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| # | Issuer | Value | Shares | % Portfolio |
|---|---|---|---|---|
| 1 | Select STR Financial Select SPDR ETF | $17.9M | 361575 | 7.92% |
| 2 | BlackRock iShares Dynamic Equity Active | $17.3M | 713598 | 7.70% |
| 3 | Technology Select Sector SPDR ETF | $16.8M | 126602 | 7.47% |
| 4 | Vanguard FTSE Developed Markets ETF | $15.9M | 248622 | 7.07% |
| 5 | Schwab US Large Cap Growth ETF | $14.8M | 509770 | 6.59% |
| 6 | Vanguard FTSE Europe ETF | $11.3M | 137259 | 5.02% |
| 7 | Health Care Select SPDR | $9.6M | 65723 | 4.28% |
| 8 | Vanguard Muni BND Tax Exempt ETF | $9.4M | 187863 | 4.16% |
| 9 | iShares MSCI World ETF | $9.1M | 50422 | 4.03% |
| 10 | INDUSTRIAL SELECT SECTOR SPDR FUND | $8.3M | 51417 | 3.69% |
| 11 | iShares Core S&P 500 ETF | $8.0M | 12239 | 3.55% |
| 12 | Schwab Intermediate Term US TRS ETF | $7.7M | 308868 | 3.41% |
| 13 | Communicat SVS SLCT Sec SPDR ETF IV | $7.3M | 65757 | 3.24% |
| 14 | iShares iBoxx Invt Grade Bond ETF | $6.2M | 57084 | 2.76% |
| 15 | iShares Inc MSCI Japan ETF | $5.7M | 68030 | 2.55% |
| 16 | Fidelity MSCI Cons Discr Indx ETF | $5.5M | 59094 | 2.45% |
| 17 | Energy Select Sector SPDR ETF | $4.2M | 67866 | 1.85% |
| 18 | iShares MSCI Glo Gold Miners ETF | $4.1M | 51432 | 1.80% |
| 19 | Vanguard Mortgage Backed Sec ETF | $3.9M | 83397 | 1.74% |
| 20 | Invesco S&P 500 Equal Weight ETF | $3.5M | 18048 | 1.54% |
| 21 | iShares Expanded Tech Sector ETF | $3.3M | 28003 | 1.47% |
| 22 | Vanguard S&P 500 ETF | $3.2M | 5367 | 1.42% |
| 23 | iShares MSCI USA Value Factor ETF | $2.7M | 19159 | 1.21% |
| 24 | SPDR S&P Aerospace & Defense ETF | $2.6M | 10255 | 1.16% |
| 25 | iShares Core MSCI EAFE ETF | $2.5M | 28145 | 1.13% |
| 26 | Nvidia Corp | $2.2M | 12797 | 0.99% |
| 27 | Vanguard Russell 2000 Growth ETF | $1.8M | 7910 | 0.80% |
| 28 | Vaneck Semiconductor ETF | $1.8M | 4632 | 0.79% |
| 29 | Invsc QQQ Trust SRS 1 ETF | $1.7M | 3027 | 0.78% |
| 30 | iShares Core MSCI Emerging ETF | $1.4M | 20713 | 0.64% |
| 31 | iShares California Muni Bond ETF | $1.3M | 23103 | 0.58% |
| 32 | Vanguard Dividend Appreciation ETF | $1.2M | 5608 | 0.54% |
| 33 | Apple Inc | $1.2M | 4600 | 0.52% |
| 34 | Alphabet Inc Class C | $1.0M | 3640 | 0.46% |
| 35 | JPMorgan U.S. Quality Factor ETF | $1.0M | 16438 | 0.45% |
| 36 | iShares JPMorgan Usd MTS Bond ETF | $968K | 10306 | 0.43% |
| 37 | ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF | $957K | 23450 | 0.42% |
| 38 | Tesla Inc | $852K | 2292 | 0.38% |
| 39 | SPDR S&P 500 ETF | $835K | 1284 | 0.37% |
| 40 | Microsoft Corp | $738K | 1995 | 0.33% |
| 41 | Vanguard High Dividend Yield ETF | $565K | 3813 | 0.25% |
| 42 | Grayscale Bitcoin TR BTC | $535K | 10147 | 0.24% |
| 43 | Vanguard Total Bond Market ETF | $466K | 6327 | 0.21% |
| 44 | SPDR Gold Shares ETF | $429K | 998 | 0.19% |
| 45 | Shopify Inc F Class A | $420K | 3540 | 0.19% |
| 46 | SCHWAB SHORT-TERM US TREASURY ETF | $420K | 17322 | 0.19% |
| 47 | iShares New York Muni Bond ETF | $416K | 7838 | 0.18% |
| 48 | Charles Schwab US REIT ETF | $350K | 16285 | 0.16% |
| 49 | Schwab Long Term US Treasury ETF | $349K | 11106 | 0.15% |
| 50 | Amazon.Com Inc | $297K | 1424 | 0.13% |
Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.