard High Dividend Yield ETFhigh div yld	$0	–	-6,450	–	-0.12%	–
SAP	Exit	SAP AG - Sponsored ADRspon adr	$0	–	-5,000	–	-0.12%	–
XLK	Exit	Select Sector SPDR TR SBI INT-Techtechnology	$0	–	-7,469	–	-0.12%	–
GLDM	Exit	SPDR Gold MiniShares Trustspdr gld minis	$0	–	-44,502	–	-0.14%	–
AMAL	Exit	Amalgamated Bankclass a	$0	–	-41,280	–	-0.14%	–
KMX	Exit	CarMax, Inc	$0	–	-7,900	–	-0.14%	–
AMZN	Exit	Amazon Inc COM	$0	–	-403	–	-0.14%	–
JUST	Exit	GS JUST U.S. Large Cap Equity ETFjust us lrg cp	$0	–	-16,856	–	-0.15%	–
DJP	Exit	iPath Bloomberg Cmdty TR ETNdjubs cmdt etn36	$0	–	-35,550	–	-0.16%	–
BOMN	Exit	Boston Omaha Corp. Class A	$0	–	-40,596	–	-0.17%	–
EXG	Exit	Eaton Vance Tax-Managed Global Diversified	$0	–	-102,486	–	-0.17%	–
CB	Exit	CHUBB Limited	$0	–	-5,310	–	-0.18%	–
GOVT	Exit	iShares U.S. Treasury Bond ETFus treas bd etf	$0	–	-33,414	–	-0.18%	–
DBC	Exit	Invesco DB Comm Index Fundunit	$0	–	-59,265	–	-0.18%	–
AMJ	Exit	JPMorgan Alerian MLP ETNalerian ml etn	$0	–	-39,751	–	-0.19%	–
MGC	Exit	Vanguard Mega Cap ETFmega cap index	$0	–	-9,048	–	-0.19%	–
CAT	Exit	Caterpillar Inc.	$0	–	-7,385	–	-0.19%	–
EMR	Exit	Emerson Electric	$0	–	-13,920	–	-0.19%	–
VOD	Exit	Vodafone Group Plc Sponsored ADRsponsored adr	$0	–	-46,907	–	-0.19%	–
BKI	Exit	Black Knight Inc	$0	–	-15,659	–	-0.20%	–
GS	Exit	Goldman Sachs Group Inc Com	$0	–	-5,108	–	-0.22%	–
CEF	Exit	Sprott Physical Gold and Silvertr unit	$0	–	-78,200	–	-0.23%	–
FMBI	Exit	First Midwest Bancorp Inc Del	$0	–	-59,495	–	-0.24%	–
EFA	Exit	iShares MSCI EAFE ETFmsci eafe etf	$0	–	-18,609	–	-0.25%	–
EEM	Exit	iShares Tr MSCI EM Mkts Index Fdmsci emg mkt etf	$0	–	-30,835	–	-0.26%	–
HSIC	Exit	Henry Schein, Inc.	$0	–	-20,000	–	-0.26%	–
IXUS	Exit	iShares Core MSCI Total Intlcore msci total	$0	–	-22,307	–	-0.26%	–
JPM	Exit	JP Morgan Chase & Co CMN	$0	–	-10,991	–	-0.27%	–
AAXJ	Exit	iShares TR MSCI AC Japan Idxmsci ac asia etf	$0	–	-20,430	–	-0.28%	–
MDY	Exit	SPDR S&P MidCap 400 ETFutser1 s&pdcrp	$0	–	-3,892	–	-0.28%	–
QCOM	Exit	Qualcomm Inc	$0	–	-18,245	–	-0.29%	–
CBLK	Exit	Carbon Black, Inc.	$0	–	-53,831	–	-0.29%	–
BRKB	Exit	Berkshire Hathaway Inc-CL Bcl b new	$0	–	-6,809	–	-0.29%	–
OEF	Exit	iShares S&P 100 ETFs&p 100 etf	$0	–	-11,120	–	-0.30%	–
XLP	Exit	Consumer Staples Select Sector SPDR ETFsbi cons stpls	$0	–	-24,664	–	-0.31%	–
CDW	Exit	CDW Corporation	$0	–	-12,797	–	-0.32%	–
T	Exit	AT&T, Inc.	$0	–	-42,834	–	-0.33%	–
HASI	Exit	Hannon Armstrong Sustainable Infrastructure Capital Inc	$0	–	-56,739	–	-0.34%	–
VWO	Exit	Vanguard FTSE Emerging Markets ETFftse emr mkt etf	$0	–	-41,395	–	-0.34%	–
MA	Exit	Mastercard Incorporated Class Acl a	$0	–	-6,371	–	-0.36%	–
VOO	Exit	Vanguard Index FDS S&P 500 ETF SHS	$0	–	-6,375	–	-0.36%	–
JLS	Exit	Nuveen Mortgage Opp. Term Fund	$0	–	-77,074	–	-0.37%	–
MMM	Exit	3M Company	$0	–	-11,867	–	-0.40%	–
VTI	Exit	Vanguard Total Stock Market ETFtotal stk mkt	$0	–	-13,260	–	-0.41%	–
SHE	Exit	SPDR Gender Diversity ETFssga gnder etf	$0	–	-27,577	–	-0.42%	–
VNQ	Exit	Vanguard Index Fds Reit ETFreal estate etf	$0	–	-22,120	–	-0.42%	–
MUI	Exit	BlackRock Muni Intermediate Duration CEF	$0	–	-154,200	–	-0.45%	–
AMT	Exit	American Tower Corp Class A	$0	–	-9,962	–	-0.45%	–
XLE	Exit	Energy Select Sector SPDR ETFenergy	$0	–	-37,730	–	-0.46%	–
NVDA	Exit	Nvidia Corp	$0	–	-13,153	–	-0.47%	–
LRCX	Exit	Lam Research Corporation	$0	–	-10,000	–	-0.48%	–
FNF	Exit	Fidelity National Financial IN FNF Group	$0	–	-52,812	–	-0.48%	–
TCRD	Exit	THL CR Inc	$0	–	-347,549	–	-0.49%	–
BAC	Exit	Bank of America	$0	–	-82,693	–	-0.50%	–
TIP	Exit	iShares TIPS Bond ETFtips bd etf	$0	–	-23,800	–	-0.57%	–
ORCL	Exit	Oracle Corporation	$0	–	-53,759	–	-0.61%	–
PGR	Exit	Progressive Corporation	$0	–	-38,711	–	-0.62%	–
DUK	Exit	Duke Energy Corporation	$0	–	-31,500	–	-0.62%	–
ETW	Exit	Eaton Vance Tax Managed Global	$0	–	-313,688	–	-0.62%	–
INTC	Exit	Intel Inc.	$0	–	-60,569	–	-0.64%	–
GDX	Exit	VanEck Vectors Gold Miners ETFgold miners etf	$0	–	-119,980	–	-0.66%	–
VIG	Exit	Vanguard Dividend Appreciation ETFdiv app etf	$0	–	-26,851	–	-0.66%	–
IJH	Exit	iShares Core S&P Mid-Cap ETFcore s&p mcp etf	$0	–	-16,801	–	-0.67%	–
MMC	Exit	Marsh & McLennan Companies, Inc.	$0	–	-38,616	–	-0.80%	–
MO	Exit	Altria Group Inc. CMN	$0	–	-97,000	–	-0.82%	–
BMY	Exit	Bristol Myers Squibb Company	$0	–	-83,309	–	-0.87%	–
SVMK	Exit	SVMK, Inc.	$0	–	-252,200	–	-0.89%	–
ETV	Exit	Eaton Vance Tax Managed Buy Write	$0	–	-307,628	–	-0.93%	–
MDT	Exit	Medtronic Plc	$0	–	-42,638	–	-0.95%	–
IDV	Exit	iShares International Select Div ETFintl sel div etf	$0	–	-150,935	–	-0.96%	–
TSLF	Exit	THL Credit Senior Loan Common	$0	–	-325,515	–	-1.01%	–
IWV	Exit	iShares Russell 3000 ETFrussell 3000 etf	$0	–	-30,706	–	-1.10%	–
GUNR	Exit	FlexShares Mstar Glbl Upstrm Nat Res ETFmornstar upstr	$0	–	-176,068	–	-1.13%	–
JNJ	Exit	Johnson & Johnson	$0	–	-47,167	–	-1.26%	–
IWM	Exit	iShares Russell 2000 ETFrussell 2000 etf	$0	–	-44,312	–	-1.38%	–
HD	Exit	Home Depot, Inc.	$0	–	-29,149	–	-1.39%	–
AZN	Exit	Astrazeneca PLC Sponsored ADRsponsored adr	$0	–	-162,600	–	-1.49%	–
IJR	Exit	iShares TR S&P Small Cap 600core s&p scp etf	$0	–	-97,099	–	-1.56%	–
GLD	Exit	SPDR Gold Shares	$0	–	-54,677	–	-1.56%	–
ETN	Exit	Eaton Corp. Plc	$0	–	-95,897	–	-1.64%	–
BTI	Exit	British American Tob-Sp ADRsponsored adr	$0	–	-239,203	–	-1.82%	–
NDSN	Exit	Nordson Corp CMN	$0	–	-61,440	–	-1.85%	–
CSCO	Exit	Cisco Systems	$0	–	-182,766	–	-1.86%	–
AAPL	Exit	Apple, Inc	$0	–	-41,060	–	-1.89%	–
SEDG	Exit	SolarEdge Technologies, INC	$0	–	-112,738	–	-1.94%	–
GOOG	Exit	Alphabet Inc., Class C Sharescap stk cl c	$0	–	-7,941	–	-1.99%	–
VEA	Exit	Vanguard FTSE Developed Markets ETFftse dev mkt etf	$0	–	-259,919	–	-2.20%	–
GOOGL	Exit	Alphabet Inc., Class A Sharescap stk cl a	$0	–	-8,852	–	-2.23%	–
IVV	Exit	iShares TR S&P 500 Indexcore s&p500 etf	$0	–	-46,153	–	-2.84%	–
MSFT	Exit	Microsoft	$0	–	-101,320	–	-2.90%	–
BRKA	Exit	Berkshire Hathaway Inc - CL Acl a	$0	–	-46	–	-2.95%	–
DVY	Exit	iShares Select Dividend ETFselect divid etf	$0	–	-142,393	–	-2.99%	–
TMO	Exit	Thermo Fisher Scientific Inc	$0	–	-126,131	–	-7.57%	–
IAU	Exit	iShares Gold Trustishares	$0	–	-3,339,343	–	-9.70%	–
SPY	Exit	SPDR S&P 500 ETF Trusttr unit	$0	–	-202,498	–	-12.38%	–

Q3 2019

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF Trusttr unit	$60,095,000	+0.4%	202,498	-0.9%	12.38%	-8.5%
IAU	Sell	iShares Gold Trustishares	$47,085,000	+4.3%	3,339,343	-0.2%	9.70%	-4.9%
TMO	Sell	Thermo Fisher Scientific Inc	$36,738,000	-0.9%	126,131	-0.0%	7.57%	-9.6%
DVY	Buy	iShares Select Dividend ETFselect divid etf	$14,517,000	+8.4%	142,393	+5.8%	2.99%	-1.2%
MSFT	Buy	Microsoft	$14,087,000	+42.0%	101,320	+36.8%	2.90%	+29.4%
IVV	Sell	iShares TR S&P 500 Indexcore s&p500 etf	$13,777,000	-2.9%	46,153	-4.2%	2.84%	-11.5%
GOOGL	Sell	Alphabet Inc., Class A Sharescap stk cl a	$10,809,000	+12.5%	8,852	-0.3%	2.23%	+2.5%
VEA	Buy	Vanguard FTSE Developed Markets ETFftse dev mkt etf	$10,677,000	+37.3%	259,919	+39.4%	2.20%	+25.2%
GOOG	Sell	Alphabet Inc., Class C Sharescap stk cl c	$9,680,000	+10.8%	7,941	-1.8%	1.99%	+1.0%
SEDG	Sell	SolarEdge Technologies, INC	$9,438,000	+32.9%	112,738	-0.9%	1.94%	+21.2%
AAPL	Sell	Apple, Inc	$9,196,000	+12.1%	41,060	-1.0%	1.89%	+2.2%
CSCO	Buy	Cisco Systems	$9,030,000	+35.3%	182,766	+49.8%	1.86%	+23.3%
BTI	Buy	British American Tob-Sp ADRsponsored adr	$8,827,000	+71.8%	239,203	+62.4%	1.82%	+56.7%
ETN	Sell	Eaton Corp. Plc	$7,974,000	-0.2%	95,897	-0.0%	1.64%	-9.0%
IJR	Buy	iShares TR S&P Small Cap 600core s&p scp etf	$7,558,000	+32.9%	97,099	+33.6%	1.56%	+21.1%
AZN	Buy	Astrazeneca PLC Sponsored ADRsponsored adr	$7,247,000	+61.9%	162,600	+50.0%	1.49%	+47.6%
HD	Buy	Home Depot, Inc.	$6,763,000	+14.3%	29,149	+2.4%	1.39%	+4.2%
IWM	Sell	iShares Russell 2000 ETFrussell 2000 etf	$6,706,000	-14.6%	44,312	-12.3%	1.38%	-22.2%
JNJ	Sell	Johnson & Johnson	$6,102,000	-12.8%	47,167	-6.2%	1.26%	-20.5%
GUNR	Buy	FlexShares Mstar Glbl Upstrm Nat Res ETFmornstar upstr	$5,485,000	-4.6%	176,068	+1.1%	1.13%	-13.0%
IWV	Buy	iShares Russell 3000 ETFrussell 3000 etf	$5,336,000	+1.1%	30,706	+0.2%	1.10%	-7.9%
TSLF	Buy	THL Credit Senior Loan Common	$4,889,000	-0.4%	325,515	+1.2%	1.01%	-9.2%
IDV	Buy	iShares International Select Div ETFintl sel div etf	$4,640,000	+3.5%	150,935	+3.4%	0.96%	-5.6%
MDT	Buy	Medtronic Plc	$4,631,000	+13.9%	42,638	+2.1%	0.95%	+3.8%
ETV	Buy	Eaton Vance Tax Managed Buy Write	$4,504,000	-2.0%	307,628	+0.5%	0.93%	-10.6%
SVMK	New	SVMK, Inc.	$4,313,000	–	252,200	–	0.89%	–
BMY	Buy	Bristol Myers Squibb Company	$4,225,000	+84.7%	83,309	+65.1%	0.87%	+68.3%
MO	Buy	Altria Group Inc. CMN	$3,967,000	+43.5%	97,000	+66.2%	0.82%	+30.9%
MMC	Sell	Marsh & McLennan Companies, Inc.	$3,864,000	+0.2%	38,616	-0.1%	0.80%	-8.6%
IJH	Buy	iShares Core S&P Mid-Cap ETFcore s&p mcp etf	$3,246,000	+30.3%	16,801	+31.0%	0.67%	+18.7%
GDX	Sell	VanEck Vectors Gold Miners ETFgold miners etf	$3,205,000	+4.5%	119,980	-0.0%	0.66%	-4.8%
INTC	Sell	Intel Inc.	$3,121,000	+7.3%	60,569	-0.4%	0.64%	-2.1%
ETW	Buy	Eaton Vance Tax Managed Global	$3,030,000	-0.5%	313,688	+0.9%	0.62%	-9.3%
DUK	Buy	Duke Energy Corporation	$3,020,000	+80.6%	31,500	+66.2%	0.62%	+64.6%
PGR	Buy	Progressive Corporation	$2,990,000	+142.7%	38,711	+151.1%	0.62%	+121.6%
ORCL	Sell	Oracle Corporation	$2,958,000	-14.2%	53,759	-11.2%	0.61%	-21.8%
BAC	Sell	Bank of America	$2,412,000	-0.3%	82,693	-0.9%	0.50%	-9.1%
TCRD	Buy	THL CR Inc	$2,363,000	+5.2%	347,549	+2.8%	0.49%	-3.9%
LRCX	Sell	Lam Research Corporation	$2,311,000	+23.0%	10,000	-0.0%	0.48%	+12.3%
NVDA	Sell	Nvidia Corp	$2,290,000	+5.6%	13,153	-0.4%	0.47%	-3.7%
XLE	Buy	Energy Select Sector SPDR ETFenergy	$2,234,000	+4.0%	37,730	+11.9%	0.46%	-5.2%
AMT	New	American Tower Corp Class A	$2,203,000	–	9,962	–	0.45%	–
VNQ	New	Vanguard Index Fds Reit ETFreal estate etf	$2,063,000	–	22,120	–	0.42%	–
VTI	Sell	Vanguard Total Stock Market ETFtotal stk mkt	$2,002,000	-26.5%	13,260	-27.0%	0.41%	-33.1%
MMM	Sell	3M Company	$1,951,000	-8.6%	11,867	-3.6%	0.40%	-16.6%
JLS	Buy	Nuveen Mortgage Opp. Term Fund	$1,777,000	-0.3%	77,074	+0.4%	0.37%	-9.2%
MA	Buy	Mastercard Incorporated Class Acl a	$1,730,000	+3.7%	6,371	+1.0%	0.36%	-5.6%
VWO	Buy	Vanguard FTSE Emerging Markets ETFftse emr mkt etf	$1,667,000	+522.0%	41,395	+557.1%	0.34%	+462.3%
T	Sell	AT&T, Inc.	$1,621,000	+12.1%	42,834	-0.8%	0.33%	+2.1%
CDW	Buy	CDW Corporation	$1,577,000	+38.2%	12,797	+24.5%	0.32%	+26.0%
XLP	Buy	Consumer Staples Select Sector SPDR ETFsbi cons stpls	$1,515,000	+31.9%	24,664	+24.7%	0.31%	+20.0%
BRKB	Sell	Berkshire Hathaway Inc-CL Bcl b new	$1,416,000	-4.5%	6,809	-2.0%	0.29%	-12.8%
QCOM	Sell	Qualcomm Inc	$1,392,000	-32.1%	18,245	-32.3%	0.29%	-38.0%
MDY	Buy	SPDR S&P MidCap 400 ETFutser1 s&pdcrp	$1,372,000	+22.0%	3,892	+22.6%	0.28%	+11.4%
JPM	Sell	JP Morgan Chase & Co CMN	$1,294,000	-9.8%	10,991	-14.4%	0.27%	-17.9%
IXUS	Buy	iShares Core MSCI Total Intlcore msci total	$1,288,000	+516.3%	22,307	+527.0%	0.26%	+463.8%
HSIC	Sell	Henry Schein, Inc.	$1,270,000	-9.2%	20,000	-0.0%	0.26%	-17.1%
EEM	Sell	iShares Tr MSCI EM Mkts Index Fdmsci emg mkt etf	$1,260,000	-38.3%	30,835	-35.2%	0.26%	-43.8%
EFA	Sell	iShares MSCI EAFE ETFmsci eafe etf	$1,213,000	-3.7%	18,609	-2.8%	0.25%	-12.0%
CAT	Buy	Caterpillar Inc.	$933,000	-7.3%	7,385	+0.1%	0.19%	-15.4%
VOD	Buy	Vodafone Group Plc Sponsored ADRsponsored adr	$934,000	+103.0%	46,907	+66.7%	0.19%	+84.6%
EMR	Buy	Emerson Electric	$931,000	+15.9%	13,920	+15.6%	0.19%	+6.1%
DBC	Sell	Invesco DB Comm Index Fundunit	$891,000	-32.3%	59,265	-29.1%	0.18%	-38.4%
GOVT	New	iShares U.S. Treasury Bond ETFus treas bd etf	$880,000	–	33,414	–	0.18%	–
CB	Sell	CHUBB Limited	$857,000	+9.3%	5,310	-0.3%	0.18%	-0.6%
EXG	Buy	Eaton Vance Tax-Managed Global Diversified	$842,000	-0.6%	102,486	+0.3%	0.17%	-9.4%
BOMN	Buy	Boston Omaha Corp. Class A	$805,000	+68.8%	40,596	+97.1%	0.17%	+53.7%
AMZN	Sell	Amazon Inc COM	$700,000	-15.0%	403	-7.4%	0.14%	-22.6%
KMX	Sell	CarMax, Inc	$695,000	+1.2%	7,900	-0.2%	0.14%	-7.7%
GLDM	Buy	SPDR Gold MiniShares Trustspdr gld minis	$654,000	+17.6%	44,502	+12.7%	0.14%	+7.1%
XLK	Buy	Select Sector SPDR TR SBI INT-Techtechnology	$602,000	+24.6%	7,469	+20.8%	0.12%	+13.8%
VYM	Buy	Vanguard High Dividend Yield ETFhigh div yld	$572,000	+102.8%	6,450	+100.0%	0.12%	+84.4%
HEDJ	Buy	WisdomTree Europe Hedged Equity Fundeurope hedged eq	$530,000	+33.5%	7,875	+31.2%	0.11%	+21.1%
PFF	Buy	iShares Preferred & Income ETFpfd and incm sec	$514,000	+104.0%	13,700	+100.0%	0.11%	+86.0%
GLW	Sell	Corning Glass Company	$499,000	-14.6%	17,494	-0.5%	0.10%	-22.0%
ADP	Sell	Automatic Data Processing Inc	$443,000	-4.3%	2,747	-1.9%	0.09%	-13.3%
VEU	Sell	Vanguard International Equity Index Fundallwrld ex us	$388,000	-74.4%	7,776	-73.9%	0.08%	-76.7%
WMT	Buy	Walmart Inc.	$376,000	+34.3%	3,169	+25.1%	0.08%	+22.2%
PRSP	Sell	Perspecta, Inc.	$367,000	+11.6%	14,050	-0.1%	0.08%	+2.7%
REM	Buy	iShares Mortgage Real Estate Capped ETFmortge rel etf	$331,000	+2.2%	7,860	+2.2%	0.07%	-6.8%
BAX	Sell	Baxter International Inc.	$319,000	+6.0%	3,650	-0.7%	0.07%	-2.9%
VZ	Sell	Verizon Communications	$314,000	+1.6%	5,206	-3.8%	0.06%	-7.1%
ZAYO	Sell	Zayo Group Holdings Inc	$301,000	+2.4%	8,865	-0.7%	0.06%	-6.1%
ITOT	Sell	iShares Core S&P Total UScore s&p ttl stk	$261,000	-4.0%	3,899	-4.4%	0.05%	-11.5%
PEP	New	Pepsico	$256,000	–	1,870	–	0.05%	–
IQV	New	Iqvia Hldgs Inc	$251,000	–	1,678	–	0.05%	–
WDAY	New	Workday Inc. Class Acl a	$235,000	–	1,382	–	0.05%	–
AMGN	Sell	Amgen, Inc.	$232,000	-9.7%	1,197	-14.2%	0.05%	-17.2%
PANW	New	Palo Alto Networks, Inc.	$220,000	–	1,080	–	0.04%	–
GIS	Sell	General Mills, Inc.	$219,000	+3.3%	3,978	-1.2%	0.04%	-6.2%
ABBV	New	AbbVie Common	$209,000	–	2,760	–	0.04%	–
ABT	New	Abbott Labs Com	$205,000	–	2,454	–	0.04%	–
V	Exit	VISA INC	$0	–	-1,265	–	-0.05%	–
TXN	Exit	TEXAS INSTRS INC	$0	–	-2,076	–	-0.05%	–
CNNE	Exit	CANNAE HLDGS INC	$0	–	-8,791	–	-0.06%	–
JMT	Exit	NUVEEN MTG OPPTY TERM FD 2	$0	–	-18,030	–	-0.09%	–
DXC	Exit	DXC TECHNOLOGY CO	$0	–	-28,138	–	-0.35%	–

