Chief Executive Officer

0001615774-18-000903.txt : 20180206 0001615774-18-000903.hdr.sgml : 20180206 20180206110612 ACCESSION NUMBER: 0001615774-18-000903 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180206 DATE AS OF CHANGE: 20180206 EFFECTIVENESS DATE: 20180206 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: 18576641 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 12-31-2017 12-31-2017 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. Column 8 of the attached Information Table includes a limited amount of securities for which Newfound exercises shared voting authority. As of December 31, 2017, the aggregate market value of such shares was $256,138.14. Thomas B. Rosedale Chief Executive Officer 617-531-9773 /s/ Thomas B. Rosedale Boston MA 02-06-2018 5 237 188404 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 15571 675807 SH OTR 1, 2, 3, 4, 5 675807 0 0 iShares ISHARES IBOXX HI YD CP BD ETF 464288513 10745 123134 SH OTR 1, 2, 3, 4, 5 123134 0 0 PowerShares POWERSHARES EM MKT SOVR DEBT 73936T573 7528 254856 SH OTR 1, 2, 3, 4, 5 254856 0 0 iShares ISHARES U.S. PREFERRED STOCK ETF 464288687 7241 190190 SH OTR 1, 2, 3, 4, 5 190190 0 0 iShares ISHARES GLOBAL CONSUMER DISC 464288745 6192 56604 SH OTR 1, 2, 3, 4, 5 56604 0 0 iShares ISHARES GLOBAL INDUSTRIALS E 464288729 6140 66117 SH OTR 1, 2, 3, 4, 5 66117 0 0 iShares iShares Global Tech ETF 464287291 5799 37740 SH OTR 1, 2, 3, 4, 5 37740 0 0 iShares ISHARES GLOBAL MATERIALS ETF 464288695 5797 82720 SH OTR 1, 2, 3, 4, 5 82720 0 0 iShares ISHARES GLOBAL FINANCIALS ET 464287333 5766 82452 SH OTR 1, 2, 3, 4, 5 82452 0 0 iShares ISHARES IBOXX $ INVEST GR CORP BD 464287242 5764 47416 SH OTR 1, 2, 3, 4, 5 47416 0 0 iShares ISHARES GLOBAL CONSUMER STAPLES ETF 464288737 5668 53504 SH OTR 1, 2, 3, 4, 5 53504 0 0 iShares ISHARES GLOBAL TELECOM ETF 464287275 5542 91553 SH OTR 1, 2, 3, 4, 5 91553 0 0 iShares ISHARES GLOBAL HEALTHCARE ET 464287325 5493 48819 SH OTR 1, 2, 3, 4, 5 48819 0 0 iShares ISHARES GLOBAL UTILITIES ETF 464288711 5434 109714 SH OTR 1, 2, 3, 4, 5 109714 0 0 PowerShares POWERSHARES GLOBAL ETF FD S&P 500 BUYWRT 73936G308 5380 250832 SH OTR 1, 2, 3, 4, 5 250832 0 0 iShares ISHARES GLOBAL ENERGY ETF 464287341 5203 146354 SH OTR 1, 2, 3, 4, 5 146354 0 0 Van Eck MARKET VECTORS EMERGING MARK 57060U522 5191 273501 SH OTR 1, 2, 3, 4, 5 273501 0 0 Van Eck VANECK VECTORS PREFERRED SECURITIES EX FINANCIALS ETF 92189F429 4903 249377 SH OTR 1, 2, 3, 4, 5 249377 0 0 Vanguard VANGUARD GLBL EX-US REAL EST 922042676 4184 69162 SH OTR 1, 2, 3, 4, 5 69162 0 0 SPDR SPDR BARCLAYS CONV SEC ETF 78464A359 4055 80146 SH OTR 1, 2, 3, 4, 5 80146 0 0 Vanguard VANGUARD HIGH DVD YIELD ETF 921946406 3666 42813 SH OTR 1, 2, 3, 4, 5 42813 0 0 Vanguard VANGUARD REIT VIPER 922908553 3100 37353 SH OTR 1, 