BlueStem Wealth Partners, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SCHG	SCHWAB U.S. LARGE-CAP GROWTH ETF	2,823,123	$92,090	10.2%	$32.62	—	ETF	808524300
DYNF	ISHARES U.S. EQUITY FACTOR ROTATION ACTIVE ETF	1,174,349	$71,412	7.9%	$60.81	—	ETF	09290C103
JMTG	JPMORGAN MORTGAGE-BACKED SECURITIES ETF	537,942	$27,467	3.0%	$51.06	—	ETF	46654Q575
SCHX	SCHWAB U.S. LARGE-CAP ETF	571,076	$15,368	1.7%	$26.91	—	ETF	808524201
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND ETF	178,188	$12,015	1.3%	$67.43	—	ETF	921946885
USTB	VICTORYSHARES SHORT-TERM BOND ETF	209,508	$10,651	1.2%	$50.84	—	ETF	92647N535
XLI	STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF	51,280	$7,955	0.9%	$155.12	—	ETF	81369Y704
EWC	ISHARES MSCI CANADA ETF	66,728	$3,599	0.4%	$53.93	—	ETF	464286509
EWU	ISHARES MSCI UNITED KINGDOM ETF	81,130	$3,568	0.4%	$43.98	—	ETF	46435G334
EVSM	EATON VANCE SHORT DURATION MUNICIPAL INCOME ETF	29,488	$1,485	0.2%	$50.37	—	ETF	61774R858
TMO	THERMO FISHER SCIENTIFIC INC COM	393	$228	0.0%	$565.16	0.0%	Stock	883556102
CRM	SALESFORCE INC COM	833	$221	0.0%	$248.17	0.0%	Stock	79466L302
FTMH	FRANKLIN MUNICIPAL HIGH YIELD ETF	10,883	$126	0.0%	$11.57	—	ETF	746729789

Increased Positions (50)

RECS COLUMBIA RESEARCH ENHANCED CORE ETF 6.1%

Value ($000) $55,010 (+90.6%) Shares 1,346,965 (+88.3%) Est. Cost $37.35 Unrealized —

IAGG ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF 1.8%

Value ($000) $16,480 (+238.6%) Shares 329,539 (+246.9%) Est. Cost $50.32 Unrealized —

SCHF SCHWAB INTERNATIONAL EQUITY ETF 9.1%

Value ($000) $82,523 (+8.7%) Shares 3,432,739 (+5.2%) Est. Cost $19.98 Unrealized —

CALF PACER US SMALL CAP CASH COWS ETF 1.7%

Value ($000) $15,345 (+46.8%) Shares 345,837 (+44.8%) Est. Cost $43.39 Unrealized —

FNDX SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF 5.9%

Value ($000) $53,499 (+7.2%) Shares 1,966,144 (+3.6%) Est. Cost $24.26 Unrealized —

BND VANGUARD TOTAL BOND MARKET ETF 2.4%

Value ($000) $21,559 (+11.0%) Shares 291,064 (+11.4%) Est. Cost $72.26 Unrealized —

IJH ISHARES CORE S&P MID-CAP ETF 3.8%

Value ($000) $34,313 (+5.2%) Shares 519,901 (+4.1%) Est. Cost $62.39 Unrealized —

CGHM CAPITAL GROUP MUNICIPAL HIGH-INCOME ETF 0.2%

Value ($000) $1,936 (+594.2%) Shares 75,965 (+589.0%) Est. Cost $25.45 Unrealized —

PULS PGIM ULTRA SHORT BOND ETF 0.7%

Value ($000) $6,602 (+25.3%) Shares 133,141 (+25.9%) Est. Cost $49.63 Unrealized —

VTV VANGUARD VALUE ETF 2.1%

Value ($000) $19,095 (+5.0%) Shares 99,977 (+2.6%) Est. Cost $171.91 Unrealized —

FLCC FEDERATED HERMES MDT LARGE CAP CORE ETF 1.5%

Value ($000) $13,205 (+5.3%) Shares 406,416 (+3.8%) Est. Cost $32.07 Unrealized —

XLY STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF 0.9%

Value ($000) $7,850 (+4.3%) Shares 65,742 (+109.4%) Est. Cost $166.17 Unrealized —

SPYI NEOS S&P 500 HIGH INCOME ETF 0.2%

Value ($000) $1,791 (+21.7%) Shares 34,086 (+21.2%) Est. Cost $51.10 Unrealized —

XLC STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF 0.9%

Value ($000) $8,029 (+4.1%) Shares 68,201 (+4.7%) Est. Cost $98.19 Unrealized —

EWG ISHARES MSCI GERMANY ETF 0.4%

Value ($000) $3,620 (+9.4%) Shares 85,169 (+7.1%) Est. Cost $41.67 Unrealized —

QQQI NEOS NASDAQ 100 HIGH INCOME ETF 0.2%

Value ($000) $1,763 (+21.3%) Shares 32,725 (+22.1%) Est. Cost $52.87 Unrealized —

QDPL PACER METAURUS US LARGE CAP DIVIDEND MULTIPLIER 400 ETF 0.1%

Value ($000) $1,280 (+25.6%) Shares 30,124 (+23.9%) Est. Cost $39.68 Unrealized —

JMUB JPMORGAN MUNICIPAL ETF 1.5%

Value ($000) $13,493 (+2.0%) Shares 267,185 (+1.9%) Est. Cost $50.16 Unrealized —

IDV ISHARES INTERNATIONAL SELECT DIVIDEND ETF 0.1%

Value ($000) $1,083 (+30.7%) Shares 27,464 (+21.1%) Est. Cost $34.90 Unrealized —

