Harpswell Capital Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VUSB	VANGUARD BD INDEX FDS	82,128	$4,093	3.2%	$49.84	—	VANGUARD ULTRA	92203C303
—	GUGGENHEIM STRATEGIC OPPORTU	198,923	$2,562	2.0%	$12.88	—	COM SBI	40167F101
BSV	VANGUARD BD INDEX FDS	17,162	$1,353	1.1%	$78.81	—	SHORT TRM BOND	921937827
USMV	ISHARES TR	5,500	$518	0.4%	$94.16	—	MSCI USA MIN VOL	46429B697
VIGI	VANGUARD WHITEHALL FDS	4,550	$416	0.3%	$91.45	—	INTL DVD ETF	921946810
VNQI	VANGUARD INTL EQUITY INDEX F	8,660	$397	0.3%	$45.84	—	GLB EX US ETF	922042676
VXF	VANGUARD INDEX FDS	1,754	$367	0.3%	$209.12	—	EXTEND MKT ETF	922908652

Increased Positions (8)

BND VANGUARD BD INDEX FDS 9.2%

Value ($000) $11,612 (+209.0%) Shares 156,766 (+210.2%) Est. Cost $74.17 Unrealized —

AGG ISHARES TR 5.9%

Value ($000) $7,388 (+1737.8%) Shares 73,970 (+1744.6%) Est. Cost $99.90 Unrealized —

INDA ISHARES TR 4.6%

Value ($000) $5,801 (+248.0%) Shares 107,321 (+235.2%) Est. Cost $53.46 Unrealized —

VT VANGUARD INTL EQUITY INDEX F 5.0%

Value ($000) $6,246 (+12.9%) Shares 44,276 (+10.3%) Est. Cost $138.10 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 1.1%

Value ($000) $1,372 (+23.2%) Shares 18,654 (+19.5%) Est. Cost $71.73 Unrealized —

MGV VANGUARD WORLD FD 1.1%

Value ($000) $1,382 (+17.5%) Shares 9,787 (+14.6%) Est. Cost $138.18 Unrealized —

VNQ VANGUARD INDEX FDS 0.4%

Value ($000) $542 (+47.2%) Shares 6,130 (+52.1%) Est. Cost $90.42 Unrealized —

VBR VANGUARD INDEX FDS 1.0%

Value ($000) $1,215 (+14.4%) Shares 5,736 (+12.8%) Est. Cost $209.06 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BND	VANGUARD BD INDEX FDS	156,766 (+210.2%)	$11,612 (+209.0%)	9.2%	$74.17	—	TOTAL BND MRKT	921937835
AGG	ISHARES TR	73,970 (+1744.6%)	$7,388 (+1737.8%)	5.9%	$99.90	—	CORE US AGGBD ET	464287226
INDA	ISHARES TR	107,321 (+235.2%)	$5,801 (+248.0%)	4.6%	$53.46	—	MSCI INDIA ETF	46429B598
VT	VANGUARD INTL EQUITY INDEX F	44,276 (+10.3%)	$6,246 (+12.9%)	5.0%	$138.10	—	TT WRLD ST ETF	922042742
VEU	VANGUARD INTL EQUITY INDEX F	18,654 (+19.5%)	$1,372 (+23.2%)	1.1%	$71.73	—	ALLWRLD EX US	922042775
MGV	VANGUARD WORLD FD	9,787 (+14.6%)	$1,382 (+17.5%)	1.1%	$138.18	—	MEGA CAP VAL ETF	921910840
VNQ	VANGUARD INDEX FDS	6,130 (+52.1%)	$542 (+47.2%)	0.4%	$90.42	—	REAL ESTATE ETF	922908553
VBR	VANGUARD INDEX FDS	5,736 (+12.8%)	$1,215 (+14.4%)	1.0%	$209.06	—	SM CP VAL ETF	922908611

Exited Positions (6)

