BANK STOCKS TO BUY AMID THE TURMOIL • PAGE 12

VOL. CIII NO. 11 MARCH 13, 2023 $5.00

PLUS

The Top
1200
Financial
Advisors
of 2023
PULLOUT
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SECTION

Benioff
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Strikes
Back
As growth slows at Salesforce, the CEO
has a new pitch: profits. PAGE 20

>
63142
 C O NT EN TS 03.13.23 VOL.CIII NO.11

SPECIAL PULLOUT P. 15 P. 7

Barron’s Top 1200 Up & Down Wall Street:

Advisors Ranking Spending Cuts Preceded Crash Fed’s Collateral Damage
Our annual state-by-state ranking Norfolk Southern spent less than its peers on inspections, repairs, and maintenance in By RANDALL W. FORSYTH
finds top advisors reworking their the years before recent derailments, a Barron’s analysis finds. By BILL ALPERT
asset allocations to adapt to rising P. 9
inflation and interest rates. Plus,
Q&As with six winners.
Streetwise: Dodging
the Yield Curveball
P. 20 By JACK HOUGH

Salesforce CEO Marc P. 26

Benioff’s New Focus
Cover Story: Benioff’s larger-than-
Income: A Healthy
life personality is on full display as Outlook for Dividends
he tells us how he plans to boost By LAWRENCE C. STRAUSS
the enterprise software maker’s
profits—and reignite its stock. P. 33
By ANDY SERWER
Trader: SVB’s Failure
P. 12 Could Placate the Fed
SVB Tanked Big Banks. By JACOB SONENSHINE
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It’s a Chance to Shop. P. 36

High-quality banks such as Wells
Fargo and JPMorgan can weather
Euro Trader: Zalando’s
this latest industry challenge. Retail Aspirations
By CARLETON ENGLISH By BRIAN SWINT

P. 13 P. 36
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

GE Healthcare Could Emerging Markets:

Soon Hit Its Stride Risks in Vietnam
The imaging giant is under Wall By CRAIG MELLOW
Street’s radar, despite its strong A Norfolk Southern train, above, derailed in Alabama on Thursday, the same day CEO Alan Shaw
testified before Congress about derailments.
start as an independent company P. 38
and its solid growth prospects.
By AL ROOT
Striking Price: A Way
to Trim Trading Fees
P. 14 BANK STOCKS TO BUY AMID THE TURMOIL • PAGE 12
P. 30 P. 28 By STEVEN M. SEARS

Picking Your Spots VOL. CIII NO. 11 MARCH 13, 2023 $5.00
Viewing Tech Stocks Funds: The Right P. 39
Among 2023’s Spinoffs Through a Value Lens Time to Buy a Fund
PLUS

The Top
1200

Commodities: Rising
Financial
Advisors
of 2023
PULLOUT
SECTION

Here are the smartest ways to bet Benioff Q&A: Why stocks like Alphabet By LEWIS BRAHAM
on the coming corporate shake-ups Strikes
Back
As growth slows at Salesforce, the CEO
are cheaper than they look. Demand for Platinum
at Kellogg, Johnson & Johnson, P. 24
has a new pitch: profits. PAGE 20

By LAUREN R. RUBLIN By MYRA P. SAEFONG

Crane, and BorgWarner.
Economy: A Wage-

Courtesy of Calhoun County Sheriff’s Office

Photograph by
By NICHOLAS JASINSKI P. 23
Jessica Chou
Price Spiral Is Unlikely Barron’s Roundtable
P. 18 © 2023 Dow Jones & Company,
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Monday. Editorial and Publication
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 March 13, 2023 BARRON’S 3

THE INDUSTRIAL SECTOR OF THE S&P 500 IN ONE ETF

Sector SPDRs allow you to invest in pieces of the S&P 500. Like Industrial. While adding diversification and reducing single stock risk. These ETFs

combine the diversification of a mutual fund and the tracking of an index with transparency and liquidity.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

XLI INDUSTRIAL SECTOR SPDR ETF TOP 10 HOLDINGS*

Company Name

Raytheon Technologies
Symbol

RTX
Weight

5.10%
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

United Parcel Service B UPS 4.71%

Honeywell Intl HON 4.55%
Union Pacific UNP 4.51%
Caterpillar CAT 4.41%
Deere DE 4.07%
Boeing BA 3.99%
Lockheed Martin LMT 3.91%
*Components and weightings as
of 2/28/23. Please see website for General Electric GE 3.27%
daily updates. Holdings subject
Eaton ETN 2.46%
to change.

Aninvestorshouldconsiderinvestmentobjectives,risks,chargesandexpensescarefullybeforeinvesting.Toobtainaprospectus,whichcontainsthisandotherinformation,call1-866-SECTOR-ETFor
visit www.sectorspdrs.com. Read the prospectus carefully before investing.
The S&P 500, SPDRs®, and Select Sector SPDRs® are registered trademarks of Standard & Poor’s Financial Services LLC. and have been licensed for use. The stocks included in each Select Sector Index were selected by the compilation agent.
Their composition and weighting can be expected to differ to that in any similar indexes that are published by S&P. The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S.
stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. Investors cannot invest directly in an index.
The S&P 500 Index figures do not reflect any fees, expenses or taxes. Ordinary brokerage commissions apply. ETFs are considered transparent because their portfolio holdings are disclosed daily. Liquidity is characterized by a high level
of trading activity.
Select Sector SPDRs are subject to risks similar to those of stocks, including those regarding short-selling and margin account maintenance. All ETFs are subject to risk, including possible loss of principal. Funds focusing on a single sector
generally experience greater volatility. Diversification does not eliminate the risk of experiencing investment losses.
ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
 4 BARRON’S March 13, 2023

I N D EX
Our index lists significant companies mentioned in stories and columns, For Customer Service, call 1 (800) 544-0422, or go to
plus Research Reports, and Corrections & Amplifications. The references customercenter.barrons.com. For reprints of articles,
are to the first page of the item in which the company is mentioned. call 1 (800) 843-0008, or go to djreprints.com.

A Adobe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,31 JPMorgan Chase . . . . . . . . . . . . . . . . . . . . . . . . . . 12 M Macquarie Group . . . . . . . . . . . . . . . . . . . . . . . . . . 10 P PacWest Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Aflac . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Meta Platforms . . . . . . . . . . . . . . . . . . . . . . . . . 11,31 PNC Financial Services Group . . . . . . . . . . . . . 12
Airbus . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 K Kellogg . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,37 MetLife . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Alibaba Group Holding . . . . . . . . . . . . . . . . . . . . 31 Keurig Dr Pepper . . . . . . . . . . . . . . . . . . . . . . . . . 37 Microchip Technology . . . . . . . . . . . . . . . . . . . . . . 26
Allbirds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 KeyCorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Morgan Stanley . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Q Qualtrics International . . . . . . . . . . . . . . . . . . . . . 37
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 Kia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 M&T Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 KKR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
American Express . . . . . . . . . . . . . . . . . . . . . . . . . 31 KOSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 N Newmont . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 R Radius Global Infrastructure . . . . . . . . . . . . . . . 37
Apollo Global Management . . . . . . . . . . . . . . . . . 10 Regions Financial . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Ares Management . . . . . . . . . . . . . . . . . . . . . . . . . 10 L Lennar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 O Okta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
Lowe’s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 O'Reilly Automotive . . . . . . . . . . . . . . . . . . . . . . . . 34
LyondellBasell Industries . . . . . . . . . . . . . . . . . . 11 S Saigon Beer Alcohol Beverage . . . . . . . . . . . . . 36
B Bank of America . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Salesforce . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Baxter International . . . . . . . . . . . . . . . . . . . . . . . 13 Samsung Electronics . . . . . . . . . . . . . . . . . . . . . . . 19
Bayer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 SAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Berkshire Hathaway . . . . . . . . . . . . . . . . . . . . 15,30 Sea . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Best Buy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Siemens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18
Blackstone . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Siemens Healthineers . . . . . . . . . . . . . . . . . . . . . . 13
BMW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 Signature Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Booking Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . 34 Silvergate Capital . . . . . . . . . . . . . . . . . . . . . 7,10,40
Broadcom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Snap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Rupert Murdoch Executive Chairman, News Corp
Spirit Airlines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Robert Thomson CEO, News Corp Almar Latour CEO, Dow Jones
SVB Financial Group . . . . . . . . . . . . . . . 7,10,33,40
C Canadian Pacific Railway . . . . . . . . . . . . . . . . . . 16 SENIOR VICE PRESIDENT, BARRON’S GROUP Mae M. Cheng Sysco . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42
Carlyle Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
ASSOCIATE PUBLISHER, BARRON’S GROUP Dan Shar
Caterpillar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Charles Schwab . . . . . . . . . . . . . . . . . . . . . . . . . . 7,40 MANAGING EDITOR, BARRON’S GROUP Dave Pettit T Taiwan Semiconductor Manufacturing . . . . . . 19
Coca-Cola . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Telecom Italia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
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Comcast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,35 EDITOR IN CHIEF David Cho

Tesla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Commercial Bank for Foreign Trade of Vietnam Texas Instruments . . . . . . . . . . . . . . . . . . . . . . . . . 26
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin
Crane Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
CrowdStrike Holdings . . . . . . . . . . . . . . . . . . . . . 35 Alex Eule, Ben Levisohn
DEPUTY EDITORS
U Union Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt United Natural Foods . . . . . . . . . . . . . . . . . . . . . . 40
MANAGING EDITORS Kristen Bellstrom, Matt Bemer, Daren Fonda, Joe Woelfel U.S. Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
D Danaher . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Darden Restaurants . . . . . . . . . . . . . . . . . . . . . . . 26 ASSISTANT MANAGING EDITORS Henry Cutter, Mel Gray, Anita Hamilton, Mary Romano,
Dell Technologies . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Robert Sabat, Rupert Steiner (London bureau chief) V Verisk Analytics . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

DexCom . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 V.F. Corp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

DocuSign . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz Vietnam Dairy Products . . . . . . . . . . . . . . . . . . . 36
Dollar General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 SENIOR WRITERS Bill Alpert, Megan Cassella, Lauren Foster, Nicholas Jasinski, Tae Kim, Joe Light, Vista Outdoor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Dover . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 Elizabeth O’Brien, Al Root, Avi Salzman, Lawrence C. Strauss Volkswagen. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

REPORTERS Rosalind Adams, Jacob Adelman, Janet H. Cho, Adam Clark, Emily Dattilo, Jack Denton,
E eBay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Catherine Dunn, Carleton English, Sabrina Escobar, Callum Keown, Evie Liu, Shaina Mishkin, Josh Nathan-Kazis, W Walt Disney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Equitable Holdings . . . . . . . . . . . . . . . . . . . . . . . . . 9 Angela Palumbo, Teresa Rivas, Connor Smith, Jacob Sonenshine, Brian Swint, Karishma Vanjani Wells Fargo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Western Alliance Bancorp. . . . . . . . . . . . . . . . . . . 7
STORY EDITORS Ed Lin, Erin McCarthy, Patrick O’Donnell, Stacy Ozol, Neal Templin, J.J. Thompson WW International . . . . . . . . . . . . . . . . . . . . . . . . . 40
F FedEx . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,31 COPY DESK Michael J. Burlingham, Richard Rescigno, Robert Teitelman
Fifth Third Bancorp . . . . . . . . . . . . . . . . . . . . . . . 12
First Watch Restaurant Group . . . . . . . . . . . . . 42 IDEAS EDITOR Matt Peterson Z Zalando . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
Ford Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,26 Zscaler . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary
FPT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Nick Devor, Clare McKeen

G GE HealthCare Technologies . . . . . . . . . . . . . . 13 DESIGN DIRECTOR Chelsea Schiff

General Electric . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 ART DIRECTORS Lynne Carty, Nick Hallam, Sue Ng
DIRECTOR OF PHOTOGRAPHY Sarina Finkelstein PHOTO EDITORS Alis Atwell, Halie Chavez, Nicole Silver

H Hanesbrands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 RESEARCH DIRECTOR Pauline Yuelys RESEARCHER Dan Lam

Herc Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 STATISTICS MANAGER Michael T. Kokoszka STATISTICIAN Darren Chima
Hewlett Packard Enterprise . . . . . . . . . . . . . . . 25
Honda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 ADVERTISING SERVICES MANAGERS James H. Balmer, Ward S. McGuiness
HP Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 NEWS [email protected] STATISTICS [email protected] CUSTOMER SERVICE 800-544-0422
Huntington Bancshares . . . . . . . . . . . . . . . . . . . . 12
EDITOR AT LARGE Andy Serwer
GLOBAL HEAD, WEALTH & ASSET MANAGEMENT Jack Otter
I IBM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Barron’s is a trademark of Dow Jones and its affiliates. Barron’s (USPS 044-700) (ISSN 1077-8039) Published every Monday. Editorial and Publication
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March 13, 2023
BARRON’S
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6
BARRON’S
March 13, 2023
 March 13, 2023 BARRON’S 7

UP & D OWN WALL STREET

The plunge in financial stocks reduced market
expectations for the size of the next Fed rate hike.
It’s now seen as likely to be 0.25%, not 0.50%.

Silicon Valley Bank

rate cuts starting as early as November. In the flight from financials, the
This ratcheting down of rate expec- yield on the two-year Treasury note—
tations was the counterpoint to the the maturity tied most closely to Fed
decimation of financial stocks. Almost rate expectations—plunged by 31 basis

Failure May Lead to

every description of the Silicon Valley points (0.31%) on Friday, to 4.59%.
debacle termed it idiosyncratic, be- That brought its decline since Wednes-
cause of that institution’s concentra- day to 48 basis points—a move compa-
tion on the tech sector, in which many rable to the massive reactions to the

Smaller Fed Rate Hike

of its customers are burning cash. October 1987 stock market crash, Leh-
But that notion was belied by the man Brothers’ failure in September
plunge in an array of financials, which 2008, and the 9/11 terrorist attacks,
dragged down the overall market. Jim Bianco, the eponym of Bianco
That was highlighted by the SPDR Research, tweeted on Friday. But he
S&P Regional Banking exchange- doubts that Silicon Valley Bank’s fail-

T
traded fund (KRE), which fell 16% on ure is comparable to those episodes.
he second-largest Powell’s hawkish rhetoric, along with the week, including 4.4% on Friday. Still, the reactions in the stock and
bank failure in U.S. relatively strong job numbers, would be Smaller stocks, many of them finan- debt markets show what can happen
history might help pointing to a 50-basis-point (one-half of cials, also took it on the chin, with the when the Fed is singularly focused on
the Federal Reserve a percentage point) hike in the central iShares Russell 2000 ETF (IWM) fighting inflation by tightening mone-
do its job of tighten- bank’s federal-funds target at the next off 8% on the week and almost 3% on tary policy, wrote Paul Ashworth,
ing credit and slow- meeting of the Federal Open Market Friday. chief U.S. economist at Capital Eco-
ing the economy. Committee, concluding on March 22. Rightly or not, some individual bank nomics, in a client note late on Friday.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

To be sure, the sudden collapse of But after putting a near-80% proba- stocks were pummeled for perceived SVB’s woes stemmed from being
the Silicon Valley Bank unit of SVB bility on such a move, fed-funds futures similarities to SVB. PacWest Bancorp hit with $1.8 billion in losses as it liq-
Financial Group (ticker: SIVB) BY RANDALL dialed that back by week’s end and (PACW) plunged 37.9% on Friday and uidated about $21 billion in Treasury
wasn’t part of the Fed’s plan. But it W. FORSYTH placed about a 60% probability on a 55.3% on the week, while the hits were and mortgage-backed securities,
nonetheless seems an inevitable re- 25-basis-point rise from the current 20.9% and 34.8% at Western Alliance which dove in value because of the
sult of ending the era of free money 4.50% to 4.75% target range, according Bancorp (WAL). Elsewhere, Charles Fed’s rate hikes over the past year. If
that funded not only the technology to the CME FedWatch site. Moreover, Schwab (SCHW) fell 11.7% on Friday other banks also have to sell off secu-
sector, but also an array of other in- the futures market was pricing in Fed and 24.2% on the week. rities at losses or pay up to hold on to
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

vestments that suddenly have been deposits, either action would, at mini-
made less viable by the prospect of mum, be negative for their profits.
short-term rates approaching 5%. “Even if SVB doesn’t trigger a
Stocks fell again in the week just broader financial contagion, it could
ended, led lower by financial issues, still lead to a further tightening of
most notably regional banks. At the credit conditions that tips the econ-
same time, the signs of distress in omy,” Ashworth concluded. The Fed’s
the financial sector sent yields on most recent Senior Loan Officer Opin-
Treasuries—especially shorter ion Survey, released in January, indi-
maturities—tumbling, as expectations cated that standards for lending to
of near-term Fed hikes fell sharply. businesses and consumers already
Indeed, the failure of Silicon Valley have become more stringent.
Bank—with over $200 billion in All of which reduced the relevance
assets, second only to the collapse of of February’s jobs data for the market.
Washington Mutual with $300 billion The headline rise in nonfarm payrolls
during the financial crisis in 2008— of 311,000 once again was far ahead
superseded what had been the most of economists’ consensus guess of
highly anticipated events going into 215,000, but the rise in average hourly
the week. Those were Fed Chairman earnings of 0.2% trailed forecasts.
Jerome Powell’s congressional testi- And the unemployment rate, derived
mony on the economy and monetary from a separate survey of households,
policy, and Friday’s release of Febru- ticked up to 3.6% last month from
ary’s employment data. 3.4%, but in a good way, because of
Were it not for the financial tur- a rise in labor-force participation.
moil—which started with the liquida- The big number for the coming
BA-CH045

tion of the small Silvergate Bank, a unit week will be Tuesday’s release of the
of Silvergate Capital (SI) that focused consumer price index for February.
on cryptocurrency-related lending— A worker tells worried depositors on Friday that the bank’s Santa Clara, Calif., headquarters is closed. An increase of 0.4%, both overall and
 8 BARRON’S March 13, 2023

Up & Down Wall Street (continued)

in the core measure excluding food and Over the next decade, the dollar would
energy, is projected. That presumably retrace all of its gains and return to its
would keep the Fed on course for the late-1970s low. Then, in the latter half of
anticipated 25-basis-point hike later this the 1990s, Robert Rubin, President Bill
month. But the focus is likely to be more Clinton’s second Treasury secretary,
on the banking sector. declared that a strong currency was in
America’s interest. The dot-com boom

