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
101	101 Walmart WMT $762B	$86.9K	0.09%	990	–	–
102	FBRT.PRE 102 Franklin BSP Realty Trust, Inc. 7.50% Series E Cumulative Redeemable Preferred Stock FBRT.PRE $219M	$85.2K	0.09%	4,200	–	–
103	103 Dimensional US Equity ETF DFUS $15.8B	$83.5K	0.08%	1,380	–	–
104	104 Visa V $681B	$80.6K	0.08%	230	–	–
105	105 Novartis NVS $227B	$78K	0.08%	+700	New	+$78K
106	106 iShares Bloomberg Roll Select Commodity Strategy ETF CMDY $279M	$77.8K	0.08%	1,500 -100	-6%	-$5.19K
107	107 Vanguard Dividend Appreciation ETF VIG $93.1B	$77.6K	0.08%	400	–	–
108	108 iShares MSCI ACWI ETF ACWI $22.5B	$73.6K	0.07%	632 +112	+22%	+$13K
109	109 Dimensional International Core Equity Market ETF DFAI $10.5B	$73.4K	0.07%	2,350	–	–
110	110 Excelerate Energy EE $850M	$71.7K	0.07%	2,500	–	–
111	111 Invesco S&P 500 High Dividend Low Volatility ETF SPHD $3.21B	$68.5K	0.07%	1,363	–	–
112	112 General Motors GM $51.1B	$68.3K	0.07%	+1,452	New	+$68.3K
113	113 AB InBev BUD $132B	$64.1K	0.06%	+1,042	New	+$64.1K
114	114 iShares International Equity Factor ETF INTF $2.17B	$63.8K	0.06%	2,069	–	–
115	115 Alerian MLP ETF AMLP $10.5B	$59.7K	0.06%	1,150	–	–
116	116 Uber UBER $188B	$58.3K	0.06%	+800	New	+$58.3K
117	117 iShares MSCI ACWI ex US ETF ACWX $6.46B	$56.3K	0.06%	1,015	–	–
118	118 The Gabelli Equity Trust Inc. 5.00% Series K Cumulative Preferred Stock GAB.PRK $81.5M	$55.2K	0.06%	2,600	–	–
119	119 UnitedHealth UNH $258B	$54.5K	0.05%	104	–	–
120	120 Ford F $44.3B	$53.6K	0.05%	+5,339	New	+$53.6K
121	121 Home Depot HD $356B	$51.3K	0.05%	140	–	–
122	122 T-Mobile US TMUS $259B	$51.2K	0.05%	192	–	–
123	123 American Tower AMT $105B	$50.3K	0.05%	231	–	–
124	124 Public Storage Depositary Shares Each Representing 1/1,000 of a 4.625% Cumulative Preferred Share of Beneficial Interest, Series L, par value $0.01 per share PSA.PRL $421M	$49.1K	0.05%	2,600	–	–
125	125 Invesco S&P SmallCap Low Volatility ETF XSLV $277M	$46.9K	0.05%	1,016 -11	-1%	-$508