ALERUS FINANCIAL NA Activity Q4 1999-Q3 2023

Q3 2023

			Value		Shares		↓ Weighting
VOO	Buy	VANGUARD INDEX FDSs&p 500 eft sh	$118,648,808	-3.0%	302,136	+0.5%	10.51%	+1.4%
	Sell	DIMENSIONAL ETF TRUSTworld ex us core	$93,519,032	-7.2%	4,152,709	-4.0%	8.28%	-3.0%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$69,883,474	+2.5%	743,125	+6.7%	6.19%	+7.2%
IXUS	Buy	ISHARES TRUSTcore msci total	$62,258,882	+1.9%	1,037,821	+6.4%	5.51%	+6.6%
AAPL	Buy	APPLE COMPUTER	$47,096,136	+39.9%	275,078	+58.5%	4.17%	+46.4%
MSFT	Sell	MICROSOFT INC	$46,350,652	-10.4%	146,795	-3.4%	4.10%	-6.3%
ALRS	Sell	ALERUS FINANCIAL CORP	$40,885,712	-2.9%	2,248,939	-3.9%	3.62%	+1.6%
VCLT	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$27,919,624	-7.8%	389,830	+1.1%	2.47%	-3.6%
IWR	Buy	ISHARES RUSSELL MIDCAPx fdetf	$26,694,272	+33.6%	385,476	+40.8%	2.36%	+39.7%
NVDA	Buy	NIVIDIA CORP	$20,004,855	+24.7%	45,989	+21.3%	1.77%	+30.5%
GOOGL	Buy	ALPHABET INC	$19,053,089	+72.9%	145,599	+58.2%	1.69%	+80.8%
XOM	Sell	EXXON MOBIL CORP COM	$18,179,399	+9.5%	154,613	-0.1%	1.61%	+14.6%
CVX	Buy	CHEVRON TEXACO	$16,216,699	+89.6%	96,173	+76.9%	1.44%	+98.3%
JPM	Buy	JP MORGAN CHASE & CO	$14,281,081	+53.1%	98,477	+53.6%	1.26%	+60.1%
XLE	Buy	SELECT SECTOR SPDR ETFenergy	$13,905,691	+696.9%	153,841	+615.6%	1.23%	+731.8%
AMZN	Buy	AMAZON.COM INC	$13,129,963	+836.5%	103,288	+860.4%	1.16%	+877.3%
BRKB	Sell	BERKSHIRE HATHAWAYcl b new	$12,504,692	-9.6%	35,697	-12.0%	1.11%	-5.5%
WMT	Sell	WALMART INC	$12,432,974	-2.8%	77,740	-4.5%	1.10%	+1.7%
ABC	Buy	CENCORA INC	$12,157,164	+84.9%	67,551	+97.7%	1.08%	+93.4%
V	Sell	VISA INC	$11,893,035	-6.7%	51,707	-3.7%	1.05%	-2.4%
ORCL	Sell	ORACLE CORP	$11,631,714	-24.0%	109,816	-14.5%	1.03%	-20.5%
ABT	Buy	ABBOTT LABORATORIES	$11,404,508	+2171.6%	117,754	+2457.1%	1.01%	+2248.8%
ETN	Sell	EATON CORP PLC	$10,940,199	+3.1%	51,295	-2.8%	0.97%	+7.9%
TTWO	Sell	TAKE-2 INTERACTIVE SOFTWAR	$10,157,359	-15.5%	72,351	-11.4%	0.90%	-11.7%
XLY	Sell	SELECT SECTOR SPDR TRsbi cons discr	$9,605,837	-18.2%	59,671	-13.7%	0.85%	-14.4%
LLY	Sell	LILLY ELI & CO	$9,448,122	-10.3%	17,590	-21.7%	0.84%	-6.1%
TSLA	Buy	TESLA INC	$9,071,734	+67.3%	36,255	+75.0%	0.80%	+74.9%
BABA	Buy	ALIBABA GROUP HLDG LTDsponsored adr	$8,957,310	+5.8%	103,266	+1.6%	0.79%	+10.6%
HEI	Buy	HEICO CORP NEW	$7,996,753	-7.8%	49,384	+0.7%	0.71%	-3.5%
ZTS	New	ZOETIS INCcla	$7,977,049	–	45,850	–	0.71%	–
AVGO	Sell	BROADCOM INC	$7,897,157	-33.4%	9,508	-30.5%	0.70%	-30.4%
WFC	Sell	WELLS FARGO & CO NEW CO	$7,785,012	-9.3%	190,529	-5.2%	0.69%	-5.1%
IBM	Sell	IBM	$7,600,344	-1.0%	54,172	-5.6%	0.67%	+3.5%
UL	Buy	UNILEVER PLC ADRspon adr new	$7,475,754	+2.2%	151,331	+7.8%	0.66%	+6.8%
WCC	Buy	WESCO INTL INC	$7,373,369	-15.5%	51,268	+5.2%	0.65%	-11.5%
PH	New	PARKER HANNIFEN CORPORATION	$7,344,435	–	18,855	–	0.65%	–
MET	Sell	METLIFE INC	$7,263,842	+8.5%	115,464	-2.5%	0.64%	+13.4%
FITB	Sell	FIFTH THIRD BANCORP	$7,218,339	-44.9%	284,972	-43.0%	0.64%	-42.4%
CDNS	Sell	CADENCE DESIGN SYSTEM INC	$7,110,566	-1.7%	30,348	-1.6%	0.63%	+2.9%
ABBV	Sell	ABBVIE INC	$6,908,186	+8.6%	46,345	-1.8%	0.61%	+13.5%
ICE	Buy	INTERCONTINENTAL EXCHAN	$6,898,561	-1.1%	62,703	+1.6%	0.61%	+3.4%
TLT	Buy	ISHARES TR20 yr tr bd etf	$6,872,145	-4.4%	77,485	+10.9%	0.61%	0.0%
FB	Buy	META PLATFORMS INCcl a	$6,880,806	+531.3%	22,920	+503.5%	0.61%	+562.0%
MRK	Sell	MERCK & CO INC	$6,864,923	-18.0%	66,682	-8.1%	0.61%	-14.2%
XLB	New	SELECT SECTOR SPDR EFTsbi materials	$6,787,675	–	86,412	–	0.60%	–
PPH	Buy	VANECK ETF TRUSTpharmaceutcl etf	$6,725,333	+26.1%	84,214	+24.4%	0.60%	+32.2%
INTC	Sell	INTEL INC	$6,714,264	-0.9%	188,868	-6.8%	0.60%	+3.7%
T	Buy	AT&T INC	$6,116,719	-4.3%	407,238	+1.7%	0.54%	+0.2%
BBY	Sell	BEST BUY INC	$5,999,707	-17.6%	86,364	-2.7%	0.53%	-13.8%
HAS	Sell	HASBRO INC	$5,983,157	-3.9%	90,462	-5.9%	0.53%	+0.6%
XLI	Buy	SELECT SECTOR SPDR TRsbi int-inds	$5,916,543	+33.8%	58,360	+41.7%	0.52%	+40.1%
PLD	Buy	PROLOGIS INC	$5,898,979	-1.4%	52,571	+7.7%	0.52%	+3.0%
SO	Sell	SOUTHERN COMPANY	$5,794,055	-12.3%	89,525	-4.8%	0.51%	-8.2%
QSR	Sell	RESTURANT BRANDS INTERNATIONAL INC	$5,739,318	-24.0%	86,150	-11.6%	0.51%	-20.5%
DOW	New	DOW INC	$5,615,752	–	108,917	–	0.50%	–
UNP	Sell	UNION PAC CORP	$5,578,042	-3.0%	27,393	-2.6%	0.49%	+1.4%
STX	Buy	SEAGATE TECHNOLOGY HOLDINGS PL	$5,517,051	+10.5%	83,655	+3.7%	0.49%	+15.6%
TMO	Sell	THERMO FISHER SCIENTIFIC	$5,204,447	-9.5%	10,282	-6.8%	0.46%	-5.3%
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$5,050,516	+130.7%	73,398	+148.6%	0.45%	+141.6%
VZ	Buy	VERIZON COMMUNICATION	$5,005,535	+0.6%	154,444	+15.4%	0.44%	+5.2%
OMC	Sell	OMNICOM GROUP INC	$4,842,463	-30.6%	65,017	-11.3%	0.43%	-27.4%
WDC	Sell	WESTERN DIGITAL CORPORATION DEL	$4,790,099	+3.3%	104,977	-14.2%	0.42%	+7.9%
IQV	Sell	IQVIA HOLDINGS INC	$4,781,857	-14.6%	24,304	-2.5%	0.42%	-10.8%
MDT	Sell	MEDTRONIC HLDG PLC	$4,728,085	-17.1%	60,338	-6.7%	0.42%	-13.3%
DLTR	Sell	DOLLAR TREE INC	$4,330,182	-57.6%	40,678	-42.9%	0.38%	-55.7%
MMC	Sell	MARSH & MCLENNAN COS INC	$4,286,711	-3.2%	22,526	-4.3%	0.38%	+1.3%
CLX	Buy	CLOROX CO DEL	$4,227,605	+30.5%	32,257	+58.4%	0.37%	+36.5%
NKE	Sell	NIKE INCcl b	$4,194,091	-15.4%	43,862	-2.4%	0.37%	-11.7%
WSO	Buy	WATSCO INC	$4,113,745	+8.9%	10,891	+9.9%	0.36%	+13.8%
XBI	Buy	SPDR SER TRs&p biotech	$3,990,914	-11.7%	54,655	+0.6%	0.35%	-7.8%
MNST	New	MONSTER BEVERAGE	$3,979,783	–	75,161	–	0.35%	–
ATR	New	APTARGROUP INC	$3,854,113	–	30,823	–	0.34%	–
SPGI	Sell	S&P GLOBAL INC	$3,746,550	-47.8%	10,253	-42.8%	0.33%	-45.4%
MMM	New	3M COMPANY	$3,707,080	–	39,597	–	0.33%	–
	New	KENVUE INC	$3,553,492	–	176,967	–	0.32%	–
	Sell	CANADIAN PACIFIC KANSAS CITY	$3,473,010	-8.9%	46,674	-1.2%	0.31%	-4.6%
ULTA	Sell	ULTA BEAUTY INC	$3,453,255	-15.1%	8,645	-0.0%	0.31%	-11.0%
ATVI	Sell	ACTIVISION BLIZZARD INC	$3,431,356	-64.3%	36,648	-67.9%	0.30%	-62.7%
AIZ	New	ASSURANT INC	$3,294,728	–	22,947	–	0.29%	–
SHOP	Sell	SHOPIFY INCcl a	$3,203,092	-18.2%	58,697	-3.2%	0.28%	-14.5%
AJG	Sell	GALLAGHER ARTHUR J & CO	$3,001,391	-9.9%	13,168	-13.2%	0.27%	-5.7%
RF	New	REGIONS FINANCIAL CORP NEW	$2,689,507	–	156,366	–	0.24%	–
XEL	Sell	XCEL ENERGY INC	$2,609,113	-21.3%	45,598	-14.5%	0.23%	-17.8%
UNH	Sell	UNITEDHEALTH GROUP INC	$2,487,174	-13.2%	4,933	-17.2%	0.22%	-9.5%
VICI	Sell	VICI PPTYS INC	$2,294,140	-59.0%	78,836	-55.7%	0.20%	-57.2%
IVV	Buy	ISHARES TRUSTcore s&p500 etf	$2,135,125	-0.4%	4,972	+3.3%	0.19%	+3.8%
NFLX	Buy	NETFLIX INC	$1,952,945	+259.6%	5,172	+319.5%	0.17%	+276.1%
HD	Sell	HOME DEPOT INC	$1,920,527	-2.9%	6,356	-0.2%	0.17%	+1.8%
ACN	Sell	ACCENTURE PLC IRELAND	$1,325,792	-0.8%	4,317	-0.3%	0.12%	+3.5%
ISRG	Sell	INTUITIVE SURGICAL INC	$1,309,752	-17.9%	4,481	-4.0%	0.12%	-14.1%
OKTA	Sell	OKTA INCORPORATIONcl a	$1,270,904	+15.8%	15,592	-1.4%	0.11%	+21.5%
KO	Sell	COCA COLA COMPANY	$1,251,152	-8.1%	22,350	-1.1%	0.11%	-3.5%
DE	Sell	DEERE & CO	$1,012,135	-10.8%	2,682	-4.2%	0.09%	-6.2%
SPY	Sell	SPDR S &P 500 ETF TRtr unit	$833,160	-16.3%	1,949	-13.2%	0.07%	-11.9%
LNG	Sell	CHENIERE ENERGY INC	$735,369	+0.6%	4,431	-7.7%	0.06%	+4.8%
DHR	Sell	DANAHER CORPORATION	$721,723	-8.1%	2,909	-11.1%	0.06%	-4.5%
BUD	Sell	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$677,923	-4.2%	12,259	-1.7%	0.06%	0.0%
JNJ	Buy	JOHNSON AND JOHNSON	$669,573	-4.3%	4,299	+1.7%	0.06%	0.0%
COST	Sell	COSTCO WHSL CORP	$643,489	+2.4%	1,139	-2.4%	0.06%	+7.5%
AXP	Sell	AMERICAN EXPRESS CO	$542,011	-15.3%	3,633	-1.1%	0.05%	-11.1%
BX	Sell	BLACKSTONE GROUP INC	$500,665	+11.9%	4,673	-2.9%	0.04%	+15.8%
TXN	Sell	TEXAS INSTRUMENTS INC	$486,569	-11.9%	3,060	-0.2%	0.04%	-8.5%
BHP	Sell	BHP BILLITON LTDsponsored adr	$488,937	-97.0%	8,596	-96.9%	0.04%	-96.9%
FCX	Sell	FREEPORT-MCMORAN COPPER & GOLDcl b	$446,283	-39.4%	11,968	-35.0%	0.04%	-35.5%
	Sell	LINDE PLC	$439,001	-5.5%	1,179	-3.3%	0.04%	0.0%
PG	Sell	PROCTER AND GAMBLE COMP	$430,288	-6.0%	2,950	-2.3%	0.04%	-2.6%
CSCO	Sell	CISCO SYSTEMS	$411,640	+1.9%	7,657	-1.9%	0.04%	+5.9%
CB	Sell	CHUBB LIMITED	$408,450	+1.0%	1,962	-6.6%	0.04%	+5.9%
AMD	Sell	ADVANCED MIRCO DEVICES INC	$390,922	-16.8%	3,802	-7.9%	0.04%	-12.5%
NSC	Sell	NORFOLK SOUTHERN CORP	$376,139	-13.6%	1,910	-0.5%	0.03%	-10.8%
ANTM	Sell	ANTHEM INC	$368,800	-94.8%	847	-94.7%	0.03%	-94.5%
DVY	Sell	ISHARES TRUSTdj sel div inx	$360,379	-8.3%	3,348	-3.4%	0.03%	-3.0%
ADBE	Buy	ADOBE SYSTEMS INC	$344,694	+5.2%	676	+0.9%	0.03%	+10.7%
BAC	Sell	BANK OF AMERICA	$348,355	-9.1%	12,723	-4.7%	0.03%	-3.1%
XLK	Sell	SELECT SECTOR SPDR ETFtechnology	$325,729	-98.4%	1,987	-98.3%	0.03%	-98.4%
EMR	Sell	EMERSON ELECTIC CO	$322,545	-24.7%	3,340	-29.6%	0.03%	-19.4%
QCOM	Sell	QUALCOMM INC	$318,187	-11.8%	2,865	-5.5%	0.03%	-9.7%
BND	Sell	VANGUARD BD INDEX FDStotal bnd mrkt	$288,052	-5.1%	4,128	-1.2%	0.03%	0.0%
MS	Sell	MORGAN STANLEY	$293,521	-4.6%	3,594	-0.3%	0.03%	0.0%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$279,316	-97.1%	3,881	-96.0%	0.02%	-96.9%
OTTR	Sell	OTTER TAIL CORP	$278,627	-10.2%	3,670	-6.6%	0.02%	-3.8%
PRU	Sell	PRUDENTIAL FINANCIAL IN	$270,056	+7.3%	2,846	-0.3%	0.02%	+14.3%
CAT	Sell	CATERPILLAR INC	$254,709	-1.3%	933	-11.1%	0.02%	+4.5%
PFE	Sell	PFIZER INC	$263,204	-12.8%	7,935	-3.6%	0.02%	-11.5%
BURL	Sell	BURLINGTON STORES INC	$235,018	-15.7%	1,737	-1.9%	0.02%	-12.5%
MA	Sell	MASTERCARD INCORPORATED	$235,962	-8.7%	596	-9.3%	0.02%	-4.5%
MCD	Sell	MCDONALDS CORP	$226,031	-12.0%	858	-0.3%	0.02%	-9.1%
COP	New	CONOCOPHILLIPS	$215,880	–	1,802	–	0.02%	–
EL	Sell	LAUDER ESTEE COS INCcl a	$216,538	-95.4%	1,498	-93.7%	0.02%	-95.2%
ODFL	Sell	OLD DOMINION FREIGHT LINE INC	$204,981	-1.4%	501	-10.9%	0.02%	0.0%
SYK	Sell	STRYKER CORPORATION	$201,674	-10.7%	738	-0.3%	0.02%	-5.3%
SNAP	Sell	SNAP INCcl a	$155,606	-36.9%	17,464	-16.2%	0.01%	-33.3%
SYY	Exit	SYSCO CORPORATION	$0	–	-2,794	–	-0.02%	–
FTV	Exit	FORTIVE CORP	$0	–	-2,782	–	-0.02%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-1,394	–	-0.02%	–
TGT	Exit	TARGET CORP	$0	–	-2,449	–	-0.03%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-886	–	-0.04%	–
XLU	Exit	SELECT SECTOR SPDR ETFsbi int-utils	$0	–	-33,649	–	-0.19%	–
	Exit	GE HEALTHCARE TECHNOLOGIES I	$0	–	-47,328	–	-0.33%	–
PXD	Exit	PIONEER NAT RES CO	$0	–	-19,061	–	-0.33%	–
CVS	Exit	CVS CORP	$0	–	-66,225	–	-0.39%	–
PZZA	Exit	PAPA JOHNS INTL INC	$0	–	-70,505	–	-0.44%	–
HUM	Exit	HUMANA INC	$0	–	-12,494	–	-0.47%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-55,622	–	-0.61%	–
AAP	Exit	ADVANCE AUTO PARTS INC	$0	–	-118,146	–	-0.70%	–
RIO	Exit	RIO TINTO PLCsponsored adr	$0	–	-133,000	–	-0.72%	–
	Exit	ENOVIS CORPORATION	$0	–	-137,531	–	-0.75%	–
CMS	Exit	CMS ENERGY CORP	$0	–	-232,411	–	-1.16%	–

Q2 2023

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$122,381,125	–	300,484	–	10.36%	–
	New	DIMENSIONAL ETF TRUSTworld ex us core	$100,820,120	–	4,325,187	–	8.54%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$68,190,049	–	696,172	–	5.77%	–
IXUS	New	ISHARES TRUSTcore msci total	$61,081,990	–	975,439	–	5.17%	–
MSFT	New	MICROSOFT INC	$51,723,623	–	151,887	–	4.38%	–
ALRS	New	ALERUS FINANCIAL CORP	$42,090,285	–	2,340,950	–	3.56%	–
AAPL	New	APPLE COMPUTER	$33,658,689	–	173,525	–	2.85%	–
VCLT	New	VANGUARD SCOTTSDALE FDSshort term treas	$30,279,008	–	385,769	–	2.56%	–
XLK	New	SELECT SECTOR SPDR ETFtechnology	$20,804,785	–	119,664	–	1.76%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$19,987,871	–	273,694	–	1.69%	–
XOM	New	EXXON MOBIL CORP COM	$16,596,757	–	154,747	–	1.40%	–
BHP	New	BHP BILLITON LTDsponsored adr	$16,438,839	–	275,496	–	1.39%	–
NVDA	New	NIVIDIA CORP	$16,042,171	–	37,923	–	1.36%	–
ORCL	New	ORACLE CORP	$15,298,786	–	128,464	–	1.30%	–
BRKB	New	BERKSHIRE HATHAWAYcl b new	$13,838,121	–	40,581	–	1.17%	–
CMS	New	CMS ENERGY CORP	$13,654,280	–	232,411	–	1.16%	–
FITB	New	FIFTH THIRD BANCORP	$13,107,100	–	500,080	–	1.11%	–
WMT	New	WALMART INC	$12,788,485	–	81,362	–	1.08%	–
V	New	VISA INC	$12,746,962	–	53,676	–	1.08%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$12,019,864	–	81,679	–	1.02%	–
AVGO	New	BROADCOM INC	$11,859,494	–	13,672	–	1.00%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$11,744,411	–	69,162	–	0.99%	–
GLD	New	SPDR GOLD TRUST	$11,036,339	–	61,908	–	0.93%	–
GOOGL	New	ALPHABET INC	$11,018,420	–	92,050	–	0.93%	–
ETN	New	EATON CORP PLC	$10,612,290	–	52,771	–	0.90%	–
LLY	New	LILLY ELI & CO	$10,529,567	–	22,452	–	0.89%	–
DLTR	New	DOLLAR TREE INC	$10,221,291	–	71,227	–	0.86%	–
ATVI	New	ACTIVISION BLIZZARD INC	$9,617,502	–	114,086	–	0.81%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$9,596,933	–	97,968	–	0.81%	–
JPM	New	JP MORGAN CHASE & CO	$9,327,502	–	64,133	–	0.79%	–
	New	ENOVIS CORPORATION	$8,818,483	–	137,531	–	0.75%	–
WCC	New	WESCO INTL INC	$8,722,901	–	48,715	–	0.74%	–
HEI	New	HEICO CORP NEW	$8,675,035	–	49,028	–	0.73%	–
WFC	New	WELLS FARGO & CO NEW CO	$8,578,855	–	201,004	–	0.73%	–
CVX	New	CHEVRON TEXACO	$8,554,664	–	54,367	–	0.72%	–
RIO	New	RIO TINTO PLCsponsored adr	$8,490,722	–	133,000	–	0.72%	–
BABA	New	ALIBABA GROUP HLDG LTDsponsored adr	$8,469,631	–	101,615	–	0.72%	–
MRK	New	MERCK & CO INC	$8,374,432	–	72,575	–	0.71%	–
AAP	New	ADVANCE AUTO PARTS INC	$8,305,697	–	118,146	–	0.70%	–
IBM	New	IBM	$7,680,297	–	57,397	–	0.65%	–
QSR	New	RESTURANT BRANDS INTERNATIONAL INC	$7,551,681	–	97,416	–	0.64%	–
UL	New	UNILEVER PLC ADRspon adr new	$7,318,265	–	140,385	–	0.62%	–
BBY	New	BEST BUY INC	$7,277,576	–	88,805	–	0.62%	–
CDNS	New	CADENCE DESIGN SYSTEM INC	$7,234,238	–	30,847	–	0.61%	–
EA	New	ELECTRONIC ARTS INC DEL	$7,214,211	–	55,622	–	0.61%	–
TLT	New	ISHARES TR20 yr tr bd etf	$7,191,491	–	69,861	–	0.61%	–
SPGI	New	S&P GLOBAL INC	$7,183,155	–	17,918	–	0.61%	–
ANTM	New	ELEVANCE HEALTH INC	$7,093,974	–	15,967	–	0.60%	–
OMC	New	OMNICOM GROUP INC	$6,977,928	–	73,336	–	0.59%	–
ICE	New	INTERCONTINENTAL EXCHAN	$6,977,727	–	61,706	–	0.59%	–
INTC	New	INTEL INC	$6,776,716	–	202,653	–	0.57%	–
MET	New	METLIFE INC	$6,692,926	–	118,396	–	0.57%	–
SO	New	SOUTHERN COMPANY	$6,603,824	–	94,004	–	0.56%	–
ABC	New	AMERISOURCEBERGEN CORP	$6,574,758	–	34,167	–	0.56%	–
T	New	AT&T INC	$6,388,637	–	400,541	–	0.54%	–
ABBV	New	ABBVIE INC	$6,361,409	–	47,216	–	0.54%	–
HAS	New	HASBRO INC	$6,228,341	–	96,161	–	0.53%	–
PLD	New	PROLOGIS INC	$5,985,437	–	48,809	–	0.51%	–
TMO	New	THERMO FISHER SCIENTIFIC	$5,753,907	–	11,028	–	0.49%	–
UNP	New	UNION PAC CORP	$5,752,695	–	28,114	–	0.49%	–
MDT	New	MEDTRONIC HLDG PLC	$5,700,422	–	64,704	–	0.48%	–
IQV	New	IQVIA HOLDINGS INC	$5,600,824	–	24,918	–	0.47%	–
VICI	New	VICI PPTYS INC	$5,599,110	–	178,145	–	0.47%	–
HUM	New	HUMANA INC	$5,586,450	–	12,494	–	0.47%	–
TSLA	New	TESLA INC	$5,423,352	–	20,718	–	0.46%	–
PPH	New	VANECK ETF TRUSTpharmaceutcl etf	$5,331,475	–	67,684	–	0.45%	–
PZZA	New	PAPA JOHNS INTL INC	$5,205,386	–	70,505	–	0.44%	–
STX	New	SEAGATE TECHNOLOGY HOLDINGS PL	$4,991,178	–	80,672	–	0.42%	–
VZ	New	VERIZON COMMUNICATION	$4,975,278	–	133,780	–	0.42%	–
NKE	New	NIKE INCcl b	$4,959,145	–	44,932	–	0.42%	–
EL	New	LAUDER ESTEE COS INCcl a	$4,698,005	–	23,923	–	0.40%	–
WDC	New	WESTERN DIGITAL CORPORATION DEL	$4,639,112	–	122,307	–	0.39%	–
CVS	New	CVS CORP	$4,578,133	–	66,225	–	0.39%	–
XBI	New	SPDR SER TRs&p biotech	$4,518,256	–	54,306	–	0.38%	–
MMC	New	MARSH & MCLENNAN COS INC	$4,427,583	–	23,541	–	0.38%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$4,421,581	–	41,200	–	0.37%	–
ULTA	New	ULTA BEAUTY INC	$4,068,775	–	8,646	–	0.34%	–
PXD	New	PIONEER NAT RES CO	$3,949,064	–	19,061	–	0.33%	–
SHOP	New	SHOPIFY INCcl a	$3,916,696	–	60,630	–	0.33%	–
	New	GE HEALTHCARE TECHNOLOGIES I	$3,844,925	–	47,328	–	0.33%	–
	New	CANADIAN PACIFIC KANSAS CITY	$3,814,285	–	47,224	–	0.32%	–
WSO	New	WATSCO INC	$3,778,837	–	9,906	–	0.32%	–
AJG	New	GALLAGHER ARTHUR J & CO	$3,331,110	–	15,171	–	0.28%	–
XEL	New	XCEL ENERGY INC	$3,316,018	–	53,338	–	0.28%	–
CLX	New	CLOROX CO DEL	$3,239,644	–	20,370	–	0.27%	–
UNH	New	UNITEDHEALTH GROUP INC	$2,865,099	–	5,961	–	0.24%	–
XLU	New	SELECT SECTOR SPDR ETFsbi int-utils	$2,201,980	–	33,649	–	0.19%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$2,189,430	–	29,519	–	0.18%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$2,144,311	–	4,811	–	0.18%	–
HD	New	HOME DEPOT INC	$1,978,468	–	6,369	–	0.17%	–
XLE	New	SELECT SECTOR SPDR ETFenergy	$1,744,992	–	21,498	–	0.15%	–
ISRG	New	INTUITIVE SURGICAL INC	$1,595,836	–	4,667	–	0.14%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,583,263	–	22,464	–	0.13%	–
AMZN	New	AMAZON.COM INC	$1,402,022	–	10,755	–	0.12%	–
KO	New	COCA COLA COMPANY	$1,361,331	–	22,606	–	0.12%	–
ACN	New	ACCENTURE PLC IRELAND	$1,336,155	–	4,330	–	0.11%	–
ECL	New	ECOLAB INC	$1,163,638	–	6,233	–	0.10%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$1,156,518	–	5,705	–	0.10%	–
DE	New	DEERE & CO	$1,134,126	–	2,799	–	0.10%	–
OKTA	New	OKTA INCORPORATIONcl a	$1,097,188	–	15,821	–	0.09%	–
FB	New	META PLATFORMS INCcl a	$1,089,951	–	3,798	–	0.09%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$995,608	–	2,246	–	0.08%	–
DHR	New	DANAHER CORPORATION	$785,520	–	3,273	–	0.07%	–
LNG	New	CHENIERE ENERGY INC	$731,330	–	4,800	–	0.06%	–
FCX	New	FREEPORT-MCMORAN COPPER & GOLDcl b	$736,120	–	18,403	–	0.06%	–
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$707,468	–	12,473	–	0.06%	–
JNJ	New	JOHNSON AND JOHNSON	$699,817	–	4,228	–	0.06%	–
IWM	New	ISHARES TRUSTrussell 2000	$680,914	–	3,636	–	0.06%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$645,856	–	2,470	–	0.06%	–
AXP	New	AMERICAN EXPRESS CO	$639,838	–	3,673	–	0.05%	–
COST	New	COSTCO WHSL CORP	$628,289	–	1,167	–	0.05%	–
TXN	New	TEXAS INSTRUMENTS INC	$552,119	–	3,067	–	0.05%	–
NFLX	New	NETFLIX INC	$543,123	–	1,233	–	0.05%	–
BRKA	New	BERKSHIRE HATHAWAYcl a	$517,810	–	1	–	0.04%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$508,800	–	6,784	–	0.04%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$505,673	–	5,300	–	0.04%	–
ABT	New	ABBOTT LABORATORIES	$502,039	–	4,605	–	0.04%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$489,680	–	4,914	–	0.04%	–
AMD	New	ADVANCED MIRCO DEVICES INC	$469,990	–	4,126	–	0.04%	–
PG	New	PROCTER AND GAMBLE COMP	$457,950	–	3,018	–	0.04%	–
	New	LINDE PLC	$464,536	–	1,219	–	0.04%	–
BX	New	BLACKSTONE GROUP INC	$447,375	–	4,812	–	0.04%	–
NSC	New	NORFOLK SOUTHERN CORP	$435,155	–	1,919	–	0.04%	–
EMR	New	EMERSON ELECTIC CO	$428,537	–	4,741	–	0.04%	–
CENTA	New	CENTRAL GARDEN & PET COcl a & non-vtg	$420,748	–	11,540	–	0.04%	–
LMT	New	LOCKHEED MARTIN CORP	$407,897	–	886	–	0.04%	–
CB	New	CHUBB LIMITED	$404,567	–	2,101	–	0.03%	–
CSCO	New	CISCO SYSTEMS	$403,933	–	7,807	–	0.03%	–
DVY	New	ISHARES TRUSTdj sel div inx	$392,811	–	3,467	–	0.03%	–
BAC	New	BANK OF AMERICA	$383,157	–	13,355	–	0.03%	–
QCOM	New	QUALCOMM INC	$360,930	–	3,032	–	0.03%	–
USB	New	US BANCORP DEL	$363,206	–	10,993	–	0.03%	–
ADBE	New	ADOBE SYSTEMS INC	$327,626	–	670	–	0.03%	–
TGT	New	TARGET CORP	$323,025	–	2,449	–	0.03%	–
BG	New	BUNGE LIMITED	$315,789	–	3,347	–	0.03%	–
PFE	New	PFIZER INC	$301,803	–	8,228	–	0.03%	–
BND	New	VANGUARD BD INDEX FDStotal bnd mrkt	$303,626	–	4,177	–	0.03%	–
MS	New	MORGAN STANLEY	$307,782	–	3,604	–	0.03%	–
OTTR	New	OTTER TAIL CORP	$310,313	–	3,930	–	0.03%	–
BURL	New	BURLINGTON STORES INC	$278,736	–	1,771	–	0.02%	–
PEP	New	PEPSICO INC	$268,570	–	1,450	–	0.02%	–
MCD	New	MCDONALDS CORP	$256,932	–	861	–	0.02%	–
CAT	New	CATERPILLAR INC	$258,107	–	1,049	–	0.02%	–
MA	New	MASTERCARD INCORPORATED	$258,401	–	657	–	0.02%	–
SNOW	New	SNOWFLAKE INCcl a	$245,316	–	1,394	–	0.02%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$251,778	–	2,854	–	0.02%	–
SNAP	New	SNAP INCcl a	$246,757	–	20,841	–	0.02%	–
LOW	New	LOWES COS INC	$220,509	–	977	–	0.02%	–
SYK	New	STRYKER CORPORATION	$225,766	–	740	–	0.02%	–
SYY	New	SYSCO CORPORATION	$207,314	–	2,794	–	0.02%	–
FTV	New	FORTIVE CORP	$207,936	–	2,782	–	0.02%	–
ODFL	New	OLD DOMINION FREIGHT LINE INC	$207,801	–	562	–	0.02%	–
WRAP	New	WRAP TECHNOLOGIES INC	$142,730	–	97,760	–	0.01%	–
BWEN	New	BROADWIND INC	$50,573	–	13,239	–	0.00%	–
SELB	New	SELECTA BIOSCIENCES, INC	$33,600	–	30,000	–	0.00%	–
OXSQ	New	OXFORD SQUARE CAP CORP	$26,500	–	10,000	–	0.00%	–
	New	GLUCOTRACK INC	$23,908	–	69,279	–	0.00%	–

Q4 2022

			Value		Shares		↓ Weighting
	Exit	GLUCOTRACK INC	$0	–	-11,500	–	-0.00%	–
OXSQ	Exit	OXFORD SQUARE CAP CORP	$0	–	-10,000	–	-0.00%	–
BWEN	Exit	BROADWIND INC	$0	–	-13,239	–	-0.00%	–
SELB	Exit	SELECTA BIOSCIENCES, INC	$0	–	-30,000	–	-0.01%	–
WRAP	Exit	WRAP TECHNOLOGIES INC	$0	–	-97,760	–	-0.02%	–
FTV	Exit	FORTIVE CORP	$0	–	-3,440	–	-0.02%	–
FDL	Exit	FIRST TRUST MORNINGSTAR DIVID L	$0	–	-7,000	–	-0.02%	–
PEP	Exit	PEPSICO INC	$0	–	-1,333	–	-0.02%	–
SYY	Exit	SYSCO CORPORATION	$0	–	-3,241	–	-0.02%	–
OTTR	Exit	OTTER TAIL CORP	$0	–	-3,987	–	-0.02%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-7,290	–	-0.02%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-1,077	–	-0.02%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-6,242	–	-0.02%	–
AMD	Exit	ADVANCED MIRCO DEVICES INC	$0	–	-4,160	–	-0.03%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-4,051	–	-0.03%	–
MOH	Exit	MOLINA HEALTHCARE INC	$0	–	-922	–	-0.03%	–
PM	Exit	PHILIP MORRIS	$0	–	-3,622	–	-0.03%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-1,140	–	-0.03%	–
MS	Exit	MORGAN STANLEY	$0	–	-4,380	–	-0.03%	–
LIN	Exit	LINDE PLC	$0	–	-1,279	–	-0.03%	–
NFLX	Exit	NETFLIX INC	$0	–	-1,498	–	-0.04%	–
QCOM	Exit	QUALCOMM INC	$0	–	-3,147	–	-0.04%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-8,919	–	-0.04%	–
CENTA	Exit	CENTRAL GARDEN & PET COcl a & non-vtg	$0	–	-11,540	–	-0.04%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-3,105	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAYcl a	$0	–	-1	–	-0.04%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.04%	–
ZTS	Exit	ZOETIS INCclass a	$0	–	-2,780	–	-0.04%	–
XLY	Exit	SELECT SECTOR SPDR ETFsbi cons discr	$0	–	-2,922	–	-0.04%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-1,970	–	-0.04%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-6,784	–	-0.04%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-5,048	–	-0.04%	–
BAC	Exit	BANK OF AMERICA	$0	–	-14,934	–	-0.04%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.05%	–
TXN	Exit	TEXAS INSTRUMENTS INC	$0	–	-3,480	–	-0.05%	–
BRKB	Exit	BERKSHIRE HATHAWAYcl b new	$0	–	-2,130	–	-0.06%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-2,444	–	-0.06%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-2,657	–	-0.06%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-2,937	–	-0.06%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-5,954	–	-0.06%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-4,317	–	-0.07%	–
ECL	Exit	ECOLAB INC	$0	–	-5,336	–	-0.08%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.09%	–
FB	Exit	META PLATFORMS INCcl a	$0	–	-7,141	–	-0.10%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-2,733	–	-0.10%	–
PFE	Exit	PFIZER INC	$0	–	-25,782	–	-0.11%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-12,280	–	-0.12%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-22,481	–	-0.13%	–
FCX	Exit	FREEPORT-MCMORAN COPPER & GOLDcl b	$0	–	-47,290	–	-0.13%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-8,816	–	-0.14%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-4,788	–	-0.17%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-6,928	–	-0.18%	–
HD	Exit	HOME DEPOT INC	$0	–	-6,800	–	-0.19%	–
PLD	Exit	PROLOGIS INC	$0	–	-18,652	–	-0.19%	–
KO	Exit	COCA COLA COMPANY	$0	–	-34,189	–	-0.19%	–
CE	Exit	CELANESE CORPORATION DEL	$0	–	-24,518	–	-0.22%	–
PSA	Exit	PUBLIC STORAGE INC	$0	–	-7,623	–	-0.22%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-31,178	–	-0.23%	–
HUBS	Exit	HUBSPOT INC	$0	–	-9,672	–	-0.26%	–
AAP	Exit	ADVANCE AUTO PARTS INC	$0	–	-18,092	–	-0.28%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-38,915	–	-0.28%	–
COUP	Exit	COUPA SOFTWARE INC	$0	–	-48,837	–	-0.29%	–
WDC	Exit	WESTERN DIGITAL CORPORATION DEL	$0	–	-93,419	–	-0.30%	–
TEAM	Exit	ATLASSIAN CORP PLCcl a	$0	–	-14,427	–	-0.30%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-14,258	–	-0.31%	–
ILMN	Exit	ILLUMINA INC	$0	–	-16,126	–	-0.31%	–
ODFL	Exit	OLD DOMINION FREIGHT LINE INC	$0	–	-12,578	–	-0.31%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-16,714	–	-0.31%	–
STX	Exit	SEAGATE TECHNOLOGY HOLDINGS PL	$0	–	-59,974	–	-0.32%	–
CP	Exit	CANADIAN PACIFIC RAILWAY LIMITED	$0	–	-49,278	–	-0.33%	–
ANTM	Exit	ELEVANCE HEALTH INC	$0	–	-7,724	–	-0.35%	–
SHOP	Exit	SHOPIFY INCcl a	$0	–	-132,466	–	-0.36%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-24,929	–	-0.36%	–
TGT	Exit	TARGET CORP	$0	–	-25,053	–	-0.37%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-41,459	–	-0.37%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-100,039	–	-0.38%	–
CVNA	Exit	CARVANA COcl a	$0	–	-205,022	–	-0.41%	–
VFC	Exit	V F CORP COM	$0	–	-141,355	–	-0.42%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-23,426	–	-0.42%	–
TLT	Exit	ISHARES TRUST20 yr tr bd etf	$0	–	-42,894	–	-0.44%	–
XOM	Exit	EXXON MOBIL CORP COM	$0	–	-51,311	–	-0.45%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-326,618	–	-0.45%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-30,651	–	-0.46%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-22,326	–	-0.46%	–
INTC	Exit	INTEL INC	$0	–	-181,845	–	-0.47%	–
T	Exit	AT&T INC	$0	–	-309,253	–	-0.47%	–
DE	Exit	DEERE & CO	$0	–	-14,437	–	-0.48%	–
MA	Exit	MASTERCARD INCORPORATED	$0	–	-16,987	–	-0.48%	–
ABBV	Exit	ABBVIE INC	$0	–	-36,174	–	-0.48%	–
UL	Exit	UNILEVER PLC ADRspon adr new	$0	–	-113,145	–	-0.49%	–
BLL	Exit	BALL CORPORATION	$0	–	-103,501	–	-0.50%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-79,607	–	-0.50%	–
BG	Exit	BUNGE LIMITED	$0	–	-61,213	–	-0.50%	–
CVS	Exit	CVS CORP	$0	–	-53,134	–	-0.50%	–
NVDA	Exit	NIVIDIA CORP	$0	–	-42,377	–	-0.51%	–
LNG	Exit	CHENIERE ENERGY INC	$0	–	-31,508	–	-0.52%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-64,798	–	-0.52%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-61,457	–	-0.52%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-64,181	–	-0.53%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-10,581	–	-0.53%	–
QSR	Exit	RESTURANT BRANDS INTERNATIONAL INC	$0	–	-101,054	–	-0.53%	–
IYR	Exit	ISHARES TRUSTus real est etf	$0	–	-66,683	–	-0.54%	–
BBY	Exit	BEST BUY INC	$0	–	-86,268	–	-0.54%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-59,318	–	-0.55%	–
XBI	Exit	SPDR SER TRs&p biotech	$0	–	-70,171	–	-0.55%	–
MET	Exit	METLIFE INC	$0	–	-92,017	–	-0.56%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-14,496	–	-0.56%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-87,284	–	-0.59%	–
IBM	Exit	IBM	$0	–	-50,466	–	-0.60%	–
BHP	Exit	BHP BILLITON LTDsponsored adr	$0	–	-120,651	–	-0.60%	–
USB	Exit	US BANCORP DEL	$0	–	-153,022	–	-0.61%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-24,040	–	-0.62%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-54,913	–	-0.63%	–
NOC	Exit	NORTHRUP GRUMMAN CORP	$0	–	-13,526	–	-0.63%	–
LLY	Exit	LILLY ELI & CO	$0	–	-20,144	–	-0.65%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-63,317	–	-0.66%	–
RIO	Exit	RIO TINTO PLCsponsored adr	$0	–	-121,777	–	-0.67%	–
MRK	Exit	MERCK & CO INC	$0	–	-78,757	–	-0.68%	–
AVGO	Exit	BROADCOM INC	$0	–	-15,440	–	-0.68%	–
CB	Exit	CHUBB LIMITED	$0	–	-38,166	–	-0.69%	–
ETN	Exit	EATON CORP PLC	$0	–	-56,641	–	-0.75%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-16,278	–	-0.82%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-61,858	–	-0.83%	–
OKTA	Exit	OKTA INCORPORATIONcl a	$0	–	-147,452	–	-0.83%	–
SNOW	Exit	SNOWFLAKE INCcl a	$0	–	-49,625	–	-0.84%	–
TTWO	Exit	TAKE-2 INTERACTIVE SOFTWAR	$0	–	-78,081	–	-0.85%	–
BUD	Exit	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$0	–	-192,794	–	-0.87%	–
XLI	Exit	SELECT SECTOR SPDR ETFsbi int-inds	$0	–	-105,891	–	-0.87%	–
V	Exit	VISA INC	$0	–	-51,523	–	-0.91%	–
XLV	Exit	SELECT SECTOR SPDR ETFsbi healthcare	$0	–	-76,675	–	-0.92%	–
EXPE	Exit	EXPEDIA GROUP INC	$0	–	-99,320	–	-0.92%	–
TSLA	Exit	TESLA INC	$0	–	-35,109	–	-0.93%	–
COST	Exit	COSTCO WHSL CORP	$0	–	-20,363	–	-0.96%	–
GOOGL	Exit	ALPHABET INC	$0	–	-108,108	–	-1.03%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-72,704	–	-1.12%	–
SNAP	Exit	SNAP INCcl a	$0	–	-1,161,822	–	-1.14%	–
XLF	Exit	SELECT SECTOR SPDR ETFfinancial	$0	–	-416,958	–	-1.26%	–
XLU	Exit	SELECT SECTOR SPDR ETFsbi int-utils	$0	–	-200,975	–	-1.31%	–
XLE	Exit	SELECT SECTOR SPDR ETFenergy	$0	–	-205,867	–	-1.48%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-290,275	–	-1.79%	–
MSFT	Exit	MICROSOFT INC	$0	–	-88,234	–	-2.04%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-193,887	–	-2.18%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-181,053	–	-2.49%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-386,091	–	-2.81%	–
XLK	Exit	SELECT SECTOR SPDR ETFtechnology	$0	–	-251,291	–	-2.97%	–
ALRS	Exit	ALERUS FINANCIAL CORP	$0	–	-2,269,355	–	-4.99%	–
IXUS	Exit	ISHARES TRUSTcore msci total	$0	–	-1,038,588	–	-5.26%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-664,118	–	-6.36%	–
	Exit	DIMENSIONAL ETF TRUSTworld ex us core	$0	–	-3,865,599	–	-7.26%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-299,244	–	-9.77%	–

