GAM Systematic Portfolio holdings

AUM $696M

1-Year Est. Return 28.39%

2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4

This Quarter Est. Return

1 Year Est. Return

+28.39%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$696M

AUM Growth

-$904K (-0.13%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

660

New

Increased

Reduced

Closed

Top Buys

1		+$2.17M
2		+$2.02M
3		+$2.01M
4	Thomson Reuters TRI	+$1.95M
5	AY Atlantica Sustainable Infrastructure plc Ordinary Shares AY	+$1.95M

Top Sells

1		+$2.83M
2		+$2.25M
3		+$2.09M
4	InterDigital IDCC	+$1.95M
5	SAFM Sanderson Farms Inc SAFM	+$1.93M

Sector Composition

1	Technology	19.89%
2	Industrials	16.7%
3	Consumer Discretionary	14.4%
4	Healthcare	13.35%
5	Financials	10.61%

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
151	151 AGCO AGCO $8.11B	$1.68M	0.24%	22,740 -1,902
152	152 Garmin GRMN $48.4B	$1.67M	0.24%	30,979 +5,483
153	153 CBRE Group CBRE $48.1B	$1.67M	0.24%	43,999 -940
154	154 Allstate ALL $51.2B	$1.66M	0.24%	18,084 +6,053
155	155 Unifirst Corp UNF $3.22B	$1.65M	0.24%	10,892 -3,717
156	156 Waters Corp WAT $20.9B	$1.64M	0.24%	9,122 -2,431
157	GXP 157 DELISTED Great Plains Energy Incorporated GXP	$1.64M	0.24%	54,055 +34,920
158	158 IPG Photonics IPGP $3.72B	$1.64M	0.24%	8,847 -4,551
159	159 PepsiCo PEP $210B	$1.63M	0.23%	14,645 -517
160	160 Darden Restaurants DRI $21.9B	$1.63M	0.23%	20,698 -13,769
161	GAP 161 The Gap Inc GAP $8.31B	$1.62M	0.23%	54,747 -21,865
162	162 Rockwell Automation ROK $40.2B	$1.61M	0.23%	9,053 -2,411
163	163 Marriott Vacations Worldwide VAC $2.38B	$1.61M	0.23%	12,955 -3,428
164	164 RTX Corp RTX $233B	$1.61M	0.23%	22,033 +5,959
165	165 NCR Voyix VYX $1.6B	$1.6M	0.23%	69,381 -35,787
166	166 AbbVie ABBV $408B	$1.58M	0.23%	17,842 +972
167	MSGN 167 DELISTED MSG Networks Inc. MSGN	$1.58M	0.23%	74,435 +17,623
168	168 Robert Half RHI $3.19B	$1.57M	0.23%	31,229 +2,043
169	169 KLA KLAC $151B	$1.57M	0.23%	14,818 -8,458
170	APU 170 DELISTED AmeriGas Partners, L.P. APU	$1.55M	0.22%	34,572 +1,781
171	171 Charles River Laboratories CRL $9.27B	$1.55M	0.22%	14,316 +8,713
172	172 Adobe ADBE $149B	$1.54M	0.22%	10,331 +277
173	BIG 173 DELISTED Big Lots, Inc. BIG	$1.53M	0.22%	28,486 -1,163
174	174 Avery Dennison AVY $12.7B	$1.51M	0.22%	15,384 +825
175	175 Live Nation Entertainment LYV $36.5B	$1.5M	0.22%	34,451 +18,690