Location: Santa Monica, CA
CIK: 0001538052 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Oct 20, 2025
Total Value: $2.426B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| USHY | ISHARES TR | 7,715,343 | $291M | 12.0% | $37.78 | $36.25 | +4.2% | BROAD USD HIGH | 46435U853 |
| HYG | ISHARES TR | 3,381,491 | $275M | 11.3% | $81.19 | $76.50 | +6.1% | IBOXX HI YD ETF | 464288513 |
| JNK | SPDR SERIES TRUST | 2,090,524 | $205M | 8.4% | $97.99 | $92.19 | +6.3% | BLOOMBERG HIGH Y | 78468R622 |
| SPYM | SPDR SERIES TRUST | 2,058,656 | $161M | 6.6% | $78.34 | $75.43 | +3.9% | PORTFOLIO S&P500 | 78464A854 |
| BND | VANGUARD BD INDEX FDS | 1,888,600 | $140M | 5.8% | $74.37 | $73.63 | +1.0% | TOTAL BND MRKT | 921937835 |
| BKLN | INVESCO EXCH TRADED FD TR II | 6,087,886 | $127M | 5.3% | $20.93 | $21.05 | -0.6% | SR LN ETF | 46138G508 |
| SPHY | SPDR SERIES TRUST | 3,748,100 | $89.73M | 3.7% | $23.94 | $23.40 | +2.3% | PORTFLI HIGH YLD | 78468R606 |
| EMLC | VANECK ETF TRUST | 2,246,547 | $57.31M | 2.4% | $25.51 | $24.17 | +5.6% | JP MRGAN EM LOC | 92189H300 |
| SHYG | ISHARES TR | 1,238,300 | $53.62M | 2.2% | $43.30 | $41.32 | +4.8% | 0-5YR HI YL CP | 46434V407 |
| PYLD | PIMCO ETF TR | 1,938,800 | $52.04M | 2.1% | $26.84 | $26.42 | +1.6% | MULTISECTOR BD | 72201R585 |
| CWB | SPDR SERIES TRUST | 573,787 | $51.93M | 2.1% | $90.50 | $86.01 | +5.2% | BBG CONV SEC ETF | 78464A359 |
| SJNK | SPDR SERIES TRUST | 1,913,900 | $49M | 2.0% | $25.60 | $24.64 | +3.9% | BLOOMBERG SHT TE | 78468R408 |
| JMTG | J P MORGAN EXCHANGE TRADED F | 900,978 | $45.95M | 1.9% | $51.00 | $50.38 | +1.2% | MORTGAGE BACKED | 46654Q575 |
| HYLB | DBX ETF TR | 1,155,500 | $42.88M | 1.8% | $37.11 | $34.51 | +7.5% | XTRACK USD HIGH | 233051432 |
| MBB | ISHARES TR | 416,463 | $39.63M | 1.6% | $95.15 | $93.90 | +1.3% | MBS ETF | 464288588 |
| VUG | VANGUARD INDEX FDS | 73,948 | $35.47M | 1.5% | $479.61 * | $76.41 | +4.6% | GROWTH ETF | 922908736 |
| FALN | ISHARES TR | 1,133,100 | $31.48M | 1.3% | $27.78 | $25.81 | +7.6% | FALN ANGLS USD | 46435G474 |
| ANGL | VANECK ETF TRUST | 1,049,200 | $31.19M | 1.3% | $29.73 | $27.77 | +7.1% | FALLEN ANGEL HG | 92189F437 |
| VOT | VANGUARD INDEX FDS | 97,667 | $28.69M | 1.2% | $293.79 | $288.50 | +1.8% | MCAP GR IDXVIP | 922908538 |
| IMTM | ISHARES TR | 585,047 | $28.01M | 1.2% | $47.88 | $46.27 | +3.5% | MSCI INTL MOMENT | 46434V449 |
| VCLT | VANGUARD SCOTTSDALE FDS | 342,600 | $26.6M | 1.1% | $77.65 | $75.48 | +2.9% | LG-TERM COR BD | 92206C813 |
| FLRN | SPDR SERIES TRUST | 835,100 | $25.77M | 1.1% | $30.86 | $30.79 | +0.2% | BLOOMBERG INVT | 78468R200 |
