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	1,599	16,534	SH		SOLE	0	15,522	0	1,012
AFLAC INC	Common Stocks	001055102	1,148	13,081	SH		SOLE	0	12,797	0	284
ALAMO GROUP INC	Common Stocks	011311107	271	2,403	SH		SOLE	0	2,231	0	172
ALEXANDRIA REAL ESTATE EQUIT	Common Stocks	015271109	228	1,745	SH		SOLE	0	1,558	0	187
ALPHABET INC-CL A	Common Stocks	02079K305	555	527	SH		SOLE	0	389	0	138
ALPHABET INC-CL C	Common Stocks	02079K107	306	292	SH		SOLE	0	168	0	124
AMAZON.COM INC	Common Stocks	023135106	874	747	SH		SOLE	0	515	0	232
AMERICAN ASSETS TRUST INC	Common Stocks	024013104	243	6,367	SH		SOLE	0	5,909	0	458
ANHEUSER-BUSCH INBEV-SPN ADR	Common Stocks	03524A108	235	2,110	SH		SOLE	0	2,110	0	0
ANIKA THERAPEUTICS INC	Common Stocks	035255108	247	4,589	SH		SOLE	0	4,252	0	337
APOGEE ENTERPRISES INC	Common Stocks	037598109	207	4,526	SH		SOLE	0	4,170	0	356
APPLE INC	Common Stocks	037833100	2,144	12,670	SH		SOLE	0	10,812	0	1,858
APPLIED MATERIALS INC	Common Stocks	038222105	256	5,005	SH		SOLE	0	2,924	0	2,081
ARMADA HOFFLER PROPERTIES IN	Common Stocks	04208T108	251	16,148	SH		SOLE	0	15,195	0	953
AT&T INC	Common Stocks	00206R102	1,084	27,879	SH		SOLE	0	26,669	0	1,210
AVALONBAY COMMUNITIES INC	Common Stocks	053484101	222	1,243	SH		SOLE	0	1,165	0	78
AXON ENTERPRISE INC	Common Stocks	05464C101	214	8,080	SH		SOLE	0	7,457	0	623
BANC OF CALIFORNIA INC	Common Stocks	05990K106	227	10,981	SH		SOLE	0	10,182	0	799
BANCO SANTANDER SA-SPON ADR	Common Stocks	05964H105	276	42,247	SH		SOLE	0	42,247	0	0
BANK OF AMERICA CORP	Common Stocks	060505104	492	16,661	SH		SOLE	0	11,253	0	5,408
BANK OF NOVA SCOTIA	Common Stocks	064149107	270	4,181	SH		SOLE	0	4,181	0	0
BARNES GROUP INC	Common Stocks	067806109	269	4,252	SH		SOLE	0	3,947	0	305
BERKSHIRE HATHAWAY INC-CL B	Common Stocks	084670702	646	3,260	SH		SOLE	0	2,262	0	998
BLACKROCK INC	Common Stocks	09247X101	1,787	3,479	SH		SOLE	0	3,196	0	283
BOFI HOLDING INC	Common Stocks	05566U108	207	6,933	SH		SOLE	0	6,426	0	507
BOISE CASCADE CO	Common Stocks	09739D100	287	7,196	SH		SOLE	0	6,668	0	528
BOYD GAMING CORP	Common Stocks	103304101	213	6,089	SH		SOLE	0	5,620	0	469
BP PLC-SPONS ADR	Common Stocks	055622104	246	5,858	SH		SOLE	0	5,858	0	0
BRITISH AMERICAN TOB-SP ADR	Common Stocks	110448107	361	5,390	SH		SOLE	0	5,390	0	0
CA INC	Common Stocks	12673P105	1,067	32,076	SH		SOLE	0	31,377	0	699
CACI INTERNATIONAL INC -CL A	Common Stocks	127190304	218	1,647	SH		SOLE	0	1,530	0	117
