Lebenthal Holdings Portfolio holdings

AUM $806M

1-Year Est. Return 2.13%

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

This Quarter Est. Return

1 Year Est. Return

+2.13%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$806M

AUM Growth

+$235M (+41%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

423

New

Increased

Reduced

Closed

Top Buys

1		+$14.4M
2		+$11.5M
3		+$9.86M
4	Chevron CVX	+$8.47M
5	IBM IBM	+$7.69M

Top Sells

1		+$2.83M
2		+$2.38M
3		+$1.9M
4	Align Technology ALGN	+$1.88M
5	Standex International SXI	+$1.76M

Sector Composition

1	Healthcare	13.75%
2	Technology	12.01%
3	Industrials	11.89%
4	Financials	10.73%
5	Consumer Discretionary	9.77%

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
201	201 Kinder Morgan KMI $61.3B	$1.08M	0.13%	57,669 -32,457
202	DGAS 202 DELISTED Delta Natural Gas Co Inc DGAS	$1.08M	0.13%	+40,000
203	203 Unilever UL $153B	$1.03M	0.13%	21,460 -4,414
204	204 iShares MSCI Belgium ETF EWK $29.1M	$1.02M	0.13%	+88,983
205	205 Charles Schwab SCHW $171B	$986K	0.12%	38,945 +28,856
206	206 FedEx FDX $57.8B	$965K	0.12%	6,357 -491
207	207 Ross Stores ROST $51.1B	$962K	0.12%	+16,969
208	208 Alibaba BABA $390B	$937K	0.12%	11,782 -950
209	209 Costco COST $416B	$937K	0.12%	5,966 -2,028
210	210 Palo Alto Networks PANW $145B	$917K	0.11%	44,850 -1,200
211	211 Yum! Brands YUM $41.2B	$908K	0.11%	15,233 -3,625
212	212 Fiserv FI $68.7B	$872K	0.11%	+16,032
213	213 Aptiv APTV $18.6B	$865K	0.11%	13,821 -1,780
214	214 Netflix NFLX $528B	$863K	0.11%	9,435 -2,700
215	215 iShares Core S&P 500 ETF IVV $668B	$855K	0.11%	+4,062
216	216 Exelon EXC $48.4B	$851K	0.11%	+32,807
217	217 Salesforce CRM $251B	$837K	0.1%	10,542 -5,130
218	218 Nike NKE $102B	$829K	0.1%	15,020 -30,735
219	219 Cooper Companies COO $14.9B	$817K	0.1%	19,048 -4,192
220	220 General Mills GIS $26B	$808K	0.1%	11,333 -3,245
221	221 Cullen/Frost Bankers CFR $8.08B	$772K	0.1%	12,120 -130
222	222 Broadcom AVGO $1.63T	$739K	0.09%	47,540 -12,480
223	223 Fastenal FAST $49.7B	$715K	0.09%	64,440 -50,868
224	224 Genuine Parts GPC $18.7B	$714K	0.09%	7,056 -160
225	225 Pitney Bowes PBI $2B	$712K	0.09%	+40,000