Advisory Alpha Portfolio holdings

AUM $2.94B

AUM

$2.94B

AUM Growth

+$133M (+5%)

Cap. Flow

+$198M

Cap. Flow % of AUM

6.72%

Top 10 Holdings %Top 10 Hldgs %

47.46%

Holding

475

New

Increased

281

Reduced

120

Closed

Top Buys

1	SPDR Blackstone Senior Loan ETF SRLN	$64.7M
2	SPDR Portfolio Mortgage Backed Bond ETF SPMB	$43.6M
3	SPDR Portfolio Short Term Corporate Bond ETF SPSB	$43.2M
4	Schwab US Mid-Cap ETF SCHM	$41.4M
5	Global X MLP & Energy Infrastructure ETF MLPX	$24M

Top Sells

1	Invesco Senior Loan ETF BKLN	$62.6M
2	Vanguard Mortgage-Backed Securities ETF VMBS	$46M
3	Invesco Variable Rate Preferred ETF VRP	$45.2M
4	Vanguard Short-Term Treasury ETF VGSH	$39.3M
5	Vanguard Intermediate-Term Corporate Bond ETF VCIT	$10.7M

Sector Composition

1	Technology	2.59%
2	Financials	0.91%
3	Consumer Discretionary	0.91%
4	Industrials	0.78%
5	Communication Services	0.7%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Apple AAPL $2.92T	$28.9M	0.98%	129,951 +10,968	+9%	+$2.44M
27	27 SPDR Portfolio Long Term Treasury ETF SPTL $10.9B	$28M	0.95%	1,028,813 +39,436	+4%	+$1.07M
28	28 Vanguard Dividend Appreciation ETF VIG $87.7B	$27.6M	0.94%	142,524 +3,347	+2%	+$649K
29	29 Dimensional US Core Equity Market ETF DFAU $7.83B	$27.3M	0.93%	709,044 -30,936	-4%	-$1.19M
30	30 Schwab US TIPS ETF SCHP $12.7B	$26.8M	0.91%	996,621 +15,741	+2%	+$423K
31	31 Vanguard Emerging Markets Government Bond ETF VWOB $4.93B	$24.5M	0.83%	381,842 -884	-0.2%	-$56.7K
32	32 Global X MLP & Energy Infrastructure ETF MLPX $2.59B	$24.3M	0.82%	380,177 +376,821	+11,228%	+$24M
33	33 SPDR Bloomberg Investment Grade Floating Rate ETF FLRN $2.75B	$22.6M	0.77%	732,830 +43,739	+6%	+$1.35M
34	34 SPDR Portfolio Aggregate Bond ETF SPAB $8.74B	$22.3M	0.76%	874,806 +32,891	+4%	+$840K
35	35 SPDR S&P 500 ETF Trust SPY $614B	$22.1M	0.75%	39,547 +23,892	+153%	+$13.4M
36	36 Materials Select Sector SPDR Fund XLB $4.74B	$19.5M	0.66%	226,554 +19,758	+10%	+$1.7M
37	37 Energy Select Sector SPDR Fund XLE $26.4B	$19.3M	0.66%	207,062 +77,253	+60%	+$7.22M
38	38 Dimensional International Core Equity Market ETF DFAI $10B	$18M	0.61%	574,847 -78,329	-12%	-$2.45M
39	39 Utilities Select Sector SPDR Fund XLU $18.6B	$17.4M	0.59%	220,680 +12,374	+6%	+$976K
40	40 Schwab US Dividend Equity ETF SCHD $67.3B	$15.3M	0.52%	546,435 +57,216	+12%	+$1.6M
41	41 SPDR Portfolio S&P 500 ETF SPLG $66.6B	$14.8M	0.5%	225,570 +7,722	+4%	+$508K
42	42 Microsoft MSFT $3.35T	$14.8M	0.5%	39,472 +4,119	+12%	+$1.55M
43	43 Vanguard Mid-Cap Value ETF VOE $17.3B	$14.1M	0.48%	87,572 +19,021	+28%	+$3.05M
44	44 NVIDIA NVDA $3.2T	$12.7M	0.43%	117,286 +7,453	+7%	+$808K
45	45 Dimensional US Small Cap ETF DFAS $9.61B	$12.4M	0.42%	206,905 +47,072	+29%	+$2.81M
46	46 Pacer US Cash Cows 100 ETF COWZ $21.1B	$11.9M	0.4%	216,482 +9,730	+5%	+$533K
47	47 First Trust Enhanced Short Maturity ETF FTSM $6.51B	$11M	0.37%	183,697	New	+$11M
48	48 Dimensional US Large Cap Value ETF DFLV $3.32B	$10.3M	0.35%	338,216 +43,332	+15%	+$1.32M
49	49 Invesco BulletShares 2025 High Yield Corporate Bond ETF BSJP $945M	$10.3M	0.35%	444,767 +67,466	+18%	+$1.56M
50	50 Vanguard Mid-Cap Growth ETF VOT $15.9B	$10.1M	0.34%	41,439 -3,444	-8%	-$843K