FIBT

First International Bank & Trust Portfolio holdings

AUM $316M

AUM

$316M

AUM Growth

+$7.54M (+2%)

Cap. Flow

+$14.4M

Cap. Flow % of AUM

4.56%

Top 10 Holdings %Top 10 Hldgs %

77.69%

Holding

New

Increased

Reduced

Closed

Top Buys

1	iShares US Small Cap Equity Factor ETF SMLF	$11.9M
2	Invesco S&P MidCap Quality ETF XMHQ	$11M
3	Anfield Universal Fixed Income ETF AFIF	$9.1M
4	Janus Henderson AAA CLO ETF JAAA	$3.09M
5	VanEck Morningstar Wide Moat ETF MOAT	$1.92M

Top Sells

1	Schwab U.S Small- Cap ETF SCHA	$16.8M
2	SPDR Portfolio S&P 400 Mid Cap ETF SPMD	$5.99M
3	Invesco Fundamental High Yield Corporate Bond ETF PHB	$3.1M
4	SPDR S&P 500 ETF Trust SPY	$1.43M
5	Anfield US Equity Sector Rotation ETF AESR	$955K

Sector Composition

1	Technology	2.05%
2	Financials	1.9%
3	Consumer Staples	1.38%
4	Industrials	0.48%
5	Consumer Discretionary	0.47%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Anfield Universal Fixed Income ETF AFIF $135M	$76.5M	24.2%	8,309,480 +988,094	+14%	+$9.1M
2	2 VanEck Morningstar Wide Moat ETF MOAT $12.9B	$44.7M	14.14%	508,006 +21,797	+4%	+$1.92M
3	3 SPDR SSGA Multi-Asset Real Return ETF RLY $494M	$24.5M	7.75%	859,049 +15,608	+2%	+$445K
4	4 SPDR S&P 500 ETF Trust SPY $635B	$23.9M	7.56%	42,722 -2,548	-6%	-$1.43M
5	5 WisdomTree Japan Hedged Equity Fund DXJ $3.46B	$19.2M	6.09%	174,685 +3,207	+2%	+$353K
6	6 Anfield US Equity Sector Rotation ETF AESR $142M	$16.5M	5.21%	999,859 -57,889	-5%	-$955K
7	7 iShares US Small Cap Equity Factor ETF SMLF $1.74B	$11.9M	3.77%	191,796	New	+$11.9M
8	8 Invesco S&P MidCap Quality ETF XMHQ $4.99B	$11M	3.49%	120,499	New	+$11M
9	9 First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF LMBS $5B	$11M	3.47%	223,285 +12,297	+6%	+$605K
10	10 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $44.1B	$6.36M	2.01%	69,318 +4,679	+7%	+$429K
11	11 iShares Ultra Short Duration Bond Active ETF ICSH $6.12B	$6.34M	2%	125,028 +8,448	+7%	+$428K
12	12 JPMorgan Ultra-Short Income ETF JPST $31B	$6.34M	2%	125,189 +8,212	+7%	+$416K
13	13 SPDR Portfolio S&P 400 Mid Cap ETF SPMD $12.7B	$4.09M	1.29%	80,005 -117,000	-59%	-$5.99M
14	14 Schwab U.S Small- Cap ETF SCHA $17.1B	$4.02M	1.27%	171,781 -716,690	-81%	-$16.8M
15	15 PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund MUNI $2.03B	$3.94M	1.25%	76,478 +5,097	+7%	+$263K
16	16 Janus Henderson AAA CLO ETF JAAA $20.9B	$3.48M	1.1%	68,699 +61,032	+796%	+$3.09M
17	17 iShares National Muni Bond ETF MUB $38.5B	$2.89M	0.91%	27,380 +2,119	+8%	+$223K
18	18 SPDR Nuveen ICE Short Term Municipal Bond ETF SHM $3.39B	$2.81M	0.89%	59,076 +4,464	+8%	+$212K
19	19 Berkshire Hathaway Class A BRK.A $1.06T	$2.4M	0.76%	3	–	–
20	20 iShares 1-5 Year Investment Grade Corporate Bond ETF IGSB $21.1B	$2.28M	0.72%	43,460 +194	+0.5%	+$10.2K
21	21 Microsoft MSFT $3.5T	$2.01M	0.64%	5,355 -497	-8%	-$187K
22	22 iShares MSCI Global Min Vol Factor ETF ACWV $3.39B	$1.76M	0.56%	15,100	–	–
23	23 Costco COST $450B	$1.6M	0.51%	1,695 +365	+27%	+$345K
24	24 Walmart WMT $780B	$1.55M	0.49%	17,636 +3,955	+29%	+$347K
25	25 Berkshire Hathaway Class B BRK.B $1.06T	$1.52M	0.48%	2,849 +693	+32%	+$369K