VAIA

Virtus Alternative Investment Advisers Portfolio holdings

AUM $6.71M

1-Year Return 37.54%

2020 Q4 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

This Quarter Return

+28.65%

1 Year Return

+37.54%

3 Year Return

+43.39%

5 Year Return

–

10 Year Return

–

AUM

$6.41M

AUM Growth

-$894K (-12%)

Cap. Flow

-$2.23M

Cap. Flow % of AUM

-34.77%

Top 10 Holdings % Top 10 Hldgs %

17.91%

Holding

299

New

Increased

Reduced

201

Closed

Top Buys

1	Otis Worldwide OTIS	$165K
2	Lumentum LITE	$97K
3	Broadcom AVGO	$92K
4	Qualcomm QCOM	$92K
5	Qorvo QRVO	$91K

Top Sells

1	iShares JPMorgan USD Emerging Markets Bond ETF EMB	$820K
2	Invesco Emerging Markets Sovereign Debt ETF PCY	$787K
3	Equifax EFX	$108K
4	TransUnion TRU	$66.2K
5	RTX Corp RTX	$62K

Sector Composition

1	Technology	28.47%
2	Industrials	20.95%
3	Healthcare	18.94%
4	Communication Services	9.16%
5	Consumer Staples	5.76%

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
226	226 Universal Display OLED $6.91B	$12K	0.19%	+83	New	+$12K
227	227 Anterix ATEX $412M	$12K	0.19%	268 -251	-48%	-$11.2K
228	228 Brady Corp BRC $3.86B	$12K	0.19%	253 -237	-48%	-$11.2K
229	229 Cal-Maine CALM $5.52B	$12K	0.19%	280 -263	-48%	-$11.3K
230	230 Codexis CDXS $218M	$12K	0.19%	1,050 -982	-48%	-$11.2K
231	231 Chemed CHE $6.79B	$12K	0.19%	27 -25	-48%	-$11.1K
232	232 Cooper Companies COO $13.5B	$12K	0.19%	164 -156	-49%	-$11.4K
233	CSW 233 CSW Industrials, Inc. CSW $4.46B	$12K	0.19%	178 -167	-48%	-$11.3K
234	234 Enanta Pharmaceuticals ENTA $189M	$12K	0.19%	234 -220	-48%	-$11.3K
235	235 Graco GGG $14.2B	$12K	0.19%	242 -224	-48%	-$11.1K
236	236 Hormel Foods HRL $14.1B	$12K	0.19%	243 -227	-48%	-$11.2K
237	237 John B. Sanfilippo & Son JBSS $749M	$12K	0.19%	+142	New	+$12K
238	238 J&J Snack Foods JJSF $2.12B	$12K	0.19%	96 -90	-48%	-$11.3K
239	239 Krystal Biotech KRYS $4.35B	$12K	0.19%	+290	New	+$12K
240	240 Mesa Laboratories MLAB $356M	$12K	0.19%	+55	New	+$12K
241	241 Republic Services RSG $71.7B	$12K	0.19%	149 -140	-48%	-$11.3K
242	242 Simply Good Foods SMPL $2.86B	$12K	0.19%	665 -623	-48%	-$11.2K
243	243 Tactile Systems Technology TCMD $300M	$12K	0.19%	285 -268	-48%	-$11.3K
244	244 Teledyne Technologies TDY $25.7B	$12K	0.19%	40 -37	-48%	-$11.1K
245	245 Toro Company TTC $7.99B	$12K	0.19%	178 -167	-48%	-$11.3K
246	246 WD-40 WDFC $2.95B	$12K	0.19%	58 -54	-48%	-$11.2K
247	CTXS 247 DELISTED Citrix Systems Inc CTXS	$12K	0.19%	79 -73	-48%	-$11.1K
248	CERN 248 DELISTED Cerner Corp CERN	$12K	0.19%	180 -173	-49%	-$11.5K
249	EGOV 249 DELISTED NIC Inc EGOV	$12K	0.19%	+516	New	+$12K
250	EIDX 250 DELISTED Eidos Therapeutics, Inc. Common Stock EIDX	$12K	0.19%	+255	New	+$12K