Townsend & Associates Portfolio holdings

AUM $959M

This Quarter Return

+4.35%

1 Year Return

+6.54%

3 Year Return

+22.71%

5 Year Return

+117.31%

10 Year Return

–

AUM

$959M

AUM Growth

-$17.4M (-2%)

Cap. Flow

+$13M

Cap. Flow % of AUM

1.35%

Top 10 Holdings %Top 10 Hldgs %

43.96%

Holding

106

New

Increased

Reduced

Closed

Top Buys

1	iShares MSCI EAFE Value ETF EFV	$10M
2	iShares Short Treasury Bond ETF SHV	$7.62M
3	Nutrien NTR	$4.98M
4	Berkshire Hathaway Class A BRK.A	$4.56M
5	Diageo DEO	$4.5M

Top Sells

1	iShares Core S&P Small-Cap ETF IJR	$11.5M
2	Walmart WMT	$6.6M
3	SPDR Gold Trust GLD	$6.54M
4	RTX Corp RTX	$4.37M
5	American International AIG	$3.79M

Sector Composition

1	Industrials	13.47%
2	Consumer Discretionary	11.08%
3	Financials	10.36%
4	Consumer Staples	7.73%
5	Materials	5.7%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Diageo DEO $59.5B	$15.3M	1.6%	139,903 +40,977	+41%	+$4.5M
27	27 AerCap AER $20.3B	$14.9M	1.56%	158,042 -28,175	-15%	-$2.66M
28	28 Edwards Lifesciences EW $46.9B	$14.9M	1.55%	214,799 +34,048	+19%	+$2.36M
29	29 Walmart WMT $778B	$14.8M	1.54%	159,705 -71,474	-31%	-$6.6M
30	30 Booking.com BKNG $183B	$14.3M	1.49%	3,229 -624	-16%	-$2.77M
31	31 iShares Gold Trust IAU $47.8B	$14.2M	1.48%	220,399 -1,812	-0.8%	-$117K
32	32 MYR Group MYRG $3.11B	$14M	1.46%	127,824 +21,631	+20%	+$2.37M
33	33 Crocs CROX $5.99B	$13.9M	1.45%	155,118 +21,468	+16%	+$1.92M
34	34 Accenture ACN $176B	$12.5M	1.3%	44,643 +5,325	+14%	+$1.49M
35	35 D.R. Horton DHI $43.3B	$12.3M	1.29%	102,103 +13,816	+16%	+$1.67M
36	36 Walt Disney DIS $218B	$12.1M	1.26%	143,798 -5,843	-4%	-$491K
37	37 Generac Holdings GNRC $9.27B	$11.8M	1.23%	110,749 +1,034	+0.9%	+$110K
38	38 iShares MSCI Emerging Markets ex China ETF EMXC $13.8B	$10.3M	1.07%	189,260 +2,251	+1%	+$122K
39	39 Duke Energy DUK $93.2B	$4.62M	0.48%	38,467 -1,554	-4%	-$187K
40	40 Berkshire Hathaway Class A BRK.A $1.04T	$4.56M	0.48%	+6	New	+$4.56M
41	41 Lockheed Martin LMT $98.3B	$4.17M	0.44%	9,109 -118	-1%	-$54.1K
42	42 NVR NVR $21.6B	$3.34M	0.35%	468 +40	+9%	+$285K
43	43 Apple AAPL $3.19T	$2.81M	0.29%	14,541 -26	-0.2%	-$5.02K
44	44 Microsoft MSFT $3.82T	$2.73M	0.28%	7,600	–	–
45	45 PepsiCo PEP $196B	$2.59M	0.27%	18,299 +1,264	+7%	+$179K
46	46 British American Tobacco BTI $114B	$2.45M	0.26%	57,500 -6,467	-10%	-$275K
47	47 American Water Works AWK $27.4B	$2.43M	0.25%	16,528 +1,697	+11%	+$250K
48	48 Bristol-Myers Squibb BMY $98.6B	$2.32M	0.24%	47,342 +2,817	+6%	+$138K
49	49 JPMorgan Chase JPM $821B	$2.31M	0.24%	10,089 -5,209	-34%	-$1.19M
50	50 Brown-Forman Class B BF.B $14.6B	$2.29M	0.24%	66,890 +37,453	+127%	+$1.28M