0001085146-18-000247.txt : 20180129 0001085146-18-000247.hdr.sgml : 20180129 20180129170848 ACCESSION NUMBER: 0001085146-18-000247 CONFORMED SUBMISSION TYPE: 13F-HR/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161231 FILED AS OF DATE: 20180129 DATE AS OF CHANGE: 20180129 EFFECTIVENESS DATE: 20180129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BAILARD, INC. CENTRAL INDEX KEY: 0000750641 IRS NUMBER: 942149863 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR/A SEC ACT: 1934 Act SEC FILE NUMBER: 028-01707 FILM NUMBER: 18556609 BUSINESS ADDRESS: STREET 1: 950 TOWER LANE SUITE 1900 CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 6505715800 MAIL ADDRESS: STREET 1: 950 TOWER LANE SUITE 1900 CITY: FOSTER CITY STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: BAILARD BIEHL & KAISER INC DATE OF NAME CHANGE: 19990402 13F-HR/A 1 primary_doc.xml 13F-HR/A LIVE false true false 0000750641 XXXXXXXX 12-31-2016 12-31-2016 true 1 RESTATEMENT false BAILARD, INC.

950 TOWER LANE SUITE 1900 FOSTER CITY CA 94404

13F HOLDINGS REPORT 028-01707 N Sonya Thadhani 650 571-5800 /s/ Sonya Thadhani Foster City CA 12-26-2017 0 297 1078556 false INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M COCOM88579Y101206611570SHSOLE 1157000ABBOTT LABSCOM00282410055914560SHSOLE 1456000ABBVIE INCCOM00287Y1093415446SHSOLE 544600ACCENTURE PLC IRELANDSHS CLASS AG1151C101816169676SHSOLE 6967600ACTIVISION BLIZZARD INCCOM00507V1092847867SHSOLE 786700ADECOAGRO S ACOML0084910650545200SHSOLE 4520000ADOBE SYS INCCOM00724F1015084933SHSOLE 493300AERIE PHARMACEUTICALS INCCOM00771V108314283000SHSOLE 8300000AGENUS INCCOM NEW00847G705610148000SHSOLE 14800000AGREE REALTY CORPCOM0084921002575590SHSOLE 559000AIR PRODS & CHEMS INCCOM0091581062251563SHSOLE 156300ALASKA AIR GROUP INCCOM011659109510857564SHSOLE 5756400ALEXANDRIA REAL ESTATE EQ INCOM0152711092962660SHSOLE 266000ALLSTATE CORPCOM020002101241132522SHSOLE 3252200ALPHA & OMEGA SEMICONDUCTORSHSG6331P10430314260SHSOLE 1426000ALPHABET INCCAP STK CL A02079K3051026712956SHSOLE 1295600ALPHABET INCCAP STK CL C02079K10756497319SHSOLE 731900ALTRIA GROUP INCCOM02209S1032984403SHSOLE 440300AMAZON COM INCCOM02313510611711562SHSOLE 156200AMERICAN CAMPUS CMNTYS INCCOM0248351002394800SHSOLE 480000AMERICAN EXPRESS COCOM025816109111415043SHSOLE 1504300AMERICAN NATL INS COCOM0285911052992400SHSOLE 240000AMGEN INCCOM0311621007014792SHSOLE 479200APARTMENT INVT & MGMT COCL A03748R1013648000SHSOLE 800000APPLE INCCOM03783310020895180409SHSOLE 18040900AT&T INCCOM00206R10263614963SHSOLE 1496300AUTOMATIC DATA PROCESSING INCOM0530151035895734SHSOLE 573400AUTOZONE INCCOM05333210216562097SHSOLE 209700B2GOLD CORPNOTE 3.250%10/011777QAB64242000SHSOLE 4200000BALL CORPCOM058498106148219745SHSOLE 1974500BANCOLOMBIA S ASPON ADR PREF05968L102118432279SHSOLE 3227900BANK AMER CORPCOM06050510443619751SHSOLE 1975100BECTON DICKINSON & COCOM0758871093011819SHSOLE 181900BERKSHIRE HATHAWAY