Miles Capital 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABBVIE INC	Common Stocks	00287Y109	1,198	19,132	SH		SOLE	0	17,416	0	1,716
AFLAC INC	Common Stocks	001055102	1,117	16,052	SH		SOLE	0	15,563	0	489
AKAMAI TECHNOLOGIES INC	Common Stocks	00971T101	215	3,219	SH		SOLE	0	3,007	0	212
ALPHABET INC-CL A	Common Stocks	02079K305	972	1,226	SH		SOLE	0	1,068	0	158
AMAZON.COM INC	Common Stocks	023135106	886	1,181	SH		SOLE	0	970	0	211
AMERICAN AXLE & MFG HOLDINGS	Common Stocks	024061103	227	11,779	SH		SOLE	0	10,965	0	814
APPLE INC	Common Stocks	037833100	2,251	19,439	SH		SOLE	0	17,161	0	2,278
ARES CAPITAL CORP	Common Stocks	04010L103	1,082	65,629	SH		SOLE	0	64,132	0	1,497
AT&T INC	Common Stocks	00206R102	1,508	35,465	SH		SOLE	0	32,338	0	3,127
BANCO SANTANDER SA-SPON ADR	Common Stocks	05964H105	235	45,363	SH		SOLE	0	45,363	0	0
BANK OF AMERICA CORP	Common Stocks	060505104	264	11,943	SH		SOLE	0	7,501	0	4,442
BANK OF MONTREAL	Common Stocks	063671101	230	3,200	SH		SOLE	0	3,200	0	0
BANK OF NOVA SCOTIA	Common Stocks	064149107	259	4,654	SH		SOLE	0	4,654	0	0
BARNES GROUP INC	Common Stocks	067806109	205	4,315	SH		SOLE	0	4,010	0	305
BERKSHIRE HATHAWAY INC-CL B	Common Stocks	084670702	1,829	11,222	SH		SOLE	0	10,077	0	1,145
BLACKBAUD INC	Common Stocks	09227Q100	262	4,100	SH		SOLE	0	3,824	0	276
BLACKROCK INC	Common Stocks	09247X101	311	818	SH		SOLE	0	766	0	52
BOB EVANS FARMS	Common Stocks	096761101	330	6,202	SH		SOLE	0	5,772	0	430
BOEING CO/THE	Common Stocks	097023105	237	1,525	SH		SOLE	0	1,235	0	290
BOSTON PROPERTIES INC	Common Stocks	101121101	327	2,598	SH		SOLE	0	2,344	0	254
BP PLC ADS	Common Stocks	055622104	219	5,858	SH		SOLE	0	5,858	0	0
BRITISH AMERICAN TOBACCO ADR	Common Stocks	110448107	276	2,451	SH		SOLE	0	2,451	0	0
CA INC	Common Stocks	12673P105	923	29,057	SH		SOLE	0	28,355	0	702
CACI INTERNATIONAL INC -CL A	Common Stocks	127190304	210	1,691	SH		SOLE	0	1,574	0	117
CANADIAN NATL RAILWAY CO	Common Stocks	136375102	237	3,519	SH		SOLE	0	3,519	0	0
CAPITAL ONE FINANCIAL CORP	Common Stocks	14040H105	1,586	18,180	SH		SOLE	0	17,299	0	881
CBL & ASSOCIATES PROPERTIES	Common Stocks	124830100	1,029	89,495	SH		SOLE	0	87,300	0	2,195
CENTRAL GARDEN AND PET CO-A	Common Stocks	153527205	204	6,594	SH		SOLE	0	6,141	0	453
CERNER CORP	Common Stocks	156782104	1,042	21,997	SH		SOLE	0	21,274	0	723
CHEVRON CORP	Common Stocks	166764100	1,622	13,782	SH		SOLE	0	12,655	0	1,127
CHINA MOBILE LTD ADS	Common Stocks	16941M109	232	4,432	SH		SOLE	0	4,432	0	0
