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	1,471	16,549	SH		SOLE	0	15,526	0	1,023
AEROJET ROCKETDYNE HOLDINGS	Common Stocks	007800105	401	11,443	SH		SOLE	0	10,615	0	828
AFLAC INC	Common Stocks	001055102	1,066	13,093	SH		SOLE	0	12,797	0	296
AK STEEL HOLDING CORP	Common Stocks	001547108	157	28,173	SH		SOLE	0	26,202	0	1,971
ALAMO GROUP INC	Common Stocks	011311107	260	2,422	SH		SOLE	0	2,250	0	172
ALEXANDRIA REAL ESTATE EQUIT	Common Stocks	015271109	207	1,737	SH		SOLE	0	1,550	0	187
ALLETE INC	Common Stocks	018522300	311	4,020	SH		SOLE	0	3,731	0	289
ALPHABET INC-CL A	Common Stocks	02079K305	509	523	SH		SOLE	0	385	0	138
ALPHABET INC-CL C	Common Stocks	02079K107	283	295	SH		SOLE	0	167	0	128
AMAZON.COM INC	Common Stocks	023135106	714	743	SH		SOLE	0	509	0	234
AMERICAN ASSETS TRUST INC	Common Stocks	024013104	255	6,405	SH		SOLE	0	5,947	0	458
ANHEUSER-BUSCH INBEV-SPN ADR	Common Stocks	03524A108	252	2,110	SH		SOLE	0	2,110	0	0
ANIKA THERAPEUTICS INC	Common Stocks	035255108	268	4,616	SH		SOLE	0	4,279	0	337
APPLE INC	Common Stocks	037833100	1,975	12,816	SH		SOLE	0	10,790	0	2,026
APPLIED MATERIALS INC	Common Stocks	038222105	261	5,011	SH		SOLE	0	2,930	0	2,081
ARMADA HOFFLER PROPERTIES IN	Common Stocks	04208T108	225	16,262	SH		SOLE	0	15,309	0	953
AT&T INC	Common Stocks	00206R102	1,272	32,484	SH		SOLE	0	29,153	0	3,331
AVALONBAY COMMUNITIES INC	Common Stocks	053484101	224	1,255	SH		SOLE	0	1,177	0	78
BANC OF CALIFORNIA INC	Common Stocks	05990K106	230	11,075	SH		SOLE	0	10,276	0	799
BANCO SANTANDER SA-SPON ADR	Common Stocks	05964H105	293	42,240	SH		SOLE	0	42,240	0	0
BANK OF AMERICA CORP	Common Stocks	060505104	447	17,636	SH		SOLE	0	11,499	0	6,137
BANK OF NOVA SCOTIA	Common Stocks	064149107	269	4,181	SH		SOLE	0	4,181	0	0
BANNER CORPORATION	Common Stocks	06652V208	207	3,383	SH		SOLE	0	3,137	0	246
BARNES GROUP INC	Common Stocks	067806109	302	4,281	SH		SOLE	0	3,976	0	305
BERKSHIRE HATHAWAY INC-CL B	Common Stocks	084670702	629	3,429	SH		SOLE	0	2,304	0	1,125
BLACKROCK INC	Common Stocks	09247X101	1,350	3,020	SH		SOLE	0	2,886	0	134
BLUCORA INC	Common Stocks	095229100	219	8,653	SH		SOLE	0	8,028	0	625
BOB EVANS FARMS	Common Stocks	096761101	280	3,606	SH		SOLE	0	3,347	0	259
BOISE CASCADE CO	Common Stocks	09739D100	253	7,240	SH		SOLE	0	6,712	0	528
BP PLC-SPONS ADR	Common Stocks	055622104	225	5,858	SH		SOLE	0	5,858	0	0
BRITISH AMERICAN TOB-SP ADR	Common Stocks	110448107	337	5,390	SH		SOLE	0	5,390	0	0