INC DELCL A0846701082441SHSOLE 100BERKSHIRE HATHAWAY INC DELCL B NEW08467070211306935SHSOLE 693500BIODELIVERY SCIENCES INTL INCOM09060J106977558000SHSOLE 55800000BLACKROCK INCCOM09247X101568914949SHSOLE 1494900BOEING COCOM0970231052621685SHSOLE 168500BRISTOL MYERS SQUIBB COCOM110122108127021740SHSOLE 2174000BT GROUP PLCADR05577E101227898912SHSOLE 9891200CAPITAL ONE FINL CORPCOM14040H105114713145SHSOLE 1314500CATERPILLAR INC DELCOM1491231013433702SHSOLE 370200CELESTICA INCSUB VTG SHS15101Q10840634250SHSOLE 3425000CHEVRON CORP NEWCOM166764100216218365SHSOLE 1836500CHUNGHWA TELECOM CO LTDSPON ADR NEW1117133Q50234310886SHSOLE 1088600CISCO SYS INCCOM17275R1027409245166SHSOLE 24516600CITIGROUP INCCOM NEW1729674242313890SHSOLE 389000CITIZENS FINL GROUP INCCOM1746101054179117286SHSOLE 11728600COCA COLA COCOM19121610049711979SHSOLE 1197900COLGATE PALMOLIVE COCOM194162103463970892SHSOLE 7089200COMCAST CORP NEWCL A20030N101333448279SHSOLE 4827900COMMERCIAL VEH GROUP INCCOM20260810513324000SHSOLE 2400000COMPANIA DE MINAS BUENAVENTUSPONSORED ADR20444810490570200SHSOLE 7020000CONOCOPHILLIPSCOM20825C104294558736SHSOLE 5873600CORE LABORATORIES N VCOMN227171075974971SHSOLE 497100COSTCO WHSL CORP NEWCOM22160K105543733959SHSOLE 3395900CRANE COCOM224399105324044930SHSOLE 4493000CREDICORP LTDCOMG2519Y10813518557SHSOLE 855700CROWN HOLDINGS INCCOM228368106308758725SHSOLE 5872500CUMMINS INCCOM231021106232917039SHSOLE 1703900CVS HEALTH CORPCOM126650100424853833SHSOLE 5383300CYRUSONE INCCOM23283R1002094665SHSOLE 466500DANAHER CORP DELCOM235851102266534234SHSOLE 3423400DCT INDUSTRIAL TRUST INCCOM NEW2331532044319000SHSOLE 900000DDR CORPCOM23317H10239926100SHSOLE 2610000DELUXE CORPCOM248019101350648955SHSOLE 4895500DIGITAL RLTY TR INCCOM2538681034904985SHSOLE 498500DISCOVER FINL SVCSCOM2547091087771107795SHSOLE 10779500DISH NETWORK CORPCL A25470M109102117624SHSOLE 1762400DISNEY WALT COCOM DISNEY254687106631160558SHSOLE 6055800DOW CHEM COCOM2605431034057081SHSOLE 708100DUKE ENERGY CORP NEWCOM NEW26441C2042593336SHSOLE 333600DUKE REALTY CORPCOM NEW26441150546517500SHSOLE 1750000EASTGROUP PPTY INCCOM2772761013224360SHSOLE 436000ECOLAB INCCOM2788651004543873SHSOLE 387300ECOPETROL S ASPONSORED ADS27915810965170000SHSOLE 7000000ENERSYSCOM29275Y102251132145SHSOLE 3214500EOG RES INCCOM26875P101375837167SHSOLE 3716700EPR PPTYSCOM SH BEN INT26884U1092673718SHSOLE 371800EQUITY COMWLTHCOM SH BEN INT2946281022277500SHSOLE 750000EQUITY LIFESTYLE PPTYS INCCOM29472R1082273155SHSOLE 315500EQUITY RESIDENTIALSH BEN INT29476L1075999310SHSOLE 931000ESSEX PPTY TR INCCOM2971781052421039SHSOLE 103900EXPRESS SCRIPTS HLDG COCOM30219G108404358768SHSOLE 5876800EXXON MOBIL CORPCOM30231G102314534843SHSOLE 3484300FACEBOOK INCCL A30303M1021075093434SHSOLE 9343400FEDERAL MOGUL HOLDINGS CORPCOM31354940436835700SHSOLE 3570000FEDERAL REALTY INVT TRSH BEN INT NEW3137472063092175SHSOLE 217500FERRO CORPCOM31540510028720000SHSOLE 2000000FIDELITYMSCI