Baron Financial Group, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
C	CITIGROUP INC	5,866	$685	0.4%	$103.64	0.0%	COM NEW	172967424
NVDA	NVIDIA CORPORATION	3,362	$627	0.3%	$186.13	0.0%	COM	67066G104
XLU	SELECT SECTOR SPDR TR	9,305	$397	0.2%	$42.69	—	STATE STREET UTI	81369Y886
VEA	VANGUARD TAX-MANAGED FDS	4,275	$267	0.1%	$62.48	—	VAN FTSE DEV MKT	921943858
VOO	VANGUARD INDEX FDS	375	$235	0.1%	$626.59	—	S&P 500 ETF SHS	922908363
GRID	FIRST TR EXCHANGE TRADED FD	1,464	$224	0.1%	$153.02	—	NASDQ CLN EDGE	33737A108
DSI	ISHARES TR	1,565	$202	0.1%	$128.83	—	ESG MSCI KLD 400	464288570
ICLN	ISHARES TR	10,530	$173	0.1%	$16.43	—	GL CLEAN ENE ETF	464288224
BATT	AMPLIFY ETF TR	11,615	$160	0.1%	$13.80	—	AMPLIFY LITHIUM	032108805

Increased Positions (11)

BNDX VANGUARD CHARLOTTE FDS 2.7%

Value ($000) $5,094 (+5.0%) Shares 105,425 (+7.5%) Est. Cost $49.10 Unrealized —

IWR ISHARES TR 3.4%

Value ($000) $6,258 (+3.8%) Shares 65,009 (+4.1%) Est. Cost $69.42 Unrealized —

AAPL APPLE INC 1.1%

Value ($000) $2,110 (+11.7%) Shares 7,762 (+4.6%) Est. Cost $144.94 Unrealized +85.1%

BWX SPDR SERIES TRUST 1.6%

Value ($000) $2,988 (+7.0%) Shares 132,621 (+9.3%) Est. Cost $19168.68 Unrealized —

SUB ISHARES TR 2.3%

Value ($000) $4,369 (+4.7%) Shares 40,945 (+4.7%) Est. Cost $101627.22 Unrealized —

SRVR PACER FDS TR 0.3%

Value ($000) $498 (+63.6%) Shares 17,375 (+81.0%) Est. Cost $30.32 Unrealized —

VB VANGUARD INDEX FDS 1.6%

Value ($000) $2,908 (+3.8%) Shares 11,272 (+2.3%) Est. Cost $227.53 Unrealized —

VNQ VANGUARD INDEX FDS 2.9%

Value ($000) $5,486 (+1.3%) Shares 61,992 (+4.6%) Est. Cost $53636.16 Unrealized —

DIVO AMPLIFY ETF TR 2.5%

Value ($000) $4,583 (+1.3%) Shares 102,999 (+1.4%) Est. Cost $37.99 Unrealized —

QAI NEW YORK LIFE INVESTMENTS ET 1.7%

Value ($000) $3,241 (+1.1%) Shares 96,731 (+1.5%) Est. Cost $25930.23 Unrealized —

BSV VANGUARD BD INDEX FDS 0.3%

Value ($000) $495 (+3.4%) Shares 6,277 (+3.5%) Est. Cost $79150.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BNDX	VANGUARD CHARLOTTE FDS	105,425 (+7.5%)	$5,094 (+5.0%)	2.7%	$49.10	—	TOTAL INT BD ETF	92203J407
IWR	ISHARES TR	65,009 (+4.1%)	$6,258 (+3.8%)	3.4%	$69.42	—	RUS MID CAP ETF	464287499
AAPL	APPLE INC	7,762 (+4.6%)	$2,110 (+11.7%)	1.1%	$144.94	+85.1%	COM	037833100
BWX	SPDR SERIES TRUST	132,621 (+9.3%)	$2,988 (+7.0%)	1.6%	$19168.68	—	BLOOMBERG INTL T	78464A516
SUB	ISHARES TR	40,945 (+4.7%)	$4,369 (+4.7%)	2.3%	$101627.22	—	SHRT NAT MUN ETF	464288158
SRVR	PACER FDS TR	17,375 (+81.0%)	$498 (+63.6%)	0.3%	$30.32	—	DATA AND INFRAST	69374H741
VB	VANGUARD INDEX FDS	11,272 (+2.3%)	$2,908 (+3.8%)	1.6%	$227.53	—	SMALL CP ETF	922908751
VNQ	VANGUARD INDEX FDS	61,992 (+4.6%)	$5,486 (+1.3%)	2.9%	$53636.16	—	REAL ESTATE ETF	922908553
DIVO	AMPLIFY ETF TR	102,999 (+1.4%)	$4,583 (+1.3%)	2.5%	$37.99	—	CWP ENHANCED DIV	032108409
QAI	NEW YORK LIFE INVESTMENTS ET	96,731 (+1.5%)	$3,241 (+1.1%)	1.7%	$25930.23	—	NYLI HEDGE MULTI	45409B107
BSV	VANGUARD BD INDEX FDS	6,277 (+3.5%)	$495 (+3.4%)	0.3%	$79150.75	—	SHORT TRM BOND	921937827

