Stevens First Principles Investment Advisors

Q4 2015 13F Holdings Report, Stock Holdings

Signature - Title: Steven Lee Yamshon - Chief Compliance Officer
Location: Newport Beach, CA
Holdings as of: December 31, 2015
Value $: $117M
Num holdings: 172
Date filed: 1/29/2016, 03:32 PM
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included PYPL, INTC, CHD, WY, and CSX.
Previous filing: Q3 2015 - Nov 12, 2015
Next filing: Q1 2016 - May 13, 2016
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Shares Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Filing 2015 Q4 compared to 2015 Q3 by default.

Compare Q4 2015 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Steven Lee Yamshon	Chief Compliance Officer	Newport Beach, California	1/28/2016

Other Included Managers (1):

Num	Name	Location	File Number
1	J.P. Morgan Private Wealth Advisors LLC	San Francisco, CA	028-12624