Oxbow Advisors Portfolio holdings

AUM $947M

AUM

$947M

AUM Growth

+$97M (+11%)

Cap. Flow

+$94.6M

Cap. Flow % of AUM

10%

Top 10 Holdings %Top 10 Hldgs %

45.97%

Holding

227

New

Increased

Reduced

Closed

Top Buys

1	Vanguard World Funds Extended Duration ETF EDV	$63.9M
2	US Treasury 3 Month Bill ETF TBIL	$17.1M
3	Moody's MCO	$5.57M
4	Vale VALE	$4.89M
5	Pan American Silver PAAS	$4.47M

Top Sells

1	Williams Companies WMB	$7.33M
2	ConocoPhillips COP	$5.02M
3	Mastercard MA	$4.25M
4	O'Reilly Automotive ORLY	$3.54M
5	Visa V	$3.34M

Sector Composition

1	Energy	13.98%
2	Materials	10.03%
3	Technology	8.93%
4	Healthcare	6.6%
5	Financials	6.31%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 US Treasury 3 Month Bill ETF TBIL $5.84B	$129M	13.62%	2,578,149 +342,602	+15%	+$17.1M
2	2 Vanguard World Funds Extended Duration ETF EDV $3.45B	$63.9M	6.75%	898,800	New	+$63.9M
3	3 iShares Gold Trust IAU $46B	$57M	6.03%	967,484 +2,769	+0.3%	+$163K
4	4 Enterprise Products Partners EPD $68.2B	$46.4M	4.9%	1,358,274 +8,978	+0.7%	+$307K
5	5 Microsoft MSFT $3.5T	$31.4M	3.32%	83,768 +5,094	+6%	+$1.91M
6	6 Apple AAPL $3.05T	$25.5M	2.69%	114,608 +414	+0.4%	+$92K
7	7 Alphabet (Google) Class C GOOG $2.12T	$22.2M	2.34%	141,838 -3,367	-2%	-$526K
8	8 MPLX MPLX $52.4B	$21.5M	2.28%	402,606 +3,904	+1%	+$209K
9	9 Agnico Eagle Mines AEM $59.4B	$19.2M	2.03%	177,160 -396	-0.2%	-$42.9K
10	10 Royal Gold RGLD $11.6B	$19.1M	2.02%	116,887 +2,039	+2%	+$333K
11	11 iShares Treasury Floating Rate Bond ETF TFLO $6.98B	$15.1M	1.59%	297,910 +2,084	+0.7%	+$106K
12	12 Moody's MCO $88B	$14.8M	1.56%	31,809 +11,956	+60%	+$5.57M
13	BA.PRA 13 The Boeing Company Depositary Shares, each representing a 1/20th interest in a share of 6.00% Series A Mandatory Convertible Preferred Stock, par value $1.00 BA.PRA $7.87B	$13.5M	1.43%	225,643 +3,405	+2%	+$204K
14	14 Mastercard MA $536B	$12.9M	1.36%	23,523 -7,746	-25%	-$4.25M
15	15 Distillate US Fundamental Stability & Value ETF DSTL $1.87B	$12M	1.26%	220,615 +3,747	+2%	+$203K
16	16 iShares Silver Trust SLV $16.5B	$11.7M	1.24%	378,623 +49,194	+15%	+$1.52M
17	17 Visa V $709B	$11.1M	1.18%	31,768 -9,521	-23%	-$3.34M
18	18 Exxon Mobil XOM $449B	$10.8M	1.14%	90,613 +1,538	+2%	+$183K
19	19 O'Reilly Automotive ORLY $78.5B	$10.7M	1.13%	7,487 -2,468	-25%	-$3.54M
20	20 Energy Transfer Partners ET $61.5B	$8.83M	0.93%	474,867 +3,531	+0.8%	+$65.6K
21	21 Pan American Silver PAAS $10.4B	$8.66M	0.91%	335,110 +172,944	+107%	+$4.47M
22	22 WELLS FARGO 7.5% NON CUMV PERP CONV WFC.PRL $4.56B	$8.62M	0.91%	7,180 +320	+5%	+$384K
23	23 Adobe ADBE $178B	$8.59M	0.91%	22,404 +561	+3%	+$215K
24	24 Alerian MLP ETF AMLP $10.4B	$8.47M	0.89%	163,081 +5,942	+4%	+$309K
25	25 SPDR Gold Trust GLD $98.5B	$8.39M	0.89%	29,117 -16	-0.1%	-$4.61K