Marquette Asset Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHG	Schwab US Large-Cap Growth	909,798	$74,622	23.4%	$45.20	—	ETF	808524300
—	Invesco S&P 500 Pure Growth	454,166	$54,618	17.2%	$114.76	—	ETF	46137v266
IWF	iShares Russell 1000 Growth	222,392	$34,689	10.9%	$74.57	—	ETF	464287614
IWD	iShares Russell 1000 Value	148,573	$18,812	5.9%	$86.91	—	ETF	464287598
SCHA	Schwab US Small-Cap	223,023	$16,988	5.3%	$58.40	—	ETF	808524607
—	S&P Depositary Receipts S&P 50	44,114	$12,825	4.0%	$242.36	—	ETF	78462f103
SCHM	Schwab US Mid-Cap	164,105	$9,492	3.0%	$40.45	—	ETF	808524508
PRFZ	PowerShares FTSE RAFI US 1500	49,001	$6,971	2.2%	$139.16	—	ETF	46137V597
IWM	iShares Russell 2000 Index	38,630	$6,511	2.0%	$100.87	—	ETF	464287655
IWR	iShares Russell Midcap	20,661	$4,556	1.4%	$132.27	—	ETF	464287499
DVY	iShares Dow Jones Select Divid	42,886	$4,278	1.3%	$64.90	—	ETF	464287168
—	SPDR Technology Sector	51,528	$3,882	1.2%	$49.75	—	ETF	81369y803
EFA	iShares MSCI EAFE	47,167	$3,207	1.0%	$59.75	—	ETF	464287465
VB	Vanguard Small-Cap	17,630	$2,866	0.9%	$93.72	—	ETF	922908751
VO	Vanguard Mid-Cap	16,394	$2,692	0.8%	$95.16	—	ETF	922908629
EEM	iShares MSCI Emerging Markets	61,776	$2,651	0.8%	$35.80	—	ETF	464287234
SCHE	Schwab Emerging Markets Equity	98,737	$2,539	0.8%	$24.21	—	ETF	808524706
AGG	iShares Core Total US Bond Mar	22,829	$2,409	0.8%	$107.24	—	ETF	464287226
—	Magellan Midstream Partners LP	33,885	$2,295	0.7%	$54.50	—	MLPS	559080106
—	JPMorgan Alerian MLP Index	77,865	$2,138	0.7%	$27.47	—	ETF	46625H365
VUG	Vanguard Growth	13,044	$2,101	0.7%	$79.99	—	ETF	922908736
PFF	iShares S&P US Preferred Stock	52,619	$1,954	0.6%	$39.16	—	ETF	464288687
—	SPDR Consumer Discretionary	16,400	$1,922	0.6%	$85.34	—	ETF	81369y407
—	SPDR Financial Sector	67,233	$1,854	0.6%	$19.39	—	ETF	81369y605
IVE	iShares S&P 500 Barra Value	15,691	$1,818	0.6%	$78.33	—	ETF	464287408
SCHZ	Schwab US Aggregate Bond	32,858	$1,651	0.5%	$51.18	—	ETF	808524839
—	SPDR Health Care Sector	16,600	$1,579	0.5%	$72.10	—	ETF	81369y209
—	SPDR Industrials Sector	18,618	$1,460	0.5%	$60.59	—	ETF	81369y704
SCHH	Schwab US REIT	32,505	$1,356	0.4%	$33.94	—	ETF	808524847
—	SPDR Consumer Staples Sector	23,800	$1,284	0.4%	$53.22	—	ETF	81369y308
SCHV	Schwab US Large-Cap Value	21,542	$1,208	0.4%	$43.13	—	ETF	808524409
EPD	Enterprise Products Partners L	41,883	$1,203	0.4%	$51.20	—	MLPS	293792107
IJJ	iShares S&P Midcap 400 Value E	7,096	$1,187	0.4%	$108.09	—	ETF	464287705
