SRC

Sage Rhino Capital Portfolio holdings

AUM $431M

AUM

$431M

AUM Growth

-$27.2M (-6%)

Cap. Flow

-$9.44M

Cap. Flow % of AUM

-2.19%

Top 10 Holdings %Top 10 Hldgs %

32.2%

Holding

296

New

Increased

114

Reduced

108

Closed

Top Buys

1	Avantis US Small Cap Value ETF AVUV	$1.31M
2	Vanguard Small-Cap ETF VB	$1M
3	Alexandria Real Estate Equities ARE	$691K
4	Zoetis ZTS	$624K
5	Vanguard Mid-Cap ETF VO	$493K

Top Sells

1	Invesco QQQ Trust QQQ	$6.56M
2	iShares 0-3 Month Treasury Bond ETF SGOV	$5.22M
3	SPDR S&P 500 ETF Trust SPY	$1.76M
4	Goldman Sachs Access Ultra Short Bond ETF GSST	$1.17M
5	iShares Core MSCI EAFE ETF IEFA	$953K

Sector Composition

1	Technology	8.08%
2	Financials	6.68%
3	Consumer Discretionary	3.83%
4	Healthcare	3.39%
5	Communication Services	2.49%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Invesco S&P 500 Equal Weight ETF RSP $72.7B	$17.6M	4.09%	101,714 +656	+0.7%	+$114K
2	2 iShares Gold Trust IAU $46.2B	$17.6M	4.08%	298,174 -6,339	-2%	-$374K
3	3 Vanguard Mid-Cap ETF VO $81B	$16.9M	3.92%	65,286 +1,908	+3%	+$493K
4	4 Vanguard Small-Cap ETF VB $62.8B	$14.9M	3.45%	67,119 +4,525	+7%	+$1M
5	5 Avantis US Small Cap Value ETF AVUV $15.8B	$13.8M	3.2%	158,104 +15,083	+11%	+$1.31M
6	6 Goldman Sachs Access Treasury 0-1 Year ETF GBIL $6.03B	$13.1M	3.04%	130,967 -7,475	-5%	-$749K
7	7 iShares Core MSCI EAFE ETF IEFA $141B	$13M	3.01%	171,506 -12,603	-7%	-$953K
8	8 SPDR S&P Dividend ETF SDY $20.1B	$11.4M	2.63%	83,665 -813	-1%	-$110K
9	9 Apple AAPL $3.03T	$10.6M	2.46%	47,803 -1,176	-2%	-$261K
10	10 Avantis US Large Cap Value ETF AVLV $7.35B	$10M	2.33%	153,868 +5,081	+3%	+$331K
11	11 Avantis US Equity ETF AVUS $8.47B	$9.51M	2.2%	102,899 +3,482	+4%	+$322K
12	12 Janus Henderson AAA CLO ETF JAAA $20.9B	$8.31M	1.93%	163,963 -2,984	-2%	-$151K
13	13 Vanguard Total Stock Market ETF VTI $484B	$8.07M	1.87%	29,345 +418	+1%	+$115K
14	14 Vanguard Intermediate-Term Corporate Bond ETF VCIT $53.1B	$7.25M	1.68%	88,658 -1,839	-2%	-$150K
15	15 Vanguard FTSE Emerging Markets ETF VWO $88.8B	$6.98M	1.62%	154,325 -4,698	-3%	-$213K
16	16 Vanguard High Dividend Yield ETF VYM $59.8B	$6.84M	1.59%	53,058 -526	-1%	-$67.8K
17	17 Avantis International Equity ETF AVDE $7.14B	$6.82M	1.58%	102,970 -4,386	-4%	-$291K
18	18 Vanguard Total Bond Market BND $127B	$6.79M	1.57%	92,420 -305	-0.3%	-$22.4K
19	19 Industrial Select Sector SPDR Fund XLI $21.3B	$6.7M	1.55%	51,111 +569	+1%	+$74.6K
20	20 Tesla TSLA $1.05T	$6.67M	1.55%	25,730 -119	-0.5%	-$30.8K
21	21 Goldman Sachs Access Ultra Short Bond ETF GSST $886M	$6.13M	1.42%	121,342 -23,187	-16%	-$1.17M
22	22 Microsoft MSFT $3.5T	$5.67M	1.32%	15,113 +394	+3%	+$148K
23	23 Vanguard Health Care ETF VHT $15.5B	$5.54M	1.29%	20,939 -1,286	-6%	-$340K
24	24 Vanguard Total International Bond ETF BNDX $66B	$5.36M	1.24%	109,816 -806	-0.7%	-$39.3K
25	25 Invesco S&P 500 Equal Weight Technology ETF RSPT $3.45B	$5.06M	1.17%	147,901 +6,623	+5%	+$227K