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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 (2016Q3)
Portfolio Summary: 371 holdings with a total value of $227,362,000.
#
Name
Shares
Value ($)
%
Options
Notes
351 SSGA ACTIVE ETF TR 51,729 2,596,000 1.14%
352 ISHARES TR 21,695 2,639,000 1.16%
353 VANGUARD INDEX FDS 29,804 2,955,000 1.30%
354 VANGUARD INDEX FDS 32,460 3,614,000 1.59%
355 VANGUARD INDEX FDS 32,200 3,616,000 1.59%
356 ISHARES TR 49,987 4,063,000 1.79%
357 VANGUARD INDEX FDS 47,677 4,135,000 1.82%
358 POWERSHARES ETF TRUST 266,163 4,227,000 1.86%
359 ISHARES TR 79,054 4,674,000 2.06%
360 ISHARES TR 40,674 5,077,000 2.23%
361 ISHARES TR 89,381 6,046,000 2.66%
362 ISHARES TR 44,333 6,079,000 2.67%
363 ISHARES TR 62,435 8,304,000 3.65%
364 POWERSHARES ETF TR II 218,311 9,058,000 3.98%
365 ISHARES TR 52,045 9,094,000 4.00%
366 SPDR SER TR 110,970 9,361,000 4.12%
367 VANGUARD SPECIALIZED FUNDS 117,088 9,827,000 4.32%
368 ISHARES TR 103,518 10,934,000 4.81%
369 ISHARES TR 302,068 13,723,000 6.04%
370 ISHARES TR 140,911 14,679,000 6.46%
371 SPDR S&P 500 ETF TR 109,864 23,764,000 10.45%
Page 8 of 8

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001597878-16-000008, filed 2016.10.14).

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.