HOLLENCREST CAPITAL MANAGEMENT Q2 2016 Filing

Filed July 8, 2016

Portfolio Value

$648.2M

Holdings

427

Report Date

Q2 2016

Filing Type

13F-HR

All Holdings (427 positions)

#	Stock	Shares	Value	% Portfolio
1	SPYSPDR S&P 500 ETF IV	232,851	$48.8M	7.53%
2	QQQPOWERSHARES QQQ TRUST SRS 1 ET	339,624	$36.5M	5.63%
3	UPSUNITED PARCEL SRVC CLASS B	323,778	$34.9M	5.38%
4	BRK/BBERKSHIRE HATHAWAY B NEW CLASS	194,289	$28.1M	4.34%
5	XLFISPDR FUND CONSUMER DISCRE SEL	162,125	$12.7M	1.95%
6	—FIDELITY NATIONAL FINANCIALIN	326,335	$12.2M	1.89%
7	XLFITECHNOLOGY SELECT SECTOR SPDR	281,289	$12.2M	1.88%
8	VTVVANGUARD VALUE ETF IV	135,552	$11.5M	1.78%
9	—POWERSHARES S&P 500 LOW VOLAT	243,008	$10.4M	1.60%
10	4I1PHILIP MORRIS INTL	98,752	$10.0M	1.55%
11	—FIDELITY NATL INFO	134,685	$9.9M	1.53%
12	IGSBISHARES 1-3 YEAR CREDIT BOND E	92,026	$9.8M	1.51%
13	IVVISHARES CORE S&P 500ETF	42,911	$9.0M	1.39%
14	ITBISHARES US HOME CONSTRUCT ETF	326,394	$9.0M	1.39%
15	—WILLIAMS PARTNERS LP LP	234,428	$8.1M	1.25%
16	TSMTAIWAN SEMICONDUCTR F ADR 1 AD	308,777	$8.1M	1.25%
17	IUSGISHARES CORE US GROWTH ETF	95,617	$7.8M	1.20%
18	—GOLDEN GATE CAP OPPTNTY FD LP	6,879,898	$7.6M	1.17%
19	—SPDR S&P OIL & GAS EXPL & PROD	213,901	$7.4M	1.15%
20	EPPISHARES MSCI PACIFIC EX JAPAN	188,663	$7.4M	1.14%
21	—BLACKROCK MUNIYIELD CALI	435,979	$7.2M	1.12%
22	INTCINTEL CORP	206,817	$6.8M	1.05%
23	LQDISHARES IBOXX INVT GRADE BOND	51,087	$6.3M	0.97%
24	PFEPFIZER INCORPORATED	168,686	$5.9M	0.92%
25	VZVERIZON COMMUNICATN	102,162	$5.7M	0.88%
26	ISTBISHARES CORE 1-5 YEAR USD BO	54,785	$5.6M	0.86%
27	AMZNAMAZON COM INC	7,717	$5.5M	0.85%
28	DFJWISDOMTREE JAPAN HEDGED EQUITY	139,848	$5.4M	0.84%
29	MRKMERCK & CO INC	93,597	$5.4M	0.83%
30	USBU S BANCORP	130,173	$5.3M	0.81%
31	HYSPIMCO 0-5 YEAR HIGH YLD BND ID	52,759	$5.1M	0.79%
32	CATCATERPILLAR INC	60,072	$4.6M	0.70%
33	EWGISHARES MSCI GERMANY ETF IV	184,000	$4.4M	0.68%
34	PMBSPIMCO TOTAL RETURN ACTIVE ETF	38,916	$4.2M	0.64%
35	—ALPS ALERIAN MLP ETF	326,887	$4.2M	0.64%
36	LVLNSPDR BARCLAYS SHORT TERM HIGH	152,894	$4.1M	0.64%
37	PFFISHARES U S PFD ETF U S PFD ST	100,146	$4.0M	0.62%
38	AGGISHARES CORE US AGGRGT BOND ET	35,222	$4.0M	0.61%
39	CEFCENTRAL FUND CDA CF	272,400	$3.8M	0.58%
40	—BLACKROCK MUNICIPAL INCO	226,356	$3.6M	0.55%
41	SHYISHARES 1-3 YEAR TREASURY BO	41,600	$3.5M	0.55%
42	NEARISHARES SHORT MATURITY BOND	69,860	$3.5M	0.54%
43	GEGENERAL ELECTRIC CO	111,042	$3.5M	0.54%
44	TIPISHARES TIPS BOND ETF	26,227	$3.1M	0.47%
45	AAPLAPPLE INC	30,980	$3.0M	0.46%
46	MSFTMICROSOFT CORP	56,955	$2.9M	0.45%
47	—BLACKROCK MUNIYIELD CALI	159,511	$2.8M	0.43%