Q3 2022

			Value		Shares		↓ Weighting
VOO	Sell	VANGUARD INDEX FDSs&p 500 eft sh	$98,242,000	-9.5%	299,244	-4.3%	9.77%	-2.6%
	Buy	DIMENSIONAL ETF TRUSTworld ex us core	$73,021,000	+18.8%	3,865,599	+34.9%	7.26%	+27.8%
AGG	Sell	ISHARES TRUSTcore totusbd etf	$63,981,000	-10.9%	664,118	-5.9%	6.36%	-4.1%
IXUS	Sell	ISHARES TRUSTcore msci total	$52,885,000	-28.2%	1,038,588	-19.6%	5.26%	-22.8%
ALRS	Sell	ALERUS FINANCIAL CORP	$50,152,000	-9.7%	2,269,355	-2.7%	4.99%	-2.8%
XLK	Buy	SELECT SECTOR SPDR ETFtechnology	$29,848,000	-3.9%	251,291	+2.8%	2.97%	+3.4%
VCLT	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$28,277,000	-1.3%	386,091	+9.3%	2.81%	+6.2%
AAPL	Sell	APPLE COMPUTER	$25,022,000	+0.1%	181,053	-1.0%	2.49%	+7.7%
AMZN	Sell	AMAZON.COM INC	$21,910,000	-4.0%	193,887	-9.8%	2.18%	+3.3%
MSFT	Buy	MICROSOFT INC	$20,550,000	-8.4%	88,234	+1.0%	2.04%	-1.4%
IWR	Sell	ISHARES RUSSELL MIDCAPx fdetf	$18,041,000	-42.8%	290,275	-40.4%	1.79%	-38.4%
XLE	Sell	SELECT SECTOR SPDR ETFenergy	$14,827,000	-8.6%	205,867	-9.2%	1.48%	-1.7%
XLU	Buy	SELECT SECTOR SPDR ETFsbi int-utils	$13,166,000	+13.2%	200,975	+21.2%	1.31%	+21.8%
XLF	Buy	SELECT SECTOR SPDR ETFfinancial	$12,659,000	+2.7%	416,958	+6.4%	1.26%	+10.4%
SNAP	Buy	SNAP INCcl a	$11,409,000	+871.8%	1,161,822	+1199.7%	1.14%	+941.3%
GLD	Buy	SPDR GOLD TRUST	$11,245,000	-8.0%	72,704	+0.2%	1.12%	-1.1%
GOOGL	Buy	ALPHABET INC	$10,340,000	-36.3%	108,108	+1350.7%	1.03%	-31.5%
COST	Buy	COSTCO WHSL CORP	$9,617,000	+2513.3%	20,363	+2551.4%	0.96%	+2714.7%
TSLA	Buy	TESLA INC	$9,313,000	+15.9%	35,109	+194.2%	0.93%	+24.6%
EXPE	Buy	EXPEDIA GROUP INC	$9,305,000	+487.4%	99,320	+494.4%	0.92%	+533.6%
XLV	Sell	SELECT SECTOR SPDR ETFsbi healthcare	$9,286,000	-47.6%	76,675	-44.5%	0.92%	-43.6%
V	Sell	VISA INC	$9,153,000	-13.0%	51,523	-3.6%	0.91%	-6.4%
XLI	Sell	SELECT SECTOR SPDR ETFsbi int-inds	$8,772,000	-30.2%	105,891	-26.4%	0.87%	-24.9%
BUD	New	ANHEUSER BUSCH INBEV SA/NVsponsored adr	$8,707,000	–	192,794	–	0.87%	–
TTWO	Buy	TAKE-2 INTERACTIVE SOFTWAR	$8,511,000	+33.6%	78,081	+50.1%	0.85%	+43.6%
SNOW	Sell	SNOWFLAKE INCcl a	$8,434,000	+16.8%	49,625	-4.5%	0.84%	+25.6%
OKTA	New	OKTA INCORPORATIONcl a	$8,386,000	–	147,452	–	0.83%	–
AXP	Buy	AMERICAN EXPRESS CO	$8,345,000	+68.1%	61,858	+72.8%	0.83%	+80.8%
UNH	Sell	UNITEDHEALTH GROUP INC	$8,221,000	-2.2%	16,278	-0.5%	0.82%	+5.3%
ETN	Buy	EATON CORP PLC	$7,554,000	+12.1%	56,641	+5.9%	0.75%	+20.5%
CB	Buy	CHUBB LIMITED	$6,942,000	+25.4%	38,166	+35.5%	0.69%	+34.8%
AVGO	Sell	BROADCOM INC	$6,855,000	-10.2%	15,440	-1.8%	0.68%	-3.4%
MRK	Buy	MERCK & CO INC	$6,783,000	-2.8%	78,757	+2.9%	0.68%	+4.7%
RIO	Buy	RIO TINTO PLCsponsored adr	$6,705,000	-4.4%	121,777	+5.9%	0.67%	+2.9%
JPM	Sell	JP MORGAN CHASE & CO	$6,616,000	-35.3%	63,317	-30.3%	0.66%	-30.4%
LLY	Buy	LILLY ELI & CO	$6,514,000	+89.4%	20,144	+89.9%	0.65%	+103.8%
NOC	Buy	NORTHRUP GRUMMAN CORP	$6,362,000	+15.3%	13,526	+17.3%	0.63%	+24.1%
EA	Buy	ELECTRONIC ARTS INC DEL	$6,354,000	+35.1%	54,913	+42.0%	0.63%	+45.3%
DHR	Buy	DANAHER CORPORATION	$6,209,000	+104.5%	24,040	+100.8%	0.62%	+119.9%
USB	Buy	US BANCORP DEL	$6,170,000	+49.1%	153,022	+70.1%	0.61%	+60.3%
BHP	Buy	BHP BILLITON LTDsponsored adr	$6,037,000	+67.6%	120,651	+88.2%	0.60%	+80.2%
IBM	Sell	IBM	$5,996,000	-16.9%	50,466	-1.2%	0.60%	-10.6%
SO	Sell	SOUTHERN COMPANY	$5,935,000	-5.2%	87,284	-0.6%	0.59%	+1.9%
LMT	Buy	LOCKHEED MARTIN CORP	$5,599,000	-8.7%	14,496	+1.6%	0.56%	-1.8%
MET	Buy	METLIFE INC	$5,593,000	+42.6%	92,017	+47.3%	0.56%	+53.2%
XBI	Buy	SPDR SER TRs&p biotech	$5,566,000	+96.0%	70,171	+83.5%	0.55%	+110.6%
DUK	Buy	DUKE ENERGY CORP NEW	$5,518,000	-12.4%	59,318	+0.9%	0.55%	-5.8%
BBY	New	BEST BUY INC	$5,464,000	–	86,268	–	0.54%	–
IYR	New	ISHARES TRUSTus real est etf	$5,429,000	–	66,683	–	0.54%	–
BX	Buy	BLACKSTONE GROUP INC	$5,372,000	+132.4%	64,181	+153.3%	0.53%	+149.5%
TMO	Buy	THERMO FISHER SCIENTIFIC	$5,367,000	+41.6%	10,581	+51.6%	0.53%	+52.6%
QSR	Sell	RESTURANT BRANDS INTERNATIONAL INC	$5,374,000	+0.5%	101,054	-5.2%	0.53%	+8.1%
PRU	Buy	PRUDENTIAL FINANCIAL IN	$5,272,000	-8.5%	61,457	+2.0%	0.52%	-1.7%
LNG	Sell	CHENIERE ENERGY INC	$5,227,000	+15.8%	31,508	-7.1%	0.52%	+24.7%
MDT	Sell	MEDTRONIC HLDG PLC	$5,232,000	-10.0%	64,798	-0.0%	0.52%	-3.3%
NVDA	Buy	NIVIDIA CORP	$5,144,000	-12.1%	42,377	+9.8%	0.51%	-5.4%
CVS	Buy	CVS CORP	$5,067,000	+56.5%	53,134	+52.1%	0.50%	+68.6%
BG	Buy	BUNGE LIMITED	$5,054,000	+72.6%	61,213	+89.6%	0.50%	+85.6%
OMC	Sell	OMNICOM GROUP INC	$5,022,000	-1.1%	79,607	-0.3%	0.50%	+6.2%
BLL	New	BALL CORPORATION	$5,001,000	–	103,501	–	0.50%	–
UL	New	UNILEVER PLC ADRspon adr new	$4,960,000	–	113,145	–	0.49%	–
ABBV	Sell	ABBVIE INC	$4,855,000	-14.3%	36,174	-2.2%	0.48%	-7.8%
MA	Sell	MASTERCARD INCORPORATED	$4,830,000	-43.7%	16,987	-37.6%	0.48%	-39.5%
DE	Buy	DEERE & CO	$4,820,000	+34.8%	14,437	+20.9%	0.48%	+44.7%
T	Buy	AT&T INC	$4,744,000	-26.7%	309,253	+0.2%	0.47%	-21.1%
INTC	Buy	INTEL INC	$4,686,000	+1270.2%	181,845	+1891.3%	0.47%	+1356.2%
ALGN	New	ALIGN TECHNOLOGY INC	$4,624,000	–	22,326	–	0.46%	–
MMC	Buy	MARSH & MCLENNAN COS INC	$4,576,000	+41.6%	30,651	+47.3%	0.46%	+52.2%
NWL	Buy	NEWELL BRANDS INC	$4,537,000	-14.1%	326,618	+17.8%	0.45%	-7.6%
XOM	Buy	EXXON MOBIL CORP COM	$4,480,000	+57.4%	51,311	+54.4%	0.45%	+69.6%
TLT	New	ISHARES TRUST20 yr tr bd etf	$4,394,000	–	42,894	–	0.44%	–
IQV	Buy	IQVIA HOLDINGS INC	$4,244,000	+93.7%	23,426	+132.0%	0.42%	+107.9%
VFC	New	V F CORP COM	$4,228,000	–	141,355	–	0.42%	–
CVNA	Buy	CARVANA COcl a	$4,162,000	-7.3%	205,022	+3.2%	0.41%	-0.2%
VZ	Sell	VERIZON COMMUNICATION	$3,798,000	-27.7%	100,039	-3.3%	0.38%	-22.2%
ICE	Buy	INTERCONTINENTAL EXCHAN	$3,746,000	+63.5%	41,459	+70.2%	0.37%	+75.9%
TGT	Buy	TARGET CORP	$3,718,000	+938.5%	25,053	+888.7%	0.37%	+1021.2%
CVX	Sell	CHEVRON TEXACO	$3,582,000	-4.0%	24,929	-3.3%	0.36%	+3.2%
SHOP	New	SHOPIFY INCcl a	$3,569,000	–	132,466	–	0.36%	–
ANTM	Buy	ELEVANCE HEALTH INC	$3,509,000	+0.6%	7,724	+6.9%	0.35%	+8.4%
CP	Buy	CANADIAN PACIFIC RAILWAY LIMITED	$3,288,000	+10.2%	49,278	+15.3%	0.33%	+18.5%
STX	Sell	SEAGATE TECHNOLOGY HOLDINGS PL	$3,192,000	-29.0%	59,974	-4.8%	0.32%	-23.8%
ISRG	Buy	INTUITIVE SURGICAL INC	$3,133,000	-5.1%	16,714	+1.6%	0.31%	+2.3%
ODFL	Buy	OLD DOMINION FREIGHT LINE INC	$3,129,000	+31.7%	12,578	+35.7%	0.31%	+41.4%
ILMN	New	ILLUMINA INC	$3,077,000	–	16,126	–	0.31%	–
EL	Buy	LAUDER ESTEE COS INCcl a	$3,078,000	+19.4%	14,258	+40.8%	0.31%	+28.6%
WDC	Buy	WESTERN DIGITAL CORPORATION DEL	$3,041,000	-19.5%	93,419	+10.9%	0.30%	-13.5%
TEAM	Sell	ATLASSIAN CORP PLCcl a	$3,038,000	+5.4%	14,427	-6.2%	0.30%	+13.5%
COUP	Buy	COUPA SOFTWARE INC	$2,872,000	+5.2%	48,837	+2.2%	0.29%	+13.5%
EMR	Sell	EMERSON ELECTIC CO	$2,849,000	-9.2%	38,915	-1.4%	0.28%	-2.4%
AAP	Sell	ADVANCE AUTO PARTS INC	$2,829,000	-38.3%	18,092	-31.7%	0.28%	-33.7%
HUBS	Buy	HUBSPOT INC	$2,613,000	-4.2%	9,672	+6.6%	0.26%	+3.2%
ATVI	Buy	ACTIVISION BLIZZARD INC	$2,318,000	-3.4%	31,178	+1.2%	0.23%	+4.1%
PSA	Sell	PUBLIC STORAGE INC	$2,232,000	-49.6%	7,623	-46.2%	0.22%	-45.7%
CE	New	CELANESE CORPORATION DEL	$2,215,000	–	24,518	–	0.22%	–
KO	Sell	COCA COLA COMPANY	$1,915,000	-82.7%	34,189	-80.5%	0.19%	-81.4%
PLD	Sell	PROLOGIS INC	$1,895,000	-50.3%	18,652	-42.4%	0.19%	-46.6%
HD	Sell	HOME DEPOT INC	$1,876,000	-18.8%	6,800	-19.2%	0.19%	-12.2%
ACN	Sell	ACCENTURE PLC IRELAND	$1,782,000	-82.7%	6,928	-81.4%	0.18%	-81.4%
IVV	Buy	ISHARES TRUSTcore s&p500 etf	$1,717,000	-4.9%	4,788	+0.6%	0.17%	+2.4%
JNJ	Sell	JOHNSON AND JOHNSON	$1,440,000	-90.7%	8,816	-89.9%	0.14%	-90.0%
FCX	Sell	FREEPORT-MCMORAN COPPER & GOLDcl b	$1,292,000	-42.7%	47,290	-38.6%	0.13%	-38.0%
IVW	Sell	ISHARES S&P 500 GROWTHetf	$1,301,000	-6.5%	22,481	-2.5%	0.13%	0.0%
ABT	Sell	ABBOTT LABORATORIES	$1,188,000	-74.8%	12,280	-71.7%	0.12%	-72.9%
PFE	Sell	PFIZER INC	$1,128,000	-81.3%	25,782	-77.6%	0.11%	-79.9%
SPY	Sell	SPDR S &P 500 ETF TRtr unit	$976,000	-47.6%	2,733	-44.7%	0.10%	-43.6%
FB	Sell	META PLATFORMS INCcl a	$969,000	-84.1%	7,141	-81.1%	0.10%	-83.0%
ECL	Sell	ECOLAB INC	$770,000	-9.6%	5,336	-3.7%	0.08%	-2.5%
IWM	Sell	ISHARES TRUSTrussell 2000	$712,000	-4.7%	4,317	-2.2%	0.07%	+2.9%
DVY	Sell	ISHARES TRUSTdj sel div inx	$638,000	-21.0%	5,954	-13.3%	0.06%	-16.0%
AMT	Sell	AMERICAN TOWER CORP	$631,000	-25.6%	2,937	-11.5%	0.06%	-19.2%
DG	Sell	DOLLAR GEN CORP NEW	$586,000	-12.5%	2,444	-10.5%	0.06%	-6.5%
BRKB	Sell	BERKSHIRE HATHAWAYcl b new	$569,000	-4.7%	2,130	-2.6%	0.06%	+3.6%
TXN	Sell	TEXAS INSTRUMENTS INC	$539,000	-36.4%	3,480	-36.9%	0.05%	-30.8%
BAC	Sell	BANK OF AMERICA	$451,000	-90.3%	14,934	-90.0%	0.04%	-89.5%
IJR	Buy	ISHARES TRUSTcore s&p scp etf	$440,000	-3.1%	5,048	+2.7%	0.04%	+4.8%
ZTS	Sell	ZOETIS INCclass a	$412,000	-86.7%	2,780	-84.6%	0.04%	-85.7%
XLY	New	SELECT SECTOR SPDR ETFsbi cons discr	$416,000	–	2,922	–	0.04%	–
NSC	Sell	NORFOLK SOUTHERN CORP	$413,000	-16.6%	1,970	-9.5%	0.04%	-10.9%
PG	Sell	PROCTER AND GAMBLE COMP	$392,000	-13.3%	3,105	-1.1%	0.04%	-7.1%
CSCO	Sell	CISCO SYSTEMS	$357,000	-7.8%	8,919	-1.7%	0.04%	0.0%
NFLX	Sell	NETFLIX INC	$353,000	-94.0%	1,498	-95.6%	0.04%	-93.6%
QCOM	Sell	QUALCOMM INC	$356,000	-13.2%	3,147	-2.0%	0.04%	-7.9%
LIN	Sell	LINDE PLC	$345,000	-13.3%	1,279	-7.5%	0.03%	-8.1%
MS	Sell	MORGAN STANLEY	$346,000	-86.4%	4,380	-86.9%	0.03%	-85.5%
ADBE	Sell	ADOBE SYSTEMS INC	$314,000	-70.6%	1,140	-60.9%	0.03%	-68.7%
PM	Sell	PHILIP MORRIS	$301,000	-95.4%	3,622	-94.6%	0.03%	-95.1%
MOH	Sell	MOLINA HEALTHCARE INC	$304,000	-50.2%	922	-57.7%	0.03%	-46.4%
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$289,000	-2.0%	4,051	+3.3%	0.03%	+7.4%
AMD	Sell	ADVANCED MIRCO DEVICES INC	$264,000	-91.8%	4,160	-90.1%	0.03%	-91.2%
WFC	Sell	WELLS FARGO & CO NEW CO	$251,000	+2.4%	6,242	-0.1%	0.02%	+8.7%
STZ	Sell	CONSTELLATION BRANDS INCcl a	$247,000	-96.4%	1,077	-96.3%	0.02%	-96.0%
OTTR	Sell	OTTER TAIL CORP	$245,000	-9.3%	3,987	-1.0%	0.02%	-4.0%
SYY	Sell	SYSCO CORPORATION	$229,000	-56.4%	3,241	-47.7%	0.02%	-53.1%
FDL	New	FIRST TRUST MORNINGSTAR DIVID L	$225,000	–	7,000	–	0.02%	–
PEP	Sell	PEPSICO INC	$218,000	-2.2%	1,333	-0.4%	0.02%	+4.8%
FTV	Sell	FORTIVE CORP	$200,000	-12.3%	3,440	-17.7%	0.02%	-4.8%
	New	GLUCOTRACK INC	$23,000	–	11,500	–	0.00%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,693	–	-0.02%	–
CAT	Exit	CATERPILLAR TRACTOR COMPANY	$0	–	-1,229	–	-0.02%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,258	–	-0.02%	–
SPGI	Exit	S&P GLOBAL INC	$0	–	-664	–	-0.02%	–
CHE	Exit	CHEMED CORP	$0	–	-500	–	-0.02%	–
DIS	Exit	DISNEY	$0	–	-2,561	–	-0.02%	–
BLK	Exit	BLACKROCK INC	$0	–	-392	–	-0.02%	–
NUE	Exit	NUCOR CORPORATION	$0	–	-2,383	–	-0.02%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-2,097	–	-0.02%	–
SOXX	Exit	ISHARES TRUSTishares semicdtr	$0	–	-748	–	-0.02%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC	$0	–	-403	–	-0.02%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-2,305	–	-0.03%	–
NKE	Exit	NIKE INC	$0	–	-2,712	–	-0.03%	–
SYK	Exit	STRYKER CORP	$0	–	-1,498	–	-0.03%	–
VMC	Exit	VULCAN MATERIALS CO	$0	–	-2,228	–	-0.03%	–
DOW	Exit	DOW INC	$0	–	-7,641	–	-0.04%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-1,485	–	-0.06%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-6,140	–	-0.13%	–
MTB	Exit	M & T BANK CORP	$0	–	-11,812	–	-0.17%	–
AIZ	Exit	ASSURANT INC	$0	–	-11,370	–	-0.18%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-40,244	–	-0.20%	–
HIG	Exit	HARTFORD FINANCIAL SVCS GROUP INC	$0	–	-35,077	–	-0.21%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-43,869	–	-0.23%	–
LYV	Exit	LIVE NATION ENTERTAINMENT INC	$0	–	-31,074	–	-0.24%	–
SBAC	Exit	SBA COMMUNICATIONS CORP NEWcl a	$0	–	-8,332	–	-0.25%	–
HAS	Exit	HASBRO INC	$0	–	-35,391	–	-0.27%	–
XLB	Exit	SELECT SECTOR SPDR ETFsbi materials	$0	–	-56,551	–	-0.38%	–
ULTA	Exit	ULTA BEAUTY INC	$0	–	-11,830	–	-0.42%	–
XLP	Exit	SELECT SECTOR SPDR ETFsbi cons stpls	$0	–	-82,045	–	-0.55%	–

Q2 2022

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$108,522,000	–	312,852	–	10.03%	–
IXUS	New	ISHARES TRUSTcore msci total	$73,671,000	–	1,291,802	–	6.81%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$71,785,000	–	705,986	–	6.64%	–
	New	DIMENSIONAL ETF TRUSTworld ex us core	$61,449,000	–	2,866,129	–	5.68%	–
ALRS	New	ALERUS FINANCIAL CORP	$55,519,000	–	2,331,790	–	5.13%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$31,518,000	–	487,445	–	2.91%	–
XLK	New	SELECT SECTOR SPDR ETFtechnology	$31,059,000	–	244,331	–	2.87%	–
VCLT	New	VANGUARD SCOTTSDALE FDSshort term treas	$28,645,000	–	353,166	–	2.65%	–
AAPL	New	APPLE COMPUTER	$25,000,000	–	182,857	–	2.31%	–
AMZN	New	AMAZON.COM INC	$22,828,000	–	214,929	–	2.11%	–
MSFT	New	MICROSOFT INC	$22,438,000	–	87,366	–	2.07%	–
XLV	New	SELECT SECTOR SPDR ETFsbi healthcare	$17,730,000	–	138,259	–	1.64%	–
GOOGL	New	ALPHABET INC	$16,240,000	–	7,452	–	1.50%	–
XLE	New	SELECT SECTOR SPDR ETFenergy	$16,221,000	–	226,826	–	1.50%	–
JNJ	New	JOHNSON AND JOHNSON	$15,500,000	–	87,322	–	1.43%	–
XLI	New	SELECT SECTOR SPDR ETFsbi int-inds	$12,564,000	–	143,853	–	1.16%	–
XLF	New	SELECT SECTOR SPDR ETFfinancial	$12,330,000	–	392,044	–	1.14%	–
GLD	New	SPDR GOLD TRUST	$12,227,000	–	72,579	–	1.13%	–
XLU	New	SELECT SECTOR SPDR ETFsbi int-utils	$11,627,000	–	165,785	–	1.08%	–
KO	New	COCA COLA COMPANY	$11,038,000	–	175,464	–	1.02%	–
V	New	VISA INC	$10,519,000	–	53,422	–	0.97%	–
ACN	New	ACCENTURE PLC IRELAND	$10,323,000	–	37,179	–	0.95%	–
JPM	New	JP MORGAN CHASE & CO	$10,232,000	–	90,862	–	0.95%	–
MA	New	MASTERCARD INCORPORATED	$8,585,000	–	27,211	–	0.79%	–
UNH	New	UNITEDHEALTH GROUP INC	$8,402,000	–	16,358	–	0.78%	–
TSLA	New	TESLA INC	$8,035,000	–	11,932	–	0.74%	–
AVGO	New	BROADCOM INC	$7,636,000	–	15,719	–	0.71%	–
SNOW	New	SNOWFLAKE INCcl a	$7,223,000	–	51,941	–	0.67%	–
IBM	New	IBM	$7,213,000	–	51,084	–	0.67%	–
RIO	New	RIO TINTO PLCsponsored adr	$7,014,000	–	114,988	–	0.65%	–
MRK	New	MERCK & CO INC	$6,979,000	–	76,554	–	0.64%	–
STZ	New	CONSTELLATION BRANDS INCcl a	$6,808,000	–	29,210	–	0.63%	–
ETN	New	EATON CORP PLC	$6,737,000	–	53,470	–	0.62%	–
PM	New	PHILIP MORRIS	$6,614,000	–	66,979	–	0.61%	–
T	New	AT&T INC	$6,470,000	–	308,698	–	0.60%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$6,372,000	–	52,002	–	0.59%	–
DUK	New	DUKE ENERGY CORP NEW	$6,301,000	–	58,769	–	0.58%	–
SO	New	SOUTHERN COMPANY	$6,260,000	–	87,785	–	0.58%	–
LMT	New	LOCKHEED MARTIN CORP	$6,135,000	–	14,268	–	0.57%	–
FB	New	META PLATFORMS INCcl a	$6,098,000	–	37,818	–	0.56%	–
PFE	New	PFIZER INC	$6,033,000	–	115,059	–	0.56%	–
NFLX	New	NETFLIX INC	$5,930,000	–	33,910	–	0.55%	–
XLP	New	SELECT SECTOR SPDR ETFsbi cons stpls	$5,922,000	–	82,045	–	0.55%	–
NVDA	New	NIVIDIA CORP	$5,854,000	–	38,612	–	0.54%	–
MDT	New	MEDTRONIC HLDG PLC	$5,816,000	–	64,804	–	0.54%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$5,763,000	–	60,233	–	0.53%	–
ABBV	New	ABBVIE INC	$5,663,000	–	36,976	–	0.52%	–
CB	New	CHUBB LIMITED	$5,536,000	–	28,159	–	0.51%	–
NOC	New	NORTHRUP GRUMMAN CORP	$5,519,000	–	11,533	–	0.51%	–
QSR	New	RESTURANT BRANDS INTERNATIONAL INC	$5,345,000	–	106,589	–	0.49%	–
NWL	New	NEWELL BRANDS INC	$5,279,000	–	277,274	–	0.49%	–
VZ	New	VERIZON COMMUNICATION	$5,252,000	–	103,496	–	0.49%	–
OMC	New	OMNICOM GROUP INC	$5,079,000	–	79,852	–	0.47%	–
AXP	New	AMERICAN EXPRESS CO	$4,963,000	–	35,807	–	0.46%	–
ABT	New	ABBOTT LABORATORIES	$4,721,000	–	43,452	–	0.44%	–
EA	New	ELECTRONIC ARTS INC DEL	$4,704,000	–	38,664	–	0.44%	–
BAC	New	BANK OF AMERICA	$4,656,000	–	149,584	–	0.43%	–
AAP	New	ADVANCE AUTO PARTS INC	$4,582,000	–	26,470	–	0.42%	–
ULTA	New	ULTA BEAUTY INC	$4,560,000	–	11,830	–	0.42%	–
LNG	New	CHENIERE ENERGY INC	$4,514,000	–	33,934	–	0.42%	–
STX	New	SEAGATE TECHNOLOGY HOLDINGS PL	$4,498,000	–	62,968	–	0.42%	–
CVNA	New	CARVANA COcl a	$4,488,000	–	198,751	–	0.42%	–
PSA	New	PUBLIC STORAGE INC	$4,427,000	–	14,160	–	0.41%	–
XLB	New	SELECT SECTOR SPDR ETFsbi materials	$4,162,000	–	56,551	–	0.38%	–
USB	New	US BANCORP DEL	$4,139,000	–	89,948	–	0.38%	–
MET	New	METLIFE INC	$3,923,000	–	62,482	–	0.36%	–
PLD	New	PROLOGIS INC	$3,810,000	–	32,381	–	0.35%	–
TMO	New	THERMO FISHER SCIENTIFIC	$3,791,000	–	6,979	–	0.35%	–
WDC	New	WESTERN DIGITAL CORPORATION DEL	$3,776,000	–	84,219	–	0.35%	–
CVX	New	CHEVRON TEXACO	$3,733,000	–	25,784	–	0.34%	–
BHP	New	BHP BILLITON LTDsponsored adr	$3,601,000	–	64,093	–	0.33%	–
DE	New	DEERE & CO	$3,576,000	–	11,943	–	0.33%	–
ANTM	New	ELEVANCE HEALTH INC	$3,487,000	–	7,225	–	0.32%	–
LLY	New	LILLY ELI & CO	$3,439,000	–	10,606	–	0.32%	–
ISRG	New	INTUITIVE SURGICAL INC	$3,302,000	–	16,455	–	0.30%	–
CVS	New	CVS CORP	$3,238,000	–	34,941	–	0.30%	–
MMC	New	MARSH & MCLENNAN COS INC	$3,231,000	–	20,811	–	0.30%	–
AMD	New	ADVANCED MIRCO DEVICES INC	$3,207,000	–	41,934	–	0.30%	–
EMR	New	EMERSON ELECTIC CO	$3,138,000	–	39,448	–	0.29%	–
ZTS	New	ZOETIS INCclass a	$3,097,000	–	18,020	–	0.29%	–
DHR	New	DANAHER CORPORATION	$3,036,000	–	11,973	–	0.28%	–
CP	New	CANADIAN PACIFIC RAILWAY LIMITED	$2,985,000	–	42,737	–	0.28%	–
BG	New	BUNGE LIMITED	$2,928,000	–	32,290	–	0.27%	–
HAS	New	HASBRO INC	$2,898,000	–	35,391	–	0.27%	–
TEAM	New	ATLASSIAN CORP PLCcl a	$2,882,000	–	15,379	–	0.27%	–
XOM	New	EXXON MOBIL CORP COM	$2,846,000	–	33,233	–	0.26%	–
XBI	New	SPDR SER TRs&p biotech	$2,840,000	–	38,234	–	0.26%	–
HUBS	New	HUBSPOT INC	$2,728,000	–	9,073	–	0.25%	–
COUP	New	COUPA SOFTWARE INC	$2,729,000	–	47,790	–	0.25%	–
SBAC	New	SBA COMMUNICATIONS CORP NEWcl a	$2,667,000	–	8,332	–	0.25%	–
EL	New	LAUDER ESTEE COS INCcl a	$2,578,000	–	10,124	–	0.24%	–
LYV	New	LIVE NATION ENTERTAINMENT INC	$2,566,000	–	31,074	–	0.24%	–
MS	New	MORGAN STANLEY	$2,540,000	–	33,401	–	0.24%	–
WYNN	New	WYNN RESORTS LTD	$2,500,000	–	43,869	–	0.23%	–
ATVI	New	ACTIVISION BLIZZARD INC	$2,399,000	–	30,816	–	0.22%	–
ODFL	New	OLD DOMINION FREIGHT LINE INC	$2,375,000	–	9,268	–	0.22%	–
BX	New	BLACKSTONE GROUP INC	$2,312,000	–	25,340	–	0.21%	–
HD	New	HOME DEPOT INC	$2,309,000	–	8,420	–	0.21%	–
ICE	New	INTERCONTINENTAL EXCHAN	$2,291,000	–	24,363	–	0.21%	–
HIG	New	HARTFORD FINANCIAL SVCS GROUP INC	$2,295,000	–	35,077	–	0.21%	–
FCX	New	FREEPORT-MCMORAN COPPER & GOLDcl b	$2,254,000	–	77,017	–	0.21%	–
IQV	New	IQVIA HOLDINGS INC	$2,191,000	–	10,098	–	0.20%	–
TTE	New	TOTAL S Asponsored adr	$2,118,000	–	40,244	–	0.20%	–
AIZ	New	ASSURANT INC	$1,965,000	–	11,370	–	0.18%	–
MTB	New	M & T BANK CORP	$1,883,000	–	11,812	–	0.17%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$1,864,000	–	4,941	–	0.17%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$1,805,000	–	4,760	–	0.17%	–
EXPE	New	EXPEDIA GROUP INC	$1,584,000	–	16,709	–	0.15%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,391,000	–	23,057	–	0.13%	–
SHW	New	SHERWIN WILLIAMS CO	$1,374,000	–	6,140	–	0.13%	–
SNAP	New	SNAP INCcl a	$1,174,000	–	89,389	–	0.11%	–
ADBE	New	ADOBE SYSTEMS INC	$1,068,000	–	2,916	–	0.10%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$983,000	–	5,705	–	0.09%	–
ECL	New	ECOLAB INC	$852,000	–	5,539	–	0.08%	–
TXN	New	TEXAS INSTRUMENTS INC	$848,000	–	5,519	–	0.08%	–
AMT	New	AMERICAN TOWER CORP	$848,000	–	3,318	–	0.08%	–
DVY	New	ISHARES TRUSTdj sel div inx	$808,000	–	6,869	–	0.08%	–
IWM	New	ISHARES TRUSTrussell 2000	$747,000	–	4,413	–	0.07%	–
DG	New	DOLLAR GEN CORP NEW	$670,000	–	2,730	–	0.06%	–
LRCX	New	LAM RESEARCH CORP	$633,000	–	1,485	–	0.06%	–
MOH	New	MOLINA HEALTHCARE INC	$610,000	–	2,182	–	0.06%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$601,000	–	2,657	–	0.06%	–
BRKB	New	BERKSHIRE HATHAWAYcl b new	$597,000	–	2,186	–	0.06%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$568,000	–	7,060	–	0.05%	–
SYY	New	SYSCO CORPORATION	$525,000	–	6,192	–	0.05%	–
NSC	New	NORFOLK SOUTHERN CORP	$495,000	–	2,176	–	0.05%	–
CENTA	New	CENTRAL GARDEN & PET COcl a & non-vtg	$462,000	–	11,540	–	0.04%	–
PG	New	PROCTER AND GAMBLE COMP	$452,000	–	3,141	–	0.04%	–
EFV	New	ISHARES TRUSTeafe value etf	$452,000	–	10,408	–	0.04%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$454,000	–	4,914	–	0.04%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$432,000	–	6,784	–	0.04%	–
QCOM	New	QUALCOMM INC	$410,000	–	3,211	–	0.04%	–
BRKA	New	BERKSHIRE HATHAWAYcl a	$409,000	–	1	–	0.04%	–
LIN	New	LINDE PLC	$398,000	–	1,382	–	0.04%	–
DOW	New	DOW INC	$394,000	–	7,641	–	0.04%	–
CSCO	New	CISCO SYSTEMS	$387,000	–	9,072	–	0.04%	–
COST	New	COSTCO WHSL CORP	$368,000	–	768	–	0.03%	–
TGT	New	TARGET CORP	$358,000	–	2,534	–	0.03%	–
INTC	New	INTEL INC	$342,000	–	9,132	–	0.03%	–
VMC	New	VULCAN MATERIALS CO	$317,000	–	2,228	–	0.03%	–
SYK	New	STRYKER CORP	$298,000	–	1,498	–	0.03%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$292,000	–	7,290	–	0.03%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$295,000	–	3,923	–	0.03%	–
NKE	New	NIKE INC	$277,000	–	2,712	–	0.03%	–
WMT	New	WAL-MART STORES INC	$280,000	–	2,305	–	0.03%	–
OTTR	New	OTTER TAIL CORP	$270,000	–	4,026	–	0.02%	–
ORLY	New	O REILLY AUTOMOTIVE INC	$255,000	–	403	–	0.02%	–
SOXX	New	ISHARES TRUSTishares semicdtr	$262,000	–	748	–	0.02%	–
NUE	New	NUCOR CORPORATION	$249,000	–	2,383	–	0.02%	–
WFC	New	WELLS FARGO & CO NEW CO	$245,000	–	6,249	–	0.02%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$247,000	–	2,097	–	0.02%	–
DIS	New	DISNEY	$242,000	–	2,561	–	0.02%	–
BLK	New	BLACKROCK INC	$239,000	–	392	–	0.02%	–
CHE	New	CHEMED CORP	$235,000	–	500	–	0.02%	–
FTV	New	FORTIVE CORP	$228,000	–	4,178	–	0.02%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$222,000	–	1,258	–	0.02%	–
SPGI	New	S&P GLOBAL INC	$224,000	–	664	–	0.02%	–
PEP	New	PEPSICO INC	$223,000	–	1,338	–	0.02%	–
CAT	New	CATERPILLAR TRACTOR COMPANY	$220,000	–	1,229	–	0.02%	–
NEE	New	NEXTERA ENERGY INC	$208,000	–	2,693	–	0.02%	–
WRAP	New	WRAP TECHNOLOGIES INC	$182,000	–	97,760	–	0.02%	–
SELB	New	SELECTA BIOSCIENCES, INC	$39,000	–	30,000	–	0.00%	–
OXSQ	New	OXFORD SQUARE CAP CORP	$36,000	–	10,000	–	0.00%	–
BWEN	New	BROADWIND INC	$22,000	–	13,239	–	0.00%	–

