Inlight Wealth Management, LLC

2. Key Holdings The portfolio is characterized by a "barbell" approach to geography and market capitalization, with the top 10 positions accounting for approximately 61% of total assets.

• International & Fixed Income Focus: The largest position is the Vanguard FTSE Developed Markets ETF (VEA) at $34.77M (12.73%), signaling a strong overweight to international equities. The second-largest holding is an international bond ETF (ISHARES 1-3 YEAR INTERNATIONAL TREASURY BOND ETF, 8.71%), suggesting a defensive posture regarding currency and interest rate risk outside the US.
• Factor Tilts: The firm employs distinct factor strategies. The Invesco S&P 500 Equal Weight ETF (RSP) is the third-largest holding ($19.10M, 6.99%), favoring a diversified approach to large-caps that reduces concentration risk compared to market-cap weighted indices. Similarly, the Pacer US Cash Cows 100 ETF (COWZ) ($15.50M, 5.68%) indicates a strong preference for free cash flow yield.
• Hard Assets: A notable 13.3% of the portfolio is concentrated in precious metals via the Sprott Physical Gold & Silver Trust (CEF) (6.69%), VanEck Junior Gold Miners (GDXJ) (2.59%), and VanEck Gold Miners (GDX) (2.44%). This represents a significant hedge against inflation or currency devaluation.
• Small & Value Caps: There is a clear tilt away from mega-cap growth technology (which is notably underweight) toward small and value companies, evidenced by top holdings in IJR (S&P Small Cap) and VTV (Vanguard Value).