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Institutional Investment Manager
INDEPENDENT ADVISOR ALLIANCE
INDEPENDENT ADVISOR ALLIANCE (CIK: 0001696899). Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Portfolio Summary: 1,066 holdings with a total value of $489,998,380.
#
Name
Shares
Value ($)
%
Options
Notes
301 NUSTAR ENERGY LP 1,200 63,706 0.01%
302 CONAGRA BRANDS INC 1,614 63,154 0.01%
303 Yadkin Finl Corp Com 1,945 63,115 0.01%
304 YAHOO INC 1,487 62,528 0.01%
305 BROWN FORMAN CORP 1,375 61,903 0.01%
306 LABORATORY CORP AMER HLDGS 465 61,566 0.01%
307 AMERICAN AIRLS GROUP INC 1,281 61,481 0.01%
308 FEDERATED HERMES INC CL B 2,250 61,358 0.01%
309 NXP SEMICONDUCTORS N V 625 61,125 0.01%
310 MARATHON PETE CORP 1,242 60,560 0.01%
311 FIRSTENERGY CORP 2,009 60,350 0.01%
312 PLAINS ALL AMERN PIPELINE L 1,980 60,260 0.01%
313 ANTHEM INC 397 59,800 0.01%
314 STATE STR CORP 748 59,099 0.01%
315 SUNCOR ENERGY INC NEW 1,854 58,815 0.01%
316 REALTY INCOME CORP 984 58,722 0.01%
317 MAGNA INTL INC 1,348 57,479 0.01%
318 MARRIOTT INTL INC NEW 678 57,223 0.01%
319 BAIDU INC 328 56,888 0.01%
320 ROSS STORES INC 861 56,829 0.01%
321 AMERICAN INTL GROUP INC 945 55,986 0.01%
322 APPLIED INDL TECHNOLOGIES IN 897 55,793 0.01%
323 UNITED RENTALS INC 500 55,595 0.01%
324 FLUOR CORP NEW 1,046 55,218 0.01%
325 MASCO CORP 1,725 55,166 0.01%
326 MICROCHIP TECHNOLOGY 822 55,003 0.01%
327 PROGRESSIVE CORP OHIO 1,500 54,810 0.01%
328 MAIN STREET CAPITAL CORP 1,485 54,574 0.01%
329 TARGET CORP 843 54,036 0.01%
330 SONOCO PRODS CO 1,005 53,955 0.01%
331 XCEL ENERGY INC 1,300 53,391 0.01%
332 EVERSOURCE ENERGY 967 53,185 0.01%
333 BNC BANCORP 1,591 52,812 0.01%
334 PAYPAL HLDGS INC 1,263 52,654 0.01%
335 WEINGARTEN RLTY INVS 1,440 52,459 0.01%
336 SMUCKER J M CO 392 52,359 0.01%
337 NEW RESIDENTIAL INVT CORP COM NEW 3,165 50,640 0.01%
338 MYLAN N V 1,333 49,414 0.01%
339 SOCIEDAD QUIMICA Y MINERA DE 1,520 49,248 0.01%
340 CENTERPOINT ENERGY INC 1,917 49,075 0.01%
341 HSBC HLDGS PLC 1,390 48,495 0.01%
342 FOOT LOCKER INC 700 48,398 0.01%
343 NOVO-NORDISK A S 1,359 48,285 0.01%
344 PUBLIC SVC ENTERPRISE GRP IN 1,102 48,201 0.01%
345 FLIR SYS INC 1,383 47,976 0.01%
346 MARVELL TECHNOLOGY GROUP LTD 3,397 47,932 0.01%
347 COGNIZANT TECHNOLOGY SOLUTIO 843 47,925 0.01%
348 EAGLE MATERIALS INC 475 47,799 0.01%
349 ANADARKO PETE CORP 675 47,270 0.01%
350 VEREIT 5,464 46,389 0.01%
Page 7 of 22

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001696899-17-000001, filed 2017.02.15). and New Holdings filing (0001062993-17-002631, filed 2017.05.19). Although 0001062993-17-002631 is marked by the manager as a Restatement filing, our automated system processes it as a New Holdings filing.

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.