TFM

TFC Financial Management Portfolio holdings

AUM $730M

1-Year Return 13.78%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3

This Quarter Return

+7.45%

1 Year Return

+13.78%

3 Year Return

+52.35%

5 Year Return

+80.91%

10 Year Return

–

AUM

$563M

AUM Growth

+$68.3M (+14%)

Cap. Flow

+$33.2M

Cap. Flow % of AUM

5.89%

Top 10 Holdings % Top 10 Hldgs %

75.8%

Holding

921

New

264

Increased

350

Reduced

113

Closed

Top Buys

1	iShares Core MSCI International Developed Markets ETF IDEV	$24.3M
2	iShares Core MSCI Emerging Markets ETF IEMG	$4.32M
3	iShares Intermediate Government/Credit Bond ETF GVI	$2.56M
4	iShares Core S&P 500 ETF IVV	$1.84M
5	iShares 1-3 Year Treasury Bond ETF SHY	$1.74M

Top Sells

1	Dimensional US Marketwide Value ETF DFUV	$1.56M
2	PWRD TCW Transform Systems ETF PWRD	$935K
3	Old National Bancorp ONB	$515K
4	Dimensional US Targeted Value ETF DFAT	$440K
5	IMGN Immunogen Inc IMGN	$320K

Sector Composition

1	Technology	5.65%
2	Healthcare	3.83%
3	Financials	2.79%
4	Consumer Discretionary	1.51%
5	Industrials	1.27%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
726	726 JB Hunt Transport Services JBHT $13.9B	$200	﹤0.01%	+1	New	+$200
727	727 Applied Industrial Technologies AIT $10B	$198	﹤0.01%	+1	New	+$198
728	728 Atlassian TEAM $45.2B	$196	﹤0.01%	+1	New	+$196
729	729 Occidental Petroleum OXY $45.2B	$195	﹤0.01%	3 -19	-86%	-$1.24K
730	730 Mine Safety MSA $6.67B	$194	﹤0.01%	+1	New	+$194
731	731 Reinsurance Group of America RGA $12.8B	$193	﹤0.01%	1 -63	-98%	-$12.2K
732	732 Atkore ATKR $1.99B	$191	﹤0.01%	+1	New	+$191
733	733 Fabrinet FN $13.2B	$190	﹤0.01%	+1	New	+$190
734	734 Packaging Corp of America PKG $19.8B	$190	﹤0.01%	+1	New	+$190
735	735 Archer Daniels Midland ADM $30.2B	$189	﹤0.01%	3 -409	-99%	-$25.8K
736	736 Assurant AIZ $10.7B	$189	﹤0.01%	+1	New	+$189
737	737 PTC PTC $25.6B	$189	﹤0.01%	+1	New	+$189
738	738 Ralph Lauren RL $18.9B	$188	﹤0.01%	+1	New	+$188
739	739 SPS Commerce SPSC $4.19B	$185	﹤0.01%	+1	New	+$185
740	740 Cboe Global Markets CBOE $24.3B	$184	﹤0.01%	+1	New	+$184
741	741 Kinder Morgan KMI $59.1B	$184	﹤0.01%	+10	New	+$184
742	742 Repligen RGEN $7.01B	$184	﹤0.01%	+1	New	+$184
743	743 Standex International SXI $2.52B	$183	﹤0.01%	+1	New	+$183
744	744 Onto Innovation ONTO $5.1B	$182	﹤0.01%	+1	New	+$182
745	745 Regal Rexnord RRX $9.66B	$181	﹤0.01%	+1	New	+$181
746	RDFN 746 DELISTED Redfin RDFN	$180	﹤0.01%	+27	New	+$180
747	747 Weyerhaeuser WY $18.9B	$180	﹤0.01%	+5	New	+$180
748	748 Krystal Biotech KRYS $4.35B	$178	﹤0.01%	+1	New	+$178
749	749 MYR Group MYRG $2.79B	$177	﹤0.01%	+1	New	+$177
750	750 Novanta NOVT $4.18B	$175	﹤0.01%	+1	New	+$175