A
n exorbitant privilege or a curse? was a magnet for global capital, contribut-
Both terms have been used to ing to a 33% gain for the greenback. After
describe the U.S. dollar’s unique the tech bust at the end of the 20th cen-
status as the world’s primary tury, the currency plunged into a long
reserve currency. It’s the main medium of bear market that didn’t bottom until the
exchange for global trade and finance, and recovery from the 2008-09 financial
the premier store of value for financial crisis in 2010.
institutions and corporations around the After a rebound from mid-2014
Investing in Education would like to world, as well as for individuals abroad
who prefer greenbacks to their own less-
through early 2017, the dollar has been in
a relatively narrow range, at least com-
stable currencies. pared with previous swings. And in that
recognize and thank Barbara Hudock Valéry Giscard d’Estaing, France’s fi- time, Washington has moved away from
nance minister from 1969 to 1974 before Rubin’s strong-dollar mantra. President
and Michael Hudock, Jr. for becoming his nation’s president, charged Donald Trump regularly decried the cur-
that the dollar’s central role let the U.S. rency’s strength as harmful to U.S. pro-
sponsoring the following colleges run sustained balance-of-payments defi- ducers, drawing rare agreement from Sen.
cits without a penalty, whereas other Elizabeth Warren (D., Mass.), at the oppo-
and universities to improve financial deficit-carrying countries would be forced
to tighten monetary and fiscal policies or
site end of the political spectrum.
The dollar’s premier status also has at-
proficiency for the next generation.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

suffer a weaker currency. But, as John tracted increasing criticism from abroad,
Connally, Treasury secretary in the Nixon notably from China. Beijing asserted that
administration, famously asserted to his the U.S. stimulus following the financial
foreign counterparts, “The dollar is our crisis started a currency war, cheapening
n Bloomsburg University currency, but it is your problem.” the greenback to boost America’s economy.
n Bucknell University In contrast, in a little-noted exchange Foreign complaints also have followed the
with Powell during his congressional testi- sanctions imposed on Russia for its war on
n Pennsylvania College of Technology mony this past week, Sen. J.D. Vance (R., Ukraine—meant to bar Moscow from the
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Ohio) contended that the dollar’s reserve dollar-based international financial system.
n Susquehanna University currency status is a “curse.” While it Vance contends that the dollar’s reserve
makes imports—which he called “mostly status has helped hollow out U.S. manufac-
n University of Alabama useless”—cheaper, it imposes a “massive turing. But a research note this past week
tax” on American producers. from Piper Sandler’s economics team, led
Over the past half-century, since the by Nancy Lazar, highlights the “U.S. manu-
end of the Bretton Woods system of fixed facturing renaissance” resulting from the
exchange rates for major currencies “onshoring” of facilities in recent years.
Barbara Hudock against the greenback—which, in turn, The trend accelerated after the pandemic
Founding Partner & CEO was convertible into gold at $35 an and the massive disruption of global supply
Hudock Capital Group, LLC ounce—U. S. politicians’ attitudes on the chains. But the Piper Sandler group points
dollar have swung back and forth. After out that it started in 2010, “when it became
Michael Hudock, Jr. President Richard Nixon let it float, or increasingly clear to the private sector that
Founding Partner & President more accurately, sink, Jimmy Carter’s producing outside the U.S. was becoming
Hudock Capital Group, LLC Treasury secretary, W. Michael Blumen- dis-economic—for lots of reasons.” And
thal, appeared to endorse a cheaper buck. that was while the dollar was mostly on
That stance, plus the Fed’s failed policies the rise.
in the 1970s, mainly produced double-digit The most proximate threat to the dol-
inflation. But by March 1985, then-Fed lar’s status would be a U.S. default if Con-
Chairman Paul Volcker’s anti-inflation cam- gress doesn’t raise the debt ceiling. Failing
paign, featuring 20% interest rates, com- to put the government’s debt on a long-
bined with President Ronald Reagan’s fiscal term sustainable path also would threaten
policies, boosted the buck’s value by 50% the greenback, putting it on a trajectory
(as measured by the U.S. Dollar Index, bet- similar to that followed by the British
ter known by its symbol, DXY). That over- pound, beginning a century ago. And that
shoot produced the Plaza Accord in early would indeed be a curse. B
1985, aimed at weakening the greenback
© 2023 Dow Jones & Company, Inc. All rights reserved. 2EIIE6072 and stabilizing exchange rates. email: [email protected]
 March 13, 2023 BARRON’S 9

ST R E E T W I S E
For investors worried about a crash, the market’s
volatility index implies little fear of one, which
means options to make a long-shot bet are cheap.

Can Stocks Beat 5%

shrank 2% with tech stocks included, so I imagine. Morgan Stanley was
and expanded 5% without them. there, and it described the mood as
Golub calls consumer stocks, “cautious optimism.” I suppose that’s
healthcare, and energy “reasonably a fair summary of the business model,

T-Bills? And What the

attractive.” For investors who are wor- too. If you’re going to write me a life
ried about a crash, the stock market’s insurance policy, you have to be opti-
volatility index implies little fear of mistic enough to think that I won’t
one, which means using options to keel over by Thursday, but cautious

Heck Is ‘Out-Dexing?’
make a long-shot bet on one is cheaper enough to not sell too cheaply.
than usual. That’s only part of it. Since insur-
BofA Research recommends “out- ance companies typically charge to-
dexing,” or owning the S&P 500 in- day for benefits that they won’t pro-
dex, minus industries that don’t look vide for many years, if ever, a big part
likely to beat the 5% to 6% that inves- of the job is earning decent returns

A
tors can collect on cash and safe on safe investments. That looked im-
top Wall Street fore- investors expect the economy to slow. bonds. Most industries fall short, it possible for about a decade. Now
caster told me how to They’re usually right. turns out. Out of 24, BofA likes seven, good yields on safe investments
beat the stock market Credit Suisse counts six yield- especially energy, media and enter- abound. Hence, the optimism. But if
from here: Buy a curve inversions over the past 50 tainment, and telecom. Also included rates rise too quickly, the economy
Treasury bill. I would years, with economic recessions fol- are banks, real estate, transportation, could go kablooey, which brings us
leak the tip on Reddit, lowing each by an average of 11 and pharma. back to the caution.
but I’m not sure how months. The current inversion started The cheap stuff is even cheaper Companies are watching for signs
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

many moon rocket emojis to use. in October, so we should be due for than usual, which means returns of credit deterioration, but not seeing
A six-month Treasury yields 5.1%. growth to stall out by the end of sum- there could be good, or as the firm’s them yet, writes Morgan Stanley. Its
That’s close to the “earnings yield” of BY JACK mer. But instead, we won’t get a reces- strategists put it, “valuation disper- top picks in the group are Equitable
the S&P 500, or earnings as a percent- HOUGH sion until late 2025, reckons Golub. sion within the S&P 500 suggests (ticker: EQH), where it sees more than
age of price. On that basis, safe bonds That’s because what matters most for bigger alpha potential than usual.” 50% upside; MetLife (MET), 30%;
are the best deal they’ve been relative the timing of these things is when the As tempting as it sounds to, um, and Aflac (AFL), 15%.
to stocks in decades. yield curve uninverts, and that won’t outdex my way through the uninver- I spoke this past week with Fred
“I’m hearing a lot of really smart happen soon, judging by pricing on sion for big alpha, what if I just keep Crawford, the chief operating officer
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

equity guys asking that question, Treasury futures. plunking savings into the broad stock at Aflac, who is seen as a favorite to
which is, ‘Help me make the case. Expect tepid growth, elevated but market? BofA says that the S&P 500 succeed the insurer’s 71-year-old CEO,
Why do I need to be in U.S. equities?’ not fierce inflation, and meager earn- is priced for 5% average yearly gains Dan Amos. Aflac sells supplemental
” says Jonathan Golub, chief U.S. eq- ings gains. Things won’t be bad plus dividends over the next decade, insurance that covers major diseases
uity strategist at Credit Suisse. “And I enough for defensives to earn their which is a few points more than the and accidents. It’s for families that
say to them, ‘It’s not my job to make keep. Credit Suisse’s S&P 500 target 10-year Treasury yield. Plunk it is, might struggle to come up with sev-
the case.’ ” implies just 3% upside through the then. eral thousand dollars to pay out-of-
Investors who can commit for 10 rest of the year. What investors could pocket expenses that their main insur-
years or more should stick with use is a source of “secular growth,” or Duck and Coverage ance doesn’t cover.
stocks, but their returns are likely to growth that doesn’t depend on a If you couldn’t make it to this year’s Aflac has high market share in
be lower than they’re used to, says strong economy. Big tech has long Association of Insurance and Finan- Japan, with more room for growth in
Golub. Near term, defensive stocks been just that, but it doesn’t look par- cial Analysts annual conference in the U.S. Crawford says that the com-
don’t look great. Big tech is worse. ticularly growthy right now. During Naples, Fla., you missed a humdinger pany is focused on small businesses
Favor consumer stocks and health- the fourth quarter, market earnings of a panel discussion on annuities. Or that send workers to insurance ex-
care. And if you’re worried about a changes for major medical coverage,
market swoon, buy a hedge, which for but want to provide extra coverage at
now happens to be cheap. low cost in-house.
At the center of Golub’s outlook is BARRONS.COM/PODCASTS Aflac’s targeted approach is a com-
something called uninversion, which petitive strength. So is the duck,
sounds like yoga, and rightly so, be-
cause I might pull a hamstring trying
to explain it. Long-bond yields are
Barron’s Streetwise which helps keep advertising costs
low for a company of Aflac’s size. “It
performs as well or better than any
currently lower than short ones; the In a weekly podcast by Barron’s, columnist Jack Hough looks other ad campaign we can come up
10-year Treasury recently paid less at the companies, people, and trends you should be watching. with,” says Crawford. “And interest-
than 4%. That’s an unusual condition This is Wall Street like you’ve never heard before. Subscribe ingly, Jack, negotiations with the duck
known as an inverted yield curve— to Barron’s Streetwise on Spotify, Apple Podcasts, go pretty well each year.” B
“curve” referring to the shape of yields or your favorite listening app.
plotted on a graph. It can mean that email: jack.hough@barron’s.com
 10 BARRON’S March 13, 2023

R E VIEW 31,909.64
Dow Industrials: - 1481.33
468.84
Dow Global Index: - 18.30
3.69%
10-year Treasury Note: - 0.27

A Hawkish Powell HE SAID

Indexes opened the week quietly, wait-
ing for Federal Reserve Chairman Je- “This is the first sign that
rome Powell’s congressional testimony there might be some
and the February jobs report. Stocks
sold off after Powell warned of possi- kind of crack in the
ble higher rate rises to quell inflation.
Then bank jitters sent shares plung-
financial system.”
ing. Jobs Day turned out to be mixed: Smead Capital Management’s Bill Smead
on the Silicon Valley Bank debacle, in The
Payrolls topped forecasts at 311,000, Wall Street Journal
though wages cooled and unemploy-
ment ticked up. On the week, the Dow
industrials slumped 4.44% to
31,909.64; the S&P 500 shed 4.55% to
3861.59; and the Nasdaq Composite
lost 4.71% to 11,138.89. Ugly.

Implosion at SVB
PASSIVE WINS, EVEN IN A DOWNTURN California seized Silicon Valley Bank
on Friday—the largest bank failure

Active Funds: THE NUMBERS

since 2008—and named the Federal
Deposit Insurance Corp. as receiver.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SVB touched off a global bank selloff

A Narrow Loss $3.2B

after unloading bonds at a $1.8 billion
loss as tech-heavy deposits flowed out;
shares of its parent SVB Financial
Funding from Chinese listings in Group fell some 60% on Thursday, a
Zurich in 2022, nearly seven day after it attempted a $2.25 billion
Many expected active funds to shine last year. But, for times more than in New York. stock sale. Some venture firms urged
the 13th straight year, that didn’t happen. It was close: investors to pull their money. Sepa-

$30K Twitter’s Info Wars

For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

The S&P Indices Versus Active report—known as Spiva— rately, crypto bank Silvergate said it
found that 51% of U.S. large-cap stocks funds trailed the would liquidate. The Federal Trade Commission sought
S&P 500 index. Overall, 2022 “was the best underperfor- information on Elon Musk’s internal com-
mance we saw since 2009 and the fourth-best in the 20 Cost of a monkey for biomedical The Budget Battle munications at Twitter, which Musk de-
years we’ve been producing the scorecard,” says Anu research, up from $2,500 pre- President Biden disclosed a Medicare scribed in a tweet as “a shameful case of
Ganti, senior director of index investment strategy at pandemic, after a crackdown on solvency plan that featured a tax hike weaponization of a government agency.”
S&P Dow Jones Indices and a co-author of the report. illegal monkeys. and a number of cost-savings provi- The European Union rejected Musk’s plan
The S&P 500’s total return ended 2022 down 18%, sions, and a full $6.8 trillion budget to use artificial intelligence and volunteers
while bonds offered scant protection. Market volatility

21,714 plan with $3 trillion in savings. Repub- to moderate disinformation, demanding

Illustrations by Elias Stein; photograph by Christopher Goodney/Bloomberg

was high. One way to think about volatility is dispersion, licans rejected any tax hikes. Moody’s he hire more humans.
the spread of returns in an index or market. “What we Chief Economist Mark Zandi warned a
saw last year was relatively higher dispersion, and what Number of ultrawealthy individ- Senate subcommittee that defaulting on Annals of Deal Making
that means is, if you’re a stockpicker, and if you have uals worth over $30 million with the debt would trigger a recession, a KKR’s attempt to buy the landline oper-
skill, and if you make the call right, there’s greater poten- primary or secondary homes in loss of seven million jobs, and a finan- ation of Telecom Italia ran into compe-
tial to add value from stock selection,” says Ganti. An- New York, tops globally. cial crisis akin to 2008. tition from Italian state lender CDP and a
other factor: Megacap stocks, after eight years of out- unit of Macquarie Group. KKR’s pro-
performance, slumped. “Active equity funds tend to do
better when megacap names are underperforming, as it
can be tougher to overweight those names,” she says.
Spiva found that 63% of mid-cap funds, and 57% of
49.8%
Percentage of jobs held by
Xi’s Reset
China set its 2023 growth goal “around
5%” at the National People’s Congress,
the lowest in three decades, after fall-
posal sets a price of 20 billion euros
($21.3 billion) for the unit. The deal needs
Italy’s approval…The Financial Times
reported that private credit groups
small-cap funds, underperformed, compared with 41% women, outpacing men for four ing short of its goal in 2022, when it Blackstone, Apollo Global, and Ares
of small-cap value and 40% of small-cap core. Most inter- straight months. was still struggling with Covid. China’s Management are close to sealing a deal
national funds underperformed. Real estate and mid-cap foreign minister warned the U.S. not to to provide $5.5 billion to Carlyle Group
growth experienced the highest underperformance at 88% To get Numbers by Barron’s try to “contain” the country, calling it to buy a 50% stake in healthcare analyt-
and 91%, respectively. Active bond funds fared better: Just daily, sign up wherever hypocritical to support Ukraine while ics company Cotiviti from Veritas Capi-
6% of core-plus bond funds, 21% of general investment- you listen to podcasts or at threatening China over supporting tal, edging out the big banks…The Justice
grade funds, and 34% of investment-grade short and Barrons.com/podcasts Russia. The NPC passed a broad re- Department filed a lawsuit to block Jet-
intermediate funds underperformed. — Lauren Foster structuring of the state bureaucracy. Blue’s merger with Spirit Airlines.
 March 13, 2023 BARRON’S 11

P R EV IEW Wednesday The Bureau of Labor Statistics releases the Sign up for the Review &
producer price index for February. Economists
forecast that the PPI will show an increase of Preview daily newsletter at
5.4%, year over year, while the core PPI is expected to be up 5.3%. This com- Barrons.com/reviewpreview
pares with gains of 6% and 5.4%, respectively, in January.

Tuesday 3/14 The National Association of Home

Builders releases its Housing Market
Lennar reports first-quarter Index for March. The consensus call
fiscal-2023 results. is for a 40 reading, two points lower
than in February. While home build-
Caterpillar, LyondellBasell Indus- ers still have a gloomy outlook for the
tries, and Verisk Analytics hold housing market, it has brightened
investor meetings. somewhat compared with December,
which had the lowest reading for the
The National Federation of Inde- index in a decade, excluding one data
pendent Business releases its Small point at the onset of the pandemic.
Business Optimism Index for Febru-
ary. The consensus estimate is for a
91 reading, which would be the 14th Thursday 3/16
consecutive one below the 49-year
average of 98. In January, 45% of Dollar General and FedEx hold
small-business owners said that job conference calls to discuss quarterly
openings were hard to fill, a histori- results.
FROM PUPPIES TO TIKTOK cally elevated number.
The Census Bureau reports resi-

Facebook’s
Losing Friends The Bureau of Labor Statistics re- dential construction statistics for
Meta Platforms shares have fallen over leases the consumer price index for February. Expectations are for a sea-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

the past few year.s But they’ve shown February. Economists forecast that the sonally adjusted annual rate of 1.32
signs of life in 2023. CPI will show an increase of 6%, year million housing starts, slightly more

Face Change META / Nasdaq

$400
over year, compared with 6.4% in Janu-
ary. The core CPI, which excludes vola-
tile food and energy prices, is expected
to rise 5.5%, one-tenth of a percentage
than in January.

Friday 3/17
In a blog post this past week, Facebook laid out a case that it 300 point less than in the previous report.
isn’t dead. And it confirmed what you’ve probably already Federal Reserve Chairman Jerome The University of Michigan re-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

figured out: The social network has moved on from its origi- 200 Powell has stressed in recent months leases its Consumer Sentiment Index
nal focus of catching up with people you know. Tom Allison, that services inflation, excluding the for March. The forecast calls for a
whose title is “head of Facebook,” asserts in the post that the 100
cost of shelter, is what he’d most like to 67.4 reading, about even with Febru-
Meta Platforms unit is “off to a great start this year,” point- see decelerate. ary. While low historically, it would
ing to the fact that it reached two billion daily active users be the highest reading in more than
for the first time in December. “Facebook isn’t dead nor dy- 0 a year.
ing, but in fact is alive and thriving,” he writes. 2021
Source: FactSet
‘22 ‘23 Wednesday 3/15
But, as he points out, how people are using the site is
changing dramatically—largely because of adjustments Adobe announces first-quarter Coming Earnings
Facebook has made in the site’s news feed and in Reels, the
The Hook fiscal-2023 earnings.
Consensus Estimate Year ago

Facebook has more users than TikTok, M

short-video feature that competes with TikTok. “People are
but a lower level of engagement. BuzzFeed (Q4) $-0.03 $0.61
using Facebook for more than connecting with friends and The Census Bureau reports retail
T
family, but also to discover and engage around what is most 2021 average hours per month sales data for February. Consumer J. Jill (Q4) -0.10 0.15
important to them,” he writes. While the wording implies 2022 average hours per month spending likely rose 0.2%, month Smartsheet (Q4) 0.02 -0.12
The Beachbody Company (Q4) -0.10 -0.48
that users are making this choice, the fact is that Facebook over month, while retail sales, ex-
More Earnings on Page 59.
is looking more like TikTok—a platform to view third-party 30 cluding autos, are expected to show
content—and less like a traditional social network. an increase of 0.4%. This compares Consensus Estimate
Day Consensus Est Last Period
“There are billions of people on Earth doing interesting with gains of 3% and 2.3%, respec- T February CPI 0.40% 0.50%
things at any given time, and we’re working on opening up 20 tively, in January. The 3% jump was W February PPI 0.30% 0.70%

that world for more people by showing you content you’re the largest since March 2021, reflect- February Retail Sales 0.20% 3.0%
January Business Inventories 0.10% 0.30%
likely interested in,” he writes. The post underlines Meta’s ing the resilience of U.S. consumers. TH February Housing Starts 1,311,000 1,309,000
plan to provide tools to make it easy for everyone to become 10 That economic release, along with F February Capacity Utilization 78.5% 78.3%
a content generator, whether in text, photo, or video, which continued strength in the labor mar- February Industrial Production 0.40% 0.0%
Feburary Leading Indicators -0.20% -0.30%
can be spread around its network via artificial intelligence. ket and other hotter-than-expected-
March Michigan Sentiment 67.0 67.0
That, in theory, should lead to higher levels of engage- 0 inflation data, have caused Wall Unless otherwise indicated, times are Eastern. a-Advanced;
ment and more advertising dollars. You do have to wonder, TikTok Facebook Instagram Snapchat Street to reprice the terminal, or f-Final; p-Preliminary; r-Revised Source: FactSet

however, whether some people might rather just see pic- Note: Data are for Android users only.
peak, federal-funds rate to about For more information about coming economic reports
- and what they mean - go to Barron’s free Economic
tures of their neighbors’ puppies. — Eric J. Savitz Source: Data.AI 5.5%, from 5% in late January. Calendar at www.barrons.com
 12 BARRON’S March 13, 2023

Big Banks Look Like

Buys After SVB Selloff
POCKET Bank stocks tumbled last week as Silicon Valley Bank collapsed. The largest U.S.
banks are well positioned to weather the crisis, and their shares look cheap.

