MFG

Merit Financial Group Portfolio holdings

AUM $6.67B

This Quarter Return

-1.56%

1 Year Return

+7.66%

3 Year Return

+18.97%

5 Year Return

+93.04%

10 Year Return

–

AUM

$6.67B

AUM Growth

+$1.11B (+20%)

Cap. Flow

+$1.23B

Cap. Flow % of AUM

18.48%

Top 10 Holdings %Top 10 Hldgs %

22.65%

Holding

1,450

New

303

Increased

824

Reduced

249

Closed

Top Buys

1	iShares MSCI ACWI ex US ETF ACWX	$94.4M
2	iShares Core S&P US Growth ETF IUSG	$75.9M
3	BlackRock US Equity Factor Rotation ETF DYNF	$61.4M
4	iShares Core S&P US Value ETF IUSV	$56M
5	iShares MSCI USA Quality Factor ETF QUAL	$54.1M

Top Sells

1	Invesco S&P 500 Low Volatility ETF SPLV	$88M
2	iShares Core MSCI EAFE ETF IEFA	$79.5M
3	Vanguard FTSE Developed Markets ETF VEA	$18.1M
4	Vanguard Short-Term Treasury ETF VGSH	$13.9M
5	American Century Diversified Corporate Bond ETF KORP	$12.5M

Sector Composition

1	Technology	8.62%
2	Financials	5.17%
3	Industrials	4.28%
4	Healthcare	3.19%
5	Consumer Discretionary	3.11%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
476	476 Royal Gold RGLD $10.2B	$1.7M	0.03%	10,388 +6,939	+201%	+$1.13M
477	477 Micron Technology MU $127B	$1.69M	0.03%	19,475 +3,593	+23%	+$312K
478	478 Otis Worldwide OTIS $39.9B	$1.69M	0.03%	16,355 +5,565	+52%	+$574K
479	479 InterDigital IDCC $5.95B	$1.69M	0.03%	8,161 -3,827	-32%	-$791K
480	480 SPDR MSCI World StrategicFactors ETF QWLD $164M	$1.68M	0.03%	13,166 +2,907	+28%	+$371K
481	481 Aon AON $76.6B	$1.68M	0.03%	4,210 +771	+22%	+$308K
482	482 Invesco S&P SmallCap Momentum ETF XSMO $1.75B	$1.67M	0.03%	26,592 -2,322	-8%	-$146K
483	483 Omega Healthcare OHI $10.9B	$1.66M	0.02%	43,594 +9,519	+28%	+$362K
484	484 Direxion Daily Semiconductor Bull 3X Shares SOXL $14.6B	$1.66M	0.02%	104,040 +59,195	+132%	+$944K
485	485 Unilever UL $147B	$1.65M	0.02%	27,789 +13,468	+94%	+$802K
486	486 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE $7.19B	$1.65M	0.02%	53,596 -53,994	-50%	-$1.66M
487	487 Steel Dynamics STLD $19.5B	$1.64M	0.02%	13,104 +646	+5%	+$80.8K
488	488 Tractor Supply TSCO $30.1B	$1.64M	0.02%	29,689 +5,125	+21%	+$282K
489	489 DuPont de Nemours DD $31.2B	$1.63M	0.02%	21,784 +3,288	+18%	+$246K
490	490 Tapestry TPR $21.2B	$1.63M	0.02%	23,082 +10,879	+89%	+$766K
491	491 SPDR S&P 1500 Value Tilt ETF VLU $496M	$1.6M	0.02%	8,719 +18	+0.2%	+$3.31K
492	492 Invesco CEF Income Composite ETF PCEF $822M	$1.6M	0.02%	84,772 -548	-0.6%	-$10.3K
493	493 iShares Core 1-5 Year USD Bond ETF ISTB $4.41B	$1.59M	0.02%	+32,903	New	+$1.59M
494	494 Constellation Energy CEG $96.6B	$1.59M	0.02%	7,890 +1,689	+27%	+$341K
495	495 KLA KLAC $124B	$1.59M	0.02%	2,336 +367	+19%	+$249K
496	496 Pultegroup PHM $21.9B	$1.58M	0.02%	15,388 +2,613	+20%	+$269K
497	497 Goldman Sachs BDC GSBD $1.4B	$1.58M	0.02%	135,444	–	–
498	498 Global X 1-3 Month T-Bill ETF CLIP $1.51B	$1.57M	0.02%	+15,677	New	+$1.57M
499	499 SPDR S&P 600 Small Cap Value ETF SLYV $3.78B	$1.56M	0.02%	19,954 +6,472	+48%	+$507K
500	500 iShares MSCI Emerging Markets ETF EEM $18.7B	$1.56M	0.02%	35,632 +8,430	+31%	+$368K