Chief Executive Officer

0001615774-17-004075.txt : 20170804 0001615774-17-004075.hdr.sgml : 20170804 20170804170203 ACCESSION NUMBER: 0001615774-17-004075 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170630 FILED AS OF DATE: 20170804 DATE AS OF CHANGE: 20170804 EFFECTIVENESS DATE: 20170804 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Newfound Research LLC CENTRAL INDEX KEY: 0001630806 IRS NUMBER: 263296223 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-17093 FILM NUMBER: 171009354 BUSINESS ADDRESS: STREET 1: 425 BOYLSTON STREET STREET 2: 3RD FL CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617-531-9773 MAIL ADDRESS: STREET 1: 425 BOYLSTON STREET STREET 2: 3RD FL CITY: BOSTON STATE: MA ZIP: 02116 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001630806 XXXXXXXX 06-30-2017 06-30-2017 false Newfound Research LLC

425 Boylston Street 3rd Fl Boston MA 02116

13F HOLDINGS REPORT 028-17093 Y The filing of this report shall not be deemed an admission, for purposes of Section 13(f), 13(d), 13(g), or 16(a) under the Securities Exchange Act of 1934, as amended, and the rules thereunder, or for any other purpose, that the Reporting Manager or any other person (including Other Managers or Other Included Managers named herein) is the beneficial owner of any securities. Newfound Research LLC, a Delaware limited liability company ("Newfound"), is an institutional investment manager which, for the purposes of Section 13(f) of the Securities Exchange Act of 1934 and the rules promulgated thereunder ("Section 13(f)"), exercises investment discretion with respect to certain securities positions. Thomas B. Rosedale, an individual ("Rosedale"), Corey M. Hoffstein, an individual ("Hoffstein"), Daniel J. Sibears, an individual ("Sibears"), Newfound Holdings, LLC, a Delaware limited liability company ("Holdings"), and Sand Hill Cove Management LLC, a Delaware limited liability company ("SandHill"), may each be deemed to exercise investment discretion over the securities reported on this Form 13F for purposes of Section 13(f). Certain of the security positions reported by Newfound are also being reported by Rosedale, Hoffstein, Sibears, Holdings and SandHill. Each of Newfound, Rosedale, Hoffstein, Sibears, Holdings and SandHill disclaims beneficial ownership of the shares reported on this Form 13F by Newfound except to the extent of any pecuniary interest therein. Thomas B. Rosedale Chief Executive Officer 617-531-9773 /s/ Thomas B. Rosedale Boston MA 08-04-2017 5 230 143018 1 0001256731 028-17094 Rosedale Thomas B. 2 0001630803 028-17095 Hoffstein Corey 3 0001664630 028-17096 Sibears Daniel J 4 0001664645 028-17097 Sand Hill Cove Management LLC 5 0001630807 028-17098 Newfound Holdings, LLC INFORMATION TABLE 2 infotable.xml PowerShares POWERSHARES SENIOR LOAN 73936Q769 14442 624111 