Efficient Market Advisors

Efficient Market Advisors as of Dec. 31, 2013

Portfolio Holdings for Efficient Market Advisors

Efficient Market Advisors holds 156 positions in its portfolio as reported in the December 2013 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Ishares Tr fltg rate nt (FLOT) 15.6 $53M 1.0M 50.72
iShares S&P MidCap 400 Index (IJH) 12.4 $42M 314k 133.81
Vanguard S&p 500 Etf idx (VOO) 9.2 $31M 184k 169.15
Spdr S&p 500 Etf (SPY) 8.4 $28M 154k 184.69
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 7.9 $27M 254k 105.46
iShares S&P US Pref Stock Idx Fnd (PFF) 5.4 $18M 492k 36.83
iShares iBoxx $ High Yid Corp Bond (HYG) 5.0 $17M 183k 92.88
Vanguard Emerging Markets ETF (VWO) 4.5 $15M 367k 41.14
iShares Russell 2000 Index (IWM) 4.2 $14M 123k 115.36
iShares S&P SmallCap 600 Index (IJR) 3.8 $13M 116k 109.13
Vanguard Europe Pacific ETF (VEA) 3.4 $12M 276k 41.68
Powershares Senior Loan Portfo mf 2.8 $9.4M 379k 24.88
PowerShares Listed Private Eq. 2.5 $8.5M 704k 12.10
Vanguard REIT ETF (VNQ) 2.5 $8.3M 129k 64.56
Vanguard Large-Cap ETF (VV) 2.0 $6.8M 80k 84.80
iShares MSCI EAFE Index Fund (EFA) 1.9 $6.6M 98k 67.09
Vanguard Mid-Cap ETF (VO) 1.4 $4.7M 43k 110.01
Spdr Short-term High Yield mf (SJNK) 1.0 $3.5M 113k 30.85
Schwab Emerging Markets Equity ETF (SCHE) 0.8 $2.6M 106k 24.60
Vanguard Small-Cap ETF (VB) 0.5 $1.6M 14k 109.96
Vanguard FTSE All-World ex-US ETF (VEU) 0.5 $1.5M 30k 50.74
SPDR Barclays Capital High Yield B 0.4 $1.5M 37k 40.57
Vanguard Total Stock Market ETF (VTI) 0.3 $1.2M 13k 95.87
McDonald's Corporation (MCD) 0.3 $1.0M 10k 97.04
iShares Cohen & Steers Realty Maj. (ICF) 0.3 $933k 13k 74.71
NetApp (NTAP) 0.3 $885k 22k 41.16
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.3 $867k 10k 84.38
Ishares Inc core msci emkt (IEMG) 0.2 $804k 16k 49.82
Vanguard Total Bond Market ETF (BND) 0.2 $784k 9.8k 80.07
Schwab Strategic Tr us lrg cap etf (SCHX) 0.2 $578k 13k 44.09
Sch Us Mid-cap Etf etf (SCHM) 0.2 $580k 16k 37.43
United Sts Commodity Index F (USCI) 0.1 $506k 9.0k 56.07
Schwab U S Small Cap ETF (SCHA) 0.1 $415k 7.9k 52.51
Home Depot (HD) 0.1 $346k 4.2k 82.38
Vanguard Dividend Appreciation ETF (VIG) 0.1 $344k 4.6k 75.31
Schwab International Equity ETF (SCHF) 0.1 $223k 7.1k 31.54
Costco Wholesale Corporation (COST) 0.1 $215k 1.8k 118.78
Exxon Mobil Corporation (XOM) 0.1 $212k 2.1k 101.29
Cutwater Select Income 0.1 $155k 8.4k 18.36
iShares MSCI Emerging Markets Indx (EEM) 0.0 $135k 3.2k 41.94
Chevron Corporation (CVX) 0.0 $126k 1.0k 124.63
At&t (T) 0.0 $135k 3.8k 35.07
CPI Aerostructures (CVU) 0.0 $137k 9.1k 15.05
PowerShares VRDO Tax Free Weekly Por ETF 0.0 $125k 5.0k 25.00
Spdr Euro Stoxx 50 Etf (FEZ) 0.0 $132k 3.1k 42.15