CA INC	Common Stocks	12673P105	1,072	32,107	SH		SOLE	0	31,377	0	730
CACI INTERNATIONAL INC -CL A	Common Stocks	127190304	231	1,657	SH		SOLE	0	1,540	0	117
CAPITAL ONE FINANCIAL CORP	Common Stocks	14040H105	1,107	13,074	SH		SOLE	0	12,587	0	487
CENTRAL GARDEN AND PET CO-A	Common Stocks	153527205	240	6,455	SH		SOLE	0	6,002	0	453
CERNER CORP	Common Stocks	156782104	1,312	18,392	SH		SOLE	0	17,603	0	789
CHEVRON CORP	Common Stocks	166764100	1,437	12,233	SH		SOLE	0	11,000	0	1,233
CHUBB LTD	Common Stocks	H1467J104	205	1,435	SH		SOLE	0	893	0	542
CISCO SYSTEMS INC	Common Stocks	17275R102	322	9,581	SH		SOLE	0	6,867	0	2,714
CITIGROUP INC	Common Stocks	172967424	379	5,214	SH		SOLE	0	3,355	0	1,859
COHEN & STEERS INC	Common Stocks	19247A100	1,014	25,666	SH		SOLE	0	25,076	0	590
CONSTELLATION BRANDS INC-A	Common Stocks	21036P108	312	1,564	SH		SOLE	0	991	0	573
COSTCO WHOLESALE CORP	Common Stocks	22160K105	213	1,296	SH		SOLE	0	898	0	398
CUSTOMERS BANCORP INC	Common Stocks	23204G100	241	7,402	SH		SOLE	0	6,869	0	533
CYTOKINETICS INC	Common Stocks	23282W605	200	13,781	SH		SOLE	0	12,796	0	985
DARLING INGREDIENTS INC	Common Stocks	237266101	315	17,987	SH		SOLE	0	16,710	0	1,277
DELTA AIR LINES INC	Common Stocks	247361702	260	5,400	SH		SOLE	0	3,468	0	1,932
DOWDUPONT INC	Common Stocks	26078J100	415	5,996	SH		SOLE	0	3,863	0	2,133
EBIX INC	Common Stocks	278715206	242	3,705	SH		SOLE	0	3,437	0	268
EMERSON ELECTRIC CO	Common Stocks	291011104	1,090	17,343	SH		SOLE	0	16,951	0	392
ENCORE CAPITAL GROUP INC	Common Stocks	292554102	234	5,290	SH		SOLE	0	4,908	0	382
ENOVA INTERNATIONAL INC	Common Stocks	29357K103	235	17,493	SH		SOLE	0	16,199	0	1,294
EQUINIX INC	Common Stocks	29444U700	424	950	SH		SOLE	0	734	0	216
EVERCORE INC - A	Common Stocks	29977A105	244	3,035	SH		SOLE	0	2,807	0	228
EXPONENT INC	Common Stocks	30214U102	276	3,736	SH		SOLE	0	3,473	0	263
EXXON MOBIL CORP	Common Stocks	30231G102	1,378	16,815	SH		SOLE	0	15,168	0	1,647
FACEBOOK INC-A	Common Stocks	30303M102	651	3,807	SH		SOLE	0	2,669	0	1,138
FEDERAL SIGNAL CORP	Common Stocks	313855108	304	14,264	SH		SOLE	0	13,232	0	1,032
FEDEX CORP	Common Stocks	31428X106	1,544	6,843	SH		SOLE	0	6,295	0	548
FIRST FINANCIAL BANCORP	Common Stocks	320209109	259	9,901	SH		SOLE	0	9,201	0	700
FIRST REPUBLIC BANK/CA	Common Stocks	33616C100	1,291	12,356	SH		SOLE	0	11,853	0	503
FIRSTCASH INC	Common Stocks	33767D105	235	3,720	SH		SOLE	0	3,447	0	273
