Fund Facts  

Inception Date: Oct 30, 2007
CUSIP: 92210J465
Morningstar Category:Small Blend

Documents for Fund or Underlying Fund(s)  

Description

Objective  

Long-term capital growth.

Principal Investment Strategies  

The Fund invests substantially all of its assets in a single underlying VT III Vantagepoint Fund. The underlying fund invests, under normal circumstances, primarily in a combination of common stocks of U.S. small-capitalization companies, Russell 2000® Index futures contracts, and U.S. and foreign fixed income securities. Its subadvisers select stocks that they believe have above average potential for growth and that generally have market capitalizations that fall within the range of companies in the Russell 2000® Index. The underlying fund’s U.S. and foreign fixed income securities (1) are held, in part, as collateral in conjunction with its use of futures contracts; (2) may include government and agency securities, corporate bonds, mortgage-backed securities, asset-backed securities, and municipal securities; and (3) at all times have a portfolio effective duration no greater than three years. In addition to using Russell 2000® Index futures contracts, the underlying fund’s subadvisers also may use other derivative instruments. The underlying fund also may invest in foreign equity securities (including those of issuers located in emerging market countries), U.S. preferred stock, and U.S. and foreign convertible stock.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Stock Market Risk, Small-Cap Securities Risk, Preferred Stock Risk, Foreign Securities Risk, Foreign Currency Risk, Convertible Securities Risk, High Yield Securities Risk, Municipal Securities Risk, Derivative Instruments Risk, Interest Rate Risk, Credit Risk, Call Risk, Mortgage-Backed Securities Risk, Asset-Backed Securities Risk, U.S. Government Agency Securities Risk, Portfolio Turnover Risk, Multi-Manager Risk, Large Investor Risk.
Please see the Disclosure Memorandum for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2017
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint Discovery   5.38%12.03%20.91%10.30%12.91%N/A7.21%
Russell 2000 Indexa,b5.67%10.94%20.74%12.18%13.79%7.85%N/A
Morningstar Small Blenda,c5.10%8.45%18.91%10.01%12.83%7.19%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Total Expenses d
Gross Expenses0.74%
Net Expenses0.74%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000® Index is a subset of the Russell 3000® Index, and includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. VantageTrust Funds invest either in collective investment funds or underlying registered funds. Please refer to the underlying fund's disclosure documents for additional information on fund fees and expenses.

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2017
Period Stars Category Size
Overall 3 Stars653
3-Year 3 Stars653
5-Year 3 Stars554
10-Year N/A N/A

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Sep 30, 2017
Equity Stylebox Fixed Income Stylebox
Small BlendMedium Limited
 

Statistics

Portfolio Statistics As of Sep 30, 2017
Statistic3-Year5-Year
Beta0.950.96
Alpha-1.15-0.33
Standard Deviation13.8513.62
 
 