IVV ISHARES TR 0.6%

Value ($000) $749 Shares 1,119 Est. Cost $669.30 Unrealized —

IJH ISHARES TR 0.2%

Value ($000) $272 Shares 4,174 Est. Cost $65.26 Unrealized —

NULV NUSHARES ETF TR 0.2%

Value ($000) $243 Shares 5,546 Est. Cost $43.83 Unrealized —

MGK VANGUARD WORLD FD 0.2%

Value ($000) $201 Shares 500 Est. Cost $402.42 Unrealized —

— DNP SELECT INCOME FD INC 0.1%

Value ($000) $100 Shares 10,000 Est. Cost $10.01 Unrealized —

CLPR CLIPPER RLTY INC 0.1%

Value ($000) $72 Shares 18,900 Est. Cost $3.80 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	1,119	$749	0.6%	$669.30	—	—	464287200
IJH	ISHARES TR	4,174	$272	0.2%	$65.26	—	—	464287507
NULV	NUSHARES ETF TR	5,546	$243	0.2%	$43.83	—	—	67092P300
MGK	VANGUARD WORLD FD	500	$201	0.2%	$402.42	—	—	921910816
—	DNP SELECT INCOME FD INC	10,000	$100	0.1%	$10.01	—	—	23325P104
CLPR	CLIPPER RLTY INC	18,900	$72	0.1%	$3.80	—	—	18885T306

Decreased Positions (12)

CGGR CAPITAL GROUP GROWTH ETF 2.8%

Value ($000) $3,508 (-39.5%) Shares 78,875 (-40.3%) Est. Cost $43.92 Unrealized —

EDV VANGUARD WORLD FD 2.1%

Value ($000) $2,605 (-37.0%) Shares 40,064 (-33.7%) Est. Cost $68.45 Unrealized —

XBI SPDR SERIES TRUST 0.2%

Value ($000) $268 (-84.1%) Shares 2,194 (-86.9%) Est. Cost $100.20 Unrealized —

CGDV CAPITAL GROUP DIVIDEND VALUE 4.8%

Value ($000) $6,069 (-16.3%) Shares 139,064 (-19.4%) Est. Cost $42.03 Unrealized —

VSS VANGUARD INTL EQUITY INDEX F 2.1%

Value ($000) $2,659 (-30.7%) Shares 18,553 (-31.1%) Est. Cost $142.55 Unrealized —

ESGV VANGUARD WORLD FD 12.0%

Value ($000) $15,187 (-3.0%) Shares 125,550 (-5.0%) Est. Cost $118.44 Unrealized —

VTV VANGUARD INDEX FDS 0.6%

Value ($000) $750 (-20.0%) Shares 3,925 (-21.9%) Est. Cost $186.49 Unrealized —

CGDG CAPITAL GROUP DIVIDEND GROWE 0.2%

Value ($000) $249 (-29.4%) Shares 7,000 (-31.4%) Est. Cost $34.65 Unrealized —

VOO VANGUARD INDEX FDS 0.3%

Value ($000) $332 (-20.5%) Shares 530 (-22.4%) Est. Cost $612.38 Unrealized —

EAGG ISHARES TR 0.4%

Value ($000) $463 (-14.5%) Shares 9,667 (-14.2%) Est. Cost $48.03 Unrealized —

DIVD EA SERIES TRUST 0.3%

Value ($000) $385 (-12.9%) Shares 10,000 (-16.7%) Est. Cost $36.88 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.8%

