HEDGE FUND OWNERSHIP REPORT – Q3 2016cdn.whalewisdom.com › newsletter › WhaleWisdom-2016-Q3.pdfFor Q3 2016 that means managers must disclose all qualifying assets held on September

HEDGE FUND OWNERSHIP REPORT – Q3 2016A REPORT COVERING HEDGE FUND STOCK OWNERSHIP TRENDS AND INDIVIDUAL MANAGER PORTFOLIOS

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WHALEWISDOM

INTRODUCTION TO WHALEWISDOM

Managers with more than $100 million in assets

under management are required to disclose their

holdings to the SEC each quarter via 13F filings.

These filings are due 45 days after the quarter

end date. For Q3 2016 that means managers must

disclose all qualifying assets held on September

30th, 2016 by November 14th 2016. Qualifying

assets include long positions in US equities

and ADRs, call/put options, and convertible

debt securities. Shorts, cash positions, foreign

investments and other assets are not included.

Investors can take advantage of these 13F filings

to create portfolios from managers that have

proven past success. Despite the 45-day delay

in reporting, research has shown that investing

alongside a single manager or group of managers

can outperform the market. The key is to identify

the best and most consistent funds to copy.

So what is the best way to identify funds whose

13F portfolio has the best chance of success?

Start by backtesting. Using WhaleWisdom’s

custom backtester engine, you can find out what

your return would have been if you had copied

the top holdings reported each quarter in a

fund’s 13F filing. Getting backtested performance

numbers is just the first step though. Once you

have a manager’s past performance, you need

to adjust the returns for risk against a known

benchmark. But how far back in time should you

look and which risk-adjusted metrics offer the

best insight into how the fund might perform in

the future? Are factors such as turnover rate or

percent concentration in top holdings important

to consider?

To help take the guesswork out of fund

selection, I’ve come up with a scoring system

called the WhaleScore. The WhaleScore lets

you quickly identify which funds tend to make

good candidates for replicating and whose past

performance indicates a consistent track record

of outperforming the market. The best of the

WhaleScore filers are brought together into the

WhaleIndex.

WhaleScores and the WhaleIndex are typically

updated 1-3 days after the 13F filing deadline.

Premium subscribers have access to these

changes as soon as they are ready. For this past

quarter, updates were completed and made

available to subscribers on November 17th, 2016.

For more information on how to subscribe

PURPOSE OF THIS REPORT

This report summarizes the latest

moves in the WhaleIndex® for the

most recent 13F filing quarter ending

September 30th, 2016. Here you’ll

find the latest data and trends on the

best performing hedge funds’ 13F

equity holdings. Comprised of the

100 highest conviction stocks from

the top scoring hedge funds, the

WhaleIndex is an indicator of where

the smart money is going and how

well it is performing. The purpose

of the WhaleIndex is simple: try to

outperform the market by imitating

the world’s best investors.

Daniel Collins -

Owner/Founder

WhaleWisdom.com

Report Data Compiled as of

November 18th, 2016

BACKGROUND

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WHALEWISDOM

CONTENTS OF REPORT

1 INTRODUCTION

3 WHALEINDEX

4 WHALE 20 OMEGA

5 WHALE 20 CONSERVATIVE

6 TOP 25 WHALESCORES

7 WHALEINDEX SECTOR BREAKDOWN OVER TIME

8 TOP 50 AGGREGATE

10 TOP 10 BUYS AND SELLS

11 TOP 25 CONSUMER DISCRETIONARY

12 TOP 25 CONSUMER STAPLES

13 TOP 25 ENERGY

14 TOP 25 FINANCIALS

15 TOP 25 HEALTH CARE

16 TOP 25 INDUSTRIALS

17 TOP 25 INFORMATION TECHNOLOGY

18 TOP 25 MATERIALS

19 TOP 25 REAL ESTATE

20 TOP 25 TRANSPORTS

21 TOP 25 UTILITIES & TELECOMMUNICATIONS

22 ABOUT WHALEWISDOM

23 DISCLAIMER

PAGE






WHALEWISDOM

WHALEINDEX

Performance #’s (as of Nov 18th, 2016) YTD 1 year 3 year 5 year Inception Annualized Std. Dev. Alpha

WhaleIndex 3.97% 5.80% 39.79% 146.63% 241.77% 12.01% 19.64% 3.73%

Benchmark Total Return 8.87% 7.06% 29.80% 99.89% 114.39% 7.29% 14.75%

SECURITIES ADDEDAdobe Systems, Inc. ADBEMerck & Co MRKVipshop Holdings, Ltd VIPSQUALCOMM Inc. QCOMGoodyear Tire and Rubber Co. GTJohnson & Johnson Co. JNJIntel Corp. INTCWells Fargo & Co WFCActivision Blizzard Inc ATVIBaidu Inc. BIDUWRIGHT MED GROUP N V ORD SHS PAR WMGICBS Corp. (DE) Class B CBSAbbVie Inc. ABBVComcast Corp. Class A CMCSAStarbucks Corp. SBUXBoeing Company BAVerizon Communications VZEOG Resources EOGGigamon, Inc. GIMO8X8 Inc. EGHTBank of America Corp. BACGoDaddy Inc. GDDYInteractive Brokers Group Inc IBKRItau Unibnco ADR ITUBAbiomed Inc. ABMDMGIC Investment Corp. (1984) MTGProcter & Gamble Company PGPalo Alto Networks Inc PANWRadian Group Inc. RDNAveXis Inc. AVXSAchillion Pharmaceuticals Inc ACHNCitigroup, Inc. CFleetCor Technologies, Inc. FLTYahoo! Inc. YHOOTime Warner, Inc. TWXAxovant Sciences Ltd AXONMGM Resorts International, Inc. MGMAscendis Pharma A/S ADR ASNDIllumina Inc. ILMNAbbott Laboratories ABT

SECURITIES DROPPEDBristol-Myers Squibb BMYINCYTE Corporation INCYWellcare Health Plans Inc. WCGSPDR S&P 500 ETF Index Depositary Receipts SPYUnited Therapeutics Corp. UTHRTRINSEO SA TSESymantec Corp. SYMCTripAdvisor Inc. TRIPMicroStrategy Inc. MSTRIntuitive Surgical Inc ISRGAetna Inc. AETOwens Corning Inc. OCVeeva Systems VEEVJD.COM INC ADR JDEndo Internation ENDPHCA Holdings, Inc. HCAAnthem Inc. ANTMAir Products & Chemicals APDFlamel Technologies FLMLCallidus Software Inc. CALDDanaher Corp. DHRMedtronic Inc. MDTPacWest Bancorp (DE) PACWSPDR Gold Trust ETF GLDiShares Trust - iShares Barclays 20+ Year TLTCognex Corp CGNXHorizon Pharma, Inc. HZNPGoldman Sachs Group GSSelect Medical Holdings Corporation SEMPost Holdings Inc. POSTSupervalu Inc. SVUMallinckrodt PLC MNKChipotle Mexican Grill, Inc. CMGCommScope Holding Company, Inc COMMLifeLock, Inc. LOCKLowes Companies, Inc. LOWWhirlpool Corp. (DE) WHRMedivation Inc. MDVNWalt Disney Co. (The) DISRetrophin Inc. (MO) RTRX

