MHI Funds, LLC Activity Q4 2017-Q1 2020

Q1 2020

			Value		Shares		↓ Weighting
GILD	Sell	GILEAD SCIENCES INC COM	$2,106,000	-26.6%	28,175	-36.2%	6.07%	+66.1%
VZ	Sell	VERIZON COMMUNICATIONS INC COM	$1,589,000	-44.1%	29,571	-36.2%	4.58%	+26.4%
CCI	Sell	CROWN CASTLE INTL CORP NEW COM	$1,500,000	-35.2%	10,391	-36.2%	4.32%	+46.7%
MRK	New	MERCK & CO. INC COM	$1,404,000	–	18,249	–	4.04%	–
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$1,356,000	-47.5%	28,382	-36.2%	3.91%	+18.8%
AES	Sell	AES CORP COM	$1,313,000	-56.4%	96,518	-36.2%	3.78%	-1.3%
AVGO	Sell	BROADCOM INC COM	$1,263,000	-52.1%	5,325	-36.2%	3.64%	+8.4%
CAH	New	CARDINAL HEALTH INC COM	$1,244,000	–	25,952	–	3.58%	–
TXN	Sell	TEXAS INSTRS INC COM	$1,235,000	-50.3%	12,356	-36.2%	3.56%	+12.6%
BCE	Sell	BCE INC COM NEW	$1,202,000	-43.7%	29,415	-36.2%	3.46%	+27.3%
CMI	Sell	CUMMINS INC COM	$1,196,000	-51.7%	8,840	-36.2%	3.44%	+9.2%
CSCO	Sell	CISCO SYS INC COM	$1,144,000	-47.7%	29,105	-36.2%	3.30%	+18.4%
BRX	Buy	BRIXMOR PPTY GROUP INC COM	$1,103,000	-52.6%	116,141	+7.7%	3.18%	+7.2%
C	Sell	CITIGROUP INC COM NEW	$1,074,000	-66.3%	25,487	-36.2%	3.09%	-23.8%
ABBV	Sell	ABBVIE INC COM	$1,048,000	-45.0%	13,751	-36.2%	3.02%	+24.3%
KIM	Buy	KIMCO RLTY CORP COM	$1,022,000	-34.7%	105,717	+39.8%	2.94%	+47.6%
JPM	Sell	JPMORGAN CHASE & CO COM	$973,000	-58.8%	10,805	-36.2%	2.80%	-6.7%
EMN	New	EASTMAN CHEM CO COM	$971,000	–	20,840	–	2.80%	–
ORI	Buy	OLD REP INTL CORP COM	$930,000	-31.3%	61,002	+0.8%	2.68%	+55.5%
MGA	Sell	MAGNA INTL INC COM	$916,000	-62.8%	28,692	-36.2%	2.64%	-15.9%
CFG	Sell	CITIZENS FINANCIAL GROUP INC C	$862,000	-70.4%	45,803	-36.2%	2.48%	-33.1%
PFE	Sell	PFIZER INC COM	$855,000	-46.9%	26,210	-36.2%	2.46%	+20.2%
KEY	New	KEYCORP COM	$797,000	–	76,821	–	2.30%	–
TGT	Sell	TARGET CORP COM	$793,000	-73.8%	8,530	-63.8%	2.28%	-40.6%
ENB	Sell	ENBRIDGE INC COM	$756,000	-53.3%	26,003	-36.2%	2.18%	+5.6%
HBAN	Sell	HUNTINGTON BANCSHARES INC COM	$755,000	-65.2%	91,917	-36.2%	2.18%	-21.3%
ETN	Sell	EATON CORP PLC SHS	$739,000	-72.5%	9,512	-66.4%	2.13%	-37.7%
LYB	Sell	LYONDELLBASELL INDUSTRIES N V	$736,000	-66.5%	14,837	-36.2%	2.12%	-24.2%
CCEP	Sell	COCA COLA EUROPEAN PARTNERS P	$615,000	-52.9%	16,388	-36.2%	1.77%	+6.6%
WHR	Sell	WHIRLPOOL CORP COM	$594,000	-75.3%	6,927	-57.4%	1.71%	-44.0%
WSM	New	WILLIAMS SONOMA INC COM	$578,000	–	13,596	–	1.66%	–
FNF	Sell	FIDELITY NATIONAL FINANCIAL IN	$566,000	-80.5%	22,747	-64.4%	1.63%	-55.8%
EPD	Sell	ENTERPRISE PRODS PARTNERS L P	$523,000	-77.9%	36,550	-56.6%	1.51%	-50.0%
RF	Sell	REGIONS FINANCIAL CORP NEW COM	$499,000	-66.6%	55,626	-36.2%	1.44%	-24.4%
LAMR	Sell	LAMAR ADVERTISING CO NEW CL A	$456,000	-63.3%	8,892	-36.2%	1.31%	-17.0%
OXY	Exit	OCCIDENTAL PETE CORP COM	$0	–	-29,073	–	-1.52%	–
SABR	Exit	SABRE CORP COM	$0	–	-65,191	–	-1.86%	–
HD	Exit	HOME DEPOT INC COM	$0	–	-10,852	–	-3.02%	–
DAL	Exit	DELTA AIR LINES INC DEL COM NE	$0	–	-41,382	–	-3.08%	–
TTE	Exit	TOTAL S A SPONSORED ADSadr	$0	–	-44,378	–	-3.12%	–

