Quantum Financial Planning Services, Inc.

2. Key Holdings

The portfolio exhibits a high level of concentration in its top positions, with the top three holdings alone comprising 60.22% of the total assets.

• VCSH (Vanguard Short-Term Corporate Bond ETF): This is the largest holding at $64.43M (23.35%). This substantial allocation to short-term investment-grade corporate bonds suggests a defensive posture regarding interest rate risk and a desire for income preservation with lower volatility than long-term bonds.
• VUG (Vanguard Growth ETF): The second largest position at $61.17M (22.17%) provides exposure to U.S. growth companies. This massive weighting indicates a strong conviction in the long-term appreciation potential of growth equities.
• SPYM (SPDR Portfolio Mid Cap ETF): Representing $40.56M (14.70%), this allocation provides diversification into mid-cap U.S. equities, bridging the gap between large-caps and small-caps.
• Vanguard Malvern Funds: The fourth position, totaling $28.00M (10.15%), likely represents a Vanguard money market fund (based on the "Malvern" descriptor), further reinforcing the portfolio's emphasis on capital preservation and liquidity alongside its equity exposure.