Analytic Investors Portfolio holdings

AUM $8.93B

1-Year Est. Return 13.53%

2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Est. Return

1 Year Est. Return

+13.53%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$8.46B

AUM Growth

+$248M (+3%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

731

New

Increased

Reduced

Closed

Top Buys

1		+$124M
2		+$77.2M
3		+$57.9M
4	Walmart WMT	+$55.4M
5	Teleflex TFX	+$43.4M

Top Sells

1		+$84.9M
2		+$42.7M
3		+$25.6M
4	RenaissanceRe RNR	+$24.7M
5	Cardinal Health CAH	+$21.8M

Sector Composition

1	Consumer Staples	32.56%
2	Healthcare	13.7%
3	Consumer Discretionary	9.46%
4	Financials	9.1%
5	Technology	8.72%

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
176	176 General Dynamics GD $89.1B	$6.08M	0.07%	43,645 -18,014
177	177 Honeywell HON $129B	$6M	0.07%	54,141 +47,631
178	178 Brunswick BC $4.18B	$5.95M	0.07%	131,348 -237,862
179	179 CoreCivic CXW $1.92B	$5.89M	0.07%	+168,235
180	180 Assurant AIZ $10.6B	$5.74M	0.07%	+66,487
181	181 Genpact G $6.87B	$5.68M	0.07%	211,815 +100,381
182	182 Chevron CVX $308B	$5.66M	0.07%	53,986 -194,083
183	MDVN 183 DELISTED MEDIVATION, INC. MDVN	$5.58M	0.07%	+92,571
184	184 Bankunited BKU $2.72B	$5.57M	0.07%	181,413 +21,928
185	185 HF Sinclair DINO $9.7B	$5.54M	0.07%	233,253 +148,535
186	GGP 186 DELISTED GGP Inc. GGP	$5.54M	0.07%	185,614 -26,119
187	187 Principal Financial Group PFG $17.5B	$5.53M	0.07%	134,628 +128,808
188	188 SLB Limited SLB $48.7B	$5.47M	0.06%	69,151 -37,120
189	189 Newmont NEM $99.7B	$5.17M	0.06%	132,188 -510,402
190	190 Old Republic International ORI $10.3B	$5.16M	0.06%	267,333 -708,659
191	191 CME Group CME $96.6B	$4.73M	0.06%	48,565 +36,433
192	MDP 192 DELISTED Meredith Corporation MDP	$4.7M	0.06%	90,472 -27,272
193	193 Antero Resources AR $9.51B	$4.68M	0.06%	180,020 +66,095
194	VIVO 194 DELISTED Meridian Bioscience Inc VIVO	$4.63M	0.05%	237,444 +97,247
195	AGR 195 DELISTED Avangrid, Inc. AGR	$4.52M	0.05%	+98,152
196	196 Northwest Natural Holdings NWN $1.88B	$4.36M	0.05%	67,209 -5,453
197	FDC 197 DELISTED First Data Corporation FDC	$4.29M	0.05%	+387,250
198	198 Comcast CMCSA $109B	$4.27M	0.05%	131,102 +119,734
199	RGC 199 DELISTED Regal Entertainment Group RGC	$4.27M	0.05%	193,786 -7,760
200	200 PetMed Express PETS $52.7M	$4.16M	0.05%	221,891 +19,188