Q4 2021

			Value		Shares		↓ Weighting
SELB	Exit	SELECTA BIOSCIENCES, INC	$0	–	-10,000	–	-0.00%	–
INO	Exit	INOVIO PHARMACEUTICALS INC	$0	–	-20,000	–	-0.01%	–
WRAP	Exit	WRAP TECHNOLOGIES INC	$0	–	-26,760	–	-0.02%	–
SCHD	Exit	SCHWAB STRATEGIC TRus dividend eq	$0	–	-2,720	–	-0.02%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-1,795	–	-0.02%	–
EFA	Exit	ISHARES TRUSTmsci eafe etf	$0	–	-2,744	–	-0.02%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-3,849	–	-0.02%	–
CAG	Exit	CONAGRA FOOD INC	$0	–	-6,419	–	-0.02%	–
CHE	Exit	CHEMED CORP	$0	–	-500	–	-0.02%	–
IVE	Exit	ISHARES TRUSTs & p 500 val etf	$0	–	-1,561	–	-0.02%	–
OTTR	Exit	OTTER TAIL CORP	$0	–	-4,117	–	-0.02%	–
ORLY	Exit	O REILLY AUTOMOTIVE INC	$0	–	-403	–	-0.02%	–
MCD	Exit	MCDONALDS CORP	$0	–	-1,070	–	-0.02%	–
IJJ	Exit	ISHARES TRUSTs&p mc 400vl etf	$0	–	-2,577	–	-0.02%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC	$0	–	-359	–	-0.02%	–
IDXX	Exit	IDEXX LABORATORIES	$0	–	-468	–	-0.03%	–
COST	Exit	COSTCO WHSL CORP	$0	–	-708	–	-0.03%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-5,208	–	-0.03%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-3,923	–	-0.03%	–
XLB	Exit	SELECT SECTOR SPDR ETFsbi materials	$0	–	-4,282	–	-0.03%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,561	–	-0.03%	–
CMCSA	Exit	COMCAST CORP	$0	–	-6,004	–	-0.03%	–
CAT	Exit	CATERPILLAR TRACTOR COMPANY	$0	–	-1,775	–	-0.03%	–
PEP	Exit	PEPSICO INC	$0	–	-2,318	–	-0.03%	–
NUE	Exit	NUCOR CORPORATION	$0	–	-3,512	–	-0.03%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-7,920	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAYcl a	$0	–	-1	–	-0.04%	–
GWW	Exit	GRAINGER W W INC	$0	–	-1,078	–	-0.04%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-3,124	–	-0.04%	–
ROST	Exit	ROSS STORES INC	$0	–	-4,102	–	-0.04%	–
CENTA	Exit	CENTRAL GARDEN & PET COcl a & non-vtg	$0	–	-11,540	–	-0.04%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-9,191	–	-0.05%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-5,722	–	-0.05%	–
QCOM	Exit	QUALCOMM INC	$0	–	-4,050	–	-0.05%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.05%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-4,914	–	-0.05%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-6,784	–	-0.05%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-2,414	–	-0.06%	–
INTC	Exit	INTEL INC	$0	–	-13,134	–	-0.06%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-2,657	–	-0.06%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.07%	–
BRKB	Exit	BERKSHIRE HATHAWAYcl b new	$0	–	-3,106	–	-0.08%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-5,285	–	-0.08%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-8,458	–	-0.09%	–
EAT	Exit	BRINKER INTERNATIONAL INC	$0	–	-20,444	–	-0.09%	–
MOH	Exit	MOLINA HEALTHCARE INC	$0	–	-4,198	–	-0.10%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.10%	–
HSY	Exit	HERSHEY FOODS CORPORATION	$0	–	-7,196	–	-0.11%	–
ECL	Exit	ECOLAB INC	$0	–	-6,169	–	-0.12%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-15,237	–	-0.12%	–
WDC	Exit	WESTERN DIGITAL CORPORATION DEL	$0	–	-25,366	–	-0.13%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-5,089	–	-0.13%	–
MLM	Exit	MARTIN MARIETTA MATLS INC	$0	–	-4,367	–	-0.14%	–
MAA	Exit	MID-AMER APT COMMUNITIES INC	$0	–	-8,107	–	-0.14%	–
BKNG	Exit	BOOKING HOLDINGS INC	$0	–	-650	–	-0.14%	–
HST	Exit	HOST HOTELS & RESORTS INC	$0	–	-94,708	–	-0.14%	–
LYV	Exit	LIVE NATION ENTERTAINMENT INC	$0	–	-17,588	–	-0.15%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-23,727	–	-0.16%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-38,199	–	-0.16%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-4,118	–	-0.16%	–
ODFL	Exit	OLD DOMINION FREIGHT LINE INC	$0	–	-6,166	–	-0.16%	–
BSX	Exit	BOSTON SCIENTIFIC	$0	–	-41,230	–	-0.16%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-23,258	–	-0.17%	–
RTX	Exit	RAYTHEON TECHNOLOGIES CORP	$0	–	-21,594	–	-0.17%	–
SPG	Exit	SIMON PROPERTY GROUP INC NEW	$0	–	-14,718	–	-0.17%	–
ZBH	Exit	ZIMMER BIOMET HOLDINGS INC	$0	–	-13,218	–	-0.18%	–
BLK	Exit	BLACKROCK INC	$0	–	-2,397	–	-0.18%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-42,444	–	-0.18%	–
LUV	Exit	SOUTHWEST AIRLINES CO	$0	–	-39,834	–	-0.19%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-4,810	–	-0.19%	–
CB	Exit	CHUBB LIMITED	$0	–	-12,024	–	-0.19%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-14,689	–	-0.19%	–
EQIX	Exit	EQUINIX INC	$0	–	-2,687	–	-0.19%	–
LYFT	Exit	LYFT INC	$0	–	-39,574	–	-0.19%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-5,765	–	-0.20%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-10,446	–	-0.20%	–
RIO	Exit	RIO TINTO PLCsponsored adr	$0	–	-33,344	–	-0.20%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-14,741	–	-0.20%	–
FCX	Exit	FREEPORT-MCMORAN INCcl b	$0	–	-69,420	–	-0.21%	–
ALLY	Exit	ALLY FINANCIAL INC	$0	–	-44,723	–	-0.21%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-20,038	–	-0.21%	–
LNC	Exit	LINCOLN NATIONAL CORP IND	$0	–	-34,768	–	-0.22%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-31,338	–	-0.22%	–
STZ	Exit	CONSTELLATION BRANDS INCcl a	$0	–	-11,586	–	-0.22%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-16,195	–	-0.23%	–
BG	Exit	BUNGE LIMITED	$0	–	-30,602	–	-0.23%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-41,353	–	-0.23%	–
SYY	Exit	SYSCO CORPORATION	$0	–	-32,979	–	-0.24%	–
ALGN	Exit	ALIGN TECHNOLOGY INC	$0	–	-3,989	–	-0.24%	–
VMC	Exit	VULCAN MATERIALS CO	$0	–	-15,979	–	-0.25%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-11,440	–	-0.25%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-13,610	–	-0.25%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-10,512	–	-0.25%	–
ADI	Exit	ANALOG DEVICES INC	$0	–	-16,920	–	-0.26%	–
XOM	Exit	EXXON MOBIL CORP COM	$0	–	-50,566	–	-0.27%	–
CPRT	Exit	COPART INC	$0	–	-22,278	–	-0.28%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-28,784	–	-0.30%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-23,619	–	-0.30%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-15,730	–	-0.30%	–
XLV	Exit	SELECT SECTOR SPDR ETFsbi healthcare	$0	–	-26,528	–	-0.31%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-34,326	–	-0.32%	–
FTV	Exit	FORTIVE CORP	$0	–	-49,709	–	-0.32%	–
EXPE	Exit	EXPEDIA GROUP INC	$0	–	-21,654	–	-0.32%	–
CVS	Exit	CVS CORP	$0	–	-43,461	–	-0.34%	–
XBI	Exit	SPDR SERIES TRUSTs&p biotech	$0	–	-29,387	–	-0.34%	–
PLD	Exit	PROLOGIS INC	$0	–	-29,453	–	-0.34%	–
MRK	Exit	MERCK & CO INC	$0	–	-49,583	–	-0.34%	–
XLP	Exit	SELECT SECTOR SPDR ETFsbi cons stpls	$0	–	-54,254	–	-0.34%	–
LLY	Exit	LILLY ELI & CO	$0	–	-16,288	–	-0.34%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-10,926	–	-0.34%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-3,845	–	-0.35%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-39,248	–	-0.35%	–
AAP	Exit	ADVANCE AUTO PARTS INC	$0	–	-19,003	–	-0.36%	–
STX	Exit	SEAGATE TECHNOLOGY HOLDINGS PL	$0	–	-48,228	–	-0.36%	–
NWL	Exit	NEWELL BRANDS INC	$0	–	-180,060	–	-0.36%	–
DOW	Exit	DOW INC	$0	–	-69,636	–	-0.36%	–
PM	Exit	PHILIP MORRIS	$0	–	-43,670	–	-0.38%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-17,472	–	-0.38%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-36,079	–	-0.38%	–
TGT	Exit	TARGET CORP	$0	–	-18,609	–	-0.39%	–
XLF	Exit	SELECT SECTOR SPDR ETFfinancial	$0	–	-114,824	–	-0.39%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-7,499	–	-0.39%	–
ZTS	Exit	ZOETIS INCclass a	$0	–	-22,323	–	-0.40%	–
LIN	Exit	LINDE PLC	$0	–	-15,023	–	-0.40%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-15,369	–	-0.42%	–
SYK	Exit	STRYKER CORP	$0	–	-17,608	–	-0.42%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-29,607	–	-0.44%	–
USB	Exit	US BANCORP DEL	$0	–	-81,019	–	-0.44%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-52,418	–	-0.45%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-94,145	–	-0.46%	–
HAS	Exit	HASBRO INC	$0	–	-57,657	–	-0.47%	–
IBM	Exit	IBM	$0	–	-37,130	–	-0.47%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-71,320	–	-0.47%	–
QSR	Exit	RESTURANT BRANDS INTERNATIONAL INC	$0	–	-84,805	–	-0.47%	–
PFE	Exit	PFIZER INC	$0	–	-120,764	–	-0.47%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-9,104	–	-0.47%	–
NKE	Exit	NIKE INC	$0	–	-35,891	–	-0.48%	–
T	Exit	AT&T INC	$0	–	-201,479	–	-0.50%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-22,961	–	-0.50%	–
MS	Exit	MORGAN STANLEY	$0	–	-56,869	–	-0.50%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-9,748	–	-0.50%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-53,739	–	-0.52%	–
NFLX	Exit	NETFLIX INC	$0	–	-9,364	–	-0.52%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-19,403	–	-0.54%	–
TTWO	Exit	TAKE-2 INTERACTIVE SOFTWAR	$0	–	-38,457	–	-0.54%	–
MET	Exit	METLIFE INC	$0	–	-96,254	–	-0.54%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-37,000	–	-0.56%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-64,325	–	-0.60%	–
DE	Exit	DEERE & CO	$0	–	-21,017	–	-0.64%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-64,279	–	-0.69%	–
AVGO	Exit	BROADCOM INC	$0	–	-15,821	–	-0.70%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-19,953	–	-0.71%	–
XLK	Exit	SELECT SECTOR SPDR ETFtechnology	$0	–	-53,011	–	-0.72%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-65,134	–	-0.74%	–
DIS	Exit	DISNEY	$0	–	-49,103	–	-0.76%	–
KO	Exit	COCA COLA COMPANY	$0	–	-161,709	–	-0.77%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-31,502	–	-0.78%	–
TSLA	Exit	TESLA INC	$0	–	-11,268	–	-0.80%	–
BAC	Exit	BANK OF AMERICA	$0	–	-207,535	–	-0.80%	–
MA	Exit	MASTERCARD INCORPORATED	$0	–	-25,327	–	-0.80%	–
TXN	Exit	TEXAS INSTRUMENTS INC	$0	–	-50,531	–	-0.88%	–
NVDA	Exit	NIVIDIA CORP	$0	–	-47,197	–	-0.89%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-31,365	–	-0.91%	–
HD	Exit	HOME DEPOT INC	$0	–	-32,096	–	-0.96%	–
ETN	Exit	EATON CORP PLC	$0	–	-70,809	–	-0.96%	–
V	Exit	VISA INC	$0	–	-50,449	–	-1.02%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-72,580	–	-1.08%	–
XLE	Exit	SELECT SECTOR SPDR ETFenergy	$0	–	-273,804	–	-1.30%	–
FB	Exit	FACEBOOK INC	$0	–	-43,901	–	-1.36%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-106,000	–	-1.58%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-183,925	–	-1.77%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-6,568	–	-1.96%	–
GOOGL	Exit	ALPHABET INC	$0	–	-9,299	–	-2.26%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-375,940	–	-2.68%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-309,846	–	-3.99%	–
MSFT	Exit	MICROSOFT INC	$0	–	-157,618	–	-4.05%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-204,351	–	-4.07%	–
ALRS	Exit	ALERUS FINANCIAL CORP	$0	–	-1,959,876	–	-5.33%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-187,268	–	-6.72%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-658,879	–	-6.89%	–
	Exit	DIMENSIONAL ETF TRUSTworld ex us core	$0	–	-3,220,193	–	-7.59%	–

Q3 2021

			Value		Shares		↓ Weighting
	New	DIMENSIONAL ETF TRUSTworld ex us core	$83,338,000	–	3,220,193	–	7.59%	–
AGG	Buy	ISHARES TRUSTcore totusbd etf	$75,659,000	+10.9%	658,879	+11.4%	6.89%	+0.2%
VOO	Buy	VANGUARD INDEX FDSs&p 500 eft sh	$73,859,000	+3.3%	187,268	+3.1%	6.72%	-6.8%
ALRS	Buy	ALERUS FINANCIAL CORP	$58,561,000	+3.2%	1,959,876	+0.2%	5.33%	-6.8%
IWM	Buy	ISHARES TRUSTrussell 2000	$44,702,000	-0.4%	204,351	+4.4%	4.07%	-10.1%
MSFT	Buy	MICROSOFT INC	$44,436,000	+5.3%	157,618	+1.2%	4.05%	-4.9%
AAPL	Sell	APPLE COMPUTER	$43,843,000	+1.7%	309,846	-1.6%	3.99%	-8.2%
IWR	Sell	ISHARES RUSSELL MIDCAPx fdetf	$29,407,000	-1.7%	375,940	-0.4%	2.68%	-11.3%
GOOGL	Sell	ALPHABET INC	$24,861,000	+6.6%	9,299	-2.6%	2.26%	-3.7%
AMZN	Buy	AMAZON.COM INC	$21,576,000	-1.9%	6,568	+2.7%	1.96%	-11.5%
VCLT	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$19,419,000	+24.1%	183,925	+25.7%	1.77%	+12.0%
JPM	Sell	JP MORGAN CHASE & CO	$17,351,000	-3.9%	106,000	-8.7%	1.58%	-13.2%
FB	Buy	FACEBOOK INC	$14,899,000	+8.5%	43,901	+11.2%	1.36%	-2.0%
XLE	Sell	SELECT SECTOR SPDR ETFenergy	$14,262,000	-3.8%	273,804	-0.5%	1.30%	-13.2%
V	Buy	VISA INC	$11,238,000	-2.7%	50,449	+2.1%	1.02%	-12.2%
ETN	Sell	EATON CORP PLC	$10,572,000	-0.2%	70,809	-0.9%	0.96%	-9.8%
HD	Buy	HOME DEPOT INC	$10,536,000	+7.2%	32,096	+4.1%	0.96%	-3.2%
ACN	Sell	ACCENTURE PLC IRELAND	$10,034,000	+5.1%	31,365	-3.2%	0.91%	-5.1%
NVDA	Buy	NIVIDIA CORP	$9,777,000	+10.2%	47,197	+325.5%	0.89%	-0.6%
TXN	Buy	TEXAS INSTRUMENTS INC	$9,713,000	+5.6%	50,531	+5.6%	0.88%	-4.7%
MA	Buy	MASTERCARD INCORPORATED	$8,806,000	-0.6%	25,327	+4.3%	0.80%	-10.3%
BAC	Sell	BANK OF AMERICA	$8,809,000	-8.2%	207,535	-10.9%	0.80%	-17.1%
TSLA	Buy	TESLA INC	$8,738,000	+191.6%	11,268	+155.5%	0.80%	+163.6%
CRM	Buy	SALESFORCE.COM INC	$8,544,000	+11.1%	31,502	+0.1%	0.78%	+0.4%
KO	Sell	COCA COLA COMPANY	$8,485,000	-4.0%	161,709	-1.0%	0.77%	-13.2%
DIS	Buy	DISNEY	$8,307,000	-3.3%	49,103	+0.5%	0.76%	-12.7%
MDT	Sell	MEDTRONIC HLDG PLC	$8,165,000	+0.8%	65,134	-0.2%	0.74%	-9.1%
XLK	Buy	SELECT SECTOR SPDR ETFtechnology	$7,916,000	+89.5%	53,011	+87.4%	0.72%	+71.3%
UNH	Sell	UNITEDHEALTH GROUP INC	$7,796,000	-3.3%	19,953	-0.9%	0.71%	-12.7%
AVGO	Sell	BROADCOM INC	$7,672,000	+0.6%	15,821	-1.1%	0.70%	-9.1%
ABT	Buy	ABBOTT LABORATORIES	$7,593,000	+13.2%	64,279	+11.1%	0.69%	+2.2%
DE	Buy	DEERE & CO	$7,042,000	+3.5%	21,017	+9.0%	0.64%	-6.6%
VNQ	Buy	VANGUARD INDEX FDSreit etf	$6,547,000	+5.2%	64,325	+5.2%	0.60%	-5.1%
AXP	Buy	AMERICAN EXPRESS CO	$6,198,000	+65.1%	37,000	+62.9%	0.56%	+49.2%
MET	Buy	METLIFE INC	$5,942,000	+18.4%	96,254	+14.8%	0.54%	+6.9%
TTWO	Buy	TAKE-2 INTERACTIVE SOFTWAR	$5,925,000	+1.9%	38,457	+17.1%	0.54%	-8.0%
DHR	Sell	DANAHER CORPORATION	$5,907,000	-0.5%	19,403	-12.3%	0.54%	-10.0%
NFLX	Buy	NETFLIX INC	$5,715,000	+203.2%	9,364	+162.4%	0.52%	+173.7%
PRU	Buy	PRUDENTIAL FINANCIAL IN	$5,653,000	+2.9%	53,739	+0.2%	0.52%	-7.0%
LRCX	Buy	LAM RESEARCH CORP	$5,548,000	-8.7%	9,748	+4.4%	0.50%	-17.6%
MS	Sell	MORGAN STANLEY	$5,534,000	+5.0%	56,869	-1.1%	0.50%	-5.3%
NSC	Buy	NORFOLK SOUTHERN CORP	$5,494,000	-5.7%	22,961	+4.6%	0.50%	-14.8%
T	Buy	AT&T INC	$5,442,000	+7.5%	201,479	+14.5%	0.50%	-2.9%
NKE	Sell	NIKE INC	$5,212,000	-7.8%	35,891	-1.9%	0.48%	-16.7%
TMO	Sell	THERMO FISHER SCIENTIFIC	$5,201,000	+12.2%	9,104	-1.0%	0.47%	+1.3%
PFE	Sell	PFIZER INC	$5,194,000	+4.1%	120,764	-5.2%	0.47%	-6.0%
QSR	Buy	RESTURANT BRANDS INTERNATIONAL INC	$5,189,000	+10.0%	84,805	+15.8%	0.47%	-0.8%
OMC	Buy	OMNICOM GROUP INC	$5,168,000	+5.8%	71,320	+16.8%	0.47%	-4.5%
IBM	Buy	IBM	$5,158,000	-2.8%	37,130	+2.6%	0.47%	-12.1%
HAS	Buy	HASBRO INC	$5,144,000	+5.3%	57,657	+11.5%	0.47%	-5.1%
VZ	Buy	VERIZON COMMUNICATION	$5,085,000	+8.1%	94,145	+12.1%	0.46%	-2.3%
EMR	Sell	EMERSON ELECTIC CO	$4,938,000	-2.4%	52,418	-0.3%	0.45%	-11.8%
USB	Buy	US BANCORP DEL	$4,816,000	+4.8%	81,019	+0.4%	0.44%	-5.4%
JNJ	Buy	JOHNSON AND JOHNSON	$4,782,000	+1.1%	29,607	+3.1%	0.44%	-8.8%
SYK	Buy	STRYKER CORP	$4,644,000	+15.0%	17,608	+13.2%	0.42%	+3.9%
EL	Buy	LAUDER ESTEE COS INCcl a	$4,610,000	-5.3%	15,369	+0.5%	0.42%	-14.5%
LIN	Sell	LINDE PLC	$4,407,000	-0.7%	15,023	-2.1%	0.40%	-10.3%
ZTS	Buy	ZOETIS INCclass a	$4,334,000	+17.8%	22,323	+13.1%	0.40%	+6.5%
ADBE	Buy	ADOBE SYSTEMS INC	$4,317,000	-0.5%	7,499	+1.2%	0.39%	-10.3%
XLF	New	SELECT SECTOR SPDR ETFfinancial	$4,309,000	–	114,824	–	0.39%	–
TGT	Sell	TARGET CORP	$4,257,000	-7.1%	18,609	-1.8%	0.39%	-16.0%
BX	Sell	BLACKSTONE GROUP INC	$4,198,000	-1.5%	36,079	-17.7%	0.38%	-11.2%
IQV	Buy	IQVIA HOLDINGS INC	$4,185,000	+11.5%	17,472	+12.8%	0.38%	+0.8%
PM	Sell	PHILIP MORRIS	$4,139,000	-6.3%	43,670	-2.0%	0.38%	-15.5%
DOW	Sell	DOW INC	$4,008,000	-18.1%	69,636	-9.9%	0.36%	-26.0%
NWL	Buy	NEWELL BRANDS INC	$3,987,000	+45.9%	180,060	+81.0%	0.36%	+31.5%
STX	Buy	SEAGATE TECHNOLOGY HOLDINGS PL	$3,980,000	+60.2%	48,228	+70.7%	0.36%	+44.2%
AAP	Buy	ADVANCE AUTO PARTS INC	$3,970,000	+221.7%	19,003	+216.0%	0.36%	+191.1%
DUK	Buy	DUKE ENERGY CORP NEW	$3,830,000	+3.0%	39,248	+4.2%	0.35%	-6.9%
ISRG	Sell	INTUITIVE SURGICAL INC	$3,822,000	+6.3%	3,845	-1.7%	0.35%	-4.1%
LMT	Sell	LOCKHEED MARTIN CORP	$3,771,000	-35.9%	10,926	-29.7%	0.34%	-42.2%
LLY	Sell	LILLY ELI & CO	$3,764,000	-9.1%	16,288	-9.7%	0.34%	-17.9%
XLP	New	SELECT SECTOR SPDR ETFsbi cons stpls	$3,735,000	–	54,254	–	0.34%	–
MRK	Buy	MERCK & CO INC	$3,724,000	-0.5%	49,583	+3.0%	0.34%	-10.1%
PLD	New	PROLOGIS INC	$3,694,000	–	29,453	–	0.34%	–
XBI	Buy	SPDR SERIES TRUSTs&p biotech	$3,694,000	-1.9%	29,387	+5.6%	0.34%	-11.6%
CVS	Sell	CVS CORP	$3,688,000	+1.5%	43,461	-0.2%	0.34%	-8.2%
EXPE	Buy	EXPEDIA GROUP INC	$3,549,000	+246.9%	21,654	+246.4%	0.32%	+213.6%
FTV	Buy	FORTIVE CORP	$3,508,000	+60.3%	49,709	+58.3%	0.32%	+44.3%
CVX	Buy	CHEVRON TEXACO	$3,483,000	-2.2%	34,326	+1.0%	0.32%	-11.7%
XLV	Sell	SELECT SECTOR SPDR ETFsbi healthcare	$3,377,000	-17.5%	26,528	-18.4%	0.31%	-25.7%
HON	Buy	HONEYWELL INTL INC	$3,339,000	+84.2%	15,730	+90.3%	0.30%	+66.1%
WMT	Buy	WAL-MART STORES INC	$3,292,000	+8.0%	23,619	+9.3%	0.30%	-2.3%
EW	Sell	EDWARDS LIFESCIENCES CORP	$3,259,000	+9.3%	28,784	-0.1%	0.30%	-1.3%
CPRT	New	COPART INC	$3,090,000	–	22,278	–	0.28%	–
XOM	Buy	EXXON MOBIL CORP COM	$2,974,000	+32.9%	50,566	+42.5%	0.27%	+19.9%
ADI	Buy	ANALOG DEVICES INC	$2,834,000	+1.9%	16,920	+4.8%	0.26%	-7.9%
AMT	Sell	AMERICAN TOWER CORP	$2,790,000	-15.4%	10,512	-13.9%	0.25%	-23.7%
LOW	Buy	LOWES COMPANIES INC	$2,761,000	+32.9%	13,610	+27.1%	0.25%	+20.1%
VO	Sell	VANGUARD INDEX FDSmid cap etf	$2,709,000	-0.7%	11,440	-0.5%	0.25%	-10.2%
VMC	Buy	VULCAN MATERIALS CO	$2,703,000	+40.1%	15,979	+44.1%	0.25%	+26.2%
ALGN	New	ALIGN TECHNOLOGY INC	$2,654,000	–	3,989	–	0.24%	–
SYY	Sell	SYSCO CORPORATION	$2,589,000	-46.6%	32,979	-47.1%	0.24%	-51.7%
SO	Buy	SOUTHERN COMPANY	$2,563,000	+6.2%	41,353	+3.7%	0.23%	-4.1%
BG	Sell	BUNGE LIMITED	$2,489,000	-52.8%	30,602	-54.6%	0.23%	-57.3%
MCHP	Buy	MICROCHIP TECHNOLOGY INC	$2,486,000	+7.0%	16,195	+4.3%	0.23%	-3.4%
STZ	New	CONSTELLATION BRANDS INCcl a	$2,441,000	–	11,586	–	0.22%	–
ATVI	Buy	ACTIVISION BLIZZARD INC	$2,425,000	+26.4%	31,338	+55.9%	0.22%	+14.5%
LNC	Buy	LINCOLN NATIONAL CORP IND	$2,390,000	+40.8%	34,768	+28.8%	0.22%	+27.5%
ICE	Sell	INTERCONTINENTAL EXCHAN	$2,301,000	-40.6%	20,038	-38.6%	0.21%	-46.5%
ALLY	Buy	ALLY FINANCIAL INC	$2,283,000	+95.3%	44,723	+90.6%	0.21%	+76.3%
FCX	Sell	FREEPORT-MCMORAN INCcl b	$2,258,000	-22.8%	69,420	-11.9%	0.21%	-30.2%
RIO	Buy	RIO TINTO PLCsponsored adr	$2,228,000	-10.9%	33,344	+11.8%	0.20%	-19.4%
MMC	Sell	MARSH & MCLENNAN COS INC	$2,232,000	+7.3%	14,741	-0.3%	0.20%	-3.3%
DG	Sell	DOLLAR GEN CORP NEW	$2,216,000	-17.7%	10,446	-16.0%	0.20%	-25.5%
GS	Sell	GOLDMAN SACHS GROUP INC	$2,179,000	-2.3%	5,765	-1.9%	0.20%	-12.0%
LYFT	Sell	LYFT INC	$2,121,000	-34.7%	39,574	-26.3%	0.19%	-41.2%
EQIX	Sell	EQUINIX INC	$2,123,000	-2.2%	2,687	-0.7%	0.19%	-11.9%
EA	Buy	ELECTRONIC ARTS INC DEL	$2,089,000	+55.7%	14,689	+57.5%	0.19%	+40.7%
CB	Buy	CHUBB LIMITED	$2,086,000	+15.8%	12,024	+6.1%	0.19%	+4.4%
LUV	New	SOUTHWEST AIRLINES CO	$2,049,000	–	39,834	–	0.19%	–
TTE	Buy	TOTAL S Asponsored adr	$2,034,000	+9.4%	42,444	+3.3%	0.18%	-1.1%
BLK	Buy	BLACKROCK INC	$2,010,000	-4.1%	2,397	+0.1%	0.18%	-13.3%
ZBH	Buy	ZIMMER BIOMET HOLDINGS INC	$1,935,000	-6.3%	13,218	+2.9%	0.18%	-15.4%
SPG	Sell	SIMON PROPERTY GROUP INC NEW	$1,913,000	-3.7%	14,718	-3.3%	0.17%	-13.0%
RTX	Sell	RAYTHEON TECHNOLOGIES CORP	$1,856,000	+0.5%	21,594	-0.3%	0.17%	-9.1%
NEE	Sell	NEXTERA ENERGY INC	$1,826,000	-10.2%	23,258	-16.2%	0.17%	-19.0%
BSX	Sell	BOSTON SCIENTIFIC	$1,789,000	-0.9%	41,230	-2.4%	0.16%	-10.4%
SPY	Sell	SPDR S &P 500 ETF TRtr unit	$1,767,000	-0.7%	4,118	-0.9%	0.16%	-10.1%
ODFL	New	OLD DOMINION FREIGHT LINE INC	$1,763,000	–	6,166	–	0.16%	–
WFC	Sell	WELLS FARGO & CO NEW CO	$1,773,000	-34.4%	38,199	-36.0%	0.16%	-40.8%
LYV	Sell	LIVE NATION ENTERTAINMENT INC	$1,603,000	-52.9%	17,588	-54.8%	0.15%	-57.4%
HST	Buy	HOST HOTELS & RESORTS INC	$1,547,000	+20.0%	94,708	+25.6%	0.14%	+8.5%
BKNG	Buy	BOOKING HOLDINGS INC	$1,543,000	+17.7%	650	+8.5%	0.14%	+6.1%
MAA	Sell	MID-AMER APT COMMUNITIES INC	$1,514,000	+5.6%	8,107	-4.8%	0.14%	-4.8%
MLM	New	MARTIN MARIETTA MATLS INC	$1,492,000	–	4,367	–	0.14%	–
SHW	Buy	SHERWIN WILLIAMS CO	$1,423,000	+4.0%	5,089	+1.3%	0.13%	-5.8%
WDC	Buy	WESTERN DIGITAL CORPORATION DEL	$1,432,000	-14.3%	25,366	+8.1%	0.13%	-23.1%
WYNN	Buy	WYNN RESORTS LTD	$1,291,000	-20.7%	15,237	+14.4%	0.12%	-28.0%
ECL	Buy	ECOLAB INC	$1,287,000	+5.8%	6,169	+4.4%	0.12%	-4.9%
HSY	Sell	HERSHEY FOODS CORPORATION	$1,218,000	-3.0%	7,196	-0.2%	0.11%	-12.6%
MOH	Sell	MOLINA HEALTHCARE INC	$1,139,000	+3.7%	4,198	-3.3%	0.10%	-6.3%
EAT	Buy	BRINKER INTERNATIONAL INC	$1,003,000	-15.9%	20,444	+6.1%	0.09%	-24.2%
IBB	Sell	ISHARES TRUSTnasdq bio indx	$854,000	-78.0%	5,285	-77.7%	0.08%	-80.1%
BRKB	Sell	BERKSHIRE HATHAWAYcl b new	$848,000	-4.2%	3,106	-2.5%	0.08%	-13.5%
INTC	Sell	INTEL INC	$700,000	-8.5%	13,134	-3.6%	0.06%	-16.9%
PYPL	Sell	PAYPAL HLDGS INC	$628,000	-10.8%	2,414	-0.1%	0.06%	-19.7%
IJR	Sell	ISHARES TRUSTcore s&p scp etf	$537,000	-25.8%	4,914	-23.3%	0.05%	-32.9%
MNST	Sell	MONSTER BEVERAGE CORP NEW	$508,000	-22.9%	5,722	-20.6%	0.05%	-30.3%
CSCO	Sell	CISCO SYSTEMS	$500,000	-4.6%	9,191	-7.0%	0.05%	-13.2%
CENTA	New	CENTRAL GARDEN & PET COcl a & non-vtg	$496,000	–	11,540	–	0.04%	–
ROST	Sell	ROSS STORES INC	$446,000	-81.4%	4,102	-78.8%	0.04%	-83.1%
PG	Sell	PROCTER AND GAMBLE COMP	$437,000	-12.2%	3,124	-15.4%	0.04%	-20.0%
PEP	Sell	PEPSICO INC	$348,000	-1.7%	2,318	-3.0%	0.03%	-11.1%
CAT	Sell	CATERPILLAR TRACTOR COMPANY	$340,000	-93.5%	1,775	-92.6%	0.03%	-94.1%
XLB	Sell	SELECT SECTOR SPDR ETFsbi materials	$339,000	-85.6%	4,282	-85.1%	0.03%	-87.0%
XEL	Buy	XCEL ENERGY INC	$325,000	+48.4%	5,208	+56.9%	0.03%	+36.4%
IJJ	Sell	ISHARES TRUSTs&p mc 400vl etf	$266,000	-2.2%	2,577	-0.3%	0.02%	-11.1%
CHTR	Sell	CHARTER COMMUNICATIONS INC	$261,000	-15.3%	359	-16.1%	0.02%	-22.6%
MCD	Sell	MCDONALDS CORP	$258,000	-14.0%	1,070	-17.7%	0.02%	-23.3%
CAG	Sell	CONAGRA FOOD INC	$217,000	-8.4%	6,419	-1.4%	0.02%	-16.7%
MDLZ	Sell	MONDELEZ INTL INCcl a	$224,000	-13.8%	3,849	-7.7%	0.02%	-23.1%
IEF	Sell	ISHARES TRUST7-10 y tr bd etf	$207,000	-47.6%	1,795	-47.5%	0.02%	-52.5%
FDX	Exit	FEDEX CORPORATION	$0	–	-694	–	-0.02%	–
ALE	Exit	ALLETE COM	$0	–	-3,116	–	-0.02%	–
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-21,706	–	-0.03%	–
YELP	Exit	YELP INCcl a	$0	–	-23,119	–	-0.09%	–
WWE	Exit	WORLD WRESTLING ENTERTAINMENT INCcl a	$0	–	-17,775	–	-0.10%	–
CCEP	Exit	COCA-COLA EUROPACIFIC PARTNERS	$0	–	-20,391	–	-0.12%	–
WELL	Exit	WELLTOWER INC	$0	–	-14,782	–	-0.12%	–
GM	Exit	GENERAL MOTORS CO	$0	–	-24,112	–	-0.14%	–
XLI	Exit	SELECT SECTOR SPDR ETFsbi int-inds	$0	–	-14,020	–	-0.14%	–
SYF	Exit	SYNCHRONY FINANCIAL	$0	–	-30,133	–	-0.15%	–
XLY	Exit	SELECT SECTOR SPDR ETFsbi cons discr	$0	–	-8,302	–	-0.15%	–
VIAC	Exit	VIACOMCBS INCcl b	$0	–	-33,749	–	-0.15%	–
ADS	Exit	ALLIANCE DATA SYSTEMS	$0	–	-15,045	–	-0.16%	–
UAL	Exit	UNITED AIRLS HLDGS INC	$0	–	-32,920	–	-0.17%	–
ELAN	Exit	ELANCO ANIMAL HEALTH INC	$0	–	-59,341	–	-0.21%	–
DAL	Exit	DELTA AIRLINES	$0	–	-47,848	–	-0.21%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-37,518	–	-0.24%	–
TAP	Exit	MOLSON COORS BEVERAGE CO	$0	–	-48,064	–	-0.26%	–
SOXX	Exit	ISHARES TRUSTphlx semicond etf	$0	–	-5,861	–	-0.27%	–
TJX	Exit	TJX COMPANIES	$0	–	-47,780	–	-0.32%	–

Q2 2021

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$71,510,000	–	181,719	–	7.21%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$68,194,000	–	591,298	–	6.88%	–
ALRS	New	ALERUS FINANCIAL CORP	$56,762,000	–	1,956,659	–	5.72%	–
IWM	New	ISHARES TRUSTrussell 2000	$44,892,000	–	195,718	–	4.53%	–
AAPL	New	APPLE COMPUTER	$43,116,000	–	314,811	–	4.35%	–
MSFT	New	MICROSOFT INC	$42,194,000	–	155,753	–	4.26%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$29,915,000	–	377,517	–	3.02%	–
GOOGL	New	ALPHABET INC	$23,315,000	–	9,548	–	2.35%	–
AMZN	New	AMAZON.COM INC	$22,000,000	–	6,395	–	2.22%	–
JPM	New	JP MORGAN CHASE & CO	$18,055,000	–	116,079	–	1.82%	–
VCLT	New	VANGUARD SCOTTSDALE FDSshort term treas	$15,653,000	–	146,368	–	1.58%	–
XLE	New	SELECT SECTOR SPDR ETFenergy	$14,831,000	–	275,309	–	1.50%	–
FB	New	FACEBOOK INC	$13,730,000	–	39,489	–	1.38%	–
GLD	New	SPDR GOLD TRUST	$12,021,000	–	72,580	–	1.21%	–
V	New	VISA INC	$11,548,000	–	49,388	–	1.16%	–
ETN	New	EATON CORP PLC	$10,592,000	–	71,479	–	1.07%	–
HD	New	HOME DEPOT INC	$9,831,000	–	30,829	–	0.99%	–
BAC	New	BANK OF AMERICA	$9,600,000	–	232,837	–	0.97%	–
ACN	New	ACCENTURE PLC IRELAND	$9,550,000	–	32,396	–	0.96%	–
TXN	New	TEXAS INSTRUMENTS INC	$9,201,000	–	47,847	–	0.93%	–
NVDA	New	NIVIDIA CORP	$8,874,000	–	11,092	–	0.90%	–
MA	New	MASTERCARD INCORPORATED	$8,863,000	–	24,276	–	0.89%	–
KO	New	COCA COLA COMPANY	$8,835,000	–	163,267	–	0.89%	–
DIS	New	DISNEY	$8,590,000	–	48,870	–	0.87%	–
MDT	New	MEDTRONIC HLDG PLC	$8,103,000	–	65,280	–	0.82%	–
UNH	New	UNITEDHEALTH GROUP INC	$8,060,000	–	20,128	–	0.81%	–
CRM	New	SALESFORCE.COM INC	$7,688,000	–	31,474	–	0.78%	–
AVGO	New	BROADCOM INC	$7,628,000	–	15,998	–	0.77%	–
DE	New	DEERE & CO	$6,802,000	–	19,285	–	0.69%	–
ABT	New	ABBOTT LABORATORIES	$6,705,000	–	57,835	–	0.68%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$6,225,000	–	61,155	–	0.63%	–
LRCX	New	LAM RESEARCH CORP	$6,078,000	–	9,341	–	0.61%	–
DHR	New	DANAHER CORPORATION	$5,934,000	–	22,112	–	0.60%	–
LMT	New	LOCKHEED MARTIN CORP	$5,879,000	–	15,539	–	0.59%	–
NSC	New	NORFOLK SOUTHERN CORP	$5,824,000	–	21,942	–	0.59%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$5,813,000	–	32,835	–	0.59%	–
NKE	New	NIKE INC	$5,655,000	–	36,601	–	0.57%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$5,493,000	–	53,609	–	0.55%	–
IBM	New	IBM	$5,307,000	–	36,200	–	0.54%	–
MS	New	MORGAN STANLEY	$5,272,000	–	57,500	–	0.53%	–
BG	New	BUNGE LIMITED	$5,271,000	–	67,448	–	0.53%	–
CAT	New	CATERPILLAR TRACTOR COMPANY	$5,215,000	–	23,965	–	0.53%	–
EMR	New	EMERSON ELECTIC CO	$5,062,000	–	52,597	–	0.51%	–
T	New	AT&T INC	$5,062,000	–	175,888	–	0.51%	–
MET	New	METLIFE INC	$5,017,000	–	83,833	–	0.51%	–
PFE	New	PFIZER INC	$4,988,000	–	127,375	–	0.50%	–
DOW	New	DOW INC	$4,893,000	–	77,322	–	0.49%	–
OMC	New	OMNICOM GROUP INC	$4,884,000	–	61,061	–	0.49%	–
HAS	New	HASBRO INC	$4,886,000	–	51,695	–	0.49%	–
EL	New	LAUDER ESTEE COS INCcl a	$4,866,000	–	15,297	–	0.49%	–
SYY	New	SYSCO CORPORATION	$4,847,000	–	62,347	–	0.49%	–
JNJ	New	JOHNSON AND JOHNSON	$4,730,000	–	28,711	–	0.48%	–
QSR	New	RESTURANT BRANDS INTERNATIONAL INC	$4,719,000	–	73,232	–	0.48%	–
VZ	New	VERIZON COMMUNICATION	$4,705,000	–	83,970	–	0.47%	–
TMO	New	THERMO FISHER SCIENTIFIC	$4,637,000	–	9,192	–	0.47%	–
USB	New	US BANCORP DEL	$4,596,000	–	80,681	–	0.46%	–
TGT	New	TARGET CORP	$4,582,000	–	18,956	–	0.46%	–
LIN	New	LINDE PLC	$4,437,000	–	15,345	–	0.45%	–
PM	New	PHILIP MORRIS	$4,418,000	–	44,573	–	0.45%	–
ADBE	New	ADOBE SYSTEMS INC	$4,339,000	–	7,408	–	0.44%	–
BX	New	BLACKSTONE GROUP INC	$4,260,000	–	43,859	–	0.43%	–
XLK	New	SELECT SECTOR SPDR ETFtechnology	$4,177,000	–	28,290	–	0.42%	–
LLY	New	LILLY ELI & CO	$4,140,000	–	18,038	–	0.42%	–
XLV	New	SELECT SECTOR SPDR ETFsbi healthcare	$4,092,000	–	32,492	–	0.41%	–
SYK	New	STRYKER CORP	$4,040,000	–	15,554	–	0.41%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$3,886,000	–	23,747	–	0.39%	–
ICE	New	INTERCONTINENTAL EXCHAN	$3,877,000	–	32,661	–	0.39%	–
XBI	New	SPDR SERIES TRUSTs&p biotech	$3,766,000	–	27,816	–	0.38%	–
IQV	New	IQVIA HOLDINGS INC	$3,752,000	–	15,487	–	0.38%	–
AXP	New	AMERICAN EXPRESS CO	$3,753,000	–	22,717	–	0.38%	–
MRK	New	MERCK & CO INC	$3,743,000	–	48,129	–	0.38%	–
DUK	New	DUKE ENERGY CORP NEW	$3,719,000	–	37,670	–	0.38%	–
ZTS	New	ZOETIS INCclass a	$3,678,000	–	19,740	–	0.37%	–
CVS	New	CVS CORP	$3,633,000	–	43,538	–	0.37%	–
ISRG	New	INTUITIVE SURGICAL INC	$3,597,000	–	3,911	–	0.36%	–
CVX	New	CHEVRON TEXACO	$3,561,000	–	33,998	–	0.36%	–
LYV	New	LIVE NATION ENTERTAINMENT INC	$3,405,000	–	38,879	–	0.34%	–
AMT	New	AMERICAN TOWER CORP	$3,299,000	–	12,212	–	0.33%	–
LYFT	New	LYFT INC	$3,248,000	–	53,707	–	0.33%	–
TJX	New	TJX COMPANIES	$3,221,000	–	47,780	–	0.32%	–
WMT	New	WAL-MART STORES INC	$3,047,000	–	21,611	–	0.31%	–
TSLA	New	TESLA INC	$2,997,000	–	4,410	–	0.30%	–
EW	New	EDWARDS LIFESCIENCES CORP	$2,983,000	–	28,807	–	0.30%	–
FCX	New	FREEPORT-MCMORAN INCcl b	$2,923,000	–	78,776	–	0.30%	–
ADI	New	ANALOG DEVICES INC	$2,780,000	–	16,147	–	0.28%	–
NWL	New	NEWELL BRANDS INC	$2,733,000	–	99,508	–	0.28%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$2,729,000	–	11,498	–	0.28%	–
WFC	New	WELLS FARGO & CO NEW CO	$2,702,000	–	59,660	–	0.27%	–
DG	New	DOLLAR GEN CORP NEW	$2,692,000	–	12,440	–	0.27%	–
SOXX	New	ISHARES TRUSTphlx semicond etf	$2,662,000	–	5,861	–	0.27%	–
TAP	New	MOLSON COORS BEVERAGE CO	$2,581,000	–	48,064	–	0.26%	–
RIO	New	RIO TINTO PLCsponsored adr	$2,501,000	–	29,815	–	0.25%	–
STX	New	SEAGATE TECHNOLOGY HOLDINGS PL	$2,484,000	–	28,252	–	0.25%	–
SO	New	SOUTHERN COMPANY	$2,413,000	–	39,879	–	0.24%	–
ROST	New	ROSS STORES INC	$2,399,000	–	19,347	–	0.24%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$2,372,000	–	37,518	–	0.24%	–
XLB	New	SELECT SECTOR SPDR ETFsbi materials	$2,362,000	–	28,702	–	0.24%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$2,324,000	–	15,523	–	0.23%	–
XOM	New	EXXON MOBIL CORP COM	$2,238,000	–	35,481	–	0.23%	–
GS	New	GOLDMAN SACHS GROUP INC	$2,230,000	–	5,876	–	0.22%	–
FTV	New	FORTIVE CORP	$2,189,000	–	31,393	–	0.22%	–
EQIX	New	EQUINIX INC	$2,171,000	–	2,705	–	0.22%	–
BLK	New	BLACKROCK INC	$2,095,000	–	2,394	–	0.21%	–
MMC	New	MARSH & MCLENNAN COS INC	$2,080,000	–	14,787	–	0.21%	–
LOW	New	LOWES COMPANIES INC	$2,077,000	–	10,708	–	0.21%	–
DAL	New	DELTA AIRLINES	$2,070,000	–	47,848	–	0.21%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$2,068,000	–	4,810	–	0.21%	–
ZBH	New	ZIMMER BIOMET HOLDINGS INC	$2,066,000	–	12,846	–	0.21%	–
ELAN	New	ELANCO ANIMAL HEALTH INC	$2,059,000	–	59,341	–	0.21%	–
NEE	New	NEXTERA ENERGY INC	$2,034,000	–	27,764	–	0.20%	–
SPG	New	SIMON PROPERTY GROUP INC NEW	$1,986,000	–	15,220	–	0.20%	–
VMC	New	VULCAN MATERIALS CO	$1,930,000	–	11,086	–	0.20%	–
ATVI	New	ACTIVISION BLIZZARD INC	$1,918,000	–	20,099	–	0.19%	–
NFLX	New	NETFLIX INC	$1,885,000	–	3,568	–	0.19%	–
TTE	New	TOTAL S Asponsored adr	$1,859,000	–	41,084	–	0.19%	–
RTX	New	RAYTHEON TECHNOLOGIES CORP	$1,847,000	–	21,651	–	0.19%	–
HON	New	HONEYWELL INTL INC	$1,813,000	–	8,265	–	0.18%	–
CB	New	CHUBB LIMITED	$1,802,000	–	11,334	–	0.18%	–
BSX	New	BOSTON SCIENTIFIC	$1,806,000	–	42,251	–	0.18%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$1,779,000	–	4,155	–	0.18%	–
UAL	New	UNITED AIRLS HLDGS INC	$1,721,000	–	32,920	–	0.17%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,726,000	–	23,727	–	0.17%	–
LNC	New	LINCOLN NATIONAL CORP IND	$1,697,000	–	27,000	–	0.17%	–
WDC	New	WESTERN DIGITAL CORPORATION DEL	$1,671,000	–	23,475	–	0.17%	–
WYNN	New	WYNN RESORTS LTD	$1,629,000	–	13,321	–	0.16%	–
ADS	New	ALLIANCE DATA SYSTEMS	$1,568,000	–	15,045	–	0.16%	–
VIAC	New	VIACOMCBS INCcl b	$1,525,000	–	33,749	–	0.15%	–
XLY	New	SELECT SECTOR SPDR ETFsbi cons discr	$1,482,000	–	8,302	–	0.15%	–
SYF	New	SYNCHRONY FINANCIAL	$1,462,000	–	30,133	–	0.15%	–
XLI	New	SELECT SECTOR SPDR ETFsbi int-inds	$1,436,000	–	14,020	–	0.14%	–
MAA	New	MID-AMER APT COMMUNITIES INC	$1,434,000	–	8,516	–	0.14%	–
GM	New	GENERAL MOTORS CO	$1,427,000	–	24,112	–	0.14%	–
SHW	New	SHERWIN WILLIAMS CO	$1,368,000	–	5,022	–	0.14%	–
EA	New	ELECTRONIC ARTS INC DEL	$1,342,000	–	9,324	–	0.14%	–
BKNG	New	BOOKING HOLDINGS INC	$1,311,000	–	599	–	0.13%	–
HST	New	HOST HOTELS & RESORTS INC	$1,289,000	–	75,418	–	0.13%	–
HSY	New	HERSHEY FOODS CORPORATION	$1,256,000	–	7,213	–	0.13%	–
WELL	New	WELLTOWER INC	$1,228,000	–	14,782	–	0.12%	–
AAP	New	ADVANCE AUTO PARTS INC	$1,234,000	–	6,014	–	0.12%	–
ECL	New	ECOLAB INC	$1,217,000	–	5,908	–	0.12%	–
CCEP	New	COCA-COLA EUROPACIFIC PARTNERS	$1,210,000	–	20,391	–	0.12%	–
EAT	New	BRINKER INTERNATIONAL INC	$1,192,000	–	19,268	–	0.12%	–
ALLY	New	ALLY FINANCIAL INC	$1,169,000	–	23,464	–	0.12%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$1,145,000	–	5,705	–	0.12%	–
MOH	New	MOLINA HEALTHCARE INC	$1,098,000	–	4,341	–	0.11%	–
WWE	New	WORLD WRESTLING ENTERTAINMENT INCcl a	$1,029,000	–	17,775	–	0.10%	–
EXPE	New	EXPEDIA GROUP INC	$1,023,000	–	6,251	–	0.10%	–
DVY	New	ISHARES TRUSTdj sel div inx	$986,000	–	8,458	–	0.10%	–
YELP	New	YELP INCcl a	$924,000	–	23,119	–	0.09%	–
BRKB	New	BERKSHIRE HATHAWAYcl b new	$885,000	–	3,185	–	0.09%	–
INTC	New	INTEL INC	$765,000	–	13,618	–	0.08%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$757,000	–	7,060	–	0.08%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$724,000	–	6,404	–	0.07%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$714,000	–	2,657	–	0.07%	–
PYPL	New	PAYPAL HLDGS INC	$704,000	–	2,416	–	0.07%	–
MNST	New	MONSTER BEVERAGE CORP NEW	$659,000	–	7,210	–	0.07%	–
QCOM	New	QUALCOMM INC	$579,000	–	4,050	–	0.06%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$549,000	–	6,784	–	0.06%	–
EFV	New	ISHARES TRUSTeafe value etf	$539,000	–	10,408	–	0.05%	–
CSCO	New	CISCO SYSTEMS	$524,000	–	9,878	–	0.05%	–
PG	New	PROCTER AND GAMBLE COMP	$498,000	–	3,691	–	0.05%	–
GWW	New	GRAINGER W W INC	$472,000	–	1,078	–	0.05%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$437,000	–	7,920	–	0.04%	–
BRKA	New	BERKSHIRE HATHAWAYcl a	$419,000	–	1	–	0.04%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$395,000	–	3,421	–	0.04%	–
PEP	New	PEPSICO INC	$354,000	–	2,389	–	0.04%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$352,000	–	1,561	–	0.04%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$337,000	–	3,923	–	0.03%	–
CMCSA	New	COMCAST CORP	$342,000	–	6,004	–	0.03%	–
NUE	New	NUCOR CORPORATION	$337,000	–	3,512	–	0.03%	–
CHTR	New	CHARTER COMMUNICATIONS INC	$308,000	–	428	–	0.03%	–
MCD	New	MCDONALDS CORP	$300,000	–	1,300	–	0.03%	–
IDXX	New	IDEXX LABORATORIES	$296,000	–	468	–	0.03%	–
GE	New	GENERAL ELECTRIC COMPAN	$292,000	–	21,706	–	0.03%	–
COST	New	COSTCO WHSL CORP	$280,000	–	708	–	0.03%	–
IJJ	New	ISHARES TRUSTs&p mc 400vl etf	$272,000	–	2,584	–	0.03%	–
MDLZ	New	MONDELEZ INTL INCcl a	$260,000	–	4,169	–	0.03%	–
CAG	New	CONAGRA FOOD INC	$237,000	–	6,512	–	0.02%	–
CHE	New	CHEMED CORP	$237,000	–	500	–	0.02%	–
ORLY	New	O REILLY AUTOMOTIVE INC	$228,000	–	403	–	0.02%	–
IVE	New	ISHARES TRUSTs & p 500 val etf	$230,000	–	1,561	–	0.02%	–
EFA	New	ISHARES TRUSTmsci eafe etf	$216,000	–	2,744	–	0.02%	–
XEL	New	XCEL ENERGY INC	$219,000	–	3,320	–	0.02%	–
ALE	New	ALLETE COM	$218,000	–	3,116	–	0.02%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$206,000	–	2,720	–	0.02%	–
WRAP	New	WRAP TECHNOLOGIES INC	$210,000	–	26,760	–	0.02%	–
FDX	New	FEDEX CORPORATION	$207,000	–	694	–	0.02%	–
OTTR	New	OTTER TAIL CORP	$201,000	–	4,117	–	0.02%	–
INO	New	INOVIO PHARMACEUTICALS INC	$185,000	–	20,000	–	0.02%	–
SELB	New	SELECTA BIOSCIENCES, INC	$42,000	–	10,000	–	0.00%	–

