HENNION & WALSH ASSET MANAGEMENT, INC.

PrivateCIK: 1861642

Location

PARSIPPANY, NJ

929

Positions

$2.97B

Total AUM (reported)

110.35M

Total Shares

Allocation by class

COM$1.67B56.1%

CORE S&P500 ETF$115.93M3.9%

COM NEW$98.30M3.3%

ACTIVEBETA US LG$70.46M2.4%

CL A$66.62M2.2%

DYNAMIC INTL EQT$58.71M2.0%

SH BEN INT$47.58M1.6%

Portfolio Concentration

Top 3$245.11M8.2%

4–10$292.51M9.8%

11–25$327.68M11.0%

Rest$2.11B70.9%

Top 3 weight

8.2%

Top 10 weight

18.1%

Voting Authority Distribution

Total shares with voting rights: 110.35M

Sole

Full voting authority

98.91M

% of voting shares89.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

11.44M

% of voting shares10.4%

Investment Discretion (by position count)

Sole929

Shared0

Other0

Dominant voting typeSole · 89.6% of voting shares

Institutional Holdings929

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares177.48K

TypeSH

Market value$115.93M

3.90%

Sole

0.00

Shared

0.00

None

177.48K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares563.10K

TypeSH

Market value$70.46M

2.37%

Sole

0.00

Shared

0.00

None

563.10K

WISDOMTREE TR

SOLE

DYNAMIC INTL EQT

Shares1.33M

TypeSH

Market value$58.71M

1.98%

Sole

0.00

Shared

0.00

None

1.33M

BLACKROCK MUNIYILD QULT FD I

SOLE

COM

Shares4.70M

TypeSH

Market value$50.55M

1.70%

Sole

4.70M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares236.09K

TypeSH

Market value$46.32M

1.56%

Sole

0.00

Shared

0.00

None

236.09K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA INT

Shares1.04M

TypeSH

Market value$44.71M

1.50%

Sole

0.00

Shared

0.00

None

1.04M

PROSHARES TR

SOLE

S&P 500 HIGH INC

Shares1.01M

TypeSH

Market value$43.59M

1.47%

Sole

11.92K

Shared

0.00

None

993.57K

COLUMBIA ETF TR II

SOLE

EM CORE EX ETF

Shares959.84K

TypeSH

Market value$39.17M

1.32%

Sole

0.00

Shared

0.00

None

959.84K

ISHARES TR

SOLE

INVESTMENT GRADE

Shares782.97K

TypeSH

Market value$35.28M

1.19%

Sole

26.04K

Shared

0.00

None

756.92K

JANUS DETROIT STR TR

SOLE

HENDERSN CAP ETF

Shares469.62K

TypeSH

Market value$32.89M

1.11%

Sole

0.00

Shared

0.00

None

469.62K

BLACKROCK MUNIHOLDINGS FD IN

SOLE

COM

Shares2.69M

TypeSH

Market value$30.38M

1.02%

Sole

2.69M

Shared

0.00

None

0.00

ALPHABET INC

SOLE

CAP STK CL A

Shares92.17K

TypeSH

Market value$26.51M

0.89%

Sole

92.17K

Shared

0.00

None

0.00

ISHARES TR

SOLE

PFD AND INCM SEC

Shares821.92K

TypeSH

Market value$24.92M

0.84%

Sole

12.11K

Shared

0.00

None

809.81K

NVIDIA CORPORATION

SOLE

COM

Shares135.92K

TypeSH

Market value$23.70M

0.80%

Sole

129.45K

Shared

0.00

None

6.48K

NUVEEN AMT FREE MUN CR INC F

SOLE

COM

Shares1.92M

TypeSH

Market value$23.65M

0.80%

Sole

1.92M

Shared

0.00

None

0.00

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares115.06K

TypeSH

Market value$22.08M

0.74%

Sole

0.00

