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Institutional Investment Manager
Advisory Alpha, LLC
Advisory Alpha, LLC (CIK: 0001576762) incorporated in Michigan, located at 348 S. Waverly Rd., Suite 100, Holland, MI. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 52 holdings with a total value of $146,171,000.
#
Name
Shares
Value ($)
%
Options
Notes
1 ISHARES TR 42 5,000 0.00%
2 ISHARES TR 145 7,000 0.00%
3 POWERSHARES ETF TR II 304 7,000 0.00%
4 VANGUARD INTL EQUITY INDEX F 151 8,000 0.01%
5 ISHARES TR 87 10,000 0.01%
6 VANGUARD SCOTTSDALE FDS 317 27,000 0.02%
7 Vaneck Vectors Em MKTS HTGH Yi Eld Bond ETF 1,288 29,000 0.02%
8 iShares Mortgage Real Estate C 4,194 42,000 0.03%
9 POWERSHARES BUILD AMERICA BOND PORTFOLIO ETF 1,584 46,000 0.03%
10 SPDR SERIES TRUST LEHMAN SHORT TERM INTL 3,100 93,000 0.06%
11 VANGUARD WORLD FD 1,128 96,000 0.07%
12 VANGUARD WORLD FDS 1,233 108,000 0.07%
13 PIMCO 1-5 YEAR U.S. TIPS INDEX EXCHANGE-TRADED FUND 2,415 125,000 0.09%
14 VANGUARD WORLD FD 1,056 129,000 0.09%
15 VANGUARD WORLD FDS 2,980 138,000 0.09%
16 VANGUARD WORLD FDS 1,183 139,000 0.10%
17 VANGUARD WORLD FDS 1,155 140,000 0.10%
18 VANGUARD WORLD FD 1,557 145,000 0.10%
19 VANGUARD WORLD FDS 1,534 146,000 0.10%
20 ISHARES SILVER TR 11,154 155,000 0.11%
21 VANGUARD WORLD FD 1,650 165,000 0.11%
22 ISHARES 10-20 YEAR TREASURY BOND ETF 1,565 215,000 0.15%
23 ISHARES TR 2,100 262,000 0.18%
24 WISDOMTREE TR 3,621 281,000 0.19%
25 WISDOMTREE TR 4,936 311,000 0.21%
26 ISHARES MSCI EAFE SMALL CAP IDX FD 6,527 312,000 0.21%
27 SPDR SER TR 4,344 313,000 0.21%
28 WISDOMTREE TR 15,935 534,000 0.37%
29 ISHARES TR 20,186 568,000 0.39%
30 SPDR GOLD TR 8,374 895,000 0.61%
31 ETFS PHYSICAL PRECIOUS METAL BASKET SHARES 20,506 1,135,000 0.78%
32 VANGUARD SCOTTSDALE FDS 19,101 1,523,000 1.04%
33 POWERSHARES N/C 6/4/18 46138E636 81,207 2,082,000 1.42%
34 JPMORGAN CHASE & CO 74,404 2,261,000 1.55%
35 SPDR SERIES TRUST 46,598 2,426,000 1.66%
36 SPDR SERIES TRUST 47,107 2,451,000 1.68%
37 SPDR SERIES TRUST 77,084 2,749,000 1.88%
38 POWERSHARES ETF TR II 105,216 2,886,000 1.97%
39 ISHARES TR 43,899 3,731,000 2.55%
40 VANGUARD INTL EQUITY INDEX F 115,235 3,813,000 2.61%
41 ISHARES TR 35,581 3,938,000 2.69%
42 SPDR INDEX SHS FDSDJ GLB RL ES ETF 112,426 5,077,000 3.47%
43 SPDR SER TR 196,643 5,298,000 3.62%
44 SPDR SER TR 156,441 6,996,000 4.79%
45 VANGUARD MORTG-BACK SEC ETF 147,732 7,883,000 5.39%
46 ISHARES TR 221,068 8,533,000 5.84%
47 VANGUARD TAX-MANAGED FDS 254,637 9,075,000 6.21%
48 VANGUARD INTL EQUITY INDEX F 102,400 9,288,000 6.35%
49 VANGUARD INDEX FDS 112,090 12,100,000 8.28%
50 VANGUARD INDEX FDS 105,166 12,270,000 8.39%
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Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001576762-15-000011, filed 2015.10.30).

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.