SH OTR 1, 2, 3, 4, 5 624111 0 0 iShares ISHARES U.S. PREFERRED STOCK ETF 464288687 7499 191444 SH OTR 1, 2, 3, 4, 5 191444 0 0 iShares ISHARES IBOXX HI YD CP BD ETF 464288513 6970 78850 SH OTR 1, 2, 3, 4, 5 78850 0 0 iShares ISHARES GLOBAL FINANCIALS ET 464287333 5753 91093 SH OTR 1, 2, 3, 4, 5 91093 0 0 iShares ISHARES GLOBAL MATERIALS ETF 464288695 5696 95209 SH OTR 1, 2, 3, 4, 5 95209 0 0 iShares ISHARES MORTGAGE REAL ESTATE 464288539 5502 118621 SH OTR 1, 2, 3, 4, 5 118621 0 0 iShares ISHARES GLOBAL CONSUMER DISC 464288745 5240 52943 SH OTR 1, 2, 3, 4, 5 52943 0 0 iShares ISHARES GLOBAL INDUSTRIALS E 464288729 5236 61847 SH OTR 1, 2, 3, 4, 5 61847 0 0 iShares iShares Global Tech ETF 464287291 5105 38993 SH OTR 1, 2, 3, 4, 5 38993 0 0 iShares ISHARES GLOBAL HEALTHCARE ET 464287325 4994 45670 SH OTR 1, 2, 3, 4, 5 45670 0 0 PowerShares POWERSHARES EM MKT SOVR DEBT 73936T573 4994 170607 SH OTR 1, 2, 3, 4, 5 170607 0 0 iShares ISHARES GLOBAL TELECOM ETF 464287275 4993 85350 SH OTR 1, 2, 3, 4, 5 85350 0 0 iShares ISHARES GLOBAL UTILITIES ETF 464288711 4977 101504 SH OTR 1, 2, 3, 4, 5 101504 0 0 iShares ISHARES GLOBAL CONSUMER STAPLES ETF 464288737 4969 48604 SH OTR 1, 2, 3, 4, 5 48604 0 0 SPDR SPDR BARCLAYS CONV SEC ETF 78464A359 4635 93408 SH OTR 1, 2, 3, 4, 5 93408 0 0 Van Eck MARKET VECTORS EMERGING MARK 57060U522 4117 217944 SH OTR 1, 2, 3, 4, 5 217944 0 0 Vanguard VANGUARD GLBL EX-US REAL EST 922042676 3962 70442 SH OTR 1, 2, 3, 4, 5 70442 0 0 Vanguard VANGUARD HIGH DVD YIELD ETF 921946406 3456 44218 SH OTR 1, 2, 3, 4, 5 44218 0 0 iShares ISHARES IBOXX $ INVEST GR CORP BD 464287242 2992 24829 SH OTR 1, 2, 3, 4, 5 24829 0 0 SPDR SELECT SECTOR SPDRTR MATLS 81369Y100 2727 50672 SH OTR 1, 2, 3, 4, 5 50672 0 0 SPDR INDUSTRIAL SELECT SECT SPDR 81369Y704 2710 39788 SH OTR 1, 2, 3, 4, 5 39788 0 0 SPDR SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2705 34132 SH OTR 1, 2, 3, 4, 5 34132 0 0 SPDR SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2671 108264 SH OTR 1, 2, 3, 4, 5 108264 0 0 SPDR CONSUMER DISCRETIONARY SELT 81369Y407 2662 29702 SH OTR 1, 2, 3, 4, 5 29702 0 0 SPDR TECHNOLOGY SELECT SECT SPDR 81369Y803 2592 47361 SH OTR 1, 2, 3, 4, 5 47361 0 0 SPDR SECTOR SPDR TR SHS BEN INT UTILITIES 81369Y886 2486 47843 SH OTR 1, 2, 3, 4, 5 47843 0 0 PowerShares POWERSHARES GLOBAL ETF FD S&P 500 BUYWRT 73936G308 2456 110549 SH OTR 1, 2, 3, 4, 5 110549 0 0 SPDR CONSUMER STAPLES SPDR 81369Y308 2444 44492 SH OTR 1, 2, 3, 4, 5 44492 0 0 JPMorgan JPMORGAN CHASE & CO ALERIAN ML ETF 46625H365 2081 70078 SH OTR 1, 2, 3, 4, 5 70078 0 0 iShares ISHARES GLOBAL ENERGY ETF 464287341 1955 62972 SH OTR 1, 2, 3, 4, 5 62972 0 0 Vanguard VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF 921946794 1750 27975 SH OTR 1, 2, 3, 4, 5 27975 0 0 Vanguard VANGUARD REIT VIPER 922908553 1727 20750 SH OTR 1, 2, 3, 