PCG ASSET MANAGEMENT, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIV	VANGUARD BD INDEX FDS	70,485 (+3.7%)	$5,560 (+4.7%)	4.4%	$75.05	—	INTERMED TERM	921937819
BND	VANGUARD BD INDEX FDS	32,500 (+9.8%)	$2,440 (+10.8%)	1.9%	$72.23	—	TOTAL BND MRKT	921937835
BSV	VANGUARD BD INDEX FDS	78,500 (+1.2%)	$6,265 (+2.4%)	5.0%	$77.40	—	SHORT TRM BOND	921937827
IEFA	ISHARES TR	13,045 (+2.5%)	$1,180 (+6.2%)	0.9%	$72.00	—	CORE MSCI EAFE	46432F842
META	META PLATFORMS INC	1,373 (+4.2%)	$908 (-6.2%)	0.7%	$588.05	+13.5%	CL A	30303M102
RSP	INVESCO EXCHANGE TRADED FD T	3,406 (+7.4%)	$656 (+9.0%)	0.5%	$175.96	—	S&P500 EQL WGT	46137V357
XLY	SELECT SECTOR SPDR TR	33,909 (+97.1%)	$4,083 (-1.0%)	3.3%	$172.91	—	STATE STREET CON	81369Y407
XLB	SELECT SECTOR SPDR TR	20,971 (+98.4%)	$972 (+2.6%)	0.8%	$65.40	—	STATE STREET MAT	81369Y100
XLK	SELECT SECTOR SPDR TR	28,601 (+95.5%)	$4,146 (+0.6%)	3.3%	$189.31	—	STATE STREET TEC	81369Y803
XLU	SELECT SECTOR SPDR TR	21,884 (+94.9%)	$956 (-2.3%)	0.8%	$60.11	—	STATE STREET UTI	81369Y886
NVDA	NVIDIA CORPORATION	5,822 (+1.3%)	$1,092 (+1.8%)	0.9%	$136.60	+36.3%	COM	67066G104
VO	VANGUARD INDEX FDS	1,206 (+6.4%)	$351 (+5.5%)	0.3%	$265.89	—	MID CAP ETF	922908629
XLE	SELECT SECTOR SPDR TR	20,568 (+95.0%)	$940 (-0.2%)	0.7%	$66.20	—	STATE STREET ENE	81369Y506

Exited Positions (1)

ADP AUTOMATIC DATA PROCESSING IN 0.2%

Value ($000) $264 Shares 900 Est. Cost $302.36 Unrealized -12.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ADP	AUTOMATIC DATA PROCESSING IN	900	$264	0.2%	$302.36	-12.4%	—	053015103

Decreased Positions (54)

MSFT MICROSOFT CORP 2.8%

Value ($000) $3,463 (-11.9%) Shares 7,145 (-5.8%) Est. Cost $422.35 Unrealized +18.5%

GOOG ALPHABET INC 2.1%

Value ($000) $2,580 (+20.0%) Shares 8,197 (-7.1%) Est. Cost $175.67 Unrealized +63.0%

HD HOME DEPOT INC 1.0%

Value ($000) $1,270 (-21.5%) Shares 3,680 (-7.8%) Est. Cost $397.26 Unrealized -8.2%

XLV SELECT SECTOR SPDR TR 2.4%

Value ($000) $3,067 (+10.3%) Shares 19,682 (-1.5%) Est. Cost $137.80 Unrealized —

JPM JPMORGAN CHASE & CO. 2.2%

Value ($000) $2,781 (-6.8%) Shares 8,604 (-9.0%) Est. Cost $228.03 Unrealized +35.7%

GOOGL ALPHABET INC 0.8%

Value ($000) $1,033 (+23.0%) Shares 3,290 (-4.8%) Est. Cost $174.14 Unrealized +64.0%

AAPL APPLE INC 3.9%

Value ($000) $4,942 (+3.9%) Shares 18,111 (-3.0%) Est. Cost $234.51 Unrealized +14.4%