Q2 2019

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$59,870,000	–	204,333	–	13.52%	–
IAU	New	ISHARES GOLD TRUSTishares	$45,153,000	–	3,344,687	–	10.20%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$37,054,000	–	126,170	–	8.37%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$14,644,000	–	46	–	3.31%	–
IVV	New	ISHARES TRcore s&p500 etf	$14,193,000	–	48,154	–	3.21%	–
DVY	New	ISHARES TRselect divid etf	$13,398,000	–	134,571	–	3.03%	–
MSFT	New	MICROSOFT CORP	$9,923,000	–	74,075	–	2.24%	–
GOOGL	New	ALPHABET INCcap stk cl a	$9,611,000	–	8,876	–	2.17%	–
GOOG	New	ALPHABET INCcap stk cl c	$8,740,000	–	8,086	–	1.97%	–
NDSN	New	NORDSON CORP	$8,682,000	–	61,440	–	1.96%	–
AAPL	New	APPLE INC	$8,206,000	–	41,461	–	1.85%	–
ETN	New	EATON CORP PLC	$7,988,000	–	95,917	–	1.80%	–
IWM	New	ISHARES TRrussell 2000 etf	$7,857,000	–	50,526	–	1.78%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$7,777,000	–	186,452	–	1.76%	–
GLD	New	SPDR GOLD TRUST	$7,283,000	–	54,677	–	1.64%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$7,102,000	–	113,708	–	1.60%	–
JNJ	New	JOHNSON & JOHNSON	$7,000,000	–	50,261	–	1.58%	–
CSCO	New	CISCO SYS INC	$6,675,000	–	121,967	–	1.51%	–
HD	New	HOME DEPOT INC	$5,919,000	–	28,460	–	1.34%	–
GUNR	New	FLEXSHARES TRmornstar upstr	$5,749,000	–	174,158	–	1.30%	–
IJR	New	ISHARES TRcore s&p scp etf	$5,688,000	–	72,667	–	1.28%	–
IWV	New	ISHARES TRrussell 3000 etf	$5,279,000	–	30,630	–	1.19%	–
BTI	New	BRITISH AMERN TOB PLCsponsored adr	$5,137,000	–	147,327	–	1.16%	–
TSLF	New	THL CR SR LN FD	$4,907,000	–	321,785	–	1.11%	–
ETV	New	EATON VANCE TX MNG BY WRT OP	$4,596,000	–	305,985	–	1.04%	–
IDV	New	ISHARES TRintl sel div etf	$4,484,000	–	145,958	–	1.01%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$4,475,000	–	108,400	–	1.01%	–
MDT	New	MEDTRONIC PLC	$4,067,000	–	41,759	–	0.92%	–
MMC	New	MARSH & MCLENNAN COS INC	$3,857,000	–	38,662	–	0.87%	–
ORCL	New	ORACLE CORP	$3,448,000	–	60,516	–	0.78%	–
VIG	New	VANGUARD GROUPdiv app etf	$3,092,000	–	26,851	–	0.70%	–
GDX	New	VANECK VECTORS ETF TRgold miners etf	$3,067,000	–	119,981	–	0.69%	–
ETW	New	EATON VANCE TXMGD GL BUYWR O	$3,044,000	–	310,966	–	0.69%	–
INTC	New	INTEL CORP	$2,910,000	–	60,791	–	0.66%	–
MO	New	ALTRIA GROUP INC	$2,764,000	–	58,370	–	0.62%	–
TIP	New	ISHARES TRtips bd etf	$2,749,000	–	23,800	–	0.62%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$2,725,000	–	18,158	–	0.62%	–
IJH	New	ISHARES TRcore s&p mcp etf	$2,492,000	–	12,829	–	0.56%	–
BAC	New	BANK AMER CORP	$2,420,000	–	83,455	–	0.55%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$2,288,000	–	50,461	–	0.52%	–
TCRD	New	THL CREDIT INC	$2,246,000	–	338,199	–	0.51%	–
NVDA	New	NVIDIA CORP	$2,168,000	–	13,203	–	0.49%	–
MUI	New	BLACKROCK MUNI INTER DR FD I	$2,167,000	–	154,200	–	0.49%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$2,149,000	–	33,726	–	0.48%	–
MMM	New	3M CO	$2,134,000	–	12,313	–	0.48%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$2,128,000	–	52,812	–	0.48%	–
QCOM	New	QUALCOMM INC	$2,050,000	–	26,943	–	0.46%	–
EEM	New	ISHARES TRmsci emg mkt etf	$2,042,000	–	47,583	–	0.46%	–
SHE	New	SPDR SERIES TRUSTssga gnder etf	$2,034,000	–	27,577	–	0.46%	–
LRCX	New	LAM RESEARCH CORP	$1,879,000	–	10,005	–	0.42%	–
JLS	New	NUVEEN MTG OPPORTUNITY TERM	$1,783,000	–	76,801	–	0.40%	–
VOO	New	VANGUARD INDEX FDS	$1,716,000	–	6,375	–	0.39%	–
DUK	New	DUKE ENERGY CORP NEW	$1,672,000	–	18,952	–	0.38%	–
MA	New	MASTERCARD INCcl a	$1,668,000	–	6,306	–	0.38%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$1,599,000	–	56,739	–	0.36%	–
DXC	New	DXC TECHNOLOGY CO	$1,552,000	–	28,138	–	0.35%	–
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$1,518,000	–	29,775	–	0.34%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$1,482,000	–	6,951	–	0.34%	–
T	New	AT&T INC	$1,446,000	–	43,163	–	0.33%	–
OEF	New	ISHARES TRs&p 100 etf	$1,441,000	–	11,120	–	0.33%	–
JPM	New	JPMORGAN CHASE & CO	$1,435,000	–	12,834	–	0.32%	–
AAXJ	New	ISHARES TRmsci ac asia etf	$1,426,000	–	20,430	–	0.32%	–
HSIC	New	HENRY SCHEIN INC	$1,398,000	–	20,005	–	0.32%	–
DBC	New	INVESCO DB COMMDY INDX TRCKunit	$1,316,000	–	83,638	–	0.30%	–
EFA	New	ISHARES TRmsci eafe etf	$1,259,000	–	19,149	–	0.28%	–
PGR	New	PROGRESSIVE CORP OHIO	$1,232,000	–	15,416	–	0.28%	–
FMBI	New	FIRST MIDWEST BANCORP DEL	$1,218,000	–	59,495	–	0.28%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$1,149,000	–	19,780	–	0.26%	–
CDW	New	CDW CORP	$1,141,000	–	10,276	–	0.26%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$1,125,000	–	3,174	–	0.25%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,045,000	–	5,108	–	0.24%	–
CEF	New	SPROTT PHYSICAL GOLD & SILVEtr unit	$1,035,000	–	78,200	–	0.23%	–
CAT	New	CATERPILLAR INC DEL	$1,006,000	–	7,380	–	0.23%	–
AMJ	New	JPMORGAN CHASE & COalerian ml etn	$998,000	–	39,751	–	0.22%	–
BKI	New	BLACK KNIGHT INC	$942,000	–	15,659	–	0.21%	–
MGC	New	VANGUARD WORLD FDmega cap index	$916,000	–	9,048	–	0.21%	–
CBLK	New	CARBON BLACK INC	$900,000	–	53,831	–	0.20%	–
EXG	New	EATON VANCE TAX MNGD GBL DV	$847,000	–	102,165	–	0.19%	–
AMZN	New	AMAZON COM INC	$824,000	–	435	–	0.19%	–
EMR	New	EMERSON ELEC CO	$803,000	–	12,040	–	0.18%	–
DJP	New	BARCLAYS BK PLCdjubs cmdt etn36	$791,000	–	35,550	–	0.18%	–
CB	New	CHUBB LIMITED	$784,000	–	5,324	–	0.18%	–
AMAL	New	AMALGAMATED BK NEW YORK N Yclass a	$720,000	–	41,280	–	0.16%	–
JUST	New	GOLDMAN SACHS ETF TRjust us lrg cp	$709,000	–	16,856	–	0.16%	–
SAP	New	SAP SEspon adr	$684,000	–	5,000	–	0.16%	–
KMX	New	CARMAX INC	$687,000	–	7,913	–	0.16%	–
GLW	New	CORNING INC	$584,000	–	17,586	–	0.13%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$568,000	–	3,396	–	0.13%	–
GLDM	New	WORLD GOLD TRspdr gld minis	$556,000	–	39,489	–	0.13%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$541,000	–	3,451	–	0.12%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$523,000	–	18,937	–	0.12%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$483,000	–	6,183	–	0.11%	–
BOMN	New	BOSTON OMAHA CORP	$477,000	–	20,596	–	0.11%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$463,000	–	2,799	–	0.10%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$460,000	–	28,144	–	0.10%	–
DEA	New	EASTERLY GOVT PPTYS INC	$439,000	–	24,231	–	0.10%	–
JMT	New	NUVEEN MTG OPPTY TERM FD 2	$405,000	–	18,030	–	0.09%	–
HEDJ	New	WISDOMTREE TReurope hedged eq	$397,000	–	6,000	–	0.09%	–
LULU	New	LULULEMON ATHLETICA INC	$373,000	–	2,071	–	0.08%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$367,000	–	1,966	–	0.08%	–
PRSP	New	PERSPECTA INC	$329,000	–	14,069	–	0.07%	–
REM	New	ISHARES TRmortge rel etf	$324,000	–	7,691	–	0.07%	–
VZ	New	VERIZON COMMUNICATIONS INC	$309,000	–	5,409	–	0.07%	–
FNV	New	FRANCO NEVADA CORP	$312,000	–	3,675	–	0.07%	–
BAX	New	BAXTER INTL INC	$301,000	–	3,675	–	0.07%	–
ZAYO	New	ZAYO GROUP HLDGS INC	$294,000	–	8,925	–	0.07%	–
CZR	New	CAESARS ENTMT CORP	$286,000	–	24,171	–	0.06%	–
VYM	New	VANGUARD WHITEHALL FDS INChigh div yld	$282,000	–	3,225	–	0.06%	–
WMT	New	WALMART INC	$280,000	–	2,534	–	0.06%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$268,000	–	6,300	–	0.06%	–
ITOT	New	ISHARES TRcore s&p ttl stk	$272,000	–	4,080	–	0.06%	–
IEMG	New	ISHARES INCcore msci emkt	$261,000	–	5,082	–	0.06%	–
AMGN	New	AMGEN INC	$257,000	–	1,395	–	0.06%	–
NMRK	New	NEWMARK GROUP INCcl a	$255,000	–	28,400	–	0.06%	–
CNNE	New	CANNAE HLDGS INC	$255,000	–	8,791	–	0.06%	–
PFF	New	ISHARES TRpfd and incm sec	$252,000	–	6,850	–	0.06%	–
TXN	New	TEXAS INSTRS INC	$238,000	–	2,076	–	0.05%	–
V	New	VISA INC	$220,000	–	1,265	–	0.05%	–
GIS	New	GENERAL MLS INC	$212,000	–	4,028	–	0.05%	–
IXUS	New	ISHARES TRcore msci total	$209,000	–	3,558	–	0.05%	–
IWN	New	ISHARES TRrus 2000 val etf	$209,000	–	1,733	–	0.05%	–
AWP	New	ABERDEEN GLOBAL PREMIER PPTY	$206,000	–	32,872	–	0.05%	–
GTTN	New	GTT COMMUNICATIONS INC	$189,000	–	10,750	–	0.04%	–
CERS	New	CERUS CORP	$124,000	–	22,000	–	0.03%	–
VOLT	New	VOLT INFORMATION SCIENCES IN	$109,000	–	24,355	–	0.02%	–
BGY	New	BLACKROCK ENHANCED INTL DIV	$104,000	–	18,590	–	0.02%	–
MKGI	New	MONAKER GROUP INC	$49,000	–	16,454	–	0.01%	–
VBLT	New	VASCULAR BIOGENICS LTD	$46,000	–	35,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
MKGI	Exit	MONAKER GROUP INC	$0	–	-17,040	–	-0.01%	–
VOLT	Exit	VOLT INFORMATION SCIENCES IN	$0	–	-24,355	–	-0.03%	–
BBD	Exit	BANCO BRADESCO S Asp adr pfd new	$0	–	-14,200	–	-0.03%	–
BGY	Exit	BLACKROCK ENHANCED INTL DIV	$0	–	-18,590	–	-0.03%	–
CERS	Exit	CERUS CORP	$0	–	-22,000	–	-0.05%	–
DBA	Exit	INVESCO DB MLTI SECTR CMMTYagriculture fd	$0	–	-11,309	–	-0.06%	–
AWP	Exit	ABERDEEN GLOBAL PREMIER PPTY	$0	–	-32,872	–	-0.06%	–
WDAY	Exit	WORKDAY INCcl a	$0	–	-1,382	–	-0.06%	–
ITOT	Exit	ISHARES TRcore s&p ttl stk	$0	–	-3,010	–	-0.06%	–
MRK	Exit	MERCK & CO INC	$0	–	-3,160	–	-0.06%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-1,733	–	-0.07%	–
PEP	Exit	PEPSICO INC	$0	–	-2,085	–	-0.07%	–
PANW	Exit	PALO ALTO NETWORKS INC	$0	–	-1,030	–	-0.07%	–
DXJ	Exit	WISDOMTREE TRjapn hedge eqt	$0	–	-4,139	–	-0.07%	–
ABT	Exit	ABBOTT LABS	$0	–	-3,432	–	-0.07%	–
BAX	Exit	BAXTER INTL INC	$0	–	-3,337	–	-0.07%	–
TSLA	Exit	TESLA INC	$0	–	-1,020	–	-0.08%	–
V	Exit	VISA INC	$0	–	-1,794	–	-0.08%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-1,704	–	-0.08%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-2,604	–	-0.08%	–
JUST	Exit	GOLDMAN SACHS ETF TRjust us lrg cp	$0	–	-7,130	–	-0.09%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-3,920	–	-0.09%	–
REM	Exit	ISHARES TRmortge rel etf	$0	–	-7,500	–	-0.09%	–
HEFA	Exit	ISHARES TRhdg msci eafe	$0	–	-11,322	–	-0.10%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-2,071	–	-0.10%	–
NVDA	Exit	NVIDIA CORP	$0	–	-1,199	–	-0.10%	–
WMT	Exit	WALMART INC	$0	–	-3,880	–	-0.10%	–
HEDJ	Exit	WISDOMTREE TReurope hedged eq	$0	–	-6,000	–	-0.11%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-7,161	–	-0.11%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-2,091	–	-0.11%	–
JMT	Exit	NUVEEN MTG OPPTY TERM FD 2	$0	–	-18,030	–	-0.12%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-2,861	–	-0.12%	–
CII	Exit	BLACKROCK ENH CAP & INC FD I	$0	–	-25,836	–	-0.13%	–
ABBV	Exit	ABBVIE INC	$0	–	-4,712	–	-0.13%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-6,062	–	-0.13%	–
IVV	Exit	ISHARES TRcore s&p500 etf	$0	–	-1,578	–	-0.13%	–
DEA	Exit	EASTERLY GOVT PPTYS INC	$0	–	-24,231	–	-0.14%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-48,342	–	-0.14%	–
KMX	Exit	CARMAX INC	$0	–	-7,900	–	-0.17%	–
BOMN	Exit	BOSTON OMAHA CORP	$0	–	-19,996	–	-0.17%	–
FOF	Exit	COHEN & STEERS CLOSED END OP	$0	–	-46,780	–	-0.17%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-6,828	–	-0.20%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-7,315	–	-0.23%	–
BKI	Exit	BLACK KNIGHT INC	$0	–	-15,659	–	-0.23%	–
CDW	Exit	CDW CORP	$0	–	-10,276	–	-0.26%	–
CEF	Exit	SPROTT PHYSICAL GOLD & SILVEtr unit	$0	–	-78,200	–	-0.26%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-17,084	–	-0.26%	–
EXG	Exit	EATON VANCE TAX MNGD GBL DV	$0	–	-101,160	–	-0.28%	–
SHE	Exit	SPDR SER TRssga gnder etf	$0	–	-12,987	–	-0.29%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-46,907	–	-0.29%	–
BCX	Exit	BLACKROCK RES & COMM STRAT T	$0	–	-117,653	–	-0.31%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-7,228	–	-0.32%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-5,000	–	-0.32%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-21,875	–	-0.33%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-55,989	–	-0.34%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-27,992	–	-0.35%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-38,482	–	-0.36%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-6,314	–	-0.39%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-3,778	–	-0.40%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-50,287	–	-0.40%	–
AMJ	Exit	JPMORGAN CHASE & COalerian ml etn	$0	–	-52,427	–	-0.41%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-11,120	–	-0.41%	–
T	Exit	AT&T INC	$0	–	-44,001	–	-0.42%	–
DBC	Exit	INVESCO DB COMMDY INDX TRCKunit	$0	–	-82,792	–	-0.43%	–
DJP	Exit	BARCLAYS BK PLCdjubs cmdt etn36	$0	–	-63,000	–	-0.43%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-17,217	–	-0.43%	–
AMZN	Exit	AMAZON COM INC	$0	–	-769	–	-0.44%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-6,476	–	-0.50%	–
JLS	Exit	NUVEEN MTG OPPORTUNITY TERM	$0	–	-75,610	–	-0.52%	–
AAXJ	Exit	ISHARES TRmsci ac asia etf	$0	–	-25,770	–	-0.52%	–
FMBI	Exit	FIRST MIDWEST BANCORP DEL	$0	–	-70,105	–	-0.54%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-27,834	–	-0.54%	–
INTC	Exit	INTEL CORP	$0	–	-40,895	–	-0.56%	–
MUI	Exit	BLACKROCK MUNI INTER DR FD I	$0	–	-154,200	–	-0.58%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-51,871	–	-0.59%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-19,411	–	-0.62%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-199,744	–	-0.65%	–
TCRD	Exit	THL CR INC	$0	–	-311,078	–	-0.72%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-31,500	–	-0.72%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-18,820	–	-0.75%	–
BAC	Exit	BANK AMER CORP	$0	–	-88,651	–	-0.75%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-35,293	–	-0.77%	–
EZU	Exit	ISHARES INCmsci eurzone etf	$0	–	-81,000	–	-0.95%	–
GDX	Exit	VANECK VECTORS ETF TRgold miners etf	$0	–	-188,076	–	-1.00%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-2,946	–	-1.01%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR O	$0	–	-300,084	–	-1.04%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-113,708	–	-1.23%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-25,669	–	-1.24%	–
TSLF	Exit	THL CR SR LN FD	$0	–	-271,629	–	-1.30%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-3,783	–	-1.31%	–
AAPL	Exit	APPLE INC	$0	–	-22,465	–	-1.46%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-82,598	–	-1.47%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OP	$0	–	-356,192	–	-1.65%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-97,440	–	-1.69%	–
IWV	Exit	ISHARES TRrussell 3000 etf	$0	–	-34,245	–	-1.69%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-162,600	–	-1.85%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-59,927	–	-1.94%	–
GUNR	Exit	FLEXSHARES TRmornstar upstr	$0	–	-240,626	–	-2.34%	–
CSCO	Exit	CISCO SYS INC	$0	–	-185,272	–	-2.59%	–
BTI	Exit	BRITISH AMERN TOB PLCsponsored adr	$0	–	-239,497	–	-3.20%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-107,978	–	-3.54%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-42	–	-3.86%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-135,645	–	-3.88%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-82,754	–	-5.80%	–
IAU	Exit	ISHARES GOLD TRUSTishares	$0	–	-3,411,009	–	-11.19%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-251,480	–	-20.98%	–

Q3 2018

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$73,110,000	+2.1%	251,480	-4.7%	20.98%	-1.6%
IAU	Buy	ISHARES GOLD TRUSTishares	$38,988,000	-4.2%	3,411,009	+0.7%	11.19%	-7.8%
DVY	Sell	ISHARES TRselect divid etf	$13,532,000	+1.6%	135,645	-0.5%	3.88%	-2.2%
MSFT	Buy	MICROSOFT CORP	$12,349,000	+16.3%	107,978	+0.3%	3.54%	+12.0%
BTI	Sell	BRITISH AMERN TOB PLCsponsored adr	$11,168,000	-11.6%	239,497	-4.4%	3.20%	-14.9%
CSCO	Buy	CISCO SYS INC	$9,013,000	+14.9%	185,272	+1.6%	2.59%	+10.7%
GUNR	Buy	FLEXSHARES TRmornstar upstr	$8,143,000	+3.5%	240,626	+3.7%	2.34%	-0.3%
GLD	Buy	SPDR GOLD TRUST	$6,757,000	+9.2%	59,927	+15.0%	1.94%	+5.2%
IWV	Sell	ISHARES TRrussell 3000 etf	$5,900,000	+0.4%	34,245	-5.4%	1.69%	-3.3%
BMY	Buy	BRISTOL MYERS SQUIBB CO	$5,128,000	+12.2%	82,598	+0.0%	1.47%	+8.0%
AAPL	Buy	APPLE INC	$5,071,000	+36.8%	22,465	+12.2%	1.46%	+31.8%
GOOGL	Sell	ALPHABET INCcap stk cl a	$4,566,000	+6.8%	3,783	-0.1%	1.31%	+2.8%
TSLF	Buy	THL CR SR LN FD	$4,517,000	-3.6%	271,629	+0.1%	1.30%	-7.2%
IWM	Buy	ISHARES TRrussell 2000 etf	$4,327,000	+3.4%	25,669	+0.5%	1.24%	-0.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$3,516,000	+6.9%	2,946	-0.1%	1.01%	+3.0%
GDX	Sell	VANECK VECTORS ETF TRgold miners etf	$3,483,000	-17.4%	188,076	-0.6%	1.00%	-20.5%
XLE	Buy	SELECT SECTOR SPDR TRenergy	$2,673,000	-0.2%	35,293	+0.1%	0.77%	-3.9%
BAC	Buy	BANK AMER CORP	$2,612,000	+4.7%	88,651	+0.2%	0.75%	+0.9%
TCRD	Buy	THL CR INC	$2,510,000	+5.4%	311,078	+2.1%	0.72%	+1.4%
GE	Buy	GENERAL ELECTRIC CO	$2,255,000	-17.0%	199,744	+0.0%	0.65%	-20.1%
TIP	Buy	ISHARES TRtips bd etf	$2,147,000	-1.7%	19,411	+0.3%	0.62%	-5.4%
FNF	Buy	FIDELITY NATIONAL FINANCIAL	$2,041,000	+5.4%	51,871	+0.8%	0.59%	+1.6%
INTC	Buy	INTEL CORP	$1,934,000	-4.5%	40,895	+0.3%	0.56%	-8.1%
EFA	Sell	ISHARES TRmsci eafe etf	$1,892,000	+1.1%	27,834	-0.4%	0.54%	-2.7%
FMBI	Sell	FIRST MIDWEST BANCORP DEL	$1,864,000	-3.1%	70,105	-7.2%	0.54%	-6.6%
VOO	Buy	VANGUARD INDEX FDS	$1,729,000	+7.8%	6,476	+0.8%	0.50%	+3.8%
AMZN	Buy	AMAZON COM INC	$1,540,000	+125.5%	769	+91.3%	0.44%	+116.7%
IJR	New	ISHARES TRcore s&p scp etf	$1,502,000	–	17,217	–	0.43%	–
DBC	Sell	INVESCO DB COMMDY INDX TRCKunit	$1,488,000	-1.6%	82,792	-3.2%	0.43%	-5.3%
T	Buy	AT&T INC	$1,478,000	+5.0%	44,001	+0.3%	0.42%	+1.0%
XLF	Sell	SELECT SECTOR SPDR TRsbi int-finl	$1,387,000	+2.9%	50,287	-0.8%	0.40%	-1.0%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$1,388,000	+22.2%	3,778	+18.1%	0.40%	+17.8%
IDV	Buy	ISHARES TRintl sel div etf	$1,256,000	+70.9%	38,482	+67.8%	0.36%	+64.4%
CAT	Sell	CATERPILLAR INC DEL	$1,102,000	+3.1%	7,228	-8.3%	0.32%	-0.9%
SHE	New	SPDR SER TRssga gnder etf	$997,000	–	12,987	–	0.29%	–
EXG	Buy	EATON VANCE TAX MNGD GBL DV	$961,000	+2.5%	101,160	+0.3%	0.28%	-1.1%
XLP	Sell	SELECT SECTOR SPDR TRsbi cons stpls	$921,000	+2.2%	17,084	-2.3%	0.26%	-1.5%
BOMN	Buy	BOSTON OMAHA CORP	$598,000	+140.2%	19,996	+69.5%	0.17%	+132.4%
CZR	Buy	CAESARS ENTMT CORP	$496,000	+91.5%	48,342	+100.0%	0.14%	+84.4%
DEA	Sell	EASTERLY GOVT PPTYS INC	$469,000	-45.5%	24,231	-44.4%	0.14%	-47.5%
IVV	New	ISHARES TRcore s&p500 etf	$462,000	–	1,578	–	0.13%	–
XLK	Sell	SELECT SECTOR SPDR TRtechnology	$457,000	+1.3%	6,062	-6.5%	0.13%	-2.2%
ABBV	Buy	ABBVIE INC	$446,000	+10.1%	4,712	+7.7%	0.13%	+5.8%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$431,000	+19.4%	2,861	+6.2%	0.12%	+14.8%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$388,000	-12.2%	2,091	-18.8%	0.11%	-15.9%
HEDJ	Sell	WISDOMTREE TReurope hedged eq	$379,000	-36.0%	6,000	-36.0%	0.11%	-38.1%
WMT	Buy	WALMART INC	$364,000	+9.6%	3,880	+0.2%	0.10%	+5.1%
REM	Sell	ISHARES TRmortge rel etf	$327,000	-4.1%	7,500	-4.4%	0.09%	-7.8%
JUST	New	GOLDMAN SACHS ETF TRjust us lrg cp	$300,000	–	7,130	–	0.09%	–
JPM	Buy	JPMORGAN CHASE & CO	$294,000	+26.7%	2,604	+16.8%	0.08%	+21.7%
FB	Sell	FACEBOOK INCcl a	$280,000	-17.9%	1,704	-2.9%	0.08%	-21.6%
V	Buy	VISA INC	$269,000	+19.6%	1,794	+5.7%	0.08%	+14.9%
ABT	New	ABBOTT LABS	$252,000	–	3,432	–	0.07%	–
PEP	Buy	PEPSICO INC	$233,000	+15.9%	2,085	+12.9%	0.07%	+11.7%
IWN	Sell	ISHARES TRrus 2000 val etf	$230,000	-18.7%	1,733	-19.3%	0.07%	-21.4%
MRK	New	MERCK & CO INC	$224,000	–	3,160	–	0.06%	–
WDAY	New	WORKDAY INCcl a	$202,000	–	1,382	–	0.06%	–
ITOT	New	ISHARES TRcore s&p ttl stk	$201,000	–	3,010	–	0.06%	–
BBD	New	BANCO BRADESCO S Asp adr pfd new	$101,000	–	14,200	–	0.03%	–
MKGI	New	MONAKER GROUP INC	$37,000	–	17,040	–	0.01%	–
FM	Exit	ISHARES INCmsci frntr100etf	$0	–	-7,500	–	-0.06%	–
KBE	Exit	SPDR SERIES TRUSTs&p bk etf	$0	–	-5,175	–	-0.07%	–
GNR	Exit	SPDR INDEX SHS FDSglb nat resrce	$0	–	-5,000	–	-0.07%	–
IFN	Exit	India Fund Inc	$0	–	-39,050	–	-0.28%	–
VIAB	Exit	Viacom New Class B	$0	–	-40,050	–	-0.36%	–