4, 5 20750 0 0 iShares ISHARES INTERNATIONAL SELECT 464288448 991 30274 SH OTR 1, 2, 3, 4, 5 30274 0 0 Global X GLOBAL X MLP ETF 37950E473 696 63720 SH OTR 1, 2, 3, 4, 5 63720 0 0 Recon Capital RECON CAPITAL NASDAQ 100 COVERED CALL ETF 75623U102 635 26865 SH OTR 1, 2, 3, 4, 5 26865 0 0 Fidelity FIDELITY MSCI FINANCIALS INDEX ETF 316092501 522 14359 SH OTR 1, 2, 3, 4, 5 14359 0 0 Fidelity FIDELITY MSCI UTILITIES INDEX ETF 316092865 503 14886 SH OTR 1, 2, 3, 4, 5 14886 0 0 Fidelity FIDELITY MSCI HEALTH CARE INDEX ETF 316092600 489 12781 SH OTR 1, 2, 3, 4, 5 12781 0 0 Fidelity FIDELITY MSCI CONSUMER STAPLES INDEX ETF 316092303 443 13405 SH OTR 1, 2, 3, 4, 5 13405 0 0 Fidelity FIDELITY MSCI MATERIALS INDEX ETF 316092881 385 12338 SH OTR 1, 2, 3, 4, 5 12338 0 0 Fidelity FIDELITY MSCI INDUSTRIALS INDEX ETF 316092709 383 11021 SH OTR 1, 2, 3, 4, 5 11021 0 0 Fidelity FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF 316092204 356 10028 SH OTR 1, 2, 3, 4, 5 10028 0 0 Van Eck VANECK VECTORS PREFERRED SECURITIES EX FINANCIALS ETF 92189F429 273 13527 SH OTR 1, 2, 3, 4, 5 13527 0 0 Fidelity FIDELITY MSCI INFORMATION TECH INDEX ETF 316092808 104 2444 SH OTR 1, 2, 3, 4, 5 2444 0 0 JP Morgan JPMORGAN DISCIPLINED HIGH YIELD ETF 46641Q878 89 1737 SH OTR 1, 2, 3, 4, 5 1737 0 0 PowerShares PowerShares Variable Rate Preferred Portfolio 73937B597 70 2674 SH OTR 1, 2, 3, 4, 5 2674 0 0 PIMCO PIMCO ETF TR 0-5 YR HIGH YIELD CORP 72201R783 35 349 SH OTR 1, 2, 3, 4, 5 349 0 0 Vanguard VANGUARD INT-TERM CORPORATE 92206C870 22 255 SH OTR 1, 2, 3, 4, 5 255 0 0 Schwab SCHWAB US LARGE-CAP ETF 808524201 21 363 SH OTR 1, 2, 3, 4, 5 363 0 0 Guggenheim GUGGENHEIM S&P 500 PURE VALU 78355W304 20 343 SH OTR 1, 2, 3, 4, 5 343 0 0 iShares ISHARES TR CORE S&P SCP ETF 464287804 20 282 SH OTR 1, 2, 3, 4, 5 282 0 0 Van Eck MARKET VECTORS ETF TR 57060U878 18 583 SH OTR 1, 2, 3, 4, 5 583 0 0 iShares ISHARES 20+ YEAR TREASURY BO 464287432 18 142 SH OTR 1, 2, 3, 4, 5 142 0 0 iShares ISHARES MSCI USA MINIMUM VOL 46429B697 18 361 SH OTR 1, 2, 3, 4, 5 361 0 0 PowerShares POWERSHARES S&P SC FINANCIAL 73937B803 16 313 SH OTR 1, 2, 3, 4, 5 313 0 0 PowerShares POWERSHARES S&P SC MATERIALS 73937B852 16 345 SH OTR 1, 2, 3, 4, 5 345 0 0 PowerShares POWERSHARES S&P SC HEALTH CA 73937B886 16 183 SH OTR 1, 2, 3, 4, 5 183 0 0 PowerShares POWERSHARES S&P SC INDUSTRIA 73937B878 16 284 SH OTR 1, 2, 3, 4, 5 284 0 0 PowerShares POWERSHARES S&P SC CONS-DISC 73937B506 16 290 SH OTR 1, 2, 3, 4, 5 290 0 0 ProShares PROSHARES S&P500 ARISTOCRATS 74348A467 15 263 SH OTR 1, 2, 3, 4, 5 263 0 0 iShares ISHARES MSCI USA MOMENTUM 46432F396 15 164 SH OTR 1, 2, 3, 4, 5 164 0 0 PowerShares POWERSHARES S&P SC UTILITIES 73937B837 15 282 SH OTR 1, 2, 3, 4, 5 282 0 0 PowerShares POWERSHARES S&P SC INFO TECH 73937B860 14 193 SH OTR 1, 2, 3, 4, 5 193 0 0 PowerShares POWERSHARES