Chief Executive Officer

0001615774-18-011644.txt : 20181031 0001615774-18-011644.hdr.sgml : 20181031 20181031142427 ACCESSION NUMBER: 0001615774-18-011644 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180930 FILED AS OF DATE: 20181031 DATE AS OF CHANGE: 20181031 EFFECTIVENESS DATE: 20181031 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: 181149802 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 09-30-2018 09-30-2018 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 10-31-2018 5 238 176253 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 17048 735772 SH OTR 1, 2, 3, 4, 5 735772 0 0 iShares ISHARES IBOXX HI YD CP BD ETF 464288513 12609 145875 SH OTR 1, 2, 3, 4, 5 145875 0 0 iShares ISHARES GLOBAL ENERGY ETF 464287341 8851 234644 SH OTR 1, 2, 3, 4, 5 234644 0 0 iShares iShares Global Tech ETF 464287291 8797 50233 SH OTR 1, 2, 3, 4, 5 50233 0 0 iShares ISHARES GLOBAL HEALTHCARE ET 464287325 8791 139585 SH OTR 1, 2, 3, 4, 5 139585 0 0 iShares ISHARES GLOBAL CONSUMER DISC 464288745 8729 72667 SH OTR 1, 2, 3, 4, 5 72667 0 0 iShares ISHARES GLOBAL UTILITIES ETF 464288711 8617 175001 SH OTR 1, 2, 3, 4, 5 175001 0 0 iShares ISHARES MORTGAGE REAL ESTATE 464288539 8186 187917 SH OTR 1, 2, 3, 4, 5 187917 0 0 SPDR SELECT SECTOR SPDR COMM SVCS 81369Y852 6117 124836 SH OTR 1, 2, 3, 4, 5 124836 0 0 iShares ISHARES GLOBAL INDUSTRIALS E 464288729 5635 60166 SH OTR 1, 2, 3, 4, 5 60166 0 0 iShares ISHARES U.S. PREFERRED STOCK ETF 464288687 5462 147109 SH OTR 1, 2, 3, 4, 5 147109 0 0 Van Eck VANECK VECTORS PREFERRED SECURITIES EX FINANCIALS ETF 92189F429 4641 238962 SH OTR 1, 2, 3, 4, 5 238962 0 0 PowerShares POWERSHARES GLOBAL ETF FD S&P 500 BUYWRT 73936G308 4557 200940 SH OTR 1, 2, 3, 4, 5 200940 0 0 iShares ISHARES GLOBAL TELECOM ETF 464287275 4385 75757 SH OTR 1, 2, 3, 4, 5 75757 0 0 SPDR TECHNOLOGY SELECT SECT SPDR 81369Y803 3977 52801 SH OTR 1, 2, 3, 4, 5 52801 0 0 SPDR SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 3976 41790 SH OTR 1, 2, 3, 4, 5 41790 0 0 SPDR SECTOR SPDR TR SHS BEN INT EN 81369y506 3973 52457 SH OTR 1, 2, 3, 4, 5 52457 0 0 SPDR CONSUMER DISCRETIONARY SELT 81369Y407 3950 33694 SH OTR 1, 2, 3, 4, 5 33694 0 0 SPDR SECTOR SPDR TR SHS BEN INT UTILITIES 81369Y886 3909 74246 SH OTR 1, 2, 3, 4, 5 74246 0 0 SPDR CONSUMER STAPLES SPDR 81369Y308 3861 71601 SH OTR 1, 2, 3, 4, 5 71601 0 0 SPDR INDUSTRIAL SELECT SECT SPDR 81369Y704 3861 49244 SH OTR 1, 2, 3, 4, 5 49244 0 0 SPDR SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 3781 137074 