AAS

Annex Advisory Services Portfolio holdings

AUM $4.15B

This Quarter Return

+0.27%

1 Year Return

+23.28%

3 Year Return

+70.23%

5 Year Return

+110.83%

10 Year Return

+224.1%

AUM

$3.53B

AUM Growth

+$208M (+6%)

Cap. Flow

+$236M

Cap. Flow % of AUM

6.69%

Top 10 Holdings %Top 10 Hldgs %

39.71%

Holding

335

New

Increased

124

Reduced

126

Closed

Top Buys

1	Janus Henderson AAA CLO ETF JAAA	$174M
2	GFLW VictoryShares Free Cash Flow Growth ETF GFLW	$112M
3	iShares Global 100 ETF IOO	$105M
4	MFSI MFS Active International ETF MFSI	$56M
5	Harbor International Compounders ETF OSEA	$53.5M

Top Sells

1	JPMorgan US Quality Factor ETF JQUA	$132M
2	Avantis US Equity ETF AVUS	$115M
3	iShares AAA-A Rated Corporate Bond ETF QLTA	$114M
4	Avantis International Equity ETF AVDE	$75.9M
5	Applovin APP	$44.3M

Sector Composition

1	Technology	12.85%
2	Financials	6.73%
3	Consumer Discretionary	6.54%
4	Healthcare	4.87%
5	Communication Services	4.28%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 Cintas CTAS $86.1B	$19.5M	0.55%	94,639 -32,802	-26%	-$6.74M
52	52 GoDaddy GDDY $23.9B	$19.3M	0.55%	+106,931	New	+$19.3M
53	53 Spotify SPOT $146B	$18.9M	0.54%	+34,407	New	+$18.9M
54	54 Invesco National AMT-Free Municipal Bond ETF PZA $2.81B	$18.1M	0.51%	785,365 +73,329	+10%	+$1.69M
55	55 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.6B	$18M	0.51%	264,609 -10,735	-4%	-$730K
56	56 Interparfums IPAR $4.22B	$17.1M	0.49%	150,567 +32,177	+27%	+$3.66M
57	57 Vanguard Information Technology ETF VGT $96B	$16M	0.45%	29,461 -1,765	-6%	-$957K
58	58 Marsh & McLennan MMC $104B	$15.4M	0.44%	63,300 +1,288	+2%	+$314K
59	59 West Pharmaceutical WST $15.9B	$13.4M	0.38%	59,866 +11,218	+23%	+$2.51M
60	LB 60 LandBridge Company LLC LB $1.33B	$13.1M	0.37%	181,703 +163,662	+907%	+$11.8M
61	61 JPMorgan Chase JPM $796B	$12.9M	0.36%	52,395 -2,746	-5%	-$674K
62	62 AbbVie ABBV $329B	$12.1M	0.34%	57,664 -4,370	-7%	-$916K
63	63 WEC Energy WEC $33.4B	$12M	0.34%	110,377 -267	-0.2%	-$29.1K
64	64 Honeywell HON $151B	$10.9M	0.31%	51,283 +2,331	+5%	+$494K
65	65 Williams Companies WMB $71.3B	$10.6M	0.3%	177,471 +7,938	+5%	+$474K
66	66 Colgate-Palmolive CL $71.4B	$10.2M	0.29%	108,990 +32,085	+42%	+$3.01M
67	67 Abbott ABT $229B	$9.68M	0.27%	72,947 -81	-0.1%	-$10.7K
68	68 TSMC TSM $1.23T	$9.63M	0.27%	58,008 +4,858	+9%	+$806K
69	69 Super Micro Computer SMCI $31.7B	$8.56M	0.24%	250,073 +30,000	+14%	+$1.03M
70	70 Amer Sports AS $21.9B	$8.49M	0.24%	+317,654	New	+$8.49M
71	71 Goldman Sachs GS $216B	$8.06M	0.23%	14,761 +179	+1%	+$97.8K
72	72 Home Depot HD $357B	$7.6M	0.22%	20,740 -292	-1%	-$107K
73	73 Vanguard Small-Cap ETF VB $63.9B	$7.58M	0.21%	34,161 -32,886	-49%	-$7.29M
74	74 Eaton ETN $142B	$7.56M	0.21%	27,815 -418	-1%	-$114K
75	75 iShares MSCI USA Quality Factor ETF QUAL $52.7B	$7.55M	0.21%	44,158 -2,866	-6%	-$490K