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
526	526 3M MMM $82.6B	$425K	0.03%	+3,586	New	+$425K
527	527 Hologic HOLX $14.9B	$417K	0.03%	+17,148	New	+$417K
528	MRO 528 DELISTED Marathon Oil Corporation MRO	$416K	0.03%	+11,057	New	+$416K
529	529 Valero Energy VLO $48.2B	$412K	0.03%	+8,915	New	+$412K
530	530 Myriad Genetics MYGN $629M	$409K	0.03%	+10,611	New	+$409K
531	CA 531 DELISTED CA, Inc. CA	$409K	0.03%	+14,649	New	+$409K
532	Y 532 DELISTED Alleghany Corporation Y	$403K	0.03%	+963	New	+$403K
533	533 Deluxe DLX $870M	$402K	0.03%	+7,293	New	+$402K
534	534 Chevron CVX $311B	$401K	0.03%	+3,357	New	+$401K
535	535 Cabot Corp CBT $4.28B	$398K	0.03%	+7,842	New	+$398K
536	536 Kimberly-Clark KMB $43B	$394K	0.03%	+3,822	New	+$394K
537	537 Marriott International Class A Common Stock MAR $71.9B	$393K	0.03%	+5,626	New	+$393K
538	538 Huntington Ingalls Industries HII $10.5B	$392K	0.03%	+3,761	New	+$392K
539	539 International Flavors & Fragrances IFF $16.9B	$386K	0.03%	+4,025	New	+$386K
540	HES 540 DELISTED Hess HES	$385K	0.03%	+4,077	New	+$385K
541	541 Intuit INTU $186B	$385K	0.03%	+4,388	New	+$385K
542	542 La-Z-Boy LZB $1.49B	$383K	0.03%	+19,374	New	+$383K
543	RGC 543 DELISTED Regal Entertainment Group RGC	$383K	0.03%	+19,264	New	+$383K
544	544 Webster Financial WBS $10.3B	$382K	0.03%	+13,112	New	+$382K
545	545 Bio-Rad Laboratories Class A BIO $8.02B	$380K	0.03%	+3,354	New	+$380K
546	546 Waste Management WM $88.5B	$378K	0.03%	+7,952	New	+$378K
547	547 Walmart WMT $796B	$376K	0.03%	+14,742	New	+$376K
548	548 Schlumberger SLB $53.7B	$375K	0.03%	+3,684	New	+$375K
549	MW 549 DELISTED THE MENS WAREHOUSE INC MW	$375K	0.03%	+7,931	New	+$375K
550	550 Procter & Gamble PG $374B	$372K	0.03%	+4,441	New	+$372K