ENERGY IDX31609240284339815SHSOLE 3981500FIRST BANCORP P RCOM NEW31867270639760000SHSOLE 6000000FLEX LTDORDY2573F1022925203517SHSOLE 20351700FORTIVE CORPCOM34959J10873913778SHSOLE 1377800GENERAL DYNAMICS CORPCOM36955010810205910SHSOLE 591000GENERAL ELECTRIC COCOM369604103133242144SHSOLE 4214400GENERAL MLS INCCOM370334104575593171SHSOLE 9317100GILEAD SCIENCES INCCOM375558103336046920SHSOLE 4692000GLOBAL X FDSGLBX MSCI COLUM37950E20020122000SHSOLE 2200000GUIDEWIRE SOFTWARE INCCOM40171V10092518749SHSOLE 1874900HOME DEPOT INCCOM437076102820561192SHSOLE 6119200HONEYWELL INTL INCCOM4385161066885937SHSOLE 593700HUMANA INCCOM44485910213006374SHSOLE 637400HUNTINGTON INGALLS INDS INCCOM446413106534729029SHSOLE 2902900ILLINOIS TOOL WKS INCCOM452308109474538746SHSOLE 3874600IMMUNOMEDICS INCCOM4529071081156315000SHSOLE 31500000INFOSYS LTDSPONSORED ADR45678810845530684SHSOLE 3068400INGERSOLL-RAND PLCSHSG4779110182010925SHSOLE 1092500INTEL CORPCOM4581401006646183249SHSOLE 18324900INTERNATIONAL BUSINESS MACHSCOM459200101502530274SHSOLE 3027400ISHARESAUSTRIA CAPD ETF46428620219511800SHSOLE 1180000ISHARESMSCI THI CAP ETF4642866242002775SHSOLE 277500ISHARES INCCORE MSCI EMKT46434G103180242458SHSOLE 4245800ISHARES INCMSCI RUS ETF NEW46434G7982046100SHSOLE 610000ISHARES INCMSCI TAIWAN ETF46434G772112238200SHSOLE 3820000ISHARES TR1-3 YR CR BD ETF464288646255024300SHSOLE 2430000ISHARES TRCALIF MUN BD ETF4642883561140998870SHSOLE 9887000ISHARES TRCOHEN&STEER REIT464287564241724260SHSOLE 2426000ISHARES TRCORE HIGH DV ETF46429B66395911660SHSOLE 1166000ISHARES TRCORE MSCITOTAL46432F8342024000SHSOLE 400000ISHARES TRCORE S&P MCP ETF4642875071142769114SHSOLE 6911400ISHARES TRCORE S&P SCP ETF464287804598243500SHSOLE 4350000ISHARES TRCORE S&P500 ETF464287200981043604SHSOLE 4360400ISHARES TRCORE US AGGBD ET46428722642618394394SHSOLE 39439400ISHARES TRGLB INFRASTR ETF464288372216955565SHSOLE 5556500ISHARES TRINTERM CR BD ETF4642886389919159SHSOLE 915900ISHARES TRINTRM GOV/CR ETF464288612640458300SHSOLE 5830000ISHARES TRMSCI ACWI EX US4642882404906121840SHSOLE 12184000ISHARES TRMSCI EAFE ETF464287465419372635SHSOLE 7263500ISHARES TRMSCI EMG MKT ETF464287234157845085SHSOLE 4508500ISHARES TRMSCI KLD400 SOC4642885702473000SHSOLE 300000ISHARES TRN AMER TECH ETF464287549345927942SHSOLE 2794200ISHARES TRNASDQ BIOTEC ETF4642875563531331SHSOLE 133100ISHARES TRNATIONAL MUN ETF46428841414872137475SHSOLE 13747500ISHARES TRNEW YORK MUN ETF4642883232021855SHSOLE 185500ISHARES TRRUS 2000 VAL ETF464287630670356355SHSOLE 5635500ISHARES TRRUS MID-CAP ETF464287499950953166SHSOLE 5316600ISHARES TRRUSSELL 2000 ETF46428765511678656SHSOLE 865600ISHARES TRS&P 100 ETF464287101312531464SHSOLE 3146400ISHARES TRS&P 500 GRWT ETF464287309365830034SHSOLE 3003400ISHARES TRS&P 500 VAL ETF464287408328532405SHSOLE 3240500ISHARES TRS&P MC 400GR ETF4642876064012201SHSOLE 220100ISHARES TRSELECT DIVID ETF464287168104911841SHSOLE 1184100ISHARES TRSP