VSQM

V-Square Quantitative Management Portfolio holdings

AUM $962M

1-Year Est. Return 29.87%

This Fund

S&P 500

This Quarter Est. Return

1 Year Est. Return

+29.87%

3 Year Est. Return

5 Year Est. Return

10 Year Est. Return

AUM

$962M

AUM Growth

+$369M (+62%)

Cap. Flow

Cap. Flow % of AUM

Top 10 Holdings % Top 10 Hldgs %

Holding

697

New

Increased

Reduced

Closed

Top Buys

1		+$127M
2		+$5.37M
3		+$4.69M
4	Alphabet (Google) Class C GOOG	+$4.51M
5	ServiceNow NOW	+$3.73M

Top Sells

1		+$8.97M
2		+$7.3M
3		+$2.74M
4	Visa V	+$1.78M
5	Broadcom AVGO	+$1.73M

Sector Composition

1	Technology	28.49%
2	Financials	10.47%
3	Communication Services	10%
4	Healthcare	9.44%
5	Industrials	8.02%

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
176	176 Cognizant CTSH $31.1B	$913K	0.09%	11,000 -1,354
177	177 Exelon EXC $50.4B	$910K	0.09%	20,872 -2,581
178	178 Carrier Global CARR $51.1B	$907K	0.09%	17,158 -1,186
179	179 Philip Morris PM $279B	$896K	0.09%	+5,588
180	180 Arch Capital ACGL $35.3B	$895K	0.09%	9,330 -1,281
181	181 Nokia NOK $45.5B	$891K	0.09%	137,722 +24,996
182	182 Ferguson FERG $49.6B	$891K	0.09%	+4,001
183	183 IQVIA IQV $30.2B	$888K	0.09%	+3,939
184	184 Diageo DEO $45.7B	$887K	0.09%	+10,276
185	185 Axon Enterprise AXON $45.8B	$884K	0.09%	+1,556
186	186 Telefônica Brasil VIV $26.2B	$883K	0.09%	74,455 +4,580
187	187 Kimberly-Clark KMB $34.8B	$875K	0.09%	+8,668
188	188 Ingersoll Rand IR $36B	$866K	0.09%	10,932 -754
189	189 Paychex PAYX $34.4B	$861K	0.09%	+7,671
190	190 Dollar General DG $33.4B	$852K	0.09%	+6,417
191	191 Targa Resources TRGP $52.2B	$849K	0.09%	+4,600
192	192 Hewlett Packard HPE $28.6B	$840K	0.09%	34,989 -6,031
193	193 Crown Castle CCI $39.7B	$840K	0.09%	9,450 -1,370
194	194 Fidelity National Information Services FIS $25.9B	$838K	0.09%	12,613 +896
195	195 Keurig Dr Pepper KDP $39.2B	$834K	0.09%	29,783 +2,458
196	196 Dover DOV $29.9B	$816K	0.08%	+4,177
197	197 Ulta Beauty ULTA $29.3B	$813K	0.08%	+1,343
198	198 Synchrony SYF $24.1B	$811K	0.08%	9,725 -1,101
199	199 Palantir PLTR $366B	$811K	0.08%	+4,561
200	200 Nike NKE $86.8B	$809K	0.08%	12,701 -2,850