EFL

ERn Financial LLC Portfolio holdings

AUM $474M

This Quarter Return

-1.44%

1 Year Return

+13.19%

3 Year Return

+47.79%

5 Year Return

+68.55%

10 Year Return

–

AUM

$633M

AUM Growth

-$33.6M (-5%)

Cap. Flow

-$19.1M

Cap. Flow % of AUM

-3.01%

Top 10 Holdings %Top 10 Hldgs %

38.55%

Holding

195

New

Increased

Reduced

110

Closed

Top Buys

1	Vanguard FTSE Developed Markets ETF VEA	$1.96M
2	Pinnacle West Capital PNW	$1.54M
3	Invesco S&P 500 Quality ETF SPHQ	$1.41M
4	JPMorgan Core Plus Bond ETF JCPB	$1.4M
5	SPDR Portfolio Developed World ex-US ETF SPDW	$1.05M

Top Sells

1	Vanguard S&P 500 Growth ETF VOOG	$5.79M
2	Axon Enterprise AXON	$3.18M
3	First Trust Cloud Computing ETF SKYY	$2.21M
4	Apple AAPL	$1.91M
5	VanEck Semiconductor ETF SMH	$1.75M

Sector Composition

1	Technology	4.67%
2	Financials	2.06%
3	Consumer Discretionary	1.58%
4	Communication Services	1.23%
5	Healthcare	1.18%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Putnam Focused Large Cap Value ETF PVAL $4.06B	$6.74M	1.06%	176,994 +7,045	+4%	+$268K
27	27 iShares MSCI EAFE ETF EFA $67.2B	$6.25M	0.99%	76,425 -7,826	-9%	-$640K
28	28 SPDR Portfolio TIPS ETF SPIP $963M	$6.2M	0.98%	235,098 +4,356	+2%	+$115K
29	29 SPDR Portfolio Aggregate Bond ETF SPAB $8.55B	$6.12M	0.97%	239,491 +10,613	+5%	+$271K
30	30 SPDR S&P 600 Small Cap Growth ETF SLYG $3.57B	$6.01M	0.95%	72,363 -1,413	-2%	-$117K
31	31 Vanguard Russell 1000 Growth ETF VONG $30.9B	$5.87M	0.93%	63,221 +224	+0.4%	+$20.8K
32	32 Vanguard S&P 500 ETF VOO $726B	$5.44M	0.86%	10,578 -23	-0.2%	-$11.8K
33	33 iShares Core S&P Small-Cap ETF IJR $85.4B	$5.24M	0.83%	50,067 -4,726	-9%	-$494K
34	34 First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF FIXD $3.34B	$5.21M	0.82%	118,931 -1,804	-1%	-$79.1K
35	35 John Hancock Multifactor Large Cap ETF JHML $1.03B	$5.06M	0.8%	75,067 +11,340	+18%	+$765K
36	36 Avantis US Small Cap Value ETF AVUV $18.1B	$5.04M	0.8%	57,821 +1,071	+2%	+$93.4K
37	37 American Century Focused Dynamic Growth ETF FDG $348M	$4.93M	0.78%	54,269 -2,863	-5%	-$260K
38	38 Microsoft MSFT $3.77T	$4.75M	0.75%	12,641 -511	-4%	-$192K
39	39 NVIDIA NVDA $4.34T	$4.64M	0.73%	42,779 -3,826	-8%	-$415K
40	40 SPDR Portfolio S&P 500 ETF SPLG $82.7B	$4.41M	0.7%	67,123 +1,907	+3%	+$125K
41	41 Dimensional International Core Equity Market ETF DFAI $11.4B	$4.18M	0.66%	133,837 -4,525	-3%	-$141K
42	42 Invesco S&P 500 Quality ETF SPHQ $14.9B	$4.11M	0.65%	62,013 +21,283	+52%	+$1.41M
43	43 Invesco S&P 500 GARP ETF SPGP $2.77B	$3.88M	0.61%	38,893 +6,709	+21%	+$670K
44	44 Amazon AMZN $2.44T	$3.77M	0.6%	19,823 +594	+3%	+$113K
45	45 Tesla TSLA $1.1T	$3.59M	0.57%	13,858 -277	-2%	-$71.8K
46	46 JPMorgan Ultra-Short Municipal Income ETF JMST $4.35B	$3.53M	0.56%	69,512 +4,401	+7%	+$224K
47	47 Vanguard Value ETF VTV $144B	$3.51M	0.55%	20,318 -543	-3%	-$93.8K
48	48 PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund MUNI $2.09B	$3.23M	0.51%	62,694 +9,186	+17%	+$474K
49	49 Pinnacle West Capital PNW $10.9B	$3.07M	0.49%	32,273 +16,200	+101%	+$1.54M
50	50 FT Vest US Equity Buffer ETF November FNOV $984M	$2.92M	0.46%	62,495 -2,979	-5%	-$139K