SFC

Summit Financial Consulting Portfolio holdings

AUM $111M

This Quarter Return

-1.96%

1 Year Return

–

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$108M

AUM Growth

–

Cap. Flow

+$108M

Cap. Flow % of AUM

100%

Top 10 Holdings %Top 10 Hldgs %

75.26%

Holding

42

New

42

Increased

–

Reduced

–

Closed

–

Top Buys

1	iShares iBoxx $ Investment Grade Corporate Bond ETF LQD	$18.4M
2	iShares iBoxx $ High Yield Corporate Bond ETF HYG	$18.2M
3	iShares US Telecommunications ETF IYZ	$6.12M
4	iShares US Financials ETF IYF	$5.98M
5	iShares S&P 500 Growth ETF IVW	$5.59M

Top Sells

No sells this quarter

Sector Composition

1	Technology	1.57%
2	Financials	0.78%
3	Consumer Staples	0.36%
4	Utilities	0.31%
5	Energy	0.31%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 PIMCO Short Term Municipal Bond Active Exchange-Traded Fund SMMU $893M	$545K	0.51%	+10,901	New	+$545K
27	27 Costco COST $422B	$385K	0.36%	+407	New	+$385K
28	28 Nuveen Quality Municipal Income Fund NAD $2.59B	$364K	0.34%	+31,605	New	+$364K
29	29 Energy Select Sector SPDR Fund XLE $27.4B	$354K	0.33%	+3,787	New	+$354K
30	30 DTE Energy DTE $28.5B	$339K	0.31%	+2,448	New	+$339K
31	31 Enterprise Products Partners EPD $68B	$336K	0.31%	+9,833	New	+$336K
32	32 Schwab US Large-Cap Growth ETF SCHG $45.3B	$324K	0.3%	+12,954	New	+$324K
33	33 Invesco S&P 500 GARP ETF SPGP $2.82B	$308K	0.29%	+3,083	New	+$308K
34	34 Vanguard S&P Mid-Cap 400 Value ETF IVOV $951M	$287K	0.27%	+3,113	New	+$287K
35	35 BlackRock MuniYield Michigan Quality Fund MIY $308M	$282K	0.26%	+24,801	New	+$282K
36	36 iShares Core US REIT ETF USRT $2.97B	$280K	0.26%	+4,863	New	+$280K
37	37 Invesco S&P SmallCap Consumer Staples ETF PSCC $41.7M	$258K	0.24%	+7,361	New	+$258K
38	38 VanEck Semiconductor ETF SMH $27.9B	$256K	0.24%	+1,210	New	+$256K
39	39 Nuveen Municipal Credit Income Fund NZF $2.24B	$255K	0.24%	+20,841	New	+$255K
40	40 Visa V $682B	$217K	0.2%	+620	New	+$217K
41	41 iShares National Muni Bond ETF MUB $38.3B	$208K	0.19%	+1,969	New	+$208K
42	42 Ford F $44.4B	$151K	0.14%	+15,051	New	+$151K