10Elms LLP Portfolio holdings

AUM $99.5M

This Quarter Return

+0.39%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$99.5M

AUM Growth

+$2.68M (+3%)

Cap. Flow

+$4.76M

Cap. Flow % of AUM

4.79%

Top 10 Holdings %Top 10 Hldgs %

38.17%

Holding

556

New

Increased

Reduced

Closed

Top Buys

1	iShares Core MSCI EAFE ETF IEFA	$739K
2	iShares iBonds Dec 2029 Term Corporate ETF IBDU	$369K
3	iShares Core MSCI Emerging Markets ETF IEMG	$357K
4	Technology Select Sector SPDR Fund XLK	$270K
5	iShares iBonds Dec 2030 Term Corporate ETF IBDV	$244K

Top Sells

1	iShares MSCI USA Min Vol Factor ETF USMV	$116K
2	Financial Select Sector SPDR Fund XLF	$86.7K
3	Northern Trust Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series E Non-Cumulative Perpetual Preferred Stock NTRSO	$74.1K
4	iShares MSCI USA Momentum Factor ETF MTUM	$65.3K
5	The Communication Services Select Sector SPDR Fund XLC	$51.1K

Sector Composition

1	Financials	2.64%
2	Energy	1.66%
3	Technology	0.87%
4	Consumer Discretionary	0.87%
5	Consumer Staples	0.66%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 iShares iBoxx $ High Yield Corporate Bond ETF HYG $17.2B	$401K	0.4%	5,085 +313	+7%	+$24.7K
52	52 Berkshire Hathaway Class B BRK.B $1.03T	$352K	0.35%	660 +270	+69%	+$144K
53	53 SPDR Bloomberg Investment Grade Floating Rate ETF FLRN $2.77B	$349K	0.35%	11,338 -102	-0.9%	-$3.14K
54	54 iShares iBonds Dec 2030 Term Corporate ETF IBDV $1.9B	$343K	0.34%	15,801 +11,250	+247%	+$244K
55	55 Alphabet (Google) Class A GOOGL $2.23T	$328K	0.33%	2,120	–	–
56	56 Caterpillar CAT $196B	$281K	0.28%	852	–	–
57	57 Microsoft MSFT $3.8T	$278K	0.28%	740	–	–
58	58 The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares GDV.PRK $108M	$273K	0.27%	14,714 -100	-0.7%	-$1.86K
59	59 Wells Fargo WFC $257B	$266K	0.27%	3,701 +1,100	+42%	+$79K
60	60 PepsiCo PEP $199B	$263K	0.26%	1,754 +458	+35%	+$68.7K
61	61 iShares Biotechnology ETF IBB $5.48B	$259K	0.26%	2,025	–	–
62	62 Alphabet (Google) Class C GOOG $2.25T	$250K	0.25%	1,600	–	–
63	63 Alerian Energy Infrastructure ETF ENFR $311M	$249K	0.25%	7,600 +500	+7%	+$16.4K
64	64 iShares iBonds 2026 Term High Yield and Income ETF IBHF $869M	$246K	0.25%	10,615 +1,600	+18%	+$37.2K
65	65 iShares National Muni Bond ETF MUB $38.3B	$237K	0.24%	2,250 +200	+10%	+$21.1K
66	66 ALPS Disruptive Technologies ETF DTEC $86.7M	$237K	0.24%	5,456	–	–
67	67 Northern Trust Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series E Non-Cumulative Perpetual Preferred Stock NTRSO $325M	$230K	0.23%	11,650 -3,750	-24%	-$74.1K
68	68 The Gabelli Equity Trust Inc. Series G Cumulative Preferred GAB.PRG $53.5M	$223K	0.22%	10,500	–	–
69	BCV.PRA 69 Bancroft Fund Series A BCV.PRA $26M	$210K	0.21%	9,482	–	–
70	GGT.PRG 70 The Gabelli Multimedia Trust Inc. 5.125% Series G Cumulative Preferred Shares GGT.PRG	$206K	0.21%	9,197	–	–
71	71 SPDR MSCI ACWI ex-US ETF CWI $1.9B	$192K	0.19%	6,503 -572	-8%	-$16.9K
72	72 iShares US Aerospace & Defense ETF ITA $8.81B	$191K	0.19%	1,250 +150	+14%	+$23K
73	73 Williams Companies WMB $72.7B	$188K	0.19%	3,149	–	–
74	74 Kinder Morgan KMI $61.8B	$185K	0.19%	6,478	–	–
75	75 Vanguard FTSE All-World ex-US ETF VEU $46.4B	$174K	0.17%	2,864 +1,093	+62%	+$66.3K