ASPIRIANT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GSCE	GOLDMAN SACHS GROUP INC	3,261,262	$156,214	22.6%	$45.33	—	SP ENHCMD37ETN	38144L852
IVV	ISHARES	643,361	$121,042	17.5%	$163.49	—	CORE S&P500 ETF	464287200
SPY	SPDR S&P 500 ETF TR	333,272	$62,325	9.0%	$161.32	—	TR UNIT	78462F103
RWX	SPDR INDEX SHS FDS	1,281,637	$52,765	7.6%	$40.12	—	DJ INTL RL ETF	78463X863
BRK/B	BERKSHIRE HATHAWAY INC DEL	390,530	$48,805	7.1%	$110.02	+6.2%	CL B NEW	084670702
IUSV	ISHARES	276,269	$34,896	5.1%	$123.56	—	RUS 3000 VAL ETF	464287663
VEU	VANGUARD INTL EQUITY INDEX F	677,435	$34,082	4.9%	$44.22	—	ALLWRLD EX US	922042775
—	UBS AG JERSEY BRH	637,538	$25,393	3.7%	$39.44	—	ALERIAN INFRST	902641646
VWO	VANGUARD INTL EQUITY INDEX F	462,991	$18,788	2.7%	$39.70	—	FTSE EMR MKT ETF	922042858
IWB	ISHARES	171,682	$17,987	2.6%	$96.25	—	RUS 1000 ETF	464287622
XLF	SELECT SECTOR SPDR TR	703,767	$15,722	2.3%	$21.87	—	SBI INT-FINL	81369Y605
IWD	ISHARES	79,708	$7,692	1.1%	$90.47	—	RUS 1000 VAL ETF	464287598
—	JPMORGAN CHASE & CO	119,793	$5,575	0.8%	$46.40	—	ALERIAN ML ETN	46625H365
VNQ	VANGUARD INDEX FDS	68,474	$4,836	0.7%	$65.36	—	REIT ETF	922908553
—	BARCLAYS BK PLC	120,530	$4,037	0.6%	$31.15	—	IPSPGS TTL ETN	06738C794
IGSB	ISHARES	36,295	$3,828	0.6%	$105.33	—	1-3 YR CR BD ETF	464288646
IEMG	ISHARES INC	71,848	$3,526	0.5%	$48.92	—	CORE MSCI EMKT	46434G103
IFGL	ISHARES	107,706	$3,237	0.5%	$31.25	—	INTL DEV RE ETF	464288489
IEFA	ISHARES TR	51,926	$3,171	0.5%	$59.43	—	CORE MSCI EAFE	46432F842
EFV	ISHARES	48,228	$2,777	0.4%	$49.85	—	EAFE VALUE ETF	464288877
IWN	ISHARES	25,518	$2,573	0.4%	$89.04	—	RUS 2000 VAL ETF	464287630
MMM	3M CO	18,436	$2,501	0.4%	$71.18	+7.1%	COM	88579Y101
IWF	ISHARES	27,389	$2,370	0.3%	$84.08	—	RUS 1000 GRW ETF	464287614
IWM	ISHARES	20,274	$2,359	0.3%	$107.86	—	RUSSELL 2000 ETF	464287655
GWX	SPDR INDEX SHS FDS	63,321	$2,146	0.3%	$28.84	—	S&P INTL SMLCP	78463X871
BRK/A	BERKSHIRE HATHAWAY INC DEL	11	$2,061	0.3%	$166519.84	+5.4%	CL A	084670108
ILCB	ISHARES	17,831	$1,972	0.3%	$110.59	—	MRNGSTR LG-CP ET	464287127
—	POWERSHARES ETF TRUST II	77,804	$1,930	0.3%	$24.81	—	SENIOR LN PORT	73936Q769
FLOT	ISHARES TR	35,878	$1,819	0.3%	$50.70	—	FLTG RATE BD ETF	46429B655
EEM	ISHARES	42,865	$1,758	0.3%	$40.60	—	MSCI EMG MKT ETF	464287234
USB	US BANCORP DEL	40,300	$1,727	0.3%	$25.38	+7.7%	COM NEW	902973304
—	POWERSHARES DB CMDTY IDX TRA	64,587	$1,687	0.2%	$25.78	—	UNIT BEN INT	73935S105
STPZ	PIMCO ETF TR	31,788	$1,683	0.2%	$52.94	—	1-5 US TIP IDX	72201R205
IWC	ISHARES	21,321	$1,648	0.2%	$63.03	—	MICRO-CAP ETF	464288869
VGT	VANGUARD WORLD FDS	16,728	$1,531	0.2%	$91.52	—	INF TECH ETF	92204A702
VONE	VANGUARD SCOTTSDALE FDS	16,162	$1,398	0.2%	$86.50	—	VNG RUS1000IDX	92206C730
VBK	VANGUARD INDEX FDS	9,984	$1,240	0.2%	$122.30	—	SML CP GRW ETF	922908595
SJNK	SPDR SER TR	39,895	$1,236	0.2%	$30.98	—	SHT TRM HGH YLD	78468R408
