WAS

Winch Advisory Services Portfolio holdings

AUM $378M

AUM

$378M

AUM Growth

-$6.25M (-2%)

Cap. Flow

+$11.6M

Cap. Flow % of AUM

3.08%

Top 10 Holdings %Top 10 Hldgs %

60.67%

Holding

569

New

Increased

183

Reduced

Closed

1	Vanguard Short-Term Treasury ETF VGSH	$10.2M
2	SPDR Bloomberg 1-3 Month T-Bill ETF BIL	$7.54M
3	Vanguard Intermediate-Term Corporate Bond ETF VCIT	$768K
4	SPDR Portfolio S&P 1500 Composite Stock Market ETF SPTM	$723K
5	Goldman Sachs Access Treasury 0-1 Year ETF GBIL	$631K

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
501	501 Huntington Ingalls Industries HII $8.95B	$0	0%	0 -25	Closed	–
502	HPF 502 John Hancock Preferred Income Fund II HPF $343M	$0	0%	0 -1,264	Closed	–
503	503 Humana HUM $28.1B	$0	0%	0 -33	Closed	–
504	504 iShares Core MSCI EAFE ETF IEFA $141B	$0	0%	0 -18	Closed	–
505	505 International Flavors & Fragrances IFF $20B	$0	0%	0 -60	Closed	–
506	506 iShares Russell 2000 Value ETF IWN $11.1B	$0	0%	0 -4	Closed	–
507	507 iShares Russell Mid-Cap ETF IWR $41B	$0	0%	0 -13	Closed	–
508	508 Labcorp LH $21.4B	$0	0%	0 -3	Closed	–
509	509 Landstar System LSTR $4.9B	$0	0%	0 -3	Closed	–
510	510 Marriot International MAR $72.8B	$0	0%	0 -14	Closed	–
511	511 Marsh & McLennan MMC $110B	$0	0%	0 -42	Closed	–
512	512 M&T Bank MTB $29.6B	$0	0%	0 -49	Closed	–
513	513 Nordson NDSN $12.4B	$0	0%	0 -18	Closed	–
514	514 NXP Semiconductors NXPI $53.8B	$0	0%	0 -13	Closed	–
515	515 Nexstar Media Group NXST $5.08B	$0	0%	0 -4	Closed	–
516	516 Petrobras PBR $72.4B	$0	0%	0 -49	Closed	–
517	517 Regeneron Pharmaceuticals REGN $55.9B	$0	0%	0 -1	Closed	–
518	518 RenaissanceRe RNR $11.9B	$0	0%	0 -2	Closed	–
519	519 Royalty Pharma RPRX $14.1B	$0	0%	0 -300	Closed	–
520	520 Sabesp SBS $13.8B	$0	0%	0 -28	Closed	–
521	521 VanEck Steel ETF SLX $75.6M	$0	0%	0 -576	Closed	–
522	522 Sony SONY $160B	$0	0%	0 -30	Closed	–
523	523 Simon Property Group SPG $52.4B	$0	0%	0 -32	Closed	–
524	524 Sempra SRE $48.7B	$0	0%	0 -69	Closed	–
525	525 Steel Dynamics STLD $19.8B	$0	0%	0 -6	Closed	–