GSC

G&S Capital Portfolio holdings

AUM $252M

1-Year Return 14.65%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4

This Quarter Return

+6.02%

1 Year Return

+14.65%

3 Year Return

+50.75%

5 Year Return

+107.41%

10 Year Return

–

AUM

$136M

AUM Growth

–

Cap. Flow

+$136M

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

38.66%

Holding

213

New

212

Increased

–

Reduced

–

Closed

–

Top Buys

1	Invesco S&P 500 Low Volatility ETF SPLV	$9.61M
2	iShares MSCI Emerging Markets ETF EEM	$5.79M
3	PIMCO Active Bond Exchange-Traded Fund BOND	$5.77M
4	Invesco Dorsey Wright Momentum ETF PDP	$5.71M
5	Invesco International BuyBack Achievers ETF IPKW	$5.08M

Top Sells

No sells this quarter

Sector Composition

1	Industrials	11.87%
2	Technology	10.2%
3	Financials	7.09%
4	Materials	6.17%
5	Energy	5.66%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
176	176 Occidental Petroleum OXY $45.2B	$8K	0.01%	+110	New	+$8K
177	177 Broadridge BR $29.4B	$7K	0.01%	+81	New	+$7K
178	178 Cleveland-Cliffs CLF $5.63B	$7K	0.01%	+1,000	New	+$7K
179	179 PACCAR PCAR $52B	$7K	0.01%	+150	New	+$7K
180	180 Sanofi SNY $113B	$7K	0.01%	+160	New	+$7K
181	PIV 181 DELISTED PWSHS S&P 500 HIGH QTY PORTF S&P HIGH QTY RKGS INDEX PIV	$7K	0.01%	+242	New	+$7K
182	182 Box BOX $4.75B	$6K	﹤0.01%	+300	New	+$6K
183	183 Home Depot HD $417B	$5K	﹤0.01%	+24	New	+$5K
184	JWN 184 DELISTED Nordstrom JWN	$5K	﹤0.01%	+100	New	+$5K
185	185 Prudential Financial PRU $37.2B	$5K	﹤0.01%	+44	New	+$5K
186	186 Manulife Financial MFC $52.1B	$4K	﹤0.01%	+172	New	+$4K
187	187 Financial Select Sector SPDR Fund XLF $53.2B	$4K	﹤0.01%	+160	New	+$4K
188	WLL 188 DELISTED Whiting Petroleum Corporation WLL	$4K	﹤0.01%	+2	New	+$4K
189	189 Ford F $46.7B	$3K	﹤0.01%	+242	New	+$3K
190	190 Kodak KODK $477M	$3K	﹤0.01%	+1,000	New	+$3K
191	191 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $11B	$3K	﹤0.01%	+81	New	+$3K
192	192 Allstate ALL $53.1B	$2K	﹤0.01%	+22	New	+$2K
193	193 Lumen LUMN $4.87B	$2K	﹤0.01%	+100	New	+$2K
194	194 Piper Sandler PIPR $5.79B	$2K	﹤0.01%	+24	New	+$2K
195	195 iShares TIPS Bond ETF TIP $13.6B	$2K	﹤0.01%	+20	New	+$2K
196	DNR 196 DELISTED Denbury Resources, Inc. DNR	$2K	﹤0.01%	+1,000	New	+$2K
197	197 MetLife MET $52.9B	$1K	﹤0.01%	+21	New	+$1K
198	198 Petrobras PBR $78.7B	$1K	﹤0.01%	+100	New	+$1K
199	199 Papa John's PZZA $1.58B	$1K	﹤0.01%	+13	New	+$1K
200	200 Bath & Body Works BBWI $6.06B	$1K	﹤0.01%	+17	New	+$1K