NORRIS PERNE & FRENCH LLP/MI Information

40 PEARL ST NW, GRAND RAPIDS, Michigan, 49503, (616) 459-3421

Report Date: 06/30/2014

Position Statistics

Total Positions 179
New Positions 8
Increased Positions 77
Decreased Positions 67
Positions with Activity 144
Sold Out Positions 7
Total Mkt Value (in $ millions) 537

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

Sector Weighting

Basic Materials 8.45%
Capital Goods 8.16%
Conglomerates
Consumer Cyclical 0.8%
Consumer/Non-Cyclical 6.56%
Energy 5.39%
Financial 18.04%
Healthcare 17.26%
Services 6.77%
Technology 23.19%
Transportation 2.15%
Utilities 2.01%

179 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
INTERNATIONAL BUSINESS MACHS COM 954 -76 (7.35) 4,919
SPDR DOW JONES INDL AVRG ETF UT SER 1 953 -319 (25.07) 5,529
ISHARES TR MSCI EAFE ETF 845 -69 (7.58) 12,804
ISHARES TR S&P MC 400GR ETF 840 4 .47 5,357
STARBUCKS CORP COM 821 New 10,795
HORIZON BANCORP IND COM 782 782 New 34,352
ISHARES TR RUS MDCP VAL ETF 733 New 10,140
3M CO COM 716 66 10.15 4,884
ISHARES TR S&P 500 GRWT ETF 710 -23 (3.18) 6,526
ZILLOW INC CL A 660 -8 (1.18) 5,040
US BANCORP DEL COM NEW 651 62 10.58 15,051
GENTEX CORP COM 635 15 2.34 21,900
ROPER INDS INC NEW COM 576 7 1.32 3,850
MEDTRONIC INC COM 570 82 16.77 8,614
FIFTH THIRD BANCORP COM 542 28 5.50 25,887
C H ROBINSON WORLDWIDE INC COM NEW 529 -68 (11.37) 7,795
AMGEN INC COM 504 -86 (14.63) 3,500
ISHARES TR RUSSELL 2000 ETF 498 8 1.63 4,371
ISHARES TR SELECT DIVID ETF 485 30 6.68 6,389
ISHARES TR CORE S&P TTL STK 483 13 2.86 5,259