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
501	501 MDU Resources MDU $3.5B	$0	0%	0 -70	Closed	–
502	502 MetLife MET $52.8B	$0	0%	0 -428	Closed	–
503	503 Manulife Financial MFC $54.8B	$0	0%	0 -101	Closed	–
504	504 VanEck Morningstar Wide Moat ETF MOAT $12.9B	$0	0%	0 -50	Closed	–
505	505 The Mosaic Company MOS $11B	$0	0%	0 -230	Closed	–
506	506 Marvell Technology MRVL $58.9B	$0	0%	0 -216	Closed	–
507	507 Mettler-Toledo International MTD $23.7B	$0	0%	0 -138	Closed	–
508	508 SPDR S&P North American Natural Resources ETF NANR $631M	$0	0%	0 -67	Closed	–
509	509 Norwegian Cruise Line NCLH $8.74B	$0	0%	0 -200	Closed	–
510	510 Nuveen AMT-Free Quality Municipal Income Fund NEA $3.23B	$0	0%	0 -238	Closed	–
511	511 Neogen NEOG $1.13B	$0	0%	0 -50	Closed	–
512	512 National Fuel Gas NFG $7.52B	$0	0%	0 -105	Closed	–
513	513 Nike NKE $92.7B	$0	0%	0 -19	Closed	–
514	514 Nokia NOK $29.2B	$0	0%	0 -872	Closed	–
515	515 Intellia Therapeutics NTLA $838M	$0	0%	0 -2	Closed	–
516	516 Nuveen AMT-Free Municipal Credit Income Fund NVG $2.53B	$0	0%	0 -433	Closed	–
517	517 Novartis NVS $230B	$0	0%	0 -65	Closed	–
518	518 nVent Electric NVT $11.2B	$0	0%	0 -43	Closed	–
519	519 Owens Corning OC $11.3B	$0	0%	0 -100	Closed	–
520	520 Organon & Co OGN $2.49B	$0	0%	0 -8	Closed	–
521	521 Otis Worldwide OTIS $37.2B	$0	0%	0 -72	Closed	–
522	522 Ontrak OTRK $6.07M	$0	0%	0 -3	Closed	–
523	523 Pan American Silver PAAS $10.4B	$0	0%	0 -9,654	Closed	–