Fischer Financial Services, Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FHLC	FIDELITY COVINGTON TRUST	171,073 (+2.6%)	$12,707 (+13.9%)	3.4%	$65.57	—	MSCI HLTH CARE I	316092600
VUSB	VANGUARD BD INDEX FDS	101,900 (+24.3%)	$5,079 (+23.9%)	1.3%	$49.80	—	VANGUARD ULTRA	92203C303
QQQ	INVESCO QQQ TR	29,759 (+2.8%)	$18,281 (+5.2%)	4.8%	$513.10	—	UNIT SER 1	46090E103
NFLX	NETFLIX INC	22,255 (+851.1%)	$2,087 (-25.6%)	0.6%	$105.15	+2.5%	COM	64110L106
VCSH	VANGUARD SCOTTSDALE FDS	410,608 (+2.4%)	$32,738 (+2.1%)	8.7%	$78.34	—	SHRT TRM CORP BD	92206C409
WMT	WALMART INC	44,949 (+3.8%)	$5,008 (+12.2%)	1.3%	$98.30	+9.1%	COM	931142103
COST	COSTCO WHSL CORP NEW	7,836 (+2.9%)	$6,756 (-4.1%)	1.8%	$922.16	-1.8%	COM	22160K105
SCHZ	SCHWAB STRATEGIC TR	200,267 (+4.7%)	$4,680 (+4.3%)	1.2%	$22.98	—	US AGGREGATE B	808524839
PLTR	PALANTIR TECHNOLOGIES INC	11,797 (+12.7%)	$2,097 (+9.8%)	0.6%	$164.20	+10.2%	CL A	69608A108
FIDU	FIDELITY COVINGTON TRUST	59,113 (+3.1%)	$4,876 (+3.7%)	1.3%	$70.67	—	MSCI INDL INDX	316092709
META	META PLATFORMS INC	1,847 (+2.7%)	$1,219 (-7.7%)	0.3%	$741.26	-10.0%	CL A	30303M102
SCHP	SCHWAB STRATEGIC TR	60,785 (+6.6%)	$1,610 (+4.8%)	0.4%	$26.32	—	US TIPS ETF	808524870
VTIP	VANGUARD MALVERN FDS	17,190 (+9.3%)	$850 (+6.8%)	0.2%	$48.82	—	STRM INFPROIDX	922020805
XSOE	WISDOMTREE TR	23,680 (+1.8%)	$924 (+4.7%)	0.2%	$31.99	—	EM EX ST-OWNED	97717X578
STIP	ISHARES TR	58,092 (+1.6%)	$5,948 (+0.7%)	1.6%	$100.83	—	0-5 YR TIPS ETF	46429B747
TIP	ISHARES TR	109,194 (+1.5%)	$12,002 (+0.3%)	3.2%	$107.39	—	TIPS BD ETF	464287176
ABBV	ABBVIE INC	1,778 (+4.6%)	$406 (+3.2%)	0.1%	$179.61	+26.7%	COM	00287Y109

Exited Positions (2)

CVX CHEVRON CORP NEW 0.1%

Value ($000) $366 Shares 2,358 Est. Cost $145.50 Unrealized +4.1%

SBUX STARBUCKS CORP 0.1%

Value ($000) $214 Shares 2,530 Est. Cost $93.94 Unrealized -10.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CVX	CHEVRON CORP NEW	2,358	$366	0.1%	$145.50	+4.1%	—	166764100
SBUX	STARBUCKS CORP	2,530	$214	0.1%	$93.94	-10.5%	—	855244109

Decreased Positions (28)

GOOGL ALPHABET INC 4.4%

Value ($000) $16,709 (+15.5%) Shares 53,385 (-10.3%) Est. Cost $174.14 Unrealized +64.0%

AAPL APPLE INC 8.8%

Value ($000) $33,162 (+4.1%) Shares 121,984 (-2.5%) Est. Cost $234.51 Unrealized +14.4%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $755 (-50.0%) Shares 1 (-50.0%) Est. Cost $692527.00 Unrealized +7.8%

HD HOME DEPOT INC 0.7%

Value ($000) $2,810 (-20.6%) Shares 8,167 (-6.5%) Est. Cost $397.26 Unrealized -8.2%

LLY ELI LILLY & CO 0.6%

Value ($000) $2,300 (+29.4%) Shares 2,140 (-8.2%) Est. Cost $821.14 Unrealized +16.4%

