📊13F filing for Q4 2017

📊13F filing for Q4 2017

ARLINGTON FINANCIAL ADVISORS, LLC Top Holdings

HTTP://WWW.ARLINGTONFINANCIALADVISORS.COM/

Arlington Financial Advisors is based out of Santa Barbara. Arlington Financial Advisors is a large advisory firm with More than 100 clients and discretionary assets under management (AUM) of $384,000,000 (Form ADV from 2017-09-15). Their last reported 13F filing for Q4 2017 included $212,069,000 in managed 13F securities and a top 10 holdings concentration of 61.69%. Arlington Financial Advisors’s largest holding is Schwab Fundamental U.S. Large Company Index ETF with shares held of 802,613. EMAIL ALERT

12/31/2017

Top Buys

Name% Change

FNDX Schwab Fundamental … 14.993%

VO Vanguard Mid-Cap ETF 11.727%

TDF Templeton Dragon Fu… 6.276%

PRF PowerShares Exchang… 6.107%

EMLP First Trust North A… 4.513%

https://whalewisdom.com/filer/arlington-financial-advisors-llc

MD FINANCIAL MANAGEMENT INC. Top Holdings

MD Financial Management is based out of Ottawa. Their last reported 13F filing for Q4 2017 included $2,045,089,000 in managed 13F securities and a top 10 holdings concentration of 52.16%. MD Financial Management’s largest holding is PowerShares Senior Loan Portfolio with shares held of 7,467,114.

12/31/2017

Top Buys

Name% Change

BKLN PowerShares Senior … 8.412%

VB Vanguard Small-Cap ETF 6.894%

PFF iShares S&P US Pref… 5.946%

VSS Vanguard FTSE All-W… 5.191%

GUNR FlexShares Mornings… 5.101%

https://whalewisdom.com/filer/md-financial-management-inc

ALLIED INVESTMENT ADVISORS, LLC Top Holdings

HTTP://WWW.ALLIEDINVEST.NET

Allied Investment Advisors is based out of Billings. Allied Investment Advisors is a large advisory firm with More than 100 clients and discretionary assets under management (AUM) of $231,446,834 (Form ADV from 2017-08-15). Their last reported 13F filing for Q4 2017 included $118,667,000 in managed 13F securities and a top 10 holdings concentration of 51.63%. Allied Investment Advisors’s largest holding is Vanguard Sector Index Funds Vanguard Health Care ETF with shares held of 58,874.

12/31/2017

Top Buys

Name% Change

VHT Vanguard Sector Ind… 7.648%

MSFT Microsoft Corp. 6.93%

VGT Vanguard Sector Ind… 5.389%

CAT Caterpillar Inc. 5.339%

JPM JPMorgan Chase & Co. 4.792%

https://whalewisdom.com/filer/allied-investment-advisors-llc

KOVACK ADVISORS, INC. Top Holdings

HTTP://KOVACKADVISORS.COM

Kovack Advisors is based out of Ft. Lauderdale. Kovack Advisors is a large advisory firm with More than 100 clients and discretionary assets under management (AUM) of $1,256,336,087 (Form ADV from 2017-06-16). Their last reported 13F filing for Q4 2017 included $193,302,000 in managed 13F securities and a top 10 holdings concentration of 33.61%. Kovack Advisors’s largest holding is Apple Inc with shares held of 136,334.

12/31/2017

Top Buys

Name% Change

AAPL Apple Inc 11.936%

AMZN Amazon.com Inc. 5.055%

FB Facebook Inc 3.089%

GOOGL ALPHABET INC COM ST… 2.503%

JNJ Johnson & Johnson Co. 2.339%

https://whalewisdom.com/filer/kovack-advisors-inc

FRONT ROW ADVISORS LLC Top Holdings

Front ROW Advisors is based out of Tiburon. Their last reported 13F filing for Q4 2017 included $125,583,000 in managed 13F securities and a top 10 holdings concentration of 25.04%. Front ROW Advisors’s largest holding is Apple Inc with shares held of 49,572.

12/31/2017

Top Buys

Name% Change

AAPL Apple Inc 6.68%

CVX Chevron Corp. 2.913%

MSFT Microsoft Corp. 2.876%

ABBV AbbVie Inc 2.141%

INTC Intel Corp. 1.992%

https://whalewisdom.com/filer/front-row-advisors-llc