TFS

TrustCore Financial Services Portfolio holdings

AUM $1.14B

2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4 2019 Q3 2019 Q2 2019 Q1 2018 Q4 2018 Q3 2018 Q2 2018 Q1 2017 Q4

This Quarter Return

+18.06%

1 Year Return

-13.3%

3 Year Return

+28.38%

5 Year Return

+57.04%

10 Year Return

–

AUM

$577M

AUM Growth

+$577M (+31%)

Cap. Flow

+$62.5M

Cap. Flow % of AUM

10.83%

Top 10 Holdings % Top 10 Hldgs %

41.74%

Holding

994

New

Increased

208

Reduced

198

Closed

103

Top Buys

1	SPDR S&P 500 ETF Trust SPY	$30.1M
2	Innovator US Equity Power Buffer ETF September PSEP	$13.8M
3	FT Vest US Equity Deep Buffer ETF August DAUG	$10.1M
4	Innovator US Equity Ultra Buffer ETF September USEP	$6.79M
5	Schwab Short-Term US Treasury ETF SCHO	$6.69M

Top Sells

1	First Trust Value Line Dividend Fund FVD	$5.82M
2	First Trust Low Duration Strategic Focus ETF LDSF	$4.55M
3	iShares MSCI Emerging Markets ETF EEM	$4.41M
4	Vanguard Total World Stock ETF VT	$4.25M
5	iShares MSCI USA Min Vol Factor ETF USMV	$3.89M

Sector Composition

1	Healthcare	10.9%
2	Technology	7.02%
3	Consumer Discretionary	3.74%
4	Financials	3.27%
5	Consumer Staples	2.41%

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
976	976 iShares 7-10 Year Treasury Bond ETF IEF $35.6B	–	–	-74	Closed	-$9K
977	977 iShares North American Natural Resources ETF IGE $620M	–	–	-202	Closed	-$3K
978	978 ING ING $71B	–	–	-288	Closed	-$1K
979	979 iShares Russell 2000 Growth ETF IWO $12.3B	–	–	-162	Closed	-$26K
980	JWN 980 DELISTED Nordstrom JWN	–	–	0	–	–
981	981 Kellanova K $27.5B	–	–	-800	Closed	-$48K
982	982 KeyCorp KEY $20.8B	–	–	-500	Closed	-$5K
983	983 Kohl's KSS $1.78B	–	–	0	–	–
984	984 Kontoor Brands KTB $4.42B	$0	﹤0.01%	6	–	–
985	985 Liberty Broadband Class A LBRDA $8.57B	–	–	-9	Closed	-$1K
986	986 Liberty Broadband Class C LBRDK $8.6B	–	–	-10	Closed	-$1K
987	987 LendingClub LC $1.88B	$0	﹤0.01%	6	–	–
988	988 Lineage Cell Therapeutics LCTX $281M	–	–	-4	Closed	–
989	989 LGI Homes LGIH $1.44B	–	–	-420	Closed	-$19K
990	990 Linde LIN $221B	–	–	-100	Closed	-$17K
991	991 Lloyds Banking Group LYG $63.7B	–	–	-7,000	Closed	-$11K
992	992 Masimo MASI $7.43B	–	–	-6	Closed	-$1K
993	993 iShares MBS ETF MBB $40.9B	–	–	-90	Closed	-$10K
994	994 MKS Inc. Common Stock MKSI $6.73B	–	–	-79	Closed	-$6K