2, 3, 4, 5 37353 0 0 SPDR TECHNOLOGY SELECT SECT SPDR 81369Y803 3029 47361 SH OTR 1, 2, 3, 4, 5 47361 0 0 SPDR SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 2822 34132 SH OTR 1, 2, 3, 4, 5 34132 0 0 SPDR CONSUMER STAPLES SPDR 81369Y308 2531 44492 SH OTR 1, 2, 3, 4, 5 44492 0 0 SPDR SECTOR SPDR TR SHS BEN INT UTILITIES 81369Y886 2520 47843 SH OTR 1, 2, 3, 4, 5 47843 0 0 Fidelity FIDELITY MSCI FINANCIALS INDEX ETF 316092501 2502 61360 SH OTR 1, 2, 3, 4, 5 61360 0 0 Vanguard VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF 921946794 2486 37111 SH OTR 1, 2, 3, 4, 5 37111 0 0 Fidelity FIDELITY MSCI UTILITIES INDEX ETF 316092865 2482 71934 SH OTR 1, 2, 3, 4, 5 71934 0 0 SPDR INDUSTRIAL SELECT SECT SPDR 81369Y704 2443 32286 SH OTR 1, 2, 3, 4, 5 32286 0 0 SPDR SELECT SECTOR SPDRTR MATLS 81369Y100 2442 40344 SH OTR 1, 2, 3, 4, 5 40344 0 0 Fidelity FIDELITY MSCI HEALTH CARE INDEX ETF 316092600 2435 60892 SH OTR 1, 2, 3, 4, 5 60892 0 0 SPDR CONSUMER DISCRETIONARY SELT 81369Y407 2427 24595 SH OTR 1, 2, 3, 4, 5 24595 0 0 SPDR SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 2422 86787 SH OTR 1, 2, 3, 4, 5 86787 0 0 Fidelity FIDELITY MSCI INDUSTRIALS INDEX ETF 316092709 2417 62464 SH OTR 1, 2, 3, 4, 5 62464 0 0 Recon Capital RECON CAPITAL NASDAQ 100 COVERED CALL ETF 75623U102 2411 98266 SH OTR 1, 2, 3, 4, 5 98266 0 0 Fidelity FIDELITY MSCI CONSUMER STAPLES INDEX ETF 316092303 2402 69998 SH OTR 1, 2, 3, 4, 5 69998 0 0 Fidelity FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF 316092204 2395 61228 SH OTR 1, 2, 3, 4, 5 61228 0 0 Fidelity FIDELITY MSCI MATERIALS INDEX ETF 316092881 2325 66358 SH OTR 1, 2, 3, 4, 5 66358 0 0 Fidelity FIDELITY MSCI ENERGY INDEX ETF 316092402 2108 105160 SH OTR 1, 2, 3, 4, 5 105160 0 0 SPDR SECTOR SPDR TR SHS BEN INT EN 81369y506 2098 29037 SH OTR 1, 2, 3, 4, 5 29037 0 0 Fidelity FIDELITY MSCI INFORMATION TECH INDEX ETF 316092808 1964 39308 SH OTR 1, 2, 3, 4, 5 39308 0 0 iShares ISHARES 20+ YEAR TREASURY BO 464287432 1823 14370 SH OTR 1, 2, 3, 4, 5 14370 0 0 PowerShares PowerShares Variable Rate Preferred Portfolio 73937B597 1256 48933 SH OTR 1, 2, 3, 4, 5 48933 0 0 iShares ISHARES INTERNATIONAL SELECT 464288448 1016 30070 SH OTR 1, 2, 3, 4, 5 30070 0 0 iShares ISHARES CONVERTIBLE BOND ETF 46435G102 409 7427 SH OTR 1, 2, 3, 4, 5 7427 0 0 Fidelity FIDELITY MSCI TELECOM INDEX ETF 316092873 209 6747 SH OTR 1, 2, 3, 4, 5 6747 0 0 JP Morgan JPMORGAN DISCIPLINED HIGH YIELD ETF 46641Q878 89 1737 SH OTR 1, 2, 3, 4, 5 1737 0 0 PIMCO PIMCO ETF TR 0-5 YR HIGH YIELD CORP 72201R783 31 306 SH OTR 1, 2, 3, 4, 5 306 0 0 Guggenheim GUGGENHEIM S&P 500 PURE VALU 78355W304 26 397 SH OTR 1, 2, 3, 4, 5 397 0 0 Schwab SCHWAB US LARGE-CAP ETF 808524201 22 349 SH OTR 1, 2, 3, 4, 5 349 0 0 iShares ISHARES TR CORE S&P SCP ETF 464287804 22 285 