BIA

Bell Investment Advisors Portfolio holdings

AUM $582M

1-Year Return 9.2%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2021 Q4 2021 Q3

This Quarter Return

-9.66%

1 Year Return

+9.2%

3 Year Return

+27.53%

5 Year Return

–

10 Year Return

–

AUM

$326M

AUM Growth

–

Cap. Flow

+$326M

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

61.42%

Holding

1,879

New

1,878

Increased

–

Reduced

–

Closed

–

Top Buys

1	FlexShares iBoxx 3-Year Target Duration TIPS Index Fund TDTT	$38.8M
2	Schwab Short-Term US Treasury ETF SCHO	$26.9M
3	Vanguard Mortgage-Backed Securities ETF VMBS	$25M
4	iShares Core 60/40 Balanced Allocation ETF AOR	$23.6M
5	iShares Ultra Short Duration Bond Active ETF ICSH	$21.6M

Top Sells

No sells this quarter

Sector Composition

1	Technology	2.07%
2	Communication Services	1%
3	Healthcare	0.92%
4	Financials	0.7%
5	Consumer Staples	0.56%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
251	251 Duke Energy DUK $93.4B	$21K	0.01%	+197	New	+$21K
252	252 Fastenal FAST $55.3B	$21K	0.01%	+842	New	+$21K
253	253 General Mills GIS $26.8B	$21K	0.01%	+283	New	+$21K
254	254 Hologic HOLX $14.8B	$21K	0.01%	+307	New	+$21K
255	255 IDEX IEX $12.4B	$21K	0.01%	+118	New	+$21K
256	256 Cigna CI $80.3B	$20K	0.01%	+77	New	+$20K
257	257 Dell DELL $83.2B	$20K	0.01%	+437	New	+$20K
258	258 Fortinet FTNT $61.6B	$20K	0.01%	+355	New	+$20K
259	259 Liberty Media Series C FWONK $25.5B	$20K	0.01%	+330	New	+$20K
260	260 Idexx Laboratories IDXX $52.2B	$20K	0.01%	+57	New	+$20K
261	261 Lam Research LRCX $133B	$20K	0.01%	+470	New	+$20K
262	262 MGE Energy Inc MGEE $3.04B	$20K	0.01%	+251	New	+$20K
263	263 Motorola Solutions MSI $79.7B	$20K	0.01%	+95	New	+$20K
264	264 SBA Communications SBAC $20.5B	$20K	0.01%	+61	New	+$20K
265	265 Trimble TRMB $19.3B	$20K	0.01%	+346	New	+$20K
266	266 Arch Capital ACGL $33.9B	$19K	0.01%	+411	New	+$19K
267	267 Air Products & Chemicals APD $64.3B	$19K	0.01%	+77	New	+$19K
268	268 Alexandria Real Estate Equities ARE $14.6B	$19K	0.01%	+130	New	+$19K
269	269 Bank of New York Mellon BK $73.4B	$19K	0.01%	+463	New	+$19K
270	270 Vanguard Total Bond Market BND $135B	$19K	0.01%	+248	New	+$19K
271	271 CDW CDW $22B	$19K	0.01%	+121	New	+$19K
272	272 Dollar General DG $23.9B	$19K	0.01%	+77	New	+$19K
273	273 WisdomTree US MidCap Dividend Fund DON $3.83B	$19K	0.01%	+479	New	+$19K
274	274 McKesson MCK $86.7B	$19K	0.01%	+58	New	+$19K
275	275 Paychex PAYX $48.7B	$19K	0.01%	+163	New	+$19K