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

+8.4%

1 Year Return

+14.59%

3 Year Return

+61.58%

5 Year Return

–

10 Year Return

–

AUM

$2.48B

AUM Growth

+$226M (+10%)

Cap. Flow

+$104M

Cap. Flow % of AUM

4.19%

Top 10 Holdings % Top 10 Hldgs %

18.66%

Holding

956

New

Increased

439

Reduced

377

Closed

Top Buys

1	iShares Preferred and Income Securities ETF PFF	$21.5M
2	JPMorgan Short Duration Core Plus ETF JSCP	$17.8M
3	JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF JEMB	$7.17M
4	iShares 0-3 Month Treasury Bond ETF SGOV	$5.65M
5	iShares International Select Dividend ETF IDV	$5.46M

Top Sells

1	Global X US Preferred ETF PFFD	$29.4M
2	iShares Investment Grade Systematic Bond ETF IGEB	$15.3M
3	Insmed INSM	$2.72M
4	Rhythm Pharmaceuticals RYTM	$2.44M
5	Avidity Biosciences RNA	$1.84M

Sector Composition

1	Technology	12.6%
2	Financials	10.31%
3	Healthcare	9.29%
4	Industrials	6.6%
5	Consumer Discretionary	3.9%

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
701	701 BioCryst Pharmaceuticals BCRX $1.74B	$452K	0.02%	+50,455	New	+$452K
702	702 TAT Technologies TATT $436M	$452K	0.02%	+14,795	New	+$452K
703	CMPS 703 Compass Pathways CMPS $493M	$450K	0.02%	160,767 -7,427	-4%	-$20.8K
704	704 iShares California Muni Bond ETF CMF $3.39B	$449K	0.02%	8,058 +2,035	+34%	+$113K
705	705 Arvinas ARVN $575M	$449K	0.02%	60,966 -911	-1%	-$6.71K
706	706 Vera Therapeutics VERA $1.54B	$448K	0.02%	+18,997	New	+$448K
707	707 Krystal Biotech KRYS $4.35B	$447K	0.02%	3,253 -6,952	-68%	-$956K
708	AVDL 708 Avadel Pharmaceuticals AVDL $1.53B	$445K	0.02%	+50,336	New	+$445K
709	709 iShares Biotechnology ETF IBB $5.8B	$444K	0.02%	3,510	–	–
710	710 Rexford Industrial Realty REXR $10.2B	$442K	0.02%	12,424 +525	+4%	+$18.7K
711	711 Toast TOST $24B	$442K	0.02%	+9,970	New	+$442K
712	712 Target TGT $42.3B	$440K	0.02%	4,456 -12	-0.3%	-$1.18K
713	713 Renasant Corp RNST $3.75B	$436K	0.02%	+12,142	New	+$436K
714	714 Cigna CI $81.5B	$433K	0.02%	1,310 +98	+8%	+$32.4K
715	715 NovoCure NVCR $1.37B	$433K	0.02%	+24,320	New	+$433K
716	716 Unisys UIS $277M	$432K	0.02%	95,418 +19,920	+26%	+$90.2K
717	HNW 717 Pioneer Diversified High Income Fund HNW $107M	$430K	0.02%	+34,396	New	+$430K
718	718 Permian Resources PR $9.75B	$430K	0.02%	31,578 -743	-2%	-$10.1K
719	719 Sprinklr CXM $1.91B	$429K	0.02%	50,673 +14,232	+39%	+$120K
720	720 Celldex Therapeutics CLDX $1.52B	$428K	0.02%	+21,054	New	+$428K
721	721 Pediatrix Medical MD $1.49B	$424K	0.02%	+29,548	New	+$424K
722	722 uniQure QURE $985M	$423K	0.02%	+30,369	New	+$423K
723	723 Entergy ETR $39.2B	$423K	0.02%	5,085 +1,979	+64%	+$164K
724	724 Invesco KBW Property & Casualty Insurance ETF KBWP $477M	$423K	0.02%	+3,440	New	+$423K
725	725 Mineralys Therapeutics MLYS $2.7B	$421K	0.02%	+31,095	New	+$421K