Q2 2018

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETFfu	$71,574,000	–	263,839	–	21.33%	–
IAU	New	iShares Gold Trustfu	$40,702,000	–	3,386,199	–	12.13%	–
TMO	New	Thermo Fisher Scientific Inc	$17,142,000	–	82,754	–	5.11%	–
DVY	New	ISHARES TRselect divid etf	$13,319,000	–	136,268	–	3.97%	–
BTI	New	British American Tob-Sp ADRadr	$12,638,000	–	250,497	–	3.77%	–
BRKA	New	Berkshire Hathaway Inc - CL A	$11,846,000	–	42	–	3.53%	–
MSFT	New	Microsoft	$10,620,000	–	107,694	–	3.16%	–
GUNR	New	FlexShares Mstar Glbl Upstrm Nat Res ETFfu	$7,864,000	–	232,052	–	2.34%	–
CSCO	New	Cisco Systems	$7,844,000	–	182,299	–	2.34%	–
GLD	New	SPDR Gold Sharesfu	$6,185,000	–	52,130	–	1.84%	–
IWV	New	ISHARES TRrussell 3000 etf	$5,877,000	–	36,214	–	1.75%	–
AZN	New	Astrazeneca PLC Sponsored ADRadr	$5,709,000	–	162,600	–	1.70%	–
MO	New	Altria Group Inc. CMN	$5,534,000	–	97,440	–	1.65%	–
ETV	New	Eaton Vance Tax Managed Buy Write	$5,503,000	–	356,192	–	1.64%	–
SEDG	New	SolarEdge Technologies, INC	$5,441,000	–	113,708	–	1.62%	–
TSLF	New	THL CR SR LN FD	$4,685,000	–	271,273	–	1.40%	–
BMY	New	Bristol Myers Squibb Company	$4,570,000	–	82,583	–	1.36%	–
GOOGL	New	Alphabet Inc., Class A Shares	$4,275,000	–	3,786	–	1.27%	–
GDX	New	VanEck Vectors Gold Miners ETFfu	$4,219,000	–	189,130	–	1.26%	–
IWM	New	ISHARES TRrussell 2000 etf	$4,183,000	–	25,544	–	1.25%	–
AAPL	New	Apple, Inc	$3,706,000	–	20,021	–	1.10%	–
ETW	New	Eaton Vance Tax Managed Global	$3,541,000	–	300,084	–	1.06%	–
EZU	New	ISHARES INCmsci eurzone etf	$3,322,000	–	81,000	–	0.99%	–
GOOG	New	Alphabet Inc., Class C Shares	$3,289,000	–	2,948	–	0.98%	–
GE	New	General Electric	$2,718,000	–	199,698	–	0.81%	–
XLE	New	Energy Select Sector SPDR ETFfu	$2,678,000	–	35,268	–	0.80%	–
BAC	New	Bank of America	$2,495,000	–	88,502	–	0.74%	–
DUK	New	Duke Energy Corporation	$2,491,000	–	31,500	–	0.74%	–
TCRD	New	THL CR Incfu	$2,382,000	–	304,635	–	0.71%	–
JNJ	New	Johnson & Johnson	$2,284,000	–	18,820	–	0.68%	–
TIP	New	ISHARES TRtips bd etf	$2,185,000	–	19,355	–	0.65%	–
MUI	New	BlackRock Muni Intermediate Duration CEF	$2,037,000	–	154,200	–	0.61%	–
INTC	New	Intel Inc.	$2,026,000	–	40,759	–	0.60%	–
FNF	New	Fidelity National Financial IN FNF Group	$1,937,000	–	51,482	–	0.58%	–
FMBI	New	First Midwest Bancorp Inc Del	$1,924,000	–	75,545	–	0.57%	–
EFA	New	ISHARES TRmsci eafe etf	$1,872,000	–	27,959	–	0.56%	–
AAXJ	New	ISHARES TRmsci ac asia etf	$1,847,000	–	25,770	–	0.55%	–
JLS	New	Nuveen Mortgage Opp. Term Fund	$1,778,000	–	75,610	–	0.53%	–
VOO	New	Vanguard Index FDS S&P 500 ETF SHSfu	$1,604,000	–	6,427	–	0.48%	–
DJP	New	BARCLAYS BK PLCdjubs cmdt etn36	$1,534,000	–	63,000	–	0.46%	–
DBC	New	Invesco DB Comm Index Fundfu	$1,512,000	–	85,542	–	0.45%	–
T	New	AT&T, Inc.	$1,408,000	–	43,852	–	0.42%	–
AMJ	New	JPMORGAN CHASE & COalerian ml etn	$1,394,000	–	52,427	–	0.42%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$1,348,000	–	50,680	–	0.40%	–
OEF	New	ISHARES TRs&p 100 etf	$1,330,000	–	11,120	–	0.40%	–
VIAB	New	Viacom New Class B	$1,208,000	–	40,050	–	0.36%	–
VEA	New	Vanguard FTSE Developed Markets ETFfu	$1,201,000	–	27,992	–	0.36%	–
BRKB	New	Berkshire Hathaway Inc-CL B	$1,179,000	–	6,314	–	0.35%	–
VOD	New	VODAFONE GROUP PLC NEW SPNSR ADR NO PARadr	$1,140,000	–	46,907	–	0.34%	–
VEU	New	Vanguard International Equity Index Fundfu	$1,134,000	–	21,875	–	0.34%	–
MDY	New	SPDR S&P MidCap 400 ETFfu	$1,136,000	–	3,199	–	0.34%	–
HASI	New	Hannon Armstrong Sustainable Infrastructure Capital Inc	$1,106,000	–	55,989	–	0.33%	–
GS	New	Goldman Sachs Group Inc Com	$1,103,000	–	5,000	–	0.33%	–
BCX	New	Blackrock Resource and Commodities Trust	$1,093,000	–	117,653	–	0.33%	–
CAT	New	Caterpillar Inc.	$1,069,000	–	7,882	–	0.32%	–
CEF	New	Sprott Physical Gold and Silver Trust	$980,000	–	78,200	–	0.29%	–
IFN	New	India Fund Inc	$947,000	–	39,050	–	0.28%	–
EXG	New	Eaton Vance Tax-Managed Global Diversified	$938,000	–	100,841	–	0.28%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$901,000	–	17,482	–	0.27%	–
DEA	New	Easterly Government Securities CMN	$861,000	–	43,550	–	0.26%	–
BKI	New	Black Knight Inc	$839,000	–	15,659	–	0.25%	–
CDW	New	CDW CORP	$830,000	–	10,276	–	0.25%	–
VIG	New	VANGUARD GROUPdiv app etf	$743,000	–	7,315	–	0.22%	–
IDV	New	ISHARES TRintl sel div etf	$735,000	–	22,932	–	0.22%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$693,000	–	6,828	–	0.21%	–
AMZN	New	Amazon Inc COM	$683,000	–	402	–	0.20%	–
FOF	New	Cohen & Steers Closed End	$601,000	–	46,780	–	0.18%	–
HEDJ	New	WisdomTree Europe Hedged Equity Fundfu	$592,000	–	9,375	–	0.18%	–
KMX	New	CarMax, Inc	$576,000	–	7,900	–	0.17%	–
XLK	New	Select Sector SPDR TR SBI INT-Techfu	$451,000	–	6,486	–	0.13%	–
QQQ	New	Invesco QQQ Trustfu	$442,000	–	2,576	–	0.13%	–
CII	New	Blackrock Enh Cap & Inc Fund	$419,000	–	25,836	–	0.12%	–
JMT	New	Nuveen Mortgage Opp Term Fd 2	$409,000	–	18,030	–	0.12%	–
ABBV	New	ABBVIE INC	$405,000	–	4,374	–	0.12%	–
ADP	New	Automatic Data Processing Inc	$361,000	–	2,695	–	0.11%	–
VZ	New	Verizon Communications	$360,000	–	7,161	–	0.11%	–
TSLA	New	Tesla, Inc.,	$350,000	–	1,020	–	0.10%	–
FB	New	Facebook Inc Class A	$341,000	–	1,754	–	0.10%	–
REM	New	ISHARES TRmortge rel etf	$341,000	–	7,845	–	0.10%	–
HEFA	New	ISHARES TRhdg msci eafe	$335,000	–	11,322	–	0.10%	–
WMT	New	WALMART INC	$332,000	–	3,874	–	0.10%	–
NVDA	New	Nvidia Corp	$284,000	–	1,199	–	0.08%	–
IWN	New	ISHARES TRrus 2000 val etf	$283,000	–	2,148	–	0.08%	–
EMR	New	Emerson Electric	$271,000	–	3,920	–	0.08%	–
LULU	New	Lululemon Athletica, Inc.	$259,000	–	2,071	–	0.08%	–
CZR	New	Caesars Entertainment Corp.	$259,000	–	24,171	–	0.08%	–
GNR	New	SPDR INDEX SHS FDSglb nat resrce	$250,000	–	5,000	–	0.07%	–
BOMN	New	Boston Omaha Corp. Class A	$249,000	–	11,800	–	0.07%	–
BAX	New	BAXTER INTL INC COM	$246,000	–	3,337	–	0.07%	–
KBE	New	SPDR SERIES TRUSTs&p bk etf	$244,000	–	5,175	–	0.07%	–
JPM	New	JP Morgan Chase & Co CMN	$232,000	–	2,230	–	0.07%	–
V	New	VISA INC	$225,000	–	1,698	–	0.07%	–
DXJ	New	WISDOMTREE TRjapn hedge eqt	$223,000	–	4,139	–	0.07%	–
FM	New	ISHARES INCmsci frntr100etf	$216,000	–	7,500	–	0.06%	–
PANW	New	Palo Alto Networks, Inc.	$212,000	–	1,030	–	0.06%	–
AWP	New	ABERDEEN GLOBAL PREMIER PPTYS FD	$210,000	–	32,872	–	0.06%	–
DBA	New	Invesco DB Agriculture Fundfu	$204,000	–	11,309	–	0.06%	–
PEP	New	Pepsico	$201,000	–	1,847	–	0.06%	–
CERS	New	CERUS CORP COM	$147,000	–	22,000	–	0.04%	–
BGY	New	Blackrock International Growth & Income	$107,000	–	18,590	–	0.03%	–
VOLT	New	VOLT INFORMATION SCIENCES INC COM	$83,000	–	24,355	–	0.02%	–

Q4 2017

			Value		Shares		↓ Weighting
EYES	Exit	SECOND SIGHT MED PRODS INC	$0	–	-26,100	–	-0.01%	–
CERS	Exit	CERUS CORP	$0	–	-22,000	–	-0.02%	–
VBLT	Exit	VASCULAR BIOGENICS LTD	$0	–	-11,050	–	-0.02%	–
VOLT	Exit	VOLT INFORMATION SCIENCES IN	$0	–	-24,355	–	-0.02%	–
BGY	Exit	BLACKROCK ENHANCED INTL DIV	$0	–	-18,590	–	-0.03%	–
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-17,685	–	-0.05%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-6,142	–	-0.05%	–
ABBV	Exit	ABBVIE INC	$0	–	-2,395	–	-0.06%	–
MKL	Exit	MARKEL CORP	$0	–	-200	–	-0.06%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-5,207	–	-0.06%	–
AWP	Exit	ALPINE GLOBAL PREMIER PPTYS	$0	–	-32,872	–	-0.06%	–
KO	Exit	COCA COLA CO	$0	–	-4,919	–	-0.06%	–
JMT	Exit	NUVEEN MTG OPPTY TERM FD 2	$0	–	-9,030	–	-0.06%	–
DXJ	Exit	WISDOMTREE TRjapn hedge eqt	$0	–	-4,024	–	-0.06%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-3,315	–	-0.06%	–
FM	Exit	ISHARES INCmsci frntr100etf	$0	–	-7,500	–	-0.06%	–
EMR	Exit	EMERSON ELEC CO	$0	–	-3,920	–	-0.06%	–
NVDA	Exit	Nvidia Corp	$0	–	-1,374	–	-0.06%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-5,221	–	-0.07%	–
MMM	Exit	3M CO	$0	–	-1,241	–	-0.07%	–
LBTYK	Exit	LIBERTY GLOBAL PLC	$0	–	-7,976	–	-0.07%	–
ADP	Exit	AUTOMATIC DATA PROCESSING IN	$0	–	-2,400	–	-0.07%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-2,148	–	-0.07%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-745	–	-0.07%	–
AMZN	Exit	AMAZON COM INC	$0	–	-283	–	-0.07%	–
UBA	Exit	URSTADT BIDDLE PPTYS INCcl a	$0	–	-13,401	–	-0.08%	–
JNJ	Exit	Johnson & Johnson	$0	–	-2,275	–	-0.08%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-2,046	–	-0.08%	–
ECL	Exit	ECOLAB INC	$0	–	-2,500	–	-0.08%	–
HEFA	Exit	ISHARES TRhdg msci eafe	$0	–	-11,322	–	-0.08%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-5,700	–	-0.09%	–
TSLA	Exit	TESLA INC	$0	–	-1,020	–	-0.09%	–
CII	Exit	BLACKROCK ENH CAP & INC FD I	$0	–	-25,836	–	-0.10%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-5,212	–	-0.10%	–
ARCC	Exit	ARES CAP CORP	$0	–	-25,000	–	-0.11%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-2,100	–	-0.11%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-8,075	–	-0.11%	–
MS	Exit	MORGAN STANLEY	$0	–	-9,145	–	-0.11%	–
ORCL	Exit	ORACLE CORP	$0	–	-9,755	–	-0.12%	–
PEP	Exit	PEPSICO INC	$0	–	-5,010	–	-0.14%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-14,686	–	-0.14%	–
AON	Exit	AON PLC	$0	–	-3,910	–	-0.15%	–
REM	Exit	ISHARES TRmtg rel etf new	$0	–	-12,163	–	-0.15%	–
KMX	Exit	CARMAX INC	$0	–	-7,900	–	-0.15%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-5,874	–	-0.15%	–
FOF	Exit	COHEN & STEERS CLOSED END OP	$0	–	-46,780	–	-0.16%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-3,213	–	-0.16%	–
CDW	Exit	CDW CORP	$0	–	-10,276	–	-0.18%	–
HEDJ	Exit	WISDOMTREE TReurope hedged eq	$0	–	-11,775	–	-0.20%	–
EXG	Exit	EATON VANCE TAX MNGD GBL DV	$0	–	-99,937	–	-0.24%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-7,572	–	-0.24%	–
AMJ	Exit	JPMORGAN CHASE & COalerian ml etn	$0	–	-33,842	–	-0.25%	–
CEF	Exit	CENTRAL FD CDA LTDcl a	$0	–	-78,400	–	-0.26%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-75,736	–	-0.26%	–
TCRD	Exit	THL CR Inc	$0	–	-109,774	–	-0.26%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-3,174	–	-0.27%	–
BCX	Exit	BLACKROCK RES & COMM STRAT T	$0	–	-117,653	–	-0.27%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-20,463	–	-0.28%	–
VIAB	Exit	VIACOM INC NEWcl b	$0	–	-40,050	–	-0.29%	–
GNR	Exit	SPDR INDEX SHS FDSglb nat resrce	$0	–	-25,584	–	-0.30%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-5,000	–	-0.30%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-27,992	–	-0.31%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-11,120	–	-0.32%	–
DEA	Exit	EASTERLY GOVT PPTYS INC	$0	–	-62,869	–	-0.34%	–
VOD	Exit	VODAFONE GROUP PLC NEWsponsored adr	$0	–	-48,307	–	-0.35%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-65,989	–	-0.41%	–
JLS	Exit	NUVEEN MTG OPPORTUNITY TERM	$0	–	-63,372	–	-0.41%	–
INTC	Exit	INTEL CORP	$0	–	-42,749	–	-0.42%	–
T	Exit	AT&T INC	$0	–	-42,167	–	-0.42%	–
WPG	Exit	WASHINGTON PRIME GROUP NEW	$0	–	-205,395	–	-0.44%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-25,836	–	-0.46%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-12,536	–	-0.48%	–
AAXJ	Exit	ISHARES TRmsci ac asia etf	$0	–	-25,770	–	-0.48%	–
FMBI	Exit	FIRST MIDWEST BANCORP DEL	$0	–	-82,445	–	-0.50%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-18,500	–	-0.54%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-11,474	–	-0.54%	–
BAC	Exit	BANK AMER CORP	$0	–	-84,685	–	-0.55%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-31,477	–	-0.56%	–
MUI	Exit	BLACKROCK MUNI INTER DR FD I	$0	–	-154,200	–	-0.56%	–
DBA	Exit	POWERSHS DB MULTI SECT COMMps db agricul fd	$0	–	-122,921	–	-0.60%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-51,073	–	-0.62%	–
DBC	Exit	POWERSHARES DB CMDTY IDX TRAunit ben int	$0	–	-160,679	–	-0.64%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-31,500	–	-0.68%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-3,050	–	-0.75%	–
TSLF	Exit	THL CR SR LN FD	$0	–	-177,230	–	-0.80%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-113,708	–	-0.84%	–
DJP	Exit	BARCLAYS BK PLCdjubs cmdt etn36	$0	–	-152,640	–	-0.91%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR O	$0	–	-300,084	–	-0.92%	–
HEZU	Exit	ISHARES TRcur hd eurzn etf	$0	–	-120,000	–	-0.93%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-3,827	–	-0.96%	–
AAPL	Exit	APPLE INC	$0	–	-24,577	–	-0.98%	–
GDX	Exit	VANECK VECTORS ETF TRgold miners etf	$0	–	-189,130	–	-1.12%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-204,250	–	-1.27%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-82,570	–	-1.36%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OP	$0	–	-359,192	–	-1.42%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-162,600	–	-1.42%	–
IWV	Exit	ISHARES TRrussell 3000 etf	$0	–	-37,888	–	-1.46%	–
GUNR	Exit	FLEXSHARES TRmornstar upstr	$0	–	-193,292	–	-1.55%	–
CSCO	Exit	CISCO SYS INC	$0	–	-181,549	–	-1.57%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-97,440	–	-1.59%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-62,344	–	-1.95%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-110,145	–	-2.11%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-42	–	-2.97%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-156,223	–	-3.77%	–
BTI	Exit	BRITISH AMERN TOB PLCsponsored adr	$0	–	-250,497	–	-4.03%	–
TMO	Exit	Thermo Fisher Scientific Inc	$0	–	-83,230	–	-4.06%	–
IAU	Exit	iShares Gold Trustishares	$0	–	-3,128,842	–	-9.92%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-250,728	–	-16.22%	–
SPG	Exit	SIMON PPTY GROUP INC NEW	$0	–	-411,036	–	-17.04%	–

Q3 2017

			Value		Shares		↓ Weighting
SPG	Buy	SIMON PPTY GROUP INC NEW	$66,181,000	-0.4%	411,036	+0.1%	17.04%	-0.7%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$62,990,000	-5.8%	250,728	-9.3%	16.22%	-6.1%
IAU	Buy	iShares Gold Trustishares	$38,516,000	+15.1%	3,128,842	+11.7%	9.92%	+14.7%
BTI	Buy	BRITISH AMERN TOB PLCsponsored adr	$15,644,000	+1065.7%	250,497	+1179.2%	4.03%	+1061.1%
DVY	Sell	ISHARES TRselect divid etf	$14,630,000	+0.7%	156,223	-0.9%	3.77%	+0.3%
BRKA	Sell	BERKSHIRE HATHAWAY INC DELcl a	$11,539,000	+5.4%	42	-2.3%	2.97%	+4.9%
MSFT	Buy	MICROSOFT CORP	$8,205,000	+9.7%	110,145	+1.5%	2.11%	+9.3%
GLD	Buy	SPDR GOLD TRUST	$7,580,000	+3.8%	62,344	+0.7%	1.95%	+3.4%
GUNR	Buy	FLEXSHARES TRmornstar upstr	$6,021,000	+9.1%	193,292	+0.1%	1.55%	+8.7%
IWV	Sell	ISHARES TRrussell 3000 etf	$5,656,000	-13.3%	37,888	-16.4%	1.46%	-13.6%
AZN	New	ASTRAZENECA PLCsponsored adr	$5,509,000	–	162,600	–	1.42%	–
ETV	Sell	EATON VANCE TX MNG BY WRT OP	$5,503,000	-15.7%	359,192	-23.2%	1.42%	-16.1%
BMY	Sell	BRISTOL MYERS SQUIBB CO	$5,263,000	+14.1%	82,570	-0.3%	1.36%	+13.6%
GE	New	GENERAL ELECTRIC CO	$4,939,000	–	204,250	–	1.27%	–
GDX	New	VANECK VECTORS ETF TRgold miners etf	$4,342,000	–	189,130	–	1.12%	–
AAPL	Sell	APPLE INC	$3,788,000	-14.5%	24,577	-20.1%	0.98%	-14.8%
HEZU	Buy	ISHARES TRcur hd eurzn etf	$3,613,000	+12.1%	120,000	+9.1%	0.93%	+11.6%
DJP	Sell	BARCLAYS BK PLCdjubs cmdt etn36	$3,550,000	-30.7%	152,640	-32.5%	0.91%	-31.0%
TSLF	Buy	THL CR SR LN FD	$3,103,000	+1.7%	177,230	+3.0%	0.80%	+1.3%
GOOG	Sell	ALPHABET INCcap stk cl c	$2,925,000	-0.9%	3,050	-6.2%	0.75%	-1.3%
DBC	Sell	POWERSHARES DB CMDTY IDX TRAunit ben int	$2,474,000	-24.5%	160,679	-29.2%	0.64%	-24.8%
DBA	Sell	POWERSHS DB MULTI SECT COMMps db agricul fd	$2,333,000	-29.8%	122,921	-26.6%	0.60%	-30.0%
XLE	Sell	SELECT SECTOR SPDR TRenergy	$2,156,000	+0.8%	31,477	-4.4%	0.56%	+0.4%
BAC	Buy	BANK AMER CORP	$2,146,000	+16.1%	84,685	+11.1%	0.55%	+15.7%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$2,103,000	+0.2%	11,474	-95.6%	0.54%	-0.2%
FMBI	Sell	FIRST MIDWEST BANCORP DEL	$1,931,000	-31.4%	82,445	-31.7%	0.50%	-31.6%
IWM	Sell	ISHARES TRrussell 2000 etf	$1,858,000	-37.7%	12,536	-40.7%	0.48%	-37.9%
EFA	Sell	ISHARES TRmsci eafe etf	$1,769,000	-5.6%	25,836	-10.1%	0.46%	-5.8%
WPG	New	WASHINGTON PRIME GROUP NEW	$1,711,000	–	205,395	–	0.44%	–
T	Buy	AT&T INC	$1,652,000	+7.0%	42,167	+3.0%	0.42%	+6.5%
INTC	Buy	INTEL CORP	$1,628,000	+20.1%	42,749	+6.4%	0.42%	+19.7%
JLS	Buy	NUVEEN MTG OPPORTUNITY TERM	$1,607,000	-0.7%	63,372	+0.3%	0.41%	-1.0%
VEA	Buy	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$1,215,000	+1068.3%	27,992	+0.6%	0.31%	+1059.3%
GNR	Sell	SPDR INDEX SHS FDSglb nat resrce	$1,176,000	-10.4%	25,584	-19.0%	0.30%	-10.6%
VIAB	Buy	VIACOM INC NEWcl b	$1,115,000	-17.0%	40,050	+0.1%	0.29%	-17.3%
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$1,105,000	-1.6%	20,463	+0.1%	0.28%	-1.7%
MDY	Sell	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$1,036,000	-52.7%	3,174	-54.0%	0.27%	-52.8%
TCRD	Sell	THL CR Inc	$1,024,000	-63.9%	109,774	-61.5%	0.26%	-64.0%
CEF	Buy	CENTRAL FD CDA LTDcl a	$993,000	+118.2%	78,400	+112.5%	0.26%	+116.9%
AMJ	New	JPMORGAN CHASE & COalerian ml etn	$955,000	–	33,842	–	0.25%	–
CAT	Buy	CATERPILLAR INC DEL	$944,000	+25.0%	7,572	+7.8%	0.24%	+24.6%
EXG	New	EATON VANCE TAX MNGD GBL DV	$934,000	–	99,937	–	0.24%	–
HEDJ	Sell	WISDOMTREE TReurope hedged eq	$762,000	-5.2%	11,775	-8.7%	0.20%	-5.8%
CDW	Sell	CDW CORP	$678,000	+4.3%	10,276	-1.1%	0.18%	+4.2%
MINT	New	PIMCO ETF TRenhan shrt ma ac	$598,000	–	5,874	–	0.15%	–
REM	Buy	ISHARES TRmtg rel etf new	$570,000	+63.8%	12,163	+62.2%	0.15%	+63.3%
CMCSA	Buy	COMCAST CORP NEWcl a	$565,000	+6.8%	14,686	+8.1%	0.14%	+5.8%
ORCL	Buy	ORACLE CORP	$472,000	-2.5%	9,755	+1.0%	0.12%	-2.4%
MS	New	MORGAN STANLEY	$441,000	–	9,145	–	0.11%	–
WMT	New	WAL-MART STORES INC	$407,000	–	5,212	–	0.10%	–
XLK	Sell	SELECT SECTOR SPDR TRtechnology	$337,000	-4.5%	5,700	-11.6%	0.09%	-4.4%
HEFA	Buy	ISHARES TRhdg msci eafe	$328,000	+21.9%	11,322	+19.8%	0.08%	+20.0%
JNJ	Sell	Johnson & Johnson	$296,000	-2.0%	2,275	-0.2%	0.08%	-2.6%
UBA	Sell	URSTADT BIDDLE PPTYS INCcl a	$291,000	-45.2%	13,401	-50.0%	0.08%	-45.3%
AMZN	Sell	AMAZON COM INC	$272,000	-10.5%	283	-9.9%	0.07%	-11.4%
SHW	Buy	SHERWIN WILLIAMS CO	$267,000	+24.8%	745	+22.1%	0.07%	+25.5%
IWN	Buy	ISHARES TRrus 2000 val etf	$267,000	+29.6%	2,148	+23.9%	0.07%	+30.2%
ADP	Buy	AUTOMATIC DATA PROCESSING IN	$262,000	+6.9%	2,400	+0.6%	0.07%	+6.3%
VZ	Buy	VERIZON COMMUNICATIONS INC	$258,000	+14.7%	5,221	+3.8%	0.07%	+13.8%
NVDA	Sell	Nvidia Corp	$246,000	+7.9%	1,374	-12.7%	0.06%	+6.8%
DWDP	New	DOWDUPONT INC	$229,000	–	3,315	–	0.06%	–
DXJ	Buy	WISDOMTREE TRjapn hedge eqt	$220,000	+5.3%	4,024	+0.1%	0.06%	+5.6%
KO	Buy	COCA COLA CO	$221,000	+7.3%	4,919	+6.9%	0.06%	+7.5%
MDLZ	New	MONDELEZ INTL INCcl a	$212,000	–	5,207	–	0.06%	–
ABBV	New	ABBVIE INC	$213,000	–	2,395	–	0.06%	–
MKL	New	MARKEL CORP	$214,000	–	200	–	0.06%	–
IDV	New	ISHARES TRintl sel div etf	$207,000	–	6,142	–	0.05%	–
AMLP	New	ALPS ETF TRalerian mlp	$198,000	–	17,685	–	0.05%	–
VOLT	New	VOLT INFORMATION SCIENCES IN	$77,000	–	24,355	–	0.02%	–
VBLT	New	VASCULAR BIOGENICS LTD	$67,000	–	11,050	–	0.02%	–
CERS	Sell	CERUS CORP	$60,000	-45.5%	22,000	-50.0%	0.02%	-46.4%
EYES	New	SECOND SIGHT MED PRODS INC	$31,000	–	26,100	–	0.01%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-2,549	–	-0.06%	–
BAX	Exit	BAXTER INTL INC	$0	–	-5,200	–	-0.08%	–
	Exit	BRITISH AMERN TOB PLC	$0	–	-39,164	–	-0.69%	–
	Exit	ASTRAZENECA PLC	$0	–	-162,600	–	-1.43%	–
RAI	Exit	REYNOLDS AMERN INC	$0	–	-364,548	–	-6.13%	–

