ARKANSAS FINANCIAL GROUP, INC. Long-Term Concentrated

CIK: 0000764611 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 28, 2026

Total Value ($000): $693,565 (100.0% shares, 0.0% debt)

Holdings (92)

New Positions (6)

EMB ISHARES TR 0.1%

Value ($000) $743 Shares 7,720 Est. Cost $96.28 Unrealized —

HMOP HARTFORD FDS EXCHANGE TRADED 0.1%

Value ($000) $568 Shares 14,521 Est. Cost $39.11 Unrealized —

AKRE PROFESIONALLY MANAGED PORTFO 0.1%

Value ($000) $364 Shares 5,559 Est. Cost $65.51 Unrealized —

ELD WISDOMTREE TR 0.0%

Value ($000) $334 Shares 11,422 Est. Cost $29.20 Unrealized —

GRID FIRST TR EXCHANGE TRADED FD 0.0%

Value ($000) $289 Shares 1,890 Est. Cost $153.02 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $217 Shares 734 Est. Cost $298.78 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EMB	ISHARES TR	7,720	$743	0.1%	$96.28	—	JPMORGAN USD EMG	464288281
HMOP	HARTFORD FDS EXCHANGE TRADED	14,521	$568	0.1%	$39.11	—	MUN OPORTUNITE	41653L503
AKRE	PROFESIONALLY MANAGED PORTFO	5,559	$364	0.1%	$65.51	—	AKRE FOCUS ETF	74316P579
ELD	WISDOMTREE TR	11,422	$334	0.0%	$29.20	—	EM LCL DEBT FD	97717X867
GRID	FIRST TR EXCHANGE TRADED FD	1,890	$289	0.0%	$153.02	—	NASDQ CLN EDGE	33737A108
IBM	INTERNATIONAL BUSINESS MACHS	734	$217	0.0%	$298.78	0.0%	COM	459200101

Increased Positions (38)

QQQ INVESCO QQQ TR 5.9%

Value ($000) $40,613 (+14.3%) Shares 66,112 (+11.7%) Est. Cost $452.96 Unrealized —

IGIB ISHARES TR 3.2%

Value ($000) $22,039 (+26.1%) Shares 409,041 (+26.6%) Est. Cost $67.51 Unrealized —

JPIB J P MORGAN EXCHANGE TRADED F 0.6%

Value ($000) $3,851 (+667.3%) Shares 79,072 (+672.5%) Est. Cost $48.74 Unrealized —

SPSB SPDR SERIES TRUST 5.9%

Value ($000) $40,924 (+6.9%) Shares 1,355,085 (+7.2%) Est. Cost $29.74 Unrealized —

SPBO SPDR SERIES TRUST 3.5%

Value ($000) $24,063 (+11.5%) Shares 820,153 (+12.6%) Est. Cost $29.10 Unrealized —

ONEQ FIDELITY COMWLTH TR 1.0%

Value ($000) $6,889 (+51.6%) Shares 75,370 (+47.9%) Est. Cost $66.55 Unrealized —

STIP ISHARES TR 2.7%

Value ($000) $18,729 (+11.3%) Shares 182,916 (+12.3%) Est. Cost $99.41 Unrealized —

IYH ISHARES TR 1.1%

Value ($000) $7,877 (+17.4%) Shares 120,992 (+5.9%) Est. Cost $86.33 Unrealized —

BNDX VANGUARD CHARLOTTE FDS 1.1%

Value ($000) $7,339 (+17.3%) Shares 151,880 (+20.0%) Est. Cost $48.35 Unrealized —

IAU ISHARES GOLD TR 0.5%

Value ($000) $3,314 (+37.3%) Shares 40,828 (+23.1%) Est. Cost $62.02 Unrealized —

IYG ISHARES TR 1.6%

Value ($000) $11,293 (+8.5%) Shares 122,417 (+5.5%) Est. Cost $87.74 Unrealized —

