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Efficient Market Advisors, LLC

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13F filer, CIK 1429788, SAN DIEGO, CA

Efficient Market Advisors, LLC reported $670,872,000 across 50 holdings for the quarter ended 2016-12-31, in a 13F-HR filed 2017-01-19. Its ten largest share positions make up 69.7% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-17-000139

Period
2016-12-31
Reported value
$671M
Holdings
50
Top 10 weight
69.7%
New
7
Sold out
4

Largest buys vs the previous quarter

SecurityShares changeApprox. value
RINFnew+940,823$27.4M
AGGnew+223,016$24.1M
FNCLnew+542,251$18.8M
ALPS ETF TRadded+1,373,213$17.3M
HEZUadded+340,295$9.05M

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

SecurityShares changeApprox. value
FTGCreduced-1,723,720-$35.2M
EMBexited-204,369-$24M
IJHreduced-84,617-$14M
IJRreduced-95,775-$13.2M
Invesco Optm Yd Dvrs Cdty S…exited-442,334-$7.71M

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, Q4 2016

Share positions as resolved from 13F-HR 0001085146-17-000139, largest first. % of portfolio is the value over $670,872,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
VEAVANGUARD TAX-MANAGED FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 584,168 shares; 2015Q3: 749,999 shares; 2015Q4: 1,242,552 shares; 2016Q1: 1,747,765 shares; 2016Q2: 1,685,549 shares; 2016Q3: 1,789,042 shares; 2016Q4: 1,824,633 shares 1,824,633$66.7M9.94%+35,591Timeline
FLOTISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 821,293 shares; 2015Q3: 870,296 shares; 2015Q4: 848,874 shares; 2016Q1: 1,021,944 shares; 2016Q2: 1,094,307 shares; 2016Q3: 1,223,510 shares; 2016Q4: 1,279,359 shares 1,279,359$64.9M9.67%+55,849Timeline
VOOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 326,415 shares; 2015Q3: 307,992 shares; 2015Q4: 251,022 shares; 2016Q1: 322,189 shares; 2016Q2: 299,924 shares; 2016Q3: 304,715 shares; 2016Q4: 301,242 shares 301,242$61.8M9.22%-3,473Timeline
IGSBISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 270,105 shares; 2015Q3: 188,307 shares; 2015Q4: 217,536 shares; 2016Q1: 265,938 shares; 2016Q2: 507,189 shares; 2016Q3: 572,311 shares; 2016Q4: 580,923 shares 580,923$61M9.09%+8,612Timeline
IJHISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 346,205 shares; 2015Q3: 356,344 shares; 2015Q4: 317,550 shares; 2016Q1: 395,705 shares; 2016Q2: 355,418 shares; 2016Q3: 358,585 shares; 2016Q4: 273,968 shares 273,968$45.3M6.75%-84,617Timeline
DBEUDBX ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 527,706 shares; 2015Q3: 565,425 shares; 2015Q4: 1,248,015 shares; 2016Q1: 1,725,960 shares; 2016Q2: 1,681,860 shares; 2016Q3: 1,765,408 shares; 2016Q4: 1,523,528 shares 1,523,528$38.7M5.76%-241,880Timeline
ALPS ETF TRALPS ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: 4,000 shares; 2016Q1: 1,125,387 shares; 2016Q2: 1,248,226 shares; 2016Q3: 1,402,659 shares; 2016Q4: 2,775,872 shares 2,775,872$35M5.21%+1,373,213
POWERSHARES ETF TR IIPOWERSHARES ETF TR IIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 624,421 shares; 2015Q3: 642,644 shares; 2015Q4: 713,828 shares; 2016Q1: 958,603 shares; 2016Q2: 1,069,433 shares; 2016Q3: 1,211,416 shares; 2016Q4: 1,393,469 shares 1,393,469$34.3M5.11%+182,053