Q4 2019

			Value		Shares		↓ Weighting
C	Sell	CITIGROUP INC COM NEW	$3,190,000	+8.0%	39,924	-6.7%	4.06%	+18.2%
TGT	Sell	TARGET CORP COM	$3,021,000	+12.6%	23,566	-6.1%	3.85%	+23.3%
AES	Sell	AES CORP COM	$3,009,000	+13.7%	151,194	-6.7%	3.83%	+24.4%
CFG	Sell	CITIZENS FINL GROUP INC COM	$2,914,000	+7.2%	71,751	-6.7%	3.71%	+17.3%
FNF	Sell	FIDELITY NATIONAL FINANCIAL IN	$2,901,000	-4.7%	63,976	-6.7%	3.69%	+4.4%
GILD	Sell	GILEAD SCIENCES INC COM	$2,868,000	-4.3%	44,136	-6.7%	3.65%	+4.8%
VZ	Sell	VERIZON COMMUNICATIONS INC COM	$2,844,000	-5.0%	46,322	-6.7%	3.62%	+4.0%
ETN	Sell	EATON CORP PLC SHS	$2,685,000	+6.3%	28,344	-6.7%	3.42%	+16.4%
AVGO	Sell	BROADCOM INC COM	$2,636,000	+6.9%	8,341	-6.7%	3.36%	+17.0%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$2,583,000	+16.7%	44,459	-6.7%	3.29%	+27.7%
TXN	Sell	TEXAS INSTRS INC COM	$2,483,000	-7.4%	19,355	-6.7%	3.16%	+1.4%
CMI	Sell	CUMMINS INC COM	$2,478,000	+2.7%	13,848	-6.7%	3.16%	+12.4%
MGA	Sell	MAGNA INTL INC COM	$2,465,000	-4.0%	44,945	-6.7%	3.14%	+5.1%
TTE	Sell	TOTAL S A SPONSORED ADSadr	$2,454,000	-0.7%	44,378	-6.7%	3.12%	+8.7%
DAL	New	DELTA AIR LINES INC DEL COM NE	$2,420,000	–	41,382	–	3.08%	–
WHR	Sell	WHIRLPOOL CORP COM	$2,401,000	-13.1%	16,278	-6.7%	3.06%	-4.8%
HD	Sell	HOME DEPOT INC COM	$2,370,000	-12.1%	10,852	-6.7%	3.02%	-3.8%
EPD	Sell	ENTERPRISE PRODS PARTNERS L P	$2,369,000	-13.1%	84,141	-11.8%	3.02%	-4.9%
JPM	Sell	JPMORGAN CHASE & CO COM	$2,359,000	+10.5%	16,925	-6.7%	3.00%	+21.0%
BRX	Buy	BRIXMOR PPTY GROUP INC COM	$2,329,000	+29.2%	107,788	+21.3%	2.96%	+41.4%
CCI	Sell	CROWN CASTLE INTL CORP NEW COM	$2,314,000	-4.5%	16,278	-6.7%	2.95%	+4.5%
LYB	Sell	LYONDELLBASELL INDUSTRIES N V	$2,196,000	-11.5%	23,242	-16.2%	2.80%	-3.1%
CSCO	Sell	CISCO SYS INC COM	$2,187,000	-9.4%	45,593	-6.7%	2.78%	-0.8%
HBAN	Sell	HUNTINGTON BANCSHARES INC COM	$2,171,000	-1.4%	143,987	-6.7%	2.76%	+8.0%
BCE	Sell	BCE INC COM NEW	$2,136,000	-10.1%	46,079	-6.1%	2.72%	-1.5%
ABBV	Sell	ABBVIE INC COM	$1,907,000	+10.2%	21,541	-5.8%	2.43%	+20.6%
ENB	Sell	ENBRIDGE INC COM	$1,620,000	-8.3%	40,734	-19.1%	2.06%	+0.4%
PFE	Sell	PFIZER INC COM	$1,609,000	+2.5%	41,058	-6.0%	2.05%	+12.3%
KIM	Sell	KIMCO RLTY CORP COM	$1,566,000	-7.4%	75,638	-6.7%	1.99%	+1.3%
RF	Sell	REGIONS FINL CORP NEW COM	$1,495,000	+1.2%	87,137	-6.7%	1.90%	+10.8%
SABR	Sell	SABRE CORP COM	$1,463,000	-5.7%	65,191	-5.9%	1.86%	+3.3%
ORI	Sell	OLD REP INTL CORP COM	$1,353,000	-11.5%	60,494	-6.7%	1.72%	-3.0%
CCEP	Sell	COCA COLA EUROPEAN PARTNERS P	$1,306,000	-14.4%	25,671	-6.7%	1.66%	-6.3%
LAMR	Sell	LAMAR ADVERTISING CO NEW CL A	$1,243,000	-43.6%	13,929	-48.2%	1.58%	-38.2%
OXY	Sell	OCCIDENTAL PETE CORP COM	$1,198,000	-31.9%	29,073	-26.6%	1.52%	-25.5%
HAL	Exit	HALLIBURTON CO COM	$0	–	-3,689	–	-0.08%	–
PSXP	Exit	PHILLIPS 66 PARTNERS LP COM UN	$0	–	-2,221	–	-0.15%	–
BKR	Exit	BAKER HUGHES A GE CO CL A	$0	–	-5,666	–	-0.15%	–
PBA	Exit	PEMBINA PIPELINE CORP COM	$0	–	-3,836	–	-0.16%	–
MMP	Exit	MAGELLAN MIDSTREAM PRTNRS LP C	$0	–	-2,184	–	-0.17%	–
OKE	Exit	ONEOK INC NEW COM	$0	–	-2,036	–	-0.17%	–
MRC	Exit	MRC GLOBAL INC COM	$0	–	-12,984	–	-0.18%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS L P	$0	–	-6,669	–	-0.18%	–
COG	Exit	CABOT OIL & GAS CORP COM	$0	–	-9,023	–	-0.18%	–
CPE	Exit	CALLON PETE CO DEL COM	$0	–	-40,045	–	-0.20%	–
WES	Exit	WESTERN MIDSTREAM PARTNERS LP	$0	–	-7,112	–	-0.21%	–
SLB	Exit	SCHLUMBERGER LTD COM	$0	–	-5,430	–	-0.22%	–
MPC	Exit	MARATHON PETE CORP COM	$0	–	-3,187	–	-0.23%	–
CF	Exit	CF INDS HLDGS INC COM	$0	–	-4,072	–	-0.23%	–
OGE	Exit	OGE ENERGY CORP COM	$0	–	-4,485	–	-0.24%	–
SHLX	Exit	SHELL MIDSTREAM PARTNERS L P U	$0	–	-10,299	–	-0.24%	–
MUR	Exit	MURPHY OIL CORP COM	$0	–	-9,959	–	-0.26%	–
LNG	Exit	CHENIERE ENERGY INC COM NEW	$0	–	-3,630	–	-0.27%	–
CXO	Exit	CONCHO RES INC COM	$0	–	-3,627	–	-0.29%	–
ET	Exit	ENERGY TRANSFER LP COM UT LTD	$0	–	-19,772	–	-0.30%	–
DVN	Exit	DEVON ENERGY CORP NEW COM	$0	–	-11,273	–	-0.32%	–
TRGP	Exit	TARGA RES CORP COM	$0	–	-7,496	–	-0.35%	–
EOG	Exit	EOG RES INC COM	$0	–	-4,102	–	-0.35%	–
VLO	Exit	VALERO ENERGY CORP NEW COM	$0	–	-3,630	–	-0.36%	–
CLR	Exit	CONTINENTAL RESOURCES INC COM	$0	–	-10,594	–	-0.38%	–
PXD	Exit	PIONEER NAT RES CO COM	$0	–	-3,069	–	-0.45%	–
CNP	Exit	CENTERPOINT ENERGY INC COM	$0	–	-77,737	–	-2.73%	–