Underlying Fund Characteristics

Top Ten Holdings As of Oct 31, 2017
Holding NamePercent
EMIN RUSSELL 2000 EQUITY INDEX DEC17 (RTYZ7)69.2%
UNITED STATES TREASURY NOTE/BOND 1.5% 10/31/20195.9%
BLACKROCK TEMP FUND4.1%
UNITED STATES TREASURY NOTE/BOND 1.375% 09/30/20193.7%
UNITED STATES TREASURY NOTE/BOND 1.375% 09/15/20202.3%
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/20192.2%
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY1.7%
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/20191.4%
FIDELITY INSTITUTIONAL MONEY MARKET1.0%
UNITED STATES TREASURY NOTE/BOND 1.5% 06/15/20200.7%
All Holdings As of Oct 31, 2017
Equity
Holding NameMarket Value
2U INC$2,551,436
INSULET CORP$2,391,215
FERRO CORP$2,280,170
TRI POINTE GROUP INC$2,217,972
HUBSPOT INC$2,198,457
ENTEGRIS INC$2,186,980
MGIC INVESTMENT CORP$2,176,546
STERLING BANCORP/DE$2,163,418
CLEAN HARBORS INC$2,084,322
MB FINANCIAL INC$2,068,081
POLYONE CORP$2,066,009
KIRBY CORP$2,013,486
NU SKIN ENTERPRISES INC$2,009,885
HAEMONETICS CORP$1,994,143
NEW YORK TIMES CO/THE$1,967,205
VONAGE HOLDINGS CORP$1,962,208
CHART INDUSTRIES INC$1,928,573
FCB FINANCIAL HOLDINGS INC$1,917,922
DECKERS OUTDOOR CORP$1,879,944
TEXAS CAPITAL BANCSHARES INC$1,838,286
TIMKEN CO/THE$1,830,835
CARPENTER TECHNOLOGY CORP$1,827,293
JOHN BEAN TECHNOLOGIES CORP$1,801,158
MOLINA HEALTHCARE INC$1,793,968
FIRSTCASH INC$1,748,405
DELEK US HOLDINGS INC$1,742,875
LIFE STORAGE INC$1,740,863
STATE BANK FINANCIAL CORP$1,727,170
BMC STOCK HOLDINGS INC$1,722,435
KEMPER CORP$1,715,060
EHEALTH INC$1,709,952
PERFORMANCE FOOD GROUP CO$1,707,367
AMERIS BANCORP$1,704,857
METHANEX CORP$1,699,523
BROADSOFT INC$1,688,502
CAVIUM INC$1,683,425
HMS HOLDINGS CORP$1,673,880
PACIFIC PREMIER BANCORP INC$1,672,196
PATTERN ENERGY GROUP INC$1,666,438
SYNERGY RESOURCES CORP$1,660,551
TELEDYNE TECHNOLOGIES INC$1,657,790
TENNECO INC$1,648,000
TRINET GROUP INC$1,645,936
REXFORD INDUSTRIAL REALTY INC$1,642,510
AIR LEASE CORP$1,627,594
BLACK HILLS CORP$1,627,193
PS BUSINESS PARKS INC$1,615,088
WATTS WATER TECHNOLOGIES INC$1,610,860
MFA FINANCIAL INC$1,608,876
FIRST SOLAR INC$1,592,082
REDWOOD TRUST INC$1,588,674
CALLIDUS SOFTWARE INC$1,574,514
LINDBLAD EXPEDITIONS HOLDINGS INC$1,571,552
GATX CORP$1,560,998
ACUSHNET HOLDINGS CORP$1,543,981
SOUTH STATE CORP$1,541,566
ASSURED GUARANTY LTD$1,517,316
ADVANCED DRAINAGE SYSTEMS INC$1,516,787
CIENA CORP$1,512,467
OUTFRONT MEDIA INC$1,512,291
MINERALS TECHNOLOGIES INC$1,499,906
HORACE MANN EDUCATORS CORP$1,495,682
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$1,495,594
CHICOS FAS INC$1,487,410
BLOOMIN BRANDS INC$1,487,173
GRAPHIC PACKAGING HOLDING CO$1,479,171
GLOBUS MEDICAL INC$1,463,948
WESTERN ALLIANCE BANCORP$1,462,127
LIFEPOINT HEALTH INC$1,439,492
POTLATCH CORP$1,427,194
MOMENTA PHARMACEUTICALS INC$1,387,257
ZENDESK INC$1,375,408
ESTERLINE TECHNOLOGIES CORP$1,374,756
ORION ENGINEERED CARBONS SA$1,363,919
LASALLE HOTEL PROPERTIES$1,331,032
CALLON PETROLEUM CO$1,313,732
WABASH NATIONAL CORP$1,308,938
LA-Z-BOY INC$1,301,173
WERNER ENTERPRISES INC$1,288,035
KENNEDY-WILSON HOLDINGS INC$1,285,451
SOLAR CAPITAL LTD$1,204,304
PRA GROUP INC$1,203,160
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,200,196
CARDTRONICS PLC$1,172,526
KINDRED HEALTHCARE INC$1,154,050
CINEMARK HOLDINGS INC$1,059,892
VERIFONE SYSTEMS INC$1,039,211
MIMEDX GROUP INC$971,136
BLUEPRINT MEDICINES CORP$953,592
PAPA JOHNS INTERNATIONAL INC$939,090
SPIRIT AIRLINES INC$906,813
BLUEBIRD BIO INC$893,161
RAMBUS INC$888,484
CLOUDERA INC$868,023
COOPER TIRE & RUBBER CO$859,360
ACACIA COMMUNICATIONS INC$846,200
BANC OF CALIFORNIA INC$816,824
OCLARO INC$795,574
JAMES RIVER GROUP HOLDINGS LTD$787,152
DERMIRA INC$781,684
IGNYTA INC$774,620
TELADOC INC$769,107
GLAUKOS CORP$723,855
CHEESECAKE FACTORY INC/THE$607,659
MASONITE INTERNATIONAL CORP$576,121
ADURO BIOTECH INC$545,314
ULTRAGENYX PHARMACEUTICAL INC$459,932
AMBARELLA INC$412,012
FORESCOUT TECHNOLOGIES INC$10,340
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.5% 10/31/2019$32,085,984
UNITED STATES TREASURY NOTE/BOND 1.375% 09/30/2019$19,866,700
UNITED STATES TREASURY NOTE/BOND 1.375% 09/15/2020$12,206,425
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/2019$12,108,633
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$7,301,957
UNITED STATES TREASURY NOTE/BOND 1.5% 06/15/2020$3,935,997
BPCE SA 2.082% 05/31/2022$3,691,013
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$3,609,670
DOMINOS PIZZA MASTER ISSUER LLC 2.486% 07/25/2047$3,594,921
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$3,237,982
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.97% 08/25/2029$3,134,671
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$3,129,137
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$2,895,092
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$2,805,385
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$2,604,593
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$2,604,075
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$2,546,965
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,536,008
ABN AMRO BANK NV 2.1% 01/18/2019$2,484,487
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,482,320
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$2,431,626
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$2,423,116
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$2,340,994
COLONY STARWOOD HOMES 2016-2 TRUST 2.022% 12/17/2033$2,310,333
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$2,282,697
WELLS FARGO & CO 1.964% 02/11/2022$2,123,022
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$2,047,452
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$2,033,528
KUBOTA CREDIT OWNER TRUST 2017-1 2.36% 08/16/2021$2,032,719
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$2,021,710
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.465% 05/01/2042$1,953,946
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$1,951,888
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$1,932,878
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$1,918,193
VERIZON COMMUNICATIONS INC 4.5% 09/15/2020$1,908,857
ING BANK NV 2% 11/26/2018$1,889,106
FEDERATION DES CAISSES DESJARDINS DU QUEBEC 2.25% 10/30/2020$1,888,123
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 0% 03/25/2030$1,887,167
WESTPAC BANKING CORP 2.15% 03/06/2020$1,864,714
BECTON DICKINSON AND CO 2.346% 06/06/2022$1,857,722
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$1,848,563
PRESTIGE AUTO RECEIVABLES TRUST 2016-1 1.99% 06/15/2020$1,842,420
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$1,841,065
MITSUBISHI UFJ FINANCIAL GROUP INC 1.97% 02/22/2022$1,840,947
SOFI CONSUMER LOAN PROGRAM 2017-5 LLC 2.14% 09/25/2026$1,834,911
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$1,834,507
DNB BANK ASA 2.125% 10/02/2020$1,823,956
SEQUOIA MORTGAGE TRUST 2017-CH1 3.5% 10/25/2047$1,816,010
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,815,215
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$1,812,622
ATHENE GLOBAL FUNDING 2.529% 07/01/2022$1,811,422
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$1,808,518
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$1,807,024
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.4% 02/21/2020$1,806,732
ENLINK MIDSTREAM PARTNERS LP 2.7% 04/01/2019$1,804,382
GOLDMAN SACHS GROUP INC/THE 2.6% 12/27/2020$1,800,865
CENOVUS ENERGY INC 5.7% 10/15/2019$1,799,264
BAT CAPITAL CORP 2.297% 08/14/2020$1,791,846
BANK OF AMERICA CORP 2.153% 04/24/2023$1,790,581
GENERAL MOTORS FINANCIAL CO INC 2.085% 04/13/2020$1,789,415
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$1,771,643
DXC TECHNOLOGY CO 2.264% 03/01/2021$1,741,083
KINDER MORGAN INC/DE 3.05% 12/01/2019$1,731,473
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$1,704,444
ARES CAPITAL CORP 3.625% 01/19/2022$1,700,186
HUSKY ENERGY INC 7.25% 12/15/2019$1,650,729
GOSFORTH FUNDING 2017-1 PLC 1.787% 12/19/2059$1,641,259
BANK OF AMERICA CORP 2.6% 01/15/2019$1,611,030
MORGAN STANLEY 2.243% 07/22/2022$1,576,623
CITIBANK NA 2% 03/20/2019$1,552,537
HSBC USA INC 2.375% 11/13/2019$1,511,640
JPMORGAN CHASE & CO 1% 06/01/2021$1,494,185
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$1,488,749
JPMORGAN CHASE & CO 6.3% 04/23/2019$1,487,186
BECTON DICKINSON AND CO 2.133% 06/06/2019$1,486,172
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$1,462,335
MORGAN STANLEY 2.21% 01/20/2022$1,457,826
SMITHFIELD FOODS INC 2.7% 01/31/2020$1,415,467
NEWELL BRANDS INC 2.15% 10/15/2018$1,404,409
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.678% 07/25/2028$1,403,046
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$1,385,816
ACTAVIS FUNDING SCS 3% 03/12/2020$1,376,340
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$1,344,394
CARDINAL HEALTH INC 1.95% 06/15/2018$1,301,298
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,291,748
CITIGROUP INC 2.45% 01/10/2020$1,277,838
AMGEN INC 1.9% 05/10/2019$1,265,739
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2.05% 09/23/2019$1,254,111
ABN AMRO BANK NV 2.5% 10/30/2018$1,249,260
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,225,072
CITIBANK NA 1.85% 09/18/2019$1,223,118
MORGAN STANLEY 2.026% 01/27/2020$1,219,049
WELLS FARGO BANK NA 1.8% 11/28/2018$1,216,050
WESTPAC BANKING CORP 1.6% 08/19/2019$1,213,070
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$1,200,842
HYUNDAI CAPITAL AMERICA 2.4% 10/30/2018$1,197,762
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$1,189,776
PFIZER INC 1.45% 06/03/2019$1,185,119
BANK OF AMERICA CORP 2.369% 07/21/2021$1,184,591
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,183,583
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$1,181,415
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$1,162,036
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$1,158,485
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,148,280
CK HUTCHISON INTERNATIONAL 17 II LTD 2.25% 09/29/2020$1,136,735
CAPITAL ONE BANK USA NA 2.25% 02/13/2019$1,128,027
MAJAPAHIT HOLDING BV 7.75% 01/20/2020$1,117,363