Exited Positions (2)

BX BLACKSTONE INC 0.1%

Value ($000) $218 Shares 1,275 Est. Cost $169.47 Unrealized -10.6%

BTE BAYTEX ENERGY CORP 0.0%

Value ($000) $32 Shares 13,625 Est. Cost $3.46 Unrealized -19.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BX	BLACKSTONE INC	1,275	$218	0.1%	$169.47	-10.6%	—	09260D107
BTE	BAYTEX ENERGY CORP	13,625	$32	0.0%	$3.46	-19.6%	—	07317Q105

Decreased Positions (20)

VTIP VANGUARD MALVERN FDS 6.8%

Value ($000) $12,687 (-3.6%) Shares 256,510 (-1.4%) Est. Cost $51670.14 Unrealized —

VHT VANGUARD WORLD FD 2.2%

Value ($000) $4,164 (+8.0%) Shares 14,466 (-2.6%) Est. Cost $187932.42 Unrealized —

CGW INVESCO EXCH TRADED FD TR II 2.9%

Value ($000) $5,342 (-4.8%) Shares 84,785 (-2.9%) Est. Cost $41986.22 Unrealized —

MUB ISHARES TR 0.1%

Value ($000) $259 (-45.5%) Shares 2,420 (-45.8%) Est. Cost $115387.99 Unrealized —

CWB SPDR SERIES TRUST 3.5%

Value ($000) $6,467 (-2.9%) Shares 72,501 (-1.4%) Est. Cost $69328.03 Unrealized —

IJR ISHARES TR 2.0%

Value ($000) $3,805 (-4.3%) Shares 31,657 (-5.4%) Est. Cost $74508.48 Unrealized —

GLD SPDR GOLD TR 3.8%

Value ($000) $7,026 (+2.1%) Shares 17,729 (-8.5%) Est. Cost $174714.40 Unrealized —

SPY SPDR S&P 500 ETF TR 11.8%

Value ($000) $21,922 (+0.6%) Shares 32,148 (-1.7%) Est. Cost $315233.00 Unrealized —

SPDW SPDR INDEX SHS FDS 1.5%

Value ($000) $2,705 (+2.7%) Shares 60,898 (-1.1%) Est. Cost $25.97 Unrealized —

IEMG ISHARES INC 1.5%

Value ($000) $2,843 (-2.1%) Shares 42,290 (-4.0%) Est. Cost $34592.94 Unrealized —

IJH ISHARES TR 0.8%

Value ($000) $1,550 (-3.6%) Shares 23,481 (-4.7%) Est. Cost $36262.21 Unrealized —

IWD ISHARES TR 1.3%

Value ($000) $2,410 (+1.9%) Shares 11,456 (-1.3%) Est. Cost $118130.15 Unrealized —

IQLT ISHARES TR 2.5%

Value ($000) $4,638 (+0.8%) Shares 102,055 (-2.0%) Est. Cost $26466.55 Unrealized —

EEM ISHARES TR 2.9%

Value ($000) $5,324 (+0.4%) Shares 97,321 (-2.0%) Est. Cost $39603.01 Unrealized —

VUG VANGUARD INDEX FDS 0.1%

Value ($000) $243 (-5.8%) Shares 499 (-7.4%) Est. Cost $410.44 Unrealized —

MTUM ISHARES TR 0.2%

Value ($000) $389 (-3.6%) Shares 1,555 (-1.3%) Est. Cost $144959.20 Unrealized —

QQQ INVESCO QQQ TR 7.1%

Value ($000) $13,167 (+0.1%) Shares 21,434 (-2.2%) Est. Cost $278.87 Unrealized —