JPLD JPMORGAN LIMITED DURATION BOND ETF 0.1%

Value ($000) $524 (+80.4%) Shares 10,013 (+80.9%) Est. Cost $51.89 Unrealized —

EWI ISHARES MSCI ITALY ETF 0.4%

Value ($000) $3,576 (+6.3%) Shares 65,818 (+1.6%) Est. Cost $36.27 Unrealized —

AVUV AVANTIS U.S. SMALL CAP VALUE ETF 0.6%

Value ($000) $5,234 (+3.6%) Shares 51,319 (+1.1%) Est. Cost $96.04 Unrealized —

PRU PRUDENTIAL FINL INC COM 0.1%

Value ($000) $539 (+42.2%) Shares 4,774 (+30.7%) Est. Cost $114.15 Unrealized -6.7%

COWZ PACER US CASH COWS 100 ETF 0.1%

Value ($000) $747 (+26.7%) Shares 12,410 (+21.0%) Est. Cost $56.47 Unrealized —

DEM WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND 0.1%

Value ($000) $719 (+25.3%) Shares 15,400 (+23.4%) Est. Cost $45.73 Unrealized —

ISRG INTUITIVE SURGICAL INC COM NEW 0.1%

Value ($000) $590 (+30.3%) Shares 1,042 (+2.9%) Est. Cost $521.17 Unrealized +2.1%

CAT CATERPILLAR INC COM 0.1%

Value ($000) $683 (+21.6%) Shares 1,192 (+1.3%) Est. Cost $385.21 Unrealized +44.2%

ESGD ISHARES ESG AWARE MSCI EAFE ETF 0.1%

Value ($000) $749 (+18.9%) Shares 7,875 (+16.3%) Est. Cost $79.00 Unrealized —

LLY ELI LILLY & CO COM 0.0%

Value ($000) $349 (+51.6%) Shares 325 (+7.6%) Est. Cost $757.34 Unrealized +26.2%

YLD PRINCIPAL ACTIVE HIGH YIELD ETF 0.6%

Value ($000) $5,325 (+2.3%) Shares 280,193 (+4.6%) Est. Cost $19.13 Unrealized —

SPY STATE STR SPDR S&P 500 ETF TR TR UNIT 0.1%

Value ($000) $506 (+29.3%) Shares 743 (+26.4%) Est. Cost $606.93 Unrealized —

XLK STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF 0.9%

Value ($000) $7,713 (-1.5%) Shares 53,570 (+92.9%) Est. Cost $215.45 Unrealized —

NUSC NUVEEN ESG SMALL-CAP ETF 0.0%

Value ($000) $303 (+45.2%) Shares 6,792 (+43.4%) Est. Cost $41.92 Unrealized —

WFC WELLS FARGO & CO COM 0.1%

Value ($000) $705 (+14.7%) Shares 7,562 (+3.1%) Est. Cost $67.35 Unrealized +28.6%

XOM EXXON MOBIL CORP COM 0.0%

Value ($000) $314 (+26.8%) Shares 2,606 (+18.8%) Est. Cost $106.25 Unrealized +8.7%

DES WISDOMTREE U.S. SMALLCAP DIVIDEND FUND 0.0%

Value ($000) $359 (+22.4%) Shares 10,725 (+23.3%) Est. Cost $33.64 Unrealized —

AXP AMERICAN EXPRESS CO COM 0.0%

Value ($000) $306 (+16.4%) Shares 826 (+4.4%) Est. Cost $284.14 Unrealized +25.6%

AOA ISHARES CORE 80/20 AGGRESSIVE ALLOCATION ETF 0.1%

Value ($000) $1,118 (+3.7%) Shares 12,478 (+2.1%) Est. Cost $76.88 Unrealized —

MCK MCKESSON CORP COM 0.0%

Value ($000) $247 (+16.2%) Shares 301 (+9.5%) Est. Cost $712.75 Unrealized +14.4%

ADP AUTOMATIC DATA PROCESSING INC COM 0.0%

Value ($000) $228 (-11.2%) Shares 888 (+1.4%) Est. Cost $287.98 Unrealized -8.0%

BAC BANK AMERICA CORP COM 0.0%

Value ($000) $316 (+8.5%) Shares 5,752 (+1.7%) Est. Cost $42.13 Unrealized +25.0%

GEV GE VERNOVA INC COM 0.0%

Value ($000) $302 (+8.0%) Shares 462 (+1.5%) Est. Cost $424.64 Unrealized +43.4%

MSFT MICROSOFT CORP COM 0.2%

Value ($000) $1,508 (-1.2%) Shares 3,119 (+5.8%) Est. Cost $446.50 Unrealized +12.1%

NULG NUVEEN ESG LARGE-CAP GROWTH ETF 0.1%

Value ($000) $1,043 (+1.6%) Shares 10,660 (+3.4%) Est. Cost $86.02 Unrealized —

SPHY STATE STREET SPDR PORTFOLIO HIGH YIELD BOND ETF 0.0%

Value ($000) $290 (+3.4%) Shares 12,246 (+4.6%) Est. Cost $23.51 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW 0.0%

Value ($000) $231 (+3.4%) Shares 460 (+3.4%) Est. Cost $484.79 Unrealized +2.6%

IBIT ISHARES BITCOIN TRUST ETF 0.0%

Value ($000) $301 (+1.7%) Shares 6,071 (+33.1%) Est. Cost $61.18 Unrealized —

NAT NORDIC AMERICAN TANKERS LIMITE COM 0.0%

Value ($000) $37 (+13.8%) Shares 10,668 (+3.8%) Est. Cost $2.97 Unrealized +18.9%

