SFS

Sowell Financial Services Portfolio holdings

AUM $2.2B

AUM

$2.2B

AUM Growth

+$296M (+16%)

Cap. Flow

+$380M

Cap. Flow % of AUM

17.32%

Top 10 Holdings %Top 10 Hldgs %

21.18%

Holding

1,041

New

536

Increased

287

Reduced

166

Closed

Top Buys

1	Rayliant Quantitative Developed Market Equity ETF RAYD	$19.2M
2	Janus Henderson B-BBB CLO ETF JBBB	$8M
3	iShares Russell Mid-Cap Growth ETF IWP	$7.93M
4	Panagram BBB-B CLO ETF CLOZ	$7.84M
5	SPDR Portfolio S&P 500 ETF SPLG	$7.34M

Top Sells

1	iShares Russell 1000 Growth ETF IWF	$14M
2	SPDR MSCI EAFE StrategicFactors ETF QEFA	$7.96M
3	Invesco S&P 500 Equal Weight ETF RSP	$7.12M
4	NVIDIA NVDA	$6.89M
5	iShares Russell Mid-Cap Value ETF IWS	$5.49M

Sector Composition

1	Technology	13.51%
2	Financials	7.57%
3	Consumer Discretionary	5.16%
4	Consumer Staples	4.56%
5	Healthcare	4.43%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
476	476 American Electric Power AEP $55.3B	$758K	0.03%	6,935	New	+$758K
477	477 Vale VALE $39B	$756K	0.03%	75,726 +948	+1%	+$9.46K
478	478 iShares Preferred and Income Securities ETF PFF $13.6B	$751K	0.03%	24,444 +1,160	+5%	+$35.6K
479	479 JPMorgan BetaBuilders Canada ETF BBCA $8.16B	$751K	0.03%	10,492 +112	+1%	+$8.02K
480	GDO 480 Western Asset Global Corporate Defined Opportunity Fund GDO $85.6M	$745K	0.03%	64,350	–	–
481	481 Fidelity National Information Services FIS $41.8B	$743K	0.03%	9,951	New	+$743K
482	482 Reddit RDDT $20.7B	$739K	0.03%	7,045	New	+$739K
483	483 SAP SAP $353B	$738K	0.03%	2,749	New	+$738K
484	484 Portland General Electric POR $4.64B	$731K	0.03%	16,382	New	+$731K
485	485 Invesco S&P SmallCap 600 Revenue ETF RWJ $1.47B	$729K	0.03%	17,922 +3,876	+28%	+$158K
486	486 Texas Instruments TXN $166B	$729K	0.03%	4,055	New	+$729K
487	487 Direxion NASDAQ-100 Equal Weighted Index Shares QQQE $1.15B	$728K	0.03%	8,353	New	+$728K
488	488 Novartis NVS $229B	$722K	0.03%	6,481	New	+$722K
489	489 Gaming and Leisure Properties GLPI $12.8B	$718K	0.03%	14,110 +762	+6%	+$38.8K
490	490 Target TGT $42.7B	$717K	0.03%	6,874 -5,980	-47%	-$624K
491	491 WisdomTree International Hedged Quality Dividend Growth Fund IHDG $2.58B	$712K	0.03%	16,415 +5,006	+44%	+$217K
492	492 Fiserv FI $90.3B	$712K	0.03%	3,226	New	+$712K
493	493 Brown & Brown BRO $32.4B	$711K	0.03%	5,716	New	+$711K
494	494 iShares Currency Hedged MSCI EAFE ETF HEFA $6.49B	$709K	0.03%	19,541 +1,487	+8%	+$54K
495	EAD 495 Allspring Income Opportunities Fund EAD $404M	$708K	0.03%	103,500 +15,500	+18%	+$106K
496	XYZ 496 Block, Inc. XYZ $38B	$706K	0.03%	12,996 +1,195	+10%	+$64.9K
497	497 Amdocs DOX $10.2B	$703K	0.03%	7,685	New	+$703K
498	498 Invesco Financial Preferred ETF PGF $780M	$702K	0.03%	49,181 +7,545	+18%	+$108K
499	499 Eaton Vance Tax-Advantaged Dividend Income Fund EVT $1.73B	$701K	0.03%	30,128 -3,588	-11%	-$83.5K
500	HPS 500 John Hancock Preferred Income Fund III HPS $457M	$697K	0.03%	46,456 +21	+0.1%	+$315