CAPITAL ONE FINANCIAL CORP	Common Stocks	14040H105	1,286	12,911	SH		SOLE	0	12,576	0	335
CENTRAL GARDEN AND PET CO-A	Common Stocks	153527205	241	6,387	SH		SOLE	0	5,934	0	453
CERNER CORP	Common Stocks	156782104	1,241	18,409	SH		SOLE	0	17,643	0	766
CHEVRON CORP	Common Stocks	166764100	1,502	11,998	SH		SOLE	0	10,942	0	1,056
CHUBB LTD	Common Stocks	H1467J104	208	1,423	SH		SOLE	0	881	0	542
CISCO SYSTEMS INC	Common Stocks	17275R102	348	9,095	SH		SOLE	0	6,766	0	2,329
CITIGROUP INC	Common Stocks	172967424	366	4,917	SH		SOLE	0	3,282	0	1,635
COHEN & STEERS INC	Common Stocks	19247A100	1,212	25,631	SH		SOLE	0	25,076	0	555
CONSTELLATION BRANDS INC-A	Common Stocks	21036P108	357	1,564	SH		SOLE	0	995	0	569
CONTINENTAL RESOURCES INC/OK	Common Stocks	212015101	204	3,852	SH		SOLE	0	3,091	0	761
DARLING INGREDIENTS INC	Common Stocks	237266101	324	17,849	SH		SOLE	0	16,572	0	1,277
DELTA AIR LINES INC	Common Stocks	247361702	298	5,328	SH		SOLE	0	3,410	0	1,918
DOWDUPONT INC	Common Stocks	26078J100	403	5,652	SH		SOLE	0	3,786	0	1,866
EBIX INC	Common Stocks	278715206	291	3,673	SH		SOLE	0	3,405	0	268
EMERSON ELECTRIC CO	Common Stocks	291011104	1,208	17,328	SH		SOLE	0	16,951	0	377
ENCORE CAPITAL GROUP INC	Common Stocks	292554102	221	5,245	SH		SOLE	0	4,863	0	382
ENOVA INTERNATIONAL INC	Common Stocks	29357K103	264	17,385	SH		SOLE	0	16,091	0	1,294
EQUINIX INC	Common Stocks	29444U700	430	949	SH		SOLE	0	733	0	216
EVERCORE INC - A	Common Stocks	29977A105	270	3,003	SH		SOLE	0	2,775	0	228
EXXON MOBIL CORP	Common Stocks	30231G102	1,229	14,697	SH		SOLE	0	14,111	0	586
FABRINET	Common Stocks	G3323L100	219	7,647	SH		SOLE	0	7,092	0	555
FACEBOOK INC-A	Common Stocks	30303M102	677	3,834	SH		SOLE	0	2,706	0	1,128
FEDERAL SIGNAL CORP	Common Stocks	313855108	285	14,175	SH		SOLE	0	13,143	0	1,032
FEDEX CORP	Common Stocks	31428X106	1,709	6,850	SH		SOLE	0	6,309	0	541
FIRST REPUBLIC BANK/CA	Common Stocks	33616C100	1,072	12,370	SH		SOLE	0	11,878	0	492
FIRSTCASH INC	Common Stocks	33767D105	249	3,688	SH		SOLE	0	3,415	0	273
FIVE BELOW	Common Stocks	33829M101	276	4,155	SH		SOLE	0	3,859	0	296
FRANKLIN STREET PROPERTIES C	Common Stocks	35471R106	184	17,153	SH		SOLE	0	15,929	0	1,224
GANNETT CO INC	Common Stocks	36473H104	199	17,142	SH		SOLE	0	15,917	0	1,225
GAP INC/THE	Common Stocks	364760108	1,488	43,679	SH		SOLE	0	42,776	0	903
GENERAL ELECTRIC CO	Common Stocks	369604103	881	50,477	SH		SOLE	0	44,659	0	5,818
GENTEX CORP	Common Stocks	371901109	1,115	53,216	SH		SOLE	0	51,559	0	1,657