MONEY BY CARLETON ENGLISH enough liquidity to cover funding outflows.

The median liquidity coverage ratio for

T
he collapse of Silicon Valley Bank seven of the nation’s largest banks is 118%,

GET ALL THE sparked a widespread selloff in bank

stocks and fanned talk of a U.S.
according to report published Friday by J.P.
Morgan Securities analyst Vivek Juneja.
banking crisis. It might be a buying Juneja called the selloff “overdone as
TOOLS, INSIGHTS opportunity, instead, in the now-depressed
shares of the nation’s biggest, best-capital-
large banks have a lot more liquidity than
smaller banks, they are more diversified

AND EXCLUSIVE ized banks.

On Friday federal regulators shut down
with broader business models, have a lot of
capital, are much better managed in re-
Silicon Valley Bank, owned by SVB Finan- gards to risk, and have a lot of oversight
CONTENT WITH THE cial Group (ticker: SIVB), after a run on
deposits that followed the bank’s fire sale of
from regulators.” The big banks are subject
to annual stress tests administered by the

MARKETWATCH APP.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

securities. With deposits falling as its ven- Fed, to ensure they have sufficient capital to
ture-capital-backed start-up clients burned withstand market and economic shocks.
through cash, SVP sold $21 billion of “avail- It isn’t hard to see why the rise in inter-
able for sale” securities, incurring a $1.8 est rates has worried bank-stock investors.
billion loss on bonds that had fallen in value The St. Louis Fed warned of an SBV-like
over the past year as interest rates rose. situation just last month, writing that while
SVB shares fell 60% Thursday. Trading rising interest rates enable banks to push
was halted Friday morning, but not before up the rates charged on loans, they could
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

fears of contagion had spread throughout also increase the cost of liabilities and de-
the banking sector. The KBW Nasdaq Bank crease the value of investment securities
Index (BKX) tumbled 7.64% on Thursday, held as assets.
its worst day since June 2020, and another JPMorgan fell 7% last week, while Bank
3.9% on Friday, to end the week at 92.22. of America lost 11.4% and Wells Fargo,
While the Federal Reserve’s campaign to 11.7%. The stocks look cheap compared

N
SCE A
crush inflation through aggressive rate with historic valuations. JPMorgan trades
hikes poses a challenge to all banks, many for 1.4 times book value, below its five-year
E
CO D aren’t as vulnerable as SVB, whose deposit average of 1.6 times. Bank of America and
TH

GHEEATPP
base swelled as its niche clientele pros- Wells Fargo both trade at book value,
pered, only to diminish as a bear market hit slightly below historic norms, according to
the venture-capital business. That said, the FactSet.
Federal Deposit Insurance Corp. estimated Gerard Cassidy, an analyst at RBC, sees
that U.S. banks had a combined $620 bil- opportunities in Bank of America and JP-
T lion in unrealized losses on securities in the Morgan, but also likes smaller banks such
fourth quarter. as Fifth Third Bancorp (FITB) and M&T
“For many banks, these unrealized Bank (MTB), which trade at or slightly
losses will stay on paper,” the Federal Re- below book value. Other banks he favors
serve Bank of St. Louis recently wrote. “But include Huntington Bancshares (HBAN),
many others may face actual losses if they KeyCorp (KEY), PNC Financial Services
have to sell securities for liquidity or other (PNC), Regions Financial (RF) and U.S.
reasons.” Bancorp (USB), all of which have steeper
The nation’s biggest banks, including valuations of between 1.3 and 1.5 times
JPMorgan Chase (JPM), Bank of Amer- book, and whose stocks have tumbled.
ica (BAC), and Wells Fargo (WFC), are “[The] selloff provides investors an op-
@2022 DOW JONES & COMPANY,INC. well equipped to weather the current portunity to buy high-quality banks with
ALL RIGHTS RESERVED. 4E6054
storm. They have highly diversified client strong, low-cost consumer deposit fran-
bases and funding sources, and more than chises…at a discount,” Cassidy wrote. B
 March 13, 2023 BARRON’S 13

More Gains
have price targets. Mizuho’s Petrone,
who launched coverage of GE Health-
Care on Feb. 17, is perhaps the most
high-profile analyst to follow the

Lie Ahead stock. In his initiation, Petrone noted

that he had surveyed 25 high-volume
radiology sites across the U.S. and

For GE found significant pent-up demand for

scans and procedures coming out of
Covid, perhaps even better than the

HealthCare
company expects. He rates the stock
a Buy with a $90 price target, up 20%
from Friday’s close of $74.97.
With a dearth of research to rely on,
looking at a comparable company can
be helpful in valuing GE HealthCare
The General Electric spinoff has and thinking about where its stock
already made a strong debut in might be headed. Rival Siemens
2023. Why the stock could gain Healthineers, which became a publicly
traded company in 2018 after raising
20% a year through mid-decade. money in an initial public offering,
might provide the best comparison. On
the surface, that comparison looks un-
favorable. GE’s sales were flat over the
BY AL ROOT past four years, while Siemens’ revenue

C
has grown by 60%. GE HealthCare’s
all it a win-win. imaging—there are millions of GE GE HealthCare’s ning that company until 2021, a period operating profit margins, meanwhile,
GE HealthCare Tech- MRIs and CT, PET, and ultrasound Omni Legend PET/CT that saw the stock gain 16.6% a year on have fallen below 15% from almost
scanner was
nologies (ticker: GEHC) scanners in use around the globe—as launched in October average, outperforming the S&P 500 20%, while Siemens’ profit margins are
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

was spun out of General well as patient care solutions and 2022. by half a percentage point a year. off by just one percentage point.
Electric (GE) after a tough pharmaceutical diagnostics. About Then, GE CEO Larry Culp came

T
2022, a year marred by sup- half of GE HealthCare sales come calling, offering Arduini a chance to he difference has more to do
ply-chain problems and from recurring parts and services. run a larger healthcare franchise. In with changes in the busi-
inflation. Investors, though, like what Revenue growth in imaging is the months leading up to the spinoff, ness mix than the way the
they’ve seen from the company so far driven by investment in new products he focused on getting the right people companies are run. Siemens
in 2023, the inaugural year for the that improve health outcomes. GE into the right jobs. “We’ve actually up- bought Varian Medical Systems in
newly independent company. The stock HealthCare’s recently introduced graded a significant amount of product 2021, adding more than $3 billion in
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

has gained 24% since becoming a products include a hand-held ultra- management and commercial leaders,” annual sales, the year after GE
stand-alone publicly traded company sound unit that looks like something Arduini says, adding that it has been HealthCare sold its biopharma busi-
on Jan. 4, crushing the S&P 500 in- from Star Trek, and deep-learning easier to recruit people now that ness to Danaher (DHR), as Culp
dex’s 0.2% rise over the same span. software that improves diagnostic HealthCare is separate from GE. (For sought to reduce GE’s corporate debt
Now, GE HealthCare needs to de- accuracy and lets doctors conduct more on coming spinoffs, see page 14.) load. Accounting for all of the M&A
liver. Investors want to see progress more scans with the same equipment While GE HealthCare stock has activity, GE HealthCare’s sales grew at
on products and profit margins, bygrading old scanners without hos- gotten off to a solid start, Wall Street 7% last year, compared with Health-
enough at least to quell fears and ex- pitals having to make new, multimil- has so far been little help to investors. ineers’ 6% sales growth.
pand valuation multiples, while the lion-dollar purchases. Just four analysts cover the company, Those differences shouldn’t cause
company works to prove that it can These advances, however, don’t according to Bloomberg, and just two a huge difference in valuations, yet GE
compete with the likes of Bayer come cheap: The company spent about HealthCare stock trades for about 12.8
(BAYN.Germany) and Siemens $1 billion on research and develop- times estimated earnings before inter-
Healthineers (SHL.Germany). GE ment in 2022, and plans to spend 6% Healthy Start est, taxes, depreciation, and amortiza-
HealthCare should be able to deliver, to 7% of sales on R&D in coming Both GE and GE HealthCare have gained since their split at tion, while Siemens Healthineers’ stock
and investors willing to make the leap years. Still, GE HealthCare earned an the beginning of the year. trades at 16.6 times Ebitda. Closing
now—before seeing how things turn operating profit of $2.9 billion in 2022 GE HealthCare Technologies General Electric those gaps would also put GE Health-
out—could well be rewarded. and is expected to report $3 billion Care at about $90, up 20%.
40%
“Despite the attractive setup, GE and $3.2 billion in operating profit in And that’s just a start. GE Health-
HealthCare shares are still trading at 2023 and 2024, respectively. Care expects to grow sales at a mid-sin-
a…discount,” writes Mizuho Securities Responsible for maintaining the 20 gle-digit annual percentage rate while
analyst Anthony Petrone. He expects balance between research and profit- expanding profit margins to almost
that to close “with continued execu- ability is Peter Arduini, who became 20%. That growth and profit equation
tion this year.” CEO of GE HealthCare at the start of 0 could yield earnings per share of more
Chicago-based GE HealthCare is 2022. He had worked at GE for 15 years than $6 by mid-decade. If GE Health-
new, but it isn’t small. It ended 2022 before leaving for medical-device Care stock trades in line with the mar-

Courtesy GE
-20
with roughly 50,000 workers and maker Baxter International (BAX). ket at that point, shares would be about
generated sales of $18.3 billion. The In 2012, he took the helm at Integra Jan. 2023 Feb. March $110 apiece—a 20% annualized gain.
company is a leader in medical LifeSciences Holdings (IART), run- Source: FactSet Sometimes, it’s good to go it alone. B
 P2BW072000-0-W01500-1--------XA
Composite C M Y K
50 BARRON’S March 13, 2023 March 13, 2023 BARRON’S 15

D ATA NASDAQ ISSUES FOREIGN MARKETS

derailments fell to their lowest level in Comparing the Railroads
52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div a decade. The railroad said its total Norfolk Southern has cut spending on
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
11.02 9.75 SignalHillA SGHL ... cc 10.35 +0.02 ... 123.96 33.52 TandemDiabetes TNDM ... dd 37.63 –3.98 ... 40.70 9.77 Valneva VALN ... dd 11.40 –0.62 ... 249.37 141.80 VirtusInvtPtrs VRTS 3.6 12 182.41 –25.77 1.65 98.54 76.13 WintrustFin WTFC 2.0 10 80.12 –11.32 .40 number of accidents dropped 32% on maintenance, repair, and inspection more
328.88 61.37 SignatureBank SBNY 4.0 3 70.00 –43.70 .70 9.84 3.18 TangoTherap TNGX ... dd 4.03 –1.33 ... 10.95 9.97 ValuenceI A VMCA ... ... 10.50 –0.02 ... 10.31 9.82 ViscogliosiBros VBOC ... dd 10.30 +0.01 ... 6.02 1.18 WISeKey WKEY ... dd 2.29 –0.22 ...
21.32 7.80 SilenceTherap SLN ... ... 9.20 –1.96 ... 8.25 1.89 TarenaIntl TEDU ... dd 4.69 –0.01 ... 12.34 6.06 VandaPharm VNDA ... 57 6.20 –0.17 ... 171.66 88.82 Visteon VC ... 37 160.15 –4.71 ... 111.35 53.12 Wix.com WIX ... dd 86.41 –7.55 ...
its main rail lines since 2019. Union than other railroads.
50.00 31.30 Silicom SILC ... 13 36.31 –2.64 ... 10.42 9.84 TargetGlbl I A TGAA ... cc 10.41 +0.02 ... 25.14 17.40 VarexImaging VREX ... 23 17.69 –0.61 ... 17.93 7.39 VitaCoco COCO ... cc 16.91 –0.20 ... 129.12 79.26 Woodward WWD .9 34 93.67 –8.77 .22
194.68 109.44 SiliconLab SLAB ... 67 169.80 –11.36 ... 19.66 10.80 TarsusPharm TARS ... dd 14.26 –0.70 ... 51.60 15.61 VaronisSystems VRNS ... dd 24.30 –3.65 ... 18.18 7.89 VitalFarms VITL ... cc 15.48 –0.50 ... 248.92 128.72 Workday WDAY ... dd 178.27 –13.28 ...
98.65 51.82 SiliconMotion SIMO 3.1 12 63.36 –3.61 .50 41.87 13.60 TaskUs TASK ... 41 16.60 –1.66 ... 6.40 3.52 VastaPlatform VSTA ... dd 3.85 +0.16 ... 23.83 14.12 Vitru VTRU ... 30 23.50 ... ... 209.88 58.44 WorldAcceptance WRLD ... 40 83.47 –11.38 ... Pacific, for its part, said it has seen a
58.04 27.30 SilkRoadMed SILK ... dd 42.75 –4.54 ... 6.99 4.97 TatTechnologies TATT ... dd 5.82 ... ... 49.31 17.44 Vaxcyte PCVX ... dd 37.82 –4.72 ... 12.31 6.29 VividSeats SEAT ... 40 7.17 –0.02 ... 10.75 9.79 WorldwideWebbA WWAC ... 44 10.32 +0.03 ...
14.47 7.70 SilverSpikeInvt SSIC ... ... 9.30 –0.42 ... 7.08 0.91 TayshaGene TSHA ... dd .92 –0.16 ... 8.35 1.24 Vaxxinity VAXX ... dd 2.04 –0.37 ... 17.68 9.94 Vodafone VOD 7.7 15 11.78 –0.32.4482 116.51 50.20 WynnResorts WYNN ... dd 108.34 –7.49 ... double-digit percentage drop in its de- Norfolk Southern CSX
22.68 15.83 SilvercrestAsset SAMG 4.5 7 16.01 –1.40 .18 11.15 9.89 Tech&TelecomA TETE ... cc 10.69 +0.09 ... 9.45 3.81 VectivBio VECT ... dd 8.22 –0.93 ... 8.96 3.48 VorBiopharma VOR ... dd 4.68 –0.55 ... XYZ
28.95
67.59
18.59
32.58
SimmonsFirstNat
SimulationsPlus
SFNC 4.1
SLP .6 75
9 19.46
38.54
–2.42 .20
–1.06 .06
85.00
9.80
34.24
5.16
TechTarget
Ericsson
TTGT ...
ERIC 3.0
28
10
35.32
5.41
–4.43 ...
–0.29.0759
29.54
47.25
16.11
9.76
VeecoInstr
VentyxBiosciences
VECO ...
VTYX ... dd
8 20.82
39.22
–0.93 ...
–7.43 ...
10.82 4.61 VoyagerTherap VYGR ... dd 7.52 +0.21 ...
8.00 5.57 XIAO-I AIXI ... ... 6.49 ... ...
railment counts over the past 10 years. Union Pacific BNSF Railway
3.40 0.83 Vroom VRM ... dd .85 –0.12 ...
28.51
8.00
14.37
1.38
SinclairBroadcast
SingularGenomics
SBGI 6.8
OMIC ... dd
0 14.64
1.39
–1.04 .25
–0.57 ...
22.99
11.02
6.00
1.08
Telesat
TelesisBio
TSAT ...
TBIO ...
...
dd
7.08
1.98
–1.66 ...
+0.32 ...
8.49
24.98
2.84
5.20
VeraBradley
VeraTherap
VRA ...
VERA ...
dd
dd
5.52
7.37
–0.02 ...
–0.16 ... W
32.09
33.83
15.68
11.30
XOMA
XP
XOMA
XP
...
...
dd
9
21.65
11.32
+0.13 ...
–0.17 ... Questions about freight-rail safety
9.79 3.00 XBiotech XBIT ... dd 3.34 –0.01 ...
6.85
270.92
3.64
73.10
SiriusXM
SiTime
SIRI 2.6
SITM ...
12
cc
3.67
126.27
–0.58.0242
–7.76 ...
12.51
15.15
3.35
0.70
Telos
TempoAutomation
TLS ...
TMPO ...
dd
dd
3.46
1.04
–0.65 ...
–0.19 ...
32.40
23.25
14.85
13.59
Veracyte
Veradigm
VCYT ...
MDRX ...
dd
36
21.09
13.88
–3.65 ...
–1.22 ...
7.12
209.64
1.16
145.16
WaveLifeSci
WD-40
WVE
WDFC
...
2.0
dd
37
4.00
169.33
–0.22
–3.62 .83
...
1.99 0.67 XcelBrands XELB ... dd .82 +0.02 ... spending have mounted in recent
MAGENTA

10.70 9.94 SizzleAcqn SZZL ... dd 10.38 –0.03 ... 83.34 23.81 10xGenomics TXG ... dd 45.00 –6.00 ... 2.13 0.29 Verastem VSTM ... dd .39 –0.10 ... 52.11 37.03 WSFS Financial WSFS 1.4 12 42.98 –6.36 .15 77.66 56.89 XcelEnergy XEL 3.3 20 63.22 –1.88 .52
years as most of the industry em- Locomotive Repair, Maintenance,
YELLOW

21.39 17.50 SkywardSpecIns SKWD ... ... 18.85 –1.40 ... 63.61 28.80 Tenable TENB ... dd 41.99 –3.06 ... 41.24 17.30 Vericel VCEL ... dd 29.40 –1.93 ... 11.03 3.28 WW Intl WW ... dd 4.29 +0.04 ... 38.20 19.36 Xencor XNCR ... dd 26.99 –4.94 ...
14.43 1.64 TenayaTherap TNYA ... dd 2.61 –0.59 ... 56.39 31.63 VerintSystems VRNT ... dd 35.40 –3.29 ... 41.39 24.94 XenonPharm XENE ... dd 34.18 –2.83 ... & Service
BLACK

33.35 14.76 SkyWest SKYW ... 14 19.49 –1.34 ... 13.13 1.69 Wag! PET ... dd 1.69 –0.66 ...
141.26 76.16 Skyworks SWKS 2.2 15 111.29 –2.48 .62 10.58 10.09 TenXKeaneAcqn TENK ... ... 10.33 +0.03 ... 228.80 155.25 VeriSign VRSN ... 31 191.20 –9.46 ... 48.97 30.39 WalgreensBoots WBA 5.8 dd 33.26 –2.83 .48 2.95 0.97 XerisBiopharma XERS ... dd 1.21 –0.24 ... braced a cost-cutting strategy called
CYAN

