NOVEN FINANCIAL GROUP, INC. Information

1777 S. HARRISON STREET, DENVER, Colorado, 80210, (303) 782-9100

Report Date: 12/31/2014

Position Statistics

Total Positions 49
New Positions 13
Increased Positions 21
Decreased Positions 25
Positions with Activity 46
Sold Out Positions 15
Total Mkt Value (in $ millions) 141

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 85.71%
Healthcare 2%
Services 0.23%
Technology 1.08%
Transportation
Utilities

49 Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
VANGUARD INDEX FDS GROWTH ETF 18,590 -1,674 (8.26) 170,005
ISHARES TR SP SMCP600GR ETF 15,495 15,495 New 118,274
ISHARES TR RUS MD CP GR ETF 15,257 15,257 New 153,034
VANGUARD INDEX FDS MCAP VL IDXVIP 14,779 14,779 New 158,727
VANGUARD INDEX FDS SM CP VAL ETF 14,774 14,774 New 133,589
VANGUARD INDEX FDS VALUE ETF 14,082 14,082 New 165,297
VANGUARD ADMIRAL FDS INC 500 GRTH IDX F 7,807 4,998 177.95 75,379
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 5,845 -153 (2.55) 393,047
VANGUARD ADMIRAL FDS INC 500 VAL IDX FD 4,867 4,867 New 53,350
ISHARES GOLD TRUST ISHARES 3,460 2,554 281.85 298,310
ISHARES U.S. PFD STK ETF 2,873 217 8.16 71,688
ISHARES TR MRNGSTR LG-CP GR 2,765 -366 (11.69) 23,009
SPDR SERIES TRUST S&P 500 GROWTH 2,726 -362 (11.71) 27,261
VANGUARD INDEX FDS MCAP GR IDXVIP 2,691 -14,906 (84.71) 24,663
VANGUARD ADMIRAL FDS INC MIDCP 400 VAL 2,521 -5,475 (68.47) 25,061
VANGUARD INDEX FDS TOTAL STK MKT 1,966 44 2.29 17,976
AMPIO PHARMACEUTICALS INC COM 1,900 New 238,390
APPLE INC COM 999 23 2.31 7,916
BERKSHIRE HATHAWAY INC DEL CL B NEW 955 438 84.77 6,720
CLOVIS ONCOLOGY INC COM 859 New 9,443