ARVEST INVESTMENTS, INC.

PrivateCIK: 1025038

Location

LOWELL, AR

255

Positions

$826.64M

Total AUM (reported)

11.17M

Total Shares

Allocation by class

COM$134.79M16.3%

VAN FTSE DEV MKT$66.75M8.1%

S&P500 EQL WGT$58.53M7.1%

ACCESS INVT GR$40.15M4.9%

HENDERSON MTG$28.96M3.5%

CORE S&P500 ETF$26.00M3.1%

CMBS ETF$24.07M2.9%

Portfolio Concentration

Top 3$165.43M20.0%

4–10$169.06M20.5%

11–25$194.65M23.5%

Rest$297.50M36.0%

Top 3 weight

20.0%

Top 10 weight

40.5%

Voting Authority Distribution

Total shares with voting rights: 11.17M

Sole

Full voting authority

6.80M

% of voting shares60.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

4.36M

% of voting shares39.1%

Investment Discretion (by position count)

Sole255

Shared0

Other0

Dominant voting typeSole · 60.9% of voting shares

Institutional Holdings255

Rows:

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares936.83K

TypeSH

Market value$66.75M

8.07%

Sole

625.38K

Shared

0.00

None

311.45K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares275.09K

TypeSH

Market value$58.53M

7.08%

Sole

159.61K

Shared

0.00

None

115.48K

GOLDMAN SACHS ETF TR

SOLE

ACCESS INVT GR

Shares874.48K

TypeSH

Market value$40.15M

4.86%

Sole

633.79K

Shared

0.00

None

240.69K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares643.61K

TypeSH

Market value$28.96M

3.50%

Sole

466.46K

Shared

0.00

None

177.15K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares34.72K

TypeSH

Market value$26.00M

3.15%

Sole

20.17K

Shared

0.00

None

14.55K

ISHARES TR

SOLE

CMBS ETF

Shares494.75K

TypeSH

Market value$24.07M

2.91%

Sole

360.07K

Shared

0.00

None

134.68K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares383.62K

TypeSH

Market value$22.90M

2.77%

Sole

256.21K

Shared

0.00

None

127.41K

VANGUARD INDEX FDS

SOLE

MCAP VL IDXVIP

Shares114.88K

TypeSH

Market value$22.70M

2.75%

Sole

76.65K

Shared

0.00

None

38.23K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares159.46K

TypeSH

Market value$22.63M

2.74%

Sole

106.19K

Shared

0.00

None

53.26K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA EME

Shares419.49K

TypeSH

Market value$21.81M

2.64%

Sole

280.53K

Shared

0.00

None

138.95K

ISHARES TR

SOLE

MBS ETF

Shares224.02K

TypeSH

Market value$21.17M

2.56%

Sole

163.08K

Shared

0.00

None

60.94K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares73.20K

TypeSH

Market value$17.79M

2.15%

Sole

48.74K

Shared

0.00

None

24.46K

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares183.98K

TypeSH

Market value$17.40M

2.10%

Sole

98.50K

Shared

0.00

None

85.48K

VANGUARD INDEX FDS

SOLE

MCAP GR IDXVIP

Shares50.09K

TypeSH

Market value$15.34M

1.86%

Sole

33.37K

Shared

0.00

None

16.72K

TORTOISE CAPITAL SERIES TRUS

SOLE

NORTH AMRCN PIPE

Shares345.75K

TypeSH

Market value$14.50M

1.75%

Sole

241.07K

Shared

0.00

None

104.68K

FIRST TR EXCHNG TRADED FD VI

SOLE

FT ENER INCO ETF

Shares610.46K

TypeSH

Market value$13.33M

1.61%

Sole

425.60K

Shared

0.00

None

184.87K

ISHARES TR

SOLE

10-20 YR TRS ETF

Shares127.89K

TypeSH

Market value$12.83M

1.55%

Sole

92.70K

Shared

0.00

None