SHY ISHARES TR 3.6%

Value ($000) $4,526 (-3.7%) Shares 54,000 (-4.7%) Est. Cost $82.00 Unrealized —

LLY ELI LILLY & CO 0.4%

Value ($000) $495 (+39.5%) Shares 460 (-1.1%) Est. Cost $817.48 Unrealized +16.9%

PG PROCTER AND GAMBLE CO 0.7%

Value ($000) $831 (-12.7%) Shares 5,758 (-7.0%) Est. Cost $165.73 Unrealized -11.2%

MRK MERCK & CO INC 0.5%

Value ($000) $600 (+22.3%) Shares 5,647 (-3.4%) Est. Cost $98.70 Unrealized -5.5%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $1,082 (-8.9%) Shares 2,148 (-9.1%) Est. Cost $461.73 Unrealized +7.8%

JNJ JOHNSON & JOHNSON 1.1%

Value ($000) $1,325 (+8.7%) Shares 6,372 (-3.1%) Est. Cost $149.59 Unrealized +31.7%

VGT VANGUARD WORLD FD 3.6%

Value ($000) $4,455 (-2.3%) Shares 5,901 (-3.3%) Est. Cost $620.20 Unrealized —

AMAT APPLIED MATLS INC 0.5%

Value ($000) $641 (+18.8%) Shares 2,485 (-5.7%) Est. Cost $179.18 Unrealized +33.7%

HON HONEYWELL INTL INC 0.5%

Value ($000) $591 (-12.6%) Shares 3,016 (-6.2%) Est. Cost $203.54 Unrealized -4.2%

AMZN AMAZON COM INC 2.0%

Value ($000) $2,525 (+3.5%) Shares 10,892 (-2.0%) Est. Cost $204.58 Unrealized +11.8%

CAT CATERPILLAR INC 0.4%

Value ($000) $499 (+18.2%) Shares 870 (-1.7%) Est. Cost $376.20 Unrealized +47.7%

SPY SPDR S&P 500 ETF TR 16.8%

Value ($000) $21,094 (+0.4%) Shares 30,888 (-2.1%) Est. Cost $586.10 Unrealized —

BLK BLACKROCK INC 0.5%

Value ($000) $681 (-10.1%) Shares 636 (-2.2%) Est. Cost $990.75 Unrealized +10.0%

SMH VANECK ETF TRUST 0.8%

Value ($000) $988 (+7.7%) Shares 2,735 (-2.7%) Est. Cost $242.51 Unrealized —

RTX RTX CORPORATION 0.5%

Value ($000) $630 (+8.1%) Shares 3,415 (-1.9%) Est. Cost $118.27 Unrealized +46.6%

VZ VERIZON COMMUNICATIONS INC 0.4%

Value ($000) $527 (-8.0%) Shares 12,638 (-3.1%) Est. Cost $39.40 Unrealized +2.8%

WMT WALMART INC 0.6%

Value ($000) $800 (+4.9%) Shares 7,120 (-3.8%) Est. Cost $85.80 Unrealized +24.9%

BMY BRISTOL-MYERS SQUIBB CO 0.2%

Value ($000) $264 (+16.4%) Shares 4,800 (-4.5%) Est. Cost $52.58 Unrealized -9.6%

XOM EXXON MOBIL CORP 0.6%

Value ($000) $734 (+5.3%) Shares 6,050 (-2.2%) Est. Cost $112.17 Unrealized +3.0%

XLC SELECT SECTOR SPDR TR 1.8%

Value ($000) $2,218 (-1.5%) Shares 18,682 (-1.8%) Est. Cost $96.81 Unrealized —

DIS DISNEY WALT CO 0.6%

Value ($000) $702 (-4.3%) Shares 6,115 (-4.5%) Est. Cost $103.52 Unrealized +5.8%

T AT&T INC 0.2%

Value ($000) $247 (-11.3%) Shares 9,540 (-3.0%) Est. Cost $27.25 Unrealized -7.2%

