EFG

Elm3 Financial Group Portfolio holdings

AUM $114M

This Quarter Return

-3.95%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$114M

AUM Growth

-$3.47M (-3%)

Cap. Flow

+$2.61M

Cap. Flow % of AUM

2.3%

Top 10 Holdings %Top 10 Hldgs %

45.56%

Holding

105

New

Increased

Reduced

Closed

Top Buys

1	iShares MSCI USA Momentum Factor ETF MTUM	$4.26M
2	Amazon AMZN	$3.61M
3	Fidelity International Multifactor ETF FDEV	$876K
4	Home Depot HD	$846K
5	Blackstone Secured Lending BXSL	$785K

Top Sells

1	Invesco AAA CLO Floating Rate Note ETF ICLO	$3.68M
2	BlackRock Floating Rate Loan ETF BRLN	$1.09M
3	Janus Henderson AAA CLO ETF JAAA	$1.03M
4	Invesco QQQ Trust QQQ	$940K
5	BlackRock ETF Trust II iShares AAA CLO Active ETF CLOA	$736K

Sector Composition

1	Technology	16.21%
2	Consumer Discretionary	9%
3	Financials	6.73%
4	Healthcare	6.14%
5	Industrials	3.02%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Invesco AAA CLO Floating Rate Note ETF ICLO $320M	$8.45M	7.43%	331,625 -144,314	-30%	-$3.68M
2	2 Amazon AMZN $2.4T	$7.57M	6.65%	39,775 +18,976	+91%	+$3.61M
3	3 NVIDIA NVDA $4.2T	$5.54M	4.87%	51,099 -3,739	-7%	-$405K
4	4 Eli Lilly LLY $693B	$5.3M	4.66%	6,417 -478	-7%	-$395K
5	5 BlackRock Floating Rate Loan ETF BRLN $59.9M	$5.26M	4.62%	101,364 -21,076	-17%	-$1.09M
6	6 Microsoft MSFT $3.79T	$4.46M	3.92%	11,892 -1,049	-8%	-$394K
7	7 iShares MSCI USA Momentum Factor ETF MTUM $17.8B	$4.26M	3.74%	+21,066	New	+$4.26M
8	8 Apple AAPL $3.15T	$3.9M	3.43%	17,547 -74	-0.4%	-$16.4K
9	9 Invesco QQQ Trust QQQ $359B	$3.79M	3.33%	8,088 -2,004	-20%	-$940K
10	10 Invesco S&P MidCap Momentum ETF XMMO $4.08B	$3.31M	2.91%	29,068 +3,534	+14%	+$402K
11	11 Broadcom AVGO $1.33T	$3.08M	2.71%	18,425 -944	-5%	-$158K
12	12 Invesco NASDAQ 100 ETF QQQM $54.6B	$3.08M	2.71%	15,965 -1,939	-11%	-$374K
13	13 PIMCO Senior Loan Active Exchange-Traded Fund LONZ $739M	$2.46M	2.17%	48,896 -1,443	-3%	-$72.7K
14	14 W.R. Berkley WRB $26.1B	$2.02M	1.77%	28,362 -5,127	-15%	-$365K
15	15 Janus Henderson AAA CLO ETF JAAA $22.2B	$2.02M	1.77%	39,776 -20,382	-34%	-$1.03M
16	16 Blackstone Secured Lending BXSL $7.44B	$1.91M	1.67%	58,878 +24,245	+70%	+$785K
17	17 T. Rowe Price US High Yield ETF THYF $767M	$1.79M	1.57%	34,873 +3,899	+13%	+$200K
18	18 Home Depot HD $358B	$1.56M	1.37%	4,259 +2,307	+118%	+$846K
19	19 PIMCO Dynamic Income Fund PDI $7.18B	$1.51M	1.33%	76,381 -3,644	-5%	-$72.2K
20	20 PIMCO Corporate & Income Opportunity Fund PTY $2.57B	$1.44M	1.27%	99,634 +13,381	+16%	+$193K
21	21 Alphabet (Google) Class A GOOGL $2.25T	$1.41M	1.24%	9,112 -188	-2%	-$29.1K
22	22 Progressive PGR $144B	$1.35M	1.19%	4,783 -613	-11%	-$173K
23	23 Fidelity MSCI Information Technology Index ETF FTEC $14.5B	$1.23M	1.08%	7,599 -81	-1%	-$13.1K
24	24 Novo Nordisk NVO $286B	$1.09M	0.96%	15,756 -4,780	-23%	-$332K
25	25 JPMorgan US Quality Factor ETF JQUA $6.42B	$1.09M	0.96%	19,316 -1,041	-5%	-$58.8K