CIK 1372365
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2015-Q1. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 95.06% | 16 |
| Oil, Gas & Consumable Fuels | 3.52% | 1 |
| Metals & Mining | 1.42% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | LQD | ISHARES TR | Unclassified | 20.95% |
| 2 | DVY | ISHARES TR | Unclassified | 15.72% |
| 3 | POWERSHARES | Unclassified | 11.79% | |
| 4 | Alerian MLP ETF | Unclassified | 11.33% | |
| 5 | VHT | VANGUARD WORLD FD | Unclassified | 5.76% |
| 6 | POWERSHARES DYNAMIC TECHNOLOGY SECTOR PO | Unclassified | 5.55% | |
| 7 | BUCKEYE PARTNERS L P | Unclassified | 5.14% | |
| 8 | EFA | ISHARES TR | Unclassified | 4.36% |
| 9 | XOM | EXXON MOBIL CORP | Energy | 3.52% |
| 10 | VanEck Vectors Agribusiness Etf | Unclassified | 3.45% |
2/18 names classified · sector 4.9% of weight · industry 4.9% · mkt cap 3.5%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 4.9% of the book is sector-classified (unclassified names shown, never dropped).
Only 4% of book weight classified — the grid is NOT representative of the whole book.
Classified: 3.5% of book weight (1/7 names) · unclassified 96.5%: , LQD, DVY, VHT, EFA, BHP. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | LQDISHARES TR | 85,972 | $10M | 21.0% | ADD 35% |
| 2 | DVYISHARES TR | 99,334 | $7M | 15.7% | ADD 26% |
| 3 | POWERSHARES | 115,197 | $6M | 11.8% | ADD 4% |
| 4 | Alerian MLP ETF | 345,777 | $5M | 11.3% | ADD 39% |
| 5 | VHTVANGUARD WORLD FD | 19,534 | $3M | 5.8% | ADD 62% |
| 6 | POWERSHARES DYNAMIC TECHNOLOGY SECTOR PO | 62,025 | $3M | 5.6% | ADD 5% |
| 7 | BUCKEYE PARTNERS L P | 33,006 | $2M | 5.1% | TRIM −3% |
| 8 | EFAISHARES TR | 32,571 | $2M | 4.4% | TRIM −2% |
| 9 | XOMEXXON MOBIL CORP | 20,075 | $2M | 3.5% | HOLD |
| 10 | VanEck Vectors Agribusiness Etf | 29,674 | $2M | 3.4% | ADD 11% |
| 11 | POTASH CORP OF SASKATCHEWAN | 41,419 | $1M | 2.7% | TRIM −2% |
| 12 | BLACKSTONE GROUP LP | 28,926 | $1M | 2.5% | TRIM −10% |
| 13 | Markwest Energy Ptnr LP | 14,525 | $819,000 | 1.7% | TRIM −7% |
| 14 | GLAXOSMITHKLINE PLC | 16,651 | $694,000 | 1.5% | HOLD |
| 15 | BHPBHP BILLITON LIMITED | 16,557 | $674,000 | 1.4% | TRIM −17% |
| 16 | GOLDCORP INC NEW | 32,917 | $533,000 | 1.1% | TRIM −10% |
| 17 | TEEKAY LNG PARTNERS L P | 16,135 | $520,000 | 1.1% | TRIM −12% |
| 18 | Vaneck Vectors Gold Miners ETF | 11,297 | $201,000 | 0.4% | TRIM −16% |
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