TFS

TrustCore Financial Services Portfolio holdings

AUM $1.14B

1-Year Est. Return 13.3%

This Quarter Est. Return

1 Year Est. Return

-13.3%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$1.05B

AUM Growth

-$21.2M (-2%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

1,200

New

Increased

Reduced

Closed

Top Buys

1		+$31M
2		+$9.37M
3		+$3.52M
4	Vanguard Mid-Cap ETF VO	+$3.48M
5	iShares MSCI EAFE ETF EFA	+$3.21M

Top Sells

1		+$22.5M
2		+$5.4M
3		+$1.83M
4	Vanguard FTSE Developed Markets ETF VEA	+$1.78M
5	First Trust Enhanced Short Maturity ETF FTSM	+$1.72M

Sector Composition

1	Healthcare	8.47%
2	Technology	6.31%
3	Financials	3.19%
4	Consumer Discretionary	2.45%
5	Consumer Staples	1.77%

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
926	926 Kratos Defense & Security Solutions KTOS $11.8B	$3K	﹤0.01%	300
927	927 Louisiana-Pacific LPX $5.88B	$3K	﹤0.01%	49
928	928 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $31.7B	$3K	﹤0.01%	34 -24
929	MMT 929 MFS Multimarket Income Trust MMT $254M	$3K	﹤0.01%	625
930	930 iShares National Muni Bond ETF MUB $41.5B	$3K	﹤0.01%	+26
931	931 Norwegian Cruise Line NCLH $9.81B	$3K	﹤0.01%	262
932	932 NeoGenomics NEO $1.5B	$3K	﹤0.01%	400
933	NOAH 933 Noah Holdings NOAH $638M	$3K	﹤0.01%	200
934	934 Timken Company TKR $5.86B	$3K	﹤0.01%	50
935	935 Tilray TLRY $1.49B	$3K	﹤0.01%	1,175
936	936 VF Corp VFC $7.24B	$3K	﹤0.01%	+100
937	NVRO 937 DELISTED NEVRO CORP. NVRO	$3K	﹤0.01%	58
938	BRDS 938 DELISTED Bird Global, Inc. BRDS	$3K	﹤0.01%	+368
939	OSH 939 DELISTED Oak Street Health, Inc. OSH	$3K	﹤0.01%	140
940	940 First Trust Energy AlphaDEX Fund FXN $272M	$2K	﹤0.01%	135
941	941 Goldman Sachs Access High Yield Corporate Bond ETF GHYB $95.3M	$2K	﹤0.01%	+42
942	942 Vulcan Materials VMC $37.7B	$2K	﹤0.01%	10
943	943 Vodafone VOD $30.3B	$2K	﹤0.01%	146 +118
944	944 Energous WATT $9.4M	$2K	﹤0.01%	3 +1
945	945 State Street SPDR S&P Oil & Gas Equipment & Services ETF XES $262M	$2K	﹤0.01%	42
946	946 ProShares UltraShort Silver ZSL $6.76M	$2K	﹤0.01%	11
947	JOYY 947 JOYY Inc JOYY $3.22B	$2K	﹤0.01%	83
948	TEN 948 DELISTED Tenneco Inc. Class A Voting Common Stock TEN	$2K	﹤0.01%	100
949	949 AbCellera Biologics ABCL $1B	$2K	﹤0.01%	161
950	BPT 950 DELISTED BP Prudhoe Bay Royalty Trust BPT	$2K	﹤0.01%	+200