| PFF | ISHARES TR | 791,593 | $25.03M | 1.0% | $31.62 | $31.44 | +0.6% | PFD AND INCM SEC | 464288687 |
| AVDV | AMERICAN CENTY ETF TR | 277,008 | $24.66M | 1.0% | $89.03 | $84.06 | +5.9% | INTL SMCP VLU | 025072802 |
| EMB | ISHARES TR | 248,300 | $23.64M | 1.0% | $95.19 | $93.48 | +1.8% | JPMORGAN USD EMG | 464288281 |
| DFIV | DIMENSIONAL ETF TRUST | 495,900 | $22.87M | 0.9% | $46.12 | $44.74 | +3.1% | INTERNATNAL VAL | 25434V807 |
| ICVT | ISHARES TR | 219,900 | $22M | 0.9% | $100.05 | $94.01 | +6.4% | CONV BD ETF | 46435G102 |
| HYDB | ISHARES TR | 427,800 | $20.47M | 0.8% | $47.84 | $47.32 | +1.1% | HIGH YLD SYSTM B | 46435G250 |
| FLOT | ISHARES TR | 374,000 | $19.11M | 0.8% | $51.09 | $50.97 | +0.2% | FLTG RATE NT ETF | 46429B655 |
| BOND | PIMCO ETF TR | 204,100 | $19.05M | 0.8% | $93.35 | $92.27 | +1.2% | ACTIVE BD ETF | 72201R775 |
| JBND | J P MORGAN EXCHANGE TRADED F | 351,700 | $19.05M | 0.8% | $54.16 | $53.62 | +1.0% | ACTIVE BOND ETF | 46654Q716 |
| ITA | ISHARES TR | 90,844 | $19.01M | 0.8% | $209.26 | $154.79 | +35.2% | US AER DEF ETF | 464288760 |
| VWO | VANGUARD INTL EQUITY INDEX F | 320,478 | $17.36M | 0.7% | $54.18 | $51.21 | +5.8% | FTSE EMR MKT ETF | 922042858 |
| VBK | VANGUARD INDEX FDS | 53,355 | $15.88M | 0.7% | $297.62 | $288.68 | +3.1% | SML CP GRW ETF | 922908595 |
| AVUV | AMERICAN CENTY ETF TR | 157,035 | $15.63M | 0.6% | $99.53 | $96.73 | +2.9% | US SML CP VALU | 025072877 |
| CLOI | VANECK ETF TRUST | 265,100 | $14.08M | 0.6% | $53.10 | $52.95 | +0.3% | CLO ETF | 92189H748 |
| DISV | DIMENSIONAL ETF TRUST | 356,474 | $12.72M | 0.5% | $35.69 | $33.85 | +5.4% | INTL SMALL CAP V | 25434V781 |
| BBHY | J P MORGAN EXCHANGE TRADED F | 265,700 | $12.49M | 0.5% | $47.00 | $46.18 | +1.8% | BETABUILDERS USD | 46641Q878 |
| EWC | ISHARES INC | 246,674 | $12.47M | 0.5% | $50.55 | $47.92 | +5.5% | MSCI CDA ETF | 464286509 |
| PFFD | GLOBAL X FDS | 560,100 | $10.88M | 0.4% | $19.43 | $19.32 | +0.6% | US PFD ETF | 37954Y657 |
| CLOZ | SERIES PORTFOLIOS TR | 403,327 | $10.82M | 0.4% | $26.82 | $26.81 | +0.1% | ELDRIDGE BBB B | 81752T528 |
| LONZ | PIMCO ETF TR | 208,900 | $10.67M | 0.4% | $51.07 | $50.74 | +0.7% | SR LN ACTIVE ETF | 72201R627 |
| FTSL | FIRST TR EXCHANGE-TRADED FD | 231,800 | $10.63M | 0.4% | $45.84 | $46.22 | -0.8% | SENIOR LN FD | 33738D309 |
| FLTR | VANECK ETF TRUST | 412,000 | $10.53M | 0.4% | $25.57 | $25.46 | +0.4% | IG FLOATING RATE | 92189F486 |
| HYGV | FLEXSHARES TR | 248,800 | $10.25M | 0.4% | $41.20 | $40.47 | +1.8% | HIG YLD VL ETF | 33939L662 |
| HYLS | FIRST TR EXCHANGE-TRADED FD | 241,600 | $10.16M | 0.4% | $42.05 | $41.87 | +0.4% | FIRST TR TA HIYL | 33738D408 |
