Estate Counselors, LLC Activity Q3 2012-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
SHV	Buy	ISHARES TRshort treas bd	$110,025,358	+34.8%	995,975	+34.8%	14.64%	+41.6%
VTI	Sell	VANGUARD INDEX FDStotal stk mkt	$46,607,939	-3.9%	219,424	-0.3%	6.20%	+0.9%
RSP	Sell	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$38,017,162	-9.5%	268,312	-4.4%	5.06%	-5.0%
STIP	Sell	ISHARES TR0-5 yr tips etf	$32,235,980	-4.1%	332,604	-3.4%	4.29%	+0.7%
IJR	Sell	ISHARES TRcore s&p scp etf	$30,546,884	-7.3%	323,830	-2.1%	4.06%	-2.7%
VGSH	New	VANGUARD SCOTTSDALE FDSshort term treas	$26,959,104	–	468,040	–	3.59%	–
VTV	Buy	VANGUARD INDEX FDSvalue etf	$25,539,119	-1.2%	185,160	+1.8%	3.40%	+3.8%
HYG	Sell	ISHARES TRiboxx hi yd etf	$20,586,310	-3.2%	279,250	-1.5%	2.74%	+1.6%
XLI	Buy	SELECT SECTOR SPDR TRindl	$19,325,563	-4.3%	190,625	+1.4%	2.57%	+0.5%
VCLT	Sell	VANGUARD SCOTTSDALE FDSlg-term cor bd	$18,231,587	-22.0%	254,560	-14.5%	2.42%	-18.1%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$17,386,388	-4.7%	48,529	-1.8%	2.31%	+0.0%
DBC	Sell	INVESCO DB COMMDY INDX TRCKunit	$16,588,790	+6.7%	664,615	-3.0%	2.21%	+12.0%
XLE	Buy	SELECT SECTOR SPDR TRenergy	$16,069,986	+14.9%	177,785	+3.2%	2.14%	+20.7%
BSV	Sell	VANGUARD BD INDEX FDSshort trm bond	$15,841,702	-3.4%	210,745	-2.8%	2.11%	+1.5%
VB	Sell	VANGUARD INDEX FDSsmall cp etf	$15,663,504	-35.3%	82,845	-32.0%	2.08%	-32.1%
VEA	Sell	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$15,316,428	-17.7%	350,330	-13.1%	2.04%	-13.6%
VUG	Buy	VANGUARD INDEX FDSgrowth etf	$15,179,921	-1.6%	55,745	+2.3%	2.02%	+3.3%
IWF	Sell	ISHARES TRrus 1000 grw etf	$14,938,371	-3.4%	56,161	-0.0%	1.99%	+1.5%
VTEB	Sell	VANGUARD MUN BD FDStax exempt bd	$13,930,963	-6.4%	289,625	-2.3%	1.85%	-1.7%
IYR	Sell	ISHARES TRu.s. real es etf	$12,251,180	-10.9%	156,785	-1.3%	1.63%	-6.4%
IWP	Sell	ISHARES TRrus md cp gr etf	$11,344,300	-10.3%	124,185	-5.2%	1.51%	-5.9%
MDY	Sell	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$11,253,893	-43.4%	24,645	-40.7%	1.50%	-40.6%
VFH	Sell	VANGUARD WORLD FDSfinancials etf	$10,106,264	-3.7%	125,825	-2.6%	1.34%	+1.1%
XLY	Buy	SELECT SECTOR SPDR TRsbi cons discr	$9,790,804	-0.2%	60,820	+5.3%	1.30%	+4.8%
XBI	Buy	SPDR SER TRs&p biotech	$9,326,114	-8.8%	127,720	+3.9%	1.24%	-4.2%
VBR	Sell	VANGUARD INDEX FDSsm cp val etf	$8,528,728	-54.1%	53,475	-52.4%	1.13%	-51.8%
XLB	Buy	SELECT SECTOR SPDR TRsbi materials	$6,954,032	-2.6%	88,530	+2.7%	0.92%	+2.2%
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$6,374,558	-4.2%	92,640	+3.2%	0.85%	+0.6%
NOBL	Sell	PROSHARES TRs&p 500 dv arist	$6,248,354	-13.9%	70,563	-8.4%	0.83%	-9.6%
XLK	Buy	SELECT SECTOR SPDR TRtechnology	$5,934,266	-2.7%	36,200	+3.2%	0.79%	+2.1%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$5,845,789	-11.9%	13,675	-8.7%	0.78%	-7.5%
BND	Sell	VANGUARD BD INDEX FDStotal bnd mrkt	$4,761,102	-22.0%	68,230	-18.7%	0.63%	-18.1%
XLU	Buy	SELECT SECTOR SPDR TRsbi int-utils	$4,588,290	-6.1%	77,860	+4.3%	0.61%	-1.5%
IWM	Sell	ISHARES TRrussell 2000 etf	$4,553,176	-20.2%	25,762	-15.4%	0.61%	-16.1%
IWD	Sell	ISHARES TRrus 1000 val etf	$4,279,806	-9.9%	28,190	-6.4%	0.57%	-5.5%
EFAV	Buy	ISHARES TRmsci eafe min vl	$4,270,606	-0.6%	65,480	+2.9%	0.57%	+4.4%
MUB	Sell	ISHARES TRnational mun etf	$4,002,136	-41.4%	39,030	-39.0%	0.53%	-38.5%
COPX	Sell	GLOBAL X FDSglobal x copper	$3,890,044	-6.6%	106,840	-3.5%	0.52%	-2.1%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$3,859,704	-4.1%	51,360	-3.5%	0.51%	+0.6%
XLRE	Sell	SELECT SECTOR SPDR TRrl est sel sec	$3,226,770	-17.6%	94,710	-8.9%	0.43%	-13.5%
BNDX	Buy	VANGUARD CHARLOTTE FDStotal int bd etf	$3,158,932	+125.9%	66,045	+130.9%	0.42%	+137.3%
JNK	Buy	SPDR SER TRbloomberg high y	$2,903,196	+108.8%	32,115	+112.5%	0.39%	+119.3%
EMB	Buy	ISHARES TRjpmorgan usd emg	$2,851,066	+102.2%	34,550	+112.1%	0.38%	+111.7%
CWB	Sell	SPDR SER TRbbg conv sec etf	$2,810,310	-4.8%	41,450	-1.7%	0.37%	0.0%
IWV	Sell	ISHARES TRrussell 3000 etf	$2,683,407	-17.4%	10,950	-14.2%	0.36%	-13.1%
	Sell	APOLLO GLOBAL MGMT INC	$2,053,529	+16.4%	22,878	-0.4%	0.27%	+21.9%
PHM	Sell	PULTE GROUP INC	$1,707,593	-5.1%	23,060	-0.5%	0.23%	-0.4%
HUBB	Sell	HUBBELL INC	$1,697,115	-5.8%	5,415	-0.4%	0.23%	-0.9%
XLF	Buy	SELECT SECTOR SPDR TRfinancial	$1,687,026	+63.9%	50,860	+66.5%	0.22%	+72.3%
	Sell	CONSTELLATION ENERGY CORP	$1,682,014	+18.6%	15,420	-0.4%	0.22%	+24.4%
CAH	Sell	CARDINAL HEALTH INC	$1,676,928	-8.5%	19,315	-0.3%	0.22%	-3.9%
MPC	Sell	MARATHON PETE CORP	$1,623,878	+29.3%	10,730	-0.4%	0.22%	+35.8%
CARR	Sell	CARRIER GLOBAL CORPORATION	$1,593,624	+10.6%	28,870	-0.4%	0.21%	+15.8%
OXY	Sell	OCCIDENTAL PETE CORP	$1,571,329	+10.3%	24,219	-0.0%	0.21%	+16.1%
LRCX	Sell	LAM RESEARCH CORP	$1,566,925	-2.9%	2,500	-0.4%	0.21%	+2.0%
TRGP	Sell	TARGA RES CORP	$1,558,561	+12.0%	18,182	-0.6%	0.21%	+17.6%
STLD	Sell	STEEL DYNAMICS INC	$1,554,690	-1.8%	14,500	-0.3%	0.21%	+3.0%
ERIE	Sell	ERIE INDTY COcl a	$1,548,273	+39.4%	5,270	-0.4%	0.21%	+46.1%
VLO	Sell	VALERO ENERGY CORP	$1,528,342	+19.7%	10,785	-0.9%	0.20%	+25.3%
PSX	Sell	PHILLIPS 66	$1,522,301	+25.5%	12,670	-0.4%	0.20%	+31.2%
BLDR	Sell	BUILDERS FIRSTSOURCE INC	$1,508,196	-9.0%	12,115	-0.5%	0.20%	-4.3%
IONS	Sell	IONIS PHARMACEUTICALS INC	$1,487,808	+9.5%	32,800	-0.9%	0.20%	+15.1%
MCK	Sell	MCKESSON CORP	$1,480,664	+1.4%	3,405	-0.4%	0.20%	+6.5%
DKS	Buy	DICKS SPORTING GOODS INC	$1,482,334	-17.8%	13,652	+0.0%	0.20%	-14.0%
MRO	Buy	MARATHON OIL CORP	$1,481,549	+17.3%	55,385	+1.0%	0.20%	+23.1%
FB	Sell	META PLATFORMS INCcl a	$1,475,532	+3.8%	4,915	-0.8%	0.20%	+8.9%
COG	Sell	COTERRA ENERGY INC	$1,463,540	+6.5%	54,105	-0.4%	0.20%	+12.1%
LNG	Sell	CHENIERE ENERGY INC	$1,452,980	+8.5%	8,755	-0.4%	0.19%	+13.5%
CHTR	Sell	CHARTER COMMUNICATIONS INC Ncl a	$1,418,420	+19.4%	3,225	-0.3%	0.19%	+25.2%
DHI	Sell	D R HORTON INC	$1,412,156	-12.1%	13,140	-0.5%	0.19%	-7.4%
FANG	Buy	DIAMONDBACK ENERGY INC	$1,410,957	+18.0%	9,110	+0.1%	0.19%	+24.5%
QCOM	Sell	QUALCOMM INC	$1,338,273	-7.5%	12,050	-0.8%	0.18%	-2.7%
FCNCA	Sell	FIRST CTZNS BANCSHARES INC Ncl a	$1,324,896	+7.0%	960	-0.5%	0.18%	+12.1%
EXPD	Buy	EXPEDITORS INTL WASH INC	$1,326,269	-5.2%	11,570	+0.1%	0.18%	-0.6%
	Buy	ASPEN TECHNOLOGY INC	$1,302,158	+22.3%	6,375	+0.4%	0.17%	+28.1%
FSLR	Buy	FIRST SOLAR INC	$1,267,674	-14.9%	7,845	+0.1%	0.17%	-10.6%
LPLA	Buy	LPL FINL HLDGS INC	$1,261,922	+9.7%	5,310	+0.4%	0.17%	+15.1%
NUE	Buy	NUCOR CORP	$1,232,038	-4.2%	7,880	+0.5%	0.16%	+0.6%
FCX	Sell	FREEPORT-MCMORAN INCcl b	$1,230,160	-6.8%	32,989	-0.0%	0.16%	-1.8%
AMP	Buy	AMERIPRISE FINL INC	$1,223,113	-0.6%	3,710	+0.1%	0.16%	+4.5%
LW	Buy	LAMB WESTON HLDGS INC	$1,226,482	-19.4%	13,265	+0.3%	0.16%	-15.5%
LYB	Sell	LYONDELLBASELL INDUSTRIES N	$1,204,584	+2.7%	12,720	-0.4%	0.16%	+7.4%
BIIB	Buy	BIOGEN INC	$1,179,676	-9.1%	4,590	+0.8%	0.16%	-4.3%
OMC	Buy	OMNICOM GROUP INC	$1,162,260	-21.2%	15,605	+0.7%	0.16%	-17.1%
ACHC	Buy	ACADIA HEALTHCARE COMPANY IN	$1,153,787	-10.9%	16,410	+0.9%	0.15%	-6.7%
GPC	Buy	GENUINE PARTS CO	$1,151,431	-13.9%	7,975	+0.9%	0.15%	-9.5%
SHC	Buy	SOTERA HEALTH CO	$1,152,786	-20.2%	76,955	+0.4%	0.15%	-16.4%
UPS	Buy	UNITED PARCEL SERVICE INCcl b	$1,138,630	-12.7%	7,305	+0.4%	0.15%	-8.5%
AMGN	New	AMGEN INC	$1,131,480	–	4,210	–	0.15%	–
GLD	Sell	SPDR GOLD TR	$1,120,426	-29.0%	6,535	-26.2%	0.15%	-25.5%
DVN	Buy	DEVON ENERGY CORP NEW	$1,109,359	-0.0%	23,257	+1.3%	0.15%	+5.0%
ALNY	Buy	ALNYLAM PHARMACEUTICALS INC	$1,073,226	-6.1%	6,060	+0.7%	0.14%	-1.4%
BBY	Buy	BEST BUY INC	$1,062,196	-14.3%	15,290	+1.1%	0.14%	-10.2%
PFG	Buy	PRINCIPAL FINANCIAL GROUP IN	$952,045	-4.0%	13,210	+1.1%	0.13%	+0.8%
UNM	Buy	UNUM GROUP	$786,056	+5.9%	15,980	+2.7%	0.10%	+11.7%
VIG	Buy	VANGUARD SPECIALIZED FUNDSdiv app etf	$779,231	+204.6%	5,015	+218.4%	0.10%	+225.0%
EMR	New	EMERSON ELEC CO	$773,526	–	8,010	–	0.10%	–
IJH	Sell	ISHARES TRcore s&p mcp etf	$715,635	-50.7%	2,870	-48.3%	0.10%	-48.4%
SRPT	Buy	SAREPTA THERAPEUTICS INC	$693,985	+6.6%	5,725	+0.7%	0.09%	+12.2%
IEMG	Sell	ISHARES INCcore msci emkt	$675,778	-6.0%	14,200	-2.7%	0.09%	-1.1%
MINT	Sell	PIMCO ETF TRenhan shrt ma ac	$595,332	-51.7%	5,945	-51.9%	0.08%	-49.4%
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$531,688	–	13,560	–	0.07%	–
VYM	New	VANGUARD WHITEHALL FDShigh div yld	$525,899	–	5,090	–	0.07%	–
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$520,541	-72.9%	6,880	-70.0%	0.07%	-71.6%
VOE	New	VANGUARD INDEX FDSmcap vl idxvip	$521,221	–	3,980	–	0.07%	–
IEFA	Sell	ISHARES TRcore msci eafe	$490,991	-62.1%	7,630	-60.3%	0.06%	-60.4%
IVE	New	ISHARES TRs&p 500 val etf	$364,601	–	2,370	–	0.05%	–
IVW	New	ISHARES TRs&p 500 grwt etf	$325,679	–	4,760	–	0.04%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$320,636	–	4,220	–	0.04%	–
FMBH	New	FIRST MID ILL BANCSHARES INC	$302,386	–	11,385	–	0.04%	–
MLN	Sell	VANECK ETF TRUSTlong muni etf	$293,595	-88.6%	17,570	-87.7%	0.04%	-88.0%
TIP	Sell	ISHARES TRtips bd etf	$287,304	-33.6%	2,770	-31.1%	0.04%	-30.9%
VIS	New	VANGUARD WORLD FDSindustrial etf	$210,578	–	1,080	–	0.03%	–
PDBC	New	INVESCO ACTVELY MNGD ETC FDoptimum yield	$156,527	–	10,470	–	0.02%	–
	Exit	ORGANIGRAM HLDGS INC	$0	–	-10,000	–	0.00%	–
SPLV	Exit	INVESCO EXCH TRADED FD TR IIs&p500 low vol	$0	–	-3,900	–	-0.03%	–
PDP	Exit	INVESCO EXCHANGE TRADED FD Tdwa momentum	$0	–	-3,450	–	-0.04%	–
MTUM	Exit	ISHARES TRmsci usa mmentm	$0	–	-2,400	–	-0.04%	–
MRNA	Exit	MODERNA INC	$0	–	-7,885	–	-0.12%	–
ALB	Exit	ALBEMARLE CORP	$0	–	-4,815	–	-0.14%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-23,085	–	-0.17%	–
VRP	Exit	INVESCO EXCH TRADED FD TR IIvar rate pfd	$0	–	-62,530	–	-0.18%	–
BKLN	Exit	INVESCO EXCH TRADED FD TR IIsr ln etf	$0	–	-66,860	–	-0.18%	–
TLH	Exit	ISHARES TR10-20 yr trs etf	$0	–	-24,135	–	-0.34%	–
TOTL	Exit	SSGA ACTIVE ETF TRspdr tr tactic	$0	–	-68,720	–	-0.35%	–
VXUS	Exit	VANGUARD STAR FDSvg tl intl stk f	$0	–	-81,640	–	-0.58%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-345,795	–	-2.38%	–

Q2 2023

			Value		Shares		↓ Weighting
SHV	New	ISHARES TRshort treas bd	$81,612,610	–	738,910	–	10.34%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$48,497,816	–	220,164	–	6.14%	–
RSP	New	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$42,015,507	–	280,777	–	5.32%	–
STIP	New	ISHARES TR0-5 yr tips etf	$33,607,974	–	344,344	–	4.26%	–
IJR	New	ISHARES TRcore s&p scp etf	$32,959,238	–	330,750	–	4.18%	–
VTV	New	VANGUARD INDEX FDSvalue etf	$25,849,411	–	181,910	–	3.27%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$24,220,824	–	121,780	–	3.07%	–
VCLT	New	VANGUARD SCOTTSDALE FDSlg-term cor bd	$23,368,043	–	297,720	–	2.96%	–
HYG	New	ISHARES TRiboxx hi yd etf	$21,272,586	–	283,370	–	2.70%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$20,185,282	–	188,085	–	2.56%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$19,896,316	–	41,545	–	2.52%	–
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$18,814,706	–	345,795	–	2.38%	–
VEA	New	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$18,616,774	–	403,135	–	2.36%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$18,569,458	–	112,270	–	2.35%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$18,250,681	–	49,404	–	2.31%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$16,391,511	–	216,905	–	2.08%	–
DBC	New	INVESCO DB COMMDY INDX TRCKunit	$15,553,246	–	685,165	–	1.97%	–
IWF	New	ISHARES TRrus 1000 grw etf	$15,456,941	–	56,170	–	1.96%	–
VUG	New	VANGUARD INDEX FDSgrowth etf	$15,422,735	–	54,505	–	1.95%	–
VTEB	New	VANGUARD MUN BD FDStax exempt bd	$14,890,983	–	296,515	–	1.89%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$13,987,214	–	172,320	–	1.77%	–
IYR	New	ISHARES TRu.s. real es etf	$13,749,475	–	158,880	–	1.74%	–
IWP	New	ISHARES TRrus md cp gr etf	$12,651,766	–	130,930	–	1.60%	–
VFH	New	VANGUARD WORLD FDSfinancials etf	$10,490,927	–	129,135	–	1.33%	–
XBI	New	SPDR SER TRs&p biotech	$10,224,032	–	122,885	–	1.30%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$9,806,528	–	57,750	–	1.24%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$7,258,900	–	76,993	–	0.92%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$7,142,565	–	86,190	–	0.90%	–
MUB	New	ISHARES TRnational mun etf	$6,826,451	–	63,960	–	0.86%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$6,654,903	–	89,725	–	0.84%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$6,638,118	–	14,975	–	0.84%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$6,099,009	–	35,080	–	0.77%	–
BND	New	VANGUARD BD INDEX FDStotal bnd mrkt	$6,102,338	–	83,950	–	0.77%	–
IWM	New	ISHARES TRrussell 2000 etf	$5,703,682	–	30,457	–	0.72%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$4,887,386	–	74,685	–	0.62%	–
IWD	New	ISHARES TRrus 1000 val etf	$4,752,261	–	30,110	–	0.60%	–
VXUS	New	VANGUARD STAR FDSvg tl intl stk f	$4,578,371	–	81,640	–	0.58%	–
EFAV	New	ISHARES TRmsci eafe min vl	$4,295,700	–	63,640	–	0.54%	–
COPX	New	GLOBAL X FDSglobal x copper	$4,166,349	–	110,660	–	0.53%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$4,025,869	–	53,210	–	0.51%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$3,968,384	–	18,025	–	0.50%	–
XLRE	New	SELECT SECTOR SPDR TRrl est sel sec	$3,917,122	–	103,930	–	0.50%	–
IWV	New	ISHARES TRrussell 3000 etf	$3,248,437	–	12,765	–	0.41%	–
CWB	New	SPDR SER TRbbg conv sec etf	$2,950,841	–	42,185	–	0.37%	–
TOTL	New	SSGA ACTIVE ETF TRspdr tr tactic	$2,786,596	–	68,720	–	0.35%	–
TLH	New	ISHARES TR10-20 yr trs etf	$2,673,434	–	24,135	–	0.34%	–
MLN	New	VANECK ETF TRUSTlong muni etf	$2,572,235	–	143,300	–	0.33%	–
IAU	New	ISHARES GOLD TRishares new	$2,159,201	–	59,335	–	0.27%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$1,917,702	–	22,950	–	0.24%	–
CAH	New	CARDINAL HEALTH INC	$1,832,861	–	19,381	–	0.23%	–
DKS	New	DICKS SPORTING GOODS INC	$1,803,997	–	13,647	–	0.23%	–
PHM	New	PULTE GROUP INC	$1,799,457	–	23,165	–	0.23%	–
HUBB	New	HUBBELL INC	$1,802,029	–	5,435	–	0.23%	–
	New	APOLLO GLOBAL MGMT INC	$1,764,940	–	22,978	–	0.22%	–
FUTY	New	FIDELITY COVINGTON TRUSTmsci utils index	$1,729,675	–	40,910	–	0.22%	–
BLDR	New	BUILDERS FIRSTSOURCE INC	$1,656,480	–	12,180	–	0.21%	–
LRCX	New	LAM RESEARCH CORP	$1,613,579	–	2,510	–	0.20%	–
DHI	New	D R HORTON INC	$1,606,308	–	13,200	–	0.20%	–
STLD	New	STEEL DYNAMICS INC	$1,583,842	–	14,540	–	0.20%	–
GLD	New	SPDR GOLD TR	$1,577,690	–	8,850	–	0.20%	–
LW	New	LAMB WESTON HLDGS INC	$1,520,789	–	13,230	–	0.19%	–
FSLR	New	FIRST SOLAR INC	$1,489,355	–	7,835	–	0.19%	–
OMC	New	OMNICOM GROUP INC	$1,474,349	–	15,495	–	0.19%	–
MCK	New	MCKESSON CORP	$1,460,118	–	3,417	–	0.18%	–
IJH	New	ISHARES TRcore s&p mcp etf	$1,451,214	–	5,550	–	0.18%	–
QCOM	New	QUALCOMM INC	$1,446,336	–	12,150	–	0.18%	–
CARR	New	CARRIER GLOBAL CORPORATION	$1,441,093	–	28,990	–	0.18%	–
SHC	New	SOTERA HEALTH CO	$1,443,803	–	76,635	–	0.18%	–
FB	New	META PLATFORMS INCcl a	$1,421,986	–	4,955	–	0.18%	–
	New	CONSTELLATION ENERGY CORP	$1,417,652	–	15,485	–	0.18%	–
OXY	New	OCCIDENTAL PETE CORP	$1,424,724	–	24,230	–	0.18%	–
EMB	New	ISHARES TRjpmorgan usd emg	$1,409,737	–	16,290	–	0.18%	–
BKLN	New	INVESCO EXCH TRADED FD TR IIsr ln etf	$1,406,734	–	66,860	–	0.18%	–
EXPD	New	EXPEDITORS INTL WASH INC	$1,399,657	–	11,555	–	0.18%	–
BNDX	New	VANGUARD CHARLOTTE FDStotal int bd etf	$1,398,212	–	28,605	–	0.18%	–
TRGP	New	TARGA RES CORP	$1,391,717	–	18,288	–	0.18%	–
VRP	New	INVESCO EXCH TRADED FD TR IIvar rate pfd	$1,391,293	–	62,530	–	0.18%	–
JNK	New	SPDR SER TRbloomberg high y	$1,390,573	–	15,110	–	0.18%	–
COG	New	COTERRA ENERGY INC	$1,374,676	–	54,335	–	0.17%	–
IONS	New	IONIS PHARMACEUTICALS INC	$1,358,503	–	33,110	–	0.17%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$1,354,166	–	23,085	–	0.17%	–
LNG	New	CHENIERE ENERGY INC	$1,339,244	–	8,790	–	0.17%	–
GPC	New	GENUINE PARTS CO	$1,337,763	–	7,905	–	0.17%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$1,320,080	–	33,002	–	0.17%	–
UPS	New	UNITED PARCEL SERVICE INCcl b	$1,304,044	–	7,275	–	0.16%	–
IEFA	New	ISHARES TRcore msci eafe	$1,296,000	–	19,200	–	0.16%	–
ACHC	New	ACADIA HEALTHCARE COMPANY IN	$1,295,345	–	16,265	–	0.16%	–
BIIB	New	BIOGEN INC	$1,297,492	–	4,555	–	0.16%	–
NUE	New	NUCOR CORP	$1,285,603	–	7,840	–	0.16%	–
VLO	New	VALERO ENERGY CORP	$1,276,811	–	10,885	–	0.16%	–
MRO	New	MARATHON OIL CORP	$1,262,578	–	54,847	–	0.16%	–
MPC	New	MARATHON PETE CORP	$1,256,365	–	10,775	–	0.16%	–
FCNCA	New	FIRST CTZNS BANCSHARES INC Ncl a	$1,238,529	–	965	–	0.16%	–
BBY	New	BEST BUY INC	$1,239,904	–	15,130	–	0.16%	–
AMP	New	AMERIPRISE FINL INC	$1,230,653	–	3,705	–	0.16%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$1,232,535	–	12,355	–	0.16%	–
PSX	New	PHILLIPS 66	$1,213,234	–	12,720	–	0.15%	–
CHTR	New	CHARTER COMMUNICATIONS INC Ncl a	$1,188,442	–	3,235	–	0.15%	–
FANG	New	DIAMONDBACK ENERGY INC	$1,196,033	–	9,105	–	0.15%	–
LYB	New	LYONDELLBASELL INDUSTRIES N	$1,173,128	–	12,775	–	0.15%	–
LPLA	New	LPL FINL HLDGS INC	$1,150,205	–	5,290	–	0.15%	–
ALNY	New	ALNYLAM PHARMACEUTICALS INC	$1,142,489	–	6,015	–	0.14%	–
DVN	New	DEVON ENERGY CORP NEW	$1,109,790	–	22,958	–	0.14%	–
ERIE	New	ERIE INDTY COcl a	$1,110,953	–	5,290	–	0.14%	–
ALB	New	ALBEMARLE CORP	$1,074,178	–	4,815	–	0.14%	–
	New	ASPEN TECHNOLOGY INC	$1,064,324	–	6,350	–	0.14%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$1,029,503	–	30,540	–	0.13%	–
PFG	New	PRINCIPAL FINANCIAL GROUP IN	$991,229	–	13,070	–	0.13%	–
MRNA	New	MODERNA INC	$958,028	–	7,885	–	0.12%	–
UNM	New	UNUM GROUP	$741,974	–	15,555	–	0.09%	–
IEMG	New	ISHARES INCcore msci emkt	$719,141	–	14,590	–	0.09%	–
EAGG	New	ISHARES TResg awr us agrgt	$672,173	–	14,250	–	0.08%	–
SRPT	New	SAREPTA THERAPEUTICS INC	$651,046	–	5,685	–	0.08%	–
ESGV	New	VANGUARD WORLD FDesg us stk etf	$557,852	–	7,120	–	0.07%	–
TIP	New	ISHARES TRtips bd etf	$432,632	–	4,020	–	0.06%	–
MTUM	New	ISHARES TRmsci usa mmentm	$346,200	–	2,400	–	0.04%	–
PDP	New	INVESCO EXCHANGE TRADED FD Tdwa momentum	$279,554	–	3,450	–	0.04%	–
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$255,827	–	1,575	–	0.03%	–
SPLV	New	INVESCO EXCH TRADED FD TR IIs&p500 low vol	$244,959	–	3,900	–	0.03%	–
NVDA	New	NVIDIA CORPORATION	$209,818	–	496	–	0.03%	–
ARCC	New	ARES CAPITAL CORP	$187,900	–	10,000	–	0.02%	–
AMRN	New	AMARIN CORP PLCspons adr new	$190,400	–	160,000	–	0.02%	–
TLRY	New	TILRAY BRANDS INC	$26,520	–	17,000	–	0.00%	–
HRTX	New	HERON THERAPEUTICS INC	$19,720	–	17,000	–	0.00%	–
	New	ORGANIGRAM HLDGS INC	$3,900	–	10,000	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
OGN	Exit	ORGANON &CO	$0	–	-58	–	0.00%	–
	Exit	NABRIVA THERAPEUTICS PLC	$0	–	-17	–	0.00%	–
ICLN	Exit	ISHARES TRgl clean ene etf	$0	–	-320	–	-0.00%	–
	Exit	ORGANIGRAM HLDGS INC	$0	–	-10,000	–	-0.00%	–
NUSC	Exit	NUSHARES ETF TRnuveen esg smlcp	$0	–	-280	–	-0.00%	–
NULV	Exit	NUSHARES ETF TRnuveen esg lrgvl	$0	–	-195	–	-0.00%	–
CRBN	Exit	ISHARES TRmsci lw crb tg	$0	–	-50	–	-0.00%	–
ESGE	Exit	ISHARES INCesg awr msci em	$0	–	-160	–	-0.00%	–
TLRY	Exit	TILRAY BRANDS INC	$0	–	-2,000	–	-0.00%	–
	Exit	WARNER BROS DISCOVERY INC	$0	–	-725	–	-0.00%	–
NULG	Exit	NUSHARES ETF TRnuveen esg lrgcp	$0	–	-130	–	-0.00%	–
AVIR	Exit	ATEA PHARMACEUTICALS INC	$0	–	-1,000	–	-0.00%	–
EAGG	Exit	ISHARES TResg awr us agrgt	$0	–	-11,880	–	-0.00%	–
ESGD	Exit	ISHARES TResg aw msci eafe	$0	–	-300	–	-0.00%	–
HRTX	Exit	HERON THERAPEUTICS INC	$0	–	-3,000	–	-0.00%	–
BLV	Exit	VANGUARD BD INDEX FDSlong term bond	$0	–	-140	–	-0.00%	–
EMNT	Exit	PIMCO ETF TRenhancd short	$0	–	-120	–	-0.00%	–
EMB	Exit	ISHARES TRjpmorgan usd emg	$0	–	-285	–	-0.00%	–
INTC	Exit	INTEL CORP	$0	–	-797	–	-0.00%	–
BKLN	Exit	INVESCO EXCH TRADED FD TR IIsr ln etf	$0	–	-1,295	–	-0.00%	–
IVE	Exit	ISHARES TRs&p 500 val etf	$0	–	-215	–	-0.00%	–
BNDX	Exit	VANGUARD CHARLOTTE FDStotal int bd etf	$0	–	-535	–	-0.00%	–
JNK	Exit	SPDR SER TRbloomberg high y	$0	–	-275	–	-0.00%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-1,280	–	-0.01%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-275	–	-0.01%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED	$0	–	-141	–	-0.01%	–
ANSS	Exit	ANSYS INC	$0	–	-188	–	-0.01%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-506	–	-0.01%	–
T	Exit	AT&T INC	$0	–	-3,000	–	-0.01%	–
CSCO	Exit	CISCO SYS INC	$0	–	-1,167	–	-0.01%	–
DIS	Exit	DISNEY WALT CO	$0	–	-475	–	-0.01%	–
AMZN	Exit	AMAZON COM INC	$0	–	-400	–	-0.01%	–
CRM	Exit	SALESFORCE INC	$0	–	-308	–	-0.01%	–
TGT	Exit	TARGET CORP	$0	–	-318	–	-0.01%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-591	–	-0.01%	–
MRK	Exit	MERCK &CO INC	$0	–	-584	–	-0.01%	–
JNJ	Exit	JOHNSON &JOHNSON	$0	–	-324	–	-0.01%	–
PG	Exit	PROCTER AND GAMBLE CO	$0	–	-399	–	-0.01%	–
V	Exit	VISA INC	$0	–	-298	–	-0.01%	–
CAT	Exit	CATERPILLAR INC	$0	–	-303	–	-0.01%	–
WEC	Exit	WEC ENERGY GROUP INC	$0	–	-602	–	-0.01%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-1,000	–	-0.01%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-496	–	-0.01%	–
JPM	Exit	JPMORGAN CHASE &CO	$0	–	-555	–	-0.01%	–
LLY	Exit	LILLY ELI &CO	$0	–	-178	–	-0.01%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-274	–	-0.01%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-1,230	–	-0.01%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-780	–	-0.01%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-2,384	–	-0.01%	–
AAPL	Exit	APPLE INC	$0	–	-501	–	-0.01%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-162	–	-0.01%	–
LEN	Exit	LENNAR CORPcl a	$0	–	-1,184	–	-0.01%	–
SDY	Exit	SPDR SER TRs&p divid etf	$0	–	-870	–	-0.02%	–
IVOL	Exit	KRANESHARES TRquadrtc int rt	$0	–	-4,500	–	-0.02%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-2,840	–	-0.02%	–
VIG	Exit	VANGUARD SPECIALIZED FUNDSdiv app etf	$0	–	-935	–	-0.02%	–
IBB	Exit	ISHARES TRishares biotech	$0	–	-1,390	–	-0.02%	–
ARCC	Exit	ARES CAPITAL CORP	$0	–	-10,000	–	-0.03%	–
AMRN	Exit	AMARIN CORP PLCspons adr new	$0	–	-160,000	–	-0.03%	–
VBR	Exit	VANGUARD INDEX FDSsm cp val etf	$0	–	-1,640	–	-0.04%	–
PDP	Exit	INVESCOdwa momentum	$0	–	-3,450	–	-0.04%	–
IJH	Exit	ISHARES TRcore s&p mcp etf	$0	–	-1,170	–	-0.04%	–
VXUS	Exit	VANGUARD STAR FDSvg tl intl stk f	$0	–	-5,790	–	-0.04%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-7,650	–	-0.04%	–
ESGV	Exit	VANGUARD WORLD FDesg us stk etf	$0	–	-6,340	–	-0.05%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-4,503	–	-0.05%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-4,200	–	-0.05%	–
MTUM	Exit	ISHARES TRmsci usa mmentm	$0	–	-2,400	–	-0.05%	–
GEM	Exit	GOLDMAN SACHS ETF TRactivebeta eme	$0	–	-12,875	–	-0.05%	–
SPLV	Exit	INVESCOs&p500 low vol	$0	–	-7,600	–	-0.07%	–
GLD	Exit	SPDR GOLD TR	$0	–	-3,345	–	-0.08%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-6,545	–	-0.08%	–
BND	Exit	VANGUARD BD INDEX FDStotal bnd mrkt	$0	–	-7,320	–	-0.08%	–
CINF	Exit	CINCINNATI FINL CORP	$0	–	-8,620	–	-0.12%	–
BIO	Exit	BIO RAD LABS INCcl a	$0	–	-1,857	–	-0.12%	–
XLF	Exit	SELECT SECTOR SPDR TRfinancial	$0	–	-26,446	–	-0.12%	–
QCOM	Exit	QUALCOMM INC	$0	–	-7,090	–	-0.12%	–
JAZZ	Exit	JAZZ PHARMACEUTICALS PLC	$0	–	-6,075	–	-0.12%	–
DVA	Exit	DAVITA INC	$0	–	-9,825	–	-0.13%	–
SCI	Exit	SERVICE CORP INTL	$0	–	-14,200	–	-0.13%	–
SYF	Exit	SYNCHRONY FINANCIAL	$0	–	-29,891	–	-0.13%	–
	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-49,518	–	-0.13%	–
CLX	Exit	CLOROX CO DEL	$0	–	-6,660	–	-0.13%	–
PHM	Exit	PULTE GROUP INC	$0	–	-23,210	–	-0.14%	–
SEE	Exit	SEALED AIR CORP NEW	$0	–	-19,787	–	-0.14%	–
WMB	Exit	WILLIAMS COS INC	$0	–	-30,960	–	-0.14%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-6,563	–	-0.14%	–
DHI	Exit	D R HORTON INC	$0	–	-13,220	–	-0.14%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-33,047	–	-0.14%	–
DELL	Exit	DELL TECHNOLOGIES INCcl c	$0	–	-26,439	–	-0.14%	–
BBY	Exit	BEST BUY INC	$0	–	-14,512	–	-0.14%	–
TROW	Exit	PRICE T ROWE GROUP INC	$0	–	-8,820	–	-0.14%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-15,515	–	-0.15%	–
NOC	Exit	NORTHROP GRUMMAN CORP	$0	–	-2,095	–	-0.15%	–
DFS	Exit	DISCOVER FINL SVCS	$0	–	-10,978	–	-0.15%	–
KKR	Exit	KKR &CO INC	$0	–	-23,913	–	-0.16%	–
RPRX	Exit	ROYALTY PHARMA PLC	$0	–	-25,590	–	-0.16%	–
WRB	Exit	BERKLEY W R CORP	$0	–	-16,275	–	-0.16%	–
STLD	Exit	STEEL DYNAMICS INC	$0	–	-14,970	–	-0.16%	–
HOLX	Exit	HOLOGIC INC	$0	–	-16,497	–	-0.16%	–
	Exit	APOLLO GLOBAL MGMT INC	$0	–	-23,093	–	-0.17%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL	$0	–	-29,704	–	-0.17%	–
REGN	Exit	REGENERON PHARMACEUTICALS	$0	–	-1,590	–	-0.17%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-2,852	–	-0.17%	–
TRGP	Exit	TARGA RES CORP	$0	–	-18,342	–	-0.17%	–
AFG	Exit	AMERICAN FINL GROUP INC OHIO	$0	–	-9,044	–	-0.17%	–
WSM	Exit	WILLIAMS SONOMA INC	$0	–	-9,495	–	-0.17%	–
APA	Exit	APA CORPORATION	$0	–	-32,970	–	-0.17%	–
ADM	Exit	ARCHER DANIELS MIDLAND CO	$0	–	-14,180	–	-0.18%	–
CVX	Exit	CHEVRON CORP NEW	$0	–	-8,013	–	-0.18%	–
MCK	Exit	MCKESSON CORP	$0	–	-3,415	–	-0.18%	–
DGX	Exit	QUEST DIAGNOSTICS INC	$0	–	-9,660	–	-0.18%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-5,485	–	-0.18%	–
CF	Exit	CF INDS HLDGS INC	$0	–	-12,630	–	-0.19%	–
EOG	Exit	EOG RES INC	$0	–	-11,100	–	-0.19%	–
MRO	Exit	MARATHON OIL CORP	$0	–	-55,829	–	-0.20%	–
PGR	Exit	PROGRESSIVE CORP	$0	–	-11,203	–	-0.20%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-19,878	–	-0.20%	–
FHN	Exit	FIRST HORIZON CORPORATION	$0	–	-58,132	–	-0.21%	–
COP	Exit	CONOCOPHILLIPS	$0	–	-13,203	–	-0.21%	–
ACI	Exit	ALBERTSONS COS INC	$0	–	-54,710	–	-0.21%	–
DVN	Exit	DEVON ENERGY CORP NEW	$0	–	-22,992	–	-0.21%	–
DKS	Exit	DICKS SPORTING GOODS INC	$0	–	-13,747	–	-0.22%	–
OXY	Exit	OCCIDENTAL PETE CORP	$0	–	-24,288	–	-0.23%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-17,695	–	-0.25%	–
XLRE	Exit	SELECT SECTOR SPDR TRrl est sel sec	$0	–	-50,945	–	-0.28%	–
IAU	Exit	ISHARES GOLD TRishares new	$0	–	-59,555	–	-0.29%	–
MINT	Exit	PIMCO ETF TRenhan shrt ma ac	$0	–	-19,830	–	-0.30%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-11,845	–	-0.34%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-7,153	–	-0.40%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-21,360	–	-0.45%	–
VAW	Exit	VANGUARD WORLD FDSmaterials etf	$0	–	-20,530	–	-0.47%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-48,553	–	-0.50%	–
VDE	Exit	VANGUARD WORLD FDSenergy etf	$0	–	-32,975	–	-0.52%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-9,225	–	-0.57%	–
XSOE	Exit	WISDOMTREE TRem ex st-owned	$0	–	-154,100	–	-0.59%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-58,090	–	-0.59%	–
COPX	Exit	GLOBAL X FDSglobal x copper	$0	–	-136,155	–	-0.60%	–
VTV	Exit	VANGUARD INDEX FDSvalue etf	$0	–	-31,965	–	-0.61%	–
VTIP	Exit	VANGUARD MALVERN FDSstrm infproidx	$0	–	-84,300	–	-0.63%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-59,550	–	-0.75%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-60,728	–	-0.75%	–
FUTY	Exit	FIDELITY COVINGTON TRUSTmsci utils index	$0	–	-119,325	–	-0.78%	–
VMBS	Exit	VANGUARD SCOTTSDALE FDSmtg-bkd secs etf	$0	–	-117,730	–	-0.82%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-66,174	–	-0.85%	–
XBI	Exit	SPDR SER TRs&p biotech	$0	–	-74,085	–	-0.91%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-35,933	–	-0.92%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-41,845	–	-0.92%	–
VTEB	Exit	VANGUARD MUN BD FDStax exempt bd	$0	–	-131,405	–	-0.98%	–
DBC	Exit	INVESCO DB COMMDY INDX TRCKunit	$0	–	-308,870	–	-1.14%	–
VFH	Exit	VANGUARD WORLD FDSfinancials etf	$0	–	-109,570	–	-1.26%	–
VUG	Exit	VANGUARD INDEX FDSgrowth etf	$0	–	-38,210	–	-1.26%	–
IWP	Exit	ISHARES TRrus md cp gr etf	$0	–	-105,230	–	-1.28%	–
VBK	Exit	VANGUARD INDEX FDSsml cp grw etf	$0	–	-42,295	–	-1.28%	–
IEF	Exit	ISHARES TR7-10 yr trsy bd	$0	–	-88,875	–	-1.32%	–
IGHG	Exit	PROSHARES TRinvt int rt hg	$0	–	-133,400	–	-1.41%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-56,889	–	-1.50%	–
TOTL	Exit	SSGA ACTIVE ETF TRspdr tr tactic	$0	–	-245,890	–	-1.53%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-275,668	–	-1.56%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-41,449	–	-1.71%	–
VEA	Exit	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$0	–	-330,864	–	-1.86%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-302,120	–	-2.07%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-190,815	–	-2.57%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-168,120	–	-2.67%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sh	$0	–	-381,913	–	-2.72%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-148,565	–	-2.80%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-184,453	–	-2.99%	–
RSP	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$0	–	-161,640	–	-3.18%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-217,210	–	-3.24%	–
STIP	Exit	ISHARES TR0-5 yr tips etf	$0	–	-241,570	–	-3.59%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-316,178	–	-3.63%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-507,510	–	-4.54%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-200,035	–	-4.90%	–
SHV	Exit	ISHARES TRshort treas bd	$0	–	-293,255	–	-8.50%	–
BSV	Exit	VANGUARD BD INDEX FDSshort trm bond	$0	–	-1,263,026	–	-10.93%	–

