Anda di halaman 1dari 17

January 5, 2017

U.S. Securities and Exchange Commission


100 F Street NE
Washington D.C. 20549
Office of Congressional Ethics
U.S. House of Representatives
425 3rd Street SW
Washington D.C. 20024

RE: Request for investigation of Reps. Tom Price (R-Ga.) and Chris Collins (R-NY)
Dear Commissioners:
On behalf of Public Citizen, we request an investigation into the stock market trading activities
of Reps. Tom Price (R-Ga.) and Chris Collins (R-NY) for possible violations of insider trading
and conflicts of interest laws and regulations. A letter of inquiry is below.
Sincerely,

Lisa Gilbert
Director
Public Citizens Congress Watch division
215 Pennsylvania Avenue SE
Washington, D.C. 20003
(551) 404-5200

Craig Holman, Ph.D.


Government affairs lobbyist
Public Citizens Congress Watch division
215 Pennsylvania Avenue SE
Washington, D.C. 20003
(202) 454-5182

January 4, 2017
U.S. Securities and Exchange Commission
100 F Street NE
Washington D.C. 20549
Office of Congressional Ethics
U.S. House of Representatives
425 3rd Street SW
Washington D.C. 20024

Dear Commissioners:
Since passage of the STOCK Act in 2012 which (i) explicitly applied the laws against insider
trading to members of Congress and (ii) mandated real-time disclosure of stock trading activity
by members of Congress (as well as the President and cabinet officials) most members of
Congress have become more cautious about trading activity that may pose questions of conflicts
of interest. There is a greater reluctance by members of Congress to trade in the stock market
generally, and in stocks that are directly related to the members official duties specifically.
The STOCK Act, however, has not deterred trading activity that raise the appearance of conflicts
of interest by Reps. Tom Price (R-Ga.) and Chris Collins (R- NY). Both members of Congress
sit on congressional committees with direct oversight of the pharmaceutical and health
industries, are key sponsors of legislation affecting the health care industry, and are very actively
trading on pharmaceutical and health care stocks that have reaped substantial profits on the stock
market.
Rep. Price chairs the House Budget Committee, which plays a critical role in shaping health care
legislation. He sits on the House Ways and Means Subcommittee on Health, which oversees
Medicare. Rep. Collins serves on the House Energy and Commerce Committee, including its
Subcommittee on Health, and on President-elect Trumps transition team. These are assignments
privy to public as well as non-public information on trends and opportunities affecting health
care as well as information on potential legislation and regulations impacting the industry.
Since 2012, Rep. Price has bought and sold stocks in about 40 pharmaceutical and health care
companies, including at least a dozen in the most recent congressional session, selling shares in
Gilead Sciences Inc. and buying shares in Aetna, Pfizer Inc. and Eli Lilly & Co and others (see
Attachment). Rep. Collins is also very active in the pharmaceutical and health care stock market,

2
comprising the largest shareholder of Australias Innate Immunotherapeutics Limited, with a 17
percent stake and sits on the companys board of directors.1
On March 17, 2016, Rep. Price bought shares of Aetna, Pfizer and Eli Lilly, all of which
promptly increased in value. The sale of Gilead shares was also well timed, which dropped $15
in value per share shortly after Prices reported sale.
On August 29, 2016, Rep. Collins, who sits on the board of Innate Immuno, purchased 4 million
shares of the company. Two days later, Rep. Price purchased between $50,000 and $100,000 in
stocks of the same company. Innate Immuno is currently experimenting with a new drug to treat
multiple sclerosis, a drug the companys chief executive believes could make or break the
companys future. The stock value of Innate Immuno doubled in the short period since Price and
Collins invested in the company.
At the same time, Reps. Price and Collins have sponsored several legislative measures, including
the the 21st Century Cures Act, which was enacted into law in December, and which the Wall
Street Journal reports could benefit Innate Immuno because it authorizes spending $6.3 billion
for medical research, including $500 million for the FDA to speed up drug approvals.2
These patterns of extensive trading activity in businesses and industries that Reps. Price and
Collins oversee in their official capacity, and the beneficial timing of these trades, raise
legitimate questions concerning both potential insider trading and conflicts of interest. Some of
these questions include:

Did Price and Collins have access to nonpublic material information accounting for a
doubling in value of their investments in Innate Immuno? Collins sits on the board of the
company, a company which is placing its bets on an experimental drug currently in
clinical trials, and both members of Congress made substantial purchases in the
companys stock at almost the same time.
Does pharmaceutical and health care legislation sponsored by Price and Collins run afoul
of conflicts of interest concerns in that the legislation could directly and substantially
benefit the lawmakers own investments beyond the benefit to the public generally?
These legislative vehicles could well produce windfall profits for Price and Collins.

