Whitnell & Co Portfolio holdings

AUM $326M

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 2014 Q1 2013 Q4 2013 Q3 2013 Q2

This Quarter Return

+2.27%

1 Year Return

+25.97%

3 Year Return

+36.55%

5 Year Return

+44.78%

10 Year Return

–

AUM

$267M

AUM Growth

+$267M (+0.54%)

Cap. Flow

-$3M

Cap. Flow % of AUM

-1.12%

Top 10 Holdings % Top 10 Hldgs %

39.34%

Holding

288

New

Increased

Reduced

Closed

Top Buys

1	Energy Select Sector SPDR Fund XLE	$3.21M
2	SPDR Dow Jones International Real Estate ETF RWX	$1.13M
3	TYG Tortoise Energy Infrastructure Corp TYG	$714K
4	BBRC Columbia Beyond BRICs ETF BBRC	$658K
5	JWN Nordstrom JWN	$446K

Top Sells

1	Vanguard Global ex-US Real Estate ETF VNQI	$992K
2	Schwab US REIT ETF SCHH	$478K
3	Pfizer PFE	$313K
4	Illinois Tool Works ITW	$291K
5	CVS Health CVS	$285K

Sector Composition

1	Healthcare	25.95%
2	Technology	8.54%
3	Industrials	6.86%
4	Financials	6.04%
5	Energy	5.79%

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
126	BPL 126 DELISTED Buckeye Partners, L.P. BPL	$227K	0.09%	3,000	–	–
127	127 Nuveen S&P 500 Buy-Write Income Fund BXMX $1.48B	$223K	0.08%	17,422	–	–
128	128 Southern Company SO $101B	$223K	0.08%	5,045	–	–
129	129 Vanguard High Dividend Yield ETF VYM $63.6B	$217K	0.08%	3,175	–	–
130	130 Prothena Corp PRTA $452M	$209K	0.08%	5,487	–	–
131	PCL 131 DELISTED PLUM CREEK TIMBER CO (REIT) PCL	$198K	0.07%	4,550 -350	-7%	-$15.2K
132	132 Gilead Sciences GILD $140B	$196K	0.07%	2,000	–	–
133	133 iShares Core S&P Mid-Cap ETF IJH $99.4B	$195K	0.07%	6,410	–	–
134	134 Dominion Energy D $50.3B	$177K	0.07%	2,500	–	–
135	135 Starbucks SBUX $99.2B	$170K	0.06%	3,600	–	–
136	136 Philip Morris PM $254B	$154K	0.06%	2,040	–	–
137	137 Air Products & Chemicals APD $64.8B	$151K	0.06%	1,081	–	–
138	138 iShares China Large-Cap ETF FXI $6.65B	$151K	0.06%	3,400	–	–
139	139 Altria Group MO $112B	$150K	0.06%	3,000	–	–
140	140 Schwab US Dividend Equity ETF SCHD $71.7B	$148K	0.06%	11,280	–	–
141	141 Sysco SYY $38.8B	$144K	0.05%	3,805	–	–
142	142 Fastenal FAST $56.5B	$141K	0.05%	13,600	–	–
143	143 Boston Properties BXP $11.7B	$140K	0.05%	1,000	–	–
144	144 Best Buy BBY $15.8B	$128K	0.05%	3,375	–	–
145	145 America Movil AMX $58.8B	$126K	0.05%	6,160	–	–
146	146 ConocoPhillips COP $118B	$125K	0.05%	2,003 -546	-21%	-$34.1K
147	NS 147 DELISTED NuStar Energy L.P. NS	$121K	0.05%	2,000	–	–
148	148 Applied Materials AMAT $124B	$117K	0.04%	5,188	–	–
149	EEP 149 DELISTED Enbridge Energy Partners EEP	$115K	0.04%	3,200	–	–
150	150 Eli Lilly LLY $661B	$109K	0.04%	1,500	–	–