META META PLATFORMS INC CL A 0.0%

Value ($000) $399 (+0.7%) Shares 605 (+12.0%) Est. Cost $668.94 Unrealized -0.2%

OBDC BLUE OWL CAPITAL CORPORATION COM 0.0%

Value ($000) $441 (+0.1%) Shares 35,443 (+2.8%) Est. Cost $13.09 Unrealized -5.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RECS	COLUMBIA RESEARCH ENHANCED CORE ETF	1,346,965 (+88.3%)	$55,010 (+90.6%)	6.1%	$37.35	—	ETF	19761L706
IAGG	ISHARES CORE INTERNATIONAL AGGREGATE BOND ETF	329,539 (+246.9%)	$16,480 (+238.6%)	1.8%	$50.32	—	ETF	46435G672
SCHF	SCHWAB INTERNATIONAL EQUITY ETF	3,432,739 (+5.2%)	$82,523 (+8.7%)	9.1%	$19.98	—	ETF	808524805
CALF	PACER US SMALL CAP CASH COWS ETF	345,837 (+44.8%)	$15,345 (+46.8%)	1.7%	$43.39	—	ETF	69374H857
FNDX	SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF	1,966,144 (+3.6%)	$53,499 (+7.2%)	5.9%	$24.26	—	ETF	808524771
BND	VANGUARD TOTAL BOND MARKET ETF	291,064 (+11.4%)	$21,559 (+11.0%)	2.4%	$72.26	—	ETF	921937835
IJH	ISHARES CORE S&P MID-CAP ETF	519,901 (+4.1%)	$34,313 (+5.2%)	3.8%	$62.39	—	ETF	464287507
CGHM	CAPITAL GROUP MUNICIPAL HIGH-INCOME ETF	75,965 (+589.0%)	$1,936 (+594.2%)	0.2%	$25.45	—	ETF	14020Y805
PULS	PGIM ULTRA SHORT BOND ETF	133,141 (+25.9%)	$6,602 (+25.3%)	0.7%	$49.63	—	ETF	69344A107
VTV	VANGUARD VALUE ETF	99,977 (+2.6%)	$19,095 (+5.0%)	2.1%	$171.91	—	ETF	922908744
FLCC	FEDERATED HERMES MDT LARGE CAP CORE ETF	406,416 (+3.8%)	$13,205 (+5.3%)	1.5%	$32.07	—	ETF	31423L503
XLY	STATE STREET CONSUMER DISCRETIONARY SELECT SECTOR SPDR ETF	65,742 (+109.4%)	$7,850 (+4.3%)	0.9%	$166.17	—	ETF	81369Y407
SPYI	NEOS S&P 500 HIGH INCOME ETF	34,086 (+21.2%)	$1,791 (+21.7%)	0.2%	$51.10	—	ETF	78433H303
XLC	STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF	68,201 (+4.7%)	$8,029 (+4.1%)	0.9%	$98.19	—	ETF	81369Y852
EWG	ISHARES MSCI GERMANY ETF	85,169 (+7.1%)	$3,620 (+9.4%)	0.4%	$41.67	—	ETF	464286806
QQQI	NEOS NASDAQ 100 HIGH INCOME ETF	32,725 (+22.1%)	$1,763 (+21.3%)	0.2%	$52.87	—	ETF	78433H675
QDPL	PACER METAURUS US LARGE CAP DIVIDEND MULTIPLIER 400 ETF	30,124 (+23.9%)	$1,280 (+25.6%)	0.1%	$39.68	—	ETF	69374H436
JMUB	JPMORGAN MUNICIPAL ETF	267,185 (+1.9%)	$13,493 (+2.0%)	1.5%	$50.16	—	ETF	46641Q647
IDV	ISHARES INTERNATIONAL SELECT DIVIDEND ETF	27,464 (+21.1%)	$1,083 (+30.7%)	0.1%	$34.90	—	ETF	464288448
JPLD	JPMORGAN LIMITED DURATION BOND ETF	10,013 (+80.9%)	$524 (+80.4%)	0.1%	$51.89	—	ETF	46654Q773
EWI	ISHARES MSCI ITALY ETF	65,818 (+1.6%)	$3,576 (+6.3%)	0.4%	$36.27	—	ETF	46434G830
AVUV	AVANTIS U.S. SMALL CAP VALUE ETF	51,319 (+1.1%)	$5,234 (+3.6%)	0.6%	$96.04	—	ETF	025072877
PRU	PRUDENTIAL FINL INC COM	4,774 (+30.7%)	$539 (+42.2%)	0.1%	$114.15	-6.7%	Stock	744320102
