SIAS

Shine Investment Advisory Services Portfolio holdings

AUM $295M

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

+$197M (+30%)

Cap. Flow

+$44.6M

Cap. Flow % of AUM

22.68%

Top 10 Holdings % Top 10 Hldgs %

52.75%

Holding

661

New

561

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
151	151 Waste Management WM $90.9B	$101K	0.05%	+1,381	New	+$101K
152	152 American Tower AMT $93.9B	$100K	0.05%	+754	New	+$100K
153	153 Service Corp International SCI $10.9B	$100K	0.05%	+3,003	New	+$100K
154	QVCGA 154 QVC Group, Inc. Series A Common Stock QVCGA $83.3M	$100K	0.05%	+4,061	New	+$100K
155	155 Thomson Reuters TRI $80.1B	$99K	0.05%	+2,129	New	+$99K
156	XLNX 156 DELISTED Xilinx Inc XLNX	$99K	0.05%	+1,535	New	+$99K
157	OA 157 DELISTED Orbital ATK, Inc. OA	$99K	0.05%	+1,009	New	+$99K
158	AIV 158 Aimco AIV $1.1B	–	–	0	–	–
159	159 Honeywell HON $138B	$98K	0.05%	+734	New	+$98K
160	160 Procter & Gamble PG $370B	$98K	0.05%	+1,127	New	+$98K
161	161 Newell Brands NWL $2.45B	$97K	0.05%	+1,805	New	+$97K
162	162 Sherwin-Williams SHW $90B	$97K	0.05%	+277	New	+$97K
163	163 Sanofi SNY $121B	$97K	0.05%	+2,017	New	+$97K
164	164 Canadian National Railway CNI $60.3B	$94K	0.05%	+1,161	New	+$94K
165	165 Marathon Petroleum MPC $54.8B	$94K	0.05%	+1,792	New	+$94K
166	166 Bank of America BAC $373B	$93K	0.05%	+3,833	New	+$93K
167	167 MPLX MPLX $51.9B	–	–	0	–	–
168	168 Trinity Industries TRN $2.3B	$92K	0.05%	+3,278	New	+$92K
169	169 Ecolab ECL $77.9B	$90K	0.05%	+676	New	+$90K
170	170 Olin OLN $2.7B	$90K	0.05%	+2,986	New	+$90K
171	171 Amgen AMGN $154B	$89K	0.05%	+514	New	+$89K
172	172 Teva Pharmaceuticals TEVA $21.5B	$88K	0.04%	+2,657	New	+$88K
173	ALEX 173 Alexander & Baldwin ALEX $1.38B	$87K	0.04%	+2,114	New	+$87K
174	174 UBS Group UBS $126B	$85K	0.04%	+4,990	New	+$85K
175	175 Fomento Económico Mexicano FMX $30.2B	$84K	0.04%	+857	New	+$84K