GEO GROUP INC/THE	Common Stocks	36162J106	774	32,804	SH		SOLE	0	32,059	0	745
GILEAD SCIENCES INC	Common Stocks	375558103	1,205	16,826	SH		SOLE	0	15,903	0	923
GLAXOSMITHKLINE PLC-SPON ADR	Common Stocks	37733W105	221	6,221	SH		SOLE	0	6,221	0	0
HEALTHCARE SERVICES GROUP	Common Stocks	421906108	351	6,652	SH		SOLE	0	6,172	0	480
HELMERICH & PAYNE	Common Stocks	423452101	895	13,844	SH		SOLE	0	13,532	0	312
HILLENBRAND INC	Common Stocks	431571108	262	5,863	SH		SOLE	0	5,450	0	413
HOME DEPOT INC	Common Stocks	437076102	227	1,199	SH		SOLE	0	688	0	511
HONEYWELL INTERNATIONAL INC	Common Stocks	438516106	209	1,366	SH		SOLE	0	899	0	467
HSBC HOLDINGS PLC-SPONS ADR	Common Stocks	404280406	421	8,154	SH		SOLE	0	8,154	0	0
HUNTSMAN CORP	Common Stocks	447011107	1,452	43,631	SH		SOLE	0	42,682	0	949
INGEVITY CORP	Common Stocks	45688C107	231	3,271	SH		SOLE	0	3,020	0	251
INSTALLED BUILDING PRODUCTS	Common Stocks	45780R101	347	4,569	SH		SOLE	0	4,242	0	327
INTEGER HOLDINGS CORP	Common Stocks	45826H109	201	4,438	SH		SOLE	0	4,115	0	323
INTEL CORP	Common Stocks	458140100	216	4,681	SH		SOLE	0	4,065	0	616
INTERCONTINENTAL EXCHANGE IN	Common Stocks	45866F104	1,364	19,324	SH		SOLE	0	18,522	0	802
INTUITIVE SURGICAL INC	Common Stocks	46120E602	303	829	SH		SOLE	0	529	0	300
INVESCO LTD	Common Stocks	G491BT108	205	5,613	SH		SOLE	0	3,849	0	1,764
ISHARES CORE S&P 500 ETF	ETF	464287200	2,227	8,282	SH		SOLE	0	8,282	0	0
ISHARES IBOXX USD HIGH YIELD	ETF	464288513	31,981	366,501	SH		SOLE	0	365,271	0	1,230
ISHARES MSCI EAFE ETF	ETF	464287465	4,078	58,007	SH		SOLE	0	58,007	0	0
ISHARES RUSSELL 2000 ETF	ETF	464287655	890	5,840	SH		SOLE	0	5,825	0	15
ISHARES TIPS BOND ETF	ETF	464287176	329	2,883	SH		SOLE	0	2,883	0	0
ITAU UNIBANCO H-SPON PRF ADR	Common Stocks	465562106	145	11,165	SH		SOLE	0	11,165	0	0
JM SMUCKER CO/THE	Common Stocks	832696405	1,007	8,109	SH		SOLE	0	7,925	0	184
JOHN BEAN TECHNOLOGIES CORP	Common Stocks	477839104	293	2,644	SH		SOLE	0	2,445	0	199
JOHNSON & JOHNSON	Common Stocks	478160104	1,608	11,507	SH		SOLE	0	10,234	0	1,273
JPMORGAN CHASE & CO	Common Stocks	46625H100	525	4,913	SH		SOLE	0	3,593	0	1,320
KAMAN CORP	Common Stocks	483548103	247	4,201	SH		SOLE	0	3,891	0	310
KIMBERLY-CLARK CORP	Common Stocks	494368103	866	7,177	SH		SOLE	0	7,022	0	155
KIMCO REALTY CORP	Common Stocks	49446R109	427	23,524	SH		SOLE	0	23,046	0	478
KINDER MORGAN INC	Common Stocks	49456B101	968	53,564	SH		SOLE	0	51,677	0	1,887
