Hamel Associates Portfolio holdings

AUM $294M

AUM

$294M

AUM Growth

-$16.5M (-5%)

Cap. Flow

-$15.5M

Cap. Flow % of AUM

-5.27%

Top 10 Holdings %Top 10 Hldgs %

38.31%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Novartis NVS	$3.61M
2	Hershey HSY	$3.29M
3	Schwab International Dividend Equity ETF SCHY	$2.85M
4	Verizon VZ	$1.65M
5	SPDR Gold Trust GLD	$1.29M

Top Sells

1	iShares Treasury Floating Rate Bond ETF TFLO	$4.37M
2	Walmart WMT	$3.29M
3	Pfizer PFE	$2.61M
4	iShares iBonds Dec 2029 Term Corporate ETF IBDU	$2.1M
5	iShares iBonds Dec 2027 Term Corporate ETF IBDS	$1.81M

Sector Composition

1	Consumer Staples	15.47%
2	Healthcare	12.02%
3	Technology	11.14%
4	Energy	10.65%
5	Financials	9.79%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 iShares iBonds Dec 2029 Term Corporate ETF IBDU $2.6B	$4.89M	1.66%	211,535 -90,887	-30%	-$2.1M
27	27 Novartis NVS $233B	$4.58M	1.56%	41,060 +32,380	+373%	+$3.61M
28	28 Lockheed Martin LMT $113B	$4.39M	1.49%	9,837 -57	-0.6%	-$25.5K
29	29 AbbVie ABBV $335B	$4.34M	1.47%	20,705 +150	+0.7%	+$31.4K
30	30 Nike NKE $92.7B	$4.16M	1.41%	65,538 -795	-1%	-$50.5K
31	31 Home Depot HD $365B	$4.13M	1.41%	11,280 -92	-0.8%	-$33.7K
32	32 Campbell Soup CPB $10.3B	$4.1M	1.39%	102,655 +25,140	+32%	+$1M
33	33 Schwab International Dividend Equity ETF SCHY $1.12B	$3.91M	1.33%	154,225 +112,225	+267%	+$2.85M
34	34 Hershey HSY $32.8B	$3.81M	1.29%	22,263 +19,228	+634%	+$3.29M
35	35 Verizon VZ $185B	$3.48M	1.18%	76,752 +36,378	+90%	+$1.65M
36	36 Utilities Select Sector SPDR Fund XLU $18.6B	$3.45M	1.17%	43,773 -327	-0.7%	-$25.8K
37	37 Schwab US Dividend Equity ETF SCHD $69B	$3.44M	1.17%	123,002 -40,119	-25%	-$1.12M
38	38 Automatic Data Processing ADP $133B	$3M	1.02%	9,815 -35	-0.4%	-$10.7K
39	39 IBM IBM $250B	$2.57M	0.87%	10,350 +100	+1%	+$24.9K
40	40 Duke Energy DUK $89.6B	$2.55M	0.87%	20,884 +1,408	+7%	+$172K
41	41 PNC Financial Services PNC $70.7B	$2.54M	0.86%	14,424	–	–
42	42 iShares Treasury Floating Rate Bond ETF TFLO $6.98B	$2.4M	0.81%	47,290 -86,305	-65%	-$4.37M
43	43 iShares iBonds Dec 2030 Term Corporate ETF IBDV $1.83B	$2.37M	0.81%	109,105 -70,464	-39%	-$1.53M
44	44 Starbucks SBUX $102B	$2.06M	0.7%	20,988 -2,490	-11%	-$244K
45	45 PepsiCo PEP $178B	$1.71M	0.58%	11,403 -30	-0.3%	-$4.5K
46	46 General Mills GIS $30B	$1.67M	0.57%	27,945 -20,962	-43%	-$1.25M
47	47 Abbott ABT $232B	$1.66M	0.56%	12,492 -75	-0.6%	-$9.95K
48	48 Alphabet (Google) Class A GOOGL $2.11T	$1.41M	0.48%	9,105 -325	-3%	-$50.3K
49	49 Garmin GRMN $39.9B	$1.18M	0.4%	5,448 -75	-1%	-$16.3K
50	50 Dollar General DG $25B	$1.11M	0.38%	12,605 -3,669	-23%	-$323K