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
601	601 RPM International RPM $16.2B	$290K	0.02%	+6,344	New	+$290K
602	602 Royal Caribbean RCL $95.7B	$289K	0.02%	+4,288	New	+$289K
603	603 Reinsurance Group of America RGA $12.8B	$289K	0.02%	+3,612	New	+$289K
604	604 Stanley Black & Decker SWK $12.1B	$288K	0.02%	+3,243	New	+$288K
605	605 Ashland ASH $2.51B	$282K	0.02%	+5,541	New	+$282K
606	606 Genpact G $7.82B	$282K	0.02%	+17,252	New	+$282K
607	607 Bristol-Myers Squibb BMY $96B	$281K	0.02%	+5,498	New	+$281K
608	SLH 608 DELISTED SOLERA HOLDINGS, INC. COM SLH	$281K	0.02%	+4,994	New	+$281K
609	TSS 609 DELISTED Total System Services, Inc. TSS	$281K	0.02%	+9,088	New	+$281K
610	610 Progress Software PRGS $1.88B	$279K	0.02%	+11,658	New	+$279K
611	611 Sun Life Financial SLF $32.4B	$279K	0.02%	+7,699	New	+$279K
612	612 RTX Corp RTX $211B	$277K	0.02%	+4,170	New	+$277K
613	KING 613 DELISTED KING DIGITAL ENTMT PLC ORD SHS (IRL) KING	$277K	0.02%	+21,797	New	+$277K
614	614 ConocoPhillips COP $116B	$276K	0.02%	+3,609	New	+$276K
615	615 Oil States International OIS $334M	$276K	0.02%	+4,453	New	+$276K
616	616 Equifax EFX $30.8B	$275K	0.02%	+3,684	New	+$275K
617	TYC 617 DELISTED TYCO INTL PLC COM SHS (IRL) TYC	$275K	0.02%	+5,894	New	+$275K
618	618 Fiserv FI $73.4B	$274K	0.02%	+8,476	New	+$274K
619	619 Halliburton HAL $18.8B	$274K	0.02%	+4,252	New	+$274K
620	620 Kosmos Energy KOS $784M	$274K	0.02%	+27,517	New	+$274K
621	621 Celanese CE $5.34B	$271K	0.02%	+4,634	New	+$271K
622	622 MSC Industrial Direct MSM $5.14B	$270K	0.02%	+3,156	New	+$270K
623	623 TC Energy TRP $53.9B	$270K	0.02%	+5,244	New	+$270K
624	624 Huntington Bancshares HBAN $25.7B	$269K	0.02%	+27,616	New	+$269K
625	625 World Kinect Corp WKC $1.48B	$269K	0.02%	+6,731	New	+$269K