Gradient Investments

Gradient Investments as of Dec. 31, 2011

Portfolio Holdings for Gradient Investments

Gradient Investments holds 315 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr Tr tr unit 784 13.5 $19M 155k 125.50
Vanguard Bd Index Fd Inc. Total bnd mrkt 921 9.7 $14M 167k 83.54
Proshares Tr pshs shrt s^p 743 7.9 $11M 282k 40.41
Ishares Russell 2000 Etf I Sh ares 464 6.2 $8.8M 120k 73.75
Ishares Tr barclys 1-3yr 464 5.9 $8.4M 81k 104.20
Ishares Tr barclys mbs b 464 4.0 $5.7M 53k 108.08
Msci Emerging Market Etf 464 3.6 $5.2M 137k 37.94
Select Sector Spdr Trsbiint-energy equity 813 3.3 $4.7M 68k 69.13
Ishares Tr D j us real est 464 3.2 $4.5M 80k 56.81
Ishares Tr barclys cr bd 464 3.0 $4.3M 39k 108.97
Select Sector Spdr Tr technology 813 2.9 $4.1M 161k 25.45
Ishares Tr s^p 1500 inde 464 2.8 $4.0M 71k 57.17
Vanguard Bd Index Fd Inc intermed term 921 2.6 $3.7M 43k 86.98
Select Sector Spdr Tr sbi int-utils 813 2.0 $2.8M 79k 35.98
Vanguard Lc Growth Index Etf growth etf 922 2.0 $2.8M 46k 61.76
Wisdomtree Trust smlcap earn f 977 1.9 $2.8M 55k 50.30
Spdr Series Trust barcl cap tip 784 1.7 $2.5M 42k 58.02
Wisdomtree Trust div ex-finl f 977 1.3 $1.9M 37k 52.01
Vngrd Ftse Allworld Exus Etf 922 1.1 $1.5M 39k 39.66
Vanguard Div Appreciation Etf et 921 1.1 $1.5M 28k 54.65
Ishares Barclays Tips Bond Fund et 464 1.0 $1.5M 13k 116.69
Powershares Db Cmdty Idx unit ben int 739 0.8 $1.1M 42k 26.84
Market Vectors Gold Miners 0.8 $1.1M 21k 51.41
Ishares Russell Midcap Index Fund et 464 0.8 $1.1M 11k 98.40
Spdr S&p Midcap 400 Etf Tr 784 0.5 $773k 4.8k 159.51
Ishares Tr iboxx inv cpbd 464 0.5 $752k 6.6k 113.72
Ishares Barclays 3-7 Yr Treas barclys 3-7 yr 464 0.5 $717k 5.9k 122.10
Google Inc. cl a 382 0.5 $656k 1.0k 646.31
Wisdomtree Trust defa fd 977 0.5 $641k 16k 40.89
Wisdomtree Emerging Markets Equity Inc Fd equity 977 0.4 $572k 11k 51.25
Spdr Series Trust s^p metals mn 784 0.4 $525k 11k 48.99
Vanguard Reit Etf reit etf 922 0.3 $493k 8.5k 57.98
Ishares Tr high yld corp 464 0.3 $482k 5.4k 89.39
Ishares Gold Trust Is hares 464 0.3 $464k 31k 15.23
Ishares Tr Us Pf d stk idx 464 0.3 $458k 13k 35.66
Wisdomtree Trust lrgecp value 977 0.3 $463k 11k 41.02
Exxon Mobil Corporation 0.3 $428k 5.0k 84.80
At&t 0.2 $342k 11k 30.22
Spdr Gold Trust Gold shs 784 0.2 $326k 2.1k 151.84
Chevron Corp 0.2 $326k 3.1k 106.40
Pfizer 0.2 $328k 15k 21.67
Foot Locker 0.2 $280k 12k 23.86