Q4 2020

			Value		Shares		↓ Weighting
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-21,706	–	-0.02%	–
MAR	Exit	MARRIOTT INTL INC NEWcl a	$0	–	-2,205	–	-0.02%	–
CME	Exit	CME GROUP INC	$0	–	-1,230	–	-0.02%	–
INO	Exit	INOVIO PHARMACEUTICALS INC	$0	–	-20,000	–	-0.03%	–
CHE	Exit	CHEMED CORP	$0	–	-500	–	-0.03%	–
CF	Exit	CF INDUSTRIES HOLDINGS	$0	–	-7,875	–	-0.03%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,561	–	-0.03%	–
MKC	Exit	MCCORMICK & CO	$0	–	-1,358	–	-0.03%	–
CMCSA	Exit	COMCAST CORP	$0	–	-5,927	–	-0.03%	–
BA	Exit	BOEING COMPANY	$0	–	-1,736	–	-0.03%	–
IYR	Exit	ISHARES TRUSTus real estate etf	$0	–	-3,855	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAYcl a	$0	–	-1	–	-0.04%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-7,292	–	-0.04%	–
CTSH	Exit	COGNIZANT TECH SOLUTION	$0	–	-4,791	–	-0.04%	–
COST	Exit	COSTCO WHSL CORP	$0	–	-928	–	-0.04%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-14,294	–	-0.04%	–
GWW	Exit	GRAINGER W W INC	$0	–	-1,058	–	-0.04%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-1,696	–	-0.05%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.05%	–
ZM	Exit	ZOOM VIDEO COMMUNICATIONS INC	$0	–	-900	–	-0.05%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-5,151	–	-0.05%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-6,404	–	-0.05%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-2,659	–	-0.06%	–
EXPE	Exit	EXPEDIA GROUP INC	$0	–	-5,387	–	-0.06%	–
ORCL	Exit	ORACLE CORPORATION	$0	–	-8,576	–	-0.06%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-2,669	–	-0.06%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.07%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-16,756	–	-0.07%	–
LULU	Exit	LULULEMON ATHLETICA INC	$0	–	-2,034	–	-0.08%	–
WYNN	Exit	WYNN RESORTS LTD	$0	–	-9,392	–	-0.08%	–
NOC	Exit	NORTHRUP GRUMMAN CORP	$0	–	-2,171	–	-0.08%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-8,458	–	-0.08%	–
OMC	Exit	OMNICOM GROUP INC	$0	–	-14,695	–	-0.08%	–
BLK	Exit	BLACKROCK INC	$0	–	-1,395	–	-0.09%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-11,294	–	-0.10%	–
INTC	Exit	INTEL INC	$0	–	-16,985	–	-0.10%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.10%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-36,322	–	-0.10%	–
LW	Exit	LAMB WESTON HOLDINGS INC	$0	–	-13,875	–	-0.10%	–
FAST	Exit	FASTENAL CO	$0	–	-20,777	–	-0.10%	–
GS	Exit	GOLDMAN SACHS GROUP INC	$0	–	-4,680	–	-0.11%	–
MNST	Exit	MONSTER BEVERAGE CORP NEW	$0	–	-11,950	–	-0.11%	–
MOH	Exit	MOLINA HEALTHCARE INC	$0	–	-5,311	–	-0.11%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-10,669	–	-0.12%	–
MAS	Exit	MASCO CORP	$0	–	-20,891	–	-0.13%	–
EW	Exit	EDWARDS LIFESCIENCES CORP	$0	–	-14,747	–	-0.13%	–
CAG	Exit	CONAGRA FOOD INC	$0	–	-33,029	–	-0.13%	–
XHB	Exit	SPDR SERIES TRUSTs&p homebuild	$0	–	-21,964	–	-0.13%	–
ADSK	Exit	AUTODESK INC	$0	–	-5,194	–	-0.14%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-36,068	–	-0.14%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-7,576	–	-0.14%	–
USB	Exit	US BANCORP DEL	$0	–	-35,292	–	-0.14%	–
IQV	Exit	IQVIA HOLDINGS INC	$0	–	-8,134	–	-0.14%	–
MMC	Exit	MARSH & MCLENNAN COS INC	$0	–	-11,566	–	-0.15%	–
AON	Exit	AON PLC	$0	–	-6,432	–	-0.15%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-5,969	–	-0.16%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-15,124	–	-0.16%	–
SBAC	Exit	SBA COMMUNICATIONScl a	$0	–	-4,919	–	-0.18%	–
VIAC	Exit	VIACOMCBS INCclass b	$0	–	-57,112	–	-0.18%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-4,760	–	-0.18%	–
XLU	Exit	SELECT SECTOR SPDR ETFsbi int-utils	$0	–	-27,977	–	-0.19%	–
LRCX	Exit	LAM RESEARCH CORP	$0	–	-4,994	–	-0.19%	–
TJX	Exit	TJX COMPANIES	$0	–	-30,684	–	-0.19%	–
XLB	Exit	SELECT SECTOR SPDR ETFsbi materials	$0	–	-29,837	–	-0.21%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-15,813	–	-0.22%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-8,969	–	-0.22%	–
SYY	Exit	SYSCO CORPORATION	$0	–	-32,283	–	-0.23%	–
ECL	Exit	ECOLAB INC	$0	–	-10,217	–	-0.23%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-3,022	–	-0.24%	–
SHW	Exit	SHERWIN WILLIAMS CO	$0	–	-3,094	–	-0.24%	–
XBI	Exit	SPDR SERIES TRUSTs&p biotech	$0	–	-20,224	–	-0.25%	–
MET	Exit	METLIFE INC	$0	–	-60,856	–	-0.26%	–
BSX	Exit	BOSTON SCIENTIFIC	$0	–	-61,423	–	-0.26%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-30,055	–	-0.28%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-11,868	–	-0.28%	–
XEL	Exit	XCEL ENERGY INC	$0	–	-36,140	–	-0.28%	–
BX	Exit	BLACKSTONE GROUP INC	$0	–	-47,893	–	-0.28%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-15,131	–	-0.28%	–
MS	Exit	MORGAN STANLEY	$0	–	-52,982	–	-0.29%	–
ZTS	Exit	ZOETIS INCclass a	$0	–	-15,677	–	-0.29%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-19,860	–	-0.29%	–
C	Exit	CITIGROUP INC	$0	–	-60,802	–	-0.30%	–
CHTR	Exit	CHARTER COMMUNICATIONS INC	$0	–	-4,222	–	-0.30%	–
BLL	Exit	BALL CORPORATION	$0	–	-32,212	–	-0.30%	–
XLV	Exit	SELECT SECTOR SPDR ETFsbi healthcare	$0	–	-25,437	–	-0.30%	–
CVS	Exit	CVS CORP	$0	–	-48,006	–	-0.32%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-44,657	–	-0.32%	–
TTWO	Exit	TAKE-2 INTERACTIVE SOFTWAR	$0	–	-17,286	–	-0.32%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-37,696	–	-0.34%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-22,505	–	-0.34%	–
XLE	Exit	SELECT SECTOR SPDR ETFenergy	$0	–	-101,712	–	-0.34%	–
SYK	Exit	STRYKER CORP	$0	–	-15,106	–	-0.35%	–
PEP	Exit	PEPSICO INC	$0	–	-23,116	–	-0.36%	–
NFLX	Exit	NETFLIX INC	$0	–	-6,704	–	-0.38%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-58,665	–	-0.38%	–
PM	Exit	PHILIP MORRIS	$0	–	-45,785	–	-0.39%	–
ROST	Exit	ROSS STORES INC	$0	–	-37,544	–	-0.39%	–
EQIX	Exit	EQUINIX INC	$0	–	-4,655	–	-0.40%	–
BDX	Exit	BECTON DICKINSON & COMP	$0	–	-15,367	–	-0.40%	–
DIS	Exit	DISNEY	$0	–	-29,017	–	-0.40%	–
MCD	Exit	MCDONALDS CORP	$0	–	-16,679	–	-0.41%	–
LLY	Exit	LILLY ELI & CO	$0	–	-25,171	–	-0.42%	–
MRK	Exit	MERCK & CO INC	$0	–	-45,201	–	-0.42%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-37,962	–	-0.43%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-58,607	–	-0.43%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-71,797	–	-0.44%	–
QSR	Exit	RESTURANT BRANDS INTERNATIONAL INC	$0	–	-68,102	–	-0.44%	–
LIN	Exit	LINDE PLC	$0	–	-16,819	–	-0.45%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-49,457	–	-0.45%	–
DE	Exit	DEERE & CO	$0	–	-18,310	–	-0.46%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-9,242	–	-0.46%	–
FTV	Exit	FORTIVE CORP	$0	–	-53,729	–	-0.46%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-109,766	–	-0.46%	–
BRKB	Exit	BERKSHIRE HATHAWAYcl b new	$0	–	-19,425	–	-0.47%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-57,924	–	-0.47%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-15,108	–	-0.47%	–
KO	Exit	COCA COLA COMPANY	$0	–	-86,825	–	-0.48%	–
T	Exit	AT&T INC	$0	–	-152,956	–	-0.49%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-18,674	–	-0.51%	–
IBM	Exit	IBM	$0	–	-37,686	–	-0.52%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-21,915	–	-0.53%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-53,428	–	-0.53%	–
TLT	Exit	ISHARES TRUST20 yr tr bd etf	$0	–	-29,871	–	-0.55%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-85,946	–	-0.58%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-37,468	–	-0.59%	–
XLP	Exit	SELECT SECTOR SPDR ETFsbi cons stpls	$0	–	-81,678	–	-0.59%	–
WMT	Exit	WAL-MART STORES INC	$0	–	-38,125	–	-0.60%	–
HAS	Exit	HASBRO INC	$0	–	-64,522	–	-0.60%	–
NKE	Exit	NIKE INC	$0	–	-43,159	–	-0.61%	–
TGT	Exit	TARGET CORP	$0	–	-35,320	–	-0.63%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-25,877	–	-0.63%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-14,660	–	-0.63%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-58,017	–	-0.65%	–
PFE	Exit	PFIZER INC	$0	–	-168,167	–	-0.70%	–
BAC	Exit	BANK OF AMERICA	$0	–	-263,226	–	-0.71%	–
AVGO	Exit	BROADCOM INC	$0	–	-17,467	–	-0.72%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-58,975	–	-0.72%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-26,446	–	-0.75%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-13,715	–	-0.76%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-65,302	–	-0.76%	–
NVDA	Exit	NIVIDIA CORP	$0	–	-12,887	–	-0.78%	–
XLI	Exit	SELECT SECTOR SPDR ETFsbi int-inds	$0	–	-94,405	–	-0.82%	–
ETN	Exit	EATON CORP PLC	$0	–	-77,268	–	-0.89%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-25,509	–	-0.90%	–
HD	Exit	HOME DEPOT INC	$0	–	-31,621	–	-0.99%	–
TXN	Exit	TEXAS INSTRUMENTS INC	$0	–	-67,413	–	-1.08%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-45,464	–	-1.16%	–
IWN	Exit	ISHARES TRUSTrus 2000 val etf	$0	–	-106,715	–	-1.19%	–
XLK	Exit	SELECT SECTOR SPDR ETFtechnology	$0	–	-91,049	–	-1.20%	–
V	Exit	VISA INC	$0	–	-53,292	–	-1.20%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-74,616	–	-1.25%	–
FB	Exit	FACEBOOK INC	$0	–	-44,679	–	-1.32%	–
GLD	Exit	SPDR GOLD TRUST	$0	–	-72,580	–	-1.45%	–
VCLT	Exit	VANGUARD SCOTTSDALE FDSshort term treas	$0	–	-122,292	–	-1.47%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-234,681	–	-1.52%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-140,153	–	-1.52%	–
GOOGL	Exit	ALPHABET INC	$0	–	-9,626	–	-1.59%	–
AMZN	Exit	AMAZON.COM INC	$0	–	-6,191	–	-2.19%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-63,839	–	-2.41%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-331,106	–	-4.32%	–
ALRS	Exit	ALERUS FINANCIAL CORP	$0	–	-2,081,084	–	-4.59%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-287,462	–	-4.85%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-554,109	–	-7.36%	–
MSFT	Exit	MICROSOFT INC	$0	–	-312,494	–	-7.40%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-223,030	–	-7.72%	–

Q3 2020

			Value		Shares		↓ Weighting
VOO	Sell	VANGUARD INDEX FDSs&p 500 eft sh	$68,615,000	-1.3%	223,030	-9.1%	7.72%	-5.6%
MSFT	Sell	MICROSOFT INC	$65,726,000	+3.0%	312,494	-0.3%	7.40%	-1.4%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$65,418,000	+7.2%	554,109	+7.3%	7.36%	+2.6%
IWM	Sell	ISHARES TRUSTrussell 2000	$43,059,000	+1.6%	287,462	-2.9%	4.85%	-2.8%
ALRS	Buy	ALERUS FINANCIAL CORP	$40,789,000	+1.3%	2,081,084	+2.1%	4.59%	-3.0%
AAPL	Buy	APPLE COMPUTER	$38,345,000	+22.5%	331,106	+286.0%	4.32%	+17.3%
SPY	Sell	SPDR S &P 500 ETF TRtr unit	$21,379,000	-3.5%	63,839	-11.2%	2.41%	-7.7%
AMZN	Sell	AMAZON.COM INC	$19,494,000	+8.1%	6,191	-5.3%	2.19%	+3.4%
GOOGL	Sell	ALPHABET INC	$14,108,000	+0.4%	9,626	-2.8%	1.59%	-3.9%
JPM	Sell	JP MORGAN CHASE & CO	$13,493,000	-0.4%	140,153	-2.7%	1.52%	-4.6%
IWR	Sell	ISHARES RUSSELL MIDCAPx fdetf	$13,466,000	+2.7%	234,681	-4.0%	1.52%	-1.7%
VCLT	Buy	VANGUARD SCOTTSDALE FDSshort term treas	$13,071,000	+116.6%	122,292	+115.3%	1.47%	+107.2%
FB	Sell	FACEBOOK INC	$11,701,000	+11.8%	44,679	-3.1%	1.32%	+7.0%
JNJ	Sell	JOHNSON AND JOHNSON	$11,109,000	-2.7%	74,616	-8.1%	1.25%	-6.9%
V	Sell	VISA INC	$10,657,000	+1.4%	53,292	-2.0%	1.20%	-2.8%
XLK	Sell	SELECT SECTOR SPDR ETFtechnology	$10,625,000	-14.2%	91,049	-23.2%	1.20%	-17.9%
IWN	Buy	ISHARES TRUSTrus 2000 val etf	$10,600,000	+6.8%	106,715	+4.8%	1.19%	+2.2%
ACN	Buy	ACCENTURE PLC IRELAND	$10,274,000	+45.4%	45,464	+38.2%	1.16%	+39.1%
TXN	Sell	TEXAS INSTRUMENTS INC	$9,626,000	-7.1%	67,413	-17.4%	1.08%	-11.1%
HD	Buy	HOME DEPOT INC	$8,781,000	+23.3%	31,621	+11.2%	0.99%	+18.0%
UNH	Sell	UNITEDHEALTH GROUP INC	$7,953,000	-5.7%	25,509	-10.8%	0.90%	-9.8%
ETN	Sell	EATON CORP PLC	$7,884,000	+9.8%	77,268	-5.9%	0.89%	+5.1%
XLI	Buy	SELECT SECTOR SPDR ETFsbi int-inds	$7,267,000	+16.4%	94,405	+3.9%	0.82%	+11.4%
NVDA	Sell	NIVIDIA CORP	$6,975,000	+33.2%	12,887	-6.5%	0.78%	+27.4%
MDT	Buy	MEDTRONIC HLDG PLC	$6,786,000	+13.6%	65,302	+0.2%	0.76%	+8.7%
ADBE	Sell	ADOBE SYSTEMS INC	$6,726,000	+7.7%	13,715	-4.4%	0.76%	+3.1%
CRM	Sell	SALESFORCE.COM INC	$6,646,000	+12.3%	26,446	-16.3%	0.75%	+7.5%
ABT	Sell	ABBOTT LABORATORIES	$6,418,000	-4.3%	58,975	-19.6%	0.72%	-8.5%
AVGO	Buy	BROADCOM INC	$6,364,000	+15.5%	17,467	+0.0%	0.72%	+10.5%
BAC	Sell	BANK OF AMERICA	$6,341,000	-9.5%	263,226	-10.7%	0.71%	-13.2%
PFE	Buy	PFIZER INC	$6,172,000	+34.7%	168,167	+20.0%	0.70%	+28.9%
ICE	Sell	INTERCONTINENTAL EXCHAN	$5,805,000	+5.0%	58,017	-3.9%	0.65%	+0.5%
LMT	Sell	LOCKHEED MARTIN CORP	$5,619,000	-8.8%	14,660	-13.1%	0.63%	-12.7%
DHR	Sell	DANAHER CORPORATION	$5,572,000	-1.5%	25,877	-19.1%	0.63%	-5.7%
TGT	Sell	TARGET CORP	$5,560,000	-11.2%	35,320	-32.3%	0.63%	-14.9%
NKE	Buy	NIKE INC	$5,418,000	+39.5%	43,159	+9.0%	0.61%	+33.5%
HAS	New	HASBRO INC	$5,337,000	–	64,522	–	0.60%	–
WMT	Buy	WAL-MART STORES INC	$5,334,000	+112.3%	38,125	+81.7%	0.60%	+102.7%
XLP	Sell	SELECT SECTOR SPDR ETFsbi cons stpls	$5,236,000	-20.8%	81,678	-27.6%	0.59%	-24.2%
PG	Sell	PROCTER AND GAMBLE COMP	$5,208,000	+15.2%	37,468	-0.9%	0.59%	+10.2%
VZ	Buy	VERIZON COMMUNICATION	$5,113,000	+8.3%	85,946	+0.3%	0.58%	+3.8%
TLT	Sell	ISHARES TRUST20 yr tr bd etf	$4,877,000	-3.9%	29,871	-3.5%	0.55%	-8.0%
DUK	Sell	DUKE ENERGY CORP NEW	$4,732,000	+10.7%	53,428	-0.1%	0.53%	+6.2%
NSC	Sell	NORFOLK SOUTHERN CORP	$4,690,000	+19.8%	21,915	-1.7%	0.53%	+14.8%
IBM	Buy	IBM	$4,585,000	+1.9%	37,686	+1.2%	0.52%	-2.5%
AMT	Sell	AMERICAN TOWER CORP	$4,514,000	-8.9%	18,674	-2.6%	0.51%	-12.9%
T	Buy	AT&T INC	$4,361,000	-2.3%	152,956	+3.6%	0.49%	-6.5%
KO	Buy	COCA COLA COMPANY	$4,287,000	+38.0%	86,825	+24.9%	0.48%	+32.3%
NEE	Sell	NEXTERA ENERGY INC	$4,193,000	+11.8%	15,108	-3.3%	0.47%	+7.0%
CVX	Buy	CHEVRON TEXACO	$4,171,000	+0.9%	57,924	+25.0%	0.47%	-3.5%
BRKB	Sell	BERKSHIRE HATHAWAYcl b new	$4,136,000	-44.1%	19,425	-53.2%	0.47%	-46.4%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$4,132,000	+11.1%	109,766	+20.4%	0.46%	+6.4%
FTV	Buy	FORTIVE CORP	$4,095,000	+43.9%	53,729	+27.7%	0.46%	+37.6%
TMO	Sell	THERMO FISHER SCIENTIFIC	$4,081,000	-20.4%	9,242	-34.7%	0.46%	-23.9%
DE	Buy	DEERE & CO	$4,058,000	+262.0%	18,310	+156.6%	0.46%	+246.2%
ATVI	Sell	ACTIVISION BLIZZARD INC	$4,004,000	-1.4%	49,457	-7.6%	0.45%	-5.6%
LIN	Sell	LINDE PLC	$4,005,000	-6.2%	16,819	-16.5%	0.45%	-10.2%
QSR	Buy	RESTURANT BRANDS INTERNATIONAL INC	$3,917,000	+644.7%	68,102	+606.7%	0.44%	+611.3%
SO	Buy	SOUTHERN COMPANY	$3,893,000	+6.4%	71,797	+1.7%	0.44%	+1.9%
EMR	Buy	EMERSON ELECTIC CO	$3,843,000	+7.6%	58,607	+1.8%	0.43%	+3.1%
AXP	Sell	AMERICAN EXPRESS CO	$3,806,000	-19.1%	37,962	-23.2%	0.43%	-22.6%
MRK	Sell	MERCK & CO INC	$3,749,000	-54.2%	45,201	-57.3%	0.42%	-56.1%
LLY	Buy	LILLY ELI & CO	$3,726,000	+183.1%	25,171	+213.9%	0.42%	+170.3%
MCD	Sell	MCDONALDS CORP	$3,661,000	-18.0%	16,679	-31.1%	0.41%	-21.5%
DIS	Buy	DISNEY	$3,600,000	+39.3%	29,017	+25.2%	0.40%	+33.2%
BDX	Sell	BECTON DICKINSON & COMP	$3,576,000	-16.4%	15,367	-14.1%	0.40%	-19.9%
EQIX	Sell	EQUINIX INC	$3,538,000	+3.4%	4,655	-4.4%	0.40%	-1.0%
ROST	Buy	ROSS STORES INC	$3,504,000	+13.8%	37,544	+4.0%	0.39%	+8.8%
PM	Sell	PHILIP MORRIS	$3,433,000	+6.5%	45,785	-0.5%	0.39%	+1.8%
MDLZ	Sell	MONDELEZ INTL INCcl a	$3,370,000	-22.7%	58,665	-31.2%	0.38%	-26.0%
NFLX	Sell	NETFLIX INC	$3,352,000	+5.1%	6,704	-4.3%	0.38%	+0.5%
PEP	Buy	PEPSICO INC	$3,204,000	+350.0%	23,116	+329.4%	0.36%	+329.8%
SYK	Buy	STRYKER CORP	$3,148,000	+42.4%	15,106	+23.1%	0.35%	+36.2%
IBB	Buy	ISHARES TRUSTnasdq bio indx	$3,047,000	+80.3%	22,505	+82.0%	0.34%	+72.4%
XLE	Sell	SELECT SECTOR SPDR ETFenergy	$3,046,000	-21.3%	101,712	-0.5%	0.34%	-24.6%
VNQ	Buy	VANGUARD INDEX FDSreit etf	$2,976,000	+3.0%	37,696	+2.4%	0.34%	-1.5%
TTWO	Sell	TAKE-2 INTERACTIVE SOFTWAR	$2,856,000	-4.6%	17,286	-19.4%	0.32%	-8.8%
PRU	Sell	PRUDENTIAL FINANCIAL IN	$2,837,000	+3.2%	44,657	-1.1%	0.32%	-1.2%
CVS	Sell	CVS CORP	$2,804,000	-28.3%	48,006	-20.3%	0.32%	-31.3%
XLV	Buy	SELECT SECTOR SPDR ETFsbi healthcare	$2,683,000	+88.0%	25,437	+78.4%	0.30%	+79.8%
BLL	Sell	BALL CORPORATION	$2,677,000	+15.1%	32,212	-3.7%	0.30%	+10.3%
CHTR	Sell	CHARTER COMMUNICATIONS INC	$2,636,000	-4.6%	4,222	-22.1%	0.30%	-8.6%
C	Buy	CITIGROUP INC	$2,621,000	+50.6%	60,802	+78.5%	0.30%	+43.9%
ZTS	Buy	ZOETIS INCclass a	$2,593,000	+733.8%	15,677	+590.6%	0.29%	+689.2%
EA	Sell	ELECTRONIC ARTS INC DEL	$2,590,000	-5.3%	19,860	-4.2%	0.29%	-9.3%
MS	New	MORGAN STANLEY	$2,562,000	–	52,982	–	0.29%	–
LOW	Sell	LOWES COMPANIES INC	$2,510,000	-22.5%	15,131	-36.9%	0.28%	-25.7%
BX	New	BLACKSTONE GROUP INC	$2,500,000	–	47,893	–	0.28%	–
XEL	Sell	XCEL ENERGY INC	$2,494,000	+7.8%	36,140	-2.3%	0.28%	+3.3%
DG	Sell	DOLLAR GEN CORP NEW	$2,488,000	+8.2%	11,868	-1.6%	0.28%	+3.7%
AEP	Sell	AMERICAN ELECTRIC POWER	$2,456,000	+0.4%	30,055	-2.2%	0.28%	-4.2%
BSX	Buy	BOSTON SCIENTIFIC	$2,347,000	+33.7%	61,423	+22.8%	0.26%	+28.2%
MET	Sell	METLIFE INC	$2,262,000	+0.4%	60,856	-1.3%	0.26%	-3.8%
XBI	Buy	SPDR SERIES TRUSTs&p biotech	$2,254,000	+88.1%	20,224	+88.9%	0.25%	+80.1%
SHW	Buy	SHERWIN WILLIAMS CO	$2,156,000	+126.5%	3,094	+87.7%	0.24%	+117.0%
ISRG	Sell	INTUITIVE SURGICAL INC	$2,144,000	+19.8%	3,022	-3.7%	0.24%	+14.8%
ECL	Sell	ECOLAB INC	$2,042,000	-36.3%	10,217	-36.6%	0.23%	-39.0%
SYY	Buy	SYSCO CORPORATION	$2,009,000	+87.8%	32,283	+64.9%	0.23%	+79.4%
EL	Sell	LAUDER ESTEE COS INCcl a	$1,958,000	+15.5%	8,969	-0.2%	0.22%	+10.6%
IEF	Sell	ISHARES TRUST7-10 y tr bd etf	$1,926,000	-37.6%	15,813	-37.6%	0.22%	-40.2%
XLB	New	SELECT SECTOR SPDR ETFsbi materials	$1,899,000	–	29,837	–	0.21%	–
TJX	Sell	TJX COMPANIES	$1,708,000	+5.7%	30,684	-4.0%	0.19%	+1.1%
LRCX	New	LAM RESEARCH CORP	$1,657,000	–	4,994	–	0.19%	–
XLU	Buy	SELECT SECTOR SPDR ETFsbi int-utils	$1,661,000	+23.8%	27,977	+17.7%	0.19%	+18.4%
VIAC	Buy	VIACOMCBS INCclass b	$1,600,000	+59.4%	57,112	+32.7%	0.18%	+52.5%
SBAC	Sell	SBA COMMUNICATIONScl a	$1,567,000	-1.4%	4,919	-7.8%	0.18%	-5.9%
DLTR	Buy	DOLLAR TREE INC	$1,381,000	+21.5%	15,124	+23.3%	0.16%	+15.7%
AON	New	AON PLC	$1,327,000	–	6,432	–	0.15%	–
MMC	New	MARSH & MCLENNAN COS INC	$1,327,000	–	11,566	–	0.15%	–
IQV	Buy	IQVIA HOLDINGS INC	$1,282,000	+67.1%	8,134	+50.4%	0.14%	+60.0%
USB	Buy	US BANCORP DEL	$1,265,000	+386.5%	35,292	+400.5%	0.14%	+358.1%
HON	Sell	HONEYWELL INTL INC	$1,247,000	-70.4%	7,576	-74.0%	0.14%	-71.7%
TTE	Buy	TOTAL S Asponsored adr	$1,237,000	-7.3%	36,068	+4.0%	0.14%	-11.5%
ADSK	Sell	AUTODESK INC	$1,200,000	-11.3%	5,194	-8.2%	0.14%	-15.1%
CAG	Sell	CONAGRA FOOD INC	$1,179,000	-2.6%	33,029	-4.0%	0.13%	-6.3%
XHB	New	SPDR SERIES TRUSTs&p homebuild	$1,183,000	–	21,964	–	0.13%	–
EW	Buy	EDWARDS LIFESCIENCES CORP	$1,177,000	+84.5%	14,747	+59.8%	0.13%	+76.0%
MAS	Buy	MASCO CORP	$1,152,000	+13.2%	20,891	+3.0%	0.13%	+8.3%
MCHP	New	MICROCHIP TECHNOLOGY INC	$1,096,000	–	10,669	–	0.12%	–
MOH	Buy	MOLINA HEALTHCARE INC	$972,000	+26.7%	5,311	+23.3%	0.11%	+21.1%
MNST	New	MONSTER BEVERAGE CORP NEW	$958,000	–	11,950	–	0.11%	–
GS	New	GOLDMAN SACHS GROUP INC	$941,000	–	4,680	–	0.11%	–
FAST	New	FASTENAL CO	$937,000	–	20,777	–	0.10%	–
LW	Sell	LAMB WESTON HOLDINGS INC	$919,000	0.0%	13,875	-3.4%	0.10%	-4.6%
RDSA	Buy	ROYAL DUTCH SHELL PLCsponsored adr	$914,000	+2.8%	36,322	+33.6%	0.10%	-1.9%
INTC	Sell	INTEL INC	$879,000	-81.3%	16,985	-78.3%	0.10%	-82.0%
CL	Sell	COLGATE-PALMOLIVE	$871,000	-79.0%	11,294	-80.0%	0.10%	-79.9%
BLK	Buy	BLACKROCK INC	$786,000	+4.7%	1,395	+1.1%	0.09%	0.0%
OMC	New	OMNICOM GROUP INC	$727,000	–	14,695	–	0.08%	–
NOC	Sell	NORTHRUP GRUMMAN CORP	$685,000	-27.5%	2,171	-29.4%	0.08%	-30.6%
WYNN	New	WYNN RESORTS LTD	$674,000	–	9,392	–	0.08%	–
LULU	Sell	LULULEMON ATHLETICA INC	$670,000	-2.3%	2,034	-7.5%	0.08%	-7.4%
CSCO	Sell	CISCO SYSTEMS	$660,000	-85.2%	16,756	-82.5%	0.07%	-85.9%
PYPL	Buy	PAYPAL HLDGS INC	$526,000	+46.5%	2,669	+29.5%	0.06%	+40.5%
EXPE	New	EXPEDIA GROUP INC	$494,000	–	5,387	–	0.06%	–
IJH	Buy	ISHARES TRUSTcore s&p mcp etf	$493,000	+4.4%	2,659	+0.1%	0.06%	-1.8%
GWW	New	GRAINGER W W INC	$377,000	–	1,058	–	0.04%	–
WFC	Sell	WELLS FARGO & CO NEW CO	$336,000	-89.5%	14,294	-88.6%	0.04%	-89.9%
EEM	Buy	ISHARES TRUSTmsci emg mkt etf	$322,000	+10.3%	7,292	+0.0%	0.04%	+5.9%
IYR	New	ISHARES TRUSTus real estate etf	$308,000	–	3,855	–	0.04%	–
BA	Buy	BOEING COMPANY	$287,000	-2.4%	1,736	+8.2%	0.03%	-8.6%
CMCSA	Sell	COMCAST CORP	$274,000	+14.6%	5,927	-3.3%	0.03%	+10.7%
MKC	Sell	MCCORMICK & CO	$264,000	+6.0%	1,358	-2.2%	0.03%	+3.4%
INO	New	INOVIO PHARMACEUTICALS INC	$232,000	–	20,000	–	0.03%	–
CME	New	CME GROUP INC	$206,000	–	1,230	–	0.02%	–
MAR	New	MARRIOTT INTL INC NEWcl a	$204,000	–	2,205	–	0.02%	–
GE	Buy	GENERAL ELECTRIC COMPAN	$135,000	+5.5%	21,706	+16.1%	0.02%	0.0%
BBX	Exit	BBX CAP CORP NEWcl a	$0	–	-10,000	–	-0.00%	–
SNAP	Exit	SNAP INCclass a	$0	–	-22,345	–	-0.06%	–
UA	Exit	UNDER ARMOUR INCclass c	$0	–	-63,817	–	-0.07%	–
REYN	Exit	REYNOLDS CONSUMER PRODS	$0	–	-23,282	–	-0.10%	–
HUM	Exit	HUMANA INC	$0	–	-2,211	–	-0.10%	–
FOXA	Exit	FOX CORPORATION CLASS A	$0	–	-33,152	–	-0.10%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-6,063	–	-0.12%	–
TFC	Exit	TRUIST FINANCIAL CORPORATION	$0	–	-30,198	–	-0.13%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-33,834	–	-0.18%	–
XLF	Exit	SELECT SECTOR SPDR ETFsbi int-finl	$0	–	-86,144	–	-0.23%	–
HYG	Exit	ISHARES TRUSTiboxx hi yd etf	$0	–	-67,398	–	-0.65%	–
VONE	Exit	VANGUARD SCOTTSDALE FDSvng rus1000idx	$0	–	-52,657	–	-0.88%	–