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,110,324
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$1,096,175
MOODYS CORP 5.5% 09/01/2020$1,087,883
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$1,075,216
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$1,025,067
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$1,021,732
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,003,641
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,003,066
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,001,940
UBS AG/LONDON 2.2% 06/08/2020$996,402
GENERAL MOTORS FINANCIAL CO INC 2.606% 06/30/2022$995,556
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$990,827
FIRST INVESTORS AUTO OWNER TRUST 2017-1 2.2% 03/15/2022$989,070
SUMITOMO MITSUI BANKING CORP 2.092% 10/18/2019$985,049
CITIGROUP INC 2.5% 09/26/2018$980,577
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$974,232
INVITATION HOMES 2015-SFR2 TRUST 1.888% 06/17/2032$973,829
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$960,015
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$953,198
ENBRIDGE ENERGY PARTNERS LP 4.375% 10/15/2020$946,062
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$942,267
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$935,298
HEWLETT PACKARD ENTERPRISE CO 2.1% 10/04/2019$934,264
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$930,253
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$923,214
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$916,189
TECH DATA CORP 3.7% 02/15/2022$906,947
AT&T INC 2.3% 03/11/2019$904,012
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 2.3% 03/10/2019$903,666
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$898,044
MOLSON COORS BREWING CO 1.9% 03/15/2019$893,238
ING GROEP NV 2.302% 03/29/2022$888,751
GOLDMAN SACHS GROUP INC/THE 5.375% 03/15/2020$856,747
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$851,713
BANK OF AMERICA CORP 2.328% 10/01/2021$847,664
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$832,476
IBM CREDIT LLC 1.625% 09/06/2019$832,193
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$830,111
KINDER MORGAN INC/DE 2.589% 01/15/2023$817,162
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$815,538
PACCAR FINANCIAL CORP 1.3% 05/10/2019$813,266
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$812,393
CITIGROUP INC 2.262% 07/24/2023$804,126
SUNOCO LOGISTICS PARTNERS OPERATIONS LP 5.5% 02/15/2020$799,795
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$786,595
VIASAT INC 5.625% 09/15/2025$777,431
VULCAN MATERIALS CO 1.846% 06/15/2020$777,363
ABU DHABI GOVERNMENT INTERNATIONAL BOND 2.5% 10/11/2022$775,544
ENERGY TRANSFER EQUITY LP 4.25% 03/15/2023$759,907
NOKIA OYJ 3.375% 06/12/2022$754,056
SLM CORP 5.125% 04/05/2022$753,094
NORTHROP GRUMMAN CORP 2.08% 10/15/2020$745,543
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$736,551
INVITATION HOMES 2014-SFR2 TRUST 1.65% 09/17/2031$732,935
LENNAR CORP 4.125% 01/15/2022$727,125
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$719,207
CHEVRON CORP 1.686% 02/28/2019$710,024
PHILLIPS 66 1.906% 04/15/2020$706,412
FORD MOTOR CREDIT CO LLC 2.551% 10/05/2018$695,329
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$691,560
VMWARE INC 2.3% 08/21/2020$689,008
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$685,079
SUNTORY HOLDINGS LTD 2.55% 09/29/2019$680,528
CARDINAL HEALTH INC 1.948% 06/14/2019$678,874
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$676,569
REYNOLDS AMERICAN INC 2.3% 06/12/2018$661,972
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$650,298
GOLDMAN SACHS GROUP INC/THE 2.006% 11/15/2018$640,585
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$628,564
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$624,237
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$619,754
MCLAREN FINANCE PLC 5.75% 08/01/2022$619,260
MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV 1.625% 10/28/2019$619,090
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$608,995
MIZUHO BANK LTD 2.4% 03/26/2020$606,887
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$606,866
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$606,359
DELTA AIR LINES INC 2.875% 03/13/2020$601,225
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$601,020
NISSAN MOTOR ACCEPTANCE CORP 2.15% 09/28/2020$593,338
MORGAN STANLEY 2.45% 02/01/2019$593,259
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$591,192
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$587,468
QUALCOMM INC 1.85% 05/20/2019$570,763
SMITHFIELD FOODS INC 2.65% 10/03/2021$565,756
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$562,572
DOMINION ENERGY INC 1.771% 06/01/2019$546,924
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$544,763
GILEAD SCIENCES INC 1.85% 09/20/2019$544,534
SUMITOMO MITSUI TRUST BANK LTD 1.95% 09/19/2019$542,834
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$534,812
PNC BANK NA 2.45% 11/05/2020$534,468
BP CAPITAL MARKETS PLC 1.768% 09/19/2019$529,723
ENSTAR GROUP LTD 4.5% 03/10/2022$525,128
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$515,889
MYLAN NV 2.5% 06/07/2019$511,729
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$501,138
CHENIERE ENERGY PARTNERS LP 5.25% 10/01/2025$495,600
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$489,733
SEAGATE HDD CAYMAN 4.25% 03/01/2022$488,318
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$485,066
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$480,300
STANDARD CHARTERED PLC 2.1% 08/19/2019$478,883
MOODYS CORP 2.75% 12/15/2021$468,648
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$466,299
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$461,385
EQT CORP 2.5% 10/01/2020$460,135
GLENCORE FUNDING LLC 3% 10/27/2022$455,892
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.184% 01/25/2024$439,536
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$439,047
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$432,000
PITNEY BOWES INC 3.625% 09/15/2020$430,702
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$429,475
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$428,985
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$426,868
HONEYWELL INTERNATIONAL INC 1.8% 10/30/2019$424,735
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$422,016
CITIGROUP INC 2.05% 12/07/2018$410,520
NVIDIA CORP 2.2% 09/16/2021$408,352
ONEOK INC 4.25% 02/01/2022$406,653
DOMINION ENERGY INC 2.579% 07/01/2020$402,446
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$401,343
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$400,047
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$380,375
CBOE HOLDINGS INC 1.95% 06/28/2019$379,056
BMW US CAPITAL LLC 1.5% 04/11/2019$368,531
COLONY AMERICAN HOMES 2014-2 1.474% 07/17/2031$363,088
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$362,317
FIFTH THIRD BANK/CINCINNATI OH 2.2% 10/30/2020$360,283
SEAGATE HDD CAYMAN 3.75% 11/15/2018$356,449
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$351,065
GLENCORE FUNDING LLC 2.24% 01/15/2019$333,543
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.742% 09/25/2028$323,982
CITIGROUP INC 2.05% 06/07/2019$320,022
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$317,839
ACTAVIS FUNDING SCS 2.1% 03/12/2020$315,808
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$311,620
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$310,140
CISCO SYSTEMS INC 1.6% 02/28/2019$309,646
SANTANDER UK PLC 2.5% 03/14/2019$307,335
CISCO SYSTEMS INC 1.4% 09/20/2019$303,200
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$298,882
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,501
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$285,148
PITNEY BOWES INC 4.7% 04/01/2023$273,884
COLONY AMERICAN HOMES 2014-1 1.7% 05/17/2031$273,849
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$273,212
ISTAR INC 4.625% 09/15/2020$261,056
EXXON MOBIL CORP 1.708% 03/01/2019$260,279
DXC TECHNOLOGY CO 2.875% 03/27/2020$253,375
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,005
STRYKER CORP 2% 03/08/2019$250,624
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.422% 01/26/2026$249,964
BANCO DE CREDITO DEL PERU/PANAMA 2.25% 10/25/2019$240,600
EBAY INC 2.5% 03/09/2018$230,723
BANK OF AMERICA CORP 2.151% 11/09/2020$224,157
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$212,316
NCUA GUARANTEED NOTES TRUST 2010-R1 0.981% 10/07/2020$210,650
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$202,212
TSMC GLOBAL LTD 1.625% 04/03/2018$199,817
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$190,499
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$189,775
APPLE INC 1.7% 02/22/2019$180,134
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$171,152
CHEVRON CORP 1.79% 11/16/2018$170,306
WHIRLPOOL CORP 1.65% 11/01/2017$170,000
FORTIVE CORP 1.8% 06/15/2019$169,418
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$162,209
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$150,213
SYNCHRONY FINANCIAL 2.111% 02/03/2020$141,796
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$139,803
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$125,973
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$123,659
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.584% 10/25/2023$119,440
IAC/INTERACTIVECORP 4.875% 11/30/2018$119,351
AT&T INC 5.5% 02/01/2018$111,050
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$110,706
KINDER MORGAN INC/DE 2% 12/01/2017$110,017
GSAMP TRUST 2004-SEA2 1.242% 03/25/2034$70,746
SOUTHERN POWER CO 1.85% 12/01/2017$70,021
JOHNSON CONTROLS INTERNATIONAL PLC 1.4% 11/02/2017$70,000
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.834% 10/25/2028$62,825
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,065
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.784% 07/25/2024$37,125
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.042% 11/25/2023$35,835
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$8,337
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$22,007,996
FIDELITY INSTITUTIONAL MONEY MARKET$5,399,681
 
