11A

10-15 Associates Portfolio holdings

AUM $516M
This Quarter Return
+6.69%
1 Year Return
+7.8%
3 Year Return
+33.24%
5 Year Return
+79.8%
10 Year Return
–
AUM
$291M
AUM Growth
+$291M
Cap. Flow
+$34.9M
Cap. Flow %
11.98%
Top 10 Hldgs %
41.76%
Holding
98
New
11
Increased
33
Reduced
42
Closed
5

Top Buys

1
BAX icon
Baxter International
BAX
$7.63M
2
CSCO icon
Cisco
CSCO
$7.19M
3
BKLN icon
Invesco Senior Loan ETF
BKLN
$6.5M
4
TBT icon
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$5.72M
5
KO icon
Coca-Cola
KO
$2.34M

Top Sells

1
COP icon
ConocoPhillips
COP
$9.36M
2
SO icon
Southern Company
SO
$647K
3
SJM icon
J.M. Smucker
SJM
$201K
4
ANR
ALPHA NATURAL RESOURCES INC.
ANR
$149K
5
DIA icon
SPDR Dow Jones Industrial Average ETF Trust
DIA
$101K

Sector Composition

1 Industrials 12.94%
2 Energy 12.92%
3 Communication Services 10.92%
4 Materials 8.06%
5 Technology 8.05%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
RWT
76
Redwood Trust
RWT
$791M
$432K 0.15%
22,325
-400
-2% -$7.74K
DZZ icon
77
DB Gold Double Short ETN due February 15, 2038
DZZ
$3.2M
$431K 0.15%
56,175
– –
CMCSA icon
78
Comcast
CMCSA
$125B
$394K 0.14%
7,596
-188
-2% -$9.75K
VE
79
DELISTED
VEOLIA ENVIRONNEMENT
VE
$393K 0.13%
24,075
– –
LQD icon
80
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.5B
$377K 0.13%
3,308
-113
-3% -$12.9K
BK icon
81
Bank of New York Mellon
BK
$74.5B
$368K 0.13%
+10,539
New +$368K
PWE
82
DELISTED
Penn West Energy Petroleum Ltd
PWE
$363K 0.12%
43,504
-5,375
-11% -$44.8K
BAC icon
83
Bank of America
BAC
$376B
$356K 0.12%
22,912
+1
+0% +$16
AEG icon
84
Aegon
AEG
$12.3B
$349K 0.12%
36,852
-218
-0.6% -$2.07K
ADP icon
85
Automatic Data Processing
ADP
$123B
$345K 0.12%
4,271
+11
+0.3% +$889
CVX icon
86
Chevron
CVX
$324B
$345K 0.12%
+2,765
New +$345K
KOL
87
DELISTED
VanEck Vectors Coal ETF
KOL
$345K 0.12%
17,775
– –
EMR icon
88
Emerson Electric
EMR
$74.3B
$310K 0.11%
4,418
+1
+0% +$70
EWZ icon
89
iShares MSCI Brazil ETF
EWZ
$5.45B
$288K 0.1%
6,464
-398
-6% -$17.7K
EFR
90
Eaton Vance Senior Floating-Rate Fund
EFR
$345M
$237K 0.08%
15,800
+400
+3% +$6K
BUD icon
91
AB InBev
BUD
$122B
$216K 0.07%
+2,036
New +$216K
GLW icon
92
Corning
GLW
$57.4B
$215K 0.07%
+12,111
New +$215K
ED icon
93
Consolidated Edison
ED
$35.4B
$213K 0.07%
3,856
-371
-9% -$20.5K
COP icon
94
ConocoPhillips
COP
$124B
– –
-134,590
Closed -$9.36M
SJM icon
95
J.M. Smucker
SJM
$11.8B
– –
-1,911
Closed -$201K
SO icon
96
Southern Company
SO
$102B
– –
-15,716
Closed -$647K
ANR
97
DELISTED
ALPHA NATURAL RESOURCES INC.
ANR
– –
-25,050
Closed -$149K
FTR
98
DELISTED
Frontier Communications Corp.
FTR
– –
-20,698
Closed -$87K
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