Optimizing Management

Performance

Greentree

-Raj B. Patel

Methodology

• Recorded market caps

• Categorized stocks into different caps

• Compared stocks to ETF

• Found Alpha holdings

• Noted YTDs for Alpha-generated holdings

• Searched for sector/industry of Alpha stocks

• Compared similar industry and market caps to come up with suggestions

Oak Associates

8276

Total Holdings

Management Holdings

Holdings in Common

with ETF

Percent of Commonality to the

ETF:

48%

Large Cap Recommendations

-15.0% -10.0% -5.0% 0.0% 5.0% 10.0%

YTD of Recommendation YTD of Oak Associates' Holdings

EXPRESS SCRIPTS HLDG COM

UNIVERSAL HEALTHCARE

SERVICES

Mid Cap Recommendations

-70.00% -50.00% -30.00% -10.00% 10.00% 30.00% 50.00% 70.00%

YTD of Recommendation YTD of Oak Associates' Holdings

URBAN OUTFITTERS

QLIK TECHNOLOGIES INC

ABERCOMBIE & FITCH CO CL A

FIREEYE INC COM

Small Cap Recommendations

-120.00% -70.00% -20.00% 30.00% 80.00% 130.00%

YTD of Recommendation YTD of Oak Associates' Holdings

GUESS INC COM

BURLINGTON STORES

QUALITY SYS INC COM

USA TECHNOLOGIES INC

Advantage of Suggestions

ORIGINAL YTD

AVG

NEW YTD AVG PERCENT

CHANGE

LARGE CAP 9.3% 10.8% 16.2%

MID CAP 15.9% 19.1% 19.7%

SMALL CAP 14.5% 22.2% 52.9%

Sandhill Investment Management

21

42

Total Holdings

Management Holdings

Holdings in Common

with ETF

Percent of Commonality to the

ETF:

67%

Mid Cap Recommendations

-60.00% -40.00% -20.00% 0.00% 20.00% 40.00% 60.00% 80.00%

YTD of Recommendationw YTD of Sandhill Investment Management's Holdings

CEPHEID INC COM

TELEFLEX

PRICESMART INC

BURLINGTON STORES INC

COMCAST CORP

WALT DISNEY CO COM

Advantage of Suggestions

ORIGINAL YTD

AVG

NEW YTD AVG PERCENT

CHANGE

MID CAP 8.6% 18.3% 111.2%

Eachwin Capital

4254

Total Holdings

Management Holdings

Holdings in Common

with ETF

Percent of Commonality to the

ETF:

56%

Large Cap Recommendations

-36.00% -26.00% -16.00% -6.00% 4.00% 14.00% 24.00%

YTD of Recommendation YTD of Eachwin's Holdings

DISNEY WALT CO

COMCAST CORP CL A

PERRIGO CO PLC INCYTE CORP

Mid Cap Recommendations

-40% -30% -20% -10% 0% 10% 20% 30% 40% 50%

YTD of Recommendation YTD of Eachwin's Holdings

AKAMAI TECHNOLOGIES INC

EPAM SYS INC

ARISTA NETWORKS INC

INTERDIGITAL INC

CELANESE CORP DEL FMC CORP

Small Cap Recommendation

-100% -50% 0% 50% 100%

YTD of Recommendation YTD of Eachwin's Holding

NETSCOUT SYS INC

MEETME INC

Advantage of Suggestions

ORIGINAL YTD

AVG

NEW YTD AVG PERCENT

CHANGE

LARGE CAP 3.1% 5.2% 62.2%

MID CAP 3.2% 10.9% 240.3%

SMALL CAP 9.7% 72.5% 647.9%