65.66 23.61 SleepNumber SNBR ... 19 31.26 –7.55 ... 0.49 0.10 TenXKeaneAcqnRt TENKR ... ... .26 +0.05 ... 222.11 156.05 VeriskAnalytics VRSK .8 30 180.14 –6.78 .34 17.95 6.87 WalkMe WKME ... dd 9.32 –0.31 ... 20.99 11.80 Xerox XRX 6.4 dd 15.58 –1.25 .25
4.95 1.37 SmartSand SND ... dd 2.09 –0.29 ... 127.29
11.44
67.81
1.45
Teradyne
TernsPharm
TER .4
TERN ...
24
dd
101.29
9.12
–1.74 .11
–1.07 ...
41.75
20.25
21.58
4.57
Veritex
Veritone
VBTX 3.6
VERI ... dd
8 22.26
5.51
–4.38 .20
–1.94 ...
27.66 8.82 WarnerBrosA WBD ... dd 14.35 –1.12 ... 9.59
64.35
1.95
16.37
XilioTherap
Xometry
XLO
XMTR
...
...
dd
dd
2.78
16.66
–0.26 ...
–1.74 ...
“precision scheduled railroading.” By $3.00 per mile
1.85 0.60 SmartShareGlbl EM ... dd 1.34 ... ... 39.31 21.57 WarnerMusic WMG 2.2 32 29.75 –2.06 .16
3.10
16.97
0.31
8.21
SmileDirectClub
Smith&Wesson
SDC ...
SWBI 3.6
dd
8
.44
11.03
–0.06 ...
–0.08 .10
25.50
384.29
17.93
101.81
TerritorialBncp
Tesla
TBNK 4.5
TSLA ...
11
48
20.31
173.44
–2.22 .23
–24.35 ...
26.44
9.22
3.41
1.77
VeronaPharma
VerricaPharm
VRNA ...
VRCA ...
dd
dd
18.06
6.56
–4.43 ...
–0.65 ...
39.17
55.93
29.46
36.36
WashingtonFederal
WashTrBcp
WAFD
WASH
3.2
6.0
8
9
31.69
37.19
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.25
.56
3.55
2.23
0.43
0.85
Xos
Xunlei
XOS
XNET
...
...
dd
7
.64
1.90
–0.16 ...
... ... running longer trains with fewer
12.00 6.55 VersaBank VBNK 1.0 10 7.14 –0.36.0182 20.48 2.94 Y-mAbsTherap YMAB ... dd 3.22 –0.86 ...
20.52 7.02 SnapOne SNPO ... dd 10.52 –1.69 ... 6.50 4.03 TesscoTech TESS ... dd 4.68 –0.12 ...
19.31 9.44 Vertex VERX ... dd 17.88 +2.76 ...
20.01 14.55 WaterstoneFinl WSBF 5.4 17 14.84 –1.38 .20 8.51 2.29 Yellow YELL ... 6 2.29 –0.38 ... stops for switching, railroads have

BG,BM,BP,CC,CH,CK,CP,CT,DN,DR,FW,HL,HO,LA,LD,LG,LK,MI,ML,PI,PV,RO,TD,WO
CL,CN,CX,DL,DM,DX,EE,EU,FL,HO,KC,MW,NC,NE,NY,PH,PN,RM,SA,SC,SL,SW,TU,WB,WE
3.07 0.50 SoYoungIntl SY ... dd 2.16 –0.68 ... 169.95 118.55 TetraTech TTEK .7 23 133.17 –7.79 .23 70.18 16.96 WeatherfordIntl WFRD ... cc 59.77 –9.18 ...
69.27 48.79 TexasCapBcshs TCBI ... 10 61.13 –5.57 ... 325.19 233.01 VertexPharm VRTX ... 22 287.24 –3.27 ... 47.23 36.85 YorkWater YORW 1.8 33 44.00 +0.58.2027
10.50
10.57
9.74
4.24
SocialLvgI A
SoFiTech
SLAC ...
SOFI ...
74
dd
10.05
5.58
+0.04 ...
–1.14 ... 191.34 144.46 TexasInstruments TXN 2.9 18 171.64 –4.04 1.24 43.00 10.70 VerveTherap VERV ... dd 17.08 –2.39 ... 28.40
4.70
10.02
0.38
Weibo
Wejo
WB
WEJO
...
...
47
dd
16.58
.47
–2.55
–0.21
...
...
10.24 9.80 YottaAcqn YOTA ... ... 10.22 +0.02 ... been able to close switchyards and 2.00
20.02 12.87 Sohu.com SOHU ... dd 14.27 –0.68 ... 107.31 68.58 TexasRoadhouse TXRH 2.2 26 101.61 –2.12 .55 10.51 4.52 ViaRenewables VIA 15.5 dd 4.68 –0.79.1813 0.23 0.06 YottaAcqnRt YOTAR ... ... .16 –0.04 ...
7.95 3.58 SolGelTech SLGL ... 17 3.65 –0.56 ... 37.58 16.59 TheBancorp TBBK ... 13 30.49 –4.78 ... 7.86
52.72
3.15
25.38
ViantTech
ViaSat
DSP ...
VSAT ...
dd
dd
4.13
34.43
–0.62 ...
+1.82 ...
10.37
0.27
9.85
0.02
WelsbachTech
WelsbachTechRt
WTMA
WTMAR
...
...
dd
...
10.36
.25
+0.02
+0.05
...
...
1.42
53.95
0.37
20.98
Yunji
ZaiLab
YJ
ZLAB
...
...
dd
dd
.40
32.68
–0.06 ...
–8.23 ...
reduce their numbers of locomotives,
375.90 190.15 SolarEdgeTech SEDG ... cc 304.32 –22.51 ... 23.00 1.99 TherapeuticsMD TXMD ... dd 3.88 –1.07 ... 23.78 15.77 Wendy's WEN 3.0 25 20.88 –1.05 .25
21.45 4.88 SolidBiosci SLDB ... dd 4.91 –0.39 ... 11.83 7.53 TheravanceBio TBPH ... dd 10.22 +0.15 ... 12.40
16.70
8.42
9.99
Viatris
ViaviSolutions
VTRS 4.8
VIAV ... 31
6 10.00
10.31
–1.13 .12
–0.40 ... 7.55 1.39 WerewolfTherap HOWL ... dd 2.21 –0.47 ...
440.64
52.85
224.87
15.55
ZebraTech
ZentalisPharm
ZBRA
ZNTL
...
...
33
dd
288.19
16.14
–21.26 ...
–3.36 ...
freight cars, and employees. The sav-
9.99 1.95 SolidPower SLDP ... dd 2.95 –0.27 ... 15.21 4.01 TheseusPharm THRX ... dd 7.61 –1.78 ... 50.31 35.84 WernerEnterprises WERN 1.1 12 45.45 –1.86 .13 1.00
8.50
5.27
2.02
0.86
SomaLogic
Sonder
SLGC ...
SOND ...
dd
dd
2.31
.91
–0.35 ...
–0.06 ...
26.75
24.60
15.90
3.89
ThirdCoastBcshs
ThirdHarmonic
TCBX ...
THRD ...
13
...
16.25
3.95
–1.72 ...
–0.25 ...
82.40
34.48
38.71
22.22
Vicor
VictoryCapital
VICR ...
VCTR 3.6
75
8
42.90
29.90
–2.85 ...
–2.66 .32 41.37 29.50 WesBanco WSBC 4.3 11 32.71 –3.06 .35
15.73
6.92
2.05
4.00
ZeroFox
ZevraTherapeutics
ZFOX
ZVRA
...
...
dd
dd
2.49
4.13
–0.18 ...
–1.26 ... ings helped fund stock dividends and
3.10 0.37 View VIEW ... dd .53 –0.04 ... 28.86 18.54 WestBancorp WTBA 5.2 7 19.05 –1.93 .25 103.87 66.85 ZiffDavis ZD ... 59 73.81 –5.38 ...
8.75
31.22
0.54
13.65
Sono
Sonos
SEV ...
SONO ...
...
cc
.67
19.14
–0.07 ...
–1.20 ...
2.39
7.38
0.50
3.41
36Kr
ThorneHealthtech
KRKR ...
THRN ... 41
5 1.03
4.67
–0.10 ...
+0.11 ... 4.96 2.39 ViewRay VRAY ... dd 3.62 –0.52 ... 63.86
12.67
48.28
9.80
WestamericaBncp
WesternAcqn
WABC
WAVS
3.3
...
11
dd
50.77
10.25
–4.58
+0.04
.42
...
55.86 26.21 Zillow A ZG ... dd 38.65 –3.90 ... buybacks. That made railroad stocks,
22.29 6.57 Thoughtworks TWKS ... dd 7.45 –0.26 ... 16.77 2.18 VigilNeurosci VIGL ... dd 9.50 –1.90 ... 56.98 26.14 Zillow C Z ... dd 39.20 –4.02 ...
11.88
24.90
1.69
5.78
SophiaGenetics
SoteraHealth
SOPH ...
SHC ...
dd
dd
3.46
16.44
+0.69 ...
–1.40 ... 8.99 0.73 ThredUp TDUP ... dd 2.14 +0.54 ... 11.99 2.02 VikingTherap VKTX ... dd 10.35 –1.48 ... 63.26
10.25
29.73
7.13
WesternDigital
WestNewEngBncp
WDC
WNEB
...
3.0
dd
8
36.06
9.39
–2.53
–0.55 .07
... 10.47 9.65 ZimmerEnerA ZT ... 38 10.12 +0.03 ... which delivered almost twice the re- 0
25.49 9.47 360DigiTech QFIN 4.5 5 17.47 –4.51 .16 25.00 19.09 VillageSuper A VLGEA 4.3 10 22.99 +0.25 .25 28.95 5.05 ZimVie ZIMV ... dd 5.63 –0.59 ...
3.11 1.48 SotherlyHotels SOHO ... 2 2.18 –0.23 ...
11.51 9.96 SoundPointA SPCM ... 27 10.51 ... ... 10.55 9.70 ThunderBridgeIV A THCP ... 69 10.09 +0.01 ... 13.24
14.57
3.07
7.80
Vimeo
VinciPartners
VMEO ...
VINP 7.9
dd
12
3.43
9.00
–0.49 ...
–0.69 .17
1.79
14.71
0.75
9.34
WestportFuelSys
WestrockCoffee
WPRT
WEST
...
...
dd
dd
1.16
11.20
+0.04
–0.16
...
...
71.25
127.37
34.39
63.55
ZionsBancorp
ZoomVideo
ZION
ZM
4.1
...
7
cc
40.35
67.12
–8.88 .41
–3.69 ...
turn of the S&P 500 in the past de- 2017 '18 '19 '20 '21
31.96 22.47 SouthPlainsFin SPFI 2.2 7 23.55 –2.45 .13 9.08 2.40 TilrayBrands TLRY ... dd 2.42 –0.35 ...
91.74 71.13 SouthState SSB 2.6 12 75.72 –4.02 .50 35.62
47.87
24.05
21.50
TimberlandBncp
TitanMachinery
TSBK 2.9
TITN ...
10
9
31.20
43.43
–2.35 .23
–3.74 ...
11.15
2.13
1.22
0.70
VintageWineEstates
ViomiTech
VWE ...
VIOT ...
dd
dd
1.24
1.04
–0.28 ...
–0.11 ...
32.45
32.98
19.89
10.98
WeycoGroup
Willdan
WEYS
WLDN
4.3
... dd
7 22.25
15.63
–3.67
–2.01
.24
...
61.44
253.74
21.71
99.64
ZoomInfoTech
Zscaler
ZI
ZS
...
...
cc
dd
21.85
105.45
–4.00 ...
–13.79 ... cade, into Wall Street favorites.
55.99 36.30 SouthernFirstBcsh SFST ... 10 37.15 –2.71 ... 31.78 18.05 VirBiotech VIR ... 6 22.61 –0.23 ... 65.19 30.22 WillisLease WLFC ... cc 60.60 +1.20 ... 43.89 18.86 Zumiez ZUMZ ... 20 21.65 –1.90 ...
56.04
31.00
40.25
20.27
SoMO Bancorp
SouthernStBcsh
SMBC 2.1
SSBK 1.4
9
9
40.96
25.92
–5.00 .21
–2.23 .09
36.60
49.13
7.66
39.72
Torm
TowerSemi
TRMD .0
TSEM ... 17
8 32.49
41.03
–3.86 1.46
+0.85 ... 5.75 1.21 ViractaTherap VIRX ... dd 1.70 –0.04 ... 258.93 187.89 WillisTowers WTW 1.5 25 230.91 –9.94 .84 10.80 4.11 Zymeworks ZYME ... dd 7.93 –0.08 ... America’s big railroads total about
5.07 2.63 VircoMfg VIRC ... dd 4.12 –0.49 ... 3.09 0.56 WiMiHologram WIMI ... dd 1.00 –0.24 ... 2.28 0.39 ZynerbaPharm ZYNE ... dd .41 –0.09 ...
42.93
16.83
31.18
9.52
SouthsideBcshs
SovosBrands
SBSI 4.0
SOVO ...
11
dd
34.77
13.60
–3.33 .35
+0.29 ...
33.42
241.54
26.18
166.49
TowneBank
TractorSupply
TOWN 3.3
TSCO 1.8
11
23
28.21
227.24
–2.05 .23
–2.92 1.03 7.59 1.07 VirginOrbit VORB ... dd 1.09 –0.25 ... 193.74 67.67 Wingstop WING .5 93 165.05 –8.50 .19 17.25 4.97 Zynex ZYXI ... 21 9.53 –3.16 ... 250 derailments a year. Most aren’t as
76.75 39.00 TradeDesk TTD ... cc 53.35 –3.94 ... 38.63 16.55 VirtuFinancial VIRT 5.8 7 16.59 –2.08 .24 300.67 183.94 Winmark WINA 1.0 26 280.02 –15.72 .70 25.00 1.38 ZyVersaTherap ZVSA ... dd 2.10 +0.02 ... Freight Car Repairs & Maintenance
37.75
1.57
24.81
0.32
SpartanNash
SpectrumPharm
SPTN 3.3
SPPI ...
28
dd
26.31
.79
–1.66 .215
–0.21 ... 92.29 51.47 Tradeweb TW .5 46 68.40 –6.11 .09 consequential as the Feb. 3 crash of a
9.28 3.60 TransActTechs TACT ... dd 6.89 –0.52 ...
9.00
150.79
0.68
65.00
SperoTherap
Splunk
SPRO ...
SPLK ...
dd
dd
1.48
90.62
–0.01 ...
–10.13 ... 91.71 50.32 Transcat TRNS ... 65 85.48 –5.97 ... Norfolk Southern train that forced an $0.06 per mile
3.08 0.28 TransCodeTherap RNAZ ... dd .40 –0.06 ...

Europe Asia
10.84 6.13 SpokHoldings SPOK 11.9 10 10.48 +0.11.3125
83.48 16.70 TransMedics TMDX ... dd 71.52 –10.81 ... evacuation of East Palestine, Ohio,

Norfolk Southern Cut

17.45 7.10 Sportradar SRAD ... 67 11.46 –1.20 ...
12.28 7.75 SportsmansWrhs SPWH ... 4 8.75 –0.23 ... 85.06 31.19 TravelCenters TA ... 8 84.40 –0.37 ...
13.45 9.87 SportsMapTech SMAP ... dd 13.45 +3.09 ... 8.30
30.35
4.10
17.82
Travelzoo
TravereTherap
TZOO ...
TVTX ...
60
dd
4.91
20.73
–0.27 ...
–1.92 ...
after 38 cars derailed, including 11
10.79 10.00 SpringValleyII A SVII ... ... 10.35 +0.01 ... Lost Property: European real estate stocks wavered amid Bank Job: China’s economic rebound looked weaker, and
0.22
5.44
0.10
0.41
SpringValleyII Rt
SpringBig
SVIIR ...
SBIG ...
...
dd
.20
.77
... ...
... ...
26.50
7.34
12.48
2.12
TreaceMed
TreanInsurance
TMCI ...
TIG ...
dd
dd
24.07
6.09
+3.07 ...
–0.02 ... high rates, while bank stocks faltered after U.S. bank failures. American bank problems echoed abroad. containing hazardous chemicals. 0.04
16.73 5.71 TremorIntl TRMR ... 19 5.77 –1.91 ...
65.92
35.59
13.60
22.56
SpringWorks
SproutsFarmers
SWTX ...
SFM ...
dd
14
28.10
33.03
–2.68 ...
–1.07 ... 4.68 1.31 TreviTherap TRVI ... dd 1.69 –0.71 ... There were no injuries, but the acci-
58.62 37.41 TriCoBancshares TCBK 2.7 12 44.74 –6.18 .30
3.57
112.27
0.95
46.36
SpruceBio
StaarSurgical
SPRB ...
STAA ...
dd
72
2.34
56.63
–0.06 ...
–3.31 ... 33.69 21.41 TriMas TRS .6 19 29.02 –1.24 .04 -1.05% S&P Europe BMI -0.12% S&P Pan Asia BMI dent knocked 15% off Norfolk’s $58
74.87 47.52 Trimble TRMB ... 27 48.28 –5.76 ... 0.02

Safety Spending for Years

9.23 4.80 Stagwell STGW ... 62 6.60 –1.39 ...
1.55 0.91 TrinityBiotech TRIB ... dd .97 –0.08 ... -0.01 Germany Japan 2.49
billion precrash market capitalization.
4.23 0.92 StdBioTools LAB ... dd 2.00 –0.15 ...
20.26 10.23 TrinityCapital TRIN 14.0 11 12.40 –1.86 .15
33.99 16.85 StarBulkCarriers SBLK23.5 4 21.68 –2.05 .60 -0.27 Denmark Taiwan 1.04
1.44 0.72 StarEquity STRR ... dd .77 –0.04 ... 40.17
28.28
14.29
16.87
Trip.com
Tripadvisor
TCOM ...
TRIP ...
cc
cc
36.08
19.61
–2.64 ...
–1.75 ...
Another Norfolk train derailed near
110.83 68.39 Starbucks SBUX 2.1 34 99.38 –5.17 .53 -0.47 Spain Singapore 0.76
4.18 2.10 StealthGas GASS ... 3 2.86 –0.13 ... 10.55
100.97
1.03
45.08
TritiumDCFC
TriumphFinl
DCFC ...
TFIN ...
...
14
1.41
56.69
–0.33 ...
–4.63 ... Dayton, Ohio, on March 4, with no 0
136.46 62.44 SteelDynamics STLD 1.4 6 120.36 –15.70 .425
2.51 0.93 trivago TRVG ... dd 1.64 –0.12 ...
-0.50 France New Zealand 0.71
36.09
35.16
25.49
22.39
StellarBancorp
StepStone
STEL 2.0
STEP 3.4
18
dd
26.54
23.60
–2.45 .13
–5.74 .20 4.09 1.30 TrueCar TRUE ... dd 1.90 –0.47 ... -0.53 Italy Thailand 0.42 reported injuries. After a third acci- 2017 '18 '19 '20 '21
99.01 40.77 Trupanion TRUP ... dd 51.11 –8.67 ...
59.89
28.76
39.63
11.03
Stericycle
SterlingCheck
SRCL ...
STER ...
72
60
43.50
11.54
–4.35 ...
–1.62 ... 39.36 29.50 TrustcoBank TRST 4.2 9 34.53 –2.60 .36 -1.00 U.K. India 0.28 dent on the railroad killed a conductor
P2BW072000-0-W01500-1--------XA Composite