S&P SC CONS STAP 73937B605 13 201 SH OTR 1, 2, 3, 4, 5 201 0 0 Vanguard VANGUARD FTSE ALL-WORLD EX-U 922042775 13 250 SH OTR 1, 2, 3, 4, 5 250 0 0 Fidelity FIDELITY MSCI TELECOM INDEX ETF 316092873 12 387 SH OTR 1, 2, 3, 4, 5 387 0 0 Guggenheim GUGGENHEIM S&P 500 EQUAL WEI 78355W106 10 112 SH OTR 1, 2, 3, 4, 5 112 0 0 iShares ISHARES TR FLTG RATENT ETF 46429B655 10 192 SH OTR 1, 2, 3, 4, 5 192 0 0 ProShares PROSHARES HEDGE REPLICAT ETF 74347X294 7 169 SH OTR 1, 2, 3, 4, 5 169 0 0 iShares ISHARES - LEHMAN 7-10 YR. TREA 464287440 7 70 SH OTR 1, 2, 3, 4, 5 70 0 0 BlackRock BLACKROCK MULTI-ASSET INCOME PORTFOLIO CLASS A 09256H351 5 470 SH OTR 1, 2, 3, 4, 5 470 0 0 PIMCO PIMCO INCOME FUND CLASS D 72201F458 5 417 SH OTR 1, 2, 3, 4, 5 417 0 0 PIMCO PIMCO ENHANCED SHORT MATURIT 72201R833 5 44 SH OTR 1, 2, 3, 4, 5 44 0 0 Assurant Inc. EQUITY 04621X108 4 42 SH OTR 1, 2, 3, 4, 5 42 0 0 GlobalX GLOBALX SCIENTIFIC BETA U.S. ETF 37954Y103 4 152 SH OTR 1, 2, 3, 4, 5 152 0 0 Vanguard VANGUARD LONG-TERM CORP BOND 92206C813 4 44 SH OTR 1, 2, 3, 4, 5 44 0 0 Anthem, Inc. EQUITY 94973V107 4 22 SH OTR 1, 2, 3, 4, 5 22 0 0 Vanguard VANGUARD S/T CORP BOND ETF 92206C409 4 49 SH OTR 1, 2, 3, 4, 5 49 0 0 Vanguard VANGUARD FTSE ALL WO X-US SC 922042718 4 36 SH OTR 1, 2, 3, 4, 5 36 0 0 Goldman Sachs GOLDMAN SACHS ACTIVEBETA US LARGE-CAP EQUITY ETF 381430503 4 74 SH OTR 1, 2, 3, 4, 5 74 0 0 IndexIQ IQ HEDGE MULTI-STRAT TRACKER 45409B107 4 121 SH OTR 1, 2, 3, 4, 5 121 0 0 PowerShares POWERSHARES MULTISTRAT ETF 73935B870 4 160 SH OTR 1, 2, 3, 4, 5 160 0 0 ProShares IQ MERGER ARBITRAGE ETF 45409B800 3 112 SH OTR 1, 2, 3, 4, 5 112 0 0 Aetna Inc. EQUITY 00817Y108 3 21 SH OTR 1, 2, 3, 4, 5 21 0 0 The Allstate Corporation EQUITY 020002101 3 37 SH OTR 1, 2, 3, 4, 5 37 0 0 WisdomTree WISDOMTREE MGD FUTURES STRAT 97717W125 3 78 SH OTR 1, 2, 3, 4, 5 78 0 0 Unum Group EQUITY 91529Y106 3 63 SH OTR 1, 2, 3, 4, 5 63 0 0 Tyson Foods, Inc. EQUITY 902494103 3 46 SH OTR 1, 2, 3, 4, 5 46 0 0 Exelon Corporation EQUITY 30161N101 3 79 SH OTR 1, 2, 3, 4, 5 79 0 0 JP Morgan JPMORGAN DIVERSIFIED RETURN INTERNATIONAL EQUITY ETF 46641Q209 3 50 SH OTR 1, 2, 3, 4, 5 50 0 0 Wal-Mart Stores Inc. EQUITY 931142103 3 36 SH OTR 1, 2, 3, 4, 5 36 0 0 The Travelers Companies, Inc. EQUITY 89417E109 3 21 SH OTR 1, 2, 3, 4, 5 21 0 0 Prudential Financial, Inc. EQUITY 744320102 3 24 SH OTR 1, 2, 3, 4, 5 24 0 0 XL Group plc EQUITY G98290102 3 59 SH OTR 1, 2, 3, 4, 5 59 0 0 Vanguard VANGUARD TOTAL BOND MARKET 921937835 3 31 SH OTR 1, 2, 3, 4, 5 31 0 0 WisdomTree WISDOMTREE BBG USD BULLISH 97717W471 3 96 SH OTR 1, 2, 3, 4, 5 96 0 0 Valero Energy Corporation EQUITY 91913Y100 2 36 SH OTR 1, 2, 3, 4, 5 36 0 0 ProShares PROSHARES RAFI LONG/SHORT 74347X310 2 63 SH OTR 1, 2, 3, 4, 5 63 0 0 Best Buy Co., Inc. EQUITY 086516101 2 41 SH OTR 1, 2, 3, 4, 5 41 0 0 Guggenheim