FOR

Family Office Research Portfolio holdings

AUM $205M

AUM

$205M

AUM Growth

-$22.8M (-10%)

Cap. Flow

-$3.57M

Cap. Flow % of AUM

-1.74%

Top 10 Holdings %Top 10 Hldgs %

74.71%

Holding

79

New

4

Increased

27

Reduced

33

Closed

9

Top Buys

1	Vanguard S&P 500 ETF VOO	$1.48M
2	Avantis US Equity ETF AVUS	$1.41M
3	iMGP DBi Managed Futures Strategy ETF DBMF	$633K
4	Janus Henderson AAA CLO ETF JAAA	$482K
5	Dimensional US Core Equity 2 ETF DFAC	$391K

Top Sells

1	US Treasury 3 Month Bill ETF TBIL	$2.54M
2	Marriot International MAR	$2.07M
3	CareDx CDNA	$1.24M
4	iShares US Small Cap Equity Factor ETF SMLF	$563K
5	Dimensional US Core Equity Market ETF DFAU	$419K

Sector Composition

1	Consumer Discretionary	25.35%
2	Industrials	3.77%
3	Technology	1.98%
4	Financials	0.6%
5	Communication Services	0.6%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
76	76 SPDR S&P Kensho New Economies Composite ETF KOMP $2.21B	$0	0%	0 -4,320	Closed	–
77	77 Reaves Utility Income Fund UTG $3.08B	$0	0%	0 -7,626	Closed	–
78	78 Vanguard Small-Cap ETF VB $61.5B	$0	0%	0 -1,313	Closed	–
79	79 Exxon Mobil XOM $483B	$0	0%	0 -2,044	Closed	–