Q2 2020

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$69,552,000	–	245,396	–	8.18%	–
MSFT	New	MICROSOFT INC	$63,813,000	–	313,558	–	7.50%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$61,020,000	–	516,201	–	7.18%	–
IWM	New	ISHARES TRUSTrussell 2000	$42,389,000	–	296,053	–	4.98%	–
ALRS	New	ALERUS FINANCIAL CORP	$40,266,000	–	2,037,729	–	4.74%	–
AAPL	New	APPLE COMPUTER	$31,291,000	–	85,776	–	3.68%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$22,161,000	–	71,866	–	2.61%	–
AMZN	New	AMAZON .COM INC	$18,034,000	–	6,537	–	2.12%	–
GOOGL	New	ALPHABET INC	$14,047,000	–	9,906	–	1.65%	–
JPM	New	JP MORGAN CHASE & CO	$13,547,000	–	144,022	–	1.59%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$13,110,000	–	244,585	–	1.54%	–
XLK	New	SELECT SECTOR SPDR ETFtechnology	$12,390,000	–	118,577	–	1.46%	–
GLD	New	SPDR GOLD TRUST	$12,148,000	–	72,580	–	1.43%	–
JNJ	New	JOHNSON AND JOHNSON	$11,420,000	–	81,204	–	1.34%	–
V	New	VISA INC	$10,505,000	–	54,383	–	1.24%	–
FB	New	FACEBOOK INC	$10,466,000	–	46,091	–	1.23%	–
TXN	New	TEXAS INSTRUMENTS INC	$10,367,000	–	81,651	–	1.22%	–
IWN	New	ISHARES TRUSTrus 2000 val etf	$9,922,000	–	101,807	–	1.17%	–
UNH	New	UNITEDHEALTH GROUP INC	$8,438,000	–	28,607	–	0.99%	–
MRK	New	MERCK & CO INC	$8,181,000	–	105,798	–	0.96%	–
VONE	New	VANGUARD SCOTTSDALE FDSvng rus1000idx	$7,474,000	–	52,657	–	0.88%	–
BRKB	New	BERKSHIRE HATHAWAYcl b new	$7,402,000	–	41,463	–	0.87%	–
ETN	New	EATON CORP PLC	$7,181,000	–	82,091	–	0.84%	–
HD	New	HOME DEPOT INC	$7,122,000	–	28,429	–	0.84%	–
ACN	New	ACCENTURE PLC IRELAND	$7,064,000	–	32,897	–	0.83%	–
BAC	New	BANK OF AMERICA	$7,003,000	–	294,879	–	0.82%	–
ABT	New	ABBOTT LABORATORIES	$6,707,000	–	73,354	–	0.79%	–
XLP	New	SELECT SECTOR SPDR ETFsbi cons stpls	$6,611,000	–	112,745	–	0.78%	–
TGT	New	TARGET CORP	$6,261,000	–	52,202	–	0.74%	–
ADBE	New	ADOBE SYSTEMS INC	$6,246,000	–	14,348	–	0.73%	–
XLI	New	SELECT SECTOR SPDR ETFsbi int-inds	$6,244,000	–	90,892	–	0.73%	–
LMT	New	LOCKHEED MARTIN CORP	$6,159,000	–	16,878	–	0.72%	–
VCLT	New	VANGUARD SCOTTSDALE FDSshort term treas	$6,036,000	–	56,790	–	0.71%	–
MDT	New	MEDTRONIC HLDG PLC	$5,975,000	–	65,162	–	0.70%	–
CRM	New	SALESFORCE.COM INC	$5,918,000	–	31,590	–	0.70%	–
DHR	New	DANAHER CORPORATION	$5,657,000	–	31,990	–	0.66%	–
ICE	New	INTERCONTINENTAL EXCHAN	$5,528,000	–	60,353	–	0.65%	–
AVGO	New	BROADCOM INC	$5,511,000	–	17,460	–	0.65%	–
HYG	New	ISHARES TRUSTiboxx hi yd etf	$5,501,000	–	67,398	–	0.65%	–
NVDA	New	NIVIDIA CORP	$5,237,000	–	13,784	–	0.62%	–
TMO	New	THERMO FISHER SCIENTIFIC	$5,127,000	–	14,150	–	0.60%	–
TLT	New	ISHARES TRUST20 yr tr bd etf	$5,073,000	–	30,945	–	0.60%	–
AMT	New	AMERICAN TOWER CORP	$4,954,000	–	19,163	–	0.58%	–
VZ	New	VERIZON COMMUNICATION	$4,722,000	–	85,648	–	0.56%	–
AXP	New	AMERICAN EXPRESS CO	$4,707,000	–	49,442	–	0.55%	–
INTC	New	INTEL INC	$4,690,000	–	78,391	–	0.55%	–
PFE	New	PFIZER INC	$4,581,000	–	140,093	–	0.54%	–
PG	New	PROCTER AND GAMBLE COMP	$4,520,000	–	37,799	–	0.53%	–
IBM	New	IBM	$4,499,000	–	37,255	–	0.53%	–
CSCO	New	CISCO SYSTEMS	$4,469,000	–	95,819	–	0.53%	–
T	New	AT&T INC	$4,463,000	–	147,630	–	0.52%	–
MCD	New	MCDONALDS CORP	$4,465,000	–	24,202	–	0.52%	–
MDLZ	New	MONDELEZ INTL INCcl a	$4,357,000	–	85,208	–	0.51%	–
BDX	New	BECTON DICKINSON & COMP	$4,280,000	–	17,888	–	0.50%	–
DUK	New	DUKE ENERGY CORP NEW	$4,273,000	–	53,492	–	0.50%	–
LIN	New	LINDE PLC	$4,272,000	–	20,141	–	0.50%	–
HON	New	HONEYWELL INTL INC	$4,206,000	–	29,090	–	0.50%	–
CL	New	COLGATE-PALMOLIVE	$4,144,000	–	56,562	–	0.49%	–
CVX	New	CHEVRON TEXACO	$4,135,000	–	46,336	–	0.49%	–
ATVI	New	ACTIVISION BLIZZARD INC	$4,062,000	–	53,512	–	0.48%	–
CVS	New	CVS CORP	$3,913,000	–	60,224	–	0.46%	–
NSC	New	NORFOLK SOUTHERN CORP	$3,914,000	–	22,291	–	0.46%	–
NKE	New	NIKE INC	$3,884,000	–	39,613	–	0.46%	–
XLE	New	SELECT SECTOR SPDR ETFenergy	$3,868,000	–	102,180	–	0.46%	–
NEE	New	NEXTERA ENERGY INC	$3,752,000	–	15,623	–	0.44%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$3,718,000	–	91,161	–	0.44%	–
SO	New	SOUTHERN COMPANY	$3,659,000	–	70,563	–	0.43%	–
EMR	New	EMERSON ELECTIC CO	$3,572,000	–	57,579	–	0.42%	–
EQIX	New	EQUINIX INC	$3,421,000	–	4,871	–	0.40%	–
LOW	New	LOWES COMPANIES INC	$3,239,000	–	23,972	–	0.38%	–
PM	New	PHILIP MORRIS	$3,224,000	–	46,020	–	0.38%	–
WFC	New	WELLS FARGO & CO NEW CO	$3,211,000	–	125,411	–	0.38%	–
ECL	New	ECOLAB INC	$3,204,000	–	16,106	–	0.38%	–
NFLX	New	NETFLIX INC	$3,188,000	–	7,007	–	0.38%	–
KO	New	COCA COLA COMPANY	$3,107,000	–	69,531	–	0.36%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$3,088,000	–	25,335	–	0.36%	–
ROST	New	ROSS STORES INC	$3,078,000	–	36,105	–	0.36%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$2,994,000	–	21,450	–	0.35%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$2,890,000	–	36,799	–	0.34%	–
FTV	New	FORTIVE CORP	$2,846,000	–	42,069	–	0.34%	–
CHTR	New	CHARTER COMMUNICATIONS INC	$2,764,000	–	5,419	–	0.32%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$2,749,000	–	45,137	–	0.32%	–
EA	New	ELECTRONIC ARTS INC DEL	$2,736,000	–	20,720	–	0.32%	–
DIS	New	DISNEY	$2,584,000	–	23,176	–	0.30%	–
WMT	New	WAL-MART STORES INC	$2,513,000	–	20,984	–	0.30%	–
AEP	New	AMERICAN ELECTRIC POWER	$2,447,000	–	30,730	–	0.29%	–
BLL	New	BALL CORPORATION	$2,325,000	–	33,464	–	0.27%	–
XEL	New	XCEL ENERGY INC	$2,313,000	–	37,007	–	0.27%	–
DG	New	DOLLAR GEN CORP NEW	$2,299,000	–	12,065	–	0.27%	–
MET	New	METLIFE INC	$2,252,000	–	61,660	–	0.26%	–
SYK	New	STRYKER CORP	$2,211,000	–	12,272	–	0.26%	–
XLF	New	SELECT SECTOR SPDR ETFsbi int-finl	$1,993,000	–	86,144	–	0.23%	–
ISRG	New	INTUITIVE SURGICAL INC	$1,789,000	–	3,139	–	0.21%	–
BSX	New	BOSTON SCIENTIFIC	$1,756,000	–	50,009	–	0.21%	–
C	New	CITIGROUP INC	$1,740,000	–	34,057	–	0.20%	–
EL	New	LAUDER ESTEE COS INCcl a	$1,695,000	–	8,984	–	0.20%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$1,690,000	–	12,365	–	0.20%	–
TJX	New	TJX COMPANIES	$1,616,000	–	31,970	–	0.19%	–
SBAC	New	SBA COMMUNICATIONScl a	$1,589,000	–	5,334	–	0.19%	–
XOM	New	EXXON MOBIL CORP	$1,513,000	–	33,834	–	0.18%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$1,474,000	–	4,760	–	0.17%	–
XLV	New	SELECT SECTOR SPDR ETFsbi healthcare	$1,427,000	–	14,256	–	0.17%	–
ADSK	New	AUTODESK INC	$1,353,000	–	5,655	–	0.16%	–
XLU	New	SELECT SECTOR SPDR ETFsbi int-utils	$1,342,000	–	23,778	–	0.16%	–
TTE	New	TOTAL S Asponsored adr	$1,334,000	–	34,680	–	0.16%	–
LLY	New	LILLY ELI & CO	$1,316,000	–	8,018	–	0.16%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,239,000	–	5,969	–	0.15%	–
CAG	New	CONAGRA FOOD INC	$1,210,000	–	34,410	–	0.14%	–
XBI	New	SPDR SERIES TRUSTs&p biotech	$1,198,000	–	10,704	–	0.14%	–
DLTR	New	DOLLAR TREE INC	$1,137,000	–	12,268	–	0.13%	–
TFC	New	TRUIST FINANCIAL CORPORATION	$1,134,000	–	30,198	–	0.13%	–
DE	New	DEERE & CO	$1,121,000	–	7,136	–	0.13%	–
SYY	New	SYSCO CORPORATION	$1,070,000	–	19,581	–	0.13%	–
MAS	New	MASCO CORP	$1,018,000	–	20,279	–	0.12%	–
VIAC	New	VIACOMCBS INCclass b	$1,004,000	–	43,039	–	0.12%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$994,000	–	6,063	–	0.12%	–
SHW	New	SHERWIN WILLIAMS CO	$952,000	–	1,648	–	0.11%	–
NOC	New	NORTHRUP GRUMMAN CORP	$945,000	–	3,075	–	0.11%	–
LW	New	LAMB WESTON HOLDINGS INC	$919,000	–	14,369	–	0.11%	–
FOXA	New	FOX CORPORATION CLASS A	$889,000	–	33,152	–	0.10%	–
RDSA	New	ROYAL DUTCH SHELL PLCsponsored adr	$889,000	–	27,195	–	0.10%	–
HUM	New	HUMANA INC	$857,000	–	2,211	–	0.10%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$816,000	–	5,705	–	0.10%	–
REYN	New	REYNOLDS CONSUMER PRODS	$809,000	–	23,282	–	0.10%	–
IQV	New	IQVIA HOLDINGS INC	$767,000	–	5,407	–	0.09%	–
MOH	New	MOLINA HEALTHCARE INC	$767,000	–	4,307	–	0.09%	–
BLK	New	BLACKROCK INC	$751,000	–	1,380	–	0.09%	–
PEP	New	PEPSICO INC	$712,000	–	5,383	–	0.08%	–
LULU	New	LULULEMON ATHLETICA INC	$686,000	–	2,198	–	0.08%	–
DVY	New	ISHARES TRUSTdj sel div inx	$683,000	–	8,458	–	0.08%	–
EW	New	EDWARDS LIFESCIENCES CORP	$638,000	–	9,231	–	0.08%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$587,000	–	7,060	–	0.07%	–
UA	New	UNDER ARMOUR INCclass c	$564,000	–	63,817	–	0.07%	–
SNAP	New	SNAP INCclass a	$525,000	–	22,345	–	0.06%	–
QSR	New	RESTURANT BRANDS INTERNATIONAL INC	$526,000	–	9,637	–	0.06%	–
ORCL	New	ORACLE CORPORATION	$474,000	–	8,576	–	0.06%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$472,000	–	2,657	–	0.06%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$455,000	–	5,151	–	0.05%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$437,000	–	6,404	–	0.05%	–
EFV	New	ISHARES TRUSTeafe value etf	$416,000	–	10,408	–	0.05%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$380,000	–	1,696	–	0.04%	–
PYPL	New	PAYPAL HLDGS INC	$359,000	–	2,061	–	0.04%	–
ZTS	New	ZOETIS INCclass a	$311,000	–	2,270	–	0.04%	–
BA	New	BOEING COMPANY	$294,000	–	1,604	–	0.04%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$292,000	–	7,290	–	0.03%	–
COST	New	COSTCO WHSL CORP	$281,000	–	928	–	0.03%	–
CTSH	New	COGNIZANT TECH SOLUTION	$272,000	–	4,791	–	0.03%	–
BRKA	New	BERKSHIRE HATHAWAYcl a	$267,000	–	1	–	0.03%	–
USB	New	US BANCORP DEL	$260,000	–	7,051	–	0.03%	–
MKC	New	MCCORMICK & CO	$249,000	–	1,389	–	0.03%	–
CMCSA	New	COMCAST CORP	$239,000	–	6,128	–	0.03%	–
ZM	New	ZOOM VIDEO COMMUNICATIONS INC	$228,000	–	900	–	0.03%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$227,000	–	1,561	–	0.03%	–
CHE	New	CHEMED CORP	$226,000	–	500	–	0.03%	–
CF	New	CF INDUSTRIES HOLDINGS	$222,000	–	7,875	–	0.03%	–
GE	New	GENERAL ELECTRIC COMPAN	$128,000	–	18,700	–	0.02%	–
BBX	New	BBX CAP CORP NEWcl a	$25,000	–	10,000	–	0.00%	–

Q4 2019

			Value		Shares		↓ Weighting
BBX	Exit	BBX CAP CORP NEWcl a	$0	–	-10,000	–	-0.01%	–
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-20,025	–	-0.02%	–
IJJ	Exit	ISHARES TRUSTs&p mc 400vl etf	$0	–	-1,292	–	-0.03%	–
CHE	Exit	CHEMED CORP	$0	–	-500	–	-0.03%	–
RYH	Exit	INVESCO EXCHANGE TRADED FD Ts&p500 eql hlt	$0	–	-1,095	–	-0.03%	–
HAL	Exit	HALLIBURTON COMPANY	$0	–	-11,418	–	-0.03%	–
OTTR	Exit	OTTERTAIL CORP	$0	–	-4,117	–	-0.03%	–
COST	Exit	COSTCO WHSL CORP	$0	–	-803	–	-0.03%	–
XHB	Exit	SPDR SERIES TRUSTs&p homebuild	$0	–	-5,335	–	-0.03%	–
EFA	Exit	ISHARES TRUSTmsci eafe index	$0	–	-3,690	–	-0.03%	–
QCOM	Exit	QUALCOMM INC	$0	–	-3,136	–	-0.03%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-2,322	–	-0.03%	–
CME	Exit	CME GROUP	$0	–	-1,230	–	-0.03%	–
ABBV	Exit	ABBVIE INC	$0	–	-3,557	–	-0.04%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-7,290	–	-0.04%	–
SCHD	Exit	SCHWAB STRATEGIC TRus dividend eq	$0	–	-5,498	–	-0.04%	–
CVS	Exit	CVS CORP	$0	–	-4,739	–	-0.04%	–
VYM	Exit	VANGUARD HIGH DIVIDENDd etf	$0	–	-3,404	–	-0.04%	–
BRKA	Exit	BERKSHIRE HATHAWAYcl a	$0	–	-1	–	-0.04%	–
ALE	Exit	ALLETE COM	$0	–	-3,550	–	-0.04%	–
DEF	Exit	INVESCO EXCH TRD SLF IDX FDdefensive eqty	$0	–	-5,786	–	-0.04%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-169	–	-0.04%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-1,696	–	-0.05%	–
SDOG	Exit	ALPS ETF TRalerian mlp	$0	–	-8,832	–	-0.05%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-4,789	–	-0.05%	–
CTSH	Exit	COGNIZANT TECH SOLUTION	$0	–	-7,118	–	-0.06%	–
DIS	Exit	DISNEY	$0	–	-3,277	–	-0.06%	–
USB	Exit	US BANCORP DEL	$0	–	-8,008	–	-0.06%	–
ORCL	Exit	ORACLE CORPORATION	$0	–	-8,576	–	-0.06%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.06%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-6,404	–	-0.06%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-2,657	–	-0.07%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.07%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-5,943	–	-0.08%	–
PEP	Exit	PEPSICO INC	$0	–	-4,919	–	-0.09%	–
C	Exit	CITIGROUP INC	$0	–	-9,821	–	-0.09%	–
ADSK	Exit	AUTODESK INC	$0	–	-4,734	–	-0.09%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,970	–	-0.09%	–
XBI	Exit	SPDR SERIES TRUSTs&p biotech	$0	–	-9,764	–	-0.10%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.10%	–
KO	Exit	COCA COLA COMPANY	$0	–	-14,445	–	-0.10%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-2,685	–	-0.10%	–
RY	Exit	ROYAL BANK CANADA	$0	–	-10,292	–	-0.11%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-8,458	–	-0.11%	–
SPB	Exit	SPECTRUM BRANDS HOLDINGS	$0	–	-16,567	–	-0.11%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-14,891	–	-0.11%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-1,643	–	-0.12%	–
IEO	Exit	ISHARES TRUSTus oil gs ex etf	$0	–	-20,131	–	-0.13%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-5,969	–	-0.14%	–
ECL	Exit	ECOLAB INC	$0	–	-5,976	–	-0.15%	–
UTX	Exit	UNITED TECHNOLOGIES CORP	$0	–	-9,891	–	-0.18%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-57,094	–	-0.21%	–
TJX	Exit	TJX COMPANIES	$0	–	-28,507	–	-0.21%	–
FTV	Exit	FORTIVE CORP	$0	–	-23,657	–	-0.21%	–
NFLX	Exit	NETFLIX INC	$0	–	-6,420	–	-0.22%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-25,389	–	-0.23%	–
BA	Exit	BOEING COMPANY	$0	–	-4,753	–	-0.23%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-19,675	–	-0.24%	–
AEP	Exit	AMERICAN ELECTRIC POWER	$0	–	-20,209	–	-0.24%	–
DG	Exit	DOLLAR GEN CORP NEW	$0	–	-12,104	–	-0.25%	–
MET	Exit	METLIFE INC	$0	–	-41,015	–	-0.25%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-19,909	–	-0.25%	–
BSX	Exit	BOSTON SCIENTIFIC	$0	–	-48,787	–	-0.26%	–
CAG	Exit	CONAGRA FOOD INC	$0	–	-67,005	–	-0.27%	–
TTWO	Exit	TAKE-2 INTERACTIVE SOFTWAR	$0	–	-16,465	–	-0.27%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-50,062	–	-0.28%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-13,017	–	-0.28%	–
LIN	Exit	LINDE PLC	$0	–	-12,149	–	-0.30%	–
XLF	Exit	SELECT SECTOR SPDR TRsbi int-finl	$0	–	-87,974	–	-0.32%	–
NVDA	Exit	NIVIDIA CORP	$0	–	-14,418	–	-0.32%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-12,903	–	-0.33%	–
NKE	Exit	NIKE INC	$0	–	-27,598	–	-0.34%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-21,918	–	-0.34%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-47,433	–	-0.35%	–
CRM	Exit	SALESFORCE.COM INC	$0	–	-19,100	–	-0.37%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-54,690	–	-0.37%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-54,524	–	-0.37%	–
HD	Exit	HOME DEPOT INC	$0	–	-12,887	–	-0.39%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-33,356	–	-0.39%	–
IYR	Exit	ISHARES TRUSTus real es etf	$0	–	-32,947	–	-0.40%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-63,327	–	-0.40%	–
MAR	Exit	MARRIOTT INTERNATIONAL INC	$0	–	-26,233	–	-0.42%	–
ADBE	Exit	ADOBE SYSTEMS INC	$0	–	-12,631	–	-0.45%	–
TMO	Exit	THERMO FISHER SCIENTIFIC	$0	–	-12,413	–	-0.47%	–
ROST	Exit	ROSS STORES INC	$0	–	-34,250	–	-0.49%	–
INTC	Exit	INTEL INC	$0	–	-74,826	–	-0.50%	–
ETN	Exit	EATON CORP PLC	$0	–	-47,012	–	-0.51%	–
RTN	Exit	RAYTHEON CO	$0	–	-20,193	–	-0.51%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-54,414	–	-0.52%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-72,204	–	-0.52%	–
LMT	Exit	LOCKHEED MARTIN CORP	$0	–	-10,414	–	-0.52%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-70,255	–	-0.53%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-33,157	–	-0.53%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-81,814	–	-0.53%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-44,944	–	-0.54%	–
MCD	Exit	MCDONALDS CORP	$0	–	-20,182	–	-0.56%	–
AVGO	Exit	BROADCOM INC	$0	–	-15,787	–	-0.56%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-24,550	–	-0.57%	–
TXN	Exit	TEXAS INSTRUMENTS INC	$0	–	-34,604	–	-0.58%	–
XLC	Exit	SELECT SECTOR SPDR TR	$0	–	-90,641	–	-0.58%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-74,948	–	-0.60%	–
ABT	Exit	ABBOTT LABORATORIES	$0	–	-55,967	–	-0.61%	–
IBM	Exit	IBM	$0	–	-33,567	–	-0.63%	–
T	Exit	AT&T INC	$0	–	-130,352	–	-0.64%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-25,934	–	-0.64%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-35,596	–	-0.66%	–
BDX	Exit	BECTON DICKINSON & COMP	$0	–	-20,690	–	-0.68%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-45,280	–	-0.69%	–
TLT	Exit	ISHARES TRUST20 yr tr bd etf	$0	–	-38,200	–	-0.71%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-25,342	–	-0.72%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-52,968	–	-0.75%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-98,304	–	-0.77%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-88,987	–	-0.77%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-35,372	–	-0.77%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-92,764	–	-0.78%	–
XLP	Exit	SELECT SECTOR SPDR TRsbi cons stpls	$0	–	-99,456	–	-0.79%	–
XLV	Exit	SELECT SECTOR SPDR TRsbi healthcare	$0	–	-67,852	–	-0.79%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-63,995	–	-0.79%	–
TGT	Exit	TARGET CORP	$0	–	-62,380	–	-0.86%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-72,796	–	-0.87%	–
PM	Exit	PHILIP MORRIS	$0	–	-90,036	–	-0.88%	–
CMCSA	Exit	COMCAST CORP	$0	–	-152,130	–	-0.89%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-58,624	–	-0.90%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-32,405	–	-0.91%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-65,105	–	-0.92%	–
BAC	Exit	BANK OF AMERICA	$0	–	-246,136	–	-0.93%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-96,055	–	-0.96%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-59,301	–	-0.99%	–
PFE	Exit	PFIZER INC	$0	–	-222,842	–	-1.04%	–
MRK	Exit	MERCK & CO INC	$0	–	-104,737	–	-1.14%	–
FB	Exit	FACEBOOK INC	$0	–	-52,541	–	-1.21%	–
XLK	Exit	SELECT SECTOR SPDR TRtechnology	$0	–	-116,409	–	-1.21%	–
IWN	Exit	ISHARES TRUSTrus 2000 val etf	$0	–	-82,803	–	-1.28%	–
AMZN	Exit	AMAZON .COM INC	$0	–	-6,162	–	-1.38%	–
BRKB	Exit	BERKSHIRE HATHAWAYcl b new	$0	–	-52,320	–	-1.41%	–
V	Exit	VISA INC	$0	–	-65,820	–	-1.46%	–
GOOGL	Exit	ALPHABET INC	$0	–	-9,746	–	-1.54%	–
IEI	Exit	ISHARES TRUST3 7 yr treas bd	$0	–	-98,891	–	-1.62%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-237,686	–	-1.72%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-129,557	–	-1.97%	–
VONE	Exit	VANGUARD SCOTTSDALE FDSvng rus1000idx	$0	–	-120,033	–	-2.11%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-96,919	–	-2.81%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-242,633	–	-3.53%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-93,410	–	-3.58%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-239,467	–	-4.69%	–
MSFT	Exit	MICROSOFT INC	$0	–	-310,288	–	-5.58%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-520,489	–	-7.62%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-256,524	–	-9.04%	–

Q3 2019

			Value		Shares		↓ Weighting
VOO	Sell	VANGUARD INDEX FDSs&p 500 eft sh	$69,928,000	-3.7%	256,524	-4.9%	9.04%	-7.7%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$58,904,000	+2.0%	520,489	+0.3%	7.62%	-2.2%
MSFT	Sell	MICROSOFT INC	$43,140,000	+3.5%	310,288	-0.3%	5.58%	-0.8%
IWM	Buy	ISHARES TRUSTrussell 2000	$36,241,000	-2.6%	239,467	+0.1%	4.69%	-6.7%
SPY	Buy	SPDR S &P 500 ETF TRtr unit	$27,721,000	+4.1%	93,410	+2.8%	3.58%	-0.2%
IEF	Buy	ISHARES TRUST7-10 y tr bd etf	$27,289,000	+233.7%	242,633	+226.4%	3.53%	+220.0%
AAPL	Sell	APPLE COMPUTER	$21,707,000	+6.3%	96,919	-6.1%	2.81%	+1.9%
VONE	Sell	VANGUARD SCOTTSDALE FDSvng rus1000idx	$16,328,000	-13.0%	120,033	-13.8%	2.11%	-16.6%
JPM	Sell	JP MORGAN CHASE & CO	$15,248,000	+5.1%	129,557	-0.1%	1.97%	+0.8%
IWR	Sell	ISHARES RUSSELL MIDCAPx fdetf	$13,299,000	-29.2%	237,686	-29.3%	1.72%	-32.1%
IEI	New	ISHARES TRUST3 7 yr treas bd	$12,539,000	–	98,891	–	1.62%	–
GOOGL	Sell	ALPHABET INC	$11,901,000	+2.5%	9,746	-9.1%	1.54%	-1.7%
V	Sell	VISA INC	$11,322,000	-3.8%	65,820	-3.0%	1.46%	-7.8%
BRKB	Buy	BERKSHIRE HATHAWAYcl b new	$10,884,000	+12.1%	52,320	+14.9%	1.41%	+7.5%
AMZN	Sell	AMAZON .COM INC	$10,697,000	-11.2%	6,162	-3.1%	1.38%	-14.8%
IWN	New	ISHARES TRUSTrus 2000 val etf	$9,888,000	–	82,803	–	1.28%	–
XLK	Buy	SELECT SECTOR SPDR TRtechnology	$9,374,000	+18.1%	116,409	+14.5%	1.21%	+13.3%
FB	Sell	FACEBOOK INC	$9,357,000	-10.0%	52,541	-2.4%	1.21%	-13.7%
MRK	Buy	MERCK & CO INC	$8,817,000	+4.7%	104,737	+4.3%	1.14%	+0.4%
PFE	Buy	PFIZER INC	$8,007,000	-15.7%	222,842	+1.6%	1.04%	-19.2%
JNJ	Sell	JOHNSON AND JOHNSON	$7,672,000	-39.8%	59,301	-35.2%	0.99%	-42.3%
XLI	Buy	SELECT SECTOR SPDR TRsbi int-inds	$7,457,000	+334.3%	96,055	+333.1%	0.96%	+315.9%
BAC	Sell	BANK OF AMERICA	$7,180,000	-0.8%	246,136	-1.4%	0.93%	-4.9%
UNH	Sell	UNITEDHEALTH GROUP INC	$7,042,000	-12.2%	32,405	-1.5%	0.91%	-15.8%
CVX	Sell	CHEVRON TEXACO	$6,953,000	-5.8%	58,624	-1.2%	0.90%	-9.7%
CMCSA	Sell	COMCAST CORP	$6,858,000	+5.6%	152,130	-1.0%	0.89%	+1.3%
PM	Buy	PHILIP MORRIS	$6,836,000	-2.0%	90,036	+1.4%	0.88%	-6.1%
ICE	Sell	INTERCONTINENTAL EXCHAN	$6,717,000	+3.5%	72,796	-3.6%	0.87%	-0.7%
TGT	Sell	TARGET CORP	$6,669,000	+17.0%	62,380	-5.2%	0.86%	+12.2%
DUK	Buy	DUKE ENERGY CORP NEW	$6,135,000	+19.4%	63,995	+9.9%	0.79%	+14.6%
XLV	Buy	SELECT SECTOR SPDR TRsbi healthcare	$6,115,000	+21.1%	67,852	+24.4%	0.79%	+16.2%
XLP	Buy	SELECT SECTOR SPDR TRsbi cons stpls	$6,109,000	+13.3%	99,456	+7.1%	0.79%	+8.7%
XLU	Buy	SELECT SECTOR SPDR TRsbi int-utils	$6,006,000	+55.0%	92,764	+42.8%	0.78%	+48.6%
HON	Sell	HONEYWELL INTL INC	$5,985,000	-27.3%	35,372	-25.0%	0.77%	-30.3%
EMR	Sell	EMERSON ELECTIC CO	$5,950,000	-23.6%	88,987	-23.8%	0.77%	-26.7%
VZ	Buy	VERIZON COMMUNICATION	$5,934,000	+19.6%	98,304	+13.2%	0.77%	+14.8%
LOW	Buy	LOWES COMPANIES INC	$5,824,000	+9.2%	52,968	+0.2%	0.75%	+4.7%
AMT	Buy	AMERICAN TOWER CORP	$5,604,000	+9.4%	25,342	+1.2%	0.72%	+4.9%
TLT	Buy	ISHARES TRUST20 yr tr bd etf	$5,466,000	+12.2%	38,200	+4.1%	0.71%	+7.6%
AXP	Buy	AMERICAN EXPRESS CO	$5,356,000	-2.5%	45,280	+1.7%	0.69%	-6.5%
BDX	Buy	BECTON DICKINSON & COMP	$5,234,000	+5.5%	20,690	+5.1%	0.68%	+1.2%
DHR	Sell	DANAHER CORPORATION	$5,141,000	-1.0%	35,596	-2.1%	0.66%	-5.1%
ACN	Buy	ACCENTURE PLC IRELAND	$4,988,000	+42.6%	25,934	+37.0%	0.64%	+36.7%
T	Buy	AT&T INC	$4,933,000	+33.2%	130,352	+18.0%	0.64%	+27.6%
IBM	Buy	IBM	$4,881,000	+80.1%	33,567	+70.8%	0.63%	+72.4%
ABT	Buy	ABBOTT LABORATORIES	$4,683,000	+7.4%	55,967	+8.0%	0.61%	+3.1%
SO	Buy	SOUTHERN COMPANY	$4,630,000	+17.7%	74,948	+5.3%	0.60%	+12.8%
XLC	Buy	SELECT SECTOR SPDR TR	$4,489,000	+85.7%	90,641	+84.6%	0.58%	+78.2%
TXN	Buy	TEXAS INSTRUMENTS INC	$4,472,000	+46.9%	34,604	+30.4%	0.58%	+40.6%
NSC	Sell	NORFOLK SOUTHERN CORP	$4,411,000	-27.7%	24,550	-19.8%	0.57%	-30.7%
AVGO	Buy	BROADCOM INC	$4,358,000	+4.6%	15,787	+9.1%	0.56%	+0.4%
MCD	Sell	MCDONALDS CORP	$4,333,000	+0.7%	20,182	-2.6%	0.56%	-3.4%
VNQ	Buy	VANGUARD INDEX FDSreit etf	$4,191,000	+197.9%	44,944	+179.3%	0.54%	+185.3%
WFC	Buy	WELLS FARGO & CO NEW CO	$4,127,000	+16.7%	81,814	+9.5%	0.53%	+11.9%
PG	Buy	PROCTER AND GAMBLE COMP	$4,124,000	+22.8%	33,157	+8.3%	0.53%	+17.7%
XLB	Sell	SELECT SECTOR SPDR TRsbi materials	$4,089,000	-32.1%	70,255	-31.7%	0.53%	-34.9%
LMT	Buy	LOCKHEED MARTIN CORP	$4,062,000	+79.8%	10,414	+67.6%	0.52%	+72.1%
CL	Sell	COLGATE-PALMOLIVE	$4,000,000	-1.0%	54,414	-3.5%	0.52%	-5.1%
MDLZ	Buy	MONDELEZ INTL INCcl a	$3,994,000	+30.1%	72,204	+26.7%	0.52%	+24.9%
RTN	Sell	RAYTHEON CO	$3,962,000	+7.0%	20,193	-5.2%	0.51%	+2.4%
ETN	Buy	EATON CORP PLC	$3,909,000	+5.0%	47,012	+5.1%	0.51%	+0.8%
INTC	Sell	INTEL INC	$3,856,000	+6.9%	74,826	-0.7%	0.50%	+2.7%
ROST	Sell	ROSS STORES INC	$3,762,000	+1.0%	34,250	-8.8%	0.49%	-3.0%
TMO	Sell	THERMO FISHER SCIENTIFIC	$3,616,000	-2.6%	12,413	-1.8%	0.47%	-6.6%
ADBE	Buy	ADOBE SYSTEMS INC	$3,489,000	+23.5%	12,631	+31.8%	0.45%	+18.4%
MAR	Sell	MARRIOTT INTERNATIONAL INC	$3,263,000	-22.3%	26,233	-12.4%	0.42%	-25.4%
CSCO	Buy	CISCO SYSTEMS	$3,129,000	-3.0%	63,327	+7.5%	0.40%	-6.9%
IYR	New	ISHARES TRUSTus real es etf	$3,082,000	–	32,947	–	0.40%	–
PRU	Buy	PRUDENTIAL FINANCIAL IN	$3,000,000	-4.6%	33,356	+7.1%	0.39%	-8.5%
HD	Sell	HOME DEPOT INC	$2,990,000	-1.8%	12,887	-12.0%	0.39%	-5.8%
ATVI	Sell	ACTIVISION BLIZZARD INC	$2,885,000	+9.0%	54,524	-2.7%	0.37%	+4.5%
TTE	Buy	TOTAL S Asponsored adr	$2,844,000	-2.9%	54,690	+4.2%	0.37%	-6.8%
CRM	Buy	SALESFORCE.COM INC	$2,835,000	+16.7%	19,100	+19.3%	0.37%	+11.9%
LVS	Buy	LAS VEGAS SANDS CORP	$2,740,000	+5.2%	47,433	+7.6%	0.35%	+0.9%
XLY	Sell	SELECT SECTOR SPDR TRsbi cons discr	$2,646,000	-11.9%	21,918	-13.0%	0.34%	-15.6%
NKE	Buy	NIKE INC	$2,592,000	+14.0%	27,598	+1.9%	0.34%	+9.1%
EL	Sell	LAUDER ESTEE COS INCcl a	$2,567,000	+6.7%	12,903	-1.8%	0.33%	+2.5%
NVDA	Buy	NIVIDIA CORP	$2,510,000	+18.2%	14,418	+11.5%	0.32%	+13.2%
XLF	New	SELECT SECTOR SPDR TRsbi int-finl	$2,463,000	–	87,974	–	0.32%	–
LIN	Buy	LINDE PLC	$2,353,000	+363.2%	12,149	+380.6%	0.30%	+340.6%
VO	Sell	VANGUARD INDEX FDSmid cap etf	$2,182,000	-54.2%	13,017	-54.3%	0.28%	-56.1%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$2,137,000	+13.6%	50,062	+6.5%	0.28%	+8.7%
TTWO	Sell	TAKE-2 INTERACTIVE SOFTWAR	$2,064,000	-37.0%	16,465	-42.9%	0.27%	-39.6%
CAG	Sell	CONAGRA FOOD INC	$2,056,000	+9.9%	67,005	-5.0%	0.27%	+5.6%
BSX	Buy	BOSTON SCIENTIFIC	$1,985,000	+9.2%	48,787	+15.4%	0.26%	+4.9%
EA	Sell	ELECTRONIC ARTS INC DEL	$1,947,000	-4.9%	19,909	-1.6%	0.25%	-8.7%
MET	Buy	METLIFE INC	$1,934,000	+12.1%	41,015	+18.0%	0.25%	+7.3%
DG	Buy	DOLLAR GEN CORP NEW	$1,924,000	+18.7%	12,104	+1.0%	0.25%	+13.7%
AEP	New	AMERICAN ELECTRIC POWER	$1,893,000	–	20,209	–	0.24%	–
MCHP	Sell	MICROCHIP TECHNOLOGY INC	$1,828,000	+5.7%	19,675	-1.3%	0.24%	+1.3%
BA	Sell	BOEING COMPANY	$1,808,000	-42.9%	4,753	-45.3%	0.23%	-45.2%
XOM	Buy	EXXON MOBIL CORP	$1,793,000	-6.1%	25,389	+1.9%	0.23%	-10.1%
NFLX	Buy	NETFLIX INC	$1,718,000	-18.8%	6,420	+11.5%	0.22%	-22.1%
FTV	Sell	FORTIVE CORP	$1,622,000	-55.0%	23,657	-46.5%	0.21%	-56.8%
TJX	Buy	TJX COMPANIES	$1,589,000	+195.4%	28,507	+180.3%	0.21%	+182.2%
KHC	Sell	KRAFT HEINZ CO	$1,595,000	-27.7%	57,094	-19.7%	0.21%	-30.9%
UTX	New	UNITED TECHNOLOGIES CORP	$1,350,000	–	9,891	–	0.18%	–
IEO	Sell	ISHARES TRUSTus oil gs ex etf	$1,027,000	-70.0%	20,131	-67.0%	0.13%	-71.2%
ISRG	Buy	INTUITIVE SURGICAL INC	$887,000	+10.6%	1,643	+7.5%	0.12%	+6.5%
SPB	Buy	SPECTRUM BRANDS HOLDINGS	$873,000	+0.5%	16,567	+2.5%	0.11%	-3.4%
RDSA	Buy	ROYAL DUTCH SHELL PLCsponsored adr	$876,000	-2.4%	14,891	+7.9%	0.11%	-6.6%
RY	Sell	ROYAL BANK CANADA	$835,000	-20.6%	10,292	-22.3%	0.11%	-23.9%
IVV	Sell	ISHARES TRUSTcore s&p500 etf	$802,000	-5.0%	2,685	-6.2%	0.10%	-8.8%
KO	Sell	COCA COLA COMPANY	$786,000	-1.4%	14,445	-7.7%	0.10%	-5.6%
XBI	New	SPDR SERIES TRUSTs&p biotech	$745,000	–	9,764	–	0.10%	–
ADSK	New	AUTODESK INC	$699,000	–	4,734	–	0.09%	–
C	Sell	CITIGROUP INC	$678,000	-90.2%	9,821	-90.0%	0.09%	-90.5%
PEP	Sell	PEPSICO INC	$674,000	-3.0%	4,919	-7.2%	0.09%	-7.4%
IBB	Sell	ISHARES TRUSTnasdq bio indx	$591,000	-84.0%	5,943	-82.4%	0.08%	-84.7%
ORCL	Sell	ORACLE CORPORATION	$472,000	-4.6%	8,576	-1.3%	0.06%	-9.0%
USB	Sell	US BANCORP DEL	$443,000	+2.5%	8,008	-3.1%	0.06%	-1.7%
DIS	Sell	DISNEY	$427,000	-18.4%	3,277	-12.4%	0.06%	-22.5%
CTSH	Sell	COGNIZANT TECH SOLUTION	$429,000	-8.5%	7,118	-3.8%	0.06%	-12.7%
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$404,000	+71.2%	4,789	+68.8%	0.05%	+62.5%
BKNG	Sell	BOOKING HLDGS INC	$332,000	0.0%	169	-4.5%	0.04%	-4.4%
CVS	Sell	CVS CORP	$299,000	+5.7%	4,739	-8.7%	0.04%	+2.6%
VYM	Sell	VANGUARD HIGH DIVIDENDd etf	$302,000	-6.5%	3,404	-7.8%	0.04%	-11.4%
EEM	Sell	ISHARES TRUSTmsci emg mkt etf	$298,000	-11.6%	7,290	-7.1%	0.04%	-13.3%
ABBV	Sell	ABBVIE INC	$269,000	-8.5%	3,557	-12.1%	0.04%	-12.5%
EFA	Sell	ISHARES TRUSTmsci eafe index	$241,000	-11.7%	3,690	-11.0%	0.03%	-16.2%
PYPL	Sell	PAYPAL HLDGS INC	$241,000	-30.7%	2,322	-23.5%	0.03%	-34.0%
QCOM	Sell	QUALCOMM INC	$239,000	-12.5%	3,136	-12.5%	0.03%	-16.2%
COST	New	COSTCO WHSL CORP	$231,000	–	803	–	0.03%	–
XHB	Sell	SPDR SERIES TRUSTs&p homebuild	$235,000	-8.6%	5,335	-13.4%	0.03%	-14.3%
HAL	Sell	HALLIBURTON COMPANY	$215,000	-74.9%	11,418	-69.7%	0.03%	-75.9%
CHE	New	CHEMED CORP	$209,000	–	500	–	0.03%	–
GE	Sell	GENERAL ELECTRIC COMPAN	$179,000	-26.0%	20,025	-13.1%	0.02%	-30.3%
AMLP	Exit	ALPS ETF TRalerian mlp	$0	–	-10,475	–	-0.01%	–
DD	Exit	DUPONT INC	$0	–	-2,691	–	-0.03%	–
ZBH	Exit	ZIMMER BIOMET HLDGS INC	$0	–	-1,870	–	-0.03%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-1,594	–	-0.03%	–
GWW	Exit	WW GRAINGER INC	$0	–	-1,039	–	-0.04%	–
MHK	Exit	MOHAWK INDUSTRIES INC	$0	–	-3,993	–	-0.08%	–
IBMH	Exit	ISHARES TR BONDS SEPetf	$0	–	-23,636	–	-0.08%	–
WH	Exit	WYNDHAM HOTELS AND RESORTS	$0	–	-19,696	–	-0.15%	–
XLE	Exit	SELECT SECTOR SPDR TRenergy	$0	–	-26,440	–	-0.23%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-46,644	–	-0.25%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-94,065	–	-1.14%	–