Q3 2019

			Value		Shares		↓ Weighting
FNF	Sell	FIDELITY NATIONAL FINANCIAL IN	$3,044,000	+8.5%	68,541	-1.5%	3.54%	+7.8%
GILD	Sell	GILEAD SCIENCES INC COM	$2,997,000	-7.5%	47,284	-1.4%	3.49%	-8.1%
VZ	Sell	VERIZON COMMUNICATIONS INC COM	$2,995,000	+4.0%	49,627	-1.5%	3.48%	+3.4%
C	Sell	CITIGROUP INC COM NEW	$2,955,000	-2.9%	42,773	-1.5%	3.44%	-3.5%
WHR	Sell	WHIRLPOOL CORP COM	$2,762,000	+9.6%	17,439	-1.5%	3.21%	+8.8%
EPD	Sell	ENTERPRISE PRODS PARTNERS L P	$2,726,000	-1.9%	95,397	-0.9%	3.17%	-2.5%
CFG	Sell	CITIZENS FINL GROUP INC COM	$2,719,000	-1.5%	76,870	-1.5%	3.16%	-2.1%
HD	Sell	HOME DEPOT INC COM	$2,697,000	+9.7%	11,626	-1.7%	3.14%	+9.0%
TGT	Sell	TARGET CORP COM	$2,682,000	-1.5%	25,091	-20.2%	3.12%	-2.2%
TXN	Sell	TEXAS INSTRS INC COM	$2,680,000	+10.9%	20,736	-1.5%	3.12%	+10.2%
AES	Sell	AES CORP COM	$2,647,000	-3.9%	161,982	-1.5%	3.08%	-4.5%
MGA	Sell	MAGNA INTL INC COM	$2,568,000	+5.7%	48,152	-1.5%	2.99%	+5.0%
ETN	Sell	EATON CORP PLC SHS	$2,525,000	-1.7%	30,366	-1.5%	2.94%	-2.3%
LYB	Sell	LYONDELLBASELL INDUSTRIES N V	$2,481,000	+3.5%	27,733	-0.3%	2.89%	+2.9%
TTE	Sell	TOTAL S A SPONSORED ADSadr	$2,472,000	-8.2%	47,545	-1.5%	2.88%	-8.8%
AVGO	Sell	BROADCOM INC COM	$2,467,000	-5.6%	8,936	-1.5%	2.87%	-6.2%
CCI	Sell	CROWN CASTLE INTL CORP NEW COM	$2,424,000	+5.0%	17,439	-1.5%	2.82%	+4.3%
CMI	Sell	CUMMINS INC COM	$2,413,000	-6.5%	14,836	-1.5%	2.81%	-7.1%
CSCO	Sell	CISCO SYS INC COM	$2,413,000	-11.1%	48,846	-1.5%	2.81%	-11.7%
BCE	Buy	BCE INC COM NEW	$2,375,000	+76.4%	49,052	+65.7%	2.76%	+75.3%
CNP	Sell	CENTERPOINT ENERGY INC COM	$2,346,000	+3.8%	77,737	-1.5%	2.73%	+3.1%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$2,214,000	+16.9%	47,631	-1.5%	2.58%	+16.1%
LAMR	Sell	LAMAR ADVERTISING CO NEW CL A	$2,204,000	0.0%	26,896	-1.5%	2.56%	-0.7%
HBAN	Sell	HUNTINGTON BANCSHARES INC COM	$2,201,000	+1.7%	154,260	-1.5%	2.56%	+1.0%
JPM	Sell	JPMORGAN CHASE & CO COM	$2,134,000	+4.0%	18,133	-1.2%	2.48%	+3.3%
BRX	New	BRIXMOR PPTY GROUP INC COM	$1,803,000	–	88,843	–	2.10%	–
ENB	Sell	ENBRIDGE INC COM	$1,767,000	-2.8%	50,368	-0.1%	2.06%	-3.4%
OXY	Buy	OCCIDENTAL PETE CORP COM	$1,760,000	-6.9%	39,586	+5.3%	2.05%	-7.5%
ABBV	New	ABBVIE INC COM	$1,731,000	–	22,856	–	2.01%	–
KIM	New	KIMCO RLTY CORP COM	$1,692,000	–	81,034	–	1.97%	–
PFE	Sell	PFIZER INC COM	$1,569,000	-48.0%	43,664	-37.3%	1.82%	-48.4%
SABR	Sell	SABRE CORP COM	$1,551,000	-17.4%	69,270	-18.1%	1.80%	-17.9%
ORI	Sell	OLD REP INTL CORP COM	$1,528,000	+3.7%	64,810	-1.5%	1.78%	+3.1%
CCEP	Sell	COCA COLA EUROPEAN PARTNERS P	$1,525,000	-3.4%	27,503	-1.5%	1.77%	-4.0%
RF	Sell	REGIONS FINL CORP NEW COM	$1,477,000	+4.3%	93,354	-1.5%	1.72%	+3.6%
PXD	Buy	PIONEER NAT RES CO COM	$386,000	+26.6%	3,069	+54.6%	0.45%	+25.8%
CLR	Buy	CONTINENTAL RESOURCES INC COM	$326,000	-1.8%	10,594	+34.2%	0.38%	-2.6%
VLO	Buy	VALERO ENERGY CORP NEW COM	$309,000	+11.2%	3,630	+11.7%	0.36%	+10.5%
EOG	Buy	EOG RES INC COM	$304,000	+13.0%	4,102	+42.2%	0.35%	+12.4%
TRGP	Buy	TARGA RES CORP COM	$301,000	+18.0%	7,496	+15.5%	0.35%	+17.1%
DVN	Buy	DEVON ENERGY CORP NEW COM	$271,000	-6.2%	11,273	+11.4%	0.32%	-6.8%
ET	Buy	ENERGY TRANSFER LP COM UT LTD	$259,000	+3.6%	19,772	+11.3%	0.30%	+2.7%
CXO	Buy	CONCHO RES INC COM	$246,000	-4.3%	3,627	+45.5%	0.29%	-5.0%
LNG	Buy	CHENIERE ENERGY INC COM NEW	$229,000	+2.7%	3,630	+11.6%	0.27%	+1.9%
MUR	Buy	MURPHY OIL CORP COM	$220,000	+36.6%	9,959	+52.1%	0.26%	+36.2%
SHLX	Buy	SHELL MIDSTREAM PARTNERS L P U	$211,000	+9.9%	10,299	+11.2%	0.24%	+8.9%
OGE	Buy	OGE ENERGY CORP COM	$204,000	+18.6%	4,485	+11.3%	0.24%	+17.9%
CF	Buy	CF INDS HLDGS INC COM	$200,000	+17.0%	4,072	+11.3%	0.23%	+16.5%
MPC	Buy	MARATHON PETE CORP COM	$194,000	+21.2%	3,187	+11.3%	0.23%	+20.9%
SLB	Buy	SCHLUMBERGER LTD COM	$186,000	-4.1%	5,430	+11.1%	0.22%	-4.8%
WES	Buy	WESTERN MIDSTREAM PARTNERS LP	$177,000	-9.7%	7,112	+11.6%	0.21%	-10.0%
CPE	Buy	CALLON PETE CO DEL COM	$174,000	-26.6%	40,045	+11.3%	0.20%	-27.1%
COG	New	CABOT OIL & GAS CORP COM	$159,000	–	9,023	–	0.18%	–
SPH	Buy	SUBURBAN PROPANE PARTNERS L P	$158,000	+8.2%	6,669	+11.3%	0.18%	+7.6%
MRC	Buy	MRC GLOBAL INC COM	$157,000	-21.5%	12,984	+11.3%	0.18%	-21.8%
OKE	Sell	ONEOK INC NEW COM	$150,000	-11.2%	2,036	-17.1%	0.17%	-12.1%
MMP	Sell	MAGELLAN MIDSTREAM PRTNRS LP C	$145,000	-28.6%	2,184	-31.2%	0.17%	-29.0%
PBA	Buy	PEMBINA PIPELINE CORP COM	$142,000	+9.2%	3,836	+9.9%	0.16%	+8.6%
BKR	Buy	BAKER HUGHES A GE CO CL A	$131,000	+4.8%	5,666	+11.3%	0.15%	+4.1%
PSXP	New	PHILLIPS 66 PARTNERS LP COM UN	$126,000	–	2,221	–	0.15%	–
HAL	Buy	HALLIBURTON CO COM	$70,000	-7.9%	3,689	+9.8%	0.08%	-9.0%
APC	Exit	ANADARKO PETE CORP COM	$0	–	-2,154	–	-0.18%	–
SRE	Exit	SEMPRA ENERGY COM	$0	–	-1,114	–	-0.18%	–
KMI	Exit	KINDER MORGAN INC DEL COM	$0	–	-8,111	–	-0.20%	–
KSS	Exit	KOHLS CORP COM	$0	–	-28,456	–	-1.58%	–
NOK	Exit	NOKIA CORP SPONSORED ADRadr	$0	–	-275,306	–	-1.61%	–
KLAC	Exit	KLA-TENCOR CORP COM	$0	–	-13,127	–	-1.82%	–

