Systematic Alpha Investments, LLC Buys Schwab U.S. Tips ETF, Vanguard Short-Term Inflation-Protected Securities, iShares MSCI ACWI Index Fund, Sells Domtar Corp, FedEx Corp, PowerShares QQQ Trust Ser 1

• New Purchases: SCHP, VTIP, ACWI, HPQ, CE,
• Added Positions: BEN, APA, F, TSLA, C, WY,
• Reduced Positions: QQQ, MCHP, IBM, SDY, CI, VWO, MU, TMUS, RZV, VUG, PYPL, ISRG, QRVO, XLF, PARA, ATVI, NWS, NWSA, EA, DIS, CHTR,
• Sold Out: UFS, FDX, DVA, VEEV, VB, ITPOF, VYM, CTRN, RCKY, KEP, IPAY, MDY, ADSK, AMCX, APPS, CZR, ILMN, LPLA, MBUU, OSTK, STAA, XPER, TXN, BSX, CCL, CFG, CMA, CMG, CVS, FE, GPN, GPS, HCA, HUM, ICE, LW, MCO, NLSN, NOAH, OKE, PGR, PLD, PM, LIN, SIG, SM, SQ, SWK, SYF, ZBH, VSCO, EDIV, EEM, EFA, HYG, IEV, IJH, IJR, IWM, IWO, IWR, LIT, PSP, RWX, VEA, VGK, VNQ, VO, ABMD, AKAM, AMGN, AMRK, ANSS, BIDU, CCMP, CDNS, CMCSA, CME, COKE, COST, CRMT, CSX, CTAS, CTSH, DISCA, DISCK, DISH, DLTR, EGHT, ENSG, ENTG, EQIX, EXPD, FISV, FIVE, GILD, HBAN, MTCH, IBTX, IDXX, INFO, IPGP, JAZZ, KHC, LCUT, LILA, LKQ, LOPE, MKSI, NDAQ, NTRS, NVAX, PBCT, BKNG, PENN, QLYS, QRTEA, SNBR, SFM, STLD, SWKS, TSC, TTEK, TTWO, UCTT, VRSK, WNEB, WYNN, ZION, PRG, ACN, ADS, AIG, ALEX, ALK, ALLE, AMC, AME, AMG, APD, APH, APO, AUOTY, AVB, AXP, AZN, BDX, BLL, BWA, BYD, CAT, CB, CBZ, CCEP, CCI, CCS, CMI, TPR, DAL, DE, DHI, DLR, DOV, DD, DRE, EMR, EOG, EQR, ESNT, ESS, ETN, ETR, EXR, FAF, FBHS, FLS, FRC, FRT, FTV, GDOT, GNRC, GWW, HASI, HIG, HII, HON, LHX, HST, HSY, IEX, IFF, IPG, TT, IRM, IT, JW.A, KIM, KMI, L, LEA, LUV, LVS, MAA, MHK, MLM, MOH, MSCI, MSI, MTB, MTZ, MUR, NSC, OC, OMC, ORI, OSK, PFG, PH, PNR, PPG, PRU, IQV, RE, REG, RHI, ROG, ROK, ROP, RS, RSG, SHW, SNA, SNV, SPG, STZ, SYY, TDY, TJX, TPX, UGI, UNM, VALE, VMC, VNO, VSH, VTR, WAB, WD, WEC, WFC, WMB, EVRG, WST, TNL, XPO, XYL, ANPDY, BBSEY, CJEWY, LUKOY, LZRFY, SWKH, FTI, ICHR, HWM, AM, MJ, WH, PDD, NIO, FOX, FOXA, BYND, UBER, AMCR, PNTG, OTGLY, ARNC, VNT, AAN, THNPY, GXO, KD,

For the details of Systematic Alpha Investments, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/systematic+alpha+investments%2C+llc/current-portfolio/portfolio

1. Vanguard S&P 500 ETF (VOO) - 1,132,544 shares, 22.97% of the total portfolio. Shares added by 0.01%
2. Vanguard Value ETF (VTV) - 894,868 shares, 6.12% of the total portfolio.
3. Apple Inc (AAPL) - 566,844 shares, 4.68% of the total portfolio.
4. Microsoft Corp (MSFT) - 245,702 shares, 3.84% of the total portfolio.
5. Eli Lilly and Co (LLY) - 279,303 shares, 3.58% of the total portfolio.

