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Institutional Investment Manager
CWM, LLC
CWM, LLC (CIK: 0001535847) incorporated in Nebraska, located at 14600 Branch St., Omaha, NE. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 1,044 holdings with a total value of $1,448,734,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 ISHARES TR 15,707 1,915,000 0.13%
152 ISHARES TR MSCI UTD KNGDM 120,499 1,909,000 0.13%
153 NOBLE ENERGY INC 52,918 1,891,000 0.13%
154 AT&T INC 39,474 1,603,000 0.11%
155 ISHARES TR 13,134 1,598,000 0.11%
156 RANGE RES CORP 40,619 1,574,000 0.11%
157 ISHARES TR 16,553 1,572,000 0.11%
158 ISHARES TR 8,317 1,354,000 0.09%
159 ALIBABA GROUP HLDG LTD 12,270 1,298,000 0.09%
160 VANGUARD INDEX FDS 9,940 1,287,000 0.09%
161 DEVON ENERGY CORP NEW 28,855 1,273,000 0.09%
162 GRIFOLS S A SP ADR REP B 79,015 1,262,000 0.09%
163 CLAYMORE EXCHANGE TRD FD TR 63,611 1,233,000 0.09%
164 PIONEER NAT RES CO 6,608 1,227,000 0.08%
165 APACHE CORP 18,956 1,211,000 0.08%
166 HALLIBURTON CO 25,164 1,129,000 0.08%
167 ANADARKO PETE CORP 17,558 1,112,000 0.08%
168 DIAMONDBACK ENERGY INC 11,521 1,112,000 0.08%
169 ENSCO PLC 127,898 1,087,000 0.08%
170 CABOT OIL & GAS CORP 41,485 1,070,000 0.07%
171 SELECT SECTOR SPDR TR 18,100 963,000 0.07%
172 AMAZON COM INC 1,107 927,000 0.06%
173 DOMINION DIAMOND CORP 93,734 913,000 0.06%
174 BERKSHIRE HATHAWAY INC DEL 4 865,000 0.06%
175 MATTEL INC 28,466 862,000 0.06%
176 SELECT SECTOR SPDR TR 14,479 845,000 0.06%
177 ETFS SILVER TR 44,437 834,000 0.06%
178 ETFS PHYSICAL PRECIOUS METAL BASKET SHARES 12,200 813,000 0.06%
179 SCHWAB U.S. BROAD MARKET ETF 15,309 801,000 0.06%
180 SPDR SERIES TRUST 27,642 797,000 0.06%
181 LAS VEGAS SANDS CORP 13,388 770,000 0.05%
182 VANGUARD SCOTTSDALE FDS 7,997 765,000 0.05%
183 TEXAS INSTRS INC 10,887 764,000 0.05%
184 SELECT SECTOR SPDR TR 10,551 761,000 0.05%
185 VANGUARD BD INDEX FDS 8,617 755,000 0.05%
186 ISHARES TR 7,039 743,000 0.05%
187 ELEMENTS ROGERS INTERNATIONAL COMMODITY INDEX-TOTAL RETURN ETN 144,701 724,000 0.05%
188 CAMECO CORP 84,360 722,000 0.05%
189 VANGUARD INDEX FDS 8,151 707,000 0.05%
190 FMC 14,177 685,000 0.05%
191 VANECK VECTORS ETF TR 20,113 685,000 0.05%
192 SELECT SECTOR SPDR TR 13,786 675,000 0.05%
193 VANGUARD INDEX FDS 5,374 657,000 0.05%
194 COSTCO WHSL CORP NEW 4,201 641,000 0.04%
195 MCDONALDS CORP 5,394 622,000 0.04%
196 DISNEY WALT CO 6,597 613,000 0.04%
197 NOW INC 27,162 582,000 0.04%
198 POWERSHARES ETF TRUST 6,141 575,000 0.04%
199 MATADOR RES CO 23,317 568,000 0.04%
200 SPDR SER TR 6,644 560,000 0.04%
Page 4 of 21

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001580642-16-011533, filed 2016.10.17).

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.