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Institutional Investment Manager
USA FINANCIAL FORMULAS
USA FINANCIAL FORMULAS (CIK: 0001633716) incorporated in Michigan, located at 6020 East Fulton Street, Ada, MI. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q3)
Portfolio Summary: 218 holdings with a total value of $389,799,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 POPULAR INC COM NEW 7,401 283,000 0.07%
202 YANDEX N V 13,106 276,000 0.07%
203 BLACK HILLS CORP 4,340 266,000 0.07%
204 SINA CORP 3,581 264,000 0.07%
205 AGREE RLTY CORP COM 5,326 263,000 0.07%
206 GRAMERCY PROPERTY TRUST 26,608 257,000 0.07%
207 CURTISS WRIGHT CORP 2,810 256,000 0.07%
208 EPR PPTYS COM SH BEN INT 3,233 255,000 0.07%
209 FAIR ISAAC CORP 1,925 240,000 0.06%
210 TIVO CORPORATION COM 12,162 237,000 0.06%
211 WEST PHARMACEUTICAL SVSC INC 3,094 231,000 0.06%
212 COEUR MNG INC 19,319 229,000 0.06%
213 SELECT MED HLDGS CORP COM 14,077 190,000 0.05%
214 CLIFFS NATURAL RESOURCES INC N/C 8/25/17 185899101 29,489 173,000 0.04%
215 SANCHEZ ENERGY 19,121 169,000 0.04%
216 SILICON GRAPHICS INTL CORP 21,801 168,000 0.04%
217 TOWER SEMICONDUCTOR LTD SHS NEW 10,552 160,000 0.04%
218 RYERSON HOLDINGS 13,705 155,000 0.04%
Page 5 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000905729-16-000747, filed 2016.11.10).

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.