SKK

Shepherd Kaplan Krochuk Portfolio holdings

AUM $117M

This Quarter Return

+0.58%

1 Year Return

+8.3%

3 Year Return

+17.63%

5 Year Return

+117.73%

10 Year Return

+356.7%

AUM

$117M

AUM Growth

-$2.83M (-2%)

Cap. Flow

-$2.98M

Cap. Flow % of AUM

-2.55%

Top 10 Holdings %Top 10 Hldgs %

46.26%

Holding

New

Increased

Reduced

Closed

Top Buys

1	PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund ZROZ	$2.52M
2	Pfizer PFE	$962K
3	Gilead Sciences GILD	$847K
4	Dow Inc DOW	$833K
5	ProShares Short 20+ Year Treasury ETF TBF	$827K

Top Sells

1	iShares Short Treasury Bond ETF SHV	$5.37M
2	iShares 20+ Year Treasury Bond ETF TLT	$3.99M
3	iShares 0-3 Month Treasury Bond ETF SGOV	$747K
4	Vanguard Growth ETF VUG	$712K
5	Schwab US Dividend Equity ETF SCHD	$695K

Sector Composition

1	Technology	6.39%
2	Energy	6.01%
3	Consumer Staples	4.59%
4	Financials	3.96%
5	Healthcare	1.55%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 VanEck Fallen Angel High Yield Bond ETF ANGL $2.94B	$8.91M	7.63%	308,905 +13,068	+4%	+$377K
2	2 iShares MSCI USA Min Vol Factor ETF USMV $23.5B	$6.82M	5.84%	72,846 +4,317	+6%	+$404K
3	3 Apple AAPL $3.15T	$6.74M	5.77%	30,320 -237	-0.8%	-$52.6K
4	4 Schwab US Large-Cap Value ETF SCHV $12.8B	$5.38M	4.6%	202,249 +568	+0.3%	+$15.1K
5	5 Campbell Soup CPB $9.24B	$5.37M	4.59%	134,418	–	–
6	6 JPMorgan US Quality Factor ETF JQUA $6.42B	$4.84M	4.14%	85,691 -3,031	-3%	-$171K
7	7 iShares MSCI USA Momentum Factor ETF MTUM $17.8B	$4.28M	3.66%	21,172 -697	-3%	-$141K
8	8 Energy Transfer Partners ET $60B	$4.27M	3.66%	229,936 -7,691	-3%	-$143K
9	9 Vanguard Total Stock Market ETF VTI $507B	$3.84M	3.29%	13,965 +2,373	+20%	+$652K
10	10 Berkshire Hathaway Class B BRK.B $1.02T	$3.59M	3.07%	6,741 +15	+0.2%	+$7.99K
11	11 Schwab US Dividend Equity ETF SCHD $70.5B	$3.56M	3.05%	127,334 -24,863	-16%	-$695K
12	12 iShares Short Treasury Bond ETF SHV $20.6B	$3.29M	2.82%	29,807 -48,634	-62%	-$5.37M
13	13 Janus Henderson Mortgage-Backed Securities ETF JMBS $5.86B	$3.24M	2.77%	71,635 -605	-0.8%	-$27.3K
14	14 PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP $1.3B	$3.19M	2.73%	32,923 -853	-3%	-$82.5K
15	15 iShares MSCI ACWI ETF ACWI $22.4B	$3.18M	2.72%	27,316 +20	+0.1%	+$2.33K
16	16 Direxion Daily S&P 500 Bear 1X Shares SPDN $134M	$3.09M	2.65%	266,595 +80	+0%	+$927
17	17 iShares Core S&P Small-Cap ETF IJR $81.2B	$3.06M	2.62%	29,299 +2,044	+8%	+$214K
18	18 JPMorgan Equity Premium Income ETF JEPI $41.1B	$2.85M	2.44%	49,863 -7,407	-13%	-$423K
19	19 PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund ZROZ $1.42B	$2.52M	2.16%	+35,152	New	+$2.52M
20	20 Vanguard Real Estate ETF VNQ $33.7B	$2.3M	1.97%	25,431 -1,492	-6%	-$135K
21	21 Xtrackers MSCI EAFE High Dividend Yield Equity ETF HDEF $2.03B	$2.28M	1.95%	84,056 -9,188	-10%	-$249K
22	22 Syntax Stratified LargeCap ETF SSPY $121M	$2.09M	1.79%	26,756 -411	-2%	-$32.2K
23	23 Vanguard Mid-Cap ETF VO $85B	$2.06M	1.77%	7,984 +37	+0.5%	+$9.57K
24	24 Kinder Morgan KMI $62B	$1.97M	1.69%	69,081 +152	+0.2%	+$4.34K
25	25 iShares 0-3 Month Treasury Bond ETF SGOV $50.9B	$1.77M	1.52%	17,590 -7,424	-30%	-$747K