SAS

SMI Advisory Services Portfolio holdings

AUM $442M

AUM

$442M

AUM Growth

+$8.84M (+2%)

Cap. Flow

+$142M

Cap. Flow % of AUM

32.11%

Top 10 Holdings %Top 10 Hldgs %

91.89%

Holding

New

Increased

Reduced

Closed

Top Buys

1	RAA SMI 3Fourteen REAL Asset Allocation ETF RAA	$157M
2	SPDR Gold Trust GLD	$25.1M
3	USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund SDCI	$17.8M
4	iShares Russell 1000 Value ETF IWD	$16M
5	Cambria Global Value ETF GVAL	$15.1M

Top Sells

1	Invesco NASDAQ 100 ETF QQQM	$49.7M
2	SPDR S&P 500 ETF Trust SPY	$40.3M
3	Vanguard Intermediate-Term Corporate Bond ETF VCIT	$9.25M
4	Invesco BulletShares 2025 Corporate Bond ETF BSCP	$8.16M
5	Vanguard Intermediate-Term Bond ETF BIV	$4.78M

Sector Composition

1	Industrials	0.3%
2	Technology	0.11%
3	Healthcare	0%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 SPDR Portfolio Short Term Treasury ETF SPTS $5.73B	$408K	0.09%	13,974 -25,412	-65%	-$743K
27	27 Invesco BulletShares 2026 Corporate Bond ETF BSCQ $4.22B	$377K	0.09%	19,377 +6,716	+53%	+$131K
28	28 SPDR Portfolio S&P 400 Mid Cap ETF SPMD $12.7B	$371K	0.08%	8,089 -360	-4%	-$16.5K
29	29 Vanguard Intermediate-Term Corporate Bond ETF VCIT $53.3B	$349K	0.08%	4,330 -114,747	-96%	-$9.25M
30	30 SPDR Portfolio S&P 500 ETF SPLG $68.9B	$330K	0.07%	5,566	New	+$330K
31	31 Invesco BulletShares 2027 Corporate Bond ETF BSCR $3.54B	$279K	0.06%	14,296 +160	+1%	+$3.12K
32	32 Fidelity Wise Origin Bitcoin Fund FBTC $21.1B	$264K	0.06%	3,878 -64,811	-94%	-$4.42M
33	33 SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM $10.2B	$211K	0.05%	3,445	–	–
34	34 Goldman Sachs MarketBeta US Equity ETF GSUS $2.65B	$186K	0.04%	2,683	–	–
35	35 Innovator US Equity Ultra Buffer ETF February UFEB $257M	$181K	0.04%	5,827	New	+$181K
36	36 Innovator US Equity Ultra Buffer ETF December UDEC $408M	$169K	0.04%	5,123	New	+$169K
37	37 DNP Select Income Fund DNP $3.63B	$143K	0.03%	15,924 +215	+1%	+$1.93K
38	38 Invesco BulletShares 2028 Corporate Bond ETF BSCS $2.59B	$132K	0.03%	6,526	New	+$132K
39	39 Invesco BulletShares 2029 Corporate Bond ETF BSCT $2.05B	$104K	0.02%	5,649	New	+$104K
40	40 Innovator US Equity Ultra Buffer ETF April UAPR $213M	$98.3K	0.02%	3,443	New	+$98.3K
41	41 SPDR Portfolio Aggregate Bond ETF SPAB $8.76B	$75.4K	0.02%	2,975	New	+$75.4K
42	42 Olo Inc OLO $1.45B	$62.2K	0.01%	10,561	New	+$62.2K
43	43 Co-Diagnostics CODX $9.2M	$8.96K	0%	28,000	–	–
44	44 iShares JPMorgan USD Emerging Markets Bond ETF EMB $12.7B	$0	0%	0 -76,429	Closed	–
45	45 iShares MSCI Emerging Markets ex China ETF EMXC $14.4B	$0	0%	0 -30,856	Closed	–
46	46 iShares MSCI Japan ETF EWJ $15B	$0	0%	0 -29,761	Closed	–
47	47 Fidelity Blue Chip Growth ETF FBCG $4.16B	$0	0%	0 -195,189	Closed	–
48	48 Howmet Aerospace HWM $69.6B	$0	0%	0 -1,925	Closed	–
49	49 iShares iBoxx $ High Yield Corporate Bond ETF HYG $16B	$0	0%	0 -188,180	Closed	–
50	50 iShares Europe ETF IEV $2.25B	$0	0%	0 -39,701	Closed	–