TFS

Thoroughbred Financial Services Portfolio holdings

AUM $1.6B

This Quarter Return

-3.36%

1 Year Return

+14.33%

3 Year Return

+56.13%

5 Year Return

+190.85%

10 Year Return

–

AUM

$1.6B

AUM Growth

-$34.4M (-2%)

Cap. Flow

+$46M

Cap. Flow % of AUM

2.87%

Top 10 Holdings %Top 10 Hldgs %

24.31%

Holding

734

New

Increased

322

Reduced

206

Closed

Top Buys

1	Pacer Trendpilot US Large Cap ETF PTLC	$3.89M
2	Capital Group Core Equity ETF CGUS	$3.29M
3	Pacer Trendpilot 100 ETF PTNQ	$2.31M
4	iShares Russell Mid-Cap Growth ETF IWP	$2.23M
5	Invesco NASDAQ 100 ETF QQQM	$2.23M

Top Sells

1	NVIDIA NVDA	$13.3M
2	VanEck Morningstar Wide Moat ETF MOAT	$5.96M
3	Pacer US Small Cap Cash Cows 100 ETF CALF	$2.58M
4	Deckers Outdoor DECK	$2.1M
5	Pacer US Export Leaders ETF PEXL	$2.09M

Sector Composition

1	Technology	21.65%
2	Financials	9.01%
3	Consumer Discretionary	8.36%
4	Healthcare	5.58%
5	Communication Services	4.77%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
501	501 2x Bitcoin Strategy ETF BITX $2.97B	$357K	0.02%	10,072 +4,735	+89%	+$168K
502	502 Invesco Russell 1000 Dynamic Multifactor ETF OMFL $4.96B	$355K	0.02%	6,665	–	–
503	503 Danaher DHR $135B	$354K	0.02%	1,731 +11	+0.6%	+$2.25K
504	504 Southwest Airlines LUV $21B	$354K	0.02%	10,559 -61	-0.6%	-$2.05K
505	505 SPDR Portfolio S&P 500 ETF SPLG $77.3B	$352K	0.02%	5,356 +2	+0%	+$131
506	CGHM 506 Capital Group Municipal High-Income ETF CGHM $212M	$348K	0.02%	13,900	–	–
507	507 Novartis NVS $221B	$346K	0.02%	3,106 -1,017	-25%	-$113K
508	508 TeraWulf WULF $1.94B	$346K	0.02%	127,000 +79,600	+168%	+$217K
509	509 FT Vest S&P 500 Dividend Aristocrats Target Income ETF KNG $3.81B	$345K	0.02%	6,848 +521	+8%	+$26.2K
510	510 Keysight KEYS $28.1B	$343K	0.02%	2,292 +97	+4%	+$14.5K
511	511 Vanguard S&P Small-Cap 600 ETF VIOO $2.92B	$343K	0.02%	3,559 +916	+35%	+$88.3K
512	512 Constellation Brands STZ $29.6B	$341K	0.02%	1,860 -1,258	-40%	-$231K
513	513 iShares Core High Dividend ETF HDV $11.2B	$339K	0.02%	2,806 +10	+0.4%	+$1.21K
514	514 Restaurant Brands International QSR $22.6B	$339K	0.02%	+5,092	New	+$339K
515	515 iShares MSCI USA Small-Cap Min Vol Factor ETF SMMV $318M	$338K	0.02%	8,167	–	–
516	516 Sony SONY $145B	$337K	0.02%	13,281	–	–
517	517 Consumer Discretionary Select Sector SPDR Fund XLY $22.7B	$337K	0.02%	1,711 +2	+0.1%	+$394
518	518 Republic Services RSG $75B	$334K	0.02%	1,380 -6	-0.4%	-$1.45K
519	519 iShares S&P Mid-Cap 400 Value ETF IJJ $7.8B	$330K	0.02%	2,759	–	–
520	520 Alpha Architect 1-3 Month Box ETF BOXX $6.99B	$329K	0.02%	2,954 -218	-7%	-$24.3K
521	521 Vanguard Utilities ETF VPU $7.24B	$328K	0.02%	1,920 -832	-30%	-$142K
522	522 Ulta Beauty ULTA $22.4B	$327K	0.02%	893 -15	-2%	-$5.49K
523	523 Axon Enterprise AXON $58.5B	$326K	0.02%	620 -75	-11%	-$39.4K
524	524 iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ $162M	$326K	0.02%	10,148 -3,789	-27%	-$122K
525	525 iShares Silver Trust SLV $18.5B	$324K	0.02%	10,470 +2,147	+26%	+$66.4K