NCM

Northwest Capital Management Portfolio holdings

AUM $185M

1-Year Return 12.09%

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 2018 Q3 2018 Q2 2018 Q1 2017 Q4

This Quarter Return

+6.83%

1 Year Return

+12.09%

3 Year Return

+47.59%

5 Year Return

+69.78%

10 Year Return

–

AUM

$239M

AUM Growth

+$32.5M (+16%)

Cap. Flow

+$19.9M

Cap. Flow % of AUM

8.36%

Top 10 Holdings % Top 10 Hldgs %

48.22%

Holding

563

New

460

Increased

Reduced

Closed

–

Top Buys

1	Microsoft MSFT	$2.3M
2	iShares MSCI USA Quality Factor ETF QUAL	$1.29M
3	SPDR Portfolio Aggregate Bond ETF SPAB	$610K
4	iShares MBS ETF MBB	$387K
5	Dow Inc DOW	$362K

Top Sells

1	iShares ESG Aware MSCI USA ETF ESGU	$441K
2	Schwab Long-Term US Treasury ETF SCHQ	$272K
3	iShares MSCI Emerging Markets Min Vol Factor ETF EEMV	$272K
4	Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF PDBC	$230K
5	iShares GSCI Commodity Dynamic Roll Strategy ETF COMT	$189K

Sector Composition

1	Technology	13.7%
2	Consumer Discretionary	10.19%
3	Consumer Staples	2.85%
4	Healthcare	2.01%
5	Financials	1.82%

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
376	376 Estee Lauder EL $32.1B	$9.62K	﹤0.01%	+49	New	+$9.62K
377	377 Valero Energy VLO $48.7B	$9.62K	﹤0.01%	+82	New	+$9.62K
378	378 Illumina ILMN $15.7B	$9.38K	﹤0.01%	+51	New	+$9.38K
379	379 iShares Broad USD Investment Grade Corporate Bond ETF USIG $14.8B	$9.37K	﹤0.01%	+187	New	+$9.37K
380	380 iShares Short Maturity Bond ETF NEAR $3.51B	$9.35K	﹤0.01%	+188	New	+$9.35K
381	381 Masco MAS $15.9B	$9.31K	﹤0.01%	+162	New	+$9.31K
382	382 PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund HYS $1.44B	$9.3K	﹤0.01%	+102	New	+$9.3K
383	383 S&P Global SPGI $164B	$9.22K	﹤0.01%	+23	New	+$9.22K
384	384 Broadcom AVGO $1.58T	$9.15K	﹤0.01%	+110	New	+$9.15K
385	385 Marsh & McLennan MMC $100B	$9.03K	﹤0.01%	+48	New	+$9.03K
386	386 Realty Income O $54.2B	$8.97K	﹤0.01%	+150	New	+$8.97K
387	387 Fortive FTV $16.2B	$8.82K	﹤0.01%	+118	New	+$8.82K
388	388 Okta OKTA $16.1B	$8.39K	﹤0.01%	+121	New	+$8.39K
389	389 T Rowe Price TROW $23.8B	$8.29K	﹤0.01%	+74	New	+$8.29K
390	390 Jack Henry & Associates JKHY $11.8B	$8.2K	﹤0.01%	+49	New	+$8.2K
391	391 WEC Energy WEC $34.7B	$8.19K	﹤0.01%	+93	New	+$8.19K
392	392 Invesco WilderHill Clean Energy ETF PBW $357M	$8.02K	﹤0.01%	+200	New	+$8.02K
393	393 Columbia Sportswear COLM $3.09B	$7.98K	﹤0.01%	+103	New	+$7.98K
394	394 Voya Financial VOYA $7.38B	$7.89K	﹤0.01%	+110	New	+$7.89K
395	395 New York Times NYT $9.6B	$7.88K	﹤0.01%	+200	New	+$7.88K
396	396 Consumer Discretionary Select Sector SPDR Fund XLY $23.6B	$7.88K	﹤0.01%	+46	New	+$7.88K
397	397 Burlington BURL $18.4B	$7.87K	﹤0.01%	+50	New	+$7.87K
398	398 Cigna CI $81.5B	$7.86K	﹤0.01%	+28	New	+$7.86K
399	PKST 399 Peakstone Realty Trust PKST $500M	$7.82K	﹤0.01%	+280	New	+$7.82K
400	400 Corvus Pharmaceuticals CRVS $459M	$7.78K	﹤0.01%	+3,397	New	+$7.78K