Horizon Investments

Horizon Investments as of Sept. 30, 2014

Portfolio Holdings for Horizon Investments

Horizon Investments holds 110 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Spdr S&p 500 Etf (SPY) 22.9 $219M 1.1M 197.02
iShares S&P 500 Index (IVV) 14.4 $138M 698k 198.26
iShares S&P 500 Growth Index (IVW) 9.5 $92M 856k 106.82
PowerShares QQQ Trust, Series 1 7.7 $74M 745k 98.79
iShares Lehman Aggregate Bond (AGG) 4.6 $44M 402k 109.11
WisdomTree Japan Total Dividend (DXJ) 4.5 $44M 831k 52.32
iShares Lehman 1-3 Year Treas.Bond (SHY) 3.5 $34M 400k 84.51
Vanguard Total Bond Market ETF (BND) 3.5 $33M 405k 81.93
Health Care SPDR (XLV) 3.2 $31M 479k 63.91
SPDR KBW Bank (KBE) 3.1 $30M 934k 31.91
iShares MSCI Spain Index (EWP) 2.5 $24M 620k 38.90
Spdr Short-term High Yield mf (SJNK) 2.5 $24M 790k 29.93
iShares Lehman Short Treasury Bond (SHV) 2.2 $21M 192k 110.25
MSCI Europe Financials Sector Index Fund (EUFN) 1.9 $18M 761k 23.59
Market Vectors High Yield Muni. Ind 0.9 $9.1M 297k 30.75
PowerShrs CEF Income Cmpst Prtfl 0.9 $8.8M 361k 24.35
PowerShares Dynamic Lg.Cap Growth 0.8 $7.2M 264k 27.37
PowerShares Dynamic Lg. Cap Value 0.8 $7.2M 236k 30.44
Vanguard Value ETF (VTV) 0.7 $6.4M 79k 81.20
Vanguard Emerging Markets ETF (VWO) 0.6 $6.2M 148k 41.71
Vanguard Total World Stock Idx (VT) 0.6 $6.1M 102k 60.38
iShares MSCI EAFE Index Fund (EFA) 0.6 $5.9M 92k 64.12
Vanguard Europe Pacific ETF (VEA) 0.5 $4.6M 117k 39.75
iShares Russell 1000 Growth Index (IWF) 0.4 $4.3M 47k 91.64
Spdr Series Trust cmn (HYMB) 0.4 $3.9M 68k 56.81
SPDR Barclays Capital Convertible SecETF (CWB) 0.3 $3.3M 66k 49.64
PowerShares Hgh Yield Corporate Bnd 0.3 $3.2M 169k 19.05
Microsoft Corporation (MSFT) 0.3 $2.7M 58k 46.37
Eli Lilly & Co. (LLY) 0.3 $2.6M 41k 64.84
Pepsi (PEP) 0.3 $2.6M 28k 93.11
Taiwan Semiconductor Mfg (TSM) 0.3 $2.5M 122k 20.18
3M Company (MMM) 0.3 $2.5M 18k 141.66
Baxter International (BAX) 0.2 $2.4M 33k 71.78
General Electric Company 0.2 $2.4M 92k 25.62
ConocoPhillips (COP) 0.2 $2.4M 32k 76.52
Ford Motor Company (F) 0.2 $2.2M 148k 14.79
Syngenta 0.2 $2.2M 34k 63.38
Market Vector Russia ETF Trust 0.2 $2.2M 100k 22.37
Vanguard Mid-Cap ETF (VO) 0.2 $2.1M 18k 117.32
Vanguard Small-Cap ETF (VB) 0.2 $2.0M 18k 110.61
iShares Russell Midcap Index Fund (IWR) 0.2 $1.8M 11k 158.30
iShares MSCI ACWI ex US Index Fund (ACWX) 0.2 $1.7M 38k 45.48
CSX Corporation (CSX) 0.1 $1.4M 43k 32.07
Norfolk Southern (NSC) 0.1 $1.4M 12k 111.63
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $1.2M 11k 109.71
iShares S&P MidCap 400 Index (IJH) 0.1 $1.1M 8.3k 136.80
First Trust DJ Internet Index Fund (FDN) 0.1 $634k 10k 60.92
First Trust Amex Biotech Index Fnd (FBT) 0.1 $691k 7.5k 91.75
First Trust Health Care AlphaDEX (FXH) 0.1 $647k 12k 55.76