GUGGENHEIM ENHANCED SHORT DU 18383M654 2 46 SH OTR 1, 2, 3, 4, 5 46 0 0 Lincoln National Corporation EQUITY 534187109 2 33 SH OTR 1, 2, 3, 4, 5 33 0 0 Vanguard VANGUARD TOTAL INTERNATIONAL BOND ETF 92203J407 2 40 SH OTR 1, 2, 3, 4, 5 40 0 0 L-3 Communications Holdings Inc. EQUITY 502424104 2 12 SH OTR 1, 2, 3, 4, 5 12 0 0 Archer-Daniels-Midland Company EQUITY 039483102 2 49 SH OTR 1, 2, 3, 4, 5 49 0 0 Goldman Sachs GOLDMAN SACHS ACTIVEBETA EMERGING MARKETS EQUITY ETF 381430206 2 61 SH OTR 1, 2, 3, 4, 5 61 0 0 The Hartford Financial Services Group, Inc. EQUITY 416515104 2 34 SH OTR 1, 2, 3, 4, 5 34 0 0 First Trust FIRST TRUST LONG/SHORT EQUITY 33739P103 2 49 SH OTR 1, 2, 3, 4, 5 49 0 0 FirstEnergy Corp. EQUITY 337932107 2 59 SH OTR 1, 2, 3, 4, 5 59 0 0 CenturyLink, Inc. EQUITY 156700106 2 71 SH OTR 1, 2, 3, 4, 5 71 0 0 MetLife, Inc. EQUITY 59156R108 2 30 SH OTR 1, 2, 3, 4, 5 30 0 0 iShares ISHARES CORE US AGGREGATE BOND ETF 464287226 2 15 SH OTR 1, 2, 3, 4, 5 15 0 0 Western Digital Corporation EQUITY 958102105 2 19 SH OTR 1, 2, 3, 4, 5 19 0 0 iShares ISHARES GOLD TRUST ETF 464285105 2 138 SH OTR 1, 2, 3, 4, 5 138 0 0 Entergy Corporation EQUITY 29364G103 2 21 SH OTR 1, 2, 3, 4, 5 21 0 0 Kohl's Corp. EQUITY 500255104 2 42 SH OTR 1, 2, 3, 4, 5 42 0 0 Staples, Inc. EQUITY 855030102 2 156 SH OTR 1, 2, 3, 4, 5 156 0 0 Tesoro Corporation EQUITY 881609101 2 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Aflac Incorporated EQUITY 001055102 2 19 SH OTR 1, 2, 3, 4, 5 19 0 0 The Goodyear Tire & Rubber Company EQUITY 382550101 1 43 SH OTR 1, 2, 3, 4, 5 43 0 0 Ryder System, Inc. EQUITY 783549108 1 21 SH OTR 1, 2, 3, 4, 5 21 0 0 Express Scripts Holding Company EQUITY 30219G108 1 23 SH OTR 1, 2, 3, 4, 5 23 0 0 Xerox Corporation EQUITY 984121103 1 50 SH OTR 1, 2, 3, 4, 5 50 0 0 Whirlpool Corp. EQUITY 963320106 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Ford Motor Co. EQUITY 345370860 1 123 SH OTR 1, 2, 3, 4, 5 123 0 0 The Goldman Sachs Group, Inc. EQUITY 38141G104 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 American International Group, Inc. EQUITY 026874784 1 22 SH OTR 1, 2, 3, 4, 5 22 0 0 CVS Health Corporation EQUITY 126650100 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 FedEx Corporation EQUITY 31428X106 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Jabil Circuit Inc. EQUITY 466313103 1 45 SH OTR 1, 2, 3, 4, 5 45 0 0 Exchanged Traded Concepts ALPHACLONE ALTERNATIVE ALPHA 26922A305 1 33 SH OTR 1, 2, 3, 4, 5 33 0 0 Delta Air Lines, Inc. EQUITY 247361702 1 24 SH OTR 1, 2, 3, 4, 5 24 0 0 iShares ISHARES BARCLAYS TIPS BOND ETF 464287176 1 11 SH OTR 1, 2, 3, 4, 5 11 0 0 GameStop Corp. EQUITY 36467W109 1 58 SH OTR 1, 2, 3, 4, 5 58 0 0 The AES Corporation EQUITY 00130H105 1 110 SH OTR 1, 2, 3, 4, 5 110 0 0 Morgan Stanley EQUITY 617446448 1 26 SH OTR 1, 2, 3, 4, 5 26 0 0 WisdomTree