PH PARKER-HANNIFIN CORP 1.4%

Value ($000) $5,411 (+9.5%) Shares 6,156 (-5.5%) Est. Cost $655.15 Unrealized +24.8%

UNH UNITEDHEALTH GROUP INC 0.6%

Value ($000) $2,289 (-16.1%) Shares 6,933 (-12.2%) Est. Cost $552.89 Unrealized -39.0%

FDIS FIDELITY COVINGTON TRUST 3.7%

Value ($000) $14,011 (-2.8%) Shares 137,143 (-2.1%) Est. Cost $97.46 Unrealized —

AMAT APPLIED MATLS INC 0.4%

Value ($000) $1,563 (+21.8%) Shares 6,080 (-3.0%) Est. Cost $179.18 Unrealized +33.7%

VGT VANGUARD WORLD FD 1.6%

Value ($000) $6,044 (-4.3%) Shares 8,019 (-5.2%) Est. Cost $621.78 Unrealized —

VHT VANGUARD WORLD FD 0.9%

Value ($000) $3,407 (+7.2%) Shares 11,838 (-3.4%) Est. Cost $253.68 Unrealized —

FSTA FIDELITY COVINGTON TRUST 1.8%

Value ($000) $6,985 (-3.1%) Shares 142,010 (-1.8%) Est. Cost $49.43 Unrealized —

FNCL FIDELITY COVINGTON TRUST 2.9%

Value ($000) $10,943 (-2.0%) Shares 140,760 (-3.7%) Est. Cost $68.68 Unrealized —

TSLA TESLA INC 0.3%

Value ($000) $1,210 (-12.6%) Shares 2,692 (-13.6%) Est. Cost $322.38 Unrealized +37.5%

GOOG ALPHABET INC 0.3%

Value ($000) $1,037 (+16.5%) Shares 3,305 (-9.6%) Est. Cost $175.95 Unrealized +62.7%

VCR VANGUARD WORLD FD 0.7%

Value ($000) $2,526 (-5.3%) Shares 6,413 (-4.8%) Est. Cost $375.39 Unrealized —

SYK STRYKER CORPORATION 0.5%

Value ($000) $1,748 (-6.9%) Shares 4,973 (-2.1%) Est. Cost $366.32 Unrealized -0.8%

ADBE ADOBE INC 0.6%

Value ($000) $2,207 (-5.2%) Shares 6,305 (-4.5%) Est. Cost $495.13 Unrealized -31.3%

VDE VANGUARD WORLD FD 0.1%

Value ($000) $268 (-28.5%) Shares 2,128 (-28.5%) Est. Cost $121.31 Unrealized —

AVGO BROADCOM INC 2.3%

Value ($000) $8,527 (+1.3%) Shares 24,637 (-3.5%) Est. Cost $183.14 Unrealized +94.9%

AON AON PLC 0.5%

Value ($000) $1,751 (-5.3%) Shares 4,963 (-4.3%) Est. Cost $365.26 Unrealized -4.4%

VDC VANGUARD WORLD FD 0.5%

Value ($000) $1,921 (-2.8%) Shares 9,095 (-1.6%) Est. Cost $211.38 Unrealized —

FENY FIDELITY COVINGTON TRUST 0.1%

Value ($000) $214 (-19.5%) Shares 8,650 (-19.6%) Est. Cost $23.84 Unrealized —

VFH VANGUARD WORLD FD 0.3%

Value ($000) $1,303 (-2.0%) Shares 9,758 (-3.7%) Est. Cost $118.07 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $417 (-3.4%) Shares 3,466 (-9.5%) Est. Cost $112.36 Unrealized +2.8%

