CGN Advisors Portfolio holdings

AUM $1.12B

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 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4

This Quarter Return

+7.19%

1 Year Return

+11.06%

3 Year Return

+35.74%

5 Year Return

–

10 Year Return

–

AUM

$568M

AUM Growth

+$568M (+43%)

Cap. Flow

+$144M

Cap. Flow % of AUM

25.3%

Top 10 Holdings % Top 10 Hldgs %

27.84%

Holding

238

New

Increased

141

Reduced

Closed

Top Buys

1	iShares Core 1-5 Year USD Bond ETF ISTB	$14.9M
2	SPDR Portfolio Short Term Corporate Bond ETF SPSB	$11.1M
3	iShares Core 5-10 Year USD Bond ETF IMTB	$11M
4	SPDR Portfolio Emerging Markets ETF SPEM	$8.36M
5	iShares Short-Term National Muni Bond ETF SUB	$7.46M

Top Sells

1	JPMorgan Core Plus Bond ETF JCPB	$5.91M
2	SPDR Portfolio Mortgage Backed Bond ETF SPMB	$4.23M
3	JPMorgan ActiveBuilders Emerging Markets Equity ETF JEMA	$3.56M
4	SPDR Portfolio Intermediate Term Treasury ETF SPTI	$3.1M
5	Schwab US Large-Cap Value ETF SCHV	$2.08M

Sector Composition

1	Technology	4.09%
2	Healthcare	3.22%
3	Financials	2.27%
4	Consumer Staples	1.69%
5	Industrials	1.59%

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
226	226 JPMorgan ActiveBuilders Emerging Markets Equity ETF JEMA $1.2B	–	–	-111,581	Closed	-$3.56M
227	227 JPMorgan Ultra-Short Municipal Income ETF JMST $4.4B	–	–	-4,703	Closed	-$237K
228	228 PIMCO Enhanced Low Duration Active Exchange-Traded Fund LDUR $946M	–	–	-8,851	Closed	-$838K
229	229 Lloyds Banking Group LYG $64.3B	–	–	-23,831	Closed	-$43K
230	230 Invesco S&P 500 Downside Hedged ETF PHDG $81.7M	–	–	-7,713	Closed	-$262K
231	231 Charles Schwab SCHW $174B	–	–	-3,000	Closed	-$216K
232	232 SPDR Blackstone Senior Loan ETF SRLN $7B	–	–	-27,671	Closed	-$1.13M
233	233 iShares 0-5 Year TIPS Bond ETF STIP $12.7B	–	–	-2,297	Closed	-$221K
234	234 iShares TIPS Bond ETF TIP $13.6B	–	–	-2,757	Closed	-$289K
235	235 SPDR DoubleLine Total Return Tactical ETF TOTL $3.86B	–	–	-23,409	Closed	-$941K
236	236 Invesco Variable Rate Preferred ETF VRP $2.17B	–	–	-16,228	Closed	-$355K
237	BSCM 237 DELISTED Invesco BulletShares 2022 Corporate Bond ETF BSCM	–	–	-12,725	Closed	-$270K
238	IBDN 238 DELISTED iShares iBonds Dec 2022 Term Corporate ETF IBDN	–	–	-52,668	Closed	-$1.32M