Rebalancing on November 18th, 2016






WHALEWISDOM

WHALE 20 OMEGA


Whale 20 Omega (6.50%) (0.29%) 63.80% 213.71% 419.57% 16.43% 26.28% 8.42%



SECURITIES ADDED

CoLucid Pharmaceuticals Inc. CLCD

Exelixis Inc. EXEL

Tesaro Inc. TSRO

Clovis Oncology Inc. CLVS

Horizon Pharma, Inc. HZNP

Cempra, Inc. CEMP

Flamel Technologies FLML

Senseonics Holdings Inc. SENS

DBV TECHNOL ADR DBVT

Wave Life Sciences Pte Ltd WVE

Lexicon Pharmaceuticals Inc. LXRX

Genworth Financial Inc. Class A GNW

SECURITIES DROPPED

Gilead Sciences Inc. GILD

GRUBHUB Inc. GRUB

SPDR S&P 500 ETF SPY

Medivation Inc. MDVN

Celgene Corp. CELG

Nektar Therapeutics, Inc. NKTR

Regeneron Pharmaceuticals Inc. REGN

Zillow Group Inc Class C W/I Z

SPDR Gold Trust ETF GLD

iShares Trust - iShares Barclays 20+ Year T-Bond TLT

MOMO INC ADR MOMO

Vanguard Total Stock Market ETF VTI

The Whale 20 Omega portfolio represents the top 20 holdings of the WhaleIndex with a focus on maximizing Alpha. This portfolio will be more

aggressive with higher turnover and risk compared to the other portfolio offerings. The portfolio is equally weighted and rebalanced quarterly

46 days after the end of each quarter. The top 30 filers by Omega ratio whose WhaleScore beats the S&P WhaleScore are used each quarter.






WHALEWISDOM

WHALE 20 CONSERVATIVE

The Whale 20 Conservative portfolio represents the top 20 holdings of the WhaleIndex with a focus on reducing turnover by not replacing

stocks that remain in the top 50 holdings of the WhaleIndex. Once a stock falls out of the top 50 holdings of the WhaleIndex it is replaced with

the most popular stock not currently in the portfolio. The portfolio is equally weighted and rebalanced quarterly 46 days after the end of each

quarter. The top 30 filers by Calmar and Sortino ratios whose WhaleScore beats the S&P WhaleScore are used.


Whale 20 Conservative (1.00%) 0.54% 29.86% 113.75% 228.26% 11.60% 15.54% 4.91%



SECURITIES ADDED

VISA Inc. V

Bank of America Corp. BAC

Intel Corp. INTC

Verizon Communications VZ

SECURITIES DROPPED

Allergan PLC AGN

Teva Pharmaceutical Industries Ltd, ADR TEVA

Avago Technologies Limited AVGO

Bristol-Myers Squibb BMY






WHALEWISDOM

TOP 25 WHALESCORES

Rank Whale Name Equal Weighted Equal Weighted One Year Portfolio Top 20 Holdings WhaleScore Average WhaleScore Market Value % of Portfolio

1 SLATE PATH CAPITAL LP 99 99 $6.03b 100.00%

2 DECATUR CAPITAL MANAGEMENT, INC. 99 95 $798m 42.54%

3 GREENHAVEN ASSOCIATES INC 99 94 $5.24b 99.9858%

4 VGI PARTNERS PTY LTD 98 98 $384m 100.00%

5 DORSAL CAPITAL MANAGEMENT, LLC 98 98 $1.59b 96.2363%

6 ALTIMETER CAPITAL MANAGEMENT, LP 98 99 $1.52b 100.00%

7 TECHNOLOGY CROSSOVER MANAGEMENT VII, LTD. 97 96 $2.13b 100.00%

8 CAMBER CAPITAL MANAGEMENT LLC 97 98 $2.27b 89.399%

9 PAR CAPITAL MANAGEMENT INC 97 97 $6.92b 77.5342%

10 JOHO CAPITAL LLC 97 95 $508m 100.00%

11 ORBIMED ADVISORS LLC 96 95 $8.78b 51.8905%

12 ADIRONDACK RESEARCH & MANAGEMENT INC. 95 96 $277m 43.8131%

13 WHALE ROCK CAPITAL MANAGEMENT LLC 95 93 $1.55b 88.9746%

14 TEKLA CAPITAL MANAGEMENT LLC 95 96 $2.6b 60.4207%

15 AMERICAN ASSET MANAGEMENT INC. 94 93 $176m 91.1544%

16 CONATUS CAPITAL MANAGEMENT LP 94 90 $1.53b 95.8672%

17 POLAR CAPITAL LLP 94 93 $5.79b 36.9656%

18 SECURITY CAPITAL RESEARCH & MANAGEMENT INC 94 75 $2.85b 72.968%

19 PARUS FINANCE (UK) LTD 93 92 $663m 100.00%

20 IMPALA ASSET MANAGEMENT LLC 93 79 $1.52b 84.543%

21 BARINGS REAL ESTATE ADVISERS LLC 93 74 $320m 78.6601%

22 ADELANTE CAPITAL MANAGEMENT LLC 93 73 $2.13b 79.0025%

23 GREEN STREET INVESTORS, LLC 92 78 $120m 93.4256%

24 COHEN & STEERS INC 92 74 $39b 58.1521%

25 RESOLUTION CAPITAL LTD 91 76 $1.56b 93.074%






WHALEWISDOM

WHALEINDEX SECTOR BREAKDOWN OVER TIME

The weightings for each sector of the WhaleIndex 100 for the past 5 quarters.