SH OTR 1, 2, 3, 4, 5 137074 0 0 Recon Capital RECON CAPITAL NASDAQ 100 COVERED CALL ETF 75623U102 3018 120090 SH OTR 1, 2, 3, 4, 5 120090 0 0 Vanguard VANGUARD REIT VIPER 922908553 2726 33787 SH OTR 1, 2, 3, 4, 5 33787 0 0 SPDR SPDR BARCLAYS CONV SEC ETF 78464A359 2244 41609 SH OTR 1, 2, 3, 4, 5 41609 0 0 Fidelity FIDELITY MSCI INFORMATION TECH INDEX ETF 316092808 2144 35598 SH OTR 1, 2, 3, 4, 5 35598 0 0 Fidelity FIDELITY MSCI ENERGY INDEX ETF 316092402 2142 100725 SH OTR 1, 2, 3, 4, 5 100725 0 0 Fidelity FIDELITY MSCI HEALTH CARE INDEX ETF 316092600 2141 45766 SH OTR 1, 2, 3, 4, 5 45766 0 0 Fidelity FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF 316092204 2129 46786 SH OTR 1, 2, 3, 4, 5 46786 0 0 Fidelity FIDELITY MSCI UTILITIES INDEX ETF 316092865 2107 60521 SH OTR 1, 2, 3, 4, 5 60521 0 0 Fidelity FIDELITY MSCI INDUSTRIALS INDEX ETF 316092709 2088 51928 SH OTR 1, 2, 3, 4, 5 51928 0 0 Fidelity FIDELITY MSCI CONSUMER STAPLES INDEX ETF 316092303 2077 63836 SH OTR 1, 2, 3, 4, 5 63836 0 0 Fidelity FIDELITY MSCI FINANCIALS INDEX ETF 316092501 2041 50615 SH OTR 1, 2, 3, 4, 5 50615 0 0 Vanguard VANGUARD HIGH DVD YIELD ETF 921946406 1925 22100 SH OTR 1, 2, 3, 4, 5 22100 0 0 JPMorgan JPMORGAN CHASE & CO ALERIAN ML ETF 46625H365 1589 57872 SH OTR 1, 2, 3, 4, 5 57872 0 0 iShares ISHARES 20+ YEAR TREASURY BO 464287432 1357 11574 SH OTR 1, 2, 3, 4, 5 11574 0 0 PowerShares PowerShares Variable Rate Preferred Portfolio 73937B597 874 35133 SH OTR 1, 2, 3, 4, 5 35133 0 0 iShares ISHARES CONVERTIBLE BOND ETF 46435G102 746 12470 SH OTR 1, 2, 3, 4, 5 12470 0 0 Global X GLOBAL X MLP ETF 37950E473 526 55099 SH OTR 1, 2, 3, 4, 5 55099 0 0 Van Eck MARKET VECTORS EMERGING MARK 57060U522 53 3235 SH OTR 1, 2, 3, 4, 5 3235 0 0 Van Eck MARKET VECTORS ETF TR 57060U878 26 842 SH OTR 1, 2, 3, 4, 5 842 0 0 ProShares PROSHARES S&P500 ARISTOCRATS 74348A467 24 361 SH OTR 1, 2, 3, 4, 5 361 0 0 iShares ISHARES TR CORE S&P SCP ETF 464287804 23 258 SH OTR 1, 2, 3, 4, 5 258 0 0 Schwab SCHWAB US LARGE-CAP ETF 808524201 22 318 SH OTR 1, 2, 3, 4, 5 318 0 0 PowerShares POWERSHARES S&P SC INDUSTRIA 73937B878 18 239 SH OTR 1, 2, 3, 4, 5 239 0 0 PowerShares POWERSHARES S&P SC HEALTH CA 73937B886 17 124 SH OTR 1, 2, 3, 4, 5 124 0 0 PowerShares POWERSHARES S&P SC FINANCIAL 73937B803 17 304 SH OTR 1, 2, 3, 4, 5 304 0 0 PowerShares POWERSHARES S&P SC MATERIALS 73937B852 17 318 SH OTR 1, 2, 3, 4, 5 318 0 0 PowerShares POWERSHARES S&P SC CONS-DISC 73937B506 17 250 SH OTR 1, 2, 3, 4, 5 250 0 0 PowerShares POWERSHARES