SPSM SPDR SERIES TRUST 0.9%

Value ($000) $6,385 (+15.4%) Shares 136,262 (+14.1%) Est. Cost $42.37 Unrealized —

USCI UNITED STS COMMODITY INDEX F 0.1%

Value ($000) $1,012 (+257.9%) Shares 13,042 (+259.2%) Est. Cost $77.69 Unrealized —

IYY ISHARES TR 0.6%

Value ($000) $4,318 (+17.7%) Shares 26,044 (+15.3%) Est. Cost $143.61 Unrealized —

QQQM INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $2,219 (+39.6%) Shares 8,773 (+36.4%) Est. Cost $212.48 Unrealized —

XLRE SELECT SECTOR SPDR TR 0.7%

Value ($000) $5,105 (+13.1%) Shares 126,506 (+18.1%) Est. Cost $39.11 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.1%

Value ($000) $892 (+125.4%) Shares 37,092 (+118.2%) Est. Cost $25.24 Unrealized —

SUB ISHARES TR 2.7%

Value ($000) $18,596 (+2.5%) Shares 174,281 (+2.6%) Est. Cost $104.51 Unrealized —

IEFA ISHARES TR 0.4%

Value ($000) $2,784 (+17.8%) Shares 31,125 (+15.0%) Est. Cost $69.88 Unrealized —

DFNL DAVIS FUNDAMENTAL ETF TR 0.4%

Value ($000) $2,769 (+17.1%) Shares 57,284 (+9.5%) Est. Cost $35.68 Unrealized —

VGT VANGUARD WORLD FD 2.2%

Value ($000) $15,311 (+2.7%) Shares 20,313 (+1.7%) Est. Cost $409.10 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $1,040 (+40.3%) Shares 17,706 (+40.6%) Est. Cost $58.53 Unrealized —

SCHE SCHWAB STRATEGIC TR 1.1%

Value ($000) $7,391 (+3.0%) Shares 225,694 (+4.9%) Est. Cost $27.01 Unrealized —

REZ ISHARES TR 0.4%

Value ($000) $2,988 (+7.0%) Shares 36,163 (+10.0%) Est. Cost $74.80 Unrealized —

IGV ISHARES TR 0.2%

Value ($000) $1,689 (-4.2%) Shares 15,982 (+4.2%) Est. Cost $118.20 Unrealized —

IEUR ISHARES TR 0.1%

Value ($000) $639 (+11.7%) Shares 9,008 (+7.2%) Est. Cost $68.31 Unrealized —

FIW FIRST TR EXCHANGE-TRADED FD 0.7%

Value ($000) $4,954 (+1.0%) Shares 45,599 (+4.5%) Est. Cost $102.14 Unrealized —

AMZN AMAZON COM INC 0.1%

Value ($000) $594 (+7.8%) Shares 2,573 (+2.6%) Est. Cost $177.22 Unrealized +29.1%

AOA ISHARES TR 0.0%

Value ($000) $258 (+18.9%) Shares 2,886 (+17.0%) Est. Cost $84.34 Unrealized —

VGLT VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $478 (+8.6%) Shares 8,573 (+10.6%) Est. Cost $56.76 Unrealized —

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $469 (+8.3%) Shares 2,513 (+8.3%) Est. Cost $130.46 Unrealized +42.7%

AVGO BROADCOM INC 0.0%

Value ($000) $290 (+11.6%) Shares 837 (+6.4%) Est. Cost $308.80 Unrealized +15.6%

IPAC ISHARES TR 0.0%

Value ($000) $275 (+11.4%) Shares 3,750 (+11.7%) Est. Cost $73.41 Unrealized —

IEMG ISHARES INC 0.1%

Value ($000) $554 (+4.9%) Shares 8,239 (+2.8%) Est. Cost $50.94 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $827 (-2.9%) Shares 1,709 (+4.0%) Est. Cost $266.26 Unrealized +88.0%