0

20

40

60

80

100

UTILITIES & TELECOMMUNICATIONS

TRANSPORTS

SERVICES

REAL ESTATE

MATERIALS

INFORMATION TECHNOLOGY

INDUSTRIALS

HEALTH CARE

FINANCE

ENERGY

CONSUMER STAPLES

CONSUMER GOODS

CONSUMER DISCRETIONARY

Q3 2016Q2 2016Q1 2016Q4 2015Q3 2015Q2 2015






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1 Facebook Inc. FB $7.57b 59m -83.8k 2.5417% 39 1 12 20 6 1 27

2 Amazon.com Inc. AMZN $20.1b 24m -86.1k 5.0725% 39 3 13 17 6 0 26

3 Apple Inc. AAPL $6.85b 60.6m 228k 1.0865% 38 7 9 20 2 0 21

4 ALPHABET INC CAP STK CL C GOOG $10.7b 13.7m 42.8k 1.9942% 36 1 11 16 8 0 13

5 Microsoft Corp. MSFT $8.66b 150m -111k 1.8732% 35 0 11 20 4 1 16

6 ALPHABET INC COM STK CL A GOOGL $8.58b 10.7m 93.9k 34 1 9 19 5 0 16

7 Gilead Sciences Inc. GILD $3.46b 43.8m 489k 3.0784% 29 4 10 10 5 2 8

8 VISA Inc. V $3.97b 48m -108k 2.4639% 25 1 5 15 4 0 4

9 Johnson & Johnson Co. JNJ $2.59b 21.9m -160k 0.8017% 24 0 7 13 4 0 3

10 Abbott Laboratories ABT $1.74b 41.2m -268k 2.8038% 23 1 6 12 4 0 1

11 Celgene Corp. CELG $1.88b 18m -121k 2.325% 23 2 7 11 3 0 8

12 Pfizer, Inc. PFE $1.41b 41.6m 1.53m 0.6857% 23 0 6 12 5 0 3

13 Amgen, Inc. AMGN $18.8b 113m -145k 14.9802% 22 0 8 11 3 0 6

14 Thermo Fisher Scientific, Inc. TMO $4.18b 26.3m -90.2k 6.6597% 22 3 4 11 4 0 2

15 Alibaba Group Holding Limited BABA $13b 123m 500k 22 8 6 7 1 0 7

16 AbbVie Inc. ABBV $10.8b 171m -597k 10.4805% 21 0 5 11 5 1 3

17 JPMorgan Chase & Co. JPM $4.37b 65.6m -316k 1.8164% 21 1 7 12 1 0 3

18 QUALCOMM Inc. QCOM $2.98b 43.5m 22.9k 2.853% 21 4 6 9 2 2 3

19 Walt Disney Co. (The) DIS $1.1b 11.8m -116k 0.7345% 20 1 4 10 5 1 1

20 Home Depot, Inc. (The) HD $3.55b 27.6m -57k 2.2025% 20 0 5 14 1 2 4

21 Adobe Systems, Inc. ADBE $3.95b 36.4m -130k 7.308% 20 1 5 11 3 2 6

22 PayPal Holdings Inc. PYPL $1.5b 36.7m -12.1k 2.9952% 20 2 8 7 3 4 3

23 Intel Corp. INTC $6.1b 162m -68.4k 3.4175% 20 3 6 9 2 1 3

24 AT&T Inc T $4.42b 109m -1.92m 1.6758% 20 0 6 10 4 2 5

25 General Electric Co GE $3.54b 119m -1.84m 1.2724% 20 2 8 7 3 1 2

TOP 50 AGGREGATE (1–25) Compiled from top 100 WhaleScore Funds

26–50 Aggregate on following page






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26 Procter & Gamble Company PG $2.2b 24.5m 105k 0.9199% 19 2 9 6 2 0 2

27 Activision Blizzard Inc ATVI $1.66b 37.4m -64.8k 5.0496% 19 2 2 13 2 0 4

28 BIOGEN INC BIIB $6.03b 19.3m -12.4k 8.799% 19 2 4 11 2 3 5

29 MasterCard Inc. Class A MA $2.86b 28.1m 178k 2.5703% 19 0 10 9 0 3 4

30 PepsiCo Inc. PEP $2.04b 18.8m 14k 1.3077% 19 0 7 10 2 0 1

31 Priceline Group Inc PCLN $3.4b 2.31m -1.7k 3.7008% 19 3 7 7 2 0 5

32 Salesforce.com Inc. CRM $2.17b 30.4m -164k 4.4387% 19 0 6 12 1 1 1

33 Merck & Co MRK $1.51b 24.3m 1.92m 0.8778% 19 1 10 4 4 0 3

34 Schlumberger Ltd. SLB $1.66b 21.1m -178k 1.5146% 18 0 6 8 4 1 0

35 Bank of America Corp. BAC $920m 58.8m 2.77m 0.5663% 18 1 8 6 3 1 2

36 Cisco Systems, Inc. CSCO $2.29b 72.2m 1.49m 1.4197% 18 1 6 8 3 0 1

37 Electronic Arts, Inc. EA $1.16b 13.6m -136k 4.5086% 18 2 4 10 2 1 5

38 Biomarin Pharmaceutical Inc. BMRN $3.21b 34.7m -375k 21.20% 18 6 3 9 0 0 3

39 Allergan PLC (Formerly Actavis PLC) AGN $1.45b 6.31m -528k 1.5941% 18 0 2 12 4 6 5

40 Wells Fargo & Co. WFC $2.05b 46.4m -1.29m 0.9195% 18 0 4 13 1 0 2

41 Bristol-Myers Squibb BMY $832m 15.5m -2.97m 0.9248% 18 2 5 6 5 2 1

42 Medtronic Inc. MDT $1.78b 20.7m 22.1k 1.4946% 17 1 3 11 2 0 1

43 Verizon Communications VZ $8.7b 167m -157k 4.1052% 17 0 6 9 2 0 3

44 NIKE Inc. NKE $1.9b 36m -531k 2.6549% 17 2 1 11 3 1 3

45 UnitedHealth Group Inc. UNH $5.32b 38m -80.2k 3.9806% 17 0 4 11 2 1 2

46 Union Pacific Corp. UNP $5.82b 59.7m 58.7k 5.3696% 17 2 5 7 3 0 1

47 CVS Caremark Corp CVS $1.11b 12.5m -44.6k 1.1356% 17 2 5 8 2 0 2

48 Exxon Mobil Corp. XOM $2.89b 33.1m -180k 0.789% 16 0 5 9 2 1 0

49 Avago Technologies Limited AVGO $1.58b 9.16m 38.5k 2.3046% 16 1 5 9 1 0 4

50 Coca Cola Co. KO $3.78b 89.4m -1.46m 2.0722% 16 0 3 10 3 0 0

TOP 50 AGGREGATE (26–50) Compiled from top 100 WhaleScore Funds






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9 Merck & Co MRK $1.51b 24.3m 1.92m 0.8778% 19 1 10 4 4 0 3


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2 Facebook Inc FB $7.57b 59m -83.8k 2.5417% 39 1 12 20 6 1 27

