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
26	26 iShares 20+ Year Treasury Bond ETF TLT $46.8B	$1M	0.79%	+11,000	New	+$1M
27	27 ProShares Short Dow30 DOG $114M	$999K	0.79%	37,000 -24,000	-39%	-$648K
28	28 iPath Series B S&P 500 VIX Short-Term Futures ETN VXX $325M	$960K	0.76%	18,650 +10,650	+133%	+$548K
29	29 Fidelity Blue Chip Growth ETF FBCG $4.5B	$837K	0.66%	+20,948	New	+$837K
30	30 Innovator US Equity 10 Buffer ETF Quarterly ZALT $543M	$827K	0.65%	27,774 +13,124	+90%	+$391K
31	OAKM 31 Oakmark U.S. Large Cap ETF OAKM $536M	$802K	0.63%	+32,817	New	+$802K
32	32 VanEck Morningstar Wide Moat ETF MOAT $12.8B	$755K	0.59%	8,585 -50,038	-85%	-$4.4M
33	33 Transmedics TMDX $3.72B	$740K	0.58%	+11,000	New	+$740K
34	34 Palo Alto Networks PANW $131B	$671K	0.53%	3,930 -744	-16%	-$127K
35	35 Halozyme HALO $6.96B	$657K	0.52%	10,300 +2,500	+32%	+$160K
36	36 Forward Air FWRD $816M	$520K	0.41%	25,900 +5,000	+24%	+$100K
37	37 Microsoft MSFT $3.79T	$512K	0.4%	1,363 -1,403	-51%	-$527K
38	38 Innovator US Equity Power Buffer ETF March PMAR $663M	$454K	0.36%	11,374 -1,033	-8%	-$41.3K
39	39 Innovator US Equity Power Buffer ETF August PAUG $771M	$451K	0.36%	11,948	–	–
40	40 Applovin APP $123B	$447K	0.35%	1,688 +488	+41%	+$129K
41	41 Amazon AMZN $2.4T	$446K	0.35%	2,346 +10	+0.4%	+$1.9K
42	42 NVIDIA NVDA $4.2T	$440K	0.35%	4,061 -4,479	-52%	-$485K
43	43 Apple AAPL $3.15T	$440K	0.35%	1,980 -650	-25%	-$144K
44	QBUF 44 Innovator Nasdaq-100 10 Buffer ETF Quarterly QBUF $139M	$438K	0.34%	16,560 +10,560	+176%	+$279K
45	RBUF 45 Innovator U.S. Small Cap 10 Buffer ETF - Quarterly RBUF $54M	$424K	0.33%	16,270 +6,770	+71%	+$176K
46	46 Fidelity Low Duration Bond Factor ETF FLDR $948M	$422K	0.33%	8,429 +16	+0.2%	+$802
47	47 Uber UBER $189B	$367K	0.29%	5,031 +1,010	+25%	+$73.6K
48	48 SPDR S&P 500 ETF Trust SPY $647B	$365K	0.29%	653	–	–
49	49 Innovator Emerging Markets Power Buffer ETF October EOCT $80.8M	$345K	0.27%	+12,935	New	+$345K
50	50 Vanguard Total Stock Market ETF VTI $507B	$324K	0.25%	1,178 -225	-16%	-$61.8K