Value ($000) $1,005 (-4.0%) Shares 16,090 (-7.9%) Est. Cost $59.92 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CGGR	CAPITAL GROUP GROWTH ETF	78,875 (-40.3%)	$3,508 (-39.5%)	2.8%	$43.92	—	SHS CREATION UNI	14020G101
EDV	VANGUARD WORLD FD	40,064 (-33.7%)	$2,605 (-37.0%)	2.1%	$68.45	—	EXTENDED DUR	921910709
XBI	SPDR SERIES TRUST	2,194 (-86.9%)	$268 (-84.1%)	0.2%	$100.20	—	STATE STREET SPD	78464A870
CGDV	CAPITAL GROUP DIVIDEND VALUE	139,064 (-19.4%)	$6,069 (-16.3%)	4.8%	$42.03	—	SHS CREATION UNI	14020W106
VSS	VANGUARD INTL EQUITY INDEX F	18,553 (-31.1%)	$2,659 (-30.7%)	2.1%	$142.55	—	FTSE SMCAP ETF	922042718
ESGV	VANGUARD WORLD FD	125,550 (-5.0%)	$15,187 (-3.0%)	12.0%	$118.44	—	ESG US STK ETF	921910733
VTV	VANGUARD INDEX FDS	3,925 (-21.9%)	$750 (-20.0%)	0.6%	$186.49	—	VALUE ETF	922908744
CGDG	CAPITAL GROUP DIVIDEND GROWE	7,000 (-31.4%)	$249 (-29.4%)	0.2%	$34.65	—	SHS ETF	14021L109
VOO	VANGUARD INDEX FDS	530 (-22.4%)	$332 (-20.5%)	0.3%	$612.38	—	S&P 500 ETF SHS	922908363
EAGG	ISHARES TR	9,667 (-14.2%)	$463 (-14.5%)	0.4%	$48.03	—	ESG AWR US AGRGT	46435U549
DIVD	EA SERIES TRUST	10,000 (-16.7%)	$385 (-12.9%)	0.3%	$36.88	—	ALTRIUS GBL DIV	02072L656
VEA	VANGUARD TAX-MANAGED FDS	16,090 (-7.9%)	$1,005 (-4.0%)	0.8%	$59.92	—	VAN FTSE DEV MKT	921943858

Unchanged Positions (9)

VSGX VANGUARD WORLD FD 32.5%

Value ($000) $41,060 Shares 573,300 Est. Cost $69.37 Unrealized —

VYMI VANGUARD WHITEHALL FDS 0.8%

Value ($000) $990 Shares 11,000 Est. Cost $84.68 Unrealized —

CATH GLOBAL X FDS 1.5%

Value ($000) $1,872 Shares 22,772 Est. Cost $81.06 Unrealized —

CEFA GLOBAL X FDS 0.6%

Value ($000) $739 Shares 20,000 Est. Cost $36.00 Unrealized —

SPYD SPDR SERIES TRUST 0.5%

Value ($000) $692 Shares 16,000 Est. Cost $44.00 Unrealized —

DLN WISDOMTREE TR 0.7%

Value ($000) $881 Shares 10,000 Est. Cost $87.03 Unrealized —

VOE VANGUARD INDEX FDS 0.4%

Value ($000) $479 Shares 2,700 Est. Cost $174.58 Unrealized —

DVY ISHARES TR 0.4%

Value ($000) $565 Shares 4,000 Est. Cost $142.10 Unrealized —

XIFR XPLR INFRASTRUCTURE LP 0.1%

Value ($000) $132 Shares 13,170 Est. Cost $9.67 Unrealized +0.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VSGX	VANGUARD WORLD FD	573,300	$41,060	32.5%	$69.37	—	ESG INTL STK ETF	921910725
VYMI	VANGUARD WHITEHALL FDS	11,000	$990	0.8%	$84.68	—	INTL HIGH ETF	921946794
CATH	GLOBAL X FDS	22,772	$1,872	1.5%	$81.06	—	S&P 500 CATHOLIC	37954Y889
CEFA	GLOBAL X FDS	20,000	$739	0.6%	$36.00	—	S&P EX US ETF	37954Y368
SPYD	SPDR SERIES TRUST	16,000	$692	0.5%	$44.00	—	STATE STREET SPD	78468R788
DLN	WISDOMTREE TR	10,000	$881	0.7%	$87.03	—	US LARGECAP DIVD	97717W307
VOE	VANGUARD INDEX FDS	2,700	$479	0.4%	$174.58	—	MCAP VL IDXVIP	922908512
DVY	ISHARES TR	4,000	$565	0.4%	$142.10	—	SELECT DIVID ETF	464287168
XIFR	XPLR INFRASTRUCTURE LP	13,170	$132	0.1%	$9.67	+0.2%	COM UNIT PART IN	65341B106