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Institutional Investment Manager
HARFST & ASSOCIATES, INC.
HARFST & ASSOCIATES, INC. (CIK: 0001649147). Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 281 holdings with a total value of $228,102,000.
#
Name
Shares
Value ($)
%
Options
Notes
201 Vaneck Vectors Gold 1,550 21,000 0.01%
202 ABERDEEN ISRAEL FUND INC COM 1,200 20,000 0.01%
203 HARRIS CORP 270 20,000 0.01%
204 TRANSCANADA CORP 590 19,000 0.01%
205 KINDER MORGAN INC DEL 657 18,000 0.01%
206 CANADIAN NATL RY CO 320 18,000 0.01%
207 SKYWEST INC 1,000 17,000 0.01%
208 SEABRIDGE GOLD INC 2,730 16,000 0.01%
209 PLUM CREEK TIMBER 400 16,000 0.01%
210 YUMA ENERGY INC 32,945 16,000 0.01%
211 ROCKWELL COLLINS INC 190 16,000 0.01%
212 MANNKIND CORP. 4,770 15,000 0.01%
213 SEMPRA ENERGY 155 15,000 0.01%
214 ISHARES SILVER TR 1,020 14,000 0.01%
215 FEDEX CORP 97 14,000 0.01%
216 NUSTAR ENERGY LP 306 14,000 0.01%
217 SEAGATE TECHNOLOGY PLC 315 14,000 0.01%
218 WAL-MART STORES INC 210 14,000 0.01%
219 SILVER WHEATON CORP 1,050 13,000 0.01%
220 STANLEY BLACK &DECKER INC 132 13,000 0.01%
221 CONSTELLATION BRANDS INC 100 13,000 0.01%
222 ANADARKO PETE CORP 200 12,000 0.01%
223 PUTNAM MUN OPPORTUNITIES TR 981 12,000 0.01%
224 SOLARCITY CORP 270 12,000 0.01%
225 PRINCIPAL FIN GROUP 247 12,000 0.01%
226 EMERSON ELEC CO 250 11,000 0.00%
227 PNC FINL SVCS GROUP INC 122 11,000 0.00%
228 ISHARES COHEN & STEERS REIT ETF 118 11,000 0.00%
229 NORTHWEST NAT GAS CO 250 11,000 0.00%
230 UNITED PARCEL SERVICE INC 106 10,000 0.00%
231 NETFLIX INC 98 10,000 0.00%
232 CATERPILLAR INC 160 10,000 0.00%
233 SIMON PPTY GROUP INC NEW 53 10,000 0.00%
234 SPDR SER TR 250 10,000 0.00%
235 GOLDMAN SACHS GROUP INC 50 9,000 0.00%
236 MARATHON PETE CORP 200 9,000 0.00%
237 SYNGENTA AG 134 9,000 0.00%
238 MEDIVATION INC 200 9,000 0.00%
239 NATIONAL GRID PLC 110 8,000 0.00%
240 CENTRAL FD CDA LTD 750 8,000 0.00%
241 CAPITAL ONE FINL CORP 116 8,000 0.00%
242 FORD MTR CO DEL 540 7,000 0.00%
243 HALLIBURTON CO 200 7,000 0.00%
244 AMGEN INC 50 7,000 0.00%
245 TEVA PHARMACEUTICAL INDS LTD 100 6,000 0.00%
246 ISHARES TR 90 6,000 0.00%
247 SODASTREAM INTERNATIONAL LTD 450 6,000 0.00%
248 BARRICK GOLD CORP 1,000 6,000 0.00%
249 Kyocera Corp 140 6,000 0.00%
250 POWERSHARES ETF TRUST II 238 5,000 0.00%
Page 5 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001606587-15-000300, filed 2015.11.09).

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.