SIM

Sterling Investment Management Portfolio holdings

AUM $140M

This Quarter Return

+4.26%

1 Year Return

+12.12%

3 Year Return

+17.98%

5 Year Return

+76.11%

10 Year Return

+149.84%

AUM

$140M

AUM Growth

+$13.1M (+10%)

Cap. Flow

+$8.39M

Cap. Flow % of AUM

5.97%

Top 10 Holdings %Top 10 Hldgs %

51.98%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Vanguard Mortgage-Backed Securities ETF VMBS	$8.4M
2	Nike NKE	$4.05M
3	St. Joe Company JOE	$998K
4	Alerian MLP ETF AMLP	$888K
5	Ferrovial SE FER	$886K

Top Sells

1	Alibaba BABA	$2.22M
2	ProShares Short S&P500 SH	$1.81M
3	Comcast CMCSA	$1.57M
4	Chevron CVX	$899K
5	Apple AAPL	$864K

Sector Composition

1	Financials	26.78%
2	Industrials	12.32%
3	Healthcare	7.42%
4	Technology	5.36%
5	Energy	3.53%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Boeing BA $174B	$1.86M	1.33%	10,916 -127	-1%	-$21.7K
27	27 Cameco CCJ $33.3B	$1.85M	1.32%	45,025 -1,305	-3%	-$53.7K
28	28 Vanguard FTSE Emerging Markets ETF VWO $94.1B	$1.55M	1.1%	34,266 -971	-3%	-$43.9K
29	29 Schwab US Aggregate Bond ETF SCHZ $8.62B	$1.53M	1.09%	66,088 +2,933	+5%	+$67.9K
30	30 Waste Management WM $91.2B	$1.48M	1.05%	6,378 -171	-3%	-$39.6K
31	31 Republic Services RSG $75.3B	$1.47M	1.04%	6,054 -187	-3%	-$45.3K
32	32 Vanguard FTSE Developed Markets ETF VEA $164B	$1.34M	0.95%	26,267 +99	+0.4%	+$5.03K
33	33 AvalonBay Communities AVB $28.7B	$1.28M	0.91%	5,953 -1,488	-20%	-$319K
34	34 iShares MSCI India ETF INDA $10.2B	$1.22M	0.87%	23,739 -688	-3%	-$35.4K
35	35 Wells Fargo WFC $261B	$1.1M	0.79%	15,367 -439	-3%	-$31.5K
36	36 Qualcomm QCOM $174B	$1.05M	0.75%	6,827 -210	-3%	-$32.3K
37	37 British American Tobacco BTI $114B	$1.02M	0.73%	24,721 -724	-3%	-$30K
38	38 St. Joe Company JOE $2.91B	$998K	0.71%	+21,249	New	+$998K
39	39 Ferrovial SE FER $38B	$886K	0.63%	+19,722	New	+$886K
40	40 Danaher DHR $135B	$833K	0.59%	4,064 -322	-7%	-$66K
41	41 Technology Select Sector SPDR Fund XLK $83.3B	$802K	0.57%	3,882 +20	+0.5%	+$4.13K
42	42 Schwab International Equity ETF SCHF $49B	$565K	0.4%	28,563 +1,666	+6%	+$33K
43	43 Vanguard Total Stock Market ETF VTI $509B	$539K	0.38%	1,960	–	–
44	44 Financial Select Sector SPDR Fund XLF $51.9B	$385K	0.27%	7,722 +31	+0.4%	+$1.54K
45	45 Health Care Select Sector SPDR Fund XLV $32.5B	$358K	0.26%	2,455 +15	+0.6%	+$2.19K
46	46 JPMorgan Chase JPM $806B	$343K	0.24%	1,398	–	–
47	47 Procter & Gamble PG $364B	$329K	0.23%	1,932 -51	-3%	-$8.69K
48	48 iShares Core S&P Small-Cap ETF IJR $81.9B	$323K	0.23%	3,089 -126	-4%	-$13.2K
49	49 Schwab Emerging Markets Equity ETF SCHE $10.6B	$264K	0.19%	9,561 -84	-0.9%	-$2.32K
50	50 First Trust Morningstar Dividend Leaders Index Fund FDL $5.53B	$252K	0.18%	5,800	–	–