SAM

Senzar Asset Management Portfolio holdings

AUM $34.7M

1-Year Return 0.55%

2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 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

This Quarter Return

+14.93%

1 Year Return

+0.55%

3 Year Return

-0.75%

5 Year Return

–

10 Year Return

–

AUM

$410M

AUM Growth

+$69.1M (+20%)

Cap. Flow

+$48.6M

Cap. Flow % of AUM

11.84%

Top 10 Holdings % Top 10 Hldgs %

64.9%

Holding

New

Increased

Reduced

Closed

Top Buys

1	STJ St Jude Medical STJ	$48M
2	KND Kindred Healthcare KND	$38.9M
3	Eli Lilly LLY	$22.3M
4	MiMedx Group MDXG	$21.9M
5	Labcorp LH	$21.3M

Top Sells

1	Viatris VTRS	$26.1M
2	Community Health Systems CYH	$23.5M
3	Bausch Health BHC	$21.5M
4	AGN Allergan plc AGN	$18.4M
5	Biogen BIIB	$12.8M

Sector Composition

Healthcare

83.04%

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
26	26 Talphera TLPH $10.6M	$4.02M	0.98%	52,034 +6,695	+15%	+$517K
27	ITCI 27 DELISTED Intra-Cellular Therapies Inc. ITCI	$3.58M	0.87%	+150,100	New	+$3.58M
28	VXRT 28 DELISTED Vaxart VXRT	$3.38M	0.82%	133,755 +5,782	+5%	+$146K
29	ACHN 29 DELISTED Achillion Pharmaceuticals, Inc. ACHN	$3.06M	0.74%	+309,900	New	+$3.06M
30	RPRX 30 DELISTED Repros Therapeutics Inc. RPRX	$2.1M	0.51%	244,006 -520,400	-68%	-$4.47M
31	ADYX 31 DELISTED Adynxx, Inc. Common Stock ADYX	$1.37M	0.33%	+4,383	New	+$1.37M
32	XENT 32 DELISTED Intersect ENT, Inc XENT	$1.11M	0.27%	+42,927	New	+$1.11M
33	PFNX 33 DELISTED Pfenex Inc. PFNX	$834K	0.2%	+52,300	New	+$834K
34	34 Bausch Health BHC $2.67B	–	–	-150,300	Closed	-$21.5M
35	35 Biogen BIIB $20.5B	–	–	-37,800	Closed	-$12.8M
36	BLUE 36 DELISTED bluebird bio BLUE	–	–	-2,910	Closed	-$3.46M
37	37 CONMED CNMD $1.69B	–	–	-248,900	Closed	-$11.2M
38	38 Community Health Systems CYH $398M	–	–	-526,471	Closed	-$23.5M
39	39 Ironwood Pharmaceuticals IRWD $179M	–	–	-933,469	Closed	-$12M
40	40 Viatris VTRS $12B	–	–	-463,300	Closed	-$26.1M
41	ICPT 41 DELISTED Intercept Pharmaceuticals, Inc. ICPT	–	–	-61,900	Closed	-$9.66M
42	MGLN 42 DELISTED Magellan Health Services, Inc. MGLN	–	–	-208,500	Closed	-$12.5M
43	FPRX 43 DELISTED Five Prime Therapeutics, Inc. FPRX	–	–	-332,474	Closed	-$8.98M
44	AGN 44 DELISTED Allergan plc AGN	–	–	-71,600	Closed	-$18.4M
45	SLXP 45 DELISTED SALIX PHARMACEUTICALS LTD DEL SLXP	–	–	-85,400	Closed	-$9.82M
46	COV 46 DELISTED COVIDIEN PLC COM SHS NEW (IRELAND) COV	–	–	-105,862	Closed	-$10.8M
47	MDVN 47 DELISTED MEDIVATION, INC. MDVN	–	–	-159,000	Closed	-$7.92M