Systematic Alpha Investments, LLC initiated holding in Schwab U.S. Tips ETF. The purchase prices were between $61.5 and $63.1, with an estimated average price of $62.27. The stock is now traded at around $60.540000. The impact to a portfolio due to this purchase was 0.88%. The holding were 300,000 shares as of 2021-12-31.

Systematic Alpha Investments, LLC initiated holding in Vanguard Short-Term Inflation-Protected Securities. The purchase prices were between $50.87 and $51.64, with an estimated average price of $51.18. The stock is now traded at around $51.010000. The impact to a portfolio due to this purchase was 0.47%. The holding were 195,000 shares as of 2021-12-31.

Systematic Alpha Investments, LLC initiated holding in iShares MSCI ACWI Index Fund. The purchase prices were between $98.5 and $106.18, with an estimated average price of $103.69. The stock is now traded at around $98.550000. The impact to a portfolio due to this purchase was 0.36%. The holding were 73,000 shares as of 2021-12-31.

Systematic Alpha Investments, LLC initiated holding in HP Inc. The purchase prices were between $26.48 and $38.1, with an estimated average price of $32.89. The stock is now traded at around $36.200000. The impact to a portfolio due to this purchase was 0.09%. The holding were 53,000 shares as of 2021-12-31.

Systematic Alpha Investments, LLC initiated holding in Celanese Corp. The purchase prices were between $148.94 and $172.91, with an estimated average price of $163.02. The stock is now traded at around $144.250000. The impact to a portfolio due to this purchase was 0.08%. The holding were 10,000 shares as of 2021-12-31.

Systematic Alpha Investments, LLC added to a holding in Franklin Resources Inc by 10416.67%. The purchase prices were between $28.89 and $37.68, with an estimated average price of $32.99. The stock is now traded at around $30.370000. The impact to a portfolio due to this purchase was 0.2%. The holding were 126,200 shares as of 2021-12-31.

Systematic Alpha Investments, LLC added to a holding in APA Corp by 499.81%. The purchase prices were between $22.06 and $30.66, with an estimated average price of $26.64. The stock is now traded at around $32.160000. The impact to a portfolio due to this purchase was 0.05%. The holding were 48,003 shares as of 2021-12-31.

Systematic Alpha Investments, LLC added to a holding in Ford Motor Co by 41.33%. The purchase prices were between $14.12 and $21.45, with an estimated average price of $18.53. The stock is now traded at around $18.040000. The impact to a portfolio due to this purchase was 0.05%. The holding were 170,982 shares as of 2021-12-31.

Systematic Alpha Investments, LLC added to a holding in Citigroup Inc by 125.79%. The purchase prices were between $58.28 and $72.53, with an estimated average price of $66.33. The stock is now traded at around $64.140000. The impact to a portfolio due to this purchase was 0.01%. The holding were 4,238 shares as of 2021-12-31.

Systematic Alpha Investments, LLC sold out a holding in Domtar Corp. The sale prices were between $53.81 and $55.49, with an estimated average price of $54.78.

Systematic Alpha Investments, LLC sold out a holding in FedEx Corp. The sale prices were between $217.87 and $258.64, with an estimated average price of $240.55.

Systematic Alpha Investments, LLC sold out a holding in DaVita Inc. The sale prices were between $94.5 and $115.7, with an estimated average price of $107.32.

Systematic Alpha Investments, LLC sold out a holding in Veeva Systems Inc. The sale prices were between $249.49 and $325.25, with an estimated average price of $290.32.

Systematic Alpha Investments, LLC sold out a holding in Vanguard Small Cap ETF. The sale prices were between $214.09 and $238.21, with an estimated average price of $226.3.

Systematic Alpha Investments, LLC sold out a holding in Intertape Polymer Group Inc. The sale prices were between $18.76 and $24.37, with an estimated average price of $21.32.