FIVE BELOW	Common Stocks	33829M101	229	4,179	SH		SOLE	0	3,883	0	296
FLOTEK INDUSTRIES INC	Common Stocks	343389102	75	16,079	SH		SOLE	0	14,891	0	1,188
FRANKLIN STREET PROPERTIES C	Common Stocks	35471R106	184	17,302	SH		SOLE	0	16,078	0	1,224
GANNETT CO INC	Common Stocks	36473H104	156	17,291	SH		SOLE	0	16,066	0	1,225
GAP INC/THE	Common Stocks	364760108	1,292	43,738	SH		SOLE	0	42,776	0	962
GENERAL ELECTRIC CO	Common Stocks	369604103	1,240	51,282	SH		SOLE	0	44,866	0	6,416
GENTEX CORP	Common Stocks	371901109	1,054	53,225	SH		SOLE	0	51,502	0	1,723
GEO GROUP INC/THE	Common Stocks	36162J106	882	32,804	SH		SOLE	0	32,059	0	745
GILEAD SCIENCES INC	Common Stocks	375558103	1,365	16,844	SH		SOLE	0	15,903	0	941
GLAXOSMITHKLINE PLC-SPON ADR	Common Stocks	37733W105	253	6,221	SH		SOLE	0	6,221	0	0
H.B. FULLER CO.	Common Stocks	359694106	259	4,459	SH		SOLE	0	4,143	0	316
HEALTHCARE SERVICES GROUP	Common Stocks	421906108	362	6,708	SH		SOLE	0	6,228	0	480
HELMERICH & PAYNE	Common Stocks	423452101	721	13,844	SH		SOLE	0	13,532	0	312
HILLENBRAND INC	Common Stocks	431571108	229	5,896	SH		SOLE	0	5,483	0	413
HOME BANCSHARES INC	Common Stocks	436893200	216	8,545	SH		SOLE	0	7,938	0	607
HSBC HOLDINGS PLC-SPONS ADR	Common Stocks	404280406	403	8,154	SH		SOLE	0	8,154	0	0
HUNTSMAN CORP	Common Stocks	447011107	1,197	43,667	SH		SOLE	0	42,682	0	985
INSTALLED BUILDING PRODUCTS	Common Stocks	45780R101	298	4,598	SH		SOLE	0	4,271	0	327
INTEGER HOLDINGS CORP	Common Stocks	45826H109	228	4,464	SH		SOLE	0	4,141	0	323
INTERCONTINENTAL EXCHANGE IN	Common Stocks	45866F104	1,349	19,637	SH		SOLE	0	18,481	0	1,156
INTUITIVE SURGICAL INC	Common Stocks	46120E602	287	822	SH		SOLE	0	522	0	300
ISHARES CORE S&P 500 ETF	ETF	464287200	2,086	8,246	SH		SOLE	0	8,246	0	0
ISHARES IBOXX USD HIGH YIELD	ETF	464288513	30,309	341,469	SH		SOLE	0	340,336	0	1,133
ISHARES MSCI EAFE ETF	ETF	464287465	3,972	58,007	SH		SOLE	0	58,007	0	0
ISHARES RUSSELL 2000 ETF	ETF	464287655	863	5,825	SH		SOLE	0	5,810	0	15
ISHARES TIPS BOND ETF	ETF	464287176	326	2,872	SH		SOLE	0	2,872	0	0
ITAU UNIBANCO H-SPON PRF ADR	Common Stocks	465562106	153	11,165	SH		SOLE	0	11,165	0	0
JM SMUCKER CO/THE	Common Stocks	832696405	851	8,109	SH		SOLE	0	7,925	0	184
JOHN BEAN TECHNOLOGIES CORP	Common Stocks	477839104	269	2,660	SH		SOLE	0	2,461	0	199
JOHNSON & JOHNSON	Common Stocks	478160104	1,526	11,736	SH		SOLE	0	10,273	0	1,463
