APCM

Alaska Permanent Capital Management Portfolio holdings

AUM $1.19B

AUM

$1.19B

AUM Growth

-$30.7M (-3%)

Cap. Flow

+$14.9M

Cap. Flow % of AUM

1.26%

Top 10 Holdings %Top 10 Hldgs %

81.38%

Holding

New

Increased

Reduced

Closed

Top Buys

1	NYLI Hedge Multi-Strategy Tracker ETF QAI	$25.4M
2	iShares MSCI Europe Financials ETF EUFN	$17.3M
3	Invesco S&P SmallCap Quality ETF XSHQ	$12.9M
4	iShares Gold Trust IAU	$7.39M
5	FlexShares STOXX Global Broad Infrastructure Index Fund NFRA	$5.25M

Top Sells

1	iShares Core MSCI EAFE ETF IEFA	$16.8M
2	iShares Core S&P Small-Cap ETF IJR	$12.4M
3	iShares Core S&P 500 ETF IVV	$9.94M
4	Vanguard Total International Bond ETF BNDX	$5.87M
5	iShares Bloomberg Roll Select Commodity Strategy ETF CMDY	$5.45M

Sector Composition

Technology

0.02%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR S&P 500 ETF Trust SPY $624B	$248M	20.94%	444,257 -4,674	-1%	-$2.61M
2	2 Vanguard Total Bond Market BND $127B	$133M	11.2%	1,809,445 -33,275	-2%	-$2.44M
3	3 iShares Core S&P Mid-Cap ETF IJH $91.8B	$131M	11%	2,238,001 -66,622	-3%	-$3.89M
4	4 iShares Core MSCI EAFE ETF IEFA $140B	$94.2M	7.94%	1,246,118 -222,321	-15%	-$16.8M
5	5 FlexShares STOXX Global Broad Infrastructure Index Fund NFRA $2.51B	$72.4M	6.11%	1,258,776 +91,200	+8%	+$5.25M
6	6 iShares Core MSCI Emerging Markets ETF IEMG $87.5B	$69.8M	5.89%	1,295,819 +54,458	+4%	+$2.94M
7	7 Vanguard Total International Bond ETF BNDX $66.1B	$62.6M	5.28%	1,284,489 -120,507	-9%	-$5.87M
8	8 iShares Core S&P 500 ETF IVV $582B	$62.1M	5.24%	110,635 -17,703	-14%	-$9.94M
9	9 NYLI Hedge Multi-Strategy Tracker ETF QAI $697M	$46.6M	3.93%	1,488,474 +810,131	+119%	+$25.4M
10	10 iShares Core S&P Small-Cap ETF IJR $76.8B	$45.8M	3.86%	438,069 -118,373	-21%	-$12.4M
11	11 JPMorgan BetaBuilders MSCI US REIT ETF BBRE $901M	$44.8M	3.77%	475,983 +38,424	+9%	+$3.61M
12	12 iShares Bloomberg Roll Select Commodity Strategy ETF CMDY $251M	$34M	2.87%	656,434 -105,190	-14%	-$5.45M
13	13 iShares Core S&P Total US Stock Market ETF ITOT $67.3B	$29.3M	2.47%	240,329 -5,297	-2%	-$646K
14	14 iShares Intermediate Government/Credit Bond ETF GVI $3.38B	$21.2M	1.79%	200,416 +3,315	+2%	+$351K
15	15 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.9B	$20.8M	1.75%	417,364 -52,172	-11%	-$2.6M
16	16 iShares MSCI Europe Financials ETF EUFN $3.88B	$17.3M	1.45%	606,579	New	+$17.3M
17	17 iShares MSCI Japan ETF EWJ $15B	$14.7M	1.24%	214,764 +23,706	+12%	+$1.63M
18	18 Invesco S&P SmallCap Quality ETF XSHQ $321M	$12.9M	1.09%	326,650	New	+$12.9M
19	19 Vanguard Short-Term Bond ETF BSV $38.2B	$12M	1.01%	153,647 +6,709	+5%	+$525K
20	20 iShares Gold Trust IAU $46.1B	$7.39M	0.62%	125,736	New	+$7.39M
21	21 SPDR Nuveen Bloomberg Short Term Municipal Bond ETF SHM $3.39B	$2.23M	0.19%	46,871 +1,745	+4%	+$83.1K
22	22 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB $9.18B	$1.72M	0.14%	51,646 +1,479	+3%	+$49.2K
23	23 JPMorgan BetaBuilders Canada ETF BBCA $8.16B	$1.32M	0.11%	18,510 -760	-4%	-$54.3K
24	24 iShares iBonds 2026 Term High Yield and Income ETF IBHF $815M	$232K	0.02%	10,033	New	+$232K
25	25 NVIDIA NVDA $3.3T	$217K	0.02%	2,000	–	–