SIAS

Shine Investment Advisory Services Portfolio holdings

AUM $295M

1-Year Return 8.85%

2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 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

This Quarter Return

+2.69%

1 Year Return

+8.85%

3 Year Return

+29.06%

5 Year Return

+61.59%

10 Year Return

–

AUM

$197M

AUM Growth

+$45.6M (+30%)

Cap. Flow

+$44.6M

Cap. Flow % of AUM

22.68%

Top 10 Holdings % Top 10 Hldgs %

52.75%

Holding

661

New

560

Increased

Reduced

Closed

Top Buys

1	BSJI Invesco BulletShares 2018 High Yield Corporate Bond ETF BSJI	$14.7M
2	iShares MSCI Global Min Vol Factor ETF ACWV	$1.65M
3	Schwab International Equity ETF SCHF	$970K
4	Schwab U.S Small- Cap ETF SCHA	$919K
5	Schwab US Mid-Cap ETF SCHM	$744K

Top Sells

1	Invesco S&P 500 Pure Growth ETF RPG	$541K
2	SPDR S&P MidCap 400 ETF Trust MDY	$529K
3	Prologis PLD	$461K
4	Invesco QQQ Trust QQQ	$419K
5	Vanguard Growth ETF VUG	$402K

Sector Composition

1	Financials	2.74%
2	Technology	2.74%
3	Healthcare	2.52%
4	Industrials	2.42%
5	Consumer Discretionary	1.46%

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
326	326 TJX Companies TJX $155B	$39K	0.02%	+1,084	New	+$39K
327	DFS 327 DELISTED Discover Financial Services DFS	$38K	0.02%	+615	New	+$38K
328	328 Regions Financial RF $24.1B	$38K	0.02%	+2,612	New	+$38K
329	329 Televisa TV $1.56B	$38K	0.02%	+1,546	New	+$38K
330	SGI 330 Somnigroup International Inc. SGI $18.3B	$38K	0.02%	+2,884	New	+$38K
331	331 Boston Scientific BSX $159B	$37K	0.02%	+1,322	New	+$37K
332	332 Eaton ETN $136B	$37K	0.02%	+479	New	+$37K
333	333 Diamondback Energy FANG $40.2B	$37K	0.02%	+414	New	+$37K
334	334 Fifth Third Bancorp FITB $30.2B	$37K	0.02%	+1,425	New	+$37K
335	335 AbbVie ABBV $375B	$36K	0.02%	+500	New	+$36K
336	336 ASML ASML $307B	$36K	0.02%	+274	New	+$36K
337	337 General Dynamics GD $86.8B	$36K	0.02%	+181	New	+$36K
338	338 IBM IBM $232B	$36K	0.02%	+248	New	+$36K
339	339 Infosys INFY $67.9B	$36K	0.02%	+4,812	New	+$36K
340	340 KeyCorp KEY $20.8B	$36K	0.02%	+1,905	New	+$36K
341	341 Baxter International BAX $12.5B	$35K	0.02%	+577	New	+$35K
342	342 Charles River Laboratories CRL $8.07B	$35K	0.02%	+343	New	+$35K
343	343 CoStar Group CSGP $37.9B	$35K	0.02%	+1,310	New	+$35K
344	344 Vulcan Materials VMC $39B	$35K	0.02%	+274	New	+$35K
345	345 Danaher DHR $143B	$34K	0.02%	+452	New	+$34K
346	346 Factset FDS $14B	$34K	0.02%	+206	New	+$34K
347	347 Hilton Worldwide HLT $64B	$34K	0.02%	+555	New	+$34K
348	348 Hubbell HUBB $23.2B	$34K	0.02%	+304	New	+$34K
349	349 Southwest Airlines LUV $16.5B	$34K	0.02%	+546	New	+$34K
350	350 Verisk Analytics VRSK $37.8B	$34K	0.02%	+402	New	+$34K