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
626	626 Imperial Oil IMO $44.7B	$268K	0.02%	+5,682	New	+$268K
627	627 Timken Company TKR $5.5B	$266K	0.02%	+6,275	New	+$266K
628	628 Civitas Resources CIVI $3.29B	$264K	0.02%	+42	New	+$264K
629	629 Waters Corp WAT $18.3B	$264K	0.02%	+2,667	New	+$264K
630	KND 630 DELISTED Kindred Healthcare KND	$262K	0.02%	+13,513	New	+$262K
631	631 Mettler-Toledo International MTD $27.1B	$260K	0.02%	+1,017	New	+$260K
632	CAM 632 DELISTED CAMERON INTERNATIONAL CORPORATION CAM	$260K	0.02%	+3,921	New	+$260K
633	633 Toronto Dominion Bank TD $128B	$258K	0.02%	+5,218	New	+$258K
634	634 Clorox CLX $15.6B	$256K	0.02%	+2,662	New	+$256K
635	635 Marriott Vacations Worldwide VAC $2.8B	$256K	0.02%	+4,037	New	+$256K
636	636 Bio-Techne TECH $8.41B	$255K	0.02%	+10,924	New	+$255K
637	637 Autoliv ALV $9.64B	$254K	0.02%	+3,832	New	+$254K
638	638 eBay EBAY $42.6B	$254K	0.02%	+10,656	New	+$254K
639	639 Charles River Laboratories CRL $8.17B	$253K	0.02%	+4,228	New	+$253K
640	640 Haemonetics HAE $2.62B	$251K	0.02%	+7,188	New	+$251K
641	641 Boeing BA $172B	$250K	0.02%	+1,959	New	+$250K
642	642 Amgen AMGN $153B	$249K	0.02%	+1,773	New	+$249K
643	643 Toro Company TTC $8.07B	$249K	0.02%	+8,420	New	+$249K
644	644 iShares MSCI Brazil ETF EWZ $5.51B	$248K	0.02%	+5,706	New	+$248K
645	645 Murphy Oil MUR $3.6B	$248K	0.02%	+4,360	New	+$248K
646	646 Valmont Industries VMI $7.34B	$246K	0.02%	+1,826	New	+$246K
647	647 Zoetis ZTS $68.2B	$246K	0.02%	+6,657	New	+$246K
648	SPN 648 DELISTED Superior Energy Services, Inc. SPN	$246K	0.02%	+7,495	New	+$246K
649	649 Moog MOG.A $6.16B	$245K	0.02%	+3,580	New	+$245K
650	650 IDEX IEX $12.6B	$243K	0.02%	+3,351	New	+$243K