Horizon Investments

Horizon Investments as of March 31, 2014

Portfolio Holdings for Horizon Investments

Horizon Investments holds 105 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 18.2 $141M 751k 187.01
iShares Russell 1000 Value Index (IWD) 13.1 $101M 1.0M 96.50
iShares S&P 500 Index (IVV) 12.7 $98M 520k 188.14
iShares MSCI ACWI ex US Index Fund (ACWX) 6.5 $50M 1.1M 46.57
SPDR KBW Bank (KBE) 4.6 $36M 1.0M 34.04
iShares Russell Midcap Growth Idx. (IWP) 4.6 $36M 415k 85.80
iShares Lehman Aggregate Bond (AGG) 4.5 $34M 318k 107.91
Ishares Inc msci india index (INDA) 3.2 $25M 925k 26.43
iShares Dow Jones Transport. Avg. (IYT) 3.1 $24M 176k 135.45
Ishares Tr Index option 2.9 $23M 550k 41.01
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.2 $17M 169k 101.73
Vanguard Total Bond Market ETF (BND) 2.2 $17M 208k 81.19
Powershares Senior Loan Portfo mf 2.1 $16M 657k 24.81
Advisorshares Tr peritus hg yld 1.1 $8.9M 168k 52.60
Ishares Tr fltg rate nt (FLOT) 1.1 $8.8M 174k 50.71
Vanguard Mortgage Bkd Sects ETF (VMBS) 1.1 $8.5M 164k 51.72
iShares Russell 1000 Growth Index (IWF) 1.1 $8.4M 97k 86.54
Vanguard Emerging Markets ETF (VWO) 1.1 $8.2M 202k 40.58
iShares Barclays 20+ Yr Treas.Bond (TLT) 1.0 $7.5M 69k 109.10
iShares Lehman Short Treasury Bond (SHV) 0.7 $5.5M 50k 110.27
Vanguard Value ETF (VTV) 0.6 $4.6M 59k 78.12
iShares MSCI EAFE Index Fund (EFA) 0.6 $4.5M 67k 67.20
PowerShares Hgh Yield Corporate Bnd 0.6 $4.6M 236k 19.42
Vanguard Total World Stock Idx (VT) 0.6 $4.5M 76k 59.68
iShares S&P/Citi Intl Treasury Bond (IGOV) 0.6 $4.4M 43k 102.94
Market Vectors High Yield Muni. Ind 0.6 $4.4M 150k 29.55
Spdr Series Trust equity (IBND) 0.4 $3.2M 86k 37.31
iShares MSCI EMU Index (EZU) 0.4 $2.7M 65k 42.28
PowerShrs CEF Income Cmpst Prtfl 0.3 $2.7M 108k 24.74
Spdr Series Trust brcly em locl (EBND) 0.3 $2.6M 87k 29.66
iShares MSCI Cntry Asa Jpn Idx Fnd (AAXJ) 0.3 $2.4M 41k 59.10
Vanguard Mid-Cap ETF (VO) 0.3 $2.4M 21k 113.59
SPDR Barclays Capital Intl Tresy Bd ETF (BWX) 0.3 $2.3M 39k 59.38
SPDR Barclays Capital Convertible SecETF (CWB) 0.3 $2.3M 48k 48.39
Spdr Series Trust cmn (HYMB) 0.3 $2.3M 42k 54.65
Corning Incorporated (GLW) 0.3 $2.0M 97k 20.81
Taiwan Semiconductor Mfg (TSM) 0.2 $1.8M 91k 20.02
Microsoft Corporation (MSFT) 0.2 $1.8M 44k 41.00
Eli Lilly & Co. (LLY) 0.2 $1.8M 30k 58.86
Emerson Electric (EMR) 0.2 $1.8M 26k 66.82
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.2 $1.8M 15k 120.73
Baxter International (BAX) 0.2 $1.7M 23k 73.59
GlaxoSmithKline 0.2 $1.7M 32k 53.42
Pepsi (PEP) 0.2 $1.7M 20k 83.52
Vanguard Short-Term Bond ETF (BSV) 0.2 $1.7M 22k 80.12
Chevron Corporation (CVX) 0.2 $1.6M 14k 118.94
General Electric Company 0.2 $1.6M 62k 25.89
Ford Motor Company (F) 0.2 $1.6M 103k 15.60
Vanguard Small-Cap ETF (VB) 0.2 $1.5M 14k 112.94