S&P SC INFO TECH 73937B860 17 204 SH OTR 1, 2, 3, 4, 5 204 0 0 PowerShares POWERSHARES S&P SC CONS STAP 73937B605 16 196 SH OTR 1, 2, 3, 4, 5 196 0 0 PowerShares POWERSHARES S&P SC UTILITIES 73937B837 16 271 SH OTR 1, 2, 3, 4, 5 271 0 0 PowerShares POWERSHARES S&P SC ENERGY 73937B704 16 968 SH OTR 1, 2, 3, 4, 5 968 0 0 JP Morgan JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF 46641Q407 14 187 SH OTR 1, 2, 3, 4, 5 187 0 0 iShares ISHARES MSCI USA MINIMUM VOL 46429B697 12 217 SH OTR 1, 2, 3, 4, 5 217 0 0 iShares ISHARES TR FLTG RATENT ETF 46429B655 12 241 SH OTR 1, 2, 3, 4, 5 241 0 0 Vanguard VANGUARD FTSE ALL-WORLD EX-U 922042775 12 228 SH OTR 1, 2, 3, 4, 5 228 0 0 iShares ISHAES EDGE MSCI MULTIFACTOR USA ETF 46434V282 9 274 SH OTR 1, 2, 3, 4, 5 274 0 0 PROSHARES PROSHARES LARGE CAP CORE PLUS ETF 74347R248 9 119 SH OTR 1, 2, 3, 4, 5 119 0 0 ProShares PROSHARES HEDGE REPLICAT ETF 74347X294 8 186 SH OTR 1, 2, 3, 4, 5 186 0 0 Guggenheim GUGGENHEIM S&P 500 PURE VALU 78355W304 8 122 SH OTR 1, 2, 3, 4, 5 122 0 0 iShares ISHARES MSCI USA MOMENTUM 46432F396 8 68 SH OTR 1, 2, 3, 4, 5 68 0 0 PIMCO PIMCO ETF TR 0-5 YR HIGH YIELD CORP 72201R783 7 74 SH OTR 1, 2, 3, 4, 5 74 0 0 iShares ISHARES - LEHMAN 7-10 YR. TREA 464287440 6 64 SH OTR 1, 2, 3, 4, 5 64 0 0 Valero Energy Corporation EQUITY 91913Y100 6 54 SH OTR 1, 2, 3, 4, 5 54 0 0 PROSHARES PROSHARES ULTRA S&P500 ETF 74347R107 6 47 SH OTR 1, 2, 3, 4, 5 47 0 0 Anthem, Inc. EQUITY 94973V107 6 22 SH OTR 1, 2, 3, 4, 5 22 0 0 Guggenheim GUGGENHEIM S&P 500 EQUAL WEI 78355W106 6 55 SH OTR 1, 2, 3, 4, 5 55 0 0 PROSHARES PROSHARES UNLTRA 7-10 YR US TREASURY ETF 74347R180 5 99 SH OTR 1, 2, 3, 4, 5 99 0 0 HP Inc. EQUITY 40434L105 5 194 SH OTR 1, 2, 3, 4, 5 194 0 0 GlobalX GLOBALX SCIENTIFIC BETA U.S. ETF 37954Y103 5 148 SH OTR 1, 2, 3, 4, 5 148 0 0 Vanguard VANGUARD INTERMEDIATE-TERM GOVERNMENT BOND ETF 92206C706 5 77 SH OTR 1, 2, 3, 4, 5 77 0 0 ProShares PROSHARES RAFI LONG/SHORT 74347X310 5 129 SH OTR 1, 2, 3, 4, 5 129 0 0 BlackRock BLACKROCK MULTI-ASSET INCOME PORTFOLIO CLASS A 09256H351 4 403 SH OTR 1, 2, 3, 4, 5 403 0 0 ProShares IQ MERGER ARBITRAGE ETF 45409B800 4 135 SH OTR 1, 2, 3, 4, 5 135 0 0 PIMCO PIMCO INCOME FUND CLASS A 78464A516 4 359 SH OTR 1, 2, 3, 4, 5 359 0 0 IndexIQ IQ HEDGE MULTI-STRAT TRACKER 45409B107 4 139 SH OTR 1, 2, 3, 4, 5 139 0 0 Newfound Research NEWFOUND MULTI-ASSET INCOME FUND CLASS A 66538G825 4 439 SH OTR 1, 2, 3, 4, 5 439 0 0 Vanguard VANGUARD LONG-TERM CORP BOND 92206C813 4 47 SH OTR 1, 2, 3, 4, 5 47 