Independence Financial Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FELG	FIDELITY COVINGTON TRUST	1,310,736 (+69.2%)	$54,658 (+71.6%)	15.0%	$38.72	—	ENHANCED LARGE	31609A305
FELV	FIDELITY COVINGTON TRUST	949,124 (+3.6%)	$32,897 (+7.1%)	9.0%	$31.92	—	ENHANCED LARGE	31609A107
JPM	JPMORGAN CHASE & CO.	4,279 (+416.8%)	$1,379 (+428.0%)	0.4%	$299.26	+3.4%	COM	46625H100
FDVV	FIDELITY COVINGTON TRUST	295,150 (+3.4%)	$16,732 (+5.2%)	4.6%	$52.22	—	HIGH DIVID ETF	316092840
FENI	FIDELITY COVINGTON TRUST	307,371 (+3.7%)	$11,244 (+7.5%)	3.1%	$33.41	—	ENHANCED INTL	31609A404
IEI	ISHARES TR	159,512 (+4.3%)	$19,038 (+4.2%)	5.2%	$118.69	—	3 7 YR TREAS BD	464288661
IEF	ISHARES TR	199,635 (+4.2%)	$19,197 (+3.9%)	5.3%	$95.79	—	7-10 YR TRSY BD	464287440
FTEC	FIDELITY COVINGTON TRUST	80,319 (+2.9%)	$18,045 (+4.1%)	5.0%	$177.30	—	MSCI INFO TECH I	316092808
FCOM	FIDELITY COVINGTON TRUST	164,639 (+2.7%)	$12,065 (+6.0%)	3.3%	$57.95	—	MSCI COMMNTN SVC	316092873
LQD	ISHARES TR	175,327 (+4.5%)	$19,319 (+3.3%)	5.3%	$109.65	—	IBOXX INV CP ETF	464287242
FNCL	FIDELITY COVINGTON TRUST	150,957 (+3.2%)	$11,735 (+5.1%)	3.2%	$70.00	—	MSCI FINLS IDX	316092501
FALN	ISHARES TR	476,028 (+5.5%)	$12,996 (+3.7%)	3.6%	$27.41	—	FALN ANGLS USD	46435G474
FIDU	FIDELITY COVINGTON TRUST	136,703 (+3.0%)	$11,275 (+3.7%)	3.1%	$73.68	—	MSCI INDL INDX	316092709
TIP	ISHARES TR	118,619 (+3.8%)	$13,037 (+2.6%)	3.6%	$111.01	—	TIPS BD ETF	464287176
ICVT	ISHARES TR	123,306 (+4.3%)	$12,146 (+2.7%)	3.3%	$96.89	—	CONV BD ETF	46435G102
IJK	ISHARES TR	65,970 (+3.7%)	$6,391 (+4.7%)	1.8%	$91.43	—	S&P MC 400GR ETF	464287606
SHY	ISHARES TR	88,449 (+3.4%)	$7,325 (+3.2%)	2.0%	$82.73	—	1 3 YR TREAS BD	464287457
PFF	ISHARES TR	194,422 (+5.8%)	$6,019 (+3.6%)	1.7%	$31.12	—	PFD AND INCM SEC	464288687
FDIS	FIDELITY COVINGTON TRUST	61,839 (+3.9%)	$6,318 (+3.2%)	1.7%	$94.50	—	MSCI CONSM DIS	316092204
FLBL	FRANKLIN TEMPLETON ETF TR	262,502 (+5.6%)	$6,148 (+3.0%)	1.7%	$24.04	—	SENIOR LOAN ETF	35473P595
FUTY	FIDELITY COVINGTON TRUST	200,094 (+3.7%)	$11,049 (+1.4%)	3.0%	$56.23	—	MSCI UTILS INDEX	316092865
IJT	ISHARES TR	29,449 (+3.9%)	$4,157 (+3.7%)	1.1%	$133.70	—	S&P SML 600 GWT	464287887
ISTB	ISHARES TR	154,024 (+1.5%)	$7,509 (+1.3%)	2.1%	$48.36	—	CORE 1 5 YR USD	46432F859

Decreased Positions (8)

