Efficient Market Advisors, LLC

13F filer, CIK 1429788, SAN DIEGO, CA

Efficient Market Advisors, LLC reported $431,384,000 across 148 holdings for the quarter ended 2015-06-30, in a 13F-HR filed 2015-07-13. Its ten largest share positions make up 73.93% of the portfolio.

Filed 2015-07-13 (acceptance time not in the bulk data set), ingested 2026-10-07 19:15:25 UTC13F-HR 0001085146-15-001447

Period: 2015-06-30
Reported value: $431M
Holdings: 148
Top 10 weight: 73.93%
New: 5
Sold out: 5

Largest buys vs the previous quarter

Security	Shares change	Approx. value
POWERSHARESadded	+498,556	$11.9M
EMBadded	+57,598	$6.33M
IGSBadded	+44,744	$4.71M
FTGCadded	+156,883	$3.89M
VOOadded	+6,494	$1.23M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

Security	Shares change	Approx. value
FLOTreduced	-397,665	-$20.1M
MARKET VECTORS ETF TRreduced	-73,296	-$1.82M
VVreduced	-18,528	-$1.76M
VOreduced	-6,882	-$877K
SJNKreduced	-30,317	-$876K

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2015

Share positions as resolved from 13F-HR 0001085146-15-001447, largest first. % of portfolio is the value over $431,376,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Latest event	Timeline
VOOVANGUARD INDEX FDS	326,415	$61.6M	14.29%	+6,494		Timeline
IJHISHARES TR	346,205	$51.9M	12.04%	-2,398		Timeline
FLOTISHARES TR	821,293	$41.6M	9.64%	-397,665		Timeline
IJRISHARES TR	281,319	$33.2M	7.69%	+8,299		Timeline
IGSBISHARES TR	270,105	$28.4M	6.6%	+44,744		Timeline
VEAVANGUARD TAX-MANAGED FDS	584,168	$23.2M	5.37%	+14,863		Timeline
VWOVANGUARD INTL EQUITY INDEX F	525,944	$21.5M	4.98%	-23		Timeline
Invesco Global Listed Priva…Invesco Global Listed Private Equ…	1,714,563	$19.9M	4.61%	+23,373
POWERSHARESPOWERSHARES	813,172	$19.3M	4.48%	+498,556
SJNKSPDR SERIES TRUST	631,668	$18.3M	4.23%	-30,317		Timeline
POWERSHARES ETF TR IIPOWERSHARES ETF TR II	624,421	$15.4M	3.57%	+29,329
DBEUDBX ETF TR	527,706	$14.2M	3.29%	+13,457		Timeline
EMBISHARES TR	79,637	$8.75M	2.03%	+57,598		Timeline
PFFISHARES TR	207,983	$8.15M	1.89%	-10,064		Timeline
FTGCFIRST TR EXCHANGE TRAD FD VI	295,586	$7.33M	1.7%	+156,883		Timeline
IEMGISHARES INC	130,327	$6.26M	1.45%	+248		Timeline
SPYSTATE STR SPDR S&P 500 ETF T	22,774	$4.69M	1.09%	-1,372		Timeline
HYGISHARES TR	45,968	$4.08M	0.95%	-4,802		Timeline
MARKET VECTORS ETF TRMARKET VECTORS ETF TR	159,453	$3.96M	0.92%	-73,296
VVVANGUARD INDEX FDS	40,763	$3.87M	0.9%	-18,528		Timeline
IWMISHARES TR	30,874	$3.85M	0.89%	-5,402		Timeline
SRLNSSGA ACTIVE ETF TR	66,143	$3.26M	0.76%	+3,972		Timeline