WISDOMTREE CBOE S&P 500 PUTWRITE STRATEGY FUND 97717X560 1 39 SH OTR 1, 2, 3, 4, 5 39 0 0 Principal Financial Group Inc. EQUITY 74251V102 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 General Motors Company EQUITY 37045V100 1 32 SH OTR 1, 2, 3, 4, 5 32 0 0 AlphaCentric ALPHACENTRIC INCOME OPPORTUNITIES FUND CLASS A 62827M169 1 93 SH OTR 1, 2, 3, 4, 5 93 0 0 FlexShares FLEXSHARES CREDIT-SCORED US CORPORATE BOND INDEX ETF 33939L761 1 21 SH OTR 1, 2, 3, 4, 5 21 0 0 WisdomTree WISDOMTREE BARCLAYS YIELD ENHANCED US AGGREGATE BOND ETF 97717X511 1 21 SH OTR 1, 2, 3, 4, 5 21 0 0 JP Morgan JP MORGAN SYSTEMATIC ALPHA FUND CLASS A 46637K620 1 70 SH OTR 1, 2, 3, 4, 5 70 0 0 Southwest Airlines Co. EQUITY 844741108 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 PowerShares POWERSHARES OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX ETF 73937V106 1 63 SH OTR 1, 2, 3, 4, 5 63 0 0 Humana Inc. EQUITY 444859102 1 4 SH OTR 1, 2, 3, 4, 5 4 0 0 The Kroger Co. EQUITY 501044101 1 39 SH OTR 1, 2, 3, 4, 5 39 0 0 Loews Corporation EQUITY 540424108 1 19 SH OTR 1, 2, 3, 4, 5 19 0 0 Bed Bath & Beyond Inc. EQUITY 075896100 1 29 SH OTR 1, 2, 3, 4, 5 29 0 0 Target Corp. EQUITY 87612E106 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Leidos Holdings, Inc. EQUITY 525327102 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Capital One Financial Corporation EQUITY 14040H105 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 PulteGroup, Inc. EQUITY 745867101 1 34 SH OTR 1, 2, 3, 4, 5 34 0 0 United Continental Holdings, Inc. EQUITY 910047109 1 11 SH OTR 1, 2, 3, 4, 5 11 0 0 Catalyst CATALYST/MILLBURN HEDGE STRATEGY FUND CLASS A 62827P832 1 27 SH OTR 1, 2, 3, 4, 5 27 0 0 JP Morgan JP MORGAN INCOME BUILDER CLASS A 4812A3288 1 78 SH OTR 1, 2, 3, 4, 5 78 0 0 PVH Corp. EQUITY 693656100 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Walgreens Boots Alliance, Inc. EQUITY 957638109 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Quest Diagnostics Inc. EQUITY 74834L100 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Longboard LONGBOARD MANAGED FUTURES STRATEGY FUND CLASS A 66538A430 1 75 SH OTR 1, 2, 3, 4, 5 75 0 0 Macy's, Inc. EQUITY 55616P104 1 33 SH OTR 1, 2, 3, 4, 5 33 0 0 UnitedHealth Group Incorporated EQUITY 91324P102 1 4 SH OTR 1, 2, 3, 4, 5 4 0 0 AT&T EQUITY 00206R102 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 Jacobs Engineering Group Inc. EQUITY 469814107 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 Laboratory Corp. of America Holdings EQUITY 50540R409 1 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Citigroup Inc. EQUITY 172967424 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Genworth Financial, Inc. EQUITY 37247D106 1 160 SH OTR 1, 2, 3, 4, 5 160 0 0 Barclays IPATH S&P 500 VIX S/T FU ETN 06742E711 1 47 SH OTR 1, 2, 3, 4, 5 47 0 0 Eastman