Q3 2022

			Value		Shares		↓ Weighting
BSV	Buy	VANGUARD BD INDEX FDSshort trm bond	$70,641,000	+38.7%	1,263,026	+90.4%	10.93%	+44.1%
SHV	Sell	ISHARES TRshort treas bd	$54,973,000	+4.9%	293,255	-38.4%	8.50%	+9.0%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$31,679,000	+32.2%	200,035	+57.5%	4.90%	+37.4%
VGSH	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$29,329,000	+21.1%	507,510	+23.4%	4.54%	+25.9%
VCSH	Buy	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$23,485,000	+8.9%	316,178	+11.8%	3.63%	+13.2%
STIP	Buy	ISHARES TR0-5 yr tips etf	$23,217,000	+47.2%	241,570	+55.3%	3.59%	+53.0%
AGG	New	ISHARES TRcore us aggbd et	$20,926,000	–	217,210	–	3.24%	–
RSP	Buy	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$20,573,000	-4.8%	161,640	+0.4%	3.18%	-1.0%
TIP	Buy	ISHARES TRtips bd etf	$19,349,000	+17.6%	184,453	+27.7%	2.99%	+22.3%
SHY	Sell	ISHARES TR1 3 yr treas bd	$18,085,000	-44.4%	148,565	-62.2%	2.80%	-42.2%
SHM	Buy	SPDR SER TRnuveen blmbrg sh	$17,602,000	+5.2%	381,913	+7.9%	2.72%	+9.4%
MUB	Sell	ISHARES TRnational mun etf	$17,245,000	-8.5%	168,120	-5.1%	2.67%	-4.9%
IJR	Sell	ISHARES TRcore s&p scp etf	$16,637,000	-10.2%	190,815	-4.8%	2.57%	-6.6%
VEU	Buy	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$13,402,000	-5.6%	302,120	+6.3%	2.07%	-1.8%
VEA	Buy	VANGUARD TAX-MANAGED FDSvan ftse dev mkt	$12,030,000	+2.5%	330,864	+15.0%	1.86%	+6.5%
QQQ	Buy	INVESCO QQQ TRunit ser 1	$11,077,000	+163.0%	41,449	+175.8%	1.71%	+173.4%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$10,059,000	-7.7%	275,668	+5.4%	1.56%	-4.1%
TOTL	Sell	SSGA ACTIVE ETF TRspdr tr tactic	$9,879,000	-11.3%	245,890	-6.9%	1.53%	-7.8%
VB	Buy	VANGUARD INDEX FDSsmall cp etf	$9,722,000	+36.7%	56,889	+40.8%	1.50%	+42.0%
IGHG	Buy	PROSHARES TRinvt int rt hg	$9,100,000	-1.0%	133,400	+0.3%	1.41%	+2.9%
IEF	New	ISHARES TR7-10 yr trsy bd	$8,531,000	–	88,875	–	1.32%	–
IWP	New	ISHARES TRrus md cp gr etf	$8,253,000	–	105,230	–	1.28%	–
VBK	New	VANGUARD INDEX FDSsml cp grw etf	$8,253,000	–	42,295	–	1.28%	–
VUG	Sell	VANGUARD INDEX FDSgrowth etf	$8,175,000	-15.9%	38,210	-12.4%	1.26%	-12.5%
VFH	Sell	VANGUARD WORLD FDSfinancials etf	$8,156,000	-46.1%	109,570	-44.1%	1.26%	-44.0%
DBC	Sell	INVESCO DB COMMDY INDX TRCKunit	$7,385,000	-28.1%	308,870	-19.9%	1.14%	-25.3%
VTEB	Buy	VANGUARD MUN BD FDStax exempt bd	$6,325,000	+46.2%	131,405	+51.6%	0.98%	+51.9%
XLY	Buy	SELECT SECTOR SPDR TRsbi cons discr	$5,960,000	+1969.4%	41,845	+1892.6%	0.92%	+2044.2%
IWM	Sell	ISHARES TRrussell 2000 etf	$5,926,000	-11.6%	35,933	-9.3%	0.92%	-8.1%
XBI	Sell	SPDR SER TRs&p biotech	$5,876,000	-50.0%	74,085	-53.2%	0.91%	-48.1%
XLI	Sell	SELECT SECTOR SPDR TRsbi int-inds	$5,481,000	-58.2%	66,174	-56.0%	0.85%	-56.6%
FUTY	Sell	FIDELITY COVINGTON TRUSTmsci utils index	$5,037,000	-10.0%	119,325	-3.8%	0.78%	-6.5%
NOBL	Sell	PROSHARES TRs&p 500 dv arist	$4,855,000	-21.6%	60,728	-16.3%	0.75%	-18.5%
IYR	Buy	ISHARES TRu.s. real es etf	$4,848,000	+18.5%	59,550	+33.9%	0.75%	+23.2%
VTIP	New	VANGUARD MALVERN FDSstrm infproidx	$4,055,000	–	84,300	–	0.63%	–
VTV	Sell	VANGUARD INDEX FDSvalue etf	$3,947,000	-38.7%	31,965	-34.5%	0.61%	-36.2%
COPX	Buy	GLOBAL X FDSglobal x copper	$3,847,000	+2245.7%	136,155	+2421.4%	0.60%	+2379.2%
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$3,805,000	-68.5%	58,090	-66.3%	0.59%	-67.2%
XSOE	Sell	WISDOMTREE TRem ex st-owned	$3,793,000	-39.3%	154,100	-29.2%	0.59%	-36.8%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$3,705,000	+3.1%	9,225	+6.1%	0.57%	+7.1%
VDE	Sell	VANGUARD WORLD FDSenergy etf	$3,349,000	-48.7%	32,975	-49.7%	0.52%	-46.7%
XLP	Sell	SELECT SECTOR SPDR TRsbi cons stpls	$3,239,000	-55.8%	48,553	-52.2%	0.50%	-54.1%
VAW	Sell	VANGUARD WORLD FDSmaterials etf	$3,047,000	-48.9%	20,530	-44.8%	0.47%	-46.9%
IWD	Sell	ISHARES TRrus 1000 val etf	$2,904,000	-22.8%	21,360	-17.7%	0.45%	-19.8%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$2,554,000	-58.6%	7,153	-52.4%	0.40%	-56.9%
VO	Buy	VANGUARD INDEX FDSmid cap etf	$2,226,000	+5.8%	11,845	+10.9%	0.34%	+9.9%
MINT	Buy	PIMCO ETF TRenhan shrt ma ac	$1,960,000	+63.5%	19,830	+63.8%	0.30%	+70.2%
IAU	Sell	ISHARES GOLD TRishares new	$1,877,000	-40.5%	59,555	-35.2%	0.29%	-38.3%
XLRE	Sell	SELECT SECTOR SPDR TRrl est sel sec	$1,834,000	-43.8%	50,945	-36.3%	0.28%	-41.6%
MBB	Buy	ISHARES TRmbs etf	$1,620,000	-3.2%	17,695	+3.1%	0.25%	+0.8%
DVN	Sell	DEVON ENERGY CORP NEW	$1,382,000	+8.9%	22,992	-0.2%	0.21%	+13.2%
FHN	Sell	FIRST HORIZON CORPORATION	$1,331,000	+2.8%	58,132	-1.9%	0.21%	+6.7%
MCK	Sell	MCKESSON CORP	$1,160,000	-33.8%	3,415	-36.4%	0.18%	-31.4%
AFG	Sell	AMERICAN FINL GROUP INC OHIO	$1,111,000	-12.0%	9,044	-0.7%	0.17%	-8.5%
LMT	Buy	LOCKHEED MARTIN CORP	$1,101,000	-10.0%	2,852	+0.2%	0.17%	-6.6%
REGN	New	REGENERON PHARMACEUTICALS	$1,095,000	–	1,590	–	0.17%	–
STLD	New	STEEL DYNAMICS INC	$1,062,000	–	14,970	–	0.16%	–
WRB	New	BERKLEY W R CORP	$1,051,000	–	16,275	–	0.16%	–
NOC	New	NORTHROP GRUMMAN CORP	$985,000	–	2,095	–	0.15%	–
OMC	New	OMNICOM GROUP INC	$978,000	–	15,515	–	0.15%	–
TROW	New	PRICE T ROWE GROUP INC	$926,000	–	8,820	–	0.14%	–
DLTR	Sell	DOLLAR TREE INC	$893,000	-52.2%	6,563	-45.3%	0.14%	-50.4%
DHI	New	D R HORTON INC	$890,000	–	13,220	–	0.14%	–
WMB	New	WILLIAMS COS INC	$886,000	–	30,960	–	0.14%	–
PHM	New	PULTE GROUP INC	$870,000	–	23,210	–	0.14%	–
CLX	New	CLOROX CO DEL	$855,000	–	6,660	–	0.13%	–
	New	ANNALY CAPITAL MANAGEMENT IN	$849,000	–	49,518	–	0.13%	–
SCI	New	SERVICE CORP INTL	$819,000	–	14,200	–	0.13%	–
JAZZ	New	JAZZ PHARMACEUTICALS PLC	$809,000	–	6,075	–	0.12%	–
XLF	Sell	SELECT SECTOR SPDR TRfinancial	$802,000	-48.8%	26,446	-46.9%	0.12%	-46.8%
QCOM	New	QUALCOMM INC	$801,000	–	7,090	–	0.12%	–
CINF	New	CINCINNATI FINL CORP	$772,000	–	8,620	–	0.12%	–
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$524,000	+1.7%	6,545	+15.6%	0.08%	+5.2%
BND	Buy	VANGUARD BD INDEX FDStotal bnd mrkt	$522,000	-5.1%	7,320	+0.1%	0.08%	-1.2%
GLD	Sell	SPDR GOLD TR	$517,000	-54.2%	3,345	-50.1%	0.08%	-52.4%
GEM	Sell	GOLDMAN SACHS ETF TRactivebeta eme	$332,000	-21.0%	12,875	-8.9%	0.05%	-19.0%
XLB	Sell	SELECT SECTOR SPDR TRsbi materials	$306,000	-45.3%	4,503	-40.8%	0.05%	-43.4%
XLE	Sell	SELECT SECTOR SPDR TRenergy	$302,000	-54.6%	4,200	-54.8%	0.05%	-52.5%
ESGV	New	VANGUARD WORLD FDesg us stk etf	$295,000	–	6,340	–	0.05%	–
EEM	Buy	ISHARES TRmsci emg mkt etf	$266,000	+259.5%	7,650	+313.5%	0.04%	+272.7%
IJH	Buy	ISHARES TRcore s&p mcp etf	$256,000	+7.6%	1,170	+10.9%	0.04%	+14.3%
VBR	Sell	VANGUARD INDEX FDSsm cp val etf	$235,000	-97.7%	1,640	-97.6%	0.04%	-97.7%
IBB	Sell	ISHARES TRishares biotech	$162,000	-40.2%	1,390	-39.8%	0.02%	-37.5%
VIG	Sell	VANGUARD SPECIALIZED FUNDSdiv app etf	$126,000	-98.2%	935	-98.1%	0.02%	-98.2%
IVOL	Sell	KRANESHARES TRquadrtc int rt	$99,000	-98.9%	4,500	-98.8%	0.02%	-98.9%
GOOGL	Buy	ALPHABET INCcap stk cl a	$74,000	-11.9%	780	+1900.0%	0.01%	-15.4%
VGIT	Sell	VANGUARD SCOTTSDALE FDSinter term treas	$71,000	-9.0%	1,230	-3.9%	0.01%	-8.3%
JNK	Buy	SPDR SER TRbloomberg high y	$24,000	+14.3%	275	+14.6%	0.00%	+33.3%
BKLN	Buy	INVESCO EXCH TRADED FD TR IIsr ln etf	$26,000	+8.3%	1,295	+6.1%	0.00%	0.0%
IVE	Sell	ISHARES TRs&p 500 val etf	$27,000	-50.0%	215	-45.6%	0.00%	-50.0%
BNDX	Buy	VANGUARD CHARLOTTE FDStotal int bd etf	$25,000	+13.6%	535	+20.2%	0.00%	+33.3%
EMB	Buy	ISHARES TRjpmorgan usd emg	$22,000	0.0%	285	+9.6%	0.00%	0.0%
BLV	New	VANGUARD BD INDEX FDSlong term bond	$10,000	–	140	–	0.00%	–
ESGD	New	ISHARES TResg aw msci eafe	$16,000	–	300	–	0.00%	–
EMNT	New	PIMCO ETF TRenhancd short	$11,000	–	120	–	0.00%	–
EAGG	New	ISHARES TResg awr us agrgt	$6,000	–	11,880	–	0.00%	–
CRBN	New	ISHARES TRmsci lw crb tg	$6,000	–	50	–	0.00%	–
ICLN	New	ISHARES TRgl clean ene etf	$6,000	–	320	–	0.00%	–
AVIR	Sell	ATEA PHARMACEUTICALS INC	$5,000	-76.2%	1,000	-66.7%	0.00%	-66.7%
ESGE	New	ISHARES INCesg awr msci em	$4,000	–	160	–	0.00%	–
NUSC	New	NUSHARES ETF TRnuveen esg smlcp	$8,000	–	280	–	0.00%	–
NULV	New	NUSHARES ETF TRnuveen esg lrgvl	$6,000	–	195	–	0.00%	–
NULG	New	NUSHARES ETF TRnuveen esg lrgcp	$5,000	–	130	–	0.00%	–
	New	NABRIVA THERAPEUTICS PLC	$0	–	17	–	0.00%	–
	Exit	NABRIVA THERAPEUTICS PLC	$0	–	-440	–	0.00%	–
CPNG	Exit	COUPANG INCcl a	$0	–	-300	–	0.00%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-200	–	-0.00%	–
XLV	Exit	SELECT SECTOR SPDR TRsbi healthcare	$0	–	-600	–	-0.01%	–
CLF	Exit	CLEVELAND-CLIFFS INC NEW	$0	–	-42,985	–	-0.10%	–
X	Exit	UNITED STATES STL CORP NEW	$0	–	-37,450	–	-0.10%	–
AA	Exit	ALCOA CORP	$0	–	-15,745	–	-0.11%	–
EBAY	Exit	EBAY INC.	$0	–	-17,674	–	-0.11%	–
MOS	Exit	MOSAIC CO NEW	$0	–	-18,810	–	-0.13%	–
NUE	Exit	NUCOR CORP	$0	–	-8,955	–	-0.14%	–
ANET	Exit	ARISTA NETWORKS INC	$0	–	-10,000	–	-0.14%	–
ARES	Exit	ARES MANAGEMENT CORPORATION	$0	–	-16,707	–	-0.14%	–
CG	Exit	CARLYLE GROUP INC	$0	–	-30,243	–	-0.14%	–
NEM	Exit	NEWMONT CORP	$0	–	-16,224	–	-0.14%	–
COO	Exit	COOPER COS INC	$0	–	-3,170	–	-0.15%	–
BG	Exit	BUNGE LIMITED	$0	–	-11,228	–	-0.15%	–
BKR	Exit	BAKER HUGHES COMPANYcl a	$0	–	-37,360	–	-0.16%	–
HAL	Exit	HALLIBURTON CO	$0	–	-35,722	–	-0.17%	–
NLY	Exit	ANNALY CAPITAL MANAGEMENT IN	$0	–	-198,080	–	-0.17%	–
HYG	Exit	ISHARES TRiboxx hi yd etf	$0	–	-117,640	–	-1.29%	–
VYM	Exit	VANGUARD WHITEHALL FDShigh div yld	$0	–	-86,065	–	-1.30%	–
VOE	Exit	VANGUARD INDEX FDSmcap vl idxvip	$0	–	-70,105	–	-1.35%	–
VCR	Exit	VANGUARD WORLD FDSconsum dis etf	$0	–	-41,050	–	-1.39%	–

Q2 2022

			Value		Shares		↓ Weighting
SHV	New	ISHARES TRshort treas bd	$52,417,000	–	476,090	–	7.80%	–
BSV	New	VANGUARD BD INDEX FDSshort trm bond	$50,949,000	–	663,496	–	7.58%	–
SHY	New	ISHARES TR1 3 yr treas bd	$32,542,000	–	393,075	–	4.84%	–
VGSH	New	VANGUARD SCOTTSDALE FDSshort term treas	$24,209,000	–	411,310	–	3.60%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$23,962,000	–	127,040	–	3.57%	–
RSP	New	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$21,610,000	–	160,995	–	3.22%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$21,567,000	–	282,818	–	3.21%	–
MUB	New	ISHARES TRnational mun etf	$18,841,000	–	177,150	–	2.80%	–
IJR	New	ISHARES TRcore s&p scp etf	$18,525,000	–	200,470	–	2.76%	–
SHM	New	SPDR SER TRnuveen blmbrg sh	$16,729,000	–	353,983	–	2.49%	–
TIP	New	ISHARES TRtips bd etf	$16,449,000	–	144,406	–	2.45%	–
STIP	New	ISHARES TR0-5 yr tips etf	$15,772,000	–	155,505	–	2.35%	–
VFH	New	VANGUARD WORLD FDSfinancials etf	$15,136,000	–	196,090	–	2.25%	–
VEU	New	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$14,192,000	–	284,085	–	2.11%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$13,123,000	–	150,259	–	1.95%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$12,082,000	–	172,290	–	1.80%	–
XBI	New	SPDR SER TRs&p biotech	$11,759,000	–	158,340	–	1.75%	–
VEA	New	VANGUARD TAX-MANAGED INTL FDvan ftse dev mkt	$11,737,000	–	287,679	–	1.75%	–
TOTL	New	SSGA ACTIVE ETF TRspdr tr tactic	$11,138,000	–	264,070	–	1.66%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$10,898,000	–	261,658	–	1.62%	–
VBR	New	VANGUARD INDEX FDSsm cp val etf	$10,396,000	–	69,390	–	1.55%	–
DBC	New	INVESCO DB COMMDY INDX TRCKunit	$10,273,000	–	385,625	–	1.53%	–
VUG	New	VANGUARD INDEX FDSgrowth etf	$9,719,000	–	43,605	–	1.45%	–
VCR	New	VANGUARD WORLD FDSconsum dis etf	$9,337,000	–	41,050	–	1.39%	–
IGHG	New	PROSHARES TRinvt int rt hg	$9,193,000	–	133,015	–	1.37%	–
IVOL	New	KRANESHARES TRquadrtc int rt	$9,138,000	–	360,655	–	1.36%	–
VOE	New	VANGUARD INDEX FDSmcap vl idxvip	$9,079,000	–	70,105	–	1.35%	–
VYM	New	VANGUARD WHITEHALL FDShigh div yld	$8,752,000	–	86,065	–	1.30%	–
HYG	New	ISHARES TRiboxx hi yd etf	$8,659,000	–	117,640	–	1.29%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$7,335,000	–	101,623	–	1.09%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$7,113,000	–	40,394	–	1.06%	–
VIG	New	VANGUARD SPECIALIZED FUNDSdiv app etf	$7,104,000	–	49,520	–	1.06%	–
IWM	New	ISHARES TRrussell 2000 etf	$6,707,000	–	39,603	–	1.00%	–
VDE	New	VANGUARD WORLD FDSenergy etf	$6,522,000	–	65,570	–	0.97%	–
VTV	New	VANGUARD INDEX FDSvalue etf	$6,440,000	–	48,835	–	0.96%	–
XSOE	New	WISDOMTREE TRem ex st-owned	$6,245,000	–	217,750	–	0.93%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$6,190,000	–	72,528	–	0.92%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$6,163,000	–	15,028	–	0.92%	–
VAW	New	VANGUARD WORLD FDSmaterials etf	$5,961,000	–	37,210	–	0.89%	–
VMBS	New	VANGUARD SCOTTSDALE FDSmtg-bkd secs etf	$5,628,000	–	117,730	–	0.84%	–
FUTY	New	FIDELITY COVINGTON TRUSTmsci utils index	$5,597,000	–	124,040	–	0.83%	–
VTEB	New	VANGUARD MUN BD FDStax exempt bd	$4,326,000	–	86,665	–	0.64%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$4,212,000	–	15,029	–	0.63%	–
IYR	New	ISHARES TRu.s. real es etf	$4,090,000	–	44,475	–	0.61%	–
IWD	New	ISHARES TRrus 1000 val etf	$3,762,000	–	25,955	–	0.56%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$3,595,000	–	8,695	–	0.54%	–
XLRE	New	SELECT SECTOR SPDR TRrl est sel sec	$3,265,000	–	79,920	–	0.49%	–
IAU	New	ISHARES GOLD TRishares new	$3,155,000	–	91,965	–	0.47%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$2,103,000	–	10,680	–	0.31%	–
DLTR	New	DOLLAR TREE INC	$1,868,000	–	11,988	–	0.28%	–
MCK	New	MCKESSON CORP	$1,751,000	–	5,370	–	0.26%	–
MBB	New	ISHARES TRmbs etf	$1,673,000	–	17,165	–	0.25%	–
XLF	New	SELECT SECTOR SPDR TRfinancial	$1,566,000	–	49,811	–	0.23%	–
ACI	New	ALBERTSONS COS INC	$1,461,000	–	54,710	–	0.22%	–
OXY	New	OCCIDENTAL PETE CORP	$1,430,000	–	24,288	–	0.21%	–
PGR	New	PROGRESSIVE CORP	$1,302,000	–	11,203	–	0.19%	–
FHN	New	FIRST HORIZON CORPORATION	$1,295,000	–	59,247	–	0.19%	–
DGX	New	QUEST DIAGNOSTICS INC	$1,284,000	–	9,660	–	0.19%	–
DVN	New	DEVON ENERGY CORP NEW	$1,269,000	–	23,042	–	0.19%	–
AFG	New	AMERICAN FINL GROUP INC OHIO	$1,263,000	–	9,104	–	0.19%	–
MRO	New	MARATHON OIL CORP	$1,255,000	–	55,829	–	0.19%	–
DELL	New	DELL TECHNOLOGIES INCcl c	$1,221,000	–	26,439	–	0.18%	–
PXD	New	PIONEER NAT RES CO	$1,223,000	–	5,485	–	0.18%	–
EOG	New	EOG RES INC	$1,225,000	–	11,100	–	0.18%	–
LMT	New	LOCKHEED MARTIN CORP	$1,224,000	–	2,847	–	0.18%	–
MINT	New	PIMCO ETF TRenhan shrt ma ac	$1,199,000	–	12,105	–	0.18%	–
COP	New	CONOCOPHILLIPS	$1,185,000	–	13,203	–	0.18%	–
NLY	New	ANNALY CAPITAL MANAGEMENT IN	$1,170,000	–	198,080	–	0.17%	–
CVX	New	CHEVRON CORP NEW	$1,160,000	–	8,013	–	0.17%	–
APA	New	APA CORPORATION	$1,150,000	–	32,970	–	0.17%	–
SEE	New	SEALED AIR CORP NEW	$1,142,000	–	19,787	–	0.17%	–
HOLX	New	HOLOGIC INC	$1,143,000	–	16,497	–	0.17%	–
GLD	New	SPDR GOLD TR	$1,129,000	–	6,705	–	0.17%	–
	New	APOLLO GLOBAL MGMT INC	$1,119,000	–	23,093	–	0.17%	–
HAL	New	HALLIBURTON CO	$1,120,000	–	35,722	–	0.17%	–
KKR	New	KKR &CO INC	$1,106,000	–	23,913	–	0.16%	–
ADM	New	ARCHER DANIELS MIDLAND CO	$1,100,000	–	14,180	–	0.16%	–
TRGP	New	TARGA RES CORP	$1,094,000	–	18,342	–	0.16%	–
FNF	New	FIDELITY NATIONAL FINANCIAL	$1,097,000	–	29,704	–	0.16%	–
CF	New	CF INDS HLDGS INC	$1,082,000	–	12,630	–	0.16%	–
RPRX	New	ROYALTY PHARMA PLC	$1,075,000	–	25,590	–	0.16%	–
BKR	New	BAKER HUGHES COMPANYcl a	$1,078,000	–	37,360	–	0.16%	–
WSM	New	WILLIAMS SONOMA INC	$1,053,000	–	9,495	–	0.16%	–
CAH	New	CARDINAL HEALTH INC	$1,039,000	–	19,878	–	0.16%	–
DFS	New	DISCOVER FINL SVCS	$1,038,000	–	10,978	–	0.15%	–
DKS	New	DICKS SPORTING GOODS INC	$1,036,000	–	13,747	–	0.15%	–
BG	New	BUNGE LIMITED	$1,018,000	–	11,228	–	0.15%	–
COO	New	COOPER COS INC	$992,000	–	3,170	–	0.15%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$966,000	–	33,047	–	0.14%	–
NEM	New	NEWMONT CORP	$968,000	–	16,224	–	0.14%	–
CG	New	CARLYLE GROUP INC	$957,000	–	30,243	–	0.14%	–
ARES	New	ARES MANAGEMENT CORPORATION	$949,000	–	16,707	–	0.14%	–
BBY	New	BEST BUY INC	$946,000	–	14,512	–	0.14%	–
NUE	New	NUCOR CORP	$934,000	–	8,955	–	0.14%	–
ANET	New	ARISTA NETWORKS INC	$937,000	–	10,000	–	0.14%	–
BIO	New	BIO RAD LABS INCcl a	$919,000	–	1,857	–	0.14%	–
MOS	New	MOSAIC CO NEW	$888,000	–	18,810	–	0.13%	–
SYF	New	SYNCHRONY FINANCIAL	$825,000	–	29,891	–	0.12%	–
DVA	New	DAVITA INC	$785,000	–	9,825	–	0.12%	–
EBAY	New	EBAY INC.	$736,000	–	17,674	–	0.11%	–
AA	New	ALCOA CORP	$717,000	–	15,745	–	0.11%	–
X	New	UNITED STATES STL CORP NEW	$670,000	–	37,450	–	0.10%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$665,000	–	9,300	–	0.10%	–
CLF	New	CLEVELAND-CLIFFS INC NEW	$660,000	–	42,985	–	0.10%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$559,000	–	7,608	–	0.08%	–
BND	New	VANGUARD BD INDEX FDStotal bnd mrkt	$550,000	–	7,315	–	0.08%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$515,000	–	5,660	–	0.08%	–
SPLV	New	INVESCO EXCHANGE-TRADED FUND TRUST IIs&p500 low vol	$470,000	–	7,600	–	0.07%	–
GEM	New	GOLDMAN SACHS ETF TRactivebeta eme	$420,000	–	14,135	–	0.06%	–
MTUM	New	ISHARES TRmsci usa mmentm	$327,000	–	2,400	–	0.05%	–
VXUS	New	VANGUARD STAR FDSvg tl intl stk f	$298,000	–	5,790	–	0.04%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$288,000	–	2,100	–	0.04%	–
IBB	New	ISHARES TRishares biotech	$271,000	–	2,310	–	0.04%	–
AMRN	New	AMARIN CORP PLCspons adr new	$238,000	–	160,000	–	0.04%	–
IJH	New	ISHARES TRcore s&p mcp etf	$238,000	–	1,055	–	0.04%	–
PDP	New	INVESCO EXCHANGE-TRADED FUND TRUSTdwa momentum	$234,000	–	3,450	–	0.04%	–
ARCC	New	ARES CAPITAL CORP	$179,000	–	10,000	–	0.03%	–
COPX	New	GLOBAL X FDSglobal x copper	$164,000	–	5,400	–	0.02%	–
IEMG	New	ISHARES INCcore msci emkt	$139,000	–	2,840	–	0.02%	–
SDY	New	SPDR SER TRs&p divid etf	$103,000	–	870	–	0.02%	–
GOOGL	New	ALPHABET INCcap stk cl a	$84,000	–	39	–	0.01%	–
LEN	New	LENNAR CORPcl a	$83,000	–	1,184	–	0.01%	–
UNH	New	UNITEDHEALTH GROUP INC	$83,000	–	162	–	0.01%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$78,000	–	1,280	–	0.01%	–
BAC	New	BK OF AMERICA CORP	$74,000	–	2,384	–	0.01%	–
XLV	New	SELECT SECTOR SPDR TRsbi healthcare	$76,000	–	600	–	0.01%	–
NVDA	New	NVIDIA CORPORATION	$75,000	–	496	–	0.01%	–
EEM	New	ISHARES TRmsci emg mkt etf	$74,000	–	1,850	–	0.01%	–
AAPL	New	APPLE INC	$68,000	–	501	–	0.01%	–
MSFT	New	MICROSOFT CORP	$70,000	–	274	–	0.01%	–
DUK	New	DUKE ENERGY CORP NEW	$63,000	–	591	–	0.01%	–
T	New	AT&T INC	$62,000	–	3,000	–	0.01%	–
V	New	VISA INC	$58,000	–	298	–	0.01%	–
WEC	New	WEC ENERGY GROUP INC	$60,000	–	602	–	0.01%	–
JPM	New	JPMORGAN CHASE &CO	$62,000	–	555	–	0.01%	–
IVE	New	ISHARES TRs&p 500 val etf	$54,000	–	395	–	0.01%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED	$51,000	–	141	–	0.01%	–
PG	New	PROCTER AND GAMBLE CO	$57,000	–	399	–	0.01%	–
MU	New	MICRON TECHNOLOGY INC	$55,000	–	1,000	–	0.01%	–
MRK	New	MERCK &CO INC	$53,000	–	584	–	0.01%	–
LLY	New	LILLY ELI &CO	$57,000	–	178	–	0.01%	–
CAT	New	CATERPILLAR INC	$54,000	–	303	–	0.01%	–
JNJ	New	JOHNSON &JOHNSON	$57,000	–	324	–	0.01%	–
DIS	New	DISNEY WALT CO	$44,000	–	475	–	0.01%	–
TGT	New	TARGET CORP	$44,000	–	318	–	0.01%	–
FB	New	META PLATFORMS INCcl a	$44,000	–	275	–	0.01%	–
CRM	New	SALESFORCE INC	$50,000	–	308	–	0.01%	–
CMCSA	New	COMCAST CORP NEWcl a	$50,000	–	1,280	–	0.01%	–
CSCO	New	CISCO SYS INC	$49,000	–	1,167	–	0.01%	–
ANSS	New	ANSYS INC	$44,000	–	188	–	0.01%	–
MDT	New	MEDTRONIC PLC	$45,000	–	506	–	0.01%	–
AMZN	New	AMAZON COM INC	$42,000	–	400	–	0.01%	–
BKLN	New	INVESCO EXCH TRADED FD TR IIsr ln etf	$24,000	–	1,220	–	0.00%	–
INTC	New	INTEL CORP	$29,000	–	797	–	0.00%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$25,000	–	200	–	0.00%	–
JNK	New	SPDR SER TRbloomberg high y	$21,000	–	240	–	0.00%	–
BNDX	New	VANGUARD CHARLOTTE FDStotal int bd etf	$22,000	–	445	–	0.00%	–
EMB	New	ISHARES TRjpmorgan usd emg	$22,000	–	260	–	0.00%	–
AVIR	New	ATEA PHARMACEUTICALS INC	$21,000	–	3,000	–	0.00%	–
HRTX	New	HERON THERAPEUTICS INC	$8,000	–	3,000	–	0.00%	–
	New	ORGANIGRAM HLDGS INC	$9,000	–	10,000	–	0.00%	–
	New	WARNER BROS DISCOVERY INC	$9,000	–	725	–	0.00%	–
TLRY	New	TILRAY BRANDS INC	$6,000	–	2,000	–	0.00%	–
OGN	New	ORGANON &CO	$1,000	–	58	–	0.00%	–
	New	NABRIVA THERAPEUTICS PLC	$0	–	440	–	0.00%	–
CPNG	New	COUPANG INCcl a	$3,000	–	300	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
	Exit	NABRIVA THERAPEUTICS PLC COM USD0.01(POST ISIN #IE00BL53QQ85 SEDOL #BL53QQ8	$0	–	-440	–	0.00%	–
OGN	Exit	ORGANON &CO COMMON STOCK	$0	–	-58	–	0.00%	–
ZSAN	Exit	ZOSANO PHARMA CORP COM NEW	$0	–	-5,000	–	0.00%	–
CPNG	Exit	COUPANG INC CL Acl a	$0	–	-300	–	-0.00%	–
AVIR	Exit	ATEA PHARMACEUTICALS INC COM	$0	–	-500	–	-0.00%	–
VMEO	Exit	VIMEO INC COMMON STOCK	$0	–	-942	–	-0.00%	–
HRTX	Exit	HERON THERAPEUTICS INC	$0	–	-3,000	–	-0.00%	–
INTC	Exit	INTEL CORP COM USD0.001	$0	–	-797	–	-0.01%	–
MRK	Exit	MERCK &CO. INC COM	$0	–	-584	–	-0.01%	–
LLY	Exit	ELI LILLY AND CO	$0	–	-178	–	-0.01%	–
DUK	Exit	DUKE ENERGY CORP NEW COM NEW ISIN #US26441C2044 SEDOL #B7JZSK0	$0	–	-591	–	-0.01%	–
WEC	Exit	WEC ENERGY GROUP INC COM	$0	–	-602	–	-0.01%	–
PG	Exit	PROCTER AND GAMBLE CO COM	$0	–	-399	–	-0.01%	–
JNJ	Exit	JOHNSON &JOHNSON COM USD1.00	$0	–	-324	–	-0.01%	–
CAT	Exit	CATERPILLAR INC COM	$0	–	-303	–	-0.01%	–
CSCO	Exit	CISCO SYSTEMS INC	$0	–	-1,167	–	-0.01%	–
MDT	Exit	MEDTRONIC PLC	$0	–	-506	–	-0.01%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-20	–	-0.01%	–
ANSS	Exit	ANSYS INC COM USD0.01	$0	–	-188	–	-0.01%	–
V	Exit	VISA INC	$0	–	-298	–	-0.01%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-162	–	-0.01%	–
CMCSA	Exit	COMCAST CORPcl a	$0	–	-1,280	–	-0.01%	–
TGT	Exit	TARGET CORP	$0	–	-318	–	-0.01%	–
VOX	Exit	VANGUARD WORLD FDS COMM SRVC ETF	$0	–	-500	–	-0.01%	–
AAPL	Exit	APPLE INC	$0	–	-501	–	-0.01%	–
CRM	Exit	SALESFORCE.COM INC COM USD0.001	$0	–	-308	–	-0.01%	–
DIS	Exit	DISNEY WALT CO COM	$0	–	-475	–	-0.01%	–
T	Exit	AT&T INC COM USD1	$0	–	-3,000	–	-0.01%	–
ADBE	Exit	ADOBE SYSTEMS INCORPORATED COM	$0	–	-141	–	-0.01%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-274	–	-0.01%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-555	–	-0.01%	–
FB	Exit	FACEBOOK INC-CLASS Acl a	$0	–	-275	–	-0.01%	–
VTIP	Exit	VANGUARD SHT-TERM INFLATION-PROTECTED SEC IDXstrm infproidx	$0	–	-1,750	–	-0.01%	–
NVDA	Exit	NVIDIA CORPORATION COM	$0	–	-496	–	-0.01%	–
GOOGL	Exit	ALPHABET INC CAP STK CL Acap stk cl a	$0	–	-39	–	-0.01%	–
SCZ	Exit	ISHARES TR EAFE SML CP ETFeafe sml cp etf	$0	–	-1,405	–	-0.01%	–
BAC	Exit	BK OF AMERICA CORP COM	$0	–	-2,384	–	-0.01%	–
LEN	Exit	LENNAR CORP COM USD0.10 CLASS Acl a	$0	–	-1,184	–	-0.01%	–
BNDX	Exit	Vanguard Total International Bond ETFtotal int bd etf	$0	–	-2,150	–	-0.02%	–
USMV	Exit	ISHARES TR MSCI USA MIN VOLmsci usa min vol	$0	–	-2,050	–	-0.02%	–
MINT	Exit	PIMCO ETF TRUST ENHANCED SHORT MATURITY ACTIVE ETF USDenhan shrt ma ac	$0	–	-1,525	–	-0.02%	–
IBDQ	Exit	ISHARES IBONDS DEC 2025 TERM CORPORATE ETFibonds dec25 etf	$0	–	-6,350	–	-0.02%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX FDS FTSE EUROPE ETFftse europe etf	$0	–	-2,500	–	-0.02%	–
CMBS	Exit	ISHARES TRUST CMBS ETFcmbs etf	$0	–	-3,275	–	-0.02%	–
COPX	Exit	GLOBAL X FDS GLOBAL X COPPERglobal x copper	$0	–	-5,400	–	-0.02%	–
ARCC	Exit	ARES CAPITAL CORP COM	$0	–	-10,000	–	-0.02%	–
IEMG	Exit	ISHARES INC CORE MSCI EMERGING MKTS ETFcore msci emkt	$0	–	-3,580	–	-0.03%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-2,050	–	-0.03%	–
VSS	Exit	VANGUARD INTL EQUITY INDEX FDS FTSE SMCAP ETFftse smcap etf	$0	–	-1,875	–	-0.03%	–
SWAN	Exit	AMPLIFY ETF TR BLACKSWAN GRWTblackswan grwt	$0	–	-8,272	–	-0.04%	–
	Exit	VICTORIAS SECRET AND CO COMMON STOCK	$0	–	-5,806	–	-0.04%	–
IBMJ	Exit	ISHARES IBONDS DEC 2021 TERM MUNI BOND ETFibonds dec2021	$0	–	-13,675	–	-0.04%	–
VNQ	Exit	VANGUARD REAL ESTATE ETFreal estate etf	$0	–	-3,955	–	-0.05%	–
IVE	Exit	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$0	–	-2,900	–	-0.05%	–
BSCP	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2025 CB	$0	–	-19,900	–	-0.06%	–
IJH	Exit	ISHARES S&P MIDCAP 400 INDEX FUNDcore s&p mcp etf	$0	–	-1,760	–	-0.06%	–
SHV	Exit	ISHARES TR SHORT TREAS BDshort treas bd	$0	–	-4,360	–	-0.06%	–
IBB	Exit	ISHARES TR ISHARES BIOTECHishares biotech	$0	–	-3,223	–	-0.06%	–
IBMK	Exit	ISHARES IBONDS DEC 2022 TERM MUNI BOND ETFibonds dec2022	$0	–	-23,240	–	-0.08%	–
IBMM	Exit	ISHARES TR IBONDS DEC 2024 TERM MUNI BD ETFibonds dec	$0	–	-22,720	–	-0.08%	–
BSCN	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2023 CB	$0	–	-29,380	–	-0.08%	–
SCHF	Exit	SCHWAB STRATEGIC TR INTL EQUITY ETFintl eqty etf	$0	–	-17,050	–	-0.08%	–
IWN	Exit	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$0	–	-4,210	–	-0.08%	–
AMRN	Exit	AMARIN CORP ADR EACH REP 1 ORD GBP0.50spons adr new	$0	–	-141,572	–	-0.09%	–
BSCL	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2021 CB	$0	–	-34,965	–	-0.09%	–
XLB	Exit	MATERIALS SELECT SECTOR SPDRsbi materials	$0	–	-9,715	–	-0.10%	–
VIG	Exit	VANGUARD SPECIALIZED FUNDS DIV APP ETFdiv app etf	$0	–	-5,550	–	-0.11%	–
WHR	Exit	WHIRLPOOL CORP	$0	–	-4,835	–	-0.12%	–
UAA	Exit	UNDER ARMOUR INC COM STK USD0.000333 CLASS Acl a	$0	–	-49,145	–	-0.12%	–
MAT	Exit	MATTEL INC COM USD1.00	$0	–	-53,450	–	-0.12%	–
DHI	Exit	DR HORTON INC COM STK USD0.01	$0	–	-12,020	–	-0.13%	–
CE	Exit	CELANESE CORP DEL COM	$0	–	-6,875	–	-0.13%	–
NVR	Exit	NVR INC COM USD0.01	$0	–	-217	–	-0.13%	–
VIACA	Exit	VIACOMCBS INC CL Acl a	$0	–	-24,951	–	-0.13%	–
OMC	Exit	OMNICOM GROUP INC COM USD0.15	$0	–	-14,460	–	-0.13%	–
CMI	Exit	CUMMINS INC	$0	–	-4,675	–	-0.13%	–
	Exit	GENERAL ELECTRIC CO COM NEW	$0	–	-10,249	–	-0.13%	–
IVZ	Exit	INVESCO LTD	$0	–	-43,645	–	-0.13%	–
MCK	Exit	MCKESSON CORP	$0	–	-5,340	–	-0.13%	–
BIIB	Exit	BIOGEN INC COM USD0.0005	$0	–	-3,795	–	-0.13%	–
FCX	Exit	FREEPORT-MCMORAN INC COM USD0.10cl b	$0	–	-32,915	–	-0.13%	–
AMAT	Exit	APPLIED MATERIALS INC COM USD0.01	$0	–	-8,465	–	-0.14%	–
	Exit	BATH &BODY WORKS INC COMMON STOCK	$0	–	-17,345	–	-0.14%	–
DVA	Exit	DAVITA INC COM	$0	–	-9,585	–	-0.14%	–
JWN	Exit	NORDSTROM INC COM NPV	$0	–	-41,902	–	-0.14%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-15,815	–	-0.14%	–
TFLO	Exit	ISHARES TREASURY FLOATING RAtrs flt rt bd	$0	–	-22,620	–	-0.14%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-8,225	–	-0.15%	–
ABC	Exit	AMERISOURCEBERGEN CORPORATION COM USD0.01	$0	–	-9,785	–	-0.15%	–
URI	Exit	UNITED RENTALS INC	$0	–	-3,380	–	-0.15%	–
XLE	Exit	SELECT SECTOR SPDR TR ENERGYenergy	$0	–	-22,935	–	-0.15%	–
ALLY	Exit	ALLY FINANCIAL INC COM USD0.01	$0	–	-23,425	–	-0.15%	–
MOH	Exit	MOLINA HEALTHCARE INC	$0	–	-4,455	–	-0.15%	–
EBAY	Exit	EBAY INC. COM	$0	–	-17,420	–	-0.15%	–
MHK	Exit	MOHAWK INDUSTRIES COM USD0.01	$0	–	-6,965	–	-0.16%	–
ON	Exit	ON SEMICONDUCTOR CORP COM USD0.01	$0	–	-27,215	–	-0.16%	–
MAS	Exit	MASCO CORP COM USD1.00	$0	–	-22,737	–	-0.16%	–
LMT	Exit	LOCKHEED MARTIN CORP COM USD1.00	$0	–	-3,725	–	-0.16%	–
Z	Exit	ZILLOW GROUP INC CL C CAP STKcl c cap stk	$0	–	-14,720	–	-0.16%	–
FLOT	Exit	ISHARES TR FLTG RATE NT ETFfltg rate nt etf	$0	–	-25,935	–	-0.16%	–
KSS	Exit	KOHLS CORP COM	$0	–	-28,165	–	-0.17%	–
MRO	Exit	MARATHON OIL CORP COM	$0	–	-97,260	–	-0.17%	–
DFS	Exit	DISCOVER FINANCIAL SERVICES	$0	–	-10,875	–	-0.17%	–
VXUS	Exit	VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDvg tl intl stk f	$0	–	-21,650	–	-0.17%	–
VZ	Exit	VERIZON COMMUNICATIONS INC	$0	–	-25,390	–	-0.17%	–
BIO	Exit	BIO RAD LABORATORIES INCcl a	$0	–	-1,841	–	-0.17%	–
MO	Exit	ALTRIA GROUP INC	$0	–	-31,175	–	-0.18%	–
AMP	Exit	AMERIPRISE FINANCIAL INC COM USD0.01	$0	–	-5,385	–	-0.18%	–
SYF	Exit	SYNCHRONY FINANCIAL COM	$0	–	-29,638	–	-0.18%	–
ORCL	Exit	ORACLE CORP	$0	–	-16,625	–	-0.18%	–
LYFT	Exit	LYFT INC CL A COM	$0	–	-28,255	–	-0.19%	–
VGSH	Exit	VANGUARD SHORT TERM TREASURY ETFshort term treas	$0	–	-25,055	–	-0.19%	–
TWTR	Exit	TWITTER INC COM USD0.000005	$0	–	-25,380	–	-0.19%	–
IAC	Exit	IAC INTERACTIVECORP NEW COM NEW	$0	–	-12,290	–	-0.20%	–
TRGP	Exit	TARGA RESOURCES CORP	$0	–	-32,725	–	-0.20%	–
VMW	Exit	VMWARE INC	$0	–	-10,850	–	-0.20%	–
FHN	Exit	FIRST HORIZON CORPORATION COM	$0	–	-99,755	–	-0.20%	–
IBM	Exit	INTERNATIONAL BUS MACH CORP COM USD0.20	$0	–	-11,930	–	-0.21%	–
SPLV	Exit	INVESCO EXCH TRADED FD TR II S&P500 LOW VOLs&p500 low vol	$0	–	-27,350	–	-0.21%	–
DVN	Exit	DEVON ENERGY CORP NEW	$0	–	-48,475	–	-0.22%	–
EWBC	Exit	EAST WEST BANCORP INC	$0	–	-22,150	–	-0.22%	–
VOE	Exit	VANGUARD MID-CAP VALUE INDEX FUNDmcap vl idxvip	$0	–	-12,800	–	-0.22%	–
XLF	Exit	SELECT SECTOR SPDR TR FINANCIALfinancial	$0	–	-48,325	–	-0.23%	–
WAL	Exit	WESTERN ALLIANCE BANCORP	$0	–	-16,800	–	-0.23%	–
OXY	Exit	OCCIDENTAL PETE CORP COM	$0	–	-62,100	–	-0.23%	–
EFAV	Exit	ISHARES TR MSCI EAFE MIN VLmsci eafe min vl	$0	–	-30,855	–	-0.29%	–
GLD	Exit	SPDR GOLD TR GOLD SHS	$0	–	-15,865	–	-0.33%	–
IWP	Exit	ISHARES TR RUS MD CP GR ETFrus md cp gr etf	$0	–	-25,410	–	-0.36%	–
VO	Exit	VANGUARD MID-CAP INDEX FUNDmid cap etf	$0	–	-12,240	–	-0.36%	–
IAU	Exit	ISHARES GOLD TR ISHARES NEW ISIN #US4642852044 SEDOL #BKP74N6ishares new	$0	–	-88,925	–	-0.37%	–
XLRE	Exit	SELECT SECTOR SPDR TR RL EST SEL SECrl est sel sec	$0	–	-72,310	–	-0.40%	–
MTUM	Exit	ISHARES TR MSCI USA MMENTMmsci usa mmentm	$0	–	-22,180	–	-0.49%	–
GEM	Exit	GOLDMAN SACHS ETF TR ACTIVEBETA EMEactivebeta eme	$0	–	-107,405	–	-0.50%	–
IWD	Exit	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$0	–	-30,135	–	-0.59%	–
VCLT	Exit	VANGUARD SCOTTSDALE FUNDS LONG-TERM CORP BOND IDX FUNDlg-term cor bd	$0	–	-45,670	–	-0.60%	–
VTV	Exit	VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TRvalue etf	$0	–	-37,275	–	-0.63%	–
MUB	Exit	ISHARES NATIONAL MUNI BOND ETFnational mun etf	$0	–	-49,680	–	-0.72%	–
FUTY	Exit	FIDELITY MSCI UTILS INDEX ETFmsci utils index	$0	–	-141,810	–	-0.73%	–
IYR	Exit	ISHARES U S REAL ESTATE ETFu.s. real es etf	$0	–	-57,550	–	-0.74%	–
XLK	Exit	SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIStechnology	$0	–	-42,430	–	-0.79%	–
VAW	Exit	VANGUARD MATERIALS INDEX FUNDmaterials etf	$0	–	-36,710	–	-0.80%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-32,750	–	-0.90%	–
XLU	Exit	UTILITIES SELECT SECTOR SPDR FUNDsbi int-utils	$0	–	-112,365	–	-0.90%	–
IVOL	Exit	KRANESHARES TR QUADRTC INT RTquadrtc int rt	$0	–	-268,215	–	-0.94%	–
IGHG	Exit	PROSHARES TRUST INVESTMENT GRADE INTEREST RATE HEDGEDinvt int rt hg	$0	–	-99,280	–	-0.94%	–
VDE	Exit	VANGUARD ENERGY INDEX FUNDenergy etf	$0	–	-103,625	–	-0.96%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETFutser1 s&pdcrp	$0	–	-17,585	–	-1.06%	–
XSOE	Exit	WISDOMTREE TR EM EX ST-OWNEDem ex st-owned	$0	–	-232,550	–	-1.09%	–
DBC	Exit	INVESCO DB COMMDY INDX TRCK FD UNITunit	$0	–	-442,065	–	-1.12%	–
SPY	Exit	SPDR S&P500 ETF TRUST TRUST UNIT DEPOSITARY RECEIPTtr unit	$0	–	-21,195	–	-1.14%	–
MBB	Exit	ISHARES TR MBS ETFmbs etf	$0	–	-96,125	–	-1.30%	–
TOTL	Exit	SSGA ACTIVE ETF TR SPDR TR TACTICspdr tr tactic	$0	–	-219,715	–	-1.33%	–
IJR	Exit	ISHARES CORE S&P SMALL-CAP Ecore s&p scp etf	$0	–	-106,660	–	-1.46%	–
XLP	Exit	CONSUMER STAPLES SELECT SECTOR SPDRsbi cons stpls	$0	–	-171,885	–	-1.48%	–
NOBL	Exit	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETFs&p 500 dv arist	$0	–	-141,775	–	-1.57%	–
XLV	Exit	HEALTH CARE SELECT SECTOR SPDRsbi healthcare	$0	–	-100,200	–	-1.60%	–
VUG	Exit	VANGUARD INDEX FDS VANGUARD GROWTH ETF FORMERLY VANGUARD INDEX TR VIPERSgrowth etf	$0	–	-45,515	–	-1.65%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD ETF SHSshrt trm corp bd	$0	–	-164,345	–	-1.70%	–
VTEB	Exit	VANGUARD MUN BD FDS TAX EXEMPT BDtax exempt bd	$0	–	-269,340	–	-1.85%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX USallwrld ex us	$0	–	-264,745	–	-2.02%	–
BND	Exit	VANGUARD BD INDEX FDS TOTAL BND MRKTtotal bnd mrkt	$0	–	-197,630	–	-2.11%	–
XLI	Exit	INDUSTRIAL SELECT SECTOR SPDR FUNDsbi int-inds	$0	–	-175,875	–	-2.15%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX FDS FTSE EMR MKT ETFftse emr mkt etf	$0	–	-344,455	–	-2.16%	–
PDP	Exit	INVESCO EXCHANGE TRADED FD TR DWA MOMENTUMdwa momentum	$0	–	-197,850	–	-2.22%	–
VEA	Exit	VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETFftse dev mkt etf	$0	–	-352,595	–	-2.23%	–
VFH	Exit	VANGUARD FINANCIALS ETFfinancials etf	$0	–	-192,665	–	-2.23%	–
VB	Exit	VANGUARD SMALL-CAP INDEX FUNDsmall cp etf	$0	–	-85,525	–	-2.33%	–
SHM	Exit	SPDR SER TR NUVEEN BLMBRG SRnuveen blmbrg sr	$0	–	-378,335	–	-2.34%	–
STIP	Exit	ISHARES 0-5 YEAR TIPS BOND ETF0-5 yr tips etf	$0	–	-185,845	–	-2.46%	–
TLT	Exit	ISHARES TR 20 YR TR BD ETF20 yr tr bd etf	$0	–	-150,780	–	-2.72%	–
TIP	Exit	ISHARES TRUST UNITED STATES TREASURYtips bd etf	$0	–	-185,400	–	-2.96%	–
QQQ	Exit	INVESCO QQQ TR UNIT SER 1unit ser 1	$0	–	-122,895	–	-5.50%	–
RSP	Exit	INVESCO EXCHANGE TRADED FD TR S&P500 EQL WGTs&p500 eql wgt	$0	–	-311,825	–	-5.84%	–
VTI	Exit	VANGUARD IDX FUNDtotal stk mkt	$0	–	-313,834	–	-8.72%	–
BSV	Exit	VANGUARD BD INDEX FDS SHORT TRM BONDshort trm bond	$0	–	-882,985	–	-9.05%	–

