PFA

Pathway Financial Advisors Portfolio holdings

AUM $555M

This Quarter Return

-0.82%

1 Year Return

+6.07%

3 Year Return

+15.77%

5 Year Return

–

10 Year Return

–

AUM

$555M

AUM Growth

+$120M (+28%)

Cap. Flow

+$128M

Cap. Flow % of AUM

22.98%

Top 10 Holdings %Top 10 Hldgs %

64.72%

Holding

176

New

Increased

Reduced

Closed

Top Buys

1	Goldman Sachs Access Treasury 0-1 Year ETF GBIL	$53.9M
2	VGUS Vanguard Ultra-Short Treasury ETF VGUS	$14M
3	Vanguard Intermediate-Term Treasury ETF VGIT	$13.9M
4	VBIL Vanguard 0-3 Month Treasury Bill ETF VBIL	$8.37M
5	Vanguard Value ETF VTV	$7.51M

Top Sells

1	JPMorgan Ultra-Short Income ETF JPST	$1.83M
2	Yum! Brands YUM	$598K
3	Innovator US Equity Buffer ETF May BMAY	$267K
4	Matthews Pacific Tiger Active ETF ASIA	$261K
5	DCBO Docebo DCBO	$224K

Sector Composition

1	Technology	2.94%
2	Financials	2.26%
3	Industrials	2.15%
4	Consumer Discretionary	0.92%
5	Consumer Staples	0.86%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Goldman Sachs Access Treasury 0-1 Year ETF GBIL $6.37B	$144M	26%	1,440,757 +538,126	+60%	+$53.9M
2	2 Vanguard Value ETF VTV $139B	$58M	10.45%	335,837 +43,471	+15%	+$7.51M
3	3 Vanguard Growth ETF VUG $179B	$50.6M	9.12%	136,533 +18,629	+16%	+$6.91M
4	4 Vanguard Mid-Cap ETF VO $84.6B	$24.8M	4.46%	95,723 +11,197	+13%	+$2.9M
5	5 Vanguard Intermediate-Term Treasury ETF VGIT $31.5B	$17.8M	3.2%	299,328 +233,696	+356%	+$13.9M
6	VGUS 6 Vanguard Ultra-Short Treasury ETF VGUS $255M	$14M	2.52%	+185,224	New	+$14M
7	7 SPDR S&P 500 ETF Trust SPY $647B	$13.6M	2.45%	24,267 +1	+0%	+$559
8	8 iShares Core MSCI Emerging Markets ETF IEMG $99.4B	$12.7M	2.29%	235,880 +87,366	+59%	+$4.72M
9	9 iShares Global Materials ETF MXI $224M	$12M	2.17%	147,238 +13,439	+10%	+$1.1M
10	10 iShares Core S&P Small-Cap ETF IJR $81.9B	$11.5M	2.07%	109,794 +25,106	+30%	+$2.63M
11	11 FlexShares Global Upstream Natural Resources Index Fund GUNR $4.79B	$9.51M	1.71%	244,953 +36,111	+17%	+$1.4M
12	VBIL 12 Vanguard 0-3 Month Treasury Bill ETF VBIL $1.88B	$8.37M	1.51%	+110,938	New	+$8.37M
13	13 Matthews Pacific Tiger Active ETF ASIA $39M	$8.32M	1.5%	319,393 -10,039	-3%	-$261K
14	14 Vanguard Dividend Appreciation ETF VIG $93.1B	$7.95M	1.43%	40,988 -219	-0.5%	-$42.5K
15	15 Victory Portfolios II VictoryShares Core Intermediate Bond ETF UITB $2.32B	$7.44M	1.34%	158,504 +18,151	+13%	+$852K
16	16 iShares MSCI EAFE ETF EFA $63.9B	$6.66M	1.2%	81,448	–	–
17	BWIN 17 Baldwin Insurance Group BWIN $3.04B	$6.29M	1.13%	140,753 +25,464	+22%	+$1.14M
18	18 Honeywell HON $153B	$5.91M	1.06%	27,895 -20	-0.1%	-$4.24K
19	19 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $41.9B	$5.6M	1.01%	61,052 +49,795	+442%	+$4.57M
20	20 iShares S&P 500 Value ETF IVE $39.6B	$5.58M	1%	29,262 -125	-0.4%	-$23.8K
21	21 American Century US Quality Growth ETF QGRO $1.75B	$5.57M	1%	59,415 +993	+2%	+$93K
22	22 Apple AAPL $3.14T	$5.12M	0.92%	23,035 -16	-0.1%	-$3.55K
23	23 Vanguard Small-Cap ETF VB $65.1B	$4.43M	0.8%	19,971 -22	-0.1%	-$4.88K
24	24 Vanguard Small-Cap Value ETF VBR $30.2B	$2.82M	0.51%	15,133 -26	-0.2%	-$4.84K
25	25 iShares Russell 1000 Value ETF IWD $62.7B	$2.76M	0.5%	14,681 +27	+0.2%	+$5.08K