Arbor Wealth Management 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
APPLE INC	COM	037833100	5,320	23,570	SH		SOLE	None	23,570	0	0
AMERISOURCEBERGEN CO	COM	03073E105	1,820	19,744	SH		SOLE	None	19,744	0	0
ALLIANCE DATA SYSTEM	COM	018581108	1,158	4,907	SH		SOLE	None	4,907	0	0
AETNA INC	COM	00817Y108	2,829	13,951	SH		SOLE	None	13,951	0	0
ALLERGAN PLC F	SHS	G0177J108	2,567	13,479	SH		SOLE	None	13,479	0	0
ASHFORD INC	COM SHS	044103109	2,159	28,463	SH		SOLE	None	28,463	0	0
AMERIGAS PARTNERS LP	UNIT L P INT	030975106	2,146	54,333	SH		SOLE	None	54,333	0	0
BOOKING HOLDINGS INC	COM	09857L108	1,783	899	SH		SOLE	None	899	0	0
BERKSHIRE HATHAWAY CLASS B	CL B NEW	084670702	4,873	22,761	SH		SOLE	None	22,761	0	0
BLACKSTONE GROUP LP	COM UNIT LTD	09253U108	977	25,678	SH		SOLE	None	25,678	0	0
CARDINAL HEALTH INC	COM	14149Y108	1,730	32,050	SH		SOLE	None	32,050	0	0
CHARTER COMMUNICATN CLASS A	CL A	16119P108	4,409	13,531	SH		SOLE	None	13,531	0	0
COMCAST CORP CLASS A	CL A	20030N101	4,371	123,443	SH		SOLE	None	123,443	0	0
ROCKWELL COLLINS INC	COM	774341101	7,027	50,032	SH		SOLE	None	50,032	0	0
COTY INC CLASS A	COM CL A	222070203	3,389	269,827	SH		SOLE	None	269,827	0	0
SPDR MSCI ACWI EX-US ETF	MSCI ACWI EX US	464288240	202	5,432	SH		SOLE	None	5,432	0	0
DOMINION ENERGY INC	COM UT REP LTD	257454108	1,609	22,905	SH		SOLE	None	22,905	0	0
DOLLAR GENERAL CORP	COM	256677105	5,377	49,204	SH		SOLE	None	49,204	0	0
WALT DISNEY CO	COM DISNEY	254687106	5,917	50,605	SH		SOLE	None	50,605	0	0
DASEKE INC	COM	23753F107	1,855	231,333	SH		SOLE	None	231,333	0	0
ENBRIDGE INC F	COM	29250R106	4,219	130,681	SH		SOLE	None	130,681	0	0
ENTERPRISE PRODUCTS LP	COM	293792107	724	25,220	SH		SOLE	None	25,220	0	0
ENVIROSTAR INC	COM	29414M100	319	8,190	SH		SOLE	None	8,190	0	0
FEDEX CORPORATION	COM	31428X106	267	1,113	SH		SOLE	None	1,113	0	0
AMICUS THERAPEUTICS	COM	03152W109	121	10,051	SH		SOLE	None	10,051	0	0
21ST CENT FOX CLASS B	CL A	90130A101	1,315	28,707	SH		SOLE	None	28,707	0	0
GERMAN AMERICAN BANC	COM	373865104	566	16,067	SH		SOLE	None	16,067	0	0
GENUINE PARTS CO	COM	372460105	1,541	15,504	SH		SOLE	None	15,504	0	0
VANECK VECTORS ETF TR	HIGH YLD MUN ETF	92189F361	1,653	53,111	SH		SOLE	None	53,111	0	0
SPDR NUVEEN S&P HIGH YIELD MUNI ETF	NUV HGHYLD MUN	78464A284	374	6,648	SH		SOLE	None	6,648	0	0
JOHNSON & JOHNSON	COM	478160104	1,499	10,850	SH		SOLE	None	10,850	0	0
JPMORGAN CHASE & CO	COM	46625H100	586	5,201	SH		SOLE	None	5,201	0	0
LENNAR CORP CLASS B	CL B	526057302	3,783	98,277	SH		SOLE	None	98,277	0	0
LIMBACH HOLDINGS INC	COM	53263P105	2,364	209,843	SH		SOLE	None	209,843	0	0
MASTERCARD INC	CL A	57636Q104	380	1,709	SH		SOLE	None	1,709	0	0
MCKESSON CORP	COM	58155Q103	1,670	12,594	SH		SOLE	None	12,594	0	0
SPDR S&P 400 MID CAP VALUE ETF IV	S&P 400 MDCP VAL	78464A839	205	3,831	SH		SOLE	None	3,831	0	0
ALTRIA GROUP INC	COM	02209S103	1,938	32,135	SH		SOLE	None	32,135	0	0
MICROSOFT CORP	COM	594918104	1,118	9,779	SH		SOLE	None	9,779	0	0
ANNALY CAPITAL MGMT REIT	COM	035710409	1,932	188,898	SH		SOLE	None	188,898	0	0
REALTY INCM CORP	COM	756109104	1,304	22,925	SH		SOLE	None	22,925	0	0
PEPSICO INCORPORATED	COM	713448108	969	8,670	SH		SOLE	None	8,670	0	0
PFIZER INCORPORATED	COM	717081103	2,006	45,540	SH		SOLE	None	45,540	0	0
PROCTER & GAMBLE	COM	742718109	3,656	43,938	SH		SOLE	None	43,938	0	0
PHILIP MORRIS INTL	COM	718172109	4,078	50,015	SH		SOLE	None	50,015	0	0
QUALCOMMON INC	CALL	747525903	2,092	29,049	SH		SOLE	None	29,049	0	0
RADISYS CORP	COM	750459109	3,307	2,028,939	SH		SOLE	None	2,028,939	0	0
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	229	4,094	SH		SOLE	None	4,094	0	0
SPECTRA ENERGY LP	COM	84756N109	2,352	65,876	SH		SOLE	None	65,876	0	0
SOUTHERN COMPANY	COM	842587107	4,496	103,139	SH		SOLE	None	103,139	0	0
AT&T INC	COM	00206R102	4,440	132,225	SH		SOLE	None	132,225	0	0
WELLS FARGO BK N A	COM	949746101	4,353	82,831	SH		SOLE	None	82,831	0	0
WAL-MART STORES INC	COM	931142103	5,797	61,731	SH		SOLE	None	61,731	0	0