Balanced Rock Investment Advisors LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EVTR	MORGAN STANLEY ETF TRUST	146,972 (+7.7%)	$7,569 (+7.8%)	5.4%	$50.97	—	EATON VANCE TOTA	61774R841
VCRM	VANGUARD MUN BD FDS	46,058 (+17.2%)	$3,481 (+17.7%)	2.5%	$74.12	—	CORE TAX EXEMPT	922907712
DFSI	DIMENSIONAL ETF TRUST	215,035 (+1.3%)	$9,213 (+6.0%)	6.5%	$33.39	—	INTERNATIONAL	25434V690
ESGU	ISHARES TR	35,482 (+5.7%)	$5,286 (+8.2%)	3.8%	$117.20	—	ESG AWR MSCI USA	46435G425
ESGD	ISHARES TR	44,967 (+5.2%)	$4,276 (+7.5%)	3.0%	$77.74	—	ESG AW MSCI EAFE	46435G516
SPHQ	INVESCO EXCHANGE TRADED FD T	66,269 (+3.2%)	$4,973 (+5.7%)	3.5%	$71.45	—	S&P500 QUALITY	46137V241
DFGR	DIMENSIONAL ETF TRUST	171,195 (+9.0%)	$4,523 (+5.5%)	3.2%	$26.14	—	GLOBAL REAL EST	25434V658
XJH	ISHARES TR	34,742 (+11.1%)	$1,551 (+13.1%)	1.1%	$39.86	—	ESG SELECT SCRE	46436E551
HYXF	ISHARES TR	70,831 (+6.1%)	$3,347 (+5.6%)	2.4%	$45.83	—	ESG ADVNCD HY BD	46435G441
ESML	ISHARES TR	20,997 (+17.3%)	$965 (+19.6%)	0.7%	$39.84	—	ESG AWARE MSCI	46435U663
DFSU	DIMENSIONAL ETF TRUST	29,447 (+9.2%)	$1,279 (+11.6%)	0.9%	$38.83	—	US SUSTAINABILTY	25434V716
BNDX	VANGUARD CHARLOTTE FDS	50,983 (+7.5%)	$2,463 (+5.0%)	1.8%	$49.25	—	TOTAL INT BD ETF	92203J407
VO	VANGUARD INDEX FDS	5,757 (+8.7%)	$1,671 (+7.4%)	1.2%	$281.38	—	MID CAP ETF	922908629
DFSE	DIMENSIONAL ETF TRUST	89,609 (+2.2%)	$3,717 (+3.2%)	2.6%	$33.47	—	EMERGING MARKETS	25434V682
JCPI	J P MORGAN EXCHANGE TRADED F	51,658 (+6.1%)	$2,489 (+4.8%)	1.8%	$48.30	—	INFLATION MANAGE	46654Q104
LLY	ELI LILLY & CO	306 (+5.5%)	$329 (+48.6%)	0.2%	$602.64	+58.6%	COM	532457108
ESGE	ISHARES INC	26,571 (+7.4%)	$1,174 (+9.3%)	0.8%	$33.01	—	ESG AWR MSCI EM	46434G863
DFIP	DIMENSIONAL ETF TRUST	59,543 (+5.8%)	$2,474 (+4.1%)	1.8%	$41.83	—	INFLATION PROTE	25434V856
VGSR	MANAGER DIRECTED PORTFOLIOS	254,973 (+6.0%)	$2,652 (+3.5%)	1.9%	$10.00	—	VERT GLB SUST RE	56170L695
LTPZ	PIMCO ETF TR	59,324 (+5.7%)	$3,070 (+2.7%)	2.2%	$54.16	—	15+ YR US TIPS	72201R304
JNJ	JOHNSON & JOHNSON	1,560 (+18.9%)	$323 (+32.7%)	0.2%	$152.17	+29.5%	COM	478160104
