Norden Group Portfolio holdings

AUM $869M

AUM

$869M

AUM Growth

-$15.3M (-2%)

Cap. Flow

+$63.4M

Cap. Flow % of AUM

7.3%

Top 10 Holdings %Top 10 Hldgs %

30.9%

Holding

576

New

Increased

201

Reduced

257

Closed

Top Buys

1	PGIM AAA CLO ETF PAAA	$47M
2	SPDR S&P 500 ETF Trust SPY	$15.6M
3	Capital Group Short Duration Income ETF CGSD	$15.3M
4	iShares S&P 500 Growth ETF IVW	$15.2M
5	Aon AON	$2.32M

Top Sells

1	Janus Henderson AAA CLO ETF JAAA	$23.8M
2	iShares S&P 500 Value ETF IVE	$6.68M
3	Apple AAPL	$3.3M
4	Microsoft MSFT	$2.15M
5	Netflix NFLX	$2.13M

Sector Composition

1	Technology	19.98%
2	Financials	9.43%
3	Healthcare	9.34%
4	Consumer Discretionary	6.71%
5	Industrials	5.91%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
551	551 iShares US Real Estate ETF IYR $3.49B	$0	0%	0 -70,555	Closed	–
552	552 iShares US Telecommunications ETF IYZ $393M	$0	0%	0 -356,118	Closed	–
553	553 Janus Henderson B-BBB CLO ETF JBBB $1.34B	$0	0%	0 -4,109	Closed	–
554	554 KBR KBR $6.95B	$0	0%	0 -12,653	Closed	–
555	555 LeMaitre Vascular LMAT $1.9B	$0	0%	0 -2,371	Closed	–
556	556 Motorola Solutions MSI $69.8B	$0	0%	0 -440	Closed	–
557	557 National Research Corp NRC $342M	$0	0%	0 -10,324	Closed	–
558	558 Omega Flex OFLX $321M	$0	0%	0 -5,792	Closed	–
559	559 Olaplex Holdings OLPX $872M	$0	0%	0 -43,750	Closed	–
560	560 Invesco S&P 500 BuyWrite ETF PBP $144M	$0	0%	0 -10,000	Closed	–
561	561 Pricesmart PSMT $3.33B	$0	0%	0 -2,549	Closed	–
562	562 Parsons PSN $7.38B	$0	0%	0 -5,408	Closed	–
563	563 Qualys QLYS $5.15B	$0	0%	0 -4,446	Closed	–
564	564 iShares MSCI USA Quality Factor ETF QUAL $52B	$0	0%	0 -1,972	Closed	–
565	565 Smith Douglas Homes SDHC $991M	$0	0%	0 -8,989	Closed	–
566	566 ProShares UltraShort S&P500 SDS $422M	$0	0%	0 -15,000	Closed	–
567	567 Global X Defense Tech ETF SHLD $2.26B	$0	0%	0 -8,839	Closed	–
568	568 SPDR Portfolio S&P 400 Mid Cap ETF SPMD $12.7B	$0	0%	0 -4,011	Closed	–
569	569 Target TGT $44.2B	$0	0%	0 -2,229	Closed	–
570	570 WisdomTree Bloomberg US Dollar Bullish Fund USDU $169M	$0	0%	0 -7,714	Closed	–
571	571 Vanguard Dividend Appreciation ETF VIG $90.4B	$0	0%	0 -3,569	Closed	–
572	572 Valvoline VVV $4.66B	$0	0%	0 -18,744	Closed	–
573	573 Werner Enterprises WERN $1.66B	$0	0%	0 -14,959	Closed	–
574	574 Weatherford International WFRD $3.51B	$0	0%	0 -6,206	Closed	–
575	AZPN 575 DELISTED Aspen Technology Inc AZPN	$0	0%	0 -2,570	Closed	–