Q2 2017

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$66,857,000	–	276,495	–	17.28%	–
SPG	New	SIMON PPTY GROUP INC NEW	$66,416,000	–	410,586	–	17.17%	–
IAU	New	ISHARES GOLD TRUSTishares	$33,449,000	–	2,801,386	–	8.65%	–
RAI	New	REYNOLDS AMERN INC	$23,710,000	–	364,548	–	6.13%	–
DVY	New	ISHARES TRselect divid etf	$14,531,000	–	157,586	–	3.76%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$14,521,000	–	83,230	–	3.75%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$10,952,000	–	43	–	2.83%	–
MSFT	New	MICROSOFT CORPORATION	$7,479,000	–	108,495	–	1.93%	–
GLD	New	SPDR GOLD TRUST	$7,306,000	–	61,906	–	1.89%	–
MO	New	ALTRIA GROUP INC	$7,256,000	–	97,440	–	1.88%	–
ETV	New	EATON VANCE TX MNG BY WRT OP	$6,529,000	–	467,842	–	1.69%	–
IWV	New	ISHARES TRrussell 3000 etf	$6,526,000	–	45,311	–	1.69%	–
CSCO	New	CISCO SYS INC	$5,682,000	–	181,549	–	1.47%	–
	New	ASTRAZENECA PLC	$5,543,000	–	162,600	–	1.43%	–
GUNR	New	FLEXSHARES TRmornstar upstr	$5,517,000	–	193,092	–	1.43%	–
DJP	New	BARCLAYS BK PLCdjubs cmdt etn36	$5,124,000	–	226,040	–	1.32%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$4,614,000	–	82,800	–	1.19%	–
AAPL	New	APPLE INC	$4,428,000	–	30,744	–	1.14%	–
GOOGL	New	ALPHABET INCcap stk cl a	$3,558,000	–	3,827	–	0.92%	–
ETW	New	EATON VANCE TXMGD GL BUYWR O	$3,415,000	–	300,084	–	0.88%	–
DBA	New	POWERSHS DB MULTI SECT COMMps db agricul fd	$3,324,000	–	167,448	–	0.86%	–
DBC	New	POWERSHARES DB CMDTY IDX TRAunit ben int	$3,278,000	–	226,817	–	0.85%	–
HEZU	New	ISHARES TRcur hd eurzn etf	$3,224,000	–	110,000	–	0.83%	–
TSLF	New	THL CR SR LN FD	$3,051,000	–	172,070	–	0.79%	–
IWM	New	ISHARES TRrussell 2000 etf	$2,980,000	–	21,152	–	0.77%	–
GOOG	New	ALPHABET INCcap stk cl c	$2,953,000	–	3,250	–	0.76%	–
TCRD	New	THL CR INC	$2,838,000	–	285,216	–	0.73%	–
FMBI	New	FIRST MIDWEST BANCORP DEL	$2,814,000	–	120,705	–	0.73%	–
	New	BRITISH AMERN TOB PLC	$2,684,000	–	39,164	–	0.69%	–
DUK	New	DUKE ENERGY CORP NEW	$2,633,000	–	31,500	–	0.68%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$2,290,000	–	51,073	–	0.59%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$2,274,000	–	113,708	–	0.59%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$2,190,000	–	6,896	–	0.57%	–
MUI	New	BLACKROCK MUNI INTER DR FD I	$2,165,000	–	154,200	–	0.56%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$2,138,000	–	32,932	–	0.55%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$2,099,000	–	260,908	–	0.54%	–
TIP	New	ISHARES TRtips bd etf	$2,098,000	–	18,500	–	0.54%	–
EFA	New	ISHARES TRmsci eafe etf	$1,874,000	–	28,751	–	0.48%	–
BAC	New	BANK AMER CORP	$1,849,000	–	76,235	–	0.48%	–
AAXJ	New	ISHARES TRmsci ac asia etf	$1,738,000	–	25,770	–	0.45%	–
JLS	New	MICROSOFT CORP	$1,619,000	–	63,211	–	0.42%	–
T	New	AT&T INC	$1,544,000	–	40,926	–	0.40%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$1,509,000	–	65,989	–	0.39%	–
VOD	New	VODAFONE GROUP PLC NEWsponsored adr	$1,388,000	–	48,307	–	0.36%	–
INTC	New	INTEL CORP	$1,356,000	–	40,179	–	0.35%	–
BTI	New	BRITISH AMERN TOB PLCsponsored adr	$1,342,000	–	19,582	–	0.35%	–
VIAB	New	VIACOM INC NEWcl b	$1,343,000	–	40,000	–	0.35%	–
DEA	New	EASTERLY GOVT PPTYS INC	$1,317,000	–	62,869	–	0.34%	–
GNR	New	SPDR INDEX SHS FDSglb nat resrce	$1,313,000	–	31,604	–	0.34%	–
OEF	New	ISHARES TRs&p 100 etf	$1,189,000	–	11,120	–	0.31%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$1,123,000	–	20,442	–	0.29%	–
GS	New	GOLDMAN SACHS GROUP INC	$1,110,000	–	5,000	–	0.29%	–
BCX	New	BLACKROCK RES & COMM STRAT T	$942,000	–	117,653	–	0.24%	–
CZR	New	CAESARS ENTMT CORP	$909,000	–	75,736	–	0.24%	–
HEDJ	New	WISDOMTREE TReurope hedged eq	$804,000	–	12,900	–	0.21%	–
CAT	New	CATERPILLAR INC DEL	$755,000	–	7,024	–	0.20%	–
CDW	New	CDW CORP	$650,000	–	10,394	–	0.17%	–
FOF	New	COHEN & STEERS CLOSED END OP	$608,000	–	46,780	–	0.16%	–
UNH	New	UNITEDHEALTH GROUP INC	$596,000	–	3,213	–	0.15%	–
PEP	New	PEPSICO INC	$579,000	–	5,010	–	0.15%	–
CMCSA	New	COMCAST CORP NEWcl a	$529,000	–	13,582	–	0.14%	–
UBA	New	URSTADT BIDDLE PPTYS INCcl a	$531,000	–	26,802	–	0.14%	–
AON	New	AON PLC	$520,000	–	3,910	–	0.13%	–
KMX	New	CARMAX INC	$498,000	–	7,900	–	0.13%	–
ORCL	New	ORACLE CORP	$484,000	–	9,655	–	0.12%	–
CEF	New	CENTRAL FD CDA LTDcl a	$455,000	–	36,900	–	0.12%	–
ARCC	New	ARES CAP CORP	$410,000	–	25,000	–	0.11%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$407,000	–	2,100	–	0.10%	–
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$404,000	–	8,075	–	0.10%	–
CII	New	BLACKROCK ENH CAP & INC FD I	$385,000	–	25,836	–	0.10%	–
TSLA	New	TESLA INC	$369,000	–	1,020	–	0.10%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$353,000	–	6,448	–	0.09%	–
REM	New	ISHARES TRmtg rel etf new	$348,000	–	7,500	–	0.09%	–
ECL	New	ECOLAB INC	$332,000	–	2,500	–	0.09%	–
BAX	New	BAXTER INTL INC	$315,000	–	5,200	–	0.08%	–
AMZN	New	AMAZON COM INC	$304,000	–	314	–	0.08%	–
JNJ	New	JOHNSON & JOHNSON	$302,000	–	2,280	–	0.08%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$282,000	–	2,046	–	0.07%	–
HEFA	New	ISHARES TRhdg msci eafe	$269,000	–	9,450	–	0.07%	–
MMM	New	3M CO	$258,000	–	1,241	–	0.07%	–
LBTYK	New	LIBERTY GLOBAL PLC	$249,000	–	7,976	–	0.06%	–
ADP	New	AUTOMATIC DATA PROCESSING IN	$245,000	–	2,386	–	0.06%	–
JPM	New	JPMORGAN CHASE & CO	$233,000	–	2,549	–	0.06%	–
EMR	New	EMERSON ELEC CO	$234,000	–	3,920	–	0.06%	–
NVDA	New	NVIDIA CORP	$228,000	–	1,574	–	0.06%	–
VZ	New	VERIZON COMMUNICATIONS INC	$225,000	–	5,031	–	0.06%	–
JMT	New	NUVEEN MTG OPPORTUNITY TERM	$222,000	–	9,030	–	0.06%	–
FM	New	ISHARESmsci frntr100etf	$214,000	–	7,500	–	0.06%	–
SHW	New	SHERWIN WILLIAMS CO	$214,000	–	610	–	0.06%	–
AWP	New	ALPINE GLOBAL PREMIER PPTYS	$208,000	–	32,872	–	0.05%	–
DXJ	New	WISDOMTREE TRjapn hedge eqt	$209,000	–	4,021	–	0.05%	–
KO	New	COCA COLA CO	$206,000	–	4,600	–	0.05%	–
IWN	New	ISHARES TRrus 2000 val etf	$206,000	–	1,733	–	0.05%	–
BGY	New	BLACKROCK ENHANCED INTL DIV	$117,000	–	18,590	–	0.03%	–
CERS	New	CERUS CORP	$110,000	–	44,000	–	0.03%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$104,000	–	27,837	–	0.03%	–

Q4 2016

			Value		Shares		↓ Weighting
EXG	Exit	EATON VANCE TAX MNGD GBL DV	$0	–	-10,758	–	-0.08%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-24,171	–	-0.15%	–
TDG	Exit	TRANSDIGM GROUP INC	$0	–	-700	–	-0.17%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-4,600	–	-0.17%	–
HEDJ	Exit	WISDOMTREE TReurope hedged eq	$0	–	-3,900	–	-0.18%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-3,250	–	-0.20%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-4,523	–	-0.20%	–
LBTYK	Exit	LIBERTY GLOBAL PLC	$0	–	-7,976	–	-0.22%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-4,102	–	-0.23%	–
MS	Exit	MORGAN STANLEY	$0	–	-8,700	–	-0.24%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC NEW	$0	–	-1,000	–	-0.24%	–
FEZ	Exit	SPDR INDEX SHS FDSeuro stoxx 50	$0	–	-8,600	–	-0.24%	–
PEP	Exit	PEPSICO INC	$0	–	-2,650	–	-0.25%	–
ECL	Exit	ECOLAB INC	$0	–	-2,500	–	-0.26%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-10,400	–	-0.27%	–
HEFA	Exit	ISHARES TRhdg msci eafe	$0	–	-13,190	–	-0.28%	–
ORCL	Exit	ORACLE CORP	$0	–	-8,800	–	-0.30%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-2,100	–	-0.30%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-2,700	–	-0.32%	–
EWJ	Exit	ISHARESmsci japan etf	$0	–	-31,500	–	-0.34%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-8,300	–	-0.34%	–
REM	Exit	ISHARES TRmrg rl es cp etf	$0	–	-40,000	–	-0.36%	–
AON	Exit	AON PLC	$0	–	-3,900	–	-0.38%	–
BSF	Exit	BEAR ST FINL INC	$0	–	-48,305	–	-0.38%	–
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-4,300	–	-0.38%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-3,301	–	-0.41%	–
TCRD	Exit	THL CR INC	$0	–	-56,715	–	-0.46%	–
BAC	Exit	BANK AMER CORP	$0	–	-43,400	–	-0.58%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-5,000	–	-0.69%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr	$0	–	-28,144	–	-0.70%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-16,495	–	-0.75%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-11,120	–	-0.91%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-30,773	–	-0.97%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-55,989	–	-1.12%	–
IWV	Exit	ISHARES TRrussell 3000 etf	$0	–	-10,215	–	-1.12%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-18,900	–	-1.29%	–
T	Exit	AT&T INC	$0	–	-41,076	–	-1.42%	–
DEA	Exit	EASTERLY GOVT PPTYS INC	$0	–	-94,337	–	-1.54%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OP	$0	–	-123,657	–	-1.59%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR O	$0	–	-181,034	–	-1.70%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-35,167	–	-1.78%	–
BTI	Exit	BRITISH AMERN TOB PLCsponsored adr	$0	–	-19,582	–	-2.13%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-50,500	–	-2.32%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-19,286	–	-2.62%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-108,400	–	-3.04%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-58,200	–	-3.14%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-64,808	–	-3.19%	–
CSCO	Exit	CISCO SYS INC	$0	–	-120,154	–	-3.25%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-53,902	–	-3.94%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-24	–	-4.43%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-179,400	–	-4.54%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-207,000	–	-8.33%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-192,534	–	-35.56%	–

Q3 2016

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$41,645,000	-35.8%	192,534	-37.9%	35.56%	+67.4%
RAI	Sell	REYNOLDS AMERICAN INC	$9,760,000	-21.8%	207,000	-10.6%	8.33%	+103.9%
GE	Sell	GENERAL ELECTRIC CO	$5,314,000	-20.2%	179,400	-15.1%	4.54%	+108.3%
BRKA	Sell	BERKSHIRE HATHAWAY INC DELcl a	$5,189,000	-35.4%	24	-35.1%	4.43%	+68.6%
DVY	Sell	ISHARES TRselect divid etf	$4,619,000	-78.9%	53,902	-79.0%	3.94%	-44.8%
CSCO	Buy	CISCO SYS INC	$3,811,000	+11.3%	120,154	+0.7%	3.25%	+190.3%
MSFT	Sell	MICROSOFT CORP	$3,733,000	-4.0%	64,808	-14.7%	3.19%	+150.4%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$3,068,000	-74.7%	19,286	-76.5%	2.62%	-34.0%
EFA	Sell	ISHARES TRmsci eafe etf	$2,079,000	-62.6%	35,167	-64.7%	1.78%	-2.5%
ETW	Sell	EATON VANCE TXMGD GL BUYWR O	$1,993,000	-48.6%	181,034	-51.5%	1.70%	+34.1%
ETV	Sell	EATON VANCE TX MNG BY WRT OP	$1,866,000	-54.6%	123,657	-55.5%	1.59%	+18.4%
DEA	New	EASTERLY GOVT PPTYS INC	$1,800,000	–	94,337	–	1.54%	–
T	Sell	AT&T INC	$1,668,000	-6.1%	41,076	-0.1%	1.42%	+145.1%
IWV	Sell	ISHARES TRrussell 3000 etf	$1,309,000	-84.2%	10,215	-84.7%	1.12%	-58.7%
HASI	Sell	HANNON ARMSTRONG SUST INFR C	$1,308,000	-7.6%	55,989	-14.6%	1.12%	+141.3%
FNF	Sell	FIDELITY NATIONAL FINANCIAL	$1,136,000	-40.7%	30,773	-39.7%	0.97%	+54.7%
XLP	Sell	SELECT SECTOR SPDR TRsbi cons stpls	$878,000	-20.3%	16,495	-17.4%	0.75%	+107.8%
BAC	Sell	BANK AMER CORP	$679,000	-49.4%	43,400	-57.1%	0.58%	+32.1%
TCRD	Sell	THL CR INC	$540,000	-64.9%	56,715	-59.0%	0.46%	-8.5%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$477,000	-41.3%	3,301	-41.2%	0.41%	+53.0%
XLK	Sell	SELECT SECTOR SPDR TRtechnology	$397,000	-34.1%	8,300	-40.2%	0.34%	+72.1%
ORCL	Buy	ORACLE CORP	$346,000	+0.6%	8,800	+4.8%	0.30%	+161.1%
HEFA	Sell	ISHARES TRhdg msci eafe	$327,000	-6.0%	13,190	-9.0%	0.28%	+144.7%
IDV	Sell	ISHARES TRintl sel div etf	$312,000	-79.2%	10,400	-80.1%	0.27%	-45.7%
CMCSA	Sell	COMCAST CORP NEWcl a	$272,000	-32.2%	4,102	-33.3%	0.23%	+77.1%
VZ	Sell	VERIZON COMMUNICATIONS INC	$235,000	-16.4%	4,523	-10.1%	0.20%	+118.5%
WMT	Sell	WAL-MART STORES INC	$234,000	-27.6%	3,250	-26.5%	0.20%	+88.7%
HEDJ	Sell	WISDOMTREE TReurope hedged eq	$210,000	-50.5%	3,900	-53.6%	0.18%	+28.8%
TDG	New	TRANSDIGM GROUP INC	$202,000	–	700	–	0.17%	–
CZR	Sell	CAESARS ENTMT CORP	$180,000	-38.1%	24,171	-36.2%	0.15%	+62.1%
EXG	Sell	EATON VANCE TAX MNGD GBL DV	$93,000	-89.0%	10,758	-89.1%	0.08%	-71.4%
EYES	Exit	SECOND SIGHT MED PRODS INC	$0	–	-14,100	–	-0.02%	–
VBLT	Exit	VASCULAR BIOGENICS LTD	$0	–	-11,050	–	-0.02%	–
BGY	Exit	BLACKROCK INTL GRWTH & INC T	$0	–	-18,590	–	-0.04%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-11,057	–	-0.04%	–
CHMA	Exit	CHIASMA INC	$0	–	-54,131	–	-0.05%	–
AWP	Exit	ALPINE GLOBAL PREMIER PPTYS	$0	–	-32,872	–	-0.06%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-700	–	-0.07%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-1,966	–	-0.07%	–
KO	Exit	COCA COLA CO	$0	–	-4,824	–	-0.07%	–
WFM	Exit	WHOLE FOODS MKT INC	$0	–	-9,174	–	-0.10%	–
UBA	Exit	URSTADT BIDDLE PPTYS INCcl a	$0	–	-13,401	–	-0.11%	–
CII	Exit	BLACKROCK ENH CAP & INC FD I	$0	–	-25,836	–	-0.11%	–
DXJ	Exit	WISDOMTREE TRjapn hedge eqt	$0	–	-12,484	–	-0.16%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-6,750	–	-0.17%	–
AMJ	Exit	JPMORGAN CHASE & COalerian ml etn	$0	–	-16,482	–	-0.17%	–
FOF	Exit	COHEN & STEERS CLOSED END OP	$0	–	-46,780	–	-0.18%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-12,348	–	-0.18%	–
CERS	Exit	CERUS CORP	$0	–	-94,709	–	-0.19%	–
CB	Exit	CHUBB LIMITED	$0	–	-4,693	–	-0.20%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-3,146	–	-0.28%	–
KMX	Exit	CARMAX INC	$0	–	-17,947	–	-0.29%	–
INTC	Exit	INTEL CORP	$0	–	-38,764	–	-0.42%	–
VIAB	Exit	VIACOM INC NEWcl b	$0	–	-40,050	–	-0.54%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-16,738	–	-0.63%	–
AAPL	Exit	APPLE INC	$0	–	-20,154	–	-0.63%	–
GOOG	Exit	ALPHABET INCcap stk cl c	$0	–	-2,822	–	-0.64%	–
SEDG	Exit	SOLAREDGE TECHNOLOGIES INC	$0	–	-113,712	–	-0.73%	–
WPG	Exit	WP GLIMCHER IN	$0	–	-205,395	–	-0.75%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-3,551	–	-0.82%	–
SPG	Exit	SIMON PPTY GROUP INC NEW	$0	–	-411,001	–	-29.18%	–

