GSEP

Golden State Equity Partners Portfolio holdings

AUM $540M

This Quarter Return

-1.58%

1 Year Return

+21.96%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$505M

AUM Growth

-$18.1M (-3%)

Cap. Flow

-$2.15M

Cap. Flow % of AUM

-0.43%

Top 10 Holdings %Top 10 Hldgs %

22.1%

Holding

477

New

Increased

181

Reduced

190

Closed

Top Buys

1	Fidelity Total Bond ETF FBND	$4.23M
2	Capital Group Core Equity ETF CGUS	$2.04M
3	Invesco S&P 500 Equal Weight ETF RSP	$1.59M
4	Antero Resources AR	$1.44M
5	iShares Currency Hedged MSCI EAFE ETF HEFA	$1.43M

Top Sells

1	Hartford Total Return Bond ETF HTRB	$4.39M
2	Apple AAPL	$3.42M
3	Schwab US Dividend Equity ETF SCHD	$1.67M
4	WisdomTree International Quality Dividend Growth Fund IQDG	$1.48M
5	WisdomTree International LargeCap Dividend Fund DOL	$1.33M

Sector Composition

1	Technology	18.26%
2	Financials	9.57%
3	Consumer Discretionary	5.27%
4	Healthcare	5.15%
5	Industrials	4.68%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Apple AAPL $3.44T	$22.6M	4.46%	101,547 -15,394	-13%	-$3.42M
2	2 NVIDIA NVDA $4.4T	$20.9M	4.14%	192,836 -7,141	-4%	-$774K
3	3 Microsoft MSFT $3.87T	$14.4M	2.85%	38,329 -708	-2%	-$266K
4	4 Amazon AMZN $2.46T	$9.25M	1.83%	48,642 -274	-0.6%	-$52.1K
5	5 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $16.3B	$8.51M	1.69%	106,610 -3,174	-3%	-$253K
6	6 SPDR Portfolio S&P 500 ETF SPLG $81.4B	$8.43M	1.67%	128,256 -20,199	-14%	-$1.33M
7	7 JPMorgan Chase JPM $799B	$7.87M	1.56%	32,084 -561	-2%	-$138K
8	8 Berkshire Hathaway Class B BRK.B $1.03T	$7.56M	1.5%	14,203 -468	-3%	-$249K
9	9 Alphabet (Google) Class A GOOGL $2.47T	$6.59M	1.31%	42,644 +169	+0.4%	+$26.1K
10	10 Salesforce CRM $232B	$5.6M	1.11%	20,860 +78	+0.4%	+$20.9K
11	11 Broadcom AVGO $1.44T	$5.55M	1.1%	33,177 -1,979	-6%	-$331K
12	12 Harbor Long-Term Growers ETF WINN $987M	$5.4M	1.07%	220,259 -17,763	-7%	-$435K
13	13 Vanguard S&P 500 ETF VOO $724B	$5.22M	1.03%	10,151 +436	+4%	+$224K
14	14 Invesco QQQ Trust QQQ $366B	$4.38M	0.87%	9,335 -1,297	-12%	-$608K
15	15 First Trust SMID Cap Rising Dividend Achievers ETF SDVY $8.52B	$4.32M	0.86%	129,077 +25,728	+25%	+$862K
16	16 RTX Corp RTX $206B	$4.31M	0.85%	32,530 -2,748	-8%	-$364K
17	17 Fidelity Total Bond ETF FBND $20B	$4.23M	0.84%	+92,736	New	+$4.23M
18	18 AbbVie ABBV $365B	$4.23M	0.84%	20,191 -363	-2%	-$76.1K
19	19 Walmart WMT $798B	$4.15M	0.82%	47,221 -3,197	-6%	-$281K
20	20 Visa V $669B	$3.92M	0.78%	11,176 -268	-2%	-$93.9K
21	21 Netflix NFLX $526B	$3.81M	0.75%	4,087 -228	-5%	-$213K
22	22 JPMorgan Equity Premium Income ETF JEPI $41.1B	$3.77M	0.75%	65,913 -2,001	-3%	-$114K
23	23 iShares Core US Aggregate Bond ETF AGG $128B	$3.7M	0.73%	37,380 -3,888	-9%	-$385K
24	24 iShares 0-3 Month Treasury Bond ETF SGOV $54B	$3.62M	0.72%	35,962 +8,090	+29%	+$814K
25	25 Merck MRK $210B	$3.6M	0.71%	40,103 +121	+0.3%	+$10.9K