| FLBL | FRANKLIN TEMPLETON ETF TR | 408,400 | $9.81M | 0.4% | $24.02 | $24.24 | -0.9% | SENIOR LOAN ETF | 35473P595 |
| EBND | SPDR SERIES TRUST | 358,900 | $7.666M | 0.3% | $21.36 | $21.27 | +0.4% | BLOOMBERG EMERGI | 78464A391 |
| FPE | FIRST TR EXCH TRADED FD III | 412,900 | $7.531M | 0.3% | $18.24 | $16.52 | +10.4% | PFD SECS INC ETF | 33739E108 |
| PFFA | ETFIS SER TR I | 325,900 | $7.075M | 0.3% | $21.71 | $21.66 | +0.2% | VIRTUS INFRCAP | 26923G822 |
| EWI | ISHARES INC | 135,257 | $7.027M | 0.3% | $51.95 | $50.11 | +3.7% | MSCI ITALY ETF | 46434G830 |
| FPEI | FIRST TR EXCH TRADED FD III | 355,500 | $6.875M | 0.3% | $19.34 | $19.15 | +1.0% | INSTL PFD SECS | 33739P855 |
| BKHY | BNY MELLON ETF TRUST | 131,600 | $6.409M | 0.3% | $48.70 | $47.81 | +1.9% | HIGH YIELD ETF | 09661T800 |
| VCIT | VANGUARD SCOTTSDALE FDS | 72,800 | $6.123M | 0.3% | $84.11 | $83.18 | +1.1% | INT-TERM CORP | 92206C870 |
| EZU | ISHARES INC | 92,200 | $5.711M | 0.2% | $61.94 | $51.96 | +19.2% | MSCI EURZONE ETF | 464286608 |
| FMHI | FIRST TR EXCH TRADED FD III | 116,300 | $5.525M | 0.2% | $47.51 | $48.37 | -1.8% | MUNI HI INCM ETF | 33739P301 |
| HYMB | SPDR SERIES TRUST | 215,200 | $5.365M | 0.2% | $24.93 | $25.33 | -1.6% | NUVEEN ICE HIGH | 78464A284 |
| LEMB | ISHARES INC | 119,900 | $4.941M | 0.2% | $41.21 | $40.66 | +1.4% | JP MORGAN EM ETF | 464286517 |
| HYEM | VANECK ETF TRUST | 235,400 | $4.72M | 0.2% | $20.05 | $19.70 | +1.8% | EMERGING MRKT HI | 92189F353 |
| PREF | PRINCIPAL EXCHANGE TRADED FD | 246,100 | $4.71M | 0.2% | $19.14 | $18.98 | +0.8% | SPECTRUM PFD | 74255Y888 |
| PHYL | PGIM ETF TR | 128,300 | $4.587M | 0.2% | $35.75 | $34.31 | +4.2% | ACTV HY BD ETF | 69344A206 |
| SRLN | SSGA ACTIVE ETF TR | 105,717 | $4.396M | 0.2% | $41.58 | $41.82 | -0.6% | BLACKSTONE SENR | 78467V608 |
| EMHY | ISHARES INC | 102,900 | $4.084M | 0.2% | $39.69 | $39.24 | +1.2% | JP MRGN EM HI BD | 464286285 |
| IVV | ISHARES TR | 5,651 | $3.782M | 0.2% | $669.30 | $644.05 | +3.9% | CORE S&P500 ETF | 464287200 |
| QQQM | INVESCO EXCH TRADED FD TR II | 12,664 | $3.13M | 0.1% | $247.12 | $235.73 | +4.8% | NASDAQ 100 ETF | 46138G649 |
| CMBS | ISHARES TR | 63,286 | $3.105M | 0.1% | $49.07 | $47.64 | +3.0% | CMBS ETF | 46429B366 |
| PFXF | VANECK ETF TRUST | 139,300 | $2.475M | 0.1% | $17.77 | $17.67 | +0.6% | PREFERRED SECURT | 92189F429 |
| FLHY | FRANKLIN TEMPLETON ETF TR | 96,400 | $2.365M | 0.1% | $24.53 | $24.05 | +2.0% | HIGH YIELD CORP | 35473P629 |
| HYBL | SSGA ACTIVE TR | 81,800 | $2.344M | 0.1% | $28.65 | $28.52 | +0.5% | SPDR BLACKSTONE | 78470P846 |
| FLMI | FRANKLIN TEMPLETON ETF TR | 86,300 | $2.138M | 0.1% | $24.77 | $24.63 | +0.5% | FRANKLIN DYN MUN | 35473P868 |
