EMERY HOWARD PORTFOLIO MANAGEMENT, INC. Information

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

Report Date: 03/31/2013

Position Statistics:

Total Positions 30
New Positions 5
Increased Positions 14
Decreased Positions 13
Positions with Activity 27
Sold Out Positions 0
Total Mkt Value
(in $ millions)
271

Sector Weighting

Basic Materials
Capital Goods
Conglomerates
Consumer Cyclical
Consumer/Non-Cyclical
Energy
Financial 99.23%
Healthcare
Services
Technology
Transportation
Utilities

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

30 Positions as of 03/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
SPDR S&P 500 ETF TR TR UNIT 104,044 -3,815 (3.54) 623,239
VANGUARD TAX MANAGED INTL FD MSCI EAFE ETF 49,521 -602 (1.2) 1,269,443
VANGUARD INDEX FDS MID CAP ETF 24,632 -4 (0.02) 248,682
VANGUARD INTL EQUITY INDEX FD FTSE EMR MKT ETF 16,540 -196 (1.17) 375,746
VANGUARD INDEX FDS REIT ETF 16,168 -625 (3.72) 208,534
ISHARES TR RUSSELL 2000 15,811 -19 (0.12) 159,625
ISHARES TR CORE S&P500 ETF 8,173 746 10.05 48,704
ISHARES TR RUSSELL 1000 8,157 -60 (0.74) 87,835
ISHARES TR MSCI EAFE INDEX 5,965 175 3.01 94,615
ISHARES TR EPRA/NAR DEV R/E 4,399 -170 (3.72) 121,778
VANGUARD SPECIALIZED PORTFOLIO DIV APP ETF 2,178 -17 (0.76) 31,402
POWERSHARES QQQ TRUST UNIT SER 1 2,091 -2,075 (49.81) 28,136
SCHWAB STRATEGIC TR INTL EQTY ETF 1,574 257 19.52 53,358
SPDR GOLD TRUST GOLD SHS 1,544 New 11,780
BARCLAYS BANK PLC ETN DJUBS AGRI37 1,517 -49 (3.1) 28,746
VANGUARD INDEX FDS SMALL CP ETF 1,220 21 1.78 12,675
SPDR DOW JONES INDL AVRG ETF UT SER 1 1,217 55 4.72 7,945
SPDR INDEX SHS FDS S&P INTL SMLCP 1,048 -1,126 (51.79) 33,381
ISHARES TR MSCI EMERG MKT 886 .03 20,403
SPDR INDEX SHS FDS DJ INTL RL ETF 805 33 4.33 17,644