AHL Partners Portfolio holdings

AUM $6.41B

1-Year Return 23.13%

2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3

This Quarter Return

-1.43%

1 Year Return

+23.13%

3 Year Return

+67.91%

5 Year Return

–

10 Year Return

–

AUM

$1.29B

AUM Growth

–

Cap. Flow

+$1.29B

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

6.32%

Holding

691

New

691

Increased

–

Reduced

–

Closed

–

Top Buys

1	iShares Core US Aggregate Bond ETF AGG	$19.7M
2	AMJ JP Morgan Alerian MLP Index ETN 5/24/24 AMJ	$10.4M
3	Invesco S&P 500 Low Volatility ETF SPLV	$9.01M
4	iShares JPMorgan USD Emerging Markets Bond ETF EMB	$8.26M
5	United Parcel Service UPS	$5.88M

Top Sells

No sells this quarter

Sector Composition

1	Financials	26.06%
2	Healthcare	15.4%
3	Technology	12.62%
4	Industrials	9.85%
5	Consumer Staples	9.11%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
476	476 NewMarket NEU $7.64B	$518K	0.04%	+1,359	New	+$518K
477	VAL 477 DELISTED Valspar VAL	$516K	0.04%	+6,533	New	+$516K
478	478 Sonoco SON $4.56B	$513K	0.04%	+13,059	New	+$513K
479	479 Republic Services RSG $71.7B	$512K	0.04%	+13,132	New	+$512K
480	480 Whirlpool WHR $5.28B	$512K	0.04%	+3,513	New	+$512K
481	481 Exxon Mobil XOM $466B	$511K	0.04%	+5,431	New	+$511K
482	482 Eli Lilly LLY $652B	$510K	0.04%	+7,869	New	+$510K
483	483 Xerox XRX $493M	$509K	0.04%	+14,594	New	+$509K
484	484 Silgan Holdings SLGN $4.83B	$508K	0.04%	+21,602	New	+$508K
485	485 Merck MRK $212B	$506K	0.04%	+8,948	New	+$506K
486	486 Children's Place PLCE $121M	$506K	0.04%	+10,610	New	+$506K
487	487 Deckers Outdoor DECK $17.9B	$499K	0.04%	+30,822	New	+$499K
488	488 Check Point Software Technologies CHKP $20.7B	$498K	0.04%	+7,186	New	+$498K
489	489 H&R Block HRB $6.85B	$496K	0.04%	+16,003	New	+$496K
490	PARA 490 DELISTED Paramount Global Class B PARA	$493K	0.04%	+9,212	New	+$493K
491	491 Western Union WU $2.86B	$493K	0.04%	+30,745	New	+$493K
492	492 NOV NOV $4.95B	$491K	0.04%	+6,455	New	+$491K
493	493 Suncor Energy SU $48.5B	$483K	0.04%	+13,361	New	+$483K
494	494 Olin OLN $2.9B	$480K	0.04%	+18,997	New	+$480K
495	HIBB 495 DELISTED Hibbett, Inc. Common Stock HIBB	$479K	0.04%	+11,226	New	+$479K
496	PX 496 DELISTED Praxair Inc PX	$475K	0.04%	+3,679	New	+$475K
497	PDLI 497 DELISTED PDL BioPharma, Inc. PDLI	$472K	0.04%	+63,138	New	+$472K
498	498 Gen Digital GEN $18.2B	$470K	0.04%	+19,989	New	+$470K
499	499 IQVIA IQV $31.9B	$469K	0.04%	+8,411	New	+$469K
500	500 Phillips 66 PSX $53.2B	$467K	0.04%	+5,745	New	+$467K