EMLC VANECK ETF TRUST 0.0%

Value ($000) $223 (+5.7%) Shares 8,620 (+4.4%) Est. Cost $25.52 Unrealized —

SHY ISHARES TR 0.0%

Value ($000) $220 (+3.7%) Shares 2,657 (+3.9%) Est. Cost $82.60 Unrealized —

SCHP SCHWAB STRATEGIC TR 0.3%

Value ($000) $1,908 (+0.1%) Shares 72,014 (+1.8%) Est. Cost $39.75 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	66,112 (+11.7%)	$40,613 (+14.3%)	5.9%	$452.96	—	UNIT SER 1	46090E103
IGIB	ISHARES TR	409,041 (+26.6%)	$22,039 (+26.1%)	3.2%	$67.51	—	ISHS 5-10YR INVT	464288638
JPIB	J P MORGAN EXCHANGE TRADED F	79,072 (+672.5%)	$3,851 (+667.3%)	0.6%	$48.74	—	INTL BD OPP ETF	46641Q852
SPSB	SPDR SERIES TRUST	1,355,085 (+7.2%)	$40,924 (+6.9%)	5.9%	$29.74	—	STATE STREET SPD	78464A474
SPBO	SPDR SERIES TRUST	820,153 (+12.6%)	$24,063 (+11.5%)	3.5%	$29.10	—	STATE STREET SPD	78464A144
ONEQ	FIDELITY COMWLTH TR	75,370 (+47.9%)	$6,889 (+51.6%)	1.0%	$66.55	—	NASDAQ COMPSIT	315912808
STIP	ISHARES TR	182,916 (+12.3%)	$18,729 (+11.3%)	2.7%	$99.41	—	0-5 YR TIPS ETF	46429B747
IYH	ISHARES TR	120,992 (+5.9%)	$7,877 (+17.4%)	1.1%	$86.33	—	US HLTHCARE ETF	464287762
BNDX	VANGUARD CHARLOTTE FDS	151,880 (+20.0%)	$7,339 (+17.3%)	1.1%	$48.35	—	TOTAL INT BD ETF	92203J407
IAU	ISHARES GOLD TR	40,828 (+23.1%)	$3,314 (+37.3%)	0.5%	$62.02	—	ISHARES NEW	464285204
IYG	ISHARES TR	122,417 (+5.5%)	$11,293 (+8.5%)	1.6%	$87.74	—	U.S. FIN SVC ETF	464287770
SPSM	SPDR SERIES TRUST	136,262 (+14.1%)	$6,385 (+15.4%)	0.9%	$42.37	—	STATE STREET SPD	78468R853
USCI	UNITED STS COMMODITY INDEX F	13,042 (+259.2%)	$1,012 (+257.9%)	0.1%	$77.69	—	COMM IDX FND	911717106
IYY	ISHARES TR	26,044 (+15.3%)	$4,318 (+17.7%)	0.6%	$143.61	—	DOW JONES US ETF	464287846
QQQM	INVESCO EXCH TRADED FD TR II	8,773 (+36.4%)	$2,219 (+39.6%)	0.3%	$212.48	—	NASDAQ 100 ETF	46138G649
XLRE	SELECT SECTOR SPDR TR	126,506 (+18.1%)	$5,105 (+13.1%)	0.7%	$39.11	—	STATE STREET REA	81369Y860