While the information available so far on the stock trading activities of Reps. Price and Collins
falls short of evidence that any illegal insider trading or violations of congressional ethics rules
have occurred, the patterns, opportunities and remarkable financial benefits gained, and to be
gained, warrant investigation.

James Grimaldi and Michelle Hackman, Donald Trumps pick for Health Secretary traded medical stocks while
in House, Wall Street Journal (Dec. 22, 2016) available at: http://www.wsj.com/articles/donald-trumps-pick-forhealth-secretary-traded-medical-stocks-while-in-house-1482451061; see also
http://www.innateimmuno.com/irm/content/board-of-directors.aspx?RID=251.
2
Grimaldi and Hackman, op.cit., available at: http://www.wsj.com/articles/donald-trumps-pick-for-health-secretarytraded-medical-stocks-while-in-house-1482451061

Date
10/13/2008
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
7/28/2009
9/17/2009
9/17/2009
9/18/2009
9/18/2009
9/18/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009
9/30/2009

Stock
Verizon Communications
Anadarko Pete
Apple Inc
AT&T Inc
Bristol Myers Squibb Co
Caterpillar Inc.
Cliffs Natural Resources
CSX Corp
Hewlett Packard
JP Morgan Chase & Co
Kellogg Co
Merk & Co Inc New Com
Nucor Corporation
Peabody Energy
Potash CP of Saskatchewan Inc
Southwestern Energy Company
SPDR Gold TR Gold SHS
Monsanto Co/New
Starbucks Corp
Crown Castle Intl
Skyworks Solutions
Weyerhaeuser Co
AK Steel Holding Corp
Anadarko Pete
Apple Inc
AT&T Inc
Bristol Myers Squibb Co
Caterpillar Inc.
Cliffs Natural Resources
Conocophillips
CSX Corp
CVS Caremark Corp
Devon Energy Corp
Freeport McMoran CP&Gold
Goldman Sachs Grp Inc
Hewlett Packard
JP Morgan Chase & Co
Kellogg Co
Merk & Co Inc New Com
Nucor Corporation
Peabody Energy
Potash CP of Saskatchewan Inc
Research in Motion
Sandisk Corp
Shaw Group Incorporated

Purchase or Sell
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
S
S
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P

Threshold

Amount
$8,695.41
$473.00
$1,914.60
$485.26
$1,481.90
$1,498.35
$2,491.00
$1,990.00
$1,962.25
$1,482.39
$954.40
$1,463.63
$1,445.76
$1,990.07
$2,990.40
$1,480.68
$1,473.92
$2,406.64
$1,743.31
$3,123.89
$3,117.51
$3,094.83
$299.10
$187.92
$920.90
$297.11
$878.28
$667.55
$1,013.70
$630.14
$1,176.84
$1,467.39
$673.20
$694.00
$735.44
$1,080.31
$707.18
$638.56
$906.83
$941.98
$1,083.44
$1,554.99
$1,504.80
$903.42
$1,086.64

9/30/2009
9/30/2009
9/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
10/30/2009
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010

SPDR Gold TR Gold SHS


Target Corporation
Wynn Resorts Ltd
AK Steel Holding Corp
Anadarko Pete
Apple Inc
AT&T Inc
Bristol Myers Squibb Co
Caterpillar Inc.
Cliffs Natural Resources
Conocophillips
CSX Corp
CVS Caremark Corp
Devon Energy Corp
Freeport McMoran CP&Gold
Goldman Sachs Grp Inc
Hewlett Packard
JP Morgan Chase & Co
Kellogg Co
Merk & Co Inc New Com
Nucor Corporation
Peabody Energy
Potash CP of Saskatchewan Inc
Research in Motion
Sandisk Corp
Shaw Group Incorporated
Skyworks Solutions
Southwestern Energy Company
SPDR Gold TR Gold SHS
Target Corporation
Weyerhaeuser Co
Wynn Resorts Ltd
AK Steel Holding Corp
Anadarko Pete
Apple Inc
AT&T Inc
Bristol Myers Squibb Co
Caterpillar Inc.
Cliffs Natural Resources
Conocophillips
Crown Castle Intl
CSX Corp
CVS Caremark Corp
Devon Energy Corp
Flextronics
Goldman Sachs Grp Inc
Hewlett Packard

P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
P
S
P
P
P
P
P
S
P
P
S
S
P
P
P
S