| SMMU | PIMCO ETF TR | 41,300 | $2.089M | 0.1% | $50.57 | $50.39 | +0.4% | SHTRM MUN BD ACT | 72201R874 |
| CEMB | ISHARES INC | 39,300 | $1.816M | 0.1% | $46.22 | $45.72 | +1.1% | JP MRG EM CRP BD | 464286251 |
| SHYD | VANECK ETF TRUST | 66,000 | $1.511M | 0.1% | $22.90 | $22.67 | +1.0% | SHRT HGH YLD MUN | 92189F387 |
| BNDX | VANGUARD CHARLOTTE FDS | 30,156 | $1.492M | 0.1% | $49.46 | $49.60 | -0.3% | TOTAL INT BD ETF | 92203J407 |
| LQD | ISHARES TR | 12,954 | $1.444M | 0.1% | $111.47 | $108.02 | +3.2% | IBOXX INV CP ETF | 464287242 |
| TLT | ISHARES TR | 16,070 | $1.436M | 0.1% | $89.37 | $89.02 | +0.4% | 20 YR TR BD ETF | 464287432 |
| RSP | INVESCO EXCHANGE TRADED FD T | 7,461 | $1.415M | 0.1% | $189.70 | $179.91 | +5.4% | S&P500 EQL WGT | 46137V357 |
| HYD | VANECK ETF TRUST | 27,426 | $1.396M | 0.1% | $50.90 | $51.19 | -0.6% | HIGH YLD MUNIETF | 92189H409 |
| IJH | ISHARES TR | 21,290 | $1.389M | 0.1% | $65.26 | $64.27 | +1.5% | CORE S&P MCP ETF | 464287507 |
| PFRL | PGIM ETF TR | 23,300 | $1.168M | 0.0% | $50.13 | $50.34 | -0.4% | FLOATING RT INC | 69344A883 |
| VXUS | VANGUARD STAR FDS | 15,156 | $1.113M | 0.0% | $73.46 | $70.98 | +3.5% | VG TL INTL STK F | 921909768 |
| JMHI | J P MORGAN EXCHANGE TRADED F | 22,000 | $1.111M | 0.0% | $50.49 | $50.31 | +0.4% | HIGH YIELD MUNI | 46654Q799 |
| VWOB | VANGUARD WHITEHALL FDS | 16,154 | $1.081M | 0.0% | $66.90 | $65.95 | +1.4% | EM MK GOV BD ETF | 921946885 |
| SPMO | INVESCO EXCH TRADED FD TR II | 6,596 | $799K | 0.0% | $121.06 | $116.49 | +3.9% | S&P 500 MOMNTM | 46138E339 |
| JMST | J P MORGAN EXCHANGE TRADED F | 14,500 | $740K | 0.0% | $51.04 | $50.97 | +0.1% | ULTRA SHT MUNCPL | 46641Q654 |
| IJR | ISHARES TR | 6,186 | $735K | 0.0% | $118.83 | $115.01 | +3.3% | CORE S&P SCP ETF | 464287804 |
| DVY | ISHARES TR | 5,069 | $720K | 0.0% | $142.10 | $135.60 | +4.8% | SELECT DIVID ETF | 464287168 |
| SPEM | SPDR INDEX SHS FDS | 15,258 | $714K | 0.0% | $46.81 | $44.46 | +5.3% | PORTFOLIO EMG MK | 78463X509 |
| VOE | VANGUARD INDEX FDS | 4,074 | $711K | 0.0% | $174.58 | $167.13 | +4.5% | MCAP VL IDXVIP | 922908512 |
| VTEB | VANGUARD MUN BD FDS | 14,189 | $710K | 0.0% | $50.07 | $49.15 | +1.9% | TAX EXEMPT BD | 922907746 |
| COWZ | PACER FDS TR | 12,150 | $698K | 0.0% | $57.47 | $58.06 | -1.0% | US CASH COWS 100 | 69374H881 |
| CQQQ | INVESCO EXCH TRADED FD TR II | 7,012 | $414K | 0.0% | $59.01 | $49.98 | +18.1% | CHINA TECHNLGY | 46138E800 |
| VBR | VANGUARD INDEX FDS | 1,716 | $358K | 0.0% | $208.71 | $204.47 | +2.1% | SM CP VAL ETF | 922908611 |
| IDV | ISHARES TR | 7,180 | $262K | 0.0% | $36.55 | $35.99 | +1.6% | INTL SEL DIV ETF | 464288448 |