Q3 2021

			Value		Shares		↓ Weighting
BSV	Buy	VANGUARD BD INDEX FDS SHORT TRM BONDshort trm bond	$72,351,000	+182.2%	882,985	+183.0%	9.05%	+169.5%
VTI	Buy	VANGUARD IDX FUNDtotal stk mkt	$69,689,000	+11.0%	313,834	+11.4%	8.72%	+6.0%
RSP	Buy	INVESCO EXCHANGE TRADED FD TR S&P500 EQL WGTs&p500 eql wgt	$46,717,000	+1.1%	311,825	+1.7%	5.84%	-3.4%
QQQ	Buy	INVESCO QQQ TR UNIT SER 1unit ser 1	$43,991,000	+286.6%	122,895	+282.8%	5.50%	+269.1%
TIP	Buy	ISHARES TRUST UNITED STATES TREASURYtips bd etf	$23,673,000	+80.4%	185,400	+80.9%	2.96%	+72.3%
TLT	New	ISHARES TR 20 YR TR BD ETF20 yr tr bd etf	$21,760,000	–	150,780	–	2.72%	–
STIP	Sell	ISHARES 0-5 YEAR TIPS BOND ETF0-5 yr tips etf	$19,630,000	-42.0%	185,845	-41.7%	2.46%	-44.6%
SHM	Buy	SPDR SER TR NUVEEN BLMBRG SRnuveen blmbrg sr	$18,689,000	+92.6%	378,335	+93.2%	2.34%	+83.9%
VB	Sell	VANGUARD SMALL-CAP INDEX FUNDsmall cp etf	$18,602,000	-33.5%	85,525	-31.1%	2.33%	-36.5%
VFH	Sell	VANGUARD FINANCIALS ETFfinancials etf	$17,850,000	-7.3%	192,665	-9.5%	2.23%	-11.5%
VEA	Buy	VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETFftse dev mkt etf	$17,802,000	+106.9%	352,595	+111.1%	2.23%	+97.6%
PDP	Buy	INVESCO EXCHANGE TRADED FD TR DWA MOMENTUMdwa momentum	$17,700,000	+31.1%	197,850	+31.3%	2.22%	+25.2%
VWO	Sell	VANGUARD INTL EQUITY INDEX FDS FTSE EMR MKT ETFftse emr mkt etf	$17,226,000	-15.3%	344,455	-8.1%	2.16%	-19.2%
XLI	Buy	INDUSTRIAL SELECT SECTOR SPDR FUNDsbi int-inds	$17,207,000	+133.9%	175,875	+144.8%	2.15%	+123.3%
BND	Sell	VANGUARD BD INDEX FDS TOTAL BND MRKTtotal bnd mrkt	$16,887,000	-31.9%	197,630	-31.5%	2.11%	-34.9%
VEU	Buy	VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX USallwrld ex us	$16,138,000	+39.2%	264,745	+44.7%	2.02%	+32.9%
VTEB	New	VANGUARD MUN BD FDS TAX EXEMPT BDtax exempt bd	$14,751,000	–	269,340	–	1.85%	–
VCSH	Buy	VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD ETF SHSshrt trm corp bd	$13,543,000	+133.6%	164,345	+134.5%	1.70%	+123.3%
VUG	New	VANGUARD INDEX FDS VANGUARD GROWTH ETF FORMERLY VANGUARD INDEX TR VIPERSgrowth etf	$13,207,000	–	45,515	–	1.65%	–
XLV	Buy	HEALTH CARE SELECT SECTOR SPDRsbi healthcare	$12,755,000	+2.0%	100,200	+0.9%	1.60%	-2.6%
NOBL	Buy	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETFs&p 500 dv arist	$12,551,000	+53.3%	141,775	+56.9%	1.57%	+46.3%
XLP	Buy	CONSUMER STAPLES SELECT SECTOR SPDRsbi cons stpls	$11,832,000	+0.1%	171,885	+1.7%	1.48%	-4.5%
IJR	Sell	ISHARES CORE S&P SMALL-CAP Ecore s&p scp etf	$11,646,000	-4.9%	106,660	-1.6%	1.46%	-9.2%
TOTL	Buy	SSGA ACTIVE ETF TR SPDR TR TACTICspdr tr tactic	$10,616,000	+139.4%	219,715	+139.8%	1.33%	+128.6%
MBB	Buy	ISHARES TR MBS ETFmbs etf	$10,394,000	+91.1%	96,125	+91.2%	1.30%	+82.3%
SPY	Sell	SPDR S&P500 ETF TRUST TRUST UNIT DEPOSITARY RECEIPTtr unit	$9,095,000	+0.5%	21,195	-0.2%	1.14%	-4.0%
DBC	Buy	INVESCO DB COMMDY INDX TRCK FD UNITunit	$8,920,000	+33.6%	442,065	+27.5%	1.12%	+27.7%
MDY	Sell	SPDR S&P MIDCAP 400 ETFutser1 s&pdcrp	$8,456,000	-60.0%	17,585	-59.1%	1.06%	-61.7%
VDE	Sell	VANGUARD ENERGY INDEX FUNDenergy etf	$7,657,000	-61.4%	103,625	-60.4%	0.96%	-63.1%
IGHG	New	PROSHARES TRUST INVESTMENT GRADE INTEREST RATE HEDGEDinvt int rt hg	$7,508,000	–	99,280	–	0.94%	–
IVOL	New	KRANESHARES TR QUADRTC INT RTquadrtc int rt	$7,475,000	–	268,215	–	0.94%	–
XLU	Sell	UTILITIES SELECT SECTOR SPDR FUNDsbi int-utils	$7,177,000	-43.1%	112,365	-43.7%	0.90%	-45.7%
IWM	Buy	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$7,164,000	+16.8%	32,750	+22.5%	0.90%	+11.4%
VAW	Sell	VANGUARD MATERIALS INDEX FUNDmaterials etf	$6,359,000	-11.1%	36,710	-7.2%	0.80%	-15.0%
XLK	Buy	SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIStechnology	$6,335,000	+22525.0%	42,430	+22231.6%	0.79%	+19725.0%
IYR	Sell	ISHARES U S REAL ESTATE ETFu.s. real es etf	$5,892,000	-5.8%	57,550	-6.3%	0.74%	-10.1%
FUTY	Sell	FIDELITY MSCI UTILS INDEX ETFmsci utils index	$5,836,000	-42.1%	141,810	-42.3%	0.73%	-44.7%
MUB	Sell	ISHARES NATIONAL MUNI BOND ETFnational mun etf	$5,771,000	-14.7%	49,680	-14.0%	0.72%	-18.6%
VTV	Buy	VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TRvalue etf	$5,045,000	+2002.1%	37,275	+2030.0%	0.63%	+1935.5%
VCLT	New	VANGUARD SCOTTSDALE FUNDS LONG-TERM CORP BOND IDX FUNDlg-term cor bd	$4,821,000	–	45,670	–	0.60%	–
IWD	Sell	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$4,716,000	-13.4%	30,135	-12.2%	0.59%	-17.3%
GEM	Sell	GOLDMAN SACHS ETF TR ACTIVEBETA EMEactivebeta eme	$3,984,000	-15.0%	107,405	-6.5%	0.50%	-18.9%
MTUM	Sell	ISHARES TR MSCI USA MMENTMmsci usa mmentm	$3,894,000	-72.4%	22,180	-72.7%	0.49%	-73.6%
XLRE	Buy	SELECT SECTOR SPDR TR RL EST SEL SECrl est sel sec	$3,214,000	+79.3%	72,310	+78.7%	0.40%	+71.1%
IAU	Sell	ISHARES GOLD TR ISHARES NEW ISIN #US4642852044 SEDOL #BKP74N6ishares new	$2,970,000	-37.7%	88,925	-37.1%	0.37%	-40.4%
VO	Sell	VANGUARD MID-CAP INDEX FUNDmid cap etf	$2,897,000	-77.1%	12,240	-77.0%	0.36%	-78.2%
IWP	New	ISHARES TR RUS MD CP GR ETFrus md cp gr etf	$2,847,000	–	25,410	–	0.36%	–
GLD	Sell	SPDR GOLD TR GOLD SHS	$2,605,000	-75.3%	15,865	-75.1%	0.33%	-76.4%
EFAV	Sell	ISHARES TR MSCI EAFE MIN VLmsci eafe min vl	$2,324,000	-79.5%	30,855	-79.4%	0.29%	-80.4%
OXY	Buy	OCCIDENTAL PETE CORP COM	$1,836,000	+51.2%	62,100	+59.8%	0.23%	+44.7%
WAL	Buy	WESTERN ALLIANCE BANCORP	$1,828,000	+83.0%	16,800	+56.0%	0.23%	+74.8%
XLF	Sell	SELECT SECTOR SPDR TR FINANCIALfinancial	$1,813,000	-62.4%	48,325	-63.2%	0.23%	-64.1%
VOE	Sell	VANGUARD MID-CAP VALUE INDEX FUNDmcap vl idxvip	$1,787,000	-92.4%	12,800	-92.4%	0.22%	-92.7%
DVN	Buy	DEVON ENERGY CORP NEW	$1,721,000	+22.7%	48,475	+0.8%	0.22%	+16.8%
EWBC	Buy	EAST WEST BANCORP INC	$1,717,000	+70.7%	22,150	+57.8%	0.22%	+62.9%
SPLV	Sell	INVESCO EXCH TRADED FD TR II S&P500 LOW VOLs&p500 low vol	$1,663,000	-22.6%	27,350	-23.2%	0.21%	-26.0%
IBM	Buy	INTERNATIONAL BUS MACH CORP COM USD0.20	$1,657,000	+47.8%	11,930	+55.9%	0.21%	+40.8%
FHN	Buy	FIRST HORIZON CORPORATION COM	$1,625,000	+50.7%	99,755	+59.8%	0.20%	+44.0%
VMW	Buy	VMWARE INC	$1,613,000	+49.1%	10,850	+60.3%	0.20%	+42.3%
TRGP	Buy	TARGA RESOURCES CORP	$1,610,000	+11.6%	32,725	+0.8%	0.20%	+6.3%
IAC	Buy	IAC INTERACTIVECORP NEW COM NEW	$1,601,000	+114.3%	12,290	+153.4%	0.20%	+104.1%
TWTR	Buy	TWITTER INC COM USD0.000005	$1,532,000	+37.3%	25,380	+56.4%	0.19%	+31.5%
VGSH	Sell	VANGUARD SHORT TERM TREASURY ETFshort term treas	$1,538,000	-23.2%	25,055	-23.2%	0.19%	-26.7%
LYFT	Buy	LYFT INC CL A COM	$1,514,000	+54.6%	28,255	+74.5%	0.19%	+47.7%
SYF	Buy	SYNCHRONY FINANCIAL COM	$1,448,000	+1.6%	29,638	+0.9%	0.18%	-3.2%
ORCL	Buy	ORACLE CORP	$1,448,000	+12.9%	16,625	+0.8%	0.18%	+7.7%
MO	Buy	ALTRIA GROUP INC	$1,419,000	+52.9%	31,175	+60.1%	0.18%	+45.9%
AMP	Buy	AMERIPRISE FINANCIAL INC COM USD0.01	$1,422,000	+6.9%	5,385	+0.7%	0.18%	+2.3%
VZ	New	VERIZON COMMUNICATIONS INC	$1,371,000	–	25,390	–	0.17%	–
BIO	Buy	BIO RAD LABORATORIES INCcl a	$1,373,000	+16.5%	1,841	+0.5%	0.17%	+11.7%
VXUS	Sell	VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDvg tl intl stk f	$1,369,000	-19.8%	21,650	-17.2%	0.17%	-23.7%
DFS	Buy	DISCOVER FINANCIAL SERVICES	$1,335,000	+4.7%	10,875	+0.8%	0.17%	0.0%
KSS	Buy	KOHLS CORP COM	$1,326,000	+35.4%	28,165	+58.5%	0.17%	+29.7%
MRO	Buy	MARATHON OIL CORP COM	$1,329,000	+1.5%	97,260	+1.2%	0.17%	-2.9%
FLOT	Sell	ISHARES TR FLTG RATE NT ETFfltg rate nt etf	$1,318,000	-33.0%	25,935	-33.0%	0.16%	-36.0%
Z	Buy	ZILLOW GROUP INC CL C CAP STKcl c cap stk	$1,297,000	+21.8%	14,720	+68.8%	0.16%	+15.7%
LMT	Buy	LOCKHEED MARTIN CORP COM USD1.00	$1,285,000	+21.3%	3,725	+33.0%	0.16%	+15.8%
MAS	Buy	MASCO CORP COM USD1.00	$1,263,000	+24.3%	22,737	+31.7%	0.16%	+18.8%
ON	Buy	ON SEMICONDUCTOR CORP COM USD0.01	$1,245,000	+20.8%	27,215	+1.0%	0.16%	+15.6%
MHK	Buy	MOHAWK INDUSTRIES COM USD0.01	$1,235,000	+60.6%	6,965	+73.9%	0.16%	+53.5%
EBAY	Buy	EBAY INC. COM	$1,213,000	+0.2%	17,420	+0.9%	0.15%	-4.4%
MOH	Buy	MOLINA HEALTHCARE INC	$1,208,000	+8.1%	4,455	+0.9%	0.15%	+3.4%
ALLY	Buy	ALLY FINANCIAL INC COM USD0.01	$1,195,000	+3.5%	23,425	+1.1%	0.15%	-0.7%
XLE	Sell	SELECT SECTOR SPDR TR ENERGYenergy	$1,194,000	-57.0%	22,935	-55.5%	0.15%	-59.0%
URI	Buy	UNITED RENTALS INC	$1,186,000	+11.4%	3,380	+1.2%	0.15%	+5.7%
EA	Buy	ELECTRONIC ARTS INC	$1,170,000	+0.5%	8,225	+1.6%	0.15%	-3.9%
ABC	Buy	AMERISOURCEBERGEN CORPORATION COM USD0.01	$1,168,000	+5.4%	9,785	+1.0%	0.15%	+0.7%
TFLO	Sell	ISHARES TREASURY FLOATING RAtrs flt rt bd	$1,137,000	-24.7%	22,620	-24.7%	0.14%	-28.3%
MU	Buy	MICRON TECHNOLOGY INC	$1,122,000	-12.2%	15,815	+5.1%	0.14%	-16.2%
JWN	Buy	NORDSTROM INC COM NPV	$1,108,000	+8.0%	41,902	+49.3%	0.14%	+3.7%
DVA	Buy	DAVITA INC COM	$1,114,000	-2.5%	9,585	+0.9%	0.14%	-7.3%
	New	BATH &BODY WORKS INC COMMON STOCK	$1,093,000	–	17,345	–	0.14%	–
AMAT	Buy	APPLIED MATERIALS INC COM USD0.01	$1,089,000	-8.6%	8,465	+1.1%	0.14%	-12.8%
BIIB	Buy	BIOGEN INC COM USD0.0005	$1,073,000	-17.7%	3,795	+0.8%	0.13%	-21.6%
FCX	Buy	FREEPORT-MCMORAN INC COM USD0.10cl b	$1,070,000	-10.9%	32,915	+1.7%	0.13%	-14.6%
MCK	Buy	MCKESSON CORP	$1,064,000	+5.5%	5,340	+1.1%	0.13%	+0.8%
IVZ	Buy	INVESCO LTD	$1,052,000	-8.7%	43,645	+1.2%	0.13%	-12.6%
	New	GENERAL ELECTRIC CO COM NEW	$1,055,000	–	10,249	–	0.13%	–
VIACA	Buy	VIACOMCBS INC CL Acl a	$1,049,000	-1.8%	24,951	+13.1%	0.13%	-6.4%
OMC	Buy	OMNICOM GROUP INC COM USD0.15	$1,047,000	-6.4%	14,460	+3.3%	0.13%	-10.9%
CMI	Buy	CUMMINS INC	$1,049,000	-6.5%	4,675	+1.5%	0.13%	-10.9%
CE	Buy	CELANESE CORP DEL COM	$1,035,000	+0.5%	6,875	+1.2%	0.13%	-4.4%
DHI	Buy	DR HORTON INC COM STK USD0.01	$1,009,000	-6.1%	12,020	+1.1%	0.13%	-10.6%
UAA	Buy	UNDER ARMOUR INC COM STK USD0.000333 CLASS Acl a	$991,000	-3.5%	49,145	+1.2%	0.12%	-8.1%
MAT	Buy	MATTEL INC COM USD1.00	$992,000	-6.6%	53,450	+1.1%	0.12%	-10.8%
WHR	Buy	WHIRLPOOL CORP	$985,000	-4.7%	4,835	+1.9%	0.12%	-8.9%
VIG	Sell	VANGUARD SPECIALIZED FUNDS DIV APP ETFdiv app etf	$852,000	-57.5%	5,550	-57.2%	0.11%	-59.3%
XLB	Sell	MATERIALS SELECT SECTOR SPDRsbi materials	$768,000	-66.3%	9,715	-64.9%	0.10%	-67.9%
BSCL	Sell	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2021 CB	$737,000	-77.8%	34,965	-77.8%	0.09%	-78.9%
AMRN	Buy	AMARIN CORP ADR EACH REP 1 ORD GBP0.50spons adr new	$722,000	+35.7%	141,572	+16.5%	0.09%	+28.6%
SCHF	Sell	SCHWAB STRATEGIC TR INTL EQUITY ETFintl eqty etf	$659,000	-93.4%	17,050	-93.3%	0.08%	-93.7%
BSCN	Sell	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2023 CB	$636,000	-80.4%	29,380	-80.3%	0.08%	-81.2%
IBMM	Sell	ISHARES TR IBONDS DEC 2024 TERM MUNI BD ETFibonds dec	$612,000	-81.6%	22,720	-81.6%	0.08%	-82.3%
IBMK	Sell	ISHARES IBONDS DEC 2022 TERM MUNI BOND ETFibonds dec2022	$608,000	-81.9%	23,240	-81.8%	0.08%	-82.7%
IBB	Sell	ISHARES TR ISHARES BIOTECHishares biotech	$521,000	-94.0%	3,223	-94.0%	0.06%	-94.3%
SHV	Buy	ISHARES TR SHORT TREAS BDshort treas bd	$481,000	+8.6%	4,360	+8.7%	0.06%	+3.4%
IJH	Sell	ISHARES S&P MIDCAP 400 INDEX FUNDcore s&p mcp etf	$463,000	-17.9%	1,760	-16.2%	0.06%	-21.6%
BSCP	Sell	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2025 CB	$441,000	-41.0%	19,900	-40.7%	0.06%	-43.9%
IVE	Sell	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$421,000	-7.9%	2,900	-6.5%	0.05%	-11.7%
VNQ	Buy	VANGUARD REAL ESTATE ETFreal estate etf	$402,000	+11.4%	3,955	+11.3%	0.05%	+6.4%
IBMJ	Sell	ISHARES IBONDS DEC 2021 TERM MUNI BOND ETFibonds dec2021	$349,000	-37.6%	13,675	-37.3%	0.04%	-39.7%
	New	VICTORIAS SECRET AND CO COMMON STOCK	$320,000	–	5,806	–	0.04%	–
SWAN	Sell	AMPLIFY ETF TR BLACKSWAN GRWTblackswan grwt	$283,000	-51.5%	8,272	-51.5%	0.04%	-54.5%
VSS	Sell	VANGUARD INTL EQUITY INDEX FDS FTSE SMCAP ETFftse smcap etf	$250,000	-22.8%	1,875	-21.1%	0.03%	-26.2%
COPX	New	GLOBAL X FDS GLOBAL X COPPERglobal x copper	$184,000	–	5,400	–	0.02%	–
IBDQ	Sell	ISHARES IBONDS DEC 2025 TERM CORPORATE ETFibonds dec25 etf	$170,000	-93.2%	6,350	-93.2%	0.02%	-93.6%
USMV	Sell	ISHARES TR MSCI USA MIN VOLmsci usa min vol	$150,000	-91.5%	2,050	-91.5%	0.02%	-91.8%
MINT	New	PIMCO ETF TRUST ENHANCED SHORT MATURITY ACTIVE ETF USDenhan shrt ma ac	$155,000	–	1,525	–	0.02%	–
NVDA	Buy	NVIDIA CORPORATION COM	$102,000	+3.0%	496	+300.0%	0.01%	0.0%
VTIP	Sell	VANGUARD SHT-TERM INFLATION-PROTECTED SEC IDXstrm infproidx	$92,000	-92.6%	1,750	-92.7%	0.01%	-92.7%
INTC	Sell	INTEL CORP COM USD0.001	$42,000	-78.7%	797	-77.4%	0.01%	-80.8%
VMEO	Sell	VIMEO INC COMMON STOCK	$27,000	-93.0%	942	-88.0%	0.00%	-94.0%
AVIR	New	ATEA PHARMACEUTICALS INC COM	$17,000	–	500	–	0.00%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETFselect divid etf	$0	–	-830	–	-0.01%	–
XMLV	Exit	INVESCO EXCH TRADED FD TR II S&P MIDCP LOWs&p midcp low	$0	–	-6,100	–	-0.04%	–
AGG	Exit	ISHARES CORE US AGGREGATE BOND ETFcore us aggbd et	$0	–	-3,150	–	-0.05%	–
GE	Exit	GENERAL ELECTRIC CO COM USD0 06	$0	–	-80,725	–	-0.14%	–
LB	Exit	L BRANDS INC COM	$0	–	-17,215	–	-0.16%	–
VBR	Exit	VANGUARD SMALL CAP VALUE ETFsm cp val etf	$0	–	-104,175	–	-2.37%	–
VYM	Exit	VANGUARD WHITEHALL FDS HIGH DIV YLDhigh div yld	$0	–	-196,200	–	-2.69%	–