JPMORGAN CHASE & CO	Common Stocks	46625H100	502	5,261	SH		SOLE	0	3,676	0	1,585
KAMAN CORP	Common Stocks	483548103	236	4,237	SH		SOLE	0	3,927	0	310
KIMBERLY-CLARK CORP	Common Stocks	494368103	846	7,189	SH		SOLE	0	7,022	0	167
KIMCO REALTY CORP	Common Stocks	49446R109	460	23,524	SH		SOLE	0	23,046	0	478
KINDER MORGAN INC	Common Stocks	49456B101	1,027	53,551	SH		SOLE	0	51,664	0	1,887
KITE REALTY GROUP TRUST	Common Stocks	49803T300	212	10,456	SH		SOLE	0	9,890	0	566
L BRANDS INC	Common Stocks	501797104	905	21,752	SH		SOLE	0	21,032	0	720
LCI INDUSTRIES	Common Stocks	50189K103	213	1,842	SH		SOLE	0	1,711	0	131
LENDINGTREE INC	Common Stocks	52603B107	294	1,203	SH		SOLE	0	1,118	0	85
M & T BANK CORP	Common Stocks	55261F104	1,103	6,849	SH		SOLE	0	6,694	0	155
MARINEMAX INC	Common Stocks	567908108	284	17,180	SH		SOLE	0	15,947	0	1,233
MARRIOTT VACATIONS WORLD	Common Stocks	57164Y107	333	2,678	SH		SOLE	0	2,473	0	205
MAXIM INTEGRATED PRODUCTS	Common Stocks	57772K101	1,144	23,987	SH		SOLE	0	23,445	0	542
MAXLINEAR INC	Common Stocks	57776J100	224	9,429	SH		SOLE	0	8,747	0	682
MEDICAL PROPERTIES TRUST INC	Common Stocks	58463J304	748	56,982	SH		SOLE	0	55,448	0	1,534
MEDIDATA SOLUTIONS INC	Common Stocks	58471A105	267	3,421	SH		SOLE	0	3,180	0	241
MERCK & CO. INC.	Common Stocks	58933Y105	329	5,142	SH		SOLE	0	3,558	0	1,584
METHODE ELECTRONICS INC	Common Stocks	591520200	264	6,243	SH		SOLE	0	5,803	0	440
METLIFE INC	Common Stocks	59156R108	204	3,924	SH		SOLE	0	2,481	0	1,443
MICROSOFT CORP	Common Stocks	594918104	1,704	22,880	SH		SOLE	0	20,008	0	2,872
MITSUBISHI UFJ FINL-SPON ADR	Common Stocks	606822104	281	43,580	SH		SOLE	0	43,580	0	0
MKS INSTRUMENTS INC	Common Stocks	55306N104	331	3,508	SH		SOLE	0	3,260	0	248
MOBILE MINI INC	Common Stocks	60740F105	240	6,957	SH		SOLE	0	6,463	0	494
MONOLITHIC POWER SYSTEMS INC	Common Stocks	609839105	281	2,641	SH		SOLE	0	2,474	0	167
MOTORCAR PARTS OF AMERICA IN	Common Stocks	620071100	263	8,927	SH		SOLE	0	8,320	0	607
NATIONAL INSTRUMENTS CORP	Common Stocks	636518102	1,357	32,172	SH		SOLE	0	31,442	0	730
NEKTAR THERAPEUTICS	Common Stocks	640268108	203	8,466	SH		SOLE	0	7,868	0	598
NETFLIX INC	Common Stocks	64110L106	232	1,282	SH		SOLE	0	956	0	326
NEW YORK COMMUNITY BANCORP	Common Stocks	649445103	959	74,435	SH		SOLE	0	72,738	0	1,697
NEWPARK RESOURCES INC	Common Stocks	651718504	259	25,864	SH		SOLE	0	24,035	0	1,829
NEXTERA ENERGY INC	Common Stocks	65339F101	1,435	9,790	SH		SOLE	0	8,713	0	1,077