General Electric 0.2 $284k 16k 17.92
Intel Corp 0.2 $291k 12k 24.27
Merck & Co 0.2 $286k 7.6k 37.66
Block H&r 0.2 $272k 17k 16.32
Altria Group 0.2 $274k 9.2k 29.64
Johnson & Johnson Com 478 0.2 $269k 4.1k 65.69
Abbott Laboratories 0.2 $277k 4.9k 56.15
Genuine Parts 0.2 $275k 4.5k 61.27
Hcp 0.2 $279k 6.7k 41.44
Hunt 0.2 $274k 4.2k 65.13
Kraft Foods Inc-class A 0.2 $267k 7.1k 37.35
Omega Healthcare Investors 0.2 $278k 14k 19.35
Plains All Amer Pipeline 0.2 $275k 3.7k 73.55
Raytheon Company 0.2 $274k 5.7k 48.44
Verizon Communications 0.2 $273k 6.8k 40.09
Bce Inc C om new 055 0.2 $269k 6.5k 41.67
Community Bk Sys 0.2 $276k 9.9k 27.78
Transcanada 0.2 $268k 6.1k 43.68
Conocophillips 0.2 $260k 3.6k 72.87
Entergy Corp 0.2 $253k 3.5k 72.97
United Parcel Service Inc. Cl B 911 0.2 $255k 3.5k 73.11
Deluxe Corp 0.2 $255k 11k 22.75
Dst Systems 0.2 $260k 8.6k 30.11
International Paper 0.2 $255k 8.6k 29.60
Meadwestvaco Corp 0.2 $265k 8.8k 29.97
Southern 0.2 $257k 5.6k 46.28
Xcel Energy 0.2 $259k 9.4k 27.69
Blackrock Inc C om 092 0.2 $263k 1.5k 177.94
Brandywine Rlty Tr S h ben int new 105 0.2 $255k 27k 9.51
Government Pptys Income Tr C om shs ben int 383 0.2 $254k 11k 22.51
Maxim Integrated Prods Inc C om 577 0.2 $259k 9.9k 26.04
Brookfield Infrastructure 0.2 $263k 9.5k 27.68
Alliance Res Partner L P ut ltd part 018 0.2 $258k 3.4k 75.53
Rogers Communications cl b 775 0.2 $259k 6.7k 38.58
Tal Intl 0.2 $259k 9.0k 28.75
Toronto Dominion Bk Ont 0.2 $259k 3.5k 74.94
Campbell Soup 0.2 $251k 7.6k 33.19
Exelon Corp 0.2 $250k 5.8k 43.37
General Mills 0.2 $250k 6.2k 40.41
New York Community Bancorp 0.2 $248k 20k 12.38
Nucor Corp 0.2 $249k 6.3k 39.52
Du Pont 0.2 $236k 5.2k 45.81
Garmin 0.2 $235k 5.9k 39.88
Nyse Euronext 0.2 $235k 9.0k 26.09
Intersil Corp-a 0.1 $222k 21k 10.42
Companhia Siderurgica Na sponsored adr 204 0.1 $221k 27k 8.16
Wal-mart Stores Inc. Com 931 0.1 $153k 2.6k 59.84
Powershares Etf Trust Gbl Ls td pvt eqt 739 0.1 $151k 19k 8.02
Core Laboratories 0.1 $137k 1.2k 114.17
International Business Machs C 0.1 $132k 716.00 184.36
Ishares Tr S&p Shrt Trm Natl Amt 0.1 $125k 1.2k 108.13
Spdr Series Trust nuvn brcly mu 784 0.1 $133k 5.6k 23.65
Home Depot 0.1 $114k 2.7k 42.22
Spdr Series Trust nuvn br sht m 784 0.1 $121k 5.0k 24.28
Etfs Precious Metals phys pm bskt 269 0.1 $101k 1.2k 86.10
Powershares Db G10 Curcy 0.1 $106k 4.4k 23.85
United States Steel Corp 0.1 $90k 3.4k 26.47
Hollyfrontier 0.1 $74k 3.2k 23.31
