SMAM

Sugar Maple Asset Management Portfolio holdings

AUM $127M

This Quarter Return

+4.38%

1 Year Return

+11.71%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$127M

AUM Growth

-$4.41M (-3%)

Cap. Flow

-$8.01M

Cap. Flow % of AUM

-6.31%

Top 10 Holdings %Top 10 Hldgs %

61.08%

Holding

485

New

Increased

Reduced

Closed

419

Top Buys

1	T. Rowe Price Capital Appreciation Equity ETF TCAF	$2.2M
2	Pacer Swan SOS Fund of Funds ETF PSFF	$1.48M
3	iShares 20+ Year Treasury Bond ETF TLT	$1M
4	iShares Silver Trust SLV	$953K
5	Fidelity Blue Chip Growth ETF FBCG	$837K

Top Sells

1	VanEck Morningstar Wide Moat ETF MOAT	$4.4M
2	iShares Treasury Floating Rate Bond ETF TFLO	$1.16M
3	iShares 1-3 Year Treasury Bond ETF SHY	$776K
4	ProShares Short Dow30 DOG	$648K
5	ProShares UltraShort Dow 30 DXD	$647K

Sector Composition

1	Healthcare	17.64%
2	Technology	2.17%
3	Financials	0.98%
4	Communication Services	0.68%
5	Consumer Staples	0.48%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Treasury Floating Rate Bond ETF TFLO $6.75B	$12M	9.48%	237,823 -22,802	-9%	-$1.16M
2	2 AbbVie ABBV $340B	$11.9M	9.36%	56,725 +27	+0.1%	+$5.66K
3	3 SPDR Gold Trust GLD $102B	$11.8M	9.28%	40,931 +1,135	+3%	+$327K
4	4 Abbott ABT $230B	$8.89M	7%	67,007 +2	+0%	+$265
5	5 iShares Core S&P 500 ETF IVV $634B	$7.26M	5.71%	12,918 -1,028	-7%	-$578K
6	6 iShares 0-5 Year TIPS Bond ETF STIP $12.7B	$6.7M	5.28%	64,779 +4,765	+8%	+$493K
7	7 iShares 1-3 Year Treasury Bond ETF SHY $23.6B	$5.6M	4.4%	67,637 -9,379	-12%	-$776K
8	8 Pacer Swan SOS Fund of Funds ETF PSFF $487M	$5.23M	4.12%	183,153 +51,684	+39%	+$1.48M
9	9 iShares MSCI USA Min Vol Factor ETF USMV $23.5B	$4.33M	3.41%	46,206 +931	+2%	+$87.2K
10	10 iShares Russell Top 200 Growth ETF IWY $14.3B	$3.86M	3.04%	18,297 -1,653	-8%	-$349K
11	11 SPDR S&P Dividend ETF SDY $20.3B	$3.74M	2.94%	27,572 +50	+0.2%	+$6.78K
12	12 VanEck CLO ETF CLOI $1.06B	$3.71M	2.92%	70,256 +7,727	+12%	+$408K
13	13 Fidelity Dividend ETF for Rising Rates FDRR $586M	$3.16M	2.49%	63,211 -104	-0.2%	-$5.2K
14	14 Vanguard Dividend Appreciation ETF VIG $92.9B	$3.14M	2.47%	16,196 -170	-1%	-$33K
15	15 iShares Silver Trust SLV $18.3B	$2.86M	2.25%	92,214 +30,750	+50%	+$953K
16	16 T. Rowe Price Capital Appreciation Equity ETF TCAF $4.93B	$2.2M	1.73%	+68,270	New	+$2.2M
17	17 Goldman Sachs Access Treasury 0-1 Year ETF GBIL $6.37B	$2.09M	1.65%	20,860 +426	+2%	+$42.7K
18	18 JPMorgan Active Value ETF JAVA $3.75B	$1.73M	1.36%	27,264 +8,875	+48%	+$564K
19	19 iShares 0-5 Year Investment Grade Corporate Bond ETF SLQD $2.29B	$1.59M	1.26%	31,711 +505	+2%	+$25.4K
20	20 BondBloxx Bloomberg Six Month Target Duration US Treasury ETF XHLF $1.73B	$1.38M	1.09%	27,406 +8,854	+48%	+$446K
21	21 Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF QDPL $1.05B	$1.27M	1%	34,729 -13	-0%	-$475
22	22 Nicolet Bankshares NIC $1.92B	$1.24M	0.98%	11,404 -90	-0.8%	-$9.81K
23	23 iShares Core S&P Total US Stock Market ETF ITOT $72.2B	$1.19M	0.94%	9,779 +2	+0%	+$244
24	24 Innovator US Equity Power Buffer ETF October POCT $804M	$1.14M	0.9%	29,418 -5,125	-15%	-$199K
25	CPSM 25 Calamos S&P 500 Structured Alt Protection ETF - May CPSM $64.2M	$1.05M	0.83%	39,000	–	–