SMCP600VL ETF46428787918838134543SHSOLE 13454300ISHARES TRU.S. REAL ES ETF464287739163021180SHSOLE 2118000ISHARES TRUSA ESG SLCT ETF4642888026837423SHSOLE 742300JOHNSON & JOHNSONCOM4781601041117797012SHSOLE 9701200JOHNSON CTLS INTL PLCSHSG5150210588721537SHSOLE 2153700JPMORGAN CHASE & COCOM46625H10011008127574SHSOLE 12757400KAR AUCTION SVCS INCCOM48238T109186343721SHSOLE 4372100KILROY RLTY CORPCOM49427F1082934000SHSOLE 400000KIMBERLY CLARK CORPCOM494368103500543855SHSOLE 4385500KLA-TENCOR CORPCOM482480100202125688SHSOLE 2568800KULICKE & SOFFA INDS INCCOM50124210131920000SHSOLE 2000000LABORATORY CORP AMER HLDGSCOM NEW50540R4095344160SHSOLE 416000LAM RESEARCH CORPCOM5128071082112000SHSOLE 200000LEAR CORPCOM NEW521865204330224946SHSOLE 2494600LIBERTY PPTY TRSH BEN INT5311721042456200SHSOLE 620000LIFE STORAGE INCCOM53223X1072132500SHSOLE 250000LOCKHEED MARTIN CORPCOM5398301092621049SHSOLE 104900MCDONALDS CORPCOM5801351018567030SHSOLE 703000MEDTRONIC PLCSHSG5960L103456964147SHSOLE 6414700MERCK & CO INCCOM58933Y105447275969SHSOLE 7596900MICROSOFT CORPCOM59491810416797270303SHSOLE 27030300MINERALS TECHNOLOGIES INCCOM603158106390450541SHSOLE 5054100MONDELEZ INTL INCCL A6092071052866455SHSOLE 645500NATIONAL RETAIL PPTYS INCCOM6374171062215000SHSOLE 500000NAVIDEA BIOPHARMACEUTICALS ICOM63937X103610000SHSOLE 1000000NEOVASC INCCOM64065J106985569250SHSOLE 56925000NET 1 UEPS TECHNOLOGIES INCCOM NEW64107N20634329900SHSOLE 2990000NETEASE INCSPONSORED ADR64110W10221699000SHSOLE 900000NETGEAR INCCOM64111Q104274950573SHSOLE 5057300NEURODERM LTDORD SHSM74231107220999500SHSOLE 9950000NEWELL BRANDS INCCOM651229106339375988SHSOLE 7598800NEXTERA ENERGY INCCOM65339F1012882414SHSOLE 241400NIKE INCCL B65410610354710753SHSOLE 1075300NORFOLK SOUTHERN CORPCOM6558441084364038SHSOLE 403800NORTHROP GRUMMAN CORPCOM66680710219268280SHSOLE 828000NORTHWEST NAT GAS COCOM6676551042874800SHSOLE 480000NUVEEN CA QUALTY MUN INCOMECOM67066Y10538226995SHSOLE 2699500NXP SEMICONDUCTORS N VCOMN6596X109517152757SHSOLE 5275700OCCIDENTAL PETE CORP DELCOM674599105186126132SHSOLE 2613200OCULAR THERAPEUTIX INCCOM67576A1002065246752SHSOLE 24675200OHR PHARMACEUTICAL INCCOM NEW67778H200674449000SHSOLE 44900000ONE LIBERTY PPTYS INCCOM68240610326410500SHSOLE 1050000ORACLE CORPCOM68389X10577720216SHSOLE 2021600PACKAGING CORP AMERCOM695156109239828275SHSOLE 2827500PEOPLES UNITED FINANCIAL INCCOM71270410527514217SHSOLE 1421700PEPSICO INCCOM7134481088177811SHSOLE 781100PFIZER INCCOM71708110381525097SHSOLE 2509700PHILIP MORRIS INTL INCCOM7181721093684024SHSOLE 402400PHILLIPS 66COM7185461042012322SHSOLE 232200PIEDMONT OFFICE REALTY TR INCOM CL A72019020644121100SHSOLE 2110000PINNACLE WEST CAP CORPCOM7234841013804864SHSOLE 486400PNC FINL SVCS GROUP INCCOM693475105778066517SHSOLE 6651700POWERSHARES QQQ TRUSTUNIT SER 173935A10458587494490SHSOLE 49449000PPG INDS INCCOM693506107129913711SHSOLE 1371100PRAXAIR INCCOM74005P104202717294SHSOLE 1729400PROCTER