Manchester Financial Portfolio holdings

AUM $478M

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4

This Quarter Return

+1.77%

1 Year Return

+17.5%

3 Year Return

+46.45%

5 Year Return

+96.93%

10 Year Return

–

AUM

$457M

AUM Growth

+$457M (-0.91%)

Cap. Flow

+$81.9M

Cap. Flow % of AUM

17.93%

Top 10 Holdings % Top 10 Hldgs %

71.22%

Holding

117

New

Increased

Reduced

Closed

Top Buys

1	Schwab US Broad Market ETF SCHB	$53M
2	Schwab US Large- Cap ETF SCHX	$19.1M
3	Schwab US Mid-Cap ETF SCHM	$14.6M
4	First Trust Intermediate Duration Investment Grade Corporate ETF FIIG	$5.46M
5	Invesco S&P MidCap Momentum ETF XMMO	$4.06M

Top Sells

1	Invesco BulletShares 2027 Corporate Bond ETF BSCR	$5.27M
2	Cambria Shareholder Yield ETF SYLD	$3.68M
3	TBIL US Treasury 3 Month Bill ETF TBIL	$3.33M
4	First Trust Enhanced Short Maturity ETF FTSM	$2.47M
5	Invesco S&P 500 Equal Weight ETF RSP	$2.14M

Sector Composition

1	Technology	10.87%
2	Financials	2.23%
3	Communication Services	2.23%
4	Consumer Staples	1.62%
5	Consumer Discretionary	1.44%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
101	101 ServiceNow NOW $190B	$223K	0.05%	210 -113	-35%	-$120K
102	102 Intuitive Surgical ISRG $170B	$222K	0.05%	425	–	–
103	103 Enbridge ENB $105B	$219K	0.05%	5,151	–	–
104	104 Netflix NFLX $513B	$213K	0.05%	+239	New	+$213K
105	105 TJX Companies TJX $152B	$213K	0.05%	1,761	–	–
106	106 Schwab 1000 Index ETF SCHK $4.53B	$211K	0.05%	7,450 +3,725	+100%	+$105K
107	107 Lockheed Martin LMT $106B	$206K	0.05%	425	–	–
108	108 VictoryShares US Value Momentum ETF ULVM $172M	$200K	0.04%	+2,487	New	+$200K
109	109 Invesco S&P Emerging Markets Momentum ETF EEMO $13.9M	$189K	0.04%	+11,638	New	+$189K
110	110 Ford F $46.8B	$182K	0.04%	18,359 -1,000	-5%	-$9.9K
111	111 YieldMax XOM Option Income Strategy ETF XOMO $62.3M	$173K	0.04%	11,809 +1,607	+16%	+$23.5K
112	112 AGNC Investment AGNC $10.2B	$121K	0.03%	13,171	–	–
113	113 Achieve Life Sciences ACHV $152M	$69.1K	0.02%	19,630	–	–
114	AMLI 114 DELISTED American Lithium Corp. Common Stock AMLI	–	–	-30,000	Closed	-$16.9K
115	115 Mohawk Industries MHK $8.24B	–	–	-9,058	Closed	-$1.46M
116	116 monday.com MNDY $9.95B	–	–	-722	Closed	-$201K
117	117 TEGNA Inc TGNA $3.41B	–	–	-117,843	Closed	-$1.86M