XJR	ISHARES TR	8,912 (+25.5%)	$379 (+25.5%)	0.3%	$39.47	—	ESG SELECT SCREE	46436E544
FSMD	FIDELITY COVINGTON TRUST	9,766 (+21.1%)	$431 (+21.5%)	0.3%	$42.04	—	SML MID MLTFCT	316092527
VWOB	VANGUARD WHITEHALL FDS	33,793 (+2.6%)	$2,279 (+3.4%)	1.6%	$64.14	—	EM MK GOV BD ETF	921946885
JSMD	JANUS DETROIT STR TR	7,534 (+16.0%)	$614 (+13.1%)	0.4%	$78.37	—	HENDERSN SML ETF	47103U209
EUSB	ISHARES TR	71,394 (+1.8%)	$3,135 (+1.8%)	2.2%	$43.32	—	ESG ADVANCED UNI	46436E619
AAPL	APPLE INC	2,399 (+1.3%)	$652 (+8.2%)	0.5%	$188.37	+42.5%	COM	037833100
BUD	ANHEUSER BUSCH INBEV SA/NV	9,185 (+1.4%)	$588 (+9.0%)	0.4%	$63.74	—	SPONSORED ADR	03524A108
JPIB	J P MORGAN EXCHANGE TRADED F	27,474 (+4.3%)	$1,338 (+3.6%)	1.0%	$48.66	—	INTL BD OPP ETF	46641Q852
NVDA	NVIDIA CORPORATION	1,707 (+16.4%)	$318 (+16.3%)	0.2%	$134.30	+38.6%	COM	67066G104
VGLT	VANGUARD SCOTTSDALE FDS	33,292 (+4.0%)	$1,858 (+2.0%)	1.3%	$59.69	—	LONG TERM TREAS	92206C847
PFXF	VANECK ETF TRUST	28,927 (+6.1%)	$511 (+5.4%)	0.4%	$17.59	—	PREFERRED SECURT	92189F429
VTIP	VANGUARD MALVERN FDS	45,470 (+3.5%)	$2,249 (+1.1%)	1.6%	$47.81	—	STRM INFPROIDX	922020805
FPEI	FIRST TR EXCH TRADED FD III	27,065 (+4.4%)	$525 (+4.6%)	0.4%	$18.72	—	INSTL PFD SECS	33739P855
BRK/B	BERKSHIRE HATHAWAY INC DEL	798 (+5.8%)	$401 (+5.8%)	0.3%	$370.60	+34.3%	CL B NEW	084670702
VNQ	VANGUARD INDEX FDS	4,168 (+8.1%)	$369 (+4.7%)	0.3%	$88.41	—	REAL ESTATE ETF	922908553
SCHO	SCHWAB STRATEGIC TR	69,613 (+1.0%)	$1,696 (+0.9%)	1.2%	$34.22	—	SHT TM US TRES	808524862
PAGS	PAGSEGURO DIGITAL LTD	60,274 (+1.4%)	$581 (-2.3%)	0.4%	$8.98	+6.7%	COM CL A	G68707101
HYDB	ISHARES TR	7,095 (+3.1%)	$336 (+2.0%)	0.2%	$46.96	—	HIGH YLD SYSTM B	46435G250
FALN	ISHARES TR	12,332 (+3.0%)	$337 (+1.2%)	0.2%	$26.95	—	FALN ANGLS USD	46435G474
FLTR	VANECK ETF TRUST	19,008 (+1.1%)	$484 (+0.8%)	0.3%	$25.21	—	IG FLOATING RATE	92189F486
CGW	INVESCO EXCH TRADED FD TR II	11,162 (+1.5%)	$703 (-0.4%)	0.5%	$53.70	—	S&P GBL WATER	46138E263
VNQI	VANGUARD INTL EQUITY INDEX F	7,478 (+4.9%)	$343 (+0.7%)	0.2%	$42.74	—	GLB EX US ETF	922042676

