Crabel Capital Management, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Inc.	301,230	$68,000	31.7%	$49.27	0.0%	Com	037833100
WTPI	Wisdomtree TR	2,021,443	$61,937	28.9%	$29.06	—	CBOE S&P 500	97717X560
MAC	Macerich Co	346,500	$19,158	8.9%	$56.83	—	Com	554382101
HYG	IShares TR	133,488	$11,539	5.4%	$86.47	—	Iboxx Hi Yd ETF	464288513
FLOT	IShares TR	71,647	$3,655	1.7%	$50.88	—	Fltg Rate NT ETF	46429B655
BNDX	Vanguard Charlotte FDS	61,535	$3,356	1.6%	$54.43	—	Intl Bd Idx ETF	92203J407
BKLN	Invesco Exchng Traded FD TR	104,147	$2,413	1.1%	$22.94	—	Sr Ln ETF	46138G508
USMV	IShares TR	40,880	$2,332	1.1%	$54.31	—	Min Vol USA ETF	46429B697
MUB	IShares TR	19,472	$2,102	1.0%	$109.49	—	National Mun ETF	464288414
SHV	IShares TR	16,743	$1,849	0.9%	$110.24	—	Short Treas Bd	464288679
EFAV	IShares TR	21,172	$1,542	0.7%	$72.14	—	Min Vol EAFE ETF	46429B689
BWX	Spdr Series Trust	50,900	$1,394	0.6%	$28.35	—	Blomberg Intl Tr	78464A516
AGG	IShares TR	12,550	$1,324	0.6%	$107.44	—	Core US Aggbd ET	464287226
SPY	SPDR S&P 500 ETF TR	4,470	$1,300	0.6%	$290.83	—	TR Unit	78462F103
VWOB	Vanguard Whitehall Fds Inc	16,675	$1,264	0.6%	$78.33	—	Emerg Mkt Bd ETF	921946885
PFF	IShares TR	32,392	$1,203	0.6%	$37.88	—	S&P US Pfd Stk	464288687
BND	Vanguard BD Index FD Inc	15,222	$1,198	0.6%	$80.57	—	Total Bnd Mrkt	921937835
MBB	IShares TR	10,745	$1,110	0.5%	$105.68	—	Mbs ETF	464288588
MINT	Pimco ETF TR	10,053	$1,022	0.5%	$101.55	—	Enhan Shrt Ma Ac	72201R833
TLT	IShares TR	8,290	$972	0.5%	$125.12	—	20 Yr Tr Bd ETF	464287432
EEMV	IShares Inc.	16,077	$953	0.4%	$59.80	—	Min Vol Emrg Mkt	464286533
TIP	IShares TR	8,594	$951	0.4%	$113.43	—	Tips Bd ETF	464287176
NEAR	IShares US ETF TR	17,844	$896	0.4%	$50.10	—	Sht Mat Bd ETF	46431W507
EMB	IShares TR	7,749	$835	0.4%	$110.41	—	JPMorgan USD Emg	464288281
GSY	Invesco Actively Managd ETF	14,478	$727	0.3%	$50.25	—	Ultra Shrt Dur	46090A887
LQD	IShares TR	5,859	$673	0.3%	$119.14	—	Iboxx Inv Cp ETF	464287242
IGOV	IShares TR	12,757	$614	0.3%	$49.69	—	Intl Trea Bd ETF	464288117
MDY	SPDR S&P Midcap 400 ETF TR	1,535	$564	0.3%	$356.00	—	Utser1 S&PDCRP	78467Y107
CMBS	Ishares TR	10,865	$541	0.3%	$50.70	—	Cmbs ETF	46429B366
SPSB	SPDR SERIES TRUST	17,805	$537	0.3%	$30.16	—	Portfolio Short	78464A474
—	CA Inc	11,720	$517	0.2%	$44.11	—	Com	12673P105