IWF ISHARES TR 1.9%

Value ($000) $3,544 (-0.2%) Shares 7,488 (-1.2%) Est. Cost $216890.02 Unrealized —

ESGE ISHARES INC 1.1%

Value ($000) $2,008 (-0.2%) Shares 45,452 (-1.9%) Est. Cost $33299.59 Unrealized —

VGT VANGUARD WORLD FD 0.3%

Value ($000) $473 (-0.6%) Shares 628 (-1.6%) Est. Cost $292037.34 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTIP	VANGUARD MALVERN FDS	256,510 (-1.4%)	$12,687 (-3.6%)	6.8%	$51670.14	—	STRM INFPROIDX	922020805
VHT	VANGUARD WORLD FD	14,466 (-2.6%)	$4,164 (+8.0%)	2.2%	$187932.42	—	HEALTH CAR ETF	92204A504
CGW	INVESCO EXCH TRADED FD TR II	84,785 (-2.9%)	$5,342 (-4.8%)	2.9%	$41986.22	—	S&P GBL WATER	46138E263
MUB	ISHARES TR	2,420 (-45.8%)	$259 (-45.5%)	0.1%	$115387.99	—	NATIONAL MUN ETF	464288414
CWB	SPDR SERIES TRUST	72,501 (-1.4%)	$6,467 (-2.9%)	3.5%	$69328.03	—	STATE STREET SPD	78464A359
IJR	ISHARES TR	31,657 (-5.4%)	$3,805 (-4.3%)	2.0%	$74508.48	—	CORE S&P SCP ETF	464287804
GLD	SPDR GOLD TR	17,729 (-8.5%)	$7,026 (+2.1%)	3.8%	$174714.40	—	GOLD SHS	78463V107
SPY	SPDR S&P 500 ETF TR	32,148 (-1.7%)	$21,922 (+0.6%)	11.8%	$315233.00	—	TR UNIT	78462F103
SPDW	SPDR INDEX SHS FDS	60,898 (-1.1%)	$2,705 (+2.7%)	1.5%	$25.97	—	PORTFOLIO DEVLPD	78463X889
IEMG	ISHARES INC	42,290 (-4.0%)	$2,843 (-2.1%)	1.5%	$34592.94	—	CORE MSCI EMKT	46434G103
IJH	ISHARES TR	23,481 (-4.7%)	$1,550 (-3.6%)	0.8%	$36262.21	—	CORE S&P MCP ETF	464287507
IWD	ISHARES TR	11,456 (-1.3%)	$2,410 (+1.9%)	1.3%	$118130.15	—	RUS 1000 VAL ETF	464287598
IQLT	ISHARES TR	102,055 (-2.0%)	$4,638 (+0.8%)	2.5%	$26466.55	—	MSCI INTL QUALTY	46434V456
EEM	ISHARES TR	97,321 (-2.0%)	$5,324 (+0.4%)	2.9%	$39603.01	—	MSCI EMG MKT ETF	464287234
VUG	VANGUARD INDEX FDS	499 (-7.4%)	$243 (-5.8%)	0.1%	$410.44	—	GROWTH ETF	922908736
MTUM	ISHARES TR	1,555 (-1.3%)	$389 (-3.6%)	0.2%	$144959.20	—	MSCI USA MMENTM	46432F396
QQQ	INVESCO QQQ TR	21,434 (-2.2%)	$13,167 (+0.1%)	7.1%	$278.87	—	UNIT SER 1	46090E103
IWF	ISHARES TR	7,488 (-1.2%)	$3,544 (-0.2%)	1.9%	$216890.02	—	RUS 1000 GRW ETF	464287614
ESGE	ISHARES INC	45,452 (-1.9%)	$2,008 (-0.2%)	1.1%	$33299.59	—	ESG AWR MSCI EM	46434G863
VGT	VANGUARD WORLD FD	628 (-1.6%)	$473 (-0.6%)	0.3%	$292037.34	—	INF TECH ETF	92204A702

Unchanged Positions (17)

