Darrow Company Portfolio holdings

AUM $179M

This Quarter Return

-1.3%

1 Year Return

+3.3%

3 Year Return

+12.67%

5 Year Return

–

10 Year Return

–

AUM

$179M

AUM Growth

+$6.87M (+4%)

Cap. Flow

+$9.16M

Cap. Flow % of AUM

5.11%

Top 10 Holdings %Top 10 Hldgs %

60.11%

Holding

New

Increased

Reduced

Closed

–

Top Buys

1	Vanguard Russell 1000 Growth ETF VONG	$6.8M
2	Invesco S&P 500 Momentum ETF SPMO	$3.89M
3	SPDR S&P 500 ETF Trust SPY	$2.44M
4	Invesco QQQ Trust QQQ	$1.9M
5	WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW	$1.42M

Top Sells

1	VanEck Morningstar Wide Moat ETF MOAT	$8.27M
2	Vanguard High Dividend Yield ETF VYM	$1.73M
3	Invesco S&P 500 Equal Weight ETF RSP	$1.43M
4	SPDR S&P MidCap 400 ETF Trust MDY	$708K
5	Invesco S&P 500 GARP ETF SPGP	$58.1K

Sector Composition

1	Technology	0.86%
2	Communication Services	0.6%
3	Energy	0.22%
4	Consumer Discretionary	0.19%
5	Consumer Staples	0.13%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Invesco QQQ Trust QQQ $359B	$20.3M	11.33%	43,328 +4,055	+10%	+$1.9M
2	2 Vanguard Intermediate-Term Bond ETF BIV $23.2B	$15.8M	8.8%	205,978 +14,269	+7%	+$1.09M
3	3 iShares MSCI USA Min Vol Factor ETF USMV $23.8B	$15M	8.37%	160,202 +5,284	+3%	+$495K
4	4 Invesco S&P 500 GARP ETF SPGP $2.87B	$9.88M	5.51%	98,921 -582	-0.6%	-$58.1K
5	5 Vanguard Total Bond Market BND $131B	$9.51M	5.3%	129,488 +4,257	+3%	+$313K
6	6 Schwab Intermediately-Term US Treasury ETF SCHR $10.9B	$8.49M	4.74%	341,685 +9,333	+3%	+$232K
7	7 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $16.2B	$7.8M	4.35%	97,653 +17,755	+22%	+$1.42M
8	8 VanEck Morningstar Wide Moat ETF MOAT $13.2B	$7.58M	4.23%	86,143 -94,003	-52%	-$8.27M
9	9 Vanguard Russell 1000 Growth ETF VONG $30.3B	$6.8M	3.79%	+73,321	New	+$6.8M
10	10 iShares Currency Hedged MSCI EAFE ETF HEFA $6.4B	$6.64M	3.7%	182,877 +26,730	+17%	+$970K
11	11 Vanguard High Dividend Yield ETF VYM $62.6B	$6.47M	3.61%	50,191 -13,386	-21%	-$1.73M
12	12 iShares iBoxx $ High Yield Corporate Bond ETF HYG $16.9B	$6.07M	3.38%	76,902 -563	-0.7%	-$44.4K
13	13 iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB $15.6B	$6M	3.35%	114,300 +3,239	+3%	+$170K
14	14 Schwab Fundamental US Large Company Index ETF FNDX $19.1B	$5.87M	3.27%	248,825 +11,590	+5%	+$273K
15	15 Vanguard Short-Term Bond ETF BSV $38.3B	$5.4M	3.01%	69,003 +2,176	+3%	+$170K
16	16 Invesco S&P 500 Equal Weight ETF RSP $75.3B	$4.99M	2.78%	28,818 -8,279	-22%	-$1.43M
17	17 Victory Portfolios II VictoryShares Short-Term Bond ETF USTB $1.31B	$3.97M	2.21%	78,335 +15,543	+25%	+$787K
18	18 Invesco S&P 500 Momentum ETF SPMO $10.4B	$3.89M	2.17%	+42,011	New	+$3.89M
19	19 SPDR S&P 500 ETF Trust SPY $655B	$3.69M	2.06%	6,599 +4,358	+194%	+$2.44M
20	20 iShares Core S&P 500 ETF IVV $645B	$2.67M	1.49%	4,748 +30	+0.6%	+$16.9K
21	21 VanEck Fallen Angel High Yield Bond ETF ANGL $2.95B	$2.36M	1.31%	81,684 +2,530	+3%	+$73K
22	22 iShares Core MSCI Emerging Markets ETF IEMG $99.9B	$2.21M	1.23%	40,901 -683	-2%	-$36.9K
23	23 Vanguard Information Technology ETF VGT $97.8B	$1.83M	1.02%	3,363	–	–
24	24 iShares S&P Mid-Cap 400 Growth ETF IJK $9.14B	$1.69M	0.94%	20,249 +177	+0.9%	+$14.7K
25	25 Vanguard S&P 500 ETF VOO $704B	$1.53M	0.86%	3,003	–	–