$883.98
$838.26
$354.10
$362.71
$182.10
$759.20
$232.20
$677.35
$385.63
$640.80
$199.56
$762.66
$1,002.96
$707.41
$441.54
$687.56
$715.50
$715.00
$309.18
$620.40
$992.25
$592.20
$1,570.80
$1,184.60
$931.50
$1,438.08
$657.09
$1,484.78
$408.36
$488.70
$181.35
$1,936.44
$374.84
$132.90
$418.53
$134.49
$100.06
$64.02
$1,477.46
$266.89
$818.39
$103.27
$4,818.17
$74.88
$3,612.12
$683.19
$3,175.62

1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/11/2010
1/14/2010
1/14/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010

JP Morgan Chase & Co


Kellogg Co
Merk & Co Inc New Com
Nucor Corporation
On Semiconductor Cop
Peabody Energy
Potash CP of Saskatchewan Inc
Qualcomm Inc.
Research in Motion
Sandisk Corp
Shaw Group Incorporated
Skyworks Solutions
Southwestern Energy Company
SPDR Gold TR Gold SHS
Target Corporation
Weatherford International Ltd
Weyerhaeuser Co
Wynn Resorts Ltd
Hewlett Packard
Potash CP of Saskatchewan Inc
Advanced Micro Devices
AK Steel Holding Corp
Anadarko Pete
Apple Inc
AT&T Inc
Bristol Myers Squibb Co
Cliffs Natural Resources
Conocophillips
Cree Research Inc
Crown Castle Intl
CSX Corp
Devon Energy Corp
FedEx
Flextronics Ltd
Freeport McMoran CP&Gold
Goldman Sachs Grp Inc
Hewlett Packard
Intel Corp
JP Morgan Chase & Co
Kellogg Co
Nucor Corporation
On Semiconductor Cop
Peabody Energy
Potash CP of Saskatchewan Inc
Qualcomm Inc.
Sandisk Corp
Shaw Group Incorporated

P
P
S
S
P
S
S
P
S
S
S
S
P
P
P
P
S
S
P
P
P
P
P
S
S
S
P
S
P
P
S
S
P
S
S
S
P
P
P
S
P
P
P
P
P
S
S

$400.03
$320.63
$3,705.83
$148.31
$3,607.66
$195.20
$6,861.36
$3,583.56
$4,394.58
$1,159.08
$327.19
$763.02
$99.68
$226.04
$452.14
$4,819.39
$88.29
$341.06
$1,105.99
$3,597.67
$3,740.88
$448.56
$63.85
$777.54
$1,137.42
$3,680.76
$1,059.03
$115.85
$3,675.03
$339.68
$222.57
$3,181.14
$3,651.64
$59.99
$2,890.29
$3,136.52
$1,425.16
$3,716.06
$257.39
$2,451.77
$360.38
$527.29
$612.61
$419.80
$972.92
$1,628.34
$401.51

5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
5/4/2010
6/16/2010
6/16/2010
6/23/2010
8/17/2010
8/17/2010
9/1/2010
11/2/2010
11/2/2010
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011

Skyworks Solutions
S
SPDR Gold TR Gold SHS
S
Target Corporation
S
Visa Inc CL A
P
Weatherford International Ltd
P
Weyerhaeuser Co
S
Wynn Resorts Ltd
S
Anadarko Pete
S
Wynn Resorts Ltd
S
Sandisk Corp
S
Cliffs Natural Resources
S
Potash CP of Saskatchewan Inc
S
Weyerhaeuser Co
S (cash in leiu of fractional share)
Sandisk Corp
S
VMWare
P
Advanced Micro Devices
S
AK Steel Holding Corp
P
Alcoa
P
American Tower Reit Com (total of other two trades)
P
Apache Corp
P
Baker Hughes Inc
P
Caterpillar Inc.
S
Cliffs Natural Resources
S
Concophillips
S
Cree Research Inc
S
Crown Castle Intl
S
CSX Corp
S
Delta Airlines
p
Dow Chemical
P
F5 Networks Inc
P
FedEx
P
Flextronics Intl LTD
S
Goodyear Tire & Rubber
P
Hess Corporation
P
Hewlett Packard
S
Intel Corp
S
Iron Mountain Inc
P
JP Morgan Chase
S
Monster Beverage Corp Com
P
Nabors Industries Ltd New
P
Nucor Corporation
P
On Semiconductor Cop
P
Oracle Corp
P
Peabody Energy
S
Prudential Financial
P
Qualcomm Inc.
S
Shaw Group Incorporated
S

$355.33
$1,035.36
$167.16
$3,662.81
$734.08
$243.12
$352.62
$811.96
$170.90
$3,357.01
$4,310.65
$6,312.18
$1.92
$1,838.99
$5,445.16
$3,093.03
$2,872.98
$3,978.24
$3,986.04
$2,621.43
$2,621.42
$304.25
$339.15
$3,176.46
$1,741.65
$1,448.98
$6,965.86
$3,988.60
$3,971.85
$2,574.00
$267.70
$3,201.96
$5,324.89
$2,646.57
$2,590.16
$3,545.63
$2,636.59
$3,563.58
$6,645.91
$2,645.98
$645.53
$656.91
$5,285.88
$2,392.92
$3,960.74
$2,726.95
$4,529.86