IWN	iShares Russell 2000 Value	7,314	$973	0.3%	$90.51	—	ETF	464287630
ET	Energy Transfer Equity LP	55,041	$959	0.3%	$18.34	—	MLPS	29273V100
PAA	Plains All American Pipline LP	38,080	$952	0.3%	$22.03	—	MLPS	726503105
SCHF	Schwab International Equity	27,054	$907	0.3%	$32.58	—	ETF	808524805
GEL	Genesis Energy LP	37,366	$889	0.3%	$19.70	—	MLPS	371927104
BIV	Vanguard Bond Index Fund	10,216	$822	0.3%	$81.98	—	ETF	921937819
—	Western Gas Partners LP	18,624	$813	0.3%	$63.64	—	MLPS	958254104
—	Energy Transfer Partners LP	36,294	$808	0.3%	$16.23	—	MLPS	29273r109
—	Powershares Emerging Market So	29,550	$797	0.3%	$26.53	—	ETF	46138e784
AAPL	Apple Computer Inc.	3,513	$793	0.2%	$37.19	+32.5%	Common Stock	037833100
SCHD	Schwab US Dividend Equity ETF	14,667	$777	0.2%	$50.13	—	ETF	808524797
—	SPDR S&P 600 Small Cap Value E	10,495	$716	0.2%	$86.76	—	ETF	78464a300
—	Western Gas Equity Partners LP	22,122	$662	0.2%	$33.13	—	MLPS	95825R103
MPLX	MPLX Lp	19,014	$659	0.2%	$33.03	—	MLPS	55336V100
IJH	iShares Core S&P Mid-Cap ETF	3,227	$650	0.2%	$118.92	—	ETF	464287507
LMT	Lockheed Martin	1,816	$628	0.2%	$71.65	+268.8%	Common Stock	539830109
—	SPDR Barclays Short Term Corp	19,340	$584	0.2%	$30.78	—	ETF	78464a474
—	Buckeye Partners LP	15,384	$549	0.2%	$37.38	—	MLPS	118230101
—	GDL Fund	56,042	$509	0.2%	$9.17	—	Common Stock	361570104
—	PowerShares Preferred Portfoli	34,641	$496	0.2%	$14.53	—	ETF	46138e511
BRK/B	Berkshire Hathaway Cl B	2,299	$492	0.2%	$149.75	+37.0%	Common Stock	084670702
SHW	Sherwin-Williams Co.	1,027	$468	0.1%	$53.48	+159.2%	Common Stock	824348106
EMB	iShares JPMorgan USD Emerging	4,016	$433	0.1%	$109.49	—	ETF	464288281
HYG	iShares iBoxx High Yield Corp	4,857	$420	0.1%	$90.88	—	ETF	464288513
—	Owens Realty Mortgage, Inc.	24,623	$416	0.1%	$16.69	—	Common Stock	690828108
HD	Home Depot Inc.	1,968	$408	0.1%	$61.23	+174.3%	Common Stock	437076102
—	VOXX International Corp	77,781	$404	0.1%	$5.38	—	Common Stock	91829f104
LQD	iShares iBoxx Investment Grade	3,365	$387	0.1%	$113.76	—	ETF	464287242
KTCC	Key Tronic Corp	50,510	$386	0.1%	$7.78	-0.1%	Common Stock	493144109
—	CSS Industries, Inc	26,915	$383	0.1%	$16.91	—	Common Stock	125906107
SENEA	Seneca Foods Corporation	10,872	$366	0.1%	$28.51	+5.6%	Common Stock	817070501
MSFT	Microsoft Corporation	3,114	$356	0.1%	$80.58	+25.1%	Common Stock	594918104
—	SPDR Barclays Short Term High	12,910	$356	0.1%	$27.68	—	ETF	78468r408
GOOGL	Alphabet Inc- Class A	287	$346	0.1%	$60.08	0.0%	Common Stock	02079K305
