DWA

Delap Wealth Advisory Portfolio holdings

AUM $208M

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4

This Quarter Return

+10.9%

1 Year Return

+14.45%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$247M

AUM Growth

+$247M (+12%)

Cap. Flow

+$12.8M

Cap. Flow % of AUM

5.19%

Top 10 Holdings % Top 10 Hldgs %

40.07%

Holding

274

New

179

Increased

Reduced

Closed

Top Buys

1	Apple AAPL	$4.64M
2	NVIDIA NVDA	$4.06M
3	Amazon AMZN	$3.21M
4	Alphabet (Google) Class A GOOGL	$2.07M
5	Meta Platforms (Facebook) META	$1.82M

Top Sells

1	Microsoft MSFT	$14.2M
2	Vanguard FTSE Developed Markets ETF VEA	$11M
3	iShares Core S&P Total US Stock Market ETF ITOT	$9.79M
4	iShares Core MSCI International Developed Markets ETF IDEV	$6.42M
5	Vanguard Short-Term Bond ETF BSV	$4.55M

Sector Composition

1	Technology	18.74%
2	Consumer Discretionary	7.32%
3	Financials	6.42%
4	Healthcare	5.07%
5	Consumer Staples	4.25%

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 Goldman Sachs GS $220B	$216K	0.09%	+516	New	+$216K
227	227 Stryker SYK $148B	$214K	0.09%	599 -107	-15%	-$38.3K
228	228 Exelixis EXEL $9.98B	$214K	0.09%	+9,025	New	+$214K
229	229 Snowflake SNOW $76.4B	$213K	0.09%	+1,321	New	+$213K
230	230 Zimmer Biomet ZBH $20.7B	$212K	0.09%	+1,610	New	+$212K
231	231 FlexShares Quality Dividend Index Fund QDF $1.92B	$211K	0.09%	3,200 -3,200	-50%	-$211K
232	232 Applovin APP $165B	$211K	0.09%	+3,042	New	+$211K
233	233 Blackstone BX $130B	$210K	0.09%	+1,601	New	+$210K
234	234 Fortinet FTNT $58.7B	$210K	0.08%	+3,076	New	+$210K
235	235 Arista Networks ANET $172B	$209K	0.08%	+720	New	+$209K
236	IBDP 236 DELISTED iShares iBonds Dec 2024 Term Corporate ETF IBDP	$208K	0.08%	8,320 -8,320	-50%	-$208K
237	237 iShares iBonds Dec 2025 Term Corporate ETF IBDQ $2.86B	$207K	0.08%	8,350 -8,350	-50%	-$207K
238	238 Align Technology ALGN $9.55B	$207K	0.08%	+631	New	+$207K
239	239 MetLife MET $53.4B	$206K	0.08%	+2,777	New	+$206K
240	240 S&P Global SPGI $164B	$205K	0.08%	+483	New	+$205K
241	DFS 241 DELISTED Discover Financial Services DFS	$205K	0.08%	+1,562	New	+$205K
242	242 Automatic Data Processing ADP $121B	$204K	0.08%	+818	New	+$204K
243	243 Emcor EME $27.9B	$204K	0.08%	+582	New	+$204K
244	244 iShares iBonds Dec 2026 Term Corporate ETF IBDR $3.33B	$204K	0.08%	8,542 -8,542	-50%	-$204K
245	245 Nasdaq NDAQ $53.5B	$203K	0.08%	+3,215	New	+$203K
246	246 Essential Utilities WTRG $10.8B	$202K	0.08%	+5,462	New	+$202K
247	247 iShares iBonds Dec 2027 Term Corporate ETF IBDS $3.29B	$202K	0.08%	8,498 -8,498	-50%	-$202K
248	248 Truist Financial TFC $59.4B	$202K	0.08%	+5,180	New	+$202K
249	249 Everest Group EG $14.6B	$201K	0.08%	+506	New	+$201K
250	250 Super Micro Computer SMCI $23.7B	$201K	0.08%	+199	New	+$201K