6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
6/21/2011
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
1/25/2012
4/30/2012
4/30/2012

Skyworks Solutions
Southwestern Energy company
SPDR Gold TR Gold SHS
Stanley Black & Decker Inc.
Target Corporation
The Mosaic Co
Visa INC CL A
VMWare Inc Class A
Weatherford International Ltd
Weyerhaeuser co
Wynn Resorts
AK Steel Holding Corp
Alcoa Inc
American Tower Reit
Arache Corp
Avnet Inc
Baker Hughes Inc
Caterpillar Inc.
Cliffs Natural Resources
Corn Products International Inc
Covidien PLC New
Crown Castle Intl
Delta Airlines Inc New
Dow Chemical
F5 Networks Inc
FedEx Corp
Goodyear Tire & Rubber
Hess Corporation
Iron Mountain Inc (DE)
Monster Worldwide Inc
Nabors Industries Ltd New
Nucor Corporation
On Semiconductor Corp
Oracle Corp
Peabody Energy
Prudential Financial
Qualcomm Inc.
SAIA Inc
Skyworks Solutions
Stanley Black & Decker Inc.
The Mosaic Co
Visa Inc CL A
VMWare Inc Class A
Weatherford International Ltd
Wynn Resorts
AK Steel Holding Corp
American Tower Reit Com

S
S
S
P
S
P
S
S
S
S
S
P
S
S
P
P
P
S
P
P
P
S
S
P
S
S
P
P
S
S
P
S
S
P
P
P
S
S
S
S
P
S
S
P
P
S
S

$965.00
$3,034.94
$3,314.27
$2,651.84
$3,240.42
$3,976.95
$374.96
$2,552.58
$2,335.70
$4,390.79
$7,182.54
$1,090.95
$2,678.83
$1,007.26
$292.17
$3,794.36
$764.10
$649.89
$227.78
$3,750.79
$3,792.50
$698.71
$259.79
$100.34
$488.00
$184.15
$447.03
$401.84
$2,500.43
$4,023.21
$577.38
$481.40
$4,842.67
$481.38
$1,200.09
$57.46
$354.43
$58.22
$21.50
$143.41
$334.28
$1,003.91
$91.81
$16.52
$120.28
$303.96
$327.39

4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
4/30/2012
7/11/2012
7/11/2012
7/11/2012
7/11/2012
7/11/2012
7/13/2012
7/13/2012
7/13/2012
7/13/2012
7/13/2012

Apache Corp
Avnet Inc
Baker Hughes Inc
Caterpillar Inc.
Cliffs Natural Resources
Corn Products International Inc
Covidien PLC New
Crown Castle Intl
Delta Airlines Inc New
Dow Chemical
EMC Corp Mass
EOG Resources Inc
Express Scripts Hldg Co Com
FedEx Corp
Goodyear Tire & Rubber
Hess Corporation
Kansas CY Southn Ind New
Las Vegas Sands Corporation
Monster Beverage Corp Com
Nabors Industries Ltd New
Nucor Corporation
Oracle Corp
Peabody Energy
Prudential Financial
Qualcomm Inc.
Rackspace Hosting Inc com
SAIA Inc
Seagate Technology PLC
Skyworks Solutions
Stanley Black & Decker Inc.
The Mosaic Co
Union Pacific Corp
United Rentals Inc
Visa Inc CL A
VMWare Inc Class A
Weatherford International Ltd
Wynn Resorts
Caterpillar Inc.
Ingredion Inc Com
Qualcomm Inc.
Stanley Black & Decker Inc.
VMWare Inc Class A
Guggenheim S&P Equal Weighted Index Fd
Ishares High Dividend Equity Fd
Powershares DB Base Us Dollar Index Bullish
Select Sector SPDR T Utilities Select Sector
SPDR S&D Dividend

S
S
S
S
S
S
P
S
S
S
P
P
P
S
S
S
P
P
P
S
S
S
S
S
S
P
S
P
S
S
S
P
P
S
S
S
S
S
S
S
S
S
S
P
P
P
S

$191.83
$252.20
$219.99
$205.29
$311.44
$171.44
$552.16
$339.85
$219.88
$3,822.00
$2,255.66
$2,193.45
$3,397.70
$3,707.28
$4,102.87
$208.31
$3,391.68
$3,385.88
$2,215.31
$232.44
$235.63
$5,252.31
$3,243.01
$3,991.83
$127.37
$3,364.41
$603.24
$3,384.28
$270.21
$146.31
$3,589.19
$3,368.29
$3,403.85
$3,193.10
$335.12
$171.88
$1,599.44
$3,608.59
$3,029.66
$2,216.93
$2,041.14
$3,169.22
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K