Q2 2019

			Value		Shares		↓ Weighting
GILD	New	GILEAD SCIENCES INC COM	$3,241,000	–	47,970	–	3.79%	–
C	New	CITIGROUP INC COM NEW	$3,042,000	–	43,432	–	3.56%	–
PFE	New	PFIZER INC COM	$3,019,000	–	69,686	–	3.53%	–
VZ	New	VERIZON COMMUNICATIONS INC COM	$2,879,000	–	50,392	–	3.37%	–
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$2,805,000	–	69,597	–	3.28%	–
EPD	New	ENTERPRISE PRODS PARTNERS L P	$2,779,000	–	96,261	–	3.25%	–
CFG	New	CITIZENS FINL GROUP INC COM	$2,760,000	–	78,055	–	3.23%	–
AES	New	AES CORP COM	$2,755,000	–	164,405	–	3.22%	–
TGT	New	TARGET CORP COM	$2,724,000	–	31,451	–	3.19%	–
CSCO	New	CISCO SYS INC COM	$2,715,000	–	49,599	–	3.18%	–
TTE	New	TOTAL S A SPONSORED ADSadr	$2,693,000	–	48,278	–	3.15%	–
AVGO	New	BROADCOM INC COM	$2,612,000	–	9,074	–	3.06%	–
CMI	New	CUMMINS INC COM	$2,581,000	–	15,065	–	3.02%	–
ETN	New	EATON CORP PLC SHS	$2,568,000	–	30,834	–	3.01%	–
WHR	New	WHIRLPOOL CORP COM	$2,521,000	–	17,708	–	2.95%	–
HD	New	HOME DEPOT INC COM	$2,459,000	–	11,822	–	2.88%	–
MGA	New	MAGNA INTL INC COM	$2,430,000	–	48,894	–	2.84%	–
TXN	New	TEXAS INSTRS INC COM	$2,416,000	–	21,055	–	2.83%	–
LYB	New	LYONDELLBASELL INDUSTRIES N V	$2,396,000	–	27,823	–	2.80%	–
CCI	New	CROWN CASTLE INTL CORP NEW COM	$2,308,000	–	17,708	–	2.70%	–
CNP	New	CENTERPOINT ENERGY INC COM	$2,260,000	–	78,936	–	2.65%	–
LAMR	New	LAMAR ADVERTISING CO NEW CL A	$2,204,000	–	27,310	–	2.58%	–
HBAN	New	HUNTINGTON BANCSHARES INC COM	$2,165,000	–	156,638	–	2.53%	–
JPM	New	JPMORGAN CHASE & CO COM	$2,052,000	–	18,350	–	2.40%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$1,894,000	–	48,366	–	2.22%	–
OXY	New	OCCIDENTAL PETE CORP COM	$1,890,000	–	37,592	–	2.21%	–
SABR	New	SABRE CORP COM	$1,878,000	–	84,574	–	2.20%	–
ENB	New	ENBRIDGE INC COM	$1,818,000	–	50,395	–	2.13%	–
CCEP	New	COCA COLA EUROPEAN PARTNERS P	$1,578,000	–	27,927	–	1.85%	–
KLAC	New	KLA-TENCOR CORP COM	$1,552,000	–	13,127	–	1.82%	–
ORI	New	OLD REP INTL CORP COM	$1,473,000	–	65,809	–	1.72%	–
RF	New	REGIONS FINL CORP NEW COM	$1,416,000	–	94,793	–	1.66%	–
NOK	New	NOKIA CORP SPONSORED ADRadr	$1,379,000	–	275,306	–	1.61%	–
KSS	New	KOHLS CORP COM	$1,353,000	–	28,456	–	1.58%	–
BCE	New	BCE INC COM NEW	$1,346,000	–	29,601	–	1.58%	–
CLR	New	CONTINENTAL RESOURCES INC COM	$332,000	–	7,896	–	0.39%	–
PXD	New	PIONEER NAT RES CO COM	$305,000	–	1,985	–	0.36%	–
DVN	New	DEVON ENERGY CORP NEW COM	$289,000	–	10,118	–	0.34%	–
VLO	New	VALERO ENERGY CORP NEW COM	$278,000	–	3,251	–	0.32%	–
EOG	New	EOG RES INC COM	$269,000	–	2,884	–	0.32%	–
CXO	New	CONCHO RES INC COM	$257,000	–	2,492	–	0.30%	–
TRGP	New	TARGA RES CORP COM	$255,000	–	6,489	–	0.30%	–
ET	New	ENERGY TRANSFER LP COM UT LTD	$250,000	–	17,764	–	0.29%	–
CPE	New	CALLON PETE CO DEL COM	$237,000	–	35,979	–	0.28%	–
LNG	New	CHENIERE ENERGY INC COM NEW	$223,000	–	3,252	–	0.26%	–
MMP	New	MAGELLAN MIDSTREAM PRTNRS LP C	$203,000	–	3,175	–	0.24%	–
MRC	New	MRC GLOBAL INC COM	$200,000	–	11,666	–	0.23%	–
WES	New	WESTERN MIDSTREAM PARTNERS LP	$196,000	–	6,371	–	0.23%	–
SLB	New	SCHLUMBERGER LTD COM	$194,000	–	4,886	–	0.23%	–
SHLX	New	SHELL MIDSTREAM PARTNERS L P U	$192,000	–	9,263	–	0.22%	–
OGE	New	OGE ENERGY CORP COM	$172,000	–	4,030	–	0.20%	–
CF	New	CF INDS HLDGS INC COM	$171,000	–	3,659	–	0.20%	–
OKE	New	ONEOK INC NEW COM	$169,000	–	2,457	–	0.20%	–
KMI	New	KINDER MORGAN INC DEL COM	$169,000	–	8,111	–	0.20%	–
MUR	New	MURPHY OIL CORP COM	$161,000	–	6,547	–	0.19%	–
MPC	New	MARATHON PETE CORP COM	$160,000	–	2,863	–	0.19%	–
SRE	New	SEMPRA ENERGY COM	$153,000	–	1,114	–	0.18%	–
APC	New	ANADARKO PETE CORP COM	$152,000	–	2,154	–	0.18%	–
SPH	New	SUBURBAN PROPANE PARTNERS L P	$146,000	–	5,992	–	0.17%	–
PBA	New	PEMBINA PIPELINE CORP COM	$130,000	–	3,490	–	0.15%	–
BKR	New	BAKER HUGHES A GE CO CL A	$125,000	–	5,091	–	0.15%	–
HAL	New	HALLIBURTON CO COM	$76,000	–	3,361	–	0.09%	–