SH OTR 1, 2, 3, 4, 5 285 0 0 iShares ISHARES MSCI USA MINIMUM VOL 46429B697 19 366 SH OTR 1, 2, 3, 4, 5 366 0 0 PowerShares POWERSHARES S&P SC CONS STAP 73937B605 18 235 SH OTR 1, 2, 3, 4, 5 235 0 0 PowerShares POWERSHARES S&P SC CONS-DISC 73937B506 17 286 SH OTR 1, 2, 3, 4, 5 286 0 0 PowerShares POWERSHARES S&P SC HEALTH CA 73937B886 17 175 SH OTR 1, 2, 3, 4, 5 175 0 0 PowerShares POWERSHARES S&P SC INDUSTRIA 73937B878 17 265 SH OTR 1, 2, 3, 4, 5 265 0 0 iShares ISHARES MSCI USA MOMENTUM 46432F396 17 165 SH OTR 1, 2, 3, 4, 5 165 0 0 ProShares PROSHARES S&P500 ARISTOCRATS 74348A467 17 264 SH OTR 1, 2, 3, 4, 5 264 0 0 PowerShares POWERSHARES S&P SC MATERIALS 73937B852 17 316 SH OTR 1, 2, 3, 4, 5 316 0 0 PowerShares POWERSHARES S&P SC FINANCIAL 73937B803 16 299 SH OTR 1, 2, 3, 4, 5 299 0 0 PowerShares POWERSHARES S&P SC INFO TECH 73937B860 16 204 SH OTR 1, 2, 3, 4, 5 204 0 0 PowerShares POWERSHARES S&P SC UTILITIES 73937B837 16 294 SH OTR 1, 2, 3, 4, 5 294 0 0 Vanguard VANGUARD INT-TERM CORPORATE 92206C870 13 149 SH OTR 1, 2, 3, 4, 5 149 0 0 Vanguard VANGUARD FTSE ALL-WORLD EX-U 922042775 13 231 SH OTR 1, 2, 3, 4, 5 231 0 0 Van Eck MARKET VECTORS ETF TR 57060U878 12 387 SH OTR 1, 2, 3, 4, 5 387 0 0 iShares ISHARES TR FLTG RATENT ETF 46429B655 12 231 SH OTR 1, 2, 3, 4, 5 231 0 0 Guggenheim GUGGENHEIM S&P 500 EQUAL WEI 78355W106 11 113 SH OTR 1, 2, 3, 4, 5 113 0 0 ProShares PROSHARES HEDGE REPLICAT ETF 74347X294 8 187 SH OTR 1, 2, 3, 4, 5 187 0 0 iShares ISHARES - LEHMAN 7-10 YR. TREA 464287440 6 52 SH OTR 1, 2, 3, 4, 5 52 0 0 Anthem, Inc. EQUITY 94973V107 5 21 SH OTR 1, 2, 3, 4, 5 21 0 0 GlobalX GLOBALX SCIENTIFIC BETA U.S. ETF 37954Y103 4 145 SH OTR 1, 2, 3, 4, 5 145 0 0 Vanguard VANGUARD FTSE ALL WO X-US SC 922042718 4 37 SH OTR 1, 2, 3, 4, 5 37 0 0 BlackRock BLACKROCK MULTI-ASSET INCOME PORTFOLIO CLASS A 09256H351 4 389 SH OTR 1, 2, 3, 4, 5 389 0 0 PIMCO PIMCO INCOME FUND CLASS D 72201F458 4 345 SH OTR 1, 2, 3, 4, 5 345 0 0 The Allstate Corporation EQUITY 020002101 4 41 SH OTR 1, 2, 3, 4, 5 41 0 0 ProShares IQ MERGER ARBITRAGE ETF 45409B800 4 137 SH OTR 1, 2, 3, 4, 5 137 0 0 Newfound Research NEWFOUND MULTI-ASSET INCOME FUND CLASS A 66538G825 4 427 SH OTR 1, 2, 3, 4, 5 427 0 0 WisdomTree WISDOMTREE MGD FUTURES STRAT 97717W125 4 100 SH OTR 1, 2, 3, 4, 5 100 0 0 Wal-Mart Stores Inc. EQUITY 931142103 4 40 SH OTR 1, 2, 3, 4, 5 40 0 0 Vanguard VANGUARD INTERMEDIATE-TERM GOVERNMENT BOND ETF 92206C706 4 61 SH OTR 1, 2, 3, 4, 5 61 0 0 IndexIQ IQ HEDGE MULTI-STRAT TRACKER 45409B107 4 129 SH OTR 1, 2, 3, 4, 5 129 0 0 Assurant Inc. EQUITY 04621X108 4 39 SH OTR 1, 2, 3, 4, 5 39 0 0 JP Morgan JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF 46641Q407 4 53 SH OTR 1, 2, 3, 4, 5 53 0 0 JP Morgan JPMORGAN DIVERSIFIED RETURN INTERNATIONAL EQUITY ETF 46641Q209 4 62 