AND GAMBLE COCOM742718109129715421SHSOLE 1542100PROLOGIS INCCOM74340W1032534792SHSOLE 479200PRUDENTIAL FINL INCCOM744320102529950924SHSOLE 5092400PUBLIC STORAGECOM74460D1092371061SHSOLE 106100QUAD / GRAPHICS INCCOM CL A74730110933612500SHSOLE 1250000QUALCOMM INCCOM7475251032934490SHSOLE 449000RAYONIER INCCOM75490710360722837SHSOLE 2283700RAYTHEON COCOM NEW7551115072962085SHSOLE 208500REGIONS FINL CORP NEWCOM7591EP10027519122SHSOLE 1912200RETAIL PPTYS AMER INCCL A76131V20262941000SHSOLE 4100000REYNOLDS AMERICAN INCCOM761713106141625263SHSOLE 2526300ROSS STORES INCCOM7782961032854350SHSOLE 435000SAP SESPON ADR8030542042252603SHSOLE 260300SCHLUMBERGER LTDCOM806857108400247668SHSOLE 4766800SCHNITZER STL INDSCL A8068821062278823SHSOLE 882300SCHWAB STRATEGIC TREMRG MKTEQ ETF8085247062175100868SHSOLE 10086800SCHWAB STRATEGIC TRINTL EQTY ETF808524805131747592SHSOLE 4759200SCHWAB STRATEGIC TRUS LCAP GR ETF8085243002845080SHSOLE 508000SCHWAB STRATEGIC TRUS LRG CAP ETF808524201232543668SHSOLE 4366800SCHWAB STRATEGIC TRUS REIT ETF80852484787321279SHSOLE 2127900SCHWAB STRATEGIC TRUS SML CAP ETF80852460769211258SHSOLE 1125800SELECT SECTOR SPDR TRRL EST SEL SEC81369Y860150148810SHSOLE 4881000SELECT SECTOR SPDR TRSBI CONS DISCR81369Y4073564375SHSOLE 437500SELECT SECTOR SPDR TRSBI CONS STPLS81369Y3084198103SHSOLE 810300SELECT SECTOR SPDR TRSBI HEALTHCARE81369Y2095457902SHSOLE 790200SELECT SECTOR SPDR TRSBI INT-ENERGY81369Y50654475723244SHSOLE 72324400SELECT SECTOR SPDR TRSBI INT-FINL81369Y6058503365716SHSOLE 36571600SELECT SECTOR SPDR TRTECHNOLOGY81369Y803407584252SHSOLE 8425200SIMON PPTY GROUP INC NEWCOM8288061093351883SHSOLE 188300SL GREEN RLTY CORPCOM78440X1015815398SHSOLE 539800SNAP ON INCCOM833034101586034213SHSOLE 3421300SPARK THERAPEUTICS INCCOM84652J103202640600SHSOLE 4060000SPDR GOLD TRUSTGOLD SHS78463V107218619940SHSOLE 1994000SPDR INDEX SHS FDSDJ INTL RL ETF78463X8633741103673SHSOLE 10367300SPDR INDEX SHS FDSMSCI ACWI EXUS78463X84842413450SHSOLE 1345000SPDR INDEX SHS FDSS&P GBLINF ETF78463X8552525600SHSOLE 560000SPDR S&P 500 ETF TRTR UNIT78462F10368215305176SHSOLE 30517600SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y10722147337SHSOLE 733700SPDR SER TRNUVEEN BLMBRG SR78468R73932660681268SHSOLE 68126800SPDR SER TRNUVEEN BRC MUNIC78468R72118774395741SHSOLE 39574100SPDR SER TRSPDR S&P 500 ETF78468R79661011395SHSOLE 1139500SPDR SERIES TRUSTBLOMBERG BRC SRT78464A47410069329812SHSOLE 32981200SPDR SERIES TRUSTS&P DIVID ETF78464A763108812711SHSOLE 1271100SPECTRA ENERGY CORPCOM847560109122729869SHSOLE 2986900SPECTRANETICS CORPMTNF 2.625% 6/084760CAA54241000SHSOLE 4100000SPROTT PHYSICAL GOLD TRUSTUNIT85207H1043388360775SHSOLE 36077500SSGA ACTIVE ETF TRBLKSTN GSOSRLN78467V608108822915SHSOLE 2291500STARBUCKS CORPCOM8552441092013612SHSOLE 361200STATE STR CORPCOM8574771032553287SHSOLE 328700STEMLINE THERAPEUTICS INCCOM85858C1071324123785SHSOLE 12378500STONERIDGE INCCOM86183P10226515000SHSOLE 