FHAM

Folger Hill Asset Management Portfolio holdings

AUM $16.5M

1-Year Return 17.15%

2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4

This Quarter Return

+4.85%

1 Year Return

+17.15%

3 Year Return

+65.99%

5 Year Return

–

10 Year Return

–

AUM

$916M

AUM Growth

-$160M (-15%)

Cap. Flow

-$192M

Cap. Flow % of AUM

-20.98%

Top 10 Holdings % Top 10 Hldgs %

19.92%

Holding

402

New

111

Increased

Reduced

Closed

152

Top Buys

1	Sherwin-Williams SHW	$17.4M
2	Planet Fitness PLNT	$15.2M
3	Starbucks SBUX	$14.6M
4	GoDaddy GDDY	$13.8M
5	Alphabet (Google) Class C GOOG	$12.6M

Top Sells

1	GWR Genesee & Wyoming Inc. GWR	$24.2M
2	XPO XPO	$23.7M
3	Yelp YELP	$21.3M
4	INXN Interxion Holding N.V. INXN	$19.8M
5	Werner Enterprises WERN	$14.7M

Sector Composition

1	Consumer Discretionary	18.41%
2	Communication Services	17.93%
3	Technology	17.7%
4	Healthcare	14.15%
5	Consumer Staples	9.14%

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
176	176 PayPal PYPL $65.2B	$616K	0.06%	+11,478	New	+$616K
177	GAP 177 The Gap, Inc. GAP $8.83B	$605K	0.05%	27,490 +9,278	+51%	+$204K
178	178 Alnylam Pharmaceuticals ALNY $59.4B	$601K	0.05%	7,531 -3,980	-35%	-$318K
179	179 Novartis NVS $251B	$583K	0.05%	7,801 +2,782	+55%	+$208K
180	180 Dycom Industries DY $7.19B	$580K	0.05%	+6,479	New	+$580K
181	181 Check Point Software Technologies CHKP $20.7B	$547K	0.05%	5,016 -1,477	-23%	-$161K
182	182 Dillards DDS $9B	$546K	0.05%	+9,462	New	+$546K
183	183 Fiserv FI $73.4B	$544K	0.05%	+8,894	New	+$544K
184	184 Harley-Davidson HOG $3.67B	$540K	0.05%	9,993 +4,487	+81%	+$242K
185	CPE 185 DELISTED Callon Petroleum Company CPE	$531K	0.05%	5,000 -31,000	-86%	-$3.29M
186	186 Schlumberger SLB $53.4B	$528K	0.05%	+8,027	New	+$528K
187	NBIS 187 Nebius Group N.V. Class A Ordinary Shares NBIS $15.6B	$525K	0.05%	+20,000	New	+$525K
188	188 Fossil Group FOSL $165M	$520K	0.05%	+50,251	New	+$520K
189	189 Intel INTC $107B	$518K	0.05%	15,359 -5,786	-27%	-$195K
190	190 Devon Energy DVN $22.1B	$514K	0.05%	16,069 -58,931	-79%	-$1.89M
191	BBBY 191 DELISTED Bed Bath & Beyond Inc BBBY	$512K	0.05%	16,841 +3,750	+29%	+$114K
192	192 Norfolk Southern NSC $62.3B	$511K	0.05%	4,200 -13,558	-76%	-$1.65M
193	193 Walmart WMT $801B	$509K	0.05%	+20,190	New	+$509K
194	194 Bunge Global BG $16.9B	$507K	0.05%	+6,800	New	+$507K
195	195 Omnicell OMCL $1.47B	$504K	0.05%	11,702	–	–
196	196 Caesars Entertainment CZR $5.48B	$500K	0.04%	+25,000	New	+$500K
197	197 FMC FMC $4.72B	$497K	0.04%	+7,840	New	+$497K
198	ZEN 198 DELISTED ZENDESK INC ZEN	$492K	0.04%	+17,710	New	+$492K
199	199 Infosys INFY $67.9B	$483K	0.04%	+64,336	New	+$483K
200	200 Edwards Lifesciences EW $47.5B	$474K	0.04%	+12,021	New	+$474K