RWR	SPDR SERIES TRUST	15,104	$1,179	0.2%	$78.06	—	DJ REIT ETF	78464A607
ACWX	ISHARES	24,849	$1,157	0.2%	$40.72	—	MSCI ACWI US ETF	464288240
VTI	VANGUARD INDEX FDS	11,778	$1,148	0.2%	$90.74	—	TOTAL STK MKT	922908769
—	SPDR SERIES TRUST	46,044	$1,117	0.2%	$24.28	—	NUVN BR SHT MUNI	78464A425
PG	PROCTER & GAMBLE CO	13,794	$1,112	0.2%	$58.01	-2.6%	COM	742718109
SUB	ISHARES	10,429	$1,108	0.2%	$105.52	—	SHT NTLAMTFR ETF	464288158
VB	VANGUARD INDEX FDS	9,644	$1,089	0.2%	$105.97	—	SMALL CP ETF	922908751
EFA	ISHARES	16,146	$1,085	0.2%	$63.96	—	MSCI EAFE ETF	464287465
ACWI	ISHARES	18,368	$1,068	0.2%	$50.01	—	MSCI ACWI ETF	464288257
HDV	ISHARES TR	14,423	$1,030	0.1%	$71.18	—	HIGH DIVIDND ETF	46429B663
SCZ	ISHARES	19,703	$1,028	0.1%	$44.45	—	EAFE SML CP ETF	464288273
IWV	ISHARES	8,773	$985	0.1%	$104.99	—	RUSSELL 3000 ETF	464287689
IWO	ISHARES	7,212	$981	0.1%	$135.53	—	RUS 2000 GRW ETF	464287648
—	IMPERVA INC	17,500	$975	0.1%	$48.11	—	COM	45321L100
IHF	ISHARES	9,839	$973	0.1%	$98.89	—	US HLTHCR PR ETF	464288828
AAPL	APPLE INC	1,647	$884	0.1%	$14.98	+10.7%	COM	037833100
HEDJ	WISDOMTREE TR	15,488	$876	0.1%	$56.56	—	EUROPE HEDGED EQ	97717X701
ICF	ISHARES	10,600	$872	0.1%	$74.72	—	COHEN&STEER REIT	464287564
HYMB	SPDR SERIES TRUST	15,204	$831	0.1%	$51.04	—	NUV HGHYLD MUN	78464A284
VBR	VANGUARD INDEX FDS	8,230	$828	0.1%	$91.08	—	SM CP VAL ETF	922908611
VTV	VANGUARD INDEX FDS	9,483	$741	0.1%	$67.82	—	VALUE ETF	922908744
—	FIREEYE INC	11,084	$682	0.1%	$61.53	—	COM	31816Q101
IWR	ISHARES	4,250	$658	0.1%	$149.88	—	RUS MID-CAP ETF	464287499
VTIP	VANGUARD MALVERN FDS	12,762	$630	0.1%	$49.37	—	STRM INFPROIDX	922020805
XOM	EXXON MOBIL CORP	5,984	$585	0.1%	$54.53	+6.5%	COM	30231G102
IJR	ISHARES	5,114	$563	0.1%	$109.13	—	CORE S&P SCP ETF	464287804
—	FORWARD AIR CORP	11,373	$524	0.1%	$43.88	—	COM	349853101
—	SPDR SERIES TRUST	13,585	$489	0.1%	$35.82	—	SHRT INTL ETF	78464a334
IGIB	ISHARES	4,232	$462	0.1%	$107.97	—	INTERM CR BD ETF	464288638
AMGN	AMGEN INC	3,640	$449	0.1%	$76.98	+12.9%	COM	031162100
VIS	VANGUARD WORLD FDS	3,766	$379	0.1%	$100.64	—	INDUSTRIAL ETF	92204A603
JNJ	JOHNSON & JOHNSON	3,622	$356	0.1%	$66.03	+0.9%	COM	478160104
—	GENERAL ELECTRIC CO	13,697	$355	0.1%	$23.52	—	COM	369604103
SPEM	SPDR INDEX SHS FDS	5,543	$351	0.1%	$59.53	—	EMERG MKTS ETF	78463X509
DGS	WISDOMTREE TR	7,430	$346	0.1%	$46.57	—	EMG MKTS SMCAP	97717W281
AGG	ISHARES	2,823	$305	0.0%	$107.27	—	CORE TOTUSBD ETF	464287226
MS	MORGAN STANLEY	8,100	$252	0.0%	$21.80	+4.1%	COM NEW	617446448
—	ISHARES	18,939	$247	0.0%	$12.78	—	MSCI SINGAP ETF	464286673
IDV	ISHARES	6,205	$240	0.0%	$38.68	—	INTL SEL DIV ETF	464288448
CMF	ISHARES	1,917	$217	0.0%	$113.20	—	CALI AMT-FRE ETF	464288356
IBM	INTERNATIONAL BUSINESS MACHS	1,124	$216	0.0%	$109.22	0.0%	COM	459200101
IVE	ISHARES	2,412	$210	0.0%	$85.47	—	S&P 500 VAL ETF	464287408
DXJ	WISDOMTREE TR	4,235	$200	0.0%	$47.23	—	JAPN HEDGE EQT	97717W851