CAHILL FINANCIAL ADVISORS INC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVW	ISHARES	98,727	$13,511	7.5%	$104.06	—	S&P 500 GRWT ETF	464287309
IVE	ISHARES	126,169	$13,243	7.3%	$88.52	—	S&P 500 VAL ETF	464287408
VIG	VANGUARD SPECIALIZED PORTFOL	69,330	$6,425	3.6%	$76.89	—	DIV APP ETF	921908844
IJS	ISHARES	34,740	$4,858	2.7%	$112.77	—	SP SMCP600VL ETF	464287879
VNQ	VANGUARD INDEX FDS	57,940	$4,823	2.7%	$72.44	—	REIT ETF	922908553
BRK/B	BERKSHIRE HATHAWAY INC DEL	25,401	$4,303	2.4%	$154.91	+7.4%	CL B NEW	084670702
SCHA	SCHWAB STRATEGIC TR	66,039	$4,221	2.3%	$53.14	—	US SML CAP ETF	808524607
IJH	ISHARES	24,029	$4,180	2.3%	$144.53	—	CORE S&P MCP ETF	464287507
FNDF	SCHWAB STRATEGIC TR	146,259	$4,097	2.3%	$25.23	—	SCHWB FDT INT LG	808524755
SCHF	SCHWAB STRATEGIC TR	116,211	$3,694	2.0%	$31.23	—	INTL EQTY ETF	808524805
—	POWERSHARES ETF TRUST	68,705	$3,688	2.0%	$43.30	—	DYNA BUYBK ACH	73935X286
IEFA	ISHARES TR	57,880	$3,525	2.0%	$54.81	—	CORE MSCI EAFE	46432F842
VWO	VANGUARD INTL EQUITY INDEX F	85,544	$3,493	1.9%	$39.61	—	FTSE EMR MKT ETF	922042858
SCHM	SCHWAB STRATEGIC TR	72,516	$3,493	1.9%	$40.54	—	US MID-CAP ETF	808524508
IWR	ISHARES	15,252	$2,931	1.6%	$153.41	—	RUS MID-CAP ETF	464287499
AAPL	APPLE INC	19,965	$2,876	1.6%	$26.40	+29.9%	COM	037833100
SDOG	ALPS ETF TR	63,389	$2,705	1.5%	$36.48	—	SECTR DIV DOGS	00162Q858
—	MARKET VECTORS ETF TR	63,608	$2,516	1.4%	$30.07	—	MKT VECTR WIDE	57060U134
IDOG	ALPS ETF TR	91,926	$2,434	1.3%	$29.19	—	INTL SEC DV DOG	00162Q718
TOTL	SSGA ACTIVE ETF TR	47,497	$2,338	1.3%	$49.56	—	SPDR TR TACTIC	78467V848
AIVL	WISDOMTREE TR	27,741	$2,284	1.3%	$69.15	—	DIV EX-FINL FD	97717W406
BSV	VANGUARD BD INDEX FD INC	28,511	$2,277	1.3%	$79.97	—	SHOERT TRM BOND	921937827
VCSH	VANGUARD SCOTTSDALE FDS	27,519	$2,203	1.2%	$80.03	—	SHRT TRM CORP BD	92206C409
IWV	ISHARES	14,988	$2,159	1.2%	$111.27	—	RUSSELL 3000 ETF	464287689
—	RYDEX ETF TRUST	17,284	$2,157	1.2%	$94.83	—	GUG S&P500 EWCON	78355W874
BIV	VANGUARD BD INDEX FD INC	25,151	$2,126	1.2%	$86.36	—	INTERMED TERM	921937819
CHRW	C H ROBINSON WORLDWIDE INC	30,918	$2,124	1.2%	$49.85	+15.9%	COM NEW	12541W209
MMM	3M Co	10,053	$2,094	1.2%	$73.25	+70.2%	COM	88579Y101
—	RYDEX ETF TRUST	11,770	$2,049	1.1%	$117.45	—	GUG S&P500EQWTHC	78355W841
GNR	SPDR INDEX SHS FDS	43,635	$1,813	1.0%	$36.96	—	GLB NAT RESRCE	78463X541
SCHH	SCHWAB STRATEGIC TR	42,391	$1,747	1.0%	$41.43	—	US REIT ETF	808524847
IWD	ISHARES	13,570	$1,580	0.9%	$97.61	—	RUS 1000 VAL ETF	464287598
