WestEnd Advisors Portfolio holdings

AUM $3.77B

This Quarter Return

-0.23%

1 Year Return

+8.6%

3 Year Return

+18.99%

5 Year Return

+97.46%

10 Year Return

+148.36%

AUM

$3.77B

AUM Growth

-$158M (-4%)

Cap. Flow

-$129M

Cap. Flow % of AUM

-3.43%

Top 10 Holdings %Top 10 Hldgs %

67.9%

Holding

369

New

Increased

274

Reduced

Closed

Top Buys

1	iShares Expanded Tech-Software Sector ETF IGV	$70.7M
2	Health Care Select Sector SPDR Fund XLV	$8.25M
3	PepsiCo PEP	$6.55M
4	Texas Instruments TXN	$6.43M
5	iShares 20+ Year Treasury Bond ETF TLT	$4.48M

Top Sells

1	iShares US Broker-Dealers & Securities Exchanges ETF IAI	$98.5M
2	SPDR S&P 500 ETF Trust SPY	$19.1M
3	Financial Select Sector SPDR Fund XLF	$17.2M
4	The Communication Services Select Sector SPDR Fund XLC	$16.7M
5	Consumer Discretionary Select Sector SPDR Fund XLY	$9.03M

Sector Composition

1	Technology	4.96%
2	Financials	4.9%
3	Healthcare	3.84%
4	Communication Services	2.87%
5	Consumer Discretionary	2.29%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Technology Select Sector SPDR Fund XLK $81.7B	$402M	10.66%	1,945,917 -21,133	-1%	-$4.36M
2	2 Health Care Select Sector SPDR Fund XLV $33.6B	$402M	10.66%	2,750,662 +56,525	+2%	+$8.25M
3	3 Financial Select Sector SPDR Fund XLF $50.5B	$395M	10.48%	7,928,763 -346,293	-4%	-$17.2M
4	4 Vanguard FTSE Pacific ETF VPL $7.46B	$290M	7.69%	4,000,019 +28,297	+0.7%	+$2.05M
5	5 Vanguard FTSE All-World ex-US ETF VEU $45.9B	$245M	6.51%	4,046,391 -120,404	-3%	-$7.3M
6	6 Consumers Staples Select Sector SPDR Fund XLP $15.9B	$201M	5.33%	2,460,382 -92,585	-4%	-$7.56M
7	7 The Communication Services Select Sector SPDR Fund XLC $23.8B	$190M	5.05%	1,972,555 -172,748	-8%	-$16.7M
8	8 Consumer Discretionary Select Sector SPDR Fund XLY $22.5B	$183M	4.85%	925,968 -45,742	-5%	-$9.03M
9	9 iShares 3-7 Year Treasury Bond ETF IEI $15.5B	$134M	3.57%	1,138,427 -15,048	-1%	-$1.78M
10	10 iShares Expanded Tech-Software Sector ETF IGV $12B	$117M	3.1%	1,311,777 +794,111	+153%	+$70.7M
11	11 Vanguard Short-Term Corporate Bond ETF VCSH $34.2B	$107M	2.85%	1,359,059 -31,905	-2%	-$2.52M
12	12 iShares 20+ Year Treasury Bond ETF TLT $46.7B	$79.2M	2.1%	869,703 +49,233	+6%	+$4.48M
13	13 iShares 7-10 Year Treasury Bond ETF IEF $34.5B	$70.5M	1.87%	738,973 -17,422	-2%	-$1.66M
14	14 Vanguard Intermediate-Term Corporate Bond ETF VCIT $54B	$55.7M	1.48%	680,772 -4,543	-0.7%	-$371K
15	15 T-Mobile US TMUS $257B	$51.4M	1.36%	192,582 -11,494	-6%	-$3.07M
16	16 iShares Core MSCI Europe ETF IEUR $6.87B	$50M	1.33%	831,236 -39,249	-5%	-$2.36M
17	17 Chubb CB $111B	$47.4M	1.26%	156,995 -1,592	-1%	-$481K
18	18 JPMorgan Chase JPM $797B	$47.3M	1.25%	192,638 -10,229	-5%	-$2.51M
19	19 Mastercard MA $499B	$45.1M	1.2%	82,314 -4,379	-5%	-$2.4M
20	20 Walmart WMT $760B	$44.9M	1.19%	511,054 -17,131	-3%	-$1.5M
21	21 Goldman Sachs GS $216B	$44.6M	1.18%	81,671 -4,203	-5%	-$2.3M
22	22 TJX Companies TJX $137B	$44M	1.17%	361,360 -19,580	-5%	-$2.38M
23	23 Amazon AMZN $2.4T	$42.3M	1.12%	222,428 -11,641	-5%	-$2.21M
24	24 Medtronic MDT $114B	$41.7M	1.11%	463,511 -7,284	-2%	-$655K
25	25 Apple AAPL $3.15T	$40.5M	1.07%	182,244 -9,296	-5%	-$2.06M