Q2 2016

			Value		Shares		↓ Weighting
SPG	New	SIMON PPTY GROUP INC NEW	$89,146,000	–	411,001	–	29.18%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$64,898,000	–	309,812	–	21.24%	–
DVY	New	ISHARES TRselect divid etf	$21,845,000	–	256,155	–	7.15%	–
RAI	New	REYNOLDS AMERICAN INC	$12,484,000	–	231,488	–	4.09%	–
TMO	New	THERMO FISHER SCIENTIFIC INC	$12,122,000	–	82,040	–	3.97%	–
IWV	New	ISHARES TRrussell 3000 etf	$8,275,000	–	66,724	–	2.71%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$8,028,000	–	37	–	2.63%	–
GE	New	GENERAL ELECTRIC CO	$6,655,000	–	211,414	–	2.18%	–
EFA	New	ISHARES TRmsci eafe etf	$5,563,000	–	99,667	–	1.82%	–
ETV	New	EATON VANCE TX MNG BY WRT OP	$4,112,000	–	278,192	–	1.35%	–
MO	New	ALTRIA GROUP INC	$4,013,000	–	58,200	–	1.31%	–
MSFT	New	MICROSOFT CORP	$3,889,000	–	76,000	–	1.27%	–
ETW	New	EATON VANCE TXMGD GL BUYWR O	$3,879,000	–	373,384	–	1.27%	–
BMY	New	BRISTOL MYERS SQUIBB CO	$3,714,000	–	50,500	–	1.22%	–
CSCO	New	CISCO SYS INC	$3,424,000	–	119,354	–	1.12%	–
AZN	New	ASTRAZENECA PLCsponsored adr	$3,273,000	–	108,400	–	1.07%	–
BTI	New	BRITISH AMERN TOB PLCsponsored adr	$2,535,000	–	19,582	–	0.83%	–
GOOGL	New	ALPHABET INCcap stk cl a	$2,498,000	–	3,551	–	0.82%	–
WPG	New	WP GLIMCHER IN	$2,298,000	–	205,395	–	0.75%	–
SEDG	New	SOLAREDGE TECHNOLOGIES INC	$2,229,000	–	113,712	–	0.73%	–
GOOG	New	ALPHABET INCcap stk cl c	$1,953,000	–	2,822	–	0.64%	–
AAPL	New	APPLE INC	$1,927,000	–	20,154	–	0.63%	–
IWM	New	ISHARES TRrussell 2000 etf	$1,925,000	–	16,738	–	0.63%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$1,915,000	–	51,073	–	0.63%	–
T	New	AT&T INC	$1,776,000	–	41,102	–	0.58%	–
VIAB	New	VIACOM INC NEWcl b	$1,661,000	–	40,050	–	0.54%	–
DUK	New	DUKE ENERGY CORP NEW	$1,621,000	–	18,900	–	0.53%	–
TCRD	New	THL CR INC	$1,539,000	–	138,274	–	0.50%	–
IDV	New	ISHARES TRintl sel div etf	$1,497,000	–	52,295	–	0.49%	–
HASI	New	HANNON ARMSTRONG SUST INFR C	$1,416,000	–	65,548	–	0.46%	–
BAC	New	BANK AMER CORP	$1,342,000	–	101,125	–	0.44%	–
INTC	New	INTEL CORP	$1,271,000	–	38,764	–	0.42%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$1,102,000	–	19,976	–	0.36%	–
OEF	New	ISHARES TRs&p 100 etf	$1,033,000	–	11,120	–	0.34%	–
KMX	New	CARMAX INC	$880,000	–	17,947	–	0.29%	–
VOD	New	VODAFONE GROUP PLC NEWspnsr adr	$869,000	–	28,144	–	0.28%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$856,000	–	3,146	–	0.28%	–
EXG	New	EATON VANCE TAX MNGD GBL DV	$843,000	–	98,531	–	0.28%	–
BRKB	New	BERKSHIRE HATHAWAY INC DELcl b new	$812,000	–	5,611	–	0.27%	–
GS	New	GOLDMAN SACHS GROUP INC	$743,000	–	5,000	–	0.24%	–
CB	New	CHUBB LIMITED	$613,000	–	4,693	–	0.20%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$602,000	–	13,887	–	0.20%	–
CERS	New	CERUS CORP	$591,000	–	94,709	–	0.19%	–
JCI	New	JOHNSON CTLS INC	$547,000	–	12,348	–	0.18%	–
FOF	New	COHEN & STEERS CLOSED END OP	$540,000	–	46,780	–	0.18%	–
AMJ	New	JPMORGAN CHASE & COalerian ml etn	$524,000	–	16,482	–	0.17%	–
CAT	New	CATERPILLAR INC DEL	$512,000	–	6,750	–	0.17%	–
DXJ	New	WISDOMTREE TRjapn hedge eqt	$484,000	–	12,484	–	0.16%	–
BSF	New	BEAR ST FINL INC	$456,000	–	48,305	–	0.15%	–
IWF	New	ISHARES TRrus 1000 grw etf	$432,000	–	4,300	–	0.14%	–
HEDJ	New	WISDOMTREE TReurope hedged eq	$424,000	–	8,400	–	0.14%	–
AON	New	AON PLC	$426,000	–	3,900	–	0.14%	–
REM	New	ISHARES TRmrg rl es cp etf	$410,000	–	40,000	–	0.13%	–
CMCSA	New	COMCAST CORP NEWcl a	$401,000	–	6,152	–	0.13%	–
UNH	New	UNITEDHEALTH GROUP INC	$381,000	–	2,700	–	0.12%	–
EWJ	New	ISHARESmsci japan etf	$362,000	–	31,500	–	0.12%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$347,000	–	2,100	–	0.11%	–
CII	New	BLACKROCK ENH CAP & INC FD I	$347,000	–	25,836	–	0.11%	–
HEFA	New	ISHARES TRhdg msci eafe	$348,000	–	14,500	–	0.11%	–
ORCL	New	ORACLE CORP	$344,000	–	8,400	–	0.11%	–
UBA	New	URSTADT BIDDLE PPTYS INCcl a	$332,000	–	13,401	–	0.11%	–
WMT	New	WAL-MART STORES INC	$323,000	–	4,422	–	0.11%	–
ECL	New	ECOLAB INC	$297,000	–	2,500	–	0.10%	–
WFM	New	WHOLE FOODS MKT INC	$294,000	–	9,174	–	0.10%	–
CZR	New	CAESARS ENTMT CORP	$291,000	–	37,868	–	0.10%	–
PEP	New	PEPSICO INC	$281,000	–	2,650	–	0.09%	–
VZ	New	VERIZON COMMUNICATIONS INC	$281,000	–	5,031	–	0.09%	–
ORLY	New	O REILLY AUTOMOTIVE INC NEW	$271,000	–	1,000	–	0.09%	–
FEZ	New	SPDR INDEX SHS FDSeuro stoxx 50	$268,000	–	8,600	–	0.09%	–
LBTYK	New	LIBERTY GLOBAL PLC	$229,000	–	7,976	–	0.08%	–
MS	New	MORGAN STANLEY	$226,000	–	8,700	–	0.07%	–
KO	New	COCA COLA CO	$219,000	–	4,824	–	0.07%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$211,000	–	1,966	–	0.07%	–
MDLZ	New	MONDELEZ INTL INCcl a	$209,000	–	4,600	–	0.07%	–
SHW	New	SHERWIN WILLIAMS CO	$206,000	–	700	–	0.07%	–
AWP	New	ALPINE GLOBAL PREMIER PPTYS	$180,000	–	32,872	–	0.06%	–
CHMA	New	CHIASMA INC	$156,000	–	54,131	–	0.05%	–
NLY	New	ANNALY CAP MGMT INC	$122,000	–	11,057	–	0.04%	–
BGY	New	BLACKROCK INTL GRWTH & INC T	$107,000	–	18,590	–	0.04%	–
VBLT	New	VASCULAR BIOGENICS LTD	$51,000	–	11,050	–	0.02%	–
EYES	New	SECOND SIGHT MED PRODS INC	$50,000	–	14,100	–	0.02%	–

Q4 2015

			Value		Shares		↓ Weighting
EYES	Exit	SECOND SIGHT MED PRODS INC	$0	–	-14,100	–	-0.03%	–
VBLT	Exit	VASCULAR BIOGENICS LTD	$0	–	-11,050	–	-0.03%	–
NLY	Exit	ANNALY CAP MGMT INC	$0	–	-10,403	–	-0.04%	–
BGY	Exit	BLACKROCK INTL GRWTH & INC T	$0	–	-18,590	–	-0.04%	–
AWP	Exit	ALPINE GLOBAL PREMIER PPTYS	$0	–	-32,872	–	-0.06%	–
KO	Exit	COCA COLA CO	$0	–	-5,224	–	-0.07%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-5,031	–	-0.07%	–
CZR	Exit	CAESARS ENTMT CORP	$0	–	-37,868	–	-0.08%	–
SIG	Exit	SIGNET JEWELERS LIMITED	$0	–	-1,700	–	-0.08%	–
MTG	Exit	MGIC INVT CORP WIS	$0	–	-25,155	–	-0.08%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC NEW	$0	–	-1,000	–	-0.08%	–
UBA	Exit	URSTADT BIDDLE PPTYS INCcl a	$0	–	-13,401	–	-0.08%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-2,100	–	-0.09%	–
PEP	Exit	PEPSICO INC	$0	–	-2,800	–	-0.09%	–
ECL	Exit	ECOLAB INC	$0	–	-2,500	–	-0.09%	–
MS	Exit	MORGAN STANLEY	$0	–	-8,700	–	-0.09%	–
WFM	Exit	WHOLE FOODS MKT INC	$0	–	-9,174	–	-0.10%	–
FEZ	Exit	SPDR INDEX SHS FDSeuro stoxx 50	$0	–	-8,600	–	-0.10%	–
DBEF	Exit	DBX ETF TRxtrak msci eafe	$0	–	-11,779	–	-0.10%	–
LBTYK	Exit	LIBERTY GLOBAL PLC	$0	–	-7,976	–	-0.11%	–
CII	Exit	BLACKROCK ENH CAP & INC FD I	$0	–	-25,836	–	-0.11%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-10,356	–	-0.12%	–
AON	Exit	AON PLC	$0	–	-3,900	–	-0.12%	–
CMCSK	Exit	COMCAST CORP NEWcl a spl	$0	–	-6,100	–	-0.12%	–
EWJ	Exit	ISHARESmsci japan etf	$0	–	-31,500	–	-0.12%	–
REM	Exit	ISHARES TRmrg rl es cp etf	$0	–	-40,000	–	-0.13%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-6,196	–	-0.14%	–
BSF	Exit	BEAR ST FINL INC	$0	–	-48,305	–	-0.14%	–
FOF	Exit	COHEN & STEERS CLOSED END OP	$0	–	-46,780	–	-0.17%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-7,863	–	-0.17%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-4,900	–	-0.19%	–
QIHU	Exit	QIHOO 360 TECHNOLOGY CO LTDads	$0	–	-12,074	–	-0.20%	–
ORCL	Exit	ORACLE CORP	$0	–	-16,100	–	-0.20%	–
KMIWS	Exit	KINDER MORGAN INC DEL*w exp 05/25/201	$0	–	-635,710	–	-0.20%	–
JCI	Exit	JOHNSON CTLS INC	$0	–	-15,556	–	-0.22%	–
HEDJ	Exit	WISDOMTREE TReurope hedged eq	$0	–	-12,050	–	-0.22%	–
CERS	Exit	CERUS CORP	$0	–	-146,252	–	-0.22%	–
DXJ	Exit	WISDOMTREE TRjapn hedge eqt	$0	–	-13,912	–	-0.23%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-17,206	–	-0.23%	–
DBEU	Exit	DBX ETF TRdb xtr msci eur	$0	–	-28,000	–	-0.24%	–
AMJ	Exit	JPMORGAN CHASE & COalerian ml etn	$0	–	-24,122	–	-0.25%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-3,146	–	-0.26%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-17,084	–	-0.27%	–
EXG	Exit	EATON VANCE TAX MNGD GBL DV	$0	–	-97,603	–	-0.27%	–
IWB	Exit	ISHARES TRrus 1000 etf	$0	–	-7,708	–	-0.28%	–
VOD	Exit	VODAFONE GROUP PLC NEWspnsr adr no par	$0	–	-28,144	–	-0.30%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-26,510	–	-0.32%	–
OEF	Exit	ISHARES TRs&p 100 etf	$0	–	-11,120	–	-0.32%	–
CB	Exit	CHUBB CORP	$0	–	-7,685	–	-0.32%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DELcl b new	$0	–	-7,441	–	-0.33%	–
IWF	Exit	ISHARES TRrus 1000 grw etf	$0	–	-11,350	–	-0.36%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-6,214	–	-0.36%	–
CSG	Exit	CHAMBERS STR PPTYS	$0	–	-166,372	–	-0.36%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-23,065	–	-0.39%	–
HASI	Exit	HANNON ARMSTRONG SUST INFR C	$0	–	-74,348	–	-0.43%	–
INTC	Exit	INTEL CORP	$0	–	-44,294	–	-0.45%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-18,900	–	-0.46%	–
T	Exit	AT&T INC	$0	–	-42,039	–	-0.46%	–
TCRD	Exit	THL CR INC	$0	–	-138,274	–	-0.51%	–
BAC	Exit	BANK AMER CORP	$0	–	-102,625	–	-0.54%	–
GOOG	Exit	GOOGLE INCcl c	$0	–	-2,762	–	-0.57%	–
BTI	Exit	BRITISH AMERN TOB PLCsponsored adr	$0	–	-19,582	–	-0.73%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-19,904	–	-0.73%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC	$0	–	-19,286	–	-0.80%	–
GOOGL	Exit	GOOGLE INCcl a	$0	–	-3,706	–	-0.80%	–
WPG	Exit	WP GLIMCHER IN	$0	–	-205,395	–	-0.81%	–
EQC	Exit	EQUITY COMWLTH	$0	–	-90,200	–	-0.83%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-91,260	–	-0.87%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO	$0	–	-49,700	–	-0.99%	–
CSCO	Exit	CISCO SYS INC	$0	–	-119,954	–	-1.06%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-58,200	–	-1.07%	–
KMX	Exit	CARMAX INC	$0	–	-53,882	–	-1.08%	–
CBLAQ	Exit	CBL & ASSOC PPTYS INC	$0	–	-248,085	–	-1.15%	–
AAPL	Exit	APPLE INC	$0	–	-31,198	–	-1.16%	–
AZN	Exit	ASTRAZENECA PLCsponsored adr	$0	–	-108,400	–	-1.16%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-83,996	–	-1.26%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR O	$0	–	-363,284	–	-1.31%	–
VT	Exit	VANGUARD INTL EQUITY INDEX Ftt wrld st etf	$0	–	-89,145	–	-1.66%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OP	$0	–	-358,192	–	-1.72%	–
GE	Exit	GENERAL ELECTRIC CO	$0	–	-212,172	–	-1.81%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-32	–	-2.11%	–
EFA	Exit	ISHARES TRmsci eafe etf	$0	–	-119,955	–	-2.32%	–
IWV	Exit	ISHARES TRrussell 3000 etf	$0	–	-70,499	–	-2.71%	–
RAI	Exit	REYNOLDS AMERICAN INC	$0	–	-231,488	–	-3.46%	–
DVY	Exit	ISHARES TRselect divid etf	$0	–	-402,176	–	-9.88%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-312,579	–	-20.22%	–
SPG	Exit	SIMON PPTY GROUP INC NEW	$0	–	-411,002	–	-25.49%	–

Q3 2015

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$59,900,000	+13.9%	312,579	+22.4%	20.22%	+21.1%
DVY	Sell	ISHARES TRselect divid etf	$29,258,000	-27.0%	402,176	-24.6%	9.88%	-22.4%
RAI	Buy	REYNOLDS AMERICAN INC	$10,248,000	+18.6%	231,488	+100.0%	3.46%	+26.0%
IWV	Sell	ISHARES TRrussell 3000 etf	$8,029,000	-12.3%	70,499	-4.5%	2.71%	-6.8%
EFA	Sell	ISHARES TRmsci eafe etf	$6,876,000	-43.4%	119,955	-37.4%	2.32%	-39.9%
BRKA	Sell	BERKSHIRE HATHAWAY INC DELcl a	$6,248,000	-27.4%	32	-23.8%	2.11%	-22.9%
GE	Sell	GENERAL ELECTRIC CO	$5,351,000	-5.6%	212,172	-0.6%	1.81%	+0.2%
ETV	Buy	EATON VANCE TX MNG BY WRT OP	$5,086,000	+19.9%	358,192	+25.2%	1.72%	+27.4%
ETW	Buy	EATON VANCE TXMGD GL BUYWR O	$3,884,000	+4.9%	363,284	+15.8%	1.31%	+11.4%
MSFT	Sell	MICROSOFT CORP	$3,718,000	-3.2%	83,996	-3.4%	1.26%	+2.9%
AZN	Buy	ASTRAZENECA PLCsponsored adr	$3,449,000	-0.1%	108,400	+100.0%	1.16%	+6.1%
AAPL	Buy	APPLE INC	$3,441,000	+8.6%	31,198	+23.5%	1.16%	+15.4%
KMX	Buy	CARMAX INC	$3,196,000	-6.0%	53,882	+4.9%	1.08%	-0.1%
CSCO	Sell	CISCO SYS INC	$3,149,000	-4.9%	119,954	-0.5%	1.06%	+1.0%
IDV	Sell	ISHARES TRintl sel div etf	$2,567,000	-26.2%	91,260	-15.2%	0.87%	-21.5%
TMO	Sell	THERMO FISHER SCIENTIFIC INC	$2,358,000	-10.9%	19,286	-5.4%	0.80%	-5.2%
IWM	Buy	ISHARES TRrussell 2000 etf	$2,174,000	-12.5%	19,904	+0.0%	0.73%	-7.1%
TCRD	Buy	THL CR INC	$1,510,000	+19.1%	138,274	+26.0%	0.51%	+26.6%
T	Sell	AT&T INC	$1,370,000	-10.9%	42,039	-2.9%	0.46%	-5.3%
INTC	Sell	INTEL CORP	$1,335,000	-3.3%	44,294	-2.3%	0.45%	+3.0%
LULU	Buy	LULULEMON ATHLETICA INC	$1,168,000	-9.7%	23,065	+16.5%	0.39%	-4.1%
GS	Sell	GOLDMAN SACHS GROUP INC	$1,080,000	-18.6%	6,214	-2.2%	0.36%	-13.5%
BRKB	Sell	BERKSHIRE HATHAWAY INC DELcl b new	$970,000	-8.7%	7,441	-4.7%	0.33%	-3.0%
CB	Sell	CHUBB CORP	$943,000	+19.5%	7,685	-7.3%	0.32%	+26.7%
IWB	Buy	ISHARES TRrus 1000 etf	$825,000	-7.7%	7,708	+0.1%	0.28%	-1.8%
EXG	Buy	EATON VANCE TAX MNGD GBL DV	$810,000	-14.1%	97,603	+0.2%	0.27%	-9.0%
AMJ	Sell	JPMORGAN CHASE & COalerian ml etn	$733,000	-36.9%	24,122	-17.8%	0.25%	-33.1%
DBEU	New	DBX ETF TRdb xtr msci eur	$700,000	–	28,000	–	0.24%	–
XLK	Buy	SELECT SECTOR SPDR TRtechnology	$680,000	-4.4%	17,206	+0.1%	0.23%	+1.8%
DXJ	Sell	WISDOMTREE TRjapn hedge eqt	$677,000	-24.9%	13,912	-11.8%	0.23%	-20.2%
CERS	Sell	CERUS CORP	$664,000	-67.1%	146,252	-62.4%	0.22%	-65.1%
HEDJ	Buy	WISDOMTREE TReurope hedged eq	$659,000	+2.8%	12,050	+15.9%	0.22%	+8.8%
JCI	Buy	JOHNSON CTLS INC	$643,000	-16.2%	15,556	+0.5%	0.22%	-11.1%
KMIWS	Buy	KINDER MORGAN INC DEL*w exp 05/25/201	$585,000	-63.4%	635,710	+7.4%	0.20%	-61.2%
ORCL	Sell	ORACLE CORP	$582,000	-15.9%	16,100	-6.2%	0.20%	-10.9%
CAT	Buy	CATERPILLAR INC DEL	$514,000	-22.1%	7,863	+1.0%	0.17%	-17.1%
WMT	Sell	WAL-MART STORES INC	$402,000	-8.6%	6,196	-0.1%	0.14%	-2.9%
CMCSK	Sell	COMCAST CORP NEWcl a spl	$349,000	-32.6%	6,100	-29.5%	0.12%	-28.5%
AON	Sell	AON PLC	$346,000	-48.2%	3,900	-41.8%	0.12%	-44.8%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$343,000	-35.9%	10,356	-20.9%	0.12%	-31.8%
LBTYK	Sell	LIBERTY GLOBAL PLC	$327,000	-50.9%	7,976	-39.4%	0.11%	-48.1%
DBEF	New	DBX ETF TRxtrak msci eafe	$307,000	–	11,779	–	0.10%	–
MS	Sell	MORGAN STANLEY	$274,000	-51.9%	8,700	-40.8%	0.09%	-49.2%
ECL	Sell	ECOLAB INC	$274,000	-46.2%	2,500	-44.4%	0.09%	-43.2%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$263,000	-37.1%	2,100	-41.7%	0.09%	-33.1%
PEP	Sell	PEPSICO INC	$264,000	-32.7%	2,800	-33.3%	0.09%	-28.8%
KO	Sell	COCA COLA CO	$210,000	-37.9%	5,224	-39.4%	0.07%	-33.6%
NLY	Buy	ANNALY CAP MGMT INC	$103,000	+10.8%	10,403	+3.1%	0.04%	+16.7%
TWI	Exit	TITAN INTL INC ILL COM	$0	–	-13,000	–	-0.04%	–
WSM	Exit	WILLIAMS SONOMA INC COM	$0	–	-2,500	–	-0.06%	–
LBTYA	Exit	LIBERTY GLOBAL PLC SHS CL Aadr	$0	–	-4,068	–	-0.07%	–
CBI	Exit	CHICAGO BRIDGE & IRON CO N V N	$0	–	-4,612	–	-0.07%	–
MSM	Exit	MSC INDL DIRECT INC CL A	$0	–	-3,440	–	-0.08%	–
L	Exit	LOEWS CORP COM	$0	–	-6,300	–	-0.08%	–
PSA	Exit	PUBLIC STORAGE COMre	$0	–	-1,333	–	-0.08%	–
NBL	Exit	NOBLE ENERGY INC COM	$0	–	-5,800	–	-0.08%	–
MMM	Exit	3M CO COM	$0	–	-1,700	–	-0.08%	–
PX	Exit	PRAXAIR INC COM	$0	–	-2,600	–	-0.10%	–
MNTA	Exit	MOMENTA PHARMACEUTICALS INC CO	$0	–	-14,100	–	-0.10%	–
MDLZ	Exit	MONDELEZ INTL INC CL A	$0	–	-7,900	–	-0.10%	–
FOXA	Exit	TWENTY FIRST CENTY FOX INC CL	$0	–	-11,900	–	-0.12%	–
HEFA	Exit	ISHARES TR HDG MSCI EAFEff	$0	–	-16,300	–	-0.14%	–

Q2 2015

			Value		Shares		↓ Weighting
SPG	New	SIMON PPTY GROUP INC NEW COMre	$71,111,000	–	411,002	–	22.60%	–
SPY	New	SPDR S&P 500 ETF TR TR UNITfu	$52,572,000	–	255,389	–	16.70%	–
DVY	New	ISHARES SELECT DIVIDENDfu	$40,072,000	–	533,230	–	12.73%	–
EFA	New	ISHARES MSCI EAFE ETFff	$12,159,000	–	191,503	–	3.86%	–
IWV	New	ISHARES RUSSELL 3000 ETFfu	$9,154,000	–	73,838	–	2.91%	–
RAI	New	REYNOLDS AMERICAN INC COM	$8,641,000	–	115,744	–	2.75%	–
BRKA	New	BERKSHIRE HATHAWAY INC DEL CL	$8,604,000	–	42	–	2.73%	–
GE	New	GENERAL ELECTRIC CO COM	$5,671,000	–	213,448	–	1.80%	–
VT	New	Vanguard Total World Stock ETFadr	$5,484,000	–	89,145	–	1.74%	–
ETV	New	EATON VANCE TX MNG BY WRT OPPfu	$4,242,000	–	286,035	–	1.35%	–
CBLAQ	New	CBL & ASSOC PPTYS INC COMre	$4,019,000	–	248,085	–	1.28%	–
MSFT	New	MICROSOFT CORP COM	$3,840,000	–	86,979	–	1.22%	–
ETW	New	EATON VANCE TXMGD GL BUYWR OPPff	$3,703,000	–	313,584	–	1.18%	–
IDV	New	ISHARES INTL SEL DIVff	$3,479,000	–	107,612	–	1.10%	–
AZN	New	ASTRAZENECA PLC SPONSORED ADRadr	$3,453,000	–	54,200	–	1.10%	–
KMX	New	CARMAX INC COM	$3,399,000	–	51,342	–	1.08%	–
CSCO	New	CISCO SYS INC COM	$3,310,000	–	120,554	–	1.05%	–
BMY	New	BRISTOL MYERS SQUIBB CO COM	$3,307,000	–	49,700	–	1.05%	–
AAPL	New	APPLE INC COM	$3,168,000	–	25,259	–	1.01%	–
MO	New	ALTRIA GROUP INC COM	$2,847,000	–	58,200	–	0.90%	–
WPG	New	WP GLIMCHER IN COMre	$2,779,000	–	205,395	–	0.88%	–
TMO	New	THERMO FISHER SCIENTIFIC INC C	$2,645,000	–	20,386	–	0.84%	–
IWM	New	ISHARES RUSSELL 2000 ETFfu	$2,485,000	–	19,899	–	0.79%	–
EQC	New	EQUITY COMWLTH COM SH BEN INTre	$2,315,000	–	90,200	–	0.74%	–
BTI	New	BRITISH AMERN TOB PLC SPONSOREadr	$2,120,000	–	19,582	–	0.67%	–
CERS	New	CERUS CORP COM	$2,018,000	–	388,876	–	0.64%	–
GOOGL	New	GOOGLE INC CL A	$2,001,000	–	3,706	–	0.64%	–
BAC	New	BANK OF AMERICA CORPORATION CO	$1,747,000	–	102,625	–	0.56%	–
KMIWS	New	KINDER MORGAN INC DEL WT EXP 0wt	$1,599,000	–	592,070	–	0.51%	–
T	New	AT&T INC COM	$1,537,000	–	43,280	–	0.49%	–
HASI	New	HANNON ARMSTRONG SUSTAINABLE Ire	$1,491,000	–	74,348	–	0.47%	–
GOOG	New	GOOGLE INC CL C	$1,438,000	–	2,762	–	0.46%	–
INTC	New	INTEL CORP COM	$1,380,000	–	45,359	–	0.44%	–
DUK	New	DUKE ENERGY CORP NEW COM NEW	$1,335,000	–	18,900	–	0.42%	–
GS	New	GOLDMAN SACHS GROUP INC COM	$1,327,000	–	6,355	–	0.42%	–
CSG	New	CHAMBERS STREET PROPERTIESre	$1,323,000	–	166,372	–	0.42%	–
LULU	New	LULULEMON ATHLETICA INC COMadr	$1,293,000	–	19,797	–	0.41%	–
TCRD	New	THL CR INC COM	$1,268,000	–	109,774	–	0.40%	–
AMJ	New	JPMORGAN CHASE & CO ALERIAN MLltd	$1,162,000	–	29,342	–	0.37%	–
IWF	New	ISHARES RUS 1000 GROWTHfu	$1,124,000	–	11,350	–	0.36%	–
BRKB	New	BERKSHIRE HATHAWAY INC DEL CL	$1,062,000	–	7,804	–	0.34%	–
VOD	New	VODAFONE GROUP PLC NEW SPNSR Aadr	$1,026,000	–	28,144	–	0.33%	–
OEF	New	iShares S&P 100 ETF	$1,010,000	–	11,120	–	0.32%	–
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$981,000	–	26,510	–	0.31%	–
EXG	New	EATON VANCE TAX MNGD GBL DV EQff	$943,000	–	97,363	–	0.30%	–
DXJ	New	WISDOMTREE TR JAPN HEDGE EQTadr	$902,000	–	15,773	–	0.29%	–
IWB	New	ISHARES RUS 1000fu	$894,000	–	7,704	–	0.28%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UTSfu	$859,000	–	3,146	–	0.27%	–
QIHU	New	QIHOO 360 TECHNOLOGY CO LTD ADadr	$817,000	–	12,074	–	0.26%	–
XLP	New	SELECT SECTOR SPDR TR SBI CONSfu	$813,000	–	17,084	–	0.26%	–
CB	New	CHUBB CORP COM	$789,000	–	8,293	–	0.25%	–
JCI	New	JOHNSON CTLS INC COM	$767,000	–	15,477	–	0.24%	–
XLK	New	SELECT SECTOR SPDR TR TECHNOLO	$711,000	–	17,181	–	0.23%	–
ORCL	New	ORACLE CORP COM	$692,000	–	17,167	–	0.22%	–
AON	New	AON PLC SHS CL Aadr	$668,000	–	6,700	–	0.21%	–
LBTYK	New	LIBERTY GLOBAL PLC SHS CL Cadr	$666,000	–	13,152	–	0.21%	–
CAT	New	CATERPILLAR INC DEL COM	$660,000	–	7,787	–	0.21%	–
HEDJ	New	WISDOMTREE TR EUROPE HEDGED EQff	$641,000	–	10,400	–	0.20%	–
UNH	New	UNITEDHEALTH GROUP INC COM	$598,000	–	4,900	–	0.19%	–
MS	New	MORGAN STANLEY COM NEW	$570,000	–	14,700	–	0.18%	–
FOF	New	COHEN & STEERS CLOSED END OPPOfu	$566,000	–	46,780	–	0.18%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDff	$535,000	–	13,098	–	0.17%	–
CMCSK	New	COMCAST CORP NEW CL A SPL	$518,000	–	8,650	–	0.16%	–
ECL	New	ECOLAB INC COM	$509,000	–	4,500	–	0.16%	–
BSF	New	BEAR ST FINL INC COM	$451,000	–	48,305	–	0.14%	–
HEFA	New	ISHARES TR HDG MSCI EAFEff	$445,000	–	16,300	–	0.14%	–
WMT	New	WAL-MART STORES INC COM	$440,000	–	6,205	–	0.14%	–
REM	New	ISHARES MRG RL ES CP ETFfr	$423,000	–	40,000	–	0.13%	–
STZ	New	CONSTELLATION BRANDS INC CL A	$418,000	–	3,600	–	0.13%	–
EWJ	New	ISHARES INC MSCI JAPANff	$404,000	–	31,500	–	0.13%	–
PEP	New	PEPSICO INC COM	$392,000	–	4,200	–	0.12%	–
FOXA	New	TWENTY FIRST CENTY FOX INC CL	$387,000	–	11,900	–	0.12%	–
CII	New	BLACKROCK ENH CAP & INC FD INC	$379,000	–	25,836	–	0.12%	–
WFM	New	WHOLE FOODS MKT INC COM	$362,000	–	9,174	–	0.12%	–
KO	New	COCA COLA CO COM	$338,000	–	8,624	–	0.11%	–
MDLZ	New	MONDELEZ INTL INC CL A	$325,000	–	7,900	–	0.10%	–
FEZ	New	SPDR INDEX SHS FDS EURO STOXXff	$322,000	–	8,600	–	0.10%	–
MNTA	New	MOMENTA PHARMACEUTICALS INC CO	$322,000	–	14,100	–	0.10%	–
PX	New	PRAXAIR INC COM	$311,000	–	2,600	–	0.10%	–
MTG	New	MGIC INVT CORP WIS COM	$286,000	–	25,155	–	0.09%	–
MMM	New	3M CO COM	$262,000	–	1,700	–	0.08%	–
NBL	New	NOBLE ENERGY INC COM	$248,000	–	5,800	–	0.08%	–
UBA	New	URSTADT BIDDLE PPTYS INC CL Are	$250,000	–	13,401	–	0.08%	–
PSA	New	PUBLIC STORAGE COMre	$246,000	–	1,333	–	0.08%	–
L	New	LOEWS CORP COM	$243,000	–	6,300	–	0.08%	–
MSM	New	MSC INDL DIRECT INC CL A	$240,000	–	3,440	–	0.08%	–
VZ	New	VERIZON COMMUNICATIONS INC COM	$234,000	–	5,031	–	0.07%	–
CZR	New	CAESARS ENTMT CORP COM	$232,000	–	37,868	–	0.07%	–
CBI	New	CHICAGO BRIDGE & IRON CO N V N	$231,000	–	4,612	–	0.07%	–
ORLY	New	O REILLY AUTOMOTIVE INC COM	$226,000	–	1,000	–	0.07%	–
LBTYA	New	LIBERTY GLOBAL PLC SHS CL Aadr	$220,000	–	4,068	–	0.07%	–
SIG	New	SIGNET JEWELERS LIMITED SHSadr	$218,000	–	1,700	–	0.07%	–
AWP	New	ALPINE GLOBAL PREMIER PPTYS FDre	$213,000	–	32,872	–	0.07%	–
WSM	New	WILLIAMS SONOMA INC COM	$206,000	–	2,500	–	0.06%	–
EYES	New	SECOND SIGHT MED PRODS INC COM	$192,000	–	14,100	–	0.06%	–
TWI	New	TITAN INTL INC ILL COM	$140,000	–	13,000	–	0.04%	–
BGY	New	BLACKROCK INTL GRWTH & INC TRff	$136,000	–	18,590	–	0.04%	–
NLY	New	ANNALY CAP MGMT INC COMre	$93,000	–	10,094	–	0.03%	–
VBLT	New	VASCULAR BIOGENICS LTD COMadr	$68,000	–	11,050	–	0.02%	–

