Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLK	STATE STREET TECHNOLOGY SELECT SECTOR SPDR	68,648	$13.08M	10.7%	$190.52	—	ETF	81369Y803
IWX	IWX - ISHARES RUSSELL TOP 200 VALUE	78,088	$8.212M	6.7%	$105.16	—	ETF	464289420
XLV	STATE STREET HEALTH CARE SELECT SECTOR SPDR	14,448	$2.292M	1.9%	$158.66	—	ETF	81369Y209
IUSV	IUSV - ISHARES CORE S&P US VALUE	9,161	$1.009M	0.8%	$110.16	—	ETF	464287663
IDMO	INVESCO S&P INTERNATIONAL DEVELOPED MOMENTUM	8,547	$515K	0.4%	$60.25	—	ETF	46138E222
XLRE	STATE STREET REAL ESTATE SELECT SECTOR SPDR	7,180	$316K	0.3%	$44.03	—	ETF	81369Y860
XAGG	EATON VANCE INCOME OPPORTUNITIES	5,011	$251K	0.2%	$49.99	—	ETF	61774R817
VB	VANGUARD SMALL-CAP	723	$219K	0.2%	$303.29	—	ETF	922908751

Increased Positions (13)

PYLD PIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND 31.2%

Value $38.13M (+14.0%) Shares 1,437,849 (+12.7%) Est. Cost $26.64 Unrealized —

IVV ISHARES CORE S&P 500 7.5%

Value $9.222M (+28.1%) Shares 12,314 (+11.8%) Est. Cost $459.78 Unrealized —

XLY STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR 2.7%

Value $3.312M (+13.6%) Shares 28,239 (+5.6%) Est. Cost $145.21 Unrealized —

XLI STATE STREET INDUSTRIAL SELECT SECTOR SPDR 2.0%

Value $2.465M (+18.5%) Shares 13,307 (+3.4%) Est. Cost $120.58 Unrealized —

SGOV ISHARES 0-3 MONTH TREASURY BOND 1.9%

Value $2.379M (+15.6%) Shares 23,632 (+15.6%) Est. Cost $100.44 Unrealized —

SPSM SPDR S&P 600 Sm-cap 0.8%

Value $1.002M (+44.0%) Shares 17,372 (+20.7%) Est. Cost $44.01 Unrealized —

XLF STATE STREET FINANCIAL SELECT SECTOR SPDR 1.9%

Value $2.347M (+12.4%) Shares 43,785 (+3.5%) Est. Cost $33.18 Unrealized —

XLE STATE STREET ENERGY SELECT SECTOR SPDR 0.9%

Value $1.14M (-10.7%) Shares 21,469 (+3.0%) Est. Cost $85.22 Unrealized —

XLP STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR 1.1%

Value $1.368M (+9.1%) Shares 16,471 (+7.7%) Est. Cost $72.94 Unrealized —

DFAI DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET 0.4%

Value $462K (+31.1%) Shares 11,189 (+23.8%) Est. Cost $38.77 Unrealized —

XLU STATE STREET UTILITIES SELECT SECTOR SPDR 1.1%

Value $1.382M (+6.0%) Shares 30,487 (+7.3%) Est. Cost $43.49 Unrealized —

XLB STATE STREET MATERIALS SELECT SECTOR SPDR 0.7%

Value $827K (+7.9%) Shares 16,277 (+6.1%) Est. Cost $70.15 Unrealized —

XLC STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR 1.5%

Value $1.86M (+1.3%) Shares 17,359 (+4.9%) Est. Cost $62.35 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PYLD	PIMCO MULTISECTOR BOND ACTIVE EXCHANGE-TRADED FUND	1,437,849 (+12.7%)	$38.13M (+14.0%)	31.2%	$26.64	—	ETF	72201R585
IVV	ISHARES CORE S&P 500	12,314 (+11.8%)	$9.222M (+28.1%)	7.5%	$459.78	—	ETF	464287200
XLY	STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR	28,239 (+5.6%)	$3.312M (+13.6%)	2.7%	$145.21	—	ETF	81369Y407
XLI	STATE STREET INDUSTRIAL SELECT SECTOR SPDR	13,307 (+3.4%)	$2.465M (+18.5%)	2.0%	$120.58	—	ETF	81369Y704
SGOV	ISHARES 0-3 MONTH TREASURY BOND	23,632 (+15.6%)	$2.379M (+15.6%)	1.9%	$100.44	—	ETF	46436E718
SPSM	SPDR S&P 600 Sm-cap	17,372 (+20.7%)	$1.002M (+44.0%)	0.8%	$44.01	—	ETF	78468R853
XLF	STATE STREET FINANCIAL SELECT SECTOR SPDR	43,785 (+3.5%)	$2.347M (+12.4%)	1.9%	$33.18	—	ETF	81369Y605
XLE	STATE STREET ENERGY SELECT SECTOR SPDR	21,469 (+3.0%)	$1.14M (-10.7%)	0.9%	$85.22	—	ETF	81369Y506
XLP	STATE STREET CONSUMER STAPLES SELECT SECTOR SPDR	16,471 (+7.7%)	$1.368M (+9.1%)	1.1%	$72.94	—	ETF	81369Y308
DFAI	DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET	11,189 (+23.8%)	$462K (+31.1%)	0.4%	$38.77	—	ETF	25434V203
XLU	STATE STREET UTILITIES SELECT SECTOR SPDR	30,487 (+7.3%)	$1.382M (+6.0%)	1.1%	$43.49	—	ETF	81369Y886
XLB	STATE STREET MATERIALS SELECT SECTOR SPDR	16,277 (+6.1%)	$827K (+7.9%)	0.7%	$70.15	—	ETF	81369Y100
XLC	STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR	17,359 (+4.9%)	$1.86M (+1.3%)	1.5%	$62.35	—	ETF	81369Y852