Q2 2021

			Value		Shares		↓ Weighting
VTI	New	VANGUARD IDX FUNDtotal stk mkt	$62,771,000	–	281,714	–	8.22%	–
RSP	New	INVESCO EXCHANGE TRADED FD TR S&P500 EQL WGTs&p500 eql wgt	$46,208,000	–	306,570	–	6.05%	–
STIP	New	ISHARES 0 5 YEAR TIPS BOND ETF0-5 yr tips etf	$33,860,000	–	318,510	–	4.44%	–
VB	New	VANGUARD SMALL CAP INDEX FUNDsmall cp etf	$27,968,000	–	124,150	–	3.66%	–
BSV	New	VANGUARD BD INDEX FDS SHORT TRM BONDshort trm bond	$25,638,000	–	312,055	–	3.36%	–
BND	New	VANGUARD BD INDEX FDS TOTAL BND MRKTtotal bnd mrkt	$24,781,000	–	288,530	–	3.25%	–
VOE	New	VANGUARD MID CAP VALUE INDEX FUNDmcap vl idxvip	$23,532,000	–	167,490	–	3.08%	–
MDY	New	SPDR S&P MIDCAP 400 ETFutser1 s&pdcrp	$21,115,000	–	43,005	–	2.77%	–
VYM	New	VANGUARD WHITEHALL FDS HIGH DIV YLDhigh div yld	$20,555,000	–	196,200	–	2.69%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDS FTSE EMR MKT ETFftse emr mkt etf	$20,347,000	–	374,645	–	2.67%	–
VDE	New	VANGUARD ENERGY INDEX ETFenergy etf	$19,836,000	–	261,385	–	2.60%	–
VFH	New	VANGUARD FINANCIALS ETFfinancials etf	$19,254,000	–	212,875	–	2.52%	–
VBR	New	VANGUARD SMALL CAP VALUE ETFsm cp val etf	$18,091,000	–	104,175	–	2.37%	–
MTUM	New	ISHARES TR MSCI USA MMENTMmsci usa mmentm	$14,099,000	–	81,300	–	1.85%	–
PDP	New	INVESCO EXCHANGE TRADED FD TR DWA MOMENTUMdwa momentum	$13,506,000	–	150,700	–	1.77%	–
TIP	New	ISHARES TRUST UNITED STATES TREASURYtips bd etf	$13,120,000	–	102,490	–	1.72%	–
VO	New	VANGUARD MID CAP INDEX FUNDmid cap etf	$12,657,000	–	53,330	–	1.66%	–
XLU	New	UTILITIES SELECT SECTOR SPDR FUNDsbi int-utils	$12,617,000	–	199,555	–	1.65%	–
XLV	New	HEALTH CARE SELECT SECTOR SPDRsbi healthcare	$12,505,000	–	99,290	–	1.64%	–
IJR	New	ISHARES CORE S&P SMALL CAP Ecore s&p scp etf	$12,242,000	–	108,360	–	1.60%	–
XLP	New	CONSUMER STAPLES SELECT SECTOR SPDRsbi cons stpls	$11,823,000	–	168,985	–	1.55%	–
VEU	New	VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX USallwrld ex us	$11,596,000	–	182,945	–	1.52%	–
QQQ	New	INVESCO QQQ TR UNIT SER 1unit ser 1	$11,378,000	–	32,105	–	1.49%	–
EFAV	New	ISHARES TR MSCI EAFE MIN VLmsci eafe min vl	$11,317,000	–	149,825	–	1.48%	–
GLD	New	SPDR GOLD TR GOLD SHS	$10,554,000	–	63,726	–	1.38%	–
FUTY	New	FIDELITY MSCI UTILS INDEX ETFmsci utils index	$10,076,000	–	245,580	–	1.32%	–
SCHF	New	SCHWAB STRATEGIC TR INTL EQUITY ETFintl eqty etf	$9,970,000	–	252,750	–	1.31%	–
XSOE	New	WISDOMTREE TR EM EX ST-OWNEDem ex st-owned	$9,783,000	–	232,550	–	1.28%	–
SHM	New	SPDR SER TR NUVEEN BLMBRG SRnuveen blmbrg sr	$9,703,000	–	195,785	–	1.27%	–
SPY	New	SPDR S&P500 ETF TRUST TRUST UNIT DEPOSITARY RECEIPTtr unit	$9,046,000	–	21,230	–	1.18%	–
IBB	New	ISHARES TR ISHARES BIOTECHishares biotech	$8,718,000	–	53,328	–	1.14%	–
VEA	New	VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETFftse dev mkt etf	$8,605,000	–	167,025	–	1.13%	–
NOBL	New	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETFs&p 500 dv arist	$8,189,000	–	90,360	–	1.07%	–
XLI	New	INDUSTRIAL SELECT SECTOR SPDR FUNDsbi int-inds	$7,357,000	–	71,855	–	0.96%	–
VAW	New	VANGUARD MATERIALS INDEX FUNDmaterials etf	$7,152,000	–	39,560	–	0.94%	–
MUB	New	ISHARES NATIONAL MUNI BOND ETFnational mun etf	$6,769,000	–	57,760	–	0.89%	–
DBC	New	INVESCO DB COMMDY INDX TRCK FD UNITunit	$6,675,000	–	346,765	–	0.87%	–
IYR	New	ISHARES U S REAL ESTATE ETFu.s. real es etf	$6,258,000	–	61,390	–	0.82%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$6,134,000	–	26,745	–	0.80%	–
VCSH	New	VANGUARD SCOTTSDALE FDS VANGUARD SHORT TERM CORPORATE BD INDEX FD ETF SHSshrt trm corp bd	$5,797,000	–	70,095	–	0.76%	–
MBB	New	ISHARES TR MBS ETFmbs etf	$5,440,000	–	50,270	–	0.71%	–
IWD	New	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$5,444,000	–	34,325	–	0.71%	–
XLF	New	SELECT SECTOR SPDR TR FINANCIALfinancial	$4,824,000	–	131,485	–	0.63%	–
IAU	New	ISHARES GOLD TR ISHARES NEW ISIN #US4642852044 SEDOL BKP74N6ishares new	$4,765,000	–	141,375	–	0.62%	–
GEM	New	GOLDMAN SACHS ETF TR ACTIVEBETA EMEactivebeta eme	$4,687,000	–	114,870	–	0.61%	–
TOTL	New	SSGA ACTIVE ETF TR SPDR TR TACTICspdr tr tactic	$4,435,000	–	91,620	–	0.58%	–
IBMK	New	ISHARES IBONDS DEC 2022 TERM MUNI BOND ETFibonds dec2022	$3,361,000	–	128,015	–	0.44%	–
IBMM	New	ISHARES TR IBONDS DEC 2024 TERM MUNI BD ETFibonds dec	$3,328,000	–	123,325	–	0.44%	–
BSCL	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2021 CB	$3,326,000	–	157,640	–	0.44%	–
BSCN	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2023 CB	$3,242,000	–	149,205	–	0.42%	–
XLE	New	SELECT SECTOR SPDR TR ENERGYenergy	$2,774,000	–	51,510	–	0.36%	–
IBDQ	New	ISHARES IBONDS DEC 2025 TERM CORPORATE ETFibonds dec25 etf	$2,516,000	–	93,250	–	0.33%	–
XLB	New	MATERIALS SELECT SECTOR SPDRsbi materials	$2,279,000	–	27,690	–	0.30%	–
SPLV	New	INVESCO EXCH TRADED FD TR II S&P500 LOW VOLs&p500 low vol	$2,148,000	–	35,630	–	0.28%	–
VIG	New	VANGUARD SPECIALIZED FUNDS DIV APP ETFdiv app etf	$2,005,000	–	12,955	–	0.26%	–
VGSH	New	VANGUARD SHORT TERM TREASURY ETFshort term treas	$2,003,000	–	32,610	–	0.26%	–
FLOT	New	ISHARES TR FLTG RATE NT ETFfltg rate nt etf	$1,968,000	–	38,735	–	0.26%	–
XLRE	New	SELECT SECTOR SPDR TR RL EST SEL SECrl est sel sec	$1,793,000	–	40,455	–	0.24%	–
USMV	New	ISHARES TR MSCI USA MIN VOLmsci usa min vol	$1,766,000	–	23,995	–	0.23%	–
VXUS	New	VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDvg tl intl stk f	$1,707,000	–	26,150	–	0.22%	–
TFLO	New	ISHARES TREASURY FLOATING RAtrs flt rt bd	$1,510,000	–	30,040	–	0.20%	–
TRGP	New	TARGA RESOURCES CORP	$1,443,000	–	32,465	–	0.19%	–
SYF	New	SYNCHRONY FINANCIAL COM	$1,425,000	–	29,388	–	0.19%	–
DVN	New	DEVON ENERGY CORP NEW	$1,403,000	–	48,075	–	0.18%	–
AMP	New	AMERIPRISE FINANCIAL INC COM USD0 01	$1,330,000	–	5,345	–	0.17%	–
BIIB	New	BIOGEN INC COM USD0 0005	$1,303,000	–	3,765	–	0.17%	–
MRO	New	MARATHON OIL CORP COM	$1,309,000	–	96,150	–	0.17%	–
ORCL	New	ORACLE CORP	$1,283,000	–	16,495	–	0.17%	–
DFS	New	DISCOVER FINANCIAL SERVICES	$1,275,000	–	10,785	–	0.17%	–
MU	New	MICRON TECHNOLOGY INC	$1,278,000	–	15,045	–	0.17%	–
VTIP	New	VANGUARD SHT TERM INFLATION PROTECTED SEC IDXstrm infproidx	$1,249,000	–	23,850	–	0.16%	–
LB	New	L BRANDS INC COM	$1,240,000	–	17,215	–	0.16%	–
EBAY	New	EBAY INC COM	$1,211,000	–	17,260	–	0.16%	–
OXY	New	OCCIDENTAL PETE CORP COM	$1,214,000	–	38,850	–	0.16%	–
FCX	New	FREEPORT-MCMORAN INC COM USD0 10cl b	$1,201,000	–	32,375	–	0.16%	–
AMAT	New	APPLIED MATERIALS INC COM USD0 01	$1,192,000	–	8,375	–	0.16%	–
BIO	New	BIO RAD LABORATORIES INCcl a	$1,179,000	–	1,831	–	0.15%	–
EA	New	ELECTRONIC ARTS INC	$1,164,000	–	8,095	–	0.15%	–
IVZ	New	INVESCO LTD	$1,152,000	–	43,125	–	0.15%	–
ALLY	New	ALLY FINANCIAL INC COM USD	$1,155,000	–	23,175	–	0.15%	–
DVA	New	DAVITA INC COM	$1,143,000	–	9,495	–	0.15%	–
OMC	New	OMNICOM GROUP INC COM USD0 15	$1,119,000	–	14,000	–	0.15%	–
CMI	New	CUMMINS INC	$1,122,000	–	4,605	–	0.15%	–
IBM	New	INTERNATIONAL BUS MACH CORP COM USD0 20	$1,121,000	–	7,650	–	0.15%	–
TWTR	New	TWITTER INC COM USD0 000005	$1,116,000	–	16,230	–	0.15%	–
MOH	New	MOLINA HEALTHCARE INC	$1,117,000	–	4,415	–	0.15%	–
ABC	New	AMERISOURCEBERGEN CORPORATION COM	$1,108,000	–	9,685	–	0.14%	–
VMW	New	VMWARE INC	$1,082,000	–	6,770	–	0.14%	–
GE	New	GENERAL ELECTRIC CO COM USD0 06	$1,086,000	–	80,725	–	0.14%	–
DHI	New	DR HORTON INC COM STK USD0 01	$1,074,000	–	11,890	–	0.14%	–
NVR	New	NVR INC COM USD0 01	$1,079,000	–	217	–	0.14%	–
FHN	New	FIRST HORIZON CORPORATION COM	$1,078,000	–	62,415	–	0.14%	–
URI	New	UNITED RENTALS INC	$1,065,000	–	3,340	–	0.14%	–
VIACA	New	VIACOMCBS INC CL Acl a	$1,068,000	–	22,060	–	0.14%	–
Z	New	ZILLOW GROUP INC CL C CAP STKcl c cap stk	$1,065,000	–	8,720	–	0.14%	–
LMT	New	LOCKHEED MARTIN CORP COM USD1 00	$1,059,000	–	2,800	–	0.14%	–
MAT	New	MATTEL INC COM USD1 00	$1,062,000	–	52,850	–	0.14%	–
UAA	New	UNDER ARMOUR INC COM STK USD0 000333 CLASS Acl a	$1,027,000	–	48,585	–	0.14%	–
WHR	New	WHIRLPOOL CORP	$1,034,000	–	4,745	–	0.14%	–
CE	New	CELANESE CORP DEL COM	$1,030,000	–	6,795	–	0.14%	–
ON	New	ON SEMICONDUCTOR CORP COM USD0 01	$1,031,000	–	26,935	–	0.14%	–
JWN	New	NORDSTROM INC COM NPV	$1,026,000	–	28,060	–	0.13%	–
MAS	New	MASCO CORP COM USD1.00	$1,016,000	–	17,260	–	0.13%	–
EWBC	New	EAST WEST BANCORP INC	$1,006,000	–	14,040	–	0.13%	–
MCK	New	MCKESSON CORP	$1,009,000	–	5,280	–	0.13%	–
WAL	New	WESTERN ALLIANCE BANCORP	$999,000	–	10,770	–	0.13%	–
KSS	New	KOHLS CORP COM	$979,000	–	17,765	–	0.13%	–
LYFT	New	LYFT INC CL A COM	$979,000	–	16,195	–	0.13%	–
MO	New	ALTRIA GROUP INC	$928,000	–	19,475	–	0.12%	–
MHK	New	MOHAWK INDUSTRIES COM USD0.01	$769,000	–	4,005	–	0.10%	–
IAC	New	IAC INTERACTIVECORP NEW COM NEW	$747,000	–	4,850	–	0.10%	–
BSCP	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2025 CB	$748,000	–	33,550	–	0.10%	–
IWN	New	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$697,000	–	4,210	–	0.09%	–
SWAN	New	AMPLIFY ETF TR BLACKSWAN GRWTblackswan grwt	$584,000	–	17,047	–	0.08%	–
IJH	New	ISHARES S&P MIDCAP 400 INDEX FUNDcore s&p mcp etf	$564,000	–	2,100	–	0.07%	–
IBMJ	New	ISHARES IBONDS DEC 2021 TERM MUNI BOND ETFibonds dec2021	$559,000	–	21,825	–	0.07%	–
AMRN	New	AMARIN CORP ADR EACH REP 1 ORDspons adr new	$532,000	–	121,572	–	0.07%	–
IVE	New	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$457,000	–	3,100	–	0.06%	–
SHV	New	ISHARES TR SHORT TREAS BDshort treas bd	$443,000	–	4,010	–	0.06%	–
VMEO	New	VIMEO INC COMMON STOCK	$385,000	–	7,871	–	0.05%	–
AGG	New	ISHARES CORE US AGGREGATE BOND ETFcore us aggbd et	$363,000	–	3,150	–	0.05%	–
VNQ	New	VANGUARD REAL ESTATE ETFreal estate etf	$361,000	–	3,555	–	0.05%	–
XMLV	New	INVESCO EXCH TRADED FD TR II S&P MIDCP LOWs&p midcp low	$326,000	–	6,100	–	0.04%	–
VSS	New	VANGUARD INTL EQUITY INDEX FDS FTSE SMCAP ETFftse smcap etf	$324,000	–	2,375	–	0.04%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$250,000	–	2,050	–	0.03%	–
IEMG	New	ISHARES INC CORE MSCI EMERGING MKTS ETFcore msci emkt	$239,000	–	3,580	–	0.03%	–
VTV	New	VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TRvalue etf	$240,000	–	1,750	–	0.03%	–
INTC	New	INTEL CORP COM USD0 001	$197,000	–	3,522	–	0.03%	–
ARCC	New	ARES CAPITAL CORP COM	$195,000	–	10,000	–	0.03%	–
CMBS	New	ISHARES TRUST CMBS ETFcmbs etf	$178,000	–	3,275	–	0.02%	–
VGK	New	VANGUARD INTL EQUITY INDEX FDS FTSE EUROPE ETFftse europe etf	$168,000	–	2,500	–	0.02%	–
BNDX	New	VANGUARD CHARLOTTE TOTAL INTL BD INDEX FD ETFintl bd idx etf	$122,000	–	2,150	–	0.02%	–
LEN	New	LENNAR CORP COM USD0 10 CLASS Acl a	$117,000	–	1,184	–	0.02%	–
SCZ	New	ISHARES TR EAFE SML CP ETFeafe sml cp etf	$104,000	–	1,405	–	0.01%	–
BAC	New	BK OF AMERICA CORP COM	$98,000	–	2,384	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETFselect divid etf	$96,000	–	830	–	0.01%	–
NVDA	New	NVIDIA CORPORATION COM	$99,000	–	124	–	0.01%	–
GOOGL	New	ALPHABET INC CAP STK CL Acap stk cl a	$95,000	–	39	–	0.01%	–
FB	New	FACEBOOK INC CLASS Acl a	$95,000	–	275	–	0.01%	–
ADBE	New	ADOBE SYSTEMS INCORPORATED COM	$82,000	–	141	–	0.01%	–
T	New	AT&T INC COM USD1	$86,000	–	3,000	–	0.01%	–
DIS	New	DISNEY WALT CO COM	$83,000	–	475	–	0.01%	–
JPM	New	JPMORGAN CHASE & CO	$86,000	–	555	–	0.01%	–
MSFT	New	MICROSOFT CORP	$74,000	–	274	–	0.01%	–
TGT	New	TARGET CORP	$76,000	–	318	–	0.01%	–
CRM	New	SALESFORCE COM INC COM USD0 001	$75,000	–	308	–	0.01%	–
AAPL	New	APPLE INC	$68,000	–	501	–	0.01%	–
CMCSA	New	COMCAST CORPcl a	$72,000	–	1,280	–	0.01%	–
AMZN	New	AMAZON.COM INC	$68,000	–	20	–	0.01%	–
ANSS	New	ANSYS INC COM USD0 01	$65,000	–	188	–	0.01%	–
CAT	New	CATERPILLAR INC COM	$65,000	–	303	–	0.01%	–
VOX	New	VANGUARD WORLD FDS COMM SRVC ETF	$71,000	–	500	–	0.01%	–
V	New	VISA INC	$69,000	–	298	–	0.01%	–
UNH	New	UNITEDHEALTH GROUP INC	$64,000	–	162	–	0.01%	–
DUK	New	DUKE ENERGY CORP NEW COM NEW ISIN US26441C2044 SEDOL B7JZSK0	$58,000	–	591	–	0.01%	–
CSCO	New	CISCO SYSTEMS INC	$61,000	–	1,167	–	0.01%	–
MDT	New	MEDTRONIC PLC	$62,000	–	506	–	0.01%	–
JNJ	New	JOHNSON &JOHNSON COM USD1 00	$53,000	–	324	–	0.01%	–
WEC	New	WEC ENERGY GROUP INC COM	$53,000	–	602	–	0.01%	–
PG	New	PROCTER AND GAMBLE CO COM	$53,000	–	399	–	0.01%	–
HRTX	New	HERON THERAPEUTICS INC	$46,000	–	3,000	–	0.01%	–
MRK	New	MERCK & CO INC COM	$45,000	–	584	–	0.01%	–
LLY	New	ELI LILLY AND CO	$40,000	–	178	–	0.01%	–
XLK	New	SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIStechnology	$28,000	–	190	–	0.00%	–
CPNG	New	COUPANG INC CL Acl a	$12,000	–	300	–	0.00%	–
ZSAN	New	ZOSANO PHARMA CORP COM NEW	$4,000	–	5,000	–	0.00%	–
	New	NABRIVA THERAPEUTICS PLC COM USD0 01 POST ISIN IE00BL53QQ85 SEDOL BL53QQ8	$0	–	440	–	0.00%	–
OGN	New	ORGANON & CO COMMON STOCK	$1,000	–	58	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
HYMB	Exit	SPDR SER TRnuveen bbg brcly	$0	–	-3,940	–	-0.04%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-7,840	–	-0.04%	–
VSS	Exit	VANGUARD INTL EQUITY INDEX Fftse smcap etf	$0	–	-2,950	–	-0.05%	–
C	Exit	CITIGROUP INC	$0	–	-7,750	–	-0.05%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-13,850	–	-0.05%	–
GOVT	Exit	ISHARES TRus treas bd etf	$0	–	-12,150	–	-0.05%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-5,570	–	-0.06%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-229	–	-0.06%	–
PFE	Exit	PFIZER INC	$0	–	-11,370	–	-0.06%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-4,210	–	-0.06%	–
MU	Exit	MICRON TECHNOLOGY INC	$0	–	-8,920	–	-0.06%	–
KO	Exit	COCA COLA CO	$0	–	-8,580	–	-0.07%	–
INTC	Exit	INTEL CORP	$0	–	-8,194	–	-0.07%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-1,200	–	-0.07%	–
CSCO	Exit	CISCO SYS INC	$0	–	-11,134	–	-0.07%	–
MA	Exit	MASTERCARD INCORPORATEDcl a	$0	–	-1,315	–	-0.07%	–
NTAP	Exit	NETAPP INC	$0	–	-10,200	–	-0.07%	–
HD	Exit	HOME DEPOT INC	$0	–	-1,603	–	-0.07%	–
BIIB	Exit	BIOGEN INC	$0	–	-1,630	–	-0.07%	–
WMT	Exit	WALMART INC	$0	–	-3,350	–	-0.07%	–
STX	Exit	SEAGATE TECHNOLOGY PLC	$0	–	-9,590	–	-0.07%	–
CTXS	Exit	CITRIX SYS INC	$0	–	-3,530	–	-0.08%	–
JPM	Exit	JPMORGAN CHASE & CO	$0	–	-5,050	–	-0.08%	–
VMW	Exit	VMWARE INC	$0	–	-3,395	–	-0.08%	–
NUE	Exit	NUCOR CORP	$0	–	-11,050	–	-0.08%	–
GM	Exit	GENERAL MTRS CO	$0	–	-16,870	–	-0.08%	–
AMP	Exit	AMERIPRISE FINL INC	$0	–	-3,280	–	-0.08%	–
JNJ	Exit	JOHNSON & JOHNSON	$0	–	-3,388	–	-0.08%	–
BAC	Exit	BK OF AMERICA CORP	$0	–	-20,738	–	-0.08%	–
PEP	Exit	PEPSICO INC	$0	–	-3,680	–	-0.08%	–
GIS	Exit	GENERAL MLS INC	$0	–	-8,200	–	-0.08%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-1,679	–	-0.08%	–
AMAT	Exit	APPLIED MATLS INC	$0	–	-8,735	–	-0.08%	–
GOOGL	Exit	ALPHABET INCcap stk cl a	$0	–	-362	–	-0.08%	–
MRK	Exit	MERCK & CO. INC	$0	–	-6,338	–	-0.08%	–
V	Exit	VISA INC	$0	–	-2,681	–	-0.08%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-5,615	–	-0.08%	–
IJH	Exit	ISHARES TRcore s&p mcp etf	$0	–	-2,600	–	-0.09%	–
LLY	Exit	LILLY ELI & CO	$0	–	-3,806	–	-0.09%	–
CMCSA	Exit	COMCAST CORP NEWcl a	$0	–	-12,280	–	-0.09%	–
AMZN	Exit	AMAZON COM INC	$0	–	-184	–	-0.09%	–
MSFT	Exit	MICROSOFT CORP	$0	–	-2,768	–	-0.09%	–
CMI	Exit	CUMMINS INC	$0	–	-2,820	–	-0.09%	–
URI	Exit	UNITED RENTALS INC	$0	–	-3,390	–	-0.09%	–
PCAR	Exit	PACCAR INC	$0	–	-6,990	–	-0.09%	–
AMGN	Exit	AMGEN INC	$0	–	-2,340	–	-0.09%	–
FB	Exit	FACEBOOK INCcl a	$0	–	-2,350	–	-0.10%	–
EA	Exit	ELECTRONIC ARTS INC	$0	–	-4,850	–	-0.10%	–
XMLV	Exit	INVESCO EXCH TRADED FD TR IIs&p midcp low	$0	–	-15,500	–	-0.10%	–
BBY	Exit	BEST BUY INC	$0	–	-5,920	–	-0.10%	–
VXUS	Exit	VANGUARD STAR FDSvg tl intl stk f	$0	–	-13,100	–	-0.11%	–
CAT	Exit	CATERPILLAR INC DEL	$0	–	-4,736	–	-0.11%	–
NVDA	Exit	NVIDIA CORPORATION	$0	–	-1,418	–	-0.12%	–
SYF	Exit	SYNCHRONY FINANCIAL	$0	–	-31,456	–	-0.13%	–
ORCL	Exit	ORACLE CORP	$0	–	-17,335	–	-0.16%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-13,265	–	-0.16%	–
IVE	Exit	ISHARES TRs&p 500 val etf	$0	–	-10,300	–	-0.18%	–
TGT	Exit	TARGET CORP	$0	–	-8,051	–	-0.20%	–
AAPL	Exit	APPLE INC	$0	–	-11,392	–	-0.20%	–
VTIP	Exit	VANGUARD MALVERN FDSstrm infproidx	$0	–	-32,750	–	-0.26%	–
GEM	Exit	GOLDMAN SACHS ETF TRactivebeta eme	$0	–	-67,975	–	-0.35%	–
BSCL	Exit	INVESCO EXCH TRD SLF IDX FD	$0	–	-113,140	–	-0.37%	–
BSCN	Exit	INVESCO EXCH TRD SLF IDX FD	$0	–	-113,130	–	-0.38%	–
IBDQ	Exit	ISHARES TRibonds dec25 etf	$0	–	-92,950	–	-0.39%	–
TOTL	Exit	SSGA ACTIVE ETF TRspdr tr tactic	$0	–	-52,600	–	-0.40%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-33,400	–	-0.45%	–
IBMK	Exit	ISHARES TRibonds dec2022	$0	–	-114,235	–	-0.47%	–
IBMM	Exit	ISHARES TRibonds dec	$0	–	-113,075	–	-0.48%	–
IAU	Exit	ISHARES GOLD TRUSTishares	$0	–	-183,450	–	-0.51%	–
IBB	Exit	ISHARES TRnasdaq biotech	$0	–	-24,765	–	-0.52%	–
XLV	Exit	SELECT SECTOR SPDR TRsbi healthcare	$0	–	-32,990	–	-0.54%	–
USMV	Exit	ISHARES TRmsci usa min vol	$0	–	-52,145	–	-0.56%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-57,210	–	-0.57%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-34,965	–	-0.63%	–
VDE	Exit	VANGUARD WORLD FDSenergy etf	$0	–	-103,700	–	-0.65%	–
VEA	Exit	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$0	–	-112,295	–	-0.71%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$0	–	-95,350	–	-0.75%	–
VFH	Exit	VANGUARD WORLD FDSfinancials etf	$0	–	-97,500	–	-0.88%	–
VAW	Exit	VANGUARD WORLD FDSmaterials etf	$0	–	-47,190	–	-0.99%	–
SCHF	Exit	SCHWAB STRATEGIC TRintl eqty etf	$0	–	-205,150	–	-1.00%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-87,880	–	-1.05%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-98,995	–	-1.08%	–
SHV	Exit	ISHARES TRshort treas bd	$0	–	-64,890	–	-1.12%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-49,410	–	-1.15%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-89,440	–	-1.15%	–
RSP	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$0	–	-69,260	–	-1.16%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-30,050	–	-1.30%	–
XSOE	Exit	WISDOMTREE TRem ex st-owned	$0	–	-253,350	–	-1.32%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-171,640	–	-1.33%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-71,010	–	-1.34%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-76,210	–	-1.40%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-69,495	–	-1.44%	–
SHYD	Exit	VANECK VECTORS ETF TRshrt hgh yld mun	$0	–	-409,495	–	-1.55%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-171,690	–	-1.55%	–
VOX	Exit	VANGUARD WORLD FDS	$0	–	-98,610	–	-1.56%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-29,875	–	-1.57%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-146,920	–	-1.64%	–
FUTY	Exit	FIDELITY COVINGTON TRUSTmsci utils index	$0	–	-283,860	–	-1.67%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-71,150	–	-1.70%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-101,020	–	-1.73%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-180,285	–	-1.74%	–
PDP	Exit	INVESCO EXCHANGE TRADED FD Tdwa momentum	$0	–	-167,600	–	-1.99%	–
MTUM	Exit	ISHARES TRmsci usa mmentm	$0	–	-88,040	–	-2.01%	–
SPLV	Exit	INVESCO EXCH TRADED FD TR IIs&p500 low vol	$0	–	-254,655	–	-2.12%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-118,910	–	-2.14%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-330,570	–	-2.22%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-92,340	–	-2.53%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-230,250	–	-2.85%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-177,875	–	-3.49%	–
EFAV	Exit	ISHARES TRmsci eafe min vl	$0	–	-335,925	–	-3.55%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-204,745	–	-3.75%	–
STIP	Exit	ISHARES TR0-5 yr tips etf	$0	–	-282,120	–	-4.56%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-98,140	–	-5.10%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-197,639	–	-5.22%	–
BND	Exit	VANGUARD BD INDEX FDStotal bnd mrkt	$0	–	-872,735	–	-11.95%	–

Q3 2020

			Value		Shares		↓ Weighting
BND	Sell	VANGUARD BD INDEX FDStotal bnd mrkt	$76,992,000	-11.4%	872,735	-11.1%	11.95%	-14.0%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$33,660,000	+59.1%	197,639	+46.2%	5.22%	+54.5%
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$32,866,000	+400.3%	98,140	+358.1%	5.10%	+385.7%
STIP	Buy	ISHARES TR0-5 yr tips etf	$29,357,000	+21.1%	282,120	+19.3%	4.56%	+17.6%
AGG	Sell	ISHARES TRcore us aggbd et	$24,172,000	-19.1%	204,745	-18.9%	3.75%	-21.4%
EFAV	Buy	ISHARES TRmsci eafe min vl	$22,886,000	+9.2%	335,925	+5.7%	3.55%	+6.1%
TIP	Buy	ISHARES TRtips bd etf	$22,501,000	+10.4%	177,875	+7.4%	3.49%	+7.2%
IYR	Buy	ISHARES TRu.s. real es etf	$18,383,000	+7.2%	230,250	+5.7%	2.85%	+4.2%
VO	Buy	VANGUARD INDEX FDSmid cap etf	$16,276,000	+15.2%	92,340	+7.1%	2.53%	+11.9%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$14,293,000	+50.0%	330,570	+37.1%	2.22%	+45.6%
MUB	Sell	ISHARES TRnational mun etf	$13,785,000	-15.8%	118,910	-16.2%	2.14%	-18.3%
SPLV	Buy	INVESCO EXCH TRADED FD TR IIs&p500 low vol	$13,659,000	+10.5%	254,655	+2.3%	2.12%	+7.3%
MTUM	Buy	ISHARES TRmsci usa mmentm	$12,977,000	+14.9%	88,040	+2.1%	2.01%	+11.6%
PDP	Buy	INVESCO EXCHANGE TRADED FD Tdwa momentum	$12,812,000	+15.3%	167,600	+1.5%	1.99%	+11.9%
VGSH	Sell	VANGUARD SCOTTSDALE FDSshort term treas	$11,193,000	-39.4%	180,285	-39.2%	1.74%	-41.1%
MBB	Sell	ISHARES TRmbs etf	$11,152,000	-5.5%	101,020	-5.1%	1.73%	-8.2%
VB	Buy	VANGUARD INDEX FDSsmall cp etf	$10,943,000	+12.3%	71,150	+6.4%	1.70%	+9.1%
FUTY	Buy	FIDELITY COVINGTON TRUSTmsci utils index	$10,770,000	+17.0%	283,860	+12.3%	1.67%	+13.6%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$10,600,000	+13.8%	146,920	+5.9%	1.64%	+10.6%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$10,123,000	+65.7%	29,875	+58.6%	1.57%	+60.8%
VOX	Buy	VANGUARD WORLD FDS	$10,045,000	+14.7%	98,610	+4.7%	1.56%	+11.4%
BNDX	Sell	VANGUARD CHARLOTTE FDSintl bd idx etf	$9,990,000	-17.7%	171,690	-18.3%	1.55%	-20.1%
SHYD	Sell	VANECK VECTORS ETF TRshrt hgh yld mun	$9,983,000	-36.3%	409,495	-37.7%	1.55%	-38.1%
IEI	Sell	ISHARES TR3 7 yr treas bd	$9,284,000	-7.8%	69,495	-7.7%	1.44%	-10.4%
IWD	Buy	ISHARES TRrus 1000 val etf	$9,003,000	+14.1%	76,210	+8.8%	1.40%	+10.8%
IEF	Sell	ISHARES TRbarclays 7 10 yr	$8,650,000	-17.5%	71,010	-17.5%	1.34%	-19.9%
SHM	Buy	SPDR SER TRnuveen blmbrg sr	$8,560,000	+246.3%	171,640	+249.4%	1.33%	+236.2%
QQQ	Buy	INVESCO QQQ TRunit ser 1	$8,349,000	+215.5%	30,050	+178.8%	1.30%	+206.4%
RSP	Buy	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$7,487,000	+176.5%	69,260	+160.2%	1.16%	+168.4%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$7,410,000	-0.7%	89,440	-0.5%	1.15%	-3.5%
IWM	Sell	ISHARES TRrussell 2000 etf	$7,401,000	+2.8%	49,410	-1.7%	1.15%	-0.1%
SHV	Buy	ISHARES TRshort treas bd	$7,183,000	+3.5%	64,890	+3.5%	1.12%	+0.5%
IJR	Buy	ISHARES TRcore s&p scp etf	$6,951,000	+23.3%	98,995	+19.4%	1.08%	+19.8%
XLI	Buy	SELECT SECTOR SPDR TRsbi int-inds	$6,765,000	+16.9%	87,880	+4.3%	1.05%	+13.5%
VAW	Buy	VANGUARD WORLD FDSmaterials etf	$6,352,000	+15.4%	47,190	+3.4%	0.99%	+12.2%
VFH	Buy	VANGUARD WORLD FDSfinancials etf	$5,704,000	+5.9%	97,500	+3.5%	0.88%	+2.8%
VEU	Buy	VANGUARD INTL EQUITY INDEX Fallwrld ex us	$4,810,000	+10.7%	95,350	+4.5%	0.75%	+7.5%
VEA	Buy	VANGUARD TAX-MANAGED INTL FDftse dev mkt etf	$4,593,000	+779.9%	112,295	+733.7%	0.71%	+759.0%
VDE	Buy	VANGUARD WORLD FDSenergy etf	$4,180,000	-17.0%	103,700	+3.5%	0.65%	-19.4%
XLK	Buy	SELECT SECTOR SPDR TRtechnology	$4,080,000	+16.6%	34,965	+4.4%	0.63%	+13.2%
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$3,667,000	+14.6%	57,210	+4.8%	0.57%	+11.1%
USMV	Buy	ISHARES TRmsci usa min vol	$3,582,000	+7.4%	52,145	+1.4%	0.56%	+4.3%
XLV	Buy	SELECT SECTOR SPDR TRsbi healthcare	$3,480,000	+10.2%	32,990	+4.6%	0.54%	+7.1%
IBB	Buy	ISHARES TRnasdaq biotech	$3,353,000	+3.9%	24,765	+4.9%	0.52%	+0.8%
IBMM	Buy	ISHARES TRibonds dec	$3,064,000	+3.9%	113,075	+3.7%	0.48%	+0.8%
IBMK	Buy	ISHARES TRibonds dec2022	$3,027,000	+3.8%	114,235	+3.7%	0.47%	+0.9%
SHY	Sell	ISHARES TR1 3 yr treas bd	$2,889,000	-80.3%	33,400	-80.2%	0.45%	-80.8%
TOTL	Buy	SSGA ACTIVE ETF TRspdr tr tactic	$2,594,000	+2.9%	52,600	+4.1%	0.40%	0.0%
GEM	New	GOLDMAN SACHS ETF TRactivebeta eme	$2,229,000	–	67,975	–	0.35%	–
AAPL	Buy	APPLE INC	$1,319,000	+17.7%	11,392	+270.6%	0.20%	+14.5%
TGT	Sell	TARGET CORP	$1,267,000	+27.7%	8,051	-2.7%	0.20%	+23.9%
IVE	Buy	ISHARES TRs&p 500 val etf	$1,158,000	+33.9%	10,300	+28.8%	0.18%	+30.4%
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$1,047,000	-70.3%	13,265	-70.5%	0.16%	-71.2%
ORCL	Buy	ORACLE CORP	$1,035,000	+8.3%	17,335	+0.1%	0.16%	+5.2%
SYF	Buy	SYNCHRONY FINANCIAL	$823,000	+32.5%	31,456	+12.2%	0.13%	+29.3%
NVDA	Buy	NVIDIA CORPORATION	$767,000	+46.1%	1,418	+2.5%	0.12%	+41.7%
CAT	Buy	CATERPILLAR INC DEL	$706,000	+30.0%	4,736	+10.2%	0.11%	+26.4%
VXUS	Sell	VANGUARD STAR FDSvg tl intl stk f	$683,000	-1.4%	13,100	-7.1%	0.11%	-4.5%
XMLV	Buy	INVESCO EXCH TRADED FD TR IIs&p midcp low	$646,000	+53.8%	15,500	+52.7%	0.10%	+49.3%
FB	Buy	FACEBOOK INCcl a	$615,000	+30.6%	2,350	+13.3%	0.10%	+26.7%
CMI	Sell	CUMMINS INC	$595,000	+8.2%	2,820	-11.3%	0.09%	+4.5%
AMGN	Buy	AMGEN INC	$595,000	+8.4%	2,340	+0.4%	0.09%	+4.5%
URI	Buy	UNITED RENTALS INC	$592,000	+17.7%	3,390	+0.3%	0.09%	+15.0%
MSFT	Buy	MICROSOFT CORP	$582,000	+14.8%	2,768	+11.0%	0.09%	+11.1%
AMZN	Buy	AMAZON COM INC	$579,000	+28.1%	184	+12.2%	0.09%	+25.0%
CMCSA	Buy	COMCAST CORP NEWcl a	$568,000	+1059.2%	12,280	+859.4%	0.09%	+1000.0%
LLY	Sell	LILLY ELI & CO	$563,000	-44.3%	3,806	-38.2%	0.09%	-46.3%
IJH	Buy	ISHARES TRcore s&p mcp etf	$558,000	+42.7%	2,600	+18.2%	0.09%	+40.3%
ABC	Buy	AMERISOURCEBERGEN CORP	$544,000	-3.4%	5,615	+0.4%	0.08%	-6.7%
V	Buy	VISA INC	$536,000	+9.6%	2,681	+5.8%	0.08%	+6.4%
GOOGL	Buy	ALPHABET INCcap stk cl a	$531,000	+15.9%	362	+12.1%	0.08%	+12.3%
MRK	Buy	MERCK & CO. INC	$526,000	+1068.9%	6,338	+985.3%	0.08%	+1071.4%
AMAT	New	APPLIED MATLS INC	$519,000	–	8,735	–	0.08%	–
UNH	Buy	UNITEDHEALTH GROUP INC	$523,000	+17.8%	1,679	+11.4%	0.08%	+14.1%
PEP	Buy	PEPSICO INC	$510,000	+5.4%	3,680	+0.5%	0.08%	+2.6%
GIS	New	GENERAL MLS INC	$506,000	–	8,200	–	0.08%	–
JNJ	Buy	JOHNSON & JOHNSON	$504,000	+17.2%	3,388	+10.6%	0.08%	+13.0%
AMP	New	AMERIPRISE FINL INC	$505,000	–	3,280	–	0.08%	–
BAC	Buy	BK OF AMERICA CORP	$500,000	+14.9%	20,738	+13.0%	0.08%	+11.4%
GM	Buy	GENERAL MTRS CO	$499,000	+17.4%	16,870	+0.3%	0.08%	+13.2%
VMW	Buy	VMWARE INC	$488,000	-6.3%	3,395	+0.7%	0.08%	-8.4%
JPM	Buy	JPMORGAN CHASE & CO	$486,000	+15.2%	5,050	+12.3%	0.08%	+11.9%
CTXS	Buy	CITRIX SYS INC	$486,000	-6.4%	3,530	+0.6%	0.08%	-9.6%
STX	Buy	SEAGATE TECHNOLOGY PLC	$472,000	+2.8%	9,590	+1.1%	0.07%	0.0%
BIIB	Buy	BIOGEN INC	$462,000	+8.7%	1,630	+2.5%	0.07%	+5.9%
NTAP	Buy	NETAPP INC	$447,000	-0.2%	10,200	+0.9%	0.07%	-4.2%
CSCO	Buy	CISCO SYS INC	$439,000	-5.2%	11,134	+11.9%	0.07%	-8.1%
INTC	Sell	INTEL CORP	$424,000	-53.8%	8,194	-46.5%	0.07%	-55.1%
MU	Buy	MICRON TECHNOLOGY INC	$419,000	-7.7%	8,920	+1.1%	0.06%	-11.0%
XLB	Buy	SELECT SECTOR SPDR TRsbi materials	$354,000	+52.6%	5,570	+34.9%	0.06%	+48.6%
GOVT	Sell	ISHARES TRus treas bd etf	$340,000	-95.7%	12,150	-95.7%	0.05%	-95.8%
XLF	Buy	SELECT SECTOR SPDR TRsbi int-finl	$333,000	+32.7%	13,850	+27.6%	0.05%	+30.0%
VSS	Sell	VANGUARD INTL EQUITY INDEX Fftse smcap etf	$311,000	+9.1%	2,950	-0.3%	0.05%	+4.3%
XLE	Buy	SELECT SECTOR SPDR TRenergy	$235,000	+9.3%	7,840	+37.5%	0.04%	+5.9%
HYMB	Sell	SPDR SER TRnuveen bbg brcly	$224,000	+0.4%	3,940	-0.8%	0.04%	-2.8%
WYNN	Exit	WYNN RESORTS LTD	$0	–	-50	–	0.00%	–
XLY	Exit	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002sbi cons discr	$0	–	-20	–	0.00%	–
CPRT	Exit	COPART INC COM USD0.0001	$0	–	-10	–	0.00%	–
LRCX	Exit	LAM RESEARCH CORP COM USD0.001	$0	–	-10	–	0.00%	–
VOE	Exit	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHSmcap vl idxvip	$0	–	-25	–	0.00%	–
SSNC	Exit	SS&C TECHNOLOGIES HLDGS INC COM	$0	–	-70	–	0.00%	–
XPO	Exit	XPO LOGISTICS INC COM USD0.001	$0	–	-30	–	0.00%	–
DXCM	Exit	DEXCOM INC	$0	–	-10	–	-0.00%	–
TDG	Exit	TRANSDIGM GROUP INC COM	$0	–	-10	–	-0.00%	–
QRVO	Exit	QORVO INC COM	$0	–	-80	–	-0.00%	–
FTNT	Exit	FORTINET INC COM USD0.001	$0	–	-60	–	-0.00%	–
SWKS	Exit	SKYWORKS SOLUTIONS INC COM	$0	–	-60	–	-0.00%	–
SE	Exit	SEA LIMITED ADS EACH REP ONE CLASS A ORD SHSsponsored ads	$0	–	-50	–	-0.00%	–
DXYN	Exit	DIXIE GROUP INCcl a	$0	–	-15,000	–	-0.00%	–
	Exit	NABRIVA THERAPEUTICS PLC SHS ISIN #IE00BYQMW233	$0	–	-24,400	–	-0.00%	–
XLU	Exit	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$0	–	-375	–	-0.00%	–
HRTX	Exit	HERON THERAPEUTICS INC COM	$0	–	-3,000	–	-0.01%	–
MDT	Exit	MEDTRONIC PLC USD0.0001	$0	–	-506	–	-0.01%	–
DUK	Exit	DUKE ENERGY CORP NEW COM NEW ISIN #US26441C2044 SEDOL #B7JZSK0	$0	–	-591	–	-0.01%	–
WEC	Exit	WEC ENERGY GROUP INC COM	$0	–	-602	–	-0.01%	–
DIS	Exit	DISNEY WALT CO	$0	–	-475	–	-0.01%	–
PG	Exit	PROCTER AND GAMBLE CO COM	$0	–	-399	–	-0.01%	–
CRM	Exit	SALESFORCE.COM INC COM USD0.001	$0	–	-308	–	-0.01%	–
ANSS	Exit	ANSYS INC COM USD0.01	$0	–	-198	–	-0.01%	–
ADBE	Exit	ADOBE INC COM	$0	–	-141	–	-0.01%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETFselect divid etf	$0	–	-830	–	-0.01%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX FDS FTSE EUROPE ETFftse europe etf	$0	–	-1,400	–	-0.01%	–
LEN	Exit	LENNAR CORP COM USD0.10 CLASS Acl a	$0	–	-1,184	–	-0.01%	–
SCZ	Exit	ISHARES TR EAFE SML CP ETFeafe sml cp etf	$0	–	-1,475	–	-0.01%	–
GLD	Exit	SPDR GOLD TR GOLD SHS	$0	–	-710	–	-0.02%	–
VTV	Exit	VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TRvalue etf	$0	–	-1,450	–	-0.02%	–
VYM	Exit	VANGUARD WHITEHALL FDS HIGH DIV YLDhigh div yld	$0	–	-2,230	–	-0.03%	–
VIG	Exit	VANGUARD SPECIALIZED FUNDS DIV APP ETFdiv app etf	$0	–	-1,550	–	-0.03%	–
IEMG	Exit	ISHARES INC CORE MSCI EMERGING MKTS ETFcore msci emkt	$0	–	-3,890	–	-0.03%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-2,050	–	-0.03%	–
HII	Exit	HUNTINGTON INGALLS INDS INC COM	$0	–	-2,300	–	-0.06%	–
AMRN	Exit	AMARIN CORP ADR EACH REP 1 ORD GBP0.50spons adr new	$0	–	-96,116	–	-0.11%	–
PSX	Exit	PHILLIPS 66 COM	$0	–	-10,725	–	-0.12%	–
BSCM	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB	$0	–	-73,800	–	-0.26%	–
BSCO	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2024 CB	$0	–	-74,900	–	-0.26%	–
BSCQ	Exit	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2026 CB	$0	–	-77,050	–	-0.26%	–
IBMJ	Exit	ISHARES IBONDS DEC 2021 TERM MUNI BOND ETFibonds dec2021	$0	–	-67,390	–	-0.28%	–
IBML	Exit	ISHARES TR IBONDS DEC2023 TERM MUNI BD ETFibonds dec2023	$0	–	-67,390	–	-0.28%	–
IBMN	Exit	ISHARES TR IBONDS DEC 25ibonds dec 25	$0	–	-65,100	–	-0.29%	–
EEMV	Exit	ISHARES EDGE MSCI MIN VOL EMERGING MARKETS ETFmin vol emrg mkt	$0	–	-48,770	–	-0.40%	–
IBMI	Exit	ISHARES IBONDS SEP 2020 TERM MUNI BOND ETFibonds sep2020	$0	–	-112,315	–	-0.46%	–
VMBS	Exit	VANGUARD SCOTTSDALE FDS VANGUARD MTG-BACKED SECS IDX FD ETFmortg-back sec	$0	–	-87,540	–	-0.76%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDS INTER TERM TREASinter term treas	$0	–	-74,300	–	-0.84%	–