COWZ	PACER US CASH COWS 100 ETF	12,410 (+21.0%)	$747 (+26.7%)	0.1%	$56.47	—	ETF	69374H881
DEM	WISDOMTREE EMERGING MARKETS HIGH DIVIDEND FUND	15,400 (+23.4%)	$719 (+25.3%)	0.1%	$45.73	—	ETF	97717W315
ISRG	INTUITIVE SURGICAL INC COM NEW	1,042 (+2.9%)	$590 (+30.3%)	0.1%	$521.17	+2.1%	Stock	46120E602
CAT	CATERPILLAR INC COM	1,192 (+1.3%)	$683 (+21.6%)	0.1%	$385.21	+44.2%	Stock	149123101
ESGD	ISHARES ESG AWARE MSCI EAFE ETF	7,875 (+16.3%)	$749 (+18.9%)	0.1%	$79.00	—	ETF	46435G516
LLY	ELI LILLY & CO COM	325 (+7.6%)	$349 (+51.6%)	0.0%	$757.34	+26.2%	Stock	532457108
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF	280,193 (+4.6%)	$5,325 (+2.3%)	0.6%	$19.13	—	ETF	74255Y102
SPY	STATE STR SPDR S&P 500 ETF TR TR UNIT	743 (+26.4%)	$506 (+29.3%)	0.1%	$606.93	—	ETF	78462F103
XLK	STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF	53,570 (+92.9%)	$7,713 (-1.5%)	0.9%	$215.45	—	ETF	81369Y803
NUSC	NUVEEN ESG SMALL-CAP ETF	6,792 (+43.4%)	$303 (+45.2%)	0.0%	$41.92	—	ETF	67092P607
WFC	WELLS FARGO & CO COM	7,562 (+3.1%)	$705 (+14.7%)	0.1%	$67.35	+28.6%	Stock	949746101
XOM	EXXON MOBIL CORP COM	2,606 (+18.8%)	$314 (+26.8%)	0.0%	$106.25	+8.7%	Stock	30231G102
DES	WISDOMTREE U.S. SMALLCAP DIVIDEND FUND	10,725 (+23.3%)	$359 (+22.4%)	0.0%	$33.64	—	ETF	97717W604
AXP	AMERICAN EXPRESS CO COM	826 (+4.4%)	$306 (+16.4%)	0.0%	$284.14	+25.6%	Stock	025816109
AOA	ISHARES CORE 80/20 AGGRESSIVE ALLOCATION ETF	12,478 (+2.1%)	$1,118 (+3.7%)	0.1%	$76.88	—	ETF	464289859
MCK	MCKESSON CORP COM	301 (+9.5%)	$247 (+16.2%)	0.0%	$712.75	+14.4%	Stock	58155Q103
ADP	AUTOMATIC DATA PROCESSING INC COM	888 (+1.4%)	$228 (-11.2%)	0.0%	$287.98	-8.0%	Stock	053015103
BAC	BANK AMERICA CORP COM	5,752 (+1.7%)	$316 (+8.5%)	0.0%	$42.13	+25.0%	Stock	060505104
GEV	GE VERNOVA INC COM	462 (+1.5%)	$302 (+8.0%)	0.0%	$424.64	+43.4%	Stock	36828A101
MSFT	MICROSOFT CORP COM	3,119 (+5.8%)	$1,508 (-1.2%)	0.2%	$446.50	+12.1%	Stock	594918104
NULG	NUVEEN ESG LARGE-CAP GROWTH ETF	10,660 (+3.4%)	$1,043 (+1.6%)	0.1%	$86.02	—	ETF	67092P201
SPHY	STATE STREET SPDR PORTFOLIO HIGH YIELD BOND ETF	12,246 (+4.6%)	$290 (+3.4%)	0.0%	$23.51	—	ETF	78468R606
BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	460 (+3.4%)	$231 (+3.4%)	0.0%	$484.79	+2.6%	Stock	084670702
IBIT	ISHARES BITCOIN TRUST ETF	6,071 (+33.1%)	$301 (+1.7%)	0.0%	$61.18	—	ETF	46438F101
NAT	NORDIC AMERICAN TANKERS LIMITE COM	10,668 (+3.8%)	$37 (+13.8%)	0.0%	$2.97	+18.9%	Stock	G65773106
META	META PLATFORMS INC CL A	605 (+12.0%)	$399 (+0.7%)	0.0%	$668.94	-0.2%	Stock	30303M102
OBDC	BLUE OWL CAPITAL CORPORATION COM	35,443 (+2.8%)	$441 (+0.1%)	0.0%	$13.09	-5.7%	CEF	69121K104

