RWPA

Richard W. Paul & Associates Portfolio holdings

AUM $255M

AUM

$255M

AUM Growth

-$19.5M (-7%)

Cap. Flow

-$4M

Cap. Flow % of AUM

-1.57%

Top 10 Holdings %Top 10 Hldgs %

39.33%

Holding

523

New

Increased

Reduced

184

Closed

187

Top Buys

1	Invesco S&P 500 Equal Weight ETF RSP	$6.07M
2	PIMCO Multi Sector Bond Active ETF PYLD	$5.5M
3	iShares Core S&P Mid-Cap ETF IJH	$2.59M
4	PIMCO Active Bond Exchange-Traded Fund BOND	$1.24M
5	Janus Henderson AAA CLO ETF JAAA	$977K

Top Sells

1	VanEck Fallen Angel High Yield Bond ETF ANGL	$2.61M
2	Consumers Staples Select Sector SPDR Fund XLP	$1.96M
3	Health Care Select Sector SPDR Fund XLV	$1.6M
4	Consumer Discretionary Select Sector SPDR Fund XLY	$1.59M
5	Industrial Select Sector SPDR Fund XLI	$1.22M

Sector Composition

1	Technology	8.65%
2	Healthcare	4.76%
3	Consumer Discretionary	4.22%
4	Financials	4.13%
5	Communication Services	3.89%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
376	376 Vanguard Russell 1000 Growth ETF VONG $28B	$0	0%	0 -37	Closed	–
377	377 Vanguard Mid-Cap Growth ETF VOT $16.5B	$0	0%	0 -165	Closed	–
378	378 Vanguard Total Stock Market ETF VTI $482B	$0	0%	0 -2,125	Closed	–
379	379 Viatris VTRS $10.3B	$0	0%	0 -23	Closed	–
380	380 Vanguard Large-Cap ETF VV $41B	$0	0%	0 -1,098	Closed	–
381	381 Welltower WELL $98.3B	$0	0%	0 -79	Closed	–
382	382 Waste Management WM $94.2B	$0	0%	0 -26	Closed	–
383	383 Energy Select Sector SPDR Fund XLE $26.7B	$0	0%	0 -180	Closed	–
384	384 iShares Exponential Technologies ETF XT $3.32B	$0	0%	0 -153	Closed	–
385	385 PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund ZROZ $1.51B	$0	0%	0 -11	Closed	–
386	386 American Healthcare REIT AHR $5.61B	$0	0%	0 -859	Closed	–
387	EIPI 387 FT Energy Income Partners Enhanced Income ETF EIPI $908M	$0	0%	0 -1	Closed	–
388	ETHU 388 2x Ether ETF ETHU $924M	$0	0%	0 -243,748	Closed	–
389	BTC 389 Grayscale Bitcoin Mini Trust ETF BTC $4.75B	$0	0%	0 -203	Closed	–
390	SMAX 390 iShares Large Cap Max Buffer Sep ETF SMAX $92.7M	$0	0%	0 -33	Closed	–
391	ECG 391 Everus Construction Group, Inc. ECG $3.11B	$0	0%	0 -17	Closed	–
392	LGF.A 392 DELISTED Lions Gate Entertainment Corp. Class A Voting Shares LGF.A	$0	0%	0 -43	Closed	–
393	EQC 393 DELISTED Equity Commonwealth EQC	$0	0%	0 -75	Closed	–
394	MUI 394 DELISTED BlackRock Municipal Income Fund, Inc. MUI	$0	0%	0 -2	Closed	–
395	395 American Airlines Group AAL $7.76B	$0	0%	0 -100	Closed	–
396	396 American Coastal Insurance ACIC $528M	$0	0%	0 -100	Closed	–
397	397 Autodesk ADSK $63.6B	$0	0%	0 -35	Closed	–
398	398 AGNC Investment AGNC $9.4B	$0	0%	0 -200	Closed	–
399	399 Aquestive Therapeutics AQST $352M	$0	0%	0 -1,602	Closed	–
400	400 ARK Innovation ETF ARKK $6.15B	$0	0%	0 -428	Closed	–