1500000STRYKER CORPCOM863667101514542946SHSOLE 4294600SUN CMNTYS INCCOM8666741042303000SHSOLE 300000SYSCO CORPCOM8718291073987187SHSOLE 718700TAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADR874039100286899755SHSOLE 9975500TARGET CORPCOM87612E1063024178SHSOLE 417800TENNECO INCCOM880349105357057145SHSOLE 5714500TEXAS INSTRS INCCOM8825081043584906SHSOLE 490600THERMO FISHER SCIENTIFIC INCCOM883556102423730027SHSOLE 3002700TIME WARNER INCCOM NEW887317303598762022SHSOLE 6202200TJX COS INC NEWCOM872540109519369117SHSOLE 6911700TRAVELERS COMPANIES INCCOM89417E10910078227SHSOLE 822700TRINSEO S ASHSL9340P101259543763SHSOLE 4376300TUPPERWARE BRANDS CORPCOM899896104298856785SHSOLE 5678500UNION PAC CORPCOM907818108320430902SHSOLE 3090200UNITED PARCEL SERVICE INCCL B911312106636055475SHSOLE 5547500UNITED TECHNOLOGIES CORPCOM9130171097807111SHSOLE 711100UNITEDHEALTH GROUP INCCOM91324P102285517837SHSOLE 1783700US BANCORP DELCOM NEW9029733045755112038SHSOLE 11203800US FOODS HLDG CORPCOM9120081092870104425SHSOLE 10442500V F CORPCOM918204108391773422SHSOLE 7342200VANECK VECTORS ETF TRAMT FREE SHORT M92189F52811550669525SHSOLE 66952500VANECK VECTORS ETF TRBIOTECH ETF92189F7262182025SHSOLE 202500VANGUARD INDEX FDSLARGE CAP ETF9229086376456300SHSOLE 630000VANGUARD INDEX FDSREIT ETF9229085538602104234SHSOLE 10423400VANGUARD INDEX FDSSM CP VAL ETF922908611563146541SHSOLE 4654100VANGUARD INDEX FDSTOTAL STK MKT92290876954982476777SHSOLE 47677700VANGUARD INTL EQUITY INDEX FALLWRLD EX US92204277511182253092SHSOLE 25309200VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF9220428587987223238SHSOLE 22323800VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C870230526892SHSOLE 2689200VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C409415652359SHSOLE 5235900VANGUARD SCOTTSDALE FDSVNG RUS2000VAL92206C6494724577SHSOLE 457700VANGUARD SPECIALIZED PORTFOLDIV APP ETF9219088442542979SHSOLE 297900VANGUARD TAX MANAGED INTL FDFTSE DEV MKT ETF9219438586753184798SHSOLE 18479800VANGUARD WHITEHALL FDS INCHIGH DIV YLD9219464065196848SHSOLE 684800VANGUARD WORLD FDSCONSUM DIS ETF92204A108730556773SHSOLE 5677300VANGUARD WORLD FDSCONSUM STP ETF92204A207753056196SHSOLE 5619600VANGUARD WORLD FDSENERGY ETF92204A306342432705SHSOLE 3270500VANGUARD WORLD FDSHEALTH CAR ETF92204A504724457144SHSOLE 5714400VANGUARD WORLD FDSINDUSTRIAL ETF92204A603652454704SHSOLE 5470400VANGUARD WORLD FDSINF TECH ETF92204A70212308101303SHSOLE 10130300VANGUARD WORLD FDSMATERIALS ETF92204A801205118240SHSOLE 1824000VANGUARD WORLD FDSTELCOMM ETF92204A884162016172SHSOLE 1617200VANGUARD WORLD FDSUTILITIES ETF92204A876271725389SHSOLE 2538900VERIZON COMMUNICATIONS INCCOM92343V104303156789SHSOLE 5678900VISA INCCOM CL A92826C839649983300SHSOLE 8330000WAL-MART STORES INCCOM9311421034496489SHSOLE 648900WATERS CORPCOM9418481036384751SHSOLE 475100WELLS FARGO & CO NEWCOM949746101188134131SHSOLE 3413100ZOGENIX INCCOM NEW98978L2041847152000SHSOLE 15200000