VUG VANGUARD INDEX FDS 0.1%

Value ($000) $204 (-6.1%) Shares 419 (-7.7%) Est. Cost $479.61 Unrealized —

VTI VANGUARD INDEX FDS 0.4%

Value ($000) $1,358 (-0.8%) Shares 4,050 (-2.9%) Est. Cost $289.68 Unrealized —

JPM JPMORGAN CHASE & CO. 1.6%

Value ($000) $6,005 (+0.1%) Shares 18,637 (-2.0%) Est. Cost $228.03 Unrealized +35.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	53,385 (-10.3%)	$16,709 (+15.5%)	4.4%	$174.14	+64.0%	CAP STK CL A	02079K305
AAPL	APPLE INC	121,984 (-2.5%)	$33,162 (+4.1%)	8.8%	$234.51	+14.4%	COM	037833100
BRK/A	BERKSHIRE HATHAWAY INC DEL	1 (-50.0%)	$755 (-50.0%)	0.2%	$692527.00	+7.8%	CL A	084670108
HD	HOME DEPOT INC	8,167 (-6.5%)	$2,810 (-20.6%)	0.7%	$397.26	-8.2%	COM	437076102
LLY	ELI LILLY & CO	2,140 (-8.2%)	$2,300 (+29.4%)	0.6%	$821.14	+16.4%	COM	532457108
PH	PARKER-HANNIFIN CORP	6,156 (-5.5%)	$5,411 (+9.5%)	1.4%	$655.15	+24.8%	COM	701094104
UNH	UNITEDHEALTH GROUP INC	6,933 (-12.2%)	$2,289 (-16.1%)	0.6%	$552.89	-39.0%	COM	91324P102
FDIS	FIDELITY COVINGTON TRUST	137,143 (-2.1%)	$14,011 (-2.8%)	3.7%	$97.46	—	MSCI CONSM DIS	316092204
AMAT	APPLIED MATLS INC	6,080 (-3.0%)	$1,563 (+21.8%)	0.4%	$179.18	+33.7%	COM	038222105
VGT	VANGUARD WORLD FD	8,019 (-5.2%)	$6,044 (-4.3%)	1.6%	$621.78	—	INF TECH ETF	92204A702
VHT	VANGUARD WORLD FD	11,838 (-3.4%)	$3,407 (+7.2%)	0.9%	$253.68	—	HEALTH CAR ETF	92204A504
FSTA	FIDELITY COVINGTON TRUST	142,010 (-1.8%)	$6,985 (-3.1%)	1.8%	$49.43	—	CONSMR STAPLES	316092303
FNCL	FIDELITY COVINGTON TRUST	140,760 (-3.7%)	$10,943 (-2.0%)	2.9%	$68.68	—	MSCI FINLS IDX	316092501
TSLA	TESLA INC	2,692 (-13.6%)	$1,210 (-12.6%)	0.3%	$322.38	+37.5%	COM	88160R101
GOOG	ALPHABET INC	3,305 (-9.6%)	$1,037 (+16.5%)	0.3%	$175.95	+62.7%	CAP STK CL C	02079K107
VCR	VANGUARD WORLD FD	6,413 (-4.8%)	$2,526 (-5.3%)	0.7%	$375.39	—	CONSUM DIS ETF	92204A108
SYK	STRYKER CORPORATION	4,973 (-2.1%)	$1,748 (-6.9%)	0.5%	$366.32	-0.8%	COM	863667101
ADBE	ADOBE INC	6,305 (-4.5%)	$2,207 (-5.2%)	0.6%	$495.13	-31.3%	COM	00724F101
VDE	VANGUARD WORLD FD	2,128 (-28.5%)	$268 (-28.5%)	0.1%	$121.31	—	ENERGY ETF	92204A306
AVGO	BROADCOM INC	24,637 (-3.5%)	$8,527 (+1.3%)	2.3%	$183.14	+94.9%	COM	11135F101
AON	AON PLC	4,963 (-4.3%)	$1,751 (-5.3%)	0.5%	$365.26	-4.4%	SHS CL A	G0403H108
VDC	VANGUARD WORLD FD	9,095 (-1.6%)	$1,921 (-2.8%)	0.5%	$211.38	—	CONSUM STP ETF	92204A207
FENY	FIDELITY COVINGTON TRUST	8,650 (-19.6%)	$214 (-19.5%)	0.1%	$23.84	—	MSCI ENERGY IDX	316092402
VFH	VANGUARD WORLD FD	9,758 (-3.7%)	$1,303 (-2.0%)	0.3%	$118.07	—	FINANCIALS ETF	92204A405
XOM	EXXON MOBIL CORP	3,466 (-9.5%)	$417 (-3.4%)	0.1%	$112.36	+2.8%	COM	30231G102
VUG	VANGUARD INDEX FDS	419 (-7.7%)	$204 (-6.1%)	0.1%	$479.61	—	GROWTH ETF	922908736
VTI	VANGUARD INDEX FDS	4,050 (-2.9%)	$1,358 (-0.8%)	0.4%	$289.68	—	TOTAL STK MKT	922908769
JPM	JPMORGAN CHASE & CO.	18,637 (-2.0%)	$6,005 (+0.1%)	1.6%	$228.03	+35.7%	COM	46625H100

Unchanged Positions (17)

