ANNEX ADVISORY SERVICES, LLC

Filed: 7/24/2023ACC: 0001085146-23-002848

📋 What this filing means

ANNEX ADVISORY SERVICES, LLC filed this quarterly 13F‑HR report disclosing 250 equity positions with a total reported market value of $1.80B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

250

Positions

$1.80B

Total AUM (reported)

20.12M

Total Shares

Allocation by class

COM$545.29M30.3%

TOTAL STK MKT$228.57M12.7%

CORE S&P SCP ETF$115.47M6.4%

US CASH COWS 100$105.28M5.8%

US SML CP VALU$94.86M5.3%

10-20 YR TRS ETF$91.96M5.1%

AVANTIS EMGMKT$82.79M4.6%

Portfolio Concentration

Top 3$449.32M24.9%

4–10$500.66M27.8%

11–25$339.06M18.8%

Rest$512.71M28.5%

Top 3 weight

24.9%

Top 10 weight

52.7%

Voting Authority Distribution

Total shares with voting rights: 20.12M

Sole

Full voting authority

20.12M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole250

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings250

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares1.04M

TypeSH

Market value$228.57M

12.69%

Sole

1.04M

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares1.16M

TypeSH

Market value$115.47M

6.41%

Sole

1.16M

Shared

0.00

None

0.00

PACER FDS TR

SOLE

US CASH COWS 100

Shares2.20M

TypeSH

Market value$105.28M

5.84%

Sole

2.20M

Shared

0.00

None

0.00

AMERICAN CENTY ETF TR

SOLE

US SML CP VALU

Shares1.22M

TypeSH

Market value$94.86M

5.26%

Sole

1.22M

Shared

0.00

None

0.00

ISHARES TR

SOLE

10-20 YR TRS ETF

Shares830.19K

TypeSH

Market value$91.96M

5.10%

Sole

830.19K

Shared

0.00

None

0.00

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares1.54M

TypeSH

Market value$82.79M

4.59%

Sole

1.54M

Shared

0.00

None

0.00

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares506.63K

TypeSH

Market value$82.29M

4.57%

Sole

506.63K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares263.47K

TypeSH

Market value$52.40M

2.91%

Sole

263.47K

Shared

0.00

None

0.00

VANGUARD WORLD FDS

SOLE

INF TECH ETF

Shares114.82K

TypeSH

Market value$50.77M

2.82%

Sole

114.82K

Shared

0.00

None

0.00

SELECT SECTOR SPDR TR

SOLE

ENERGY

Shares561.60K

TypeSH

Market value$45.59M

2.53%

Sole

561.60K

Shared

0.00

None

0.00

VANECK ETF TRUST

SOLE

GOLD MINERS ETF

Shares1.40M

TypeSH

Market value$42.10M

2.34%

Sole

1.40M

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares188.60K

TypeSH

Market value$36.58M

2.03%

Sole

188.60K

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

INTL DVD ETF

Shares479.68K

TypeSH

Market value$36.02M

2.00%

Sole

479.68K

Shared

0.00

None

0.00

AMERICAN CENTY ETF TR

SOLE

INTL SMCP VLU

Shares431.31K

TypeSH

Market value$24.83M

1.38%

Sole

431.31K

Shared

0.00

None

0.00

ORACLE CORP

SOLE

COM

Shares185.84K

TypeSH

Market value$22.13M

1.23%

Sole

185.84K

Shared

0.00

None

0.00

VISA INC

SOLE

COM CL A

Shares83.60K

TypeSH

Market value$19.85M

1.10%

Sole

83.60K

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COM

Shares56.83K

TypeSH

Market value$19.35M

1.07%

Sole

56.83K

Shared

0.00

None

0.00

SPDR SER TR

SOLE

PORTFOLI S&P1500

Shares332.64K

TypeSH

Market value$18.11M

1.01%

Sole

332.64K

Shared

0.00

None

0.00

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares169.49K

TypeSH

Market value$18.09M

1.00%

Sole

169.49K

Shared

0.00

None

0.00

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares464.54K

TypeSH

Market value$18.04M

1.00%

Sole

464.54K

Shared

0.00

None

0.00

D R HORTON INC

SOLE

COM

Shares148.20K

TypeSH

Market value$18.03M

1.00%

Sole

148.20K

Shared

0.00

None

0.00

MERCK & CO INC

SOLE

COM

Shares150.85K

TypeSH

Market value$17.41M

0.97%

Sole

150.85K

Shared

0.00

None

0.00

FREEPORT-MCMORAN INC

SOLE

CL B

Shares417.71K

TypeSH

Market value$16.71M

0.93%

Sole

417.71K

Shared

0.00

None

0.00

WEC ENERGY GROUP INC

SOLE

COM

Shares180.60K

TypeSH

Market value$15.94M

0.88%

Sole

180.60K

Shared

0.00

None

0.00

LINDE PLC

SOLE

SHS

Shares41.63K

TypeSH

Market value$15.86M

0.88%

Sole

41.63K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	1.04M	SH	$228.57M 12.69%	1.04M
ISHARES TRSOLE	CORE S&P SCP ETF	1.16M	SH	$115.47M 6.41%	1.16M
PACER FDS TRSOLE	US CASH COWS 100	2.20M	SH	$105.28M 5.84%	2.20M
AMERICAN CENTY ETF TRSOLE	US SML CP VALU	1.22M	SH	$94.86M 5.26%	1.22M
ISHARES TRSOLE	10-20 YR TRS ETF	830.19K	SH	$91.96M 5.10%	830.19K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	1.54M	SH	$82.79M 4.59%	1.54M
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	506.63K	SH	$82.29M 4.57%	506.63K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	263.47K	SH	$52.40M 2.91%	263.47K
VANGUARD WORLD FDSSOLE	INF TECH ETF	114.82K	SH	$50.77M 2.82%	114.82K
SELECT SECTOR SPDR TRSOLE	ENERGY	561.60K	SH	$45.59M 2.53%	561.60K
VANECK ETF TRUSTSOLE	GOLD MINERS ETF	1.40M	SH	$42.10M 2.34%	1.40M
APPLE INCSOLE	COM	188.60K	SH	$36.58M 2.03%	188.60K
VANGUARD WHITEHALL FDSSOLE	INTL DVD ETF	479.68K	SH	$36.02M 2.00%	479.68K
AMERICAN CENTY ETF TRSOLE	INTL SMCP VLU	431.31K	SH	$24.83M 1.38%	431.31K
ORACLE CORPSOLE	COM	185.84K	SH	$22.13M 1.23%	185.84K
VISA INCSOLE	COM CL A	83.60K	SH	$19.85M 1.10%	83.60K
MICROSOFT CORPSOLE	COM	56.83K	SH	$19.35M 1.07%	56.83K
SPDR SER TRSOLE	PORTFOLI S&P1500	332.64K	SH	$18.11M 1.01%	332.64K
ISHARES TRSOLE	NATIONAL MUN ETF	169.49K	SH	$18.09M 1.00%	169.49K
SPDR SER TRSOLE	PORTFOLIO S&P600	464.54K	SH	$18.04M 1.00%	464.54K
D R HORTON INCSOLE	COM	148.20K	SH	$18.03M 1.00%	148.20K
MERCK & CO INCSOLE	COM	150.85K	SH	$17.41M 0.97%	150.85K
FREEPORT-MCMORAN INCSOLE	CL B	417.71K	SH	$16.71M 0.93%	417.71K
WEC ENERGY GROUP INCSOLE	COM	180.60K	SH	$15.94M 0.88%	180.60K
LINDE PLCSOLE	SHS	41.63K	SH	$15.86M 0.88%	41.63K

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