7/16/2012
7/16/2012
7/16/2012
7/16/2012
7/16/2012
7/16/2012
7/16/2012
9/28/2012
9/28/2012
10/1/2012
10/10/2012
10/10/2012
10/10/2012
10/10/2012
10/10/2012
10/11/2012
10/19/2012
10/19/2012
10/19/2012
10/19/2012
10/19/2012
10/19/2012
10/19/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012

Caterpillar Inc.
Guggenheim S&P Equal Weighted Index Fd
Guggenheim S&P Equal Weighted Index Fd
Ingredient Inc.
Qualcomm Inc.
Stanley Black & Decker Inc.
Vmware Inc. Class A
Marsh & McLennan Cos Inc.
Starbucks Corp Washington
Kraft Foods Corp W/I
Industrial Select ETF Sector SPDR
Ishares TR - Dow Jones US Fincl Sector Index
Powershares DB Base Us Dollar Index Bullish
Select Sector SPDR T Utilities
Vangaurd Materials ETF
Ishares TR S&P 500 index Fd
First Trust Tech ETF Alphadex Fund
Industrial Select ETF Sector SPDR
Ishares TR - Dow Jones US Fincl Sector Index
Ishares TR S&P 500 index Fd
Powershares DB Base Us Dollar Index Bullish
Select Sector SPDR T Utilities
Vanguard Materials ETF
Abbott Laboratories
Allstate Corp
Altria Group Inc.
American International Group Inc
Amgen Inc.
Aqua America Inc.
Automatic Data Processing
Bank of America Corp
Berkshire Hathaway I Series B New
Boeing Co
Boeing Co
Broadrigde Financial Solutions
CBL & Assoc Properties Reit Inc.
Cisco Systems Inc.
Colgate-Palmolive Co.
Conagra Foods Inc.
Elan Plc Adr
Emerson Electric Co.
Exelon Corporation
Exxon Mobil Corp
Fannie Mae
Federal Home Loan Mtg
Frontier Communications Corp
General Electric Com

S
P
S
S
S
S
S
P
P

$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K

P
P
S
S
P
P
S
P
P
P
S
S
P
S
S
S
S
S
S
S
S*
S
S
S
S
S
S
S
S
S
S
S
S

$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$15-50K
$1-15K
$100-250K
$15-50K
$1-15K
$1-15K
$1-15K
$15-50K
$1-15K
$1-15K
$15-50K
$15-50K
$15-50K
$1-15K
$1-15K
$15-50K
$1-15K
$15-50K

$1-15K

$2,492.32
$2,505.00
$15.18

$6,404.46
$15,116.62
$11,792.98
$311.24
$111,260.86
$23,002.26
$12,065.96
$1,434.30
$8,409.31
$22,022.27
$14,690.15
$1,187.37
$23,363.89
$20,677.33
$13,726.74
$5,143.36
$19,916.88
$10,656.00
$35,525.39
$28.36
$18.63
$256.07
$6,814.26

11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/12/2012
11/15/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012

Home Depot Inc.


Intel Corp
Johnson & Johnson
Kraft Foods Corp
Masco Corp
Masco Corp
McDonalds Corp.
Merck & Co Inc. New
Mondelez Intl Inc.
Monsanto Co. New
Pepsico Incorporated
Pfizer Incorportated
Philip Morris International Inc.
Philip Morris International Inc.
Procter & Gamble Co
Procter & Gamble Co
Royal Dutch Schell Pl Adr CL A
Sony Corp Adr New
Suntrust Banks Inc.
Suntrust Banks Inc.
Verizon Communication Com
Wal-Mart Stores Inc.
Western Union Co.
Legg Mason
AK Steel Holding Corp
Amazon
American Tower Reit Com
Apache Corp
Avenet Inc
Baker Hughes Inc
Cliffs Natural Resources
Covidien PLC New
Crown Castle Intl
Danaher Corporation
Delta Airlines
EMC Corp Mass
EOG Resources Inc
Express Scripts Hldg Co Com
F5 Networks Inc
Hess Corporation
Ishares S&P Midcap 400 Index
Ishares S&P500 Growth Index
Ishares SP Smallcap 600 Index
Kansas CY Southn Ind New
Las Vegas Sands Corporation
Limited Brands Inc
Marsh & McLennan Cos Inc.