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 43 SH OTR 1, 2, 3, 4, 5 43 0 0 iShares ISHARES BARCLAYS 0-5 YR TIPS BOND ETF 46429B747 4 41 SH OTR 1, 2, 3, 4, 5 41 0 0 WisdomTree WISDOMTREE BBG USD BULLISH 97717W471 4 147 SH OTR 1, 2, 3, 4, 5 147 0 0 Tyson Foods, Inc. EQUITY 902494103 4 66 SH OTR 1, 2, 3, 4, 5 66 0 0 JP Morgan JPMORGAN DIVERSIFIED RETURN INTERNATIONAL EQUITY ETF 46641Q209 4 67 SH OTR 1, 2, 3, 4, 5 67 0 0 Vanguard VANGUARD FTSE ALL WO X-US SC 922042718 4 34 SH OTR 1, 2, 3, 4, 5 34 0 0 Micron Technology, Inc. EQUITY 595112103 4 78 SH OTR 1, 2, 3, 4, 5 78 0 0 PowerShares POWERSHARES MULTISTRAT ETF 73935B870 3 161 SH OTR 1, 2, 3, 4, 5 161 0 0 Exelon Corporation EQUITY 30161N101 3 78 SH OTR 1, 2, 3, 4, 5 78 0 0 PowerShares POWERSHARES EM MKT SOVR DEBT 73936T573 3 125 SH OTR 1, 2, 3, 4, 5 125 0 0 Cigna Corp. EQUITY 125509109 3 16 SH OTR 1, 2, 3, 4, 5 16 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 iShares ISHARES EDGE MSCI USA VALUE ETF 46432F388 3 36 SH OTR 1, 2, 3, 4, 5 36 0 0 Archer-Daniels-Midland Company EQUITY 039483102 3 61 SH OTR 1, 2, 3, 4, 5 61 0 0 Express Scripts Holding Company EQUITY 30219G108 3 31 SH OTR 1, 2, 3, 4, 5 31 0 0 UnitedHealth Group Incorporated EQUITY 91324P102 3 10 SH OTR 1, 2, 3, 4, 5 10 0 0 The Allstate Corporation EQUITY 020002101 3 27 SH OTR 1, 2, 3, 4, 5 27 0 0 Bank of America EQUITY 060505104 3 90 SH OTR 1, 2, 3, 4, 5 90 0 0 Best Buy Co., Inc. EQUITY 086516101 3 33 SH OTR 1, 2, 3, 4, 5 33 0 0 Intel Corp EQUITY 458140100 3 53 SH OTR 1, 2, 3, 4, 5 53 0 0 CA TECHNOLOGIES EQUITY 204912109 2 56 SH OTR 1, 2, 3, 4, 5 56 0 0 Vanguard VANGUARD TOTAL INTERNATIONAL BOND ETF 92203J407 2 44 SH OTR 1, 2, 3, 4, 5 44 0 0 HCA HEALTHCARE INC EQUITY 40412C101 2 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Goldman Sachs GOLDMAN SACHS ACTIVEBETA EMERGING MARKETS EQUITY ETF 381430206 2 69 SH OTR 1, 2, 3, 4, 5 69 0 0 Marathon Petroleum Corporation EQUITY 56585A102 2 28 SH OTR 1, 2, 3, 4, 5 28 0 0 CREDIT SUISSE CREDIT SUISSE MANAGED FUTURES STRATEGY FUND CLASS A 22540S737 2 227 SH OTR 1, 2, 3, 4, 5 227 0 0 Discover Financial Services EQUITY 254709108 2 28 SH OTR 1, 2, 3, 4, 5 28 0 0 WisdomTree WISDOMTREE CBOE S&P 500 PUTWRITE STRATEGY FUND 97717X560 2 69 SH OTR 1, 2, 3, 4, 5 69 0 0 Aflac Incorporated EQUITY 001055102 2 43 SH OTR 1, 2, 3, 4, 5 43 0 0 First Trust FIRST TRUST LONG/SHORT EQUITY 33739P103 2 49 SH OTR 1, 2, 3, 4, 5 49 0 0 Xerox Corporation EQUITY 984121103 2 74 SH OTR 1, 2, 3, 4, 5 74 0 0 Ameriprise Financial, Inc. EQUITY 