TI-TRUST, INC

2. Key Holdings

The portfolio is currently anchored by broad-market ETFs, which serve as the core liquidity and beta drivers.

• VTI (Vanguard Total Stock Market ETF) is the largest holding, comprising 7.89% of the portfolio ($12.77M). This provides exposure to the entire U.S. equity market.
• VEU (Vanguard FTSE Developed Markets ETF) follows at 5.36% ($8.69M), offering significant international diversification.
• MDY (SPDR S&P MidCap 400 ETF) represents 3.52% ($5.70M), tilting slightly toward U.S. mid-cap equities.

Beyond ETFs, the top individual stock positions reveal a preference for high-quality industrial and technology giants. Microsoft (MSFT) is the top individual equity holding at 3.24% ($5.25M). Other notable concentrations include Broadcom (AVGO) at 2.42%, Exxon Mobil (XOM) at 1.97%, and Caterpillar (CAT) at 1.89%. The presence of Apple (AAPL) at only 1.10% is notable, as it is underweight relative to its market capitalization weight in major indices, suggesting an active avoidance or specific concentration limits on mega-cap tech.