RSC

Red Spruce Capital Portfolio holdings

AUM $231M

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4

This Quarter Return

+8.49%

1 Year Return

+15.15%

3 Year Return

+69.55%

5 Year Return

+123.45%

10 Year Return

–

AUM

$157M

AUM Growth

+$157M (+9.2%)

Cap. Flow

+$3.22M

Cap. Flow % of AUM

2.05%

Top 10 Holdings % Top 10 Hldgs %

32.76%

Holding

New

Increased

Reduced

Closed

Top Buys

1	BSCO Invesco BulletShares 2024 Corporate Bond ETF BSCO	$2.45M
2	Invesco BulletShares 2026 Corporate Bond ETF BSCQ	$1.71M
3	Invesco BulletShares 2025 Corporate Bond ETF BSCP	$1.03M
4	Hyatt Hotels H	$604K
5	PXD Pioneer Natural Resource Co. PXD	$534K

Top Sells

1	BSCL Invesco BulletShares 2021 Corporate Bond ETF BSCL	$2.29M
2	ON Semiconductor ON	$1.43M
3	Vanguard Total Stock Market ETF VTI	$579K
4	FLIR FLIR Systems, Inc. (DE) Common Stock FLIR	$529K
5	Service Corp International SCI	$494K

Sector Composition

1	Technology	19.11%
2	Healthcare	15.23%
3	Financials	10.36%
4	Communication Services	9.73%
5	Industrials	7.38%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
76	76 S&P Global SPGI $167B	$523K	0.33%	1,483 +68	+5%	+$24K
77	77 Tyler Technologies TYL $24.4B	$521K	0.33%	1,228 +33	+3%	+$14K
78	78 Waste Connections WCN $47.5B	$494K	0.31%	4,574 +253	+6%	+$27.3K
79	79 Verizon VZ $186B	$487K	0.31%	8,380	–	–
80	80 Thermo Fisher Scientific TMO $186B	$474K	0.3%	1,038 +45	+5%	+$20.5K
81	81 Invesco BulletShares 2027 Corporate Bond ETF BSCR $3.98B	$472K	0.3%	21,821 +3,778	+21%	+$81.7K
82	82 Atlassian TEAM $46.6B	$450K	0.29%	2,135 +79	+4%	+$16.7K
83	83 Vanguard Total Bond Market BND $134B	$384K	0.24%	4,533	–	–
84	84 iShares Preferred and Income Securities ETF PFF $14.4B	$363K	0.23%	9,446 +3,373	+56%	+$130K
85	85 Masimo MASI $7.59B	$357K	0.23%	1,555 +35	+2%	+$8.04K
86	86 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $29.5B	$333K	0.21%	2,564	–	–
87	87 Linde LIN $224B	$316K	0.2%	+1,129	New	+$316K
88	LTHM 88 DELISTED Livent Corporation LTHM	$307K	0.2%	17,707 -2,484	-12%	-$43.1K
89	89 Edwards Lifesciences EW $47.8B	$294K	0.19%	+3,518	New	+$294K
90	90 ON Semiconductor ON $20.3B	–	–	-43,794	Closed	-$1.43M
91	91 Invesco QQQ Trust QQQ $364B	–	–	-868	Closed	-$272K
92	92 Service Corp International SCI $11.1B	–	–	-10,054	Closed	-$494K
93	93 Vanguard Total Stock Market ETF VTI $526B	–	–	-2,974	Closed	-$579K