SCHF	SCHWAB STRATEGIC TR	37,092 (+118.2%)	$892 (+125.4%)	0.1%	$25.24	—	INTL EQTY ETF	808524805
SUB	ISHARES TR	174,281 (+2.6%)	$18,596 (+2.5%)	2.7%	$104.51	—	SHRT NAT MUN ETF	464288158
IEFA	ISHARES TR	31,125 (+15.0%)	$2,784 (+17.8%)	0.4%	$69.88	—	CORE MSCI EAFE	46432F842
DFNL	DAVIS FUNDAMENTAL ETF TR	57,284 (+9.5%)	$2,769 (+17.1%)	0.4%	$35.68	—	SELECT FINL	23908L108
VGT	VANGUARD WORLD FD	20,313 (+1.7%)	$15,311 (+2.7%)	2.2%	$409.10	—	INF TECH ETF	92204A702
VGSH	VANGUARD SCOTTSDALE FDS	17,706 (+40.6%)	$1,040 (+40.3%)	0.1%	$58.53	—	SHORT TERM TREAS	92206C102
SCHE	SCHWAB STRATEGIC TR	225,694 (+4.9%)	$7,391 (+3.0%)	1.1%	$27.01	—	EMRG MKTEQ ETF	808524706
REZ	ISHARES TR	36,163 (+10.0%)	$2,988 (+7.0%)	0.4%	$74.80	—	RESIDENTIAL MULT	464288562
IGV	ISHARES TR	15,982 (+4.2%)	$1,689 (-4.2%)	0.2%	$118.20	—	EXPANDED TECH	464287515
IEUR	ISHARES TR	9,008 (+7.2%)	$639 (+11.7%)	0.1%	$68.31	—	CORE MSCI EURO	46434V738
FIW	FIRST TR EXCHANGE-TRADED FD	45,599 (+4.5%)	$4,954 (+1.0%)	0.7%	$102.14	—	WTR ETF	33733B100
AMZN	AMAZON COM INC	2,573 (+2.6%)	$594 (+7.8%)	0.1%	$177.22	+29.1%	COM	023135106
AOA	ISHARES TR	2,886 (+17.0%)	$258 (+18.9%)	0.0%	$84.34	—	CORE 80/20 AGGRE	464289859
VGLT	VANGUARD SCOTTSDALE FDS	8,573 (+10.6%)	$478 (+8.6%)	0.1%	$56.76	—	LONG TERM TREAS	92206C847
NVDA	NVIDIA CORPORATION	2,513 (+8.3%)	$469 (+8.3%)	0.1%	$130.46	+42.7%	COM	67066G104
AVGO	BROADCOM INC	837 (+6.4%)	$290 (+11.6%)	0.0%	$308.80	+15.6%	COM	11135F101
IPAC	ISHARES TR	3,750 (+11.7%)	$275 (+11.4%)	0.0%	$73.41	—	CORE MSCI PAC	46434V696
IEMG	ISHARES INC	8,239 (+2.8%)	$554 (+4.9%)	0.1%	$50.94	—	CORE MSCI EMKT	46434G103
MSFT	MICROSOFT CORP	1,709 (+4.0%)	$827 (-2.9%)	0.1%	$266.26	+88.0%	COM	594918104
EMLC	VANECK ETF TRUST	8,620 (+4.4%)	$223 (+5.7%)	0.0%	$25.52	—	JP MRGAN EM LOC	92189H300
SHY	ISHARES TR	2,657 (+3.9%)	$220 (+3.7%)	0.0%	$82.60	—	1 3 YR TREAS BD	464287457
SCHP	SCHWAB STRATEGIC TR	72,014 (+1.8%)	$1,908 (+0.1%)	0.3%	$39.75	—	US TIPS ETF	808524870