Q2 2019

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$72,637,000	–	269,875	–	9.80%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$57,763,000	–	518,756	–	7.79%	–
MSFT	New	MICROSOFT INC	$41,687,000	–	311,191	–	5.62%	–
IWM	New	ISHARES TRUSTrussell 2000	$37,216,000	–	239,330	–	5.02%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$26,627,000	–	90,877	–	3.59%	–
AAPL	New	APPLE COMPUTER	$20,424,000	–	103,191	–	2.76%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$18,786,000	–	336,244	–	2.53%	–
VONE	New	VANGUARD SCOTTSDALE FDSvng rus1000idx	$18,764,000	–	139,295	–	2.53%	–
JPM	New	JP MORGAN CHASE & CO	$14,505,000	–	129,738	–	1.96%	–
JNJ	New	JOHNSON AND JOHNSON	$12,744,000	–	91,503	–	1.72%	–
AMZN	New	AMAZON .COM INC	$12,047,000	–	6,362	–	1.62%	–
V	New	VISA INC	$11,773,000	–	67,839	–	1.59%	–
GOOGL	New	ALPHABET INC	$11,608,000	–	10,721	–	1.57%	–
FB	New	FACEBOOK INC	$10,393,000	–	53,851	–	1.40%	–
BRKB	New	BERKSHIRE HATHAWAYcl b new	$9,707,000	–	45,536	–	1.31%	–
PFE	New	PFIZER INC	$9,503,000	–	219,379	–	1.28%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$8,452,000	–	94,065	–	1.14%	–
MRK	New	MERCK & CO INC	$8,420,000	–	100,416	–	1.14%	–
HON	New	HONEYWELL INTL INC	$8,238,000	–	47,186	–	1.11%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$8,178,000	–	74,334	–	1.10%	–
UNH	New	UNITEDHEALTH GROUP INC	$8,024,000	–	32,884	–	1.08%	–
XLK	New	SELECT SECTOR SPDR TRtechnology	$7,935,000	–	101,680	–	1.07%	–
EMR	New	EMERSON ELECTIC CO	$7,787,000	–	116,711	–	1.05%	–
CVX	New	CHEVRON TEXACO	$7,385,000	–	59,348	–	1.00%	–
BAC	New	BANK OF AMERICA	$7,239,000	–	249,627	–	0.98%	–
PM	New	PHILIP MORRIS	$6,973,000	–	88,789	–	0.94%	–
C	New	CITIGROUP INC	$6,886,000	–	98,332	–	0.93%	–
CMCSA	New	COMCAST CORP	$6,496,000	–	153,655	–	0.88%	–
ICE	New	INTERCONTINENTAL EXCHAN	$6,488,000	–	75,504	–	0.88%	–
MDT	New	MEDTRONIC HLDG PLC	$6,341,000	–	65,105	–	0.86%	–
NSC	New	NORFOLK SOUTHERN CORP	$6,105,000	–	30,625	–	0.82%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$6,021,000	–	102,927	–	0.81%	–
TGT	New	TARGET CORP	$5,702,000	–	65,835	–	0.77%	–
AXP	New	AMERICAN EXPRESS CO	$5,493,000	–	44,502	–	0.74%	–
XLP	New	SELECT SECTOR SPDR TRsbi cons stpls	$5,390,000	–	92,820	–	0.73%	–
LOW	New	LOWES COMPANIES INC	$5,333,000	–	52,853	–	0.72%	–
DHR	New	DANAHER CORPORATION	$5,193,000	–	36,344	–	0.70%	–
DUK	New	DUKE ENERGY CORP NEW	$5,137,000	–	58,217	–	0.69%	–
AMT	New	AMERICAN TOWER CORP	$5,121,000	–	25,048	–	0.69%	–
XLV	New	SELECT SECTOR SPDR TRsbi healthcare	$5,051,000	–	54,528	–	0.68%	–
VZ	New	VERIZON COMMUNICATION	$4,960,000	–	86,823	–	0.67%	–
BDX	New	BECTON DICKINSON & COMP	$4,959,000	–	19,678	–	0.67%	–
TLT	New	ISHARES TRUST20 yr tr bd etf	$4,872,000	–	36,683	–	0.66%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$4,759,000	–	28,468	–	0.64%	–
ABT	New	ABBOTT LABORATORIES	$4,360,000	–	51,840	–	0.59%	–
MCD	New	MCDONALDS CORP	$4,302,000	–	20,716	–	0.58%	–
MAR	New	MARRIOTT INTERNATIONAL INC	$4,199,000	–	29,937	–	0.57%	–
AVGO	New	BROADCOM INC	$4,167,000	–	14,475	–	0.56%	–
CL	New	COLGATE-PALMOLIVE	$4,040,000	–	56,376	–	0.54%	–
SO	New	SOUTHERN COMPANY	$3,933,000	–	71,155	–	0.53%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$3,874,000	–	64,974	–	0.52%	–
ETN	New	EATON CORP PLC	$3,723,000	–	44,710	–	0.50%	–
ROST	New	ROSS STORES INC	$3,723,000	–	37,554	–	0.50%	–
TMO	New	THERMO FISHER SCIENTIFIC	$3,711,000	–	12,637	–	0.50%	–
RTN	New	RAYTHEON CO	$3,704,000	–	21,303	–	0.50%	–
T	New	AT&T INC	$3,703,000	–	110,504	–	0.50%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$3,692,000	–	33,838	–	0.50%	–
FTV	New	FORTIVE CORP	$3,605,000	–	44,219	–	0.49%	–
INTC	New	INTEL INC	$3,606,000	–	75,326	–	0.49%	–
WFC	New	WELLS FARGO & CO NEW CO	$3,535,000	–	74,704	–	0.48%	–
ACN	New	ACCENTURE PLC IRELAND	$3,498,000	–	18,934	–	0.47%	–
IEO	New	ISHARES TRUSTus oil gs ex etf	$3,425,000	–	61,093	–	0.46%	–
PG	New	PROCTER AND GAMBLE COMP	$3,358,000	–	30,620	–	0.45%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$3,274,000	–	28,837	–	0.44%	–
CSCO	New	CISCO SYSTEMS	$3,226,000	–	58,934	–	0.44%	–
BA	New	BOEING COMPANY	$3,164,000	–	8,693	–	0.43%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$3,145,000	–	31,141	–	0.42%	–
MDLZ	New	MONDELEZ INTL INCcl a	$3,071,000	–	56,968	–	0.41%	–
HD	New	HOME DEPOT INC	$3,046,000	–	14,646	–	0.41%	–
TXN	New	TEXAS INSTRUMENTS INC	$3,045,000	–	26,534	–	0.41%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$3,003,000	–	25,192	–	0.40%	–
TTE	New	TOTAL S Asponsored adr	$2,929,000	–	52,492	–	0.40%	–
ADBE	New	ADOBE SYSTEMS INC	$2,825,000	–	9,587	–	0.38%	–
IBM	New	IBM	$2,710,000	–	19,654	–	0.37%	–
ATVI	New	ACTIVISION BLIZZARD INC	$2,646,000	–	56,064	–	0.36%	–
LVS	New	LAS VEGAS SANDS CORP	$2,604,000	–	44,070	–	0.35%	–
CRM	New	SALESFORCE.COM INC	$2,430,000	–	16,015	–	0.33%	–
XLC	New	SELECT SECTOR SPDR TR	$2,417,000	–	49,107	–	0.33%	–
EL	New	LAUDER ESTEE COS INCcl a	$2,405,000	–	13,140	–	0.32%	–
NKE	New	NIKE INC	$2,273,000	–	27,080	–	0.31%	–
LMT	New	LOCKHEED MARTIN CORP	$2,259,000	–	6,215	–	0.30%	–
KHC	New	KRAFT HEINZ CO	$2,206,000	–	71,071	–	0.30%	–
NVDA	New	NIVIDIA CORP	$2,124,000	–	12,936	–	0.29%	–
NFLX	New	NETFLIX INC	$2,115,000	–	5,757	–	0.28%	–
EA	New	ELECTRONIC ARTS INC DEL	$2,048,000	–	20,228	–	0.28%	–
XOM	New	EXXON MOBIL CORP	$1,910,000	–	24,920	–	0.26%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$1,881,000	–	46,991	–	0.25%	–
SCHW	New	SCHWAB CHARLES CORP NEW	$1,875,000	–	46,644	–	0.25%	–
CAG	New	CONAGRA FOOD INC	$1,870,000	–	70,516	–	0.25%	–
BSX	New	BOSTON SCIENTIFIC	$1,817,000	–	42,272	–	0.24%	–
MET	New	METLIFE INC	$1,726,000	–	34,757	–	0.23%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$1,729,000	–	19,938	–	0.23%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$1,717,000	–	22,176	–	0.23%	–
XLE	New	SELECT SECTOR SPDR TRenergy	$1,684,000	–	26,440	–	0.23%	–
DG	New	DOLLAR GEN CORP NEW	$1,621,000	–	11,990	–	0.22%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$1,407,000	–	16,089	–	0.19%	–
ECL	New	ECOLAB INC	$1,180,000	–	5,976	–	0.16%	–
WH	New	WYNDHAM HOTELS AND RESORTS	$1,098,000	–	19,696	–	0.15%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,070,000	–	5,969	–	0.14%	–
RY	New	ROYAL BANK CANADA	$1,052,000	–	13,248	–	0.14%	–
RDSA	New	ROYAL DUTCH SHELL PLCsponsored adr	$898,000	–	13,803	–	0.12%	–
SPB	New	SPECTRUM BRANDS HOLDINGS	$869,000	–	16,163	–	0.12%	–
HAL	New	HALLIBURTON COMPANY	$857,000	–	37,669	–	0.12%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$844,000	–	2,862	–	0.11%	–
DVY	New	ISHARES TRUSTdj sel div inx	$842,000	–	8,458	–	0.11%	–
KO	New	COCA COLA COMPANY	$797,000	–	15,648	–	0.11%	–
ISRG	New	INTUITIVE SURGICAL INC	$802,000	–	1,529	–	0.11%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$769,000	–	5,705	–	0.10%	–
PEP	New	PEPSICO INC	$695,000	–	5,303	–	0.09%	–
NEE	New	NEXTERA ENERGY INC	$608,000	–	2,970	–	0.08%	–
IBMH	New	ISHARES TR BONDS SEPetf	$601,000	–	23,636	–	0.08%	–
MHK	New	MOHAWK INDUSTRIES INC	$589,000	–	3,993	–	0.08%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$570,000	–	7,060	–	0.08%	–
TJX	New	TJX COMPANIES	$538,000	–	10,170	–	0.07%	–
DIS	New	DISNEY	$523,000	–	3,743	–	0.07%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$516,000	–	2,657	–	0.07%	–
LIN	New	LINDE PLC	$508,000	–	2,528	–	0.07%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$501,000	–	6,404	–	0.07%	–
ORCL	New	ORACLE CORPORATION	$495,000	–	8,692	–	0.07%	–
EFV	New	ISHARES TRUSTeafe value etf	$500,000	–	10,408	–	0.07%	–
CTSH	New	COGNIZANT TECH SOLUTION	$469,000	–	7,399	–	0.06%	–
USB	New	US BANCORP DEL	$432,000	–	8,266	–	0.06%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$384,000	–	1,696	–	0.05%	–
SDOG	New	ALPS ETF TRalerian mlp	$384,000	–	8,832	–	0.05%	–
PYPL	New	PAYPAL HLDGS INC	$348,000	–	3,035	–	0.05%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$337,000	–	7,845	–	0.04%	–
BKNG	New	BOOKING HLDGS INC	$332,000	–	177	–	0.04%	–
VYM	New	VANGUARD HIGH DIVIDENDd etf	$323,000	–	3,691	–	0.04%	–
BRKA	New	BERKSHIRE HATHAWAYcl a	$318,000	–	1	–	0.04%	–
DEF	New	INVESCO EXCH TRD SLF IDX FDdefensive eqty	$306,000	–	5,786	–	0.04%	–
ABBV	New	ABBVIE INC	$294,000	–	4,045	–	0.04%	–
ALE	New	ALLETE COM	$295,000	–	3,550	–	0.04%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$292,000	–	5,498	–	0.04%	–
CVS	New	CVS CORP	$283,000	–	5,189	–	0.04%	–
GWW	New	WW GRAINGER INC	$279,000	–	1,039	–	0.04%	–
QCOM	New	QUALCOMM INC	$273,000	–	3,584	–	0.04%	–
EFA	New	ISHARES TRUSTmsci eafe index	$273,000	–	4,146	–	0.04%	–
XHB	New	SPDR SERIES TRUSTs&p homebuild	$257,000	–	6,160	–	0.04%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$250,000	–	1,594	–	0.03%	–
GE	New	GENERAL ELECTRIC COMPAN	$242,000	–	23,032	–	0.03%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$236,000	–	2,837	–	0.03%	–
CME	New	CME GROUP	$239,000	–	1,230	–	0.03%	–
ZBH	New	ZIMMER BIOMET HLDGS INC	$220,000	–	1,870	–	0.03%	–
RYH	New	INVESCO EXCHANGE TRADED FD Ts&p500 eql hlt	$222,000	–	1,095	–	0.03%	–
OTTR	New	OTTERTAIL CORP	$217,000	–	4,117	–	0.03%	–
IJJ	New	ISHARES TRUSTs&p mc 400vl etf	$206,000	–	1,292	–	0.03%	–
DD	New	DUPONT INC	$202,000	–	2,691	–	0.03%	–
AMLP	New	ALPS ETF TRalerian mlp	$103,000	–	10,475	–	0.01%	–
BBX	New	BBX CAP CORP NEWcl a	$49,000	–	10,000	–	0.01%	–

Q4 2018

			Value		Shares		↓ Weighting
BBX	Exit	BBX CAP CORP NEWcl a	$0	–	-10,000	–	-0.01%	–
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-11,992	–	-0.01%	–
ANDV	Exit	ANDEAVOR	$0	–	-1,334	–	-0.03%	–
ISRG	Exit	INTUITIVE SURGICAL INC	$0	–	-375	–	-0.03%	–
IJJ	Exit	ISHARES TRUSTs&p mc 400vl etf	$0	–	-1,292	–	-0.03%	–
NUE	Exit	NUCOR CO	$0	–	-3,514	–	-0.03%	–
VWO	Exit	VANGUARD FTSE EMERGINGets etf	$0	–	-5,956	–	-0.03%	–
ALE	Exit	ALLETE COM	$0	–	-3,550	–	-0.04%	–
NKE	Exit	NIKE INC	$0	–	-3,218	–	-0.04%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-3,455	–	-0.04%	–
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-23,885	–	-0.04%	–
IVE	Exit	ISHARES S&P 500 VALUE Eetf	$0	–	-2,524	–	-0.04%	–
SCHD	Exit	SCHWAB STRATEGIC TRus dividend eq	$0	–	-5,498	–	-0.04%	–
IGOV	Exit	ISHARES TR S&P/CITIGROUtl tetf	$0	–	-6,558	–	-0.04%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-7,877	–	-0.05%	–
GWW	Exit	WW GRAINGER INC	$0	–	-1,039	–	-0.05%	–
ABBV	Exit	ABBVIE INC	$0	–	-4,145	–	-0.05%	–
VEA	Exit	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$0	–	-9,115	–	-0.05%	–
AMZN	Exit	AMAZON .COM INC	$0	–	-200	–	-0.06%	–
IBM	Exit	IBM	$0	–	-2,644	–	-0.06%	–
DIS	Exit	DISNEY	$0	–	-3,574	–	-0.06%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-2,838	–	-0.06%	–
CVRR	Exit	CVR REFNG LP	$0	–	-25,140	–	-0.07%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,970	–	-0.07%	–
IGSB	Exit	ISHARES 1-3YR CREDIT BOtf etf	$0	–	-9,804	–	-0.07%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.07%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-6,404	–	-0.08%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.08%	–
VBR	Exit	VANGUARD SMALL CAP VALUf etf	$0	–	-4,029	–	-0.08%	–
TJX	Exit	TJX COMPANIES	$0	–	-5,085	–	-0.08%	–
KO	Exit	COCA COLA COMPANY	$0	–	-12,773	–	-0.08%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-2,593	–	-0.08%	–
PEP	Exit	PEPSICO INC	$0	–	-5,747	–	-0.09%	–
IBMH	Exit	ISHARES TR BONDS SEPetf	$0	–	-25,809	–	-0.09%	–
VBK	Exit	VANGUARD SMALL CAP GROWtf etf	$0	–	-3,594	–	-0.09%	–
EFA	Exit	ISHARES TRUSTmsci eafe index	$0	–	-10,005	–	-0.09%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.10%	–
ECL	Exit	ECOLAB INC	$0	–	-6,329	–	-0.14%	–
GSK	Exit	GLAXOSMITHKLINE PLCsponsored adr	$0	–	-24,764	–	-0.14%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-10,209	–	-0.14%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-14,977	–	-0.16%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-7,262	–	-0.18%	–
TGT	Exit	TARGET CORP	$0	–	-14,548	–	-0.18%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-6,742	–	-0.19%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-12,822	–	-0.20%	–
COTY	Exit	COTY INC	$0	–	-144,243	–	-0.25%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-30,677	–	-0.26%	–
EBAY	Exit	EBAY INC	$0	–	-57,735	–	-0.26%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-34,905	–	-0.26%	–
AGN	Exit	ALLERGAN PLC	$0	–	-10,305	–	-0.27%	–
LUV	Exit	SOUTHWEST AIRLINES	$0	–	-31,866	–	-0.27%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-23,715	–	-0.28%	–
VYM	Exit	VANGUARD HIGH DIVIDENDd etf	$0	–	-23,476	–	-0.28%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-43,234	–	-0.29%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-25,701	–	-0.29%	–
INTC	Exit	INTEL INC	$0	–	-48,008	–	-0.31%	–
LVS	Exit	LAS VEGAS SANDS CORP	$0	–	-38,636	–	-0.31%	–
ZBH	Exit	ZIMMER BIOMET HLDGS INC	$0	–	-17,969	–	-0.32%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-8,212	–	-0.33%	–
HD	Exit	HOME DEPOT INC	$0	–	-12,062	–	-0.34%	–
CVS	Exit	CVS CORP	$0	–	-32,018	–	-0.34%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-60,250	–	-0.36%	–
T	Exit	AT&T INC	$0	–	-79,487	–	-0.36%	–
SCHW	Exit	SCHWAB CHARLES CORP NEW	$0	–	-57,349	–	-0.39%	–
ETN	Exit	EATON CORP PLC	$0	–	-33,503	–	-0.40%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-45,662	–	-0.40%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-27,118	–	-0.40%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-36,967	–	-0.40%	–
HAL	Exit	HALLIBURTON COMPANY	$0	–	-75,177	–	-0.42%	–
MRK	Exit	MERCK & CO INC	$0	–	-43,670	–	-0.42%	–
RDSA	Exit	ROYAL DUTCH SHELL PLCsponsored adr	$0	–	-45,973	–	-0.43%	–
RY	Exit	ROYAL BANK CANADA	$0	–	-39,443	–	-0.43%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-37,401	–	-0.45%	–
CL	Exit	COLGATE-PALMOLIVE	$0	–	-49,124	–	-0.45%	–
MCD	Exit	MCDONALDS CORP	$0	–	-20,119	–	-0.46%	–
WH	Exit	WYNDHAM HOTELS AND RESORTS	$0	–	-61,376	–	-0.47%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-64,248	–	-0.47%	–
DLTR	Exit	DOLLAR TREE INC	$0	–	-42,493	–	-0.47%	–
GD	Exit	GENERAL DYNAMICS	$0	–	-20,878	–	-0.48%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-68,733	–	-0.50%	–
TLT	Exit	ISHARES TRUST20 yr tr bd etf	$0	–	-31,397	–	-0.50%	–
AVGO	Exit	BROADCOM INC	$0	–	-15,253	–	-0.52%	–
TTWO	Exit	TAKE-2 INTERACTIVE SOFTWAR	$0	–	-27,363	–	-0.52%	–
MCHP	Exit	MICROCHIP TECHNOLOGY INC	$0	–	-47,971	–	-0.52%	–
MAS	Exit	MASCO CORP	$0	–	-107,051	–	-0.54%	–
MYL	Exit	MYLAN NV	$0	–	-111,350	–	-0.56%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-28,817	–	-0.57%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-23,346	–	-0.58%	–
AMT	Exit	AMERICAN TOWER CORP	$0	–	-30,925	–	-0.62%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-107,870	–	-0.63%	–
ATVI	Exit	ACTIVISION BLIZZARD INC	$0	–	-56,550	–	-0.64%	–
USB	Exit	US BANCORP DEL	$0	–	-93,199	–	-0.67%	–
FTV	Exit	FORTIVE CORP	$0	–	-58,633	–	-0.68%	–
IEO	Exit	ISHARES TRUSTus oil gs ex etf	$0	–	-67,845	–	-0.70%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-31,547	–	-0.71%	–
EA	Exit	ELECTRONIC ARTS INC DEL	$0	–	-43,841	–	-0.72%	–
CTSH	Exit	COGNIZANT TECH SOLUTION	$0	–	-68,502	–	-0.72%	–
NSC	Exit	NORFOLK SOUTHERN CORP	$0	–	-29,708	–	-0.73%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-93,090	–	-0.74%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-31,923	–	-0.74%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-73,191	–	-0.75%	–
MAR	Exit	MARRIOTT INTERNATIONAL INC	$0	–	-41,585	–	-0.75%	–
BDX	Exit	BECTON DICKINSON & COMP	$0	–	-21,196	–	-0.76%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-56,679	–	-0.79%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-54,152	–	-0.79%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-90,258	–	-0.79%	–
CMCSA	Exit	COMCAST CORP	$0	–	-164,502	–	-0.80%	–
XLY	Exit	SELECT SECTOR SPDR TRsbi cons discr	$0	–	-51,194	–	-0.82%	–
BKNG	Exit	BOOKING HLDGS INC	$0	–	-3,256	–	-0.88%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-66,155	–	-0.89%	–
QCOM	Exit	QUALCOMM INC	$0	–	-90,909	–	-0.90%	–
XHB	Exit	SPDR SERIES TRUSTs&p homebuild	$0	–	-171,335	–	-0.90%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-55,904	–	-0.94%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-42,623	–	-0.97%	–
PM	Exit	PHILIP MORRIS	$0	–	-87,600	–	-0.98%	–
C	Exit	CITIGROUP INC	$0	–	-102,094	–	-1.00%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-74,061	–	-1.02%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-145,172	–	-1.04%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-102,847	–	-1.08%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-30,146	–	-1.10%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-68,493	–	-1.14%	–
PFE	Exit	PFIZER INC	$0	–	-210,318	–	-1.27%	–
V	Exit	VISA INC	$0	–	-66,308	–	-1.36%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-87,504	–	-1.37%	–
BRKB	Exit	BERKSHIRE HATHAWAY	$0	–	-49,349	–	-1.44%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-37,208	–	-1.48%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-86,493	–	-1.64%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-111,056	–	-1.71%	–
FB	Exit	FACEBOOK INC	$0	–	-78,875	–	-1.77%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-156,249	–	-1.78%	–
GOOGL	Exit	ALPHABET INC	$0	–	-13,921	–	-2.30%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-79,106	–	-2.39%	–
VONE	Exit	VANGUARD SCOTTSDALE FDSvng rus1000idx	$0	–	-165,277	–	-3.02%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-106,468	–	-3.29%	–
MSFT	Exit	MICROSOFT INC	$0	–	-212,626	–	-3.33%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-226,795	–	-5.23%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-560,099	–	-8.08%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-290,266	–	-10.60%	–

Q3 2018

			Value		Shares		↓ Weighting
VOO	Sell	VANGUARD INDEX FDSs&p 500 eft sh	$77,515,000	+4.7%	290,266	-2.2%	10.60%	+0.9%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$59,102,000	+4.3%	560,099	+5.1%	8.08%	+0.5%
IWM	Sell	ISHARES TRUSTrussell 2000	$38,227,000	+1.6%	226,795	-1.2%	5.23%	-2.1%
MSFT	Sell	MICROSOFT INC	$24,318,000	+15.1%	212,626	-0.7%	3.33%	+10.9%
AAPL	Sell	APPLE COMPUTER	$24,034,000	+16.5%	106,468	-4.5%	3.29%	+12.2%
VONE	Buy	VANGUARD SCOTTSDALE FDSvng rus1000idx	$22,058,000	+7.2%	165,277	+0.3%	3.02%	+3.3%
IWR	Sell	ISHARES RUSSELL MIDCAPx fdetf	$17,443,000	-13.2%	79,106	-16.5%	2.39%	-16.3%
GOOGL	Buy	ALPHABET INC	$16,804,000	+15.1%	13,921	+7.7%	2.30%	+10.9%
VCIT	Buy	VANGUARD SCOTTSDALE FDSint-term corp	$13,051,000	+1.8%	156,249	+1.8%	1.78%	-1.9%
FB	Buy	FACEBOOK INC	$12,972,000	-14.5%	78,875	+1.0%	1.77%	-17.6%
JPM	Sell	JP MORGAN CHASE & CO	$12,532,000	+6.2%	111,056	-1.9%	1.71%	+2.3%
JNJ	Sell	JOHNSON AND JOHNSON	$11,951,000	+7.4%	86,493	-5.7%	1.64%	+3.5%
SPY	Sell	SPDR S &P 500 ETF TRtr unit	$10,817,000	+6.0%	37,208	-1.1%	1.48%	+2.1%
BRKB	Sell	BERKSHIRE HATHAWAY	$10,566,000	+11.3%	49,349	-2.9%	1.44%	+7.3%
LOW	Sell	LOWES COMPANIES INC	$10,048,000	+16.0%	87,504	-3.5%	1.37%	+11.7%
V	Sell	VISA INC	$9,952,000	+9.0%	66,308	-3.8%	1.36%	+4.9%
PFE	Sell	PFIZER INC	$9,269,000	+18.3%	210,318	-2.6%	1.27%	+14.0%
IBB	Sell	ISHARES TRUSTnasdq bio indx	$8,352,000	+9.0%	68,493	-1.8%	1.14%	+5.1%
UNH	Sell	UNITEDHEALTH GROUP INC	$8,020,000	+5.4%	30,146	-2.8%	1.10%	+1.6%
EMR	Buy	EMERSON ELECTIC CO	$7,876,000	+21.0%	102,847	+9.3%	1.08%	+16.6%
WFC	Sell	WELLS FARGO & CO NEW CO	$7,630,000	-28.5%	145,172	-24.6%	1.04%	-31.1%
IEF	Buy	ISHARES TRUST7-10 y tr bd etf	$7,493,000	+0.9%	74,061	+2.3%	1.02%	-2.8%
C	Sell	CITIGROUP INC	$7,324,000	+7.0%	102,094	-0.2%	1.00%	+3.1%
PM	Buy	PHILIP MORRIS	$7,143,000	+1.2%	87,600	+0.2%	0.98%	-2.5%
HON	Buy	HONEYWELL INTL INC	$7,093,000	+19.8%	42,623	+3.7%	0.97%	+15.3%
CVX	Buy	CHEVRON TEXACO	$6,835,000	+24.4%	55,904	+28.7%	0.94%	+19.9%
XHB	Sell	SPDR SERIES TRUSTs&p homebuild	$6,587,000	-4.5%	171,335	-1.7%	0.90%	-8.0%
QCOM	Buy	QUALCOMM INC	$6,548,000	+42.9%	90,909	+11.4%	0.90%	+37.8%
MDT	Sell	MEDTRONIC HLDG PLC	$6,508,000	+14.3%	66,155	-0.5%	0.89%	+10.1%
BKNG	Buy	BOOKING HLDGS INC	$6,460,000	+11.4%	3,256	+13.8%	0.88%	+7.4%
XLY	Sell	SELECT SECTOR SPDR TRsbi cons discr	$6,001,000	+7.1%	51,194	-0.1%	0.82%	+3.3%
CMCSA	Sell	COMCAST CORP	$5,825,000	+4.5%	164,502	-3.1%	0.80%	+0.8%
DWDP	Sell	DOWDUPONT INC	$5,804,000	-10.5%	90,258	-8.3%	0.79%	-13.8%
AXP	Sell	AMERICAN EXPRESS CO	$5,766,000	+6.0%	54,152	-2.4%	0.79%	+2.2%
PRU	Buy	PRUDENTIAL FINANCIAL IN	$5,743,000	+10.6%	56,679	+2.1%	0.79%	+6.6%
BDX	Sell	BECTON DICKINSON & COMP	$5,532,000	+3.8%	21,196	-4.7%	0.76%	0.0%
MAR	Buy	MARRIOTT INTERNATIONAL INC	$5,490,000	+4.8%	41,585	+0.5%	0.75%	+0.9%
ICE	Buy	INTERCONTINENTAL EXCHAN	$5,481,000	+2.8%	73,191	+0.9%	0.75%	-0.9%
ACN	Buy	ACCENTURE PLC IRELAND	$5,433,000	+5.0%	31,923	+1.0%	0.74%	+1.2%
XLB	Sell	SELECT SECTOR SPDR TRsbi materials	$5,392,000	-1.8%	93,090	-1.5%	0.74%	-5.3%
NSC	Sell	NORFOLK SOUTHERN CORP	$5,362,000	+18.9%	29,708	-0.6%	0.73%	+14.5%
CTSH	Sell	COGNIZANT TECH SOLUTION	$5,285,000	-33.0%	68,502	-31.4%	0.72%	-35.4%
EA	Buy	ELECTRONIC ARTS INC DEL	$5,282,000	-1.5%	43,841	+15.3%	0.72%	-5.1%
VO	Sell	VANGUARD INDEX FDSmid cap etf	$5,180,000	+3.2%	31,547	-0.9%	0.71%	-0.4%
IEO	Buy	ISHARES TRUSTus oil gs ex etf	$5,151,000	+64.3%	67,845	+60.8%	0.70%	+58.4%
FTV	Sell	FORTIVE CORP	$4,937,000	+6.0%	58,633	-3.0%	0.68%	+2.1%
USB	Sell	US BANCORP DEL	$4,921,000	+3.6%	93,199	-1.8%	0.67%	-0.1%
ATVI	New	ACTIVISION BLIZZARD INC	$4,704,000	–	56,550	–	0.64%	–
MDLZ	Sell	MONDELEZ INTL INCcl a	$4,634,000	+1.3%	107,870	-3.4%	0.63%	-2.5%
AMT	Sell	AMERICAN TOWER CORP	$4,493,000	-0.4%	30,925	-1.1%	0.62%	-3.9%
SHPG	Sell	SHIRE PLCsponsored adr	$4,232,000	+6.0%	23,346	-1.3%	0.58%	+2.1%
EL	Buy	LAUDER ESTEE COS INCcl a	$4,187,000	+57.7%	28,817	+54.8%	0.57%	+52.0%
MYL	Buy	MYLAN NV	$4,076,000	+1.6%	111,350	+0.3%	0.56%	-1.9%
MAS	Sell	MASCO CORP	$3,918,000	-7.3%	107,051	-5.2%	0.54%	-10.7%
MCHP	Buy	MICROCHIP TECHNOLOGY INC	$3,785,000	+2.2%	47,971	+17.8%	0.52%	-1.5%
TTWO	Sell	TAKE-2 INTERACTIVE SOFTWAR	$3,776,000	+8.7%	27,363	-6.8%	0.52%	+4.7%
AVGO	New	BROADCOM INC	$3,763,000	–	15,253	–	0.52%	–
TLT	Sell	ISHARES TRUST20 yr tr bd etf	$3,682,000	-5.3%	31,397	-1.7%	0.50%	-8.7%
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$3,619,000	-1.6%	68,733	-2.9%	0.50%	-5.2%
GD	Buy	GENERAL DYNAMICS	$3,511,000	+8.0%	20,878	+19.8%	0.48%	+4.1%
DLTR	Buy	DOLLAR TREE INC	$3,465,000	+3.4%	42,493	+7.8%	0.47%	-0.4%
VZ	Sell	VERIZON COMMUNICATION	$3,430,000	+2.2%	64,248	-3.7%	0.47%	-1.5%
WH	Buy	WYNDHAM HOTELS AND RESORTS	$3,411,000	+8.3%	61,376	+14.6%	0.47%	+4.5%
MCD	Buy	MCDONALDS CORP	$3,366,000	+7.3%	20,119	+0.5%	0.46%	+3.4%
CL	Buy	COLGATE-PALMOLIVE	$3,289,000	+9.4%	49,124	+5.9%	0.45%	+5.4%
PYPL	Sell	PAYPAL HLDGS INC	$3,285,000	+3.1%	37,401	-2.2%	0.45%	-0.7%
RY	Sell	ROYAL BANK CANADA	$3,163,000	+5.3%	39,443	-1.1%	0.43%	+1.4%
RDSA	Buy	ROYAL DUTCH SHELL PLCsponsored adr	$3,133,000	-0.8%	45,973	+0.8%	0.43%	-4.2%
MRK	Buy	MERCK & CO INC	$3,098,000	+16.9%	43,670	+0.0%	0.42%	+12.8%
HAL	Buy	HALLIBURTON COMPANY	$3,047,000	-7.3%	75,177	+3.1%	0.42%	-10.5%
DUK	Sell	DUKE ENERGY CORP NEW	$2,958,000	-1.2%	36,967	-2.4%	0.40%	-4.7%
DHR	Sell	DANAHER CORPORATION	$2,946,000	+5.8%	27,118	-3.9%	0.40%	+2.0%
TTE	Sell	TOTAL S Asponsored adr	$2,940,000	+1.7%	45,662	-4.3%	0.40%	-2.0%
ETN	Sell	EATON CORP PLC	$2,906,000	+14.8%	33,503	-1.1%	0.40%	+10.6%
SCHW	New	SCHWAB CHARLES CORP NEW	$2,819,000	–	57,349	–	0.39%	–
T	Buy	AT&T INC	$2,669,000	+4.6%	79,487	+0.0%	0.36%	+0.8%
SO	Sell	SOUTHERN COMPANY	$2,626,000	-12.2%	60,250	-6.7%	0.36%	-15.5%
CVS	Sell	CVS CORP	$2,520,000	+18.9%	32,018	-2.8%	0.34%	+14.6%
HD	Buy	HOME DEPOT INC	$2,499,000	+6.9%	12,062	+0.7%	0.34%	+3.0%
IVV	Sell	ISHARES TRUSTcore s&p500 etf	$2,404,000	-15.8%	8,212	-21.5%	0.33%	-18.8%
ZBH	Sell	ZIMMER BIOMET HLDGS INC	$2,362,000	+13.8%	17,969	-3.5%	0.32%	+9.5%
LVS	Buy	LAS VEGAS SANDS CORP	$2,292,000	+33.5%	38,636	+71.8%	0.31%	+28.3%
INTC	Sell	INTEL INC	$2,271,000	-29.3%	48,008	-25.7%	0.31%	-31.8%
PG	Sell	PROCTER AND GAMBLE COMP	$2,139,000	+1.1%	25,701	-5.2%	0.29%	-2.3%
CSCO	Sell	CISCO SYSTEMS	$2,104,000	-37.1%	43,234	-44.4%	0.29%	-39.4%
VYM	Sell	VANGUARD HIGH DIVIDENDd etf	$2,044,000	+1.1%	23,476	-3.5%	0.28%	-2.4%
XOM	Sell	EXXON MOBIL CORP	$2,016,000	-64.2%	23,715	-65.1%	0.28%	-65.5%
LUV	Sell	SOUTHWEST AIRLINES	$1,990,000	+21.2%	31,866	-1.3%	0.27%	+16.7%
AGN	Sell	ALLERGAN PLC	$1,963,000	-54.7%	10,305	-60.3%	0.27%	-56.4%
KHC	Buy	KRAFT HEINZ CO	$1,924,000	-10.5%	34,905	+2.0%	0.26%	-13.8%
EBAY	Sell	EBAY INC	$1,907,000	-48.9%	57,735	-43.9%	0.26%	-50.7%
SLB	Sell	SCHLUMBERGER LTD	$1,869,000	-10.8%	30,677	-1.8%	0.26%	-13.8%
COTY	New	COTY INC	$1,812,000	–	144,243	–	0.25%	–
UPS	Sell	UNITED PARCEL SERVICE	$1,497,000	+5.2%	12,822	-4.2%	0.20%	+1.5%
TGT	Buy	TARGET CORP	$1,284,000	+16.7%	14,548	+0.7%	0.18%	+12.8%
VNQ	Sell	VANGUARD INDEX FDSreit etf	$1,208,000	-6.1%	14,977	-5.2%	0.16%	-9.8%
DVY	Sell	ISHARES TRUSTdj sel div inx	$1,018,000	-4.8%	10,209	-6.6%	0.14%	-8.6%
ECL	Sell	ECOLAB INC	$992,000	+9.4%	6,329	-2.0%	0.14%	+5.4%
GSK	Buy	GLAXOSMITHKLINE PLCsponsored adr	$995,000	+3.6%	24,764	+3.9%	0.14%	0.0%
EFA	Sell	ISHARES TRUSTmsci eafe index	$680,000	-21.8%	10,005	-22.9%	0.09%	-24.4%
PEP	Sell	PEPSICO INC	$643,000	-87.0%	5,747	-87.3%	0.09%	-87.5%
IGSB	Sell	ISHARES 1-3YR CREDIT BOtf etf	$508,000	-57.3%	9,804	-14.6%	0.07%	-59.2%
DIS	Sell	DISNEY	$418,000	+2.2%	3,574	-8.5%	0.06%	-1.7%
VEA	Sell	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$394,000	-6.4%	9,115	-7.2%	0.05%	-10.0%
ABBV	Sell	ABBVIE INC	$392,000	-3.9%	4,145	-6.0%	0.05%	-6.9%
EEM	Sell	ISHARES TRUSTmsci emg mkt etf	$338,000	-26.0%	7,877	-25.4%	0.05%	-29.2%
NKE	Sell	NIKE INC	$273,000	-15.2%	3,218	-20.3%	0.04%	-19.6%
BND	Sell	VANGUARD BD INDEX FD INCtotal bnd mrkt	$272,000	-2.9%	3,455	-2.2%	0.04%	-7.5%
VWO	Sell	VANGUARD FTSE EMERGINGets etf	$245,000	-21.5%	5,956	-19.3%	0.03%	-22.7%
ISRG	New	INTUITIVE SURGICAL INC	$215,000	–	375	–	0.03%	–
ANDV	New	ANDEAVOR	$204,000	–	1,334	–	0.03%	–
BLK	Exit	BLACKROCK INC	$0	–	-639	–	-0.04%	–
LQD	Exit	ISHARES TRUSTiboxx inv cpbd	$0	–	-3,121	–	-0.05%	–
JCI	Exit	JOHNSON CONTROLS INC	$0	–	-11,263	–	-0.05%	–
XLI	Exit	SELECT SECTOR SPDR TRsbi int-inds	$0	–	-14,260	–	-0.14%	–
SYF	Exit	SYNCHRONY FINL	$0	–	-56,406	–	-0.27%	–

