HFS

Horizon Financial Services Portfolio holdings

AUM $179M

This Quarter Return

-0.56%

1 Year Return

+3.73%

3 Year Return

+5.78%

5 Year Return

–

10 Year Return

–

AUM

$179M

AUM Growth

+$1.59M (+0.9%)

Cap. Flow

+$3.4M

Cap. Flow % of AUM

1.89%

Top 10 Holdings %Top 10 Hldgs %

59.61%

Holding

373

New

102

Increased

Reduced

Closed

Top Buys

1	SPDR Blackstone Senior Loan ETF SRLN	$7.93M
2	SPDR Portfolio Short Term Corporate Bond ETF SPSB	$6.53M
3	SPDR Portfolio Mortgage Backed Bond ETF SPMB	$4.59M
4	Schwab US Mid-Cap ETF SCHM	$3.17M
5	SPDR Gold MiniShares Trust GLDM	$3M

Top Sells

1	Invesco Senior Loan ETF BKLN	$7.94M
2	Vanguard Short-Term Treasury ETF VGSH	$6.24M
3	Vanguard Mortgage-Backed Securities ETF VMBS	$4.57M
4	Invesco Variable Rate Preferred ETF VRP	$4.54M
5	Global X MLP ETF MLPA	$2.17M

Sector Composition

1	Technology	1.04%
2	Consumer Discretionary	0.98%
3	Healthcare	0.64%
4	Utilities	0.56%
5	Financials	0.36%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Financial Select Sector SPDR Fund XLF $52.5B	$2.08M	1.16%	41,690 -7,697	-16%	-$383K
27	27 Industrial Select Sector SPDR Fund XLI $23.1B	$2M	1.12%	15,283 -1,886	-11%	-$247K
28	28 JPMorgan Ultra-Short Income ETF JPST $32.1B	$1.83M	1.02%	36,189 -2,006	-5%	-$102K
29	29 Consumer Discretionary Select Sector SPDR Fund XLY $22.8B	$1.82M	1.01%	9,215 +669	+8%	+$132K
30	30 SPDR Bloomberg Short Term High Yield Bond ETF SJNK $4.8B	$1.57M	0.88%	+62,497	New	+$1.57M
31	31 Consumers Staples Select Sector SPDR Fund XLP $16B	$1.51M	0.84%	18,500 +628	+4%	+$51.3K
32	32 Vanguard Intermediate-Term Corporate Bond ETF VCIT $54.5B	$1.47M	0.82%	18,002 -6,052	-25%	-$495K
33	33 Schwab Intermediately-Term US Treasury ETF SCHR $10.9B	$1.03M	0.57%	41,252 +14,021	+51%	+$349K
34	34 Duke Energy DUK $93.2B	$972K	0.54%	7,973 -84	-1%	-$10.2K
35	35 Materials Select Sector SPDR Fund XLB $5.65B	$898K	0.5%	10,446 +371	+4%	+$31.9K
36	36 Home Depot HD $373B	$825K	0.46%	2,252 -3	-0.1%	-$1.1K
37	37 Energy Select Sector SPDR Fund XLE $27.7B	$813K	0.45%	8,705 +3,159	+57%	+$295K
38	38 Invesco Global ex-US High Yield Corporate Bond ETF PGHY $178M	$790K	0.44%	39,870 -4,622	-10%	-$91.6K
39	39 Utilities Select Sector SPDR Fund XLU $20.5B	$761K	0.42%	9,652 -19	-0.2%	-$1.5K
40	40 Apple AAPL $3.19T	$747K	0.42%	3,364 -238	-7%	-$52.9K
41	41 Eli Lilly LLY $730B	$736K	0.41%	891 +1	+0.1%	+$826
42	42 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $15.3B	$577K	0.32%	11,562 +1,085	+10%	+$54.1K
43	43 Invesco BulletShares 2025 High Yield Corporate Bond ETF BSJP $828M	$387K	0.22%	16,801 +4,016	+31%	+$92.6K
44	44 Lowe's Companies LOW $127B	$380K	0.21%	1,631 -20	-1%	-$4.67K
45	45 Vanguard Growth ETF VUG $182B	$370K	0.21%	997	–	–
46	46 Aon AON $80.5B	$308K	0.17%	771 -4	-0.5%	-$1.6K
47	47 Dimensional US Core Equity 2 ETF DFAC $36.3B	$307K	0.17%	9,292	–	–
48	48 Amazon AMZN $2.46T	$305K	0.17%	1,604 -1,308	-45%	-$249K
49	49 NVIDIA NVDA $4.23T	$293K	0.16%	2,702 -16	-0.6%	-$1.73K
50	50 UnitedHealth UNH $255B	$267K	0.15%	510 +1	+0.2%	+$524