03076C106 2 13 SH OTR 1, 2, 3, 4, 5 13 0 0 Target Corp. EQUITY 87612E106 2 21 SH OTR 1, 2, 3, 4, 5 21 0 0 iShares ISHARES GOLD TRUST ETF 464285105 2 161 SH OTR 1, 2, 3, 4, 5 161 0 0 Cummins Inc. EQUITY 231021106 2 12 SH OTR 1, 2, 3, 4, 5 12 0 0 PowerShares POWERSHARES OPTIMUM YIELD DIVERSIFIED COMMODITY INDEX ETF 73937V106 2 91 SH OTR 1, 2, 3, 4, 5 91 0 0 Exchanged Traded Concepts ALPHACLONE ALTERNATIVE ALPHA 26922A305 2 33 SH OTR 1, 2, 3, 4, 5 33 0 0 Quest Diagnostics Inc. EQUITY 74834L100 2 15 SH OTR 1, 2, 3, 4, 5 15 0 0 J.P. MORGAN CHASE CO EQUITY 46625H100 2 14 SH OTR 1, 2, 3, 4, 5 14 0 0 DARDEN RESTAURANTS INC EQUITY 237194105 2 14 SH OTR 1, 2, 3, 4, 5 14 0 0 Kohl's Corp. EQUITY 500255104 2 21 SH OTR 1, 2, 3, 4, 5 21 0 0 iShares ISHARES CORE US AGGREGATE BOND ETF 464287226 2 15 SH OTR 1, 2, 3, 4, 5 15 0 0 LyondellBasell Industries EQUITY N57345100 2 15 SH OTR 1, 2, 3, 4, 5 15 0 0 FIFTH THIRD BANCORP EQUITY 000316773 1 53 SH OTR 1, 2, 3, 4, 5 53 0 0 Western Digital Corporation EQUITY 958102105 1 24 SH OTR 1, 2, 3, 4, 5 24 0 0 Southwest Airlines Co. EQUITY 844741108 1 22 SH OTR 1, 2, 3, 4, 5 22 0 0 Lam Research Corporation EQUITY 512807108 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 WisdomTree WISDOMTREE CARCLAYS YIELD ENHANCED US AGGREGATE BOND ETF 97717X511 1 28 SH OTR 1, 2, 3, 4, 5 28 0 0 JP Morgan JP MORGAN SYSTEMATIC ALPHA FUND CLASS A 46637K620 1 95 SH OTR 1, 2, 3, 4, 5 95 0 0 Jacobs Engineering Group Inc. EQUITY 469814107 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Centene Corp. EQUITY 15135B101 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 Robert Half Intl, Inc. EQUITY 770323103 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 Eastman Chemical Co. EQUITY 277432100 1 13 SH OTR 1, 2, 3, 4, 5 13 0 0 Delta Air Lines, Inc. EQUITY 247361702 1 22 SH OTR 1, 2, 3, 4, 5 22 0 0 GILEAD SCIENCES INC EQUITY 375558103 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 CVS Health Corporation EQUITY 126650100 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 Citigroup Inc. EQUITY 172967424 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Michael Kors Holdings Ltd EQUITY G60754101 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 TERADATA CORPORATION EQUITY 88076W103 1 32 SH OTR 1, 2, 3, 4, 5 32 0 0 Capital One Financial Corporation EQUITY 14040H105 1 13 SH OTR 1, 2, 3, 4, 5 13 0 0 L-3 Communications Holdings Inc. EQUITY 502424104 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 The Goldman Sachs Group, Inc. EQUITY 38141G104 