Ishares Tr barclys 20+ y 464 0.1 $72k 595.00 121.01
Biogen Idec 0.0 $61k 550.00 110.91
Spectra Energy Corp 0.0 $56k 1.8k 30.87
Ishares Silver Trustishares equity 464 0.0 $59k 2.2k 26.95
American Eqty Invt Life 0.0 $62k 6.0k 10.33
Dow Chemical Co/the 0.0 $40k 1.4k 28.57
Eaton Corp 0.0 $40k 926.00 43.20
Medco Health Solutions 0.0 $36k 638.00 56.43
Tyco International 0.0 $40k 850.00 47.06
Sector Spdr Financial Etf Com 813 0.0 $48k 3.7k 12.97
Templeton Global Income 0.0 $38k 4.0k 9.57
Ishares Tr Cohen & Steer Realty Majors I et 464 0.0 $38k 535.00 71.03
Ing Prime Rate Tr sh ben int 449 0.0 $50k 9.8k 5.09
Wisdomtree Trust glb ex us rl 977 0.0 $47k 2.0k 23.44
Occidental Petroleum, Corp. 0.0 $25k 265.00 94.34
Anadarko Petroleum Corp 0.0 $26k 335.00 77.61
Hewlett-packard 0.0 $29k 1.1k 25.99
Pepsico 0.0 $30k 450.00 66.67
Schlumberger 0.0 $24k 345.00 69.57
Southwestern Energy 0.0 $26k 800.00 32.50
Msci Eafe Index Etf Shares 464 0.0 $27k 541.00 49.91
Platinum Trust Etfs equity 269 0.0 $26k 191.00 136.13
Ii Vi 0.0 $31k 1.7k 18.24
Ishares Tr 1 3 Yr Treas Index barclys 1-3yr 464 0.0 $22k 258.00 85.27
Ishares Trust Index Fund Ftse Xinhua Hk et 464 0.0 $35k 1.0k 35.00
Bacterin Intl Hldgs 0.0 $29k 10k 2.90
First Tr Ise Globl Coppr 0.0 $28k 943.00 29.69
Templeton Emerg Mkts 0.0 $25k 1.6k 15.53
Amazon 0.0 $8.0k 46.00 173.91
E M C Corp Mass 0.0 $15k 707.00 21.22
Emerson Elec 0.0 $9.0k 203.00 44.33
Freeport-mcmoran Cop&g 0.0 $19k 506.00 37.55
Precious Tra 0.0 $9.0k 110.00 81.82
Abb Ltd- 0.0 $8.0k 400.00 20.00
Microsoft Corp 0.0 $18k 710.00 25.35
Symantec Corp. 0.0 $13k 850.00 15.29
Apache Corp. 0.0 $8.0k 88.00 90.91
Union Pacific Corp. Com 907 0.0 $10k 90.00 111.11
Aes Corp 0.0 $8.0k 716.00 11.17
America Movil-adr Series L adr 023 0.0 $10k 440.00 22.73
American Express 0.0 $8.0k 172.00 46.51
Amphenol Corp-cl A 0.0 $8.0k 187.00 42.78
Applied Materials 0.0 $9.0k 823.00 10.94
Archer-daniels-mid.. 0.0 $8.0k 286.00 27.97
Ares Capital Corp 0.0 $13k 850.00 15.29
Cme Group 0.0 $8.0k 33.00 242.42
Cognizant Tech Solutions-a 0.0 $9.0k 144.00 62.50
Csx Corp 0.0 $8.0k 393.00 20.36
Cvs Caremark Corp 0.0 $9.0k 218.00 41.28
Deere & Co 0.0 $18k 235.00 76.60
Estee Lauder Companies-cl A 0.0 $8.0k 74.00 108.11
Fedex Corp 0.0 $8.0k 99.00 80.81
Glaxosmithkline Plc-spon Adr adr 377 0.0 $10k 225.00 44.44
Heartware International 0.0 $8.0k 518.00 15.44
Illinois Tool Works 0.0 $8.0k 178.00 44.94
