Sylvest Advisors, LLC

The portfolio now comprises 69 holdings, reflecting a strategy that balances broad market exposure with selective individual stock picking. Notably, the firm has adopted a highly "core-satellite" approach, utilizing Exchange Traded Funds (ETFs) to establish a foundational market exposure while allocating smaller portions to individual equities. The turnover rate was exceptionally high this quarter, characterized by 27 new positions and 10 complete exits, suggesting a substantial reallocation of capital or a restructuring of the fund’s investment philosophy.

Key Holdings

The portfolio is heavily concentrated at the top, with the first five positions accounting for approximately 50.5% of the total assets. The dominance of ETFs is the most defining characteristic of the current holdings: