JCM

J2 Capital Management Portfolio holdings

AUM $109M

This Quarter Return

+2.12%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$109M

AUM Growth

+$2.2M (+2%)

Cap. Flow

+$272K

Cap. Flow % of AUM

0.25%

Top 10 Holdings %Top 10 Hldgs %

59.79%

Holding

127

New

Increased

Reduced

Closed

Top Buys

1	iShares 0-3 Month Treasury Bond ETF SGOV	$5.96M
2	Day Hagan/Ned Davis Research Smart Sector ETF SSUS	$4.75M
3	SPDR Bloomberg 1-3 Month T-Bill ETF BIL	$4.46M
4	ProShares Short MidCap400 MYY	$1.63M
5	Pacer Trendpilot US Mid Cap ETF PTMC	$1.43M

Top Sells

1	iShares TIPS Bond ETF TIP	$3.38M
2	Pacer Trendpilot US Large Cap ETF PTLC	$2.57M
3	iShares Gold Trust IAU	$2.41M
4	SPDR Blackstone Senior Loan ETF SRLN	$1.73M
5	SPDR SSGA US Small Cap Low Volatility Index ETF SMLV	$1.5M

Sector Composition

1	Financials	3.82%
2	Consumer Discretionary	3.58%
3	Healthcare	3.19%
4	Industrials	2.49%
5	Consumer Staples	2.46%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Vanguard Mid-Cap ETF VO $85B	$651K	0.6%	2,519 +180	+8%	+$46.6K
27	27 Apple AAPL $3.15T	$644K	0.59%	2,901 -860	-23%	-$191K
28	28 iShares 20+ Year Treasury Bond ETF TLT $46.8B	$635K	0.58%	+6,978	New	+$635K
29	29 iShares TIPS Bond ETF TIP $13.8B	$632K	0.58%	5,691 -30,467	-84%	-$3.38M
30	30 Strategic Trust Running Oak Efficient Growth ETF RUNN $369M	$592K	0.54%	18,262 -40,353	-69%	-$1.31M
31	31 SPDR S&P 500 ETF Trust SPY $647B	$568K	0.52%	1,015 -25	-2%	-$14K
32	32 Aflac AFL $55.1B	$562K	0.52%	5,055 +53	+1%	+$5.89K
33	33 Invesco QQQ Trust QQQ $359B	$559K	0.51%	1,193 +15	+1%	+$7.03K
34	34 McDonald's MCD $212B	$557K	0.51%	1,783 -77	-4%	-$24.1K
35	35 SPDR S&P Global Natural Resources ETF GNR $2.84B	$534K	0.49%	10,019 +823	+9%	+$43.8K
36	36 GSK GSK $73.3B	$530K	0.49%	13,683 -3,930	-22%	-$152K
37	37 JPMorgan Chase JPM $801B	$498K	0.46%	2,031 -1,158	-36%	-$284K
38	38 AutoZone AZO $62.1B	$492K	0.45%	129 -31	-19%	-$118K
39	39 Cheniere Energy LNG $54.2B	$483K	0.44%	2,088 +22	+1%	+$5.09K
40	40 Morgan Stanley MS $225B	$481K	0.44%	4,121 -29	-0.7%	-$3.38K
41	41 BJs Wholesale Club BJ $13.8B	$481K	0.44%	4,212 -480	-10%	-$54.8K
42	42 Kinsale Capital Group KNSL $11.2B	$476K	0.44%	979 +8	+0.8%	+$3.89K
43	43 Utilities Select Sector SPDR Fund XLU $20.1B	$473K	0.43%	6,000 -2,862	-32%	-$226K
44	44 Steel Dynamics STLD $19.5B	$460K	0.42%	3,678 +85	+2%	+$10.6K
45	45 American Electric Power AEP $57.4B	$456K	0.42%	4,172 -376	-8%	-$41.1K
46	46 Tenaris TS $19.3B	$456K	0.42%	11,654 -1,915	-14%	-$74.9K
47	47 Lockheed Martin LMT $109B	$454K	0.42%	1,016 -19	-2%	-$8.49K
48	48 Exxon Mobil XOM $464B	$454K	0.42%	3,814 -11	-0.3%	-$1.31K
49	49 3M MMM $82.5B	$447K	0.41%	3,046 -451	-13%	-$66.2K
50	50 Veeva Systems VEEV $46.1B	$441K	0.41%	+1,905	New	+$441K