Elkfork Partners Portfolio holdings

AUM $4.11B

1-Year Est. Return 5.27%

2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4

This Quarter Est. Return

1 Year Est. Return

+5.27%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$4.09B

AUM Growth

+$106M (+2.7%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

1,074

New

Increased

Reduced

Closed

Top Buys

1		+$18.8M
2		+$16.5M
3		+$15.3M
4	Fortive FTV	+$13.5M
5	LyondellBasell Industries LYB	+$9.29M

Top Sells

1		+$20.1M
2		+$17.5M
3		+$12.1M
4	Cognizant CTSH	+$12M
5	Fortinet FTNT	+$9.6M

Sector Composition

1	Technology	19.96%
2	Financials	16.17%
3	Consumer Discretionary	12.29%
4	Healthcare	10.9%
5	Industrials	10.21%

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 Ameren AEE $28.2B	$4.29M	0.1%	57,176 +19,320
177	LOGM 177 DELISTED LogMein, Inc. LOGM	$4.21M	0.1%	57,154 +16,728
178	178 Cognex CGNX $8.12B	$4.17M	0.1%	86,870 +2,856
179	179 Healthpeak Properties DOC $13B	$4.16M	0.1%	130,218 +13,618
180	180 PNC Financial Services PNC $73.2B	$4.13M	0.1%	30,124 +3,298
181	181 Dorman Products DORM $4.83B	$4.13M	0.1%	47,344 +44
182	182 Coterra Energy CTRA $18B	$4.12M	0.1%	179,396 +121,268
183	183 Boston Scientific BSX $150B	$4.12M	0.1%	95,766 +47,850
184	184 AGCO AGCO $8.11B	$4.11M	0.1%	52,998 +15,554
185	185 Qualcomm QCOM $182B	$4.01M	0.1%	52,768 +15,368
186	186 Cadence Design Systems CDNS $94B	$3.92M	0.1%	55,328 -1,736
187	187 HealthEquity HQY $8.31B	$3.86M	0.09%	59,080 +3,780
188	188 General Motors GM $65B	$3.84M	0.09%	99,764 +13,412
189	189 Endava DAVA $514M	$3.82M	0.09%	94,962 +6,018
190	190 Encompass Health EHC $12.7B	$3.82M	0.09%	75,774 -42,397
191	191 Simon Property Group SPG $58.1B	$3.81M	0.09%	23,856 +7,140
192	192 PBF Energy PBF $3.91B	$3.79M	0.09%	121,006 -112,234
193	193 Citizens Financial Group CFG $22.5B	$3.75M	0.09%	106,176 +35,196
194	194 Western Union WU $2.86B	$3.68M	0.09%	184,822 +92,664
195	195 STAAR Surgical STAA $1.3B	$3.66M	0.09%	124,564 +46,552
196	196 WEC Energy WEC $37.3B	$3.63M	0.09%	43,540 +9,940
197	QVCGA 197 QVC Group Inc Series A QVCGA $92M	$3.54M	0.09%	5,885 +4,042
198	198 Interactive Brokers IBKR $30.6B	$3.54M	0.09%	261,096 +107,624
199	UFS 199 DELISTED DOMTAR CORPORATION (New) UFS	$3.52M	0.09%	79,068 +26,620
200	200 Crown Castle CCI $42.9B	$3.5M	0.09%	26,852 +12,432