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

+8.15%

1 Year Return

+9.2%

3 Year Return

+27.53%

5 Year Return

–

10 Year Return

–

AUM

$487M

AUM Growth

+$41M (+9.2%)

Cap. Flow

+$5.81M

Cap. Flow % of AUM

1.19%

Top 10 Holdings % Top 10 Hldgs %

58.81%

Holding

2,039

New

116

Increased

658

Reduced

715

Closed

131

Top Buys

1	Schwab Fundamental US Large Company Index ETF FNDX	+$3.5M
2	Schwab Fundamental US Small Company Index ETF FNDA	+$1.73M
3	Schwab Fundamental International Large Company Index ETF FNDF	+$1.7M
4	SPDR Portfolio High Yield Bond ETF SPHY	+$1.02M
5	iShares 20+ Year Treasury Bond ETF TLT	+$987K

Top Sells

1	Invesco S&P 500 Low Volatility ETF SPLV	+$1.46M
2	iShares MSCI USA Momentum Factor ETF MTUM	+$1.34M
3	iShares Core S&P Small-Cap ETF IJR	+$1.23M
4	iShares MSCI USA Quality Factor ETF QUAL	+$1.11M
5	Vanguard Value ETF VTV	+$840K

Sector Composition

1	Technology	2.58%
2	Communication Services	0.95%
3	Healthcare	0.94%
4	Industrials	0.83%
5	Financials	0.8%

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
401	401 Portland General Electric POR $4.64B	$16.6K	﹤0.01%	384 +336	+700%	+$14.6K
402	402 Rio Tinto RIO $101B	$16.6K	﹤0.01%	223 +8	+4%	+$596
403	403 Sempra SRE $53.2B	$16.5K	﹤0.01%	221 +2	+0.9%	+$149
404	404 Autodesk ADSK $69.1B	$16.3K	﹤0.01%	67 +12	+22%	+$2.92K
405	405 DT Midstream DTM $10.8B	$16.3K	﹤0.01%	297 +37	+14%	+$2.03K
406	406 PTC PTC $24.5B	$16.3K	﹤0.01%	93	–	–
407	407 Atlassian TEAM $45.8B	$16.2K	﹤0.01%	68 -13	-16%	-$3.09K
408	408 Public Storage PSA $50.8B	$16.2K	﹤0.01%	53 -11	-17%	-$3.36K
409	409 Capital One COF $142B	$16.1K	﹤0.01%	123	–	–
410	410 CSX Corp CSX $59.5B	$16K	﹤0.01%	462 +30	+7%	+$1.04K
411	411 Super Micro Computer SMCI $26B	$15.9K	﹤0.01%	560 +10	+2%	+$284
412	412 Cooper Companies COO $13.4B	$15.9K	﹤0.01%	168	–	–
413	413 AES AES $9.05B	$15.8K	﹤0.01%	821 +607	+284%	+$11.7K
414	414 Prudential Financial PRU $37.1B	$15.7K	﹤0.01%	151 +30	+25%	+$3.11K
415	415 PayPal PYPL $62.7B	$15.7K	﹤0.01%	255 -204	-44%	-$12.5K
416	416 Dolby DLB $6.81B	$15.6K	﹤0.01%	181 +4	+2%	+$345
417	417 TE Connectivity TEL $62.1B	$15.6K	﹤0.01%	111 +9	+9%	+$1.27K
418	418 Group 1 Automotive GPI $6.11B	$15.5K	﹤0.01%	51 +2	+4%	+$609
419	419 Southwest Gas SWX $5.65B	$15.5K	﹤0.01%	244 +75	+44%	+$4.75K
420	420 Ternium TX $6.7B	$15.4K	﹤0.01%	363 -59	-14%	-$2.51K
421	421 Jabil JBL $22.9B	$15.4K	﹤0.01%	121	–	–
422	422 3M MMM $81.5B	$15.4K	﹤0.01%	169 -59	-26%	-$5.38K
423	423 Vishay Intertechnology VSH $2.05B	$15.3K	﹤0.01%	640 -132	-17%	-$3.16K
424	424 Coinbase COIN $81.5B	$15.3K	﹤0.01%	88 -18	-17%	-$3.13K
425	425 Consolidated Edison ED $34.9B	$15.3K	﹤0.01%	168 +27	+19%	+$2.46K