CVX CHEVRON CORP NEW 0.5%

Value ($000) $594 (-4.9%) Shares 3,869 (-3.7%) Est. Cost $145.50 Unrealized +4.1%

APD AIR PRODS & CHEMS INC 0.2%

Value ($000) $216 (-12.1%) Shares 870 (-3.3%) Est. Cost $303.91 Unrealized -17.2%

SGOV ISHARES TR 3.5%

Value ($000) $4,331 (-0.7%) Shares 42,718 (-1.3%) Est. Cost $100.38 Unrealized —

PEG PUBLIC SVC ENTERPRISE GRP IN 0.4%

Value ($000) $441 (-6.2%) Shares 5,430 (-3.7%) Est. Cost $85.29 Unrealized -4.9%

XLF SELECT SECTOR SPDR TR 2.3%

Value ($000) $2,880 (+1.0%) Shares 51,643 (-2.4%) Est. Cost $48.33 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.3%

Value ($000) $407 (+6.4%) Shares 462 (-3.8%) Est. Cost $544.86 Unrealized +49.3%

AMGN AMGEN INC 0.2%

Value ($000) $285 (+8.8%) Shares 868 (-6.5%) Est. Cost $285.83 Unrealized +10.5%

JPST J P MORGAN EXCHANGE TRADED F 1.3%

Value ($000) $1,591 (-1.4%) Shares 30,835 (-3.0%) Est. Cost $50.53 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.3%

Value ($000) $331 (-6.2%) Shares 1,001 (-2.2%) Est. Cost $550.37 Unrealized -38.7%

XLP SELECT SECTOR SPDR TR 0.8%

Value ($000) $1,018 (-1.9%) Shares 12,943 (-2.3%) Est. Cost $78.61 Unrealized —

BA BOEING CO 0.2%

Value ($000) $277 (-6.3%) Shares 1,270 (-7.3%) Est. Cost $156.93 Unrealized +31.1%

VEU VANGUARD INTL EQUITY INDEX F 0.6%

Value ($000) $748 (-2.4%) Shares 10,031 (-6.6%) Est. Cost $57.41 Unrealized —

BAC BANK AMERICA CORP 0.6%

Value ($000) $735 (+2.3%) Shares 13,130 (-5.8%) Est. Cost $42.83 Unrealized +23.0%

AXP AMERICAN EXPRESS CO 0.2%

Value ($000) $265 (+5.8%) Shares 715 (-5.3%) Est. Cost $279.37 Unrealized +27.8%

V VISA INC 1.1%

Value ($000) $1,377 (-0.9%) Shares 3,914 (-3.8%) Est. Cost $298.33 Unrealized +14.1%

MCD MCDONALDS CORP 0.6%

Value ($000) $744 (-1.5%) Shares 2,428 (-2.4%) Est. Cost $290.22 Unrealized +5.1%

IEMG ISHARES INC 0.4%

Value ($000) $549 (+1.9%) Shares 8,041 (-1.5%) Est. Cost $52.64 Unrealized —

QQQ INVESCO QQQ TR 3.5%

Value ($000) $4,396 (-0.1%) Shares 7,144 (-2.5%) Est. Cost $551.67 Unrealized —

VOX VANGUARD WORLD FD 0.6%

Value ($000) $706 (+0.6%) Shares 3,629 (-2.9%) Est. Cost $154.98 Unrealized —

PEP PEPSICO INC 0.4%

Value ($000) $546 (-0.8%) Shares 3,781 (-3.6%) Est. Cost $156.37 Unrealized -6.7%

IYH ISHARES TR 0.2%

Value ($000) $202 (-1.9%) Shares 3,055 (-12.8%) Est. Cost $58.72 Unrealized —

XLI SELECT SECTOR SPDR TR 1.8%

Value ($000) $2,261 (+0.1%) Shares 14,480 (-1.1%) Est. Cost $131.77 Unrealized —

CSCO CISCO SYS INC 0.6%

Value ($000) $791 (-0.3%) Shares 10,139 (-12.6%) Est. Cost $55.37 Unrealized +33.3%

