HOLLENCREST CAPITAL MANAGEMENT Q2 2017 Filing

Filed July 12, 2017

Portfolio Value

$667.0B

Holdings

316

Report Date

Q2 2017

Filing Type

13F-HR

All Holdings (316 positions)

#	Stock	Shares	Value	% Portfolio
1	SPYSPDR S&P 500 ETF	411,381	$99.5B	14.91%
2	QQQPOWERSHARES QQQ TRUST SRS 1 ET	399,802	$55.0B	8.25%
3	BRK/BBERKSHIRE HATHAWAY B NEW CLASS	194,107	$32.9B	4.93%
4	UPSUNITED PARCEL SRVC CLASS B	290,853	$32.2B	4.82%
5	XLFITECHNOLOGY SELECT SECTOR SPDR	288,347	$15.8B	2.37%
6	—FIDELITY NATL FINL	324,775	$14.6B	2.18%
7	STTSELECT SECTOR HEALTH CARE SPDR	181,984	$14.4B	2.16%
8	IJRISHARES CORE S&P SMALL CAP ETF	198,240	$13.9B	2.08%
9	—POWERSHARES S&P 500 LOW VOLAT	273,780	$12.2B	1.84%
10	4I1PHILIP MORRIS INTL	97,345	$11.4B	1.71%
11	TSMTAIWAN SEMICONDUCTR F SPONSORE	307,085	$10.7B	1.61%
12	IVVISHARES CORE S&P 500 ETF	39,877	$9.7B	1.46%
13	—FIDELITY NATL INFO	111,455	$9.5B	1.43%
14	AMZNAMAZON COM INC	8,483	$8.2B	1.23%
15	DFJWISDOMTREE JAPAN HEDGED EQUITY	157,342	$8.2B	1.23%
16	VTVVANGUARD VALUE ETF	84,220	$8.1B	1.22%
17	—WILLIAMS PARTNERS LP LP	196,398	$7.9B	1.18%
18	IUSGISHARES CORE S&P US GROWTH ETF	156,012	$7.5B	1.13%
19	HYSPIMCO 0-5 YEAR HIGH YLD BND ID	71,195	$7.2B	1.08%
20	IGSBISHARES 1-3 YEAR CREDIT BOND E	67,885	$7.1B	1.07%
21	EWGISHARES MSCI GERMANY ETF	224,000	$6.8B	1.02%
22	PMBSPIMCO ACTIVE BOND ETF	62,941	$6.7B	1.00%
23	USBU S BANCORP	126,218	$6.6B	0.98%
24	—BLACKROCK MUNIYIELD	423,359	$6.4B	0.95%
25	INTCINTEL CORP	141,384	$4.8B	0.72%
26	—SPDR DOUBLELINE TTL RTRN TTCL	91,859	$4.5B	0.68%
27	LVLNSPDR BLMBRG BRCLY SHT TRM HGH	153,345	$4.3B	0.64%
28	—VANGUARD SCOTTSDALE FUNDS VANG	53,433	$4.3B	0.64%
29	AGGISHARES CORE US AGGREGATE BOND	36,889	$4.0B	0.61%
30	MSFTMICROSOFT CORP	58,080	$4.0B	0.60%
31	AAPLAPPLE INC	26,565	$3.8B	0.57%
32	PFEPFIZER INCORPORATED	113,161	$3.8B	0.57%
33	MRKMERCK & CO INC	57,207	$3.7B	0.55%
34	BACBANK OF AMERICA CORP	148,099	$3.6B	0.54%
35	CATCATERPILLAR INC	32,286	$3.5B	0.52%
36	CEFCENTRAL FUND CDA CF	272,400	$3.4B	0.50%
37	—BLACKROCK MUNICIPAL INCO	237,162	$3.4B	0.50%
38	ORCLORACLE CORPORATION	65,279	$3.3B	0.49%
39	IWFISHARES RUSSELL 1000 GROWTH ET	27,087	$3.2B	0.48%
40	TIPISHARES TIPS BOND ETF	27,696	$3.1B	0.47%
41	GEGENERAL ELECTRIC CO	115,370	$3.1B	0.47%
42	—PWRSHS FTSE RAFI DVPD MKT EX U	71,378	$3.0B	0.45%
43	VIGVANGUARD DIVIDEND APPRECIATION	31,923	$3.0B	0.44%
44	LQDISHARES IBOXX INVT GRADE BOND	23,847	$2.9B	0.43%
45	—SPDR S&P DIVIDEND ETF	32,234	$2.9B	0.43%
46	IWBISHARES RUSSELL 1000 ETF	21,110	$2.9B	0.43%
47	—POWERSHARES FTSE RAFI EMER MKT	143,000	$2.8B	0.43%
48	EFAISHARES MSCI EAFE ETF	43,476	$2.8B	0.42%