Macy's 0.0 $8.0k 256.00 31.25
National Oilwell Varco 0.0 $8.0k 120.00 66.67
Newell Rubbermaid 0.0 $9.0k 546.00 16.48
Nuvasive 0.0 $11k 900.00 12.22
Oracle Corp 0.0 $10k 395.00 25.32
Reynolds American 0.0 $8.0k 205.00 39.02
Starwood Hotels & Resorts 0.0 $8.0k 175.00 45.71
Texas Instruments 0.0 $8.0k 276.00 28.99
Tiffany & Co 0.0 $10k 145.00 68.97
United Technologies Corp 0.0 $8.0k 105.00 76.19
Windstream Corp 0.0 $8.0k 710.00 11.27
Convergys Corp C om 212 0.0 $14k 1.1k 12.56
Sanofi Aventis S ponsored adr 801 0.0 $10k 265.00 37.74
I Shares Barclays Agg Etf 464 0.0 $20k 180.00 111.11
Covidien Plc equity g25 0.0 $20k 435.00 45.98
Bhp Billiton Ltd - Spon Adr adr 088 0.0 $8.0k 115.00 69.57
Siemens A G Sponsored Adr Adr S ponsored 826 0.0 $10k 100.00 100.00
SPDR SERIES TRUST Intermd Cr Etf Exchange traded fund 784 0.0 $17k 513.00 33.14
Toll Brothers 0.0 $8.0k 410.00 19.51
Te Connectivity Ltd. Re g shs h84 0.0 $8.0k 250.00 32.00
Unilever Nv Ny shs new 904 0.0 $9.0k 260.00 34.62
Level 3 Communications, Inc. equit527 0.0 $13k 738.00 17.62
Ishares Inc. Msci pac j idx 464 0.0 $16k 410.00 39.02
Vanguard Energy Index et 922 0.0 $10k 100.00 100.00
Elan Corp Plc -spons Adr adr 284 0.0 $10k 738.00 13.55
Blackrock Equity Div Trust 0.0 $15k 1.7k 8.82
Blackrock Strat Equity 0.0 $16k 1.7k 9.60
Ishares Tr msci acjpn id 464 0.0 $9.0k 175.00 51.43
Ishares Tr barclys sh tr 464 0.0 $11k 100.00 110.00
Ishares Tr epra/nar dev 464 0.0 $11k 450.00 24.44
Ishares Tr barclys inter 464 0.0 $16k 148.00 108.11
Ishares Tr epra/nar dev 464 0.0 $11k 460.00 23.91
Ishares Tr s^p citint tb 464 0.0 $11k 109.00 100.92
Logitech Intl S A shs h50 0.0 $16k 2.0k 8.00
Market Vectors Etf Tr agribus etf 570 0.0 $17k 365.00 46.58
Nuveen Tx Adv Total Ret 0.0 $15k 1.5k 9.69
Polyone 0.0 $12k 1.0k 12.00
Provident Energy 0.0 $8.0k 800.00 10.00
Vanguard Index Fds value etf 922 0.0 $21k 395.00 53.16
Wats 0.0 $8.0k 121.00 66.12
Baidu Com Inc. spon adr rep a 056 0.0 $6.0k 55.00 109.09
Coca Cola 0.0 $0 7.00 0.00
Fluor Corp 0.0 $0 9.00 0.00
Ishares Tr russell mcp gr 464 0.0 $5.0k 83.00 60.24
Jpmorgan Chase & Company 0.0 $0 13.00 0.00
Netapp 0.0 $4.0k 110.00 36.36
Valero Energy Corp. 0.0 $999.950000 35.00 28.57
Medtronic 0.0 $6.0k 155.00 38.71
Sprint Nextel 0.0 $0 165.00 0.00
Kroger 0.0 $999.990000 41.00 24.39
Comcast Corp. 0.0 $999.900000 33.00 30.30
Firstenergy 0.0 $0 7.00 0.00
Apple Inc. Com 037 0.0 $999.990000 3.00 333.33
