HWAM

Hennion & Walsh Asset Management Portfolio holdings

AUM $2.48B

1-Year Return 14.59%

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

This Quarter Return

+4.15%

1 Year Return

+14.59%

3 Year Return

+61.58%

5 Year Return

–

10 Year Return

–

AUM

$1.66B

AUM Growth

–

Cap. Flow

+$1.66B

Cap. Flow % of AUM

100%

Top 10 Holdings % Top 10 Hldgs %

15.4%

Holding

693

New

693

Increased

–

Reduced

–

Closed

–

Top Buys

1	Goldman Sachs ActiveBeta US Large Cap Equity ETF GSLC	$43.2M
2	Schwab US Dividend Equity ETF SCHD	$33.6M
3	Goldman Sachs ActiveBeta International Equity ETF GSIE	$31.1M
4	BlackRock Municipal Income Trust BFK	$22.6M
5	iShares Core S&P 500 ETF IVV	$22.5M

Top Sells

No sells this quarter

Sector Composition

1	Healthcare	17.27%
2	Technology	10.68%
3	Financials	7.61%
4	Consumer Discretionary	5.41%
5	Industrials	4.6%

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
301	301 CommScope COMM $3.55B	$1.29M	0.08%	+84,072	New	+$1.29M
302	OPRA 302 Opera Ltd OPRA $1.6B	$1.29M	0.08%	+128,800	New	+$1.29M
303	303 Emerson Electric EMR $74.6B	$1.29M	0.08%	+14,252	New	+$1.29M
304	304 Lincoln Electric LECO $13.5B	$1.28M	0.08%	+10,415	New	+$1.28M
305	305 Kroger KR $44.8B	$1.28M	0.08%	+35,541	New	+$1.28M
306	306 Xcel Energy XEL $43B	$1.28M	0.08%	+19,182	New	+$1.28M
307	307 Eaton ETN $136B	$1.27M	0.08%	+9,178	New	+$1.27M
308	308 BlackRock Limited Duration Income Trust BLW $548M	$1.27M	0.08%	+75,517	New	+$1.27M
309	309 Lamar Advertising Co LAMR $13B	$1.26M	0.08%	+13,437	New	+$1.26M
310	310 RingCentral RNG $2.89B	$1.26M	0.08%	+4,221	New	+$1.26M
311	311 Nasdaq NDAQ $53.6B	$1.25M	0.08%	+25,446	New	+$1.25M
312	DRE 312 DELISTED Duke Realty Corp. DRE	$1.24M	0.07%	+29,658	New	+$1.24M
313	313 Elevance Health ELV $70.6B	$1.24M	0.07%	+3,457	New	+$1.24M
314	314 Chewy CHWY $17.5B	$1.24M	0.07%	+14,642	New	+$1.24M
315	315 Neurocrine Biosciences NBIX $14.3B	$1.24M	0.07%	+12,719	New	+$1.24M
316	316 PTC Therapeutics PTCT $4.55B	$1.23M	0.07%	+25,924	New	+$1.23M
317	317 Darden Restaurants DRI $24.5B	$1.23M	0.07%	+8,631	New	+$1.23M
318	318 Williams Companies WMB $69.9B	$1.22M	0.07%	+51,666	New	+$1.22M
319	319 American Electric Power AEP $57.8B	$1.22M	0.07%	+14,424	New	+$1.22M
320	320 Oneok OKE $45.7B	$1.22M	0.07%	+24,040	New	+$1.22M
321	ECF 321 Ellsworth Growth & Income Fund ECF $152M	$1.2M	0.07%	+88,887	New	+$1.2M
322	322 Kellanova K $27.8B	$1.2M	0.07%	+20,209	New	+$1.2M
323	BSJO 323 DELISTED Invesco BulletShares 2024 High Yield Corporate Bond ETF BSJO	$1.2M	0.07%	+47,845	New	+$1.2M
324	324 Nuveen New York AMT-Free Quality Municipal Income Fund NRK $842M	$1.19M	0.07%	+87,384	New	+$1.19M
325	325 General Mills GIS $27B	$1.18M	0.07%	+19,252	New	+$1.18M