42.00 20.46 SterlingInfr STRL ... 13 38.87 –1.85 ... 38.47 25.51 Trustmark TRMK 3.4 23 26.72 –2.50 .23
45.04 26.36 StevenMadden SHOO 2.4 12 34.46 –2.37 .21 4.56
2.90
1.45
0.46
TScanTherap
Tuniu
TCRX ...
TOUR ...
dd
dd
2.93
1.63
–0.19 ...
–0.33 ...
-1.25 Belgium Australia 0.25 in Cleveland this past Tuesday, the
11.50 2.63 StitchFix SFIX ... dd 4.75 –0.30 ...
78.71 51.33 StockYardsBncp SYBT 2.2 17 53.61 –4.29 .29 22.83
13.99
6.22
1.23
TurtleBeach
TuSimple
HEAR ...
TSP ...
dd
dd
7.33
1.60
–0.56 ...
–0.43 ...
-1.26 Sweden Indonesia 0.08 National Transportation Safety Board Train Inspection & Lubrication
26.60
15.01
6.88
6.81
StokeTherap
StoneCo
STOK ...
STNE ...
dd
dd
8.74
8.72
–0.09 ...
+0.21 ... 6.31
18.20
2.02
7.91
23andMe
TwinDisc
ME ...
TWIN ...
dd
16
2.25
10.54
–0.30 ...
–0.58 ...
-1.38 Netherlands -0.19 Malaysia Norfolk Southern was more aggressive than other big railroads in reducing outlays for said it would investigate Norfolk
106.35 67.02 StoneX SNEX ... 8 97.80 –6.37 ...
27.64 11.04 Stratasys SSYS ... dd 15.28 +1.02 ...
58.76 14.98 TwistBiosci TWST ... dd 15.78 –3.66 ... -1.91 Norway -0.46 South Korea repairs, maintenance, and inspections in the years before an Ohio crash. Southern’s “safety culture.” $1.50 per mile
19.33 8.44 2seventybio TSVT ... dd 10.18 –1.38 ...
98.22 58.25 StrategicEd STRA 2.8 44 85.23 +1.24 .60 14.12 4.70 2U TWOU ... dd 8.10 –1.78 ... -1.96 Finland -0.74 Philippines
39.10
46.44
19.20
18.51
Strattec
StratusProp
STRT ...
STRS .0
45
2
20.95
19.65
–0.30 ...
–1.98 4.67
15.37 4.93 TyraBiosciences TYRA ... dd 12.08 –0.05 ... On Monday, Norfolk Southern an-
U -2.06 Switzerland -1.66 Hong Kong
11.00
30.00
0.40
20.80
StrongholdDig
StructureTherap
SDIG ...
GPCR ...
dd
...
.45
23.54
–0.09 ...
–3.01 ... Greece China
nounced plans to spend more on
30.83 22.25 SummitFin SMMF 3.5 6 22.89 –2.45 .20
99.40 64.13 UFP Inds UFPI 1.3 7 79.15 –7.71 .25 -3.94 -5.37 1.00
17.98 14.05 SummitStateBk SSBI 3.1 6 15.40 –0.59 .12
102.95
7.07
75.56
2.68
UMB Fin
UPFintech
UMBF 2.0
TIGR ... dd
9 77.09
3.12
–11.76 .38
–0.67 ... Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices
trackside defect detectors. At a Thurs-
5.78 0.66 SummitTherap SMMT ... dd 1.49 –0.05 ... 14.99 11.00 USCB Financial USCB ... ... 12.13 –0.44 ...
12.60 6.43 SumoLogic SUMO ... dd 11.51 –0.41 ... 168.76 102.12 US Lime&Min USLM .5 19 150.10 –13.55 .20 BY BILL ALPERT BNSF network owned by Warren Buf- day hearing of the Senate Environ-
29.98 13.25 SunCountryAir SNCY ... 75 21.54 +0.97 ...
Key Foreign Stock Market Indexes
10.50 9.82 UTA Acqn A UTAA ... cc 10.37 +0.01 ...
11.67 4.53 SunOpta STKL ... dd 7.65 –0.94 ... 6.60 0.46 uCloudlink UCL ... dd 4.25 +0.02 ... fett’s Berkshire Hathaway (BRK.A). ment and Public Works Committee, 0.50

N
28.42 12.78 SunPower SPWR ... 60 14.66 –0.92 ... 17.26 8.99 Udemy UDMY ... dd 9.33 –0.55 ...
39.13
104.30
16.80
34.11
SunRun
SuperMicroComp
RUN ...
SMCI ...
27
9
20.73
92.76
–4.11 ...
–5.07 ...
537.52
45.52
330.80
23.32
UltaBeauty
UltraClean
ULTA ...
UCTT ...
22
34
521.18
29.94
–0.88 ...
–1.90 ... Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date “Your line of inquiry raises good senators asked Norfolk Southern to
19.21
42.09
8.52
24.95
SuperiorGroup
SupernusPharms
SGC 5.3
SUPN ...
dd
35
10.48
34.97
–1.43 .14
–4.83 ...
85.53
5.78
33.36
3.67
UltragenyxPharm
Ultralife
RARE ...
ULBI ...
dd
dd
38.76
4.09
–6.94 ...
+0.04 ... Amsterdam AEX
Close
743.03
%Chg.
–2.31
Chg.
+54.02
% Chg.
+7.84 Milan FTSE All Share
Close
29940
%Chg.
–0.48 +4220.84
Chg. % Chg.
+16.41
orfolk Southern, which questions,” says Grady Cothen Jr., who support proposed safety legislation
3.25 0.60 SurfaceOncol SURF ... dd .68 –0.01 ... 3.15 1.02 UnicoAmerican UNAM ... dd 1.05 +0.01 ...
had two derailments a oversaw safety regulation at the Fed- that would limit train length, set stan- 0
11.16 1.34 Surgalign SRGA ... dd 1.73 –0.40 ... 31.66 21.29 UnionBankshares UNB 6.2 8 23.15 –2.10 .36 Athens General 1056.26 –5.24 +126.47 +13.60 Oslo Composite 1391.72 –2.55 +29.04 +2.13
63.87 20.46 SurgeryPartners SGRY ... dd 30.29 –3.69 ... 28.26 12.52 uniQure QURE ... dd 19.17 –2.02 ...
45.85 17.89 Surmodics SRDX ... dd 18.12 –5.04 ... 55.04 31.58 UnitedAirlines UAL ... 23 50.97 –2.09 ... Bangkok SET 1599.65 –0.45 –69.01 –4.14 Paris CAC 7220.67 –1.73 +746.91 +11.54 month apart in Ohio, has eral Railroad Administration for 19 dards for maintenance, and require a 2017 '18 '19 '20 '21
9.75 3.33 SutroBioph STRO ... dd 5.13 –0.66 ... 44.15 33.11 UnitedBkshrsWV UBSI 4.0 13 36.18 –3.86 .36
10.66
10.79
9.77
9.75
SwiftmergeAcqn
SwiftmergeA
IVCPU ...
IVCP ...
...
dd
10.36
10.28
+0.04 ...
... ...
39.50 27.85 UtdCmtyBks UCBI 3.1 12 29.36 –2.92 .23
Bombay Sensex 59135 –1.13 –1705.61 –2.80 Santiago Selective 3249.97 –0.84 +77.40 +2.44
cut its spending on train years before his 2010 retirement. In crew of at least two people for certain
37.26 24.85 UnitedFire UFCS 2.4 47 27.14 –1.30 .16 Brussels Bel-20 3746.75 –3.56 +45.58 +1.23 Sao Paulo Bovespa 103618 –0.24 –6116.40 –5.57
285.00
28.48
1.50
8.75
Swvl
Symbotic
SWVL ...
SYM ...
...
dd
1.50
17.65
–0.45 ...
+1.25 ...
26.09
8.67
10.12
6.50
UnitedGuardian
UnitedSecBcshrs
UG 5.9
UBFO 6.4
16
7
10.51
6.86
+0.06 .31
–0.83 .11 Buenos Aires Merval 236419 –3.84 +34334 +16.99 Seoul Composite 2394.59 –1.54 +158.19 +7.07 inspection, repair, and June, he presented Congress with re- trains. Norfolk Southern CEO Alan
239.88
1.91
81.13
0.51
Synaptics
Synchronoss
SYNA ...
SNCR ...
19
dd
107.51
.80
–11.82 ...
–0.26 ...
283.09
14.25
158.38
4.20
UnitedTherap
Uniti
UTHR ...
UNIT 14.0
15
dd
228.77
4.28
–19.92 ...
–0.79 .15
Copenhagen OMX 20 1914.96 –1.92 +79.67 +4.34 Shanghai Composite 3230.08 –2.95 +140.82 +4.56 maintenance more aggres- search showing rising derailments per Shaw said he supported stronger tank Signals and Interlockers,
29.86
85.45
13.27
22.89
SyndaxPharm
SyneosHealth
SNDX ...
SYNH ...
dd
14
22.24
35.23
–2.20 ...
–5.75 ...
30.00
18.50
23.85
2.09
UnityBancorp
UnityBiotech
UNTY 2.0
UBX ... dd
7 24.34
3.80
–2.05 .12
–0.80 ...
Dublin ISEQ 8491.14 +0.52 +1382.32 +19.45 Shenzhen B Share Idx 1193.14 –2.76 +35.81 +3.09 sively than other large rail- mile traveled at Norfolk Southern and cars and improved trackside detec- Administration, Repairs, & Operations
2.65 0.55 Synlogic SYBX ... dd .56 –0.12 ... 176.41 89.41 UnivDisplay OLED 1.0 31 136.45 –5.07 .35 EURO STOXX SXXE 452.74 –1.83 +42.77 +10.43 Singapore FTSE STI 3177.43 –1.69 –73.89 –2.27
391.17 255.02 Synopsys SNPS ... 59 355.23 –12.27 ... 34.39 9.40 UnivElectro UEIC ... cc 9.56 –2.58 ... EURO STOXX 50 SXSE 4229.53 –1.52 +435.91 +11.49 Stockholm OMXS 833.01 –3.49 +51.15 +6.54
roads, a Barron’s analysis shows. Union Pacific in the prior five years. tors, but didn’t voice support for regu-
2.85 1.71 SyprisSolutions SYPR ... dd 1.86 –0.19 ... 45.00 17.72 UnivLogistics ULH 1.4 5 29.44 –1.90 .105 $7,500 per mile
14.30 2.88 SyrosPharm SYRS ... dd 3.13 –0.80 ... 10.18 6.52 UnivStainless USAP ... dd 8.75 –0.88 ... Frankfurt DAX 15427 –0.97 +1504.38 +10.80 STOXX Europe 50 SXSP 3854.51 –1.79 +202.68 +5.55 The Atlanta-based freight rail Norfolk didn’t specifically address lating train length or crew levels.
T 2.08 0.50 UniversePharm UPC ... dd .59 –0.02 ...
3.88 0.82 TCR2 Therap TCRR ... dd 1.43 +0.22 ...
29.06
31.91
23.48
16.82
UnivestFin
Upbound
UVSP 3.3
UPBD 5.3
10
cc
25.68
25.82
–2.79 .21
–1.74 .34
Helsinki OMHX 10995 –3.63 +187.76 +1.74 STOXX Europe 600 SXXP 453.76 –2.26 +28.87 +6.80 (ticker: NSC) cut its per-mile spending safety spending questions raised by Norfolk Southern’s crashes have
Hong Kong Hang Seng 19319 –6.07 –461.49 –2.33 Sydney S&P/ASX 200 7144.70 –1.91 +106.01 +1.51
13.18
7.70
5.15
0.62
TelaBio
TFF Pharm
TELA
TFFP
...
...
dd
dd
10.10
.72
–0.85 ...
–0.11 ...
18.39
133.80
4.57
12.01
UplandSoftware
Upstart
UPLD ...
UPST ...
dd
dd
4.70
15.51
–1.28 ...
–3.31 ...
on train inspections by an average of Barron’s, but noted that it invests revived calls for freight trains to in- 5,000
17.24 12.38 TFS Fin TFSL 8.9 45 12.66 –1.67.2825 Istanbul IMKB 5384.56 +3.30 –124.60 –2.26 Taipel Weighted 15526 –0.53 +1388.51 +9.82
10.42 9.89 TGVentureAcqn TGVC ... dd 10.30 +0.01 ...
25.12
29.74
9.79
17.81
Upwork
UrbanOutfitters
UPWK ...
URBN ...
dd
16
10.62
26.96
–1.59 ...
–0.73 ... Jakarta Composite 6765.30 –0.71 –85.32 –1.25 Tel Aviv 125 Index 1787.96 +3.19 –25.39 –1.40 8% a year from 2017 to 2021, according about $1 billion a year on maintaining stall an electronic braking technology
11.35 9.91 TLGY Acqn A TLGY ... 26 10.44 +0.02 ...

Mpi34/Media Punch/Alamy
12.63 4.85 UroGenPharma URGN ... dd 9.32 –0.98 ...
3.34 0.51 TMCthemetals TMC ... dd .85 –0.20 ... 4.42 1.22 Usio USIO ... dd 1.82 –0.07 ... Johannesburg All Share 76454 –2.35 +3405.79 +4.66 Tokyo Nikkei-225 28143 +0.78 +2049.47 +7.85 to the analysis of industry filings. Nor- its infrastructure. “The safety of our Aerial view of the that was mandated by the U.S. govern-
154.38 120.90 T-MobileUS TMUS ... 67 139.51 –2.39 ... 109.50 80.10 UtahMedProducts UTMD 1.3 20 89.50 –6.50 .295
44.43 23.09 TPG TPG 5.5 dd 28.86 –4.68 .50 5.03 2.44 UTStarcom UTSI ... dd 4.28 –0.20 ...
Kuala Lumpur Composite 1433.08 –1.41 –62.41 –4.17 Toronto S&P/TSX 19774 –3.92 +390.00 +2.01
folk’s per-mile spending on repairing employees and the communities in Norfolk Southern ment after a 2013 crash killed 47 peo- 2,500
25.05 8.46 TPIComposites TPIC ... dd 13.25 +0.78 ... 17.50 2.21 Uxin UXIN ... 0 2.49 –0.38 ... LISBON PSI 4452.64 –1.52 +32.21 +0.73 Vienna ATX 3445.68 –2.66 +319.29 +10.21 train derailment on
157.77
88.48
93.53
37.19
T.RowePrice
TTEC
TROW
TTEC
4.6
2.8
16
17
105.03
37.44
–8.46 1.22
–3.60 .52 V London FTSE - 100 7748.35 –2.50 +296.61 +3.98 Wellington S&P/NZX 50 11727 –1.19 +253.80 +2.21
and maintaining freight cars and loco- which we operate is our No. 1 prior- March 4th in Spring-
ple in Quebec. The Trump administra-
17.49
5.83
11.53
1.52
TTM Tech
Taboola
TTMI
TBLA
...
...
14
dd
12.91
2.84
–0.65 ...
–0.54 ...
10.75
7.94
9.87
3.17
VMGConsumerA
VNET
VMGA
VNET
...
...
cc
dd
10.30
3.27
... ...
–0.83 ... Madrid IBEX 35 9285.00 –1.89 +1055.92 +12.83 Zurich Swiss 10765 –3.80 +35.86 +0.33 motives fell 7% and 5% a year, respec- ity,” the company said. “We diligently field, Ohio. The com- tion dropped the mandate.
6.69 2.09 TabulaRasaHlth TRHC ... dd 5.51 –0.74 ... 0
21.62 6.28 TactileSystems TCMD ... dd 14.98 –0.31 ...
12.24
59.15
5.85
31.85
VOXX Intl
VSE
VOXX
VSEC
...
.9
dd
18
11.61
42.23
–0.54 ...
–15.74 .10
Manila Composite 6589.88 –0.98 +23.49 +0.36 tively. No cuts of such size were made monitor our trains and infrastructure pany’s second de- “When you have accidents like this,
159.51 90.00 TakeTwoSoftware TTWO ... dd 110.58 –6.12 ... 9.38 1.08 Vacasa VCSA ... dd 1.24 –0.13 ... Mexico City IPC 52794 –2.56 +4330.67 +8.94 railment in a month 2017 '18 '19 '20 '21
10.56 0.89 TalarisTherap TALS ... dd 1.77 –0.23 ... 7.45 2.02 Vaccitech VACC ... 5 2.61 –0.39 ...
Indexes are based on local currencies. Because of various holidays and other market closings, the most
recent close is not necessarily that of the week of publication. at the other big U.S. railroads: Union to identify potential hazards.” heightened safety there usually is an impetus to push
1.94 0.52 Talkspace TALK ... dd .72 –0.18 ... 10.86 9.90 VahannaTechI A VHNA ... cc 10.42 +0.03 ...
11.37 10.00 Talon1AcqnA TOAC ... 34 10.54 +0.03 ... 13.92 9.56 ValleyNatlBncp VLY 4.4 9 10.05 –1.35 .11 Pacific (UNP), CSX (CSX), and the Norfolk Southern said that in 2022, concerns. safety improvements on the rail- Source: Company Reports
 16 BARRON’S March 13, 2023

roads,” says Robert Lauby, a former the five years through 2021, the most
federal rail safety chief. “And some- recently reported to the STB. Barron’s
times it’s the impetus you need to zeroed in on items relevant to the kind
“History shows that it doesn’t pay to try push some new technology or policy.” of equipment failure in the East Pales-
Since precision scheduled railroad- tine crash. Those included repair and
to time the stock market, but there are ing was introduced 20 years ago at maintenance of locomotives and
Canadian National Railway (CNI) freight cars, train inspections, and the
times when risk levels have increased by CEO E. Hunter Harrison, most
large railroads have embraced the
repair and operation of track signals.
Like many other line items in the
strategy. Before he died in 2017, Harri- railroads’ reports, these spending lev-
to a point where it is wise to have a son brought the strategy to two other els declined over the five years. That
major railroads he successively led, isn’t surprising, as precision railroad-
safety net – like dividends.” Canadian Pacific Railway (CP) and ing allowed Norfolk Southern, for
CSX. Union Pacific and Norfolk example, to reduce its locomotive
Southern adopted the approach, too. count from more than 4,000 in 2017
- Jim Cullen, Chairman & CEO As precision railroading expanded to 2,800 in 2021.
profits, shareholders benefited. In the As a result, the remaining equip-
five years through 2022, Norfolk ment worked harder. While Norfolk
Southern stock rose 70%, while it reduced its number of freight cars by
High Dividend Equity paid out $5 billion in dividends and
bought back $12.8 billion in stock.
36%, mileage fell by only 14%.
To compare spending between
Rail workers and their unions didn’t years—and between railroads—Bar-
share Wall Street’s enthusiasm for pre- ron’s adjusted their spending on trains,
Enhanced Equity Income cision railroading. The strategy led locomotives, and freight cars by the
railroads to cut workforces by 30%. miles that they traveled each year.
Shippers aren’t all fans, either. At meet- Norfolk Southern’s per-mile spend-
Value Equity ings last year of the industry’s eco- ing to inspect, repair, and maintain its
nomic regulator—the federal Surface trains declined more than at other
Transportation Board—shippers com- railroads. Both CSX and Union Pacific
Small Cap Value
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

