GSEP

Golden State Equity Partners Portfolio holdings

AUM $505M

AUM

$505M

AUM Growth

-$18.1M (-3%)

Cap. Flow

+$18.8M

Cap. Flow % of AUM

3.72%

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	Apple AAPL	$3.42M
2	Schwab US Dividend Equity ETF SCHD	$1.67M
3	WisdomTree International Quality Dividend Growth Fund IQDG	$1.48M
4	SPDR Portfolio S&P 500 ETF SPLG	$1.33M
5	Target TGT	$1.28M

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
51	51 Wells Fargo WFC $235B	$2.36M	0.47%	32,871 -40	-0.1%	-$2.87K
52	52 iShares Core Total USD Bond Market ETF IUSB $32.4B	$2.27M	0.45%	49,295 +1,452	+3%	+$66.9K
53	53 Nuveen ESG Large-Cap Growth ETF NULG $1.57B	$2.25M	0.45%	28,779 +7,474	+35%	+$585K
54	54 Vanguard Short-Term Bond ETF BSV $38.1B	$2.25M	0.45%	28,759 +1,250	+5%	+$97.9K
55	55 SPDR Euro Stoxx 50 ETF FEZ $4.61B	$2.22M	0.44%	40,882 +16,281	+66%	+$886K
56	56 Eli Lilly LLY $736B	$2.08M	0.41%	2,522 +38	+2%	+$31.4K
57	57 Cheniere Energy LNG $52.9B	$2.04M	0.4%	8,832 +4,005	+83%	+$927K
58	58 SPDR Portfolio S&P 600 Small Cap ETF SPSM $10.9B	$2.03M	0.4%	49,808 +5,413	+12%	+$221K
59	59 Vanguard Intermediate-Term Treasury ETF VGIT $31.4B	$2.02M	0.4%	34,077 -8,063	-19%	-$479K
60	60 Antero Resources AR $12.9B	$2M	0.4%	49,375 +35,570	+258%	+$1.44M
61	DSL 61 DoubleLine Income Solutions Fund DSL $1.4B	$1.89M	0.37%	149,935 +2,379	+2%	+$30K
62	62 Procter & Gamble PG $376B	$1.86M	0.37%	10,913 +2,761	+34%	+$471K
63	63 Vanguard Growth ETF VUG $166B	$1.85M	0.37%	4,984 +2,357	+90%	+$874K
64	64 iShares MBS ETF MBB $38.2B	$1.84M	0.36%	19,637 +7,211	+58%	+$676K
65	65 iShares 7-10 Year Treasury Bond ETF IEF $34.8B	$1.83M	0.36%	19,171 -4,966	-21%	-$474K
66	66 SPDR SSGA Global Allocation ETF GAL $253M	$1.81M	0.36%	40,314 -2,215	-5%	-$99.3K
67	67 iShares Broad USD High Yield Corporate Bond ETF USHY $22.6B	$1.8M	0.36%	49,020 -93	-0.2%	-$3.42K
68	68 iShares 20+ Year Treasury Bond ETF TLT $50.7B	$1.76M	0.35%	19,323 +4,119	+27%	+$375K
69	69 Caterpillar CAT $168B	$1.75M	0.35%	5,314 +1,703	+47%	+$562K
70	70 UnitedHealth UNH $284B	$1.72M	0.34%	3,291 -68	-2%	-$35.6K
71	71 Verizon VZ $181B	$1.71M	0.34%	37,628 -316	-0.8%	-$14.3K
72	72 SPDR Dow Jones Industrial Average ETF Trust DIA $37.9B	$1.65M	0.33%	3,924 +3,243	+476%	+$1.36M
73	73 ProShares S&P 500 Dividend Aristocrats ETF NOBL $11.4B	$1.65M	0.33%	16,113 -1,185	-7%	-$121K
74	74 Cisco CSCO $254B	$1.65M	0.33%	26,664 +12,513	+88%	+$772K
75	75 AT&T T $203B	$1.64M	0.32%	57,955 -16,389	-22%	-$463K