CHIPOTLE MEXICAN GRILL INC	Common Stocks	169656105	214	567	SH		SOLE	0	528	0	39
CINTAS CORP	Common Stocks	172908105	200	1,732	SH		SOLE	0	1,615	0	117
CIRRUS LOGIC INC	Common Stocks	172755100	214	3,786	SH		SOLE	0	3,524	0	262
CISCO SYSTEMS INC	Common Stocks	17275R102	246	8,155	SH		SOLE	0	5,580	0	2,575
CITIGROUP INC	Common Stocks	172967424	205	3,454	SH		SOLE	0	2,134	0	1,320
CITY HOLDING CO	Common Stocks	177835105	220	3,252	SH		SOLE	0	3,024	0	228
COCA-COLA CO/THE	Common Stocks	191216100	379	9,143	SH		SOLE	0	6,894	0	2,249
COHERENT INC	Common Stocks	192479103	219	1,594	SH		SOLE	0	1,484	0	110
COMCAST CORP-CLASS A	Common Stocks	20030N101	361	5,231	SH		SOLE	0	3,953	0	1,278
CONSTELLATION BRANDS INC-A	Common Stocks	21036P108	234	1,529	SH		SOLE	0	1,435	0	94
CORESITE REALTY CORP	Common Stocks	21870Q105	219	2,759	SH		SOLE	0	2,577	0	182
COSTCO WHOLESALE CORP	Common Stocks	22160K105	235	1,467	SH		SOLE	0	1,372	0	95
DARLING INGREDIENTS INC	Common Stocks	237266101	130	10,084	SH		SOLE	0	9,387	0	697
DEERE & CO	Common Stocks	244199105	254	2,463	SH		SOLE	0	1,676	0	787
DELTA AIR LINES INC	Common Stocks	247361702	217	4,421	SH		SOLE	0	2,737	0	1,684
DREW INDUSTRIES INC	Common Stocks	26168L205	203	1,881	SH		SOLE	0	1,750	0	131
DU PONT (E.I.) DE NEMOURS	Common Stocks	263534109	315	4,293	SH		SOLE	0	2,665	0	1,628
EMERSON ELECTRIC CO	Common Stocks	291011104	1,013	18,169	SH		SOLE	0	17,725	0	444
EQUINIX INC	Common Stocks	29444U700	304	850	SH		SOLE	0	689	0	161
EXPONENT INC	Common Stocks	30214U102	227	3,757	SH		SOLE	0	3,494	0	263
EXXON MOBIL CORP	Common Stocks	30231G102	2,435	26,973	SH		SOLE	0	24,313	0	2,660
FACEBOOK INC-A	Common Stocks	30303M102	750	6,515	SH		SOLE	0	5,480	0	1,035
FEDEX CORP	Common Stocks	31428X106	1,388	7,456	SH		SOLE	0	7,217	0	239
FIDELITY NATIONAL INFO SERV	Common Stocks	31620M106	204	2,700	SH		SOLE	0	1,681	0	1,019
FIRST FINANCIAL BANCORP	Common Stocks	320209109	288	10,108	SH		SOLE	0	9,408	0	700
FIRST FINL BANKSHARES INC	Common Stocks	32020R109	210	4,650	SH		SOLE	0	4,323	0	327
FRANKLIN STREET PROPERTIES C	Common Stocks	35471R106	229	17,704	SH		SOLE	0	16,480	0	1,224
GANNETT CO INC	Common Stocks	36473H104	171	17,654	SH		SOLE	0	16,429	0	1,225
GAP INC/THE	Common Stocks	364760108	1,088	48,477	SH		SOLE	0	47,333	0	1,144
GENERAL ELECTRIC CO	Common Stocks	369604103	1,738	55,006	SH		SOLE	0	48,273	0	6,733
GEO GROUP INC/THE	Common Stocks	36162J106	1,567	43,618	SH		SOLE	0	42,473	0	1,145
GILEAD SCIENCES INC	Common Stocks	375558103	1,150	16,065	SH		SOLE	0	14,974	0	1,091
