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
626	626 FT Vest US Equity Buffer ETF January FJAN $1.02B	$430K	0.02%	9,694	New	+$430K
627	627 Snap-on SNA $16.8B	$430K	0.02%	1,275	New	+$430K
628	628 Northrop Grumman NOC $69.8B	$429K	0.02%	838	New	+$429K
629	629 Vanguard Large-Cap ETF VV $40.3B	$425K	0.02%	1,655	New	+$425K
630	630 Walgreens Boots Alliance WBA $9.73B	$425K	0.02%	38,066 -1,621	-4%	-$18.1K
631	631 BlackRock Corporate High Yield Fund HYT $1.49B	$424K	0.02%	44,300 +5,000	+13%	+$47.9K
632	632 Alerian Energy Infrastructure ETF ENFR $296M	$424K	0.02%	12,938 +251	+2%	+$8.23K
633	633 Invesco Equal Weight 0-30 Year Treasury ETF GOVI $877M	$424K	0.02%	15,233 +3,781	+33%	+$105K
634	634 Paychex PAYX $56.9B	$421K	0.02%	2,730	New	+$421K
635	635 BondBloxx Bloomberg Six Month Target Duration US Treasury ETF XHLF $1.48B	$421K	0.02%	8,352	New	+$421K
636	636 Masco MAS $13.2B	$420K	0.02%	6,041	New	+$420K
637	637 Jones Lang LaSalle JLL $10.6B	$419K	0.02%	1,690	New	+$419K
638	638 Corning GLW $42.5B	$418K	0.02%	9,137	New	+$418K
639	639 Carnival Corp CCL $31.5B	$417K	0.02%	21,372 -759	-3%	-$14.8K
640	640 Generac Holdings GNRC $7.22B	$416K	0.02%	3,285	New	+$416K
641	641 Paycom PAYC $14.5B	$415K	0.02%	1,900	New	+$415K
642	642 SPDR S&P Emerging Markets Small Cap ETF EWX $672M	$415K	0.02%	7,322	New	+$415K
643	643 First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund GRID $2.3B	$413K	0.02%	3,655	New	+$413K
644	644 iShares Short Maturity Bond ETF NEAR $3.29B	$409K	0.02%	8,043	New	+$409K
645	645 Synopsys SNPS $72B	$409K	0.02%	954	New	+$409K
646	646 Blue Owl Capital OBDC $7.49B	$409K	0.02%	27,881 +1,440	+5%	+$21.1K
647	647 Rithm Capital RITM $5.91B	$409K	0.02%	35,680 +1,108	+3%	+$12.7K
648	648 EQT Corp EQT $33B	$407K	0.02%	7,619	New	+$407K
649	649 iShares S&P Mid-Cap 400 Growth ETF IJK $8.58B	$406K	0.02%	4,881	New	+$406K
650	650 Capital Group Short Duration Income ETF CGSD $1.24B	$404K	0.02%	15,636 +222	+1%	+$5.73K