S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
S
P
P
S
S
S
S
S
S
P
S
P
S
P
S
S
P
P
P
S
S
P
S

$15-50K
$15-50K
$15-50K
$1-15K
$1-15K
$1-15K
$50-100K
$15-50K
$15-50K
$15-50K
$1-15K
$15-50K
$15-50K
$1-15K
$1-15K
$1-15K
$15-50K
$1-15K
$1-15K
$1-15K
$1-15K
$15-50K
$1-15K
$1-15K

$32,163.70
$19,096.61
$14,786.80
$3,773.84
$5,975.61
$1,489.02
$58,788.11
$35,016.26
$6,795.39
$18,650.33
$9,635.21
$25,262.20
$25,305.45
$7,079.94
$13,271.80
$10,355.30
$25,655.31
$6,893.69
$2,596.94
$2,602.14
$12,657.69
$37,231.21
$6,699.50
$1,536.76
$4,552.56
$536.69
$1,774.64
$3,200.54
$1,949.23
$2,055.04
$5,002.38
$498.59
$3,535.36
$4,050.36
$1,586.34
$2,408.84
$1,435.46
$1,993.21
$2,077.55
$7,074.20
$7,157.16
$4,698.21
$3,605.27
$2,836.43
$2,356.12
$2,541.10

12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
12/17/2012
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013

Monsanto
Monster Beverage Corp Com
Nabors Industries Ltd New
Nucor Corporation
Oneok
Penn National Gaming
Petsmart
PNC Finl Svcs GP
Qualcomm
Rackspace Hosting Inc Com
SAIA Inc
Sandisk Corp
Seagate Technology PLC
Skyworks Solutions
Starbucks Corp
United Rentals Inc
Visa Inc
VMWare Inc Class A
Weatherford International Ltd
Whole Foods Markets
Wynn Resorts
Affiliated Managers Group
Alliance Data Systems Corp
Amazon
American Tower Reit Com
Calpine Corp New
Cbre Group Inc
CDN Pacific RV LTD New
Chevron Corp
Crown Castle Intl
Danaher Corporation
Eagle Matls
EMC Corp Mass
Enersys
Express Scripts Holding Co
FEI Company
Gartner Inc
General Electric
Heartland Payment Sys
Helmerich & Payne
Hertz Global Holding Inc
Honeywell Intl Inc
Incyte Corp
Interxion Holding NV
Ishares S&P Midcap 400 Index
Ishares S&P500 Growth Index
Ishares SP Smallcap 600 Index

P
S
S
S
P
P
P
P
P
S
S
P
S
S
P
P
P
P
S
P
S
P
P
S
S
P
P
P
P
S
S
P
S
P
S
P
P
P
P
P
P (check)
P
P
S
S
S

$3,529.50
$1,531.16
$1,769.69
$3,448.90
$3,573.56
$3,575.68
$3,533.00
$4,735.50
$3,523.17
$1,504.32
$5,041.54
$4,753.27
$3,068.38
$3,440.67
$870.56
$2,874.36
$4,736.64
$3,566.68
$1,494.88
$3,490.89
$2,153.60
$2,005.90
$2,037.24
$4,560.73
$2,921.38
$2,093.76
$2,097.57
$1,987.04
$2,071.96
$3,005.66
$1,580.76
$2,040.30
$3,198.83
$2,060.55
$5,167.69
$2,082.96
$2,072.16
$2,095.26
$2,079.63
$2,043.65
$2,085.39
$2,058.00
$2,092.85
$2,096.95
$8,063.11
$7,892.06
$5,291.63

4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
4/30/2013
8/6/2013
8/6/2013
8/6/2013
8/6/2013
8/6/2013
10/8/2013
10/24/2013
10/24/2013
10/24/2013
3/21/2014
3/21/2014
10/21/2014
10/21/2014

Jarden Corp
P
JP Morgan Chase & Co
P
Kapstone Paper and Packaging
P
L Brands Inc com
S
Mobile Mini Inc
P
Monsanto CO/NEW
S
Nordson CP
P
Oceaneering Intl Inc
P
Oneok
S
Onyx Pharmaceuticals
P
Panera Bread
P
Parexl Intl Corp
P
Penn National Gaming
S
Petsmart
S
PNC Finl Svcs GP
S
Polaris Industries Inc
P
Qualcomm Inc.
S
Rackspace Hosting Inc Com
S
Robert Half Int
P
Rock Tenn Co CLA
P
Sandisk Corp
S
Signet Jewelers Limited
P
Starbucks Corp.
S
Towers Watson
P
Union Pacific Corp
S
United Rentals Inc
S
Valmont Industries
P
Visa Inc
S
VMWare Inc Class
S
WABTEC
P
Whole Foods Markets
S
William Sonoma
P
Wyndham Worldwide Corp
P
XL Group PLC NEW
P
ACE Ltd
P
Be Aerospace
P
Eagle Matls
S
Jazz Pharmaceuticals
P
Mobile Mini Inc
S
Onyx Pharmaceuticals (in exchange for cash)
S? Redemption
Hertz Global Holdings
S
Jarden Corp
S
Panera Bread
S
Alliance Data Systems Corp
S
Incyte Corp
S
Affiliated Mgrs Group Inc
P
American Tower REIT Com
P

