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Institutional Investment Manager
Yellowstone Partners, LLC
Yellowstone Partners, LLC (CIK: 0001682196) incorporated in Idaho, located at 3340 Merlin Drive, Idaho Falls, ID. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q3)
Portfolio Summary: 216 holdings with a total value of $211,360,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ABBVIE INC 14,716 801,000 0.38%
52 MEDTRONIC PLC 11,797 790,000 0.37%
53 SPDR SER TR 10,870 784,000 0.37%
54 CONOCOPHILLIPS 15,704 753,000 0.36%
55 ISHARES TR 6,843 750,000 0.35%
56 INVESCO LTD 23,448 732,000 0.35%
57 CUMMINS INC 6,503 706,000 0.33%
58 ISHARES TR 14,277 661,000 0.31%
59 VERIZON COMMUNICATIONS INC 14,858 646,000 0.31%
60 PIMCO ETF TR 5,923 625,000 0.30%
61 NUVEEN AMT FREE MUN CR INC F 44,878 625,000 0.30%
62 QUALCOMM INC 11,408 613,000 0.29%
63 ISHARES TR 5,544 608,000 0.29%
64 AMERICAN EXPRESS CO 7,992 592,000 0.28%
65 POWERSHARES ETF TR II 23,645 592,000 0.28%
66 KIMBERLY CLARK CORP 5,414 590,000 0.28%
67 NUVEEN MUNICIPAL CREDIT INC 43,369 588,000 0.28%
68 PRUDENTIAL FINL INC 7,475 570,000 0.27%
69 BLACKROCK MUN INCOME TR 40,475 567,000 0.27%
70 ISHARES TR 7,760 565,000 0.27%
71 NUVEEN DIVIDEND ADVANXXX MANDA 38,613 526,000 0.25%
72 PEPSICO INC 5,538 522,000 0.25%
73 PHILIP MORRIS INTL INC 6,513 517,000 0.24%
74 LYONDELLBASELL INDUSTRIES N 6,205 517,000 0.24%
75 AT&T Corp. 15,624 509,000 0.24%
76 MCDONALDS CORP 5,122 505,000 0.24%
77 VANGUARD INDEX FDS 6,015 501,000 0.24%
78 ALTRIA GROUP INC 9,138 497,000 0.24%
79 AMERICAN AIRLS GROUP INC 12,665 492,000 0.23%
80 ENTERPRISE PRODS PARTNERS L 19,528 486,000 0.23%
81 NEXTERA ENERGY INC 4,846 473,000 0.22%
82 SPDR GOLD TR 4,377 468,000 0.22%
83 NOVARTIS A G 5,050 464,000 0.22%
84 ISHARES TR 3,378 461,000 0.22%
85 ALPS ETF TR 36,526 456,000 0.22%
86 CREDIT SUISSE NASSAU BRH 18,601 453,000 0.21%
87 SPDR SERIES TRUST 12,582 449,000 0.21%
88 RYDEX ETF TRUST 8,150 437,000 0.21%
89 MICRON TECHNOLOGY INC 29,025 435,000 0.21%
90 SPDR INDEX SHS FDS 8,092 424,000 0.20%
91 OCCIDENTAL PETE CORP DEL 6,389 423,000 0.20%
92 GILEAD SCIENCES INC 4,203 413,000 0.20%
93 ISHARES 20 YEAR TREASURY BOND ETF 3,310 409,000 0.19%
94 WALGREENS BOOTS ALLIANCE INC 4,917 409,000 0.19%
95 ISHARES TR 4,830 406,000 0.19%
96 VANGUARD BD INDEX FDS 4,721 401,000 0.19%
97 NORFOLK SOUTHERN CORP 5,207 398,000 0.19%
98 EMERSON ELEC CO 8,907 393,000 0.19%
99 AMAZON COM INC 752 385,000 0.18%
100 UNITED RENTALS INC 6,337 381,000 0.18%
Page 2 of 5

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001682196-16-000010, filed 2016.08.17).

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.