AFC

AFT Forsyth & Company Portfolio holdings

AUM $195M

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2013 Q3 2013 Q2

This Quarter Return

-16.48%

1 Year Return

+21.96%

3 Year Return

+148.26%

5 Year Return

+207.04%

10 Year Return

–

AUM

$124M

AUM Growth

+$124M (-21%)

Cap. Flow

-$668K

Cap. Flow % of AUM

-0.54%

Top 10 Holdings % Top 10 Hldgs %

31.11%

Holding

150

New

Increased

Reduced

Closed

Top Buys

1	Amazon AMZN	$3.26M
2	Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	$358K
3	DexCom DXCM	$321K
4	Cambria Tail Risk ETF TAIL	$284K
5	Exxon Mobil XOM	$222K

Top Sells

1	Upstart Holdings UPST	$422K
2	Shopify SHOP	$386K
3	Roblox RBLX	$368K
4	Apple AAPL	$333K
5	Walt Disney DIS	$321K

Sector Composition

1	Technology	25.42%
2	Healthcare	12.99%
3	Financials	12.02%
4	Consumer Discretionary	7.64%
5	Consumer Staples	3.5%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
126	126 Honda HMC $44.4B	$228K	0.18%	1,310	–	–
127	127 Wynn Resorts WYNN $13.2B	$228K	0.18%	4,000	–	–
128	128 Gartner IT $19B	$224K	0.18%	925 -70	-7%	-$17K
129	129 Invesco S&P 500 High Dividend Low Volatility ETF SPHD $3.17B	$222K	0.18%	5,027 +10	+0.2%	+$442
130	130 Exxon Mobil XOM $487B	$222K	0.18%	+2,595	New	+$222K
131	131 Danaher DHR $147B	$214K	0.17%	845 +100	+13%	+$25.3K
132	IBDN 132 DELISTED iShares iBonds Dec 2022 Term Corporate ETF IBDN	$209K	0.17%	8,375	–	–
133	133 Invesco Preferred ETF PGX $3.85B	$208K	0.17%	16,887 +6	+0%	+$74
134	134 iShares Core US Aggregate Bond ETF AGG $131B	$206K	0.17%	2,027 -1,999	-50%	-$203K
135	135 iShares iBoxx $ High Yield Corporate Bond ETF HYG $17.8B	$206K	0.17%	2,802 -601	-18%	-$44.2K
136	136 iShares S&P 100 ETF OEF $22B	$205K	0.17%	1,190	–	–
137	137 Aflac AFL $57.2B	$203K	0.16%	3,675	–	–
138	138 Mondelez International MDLZ $79.5B	$203K	0.16%	3,267	–	–
139	139 Illinois Tool Works ITW $77.1B	$200K	0.16%	1,100 +100	+10%	+$18.2K
140	140 Walt Disney DIS $213B	–	–	-2,339	Closed	-$321K
141	141 iShares Russell Top 200 Growth ETF IWY $14.8B	–	–	-1,401	Closed	-$223K
142	142 Altria Group MO $113B	–	–	-4,425	Closed	-$231K
143	143 Roblox RBLX $86.4B	–	–	-7,960	Closed	-$368K
144	144 First Trust Rising Dividend Achievers ETF RDVY $16.4B	–	–	-4,676	Closed	-$229K
145	145 Shopify SHOP $184B	–	–	-571	Closed	-$386K
146	146 Teladoc Health TDOC $1.37B	–	–	-3,135	Closed	-$226K
147	147 TSMC TSM $1.2T	–	–	-2,410	Closed	-$251K
148	148 Upstart Holdings UPST $7.05B	–	–	-3,870	Closed	-$422K
149	149 Innovator IBD 50 ETF FFTY $73.3M	–	–	-5,867	Closed	-$229K
150	150 iShares Russell 1000 ETF IWB $43.2B	–	–	-955	Closed	-$239K