Q2 2020

			Value		Shares		↓ Weighting
BND	New	VANGUARD BD INDEX FDS TOTAL BND MRKTtotal bnd mrkt	$86,911,000	–	981,960	–	13.89%	–
AGG	New	ISHARES CORE U.S. AGGREGATE BOND ETFcore us aggbd et	$29,871,000	–	252,545	–	4.77%	–
STIP	New	ISHARES 0-5 YEAR TIPS BOND ETF0-5 yr tips etf	$24,251,000	–	236,455	–	3.88%	–
VTI	New	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$21,158,000	–	135,172	–	3.38%	–
EFAV	New	ISHARES EDGE MSCI MIN VOL EAFE ETFmin vol eafe etf	$20,955,000	–	317,665	–	3.35%	–
TIP	New	ISHARES TIPS BOND ETFtips bd etf	$20,377,000	–	165,670	–	3.26%	–
VGSH	New	VANGUARD SCOTTSDALE FDS SHORT TERM TREASshort term treas	$18,458,000	–	296,765	–	2.95%	–
IYR	New	ISHARES U S REAL ESTATE ETFu.s. real es etf	$17,141,000	–	217,810	–	2.74%	–
MUB	New	ISHARES NATIONAL MUNI BOND ETFnational mun etf	$16,374,000	–	141,890	–	2.62%	–
SHYD	New	VANECK VECTORS ETF TR SHORT HIGH YIELDshort high yield	$15,660,000	–	656,845	–	2.50%	–
SHY	New	ISHARES TRUST 1-3 YEAR TREASURY BOND ETF1 3 yr treas bd	$14,631,000	–	168,940	–	2.34%	–
VO	New	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$14,133,000	–	86,230	–	2.26%	–
SPLV	New	INVESCO EXCH TRADED FD TR II S&P500 LOW VOLs&p500 low vol	$12,365,000	–	248,905	–	1.98%	–
BNDX	New	VANGUARD CHARLOTTE TOTAL INTL BD INDEX FD ETFintl bd idx etf	$12,145,000	–	210,090	–	1.94%	–
MBB	New	ISHARES TR MBS ETFmbs etf	$11,805,000	–	106,395	–	1.89%	–
MTUM	New	ISHARES EDGE MSCI USA MOMENTUM FACTOR ETFusa momentum fct	$11,297,000	–	86,240	–	1.80%	–
PDP	New	INVESCO EXCHANGE TRADED FD TR DWA MOMENTUMdwa momentum	$11,116,000	–	165,050	–	1.78%	–
IEF	New	ISHARES TR BARCLAYS 7 10 YRbarclays 7 10 yr	$10,485,000	–	86,040	–	1.68%	–
IEI	New	ISHARES TR 3 7 YR TREAS BD3 7 yr treas bd	$10,068,000	–	75,320	–	1.61%	–
VB	New	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$9,741,000	–	66,850	–	1.56%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDS FTSE EMR MKT ETFftse emr mkt etf	$9,529,000	–	241,190	–	1.52%	–
NOBL	New	PROSHARES TRUST S&P 500 DIVID ARISTOCRATS ETFs&p 500 dv arist	$9,314,000	–	138,750	–	1.49%	–
FUTY	New	FIDELITY MSCI UTILS INDEX ETFmsci utils index	$9,203,000	–	252,870	–	1.47%	–
VOX	New	VANGUARD WORLD FDS COMM SRVC ETF	$8,761,000	–	94,180	–	1.40%	–
IWD	New	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$7,891,000	–	70,070	–	1.26%	–
GOVT	New	ISHARES TR US TREAS BD ETFus treas bd etf	$7,872,000	–	281,250	–	1.26%	–
XSOE	New	WISDOMTREE TR EM EX ST-OWNEDem ex st-owned	$7,577,000	–	253,350	–	1.21%	–
VCSH	New	VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM CORPORATE BD INDEX FD ETF SHSshrt trm corp bd	$7,460,000	–	89,910	–	1.19%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$7,196,000	–	50,260	–	1.15%	–
SHV	New	ISHARES TR SHORT TREAS BDshort treas bd	$6,942,000	–	62,690	–	1.11%	–
SPY	New	SPDR S&P500 ETF TRUST TRUST UNIT DEPOSITARY RECEIPTtr unit	$6,569,000	–	21,425	–	1.05%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRPutser1 s&pdcrp	$6,111,000	–	18,835	–	0.98%	–
SCHF	New	SCHWAB STRATEGIC TR INTL EQUITY ETFintl eqty etf	$6,103,000	–	205,150	–	0.98%	–
XLI	New	SECTOR SPDR TR SHS BEN INT INDUSTRIALsbi int-inds	$5,786,000	–	84,230	–	0.92%	–
IJR	New	ISHARES CORE S&P SMALL-CAP Ecore s&p scp etf	$5,636,000	–	82,895	–	0.90%	–
VAW	New	VANGUARD SECTOR INDEX FDS VANGUARD MATLS VIPERSmaterials etf	$5,503,000	–	45,620	–	0.88%	–
VFH	New	VANGUARD SECTOR INDEX FDS VANGUARD FINLS VIPERSfinancials etf	$5,388,000	–	94,200	–	0.86%	–
VGIT	New	VANGUARD SCOTTSDALE FDS INTER TERM TREASinter term treas	$5,243,000	–	74,300	–	0.84%	–
VDE	New	VANGUARD SECTOR INDEX FDS VANGUARD ENERGY VIPERSenergy etf	$5,037,000	–	100,150	–	0.80%	–
VMBS	New	VANGUARD SCOTTSDALE FDS VANGUARD MTG-BACKED SECS IDX FD ETFmortg-back sec	$4,759,000	–	87,540	–	0.76%	–
VEU	New	VANGUARD INTL EQUITY INDEX FDS ALLWRLD EX USallwrld ex us	$4,344,000	–	91,250	–	0.69%	–
VNQ	New	VANGUARD REAL ESTATE ETFreal estate etf	$3,525,000	–	44,900	–	0.56%	–
XLK	New	SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT SECTOR USD DIStechnology	$3,499,000	–	33,495	–	0.56%	–
USMV	New	ISHARES EDGE MSCI MIN VOL USA ETFmsci min vol etf	$3,335,000	–	51,415	–	0.53%	–
IBB	New	ISHARES TR NASDAQ BIOTECHnasdaq biotech	$3,227,000	–	23,610	–	0.52%	–
XLP	New	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$3,201,000	–	54,600	–	0.51%	–
XLV	New	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$3,157,000	–	31,550	–	0.50%	–
IAU	New	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL B0SF3S5ishares	$3,116,000	–	183,450	–	0.50%	–
IBMM	New	ISHARES TR IBONDS DEC 2024 TERM MUNI BD ETFibonds dec	$2,949,000	–	109,075	–	0.47%	–
IBMK	New	ISHARES IBONDS DEC 2022 TERM MUNI BOND ETFibonds dec2022	$2,915,000	–	110,155	–	0.47%	–
IBMI	New	ISHARES IBONDS SEP 2020 TERM MUNI BOND ETFibonds sep2020	$2,869,000	–	112,315	–	0.46%	–
RSP	New	INVESCO EXCHANGE TRADED FD TR S&P500 EQL WGTs&p500 eql wgt	$2,708,000	–	26,620	–	0.43%	–
QQQ	New	INVESCO QQQ TR UNIT SER 1unit ser 1	$2,646,000	–	10,780	–	0.42%	–
EEMV	New	ISHARES EDGE MSCI MIN VOL EMERGING MARKETS ETFmin vol emrg mkt	$2,536,000	–	48,770	–	0.40%	–
TOTL	New	SSGA ACTIVE ETF TR SPDR TR TACTICspdr tr tactic	$2,520,000	–	50,520	–	0.40%	–
IBDQ	New	ISHARES IBONDS DEC 2025 TERM CORPORATE ETFibonds dec25 etf	$2,507,000	–	92,950	–	0.40%	–
SHM	New	SPDR SER TR NUVEEN BLMBRG SRnuveen blmbrg sr	$2,472,000	–	49,120	–	0.40%	–
BSCN	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2023 CB	$2,461,000	–	113,130	–	0.39%	–
BSCL	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2021 CB	$2,417,000	–	113,140	–	0.39%	–
IBMN	New	ISHARES TR IBONDS DEC 25ibonds dec 25	$1,804,000	–	65,100	–	0.29%	–
IBML	New	ISHARES TR IBONDS DEC2023 TERM MUNI BD ETFibonds dec2023	$1,767,000	–	67,390	–	0.28%	–
IBMJ	New	ISHARES IBONDS DEC 2021 TERM MUNI BOND ETFibonds dec2021	$1,748,000	–	67,390	–	0.28%	–
BSCQ	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2026 CB	$1,656,000	–	77,050	–	0.26%	–
BSCO	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2024 CB	$1,650,000	–	74,900	–	0.26%	–
VTIP	New	VANGUARD MALVERN FDS SHORT-TERM INFLATION PROTECTED SECS INDEX FD ETF SHSstrm infproidx	$1,643,000	–	32,750	–	0.26%	–
BSCM	New	INVESCO EXCH TRD SLF IDX FD TR BULSHS 2022 CB	$1,610,000	–	73,800	–	0.26%	–
AAPL	New	APPLE INC COM USD0.00001	$1,121,000	–	3,074	–	0.18%	–
LLY	New	ELI LILLY AND CO COM	$1,011,000	–	6,158	–	0.16%	–
TGT	New	TARGET CORP COM	$992,000	–	8,278	–	0.16%	–
ORCL	New	ORACLE CORP COM	$956,000	–	17,310	–	0.15%	–
INTC	New	INTEL CORP COM USD0.001	$917,000	–	15,327	–	0.15%	–
IVE	New	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$865,000	–	8,000	–	0.14%	–
PSX	New	PHILLIPS 66 COM	$771,000	–	10,725	–	0.12%	–
VXUS	New	VANGUARD STAR FD TOTAL INTL STOCK INDEX FD ETF SHSvg tl intl stk f	$693,000	–	14,100	–	0.11%	–
AMRN	New	AMARIN CORP ADR EACH REP 1 ORD GBP0.50spons adr new	$665,000	–	96,116	–	0.11%	–
EA	New	ELECTRONIC ARTS	$640,000	–	4,850	–	0.10%	–
SYF	New	SYNCHRONY FINANCIAL COM	$621,000	–	28,038	–	0.10%	–
ABC	New	AMERISOURCEBERGEN CORPORATION COM USD0.01	$563,000	–	5,590	–	0.09%	–
AMGN	New	AMGEN INC	$549,000	–	2,330	–	0.09%	–
CMI	New	CUMMINS INC	$550,000	–	3,180	–	0.09%	–
CAT	New	CATERPILLAR INC COM USD1.00	$543,000	–	4,298	–	0.09%	–
NVDA	New	NVIDIA CORPORATION COM	$525,000	–	1,384	–	0.08%	–
PCAR	New	PACCAR INC COM USD1.00	$523,000	–	6,990	–	0.08%	–
VMW	New	VMWARE INC CL A COM	$521,000	–	3,370	–	0.08%	–
CTXS	New	CITRIX SYS INC COM	$519,000	–	3,510	–	0.08%	–
VEA	New	VANGUARD TAX-MANAGED FDS FTSE DEV MKT ETFftse dev mkt etf	$522,000	–	13,470	–	0.08%	–
BBY	New	BEST BUY CO INC COM USD0.10	$516,000	–	5,920	–	0.08%	–
MSFT	New	MICROSOFT CORP	$507,000	–	2,494	–	0.08%	–
URI	New	UNITED RENTALS INC	$503,000	–	3,380	–	0.08%	–
V	New	VISA INC COM CL A	$489,000	–	2,533	–	0.08%	–
PEP	New	PEPSICO INC	$484,000	–	3,660	–	0.08%	–
FB	New	FACEBOOK INC-CLASS Acl a	$471,000	–	2,075	–	0.08%	–
CSCO	New	CISCO SYS INC COM	$463,000	–	9,947	–	0.07%	–
STX	New	SEAGATE TECHNOLOGY PLC COM USD0.00001	$459,000	–	9,490	–	0.07%	–
GOOGL	New	ALPHABET INC CAP STK CL Acap stk cl a	$458,000	–	323	–	0.07%	–
MU	New	MICRON TECHNOLOGY	$454,000	–	8,820	–	0.07%	–
NUE	New	NUCOR CORP COM USD0.40	$457,000	–	11,050	–	0.07%	–
AMZN	New	AMAZON.COM INC	$452,000	–	164	–	0.07%	–
NTAP	New	NETAPP INC COM	$448,000	–	10,110	–	0.07%	–
UNH	New	UNITEDHEALTH GROUP	$444,000	–	1,507	–	0.07%	–
BAC	New	BK OF AMERICA CORP COM	$435,000	–	18,354	–	0.07%	–
JNJ	New	JOHNSON &JOHNSON COM USD1.00	$430,000	–	3,064	–	0.07%	–
GM	New	GENERAL MTRS CO COM	$425,000	–	16,820	–	0.07%	–
BIIB	New	BIOGEN INC COM USD0.0005	$425,000	–	1,590	–	0.07%	–
JPM	New	JPMORGAN CHASE & CO COM USD1.00	$422,000	–	4,495	–	0.07%	–
XMLV	New	INVESCO EXCH TRADED FD TR II S&P MIDCP LOWs&p midcp low	$420,000	–	10,150	–	0.07%	–
IWN	New	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$410,000	–	4,210	–	0.07%	–
HII	New	HUNTINGTON INGALLS INDS INC COM	$401,000	–	2,300	–	0.06%	–
WMT	New	WALMART INC COM	$401,000	–	3,350	–	0.06%	–
HD	New	HOME DEPOT INC COM	$401,000	–	1,603	–	0.06%	–
SPGI	New	S&P GLOBAL INC COM	$395,000	–	1,200	–	0.06%	–
C	New	CITIGROUP INC COM NEW	$396,000	–	7,750	–	0.06%	–
MA	New	MASTERCARD INCORPORATED CL Acl a	$388,000	–	1,315	–	0.06%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$391,000	–	2,200	–	0.06%	–
KO	New	COCA COLA CO	$383,000	–	8,580	–	0.06%	–
PFE	New	PFIZER INC	$371,000	–	11,370	–	0.06%	–
BKNG	New	BOOKING HOLDINGS INC COM	$364,000	–	229	–	0.06%	–
VSS	New	VANGUARD INTL EQUITY INDEX FDS FTSE SMCAP ETFftse smcap etf	$285,000	–	2,960	–	0.05%	–
XLF	New	SELECT SECTOR SPDR TRUST AMEX FINANCIAL SELECT INDEX USD DISsbi int-finl	$251,000	–	10,850	–	0.04%	–
XLB	New	SELECT SECTOR SPDR TR SHS BEN INT MATERIALSsbi materials	$232,000	–	4,130	–	0.04%	–
HYMB	New	SPDR SER TR NUVEEN BBG BRCLYnuveen bbg brcly	$223,000	–	3,970	–	0.04%	–
XLE	New	SELECT SECTOR SPDR TR ENERGYenergy	$215,000	–	5,700	–	0.03%	–
IEMG	New	ISHARES INC CORE MSCI EMERGING MKTS ETFcore msci emkt	$185,000	–	3,890	–	0.03%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$186,000	–	2,050	–	0.03%	–
VIG	New	VANGUARD SPECIALIZED FUNDS DIV APP ETFdiv app etf	$181,000	–	1,550	–	0.03%	–
VYM	New	VANGUARD WHITEHALL FDS HIGH DIV YLDhigh div yld	$175,000	–	2,230	–	0.03%	–
VTV	New	VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TRvalue etf	$144,000	–	1,450	–	0.02%	–
GLD	New	SPDR GOLD TR GOLD SHS	$118,000	–	710	–	0.02%	–
SCZ	New	ISHARES TR EAFE SML CP ETFeafe sml cp etf	$79,000	–	1,475	–	0.01%	–
LEN	New	LENNAR CORP COM USD0.10 CLASS Acl a	$72,000	–	1,184	–	0.01%	–
DVY	New	ISHARES SELECT DIVIDEND ETFselect divid etf	$66,000	–	830	–	0.01%	–
VGK	New	VANGUARD INTL EQUITY INDEX FDS FTSE EUROPE ETFftse europe etf	$70,000	–	1,400	–	0.01%	–
ADBE	New	ADOBE INC COM	$61,000	–	141	–	0.01%	–
ANSS	New	ANSYS INC COM USD0.01	$57,000	–	198	–	0.01%	–
CRM	New	SALESFORCE.COM INC COM USD0.001	$57,000	–	308	–	0.01%	–
DUK	New	DUKE ENERGY CORP NEW COM NEW ISIN #US26441C2044 SEDOL #B7JZSK0	$47,000	–	591	–	0.01%	–
PG	New	PROCTER AND GAMBLE CO COM	$47,000	–	399	–	0.01%	–
DIS	New	DISNEY WALT CO	$52,000	–	475	–	0.01%	–
CMCSA	New	COMCAST CORP NEW CL Acl a	$49,000	–	1,280	–	0.01%	–
WEC	New	WEC ENERGY GROUP INC COM	$52,000	–	602	–	0.01%	–
MDT	New	MEDTRONIC PLC USD0.0001	$46,000	–	506	–	0.01%	–
HRTX	New	HERON THERAPEUTICS INC COM	$44,000	–	3,000	–	0.01%	–
MRK	New	MERCK &CO. INC COM	$45,000	–	584	–	0.01%	–
XLU	New	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$21,000	–	375	–	0.00%	–
	New	NABRIVA THERAPEUTICS PLC SHS ISIN #IE00BYQMW233	$16,000	–	24,400	–	0.00%	–
DXYN	New	DIXIE GROUP INCcl a	$13,000	–	15,000	–	0.00%	–
SWKS	New	SKYWORKS SOLUTIONS INC COM	$7,000	–	60	–	0.00%	–
QRVO	New	QORVO INC COM	$8,000	–	80	–	0.00%	–
FTNT	New	FORTINET INC COM USD0.001	$8,000	–	60	–	0.00%	–
DXCM	New	DEXCOM INC	$4,000	–	10	–	0.00%	–
TDG	New	TRANSDIGM GROUP INC COM	$4,000	–	10	–	0.00%	–
SE	New	SEA LIMITED ADS EACH REP ONE CLASS A ORD SHSsponsored ads	$5,000	–	50	–	0.00%	–
VOE	New	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHSmcap vl idxvip	$2,000	–	25	–	0.00%	–
CPRT	New	COPART INC COM USD0.0001	$0	–	10	–	0.00%	–
XLY	New	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002sbi cons discr	$2,000	–	20	–	0.00%	–
SSNC	New	SS&C TECHNOLOGIES HLDGS INC COM	$3,000	–	70	–	0.00%	–
WYNN	New	WYNN RESORTS LTD	$3,000	–	50	–	0.00%	–
XPO	New	XPO LOGISTICS INC COM USD0.001	$2,000	–	30	–	0.00%	–
LRCX	New	LAM RESEARCH CORP COM USD0.001	$3,000	–	10	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
AMRN	Exit	AMARIN CORP PLCspons adr new	$0	–	-12,600	–	-0.03%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-2,000	–	-0.03%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-1,900	–	-0.04%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-1,050	–	-0.04%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-10,000	–	-0.05%	–
SCHC	Exit	SCHWAB STRATEGIC TRintl sceqt etf	$0	–	-10,540	–	-0.05%	–
SHM	Exit	SPDR SERIES TRUSTnuveen blmbrg sr	$0	–	-7,650	–	-0.06%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-4,050	–	-0.07%	–
VXUS	Exit	VANGUARD STAR FDvg tl intl stk f	$0	–	-15,300	–	-0.12%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-23,920	–	-0.22%	–
TOTL	Exit	SSGA ACTIVE ETF TRspdr tr tactic	$0	–	-43,240	–	-0.33%	–
RSP	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$0	–	-21,350	–	-0.35%	–
VUG	Exit	VANGUARD INDEX FDSgrowth etf	$0	–	-13,850	–	-0.35%	–
TLT	Exit	ISHARES TR20 yr tr bd etf	$0	–	-16,870	–	-0.37%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-24,535	–	-0.43%	–
IEMG	Exit	ISHARES INCcore msci emkt	$0	–	-58,500	–	-0.44%	–
PHB	Exit	INVESCO EXCHNG TRADED FD TRfndmntl hy crp	$0	–	-156,150	–	-0.46%	–
IAU	Exit	ISHARES GOLD TRUSTishares	$0	–	-211,500	–	-0.46%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-18,740	–	-0.48%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSlg-term cor bd	$0	–	-31,225	–	-0.48%	–
EEMV	Exit	ISHARES INCmin vol emrg mkt	$0	–	-62,750	–	-0.55%	–
USMV	Exit	ISHARES TRmsci min vol etf	$0	–	-64,115	–	-0.63%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-56,160	–	-0.67%	–
INTF	Exit	ISHARES TRmultifactor intl	$0	–	-177,250	–	-0.69%	–
VMBS	Exit	VANGUARD SCOTTSDALE FDSmortg-back sec	$0	–	-86,070	–	-0.70%	–
VGIT	Exit	VANGUARD SCOTTSDALE FDSinter term treas	$0	–	-68,950	–	-0.71%	–
VTEB	Exit	VANGUARD MUN BD FD INCtax exempt bd	$0	–	-85,970	–	-0.71%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-51,675	–	-0.72%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-31,530	–	-0.74%	–
SHY	Exit	ISHARES TR1 3 yr treas bd	$0	–	-69,690	–	-0.91%	–
XLV	Exit	SELECT SECTOR SPDR TRsbi healthcare	$0	–	-68,550	–	-0.95%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-83,915	–	-1.00%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-164,890	–	-1.04%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-57,220	–	-1.06%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-172,600	–	-1.08%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-111,150	–	-1.10%	–
GOVT	Exit	ISHARES TRus treas bd etf	$0	–	-286,700	–	-1.16%	–
IYE	Exit	ISHARES TRu.s. energy etf	$0	–	-254,500	–	-1.24%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-95,330	–	-1.36%	–
IEI	Exit	ISHARES TR3 7 yr treas bd	$0	–	-72,750	–	-1.42%	–
XMLV	Exit	INVESCO EXCHNG TRADED FD TRs&p midcp low	$0	–	-179,700	–	-1.45%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-235,520	–	-1.46%	–
IEF	Exit	ISHARES TRbarclays 7 10 yr	$0	–	-84,460	–	-1.46%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-81,840	–	-1.61%	–
VOX	Exit	VANGUARD WORLD FDS	$0	–	-124,930	–	-1.66%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-187,350	–	-1.67%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-403,900	–	-1.74%	–
QLTA	Exit	ISHARES TRa rate cp bd etf	$0	–	-220,515	–	-1.86%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-112,940	–	-1.88%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-171,935	–	-1.89%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-65,310	–	-1.89%	–
VYM	Exit	VANGUARD WHITEHALL FDS INChigh div yld	$0	–	-141,100	–	-1.92%	–
SPLV	Exit	INVESCO EXCHNG TRADED FD TRs&p500 low vol	$0	–	-230,450	–	-2.05%	–
FUTY	Exit	FIDELITY COVINGTON TRmsci utils index	$0	–	-333,570	–	-2.18%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-199,470	–	-2.48%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-132,520	–	-2.59%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-115,780	–	-2.69%	–
SHYD	Exit	VANECK VECTORS ETF TRshort high yield	$0	–	-703,455	–	-2.72%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-306,095	–	-2.76%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-309,050	–	-2.91%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-59,505	–	-3.22%	–
EFAV	Exit	ISHARES TRmin vol eafe etf	$0	–	-318,165	–	-3.58%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-255,830	–	-3.67%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-160,120	–	-3.71%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-211,865	–	-3.78%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-219,720	–	-3.85%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-139,975	–	-6.38%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-587,255	–	-7.61%	–

Q3 2019

			Value		Shares		↓ Weighting
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$49,582,000	+1.7%	587,255	+0.1%	7.61%	-0.0%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$41,540,000	+0.3%	139,975	-1.0%	6.38%	-1.4%
MUB	Sell	ISHARES TRnational mun etf	$25,070,000	-4.1%	219,720	-5.0%	3.85%	-5.8%
TIP	Sell	ISHARES TRtips bd etf	$24,638,000	+0.1%	211,865	-0.6%	3.78%	-1.6%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$24,178,000	+0.7%	160,120	+0.1%	3.71%	-1.0%
IYR	Buy	ISHARES TRu.s. real es etf	$23,930,000	+7.6%	255,830	+0.5%	3.67%	+5.8%
EFAV	Buy	ISHARES TRmin vol eafe etf	$23,315,000	+41.3%	318,165	+40.0%	3.58%	+38.8%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$20,974,000	-0.5%	59,505	+0.1%	3.22%	-2.2%
XLP	Sell	SELECT SECTOR SPDR TRsbi cons stpls	$18,982,000	+4.5%	309,050	-1.2%	2.91%	+2.7%
BNDX	Sell	VANGUARD CHARLOTTE FDSintl bd idx etf	$18,008,000	-1.9%	306,095	-4.4%	2.76%	-3.6%
SHYD	Sell	VANECK VECTORS ETF TRshort high yield	$17,713,000	-0.1%	703,455	-0.7%	2.72%	-1.9%
IWM	Buy	ISHARES TRrussell 2000 etf	$17,522,000	-2.6%	115,780	+0.1%	2.69%	-4.3%
LQD	Buy	ISHARES TRiboxx inv cp etf	$16,894,000	+25.5%	132,520	+22.4%	2.59%	+23.3%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$16,167,000	+0.4%	199,470	-0.1%	2.48%	-1.4%
FUTY	Buy	FIDELITY COVINGTON TRmsci utils index	$14,173,000	+10.0%	333,570	+1.6%	2.18%	+8.0%
SPLV	Sell	INVESCO EXCHNG TRADED FD TRs&p500 low vol	$13,343,000	+5.2%	230,450	-0.0%	2.05%	+3.3%
VYM	Buy	VANGUARD WHITEHALL FDS INChigh div yld	$12,520,000	+5.9%	141,100	+4.3%	1.92%	+4.1%
QQQ	Buy	INVESCO QQQ TRunit ser 1	$12,331,000	+1.6%	65,310	+0.5%	1.89%	-0.2%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$12,307,000	+4.0%	171,935	+0.8%	1.89%	+2.2%
MBB	Sell	ISHARES TRmbs etf	$12,231,000	-1.4%	112,940	-2.0%	1.88%	-3.1%
QLTA	Sell	ISHARES TRa rate cp bd etf	$12,085,000	+0.8%	220,515	-1.1%	1.86%	-1.0%
XLF	Sell	SELECT SECTOR SPDR TRsbi int-finl	$11,309,000	+0.3%	403,900	-1.2%	1.74%	-1.5%
XLB	Sell	SELECT SECTOR SPDR TRsbi materials	$10,904,000	-1.7%	187,350	-1.2%	1.67%	-3.4%
VOX	Sell	VANGUARD WORLD FDS	$10,831,000	-1.1%	124,930	-1.1%	1.66%	-2.8%
IWD	Buy	ISHARES TRrus 1000 val etf	$10,497,000	+2.0%	81,840	+1.2%	1.61%	+0.2%
IEF	Buy	ISHARES TRbarclays 7 10 yr	$9,499,000	+57.6%	84,460	+54.2%	1.46%	+54.9%
VWO	Sell	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$9,482,000	-19.0%	235,520	-14.4%	1.46%	-20.4%
XMLV	Buy	INVESCO EXCHNG TRADED FD TRs&p midcp low	$9,454,000	+2.7%	179,700	+0.1%	1.45%	+0.9%
IEI	Buy	ISHARES TR3 7 yr treas bd	$9,225,000	+215.5%	72,750	+212.9%	1.42%	+209.8%
VNQ	Sell	VANGUARD INDEX FDSreal estate etf	$8,890,000	+6.4%	95,330	-0.2%	1.36%	+4.6%
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$7,196,000	+6.8%	111,150	-1.6%	1.10%	+5.0%
EEM	Buy	ISHARES TRmsci emg mkt etf	$7,054,000	+10.6%	172,600	+16.2%	1.08%	+8.7%
XLY	Sell	SELECT SECTOR SPDR TRsbi cons discr	$6,906,000	+0.2%	57,220	-1.0%	1.06%	-1.6%
VEA	Sell	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$6,774,000	-35.9%	164,890	-34.9%	1.04%	-37.0%
XLI	Sell	SELECT SECTOR SPDR TRsbi int-inds	$6,514,000	-0.9%	83,915	-1.1%	1.00%	-2.5%
XLV	Sell	SELECT SECTOR SPDR TRsbi healthcare	$6,178,000	-4.0%	68,550	-1.3%	0.95%	-5.7%
SHY	New	ISHARES TR1 3 yr treas bd	$5,911,000	–	69,690	–	0.91%	–
VGIT	Sell	VANGUARD SCOTTSDALE FDSinter term treas	$4,597,000	-13.0%	68,950	-13.9%	0.71%	-14.4%
INTF	Sell	ISHARES TRmultifactor intl	$4,520,000	-12.0%	177,250	-9.4%	0.69%	-13.6%
IJR	Buy	ISHARES TRcore s&p scp etf	$4,371,000	+2.6%	56,160	+3.2%	0.67%	+0.8%
USMV	Sell	ISHARES TRmsci min vol etf	$4,110,000	+3.8%	64,115	-0.0%	0.63%	+1.9%
EEMV	Buy	ISHARES INCmin vol emrg mkt	$3,582,000	+8.0%	62,750	+11.4%	0.55%	+6.2%
VCLT	New	VANGUARD SCOTTSDALE FDSlg-term cor bd	$3,158,000	–	31,225	–	0.48%	–
PHB	New	INVESCO EXCHNG TRADED FD TRfndmntl hy crp	$2,972,000	–	156,150	–	0.46%	–
IEMG	Buy	ISHARES INCcore msci emkt	$2,868,000	+11.2%	58,500	+16.7%	0.44%	+9.2%
AGG	Sell	ISHARES TRcore us aggbd et	$2,777,000	-1.7%	24,535	-3.3%	0.43%	-3.4%
TLT	Buy	ISHARES TR20 yr tr bd etf	$2,414,000	+168.5%	16,870	+149.2%	0.37%	+165.0%
RSP	Sell	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$2,308,000	-21.7%	21,350	-21.9%	0.35%	-23.2%
VUG	Buy	VANGUARD INDEX FDSgrowth etf	$2,303,000	+153.9%	13,850	+149.5%	0.35%	+149.3%
TOTL	Buy	SSGA ACTIVE ETF TRspdr tr tactic	$2,129,000	+1.4%	43,240	+1.0%	0.33%	-0.3%
XLE	Sell	SELECT SECTOR SPDR TRenergy	$1,416,000	-13.2%	23,920	-6.6%	0.22%	-14.9%
VXUS	Buy	VANGUARD STAR FDvg tl intl stk f	$790,000	+4.8%	15,300	+7.0%	0.12%	+2.5%
SHM	Sell	SPDR SERIES TRUSTnuveen blmbrg sr	$375,000	-2.1%	7,650	-2.3%	0.06%	-3.3%
IDV	New	ISHARES TRintl sel div etf	$307,000	–	10,000	–	0.05%	–
AMRN	New	AMARIN CORP PLCspons adr new	$191,000	–	12,600	–	0.03%	–
XSLV	Exit	INVESCO EXCHNG TRADED FD TRs&p smlcp low	$0	–	-66,650	–	-0.50%	–
PDP	Exit	INVESCO EXCHANGE TRADED FD Tdwa momentum	$0	–	-143,650	–	-1.35%	–
IVE	Exit	ISHARES TRs&p 500 val etf	$0	–	-95,830	–	-1.74%	–

