Absolute Capital 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
FIDELITY COVINGTON TRUST	MSCI HLTH CARE I	316092600	220,036	3,486	SH		SOLE		0	0	3,486
FIDELITY MERRIMACK STR TR	LTD TRM BD ETF	316188200	256,432	5,342	SH		SOLE		0	0	5,342
FLEXSHARES TR	CRE SLCT BD FD	33939L670	324,617	14,672	SH		SOLE		0	0	14,672
FLEXSHARES TR	HIG YLD VL ETF	33939L662	224,389	5,549	SH		SOLE		0	0	5,549
FLEXSHARES TR	QUALT DIVD IDX	33939L860	203,762	3,526	SH		SOLE		0	0	3,526
INVESCO EXCH TRADED FD TR II	S&P 500 REVENUE	46138G698	6,164,640	77,058	SH		SOLE		37,800	0	39,258
INVESCO EXCH TRADED FD TR II	S&P500 HDL VOL	46138E362	1,423,154	34,417	SH		SOLE		0	0	34,417
INVESCO EXCH TRADED FD TR II	S&P500 LOW VOL	46138E354	1,507,949	24,008	SH		SOLE		24,000	0	8
INVESCO EXCH TRD SLF IDX FD	BULSHS 2025 CB	46138J825	424,583	21,092	SH		SOLE		0	0	21,092
INVESCO EXCH TRD SLF IDX FD	BULSHS 2023 CB	46138J866	1,206,690	57,000	SH		SOLE		57,000	0	0
INVESCO QQQ TR	UNIT SER 1	46090E103	2,123,451	5,748	SH		SOLE		5,700	0	48
ISHARES INC	CORE MSCI EMKT	46434G103	667,362	13,540	SH		SOLE		0	0	13,540
ISHARES TR	10+ YR INVST GRD	464289511	681,186	13,214	SH		SOLE		0	0	13,214
ISHARES TR	SHORT TREAS BD	464288679	1,214,287	10,994	SH		SOLE		0	0	10,994
ISHARES TR	10-20 YR TRS ETF	464288653	236,938	2,139	SH		SOLE		0	0	2,139
ISHARES TR	MSCI USA MIN VOL	46429B697	5,527,328	74,362	SH		SOLE		32,400	0	41,962
ISHARES TR	MBS ETF	464288588	710,501	7,618	SH		SOLE		0	0	7,618
ISHARES TR	CYBERSECURITY	46435U135	854,732	22,600	SH		SOLE		22,600	0	0
ISHARES TR	MSCI USA QLT FCT	46432F339	1,329,308	9,856	SH		SOLE		0	0	9,856
ISHARES TR	U.S. TECH ETF	464287721	1,653,733	15,190	SH		SOLE		0	0	15,190
ISHARES TR	US TREAS BD ETF	46429B267	630,918	27,551	SH		SOLE		0	0	27,551
ISHARES TR	EAFE GRWTH ETF	464288885	1,077,379	11,292	SH		SOLE		0	0	11,292
ISHARES TR	CORE S&P500 ETF	464287200	3,853,510	8,646	SH		SOLE		0	0	8,646
ISHARES TR	CORE TOTAL USD	46434V613	1,963,326	43,179	SH		SOLE		0	0	43,179
ISHARES TR	IBONDS DEC24 ETF	46434VBG4	465,318	18,900	PRN		SOLE		18,900	0	0
ISHARES TR	US INFRASTRUC	46435U713	1,036,492	26,522	SH		SOLE		23,400	0	3,122
ISHARES TR	S&P 500 GRWT ETF	464287309	200,446	2,844	SH		SOLE		0	0	2,844
ISHARES TR	IBONDS DEC23 ETF	46434VAX8	2,955,743	116,874	PRN		SOLE		115,800	0	1,074
ISHARES TR	US AER DEF ETF	464288760	993,092	8,512	SH		SOLE		0	0	8,512
ISHARES TR	IBONDS 24 TRM HG	46435U184	2,931,160	127,000	SH		SOLE		127,000	0	0
ISHARES TR	ISHS 5-10YR INVT	464288638	3,172,382	62,732	SH		SOLE		0	0	62,732
ISHARES TR	EAFE VALUE ETF	464288877	689,824	14,095	SH		SOLE		0	0	14,095
ISHARES TR	CORE MSCI EAFE	46432F842	209,761	3,107	SH		SOLE		0	0	3,107
ISHARES TR	IBONDS 23 TRM TS	46436E882	1,307,487	52,700	SH		SOLE		52,700	0	0
ISHARES TR	IBONDS 2026 TERM	46436E528	3,818,582	167,847	SH		SOLE		0	0	167,847
ISHARES TR	ESG AWR MSCI USA	46435G425	641,515	6,582	SH		SOLE		0	0	6,582
ISHARES TR	ISHARES SEMICDTR	464287523	1,724,684	3,400	SH		SOLE		3,400	0	0
MCDONALDS CORP	COM	580135101	1,134,555	3,802	SH		SOLE		3,800	0	2
MICROSOFT CORP	COM	594918104	2,712,088	7,964	SH		SOLE		7,800	0	164
MONDELEZ INTL INC	CL A	609207105	379,288	5,200	SH		SOLE		5,200	0	0
ON HLDG AG	NAMEN AKT A	H5919C104	363,000	11,000	SH		SOLE		11,000	0	0