VNQI	VANGUARD INTL EQUITY INDEX F	27,524	$1,549	0.9%	$54.58	—	GLB EX US ETF	922042676
SCHX	SCHWAB STRATEGIC TR	26,356	$1,523	0.8%	$45.39	—	US LRG CAP ETF	808524201
ITOT	ISHARES	27,236	$1,510	0.8%	$66.06	—	CORE S&P TTL STK	464287150
SCZ	ISHARES	25,921	$1,500	0.8%	$50.18	—	EAFE SML CP ETF	464288273
BNDX	VANGUARD CHARLOTTE FDS	24,967	$1,358	0.8%	$52.92	—	INTL BD IDX ETF	92203J407
—	POWERSHARES DB CMDTY IDX TRA	93,247	$1,348	0.7%	$22.19	—	UNIT BEN INT	73935S105
VEA	VANGUARD TAX MANAGED INTL FD	32,524	$1,344	0.7%	$40.79	—	FTSE DEV MKT ETF	921943858
—	RYDEX ETF TRUST	14,388	$1,334	0.7%	$71.45	—	GUG S&P500 EQ WT	78355W106
EMB	ISHARES TR	11,313	$1,294	0.7%	$114.27	—	JP MOR EM MK ETF	464288281
IHE	ISHARES	7,945	$1,233	0.7%	$119.22	—	U.S. PHARMA ETF	464288836
IWF	ISHARES	9,214	$1,097	0.6%	$91.99	—	RUS 1000 GRW ETF	464287614
BA	BOEING CO	5,375	$1,063	0.6%	$136.32	+28.3%	COM	097023105
HD	HOME DEPOT INC	6,915	$1,061	0.6%	$69.97	+77.9%	COM	437076102
ANGL	VANECK VECTORS ETF TR	33,631	$997	0.6%	$29.24	—	FALLEN ANGEL HG	92189F437
MSFT	MICROSOFT CORP	14,279	$985	0.5%	$41.58	+49.9%	COM	594918104
FNDE	SCHWAB STRATEGIC TR	35,579	$948	0.5%	$20.55	—	SCHWB FDT EMK LG	808524730
DAL	DELTA AIR LINES INC DEL	17,491	$940	0.5%	$25.68	+72.6%	COM NEW	247361702
SYLD	CAMBRIA ETF TR	26,813	$918	0.5%	$31.01	—	SHSHLD YIELD ETF	132061201
VUG	VANGUARD INDEX FDS	7,207	$916	0.5%	$116.66	—	GROWTH ETF	922908736
SCHV	SCHWAB STRATEGIC TR	17,464	$877	0.5%	$41.56	—	US LCAP VA ETF	808524409
JNJ	JOHNSON & JOHNSON	6,381	$845	0.5%	$68.60	+46.3%	COM	478160104
VXF	VANGUARD INDEX FDS	8,153	$834	0.5%	$98.13	—	EXTEND MKT ETF	922908652
—	ISHARES	28,817	$824	0.5%	$26.22	—	MSCI FRNTR100ETF	464286145
DIS	DISNEY WALT CO	7,671	$816	0.5%	$66.23	+54.7%	COM DISNEY	254687106
INTC	INTEL CORP	23,818	$804	0.4%	$20.58	+43.7%	COM	458140100
—	MEDTRONIC INC	8,861	$787	0.4%	$67.44	—	COM	585055106
VYM	VANGUARD WHITEHALL FDS INC	10,054	$786	0.4%	$69.97	—	HIGH DIV YLD	921946406
CWB	SPDR SERIES TRUST	15,318	$761	0.4%	$44.94	—	BRC CNV SECS ETF	78464A359
IJR	ISHARES	10,736	$753	0.4%	$89.08	—	CORE S&P SCP ETF	464287804
COST	COSTCO WHSL CORP NEW	4,625	$740	0.4%	$98.34	+53.5%	COM	22160K105
SCHB	SCHWAB STRATEGIC TR	12,119	$709	0.4%	$48.51	—	US BRD MKT ETF	808524102
—	RYDEX ETF TRUST	5,618	$702	0.4%	$86.88	—	GUG S&P500EQWTTE	78355W817
IJT	ISHARES	4,420	$690	0.4%	$119.71	—	SP SMCP600GR ETF	464287887
LMT	LOCKHEED MARTIN CORP	2,475	$688	0.4%	$167.25	+30.5%	COM	539830109
