CIA

Capital Impact Advisors Portfolio holdings

AUM $332M

2025 Q2 2025 Q1 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4 2017 Q3 2017 Q2 2017 Q1 2016 Q4 2016 Q3 2016 Q2 2016 Q1 2015 Q4 2015 Q3 2015 Q2 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2013 Q4

This Quarter Return

+10.5%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$124M

AUM Growth

–

Cap. Flow

+$124M

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

15.12%

Holding

New

Increased

–

Reduced

–

Closed

–

Top Buys

1	Ambarella AMBA	$2.19M
2	United Therapeutics UTHR	$2.05M
3	HCR Hi-Crush Inc. Common Stock HCR	$2.01M
4	HCI Group HCI	$1.87M
5	Oracle ORCL	$1.83M

Top Sells

No sells this quarter

Sector Composition

1	Technology	20.42%
2	Consumer Discretionary	19.74%
3	Financials	14.44%
4	Healthcare	10.65%
5	Consumer Staples	8.87%

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
76	IXYS 76 DELISTED IXYS Corp IXYS	$1.06M	0.85%	+81,566	New	+$1.06M
77	FINL 77 DELISTED Finish Line FINL	$887K	0.71%	+31,484	New	+$887K
78	78 Microchip Technology MCHP $34.2B	$857K	0.69%	+19,157	New	+$857K
79	79 NETSCOUT NTCT $1.78B	$854K	0.69%	+28,870	New	+$854K
80	80 Clean Harbors CLH $12.9B	$854K	0.69%	+14,245	New	+$854K
81	81 Liquidity Services LQDT $824M	$853K	0.69%	+37,647	New	+$853K
82	OPLK 82 DELISTED OPLINK COMMUNICATIONS INC OPLK	$850K	0.68%	+45,714	New	+$850K
83	83 Zumiez ZUMZ $312M	$850K	0.68%	+32,706	New	+$850K
84	84 Molina Healthcare MOH $9.6B	$848K	0.68%	+24,390	New	+$848K
85	85 Alpha and Omega Semiconductor AOSL $834M	$848K	0.68%	+110,041	New	+$848K
86	86 Synchronoss Technologies SNCR $65.2M	$835K	0.67%	+26,882	New	+$835K
87	87 Under Armour UAA $2.17B	$826K	0.66%	+9,460	New	+$826K
88	88 Nike NKE $110B	$823K	0.66%	+10,466	New	+$823K
89	89 Travelzoo TZOO $102M	$811K	0.65%	+38,023	New	+$811K
90	BEAV 90 DELISTED B/E Aerospace Inc BEAV	$811K	0.65%	+9,319	New	+$811K
91	IPCM 91 DELISTED IPC HEALTHCARE INC COM DTD IPCM	$799K	0.64%	+13,459	New	+$799K
92	NEWS 92 DELISTED NewStar Financial, Inc. NEWS	$723K	0.58%	+40,670	New	+$723K
93	NATL 93 DELISTED National Interstate Corporation NATL	$321K	0.26%	+13,958	New	+$321K