plained that cost cuts had hurt service. boosted their spending on train in-
Unions say precision railroading’s spection, while BNSF boosted spend-
cuts have also hurt safety. “It has deci- ing on its locomotives and freight cars.
International High Dividend mated the railroads from a safety per-
spective,” says Jared Cassity, the rail
In response to Barron’s queries,
Norfolk said it is expanding a pro-
safety chief at the International Asso- gram to train local first-responders.
Emerging Markets High Dividend ciation of Sheet Metal, Air, Rail, and
Transportation Workers, whose mem-
“Incidents involving hazardous mate-
rial spills are extremely rare, but we
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

bers range from locomotive engineers are prepared for them,” it said.
to switchmen. “Cost-cutting measures Safety proposals issued by Trans-
Water Impact translate to fewer and worse inspec- portation Secretary Pete Buttigieg
tions of equipment.” after the East Palestine crash included
Railroads dispute that spending mandated train crew size, tank car
cuts have impacted safety. At the re- improvements, larger penalties for
quest of Congress, the Government railroad infractions, and a renewed
Accountability Office issued a Decem- push for electronically controlled
ber 2022 investigation that didn’t find pneumatic brakes.
a clear relationship between accident Former safety official Lauby says
rates and the strategy’s adoption. But electronic brake controls would re-
some inspectors said they had seen an duce stopping distances by 20% in an
For further information, please contact Schafer Cullen Capital Management increase in wear and tear, including emergency. The system could also
212.644.1800 • [email protected] • schafer-cullen.com more broken wheels, as a result of equip train cars with sensors that
deferred maintenance. could detect vibrations or heat from
The cause of Norfolk Southern’s the kind of wheel failure that derailed
crash in East Palestine was a faulty Norfolk’s train in East Palestine.
Schafer Cullen Capital Management is an independent investment advisor wheel bearing, according to initial The Association of American Rail-
registered under the Investment Advisers Act of 1940. This information should findings by the NTSB. The wheel’s roads successfully reversed the earlier
not be used as the primary basis for any investment decision nor, should it be rising heat was picked up by three mandate for electronic brakes. The
construed as advice to meet a particular investment need. It should not be successive trackside detectors, known association says the brakes “would not
assumed that any security transaction, holding or sector discussed has been as hot bearing detectors, spaced miles provide a meaningful safety benefit.”
or will be profitable, or that future recommendations or decisions we make will apart. The third detector triggered an Wells Fargo analyst Allison Polin-
be profitable or equal the investment performance discussed herein. A list of all alarm, but when the crew started iak-Cusic says electronic brake con-
recommendations made by the Adviser in this strategy is available upon request braking, it was too late. trols would cost $5,000 to $8,000 per
for the 12 months prior to the date of this report. To seek clues on safety spending, car. Every unit in a train must be out-
Barron’s examined annual reports fitted for it to work. Industrywide, she
filed by the big four U.S. railroads in estimates the cost at $9 billion. B
 March 13, 2023 BARRON’S 17

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 18 BARRON’S March 13, 2023

cerns about U.S.-China competition

and potential conflict hasten the push
by companies to diversify supply
chains. Europe’s industrial companies
can grab market share from U.S. ex-
porters caught in the back-and-forth
between the two superpowers.
As the war in Ukraine enters its
second year, most economists see
Europe headed for a recession. Japan
faces its own issues as the world’s
third-largest economy battles inflation
for the first time in decades. That
leaves Japanese central bankers with
an even more difficult challenge than
the Federal Reserve as they try to inch
away from a decadeslong, ultraeasy
monetary policy.
Investors should focus on global
companies keyed in to long-term
trends, such as the shift toward electri-
fication needed to hit zero-carbon tar-
gets and the push toward greater digiti-
zation and automation as companies
diversify supply chains from China.
This Siemens Smart Infrastructure plant
in Zug, Switzerland, exploits trends from Barron’s talked with a handful of
digitization to supply-chain resilience. veteran stockpickers who are scoop-
ing up companies that benefit from
these trends and can thrive even if
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

economic challenges persist. Here

Foreign Stocks Are Poised

between the U.S. and China. are five to consider.
Even after the recent gains, the • Siemens (SIE.Germany) is often
MSCI EAFE trades at a relatively viewed as a proxy for Germany’s econ-
cheap 13 times next year’s earnings, omy—and for much of last year, that
reflecting sober views of foreign econo- wasn’t a good thing. Russia’s invasion

To Shine. 5 Top Picks. mies. That compares with 18 times for

the S&P 500, as investors try to decide
of Ukraine sent natural-gas prices
spiking, and concerns about the fall-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

whether the U.S. is headed for a reces- out on Germany’s heavily industrial
sion or stuck in the grips of inflation. economy weighed on the stock.
While China’s economy faces lon- But the company sits at the center
ger term challenges, a focus by policy of electrification, which is crucial as
After a decade of U.S. dominance, overseas powerhouses from Siemens makers on reviving the economy and the world moves toward clean energy
to Samsung to Richemont offer a cheap entry into powerful trends the emergence of consumers from and automation gains traction with
three-year Covid lockdowns are fuel- companies looking to bring produc-
ing a rebound. At the same time, tion closer to home. Rupinder Vig, an
BY RESHMA KAPADIA companies more geared to China than many investors are wary about direct international equity analyst at T. Rowe

A
their U.S. counterparts. investments in China in light of geopo- Price, says Siemens is improving the
s U.S. stocks trounced “The need to look elsewhere wasn’t litical tensions. That makes Japanese quality of management and aligning
other major markets over there for years because U.S. returns companies and European exporters management incentives to cash and
the past decade, investors were phenomenal,” says Gertjan Van attractive ways to tap China’s recov- return-oriented metrics that resonate
had little reason to stray Der Geer, co-manager of the John ery, wrote Gavekal Research’s Louis- with investors.
far from home. Now, for- Hancock Global Thematic Oppor- Vincent Gave in a recent client note. Analysts, on average, expect earn-
eign stocks have taken the tunities fund (ticker: JTKAX). “Now, Japan is a key beneficiary when ings to increase 17%, to $10.85 a share,
lead, bolstered by a chang- with the worries about the general China rebounds. Chinese tourists fa- in the fiscal year ending in September
ing monetary and geopolitical back- economy, the need to look outside for vor Japan as a travel destination, and 2024. Fund managers see strong
drop that gives investors fresh reasons growth is more pressing.” Japan makes many of the tools, autos, growth in years to come as the com-
to venture abroad. For investors whose international and specialty chemicals China con- pany benefits from continued spend-
The MSCE EAFE index, which portfolio allocations have dwindled sumes, Gave says. That benefit could ing on automation and electrification.
tracks developed markets abroad, is over the past decade, adding foreign be amplified because of the currency At 16 times forward earnings, Siemens
up 10% over the past six months. The stocks can act as a buffer and offer a backdrop. The yen is sitting at a two- trades at a discount because it’s still

Courtesy of Siemens
S&P 500 is about flat over the same cheaper entry into powerful trends decade low against the renminbi, viewed as a conglomerate, money
period. China’s sudden turn to like electrification and digitization. It’s making Japan an especially attractive managers say. Further gains in the
growth-oriented policies and its eas- also a way to tap into China’s recov- destination for tourists and companies stock could come as the company
ing of Covid restrictions have boosted ery—without stepping into the geopo- looking to source products. beats earnings expectations and gains
prospects of Asian and European litical minefield of escalating conflict Europe’s exporters benefit as con- a wider recognition of its streamlining
 March 13, 2023 BARRON’S 19

Swiss luxury group efforts, Vig says. lion in net cash. That allows it to in- are not particularly stretched,” says
Richemont sells
scarcity and wields Using a sum-of-the-parts analysis, vest aggressively in transitions to the Thomas Davis, manager of the global
considerable pricing John Hancock’s Van Der Geer arrives next generation of technology, says equity opportunity and international
power. Richemont
bought Jaeger-
at a target share price for Siemens of David Samra, a manager of the Arti- equity opportunity strategies at Jenni-
LeCoultre watches almost 200 euros ($211). Even after san International Value fund son Associates.
in 2000. applying a 10% “conglomerate dis- (ARTKX). • Cie. Financière Richemont
count,” that represents an attractive Once the economic cycle turns, (CFR.Switzerland), trading at 22 times
upside, since the stock’s current price Samra expects Samsung to emerge next year’s earnings, is roughly 15%
essentially gives investors the com- with even greater profits. While losses cheaper than luxury giant LVMH
pany’s smart infrastructure busi- in capital-intensive businesses like Moët Hennessy Louis Vuitton
ness—which he values at about €45— memory-chip manufacturing will (MC.France). An activist investor in
away for free. force rivals to cut capacity, exit the Richemont lit a fire under manage-
• Schneider Electric (SU.France) market, or merge with others, Sam- ment to make changes, says Sammy
benefits from some of the same sung’s balance sheet is allowing it to Simnegar, manager of the Fidelity
themes as Siemens, though its prod- keep investing, positioning it for International Capital Appreciation
ucts primarily go into residential and greater market share and value out of fund (FIVFX). Richemont has di-
Some 60% of Sam- commercial buildings. About 40% of the downturn, Samra says. Analysts vested its money-losing online busi-
sung Electronics’
profits stems from global energy consumption comes polled by FactSet put Samsung’s tar- ness, is improving margins and return
making memory from buildings, making them a key get price at 74,666 won ($57), repre- on invested capital, and is benefiting
chips. Samsung
continues to invest
part of efforts to hit net-zero-carbon senting more than 20% upside. from a re-emergence of brands like
in chip technology, emissions, especially in Europe. Geopolitics could also help Sam- Van Cleef & Arpels and Cartier.
like these nano- Schneider plays a key role in that sung’s profits as companies try to di- • Investors’ preference for pre-
meter wafers at its
production line in transition. versify from an outsize reliance on mium products is also apparent in
Hwaseong, South Schneider’s earnings have doubled Taiwan Semiconductor Manufac- skin care and beauty. Japanese beauty
Korea. in six years, and Van Der Geer expects turing (TSM). Though much smaller and personal-care company Kosé
medium- to long-term earnings than TSM, Samsung is the No. (4922.Japan), home to brands such as
growth of about 10% as demand in- 2 foundry manufacturer of leading- Decorte and Tarte, is one beneficiary.
tensifies for energy efficiency-related edge technology. That business con- Before Covid, the company sported
products such as smart meters and tributes to roughly 10% of profits, but margins higher than its peers after
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

industrial automation. The company grew at a 30% pace in 2022. CEO Kazutoshi Kobayashi, the
has a €16.5 billion backlog of orders, founder’s grandson, repositioned the

L
roughly equal to half a year’s worth of uxury stocks held up well business toward premium products.
sales. With about a fifth of sales com- through the pandemic as com- More recently, the company has
Japanese beauty ing from China, the company is well panies found ways to connect been investing in promoting more of
and skin-care com-
Photographs, from top: Courtesy of Jaeger LeCoultre; courtesy of Samsung; courtesy of Kose; courtesy of Schneider

pany Kosé is home positioned to profit from the recovery with higher-end clients who its brands abroad. It stands to benefit
to a number of of the world’s second-largest economy. emerged from the pandemic with fi- as Chinese consumers travel again
premium brands,
including Sekkisei
At 20 times forward earnings, nances intact. Increased demand in and gain familiarity with the com-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Herbal Gel. Schneider stock sits at the higher end the U.S. and Europe helped offset the pany’s skin-care product line.
of its historical valuation, but Van Der slump in China. Kosé’s valuation, at 47.6 times
Geer notes that the company has Now, China’s reopening and efforts forward earnings, reflects depressed
boosted its operating margins to 19% to help stabilize the economy have set sales and margins, as the company
from 15% about a decade ago. He ex- off so-called revenge spending and has yet to recover from its Covid-
pects further improvement, especially sparked a flurry of overseas travel related hit, says Chris Dyer, a manager
as Schneider recently bought the re- plans for the higher-end segment of of the Calvert International Equity
maining stake in industrial software the country’s population. fund (CWVIX). He expects Kosé to
firm Aveva, a higher-margin business The relative scarcity of luxury generate high-single digit sales growth
that tends to produce more-sustain- goods gives these companies more plus margin improvement that should
able revenue. pricing power than mass-market ri- translate into double-digit earnings
• Samsung Electronics vals, as they sell to clients less vulner- growth. In the interim, a balance sheet
Schneider Electric (005930.Korea) has been slogging able to economic turbulence. “For the with roughly 12% of its market cap in
products primarily
go into making through depressed sales, hurt by a stability of the group, the valuations cash acts as a buffer. B
buildings smarter weak economic backdrop and con-
and more energy-
efficient—like the
cerns about a recession. Another con-
company’s own cern is an oversupply of memory International Intrigue
Smart Factory in Le chips, which account for some 60% of Foreign stocks are getting a closer look. These five companies are well positioned
Vaudreuil, France. for trends like electrification, digitization, and China’s recovery.
the South Korean company’s profits.
But Samsung executives see a recov- Company / Ticker Recent Price 12-Mo. Forward P/E
ery possible in the second half of the
Cie. Financière Richemont / CFR.Switzerland CHF146.90 21.6
year that could help global chip de-
mand recover, aided by China’s re- Samsung Electronics / 005930.Korea KRW60,300 22.0
opening and stimulus efforts, along Schneider Electric / SU.France €155.14 19.5
with a broader pickup in spending.
Siemens / SIE.Germany €149.82 15.7
While some rivals are hamstrung
by debt and are cutting back on Kosé / 4922.Japan JPY15,880 47.6

spending, Samsung has $100 bil- Source: FactSet

 M
20 BARRON’S March 13, 2023

MARC BENIOFF IS TEXTING ME,

which is curious to begin with, but
even more so, given the timing. Be-
nioff, of course, is the indefatigable
CEO of Salesforce, the high-profile
enterprise software company that
just dropped a boffo earnings report.
Benioff is, at this very moment, read-
ing his presentation on the call—and
text-bragging me simultaneously:
“Delivering great results”
“I love everyone [heart emoji]”
Wait, how is that even possible?
As it turns out, the CEO’s portion
of the call is recorded. Still, Benioff’s
texting demonstrates just how juiced
he is by his company’s numbers and
how unorthodox his management
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style is—never mind his penchant

for trying to seduce reporters.
Zooming with me the next day
from his home in San Francisco
in front of a Mickalene Thomas
painting—“It’s a great work of art;
she’s a really nice lady”—Benioff
continued his Salesforce (ticker: CRM)
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

flex: “I just did deliver the best quarter

in the history of software. We’re really
at another level, and we’re really ex-
cited about that level of performance.”
It’s no wonder that Benioff was so
hyped—leaving aside that he’s an
excitable guy to begin with. The earn-
ings report and accompanying guid-
ance was a shot back at Wall Street
and, to Benioff’s mind, a vindication

Benioff Is Fighting Back as

of his efforts to right the Salesforce
ship, which has been listing. “We
needed that,” a Salesforce executive

Salesforce Turns Up the Profits

said to me after the earnings report,
with palpable relief in his voice.
Quick back story here: For years,
Salesforce was the ultimate “software
as a service,” or SaaS, stock, delivering
stellar returns. It also served as a plat-
form for the Big Benioff—a Golden
As Salesforce growth slows, the pioneering CEO has a new sales pitch: making money. State Goliath of a man (6 feet 5 inches,
The stock still has some catching up to do. 300 pounds) with a larger-than-life
personality to match—and his vision
of stakeholder capitalism. Salesforce,
which pioneered cloud-based cus-
BY ANDY SERWER P H OTO G R A P H BY J E S S I CA C H O U
tomer-relationship-management soft-
ware (hence the CRM ticker) that
helps companies manage their sales
 March 13, 2023 BARRON’S 21

relationships and businesses writ says Sarah Hindlian-Bowler, head beginning for Benioff. He has his work time, and we just expanded our mar-
large, has been a fun-loving, purpose- of U.S. tech research at Macquarie cut out for him: To get back ahead of gin to one of the very highest of all the
driven place that made employees and Group, who has an Outperform rating the market, Benioff needs to continue cloud software,” he says. “So, I would
shareholders rich. on the stock. That was a proposed $20 on his new profit-making path. say I think that the numbers speak for
What drove the Salesforce narra- billion deal. “And then with its pur- The big questions—and the activist themselves.”
tive was top-line, or revenue, growth. chase of MuleSoft [for $6.5 billion] investors—remain. To wit: Is this Benioff, 58, has always been the
Following the well-worn Silicon Val- and Tableau [for $15.7 billion] and truly an inflection point for Sales- consummate salesman, and as such,
ley playbook, Benioff focused on scal- especially Slack [for $27.7 billion],” force, going from a growth play to a making an about-face to focus on
ing his company—in Salesforce’s case, she notes that she thinks Salesforce margin-expansion play? And, if so, profits, or even sales and profit, may
through acquisitions, rewarding em- overpaid for the last two. “Wall Street can Benioff change his stripes to prove more difficult than he thinks.
ployees and especially marketing. went from asking, ‘Are you going to execute this transition? Benioff began his career as a wunder-
“Monetizing,” or focusing on net in- grow at any cost?’ to ‘Wait, they are When I asked Benioff the inflec- kind salesman at Oracle (ORCL). He
come and profitability, would come growing at any cost.’ ” tion point question, he sounded a bit was the company’s rookie of the year
later. (Though non-GAAP operating The doubts grew just as interest equivocal: “I would say that we ad- at age 23 and became its youngest vice
margin has climbed recently, for much rates began dragging down the mar- just the company’s financial strategy president three years later. Benioff
of the past 10 years that key metric ket, and tech stocks, in particular. based on the economic conditions learned from his mentor, Oracle co-
was almost an afterthought and hov- Salesforce tumbled 59% from that and the market opportunity. But founder and former CEO Larry Elli-
ered in the low teens.) November 2021 peak to its bottom while market conditions change, son, how to motivate the troops—and
Investors cheered Benioff’s modus in December of 2022 of $128 a share. our core values never change.” then took it to another level.
operandi because it worked. Since the Salesforce, a favorite of short sellers When I asked him if he could be Benioff’s genius has been to recog-
company went public in 2004, an- in its early days, had now attracted a the margin-expansion guy, he seemed nize that enterprise software is one
nual revenue has grown from $176 shiver of sharks. No fewer than six more certain: “I am one of the highest- of the most boring businesses on the
million to $31.4 billion in its just- activists bought Salesforce stock, agi- performing software executives of all planet. Getting customers, employees,
ended fiscal year. tating for change. While they haven’t
At the stock’s peak of $310 in been acting in concert, particularly,
November 2021, shares had gained they all basically want the same thing:
11,171% since the initial public offer- to see Salesforce stock move back up.
ing—up more than 100-fold, or an And in a slower growth environment,
annualized 31%. Even after accounting there was one way to accomplish that:
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for the stock’s near halving since higher profit margins. That meant
then—it recently traded at $179—it’s Benioff needed to cut costs and get
still up an annualized 25% versus the spending under control.
S&P 500 index’s 9%. Through the winter months, Benioff
Salesforce is still small relative to, began to do just that. He met with the
say, Microsoft (MSFT), which is six activists (and added one, Mason Morfit,
times bigger in sales and 10 times to Salesforce’s board of directors), im-
bigger in market value. But it now plemented some of their plans to re-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

sits just one rung below megacap align the business, and hired Bain to
Toru Takahashi/AP/Shutterstock; Fabrice Coffrini/AFP/Getty Images; Joe Scarnici/Getty Images for Sound

tech—Apple (AAPL), Microsoft, help. He also laid off 8,000 employees.

