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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 (2016Q4)
Portfolio Summary: 856 holdings with a total value of $246,410,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 AMAZON COM INC 1,428 1,071,000 0.43%
52 PowerShares QQQ Trust 8,933 1,058,000 0.43%
53 UNITED TECHNOLOGIES CORP 9,406 1,031,000 0.42%
54 BB&T CORP 21,199 997,000 0.40%
55 CVS HEALTH CORP 12,596 994,000 0.40%
56 FACEBOOK INC 7,424 854,000 0.35%
57 EDISON INTL 11,376 819,000 0.33%
58 ISHARES NASDAQ BIOTECHNOLOGY ETF 1,039 813,000 0.33%
59 CHEVRON CORP NEW 6,658 784,000 0.32%
60 Time Warner, Inc. 8,035 776,000 0.31%
61 INTERNATIONAL BUSINESS MACHS 4,600 763,000 0.31%
62 ISHARES TR 5,638 687,000 0.28%
63 PNC FINL SVCS GROUP INC 5,875 687,000 0.28%
64 ABBOTT LABS 17,246 662,000 0.27%
65 SCHWAB US AGGREGATE BOND ETF 12,830 659,000 0.27%
66 ISHARES TR 4,492 652,000 0.26%
67 ISHARES TR 3,424 624,000 0.25%
68 ISHARES TR 4,480 616,000 0.25%
69 M & T BK CORP 3,776 591,000 0.24%
70 ISHARES TR 11,002 590,000 0.24%
71 ISHARES TR 5,231 549,000 0.22%
72 UNITEDHEALTH GROUP INC 3,416 547,000 0.22%
73 MICROSOFT CORP 8,145 506,000 0.21%
74 Kish Bancorp Inc. 10,650 490,000 0.20%
75 SPDR SER TR 5,727 490,000 0.20%
76 ISHARES TR 7,887 483,000 0.20%
77 LAKELAND BANCORP INC COM 24,107 470,000 0.19%
78 BERKSHIRE HATHAWAY INC DEL 2,850 464,000 0.19%
79 SPDR SER TR 4,952 463,000 0.19%
80 POWERSHARES ETF TR II 10,672 463,000 0.19%
81 TESLA INC 2,039 436,000 0.18%
82 ISHARES TR 4,021 435,000 0.18%
83 NIKE INC 8,330 423,000 0.17%
84 LIBERTY M SIRIUSXM C 12,392 420,000 0.17%
85 ISHARES TR 4,647 412,000 0.17%
86 CINCINNATI FINL CORP 5,375 407,000 0.17%
87 AMERICAN EXPRESS CO 5,478 406,000 0.16%
88 ISHARES TR 3,401 399,000 0.16%
89 VANGUARD BD INDEX FDS 4,849 392,000 0.16%
90 BRISTOL MYERS SQUIBB CO 6,411 375,000 0.15%
91 DOMINION ENERGY INC 4,790 367,000 0.15%
92 ISHARES TR 2,210 365,000 0.15%
93 WEC ENERGY CORP. 6,194 363,000 0.15%
94 Van Eck 15,602 362,000 0.15%
95 CSX CORP 9,802 352,000 0.14%
96 ISHARES TR 3,242 350,000 0.14%
97 PIMCO ETF TR 3,362 344,000 0.14%
98 NATIONAL FUEL GAS CO N J 5,757 326,000 0.13%
99 SPDR S&P 600 SMALL CAP VALUE ETF 2,690 319,000 0.13%
100 COLGATE PALMOLIVE CO 4,786 313,000 0.13%
Page 2 of 18

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001580642-17-000856, filed 2017.02.13).

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.