NOKIA CORP-SPON ADR	Common Stocks	654902204	107	17,825	SH		SOLE	0	17,825	0	0
NOVARTIS AG-SPONSORED ADR	Common Stocks	66987V109	454	5,290	SH		SOLE	0	5,290	0	0
OCEANEERING INTL INC	Common Stocks	675232102	934	35,565	SH		SOLE	0	34,778	0	787
OMNICELL INC	Common Stocks	68213N109	284	5,554	SH		SOLE	0	5,161	0	393
ON ASSIGNMENT INC	Common Stocks	682159108	227	4,227	SH		SOLE	0	3,922	0	305
ORACLE CORP	Common Stocks	68389X105	282	5,837	SH		SOLE	0	3,941	0	1,896
ORANGE-SPON ADR	Common Stocks	684060106	178	10,831	SH		SOLE	0	10,831	0	0
OSI SYSTEMS INC	Common Stocks	671044105	274	2,994	SH		SOLE	0	2,783	0	211
PACCAR INC	Common Stocks	693718108	1,179	16,301	SH		SOLE	0	15,931	0	370
PBF ENERGY INC-CLASS A	Common Stocks	69318G106	1,339	48,515	SH		SOLE	0	47,413	0	1,102
PEPSICO INC	Common Stocks	713448108	1,149	10,308	SH		SOLE	0	9,453	0	855
PETROLEO BRASILEIRO-SPON ADR	Common Stocks	71654V408	177	17,632	SH		SOLE	0	17,632	0	0
PFIZER INC	Common Stocks	717081103	1,481	41,474	SH		SOLE	0	37,292	0	4,182
PHILIP MORRIS INTERNATIONAL	Common Stocks	718172109	299	2,695	SH		SOLE	0	1,804	0	891
PROCTER & GAMBLE CO/THE	Common Stocks	742718109	478	5,253	SH		SOLE	0	3,667	0	1,586
PROLOGIS INC	Common Stocks	74340W103	443	6,980	SH		SOLE	0	6,258	0	722
PUBLIC STORAGE	Common Stocks	74460D109	672	3,142	SH		SOLE	0	3,082	0	60
QUALCOMM INC	Common Stocks	747525103	1,082	20,880	SH		SOLE	0	19,819	0	1,061
ROYAL BANK OF CANADA	Common Stocks	780087102	339	4,387	SH		SOLE	0	4,387	0	0
ROYAL DUTCH SHELL-SPON ADR-A	Common Stocks	780259206	383	6,318	SH		SOLE	0	6,318	0	0
RR DONNELLEY & SONS CO	Common Stocks	257867200	190	18,419	SH		SOLE	0	17,112	0	1,307
SANOFI-ADR	Common Stocks	80105N105	240	4,826	SH		SOLE	0	4,826	0	0
SAP SE-SPONSORED ADR	Common Stocks	803054204	279	2,541	SH		SOLE	0	2,541	0	0
SCHLUMBERGER LTD	Common Stocks	806857108	379	5,435	SH		SOLE	0	3,466	0	1,969
SEI INVESTMENTS COMPANY	Common Stocks	784117103	1,337	21,897	SH		SOLE	0	21,008	0	889
SIMON PROPERTY GROUP INC	Common Stocks	828806109	390	2,422	SH		SOLE	0	2,169	0	253
SPDR BBG BARC HIGH YIELD BND	ETF	78464A417	34,095	913,592	SH		SOLE	0	896,912	0	16,680
SPECTRUM PHARMACEUTICALS INC	Common Stocks	84763A108	225	16,005	SH		SOLE	0	14,854	0	1,151
STARWOOD PROPERTY TRUST INC	Common Stocks	85571B105	971	44,698	SH		SOLE	0	43,676	0	1,022
STEEL DYNAMICS INC	Common Stocks	858119100	850	24,655	SH		SOLE	0	23,322	0	1,333
