HFS

Hughes Financial Services Portfolio holdings

AUM $511M

AUM

$511M

AUM Growth

+$24.5M (+5%)

Cap. Flow

+$30.5M

Cap. Flow % of AUM

5.97%

Top 10 Holdings %Top 10 Hldgs %

75.25%

Holding

1,072

New

995

Increased

Reduced

Closed

Top Buys

1	Vanguard Short-Term Tax-Exempt Bond ETF VTES	$5.37M
2	JPMorgan Core Plus Bond ETF JCPB	$3.95M
3	JPMorgan Hedged Equity Laddered Overlay ETF HELO	$3.15M
4	JPMorgan International Research Enhanced Equity ETF JIRE	$2.07M
5	iShares iBonds Dec 2028 Term Treasury ETF IBTI	$2.03M

Top Sells

1	iShares 1-3 Year Treasury Bond ETF SHY	$4.6M
2	SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM	$934K
3	SPDR Portfolio S&P 600 Small Cap ETF SPSM	$352K
4	SPDR S&P 500 ETF Trust SPY	$311K
5	SPDR MSCI USA StrategicFactors ETF QUS	$255K

Sector Composition

1	Financials	0.93%
2	Technology	0.9%
3	Consumer Discretionary	0.4%
4	Healthcare	0.33%
5	Consumer Staples	0.33%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.1B	$101M	19.77%	1,481,754 -13,695	-0.9%	-$934K
2	2 JPMorgan Core Plus Bond ETF JCPB $6.46B	$61.1M	11.96%	1,301,631 +84,050	+7%	+$3.95M
3	3 JPMorgan International Research Enhanced Equity ETF JIRE $7.32B	$46.8M	9.15%	733,283 +32,518	+5%	+$2.07M
4	4 iShares MSCI Emerging Markets ex China ETF EMXC $14.3B	$37.4M	7.32%	676,018 +21,036	+3%	+$1.17M
5	5 iShares MSCI USA Quality Factor ETF QUAL $51.4B	$33.1M	6.47%	193,023 +2,987	+2%	+$512K
6	6 Goldman Sachs Innovate Equity ETF GINN $215M	$32M	6.26%	542,532 +3,748	+0.7%	+$221K
7	7 SPDR Portfolio S&P 600 Small Cap ETF SPSM $10.9B	$24.6M	4.82%	602,705 -8,599	-1%	-$352K
8	8 SPDR S&P Kensho Future Security ETF FITE $71.5M	$20.3M	3.96%	321,328 -940	-0.3%	-$59.3K
9	9 SPDR Portfolio TIPS ETF SPIP $985M	$15.6M	3.05%	594,581 +24,635	+4%	+$645K
10	10 iShares 1-3 Year Treasury Bond ETF SHY $24.2B	$12.7M	2.48%	153,940 -55,777	-27%	-$4.6M
11	11 Dimensional US Equity ETF DFUS $14.7B	$9.95M	1.95%	163,864 -358	-0.2%	-$21.7K
12	12 PGIM Active High Yield Bond ETF PHYL $291M	$7.82M	1.53%	225,612 +8,798	+4%	+$305K
13	13 iShares 10-20 Year Treasury Bond ETF TLH $11.1B	$7.37M	1.44%	70,801 +2,349	+3%	+$244K
14	14 SPDR MSCI USA StrategicFactors ETF QUS $1.5B	$7.11M	1.39%	45,417 -1,626	-3%	-$255K
15	15 Vanguard Short-Term Tax-Exempt Bond ETF VTES $1.01B	$6.91M	1.35%	68,801 +53,439	+348%	+$5.37M
16	16 Vanguard FTSE All-World ex-US ETF VEU $44.8B	$6.55M	1.28%	107,716 -1,428	-1%	-$86.9K
17	17 JPMorgan Hedged Equity Laddered Overlay ETF HELO $3.18B	$6.52M	1.28%	109,107 +52,723	+94%	+$3.15M
18	18 Vanguard FTSE Developed Markets ETF VEA $160B	$5.88M	1.15%	115,283 -1,016	-0.9%	-$51.8K
19	19 SPDR Portfolio Developed World ex-US ETF SPDW $26.9B	$5.32M	1.04%	145,721 -1,732	-1%	-$63.3K
20	20 First Trust Municipal High Income ETF FMHI $758M	$4.64M	0.91%	96,535 -484	-0.5%	-$23.3K
21	21 Vanguard Dividend Appreciation ETF VIG $90.4B	$4.24M	0.83%	21,908 -563	-3%	-$109K
22	22 iShares Core S&P 500 ETF IVV $589B	$3.13M	0.61%	5,557 +99	+2%	+$55.8K
23	23 iShares TIPS Bond ETF TIP $13.8B	$2.42M	0.47%	21,906 +192	+0.9%	+$21.2K
24	24 SPDR S&P 500 ETF Trust SPY $632B	$2.38M	0.47%	4,249 -555	-12%	-$311K
25	25 JPMorgan Municipal ETF JMUB $2.87B	$2.23M	0.44%	44,592 +8,398	+23%	+$420K