Exited Positions (5)

— SCPHARMACEUTICALS INC 0.3%

Value ($000) $471 Shares 83,133 Est. Cost $5.31 Unrealized —

VTEB VANGUARD MUN BD FDS 0.3%

Value ($000) $415 Shares 8,296 Est. Cost $50.95 Unrealized —

— HEIDRICK & STRUGGLES INTL IN 0.2%

Value ($000) $311 Shares 6,252 Est. Cost $29.53 Unrealized —

— HANESBRANDS INC 0.2%

Value ($000) $257 Shares 39,066 Est. Cost $4.54 Unrealized —

T AT&T INC 0.2%

Value ($000) $227 Shares 8,038 Est. Cost $24.40 Unrealized +3.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SCPHARMACEUTICALS INC	83,133	$471	0.3%	$5.31	—	—	810648105
VTEB	VANGUARD MUN BD FDS	8,296	$415	0.3%	$50.95	—	—	922907746
—	HEIDRICK & STRUGGLES INTL IN	6,252	$311	0.2%	$29.53	—	—	422819102
—	HANESBRANDS INC	39,066	$257	0.2%	$4.54	—	—	410345102
T	AT&T INC	8,038	$227	0.2%	$24.40	+3.6%	—	00206R102

Decreased Positions (31)

USXF ISHARES TR 4.2%

Value ($000) $5,907 (-4.4%) Shares 102,592 (-4.8%) Est. Cost $43.88 Unrealized —

TD TORONTO DOMINION BK ONT 1.0%

Value ($000) $1,367 (+13.9%) Shares 14,516 (-3.3%) Est. Cost $59.90 Unrealized +41.0%

GOOGL ALPHABET INC 0.5%

Value ($000) $687 (+26.0%) Shares 2,195 (-2.1%) Est. Cost $133.35 Unrealized +114.2%

GM GENERAL MTRS CO 0.5%

Value ($000) $762 (+18.9%) Shares 9,376 (-10.9%) Est. Cost $31.52 Unrealized +123.3%

EAGG ISHARES TR 1.8%

Value ($000) $2,602 (-3.4%) Shares 54,376 (-3.1%) Est. Cost $47.57 Unrealized —

CRTO CRITEO S A 0.3%

Value ($000) $420 (-17.4%) Shares 20,394 (-9.4%) Est. Cost $24.60 Unrealized —

MELI MERCADOLIBRE INC 0.3%

Value ($000) $387 (-16.8%) Shares 192 (-3.5%) Est. Cost $1417.24 Unrealized +48.2%

MSFT MICROSOFT CORP 0.4%

Value ($000) $511 (-11.6%) Shares 1,056 (-5.4%) Est. Cost $354.14 Unrealized +41.4%

VUG VANGUARD INDEX FDS 0.4%

Value ($000) $572 (-10.1%) Shares 1,172 (-11.6%) Est. Cost $353.61 Unrealized —

CMCSA COMCAST CORP NEW 0.3%

Value ($000) $369 (-13.5%) Shares 12,340 (-9.1%) Est. Cost $38.78 Unrealized -26.4%

C CITIGROUP INC 0.5%

Value ($000) $702 (+7.6%) Shares 6,015 (-6.4%) Est. Cost $41.35 Unrealized +150.7%

GILD GILEAD SCIENCES INC 0.4%

Value ($000) $616 (+8.6%) Shares 5,019 (-1.8%) Est. Cost $72.19 Unrealized +67.4%

MGK VANGUARD WORLD FD 1.2%

Value ($000) $1,621 (-2.7%) Shares 3,927 (-5.1%) Est. Cost $288.83 Unrealized —

BLK BLACKROCK INC 0.2%

Value ($000) $234 (-15.2%) Shares 219 (-7.6%) Est. Cost $991.05 Unrealized +9.9%

BND VANGUARD BD INDEX FDS 0.9%

Value ($000) $1,260 (-3.1%) Shares 17,005 (-2.7%) Est. Cost $73.54 Unrealized —

SUB ISHARES TR 0.3%

Value ($000) $355 (-9.6%) Shares 3,331 (-9.6%) Est. Cost $105.49 Unrealized —

MDT MEDTRONIC PLC 0.3%

Value ($000) $373 (-5.7%) Shares 3,878 (-6.5%) Est. Cost $71.45 Unrealized +35.9%

