Northwestern Mutual Wealth Management Portfolio holdings

AUM $122B

AUM

$122B

AUM Growth

+$3.76B (+3%)

Cap. Flow

+$5.26B

Cap. Flow % of AUM

4.3%

Top 10 Holdings %Top 10 Pos %

50.22%

Holding

4,057

New

469

Increased

1,568

Reduced

1,127

Closed

409

Top Buys

1	1 iShares Core S&P 500 ETF IVV	$432M
2	2 Fidelity Total Bond ETF FBND	$355M
3	3 Schwab International Equity ETF SCHF	$258M
4	4 iShares Core S&P Mid-Cap ETF IJH	$199M
5	5 Vanguard S&P 500 ETF VOO	$156M

Top Sells

1	1 iShares Short Treasury Bond ETF SHV	$101M
2	2 Avantis International Small Cap Value ETF AVDV	$79.6M
3	3 Pacer US Cash Cows 100 ETF COWZ	$55.8M
4	4 Nextra Energy NEE	$50.5M
5	5 Pacer US Small Cap Cash Cows 100 ETF CALF	$48.7M

Sector Composition

1	Technology	3.17%
2	Financials	1.31%
3	Consumer Discretionary	1.06%
4	Communication Services	0.92%
5	Healthcare	0.84%

#	Name	Market Value	Shares or Principal	Shares Change %	Capital Flow	Portfolio Weight
1	1 iShares Core S&P 500 ETF IVV $594B	$17.6B	31,297,509 +768,618	+3%	+$432M	14.38%
2	2 Vanguard Total Bond Market BND $126B	$8.73B	118,916,992 +1,988,719	+2%	+$146M	7.14%
3	3 Schwab International Equity ETF SCHF $46.8B	$6.89B	348,092,210 +13,021,873	+4%	+$258M	5.63%
4	4 iShares Core S&P Mid-Cap ETF IJH $93.7B	$6.66B	114,080,884 +3,403,689	+3%	+$199M	5.44%
5	5 iShares Core S&P Small-Cap ETF IJR $78.6B	$4.08B	39,050,599 +923,688	+2%	+$96.6M	3.34%
6	6 Invesco S&P 500 Equal Weight ETF RSP $73.8B	$4.08B	23,554,043 +396,957	+2%	+$68.8M	3.34%
7	7 Fidelity Total Bond ETF FBND $18.3B	$3.71B	81,162,777 +7,778,802	+11%	+$355M	3.03%
8	8 iShares 20+ Year Treasury Bond ETF TLT $48B	$3.46B	38,017,057 +374,811	+1%	+$34.1M	2.83%
9	9 SPDR S&P 500 ETF Trust SPY $629B	$3.12B	5,570,066 +173,114	+3%	+$96.8M	2.55%
10	10 Vanguard FTSE Emerging Markets ETF VWO $86.8B	$3.1B	68,520,193 +2,276,593	+3%	+$103M	2.54%
11	11 Vanguard FTSE Developed Markets ETF VEA $156B	$3.03B	59,628,214 +1,840,640	+3%	+$93.6M	2.48%
12	12 iShares Core MSCI EAFE ETF IEFA $138B	$2.58B	34,156,332 +1,668,799	+5%	+$126M	2.11%
13	13 iShare MSCI Eurozone ETF EZU $7.86B	$2.25B	42,290,494 +1,149,097	+3%	+$61.2M	1.84%
14	14 iShares MSCI USA Value Factor ETF VLUE $6.49B	$2.21B	20,677,629 +536,413	+3%	+$57.2M	1.8%
15	15 Vanguard Tax-Exempt Bond Index Fund VTEB $35.7B	$1.71B	34,497,385 +857,098	+3%	+$42.5M	1.4%
16	16 Vanguard Mid-Cap ETF VO $80.5B	$1.62B	6,251,149 +458,676	+8%	+$119M	1.32%
17	17 Invesco QQQ Trust QQQ $329B	$1.5B	3,201,107 +52,234	+2%	+$24.5M	1.23%
18	18 Vanguard S&P 500 ETF VOO $657B	$1.15B	2,239,644 +303,314	+16%	+$156M	0.94%
19	19 iShares Core US Aggregate Bond ETF AGG $123B	$1.14B	11,545,869 +1,116,545	+11%	+$110M	0.93%
20	20 iShares Core Total USD Bond Market ETF IUSB $32.9B	$1.06B	22,986,670 +1,127,521	+5%	+$52M	0.87%
21	21 iShares Core MSCI Emerging Markets ETF IEMG $88.5B	$987M	18,285,595 +773,487	+4%	+$41.7M	0.81%
22	22 Vanguard Real Estate ETF VNQ $33.9B	$864M	9,543,037 +492,425	+5%	+$44.6M	0.71%
23	23 iShares National Muni Bond ETF MUB $38.9B	$800M	7,588,089 +550,570	+8%	+$58.1M	0.65%
24	24 Apple AAPL $3.11T	$789M	3,551,206 +84,990	+2%	+$18.9M	0.65%
25	25 Goldman Sachs ActiveBeta US Large Cap Equity ETF GSLC $13.3B	$765M	6,949,758 -138,442	-2%	-$15.2M	0.63%