KITE REALTY GROUP TRUST	Common Stocks	49803T300	204	10,390	SH		SOLE	0	9,824	0	566
L BRANDS INC	Common Stocks	501797104	1,306	21,683	SH		SOLE	0	20,993	0	690
LCI INDUSTRIES	Common Stocks	50189K103	237	1,826	SH		SOLE	0	1,695	0	131
LENDINGTREE INC	Common Stocks	52603B107	408	1,197	SH		SOLE	0	1,112	0	85
LIVEPERSON INC	Common Stocks	538146101	169	14,693	SH		SOLE	0	13,627	0	1,066
M & T BANK CORP	Common Stocks	55261F104	1,170	6,840	SH		SOLE	0	6,694	0	146
MARINEMAX INC	Common Stocks	567908108	322	17,048	SH		SOLE	0	15,815	0	1,233
MARRIOTT VACATIONS WORLD	Common Stocks	57164Y107	360	2,661	SH		SOLE	0	2,456	0	205
MAXIM INTEGRATED PRODUCTS	Common Stocks	57772K101	1,253	23,967	SH		SOLE	0	23,445	0	522
MAXLINEAR INC	Common Stocks	57776J100	247	9,349	SH		SOLE	0	8,667	0	682
MCDONALD'S CORP	Common Stocks	580135101	203	1,182	SH		SOLE	0	809	0	373
MEDICAL PROPERTIES TRUST INC	Common Stocks	58463J304	785	56,982	SH		SOLE	0	55,448	0	1,534
MEDIDATA SOLUTIONS INC	Common Stocks	58471A105	216	3,401	SH		SOLE	0	3,160	0	241
MERCK & CO. INC.	Common Stocks	58933Y105	283	5,034	SH		SOLE	0	3,461	0	1,573
METHODE ELECTRONICS INC	Common Stocks	591520200	249	6,205	SH		SOLE	0	5,765	0	440
MICROSOFT CORP	Common Stocks	594918104	1,955	22,851	SH		SOLE	0	19,998	0	2,853
MITSUBISHI UFJ FINL-SPON ADR	Common Stocks	606822104	317	43,580	SH		SOLE	0	43,580	0	0
MKS INSTRUMENTS INC	Common Stocks	55306N104	329	3,480	SH		SOLE	0	3,232	0	248
MOBILE MINI INC	Common Stocks	60740F105	239	6,917	SH		SOLE	0	6,423	0	494
MONOLITHIC POWER SYSTEMS INC	Common Stocks	609839105	294	2,620	SH		SOLE	0	2,453	0	167
MOTORCAR PARTS OF AMERICA IN	Common Stocks	620071100	221	8,850	SH		SOLE	0	8,243	0	607
NATIONAL INSTRUMENTS CORP	Common Stocks	636518102	1,338	32,148	SH		SOLE	0	31,442	0	706
NEKTAR THERAPEUTICS	Common Stocks	640268108	501	8,383	SH		SOLE	0	7,785	0	598
NETFLIX INC	Common Stocks	64110L106	250	1,304	SH		SOLE	0	978	0	326
NEW YORK COMMUNITY BANCORP	Common Stocks	649445103	968	74,327	SH		SOLE	0	72,738	0	1,589
NEWPARK RESOURCES INC	Common Stocks	651718504	221	25,713	SH		SOLE	0	23,884	0	1,829
NEXTERA ENERGY INC	Common Stocks	65339F101	1,505	9,635	SH		SOLE	0	8,682	0	953
NMI HOLDINGS INC-CLASS A	Common Stocks	629209305	254	14,915	SH		SOLE	0	13,771	0	1,144
NOKIA CORP-SPON ADR	Common Stocks	654902204	83	17,825	SH		SOLE	0	17,825	0	0
NOVARTIS AG-SPONSORED ADR	Common Stocks	66987V109	444	5,290	SH		SOLE	0	5,290	0	0
NVIDIA CORP	Common Stocks	67066G104	214	1,106	SH		SOLE	0	890	0	216
OCEANEERING INTL INC	Common Stocks	675232102	752	35,565	SH		SOLE	0	34,778	0	787