Q4 2018

			Value		Shares		↓ Weighting
BTTGY	Exit	BT GROUP PLC ADRadr	$0	–	-358	–	-0.00%	–
NGG	Exit	NATIONAL GRID PLC SPONSORED ADadr	$0	–	-114	–	-0.01%	–
LUMN	Exit	CENTURYLINK INC COM	$0	–	-299	–	-0.01%	–
WTR	Exit	AQUA AMERICA INC COM	$0	–	-199	–	-0.01%	–
NEP	Exit	NEXTERA ENERGY PARTNERS LP COM	$0	–	-144	–	-0.01%	–
GLW	Exit	CORNING INC COM	$0	–	-201	–	-0.01%	–
VEOEY	Exit	VEOLIA ENVIRONNEMENT SPONSOREDadr	$0	–	-373	–	-0.01%	–
UPS	Exit	UNITED PARCEL SERVICE INC CL B	$0	–	-72	–	-0.01%	–
LUV	Exit	SOUTHWEST AIRLS CO COM	$0	–	-130	–	-0.01%	–
ZAYO	Exit	ZAYO GROUP HLDGS INC COM	$0	–	-220	–	-0.01%	–
AMT	Exit	AMERICAN TOWER CORP NEW COM	$0	–	-71	–	-0.01%	–
AKAM	Exit	AKAMAI TECHNOLOGIES INC	$0	–	-135	–	-0.01%	–
T	Exit	AT&T INC COM	$0	–	-360	–	-0.01%	–
MDU	Exit	MDU RES GROUP INC COM	$0	–	-486	–	-0.01%	–
VOD	Exit	VODAFONE GROUP PLC NEW SPONSORadr	$0	–	-559	–	-0.01%	–
PWR	Exit	QUANTA SVCS INC COM	$0	–	-393	–	-0.01%	–
FDX	Exit	FEDEX CORP COM	$0	–	-53	–	-0.01%	–
AGR	Exit	AVANGRID INC COM	$0	–	-272	–	-0.01%	–
ABB	Exit	ABB LTD SPONSORED ADRadr	$0	–	-567	–	-0.01%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC COM	$0	–	-175	–	-0.01%	–
EIX	Exit	EDISON INTL COM	$0	–	-207	–	-0.01%	–
WMB	Exit	WILLIAMS COS INC DEL COM	$0	–	-510	–	-0.01%	–
CMI	Exit	CUMMINS INC COM	$0	–	-102	–	-0.01%	–
TRGP	Exit	TARGA RES CORP COM	$0	–	-324	–	-0.02%	–
FTS	Exit	FORTIS INC COM	$0	–	-648	–	-0.02%	–
D	Exit	DOMINION ENERGY INC COM	$0	–	-319	–	-0.02%	–
PUMP	Exit	PROPETRO HLDG CORP COM	$0	–	-8,633	–	-0.12%	–
SPH	Exit	SUBURBAN PROPANE PARTNERS L P	$0	–	-6,435	–	-0.13%	–
LNG	Exit	CHENIERE ENERGY INC COM NEW	$0	–	-2,216	–	-0.13%	–
PE	Exit	PARSLEY ENERGY INC CL A	$0	–	-5,340	–	-0.13%	–
OGE	Exit	OGE ENERGY CORP COM	$0	–	-4,327	–	-0.13%	–
MMP	Exit	MAGELLAN MIDSTREAM PRTNRS LP C	$0	–	-2,350	–	-0.13%	–
FANG	Exit	DIAMONDBACK ENERGY INC COM	$0	–	-1,250	–	-0.14%	–
DWDP	Exit	DOWDUPONT INC COM	$0	–	-2,800	–	-0.15%	–
BKR	Exit	BAKER HUGHES A GE CO CL A	$0	–	-5,454	–	-0.16%	–
MRC	Exit	MRC GLOBAL INC COM	$0	–	-9,913	–	-0.16%	–
PAGP	Exit	PLAINS GP HLDGS L P LTD PARTNR	$0	–	-8,607	–	-0.18%	–
CPE	Exit	CALLON PETE CO DEL COM	$0	–	-17,924	–	-0.18%	–
OGS	Exit	ONE GAS INC COM	$0	–	-2,727	–	-0.19%	–
SRE	Exit	SEMPRA ENERGY COM	$0	–	-2,016	–	-0.19%	–
SHLX	Exit	SHELL MIDSTREAM PARTNERS L P U	$0	–	-11,248	–	-0.20%	–
MTZ	Exit	MASTEC INC COM	$0	–	-5,394	–	-0.20%	–
AR	Exit	ANTERO RES CORP COM	$0	–	-14,295	–	-0.21%	–
CF	Exit	CF INDS HLDGS INC COM	$0	–	-4,687	–	-0.22%	–
PBA	Exit	PEMBINA PIPELINE CORP COM	$0	–	-7,527	–	-0.22%	–
ENB	Exit	ENBRIDGE INC COM	$0	–	-8,371	–	-0.23%	–
PXD	Exit	PIONEER NAT RES CO COM	$0	–	-1,591	–	-0.23%	–
KMI	Exit	KINDER MORGAN INC DEL COM	$0	–	-15,929	–	-0.24%	–
ANDV	Exit	ANDEAVOR COM	$0	–	-1,907	–	-0.25%	–
BPL	Exit	BUCKEYE PARTNERS L P UNIT LTD	$0	–	-8,816	–	-0.27%	–
APC	Exit	ANADARKO PETE CORP COM	$0	–	-4,772	–	-0.27%	–
ET	Exit	ENERGY TRANSFER LP COM UT LTD	$0	–	-19,031	–	-0.28%	–
EGN	Exit	ENERGEN CORP COM	$0	–	-4,005	–	-0.29%	–
EOG	Exit	EOG RES INC COM	$0	–	-2,841	–	-0.31%	–
UMPQ	Exit	UMPQUA HLDGS CORP COM	$0	–	-47,286	–	-0.83%	–
HPQ	Exit	HP INC COM	$0	–	-45,442	–	-0.99%	–
DLR	Exit	DIGITAL RLTY TR INC COM	$0	–	-11,189	–	-1.06%	–
ORI	Exit	OLD REP INTL CORP COM	$0	–	-88,914	–	-1.68%	–
IP	Exit	INTL PAPER CO COM	$0	–	-40,764	–	-1.69%	–
NOK	Exit	NOKIA CORP SPONSORED ADRadr	$0	–	-374,216	–	-1.76%	–
CCL	Exit	CARNIVAL CORP PAIRED CTF	$0	–	-33,459	–	-1.80%	–
AES	Exit	AES CORP COM	$0	–	-153,927	–	-1.82%	–
AEG	Exit	AEGON N V NY REGISTRY SH	$0	–	-336,596	–	-1.83%	–
C	Exit	CITIGROUP INC COM NEW	$0	–	-31,339	–	-1.90%	–
FNF	Exit	FIDELITY NATIONAL FINANCIAL IN	$0	–	-57,140	–	-1.90%	–
OKE	Exit	ONEOK INC NEW COM	$0	–	-33,371	–	-1.91%	–
CSCO	Exit	CISCO SYS INC COM	$0	–	-48,304	–	-1.99%	–
HSBC	Exit	HSBC HLDGS PLC SPON ADR NEWadr	$0	–	-54,784	–	-2.04%	–
TXN	Exit	TEXAS INSTRS INC COM	$0	–	-22,620	–	-2.05%	–
SIX	Exit	SIX FLAGS ENTMT CORP NEW COM	$0	–	-35,344	–	-2.08%	–
CCI	Exit	CROWN CASTLE INTL CORP NEW COM	$0	–	-23,811	–	-2.24%	–
QCOM	Exit	QUALCOMM INC COM	$0	–	-37,133	–	-2.26%	–
AVGO	Exit	BROADCOM INC COM	$0	–	-10,889	–	-2.27%	–
TGT	Exit	TARGET CORP COM	$0	–	-30,985	–	-2.31%	–
CY	Exit	CYPRESS SEMICONDUCTOR CORP COM	$0	–	-191,213	–	-2.34%	–
LAMR	Exit	LAMAR ADVERTISING CO NEW CL A	$0	–	-36,522	–	-2.40%	–
TSM	Exit	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$0	–	-64,680	–	-2.41%	–
CNP	Exit	CENTERPOINT ENERGY INC COM	$0	–	-106,081	–	-2.48%	–
SABR	Exit	SABRE CORP COM	$0	–	-113,102	–	-2.49%	–
CME	Exit	CME GROUP INC COM CL A	$0	–	-17,672	–	-2.54%	–
MPLX	Exit	MPLX LP COM UNIT REP LTD	$0	–	-89,186	–	-2.61%	–
TTE	Exit	TOTAL S A SPONSORED ADRadr	$0	–	-48,304	–	-2.63%	–
HBAN	Exit	HUNTINGTON BANCSHARES INC COM	$0	–	-209,474	–	-2.64%	–
KLAC	Exit	KLA-TENCOR CORP COM	$0	–	-32,163	–	-2.76%	–
LYB	Exit	LYONDELLBASELL INDUSTRIES N V	$0	–	-33,813	–	-2.93%	–
TD	Exit	TORONTO DOMINION BK ONT COM NE	$0	–	-57,847	–	-2.97%	–
ETN	Exit	EATON CORP PLC SHS	$0	–	-41,235	–	-3.02%	–
DVY	Exit	ISHARES TR SELECT DIVID ETF	$0	–	-36,065	–	-3.04%	–
VZ	Exit	VERIZON COMMUNICATIONS INC COM	$0	–	-67,522	–	-3.05%	–
EPD	Exit	ENTERPRISE PRODS PARTNERS L P	$0	–	-134,915	–	-3.28%	–
OXY	Exit	OCCIDENTAL PETE CORP DEL COM	$0	–	-48,167	–	-3.34%	–
PFE	Exit	PFIZER INC COM	$0	–	-93,191	–	-3.47%	–
BBT	Exit	BB&T CORP COM	$0	–	-87,183	–	-3.58%	–
XLK	Exit	SELECT SECTOR SPDR TR TECHNOLO	$0	–	-59,520	–	-3.79%	–

