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AAS
Annex Advisory Services Portfolio holdings
AUM
$5.86B
1-Year Est. Return
21.83%
This Fund
S&P 500
This Quarter
Est. Return
+1.71%
1 Year Est. Return
+21.83%
3 Year Est. Return
+77.88%
5 Year Est. Return
+84.59%
10 Year Est. Return
+291.37%
AUM
$5.24B
AUM Growth
+$537M
(+11%)
Cap. Flow
+$524M
Cap. Flow
% of AUM
10.02%
Top 10 Holdings %
Top 10 Hldgs %
34.59%
Holding
378
New
64
Increased
153
Reduced
119
Closed
21
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dimensional US Core Equity Market ETF
DFAU
|
+$133M |
| 2 |
Invesco Taxable Municipal Bond ETF
BAB
|
+$83.8M |
| 3 |
Invesco Ultra Short Duration ETF
GSY
|
+$78.2M |
| 4 |
GSWO
Goldman Sachs ActiveBeta World Equity ETF
GSWO
|
+$52.1M |
| 5 |
Goldman Sachs ActiveBeta International Equity ETF
GSIE
|
+$49.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GFLW
VictoryShares Free Cash Flow Growth ETF
GFLW
|
+$61.9M |
| 2 |
VictoryShares Free Cash Flow ETF
VFLO
|
+$54.5M |
| 3 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$45.3M |
| 4 |
State Street SPDR S&P Capital Markets ETF
KCE
|
+$42.6M |
| 5 |
Nutanix
NTNX
|
+$39.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.85% |
| 2 | Financials | 6.82% |
| 3 | Consumer Discretionary | 6.19% |
| 4 | Communication Services | 5.4% |
| 5 | Healthcare | 4.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Cardinal Health
CAH
$53.9B
| $616K | 0.01% |
2,998
+1,591
| +113% | +$299K |
|
227
Schwab US Broad Market ETF
SCHB
$43.2B
| $611K | 0.01% |
23,311
-1,404
| -6% | -$36.5K |
|
228
iShares Core S&P US Value ETF
IUSV
$27.2B
| $603K | 0.01% |
5,883
+17
| +0.3% | +$1.72K |
|
229
Winmark
WINA
$1.2B
| $602K | 0.01% |
1,488
-1,515
| -50% | -$648K |
|
230
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $594K | 0.01% |
11,418
-232
| -2% | -$12K |
|
231
CVS Health
CVS
$133B
| $588K | 0.01% |
+7,403
| New | +$584K |
|
232
iShares International Select Dividend ETF
IDV
$8.45B
| $586K | 0.01% |
14,856
-1,943
| -12% | -$73.6K |
|
233
Dover
DOV
$27.6B
| $580K | 0.01% |
2,968
+641
| +28% | +$117K |
|
234
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $579K | 0.01% |
4,108
-136
| -3% | -$19K |
|
235
JPMorgan US Quality Factor ETF
JQUA
$8.21B
| $574K | 0.01% |
9,084
-2,768
| -23% | -$174K |
|
236
AGNC Investment
AGNC
$12.4B
| $572K | 0.01% |
+53,385
| New | +$549K |
|
237
Xometry
XMTR
$4.74B
| $570K | 0.01% |
+9,579
| New | +$540K |
|
238
American Express
AXP
$227B
| $559K | 0.01% |
1,510
+237
| +19% | +$84.8K |
|
239
Vanguard Morningstar Value ETF
VTV
$188B
| $558K | 0.01% |
2,924
+1,386
| +90% | +$261K |
|
240
Merck
MRK
$322B
| $553K | 0.01% |
5,252
-1,448
| -22% | -$136K |
|
241
Illinois Tool Works
ITW
$82.6B
| $549K | 0.01% |
2,228
+786
| +55% | +$196K |
|
242
Phillips 66
PSX
$84.9B
| $539K | 0.01% |
4,176
-437
| -9% | -$58.8K |
|
243
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.6B
| $534K | 0.01% |
+5,983
| New | +$544K |
|
244
Invesco S&P International Developed Momentum ETF
IDMO
$4.08B
| $527K | 0.01% |
+9,488
| New | +$516K |
|
245
Rockwell Automation
ROK
$53.4B
| $525K | 0.01% |
1,350
-177
| -12% | -$66.5K |
|
246
Pentair
PNR
$10.4B
| $519K | 0.01% |
4,988
+41
| +0.8% | +$4.38K |
|
247
Arista Networks
ANET
$227B
| $515K | 0.01% |
3,929
+480
| +14% | +$66.1K |
|
248
Invesco National AMT-Free Municipal Bond ETF
PZA
$4.22B
| $494K | 0.01% |
21,312
-31,601
| -60% | -$735K |
|
249
Lowe's Companies
LOW
$117B
| $484K | 0.01% |
2,006
+34
| +2% | +$8.16K |
|
250
Bank of Montreal
BMO
$126B
| $481K | 0.01% |
3,704
+245
| +7% | +$31K |
|
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Annex Advisory Services's Q4 2025 Portfolio in Review
As of Q4 2025, Annex Advisory Services held 378 positions worth $5.24B, up 11% from $4.7B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Annex Advisory Services deployed $524M of net new capital in Q4 2025, opening 64 new positions and adding to 153 existing holdings. Its largest new stake was Dimensional US Core Equity Market ETF: 2,868,665 shares worth $134M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was VictoryShares Free Cash Flow Growth ETF, an estimated $61.9M trimmed.
- Annex Advisory Services's largest Q4 2025 buy was Dimensional US Core Equity Market ETF: 2,868,665 shares worth $134M.
- Annex Advisory Services added most to Goldman Sachs ActiveBeta International Equity ETF in Q4 2025, an estimated $49.8M increase.
- Annex Advisory Services's biggest Q4 2025 reduction was VictoryShares Free Cash Flow Growth ETF, cutting an estimated $61.9M.
- Annex Advisory Services fully exited State Street SPDR S&P Homebuilders ETF in Q4 2025, selling an estimated $45.3M.
- Annex Advisory Services's ten largest holdings make up 35% of its $5.24B portfolio in Q4 2025.
- Annex Advisory Services opened 64 new positions and closed 21 in Q4 2025.
- Annex Advisory Services's portfolio value rose 11% quarter-over-quarter to $5.24B.
Based on Annex Advisory Services's 13F filing for Q4 2025, filed 26 Jan 2026.