Exited Positions (7)

RIGS ALPS ETF TR 0.4%

Value ($000) $2,836 Shares 121,783 Est. Cost $22.78 Unrealized —

CEMB ISHARES INC 0.1%

Value ($000) $724 Shares 15,669 Est. Cost $44.05 Unrealized —

ORCL ORACLE CORP 0.0%

Value ($000) $244 Shares 867 Est. Cost $254.17 Unrealized -6.3%

FXZ FIRST TR EXCHANGE TRADED FD 0.0%

Value ($000) $240 Shares 3,901 Est. Cost $56.95 Unrealized —

PSA PUBLIC STORAGE OPER CO 0.0%

Value ($000) $221 Shares 766 Est. Cost $162.21 Unrealized +70.9%

SCHD SCHWAB STRATEGIC TR 0.0%

Value ($000) $216 Shares 7,915 Est. Cost $26.50 Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $208 Shares 514 Est. Cost $389.16 Unrealized -6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RIGS	ALPS ETF TR	121,783	$2,836	0.4%	$22.78	—	—	00162Q783
CEMB	ISHARES INC	15,669	$724	0.1%	$44.05	—	—	464286251
ORCL	ORACLE CORP	867	$244	0.0%	$254.17	-6.3%	—	68389X105
FXZ	FIRST TR EXCHANGE TRADED FD	3,901	$240	0.0%	$56.95	—	—	33734X168
PSA	PUBLIC STORAGE OPER CO	766	$221	0.0%	$162.21	+70.9%	—	74460D109
SCHD	SCHWAB STRATEGIC TR	7,915	$216	0.0%	$26.50	—	—	808524797
HD	HOME DEPOT INC	514	$208	0.0%	$389.16	-6.3%	—	437076102

Decreased Positions (27)

IJH ISHARES TR 9.3%

Value ($000) $64,751 (-5.8%) Shares 981,070 (-6.9%) Est. Cost $77.34 Unrealized —

TIP ISHARES TR 1.8%

Value ($000) $12,736 (-20.9%) Shares 115,876 (-20.0%) Est. Cost $118.65 Unrealized —

FMB FIRST TR EXCH TRADED FD III 0.5%

Value ($000) $3,320 (-42.4%) Shares 64,926 (-42.9%) Est. Cost $50.19 Unrealized —

ISTB ISHARES TR 0.6%

Value ($000) $3,854 (-33.4%) Shares 79,053 (-33.3%) Est. Cost $49.61 Unrealized —

DIA SPDR DOW JONES INDL AVERAGE 14.9%

Value ($000) $103,491 (-1.3%) Shares 215,351 (-4.8%) Est. Cost $185.01 Unrealized —

VO VANGUARD INDEX FDS 6.3%

Value ($000) $43,855 (-3.0%) Shares 151,108 (-1.9%) Est. Cost $151.99 Unrealized —

MUB ISHARES TR 0.7%

Value ($000) $4,952 (-21.4%) Shares 46,234 (-21.9%) Est. Cost $110.99 Unrealized —

IGSB ISHARES TR 4.6%

Value ($000) $31,737 (-4.1%) Shares 600,168 (-3.8%) Est. Cost $72.91 Unrealized —

IAGG ISHARES TR 0.9%

Value ($000) $5,906 (-15.3%) Shares 118,089 (-13.2%) Est. Cost $54.15 Unrealized —

EMXC ISHARES INC 2.2%

Value ($000) $15,145 (+5.9%) Shares 208,383 (-1.7%) Est. Cost $52.65 Unrealized —

FDM FIRST TR EXCHANGE-TRADED FD 2.0%

Value ($000) $13,808 (+3.7%) Shares 173,432 (-1.3%) Est. Cost $60.20 Unrealized —

IJR ISHARES TR 0.8%

Value ($000) $5,870 (-2.8%) Shares 48,840 (-3.9%) Est. Cost $88.58 Unrealized —

AAPL APPLE INC 0.3%

Value ($000) $2,262 (+5.1%) Shares 8,322 (-1.5%) Est. Cost $174.43 Unrealized +53.8%

XOM EXXON MOBIL CORP 0.0%

Value ($000) $210 (-33.1%) Shares 1,744 (-37.3%) Est. Cost $40.49 Unrealized +185.2%

IWC ISHARES TR 1.2%

Value ($000) $8,304 (-1.2%) Shares 52,660 (-6.6%) Est. Cost $97.69 Unrealized —

IGE ISHARES TR 0.2%

Value ($000) $1,533 (-5.7%) Shares 30,540 (-7.8%) Est. Cost $2.29 Unrealized —

USMV ISHARES TR 0.6%

Value ($000) $3,904 (-2.2%) Shares 41,464 (-1.2%) Est. Cost $58.27 Unrealized —

RING ISHARES INC 0.0%

Value ($000) $343 (-19.2%) Shares 4,664 (-29.0%) Est. Cost $64.71 Unrealized —

GUNR FLEXSHARES TR 1.2%

Value ($000) $8,083 (-0.9%) Shares 176,300 (-5.4%) Est. Cost $36.11 Unrealized —

IHE ISHARES TR 0.1%

Value ($000) $605 (+12.5%) Shares 7,135 (-3.8%) Est. Cost $68.46 Unrealized —

NSC NORFOLK SOUTHN CORP 0.1%

Value ($000) $594 (-6.5%) Shares 2,058 (-2.7%) Est. Cost $180.23 Unrealized +60.1%