IWM ISHARES TR 9.7%

Value ($000) $18,153 Shares 73,743 Est. Cost $148594.92 Unrealized —

EFA ISHARES TR 3.9%

Value ($000) $7,224 Shares 75,230 Est. Cost $60712.56 Unrealized —

ICVT ISHARES TR 2.6%

Value ($000) $4,897 Shares 49,720 Est. Cost $70.06 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value ($000) $880 Shares 1,819 Est. Cost $219.61 Unrealized +127.9%

XOM EXXON MOBIL CORP 0.4%

Value ($000) $807 Shares 6,710 Est. Cost $33.89 Unrealized +240.8%

ESGD ISHARES TR 1.7%

Value ($000) $3,131 Shares 32,930 Est. Cost $65105.48 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.4%

Value ($000) $783 Shares 2,644 Est. Cost $94.22 Unrealized +217.1%

ADP AUTOMATIC DATA PROCESSING IN 0.1%

Value ($000) $218 Shares 848 Est. Cost $150.26 Unrealized +76.3%

VTI VANGUARD INDEX FDS 1.1%

Value ($000) $1,998 Shares 5,959 Est. Cost $159473.98 Unrealized —

MDY SPDR S&P MIDCAP 400 ETF TR 1.3%

Value ($000) $2,382 Shares 3,949 Est. Cost $338830.50 Unrealized —

IEFA ISHARES TR 0.2%

Value ($000) $295 Shares 3,301 Est. Cost $56803.44 Unrealized —

JPM JPMORGAN CHASE & CO. 0.1%

Value ($000) $263 Shares 815 Est. Cost $252.67 Unrealized +22.5%

VIG VANGUARD SPECIALIZED FUNDS 0.2%

Value ($000) $300 Shares 1,367 Est. Cost $154.69 Unrealized —

ARCC ARES CAPITAL CORP 0.3%

Value ($000) $526 Shares 25,977 Est. Cost $13.18 Unrealized +50.1%

ABBV ABBVIE INC 0.2%

Value ($000) $299 Shares 1,309 Est. Cost $136.65 Unrealized +66.5%

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $270 Shares 3,415 Est. Cost $67.34 Unrealized +16.3%

SPGP INVESCO EXCHANGE TRADED FD T 1.1%

Value ($000) $2,114 Shares 18,565 Est. Cost $87.57 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	73,743	$18,153	9.7%	$148594.92	—	RUSSELL 2000 ETF	464287655
EFA	ISHARES TR	75,230	$7,224	3.9%	$60712.56	—	MSCI EAFE ETF	464287465
ICVT	ISHARES TR	49,720	$4,897	2.6%	$70.06	—	CONV BD ETF	46435G102
MSFT	MICROSOFT CORP	1,819	$880	0.5%	$219.61	+127.9%	COM	594918104
XOM	EXXON MOBIL CORP	6,710	$807	0.4%	$33.89	+240.8%	COM	30231G102
ESGD	ISHARES TR	32,930	$3,131	1.7%	$65105.48	—	ESG AW MSCI EAFE	46435G516
IBM	INTERNATIONAL BUSINESS MACHS	2,644	$783	0.4%	$94.22	+217.1%	COM	459200101
ADP	AUTOMATIC DATA PROCESSING IN	848	$218	0.1%	$150.26	+76.3%	COM	053015103
VTI	VANGUARD INDEX FDS	5,959	$1,998	1.1%	$159473.98	—	TOTAL STK MKT	922908769
MDY	SPDR S&P MIDCAP 400 ETF TR	3,949	$2,382	1.3%	$338830.50	—	UTSER1 S&PDCRP	78467Y107
IEFA	ISHARES TR	3,301	$295	0.2%	$56803.44	—	CORE MSCI EAFE	46432F842
JPM	JPMORGAN CHASE & CO.	815	$263	0.1%	$252.67	+22.5%	COM	46625H100
VIG	VANGUARD SPECIALIZED FUNDS	1,367	$300	0.2%	$154.69	—	DIV APP ETF	921908844
ARCC	ARES CAPITAL CORP	25,977	$526	0.3%	$13.18	+50.1%	COM	04010L103
ABBV	ABBVIE INC	1,309	$299	0.2%	$136.65	+66.5%	COM	00287Y109
CL	COLGATE PALMOLIVE CO	3,415	$270	0.1%	$67.34	+16.3%	COM	194162103
SPGP	INVESCO EXCHANGE TRADED FD T	18,565	$2,114	1.1%	$87.57	—	S&P 500 GARP ETF	46137V431