PCA

PMV Capital Advisers Portfolio holdings

AUM $41.2M

AUM

$41.2M

AUM Growth

+$4.04M (+11%)

Cap. Flow

+$4.46M

Cap. Flow % of AUM

10.84%

Top 10 Holdings %Top 10 Pos %

78.52%

Holding

106

New

Increased

Reduced

Closed

Top Buys

1	1 AGF US Market Neutral Anti-Beta Fund BTAL	$2.71M
2	2 KFA Mount Lucas Managed Futures Index Strategy ETF KMLM	$2.14M
3	3 Invesco QQQ Trust QQQ	$1.68M
4	4 PMV Adaptive Risk Parity ETF ARP	$1.6M
5	5 WisdomTree Bloomberg US Dollar Bullish Fund USDU	$768K

Top Sells

1	1 SPDR Gold Trust GLD	$951K
2	2 NEOS Enhanced Income 1-3 Month T-Bill ETF CSHI	$878K
3	3 First Trust Enhanced Short Maturity ETF FTSM	$817K
4	4 JPMorgan Ultra-Short Income ETF JPST	$812K
5	5 iShares Core S&P 500 ETF IVV	$732K

Sector Composition

1	Technology	3.25%
2	Healthcare	2.38%
3	Consumer Staples	1.19%
4	Energy	1.07%
5	Communication Services	0.85%

#	Name	Market Value	Shares or Principal	Shares Change %	Capital Flow	Portfolio Weight
1	1 PMV Adaptive Risk Parity ETF ARP $40.7M	$11.7M	424,108 +57,721	+16%	+$1.6M	28.49%
2	2 iShares Core S&P 500 ETF IVV $595B	$5.21M	9,268 -1,303	-12%	-$732K	12.65%
3	3 AGF US Market Neutral Anti-Beta Fund BTAL $369M	$2.79M	133,705 +129,935	+3,447%	+$2.71M	6.77%
4	4 KFA Mount Lucas Managed Futures Index Strategy ETF KMLM $190M	$2.62M	96,016 +78,315	+442%	+$2.14M	6.36%
5	5 ProShares Ultra Gold UGL $475M	$2.28M	17,724 -3,616	-17%	-$465K	5.54%
6	6 SPDR Gold Trust GLD $97.3B	$2M	6,941 -3,300	-32%	-$951K	4.86%
7	7 Invesco QQQ Trust QQQ $330B	$1.68M	3,581	New	+$1.68M	4.08%
8	8 iShares 20+ Year Treasury Bond ETF TLT $48.1B	$1.6M	17,565 -7,085	-29%	-$645K	3.88%
9	9 ProShares Ultra S&P500 SSO $5.7B	$1.47M	17,818 -1,852	-9%	-$153K	3.58%
10	10 WisdomTree Bloomberg US Dollar Bullish Fund USDU $173M	$952K	34,933 +28,160	+416%	+$768K	2.31%
11	11 Direxion Daily S&P 500 Bull 3x Shares SPXL $4.93B	$941K	6,701 -222	-3%	-$31.2K	2.28%
12	12 Apple AAPL $3.12T	$867K	3,904 +3	+0.1%	+$666	2.11%
13	13 ProShares UltraPro QQQ TQQQ $26.1B	$620K	10,817 +7,241	+202%	+$415K	1.51%
14	14 ProShares Ultra QQQ QLD $7.79B	$609K	6,847 +4,196	+158%	+$373K	1.48%
15	15 ProShares Ultra 20+ Year Treasury UBT $153M	$509K	28,016 +89	+0.3%	+$1.62K	1.24%
16	16 JPMorgan Ultra-Short Income ETF JPST $30.9B	$451K	8,917 -16,042	-64%	-$812K	1.1%
17	17 UnitedHealth UNH $287B	$437K	835	–	–	1.06%
18	18 First Trust Enhanced Short Maturity ETF FTSM $6.55B	$413K	6,907 -13,659	-66%	-$817K	1%
19	19 NEOS Enhanced Income 1-3 Month T-Bill ETF CSHI $495M	$413K	8,315 -17,681	-68%	-$878K	1%
20	20 Exxon Mobil XOM $459B	$388K	3,262	–	–	0.94%
21	21 Novo Nordisk NVO $298B	$368K	5,301 +9	+0.2%	+$625	0.89%
22	22 Direxion Daily 20+ Year Treasury Bull 3X Shares TMF $4.72B	$343K	7,791 +663	+9%	+$29.2K	0.83%
23	23 Procter & Gamble PG $386B	$341K	2,000	–	–	0.83%
24	24 Microsoft MSFT $3.41T	$127K	339 +1	+0.3%	+$375	0.31%
25	25 Alphabet (Google) Class C GOOG $2.04T	$117K	747 +3	+0.4%	+$469	0.28%