LFASL

Lugano Financial Advisors SA (LFA) Portfolio holdings

AUM $147M

This Quarter Return

+0.12%

1 Year Return

+5.52%

3 Year Return

+11.37%

5 Year Return

+50.73%

10 Year Return

–

AUM

$147M

AUM Growth

-$5.87M (-4%)

Cap. Flow

-$5.41M

Cap. Flow % of AUM

-3.68%

Top 10 Holdings %Top 10 Hldgs %

48.68%

Holding

209

New

Increased

Reduced

Closed

Top Buys

1	SPDR S&P 500 ETF Trust SPY	$1.57M
2	iShares iBonds Dec 2030 Term Corporate ETF IBDV	$787K
3	iShares ESG Aware 1-5 Year USD Corporate Bond ETF SUSB	$531K
4	Vanguard Intermediate-Term Corporate Bond ETF VCIT	$529K
5	iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB	$318K

Top Sells

1	Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC	$2.81M
2	PIMCO Enhanced Short Maturity Active ESG ETF EMNT	$2.73M
3	iShares Short Treasury Bond ETF SHV	$1.09M
4	NYLI Hedge Multi-Strategy Tracker ETF QAI	$437K
5	iShares iBonds Dec 2029 Term Corporate ETF IBDU	$315K

Sector Composition

1	Technology	2.64%
2	Consumer Discretionary	2.08%
3	Financials	1.28%
4	Healthcare	1.1%
5	Communication Services	0.79%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Vanguard Intermediate-Term Corporate Bond ETF VCIT $54.5B	$1.78M	1.21%	21,809 +6,474	+42%	+$529K
27	27 iShares ESG Aware USD Corporate Bond ETF SUSC $1.17B	$1.71M	1.16%	74,278	–	–
28	28 iShares MSCI EAFE ETF EFA $66B	$1.6M	1.09%	19,578 -1,941	-9%	-$159K
29	29 Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC $4.58B	$1.49M	1.01%	109,285 -206,449	-65%	-$2.81M
30	30 iShares iBonds Dec 2030 Term Corporate ETF IBDV $1.92B	$1.23M	0.84%	56,773 +36,240	+177%	+$787K
31	31 SPDR Bloomberg Convertible Securities ETF CWB $4.04B	$1.07M	0.73%	13,981	–	–
32	32 iShares JPMorgan USD Emerging Markets Bond ETF EMB $13.5B	$1.07M	0.72%	11,768 -698	-6%	-$63.2K
33	33 iShares MSCI Switzerland ETF EWL $1.36B	$997K	0.68%	19,246 +1,632	+9%	+$84.5K
34	34 Global X Renewable Energy Producers ETF RNRG $25.8M	$982K	0.67%	119,626	–	–
35	35 Apple AAPL $3.2T	$936K	0.64%	4,215 -323	-7%	-$71.7K
36	36 Invesco Global Listed Private Equity ETF PSP $338M	$881K	0.6%	13,752 -472	-3%	-$30.2K
37	37 Vanguard Information Technology ETF VGT $97.3B	$732K	0.5%	1,350	–	–
38	38 Vanguard Health Care ETF VHT $15.5B	$675K	0.46%	2,550	–	–
39	39 Vanguard Long-Term Corporate Bond ETF VCLT $9.82B	$575K	0.39%	7,574 +1,136	+18%	+$86.2K
40	40 iShares MSCI United Kingdom ETF EWU $3.06B	$516K	0.35%	13,769 +1,000	+8%	+$37.5K
41	41 Alphabet (Google) Class C GOOG $2.32T	$466K	0.32%	2,980	–	–
42	42 Invesco Global Water ETF PIO $277M	$461K	0.31%	11,497	–	–
43	43 Industrial Select Sector SPDR Fund XLI $22.9B	$459K	0.31%	3,500	–	–
44	44 First Trust Institutional Preferred Securities and Income ETF FPEI $1.63B	$449K	0.31%	24,000	–	–
45	45 Vanguard Intermediate-Term Bond ETF BIV $23.2B	$414K	0.28%	5,406 -65	-1%	-$4.98K
46	46 Caterpillar CAT $201B	$412K	0.28%	1,250	–	–
47	47 Energy Select Sector SPDR Fund XLE $27.6B	$375K	0.26%	4,018	–	–
48	48 Financial Select Sector SPDR Fund XLF $52.2B	$364K	0.25%	7,300	–	–
49	49 Visa V $694B	$347K	0.24%	990 +90	+10%	+$31.5K
50	50 Abbott ABT $219B	$335K	0.23%	2,525 +178	+8%	+$23.6K