SH OTR 1, 2, 3, 4, 5 62 0 0 Aetna Inc. EQUITY 00817Y108 4 19 SH OTR 1, 2, 3, 4, 5 19 0 0 PowerShares POWERSHARES MULTISTRAT ETF 73935B870 3 160 SH OTR 1, 2, 3, 4, 5 160 0 0 Unum Group EQUITY 91529Y106 3 61 SH OTR 1, 2, 3, 4, 5 61 0 0 Valero Energy Corporation EQUITY 91913Y100 3 36 SH OTR 1, 2, 3, 4, 5 36 0 0 The Travelers Companies, Inc. EQUITY 89417E109 3 24 SH OTR 1, 2, 3, 4, 5 24 0 0 Exelon Corporation EQUITY 30161N101 3 81 SH OTR 1, 2, 3, 4, 5 81 0 0 Newfound Research NEWFOUND RISK MANAGED GLOBAL SECTORS FUND CLASS A 66538G700 3 272 SH OTR 1, 2, 3, 4, 5 272 0 0 WisdomTree WISDOMTREE BBG USD BULLISH 97717W471 3 120 SH OTR 1, 2, 3, 4, 5 120 0 0 Tyson Foods, Inc. EQUITY 902494103 3 37 SH OTR 1, 2, 3, 4, 5 37 0 0 ProShares PROSHARES RAFI LONG/SHORT 74347X310 3 80 SH OTR 1, 2, 3, 4, 5 80 0 0 Best Buy Co., Inc. EQUITY 086516101 3 43 SH OTR 1, 2, 3, 4, 5 43 0 0 Vanguard VANGUARD TOTAL BOND MARKET 921937835 3 35 SH OTR 1, 2, 3, 4, 5 35 0 0 Prudential Financial, Inc. EQUITY 744320102 3 23 SH OTR 1, 2, 3, 4, 5 23 0 0 iShares ISHARES MORTGAGE REAL ESTATE 464288539 3 59 SH OTR 1, 2, 3, 4, 5 59 0 0 Vanguard VANGUARD TOTAL INTERNATIONAL BOND ETF 92203J407 3 48 SH OTR 1, 2, 3, 4, 5 48 0 0 Goldman Sachs GOLDMAN SACHS ACTIVEBETA EMERGING MARKETS EQUITY ETF 381430206 3 73 SH OTR 1, 2, 3, 4, 5 73 0 0 Lincoln National Corporation EQUITY 534187109 2 31 SH OTR 1, 2, 3, 4, 5 31 0 0 XL Group plc EQUITY G98290102 2 64 SH OTR 1, 2, 3, 4, 5 64 0 0 Kohl's Corp. EQUITY 500255104 2 40 SH OTR 1, 2, 3, 4, 5 40 0 0 Aflac Incorporated EQUITY 001055102 2 25 SH OTR 1, 2, 3, 4, 5 25 0 0 Vanguard VANGUARD LONG-TERM CORP BOND 92206C813 2 22 SH OTR 1, 2, 3, 4, 5 22 0 0 iShares ISHARES CORE US AGGREGATE BOND ETF 464287226 2 19 SH OTR 1, 2, 3, 4, 5 19 0 0 Express Scripts Holding Company EQUITY 30219G108 2 28 SH OTR 1, 2, 3, 4, 5 28 0 0 L-3 Communications Holdings Inc. EQUITY 502424104 2 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Archer-Daniels-Midland Company EQUITY 039483102 2 48 SH OTR 1, 2, 3, 4, 5 48 0 0 First Trust FIRST TRUST LONG/SHORT EQUITY 33739P103 2 49 SH OTR 1, 2, 3, 4, 5 49 0 0 iShares ISHARES GOLD TRUST ETF 464285105 2 153 SH OTR 1, 2, 3, 4, 5 153 0 0 PIMCO PIMCO ENHANCED SHORT MATURIT 72201R833 2 19 SH OTR 1, 2, 3, 4, 5 19 0 0 FirstEnergy Corp. EQUITY 337932107 2 61 SH OTR 1, 2, 3, 4, 5 61 0 0 The Hartford Financial Services Group, Inc. EQUITY 416515104 2 32 SH OTR 1, 2, 3, 4, 5 32 0 0 Ryder System, Inc. EQUITY 783549108 2 19 SH OTR 1, 2, 3, 4, 5 19 0 0 Andeavor EQUITY 03349M105 2 14 SH OTR 1, 2, 3, 4, 5 14 0 0 The Goldman Sachs Group, Inc. EQUITY 38141G104 2 6 SH OTR 1, 2, 3, 4, 5 6 0 0 FedEx Corporation EQUITY 31428X106 2 6 SH OTR 1, 2, 3, 4, 5 6 0 0 MetLife, Inc. EQUITY 59156R108 2 30 SH OTR 1, 2, 3, 4, 5 30 0 0 PowerShares POWERSHARES OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX ETF 73937V106 2 86 SH OTR 1, 2, 3, 4, 5 86 0 0 Xerox Corporation EQUITY 984121103 1 51 SH OTR 1, 2, 3, 4, 5 51 0 0 PulteGroup, Inc. EQUITY 745867101 1 44 SH OTR 1, 2, 3, 4, 5 44 0 0 Western Digital Corporation EQUITY 958102105 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 JP Morgan JP MORGAN SYSTEMATIC ALPHA FUND CLASS A 46637K620 1 95 SH OTR 1, 2, 3, 4, 5 95 0 0 Exchanged Traded Concepts ALPHACLONE ALTERNATIVE ALPHA 26922A305 1 33 SH OTR 1, 2, 3, 4, 5 33 0 0 Ford Motor Co. EQUITY 345370860 1 111 SH OTR 1, 2, 3, 4, 5 111 0 0 Delta Air Lines, Inc. EQUITY 247361702 1 25 SH OTR 1, 2, 3, 4, 5 25 0 0 Target Corp. EQUITY 87612E106 1 21 SH OTR 1, 2, 3, 4, 5 21 0 0 WisdomTree WISDOMTREE CARCLAYS YIELD ENHANCED US AGGREGATE BOND ETF 97717X511 1 27 SH OTR 1, 2, 3, 4, 5 27 0 0 General Motors Company EQUITY 37045V100 1 32 SH OTR 1, 2, 3, 4, 5 32 0 0 Morgan Stanley EQUITY 617446448 1 24 SH OTR 1, 2, 3, 4, 5 24 0 0 CenturyLink, Inc. EQUITY 156700106 1 75 SH OTR 1, 2, 3, 4, 5 75 0 0 CVS Health Corporation EQUITY 126650100 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Principal Financial Group Inc. EQUITY 74251V102 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 The Goodyear Tire & Rubber Company EQUITY 382550101 1 37 SH OTR 1, 2, 3, 4, 5 37 0 0 American International Group, Inc. EQUITY 026874784 1 20 SH OTR 1, 2, 3, 4, 5 20 0 0 WisdomTree WISDOMTREE CBOE S&P 500 PUTWRITE STRATEGY FUND 97717X560 1 40 SH OTR 1, 2, 3, 4, 5 40 0 0 The AES Corporation EQUITY 00130H105 1 105 SH OTR 1, 2, 3, 4, 5 105 0 0 AT&T EQUITY 00206R102 1 29 SH OTR 1, 2, 3, 4, 5 29 0 0 The Kroger Co. EQUITY 501044101 1 39 SH OTR 1, 2, 3, 4, 5 39 0 0 Whirlpool Corp. EQUITY 963320106 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Southwest Airlines Co. EQUITY 844741108 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 FlexShares FLEXSHARES CREDIT-SCORED US CORPORATE BOND INDEX ETF 33939L761 1 20 SH OTR 1, 2, 3, 4, 5 20 0 0 Capital One Financial Corporation EQUITY 14040H105 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Jabil Circuit Inc. EQUITY 466313103 1 39 SH OTR 1, 2, 3, 4, 5 39 0 0 Centene Corp. EQUITY 15135B101 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Humana Inc. EQUITY 444859102 1 4 SH OTR 1, 2, 3, 4, 5 4 0 0 DR Horton Inc. EQUITY 23331A109 1 19 SH OTR 1, 2, 3, 4, 5 19 0 0 PVH Corp. EQUITY 693656100 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Loews Corporation EQUITY 540424108 1 19 SH OTR 1, 2, 3, 4, 5 19 0 0 iShares ISHARES BARCLAYS TIPS BOND ETF 464287176 1 8 SH OTR 1, 2, 3, 4, 5 8 0 0 GameStop Corp. EQUITY 36467W109 1 50 SH OTR 1, 2, 3, 4, 5 50 0 0 Longboard LONGBOARD MANAGED FUTURES STRATEGY FUND CLASS A 66538A430 1 76 SH OTR 1, 2, 3, 4, 5 76 0 0 Macy's, Inc. EQUITY 55616P104 1 35 SH OTR 1, 2, 3, 4, 5 35 0 0 