Other
Holding NameMarket Value
EMIN RUSSELL 2000 EQUITY INDEX DEC17 (RTYZ7)$19,815,601
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$74,106
EURO-BOBL FUTURE BOND DEC17 (OEZ7) COMDTY$-15,681
EURO$-35,697
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$-37,352
USD$-16,608,611
USD$-21,131,707
All Holdings As of Sep 30, 2017
Equity
Holding NameMarket Value
HUBSPOT INC$2,522,341
2U INC$2,372,061
INSULET CORP$2,364,034
CLEAN HARBORS INC$2,331,334
ENTEGRIS INC$2,299,749
FERRO CORP$2,253,348
STERLING BANCORP/DE$2,247,217
PS BUSINESS PARKS INC$2,142,675
MB FINANCIAL INC$2,139,350
NEW YORK TIMES CO/THE$2,130,932
FCB FINANCIAL HOLDINGS INC$2,093,902
VONAGE HOLDINGS CORP$2,073,836
NU SKIN ENTERPRISES INC$2,050,604
REXFORD INDUSTRIAL REALTY INC$2,045,958
LASALLE HOTEL PROPERTIES$2,027,424
MGIC INVESTMENT CORP$2,013,170
AIR LEASE CORP$2,009,149
TIMKEN CO/THE$1,989,967
HAEMONETICS CORP$1,985,946
KIRBY CORP$1,978,434
BROADSOFT INC$1,968,943
TEXAS CAPITAL BANCSHARES INC$1,934,876
DECKERS OUTDOOR CORP$1,931,488
MOLINA HEALTHCARE INC$1,919,642
POLYONE CORP$1,894,940
DELEK US HOLDINGS INC$1,887,780
LIFE STORAGE INC$1,860,196
METHANEX CORP$1,851,040
PATTERN ENERGY GROUP INC$1,837,601
CHART INDUSTRIES INC$1,835,964
TRI POINTE GROUP INC$1,827,754
LIFEPOINT HEALTH INC$1,827,208
FIRSTCASH INC$1,825,351
TENNECO INC$1,816,278
BLACK HILLS CORP$1,812,658
STATE BANK FINANCIAL CORP$1,806,812
MFA FINANCIAL INC$1,805,489
AMERIS BANCORP$1,803,360
PERFORMANCE FOOD GROUP CO$1,799,101
JOHN BEAN TECHNOLOGIES CORP$1,798,064
SANDERSON FARMS INC$1,794,164
SYNERGY RESOURCES CORP$1,776,756
WATTS WATER TECHNOLOGIES INC$1,745,847
MOMENTA PHARMACEUTICALS INC$1,741,239
REDWOOD TRUST INC$1,738,909
OUTFRONT MEDIA INC$1,714,129
CHICOS FAS INC$1,707,535
GATX CORP$1,707,428
EHEALTH INC$1,699,033
CAVIUM INC$1,698,483
WERNER ENTERPRISES INC$1,689,889
TRINET GROUP INC$1,682,412
ADVANCED DRAINAGE SYSTEMS INC$1,658,435
LINDBLAD EXPEDITIONS HOLDINGS INC$1,655,814
PACIFIC PREMIER BANCORP INC$1,649,373
CIENA CORP$1,649,090
TELEDYNE TECHNOLOGIES INC$1,639,076
ASSURED GUARANTY LTD$1,629,705
SOUTH STATE CORP$1,627,204
CALLIDUS SOFTWARE INC$1,616,153
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$1,599,062
MASONITE INTERNATIONAL CORP$1,569,456
MINERALS TECHNOLOGIES INC$1,555,784
BLOOMIN BRANDS INC$1,553,957
ACUSHNET HOLDINGS CORP$1,542,296
KEMPER CORP$1,496,879
POTLATCH CORP$1,483,233
WESTERN ALLIANCE BANCORP$1,468,193
GLOBUS MEDICAL INC$1,441,093
HORACE MANN EDUCATORS CORP$1,418,410
FIRST SOLAR INC$1,406,543
GRAPHIC PACKAGING HOLDING CO$1,406,174
CALLON PETROLEUM CO$1,405,528
WABASH NATIONAL CORP$1,401,353
ESTERLINE TECHNOLOGIES CORP$1,379,295
KINDRED HEALTHCARE INC$1,369,221
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,348,962
LA-Z-BOY INC$1,337,710
ORION ENGINEERED CARBONS SA$1,333,530
SOLAR CAPITAL LTD$1,265,572
KENNEDY-WILSON HOLDINGS INC$1,262,736
CARDTRONICS PLC$1,213,478
HMS HOLDINGS CORP$1,193,586
VERIFONE SYSTEMS INC$1,137,688
ZENDESK INC$1,107,286
CINEMARK HOLDINGS INC$1,056,101
BLUEPRINT MEDICINES CORP$1,000,252
COOPER TIRE & RUBBER CO$979,880
ACACIA COMMUNICATIONS INC$942,000
MIMEDX GROUP INC$909,865
BLUEBIRD BIO INC$881,924
OCLARO INC$830,206
SPIRIT AIRLINES INC$816,841
BANC OF CALIFORNIA INC$805,183
DERMIRA INC$788,400
JAMES RIVER GROUP HOLDINGS LTD$771,528
TELADOC INC$771,434
ADURO BIOTECH INC$730,515
CLOUDERA INC$726,294
PRA GROUP INC$704,790
GLAUKOS CORP$676,500
CHEESECAKE FACTORY INC/THE$572,074
ULTRAGENYX PHARMACEUTICAL INC$531,482
CARPENTER TECHNOLOGY CORP$446,679
RAMBUS INC$413,850
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$32,035,757
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/2019$12,129,567
UNITED STATES TREASURY NOTE/BOND 1.375% 09/30/2019$11,691,661
UNITED STATES TREASURY NOTE/BOND 1.375% 09/15/2020$8,511,583
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$8,314,640
UNITED STATES TREASURY NOTE/BOND 1.5% 06/15/2020$5,089,441
BPCE SA 2.082% 05/31/2022$3,685,016
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$3,615,020
DOMINOS PIZZA MASTER ISSUER LLC 2.486% 07/25/2047$3,598,699
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$3,319,543
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$3,222,021
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.97% 08/25/2029$3,151,382
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$2,988,716
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$2,933,209
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$2,808,895
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$2,611,691
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$2,610,046
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$2,607,357
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,541,192
ABN AMRO BANK NV 2.1% 01/18/2019$2,485,068
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,484,425
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$2,444,072
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$2,426,451
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$2,342,980
COLONY STARWOOD HOMES 2016-2 TRUST 2.022% 12/17/2033$2,315,738
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$2,284,045
WELLS FARGO & CO 1.964% 02/11/2022$2,120,516
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$2,047,374
KUBOTA CREDIT OWNER TRUST 2017-1 2.36% 08/16/2021$2,036,224
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$2,034,910
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$2,023,017
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.465% 05/01/2042$1,962,457
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$1,956,467
SOFI CONSUMER LOAN PROGRAM 2017-5 LLC 2.14% 09/25/2026$1,940,065
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$1,930,863
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$1,926,192
VERIZON COMMUNICATIONS INC 4.5% 09/15/2020$1,921,704
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 0% 03/25/2030$1,895,610
ING BANK NV 2% 11/26/2018$1,888,351
WESTPAC BANKING CORP 2.15% 03/06/2020$1,867,020
BECTON DICKINSON AND CO 2.346% 06/06/2022$1,856,243
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$1,852,087
PRESTIGE AUTO RECEIVABLES TRUST 2016-1 1.99% 06/15/2020$1,843,528
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$1,839,441
MITSUBISHI UFJ FINANCIAL GROUP INC 1.97% 02/22/2022$1,833,619
SEQUOIA MORTGAGE TRUST 2017-CH1 3.5% 10/25/2047$1,831,388
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$1,830,329
DNB BANK ASA 2.125% 10/02/2020$1,824,706
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,816,400
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$1,816,078
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$1,810,548
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.4% 02/21/2020$1,807,434
ENLINK MIDSTREAM PARTNERS LP 2.7% 04/01/2019$1,805,787
GOLDMAN SACHS GROUP INC/THE 2.6% 12/27/2020$1,805,447
ATHENE GLOBAL FUNDING 2.529% 07/01/2022$1,803,088
CENOVUS ENERGY INC 5.7% 10/15/2019$1,802,358
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$1,798,168
BAT CAPITAL CORP 2.297% 08/14/2020$1,796,956
GENERAL MOTORS FINANCIAL CO INC 2.085% 04/13/2020$1,784,978
BANK OF AMERICA CORP 2.153% 04/24/2023$1,781,367
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$1,774,138
DXC TECHNOLOGY CO 2.264% 03/01/2021$1,741,803
KINDER MORGAN INC/DE 3.05% 12/01/2019$1,731,610
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$1,706,799
ARES CAPITAL CORP 3.625% 01/19/2022$1,706,231
HUSKY ENERGY INC 7.25% 12/15/2019$1,659,332
GOSFORTH FUNDING 2017-1 PLC 1.787% 12/19/2059$1,641,240
IBM CREDIT LLC 1.625% 09/06/2019$1,634,209
BANK OF AMERICA CORP 2.6% 01/15/2019$1,613,440
MORGAN STANLEY 2.243% 07/22/2022$1,571,788
CITIBANK NA 2% 03/20/2019$1,555,475
HSBC USA INC 2.375% 11/13/2019$1,511,144
JPMORGAN CHASE & CO 6.3% 04/23/2019$1,494,241
JPMORGAN CHASE & CO 1% 06/01/2021$1,493,302
BECTON DICKINSON AND CO 2.133% 06/06/2019$1,489,698
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$1,483,788
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$1,464,780
MORGAN STANLEY 2.21% 01/20/2022$1,455,879
SMITHFIELD FOODS INC 2.7% 01/31/2020$1,415,927
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.678% 07/25/2028$1,405,659
NEWELL BRANDS INC 2.15% 10/15/2018$1,405,639
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$1,404,653
ACTAVIS FUNDING SCS 3% 03/12/2020$1,384,143
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$1,347,485
CARDINAL HEALTH INC 1.95% 06/15/2018$1,302,134
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,293,594
CITIGROUP INC 2.45% 01/10/2020$1,280,761
AMGEN INC 1.9% 05/10/2019$1,267,443
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2.05% 09/23/2019$1,252,052
ABN AMRO BANK NV 2.5% 10/30/2018$1,250,376
CITIBANK NA 1.85% 09/18/2019$1,224,956
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,222,949
MORGAN STANLEY 2.026% 01/27/2020$1,218,921
WELLS FARGO BANK NA 1.8% 11/28/2018$1,216,664
WESTPAC BANKING CORP 1.6% 08/19/2019$1,214,804
HYUNDAI CAPITAL AMERICA 2.4% 10/30/2018$1,201,660
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$1,200,838
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$1,191,542
PFIZER INC 1.45% 06/03/2019$1,186,474
BANK OF AMERICA CORP 2.369% 07/21/2021$1,185,887
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,182,402
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$1,180,363
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$1,163,082
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$1,161,618
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,147,524
CK HUTCHISON INTERNATIONAL 17 II LTD 2.25% 09/29/2020$1,137,314
CAPITAL ONE BANK USA NA 2.25% 02/13/2019$1,128,594
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,111,186
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$1,109,046
MOODYS CORP 5.5% 09/01/2020$1,092,819
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$1,077,813