3 Apple Inc AAPL $6.85b 60.6m 228k 1.0865% 38 7 9 20 2 0 21






9 VISA Inc V $3.97b 48m -108k 2.4639% 25 1 5 15 4 0 4

10 BIOGEN INC BIIB $6.03b 19.3m -12.4k 8.799% 19 2 4 11 2 3 5

TOP 10 BUYS AND SELLS Compiled from top 100 WhaleScore Funds

TOP 10 PURCHASES

TOP 10 SELLS






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2 Walt Disney Co. (The) DIS $1.1b 11.8m -116k 0.7345% 20 1 4 10 5 1 1


4 Priceline Group Inc. PCLN $3.4b 2.31m -1.7k 3.7008% 19 3 7 7 2 0 5

5 NIKE Inc. NKE $1.9b 36m -531k 2.6549% 17 2 1 11 3 1 3

6 McDonalds Corp. MCD $1.54b 13.4m -232k 1.5654% 16 1 7 6 2 0 0

7 Starbucks Corp. SBUX $985m 18.2m -100k 1.2253% 16 0 3 12 1 1 2

8 Netflix Inc. NFLX $7.63b 77.4m -16k 18.0613% 15 1 3 8 3 0 7

9 Charter Communications Inc. Class A CHTR $1.72b 6.35m 192k 2.3448% 15 2 3 8 2 2 6

10 Comcast Corp. Class A CMCSA $2.51b 37.8m -96.1k 1.5522% 14 0 3 10 1 0 2

11 Time Warner, Inc. TWX $1.64b 20.6m -130k 2.5911% 13 3 3 5 2 1 2

12 Expedia Inc. EXPE $1.63b 14m 3.3k 10.1598% 13 3 5 2 3 2 5

13 Lowes Companies, Inc. LOW $1.09b 15.1m -351k 1.6274% 13 0 2 8 3 0 2

14 Tesla Motors Inc. TSLA $3.28b 16.1m -232k 10.8004% 12 0 2 9 1 1 3

15 TripAdvisor Inc. TRIP $1.25b 19.8m 2.1k 14.7005% 11 0 6 4 1 0 1

16 TJX Companies Inc. TJX $1.46b 19.5m -214k 2.886% 11 0 4 7 0 0 1

17 Ctrip.Com International Ltd ADS CTRP $2.92b 62.7m 12.3m 11 2 3 4 2 1 3

18 Under Armour Inc Class C UA.C $197m 5.81m -11k 10 0 3 6 1 0 1

19 Ulta Salon Cosmetics & Fragrance Inc ULTA $171m 718k -3.5k 1.1219% 10 3 1 5 1 0 1

20 Chipotle Mexican Grill, Inc. CMG $606m 1.43m -149k 4.915% 10 0 1 7 2 4 1

21 OReilly Automotive Inc. ORLY $398m 1.42m -5.7k 1.4543% 10 1 1 6 2 0 0

22 CBS Corp. (DE) Class B CBS $417m 7.62m 430k 1.8732% 10 1 4 3 2 1 2

23 General Motors Co. (DE) GM $981m 30.9m -5k 1.9299% 10 0 2 6 2 0 0

24 JD.COM INC ADR JD $4.44b 170m 188k 10 0 7 3 0 1 3

25 Under Armour Inc. Class A UA $797m 20.6m 242k 9.3853% 10 0 4 4 2 0 0

TOP 25 CONSUMER DISCRETIONARY






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1 PepsiCo Inc. PEP $2.04b 18.8m 14k 1.3077% 19 0 7 10 2 0 1


3 CVS Caremark Corp CVS $1.11b 12.5m -44.6k 1.1356% 17 2 5 8 2 0 2

4 Coca Cola Co. KO $3.78b 89.4m -1.46m 2.0722% 16 0 3 10 3 0 0

5 Mondelez International Inc. MDLZ $1.8b 40.9m -665k 2.6316% 14 1 3 7 3 2 2

6 Constellation Brands, Inc. STZ $631m 3.79m -10.6k 2.1318% 14 2 4 6 2 0 4

7 Walgreens Boots Alliance, Inc. WBA $402m 4.99m 226k 0.4579% 13 0 4 8 1 1 0

8 Costco Co. COST $1.82b 12m -26.2k 2.7285% 13 0 2 9 2 0 0

9 Philip Morris International Inc PM $8.6b 88.4m -273k 5.7013% 11 0 1 9 1 0 2

10 Colgate-Palmolive Co. CL $598m 8.07m -53.3k 0.9051% 11 0 3 6 2 0 0

11 Kimberly-Clark Corp. KMB $603m 4.78m -311k 1.3113% 11 0 2 7 2 0 0

12 Wal-Mart Stores WMT $290m 4.02m -93.6k 0.13% 11 0 4 4 3 1 0

13 Altria Group, Inc. MO $4.86b 76.8m -417k 3.9301% 11 0 2 9 0 1 1

14 Kraft Heinz Co. The KHC $1.54b 17.2m -45.6k 1.4129% 10 1 3 4 2 1 1

15 Estee Lauder Companies Inc. EL $189m 2.14m -13.2k 0.9597% 9 0 3 4 2 0 0

16 Reynolds American Inc. RAI $1.67b 35.3m -49.5k 2.4749% 9 0 1 7 1 0 0

17 Kellogg Co. K $683m 8.81m -455k 2.4967% 9 0 3 5 1 0 0

18 Whole Foods Market Inc. WFM $324m 11.4m -349k 3.1711% 7 0 0 5 2 0 0

19 General Mills Co. GIS $458m 7.17m 0 1.2116% 7 1 1 3 2 1 0

20 Archer-Daniels-Midland Co. ADM $182m 4.33m 65.2k 0.7272% 7 0 2 2 3 0 0

21 Mead Johnson Nutrition Co. MJN $1.15b 14.6m -11k 7.8915% 7 0 3 3 1 2 1

22 Kroger Co. KR $2.3b 77.6m -357k 8.2204% 7 1 2 2 2 3 0

23 Rite Aid Corp. RAD $85.5m 11.1m 0 1.0568% 6 0 3 1 2 0 0

24 Post Holdings Inc. POST $354m 4.59m 190k 7.0935% 6 1 2 1 2 0 2

25 AmerisourceBergen Corp. ABC $60m 743k -10.8k 0.3458% 6 0 2 3 1 1 0

TOP 25 CONSUMER STAPLES






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1 Schlumberger Ltd. SLB $1.66b 21.1m -178k 1.5146% 18 0 6 8 4 1 0