MSFT MICROSOFT CORP 4.8%

Value ($000) $18,041 Shares 37,302 Est. Cost $422.02 Unrealized +18.6%

IBB ISHARES TR 0.9%

Value ($000) $3,430 Shares 20,321 Est. Cost $132.21 Unrealized —

AMZN AMAZON COM INC 2.1%

Value ($000) $7,769 Shares 33,659 Est. Cost $204.81 Unrealized +11.7%

IWY ISHARES TR 6.1%

Value ($000) $23,158 Shares 83,624 Est. Cost $234.70 Unrealized —

FTEC FIDELITY COVINGTON TRUST 5.1%

Value ($000) $19,445 Shares 86,551 Est. Cost $184.88 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.8%

Value ($000) $3,018 Shares 3,433 Est. Cost $734.84 Unrealized +10.7%

FCOM FIDELITY COVINGTON TRUST 2.0%

Value ($000) $7,692 Shares 104,974 Est. Cost $58.70 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.2%

Value ($000) $696 Shares 3,250 Est. Cost $143.89 Unrealized +56.1%

APH AMPHENOL CORP NEW 0.4%

Value ($000) $1,470 Shares 10,875 Est. Cost $109.40 Unrealized +22.1%

NTES NETEASE INC 0.2%

Value ($000) $688 Shares 5,000 Est. Cost $89.21 Unrealized —

NVDA NVIDIA CORPORATION 5.2%

Value ($000) $19,825 Shares 106,298 Est. Cost $137.79 Unrealized +35.1%

MA MASTERCARD INCORPORATED 2.2%

Value ($000) $8,318 Shares 14,569 Est. Cost $514.68 Unrealized +8.6%

VTWO VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $1,465 Shares 14,716 Est. Cost $89.94 Unrealized —

BR BROADRIDGE FINL SOLUTIONS IN 0.1%

Value ($000) $223 Shares 1,000 Est. Cost $219.85 Unrealized +3.4%

VIS VANGUARD WORLD FD 0.5%

Value ($000) $2,009 Shares 6,732 Est. Cost $254.38 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value ($000) $5,743 Shares 11,425 Est. Cost $462.34 Unrealized +7.6%

IVV ISHARES TR 0.1%

Value ($000) $401 Shares 586 Est. Cost $588.68 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	37,302	$18,041	4.8%	$422.02	+18.6%	COM	594918104
IBB	ISHARES TR	20,321	$3,430	0.9%	$132.21	—	ISHARES BIOTECH	464287556
AMZN	AMAZON COM INC	33,659	$7,769	2.1%	$204.81	+11.7%	COM	023135106
IWY	ISHARES TR	83,624	$23,158	6.1%	$234.70	—	RUS TP200 GR ETF	464289438
FTEC	FIDELITY COVINGTON TRUST	86,551	$19,445	5.1%	$184.88	—	MSCI INFO TECH I	316092808
GS	GOLDMAN SACHS GROUP INC	3,433	$3,018	0.8%	$734.84	+10.7%	COM	38141G104
FCOM	FIDELITY COVINGTON TRUST	104,974	$7,692	2.0%	$58.70	—	MSCI COMMNTN SVC	316092873
AMD	ADVANCED MICRO DEVICES INC	3,250	$696	0.2%	$143.89	+56.1%	COM	007903107
APH	AMPHENOL CORP NEW	10,875	$1,470	0.4%	$109.40	+22.1%	CL A	032095101
NTES	NETEASE INC	5,000	$688	0.2%	$89.21	—	SPONSORED ADS	64110W102
NVDA	NVIDIA CORPORATION	106,298	$19,825	5.2%	$137.79	+35.1%	COM	67066G104
MA	MASTERCARD INCORPORATED	14,569	$8,318	2.2%	$514.68	+8.6%	CL A	57636Q104
VTWO	VANGUARD SCOTTSDALE FDS	14,716	$1,465	0.4%	$89.94	—	VNG RUS2000IDX	92206C664
BR	BROADRIDGE FINL SOLUTIONS IN	1,000	$223	0.1%	$219.85	+3.4%	COM	11133T103
VIS	VANGUARD WORLD FD	6,732	$2,009	0.5%	$254.38	—	INDUSTRIAL ETF	92204A603
BRK/B	BERKSHIRE HATHAWAY INC DEL	11,425	$5,743	1.5%	$462.34	+7.6%	CL B NEW	084670702
IVV	ISHARES TR	586	$401	0.1%	$588.68	—	CORE S&P500 ETF	464287200