Q2 2019

			Value		Shares		↓ Weighting
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$48,736,000	–	586,685	–	7.61%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$41,413,000	–	141,340	–	6.47%	–
MUB	New	ISHARES TRnational mun etf	$26,154,000	–	231,265	–	4.09%	–
TIP	New	ISHARES TRtips bd etf	$24,611,000	–	213,100	–	3.84%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$24,002,000	–	159,920	–	3.75%	–
IYR	New	ISHARES TRu.s. real es etf	$22,233,000	–	254,640	–	3.47%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$21,086,000	–	59,465	–	3.29%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$18,349,000	–	320,235	–	2.87%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$18,167,000	–	312,850	–	2.84%	–
IWM	New	ISHARES TRrussell 2000 etf	$17,988,000	–	115,680	–	2.81%	–
SHYD	New	VANECK VECTORS ETF TRshort high yield	$17,735,000	–	708,250	–	2.77%	–
EFAV	New	ISHARES TRmin vol eafe etf	$16,505,000	–	227,210	–	2.58%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$16,104,000	–	199,600	–	2.52%	–
LQD	New	ISHARES TRiboxx inv cp etf	$13,463,000	–	108,250	–	2.10%	–
FUTY	New	FIDELITYmsci utils index	$12,890,000	–	328,250	–	2.01%	–
SPLV	New	INVESCO EXCHNG TRADED FD TRs&p500 low vol	$12,685,000	–	230,550	–	1.98%	–
MBB	New	ISHARES TRmbs etf	$12,404,000	–	115,280	–	1.94%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$12,134,000	–	64,980	–	1.90%	–
QLTA	New	ISHARES TRa rate cp bd etf	$11,987,000	–	222,980	–	1.87%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$11,832,000	–	170,570	–	1.85%	–
VYM	New	VANGUARD WHITEHALL FDS INChigh div yld	$11,818,000	–	135,250	–	1.85%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$11,699,000	–	275,080	–	1.83%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$11,277,000	–	408,600	–	1.76%	–
IVE	New	ISHARES TRs&p 500 val etf	$11,171,000	–	95,830	–	1.74%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$11,095,000	–	189,650	–	1.73%	–
VOX	New	VANGUARD WORLD FDS	$10,952,000	–	126,330	–	1.71%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$10,560,000	–	253,175	–	1.65%	–
IWD	New	ISHARES TRrus 1000 val etf	$10,290,000	–	80,880	–	1.61%	–
XMLV	New	INVESCO EXCHNG TRADED FD TRs&p midcp low	$9,203,000	–	179,500	–	1.44%	–
IYE	New	ISHARES TRu.s. energy etf	$8,757,000	–	254,500	–	1.37%	–
PDP	New	INVESCO EXCHANGE TRADED FD Tdwa momentum	$8,665,000	–	143,650	–	1.35%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$8,352,000	–	95,555	–	1.30%	–
GOVT	New	ISHARES TRus treas bd etf	$7,401,000	–	286,700	–	1.16%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$6,892,000	–	57,820	–	1.08%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$6,736,000	–	112,960	–	1.05%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$6,570,000	–	84,865	–	1.03%	–
XLV	New	SELECT SECTOR SPDR TRsbi healthcare	$6,434,000	–	69,450	–	1.00%	–
EEM	New	ISHARES TRmsci emg mkt etf	$6,376,000	–	148,600	–	1.00%	–
IEF	New	ISHARES TRbarclays 7 10 yr	$6,026,000	–	54,770	–	0.94%	–
VGIT	New	VANGUARD SCOTTSDALE FDSinter term treas	$5,281,000	–	80,050	–	0.82%	–
INTF	New	ISHARES TRmultifactor intl	$5,138,000	–	195,650	–	0.80%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$4,939,000	–	31,530	–	0.77%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$4,643,000	–	51,675	–	0.72%	–
VTEB	New	VANGUARD MUN BD FD INCtax exempt bd	$4,562,000	–	85,970	–	0.71%	–
VMBS	New	VANGUARD SCOTTSDALE FDSmortg-back sec	$4,547,000	–	86,070	–	0.71%	–
IJR	New	ISHARES TRcore s&p scp etf	$4,261,000	–	54,430	–	0.67%	–
USMV	New	ISHARES TRmin vol usa etf	$3,959,000	–	64,140	–	0.62%	–
EEMV	New	ISHARES INCmin vol emrg mkt	$3,317,000	–	56,350	–	0.52%	–
XSLV	New	INVESCO EXCHNG TRADED FD TRs&p smlcp low	$3,198,000	–	66,650	–	0.50%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$3,133,000	–	18,740	–	0.49%	–
RSP	New	INVESCO EXCHANGE TRADED FD Ts&p500 eql wgt	$2,948,000	–	27,350	–	0.46%	–
IEI	New	ISHARES TR3 7 yr treas bd	$2,924,000	–	23,250	–	0.46%	–
IAU	New	ISHARES GOLD TRUSTishares	$2,855,000	–	211,500	–	0.45%	–
AGG	New	ISHARES TRcore us aggbd et	$2,825,000	–	25,370	–	0.44%	–
IEMG	New	ISHARES INCcore msci emkt	$2,580,000	–	50,150	–	0.40%	–
TOTL	New	SSGA ACTIVE ETF TRspdr tr tactic	$2,100,000	–	42,800	–	0.33%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$1,632,000	–	25,620	–	0.26%	–
VUG	New	VANGUARD INDEX FDSgrowth etf	$907,000	–	5,550	–	0.14%	–
TLT	New	ISHARES TR20 yr tr bd etf	$899,000	–	6,770	–	0.14%	–
VXUS	New	VANGUARD STAR FDvg tl intl stk f	$754,000	–	14,300	–	0.12%	–
IWN	New	ISHARES TRrus 2000 val etf	$488,000	–	4,050	–	0.08%	–
SHM	New	SPDR SERIES TRUSTnuveen blmbrg sr	$383,000	–	7,830	–	0.06%	–
SCHC	New	SCHWAB STRATEGIC TRintl sceqt etf	$344,000	–	10,540	–	0.05%	–
VOO	New	VANGUARD INDEX FDS	$283,000	–	1,050	–	0.04%	–
VIG	New	VANGUARD GROUPdiv app etf	$219,000	–	1,900	–	0.03%	–
SDY	New	SPDR SERIES TRUSTs&p divid etf	$202,000	–	2,000	–	0.03%	–

Q4 2018

			Value		Shares		↓ Weighting
VTWO	Exit	VANGUARD SCOTTSDALE FDSvng rus2000idx	$0	–	-1,600	–	-0.04%	–
BKLN	Exit	INVESCO EXCHNG TRADED FD TRsr ln etf	$0	–	-9,850	–	-0.04%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-3,000	–	-0.05%	–
IDEV	Exit	ISHARES TRcore msci intl	$0	–	-5,400	–	-0.06%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX Fftse europe etf	$0	–	-5,960	–	-0.06%	–
VTV	Exit	VANGUARD INDEX FDSvalue etf	$0	–	-3,540	–	-0.07%	–
IJH	Exit	ISHARES TRcore s&p mcp etf	$0	–	-2,045	–	-0.08%	–
VOO	Exit	VANGUARD INDEX FDS	$0	–	-1,600	–	-0.08%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-4,240	–	-0.10%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-12,690	–	-0.11%	–
VIG	Exit	VANGUARD GROUPdiv app etf	$0	–	-5,700	–	-0.11%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-12,600	–	-0.17%	–
VXUS	Exit	VANGUARD STAR FDvg tl intl stk f	$0	–	-19,500	–	-0.19%	–
IGHG	Exit	PROSHARES TRinvt int rt hg	$0	–	-16,000	–	-0.22%	–
IAU	Exit	ISHARES GOLD TRUSTishares	$0	–	-218,000	–	-0.45%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-17,200	–	-0.51%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-40,650	–	-0.58%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-19,440	–	-0.58%	–
IJS	Exit	ISHARES TRsp smcp600vl etf	$0	–	-20,760	–	-0.63%	–
QLTA	Exit	ISHARES TRa rate cp bd etf	$0	–	-69,480	–	-0.63%	–
VYM	Exit	VANGUARD WHITEHALL FDS INChigh div yld	$0	–	-42,800	–	-0.67%	–
VNQ	Exit	VANGUARD INDEX FDSreal estate etf	$0	–	-52,280	–	-0.76%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-43,510	–	-0.83%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-52,780	–	-0.83%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-37,560	–	-0.86%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-119,680	–	-0.93%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-46,430	–	-0.97%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-71,930	–	-0.98%	–
HYG	Exit	ISHARES TRiboxx hi yd etf	$0	–	-63,230	–	-0.99%	–
XLV	Exit	SELECT SECTOR SPDR TRsbi healthcare	$0	–	-57,500	–	-0.99%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-52,920	–	-0.99%	–
GOVT	Exit	ISHARES TRus treas bd etf	$0	–	-234,790	–	-1.03%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-48,920	–	-1.04%	–
USMV	Exit	ISHARES TRmin vol usa etf	$0	–	-118,000	–	-1.22%	–
GIGB	Exit	GOLDMAN SACHS ETF TRaccess invt gr	$0	–	-159,430	–	-1.38%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-51,630	–	-1.40%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-167,280	–	-1.59%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-164,450	–	-1.60%	–
VOX	Exit	VANGUARD WORLD FDS	$0	–	-103,960	–	-1.64%	–
PRFZ	Exit	INVESCO EXCHANGE TRADED FD Tftse rafi 1500	$0	–	-69,910	–	-1.80%	–
IGIB	Exit	ISHARES TRintrm tr crp etf	$0	–	-191,670	–	-1.84%	–
PDP	Exit	INVESCO EXCHANGE TRADED FD Tdwa momentum	$0	–	-181,310	–	-1.96%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-261,200	–	-2.04%	–
PHB	Exit	INVESCO EXCHNG TRADED FD TRfndmntl hy crp	$0	–	-659,110	–	-2.21%	–
SPLV	Exit	INVESCO EXCHNG TRADED FD TRs&p500 low vol	$0	–	-256,070	–	-2.30%	–
IYE	Exit	ISHARES TRu.s. energy etf	$0	–	-315,000	–	-2.39%	–
MTUM	Exit	ISHARES TRusa momentum fct	$0	–	-121,390	–	-2.61%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-265,480	–	-2.62%	–
IBB	Exit	ISHARES TRnasdaq biotech	$0	–	-119,100	–	-2.63%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-355,690	–	-2.64%	–
SCHC	Exit	SCHWAB STRATEGIC TRintl sceqt etf	$0	–	-414,420	–	-2.67%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-225,720	–	-2.73%	–
EFAV	Exit	ISHARES TRmin vol eafe etf	$0	–	-212,190	–	-2.80%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-574,550	–	-2.87%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-150,050	–	-2.93%	–
QQQ	Exit	INVESCO QQQ TRunit ser 1	$0	–	-90,010	–	-3.03%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-264,700	–	-3.77%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-297,760	–	-4.31%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-67,190	–	-4.47%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-240,020	–	-4.80%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-218,730	–	-6.67%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-160,360	–	-8.44%	–

Q3 2018

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$46,620,000	+11.3%	160,360	+3.9%	8.44%	+6.3%
IWM	Buy	ISHARES TRrussell 2000 etf	$36,867,000	+4.4%	218,730	+1.5%	6.67%	-0.3%
TIP	Buy	ISHARES TRtips bd etf	$26,551,000	+0.5%	240,020	+2.5%	4.80%	-4.1%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$24,690,000	+4.4%	67,190	+0.9%	4.47%	-0.3%
IYR	Buy	ISHARES TRu.s. real es etf	$23,827,000	+1.2%	297,760	+1.9%	4.31%	-3.4%
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$20,832,000	+111.4%	264,700	+112.7%	3.77%	+101.8%
QQQ	Sell	INVESCO QQQ TRunit ser 1	$16,723,000	+7.0%	90,010	-1.2%	3.03%	+2.1%
MUB	Buy	ISHARES TRnational mun etf	$16,196,000	-0.8%	150,050	+0.2%	2.93%	-5.3%
XLF	Sell	SELECT SECTOR SPDR TRsbi int-finl	$15,846,000	-19.8%	574,550	-22.7%	2.87%	-23.4%
EFAV	Buy	ISHARES TRmin vol eafe etf	$15,450,000	+3.8%	212,190	+1.5%	2.80%	-0.9%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$15,080,000	+7.7%	225,720	+0.5%	2.73%	+2.8%
SCHC	Buy	SCHWAB STRATEGIC TRintl sceqt etf	$14,778,000	+4.3%	414,420	+5.5%	2.67%	-0.4%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$14,583,000	+3.3%	355,690	+6.3%	2.64%	-1.4%
IBB	Buy	ISHARES TRnasdaq biotech	$14,523,000	+72.0%	119,100	+54.9%	2.63%	+64.1%
BNDX	Buy	VANGUARD CHARLOTTE FDSintl bd idx etf	$14,479,000	+69.1%	265,480	+69.6%	2.62%	+61.4%
MTUM	Buy	ISHARES TRusa momentum fct	$14,445,000	+10.3%	121,390	+1.7%	2.61%	+5.3%
IYE	Buy	ISHARES TRu.s. energy etf	$13,217,000	+0.3%	315,000	+0.3%	2.39%	-4.2%
SPLV	New	INVESCO EXCHNG TRADED FD TRs&p500 low vol	$12,681,000	–	256,070	–	2.30%	–
PHB	Buy	INVESCO EXCHNG TRADED FD TRfndmntl hy crp	$12,213,000	+88.1%	659,110	+85.7%	2.21%	+79.5%
VEA	Sell	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$11,302,000	-33.6%	261,200	-34.2%	2.04%	-36.6%
PDP	Buy	INVESCO EXCHANGE TRADED FD Tdwa momentum	$10,804,000	+9.6%	181,310	+1.8%	1.96%	+4.6%
IGIB	Buy	ISHARES TRintrm tr crp etf	$10,178,000	+619.3%	191,670	+1339.0%	1.84%	+587.3%
PRFZ	Buy	INVESCO EXCHANGE TRADED FD Tftse rafi 1500	$9,945,000	+4.2%	69,910	+1.9%	1.80%	-0.6%
VOX	New	VANGUARD WORLD FDS	$9,045,000	–	103,960	–	1.64%	–
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$8,869,000	+7.2%	164,450	+2.5%	1.60%	+2.4%
XLU	Buy	SELECT SECTOR SPDR TRsbi int-utils	$8,807,000	+5.9%	167,280	+4.6%	1.59%	+1.1%
VTI	Buy	VANGUARD INDEX FDStotal stk mkt	$7,726,000	+3079.4%	51,630	+2884.4%	1.40%	+2939.1%
GIGB	Sell	GOLDMAN SACHS ETF TRaccess invt gr	$7,654,000	-5.7%	159,430	-5.9%	1.38%	-10.0%
XLY	Sell	SELECT SECTOR SPDR TRsbi cons discr	$5,734,000	+6.8%	48,920	-0.4%	1.04%	+2.0%
XLV	Sell	SELECT SECTOR SPDR TRsbi healthcare	$5,471,000	-34.4%	57,500	-42.5%	0.99%	-37.4%
MBB	Sell	ISHARES TRmbs etf	$5,468,000	-3.3%	52,920	-2.5%	0.99%	-7.6%
XLK	Sell	SELECT SECTOR SPDR TRtechnology	$5,418,000	+4.6%	71,930	-3.5%	0.98%	-0.1%
EEM	Buy	ISHARES TRmsci emg mkt etf	$5,137,000	+2.3%	119,680	+3.3%	0.93%	-2.3%
IWD	Buy	ISHARES TRrus 1000 val etf	$4,756,000	+4.5%	37,560	+0.2%	0.86%	-0.2%
IJR	Sell	ISHARES TRcore s&p scp etf	$4,605,000	+4.4%	52,780	-0.2%	0.83%	-0.5%
AGG	Buy	ISHARES TRcore us aggbd et	$4,591,000	+456.5%	43,510	+460.7%	0.83%	+432.7%
VNQ	Buy	VANGUARD INDEX FDSreal estate etf	$4,218,000	+0.7%	52,280	+1.7%	0.76%	-3.9%
VYM	New	VANGUARD WHITEHALL FDS INChigh div yld	$3,727,000	–	42,800	–	0.67%	–
QLTA	New	ISHARES TRa rate cp bd etf	$3,503,000	–	69,480	–	0.63%	–
IJS	Buy	ISHARES TRsp smcp600vl etf	$3,465,000	+7.9%	20,760	+5.6%	0.63%	+3.1%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$3,177,000	-0.9%	40,650	-1.0%	0.58%	-5.4%
VB	Sell	VANGUARD INDEX FDSsmall cp etf	$2,796,000	-6.0%	17,200	-9.9%	0.51%	-10.3%
IAU	Buy	ISHARES GOLD TRUSTishares	$2,492,000	-1.7%	218,000	+3.4%	0.45%	-6.0%
VXUS	Buy	VANGUARD STAR FDvg tl intl stk f	$1,053,000	+16.6%	19,500	+16.8%	0.19%	+11.7%
XLE	Buy	SELECT SECTOR SPDR TRenergy	$954,000	+0.7%	12,600	+1.0%	0.17%	-3.9%
VIG	Sell	VANGUARD GROUPdiv app etf	$631,000	-17.2%	5,700	-24.0%	0.11%	-20.8%
SHM	Sell	SPDR SER TRnuveen blmbrg sr	$605,000	-9.8%	12,690	-9.3%	0.11%	-14.2%
IWN	Sell	ISHARES TRrus 2000 val etf	$564,000	-5.8%	4,240	-6.6%	0.10%	-10.5%
VTV	New	VANGUARD INDEX FDSvalue etf	$392,000	–	3,540	–	0.07%	–
VGK	Buy	VANGUARD INTL EQUITY INDEX Fftse europe etf	$335,000	+60.3%	5,960	+59.8%	0.06%	+52.5%
SDY	Sell	SPDR SERIES TRUSTs&p divid etf	$294,000	-1.0%	3,000	-6.2%	0.05%	-5.4%
BKLN	Sell	INVESCO EXCHNG TRADED FD TRsr ln etf	$228,000	-97.8%	9,850	-97.8%	0.04%	-97.9%
VSS	Exit	VANGUARD INTL EQUITY INDEX Fftse smcap etf	$0	–	-2,000	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAY INC DELcl a	$0	–	-2	–	-0.11%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-66,460	–	-0.90%	–
VRP	Exit	INVESCO EXCHNG TRADED FD TRvar rate pfd	$0	–	-233,370	–	-1.10%	–
IGOV	Exit	ISHARES TRintl trea bd etf	$0	–	-127,620	–	-1.19%	–
VT	Exit	VANGUARD INTL EQUITY INDEX Ftt wrld st etf	$0	–	-96,500	–	-1.34%	–
EEMV	Exit	ISHARES INCmin vol emrg mkt	$0	–	-151,180	–	-1.66%	–
CWB	Exit	SPDR SERIES TRUSTblmbrg brc cnvrt	$0	–	-254,330	–	-2.56%	–

Q2 2018

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$41,888,000	–	154,410	–	7.94%	–
IWM	New	ISHARES TRrussell 2000 etf	$35,304,000	–	215,570	–	6.69%	–
TIP	New	ISHARES TRtips bd etf	$26,430,000	–	234,160	–	5.01%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$23,644,000	–	66,600	–	4.48%	–
IYR	New	ISHARES TRu.s. real es etf	$23,552,000	–	292,280	–	4.46%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$19,753,000	–	742,870	–	3.74%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$17,025,000	–	396,860	–	3.23%	–
MUB	New	ISHARES TRnational mun etf	$16,325,000	–	149,715	–	3.10%	–
QQQ	New	INVESCO QQQ TRunit ser 1	$15,634,000	–	91,080	–	2.96%	–
EFAV	New	ISHARES TRmin vol eafe etf	$14,879,000	–	209,150	–	2.82%	–
SCHC	New	SCHWAB STRATEGIC TRintl sceqt etf	$14,166,000	–	392,730	–	2.68%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$14,116,000	–	334,500	–	2.68%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$14,007,000	–	224,680	–	2.66%	–
CWB	New	SPDR SERIES TRUSTblmbrg brc cnvrt	$13,485,000	–	254,330	–	2.56%	–
IYE	New	ISHARES TRu.s. energy etf	$13,178,000	–	314,200	–	2.50%	–
MTUM	New	ISHARES TRusa momentum fct	$13,091,000	–	119,330	–	2.48%	–
BKLN	New	INVESCO EXCHNG TRADED FD TRsr ln etf	$10,319,000	–	450,605	–	1.96%	–
PDP	New	INVESCO EXCHANGE TRADED FD Tdwa momentum	$9,861,000	–	178,190	–	1.87%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$9,853,000	–	124,425	–	1.87%	–
PRFZ	New	INVESCO EXCHANGE TRADED FD Tftse rafi 1500	$9,548,000	–	68,610	–	1.81%	–
EEMV	New	ISHARES INCmin vol emrg mkt	$8,744,000	–	151,180	–	1.66%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$8,562,000	–	156,490	–	1.62%	–
IBB	New	ISHARES TRnasdaq biotech	$8,444,000	–	76,890	–	1.60%	–
XLV	New	SELECT SECTOR SPDR TRsbi healthcare	$8,340,000	–	99,930	–	1.58%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$8,313,000	–	159,980	–	1.58%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$8,271,000	–	160,500	–	1.57%	–
GIGB	New	GOLDMAN SACHS ETF TRaccess invt gr	$8,118,000	–	169,480	–	1.54%	–
VT	New	VANGUARD INTL EQUITY INDEX Ftt wrld st etf	$7,080,000	–	96,500	–	1.34%	–
PHB	New	INVESCO EXCHNG TRADED FD TRfndmntl hy crp	$6,492,000	–	354,950	–	1.23%	–
IGOV	New	ISHARES TRintl trea bd etf	$6,280,000	–	127,620	–	1.19%	–
USMV	New	ISHARES TRmin vol usa etf	$6,273,000	–	118,000	–	1.19%	–
VRP	New	INVESCO EXCHNG TRADED FD TRvar rate pfd	$5,799,000	–	233,370	–	1.10%	–
GOVT	New	ISHARES TRus treas bd etf	$5,782,000	–	234,790	–	1.10%	–
MBB	New	ISHARES TRmbs etf	$5,653,000	–	54,260	–	1.07%	–
HYG	New	ISHARES TRiboxx hi yd etf	$5,380,000	–	63,230	–	1.02%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$5,368,000	–	49,110	–	1.02%	–
LQD	New	ISHARES TRiboxx inv cp etf	$5,319,000	–	46,430	–	1.01%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$5,178,000	–	74,530	–	0.98%	–
EEM	New	ISHARES TRmsci emg mkt etf	$5,021,000	–	115,880	–	0.95%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$4,761,000	–	66,460	–	0.90%	–
IWD	New	ISHARES TRrus 1000 val etf	$4,551,000	–	37,490	–	0.86%	–
IJR	New	ISHARES TRcore s&p scp etf	$4,413,000	–	52,880	–	0.84%	–
VNQ	New	VANGUARD INDEX FDSreal estate etf	$4,188,000	–	51,420	–	0.79%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$3,206,000	–	41,050	–	0.61%	–
IJS	New	ISHARES TRsp smcp600vl etf	$3,210,000	–	19,660	–	0.61%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$3,065,000	–	19,440	–	0.58%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$2,973,000	–	19,100	–	0.56%	–
IAU	New	ISHARES GOLD TRUSTishares	$2,534,000	–	210,800	–	0.48%	–
IGIB	New	ISHARES TRintrmd cr bd etf	$1,415,000	–	13,320	–	0.27%	–
IGHG	New	PROSHARES TRinvt int rt hg	$1,183,000	–	16,000	–	0.22%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$947,000	–	12,470	–	0.18%	–
VXUS	New	VANGUARD STAR FDvg tl intl stk f	$903,000	–	16,700	–	0.17%	–
AGG	New	ISHARES TRcore us aggbd et	$825,000	–	7,760	–	0.16%	–
VIG	New	VANGUARD GROUPdiv app etf	$762,000	–	7,500	–	0.14%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$671,000	–	13,990	–	0.13%	–
IWN	New	ISHARES TRrus 2000 val etf	$599,000	–	4,540	–	0.11%	–
BRKA	New	BERKSHIRE HATHAWAY INC DELcl a	$564,000	–	2	–	0.11%	–
VOO	New	VANGUARD INDEX FDS	$399,000	–	1,600	–	0.08%	–
IJH	New	ISHARES TRcore s&p mcp etf	$398,000	–	2,045	–	0.08%	–
IDEV	New	ISHARES TRcore msci intl	$302,000	–	5,400	–	0.06%	–
SDY	New	SPDR SERIES TRUSTs&p divid etf	$297,000	–	3,200	–	0.06%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$243,000	–	1,730	–	0.05%	–
VSS	New	VANGUARD INTL EQUITY INDEX Fftse smcap etf	$231,000	–	2,000	–	0.04%	–
VTWO	New	VANGUARD SCOTTSDALE FDSvng rus2000idx	$210,000	–	1,600	–	0.04%	–
VGK	New	VANGUARD INTL EQUITY INDEX Fftse europe etf	$209,000	–	3,730	–	0.04%	–

Q4 2017

			Value		Shares		↓ Weighting
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-1,835	–	-0.05%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX Fftse europe etf	$0	–	-4,400	–	-0.05%	–
BSV	Exit	VANGUARD BD INDEX FD INCshort trm bond	$0	–	-3,320	–	-0.05%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSlg-term cor bd	$0	–	-2,800	–	-0.05%	–
VYM	Exit	VANGUARD WHITEHALL FDS INChigh div yld	$0	–	-3,600	–	-0.06%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-3,550	–	-0.06%	–
IJS	Exit	ISHARES TRsp smcp600vl etf	$0	–	-2,385	–	-0.07%	–
IJH	Exit	ISHARES TRcore s&p mcp etf	$0	–	-2,235	–	-0.08%	–
VIG	Exit	VANGUARD SPECIALIZED PORTFOLdiv app etf	$0	–	-6,900	–	-0.13%	–
IVE	Exit	ISHARES TRs&p 500 val etf	$0	–	-6,380	–	-0.14%	–
IWR	Exit	ISHARES TRrus mid cap etf	$0	–	-4,497	–	-0.18%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-7,600	–	-0.19%	–
SHM	Exit	SPDR SER TRnuveen blmbrg sr	$0	–	-21,610	–	-0.21%	–
IGHG	Exit	PROSHARES TRinvt int rt hg	$0	–	-16,000	–	-0.24%	–
VTWO	Exit	VANGUARD SCOTTSDALE FDSvng rus2000idx	$0	–	-12,200	–	-0.29%	–
IGIB	Exit	ISHARES TRintrmd cr bd etf	$0	–	-14,410	–	-0.32%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-19,900	–	-0.58%	–
VXUS	Exit	VANGUARD STAR FDvg tl intl stk f	$0	–	-54,000	–	-0.59%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-54,500	–	-0.64%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-39,660	–	-0.71%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-27,550	–	-0.78%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-62,378	–	-0.92%	–
IAU	Exit	ISHARES GOLD TRUSTishares	$0	–	-381,500	–	-0.94%	–
GOVT	Exit	ISHARES TRus treas bd etf	$0	–	-189,400	–	-0.95%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-48,630	–	-1.04%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-99,380	–	-1.05%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-104,000	–	-1.18%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-89,000	–	-1.21%	–
VRP	Exit	POWERSHARES ETF TR IIvar rate pfd por	$0	–	-264,450	–	-1.37%	–
HYG	Exit	ISHARES TRiboxx hi yd etf	$0	–	-81,950	–	-1.45%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-142,600	–	-1.55%	–
BKLN	Exit	POWERSHARES ETF TRUST IIsenior ln port	$0	–	-347,600	–	-1.60%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-101,290	–	-1.61%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-62,090	–	-1.80%	–
IBB	Exit	ISHARES TRnasdaq biotech	$0	–	-28,500	–	-1.89%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-134,000	–	-1.89%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-80,650	–	-1.95%	–
CWB	Exit	SPDR SERIES TRUSTblmbrg brc cnvrt	$0	–	-199,050	–	-2.02%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-303,750	–	-2.04%	–
PRFZ	Exit	POWERSHARES ETF TRUSTftse us1500 sm	$0	–	-82,870	–	-2.07%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-235,440	–	-2.10%	–
XSLV	Exit	POWERSHARES ETF TR IIs&p600 lovl pt	$0	–	-237,900	–	-2.18%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-146,280	–	-2.33%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-107,406	–	-2.37%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-106,590	–	-2.52%	–
USMV	Exit	ISHARES TRmin vol usa etf	$0	–	-251,050	–	-2.52%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-116,680	–	-2.64%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-237,080	–	-2.81%	–
MTUM	Exit	ISHARES TRusa momentum fct	$0	–	-149,960	–	-2.86%	–
PHB	Exit	POWERSHARES ETF TR IIfdm hg yld rafi	$0	–	-775,140	–	-2.94%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-193,465	–	-3.20%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-409,410	–	-3.54%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-61,270	–	-3.98%	–
EFAV	Exit	ISHARES TRmin vol eafe etf	$0	–	-294,080	–	-4.16%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-833,660	–	-4.29%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-614,980	–	-5.34%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-252,250	–	-7.44%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-175,850	–	-8.80%	–

Q3 2017

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TRtr unit	$44,179,000	+10.8%	175,850	+6.6%	8.80%	-2.7%
IWM	Buy	ISHARES TRrussell 2000 etf	$37,378,000	+24.2%	252,250	+18.1%	7.44%	+9.1%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$26,795,000	+84.5%	614,980	+72.9%	5.34%	+62.0%
XLF	Buy	SELECT SECTOR SPDR TRsbi int-finl	$21,558,000	+12.4%	833,660	+7.2%	4.29%	-1.3%
EFAV	Sell	ISHARES TRmin vol eafe etf	$20,897,000	+2.3%	294,080	-0.4%	4.16%	-10.2%
MDY	Sell	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$19,994,000	-10.3%	61,270	-12.7%	3.98%	-21.2%
VEA	Buy	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$17,772,000	+35.6%	409,410	+29.1%	3.54%	+19.1%
VNQ	Sell	VANGUARD INDEX FDSreit etf	$16,075,000	-4.8%	193,465	-4.7%	3.20%	-16.4%
PHB	Buy	POWERSHARES ETF TR IIfdm hg yld rafi	$14,790,000	+38.9%	775,140	+38.4%	2.94%	+22.0%
MTUM	Buy	ISHARES TRusa momentum fct	$14,348,000	+21.0%	149,960	+12.4%	2.86%	+6.3%
NOBL	Sell	PROSHARES TRs&p 500 dv arist	$14,094,000	-0.4%	237,080	-3.2%	2.81%	-12.5%
TIP	Buy	ISHARES TRtips bd etf	$13,253,000	+8.3%	116,680	+8.1%	2.64%	-4.9%
USMV	Sell	ISHARES TRmin vol usa etf	$12,638,000	-12.6%	251,050	-15.0%	2.52%	-23.2%
IWD	Buy	ISHARES TRrus 1000 val etf	$12,632,000	+8.1%	106,590	+6.2%	2.52%	-5.1%
MUB	Buy	ISHARES TRnational mun etf	$11,908,000	+10.3%	107,406	+9.6%	2.37%	-3.1%
VCSH	Buy	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$11,721,000	+15.4%	146,280	+15.2%	2.33%	+1.3%
XSLV	Buy	POWERSHARES ETF TR IIs&p600 lovl pt	$10,929,000	+168.1%	237,900	+154.6%	2.18%	+135.5%
EEM	Sell	ISHARES TRmsci emg mkt etf	$10,550,000	+8.1%	235,440	-0.1%	2.10%	-5.1%
PRFZ	New	POWERSHARES ETF TRUSTftse us1500 sm	$10,388,000	–	82,870	–	2.07%	–
IDV	Buy	ISHARES TRintl sel div etf	$10,255,000	+14.6%	303,750	+11.0%	2.04%	+0.6%
CWB	Buy	SPDR SERIES TRUSTblmbrg brc cnvrt	$10,165,000	+13.9%	199,050	+10.7%	2.02%	+0.0%
LQD	Buy	ISHARES TRiboxx inv cp etf	$9,777,000	+14.2%	80,650	+13.5%	1.95%	+0.3%
XLI	Buy	SELECT SECTOR SPDR TRsbi int-inds	$9,514,000	+74.6%	134,000	+67.5%	1.89%	+53.4%
IBB	Buy	ISHARES TRnasdaq biotech	$9,507,000	+80.4%	28,500	+67.6%	1.89%	+58.4%
QQQ	Sell	POWERSHARES QQQ TRUSTunit ser 1	$9,031,000	+4.8%	62,090	-0.9%	1.80%	-8.0%
IYR	Buy	ISHARES TRu.s. real es etf	$8,091,000	+15.1%	101,290	+14.9%	1.61%	+1.1%
BKLN	Buy	POWERSHARES ETF TRUST IIsenior ln port	$8,050,000	+24.9%	347,600	+24.8%	1.60%	+9.7%
BNDX	Buy	VANGUARD CHARLOTTE FDSintl bd idx etf	$7,785,000	+17.9%	142,600	+17.4%	1.55%	+3.5%
VRP	Buy	POWERSHARES ETF TR IIvar rate pfd por	$6,889,000	+17.0%	264,450	+17.5%	1.37%	+2.8%
XLE	Buy	SELECT SECTOR SPDR TRenergy	$6,095,000	+87.8%	89,000	+78.0%	1.21%	+64.8%
XLB	Buy	SELECT SECTOR SPDR TRsbi materials	$5,907,000	+77.1%	104,000	+67.7%	1.18%	+55.6%
MBB	Buy	ISHARES TRmbs etf	$5,208,000	+27.7%	48,630	+27.3%	1.04%	+12.1%
IJR	Buy	ISHARES TRcore s&p scp etf	$4,630,000	+13.7%	62,378	+7.4%	0.92%	-0.1%
VB	Buy	VANGUARD INDEX FDSsmall cp etf	$3,893,000	+39.8%	27,550	+34.1%	0.78%	+22.8%
XLY	Buy	SELECT SECTOR SPDR TRsbi cons discr	$3,573,000	+69.1%	39,660	+68.3%	0.71%	+48.4%
VXUS	Buy	VANGUARD STAR FDvg tl intl stk f	$2,955,000	+110.6%	54,000	+100.0%	0.59%	+84.9%
IGIB	Sell	ISHARES TRintrmd cr bd etf	$1,587,000	-44.4%	14,410	-44.6%	0.32%	-51.2%
VTWO	Buy	VANGUARD SCOTTSDALE FDSvng rus2000idx	$1,451,000	+130.0%	12,200	+117.9%	0.29%	+102.1%
SHM	Sell	SPDR SER TRnuveen blmbrg sr	$1,050,000	-28.2%	21,610	-28.3%	0.21%	-37.0%
IWN	Sell	ISHARES TRrus 2000 val etf	$943,000	-4.5%	7,600	-8.4%	0.19%	-16.1%
IWR	Sell	ISHARES TRrus mid cap etf	$887,000	-9.4%	4,497	-11.8%	0.18%	-20.3%
IVE	Sell	ISHARES TRs&p 500 val etf	$688,000	-89.8%	6,380	-90.0%	0.14%	-91.0%
VIG	Sell	VANGUARD SPECIALIZED PORTFOLdiv app etf	$654,000	-10.8%	6,900	-12.8%	0.13%	-21.7%
IJH	Sell	ISHARES TRcore s&p mcp etf	$400,000	-5.7%	2,235	-8.2%	0.08%	-16.7%
IJS	New	ISHARES TRsp smcp600vl etf	$354,000	–	2,385	–	0.07%	–
SDY	Sell	SPDR SERIES TRUSTs&p divid etf	$324,000	-10.0%	3,550	-12.3%	0.06%	-20.7%
VCLT	Buy	VANGUARD SCOTTSDALE FDSlg-term cor bd	$264,000	+28.8%	2,800	+27.3%	0.05%	+15.2%
BSV	Sell	VANGUARD BD INDEX FD INCshort trm bond	$265,000	-95.5%	3,320	-95.5%	0.05%	-96.0%
IHE	Exit	ISHARES TRu.s. pharma etf	$0	–	-4,300	–	-0.15%	–
SLQD	Exit	ISHARES TR0-5yr invt gr cp	$0	–	-36,000	–	-0.41%	–
VOE	Exit	VANGUARD INDEX FDSmcap vl idxvip	$0	–	-85,930	–	-2.00%	–

Q2 2017

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRtr unit	$39,887,000	–	164,960	–	9.04%	–
IWM	New	ISHARES TRrussell 2000 etf	$30,095,000	–	213,560	–	6.82%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$22,291,000	–	70,180	–	5.05%	–
EFAV	New	ISHARES TRmin vol eafe etf	$20,435,000	–	295,130	–	4.63%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$19,186,000	–	777,710	–	4.35%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$16,893,000	–	202,965	–	3.83%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$14,526,000	–	355,780	–	3.29%	–
USMV	New	ISHARES TRmin vol usa etf	$14,456,000	–	295,450	–	3.28%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$14,152,000	–	244,980	–	3.21%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$13,107,000	–	317,200	–	2.97%	–
TIP	New	ISHARES TRtips bd etf	$12,240,000	–	107,910	–	2.77%	–
MTUM	New	ISHARES TRusa momentum fct	$11,854,000	–	133,360	–	2.69%	–
IWD	New	ISHARES TRrus 1000 val etf	$11,688,000	–	100,390	–	2.65%	–
MUB	New	ISHARES TRnational mun etf	$10,796,000	–	98,035	–	2.45%	–
PHB	New	POWERSHARES ETF TR IIfdm hg yld rafi	$10,649,000	–	559,880	–	2.41%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$10,161,000	–	126,950	–	2.30%	–
EEM	New	ISHARES TRmsci emg mkt etf	$9,757,000	–	235,740	–	2.21%	–
IDV	New	ISHARES TRintl sel div etf	$8,952,000	–	273,600	–	2.03%	–
CWB	New	SPDR SERIES TRUSTblmbrg brc cnvrt	$8,923,000	–	179,830	–	2.02%	–
VOE	New	VANGUARD INDEX FDSmcap vl idxvip	$8,840,000	–	85,930	–	2.00%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$8,620,000	–	62,630	–	1.95%	–
LQD	New	ISHARES TRiboxx inv cp etf	$8,562,000	–	71,050	–	1.94%	–
HYG	New	ISHARES TRiboxx hi yd etf	$7,244,000	–	81,950	–	1.64%	–
IYR	New	ISHARES TRu.s. real es etf	$7,031,000	–	88,140	–	1.59%	–
IVE	New	ISHARES TRs&p 500 val etf	$6,727,000	–	64,090	–	1.52%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$6,604,000	–	121,480	–	1.50%	–
BKLN	New	POWERSHARES ETF TRUST IIsenior ln port	$6,446,000	–	278,550	–	1.46%	–
BSV	New	VANGUARD BD INDEX FD INCshort trm bond	$5,903,000	–	73,920	–	1.34%	–
VRP	New	POWERSHARES ETF TR IIvar rate pfd por	$5,890,000	–	225,150	–	1.34%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$5,449,000	–	80,000	–	1.24%	–
IBB	New	ISHARES TRnasdq biotec etf	$5,271,000	–	17,000	–	1.20%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$5,164,000	–	99,380	–	1.17%	–
GOVT	New	ISHARES TRus treasury etf	$4,784,000	–	189,400	–	1.08%	–
IAU	New	ISHARES GOLD TRUSTishares	$4,555,000	–	381,500	–	1.03%	–
MBB	New	ISHARES TRmbs etf	$4,079,000	–	38,210	–	0.92%	–
XSLV	New	POWERSHARES ETF TR IIs&p600 lovl pt	$4,077,000	–	93,450	–	0.92%	–
IJR	New	ISHARES TRcore s&p scp etf	$4,073,000	–	58,098	–	0.92%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$3,336,000	–	62,000	–	0.76%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$3,246,000	–	50,000	–	0.74%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$2,982,000	–	54,500	–	0.68%	–
IGIB	New	ISHARES TRinterm cr bd etf	$2,855,000	–	26,010	–	0.65%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$2,836,000	–	19,900	–	0.64%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$2,785,000	–	20,550	–	0.63%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$2,113,000	–	23,570	–	0.48%	–
SLQD	New	ISHARES TR0-5yr invt gr cp	$1,819,000	–	36,000	–	0.41%	–
SHM	New	SPDR SER TRnuveen blmbrg sr	$1,463,000	–	30,160	–	0.33%	–
VXUS	New	VANGUARD STAR FDvg tl intl stk f	$1,403,000	–	27,000	–	0.32%	–
IGHG	New	PROSHARES TRinvt int rt hg	$1,224,000	–	16,000	–	0.28%	–
IWN	New	ISHARES TRrus 2000 val etf	$987,000	–	8,300	–	0.22%	–
IWR	New	ISHARES TRrus mid cap etf	$979,000	–	5,097	–	0.22%	–
VIG	New	VANGUARD SPECIALIZED PORTFOLdiv app etf	$733,000	–	7,910	–	0.17%	–
IHE	New	ISHARES TRu.s. pharma etf	$667,000	–	4,300	–	0.15%	–
VTWO	New	VANGUARD SCOTTSDALE FDSvng rus2000idx	$631,000	–	5,600	–	0.14%	–
IJH	New	ISHARES TRcore s&p mcp etf	$424,000	–	2,435	–	0.10%	–
SDY	New	SPDR SERIES TRUSTs&p divid etf	$360,000	–	4,050	–	0.08%	–
VYM	New	VANGUARD WHITEHALL FDS INChigh div yld	$281,000	–	3,600	–	0.06%	–
VGK	New	VANGUARD INTL EQUITY INDEX Fftse europe etf	$243,000	–	4,400	–	0.06%	–
VTI	New	VANGUARD INDEX FDStotal stk mkt	$228,000	–	1,835	–	0.05%	–
VCLT	New	VANGUARD SCOTTSDALE FDSlg-term cor bd	$205,000	–	2,200	–	0.05%	–

