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

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

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

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
401	401 AvalonBay Communities AVB $29.5B	$0	0%	0 -92	Closed	–
402	402 Anavex Life Sciences AVXL $694M	$0	0%	0 -132	Closed	–
403	403 American Water Works AWK $27.2B	$0	0%	0 -205	Closed	–
404	404 Axon Enterprise AXON $61B	$0	0%	0 -5	Closed	–
405	405 Boeing BA $163B	$0	0%	0 -6	Closed	–
406	406 JPMorgan BetaBuilders US Aggregate Bond ETF BBAG $1.21B	$0	0%	0 -12	Closed	–
407	407 Becton Dickinson BDX $49.7B	$0	0%	0 -48	Closed	–
408	408 Barron's 400 ETF BFOR $156M	$0	0%	0 -49	Closed	–
409	409 Bunge Global BG $10B	$0	0%	0 -120	Closed	–
410	410 Brighthouse Financial BHF $3.37B	$0	0%	0 -14	Closed	–
411	411 Bitwise Bitcoin ETF BITB $4.11B	$0	0%	0 -1,940	Closed	–
412	412 Blackrock BLK $153B	$0	0%	0 -20	Closed	–
413	413 Vanguard Total Bond Market BND $127B	$0	0%	0 -655	Closed	–
414	414 Bridge Investment Group BRDG $422M	$0	0%	0 -114	Closed	–
415	415 Berkshire Hathaway Class B BRK.B $1.06T	$0	0%	0 -233	Closed	–
416	416 British American Tobacco BTI $105B	$0	0%	0 -18	Closed	–
417	417 Simplify Stable Income ETF BUCK $330M	$0	0%	0 -31	Closed	–
418	418 Babcock & Wilcox BW $118M	$0	0%	0 -3,300	Closed	–
419	419 iShares Yield Optimized Bond ETF BYLD $238M	$0	0%	0 -48,133	Closed	–
420	420 Citigroup C $146B	$0	0%	0 -251	Closed	–
421	421 CACI CACI $9.7B	$0	0%	0 -4	Closed	–
422	422 Carrier Global CARR $61.3B	$0	0%	0 -159	Closed	–
423	423 Carnival Corp CCL $32.9B	$0	0%	0 -109	Closed	–
424	424 Sprott Physical Gold and Silver Trust CEF $5.89B	$0	0%	0 -297	Closed	–
425	CGAU 425 Centerra Gold CGAU $1.51B	$0	0%	0 -197	Closed	–