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Efficient Market Advisors, LLC
> IEFA
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2017 | iSHARES TRUST | IEFA | 146,274 | -5,796 | 8,477,000 | 321,000 | $57.95 |
| 12/31/2016 | iSHARES TRUST | IEFA | 152,070 | 59,416 | 8,156,000 | 3,047,000 | $53.63 |
| 09/30/2016 | iSHARES TRUST | IEFA | 92,654 | -25,451 | 5,109,000 | -1,019,000 | $55.14 |
| 06/30/2016 | iSHARES TRUST | IEFA | 118,105 | 118,105 | 6,128,000 | 6,128,000 | $51.89 |
| 03/31/2016 | iSHARES TRUST | IEFA | 126,999 | 126,999 | 6,749,000 | 6,749,000 | $53.14 |
| 12/31/2015 | iSHARES TRUST | IEFA | 122,910 | 122,910 | 6,684,000 | 6,684,000 | $54.38 |
| 09/30/2015 | iSHARES TRUST | IEFA | 51,188 | 51,188 | 2,703,000 | 2,703,000 | $52.81 |
| 06/30/2015 | iSHARES TRUST | IEFA | 45,679 | 45,679 | 2,663,000 | 2,663,000 | $58.30 |
| 03/31/2015 | iSHARES TRUST | IEFA | 46,222 | 46,222 | 2,704,000 | 2,704,000 | $58.50 |
| 12/31/2014 | iSHARES TRUST | IEFA | 43,880 | 43,880 | 2,427,000 | 2,427,000 | $55.31 |
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