FMN

Financial Management Network Portfolio holdings

AUM $558M

This Quarter Return

-3.01%

1 Year Return

+11.09%

3 Year Return

+54.91%

5 Year Return

–

10 Year Return

–

AUM

$444M

AUM Growth

-$36.7M (-8%)

Cap. Flow

+$25.7M

Cap. Flow % of AUM

5.78%

Top 10 Holdings %Top 10 Hldgs %

44.9%

Holding

166

New

Increased

Reduced

Closed

Top Buys

1	iShares Core S&P Small-Cap ETF IJR	$4M
2	Ares Capital ARCC	$3.71M
3	iShares Core S&P 500 ETF IVV	$3.68M
4	Avantis US Small Cap Value ETF AVUV	$2.97M
5	BlackRock Flexible Income ETF BINC	$2.31M

Top Sells

1	Pacer US Small Cap Cash Cows 100 ETF CALF	$4.43M
2	Pacer Global Cash Cows Dividend ETF GCOW	$1.47M
3	Strive Emerging Markets ex-China ETF STXE	$551K
4	iShares Short Treasury Bond ETF SHV	$479K
5	ProShares Ultra Russell2000 UWM	$465K

Sector Composition

1	Technology	6%
2	Financials	4.9%
3	Consumer Discretionary	2.69%
4	Communication Services	1.65%
5	Industrials	1.01%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Core S&P 500 ETF IVV $657B	$44M	9.9%	86,849 +7,260	+9%	+$3.68M
2	2 VanEck Morningstar Wide Moat ETF MOAT $12.7B	$39.5M	8.89%	502,966 +5,372	+1%	+$422K
3	3 iShares Core S&P Mid-Cap ETF IJH $97.4B	$19.4M	4.36%	370,389 +43,625	+13%	+$2.28M
4	4 VanEck Morningstar SMID Moat ETF SMOT $419M	$16.2M	3.64%	555,222 +28,007	+5%	+$817K
5	5 iShares Core S&P Small-Cap ETF IJR $82.9B	$15.6M	3.51%	167,321 +42,830	+34%	+$4M
6	6 Avantis US Small Cap Value ETF AVUV $17.2B	$13.8M	3.11%	179,097 +38,513	+27%	+$2.97M
7	7 BlackRock Flexible Income ETF BINC $10.8B	$13.8M	3.1%	269,278 +45,062	+20%	+$2.31M
8	8 Avantis International Small Cap Value ETF AVDV $11.4B	$12.9M	2.9%	208,850 -4,147	-2%	-$256K
9	9 Pacer Global Cash Cows Dividend ETF GCOW $2.43B	$12.3M	2.78%	368,583 -43,924	-11%	-$1.47M
10	10 Vanguard Intermediate-Term Corporate Bond ETF VCIT $54.1B	$12M	2.71%	149,302 +9,150	+7%	+$737K
11	11 Apple AAPL $3.41T	$11.8M	2.66%	65,149 -2,387	-4%	-$433K
12	12 Capital Group International Focus Equity ETF CGXU $3.86B	$9.83M	2.21%	454,673 +6,652	+1%	+$144K
13	13 Vanguard Health Care ETF VHT $14.9B	$7.16M	1.61%	29,374 -1,557	-5%	-$379K
14	14 Avantis US Large Cap Value ETF AVLV $8B	$6.91M	1.56%	119,153 +36,096	+43%	+$2.09M
15	15 iShares 3-7 Year Treasury Bond ETF IEI $16.1B	$6.71M	1.51%	56,722 +2,124	+4%	+$251K
16	16 NVIDIA NVDA $4.47T	$6.13M	1.38%	62,821 +537	+0.9%	+$52.4K
17	17 iShares S&P 500 Growth ETF IVW $63.3B	$6.03M	1.36%	71,718 -482	-0.7%	-$40.5K
18	18 iShares Short Treasury Bond ETF SHV $20.9B	$5.99M	1.35%	54,391 -4,349	-7%	-$479K
19	19 Visa V $654B	$5.77M	1.3%	18,469 -800	-4%	-$250K
20	20 Microsoft MSFT $3.93T	$5.74M	1.29%	16,044 +82	+0.5%	+$29.3K
21	21 iShares Short Maturity Bond ETF NEAR $3.47B	$5.66M	1.27%	111,926 -3,239	-3%	-$164K
22	22 Avantis US Mid Cap Value ETF AVMV $247M	$5.49M	1.24%	100,291 +27,070	+37%	+$1.48M
23	23 Pacer US Cash Cows 100 ETF COWZ $19.8B	$5.33M	1.2%	109,569 -4,261	-4%	-$207K
24	24 iShares US Treasury Bond ETF GOVT $27.7B	$5.07M	1.14%	220,715 +14,618	+7%	+$335K
25	25 Amazon AMZN $2.36T	$4.84M	1.09%	27,641 +215	+0.8%	+$37.7K