$15-50K

Not in PTR
Not in PTR
$1-15K
$1-15K

$2,057.58
$2,055.48
$2,070.60
$2,305.93
$2,081.61
$1,813.26
$2,074.50
$2,034.64
$1,889.17
$2,075.70
$1,943.04
$2,096.61
$4,325.94
$3,388.42
$3,255.76
$2,062.80
$1,227.57
$1,727.96
$2,067.03
$2,084.88
$5,839.88
$2,053.20
$1,697.04
$2,039.52
$2,064.53
$5,112.54
$2,029.72
$3,028.97
$2,676.28
$2,087.00
$3,432.31
$1,925.28
$2,096.85
$2,087.72
$2,431.28
$2,414.68
$2,017.46
$2,428.54
$2,546.29
$2,750.00
$2,080.56
$2,391.39
$1,688.36
$3,518.17
$5,729.73
$568.37
$380.04

10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
10/21/2014
1/8/2015
1/9/2015
1/23/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015

Arris Group
BE Aerospace Inc.
Calpine Corp
Carrizo Oil and Gas
CBRE Group Inc.
Chevron Corp
Crown Castle Intl
Dana Holding
Enersys
FEI Company
Foot Locker Inc.
Gartner Inc
Guggenheim S&P Equ Weight
Heartland Payment Systems Inc.
Honeywell International Inc.
Interxion Holding
Jazz Pham PLC
JP Morgan Chase
Kapstone Paper and Packaging
Monsanto Co/New
One Gas Inc.
Oneok Inc. New
Polaris Industries Inc.
Powershares Dynamic Pharmaceutical
Qihoo 360 Tech Ltd Ads
Qualcomm Inc.
Rock Tenn CO CL A
Signet Jewelers Limited
Starbucks Corp
Union Pacific Corp
United Rentals
Visteon
Wyndham Worldwide Corp
XL Group PLC
Innate Immunotherapeutics, Ltd.
Innate Immunotherapeutics, Ltd.
Innate Immunotherapeutics, Ltd.
Abbott Laboratories
ACE Ltd
Aetna Inc New CT
Agilent Technologies
Alcoa
Amazon Com Inc
American Express
Amgen Inc
Amgen Inc
Arris Group

P
P
P
P
P
P
P
P
P
P
P
P
P
S
P
P
S
P
S
P
S
P
S
P
P
P
P
S
P
S
S
P
P
P
P
P
P
P
S
P
P
P
P
P
P
P
P

$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K

$1-15K

$3,569.02
$400.55
$1,083.23
$3,104.79
$507.74
$1,138.07
$588.00
$1,421.38
$566.84
$475.74
$3,122.43
$379.37
$3,963.34
$3,180.11
$461.15
$906.20
$1,744.89
$692.37
$818.19
$565.87
$399.35
$363.15
$293.17
$8,880.81
$3,569.19
$299.43
$1,009.83
$110.67
$297.83
$325.25
$1,500.49
$3,115.31
$314.50
$914.48
$5,365.63
$2,833.69
$1,819.19
$3,103.43
$2,972.24
$3,072.30
$3,109.14
*
$5,220.48
*
*
*
$4,081.06

1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015

Be Aerospace
Blackstone Group
Boeing Co
Calpine Corp
Carrizo Oil and Gas
CBRE Group Inc
CDN Pacific RV LTD New
Chevron Corp
Crown Castle Intl
Dana Holding
Enersys
Facebook Inc
FEI Company
Foot Locker Inc.
Gartner Inc
General Electric Co
Genesee Wyoming Inc A
Gilead Science
Guggenheim S&P Equ Weight
Helmerich & Payne
Honeywell International Inc
Hubbell Inc
Interxion Holding NV
Jazz Pharmaceuticals PLC
JP Morgan Chase
Kapstone Paper and Packaging
Kinder Morgan
KLX Inc Com
Lear Corp
Mastercard Corp
Michael Kors Holdings
Nordson CP
Oceaneering Intl Inc
Oneok Inc New
Parexl Intl Corp
Phillips 66 Com
PNC Finl Svcs GP
Polaris Industries
Powershares Dynamic Pharmaceutical
Qihoo 360 Tech Ltd Ads
Qualcomm Inc.
Quintiles Transnational Hldgs
Robert Half Int
Rock Tenn Co CLA
Ryder Systems
Signet Jewelers Ltd
Starbucks Corp