Exited Positions (1)

IWD ISHARES RUSSELL 1000 VALUE ETF 5.5%

Value $6.742M Shares 31,554 Est. Cost $213.67 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWD	ISHARES RUSSELL 1000 VALUE ETF	31,554	$6.742M	5.5%	$213.67	—	—	464287598

Decreased Positions (6)

AGG ISHARES CORE U.S. AGGREGATE BOND 1.0%

Value $1.28M (-26.5%) Shares 12,927 (-26.2%) Est. Cost $99.75 Unrealized —

SPTM STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET 18.2%

Value $22.26M (+2.0%) Shares 245,135 (-11.2%) Est. Cost $62.40 Unrealized —

SPYG STATE STREET SPDR PORTFOLIO S&P 500 GROWTH 1.6%

Value $1.936M (+19.5%) Shares 16,268 (-1.7%) Est. Cost $75.35 Unrealized —

QUAL ISHARES MSCI USA QUALITY FACTOR 1.2%

Value $1.411M (+8.6%) Shares 6,430 (-5.0%) Est. Cost $121.01 Unrealized —

SCHF SCHWAB INTERNATIONAL EQUITY 0.6%

Value $747K (+6.2%) Shares 26,981 (-5.1%) Est. Cost $30.12 Unrealized —

VOO VANGUARD S&P 500 0.2%

Value $286K (+11.7%) Shares 417 (-2.8%) Est. Cost $627.35 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AGG	ISHARES CORE U.S. AGGREGATE BOND	12,927 (-26.2%)	$1.28M (-26.5%)	1.0%	$99.75	—	ETF	464287226
SPTM	STATE STREET SPDR PORTFOLIO S&P 1500 COMPOSITE STOCK MARKET	245,135 (-11.2%)	$22.26M (+2.0%)	18.2%	$62.40	—	ETF	78464A805
SPYG	STATE STREET SPDR PORTFOLIO S&P 500 GROWTH	16,268 (-1.7%)	$1.936M (+19.5%)	1.6%	$75.35	—	ETF	78464A409
QUAL	ISHARES MSCI USA QUALITY FACTOR	6,430 (-5.0%)	$1.411M (+8.6%)	1.2%	$121.01	—	ETF	46432F339
SCHF	SCHWAB INTERNATIONAL EQUITY	26,981 (-5.1%)	$747K (+6.2%)	0.6%	$30.12	—	ETF	808524805
VOO	VANGUARD S&P 500	417 (-2.8%)	$286K (+11.7%)	0.2%	$627.35	—	ETF	922908363

Unchanged Positions (3)

SPYV STATE STREET SPDR PORTFOLIO S&P 500 VALUE 1.5%

Value $1.777M Shares 29,230 Est. Cost $50.07 Unrealized —

VLUE ISHARES MSCI USA VALUE FACTOR 0.3%

Value $372K Shares 1,862 Est. Cost $136.73 Unrealized —

MUB ISHARES NATIONAL MUNI BOND 0.3%

Value $317K Shares 2,950 Est. Cost $106.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPYV	STATE STREET SPDR PORTFOLIO S&P 500 VALUE	29,230	$1.777M	1.5%	$50.07	—	ETF	78464A508
VLUE	ISHARES MSCI USA VALUE FACTOR	1,862	$372K	0.3%	$136.73	—	ETF	46432F388
MUB	ISHARES NATIONAL MUNI BOND	2,950	$317K	0.3%	$106.16	—	ETF	464288414