49	VWOVANGUARD FTSE EMERGING MARKETS	66,998	$2.7B	0.41%
50	OEFISHARES S&P 100 ETF	25,169	$2.7B	0.40%
51	TRVCCITIGROUP INC	39,212	$2.6B	0.39%
52	—BLKRCK MUNIYLD CA FD	165,511	$2.5B	0.38%
53	VUGVANGUARD INDEX FUNDS VANGUARD	19,657	$2.5B	0.37%
54	ICFISHARES COHEN AND STEERS REIT	24,333	$2.5B	0.37%
55	BRK-B1/100 BERKSHIRE HTWY CLA 100 S	900	$2.3B	0.34%
56	—VANECK VECTORS RUSSIA ETF	119,119	$2.3B	0.34%
57	IWRISHARES RUSSELL MID CAP ETF	11,870	$2.3B	0.34%
58	EUDGWISDOMTREE EUROPE HEDGED EQTY	35,616	$2.2B	0.33%
59	VTIVANGUARD TOTAL STOCK MARKET ET	17,382	$2.2B	0.32%
60	VZVERIZON COMMUNICATN	47,494	$2.1B	0.32%
61	MOALTRIA GROUP INC	27,530	$2.0B	0.31%
62	EZUISHARES MSCI EUROZONE ETF	50,653	$2.0B	0.31%
63	—FARM CREDIT BANK O 0PFD DUE 1	1,600	$2.0B	0.29%
64	PGPROCTER & GAMBLE	22,029	$1.9B	0.29%
65	—JPMORGAN CHASE & CO	20,542	$1.9B	0.28%
66	PFFISHARES S&P U S PFD FUND S&P U	47,824	$1.9B	0.28%
67	AQLTISHARES SELECT DIVIDEND ETF	20,312	$1.9B	0.28%
68	IMAIShares core MSCI Emerging Mar	36,043	$1.8B	0.27%
69	LDURPIMCO ENHANCED SHRT MATURTY AC	17,560	$1.8B	0.27%
70	—FIDELITY NATL FINL	111,033	$1.8B	0.26%
71	BXBLACKSTONE GROUP LP LP	51,704	$1.7B	0.26%
72	GABGABELLI EQUITY CF	275,542	$1.7B	0.26%
73	PACWUSDPACWEST BANCORP	34,842	$1.6B	0.24%
74	VNQVANGUARD REIT ETF	19,540	$1.6B	0.24%
75	—VANECK VECTORS JR GOLD MINERS	48,000	$1.6B	0.24%
76	BABOEING CO	7,976	$1.6B	0.24%
77	WQTMWISDOMTREE INDIA EARNINGS ETF	62,013	$1.5B	0.23%
78	AQLTISHARES MSCI INDIA INDEX ETF	46,263	$1.5B	0.22%
79	—POPE RESOURCES DEP LP	19,597	$1.5B	0.22%
80	OGZDGAZPROM PJSC F ADR 1 ADR REPS	363,600	$1.4B	0.22%
81	—EATON VANCE TAX ADVANTAG	64,028	$1.4B	0.21%
82	—ALPHABET INC. CLASS C	1,511	$1.4B	0.21%
83	METAFACEBOOK INC CLASS A	8,918	$1.3B	0.20%
84	—MANULIFE FINANCIAL F	70,786	$1.3B	0.20%
85	IWMISHARES RUSSELL 2000 ETF	9,420	$1.3B	0.20%
86	VVISA INC CLASS A	14,096	$1.3B	0.20%
87	XBOEXBLACKROCK ENHANCED GLOBA	95,873	$1.3B	0.19%
88	WMBWILLIAMS COMPANIES	40,784	$1.2B	0.19%
89	—J ALEXANDERS HOLDING CLASS A	98,772	$1.2B	0.18%
90	IWVISHARES RUSSELL 3000 ETF	8,323	$1.2B	0.18%
91	—ARRAY BIOPHARMA INC	141,470	$1.2B	0.18%
92	—COLONY NORTHSTAR INC	82,980	$1.2B	0.18%
93	IMAAtomera Incorporated	269,623	$1.1B	0.17%
94	VEAVANGUARD FTSE DEVELOPED MARKET	27,068	$1.1B	0.17%
95	EWZISHARES MSCI BRAZIL CAPPED ETF	32,000	$1.1B	0.16%
96	XLFISELECT SECTOR UTI SELECT SPDR	20,839	$1.1B	0.16%
97	LVLNSPDR S&P TRANSPORTATION ETF	19,390	$1.1B	0.16%
98	—TABLEAU SOFTWARE INC CLASS A	17,027	$1.0B	0.16%
99	ABXBARRICK GOLD CORP F	65,515	$1.0B	0.16%
100	CRMSALESFORCE COM	11,844	$1.0B	0.15%

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