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
101	101 3M MMM $77.6B	$1.25M	0.25%	8,514 -1,006	-11%	-$148K
102	102 Goldman Sachs Access Ultra Short Bond ETF GSST $886M	$1.25M	0.25%	24,721 -936	-4%	-$47.3K
103	103 PepsiCo PEP $179B	$1.24M	0.25%	8,276 +462	+6%	+$69.3K
104	104 iShares JPMorgan USD Emerging Markets Bond ETF EMB $12.7B	$1.24M	0.24%	13,661 -2,541	-16%	-$230K
105	105 iShares Gold Trust IAU $47.6B	$1.23M	0.24%	20,788 -1,364	-6%	-$80.4K
106	106 General Dynamics GD $74.4B	$1.21M	0.24%	4,438 -1,449	-25%	-$395K
107	107 Paychex PAYX $56.5B	$1.18M	0.23%	7,623 +71	+0.9%	+$11K
108	108 Schwab US Large-Cap Growth ETF SCHG $41.7B	$1.17M	0.23%	46,787	New	+$1.17M
109	109 Duke Energy DUK $89.7B	$1.17M	0.23%	9,571 +312	+3%	+$38.1K
110	110 Coca-Cola KO $306B	$1.17M	0.23%	16,270 +2,106	+15%	+$151K
111	111 First Trust Long/Short Equity ETF FTLS $1.97B	$1.16M	0.23%	18,057 -1,763	-9%	-$113K
112	112 iShares Core S&P US Value ETF IUSV $20.2B	$1.15M	0.23%	12,501 +1,900	+18%	+$175K
113	113 Union Pacific UNP $134B	$1.15M	0.23%	4,870 -107	-2%	-$25.3K
114	114 iShares Russell Mid-Cap Growth ETF IWP $18.5B	$1.15M	0.23%	9,782 +107	+1%	+$12.6K
115	115 Colgate-Palmolive CL $73.6B	$1.14M	0.23%	12,167 +4,676	+62%	+$438K
116	116 Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM $985M	$1.14M	0.23%	34,233 -4,464	-12%	-$148K
117	117 ProShares S&P 500 ex-Technology ETF SPXT $208M	$1.13M	0.22%	12,370	New	+$1.13M
118	WCMI 118 First Trust WCM International Equity ETF WCMI $226M	$1.12M	0.22%	79,510 -43,939	-36%	-$621K
119	TWO 119 Two Harbors Investment TWO $1.12B	$1.11M	0.22%	83,276 -921	-1%	-$12.3K
120	120 iShares Core S&P Small-Cap ETF IJR $77.4B	$1.11M	0.22%	10,613 -610	-5%	-$63.8K
121	121 Linde LIN $219B	$1.11M	0.22%	2,377 +47	+2%	+$21.9K
122	122 ProShares UltraPro S&P 500 UPRO $3.97B	$1.1M	0.22%	14,948 +46	+0.3%	+$3.4K
123	123 SPDR Portfolio Emerging Markets ETF SPEM $11.8B	$1.1M	0.22%	27,982	New	+$1.1M
124	124 WisdomTree International Quality Dividend Growth Fund IQDG $765M	$1.1M	0.22%	30,787 -41,531	-57%	-$1.48M
125	125 iShares Investment Grade Corporate Bond BuyWrite Strategy ETF LQDW $239M	$1.1M	0.22%	41,679	New	+$1.1M