Goodwin Investment Advisory Diversified Active

Period: Q4 2025 (← Previous)

Filing Date: Feb 9, 2026

Total Value ($000): $91,093 (100.0% shares, 0.0% debt)

Holdings (26)

New Positions (1)

Value ($000) $268 Shares 249 Est. Cost $955.55 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	249	$268	0.3%	$955.55	0.0%	COM	532457108

Increased Positions (3)

FBND FIDELITY MERRIMACK STR TR 14.2%

Value ($000) $12,973 (+13.3%) Shares 281,767 (+13.8%) Est. Cost $45.25 Unrealized —

VOO VANGUARD INDEX FDS 3.7%

Value ($000) $3,410 (+8.5%) Shares 5,437 (+5.9%) Est. Cost $12748.75 Unrealized —

VUG VANGUARD INDEX FDS 2.0%

Value ($000) $1,833 (+6.9%) Shares 3,757 (+5.1%) Est. Cost $339.09 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FBND	FIDELITY MERRIMACK STR TR	281,767 (+13.8%)	$12,973 (+13.3%)	14.2%	$45.25	—	TOTAL BD ETF	316188309
VOO	VANGUARD INDEX FDS	5,437 (+5.9%)	$3,410 (+8.5%)	3.7%	$12748.75	—	S&P 500 ETF SHS	922908363
VUG	VANGUARD INDEX FDS	3,757 (+5.1%)	$1,833 (+6.9%)	2.0%	$339.09	—	GROWTH ETF	922908736

Exited Positions (3)

HD HOME DEPOT INC 0.3%

Value ($000) $240 Shares 591 Est. Cost $276.41 Unrealized +31.9%

IJR ISHARES TR 0.3%

Value ($000) $233 Shares 1,958 Est. Cost $5927.19 Unrealized —

KR KROGER CO 0.2%

Value ($000) $202 Shares 2,997 Est. Cost $62.27 Unrealized +4.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HD	HOME DEPOT INC	591	$240	0.3%	$276.41	+31.9%	—	437076102
IJR	ISHARES TR	1,958	$233	0.3%	$5927.19	—	—	464287804
KR	KROGER CO	2,997	$202	0.2%	$62.27	+4.7%	—	501044101

Decreased Positions (9)

FBCG FIDELITY COVINGTON TRUST 52.8%

Value ($000) $48,116 (-6.8%) Shares 877,396 (-8.8%) Est. Cost $30.96 Unrealized —

ONEQ FIDELITY COMWLTH TR 1.2%

Value ($000) $1,119 (-17.8%) Shares 12,248 (-19.9%) Est. Cost $80.54 Unrealized —

MUNI PIMCO ETF TR 1.2%

Value ($000) $1,060 (-18.3%) Shares 20,231 (-18.5%) Est. Cost $52.36 Unrealized —

ESGU ISHARES TR 5.0%

Value ($000) $4,584 (-2.8%) Shares 30,772 (-5.0%) Est. Cost $9368.78 Unrealized —

JHMM JOHN HANCOCK EXCHANGE TRADED 0.4%

Value ($000) $384 (-17.0%) Shares 5,866 (-18.0%) Est. Cost $61.13 Unrealized —

VBK VANGUARD INDEX FDS 0.8%

Value ($000) $732 (-8.2%) Shares 2,424 (-9.6%) Est. Cost $239.94 Unrealized —

USRT ISHARES TR 0.2%

Value ($000) $223 (-19.5%) Shares 3,922 (-17.0%) Est. Cost $51.96 Unrealized —

IVV ISHARES TR 2.1%

Value ($000) $1,935 (-2.3%) Shares 2,825 (-4.5%) Est. Cost $15400.23 Unrealized —