MOO VANECK ETF TRUST 0.1%

Value ($000) $786 (-4.0%) Shares 10,800 (-3.1%) Est. Cost $64.37 Unrealized —

JPM JPMORGAN CHASE & CO. 0.1%

Value ($000) $847 (-3.4%) Shares 2,627 (-5.4%) Est. Cost $85.57 Unrealized +261.7%

USRT ISHARES TR 0.1%

Value ($000) $379 (-6.1%) Shares 6,646 (-3.2%) Est. Cost $58.55 Unrealized —

SPMD SPDR SERIES TRUST 0.1%

Value ($000) $776 (-2.7%) Shares 13,401 (-4.0%) Est. Cost $43.92 Unrealized —

SCHM SCHWAB STRATEGIC TR 0.2%

Value ($000) $1,489 (-1.2%) Shares 49,504 (-2.6%) Est. Cost $31.10 Unrealized —

XSD SPDR SERIES TRUST 0.2%

Value ($000) $1,335 (-0.3%) Shares 4,151 (-1.1%) Est. Cost $185.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IJH	ISHARES TR	981,070 (-6.9%)	$64,751 (-5.8%)	9.3%	$77.34	—	CORE S&P MCP ETF	464287507
TIP	ISHARES TR	115,876 (-20.0%)	$12,736 (-20.9%)	1.8%	$118.65	—	TIPS BD ETF	464287176
FMB	FIRST TR EXCH TRADED FD III	64,926 (-42.9%)	$3,320 (-42.4%)	0.5%	$50.19	—	MANAGD MUN ETF	33739N108
ISTB	ISHARES TR	79,053 (-33.3%)	$3,854 (-33.4%)	0.6%	$49.61	—	CORE 1 5 YR USD	46432F859
DIA	SPDR DOW JONES INDL AVERAGE	215,351 (-4.8%)	$103,491 (-1.3%)	14.9%	$185.01	—	UT SER 1	78467X109
VO	VANGUARD INDEX FDS	151,108 (-1.9%)	$43,855 (-3.0%)	6.3%	$151.99	—	MID CAP ETF	922908629
MUB	ISHARES TR	46,234 (-21.9%)	$4,952 (-21.4%)	0.7%	$110.99	—	NATIONAL MUN ETF	464288414
IGSB	ISHARES TR	600,168 (-3.8%)	$31,737 (-4.1%)	4.6%	$72.91	—	ISHS 1-5YR INVS	464288646
IAGG	ISHARES TR	118,089 (-13.2%)	$5,906 (-15.3%)	0.9%	$54.15	—	CORE INTL AGGR	46435G672
EMXC	ISHARES INC	208,383 (-1.7%)	$15,145 (+5.9%)	2.2%	$52.65	—	MSCI EMRG CHN	46434G764
FDM	FIRST TR EXCHANGE-TRADED FD	173,432 (-1.3%)	$13,808 (+3.7%)	2.0%	$60.20	—	COM SHS ANNUAL	33718M105
IJR	ISHARES TR	48,840 (-3.9%)	$5,870 (-2.8%)	0.8%	$88.58	—	CORE S&P SCP ETF	464287804
AAPL	APPLE INC	8,322 (-1.5%)	$2,262 (+5.1%)	0.3%	$174.43	+53.8%	COM	037833100
XOM	EXXON MOBIL CORP	1,744 (-37.3%)	$210 (-33.1%)	0.0%	$40.49	+185.2%	COM	30231G102
IWC	ISHARES TR	52,660 (-6.6%)	$8,304 (-1.2%)	1.2%	$97.69	—	MICRO-CAP ETF	464288869
IGE	ISHARES TR	30,540 (-7.8%)	$1,533 (-5.7%)	0.2%	$2.29	—	NORTH AMERN NAT	464287374
USMV	ISHARES TR	41,464 (-1.2%)	$3,904 (-2.2%)	0.6%	$58.27	—	MSCI USA MIN VOL	46429B697
RING	ISHARES INC	4,664 (-29.0%)	$343 (-19.2%)	0.0%	$64.71	—	MSCI GBL GOLD MN	46434G855
GUNR	FLEXSHARES TR	176,300 (-5.4%)	$8,083 (-0.9%)	1.2%	$36.11	—	MORNSTAR UPSTR	33939L407
IHE	ISHARES TR	7,135 (-3.8%)	$605 (+12.5%)	0.1%	$68.46	—	U.S. PHARMA ETF	464288836
NSC	NORFOLK SOUTHN CORP	2,058 (-2.7%)	$594 (-6.5%)	0.1%	$180.23	+60.1%	COM	655844108
MOO	VANECK ETF TRUST	10,800 (-3.1%)	$786 (-4.0%)	0.1%	$64.37	—	AGRIBUSINESS ETF	92189F700
JPM	JPMORGAN CHASE & CO.	2,627 (-5.4%)	$847 (-3.4%)	0.1%	$85.57	+261.7%	COM	46625H100
USRT	ISHARES TR	6,646 (-3.2%)	$379 (-6.1%)	0.1%	$58.55	—	CRE U S REIT ETF	464288521
SPMD	SPDR SERIES TRUST	13,401 (-4.0%)	$776 (-2.7%)	0.1%	$43.92	—	STATE STREET SPD	78464A847
SCHM	SCHWAB STRATEGIC TR	49,504 (-2.6%)	$1,489 (-1.2%)	0.2%	$31.10	—	US MID-CAP ETF	808524508
XSD	SPDR SERIES TRUST	4,151 (-1.1%)	$1,335 (-0.3%)	0.2%	$185.22	—	STATE STREET SPD	78464A862