IEFAISHARES TR	45,679	$2.66M	0.62%	-543		Timeline
HEZUISHARES TR	94,644	$2.62M	0.61%	-15,484		Timeline
VOVANGUARD INDEX FDS	20,188	$2.57M	0.6%	-6,882		Timeline
PEXPROSHARES TR	51,742	$2.12M	0.49%	-9,620		Timeline
HYSPIMCO ETF TR	18,122	$1.81M	0.42%	-3,207		Timeline
VBVANGUARD INDEX FDS	13,109	$1.59M	0.37%	-5,200		Timeline
VTIVANGUARD INDEX FDS	14,877	$1.59M	0.37%	-182		Timeline
VEUVANGUARD INTL EQUITY INDEX F	26,508	$1.29M	0.3%	-11,313		Timeline
BNDVANGUARD BD INDEX FDS	14,995	$1.22M	0.28%	-155		Timeline
MCDMCDONALDS CORP	9,828	$934K	0.22%	0		Timeline
SPDR SERIES TRUST BLOOMBERG…SPDR SERIES TRUST BLOOMBERG BR	23,554	$905K	0.21%	-1,747
EFAISHARES TR	13,987	$888K	0.21%	-613		Timeline
VWOBVANGUARD WHITEHALL FDS	10,342	$796K	0.18%	-381		Timeline
SCHMSCHWAB STRATEGIC TR	12,441	$531K	0.12%	-42		Timeline
VIGVANGUARD SPECIALIZED FUNDS	6,524	$513K	0.12%	+2,460		Timeline
SCHXSCHWAB STRATEGIC TR	9,864	$486K	0.11%	0		Timeline
FEZSPDR INDEX SHS FDS	12,761	$478K	0.11%	-114		Timeline
MMIMARCUS & MILLICHAP INC	9,040	$417K	0.1%	-5,000		Timeline
NTAPNETAPP INC	13,000	$410K	0.1%	-2,000		Timeline
SCHASCHWAB STRATEGIC TR	6,497	$373K	0.09%	-146		Timeline
COSTCOSTCO WHOLESALE CORPORATION	1,810	$244K	0.06%	0		Timeline
VCSHVANGUARD SCOTTSDALE FDS	2,639	$210K	0.05%	-1,205		Timeline
HDHOME DEPOT INC	1,850	$206K	0.05%	0		Timeline
POWERSHARESPOWERSHARES	10,098	$147K	0.03%	-174
TAT&T INC	3,809	$135K	0.03%	0		Timeline
CUTWATER SELECT INCOME FDCUTWATER SELECT INCOME FD	7,307	$134K	0.03%	0
XOMEXXON MOBIL CORP	1,600	$133K	0.03%	0		Timeline
POWERSHARES GLOBAL ETF TRUSTPOWERSHARES GLOBAL ETF TRUST	5,000	$125K	0.03%	0
NUVEEN CALIFORNIA SELECT TA…NUVEEN CALIFORNIA SELECT TAX-F	8,000	$118K	0.03%	0
SCHFSCHWAB STRATEGIC TR	3,832	$117K	0.03%	+3		Timeline
CVXCHEVRON CORPORATION	1,200	$116K	0.03%	0		Timeline
NCANUVEEN CALIFORNIA MUNI VLU F	11,250	$116K	0.03%	0		Timeline
SCHESCHWAB STRATEGIC TR	4,117	$101K	0.02%	-87		Timeline
GENERAL ELEC COGENERAL ELEC CO	3,759	$100K	0.02%	-28
NUVEEN CALIF MUNICPAL VALU FNUVEEN CALIF MUNICPAL VALU F	5,893	$97K	0.02%	0
MSFTMICROSOFT CORP	2,000	$88K	0.02%	0		Timeline
GSGOLDMAN SACHS GROUP INC	400	$84K	0.02%	0		Timeline
VIOLIN MEMORY IVIOLIN MEMORY I	32,500	$80K	0.02%	+1,000
PGPROCTER & GAMBLE CO	1,000	$78K	0.02%	0		Timeline
METAMETA PLATFORMS INC	900	$77K	0.02%	0		Timeline
HUMHUMANA INC	400	$77K	0.02%	0		Timeline
IVVISHARES TR	357	$74K	0.02%	0		Timeline
SPDR SERIES TRUSTSPDR SERIES TRUST	3,000	$71K	0.02%	0
MUCBLACKROCK MUNIHLDNGS CALI	4,950	$69K	0.02%	0		Timeline