35.19K

BONDBLOXX ETF TRUST

SOLE

BLOOMBERG FVE YR

Shares242.90K

TypeSH

Market value$11.82M

1.43%

Sole

176.04K

Shared

0.00

None

66.86K

SPDR SERIES TRUST

SOLE

ST STR P500ETF

Shares124.41K

TypeSH

Market value$10.93M

1.32%

Sole

87.74K

Shared

0.00

None

36.66K

STATE STR SPDR S&P MIDCAP 40

SOLE

UTSER1 S&PDCRP

Shares15.54K

TypeSH

Market value$10.93M

1.32%

Sole

13.49K

Shared

0.00

None

2.05K

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares29.75K

TypeSH

Market value$10.88M

1.32%

Sole

19.76K

Shared

0.00

None

9.99K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares97.43K

TypeSH

Market value$10.12M

1.22%

Sole

91.68K

Shared

0.00

None

5.75K

FIRST TR EXCHANGE TRADED FD

SOLE

SMID RISNG ETF

Shares220K

TypeSH

Market value$9.49M

1.15%

Sole

2.30K

Shared

0.00

None

217.70K

ISHARES TR

SOLE

AGENCY BOND ETF

Shares83.42K

TypeSH

Market value$9.12M

1.10%

Sole

60.46K

Shared

0.00

None

22.96K

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares339.27K

TypeSH

Market value$8.99M

1.09%

Sole

245.90K

Shared

0.00

None

93.37K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	936.83K	SH	$66.75M 8.07%	625.38K	311.45K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	275.09K	SH	$58.53M 7.08%	159.61K	115.48K
GOLDMAN SACHS ETF TRSOLE	ACCESS INVT GR	874.48K	SH	$40.15M 4.86%	633.79K	240.69K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	643.61K	SH	$28.96M 3.50%	466.46K	177.15K
ISHARES TRSOLE	CORE S&P500 ETF	34.72K	SH	$26.00M 3.15%	20.17K	14.55K
ISHARES TRSOLE	CMBS ETF	494.75K	SH	$24.07M 2.91%	360.07K	134.68K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	383.62K	SH	$22.90M 2.77%	256.21K	127.41K
VANGUARD INDEX FDSSOLE	MCAP VL IDXVIP	114.88K	SH	$22.70M 2.75%	76.65K	38.23K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	159.46K	SH	$22.63M 2.74%	106.19K	53.26K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA EME	419.49K	SH	$21.81M 2.64%	280.53K	138.95K
ISHARES TRSOLE	MBS ETF	224.02K	SH	$21.17M 2.56%	163.08K	60.94K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	73.20K	SH	$17.79M 2.15%	48.74K	24.46K
ISHARES TRSOLE	7-10 YR TRSY BD	183.98K	SH	$17.40M 2.10%	98.50K	85.48K
VANGUARD INDEX FDSSOLE	MCAP GR IDXVIP	50.09K	SH	$15.34M 1.86%	33.37K	16.72K
TORTOISE CAPITAL SERIES TRUSSOLE	NORTH AMRCN PIPE	345.75K	SH	$14.50M 1.75%	241.07K	104.68K
FIRST TR EXCHNG TRADED FD VISOLE	FT ENER INCO ETF	610.46K	SH	$13.33M 1.61%	425.60K	184.87K
ISHARES TRSOLE	10-20 YR TRS ETF	127.89K	SH	$12.83M 1.55%	92.70K	35.19K
BONDBLOXX ETF TRUSTSOLE	BLOOMBERG FVE YR	242.90K	SH	$11.82M 1.43%	176.04K	66.86K
SPDR SERIES TRUSTSOLE	ST STR P500ETF	124.41K	SH	$10.93M 1.32%	87.74K	36.66K
STATE STR SPDR S&P MIDCAP 40SOLE	UTSER1 S&PDCRP	15.54K	SH	$10.93M 1.32%	13.49K	2.05K
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	29.75K	SH	$10.88M 1.32%	19.76K	9.99K
ISHARES TRSOLE	MSCI EAFE ETF	97.43K	SH	$10.12M 1.22%	91.68K	5.75K
FIRST TR EXCHANGE TRADED FDSOLE	SMID RISNG ETF	220K	SH	$9.49M 1.15%	2.30K	217.70K
ISHARES TRSOLE	AGENCY BOND ETF	83.42K	SH	$9.12M 1.10%	60.46K	22.96K
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	339.27K	SH	$8.99M 1.09%	245.90K	93.37K

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