Q4 2014

			Value		Shares		↓ Weighting
BGY	Exit	BLACKROCK INTL GRWTH & INC TRff	$0	–	-18,590	–	-0.04%	–
MNTA	Exit	MOMENTA PHARMACEUTICALS INC CO	$0	–	-14,100	–	-0.05%	–
MTG	Exit	MGIC INVT CORP WIS COM	$0	–	-25,155	–	-0.06%	–
MMP	Exit	MAGELLAN MIDSTREAM PRTNRS LP C	$0	–	-2,375	–	-0.06%	–
WAB	Exit	WABTEC CORP COM	$0	–	-2,592	–	-0.06%	–
PKI	Exit	PERKINELMER INC COM	$0	–	-4,855	–	-0.06%	–
GNRC	Exit	GENERAC HLDGS INC COM	$0	–	-5,300	–	-0.06%	–
AWP	Exit	ALPINE GLOBAL PREMIER PPTYS FDre	$0	–	-32,872	–	-0.07%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO CAL	$0	–	-4,607	–	-0.07%	–
AME	Exit	AMETEK INC NEW COM	$0	–	-4,738	–	-0.07%	–
EWP	Exit	ISHARES MSCI SPAIN CAPPEDff	$0	–	-6,100	–	-0.07%	–
CBRE	Exit	CBRE GROUP INC CL Are	$0	–	-8,105	–	-0.07%	–
MMM	Exit	3M CO COM	$0	–	-1,758	–	-0.07%	–
L	Exit	LOEWS CORP COM	$0	–	-6,300	–	-0.08%	–
ARG	Exit	AIRGAS INC COM	$0	–	-2,412	–	-0.08%	–
PAYX	Exit	PAYCHEX INC COM	$0	–	-6,121	–	-0.08%	–
MDLZ	Exit	MONDELEZ INTL INC CL A	$0	–	-7,900	–	-0.08%	–
UBA	Exit	URSTADT BIDDLE PPTYS INC CL Are	$0	–	-13,401	–	-0.08%	–
WIN	Exit	WINDSTREAM HLDGS INC COM	$0	–	-26,318	–	-0.08%	–
MSM	Exit	MSC INDL DIRECT INC CL A	$0	–	-3,440	–	-0.09%	–
HEDJ	Exit	WISDOMTREE TR EUROPE HEDGED EQff	$0	–	-5,100	–	-0.09%	–
F	Exit	FORD MTR CO DEL COM PAR $0.01	$0	–	-20,000	–	-0.09%	–
SNI	Exit	SCRIPPS NETWORKS INTERACT INC	$0	–	-3,839	–	-0.09%	–
MHK	Exit	MOHAWK INDS INC COM	$0	–	-2,290	–	-0.09%	–
STZ	Exit	CONSTELLATION BRANDS INC CL A	$0	–	-3,600	–	-0.09%	–
JNJ	Exit	JOHNSON & JOHNSON COM	$0	–	-3,006	–	-0.09%	–
PX	Exit	PRAXAIR INC COM	$0	–	-2,629	–	-0.10%	–
GRMN	Exit	GARMIN LTD SHSadr	$0	–	-6,527	–	-0.10%	–
TDG	Exit	TRANSDIGM GROUP INC COM	$0	–	-1,834	–	-0.10%	–
WWW	Exit	WOLVERINE WORLD WIDE INC COM	$0	–	-13,718	–	-0.10%	–
IHS	Exit	IHS INC CL A	$0	–	-2,756	–	-0.10%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS C	$0	–	-1,899	–	-0.11%	–
MKL	Exit	MARKEL CORP COM	$0	–	-568	–	-0.11%	–
KO	Exit	COCA COLA CO COM	$0	–	-8,846	–	-0.11%	–
APH	Exit	AMPHENOL CORP NEW CL A	$0	–	-3,814	–	-0.11%	–
CII	Exit	BLACKROCK ENH CAP & INC FD INC	$0	–	-25,836	–	-0.11%	–
EWJ	Exit	ISHARES INC MSCI JAPANff	$0	–	-33,700	–	-0.12%	–
PLL	Exit	PALL CORP COM	$0	–	-4,785	–	-0.12%	–
NBL	Exit	NOBLE ENERGY INC COM	$0	–	-5,850	–	-0.12%	–
FOXA	Exit	TWENTY FIRST CENTY FOX INC CL	$0	–	-11,900	–	-0.12%	–
PEP	Exit	PEPSICO INC COM	$0	–	-4,357	–	-0.12%	–
WFM	Exit	WHOLE FOODS MKT INC COM	$0	–	-10,774	–	-0.12%	–
SIAL	Exit	SIGMA ALDRICH CORP COM	$0	–	-3,077	–	-0.12%	–
UNH	Exit	UNITEDHEALTH GROUP INC COM	$0	–	-4,900	–	-0.12%	–
XRAY	Exit	DENTSPLY INTL INC NEW COM	$0	–	-9,308	–	-0.12%	–
ET	Exit	ENERGY TRANSFER EQUITY L P COMltd	$0	–	-6,950	–	-0.13%	–
SHW	Exit	SHERWIN WILLIAMS CO COM	$0	–	-2,090	–	-0.14%	–
HOG	Exit	HARLEY DAVIDSON INC COM	$0	–	-8,036	–	-0.14%	–
REM	Exit	ISHARES MRG RL ES CP ETFfr	$0	–	-40,000	–	-0.14%	–
WMT	Exit	WAL-MART STORES INC COM	$0	–	-6,167	–	-0.14%	–
FEZ	Exit	SPDR INDEX SHS FDS EURO STOXXff	$0	–	-12,400	–	-0.14%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L Pltd	$0	–	-12,175	–	-0.14%	–
ECL	Exit	ECOLAB INC COM	$0	–	-4,500	–	-0.15%	–
MS	Exit	MORGAN STANLEY COM NEW	$0	–	-15,061	–	-0.15%	–
WSM	Exit	WILLIAMS SONOMA INC COM	$0	–	-7,805	–	-0.15%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC COM	$0	–	-3,489	–	-0.16%	–
LBTYK	Exit	LIBERTY GLOBAL PLC SHS CL Cadr	$0	–	-13,152	–	-0.16%	–
IPG	Exit	INTERPUBLIC GROUP COS INC COM	$0	–	-29,500	–	-0.16%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC CL Are	$0	–	-12,100	–	-0.16%	–
AON	Exit	AON PLC SHS CL Aadr	$0	–	-6,700	–	-0.17%	–
FOF	Exit	COHEN & STEERS CLOSED END OPPOfu	$0	–	-46,780	–	-0.18%	–
ORCL	Exit	ORACLE CORP COM	$0	–	-16,100	–	-0.18%	–
IWF	Exit	ISHARES RUS 1000 GROWTHfu	$0	–	-6,800	–	-0.18%	–
KEX	Exit	KIRBY CORP COM	$0	–	-5,296	–	-0.18%	–
SIG	Exit	SIGNET JEWELERS LIMITED SHSadr	$0	–	-5,474	–	-0.18%	–
GPRO	Exit	GOPRO INC CL A	$0	–	-6,755	–	-0.19%	–
CB	Exit	CHUBB CORP COM	$0	–	-7,528	–	-0.20%	–
JCI	Exit	JOHNSON CTLS INC COM	$0	–	-15,640	–	-0.20%	–
VZ	Exit	VERIZON COMMUNICATIONS INC COM	$0	–	-14,517	–	-0.21%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL IN	$0	–	-26,377	–	-0.22%	–
CAT	Exit	CATERPILLAR INC DEL COM	$0	–	-7,531	–	-0.22%	–
OEF	Exit	ISHARES S&P 100 ETF	$0	–	-8,920	–	-0.23%	–
QIHU	Exit	QIHOO 360 TECHNOLOGY CO LTD ADadr	$0	–	-12,074	–	-0.24%	–
LULU	Exit	LULULEMON ATHLETICA INC COMadr	$0	–	-19,797	–	-0.24%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DEL CL	$0	–	-6,540	–	-0.27%	–
XLP	Exit	SELECT SECTOR SPDR TR SBI CONSfu	$0	–	-20,104	–	-0.27%	–
VOD	Exit	VODAFONE GROUP PLC NEW SPNSR Aadr	$0	–	-28,144	–	-0.27%	–
EXG	Exit	EATON VANCE TAX MNGD GBL DV EQff	$0	–	-96,698	–	-0.29%	–
HASI	Exit	HANNON ARMSTRONG SUSTAINABLE Ire	$0	–	-74,348	–	-0.30%	–
GS	Exit	GOLDMAN SACHS GROUP INC COM	$0	–	-6,214	–	-0.34%	–
IWB	Exit	ISHARES RUS 1000fu	$0	–	-10,835	–	-0.35%	–
AMJ	Exit	JPMORGAN CHASE & CO ALERIAN MLfr	$0	–	-23,512	–	-0.37%	–
XLK	Exit	SELECT SECTOR SPDR TR TECHNOLO	$0	–	-33,668	–	-0.40%	–
CMCSK	Exit	COMCAST CORP NEW CL A SPL	$0	–	-25,900	–	-0.41%	–
TCRD	Exit	THL CR INC COM	$0	–	-109,774	–	-0.42%	–
DUK	Exit	DUKE ENERGY CORP NEW COM NEW	$0	–	-19,144	–	-0.42%	–
CERS	Exit	CERUS CORP COM	$0	–	-388,876	–	-0.46%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TR UTSfu	$0	–	-6,896	–	-0.51%	–
PETM	Exit	PETSMART INC COM	$0	–	-25,611	–	-0.53%	–
INTC	Exit	INTEL CORP COM	$0	–	-53,641	–	-0.55%	–
KMIWS	Exit	KINDER MORGAN INC DEL WT EXP 0wt	$0	–	-594,470	–	-0.64%	–
BAC	Exit	BANK OF AMERICA CORPORATION CO	$0	–	-127,325	–	-0.64%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFfu	$0	–	-19,890	–	-0.64%	–
GUNR	Exit	FLEXSHARES TR MORNSTAR UPSTR Eff	$0	–	-63,370	–	-0.64%	–
GOOG	Exit	GOOGLE INC CL C	$0	–	-3,817	–	-0.65%	–
BTI	Exit	BRITISH AMERN TOB PLC SPONSOREadr	$0	–	-19,582	–	-0.65%	–
GOOGL	Exit	GOOGLE INC CL A	$0	–	-3,917	–	-0.68%	–
EQC	Exit	EQUITY COMWLTH COM SH BEN INTre	$0	–	-90,200	–	-0.68%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR OPPff	$0	–	-192,350	–	-0.69%	–
KMX	Exit	CARMAX INC COM	$0	–	-52,142	–	-0.71%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX FDff	$0	–	-58,509	–	-0.72%	–
DXJ	Exit	WISDOMTREE TR JAPN HEDGE EQTadr	$0	–	-47,233	–	-0.73%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC C	$0	–	-20,386	–	-0.73%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO COM	$0	–	-49,604	–	-0.75%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FD Fff	$0	–	-65,706	–	-0.77%	–
MO	Exit	ALTRIA GROUP INC COM	$0	–	-58,765	–	-0.80%	–
CSCO	Exit	CISCO SYS INC COM	$0	–	-120,838	–	-0.90%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OPPfu	$0	–	-223,035	–	-0.97%	–
IDV	Exit	ISHARES INTL SEL DIVff	$0	–	-95,966	–	-1.01%	–
WPG	Exit	WASHINGTON PRIME GROUP INC COMre	$0	–	-205,395	–	-1.06%	–
AZN	Exit	ASTRAZENECA PLC SPONSORED ADRadr	$0	–	-54,200	–	-1.14%	–
VT	Exit	Vanguard Total World Stock ETFadr	$0	–	-69,465	–	-1.24%	–
MSFT	Exit	MICROSOFT CORP COM	$0	–	-90,606	–	-1.24%	–
CBLAQ	Exit	CBL & ASSOC PPTYS INC COMre	$0	–	-248,085	–	-1.31%	–
T	Exit	AT&T INC COM	$0	–	-126,429	–	-1.31%	–
GE	Exit	GENERAL ELECTRIC CO COM	$0	–	-211,716	–	-1.60%	–
RAI	Exit	REYNOLDS AMERICAN INC COM	$0	–	-116,108	–	-2.02%	–
AAPL	Exit	APPLE INC COM	$0	–	-70,024	–	-2.08%	–
IWV	Exit	ISHARES RUSSELL 3000 ETFfu	$0	–	-69,670	–	-2.40%	–
CSG	Exit	CHAMBERS STREET PROPERTIESre	$0	–	-1,108,157	–	-2.46%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DEL CL	$0	–	-42	–	-2.56%	–
EFA	Exit	ISHARES MSCI EAFE ETFff	$0	–	-201,879	–	-3.81%	–
DVY	Exit	ISHARES SELECT DIVIDENDfu	$0	–	-561,790	–	-12.22%	–
SPY	Exit	SPDR S&P 500 ETF TR TR UNITfu	$0	–	-248,330	–	-14.41%	–
SPG	Exit	SIMON PPTY GROUP INC NEW COMre	$0	–	-411,002	–	-19.90%	–

Q3 2014

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TR TR UNITfu	$48,926,000	+1.2%	248,330	+0.6%	14.41%	-0.4%
DVY	Buy	ISHARES SELECT DIVIDENDfu	$41,494,000	+17.5%	561,790	+22.5%	12.22%	+15.6%
EFA	Buy	ISHARES MSCI EAFE ETFff	$12,944,000	-6.1%	201,879	+0.1%	3.81%	-7.6%
BRKA	Buy	BERKSHIRE HATHAWAY INC DEL CL	$8,690,000	+11.6%	42	+2.4%	2.56%	+9.8%
IWV	Sell	ISHARES RUSSELL 3000 ETFfu	$8,137,000	-38.6%	69,670	-38.1%	2.40%	-39.6%
AAPL	Buy	APPLE INC COM	$7,055,000	+9.9%	70,024	+1.4%	2.08%	+8.1%
GE	Buy	GENERAL ELECTRIC CO COM	$5,424,000	-1.5%	211,716	+1.0%	1.60%	-3.1%
T	Buy	AT&T INC COM	$4,455,000	-0.3%	126,429	+0.0%	1.31%	-1.9%
MSFT	Buy	MICROSOFT CORP COM	$4,200,000	+12.6%	90,606	+1.3%	1.24%	+10.8%
VT	New	Vanguard Total World Stock ETFadr	$4,194,000	–	69,465	–	1.24%	–
WPG	New	WASHINGTON PRIME GROUP INC COMre	$3,590,000	–	205,395	–	1.06%	–
IDV	Sell	ISHARES INTL SEL DIVff	$3,435,000	-21.8%	95,966	-12.8%	1.01%	-23.1%
ETV	Sell	EATON VANCE TX MNG BY WRT OPPfu	$3,308,000	-20.6%	223,035	-21.1%	0.97%	-22.0%
VEA	Buy	VANGUARD TAX MANAGED INTL FD Fff	$2,612,000	+10.1%	65,706	+18.0%	0.77%	+8.3%
DXJ	Buy	WISDOMTREE TR JAPN HEDGE EQTadr	$2,471,000	+7.5%	47,233	+1.5%	0.73%	+5.8%
VWO	Sell	VANGUARD INTL EQUITY INDEX FDff	$2,440,000	-65.2%	58,509	-64.0%	0.72%	-65.8%
EQC	New	EQUITY COMWLTH COM SH BEN INTre	$2,319,000	–	90,200	–	0.68%	–
GOOGL	Buy	GOOGLE INC CL A	$2,305,000	+609.2%	3,917	+604.5%	0.68%	+600.0%
GOOG	Buy	GOOGLE INC CL C	$2,204,000	+741.2%	3,817	+737.1%	0.65%	+732.1%
GUNR	New	FLEXSHARES TR MORNSTAR UPSTR Eff	$2,180,000	–	63,370	–	0.64%	–
IWM	Buy	ISHARES RUSSELL 2000 ETFfu	$2,175,000	-7.9%	19,890	+0.0%	0.64%	-9.5%
KMIWS	Buy	KINDER MORGAN INC DEL WT EXP 0wt	$2,164,000	+36.7%	594,470	+4.4%	0.64%	+34.4%
INTC	Buy	INTEL CORP COM	$1,868,000	+19.9%	53,641	+6.4%	0.55%	+18.0%
PETM	Buy	PETSMART INC COM	$1,795,000	+18.6%	25,611	+1.2%	0.53%	+16.8%
XLK	Sell	SELECT SECTOR SPDR TR TECHNOLO	$1,343,000	-7.1%	33,668	-10.7%	0.40%	-8.8%
AMJ	Buy	JPMORGAN CHASE & CO ALERIAN MLfr	$1,248,000	+13.5%	23,512	+11.9%	0.37%	+11.6%
BRKB	Buy	BERKSHIRE HATHAWAY INC DEL CL	$903,000	+16.5%	6,540	+6.9%	0.27%	+14.7%
LULU	Buy	LULULEMON ATHLETICA INC COMadr	$832,000	+13.7%	19,797	+9.5%	0.24%	+11.9%
QIHU	Buy	QIHOO 360 TECHNOLOGY CO LTD ADadr	$815,000	-24.7%	12,074	+2.7%	0.24%	-25.9%
CAT	Buy	CATERPILLAR INC DEL COM	$746,000	-1.6%	7,531	+8.0%	0.22%	-3.1%
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$732,000	–	26,377	–	0.22%	–
VZ	Buy	VERIZON COMMUNICATIONS INC COM	$726,000	+2.5%	14,517	+0.3%	0.21%	+0.9%
JCI	Buy	JOHNSON CTLS INC COM	$688,000	+28.4%	15,640	+45.6%	0.20%	+26.9%
CB	Buy	CHUBB CORP COM	$686,000	-0.6%	7,528	+0.5%	0.20%	-2.4%
GPRO	New	GOPRO INC CL A	$633,000	–	6,755	–	0.19%	–
FEZ	New	SPDR INDEX SHS FDS EURO STOXXff	$492,000	–	12,400	–	0.14%	–
EPD	New	ENTERPRISE PRODS PARTNERS L Pltd	$491,000	–	12,175	–	0.14%	–
WMT	Buy	WAL-MART STORES INC COM	$472,000	+2.2%	6,167	+0.1%	0.14%	+0.7%
ET	New	ENERGY TRANSFER EQUITY L P COMltd	$429,000	–	6,950	–	0.13%	–
KO	Buy	COCA COLA CO COM	$377,000	+1.9%	8,846	+1.2%	0.11%	0.0%
PX	Buy	PRAXAIR INC COM	$339,000	-2.3%	2,629	+0.6%	0.10%	-3.8%
JNJ	Buy	JOHNSON & JOHNSON COM	$320,000	+2.2%	3,006	+0.4%	0.09%	0.0%
HEDJ	New	WISDOMTREE TR EUROPE HEDGED EQff	$295,000	–	5,100	–	0.09%	–
MMP	New	MAGELLAN MIDSTREAM PRTNRS LP C	$200,000	–	2,375	–	0.06%	–
CWST	Exit	CASELLA WASTE SYSTEMS INC CLAS	$0	–	-15,000	–	-0.02%	–
APA	Exit	APACHE CORP COM	$0	–	-2,000	–	-0.06%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX FDff	$0	–	-3,466	–	-0.06%	–
MCRS	Exit	MICROS SYS INC COM	$0	–	-5,320	–	-0.11%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL IN	$0	–	-26,377	–	-0.26%	–
3101SC	Exit	COMMONWEALTH REIT COM SH BEN Ire	$0	–	-90,200	–	-0.71%	–
EEM	Exit	ISHARES EMERG MKTS ETFff	$0	–	-123,170	–	-1.59%	–