PALO ALTO NETWORKS INC	COM	697435105	1,916,836	7,502	SH		SOLE		7,500	0	2
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	205,544	2,254	SH		SOLE		0	0	2,254
QUANTA SVCS INC	COM	74762E102	912,522	4,645	SH		SOLE		4,500	0	145
SALESFORCE INC	COM	79466L302	1,267,771	6,001	SH		SOLE		6,000	0	1
SCHWAB STRATEGIC TR	INT-TRM U.S TRES	808524854	695,289	14,109	SH		SOLE		0	0	14,109
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	1,171,097	16,126	SH		SOLE		0	0	16,126
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	1,417,654	8,154	SH		SOLE		8,100	0	54
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	494,931	6,673	SH		SOLE		0	0	6,673
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	3,961,199	29,844	SH		SOLE		7,900	0	21,944
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	3,264,499	39,393	SH		SOLE		11,400	0	27,993
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	3,478,135	32,409	SH		SOLE		23,800	0	8,609
SPDR INDEX SHS FDS	PORTFOLIO DEVLPD	78463X889	257,897	7,926	SH		SOLE		0	0	7,926
SPDR S&P 500 ETF TR	TR UNIT	78462F103	439,784	988	SH		SOLE		0	0	988
SPDR SER TR	S&P REGL BKG	78464A698	523,723	12,827	SH		SOLE		0	0	12,827
SPDR SER TR	PORTFOLIO SHORT	78464A474	3,354,952	113,959	SH		SOLE		113,600	0	359
SPDR SER TR	BLOOMBERG SHT TE	78468R408	201,706	8,166	SH		SOLE		0	0	8,166
SPDR SER TR	BBG CONV SEC ETF	78464A359	863,809	12,349	SH		SOLE		0	0	12,349
SSGA ACTIVE TR	SPDR SSGA US SCT	78470P408	307,349	7,088	SH		SOLE		0	0	7,088
UBER TECHNOLOGIES INC	COM	90353T100	302,190	7,000	SH		SOLE		7,000	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	1,349,157	2,807	SH		SOLE		2,800	0	7
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	216,122	2,973	SH		SOLE		0	0	2,973
VANGUARD BD INDEX FDS	SHORT TRM BOND	921937827	1,466,516	19,406	SH		SOLE		0	0	19,406
VANGUARD BD INDEX FDS	INTERMED TERM	921937819	232,393	3,089	SH		SOLE		0	0	3,089
VANGUARD CHARLOTTE FDS	TOTAL INT BD ETF	92203J407	463,181	9,476	SH		SOLE		0	0	9,476
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	635,215	3,087	SH		SOLE		0	0	3,087
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	265,215	1,204	SH		SOLE		0	0	1,204
VANGUARD INDEX FDS	GROWTH ETF	922908736	688,319	2,433	SH		SOLE		0	0	2,433
VANGUARD INDEX FDS	VALUE ETF	922908744	580,056	4,082	SH		SOLE		0	0	4,082
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	2,917,988	7,164	SH		SOLE		6,900	0	264
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	280,641	6,899	SH		SOLE		0	0	6,899
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	2,141,188	34,703	SH		SOLE		16,600	0	18,103
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	2,753,822	35,085	SH		SOLE		0	0	35,085
VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	921943858	779,737	16,885	SH		SOLE		0	0	16,885
VANGUARD WELLINGTON FD	US MULTIFACTOR	921935607	2,593,073	24,955	SH		SOLE		7,100	0	17,855
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	2,247,202	9,179	SH		SOLE		8,900	0	279
VANGUARD WORLD FDS	INF TECH ETF	92204A702	3,227,771	7,300	SH		SOLE		0	0	7,300
VANGUARD WORLD FDS	COMM SRVC ETF	92204A884	1,031,953	9,707	SH		SOLE		9,700	0	7
YUM BRANDS INC	COM	988498101	346,375	2,500	SH		SOLE		2,500	0	0