TIA

Traphagen Investment Advisors Portfolio holdings

AUM $1.06B

This Quarter Return

-1.77%

1 Year Return

+15.23%

3 Year Return

+44.03%

5 Year Return

+69.52%

10 Year Return

–

AUM

$958M

AUM Growth

-$25M (-3%)

Cap. Flow

-$243K

Cap. Flow % of AUM

-0.03%

Top 10 Holdings %Top 10 Hldgs %

70.13%

Holding

192

New

Increased

Reduced

Closed

Top Buys

1	Pacer US Large Cap Cash Cows Growth Leaders ETF COWG	$46.2M
2	iShares 20+ Year Treasury Bond BuyWrite Strategy ETF TLTW	$16.6M
3	VictoryShares Free Cash Flow ETF VFLO	$15.1M
4	iShares Core S&P 500 ETF IVV	$10.1M
5	Vanguard Intermediate-Term Treasury ETF VGIT	$3.23M

Top Sells

1	Pacer US Cash Cows 100 ETF COWZ	$48.8M
2	Avantis US Small Cap Value ETF AVUV	$41.5M
3	iShares 20+ Year Treasury Bond ETF TLT	$7.35M
4	iShares 0-3 Month Treasury Bond ETF SGOV	$2.23M
5	Tortoise North American Pipeline Fund TPYP	$1.63M

Sector Composition

1	Financials	5.61%
2	Technology	4.44%
3	Consumer Discretionary	1.1%
4	Communication Services	1.09%
5	Healthcare	1.08%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Core S&P 500 ETF IVV $645B	$239M	24.97%	425,729 +17,888	+4%	+$10.1M
2	2 Avantis US Equity ETF AVUS $9.11B	$109M	11.38%	1,180,542 +11,186	+1%	+$1.03M
3	3 VictoryShares Free Cash Flow ETF VFLO $4.27B	$72M	7.51%	2,099,116 +439,317	+26%	+$15.1M
4	4 iShares 20+ Year Treasury Bond BuyWrite Strategy ETF TLTW $1.21B	$57.8M	6.04%	2,403,657 +688,738	+40%	+$16.6M
5	5 Pacer US Large Cap Cash Cows Growth Leaders ETF COWG $2.34B	$47.3M	4.94%	1,536,689 +1,501,152	+4,224%	+$46.2M
6	6 First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund GRID $2.96B	$39.1M	4.08%	345,410 +17,678	+5%	+$2M
7	7 Vanguard Intermediate-Term Treasury ETF VGIT $31.8B	$33.1M	3.45%	556,957 +54,325	+11%	+$3.23M
8	8 Janus Henderson AAA CLO ETF JAAA $23.1B	$26M	2.72%	513,093 +56,461	+12%	+$2.86M
9	9 Tortoise North American Pipeline Fund TPYP $698M	$25.2M	2.63%	692,171 -44,829	-6%	-$1.63M
10	10 Apple AAPL $3.4T	$23.2M	2.42%	104,302 +5,200	+5%	+$1.16M
11	11 iShares 0-3 Month Treasury Bond ETF SGOV $52B	$23M	2.41%	228,880 -22,125	-9%	-$2.23M
12	12 iShares 1-3 Year Treasury Bond ETF SHY $23.3B	$13.9M	1.45%	167,605 -12,059	-7%	-$998K
13	13 CME Group CME $102B	$12.9M	1.34%	48,513 +9	+0%	+$2.39K
14	14 Vanguard S&P 500 ETF VOO $704B	$12.4M	1.3%	24,210 +17	+0.1%	+$8.74K
15	15 Vanguard Total Stock Market ETF VTI $513B	$11.6M	1.21%	42,192 -357	-0.8%	-$98.1K
16	16 Berkshire Hathaway Class A BRK.A $1T	$11.2M	1.17%	14	–	–
17	17 Bitwise Bitcoin ETF BITB $4.48B	$9.96M	1.04%	221,918 +62,073	+39%	+$2.79M
18	18 Intercontinental Exchange ICE $107B	$9.7M	1.01%	56,227 -455	-0.8%	-$78.5K
19	19 iShares 25+ Year Treasury STRIPS Bond ETF GOVZ $280M	$6.42M	0.67%	625,223 -34,705	-5%	-$356K
20	20 Grayscale Bitcoin Trust GBTC $46.8B	$6.06M	0.63%	92,986 -2,304	-2%	-$150K
21	21 Microsoft MSFT $3.88T	$5.76M	0.6%	15,346 +1,537	+11%	+$577K
22	22 Pacer US Cash Cows 100 ETF COWZ $19.8B	$5.69M	0.59%	103,962 -891,702	-90%	-$48.8M
23	23 Goldman Sachs GS $218B	$5.53M	0.58%	10,130 +9	+0.1%	+$4.92K
24	24 Invesco National AMT-Free Municipal Bond ETF PZA $2.83B	$5.27M	0.55%	228,677 +5,732	+3%	+$132K
25	25 Public Service Enterprise Group PEG $43.8B	$4.79M	0.5%	58,231 +804	+1%	+$66.2K