Apella Capital Portfolio holdings

AUM $2.91B

AUM

$2.91B

AUM Growth

+$307M (+12%)

Cap. Flow

+$401M

Cap. Flow % of AUM

13.77%

Top 10 Holdings %Top 10 Hldgs %

42.91%

Holding

398

New

Increased

209

Reduced

Closed

Top Buys

1	Dimensional Short-Duration Fixed Income ETF DFSD	$48.5M
2	Dimensional US Core Equity 2 ETF DFAC	$38.7M
3	Dimensional Global ex US Core Fixed Income ETF DFGX	$31.7M
4	Dimensional US High Profitability ETF DUHP	$28.6M
5	Vanguard Russell 1000 ETF VONE	$22.5M

Top Sells

1	Vanguard Total International Bond ETF BNDX	$22.8M
2	Vanguard Mega Cap 300 Index ETF MGC	$16.5M
3	iShares MSCI USA Momentum Factor ETF MTUM	$12.8M
4	Vanguard Short-Term Bond ETF BSV	$9.15M
5	Schwab Short-Term US Treasury ETF SCHO	$8.03M

Sector Composition

1	Technology	2.98%
2	Healthcare	0.97%
3	Industrials	0.94%
4	Financials	0.85%
5	Consumer Discretionary	0.59%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Avantis International Equity ETF AVDE $6.89B	$26M	0.89%	409,567 +153,020	+60%	+$9.72M
27	27 Avantis International Small Cap Value ETF AVDV $8.91B	$25.4M	0.87%	380,837 +98,699	+35%	+$6.57M
28	28 Vanguard FTSE All-World ex-US Small-Cap Index Fund VSS $8.77B	$24.2M	0.83%	218,001 -51,847	-19%	-$5.75M
29	29 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.8B	$23.4M	0.8%	469,607 -15,505	-3%	-$771K
30	30 Apple AAPL $2.92T	$22.6M	0.78%	113,837 +35,328	+45%	+$7.03M
31	31 iShares National Muni Bond ETF MUB $38.8B	$22.1M	0.76%	213,479 -29,423	-12%	-$3.04M
32	32 Dimensional US Large Cap Value ETF DFLV $3.31B	$20.8M	0.71%	719,582 +451,215	+168%	+$13M
33	33 iShares Core MSCI EAFE ETF IEFA $138B	$19.2M	0.66%	263,008 +190,453	+262%	+$13.9M
34	34 Dimensional US Marketwide Value ETF DFUV $11B	$18.9M	0.65%	485,458 -1,051	-0.2%	-$41K
35	35 iShares MSCI USA Quality Factor ETF QUAL $49.9B	$18.8M	0.64%	113,352 -34,819	-24%	-$5.77M
36	36 Dimensional International High Profitability ETF DIHP $3.87B	$18.4M	0.63%	707,883 +433,073	+158%	+$11.2M
37	37 Vanguard Intermediate-Term Corporate Bond ETF VCIT $52.8B	$17.9M	0.62%	222,191 -15,511	-7%	-$1.25M
38	38 iShares MSCI USA Min Vol Factor ETF USMV $24B	$17.9M	0.61%	198,936 -65,590	-25%	-$5.89M
39	39 Avantis US Equity ETF AVUS $8.13B	$16.8M	0.58%	189,041 -1,520	-0.8%	-$135K
40	40 Vanguard Tax-Exempt Bond Index Fund VTEB $35.5B	$16.4M	0.56%	337,840 +37,789	+13%	+$1.83M
41	41 iShares Core Total USD Bond Market ETF IUSB $32.7B	$14.6M	0.5%	319,588 +193,899	+154%	+$8.84M
42	42 Vanguard Mid-Cap ETF VO $78.5B	$14.1M	0.49%	57,317 +6,002	+12%	+$1.48M
43	43 Vanguard Russell 1000 Growth ETF VONG $26.8B	$13.4M	0.46%	145,393 +139,847	+2,522%	+$12.9M
44	44 iShares MSCI Intl Momentum Factor ETF IMTM $2.87B	$13.3M	0.46%	344,465 -113,482	-25%	-$4.39M
45	45 iShares Core S&P Mid-Cap ETF IJH $91B	$13.2M	0.45%	236,528 +228,795	+2,959%	+$12.8M
46	46 Vanguard S&P 500 ETF VOO $644B	$13.2M	0.45%	26,491 +17,301	+188%	+$8.64M
47	47 iShares iBonds Dec 2025 Term Treasury ETF IBTF $2.11B	$13M	0.44%	555,538 +540,296	+3,545%	+$12.6M
48	48 SPDR Portfolio Aggregate Bond ETF SPAB $8.74B	$12.9M	0.44%	510,167 +418,413	+456%	+$10.6M
49	49 Vanguard Small-Cap ETF VB $60.3B	$12.6M	0.43%	59,585 +4,012	+7%	+$851K
50	50 Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM $962M	$12.6M	0.43%	401,492 -128,729	-24%	-$4.05M