STERLING BANCORP/DE	Common Stocks	85917A100	248	10,055	SH		SOLE	0	9,307	0	748
SUMITOMO MITSUI-SPONS ADR	Common Stocks	86562M209	169	21,897	SH		SOLE	0	21,897	0	0
SUMMIT HOTEL PROPERTIES INC	Common Stocks	866082100	362	22,650	SH		SOLE	0	21,214	0	1,436
SYNOPSYS INC	Common Stocks	871607107	283	3,514	SH		SOLE	0	2,382	0	1,132
TAIWAN SEMICONDUCTOR-SP ADR	Common Stocks	874039100	311	8,293	SH		SOLE	0	8,293	0	0
TARGA RESOURCES CORP	Common Stocks	87612G101	839	17,747	SH		SOLE	0	17,347	0	400
TELEFONICA SA-SPON ADR	Common Stocks	879382208	179	16,602	SH		SOLE	0	16,602	0	0
TETRA TECH INC	Common Stocks	88162G103	246	5,287	SH		SOLE	0	4,903	0	384
TEXTRON INC	Common Stocks	883203101	239	4,427	SH		SOLE	0	2,568	0	1,859
TORONTO-DOMINION BANK	Common Stocks	891160509	335	5,958	SH		SOLE	0	5,958	0	0
TOTAL SA-SPON ADR	Common Stocks	89151E109	379	7,087	SH		SOLE	0	7,087	0	0
TOYOTA MOTOR CORP -SPON ADR	Common Stocks	892331307	285	2,392	SH		SOLE	0	2,392	0	0
UNILEVER PLC-SPONSORED ADR	Common Stocks	904767704	235	4,046	SH		SOLE	0	4,046	0	0
UNION PACIFIC CORP	Common Stocks	907818108	232	1,999	SH		SOLE	0	1,293	0	706
UNITEDHEALTH GROUP INC	Common Stocks	91324P102	431	2,201	SH		SOLE	0	1,621	0	580
US CONCRETE INC	Common Stocks	90333L201	243	3,191	SH		SOLE	0	2,968	0	223
VALERO ENERGY CORP	Common Stocks	91913Y100	230	2,984	SH		SOLE	0	1,711	0	1,273
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	240	5,522	SH		SOLE	0	5,522	0	0
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	2,868	66,063	SH		SOLE	0	61,081	0	4,982
VANGUARD FTSE EMERGING MARKE	ETF	922042858	108	2,468	SH		SOLE	0	2,468	0	0
VANGUARD FTSE EMERGING MARKE	ETF	922042858	398	9,139	SH		SOLE	0	4,125	0	5,014
VANGUARD HIGH DVD YIELD ETF	ETF	921946406	1,529	18,857	SH		SOLE	0	12,290	0	6,567
VANGUARD REIT ETF	ETF	922908553	1,295	15,586	SH		SOLE	0	10,503	0	5,083
VANGUARD SHORT-TERM GOV BND	ETF	92206C102	248	4,091	SH		SOLE	0	4,091	0	0
VANGUARD TOTAL BOND MARKET	ETF	921937835	9,697	118,314	SH		SOLE	0	66,014	0	52,300
VERIZON COMMUNICATIONS INC	Common Stocks	92343V104	204	4,125	SH		SOLE	0	2,570	0	1,555
VIRTUSA CORP	Common Stocks	92827P102	331	8,764	SH		SOLE	0	8,143	0	621
VODAFONE GROUP PLC-SP ADR	Common Stocks	92857W308	204	7,175	SH		SOLE	0	7,175	0	0
WELLS FARGO & CO	Common Stocks	949746101	221	4,013	SH		SOLE	0	3,178	0	835
WINGSTOP INC	Common Stocks	974155103	209	6,284	SH		SOLE	0	5,832	0	452
WOLVERINE WORLD WIDE INC	Common Stocks	978097103	225	7,807	SH		SOLE	0	7,276	0	531