1 5 SH OTR 1, 2, 3, 4, 5 5 0 0 SUNTRUST BANKS INC EQUITY 867914889 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 REPUBLIC SERVICES INC EQUITY 760759100 1 15 SH OTR 1, 2, 3, 4, 5 15 0 0 Foot Locker, Inc. EQUITY 344849104 1 22 SH OTR 1, 2, 3, 4, 5 22 0 0 FirstEnergy Corp. EQUITY 337932107 1 29 SH OTR 1, 2, 3, 4, 5 29 0 0 Eaton Corporation plc EQUITY G29183103 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 MYLAN NV EQUITY N59465109 1 28 SH OTR 1, 2, 3, 4, 5 28 0 0 EBAY INC EQUITY 278642103 1 31 SH OTR 1, 2, 3, 4, 5 31 0 0 INTERNATIONAL BUSINESS MACHINES EQUITY 459200101 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 FlexShares FLEXSHARES CREDIT-SCORED US CORPORATE BOND INDEX ETF 33939L761 1 19 SH OTR 1, 2, 3, 4, 5 19 0 0 The Kroger Co. EQUITY 501044101 1 29 SH OTR 1, 2, 3, 4, 5 29 0 0 Longboard LONGBOARD MANAGED FUTURES STRATEGY FUND CLASS A 66538A430 1 76 SH OTR 1, 2, 3, 4, 5 76 0 0 TRANSOCEAN LTD EQUITY H8817H100 1 59 SH OTR 1, 2, 3, 4, 5 59 0 0 JP Morgan JP MORGAN INCOME BUILDER CLASS A 4812A3288 1 77 SH OTR 1, 2, 3, 4, 5 77 0 0 H&R Block EQUITY 093671105 1 31 SH OTR 1, 2, 3, 4, 5 31 0 0 FIRST SOLAR INC EQUITY 336433107 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 Entergy Corporation EQUITY 29364G103 1 9 SH OTR 1, 2, 3, 4, 5 9 0 0 ST JUDE MEDICAL INC EQUITY 832696405 1 7 SH OTR 1, 2, 3, 4, 5 7 0 0 iShares ISHARES BARCLAYS TIPS BOND ETF 464287176 1 6 SH OTR 1, 2, 3, 4, 5 6 0 0 Juniper Networks Inc EQUITY 48203R104 1 23 SH OTR 1, 2, 3, 4, 5 23 0 0 Humana Inc. EQUITY 444859102 1 2 SH OTR 1, 2, 3, 4, 5 2 0 0 EDISON INTERNATIONAL EQUITY 281020107 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 Unum Group EQUITY 91529Y106 1 17 SH OTR 1, 2, 3, 4, 5 17 0 0 Nucor Corporation EQUITY 670346105 1 10 SH OTR 1, 2, 3, 4, 5 10 0 0 PUBLIC SERVICES ENTERPRISE GROUP EQUITY 744573106 1 12 SH OTR 1, 2, 3, 4, 5 12 0 0 The Travelers Companies, Inc. EQUITY 89417E109 1 5 SH OTR 1, 2, 3, 4, 5 5 0 0 KEYCORP EQUITY 493267108 1 31 SH OTR 1, 2, 3, 4, 5 31 0 0 DR Horton Inc. EQUITY 23331A109 1 14 SH OTR 1, 2, 3, 4, 5 14 0 0 GRAHAM HOLDINGS CO EQUITY 384637104 1 1 SH OTR 1, 2, 3, 4, 5 1 0 0 AlphaCentric ALPHACENTRIC INCOME OPPORTUNITIES FUND CLASS A 62827M169 1 47 SH OTR 1, 2, 3, 4, 5 47 0 0 Macy's, Inc. EQUITY 55616P104 1 16 SH OTR 1, 2, 3, 4, 5 16 0 0 SNAP ON INC EQUITY 833034101 1 3 SH OTR 1, 2, 3, 4, 5 3 0 0 PACCAR INC EQUITY 693718108 1 8 SH OTR 1, 2, 3, 4, 5 8 0 0 Arbitrage Funds THE ARBITRAGE FUND CLASS R 03875R106 1 43 SH OTR 1, 2, 3, 4, 5 43 0 0 The Goodyear