iShares Russell Midcap Index Fund (IWR) 0.2 $1.4M 9.0k 154.79
Pimco Total Return Etf totl (BOND) 0.1 $1.2M 11k 106.62
iShares S&P MidCap 400 Index (IJH) 0.1 $1.1M 7.7k 137.45
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $1.1M 10k 107.10
Norfolk Southern (NSC) 0.1 $969k 10k 97.14
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.1 $1.0M 12k 84.42
CSX Corporation (CSX) 0.1 $916k 32k 28.97
Ishares Incglobal High Yi equity (GHYG) 0.1 $919k 17k 54.34
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.1 $733k 24k 30.77
First Trust DJ Internet Index Fund (FDN) 0.1 $601k 10k 59.04
First Trust Cnsmer Disry Alpha Fnd (FXD) 0.1 $602k 19k 32.04
First Trust Amex Biotech Index Fnd (FBT) 0.1 $624k 8.1k 76.67
First Trust Health Care AlphaDEX (FXH) 0.1 $611k 12k 50.97
First Trust Cnsumer Stapl Alpha (FXG) 0.1 $622k 17k 36.87
iShares S&P 500 Value Index (IVE) 0.1 $502k 5.8k 86.91
Natural Resource Partners 0.1 $425k 27k 15.92
Powershares Etf Trust Ii intl corp bond 0.1 $493k 17k 29.96
Northern Tier Energy 0.1 $430k 17k 25.75
Calumet Specialty Products Partners, L.P 0.1 $408k 16k 25.82
Cedar Fair 0.1 $382k 7.5k 50.93
iShares Russell 2000 Index (IWM) 0.1 $410k 3.5k 116.48
Och-Ziff Capital Management 0.1 $409k 30k 13.77
Capital Product 0.1 $419k 38k 10.94
Vanguard Natural Resources 0.1 $402k 14k 29.78
Alliance Resource Partners (ARLP) 0.1 $395k 4.7k 84.04
Kinder Morgan Energy Partners 0.1 $399k 5.4k 73.89
Terra Nitrogen Company 0.1 $365k 2.4k 152.08
KKR & Co 0.1 $384k 17k 22.86
PowerShares DB Energy Fund 0.1 $355k 12k 29.23
PowerShares DB Oil Fund 0.1 $360k 13k 28.59
Memorial Prodtn Partners 0.1 $401k 18k 22.53
Oaktree Cap 0.1 $384k 6.6k 58.18
Rudolph Technologies 0.0 $276k 24k 11.43
Imation 0.0 $271k 47k 5.77
McDermott International 0.0 $278k 36k 7.81
Vanguard Charlotte Fds intl bd idx etf (BNDX) 0.0 $288k 5.7k 50.54
Itron (ITRI) 0.0 $236k 6.6k 35.56
AGCO Corporation (AGCO) 0.0 $246k 4.5k 55.14
Penn National Gaming (PENN) 0.0 $230k 19k 12.33
Advanced Micro Devices (AMD) 0.0 $252k 63k 4.02
ION Geophysical Corporation 0.0 $226k 54k 4.21
Sigma Designs 0.0 $221k 47k 4.75
Brady Corporation (BRC) 0.0 $228k 8.4k 27.14
MicroStrategy Incorporated (MSTR) 0.0 $222k 1.9k 115.44
iShares Russell Midcap Value Index (IWS) 0.0 $229k 3.3k 68.65
Pimco Etf Tr 0-5 high yield (HYS) 0.0 $266k 2.5k 106.70
Carbonite 0.0 $231k 23k 10.18
Proshares Ultrashort 20+y Tr etf (TBT) 0.0 $226k 3.4k 67.40
Cliffs Nat Res Inc Dep1/40th P preferred stocks 0.0 $261k 13k 20.77
JAKKS Pacific 0.0 $136k 19k 7.23
Novatel Wireless 0.0 $192k 109k 1.76
Silicon Graphics International 0.0 $167k 14k 12.29
1-800-flowers (FLWS) 0.0 $137k 24k 5.64
Cys Investments 0.0 $131k 16k 8.25
ARMOUR Residential REIT 0.0 $57k 14k 4.12
Earthlink Holdings 0.0 $105k 29k 3.59