We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|
1
Victory Portfolios II VictoryShares Core Plus Bond ETF
UBND
$1.97B
| $374M | 7.13% |
16,978,957
+491,114
| +3% | +$10.8M |
|
2
Avantis US Equity ETF
AVUS
$13.8B
| $275M | 5.26% |
2,464,437
-155,267
| -6% | -$17.1M |
|
3
ALPS Smith Core Plus Bond ETF
SMTH
$2.93B
| $182M | 3.47% |
6,974,911
+1,520,265
| +28% | +$39.8M |
|
4
Avantis Emerging Markets Equity ETF
AVEM
$24.6B
| $162M | 3.1% |
2,106,433
-80,170
| -4% | -$6.14M |
|
5
iShares Global 100 ETF
IOO
$8.61B
| $162M | 3.09% |
1,276,938
-65,556
| -5% | -$8.15M |
|
6
Avantis International Equity ETF
AVDE
$17.4B
| $155M | 2.97% |
1,887,261
-244,051
| -11% | -$19.6M |
|
|
7
Dimensional US Core Equity Market ETF
DFAU
$12.3B
| $134M | 2.56% |
+2,868,665
| New | +$133M |
|
8
NVIDIA
NVDA
$5.02T
| $134M | 2.56% |
718,014
+83,176
| +13% | +$15.5M |
|
9
Apple
AAPL
$4.89T
| $126M | 2.42% |
465,193
+49,301
| +12% | +$13.2M |
|
10
Amazon
AMZN
$2.69T
| $106M | 2.03% |
460,821
+29,823
| +7% | +$6.82M |
|
11
Meta Platforms (Facebook)
META
$1.69T
| $94.2M | 1.8% |
142,673
+6,022
| +4% | +$4.02M |
|
|
MFSI
12
MFS Active International ETF
MFSI
$1.13B
| $91.4M | 1.75% |
3,001,089
+211,680
| +8% | +$6.32M |
|
13
Harbor International Compounders ETF
OSEA
$471M
| $88.2M | 1.69% |
2,917,083
+225,974
| +8% | +$6.84M |
|
14
Dimensional International Core Equity 2 ETF
DFIC
$14.4B
| $86.7M | 1.66% |
2,515,017
+17,644
| +0.7% | +$589K |
|
15
iShares MBS ETF
MBB
$39.3B
| $86M | 1.64% |
903,008
+42,591
| +5% | +$4.06M |
|
16
TKO Group
TKO
$13.9B
| $83.4M | 1.59% |
399,014
-413
| -0.1% | -$80.3K |
|
|
17
Invesco Taxable Municipal Bond ETF
BAB
$1.04B
| $83.4M | 1.59% |
+3,065,649
| New | +$83.8M |
|
18
Microsoft
MSFT
$2.98T
| $78.8M | 1.51% |
163,014
+41,708
| +34% | +$20.9M |
|
19
Visa
V
$694B
| $78.7M | 1.5% |
224,298
+10,242
| +5% | +$3.49M |
|
|
20
Invesco Ultra Short Duration ETF
GSY
$3.83B
| $78.1M | 1.49% |
+1,554,711
| New | +$78.2M |
|
21
Broadcom
AVGO
$1.78T
| $75.7M | 1.45% |
218,730
+10,275
| +5% | +$3.67M |
|
|
GFLW
22
VictoryShares Free Cash Flow Growth ETF
GFLW
$859M
| $75.4M | 1.44% |
2,676,635
-2,176,048
| -45% | -$61.9M |
|
23
BlackRock US Equity Factor Rotation ETF
DYNF
$37.8B
| $74.3M | 1.42% |
1,222,445
+166,019
| +16% | +$9.98M |
|
24
ASML
ASML
$686B
| $70M | 1.34% |
65,470
+3,416
| +6% | +$3.56M |
|
25
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.35B
| $60.6M | 1.16% |
943,470
+204,732
| +28% | +$13.9M |
|
Similar funds
LIP
SC
CIC
JSSH
BSL
MWM
TCM
VAM
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.