GLAXO SMITHKLINE ADS	Common Stocks	37733W105	240	6,221	SH		SOLE	0	6,221	0	0
GOLDMAN SACHS GROUP INC	Common Stocks	38141G104	350	1,462	SH		SOLE	0	1,165	0	297
H.B. FULLER CO.	Common Stocks	359694106	220	4,564	SH		SOLE	0	4,248	0	316
HAWAIIAN HOLDINGS INC	Common Stocks	419879101	228	4,007	SH		SOLE	0	3,730	0	277
HEADWATERS INC	Common Stocks	42210P102	244	10,394	SH		SOLE	0	9,665	0	729
HEALTHCARE SERVICES GROUP	Common Stocks	421906108	269	6,861	SH		SOLE	0	6,381	0	480
HELMERICH & PAYNE	Common Stocks	423452101	1,117	14,433	SH		SOLE	0	14,104	0	329
HOME BANCSHARES INC	Common Stocks	436893200	243	8,740	SH		SOLE	0	8,133	0	607
HOME DEPOT INC	Common Stocks	437076102	242	1,805	SH		SOLE	0	1,185	0	620
HONDA MOTOR CO LTD-SPONS ADR	Common Stocks	438128308	255	8,732	SH		SOLE	0	8,732	0	0
HONEYWELL INTERNATIONAL INC	Common Stocks	438516106	229	1,979	SH		SOLE	0	1,506	0	473
HP INC	Common Stocks	40434L105	187	12,568	SH		SOLE	0	8,220	0	4,348
HSBC HOLDINGS PLC-SPONS ADR	Common Stocks	404280406	328	8,154	SH		SOLE	0	8,154	0	0
HUB GROUP INC-CL A	Common Stocks	443320106	223	5,092	SH		SOLE	0	4,738	0	354
HUNTSMAN CORP	Common Stocks	447011107	1,380	72,333	SH		SOLE	0	70,065	0	2,268
II-VI INC	Common Stocks	902104108	272	9,179	SH		SOLE	0	8,544	0	635
INTEGER HOLDINGS CORP	Common Stocks	45826H109	211	7,158	SH		SOLE	0	6,662	0	496
INTEL CORP	Common Stocks	458140100	245	6,748	SH		SOLE	0	4,884	0	1,864
INTERCONTINENTAL EXCHANGE IN	Common Stocks	45866F104	1,428	25,305	SH		SOLE	0	23,853	0	1,452
INTUITIVE SURGICAL INC	Common Stocks	46120E602	355	559	SH		SOLE	0	454	0	105
ISHARES CORE S&P 500 ETF	ETF	464287200	1,024	4,550	SH		SOLE	0	4,550	0	0
ISHARES IBOXX USD HIGH YIELD	ETF	464288513	24,764	286,128	SH		SOLE	0	285,924	0	204
ISHARES MSCI EAFE ETF	ETF	464287465	3,349	58,007	SH		SOLE	0	58,007	0	0
ISHARES RUSSELL 2000 ETF	ETF	464287655	208	1,546	SH		SOLE	0	1,531	0	15
ITAU UNIBANCO HOLDING PREF ADR	Common Stocks	465562106	115	11,165	SH		SOLE	0	11,165	0	0
JM SMUCKER CO/THE	Common Stocks	832696405	1,295	10,111	SH		SOLE	0	9,806	0	305
JOHNSON & JOHNSON	Common Stocks	478160104	1,497	12,997	SH		SOLE	0	11,231	0	1,766
JPMORGAN CHASE & CO	Common Stocks	46625H100	807	9,354	SH		SOLE	0	7,171	0	2,183
KIMBERLY-CLARK CORP	Common Stocks	494368103	839	7,349	SH		SOLE	0	7,172	0	177
KIMCO REALTY CORP	Common Stocks	49446R109	852	33,853	SH		SOLE	0	33,063	0	790
KINDER MORGAN INC	Common Stocks	49456B101	1,345	64,931	SH		SOLE	0	62,972	0	1,959
L BRANDS INC	Common Stocks	501797104	1,787	27,134	SH		SOLE	0	26,186	0	948