Q3 2018

			Value		Shares		↓ Weighting
XLK	New	SELECT SECTOR SPDR TR TECHNOLO	$4,484,000	–	59,520	–	3.79%	–
BBT	Sell	BB&T CORP COM	$4,232,000	-4.7%	87,183	-1.0%	3.58%	-6.1%
PFE	Sell	PFIZER INC COM	$4,107,000	+20.2%	93,191	-1.0%	3.47%	+18.5%
OXY	Buy	OCCIDENTAL PETE CORP DEL COM	$3,958,000	+98.0%	48,167	+101.6%	3.34%	+95.2%
EPD	Buy	ENTERPRISE PRODS PARTNERS L P	$3,876,000	+12.6%	134,915	+8.4%	3.28%	+10.9%
VZ	Sell	VERIZON COMMUNICATIONS INC COM	$3,605,000	+4.9%	67,522	-1.2%	3.05%	+3.4%
DVY	New	ISHARES TR SELECT DIVID ETF	$3,598,000	–	36,065	–	3.04%	–
ETN	Sell	EATON CORP PLC SHS	$3,576,000	+14.8%	41,235	-1.0%	3.02%	+13.2%
TD	Sell	TORONTO DOMINION BK ONT COM NE	$3,517,000	+4.0%	57,847	-1.0%	2.97%	+2.5%
LYB	Sell	LYONDELLBASELL INDUSTRIES N V	$3,466,000	-7.6%	33,813	-1.0%	2.93%	-9.0%
KLAC	Sell	KLA-TENCOR CORP COM	$3,271,000	-1.8%	32,163	-1.0%	2.76%	-3.3%
HBAN	Sell	HUNTINGTON BANCSHARES INC COM	$3,125,000	+0.0%	209,474	-1.0%	2.64%	-1.4%
TTE	Sell	TOTAL S A SPONSORED ADRadr	$3,110,000	+5.2%	48,304	-1.0%	2.63%	+3.7%
MPLX	Sell	MPLX LP COM UNIT REP LTD	$3,093,000	+0.6%	89,186	-1.0%	2.61%	-0.9%
CME	Sell	CME GROUP INC COM CL A	$3,008,000	+2.8%	17,672	-1.0%	2.54%	+1.3%
SABR	Sell	SABRE CORP COM	$2,950,000	+4.8%	113,102	-1.0%	2.49%	+3.2%
CNP	Sell	CENTERPOINT ENERGY INC COM	$2,933,000	-1.0%	106,081	-0.8%	2.48%	-2.5%
TSM	Sell	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$2,856,000	+19.5%	64,680	-1.0%	2.41%	+17.8%
LAMR	Sell	LAMAR ADVERTISING CO NEW CL A	$2,841,000	+12.7%	36,522	-1.0%	2.40%	+11.1%
CY	Sell	CYPRESS SEMICONDUCTOR CORP COM	$2,771,000	-7.9%	191,213	-1.0%	2.34%	-9.3%
TGT	Sell	TARGET CORP COM	$2,733,000	+14.7%	30,985	-1.0%	2.31%	+13.0%
AVGO	New	BROADCOM INC COM	$2,687,000	–	10,889	–	2.27%	–
QCOM	Sell	QUALCOMM INC COM	$2,675,000	+27.0%	37,133	-1.1%	2.26%	+25.1%
CCI	Sell	CROWN CASTLE INTL CORP NEW COM	$2,651,000	+2.3%	23,811	-0.9%	2.24%	+0.8%
SIX	Sell	SIX FLAGS ENTMT CORP NEW COM	$2,468,000	-1.3%	35,344	-1.0%	2.08%	-2.8%
TXN	Sell	TEXAS INSTRS INC COM	$2,427,000	-3.7%	22,620	-1.0%	2.05%	-5.1%
HSBC	Sell	HSBC HLDGS PLC SPON ADR NEWadr	$2,410,000	-7.6%	54,784	-1.0%	2.04%	-9.0%
CSCO	Sell	CISCO SYS INC COM	$2,350,000	+11.9%	48,304	-1.0%	1.99%	+10.3%
OKE	New	ONEOK INC NEW COM	$2,262,000	–	33,371	–	1.91%	–
FNF	Sell	FIDELITY NATIONAL FINANCIAL IN	$2,248,000	+3.5%	57,140	-1.0%	1.90%	+2.0%
C	New	CITIGROUP INC COM NEW	$2,248,000	–	31,339	–	1.90%	–
AEG	Sell	AEGON N V NY REGISTRY SH	$2,164,000	+7.5%	336,596	-1.0%	1.83%	+6.0%
AES	Buy	AES CORP COM	$2,155,000	+4.5%	153,927	+0.1%	1.82%	+3.0%
CCL	Sell	CARNIVAL CORP PAIRED CTF	$2,134,000	+10.2%	33,459	-1.0%	1.80%	+8.5%
NOK	Buy	NOKIA CORP SPONSORED ADRadr	$2,088,000	-2.9%	374,216	+0.1%	1.76%	-4.3%
IP	Sell	INTL PAPER CO COM	$2,004,000	-6.6%	40,764	-1.0%	1.69%	-7.9%
HPQ	Sell	HP INC COM	$1,171,000	-52.4%	45,442	-58.1%	0.99%	-53.1%
EOG	Sell	EOG RES INC COM	$362,000	+1.7%	2,841	-0.7%	0.31%	+0.3%
EGN	Sell	ENERGEN CORP COM	$345,000	+15.8%	4,005	-2.2%	0.29%	+14.1%
ET	Sell	ENERGY TRANSFER LP COM UT LTD	$332,000	-28.3%	19,031	-29.1%	0.28%	-29.2%
APC	Sell	ANADARKO PETE CORP COM	$322,000	-8.3%	4,772	-0.5%	0.27%	-9.6%
BPL	New	BUCKEYE PARTNERS L P UNIT LTD	$315,000	–	8,816	–	0.27%	–
KMI	Sell	KINDER MORGAN INC DEL COM	$282,000	-0.7%	15,929	-0.7%	0.24%	-2.5%
PXD	Sell	PIONEER NAT RES CO COM	$277,000	-9.5%	1,591	-1.5%	0.23%	-10.7%
ENB	Buy	ENBRIDGE INC COM	$270,000	-9.4%	8,371	+0.3%	0.23%	-10.9%
PBA	Sell	PEMBINA PIPELINE CORP COM	$256,000	-16.3%	7,527	-14.8%	0.22%	-17.6%
