Kanaly Trust Portfolio holdings

AUM $471M

1-Year Return 15.11%

2016 Q4 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 Return

+9.32%

1 Year Return

+15.11%

3 Year Return

+11.56%

5 Year Return

–

10 Year Return

–

AUM

$502M

AUM Growth

+$153M (+44%)

Cap. Flow

+$119M

Cap. Flow % of AUM

23.78%

Top 10 Holdings % Top 10 Hldgs %

63.16%

Holding

559

New

464

Increased

Reduced

Closed

Top Buys

1	EOG Resources EOG	$8.67M
2	ConocoPhillips COP	$6.43M
3	Merck MRK	$2.65M
4	Chevron CVX	$2.55M
5	Exxon Mobil XOM	$2.37M

Top Sells

1	Schwab US Broad Market ETF SCHB	$3.95M
2	Marathon Petroleum MPC	$965K
3	Enterprise Products Partners EPD	$946K
4	Forum Energy Technologies FET	$538K
5	Plains All American Pipeline PAA	$521K

Sector Composition

1	Energy	45.97%
2	Healthcare	4.18%
3	Consumer Staples	3.19%
4	Industrials	2.99%
5	Financials	2.62%

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	ESRX 176 DELISTED Express Scripts Holding Company ESRX	$225K	0.04%	+3,206	New	+$225K
177	OKS 177 DELISTED Oneok Partners LP OKS	$225K	0.04%	4,275	–	–
178	178 BOK Financial BOKF $7.18B	$223K	0.04%	3,368	–	–
179	179 PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund HYS $1.44B	$223K	0.04%	+2,092	New	+$223K
180	180 Agnico Eagle Mines AEM $76.3B	$221K	0.04%	+8,366	New	+$221K
181	181 Meta Platforms (Facebook) META $1.89T	$219K	0.04%	+4,000	New	+$219K
182	CELG 182 DELISTED Celgene Corp CELG	$218K	0.04%	+2,586	New	+$218K
183	183 iShares Select U.S. REIT ETF ICF $1.92B	$213K	0.04%	+5,710	New	+$213K
184	184 Allstate ALL $53.1B	$210K	0.04%	+3,844	New	+$210K
185	185 Camden Property Trust CPT $11.9B	$210K	0.04%	+3,700	New	+$210K
186	186 Kinross Gold KGC $26.9B	$208K	0.04%	+47,446	New	+$208K
187	BHI 187 DELISTED Baker Hughes BHI	$204K	0.04%	+3,700	New	+$204K
188	188 Invesco QQQ Trust QQQ $368B	$202K	0.04%	+2,300	New	+$202K
189	189 CSX Corp CSX $60.6B	$201K	0.04%	+21,000	New	+$201K
190	190 Texas Pacific Land TPL $20.4B	$200K	0.04%	+6,000	New	+$200K
191	TUP 191 DELISTED Tupperware Brands Corporation TUP	$196K	0.04%	+2,070	New	+$196K
192	192 Honeywell HON $136B	$192K	0.04%	+2,203	New	+$192K
193	193 Vanguard Dividend Appreciation ETF VIG $95.8B	$192K	0.04%	+2,549	New	+$192K
194	194 Novo Nordisk NVO $245B	$189K	0.04%	+10,240	New	+$189K
195	195 CenterPoint Energy CNP $24.7B	$182K	0.04%	+7,860	New	+$182K
196	WBK 196 DELISTED Westpac Banking Corporation WBK	$182K	0.04%	+6,250	New	+$182K
197	197 iShares 1-3 Year Treasury Bond ETF SHY $24.5B	$181K	0.04%	+2,150	New	+$181K
198	PX 198 DELISTED Praxair Inc PX	$179K	0.04%	+1,375	New	+$179K
199	199 Schwab US Broad Market ETF SCHB $36.3B	$178K	0.04%	23,664 -524,550	-96%	-$3.95M
200	200 Texas Capital Bancshares TCBI $3.96B	$178K	0.04%	+2,858	New	+$178K