IJR ISHARES TR 0.8%

Value ($000) $1,050 (+0.1%) Shares 8,665 (-1.9%) Est. Cost $113.68 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.2%

Value ($000) $243 (-0.1%) Shares 4,440 (-1.1%) Est. Cost $54.18 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	7,145 (-5.8%)	$3,463 (-11.9%)	2.8%	$422.35	+18.5%	COM	594918104
GOOG	ALPHABET INC	8,197 (-7.1%)	$2,580 (+20.0%)	2.1%	$175.67	+63.0%	CAP STK CL C	02079K107
HD	HOME DEPOT INC	3,680 (-7.8%)	$1,270 (-21.5%)	1.0%	$397.26	-8.2%	COM	437076102
XLV	SELECT SECTOR SPDR TR	19,682 (-1.5%)	$3,067 (+10.3%)	2.4%	$137.80	—	STATE STREET HEA	81369Y209
JPM	JPMORGAN CHASE & CO.	8,604 (-9.0%)	$2,781 (-6.8%)	2.2%	$228.03	+35.7%	COM	46625H100
GOOGL	ALPHABET INC	3,290 (-4.8%)	$1,033 (+23.0%)	0.8%	$174.14	+64.0%	CAP STK CL A	02079K305
AAPL	APPLE INC	18,111 (-3.0%)	$4,942 (+3.9%)	3.9%	$234.51	+14.4%	COM	037833100
SHY	ISHARES TR	54,000 (-4.7%)	$4,526 (-3.7%)	3.6%	$82.00	—	1 3 YR TREAS BD	464287457
LLY	ELI LILLY & CO	460 (-1.1%)	$495 (+39.5%)	0.4%	$817.48	+16.9%	COM	532457108
PG	PROCTER AND GAMBLE CO	5,758 (-7.0%)	$831 (-12.7%)	0.7%	$165.73	-11.2%	COM	742718109
MRK	MERCK & CO INC	5,647 (-3.4%)	$600 (+22.3%)	0.5%	$98.70	-5.5%	COM	58933Y105
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,148 (-9.1%)	$1,082 (-8.9%)	0.9%	$461.73	+7.8%	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	6,372 (-3.1%)	$1,325 (+8.7%)	1.1%	$149.59	+31.7%	COM	478160104
VGT	VANGUARD WORLD FD	5,901 (-3.3%)	$4,455 (-2.3%)	3.6%	$620.20	—	INF TECH ETF	92204A702
AMAT	APPLIED MATLS INC	2,485 (-5.7%)	$641 (+18.8%)	0.5%	$179.18	+33.7%	COM	038222105
HON	HONEYWELL INTL INC	3,016 (-6.2%)	$591 (-12.6%)	0.5%	$203.54	-4.2%	COM	438516106
AMZN	AMAZON COM INC	10,892 (-2.0%)	$2,525 (+3.5%)	2.0%	$204.58	+11.8%	COM	023135106
CAT	CATERPILLAR INC	870 (-1.7%)	$499 (+18.2%)	0.4%	$376.20	+47.7%	COM	149123101
SPY	SPDR S&P 500 ETF TR	30,888 (-2.1%)	$21,094 (+0.4%)	16.8%	$586.10	—	TR UNIT	78462F103
BLK	BLACKROCK INC	636 (-2.2%)	$681 (-10.1%)	0.5%	$990.75	+10.0%	COM	09290D101
SMH	VANECK ETF TRUST	2,735 (-2.7%)	$988 (+7.7%)	0.8%	$242.51	—	SEMICONDUCTR ETF	92189F676
RTX	RTX CORPORATION	3,415 (-1.9%)	$630 (+8.1%)	0.5%	$118.27	+46.6%	COM	75513E101
VZ	VERIZON COMMUNICATIONS INC	12,638 (-3.1%)	$527 (-8.0%)	0.4%	$39.40	+2.8%	COM	92343V104
WMT	WALMART INC	7,120 (-3.8%)	$800 (+4.9%)	0.6%	$85.80	+24.9%	COM	931142103
BMY	BRISTOL-MYERS SQUIBB CO	4,800 (-4.5%)	$264 (+16.4%)	0.2%	$52.58	-9.6%	COM	110122108
