NFC

Northeast Financial Consultants Portfolio holdings

AUM $2.26B

AUM

$2.26B

AUM Growth

-$116M (-5%)

Cap. Flow

+$19.7M

Cap. Flow % of AUM

0.87%

Top 10 Holdings %Top 10 Hldgs %

53.71%

Holding

295

New

Increased

Reduced

Closed

Top Buys

1	Blackstone Secured Lending BXSL	$25.3M
2	Golub Capital BDC GBDC	$23.5M
3	Blue Owl Capital OBDC	$6.1M
4	Invesco S&P 500 Equal Weight ETF RSP	$5.19M
5	Ares Capital ARCC	$3.46M

Top Sells

1	JPMorgan Chase JPM	$7.32M
2	iShares Core S&P Total US Stock Market ETF ITOT	$6.77M
3	Vanguard Dividend Appreciation ETF VIG	$6.04M
4	SPDR S&P 500 ETF Trust SPY	$4.27M
5	Apple AAPL	$3.16M

Sector Composition

1	Financials	14.23%
2	Technology	8.01%
3	Healthcare	3.77%
4	Communication Services	3.39%
5	Consumer Discretionary	3.25%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Growth ETF VUG $168B	$286M	12.66%	770,019 -2,379	-0.3%	-$882K
2	2 Vanguard S&P 500 ETF VOO $670B	$237M	10.52%	461,828 -271	-0.1%	-$139K
3	3 Vanguard Dividend Appreciation ETF VIG $90.6B	$124M	5.5%	638,946 -31,131	-5%	-$6.04M
4	4 Blackstone Secured Lending BXSL $7.05B	$102M	4.51%	3,142,688 +781,394	+33%	+$25.3M
5	5 SPDR S&P 500 ETF Trust SPY $636B	$93.5M	4.14%	167,098 -7,640	-4%	-$4.27M
6	6 iShares Core Dividend Growth ETF DGRO $31.3B	$90.8M	4.02%	1,469,209 +20,768	+1%	+$1.28M
7	7 Invesco QQQ Trust QQQ $342B	$86.2M	3.82%	183,918 +1,518	+0.8%	+$712K
8	8 Apple AAPL $3.01T	$68.3M	3.03%	307,649 -14,232	-4%	-$3.16M
9	9 Golub Capital BDC GBDC $3.8B	$62.4M	2.77%	4,120,043 +1,552,223	+60%	+$23.5M
10	10 Vanguard High Dividend Yield ETF VYM $59.6B	$61.5M	2.73%	477,068 -2,133	-0.5%	-$275K
11	11 Amazon AMZN $2.21T	$56.3M	2.5%	295,910 -844	-0.3%	-$161K
12	12 Microsoft MSFT $3.61T	$53.4M	2.37%	142,174 -463	-0.3%	-$174K
13	13 Pacer US Cash Cows 100 ETF COWZ $21.4B	$42.8M	1.9%	781,468 -33,620	-4%	-$1.84M
14	14 First Trust Dow Jones Internet Index Fund ETF FDN $6.93B	$34.3M	1.52%	154,269 -1,229	-0.8%	-$273K
15	15 Alphabet (Google) Class C GOOG $2.01T	$32.8M	1.45%	210,021	–	–
16	16 Vanguard Total Stock Market ETF VTI $483B	$29.6M	1.31%	107,749 -3,148	-3%	-$865K
17	17 JPMorgan Chase JPM $773B	$29.6M	1.31%	120,671 -29,861	-20%	-$7.32M
18	18 Alphabet (Google) Class A GOOGL $2T	$29.3M	1.3%	189,357 -663	-0.4%	-$103K
19	19 Pfizer PFE $137B	$29.2M	1.29%	1,151,930 -4,367	-0.4%	-$111K
20	20 iShares Expanded Tech-Software Sector ETF IGV $11.7B	$28.8M	1.28%	324,005 -5,716	-2%	-$509K
21	21 Technology Select Sector SPDR Fund XLK $75.8B	$21.1M	0.94%	102,372 -4,928	-5%	-$1.02M
22	22 iShares Core S&P Small-Cap ETF IJR $78.3B	$20.6M	0.91%	196,975 -23,972	-11%	-$2.51M
23	23 iShares Core S&P Total US Stock Market ETF ITOT $68.5B	$20.3M	0.9%	166,222 -55,498	-25%	-$6.77M
24	24 Ares Capital ARCC $14.9B	$19M	0.84%	857,410 +155,924	+22%	+$3.46M
25	25 NVIDIA NVDA $3.52T	$18.3M	0.81%	168,937 -3,204	-2%	-$347K