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Institutional Investment Manager
Capital Advisors, Ltd. LLC
Capital Advisors, Ltd. LLC (CIK: 0001597878) incorporated in Ohio, located at 20600 Chagrin Blvd, Shaker Heights, OH. Institutional holdings reported to the SEC.

Institutional Holdings (2014Q2)
Original 13F HR (0001597878-14-000003) filed in 2014.07.23
#
Name
Shares
Value ($)
%
Options
Notes
51 ISHARES TR 5,511 4,903 0.27%
52 Kinder Morgan Inc. 5,888 4,841 0.27%
53 Ishares 2015 Amt-Free Muni Term Etf 9,086 4,820 0.27%
54 SPDR SER TR 15,323 4,744 0.27%
55 NORTHROP GRUMMAN CORP 3,922 4,692 0.26%
56 ISHARES TR 10,759 4,651 0.26%
57 ISHARES TR 4,289 4,574 0.26%
58 CLAYMORE EXCHANGE TRD FD TR 18,882 4,326 0.24%
59 ISHARES TR 4,017 4,268 0.24%
60 SPDR S&P MIDCAP 400 ETF TR 1,574 4,101 0.23%
61 MICROSOFT CORP 9,708 4,048 0.23%
62 WISDOMTREE TR 7,964 4,035 0.23%
63 EXXON MOBIL CORP 3,927 3,953 0.22%
64 POWERSHARES ETF TRUST 16,574 3,865 0.22%
65 PHILIP MORRIS INTL INC 4,449 3,751 0.21%
66 ISHARES TR 5,208 3,739 0.21%
67 SPDR GOLD TR 2,850 3,649 0.20%
68 ENERGY TRANSFER PRTNRS L P 6,180 3,583 0.20%
69 ISHARES U.S. UTILITIES ETF 3,120 3,475 0.19%
70 PFIZER INC 11,312 3,357 0.19%
71 SPDR INDEX SHS FDS 9,116 3,138 0.18%
72 BRISTOL MYERS SQUIBB CO 6,377 3,094 0.17%
73 VANGUARD SCOTTSDALE FDS 3,744 3,009 0.17%
74 PROGRESSIVE CORP OHIO 11,792 2,990 0.17%
75 APPLE INC 3,056 2,840 0.16%
76 LILLY ELI & CO 4,523 2,812 0.16%
77 AT&T INC 7,786 2,753 0.15%
78 INTERNATIONAL BUSINESS MACHS 1,404 2,545 0.14%
79 ISHARES RUSSELL 1000 ETF 2,302 2,535 0.14%
80 SUNOCO LOGISTICS PRTNRS L P 5,316 2,504 0.14%
81 SELECT SECTOR SPDR TR 2,448 2,450 0.14%
82 SPDR SER TR 7,109 2,450 0.14%
83 ISHARES TR 2,705 2,442 0.14%
84 ISHARES TR 2,178 2,383 0.13%
85 ALTRIA GROUP INC 5,643 2,367 0.13%
86 CLAYMORE EXCHANGE TRD FD TR 10,385 2,209 0.12%
87 CEDAR FAIR L P 4,145 2,193 0.12%
88 HANCOCK JOHN TAX-ADV DIV INC 10,363 2,169 0.12%
89 ISHARES 5-10 YEAR INVESTMENT GRADE CORPORATE BOND ETF 1,957 2,156 0.12%
90 VERIZON COMMUNICATIONS INC 4,368 2,137 0.12%
91 Ishares Amt-Free Muni Bond ETF 09/2/2016 3,956 2,119 0.12%
92 SPDR SERIES TR 8,853 2,096 0.12%
93 Greenhaven Continuous Commodit 7,462 2,084 0.12%
94 GLAXOSMITHKLINE PLC 3,883 2,077 0.12%
95 CLAYMORE EXCHANGE TRD FD TR 7,445 2,055 0.12%
96 GENERAL ELECTRIC CO 7,720 2,029 0.11%
97 ISHARES MSCI BIC ETF 5,256 2,026 0.11%
98 AMERICAN ELECTRIC POWER 3,590 2,002 0.11%
99 ISHARES RUSSELL 2000 GROWTH ETF 1,438 1,990 0.11%
100 SPDR INDEX SHS FDS 4,525 1,958 0.11%
Page 2 of 7
Restatement filing (0001597878-14-000004) filed in 2014.07.25
#
Name
Shares
Value ($)
%
Options
Notes
1 TIME INC NEW 8 0 0.00%
2 DELAWARE ENHANCED GBL DIV & 1 0 0.00%
3 AEGON N V 10 0 0.00%
4 HSBC HLDGS PLC 2 0 0.00%
5 Veolia Environnement 2 0 0.00%
6 AOL INC 6 0 0.00%
7 WESTERN UN CO 15 0 0.00%
8 UMINING RES INC 1,000 0 0.00%
9 FRONTIER COMMUNICATIONS CORP 69 0 0.00%
10 GOODYEAR TIRE & RUBR CO 25 1 0.00%
11 KEYCORP 51 1 0.00%
12 LUMEN TECHNOLOGIES INC 34 1 0.00%
13 MOTORS LIQUIDATION CO. TRUST 27 1 0.00%
14 SPRINT CORP 132 1 0.00%
15 BLACKROCK INC 2 1 0.00%
16 ULTRALIFE CORP 580 2 0.00%
17 PPL CORP 60 2 0.00%
18 TIME WARNER INC NEW 16 2 0.00%
19 Hewlett Packard Co 56 2 0.00%
20 EXELIS INC 109 2 0.00%
21 GENERAL MTRS CO 102 2 0.00%
22 CARBONITE INC COM 200 2 0.00%
23 SPDR INDEX SHS FDS 69 3 0.00%
24 ITT Corp 55 3 0.00%
25 PENN WEST PETE LTD NEW 300 3 0.00%
26 TEXAS INSTRS INC 60 3 0.00%
27 GENERAL MTRS CO 102 3 0.00%
28 GENERAL MTRS CO 112 4 0.00%
29 ENERSYS 63 4 0.00%
30 XYLEM INC 108 4 0.00%
31 HONEYWELL INTL INC 45 4 0.00%
32 US BANCORP DEL 103 4 0.00%
33 MID AMER APT CMNTYS INC 54 4 0.00%
34 NUANCE COMM 199 4 0.00%
35 BIOGEN INC 17 5 0.00%
36 Snyders-Lance Inc 204 5 0.00%
37 TJX COS INC NEW 97 5 0.00%
38 SOUTHWEST AIRLS CO 201 5 0.00%
39 TIME WARNER INC 67 5 0.00%
40 HOSPIRA INC. 91 5 0.00%
41 CareFusion 135 6 0.00%
42 ROSS STORES INC 88 6 0.00%
43 AMERICAN AIRLS GROUP INC 136 6 0.00%
44 WELLS FARGO & CO NEW 109 6 0.00%
45 BAXTER INTL INC 102 7 0.00%
46 ABB LTD 300 7 0.00%
47 EMERSON ELEC CO 100 7 0.00%
48 TREEHOUSE FOODS INC 83 7 0.00%
49 PNC FINL SVCS GROUP INC 78 7 0.00%
50 UNITED PARCEL SERVICE INC 65 7 0.00%
Page 1 of 7