Unchanged Positions (21)

IVV ISHARES TR 6.1%

Value ($000) $42,085 Shares 61,443 Est. Cost $298.85 Unrealized —

IHI ISHARES TR 1.8%

Value ($000) $12,601 Shares 202,744 Est. Cost $73.39 Unrealized —

IYR ISHARES TR 0.7%

Value ($000) $5,026 Shares 53,531 Est. Cost $97.16 Unrealized —

COMT ISHARES U S ETF TR 0.3%

Value ($000) $1,783 Shares 71,620 Est. Cost $26.40 Unrealized —

SPY SPDR S&P 500 ETF TR 0.9%

Value ($000) $5,976 Shares 8,763 Est. Cost $185.09 Unrealized —

WMT WALMART INC 0.1%

Value ($000) $923 Shares 8,283 Est. Cost $52.97 Unrealized +102.4%

OZK BANK OZK LITTLE ROCK ARK 0.1%

Value ($000) $506 Shares 10,989 Est. Cost $41.42 Unrealized +11.7%

WEST WESTROCK COFFEE CO 0.0%

Value ($000) $269 Shares 66,126 Est. Cost $6.01 Unrealized -27.2%

VNQ VANGUARD INDEX FDS 0.2%

Value ($000) $1,063 Shares 12,012 Est. Cost $71.60 Unrealized —

JNJ JOHNSON & JOHNSON 0.0%

Value ($000) $324 Shares 1,564 Est. Cost $126.68 Unrealized +55.5%

RSPF INVESCO EXCHANGE TRADED FD T 0.4%

Value ($000) $2,817 Shares 35,888 Est. Cost $54.54 Unrealized —

ACWV ISHARES INC 0.2%

Value ($000) $1,365 Shares 11,493 Est. Cost $95.92 Unrealized —

SPLV INVESCO EXCH TRADED FD TR II 0.0%

Value ($000) $333 Shares 4,668 Est. Cost $62.81 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $396 Shares 1,733 Est. Cost $113.30 Unrealized +100.8%

