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Institutional Investment Manager
Vantage Investment Advisors, LLC
Vantage Investment Advisors, LLC (CIK: 0001599405) incorporated in Pennsylvania, located at 1375 Martin Street, State College, PA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 874 holdings with a total value of $224,715,000.
#
Name
Shares
Value ($)
%
Options
Notes
101 ISHARES TR 2,261 269,000 0.12%
102 KIMBERLY CLARK CORP 2,069 261,000 0.12%
103 SPDR S&P 600 SMALL CAP VALUE ETF 2,386 256,000 0.11%
104 ISHARES RUSSELL 3000 ETF 1,967 252,000 0.11%
105 SCHWAB US DIVIDEND EQUITY ETF 5,675 240,000 0.11%
106 Market Vectors Short Term Muni 13,335 236,000 0.11%
107 STARZ SERIES A 7,547 235,000 0.10%
108 NORFOLK SOUTHERN CORP 2,333 226,000 0.10%
109 LIBERTY BROADBAND-C 3,098 221,000 0.10%
110 SPDR Dow Jones REIT ETF 2,219 216,000 0.10%
111 LIBERTY M SIRIUSXM A 6,196 211,000 0.09%
112 ISHARES TR 5,375 210,000 0.09%
113 LOCKHEED MARTIN CORP 838 201,000 0.09%
114 TESLA INC 980 200,000 0.09%
115 CBOE HLDGS INC 2,979 193,000 0.09%
116 BP PLC 5,341 188,000 0.08%
117 SOLARCITY CORP 9,635 188,000 0.08%
118 NETFLIX INC 1,816 179,000 0.08%
119 HERSHEY CO 1,765 169,000 0.08%
120 JPMORGAN CHASE & CO 2,501 167,000 0.07%
121 SELECT SECTOR SPDR TR 2,795 163,000 0.07%
122 CNB FINANCIAL CORP (PA) COM 7,699 163,000 0.07%
123 VANGUARD INDEX FDS 1,439 162,000 0.07%
124 NEXTERA ENERGY INC 1,316 161,000 0.07%
125 WAL-MART STORES INC 2,118 153,000 0.07%
126 ROCKWELL AUTOMATION INC 1,188 145,000 0.06%
127 Direxion Daily Financial Bull 4,800 140,000 0.06%
128 UNION PAC CORP 1,433 140,000 0.06%
129 ISHARES 7-10 YEAR TREASURY BOND ETF 1,253 140,000 0.06%
130 BANK AMER CORP 8,849 138,000 0.06%
131 WALGREENS BOOTS ALLIANCE INC 1,686 136,000 0.06%
132 Etho Climate Leadership US ETF 5,050 136,000 0.06%
133 DU PONT E I DE NEMOURS & CO 1,980 133,000 0.06%
134 VANGUARD WHITEHALL FDS 1,843 133,000 0.06%
135 MONRO MUFFLER BRAKE INC 2,146 131,000 0.06%
136 ISHARES TR 3,308 131,000 0.06%
137 ISHARES RUSSELL 2000 GROWTH ETF 870 130,000 0.06%
138 QUALCOMM INC 1,878 129,000 0.06%
139 BOSTON SCIENTIFIC CORP 5,391 128,000 0.06%
140 Medtronic Inc 1,471 127,000 0.06%
141 ISHARES RUSSELL 1000 ETF 1,042 126,000 0.06%
142 BECTON DICKINSON & CO 700 126,000 0.06%
143 ISHARES TR 1,562 126,000 0.06%
144 NORTHWEST BANCSHARES INC MD COM 7,994 126,000 0.06%
145 LIBERTY MEDIA HOLDING CP INTER A 6,268 125,000 0.06%
146 DTE ENERGY CO 1,293 121,000 0.05%
147 DUKE ENERGY CORP NEW 1,507 121,000 0.05%
148 REYNOLDS AMERICAN INC 2,570 121,000 0.05%
149 AMERICAN ELEC PWR INC 1,887 121,000 0.05%
150 PHILIP MORRIS INTL INC 1,225 119,000 0.05%
Page 3 of 18

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001580642-16-011985, filed 2016.11.09).

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.