HWAM

Hennion & Walsh Asset Management Portfolio holdings

AUM $2.25B

This Quarter Return

-0.49%

1 Year Return

+7.74%

3 Year Return

+31.93%

5 Year Return

–

10 Year Return

–

AUM

$2.25B

AUM Growth

+$40.9M (+2%)

Cap. Flow

+$91.5M

Cap. Flow % of AUM

4.07%

Top 10 Holdings %Top 10 Hldgs %

19.9%

Holding

911

New

Increased

402

Reduced

388

Closed

Top Buys

1	iShares Core S&P 500 ETF IVV	$53.8M
2	WisdomTree Dynamic International Equity Fund DDWM	$43.2M
3	Vanguard Value ETF VTV	$31.3M
4	Invesco S&P 500 Equal Weight ETF RSP	$28.6M
5	BlackRock Municipal Income Trust BFK	$4.04M

Top Sells

1	WisdomTree International Quality Dividend Growth Fund IQDG	$45.5M
2	WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund DGRS	$25.4M
3	JPMorgan US Quality Factor ETF JQUA	$24.8M
4	WisdomTree Artificial Intelligence and Innovation Fund WTAI	$17.3M
5	Franklin FTSE Japan ETF FLJP	$15.2M

Sector Composition

1	Technology	10.95%
2	Financials	10.59%
3	Healthcare	10.37%
4	Industrials	5.42%
5	Consumer Discretionary	3.82%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	VRNA 26 Verona Pharma VRNA $8.94B	$12.7M	0.56%	199,473 +5,766	+3%	+$366K
27	PML 27 PIMCO Municipal Income Fund II PML $482M	$11.8M	0.52%	1,455,959 +224,221	+18%	+$1.82M
28	28 BlackRock MuniYield Quality Fund III MYI $680M	$11.7M	0.52%	1,065,504 -8,184	-0.8%	-$89.9K
29	29 Eli Lilly LLY $692B	$11.6M	0.52%	14,083 -835	-6%	-$690K
30	30 Boston Scientific BSX $154B	$11.6M	0.51%	114,840 +7,500	+7%	+$757K
31	31 Nuveen Quality Municipal Income Fund NAD $2.59B	$11M	0.49%	953,730 -585,242	-38%	-$6.74M
32	32 BlackRock MuniYield Quality Fund MQY $780M	$10.7M	0.48%	917,994 -16,774	-2%	-$196K
33	33 Invesco Municipal Opportunity Trust VMO $604M	$10.3M	0.46%	1,084,043 -237,622	-18%	-$2.26M
34	34 Meta Platforms (Facebook) META $1.76T	$10.2M	0.45%	17,747 +2,772	+19%	+$1.6M
35	35 Analog Devices ADI $120B	$10.2M	0.45%	50,461 +2,883	+6%	+$581K
36	36 Invesco Value Municipal Income Trust IIM $532M	$9.28M	0.41%	775,390 -190,253	-20%	-$2.28M
37	37 VanEck Long Muni ETF MLN $504M	$9.09M	0.4%	522,576 +60,943	+13%	+$1.06M
38	38 Mastercard MA $501B	$9.04M	0.4%	16,489 -213	-1%	-$117K
39	LEO 39 BNY Mellon Strategic Municipals LEO $359M	$8.77M	0.39%	1,433,478 -11,810	-0.8%	-$72.3K
40	EIM 40 Eaton Vance Municipal Bond Fund EIM $511M	$8.75M	0.39%	878,065 -36,931	-4%	-$368K
41	41 McKesson MCK $88.5B	$8.45M	0.38%	12,554 -2,479	-16%	-$1.67M
42	42 JPMorgan Chase JPM $803B	$8.44M	0.38%	34,403 +3,122	+10%	+$766K
43	43 Nuveen Municipal High Income Opportunity Fund NMZ $1.15B	$8.33M	0.37%	763,111 +141,577	+23%	+$1.54M
44	44 Walmart WMT $759B	$8.3M	0.37%	94,508 +3,979	+4%	+$349K
45	45 SPDR Blackstone Senior Loan ETF SRLN $7.01B	$8.22M	0.37%	199,821 +12,312	+7%	+$506K
46	46 Palo Alto Networks PANW $130B	$8.12M	0.36%	47,605 +7,580	+19%	+$1.29M
47	47 KLA KLAC $123B	$8.09M	0.36%	11,902 +2,124	+22%	+$1.44M
48	48 BlackRock Municipal 2030 Target Term Trust BTT $1.44B	$7.92M	0.35%	373,274 +13,871	+4%	+$294K
49	49 Intuitive Surgical ISRG $185B	$7.63M	0.34%	15,405 +2,168	+16%	+$1.07M
50	50 Bain Capital Specialty BCSF $1.01B	$7.55M	0.34%	455,002 -13,311	-3%	-$221K