KWMG LLC Portfolio holdings

AUM $1.06B

This Quarter Return

-0.27%

1 Year Return

+13.8%

3 Year Return

+43.48%

5 Year Return

+76.47%

10 Year Return

+118.51%

AUM

$983M

AUM Growth

+$11.7M (+1%)

Cap. Flow

+$20.7M

Cap. Flow % of AUM

2.11%

Top 10 Holdings %Top 10 Hldgs %

31.09%

Holding

147

New

Increased

Reduced

Closed

Top Buys

1	Technology Select Sector SPDR Fund XLK	$23.8M
2	Lam Research LRCX	$6.05M
3	Health Care Select Sector SPDR Fund XLV	$5.82M
4	The Communication Services Select Sector SPDR Fund XLC	$3.91M
5	Berkshire Hathaway Class A BRK.A	$3.19M

Top Sells

1	Vanguard Short-Term Bond ETF BSV	$13.9M
2	Vanguard Dividend Appreciation ETF VIG	$5.38M
3	iShares Global Infrastructure ETF IGF	$4.07M
4	iShares 1-5 Year Investment Grade Corporate Bond ETF IGSB	$2.52M
5	SPDR Nuveen ICE Short Term Municipal Bond ETF SHM	$2.17M

Sector Composition

1	Financials	5.96%
2	Consumer Discretionary	5.36%
3	Technology	4.68%
4	Industrials	3.93%
5	Energy	3.72%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard FTSE Developed Markets ETF VEA $171B	$49.7M	5.06%	978,392 +7,270	+0.8%	+$370K
2	2 Vanguard Mid-Cap Growth ETF VOT $17.6B	$32.2M	3.28%	131,694 +1,670	+1%	+$409K
3	3 Vanguard Real Estate ETF VNQ $33.7B	$31.5M	3.21%	348,264 +8,394	+2%	+$760K
4	4 Technology Select Sector SPDR Fund XLK $85.8B	$30.9M	3.14%	149,556 +115,083	+334%	+$23.8M
5	5 iShares TIPS Bond ETF TIP $13.6B	$30.6M	3.12%	275,653 +4,819	+2%	+$535K
6	6 Vanguard Mid-Cap Value ETF VOE $18.7B	$29.9M	3.04%	186,158 +4,324	+2%	+$694K
7	7 Vanguard Total Bond Market BND $134B	$28M	2.85%	380,983 +8,447	+2%	+$620K
8	8 Dimensional US Small Cap ETF DFAS $11B	$26.7M	2.71%	446,411 +16,542	+4%	+$988K
9	9 Invesco QQQ Trust QQQ $368B	$23.5M	2.39%	50,089 +219	+0.4%	+$103K
10	10 iShares S&P 500 Growth ETF IVW $63.2B	$22.5M	2.29%	242,368 -6,392	-3%	-$593K
11	11 iShares S&P 500 Value ETF IVE $40.7B	$21.2M	2.16%	111,240 +68	+0.1%	+$13K
12	12 Vanguard FTSE Emerging Markets ETF VWO $96.8B	$21M	2.14%	464,953 +8,421	+2%	+$381K
13	13 iShares iBoxx $ High Yield Corporate Bond ETF HYG $17.9B	$20.9M	2.13%	264,709 +6,168	+2%	+$487K
14	14 Vanguard Short-Term Corporate Bond ETF VCSH $35.3B	$18.7M	1.91%	237,177 -468	-0.2%	-$36.9K
15	15 PIMCO Enhanced Short Maturity Active Exchange-Traded Fund MINT $13.5B	$17.6M	1.79%	175,063 -3,136	-2%	-$316K
16	16 iShares 0-5 Year TIPS Bond ETF STIP $12.5B	$16.5M	1.68%	159,846 +3,080	+2%	+$319K
17	17 Cardinal Health CAH $34.9B	$16.4M	1.67%	118,836 -3,309	-3%	-$456K
18	18 Vanguard International High Dividend Yield ETF VYMI $11.8B	$14.9M	1.52%	202,311 +5,649	+3%	+$416K
19	19 Health Care Select Sector SPDR Fund XLV $32.8B	$14.3M	1.46%	98,010 +39,866	+69%	+$5.82M
20	20 iShares Short Maturity Bond ETF NEAR $3.48B	$13.6M	1.38%	267,086 -5,869	-2%	-$299K
21	21 iShares Select Dividend ETF DVY $20.4B	$13.3M	1.35%	99,030 +873	+0.9%	+$117K
22	22 PIMCO Active Bond Exchange-Traded Fund BOND $5.73B	$12.6M	1.28%	135,988 +3,313	+3%	+$306K
23	23 JPMorgan Ultra-Short Income ETF JPST $32.8B	$12.5M	1.27%	246,423 -28,243	-10%	-$1.43M
24	24 Vanguard Information Technology ETF VGT $101B	$12M	1.23%	22,205 +80	+0.4%	+$43.4K
25	25 iShares 1-5 Year Investment Grade Corporate Bond ETF IGSB $22.1B	$11.8M	1.2%	224,725 -48,056	-18%	-$2.52M