Amazon.com (AMZN), Alphabet Meanwhile, top executives such as
(GOOGL), and Meta Platforms Stewart Butterfield, CEO of Slack, and
(META)—in the Silicon Valley eco- Benioff’s co-CEO, Bret Taylor—who
system. Salesforce, unlike Meta, Am- had simultaneously been chairman of
azon, and Alphabet, is even in the Twitter’s board—left the company.
Dow Jones Industrial Average. Then, in the latest earnings report,
But Salesforce recently hit a serious Benioff revealed the fruits of his labor,
wall. By this past summer, Wall Street giving investors exactly what they
analysts became concerned about wanted to hear. Yes, revenue growth
sales growth, focusing in part on a was down year over year, and the
possible slowdown in what is known company guided to just 10% growth
as current remaining performance for the current fiscal year, but those
obligations, or CRPO—essentially numbers beat expectations.
future bookings—which foreshadows What really excited investors,
a drop in revenue. though, was the company’s 22.5% op-
On the cost side, Wall Street was erating margin, and guidance for 27%
concerned about Salesforce’s head next year; a pledge to terminate M&A;
count, which had increased along and the ever-popular, albeit controver-
with those of other tech companies. sial, panacea—a mega stock buyback.
The company added 30,000 em- Salesforce stock spiked on the news,
ployees through the pandemic era, a and it’s up nearly 35% year to date,
60% increase. And there were worries handily outperforming the broader
about Salesforce’s big, breakneck indexes. No wonder Benioff is crowing.
mergers-and-acquisition strategy. But Salesforce still trails the market
Clockwise from top left, Benioff with Neil Young at a U.S.-Japan friendship event in Tokyo; with World Economic
“It began with Salesforce being over the past one-, three- and five-year Forum President Børge Brende and Carbon Direct Vice-Chairwoman Nili Gilbert in Davos; with talent manager Guy
interested in buying Twitter in 2016,” periods. In other words, this is only the Oseary, Matthew McConaughey, and Ashton Kutcher at SXSW in Austin, Texas.
 22 BARRON’S March 13, 2023

and shareholders excited about Benioff peppers his conversations Salesforce Grows Up
customer-relationship-management with “mahalo” and “ohana,” a nod to As revenue growth has declined, Marc Benioff and Salesforce have found ways to
software is, well, next to impossible. his growing multimillion-dollar real squeeze more profit out of every dollar generated.
So, Benioff set out to get people stoked estate residences and holdings in
Revenue Growth Non-GAAP Operating Margin
about Salesforce, not the business. And Hawaii.
he did it in myriad ways: by sending Benioff also courts reporters, 40%
out strong messages about values and though sometimes in awkward ways.
focusing full-bore on top-line growth In 2008, at a Fortune Brainstorm
and screaming about his success from Tech Conference in Half Moon Bay, 30
the treetops. Calif., Benioff saw me through a hotel
Most important, Benioff put Sales- room window ironing my pants. For
force on the map by spending billions years afterward, Benioff ribbed me 20
on marketing. Just one example is the about it. (Hey, Marc, reporters got to
company’s annual Dreamforce confer- iron, OK?)
ence in San Francisco. Billed as the “Oh, that’s part of the Benioff reten- 10
largest software conference in the tion device,” a former executive says to
world, it now draws 150,000 attend- me when I tell him the ironing story.
ees and celebrities such as the The same executive describes working 0
Obamas, Megan Rapinoe, Bono, and for Benioff as an always-on proposi-
2014 '15 '16 '17 '18 '19 '20 '21 '22 '23
Matthew McConaughey. (Salesforce’s tion. “Marc is hard-charging and pas-
generous sponsorship pay package to sionate, but he doesn’t rule by terror. Note: Data for fiscal years ending in January Source: FactSet

the last has been in the news lately.) It’s true the clock doesn’t rule his
There’s also Benioff’s persona and schedule. When Marc is on your cal-
profile. Silicon Valley has its share of endar, you put a sideways wormhole We use it.” As for Benioff’s recent to below 20%,” says Macquarie’s
big personalities, from Steve Jobs to in your schedule.” travails, the exec says, “He did get Hindlian-Bowler. Time to dust off that
Marc Andreessen, but even among Those quirks and strong personal- a little bit over his skis.” deck, Marc. That day is now. And who
this cohort, Benioff stands out. ity may have something to do with Benioff is the 301st richest person knows, another co-CEO may be in the
A native San Franciscan, Benioff why Benioff has taken the rare step of on the planet, according to the Bloom- offing, as well. Third time’s a charm,
erected the 61-story Salesforce Tower, not just naming co-CEOs on two occa- berg billionaires list. right?
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the biggest building in the city. He and sions, but also outlasting them both. He owns 27.8 million shares of I’ve always thought there was some
his wife Lynne bought Time magazine Keith Block left as co-CEO almost Salesforce, worth roughly $5 billion. P.T. Barnum in Marc Benioff, which
for $190 million. The author of four exactly three years before Bret Tay- “I think I own more stock than all the might seem wholly pejorative, but
books, he is a liberal who is outspoken lor’s departure. Benioff says that Tay- activists combined,” Benioff tells me. Barnum, huckster though he was,
on social issues and highly visible at lor “got a twinkle in his eye and came “That doesn’t mean I subordinate was a shrewd businessman. Barnum
Davos. He’s philanthropic, too. Leaving to me and said he’s going to pursue them or not listen to them. If you didn’t form his namesake circus until
aside the $600 million of giving from his entrepreneurial pursuit.” own one share of the stock, I will he was 60 years old, in 1870. After 146
Salesforce, the Benioffs have donated “I like Marc,” a CEO of a Fortune pick up the phone and call you and years, Ringling Bros. and Barnum &
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

well over half a billion dollars to im- 100 company told me. “I talk to him talk to you. That’s how I am. I believe Bailey shut down in 2017, but it hasn’t
proving healthcare, fighting climate late in the day. He’s a good guy, built in that kind of democratization and disappeared. The circus is returning
change, and combating homelessness. a great company, with a great product. equanimity.” later this year with a new show, minus
Just how effective is Benioff’s sin- the animals. Even the circus had to
gular stew of braggadocio, sincerity, change its stripes.
and hyperbole? Consider the differ- Bottom line: Underestimating the
ence in visibility and buzz between power of hype coupled with shrewd-
Salesforce and Adobe (ADBE), two ness is probably done at your peril.
similar-size enterprise software com- I remember being skeptical about
panies. Adobe has actually been a Benioff 10 years ago, when his stock
much better stock over the past de- was $40. He had things to figure out
cade, but Salesforce has a much then, and he did. For Benioff today, it’s
higher profile—a profile that might another decade, another challenge.
have helped it land in the Dow Jones Speaking of which, he has accom-
30, for instance. That’s all Benioff. plished something that has eluded
A paradox here is that while most other tech founders: gaining
Benioff might be the paradigm of a membership into the market’s most
modern, stakeholder-capitalism CEO, exclusive blue-chip club.
perhaps even helping to bend our eco- It was late August 2020 when the
nomic system, right now it is Benioff Dow replaced Exxon Mobil (XOM)
who is being schooled by the inexora- with Salesforce. Since then, the oil

Marlena Sloss/Bloomberg
Scan this code ble life cycle of a company, the tyranny giant has produced a total return of
to watch Marc of large numbers (meaning growth 205% while Salesforce has lost 34%.
Benioff on At
Barron’s With becomes tougher as a company gets He hasn’t just disappointed share-
Andy Serwer, bigger), and the economic cycle. holders of late; Benioff is now losing
a new video
series featur-
“People forget that 10 years ago, to an oil company. As if the big guy
ing top CEOs. Marc showed the levers he could pull, needed more motivation for his next
Benioff, a native San Franciscan, built the 61-story Salesforce Tower, the city’s tallest building. the day when top-line growth slowed big act. B
 March 13, 2023 BARRON’S 23

Here’s What It Will

Cost You to Own an EV
It could take five to 10 years for an electric vehicle to pay off financially
compared with a gas-powered car. Here’s how the math adds up.

BY KAREN HUBE burning fossil fuels.

A
But be wary of rosy proclamations
great selling point of about savings. EVs may take five to six
electric vehicles is that years to break even compared with
your days of pumping gas gasoline models, factoring in higher
are over. But with the upfront prices and expenses like elec-
number of EVs eligible tricity, insurance, maintenance, and
for the $7,500 federal tax depreciation. There’s wide variability
credit about to fall in potential savings per model. Some
sharply—or vanish for some mod- EVs may take 10 years to prove less
els—the savings from going electric, expensive, while others are a better $10,000 more than a comparable gas you’ll then have to factor in the cost of
if any, are getting murkier. deal from day one. Much of the long- model. Most EVs are in the premium gas versus charging. According to the
Many shoppers don’t buy EVs for term savings may depend on whether or luxury segments, driving up the National Resources Defense Council,
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purely economic reasons. The cars are an EV qualifies for state or federal tax averages, with Tesla commanding the cost of charging an EV at home is
cutting-edge technology, quiet and credits. more than half the market. equivalent to filling up a gas model at
zippy, and don’t pollute the air di- “People have to carefully research Midrange models are also relatively roughly $1 per gallon. The current
rectly. Tesla (ticker: TSLA), the mar- the total cost of ownership beyond the pricey. Volvo’s XC40 EV, for example, national average is $3.45 per gallon.
ket leader, made EVs cool and practi- out-the-door price,” says Elizabeth starts at $54,645—or $17,200 more If you drive 15,000 miles a year, the
cal, prompting other car makers to Krear, vice president of the electric than the XC40 gas model, at $37,445 U.S. average, the five-year charging
jump in with rival models. EV sales vehicle practice at J.D. Power. “There (all prices include destination fees). costs for the Volkswagen ID.4 EV, for
are expected to rise 25% this year, are myriad operating costs and advan- Jaguar’s I-Pace EV runs $72,575, com- instance, would be $3,705. The com-
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reaching 8% of the new-car market. tages based on where you live.” pared with $49,175 for the gas E-Pace. parable Volkswagen Tiguan, getting
For consumers, federal and state tax The place to start the number- Hyundai’s Kona EV, one of the lower- 26 miles to the gallon, would cost
breaks may sweeten the deal, part of a crunching is with the transaction priced models, starts at $34,885, com- $10,300 over the same period, accord-
broad push by the government to curb price. The average price of an EV is pared with $23,475 for the gas Kona. ing to AAA. Yet even with the EV’s
the country’s carbon emissions from about $60,000, generally at least Assuming an EV price premium, big fuel savings, it would take more
than five years to break even on fuel
costs, given the higher price of the EV.
Electric vs Gas And there’s no guarantee that prices
Whether you’ll come out ahead with an EV depends on the model and a variety of other factors. will stay constant; higher gas prices
Five-seater crossover SUVs Small SUVs would favor a faster break-even point
for the EV, and vice versa.
EV Model Another factor is the cost of a high-
Gas Model speed home charging station. The
popular JuiceBox 40 runs about $650,
and the ChargePoint Home Flex,
about $750. Installation costs vary
2023 Tesla 2023 BMW 2023 Volvo 2023 Volvo 2023 Kia 2023 Kia from about $1,000 to $6,000, depend-
Model Y X3 XC40 EV XC40 Niro EV Seltos
ing on how close the charger is to the
home’s electrical panel and whether
Illustration by María Jesús Contreras

MSRP* $53,490 $46,200 $53,550 $35,750 $44,550 $23,390

Fuel $3,300 $13,241 $4,705 $12,331 $3,450 $8,804
you need a new panel and electrical
upgrade, according to Cars.com.
Maintenance/Repairs $6,506 $8,443 $5,655 $6,182 $4,619 $7,054
Insurance is another variable. Pre-
Depreciation $24,818 (46%) $31,620 (68%) $37,372 (70%) $22,718 (64%) $26,915 (60%) $13,366 (57%) miums for EVs typically run 5% to
Insurance $10,440 $8,873 $9,451 $8,209 $9,266 $8,360 15% more than for gas models, accord-
Financing $7,772 $6,706 $7,764 $5,234 $6,467 $3,511 ing to Bankrate.com. “You’re espe-
5-Yr Ownership Cost $52,836 $68,883 $64,947 $54,674 $50,717 $41,095 cially likely to see higher costs in areas
Assumes: Average costs (costs vary by state), annual mileage of 15,000, 15% down on a 5-year loan, gas at $3.45 per gallon for regular and $4.19 for premium, electricity at $0.158 per kilowatt hour, full-coverage- where you’re not likely to have easy
insurance.*Does not include potential tax credits on electric vehicles. Source: AAA availability of parts or specialists for
 24 BARRON’S March 13, 2023

THE EC ONOMY
EV repairs,” says Cate Deventer, an insur- One positive for EVs is that maintenance
ance analyst at Bankrate.com. should cost less than for gas vehicles because
Annual premiums for a Ford Mach-E there’s no need for things like oil changes
EV run about $2,000, compared with an and other traditional upkeep. Five-year
average $1,600 for small sport-utility vehi- maintenance costs for the Ford F-150 Light-
cles, according to Insuraviz.com, an online ning EV, for instance, are estimated at $6,187,
insurance marketplace. The Tesla Model Y compared with $7,189 for the gas pickup,
costs about $2,200 to insure versus $2,000
for comparable luxury SUVs. Over five
years, that would add another $1,000 to
according to AAA. The Nissan Leaf EV’s
comes in around $5,000, compared with
$6,727 for the Nissan Kicks gas hatchback.
That Talk About a Wage-
your EV costs.
Where you live affects the math, too.
Insurance rates are about twice as high in
Depreciation, or resale values, used to be
a big disadvantage for EVs. But battery
technology has improved sharply, so the
Price Spiral? It’s Wrong.
Texas as in Vermont, for instance. In Idaho, cars last longer before a battery needs to be
a $33,550 Kona Electric SE will take seven replaced. That is helping to narrow the
years for the EV’s lower annual costs of depreciation gap.
ownership to be cumulatively less than for Resale values also depend highly on the BY CARL B. WEINBERG The consumer price index, or CPI,
the $21,990 Kona SE gas model, according model and demand for that car, but one Chief Economist, High Frequency Economics everyone’s favorite inflation metric, is the

I
to a calculator on the U.S. Department of feature that may help most EVs hold their cost of a specific basket of goods and ser-
Energy’s website. If you live in Rhode Is- value is a good warranty, says Brian Moody, n a throwback to the lingo of the vices. However, all the goods and services
land, where maintenance and insurance executive editor at Kelley Blue Book. “It great inflation of the 1970s, we hear in the CPI aren’t the same as all the goods
costs are higher, it takes 10 years to come helps that most EVs have much more gen- today’s central bankers talking in the economy. Some are made without
out ahead with the Kona EV, according to erous warranties,” he says. Coverage for about a wage-price spiral spinning much or even any labor. CPI, in fact, is
the DOE’s math. eight years or 100,000 miles isn’t unusual out of control. Catalyzing this al- mainly a services price index these days,
Another key variable is your states’ elec- for EVs, while for gas cars three years or leged spiral are multiple supply-side with a few goods thrown in.
tricity rates, relative to gas prices, and in- 36,000 is common. shocks since 2020. They include Housing services are the biggest compo-
centives for buying and owning an EV, Strong demand for EVs overall is also Covid lockdowns and energy price spikes nent of CPI, accounting for about a third of
which can include state tax credits and re- lifting resale values. According to Ed- that followed Russia’s invasion of Ukraine. the index. No labor is required to produce
bates for EVs and charging installation. munds, trade-in values on the Chevy Bolt Yet, any wage-price spiral that Federal housing services for owner-occupied units.
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Kentucky has no incentives for EV buy- and Nissan Leaf rose, respectively, from Reserve Chairman Jerome Powell and Neither is there much labor needed to pro-
ers, for instance, while Oregon offers up to 52% and 32% of their original price to 82% other central bankers might fear today duce most of the energy we use. That is
a $7,500 rebate. Delaware offers a $2,500 and 65% from 2019 to 2022. would be a very different thing than the about 6% of the index. So, only 60% or so
rebate to residents who buy or lease an EV One other positive trend for EVs is that one Arthur Burns presided over in the of the CPI basket consists of goods that
priced below $60,000 before April 30. prices are getting closer to gas vehicles, early 1970s. Institutions have changed. labor costs will affect much. That reduces
Maryland’s $3,000 EV tax credit has ex- even without the federal tax credit. Tesla Any impulse to prices from a jump in the impact of any wage increase on CPI to
pired and will be available for purchases shook things up in January by lowering wages would be stable, self-dampening, 1.4 percentage points.
again starting on July 1. Check the DOE’s prices on its Model Y and Model 3 cars, and short-lived. In fact, it has been stable Thus, a wage-price spiral is easily seen
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website for EV incentives by state. cutting them 4% to 9%. The Model Y now and self-dampening, and so we predict it as self-dampening: A 5% increase in
Qualifying for the $7,500 federal tax starts at $56,630, and the Model 3, at will be short-lived. wages will trigger just a 1.4% increase in
credit is going to get tougher. The credit $44,630, including order and destination The fear among policy makers and oth- prices, fueling demands for wage in-
applies only to EVs and plug-in hybrids fees. Tesla also recently cut prices on its ers is that accelerating wages must push creases that are smaller than the rise in
assembled in North America—a provision high-end Model S and Model X. up prices. The worry is that these price prices. As we look around the world to-
that includes some EVs and plug-in hybrids The Chevy Bolt, starting at $27,495 after a increases will encourage demand for even day, this is exactly what we are seeing in
by Tesla, Chevrolet, Ford Motor, BMW, recent price cut, now competes squarely bigger wage increases, and so on. We think the data: Wage increases everywhere
Volkswagen, and others, but excludes pop- against compact gas models, especially if you not. Let’s take that process apart. aren’t keeping up with increases in prices.
ular EVs and plug-ins made by Hyundai, can snag the $7,500 tax credit. The Bolt isn’t Suppose wages were to rise 5% over a Adjusted for inflation, real wages and
Kia, Toyota Motor, Subaru, and Honda. the slickest or fastest EV, and had a major year. It doesn’t follow that prices will rise incomes are falling. Declines in worker
The price must be under $55,000 for cars setback in 2021 with batteries catching on by the same 5%, either right away or ever. spending as real wages fall are one of the
and $80,000 for SUVs and pickup trucks. fire, prompting a massive recall. But those For starters, the supply price of goods and most widely cited reasons that central
The Internal Revenue Service is ex- defects have been corrected, according to services is determined by the cost of all banks are fearful of recessions this year,
pected to issue rules later this month re- General Motors. Car review site Ed- inputs to the production process: Unit along with higher interest rates.
quiring 40% of a battery’s critical minerals munds.com says the Bolt has “mediocre ride prices at equilibrium are simply the sum of Today’s wage-price linkage isn’t the
and 50% of its parts to be sourced in North quality” and slow charging times, but overall unit costs. Unit labor costs are the rate of unstable beast of the 1970s. In those days
America or countries with a U.S. free-trade it’s a “smart pick for a low-price EV.” increase of wages adjusted for increases in “cost of living adjustments,” or COLAs,
agreement for full credit eligibility. Few, if Chevrolet’s Equinox EV, expected to productivity. So, if productivity were to guaranteed pay increases several percent-
any, car makers are expected to qualify on start at $30,000 when it launches this fall, rise by 2% in our example, unit labor costs age points above the rate of CPI increases
both fronts. Most won’t immediately meet could undercut the $35,000 to $45,000 would be up by only 3%. each year. These days, COLAs are thing of
the critical minerals rule, which will reduce market range for EVs of a similar size, says Labor isn’t the only input to the produc- the past in the job market. Most workers
the credit to $3,750. Chris Harto, a senior policy analyst at Con- tion process, though. Labor costs average are hired on an “at will” basis with no
EV buyers also face income-eligibility sumer Reports. The Chevy could be “the only 80% of the total cost of producing union support or COLA guarantees.
limits to qualify for the credits. Modified first attempt to really attack the heart of the goods and services across the economy, on This yada-yada-yada in the markets
adjusted gross income can’t exceed mainstream market,” he says. average. So, a 5% wage increase leads to a about a wage-cost spiral is much ado about
$300,000 for couples filing a joint return, To size up potential savings, check out 3% increase in unit labor costs, which con- nothing. If prices are rising, it must be
$225,000 for heads of household, and online comparison tools from AAA, Ed- tributes 2.4 percentage points to the price because demand is exceeding supply, not
$150,000 for singles and other filers. munds, and the DOE. B of goods across the economy. because wages are pushing up the CPI. B
 March 13, 2023 BARRON’S 25

T ECH T RADER
Fourth-quarter PC sales fell 28.5% from a year
earlier, according to Gartner, the worst decline
since the firm started tracking the data.

