OPAM

Ocean Park Asset Management Portfolio holdings

AUM $2.82B

This Quarter Return

+0.62%

1 Year Return

+4.12%

3 Year Return

+21.76%

5 Year Return

–

10 Year Return

–

AUM

$2.82B

AUM Growth

-$120M (-4%)

Cap. Flow

-$108M

Cap. Flow % of AUM

-3.82%

Top 10 Holdings %Top 10 Hldgs %

71.56%

Holding

103

New

Increased

Reduced

Closed

Top Buys

1	Vanguard Long-Term Corporate Bond ETF VCLT	$101M
2	iShares 20+ Year Treasury Bond ETF TLT	$86.3M
3	SPDR Portfolio High Yield Bond ETF SPHY	$72.1M
4	iShares Broad USD High Yield Corporate Bond ETF USHY	$69.8M
5	VanEck JP Morgan EM Local Currency Bond ETF EMLC	$37.4M

Top Sells

1	Invesco Senior Loan ETF BKLN	$279M
2	SPDR Blackstone Senior Loan ETF SRLN	$101M
3	SPDR Bloomberg Convertible Securities ETF CWB	$67.8M
4	Vanguard Growth ETF VUG	$38.5M
5	Vanguard Small-Cap Growth ETF VBK	$30.7M

Sector Composition

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 Tortoise North American Pipeline Fund TPYP $695M	$3.92M	0.14%	+107,700	New	+$3.92M
52	52 iShares CMBS ETF CMBS $457M	$3.04M	0.11%	63,286 +16,700	+36%	+$802K
53	53 Invesco S&P 500 Equal Weight Energy ETF RSPG $428M	$2.86M	0.1%	+34,954	New	+$2.86M
54	54 SPDR Blackstone High Income ETF HYBL $429M	$2.53M	0.09%	89,800	–	–
55	55 First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF HYLS $1.67B	$2.52M	0.09%	61,400	–	–
56	56 Pacer Pacific Asset Floating Rate High Income ETF FLRT $527M	$2.32M	0.08%	49,336 +36,000	+270%	+$1.7M
57	57 Vanguard FTSE Europe ETF VGK $26B	$2.27M	0.08%	+32,305	New	+$2.27M
58	58 PGIM Floating Rate Income ETF PFRL $80.3M	$1.84M	0.07%	+36,917	New	+$1.84M
59	59 Invesco S&P 500 Equal Weight ETF RSP $73.9B	$1.32M	0.05%	7,600 +2,280	+43%	+$395K
60	60 iShares MSCI ACWI ex US ETF ACWX $6.44B	$1.28M	0.05%	23,168	–	–
61	61 iShares MBS ETF MBB $38.8B	$1.24M	0.04%	+13,189	New	+$1.24M
62	62 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $29.2B	$1.23M	0.04%	+11,353	New	+$1.23M
63	63 iShares JPMorgan USD Emerging Markets Bond ETF EMB $13.7B	$1.21M	0.04%	13,352 +5,241	+65%	+$475K
64	64 Vanguard FTSE All-World ex-US ETF VEU $46.3B	$914K	0.03%	15,062 +598	+4%	+$36.3K
65	65 Vanguard Total International Bond ETF BNDX $67.3B	$821K	0.03%	16,817 -3,238	-16%	-$158K
66	66 Dimensional International Small Cap Value ETF DISV $3.26B	$734K	0.03%	+25,200	New	+$734K
67	67 iShares Select Dividend ETF DVY $20B	$698K	0.02%	5,200 +1,560	+43%	+$209K
68	68 Vanguard Mid-Cap Value ETF VOE $18.1B	$674K	0.02%	4,200 +1,260	+43%	+$202K
69	69 Pacer US Cash Cows 100 ETF COWZ $20.6B	$638K	0.02%	11,650 +3,495	+43%	+$191K
70	70 Vanguard FTSE Emerging Markets ETF VWO $93.5B	$583K	0.02%	12,892 +5,902	+84%	+$267K
71	71 iShares MSCI EAFE Growth ETF EFG $13B	$583K	0.02%	+5,831	New	+$583K
72	72 Principal Active High Yield ETF YLD $321M	$419K	0.01%	21,978	–	–
73	73 iShares National Muni Bond ETF MUB $38.3B	$409K	0.01%	3,875 -780	-17%	-$82.2K
74	74 iShares JPMorgan EM High Yield Bond ETF EMHY $445M	$297K	0.01%	7,761	–	–
75	75 iShares MSCI EAFE Small-Cap ETF SCZ $10.3B	$240K	0.01%	+3,770	New	+$240K