2 Exxon Mobil Corp. XOM $2.89b 33.1m -180k 0.789% 16 0 5 9 2 1 0

3 Chevron Corp. CVX $2.12b 20.6m -263k 1.0925% 14 0 5 6 3 0 1

4 Halliburton Co. HAL $2.87b 63.9m -102k 7.4226% 13 2 4 3 4 0 0

5 Pioneer Natural Resources Co. PXD $2b 10.8m -100 6.3505% 10 0 1 7 2 0 0

6 EOG Resources EOG $5.26b 54.4m 393k 9.8799% 10 0 4 5 1 0 1

7 Anadarko Petroleum Corp. APC $536m 8.46m 279k 1.657% 9 1 1 5 2 0 1

8 ConocoPhillips COP $1.16b 26.7m 461k 2.1572% 9 0 2 4 3 0 0

9 Devon Energy Corp. DVN $74.6m 1.69m -296k 0.3227% 9 1 1 3 4 1 0

10 Marathon Petroleum Corp. MPC $217m 5.34m -31.6k 1.0097% 8 0 2 4 2 1 0

11 Apache Corp. APA $1.93b 30.2m 75.9k 7.947% 8 2 2 3 1 0 1

12 Baker Hughes Inc. BHI $335m 6.64m 91.4k 1.5509% 7 0 2 4 1 0 0

13 Valero Energy Corp. VLO $87m 1.64m -558k 0.2439% 7 1 0 6 0 0 0

14 Phillips 66 PSX $62.4m 775k 316k 0.1483% 6 0 1 4 1 1 0

15 Newfield Exploration Co., Inc NFX $158m 3.63m 0 1.826% 6 1 2 1 2 1 1

16 Occidental Petroleum Corp. OXY $79.9m 1.1m -186k 0.1228% 6 0 0 5 1 0 0

17 Noble Energy, Inc NBL $2.29b 64.1m 249k 14.9292% 6 0 3 2 1 0 0

18 Williams Cos. (The) WMB $222m 7.22m -1.51m 0.9622% 5 0 2 2 1 1 0

19 Tesoro Petroleum Co TSO $49.5m 622k -4.4k 0.5239% 5 2 0 2 1 1 0

20 Cabot Oil & Gas Corp. COG $847m 32.8m 377k 7.0571% 5 0 2 2 1 0 0

21 Cimarex Energy Co. XEC $242m 1.8m -196k 1.8987% 5 0 1 1 3 0 0

22 Diamond Offshore Drilling DO $42.5m 2.41m 0 1.759% 5 1 1 0 3 0 0

23 Suncor Energy, Inc. SU $2.72b 97.6m 12.8m 5 0 2 3 0 0 0

24 Concho Resources Inc CXO $2.15b 15.7m -68.7k 11.8887% 4 1 2 0 1 1 0

25 Spectra Energy Corp. SE $853m 19.9m 0 2.8448% 4 1 1 1 1 1 0

TOP 25 ENERGY






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1 JPMorgan Chase & Co. JPM $4.37b 65.6m -316k 1.8164% 21 1 7 12 1 0 3

2 Bank of America Corp. BAC $920m 58.8m 2.77m 0.5663% 18 1 8 6 3 1 2

3 Wells Fargo & Co. WFC $2.05b 46.4m -1.29m 0.9195% 18 0 4 13 1 0 2

4 Citigroup, Inc. C $2.23b 47.3m -1.72m 1.628% 16 1 5 8 2 2 2

5 U.S. Bancorp USB $1.5b 35m -741k 1.9594% 13 0 4 5 4 0 1

6 Charles Schwab Corp SCHW $2.6b 82.4m 128k 6.2317% 12 0 4 6 2 1 2

7 PNC Financial Services Group, Inc. (The) PNC $492m 5.46m 1.27m 1.0438% 12 2 7 1 2 0 1

8 Berkshire Hathaway Inc Class B BRK.B $2.19b 15.2m -32.3k 12 0 4 5 3 0 2

9 SPDR S&P 500 ETF Index Depositary Receipts SPY $155m 715k 0 12 1 4 6 1 0 2

10 Fidelity National Information Services, Inc. FIS $645m 8.37m 204k 2.5537% 12 2 4 4 2 0 2

11 State Street Corp. STT $499m 7.17m 178k 1.8379% 11 2 3 1 5 0 0

12 Goldman Sachs Group GS $1.42b 8.82m -118k 2.1017% 10 0 1 6 3 2 1

13 MetLife Inc. MET $150m 3.37m 810k 0.3065% 10 0 2 5 3 1 0

14 American International Group, Inc. AIG $4.35b 73.3m -287k 6.1375% 9 0 2 4 3 0 0

15 IntercontinentalExchange Group Inc. ICE $355m 1.32m -25.5k 1.1051% 9 0 1 5 3 0 0

16 American Express AXP $254m 3.97m -21.4k 0.4101% 9 0 1 6 2 0 0

17 Travelers Companies, Inc. (The) TRV $215m 1.88m -11.2k 0.5829% 9 0 4 1 4 0 0

18 AFLAC Inc. AFL $305m 4.24m -16.3k 0.9852% 9 1 4 3 1 1 2

19 Regions Financial Corp. RF $324m 32.9m 385k 2.6201% 8 0 3 2 3 0 1

20 Prudential Financial Inc. PRU $496m 6.08m -2.8k 1.3909% 8 1 1 5 1 1 0

21 CITIZENS FIN CFG $238m 9.65m 1.07m 1.8236% 8 1 1 5 1 0 1

22 Marsh & McLennan Companies, Inc. MMC $1.26b 18.7m -19.9k 3.5258% 8 0 3 4 1 0 0

23 CME Group Inc. CME $749m 7.17m -14.8k 2.1145% 8 0 5 2 1 0 1

24 Affiliated Managers Group Inc. AMG $427m 2.95m 107k 5.2942% 8 0 5 2 1 0 0

25 BlackRock Inc. Class A BLK $104m 286k -11k 0.1751% 8 0 5 2 1 0 0

TOP 25 FINANCIALS






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2 Johnson & Johnson Co. JNJ $2.59b 21.9m -160k 0.8017% 24 0 7 13 4 0 3