Tire & Rubber Company EQUITY 382550101 1 23 SH OTR 1, 2, 3, 4, 5 23 0 0 Ford Motor Co. EQUITY 345370860 1 56 SH OTR 1, 2, 3, 4, 5 56 0 0 Viacom, Inc. EQUITY 92553P201 1 15 SH OTR 1, 2, 3, 4, 5 15 0 0 The Gap, Inc. EQUITY 364760108 1 18 SH OTR 1, 2, 3, 4, 5 18 0 0 PFIZER INC EQUITY 717081103 0 11 SH OTR 1, 2, 3, 4, 5 11 0 0 United Rentals, Inc. EQUITY 911363109 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 ALLIANCE DATA SYSTEMS CORP EQUITY 018581108 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 General Motors Company EQUITY 37045V100 0 14 SH OTR 1, 2, 3, 4, 5 14 0 0 Urban Outfitters, Inc. EQUITY 917047102 0 11 SH OTR 1, 2, 3, 4, 5 11 0 0 PVH Corp. EQUITY 693656100 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 EXXON MOBIL CORP EQUITY 30231G102 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 International Paper Company EQUITY 460146103 0 9 SH OTR 1, 2, 3, 4, 5 9 0 0 BANK OF NEW YORK MELLON EQUITY 064058100 0 8 SH OTR 1, 2, 3, 4, 5 8 0 0 INGERSOLL-RAND PLC EQUITY G47791101 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Whirlpool Corp. EQUITY 963320106 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 GameStop Corp. EQUITY 36467W109 0 26 SH OTR 1, 2, 3, 4, 5 26 0 0 CARNIVAL CORP EQUITY 143658300 0 6 SH OTR 1, 2, 3, 4, 5 6 0 0 JEFFERIES GROUP INC EQUITY 472319102 0 17 SH OTR 1, 2, 3, 4, 5 17 0 0 United Continental Holdings, Inc. EQUITY 910047109 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 FlexShares FLEXSHARES QUALITY DIVIDEND INDEX ETF 33939L860 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 Prudential Financial, Inc. EQUITY 744320102 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 PG&E Corporation EQUITY 69331C108 0 7 SH OTR 1, 2, 3, 4, 5 7 0 0 AMERICAN EXPRESS CO EQUITY 025816109 0 3 SH OTR 1, 2, 3, 4, 5 3 0 0 CONSOLIDATED EDISON INC EQUITY 209115104 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 COGNIZANT TECH SOLUTIONS EQUITY 192446102 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Lincoln National Corporation EQUITY 534187109 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 WESTERN UNION COMPANY EQUITY 959802109 0 15 SH OTR 1, 2, 3, 4, 5 15 0 0 Cardinal Health, Inc. EQUITY 14149Y108 0 5 SH OTR 1, 2, 3, 4, 5 5 0 0 HOLLYFRONTIER CORPORATION EquiTY 436106108 0 4 SH OTR 1, 2, 3, 4, 5 4 0 0 Bed Bath & Beyond Inc. EQUITY 075896100 0 18 SH OTR 1, 2, 3, 4, 5 18 0 0 McKesson Corporation EQUITY 58155Q103 0 2 SH OTR 1, 2, 3, 4, 5 2 0 0 PulteGroup, Inc. 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