Q2 2014

			Value		Shares		↓ Weighting
SPG	New	SIMON PPTY GROUP INC NEW COMre	$68,341,000	–	411,002	–	20.46%	–
SPY	New	SPDR S&P 500 ETF TR TR UNITfu	$48,324,000	–	246,902	–	14.46%	–
DVY	New	ISHARES SELECT DIVIDENDfu	$35,310,000	–	458,697	–	10.57%	–
EFA	New	ISHARES MSCI EAFE ETFff	$13,782,000	–	201,579	–	4.12%	–
IWV	New	ISHARES RUSSELL 3000 ETFfu	$13,245,000	–	112,493	–	3.96%	–
CSG	New	CHAMBERS STREET PROPERTIESre	$8,910,000	–	1,108,157	–	2.67%	–
BRKA	New	BERKSHIRE HATHAWAY INC DEL CL	$7,786,000	–	41	–	2.33%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDff	$7,013,000	–	162,607	–	2.10%	–
RAI	New	REYNOLDS AMERICAN INC COM	$7,007,000	–	116,108	–	2.10%	–
AAPL	New	APPLE INC COM	$6,417,000	–	69,057	–	1.92%	–
GE	New	GENERAL ELECTRIC CO COM	$5,506,000	–	209,527	–	1.65%	–
EEM	New	ISHARES EMERG MKTS ETFff	$5,325,000	–	123,170	–	1.59%	–
CBLAQ	New	CBL & ASSOC PPTYS INC COMre	$4,714,000	–	248,085	–	1.41%	–
T	New	AT&T INC COM	$4,469,000	–	126,384	–	1.34%	–
IDV	New	ISHARES INTL SEL DIVff	$4,391,000	–	110,089	–	1.31%	–
ETV	New	EATON VANCE TX MNG BY WRT OPPfu	$4,168,000	–	282,585	–	1.25%	–
AZN	New	ASTRAZENECA PLC SPONSORED ADRadr	$4,028,000	–	54,200	–	1.21%	–
MSFT	New	MICROSOFT CORP COM	$3,729,000	–	89,428	–	1.12%	–
CSCO	New	CISCO SYS INC COM	$3,003,000	–	120,838	–	0.90%	–
KMX	New	CARMAX INC COM	$2,712,000	–	52,142	–	0.81%	–
MO	New	ALTRIA GROUP INC COM	$2,465,000	–	58,765	–	0.74%	–
ETW	New	EATON VANCE TXMGD GL BUYWR OPPff	$2,454,000	–	192,350	–	0.74%	–
BMY	New	BRISTOL MYERS SQUIBB CO COM	$2,406,000	–	49,604	–	0.72%	–
TMO	New	THERMO FISHER SCIENTIFIC INC C	$2,406,000	–	20,386	–	0.72%	–
3101SC	New	COMMONWEALTH REIT COM SH BEN Ire	$2,374,000	–	90,200	–	0.71%	–
VEA	New	VANGUARD TAX MANAGED INTL FD Fff	$2,373,000	–	55,706	–	0.71%	–
IWM	New	ISHARES RUSSELL 2000 ETFfu	$2,362,000	–	19,882	–	0.71%	–
BTI	New	BRITISH AMERN TOB PLC SPONSOREadr	$2,332,000	–	19,582	–	0.70%	–
DXJ	New	WISDOMTREE TR JAPN HEDGE EQTadr	$2,298,000	–	46,549	–	0.69%	–
BAC	New	BANK OF AMERICA CORPORATION CO	$1,957,000	–	127,325	–	0.59%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UTSfu	$1,797,000	–	6,896	–	0.54%	–
CERS	New	CERUS CORP COM	$1,614,000	–	388,876	–	0.48%	–
KMIWS	New	KINDER MORGAN INC DEL WT EXP 0wt	$1,583,000	–	569,470	–	0.47%	–
INTC	New	INTEL CORP COM	$1,558,000	–	50,423	–	0.47%	–
TCRD	New	THL CR INC COM	$1,537,000	–	109,774	–	0.46%	–
PETM	New	PETSMART INC COM	$1,514,000	–	25,311	–	0.45%	–
XLK	New	SELECT SECTOR SPDR TR TECHNOLO	$1,446,000	–	37,705	–	0.43%	–
DUK	New	DUKE ENERGY CORP NEW COM NEW	$1,420,000	–	19,144	–	0.42%	–
CMCSK	New	COMCAST CORP NEW CL A SPL	$1,381,000	–	25,900	–	0.41%	–
IWB	New	ISHARES RUS 1000fu	$1,193,000	–	10,835	–	0.36%	–
AMJ	New	JPMORGAN CHASE & CO ALERIAN MLfr	$1,100,000	–	21,003	–	0.33%	–
QIHU	New	QIHOO 360 TECHNOLOGY CO LTD ADadr	$1,082,000	–	11,759	–	0.32%	–
HASI	New	HANNON ARMSTRONG SUSTAINABLE Ire	$1,066,000	–	74,348	–	0.32%	–
GS	New	GOLDMAN SACHS GROUP INC COM	$1,040,000	–	6,214	–	0.31%	–
EXG	New	EATON VANCE TAX MNGD GBL DV EQff	$1,003,000	–	96,698	–	0.30%	–
VOD	New	VODAFONE GROUP PLC NEW SPNSR Aadr	$940,000	–	28,144	–	0.28%	–
XLP	New	SELECT SECTOR SPDR TR SBI CONSfu	$897,000	–	20,104	–	0.27%	–
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$864,000	–	26,377	–	0.26%	–
BRKB	New	BERKSHIRE HATHAWAY INC DEL CL	$775,000	–	6,120	–	0.23%	–
OEF	New	ISHARES S&P 100 ETF	$772,000	–	8,920	–	0.23%	–
CAT	New	CATERPILLAR INC DEL COM	$758,000	–	6,971	–	0.23%	–
LULU	New	LULULEMON ATHLETICA INC COMadr	$732,000	–	18,086	–	0.22%	–
VZ	New	VERIZON COMMUNICATIONS INC COM	$708,000	–	14,478	–	0.21%	–
CB	New	CHUBB CORP COM	$690,000	–	7,488	–	0.21%	–
ORCL	New	ORACLE CORP COM	$653,000	–	16,100	–	0.20%	–
FOF	New	COHEN & STEERS CLOSED END OPPOfu	$632,000	–	46,780	–	0.19%	–
KEX	New	KIRBY CORP COM	$620,000	–	5,296	–	0.19%	–
IWF	New	ISHARES RUS 1000 GROWTHfu	$618,000	–	6,800	–	0.18%	–
SIG	New	SIGNET JEWELERS LIMITED SHSadr	$605,000	–	5,474	–	0.18%	–
AON	New	AON PLC SHS CL Aadr	$604,000	–	6,700	–	0.18%	–
IPG	New	INTERPUBLIC GROUP COS INC COM	$576,000	–	29,500	–	0.17%	–
WSM	New	WILLIAMS SONOMA INC COM	$560,000	–	7,805	–	0.17%	–
HOG	New	HARLEY DAVIDSON INC COM	$561,000	–	8,036	–	0.17%	–
LBTYK	New	LIBERTY GLOBAL PLC SHS CL Cadr	$556,000	–	13,152	–	0.17%	–
JCI	New	JOHNSON CTLS INC COM	$536,000	–	10,741	–	0.16%	–
BAM	New	BROOKFIELD ASSET MGMT INC CL Are	$533,000	–	12,100	–	0.16%	–
ORLY	New	O REILLY AUTOMOTIVE INC COM	$525,000	–	3,489	–	0.16%	–
REM	New	ISHARES MRG RL ES CP ETFfr	$506,000	–	40,000	–	0.15%	–
ECL	New	ECOLAB INC COM	$501,000	–	4,500	–	0.15%	–
MS	New	MORGAN STANLEY COM NEW	$487,000	–	15,061	–	0.15%	–
WMT	New	WAL-MART STORES INC COM	$462,000	–	6,160	–	0.14%	–
NBL	New	NOBLE ENERGY INC COM	$453,000	–	5,850	–	0.14%	–
XRAY	New	DENTSPLY INTL INC NEW COM	$441,000	–	9,308	–	0.13%	–
SHW	New	SHERWIN WILLIAMS CO COM	$432,000	–	2,090	–	0.13%	–
WFM	New	WHOLE FOODS MKT INC COM	$416,000	–	10,774	–	0.12%	–
FOXA	New	TWENTY FIRST CENTY FOX INC CL	$418,000	–	11,900	–	0.12%	–
EWJ	New	ISHARES INC MSCI JAPANff	$406,000	–	33,700	–	0.12%	–
PLL	New	PALL CORP COM	$409,000	–	4,785	–	0.12%	–
UNH	New	UNITEDHEALTH GROUP INC COM	$401,000	–	4,900	–	0.12%	–
GRMN	New	GARMIN LTD SHSadr	$397,000	–	6,527	–	0.12%	–
PEP	New	PEPSICO INC COM	$389,000	–	4,357	–	0.12%	–
CII	New	BLACKROCK ENH CAP & INC FD INC	$381,000	–	25,836	–	0.11%	–
IHS	New	IHS INC CL A	$374,000	–	2,756	–	0.11%	–
KO	New	COCA COLA CO COM	$370,000	–	8,740	–	0.11%	–
MKL	New	MARKEL CORP COM	$372,000	–	568	–	0.11%	–
APH	New	AMPHENOL CORP NEW CL A	$367,000	–	3,814	–	0.11%	–
MCRS	New	MICROS SYS INC COM	$361,000	–	5,320	–	0.11%	–
WWW	New	WOLVERINE WORLD WIDE INC COM	$357,000	–	13,718	–	0.11%	–
PX	New	PRAXAIR INC COM	$347,000	–	2,614	–	0.10%	–
F	New	FORD MTR CO DEL COM PAR $0.01	$345,000	–	20,000	–	0.10%	–
IBM	New	INTERNATIONAL BUSINESS MACHS C	$344,000	–	1,899	–	0.10%	–
MSM	New	MSC INDL DIRECT INC CL A	$329,000	–	3,440	–	0.10%	–
GOOGL	New	GOOGLE INC CL A	$325,000	–	556	–	0.10%	–
MHK	New	MOHAWK INDS INC COM	$317,000	–	2,290	–	0.10%	–
STZ	New	CONSTELLATION BRANDS INC CL A	$317,000	–	3,600	–	0.10%	–
JNJ	New	JOHNSON & JOHNSON COM	$313,000	–	2,995	–	0.09%	–
SIAL	New	SIGMA ALDRICH CORP COM	$312,000	–	3,077	–	0.09%	–
SNI	New	SCRIPPS NETWORKS INTERACT INC	$311,000	–	3,839	–	0.09%	–
TDG	New	TRANSDIGM GROUP INC COM	$307,000	–	1,834	–	0.09%	–
MDLZ	New	MONDELEZ INTL INC CL A	$297,000	–	7,900	–	0.09%	–
UBA	New	URSTADT BIDDLE PPTYS INC CL Are	$280,000	–	13,401	–	0.08%	–
L	New	LOEWS CORP COM	$277,000	–	6,300	–	0.08%	–
ARG	New	AIRGAS INC COM	$263,000	–	2,412	–	0.08%	–
EWP	New	ISHARES MSCI SPAIN CAPPEDff	$261,000	–	6,100	–	0.08%	–
GOOG	New	GOOGLE INC CL C	$262,000	–	456	–	0.08%	–
WIN	New	WINDSTREAM HLDGS INC COM	$262,000	–	26,318	–	0.08%	–
CBRE	New	CBRE GROUP INC CL Are	$260,000	–	8,105	–	0.08%	–
GNRC	New	GENERAC HLDGS INC COM	$258,000	–	5,300	–	0.08%	–
PAYX	New	PAYCHEX INC COM	$254,000	–	6,121	–	0.08%	–
FRC	New	FIRST REP BK SAN FRANCISCO CAL	$253,000	–	4,607	–	0.08%	–
MMM	New	3M CO COM	$252,000	–	1,758	–	0.08%	–
AME	New	AMETEK INC NEW COM	$248,000	–	4,738	–	0.07%	–
AWP	New	ALPINE GLOBAL PREMIER PPTYS FDre	$245,000	–	32,872	–	0.07%	–
MTG	New	MGIC INVT CORP WIS COM	$232,000	–	25,155	–	0.07%	–
PKI	New	PERKINELMER INC COM	$227,000	–	4,855	–	0.07%	–
WAB	New	WABTEC CORP COM	$214,000	–	2,592	–	0.06%	–
VGK	New	VANGUARD INTL EQUITY INDEX FDff	$208,000	–	3,466	–	0.06%	–
APA	New	APACHE CORP COM	$201,000	–	2,000	–	0.06%	–
MNTA	New	MOMENTA PHARMACEUTICALS INC CO	$170,000	–	14,100	–	0.05%	–
BGY	New	BLACKROCK INTL GRWTH & INC TRff	$153,000	–	18,590	–	0.05%	–
CWST	New	CASELLA WASTE SYSTEMS INC CLAS	$75,000	–	15,000	–	0.02%	–

Q4 2013

			Value		Shares		↓ Weighting
EMAN	Exit	EMAGIN CORP COM NEW	$0	–	-10,000	–	-0.01%	–
	Exit	MEDICIS PHARMACEUTICAL CORPconv	$0	–	-40,000	–	-0.02%	–
EMMS	Exit	EMMIS COMMUNICATIONS CORP CL A	$0	–	-33,333	–	-0.03%	–
BGY	Exit	BLACKROCK INTL GRWTH & INC TRff	$0	–	-18,590	–	-0.05%	–
STZ	Exit	CONSTELLATION BRANDS INC CL A	$0	–	-3,600	–	-0.07%	–
LUK	Exit	LEUCADIA NATL CORP COM	$0	–	-7,594	–	-0.07%	–
WIN	Exit	WINDSTREAM HLDGS INC COM	$0	–	-26,318	–	-0.07%	–
FRC	Exit	FIRST REP BK SAN FRANCISCO CAL	$0	–	-4,607	–	-0.07%	–
MMM	Exit	3M CO COM	$0	–	-1,818	–	-0.07%	–
AME	Exit	AMETEK INC NEW COM	$0	–	-4,738	–	-0.07%	–
GNRC	Exit	GENERAC HLDGS INC COM	$0	–	-5,300	–	-0.08%	–
BIIB	Exit	BIOGEN IDEC INC. CMN	$0	–	-964	–	-0.08%	–
TE	Exit	TECO ENERGY INC COM	$0	–	-14,310	–	-0.08%	–
AWP	Exit	ALPINE GLOBAL PREMIER PPTYS FDre	$0	–	-32,872	–	-0.08%	–
IRM	Exit	IRON MTN INC COM	$0	–	-8,855	–	-0.08%	–
FE	Exit	FIRSTENERGY CORP COM	$0	–	-6,553	–	-0.08%	–
SO	Exit	SOUTHERN CO COM	$0	–	-5,943	–	-0.08%	–
MDLZ	Exit	MONDELEZ INTL INC CL A	$0	–	-7,900	–	-0.08%	–
PAYX	Exit	PAYCHEX INC COM	$0	–	-6,121	–	-0.08%	–
CA	Exit	CA INC COM	$0	–	-8,498	–	-0.08%	–
AEE	Exit	AMEREN CORP COM	$0	–	-7,200	–	-0.08%	–
JCI	Exit	JOHNSON CTLS INC COM	$0	–	-6,102	–	-0.08%	–
TDG	Exit	TRANSDIGM GROUP INC COM	$0	–	-1,834	–	-0.08%	–
ARG	Exit	AIRGAS INC COM	$0	–	-2,412	–	-0.09%	–
SIAL	Exit	SIGMA ALDRICH CORP COM	$0	–	-3,077	–	-0.09%	–
MCRS	Exit	MICROS SYS INC COM	$0	–	-5,320	–	-0.09%	–
MSM	Exit	MSC INDL DIRECT INC CL A	$0	–	-3,440	–	-0.09%	–
L	Exit	LOEWS CORP COM	$0	–	-6,300	–	-0.10%	–
MKL	Exit	MARKEL CORP COM	$0	–	-568	–	-0.10%	–
APH	Exit	AMPHENOL CORP NEW CL A	$0	–	-3,814	–	-0.10%	–
GRMN	Exit	GARMIN LTD SHSadr	$0	–	-6,527	–	-0.10%	–
SNI	Exit	SCRIPPS NETWORKS INTERACT INC	$0	–	-3,839	–	-0.10%	–
MHK	Exit	MOHAWK INDS INC COM	$0	–	-2,290	–	-0.10%	–
LBTYA	Exit	LIBERTY GLOBAL PLC SHS CL Aadr	$0	–	-4,068	–	-0.11%	–
IWN	Exit	ISHARES RUS 2000 VALUEfu	$0	–	-3,543	–	-0.11%	–
CII	Exit	BLACKROCK ENH CAP & INC FD INC	$0	–	-25,836	–	-0.11%	–
F	Exit	FORD MTR CO DEL COM PAR $0.01	$0	–	-20,000	–	-0.11%	–
LBTYK	Exit	LIBERTY GLOBAL PLC SHS CL Cadr	$0	–	-4,542	–	-0.12%	–
FEZ	Exit	SPDR INDEX SHS FDS EURO STOXXff	$0	–	-9,000	–	-0.12%	–
IHS	Exit	IHS INC CL A	$0	–	-3,058	–	-0.12%	–
KO	Exit	COCA COLA CO COM	$0	–	-9,350	–	-0.12%	–
PX	Exit	PRAXAIR INC COM	$0	–	-2,974	–	-0.12%	–
PEP	Exit	PEPSICO INC COM	$0	–	-4,557	–	-0.12%	–
COP	Exit	CONOCOPHILLIPS COM	$0	–	-5,175	–	-0.12%	–
SHW	Exit	SHERWIN WILLIAMS CO COM	$0	–	-2,090	–	-0.13%	–
IBM	Exit	INTERNATIONAL BUSINESS MACHS C	$0	–	-2,096	–	-0.13%	–
DHI	Exit	D R HORTON INC COM	$0	–	-20,000	–	-0.13%	–
NBL	Exit	NOBLE ENERGY INC COM	$0	–	-5,800	–	-0.13%	–
FB	Exit	FACEBOOK INC CL A	$0	–	-7,800	–	-0.13%	–
SIG	Exit	SIGNET JEWELERS LIMITED SHSadr	$0	–	-5,474	–	-0.13%	–
WWW	Exit	WOLVERINE WORLD WIDE INC COM	$0	–	-6,859	–	-0.13%	–
XRAY	Exit	DENTSPLY INTL INC NEW COM	$0	–	-9,308	–	-0.14%	–
MS	Exit	MORGAN STANLEY COM NEW	$0	–	-15,061	–	-0.14%	–
FOXA	Exit	TWENTY FIRST CENTY FOX INC CL	$0	–	-12,924	–	-0.14%	–
WSM	Exit	WILLIAMS SONOMA INC COM	$0	–	-7,805	–	-0.15%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC COM	$0	–	-3,489	–	-0.15%	–
BAX	Exit	BAXTER INTL INC COM	$0	–	-6,809	–	-0.15%	–
KEX	Exit	KIRBY CORP COM	$0	–	-5,296	–	-0.15%	–
PLL	Exit	PALL CORP COM	$0	–	-5,940	–	-0.15%	–
WMT	Exit	WAL-MART STORES INC COM	$0	–	-6,360	–	-0.16%	–
ACWX	Exit	ISHARES MSCI ACWI US ETFff	$0	–	-10,850	–	-0.16%	–
ECL	Exit	ECOLAB INC COM	$0	–	-4,985	–	-0.16%	–
AON	Exit	AON PLC SHS CL A	$0	–	-6,700	–	-0.17%	–
PNBK	Exit	PATRIOT NATL BANCORP INC COM	$0	–	-376,850	–	-0.17%	–
IPG	Exit	INTERPUBLIC GROUP COS INC COM	$0	–	-29,500	–	-0.17%	–
HOG	Exit	HARLEY DAVIDSON INC COM	$0	–	-8,036	–	-0.17%	–
UNH	Exit	UNITEDHEALTH GROUP INC COM	$0	–	-7,732	–	-0.18%	–
ORCL	Exit	ORACLE CORP COM	$0	–	-17,036	–	-0.19%	–
FOF	Exit	COHEN & STEERS CLOSED END OPPOfu	$0	–	-46,780	–	-0.19%	–
OEF	Exit	ISHARES S&P 100 ETF	$0	–	-7,700	–	-0.19%	–
WFC	Exit	WELLS FARGO & CO NEW COM	$0	–	-14,204	–	-0.20%	–
ETN	Exit	EATON CORP PLC SHS	$0	–	-8,567	–	-0.20%	–
DXJ	Exit	WISDOMTREE TR JAPN HEDGE EQTadr	$0	–	-12,715	–	-0.20%	–
AAXJ	Exit	ISHARES MSCI AC ASIA ETFff	$0	–	-11,126	–	-0.22%	–
WFM	Exit	WHOLE FOODS MKT INC COM	$0	–	-11,648	–	-0.23%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL IN	$0	–	-25,779	–	-0.23%	–
BAM	Exit	BROOKFIELD ASSET MGMT INC CL Aadr	$0	–	-18,600	–	-0.23%	–
AVB	Exit	AVALONBAY CMNTYS INC COMre	$0	–	-5,653	–	-0.24%	–
TCRD	Exit	THL CR INC COM	$0	–	-51,826	–	-0.27%	–
INTC	Exit	INTEL CORP COM	$0	–	-36,137	–	-0.28%	–
REM	Exit	ISHARES MRG RL ES CP ETFfr	$0	–	-71,096	–	-0.28%	–
EXG	Exit	EATON VANCE TAX MNGD GBL DV EQff	$0	–	-96,698	–	-0.30%	–
BRKB	Exit	BERKSHIRE HATHAWAY INC DEL CL	$0	–	-9,093	–	-0.34%	–
GS	Exit	GOLDMAN SACHS GROUP INC COM	$0	–	-6,614	–	-0.35%	–
AMJ	Exit	JPMORGAN CHASE & CO ALERIAN MLfr	$0	–	-23,444	–	-0.35%	–
XLK	Exit	SELECT SECTOR SPDR TR TECHNOLO	$0	–	-34,935	–	-0.38%	–
EEM	Exit	ISHARES EMERG MKTS ETFff	$0	–	-27,750	–	-0.38%	–
LULU	Exit	LULULEMON ATHLETICA INC COMadr	$0	–	-15,565	–	-0.38%	–
GOOGL	Exit	GOOGLE INC CL A	$0	–	-1,325	–	-0.39%	–
CMCSK	Exit	COMCAST CORP NEW CL A SPL	$0	–	-27,557	–	-0.40%	–
CAF	Exit	MORGAN STANLEY CHINA A SH FD Cadr	$0	–	-55,065	–	-0.41%	–
QIHU	Exit	QIHOO 360 TECHNOLOGY CO LTD ADadr	$0	–	-17,759	–	-0.50%	–
DUK	Exit	DUKE ENERGY CORP NEW COM NEW	$0	–	-22,702	–	-0.51%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FD Fff	$0	–	-43,625	–	-0.58%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TR UTSfu	$0	–	-7,701	–	-0.58%	–
BAC	Exit	BANK OF AMERICA CORPORATION CO	$0	–	-127,325	–	-0.59%	–
VZ	Exit	VERIZON COMMUNICATIONS INC COM	$0	–	-38,160	–	-0.60%	–
PETM	Exit	PETSMART INC COM	$0	–	-23,385	–	-0.60%	–
VOD	Exit	VODAFONE GROUP PLC NEW SPONS Aadr	$0	–	-53,298	–	-0.63%	–
TMO	Exit	THERMO FISHER SCIENTIFIC INC C	$0	–	-20,386	–	-0.63%	–
MO	Exit	ALTRIA GROUP INC COM	$0	–	-59,005	–	-0.68%	–
DIA	Exit	SPDR DOW JONES INDL AVRG ETF Ufu	$0	–	-13,607	–	-0.69%	–
XLP	Exit	SELECT SECTOR SPDR TR SBI CONSfu	$0	–	-51,752	–	-0.69%	–
BTI	Exit	BRITISH AMERN TOB PLC SPONSOREadr	$0	–	-19,812	–	-0.70%	–
3101SC	Exit	COMMONWEALTH REIT COM SH BEN Ire	$0	–	-95,700	–	-0.70%	–
IYR	Exit	ISHARES U.S. REAL ESTfr	$0	–	-33,301	–	-0.71%	–
ETW	Exit	EATON VANCE TXMGD GL BUYWR OPPff	$0	–	-192,350	–	-0.73%	–
KMX	Exit	CARMAX INC COM	$0	–	-45,648	–	-0.74%	–
CERS	Exit	CERUS CORP COM	$0	–	-366,876	–	-0.82%	–
EFA	Exit	ISHARES MSCI EAFE ETFff	$0	–	-40,605	–	-0.87%	–
BMY	Exit	BRISTOL MYERS SQUIBB CO COM	$0	–	-56,080	–	-0.87%	–
KMIWS	Exit	KINDER MORGAN INC DEL WT EXP 0wt	$0	–	-543,360	–	-0.90%	–
MSFT	Exit	MICROSOFT CORP COM	$0	–	-82,106	–	-0.92%	–
CSCO	Exit	CISCO SYS INC COM	$0	–	-121,163	–	-0.95%	–
AZN	Exit	ASTRAZENECA PLC SPONSORED ADRadr	$0	–	-54,858	–	-0.95%	–
IDV	Exit	ISHARES INTL SEL DIVff	$0	–	-91,957	–	-1.12%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFfu	$0	–	-32,092	–	-1.14%	–
AAPL	Exit	APPLE INC COM	$0	–	-7,733	–	-1.23%	–
ETV	Exit	EATON VANCE TX MNG BY WRT OPPfu	$0	–	-297,085	–	-1.30%	–
STAG	Exit	STAG INDL INC COMre	$0	–	-215,064	–	-1.45%	–
T	Exit	AT&T INC COM	$0	–	-138,985	–	-1.57%	–
CBLAQ	Exit	CBL & ASSOC PPTYS INC COMre	$0	–	-248,085	–	-1.59%	–
RAI	Exit	REYNOLDS AMERICAN INC COM	$0	–	-116,106	–	-1.90%	–
GE	Exit	GENERAL ELECTRIC CO COM	$0	–	-302,107	–	-2.42%	–
IWV	Exit	ISHARES RUSSELL 3000 ETFfu	$0	–	-73,038	–	-2.47%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DEL CL	$0	–	-44	–	-2.51%	–
CSG	Exit	CHAMBERS STREET PROPERTIESre	$0	–	-1,437,082	–	-4.22%	–
SPY	Exit	SPDR S&P 500 ETF TR TR UNITfu	$0	–	-98,844	–	-5.56%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX FDff	$0	–	-543,799	–	-7.31%	–
DVY	Exit	ISHARES SELECT DIVIDENDfu	$0	–	-445,595	–	-9.90%	–
SPG	Exit	SIMON PPTY GROUP INC NEW COMre	$0	–	-465,986	–	-23.12%	–