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$1,027,106
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$1,023,126
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,004,163
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,003,265
UBS AG/LONDON 2.2% 06/08/2020$997,519
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$995,858
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$992,206
FIRST INVESTORS AUTO OWNER TRUST 2017-1 2.2% 03/15/2022$990,256
GENERAL MOTORS FINANCIAL CO INC 2.606% 06/30/2022$988,613
CITIGROUP INC 2.5% 09/26/2018$981,723
INVITATION HOMES 2015-SFR2 TRUST 1.888% 06/17/2032$979,875
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$974,669
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$962,887
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$954,683
ENBRIDGE ENERGY PARTNERS LP 4.375% 10/15/2020$946,646
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$938,281
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$936,446
HEWLETT PACKARD ENTERPRISE CO 2.1% 10/04/2019$935,774
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$930,398
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$924,491
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$916,152
TECH DATA CORP 3.7% 02/15/2022$908,446
AT&T INC 2.3% 03/11/2019$905,012
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 2.3% 03/10/2019$904,433
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$898,836
MOLSON COORS BREWING CO 1.9% 03/15/2019$894,043
ING GROEP NV 2.302% 03/29/2022$886,053
GOLDMAN SACHS GROUP INC/THE 5.375% 03/15/2020$859,713
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$858,196
BANK OF AMERICA CORP 2.328% 10/01/2021$848,834
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$833,812
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$825,543
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$816,511
PACCAR FINANCIAL CORP 1.3% 05/10/2019$814,620
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$811,533
KINDER MORGAN INC/DE 2.589% 01/15/2023$806,858
CITIGROUP INC 2.262% 07/24/2023$802,507
SUNOCO LOGISTICS PARTNERS OPERATIONS LP 5.5% 02/15/2020$802,431
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$780,408
VULCAN MATERIALS CO 1.846% 06/15/2020$775,779
VIASAT INC 5.625% 09/15/2025$773,645
ROYAL BANK OF CANADA 1.625% 04/15/2019$772,777
NOKIA OYJ 3.375% 06/12/2022$763,494
SLM CORP 5.125% 04/05/2022$746,750
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$741,321
INVITATION HOMES 2014-SFR2 TRUST 1.65% 09/17/2031$733,251
CISCO SYSTEMS INC 1.4% 09/20/2019$731,525
LENNAR CORP 4.125% 01/15/2022$725,375
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$720,192
CHEVRON CORP 1.686% 02/28/2019$710,365
PHILLIPS 66 1.906% 04/15/2020$706,070
FORD MOTOR CREDIT CO LLC 2.551% 10/05/2018$695,636
VMWARE INC 2.3% 08/21/2020$692,501
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$691,900
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$682,519
SUNTORY HOLDINGS LTD 2.55% 09/29/2019$681,141
CARDINAL HEALTH INC 1.948% 06/14/2019$680,553
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$677,593
REYNOLDS AMERICAN INC 2.3% 06/12/2018$663,014
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$650,401
GOLDMAN SACHS GROUP INC/THE 2.006% 11/15/2018$640,994
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$640,784
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$628,987
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$624,695
MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV 1.625% 10/28/2019$620,528
MCLAREN FINANCE PLC 5.75% 08/01/2022$619,800
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$618,388
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$610,289
MIZUHO BANK LTD 2.4% 03/26/2020$607,212
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$606,970
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$604,777
DELTA AIR LINES INC 2.875% 03/13/2020$602,045
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$601,323
NISSAN MOTOR ACCEPTANCE CORP 2.15% 09/28/2020$595,528
MORGAN STANLEY 2.45% 02/01/2019$594,312
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$591,587
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$591,273
QUALCOMM INC 1.85% 05/20/2019$571,762
SMITHFIELD FOODS INC 2.65% 10/03/2021$569,750
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$562,681
DOMINION ENERGY INC 1.771% 06/01/2019$547,142
GILEAD SCIENCES INC 1.85% 09/20/2019$545,587
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$544,793
SUMITOMO MITSUI TRUST BANK LTD 1.95% 09/19/2019$543,566
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$538,020
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$535,948
PNC BANK NA 1.95% 03/04/2019$531,521
BP CAPITAL MARKETS PLC 1.768% 09/19/2019$530,370
ENSTAR GROUP LTD 4.5% 03/10/2022$528,131
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$515,973
MYLAN NV 2.5% 06/07/2019$512,222
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$505,781
CHENIERE ENERGY PARTNERS LP 5.25% 10/01/2025$492,000
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$490,678
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$484,975
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$481,032
STANDARD CHARTERED PLC 2.1% 08/19/2019$479,644
SEAGATE HDD CAYMAN 4.25% 03/01/2022$477,789
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.184% 01/25/2024$469,230
MOODYS CORP 2.75% 12/15/2021$469,104
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$466,375
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$462,280
EQT CORP 2.5% 10/01/2020$462,034
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$439,881
PITNEY BOWES INC 3.625% 09/15/2020$431,207
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$430,765
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$430,208
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$428,450
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$428,400
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$427,404
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$422,335
CITIGROUP INC 2.05% 12/07/2018$410,711
NVIDIA CORP 2.2% 09/16/2021$408,336
ONEOK INC 4.25% 02/01/2022$406,306
DOMINION ENERGY INC 2.579% 07/01/2020$403,604
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$400,490
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$380,459
CBOE HOLDINGS INC 1.95% 06/28/2019$379,781
BMW US CAPITAL LLC 1.5% 04/11/2019$368,988
COLONY AMERICAN HOMES 2014-2 1.474% 07/17/2031$363,137
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$363,015
SEAGATE HDD CAYMAN 3.75% 11/15/2018$356,340
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.742% 09/25/2028$352,084
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$351,200
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$335,016
GLENCORE FUNDING LLC 2.24% 01/15/2019$333,590
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$321,311
CITIGROUP INC 2.05% 06/07/2019$320,378
ACTAVIS FUNDING SCS 2.1% 03/12/2020$315,883
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$312,263
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$310,185
CISCO SYSTEMS INC 1.6% 02/28/2019$309,855
SANTANDER UK PLC 2.5% 03/14/2019$307,836
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$298,974
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,472
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$285,444
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$279,465
PITNEY BOWES INC 4.7% 04/01/2023$275,649
COLONY AMERICAN HOMES 2014-1 1.7% 05/17/2031$274,844
ISTAR INC 4.625% 09/15/2020$261,375
EXXON MOBIL CORP 1.708% 03/01/2019$260,275
DXC TECHNOLOGY CO 2.875% 03/27/2020$253,485
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.422% 01/26/2026$253,321
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,003
STRYKER CORP 2% 03/08/2019$250,615
BANCO DE CREDITO DEL PERU/PANAMA 2.25% 10/25/2019$240,840
EBAY INC 2.5% 03/09/2018$230,916
BANK OF AMERICA CORP 2.151% 11/09/2020$224,468
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$216,563
NCUA GUARANTEED NOTES TRUST 2010-R1 0.981% 10/07/2020$216,503
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$202,595
TSMC GLOBAL LTD 1.625% 04/03/2018$199,686
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$190,900
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$189,960
APPLE INC 1.7% 02/22/2019$180,469
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$171,278
CHEVRON CORP 1.79% 11/16/2018$170,347
WHIRLPOOL CORP 1.65% 11/01/2017$170,010
FORTIVE CORP 1.8% 06/15/2019$169,914
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$162,368
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$150,233
SYNCHRONY FINANCIAL 2.111% 02/03/2020$141,445
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$139,986
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.584% 10/25/2023$131,575
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$128,646
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$125,750
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$123,858
IAC/INTERACTIVECORP 4.875% 11/30/2018$119,595
AT&T INC 5.5% 02/01/2018$111,406
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$110,850
KINDER MORGAN INC/DE 2% 12/01/2017$110,041
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.834% 10/25/2028$100,553
GSAMP TRUST 2004-SEA2 1.242% 03/25/2034$75,187
SOUTHERN POWER CO 1.85% 12/01/2017$70,030
JOHNSON CONTROLS INTERNATIONAL PLC 1.4% 11/02/2017$69,925
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.784% 07/25/2024$69,281
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$51,419
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,053
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.042% 11/25/2023$45,445
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$17,222
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$9,550,971
BLACKROCK TEMP FUND$9,550,971
 