Chemical Co. EQUITY 277432100 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Quanta Services, Inc. EQUITY 74762E102 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 VelocityShares VELOCITYSHARES INV VIX SH-TM 22542D795 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 DR Horton Inc. EQUITY 23331A109 1 15 SH OTR 1, 2, 3, 4, 5 15 0 0 Textron Inc. EQUITY 883203101 1 11 SH OTR 1, 2, 3, 4, 5 11 0 0 Phillips 66 EQUITY 718546104 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 McKesson Corporation EQUITY 58155Q103 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 Marathon Petroleum Corporation EQUITY 56585A102 0 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Centene Corp. EQUITY 15135B101 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 International Paper Company EQUITY 460146103 0 8 SH OTR 1, 2, 3, 4, 5 8 0 0 Torchmark Corporation EQUITY 891027104 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 361 Capital 361 GLOBAL LONG/SHORT EQUITY FUND CLASS A 46141Q881 0 39 SH OTR 1, 2, 3, 4, 5 39 0 0 The Dow Chemical Company EQUITY 260543103 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 American Century AC ALTERNATIVES EQUITY MARKET NEUTRAL FUND CLASS A 02507M691 0 40 SH OTR 1, 2, 3, 4, 5 40 0 0 PIMCO PIMCO RAE FUNDAMENTAL ADVANTAGE PLUS FUND CLASS D 72201M149 0 45 SH OTR 1, 2, 3, 4, 5 45 0 0 Lennar Corporation EQUITY 526057104 0 8 SH OTR 1, 2, 3, 4, 5 8 0 0 Freeport-McMoRan Inc. EQUITY 35671D857 0 35 SH OTR 1, 2, 3, 4, 5 35 0 0 Cardinal Health, Inc. EQUITY 14149Y108 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Signet Jewelers Limited EQUITY G81276100 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Foot Locker, Inc. EQUITY 344849104 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Seagate Technology Public Limited Company EQUITY G7945M107 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 FlexShares FLEXSHARES CREDIT-SCORED US LONG CORPORATE BOND INDEX ETF 33939L753 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 American Airlines Group Inc. EQUITY 02376R102 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 United Rentals, Inc. EQUITY 911363109 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Michael Kors Holdings Ltd EQUITY G60754101 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Tenet Healthcare Corp. EQUITY 88033G407 0 11 SH OTR 1, 2, 3, 4, 5 11 0 0 FlexShares FLEXSHARES QUALITY DIVIDEND INDEX ETF 33939L860 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Adtalem Global Education Inc. EQUITY 00737L103 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Alask Air Group Inc. EQUITY 011659109 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Progressive Corp Ohio EQUITY 743315103 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 AutoNation, Inc. EQUITY 05329W102 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Cummins