Q4 2016

			Value		Shares		↓ Weighting
PVCT	Exit	PROVECTUS BIOPHARMACEUTICALS	$0	–	-10,000	–	0.00%	–
VTI	Exit	VANGUARD INDEX FDStotal stk mkt	$0	–	-1,920	–	-0.08%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-4,750	–	-0.10%	–
IHE	Exit	ISHARES TRu.s. pharma etf	$0	–	-1,800	–	-0.10%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-5,870	–	-0.11%	–
IJH	Exit	ISHARES TRcore s&p mcp etf	$0	–	-1,975	–	-0.12%	–
EEM	Exit	ISHARES TRmsci emg mkt etf	$0	–	-8,450	–	-0.12%	–
BKLN	Exit	POWERSHARES ETF TRUST IIsenior ln port	$0	–	-15,900	–	-0.14%	–
VPU	Exit	VANGUARD WORLD FDSutilities etf	$0	–	-4,070	–	-0.17%	–
SDY	Exit	SPDR SERIES TRUSTs&p divid etf	$0	–	-5,950	–	-0.20%	–
IWN	Exit	ISHARES TRrus 2000 val etf	$0	–	-5,120	–	-0.21%	–
VIG	Exit	VANGUARD SPECIALIZED PORTFOLdiv app etf	$0	–	-9,170	–	-0.30%	–
MTUM	Exit	ISHARES TRusa momentum fct	$0	–	-11,320	–	-0.34%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$0	–	-3,400	–	-0.37%	–
XLRE	Exit	SELECT SECTOR SPDR TRrl est sel sec	$0	–	-31,017	–	-0.39%	–
VGK	Exit	VANGUARD INTL EQUITY INDEX Fftse europe etf	$0	–	-23,700	–	-0.45%	–
AGG	Exit	ISHARES TRcore us aggbd et	$0	–	-12,660	–	-0.55%	–
IWR	Exit	ISHARES TRrus mid-cap etf	$0	–	-9,205	–	-0.62%	–
IDV	Exit	ISHARES TRintl sel div etf	$0	–	-54,740	–	-0.64%	–
VDC	Exit	VANGUARD WORLD FDSconsum stp etf	$0	–	-15,000	–	-0.80%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-24,025	–	-0.81%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-21,200	–	-1.06%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-23,005	–	-1.09%	–
IJR	Exit	ISHARES TRcore s&p scp etf	$0	–	-25,944	–	-1.25%	–
ACWV	Exit	ISHARESmin vol gbl etf	$0	–	-42,475	–	-1.25%	–
XMLV	Exit	POWERSHARES ETF TR IIs&p400 lovl pt	$0	–	-90,790	–	-1.37%	–
IJS	Exit	ISHARES TRsp smcp600vl etf	$0	–	-29,335	–	-1.42%	–
IGOV	Exit	ISHARES TRintl trea bd etf	$0	–	-41,520	–	-1.62%	–
IYR	Exit	ISHARES TRu.s. real es etf	$0	–	-51,870	–	-1.62%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-228,500	–	-1.71%	–
CWB	Exit	SPDR SERIES TRUSTbrc cnv secs etf	$0	–	-95,370	–	-1.71%	–
IGIB	Exit	ISHARES TRinterm cr bd etf	$0	–	-44,140	–	-1.90%	–
IEF	Exit	ISHARES TR7-10 y tr bd etf	$0	–	-44,490	–	-1.93%	–
IVE	Exit	ISHARES TRs&p 500 val etf	$0	–	-52,740	–	-1.94%	–
XSLV	Exit	POWERSHARES ETF TR IIs&p600 lovl pt	$0	–	-136,770	–	-2.05%	–
BNDX	Exit	VANGUARD CHARLOTTE FDSintl bd idx etf	$0	–	-103,310	–	-2.24%	–
NOBL	Exit	PROSHARES TRs&p 500 dv arist	$0	–	-107,120	–	-2.26%	–
PLW	Exit	POWERSHARES ETF TR IIi-30 lad treas	$0	–	-172,920	–	-2.33%	–
MUB	Exit	ISHARES TRnational mun etf	$0	–	-55,125	–	-2.41%	–
VYM	Exit	VANGUARD WHITEHALL FDS INChigh div yld	$0	–	-88,220	–	-2.47%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSlg-term cor bd	$0	–	-66,540	–	-2.47%	–
TIP	Exit	ISHARES TRtips bd etf	$0	–	-60,010	–	-2.71%	–
VRP	Exit	POWERSHARES ETF TR IIvar rate pfd por	$0	–	-335,250	–	-3.32%	–
MBB	Exit	ISHARES TRmbs etf	$0	–	-77,840	–	-3.32%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$0	–	-234,970	–	-3.43%	–
IWD	Exit	ISHARES TRrus 1000 val etf	$0	–	-87,440	–	-3.58%	–
IWM	Exit	ISHARES TRrussell 2000 etf	$0	–	-74,680	–	-3.60%	–
LQD	Exit	ISHARES TRiboxx inv cp etf	$0	–	-78,830	–	-3.76%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$0	–	-145,350	–	-4.54%	–
PHB	Exit	POWERSHARES ETF TR IIfdm hg yld rafi	$0	–	-648,130	–	-4.74%	–
EFAV	Exit	ISHARES TRmin vol eafe etf	$0	–	-189,670	–	-4.97%	–
SPY	Exit	SPDR S&P 500 ETF TRtr unit	$0	–	-71,520	–	-6.00%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-132,710	–	-6.11%	–
USMV	Exit	ISHARES TRmin vol usa etf	$0	–	-409,750	–	-7.22%	–

Q3 2016

			Value		Shares		↓ Weighting
USMV	Sell	ISHARES TRmin vol usa etf	$18,615,000	-4.6%	409,750	-3.0%	7.22%	-7.2%
QQQ	Sell	POWERSHARES QQQ TRUSTunit ser 1	$15,755,000	+10.0%	132,710	-0.4%	6.11%	+7.0%
SPY	Sell	SPDR S&P 500 ETF TRtr unit	$15,470,000	-4.1%	71,520	-7.1%	6.00%	-6.6%
EFAV	Buy	ISHARES TRmin vol eafe etf	$12,829,000	+2.3%	189,670	+0.4%	4.97%	-0.4%
PHB	Buy	POWERSHARES ETF TR IIfdm hg yld rafi	$12,230,000	+52.1%	648,130	+48.3%	4.74%	+48.0%
VCSH	Sell	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$11,708,000	-18.7%	145,350	-18.4%	4.54%	-20.9%
LQD	Buy	ISHARES TRiboxx inv cp etf	$9,710,000	+7.1%	78,830	+6.8%	3.76%	+4.3%
IWM	Sell	ISHARES TRrussell 2000 etf	$9,276,000	+7.2%	74,680	-0.8%	3.60%	+4.3%
IWD	Buy	ISHARES TRrus 1000 val etf	$9,235,000	+3.1%	87,440	+0.7%	3.58%	+0.3%
VWO	Buy	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$8,842,000	+7.4%	234,970	+0.5%	3.43%	+4.5%
MBB	Buy	ISHARES TRmbs etf	$8,569,000	+1.0%	77,840	+0.9%	3.32%	-1.7%
VRP	Buy	POWERSHARES ETF TR IIvar rate pfd por	$8,552,000	+2.9%	335,250	+0.2%	3.32%	+0.1%
TIP	Buy	ISHARES TRtips bd etf	$6,991,000	+101.4%	60,010	+101.6%	2.71%	+96.0%
VCLT	Sell	VANGUARD SCOTTSDALE FDSlg-term cor bd	$6,368,000	+0.6%	66,540	-0.7%	2.47%	-2.1%
VYM	Buy	VANGUARD WHITEHALL FDS INChigh div yld	$6,364,000	+12.4%	88,220	+11.4%	2.47%	+9.4%
MUB	Buy	ISHARES TRnational mun etf	$6,215,000	+3.0%	55,125	+4.1%	2.41%	+0.2%
PLW	Buy	POWERSHARES ETF TR IIi-30 lad treas	$6,008,000	+6.8%	172,920	+8.1%	2.33%	+3.9%
NOBL	Buy	PROSHARES TRs&p 500 dv arist	$5,820,000	+1.9%	107,120	+2.1%	2.26%	-0.8%
BNDX	Sell	VANGUARD CHARLOTTE FDSintl bd idx etf	$5,789,000	-8.6%	103,310	-9.2%	2.24%	-11.1%
XSLV	Sell	POWERSHARES ETF TR IIs&p600 lovl pt	$5,292,000	+3.7%	136,770	-0.8%	2.05%	+0.9%
IVE	Buy	ISHARES TRs&p 500 val etf	$5,008,000	+150.8%	52,740	+145.3%	1.94%	+143.8%
IEF	Sell	ISHARES TR7-10 y tr bd etf	$4,978,000	-1.1%	44,490	-0.1%	1.93%	-3.7%
IGIB	Buy	ISHARES TRinterm cr bd etf	$4,915,000	+1.4%	44,140	+1.4%	1.90%	-1.3%
CWB	Sell	SPDR SERIES TRUSTbrc cnv secs etf	$4,421,000	-4.7%	95,370	-9.8%	1.71%	-7.2%
XLF	Buy	SELECT SECTOR SPDR TRsbi int-finl	$4,410,000	-14.0%	228,500	+1.8%	1.71%	-16.4%
IYR	Sell	ISHARES TRu.s. real es etf	$4,183,000	-2.4%	51,870	-0.3%	1.62%	-5.1%
IGOV	Buy	ISHARES TRintl trea bd etf	$4,169,000	+1.3%	41,520	+0.5%	1.62%	-1.4%
IJS	Buy	ISHARES TRsp smcp600vl etf	$3,661,000	+97.8%	29,335	+85.1%	1.42%	+92.5%
XMLV	Sell	POWERSHARES ETF TR IIs&p400 lovl pt	$3,527,000	-36.3%	90,790	-35.9%	1.37%	-38.1%
ACWV	New	ISHARESmin vol gbl etf	$3,236,000	–	42,475	–	1.25%	–
IJR	Buy	ISHARES TRcore s&p scp etf	$3,221,000	+10.0%	25,944	+3.0%	1.25%	+7.0%
VNQ	Buy	VANGUARD INDEX FDSreit etf	$2,084,000	-0.6%	24,025	+1.6%	0.81%	-3.2%
IDV	New	ISHARES TRintl sel div etf	$1,641,000	–	54,740	–	0.64%	–
IWR	Buy	ISHARES TRrus mid-cap etf	$1,605,000	+9.6%	9,205	+5.7%	0.62%	+6.7%
VGK	Buy	VANGUARD INTL EQUITY INDEX Fftse europe etf	$1,155,000	+20.7%	23,700	+15.6%	0.45%	+17.6%
XLRE	New	SELECT SECTOR SPDR TRrl est sel sec	$1,016,000	–	31,017	–	0.39%	–
MDY	Buy	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$960,000	+9.5%	3,400	+5.6%	0.37%	+6.6%
MTUM	Sell	ISHARES TRusa momentum fct	$876,000	-58.4%	11,320	-58.9%	0.34%	-59.4%
IWN	Sell	ISHARES TRrus 2000 val etf	$536,000	+3.5%	5,120	-3.8%	0.21%	+1.0%
SDY	Sell	SPDR SERIES TRUSTs&p divid etf	$502,000	-1.2%	5,950	-1.7%	0.20%	-3.5%
BKLN	Buy	POWERSHARES ETF TRUST IIsenior ln port	$369,000	+7.6%	15,900	+6.6%	0.14%	+4.4%
EEM	New	ISHARES TRmsci emg mkt etf	$316,000	–	8,450	–	0.12%	–
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$288,000	-7.1%	5,870	-0.7%	0.11%	-8.9%
IHE	Sell	ISHARES TRu.s. pharma etf	$269,000	-7.9%	1,800	-10.9%	0.10%	-10.3%
XLP	Sell	SELECT SECTOR SPDR TRsbi cons stpls	$253,000	-21.9%	4,750	-19.2%	0.10%	-24.0%
VTI	New	VANGUARD INDEX FDStotal stk mkt	$214,000	–	1,920	–	0.08%	–
TYG	Exit	TORTOISE ENERGY INFRA CORP	$0	–	-10,416	–	-0.13%	–
SPLV	Exit	POWERSHARES ETF TR IIs&p500 low vol	$0	–	-22,500	–	-0.38%	–
VGSH	Exit	VANGUARD SCOTTSDALE FDSshtrm gvt bd etf	$0	–	-22,400	–	-0.55%	–
SHY	Exit	ISHARES TR1-3 yr tr bd etf	$0	–	-22,000	–	-0.75%	–
IEI	Exit	ISHARES TR3-7 yr tr bd etf	$0	–	-39,830	–	-2.02%	–

Q2 2016

			Value		Shares		↓ Weighting
USMV	New	ISHARES TRmin vol usa etf	$19,518,000	–	422,380	–	7.78%	–
SPY	New	SPDR S&P 500 ETF TRtr unit	$16,123,000	–	76,970	–	6.42%	–
VCSH	New	VANGUARD SCOTTSDALE FDSshrt trm corp bd	$14,397,000	–	178,090	–	5.74%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$14,322,000	–	133,180	–	5.70%	–
EFAV	New	ISHARES TRmin vol eafe etf	$12,537,000	–	188,840	–	4.99%	–
LQD	New	ISHARES TRiboxx inv cp etf	$9,063,000	–	73,840	–	3.61%	–
IWD	New	ISHARES TRrus 1000 val etf	$8,959,000	–	86,790	–	3.57%	–
IWM	New	ISHARES TRrussell 2000 etf	$8,656,000	–	75,280	–	3.45%	–
MBB	New	ISHARES TRmbs etf	$8,483,000	–	77,140	–	3.38%	–
VRP	New	POWERSHARES ETF TR IIvar rate pfd por	$8,311,000	–	334,700	–	3.31%	–
VWO	New	VANGUARD INTL EQUITY INDEX Fftse emr mkt etf	$8,233,000	–	233,690	–	3.28%	–
PHB	New	POWERSHARES ETF TR IIfdm hg yld rafi	$8,041,000	–	437,000	–	3.20%	–
BNDX	New	VANGUARD CHARLOTTE FDSintl bd idx etf	$6,336,000	–	113,760	–	2.52%	–
VCLT	New	VANGUARD SCOTTSDALE FDSlg-term cor bd	$6,332,000	–	66,980	–	2.52%	–
MUB	New	ISHARES TRnational mun etf	$6,034,000	–	52,965	–	2.40%	–
NOBL	New	PROSHARES TRs&p 500 dv arist	$5,709,000	–	104,920	–	2.27%	–
VYM	New	VANGUARD WHITEHALL FDS INChigh div yld	$5,661,000	–	79,220	–	2.26%	–
PLW	New	POWERSHARES ETF TR IIi-30 lad treas	$5,627,000	–	160,020	–	2.24%	–
XMLV	New	POWERSHARES ETF TR IIs&p400 lovl pt	$5,541,000	–	141,530	–	2.21%	–
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$5,130,000	–	224,450	–	2.04%	–
XSLV	New	POWERSHARES ETF TR IIs&p600 lovl pt	$5,103,000	–	137,820	–	2.03%	–
IEI	New	ISHARES TR3-7 yr tr bd etf	$5,072,000	–	39,830	–	2.02%	–
IEF	New	ISHARES TR7-10 y tr bd etf	$5,031,000	–	44,540	–	2.00%	–
IGIB	New	ISHARES TRinterm cr bd etf	$4,845,000	–	43,545	–	1.93%	–
CWB	New	SPDR SERIES TRUSTbrc cnv secs etf	$4,637,000	–	105,770	–	1.85%	–
IYR	New	ISHARES TRu.s. real es etf	$4,288,000	–	52,050	–	1.71%	–
IGOV	New	ISHARES TRintl trea bd etf	$4,114,000	–	41,320	–	1.64%	–
TIP	New	ISHARES TRtips bd etf	$3,472,000	–	29,760	–	1.38%	–
IJR	New	ISHARES TRcore s&p scp etf	$2,928,000	–	25,194	–	1.17%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$2,661,000	–	23,005	–	1.06%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$2,621,000	–	21,200	–	1.04%	–
VDC	New	VANGUARD WORLD FDSconsum stp etf	$2,118,000	–	15,000	–	0.84%	–
MTUM	New	ISHARES TRusa momentum fct	$2,104,000	–	27,540	–	0.84%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$2,097,000	–	23,645	–	0.84%	–
IVE	New	ISHARES TRs&p 500 val etf	$1,997,000	–	21,500	–	0.80%	–
SHY	New	ISHARES TR1-3 yr tr bd etf	$1,877,000	–	22,000	–	0.75%	–
IJS	New	ISHARES TRsp smcp600vl etf	$1,851,000	–	15,845	–	0.74%	–
IWR	New	ISHARES TRrus mid-cap etf	$1,464,000	–	8,705	–	0.58%	–
AGG	New	ISHARES TRcore us aggbd et	$1,426,000	–	12,660	–	0.57%	–
VGSH	New	VANGUARD SCOTTSDALE FDSshtrm gvt bd etf	$1,376,000	–	22,400	–	0.55%	–
SPLV	New	POWERSHARES ETF TR IIs&p500 low vol	$963,000	–	22,500	–	0.38%	–
VGK	New	VANGUARD INTL EQUITY INDEX Fftse europe etf	$957,000	–	20,500	–	0.38%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TRutser1 s&pdcrp	$877,000	–	3,220	–	0.35%	–
VIG	New	VANGUARD SPECIALIZED PORTFOLdiv app etf	$763,000	–	9,170	–	0.30%	–
IWN	New	ISHARES TRrus 2000 val etf	$518,000	–	5,320	–	0.21%	–
SDY	New	SPDR SERIES TRUSTs&p divid etf	$508,000	–	6,050	–	0.20%	–
VPU	New	VANGUARD WORLD FDSutilities etf	$466,000	–	4,070	–	0.19%	–
BKLN	New	POWERSHARES ETF TRUST IIsenior ln port	$343,000	–	14,920	–	0.14%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$324,000	–	5,880	–	0.13%	–
TYG	New	TORTOISE ENERGY INFRA CORP	$321,000	–	10,416	–	0.13%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$310,000	–	5,910	–	0.12%	–
IJH	New	ISHARES TRcore s&p mcp etf	$295,000	–	1,975	–	0.12%	–
IHE	New	ISHARES TRu.s. pharma etf	$292,000	–	2,020	–	0.12%	–
PVCT	New	PROVECTUS BIOPHARMACEUTICALS	$4,000	–	10,000	–	0.00%	–

Q4 2015

			Value		Shares		↓ Weighting
PBW	Exit	POWERSHARES EXCHANGE TRADED FDS TST WILDER HILL CLEAN ENERGY P/F ISIN #US73935X5005 SEDOL #B621PV8wndrhll cln en	$0	–	-12,560	–	-0.02%	–
VTI	Exit	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$0	–	-2,125	–	-0.08%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETFselect divid etf	$0	–	-5,225	–	-0.15%	–
BKLN	Exit	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCsenior ln port	$0	–	-18,500	–	-0.17%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$0	–	-3,175	–	-0.17%	–
BND	Exit	VANGUARD BD INDEX FD INC TOTAL BD MARKET ETFtotal bnd mrkt	$0	–	-5,740	–	-0.19%	–
VWO	Exit	VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETFftse emr mkt etf	$0	–	-14,720	–	-0.20%	–
XLP	Exit	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$0	–	-10,930	–	-0.21%	–
VIG	Exit	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSdiv app etf	$0	–	-7,240	–	-0.22%	–
XLI	Exit	SECTOR SPDR TR SHS BEN INT INDUSTRIALsbi int-inds	$0	–	-11,700	–	-0.24%	–
IJS	Exit	ISHARES S&P SMALLCAP 600 VALUE ETFsp smcp600vl etf	$0	–	-7,150	–	-0.30%	–
PRFZ	Exit	POWERSHARES EXCHANGE TRADED FDS TST FTSE RAFI US 1500 SMALL-MID PORTFOLIO ISIN #US73935X5674 SEDOL #B63YR87ftse us1500 sm	$0	–	-8,150	–	-0.30%	–
IVE	Exit	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$0	–	-9,020	–	-0.31%	–
VOE	Exit	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHSmcap vl idxvip	$0	–	-9,180	–	-0.31%	–
VYM	Exit	VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHShigh div yld	$0	–	-12,280	–	-0.31%	–
IWN	Exit	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$0	–	-8,780	–	-0.32%	–
VHT	Exit	VANGUARD SECTOR INDEX FDS VANGUARD HEALTH CARE VIPERShealth car etf	$0	–	-6,520	–	-0.32%	–
ACWV	Exit	ISHARES INC MSCI ALL CTY WRLD MIN ETFcntry min vl etf	$0	–	-11,850	–	-0.32%	–
XSLV	Exit	POWERSHARES EXCH TRADED FD TST II S&P 600 LOW VOLATILITY PORTFOLIOs&p600 lovl pt	$0	–	-24,650	–	-0.32%	–
XMLV	Exit	POWERSHARES EXCH TRADED FD TST II S&P 400 LOW VOLATILITY PORTs&p400 lovl pt	$0	–	-24,550	–	-0.32%	–
SPLV	Exit	POWERSHARES EXCH TRADED FD TST II S&P 500 LOW VOLATILITY PORTs&p500 low vol	$0	–	-22,300	–	-0.32%	–
VPU	Exit	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSutilities etf	$0	–	-8,770	–	-0.33%	–
SDY	Exit	SPDR SER TR S&P DIVID ETFs&p divid etf	$0	–	-12,150	–	-0.35%	–
PFF	Exit	ISHARES TR U.S. PFD STK ETFu.s. pfd stk etf	$0	–	-23,840	–	-0.37%	–
IDV	Exit	ISHARES TR INTL SEL DIV ETFintl sel div etf	$0	–	-43,100	–	-0.49%	–
VO	Exit	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$0	–	-13,160	–	-0.62%	–
HYG	Exit	ISHARES TR IBOXX HI YD ETFiboxx hi yd etf	$0	–	-18,760	–	-0.62%	–
MTUM	Exit	ISHARES TRUST MSCI USA MOMENTUM FACTOR ETF ISIN #US46432F3964 SEDOL #B94W3K5msci usamomfct	$0	–	-23,100	–	-0.63%	–
GOVT	Exit	ISHARES TRUST CORE US TREASURY BOND ETFcore us tr bd	$0	–	-65,800	–	-0.67%	–
IWR	Exit	ISHARES TR RUS MID-CAP ETF ISIN #US4642874998 SEDOL #B4ZD2Y9rus mid-cap etf	$0	–	-10,925	–	-0.68%	–
IHE	Exit	ISHARES TR U.S. PHARMA ETFu.s. pharma etf	$0	–	-11,965	–	-0.71%	–
AGG	Exit	ISHARES CORE U.S. AGGREGATE BOND ETFcore us aggbd et	$0	–	-16,730	–	-0.74%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP ISIN #US78467Y1073 SEDOL #2550688utser1 s&pdcrp	$0	–	-7,470	–	-0.75%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-18,730	–	-0.82%	–
TIP	Exit	ISHARES TIPS BOND ETFtips bd etf	$0	–	-18,600	–	-0.83%	–
IYE	Exit	ISHARES U S ENERGY ETFu.s. energy etf	$0	–	-62,300	–	-0.87%	–
XLE	Exit	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$0	–	-36,295	–	-0.91%	–
VB	Exit	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$0	–	-21,310	–	-0.92%	–
VNQ	Exit	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSreit etf	$0	–	-37,235	–	-1.14%	–
PLW	Exit	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$0	–	-87,800	–	-1.17%	–
PJP	Exit	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOdyn phrma port	$0	–	-44,585	–	-1.19%	–
XPH	Exit	SPDR SER TR S&P PHARMACEUTICALS ETFs&p pharmac	$0	–	-64,400	–	-1.20%	–
VDC	Exit	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSconsum stp etf	$0	–	-28,850	–	-1.41%	–
MOO	Exit	MARKET VECTORS ETF TR AGRIBUSINESS ETFagribus etf	$0	–	-86,000	–	-1.59%	–
IYR	Exit	ISHARES U S REAL ESTATE ETFu.s. real es etf	$0	–	-61,350	–	-1.76%	–
XLY	Exit	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002sbi cons discr	$0	–	-63,260	–	-1.89%	–
IWD	Exit	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$0	–	-59,330	–	-2.23%	–
LQD	Exit	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$0	–	-51,000	–	-2.38%	–
XLU	Exit	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$0	–	-149,035	–	-2.60%	–
SHY	Exit	ISHARES 1-3 YEAR TREASURY BOND ETF1-3 yr tr bd etf	$0	–	-82,710	–	-2.83%	–
XLV	Exit	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$0	–	-130,690	–	-3.48%	–
QQQ	Exit	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$0	–	-86,150	–	-3.51%	–
IJR	Exit	ISHARES CORE S&P SMALL-CAP ETFcore s&p scp etf	$0	–	-95,472	–	-4.09%	–
MBB	Exit	ISHARES TR MBS ETFmbs etf	$0	–	-98,400	–	-4.34%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$0	–	-139,265	–	-4.46%	–
HYS	Exit	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$0	–	-121,285	–	-4.62%	–
EEM	Exit	ISHARES MSCI EMERGING MARKETS ETFmsci emg mkt etf	$0	–	-371,600	–	-4.94%	–
BNDX	Exit	VANGUARD CHARLOTTE TOTAL INTL BD INDEX FD ETFintl bd idx etf	$0	–	-232,680	–	-4.96%	–
USMV	Exit	ISHARES TRUST MSCI USA MINVOLATILITY ETFusa min vol etf	$0	–	-330,350	–	-5.26%	–
SPY	Exit	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$0	–	-69,220	–	-5.34%	–
MUB	Exit	ISHARES TR NAT AMT FREE BDnat amt free bd	$0	–	-122,395	–	-5.39%	–
EFAV	Exit	ISHARES TRUST MSCI EAFE MIN VOLATIL ETFeafe min vol etf	$0	–	-232,110	–	-5.85%	–
IGIB	Exit	ISHARES TR INTERM CR BD ETFinterm cr bd etf	$0	–	-136,575	–	-5.97%	–

Q3 2015

			Value		Shares		↓ Weighting
IGIB	Sell	ISHARES TR INTERM CR BD ETFinterm cr bd etf	$14,823,000	-3.6%	136,575	-3.3%	5.97%	+11.8%
EFAV	Sell	ISHARES TRUST MSCI EAFE MIN VOLATIL ETFeafe min vol etf	$14,532,000	-19.1%	232,110	-15.7%	5.85%	-6.2%
MUB	Sell	ISHARES TR NAT AMT FREE BDnat amt free bd	$13,392,000	-2.5%	122,395	-3.6%	5.39%	+13.1%
SPY	Sell	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$13,259,000	-31.7%	69,220	-26.6%	5.34%	-20.8%
USMV	Buy	ISHARES TRUST MSCI USA MINVOLATILITY ETFusa min vol etf	$13,062,000	+1126.5%	330,350	+1150.4%	5.26%	+1321.9%
BNDX	Sell	VANGUARD CHARLOTTE TOTAL INTL BD INDEX FD ETFintl bd idx etf	$12,326,000	-5.8%	232,680	-6.9%	4.96%	+9.3%
EEM	Buy	ISHARES MSCI EMERGING MARKETS ETFmsci emg mkt etf	$12,255,000	+595.1%	371,600	+735.1%	4.94%	+706.5%
HYS	Sell	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$11,471,000	-8.0%	121,285	-2.8%	4.62%	+6.7%
VCSH	Sell	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$11,079,000	-51.8%	139,265	-51.8%	4.46%	-44.1%
MBB	Sell	ISHARES TR MBS ETFmbs etf	$10,778,000	-7.6%	98,400	-8.3%	4.34%	+7.2%
IJR	Sell	ISHARES CORE S&P SMALL-CAP ETFcore s&p scp etf	$10,150,000	-28.5%	95,472	-20.7%	4.09%	-17.0%
QQQ	Sell	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$8,726,000	-27.5%	86,150	-23.4%	3.51%	-15.9%
XLV	Buy	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$8,628,000	+3.2%	130,690	+16.3%	3.48%	+19.7%
XLU	Sell	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$6,447,000	+2.1%	149,035	-2.2%	2.60%	+18.4%
LQD	Sell	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$5,908,000	-5.4%	51,000	-5.6%	2.38%	+9.6%
IWD	Sell	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$5,544,000	-25.3%	59,330	-17.6%	2.23%	-13.4%
XLY	Buy	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002sbi cons discr	$4,682,000	+435.7%	63,260	+453.0%	1.89%	+522.4%
IYR	Sell	ISHARES U S REAL ESTATE ETFu.s. real es etf	$4,360,000	-8.7%	61,350	-8.4%	1.76%	+6.0%
VDC	Sell	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSconsum stp etf	$3,494,000	-26.1%	28,850	-23.8%	1.41%	-14.3%
XPH	Buy	SPDR SER TR S&P PHARMACEUTICALS ETFs&p pharmac	$2,989,000	-49.2%	64,400	+36.4%	1.20%	-41.1%
PJP	Buy	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOdyn phrma port	$2,946,000	+5.9%	44,585	+25.6%	1.19%	+22.8%
PLW	Sell	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$2,894,000	-3.6%	87,800	-7.1%	1.17%	+11.8%
VNQ	Sell	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSreit etf	$2,817,000	-4.5%	37,235	-5.7%	1.14%	+10.8%
VB	Sell	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$2,294,000	-17.2%	21,310	-6.6%	0.92%	-4.0%
XLE	Sell	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$2,255,000	-46.8%	36,295	-35.7%	0.91%	-38.3%
IYE	New	ISHARES U S ENERGY ETFu.s. energy etf	$2,169,000	–	62,300	–	0.87%	–
TIP	Buy	ISHARES TIPS BOND ETFtips bd etf	$2,067,000	+361.4%	18,600	+365.0%	0.83%	+433.3%
IWM	Sell	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$2,038,000	-30.8%	18,730	-20.6%	0.82%	-19.7%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP ISIN #US78467Y1073 SEDOL #2550688utser1 s&pdcrp	$1,856,000	+11.1%	7,470	+22.1%	0.75%	+28.8%
AGG	New	ISHARES CORE U.S. AGGREGATE BOND ETFcore us aggbd et	$1,832,000	–	16,730	–	0.74%	–
IHE	Sell	ISHARES TR U.S. PHARMA ETFu.s. pharma etf	$1,757,000	-30.9%	11,965	-17.8%	0.71%	-19.8%
IWR	Sell	ISHARES TR RUS MID-CAP ETF ISIN #US4642874998 SEDOL #B4ZD2Y9rus mid-cap etf	$1,696,000	-13.6%	10,925	-5.2%	0.68%	+0.3%
GOVT	New	ISHARES TRUST CORE US TREASURY BOND ETFcore us tr bd	$1,671,000	–	65,800	–	0.67%	–
MTUM	New	ISHARES TRUST MSCI USA MOMENTUM FACTOR ETF ISIN #US46432F3964 SEDOL #B94W3K5msci usamomfct	$1,572,000	–	23,100	–	0.63%	–
HYG	New	ISHARES TR IBOXX HI YD ETFiboxx hi yd etf	$1,551,000	–	18,760	–	0.62%	–
VO	Sell	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$1,533,000	-13.2%	13,160	-5.1%	0.62%	+0.7%
IDV	Buy	ISHARES TR INTL SEL DIV ETFintl sel div etf	$1,221,000	+194.2%	43,100	+235.4%	0.49%	+241.7%
PFF	Sell	ISHARES TR U.S. PFD STK ETFu.s. pfd stk etf	$916,000	-18.3%	23,840	-16.8%	0.37%	-5.1%
SDY	Sell	SPDR SER TR S&P DIVID ETFs&p divid etf	$876,000	-23.1%	12,150	-18.7%	0.35%	-10.9%
SPLV	New	POWERSHARES EXCH TRADED FD TST II S&P 500 LOW VOLATILITY PORTs&p500 low vol	$800,000	–	22,300	–	0.32%	–
XMLV	New	POWERSHARES EXCH TRADED FD TST II S&P 400 LOW VOLATILITY PORTs&p400 lovl pt	$798,000	–	24,550	–	0.32%	–
XSLV	New	POWERSHARES EXCH TRADED FD TST II S&P 600 LOW VOLATILITY PORTFOLIOs&p600 lovl pt	$797,000	–	24,650	–	0.32%	–
VHT	New	VANGUARD SECTOR INDEX FDS VANGUARD HEALTH CARE VIPERShealth car etf	$794,000	–	6,520	–	0.32%	–
ACWV	New	ISHARES INC MSCI ALL CTY WRLD MIN ETFcntry min vl etf	$795,000	–	11,850	–	0.32%	–
IWN	Sell	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$790,000	-22.9%	8,780	-12.7%	0.32%	-10.7%
VYM	New	VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHShigh div yld	$769,000	–	12,280	–	0.31%	–
VOE	New	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHSmcap vl idxvip	$764,000	–	9,180	–	0.31%	–
IVE	New	ISHARES S&P 500 VALUE ETFs&p 500 val etf	$759,000	–	9,020	–	0.31%	–
IJS	New	ISHARES S&P SMALLCAP 600 VALUE ETFsp smcp600vl etf	$747,000	–	7,150	–	0.30%	–
PRFZ	New	POWERSHARES EXCHANGE TRADED FDS TST FTSE RAFI US 1500 SMALL-MID PORTFOLIO ISIN #US73935X5674 SEDOL #B63YR87ftse us1500 sm	$747,000	–	8,150	–	0.30%	–
VIG	Sell	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSdiv app etf	$533,000	-28.1%	7,240	-23.3%	0.22%	-16.3%
XLP	Sell	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$515,000	-10.7%	10,930	-9.9%	0.21%	+3.5%
VWO	Sell	VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETFftse emr mkt etf	$489,000	-96.5%	14,720	-95.7%	0.20%	-95.9%
IJH	Sell	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$433,000	-28.4%	3,175	-21.3%	0.17%	-17.1%
BKLN	Sell	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCsenior ln port	$426,000	-31.8%	18,500	-29.7%	0.17%	-20.7%
RNDY	Exit	ROUNDYS INC COM USD0.01	$0	–	-41,883	–	-0.05%	–
IAU	Exit	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL #B0SF3S5ishares	$0	–	-164,130	–	-0.65%	–
GLD	Exit	SPDR GOLD TR GOLD SHS	$0	–	-69,130	–	-2.70%	–
PHDG	Exit	POWERSHARES ACTIVELY MANAGED ETF TR S&P 500 DOWNSIDE HDGD PORT NYSE ARCA INs&p500 dwnhdge	$0	–	-630,710	–	-5.66%	–

