SIM

SSI Investment Management Portfolio holdings

AUM $1.28B

This Quarter Return

-1.17%

1 Year Return

+1.42%

3 Year Return

+4.21%

5 Year Return

+16.7%

10 Year Return

+21.86%

AUM

$1.28B

AUM Growth

-$56M (-4%)

Cap. Flow

+$9.37M

Cap. Flow % of AUM

0.73%

Top 10 Holdings %Top 10 Hldgs %

22.6%

Holding

299

New

Increased

Reduced

Closed

Top Buys

1	KKR.PRD KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred Stock KKR.PRD	$13.1M
2	Invesco S&P 500 Equal Weight ETF RSP	$8.94M
3	iShares 7-10 Year Treasury Bond ETF IEF	$8.69M
4	iShares MSCI ACWI ex US ETF ACWX	$7.7M
5	Apollo Global Management Series A APO.PRA	$7.3M

Top Sells

1	iShares Core S&P 500 ETF IVV	$37.2M
2	iShares 0-5 Year High Yield Corporate Bond ETF SHYG	$9.1M
3	iShares Russell 2000 Value ETF IWN	$8.79M
4	PCG.PRX PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX	$4.89M
5	Vanguard Total International Stock ETF VXUS	$4.33M

Sector Composition

1	Technology	1.56%
2	Financials	0.58%
3	Communication Services	0.45%
4	Healthcare	0.37%
5	Consumer Staples	0.33%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Microsoft MSFT $3.76T	$4.34M	0.34%	11,565 -7	-0.1%	-$2.63K
27	27 iShares MSCI USA Quality Factor ETF QUAL $53.2B	$4.24M	0.33%	24,824 -569	-2%	-$97.2K
28	28 iShares Fallen Angels USD Bond ETF FALN $1.84B	$4.12M	0.32%	+153,651	New	+$4.12M
29	29 Xtrackers MSCI EAFE High Dividend Yield Equity ETF HDEF $2.06B	$4.05M	0.32%	149,123 -6,118	-4%	-$166K
30	30 Invesco KBW Bank ETF KBWB $4.78B	$4.01M	0.31%	+63,946	New	+$4.01M
31	31 NVIDIA NVDA $4.07T	$3.51M	0.27%	32,427 -21	-0.1%	-$2.28K
32	32 Apple AAPL $3.2T	$3.49M	0.27%	15,696 -14	-0.1%	-$3.11K
33	NEE.PRS 33 NextEra Energy, Inc. 7.299% Corporate Units NEE.PRS $2.05B	$2.69M	0.21%	55,865 +1,615	+3%	+$77.8K
34	34 Amazon AMZN $2.41T	$2.54M	0.2%	13,375 -8	-0.1%	-$1.52K
35	35 iShares MSCI India ETF INDA $10.2B	$2.47M	0.19%	47,909 -3,760	-7%	-$194K
36	36 Alphabet (Google) Class A GOOGL $2.32T	$2.38M	0.19%	15,421 -7	-0.1%	-$1.08K
37	37 Meta Platforms (Facebook) META $1.77T	$2.27M	0.18%	3,937 -2	-0.1%	-$1.15K
38	38 Utilities Select Sector SPDR Fund XLU $20.6B	$1.6M	0.12%	20,253 -8	-0%	-$631
39	39 Berkshire Hathaway Class B BRK.B $1.03T	$1.44M	0.11%	2,697 -1	-0%	-$533
40	40 First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF LMBS $5.13B	$1.32M	0.1%	26,840 -73,266	-73%	-$3.6M
41	STRK 41 MicroStrategy Incorporated 8.00% Series A Perpetual Strike Preferred Stock STRK $836M	$1.26M	0.1%	+15,000	New	+$1.26M
42	42 NextEra Energy, Inc. 6.926% Corporate Units NEE.PRR $1.78B	$1.24M	0.1%	30,400 -13,400	-31%	-$547K
43	43 iShares MSCI Japan ETF EWJ $15.1B	$1.24M	0.1%	18,031 -1,205	-6%	-$82.6K
44	44 Kimberly-Clark KMB $42.1B	$1.24M	0.1%	8,685	–	–
45	45 Loews L $18.8B	$1.22M	0.09%	13,232	–	–
46	PCG.PRX 46 PG&E Corporation 6.000% Series A Mandatory Convertible Preferred Stock PCG.PRX $1.2B	$1.14M	0.09%	25,863 -111,057	-81%	-$4.89M
47	47 Broadcom AVGO $1.31T	$1.08M	0.08%	6,458 -3	-0.1%	-$502
48	48 iShares US Real Estate ETF IYR $3.73B	$943K	0.07%	9,850 -33,744	-77%	-$3.23M
49	49 JPMorgan Chase JPM $788B	$893K	0.07%	3,640 -2	-0.1%	-$491
50	50 Costco COST $429B	$871K	0.07%	921	–	–