OMNICELL INC	Common Stocks	68213N109	267	5,512	SH		SOLE	0	5,119	0	393
ON ASSIGNMENT INC	Common Stocks	682159108	270	4,202	SH		SOLE	0	3,897	0	305
ORACLE CORP	Common Stocks	68389X105	251	5,300	SH		SOLE	0	3,887	0	1,413
ORANGE-SPON ADR	Common Stocks	684060106	188	10,831	SH		SOLE	0	10,831	0	0
PACCAR INC	Common Stocks	693718108	1,157	16,279	SH		SOLE	0	15,931	0	348
PACIFIC PREMIER BANCORP INC	Common Stocks	69478X105	242	6,039	SH		SOLE	0	5,570	0	469
PBF ENERGY INC-CLASS A	Common Stocks	69318G106	1,718	48,475	SH		SOLE	0	47,413	0	1,062
PEPSICO INC	Common Stocks	713448108	1,233	10,283	SH		SOLE	0	9,449	0	834
PETROLEO BRASILEIRO-SPON ADR	Common Stocks	71654V408	181	17,632	SH		SOLE	0	17,632	0	0
PFIZER INC	Common Stocks	717081103	1,484	40,974	SH		SOLE	0	37,150	0	3,824
PHILIP MORRIS INTERNATIONAL	Common Stocks	718172109	280	2,650	SH		SOLE	0	1,766	0	884
PINNACLE FOODS INC	Common Stocks	72348P104	204	3,423	SH		SOLE	0	2,202	0	1,221
PROLOGIS INC	Common Stocks	74340W103	451	6,992	SH		SOLE	0	6,270	0	722
PUBLIC STORAGE	Common Stocks	74460D109	657	3,142	SH		SOLE	0	3,082	0	60
QUALCOMM INC	Common Stocks	747525103	1,333	20,821	SH		SOLE	0	19,784	0	1,037
RAYONIER ADVANCED MATERIALS	Common Stocks	75508B104	290	14,160	SH		SOLE	0	13,071	0	1,089
ROYAL BANK OF CANADA	Common Stocks	780087102	358	4,387	SH		SOLE	0	4,387	0	0
ROYAL DUTCH SHELL-SPON ADR-A	Common Stocks	780259206	421	6,318	SH		SOLE	0	6,318	0	0
RR DONNELLEY & SONS CO	Common Stocks	257867200	170	18,262	SH		SOLE	0	16,955	0	1,307
SANOFI-ADR	Common Stocks	80105N105	208	4,826	SH		SOLE	0	4,826	0	0
SAP SE-SPONSORED ADR	Common Stocks	803054204	286	2,541	SH		SOLE	0	2,541	0	0
SCHLUMBERGER LTD	Common Stocks	806857108	352	5,229	SH		SOLE	0	3,412	0	1,817
SEI INVESTMENTS COMPANY	Common Stocks	784117103	1,575	21,923	SH		SOLE	0	21,051	0	872
SIMON PROPERTY GROUP INC	Common Stocks	828806109	416	2,420	SH		SOLE	0	2,169	0	251
SONY CORP-SPONSORED ADR	Common Stocks	835699307	232	5,169	SH		SOLE	0	5,169	0	0
SOUTH JERSEY INDUSTRIES	Common Stocks	838518108	310	9,927	SH		SOLE	0	9,179	0	748
SPDR BBG BARC HIGH YIELD BND	ETF	78464A417	22,548	614,054	SH		SOLE	0	597,512	0	16,542
SPDR S&P BIOTECH ETF	ETF	78464A870	809	9,533	SH		SOLE	0	8,850	0	683
STARWOOD PROPERTY TRUST INC	Common Stocks	85571B105	953	44,633	SH		SOLE	0	43,676	0	957
STEEL DYNAMICS INC	Common Stocks	858119100	1,067	24,729	SH		SOLE	0	23,396	0	1,333
STERLING BANCORP/DE	Common Stocks	85917A100	245	9,970	SH		SOLE	0	9,222	0	748