Q2 2015

			Value		Shares		↓ Weighting
VCSH	New	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$22,979,000	–	288,765	–	7.98%	–
SPY	New	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$19,414,000	–	94,312	–	6.74%	–
EFAV	New	ISHARES TRUST MSCI EAFE MIN VOLATIL ETFeafe min vol etf	$17,968,000	–	275,210	–	6.24%	–
PHDG	New	POWERSHARES ACTIVELY MANAGED ETF TR S&P 500 DOWNSIDE HDGD PORT NYSE ARCA INs&p500 dwnhdge	$16,310,000	–	630,710	–	5.66%	–
IGIB	New	ISHARES INTERMEDIATE CREDIT BOND ETFinterm cr bd etf	$15,378,000	–	141,265	–	5.34%	–
IJR	New	ISHARES CORE S&P SMALL-CAP ETFcore s&p scp etf	$14,187,000	–	120,352	–	4.93%	–
VWO	New	VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETFftse emr mkt etf	$13,909,000	–	340,240	–	4.83%	–
MUB	New	ISHARES NATIONAL AMT FREE MUNI ISIN #US4642884146 SEDOL #B24DX21nat amt free bd	$13,737,000	–	126,955	–	4.77%	–
BNDX	New	VANGUARD CHARLOTTE FUNDS TOTALintl bd idx etf	$13,083,000	–	249,830	–	4.54%	–
HYS	New	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$12,464,000	–	124,805	–	4.33%	–
QQQ	New	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$12,034,000	–	112,400	–	4.18%	–
MBB	New	ISHARES MBS ETFmbs etf	$11,661,000	–	107,360	–	4.05%	–
XLV	New	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$8,357,000	–	112,350	–	2.90%	–
GLD	New	SPDR GOLD TR GOLD SHS	$7,768,000	–	69,130	–	2.70%	–
IWD	New	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$7,423,000	–	71,970	–	2.58%	–
SHY	New	ISHARES 1-3 YEAR TREASURY BOND ETF1-3 yr tr bd etf	$7,018,000	–	82,710	–	2.44%	–
XLU	New	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$6,315,000	–	152,335	–	2.19%	–
LQD	New	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETFiboxx inv cp etf	$6,248,000	–	54,000	–	2.17%	–
XPH	New	SPDR SER TR S&P PHARMACEUTICALS ETFs&p pharmac	$5,885,000	–	47,200	–	2.04%	–
IYR	New	ISHARES U S REAL ESTATE ETFu.s. real es etf	$4,773,000	–	66,950	–	1.66%	–
MOO	New	MARKET VECTORS ETF TR AGRIBUSINESS ETFagribus etf	$4,740,000	–	86,000	–	1.65%	–
VDC	New	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSconsum stp etf	$4,727,000	–	37,850	–	1.64%	–
XLE	New	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$4,240,000	–	56,425	–	1.47%	–
PLW	New	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$3,003,000	–	94,500	–	1.04%	–
VNQ	New	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSreit etf	$2,950,000	–	39,505	–	1.02%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$2,944,000	–	23,585	–	1.02%	–
PJP	New	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOdyn phrma port	$2,781,000	–	35,505	–	0.97%	–
VB	New	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$2,770,000	–	22,810	–	0.96%	–
IHE	New	ISHARES US PHARMACEUTICALS ETFu.s. pharma etf	$2,544,000	–	14,555	–	0.88%	–
IWR	New	ISHARES TR RUS MID-CAP ETF ISIN #US4642874998 SEDOL #B4ZD2Y9rus mid-cap etf	$1,962,000	–	11,525	–	0.68%	–
IAU	New	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL #B0SF3S5ishares	$1,861,000	–	164,130	–	0.65%	–
VO	New	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$1,766,000	–	13,860	–	0.61%	–
EEM	New	ISHARES MSCI EMERGING MARKETS ETFmsci emg mkt etf	$1,763,000	–	44,500	–	0.61%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP ISIN #US78467Y1073 SEDOL #2550688utser1 s&pdcrp	$1,671,000	–	6,120	–	0.58%	–
SDY	New	SPDR SER TR S&P DIVID ETFs&p divid etf	$1,139,000	–	14,950	–	0.40%	–
PFF	New	ISHARES US PREFERRED STOCK ETFu.s. pfd stk etf	$1,121,000	–	28,640	–	0.39%	–
USMV	New	ISHARES TRUST MSCI USA MINVOLATILITY ETFusa min vol etf	$1,065,000	–	26,420	–	0.37%	–
IWN	New	ISHARES RUSSELL 2000 VALUE ETFrus 2000 val etf	$1,025,000	–	10,060	–	0.36%	–
XLY	New	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002sbi cons discr	$874,000	–	11,440	–	0.30%	–
VPU	New	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSutilities etf	$788,000	–	8,770	–	0.27%	–
VIG	New	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSdiv app etf	$741,000	–	9,440	–	0.26%	–
XLI	New	SECTOR SPDR TR SHS BEN INT INDUSTRIALsbi int-inds	$632,000	–	11,700	–	0.22%	–
BKLN	New	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCsenior ln port	$625,000	–	26,300	–	0.22%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$605,000	–	4,035	–	0.21%	–
XLP	New	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$577,000	–	12,130	–	0.20%	–
BND	New	VANGUARD BD INDEX FD INC TOTAL BD MARKET ETFtotal bnd mrkt	$466,000	–	5,740	–	0.16%	–
TIP	New	ISHARES TIPS BOND ETFtips bd etf	$448,000	–	4,000	–	0.16%	–
IDV	New	ISHARES INTERNATIONAL DIVIDEND ETFintl sel div etf	$415,000	–	12,850	–	0.14%	–
DVY	New	ISHARES SELECT DIVIDEND ETFselect divid etf	$392,000	–	5,225	–	0.14%	–
VTI	New	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$227,000	–	2,125	–	0.08%	–
RNDY	New	ROUNDYS INC COM USD0.01	$135,000	–	41,883	–	0.05%	–
PBW	New	POWERSHARES EXCHANGE TRADED FDS TST WILDER HILL CLEAN ENERGY P/F ISIN #US73935X5005 SEDOL #B621PV8wndrhll cln en	$68,000	–	12,560	–	0.02%	–

Q4 2014

			Value		Shares		↓ Weighting
PVCT	Exit	PROVECTUS BIOPHARMACEUTICALS INC COM USD0.001	$0	–	-10,000	–	-0.00%	–
RNDY	Exit	ROUNDYS INC COM USD0.01	$0	–	-41,883	–	-0.05%	–
AGG	Exit	ISHARES CORE U.S. AGGREGATE BOND ETFcore us aggbd et	$0	–	-2,090	–	-0.09%	–
CWB	Exit	SPDR SER TR BARCLAYS CONV SECS ETFbrc cnv secs etf	$0	–	-4,665	–	-0.09%	–
VTI	Exit	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$0	–	-2,779	–	-0.11%	–
CHI	Exit	CALAMOS CONV OPPORTU NITIES & INCOME FDsh ben int	$0	–	-23,430	–	-0.12%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETFselect divid etf	$0	–	-5,025	–	-0.14%	–
BWX	Exit	SPDR SERIES TRUST BARCLAYS INTL ETFbrclys intl etf	$0	–	-7,600	–	-0.17%	–
BKLN	Exit	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCsenior ln port	$0	–	-18,300	–	-0.17%	–
IDV	Exit	ISHARES INTERNATIONAL DIVIDEND ETFintl sel div etf	$0	–	-12,850	–	-0.18%	–
XLI	Exit	SECTOR SPDR TR SHS BEN INT INDUSTRIALsbi int-inds	$0	–	-11,700	–	-0.24%	–
BSV	Exit	VANGUARD BD INDEX FD INC SHORT TERM BD ETFshort trm bond	$0	–	-8,450	–	-0.26%	–
SHM	Exit	SPDR SER TR NUVEEN BARCLAYS SHORT TERM MUN BD ETFnuvn br sht muni	$0	–	-28,180	–	-0.26%	–
VIG	Exit	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSdiv app etf	$0	–	-9,140	–	-0.27%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$0	–	-5,180	–	-0.27%	–
PJP	Exit	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOdyn phrma port	$0	–	-11,385	–	-0.28%	–
VPU	Exit	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSutilities etf	$0	–	-9,470	–	-0.33%	–
PCY	Exit	POWERSHARES GLOBAL EXCHANGE TRADED FD TR EMERGING MARKETS SOVEREIGN DEBT PORTFOLIOsovereign debt	$0	–	-41,470	–	-0.46%	–
IJR	Exit	ISHARES CORE S&P SMALL-CAP ETFcore s&p scp etf	$0	–	-12,692	–	-0.51%	–
VNQ	Exit	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSreit etf	$0	–	-24,125	–	-0.67%	–
IWR	Exit	ISHARES RUSSELL MIDCAP ETFrus mid-cap etf	$0	–	-12,060	–	-0.74%	–
IWD	Exit	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$0	–	-20,630	–	-0.80%	–
XLP	Exit	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$0	–	-52,030	–	-0.90%	–
IHE	Exit	ISHARES US PHARMACEUTICALS ETFu.s. pharma etf	$0	–	-17,335	–	-0.94%	–
VB	Exit	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$0	–	-23,079	–	-0.98%	–
XLE	Exit	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$0	–	-35,905	–	-1.25%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTutser1 s&pdcrp	$0	–	-13,815	–	-1.33%	–
WIP	Exit	SPDR SER TR DB INTL GOVT INFLATION PROTECTEDdb int gvt etf	$0	–	-60,090	–	-1.36%	–
GLD	Exit	SPDR GOLD TR GOLD SHS	$0	–	-30,870	–	-1.38%	–
DBA	Exit	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB AGRIC FD COM UNITps db agricul fd	$0	–	-164,000	–	-1.62%	–
IAU	Exit	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL #B0SF3S5ishares	$0	–	-412,000	–	-1.86%	–
XPH	Exit	SPDR SER TR S&P PHARMACEUTICALS ETFs&p pharmac	$0	–	-47,200	–	-1.93%	–
IYR	Exit	ISHARES U S REAL ESTATE ETFu.s. real es etf	$0	–	-72,675	–	-1.94%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX FD INC FTSE ALL-WORLD EX-US INDEX FD ETF SHSallwrld ex us	$0	–	-122,235	–	-2.32%	–
QQQ	Exit	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$0	–	-68,250	–	-2.60%	–
BND	Exit	VANGUARD BD INDEX FD INC TOTAL BD MARKET ETFtotal bnd mrkt	$0	–	-85,000	–	-2.68%	–
SHY	Exit	ISHARES 1-3 YEAR TREASURY BOND ETF1-3 yr tr bd etf	$0	–	-82,710	–	-2.69%	–
XLV	Exit	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$0	–	-133,285	–	-3.28%	–
EFAV	Exit	ISHARES TRUST MSCI EAFE MIN VOLATIL ETFeafe min vol etf	$0	–	-140,000	–	-3.38%	–
VDC	Exit	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSconsum stp etf	$0	–	-81,850	–	-3.71%	–
HYS	Exit	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$0	–	-103,975	–	-4.15%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$0	–	-140,090	–	-4.31%	–
MUB	Exit	ISHARES NATIONAL AMT FREE MUNInat amt free bd	$0	–	-104,990	–	-4.44%	–
PLW	Exit	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$0	–	-384,300	–	-4.65%	–
MBB	Exit	ISHARES MBS ETFmbs etf	$0	–	-114,845	–	-4.78%	–
VO	Exit	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$0	–	-109,731	–	-4.96%	–
IGIB	Exit	ISHARES INTERMEDIATE CREDIT BOND ETFinterm cr bd etf	$0	–	-122,755	–	-5.17%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$0	–	-130,669	–	-5.51%	–
XLU	Exit	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$0	–	-369,392	–	-5.99%	–
PHDG	Exit	POWERSHARES ACTIVELY MANAGED ETF TR S&P 500 DOWNSIDE HDGD PORT NYSE ARCA INs&p500 dwnhdge	$0	–	-574,470	–	-6.37%	–
SPY	Exit	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$0	–	-96,372	–	-7.32%	–

Q3 2014

			Value		Shares		↓ Weighting
SPY	Sell	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$18,987,000	+0.0%	96,372	-0.6%	7.32%	+0.9%
PHDG	Buy	POWERSHARES ACTIVELY MANAGED ETF TR S&P 500 DOWNSIDE HDGD PORT NYSE ARCA INs&p500 dwnhdge	$16,522,000	+5.0%	574,470	+3.5%	6.37%	+5.9%
XLU	Buy	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$15,548,000	-4.8%	369,392	+0.1%	5.99%	-4.0%
IWM	Sell	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$14,289,000	-8.4%	130,669	-0.4%	5.51%	-7.6%
IGIB	Buy	ISHARES INTERMEDIATE CREDIT BOND ETFinterm cr bd etf	$13,418,000	+0.3%	122,755	+1.1%	5.17%	+1.1%
MBB	Buy	ISHARES MBS ETFmbs etf	$12,416,000	+0.3%	114,845	+0.4%	4.78%	+1.2%
PLW	Buy	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$12,071,000	+1.2%	384,300	+0.3%	4.65%	+2.1%
MUB	Buy	ISHARES NATIONAL AMT FREE MUNInat amt free bd	$11,514,000	+1.2%	104,990	+0.3%	4.44%	+2.1%
VCSH	Buy	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$11,189,000	-0.3%	140,090	+0.3%	4.31%	+0.5%
HYS	Buy	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$10,777,000	+1.8%	103,975	+5.0%	4.15%	+2.7%
XLV	Sell	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$8,518,000	+4.6%	133,285	-0.5%	3.28%	+5.5%
QQQ	Sell	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$6,742,000	+3.8%	68,250	-1.3%	2.60%	+4.7%
VEU	Buy	VANGUARD INTL EQUITY INDEX FD INC FTSE ALL-WORLD EX-US INDEX FD ETF SHSallwrld ex us	$6,019,000	-5.2%	122,235	+0.6%	2.32%	-4.4%
IYR	Sell	ISHARES U S REAL ESTATE ETFu.s. real es etf	$5,029,000	-4.7%	72,675	-1.1%	1.94%	-3.9%
IAU	Buy	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL #B0SF3S5ishares	$4,820,000	-5.9%	412,000	+3.6%	1.86%	-5.1%
GLD	Sell	SPDR GOLD TR GOLD SHS	$3,587,000	-12.8%	30,870	-3.9%	1.38%	-12.1%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTutser1 s&pdcrp	$3,444,000	-2.4%	13,815	+2.0%	1.33%	-1.6%
XLE	Buy	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$3,254,000	-9.3%	35,905	+0.1%	1.25%	-8.5%
XLP	Buy	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$2,347,000	+3.8%	52,030	+2.7%	0.90%	+4.6%
PCY	New	POWERSHARES GLOBAL EXCHANGE TRADED FD TR EMERGING MARKETS SOVEREIGN DEBT PORTFOLIOsovereign debt	$1,180,000	–	41,470	–	0.46%	–
BSV	Sell	VANGUARD BD INDEX FD INC SHORT TERM BD ETFshort trm bond	$677,000	-42.4%	8,450	-42.2%	0.26%	-41.9%
BWX	New	SPDR SERIES TRUST BARCLAYS INTL ETFbrclys intl etf	$436,000	–	7,600	–	0.17%	–
VTI	Sell	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$281,000	-3.1%	2,779	-2.5%	0.11%	-2.7%
CWB	Sell	SPDR SER TR BARCLAYS CONV SECS ETFbrc cnv secs etf	$232,000	-11.8%	4,665	-10.5%	0.09%	-11.0%
PVCT	New	PROVECTUS BIOPHARMACEUTICALS INC COM USD0.001	$10,000	–	10,000	–	0.00%	–

Q2 2014

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Ptr unit	$18,984,000	–	96,997	–	7.25%	–
XLU	New	SECTOR SPDR TR SHS BEN INT UTILITIESsbi int-utils	$16,340,000	–	369,182	–	6.24%	–
PHDG	New	POWERSHARES ACTIVELY MANAGED ETF S&P 500 DOWNSIDE HDGD PORT NYSE ARCA INCs&p500 dwnhdge	$15,741,000	–	554,850	–	6.01%	–
IWM	New	ISHARES RUSSELL 2000 ETFrussell 2000 etf	$15,591,000	–	131,229	–	5.96%	–
IGIB	New	ISHARES INTERMEDIATE CREDIT BOND ETFinterm cr bd etf	$13,381,000	–	121,435	–	5.11%	–
VO	New	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRmid cap etf	$13,022,000	–	109,731	–	4.98%	–
MBB	New	ISHARES MBS ETFmbs etf	$12,379,000	–	114,385	–	4.73%	–
PLW	New	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3i-30 lad treas	$11,927,000	–	383,100	–	4.56%	–
MUB	New	ISHARES NATIONAL AMT FREE MUNInat amt free bd	$11,376,000	–	104,700	–	4.35%	–
VCSH	New	VANGUARD SCOTTSDALE FDS SHORT TERM CORPshrt trm corp bd	$11,227,000	–	139,690	–	4.29%	–
HYS	New	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF0-5 high yield	$10,586,000	–	99,055	–	4.04%	–
VDC	New	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSconsum stp etf	$9,482,000	–	81,850	–	3.62%	–
EFAV	New	ISHARES TRUST MSCI EAFE MIN VOLATIL ETFeafe min vol etf	$9,153,000	–	140,000	–	3.50%	–
XLV	New	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002sbi healthcare	$8,145,000	–	133,895	–	3.11%	–
SHY	New	ISHARES 1-3 YEAR TREASURY BOND ETF1-3 yr tr bd etf	$6,994,000	–	82,710	–	2.67%	–
BND	New	VANGUARD BD INDEX FD INC TOTAL BD MARKET ETFtotal bnd mrkt	$6,989,000	–	85,000	–	2.67%	–
QQQ	New	POWERSHARES QQQ TR UNIT SER 1unit ser 1	$6,495,000	–	69,160	–	2.48%	–
VEU	New	VANGUARD INTL EQUITY INDEX FD INC FTSE ALL-WORLD EX-US INDEX FD ETF SHSallwrld ex us	$6,352,000	–	121,475	–	2.43%	–
IYR	New	ISHARES U S REAL ESTATE ETFu.s. real es etf	$5,278,000	–	73,515	–	2.02%	–
IAU	New	ISHARES GOLD TRUST ISHARES ISIN #US4642851053 SEDOL #B0SF3S5ishares	$5,120,000	–	397,500	–	1.96%	–
XPH	New	SPDR SER TR S&P PHARMACEUTICALS ETFs&p pharmac	$4,899,000	–	47,200	–	1.87%	–
DBA	New	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB AGRIC FD COM UNITps db agricul fd	$4,503,000	–	164,000	–	1.72%	–
GLD	New	SPDR GOLD TR GOLD SHS	$4,114,000	–	32,130	–	1.57%	–
WIP	New	SPDR SER TR DB INTL GOVT INFLATION PROTECTEDdb int gvt etf	$3,726,000	–	60,090	–	1.42%	–
XLE	New	SECTOR SPDR TR SHS BEN INT ENERGYsbi int-energy	$3,589,000	–	35,855	–	1.37%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTutser1 s&pdcrp	$3,529,000	–	13,545	–	1.35%	–
VB	New	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRsmall cp etf	$2,703,000	–	23,079	–	1.03%	–
IHE	New	ISHARES US PHARMACEUTICALS ETFu.s. pharma etf	$2,342,000	–	17,335	–	0.90%	–
XLP	New	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESsbi cons stpls	$2,261,000	–	50,680	–	0.86%	–
IWD	New	ISHARES RUSSELL 1000 VALUE ETFrus 1000 val etf	$2,089,000	–	20,630	–	0.80%	–
IWR	New	ISHARES RUSSELL MIDCAP ETFrus mid-cap etf	$1,960,000	–	12,060	–	0.75%	–
VNQ	New	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSreit etf	$1,806,000	–	24,125	–	0.69%	–
IJR	New	ISHARES CORE S&P SMALL-CAP ETFcore s&p scp etf	$1,423,000	–	12,692	–	0.54%	–
BSV	New	VANGUARD BD INDEX FD INC SHORT TERM BD ETFshort trm bond	$1,175,000	–	14,630	–	0.45%	–
VPU	New	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSutilities etf	$916,000	–	9,470	–	0.35%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFcore s&p mcp etf	$741,000	–	5,180	–	0.28%	–
VIG	New	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSdiv app etf	$712,000	–	9,140	–	0.27%	–
PJP	New	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOdyn phrma port	$695,000	–	11,385	–	0.27%	–
SHM	New	SPDR SER TR NUVEEN BARCLAYS SHORT TERM MUN BD ETFnuvn br sht muni	$686,000	–	28,180	–	0.26%	–
XLI	New	SECTOR SPDR TR SHS BEN INT INDUSTRIALsbi int-inds	$633,000	–	11,700	–	0.24%	–
IDV	New	ISHARES INTERNATIONAL DIVIDEND ETFintl sel div etf	$513,000	–	12,850	–	0.20%	–
BKLN	New	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCsenior ln port	$455,000	–	18,300	–	0.17%	–
DVY	New	ISHARES SELECT DIVIDEND ETFselect divid etf	$387,000	–	5,025	–	0.15%	–
CHI	New	CALAMOS CONV OPPORTU NITIES & INCOME FDsh ben int	$329,000	–	23,430	–	0.13%	–
VTI	New	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFtotal stk mkt	$290,000	–	2,849	–	0.11%	–
CWB	New	SPDR SER TR BARCLAYS CONV SECS ETFbrc cnv secs etf	$263,000	–	5,215	–	0.10%	–
RNDY	New	ROUNDYS INC COM USD0.01	$231,000	–	41,883	–	0.09%	–
AGG	New	ISHARES CORE U.S. AGGREGATE BOND ETFcore totusbd etf	$229,000	–	2,090	–	0.09%	–

Q4 2013

			Value		Shares		↓ Weighting
AAVVF	Exit	ADVANTAGE OIL & GAS LTD COM NPV ISIN #CA00765F1018 SEDOL #B66PKS8	$0	–	-30,060	–	-0.05%	–
AOR	Exit	ISHARES TR GROWTH ALLOCATION ETFetf	$0	–	-5,500	–	-0.09%	–
ICF	Exit	ISHARES COHEN & STEERS REIT ETetf	$0	–	-3,091	–	-0.11%	–
CWB	Exit	SPDR SER TR BARCLAYS CONV SECS ETFetf	$0	–	-5,380	–	-0.11%	–
VTI	Exit	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFetf	$0	–	-3,095	–	-0.12%	–
JXI	Exit	ISHARES GLOBAL UTILITIES ETFetf	$0	–	-6,620	–	-0.13%	–
CHI	Exit	CALAMOS CONV OPPORTU NITIES & INCOME FD	$0	–	-23,220	–	-0.14%	–
VMBS	Exit	VANGUARD MORTGAGE BACKED SECURITIES ETFetf	$0	–	-6,425	–	-0.15%	–
IYE	Exit	ISHARES U S ENERGY ETFetf	$0	–	-7,250	–	-0.16%	–
RNDY	Exit	ROUNDYS INC COM USD0.01	$0	–	-41,883	–	-0.17%	–
DVY	Exit	ISHARES SELECT DIVIDEND ETFetf	$0	–	-6,727	–	-0.21%	–
BKLN	Exit	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCetf	$0	–	-18,300	–	-0.21%	–
IDV	Exit	ISHARES INTERNATIONAL DIVIDEND ETFetf	$0	–	-12,850	–	-0.22%	–
XLI	Exit	SECTOR SPDR TR SHS BEN INT INDUSTRIALetf	$0	–	-11,700	–	-0.25%	–
VIG	Exit	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSetf	$0	–	-9,140	–	-0.29%	–
PJP	Exit	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOetf	$0	–	-13,870	–	-0.30%	–
PBJ	Exit	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC FOOD & BEVERAGE PORTFOLIOetf	$0	–	-25,850	–	-0.30%	–
IXJ	Exit	ISHARES GLOBAL HEALTHCARE ETFetf	$0	–	-8,450	–	-0.31%	–
SHM	Exit	SPDR SER TR NUVEEN BARCLAYS SHORT TERM MUN BD ETFetf	$0	–	-28,180	–	-0.32%	–
IJH	Exit	ISHARES CORE S&P MID-CAP ETFetf	$0	–	-6,370	–	-0.37%	–
BSV	Exit	VANGUARD BD INDEX FD INC SHORT TERM BD ETFetf	$0	–	-11,290	–	-0.42%	–
XLP	Exit	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESetf	$0	–	-27,765	–	-0.51%	–
IWR	Exit	ISHARES RUSSELL MIDCAP ETFetf	$0	–	-8,005	–	-0.52%	–
VPU	Exit	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSetf	$0	–	-14,570	–	-0.55%	–
IJR	Exit	ISHARES CORE S&P SMALL-CAP ETFetf	$0	–	-13,312	–	-0.62%	–
IWD	Exit	ISHARES RUSSELL 1000 VALUE ETFetf	$0	–	-21,047	–	-0.84%	–
IHE	Exit	ISHARES US PHARMACEUTICALS ETFetf	$0	–	-18,565	–	-0.91%	–
VNQ	Exit	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSetf	$0	–	-38,775	–	-1.19%	–
VB	Exit	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$0	–	-25,499	–	-1.21%	–
XLV	Exit	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002etf	$0	–	-57,330	–	-1.34%	–
XLE	Exit	SECTOR SPDR TR SHS BEN INT ENERGYetf	$0	–	-35,297	–	-1.35%	–
MDY	Exit	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTetf	$0	–	-13,400	–	-1.40%	–
PLW	Exit	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3etf	$0	–	-109,750	–	-1.53%	–
SHY	Exit	ISHARES 1-3 YEAR TREASURY BOND ETFetf	$0	–	-44,005	–	-1.72%	–
LQD	Exit	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETFetf	$0	–	-35,730	–	-1.88%	–
IYR	Exit	ISHARES U S REAL ESTATE ETFetf	$0	–	-77,280	–	-2.28%	–
WIP	Exit	SPDR SER TR DB INTL GOVT INFLATION PROTECTEDetf	$0	–	-88,785	–	-2.45%	–
BWX	Exit	SPDR SERIES TRUST BARCLAYS INTL ETFetf	$0	–	-91,390	–	-2.47%	–
BWZ	Exit	SPDR SERIES TRUST SHRT INTL ETFetf	$0	–	-150,730	–	-2.51%	–
TIP	Exit	ISHARES TIPS BOND ETFetf	$0	–	-59,574	–	-3.10%	–
AGG	Exit	ISHARES CORE TOTAL US BOND MARKET ETFetf	$0	–	-66,560	–	-3.30%	–
IGIB	Exit	ISHARES INTERMEDIATE CREDIT BOND ETFetf	$0	–	-66,645	–	-3.33%	–
VEU	Exit	VANGUARD INTL EQUITY INDEX FD INC FTSE ALL-WORLD EX-US INDEX FD ETF SHSetf	$0	–	-155,750	–	-3.50%	–
VDC	Exit	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSetf	$0	–	-77,590	–	-3.72%	–
GLD	Exit	SPDR GOLD TR GOLD SHSetf	$0	–	-64,355	–	-3.82%	–
XPH	Exit	SPDR SER TR S&P PHARMACEUTICALS ETFetf	$0	–	-118,300	–	-4.21%	–
MUB	Exit	ISHARES NATIONAL AMT FREE MUNIetf	$0	–	-93,330	–	-4.51%	–
MBB	Exit	ISHARES MBS ETFetf	$0	–	-96,675	–	-4.74%	–
VCSH	Exit	VANGUARD SCOTTSDALE FDS SHORT TERM CORPetf	$0	–	-136,710	–	-5.03%	–
VO	Exit	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$0	–	-107,471	–	-5.10%	–
XLU	Exit	SECTOR SPDR TR SHS BEN INT UTILITIESetf	$0	–	-323,882	–	-5.60%	–
QQQ	Exit	POWERSHARES QQQ TR UNIT SER 1etf	$0	–	-175,250	–	-6.40%	–
IWM	Exit	ISHARES RUSSELL 2000 ETFetf	$0	–	-131,109	–	-6.47%	–
SPY	Exit	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Petf	$0	–	-96,187	–	-7.48%	–

Q3 2013

			Value		Shares		↓ Weighting
SPY	Buy	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Petf	$16,160,000	+17.8%	96,187	+13.0%	7.48%	+7.8%
IWM	Buy	ISHARES RUSSELL 2000 ETFetf	$13,978,000	+13.5%	131,109	+3.9%	6.47%	+3.8%
QQQ	Sell	POWERSHARES QQQ TR UNIT SER 1etf	$13,824,000	+3.8%	175,250	-6.4%	6.40%	-5.1%
XLU	Sell	SECTOR SPDR TR SHS BEN INT UTILITIESetf	$12,103,000	-3.4%	323,882	-3.0%	5.60%	-11.7%
VO	Sell	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$11,014,000	+7.0%	107,471	-0.4%	5.10%	-2.2%
VCSH	Buy	VANGUARD SCOTTSDALE FDS SHORT TERM CORPetf	$10,882,000	+7.2%	136,710	+6.6%	5.03%	-2.0%
MBB	New	ISHARES MBS ETFetf	$10,240,000	–	96,675	–	4.74%	–
MUB	Sell	ISHARES NATIONAL AMT FREE MUNIetf	$9,752,000	-5.3%	93,330	-4.1%	4.51%	-13.4%
GLD	Buy	SPDR GOLD TR GOLD SHSetf	$8,249,000	+126.4%	64,355	+104.8%	3.82%	+107.1%
VEU	New	VANGUARD INTL EQUITY INDEX FD INC FTSE ALL-WORLD EX-US INDEX FD ETF SHSetf	$7,569,000	–	155,750	–	3.50%	–
IGIB	Buy	ISHARES INTERMEDIATE CREDIT BOND ETFetf	$7,193,000	+15.0%	66,645	+14.8%	3.33%	+5.2%
TIP	Sell	ISHARES TIPS BOND ETFetf	$6,707,000	-21.5%	59,574	-22.2%	3.10%	-28.2%
BWX	Buy	SPDR SERIES TRUST BARCLAYS INTL ETFetf	$5,334,000	+56.8%	91,390	+52.2%	2.47%	+43.4%
WIP	Sell	SPDR SER TR DB INTL GOVT INFLATION PROTECTEDetf	$5,291,000	+2.6%	88,785	-0.7%	2.45%	-6.1%
IYR	Sell	ISHARES U S REAL ESTATE ETFetf	$4,930,000	-35.4%	77,280	-32.5%	2.28%	-41.0%
LQD	Sell	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETFetf	$4,056,000	-3.9%	35,730	-3.8%	1.88%	-12.2%
SHY	Buy	ISHARES 1-3 YEAR TREASURY BOND ETFetf	$3,717,000	+2.5%	44,005	+2.3%	1.72%	-6.3%
PLW	Buy	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3etf	$3,314,000	-1.1%	109,750	+0.2%	1.53%	-9.6%
MDY	Buy	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTetf	$3,033,000	+26.8%	13,400	+18.4%	1.40%	+16.0%
XLE	Buy	SECTOR SPDR TR SHS BEN INT ENERGYetf	$2,926,000	+26.0%	35,297	+19.5%	1.35%	+15.2%
XLV	Buy	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002etf	$2,900,000	+24.5%	57,330	+18.1%	1.34%	+13.8%
VB	Sell	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$2,613,000	+8.4%	25,499	-0.6%	1.21%	-0.9%
VNQ	Buy	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSetf	$2,565,000	+1104.2%	38,775	+1161.0%	1.19%	+999.1%
IHE	Sell	ISHARES US PHARMACEUTICALS ETFetf	$1,975,000	+3.5%	18,565	-2.3%	0.91%	-5.3%
IWD	Sell	ISHARES RUSSELL 1000 VALUE ETFetf	$1,814,000	-0.8%	21,047	-3.1%	0.84%	-9.3%
IJR	Sell	ISHARES CORE S&P SMALL-CAP ETFetf	$1,329,000	+2.6%	13,312	-6.8%	0.62%	-6.1%
IWR	Sell	ISHARES RUSSELL MIDCAP ETFetf	$1,113,000	+4.9%	8,005	-1.7%	0.52%	-4.1%
BSV	Sell	VANGUARD BD INDEX FD INC SHORT TERM BD ETFetf	$907,000	-13.9%	11,290	-14.1%	0.42%	-21.2%
SHM	Sell	SPDR SER TR NUVEEN BARCLAYS SHORT TERM MUN BD ETFetf	$683,000	-22.8%	28,180	-23.5%	0.32%	-29.5%
IXJ	Sell	ISHARES GLOBAL HEALTHCARE ETFetf	$672,000	+3.5%	8,450	-2.3%	0.31%	-5.2%
PJP	Sell	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOetf	$638,000	+6.2%	13,870	-2.1%	0.30%	-3.0%
VIG	Sell	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSetf	$636,000	-8.5%	9,140	-12.5%	0.29%	-16.5%
XLI	New	SECTOR SPDR TR SHS BEN INT INDUSTRIALetf	$543,000	–	11,700	–	0.25%	–
IDV	Sell	ISHARES INTERNATIONAL DIVIDEND ETFetf	$466,000	-38.9%	12,850	-46.1%	0.22%	-44.0%
DVY	Buy	ISHARES SELECT DIVIDEND ETFetf	$446,000	+4.4%	6,727	+1.1%	0.21%	-4.6%
VMBS	Sell	VANGUARD MORTGAGE BACKED SECURITIES ETFetf	$331,000	-3.5%	6,425	-4.2%	0.15%	-12.1%
VTI	Sell	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFetf	$271,000	-13.1%	3,095	-17.7%	0.12%	-20.9%
ICF	Sell	ISHARES COHEN & STEERS REIT ETetf	$238,000	-7.8%	3,091	-2.8%	0.11%	-16.0%
AOR	New	ISHARES TR GROWTH ALLOCATION ETFetf	$203,000	–	5,500	–	0.09%	–
PFF	Exit	ISHARES TR S&P U S PFD STK INDEX FDetf	$0	–	-11,100	–	-0.22%	–
IXP	Exit	ISHARES TR S&P GLOBAL TELECOMMUNICATIONS SECTOR INDEX FDetf	$0	–	-7,400	–	-0.22%	–
DBA	Exit	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB AGRIC FD COM UNITetf	$0	–	-19,150	–	-0.24%	–
TYY	Exit	TORTOISE ENERGY CAP CORP COM	$0	–	-14,500	–	-0.26%	–
SPIP	Exit	SPDR SER TR BARCLAYS CAP TIPS ETFetf	$0	–	-27,310	–	-0.77%	–
DGL	Exit	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB GOLD FD COM UNITetf	$0	–	-88,710	–	-1.82%	–
UUP	Exit	POWERSHARES DB U S DLR INDEX TR POWERSHARES DB US$ INDEX BULLISH FD COM UNITetf	$0	–	-269,355	–	-3.07%	–

Q2 2013

			Value		Shares		↓ Weighting
SPY	New	SPDR S&P 500 ETF TRUST UNIT SER 1 S&Petf	$13,714,000	–	85,137	–	6.94%	–
QQQ	New	POWERSHARES QQQ TR UNIT SER 1etf	$13,322,000	–	187,190	–	6.74%	–
XLU	New	SECTOR SPDR TR SHS BEN INT UTILITIESetf	$12,535,000	–	333,902	–	6.34%	–
IWM	New	ISHARES TR RUSSELL 2000 INDEX FDetf	$12,310,000	–	126,174	–	6.23%	–
MUB	New	ISHARES S&P NATL AMT FREE MUNI BND FNDetf	$10,301,000	–	97,280	–	5.21%	–
VO	New	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$10,293,000	–	107,851	–	5.21%	–
VCSH	New	VANGUARD SCOTTSDALE FDS SHORT TERM CORPetf	$10,153,000	–	128,260	–	5.14%	–
TIP	New	ISHARES BARCLAYS TREAS INFLATION PROTECTED SECS FDetf	$8,545,000	–	76,544	–	4.32%	–
XPH	New	SPDR SER TR S&P PHARMACEUTICALS ETFetf	$8,354,000	–	118,300	–	4.23%	–
VDC	New	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERSetf	$7,950,000	–	77,590	–	4.02%	–
IYR	New	ISHARES TR DOW JONES U S REAL ESTATE INDEX FDetf	$7,637,000	–	114,470	–	3.86%	–
AGG	New	ISHARES CORE TOTAL US BOND MARKET ETFetf	$7,135,000	–	66,560	–	3.61%	–
IGIB	New	ISHARES BARCLAYS INTERMEDIATE CR BD FDetf	$6,253,000	–	58,065	–	3.16%	–
UUP	New	POWERSHARES DB U S DLR INDEX TR POWERSHARES DB US$ INDEX BULLISH FD COM UNITetf	$6,063,000	–	269,355	–	3.07%	–
BWZ	New	SPDR SERIES TRUST SHRT INTL ETFetf	$5,263,000	–	150,730	–	2.66%	–
WIP	New	SPDR SER TR DB INTL GOVT INFLATION PROTECTEDetf	$5,155,000	–	89,370	–	2.61%	–
LQD	New	ISHARES IBOXX $ INVESTOP INVESTMENT GRADE CORP BD FUNDetf	$4,222,000	–	37,130	–	2.14%	–
GLD	New	SPDR GOLD TR GOLD SHSetf	$3,643,000	–	31,420	–	1.84%	–
SHY	New	ISHARES BARCLAYS 1-3 YEAR TREASURY BD FDetf	$3,627,000	–	43,030	–	1.84%	–
DGL	New	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB GOLD FD COM UNITetf	$3,592,000	–	88,710	–	1.82%	–
BWX	New	SPDR SERIES TRUST BARCLAYS INTL ETFetf	$3,402,000	–	60,040	–	1.72%	–
PLW	New	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3etf	$3,350,000	–	109,520	–	1.70%	–
VB	New	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TRetf	$2,411,000	–	25,649	–	1.22%	–
MDY	New	SPDR S&P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPTetf	$2,392,000	–	11,315	–	1.21%	–
XLV	New	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002etf	$2,330,000	–	48,560	–	1.18%	–
XLE	New	SECTOR SPDR TR SHS BEN INT ENERGYetf	$2,323,000	–	29,547	–	1.18%	–
IHE	New	ISHARES TR DOW JONES US PHARMACEUTICALS INDEX FDetf	$1,908,000	–	19,005	–	0.96%	–
IWD	New	ISHARES TR RUSSELL 1000 VALUE INDEX FDetf	$1,828,000	–	21,727	–	0.92%	–
SPIP	New	SPDR SER TR BARCLAYS CAP TIPS ETFetf	$1,514,000	–	27,310	–	0.77%	–
IJR	New	ISHARES CORE S&P SMALL-CAP ETFetf	$1,295,000	–	14,282	–	0.66%	–
VPU	New	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERSetf	$1,192,000	–	14,570	–	0.60%	–
XLP	New	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLESetf	$1,108,000	–	27,765	–	0.56%	–
IWR	New	ISHARES TR RUSSELL MIDCAP INDEX FDetf	$1,061,000	–	8,140	–	0.54%	–
BSV	New	VANGUARD BD INDEX FD INC SHORT TERM BD ETFetf	$1,053,000	–	13,140	–	0.53%	–
SHM	New	SPDR SER TR NUVEEN BARCLAYS SHORT TERM MUN BD ETFetf	$885,000	–	36,840	–	0.45%	–
IDV	New	ISHARES TR DOW JONES EPAC SELECT DIVIDEND INDEX FDetf	$763,000	–	23,850	–	0.39%	–
IJH	New	ISHARES CORE S&P MID-CAP ETFetf	$739,000	–	6,370	–	0.37%	–
VIG	New	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHSetf	$695,000	–	10,440	–	0.35%	–
IXJ	New	ISHARES TR S&P GLOBAL HEALTHCARE SECTOR INDEX FDetf	$649,000	–	8,650	–	0.33%	–
PBJ	New	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC FOOD & BEVERAGE PORTFOLIOetf	$631,000	–	25,850	–	0.32%	–
PJP	New	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIOetf	$601,000	–	14,170	–	0.30%	–
TYY	New	TORTOISE ENERGY CAP CORP COM	$505,000	–	14,500	–	0.26%	–
DBA	New	POWERSHARES DB MULTI SECTOR COMMODITY TR POWER SHARES DB AGRIC FD COM UNITetf	$484,000	–	19,150	–	0.24%	–
BKLN	New	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INCetf	$453,000	–	18,300	–	0.23%	–
IXP	New	ISHARES TR S&P GLOBAL TELECOMMUNICATIONS SECTOR INDEX FDetf	$439,000	–	7,400	–	0.22%	–
PFF	New	ISHARES TR S&P U S PFD STK INDEX FDetf	$435,000	–	11,100	–	0.22%	–
DVY	New	ISHARES TR DOW JONES SELECT DIVID INDEX FDetf	$427,000	–	6,657	–	0.22%	–
RNDY	New	ROUNDYS INC COM USD0.01	$348,000	–	41,883	–	0.18%	–
VMBS	New	VANGUARD MORTGAGE BACKED SECURITIES ETFetf	$343,000	–	6,705	–	0.17%	–
IYE	New	ISHARES TR DOW JONES U S ENERGY SECTOR INDEX FDetf	$324,000	–	7,250	–	0.16%	–
VTI	New	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETFetf	$312,000	–	3,760	–	0.16%	–
CHI	New	CALAMOS CONV OPPORTU NITIES & INCOME FD	$292,000	–	23,220	–	0.15%	–
JXI	New	ISHARES TR S&P GLOBAL UTILITIES INDEX FDetf	$277,000	–	6,620	–	0.14%	–
ICF	New	ISHARES TR COHEN & STEERS REALTY MAJORS INDEX FDetf	$258,000	–	3,181	–	0.13%	–
CWB	New	SPDR SER TR BARCLAYS CONV SECS ETFetf	$229,000	–	5,380	–	0.12%	–
VNQ	New	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHSetf	$213,000	–	3,075	–	0.11%	–
AAVVF	New	ADVANTAGE OIL & GAS LTD COM NPV ISIN #CA00765F1018 SEDOL #B66PKS8	$117,000	–	30,060	–	0.06%	–

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Export Estate Counselors, LLC's holdings