SJNKSPDR SERIES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 631,668 shares; 2015Q3: 647,409 shares; 2015Q4: 749,805 shares; 2016Q1: 978,552 shares; 2016Q2: 973,040 shares; 2016Q3: 1,054,623 shares; 2016Q4: 1,092,970 shares 1,092,970$30.3M4.51%+38,347Timeline
POWERSHARESPOWERSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 813,172 shares; 2015Q3: 861,595 shares; 2015Q4: 830,017 shares; 2016Q1: 1,061,021 shares; 2016Q2: 1,108,689 shares; 2016Q3: 1,225,386 shares; 2016Q4: 1,272,223 shares 1,272,223$29.7M4.43%+46,837
IJRISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 281,319 shares; 2015Q3: 282,761 shares; 2015Q4: 274,774 shares; 2016Q1: 347,476 shares; 2016Q2: 314,002 shares; 2016Q3: 308,010 shares; 2016Q4: 212,235 shares 212,235$29.2M4.35%-95,775Timeline
RINFPROSHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 940,823 shares 940,823$27.4M4.08%newTimeline
VWOVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 525,944 shares; 2015Q3: 746,341 shares; 2015Q4: 764,122 shares; 2016Q1: 1,012,612 shares; 2016Q2: 955,465 shares; 2016Q3: 740,057 shares; 2016Q4: 762,533 shares 762,533$27.3M4.07%+22,476Timeline
AGGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 587 shares; 2015Q3: 628 shares; 2015Q4: 587 shares; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 223,016 shares 223,016$24.1M3.59%newTimeline
FNCLFIDELITY COVINGTON TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 542,251 shares 542,251$18.8M2.8%newTimeline
HEZUISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 94,644 shares; 2015Q3: 89,281 shares; 2015Q4: 246,571 shares; 2016Q1: 250,290 shares; 2016Q2: 248,548 shares; 2016Q3: 211,111 shares; 2016Q4: 551,406 shares 551,406$14.7M2.19%+340,295Timeline
IEFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 45,679 shares; 2015Q3: 51,188 shares; 2015Q4: 122,910 shares; 2016Q1: 126,999 shares; 2016Q2: 118,105 shares; 2016Q3: 92,654 shares; 2016Q4: 152,070 shares 152,070$8.16M1.22%+59,416Timeline
IVVISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 357 shares; 2015Q3: 382 shares; 2015Q4: 306 shares; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 24,088 shares 24,088$5.42M0.81%newTimeline
IEMGISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 130,327 shares; 2015Q3: 105,614 shares; 2015Q4: 166,603 shares; 2016Q1: 161,734 shares; 2016Q2: 147,672 shares; 2016Q3: 98,532 shares; 2016Q4: 115,430 shares 115,430$4.9M0.73%+16,898Timeline
PFFISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 207,983 shares; 2015Q3: 196,929 shares; 2015Q4: 185,228 shares; 2016Q1: 188,618 shares; 2016Q2: 181,475 shares; 2016Q3: 172,985 shares; 2016Q4: 121,829 shares 121,829$4.53M0.68%-51,156Timeline
SRLNSSGA ACTIVE ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 66,143 shares; 2015Q3: 66,001 shares; 2015Q4: 98,403 shares; 2016Q1: 95,788 shares; 2016Q2: 88,255 shares; 2016Q3: 79,053 shares; 2016Q4: 77,975 shares 77,975$3.7M0.55%-1,078Timeline
SPYSTATE STR SPDR S&P 500 ETF TQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 22,774 shares; 2015Q3: 20,486 shares; 2015Q4: 14,888 shares; 2016Q1: 15,471 shares; 2016Q2: 14,879 shares; 2016Q3: 13,394 shares; 2016Q4: 13,075 shares 13,075$2.92M0.44%-319Timeline
VEUVANGUARD INTL EQUITY INDEX FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 26,508 shares; 2015Q3: 32,356 shares; 2015Q4: 50,803 shares; 2016Q1: 63,068 shares; 2016Q2: 58,455 shares; 2016Q3: 62,058 shares; 2016Q4: 65,119 shares 65,119$2.88M0.43%+3,061Timeline