QQQ INVESCO QQQ TR 0.2%

Value ($000) $212 (-9.2%) Shares 346 (-11.1%) Est. Cost $468.92 Unrealized —

BEPC BROOKFIELD RENEWABLE CORP 0.3%

Value ($000) $476 (+4.6%) Shares 12,421 (-6.1%) Est. Cost $29.14 Unrealized +37.2%

LIND LINDBLAD EXPEDITIONS HLDGS I 0.1%

Value ($000) $184 (+11.1%) Shares 12,750 (-1.4%) Est. Cost $7.75 Unrealized +62.8%

RAFE PIMCO EQUITY SER 4.4%

Value ($000) $6,203 (+0.2%) Shares 147,728 (-2.8%) Est. Cost $34.18 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.4%

Value ($000) $507 (-2.7%) Shares 9,438 (-2.0%) Est. Cost $41.75 Unrealized —

NULV NUSHARES ETF TR 1.8%

Value ($000) $2,599 (+0.5%) Shares 57,685 (-2.2%) Est. Cost $37.37 Unrealized —

ESGV VANGUARD WORLD FD 1.0%

Value ($000) $1,349 (+0.9%) Shares 11,149 (-1.2%) Est. Cost $85.94 Unrealized —

ICLN ISHARES TR 0.5%

Value ($000) $765 (+1.5%) Shares 46,589 (-4.4%) Est. Cost $14.67 Unrealized —

SUSA ISHARES TR 0.2%

Value ($000) $321 (-2.2%) Shares 2,307 (-4.8%) Est. Cost $101.40 Unrealized —

IDEV ISHARES TR 0.4%

Value ($000) $577 (+1.1%) Shares 7,001 (-1.7%) Est. Cost $63.66 Unrealized —

WDS WOODSIDE ENERGY GROUP LTD 0.2%

Value ($000) $214 (-2.7%) Shares 13,730 (-6.1%) Est. Cost $15.52 Unrealized —

SPY SPDR S&P 500 ETF TR 0.3%

Value ($000) $461 (+1.1%) Shares 676 (-1.3%) Est. Cost $580.30 Unrealized —

NUSC NUSHARES ETF TR 0.3%

Value ($000) $400 (-0.6%) Shares 8,949 (-1.8%) Est. Cost $39.10 Unrealized —

IEMG ISHARES INC 0.2%

Value ($000) $271 (-0.3%) Shares 4,036 (-2.2%) Est. Cost $50.58 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
USXF	ISHARES TR	102,592 (-4.8%)	$5,907 (-4.4%)	4.2%	$43.88	—	ESG MSCI USA ETF	46436E767
TD	TORONTO DOMINION BK ONT	14,516 (-3.3%)	$1,367 (+13.9%)	1.0%	$59.90	+41.0%	COM NEW	891160509
GOOGL	ALPHABET INC	2,195 (-2.1%)	$687 (+26.0%)	0.5%	$133.35	+114.2%	CAP STK CL A	02079K305
GM	GENERAL MTRS CO	9,376 (-10.9%)	$762 (+18.9%)	0.5%	$31.52	+123.3%	COM	37045V100
EAGG	ISHARES TR	54,376 (-3.1%)	$2,602 (-3.4%)	1.8%	$47.57	—	ESG AWR US AGRGT	46435U549
CRTO	CRITEO S A	20,394 (-9.4%)	$420 (-17.4%)	0.3%	$24.60	—	SPONS ADS	226718104
MELI	MERCADOLIBRE INC	192 (-3.5%)	$387 (-16.8%)	0.3%	$1417.24	+48.2%	COM	58733R102