SUMITOMO MITSUI-SPONS ADR	Common Stocks	86562M209	190	21,897	SH		SOLE	0	21,897	0	0
SUMMIT HOTEL PROPERTIES INC	Common Stocks	866082100	343	22,525	SH		SOLE	0	21,089	0	1,436
SYNOPSYS INC	Common Stocks	871607107	302	3,546	SH		SOLE	0	2,414	0	1,132
TAIWAN SEMICONDUCTOR-SP ADR	Common Stocks	874039100	329	8,293	SH		SOLE	0	8,293	0	0
TARGA RESOURCES CORP	Common Stocks	87612G101	859	17,747	SH		SOLE	0	17,347	0	400
TELEFONICA SA-SPON ADR	Common Stocks	879382208	161	16,602	SH		SOLE	0	16,602	0	0
TETRA TECH INC	Common Stocks	88162G103	253	5,255	SH		SOLE	0	4,871	0	384
TEXTRON INC	Common Stocks	883203101	250	4,413	SH		SOLE	0	2,562	0	1,851
TORONTO-DOMINION BANK	Common Stocks	891160509	349	5,958	SH		SOLE	0	5,958	0	0
TOTAL SA-SPON ADR	Common Stocks	89151E109	392	7,087	SH		SOLE	0	7,087	0	0
TOYOTA MOTOR CORP -SPON ADR	Common Stocks	892331307	304	2,392	SH		SOLE	0	2,392	0	0
UNILEVER PLC-SPONSORED ADR	Common Stocks	904767704	224	4,046	SH		SOLE	0	4,046	0	0
UNION PACIFIC CORP	Common Stocks	907818108	266	1,985	SH		SOLE	0	1,279	0	706
UNITED COMMUNITY BANKS/GA	Common Stocks	90984P303	218	7,733	SH		SOLE	0	7,138	0	595
UNITEDHEALTH GROUP INC	Common Stocks	91324P102	488	2,215	SH		SOLE	0	1,635	0	580
US CONCRETE INC	Common Stocks	90333L201	253	3,027	SH		SOLE	0	2,804	0	223
VALERO ENERGY CORP	Common Stocks	91913Y100	273	2,969	SH		SOLE	0	1,705	0	1,264
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	2,940	65,530	SH		SOLE	0	60,522	0	5,008
VANGUARD FTSE DEVELOPED ETF	ETF	921943858	248	5,522	SH		SOLE	0	5,522	0	0
VANGUARD FTSE EMERGING MARKE	ETF	922042858	113	2,468	SH		SOLE	0	2,468	0	0
VANGUARD FTSE EMERGING MARKE	ETF	922042858	459	9,990	SH		SOLE	0	4,390	0	5,600
VANGUARD HIGH DVD YIELD ETF	ETF	921946406	1,599	18,668	SH		SOLE	0	12,073	0	6,595
VANGUARD REIT ETF	ETF	922908553	1,320	15,913	SH		SOLE	0	10,510	0	5,403
VANGUARD SHORT-TERM TREASURY	ETF	92206C102	252	4,186	SH		SOLE	0	4,186	0	0
VANGUARD TOTAL BOND MARKET	ETF	921937835	9,769	119,758	SH		SOLE	0	67,072	0	52,686
VERIZON COMMUNICATIONS INC	Common Stocks	92343V104	205	3,875	SH		SOLE	0	2,525	0	1,350
VIRTUSA CORP	Common Stocks	92827P102	244	5,528	SH		SOLE	0	5,099	0	429
VODAFONE GROUP PLC-SP ADR	Common Stocks	92857W308	229	7,175	SH		SOLE	0	7,175	0	0
WELLS FARGO & CO	Common Stocks	949746101	218	3,590	SH		SOLE	0	3,085	0	505
WINGSTOP INC	Common Stocks	974155103	243	6,230	SH		SOLE	0	5,778	0	452
WOLVERINE WORLD WIDE INC	Common Stocks	978097103	246	7,719	SH		SOLE	0	7,188	0	531