3 Celgene Corp. CELG $1.88b 18m -121k 2.325% 23 2 7 11 3 0 8

4 Pfizer, Inc. PFE $1.41b 41.6m 1.53m 0.6857% 23 0 6 12 5 0 3

5 Abbott Laboratories ABT $1.74b 41.2m -268k 2.8038% 23 1 6 12 4 0 1

6 Thermo Fisher Scientific, Inc. TMO $4.18b 26.3m -90.2k 6.6597% 22 3 4 11 4 0 2

7 Amgen, Inc. AMGN $18.8b 113m -145k 14.9802% 22 0 8 11 3 0 6

8 AbbVie Inc. ABBV $10.8b 171m -597k 10.4805% 21 0 5 11 5 1 3

9 Merck & Co MRK $1.51b 24.3m 1.92m 0.8778% 19 1 10 4 4 0 3

10 BIOGEN Inc. BIIB $6.03b 19.3m -12.4k 8.799% 19 2 4 11 2 3 5

11 Biomarin Pharmaceutical Inc. BMRN $3.21b 34.7m -375k 21.20% 18 6 3 9 0 0 3

12 Bristol-Myers Squibb BMY $832m 15.5m -2.97m 0.9248% 18 2 5 6 5 2 1


14 UnitedHealth Group Inc. UNH $5.32b 38m -80.2k 3.9806% 17 0 4 11 2 1 2

15 Medtronic Inc. MDT $1.78b 20.7m 22.1k 1.4946% 17 1 3 11 2 0 1

16 Lilly (Eli) & Co. LLY $5.19b 64.7m 674k 5.8653% 15 1 7 4 3 1 4

17 CIGNA Corp. CI $933m 7.16m 145k 2.7921% 15 4 4 5 2 2 1

18 Illumina Inc. ILMN $6.58b 36.2m 60.5k 24.6999% 15 2 2 9 2 0 2

19 Edwards Lifesciences Corp. EW $1.27b 10.5m -228k 4.8769% 14 3 3 4 4 1 0

20 Intuitive Surgical Inc. ISRG $1.71b 2.36m -1.71k 6.1232% 14 0 4 7 3 0 3

21 Alexion Pharmaceuticals Inc. ALXN $2.48b 20.3m 129k 9.0363% 13 0 5 7 1 2 3

22 Baxter International Inc. BAX $364m 7.66m -170k 1.4075% 13 1 7 4 1 1 4

23 Regeneron Pharmaceuticals Inc. REGN $760m 1.89m 75.2k 1.8286% 13 1 4 4 4 1 1

24 HCA Holdings, Inc. HCA $517m 6.83m -17.7k 1.7133% 12 0 3 7 2 2 0

25 Stryker Corp. SYK $4.19b 36m 264k 9.6106% 12 0 4 6 2 1 0

TOP 25 HEALTH CARE






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2 3M Company MMM $176m 998k -659k 0.1652% 15 0 3 9 3 1 0

3 Boeing Company BA $3.22b 24.5m -448k 3.9219% 14 0 5 8 1 1 1

4 Honeywell International Inc. HON $1.26b 10.8m -1.09m 1.4249% 13 1 2 6 4 1 0

5 United Technologies Corp. UTX $1.21b 11.9m -797k 1.4174% 12 0 5 5 2 0 0

6 Illinois Tool Works ITW $1.16b 9.7m 383k 2.7333% 11 2 2 5 2 1 2

7 Lockheed Martin Corp. LMT $2.4b 10m -202k 3.3082% 10 0 2 7 1 0 0

8 Delphi Automotive Plc DLPH $58.2m 816k -316k 0.2935% 9 2 1 5 1 2 0

9 Jacobs Engineering Group JEC $632m 12.2m 56.6k 9.9248% 9 1 0 4 4 0 1

10 Acuity Brands Inc (Holding Company) AYI $396m 1.5m 203k 3.4228% 8 1 1 3 3 0 1

11 VERISK ANALYTICS INC COM VRSK $249m 3.06m -4.4k 1.8082% 8 1 0 5 2 1 1

12 Masco Corp. MAS $207m 6.04m 1.33m 1.8272% 8 2 1 2 3 1 0

13 Transdigm Group Inc. TDG $621m 2.15m 0 4.035% 8 0 1 4 3 0 1

14 Raytheon Co. RTN $452m 3.32m -150k 1.0797% 8 0 1 6 1 1 1

15 General Dynamics Corp. GD $2.62b 16.9m 3.22k 5.522% 8 1 5 1 1 1 0

16 Deere & Co. DE $1.14b 13.4m 212k 4.2653% 7 0 4 2 1 0 1

17 Emerson Electric Co. EMR $685m 12.6m 1.5m 1.9209% 7 0 1 3 3 1 0

18 Rockwell Automation, Inc. ROK $321m 2.63m 136k 2.0296% 7 1 0 4 2 1 0

19 Northrop Grumman Corp. NOC $199m 928k 240k 0.5118% 7 1 3 2 1 1 1

20 Caterpillar Inc. CAT $2.18b 24.5m -143k 4.066% 7 0 4 2 1 1 0

21 Johnson Controls Intl (formerly Tyco Intl) JCI $404m 8.67m 622k 1.36% 7 2 5 0 0 0 1

22 Builders FirstSource Inc. BLDR $80.5m 6.99m 281k 6.3092% 7 1 2 2 2 0 0

23 Fastenal Co. FAST $282m 6.76m 17.2k 2.3346% 7 1 1 3 2 0 1

24 L-3 Communications Holdings LLL $495m 3.29m -487k 4.2046% 7 0 3 3 1 1 1

25 Costar Group Inc. CSGP $451m 2.08m 180k 6.3897% 7 1 1 4 1 1 1

TOP 25 INDUSTRIALS






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6 VISA Inc. V $3.97b 48m -108k 2.4639% 25 1 5 15 4 0 4


8 QUALCOMM Inc. QCOM $2.98b 43.5m 22.9k 2.853% 21 4 6 9 2 2 3

9 Intel Corp. INTC $6.1b 162m -68.4k 3.4175% 20 3 6 9 2 1 3

10 PayPal Holdings Inc. PYPL $1.5b 36.7m -12.1k 2.9952% 20 2 8 7 3 4 3

11 Adobe Systems, Inc. ADBE $3.95b 36.4m -130k 7.308% 20 1 5 11 3 2 6

12 Activision Blizzard Inc. ATVI $1.66b 37.4m -64.8k 5.0496% 19 2 2 13 2 0 4

13 MasterCard Inc. Class A MA $2.86b 28.1m 178k 2.5703% 19 0 10 9 0 3 4

14 Salesforce.com Inc. CRM $2.17b 30.4m -164k 4.4387% 19 0 6 12 1 1 1

15 Electronic Arts, Inc. EA $1.16b 13.6m -136k 4.5086% 18 2 4 10 2 1 5

16 Cisco Systems, Inc. CSCO $2.29b 72.2m 1.49m 1.4197% 18 1 6 8 3 0 1

17 Avago Technologies Limited AVGO $1.58b 9.16m 38.5k 2.3046% 16 1 5 9 1 0 4

18 Applied Materials Inc. AMAT $1.3b 43.1m -990k 3.9898% 15 3 4 6 2 1 3

19 NVIDIA Corp. NVDA $2.89b 42.1m 21.1k 7.8732% 15 3 5 6 1 1 3

20 International Business Machines IBM $2.19b 13.8m 48.5k 1.4436% 14 2 3 6 3 1 0

21 Intuit, Inc. INTU $2.54b 23m -203k 8.0881% 14 0 3 9 2 1 1

22 Baidu Inc. BIDU $6.16b 33.8m -90.7k 13 1 3 7 2 0 5

23 eBay Inc. EBAY $796m 24.2m -17.8k 2.044% 13 3 1 7 2 1 1

24 Oracle Corp ORCL $7.58b 193m -974k 4.6713% 13 0 5 6 2 3 3

25 EQUINIX INC COMMON STOCK REIT NEW EQIX $582m 1.62m -5.1k 2.2738% 13 2 1 5 5 0 5

TOP 25 INFORMATION TECHNOLOGY






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1 Monsanto Co. MON $2.01b 19.6m -694k 4.1976% 12 1 2 7 2 1 2