Exited Positions (12)

VMBS VANGUARD MORTGAGE-BACKED SECURITIES ETF 3.1%

Value ($000) $28,051 Shares 597,332 Est. Cost $45.70 Unrealized —

HYDB ISHARES HIGH YIELD SYSTEMATIC BOND ETF 1.4%

Value ($000) $12,576 Shares 262,857 Est. Cost $47.51 Unrealized —

XLF FINANCIAL SELECT SECTOR SPDR FUND 0.8%

Value ($000) $7,410 Shares 137,553 Est. Cost $49.98 Unrealized —

EWQ ISHARES MSCI FRANCE ETF 0.4%

Value ($000) $3,365 Shares 76,602 Est. Cost $40.11 Unrealized —

EWJ ISHARES MSCI JAPAN ETF 0.4%

Value ($000) $3,348 Shares 41,740 Est. Cost $75.10 Unrealized —

GGG GRACO INC COM 0.0%

Value ($000) $265 Shares 3,125 Est. Cost $85.20 Unrealized -3.8%

COST COSTCO WHSL CORP NEW COM 0.0%

Value ($000) $259 Shares 279 Est. Cost $985.36 Unrealized -8.1%

ORCL ORACLE CORP COM 0.0%

Value ($000) $256 Shares 909 Est. Cost $160.80 Unrealized +48.0%

LEN LENNAR CORP CL A 0.0%

Value ($000) $232 Shares 1,843 Est. Cost $150.15 Unrealized -19.6%

ABT ABBOTT LABS COM 0.0%

Value ($000) $228 Shares 1,704 Est. Cost $130.60 Unrealized -2.5%

URI UNITED RENTALS INC COM 0.0%

Value ($000) $220 Shares 231 Est. Cost $665.35 Unrealized +30.3%

HON HONEYWELL INTL INC COM 0.0%

Value ($000) $202 Shares 961 Est. Cost $203.46 Unrealized -4.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VMBS	VANGUARD MORTGAGE-BACKED SECURITIES ETF	597,332	$28,051	3.1%	$45.70	—	—	92206C771
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	262,857	$12,576	1.4%	$47.51	—	—	46435G250
XLF	FINANCIAL SELECT SECTOR SPDR FUND	137,553	$7,410	0.8%	$49.98	—	—	81369Y605
EWQ	ISHARES MSCI FRANCE ETF	76,602	$3,365	0.4%	$40.11	—	—	464286707
EWJ	ISHARES MSCI JAPAN ETF	41,740	$3,348	0.4%	$75.10	—	—	46434G822
GGG	GRACO INC COM	3,125	$265	0.0%	$85.20	-3.8%	—	384109104
COST	COSTCO WHSL CORP NEW COM	279	$259	0.0%	$985.36	-8.1%	—	22160K105
ORCL	ORACLE CORP COM	909	$256	0.0%	$160.80	+48.0%	—	68389X105
LEN	LENNAR CORP CL A	1,843	$232	0.0%	$150.15	-19.6%	—	526057104
ABT	ABBOTT LABS COM	1,704	$228	0.0%	$130.60	-2.5%	—	002824100
URI	UNITED RENTALS INC COM	231	$220	0.0%	$665.35	+30.3%	—	911363109
HON	HONEYWELL INTL INC COM	961	$202	0.0%	$203.46	-4.1%	—	438516106

Decreased Positions (46)

IVV ISHARES CORE S&P 500 ETF 5.7%

Value ($000) $51,307 (-67.5%) Shares 74,908 (-68.2%) Est. Cost $590.62 Unrealized —

VUG VANGUARD GROWTH ETF 3.4%

Value ($000) $30,680 (-74.5%) Shares 62,886 (-74.9%) Est. Cost $430.13 Unrealized —

SIHY HARBOR SCIENTIFIC ALPHA HIGH-YIELD ETF 0.8%

Value ($000) $7,262 (-56.6%) Shares 158,985 (-56.0%) Est. Cost $44.78 Unrealized —

CGMS CAPITAL GROUP U.S. MULTI-SECTOR INCOME ETF 2.0%

Value ($000) $18,510 (-20.3%) Shares 670,156 (-20.0%) Est. Cost $27.36 Unrealized —

FLXR TCW FLEXIBLE INCOME ETF 1.2%

Value ($000) $11,063 (-29.6%) Shares 279,374 (-29.2%) Est. Cost $39.28 Unrealized —

SPEM SPDR PORTFOLIO EMERGING MARKETS ETF 5.1%

Value ($000) $46,100 (-6.2%) Shares 984,839 (-6.2%) Est. Cost $40.35 Unrealized —

ICVT ISHARES CONVERTIBLE BOND ETF 1.3%

Value ($000) $11,679 (-15.0%) Shares 118,571 (-13.7%) Est. Cost $85.51 Unrealized —

IGEB ISHARES INVESTMENT GRADE SYSTEMATIC BOND ETF 0.9%

Value ($000) $8,458 (-9.1%) Shares 185,241 (-8.4%) Est. Cost $44.62 Unrealized —

FLMI FRANKLIN DYNAMIC MUNICIPAL BOND ETF 0.6%

Value ($000) $5,397 (-10.8%) Shares 217,015 (-11.1%) Est. Cost $24.44 Unrealized —

AOR ISHARES CORE 60/40 BALANCED ALLOCATION ETF 0.4%

Value ($000) $4,004 (-10.4%) Shares 61,583 (-11.3%) Est. Cost $57.32 Unrealized —

UNH UNITEDHEALTH GROUP INC COM 0.1%

Value ($000) $1,155 (-17.5%) Shares 3,498 (-13.7%) Est. Cost $524.49 Unrealized -35.7%

GOOGL ALPHABET INC CAP STK CL A 0.2%

Value ($000) $1,561 (+18.2%) Shares 4,986 (-8.2%) Est. Cost $174.59 Unrealized +63.6%

NVDA NVIDIA CORPORATION COM 0.3%

Value ($000) $2,518 (-8.0%) Shares 13,501 (-8.0%) Est. Cost $134.88 Unrealized +38.0%

AOK ISHARES CORE 30/70 CONSERVATIVE ALLOCATION ETF 0.1%

Value ($000) $1,259 (-7.4%) Shares 31,382 (-7.3%) Est. Cost $37.30 Unrealized —

AGG ISHARES CORE U.S. AGGREGATE BOND ETF 0.1%

Value ($000) $565 (-14.8%) Shares 5,659 (-14.5%) Est. Cost $97.29 Unrealized —

LNG CHENIERE ENERGY INC COM NEW 0.0%

Value ($000) $252 (-25.3%) Shares 1,294 (-9.6%) Est. Cost $203.03 Unrealized +3.4%

ESGE ISHARES ESG AWARE MSCI EM ETF 0.0%

Value ($000) $435 (-13.8%) Shares 9,854 (-15.2%) Est. Cost $34.16 Unrealized —

GOOG ALPHABET INC CAP STK CL C 0.0%

Value ($000) $393 (+21.1%) Shares 1,253 (-6.0%) Est. Cost $175.50 Unrealized +63.2%

BSX BOSTON SCIENTIFIC CORP COM 0.2%

Value ($000) $1,669 (-3.8%) Shares 17,507 (-1.5%) Est. Cost $89.28 Unrealized +9.8%

KKR KKR & CO INC COM 0.0%

Value ($000) $264 (-18.1%) Shares 2,069 (-16.5%) Est. Cost $145.39 Unrealized -14.5%

AOM ISHARES CORE 40/60 MODERATE ALLOCATION ETF 0.1%

Value ($000) $1,247 (-4.0%) Shares 26,127 (-4.3%) Est. Cost $43.44 Unrealized —

HD HOME DEPOT INC COM 0.0%

Value ($000) $216 (-18.6%) Shares 629 (-4.1%) Est. Cost $394.76 Unrealized -7.6%

SKYY FIRST TRUST CLOUD COMPUTING ETF 0.0%

Value ($000) $237 (-16.6%) Shares 1,822 (-13.9%) Est. Cost $119.12 Unrealized —

VONG VANGUARD RUSSELL 1000 GROWTH ETF 0.1%

Value ($000) $554 (-7.5%) Shares 4,551 (-8.4%) Est. Cost $103.31 Unrealized —

AMZN AMAZON COM INC COM 0.2%

Value ($000) $1,606 (+2.7%) Shares 6,958 (-2.3%) Est. Cost $204.58 Unrealized +11.8%