Southwest Airlines Co. Com 844 0.0 $0 58.00 0.00
Emmis Communications Corp cl a 291 0.0 $5.0k 100.00 50.00
Aetna 0.0 $999.900000 30.00 33.33
Agilent Technologies 0.0 $5.0k 152.00 32.89
Alcatel-lucent-sponsored Adr adr 013 0.0 $0 4.00 0.00
Allergan 0.0 $7.0k 85.00 82.35
Altera Corp 0.0 $1.0k 14.00 71.43
Amerisourcebergen Corp 0.0 $1.0k 16.00 62.50
Amgen 0.0 $1.0k 21.00 47.62
Analog Devices 0.0 $999.970000 19.00 52.63
Bed Bath & Beyond 0.0 $999.900000 30.00 33.33
Berkshire Hathaway Inc-cl B 0.0 $2.0k 30.00 66.67
Blackstone Group Lp/the 0.0 $3.0k 197.00 15.23
Boeing Co/the 0.0 $6.0k 85.00 70.59
Bristol-myers Squibb 0.0 $1.0k 36.00 27.78
Ca 0.0 $0 24.00 0.00
Camden Property Trust 0.0 $2.0k 39.00 51.28
Capital One Financial Corp 0.0 $0 11.00 0.00
Cardinal Health 0.0 $1.0k 23.00 43.48
Caterpillar 0.0 $6.0k 70.00 85.71
Cf Industries Holdings 0.0 $1.0k 6.00 166.67
Cliffs Natural Resources 0.0 $0 6.00 0.00
Corning 0.0 $999.960000 52.00 19.23
Dell 0.0 $1.0k 72.00 13.89
Discover Financial Services 0.0 $1.0k 42.00 23.81
Dover Corp 0.0 $7.0k 125.00 56.00
Dr Pepper Snapple Group 0.0 $999.960000 13.00 76.92
Eli Lilly & Co 0.0 $999.900000 33.00 30.30
Fidelity National Finl-a 0.0 $2.0k 151.00 13.25
Gap Inc/the 0.0 $0 25.00 0.00
General Dynamics Corp 0.0 $1.0k 8.00 125.00
Goldman Sachs Group 0.0 $6.0k 68.00 88.24
Halliburton 0.0 $4.0k 110.00 36.36
Sh.karthik P 0.0 $5.0k 95.00 52.63
L-3 Communications Holdings 0.0 $0 6.00 0.00
Limited Brands 0.0 $1.0k 14.00 71.43
Lockheed Martin Corp 0.0 $1.0k 14.00 71.43
M & T Bank Corp 0.0 $3.0k 34.00 88.24
Marathon Oil Corp 0.0 $999.950000 35.00 28.57
Nabors Industries 0.0 $0 21.00 0.00
Owens Corning 0.0 $1.0k 40.00 25.00
Pepco Holdings 0.0 $3.0k 130.00 23.08
Philip Morris International 0.0 $999.960000 12.00 83.33
Pnc Financial Services Group 0.0 $6.0k 110.00 54.55
Procter & Gamble Co/the 0.0 $4.0k 62.00 64.52
Progress Energy 0.0 $3.0k 48.00 62.50
Regions Financial Corp 0.0 $999.020000 209.00 4.78
Ross Stores 0.0 $1.0k 16.00 62.50
Ryder System 0.0 $999.960000 12.00 83.33
Sara Lee Corp 0.0 $999.940000 34.00 29.41
Sempra Energy 0.0 $3.0k 47.00 63.83
Time Warner 0.0 $6.0k 166.00 36.14
Unitedhealth Group 0.0 $999.960000 26.00 38.46
Unum Group 0.0 $0 20.00 0.00
Urs Corp 0.0 $999.940000 17.00 58.82
Waste Management 0.0 $3.0k 100.00 30.00
Wellpoint 0.0 $1.0k 10.00 100.00
Wells Fargo & Co 0.0 $6.0k 219.00 27.40
Western Union 0.0 $1.0k 53.00 18.87
Diamond Offshore Drill Com Comm on stock 252 0.0 $6.0k 100.00 60.00