MSFT	MICROSOFT CORP	1,056 (-5.4%)	$511 (-11.6%)	0.4%	$354.14	+41.4%	COM	594918104
VUG	VANGUARD INDEX FDS	1,172 (-11.6%)	$572 (-10.1%)	0.4%	$353.61	—	GROWTH ETF	922908736
CMCSA	COMCAST CORP NEW	12,340 (-9.1%)	$369 (-13.5%)	0.3%	$38.78	-26.4%	CL A	20030N101
C	CITIGROUP INC	6,015 (-6.4%)	$702 (+7.6%)	0.5%	$41.35	+150.7%	COM NEW	172967424
GILD	GILEAD SCIENCES INC	5,019 (-1.8%)	$616 (+8.6%)	0.4%	$72.19	+67.4%	COM	375558103
MGK	VANGUARD WORLD FD	3,927 (-5.1%)	$1,621 (-2.7%)	1.2%	$288.83	—	MEGA GRWTH IND	921910816
BLK	BLACKROCK INC	219 (-7.6%)	$234 (-15.2%)	0.2%	$991.05	+9.9%	COM	09290D101
BND	VANGUARD BD INDEX FDS	17,005 (-2.7%)	$1,260 (-3.1%)	0.9%	$73.54	—	TOTAL BND MRKT	921937835
SUB	ISHARES TR	3,331 (-9.6%)	$355 (-9.6%)	0.3%	$105.49	—	SHRT NAT MUN ETF	464288158
MDT	MEDTRONIC PLC	3,878 (-6.5%)	$373 (-5.7%)	0.3%	$71.45	+35.9%	SHS	G5960L103
QQQ	INVESCO QQQ TR	346 (-11.1%)	$212 (-9.2%)	0.2%	$468.92	—	UNIT SER 1	46090E103
BEPC	BROOKFIELD RENEWABLE CORP	12,421 (-6.1%)	$476 (+4.6%)	0.3%	$29.14	+37.2%	CL A EX SUB VTG	11285B108
LIND	LINDBLAD EXPEDITIONS HLDGS I	12,750 (-1.4%)	$184 (+11.1%)	0.1%	$7.75	+62.8%	COM	535219109
RAFE	PIMCO EQUITY SER	147,728 (-2.8%)	$6,203 (+0.2%)	4.4%	$34.18	—	RAFI ESG US	72201T342
VWO	VANGUARD INTL EQUITY INDEX F	9,438 (-2.0%)	$507 (-2.7%)	0.4%	$41.75	—	FTSE EMR MKT ETF	922042858
NULV	NUSHARES ETF TR	57,685 (-2.2%)	$2,599 (+0.5%)	1.8%	$37.37	—	NUVEEN ESG LRGVL	67092P300
ESGV	VANGUARD WORLD FD	11,149 (-1.2%)	$1,349 (+0.9%)	1.0%	$85.94	—	ESG US STK ETF	921910733
ICLN	ISHARES TR	46,589 (-4.4%)	$765 (+1.5%)	0.5%	$14.67	—	GL CLEAN ENE ETF	464288224
SUSA	ISHARES TR	2,307 (-4.8%)	$321 (-2.2%)	0.2%	$101.40	—	ESG OPTIMIZED	464288802
IDEV	ISHARES TR	7,001 (-1.7%)	$577 (+1.1%)	0.4%	$63.66	—	CORE MSCI INTL	46435G326
WDS	WOODSIDE ENERGY GROUP LTD	13,730 (-6.1%)	$214 (-2.7%)	0.2%	$15.52	—	SPONSORED ADR	980228308
SPY	SPDR S&P 500 ETF TR	676 (-1.3%)	$461 (+1.1%)	0.3%	$580.30	—	TR UNIT	78462F103
NUSC	NUSHARES ETF TR	8,949 (-1.8%)	$400 (-0.6%)	0.3%	$39.10	—	NUVEEN ESG SMLCP	67092P607
IEMG	ISHARES INC	4,036 (-2.2%)	$271 (-0.3%)	0.2%	$50.58	—	CORE MSCI EMKT	46434G103

Unchanged Positions (17)