HYSPIMCO ETF TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 18,122 shares; 2015Q3: 23,236 shares; 2015Q4: 30,411 shares; 2016Q1: 30,981 shares; 2016Q2: 27,914 shares; 2016Q3: 27,081 shares; 2016Q4: 26,592 shares 26,592$2.65M0.4%-489Timeline
VCSHVANGUARD SCOTTSDALE FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 2,639 shares; 2015Q3: 11,139 shares; 2015Q4: 5,306 shares; 2016Q1: 4,495 shares; 2016Q2: 7,890 shares; 2016Q3: 8,872 shares; 2016Q4: 33,191 shares 33,191$2.63M0.39%+24,319Timeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 3,809 shares; 2015Q3: 3,809 shares; 2015Q4: 4,522 shares; 2016Q1: not reported; 2016Q2: 21,299 shares; 2016Q3: 45,499 shares; 2016Q4: 59,664 shares 59,664$2.54M0.38%+14,165Timeline
BNDVANGUARD BD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 14,995 shares; 2015Q3: 13,215 shares; 2015Q4: 12,827 shares; 2016Q1: 17,819 shares; 2016Q2: 20,353 shares; 2016Q3: 24,548 shares; 2016Q4: 29,276 shares 29,276$2.37M0.35%+4,728Timeline
IWMISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 30,874 shares; 2015Q3: 31,707 shares; 2015Q4: 29,618 shares; 2016Q1: 28,179 shares; 2016Q2: 26,204 shares; 2016Q3: 23,116 shares; 2016Q4: 14,935 shares 14,935$2.01M0.3%-8,181Timeline
VVVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 40,763 shares; 2015Q3: 37,773 shares; 2015Q4: 26,500 shares; 2016Q1: 24,889 shares; 2016Q2: 20,738 shares; 2016Q3: 19,088 shares; 2016Q4: 19,029 shares 19,029$1.95M0.29%-59Timeline
VTIVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 14,877 shares; 2015Q3: 14,299 shares; 2015Q4: 10,690 shares; 2016Q1: 15,746 shares; 2016Q2: 13,289 shares; 2016Q3: 14,742 shares; 2016Q4: 16,404 shares 16,404$1.89M0.28%+1,662Timeline
SCHXSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 9,864 shares; 2015Q3: 9,630 shares; 2015Q4: 50,207 shares; 2016Q1: 47,714 shares; 2016Q2: 42,101 shares; 2016Q3: 30,864 shares; 2016Q4: 29,928 shares 29,928$1.59M0.24%-936Timeline
SCHMSCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 12,441 shares; 2015Q3: 11,592 shares; 2015Q4: 60,763 shares; 2016Q1: 59,702 shares; 2016Q2: 48,998 shares; 2016Q3: 37,665 shares; 2016Q4: 27,934 shares 27,934$1.26M0.19%-9,731Timeline
EFAISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 13,987 shares; 2015Q3: 16,021 shares; 2015Q4: 23,530 shares; 2016Q1: 24,063 shares; 2016Q2: 22,815 shares; 2016Q3: 20,525 shares; 2016Q4: 20,439 shares 20,439$1.18M0.18%-86Timeline
HYGISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 45,968 shares; 2015Q3: 43,137 shares; 2015Q4: 17,035 shares; 2016Q1: 16,140 shares; 2016Q2: 13,957 shares; 2016Q3: 14,069 shares; 2016Q4: 13,379 shares 13,379$1.16M0.17%-690Timeline
VOVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 20,188 shares; 2015Q3: 20,888 shares; 2015Q4: 16,053 shares; 2016Q1: 15,087 shares; 2016Q2: 12,630 shares; 2016Q3: 11,811 shares; 2016Q4: 8,528 shares 8,528$1.12M0.17%-3,283Timeline
FLTRVANECK ETF TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: 65,549 shares; 2016Q3: 40,926 shares; 2016Q4: 44,360 shares 44,360$1.11M0.17%+3,434Timeline
MCDMCDONALDS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 9,828 shares; 2015Q3: 9,281 shares; 2015Q4: 9,278 shares; 2016Q1: 9,278 shares; 2016Q2: 9,485 shares; 2016Q3: 9,325 shares; 2016Q4: 8,901 shares 8,901$1.08M0.16%-424Timeline
