Fifth Third Wealth Advisors LLC

2. Key Holdings

The portfolio is heavily concentrated at the top, with the first two positions accounting for nearly 20% of the total assets.

• Core ETF Dominance: The largest position is IVV (iShares Core S&P 500 ETF) at $347.03M (12.17%), followed closely by SPY (SPDR S&P 500 ETF Trust) at $206.01M (7.23%). The combined weight of these two positions ($553M) indicates a strong strategic bet on the broad U.S. equity market.
• Technology Concentration: The largest individual equity holding is NVIDIA (NVDA) at $115.53M (4.05%), followed by Apple (AAPL) at $101.76M (3.57%) and Microsoft (MSFT) at $93.76M (3.29%). These positions suggest a significant overweight in the "Magnificent Seven" or mega-cap tech space, likely driving portfolio performance during the quarter.
• International Exposure: IEFA (iShares Core MSCI EAFE) holds the fourth spot at $104.19M (3.66%), demonstrating a commitment to developed international markets.
• Notable Equity Positions: Fastenal Co (FAST) is a standout non-tech holding, ranking #10 with $50.91M (1.79%), representing a notable conviction in the industrial supply sector.