HON	HONEYWELL INTL INC	5,152	$687	0.4%	$62.72	+57.5%	COM	438516106
CVX	CHEVRON CORP NEW	6,476	$676	0.4%	$69.14	+5.9%	COM	166764100
V	VISA INC	6,938	$651	0.4%	$61.19	+42.9%	COM CL A	92826C839
GD	GENERAL DYNAMICS CORP	3,162	$627	0.3%	$113.94	+42.2%	COM	369550108
—	SPDR SERIES TRUST	16,455	$613	0.3%	$40.56	—	BRC HGH YLD BD	78464A417
VGSH	VANGUARD SCOTTSDALE FDS	9,828	$598	0.3%	$61.11	—	SHTRM GVT BD ETF	92206C102
—	DOW CHEM CO	9,200	$581	0.3%	$51.13	—	COM	260543103
FNDX	SCHWAB STRATEGIC TR	16,950	$574	0.3%	$31.25	—	SCHWAB FDT US LG	808524771
VCIT	VANGUARD SCOTTSDALE FDS	6,538	$573	0.3%	$86.00	—	INT-TERM CORP	92206C870
CSCO	CISCO SYS INC	18,138	$568	0.3%	$21.24	+18.0%	COM	17275R102
SCHE	SCHWAB STRATEGIC TR	22,606	$562	0.3%	$24.33	—	EMRG MKTEQ ETF	808524706
CAT	CATERPILLAR INC DEL	5,209	$560	0.3%	$84.05	0.0%	COM	149123101
BP	BP PLC	16,024	$556	0.3%	$36.21	—	SPONSORED ADR	055622104
VIOO	VANGUARD ADMIRAL FDS INC	4,316	$552	0.3%	$126.26	—	SMLLCP 600 IDX	921932828
IVV	ISHARES TR	2,252	$549	0.3%	$224.73	—	CORE S&P500 ETF	464287200
EFA	ISHARES TR	8,384	$547	0.3%	$58.76	—	MSCI EAFE ETF	464287465
MCD	MCDONALDS CORP	3,416	$524	0.3%	$91.79	+28.5%	COM	580135101
RCL	ROYAL CARIBBEAN CRUISES LTD	4,640	$507	0.3%	$71.30	+36.4%	COM	V7780T103
—	POWERSHARES ETF TR II	11,235	$503	0.3%	$40.44	—	S&P500 LOW VOL	73937B779
—	ETF MANAGERS TR	16,726	$503	0.3%	$29.68	—	PUREFUNDS ISE CY	26924G201
FDL	FIRST TR MORNINGSTAR DIV LEA	17,603	$496	0.3%	$26.81	—	SHS	336917109
DEM	WISDOMTREE TR	12,066	$495	0.3%	$50.88	—	EMERG MKTS ETF	97717W315
GOOGL	ALPHABET INC	532	$495	0.3%	$39.72	+16.9%	CAP STK CL C	02079K305
XEL	XCEL ENERGY INC	10,580	$486	0.3%	$19.62	+79.9%	COM	98389B100
—	BLACKROCK ENHANCED EQT DIV T	54,781	$483	0.3%	$8.08	—	COM	09251A104
—	EXPRESS SCRIPTS HLDG CO	7,313	$467	0.3%	$75.82	—	COM	30219G108
ROBO	EXCHANGE TRADED CONCEPTS TR	13,358	$458	0.3%	$30.91	—	ROBO GLB ETF	301505707
VZ	VERIZON COMMUNICATIONS INC	10,242	$458	0.3%	$28.11	+5.0%	COM	92343V104
LUV	SOUTHWEST AIRLS CO	7,300	$454	0.3%	$40.81	+28.2%	COM	844741108
—	LEVEL 3 COMMUNICATIONS INC	7,178	$426	0.2%	$59.35	—	COM NEW	52729N308
T	AT&T INC	11,127	$420	0.2%	$12.26	+29.9%	COM	00206R102
—	POWERSHARES ETF TRUST	8,761	$420	0.2%	$47.94	—	RUSSELL 200 WTH	73935X450
UNH	UNITEDHEALTH GROUP INC	2,200	$408	0.2%	$97.57	+56.5%	COM	91324P102
BND	VANGUARD BD INDEX FD INC	4,858	$398	0.2%	$81.26	—	TOTAL BND MRKT	921937835
FNDA	SCHWAB STRATEGIC TR	11,218	$390	0.2%	$34.30	—	SCHWAB FDT US SC	808524763
