MFS

Madrona Financial Services Portfolio holdings

AUM $364M

AUM

$364M

AUM Growth

-$3.54M (-1%)

Cap. Flow

+$34.6M

Cap. Flow % of AUM

9.52%

Top 10 Holdings %Top 10 Hldgs %

60.12%

Holding

117

New

Increased

Reduced

Closed

Top Buys

1	iShares Core S&P 500 ETF IVV	$18.6M
2	Vanguard Total Bond Market BND	$11.6M
3	BlackRock US Equity Factor Rotation ETF DYNF	$10.8M
4	iShares MSCI ACWI ex US ETF ACWX	$8.91M
5	Vanguard Small-Cap ETF VB	$8.55M

Top Sells

1	iShares S&P 500 Growth ETF IVW	$10.3M
2	Pacer US Small Cap Cash Cows 100 ETF CALF	$9.14M
3	First Trust Dorsey Wright Focus 5 ETF FV	$5.88M
4	Main Sector Rotation ETF SECT	$5.46M
5	Fidelity High Dividend ETF FDVV	$5.02M

Sector Composition

1	Technology	10.5%
2	Financials	2.04%
3	Consumer Staples	1.6%
4	Real Estate	1.58%
5	Consumer Discretionary	1.43%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 AbbVie ABBV $336B	$558K	0.15%	2,662 +28	+1%	+$5.87K
52	52 Cigna CI $82.9B	$550K	0.15%	1,673 +10	+0.6%	+$3.29K
53	53 Cisco CSCO $261B	$549K	0.15%	8,893 +45	+0.5%	+$2.78K
54	54 VanEck CEF Muni Income ETF XMPT $166M	$534K	0.15%	24,695 +977	+4%	+$21.1K
55	55 iShares Select Dividend ETF DVY $19.4B	$529K	0.15%	3,940 +98	+3%	+$13.2K
56	56 SPDR Gold Trust GLD $98.8B	$526K	0.14%	1,824 +159	+10%	+$45.8K
57	57 Dimensional US Equity ETF DFUS $14.8B	$517K	0.14%	8,547	–	–
58	58 Global X US Preferred ETF PFFD $2.3B	$495K	0.14%	26,024 +1,080	+4%	+$20.6K
59	59 Innovator S&P Investment Grade Preferred ETF EPRF $86.5M	$491K	0.14%	27,798 +1,201	+5%	+$21.2K
60	60 iShares 20+ Year Treasury Bond ETF TLT $50B	$487K	0.13%	5,354 -33,482	-86%	-$3.05M
61	61 FT Vest US Equity Moderate Buffer ETF December GDEC $427M	$481K	0.13%	14,515	–	–
62	62 First Trust Exchange-Traded Fund VIII First Trust Smith Opportunistic Fixed Income ETF FIXD $3.37B	$460K	0.13%	10,499 -69,871	-87%	-$3.06M
63	63 Vanguard High Dividend Yield ETF VYM $59.5B	$448K	0.12%	3,473 +78	+2%	+$10.1K
64	64 Vanguard Dividend Appreciation ETF VIG $90.2B	$416K	0.11%	2,146	–	–
65	65 Union Pacific UNP $134B	$415K	0.11%	1,757 -14	-0.8%	-$3.31K
66	66 Procter & Gamble PG $382B	$386K	0.11%	2,265 -11	-0.5%	-$1.88K
67	ABFL 67 Abacus FCF Leaders ETF ABFL $710M	$363K	0.1%	5,678	–	–
68	DECM 68 FT Vest U.S. Equity Max Buffer ETF - December DECM $38.4M	$362K	0.1%	11,853	–	–
69	69 Automatic Data Processing ADP $130B	$350K	0.1%	1,147 +4	+0.4%	+$1.22K
70	70 Howmet Aerospace HWM $71.1B	$348K	0.1%	2,686	–	–
71	71 Visa V $699B	$341K	0.09%	974 +91	+10%	+$31.9K
72	72 iShares High Yield Systematic Bond ETF HYDB $1.45B	$339K	0.09%	7,204 +248	+4%	+$11.7K
73	73 Vanguard Short-Term Bond ETF BSV $38B	$338K	0.09%	4,320 -53,034	-92%	-$4.15M
74	74 McDonald's MCD $215B	$334K	0.09%	1,069 -1	-0.1%	-$312
75	NOVM 75 FT Vest U.S. Equity Max Buffer ETF - November NOVM $21.2M	$331K	0.09%	10,880	–	–