XOM	EXXON MOBIL CORP	6,050 (-2.2%)	$734 (+5.3%)	0.6%	$112.17	+3.0%	COM	30231G102
XLC	SELECT SECTOR SPDR TR	18,682 (-1.8%)	$2,218 (-1.5%)	1.8%	$96.81	—	STATE STREET COM	81369Y852
DIS	DISNEY WALT CO	6,115 (-4.5%)	$702 (-4.3%)	0.6%	$103.52	+5.8%	COM	254687106
T	AT&T INC	9,540 (-3.0%)	$247 (-11.3%)	0.2%	$27.25	-7.2%	COM	00206R102
CVX	CHEVRON CORP NEW	3,869 (-3.7%)	$594 (-4.9%)	0.5%	$145.50	+4.1%	COM	166764100
APD	AIR PRODS & CHEMS INC	870 (-3.3%)	$216 (-12.1%)	0.2%	$303.91	-17.2%	COM	009158106
SGOV	ISHARES TR	42,718 (-1.3%)	$4,331 (-0.7%)	3.5%	$100.38	—	0-3 MNTH TREASRY	46436E718
PEG	PUBLIC SVC ENTERPRISE GRP IN	5,430 (-3.7%)	$441 (-6.2%)	0.4%	$85.29	-4.9%	COM	744573106
XLF	SELECT SECTOR SPDR TR	51,643 (-2.4%)	$2,880 (+1.0%)	2.3%	$48.33	—	STATE STREET FIN	81369Y605
GS	GOLDMAN SACHS GROUP INC	462 (-3.8%)	$407 (+6.4%)	0.3%	$544.86	+49.3%	COM	38141G104
AMGN	AMGEN INC	868 (-6.5%)	$285 (+8.8%)	0.2%	$285.83	+10.5%	COM	031162100
JPST	J P MORGAN EXCHANGE TRADED F	30,835 (-3.0%)	$1,591 (-1.4%)	1.3%	$50.53	—	ULTRA SHRT ETF	46641Q837
UNH	UNITEDHEALTH GROUP INC	1,001 (-2.2%)	$331 (-6.2%)	0.3%	$550.37	-38.7%	COM	91324P102
XLP	SELECT SECTOR SPDR TR	12,943 (-2.3%)	$1,018 (-1.9%)	0.8%	$78.61	—	STATE STREET CON	81369Y308
BA	BOEING CO	1,270 (-7.3%)	$277 (-6.3%)	0.2%	$156.93	+31.1%	COM	097023105
VEU	VANGUARD INTL EQUITY INDEX F	10,031 (-6.6%)	$748 (-2.4%)	0.6%	$57.41	—	ALLWRLD EX US	922042775
BAC	BANK AMERICA CORP	13,130 (-5.8%)	$735 (+2.3%)	0.6%	$42.83	+23.0%	COM	060505104
AXP	AMERICAN EXPRESS CO	715 (-5.3%)	$265 (+5.8%)	0.2%	$279.37	+27.8%	COM	025816109
V	VISA INC	3,914 (-3.8%)	$1,377 (-0.9%)	1.1%	$298.33	+14.1%	COM CL A	92826C839
MCD	MCDONALDS CORP	2,428 (-2.4%)	$744 (-1.5%)	0.6%	$290.22	+5.1%	COM	580135101
IEMG	ISHARES INC	8,041 (-1.5%)	$549 (+1.9%)	0.4%	$52.64	—	CORE MSCI EMKT	46434G103
QQQ	INVESCO QQQ TR	7,144 (-2.5%)	$4,396 (-0.1%)	3.5%	$551.67	—	UNIT SER 1	46090E103
VOX	VANGUARD WORLD FD	3,629 (-2.9%)	$706 (+0.6%)	0.6%	$154.98	—	COMM SRVC ETF	92204A884
PEP	PEPSICO INC	3,781 (-3.6%)	$546 (-0.8%)	0.4%	$156.37	-6.7%	COM	713448108
IYH	ISHARES TR	3,055 (-12.8%)	$202 (-1.9%)	0.2%	$58.72	—	US HLTHCARE ETF	464287762
XLI	SELECT SECTOR SPDR TR	14,480 (-1.1%)	$2,261 (+0.1%)	1.8%	$131.77	—	STATE STREET IND	81369Y704
CSCO	CISCO SYS INC	10,139 (-12.6%)	$791 (-0.3%)	0.6%	$55.37	+33.3%	COM	17275R102
IJR	ISHARES TR	8,665 (-1.9%)	$1,050 (+0.1%)	0.8%	$113.68	—	CORE S&P SCP ETF	464287804
VWO	VANGUARD INTL EQUITY INDEX F	4,440 (-1.1%)	$243 (-0.1%)	0.2%	$54.18	—	FTSE EMR MKT ETF	922042858