Q3 2013

			Value		Shares		↓ Weighting
SPG	Sell	SIMON PPTY GROUP INC NEW COMre	$69,073,000	-6.1%	465,986	-0.0%	23.12%	-17.1%
DVY	Buy	ISHARES SELECT DIVIDENDfu	$29,561,000	+20.3%	445,595	+16.1%	9.90%	+6.3%
VWO	Buy	VANGUARD INTL EQUITY INDEX FDff	$21,825,000	+15.8%	543,799	+11.9%	7.31%	+2.3%
SPY	Buy	SPDR S&P 500 ETF TR TR UNITfu	$16,607,000	+19.1%	98,844	+13.7%	5.56%	+5.2%
CSG	New	CHAMBERS STREET PROPERTIESre	$12,618,000	–	1,437,082	–	4.22%	–
BRKA	Buy	BERKSHIRE HATHAWAY INC DEL CL	$7,498,000	+27.1%	44	+25.7%	2.51%	+12.3%
IWV	Sell	ISHARES RUSSELL 3000 ETFfu	$7,387,000	+4.6%	73,038	-0.3%	2.47%	-7.6%
GE	Buy	GENERAL ELECTRIC CO COM	$7,217,000	+10.6%	302,107	+7.3%	2.42%	-2.3%
RAI	Sell	REYNOLDS AMERICAN INC COM	$5,664,000	+0.8%	116,106	-0.1%	1.90%	-11.0%
T	Buy	AT&T INC COM	$4,700,000	+4.3%	138,985	+9.2%	1.57%	-7.9%
STAG	Sell	STAG INDL INC COMre	$4,327,000	-2.8%	215,064	-3.6%	1.45%	-14.1%
ETV	Sell	EATON VANCE TX MNG BY WRT OPPfu	$3,883,000	-2.3%	297,085	-2.4%	1.30%	-13.6%
AAPL	Buy	APPLE INC COM	$3,687,000	+932.8%	7,733	+759.2%	1.23%	+814.1%
IWM	Sell	ISHARES RUSSELL 2000 ETFfu	$3,421,000	-18.6%	32,092	-25.9%	1.14%	-28.1%
IDV	Buy	ISHARES INTL SEL DIVff	$3,334,000	+44.0%	91,957	+26.4%	1.12%	+27.3%
AZN	Buy	ASTRAZENECA PLC SPONSORED ADRadr	$2,849,000	+10.1%	54,858	+0.3%	0.95%	-2.7%
CSCO	Sell	CISCO SYS INC COM	$2,839,000	-4.9%	121,163	-1.2%	0.95%	-16.0%
MSFT	Buy	MICROSOFT CORP COM	$2,732,000	+7.1%	82,106	+11.2%	0.92%	-5.3%
BMY	Buy	BRISTOL MYERS SQUIBB CO COM	$2,595,000	+16.4%	56,080	+12.5%	0.87%	+3.0%
EFA	Sell	ISHARES MSCI EAFE ETFff	$2,591,000	+6.1%	40,605	-4.7%	0.87%	-6.3%
CERS	New	CERUS CORP COM	$2,465,000	–	366,876	–	0.82%	–
KMX	Buy	CARMAX INC COM	$2,213,000	+7.5%	45,648	+2.4%	0.74%	-5.0%
IYR	Sell	ISHARES U.S. REAL ESTfr	$2,124,000	-66.4%	33,301	-65.0%	0.71%	-70.3%
3101SC	New	COMMONWEALTH REIT COM SH BEN Ire	$2,097,000	–	95,700	–	0.70%	–
BTI	Buy	BRITISH AMERN TOB PLC SPONSOREadr	$2,083,000	+3.3%	19,812	+1.2%	0.70%	-8.8%
XLP	Sell	SELECT SECTOR SPDR TR SBI CONSfu	$2,060,000	-26.4%	51,752	-26.6%	0.69%	-34.9%
DIA	Sell	SPDR DOW JONES INDL AVRG ETF Ufu	$2,055,000	-14.7%	13,607	-16.0%	0.69%	-24.6%
MO	Sell	ALTRIA GROUP INC COM	$2,027,000	-3.2%	59,005	-1.4%	0.68%	-14.4%
VOD	Buy	VODAFONE GROUP PLC NEW SPONS Aadr	$1,875,000	+24.4%	53,298	+1.7%	0.63%	+10.0%
PETM	Buy	PETSMART INC COM	$1,783,000	+14.4%	23,385	+0.5%	0.60%	+1.2%
VZ	Buy	VERIZON COMMUNICATIONS INC COM	$1,781,000	+3.3%	38,160	+11.5%	0.60%	-8.7%
VEA	Buy	VANGUARD TAX MANAGED INTL FD Fff	$1,727,000	+182.7%	43,625	+154.0%	0.58%	+150.2%
DUK	Buy	DUKE ENERGY CORP NEW COM NEW	$1,516,000	+15.5%	22,702	+16.8%	0.51%	+2.0%
CAF	Buy	MORGAN STANLEY CHINA A SH FD Cadr	$1,217,000	+23.9%	55,065	+7.7%	0.41%	+9.4%
CMCSK	Buy	COMCAST CORP NEW CL A SPL	$1,195,000	+393.8%	27,557	+351.8%	0.40%	+334.8%
GOOGL	Buy	GOOGLE INC CL A	$1,161,000	+7.7%	1,325	+8.2%	0.39%	-4.7%
EEM	Sell	ISHARES EMERG MKTS ETFff	$1,131,000	-3.3%	27,750	-8.7%	0.38%	-14.4%
XLK	Sell	SELECT SECTOR SPDR TR TECHNOLO	$1,119,000	-2.9%	34,935	-7.3%	0.38%	-14.2%
AMJ	Buy	JPMORGAN CHASE & CO ALERIAN MLfr	$1,046,000	+12.7%	23,444	+17.8%	0.35%	-0.6%
GS	Buy	GOLDMAN SACHS GROUP INC COM	$1,046,000	+11.3%	6,614	+6.4%	0.35%	-1.7%
BRKB	Buy	BERKSHIRE HATHAWAY INC DEL CL	$1,032,000	+6.0%	9,093	+4.5%	0.34%	-6.5%
EXG	Buy	EATON VANCE TAX MNGD GBL DV EQff	$907,000	+11.0%	96,698	+9.7%	0.30%	-1.9%
REM	Buy	ISHARES MRG RL ES CP ETFfr	$852,000	-5.0%	71,096	+0.3%	0.28%	-16.2%
INTC	Buy	INTEL CORP COM	$828,000	+29.6%	36,137	+37.0%	0.28%	+14.5%
AVB	New	AVALONBAY CMNTYS INC COMre	$718,000	–	5,653	–	0.24%	–
BAM	Buy	BROOKFIELD ASSET MGMT INC CL Aadr	$696,000	+116.8%	18,600	+109.0%	0.23%	+91.0%
WFM	Buy	WHOLE FOODS MKT INC COM	$682,000	+40.3%	11,648	+23.3%	0.23%	+23.9%
AAXJ	Sell	ISHARES MSCI AC ASIA ETFff	$648,000	-33.7%	11,126	-37.6%	0.22%	-41.4%
DXJ	Sell	WISDOMTREE TR JAPN HEDGE EQTadr	$609,000	-3.9%	12,715	-8.6%	0.20%	-15.0%
ETN	New	EATON CORP PLC SHS	$590,000	–	8,567	–	0.20%	–
WFC	New	WELLS FARGO & CO NEW COM	$587,000	–	14,204	–	0.20%	–
UNH	Buy	UNITEDHEALTH GROUP INC COM	$554,000	+53.0%	7,732	+39.7%	0.18%	+35.0%
IPG	New	INTERPUBLIC GROUP COS INC COM	$507,000	–	29,500	–	0.17%	–
ECL	Buy	ECOLAB INC COM	$492,000	+28.5%	4,985	+10.8%	0.16%	+13.8%
ACWX	Buy	ISHARES MSCI ACWI US ETFff	$486,000	+51.9%	10,850	+38.0%	0.16%	+34.7%
WMT	Sell	WAL-MART STORES INC COM	$470,000	-4.5%	6,360	-3.6%	0.16%	-15.6%
PLL	Buy	PALL CORP COM	$458,000	+44.0%	5,940	+24.1%	0.15%	+27.5%
BAX	New	BAXTER INTL INC COM	$447,000	–	6,809	–	0.15%	–
FOXA	New	TWENTY FIRST CENTY FOX INC CL	$433,000	–	12,924	–	0.14%	–
FB	Sell	FACEBOOK INC CL A	$392,000	-48.0%	7,800	-74.3%	0.13%	-54.2%
IBM	Buy	INTERNATIONAL BUSINESS MACHS C	$388,000	+46.4%	2,096	+51.2%	0.13%	+30.0%
PEP	Sell	PEPSICO INC COM	$362,000	-16.0%	4,557	-13.6%	0.12%	-25.8%
COP	New	CONOCOPHILLIPS COM	$360,000	–	5,175	–	0.12%	–
PX	Sell	PRAXAIR INC COM	$358,000	+2.6%	2,974	-1.8%	0.12%	-9.1%
KO	Sell	COCA COLA CO COM	$354,000	-19.0%	9,350	-14.3%	0.12%	-28.3%
IHS	Buy	IHS INC CL A	$349,000	+21.2%	3,058	+11.0%	0.12%	+7.3%
FEZ	New	SPDR INDEX SHS FDS EURO STOXXff	$346,000	–	9,000	–	0.12%	–
F	New	FORD MTR CO DEL COM PAR $0.01	$337,000	–	20,000	–	0.11%	–
IWN	Buy	ISHARES RUS 2000 VALUEfu	$325,000	+7.6%	3,543	+0.9%	0.11%	-4.4%
JCI	New	JOHNSON CTLS INC COM	$253,000	–	6,102	–	0.08%	–
CA	New	CA INC COM	$252,000	–	8,498	–	0.08%	–
AEE	New	AMEREN CORP COM	$251,000	–	7,200	–	0.08%	–
MDLZ	Sell	MONDELEZ INTL INC CL A	$248,000	-3.5%	7,900	-12.3%	0.08%	-14.4%
SO	New	SOUTHERN CO COM	$245,000	–	5,943	–	0.08%	–
IRM	New	IRON MTN INC COM	$239,000	–	8,855	–	0.08%	–
FE	New	FIRSTENERGY CORP COM	$239,000	–	6,553	–	0.08%	–
TE	New	TECO ENERGY INC COM	$237,000	–	14,310	–	0.08%	–
BIIB	New	BIOGEN IDEC INC. CMN	$232,000	–	964	–	0.08%	–
GNRC	New	GENERAC HLDGS INC COM	$226,000	–	5,300	–	0.08%	–
MMM	New	3M CO COM	$217,000	–	1,818	–	0.07%	–
FRC	New	FIRST REP BK SAN FRANCISCO CAL	$215,000	–	4,607	–	0.07%	–
WIN	New	WINDSTREAM HLDGS INC COM	$210,000	–	26,318	–	0.07%	–
STZ	New	CONSTELLATION BRANDS INC CL A	$207,000	–	3,600	–	0.07%	–
LUK	New	LEUCADIA NATL CORP COM	$207,000	–	7,594	–	0.07%	–
	New	MEDICIS PHARMACEUTICAL CORPconv	$44,000	–	40,000	–	0.02%	–
BOTA	Exit	BIOTA PHARMACEUTIALS INC COM	$0	–	-12,974	–	-0.02%	–
WIN	Exit	WINDSTREAM CORP COM	$0	–	-26,319	–	-0.08%	–
CVX	Exit	CHEVRON CORP NEW COM	$0	–	-1,818	–	-0.08%	–
MCD	Exit	MCDONALDS CORP COM	$0	–	-2,481	–	-0.09%	–
IWB	Exit	ISHARES RUS 1000fu	$0	–	-2,765	–	-0.09%	–
XOM	Exit	EXXON MOBIL CORP COM	$0	–	-3,862	–	-0.13%	–
NWSA	Exit	TWENTY FIRST CENTY FOX INC CL	$0	–	-12,924	–	-0.16%	–
SCZ	Exit	ISHARES SMALL-CAPff	$0	–	-17,605	–	-0.28%	–
PNRA	Exit	PANERA BREAD CO CL A	$0	–	-5,804	–	-0.41%	–

Q2 2013

			Value		Shares		↓ Weighting
SPG	New	SIMON PPTY GROUP INC NEW COMre	$73,595,000	–	466,027	–	27.88%	–
DVY	New	ISHARES SELECT DIVIDENDfu	$24,573,000	–	383,896	–	9.31%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDff	$18,852,000	–	485,951	–	7.14%	–
SPY	New	SPDR S&P 500 ETF TR TR UNITfu	$13,943,000	–	86,918	–	5.28%	–
IWV	New	ISHARES RUS 3000fu	$7,062,000	–	73,253	–	2.68%	–
GE	New	GENERAL ELECTRIC CO COM	$6,526,000	–	281,429	–	2.47%	–
IYR	New	ISHARES U.S. REAL ESTfr	$6,318,000	–	95,103	–	2.39%	–
BRKA	New	BERKSHIRE HATHAWAY INC DEL CL	$5,901,000	–	35	–	2.24%	–
RAI	New	REYNOLDS AMERICAN INC COM	$5,621,000	–	116,208	–	2.13%	–
CBLAQ	New	CBL & ASSOC PPTYS INC COMre	$5,314,000	–	248,085	–	2.01%	–
T	New	AT&T INC COM	$4,506,000	–	127,293	–	1.71%	–
STAG	New	STAG INDL INC COMre	$4,450,000	–	223,064	–	1.69%	–
IWM	New	ISHARES RUS 2000fu	$4,202,000	–	43,317	–	1.59%	–
ETV	New	EATON VANCE TX MNG BY WRT OPPfu	$3,973,000	–	304,465	–	1.50%	–
CSCO	New	CISCO SYS INC COM	$2,984,000	–	122,638	–	1.13%	–
XLP	New	SELECT SECTOR SPDR TR SBI CONSfu	$2,798,000	–	70,528	–	1.06%	–
KMIWS	New	KINDER MORGAN INC DEL WT EXP 0wt	$2,782,000	–	543,360	–	1.05%	–
AZN	New	ASTRAZENECA PLC SPONSORED ADRadr	$2,587,000	–	54,690	–	0.98%	–
MSFT	New	MICROSOFT CORP COM	$2,551,000	–	73,851	–	0.97%	–
EFA	New	ISHARES MSCI EAFE ETFff	$2,442,000	–	42,625	–	0.92%	–
DIA	New	SPDR DOW JONES INDL AVRG ETF Ufu	$2,408,000	–	16,207	–	0.91%	–
IDV	New	ISHARES INTL SEL DIVff	$2,316,000	–	72,749	–	0.88%	–
BMY	New	BRISTOL MYERS SQUIBB CO COM	$2,229,000	–	49,869	–	0.84%	–
ETW	New	EATON VANCE TXMGD GL BUYWR OPPff	$2,139,000	–	192,350	–	0.81%	–
MO	New	ALTRIA GROUP INC COM	$2,093,000	–	59,826	–	0.79%	–
KMX	New	CARMAX INC COM	$2,058,000	–	44,577	–	0.78%	–
BTI	New	BRITISH AMERN TOB PLC SPONSOREadr	$2,016,000	–	19,582	–	0.76%	–
TMO	New	THERMO FISHER SCIENTIFIC INC C	$1,725,000	–	20,386	–	0.65%	–
VZ	New	VERIZON COMMUNICATIONS INC COM	$1,724,000	–	34,238	–	0.65%	–
BAC	New	BANK OF AMERICA CORPORATION CO	$1,637,000	–	127,325	–	0.62%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UTSfu	$1,618,000	–	7,701	–	0.61%	–
PETM	New	PETSMART INC COM	$1,558,000	–	23,261	–	0.59%	–
VOD	New	VODAFONE GROUP PLC NEW SPONS Aadr	$1,507,000	–	52,422	–	0.57%	–
DUK	New	DUKE ENERGY CORP NEW COM NEW	$1,312,000	–	19,431	–	0.50%	–
EEM	New	ISHARES EM ETFff	$1,170,000	–	30,381	–	0.44%	–
XLK	New	SELECT SECTOR SPDR TR TECHNOLO	$1,153,000	–	37,695	–	0.44%	–
PNRA	New	PANERA BREAD CO CL A	$1,079,000	–	5,804	–	0.41%	–
GOOGL	New	GOOGLE INC CL A	$1,078,000	–	1,225	–	0.41%	–
LULU	New	LULULEMON ATHLETICA INC COM	$1,020,000	–	15,565	–	0.39%	–
CAF	New	MORGAN STANLEY CHINA A SH FD Cadr	$982,000	–	51,105	–	0.37%	–
AAXJ	New	ISHARES MSCI AC ASIA ETFff	$977,000	–	17,831	–	0.37%	–
BRKB	New	BERKSHIRE HATHAWAY INC DEL CL	$974,000	–	8,700	–	0.37%	–
GS	New	GOLDMAN SACHS GROUP INC COM	$940,000	–	6,214	–	0.36%	–
AMJ	New	JPMORGAN CHASE & CO ALERIAN MLfr	$928,000	–	19,894	–	0.35%	–
REM	New	ISHARES MORT RL EST CAPfr	$897,000	–	70,864	–	0.34%	–
QIHU	New	QIHOO 360 TECHNOLOGY CO LTD ADadr	$820,000	–	17,759	–	0.31%	–
EXG	New	EATON VANCE TAX MNGD GBL DV EQff	$817,000	–	88,137	–	0.31%	–
TCRD	New	THL CR INC COM	$787,000	–	51,826	–	0.30%	–
FB	New	FACEBOOK INC CL A	$754,000	–	30,300	–	0.29%	–
SCZ	New	ISHARES SMALL-CAPff	$738,000	–	17,605	–	0.28%	–
INTC	New	INTEL CORP COM	$639,000	–	26,377	–	0.24%	–
DXJ	New	WISDOMTREE TR JAPN HEDGE EQTadr	$634,000	–	13,910	–	0.24%	–
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$614,000	–	25,779	–	0.23%	–
FOF	New	COHEN & STEERS CLOSED END OPPOfu	$614,000	–	46,780	–	0.23%	–
VEA	New	VANGUARD TAX MANAGED INTL FD Fff	$611,000	–	17,175	–	0.23%	–
OEF	New	ISHARES S&P 100 ETF	$554,000	–	7,700	–	0.21%	–
ORCL	New	ORACLE CORP COM	$523,000	–	17,036	–	0.20%	–
PNBK	New	PATRIOT NATL BANCORP INC COM	$494,000	–	376,850	–	0.19%	–
WMT	New	WAL-MART STORES INC COM	$492,000	–	6,599	–	0.19%	–
WFM	New	WHOLE FOODS MKT INC COM	$486,000	–	9,448	–	0.18%	–
HOG	New	HARLEY DAVIDSON INC COM	$441,000	–	8,036	–	0.17%	–
KO	New	COCA COLA CO COM	$437,000	–	10,904	–	0.17%	–
WSM	New	WILLIAMS SONOMA INC COM	$436,000	–	7,805	–	0.16%	–
AON	New	AON PLC SHS CL A	$431,000	–	6,700	–	0.16%	–
PEP	New	PEPSICO INC COM	$431,000	–	5,274	–	0.16%	–
DHI	New	D R HORTON INC COM	$426,000	–	20,000	–	0.16%	–
NWSA	New	TWENTY FIRST CENTY FOX INC CL	$421,000	–	12,924	–	0.16%	–
KEX	New	KIRBY CORP COM	$421,000	–	5,296	–	0.16%	–
ORLY	New	O REILLY AUTOMOTIVE INC COM	$393,000	–	3,489	–	0.15%	–
ECL	New	ECOLAB INC COM	$383,000	–	4,500	–	0.14%	–
XRAY	New	DENTSPLY INTL INC NEW COM	$381,000	–	9,308	–	0.14%	–
WWW	New	WOLVERINE WORLD WIDE INC COM	$375,000	–	6,859	–	0.14%	–
SHW	New	SHERWIN WILLIAMS CO COM	$369,000	–	2,090	–	0.14%	–
SIG	New	SIGNET JEWELERS LIMITED SHSadr	$369,000	–	5,474	–	0.14%	–
MS	New	MORGAN STANLEY COM NEW	$368,000	–	15,061	–	0.14%	–
UNH	New	UNITEDHEALTH GROUP INC COM	$362,000	–	5,536	–	0.14%	–
AAPL	New	APPLE INC COM	$357,000	–	900	–	0.14%	–
XOM	New	EXXON MOBIL CORP COM	$349,000	–	3,862	–	0.13%	–
NBL	New	NOBLE ENERGY INC COM	$348,000	–	5,800	–	0.13%	–
PX	New	PRAXAIR INC COM	$349,000	–	3,029	–	0.13%	–
CII	New	BLACKROCK ENH CAP & INC FD INC	$326,000	–	25,836	–	0.12%	–
BAM	New	BROOKFIELD ASSET MGMT INC CL Aadr	$321,000	–	8,900	–	0.12%	–
ACWX	New	ISHARES MSCI ACWI US ETFff	$320,000	–	7,862	–	0.12%	–
PLL	New	PALL CORP COM	$318,000	–	4,785	–	0.12%	–
LBTYK	New	LIBERTY GLOBAL PLC SHS CL Cadr	$308,000	–	4,542	–	0.12%	–
IWN	New	ISHARES RUS 2000 VALUEfu	$302,000	–	3,511	–	0.11%	–
MKL	New	MARKEL CORP COM	$299,000	–	568	–	0.11%	–
LBTYA	New	LIBERTY GLOBAL PLC SHS CL Aadr	$299,000	–	4,068	–	0.11%	–
APH	New	AMPHENOL CORP NEW CL A	$297,000	–	3,814	–	0.11%	–
IHS	New	IHS INC CL A	$288,000	–	2,756	–	0.11%	–
TDG	New	TRANSDIGM GROUP INC COM	$288,000	–	1,834	–	0.11%	–
L	New	LOEWS CORP COM	$280,000	–	6,300	–	0.11%	–
MSM	New	MSC INDL DIRECT INC CL A	$266,000	–	3,440	–	0.10%	–
IBM	New	INTERNATIONAL BUSINESS MACHS C	$265,000	–	1,386	–	0.10%	–
MHK	New	MOHAWK INDS INC COM	$258,000	–	2,290	–	0.10%	–
MDLZ	New	MONDELEZ INTL INC CL A	$257,000	–	9,007	–	0.10%	–
SNI	New	SCRIPPS NETWORKS INTERACT INC	$256,000	–	3,839	–	0.10%	–
AWP	New	ALPINE GLOBAL PREMIER PPTYS FDre	$250,000	–	32,872	–	0.10%	–
IWB	New	ISHARES RUS 1000fu	$249,000	–	2,765	–	0.09%	–
SIAL	New	SIGMA ALDRICH CORP COM	$247,000	–	3,077	–	0.09%	–
MCD	New	MCDONALDS CORP COM	$246,000	–	2,481	–	0.09%	–
CMCSK	New	COMCAST CORP NEW CL A SPL	$242,000	–	6,100	–	0.09%	–
GRMN	New	GARMIN LTD SHSadr	$236,000	–	6,527	–	0.09%	–
MCRS	New	MICROS SYS INC COM	$230,000	–	5,320	–	0.09%	–
ARG	New	AIRGAS INC COM	$230,000	–	2,412	–	0.09%	–
PAYX	New	PAYCHEX INC COM	$223,000	–	6,121	–	0.08%	–
CVX	New	CHEVRON CORP NEW COM	$215,000	–	1,818	–	0.08%	–
WIN	New	WINDSTREAM CORP COM	$203,000	–	26,319	–	0.08%	–
AME	New	AMETEK INC NEW COM	$200,000	–	4,738	–	0.08%	–
BGY	New	BLACKROCK INTL GRWTH & INC TRff	$137,000	–	18,590	–	0.05%	–
EMMS	New	EMMIS COMMUNICATIONS CORP CL A	$71,000	–	33,333	–	0.03%	–
BOTA	New	BIOTA PHARMACEUTIALS INC COM	$45,000	–	12,974	–	0.02%	–
EMAN	New	EMAGIN CORP COM NEW	$36,000	–	10,000	–	0.01%	–

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