Q2 2018

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$74,037,000	–	296,734	–	10.51%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$56,642,000	–	532,754	–	8.04%	–
IWM	New	ISHARES TRUSTrussell 2000	$37,612,000	–	229,661	–	5.34%	–
MSFT	New	MICROSOFT INC	$21,123,000	–	214,212	–	3.00%	–
AAPL	New	APPLE COMPUTER	$20,634,000	–	111,465	–	2.93%	–
VONE	New	VANGUARD SCOTTSDALE FDSvng rus1000idx	$20,583,000	–	164,826	–	2.92%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$20,093,000	–	94,718	–	2.85%	–
FB	New	FACEBOOK INC	$15,177,000	–	78,100	–	2.15%	–
GOOGL	New	ALPHABET INC	$14,599,000	–	12,928	–	2.07%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$12,815,000	–	153,433	–	1.82%	–
JPM	New	JP MORGAN CHASE & CO	$11,800,000	–	113,245	–	1.68%	–
JNJ	New	JOHNSON AND JOHNSON	$11,132,000	–	91,742	–	1.58%	–
WFC	New	WELLS FARGO & CO NEW CO	$10,678,000	–	192,611	–	1.52%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$10,205,000	–	37,619	–	1.45%	–
BRKB	New	BERKSHIRE HATHAWAY	$9,489,000	–	50,835	–	1.35%	–
V	New	VISA INC	$9,134,000	–	68,956	–	1.30%	–
LOW	New	LOWES COMPANIES INC	$8,663,000	–	90,643	–	1.23%	–
CTSH	New	COGNIZANT TECH SOLUTION	$7,892,000	–	99,914	–	1.12%	–
PFE	New	PFIZER INC	$7,832,000	–	215,884	–	1.11%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$7,661,000	–	69,755	–	1.09%	–
UNH	New	UNITEDHEALTH GROUP INC	$7,611,000	–	31,021	–	1.08%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$7,424,000	–	72,419	–	1.05%	–
PM	New	PHILIP MORRIS	$7,058,000	–	87,413	–	1.00%	–
XHB	New	SPDR SERIES TRUSTs&p homebuild	$6,896,000	–	174,339	–	0.98%	–
C	New	CITIGROUP INC	$6,846,000	–	102,311	–	0.97%	–
EMR	New	EMERSON ELECTIC CO	$6,508,000	–	94,132	–	0.92%	–
DWDP	New	DOWDUPONT INC	$6,487,000	–	98,413	–	0.92%	–
HON	New	HONEYWELL INTL INC	$5,923,000	–	41,120	–	0.84%	–
BKNG	New	BOOKING HLDGS INC	$5,799,000	–	2,861	–	0.82%	–
MDT	New	MEDTRONIC HLDG PLC	$5,693,000	–	66,501	–	0.81%	–
XOM	New	EXXON MOBIL CORP	$5,626,000	–	68,005	–	0.80%	–
XLY	New	SELECT SECTOR SPDR TRsbi cons discr	$5,601,000	–	51,245	–	0.80%	–
CMCSA	New	COMCAST CORP	$5,572,000	–	169,817	–	0.79%	–
CVX	New	CHEVRON TEXACO	$5,493,000	–	43,446	–	0.78%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$5,489,000	–	94,527	–	0.78%	–
AXP	New	AMERICAN EXPRESS CO	$5,440,000	–	55,510	–	0.77%	–
EA	New	ELECTRONIC ARTS INC DEL	$5,362,000	–	38,023	–	0.76%	–
ICE	New	INTERCONTINENTAL EXCHAN	$5,333,000	–	72,514	–	0.76%	–
BDX	New	BECTON DICKINSON & COMP	$5,331,000	–	22,253	–	0.76%	–
MAR	New	MARRIOTT INTERNATIONAL INC	$5,241,000	–	41,397	–	0.74%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$5,193,000	–	55,538	–	0.74%	–
ACN	New	ACCENTURE PLC IRELAND	$5,172,000	–	31,618	–	0.73%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$5,018,000	–	31,830	–	0.71%	–
PEP	New	PEPSICO INC	$4,944,000	–	45,412	–	0.70%	–
USB	New	US BANCORP DEL	$4,748,000	–	94,946	–	0.67%	–
FTV	New	FORTIVE CORP	$4,659,000	–	60,423	–	0.66%	–
MDLZ	New	MONDELEZ INTL INCcl a	$4,576,000	–	111,609	–	0.65%	–
QCOM	New	QUALCOMM INC	$4,581,000	–	81,624	–	0.65%	–
AMT	New	AMERICAN TOWER CORP	$4,510,000	–	31,282	–	0.64%	–
NSC	New	NORFOLK SOUTHERN CORP	$4,508,000	–	29,878	–	0.64%	–
AGN	New	ALLERGAN PLC	$4,330,000	–	25,970	–	0.62%	–
MAS	New	MASCO CORP	$4,226,000	–	112,937	–	0.60%	–
MYL	New	MYLAN NV	$4,011,000	–	111,011	–	0.57%	–
SHPG	New	SHIRE PLCsponsored adr	$3,992,000	–	23,648	–	0.57%	–
TLT	New	ISHARES TRUST20 yr tr bd etf	$3,888,000	–	31,943	–	0.55%	–
EBAY	New	EBAY INC	$3,730,000	–	102,854	–	0.53%	–
MCHP	New	MICROCHIP TECHNOLOGY INC	$3,703,000	–	40,712	–	0.53%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$3,678,000	–	70,788	–	0.52%	–
TTWO	New	TAKE-2 INTERACTIVE SOFTWAR	$3,473,000	–	29,344	–	0.49%	–
DLTR	New	DOLLAR TREE INC	$3,352,000	–	39,432	–	0.48%	–
VZ	New	VERIZON COMMUNICATION	$3,355,000	–	66,689	–	0.48%	–
CSCO	New	CISCO SYSTEMS	$3,345,000	–	77,730	–	0.48%	–
HAL	New	HALLIBURTON COMPANY	$3,286,000	–	72,917	–	0.47%	–
GD	New	GENERAL DYNAMICS	$3,250,000	–	17,432	–	0.46%	–
INTC	New	INTEL INC	$3,214,000	–	64,647	–	0.46%	–
PYPL	New	PAYPAL HLDGS INC	$3,186,000	–	38,256	–	0.45%	–
RDSA	New	ROYAL DUTCH SHELL PLCsponsored adr	$3,157,000	–	45,599	–	0.45%	–
WH	New	WYNDHAM HOTELS AND RESORTS	$3,150,000	–	53,551	–	0.45%	–
MCD	New	MCDONALDS CORP	$3,136,000	–	20,017	–	0.44%	–
IEO	New	ISHARES TRUSTus oil gs ex etf	$3,136,000	–	42,196	–	0.44%	–
CL	New	COLGATE-PALMOLIVE	$3,007,000	–	46,396	–	0.43%	–
RY	New	ROYAL BANK CANADA	$3,005,000	–	39,896	–	0.43%	–
SO	New	SOUTHERN COMPANY	$2,992,000	–	64,611	–	0.42%	–
DUK	New	DUKE ENERGY CORP NEW	$2,994,000	–	37,864	–	0.42%	–
TTE	New	TOTAL S Asponsored adr	$2,890,000	–	47,724	–	0.41%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$2,856,000	–	10,460	–	0.40%	–
DHR	New	DANAHER CORPORATION	$2,784,000	–	28,219	–	0.40%	–
EL	New	LAUDER ESTEE COS INCcl a	$2,655,000	–	18,611	–	0.38%	–
MRK	New	MERCK & CO INC	$2,649,000	–	43,655	–	0.38%	–
T	New	AT&T INC	$2,552,000	–	79,456	–	0.36%	–
ETN	New	EATON CORP PLC	$2,531,000	–	33,864	–	0.36%	–
HD	New	HOME DEPOT INC	$2,337,000	–	11,974	–	0.33%	–
KHC	New	KRAFT HEINZ CO	$2,149,000	–	34,219	–	0.30%	–
CVS	New	CVS CORP	$2,119,000	–	32,926	–	0.30%	–
PG	New	PROCTER AND GAMBLE COMP	$2,115,000	–	27,097	–	0.30%	–
SLB	New	SCHLUMBERGER LTD	$2,095,000	–	31,253	–	0.30%	–
ZBH	New	ZIMMER BIOMET HLDGS INC	$2,075,000	–	18,621	–	0.30%	–
VYM	New	VANGUARD HIGH DIVIDENDd etf	$2,021,000	–	24,334	–	0.29%	–
SYF	New	SYNCHRONY FINL	$1,883,000	–	56,406	–	0.27%	–
LVS	New	LAS VEGAS SANDS CORP	$1,717,000	–	22,488	–	0.24%	–
LUV	New	SOUTHWEST AIRLINES	$1,642,000	–	32,278	–	0.23%	–
UPS	New	UNITED PARCEL SERVICE	$1,423,000	–	13,391	–	0.20%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$1,313,000	–	6,742	–	0.19%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$1,286,000	–	15,797	–	0.18%	–
IGSB	New	ISHARES 1-3YR CREDIT BOtf etf	$1,191,000	–	11,482	–	0.17%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$1,181,000	–	7,262	–	0.17%	–
TGT	New	TARGET CORP	$1,100,000	–	14,452	–	0.16%	–
DVY	New	ISHARES TRUSTdj sel div inx	$1,069,000	–	10,934	–	0.15%	–
XLI	New	SELECT SECTOR SPDR TRsbi int-inds	$1,022,000	–	14,260	–	0.14%	–
GSK	New	GLAXOSMITHKLINE PLCsponsored adr	$960,000	–	23,823	–	0.14%	–
ECL	New	ECOLAB INC	$907,000	–	6,460	–	0.13%	–
EFA	New	ISHARES TRUSTmsci eafe index	$870,000	–	12,983	–	0.12%	–
VV	New	VANGUARD INDEX FDSlarge cap etf	$712,000	–	5,705	–	0.10%	–
IBMH	New	ISHARES TR BONDS SEPetf	$655,000	–	25,809	–	0.09%	–
VBK	New	VANGUARD SMALL CAP GROWtf etf	$632,000	–	3,594	–	0.09%	–
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$583,000	–	2,593	–	0.08%	–
CVRR	New	CVR REFNG LP	$562,000	–	25,140	–	0.08%	–
KO	New	COCA COLA COMPANY	$561,000	–	12,773	–	0.08%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$556,000	–	7,060	–	0.08%	–
VBR	New	VANGUARD SMALL CAP VALUf etf	$547,000	–	4,029	–	0.08%	–
EFV	New	ISHARES TRUSTeafe value etf	$534,000	–	10,408	–	0.08%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$534,000	–	6,404	–	0.08%	–
NEE	New	NEXTERA ENERGY INC	$496,000	–	2,970	–	0.07%	–
TJX	New	TJX COMPANIES	$484,000	–	5,085	–	0.07%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$457,000	–	10,556	–	0.06%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$441,000	–	2,838	–	0.06%	–
VEA	New	VANGUARD TAX MANAGED INTL FDftse dev mkt etf	$421,000	–	9,821	–	0.06%	–
ABBV	New	ABBVIE INC	$408,000	–	4,409	–	0.06%	–
DIS	New	DISNEY	$409,000	–	3,904	–	0.06%	–
JCI	New	JOHNSON CONTROLS INC	$376,000	–	11,263	–	0.05%	–
IBM	New	IBM	$369,000	–	2,644	–	0.05%	–
LQD	New	ISHARES TRUSTiboxx inv cpbd	$358,000	–	3,121	–	0.05%	–
AMZN	New	AMAZON .COM INC	$340,000	–	200	–	0.05%	–
GE	New	GENERAL ELECTRIC COMPAN	$325,000	–	23,885	–	0.05%	–
NKE	New	NIKE INC	$322,000	–	4,040	–	0.05%	–
IGOV	New	ISHARES TR S&P/CITIGROUtl tetf	$322,000	–	6,558	–	0.05%	–
GWW	New	WW GRAINGER INC	$320,000	–	1,039	–	0.04%	–
BLK	New	BLACKROCK INC	$319,000	–	639	–	0.04%	–
VWO	New	VANGUARD FTSE EMERGINGets etf	$312,000	–	7,379	–	0.04%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$280,000	–	3,531	–	0.04%	–
ALE	New	ALLETE COM	$275,000	–	3,550	–	0.04%	–
IVE	New	ISHARES S&P 500 VALUE Eetf	$278,000	–	2,524	–	0.04%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$271,000	–	5,498	–	0.04%	–
NUE	New	NUCOR CO	$220,000	–	3,514	–	0.03%	–
IJJ	New	ISHARES TRUSTs&p mc 400vl etf	$209,000	–	1,292	–	0.03%	–
BBX	New	BBX CAP CORP NEWcl a	$90,000	–	10,000	–	0.01%	–
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$66,000	–	11,992	–	0.01%	–

Q4 2017

			Value		Shares		↓ Weighting
IRET	Exit	INVESTORS REAL ESTATE TRsh ben int	$0	–	-11,992	–	-0.01%	–
BBX	Exit	BBX CAP CORP NEWcl a	$0	–	-10,000	–	-0.01%	–
NUE	Exit	NUCOR CO	$0	–	-3,609	–	-0.03%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-1,755	–	-0.03%	–
IYR	Exit	ISHARES TRUSTus real es etf	$0	–	-3,009	–	-0.04%	–
CVRR	Exit	CVR REFNG LP	$0	–	-25,140	–	-0.04%	–
SCHD	Exit	SCHWAB STRATEGIC TRus dividend eq	$0	–	-5,498	–	-0.04%	–
PX	Exit	PRAXAIR INC	$0	–	-1,838	–	-0.04%	–
IVE	Exit	ISHARES S&P 500 VALUE Eetf	$0	–	-2,524	–	-0.04%	–
IGOV	Exit	ISHARES TR S&P/CITIGROUtl tetf	$0	–	-6,050	–	-0.04%	–
ALE	Exit	ALLETE COM	$0	–	-3,905	–	-0.04%	–
BLK	Exit	BLACKROCK INC	$0	–	-737	–	-0.05%	–
VWO	Exit	VANGUARD FTSE EMERGINGets etf	$0	–	-7,532	–	-0.05%	–
LQD	Exit	ISHARES TRUSTiboxx inv cpbd	$0	–	-2,997	–	-0.05%	–
MCK	Exit	MCKESSON HBOC INC	$0	–	-2,420	–	-0.05%	–
IBM	Exit	IBM	$0	–	-2,644	–	-0.06%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,970	–	-0.06%	–
VEA	Exit	VANGUARD TAX MANAGED INd msci eafe etf	$0	–	-10,150	–	-0.06%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-3,283	–	-0.07%	–
IJR	Exit	ISHARES TRUSTcore s&p scp etf	$0	–	-6,404	–	-0.07%	–
IJK	Exit	ISHARES TRUSTs&p mc 400gr etf	$0	–	-2,593	–	-0.08%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-6,411	–	-0.08%	–
EFG	Exit	ISHARES TRUSTeafe grwth etf	$0	–	-7,060	–	-0.08%	–
EFV	Exit	ISHARES TRUSTeafe value etf	$0	–	-10,408	–	-0.08%	–
QQQ	Exit	POWERSHARES QQQ TRUSTunit ser 1	$0	–	-3,939	–	-0.08%	–
EEM	Exit	ISHARES TRUSTmsci emg mkt etf	$0	–	-12,859	–	-0.08%	–
BA	Exit	BOEING	$0	–	-2,546	–	-0.09%	–
VV	Exit	VANGUARD INDEX FDSlarge cap etf	$0	–	-5,705	–	-0.10%	–
KO	Exit	COCA COLA COMPANY	$0	–	-15,622	–	-0.10%	–
IBMH	Exit	ISHARES TR BONDS SEPetf	$0	–	-28,476	–	-0.11%	–
VBK	Exit	VANGUARD SMALL CAP GROWtf etf	$0	–	-4,815	–	-0.11%	–
VBR	Exit	VANGUARD SMALL CAP VALUf etf	$0	–	-5,794	–	-0.11%	–
TGT	Exit	TARGET CORP	$0	–	-13,884	–	-0.12%	–
ECL	Exit	ECOLAB INC	$0	–	-6,618	–	-0.12%	–
EFA	Exit	ISHARES TRUSTmsci eafe index	$0	–	-13,506	–	-0.14%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-10,934	–	-0.15%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-7,262	–	-0.15%	–
GIS	Exit	GENERAL MILLS INC	$0	–	-22,047	–	-0.17%	–
IGSB	Exit	ISHARES 1-3YR CREDIT BOtf etf	$0	–	-11,467	–	-0.18%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-7,417	–	-0.19%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-18,156	–	-0.20%	–
QCOM	Exit	QUALCOMM INC	$0	–	-27,307	–	-0.21%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-13,154	–	-0.23%	–
HD	Exit	HOME DEPOT INC	$0	–	-11,736	–	-0.28%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-28,155	–	-0.29%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-32,948	–	-0.30%	–
MYL	Exit	MYLAN NV	$0	–	-68,157	–	-0.31%	–
EL	Exit	LAUDER ESTEE COS INCcl a	$0	–	-20,010	–	-0.31%	–
ETN	Exit	EATON CORP PLC	$0	–	-28,647	–	-0.32%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-25,734	–	-0.32%	–
VYM	Exit	VANGUARD HIGH DIVIDENDd etf	$0	–	-27,485	–	-0.32%	–
PYPL	Exit	PAYPAL HLDGS INC	$0	–	-41,449	–	-0.39%	–
MRK	Exit	MERCK & CO INC	$0	–	-41,791	–	-0.39%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-10,977	–	-0.40%	–
DWDP	Exit	DOWDUPONT INC	$0	–	-41,490	–	-0.42%	–
INTC	Exit	INTEL INC	$0	–	-77,607	–	-0.43%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-61,086	–	-0.44%	–
ABBV	Exit	ABBVIE INC	$0	–	-34,002	–	-0.44%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-36,244	–	-0.44%	–
RY	Exit	ROYAL BANK CANADA	$0	–	-39,895	–	-0.45%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-21,030	–	-0.47%	–
MCD	Exit	MCDONALDS CORP	$0	–	-21,776	–	-0.50%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-64,141	–	-0.50%	–
TLT	Exit	ISHARES TRUST20 yr tr bd etf	$0	–	-29,162	–	-0.53%	–
USB	Exit	US BANCORP DEL	$0	–	-69,402	–	-0.54%	–
XLE	Exit	SELECT SECTOR SPDR TRsbi int-energy	$0	–	-55,378	–	-0.55%	–
MAS	Exit	MASCO CORP	$0	–	-98,458	–	-0.56%	–
BDX	Exit	BECTON DICKINSON & COMP	$0	–	-19,706	–	-0.56%	–
ZBH	Exit	ZIMMER BIOMET HLDGS INC	$0	–	-33,043	–	-0.56%	–
AGN	Exit	ALLERGAN PLC	$0	–	-19,009	–	-0.57%	–
JCI	Exit	JOHNSON CONTROLS INC	$0	–	-101,725	–	-0.60%	–
AXP	Exit	AMERICAN EXPRESS CO	$0	–	-46,075	–	-0.61%	–
CELG	Exit	CELGENE CORP	$0	–	-29,260	–	-0.62%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-62,595	–	-0.63%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-32,214	–	-0.63%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-76,702	–	-0.64%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-107,580	–	-0.64%	–
DIS	Exit	DISNEY	$0	–	-45,743	–	-0.66%	–
MAR	Exit	MARRIOTT INTERNATIONAL INC	$0	–	-41,181	–	-0.66%	–
FTV	Exit	FORTIVE CORP	$0	–	-67,517	–	-0.70%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-66,449	–	-0.75%	–
PM	Exit	PHILIP MORRIS	$0	–	-48,203	–	-0.78%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-27,360	–	-0.78%	–
PCLN	Exit	PRICELINE COM INC	$0	–	-2,965	–	-0.79%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-69,019	–	-0.80%	–
C	Exit	CITIGROUP INC	$0	–	-77,807	–	-0.82%	–
CTSH	Exit	COGNIZANT TECH SOLUTION	$0	–	-83,733	–	-0.88%	–
ORCL	Exit	ORACLE SYSTEMS INC	$0	–	-125,990	–	-0.89%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-52,038	–	-0.89%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-45,689	–	-0.94%	–
CVS	Exit	CVS CORP	$0	–	-80,015	–	-0.95%	–
CMCSA	Exit	COMCAST CORP	$0	–	-173,320	–	-0.97%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-62,767	–	-0.97%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-141,975	–	-1.02%	–
PFE	Exit	PFIZER INC	$0	–	-198,281	–	-1.03%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-212,608	–	-1.04%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-68,109	–	-1.06%	–
PEP	Exit	PEPSICO INC	$0	–	-66,447	–	-1.08%	–
V	Exit	VISA INC	$0	–	-71,592	–	-1.10%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-94,491	–	-1.13%	–
T	Exit	AT&T INC	$0	–	-198,758	–	-1.13%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-86,010	–	-1.14%	–
XHB	Exit	SPDR SERIES TRUSTs&p homebuild	$0	–	-216,157	–	-1.25%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-25,883	–	-1.26%	–
BRKB	Exit	BERKSHIRE HATHAWAY	$0	–	-48,683	–	-1.30%	–
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-374,295	–	-1.32%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-179,274	–	-1.38%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-188,665	–	-1.52%	–
FB	Exit	FACEBOOK INC	$0	–	-62,240	–	-1.55%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-113,355	–	-1.58%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-84,339	–	-1.60%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-75,650	–	-1.62%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-148,874	–	-1.80%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-148,308	–	-1.90%	–
GOOGL	Exit	ALPHABET INC	$0	–	-13,499	–	-1.92%	–
MSFT	Exit	MICROSOFT INC	$0	–	-191,552	–	-2.08%	–
AAPL	Exit	APPLE COMPUTER	$0	–	-100,054	–	-2.25%	–
VONE	Exit	VANGUARD SCOTTSDALE FDSvng rus1000idx	$0	–	-162,419	–	-2.73%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-129,580	–	-3.72%	–
SPY	Exit	SPDR S &P 500 ETF TRtr unit	$0	–	-102,812	–	-3.76%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-183,106	–	-3.95%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-515,477	–	-8.23%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-313,076	–	-10.52%	–

Q3 2017

			Value		Shares		↓ Weighting
VOO	Sell	VANGUARD INDEX FDSs&p 500 eft sh	$72,246,000	-1.7%	313,076	-5.4%	10.52%	-3.4%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$56,491,000	+1.4%	515,477	+1.4%	8.23%	-0.4%
IWM	Buy	ISHARES TRUSTrussell 2000	$27,133,000	+5.6%	183,106	+0.5%	3.95%	+3.8%
SPY	Buy	SPDR S &P 500 ETF TRtr unit	$25,829,000	+4.0%	102,812	+0.1%	3.76%	+2.2%
IWR	Buy	ISHARES RUSSELL MIDCAPx fdetf	$25,547,000	+3.4%	129,580	+0.8%	3.72%	+1.6%
VONE	Sell	VANGUARD SCOTTSDALE FDSvng rus1000idx	$18,746,000	-15.1%	162,419	-18.3%	2.73%	-16.6%
AAPL	Sell	APPLE COMPUTER	$15,420,000	+6.2%	100,054	-0.7%	2.25%	+4.4%
MSFT	Sell	MICROSOFT INC	$14,268,000	+8.0%	191,552	-0.0%	2.08%	+6.1%
GOOGL	Sell	ALPHABET INC	$13,144,000	+3.9%	13,499	-0.8%	1.92%	+2.1%
VCIT	Buy	VANGUARD SCOTTSDALE FDSint-term corp	$13,053,000	+2.8%	148,308	+2.2%	1.90%	+1.0%
VNQ	Sell	VANGUARD INDEX FDSreit etf	$12,370,000	-28.7%	148,874	-28.6%	1.80%	-30.0%
VO	Sell	VANGUARD INDEX FDSmid cap etf	$11,121,000	-1.6%	75,650	-4.6%	1.62%	-3.4%
JNJ	Buy	JOHNSON AND JOHNSON	$10,965,000	-0.4%	84,339	+1.4%	1.60%	-2.1%
JPM	Buy	JP MORGAN CHASE & CO	$10,827,000	+31.3%	113,355	+25.7%	1.58%	+29.1%
FB	Buy	FACEBOOK INC	$10,635,000	+14.3%	62,240	+1.0%	1.55%	+12.3%
WFC	Buy	WELLS FARGO & CO NEW CO	$10,405,000	-0.4%	188,665	+0.0%	1.52%	-2.2%
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$9,510,000	+2.0%	179,274	-0.1%	1.38%	+0.1%
GE	Buy	GENERAL ELECTRIC COMPAN	$9,050,000	-8.6%	374,295	+2.1%	1.32%	-10.2%
BRKB	Sell	BERKSHIRE HATHAWAY	$8,925,000	+7.3%	48,683	-0.9%	1.30%	+5.3%
IBB	Buy	ISHARES TRUSTnasdq bio indx	$8,634,000	+7.8%	25,883	+0.2%	1.26%	+5.9%
XHB	Buy	SPDR SERIES TRUSTs&p homebuild	$8,607,000	+4.8%	216,157	+1.4%	1.25%	+3.0%
PG	Buy	PROCTER AND GAMBLE COMP	$7,825,000	+4.4%	86,010	+0.0%	1.14%	+2.6%
T	Buy	AT&T INC	$7,785,000	+4.4%	198,758	+0.6%	1.13%	+2.5%
XOM	Sell	EXXON MOBIL CORP	$7,746,000	+1.3%	94,491	-0.2%	1.13%	-0.5%
V	Buy	VISA INC	$7,534,000	+12.9%	71,592	+0.6%	1.10%	+10.8%
PEP	Sell	PEPSICO INC	$7,404,000	-4.3%	66,447	-0.8%	1.08%	-5.9%
IEF	Buy	ISHARES TRUST7-10 y tr bd etf	$7,255,000	+2.2%	68,109	+2.2%	1.06%	+0.4%
CSCO	Buy	CISCO SYSTEMS	$7,150,000	+9.9%	212,608	+2.2%	1.04%	+8.0%
PFE	Buy	PFIZER INC	$7,079,000	+8.0%	198,281	+1.6%	1.03%	+6.1%
VZ	Buy	VERIZON COMMUNICATION	$7,026,000	+12.3%	141,975	+1.3%	1.02%	+10.2%
PRU	Buy	PRUDENTIAL FINANCIAL IN	$6,674,000	+28.4%	62,767	+30.6%	0.97%	+26.1%
CMCSA	Buy	COMCAST CORP	$6,669,000	+92.5%	173,320	+94.7%	0.97%	+88.9%
CVS	Buy	CVS CORP	$6,507,000	+2.7%	80,015	+1.6%	0.95%	+0.9%
HON	Buy	HONEYWELL INTL INC	$6,476,000	+8.5%	45,689	+2.0%	0.94%	+6.6%
CVX	Buy	CHEVRON TEXACO	$6,115,000	+12.9%	52,038	+0.3%	0.89%	+11.0%
ORCL	Buy	ORACLE SYSTEMS INC	$6,092,000	-1.6%	125,990	+2.1%	0.89%	-3.4%
CTSH	Buy	COGNIZANT TECH SOLUTION	$6,074,000	+9.6%	83,733	+0.3%	0.88%	+7.7%
C	Buy	CITIGROUP INC	$5,660,000	+8.9%	77,807	+0.1%	0.82%	+6.9%
LOW	Buy	LOWES COMPANIES INC	$5,517,000	+6.1%	69,019	+2.9%	0.80%	+4.3%
PCLN	Buy	PRICELINE COM INC	$5,428,000	-1.8%	2,965	+0.3%	0.79%	-3.5%
UNH	Sell	UNITEDHEALTH GROUP INC	$5,358,000	+3.6%	27,360	-1.9%	0.78%	+1.7%
PM	Buy	PHILIP MORRIS	$5,351,000	-3.4%	48,203	+2.2%	0.78%	-5.1%
MDT	Sell	MEDTRONIC HLDG PLC	$5,168,000	-12.4%	66,449	-0.1%	0.75%	-13.9%
FTV	Buy	FORTIVE CORP	$4,779,000	+24.1%	67,517	+11.0%	0.70%	+21.9%
MAR	Buy	MARRIOTT INTERNATIONAL INC	$4,541,000	+16.8%	41,181	+6.3%	0.66%	+14.8%
DIS	Sell	DISNEY	$4,509,000	-28.5%	45,743	-22.9%	0.66%	-29.7%
MDLZ	Buy	MONDELEZ INTL INCcl a	$4,374,000	-2.4%	107,580	+3.7%	0.64%	-4.2%
XLB	Buy	SELECT SECTOR SPDR TRsbi materials	$4,357,000	+192.8%	76,702	+177.4%	0.64%	+187.3%
ACN	Sell	ACCENTURE PLC IRELAND	$4,351,000	+8.3%	32,214	-0.8%	0.63%	+6.4%
ICE	Sell	INTERCONTINENTAL EXCHAN	$4,300,000	+1.0%	62,595	-3.1%	0.63%	-0.8%
CELG	Sell	CELGENE CORP	$4,267,000	+10.6%	29,260	-1.5%	0.62%	+8.7%
AXP	Sell	AMERICAN EXPRESS CO	$4,168,000	+6.7%	46,075	-0.7%	0.61%	+4.7%
JCI	Buy	JOHNSON CONTROLS INC	$4,099,000	-2.8%	101,725	+4.6%	0.60%	-4.6%
AGN	Buy	ALLERGAN PLC	$3,895,000	-11.4%	19,009	+5.1%	0.57%	-13.0%
ZBH	Buy	ZIMMER BIOMET HLDGS INC	$3,869,000	-7.7%	33,043	+1.2%	0.56%	-9.2%
BDX	Buy	BECTON DICKINSON & COMP	$3,861,000	+1.8%	19,706	+1.4%	0.56%	0.0%
MAS	Buy	MASCO CORP	$3,841,000	+7.8%	98,458	+5.6%	0.56%	+5.9%
XLE	Sell	SELECT SECTOR SPDR TRsbi int-energy	$3,792,000	-34.8%	55,378	-38.2%	0.55%	-36.0%
USB	Buy	US BANCORP DEL	$3,719,000	+3.4%	69,402	+0.2%	0.54%	+1.7%
TLT	Buy	ISHARES TRUST20 yr tr bd etf	$3,638,000	+2.0%	29,162	+2.3%	0.53%	+0.2%
TTE	Buy	TOTAL S Asponsored adr	$3,433,000	+8.2%	64,141	+0.2%	0.50%	+6.2%
MCD	Sell	MCDONALDS CORP	$3,412,000	-0.4%	21,776	-2.6%	0.50%	-2.2%
SHPG	Buy	SHIRE PLCsponsored adr	$3,221,000	+11.5%	21,030	+20.3%	0.47%	+9.6%
RY	Buy	ROYAL BANK CANADA	$3,086,000	+7.2%	39,895	+0.5%	0.45%	+5.4%
DUK	Buy	DUKE ENERGY CORP NEW	$3,042,000	+0.9%	36,244	+0.5%	0.44%	-0.9%
ABBV	Sell	ABBVIE INC	$3,022,000	+0.6%	34,002	-17.9%	0.44%	-1.1%
SO	Buy	SOUTHERN COMPANY	$3,002,000	+5.2%	61,086	+2.5%	0.44%	+3.3%
INTC	Sell	INTEL INC	$2,955,000	+10.9%	77,607	-1.7%	0.43%	+8.9%
DWDP	New	DOWDUPONT INC	$2,872,000	–	41,490	–	0.42%	–
IVV	Sell	ISHARES TRUSTcore s&p500 etf	$2,776,000	+3.2%	10,977	-0.7%	0.40%	+1.3%
MRK	Buy	MERCK & CO INC	$2,675,000	+0.9%	41,791	+1.1%	0.39%	-0.8%
PYPL	Buy	PAYPAL HLDGS INC	$2,654,000	+23.8%	41,449	+3.7%	0.39%	+21.7%
DHR	Sell	DANAHER CORPORATION	$2,207,000	-20.5%	25,734	-21.8%	0.32%	-21.9%
ETN	Buy	EATON CORP PLC	$2,200,000	+1.6%	28,647	+3.0%	0.32%	-0.3%
EL	Buy	LAUDER ESTEE COS INCcl a	$2,158,000	+15.5%	20,010	+2.8%	0.31%	+13.4%
MYL	Buy	MYLAN NV	$2,138,000	-17.5%	68,157	+2.1%	0.31%	-19.0%
EMR	Sell	EMERSON ELECTIC CO	$2,070,000	+0.9%	32,948	-4.2%	0.30%	-0.7%
SLB	Buy	SCHLUMBERGER LTD	$1,964,000	+30.4%	28,155	+23.0%	0.29%	+28.3%
HD	Sell	HOME DEPOT INC	$1,920,000	-2.1%	11,736	-8.2%	0.28%	-3.8%
UPS	Buy	UNITED PARCEL SERVICE	$1,580,000	+11.3%	13,154	+2.5%	0.23%	+9.0%
QCOM	Sell	QUALCOMM INC	$1,416,000	-11.6%	27,307	-5.9%	0.21%	-13.4%
KHC	Buy	KRAFT HEINZ CO	$1,408,000	+66.2%	18,156	+83.5%	0.20%	+62.7%
IJH	Buy	ISHARES TRUSTcore s&p mcp etf	$1,327,000	+58.9%	7,417	+54.6%	0.19%	+55.6%
IGSB	Buy	ISHARES 1-3YR CREDIT BOtf etf	$1,208,000	+0.3%	11,467	+0.3%	0.18%	-1.7%
GIS	Buy	GENERAL MILLS INC	$1,141,000	-5.5%	22,047	+1.2%	0.17%	-7.3%
IVW	Buy	ISHARES S&P 500 GROWTHetf	$1,042,000	+212.9%	7,262	+198.4%	0.15%	+210.2%
DVY	Sell	ISHARES TRUSTdj sel div inx	$1,024,000	-8.8%	10,934	-10.2%	0.15%	-10.8%
EFA	Buy	ISHARES TRUSTmsci eafe index	$925,000	+9.2%	13,506	+3.9%	0.14%	+7.1%
ECL	Buy	ECOLAB INC	$851,000	-2.9%	6,618	+0.3%	0.12%	-4.6%
TGT	Buy	TARGET CORP	$820,000	+19.5%	13,884	+5.8%	0.12%	+16.7%
VBR	Sell	VANGUARD SMALL CAP VALUf etf	$740,000	+1.6%	5,794	-2.1%	0.11%	0.0%
IBMH	Sell	ISHARES TR BONDS SEPetf	$728,000	-2.3%	28,476	-2.5%	0.11%	-3.6%
KO	Sell	COCA COLA COMPANY	$703,000	-20.3%	15,622	-20.6%	0.10%	-22.1%
VV	New	VANGUARD INDEX FDSlarge cap etf	$658,000	–	5,705	–	0.10%	–
BA	Sell	BOEING	$647,000	-72.6%	2,546	-78.7%	0.09%	-73.1%
EEM	Buy	ISHARES TRUSTmsci emg mkt etf	$576,000	+146.2%	12,859	+127.8%	0.08%	+140.0%
EFV	New	ISHARES TRUSTeafe value etf	$568,000	–	10,408	–	0.08%	–
QQQ	New	POWERSHARES QQQ TRUSTunit ser 1	$573,000	–	3,939	–	0.08%	–
EFG	New	ISHARES TRUSTeafe grwth etf	$546,000	–	7,060	–	0.08%	–
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$526,000	+31.8%	6,411	+31.6%	0.08%	+30.5%
IJK	New	ISHARES TRUSTs&p mc 400gr etf	$525,000	–	2,593	–	0.08%	–
IJR	New	ISHARES TRUSTcore s&p scp etf	$475,000	–	6,404	–	0.07%	–
VEA	Buy	VANGUARD TAX MANAGED INd msci eafe etf	$441,000	+8.6%	10,150	+3.4%	0.06%	+6.7%
IBM	Sell	IBM	$384,000	-18.1%	2,644	-13.1%	0.06%	-20.0%
MCK	Sell	MCKESSON HBOC INC	$372,000	-15.5%	2,420	-9.6%	0.05%	-16.9%
BLK	Sell	BLACKROCK INC	$330,000	-13.4%	737	-18.3%	0.05%	-14.3%
IGOV	Buy	ISHARES TR S&P/CITIGROUtl tetf	$298,000	+14.2%	6,050	+121.8%	0.04%	+10.3%
PX	Sell	PRAXAIR INC	$257,000	+2.8%	1,838	-2.4%	0.04%	0.0%
CVRR	New	CVR REFNG LP	$248,000	–	25,140	–	0.04%	–
FFIV	Sell	F5 NETWORKS INC	$212,000	-8.2%	1,755	-3.3%	0.03%	-8.8%
NUE	Sell	NUCOR CO	$202,000	-28.9%	3,609	-26.3%	0.03%	-31.0%
BBX	New	BBX CAP CORP NEWcl a	$74,000	–	10,000	–	0.01%	–
IRET	New	INVESTORS REAL ESTATE TRsh ben int	$73,000	–	11,992	–	0.01%	–
BIIB	Exit	BIOGEN IDEC	$0	–	-768	–	-0.03%	–
NKE	Exit	NIKE INC	$0	–	-3,613	–	-0.03%	–
ROST	Exit	ROSS STORES INC	$0	–	-4,136	–	-0.04%	–
GILD	Exit	GILEAD SCI INC	$0	–	-4,640	–	-0.05%	–
GWW	Exit	GRAINGER WW INC	$0	–	-2,077	–	-0.06%	–
DD	Exit	DUPONT E I DE NEMOURS	$0	–	-4,896	–	-0.06%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-33,779	–	-0.29%	–
DOW	Exit	DOW CHEMICAL	$0	–	-34,976	–	-0.33%	–
ABC	Exit	AMERISOURCEBERGEN CORP	$0	–	-36,189	–	-0.51%	–

Q2 2017

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$73,500,000	–	330,994	–	10.90%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$55,687,000	–	508,508	–	8.26%	–
IWM	New	ISHARES TRUSTrussell 2000	$25,684,000	–	182,252	–	3.81%	–
SPY	New	SPDR S &P 500 ETF TRtr unit	$24,826,000	–	102,670	–	3.68%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$24,703,000	–	128,589	–	3.66%	–
VONE	New	VANGUARD SCOTTSDALE FDSvng rus1000idx	$22,076,000	–	198,718	–	3.27%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$17,349,000	–	208,448	–	2.57%	–
AAPL	New	APPLE COMPUTER	$14,514,000	–	100,779	–	2.15%	–
MSFT	New	MICROSOFT INC	$13,205,000	–	191,571	–	1.96%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$12,700,000	–	145,091	–	1.88%	–
GOOGL	New	ALPHABET INC	$12,651,000	–	13,608	–	1.88%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$11,307,000	–	79,336	–	1.68%	–
JNJ	New	JOHNSON AND JOHNSON	$11,008,000	–	83,215	–	1.63%	–
WFC	New	WELLS FARGO & CO NEW CO	$10,450,000	–	188,587	–	1.55%	–
GE	New	GENERAL ELECTRIC COMPAN	$9,899,000	–	366,518	–	1.47%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-utils	$9,327,000	–	179,511	–	1.38%	–
FB	New	FACEBOOK INC	$9,301,000	–	61,601	–	1.38%	–
BRKB	New	BERKSHIRE HATHAWAY	$8,321,000	–	49,126	–	1.23%	–
JPM	New	JP MORGAN CHASE & CO	$8,244,000	–	90,193	–	1.22%	–
XHB	New	SPDR SERIES TRUSTs&p homebuild	$8,213,000	–	213,171	–	1.22%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$8,012,000	–	25,839	–	1.19%	–
PEP	New	PEPSICO INC	$7,734,000	–	66,960	–	1.15%	–
XOM	New	EXXON MOBIL CORP	$7,644,000	–	94,688	–	1.13%	–
PG	New	PROCTER AND GAMBLE COMP	$7,493,000	–	85,974	–	1.11%	–
T	New	AT&T INC	$7,457,000	–	197,647	–	1.11%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$7,102,000	–	66,617	–	1.05%	–
V	New	VISA INC	$6,674,000	–	71,168	–	0.99%	–
PFE	New	PFIZER INC	$6,556,000	–	195,186	–	0.97%	–
CSCO	New	CISCO SYSTEMS	$6,508,000	–	207,935	–	0.96%	–
CVS	New	CVS CORP	$6,336,000	–	78,748	–	0.94%	–
DIS	New	DISNEY	$6,303,000	–	59,322	–	0.94%	–
VZ	New	VERIZON COMMUNICATION	$6,258,000	–	140,125	–	0.93%	–
ORCL	New	ORACLE SYSTEMS INC	$6,188,000	–	123,411	–	0.92%	–
HON	New	HONEYWELL INTL INC	$5,968,000	–	44,776	–	0.88%	–
MDT	New	MEDTRONIC HLDG PLC	$5,902,000	–	66,505	–	0.88%	–
XLE	New	SELECT SECTOR SPDR TRsbi int-energy	$5,816,000	–	89,586	–	0.86%	–
CTSH	New	COGNIZANT TECH SOLUTION	$5,542,000	–	83,465	–	0.82%	–
PM	New	PHILIP MORRIS	$5,539,000	–	47,156	–	0.82%	–
PCLN	New	PRICELINE COM INC	$5,527,000	–	2,955	–	0.82%	–
CVX	New	CHEVRON TEXACO	$5,415,000	–	51,899	–	0.80%	–
LOW	New	LOWES COMPANIES INC	$5,202,000	–	67,097	–	0.77%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$5,198,000	–	48,066	–	0.77%	–
C	New	CITIGROUP INC	$5,197,000	–	77,699	–	0.77%	–
UNH	New	UNITEDHEALTH GROUP INC	$5,172,000	–	27,898	–	0.77%	–
MDLZ	New	MONDELEZ INTL INCcl a	$4,483,000	–	103,789	–	0.66%	–
AGN	New	ALLERGAN PLC	$4,397,000	–	18,088	–	0.65%	–
ICE	New	INTERCONTINENTAL EXCHAN	$4,256,000	–	64,570	–	0.63%	–
JCI	New	JOHNSON CONTROLS INC	$4,219,000	–	97,288	–	0.63%	–
ZBH	New	ZIMMER BIOMET HLDGS INC	$4,191,000	–	32,641	–	0.62%	–
ACN	New	ACCENTURE PLC IRELAND	$4,017,000	–	32,476	–	0.60%	–
AXP	New	AMERICAN EXPRESS CO	$3,908,000	–	46,393	–	0.58%	–
MAR	New	MARRIOTT INTERNATIONAL INC	$3,887,000	–	38,754	–	0.58%	–
CELG	New	CELGENE CORP	$3,859,000	–	29,712	–	0.57%	–
FTV	New	FORTIVE CORP	$3,852,000	–	60,812	–	0.57%	–
BDX	New	BECTON DICKINSON & COMP	$3,791,000	–	19,431	–	0.56%	–
USB	New	US BANCORP DEL	$3,595,000	–	69,242	–	0.53%	–
TLT	New	ISHARES TRUST20 yr tr bd etf	$3,568,000	–	28,517	–	0.53%	–
MAS	New	MASCO CORP	$3,562,000	–	93,208	–	0.53%	–
CMCSA	New	COMCAST CORP	$3,464,000	–	89,011	–	0.51%	–
MCD	New	MCDONALDS CORP	$3,425,000	–	22,357	–	0.51%	–
ABC	New	AMERISOURCEBERGEN CORP	$3,421,000	–	36,189	–	0.51%	–
TTE	New	TOTAL S Asponsored adr	$3,173,000	–	63,983	–	0.47%	–
DUK	New	DUKE ENERGY CORP NEW	$3,014,000	–	36,059	–	0.45%	–
ABBV	New	ABBVIE INC	$3,003,000	–	41,417	–	0.44%	–
SHPG	New	SHIRE PLCsponsored adr	$2,888,000	–	17,475	–	0.43%	–
RY	New	ROYAL BANK CANADA	$2,878,000	–	39,684	–	0.43%	–
SO	New	SOUTHERN COMPANY	$2,854,000	–	59,599	–	0.42%	–
DHR	New	DANAHER CORPORATION	$2,775,000	–	32,887	–	0.41%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$2,691,000	–	11,058	–	0.40%	–
INTC	New	INTEL INC	$2,665,000	–	78,988	–	0.40%	–
MRK	New	MERCK & CO INC	$2,651,000	–	41,354	–	0.39%	–
MYL	New	MYLAN NV	$2,591,000	–	66,736	–	0.38%	–
BA	New	BOEING	$2,361,000	–	11,935	–	0.35%	–
DOW	New	DOW CHEMICAL	$2,206,000	–	34,976	–	0.33%	–
ETN	New	EATON CORP PLC	$2,165,000	–	27,815	–	0.32%	–
VYM	New	VANGUARD HIGH DIVIDENDd etf	$2,148,000	–	27,485	–	0.32%	–
PYPL	New	PAYPAL HLDGS INC	$2,144,000	–	39,951	–	0.32%	–
EMR	New	EMERSON ELECTIC CO	$2,052,000	–	34,410	–	0.30%	–
SBUX	New	STARBUCKS CORP	$1,970,000	–	33,779	–	0.29%	–
HD	New	HOME DEPOT INC	$1,962,000	–	12,787	–	0.29%	–
EL	New	LAUDER ESTEE COS INCcl a	$1,868,000	–	19,458	–	0.28%	–
QCOM	New	QUALCOMM INC	$1,602,000	–	29,005	–	0.24%	–
SLB	New	SCHLUMBERGER LTD	$1,506,000	–	22,883	–	0.22%	–
XLB	New	SELECT SECTOR SPDR TRsbi materials	$1,488,000	–	27,649	–	0.22%	–
UPS	New	UNITED PARCEL SERVICE	$1,420,000	–	12,837	–	0.21%	–
GIS	New	GENERAL MILLS INC	$1,208,000	–	21,795	–	0.18%	–
IGSB	New	ISHARES 1-3YR CREDIT BOtf etf	$1,204,000	–	11,430	–	0.18%	–
DVY	New	ISHARES TRUSTdj sel div inx	$1,123,000	–	12,176	–	0.17%	–
KO	New	COCA COLA COMPANY	$882,000	–	19,665	–	0.13%	–
ECL	New	ECOLAB INC	$876,000	–	6,600	–	0.13%	–
KHC	New	KRAFT HEINZ CO	$847,000	–	9,893	–	0.13%	–
EFA	New	ISHARES TRUSTmsci eafe index	$847,000	–	13,000	–	0.13%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$835,000	–	4,799	–	0.12%	–
IBMH	New	ISHARES TR BONDS SEPetf	$745,000	–	29,211	–	0.11%	–
VBR	New	VANGUARD SMALL CAP VALUf etf	$728,000	–	5,921	–	0.11%	–
VBK	New	VANGUARD SMALL CAP GROWtf etf	$702,000	–	4,815	–	0.10%	–
TGT	New	TARGET CORP	$686,000	–	13,122	–	0.10%	–
IBM	New	IBM	$469,000	–	3,044	–	0.07%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$445,000	–	3,283	–	0.07%	–
MCK	New	MCKESSON HBOC INC	$440,000	–	2,676	–	0.06%	–
NEE	New	NEXTERA ENERGY INC	$416,000	–	2,970	–	0.06%	–
VEA	New	VANGUARD TAX MANAGED INd msci eafe etf	$406,000	–	9,820	–	0.06%	–
DD	New	DUPONT E I DE NEMOURS	$395,000	–	4,896	–	0.06%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$399,000	–	4,873	–	0.06%	–
BLK	New	BLACKROCK INC	$381,000	–	902	–	0.06%	–
GWW	New	GRAINGER WW INC	$375,000	–	2,077	–	0.06%	–
LQD	New	ISHARES TRUSTiboxx inv cpbd	$361,000	–	2,997	–	0.05%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$333,000	–	2,434	–	0.05%	–
GILD	New	GILEAD SCI INC	$328,000	–	4,640	–	0.05%	–
VWO	New	VANGUARD FTSE EMERGINGets etf	$308,000	–	7,532	–	0.05%	–
ALE	New	ALLETE COM	$280,000	–	3,905	–	0.04%	–
NUE	New	NUCOR CO	$284,000	–	4,899	–	0.04%	–
IVE	New	ISHARES S&P 500 VALUE Eetf	$265,000	–	2,524	–	0.04%	–
IGOV	New	ISHARES TR S&P/CITIGROUtl tetf	$261,000	–	2,728	–	0.04%	–
SCHD	New	SCHWAB STRATEGIC TRus dividend eq	$248,000	–	5,498	–	0.04%	–
PX	New	PRAXAIR INC	$250,000	–	1,883	–	0.04%	–
IYR	New	ISHARES TRUSTus real es etf	$240,000	–	3,009	–	0.04%	–
ROST	New	ROSS STORES INC	$238,000	–	4,136	–	0.04%	–
EEM	New	ISHARES TRUSTmsci emg mkt etf	$234,000	–	5,644	–	0.04%	–
FFIV	New	F5 NETWORKS INC	$231,000	–	1,815	–	0.03%	–
NKE	New	NIKE INC	$213,000	–	3,613	–	0.03%	–
BIIB	New	BIOGEN IDEC	$208,000	–	768	–	0.03%	–