LA-Z-BOY INC	Common Stocks	505336107	243	7,814	SH		SOLE	0	7,274	0	540
LEXINGTON REALTY TRUST	Common Stocks	529043101	177	16,367	SH		SOLE	0	15,233	0	1,134
LINCOLN NATIONAL CORP	Common Stocks	534187109	363	5,479	SH		SOLE	0	3,591	0	1,888
LITTELFUSE INC	Common Stocks	537008104	225	1,484	SH		SOLE	0	1,380	0	104
LLOYDS BANKING GROUP PLC-ADR	Common Stocks	539439109	75	24,268	SH		SOLE	0	24,268	0	0
M & T BANK CORP	Common Stocks	55261F104	1,414	9,037	SH		SOLE	0	8,758	0	279
MAXIM INTEGRATED PRODUCTS	Common Stocks	57772K101	975	25,271	SH		SOLE	0	24,656	0	615
MCDONALD'S CORP	Common Stocks	580135101	217	1,782	SH		SOLE	0	1,307	0	475
MERCK & CO. INC.	Common Stocks	58933Y105	282	4,785	SH		SOLE	0	3,258	0	1,527
METHODE ELECTRONICS INC	Common Stocks	591520200	264	6,374	SH		SOLE	0	5,934	0	440
MICROSOFT CORP	Common Stocks	594918104	1,671	26,888	SH		SOLE	0	23,374	0	3,514
MITSUBISHI UFJ FINANCIAL GRP	Common Stocks	606822104	268	43,580	SH		SOLE	0	43,580	0	0
MKS INSTRUMENTS INC	Common Stocks	55306N104	210	3,530	SH		SOLE	0	3,282	0	248
MOBILE MINI INC	Common Stocks	60740F105	215	7,102	SH		SOLE	0	6,608	0	494
MONOLITHIC POWER SYSTEMS INC	Common Stocks	609839105	218	2,659	SH		SOLE	0	2,492	0	167
N B T BANCORP INC	Common Stocks	628778102	290	6,934	SH		SOLE	0	6,451	0	483
NATIONAL INSTRUMENTS CORP	Common Stocks	636518102	1,040	33,742	SH		SOLE	0	32,914	0	828
NAVIGATORS GROUP INC	Common Stocks	638904102	205	1,737	SH		SOLE	0	1,616	0	121
NETFLIX INC	Common Stocks	64110L106	353	2,850	SH		SOLE	0	2,663	0	187
NEW YORK COMMUNITY BANCORP	Common Stocks	649445103	991	62,302	SH		SOLE	0	60,783	0	1,519
NEWPARK RESOURCES INC	Common Stocks	651718504	199	26,469	SH		SOLE	0	24,640	0	1,829
NEXTERA ENERGY INC	Common Stocks	65339F101	1,396	11,682	SH		SOLE	0	10,451	0	1,231
NOKIA CORP-SPON ADR	Common Stocks	654902204	86	17,825	SH		SOLE	0	17,825	0	0
NOVARTIS AG-ADR	Common Stocks	66987V109	385	5,290	SH		SOLE	0	5,290	0	0
NUVASIVE INC	Common Stocks	670704105	209	3,110	SH		SOLE	0	2,895	0	215
NVIDIA CORP	Common Stocks	67066G104	414	3,878	SH		SOLE	0	3,613	0	265
OCEANEERING INTL INC	Common Stocks	675232102	1,007	35,690	SH		SOLE	0	34,852	0	838
ORACLE CORP	Common Stocks	68389X105	477	12,412	SH		SOLE	0	10,189	0	2,223
O'REILLY AUTOMOTIVE INC	Common Stocks	67103H107	295	1,061	SH		SOLE	0	787	0	274
OSI SYSTEMS INC	Common Stocks	671044105	229	3,013	SH		SOLE	0	2,802	0	211
PACCAR INC	Common Stocks	693718108	1,290	20,183	SH		SOLE	0	19,571	0	612
PBF ENERGY INC-CLASS A	Common Stocks	69318G106	1,170	41,955	SH		SOLE	0	39,895	0	2,060