General Electric Company 0.0 $106k 3.8k 28.00
Verizon Communications (VZ) 0.0 $113k 2.3k 49.11
Miller Industries (MLR) 0.0 $102k 5.5k 18.55
Motorcar Parts of America (MPAA) 0.0 $93k 4.8k 19.38
PowerShares Preferred Portfolio 0.0 $89k 6.6k 13.50
iShares FTSE EPRA/NAREIT Dev Gl Real ETF (IFGL) 0.0 $97k 3.2k 30.77
Microsoft Corporation (MSFT) 0.0 $75k 2.0k 37.50
Goldman Sachs (GS) 0.0 $71k 400.00 177.50
Pfizer (PFE) 0.0 $66k 2.2k 30.70
Procter & Gamble Company (PG) 0.0 $83k 1.0k 81.85
Ford Motor Company (F) 0.0 $77k 5.0k 15.40
iShares MSCI Japan Index 0.0 $65k 5.4k 12.07
Zix Corporation 0.0 $73k 16k 4.56
iShares Lehman Aggregate Bond (AGG) 0.0 $62k 587.00 105.62
iShares MSCI United Kingdom Index 0.0 $69k 3.3k 20.76
Market Vectors-Coal ETF 0.0 $84k 4.3k 19.40
SPDR Nuveen Barclays Cap Clfrn Mncpl Bnd 0.0 $66k 3.0k 22.00
SPDR Wells Fargo Prfd Stk ETF (PSK) 0.0 $82k 2.1k 39.25
Blackrock MuniHoldings CA Insrd Fnd (MUC) 0.0 $65k 5.0k 13.13
Nuveen CA Select Tax-Free Incom Port (NXC) 0.0 $68k 5.0k 13.60
Nuveen Calif Municpal Valu F 0.0 $58k 4.0k 14.50
Facebook Inc cl a (META) 0.0 $60k 1.1k 54.55
Violin Memory 0.0 $79k 20k 3.95
Columbia Ppty Tr 0.0 $60k 2.4k 25.01
JPMorgan Chase & Co. (JPM) 0.0 $18k 300.00 60.00
Coca-Cola Company (KO) 0.0 $21k 500.00 42.00
Johnson & Johnson (JNJ) 0.0 $38k 414.00 91.79
Paychex (PAYX) 0.0 $18k 400.00 45.00
Apple (AAPL) 0.0 $42k 75.00 560.00
Deere & Company (DE) 0.0 $18k 200.00 90.00
iShares S&P 500 Index (IVV) 0.0 $22k 116.00 189.66
Google 0.0 $45k 40.00 1125.00
Linn Energy 0.0 $18k 600.00 30.00
Humana (HUM) 0.0 $41k 400.00 102.50
iShares MSCI Hong Kong Index Fund (EWH) 0.0 $29k 1.4k 20.60
CBL & Associates Properties 0.0 $19k 1.1k 18.04
iShares MSCI Brazil Index (EWZ) 0.0 $27k 610.00 44.26
Financial Select Sector SPDR (XLF) 0.0 $24k 1.1k 21.82
iShares MSCI Germany Index Fund (EWG) 0.0 $48k 1.5k 31.94
iShares MSCI Australia Index Fund (EWA) 0.0 $43k 1.8k 24.54
iShares MSCI Switzerland Index Fund (EWL) 0.0 $25k 756.00 33.07
ACADIA Pharmaceuticals (ACAD) 0.0 $25k 1.0k 25.00
iShares MSCI France Index (EWQ) 0.0 $24k 858.00 27.97
Nuveen Ins Ca Tx Fr Adv Mun (NKX) 0.0 $25k 2.0k 12.36
ALCO Stores 0.0 $45k 4.7k 9.49
Chubb Corporation 0.0 $999.960000 13.00 76.92
Barrick Gold Corp (GOLD) 0.0 $12k 700.00 17.14
Time Warner Cable 0.0 $2.0k 12.00 166.67
Northeast Utilities System 0.0 $999.960000 26.00 38.46
Bank of America Corporation (BAC) 0.0 $16k 1.0k 16.00
Wal-Mart Stores (WMT) 0.0 $999.960000 13.00 76.92
Baxter International (BAX) 0.0 $1.0k 16.00 62.50
Walt Disney Company (DIS) 0.0 $6.0k 75.00 80.00
Carnival Corporation (CCL) 0.0 $4.0k 100.00 40.00
Newmont Mining Corporation (NEM) 0.0 $9.0k 400.00 22.50
SYSCO Corporation (SYY) 0.0 $1.0k 32.00 31.25
W.W. Grainger (GWW) 0.0 $1.0k 4.00 250.00