AAPL APPLE INC 0.4%

Value ($000) $1,449 (-13.2%) Shares 5,332 (-18.7%) Est. Cost $230.77 Unrealized +16.3%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $389 (-20.2%) Shares 2,084 (-20.2%) Est. Cost $126.71 Unrealized +46.9%

IUSG ISHARES TR 3.0%

Value ($000) $10,823 (+0.9%) Shares 64,448 (-1.2%) Est. Cost $127.08 Unrealized —

FHLC FIDELITY COVINGTON TRUST 0.4%

Value ($000) $1,360 (+6.6%) Shares 18,307 (-4.0%) Est. Cost $68.32 Unrealized —

XOM EXXON MOBIL CORP 0.2%

Value ($000) $590 (-9.5%) Shares 4,901 (-15.2%) Est. Cost $107.21 Unrealized +7.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value ($000) $688 (-5.3%) Shares 1,368 (-5.3%) Est. Cost $486.15 Unrealized +2.3%

STIP ISHARES TR 0.1%

Value ($000) $268 (-3.8%) Shares 2,615 (-2.9%) Est. Cost $103.47 Unrealized —

TSLA TESLA INC 0.1%

Value ($000) $267 (-1.4%) Shares 594 (-2.5%) Est. Cost $346.84 Unrealized +27.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	5,332 (-18.7%)	$1,449 (-13.2%)	0.4%	$230.77	+16.3%	COM	037833100
NVDA	NVIDIA CORPORATION	2,084 (-20.2%)	$389 (-20.2%)	0.1%	$126.71	+46.9%	COM	67066G104
IUSG	ISHARES TR	64,448 (-1.2%)	$10,823 (+0.9%)	3.0%	$127.08	—	CORE S&P US GWT	464287671
FHLC	FIDELITY COVINGTON TRUST	18,307 (-4.0%)	$1,360 (+6.6%)	0.4%	$68.32	—	MSCI HLTH CARE I	316092600
XOM	EXXON MOBIL CORP	4,901 (-15.2%)	$590 (-9.5%)	0.2%	$107.21	+7.7%	COM	30231G102
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,368 (-5.3%)	$688 (-5.3%)	0.2%	$486.15	+2.3%	CL B NEW	084670702
STIP	ISHARES TR	2,615 (-2.9%)	$268 (-3.8%)	0.1%	$103.47	—	0-5 YR TIPS ETF	46429B747
TSLA	TESLA INC	594 (-2.5%)	$267 (-1.4%)	0.1%	$346.84	+27.8%	COM	88160R101

Unchanged Positions (22)

IUSV ISHARES TR 3.3%

Value ($000) $12,173 Shares 118,715 Est. Cost $92.29 Unrealized —

GLD SPDR GOLD TR 0.3%

Value ($000) $1,121 Shares 2,828 Est. Cost $288.87 Unrealized —

HD HOME DEPOT INC 0.2%

Value ($000) $558 Shares 1,621 Est. Cost $380.72 Unrealized -4.2%

VTI VANGUARD INDEX FDS 0.9%

Value ($000) $3,144 Shares 9,378 Est. Cost $274.85 Unrealized —

MSFT MICROSOFT CORP 0.3%

Value ($000) $1,264 Shares 2,613 Est. Cost $405.08 Unrealized +23.6%

GOOG ALPHABET INC 0.1%

Value ($000) $266 Shares 846 Est. Cost $209.93 Unrealized +36.4%

TD TORONTO DOMINION BK ONT 0.1%

Value ($000) $381 Shares 4,046 Est. Cost $58.22 Unrealized +45.0%

VOO VANGUARD INDEX FDS 0.5%

Value ($000) $1,660 Shares 2,647 Est. Cost $513.87 Unrealized —

AVGO BROADCOM INC 0.2%

Value ($000) $734 Shares 2,122 Est. Cost $209.82 Unrealized +70.1%

T AT&T INC 0.1%

Value ($000) $229 Shares 9,223 Est. Cost $24.35 Unrealized +3.8%

WMT WALMART INC 0.1%

Value ($000) $399 Shares 3,579 Est. Cost $92.95 Unrealized +15.3%

CRH CRH PLC 0.2%

Value ($000) $666 Shares 5,340 Est. Cost $97.65 Unrealized +22.0%

INDB INDEPENDENT BK CORP MASS 0.1%

Value ($000) $414 Shares 5,663 Est. Cost $63.48 Unrealized +11.1%

RTX RTX CORPORATION 0.1%

Value ($000) $232 Shares 1,263 Est. Cost $154.28 Unrealized +12.3%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value ($000) $220 Shares 5,411 Est. Cost $39.58 Unrealized +2.3%

