Bell Bank Portfolio holdings

AUM $2.15B

AUM

$1.85B

AUM Growth

+$508M (+38%)

Cap. Flow

+$523M

Cap. Flow % of AUM

28.22%

Top 10 Holdings %Top 10 Hldgs %

67.03%

Holding

198

New

Increased

Reduced

Closed

Top Buys

1	Vanguard Value ETF VTV	$213M
2	Vanguard Growth ETF VUG	$208M
3	Vanguard Total Stock Market ETF VTI	$41.3M
4	iShares Core S&P Mid-Cap ETF IJH	$38.6M
5	iShares Core S&P Small-Cap ETF IJR	$14.5M

Top Sells

1	iShares Core MSCI EAFE ETF IEFA	$39.1M
2	SPDR Bloomberg 1-3 Month T-Bill ETF BIL	$5.65M
3	UnitedHealth UNH	$2.21M
4	Vanguard High Dividend Yield ETF VYM	$2.01M
5	Rollins ROL	$912K

Sector Composition

1	Technology	5.94%
2	Healthcare	3.66%
3	Financials	3.22%
4	Consumer Staples	2.47%
5	Communication Services	2.47%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Meta Platforms (Facebook) META $1.8T	$11.1M	0.6%	19,240 +1,757	+10%	+$1.01M
27	27 AT&T T $194B	$10.9M	0.59%	384,065 +5,643	+1%	+$160K
28	28 Duke Energy DUK $91.3B	$10.7M	0.58%	87,629 +3,103	+4%	+$378K
29	29 Exxon Mobil XOM $497B	$10.3M	0.55%	86,417 +3,096	+4%	+$368K
30	30 Amgen AMGN $159B	$9.8M	0.53%	31,470 +737	+2%	+$230K
31	31 Pfizer PFE $146B	$9.29M	0.5%	366,542 +34,740	+10%	+$880K
32	32 Rio Tinto RIO $99.3B	$9.25M	0.5%	154,036 +11,805	+8%	+$709K
33	33 Chevron CVX $269B	$9.2M	0.5%	55,017 +2,166	+4%	+$362K
34	34 Huntington Bancshares HBAN $25.3B	$8.97M	0.48%	597,553 +39,083	+7%	+$587K
35	35 Prudential Financial PRU $37.5B	$8.83M	0.48%	79,039 +5,324	+7%	+$595K
36	36 Verizon VZ $175B	$8.78M	0.47%	193,656 +8,973	+5%	+$407K
37	37 TC Energy TRP $49.2B	$8.73M	0.47%	184,909 +9,167	+5%	+$433K
38	38 Conagra Brands CAG $9.26B	$8.29M	0.45%	310,831 +28,006	+10%	+$747K
39	39 United Parcel Service UPS $85.8B	$8.16M	0.44%	74,230 +6,424	+9%	+$707K
40	40 Archer Daniels Midland ADM $26.4B	$8.04M	0.43%	167,536 +16,558	+11%	+$795K
41	41 Kraft Heinz KHC $32.1B	$8.02M	0.43%	263,405 +25,911	+11%	+$788K
42	42 GSK GSK $77.4B	$7.56M	0.41%	195,082 +13,569	+7%	+$526K
43	43 LyondellBasell Industries LYB $20.7B	$7.52M	0.41%	106,802 +12,002	+13%	+$845K
44	44 US Bancorp USB $73.4B	$7.27M	0.39%	172,158 +166,374	+2,876%	+$7.02M
45	45 Kinder Morgan KMI $61.9B	$7.26M	0.39%	254,375 +13,482	+6%	+$385K
46	46 Crown Castle CCI $44.7B	$7.17M	0.39%	68,836 +4,763	+7%	+$496K
47	47 Unilever UL $149B	$7.13M	0.39%	119,753 +7,937	+7%	+$473K
48	48 Seagate STX $31.2B	$6.9M	0.37%	81,170 +4,328	+6%	+$368K
49	49 Alphabet (Google) Class A GOOGL $2.19T	$6.75M	0.36%	43,652 +3,905	+10%	+$604K
50	50 Dow Inc DOW $20.9B	$6.63M	0.36%	189,766 +28,520	+18%	+$996K