FMN

Financial Management Network Portfolio holdings

AUM $444M

AUM

$444M

AUM Growth

-$36.7M (-8%)

Cap. Flow

+$28.8M

Cap. Flow % of AUM

6.48%

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	Apple AAPL	$433K

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
26	26 Fidelity Fundamental Large Cap Growth ETF FFLG $414M	$4.76M	1.07%	240,053 +12,585	+6%	+$250K
27	27 Capital Group Global Growth Equity ETF CGGO $5.98B	$4.61M	1.04%	179,982 +11,590	+7%	+$297K
28	28 Avantis International Large Cap Value ETF AVIV $747M	$4.27M	0.96%	84,258 +35,521	+73%	+$1.8M
29	29 VanEck CLO ETF CLOI $1.08B	$4.2M	0.94%	80,644 +5,358	+7%	+$279K
30	30 iShares Gold Trust IAU $47.5B	$3.93M	0.88%	70,040 -2,377	-3%	-$133K
31	31 Ares Capital ARCC $15.1B	$3.71M	0.83%	192,019	New	+$3.71M
32	32 Fidelity Total Bond ETF FBND $18.6B	$3.58M	0.81%	79,031 +22,801	+41%	+$1.03M
33	33 Capital Group Short Duration Income ETF CGSD $1.24B	$3.45M	0.78%	133,891 +8,604	+7%	+$222K
34	34 Tesla TSLA $1.03T	$3.26M	0.73%	13,965 +3,204	+30%	+$747K
35	35 Vanguard Dividend Appreciation ETF VIG $91B	$3.22M	0.72%	18,330 +88	+0.5%	+$15.5K
36	36 Harbor Long-Term Growers ETF WINN $858M	$3.14M	0.71%	143,055 +7,366	+5%	+$162K
37	37 Pacer US Small Cap Cash Cows 100 ETF CALF $4.42B	$3.11M	0.7%	94,233 -134,312	-59%	-$4.43M
38	38 Berkshire Hathaway Class A BRK.A $1.06T	$2.95M	0.66%	4	–	–
39	39 iShares 1-3 Year Treasury Bond ETF SHY $24.2B	$2.91M	0.65%	35,169 +3,288	+10%	+$272K
40	40 EA Series Trust Strive Small-Cap ETF STXK $59.7M	$2.91M	0.65%	113,983 +4,121	+4%	+$105K
41	41 Vanguard California Tax-Exempt Bond ETF VTEC $959M	$2.8M	0.63%	28,987 -3,229	-10%	-$312K
42	42 Pacer Trendpilot 100 ETF PTNQ $1.24B	$2.74M	0.62%	40,792 +1,511	+4%	+$101K
43	43 Alphabet (Google) Class A GOOGL $2.15T	$2.65M	0.6%	18,084 +344	+2%	+$50.5K
44	44 Alphabet (Google) Class C GOOG $2.16T	$2.63M	0.59%	17,598 -185	-1%	-$27.6K
45	45 VanEck BDC Income ETF BIZD $1.43B	$2.54M	0.57%	178,368 +17,546	+11%	+$250K
46	46 JPMorgan Equity Premium Income ETF JEPI $40B	$2.35M	0.53%	45,300 -880	-2%	-$45.7K
47	47 Vanguard Real Estate ETF VNQ $33.9B	$2.21M	0.5%	26,895 -337	-1%	-$27.6K
48	48 Invesco QQQ Trust QQQ $342B	$2.2M	0.5%	5,203 -30	-0.6%	-$12.7K
49	49 Simon Property Group SPG $51.3B	$2.13M	0.48%	14,825 -322	-2%	-$46.2K
50	50 Strive 500 ETF STRV $879M	$2.05M	0.46%	63,102 +3,620	+6%	+$118K