2 Praxair, Inc. PX $988m 8.18m -392k 2.8677% 11 0 5 4 2 0 1

3 Dow Chemical Co. DOW $1.06b 20.4m 218k 1.8131% 11 0 4 5 2 0 0

4 Sherwin-Williams Co. SHW $450m 1.63m 142k 1.7439% 10 1 5 1 3 0 0

5 Vulcan Materials Company VMC $318m 2.8m 92k 2.0992% 10 3 5 1 1 1 1

6 Martin Marietta Materials Inc. MLM $888m 4.96m -243k 7.6882% 9 0 3 5 1 0 1

7 Ecolab Inc. ECL $436m 3.58m 17.3k 1.211% 9 0 2 6 1 1 0

8 E. I. du Pont de Nemours & Co. DD $274m 4.09m -2.72m 0.4673% 7 0 1 3 3 0 0

9 AXALTA COAT SY AXTA $327m 11.6m 1.58m 4.8357% 7 1 4 1 1 0 1

10 Huntsman Corp HUN $148m 9.11m -382k 3.7327% 7 0 2 3 2 0 1

11 Newmont Mining Corp. (Holding Co.) NEM $126m 3.21m 546k 0.6045% 7 1 2 3 1 1 0

12 International Flavors and Fragrances, Inc. IFF $894m 6.25m -4.8k 7.8099% 7 0 3 3 1 0 0

13 Celanese Corp. Class A CE $1.22b 18.4m 300k 12.5076% 7 0 2 4 1 1 0

14 Air Products & Chemicals APD $331m 2.2m -436k 1.0158% 7 1 1 3 2 2 0

15 LyondellBasell Industries NV, ADR Class A LYB $304m 3.77m 280k 0.7732% 7 0 4 3 0 1 1

16 CF Industries Holdings Inc. CF $215m 8.83m 5.09m 3.789% 6 1 2 2 1 0 0

17 SPDR Gold Trust ETF GLD $75.6m 602k -200k 6 2 1 2 1 0 1

18 Freeport-McMoRan Copper and Gold, Inc. Class B FCX $1.52b 140m 0 10.5634% 6 0 2 2 2 0 0

19 Owens-Illinois, Inc. OI $92.7m 5.04m -260k 3.1084% 5 0 2 2 1 0 1

20 Agrium, Inc. AGU $920m 10.2m -21.6k 5 1 0 4 0 0 0

21 Weyerhaeuser Corp. WY $220m 6.9m -23.9k 0.9215% 5 1 0 2 2 0 0

22 International Paper Co. IP $29.6m 616k -24.6k 0.1373% 5 0 0 3 2 1 0

23 PPG Industries, Inc. PPG $309m 2.99m 63.8k 1.1238% 5 0 3 1 1 1 0

24 AptarGroup, Inc. ATR $544m 7.03m -25k 11.1642% 4 0 1 2 1 0 1

25 Mosaic Company (The) MOS $436m 17.8m -883k 4.851% 4 0 1 2 1 0 0

TOP 25 MATERIALS






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1 Danaher Corp. DHR $1.16b 14.9m -392k 2.152% 15 1 6 6 2 1 1

2 Ventas, Inc. VTR $627m 8.88m 11.4k 2.5263% 9 1 3 2 3 0 0

3 Simon Property Group, Inc. SPG $290m 1.4m -3.5k 0.4387% 8 1 3 3 1 0 0

4 Public Storage, Inc. PSA $315m 1.41m -1.1k 0.8141% 8 1 3 1 3 0 0

5 HCP Inc. HCP $289m 7.62m -30.6k 1.629% 6 1 1 1 3 0 0

6 Health Care REIT, Inc. HCN $60.5m 809k -12.5k 0.2261% 6 1 3 1 1 0 0

7 CBRE Group Inc. Class A CBG $134m 4.8m 10.8k 1.429% 6 1 2 3 0 0 1

8 Equity Residential Properties Trust EQR $61.4m 954k -11.9k 0.2609% 5 1 1 2 1 1 0

9 Vornado Realty Trust VNO $101m 996k -10.3k 0.5276% 5 1 1 2 1 0 1

10 ProLogis, Inc. PLD $70.7m 1.32m -19.8k 0.2507% 5 1 1 2 1 0 0

11 Jones Lang Lasalle Inc. JLL $536m 4.71m 64.6k 10.4332% 5 0 3 1 1 2 1

12 General Growth Properties Inc. (DE) GGP $45.9m 1.66m -14.7k 0.1881% 5 1 0 2 2 0 0

13 Apartment Investment & Management Co. AIV $49.6m 1.08m 3k 0.6577% 4 2 1 1 0 0 1

14 Macerich Company (The) MAC $35.6m 440k -7.2k 0.285% 4 0 2 1 1 0 0

15 SL Green Realty Corp. SLG $43.4m 401k 89.6k 0.4002% 4 0 1 2 1 0 1

16 Howard Hughes Corp. (The) HHC $393m 3.43m -13.3k 8.6143% 4 1 1 1 1 0 1

17 Realty Income Corp. O $26m 388k -15.5k 0.15% 4 1 0 2 1 0 0

18 Federal Realty Investment Trust FRT $31.6m 205k -700 0.2875% 4 1 0 2 1 0 0

19 AvalonBay Communities, Inc. AVB $42m 236k -1.3k 0.1721% 4 1 1 1 1 0 0

20 Starwood Property Trust Inc. STWD $179m 7.95m -16.2k 3.3415% 4 0 0 4 0 0 1

21 American Campus Communities, Inc. ACC $351m 6.9m 0 5.288% 3 0 0 2 1 0 0

22 Digital Realty Trust, Inc. DLR $27.7m 286k 91.2k 0.1945% 3 1 1 0 1 1 0

23 Host Hotels & Resorts Inc. HST $18.5m 1.19m -12.3k 0.158% 3 0 1 1 1 0 0

24 Extra Space Storage, Inc. EXR $15.3m 193k -200 0.1531% 3 0 0 2 1 2 0

25 Boston Properties, Inc. BXP $33.7m 247k -5.2k 0.1609% 3 1 0 1 1 0 0

TOP 25 REAL ESTATE






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1 Union Pacific Corp. UNP $5.82b 59.7m 0 5.3696% 17 2 5 7 3 0 1

