Merriman

Merriman as of Dec. 31, 2012

Portfolio Holdings for Merriman

Merriman holds 56 positions in its portfolio as reported in the December 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares MSCI EAFE Value Index (EFV) 6.9 $13M 263k 48.64
iShares Barclays TIPS Bond Fund (TIP) 5.8 $11M 89k 121.40
iShares Lehman Aggregate Bond (AGG) 5.5 $10M 92k 111.08
iShares Russell Midcap Value Index (IWS) 5.3 $9.8M 196k 50.24
iShares Russell Midcap Index Fund (IWR) 4.6 $8.5M 75k 113.09
iShares MSCI EAFE Index Fund (EFA) 3.9 $7.2M 126k 56.86
ISHARES TR MSCI Small Cap msci small cap (SCZ) 3.8 $7.1M 174k 40.71
SPDR DJ International Real Estate ETF (RWX) 3.7 $6.9M 167k 41.35
Vanguard Emerging Markets ETF (VWO) 3.6 $6.7M 151k 44.53
SPDR S&P International Small Cap (GWX) 3.6 $6.7M 234k 28.45
PowerShares FTSE RAFI Developed Markets 3.5 $6.4M 177k 36.45
Vanguard Small-Cap ETF (VB) 3.3 $6.1M 76k 80.91
iShares Dow Jones US Real Estate (IYR) 3.3 $6.1M 94k 64.67
iShares Morningstar Small Value (ISCV) 3.3 $6.1M 67k 90.77
iShares S&P 500 Value Index (IVE) 3.3 $6.1M 91k 66.39
iShares Morningstar Large Core Idx (ILCB) 3.3 $6.0M 74k 82.04
iShares Lehman 3-7 Yr Treasury Bond (IEI) 3.2 $6.0M 49k 123.21
PowerShares High Yld. Dividend Achv 3.2 $5.9M 626k 9.41
Vanguard European ETF (VGK) 2.7 $5.0M 103k 48.84
Vanguard Pacific ETF (VPL) 1.9 $3.5M 66k 53.39
Vanguard Small-Cap Value ETF (VBR) 1.6 $3.1M 42k 72.66
Powershares Etf Trust dyna buybk ach 1.6 $3.1M 103k 29.80
SPDR Nuveen Barclays Capital Build Amer 1.6 $3.0M 49k 61.55
WisdomTree Emerging Markets Eq (DEM) 1.4 $2.5M 44k 57.18
Claymore Beacon Global Timber Index 1.4 $2.5M 123k 20.44
iShares MSCI EMU Index (EZU) 1.3 $2.4M 71k 33.45
iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) 1.1 $2.0M 16k 122.79
iShares MSCI Turkey Index Fund (TUR) 0.9 $1.6M 25k 66.79
iShares S&P MidCap 400 Value Index (IJJ) 0.9 $1.6M 18k 88.12
Ishares Tr usa min vo (USMV) 0.8 $1.5M 52k 29.04
iShares MSCI Thailand Index Fund (THD) 0.8 $1.5M 18k 82.48
WisdomTree Intl. SmallCap Div (DLS) 0.8 $1.5M 29k 52.12
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.8 $1.4M 26k 55.05
iShares iBoxx $ High Yid Corp Bond (HYG) 0.8 $1.4M 15k 93.35
Vanguard High Dividend Yield ETF (VYM) 0.8 $1.4M 29k 49.40
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.7 $1.2M 14k 84.39
Jp Morgan Alerian Mlp Index 0.6 $1.1M 28k 38.45
Proshares Ultrashort 20+y Tr etf (TBT) 0.5 $882k 14k 63.45
Streettracks Gold Tr gold 0.4 $820k 5.1k 161.99
Advisorshares Tr trimtabs flt (SURE) 0.4 $715k 21k 33.89
Ega Emerging Global Shs Tr emrg gl dj 0.4 $701k 26k 26.65
iShares MSCI Taiwan Index 0.3 $489k 36k 13.62
Nuveen Build Amer Bd Opptny 0.2 $398k 18k 21.68
Ishares Tr cmn (EIRL) 0.2 $381k 15k 25.07
iShares MSCI Hong Kong Index Fund (EWH) 0.2 $363k 19k 19.41
Financial Select Sector SPDR (XLF) 0.2 $365k 22k 16.37
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.2 $366k 7.4k 49.46
iShares MSCI Germany Index Fund (EWG) 0.2 $375k 15k 24.67
SPDR S&P Emerging Markets Small Cap (EWX) 0.2 $364k 7.8k 46.67
Market Vectors Gold Miners ETF 0.2 $329k 7.1k 46.34
SPDR S&P Homebuilders (XHB) 0.2 $333k 13k 26.64
BlackRock Global Opportunities Equity Tr (BOE) 0.2 $306k 23k 13.22
Db-x Funds Db-x 2030 Target 0.2 $289k 14k 21.45
Spdr Series Trust cmn (HYMB) 0.1 $286k 4.9k 57.94
Db-x Funds db-x 2020 target 0.1 $251k 11k 22.31
Nuveen Dividend Advantage Municipal Fd 2 0.1 $213k 14k 15.21