VTI	VANGUARD INDEX FDS	2,988	$372	0.2%	$124.50	—	TOTAL STK MKT	922908769
SCHG	SCHWAB STRATEGIC TR	5,808	$368	0.2%	$51.85	—	US LCAP GR ETF	808524300
RIGS	ALPS ETF TR	14,220	$361	0.2%	$25.39	—	RIVRFRNT STR INC	00162Q783
META	FACEBOOK INC	2,318	$350	0.2%	$109.49	+34.9%	CL A	30303M102
VTIP	VANGUARD MALVERN FDS	7,082	$349	0.2%	$49.54	—	STRM INFPROIDX	922020805
FNX	FIRST TR MID CAP CORE ALPHAD	5,819	$345	0.2%	$50.52	—	COM SHS	33735B108
WFC	WELLS FARGO & CO NEW	6,185	$343	0.2%	$40.21	+4.9%	COM	949746101
RDOG	ALPS ETF TR	7,721	$341	0.2%	$41.85	—	C&S GLOBL ETF	00162Q106
—	POWERSHARES ETF TRUST	17,450	$334	0.2%	$18.46	—	FINL PFD PTFL	73935X229
ISRG	INTUITIVE SURGICAL INC	350	$328	0.2%	$77.13	+24.6%	COM NEW	46120E602
IHI	ISHARES TR	1,943	$324	0.2%	$155.62	—	U.S. MED DVC ETF	464288810
—	POWERSHARES ETF TRUST	4,874	$306	0.2%	$55.39	—	DYN PHRMA PORT	73935X799
—	NUVEEN QUALITY PFD INCOME FD	29,471	$302	0.2%	$9.23	—	COM	67072C105
AMAT	APPLIED MATLS INC	6,950	$288	0.2%	$33.07	+16.8%	COM	038222105
—	UNITED TECHNOLOGIES CORP	2,277	$279	0.2%	$110.28	—	COM	913017109
PG	PROCTER & GAMBLE CO	3,176	$277	0.2%	$58.44	+20.0%	COM	742718109
—	NUVEEN FLOATING RATE INCOME	22,375	$266	0.1%	$11.70	—	COM	67072T108
VT	VANGUARD INTL EQUITY INDEX F	3,932	$266	0.1%	$60.19	—	TT WRLD ST ETF	922042742
—	CELGENE CORP	2,034	$265	0.1%	$98.82	—	COM	151020104
MA	MASTERCARD INCORPORATED	2,051	$250	0.1%	$90.84	+24.5%	CL A	57636Q104
GOOG	ALPHABET INC	270	$246	0.1%	$37.69	+20.6%	CAP STK CL C	02079K107
—	HCP INC	7,687	$246	0.1%	$37.32	—	COM	40414L109
IRBTQ	IROBOT CORP	2,875	$242	0.1%	$52.18	+65.3%	COM	462726100
FDN	FIRST TR EXCHANGE TRADED FD	2,534	$241	0.1%	$81.79	—	DJ INTERNT IDX	33733E302
HYS	PIMCO ETF TR	2,266	$230	0.1%	$106.03	—	0-5 HIGH YIELD	72201R783
—	BGC PARTNERS INC	17,921	$227	0.1%	$12.67	—	CL A	05541T101
BAC	BANK AMER CORP	9,310	$226	0.1%	$15.68	+21.8%	COM	060505104
MDIV	FIRST TR EXCHANGE TRADED FD	11,535	$223	0.1%	$19.33	—	MULTI ASSET DI	33738R100
—	POWERSHARES ACT MANG COMM FD	13,948	$221	0.1%	$15.84	—	OPT YLD DIV	73937V106
CRM	SALESFORCE COM INC	2,500	$217	0.1%	$86.04	0.0%	COM	79466L302
ULTA	ULTA BEAUTY INC	750	$216	0.1%	$273.75	+6.6%	COM	90384S303
GIS	GENERAL MLS INC	3,861	$214	0.1%	$40.27	+4.3%	COM	370334104
IDXX	IDEXX LABS INC	1,300	$210	0.1%	$137.84	+17.8%	COM	45168D104
—	UNILEVER N V	3,734	$207	0.1%	$55.44	—	N Y SHS NEW	904784709
—	POWERSHARES ETF TR II	4,700	$204	0.1%	$43.40	—	S&P400 LOVL PT	73937B647
—	COHEN & STEERS QUALITY RLTY	11,322	$143	0.1%	$12.49	—	COM	19247L106