SCHP SCHWAB STRATEGIC TR 0.2%

Value ($000) $204 (-14.1%) Shares 7,691 (-12.6%) Est. Cost $26.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FBCG	FIDELITY COVINGTON TRUST	877,396 (-8.8%)	$48,116 (-6.8%)	52.8%	$30.96	—	BLUE CHIP GRWTH	316092352
ONEQ	FIDELITY COMWLTH TR	12,248 (-19.9%)	$1,119 (-17.8%)	1.2%	$80.54	—	NASDAQ COMPSIT	315912808
MUNI	PIMCO ETF TR	20,231 (-18.5%)	$1,060 (-18.3%)	1.2%	$52.36	—	INTER MUN BD ACT	72201R866
ESGU	ISHARES TR	30,772 (-5.0%)	$4,584 (-2.8%)	5.0%	$9368.78	—	ESG AWR MSCI USA	46435G425
JHMM	JOHN HANCOCK EXCHANGE TRADED	5,866 (-18.0%)	$384 (-17.0%)	0.4%	$61.13	—	MULTIFACTOR MI	47804J206
VBK	VANGUARD INDEX FDS	2,424 (-9.6%)	$732 (-8.2%)	0.8%	$239.94	—	SML CP GRW ETF	922908595
USRT	ISHARES TR	3,922 (-17.0%)	$223 (-19.5%)	0.2%	$51.96	—	CRE U S REIT ETF	464288521
IVV	ISHARES TR	2,825 (-4.5%)	$1,935 (-2.3%)	2.1%	$15400.23	—	CORE S&P500 ETF	464287200
SCHP	SCHWAB STRATEGIC TR	7,691 (-12.6%)	$204 (-14.1%)	0.2%	$26.95	—	US TIPS ETF	808524870

Unchanged Positions (13)

AXSM AXSOME THERAPEUTICS INC 0.9%

Value ($000) $775 Shares 4,241 Est. Cost $83.94 Unrealized +66.3%

FVAL FIDELITY COVINGTON TRUST 6.4%

Value ($000) $5,810 Shares 80,398 Est. Cost $50.31 Unrealized —

BK BANK NEW YORK MELLON CORP 1.4%

Value ($000) $1,317 Shares 11,344 Est. Cost $38.69 Unrealized +185.6%

XLG INVESCO EXCHANGE TRADED FD T 2.2%

Value ($000) $1,995 Shares 33,660 Est. Cost $18769.67 Unrealized —

EQWL INVESCO EXCHANGE TRADED FD T 1.2%

Value ($000) $1,080 Shares 9,144 Est. Cost $109.97 Unrealized —

SIGI SELECTIVE INS GROUP INC 0.6%

Value ($000) $502 Shares 6,000 Est. Cost $77.04 Unrealized +3.4%

ITM VANECK ETF TRUST 1.2%

Value ($000) $1,090 Shares 23,116 Est. Cost $1.67 Unrealized —

JVAL J P MORGAN EXCHANGE TRADED F 0.3%

Value ($000) $245 Shares 4,985 Est. Cost $36.34 Unrealized —

IVE ISHARES TR 0.3%

Value ($000) $281 Shares 1,324 Est. Cost $136.04 Unrealized —

TSLA TESLA INC 0.3%

Value ($000) $307 Shares 683 Est. Cost $301.28 Unrealized +47.1%

IWF ISHARES TR 0.3%

Value ($000) $248 Shares 523 Est. Cost $424.58 Unrealized —

IJT ISHARES TR 0.3%

Value ($000) $309 Shares 2,189 Est. Cost $3800.20 Unrealized —

JMUB J P MORGAN EXCHANGE TRADED F 0.3%

Value ($000) $293 Shares 5,797 Est. Cost $50.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AXSM	AXSOME THERAPEUTICS INC	4,241	$775	0.9%	$83.94	+66.3%	COM	05464T104
FVAL	FIDELITY COVINGTON TRUST	80,398	$5,810	6.4%	$50.31	—	VLU FACTOR ETF	316092782
BK	BANK NEW YORK MELLON CORP	11,344	$1,317	1.4%	$38.69	+185.6%	COM	064058100
XLG	INVESCO EXCHANGE TRADED FD T	33,660	$1,995	2.2%	$18769.67	—	S&P 500 TOP 50	46137V233
EQWL	INVESCO EXCHANGE TRADED FD T	9,144	$1,080	1.2%	$109.97	—	S&P 100 EQL WIGH	46137V449
SIGI	SELECTIVE INS GROUP INC	6,000	$502	0.6%	$77.04	+3.4%	COM	816300107
ITM	VANECK ETF TRUST	23,116	$1,090	1.2%	$1.67	—	INTRMDT MUNI ETF	92189H201
JVAL	J P MORGAN EXCHANGE TRADED F	4,985	$245	0.3%	$36.34	—	US VALUE FACTR	46641Q753
IVE	ISHARES TR	1,324	$281	0.3%	$136.04	—	S&P 500 VAL ETF	464287408
TSLA	TESLA INC	683	$307	0.3%	$301.28	+47.1%	COM	88160R101
IWF	ISHARES TR	523	$248	0.3%	$424.58	—	RUS 1000 GRW ETF	464287614
IJT	ISHARES TR	2,189	$309	0.3%	$3800.20	—	S&P SML 600 GWT	464287887
JMUB	J P MORGAN EXCHANGE TRADED F	5,797	$293	0.3%	$50.47	—	MUNICIPAL ETF	46641Q647