FTSM	First Tr Exchange Traded FD	8,472	$508	0.2%	$59.95	—	First Tr Enh New	33739Q408
IWM	IShares TR	2,861	$482	0.2%	$168.47	—	Russell 2000 ETF	464287655
HYEM	Vaneck Vectors ETF TR	19,990	$458	0.2%	$22.91	—	Emerging Mkts Hi	92189F353
ACWV	Ishares Inc.	5,152	$453	0.2%	$83.55	—	Min Vol Gbl ETF	464286525
VCSH	Vanguard Scottsdale Fds	5,472	$428	0.2%	$78.22	—	Shrt Trm Corp Bd	92206C409
SRLN	SSGA Active ETF TR	8,970	$425	0.2%	$47.16	—	Blkstn Gsosrln	78467V608
STIP	IShares TR	4,227	$418	0.2%	$99.48	—	0-5 Yr Tips ETF	46429B747
VTI	Vanguard Index Fds	2,755	$412	0.2%	$140.54	—	Total Stk Mkt	922908769
EEM	IShares TR	9,460	$406	0.2%	$42.92	—	MSCI Emg Mkt ETF	464287234
IGSB	IShares TR	7,758	$402	0.2%	$77.73	—	Sh Tr Crport ETF	464288646
BRK/B	Berkshire Hathaway Inc Del	1,821	$390	0.2%	$205.18	0.0%	Cl A	084670702
SUB	IShares TR	3,615	$379	0.2%	$105.12	—	Shrt Nat Mun ETF	464288158
UUP	Invesco Bd US Dlr Index TR	14,841	$375	0.2%	$24.93	—	Bullish Fd	46141D203
MDIV	First Tr Exchange Traded FD	20,136	$373	0.2%	$18.52	—	Multi Asset Di	33738R100
—	IShares TR	19,598	$347	0.2%	$18.66	—	Intl Pfd Stk ETF	46429B135
—	Envision Healthcare Corp	7,239	$331	0.2%	$45.72	—	Com	29414D100
EWC	IShares Inc.	10,997	$316	0.1%	$29.54	—	MSCI Cda ETF	464286509
PCY	Invesco Exchng Traded FD TR	11,691	$315	0.1%	$26.50	—	Emrng Mkt Svrg	46138E784
STPZ	Pimco ETF TR	6,054	$311	0.1%	$51.37	—	1-5 US TIP IDX	72201R205
JNJ	Johnson & Johnson	2,243	$310	0.1%	$108.04	0.0%	Com	478160104
FXE	Invesco CurrencyShares Euro	2,742	$305	0.1%	$111.23	—	Euro Shs	46138K103
—	Invesco Exch Trd Slf Idx FD	14,349	$303	0.1%	$21.19	—	Bulshs 2018 Cor	46138J106
XLU	Select Sector Spdr TR	5,569	$293	0.1%	$52.11	—	SBI Int-Utils	81369Y886
FLRN	Spdr Ser TR	9,462	$291	0.1%	$30.65	—	Blomberg Brc Inv	78468R200
HEEM	IShares TR	11,322	$287	0.1%	$25.62	—	Cur Hd MSCI Em	46434G509
—	IShares TR	11,358	$285	0.1%	$25.09	—	Ibonds Dec18 ETF	46434VAA8
IYR	IShares TR	3,529	$282	0.1%	$80.62	—	U.S. Real Es ETF	464287739
VPL	Vanguard Intl Equity Index F	3,934	$280	0.1%	$72.47	—	FTSE Pacific ETF	922042866
PICB	Invesco Exchng Traded Fd TR	10,553	$274	0.1%	$26.16	—	Intl Corp Bd	46138E636
ICSH	IShares TR	5,367	$269	0.1%	$50.12	—	Ultr Sh Trm Bd	46434V878