CNP CENTERPOINT ENERGY INC 0.1%

Value ($000) $438 Shares 11,414 Est. Cost $37.44 Unrealized +3.8%

HOMB HOME BANCSHARES INC 0.0%

Value ($000) $254 Shares 9,127 Est. Cost $19.43 Unrealized +42.7%

TSLA TESLA INC 0.0%

Value ($000) $271 Shares 602 Est. Cost $346.84 Unrealized +27.8%

MCD MCDONALDS CORP 0.0%

Value ($000) $336 Shares 1,099 Est. Cost $251.65 Unrealized +21.2%

IEI ISHARES TR 0.1%

Value ($000) $437 Shares 3,662 Est. Cost $118.46 Unrealized —

VGIT VANGUARD SCOTTSDALE FDS 0.0%

Value ($000) $316 Shares 5,278 Est. Cost $60.03 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $1,541 Shares 3,066 Est. Cost $308.71 Unrealized +61.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	61,443	$42,085	6.1%	$298.85	—	CORE S&P500 ETF	464287200
IHI	ISHARES TR	202,744	$12,601	1.8%	$73.39	—	U.S. MED DVC ETF	464288810
IYR	ISHARES TR	53,531	$5,026	0.7%	$97.16	—	U.S. REAL ES ETF	464287739
COMT	ISHARES U S ETF TR	71,620	$1,783	0.3%	$26.40	—	GSCI CMDTY STGY	46431W853
SPY	SPDR S&P 500 ETF TR	8,763	$5,976	0.9%	$185.09	—	TR UNIT	78462F103
WMT	WALMART INC	8,283	$923	0.1%	$52.97	+102.4%	COM	931142103
OZK	BANK OZK LITTLE ROCK ARK	10,989	$506	0.1%	$41.42	+11.7%	COM	06417N103
WEST	WESTROCK COFFEE CO	66,126	$269	0.0%	$6.01	-27.2%	COM	96145W103
VNQ	VANGUARD INDEX FDS	12,012	$1,063	0.2%	$71.60	—	REAL ESTATE ETF	922908553
JNJ	JOHNSON & JOHNSON	1,564	$324	0.0%	$126.68	+55.5%	COM	478160104
RSPF	INVESCO EXCHANGE TRADED FD T	35,888	$2,817	0.4%	$54.54	—	S&P500 EQL FIN	46137V340
ACWV	ISHARES INC	11,493	$1,365	0.2%	$95.92	—	MSCI GBL MIN VOL	464286525
SPLV	INVESCO EXCH TRADED FD TR II	4,668	$333	0.0%	$62.81	—	S&P500 LOW VOL	46138E354
ABBV	ABBVIE INC	1,733	$396	0.1%	$113.30	+100.8%	COM	00287Y109
CNP	CENTERPOINT ENERGY INC	11,414	$438	0.1%	$37.44	+3.8%	COM	15189T107
HOMB	HOME BANCSHARES INC	9,127	$254	0.0%	$19.43	+42.7%	COM	436893200
TSLA	TESLA INC	602	$271	0.0%	$346.84	+27.8%	COM	88160R101
MCD	MCDONALDS CORP	1,099	$336	0.0%	$251.65	+21.2%	COM	580135101
IEI	ISHARES TR	3,662	$437	0.1%	$118.46	—	3 7 YR TREAS BD	464288661
VGIT	VANGUARD SCOTTSDALE FDS	5,278	$316	0.0%	$60.03	—	INTER TERM TREAS	92206C706
BRK/B	BERKSHIRE HATHAWAY INC DEL	3,066	$1,541	0.2%	$308.71	+61.2%	CL B NEW	084670702