BA

Bellwether Advisors Portfolio holdings

AUM $479M

AUM

$479M

AUM Growth

-$80.5M (-14%)

Cap. Flow

-$46.4M

Cap. Flow % of AUM

-9.69%

Top 10 Holdings %Top 10 Hldgs %

52.92%

Holding

533

New

19

Increased

51

Reduced

103

Closed

19

Top Buys

1	Health Care Select Sector SPDR Fund XLV	$16.9M
2	iShares Russell Mid-Cap Value ETF IWS	$16.1M
3	iShares Russell Mid-Cap Growth ETF IWP	$15.7M
4	Innovator US Equity Power Buffer ETF December PDEC	$6.04M
5	Marvell Technology MRVL	$5M

Top Sells

1	Technology Select Sector SPDR Fund XLK	$24.5M
2	iShares US Consumer Staples ETF IYK	$14.4M
3	Financial Select Sector SPDR Fund XLF	$11.2M
4	The Communication Services Select Sector SPDR Fund XLC	$10.4M
5	Oracle ORCL	$7.32M

Sector Composition

1	Technology	10.83%
2	Financials	8.4%
3	Healthcare	4.05%
4	Industrials	2.42%
5	Consumer Discretionary	1.41%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
526	526 PPG Industries PPG $25.8B	$0	0%	0 -186	Closed	–
527	527 Invesco FTSE RAFI US 1500 Small-Mid ETF PRFZ $2.31B	$0	0%	0 -1,556	Closed	–
528	528 Rockwell Automation ROK $36.6B	$0	0%	0 -553	Closed	–
529	529 SPDR Dow Jones REIT ETF RWR $1.94B	$0	0%	0 -1,109	Closed	–
530	530 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB $9.21B	$0	0%	0 -5,535	Closed	–
531	531 Constellation Brands STZ $30.5B	$0	0%	0 -6	Closed	–
532	532 TJX Companies TJX $141B	$0	0%	0 -115	Closed	–
533	533 Thermo Fisher Scientific TMO $154B	$0	0%	0 -15	Closed	–