Q4 2016

			Value		Shares		↓ Weighting
PX	Exit	PRAXAIR INC	$0	–	-1,964	–	-0.04%	–
SDY	Exit	SELECT SECTOR SPDR TRs&p divid etf	$0	–	-2,789	–	-0.04%	–
ALE	Exit	ALLETE COM	$0	–	-3,905	–	-0.04%	–
NUE	Exit	NUCOR CO	$0	–	-4,899	–	-0.04%	–
IVE	Exit	ISHARES S&P 500 VALUE Eetf	$0	–	-2,524	–	-0.04%	–
FFIV	Exit	F5 NETWORKS INC	$0	–	-2,122	–	-0.04%	–
IGOV	Exit	ISHARES TR S&P/CITIGROUtl tetf	$0	–	-2,797	–	-0.04%	–
ROST	Exit	ROSS STORES INC	$0	–	-4,448	–	-0.05%	–
IVW	Exit	ISHARES S&P 500 GROWTHetf	$0	–	-2,434	–	-0.05%	–
CL	Exit	COLGATE-PALMOLIVE COMP	$0	–	-4,300	–	-0.05%	–
VWO	Exit	VANGUARD FTSE EMERGINGets etf	$0	–	-8,712	–	-0.05%	–
DD	Exit	DUPONT E I DE NEMOURS	$0	–	-5,017	–	-0.05%	–
	Exit	MONSANTO COMPANY	$0	–	-3,514	–	-0.06%	–
GILD	Exit	GILEAD SCI INC	$0	–	-4,640	–	-0.06%	–
NEE	Exit	NEXTERA ENERGY INC	$0	–	-2,970	–	-0.06%	–
VB	Exit	VANGUARD INDEX FDSsmall cp etf	$0	–	-3,014	–	-0.06%	–
TJX	Exit	TJX COMPANIES	$0	–	-5,175	–	-0.06%	–
BND	Exit	VANGUARD BD INDEX FD INCtotal bnd mrkt	$0	–	-5,110	–	-0.07%	–
LQD	Exit	ISHARES TRUSTiboxx inv cpbd	$0	–	-3,550	–	-0.07%	–
GWW	Exit	GRAINGER WW INC	$0	–	-2,077	–	-0.08%	–
IBM	Exit	IBM	$0	–	-3,044	–	-0.08%	–
VEA	Exit	VANGUARD TAX MANAGED INd msci eafe etf	$0	–	-14,186	–	-0.09%	–
TGT	Exit	TARGET CORP	$0	–	-7,867	–	-0.09%	–
VBK	Exit	VANGUARD SMALL CAP GROWtf etf	$0	–	-5,106	–	-0.11%	–
VBR	Exit	VANGUARD SMALL CAP VALUf etf	$0	–	-6,446	–	-0.12%	–
DOW	Exit	DOW CHEMICAL	$0	–	-14,263	–	-0.12%	–
IBMH	Exit	ISHARES TR BONDS SEPetf	$0	–	-29,055	–	-0.12%	–
ECL	Exit	ECOLAB INC	$0	–	-6,600	–	-0.13%	–
IJH	Exit	ISHARES TRUSTcore s&p mcp etf	$0	–	-5,404	–	-0.14%	–
EFA	Exit	ISHARES TRUSTmsci eafe index	$0	–	-14,280	–	-0.14%	–
BLK	Exit	BLACKROCK INC	$0	–	-2,390	–	-0.14%	–
JWN	Exit	NORDSTROM INC	$0	–	-18,798	–	-0.16%	–
XLB	Exit	SELECT SECTOR SPDR TRsbi materials	$0	–	-24,266	–	-0.19%	–
DVY	Exit	ISHARES TRUSTdj sel div inx	$0	–	-13,473	–	-0.19%	–
KHC	Exit	KRAFT HEINZ CO	$0	–	-13,201	–	-0.19%	–
IGSB	Exit	ISHARES 1-3YR CREDIT BOtf etf	$0	–	-13,216	–	-0.23%	–
SHPG	Exit	SHIRE PLCsponsored adr	$0	–	-7,693	–	-0.24%	–
UPS	Exit	UNITED PARCEL SERVICE	$0	–	-13,702	–	-0.24%	–
ETN	Exit	EATON CORP PLC	$0	–	-23,124	–	-0.25%	–
EMR	Exit	EMERSON ELECTIC CO	$0	–	-27,959	–	-0.25%	–
TTE	Exit	TOTAL S Asponsored adr	$0	–	-32,326	–	-0.25%	–
GIS	Exit	GENERAL MILLS INC	$0	–	-25,712	–	-0.27%	–
BIIB	Exit	BIOGEN IDEC	$0	–	-5,501	–	-0.28%	–
SLB	Exit	SCHLUMBERGER LTD	$0	–	-21,979	–	-0.28%	–
FOXA	Exit	TWENTY FIRST CENTURY FOX INCcl a	$0	–	-73,389	–	-0.29%	–
MDLZ	Exit	MONDELEZ INTL INCcl a	$0	–	-41,041	–	-0.29%	–
FTV	Exit	FORTIVE CORP	$0	–	-35,392	–	-0.29%	–
RY	Exit	ROYAL BANK CANADA	$0	–	-29,756	–	-0.30%	–
STT	Exit	STATE STREET CORP	$0	–	-26,518	–	-0.30%	–
HD	Exit	HOME DEPOT INC	$0	–	-14,922	–	-0.31%	–
DUK	Exit	DUKE ENERGY CORP NEW	$0	–	-24,085	–	-0.31%	–
ABBV	Exit	ABBVIE INC	$0	–	-30,860	–	-0.32%	–
SO	Exit	SOUTHERN COMPANY	$0	–	-38,107	–	-0.32%	–
MRK	Exit	MERCK & CO INC	$0	–	-31,951	–	-0.32%	–
MCD	Exit	MCDONALDS CORP	$0	–	-17,637	–	-0.33%	–
NKE	Exit	NIKE INC	$0	–	-38,899	–	-0.33%	–
MCK	Exit	MCKESSON HBOC INC	$0	–	-12,480	–	-0.34%	–
INTC	Exit	INTEL INC	$0	–	-62,870	–	-0.38%	–
VYM	Exit	VANGUARD HIGH DIVIDENDd etf	$0	–	-35,811	–	-0.42%	–
IVV	Exit	ISHARES TRUSTcore s&p500 etf	$0	–	-12,081	–	-0.42%	–
SBUX	Exit	STARBUCKS CORP	$0	–	-50,661	–	-0.44%	–
MYL	Exit	MYLAN NV	$0	–	-72,396	–	-0.45%	–
CME	Exit	CME GROUP	$0	–	-28,361	–	-0.48%	–
USB	Exit	US BANCORP DEL	$0	–	-70,010	–	-0.49%	–
	Exit	AMERICAN EXPRESS CO	$0	–	-47,671	–	-0.49%	–
MET	Exit	METLIFE INC	$0	–	-70,266	–	-0.50%	–
CELG	Exit	CELGENE CORP	$0	–	-31,779	–	-0.54%	–
XLE	Exit	SELECT SECTOR SPDR TRsbi int-energy	$0	–	-49,290	–	-0.56%	–
DHR	Exit	DANAHER CORPORATION	$0	–	-45,054	–	-0.57%	–
MAR	Exit	MARRIOTT INTERNATIONAL INC	$0	–	-55,600	–	-0.60%	–
C	Exit	CITIGROUP INC	$0	–	-79,321	–	-0.61%	–
ZBH	Exit	ZIMMER BIOMET HLDGS INC	$0	–	-29,928	–	-0.63%	–
ICE	Exit	INTERCONTINENTAL EXCHAN	$0	–	-14,553	–	-0.63%	–
	Exit	BECTON DICKINSON & COMP	$0	–	-22,751	–	-0.66%	–
CTSH	Exit	COGNIZANT TECH SOLUTION	$0	–	-86,322	–	-0.67%	–
V	Exit	VISA INC	$0	–	-51,391	–	-0.69%	–
ACN	Exit	ACCENTURE PLC IRELAND	$0	–	-35,243	–	-0.70%	–
DIS	Exit	DISNEY	$0	–	-46,766	–	-0.70%	–
CVX	Exit	CHEVRON TEXACO	$0	–	-42,930	–	-0.72%	–
CAH	Exit	CARDINAL HEALTH INC	$0	–	-57,577	–	-0.72%	–
ORCL	Exit	ORACLE SYSTEMS INC	$0	–	-117,210	–	-0.74%	–
KO	Exit	COCA COLA COMPANY	$0	–	-112,188	–	-0.77%	–
PRU	Exit	PRUDENTIAL FINANCIAL IN	$0	–	-58,465	–	-0.77%	–
PM	Exit	PHILIP MORRIS	$0	–	-49,553	–	-0.78%	–
	Exit	BOEING	$0	–	-36,978	–	-0.79%	–
AGN	Exit	ALLERGAN PLC	$0	–	-21,402	–	-0.80%	–
PCLN	Exit	PRICELINE COM INC	$0	–	-3,466	–	-0.82%	–
VZ	Exit	VERIZON COMMUNICATION	$0	–	-108,018	–	-0.91%	–
PG	Exit	PROCTER AND GAMBLE COMP	$0	–	-63,575	–	-0.92%	–
MDT	Exit	MEDTRONIC HLDG PLC	$0	–	-66,548	–	-0.93%	–
PFE	Exit	PFIZER INC	$0	–	-174,911	–	-0.96%	–
CMCSA	Exit	COMCAST CORP	$0	–	-91,115	–	-0.98%	–
FB	Exit	FACEBOOK INC	$0	–	-48,645	–	-1.01%	–
CVS	Exit	CVS CORP	$0	–	-71,355	–	-1.03%	–
CSCO	Exit	CISCO SYSTEMS	$0	–	-200,202	–	-1.03%	–
VNQ	Exit	VANGUARD INDEX FDSreit etf	$0	–	-75,365	–	-1.06%	–
T	Exit	AT&T INC	$0	–	-161,108	–	-1.06%	–
UNH	Exit	UNITEDHEALTH GROUP INC	$0	–	-47,560	–	-1.08%	–
QCOM	Exit	QUALCOMM INC	$0	–	-97,981	–	-1.09%	–
WFC	Exit	WELLS FARGO & CO NEW CO	$0	–	-152,314	–	-1.09%	–
	Exit	BERKSHIRE HATHAWAY	$0	–	-46,862	–	-1.10%	–
JPM	Exit	JP MORGAN CHASE & CO	$0	–	-103,176	–	-1.11%	–
PEP	Exit	PEPSICO INC	$0	–	-63,287	–	-1.11%	–
IEF	Exit	ISHARES TRUST7-10 y tr bd etf	$0	–	-64,399	–	-1.16%	–
IBB	Exit	ISHARES TRUSTnasdq bio indx	$0	–	-25,014	–	-1.17%	–
HON	Exit	HONEYWELL INTL INC	$0	–	-64,544	–	-1.22%	–
LOW	Exit	LOWES COMPANIES INC	$0	–	-108,737	–	-1.27%	–
XOM	Exit	EXXON MOBIL CORP	$0	–	-91,313	–	-1.29%	–
XLU	Exit	SELECT SECTOR SPDR TRsbi int-utils	$0	–	-173,957	–	-1.38%	–
GE	Exit	GENERAL ELECTRIC COMPAN	$0	–	-344,352	–	-1.65%	–
VO	Exit	VANGUARD INDEX FDSmid cap etf	$0	–	-80,279	–	-1.68%	–
JNJ	Exit	JOHNSON AND JOHNSON	$0	–	-91,314	–	-1.74%	–
GOOGL	Exit	ALPHABET INC	$0	–	-13,899	–	-1.81%	–
MSFT	Exit	MICROSOFT INC	$0	–	-195,343	–	-1.82%	–
	Exit	APPLE COMPUTER	$0	–	-160,263	–	-2.93%	–
IWR	Exit	ISHARES RUSSELL MIDCAPx fdetf	$0	–	-108,369	–	-3.06%	–
VONE	Exit	VANGUARD SCOTTSDALE FDSvng rus1000idx	$0	–	-206,522	–	-3.33%	–
SPY	Exit	SPDR S & P 500 ETF TRtr unit	$0	–	-102,992	–	-3.60%	–
VCIT	Exit	VANGUARD SCOTTSDALE FDSint-term corp	$0	–	-252,565	–	-3.66%	–
IWM	Exit	ISHARES TRUSTrussell 2000	$0	–	-191,905	–	-3.86%	–
AGG	Exit	ISHARES TRUSTcore totusbd etf	$0	–	-435,074	–	-7.91%	–
VOO	Exit	VANGUARD INDEX FDSs&p 500 eft sh	$0	–	-346,302	–	-11.13%	–

Q3 2016

			Value		Shares		↓ Weighting
VOO	Buy	VANGUARD INDEX FDSs&p 500 eft sh	$68,807,000	+13.4%	346,302	+9.7%	11.13%	+9.6%
AGG	Buy	ISHARES TRUSTcore totusbd etf	$48,911,000	+4.3%	435,074	+4.4%	7.91%	+0.8%
IWM	Sell	ISHARES TRUSTrussell 2000	$23,836,000	+4.8%	191,905	-3.0%	3.86%	+1.3%
VCIT	Buy	VANGUARD SCOTTSDALE FDSint-term corp	$22,625,000	+29.3%	252,565	+29.0%	3.66%	+25.0%
SPY	Buy	SPDR S & P 500 ETF TRtr unit	$22,278,000	+7.5%	102,992	+4.1%	3.60%	+4.0%
VONE	Buy	VANGUARD SCOTTSDALE FDSvng rus1000idx	$20,577,000	+4.6%	206,522	+0.8%	3.33%	+1.1%
IWR	Buy	ISHARES RUSSELL MIDCAPx fdetf	$18,891,000	+67.4%	108,369	+61.5%	3.06%	+61.8%
	Buy	APPLE COMPUTER	$18,118,000	+24.1%	160,263	+5.0%	2.93%	+20.0%
MSFT	Buy	MICROSOFT INC	$11,252,000	+33.7%	195,343	+18.8%	1.82%	+29.3%
GOOGL	Sell	ALPHABET INC	$11,176,000	-4.1%	13,899	-16.1%	1.81%	-7.3%
JNJ	Sell	JOHNSON AND JOHNSON	$10,787,000	-9.7%	91,314	-7.2%	1.74%	-12.7%
VO	Sell	VANGUARD INDEX FDSmid cap etf	$10,391,000	+4.4%	80,279	-0.3%	1.68%	+0.9%
GE	Sell	GENERAL ELECTRIC COMPAN	$10,200,000	-6.9%	344,352	-1.0%	1.65%	-10.0%
XLU	Sell	SELECT SECTOR SPDR TRsbi int-utils	$8,522,000	-7.9%	173,957	-1.3%	1.38%	-10.9%
XOM	Sell	EXXON MOBIL CORP	$7,970,000	-7.4%	91,313	-0.5%	1.29%	-10.5%
LOW	Buy	LOWES COMPANIES INC	$7,852,000	+7.5%	108,737	+17.8%	1.27%	+3.9%
HON	Sell	HONEYWELL INTL INC	$7,525,000	-0.1%	64,544	-0.4%	1.22%	-3.5%
IBB	Sell	ISHARES TRUSTnasdq bio indx	$7,240,000	-0.5%	25,014	-11.5%	1.17%	-3.8%
IEF	Buy	ISHARES TRUST7-10 y tr bd etf	$7,205,000	+0.1%	64,399	+1.1%	1.16%	-3.2%
PEP	Sell	PEPSICO INC	$6,884,000	+2.4%	63,287	-0.3%	1.11%	-1.1%
JPM	Sell	JP MORGAN CHASE & CO	$6,871,000	-8.8%	103,176	-14.9%	1.11%	-11.8%
	Buy	BERKSHIRE HATHAWAY	$6,770,000	+1.6%	46,862	+1.9%	1.10%	-1.8%
WFC	Buy	WELLS FARGO & CO NEW CO	$6,744,000	+29.5%	152,314	+38.4%	1.09%	+25.3%
QCOM	Buy	QUALCOMM INC	$6,712,000	+29.2%	97,981	+1.0%	1.09%	+25.0%
UNH	Sell	UNITEDHEALTH GROUP INC	$6,658,000	-4.4%	47,560	-3.6%	1.08%	-7.6%
T	Buy	AT&T INC	$6,543,000	-5.0%	161,108	+1.0%	1.06%	-8.2%
VNQ	Sell	VANGUARD INDEX FDSreit etf	$6,537,000	-49.3%	75,365	-48.2%	1.06%	-51.0%
CVS	Sell	CVS CORP	$6,350,000	-8.0%	71,355	-1.0%	1.03%	-11.1%
CSCO	Buy	CISCO SYSTEMS	$6,350,000	+12.0%	200,202	+1.3%	1.03%	+8.3%
FB	Buy	FACEBOOK INC	$6,240,000	+24.9%	48,645	+11.3%	1.01%	+20.8%
CMCSA	Sell	COMCAST CORP	$6,044,000	-0.3%	91,115	-2.0%	0.98%	-3.6%
PFE	Buy	PFIZER INC	$5,924,000	-3.4%	174,911	+0.4%	0.96%	-6.6%
PG	Buy	PROCTER AND GAMBLE COMP	$5,706,000	+6.6%	63,575	+0.5%	0.92%	+3.0%
VZ	Buy	VERIZON COMMUNICATION	$5,615,000	-4.8%	108,018	+2.3%	0.91%	-7.9%
PCLN	Sell	PRICELINE COM INC	$5,100,000	-26.4%	3,466	-37.6%	0.82%	-28.9%
AGN	Buy	ALLERGAN PLC	$4,930,000	+27.2%	21,402	+27.6%	0.80%	+22.8%
	Buy	BOEING	$4,871,000	+1.6%	36,978	+0.1%	0.79%	-1.7%
PM	Buy	PHILIP MORRIS	$4,818,000	-3.5%	49,553	+0.9%	0.78%	-6.7%
PRU	Buy	PRUDENTIAL FINANCIAL IN	$4,773,000	+15.8%	58,465	+1.2%	0.77%	+11.9%
KO	Sell	COCA COLA COMPANY	$4,748,000	-7.0%	112,188	-0.4%	0.77%	-10.1%
ORCL	Sell	ORACLE SYSTEMS INC	$4,604,000	-5.2%	117,210	-1.2%	0.74%	-8.3%
CAH	Sell	CARDINAL HEALTH INC	$4,474,000	-5.9%	57,577	-5.5%	0.72%	-8.9%
CVX	Sell	CHEVRON TEXACO	$4,418,000	-2.5%	42,930	-0.7%	0.72%	-5.7%
DIS	Buy	DISNEY	$4,343,000	+19.1%	46,766	+25.4%	0.70%	+15.1%
ACN	Buy	ACCENTURE PLC IRELAND	$4,306,000	+8.1%	35,243	+0.3%	0.70%	+4.5%
V	Sell	VISA INC	$4,250,000	+10.0%	51,391	-1.4%	0.69%	+6.3%
CTSH	Sell	COGNIZANT TECH SOLUTION	$4,119,000	-34.8%	86,322	-21.8%	0.67%	-37.0%
	Sell	BECTON DICKINSON & COMP	$4,089,000	-9.3%	22,751	-14.4%	0.66%	-12.3%
ICE	Buy	INTERCONTINENTAL EXCHAN	$3,920,000	+9.3%	14,553	+3.9%	0.63%	+5.7%
ZBH	Sell	ZIMMER BIOMET HLDGS INC	$3,891,000	-12.0%	29,928	-18.6%	0.63%	-15.0%
C	Buy	CITIGROUP INC	$3,746,000	+13.1%	79,321	+1.5%	0.61%	+9.4%
MAR	Sell	MARRIOTT INTERNATIONAL INC	$3,743,000	+0.7%	55,600	-0.6%	0.60%	-2.7%
DHR	Sell	DANAHER CORPORATION	$3,531,000	-24.3%	45,054	-2.5%	0.57%	-26.9%
XLE	New	SELECT SECTOR SPDR TRsbi int-energy	$3,480,000	–	49,290	–	0.56%	–
CELG	Sell	CELGENE CORP	$3,322,000	+2.5%	31,779	-3.3%	0.54%	-0.9%
MET	Buy	METLIFE INC	$3,121,000	+13.7%	70,266	+2.0%	0.50%	+10.0%
	Sell	AMERICAN EXPRESS CO	$3,053,000	+4.4%	47,671	-1.0%	0.49%	+1.0%
USB	Buy	US BANCORP DEL	$3,002,000	+9.4%	70,010	+2.9%	0.49%	+5.9%
CME	Buy	CME GROUP	$2,965,000	+11.1%	28,361	+3.5%	0.48%	+7.4%
MYL	Sell	MYLAN NV	$2,760,000	-27.0%	72,396	-17.2%	0.45%	-29.5%
SBUX	Buy	STARBUCKS CORP	$2,743,000	-3.6%	50,661	+1.7%	0.44%	-6.7%
IVV	Sell	ISHARES TRUSTcore s&p500 etf	$2,628,000	+3.1%	12,081	-0.2%	0.42%	-0.2%
VYM	Buy	VANGUARD HIGH DIVIDENDd etf	$2,583,000	+3.4%	35,811	+2.5%	0.42%	0.0%
INTC	Buy	INTEL INC	$2,374,000	+18.5%	62,870	+2.9%	0.38%	+14.6%
MCK	Sell	MCKESSON HBOC INC	$2,081,000	-14.5%	12,480	-4.3%	0.34%	-17.2%
NKE	Buy	NIKE INC	$2,048,000	-3.6%	38,899	+1.1%	0.33%	-6.8%
MCD	Buy	MCDONALDS CORP	$2,035,000	+1.1%	17,637	+5.4%	0.33%	-2.4%
MRK	Buy	MERCK & CO INC	$1,994,000	+13.5%	31,951	+4.8%	0.32%	+9.5%
SO	Buy	SOUTHERN COMPANY	$1,955,000	+0.4%	38,107	+4.9%	0.32%	-3.1%
ABBV	Buy	ABBVIE INC	$1,947,000	+8.3%	30,860	+6.3%	0.32%	+4.7%
DUK	Buy	DUKE ENERGY CORP NEW	$1,928,000	-0.6%	24,085	+6.5%	0.31%	-3.7%
HD	Buy	HOME DEPOT INC	$1,921,000	+1.7%	14,922	+0.9%	0.31%	-1.6%
STT	Sell	STATE STREET CORP	$1,846,000	-25.1%	26,518	-42.0%	0.30%	-27.4%
RY	Buy	ROYAL BANK CANADA	$1,844,000	+10.6%	29,756	+5.4%	0.30%	+6.8%
MDLZ	Buy	MONDELEZ INTL INCcl a	$1,802,000	-3.5%	41,041	+0.0%	0.29%	-7.0%
FTV	New	FORTIVE CORP	$1,802,000	–	35,392	–	0.29%	–
FOXA	Sell	TWENTY FIRST CENTURY FOX INCcl a	$1,777,000	-38.0%	73,389	-30.8%	0.29%	-40.2%
SLB	Sell	SCHLUMBERGER LTD	$1,728,000	-1.7%	21,979	-1.1%	0.28%	-5.1%
BIIB	Sell	BIOGEN IDEC	$1,722,000	-26.7%	5,501	-43.4%	0.28%	-29.3%
GIS	Buy	GENERAL MILLS INC	$1,642,000	-5.5%	25,712	+5.6%	0.27%	-8.6%
TTE	Buy	TOTAL S Asponsored adr	$1,542,000	+27.1%	32,326	+28.2%	0.25%	+22.7%
ETN	Sell	EATON CORP PLC	$1,519,000	-1.0%	23,124	-10.0%	0.25%	-4.3%
EMR	Sell	EMERSON ELECTIC CO	$1,524,000	-4.2%	27,959	-8.3%	0.25%	-7.5%
UPS	Buy	UNITED PARCEL SERVICE	$1,498,000	+3.4%	13,702	+1.9%	0.24%	0.0%
SHPG	New	SHIRE PLCsponsored adr	$1,491,000	–	7,693	–	0.24%	–
KHC	Buy	KRAFT HEINZ CO	$1,182,000	+4.3%	13,201	+3.1%	0.19%	+0.5%
DVY	Buy	ISHARES TRUSTdj sel div inx	$1,155,000	+37.0%	13,473	+36.3%	0.19%	+32.6%
XLB	New	SELECT SECTOR SPDR TRsbi materials	$1,159,000	–	24,266	–	0.19%	–
JWN	Buy	NORDSTROM INC	$975,000	+44.9%	18,798	+6.2%	0.16%	+39.8%
BLK	Sell	BLACKROCK INC	$866,000	-85.1%	2,390	-85.9%	0.14%	-85.6%
EFA	Buy	ISHARES TRUSTmsci eafe index	$844,000	+8.8%	14,280	+2.8%	0.14%	+4.6%
IJH	Buy	ISHARES TRUSTcore s&p mcp etf	$836,000	+5.0%	5,404	+1.5%	0.14%	+1.5%
DOW	New	DOW CHEMICAL	$739,000	–	14,263	–	0.12%	–
IBMH	Buy	ISHARES TR BONDS SEPetf	$745,000	+2.2%	29,055	+2.6%	0.12%	-1.6%
VBR	Buy	VANGUARD SMALL CAP VALUf etf	$713,000	+45.8%	6,446	+38.9%	0.12%	+40.2%
VBK	Buy	VANGUARD SMALL CAP GROWtf etf	$673,000	+37.1%	5,106	+28.7%	0.11%	+32.9%
TGT	Buy	TARGET CORP	$540,000	+6.9%	7,867	+8.7%	0.09%	+3.6%
VEA	Buy	VANGUARD TAX MANAGED INd msci eafe etf	$530,000	+6.9%	14,186	+1.2%	0.09%	+3.6%
IBM	Sell	IBM	$483,000	+1.3%	3,044	-3.2%	0.08%	-2.5%
GWW	Sell	GRAINGER WW INC	$467,000	-1.3%	2,077	-0.2%	0.08%	-3.8%
BND	Buy	VANGUARD BD INDEX FD INCtotal bnd mrkt	$430,000	+18.5%	5,110	+18.7%	0.07%	+14.8%
TJX	Sell	TJX COMPANIES	$387,000	-3.7%	5,175	-0.6%	0.06%	-6.0%
NEE	Sell	NEXTERA ENERGY INC	$363,000	-18.1%	2,970	-12.7%	0.06%	-20.3%
	New	MONSANTO COMPANY	$359,000	–	3,514	–	0.06%	–
DD	New	DUPONT E I DE NEMOURS	$336,000	–	5,017	–	0.05%	–
VWO	Buy	VANGUARD FTSE EMERGINGets etf	$328,000	+35.0%	8,712	+26.5%	0.05%	+29.3%
CL	Sell	COLGATE-PALMOLIVE COMP	$319,000	+0.6%	4,300	-0.7%	0.05%	-1.9%
FFIV	Sell	F5 NETWORKS INC	$265,000	-90.8%	2,122	-91.6%	0.04%	-91.1%
SDY	New	SELECT SECTOR SPDR TRs&p divid etf	$235,000	–	2,789	–	0.04%	–
PX	New	PRAXAIR INC	$238,000	–	1,964	–	0.04%	–
ALE	New	ALLETE COM	$233,000	–	3,905	–	0.04%	–
HYG	Exit	ISHARES TRUSThigh yld corp	$0	–	-2,389	–	-0.03%	–
EMC	Exit	EMC INC	$0	–	-59,241	–	-0.27%	–
IEO	Exit	ISHARES TRUSTus oil&gas ex et	$0	–	-29,775	–	-0.28%	–
HAL	Exit	HALLIBURTON CO	$0	–	-39,630	–	-0.30%	–

Q2 2016

			Value		Shares		↓ Weighting
VOO	New	VANGUARD INDEX FDSs&p 500 eft sh	$60,668,000	–	315,650	–	10.15%	–
AGG	New	ISHARES TRUSTcore totusbd etf	$46,917,000	–	416,615	–	7.85%	–
IWM	New	ISHARES TRUSTrussell 2000	$22,744,000	–	197,809	–	3.80%	–
SPY	New	SPDR S & P 500 ETF TRtr unit	$20,719,000	–	98,906	–	3.47%	–
VONE	New	VANGUARD SCOTTSDALE FDSvng rus1000idx	$19,678,000	–	204,813	–	3.29%	–
VCIT	New	VANGUARD SCOTTSDALE FDSint-term corp	$17,503,000	–	195,758	–	2.93%	–
	New	APPLE COMPUTER	$14,598,000	–	152,698	–	2.44%	–
VNQ	New	VANGUARD INDEX FDSreit etf	$12,898,000	–	145,464	–	2.16%	–
JNJ	New	JOHNSON AND JOHNSON	$11,940,000	–	98,436	–	2.00%	–
GOOGL	New	ALPHABET INC	$11,654,000	–	16,565	–	1.95%	–
IWR	New	ISHARES RUSSELL MIDCAPx fdetf	$11,287,000	–	67,106	–	1.89%	–
GE	New	GENERAL ELECTRIC COMPAN	$10,954,000	–	347,992	–	1.83%	–
VO	New	VANGUARD INDEX FDSmid cap etf	$9,951,000	–	80,488	–	1.66%	–
XLU	New	SELECT SECTOR SPDR TRsbi int-util	$9,249,000	–	176,275	–	1.55%	–
XOM	New	EXXON MOBIL CORP	$8,605,000	–	91,790	–	1.44%	–
MSFT	New	MICROSOFT INC	$8,417,000	–	164,485	–	1.41%	–
HON	New	HONEYWELL INTL INC	$7,535,000	–	64,782	–	1.26%	–
JPM	New	JP MORGAN CHASE & CO	$7,532,000	–	121,209	–	1.26%	–
LOW	New	LOWES COMPANIES INC	$7,307,000	–	92,300	–	1.22%	–
IBB	New	ISHARES TRUSTnasdq bio indx	$7,273,000	–	28,262	–	1.22%	–
IEF	New	ISHARES TRUST7-10 y tr bd etf	$7,198,000	–	63,720	–	1.20%	–
UNH	New	UNITEDHEALTH GROUP INC	$6,966,000	–	49,337	–	1.16%	–
PCLN	New	PRICELINE COM INC	$6,933,000	–	5,554	–	1.16%	–
CVS	New	CVS CORP	$6,903,000	–	72,098	–	1.16%	–
T	New	AT&T INC	$6,890,000	–	159,454	–	1.15%	–
PEP	New	PEPSICO INC	$6,722,000	–	63,451	–	1.12%	–
	New	BERKSHIRE HATHAWAY	$6,662,000	–	46,010	–	1.12%	–
CTSH	New	COGNIZANT TECH SOLUTION	$6,320,000	–	110,400	–	1.06%	–
PFE	New	PFIZER INC	$6,132,000	–	174,137	–	1.03%	–
CMCSA	New	COMCAST CORP	$6,061,000	–	92,977	–	1.01%	–
VZ	New	VERIZON COMMUNICATION	$5,896,000	–	105,589	–	0.99%	–
BLK	New	BLACKROCK INC	$5,811,000	–	16,965	–	0.97%	–
MDT	New	MEDTRONIC HLDG PLC	$5,775,000	–	66,548	–	0.97%	–
CSCO	New	CISCO SYSTEMS	$5,668,000	–	197,561	–	0.95%	–
PG	New	PROCTER AND GAMBLE COMP	$5,354,000	–	63,238	–	0.90%	–
WFC	New	WELLS FARGO & CO NEW CO	$5,209,000	–	110,063	–	0.87%	–
QCOM	New	QUALCOMM INC	$5,195,000	–	96,993	–	0.87%	–
KO	New	COCA COLA COMPANY	$5,107,000	–	112,677	–	0.85%	–
PM	New	PHILIP MORRIS	$4,993,000	–	49,089	–	0.84%	–
FB	New	FACEBOOK INC	$4,994,000	–	43,699	–	0.84%	–
ORCL	New	ORACLE SYSTEMS INC	$4,854,000	–	118,591	–	0.81%	–
	New	BOEING	$4,795,000	–	36,928	–	0.80%	–
CAH	New	CARDINAL HEALTH INC	$4,754,000	–	60,947	–	0.80%	–
DHR	New	DANAHER CORPORATION	$4,667,000	–	46,210	–	0.78%	–
CVX	New	CHEVRON TEXACO	$4,531,000	–	43,216	–	0.76%	–
	New	BECTON DICKINSON & COMP	$4,509,000	–	26,590	–	0.75%	–
ZBH	New	ZIMMER BIOMET HLDGS INC	$4,424,000	–	36,748	–	0.74%	–
PRU	New	PRUDENTIAL FINANCIAL IN	$4,123,000	–	57,797	–	0.69%	–
ACN	New	ACCENTURE PLC IRELAND	$3,983,000	–	35,151	–	0.67%	–
AGN	New	ALLERGAN PLC	$3,877,000	–	16,774	–	0.65%	–
V	New	VISA INC	$3,864,000	–	52,100	–	0.65%	–
MYL	New	MYLAN NV	$3,781,000	–	87,438	–	0.63%	–
MAR	New	MARRIOTT INTERNATIONAL INC	$3,717,000	–	55,924	–	0.62%	–
DIS	New	DISNEY	$3,648,000	–	37,291	–	0.61%	–
ICE	New	INTERCONTINENTAL EXCHAN	$3,587,000	–	14,013	–	0.60%	–
C	New	CITIGROUP INC	$3,312,000	–	78,122	–	0.55%	–
CELG	New	CELGENE CORP	$3,240,000	–	32,855	–	0.54%	–
	New	AMERICAN EXPRESS CO	$2,925,000	–	48,136	–	0.49%	–
FFIV	New	F5 NETWORKS INC	$2,883,000	–	25,326	–	0.48%	–
FOXA	New	TWENTY FIRST CENTURY FOX INCcl a	$2,868,000	–	106,007	–	0.48%	–
SBUX	New	STARBUCKS CORP	$2,844,000	–	49,793	–	0.48%	–
MET	New	METLIFE INC	$2,744,000	–	68,887	–	0.46%	–
USB	New	US BANCORP DEL	$2,744,000	–	68,023	–	0.46%	–
CME	New	CME GROUP	$2,669,000	–	27,410	–	0.45%	–
IVV	New	ISHARES TRUSTcore s&p500 etf	$2,548,000	–	12,104	–	0.43%	–
VYM	New	VANGUARD HIGH DIVIDENDd etf	$2,498,000	–	34,954	–	0.42%	–
STT	New	STATE STREET CORP	$2,465,000	–	45,710	–	0.41%	–
MCK	New	MCKESSON HBOC INC	$2,435,000	–	13,042	–	0.41%	–
BIIB	New	BIOGEN IDEC	$2,349,000	–	9,714	–	0.39%	–
NKE	New	NIKE INC	$2,124,000	–	38,489	–	0.36%	–
MCD	New	MCDONALDS CORP	$2,013,000	–	16,730	–	0.34%	–
INTC	New	INTEL INC	$2,003,000	–	61,076	–	0.34%	–
SO	New	SOUTHERN COMPANY	$1,947,000	–	36,310	–	0.33%	–
DUK	New	DUKE ENERGY CORP NEW	$1,939,000	–	22,607	–	0.32%	–
HD	New	HOME DEPOT INC	$1,888,000	–	14,784	–	0.32%	–
MDLZ	New	MONDELEZ INTL INCcl a	$1,868,000	–	41,037	–	0.31%	–
ABBV	New	ABBVIE INC	$1,797,000	–	29,039	–	0.30%	–
HAL	New	HALLIBURTON CO	$1,795,000	–	39,630	–	0.30%	–
MRK	New	MERCK & CO INC	$1,757,000	–	30,495	–	0.29%	–
SLB	New	SCHLUMBERGER LTD	$1,757,000	–	22,224	–	0.29%	–
GIS	New	GENERAL MILLS INC	$1,738,000	–	24,357	–	0.29%	–
IEO	New	ISHARES TRUSTus oil&gas ex et	$1,689,000	–	29,775	–	0.28%	–
RY	New	ROYAL BANK CANADA	$1,668,000	–	28,221	–	0.28%	–
EMC	New	EMC INC	$1,610,000	–	59,241	–	0.27%	–
EMR	New	EMERSON ELECTIC CO	$1,590,000	–	30,481	–	0.27%	–
ETN	New	EATON CORP PLC	$1,535,000	–	25,704	–	0.26%	–
UPS	New	UNITED PARCEL SERVICE	$1,449,000	–	13,452	–	0.24%	–
IGSB	New	ISHARES 1-3YR CREDIT BOtf etf	$1,402,000	–	13,216	–	0.24%	–
TTE	New	TOTAL S Asponsored adr	$1,213,000	–	25,219	–	0.20%	–
KHC	New	KRAFT HEINZ CO	$1,133,000	–	12,806	–	0.19%	–
DVY	New	ISHARES TRUSTdj sel div inx	$843,000	–	9,883	–	0.14%	–
IJH	New	ISHARES TRUSTcore s&p mcp etf	$796,000	–	5,324	–	0.13%	–
ECL	New	ECOLAB INC	$783,000	–	6,600	–	0.13%	–
EFA	New	ISHARES TRUSTmsci eafe index	$776,000	–	13,894	–	0.13%	–
IBMH	New	ISHARES TR BONDS SEPetf	$729,000	–	28,318	–	0.12%	–
JWN	New	NORDSTROM INC	$673,000	–	17,695	–	0.11%	–
TGT	New	TARGET CORP	$505,000	–	7,236	–	0.08%	–
VEA	New	VANGUARD TAX MANAGED INd msci eafe etf	$496,000	–	14,021	–	0.08%	–
VBK	New	VANGUARD SMALL CAP GROWtf etf	$491,000	–	3,966	–	0.08%	–
VBR	New	VANGUARD SMALL CAP VALUf etf	$489,000	–	4,642	–	0.08%	–
IBM	New	IBM	$477,000	–	3,146	–	0.08%	–
GWW	New	GRAINGER WW INC	$473,000	–	2,082	–	0.08%	–
NEE	New	NEXTERA ENERGY INC	$443,000	–	3,401	–	0.07%	–
LQD	New	ISHARES TRUSTiboxx inv cpbd	$436,000	–	3,550	–	0.07%	–
TJX	New	TJX COMPANIES	$402,000	–	5,205	–	0.07%	–
GILD	New	GILEAD SCI INC	$387,000	–	4,640	–	0.06%	–
BND	New	VANGUARD BD INDEX FD INCtotal bnd mrkt	$363,000	–	4,306	–	0.06%	–
VB	New	VANGUARD INDEX FDSsmall cp etf	$349,000	–	3,014	–	0.06%	–
CL	New	COLGATE-PALMOLIVE COMP	$317,000	–	4,331	–	0.05%	–
IVW	New	ISHARES S&P 500 GROWTHetf	$284,000	–	2,434	–	0.05%	–
IGOV	New	ISHARES TR S&P/CITIGROUtl tetf	$278,000	–	2,797	–	0.05%	–
ROST	New	ROSS STORES INC	$252,000	–	4,448	–	0.04%	–
VWO	New	VANGUARD FTSE EMERGINGets etf	$243,000	–	6,888	–	0.04%	–
NUE	New	NUCOR CO	$242,000	–	4,899	–	0.04%	–
IVE	New	ISHARES S&P 500 VALUE Eetf	$234,000	–	2,524	–	0.04%	–
HYG	New	ISHARES TRUSThigh yld corp	$202,000	–	2,389	–	0.03%	–

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