EMERY HOWARD PORTFOLIO MANAGEMENT, INC. Information

400 SOUTH EL CAMINO REAL, SUITE 700, SAN MATEO, California, 94402, (650) 579-7100

Report Date: 03/31/2014

Position Statistics

Total Positions 29
New Positions 0
Increased Positions 20
Decreased Positions 7
Positions with Activity 27
Sold Out Positions 1
Total Mkt Value (in $ millions) 320

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 96.47%
Healthcare
Services
Technology
Transportation
Utilities

29 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT 118,334 1,201 1.03 595,692
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 54,126 74 .14 1,272,965
VANGUARD INDEX FDS MID CAP ETF 28,354 279 1.00 238,271
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 19,815 935 4.95 439,560
ISHARES TR RUSSELL 2000 ETF 17,579 -215 (1.21) 153,342
VANGUARD INDEX FDS REIT ETF 16,695 563 3.49 218,064
ISHARES TR CORE S&P500 ETF 13,656 763 5.92 68,318
BARCLAYS BK PLC DJUBS CMDT ETN36 11,325 532 4.93 300,407
ISHARES TR RUS 1000 ETF 9,183 -319 (3.35) 82,726
ISHARES TR MSCI EAFE ETF 7,044 -6 (0.09) 103,246
ISHARES INTL DEV RE ETF 3,867 New 118,877
SCHWAB STRATEGIC TR INTL EQTY ETF 3,316 498 17.66 100,569
VANGUARD SPECIALIZED PORTFOLIO DIV APP ETF 2,483 15 .61 31,839
POWERSHARES QQQ TRUST UNIT SER 1 1,908 -2 (0.09) 19,649
SCHWAB STRATEGIC TR US MID-CAP ETF 1,800 296 19.71 45,048
VANGUARD INDEX FDS SMALL CP ETF 1,476 19 1.29 12,841
VANGUARD INTL EQUITY INDEX FD GLB EX US ETF 1,382 10 .75 23,257
SPDR INDEX SHS FDS S&P INTL SMLCP 1,212 29 2.43 34,421
ISHARES TR MSCI EMG MKT ETF 1,158 20 1.78 25,750
SPDR DOW JONES INDL AVRG ETF UT SER 1 1,100 -138 (11.13) 6,453