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Institutional Investment Manager
Noven Financial Group, Inc.
Noven Financial Group, Inc. (CIK: 0001536442) incorporated in Colorado, located at 1777 S. Harrison Street, Denver, CO. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q4)
Portfolio Summary: 34 holdings with a total value of $134,232,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD INDEX FDS 170,005 17,747,000 13.22%
2 ISHARES TR 118,274 14,476,000 10.78%
3 ISHARES TR 153,034 14,267,000 10.63%
4 VANGUARD INDEX FDS 158,727 14,195,000 10.57%
5 VANGUARD INDEX FDS 133,589 14,130,000 10.53%
6 VANGUARD INDEX FDS 165,297 13,966,000 10.40%
7 VANGUARD ADMIRAL FDS INC 75,379 7,539,000 5.62%
8 POWERSHARES ETF TR II 393,047 5,778,000 4.30%
9 VANGUARD ADMIRAL FDS INC 53,350 4,806,000 3.58%
10 ISHARES GOLD TRUST ISHARES ETF 298,310 3,413,000 2.54%
11 ISHARES TR 71,688 2,827,000 2.11%
12 SPDR SERIES TRUST PRTFLO S&P500 GW ETF 27,261 2,640,000 1.97%
13 ISHARES TR 23,009 2,604,000 1.94%
14 VANGUARD INDEX FDS 24,663 2,506,000 1.87%
15 VANGUARD ADMIRAL FDS INC 25,061 2,421,000 1.80%
16 VANGUARD INDEX FDS 17,976 1,906,000 1.42%
17 BERKSHIRE HATHAWAY INC DEL 6,720 1,009,000 0.75%
18 APPLE INC 7,916 874,000 0.65%
19 ISHARES SILVER TR 54,684 824,000 0.61%
20 AMPIO PHARMACEUTICALS INC 238,390 818,000 0.61%
21 POWERSHARES ETF TRUST 37,274 681,000 0.51%
22 SCHWAB US DIVIDEND EQUITY ETF 14,608 582,000 0.43%
23 CLOVIS ONCOLOGY INC 9,443 529,000 0.39%
24 FACEBOOK INC 6,461 504,000 0.38%
25 SELECT SECTOR SPDR TR 8,779 415,000 0.31%
26 RYDEX ETF TRUST 5,250 412,000 0.31%
27 ISHARES COHEN & STEERS REIT ETF 3,824 370,000 0.28%
28 SPDR DOW JONES REIT ETF 4,058 369,000 0.27%
29 SELECT SECTOR SPDR TR 5,342 365,000 0.27%
30 WP CAREY INC COM 5,025 352,000 0.26%
31 POWERSHARES N/C 6/4/18 46137V662 5,284 352,000 0.26%
32 VANGUARD STAR FDS 5,719 276,000 0.21%
33 VANGUARD INDEX FDS 3,129 253,000 0.19%
34 CYTORI THERAPEUTIC INC 52,555 26,000 0.02%

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001536442-15-000002, filed 2015.02.13).

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.