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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | STATE STR SPDR DOW JONES IND | $103.4M | 215773 | 14.42% |
| 2 | ISHARES TR | $65.9M | 934195 | 9.19% |
| 3 | VANGUARD INDEX FDS | $45.3M | 151801 | 6.32% |
| 4 | ISHARES TR | $43.0M | 63278 | 5.99% |
| 5 | SPDR SERIES TRUST | $42.3M | 1408718 | 5.90% |
| 6 | INVESCO QQQ TR | $40.9M | 67444 | 5.70% |
| 7 | ISHARES TR | $31.0M | 589543 | 4.32% |
| 8 | SPDR SERIES TRUST | $25.5M | 877107 | 3.56% |
| 9 | ISHARES TR | $24.0M | 449664 | 3.35% |
| 10 | ISHARES TR | $20.1M | 194455 | 2.80% |
| 11 | ISHARES TR | $18.7M | 175251 | 2.60% |
| 12 | ISHARES INC | $16.7M | 196741 | 2.33% |
| 13 | VANGUARD WORLD FD | $15.9M | 21550 | 2.22% |
| 14 | FIRST TR EXCHANGE-TRADED FD | $14.1M | 164639 | 1.97% |
| 15 | ISHARES TR | $11.8M | 106618 | 1.65% |
| 16 | ISHARES TR | $11.5M | 211861 | 1.61% |
| 17 | ISHARES TR | $11.0M | 127826 | 1.53% |
| 18 | FLEXSHARES TR | $8.8M | 157651 | 1.23% |
| 19 | ISHARES TR | $8.6M | 51294 | 1.20% |
| 20 | FIDELITY COMWLTH TR | $8.5M | 95768 | 1.19% |
| 21 | SPDR SERIES TRUST | $8.2M | 161507 | 1.14% |
| 22 | ISHARES TR | $8.1M | 129578 | 1.14% |
| 23 | VANGUARD CHARLOTTE FDS | $7.6M | 156798 | 1.06% |
| 24 | SCHWAB STRATEGIC TR | $7.6M | 219433 | 1.05% |
| 25 | ISHARES TR | $6.3M | 48300 | 0.87% |
| 26 | STATE STR SPDR S&P 500 ETF T | $5.9M | 8791 | 0.83% |
| 27 | ISHARES TR | $5.8M | 116643 | 0.82% |
| 28 | INVESCO EXCH TRADED FD TR II | $5.6M | 22609 | 0.79% |
| 29 | SELECT SECTOR SPDR TR | $5.6M | 131543 | 0.78% |
| 30 | ISHARES TR | $5.2M | 53063 | 0.73% |
| 31 | FIRST TR EXCHANGE-TRADED FD | $4.9M | 45814 | 0.68% |
| 32 | ISHARES TR | $4.8M | 44755 | 0.67% |
| 33 | ISHARES TR | $4.6M | 27983 | 0.64% |
| 34 | J P MORGAN EXCHANGE TRADED F | $4.5M | 93800 | 0.63% |
| 35 | ISHARES TR | $3.9M | 41464 | 0.54% |
| 36 | ISHARES GOLD TR | $3.9M | 43766 | 0.54% |
| 37 | ISHARES TR | $3.5M | 72387 | 0.49% |
| 38 | ISHARES TR | $3.5M | 40106 | 0.48% |
| 39 | FIRST TR EXCH TRADED FD III | $3.2M | 63546 | 0.45% |
| 40 | ISHARES TR | $3.0M | 31944 | 0.43% |
| 41 | DAVIS FUNDAMENTAL ETF TR | $2.9M | 61463 | 0.40% |
| 42 | INVESCO EXCHANGE TRADED FD T | $2.7M | 36111 | 0.37% |
| 43 | APPLE INC | $2.2M | 8322 | 0.30% |
| 44 | ISHARES U S ETF TR | $2.0M | 61324 | 0.28% |
| 45 | SCHWAB STRATEGIC TR | $1.9M | 70297 | 0.26% |
| 46 | ISHARES TR | $1.8M | 28859 | 0.25% |
| 47 | SCHWAB STRATEGIC TR | $1.6M | 48623 | 0.22% |
| 48 | BERKSHIRE HATHAWAY INC DEL | $1.5M | 3066 | 0.21% |
| 49 | SPDR SERIES TRUST | $1.5M | 4091 | 0.21% |
| 50 | ISHARES INC | $1.4M | 11493 | 0.19% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.