Douglas Leroy Rayes

Cohen & Steers Institutional Realty Shares — Int/Div — Sold

Dodge & Cox Stock Fund #145 (DODGX) — Int/Div — Sold (part)

Dodge & Cox Stock Fund #145 (DODGX) — Sold (part)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Int/Div — Buy

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Sold (part)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Sold (part)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Goldman Sachs Fin SQ Tax Free Money MKT(FTXXX)(X) — Buy (add'l)

Gateway Fund (GTEYX) — None — Sold (part)

Gateway Fund (GTEYX) — Sold

Microsoft Corp (MSFT) — Int/Div — Sold (part)

Microsoft Corp (MSFT) — None — Sold (part)

Pimco Commodity RR Strat-INS — Int/Div — Sold

Oakmark Intemational Fund (OANIX) — Int/Div — Buy

Oakmark Intemational Fund (OANIX) — Buy (add'l)

Oakmark Intemational Fund (OANIX) — Buy (add'l)

Oakmark Intemational Fund (OANIX) — Buy (add'l)

Templeton INST Foreign SM Fund {TFSCX) — Int/Div

Tweedy Browne FD Global Value — Int/Div

Vanguard INSTL Index Fund — Int/Div — Sold (part)

Vanguard INSTL Index Fund — Buy (add'l)

Vanguard INSTL Index Fund — Buy (add'l)

Rayes Properties Inc. Stock — None

Bank of America Checking/Savings accounts — Interest

BMO Private Bank Money Market — Interest

American Funds-The Growth Fund of Amenca — Int/Div

US. Savings Bonds Seriess EE — None

Wasatch Core Growth Fd — Int/Div

Athene Life and Annuity Co (Formerly AVIVA Annuity) — Iistnbution

Credit Suisse Comm Ret ST-1 — None — Sold

ISHARES CORE S&P MID-CAP (IH) — Int/Div — Sold (part)

ISHARES CORE S&P MID-CAP (IH) — Buy (add'l)

BMO PYRFORD International Stock Fund IMISNX) — Int/Div

John Hancock 111 Disciplined Value Mid Cap Fund — Int/Div — Buy (add'l)

John Hancock 111 Disciplined Value Mid Cap Fund — Buy (add'l)

Schwab S&P S00 Index Fd (X) — Int/Div

American Fund Cap (CIBFX) (X) — None

Dodge And Cox Balanced FD (X) — Int/Div

Second Home! rental, Boulder CO (Purchased 5-14-14, $365,500) — Rent

ISHARES MSCI EAFE ETF (EFA) — None — Sold

ISHARES RUSSELL 2000 ETF (1WM) — Int/Div — Sold (part)

Aberdeen Emerging Mkts Inst Fund (ABEMX) — Int/Div

Artisan International Fund (APDIX) (X) — None — Buy

S10. — Buy (add'l)

S10. — Sold

BMO LGM EMERGING MKTS (MIEMX) — Int/Div — Buy (add'l)

BMO LGM EMERGING MKTS (MIEMX) — Buy (add'l)

T Rowe Price Intemational Discovery (PRIDX) — Int/Div — Buy (add'l)

T Rowe Price Intemational Discovery (PRIDX) — Buy (add'l)

Janus Enterprise Fund (JIMGRX) — Int/Div — Buy (add'l)

Columbia Emerging Mkts ETF (ECON) — Int/Div — Buy (add'l)

Vanguard REIT ETF (VNQ) — Int/Div

Vanguard Dividend Apprec Fund (VIG) — Int/Div

Deutsche X-Trackers MSC (DBEF) — Int/Div

SPDR S&P Intl. Small Cap (GWX) — None — Sold

Hartford Floating Rate Fund (HFLYX) — Int/Div — Sold (part)

Champlain Mid-Cap Fund (CIPIX) — Int/Div — Buy (add'l)

Champlain Mid-Cap Fund (CIPIX) — Buy (add'l)

ISHARES CORE S&P SMALL CAP ETF (UR) — Int/Div — Sold

Vova Real Estate (CRARX) — Int/Div — Buy

Vova Real Estate (CRARX) — Sold

Westwood Short Duration (WH GHX) — Int/Div — Buy

Westwood Short Duration (WH GHX) — Buy (add'l)

Westwood Short Duration (WH GHX) — Sold (part)

Westwood Short Duration (WH GHX) — Sold (part)

Artisan DEveloping World (APHYX) — Int/Div — Buy

Artisan DEveloping World (APHYX) — Buy (add'l)

Artisan DEveloping World (APHYX) — Buy (add'l)

Blackstone ALT Multi Strategy (BXMIX) — Int/Div — Buy

Vanguard Real Estate Index (VGSLX) — Int/Div — Buy

Acadain EMG MKT (AEMGX) — Int/Div — Buy

Acadain EMG MKT (AEMGX) — Buy (add'l)

Ishs Emg Mkt (E11r-EEM) — Int/Div — Buy

Transamerica Emg MKT Debt (EMTIX) — Int/Div — Buy

BMO Govt Money Mkt Premier Fund IMGNXX) — Int/Div — Sold (part)

BMO Govt Money Mkt Premier Fund IMGNXX) — Sold (part)

BMO Govt Money Mkt Premier Fund IMGNXX) — Sold (part)

BMO Govt Money Mkt Premier Fund IMGNXX) — Buy (add'l)

BMO Govt Money Mkt Premier Fund IMGNXX) — Buy (add'l)

BMO Govt Money Mkt Premier Fund IMGNXX) — Sold (part)

BMO Govt Money Mkt Premier Fund IMGNXX) — Sold

Goldman Sachs Fin'l Sq Treas Fund (Money MKTUHFEDXX) — Int/Div

Vice President, Raves Properties Inc

Managing partner, KJET Limited Parmership

Adpunct Professor, Anzona State Umversity College of Law

Personal Representantive, Estate of Nicholas Raves, deceased

Gift — Sandra Day O'Connor College of Law — Justice Prize Diner honoring former President Junmy Carter — $500.00

Agreement — 2000 — Arrzona Elected Othcals Retirment Plan: no control

Liability — BMO Hams Bank — Line of credit

Income — 2017 — County of Mancopa — SI18.592.00

Part 1.

Trust #1 Family Trust - The assets held in the Family Trust are included in the list of assets in Part VII,

KJET Limited Partnership - Managing Partner - The assets held in KJET are included in the list of assets in Purt VII. KIET was dissolved in 2017 and the assets

rolled into Trust #1 Family Trust

The adjunct professor position is a non-payed position.

1 acted as the personal representative for the probate of my father's will. The benefciaries were all family members and 1 received no compensation,

Part 11

Income from Maricopa County was reimbursement for excess retirement plan withholdings from my salary withheld during the years 2011 - 2014, while | was

Judge in Maricopa County.

Part VII

Assets in items 81 and 82 were inadvertently omitted in prior financial disclosure.

Assets in items 24. 26 and 46 were reported as sold in the prior financial disclosure. They should have been reported as sold (part).