PAS

Park Avenue Securities Portfolio holdings

AUM $8.14B

AUM

$8.14B

AUM Growth

-$1.59B (-16%)

Cap. Flow

+$352M

Cap. Flow % of AUM

4.33%

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	iShares MSCI EAFE Value ETF EFV	$67.6M
3	iShares Core S&P 500 ETF IVV	$57.8M
4	iShares US Infrastructure ETF IFRA	$31.3M
5	iShares MSCI Emerging Markets ex China ETF EMXC	$31.3M

Sector Composition

1	Technology	3.5%
2	Financials	3.15%
3	Healthcare	2.58%
4	Industrials	2.52%
5	Communication Services	1.9%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 iShares Core MSCI EAFE ETF IEFA $138B	$22.3M	0.27%	294,950 -11,973	-4%	-$906K
52	52 SPDR SSGA US Sector Rotation ETF XLSR $697M	$21.9M	0.27%	430,923 +10,698	+3%	+$543K
53	53 Vanguard Short-Term Treasury ETF VGSH $22.4B	$21.8M	0.27%	371,046 +12,172	+3%	+$714K
54	54 Dimensional Short-Duration Fixed Income ETF DFSD $4.46B	$21.6M	0.27%	453,675 +14,455	+3%	+$687K
55	55 Technology Select Sector SPDR Fund XLK $70.9B	$20.9M	0.26%	101,382 -21,042	-17%	-$4.34M
56	56 JPMorgan BetaBuilders US Equity ETF BBUS $4.57B	$20.9M	0.26%	207,284 +52,346	+34%	+$5.28M
57	57 Vanguard Value ETF VTV $132B	$20.6M	0.25%	119,310 +19,376	+19%	+$3.35M
58	58 Netflix NFLX $508B	$20.4M	0.25%	21,892 +2,806	+15%	+$2.62M
59	59 Walmart WMT $772B	$20.4M	0.25%	231,877 +32,036	+16%	+$2.81M
60	60 iShares ESG Aware MSCI USA ETF ESGU $13.2B	$20.3M	0.25%	166,700 -118,616	-42%	-$14.5M
61	61 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $45.7B	$20.3M	0.25%	221,443 +10,124	+5%	+$929K
62	62 SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB $9.31B	$20.3M	0.25%	609,472 +18,672	+3%	+$621K
63	63 Eli Lilly LLY $651B	$19.5M	0.24%	23,661 +4,387	+23%	+$3.62M
64	64 Invesco QQQ Trust QQQ $325B	$18.7M	0.23%	39,919 +10,885	+37%	+$5.1M
65	65 Vanguard Intermediate-Term Treasury ETF VGIT $31.3B	$18.2M	0.22%	306,992 -11,055	-3%	-$657K
66	66 Dimensional Emerging Core Equity Market ETF DFAE $5.63B	$18.2M	0.22%	701,051 +46,679	+7%	+$1.21M
67	67 Vanguard Intermediate-Term Corporate Bond ETF VCIT $52B	$18.1M	0.22%	221,298 +9,302	+4%	+$761K
68	68 Avantis Core Fixed Income ETF AVIG $1.06B	$17.7M	0.22%	428,538 +47,671	+13%	+$1.97M
69	69 iShares MSCI KLD 400 Social ETF DSI $4.49B	$17.6M	0.22%	172,260 +5,531	+3%	+$566K
70	70 Philip Morris PM $272B	$17.3M	0.21%	108,884 +8,058	+8%	+$1.28M
71	71 UnitedHealth UNH $275B	$17.2M	0.21%	32,862 +828	+3%	+$434K
72	72 Vanguard S&P 500 ETF VOO $645B	$16.7M	0.2%	32,463 +5,428	+20%	+$2.79M
73	73 Johnson & Johnson JNJ $369B	$16.6M	0.2%	100,307 +22,768	+29%	+$3.78M
74	74 Avantis International Equity ETF AVDE $6.88B	$16.6M	0.2%	250,116 -80,186	-24%	-$5.31M
75	75 Chevron CVX $235B	$16.3M	0.2%	97,305 +12,540	+15%	+$2.1M