Other
Holding NameMarket Value
EMIN RUSSELL 2000 EQUITY INDEX DEC17 (RTYZ7)$17,410,379
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$53,169
USD$39,411
EURO-BOBL FUTURE BOND DEC17 (OEZ7) COMDTY$33,942
EURO$-206
CURRENCY CONTRACT$-11,706
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$-22,571
CURRENCY CONTRACT$-59,787
USD$-16,223,600
All Holdings As of Aug 31, 2017
Equity
Holding NameMarket Value
INSULET CORP$2,747,399
CLEAN HARBORS INC$2,224,019
HUBSPOT INC$2,201,234
PS BUSINESS PARKS INC$2,168,516
BROADSOFT INC$2,157,605
REXFORD INDUSTRIAL REALTY INC$2,148,184
2U INC$2,120,633
VONAGE HOLDINGS CORP$2,114,599
WESTERN ALLIANCE BANCORP$2,062,267
STERLING BANCORP/DE$2,046,654
NU SKIN ENTERPRISES INC$2,028,924
ENTEGRIS INC$2,028,721
NEW YORK TIMES CO/THE$2,027,647
LASALLE HOTEL PROPERTIES$1,982,712
TELEDYNE TECHNOLOGIES INC$1,950,330
FERRO CORP$1,947,176
AIR LEASE CORP$1,915,810
PATTERN ENERGY GROUP INC$1,915,375
HAEMONETICS CORP$1,904,065
WERNER ENTERPRISES INC$1,891,169
FCB FINANCIAL HOLDINGS INC$1,890,147
MB FINANCIAL INC$1,889,870
METHANEX CORP$1,880,480
KIRBY CORP$1,877,937
EHEALTH INC$1,853,025
BLACK HILLS CORP$1,852,402
TRINET GROUP INC$1,852,315
MGIC INVESTMENT CORP$1,839,649
TIMKEN CO/THE$1,838,312
ASSURED GUARANTY LTD$1,836,494
LIFEPOINT HEALTH INC$1,828,786
MIMEDX GROUP INC$1,818,791
MFA FINANCIAL INC$1,809,611
DECKERS OUTDOOR CORP$1,804,153
MOLINA HEALTHCARE INC$1,786,752
REDWOOD TRUST INC$1,780,540
PERFORMANCE FOOD GROUP CO$1,770,443
KEMPER CORP$1,768,755
DELEK US HOLDINGS INC$1,745,825
LINDBLAD EXPEDITIONS HOLDINGS INC$1,720,809
POLYONE CORP$1,710,795
FIRSTCASH INC$1,696,724
STATE BANK FINANCIAL CORP$1,694,557
CALLIDUS SOFTWARE INC$1,688,273
TRI POINTE GROUP INC$1,686,139
GATX CORP$1,680,247
TEXAS CAPITAL BANCSHARES INC$1,674,412
LIFE STORAGE INC$1,673,289
AMERIS BANCORP$1,654,959
SANDERSON FARMS INC$1,638,652
KINDRED HEALTHCARE INC$1,630,984
CAVIUM INC$1,630,739
TENNECO INC$1,622,585
CIENA CORP$1,622,068
ADVANCED DRAINAGE SYSTEMS INC$1,592,916
MOMENTA PHARMACEUTICALS INC$1,585,939
CHART INDUSTRIES INC$1,579,032
JOHN BEAN TECHNOLOGIES CORP$1,577,530
WATTS WATER TECHNOLOGIES INC$1,556,629
PACIFIC PREMIER BANCORP INC$1,546,697
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$1,522,291
BLOOMIN BRANDS INC$1,501,864
OUTFRONT MEDIA INC$1,497,650
SOUTH STATE CORP$1,486,258
GLOBUS MEDICAL INC$1,465,822
CHICOS FAS INC$1,465,236
SYNERGY RESOURCES CORP$1,449,701
FIRST SOLAR INC$1,439,653
MASONITE INTERNATIONAL CORP$1,435,644
MINERALS TECHNOLOGIES INC$1,409,344
POTLATCH CORP$1,390,167
ACUSHNET HOLDINGS CORP$1,383,278
GRAPHIC PACKAGING HOLDING CO$1,315,453
KENNEDY-WILSON HOLDINGS INC$1,313,790
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,313,328
CALLON PETROLEUM CO$1,295,487
WABASH NATIONAL CORP$1,290,817
ORION ENGINEERED CARBONS SA$1,277,100
HORACE MANN EDUCATORS CORP$1,267,017
SOLAR CAPITAL LTD$1,249,782
LA-Z-BOY INC$1,186,037
CARDTRONICS PLC$1,143,224
VERIFONE SYSTEMS INC$1,109,077
BLUEBIRD BIO INC$1,076,332
ZENDESK INC$1,042,241
ACACIA COMMUNICATIONS INC$976,600
CINEMARK HOLDINGS INC$970,936
COOPER TIRE & RUBBER CO$880,320
ADURO BIOTECH INC$833,405
BLUEPRINT MEDICINES CORP$832,657
SPIRIT AIRLINES INC$832,488
OCLARO INC$809,042
TELADOC INC$780,742
GLAUKOS CORP$773,875
JAMES RIVER GROUP HOLDINGS LTD$741,768
BANC OF CALIFORNIA INC$719,814
DERMIRA INC$688,828
ULTRAGENYX PHARMACEUTICAL INC$569,402
CHEESECAKE FACTORY INC/THE$562,702
MBIA INC$335,219
CLOUDERA INC$304,580
ESTERLINE TECHNOLOGIES CORP$222,040
NATIONAL CINEMEDIA INC$217,152
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$32,105,447
UNITED STATES TREASURY NOTE/BOND 0.75% 07/15/2019$11,592,359
UNITED STATES TREASURY NOTE/BOND 1.25% 04/30/2019$9,091,469
UNITED STATES TREASURY NOTE/BOND 1.5% 06/15/2020$5,113,148
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$4,331,479
BPCE SA 2.082% 05/31/2022$3,674,078
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$3,626,927
DOMINOS PIZZA MASTER ISSUER LLC 0% 07/25/2047$3,605,114
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$3,391,561
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$3,311,881
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.97% 08/25/2029$3,173,075
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$3,055,828
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$2,937,051
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$2,814,911
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$2,678,144
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-2 1.6% 04/15/2021$2,666,673
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$2,619,538
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$2,613,560
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,539,400
ABN AMRO BANK NV 2.1% 01/18/2019$2,489,456
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,487,988
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$2,463,206
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$2,431,245
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$2,348,272
COLONY STARWOOD HOMES 2016-2 TRUST 2.022% 12/17/2033$2,318,528
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$2,289,730
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$2,278,245
WELLS FARGO & CO 1.964% 02/11/2022$2,116,639
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$2,049,830
KUBOTA CREDIT OWNER TRUST 2017-1 2.36% 08/16/2021$2,045,631
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.465% 05/01/2042$2,041,034
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$2,038,918
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$2,019,114
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$1,963,881
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$1,927,442
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$1,923,081
VERIZON COMMUNICATIONS INC 4.5% 09/15/2020$1,921,499
ING BANK NV 2% 11/26/2018$1,891,191
WESTPAC BANKING CORP 2.15% 03/06/2020$1,875,263
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$1,860,715
BECTON DICKINSON AND CO 0% 06/06/2022$1,852,546
PRESTIGE AUTO RECEIVABLES TRUST 2016-1 1.99% 06/15/2020$1,844,619
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$1,838,192
MITSUBISHI UFJ FINANCIAL GROUP INC 1.97% 02/22/2022$1,834,576
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$1,830,920
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,821,231
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$1,819,936
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.4% 02/21/2020$1,815,083
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$1,812,387
GOLDMAN SACHS GROUP INC/THE 2.6% 12/27/2020$1,808,420
ENLINK MIDSTREAM PARTNERS LP 2.7% 04/01/2019$1,803,131
BAT CAPITAL CORP 2.297% 08/14/2020$1,799,425
ATHENE GLOBAL FUNDING 0% 07/01/2022$1,798,652
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$1,796,744
CENOVUS ENERGY INC 5.7% 10/15/2019$1,787,759
GENERAL MOTORS FINANCIAL CO INC 2.085% 04/13/2020$1,783,834
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$1,773,891
BANK OF AMERICA CORP 2.153% 04/24/2023$1,772,413
DXC TECHNOLOGY CO 2.264% 03/01/2021$1,736,125
KINDER MORGAN INC/DE 3.05% 12/01/2019$1,727,967
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$1,711,672
ARES CAPITAL CORP 3.625% 01/19/2022$1,705,558
HUSKY ENERGY INC 7.25% 12/15/2019$1,665,350
BANK OF AMERICA CORP 2.6% 01/15/2019$1,616,782
MORGAN STANLEY 2.243% 07/22/2022$1,568,875
CITIBANK NA 2% 03/20/2019$1,558,113
HSBC USA INC 2.375% 11/13/2019$1,515,586
JPMORGAN CHASE & CO 6.3% 04/23/2019$1,501,577
BECTON DICKINSON AND CO 2.133% 06/06/2019$1,491,052
JPMORGAN CHASE & CO 1% 06/01/2021$1,490,768
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$1,481,720
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$1,468,693
MORGAN STANLEY 2.21% 01/20/2022$1,453,637
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$1,425,891
SMITHFIELD FOODS INC 2.7% 01/31/2020$1,421,318
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.678% 07/25/2028$1,409,702
NEWELL BRANDS INC 2.15% 10/15/2018$1,405,504
ACTAVIS FUNDING SCS 3% 03/12/2020$1,383,546
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$1,352,030
CARDINAL HEALTH INC 1.95% 06/15/2018$1,303,701
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,295,951
CITIGROUP INC 2.45% 01/10/2020$1,281,756
AMGEN INC 1.9% 05/10/2019$1,266,877
PRUDENTIAL FINANCIAL INC 1.686% 08/15/2018$1,258,019
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2.05% 09/23/2019$1,256,319
BB&T CORP 1.546% 02/01/2019$1,254,277
ABN AMRO BANK NV 2.5% 10/30/2018$1,251,139
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,225,165
MORGAN STANLEY 2.026% 01/27/2020$1,220,117
WELLS FARGO BANK NA 1.8% 11/28/2018$1,217,253
WESTPAC BANKING CORP 1.6% 08/19/2019$1,215,852
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$1,200,043
HYUNDAI CAPITAL AMERICA 2.4% 10/30/2018$1,199,329
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$1,192,295
BANK OF AMERICA CORP 2.369% 07/21/2021$1,189,009
PFIZER INC 1.45% 06/03/2019$1,188,664
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,178,932
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$1,178,729
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$1,166,113
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$1,164,906
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,150,560
CAPITAL ONE BANK USA NA 2.25% 02/13/2019$1,129,577
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$1,126,969
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,111,796
MOODYS CORP 5.5% 09/01/2020$1,098,856
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$1,081,543
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$1,071,752
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$1,027,837
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$1,024,153
FIFTH THIRD BANK/CINCINNATI OH 1.821% 08/20/2018$1,006,660
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,005,959
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,005,009
UBS AG/LONDON 2.2% 06/08/2020$999,853
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$999,713
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$994,155
FIRST INVESTORS AUTO OWNER TRUST 2017-1 2.2% 03/15/2022$993,597
GENERAL MOTORS FINANCIAL CO INC 2.606% 06/30/2022$985,518
CITIGROUP INC 2.5% 09/26/2018$982,478
INVITATION HOMES 2015-SFR2 TRUST 1.888% 06/17/2032$976,517
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$976,380
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$963,372
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$955,332
ENBRIDGE ENERGY PARTNERS LP 4.375% 10/15/2020$948,099
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$939,067
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$938,361
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$933,125
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$925,053
TECH DATA CORP 3.7% 02/15/2022$921,358
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$917,603
AT&T INC 2.3% 03/11/2019$906,114
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 2.3% 03/10/2019$905,068
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$901,031
MOLSON COORS BREWING CO 1.9% 03/15/2019$894,489
ING GROEP NV 2.302% 03/29/2022$884,024
GOLDMAN SACHS GROUP INC/THE 5.375% 03/15/2020$864,119
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$863,358
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$834,598
KRAFT HEINZ FOODS CO 2% 07/02/2018$832,164
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$825,504
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$819,128
PACCAR FINANCIAL CORP 1.3% 05/10/2019$816,035
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$812,158
KINDER MORGAN INC/DE 2.589% 01/15/2023$808,317
SUNOCO LOGISTICS PARTNERS OPERATIONS LP 5.5% 02/15/2020$801,884
CITIGROUP INC 2.262% 07/24/2023$798,886
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$781,624
VULCAN MATERIALS CO 1.846% 06/15/2020$774,910
ROYAL BANK OF CANADA 1.625% 04/15/2019$773,556
NOKIA OYJ 3.375% 06/12/2022$764,438
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$747,382
SLM CORP 5.125% 04/05/2022$741,313
INVITATION HOMES 2014-SFR2 TRUST 1.65% 09/17/2031$734,487
CISCO SYSTEMS INC 1.4% 09/20/2019$732,678
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$726,096
LENNAR CORP 4.125% 01/15/2022$723,625
CHEVRON CORP 1.686% 02/28/2019$712,172
PHILLIPS 66 1.906% 04/15/2020$705,406
FORD MOTOR CREDIT CO LLC 2.551% 10/05/2018$695,877
VMWARE INC 2.3% 08/21/2020$692,505
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$691,696
CARDINAL HEALTH INC 1.948% 06/14/2019$681,560
SUNTORY HOLDINGS LTD 2.55% 09/29/2019$681,371
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$680,270
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$675,114
REYNOLDS AMERICAN INC 2.3% 06/12/2018$662,734
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$650,169
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$641,123
GOLDMAN SACHS GROUP INC/THE 2.006% 11/15/2018$640,931
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$631,231
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$630,804
MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV 1.625% 10/28/2019$620,255
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$618,388
MCLAREN FINANCE PLC 5.75% 08/01/2022$616,500
MIZUHO BANK LTD 2.4% 03/26/2020$610,821
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$610,450
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$607,986
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$606,950
DELTA AIR LINES INC 2.875% 03/13/2020$604,919
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$600,944
MORGAN STANLEY 2.45% 02/01/2019$595,359
BANK OF AMERICA CORP 1.936% 03/22/2018$592,787
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$591,935
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$586,917
QUALCOMM INC 1.85% 05/20/2019$572,611
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$562,862
DOMINION ENERGY INC 1.771% 06/01/2019$547,290
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$544,832
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$540,120
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$539,562
ENSTAR GROUP LTD 4.5% 03/10/2022$532,001
PNC BANK NA 1.95% 03/04/2019$531,783
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$517,548
MYLAN NV 2.5% 06/07/2019$511,880
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$511,565
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.184% 01/25/2024$496,159
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$493,148
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$491,696
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$485,737
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$481,477
STANDARD CHARTERED PLC 2.1% 08/19/2019$480,273
SEAGATE HDD CAYMAN 4.25% 03/01/2022$473,282
MOODYS CORP 2.75% 12/15/2021$473,120
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$467,496
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$460,845
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$457,775
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$439,978
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$431,597
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$428,355
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$423,838
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$422,879
CITIGROUP INC 2.05% 12/07/2018$411,450
NVIDIA CORP 2.2% 09/16/2021$410,998
ONEOK INC 4.25% 02/01/2022$407,761
DOMINION ENERGY INC 2.579% 07/01/2020$404,100
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$402,184
CBOE HOLDINGS INC 1.95% 06/28/2019$380,323
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$380,261
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.742% 09/25/2028$377,650
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$373,190
BMW US CAPITAL LLC 1.5% 04/11/2019$369,224
COLONY AMERICAN HOMES 2014-2 1.474% 07/17/2031$365,022
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$363,733
SEAGATE HDD CAYMAN 3.75% 11/15/2018$356,081
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$351,637
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$335,232
GLENCORE FUNDING LLC 2.24% 01/15/2019$333,712
CITIGROUP INC 2.05% 06/07/2019$320,809
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$317,286
ACTAVIS FUNDING SCS 2.1% 03/12/2020$316,020
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$312,903
CISCO SYSTEMS INC 1.6% 02/28/2019$310,287
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$310,191
SANTANDER UK PLC 2.5% 03/14/2019$308,223
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$299,444
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,554
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$285,844
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$276,378
COLONY AMERICAN HOMES 2014-1 1.7% 05/17/2031$274,983
EXXON MOBIL CORP 1.708% 03/01/2019$260,639
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.422% 01/26/2026$255,954
DXC TECHNOLOGY CO 2.875% 03/27/2020$254,425
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,331
STRYKER CORP 2% 03/08/2019$250,915
GOLDMAN SACHS GROUP INC/THE 2.087% 04/30/2018$241,524
BANCO DE CREDITO DEL PERU/PANAMA 2.25% 10/25/2019$240,900
EBAY INC 2.5% 03/09/2018$231,084
BANK OF AMERICA CORP 2.151% 11/09/2020$225,335
NCUA GUARANTEED NOTES TRUST 2010-R1 0.981% 10/07/2020$221,796
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$219,177
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$203,385
TSMC GLOBAL LTD 1.625% 04/03/2018$199,810
ALLY FINANCIAL INC 3.25% 09/29/2017$195,205
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$190,838
TECO FINANCE INC 1.476% 04/10/2018$190,270
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$189,822
APPLE INC 1.7% 02/22/2019$180,685
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$171,502
CHEVRON CORP 1.79% 11/16/2018$170,476
WHIRLPOOL CORP 1.65% 11/01/2017$170,014
FORTIVE CORP 1.8% 06/15/2019$169,751
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$162,544
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$150,334
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.834% 10/25/2028$145,162
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.584% 10/25/2023$143,620
SYNCHRONY FINANCIAL 2.111% 02/03/2020$141,591
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$140,525
AES CORP/VA 3.842% 06/01/2019$139,521
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$129,390
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$126,114
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$124,555
IAC/INTERACTIVECORP 4.875% 11/30/2018$119,655
AT&T INC 5.5% 02/01/2018$111,686
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$111,125
KINDER MORGAN INC/DE 2% 12/01/2017$110,065
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.784% 07/25/2024$99,762
GSAMP TRUST 2004-SEA2 1.242% 03/25/2034$86,245
SOUTHERN POWER CO 1.85% 12/01/2017$70,032
JOHNSON CONTROLS INTERNATIONAL PLC 1.4% 11/02/2017$69,857
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$56,904
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.042% 11/25/2023$56,514
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,062
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$25,414
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$7,700,886
FIDELITY INSTITUTIONAL MONEY MARKET$7,700,886
 
