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Institutional Investment Manager
Partnervest Advisory Services LLC
Partnervest Advisory Services LLC (CIK: 0001532516) incorporated in California, located at 360 S. Hope Ave., Santa Barbara, CA. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q3)
Portfolio Summary: 151 holdings with a total value of $192,136,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 METLIFE INC 6,337 340,000 0.18%
52 ADVISORSHARES TR 6,558 340,000 0.18%
53 POWERSHARES DB G10 CURRENCY HARVEST FUND 13,386 344,000 0.18%
54 UNITED TECHNOLOGIES CORP 3,292 348,000 0.18%
55 FIRST TR LRGE CP CORE ALPHA 8,159 355,000 0.18%
56 THERMO FISHER SCIENTIFIC INC 2,950 358,000 0.19%
57 CISCO SYS INC 14,223 358,000 0.19%
58 RYDEX ETF TRUST 2,931 359,000 0.19%
59 PEPSICO INC 3,937 366,000 0.19%
60 PROCTER AND GAMBLE CO 4,369 366,000 0.19%
61 PETROLEO BRASILEIRO SA PETRO 25,883 367,000 0.19%
62 MCDONALDS CORP 3,922 372,000 0.19%
63 SPDR SERIES TRUST LEHMAN SHORT TERM INTL 10,955 373,000 0.19%
64 VANGUARD MORTG-BACK SEC ETF 7,105 374,000 0.19%
65 SANOFI 6,649 375,000 0.20%
66 CLAYMORE ETF GUGGENHEIM ENHANCED 7,598 381,000 0.20%
67 CITIGROUPINC 7,425 385,000 0.20%
68 MOLSON COORS BREWING CO 5,215 388,000 0.20%
69 CLAYMORE EXCHANGE TRD FD TR 18,729 396,000 0.21%
70 INTEL CORP 11,485 400,000 0.21%
71 COLGATE PALMOLIVE CO 6,157 402,000 0.21%
72 BANK AMERICA CORP 24,952 425,000 0.22%
73 ROYAL DUTCH SHELL PLC 5,728 436,000 0.23%
74 Baxter Intl Inc 6,241 448,000 0.23%
75 PFIZER INC 15,197 449,000 0.23%
76 TAIWAN SEMICONDUCTOR MFG LTD 22,293 450,000 0.23%
77 CONOCOPHILLIPS 6,005 459,000 0.24%
78 POWERSHARES ETF TRUST II 19,146 465,000 0.24%
79 TOTAL S A 7,319 472,000 0.25%
80 ISHARES TR 2,390 474,000 0.25%
81 ISHARES TR 7,632 478,000 0.25%
82 FACEBOOK INC 6,054 479,000 0.25%
83 VANGUARD SPECIALIZED FUNDS 6,496 500,000 0.26%
84 ISHARES TR 3,598 505,000 0.26%
85 VANGUARD SCOTTSDALE FDS 6,497 519,000 0.27%
86 SELECT SECTOR SPDR TR 12,818 539,000 0.28%
87 ISHARES TR 7,435 549,000 0.29%
88 MICROSOFT CORP 11,900 552,000 0.29%
89 JPMORGAN CHASE & CO 9,268 558,000 0.29%
90 PROSHARES TR 23,200 572,000 0.30%
91 ISHARES COHEN & STEERS REIT ETF 6,798 574,000 0.30%
92 BANK AMER CORP 78,757 591,000 0.31%
93 ISHARES TR 3,981 601,000 0.31%
94 SPDR S&P MIDCAP 400 ETF TR 2,463 614,000 0.32%
95 EXXON MOBIL CORP 6,592 620,000 0.32%
96 ALTRIA GROUP INC 13,857 637,000 0.33%
97 ISHARES 9,548 637,000 0.33%
98 LINN CO LLC 22,304 646,000 0.34%
99 POWERSHARES QQQ TRUST 6,648 657,000 0.34%
100 PHILIP MORRIS INTL INC 8,121 677,000 0.35%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000910472-14-004928, filed 2014.11.07).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.