PDC ENERGY INC	Common Stocks	69327R101	281	3,877	SH		SOLE	0	3,608	0	269
PEPSICO INC	Common Stocks	713448108	1,195	11,420	SH		SOLE	0	10,451	0	969
PETROLEO BRASILEIRO-SPON ADR	Common Stocks	71654V408	232	22,948	SH		SOLE	0	22,948	0	0
PFIZER INC	Common Stocks	717081103	1,368	42,132	SH		SOLE	0	37,768	0	4,364
PHILIP MORRIS INTERNATIONAL	Common Stocks	718172109	235	2,564	SH		SOLE	0	1,705	0	859
PROASSURANCE CORP	Common Stocks	74267C106	206	3,671	SH		SOLE	0	3,418	0	253
PROCTER & GAMBLE CO/THE	Common Stocks	742718109	611	7,269	SH		SOLE	0	5,500	0	1,769
PUBLIC STORAGE	Common Stocks	74460D109	1,043	4,668	SH		SOLE	0	4,572	0	96
QUAKER CHEMICAL CORP	Common Stocks	747316107	232	1,811	SH		SOLE	0	1,684	0	127
QUALCOMM INC	Common Stocks	747525103	1,252	19,203	SH		SOLE	0	18,195	0	1,008
REGENERON PHARMACEUTICALS	Common Stocks	75886F107	261	711	SH		SOLE	0	666	0	45
RIO TINTO PLC-SPON ADR	Common Stocks	767204100	338	8,800	SH		SOLE	0	8,800	0	0
RLJ LODGING TRUST	Common Stocks	74965L101	1,054	43,021	SH		SOLE	0	41,984	0	1,037
ROYAL BANK OF CANADA	Common Stocks	780087102	355	5,236	SH		SOLE	0	5,236	0	0
ROYAL DUTCH SHELL-SPON ADR-A	Common Stocks	780259206	343	6,302	SH		SOLE	0	6,302	0	0
SALESFORCE.COM INC	Common Stocks	79466L302	243	3,551	SH		SOLE	0	3,322	0	229
SAP SE-SPONSORED ADR	Common Stocks	803054204	220	2,541	SH		SOLE	0	2,541	0	0
SCHLUMBERGER LTD	Common Stocks	806857108	254	3,029	SH		SOLE	0	2,033	0	996
SCHULMAN (A.) INC	Common Stocks	808194104	237	7,072	SH		SOLE	0	6,558	0	514
SCIENTIFIC GAMES CORP-A	Common Stocks	80874P109	198	14,150	SH		SOLE	0	13,155	0	995
SEMPRA ENERGY	Common Stocks	816851109	202	2,007	SH		SOLE	0	1,299	0	708
SERVISFIRST BANCSHARES INC	Common Stocks	81768T108	270	7,202	SH		SOLE	0	6,706	0	496
SIMON PROPERTY GROUP INC	Common Stocks	828806109	408	2,299	SH		SOLE	0	2,083	0	216
SPDR BBG BARC HIGH YIELD BND	ETF	78464A417	27,460	753,371	SH		SOLE	0	735,768	0	17,603
SPDR BBG BARC INTL TREASURY	ETF	78464A516	317	12,202	SH		SOLE	0	12,202	0	0
STARBUCKS CORP	Common Stocks	855244109	418	7,532	SH		SOLE	0	6,514	0	1,018
STATE STREET CORP	Common Stocks	857477103	238	3,060	SH		SOLE	0	2,008	0	1,052
SUMITOMO MITSUI FINCL GRP	Common Stocks	86562M209	96	12,533	SH		SOLE	0	12,533	0	0
TAIWAN SEMICONDUCTOR	Common Stocks	874039100	238	8,293	SH		SOLE	0	8,293	0	0
TAKE-TWO INTERACTIVE SOFTWRE	Common Stocks	874054109	352	7,137	SH		SOLE	0	6,643	0	494
TARGA RESOURCES CORP	Common Stocks	87612G101	1,343	23,954	SH		SOLE	0	23,382	0	572