ADI ANALOG DEVICES INC COM 0.0%

Value ($000) $206 (-15.4%) Shares 760 (-23.3%) Est. Cost $216.79 Unrealized +15.6%

TGT TARGET CORP COM 0.1%

Value ($000) $520 (+6.9%) Shares 5,320 (-1.9%) Est. Cost $133.20 Unrealized -31.2%

XEL XCEL ENERGY INC COM 0.0%

Value ($000) $249 (-10.7%) Shares 3,367 (-2.5%) Est. Cost $64.51 Unrealized +21.4%

JPM JPMORGAN CHASE & CO. COM 0.1%

Value ($000) $491 (-5.6%) Shares 1,525 (-7.6%) Est. Cost $234.02 Unrealized +32.3%

SCHD SCHWAB US DIVIDEND EQUITY ETF 0.3%

Value ($000) $2,701 (-1.1%) Shares 98,456 (-1.5%) Est. Cost $27.21 Unrealized —

VEA VANGUARD FTSE DEVELOPED MARKETS ETF 0.0%

Value ($000) $321 (-7.9%) Shares 5,139 (-11.6%) Est. Cost $48.73 Unrealized —

NULV NUVEEN ESG LARGE-CAP VALUE ETF 0.1%

Value ($000) $886 (-3.0%) Shares 19,656 (-5.6%) Est. Cost $39.87 Unrealized —

MUB ISHARES NATIONAL MUNI BOND ETF 0.0%

Value ($000) $403 (-5.9%) Shares 3,764 (-6.5%) Est. Cost $106.12 Unrealized —

QQQ INVESCO QQQ TRUST SERIES I 0.1%

Value ($000) $518 (-3.1%) Shares 844 (-5.3%) Est. Cost $513.58 Unrealized —

EAGG ISHARES ESG AWARE US AGGREGATE BOND ETF 0.0%

Value ($000) $264 (-5.9%) Shares 5,521 (-5.5%) Est. Cost $46.73 Unrealized —

VHT VANGUARD HEALTH CARE ETF 0.0%

Value ($000) $206 (-6.6%) Shares 716 (-15.9%) Est. Cost $253.66 Unrealized —

WMT WALMART INC COM 0.0%

Value ($000) $286 (+4.9%) Shares 2,566 (-3.0%) Est. Cost $95.24 Unrealized +12.6%

SCHB SCHWAB U.S. BROAD MARKET ETF 0.1%

Value ($000) $1,015 (-1.0%) Shares 38,679 (-2.9%) Est. Cost $22.70 Unrealized —

JNJ JOHNSON & JOHNSON COM 0.0%

Value ($000) $283 (+3.1%) Shares 1,368 (-7.6%) Est. Cost $152.88 Unrealized +28.9%

MS MORGAN STANLEY COM NEW 0.0%

Value ($000) $221 (-3.4%) Shares 1,245 (-13.4%) Est. Cost $119.68 Unrealized +39.1%

ESGU ISHARES ESG AWARE MSCI USA ETF 0.2%

Value ($000) $1,939 (+0.3%) Shares 13,018 (-1.9%) Est. Cost $129.52 Unrealized —

VIG VANGUARD DIVIDEND APPRECIATION ETF 0.1%

Value ($000) $865 (-0.7%) Shares 3,937 (-2.5%) Est. Cost $195.83 Unrealized —

ITOT ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF 0.2%

Value ($000) $1,943 (-0.1%) Shares 13,066 (-2.2%) Est. Cost $128.49 Unrealized —

IJR ISHARES CORE S&P SMALL CAP ETF 0.1%

Value ($000) $456 (-0.5%) Shares 3,798 (-1.6%) Est. Cost $115.22 Unrealized —

MMM 3M CO COM 0.1%

Value ($000) $662 (+0.1%) Shares 4,138 (-3.0%) Est. Cost $128.82 Unrealized +26.7%