VEA VANGUARD TAX-MANAGED FDS 1.3%

Value ($000) $1,870 Shares 29,936 Est. Cost $48.97 Unrealized —

VSGX VANGUARD WORLD FD 2.4%

Value ($000) $3,309 Shares 46,202 Est. Cost $55.28 Unrealized —

VEEV VEEVA SYS INC 0.2%

Value ($000) $231 Shares 1,037 Est. Cost $188.77 Unrealized +40.6%

EMXF ISHARES TR 1.5%

Value ($000) $2,089 Shares 44,886 Est. Cost $35.59 Unrealized —

GOOG ALPHABET INC 0.2%

Value ($000) $256 Shares 814 Est. Cost $209.93 Unrealized +36.4%

VV VANGUARD INDEX FDS 1.7%

Value ($000) $2,444 Shares 7,764 Est. Cost $243.67 Unrealized —

DFAI DIMENSIONAL ETF TRUST 0.7%

Value ($000) $1,034 Shares 27,129 Est. Cost $30.91 Unrealized —

CRM SALESFORCE INC 0.3%

Value ($000) $399 Shares 1,505 Est. Cost $223.60 Unrealized +11.0%

GPN GLOBAL PMTS INC 0.2%

Value ($000) $338 Shares 4,373 Est. Cost $102.17 Unrealized -21.4%

VTV VANGUARD INDEX FDS 0.5%

Value ($000) $724 Shares 3,792 Est. Cost $157.66 Unrealized —

DFAE DIMENSIONAL ETF TRUST 0.4%

Value ($000) $605 Shares 18,587 Est. Cost $26.14 Unrealized —

SCHX SCHWAB STRATEGIC TR 0.3%

Value ($000) $488 Shares 18,129 Est. Cost $34.82 Unrealized —

VB VANGUARD INDEX FDS 0.4%

Value ($000) $555 Shares 2,150 Est. Cost $217.24 Unrealized —

DMXF ISHARES TR 3.3%

Value ($000) $4,662 Shares 62,024 Est. Cost $64.35 Unrealized —

IEFA ISHARES TR 0.2%

Value ($000) $314 Shares 3,513 Est. Cost $70.64 Unrealized —

— SYNOVUS FINL CORP 0.2%

Value ($000) $218 Shares 4,357 Est. Cost $51.23 Unrealized —

AGG ISHARES TR 0.4%

Value ($000) $531 Shares 5,314 Est. Cost $99.16 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VEA	VANGUARD TAX-MANAGED FDS	29,936	$1,870	1.3%	$48.97	—	VAN FTSE DEV MKT	921943858
VSGX	VANGUARD WORLD FD	46,202	$3,309	2.4%	$55.28	—	ESG INTL STK ETF	921910725
VEEV	VEEVA SYS INC	1,037	$231	0.2%	$188.77	+40.6%	CL A COM	922475108
EMXF	ISHARES TR	44,886	$2,089	1.5%	$35.59	—	EGSADVNCDMSCI EM	46436E742
GOOG	ALPHABET INC	814	$256	0.2%	$209.93	+36.4%	CAP STK CL C	02079K107
VV	VANGUARD INDEX FDS	7,764	$2,444	1.7%	$243.67	—	LARGE CAP ETF	922908637
DFAI	DIMENSIONAL ETF TRUST	27,129	$1,034	0.7%	$30.91	—	INTL CORE EQT MK	25434V203
CRM	SALESFORCE INC	1,505	$399	0.3%	$223.60	+11.0%	COM	79466L302
GPN	GLOBAL PMTS INC	4,373	$338	0.2%	$102.17	-21.4%	COM	37940X102
VTV	VANGUARD INDEX FDS	3,792	$724	0.5%	$157.66	—	VALUE ETF	922908744
DFAE	DIMENSIONAL ETF TRUST	18,587	$605	0.4%	$26.14	—	EMGR CRE EQT MNG	25434V302
SCHX	SCHWAB STRATEGIC TR	18,129	$488	0.3%	$34.82	—	US LRG CAP ETF	808524201
VB	VANGUARD INDEX FDS	2,150	$555	0.4%	$217.24	—	SMALL CP ETF	922908751
DMXF	ISHARES TR	62,024	$4,662	3.3%	$64.35	—	ESG EAFE ETF	46436E759
IEFA	ISHARES TR	3,513	$314	0.2%	$70.64	—	CORE MSCI EAFE	46432F842
—	SYNOVUS FINL CORP	4,357	$218	0.2%	$51.23	—	COM NEW	87161C501
AGG	ISHARES TR	5,314	$531	0.4%	$99.16	—	CORE US AGGBD ET	464287226