Merriman

Merriman as of Sept. 30, 2011

Portfolio Holdings for Merriman

Merriman holds 26 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
First Trust Morningstar Divid Ledr (FDL) 15.0 $12M 742k 16.12
iShares Lehman 3-7 Yr Treasury Bond (IEI) 14.6 $12M 96k 121.48
iShares Barclays TIPS Bond Fund (TIP) 14.3 $11M 100k 114.30
Spdr S&p 500 Etf (SPY) 14.3 $11M 101k 113.15
iShares Lehman Aggregate Bond (AGG) 13.7 $11M 99k 110.11
Utilities SPDR (XLU) 3.9 $3.1M 93k 33.62
Rydex S&P MidCap 400 Pure Growth ETF 1.9 $1.5M 20k 73.19
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 1.8 $1.4M 13k 105.40
iShares S&P MidCap 400 Value Index (IJJ) 1.7 $1.4M 21k 66.01
iShares Cohen & Steers Realty Maj. (ICF) 1.7 $1.4M 22k 61.35
Vanguard Small-Cap Growth ETF (VBK) 1.7 $1.3M 20k 66.85
ISHARES TR MSCI Small Cap msci small cap (SCZ) 1.7 $1.3M 38k 34.95
iShares S&P SmallCap 600 Value Idx (IJS) 1.6 $1.3M 22k 59.20
SPDR Nuveen Barclays Capital Build Amer 1.6 $1.3M 23k 57.47
WisdomTree Japan SmallCap Div (DFJ) 1.5 $1.2M 27k 43.59
PowerShares Build America Bond Portfolio 1.4 $1.2M 40k 28.83
Blackrock Build America Bond Trust (BBN) 1.3 $1.1M 53k 20.20
ProShares UltraShort 20+ Year Trea 1.3 $1.0M 52k 19.44
Eaton Vance Enhanced Equity Income Fund (EOI) 1.2 $954k 98k 9.78
ProShares UltraShort 7-10 Year Trea (PST) 1.1 $899k 29k 31.58
Market Vectors Gold Miners ETF 0.8 $629k 11k 55.18
Eaton Vance Tax Managed Diversified Eq. (ETY) 0.6 $504k 59k 8.53
Proshares Tr shrt hgh yield (SJB) 0.3 $283k 6.8k 41.62
Market Vectors Agribusiness 0.3 $268k 6.2k 43.23
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.3 $237k 2.8k 84.40
iShares MSCI Germany Index Fund (EWG) 0.3 $219k 12k 18.25