TJX TJX COS INC NEW COM 0.0%

Value ($000) $247 (0.0%) Shares 1,611 (-5.9%) Est. Cost $126.18 Unrealized +17.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES CORE S&P 500 ETF	74,908 (-68.2%)	$51,307 (-67.5%)	5.7%	$590.62	—	ETF	464287200
VUG	VANGUARD GROWTH ETF	62,886 (-74.9%)	$30,680 (-74.5%)	3.4%	$430.13	—	ETF	922908736
SIHY	HARBOR SCIENTIFIC ALPHA HIGH-YIELD ETF	158,985 (-56.0%)	$7,262 (-56.6%)	0.8%	$44.78	—	ETF	41151J109
CGMS	CAPITAL GROUP U.S. MULTI-SECTOR INCOME ETF	670,156 (-20.0%)	$18,510 (-20.3%)	2.0%	$27.36	—	ETF	14020Y300
FLXR	TCW FLEXIBLE INCOME ETF	279,374 (-29.2%)	$11,063 (-29.6%)	1.2%	$39.28	—	ETF	29287L700
SPEM	SPDR PORTFOLIO EMERGING MARKETS ETF	984,839 (-6.2%)	$46,100 (-6.2%)	5.1%	$40.35	—	ETF	78463X509
ICVT	ISHARES CONVERTIBLE BOND ETF	118,571 (-13.7%)	$11,679 (-15.0%)	1.3%	$85.51	—	ETF	46435G102
IGEB	ISHARES INVESTMENT GRADE SYSTEMATIC BOND ETF	185,241 (-8.4%)	$8,458 (-9.1%)	0.9%	$44.62	—	ETF	46435G219
FLMI	FRANKLIN DYNAMIC MUNICIPAL BOND ETF	217,015 (-11.1%)	$5,397 (-10.8%)	0.6%	$24.44	—	ETF	35473P868
AOR	ISHARES CORE 60/40 BALANCED ALLOCATION ETF	61,583 (-11.3%)	$4,004 (-10.4%)	0.4%	$57.32	—	ETF	464289867
UNH	UNITEDHEALTH GROUP INC COM	3,498 (-13.7%)	$1,155 (-17.5%)	0.1%	$524.49	-35.7%	Stock	91324P102
GOOGL	ALPHABET INC CAP STK CL A	4,986 (-8.2%)	$1,561 (+18.2%)	0.2%	$174.59	+63.6%	Stock	02079K305
NVDA	NVIDIA CORPORATION COM	13,501 (-8.0%)	$2,518 (-8.0%)	0.3%	$134.88	+38.0%	Stock	67066G104
AOK	ISHARES CORE 30/70 CONSERVATIVE ALLOCATION ETF	31,382 (-7.3%)	$1,259 (-7.4%)	0.1%	$37.30	—	ETF	464289883
AGG	ISHARES CORE U.S. AGGREGATE BOND ETF	5,659 (-14.5%)	$565 (-14.8%)	0.1%	$97.29	—	ETF	464287226
LNG	CHENIERE ENERGY INC COM NEW	1,294 (-9.6%)	$252 (-25.3%)	0.0%	$203.03	+3.4%	Stock	16411R208
ESGE	ISHARES ESG AWARE MSCI EM ETF	9,854 (-15.2%)	$435 (-13.8%)	0.0%	$34.16	—	ETF	46434G863
GOOG	ALPHABET INC CAP STK CL C	1,253 (-6.0%)	$393 (+21.1%)	0.0%	$175.50	+63.2%	Stock	02079K107
BSX	BOSTON SCIENTIFIC CORP COM	17,507 (-1.5%)	$1,669 (-3.8%)	0.2%	$89.28	+9.8%	Stock	101137107
KKR	KKR & CO INC COM	2,069 (-16.5%)	$264 (-18.1%)	0.0%	$145.39	-14.5%	Stock	48251W104
AOM	ISHARES CORE 40/60 MODERATE ALLOCATION ETF	26,127 (-4.3%)	$1,247 (-4.0%)	0.1%	$43.44	—	ETF	464289875
HD	HOME DEPOT INC COM	629 (-4.1%)	$216 (-18.6%)	0.0%	$394.76	-7.6%	Stock	437076102
SKYY	FIRST TRUST CLOUD COMPUTING ETF	1,822 (-13.9%)	$237 (-16.6%)	0.0%	$119.12	—	ETF	33734X192
VONG	VANGUARD RUSSELL 1000 GROWTH ETF	4,551 (-8.4%)	$554 (-7.5%)	0.1%	$103.31	—	ETF	92206C680
AMZN	AMAZON COM INC COM	6,958 (-2.3%)	$1,606 (+2.7%)	0.2%	$204.58	+11.8%	Stock	023135106
ADI	ANALOG DEVICES INC COM	760 (-23.3%)	$206 (-15.4%)	0.0%	$216.79	+15.6%	Stock	032654105
TGT	TARGET CORP COM	5,320 (-1.9%)	$520 (+6.9%)	0.1%	$133.20	-31.2%	Stock	87612E106
XEL	XCEL ENERGY INC COM	3,367 (-2.5%)	$249 (-10.7%)	0.0%	$64.51	+21.4%	Stock	98389B100
JPM	JPMORGAN CHASE & CO. COM	1,525 (-7.6%)	$491 (-5.6%)	0.1%	$234.02	+32.3%	Stock	46625H100
SCHD	SCHWAB US DIVIDEND EQUITY ETF	98,456 (-1.5%)	$2,701 (-1.1%)	0.3%	$27.21	—	ETF	808524797
VEA	VANGUARD FTSE DEVELOPED MARKETS ETF	5,139 (-11.6%)	$321 (-7.9%)	0.0%	$48.73	—	ETF	921943858
NULV	NUVEEN ESG LARGE-CAP VALUE ETF	19,656 (-5.6%)	$886 (-3.0%)	0.1%	$39.87	—	ETF	67092P300
MUB	ISHARES NATIONAL MUNI BOND ETF	3,764 (-6.5%)	$403 (-5.9%)	0.0%	$106.12	—	ETF	464288414
QQQ	INVESCO QQQ TRUST SERIES I	844 (-5.3%)	$518 (-3.1%)	0.1%	$513.58	—	ETF	46090E103
EAGG	ISHARES ESG AWARE US AGGREGATE BOND ETF	5,521 (-5.5%)	$264 (-5.9%)	0.0%	$46.73	—	ETF	46435U549
VHT	VANGUARD HEALTH CARE ETF	716 (-15.9%)	$206 (-6.6%)	0.0%	$253.66	—	ETF	92204A504
WMT	WALMART INC COM	2,566 (-3.0%)	$286 (+4.9%)	0.0%	$95.24	+12.6%	Stock	931142103
SCHB	SCHWAB U.S. BROAD MARKET ETF	38,679 (-2.9%)	$1,015 (-1.0%)	0.1%	$22.70	—	ETF	808524102
JNJ	JOHNSON & JOHNSON COM	1,368 (-7.6%)	$283 (+3.1%)	0.0%	$152.88	+28.9%	Stock	478160104
MS	MORGAN STANLEY COM NEW	1,245 (-13.4%)	$221 (-3.4%)	0.0%	$119.68	+39.1%	Stock	617446448
ESGU	ISHARES ESG AWARE MSCI USA ETF	13,018 (-1.9%)	$1,939 (+0.3%)	0.2%	$129.52	—	ETF	46435G425
VIG	VANGUARD DIVIDEND APPRECIATION ETF	3,937 (-2.5%)	$865 (-0.7%)	0.1%	$195.83	—	ETF	921908844
ITOT	ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF	13,066 (-2.2%)	$1,943 (-0.1%)	0.2%	$128.49	—	ETF	464287150
IJR	ISHARES CORE S&P SMALL CAP ETF	3,798 (-1.6%)	$456 (-0.5%)	0.1%	$115.22	—	ETF	464287804
MMM	3M CO COM	4,138 (-3.0%)	$662 (+0.1%)	0.1%	$128.82	+26.7%	Stock	88579Y101
TJX	TJX COS INC NEW COM	1,611 (-5.9%)	$247 (0.0%)	0.0%	$126.18	+17.1%	Stock	872540109

