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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 (2016Q1)
Portfolio Summary: 188 holdings with a total value of $191,272,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 6,596 722,000 0.38%
52 BLACKROCK INC 76,503 720,000 0.38%
53 JOHNSON & JOHNSON 6,567 711,000 0.37%
54 PROCTER AND GAMBLE CO 8,388 690,000 0.36%
55 VANGUARD BD INDEX FDS 8,228 681,000 0.36%
56 EXXON MOBIL CORP 8,141 680,000 0.36%
57 SELECT SECTOR SPDR TR 10,944 677,000 0.35%
58 FIRST TR MLP & ENERGY INCOME F COM 49,500 673,000 0.35%
59 MICROSOFT CORP 12,033 665,000 0.35%
60 WISDOMTREE TR 14,933 653,000 0.34%
61 VANGUARD SCOTTSDALE FDS 8,132 651,000 0.34%
62 ALTRIA GROUP INC 9,901 620,000 0.32%
63 POWERSHARES QQQ TRUST 5,667 619,000 0.32%
64 VANGUARD SPECIALIZED FUNDS 7,582 616,000 0.32%
65 FACEBOOK INC 5,341 609,000 0.32%
66 iShares Mortgage Real Estate C 62,322 603,000 0.32%
67 ALPHABET INC 804 599,000 0.31%
68 SELECT SECTOR SPDR TR 26,547 597,000 0.31%
69 CLAYMORE ETF GUGGENHEIM MID-CAP 11,866 579,000 0.30%
70 FIRST TR EXCH TRADED FD III 17,326 554,000 0.29%
71 ISHARES TR 4,868 552,000 0.29%
72 STARBUCKS CORP 9,185 548,000 0.29%
73 DOUBLELINE OPPORTUNISTIC CR 20,177 537,000 0.28%
74 BANK AMERICA CORP 39,604 535,000 0.28%
75 POWERSHARES BUILD AMERICA BOND PORTFOLIO ETF 17,689 534,000 0.28%
76 POWERSHARES ETF TR II 14,250 529,000 0.28%
77 ABBVIE INC 9,237 528,000 0.28%
78 POWERSHARES ETF TRUST II 23,257 528,000 0.28%
79 AMGEN INC 3,504 525,000 0.27%
80 BERKSHIRE HATHAWAY INC DE CL B NEW 3,675 521,000 0.27%
81 NIKE INC 8,457 520,000 0.27%
82 TWITTER INC 31,200 516,000 0.27%
83 iPath S&P 500 VIX Short-Term F 29,000 511,000 0.27%
84 COCA COLA CO 11,004 510,000 0.27%
85 VANGUARD WHITEHALL FDS 7,190 496,000 0.26%
86 ISHARES TR 4,136 491,000 0.26%
87 BARINGS PARTN INVS TRUST 34,145 488,000 0.26%
88 DBX ETF TR 25,820 487,000 0.25%
89 HANCOCK JOHN PFD INCOME FD I 25,293 477,000 0.25%
90 ADVISORSHARES TR 8,481 477,000 0.25%
91 POWERSHARES ETF TR II 11,690 471,000 0.25%
92 WHIRLPOOL CORP 2,614 471,000 0.25%
93 ISHARES 19,800 469,000 0.25%
94 COLGATE PALMOLIVE CO 6,459 456,000 0.24%
95 ISHARES TR 2,203 455,000 0.24%
96 SHELL MIDSTREAM PARTNERS L P 12,232 448,000 0.23%
97 POWERSHARES ETF TR II 17,335 446,000 0.23%
98 POWERSHARES ETF TRUST 14,188 427,000 0.22%
99 FIRST TR INTER DUR PFD & IN 18,919 427,000 0.22%
100 ALIBABA GROUP HLDG LTD 5,250 415,000 0.22%
Page 2 of 4

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001580642-16-008507, filed 2016.05.03).

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.