Other
Holding NameMarket Value
USD$8,605,563
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$3,632
EURO$-6
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$-13,831
EURO-BOBL FUTURE BOND SEP17 (OEU7) COMDTY$-56,009
CURRENCY CONTRACT$-75,913
USD$-2,032,061
RUSSELL 2000 MINI EQUITY INDEX SEP17 (RTAU7)$-3,126,382
All Holdings As of Jul 31, 2017
Equity
Holding NameMarket Value
INSULET CORP$2,380,669
CLEAN HARBORS INC$2,335,446
2U INC$2,190,474
HUBSPOT INC$2,171,224
VONAGE HOLDINGS CORP$2,161,278
PS BUSINESS PARKS INC$2,158,083
WESTERN ALLIANCE BANCORP$2,154,198
NU SKIN ENTERPRISES INC$2,113,309
STERLING BANCORP/DE$2,105,912
ENTEGRIS INC$2,080,535
NEW YORK TIMES CO/THE$2,065,699
LASALLE HOTEL PROPERTIES$2,063,753
TELEDYNE TECHNOLOGIES INC$2,058,325
FCB FINANCIAL HOLDINGS INC$2,044,047
REXFORD INDUSTRIAL REALTY INC$2,038,809
TRINET GROUP INC$2,031,470
FERRO CORP$1,944,144
MB FINANCIAL INC$1,943,568
ASSURED GUARANTY LTD$1,943,127
CIENA CORP$1,932,821
CALLIDUS SOFTWARE INC$1,923,685
BROADSOFT INC$1,918,113
PATTERN ENERGY GROUP INC$1,913,850
SANDERSON FARMS INC$1,909,996
MGIC INVESTMENT CORP$1,874,996
LIFEPOINT HEALTH INC$1,874,545
AIR LEASE CORP$1,865,841
TIMKEN CO/THE$1,864,954
DELEK US HOLDINGS INC$1,843,993
REDWOOD TRUST INC$1,843,521
PERFORMANCE FOOD GROUP CO$1,834,128
BLACK HILLS CORP$1,833,451
DECKERS OUTDOOR CORP$1,831,257
KIRBY CORP$1,826,939
HAEMONETICS CORP$1,820,414
KINDRED HEALTHCARE INC$1,802,136
TEXAS CAPITAL BANCSHARES INC$1,766,871
MASONITE INTERNATIONAL CORP$1,761,102
TRI POINTE GROUP INC$1,760,255
MFA FINANCIAL INC$1,749,840
CHICO'S FAS INC$1,745,692
POLYONE CORP$1,731,624
STATE BANK FINANCIAL CORP$1,731,134
AMERIS BANCORP$1,720,706
GATX CORP$1,714,917
WERNER ENTERPRISES INC$1,694,053
ADVANCED DRAINAGE SYSTEMS INC$1,683,004
LA-Z-BOY INC$1,680,840
FIRSTCASH INC$1,680,826
MIMEDX GROUP INC$1,672,348
LIFE STORAGE INC$1,660,784
TENNECO INC$1,655,516
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,655,376
JOHN BEAN TECHNOLOGIES CORP$1,643,334
METHANEX CORP$1,630,240
WATTS WATER TECHNOLOGIES INC$1,624,748
MOLINA HEALTHCARE INC$1,604,402
CAVIUM INC$1,595,451
SYNERGY RESOURCES CORP$1,563,619
MINERALS TECHNOLOGIES INC$1,559,087
MOMENTA PHARMACEUTICALS INC$1,557,703
OUTFRONT MEDIA INC$1,556,875
LINDBLAD EXPEDITIONS HOLDINGS INC$1,549,037
BLOOMIN' BRANDS INC$1,538,947
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$1,525,572
SOUTH STATE CORP$1,513,363
FIRST SOLAR INC$1,511,697
KEMPER CORP$1,496,446
GLOBUS MEDICAL INC$1,491,037
CALLON PETROLEUM CO$1,415,532
POTLATCH CORP$1,391,622
CARDTRONICS PLC$1,377,325
KENNEDY-WILSON HOLDINGS INC$1,368,247
ACUSHNET HOLDINGS CORP$1,337,985
GRAPHIC PACKAGING HOLDING CO$1,329,565
EHEALTH INC$1,298,186
SOLAR CAPITAL LTD$1,277,854
ORION ENGINEERED CARBONS SA$1,247,400
PACIFIC PREMIER BANCORP INC$1,190,408
WABASH NATIONAL CORP$1,171,684
CINEMARK HOLDINGS INC$1,134,557
VERIFONE SYSTEMS INC$1,094,491
HORACE MANN EDUCATORS CORP$1,093,605
CHART INDUSTRIES INC$1,009,052
COOPER TIRE & RUBBER CO$957,610
SPIRIT AIRLINES INC$949,844
OCLARO INC$940,836
ADURO BIOTECH INC$881,420
ACACIA COMMUNICATIONS INC$875,400
MBIA INC$863,504
GLAUKOS CORP$823,690
BLUEBIRD BIO INC$812,529
DERMIRA INC$803,876
BLUEPRINT MEDICINES CORP$803,632
BANC OF CALIFORNIA INC$797,422
ZENDESK INC$769,298
TELADOC INC$763,289
JAMES RIVER GROUP HOLDINGS LTD$746,976
ULTRAGENYX PHARMACEUTICAL INC$661,807
CHEESECAKE FACTORY INC/THE$646,232
NATIONAL CINEMEDIA INC$286,994
CLOUDERA INC$70,725
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$32,086,625
UNITED STATES TREASURY NOTE/BOND 1.25% 05/31/2019$15,132,614
UNITED STATES TREASURY NOTE/BOND 0.75% 07/15/2019$11,580,231
UNITED STATES TREASURY NOTE/BOND 1.25% 04/30/2019$8,587,401
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$8,258,759
BPCE SA 2.082% 05/31/2022$3,649,153
DOMINO'S PIZZA MASTER ISSUER LLC 0% 07/25/2047$3,582,693
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$3,490,708
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$3,386,541
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.97% 08/25/2029$3,202,946
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$3,120,468
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$2,936,501
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$2,811,149
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$2,772,702
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-2 1.6% 04/15/2021$2,666,230
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$2,644,587
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,543,761
ABN AMRO BANK NV 2.1% 01/18/2019$2,487,838
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,486,260
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$2,481,585
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$2,429,182
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$2,346,205
COLONY STARWOOD HOMES 2016-2 TRUST 2.022% 12/17/2033$2,321,182
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$2,287,124
WELLS FARGO & CO 1.964% 02/11/2022$2,117,039
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.465% 05/01/2042$2,063,966
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$2,048,382
KUBOTA CREDIT OWNER TRUST 2017-1 2.36% 08/16/2021$2,040,891
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$2,037,402
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$2,017,157
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$1,973,834
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$1,934,566
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$1,925,025
VERIZON COMMUNICATIONS INC 4.5% 09/15/2020$1,915,280
ING BANK NV 2% 11/26/2018$1,891,612
WESTPAC BANKING CORP 2.15% 03/06/2020$1,870,072
BECTON DICKINSON AND CO 0% 06/06/2022$1,858,118
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$1,855,172
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$1,845,243
PRESTIGE AUTO RECEIVABLES TRUST 2016-1 1.99% 06/15/2020$1,844,889
MITSUBISHI UFJ FINANCIAL GROUP INC 1.97% 02/22/2022$1,844,352
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$1,839,583
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$1,827,892
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,823,470
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$1,823,007
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$1,811,763
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.4% 02/21/2020$1,811,320
GOLDMAN SACHS GROUP INC/THE 2.6% 12/27/2020$1,806,355
ENLINK MIDSTREAM PARTNERS LP 2.7% 04/01/2019$1,804,964
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$1,799,660
ATHENE GLOBAL FUNDING 0% 07/01/2022$1,798,100
CENOVUS ENERGY INC 5.7% 10/15/2019$1,794,258
GENERAL MOTORS FINANCIAL CO INC 2.085% 04/13/2020$1,782,847
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$1,775,108
BANK OF AMERICA CORP 2.153% 04/24/2023$1,775,068
KINDER MORGAN INC/DE 3.05% 12/01/2019$1,731,911
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$1,710,096
ARES CAPITAL CORP 3.625% 01/19/2022$1,709,938
HUSKY ENERGY INC 7.25% 12/15/2019$1,678,773
WALT DISNEY CO/THE 1.95% 03/04/2020$1,672,995
VERIZON COMMUNICATIONS INC 2.137% 03/16/2022$1,632,701
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$1,628,702
BANK OF AMERICA CORP 2.6% 01/15/2019$1,616,954
MORGAN STANLEY 2.243% 07/22/2022$1,567,715
CITIBANK NA 2% 03/20/2019$1,558,725
HSBC USA INC 2.375% 11/13/2019$1,516,413
JPMORGAN CHASE & CO 6.3% 04/23/2019$1,505,713
BECTON DICKINSON AND CO 2.133% 06/06/2019$1,492,066
JPMORGAN CHASE & CO 1% 06/01/2021$1,489,948
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$1,485,083
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$1,469,083
MORGAN STANLEY 2.21% 01/20/2022$1,450,042
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$1,448,142
SMITHFIELD FOODS INC 2.7% 01/31/2020$1,420,378
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.678% 07/25/2028$1,416,880
NEWELL BRANDS INC 2.15% 10/15/2018$1,408,737
ACTAVIS FUNDING SCS 3% 03/12/2020$1,387,539
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$1,351,430
CARDINAL HEALTH INC 1.95% 06/15/2018$1,303,553
HSBC USA INC 1.625% 01/16/2018$1,300,606
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,295,120
CITIGROUP INC 2.45% 01/10/2020$1,282,546
AMGEN INC 1.9% 05/10/2019$1,269,954
PRUDENTIAL FINANCIAL INC 1.686% 08/15/2018$1,258,435
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2.05% 09/23/2019$1,254,855
BB&T CORP 1.546% 02/01/2019$1,254,455
ABN AMRO BANK NV 2.5% 10/30/2018$1,251,026
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,223,559
MORGAN STANLEY 2.026% 01/27/2020$1,219,559
WELLS FARGO BANK NA 1.8% 11/28/2018$1,217,564
WESTPAC BANKING CORP 1.6% 08/19/2019$1,213,739
HYUNDAI CAPITAL AMERICA 2.4% 10/30/2018$1,201,419
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$1,200,261
PFIZER INC 1.45% 06/03/2019$1,190,804
BANK OF AMERICA CORP 2.369% 07/21/2021$1,189,477
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$1,189,441
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$1,181,460
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,178,007
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$1,165,657
CELGENE CORP 2.125% 08/15/2018$1,165,571
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$1,165,499
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,152,134
CAPITAL ONE BANK USA NA 2.25% 02/13/2019$1,129,001
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,112,602
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,107,345
BANK OF MONTREAL 1.35% 08/28/2018$1,101,778
MOODY'S CORP 5.5% 09/01/2020$1,099,770
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$1,079,527
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$1,070,824
HYUNDAI CAPITAL AMERICA 2.875% 08/09/2018$1,068,271
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,065,075
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$1,025,431
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$1,022,846
FIFTH THIRD BANK/CINCINNATI OH 1.821% 08/20/2018$1,006,948
HYUNDAI CAPITAL SERVICES INC 3% 03/06/2022$1,005,836
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,005,059
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,000,972
UBS AG/LONDON 2.2% 06/08/2020$1,000,873
FIRST INVESTORS AUTO OWNER TRUST 2017-1 2.2% 03/15/2022$991,984
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$991,846
GENERAL MOTORS FINANCIAL CO INC 2.606% 06/30/2022$986,615
CITIGROUP INC 2.5% 09/26/2018$983,244
INVITATION HOMES 2015-SFR2 TRUST 1.888% 06/17/2032$977,282
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$975,164
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$961,147
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$956,666
ENBRIDGE ENERGY PARTNERS LP 4.375% 10/15/2020$950,033