Unchanged Positions (10)

FDX FEDEX CORP 0.4%

Value ($000) $450 Shares 1,552 Est. Cost $270.14 Unrealized -3.2%

ASML ASML HOLDING N V 0.2%

Value ($000) $260 Shares 243 Est. Cost $968.09 Unrealized —

GLD SPDR GOLD TR 0.2%

Value ($000) $242 Shares 608 Est. Cost $355.47 Unrealized —

KO COCA COLA CO 0.3%

Value ($000) $320 Shares 4,515 Est. Cost $63.09 Unrealized +10.0%

FDN FIRST TR EXCHANGE-TRADED FD 0.3%

Value ($000) $385 Shares 1,425 Est. Cost $269.33 Unrealized —

DIA SPDR DOW JONES INDL AVERAGE 0.2%

Value ($000) $305 Shares 633 Est. Cost $425.57 Unrealized —

UNP UNION PAC CORP 0.3%

Value ($000) $395 Shares 1,700 Est. Cost $230.22 Unrealized -1.3%

VB VANGUARD INDEX FDS 0.2%

Value ($000) $216 Shares 835 Est. Cost $254.28 Unrealized —

PFE PFIZER INC 0.2%

Value ($000) $286 Shares 11,057 Est. Cost $24.61 Unrealized +1.7%

MA MASTERCARD INCORPORATED 0.2%

Value ($000) $206 Shares 361 Est. Cost $514.68 Unrealized +8.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FDX	FEDEX CORP	1,552	$450	0.4%	$270.14	-3.2%	COM	31428X106
ASML	ASML HOLDING N V	243	$260	0.2%	$968.09	—	N Y REGISTRY SHS	N07059210
GLD	SPDR GOLD TR	608	$242	0.2%	$355.47	—	GOLD SHS	78463V107
KO	COCA COLA CO	4,515	$320	0.3%	$63.09	+10.0%	COM	191216100
FDN	FIRST TR EXCHANGE-TRADED FD	1,425	$385	0.3%	$269.33	—	DJ INTERNT IDX	33733E302
DIA	SPDR DOW JONES INDL AVERAGE	633	$305	0.2%	$425.57	—	UT SER 1	78467X109
UNP	UNION PAC CORP	1,700	$395	0.3%	$230.22	-1.3%	COM	907818108
VB	VANGUARD INDEX FDS	835	$216	0.2%	$254.28	—	SMALL CP ETF	922908751
PFE	PFIZER INC	11,057	$286	0.2%	$24.61	+1.7%	COM	717081103
MA	MASTERCARD INCORPORATED	361	$206	0.2%	$514.68	+8.6%	CL A	57636Q104