Hays Advisory

Hays Advisory as of Sept. 30, 2011

Portfolio Holdings for Hays Advisory

Hays Advisory holds 46 positions in its portfolio as reported in the September 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
SPDR S&P MidCap 400 ETF (MDY) 11.8 $65M 454k 142.13
Precision Castparts 4.5 $25M 159k 155.46
Core Laboratories 4.4 $24M 269k 89.83
Dick's Sporting Goods (DKS) 4.4 $24M 721k 33.46
Discovery Communications 4.1 $23M 599k 37.62
Cameron International Corporation 3.9 $21M 516k 41.54
Cognizant Technology Solutions (CTSH) 3.7 $20M 320k 62.70
AmerisourceBergen (COR) 3.6 $20M 535k 37.27
Cummins (CMI) 3.5 $19M 238k 81.66
Danaher Corporation (DHR) 3.5 $19M 460k 41.94
Vanguard REIT ETF (VNQ) 3.5 $19M 379k 50.87
Oracle Corporation (ORCL) 3.5 $19M 658k 28.74
Agrium 3.3 $18M 273k 66.66
Informatica Corporation 3.3 $18M 441k 40.95
America Movil Sab De Cv spon adr l 3.1 $17M 774k 22.08
FactSet Research Systems (FDS) 3.1 $17M 189k 88.97
Nu Skin Enterprises (NUS) 3.0 $17M 409k 40.52
Directv 3.0 $17M 392k 42.27
Joy Global 3.0 $16M 262k 62.38
McKesson Corporation (MCK) 3.0 $16M 225k 72.70
Accenture (ACN) 2.9 $16M 300k 52.68
Banco Bradesco SA (BBD) 2.8 $16M 1.1M 14.79
Flowserve Corporation (FLS) 2.5 $14M 188k 74.00
HealthSpring 2.4 $13M 361k 36.46
Impax Laboratories 2.4 $13M 733k 17.91
Southern Copper Corporation (SCCO) 2.0 $11M 445k 24.99
Hldgs (UAL) 1.9 $11M 551k 19.38
Veeco Instruments (VECO) 1.9 $11M 429k 24.40
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $865k 7.2k 120.83
Market Vectors Indonesia Index 0.1 $623k 25k 25.29
iShares MSCI Switzerland Index Fund (EWL) 0.1 $592k 27k 21.65
iShares MSCI South Korea Index Fund (EWY) 0.1 $555k 12k 46.61
iShares MSCI Malaysia Index Fund 0.1 $530k 44k 12.19
iShares MSCI Thailand Index Fund (THD) 0.1 $571k 11k 53.21
iShares MSCI Sweden Index (EWD) 0.1 $520k 23k 22.97
Schwab Intl Small Cap Equity ETF (SCHC) 0.1 $566k 24k 23.59
Global X Fds equity (NORW) 0.1 $520k 34k 15.38
First Trust Cnsmer Disry Alpha Fnd (FXD) 0.1 $491k 27k 17.98
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $483k 5.7k 84.62
SPDR S&P Emerging Europe 0.1 $440k 12k 35.86
PowerShares Dynamic Energy Sector 0.1 $358k 11k 31.41
iShares MSCI South Africa Index (EZA) 0.1 $341k 6.0k 56.61
Vanguard Mid-Cap Growth ETF (VOT) 0.1 $347k 6.4k 54.37
PowerShares Nasdaq Internet Portfol 0.0 $218k 6.9k 31.82
Powershares Etf Tr Ii s^p smcp hc po 0.0 $222k 8.0k 27.65
First Trust Materials AlphaDEX Fnd (FXZ) 0.0 $190k 10k 18.25