Quanta Services, Inc. EQUITY 74762E102 1 22 SH OTR 1, 2, 3, 4, 5 22 0 0 Eastman Chemical Co. EQUITY 277432100 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Catalyst CATALYST/MILLBURN HEDGE STRATEGY FUND CLASS A 62827P832 1 27 SH OTR 1, 2, 3, 4, 5 27 0 0 United Continental Holdings, Inc. EQUITY 910047109 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 Jacobs Engineering Group Inc. EQUITY 469814107 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 JP Morgan JP MORGAN INCOME BUILDER CLASS A 4812A3288 1 74 SH OTR 1, 2, 3, 4, 5 74 0 0 McKesson Corporation EQUITY 58155Q103 1 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Michael Kors Holdings Ltd EQUITY G60754101 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 JPMorgan JPMORGAN CHASE & CO ALERIAN ML ETF 46625H365 1 27 SH OTR 1, 2, 3, 4, 5 27 0 0 Quest Diagnostics Inc. EQUITY 74834L100 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 UnitedHealth Group Incorporated EQUITY 91324P102 1 3 SH OTR 1, 2, 3, 4, 5 3 0 0 Citigroup Inc. EQUITY 172967424 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 VelocityShares VELOCITYSHARES INV VIX SH-TM 22542D795 1 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Freeport-McMoRan Inc. EQUITY 35671D857 1 35 SH OTR 1, 2, 3, 4, 5 35 0 0 Bed Bath & Beyond Inc. EQUITY 075896100 1 30 SH OTR 1, 2, 3, 4, 5 30 0 0 Laboratory Corp. of America Holdings EQUITY 50540R409 1 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Lennar Corporation EQUITY 526057104 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Leidos Holdings, Inc. EQUITY 525327102 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Marathon Petroleum Corporation EQUITY 56585A102 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Textron Inc. EQUITY 883203101 1 11 SH OTR 1, 2, 3, 4, 5 11 0 0 Foot Locker, Inc. EQUITY 344849104 1 13 SH OTR 1, 2, 3, 4, 5 13 0 0 Barclays IPATH S&P 500 VIX S/T FU ETN 06742E711 1 20 SH OTR 1, 2, 3, 4, 5 20 0 0 Torchmark Corporation EQUITY 891027104 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 AlphaCentric ALPHACENTRIC INCOME OPPORTUNITIES FUND CLASS A 62827M169 1 45 SH OTR 1, 2, 3, 4, 5 45 0 0 Arbitrage Funds THE ARBITRAGE FUND CLASS R 03875R106 1 43 SH OTR 1, 2, 3, 4, 5 43 0 0 Walgreens Boots Alliance, Inc. EQUITY 957638109 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 The Gap, Inc. EQUITY 364760108 1 15 SH OTR 1, 2, 3, 4, 5 15 0 0 United Rentals, Inc. EQUITY 911363109 1 3 SH OTR 1, 2, 3, 4, 5 3 0 0 International Paper Company EQUITY 460146103 0 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Genworth Financial, Inc. EQUITY 37247D106 0 157 SH OTR 1, 2, 3, 4, 5 157 0 0 Berkshire Hathaway B EQUITY 084670207 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Signet Jewelers Limited EQUITY G81276100 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Ameriprise