AFLAC Incorporated (AFL) 0.0 $1.0k 20.00 50.00
Intel Corporation (INTC) 0.0 $5.0k 200.00 25.00
Nordstrom (JWN) 0.0 $1.0k 18.00 55.56
Analog Devices (ADI) 0.0 $999.960000 26.00 38.46
Novartis (NVS) 0.0 $1.0k 16.00 62.50
Aol 0.0 $0 4.00 0.00
Colgate-Palmolive Company (CL) 0.0 $1.0k 20.00 50.00
ConocoPhillips (COP) 0.0 $1.0k 21.00 47.62
General Mills (GIS) 0.0 $1.0k 25.00 40.00
International Business Machines (IBM) 0.0 $7.0k 35.00 200.00
Merck & Co (MRK) 0.0 $14k 285.00 49.12
Nextera Energy (NEE) 0.0 $1.0k 14.00 71.43
Pepsi (PEP) 0.0 $6.0k 73.00 82.19
Praxair 0.0 $1.0k 11.00 90.91
Sigma-Aldrich Corporation 0.0 $1.0k 14.00 71.43
Wisconsin Energy Corporation 0.0 $999.960000 13.00 76.92
Qualcomm (QCOM) 0.0 $8.0k 106.00 75.47
Starbucks Corporation (SBUX) 0.0 $1.0k 11.00 90.91
Lowe's Companies (LOW) 0.0 $2.0k 32.00 62.50
Abercrombie & Fitch (ANF) 0.0 $0 6.00 0.00
Clorox Company (CLX) 0.0 $1.0k 14.00 71.43
Kellogg Company (K) 0.0 $999.970000 19.00 52.63
FactSet Research Systems (FDS) 0.0 $999.990000 9.00 111.11
Frontier Communications 0.0 $999.360000 288.00 3.47
J.M. Smucker Company (SJM) 0.0 $999.960000 12.00 83.33
PowerShares DB Com Indx Trckng Fund 0.0 $13k 510.00 25.49
Eaton Vance 0.0 $1.0k 18.00 55.56
JDS Uniphase Corporation 0.0 $0 1.00 0.00
Allied Nevada Gold 0.0 $3.0k 800.00 3.75
Exeter Res Corp 0.0 $2.0k 3.0k 0.67
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.0 $1.0k 11.00 90.91
iShares Dow Jones U.S. Index Fund (IYY) 0.0 $2.0k 22.00 90.91
General Motors Company (GM) 0.0 $0 9.00 0.00
iShares MSCI Singapore Index Fund 0.0 $12k 912.00 13.16
Eaton Vance Limited Duration Income Fund (EVV) 0.0 $10k 648.00 15.43
Nuveen California Municipal Value Fund (NCA) 0.0 $9.0k 1.0k 9.00
Invesco Van Kampen Cal Val Mun Inc Trust (VCV) 0.0 $12k 1.1k 11.08
PowerShares 1-30 Laddered Treasury 0.0 $0 1.00 0.00
SPDR Barclays Capital 1-3 Month T- 0.0 $10k 218.00 45.87
SPDR Dow Jones Global Real Estate (RWO) 0.0 $0 3.00 0.00
Vanguard Total World Stock Idx (VT) 0.0 $13k 227.00 57.27
Eaton Vance California Mun. Income Trust (CEV) 0.0 $12k 1.1k 10.84
Nuveen California Select Qlty Mun Inc Fu 0.0 $14k 1.0k 14.00
Eaton Vance Calif Mun Bd 0.0 $11k 1.0k 11.00
Nuveen CA Dividend Advantage Muni. Fund (NAC) 0.0 $13k 1.0k 13.00
Nuveen CA Div Adv Muni Fd 3 Ben Int 0.0 $11k 1.0k 11.00
Schwab U S Broad Market ETF (SCHB) 0.0 $4.0k 81.00 49.38
Citigroup (C) 0.0 $10k 200.00 50.00
General Mtrs Co *w exp 07/10/201 0.0 $0 8.00 0.00
General Mtrs Co *w exp 07/10/201 0.0 $0 8.00 0.00
Pimco Etf Tr 0-5 high yield (HYS) 0.0 $0 1.00 0.00
Schwab Strategic Tr us aggregate b (SCHZ) 0.0 $2.0k 31.00 64.52
Schwab Strategic Tr us dividend eq (SCHD) 0.0 $0 5.00 0.00
Phillips 66 (PSX) 0.0 $1.0k 11.00 90.91