2 Delta Air Lines Inc. DAL $1.46b 37.1m -47.8k 4.9485% 14 4 4 4 2 2 2

3 CSX Corp. CSX $2.02b 66.1m -1.68k 6.9921% 13 0 2 7 4 0 0

4 United Parcel Service, Inc. Class B UPS $1.17b 10.7m 0 1.5486% 13 0 2 9 2 0 0

5 Southwest Airlines Co. LUV $3.15b 81m 0 13.0674% 13 0 4 5 4 0 2

6 FedEx Corporation FDX $3.63b 20.8m -2.65k 7.8272% 11 0 2 6 3 0 3

7 Norfolk Southern Corp. NSC $942m 9.7m -66 3.2576% 9 0 2 4 3 0 0

8 Kansas City Southern Industries Inc. KSU $455m 4.87m -5.78k 4.4922% 9 1 1 5 2 0 2

9 United Continental Holding Co. UAL $2.69b 51.3m -19.1k 14.0733% 9 0 1 6 2 0 2

10 Spirit Airlines, Inc. SAVE $151m 3.54m 44.5k 5.055% 9 0 3 5 1 1 0

11 Allegiant Travel Co ALGT $120m 905k 45.7k 5.4922% 9 3 0 4 2 1 0

12 Alaska Air Group ALK $890m 13.5m 227k 10.7913% 8 1 1 3 3 0 2

13 JetBlue Airways Corp JBLU $421m 24.4m -102k 7.5451% 7 1 3 1 2 1 0

14 C.H. Robinson Worldwide CHRW $1.01b 14.3m 0 9.9847% 7 0 1 3 3 0 0

15 Hunt (J.B.) Transport Services, Inc. JBHT $514m 6.34m 0 5.6257% 6 0 2 3 1 1 0

16 Ryder System R $42.8m 648k 0 1.2121% 6 0 1 2 3 0 0

17 Landstar System Inc. LSTR $363m 5.33m 15.2k 12.6625% 6 1 1 2 2 0 0

18 American Airlines Group,Inc. AAL $1.73b 47.3m -4.46k 5 0 1 2 2 2 1

19 Kirby Corp KEX $504m 8.11m 14.4k 15.0572% 5 1 2 2 0 0 0

20 Swift Transportation Co Inc. SWFT $26.1m 1.2m -95.7k 1.3618% 4 2 0 2 0 2 0

21 Ryanair Holdings ADR RYAAY $1.17b 15.6m -7.2k 4 1 1 2 0 2 0

22 HERTZ GLOBAL HLD HTZ $116m 2.88m -5.51m 0.6803% 4 2 0 2 0 1 0

23 Expeditors Intl of Washington D.C. Inc. EXPD $80.5m 1.56m 0 0.8577% 4 0 0 3 1 0 0

24 Atlas Air Worldwide Holdings Inc. AAWW $23.3m 545k 0 3 0 0 1 2 0 1

25 Avis Budget Group Inc. CAR $163m 4.76m -1.59m 5.2381% 3 0 1 1 1 1 0

TOP 25 TRANSPORTS






WHALEWISDOM

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1 AT&T Inc. T $4.42b 109m -1.92m 1.6758% 20 0 6 10 4 2 5

2 Verizon Communications VZ $8.7b 167m -157k 4.1052% 17 0 6 9 2 0 3

3 American Tower Corp. Class A AMT $1.03b 9.12m -14.9k 2.1424% 13 1 2 7 3 0 1

4 Crown Castle International Corp CCI $2.86b 30.3m -12k 8.9783% 11 1 3 5 2 0 1

5 Consolidated Edison Co. of NY Inc. ED $58.1m 771k 444k 0.2533% 8 1 2 2 3 0 0

6 Kinder Morgan Inc. (DE) KMI $1.26b 54.7m 2.8m 2.4483% 8 1 2 2 3 1 0

7 Exelon Corp. EXC $1.94b 58.4m 0 6.3258% 8 0 1 5 2 0 0

8 NextEra Energy Inc. NEE $395m 3.23m -523k 0.6987% 7 0 1 5 1 1 0

9 T-Mobile USA Inc TMUS $560m 12m -690k 1.4578% 7 1 2 3 1 0 0

10 Southern Co. SO $754m 14.7m -759k 1.5609% 7 0 3 1 3 1 0

11 American Electric Power Co. AEP $143m 2.23m -29.4k 0.453% 7 0 1 3 3 0 0

12 Duke Energy Corp. DUK $1.36b 17m 0 2.4105% 7 0 3 2 2 0 0

13 Frontier Communications FTR $7.33m 1.76m 31k 0.1478% 6 0 1 1 4 0 0

14 Entergy Corp. ETR $23.2m 303k -761k 0.1692% 6 0 1 2 3 0 0

15 Zayo Group Holdings ZAYO $205m 6.89m 125k 6 3 2 1 0 1 0

16 FirstEnergy Corp. FE $101m 3.06m 975k 0.7189% 6 0 2 1 3 0 0

17 SBA Communications Corp. SBAC $364m 3.24m -146k 2.5791% 6 1 3 2 0 1 3

18 Centurylink Inc. CTL $936m 34.1m -724k 6.2485% 6 0 1 3 2 1 0

19 PG&E Corp. PCG $130m 2.13m -1.35m 0.00% 5 0 1 3 1 0 0

20 CMS Energy Corp. CMS $521m 12.4m 0 4.4347% 5 0 2 2 1 0 0

21 Public Service Enterprise Group, Inc. PEG $19.5m 465k 0 5 0 1 0 4 1 0

22 Edison International EIX $172m 2.38m -670k 0.5483% 5 0 3 1 1 1 0

23 American Water Works Inc. AWK $32.3m 432k -10.6k 0.2376% 5 0 0 3 2 0 0

24 PPL Corp. PPL $88.2m 2.55m -1.63m 0.3763% 5 0 2 1 2 1 0

25 Ameren Corporation AEE $120m 2.44m 0 1.0058% 4 0 2 1 1 0 0

TOP 25 UTILITIES & TELECOMMUNICATIONS






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HEDGE FUND OWNERSHIP REPORT – Q3 2016cdn.whalewisdom.com › newsletter › WhaleWisdom-2016-Q3.pdfFor Q3 2016 that means managers must disclose all qualifying assets held on September