FCFFIRST COMWLTH FINL CORP PAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 58,981 shares 58,981$836K0.12%newTimeline
SCHASCHWAB STRATEGIC TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 6,497 shares; 2015Q3: 5,268 shares; 2015Q4: 29,215 shares; 2016Q1: 26,692 shares; 2016Q2: 22,415 shares; 2016Q3: 15,150 shares; 2016Q4: 11,787 shares 11,787$725K0.11%-3,363Timeline
VIGVANGUARD SPECIALIZED FUNDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 6,524 shares; 2015Q3: 6,566 shares; 2015Q4: 6,751 shares; 2016Q1: 6,553 shares; 2016Q2: 7,341 shares; 2016Q3: 6,554 shares; 2016Q4: 6,510 shares 6,510$555K0.08%-44Timeline
VZVERIZON COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 1,200 shares; 2015Q3: 1,512 shares; 2015Q4: 1,510 shares; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: 13,024 shares; 2016Q4: 9,449 shares 9,449$504K0.08%-3,575Timeline
VBVANGUARD INDEX FDSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 13,109 shares; 2015Q3: 11,500 shares; 2015Q4: 9,663 shares; 2016Q1: 8,636 shares; 2016Q2: 7,106 shares; 2016Q3: 5,856 shares; 2016Q4: 3,561 shares 3,561$459K0.07%-2,295Timeline
COSTCOSTCO WHOLESALE CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 1,810 shares; 2015Q3: 1,810 shares; 2015Q4: 1,810 shares; 2016Q1: 1,885 shares; 2016Q2: 1,885 shares; 2016Q3: 1,919 shares; 2016Q4: 1,919 shares 1,919$307K0.05%0Timeline
AAGILENT TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: 6,573 shares; 2016Q4: 6,573 shares 6,573$299K0.04%0Timeline
FTGCFIRST TR EXCHANGE TRAD FD VIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 295,586 shares; 2015Q3: 766,746 shares; 2015Q4: 637,024 shares; 2016Q1: 863,979 shares; 2016Q2: 1,500,698 shares; 2016Q3: 1,738,136 shares; 2016Q4: 14,416 shares 14,416$294K0.04%-1,723,720Timeline
NTAPNETAPP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 13,000 shares; 2015Q3: 11,000 shares; 2015Q4: 11,000 shares; 2016Q1: 11,000 shares; 2016Q2: not reported; 2016Q3: 7,000 shares; 2016Q4: 7,000 shares 7,000$247K0.04%0Timeline
EIXEDISON INTLQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: not reported; 2015Q4: not reported; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: 3,181 shares; 2016Q4: 3,181 shares 3,181$229K0.03%0Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 175 shares; 2015Q3: 445 shares; 2015Q4: 730 shares; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 1,911 shares 1,911$221K0.03%newTimeline
NCANUVEEN CALIFORNIA MUNI VLU FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: 11,250 shares; 2015Q3: 11,250 shares; 2015Q4: 11,250 shares; 2016Q1: 11,250 shares; 2016Q2: 11,250 shares; 2016Q3: 11,250 shares; 2016Q4: 11,250 shares 11,250$117K0.02%0Timeline
VEREIT INCVEREIT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2015Q1: restricted; 2015Q2: not reported; 2015Q3: 500 shares; 2015Q4: 500 shares; 2016Q1: not reported; 2016Q2: not reported; 2016Q3: not reported; 2016Q4: 11,370 shares 11,370$96K0.01%new

Sold out in Q4 2016

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

SecurityShares beforeValue beforeType
EMBISHARES TR204,369$24Mshares
Invesco Optm Yd Dvrs Cdty S…Invesco Optm Yd Dvrs Cdty Stra No…442,334$7.71Mshares
VWOBVANGUARD WHITEHALL FDS11,365$928Kshares
HDHOME DEPOT INC1,709$220Kshares

How Q4 2016 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001085146-17-000139 base2017-01-19acceptance time not in the bulk data set