American Cap Ltd C om 025 0.0 $4.0k 637.00 6.28
Banco Bradesco S A S p adr pfd new 059 0.0 $3.0k 180.00 16.67
Cinemark Holdings Inc C om 172 0.0 $3.0k 182.00 16.48
Cnooc Ltd S ponsored adr 126 0.0 $7.0k 42.00 166.67
Mitsubishi Ufj Finl Group In S ponsored adr 606 0.0 $4.0k 900.00 4.44
Transocean Ltd R eg shs h88 0.0 $0 13.00 0.00
Vale S A A dr 919 0.0 $4.0k 205.00 19.51
S&p 500 Index I Sh ares 464 0.0 $2.0k 16.00 125.00
Ishares Russell 2000 Val 464 0.0 $3.0k 48.00 62.50
Apollo Invt Corp equity 037 0.0 $6.0k 880.00 6.82
Atlantic Power Corp equity 048 0.0 $7.0k 500.00 14.00
Banco Santander Sa equity 059 0.0 $5.0k 665.00 7.52
Spdr Series Trustdbint Gvt Etf equity 784 0.0 $6.0k 110.00 54.55
Motorola Solutions Inc Com mon stock 620 0.0 $1.0k 25.00 40.00
American Capital Agency Corp 0.0 $4.0k 160.00 25.00
Marathon Petroleum Corporation 0.0 $0 13.00 0.00
Bally Technologies Inc equity 058 0.0 $0 5.00 0.00
Mosaic Co equity 619 0.0 $2.0k 40.00 50.00
American Intl Group Inc. *w Exp 01/19/202 026 0.0 $0 1.00 0.00
Honda Motor Ltd Ame rn shs 438 0.0 $4.0k 145.00 27.59
Proshares Tr Pshs U ltsh 20yrs 743 0.0 $3.0k 181.00 16.57
Rio Tinto Plc Spons ored adr 767 0.0 $7.0k 140.00 50.00
Ishares Inc. msci brazil 464 0.0 $5.0k 80.00 62.50
Office Depot 0.0 $1.0k 337.00 2.97
Alps Etf Tr equal sec etf 001 0.0 $4.0k 100.00 40.00
Bank Nova Scotia Halifax 0.0 $7.0k 140.00 50.00
Barclays Bk Plc ipth s^p vix 067 0.0 $4.0k 125.00 32.00
Cenovus Energy 0.0 $4.0k 125.00 32.00
Cincinnati Bell 0.0 $4.0k 1.2k 3.45
Citizens Inc cl a 174 0.0 $1.0k 67.00 14.93
Complete Genomics 0.0 $0 50.00 0.00
Consolidated Comm Hldgs 0.0 $999.680000 64.00 15.62
Eaton Vance Txmgd Gl Buywr 0.0 $5.0k 500.00 10.00
Exact Sciences 0.0 $1.0k 100.00 10.00
Gabelli Divd & Income Tr 0.0 $3.0k 200.00 15.00
Greenhaven Cont Cmdty Ind unit ben int 395 0.0 $3.0k 103.00 29.13
Hitachi Limited adr 10 com 433 0.0 $4.0k 85.00 47.06
Ishares Tr rusl 2000 gro 464 0.0 $3.0k 37.00 81.08
Lithia Mtrs Inc cl a 536 0.0 $4.0k 172.00 23.26
Mine Safety Appliances 0.0 $1.0k 38.00 26.32
Parametric Technology 0.0 $0 13.00 0.00
Sanofi right 12/31/2 801 0.0 $0 100.00 0.00
Shaw Communications Inc cl b conv 820 0.0 $2.0k 114.00 17.54
Spdr Series Trust brclys yld et 784 0.0 $5.0k 118.00 42.37
Sun Life Finl 0.0 $2.0k 98.00 20.41
Tortoise Pwr & Energy Inf 0.0 $5.0k 200.00 25.00
Vanguard Index Fds mcap vl idxvi 922 0.0 $5.0k 91.00 54.95