| BTS Asset Management, Inc. | 704,871 | $64,869,295 | 32.78% |
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| TOEWS CORP /ADV | 1,846,400 | $169,924,192 | 25.63% |
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| Ocean Park Asset Management, LLC | 4,379,808 | $403,073,730 | 13.77% |
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| Aristotle Pacific Capital, LLC | 75,888 | $6,983,973 | 12.48% |
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| Logan Stone Capital, LLC | 256,818 | $23,634,961 | 8.02% |
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| Kensington Asset Management, LLC | 1,220,000 | $112,276,600 | 7.40% |
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| Private Ocean, LLC | 625,307 | $57,546,964 | 7.29% |
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| Clark Capital Management Group, Inc. | 7,905,128 | $727,508,986 | 6.50% |
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| ROVIN CAPITAL /UT/ /ADV | 138,728 | $12,767 | 5.71% |
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| Donoghue Forlines LLC | 191,127 | $17,589,418 | 5.50% |
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| Japan Science & Technology Agency | 3,858,054 | $355,056,710 | 4.10% |
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| Chandler Asset Management, Inc. | 163,407 | $15,038,309 | 3.94% |
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| MEEDER ASSET MANAGEMENT INC | 571,560 | $52,600,667 | 3.82% |
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| Crabel Capital Management, LLC | 88,057 | $8,104 | 3.34% |
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| EisnerAmper Wealth Management Corporate Benefits, LLC | 67,417 | $6,204 | 2.97% |
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| Jessup Wealth Management, Inc | 58,355 | $5,370,398 | 2.87% |
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| Florin Court Capital LLP | 12,200 | $1,122,766 | 2.87% |
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| Shilanski & Associates, Inc. | 73,390 | $6,754,081 | 2.73% |
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| ALTERNA WEALTH MANAGEMENT, INC | 25,485 | $2,345,385 | 2.72% |
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| Aveo Capital Partners, LLC | 204,694 | $18,838,014 | 2.39% |
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