VIG VANGUARD SPECIALIZED FUNDS 0.2%

Value ($000) $868 Shares 3,951 Est. Cost $194.51 Unrealized —

FREL FIDELITY COVINGTON TRUST 0.1%

Value ($000) $305 Shares 11,342 Est. Cost $27.47 Unrealized —

MTB M & T BK CORP 0.1%

Value ($000) $546 Shares 2,708 Est. Cost $184.51 Unrealized +3.0%

GE GE AEROSPACE 0.1%

Value ($000) $388 Shares 1,261 Est. Cost $195.73 Unrealized +53.7%

JHMM JOHN HANCOCK EXCHANGE TRADED 0.1%

Value ($000) $524 Shares 8,005 Est. Cost $57.30 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $569 Shares 2,972 Est. Cost $173.22 Unrealized —

VGT VANGUARD WORLD FD 0.1%

Value ($000) $223 Shares 296 Est. Cost $746.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IUSV	ISHARES TR	118,715	$12,173	3.3%	$92.29	—	CORE S&P US VLU	464287663
GLD	SPDR GOLD TR	2,828	$1,121	0.3%	$288.87	—	GOLD SHS	78463V107
HD	HOME DEPOT INC	1,621	$558	0.2%	$380.72	-4.2%	COM	437076102
VTI	VANGUARD INDEX FDS	9,378	$3,144	0.9%	$274.85	—	TOTAL STK MKT	922908769
MSFT	MICROSOFT CORP	2,613	$1,264	0.3%	$405.08	+23.6%	COM	594918104
GOOG	ALPHABET INC	846	$266	0.1%	$209.93	+36.4%	CAP STK CL C	02079K107
TD	TORONTO DOMINION BK ONT	4,046	$381	0.1%	$58.22	+45.0%	COM NEW	891160509
VOO	VANGUARD INDEX FDS	2,647	$1,660	0.5%	$513.87	—	S&P 500 ETF SHS	922908363
AVGO	BROADCOM INC	2,122	$734	0.2%	$209.82	+70.1%	COM	11135F101
T	AT&T INC	9,223	$229	0.1%	$24.35	+3.8%	COM	00206R102
WMT	WALMART INC	3,579	$399	0.1%	$92.95	+15.3%	COM	931142103
CRH	CRH PLC	5,340	$666	0.2%	$97.65	+22.0%	ORD	G25508105
INDB	INDEPENDENT BK CORP MASS	5,663	$414	0.1%	$63.48	+11.1%	COM	453836108
RTX	RTX CORPORATION	1,263	$232	0.1%	$154.28	+12.3%	COM	75513E101
VZ	VERIZON COMMUNICATIONS INC	5,411	$220	0.1%	$39.58	+2.3%	COM	92343V104
VIG	VANGUARD SPECIALIZED FUNDS	3,951	$868	0.2%	$194.51	—	DIV APP ETF	921908844
FREL	FIDELITY COVINGTON TRUST	11,342	$305	0.1%	$27.47	—	MSCI RL EST ETF	316092857
MTB	M & T BK CORP	2,708	$546	0.1%	$184.51	+3.0%	COM	55261F104
GE	GE AEROSPACE	1,261	$388	0.1%	$195.73	+53.7%	COM NEW	369604301
JHMM	JOHN HANCOCK EXCHANGE TRADED	8,005	$524	0.1%	$57.30	—	MULTIFACTOR MI	47804J206
RSP	INVESCO EXCHANGE TRADED FD T	2,972	$569	0.2%	$173.22	—	S&P500 EQL WGT	46137V357
VGT	VANGUARD WORLD FD	296	$223	0.1%	$746.93	—	INF TECH ETF	92204A702