CF	Sell	CF INDS HLDGS INC COM	$255,000	+22.0%	4,687	-0.4%	0.22%	+20.1%
AR	New	ANTERO RES CORP COM	$253,000	–	14,295	–	0.21%	–
MTZ	New	MASTEC INC COM	$241,000	–	5,394	–	0.20%	–
SHLX	New	SHELL MIDSTREAM PARTNERS L P U	$240,000	–	11,248	–	0.20%	–
SRE	Buy	SEMPRA ENERGY COM	$229,000	+55.8%	2,016	+59.5%	0.19%	+54.0%
OGS	Sell	ONE GAS INC COM	$224,000	+8.7%	2,727	-1.2%	0.19%	+6.8%
CPE	Sell	CALLON PETE CO DEL COM	$215,000	+10.8%	17,924	-0.7%	0.18%	+9.6%
PAGP	Sell	PLAINS GP HLDGS L P LTD PARTNR	$211,000	+1.4%	8,607	-0.8%	0.18%	0.0%
MRC	Sell	MRC GLOBAL INC COM	$186,000	-15.1%	9,913	-2.1%	0.16%	-16.5%
BKR	Sell	BAKER HUGHES A GE CO CL A	$185,000	+1.1%	5,454	-1.6%	0.16%	-0.6%
FANG	Sell	DIAMONDBACK ENERGY INC COM	$169,000	+1.2%	1,250	-1.6%	0.14%	0.0%
MMP	Sell	MAGELLAN MIDSTREAM PRTNRS LP C	$159,000	-47.0%	2,350	-45.9%	0.13%	-47.9%
OGE	Sell	OGE ENERGY CORP COM	$157,000	-0.6%	4,327	-3.9%	0.13%	-1.5%
PE	Sell	PARSLEY ENERGY INC CL A	$156,000	-4.3%	5,340	-0.7%	0.13%	-5.7%
LNG	Sell	CHENIERE ENERGY INC COM NEW	$154,000	+6.2%	2,216	-0.1%	0.13%	+4.8%
SPH	Sell	SUBURBAN PROPANE PARTNERS L P	$151,000	-39.8%	6,435	-39.9%	0.13%	-40.5%
PUMP	New	PROPETRO HLDG CORP COM	$142,000	–	8,633	–	0.12%	–
D	Sell	DOMINION ENERGY INC COM	$22,000	-81.5%	319	-81.8%	0.02%	-81.4%
FTS	Buy	FORTIS INC COM	$21,000	+90.9%	648	+91.7%	0.02%	+100.0%
TRGP	Buy	TARGA RES CORP COM	$18,000	+28.6%	324	+13.7%	0.02%	+25.0%
CMI	Sell	CUMMINS INC COM	$15,000	-89.8%	102	-90.8%	0.01%	-89.7%
EIX	Buy	EDISON INTL COM	$14,000	+16.7%	207	+13.7%	0.01%	+20.0%
WMB	Sell	WILLIAMS COS INC DEL COM	$14,000	-99.3%	510	-99.3%	0.01%	-99.3%
MCHP	Buy	MICROCHIP TECHNOLOGY INC COM	$14,000	+250.0%	175	+348.7%	0.01%	+300.0%
ABB	Buy	ABB LTD SPONSORED ADRadr	$13,000	+18.2%	567	+13.9%	0.01%	+22.2%
AGR	Buy	AVANGRID INC COM	$13,000	0.0%	272	+13.8%	0.01%	0.0%
FDX	Buy	FEDEX CORP COM	$13,000	+18.2%	53	+12.8%	0.01%	+22.2%
PWR	Sell	QUANTA SVCS INC COM	$13,000	-94.9%	393	-94.9%	0.01%	-95.0%
VOD	Sell	VODAFONE GROUP PLC NEW SPONSORadr	$12,000	-99.6%	559	-99.6%	0.01%	-99.6%
T	Buy	AT&T INC COM	$12,000	+20.0%	360	+13.9%	0.01%	+11.1%
MDU	Buy	MDU RES GROUP INC COM	$12,000	0.0%	486	+13.8%	0.01%	0.0%
AKAM	Buy	AKAMAI TECHNOLOGIES INC	$10,000	+11.1%	135	+14.4%	0.01%	0.0%
AMT	Buy	AMERICAN TOWER CORP NEW COM	$10,000	+11.1%	71	+14.5%	0.01%	0.0%
LUV	Buy	SOUTHWEST AIRLS CO COM	$8,000	+33.3%	130	+14.0%	0.01%	+40.0%
UPS	Sell	UNITED PARCEL SERVICE INC CL B	$8,000	-99.3%	72	-99.3%	0.01%	-99.3%
ZAYO	Buy	ZAYO GROUP HLDGS INC COM	$8,000	+14.3%	220	+14.0%	0.01%	+16.7%
NEP	Buy	NEXTERA ENERGY PARTNERS LP COM	$7,000	+16.7%	144	+6.7%	0.01%	+20.0%
WTR	Buy	AQUA AMERICA INC COM	$7,000	+16.7%	199	+13.7%	0.01%	+20.0%
GLW	Sell	CORNING INC COM	$7,000	+16.7%	201	-4.3%	0.01%	+20.0%
VEOEY	Buy	VEOLIA ENVIRONNEMENT SPONSOREDadr	$7,000	0.0%	373	+14.1%	0.01%	0.0%
LUMN	Buy	CENTURYLINK INC COM	$6,000	+20.0%	299	+14.1%	0.01%	+25.0%
NGG	Sell	NATIONAL GRID PLC SPONSORED ADadr	$6,000	-40.0%	114	-36.0%	0.01%	-44.4%
BTTGY	Buy	BT GROUP PLC ADRadr	$5,000	0.0%	358	+6.9%	0.00%	0.0%
MPC	Exit	MARATHON PETE CORP COM	$0	–	-80	–	-0.01%	–
HAL	Exit	HALLIBURTON CO COM	$0	–	-3,570	–	-0.14%	–
UGI	Exit	UGI CORP NEW COM	$0	–	-3,519	–	-0.16%	–
WGP	Exit	WESTERN GAS EQUITY PARTNERS LP	$0	–	-7,793	–	-0.24%	–
EQT	Exit	EQT CORP COM	$0	–	-6,806	–	-0.32%	–
BCE	Exit	BCE INC COM NEW	$0	–	-39,994	–	-1.39%	–
SYY	Exit	SYSCO CORP COM	$0	–	-25,710	–	-1.51%	–
GPS	Exit	GAP INC DEL COM	$0	–	-76,893	–	-2.14%	–
CAJ	Exit	CANON INC SPONSORED ADRadr	$0	–	-77,726	–	-2.18%	–
WDC	Exit	WESTERN DIGITAL CORP COM	$0	–	-34,518	–	-2.29%	–

