PCM

Passive Capital Management Portfolio holdings

AUM $316M

AUM

$316M

AUM Growth

+$31.6M (+11%)

Cap. Flow

+$35.1M

Cap. Flow % of AUM

11.12%

Top 10 Holdings %Top 10 Hldgs %

70.46%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Dimensional Global Sustainability Fixed Income ETF DFSB	$12.6M
2	Dimensional US Core Equity 2 ETF DFAC	$5.1M
3	Dimensional Short-Duration Fixed Income ETF DFSD	$2.7M
4	Dimensional International Core Equity 2 ETF DFIC	$1.58M
5	Schwab US Large- Cap ETF SCHX	$1.31M

Top Sells

1	Avantis US Equity ETF AVUS	$445K
2	Dimensional US Targeted Value ETF DFAT	$301K
3	Vanguard Tax-Exempt Bond Index Fund VTEB	$199K
4	Vanguard Real Estate ETF VNQ	$198K
5	Schwab US TIPS ETF SCHP	$155K

Sector Composition

1	Technology	1.12%
2	Financials	0.69%
3	Consumer Discretionary	0.58%
4	Consumer Staples	0.27%
5	Healthcare	0.26%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Real Estate ETF VNQ $33.7B	$46.2M	14.63%	510,197 -2,191	-0.4%	-$198K
2	2 Dimensional US Core Equity 2 ETF DFAC $33.6B	$38.5M	12.19%	1,166,312 +154,550	+15%	+$5.1M
3	3 Vanguard Tax-Exempt Bond Index Fund VTEB $35.4B	$32.3M	10.23%	650,855 -4,014	-0.6%	-$199K
4	4 Schwab Short-Term US Treasury ETF SCHO $11.1B	$28.8M	9.11%	1,182,104 +30,740	+3%	+$748K
5	5 Avantis US Equity ETF AVUS $8.43B	$17.8M	5.62%	192,225 -4,816	-2%	-$445K
6	6 Dimensional International Core Equity 2 ETF DFIC $9.34B	$13.6M	4.31%	489,550 +56,805	+13%	+$1.58M
7	7 Avantis International Equity ETF AVDE $7.14B	$13M	4.11%	195,834 +687	+0.4%	+$45.5K
8	8 Dimensional Global Sustainability Fixed Income ETF DFSB $470M	$12.6M	3.98%	376,440	New	+$12.6M
9	9 Schwab US Broad Market ETF SCHB $33.2B	$11.8M	3.72%	545,864 +6,638	+1%	+$143K
10	10 Dimensional Short-Duration Fixed Income ETF DFSD $4.57B	$8.1M	2.56%	170,356 +56,907	+50%	+$2.7M
11	11 Avantis Emerging Markets Equity ETF AVEM $10.1B	$7.82M	2.48%	129,979 +4,250	+3%	+$256K
12	12 Dimensional US Targeted Value ETF DFAT $10.4B	$6.62M	2.1%	128,575 -5,841	-4%	-$301K
13	13 iShares National Muni Bond ETF MUB $38.5B	$5.64M	1.79%	53,527 -498	-0.9%	-$52.5K
14	14 Schwab US REIT ETF SCHH $7.96B	$5.47M	1.73%	254,336 +34,257	+16%	+$737K
15	15 Dimensional Emerging Markets Core Equity 2 ETF DFEM $5.29B	$4.85M	1.54%	183,239 +25,588	+16%	+$677K
16	16 Avantis US Small Cap Value ETF AVUV $15.5B	$4.81M	1.52%	55,180 -114	-0.2%	-$9.94K
17	17 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.9B	$4.07M	1.29%	81,492 +155	+0.2%	+$7.74K
18	18 iShares 0-5 Year TIPS Bond ETF STIP $12.5B	$3.27M	1.04%	31,592 +145	+0.5%	+$15K
19	19 Schwab Intermediately-Term US Treasury ETF SCHR $10.8B	$3.16M	1%	127,113 +811	+0.6%	+$20.2K
20	20 Avantis US Small Cap Equity ETF AVSC $1.55B	$3.03M	0.96%	62,500	–	–
21	21 Vanguard Short-Term Tax-Exempt Bond ETF VTES $1.01B	$2.53M	0.8%	25,174 +83	+0.3%	+$8.34K
22	22 Schwab US TIPS ETF SCHP $12.7B	$1.85M	0.58%	68,695 -5,768	-8%	-$155K
23	23 Vanguard S&P 500 ETF VOO $667B	$1.82M	0.58%	3,543 -83	-2%	-$42.7K
24	24 iShares MSCI Emerging Markets ex China ETF EMXC $14.3B	$1.82M	0.58%	33,000	–	–
25	25 Schwab International Equity ETF SCHF $48.2B	$1.8M	0.57%	91,016 +816	+0.9%	+$16.1K