BELL INVESTMENT ADVISORS, INC

PrivateCIK: 1890149

Location

ORINDA, CA

1820

Positions

$680.83M

Total AUM (reported)

12.83M

Total Shares

Allocation by class

FUNDAMENTAL US L$68.50M10.1%

ACCES TREASURY$64.22M9.4%

COM$56.23M8.3%

MTG-BKD SECS ETF$50.06M7.4%

IBOXX 3R TARGT$49.16M7.2%

FUNDAMENTAL INTL$42.87M6.3%

20 YR TR BD ETF$40.55M6.0%

Portfolio Concentration

Top 3$182.78M26.8%

4–10$212.78M31.3%

11–25$144.08M21.2%

Rest$141.19M20.7%

Top 3 weight

26.8%

Top 10 weight

58.1%

Voting Authority Distribution

Total shares with voting rights: 12.83M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.83M

% of voting shares100.0%

Investment Discretion (by position count)

Sole1820

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings1820

Rows:

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US L

Shares2.20M

TypeSH

Market value$68.50M

10.06%

Sole

0.00

Shared

0.00

None

2.20M

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares641.13K

TypeSH

Market value$64.22M

9.43%

Sole

0.00

Shared

0.00

None

641.13K

VANGUARD SCOTTSDALE FDS

SOLE

MTG-BKD SECS ETF

Shares1.07M

TypeSH

Market value$50.06M

7.35%

Sole

0.00

Shared

0.00

None

1.07M

FLEXSHARES TR

SOLE

IBOXX 3R TARGT

Shares2.06M

TypeSH

Market value$49.16M

7.22%

Sole

0.00

Shared

0.00

None

2.06M

ISHARES TR

SOLE

20 YR TR BD ETF

Shares469.20K

TypeSH

Market value$40.55M

5.96%

Sole

0.00

Shared

0.00

None

469.20K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares656.32K

TypeSH

Market value$34.63M

5.09%

Sole

0.00

Shared

0.00

None

656.32K

ISHARES TR

SOLE

MSCI USA MMENTM

Shares77.81K

TypeSH

Market value$26.67M

3.92%

Sole

0.00

Shared

0.00

None

77.81K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares866.85K

TypeSH

Market value$25.51M

3.75%

Sole

0.00

Shared

0.00

None

866.85K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares89.06K

TypeSH

Market value$19.41M

2.85%

Sole

0.00

Shared

0.00

None

89.06K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US S

Shares442.64K

TypeSH

Market value$16.85M

2.47%

Sole

0.00

Shared

0.00

None

442.64K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares72.58K

TypeSH

Market value$15.93M

2.34%

Sole

0.00

Shared

0.00

None

72.58K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares559.14K

TypeSH

Market value$15.49M

2.27%

Sole

0.00

Shared

0.00

None

559.14K

INVESCO EXCH TRADED FD TR II

SOLE

S&P500 LOW VOL

Shares167.70K

TypeSH

Market value$12.56M

1.84%

Sole

0.00

Shared

0.00

None

167.70K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares364.87K

TypeSH

Market value$11.57M

1.70%

Sole

0.00

Shared

0.00

None

364.87K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares132.37K

TypeSH

Market value$10.97M

1.61%

Sole

0.00

Shared

0.00

None

132.37K

APPLE INC

SOLE

COM

Shares36.42K

TypeSH

Market value$10.54M

1.55%

Sole

0.00

Shared

0.00

None

36.42K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares190.14K

TypeSH

Market value$9.42M

1.38%

Sole

0.00

Shared

0.00

None

190.14K

SCHWAB STRATEGIC TR

SOLE

FUND EM EQUI ETF

Shares220.72K

TypeSH

Market value$8.76M

1.29%

Sole

0.00

Shared

0.00

None

220.72K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares58.52K

TypeSH

Market value$8.68M

1.27%

Sole

0.00

Shared

0.00

None

58.52K

SCHWAB STRATEGIC TR

SOLE

US SML CAP ETF

Shares230.33K

TypeSH

Market value$8.32M

1.22%

Sole

0.00

Shared

0.00

None

230.33K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares169.83K

TypeSH

Market value$8.25M

1.21%

Sole

0.00

Shared

0.00

None

169.83K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US

Shares78.78K

TypeSH

Market value$7.19M

1.06%

Sole

0.00

Shared

0.00

None

78.78K

INVESCO EXCH TRADED FD TR II

SOLE

S&P INTL LOW

Shares184.74K

TypeSH

Market value$6.37M

0.94%

Sole

0.00

Shared

0.00

None

184.74K

ISHARES TR

SOLE

CORE 60 BALA ETF

Shares76.12K

TypeSH

Market value$5.29M

0.78%

Sole

0.00

Shared

0.00

None

76.12K

SCHWAB STRATEGIC TR

SOLE

INTL SCEQT ETF

Shares98.68K

TypeSH

Market value$4.75M

0.70%

Sole

0.00

Shared

0.00

None

98.68K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US L	2.20M	SH	$68.50M 10.06%	2.20M
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	641.13K	SH	$64.22M 9.43%	641.13K
VANGUARD SCOTTSDALE FDSSOLE	MTG-BKD SECS ETF	1.07M	SH	$50.06M 7.35%	1.07M
FLEXSHARES TRSOLE	IBOXX 3R TARGT	2.06M	SH	$49.16M 7.22%	2.06M
ISHARES TRSOLE	20 YR TR BD ETF	469.20K	SH	$40.55M 5.96%	469.20K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	656.32K	SH	$34.63M 5.09%	656.32K
ISHARES TRSOLE	MSCI USA MMENTM	77.81K	SH	$26.67M 3.92%	77.81K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	866.85K	SH	$25.51M 3.75%	866.85K
VANGUARD INDEX FDSSOLE	VALUE ETF	89.06K	SH	$19.41M 2.85%	89.06K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US S	442.64K	SH	$16.85M 2.47%	442.64K
ISHARES TRSOLE	MSCI USA QLT FCT	72.58K	SH	$15.93M 2.34%	72.58K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	559.14K	SH	$15.49M 2.27%	559.14K
INVESCO EXCH TRADED FD TR IISOLE	S&P500 LOW VOL	167.70K	SH	$12.56M 1.84%	167.70K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	364.87K	SH	$11.57M 1.70%	364.87K
ISHARES INCSOLE	CORE MSCI EMKT	132.37K	SH	$10.97M 1.61%	132.37K
APPLE INCSOLE	COM	36.42K	SH	$10.54M 1.55%	36.42K
ISHARES TRSOLE	MSCI INTL QUALTY	190.14K	SH	$9.42M 1.38%	190.14K
SCHWAB STRATEGIC TRSOLE	FUND EM EQUI ETF	220.72K	SH	$8.76M 1.29%	220.72K
ISHARES TRSOLE	CORE S&P SCP ETF	58.52K	SH	$8.68M 1.27%	58.52K
SCHWAB STRATEGIC TRSOLE	US SML CAP ETF	230.33K	SH	$8.32M 1.22%	230.33K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	169.83K	SH	$8.25M 1.21%	169.83K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US	78.78K	SH	$7.19M 1.06%	78.78K
INVESCO EXCH TRADED FD TR IISOLE	S&P INTL LOW	184.74K	SH	$6.37M 0.94%	184.74K
ISHARES TRSOLE	CORE 60 BALA ETF	76.12K	SH	$5.29M 0.78%	76.12K
SCHWAB STRATEGIC TRSOLE	INTL SCEQT ETF	98.68K	SH	$4.75M 0.70%	98.68K

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