TARGET CORP	Common Stocks	87612E106	1,008	13,954	SH		SOLE	0	13,635	0	319
TEXAS CAPITAL BANCSHARES INC	Common Stocks	88224Q107	245	3,128	SH		SOLE	0	2,906	0	222
TORONTO-DOMINION BANK	Common Stocks	891160509	363	7,360	SH		SOLE	0	7,360	0	0
TOTAL SA ADR	Common Stocks	89151E109	360	7,067	SH		SOLE	0	7,067	0	0
TOYOTA MOTOR CORPORATION	Common Stocks	892331307	372	3,176	SH		SOLE	0	3,176	0	0
UMB FINANCIAL CORP	Common Stocks	902788108	227	2,943	SH		SOLE	0	2,739	0	204
UNDER ARMOUR INC-CLASS A	Common Stocks	904311107	212	7,293	SH		SOLE	0	6,816	0	477
UNILEVER PLC ADR	Common Stocks	904767704	273	6,712	SH		SOLE	0	6,712	0	0
UNITED BANKSHARES INC	Common Stocks	909907107	219	4,731	SH		SOLE	0	4,403	0	328
UNITED THERAPEUTICS CORP	Common Stocks	91307C102	406	2,832	SH		SOLE	0	2,643	0	189
UNITEDHEALTH GROUP INC	Common Stocks	91324P102	579	3,616	SH		SOLE	0	2,958	0	658
URBAN OUTFITTERS INC	Common Stocks	917047102	239	8,400	SH		SOLE	0	7,813	0	587
VALERO ENERGY CORP	Common Stocks	91913Y100	356	5,207	SH		SOLE	0	3,552	0	1,655
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	822	22,502	SH		SOLE	0	22,467	0	35
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	202	5,522	SH		SOLE	0	5,522	0	0
VANGUARD FTSE EMERGING MARKE	ETF	922042858	88	2,468	SH		SOLE	0	2,468	0	0
VANGUARD FTSE EMERGING MARKE	ETF	922042858	302	8,436	SH		SOLE	0	4,272	0	4,164
VANGUARD REIT ETF	ETF	922908553	1,142	13,835	SH		SOLE	0	9,064	0	4,771
VANGUARD SHORT-TERM GOV BND	ETF	92206C102	249	4,091	SH		SOLE	0	4,091	0	0
VANGUARD TOTAL BOND MARKET	ETF	921937835	9,165	113,446	SH		SOLE	0	65,009	0	48,437
VEREIT INC	Common Stocks	92339V100	91	10,711	SH		SOLE	0	10,711	0	0
VERISIGN INC	Common Stocks	92343E102	221	2,900	SH		SOLE	0	2,698	0	202
VERIZON COMMUNICATIONS INC	Common Stocks	92343V104	260	4,871	SH		SOLE	0	3,177	0	1,694
VIRTUSA CORP	Common Stocks	92827P102	223	8,865	SH		SOLE	0	8,244	0	621
VODAFONE GROUP PLC ADR	Common Stocks	92857W308	210	8,580	SH		SOLE	0	8,580	0	0
VORNADO REALTY TRUST	Common Stocks	929042109	239	2,291	SH		SOLE	0	2,220	0	71
WAGEWORKS INC	Common Stocks	930427109	224	3,090	SH		SOLE	0	2,877	0	213
WAL-MART STORES INC	Common Stocks	931142103	220	3,179	SH		SOLE	0	2,294	0	885
WELLS FARGO & CO	Common Stocks	949746101	1,405	25,356	SH		SOLE	0	23,212	0	2,144
WELLTOWER INC	Common Stocks	95040Q104	427	6,380	SH		SOLE	0	4,951	0	1,429
WHOLE FOODS MARKET INC	Common Stocks	966837106	300	9,768	SH		SOLE	0	8,668	0	1,100
WINTRUST FINANCIAL CORP	Common Stocks	97650W108	260	3,585	SH		SOLE	0	3,337	0	248