IJK	iShares S&P Mid Cap Growth	1,456	$339	0.1%	$139.42	—	ETF	464287606
META	Facebook, Inc.	2,054	$338	0.1%	$179.60	+0.1%	Common Stock	30303M102
—	Era Group Inc.	27,310	$337	0.1%	$12.81	—	Common Stock	26885G109
AFIIQ	Armstrong Flooring, Inc	18,595	$337	0.1%	$13.50	+20.3%	Common Stock	04238R106
CWGL	Crimson Wine Group Ltd	37,506	$336	0.1%	$9.25	-1.1%	Common Stock	22662X100
KCLI	Kansas City Life Ins Co	8,193	$328	0.1%	$33.93	-3.0%	Common Stock	484836200
BKNG	Booking Holdings, Inc	159	$315	0.1%	$1936.71	0.0%	Common Stock	09857L108
RELL	Richardson Electronics, Ltd.	35,637	$313	0.1%	$7.32	+1.6%	Common Stock	763165107
—	Raytheon Company	1,506	$311	0.1%	$124.24	—	Common Stock	755111507
SCHW	Charles Schwab Corp	6,159	$303	0.1%	$37.97	+21.3%	Common Stock	808513105
—	PowerShares Fundamental High Y	16,337	$303	0.1%	$18.31	—	ETF	46138e719
—	Bemis Company Inc.	6,000	$292	0.1%	$39.21	—	Common Stock	081437105
BURL	Burlington Stores Inc	1,737	$283	0.1%	$159.56	0.0%	Common Stock	122017106
—	Independence Contract Drilling	56,095	$277	0.1%	$4.35	—	Common Stock	453415309
—	UnitedHealth Group	1,024	$272	0.1%	$265.63	—	Common Stock	91324p102
XLRE	Real Estate Select Sector SPDR	8,158	$266	0.1%	$32.78	—	ETF	81369Y860
—	Global Indemnity Plc	7,031	$265	0.1%	$38.97	—	Common Stock	053256074
—	Applied Genetic Technologies C	34,845	$254	0.1%	$3.70	—	Common Stock	03820J100
—	Dreyfus Strategic Municipals,	33,240	$249	0.1%	$8.60	—	ETF	261932107
ACGP	Associated Capital Group	5,612	$239	0.1%	$34.30	+1.9%	Common Stock	045528106
TRC	Tejon Ranch Co.	10,962	$238	0.1%	$24.79	-8.0%	Common Stock	879080109
CATO	Cato Corp -Class A	10,852	$228	0.1%	$12.81	+19.0%	Common Stock	149205106
REZ	iShares FTSE NAREIT Residentia	3,321	$209	0.1%	$62.93	—	ETF	464288562
GOOG	Google Inc	174	$208	0.1%	$59.45	0.0%	Common Stock	02079K107
VNQ	Vanguard REIT Index ETF	2,500	$202	0.1%	$80.80	—	ETF	922908553
—	CatchMark Timber Trust Inc	14,740	$168	0.1%	$12.75	—	Common Stock	14912y202
—	Oaktree Specialty Lending Corp	33,242	$165	0.1%	$4.78	—	Common Stock	67401P108
—	Advantage Oil & Gas Ltd	56,185	$157	0.0%	$3.10	—	Common Stock	00765f101
—	Hennessy Capital Acquisition C	13,779	$140	0.0%	$10.16	—	Common Stock	42588L105
—	Kayne Anderson Acquisition Cor	13,676	$139	0.0%	$9.87	—	Common Stock	48661U102
—	GigCapital, Inc	13,784	$137	0.0%	$9.87	—	Common Stock	37518N106
—	One Madison Corp	13,815	$134	0.0%	$9.70	—	Common Stock	g6772p100
—	Luby's, Inc	72,549	$123	0.0%	$2.59	—	Common Stock	549282101