VCM

Verger Capital Management Portfolio holdings

AUM $227M

AUM

$227M

AUM Growth

+$26.7M (+13%)

Cap. Flow

+$23M

Cap. Flow % of AUM

10.13%

Top 10 Holdings %Top 10 Hldgs %

96.56%

Holding

14

New

–

Increased

14

Reduced

–

Closed

–

Top Buys

1	iShares MSCI ACWI ETF ACWI	$5.63M
2	iShares Core US Aggregate Bond ETF AGG	$4.54M
3	SPDR S&P 500 ETF Trust SPY	$4.47M
4	iShares Global Energy ETF IXC	$1.84M
5	iShares MSCI Japan ETF EWJ	$1.84M

Top Sells

No sells this quarter

Sector Composition

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 iShares Core US Aggregate Bond ETF AGG $124B	$42.2M	18.56%	426,511 +45,890	+12%	+$4.54M
2	2 SPDR S&P 500 ETF Trust SPY $639B	$35.6M	15.67%	63,694 +7,991	+14%	+$4.47M
3	3 iShares MSCI ACWI ETF ACWI $21.9B	$33.9M	14.9%	291,080 +48,363	+20%	+$5.63M
4	4 iShares Core S&P 500 ETF IVV $595B	$25.9M	11.4%	46,138 +143	+0.3%	+$80.4K
5	5 iShares MSCI EAFE ETF EFA $63.1B	$22.9M	10.06%	279,770 +20,313	+8%	+$1.66M
6	6 iShares Global Energy ETF IXC $1.73B	$17.8M	7.84%	423,572 +43,837	+12%	+$1.84M
7	7 iShares Gold Trust IAU $46.2B	$14.3M	6.3%	242,959 +10,323	+4%	+$609K
8	8 iShares TIPS Bond ETF TIP $13.8B	$11.1M	4.89%	100,043 +8,434	+9%	+$937K
9	9 iShares MSCI Emerging Markets ETF EEM $17.9B	$10.5M	4.6%	239,259 +14,865	+7%	+$650K
10	10 iShares Russell 2000 ETF IWM $64.9B	$5.32M	2.34%	26,682 +1,810	+7%	+$361K
11	11 iShares MSCI Japan ETF EWJ $15B	$4.3M	1.89%	62,783 +26,897	+75%	+$1.84M
12	12 iShares 3-7 Year Treasury Bond ETF IEI $15.5B	$1.76M	0.78%	14,930 +80	+0.5%	+$9.45K
13	13 VanEck Gold Miners ETF GDX $15.9B	$1.35M	0.59%	29,346 +8,537	+41%	+$392K
14	14 iShares US Technology ETF IYW $20.3B	$403K	0.18%	2,873 +2	+0.1%	+$281