PFEPFIZER INC	2,000	$67K	0.02%	0		Timeline
ISHARESISHARES	5,039	$65K	0.02%	0
AGGISHARES TR	587	$64K	0.01%	0		Timeline
SRESEMPRA	650	$64K	0.01%	0		Timeline
ISHARESISHARES	3,453	$63K	0.01%	0
FFORD MTR CO	4,000	$60K	0.01%	-1,000		Timeline
MLRMILLER INDS INC TENN	3,000	$60K	0.01%	0		Timeline
MPAAMOTORCAR PTS AMER INC	2,000	$60K	0.01%	-1,800		Timeline
VZVERIZON COMMUNICATIONS INC	1,200	$56K	0.01%	0		Timeline
PSKSPDR SERIES TRUST	1,281	$56K	0.01%	0		Timeline
MFS CALIF MUN FDMFS CALIF MUN FD	5,000	$54K	0.01%	0
CVUCPI AEROSTRUCTURES INC	5,300	$53K	0.01%	-3,800		Timeline
FS KKR CAPITAL CORPFS KKR CAPITAL CORP	4,346	$43K	0.01%	0
JNJJOHNSON & JOHNSON	400	$39K	0.01%	0		Timeline
VGKVANGUARD INTL EQUITY INDEX F	677	$37K	0.01%	-14		Timeline
HEALTHCAREHEALTHCARE	1,463	$35K	0.01%	0
SHYISHARES TR	394	$33K	0.01%	-3,468		Timeline
ORCLORACLE CORP	793	$32K	0.01%	0		Timeline
EWHISHARES INC	1,408	$32K	0.01%	0		Timeline
UNITED DEV FUNDING XXXREG…UNITED DEV FUNDING XXXREGISTRAT…	1,750	$31K	0.01%	0
EWGISHARES INC	1,051	$29K	0.01%	0		Timeline
NACNUVEEN CA DIVI ADV MUN	2,046	$29K	0.01%	0		Timeline
XNCMXNUVEEN CALIF AMT FREE MUNI I	2,023	$29K	0.01%	0		Timeline
CSCOCISCO SYS INC	1,000	$27K	0.01%	0		Timeline
GLOBAL NET LEASE INCGLOBAL NET LEASE INC	3,100	$27K	0.01%	new
EWLISHARES INC	756	$25K	0.01%	0		Timeline
AAPLAPPLE INC	175	$22K	0.01%	0		Timeline
IBMINTERNATIONAL BUSINESS MACHS	135	$22K	0.01%	0		Timeline
EWQISHARES INC	858	$22K	0.01%	0		Timeline
EWAISHARES INC	990	$21K	<0.01%	0		Timeline
KOCOCA COLA CO	500	$20K	<0.01%	0		Timeline
JPMJPMORGAN CHASE & CO	300	$20K	<0.01%	0		Timeline
VNQVANGUARD INDEX FDS	271	$20K	<0.01%	+188		Timeline
QCOMQUALCOMM INC	300	$19K	<0.01%	0		Timeline
PAYXPAYCHEX INC	400	$19K	<0.01%	0		Timeline
MARKET VECTORS ETF TRMARKET VECTORS ETF TR	976	$18K	<0.01%	0
BACBANK OF AMER CORP	1,000	$17K	<0.01%	0		Timeline
EEMISHARES TR	424	$17K	<0.01%	0		Timeline
ICFISHARES TR	188	$17K	<0.01%	0		Timeline
MRKMERCK & CO INC	285	$16K	<0.01%	0		Timeline
XHRXENIA HOTELS & RESORTS INC	698	$15K	<0.01%	new		Timeline
EWZISHARES INC	472	$15K	<0.01%	0		Timeline
WTMFWISDOMTREE TR	344	$15K	<0.01%	new		Timeline
EWWISHARES INC	249	$14K	<0.01%	0		Timeline
CEVEATON VANCE CALIF MUN INCOM	1,107	$14K	<0.01%	0		Timeline
VCVINVESCO CALIF VALUE MUN INCO	1,083	$13K	<0.01%	0		Timeline
NUVEEN CA DIV ADV MUNI FD 3NUVEEN CA DIV ADV MUNI FD 3	1,000	$13K	<0.01%	0
EWYISHARES INC	222	$12K	<0.01%	0		Timeline
EATON VANCE CALIF MUN BD FDEATON VANCE CALIF MUN BD FD	1,000	$12K	<0.01%	0
