ACM

Avalon Capital Management Portfolio holdings

AUM $344M

AUM

$344M

AUM Growth

+$34.4M (+11%)

Cap. Flow

+$96.9M

Cap. Flow % of AUM

28.13%

Top 10 Holdings %Top 10 Hldgs %

41.31%

Holding

160

New

Increased

Reduced

Closed

Top Buys

1	SPDR Bloomberg Barclays International Treasury Bond ETF BWX	$11.8M
2	VanEck Gold Miners ETF GDX	$10.3M
3	iShares China Large-Cap ETF FXI	$8.13M
4	KraneShares CSI China Internet ETF KWEB	$7.13M
5	Goldman Sachs Access Ultra Short Bond ETF GSST	$5.88M

Top Sells

1	VanEck Semiconductor ETF SMH	$4.63M
2	Microsoft MSFT	$3.22M
3	Amazon AMZN	$2.38M
4	WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW	$1.71M
5	iShares MSCI USA Quality Factor ETF QUAL	$1.56M

Sector Composition

1	Technology	12.64%
2	Communication Services	11.6%
3	Consumer Discretionary	4.32%
4	Financials	3.34%
5	Healthcare	1.59%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
126	126 Direxion Daily S&P 500 Bear 3x Shares SPXS $415M	$79.7K	0.02%	11,197	New	+$79.7K
127	127 JPMorgan Nasdaq Equity Premium Income ETF JEPQ $25.9B	$0	0%	0 -86,843	Closed	–
128	128 Agilent Technologies A $31.6B	$0	0%	0 -3,913	Closed	–
129	129 Adobe ADBE $176B	$0	0%	0 -1,085	Closed	–
130	130 Advanced Micro Devices AMD $186B	$0	0%	0 -3,912	Closed	–
131	131 Brookfield Infrastructure Partners BIP $15.4B	$0	0%	0 -21,751	Closed	–
132	132 Vanguard Total International Bond ETF BNDX $66B	$0	0%	0 -45,182	Closed	–
133	133 Copart CPRT $51B	$0	0%	0 -4,072	Closed	–
134	134 Walt Disney DIS $202B	$0	0%	0 -20,618	Closed	–
135	135 Denison Mines DNN $1.52B	$0	0%	0 -11,170	Closed	–
136	136 Eaton ETN $128B	$0	0%	0 -608	Closed	–
137	137 Edwards Lifesciences EW $44.7B	$0	0%	0 -4,479	Closed	–
138	138 iShares MSCI Japan ETF EWJ $15B	$0	0%	0 -14,397	Closed	–
139	139 VanEck IG Floating Rate ETF FLTR $2.38B	$0	0%	0 -98,861	Closed	–
140	140 VanEck India Growth Leaders ETF GLIN $135M	$0	0%	0 -29,840	Closed	–
141	141 GS ActiveBeta US Small Cap Equity ETF GSSC $528M	$0	0%	0 -4,981	Closed	–
142	142 iShares Bitcoin Trust IBIT $69B	$0	0%	0 -8,000	Closed	–
143	143 iShares North American Natural Resources ETF IGE $596M	$0	0%	0 -15,441	Closed	–
144	144 iShares Expanded Tech-Software Sector ETF IGV $11.4B	$0	0%	0 -21,566	Closed	–
145	145 iShares Russell Mid-Cap Growth ETF IWP $18.5B	$0	0%	0 -28,031	Closed	–
146	146 Innovator US Small Cap Power Buffer ETF January KJAN $298M	$0	0%	0 -89,797	Closed	–
147	147 Mercado Libre MELI $130B	$0	0%	0 -128	Closed	–
148	148 Merck MRK $195B	$0	0%	0 -6,604	Closed	–
149	149 ServiceNow NOW $213B	$0	0%	0 -680	Closed	–
150	150 GMO US Quality ETF QLTY $1.84B	$0	0%	0 -8,019	Closed	–