AIP

Almanack Investment Partners Portfolio holdings

AUM $505M

AUM

$505M

AUM Growth

-$144M (-22%)

Cap. Flow

-$36.1M

Cap. Flow % of AUM

-7.16%

Top 10 Holdings %Top 10 Hldgs %

64.91%

Holding

204

New

Increased

Reduced

Closed

Top Buys

1	PIMCO 15+ Year US TIPS Index Exchange-Traded Fund LTPZ	$22.8M
2	Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	$20.9M
3	SPDR Euro Stoxx 50 ETF FEZ	$7.48M
4	iShares MSCI Global Metals & Mining Producers ETF PICK	$4.79M
5	iShares 0-3 Month Treasury Bond ETF SGOV	$3.14M

Top Sells

1	Gadsden Dynamic Multi-Asset ETF GDMA	$26.8M
2	Janus Henderson B-BBB CLO ETF JBBB	$22M
3	Schwab US Large-Cap Growth ETF SCHG	$9.49M
4	Vanguard Total World Stock ETF VT	$7.74M
5	Panagram BBB-B CLO ETF CLOZ	$6.17M

Sector Composition

1	Communication Services	9.5%
2	Technology	3.16%
3	Financials	1.72%
4	Consumer Discretionary	1.33%
5	Energy	0.93%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Gadsden Dynamic Multi-Asset ETF GDMA $124M	$119M	23.5%	3,695,325 -835,136	-18%	-$26.8M
2	2 Verizon VZ $181B	$42.5M	8.42%	937,051 -279	-0%	-$12.7K
3	3 iShares 0-3 Month Treasury Bond ETF SGOV $47.1B	$30.4M	6.02%	301,698 +31,178	+12%	+$3.14M
4	4 Schwab US Large- Cap ETF SCHX $54.4B	$25.1M	4.98%	1,137,768 -16,185	-1%	-$357K
5	5 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $15B	$24.8M	4.92%	497,537 +419,631	+539%	+$20.9M
6	6 PIMCO 15+ Year US TIPS Index Exchange-Traded Fund LTPZ $664M	$22.8M	4.53%	416,481	New	+$22.8M
7	7 abrdn Physical Gold Shares ETF SGOL $5.26B	$22.6M	4.49%	758,994 -132,626	-15%	-$3.95M
8	8 Vanguard Total Stock Market ETF VTI $479B	$16.8M	3.32%	60,960 +496	+0.8%	+$136K
9	9 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE $6.9B	$13.7M	2.71%	443,326 +8,078	+2%	+$249K
10	10 WisdomTree Floating Rate Treasury Fund USFR $18.9B	$10.3M	2.03%	203,724 +17,865	+10%	+$899K
11	11 WisdomTree US LargeCap Dividend Fund DLN $4.87B	$9.84M	1.95%	123,916 -11,791	-9%	-$936K
12	12 WisdomTree Japan Hedged Equity Fund DXJ $3.41B	$8.81M	1.75%	79,990 -572	-0.7%	-$63K
13	13 Vanguard Total World Stock ETF VT $46.3B	$8.02M	1.59%	69,161 -66,716	-49%	-$7.74M
14	14 SPDR Euro Stoxx 50 ETF FEZ $4.61B	$7.48M	1.48%	137,494	New	+$7.48M
15	15 Schwab US Broad Market ETF SCHB $33.1B	$7.44M	1.47%	345,531 -228,917	-40%	-$4.93M
16	16 Global X MLP ETF MLPA $1.81B	$6.53M	1.29%	122,727 +2,740	+2%	+$146K
17	17 Energy Select Sector SPDR Fund XLE $28.2B	$6.1M	1.21%	65,223 -1,622	-2%	-$152K
18	18 Apple AAPL $2.93T	$4.81M	0.95%	21,673 -1,952	-8%	-$434K
19	19 iShares MSCI Global Metals & Mining Producers ETF PICK $749M	$4.79M	0.95%	133,418	New	+$4.79M
20	20 SPDR S&P 500 ETF Trust SPY $632B	$4.18M	0.83%	7,470 -732	-9%	-$409K
21	21 Guggenheim Strategic Opportunities Fund GOF $2.38B	$3.58M	0.71%	229,647 +148,971	+185%	+$2.32M
22	22 Urban Outfitters URBN $6.1B	$3.39M	0.67%	64,642	–	–
23	23 iShares Treasury Floating Rate Bond ETF TFLO $6.99B	$3.21M	0.64%	63,325 +878	+1%	+$44.5K
24	24 NVIDIA NVDA $3.46T	$3.03M	0.6%	27,952 -7,040	-20%	-$763K
25	25 Microsoft MSFT $3.53T	$2.9M	0.58%	7,734 -732	-9%	-$275K