Unchanged Positions (16)

AAPL APPLE INC COM 0.6%

Value ($000) $5,273 Shares 19,397 Est. Cost $233.00 Unrealized +15.2%

GOVT ISHARES U.S. TREASURY BOND ETF 3.1%

Value ($000) $27,639 Shares 1,200,388 Est. Cost $22.99 Unrealized —

FAST FASTENAL CO COM 0.1%

Value ($000) $518 Shares 12,901 Est. Cost $46.94 Unrealized -10.5%

HWKN HAWKINS INC COM 0.0%

Value ($000) $336 Shares 2,364 Est. Cost $126.17 Unrealized +16.7%

FICO FAIR ISAAC CORP COM 0.0%

Value ($000) $308 Shares 182 Est. Cost $2135.94 Unrealized -19.4%

AMP AMERIPRISE FINL INC COM 0.3%

Value ($000) $2,742 Shares 5,592 Est. Cost $526.39 Unrealized -10.0%

TSLA TESLA INC COM 0.2%

Value ($000) $2,229 Shares 4,957 Est. Cost $321.75 Unrealized +37.8%

AVGO BROADCOM INC COM 0.0%

Value ($000) $451 Shares 1,303 Est. Cost $236.75 Unrealized +50.8%

VTI VANGUARD TOTAL STOCK MARKET ETF 0.1%

Value ($000) $836 Shares 2,493 Est. Cost $289.87 Unrealized —

GE GE AEROSPACE COM NEW 0.1%

Value ($000) $570 Shares 1,851 Est. Cost $181.95 Unrealized +65.3%

PBDE PGIM S&P 500 BUFFER 20 ETF - DECEMBER 0.0%

Value ($000) $277 Shares 9,395 Est. Cost $25.99 Unrealized —

MDT MEDTRONIC PLC SHS 0.0%

Value ($000) $417 Shares 4,341 Est. Cost $83.95 Unrealized +15.7%

VNQ VANGUARD REAL ESTATE ETF 0.0%

Value ($000) $209 Shares 2,357 Est. Cost $89.07 Unrealized —

VGT VANGUARD INFORMATION TECHNOLOGY ETF 0.0%

Value ($000) $222 Shares 294 Est. Cost $663.30 Unrealized —

COCH ENVOY MEDICAL INC CL A 0.0%

Value ($000) $7 Shares 10,454 Est. Cost $2.27 Unrealized -65.1%

HBAN HUNTINGTON BANCSHARES INC COM 0.0%

Value ($000) $255 Shares 14,681 Est. Cost $14.70 Unrealized +10.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC COM	19,397	$5,273	0.6%	$233.00	+15.2%	Stock	037833100
GOVT	ISHARES U.S. TREASURY BOND ETF	1,200,388	$27,639	3.1%	$22.99	—	ETF	46429B267
FAST	FASTENAL CO COM	12,901	$518	0.1%	$46.94	-10.5%	Stock	311900104
HWKN	HAWKINS INC COM	2,364	$336	0.0%	$126.17	+16.7%	Stock	420261109
FICO	FAIR ISAAC CORP COM	182	$308	0.0%	$2135.94	-19.4%	Stock	303250104
AMP	AMERIPRISE FINL INC COM	5,592	$2,742	0.3%	$526.39	-10.0%	Stock	03076C106
TSLA	TESLA INC COM	4,957	$2,229	0.2%	$321.75	+37.8%	Stock	88160R101
AVGO	BROADCOM INC COM	1,303	$451	0.0%	$236.75	+50.8%	Stock	11135F101
VTI	VANGUARD TOTAL STOCK MARKET ETF	2,493	$836	0.1%	$289.87	—	ETF	922908769
GE	GE AEROSPACE COM NEW	1,851	$570	0.1%	$181.95	+65.3%	Stock	369604301
PBDE	PGIM S&P 500 BUFFER 20 ETF - DECEMBER	9,395	$277	0.0%	$25.99	—	ETF	69420N759
MDT	MEDTRONIC PLC SHS	4,341	$417	0.0%	$83.95	+15.7%	Stock	G5960L103
VNQ	VANGUARD REAL ESTATE ETF	2,357	$209	0.0%	$89.07	—	ETF	922908553
VGT	VANGUARD INFORMATION TECHNOLOGY ETF	294	$222	0.0%	$663.30	—	ETF	92204A702
COCH	ENVOY MEDICAL INC CL A	10,454	$7	0.0%	$2.27	-65.1%	Stock	29415V109
HBAN	HUNTINGTON BANCSHARES INC COM	14,681	$255	0.0%	$14.70	+10.8%	Stock	446150104