Apeiron RIA Portfolio holdings

AUM $331M

AUM

$331M

AUM Growth

-$26.7M (-7%)

Cap. Flow

-$12.6M

Cap. Flow % of AUM

-3.8%

Top 10 Holdings %Top 10 Hldgs %

33.54%

Holding

217

New

Increased

Reduced

105

Closed

Top Buys

1	SEIE SEI Select International Equity ETF SEIE	$8.45M
2	SEEM SEI Select Emerging Markets Equity ETF SEEM	$3.35M
3	BlackRock Flexible Income ETF BINC	$2.67M
4	SEIS SEI Select Small Cap ETF SEIS	$2.54M
5	iShares Currency Hedged MSCI EAFE ETF HEFA	$1.82M

Top Sells

1	iShares Core S&P 500 ETF IVV	$18.5M
2	iShares S&P 500 Growth ETF IVW	$5.14M
3	BlackRock US Equity Factor Rotation ETF DYNF	$4.97M
4	iShares MSCI USA Quality Factor ETF QUAL	$4.39M
5	iShares MSCI Emerging Markets ex China ETF EMXC	$2.03M

Sector Composition

1	Technology	4.59%
2	Financials	1.92%
3	Healthcare	1.77%
4	Consumer Staples	1.5%
5	Consumer Discretionary	1.48%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR Portfolio S&P 500 ETF SPLG $68.6B	$15.6M	4.7%	236,604 -130	-0.1%	-$8.55K
2	2 iShares Core Total USD Bond Market ETF IUSB $32.2B	$13.9M	4.19%	301,047 +1,895	+0.6%	+$87.3K
3	3 Dimensional International Value ETF DFIV $11.7B	$13M	3.93%	329,992 +4,107	+1%	+$162K
4	4 iShares National Muni Bond ETF MUB $38.5B	$12M	3.62%	113,604 +6,062	+6%	+$639K
5	5 Avantis US Small Cap Value ETF AVUV $15.5B	$10.9M	3.29%	124,849 +1,437	+1%	+$125K
6	6 Vanguard High Dividend Yield ETF VYM $59.5B	$10.3M	3.12%	80,134 -4,999	-6%	-$645K
7	7 iShares MSCI EAFE Value ETF EFV $25.5B	$9.19M	2.78%	155,908 +22,382	+17%	+$1.32M
8	8 JPMorgan US Value Factor ETF JVAL $544M	$8.94M	2.7%	215,842 +4,029	+2%	+$167K
9	9 Avantis International Small Cap Value ETF AVDV $9.19B	$8.72M	2.64%	124,998 +463	+0.4%	+$32.3K
10	SEIE 10 SEI Select International Equity ETF SEIE $610M	$8.45M	2.55%	321,713	New	+$8.45M
11	11 iShares S&P 500 Growth ETF IVW $57.6B	$7.12M	2.15%	76,672 -55,353	-42%	-$5.14M
12	12 iShares MSCI USA Quality Factor ETF QUAL $52B	$6.73M	2.04%	39,394 -25,685	-39%	-$4.39M
13	13 BlackRock US Equity Factor Rotation ETF DYNF $17.7B	$6.35M	1.92%	130,214 -101,827	-44%	-$4.97M
14	14 Vanguard International High Dividend Yield ETF VYMI $10.5B	$6.24M	1.89%	84,664 -3,598	-4%	-$265K
15	15 WisdomTree US MidCap Dividend Fund DON $3.63B	$5.72M	1.73%	115,539 -2,471	-2%	-$122K
16	16 Avantis Emerging Markets Value ETF AVES $702M	$5.56M	1.68%	117,922 +2,301	+2%	+$109K
17	17 BlackRock Flexible Income ETF BINC $9.26B	$5.48M	1.66%	104,684 +51,066	+95%	+$2.67M
18	18 iShares MSCI EAFE Growth ETF EFG $13.2B	$5.3M	1.6%	53,010 -5,972	-10%	-$597K
19	19 Schwab US Aggregate Bond ETF SCHZ $8.45B	$5.26M	1.59%	227,189 +45,161	+25%	+$1.05M
20	20 JPMorgan Ultra-Short Income ETF JPST $31B	$4.6M	1.39%	90,775 -681	-0.7%	-$34.5K
21	21 iShares S&P 500 Value ETF IVE $38.2B	$4.35M	1.32%	22,849 -6,732	-23%	-$1.28M
22	22 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.2B	$3.82M	1.15%	56,154 +559	+1%	+$38K
23	23 iShares MBS ETF MBB $37.9B	$3.71M	1.12%	39,562 +528	+1%	+$49.5K
24	24 Microsoft MSFT $3.43T	$3.51M	1.06%	9,357 -344	-4%	-$129K
25	SEEM 25 SEI Select Emerging Markets Equity ETF SEEM $237M	$3.35M	1.01%	135,144	New	+$3.35M