CCITIGROUP INC	200	$11K	<0.01%	0		Timeline
IVWISHARES TR	100	$11K	<0.01%	0		Timeline
iShares Msci SingaporeiShares Msci Singapore	912	$11K	<0.01%	0
DEDEERE & CO	100	$10K	<0.01%	-100		Timeline
DISDISNEY WALT CO	75	$9K	<0.01%	0		Timeline
NEMNEWMONT CORP	400	$9K	<0.01%	0		Timeline
POWERSHARESPOWERSHARES	510	$9K	<0.01%	0
BARRICK GOLD CORPBARRICK GOLD CORP	700	$7K	<0.01%	0
INTCINTEL CORP	200	$6K	<0.01%	0		Timeline
SCHBSCHWAB STRATEGIC TR	126	$6K	<0.01%	0		Timeline
CCLCARNIVAL CORP	100	$5K	<0.01%	0		Timeline
Lineage, Inc.Lineage, Inc.	600	$5K	<0.01%	0
AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC	500	$4K	<0.01%	0
DVYISHARES TR	26	$2K	<0.01%	0		Timeline
VTVANGUARD INTL EQUITY INDEX F	39	$2K	<0.01%	0		Timeline
TIME WARNER CABLE INCTIME WARNER CABLE INC	12	$2K	<0.01%	0
LQDISHARES TR	11	$1K	<0.01%	0		Timeline
SBUXSTARBUCKS CORP	22	$1K	<0.01%	+11		Timeline
TSLATESLA INC	4	$1K	<0.01%	0		Timeline
SCHZSCHWAB STRATEGIC TR	12	$1K	<0.01%	0		Timeline
FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP	288	$1K	<0.01%	0
EXETER RES CORPEXETER RES CORP	3,000	$1K	<0.01%	0
SOLARCITY CORPSOLARCITY CORP	13	$1K	<0.01%	0
SCHDSCHWAB STRATEGIC TR	5	$0	0%	0	Value filed as zero, left out of ratios.	Timeline
GMGENERAL MTRS CO	9	$0	0%	0	Value filed as zero, left out of ratios.	Timeline
ANFABERCROMBIE & FITCH CO	6	$0	0%	0	Value filed as zero, left out of ratios.	Timeline
RWOSPDR INDEX SHS FDS	3	$0	0%	0	Value filed as zero, left out of ratios.	Timeline
GENERAL MTRS COGENERAL MTRS CO	8	$0	0%	0	Value filed as zero, left out of ratios.
GENERAL MTRS COGENERAL MTRS CO	8	$0	0%	0	Value filed as zero, left out of ratios.
JDS UNIPHASE CORPJDS UNIPHASE CORP	1	$0	0%	0	Value filed as zero, left out of ratios.
POWERSHARES GLOBAL EXCHANGE…POWERSHARES GLOBAL EXCHANGE TRADE…	1	$0	0%	0	Value filed as zero, left out of ratios.

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

Security	Type	Amount	Value	Change
GLOBAL X FTSE GREECE 20 ETFGLOBAL X FTSE GREECE 20 ETF COMMON	call	5,000	$6K	new
SPYSTATE STR SPDR S&P 500 ETF T SHS	put	1,000	$2K	new

Sold out in Q2 2015

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
SPDR Series TrustSPDR Series Trust	11,179	$511K	shares
ACADACADIA PHARMACEUTICALS INC	1,200	$39K	shares
XEVVXEATON VANCE LIMITED DURATION	648	$9K	shares
ALPS ETF TRALPS ETF TR	500	$8K	shares
AOL INCAOL INC	4	$0	shares

How Q2 2015 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001085146-15-001447	base		2015-07-13	acceptance time not in the bulk data set	2026-10-07 19:15:25 UTC