FTSL	First Tr Exchange Traded FD	5,535	$266	0.1%	$48.13	—	Senior Ln Fd	33738D309
HD	Home Depot Inc	1,277	$265	0.1%	$167.96	0.0%	Com	437076102
EWT	IShares Inc.	6,970	$263	0.1%	$37.73	—	MSCI Taiwan ETF	46434G772
AXP	American Express Co	2,398	$255	0.1%	$94.11	0.0%	Com	025816109
HON	Honeywell Intl Inc	1,525	$254	0.1%	$121.60	0.0%	Com	438516106
—	Aetna Inc.	1,249	$253	0.1%	$202.56	—	Com	00817Y108
EMTL	SSGA Active TR	5,185	$252	0.1%	$50.12	—	SPDR Dblein Emrg	78470P309
—	Invesco Exch Trd Slf Idx FD	11,955	$252	0.1%	$21.00	—	Bulshs 2019 Cor	46138J304
—	Invesco Exch Trd Slf Idx FD	10,044	$252	0.1%	$25.09	—	Bulshs 2018 Hy	46138J205
CWB	Spdr Series Trust	4,647	$251	0.1%	$50.63	—	Blmbrg Brc Cnvrt	78464A359
—	Absolute Shs TR	10,431	$248	0.1%	$23.95	—	WBI Bbr Gbl High	00400R882
FEMB	First TR Exch Traded FD III	6,621	$242	0.1%	$36.55	—	Eme Mrk Bd ETF	33739P202
ENZL	IShares TR	4,922	$239	0.1%	$48.46	—	New Zealand ETF	464289123
VTIP	Vanguard Malvern Fds	4,908	$237	0.1%	$48.90	—	Strm Infproidx	922020805
KO	Coca Cola Co	5,041	$233	0.1%	$36.30	0.0%	Com	191216100
BOND	Pimco ETF TR	2,259	$231	0.1%	$102.26	—	Active Bd ETF	72201R775
MNA	Indexiq ETF TR	7,250	$230	0.1%	$30.99	—	IQ Mrgr Arb ETF	45409B800
—	IShares TR	8,970	$222	0.1%	$24.75	—	Ibonds Dec19 ETF	46434VAU4
LOW	Lowes Cos Inc	1,904	$219	0.1%	$91.02	0.0%	Com	548661107
EWA	IShares Inc.	9,653	$214	0.1%	$22.17	—	MSCI Aust ETF	464286103
RWX	SPDR Index Shs Fds	5,417	$207	0.1%	$38.21	—	DJ Intl RL ETF	78463X863
—	Highland Fds I	11,358	$207	0.1%	$18.23	—	Hi Ld Iboxx Srln	430101774
—	Alps ETF TR	19,298	$206	0.1%	$10.60	—	Alerian MLP	00162Q866
—	Invesco Exchng Traded FD TR	9,498	$206	0.1%	$22.86	—	Chins Yuan Dim	46138E883
YUM	Yum Brands Inc.	2,247	$204	0.1%	$72.90	0.0%	Com	988498101
—	UBS AG London Brh	12,966	$203	0.1%	$15.45	—	Etracs Mth 2XLV	90270L842
EWL	IShares Inc.	5,845	$203	0.1%	$34.73	—	MSCI Switzerland	464286749
EUHY	IShares TR	3,860	$203	0.1%	$53.88	—	Intl High Yield	464286210
VTEB	Vanguard Mun Bd Fd Inc	3,990	$202	0.1%	$50.63	—	Tax Exempt Bd	922907746
RSG	Republic Svcs Inc	2,786	$202	0.1%	$64.63	0.0%	Com	760759100
—	Rockwell Collins Inc	1,428	$201	0.1%	$140.76	—	Com	774341101
EWY	IShares Inc.	2,945	$201	0.1%	$68.25	—	MSCI STH Kor ETF	464286772
—	Vaneck Vectors ETF TR	10,078	$166	0.1%	$18.99	—	JP Morgan Mkts	92189F494