UFF

USA Financial Formulas Portfolio holdings

AUM $586M

This Quarter Return

-2.5%

1 Year Return

+13.49%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$606M

AUM Growth

-$30.8M (-5%)

Cap. Flow

-$19.5M

Cap. Flow % of AUM

-3.22%

Top 10 Holdings %Top 10 Hldgs %

81.1%

Holding

379

New

Increased

Reduced

102

Closed

105

Top Buys

1	SPDR S&P 500 ETF Trust SPY	$46.9M
2	iShares S&P 500 Growth ETF IVW	$45.4M
3	SPDR Dow Jones Industrial Average ETF Trust DIA	$42.5M
4	iShares 7-10 Year Treasury Bond ETF IEF	$18.6M
5	iShares S&P Mid-Cap 400 Value ETF IJJ	$4.42M

Top Sells

1	iShares S&P 500 Value ETF IVE	$77M
2	iShares US Real Estate ETF IYR	$76.7M
3	iShares iBoxx $ High Yield Corporate Bond ETF HYG	$9.8M
4	iShares iBoxx $ Investment Grade Corporate Bond ETF LQD	$9.72M
5	Cintas CTAS	$2.28M

Sector Composition

1	Financials	3.39%
2	Technology	2.95%
3	Healthcare	2.15%
4	Communication Services	1.91%
5	Industrials	1.89%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 SPDR S&P 500 ETF Trust SPY $660B	$124M	20.5%	221,937 +83,894	+61%	+$46.9M
2	2 iShares S&P 500 Growth ETF IVW $63.2B	$122M	20.17%	1,315,807 +488,603	+59%	+$45.4M
3	3 SPDR Dow Jones Industrial Average ETF Trust DIA $38.6B	$122M	20.15%	290,626 +101,182	+53%	+$42.5M
4	4 iShares Core S&P 500 ETF IVV $659B	$34.1M	5.63%	60,692 -1,612	-3%	-$906K
5	5 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD $28.3B	$33.5M	5.53%	308,139 -89,458	-23%	-$9.72M
6	6 SPDR Bloomberg 1-3 Month T-Bill ETF BIL $42.7B	$22.8M	3.76%	248,255 -4,247	-2%	-$390K
7	7 iShares 7-10 Year Treasury Bond ETF IEF $35.8B	$18.6M	3.08%	+195,352	New	+$18.6M
8	8 Invesco QQQ Trust QQQ $368B	$5.12M	0.84%	10,909 +8,943	+455%	+$4.19M
9	9 iShares S&P Mid-Cap 400 Value ETF IJJ $7.97B	$4.42M	0.73%	+36,877	New	+$4.42M
10	10 iShares S&P Small-Cap 600 Value ETF IJS $6.52B	$4.34M	0.72%	+44,550	New	+$4.34M
11	11 T-Mobile US TMUS $284B	$2.86M	0.47%	10,725 -1,966	-15%	-$524K
12	12 Gilead Sciences GILD $149B	$2.72M	0.45%	24,318 +7,654	+46%	+$858K
13	13 Cisco CSCO $279B	$2.69M	0.44%	43,520 +19,949	+85%	+$1.23M
14	14 Fortinet FTNT $60.8B	$2.43M	0.4%	25,223 +10,297	+69%	+$991K
15	15 Netflix NFLX $512B	$2.3M	0.38%	2,462 +1,051	+74%	+$980K
16	16 Intuitive Surgical ISRG $173B	$2.22M	0.37%	4,476 +2,128	+91%	+$1.05M
17	17 Meta Platforms (Facebook) META $1.96T	$2.17M	0.36%	3,758 +1,633	+77%	+$941K
18	18 Mastercard MA $519B	$1.9M	0.31%	3,458 +3,074	+801%	+$1.68M
19	19 Bank of New York Mellon BK $73.1B	$1.82M	0.3%	21,664 -1,752	-7%	-$147K
20	20 Boston Scientific BSX $152B	$1.81M	0.3%	17,937 +3,401	+23%	+$343K
21	21 Fox Class A FOXA $25B	$1.65M	0.27%	29,161 +1,504	+5%	+$85.1K
22	22 Apple AAPL $3.46T	$1.61M	0.27%	7,228 +759	+12%	+$169K
23	23 Visa V $654B	$1.51M	0.25%	+4,316	New	+$1.51M
24	24 Exelon EXC $45.1B	$1.51M	0.25%	+32,821	New	+$1.51M
25	25 Abbott ABT $228B	$1.49M	0.25%	11,251 +7,396	+192%	+$981K