Q2 2018

			Value		Shares		↓ Weighting
BBT	New	BB&T CORP COM	$4,443,000	–	88,081	–	3.81%	–
LYB	New	LYONDELLBASELL INDUSTRIES N V	$3,753,000	–	34,161	–	3.22%	–
EPD	New	ENTERPRISE PRODS PARTNERS L P	$3,443,000	–	124,446	–	2.95%	–
VZ	New	VERIZON COMMUNICATIONS INC COM	$3,437,000	–	68,322	–	2.95%	–
PFE	New	PFIZER INC COM	$3,416,000	–	94,152	–	2.93%	–
TD	New	TORONTO DOMINION BK ONT COM NE	$3,382,000	–	58,443	–	2.90%	–
KLAC	New	KLA-TENCOR CORP COM	$3,332,000	–	32,495	–	2.86%	–
VOD	New	VODAFONE GROUP PLC NEW SPONSORadr	$3,183,000	–	130,946	–	2.73%	–
HBAN	New	HUNTINGTON BANCSHARES INC COM	$3,124,000	–	211,633	–	2.68%	–
ETN	New	EATON CORP PLC SHS	$3,114,000	–	41,660	–	2.67%	–
MPLX	New	MPLX LP COM UNIT REP LTD	$3,076,000	–	90,105	–	2.64%	–
CY	New	CYPRESS SEMICONDUCTOR CORP COM	$3,010,000	–	193,184	–	2.58%	–
CNP	New	CENTERPOINT ENERGY INC COM	$2,964,000	–	106,961	–	2.54%	–
TTE	New	TOTAL S A SPONSORED ADRadr	$2,955,000	–	48,802	–	2.53%	–
CME	New	CME GROUP INC COM CL A	$2,927,000	–	17,854	–	2.51%	–
SABR	New	SABRE CORP COM	$2,816,000	–	114,268	–	2.42%	–
WDC	New	WESTERN DIGITAL CORP COM	$2,672,000	–	34,518	–	2.29%	–
HSBC	New	HSBC HLDGS PLC SPON ADR NEWadr	$2,609,000	–	55,348	–	2.24%	–
CCI	New	CROWN CASTLE INTL CORP NEW COM	$2,592,000	–	24,039	–	2.22%	–
CAJ	New	CANON INC SPONSORED ADRadr	$2,541,000	–	77,726	–	2.18%	–
LAMR	New	LAMAR ADVERTISING CO NEW CL A	$2,521,000	–	36,899	–	2.16%	–
TXN	New	TEXAS INSTRS INC COM	$2,520,000	–	22,854	–	2.16%	–
SIX	New	SIX FLAGS ENTMT CORP NEW COM	$2,501,000	–	35,709	–	2.14%	–
GPS	New	GAP INC DEL COM	$2,491,000	–	76,893	–	2.14%	–
HPQ	New	HP INC COM	$2,460,000	–	108,435	–	2.11%	–
TSM	New	TAIWAN SEMICONDUCTOR MFG LTD Sadr	$2,389,000	–	65,347	–	2.05%	–
TGT	New	TARGET CORP COM	$2,383,000	–	31,305	–	2.04%	–
FNF	New	FIDELITY NATIONAL FINANCIAL IN	$2,172,000	–	57,729	–	1.86%	–
NOK	New	NOKIA CORP SPONSORED ADRadr	$2,150,000	–	373,940	–	1.84%	–
IP	New	INTL PAPER CO COM	$2,145,000	–	41,184	–	1.84%	–
QCOM	New	QUALCOMM INC COM	$2,107,000	–	37,543	–	1.81%	–
CSCO	New	CISCO SYS INC COM	$2,100,000	–	48,802	–	1.80%	–
AES	New	AES CORP COM	$2,062,000	–	153,779	–	1.77%	–
AEG	New	AEGON N V NY REGISTRY SH	$2,013,000	–	340,065	–	1.73%	–
OXY	New	OCCIDENTAL PETE CORP DEL COM	$1,999,000	–	23,887	–	1.71%	–
CCL	New	CARNIVAL CORP PAIRED CTF	$1,937,000	–	33,804	–	1.66%	–
WMB	New	WILLIAMS COS INC DEL COM	$1,928,000	–	71,121	–	1.65%	–
ORI	New	OLD REP INTL CORP COM	$1,770,000	–	88,914	–	1.52%	–
SYY	New	SYSCO CORP COM	$1,756,000	–	25,710	–	1.51%	–
BCE	New	BCE INC COM NEW	$1,619,000	–	39,994	–	1.39%	–
DLR	New	DIGITAL RLTY TR INC COM	$1,248,000	–	11,189	–	1.07%	–
UPS	New	UNITED PARCEL SERVICE INC CL B	$1,132,000	–	10,657	–	0.97%	–
UMPQ	New	UMPQUA HLDGS CORP COM	$1,068,000	–	47,286	–	0.92%	–
ET	New	ENERGY TRANSFER EQUITY L P COM	$463,000	–	26,831	–	0.40%	–
EQT	New	EQT CORP COM	$376,000	–	6,806	–	0.32%	–
EOG	New	EOG RES INC COM	$356,000	–	2,861	–	0.30%	–
APC	New	ANADARKO PETE CORP COM	$351,000	–	4,795	–	0.30%	–
PBA	New	PEMBINA PIPELINE CORP COM	$306,000	–	8,837	–	0.26%	–
PXD	New	PIONEER NAT RES CO COM	$306,000	–	1,616	–	0.26%	–
MMP	New	MAGELLAN MIDSTREAM PRTNRS LP C	$300,000	–	4,346	–	0.26%	–
ENB	New	ENBRIDGE INC COM	$298,000	–	8,343	–	0.26%	–
EGN	New	ENERGEN CORP COM	$298,000	–	4,097	–	0.26%	–
KMI	New	KINDER MORGAN INC DEL COM	$284,000	–	16,047	–	0.24%	–
WGP	New	WESTERN GAS EQUITY PARTNERS LP	$279,000	–	7,793	–	0.24%	–
PWR	New	QUANTA SVCS INC COM	$257,000	–	7,708	–	0.22%	–
SPH	New	SUBURBAN PROPANE PARTNERS L P	$251,000	–	10,705	–	0.22%	–
ANDV	New	ANDEAVOR COM	$250,000	–	1,907	–	0.21%	–
MRC	New	MRC GLOBAL INC COM	$219,000	–	10,128	–	0.19%	–
CF	New	CF INDS HLDGS INC COM	$209,000	–	4,707	–	0.18%	–
PAGP	New	PLAINS GP HLDGS L P LTD PARTNR	$208,000	–	8,680	–	0.18%	–
OGS	New	ONE GAS INC COM	$206,000	–	2,760	–	0.18%	–
CPE	New	CALLON PETE CO DEL COM	$194,000	–	18,053	–	0.17%	–
DWDP	New	DOWDUPONT INC COM	$185,000	–	2,800	–	0.16%	–
BKR	New	BAKER HUGHES A GE CO CL A	$183,000	–	5,540	–	0.16%	–
UGI	New	UGI CORP NEW COM	$183,000	–	3,519	–	0.16%	–
FANG	New	DIAMONDBACK ENERGY INC COM	$167,000	–	1,270	–	0.14%	–
PE	New	PARSLEY ENERGY INC CL A	$163,000	–	5,378	–	0.14%	–
HAL	New	HALLIBURTON CO COM	$161,000	–	3,570	–	0.14%	–
OGE	New	OGE ENERGY CORP COM	$158,000	–	4,501	–	0.14%	–
SRE	New	SEMPRA ENERGY COM	$147,000	–	1,264	–	0.13%	–
CMI	New	CUMMINS INC COM	$147,000	–	1,106	–	0.13%	–
LNG	New	CHENIERE ENERGY INC COM NEW	$145,000	–	2,218	–	0.12%	–
D	New	DOMINION ENERGY INC COM	$119,000	–	1,751	–	0.10%	–
TRGP	New	TARGA RES CORP COM	$14,000	–	285	–	0.01%	–
AGR	New	AVANGRID INC COM	$13,000	–	239	–	0.01%	–
EIX	New	EDISON INTL COM	$12,000	–	182	–	0.01%	–
MDU	New	MDU RES GROUP INC COM	$12,000	–	427	–	0.01%	–
NGG	New	NATIONAL GRID PLC SPONSORED ADadr	$10,000	–	178	–	0.01%	–
ABB	New	ABB LTD SPONSORED ADRadr	$11,000	–	498	–	0.01%	–
FTS	New	FORTIS INC COM	$11,000	–	338	–	0.01%	–
FDX	New	FEDEX CORP COM	$11,000	–	47	–	0.01%	–
T	New	AT&T INC COM	$10,000	–	316	–	0.01%	–
AKAM	New	AKAMAI TECHNOLOGIES INC	$9,000	–	118	–	0.01%	–
AMT	New	AMERICAN TOWER CORP NEW COM	$9,000	–	62	–	0.01%	–
ZAYO	New	ZAYO GROUP HLDGS INC COM	$7,000	–	193	–	0.01%	–
VEOEY	New	VEOLIA ENVIRONNEMENT SPONSOREDadr	$7,000	–	327	–	0.01%	–
MPC	New	MARATHON PETE CORP COM	$6,000	–	80	–	0.01%	–
GLW	New	CORNING INC COM	$6,000	–	210	–	0.01%	–
NEP	New	NEXTERA ENERGY PARTNERS LP COM	$6,000	–	135	–	0.01%	–
LUV	New	SOUTHWEST AIRLS CO COM	$6,000	–	114	–	0.01%	–
WTR	New	AQUA AMERICA INC COM	$6,000	–	175	–	0.01%	–
BTTGY	New	BT GROUP PLC ADRadr	$5,000	–	335	–	0.00%	–
LUMN	New	CENTURYLINK INC COM	$5,000	–	262	–	0.00%	–
MCHP	New	MICROCHIP TECHNOLOGY INC COM	$4,000	–	39	–	0.00%	–

Compare quarters

Export MHI Funds, LLC's holdings