First Trust Cnsmer Disry Alpha Fnd (FXD) 0.1 $596k 18k 32.39
First Trust Cnsumer Stapl Alpha (FXG) 0.1 $611k 16k 39.07
Kinder Morgan Energy Partners 0.1 $476k 5.1k 93.33
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.1 $470k 15k 30.67
Office Depot 0.0 $356k 69k 5.14
Cedar Fair (FUN) 0.0 $392k 8.3k 47.26
iShares Russell 2000 Index (IWM) 0.0 $357k 3.3k 109.41
AllianceBernstein Holding (AB) 0.0 $397k 15k 26.04
Capital Product 0.0 $369k 37k 9.97
Vanguard Natural Resources 0.0 $363k 13k 27.49
Alliance Holdings GP 0.0 $424k 6.2k 68.20
Alliance Resource Partners (ARLP) 0.0 $399k 9.3k 42.84
SM Energy (SM) 0.0 $425k 5.5k 77.98
Terra Nitrogen Company 0.0 $423k 2.9k 144.52
Apollo Global Management 'a' 0.0 $377k 16k 23.83
Memorial Prodtn Partners 0.0 $394k 18k 21.99
Pimco Total Return Etf totl (BOND) 0.0 $393k 3.6k 108.68
Carlyle Group 0.0 $376k 12k 30.44
Northern Tier Energy 0.0 $373k 16k 23.33
AMAG Pharmaceuticals 0.0 $273k 8.6k 31.89
Itron (ITRI) 0.0 $289k 7.4k 39.32
Chesapeake Energy Corporation 0.0 $319k 14k 22.98
Vanguard Short-Term Bond ETF (BSV) 0.0 $240k 3.0k 80.13
MicroStrategy Incorporated (MSTR) 0.0 $279k 2.1k 130.74
DTS 0.0 $261k 10k 25.27
iShares S&P 500 Value Index (IVE) 0.0 $326k 3.6k 89.98
iShares Dow Jones U.S. Index Fund (IYY) 0.0 $276k 2.8k 99.28
iShares MSCI Switzerland Index Fund (EWL) 0.0 $248k 7.6k 32.49
Niska Gas Storage Partners 0.0 $333k 27k 12.47
iShares MSCI Belgium Investable Mkt (EWK) 0.0 $259k 16k 16.31
PowerShares DB Energy Fund 0.0 $308k 11k 26.92
PowerShares DB Oil Fund 0.0 $320k 12k 27.11
Spdr Series Trust equity (IBND) 0.0 $273k 7.7k 35.46
Bank of America Corporation (BAC) 0.0 $209k 12k 17.07
Crocs (CROX) 0.0 $150k 12k 12.58
Carnival Corporation (CCL) 0.0 $201k 5.0k 40.09
NVIDIA Corporation (NVDA) 0.0 $192k 10k 18.42
NetApp (NTAP) 0.0 $229k 5.3k 42.91
AGCO Corporation (AGCO) 0.0 $230k 5.1k 45.53
Computer Sciences Corporation 0.0 $200k 3.3k 61.24
Advanced Micro Devices (AMD) 0.0 $238k 70k 3.41
Brooks Automation (AZTA) 0.0 $219k 21k 10.53
ION Geophysical Corporation 0.0 $175k 63k 2.78
Kulicke and Soffa Industries (KLIC) 0.0 $183k 13k 14.22
VAALCO Energy (EGY) 0.0 $176k 21k 8.50
Brady Corporation (BRC) 0.0 $225k 10k 22.41
Orbitz Worldwide 0.0 $200k 26k 7.85
TiVo 0.0 $185k 15k 12.77
Acorda Therapeutics 0.0 $201k 5.9k 33.86
Omega Protein Corporation 0.0 $158k 13k 12.51
1-800-flowers (FLWS) 0.0 $200k 28k 7.19
Ebix (EBIXQ) 0.0 $177k 13k 14.18
Spectrum Pharmaceuticals 0.0 $189k 23k 8.13
iShares MSCI Germany Index Fund (EWG) 0.0 $236k 8.5k 27.65
Cys Investments 0.0 $152k 18k 8.24
Proshares Ultrashort 20+y Tr etf (TBT) 0.0 $232k 4.1k 56.24
Cliffs Nat Res Inc Dep1/40th P preferred stocks 0.0 $177k 16k 11.22
Biotelemetry 0.0 $176k 26k 6.72
Hercules Offshore 0.0 $96k 44k 2.21
ARMOUR Residential REIT 0.0 $68k 18k 3.82
Bay Ban 0.0 $103k 22k 4.64