Norden Group Portfolio holdings

AUM $921M

This Quarter Return

-0.49%

1 Year Return

+19.49%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$869M

AUM Growth

-$15.3M (-2%)

Cap. Flow

+$5.18M

Cap. Flow % of AUM

0.6%

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 US Telecommunications ETF IYZ	$9.55M
3	iShares US Consumer Discretionary ETF IYC	$9.52M
4	iShares US Financials ETF IYF	$9.27M
5	iShares US Utilities ETF IDU	$8.92M

Sector Composition

1	Technology	19.89%
2	Financials	9.43%
3	Healthcare	9.34%
4	Consumer Discretionary	6.77%
5	Industrials	5.91%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
101	101 CME Group CME $101B	$1.68M	0.19%	6,330 +147	+2%	+$39K
102	102 Salesforce CRM $257B	$1.64M	0.19%	6,097 -2,134	-26%	-$573K
103	103 Applied Materials AMAT $149B	$1.6M	0.18%	11,059 +1,306	+13%	+$190K
104	104 Occidental Petroleum OXY $44B	$1.6M	0.18%	32,372 +2,504	+8%	+$124K
105	105 Gartner IT $27.4B	$1.58M	0.18%	3,760 -169	-4%	-$70.9K
106	106 SPDR SSGA US Large Cap Low Volatility Index ETF LGLV $1.08B	$1.56M	0.18%	8,990	–	–
107	107 Cintas CTAS $90.1B	$1.56M	0.18%	7,573 +2,904	+62%	+$597K
108	108 iShares Core Dividend Growth ETF DGRO $32.9B	$1.55M	0.18%	25,163 +495	+2%	+$30.6K
109	109 Enbridge ENB $98B	$1.54M	0.18%	34,859 -718	-2%	-$31.8K
110	110 Automatic Data Processing ADP $125B	$1.53M	0.18%	5,020 -293	-6%	-$89.5K
111	111 Morgan Stanley MS $229B	$1.52M	0.18%	13,057 -1,076	-8%	-$126K
112	112 Curtiss-Wright CW $18.3B	$1.51M	0.17%	4,771 -1,475	-24%	-$468K
113	113 Altria Group MO $101B	$1.5M	0.17%	25,020 -6,574	-21%	-$395K
114	114 Williams Companies WMB $70.6B	$1.5M	0.17%	25,066 -1,506	-6%	-$90K
115	115 Caterpillar CAT $204B	$1.47M	0.17%	4,453 -760	-15%	-$251K
116	116 SPS Commerce SPSC $5.18B	$1.44M	0.17%	10,815 -4,014	-27%	-$533K
117	117 JPMorgan Core Plus Bond ETF JCPB $7.02B	$1.42M	0.16%	30,265 +2,600	+9%	+$122K
118	118 Casey's General Stores CASY $19.6B	$1.42M	0.16%	3,278 -58	-2%	-$25.2K
119	119 Copart CPRT $45.1B	$1.42M	0.16%	25,106 -374	-1%	-$21.2K
120	120 T-Mobile US TMUS $274B	$1.42M	0.16%	5,326 -74	-1%	-$19.7K
121	121 MetLife MET $52.7B	$1.41M	0.16%	17,563 +1,527	+10%	+$123K
122	122 Paycom PAYC $13.4B	$1.4M	0.16%	6,423 -182	-3%	-$39.8K
123	123 American Express AXP $217B	$1.4M	0.16%	5,189 -122	-2%	-$32.8K
124	124 Citigroup C $177B	$1.39M	0.16%	19,564 -4,203	-18%	-$298K
125	125 Union Pacific UNP $133B	$1.39M	0.16%	5,875 +4,332	+281%	+$1.02M