PAS

Park Avenue Securities Portfolio holdings

AUM $10.9B

This Quarter Return

-0.46%

1 Year Return

+15.36%

3 Year Return

+52.75%

5 Year Return

+77.32%

10 Year Return

+122.85%

AUM

$8.14B

AUM Growth

-$1.59B (-16%)

Cap. Flow

-$1.48B

Cap. Flow % of AUM

-18.24%

Top 10 Holdings %Top 10 Hldgs %

42.26%

Holding

1,564

New

104

Increased

705

Reduced

335

Closed

409

Top Buys

1	iShares S&P 500 Value ETF IVE	$95.8M
2	iShares 10-20 Year Treasury Bond ETF TLH	$88.7M
3	iShares Core MSCI Emerging Markets ETF IEMG	$59.4M
4	iShares MSCI USA Quality Factor ETF QUAL	$51.2M
5	iShares Gold Trust IAU	$40.8M

Top Sells

1	iShares MSCI EAFE Growth ETF EFG	$135M
2	Apple AAPL	$117M
3	NVIDIA NVDA	$115M
4	iShares National Muni Bond ETF MUB	$110M
5	iShares MSCI USA Momentum Factor ETF MTUM	$105M

Sector Composition

1	Technology	3.41%
2	Financials	3.15%
3	Healthcare	2.58%
4	Industrials	2.52%
5	Communication Services	1.97%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Core S&P 500 ETF IVV $628B	$814M	10.01%	1,449,283 -102,852	-7%	-$57.8M
2	2 iShares Core Total USD Bond Market ETF IUSB $32.6B	$502M	6.17%	10,891,893 -6,193	-0.1%	-$285K
3	3 iShares MSCI USA Quality Factor ETF QUAL $52.6B	$425M	5.23%	2,489,669 +299,548	+14%	+$51.2M
4	4 iShares S&P 500 Growth ETF IVW $61.1B	$366M	4.5%	3,942,984 +125,442	+3%	+$11.6M
5	5 BlackRock US Equity Factor Rotation ETF DYNF $19.4B	$339M	4.16%	6,947,393 +549,094	+9%	+$26.8M
6	6 iShares MSCI EAFE Value ETF EFV $25.9B	$296M	3.64%	5,028,548 -1,147,323	-19%	-$67.6M
7	7 iShares S&P 500 Value ETF IVE $39.2B	$276M	3.4%	1,450,465 +502,776	+53%	+$95.8M
8	8 iShares MSCI EAFE Growth ETF EFG $12.9B	$158M	1.94%	1,581,470 -1,345,479	-46%	-$135M
9	9 iShares US Technology ETF IYW $22B	$136M	1.67%	966,309 +34,529	+4%	+$4.85M
10	10 iShares MBS ETF MBB $38.8B	$125M	1.54%	1,331,733 -288,045	-18%	-$27M
11	11 iShares Core MSCI Emerging Markets ETF IEMG $98.4B	$125M	1.53%	2,312,613 +1,101,038	+91%	+$59.4M
12	12 iShares MSCI Emerging Markets ex China ETF EMXC $13.7B	$118M	1.45%	2,147,305 -567,391	-21%	-$31.3M
13	13 iShares 10-20 Year Treasury Bond ETF TLH $11.2B	$110M	1.35%	1,059,355 +854,645	+417%	+$88.7M
14	14 Dimensional US Core Equity 2 ETF DFAC $35.1B	$92.8M	1.14%	2,814,004 +263,582	+10%	+$8.7M
15	15 SPDR S&P 500 ETF Trust SPY $641B	$86.9M	1.07%	155,382 -11,358	-7%	-$6.35M
16	16 iShares Gold Trust IAU $47.7B	$81.1M	1%	1,374,967 +692,113	+101%	+$40.8M
17	17 BlackRock Flexible Income ETF BINC $10.1B	$78.5M	0.96%	1,497,794 -11,898	-0.8%	-$623K
18	18 SPDR Portfolio Developed World ex-US ETF SPDW $26.8B	$68.2M	0.84%	1,873,561 +219,363	+13%	+$7.99M
19	19 Dimensional US High Profitability ETF DUHP $8.75B	$59.2M	0.73%	1,787,044 +91,862	+5%	+$3.04M
20	20 Dimensional International Core Equity 2 ETF DFIC $9.6B	$57.3M	0.7%	2,064,742 +100,865	+5%	+$2.8M
21	21 Vanguard Small-Cap ETF VB $63.8B	$56.2M	0.69%	253,274 +18,969	+8%	+$4.21M
22	22 SPDR Portfolio S&P 500 ETF SPLG $74.8B	$56.1M	0.69%	852,655 +46,195	+6%	+$3.04M
23	23 Vanguard Total Stock Market ETF VTI $501B	$55.7M	0.69%	202,762 -1,795	-0.9%	-$493K
24	24 iShares Core US Aggregate Bond ETF AGG $128B	$55.1M	0.68%	557,049 -17,952	-3%	-$1.78M
25	25 Schwab US Large-Cap Growth ETF SCHG $44.8B	$54.7M	0.67%	2,182,955 +493,975	+29%	+$12.4M