Financial, Inc. EQUITY 03076C106 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 FlexShares FLEXSHARES QUALITY DIVIDEND INDEX ETF 33939L860 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Cardinal Health, Inc. EQUITY 14149Y108 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 American Airlines Group Inc. EQUITY 02376R102 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 NetApp, Inc. EQUITY 64110D104 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Progressive Corp Ohio EQUITY 743315103 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 FlexShares FLEXSHARES CREDIT-SCORED US LONG CORPORATE BOND INDEX ETF 33939L753 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Everest Re Group LTD EQUITY G3223R108 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 AutoNation, Inc. EQUITY 05329W102 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Cigna Corp. EQUITY 125509109 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 FlexShares FLEXSHARES INTERNATIONAL QUALITY DIVIDEND INDEX ETF 33939L837 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Dollar General Corp EQUITY 256677105 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Leucadia National Corp EQUITY 527288104 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Cummins Inc. EQUITY 231021106 0 1 SH OTR 1, 2, 3, 4, 5 1 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 Twenty-First Century Fox, Inc. EQUITY 90130A101 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Micron Technology, Inc. EQUITY 595112103 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 H&R Block EQUITY 093671105 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Alask Air Group Inc. EQUITY 011659109 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 Chubb Corp EQUITY H1467J104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Juniper Networks Inc EQUITY 48203R104 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 Legg Mason Inc. 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EQUITY 099724106 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Intel Corp EQUITY 458140100 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 Invesco Ltd. EQUITY 46127U104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Newell Rubbermaid Inc. EQUITY 651229106 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 Bank of America EQUITY 060505104 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 Fossil Group, Inc. EQUITY 349882100 0 3 SH OTR 1, 2, 3, 4, 5 3 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 Discovery Communications, Inc. EQUITY 25470F104 0 1 SH OTR 1, 2, 3, 4, 5 1 0 0 iShares ISHARES 1-3 YR TRS BD ETF 464287457 0 0 SH OTR 1, 2, 3, 4, 5 0 0 0 Vanguard VANGUARD S/T CORP BOND ETF 92206C409 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