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
551	551 Emcor EME $28B	$371K	0.03%	+9,287	New	+$371K
552	552 Hasbro HAS $11.2B	$370K	0.03%	+6,730	New	+$370K
553	553 The Mosaic Company MOS $10.3B	$369K	0.03%	+8,314	New	+$369K
554	554 Broadridge BR $29.4B	$366K	0.03%	+8,793	New	+$366K
555	555 Graphic Packaging GPK $6.38B	$366K	0.03%	+29,416	New	+$366K
556	PRXL 556 DELISTED Parexel International Corp PRXL	$362K	0.03%	+5,740	New	+$362K
557	UIL 557 DELISTED UIL HOLDINGS UIL	$360K	0.03%	+10,166	New	+$360K
558	558 Emerson Electric EMR $74.6B	$357K	0.03%	+5,703	New	+$357K
559	559 lululemon athletica LULU $20.1B	$355K	0.03%	+8,461	New	+$355K
560	CST 560 DELISTED CST Brands, Inc. CST	$351K	0.03%	+9,766	New	+$351K
561	561 Penske Automotive Group PAG $12.4B	$349K	0.03%	+8,592	New	+$349K
562	562 Avery Dennison AVY $13.1B	$345K	0.03%	+7,734	New	+$345K
563	563 Dover DOV $24.4B	$345K	0.03%	+5,320	New	+$345K
564	564 Fidelity National Information Services FIS $35.9B	$344K	0.03%	+6,116	New	+$344K
565	565 SPX Corp SPXC $9.28B	$341K	0.03%	+14,415	New	+$341K
566	ANN 566 DELISTED ANN INC ANN	$340K	0.03%	+8,267	New	+$340K
567	567 Eastman Chemical EMN $7.93B	$339K	0.03%	+4,196	New	+$339K
568	BKW 568 DELISTED BURGER KING WORLDWIDE BKW	$339K	0.03%	+11,419	New	+$339K
569	569 Sherwin-Williams SHW $92.9B	$338K	0.03%	+4,632	New	+$338K
570	TMH 570 DELISTED Team Health Holdings Inc TMH	$338K	0.03%	+5,826	New	+$338K
571	571 Factset FDS $14B	$337K	0.03%	+2,774	New	+$337K
572	TIVO 572 DELISTED Tivo Inc TIVO	$337K	0.03%	+17,064	New	+$337K
573	LGF 573 DELISTED Lions Gate Entertainment LGF	$337K	0.03%	+10,234	New	+$337K
574	574 Amphenol APH $135B	$335K	0.03%	+26,824	New	+$335K
575	575 Crown Holdings CCK $11B	$335K	0.03%	+7,514	New	+$335K