Inc. EQUITY 231021106 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Cigna Corp. EQUITY 125509109 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 NetApp, Inc. EQUITY 64110D104 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Eaton Corporation plc EQUITY G29183103 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 FlexShares FLEXSHARES INTERNATIONAL QUALITY DIVIDEND INDEX ETF 33939L837 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 R.R. Donnelley & Sons Company EQUITY 279765101 0 12 SH OTR 1, 2, 3, 4, 5 12 0 0 Big Lots Inc. EQUITY 089302103 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 CBRE Group, Inc. EQUITY 12504L109 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Chubb Corp EQUITY H1467J104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Twenty-First Century Fox, Inc. EQUITY 90130A101 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Ameriprise Financial, Inc. EQUITY 03076C106 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Legg Mason Inc. EQUITY 524901105 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 The Gap, Inc. EQUITY 364760108 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Ralph Lauren Corp. EQUITY 751212101 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Dollar General Corp EQUITY 256677105 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Viacom, Inc. EQUITY 92553P201 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Pentair plc EQUITY H6169Q108 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Discover Financial Services EQUITY 254709108 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Nucor Corporation EQUITY 670346105 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Robert Half Intl, Inc. EQUITY 770323103 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Fluor Corporation EQUITY 343412102 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 BorgWarner Inc. EQUITY 099724106 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Urban Outfitters, Inc. EQUITY 917047102 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Invesco Ltd. EQUITY 46127U104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 LKQ Corporation EQUITY 501889208 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Fossil Group, Inc. EQUITY 349882100 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 Leucadia National Corp EQUITY 527288104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 SPDR SPDR S&P 500 ETF TR UNIT SER 1 S&P 78462F103 0 0 SH OTR 1, 2, 3, 4, 5 0 0 0 Discovery Communications, Inc. EQUITY 25470F104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 PowerShares POWERSHARES EXCH TRADED FD TST II S&P 500 73937B779 0 0 SH OTR 1, 2, 3, 4, 5 0 0 0 iShares ISHARES 1-3 YR TRS BD ETF 464287457 0 0 SH OTR 1, 2, 3, 4, 5 0 0 0 Van Eck MARKET VECTORS INTERMEDIATE 57060U845 0 0 SH OTR 1, 2, 3, 4, 5 0 0 0