Dark
Light
System
Institutional Investment Manager
WATERMARK ASSET MANAGEMENT, INC.
WATERMARK ASSET MANAGEMENT, INC. (CIK: 0001706457). Institutional holdings reported to the SEC.

Institutional Holdings (2017Q1)
Portfolio Summary: 261 holdings with a total value of $212,219,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 ANTHEM INC 1,232 204,000 0.10%
52 PROCTER AND GAMBLE CO 2,234 201,000 0.09%
53 ALLSTATE CORP 2,082 170,000 0.08%
54 WELLS FARGO & CO NEW 2,832 158,000 0.07%
55 ETFS SILVER TR 8,479 151,000 0.07%
56 FACEBOOK INC 995 141,000 0.07%
57 EXXON MOBIL CORP 1,652 136,000 0.06%
58 AMERCO 325 124,000 0.06%
59 CISCO SYS INC 3,610 122,000 0.06%
60 WISDOMTREE TR 1,454 121,000 0.06%
61 DOLBY LABORATORIES INC 2,173 114,000 0.05%
62 INTEL CORP 3,133 113,000 0.05%
63 SCHWAB US DIVIDEND EQUITY ETF 2,463 110,000 0.05%
64 ISHARES TR 571 107,000 0.05%
65 WATERS CORP 675 106,000 0.05%
66 VANECK VECTORS ETF TR 5,060 105,000 0.05%
67 ISHARES TR 1,138 104,000 0.05%
68 BERKSHIRE HATHAWAY INC DEL 599 100,000 0.05%
69 VANGUARD INDEX FDS 458 99,000 0.05%
70 KAYNE ANDERSON MLP INVT CO 4,597 97,000 0.05%
71 ISHARES TR 946 93,000 0.04%
72 VANGUARD INDEX FDS 629 88,000 0.04%
73 SCHWAB CHARLES CORP 2,018 82,000 0.04%
74 COHERENT INC 400 82,000 0.04%
75 ISHARES GOLD TRUST 6,420 77,000 0.04%
76 VISA INC 837 74,000 0.03%
77 VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD ETF 1,205 73,000 0.03%
78 ETFS PHYSICAL PRECIOUS METAL BASKET SHARES 1,145 73,000 0.03%
79 VANGUARD INDEX FDS 529 71,000 0.03%
80 SELECT SECTOR SPDR TR 2,716 64,000 0.03%
81 ISHARES TR 440 61,000 0.03%
82 VANGUARD WORLD FD 444 60,000 0.03%
83 IPATH BLOOMBERG COPPER SUBINDEX TOTAL RETURN ETN 1,982 60,000 0.03%
84 ORACLE CORP 1,323 59,000 0.03%
85 VODAFONE GROUP PLC NEW 2,156 57,000 0.03%
86 AMAZON COM INC 64 57,000 0.03%
87 HOME DEPOT INC 384 56,000 0.03%
88 WESTERN ALLIANCE BANCORP 1,150 56,000 0.03%
89 US BANCORP DEL 1,074 55,000 0.03%
90 BARCLAYS BANK PLC 2,000 52,000 0.02%
91 VANGUARD INDEX FDS 615 51,000 0.02%
92 SIMON PPTY GROUP INC NEW 288 50,000 0.02%
93 PEPSICO INC 450 50,000 0.02%
94 ISHARES TR 542 47,000 0.02%
95 AT&T INC 1,130 47,000 0.02%
96 DISNEY WALT CO 388 44,000 0.02%
97 CIENA CORP 1,863 44,000 0.02%
98 ISHARES TR 327 41,000 0.02%
99 INTERNATIONAL BUSINESS MACHS 231 40,000 0.02%
100 PG&E CORP 593 39,000 0.02%
Page 2 of 6

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001706457-17-000002, filed 2017.06.05).

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.