Kovack Advisors Portfolio holdings

AUM $945M

This Quarter Return

-3.68%

1 Year Return

+12.17%

3 Year Return

+44.62%

5 Year Return

+168.47%

10 Year Return

+267.87%

AUM

$945M

AUM Growth

-$74.3M (-7%)

Cap. Flow

-$23.5M

Cap. Flow % of AUM

-2.49%

Top 10 Holdings %Top 10 Hldgs %

29.35%

Holding

644

New

Increased

256

Reduced

256

Closed

Top Buys

1	iShares Currency Hedged MSCI EAFE ETF HEFA	$12.3M
2	ProShares Short S&P500 SH	$3.73M
3	Vanguard S&P 500 ETF VOO	$3.57M
4	Enbridge ENB	$2.36M
5	ProShares Short QQQ PSQ	$2.23M

Top Sells

1	iShares Core S&P 500 ETF IVV	$12.4M
2	Exxon Mobil XOM	$3.94M
3	Axon Enterprise AXON	$3.3M
4	NVIDIA NVDA	$3.23M
5	Apple AAPL	$3.06M

Sector Composition

1	Technology	19.14%
2	Financials	6.12%
3	Consumer Discretionary	5.05%
4	Healthcare	4.58%
5	Communication Services	4.33%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
376	376 Automatic Data Processing ADP $126B	$360K	0.04%	1,177 -305	-21%	-$93.2K
377	377 American Tower AMT $97.7B	$359K	0.04%	1,649 -93	-5%	-$20.2K
378	378 Vanguard Financials ETF VFH $12.6B	$359K	0.04%	3,002 -1,045	-26%	-$125K
379	379 Williams Companies WMB $72.3B	$357K	0.04%	5,974 -763	-11%	-$45.6K
380	380 First Trust Managed Municipal ETF FMB $1.87B	$355K	0.04%	7,050	–	–
381	381 W.P. Carey WPC $13.9B	$353K	0.04%	5,593 +749	+15%	+$47.3K
382	382 Aflac AFL $53.3B	$353K	0.04%	3,172 -361	-10%	-$40.1K
383	383 SPDR Blackstone Senior Loan ETF SRLN $7B	$351K	0.04%	8,530 +5	+0.1%	+$206
384	384 Zscaler ZS $44.8B	$349K	0.04%	1,759 -318	-15%	-$63.1K
385	385 Franklin International Low Volatility High Dividend Index ETF LVHI $2.98B	$349K	0.04%	10,780 +1,978	+22%	+$64K
386	386 American Electric Power AEP $60.5B	$348K	0.04%	3,186 +414	+15%	+$45.2K
387	MSD 387 Morgan Stanley Emerging Markets Debt Fund MSD $151M	$347K	0.04%	43,157 +3,750	+10%	+$30.2K
388	388 Carlyle Group CG $22.4B	$347K	0.04%	7,955 -29	-0.4%	-$1.26K
389	389 Vanguard Intermediate-Term Corporate Bond ETF VCIT $54.6B	$347K	0.04%	4,241 +227	+6%	+$18.6K
390	390 BlackRock Floating Rate Loan ETF BRLN $60.1M	$344K	0.04%	6,625	–	–
391	391 Illinois Tool Works ITW $74.4B	$343K	0.04%	1,384 -369	-21%	-$91.5K
392	392 Mondelez International MDLZ $84.3B	$342K	0.04%	5,034 -68	-1%	-$4.61K
393	393 FlexShares iBoxx 3-Year Target Duration TIPS Index Fund TDTT $2.67B	$341K	0.04%	14,000 -1,000	-7%	-$24.4K
394	394 First Trust Industrials/Producer Durables AlphaDEX Fund FXR $1.88B	$341K	0.04%	4,891 -930	-16%	-$64.8K
395	395 Invesco S&P 500 Equal Weight Consumer Staples ETF RSPS $256M	$338K	0.04%	10,955 +221	+2%	+$6.81K
396	396 iShares 20+ Year Treasury Bond ETF TLT $47.9B	$337K	0.04%	3,700 -3,138	-46%	-$286K
397	397 Vanguard Energy ETF VDE $7.23B	$336K	0.04%	2,592 -318	-11%	-$41.3K
398	398 Warner Bros WBD $32.8B	$335K	0.04%	31,196 -39,766	-56%	-$427K
399	399 Sterling Infrastructure STRL $8.01B	$330K	0.03%	2,914	–	–
400	400 Fidelity Value Factor ETF FVAL $987M	$330K	0.03%	5,531 +380	+7%	+$22.6K