Waterloo Capital Portfolio holdings

AUM $1.08B

This Quarter Return

-0.35%

1 Year Return

+12.12%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$1.08B

AUM Growth

+$127M (+13%)

Cap. Flow

+$143M

Cap. Flow % of AUM

13.26%

Top 10 Holdings %Top 10 Hldgs %

25.35%

Holding

429

New

Increased

225

Reduced

Closed

Top Buys

1	Goldman Sachs Access Treasury 0-1 Year ETF GBIL	$19.2M
2	JPMorgan Income ETF JPIE	$7.93M
3	SPDR Euro Stoxx 50 ETF FEZ	$7.83M
4	Apple AAPL	$6.68M
5	Aptus Collared Investment Opportunity ETF ACIO	$6.14M

Top Sells

1	BlackRock Flexible Income ETF BINC	$4.99M
2	JPMorgan Equity Premium Income ETF JEPI	$4.36M
3	iShares Broad USD Investment Grade Corporate Bond ETF USIG	$4.3M
4	SPDR Portfolio S&P 500 High Dividend ETF SPYD	$3.02M
5	Aptus Large Cap Enhanced Yield ETF DUBS	$2.83M

Sector Composition

1	Technology	8.13%
2	Financials	6.48%
3	Consumer Staples	5.48%
4	Real Estate	3.93%
5	Healthcare	3.12%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
26	26 Vanguard Short-Term Bond ETF BSV $38.3B	$10.3M	0.95%	131,185 +13,816	+12%	+$1.08M
27	27 iShares National Muni Bond ETF MUB $38B	$9.87M	0.92%	93,606 +26,337	+39%	+$2.78M
28	28 SPDR Portfolio Intermediate Term Treasury ETF SPTI $8.75B	$9.83M	0.91%	343,914 +60,432	+21%	+$1.73M
29	29 iShares 0-5 Year High Yield Corporate Bond ETF SHYG $6.89B	$9.79M	0.91%	230,331 +15,278	+7%	+$650K
30	30 Amazon AMZN $2.47T	$9.25M	0.86%	48,637 +7,764	+19%	+$1.48M
31	31 SPDR Portfolio High Yield Bond ETF SPHY $8.87B	$9.07M	0.84%	387,172 -21,871	-5%	-$512K
32	32 JPMorgan Core Plus Bond ETF JCPB $7.02B	$8.79M	0.82%	186,804 +82,542	+79%	+$3.88M
33	33 iShares Russell Mid-Cap ETF IWR $43.8B	$8.2M	0.76%	96,429 +3,321	+4%	+$283K
34	34 SPDR S&P 500 ETF Trust SPY $655B	$8.19M	0.76%	14,638 -2,648	-15%	-$1.48M
35	35 JPMorgan Income ETF JPIE $4.23B	$7.93M	0.74%	+172,101	New	+$7.93M
36	36 SPDR Bloomberg Short Term High Yield Bond ETF SJNK $4.8B	$7.89M	0.73%	313,572 +25,196	+9%	+$634K
37	37 SPDR Euro Stoxx 50 ETF FEZ $4.86B	$7.83M	0.73%	+143,852	New	+$7.83M
38	38 Broadcom AVGO $1.36T	$7.56M	0.7%	45,181 -1,289	-3%	-$216K
39	39 Invesco S&P 500 Low Volatility ETF SPLV $7.7B	$7.47M	0.69%	99,909 -11,488	-10%	-$858K
40	40 Vanguard FTSE Emerging Markets ETF VWO $94.1B	$7.27M	0.68%	160,537 +16,632	+12%	+$753K
41	41 Aptus Large Cap Enhanced Yield ETF DUBS $241M	$7.16M	0.67%	231,949 -91,507	-28%	-$2.83M
42	42 Invesco S&P 500 Top 50 ETF XLG $9.79B	$6.46M	0.6%	140,302 -10,151	-7%	-$467K
43	43 Philip Morris PM $251B	$6.29M	0.58%	39,620 +3,087	+8%	+$490K
44	44 iShares 7-10 Year Treasury Bond ETF IEF $34.9B	$6.14M	0.57%	64,331 +38,514	+149%	+$3.67M
45	45 iShares Floating Rate Bond ETF FLOT $8.99B	$5.9M	0.55%	115,591 +7,661	+7%	+$391K
46	46 The Communication Services Select Sector SPDR Fund XLC $23.8B	$5.87M	0.55%	60,846 -21,871	-26%	-$2.11M
47	UPSD 47 Aptus Large Cap Upside ETF UPSD $84.2M	$5.67M	0.53%	+244,945	New	+$5.67M
48	48 Aptus Enhanced Yield ETF JUCY $258M	$5.67M	0.53%	248,453 +47,862	+24%	+$1.09M
49	49 Meta Platforms (Facebook) META $1.8T	$5.64M	0.52%	9,780 +1,521	+18%	+$877K
50	50 Altria Group MO $100B	$5.32M	0.49%	88,603 +10,926	+14%	+$656K