Shared

0.00

None

115.06K

NUVEEN MUN VALUE FD INC

SOLE

COM

Shares2.44M

TypeSH

Market value$21.94M

0.74%

Sole

2.44M

Shared

0.00

None

0.00

CELCUITY INC

SOLE

COM

Shares182.60K

TypeSH

Market value$20.84M

0.70%

Sole

182.60K

Shared

0.00

None

0.00

ISHARES TR

SOLE

HIGH YLD CORP BD

Shares674.07K

TypeSH

Market value$19.88M

0.67%

Sole

5.22K

Shared

0.00

None

668.85K

NUVEEN AMT FREE QLTY MUN INC

SOLE

COM

Shares1.76M

TypeSH

Market value$19.75M

0.66%

Sole

1.76M

Shared

0.00

None

0.00

PIMCO MUN INCOME FD II

SOLE

COM

Shares2.60M

TypeSH

Market value$19.70M

0.66%

Sole

2.60M

Shared

0.00

None

0.00

BROADCOM INC

SOLE

COM

Shares63.24K

TypeSH

Market value$19.57M

0.66%

Sole

58.51K

Shared

0.00

None

4.74K

AMAZON COM INC

SOLE

COM

Shares89.33K

TypeSH

Market value$18.61M

0.63%

Sole

86.65K

Shared

0.00

None

2.69K

ANALOG DEVICES INC

SOLE

COM

Shares56.98K

TypeSH

Market value$18.13M

0.61%

Sole

55.47K

Shared

0.00

None

1.51K

APPLIED MATLS INC

SOLE

COM

Shares52.73K

TypeSH

Market value$18.02M

0.61%

Sole

52.73K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRSOLE	CORE S&P500 ETF	177.48K	SH	$115.93M 3.90%	0.00	177.48K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	563.10K	SH	$70.46M 2.37%	0.00	563.10K
WISDOMTREE TRSOLE	DYNAMIC INTL EQT	1.33M	SH	$58.71M 1.98%	0.00	1.33M
BLACKROCK MUNIYILD QULT FD ISOLE	COM	4.70M	SH	$50.55M 1.70%	4.70M	0.00
VANGUARD INDEX FDSSOLE	VALUE ETF	236.09K	SH	$46.32M 1.56%	0.00	236.09K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA INT	1.04M	SH	$44.71M 1.50%	0.00	1.04M
PROSHARES TRSOLE	S&P 500 HIGH INC	1.01M	SH	$43.59M 1.47%	11.92K	993.57K
COLUMBIA ETF TR IISOLE	EM CORE EX ETF	959.84K	SH	$39.17M 1.32%	0.00	959.84K
ISHARES TRSOLE	INVESTMENT GRADE	782.97K	SH	$35.28M 1.19%	26.04K	756.92K
JANUS DETROIT STR TRSOLE	HENDERSN CAP ETF	469.62K	SH	$32.89M 1.11%	0.00	469.62K
BLACKROCK MUNIHOLDINGS FD INSOLE	COM	2.69M	SH	$30.38M 1.02%	2.69M	0.00
ALPHABET INCSOLE	CAP STK CL A	92.17K	SH	$26.51M 0.89%	92.17K	0.00
ISHARES TRSOLE	PFD AND INCM SEC	821.92K	SH	$24.92M 0.84%	12.11K	809.81K
NVIDIA CORPORATIONSOLE	COM	135.92K	SH	$23.70M 0.80%	129.45K	6.48K
NUVEEN AMT FREE MUN CR INC FSOLE	COM	1.92M	SH	$23.65M 0.80%	1.92M	0.00
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	115.06K	SH	$22.08M 0.74%	0.00	115.06K
NUVEEN MUN VALUE FD INCSOLE	COM	2.44M	SH	$21.94M 0.74%	2.44M	0.00
CELCUITY INCSOLE	COM	182.60K	SH	$20.84M 0.70%	182.60K	0.00
ISHARES TRSOLE	HIGH YLD CORP BD	674.07K	SH	$19.88M 0.67%	5.22K	668.85K
NUVEEN AMT FREE QLTY MUN INCSOLE	COM	1.76M	SH	$19.75M 0.66%	1.76M	0.00
PIMCO MUN INCOME FD IISOLE	COM	2.60M	SH	$19.70M 0.66%	2.60M	0.00
BROADCOM INCSOLE	COM	63.24K	SH	$19.57M 0.66%	58.51K	4.74K
AMAZON COM INCSOLE	COM	89.33K	SH	$18.61M 0.63%	86.65K	2.69K
ANALOG DEVICES INCSOLE	COM	56.98K	SH	$18.13M 0.61%	55.47K	1.51K
APPLIED MATLS INCSOLE	COM	52.73K	SH	$18.02M 0.61%	52.73K	0.00

Page 1 of 38

…