MONECO Advisors, LLC

On the equity side, the advisor exited several prominent growth names entirely: Tesla, Meta Platforms, and Alphabet Class C shares were all sold off, while the remaining Alphabet Class A position was reduced by 21% despite a higher share count—a mark-to-market loss on the prior purchase price. Johnson & Johnson and Exxon Mobil were also trimmed in share count, though their higher quarter-end prices meant the portfolio still took in $2.0M and $1.8M respectively from the reductions.

The buying focused on value and income sleeves. SPDR's value-oriented ETFs saw broad-based increases: SPYV gained 6.9% to $42.1M, MDYV added 32% to $10.0M, SLYV debuted at $5.9M, and SLYG grew 29% to $8.9M. International equity exposure rose via a 39% jump in SPDW developed-markets ETF to $22.2M and a 59% increase in emerging-markets SPEM to $10.4M. The advisor also initiated positions in SPDR's SLYG mid-cap growth, JPMorgan's dividend-focused JPLD ETF, and SPDR's MDYG mid-cap growth, while adding Chevron as the only new single-stock energy bet at $5.6M.