AFA

Arlington Financial Advisors Portfolio holdings

AUM $569M

AUM

$569M

AUM Growth

+$66M (+13%)

Cap. Flow

+$83.6M

Cap. Flow % of AUM

14.69%

Top 10 Holdings %Top 10 Hldgs %

44.46%

Holding

115

New

23

Increased

58

Reduced

21

Closed

7

Top Buys

1	JPMorgan Core Plus Bond ETF JCPB	$24M
2	Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	$18.4M
3	JPMorgan Global Select Equity ETF JGLO	$16M
4	JPMorgan Active Value ETF JAVA	$3.05M
5	Vanguard Total Stock Market ETF VTI	$2.88M

Top Sells

1	Schwab Fundamental International Large Company Index ETF FNDF	$4.69M
2	Vanguard FTSE Developed Markets ETF VEA	$4.4M
3	Avantis US Small Cap Value ETF AVUV	$1.42M
4	Invesco FTSE RAFI Developed Markets ex-US ETF PXF	$583K
5	Invesco FTSE RAFI US 1500 Small-Mid ETF PRFZ	$328K

Sector Composition

1	Technology	5.74%
2	Financials	4.55%
3	Healthcare	4.24%
4	Consumer Discretionary	3.3%
5	Communication Services	2.29%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
101	101 SPDR Portfolio Corporate Bond ETF SPBO $1.51B	$240K	0.04%	8,264	–	–
102	102 Netflix NFLX $516B	$234K	0.04%	251	New	+$234K
103	103 iShares Core S&P Small-Cap ETF IJR $77.4B	$228K	0.04%	2,179	New	+$228K
104	104 Schwab International Equity ETF SCHF $48B	$222K	0.04%	11,240	New	+$222K
105	105 Schwab US Mid-Cap ETF SCHM $11.2B	$210K	0.04%	8,013 -231	-3%	-$6.05K
106	106 iShares Global 100 ETF IOO $6.4B	$210K	0.04%	2,177	–	–
107	107 AppFolio APPF $8.13B	$209K	0.04%	952	–	–
108	108 NeoVolta NEOV $99.3M	$126K	0.02%	58,000	New	+$126K
109	109 McDonald's MCD $216B	$0	0%	0 -1,911	Closed	–
110	110 iShares MSCI Emerging Markets ETF EEM $17.7B	$0	0%	0 -16,019	Closed	–
111	111 iShares Intermediate Government/Credit Bond ETF GVI $3.37B	$0	0%	0 -54,984	Closed	–
112	112 iShares Core MSCI Emerging Markets ETF IEMG $90.6B	$0	0%	0 -22,982	Closed	–
113	113 MSCI MSCI $42B	$0	0%	0 -350	Closed	–
114	114 Vertiv VRT $42.3B	$0	0%	0 -5,150	Closed	–
115	115 SPDR S&P Pharmaceuticals ETF XPH $143M	$0	0%	0 -6,762	Closed	–