S
P
P
P
S
S
S
S
S
S
S
P
S
P
S
S
P
P
P
S
S
P
S
S
S
S
P
S
P
P
P
S
S
P
S
P
S
P
S
P
S
P
S
S
P
P
W

$3,215.48

$2,260.18
$3,114.35

$99.09

$171.96

$3,124.15

$9,828.69

$3,070.58

$2,262.78
*
3089.52*
*
$2,686.90
*
$2,850.43
$2,770.53
$3,199.41
*
$59.00
*
$3,215.48
$2,263.33
*
$2,260.18
*
*
*
$1,997.21
$99.09
$3,109.77
$3,343.07
$171.96
$3,011.77
$212.20
*
$751.53
*
*
$5,282.04
$2,195.55
*
*
$3,124.15
*
$2,895.54
*
$9,828.69
*
$2,593.30
$3,070.58
$3,698.82
$4,058.60
$3,095.55
$1,728.44
*

1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
1/29/2015
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016

Starwood HTELs RSTS WW Inc


Thermo Fisher Scientific
Thermo Fisher Scientific
Towers Watson
Twenty First Century Fox CL A
Union Pacific Corp
United Rentals Inc
Valmont Industries
Visa Inc
Visteon Corp
WABTEC
William Sonoma
Williams Co Inc
Wyndham Worldwide Corp
Abbott Laboratories
Aetna Inc New CT
Agilent Technologies
American Express
Amgen Inc
AthenaHealth Inc Com
Bank of America Corp
Biogen Inc com
Boeing Co
Bristol Myers Squibb Co
CVS Health Corp Com
Danaher Corporation
Delta Air Lines Inc New
Eli Lilly and Co
Fifth Third Bancorp Ohio
Gilead Science
Honeywell International Inc
Lowes Company Inc
McKesson Corp
Nike Inc B
Northrop Grumman Corp (Hldg Co)
Pfizer Inc
PJT Partners Inc Com Cl A
Quintiles Transnational Hldgs
Ross Stores Inc
Ryder Systems
Synchrony Financial
Thermo Fisher Scientific
Union Pacific Corp
United Technologies Corp
Whitewave Foods Corp Cl A
Williams Co Inc
Xerox Corp

P
P
P
S
P
S
P
S
P
P
S
S
P
S
S
P
S
S
P
P
P
P
P
P
P
S
P
P
P
S
S
P
P
P
P
P
S
S
P
S
P
S
S
P
P
S
P

$3,081.38

$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K

*
$3,081.38
$3,081.28
$3,317.82
$6,286.34
$239.49
*
$1,873.40
$4,190.06
*
$3,415.10
$2,889.76
$1,513.03
$3,330.17

3/17/2016
3/31/2016
7/11/2016
7/11/2016
7/11/2016
8/31/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/31/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/31/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/31/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016
3/17/2016

Zimmer Biomet Hldgs Inc com


Verizon Communications
Harding Lowevner Emerg Mrkts Port Adv
Lord Abbett Develop Growth Class A
Pimco Commodity Real Ret Strat Admin Cl
Innate Immunotherapeutics, Ltd.
Vantiv Inc Cl A
Alphabet Inc Cl A
Crown Castle Intl
Twenty First Century Fox CL A
Lear Corp
Facebook Inc Cl A
Kapstone Paper and Packaging
Mastercard Inc Cl A
Qihoo 360 Tech Ltd Ads
Kinder Morgan Inc Corp
Phillips 66 Com
L Brands Inc com
Lyondellbasell NV Cl A
Michael Kors Holdings
CBS Corp New Cl B Shrs
Foot Locker Inc.
Blackstone Group LP
JP Morgan Chase and Co
Monsanto CO/New
Nextera Energy Inc Com
Enersys
Discover Fincl Svcs
Kansas CY Southn Ind New
Blackrock Inc
United Rentals Inc
PG&E Corporation
Oneok Inc New
XL Group PLC New
Amazon Com Inc
Sempra Energy
Genessee & Wyoming Inc A
Cognizant Tech Solutions Cl A
Alcoa Inc
Visteon
Polaris Industries Inc
Goldman Sachs Grp Inc
Visa Inc Cl A
Capital One Financial Corp

P
P
P
P
P
P
P
P
P
S
S
S
S
S
S
S
S
P
P
S
P
S
S
P
S
P
S
P
P
P
S
P
S
S
S
P
S
P
S
S
S
P
S
P

$1-15K
$1-15K
$15-50K
$1-15K
$1-15K
$50-100K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K
$1-15K