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
1276	1276 US Physical Therapy USPH $1.12B	$0	0%	0 -4,694	Closed	–
1277	1277 Franklin US Equity Index ETF USPX $1.24B	$0	0%	0 -20,623	Closed	–
1278	1278 Xtrackers MSCI USA ESG Leaders Equity ETF USSG $532M	$0	0%	0 -12,699	Closed	–
1279	1279 Vanguard Small-Cap Value ETF VBR $28.4B	$0	0%	0 -331,455	Closed	–
1280	1280 Vericel Corp VCEL $2.06B	$0	0%	0 -5,099	Closed	–
1281	1281 Vanguard Short-Term Corporate Bond ETF VCSH $34.9B	$0	0%	0 -12,761	Closed	–
1282	ITCI 1282 DELISTED Intra-Cellular Therapies Inc. ITCI	$0	0%	0 -6,293	Closed	–
1283	1283 Veeva Systems VEEV $38B	$0	0%	0 -12,228	Closed	–
1284	1284 Viavi Solutions VIAV $2.03B	$0	0%	0 -13,442	Closed	–
1285	1285 VICI Properties VICI $33.3B	$0	0%	0 -23,298	Closed	–
1286	1286 Vanguard Dividend Appreciation ETF VIG $87.7B	$0	0%	0 -363,179	Closed	–
1287	1287 Vanguard S&P Small-Cap 600 Value ETF VIOV $1.2B	$0	0%	0 -66,636	Closed	–
1288	1288 Invesco High Income Trust II VLT $68M	$0	0%	0 -66,871	Closed	–
1289	1289 Vanguard Mortgage-Backed Securities ETF VMBS $14.3B	$0	0%	0 -10,630	Closed	–
1290	1290 Vornado Realty Trust VNO $7.12B	$0	0%	0 -11,441	Closed	–
1291	1291 Vanguard Mid-Cap ETF VO $78.5B	$0	0%	0 -26,530	Closed	–
1292	1292 Vodafone VOD $26B	$0	0%	0 -31,173	Closed	–
1293	1293 Vanguard Communication Services ETF VOX $4.57B	$0	0%	0 -1,963	Closed	–
1294	1294 Vanguard Utilities ETF VPU $6.87B	$0	0%	0 -2,621	Closed	–
1295	1295 Invesco Variable Rate Preferred ETF VRP $2.05B	$0	0%	0 -151,333	Closed	–
1296	1296 Vertiv VRT $39.7B	$0	0%	0 -11,250	Closed	–
1297	1297 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.8B	$0	0%	0 -28,982	Closed	–
1298	1298 Vanguard Large-Cap ETF VV $39.6B	$0	0%	0 -13,062	Closed	–
1299	1299 Valvoline VVV $4.32B	$0	0%	0 -8,805	Closed	–
1300	1300 Vanguard Total International Stock ETF VXUS $91.1B	$0	0%	0 -29,174	Closed	–