Bear Mountain Capital, Inc.

The portfolio currently consists of 199 holdings. The structure is highly diversified, but it is overwhelmingly dominated by Exchange Traded Funds (ETFs), which account for approximately 95% of the total portfolio value ($294.54M). The remaining ~5% is allocated across individual equities, primarily in the technology and consumer sectors. This indicates a pivot away from a stock-picking strategy toward a passive, asset allocation-oriented approach, likely driven by significant capital inflows or a strategic mandate change to broad market exposure.

2. Key Holdings