Efficient Market Advisors’s State Street SPDR Bloomberg 1-3 Month T-Bill ETF BIL Stock Holding History

Efficient Market Advisors’s Portfolio BIL Stock Details BIL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-5,590	Closed	-$511K	–	144
2015 Q1	$511K	Sell	5,590 -327	-6%	-$29.9K	0.12%	39
2014 Q4	$541K	Sell	5,917 -35,518	-86%	-$3.25M	0.13%	39
2014 Q3	$3.79M	Buy	41,435 +501	+1%	+$45.8K	1%	20
2014 Q2	$3.75M	Buy	40,934 +2,954	+8%	+$270K	0.95%	21
2014 Q1	$3.48M	Buy	37,980 +37,871	+34,744%	+$3.47M	0.93%	21
2013 Q4	$10K	Hold	109	–	–	﹤0.01%	103
2013 Q3	$10K	Sell	109 -273	-71%	-$25K	﹤0.01%	107
2013 Q2	$35K	Buy	+382	New	+$35K	0.01%	63

Other funds holding BIL

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Forward Management San Francisco, California $907M AUM 0.46% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

IndexIQ Advisors New York $2.82B AUM 12.48% 1-Year Est. Return

BWM

Biltmore Wealth Management Tempe, Arizona $320M AUM 21.88% 1-Year Est. Return

Efficient Market Advisors's BIL Position: Q2 2015 in Review

Efficient Market Advisors sold out of State Street SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) in Q2 2015, closing a stake of 5,590 shares — an estimated $511K sold.

Efficient Market Advisors first reported a position in BIL in Q2 2013 and held it in 8 quarters. The position peaked at $3.79M in Q3 2014. 63 funds tracked by Wall St. Rank hold BIL as of Q2 2015.

Efficient Market Advisors reported no remaining State Street SPDR Bloomberg 1-3 Month T-Bill ETF position as of Q2 2015 after selling out during the quarter.
Efficient Market Advisors sold 5,590 State Street SPDR Bloomberg 1-3 Month T-Bill ETF shares in Q2 2015, an estimated $511K.
Efficient Market Advisors first reported a position in State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q2 2013 and held it in 8 quarters.
Efficient Market Advisors's State Street SPDR Bloomberg 1-3 Month T-Bill ETF position peaked at $3.79M in Q3 2014.
63 funds tracked by Wall St. Rank held State Street SPDR Bloomberg 1-3 Month T-Bill ETF as of Q2 2015.

Based on Efficient Market Advisors's 13F filing for Q2 2015, filed 13 Jul 2015.