Altegris Equity Long Short Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 4.4 0.18 4.22
Stocks 208.48 128.24 80.23
Bonds 0.0 1.17 -1.17
Other 0.0 0.0 0.0
Foreign Bonds 0.0 0.27 -0.27
Foreign Stocks 23.76 6.78 16.98
Convertible 0.0 0.0 0.0
Preferred 0.0 0.0 0.0

Updated 03.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 03.31.2014

Ticker YTD Return % % Net Assets
SPDR S&P 500 --- --- 33.51
W R Grace & Co GRA -3.44 4.15
Brown-Forman Corp Class B BF.B 26.31 3.4
Costco Wholesale Corp COST -2.45 3.37
Regions Financial Corp RF 9.61 3.18
Union Pacific Corp UNP 20.25 3.04
Skyworks Solutions Inc SWKS 67.51 3.02
Caterpillar Inc CAT 21.54 2.95
Bank of America Corporation BAC 0.32 2.94
Deere & Co DE -0.15 2.93