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$939,861
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$935,223
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$930,221
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$923,663
TECH DATA CORP 3.7% 02/15/2022$920,858
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$918,316
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$916,598
AT&T INC 2.3% 03/11/2019$907,353
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 2.3% 03/10/2019$904,119
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$898,864
MOLSON COORS BREWING CO 1.9% 03/15/2019$895,235
ING GROEP NV 2.302% 03/29/2022$883,895
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$867,477
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$867,393
GOLDMAN SACHS GROUP INC/THE 5.375% 03/15/2020$865,647
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$835,508
KRAFT HEINZ FOODS CO 2% 07/02/2018$832,488
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$820,073
PACCAR FINANCIAL CORP 1.3% 05/10/2019$815,342
VERIZON COMMUNICATIONS INC 2.606% 09/14/2018$814,807
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$813,801
SUNOCO LOGISTICS PARTNERS OPERATIONS LP 5.5% 02/15/2020$803,384
CITIGROUP INC 2.262% 07/24/2023$800,963
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$781,069
VULCAN MATERIALS CO 1.846% 06/15/2020$774,874
ROYAL BANK OF CANADA 1.625% 04/15/2019$773,551
NOKIA OYJ 3.375% 06/12/2022$765,849
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$753,307
SLM CORP 5.125% 04/05/2022$743,125
INVITATION HOMES 2014-SFR2 TRUST 1.65% 09/17/2031$735,767
CISCO SYSTEMS INC 1.4% 09/20/2019$732,327
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$723,938
LENNAR CORP 4.125% 01/15/2022$723,184
CHEVRON CORP 1.686% 02/28/2019$712,021
PHILLIPS 66 1.906% 04/15/2020$706,475
FORD MOTOR CREDIT CO LLC 2.551% 10/05/2018$696,358
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$691,016
CARDINAL HEALTH INC 1.948% 06/14/2019$683,118
SUNTORY HOLDINGS LTD 2.55% 09/29/2019$681,082
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$678,481
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$677,869
REYNOLDS AMERICAN INC 2.3% 06/12/2018$663,260
BPCE SA 2.392% 05/22/2022$658,984
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$650,658
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$641,834
GOLDMAN SACHS GROUP INC/THE 2.006% 11/15/2018$641,666
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$630,526
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$628,024
MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV 1.625% 10/28/2019$620,701
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$619,406
MCLAREN FINANCE PLC 5.75% 08/01/2022$617,100
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$610,849
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$608,717
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$607,315
MIZUHO BANK LTD 2.4% 03/26/2020$606,707
DELTA AIR LINES INC 2.875% 03/13/2020$606,263
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$600,981
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$597,020
MORGAN STANLEY 2.45% 02/01/2019$595,205
BANK OF AMERICA CORP 1.936% 03/22/2018$593,543
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$591,464
QUALCOMM INC 1.85% 05/20/2019$572,566
BANK OF AMERICA NA 2.05% 12/07/2018$568,180
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$562,413
DOMINION ENERGY INC 1.771% 06/01/2019$546,837
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$543,605
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$537,851
PNC BANK NA 1.95% 03/04/2019$531,797
ENSTAR GROUP LTD 4.5% 03/10/2022$528,697
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.184% 01/25/2024$524,997
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$517,132
MYLAN NV 2.5% 06/07/2019$514,469
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$513,577
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$491,407
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$490,563
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$488,191
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$485,912
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$481,605
STANDARD CHARTERED PLC 2.1% 08/19/2019$479,803
SEAGATE HDD CAYMAN 4.25% 03/01/2022$479,489
MOODY'S CORP 2.75% 12/15/2021$470,612
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$466,716
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$460,740
EI DU PONT DE NEMOURS & CO 2.2% 05/01/2020$459,058
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$440,821
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$430,803
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$428,811
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$427,810
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$423,029
CITIGROUP INC 2.05% 12/07/2018$411,727
ONEOK INC 4.25% 02/01/2022$409,257
NVIDIA CORP 2.2% 09/16/2021$408,689
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.742% 09/25/2028$406,354
DOMINION ENERGY INC 2.579% 07/01/2020$404,046
ANZ NEW ZEALAND INT'L LTD/LONDON 2.2% 07/17/2020$401,452
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$389,899
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$384,409
CBOE HOLDINGS INC 1.95% 06/28/2019$380,313
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$380,147
BMW US CAPITAL LLC 1.5% 04/11/2019$369,150
COLONY AMERICAN HOMES 2014-2 1.474% 07/17/2031$365,556
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$363,244
SEAGATE HDD CAYMAN 3.75% 11/15/2018$355,994
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$351,831
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$335,590
GLENCORE FUNDING LLC 2.24% 01/15/2019$333,548
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$322,361
CITIGROUP INC 2.05% 06/07/2019$320,723
ACTAVIS FUNDING SCS 2.1% 03/12/2020$317,565
CREDIT SUISSE AG/NEW YORK NY 1.566% 04/27/2018$316,248
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$312,923
CISCO SYSTEMS INC 1.6% 02/28/2019$310,398
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$310,235
SANTANDER UK PLC 2.5% 03/14/2019$308,047
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$298,972
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,368
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$286,184
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$285,991
COLONY AMERICAN HOMES 2014-1 1.7% 05/17/2031$276,033
EXXON MOBIL CORP 1.708% 03/01/2019$260,677
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.422% 01/26/2026$259,799
AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP 5.5% 05/20/2025$258,825
DXC TECHNOLOGY CO 2.875% 03/27/2020$253,291
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,459
STRYKER CORP 2% 03/08/2019$251,095
COMPASS BANK 1.85% 09/29/2017$250,022
GOLDMAN SACHS GROUP INC/THE 2.087% 04/30/2018$241,696
BANCO DE CREDITO DEL PERU/PANAMA 2.25% 10/25/2019$240,780
EBAY INC 2.5% 03/09/2018$231,277
NCUA GUARANTEED NOTES TRUST 2010-R1 0.981% 10/07/2020$228,902
BANK OF AMERICA CORP 2.151% 11/09/2020$224,957
BAXALTA INC 1.646% 06/22/2018$221,068
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$220,173
NOVELIS CORP 6.25% 08/15/2024$203,813
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$203,023
TSMC GLOBAL LTD 1.625% 04/03/2018$199,934
ALLY FINANCIAL INC 3.25% 09/29/2017$195,400
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$191,017
TECO FINANCE INC 1.476% 04/10/2018$190,420
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$189,950
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.834% 10/25/2028$183,128
APPLE INC 1.7% 02/22/2019$180,723
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$171,349
CHEVRON CORP 1.79% 11/16/2018$170,734
WHIRLPOOL CORP 1.65% 11/01/2017$170,027
FORTIVE CORP 1.8% 06/15/2019$169,013
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$162,940
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.584% 10/25/2023$156,245
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$150,266
SYNCHRONY FINANCIAL 2.111% 02/03/2020$141,603
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$140,138
AES CORP/VA 3.842% 06/01/2019$139,956
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.784% 07/25/2024$133,861
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$132,734
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$126,150
IAC/INTERACTIVECORP 4.875% 11/30/2018$120,398
BAXALTA INC 2% 06/22/2018$120,272
AT&T INC 5.5% 02/01/2018$112,130
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$111,086
KINDER MORGAN INC/DE 2% 12/01/2017$110,112
GSAMP TRUST 2004-SEA2 1.242% 03/25/2034$90,897
SOUTHERN POWER CO 1.85% 12/01/2017$70,070
JOHNSON CONTROLS INTERNATIONAL PLC 1.4% 11/02/2017$69,968
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.042% 11/25/2023$67,339
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$61,719
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,156
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.534% 05/25/2024$26,806
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$5,496,472
FIDELITY INSTITUTIONAL MONEY MARKET$5,496,472
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX SEP17 (RTAU7)$1,874,643
EURO$3,093
US 2YR NOTE (CBT) BOND SEP17 (TUU7) COMDTY$-931
US 5YR NOTE (CBT) BOND SEP17 (FVU7) COMDTY$-4,706
CURRENCY CONTRACT$-68,985
USD$-1,146,835
USD$-3,450,092

Footnotes

1.

Before investing in the Fund you should carefully consider your investment goals, tolerance for risk, investment time horizon, and personal circumstances. There is no guarantee that the Fund will meet its investment objective and you can lose money.

2.

The Fund is an investment option of VantageTrust, a group trust established and maintained by VantageTrust Company, LLC, a wholly owned subsidiary of ICMA-RC. VantageTrust provides for the commingling of assets of certain trusts and plans as described in its Declaration of Trust, and is only available for investment by such eligible trusts and plans. The Fund is not a mutual fund. Its units are not deposits of VantageTrust Company and are not insured by the Federal Deposit Insurance Corporation or any other agency. The Fund is a security that has not been registered under the Securities Act of 1933 and is exempt from investment company registration under the Investment Company Act of 1940. For additional information regarding the Fund, including a description of the principal risks, please consult the VantageTrust Funds Disclosure Memorandum, which is available when you log in at www.icmarc.org, or upon request by calling 800-669-7400.

The source for this information is Morningstar, Inc. Copyright © 2017 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.