48	IWFISHARES RUSSELL 1000 GROWTH ET	26,754	$2.7M	0.41%
49	VIGVANGUARD DIVIDEND APPRECIATION	30,767	$2.6M	0.40%
50	SHVISHARES SHORT TREASURY BOND	22,660	$2.5M	0.39%
51	IWRISHARES TR RUS MID-CAPETF	14,780	$2.5M	0.38%
52	EFAISHARES MSCI EAFE ETF	44,412	$2.5M	0.38%
53	—SPDR S&P DIVIDEND ETF IV	29,433	$2.5M	0.38%
54	IWBISHARES RUSSELL 1000 ETF	20,545	$2.4M	0.37%
55	ICFISHARES COHEN AND STEERS REIT	21,773	$2.4M	0.36%
56	OEFISHARES S&P 100 ETF	25,169	$2.3M	0.36%
57	—VANGUARD SCOTTSDALE FUNDS VANG	28,487	$2.3M	0.36%
58	ORCLORACLE CORPORATION	55,638	$2.3M	0.35%
59	—SPDR DOW JONES INTER REAL ESTA	53,486	$2.2M	0.34%
60	MOALTRIA GROUP INC	30,767	$2.1M	0.33%
61	VUGVANGUARD INDEX FUNDS VANGUARD	19,440	$2.1M	0.32%
62	—VANECK VECTORS RUSSIA ETF	117,500	$2.0M	0.32%
63	XLFIENERGY SELECT SECTOR SPDR ETF	29,391	$2.0M	0.31%
64	BACBANK OF AMERICA CORP	151,131	$2.0M	0.31%
65	BRK-B1/100 BERKSHIRE HTWY CLA 100 S	900	$2.0M	0.30%
66	—FARM CREDIT BK O 10%PFD DUE 12	1,600	$1.9M	0.29%
67	—VANECK VECTORS JR GOLD MINERS	44,000	$1.9M	0.29%
68	—ISHARES MSCI ITALY CAPPED ETF	172,600	$1.9M	0.29%
69	—ENERGY TRANSFER PART LP	49,081	$1.9M	0.29%
70	VTIVANGUARD TOTAL STOCK MARKET ET	17,122	$1.8M	0.28%
71	AQLTISHARES SELECT DIVIDEND ETF	21,237	$1.8M	0.28%
72	VNQVANGUARD REIT ETF	20,215	$1.8M	0.28%
73	PGPROCTER & GAMBLE	20,672	$1.8M	0.27%
74	GELGENESIS ENERGY LP LP	42,472	$1.6M	0.25%
75	—SPDR EURO STOXX 50 ETF IV	51,843	$1.6M	0.25%
76	OGZDGAZPROM PJSC F ADR 1 ADR REPS	363,600	$1.6M	0.24%
77	GABGABELLI EQUITY TR INC	284,760	$1.6M	0.24%
78	NGLNGL ENERGY PARTNER LP	79,300	$1.5M	0.24%
79	—SUNOCO LOGISTICS PTN LP	53,160	$1.5M	0.24%
80	PACWUSDPACWEST BANCORP	38,179	$1.5M	0.23%
81	MDYSPDR S&P MIDCAP 400 ETF IV	5,550	$1.5M	0.23%
82	EPDENTERPRISE PRODUCTS LP	51,002	$1.5M	0.23%
83	TRGPTARGA RESOURCES CORP	35,300	$1.5M	0.23%
84	EUDGWISDOMTREE EUROPE HEDGED EQTY	28,677	$1.4M	0.22%
85	—JPMORGAN CHASE & CO	23,157	$1.4M	0.22%
86	—ONEOK PARTNERS LP LP	35,545	$1.4M	0.22%
87	ABXBARRICK GOLD CORP F	65,515	$1.4M	0.22%
88	—EATON VANCE TAX ADVANTAG	69,393	$1.4M	0.22%
89	PAAPLAINS ALL AMERICAN LP	50,663	$1.4M	0.21%
90	VVISA INC CLASS A	18,658	$1.4M	0.21%
91	ETENERGY TRANSFER EQUITY	95,513	$1.4M	0.21%
92	—BUCKEYE PARTNERS LP LP	19,482	$1.4M	0.21%
93	—ENLINK MIDSTREAM PTR LP	81,567	$1.4M	0.21%
94	WEPMAGELLAN MIDSTREAM P LP	17,002	$1.3M	0.20%
95	JNJJOHNSON & JOHNSON	10,613	$1.3M	0.20%
96	WMBWILLIAMS COMPANIES	59,156	$1.3M	0.20%
97	—FIDELITY NATIONAL FINANCIALIN	111,033	$1.3M	0.20%
98	IMAIShares core MSCI Emerging Mar	30,292	$1.3M	0.20%
99	—POPE RESOURCES DEP LP	19,597	$1.3M	0.19%
100	TRVCCITIGROUP INC NEW	29,193	$1.2M	0.19%

Page 1 of 5Next