Dell Could Be Tech’s

PC sales, which boomed during the tion in every market where it plays—
pandemic period in 2020 and 2021, commercial PCs, midrange and high-
have reversed course. Whitten notes end storage, x86-based servers, and
that previous PC market declines ran various other categories.

Cheapest Stock. The

four to six quarters. This one is four While Dell, like other enterprise
quarters and counting. According to computing providers, is seeing de-
Gartner, fourth-quarter PC sales fell mand pushed out, Whitten says there
28.5% from a year earlier, the worst are no signs of material order cancel-

Discount Won’t Last.

year-over-year decline since the market lations. “What makes this cycle differ-
research firm started tracking the data. ent is just how central technology feels
But that isn’t going to continue for to our customers,” he says.
long—every information worker needs The company, he notes, has gotten
a modern PC. Whitten notes that dur- aggressive with its capital-return pro-
ing 2020’s first three quarters, the PC gram, as promised on completion of its

Y
industry sold 62 million commercial VMware spinoff in 2021. Dell has re-
ou’d be hard-pressed to Street had been expecting. Dell is notebooks, as offices shuttered at the turned $4.5 billion to shareholders
find another tech stock headed for its lowest revenue year— start of the pandemic. He says the since September 2021. That includes
as statistically cheap as around $88 billion—since 2018. average life span of a business note- both stock buybacks—$2.8 billion in
Dell Technologies. And yet Dell Co-Chief Operating book is about three years, meaning all the latest fiscal year—and dividends,
And the outlook is Officer Chuck Whitten, a recent addi- of those pandemic-era laptops will with the quarterly payout recently in-
better than you think. tion to the company’s management soon need replacing. creased 12%, for a 3.8% yield.
The Round Rock, team, sees reason for optimism. Dell believes the current market for “Over the last year we bought back
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Texas–based PC and enterprise hard- Whitten came to Dell in 2021 after PCs is roughly 260 million a year, 64.2 million shares,” he says. “We
ware firm recently traded for seven two decades at the consulting firm about what it was before the start of would not have done that had we not
times projected fiscal 2024 profits, the BY ERIC J. Bain & Co., where he eventually dealt the pandemic. But Whitten says inves- thought the stock was a good value.”
lowest valuation of any tech company I SAVITZ exclusively with Dell. Among other tors have to look beyond unit growth. Whitten dismissed my suggestion
track. The stock trades at 0.5 times projects, Whitten worked on Dell’s For one thing, he says the increased that Dell, at its current modest valua-
enterprise value to revenue, again 2013 leveraged buyout, the company’s reliance on mobile and hybrid workers tion, could go private again. I’m not
among the lowest readings of any tech 2016 EMC acquisition, and its return has spurred businesses to buy better- sure the idea is crazy, though. Michael
company. Dell (ticker: DELL), founded to the public markets five years ago. quality hardware, with higher average Dell and Silver Lake bought out the
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

nearly 40 years ago by namesake Mi- While Dell hasn’t said it explicitly, sales prices. He notes that a commer- company for $24.9 billion in 2013, then
chael Dell, is cheaper than PC rival HP Whitten could eventually succeed cial PC—Dell’s sweet spot—sells for took it public again in 2018. Since 2013,
Inc. (HPQ), or enterprise hardware founder Michael Dell as CEO. more than three times the price of a Dell’s revenue has increased nearly
provider Hewlett Packard Enter- In an interview this past week in Chromebook. “The PC is being asked 80%, but the market value is almost in
prise (HPE), or IBM (IBM), or disk- San Francisco, Whitten told me that to do more,” Whitten says, with the line with the level from 10 years ago.
drive stocks, or almost anything else. Dell is “navigating an uncertain start result being “a richer profit pool” for In any case, Whitten says the stock
Of course, there are reasons for the to the year,” but that revenue should commercial PC vendors. will do fine as demand starts to re-
low valuation. The PC market is in a sequentially improve throughout fis- Whitten also argues it’s a mistake cover. “Investors want to see green
deep post-Covid funk. And corporate cal ’24, which ends in January. In to expect an indefinite decline in IT shoots,” he says. “We’re continuing to
enterprise spending on other stuff short, he says we’re approaching a spending. He says companies put see caution. But technology is essen-
Dell makes—servers, storage systems, trough in tech spending. Maybe this themselves at risk by underspending tial to our customers. By the time you
security software, and the like—is also quarter, maybe the next, but it’s com- on technology. And Whitten contends see it in the numbers, you’re going to
under pressure, as IT departments ing before long. Dell now has the leading market posi- be too late.” B
tighten their belts in anticipation of a
slowing economy.
Those trends were underlined by
Dell’s recent fiscal fourth-quarter fi-
nancial results and reinforced by its
forecast for fiscal 2024. In the quarter,
“Technology is essential to our customers,”
revenue was $25 billion, down 11% Dell Co-Chief Operating Officer Chuck
Courtesy Dell Technologies Inc.

from a year ago. That was actually

above the company’s forecast of $23
billion to $24 billion—and profits of
Whitten says about the company’s flagging
$1.80 a share hit the top end of Dell’s
guidance range.
stock. “By the time you see it in the numbers,
For fiscal 2024, Dell sees revenue
down between 12% and 18%, consid-
you’re going to be too late.”
erably worse than the 10% drop Wall
 26 BARRON’S March 13, 2023

I N C O M E I N V E ST I N G
Genter Capital Management CEO Dan Genter
says of the dividend outlook for stocks: “Across
the board, it’s actually quite healthy.”

Don’t Let Bad News

of that industry or stocks overall. He revenue of $24.4 billion in 2022.
points to a trio of technology stocks Sethi also likes Comcast (CMCSA),
that he believes are sound options for which yields 3.2%. The media and
income investors: Broadcom (AVGO), entertainment company’s sprawling

Frighten You Away

Microchip Technology (MCHP), assets include cable systems, theme
and Texas Instruments (TXN). parks, NBCUniversal, and television-
Broadcom, which makes semicon- and movie-production studios.
ductors, yields 2.9%. Genter considers Comcast has been battling some

From Dividend Stocks

its dividend secure, partly because the headwinds, including cord cutters
company “is in a very solid position who are jettisoning traditional cable
with its market share and the advanc- access for video streaming. But, Sethi
ing of its market share.” Broadcom in comments, “It has a ton of cash flow
December declared a quarterly dis- and the ability to grow.”
bursement of $4.60 a share, up 12% Last year’s free cash totaled $12.6

D
from $4.10. billion, of which $4.7 billion was spent
ividends, a bed- David Kelly, chief global strategist Microchip Technology yields 1.7%. on dividends. The company recently
rock for many in- at J.P. Morgan Asset Management, It recently boosted its dividend by 9%, announced a 7% annual increase, to
vestors, have had a also thinks that payouts are in good to 35.8 cents a share from 32.8 cents. $1.16 a share.
few high-profile shape overall but cautions: “This is Genter points out that the dividend The recent dividend cuts among
setbacks lately. going to be a year where profits will accounts for roughly 20% of the com- several large U.S. companies show that
Intel (ticker: be pressured,” although he doesn’t pany’s free cash flow, which he views income investors must stay on their
INTC) last month expect a huge falloff. as a reasonable and sustainable level. toes and do their due diligence about
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slashed its quarterly dividend by 66%, One motivator for companies to Texas Instruments, which special- their holdings or prospective ones.
to 12.5 cents a share from 36.5, pointing keep their yields at decent levels, he izes in making analog chips used in Wolfe Research’s Senyek says that
out in a release that the move “is de- BY adds, is that until about a year ago, autos, factory equipment, and other it’s important to focus on free cash
signed to position the company to cre- LAWRENCE bond yields had been very low. Now, applications, yields 2.8%—on the high flow, which is essentially a company’s
ate long-term value.” C. STRAUSS “the competition from fixed income is end for a technology stock. The com- operating cash minus its capital ex-
Apparel company HanesBrands going to be that much greater.” pany in September declared an 8% penditures. Intel, for example, had
(HBI) eliminated its payout to focus all The 10-year U.S. Treasury Note boost in its quarterly dividend, to adjusted free cash flow last year of
of its free cash flow on “accelerating recently was yielding about 4%, up $1.24 a share. minus $4 billion, but still paid about
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

debt reduction,” according to a release. from around 2% a year ago—thanks to Sarat Sethi, a managing partner at $6 billion of dividends on its common
Gold miner Newmont (NEM) said the aggressive rate-boosting regimen DCLA, a financial advisory that over- stock. Says Senyek: “That was a pre-
that it plans to pay a quarterly divi- of the Federal Reserve, aimed at get- sees about $7.5 billion, says: “You cursor for a potential cut.”
dend of 40 cents a share, down from ting inflation under control. want to find businesses that have re- He prefers to avoid companies with
55 cents. Dan Genter, the CEO of Genter curring revenue” and that are durable a lot of debt, and likes those whose
And footwear and apparel maker Capital Management, doesn’t expect a in any economic setting. payout is well covered by free cash
VF Corp. (VFC) cut its quarterly pay- wave of payout cuts, though he fore- For him, that includes healthcare flow. That also means companies with
out by 42%, to 30 cents a share from 51 sees dividend growth slowing to the conglomerate Johnson & Johnson net debt below three times its Ebitda—
cents. Speaking to analysts during an mid-single digit range from the high- (JNJ), which yields 3%; and invest- earnings before interest, taxes, depre-
earnings call in February, that com- single digits for the stocks he holds. ment giant Morgan Stanley (MS), ciation, and amortization.
pany’s interim chief executive, Benno “Across the board, it’s actually quite which yields 3.2%. The latter has built Senyek recently ran a stock screen
Dorer, called the cut “a principled and healthy,” Genter says. up its wealth advisory business, whose criteria included a dividend
financially responsible decision.” The Intel dividend cut was widely which provides steady revenue. That yield of at least 3%, a payout ratio of
These jarring headlines notwith- expected, he says, and not a reflection segment reported record full-year net below 90%, and net debt to Ebitda of
standing, dividend health overall less than three times.
looks pretty sound across most of the Among the largest companies it
U.S. equity-income landscape. Six Durable Dividends turned up were Ford Motor (F), with
“Many dividend payers have These companies should have the financial wherewithal to sustain and grow their dividends. a 4.7% yield; retailer Best Buy (BBY),
strong balance sheets and lower le- 4.5%; and Darden Restaurants
Company / Ticker Recent Price Dividend Yield Market Value (bil) 1-Year Total Return
verage, and the sustainability of the (DRI), 3.2%. The screen is a starting
Broadcom / AVGO $632.26 2.9% $261.2 9.3%
dividend isn’t in question unless we point, not a definitive list, of buys.
get a really deep downturn,” says Comcast / CMCSA 35.90 3.2 152.6 -19.9 Overall, however, the outlook for
Chris Senyek, chief investment strat- Johnson & Johnson / JNJ 152.96 3.0 401.3 -7.3 dividends appears to be solid. Says J.P.
egist at Wolfe Research. Microchip Technology / MCHP 84.52 1.7 45.0 21.3 Morgan’s Kelly: “There’s no reason to
Still, “as the cycle turns and the Morgan Stanley / MS 95.90 3.2 162.4 13.6
be underweight dividend-paying
economy slows, investors need to be stocks, or to shun dividend-paying
Texas Instruments / TXN 176.22 2.8 155.9 5.1
mindful of companies that might have stocks just because interest rates are
to cut the dividend,” he adds. Note: Data as of March 8. Source: FactSet higher.” B
 March 13, 2023 BARRON’S 27

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 28 BARRON’S March 13, 2023

F UN DS
Scoreboard: Bank Shot
How to Tell You’re Buying The S&P 500 fell 1.58%,on still-hot inflation and bank woes. China funds fell 6.31% as expectations
of more stimulus faded. Japan stocks rose 2.48% on hopes of continuing central bank dovishness.
One Week Year-to-Date

A Fund at the Wrong Time U.S. STOCK FUNDS

TOP SECTOR / Japanese Funds
BOTTOM SECTOR / China Region Funds
S&P 500
U.S. BOND FUNDS
– 2.56%
2.48
– 6.31
– 1.58
0.33
3.17%
5.18
– 1.00
2.05
1.09
Bloomberg Barclays AGG Bond 0.78 0.22

The Week's Top 25

Fund Investment Objective One Week Year-to-Date
BY LEWIS BRAHAM Volatile aggressive growth funds like Timothy Plan Israel CV A / TPAIX Intl Sm/Mid-Cap Growth 3.55% – 3.5%
PIMCO Extend Dur Inst / PEDIX Corp Debt BBB Rtd 3.45% 4.9%
American Beacon ARK Transforma-

S
RMB Inv Japan I / RMBPX Japanese 3.05 6.4
uccessful investing is counterintui- tional Innovation (ticker: ADNPX) and Wasatch Hois US Tr Inv / WHOSX Genl US Treasury 2.96 2.5
Catalyst Systmtc Alpha I / ATRFX Abs Return 2.71 12.9
tive. Unlike an action film, you want Morgan Stanley Institutional Discovery Hennessy Japan Inst / HJPIX Japanese 2.71 4.9
your investments to be as boring as Portfolio (MACGX) illustrate the dangers. Fidelity Adv Japan Z / FIQLX Japanese 2.70 5.7
Matthews Asia Jpn Inst / MIJFX Japanese 2.69 4.7
possible. The ideal funds in today’s Both funds were up over 140% in 2020 as Conquer Rsk Def Bull / CRDBX Alt Multi-Strategy 2.66 8.1
Arrow Mgd Fut Str Inst / MFTNX Alt Mgd Futures 2.54 6.7
volatile markets aren’t those sexy tech or investors enthused about tech stocks, then PIMCO Lng-Tm Govt Inst / PGOVX General US Govt 2.48 2.7
aggressive growth ones, but staid, predict- subsequently collapsed in 2021-22. Many DFA Japan Sm Co I / DFJSX Japanese 2.47 5.3
Vanguard Lg-Tm Trs Adm / VUSUX Genl US Treasury 2.46 2.4
able balanced or allocation funds that are investors got in after the surge. The Morgan GMO-Usonian Jpn VC VI / GMAHX Japanese 2.42 6.7
well diversified between stocks and bonds. Stanley fund has a modest 4.7% five-year Commonwealth Japan / CNJFX Japanese 2.39 2.4
DoubleLine Lng Dur TR I / DBLDX Corp Debt BBB Rtd 2.36 2.8
A number of studies indicate that most annualized return through Feb. 28, but its T Rowe Price Int Lt Am / PRLAX Latin American 2.36 5.8
investors have terrible timing when it five-year investor return is negative 11.5%. RESQ Strategic Income A / RQIAX Abs Return 2.20 – 1.3
Fidelity Japan Sm Co / FJSCX Japanese 2.12 3.9
comes to buying and selling mutual funds, (Investor returns are calculated monthly RBB Camp Systm Macro I / EBSIX Alt Mgd Futures 2.01 8.6
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

T Rowe Price Int Japan / PRJPX Japanese 1.97 2.9

and the more volatile the fund is, the worse instead of daily.) The American Beacon fund Hennessy Japan SC Inst / HJSIX Japanese 1.92 5.9
their timing. One reason is psychological. has a similar gap: a negative 19.7% five-year PIMCO Long Dur TR Inst / PLRIX Corp Debt BBB Rtd 1.89 2.6
GMO Asst Alloc Bond VI / GABFX General Bond 1.85 0.1
Investors do better in steady-Eddie bal- investor return and a less painful negative Quantified Pat Recog Inv / QSPMX Specialty Dvsfd Eq 1.85 7.7
anced funds because they don’t chase per- 0.7% regular one for those lucky enough to
formance to their detriment. “You don’t get get in at the start of its massive run-up. The Week's Bottom 10
the FOMO from seeing, ‘Oh, my God, it Interestingly, bond funds, which aren’t Fund Investment
ProFunds Btcn Str PF Inv / BTCFX
Objective
Alt Currency Strat
One Week
– 14.95
Year-to-Date
19.7
went up 60%, I better get in,’ ” says Russ usually volatile, had a wider investor return Cboe V Bitcoin SMV Inst / BTCVX Flexible Portfolio – 13.26% 15.5%
Rydex Banking A / RYBKX Financial Services – 9.14 – 4.8
Kinnel, Morningstar’s director of manager gap than allocation funds in the Morningstar Fidelity Sel Banking / FSRBX Financial Services – 8.73 – 4.1
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

research, referring to the fear of missing report—1.17 points for taxable bond funds J Hancock Reg Bank A / FRBAX Financial Services – 8.53 – 7.4
Templeton China Wd A / TCWAX China Region – 7.93 – 3.1
out. “And you don’t have to panic” when and 1.21 points for municipal bond ones. The RBC China Equity I / RBCIX China Region – 7.84 – 2.2
a low-risk balanced fund falls a modest moment the principal of a bond fund goes UBS All China Equity P2 / ACPTX China Region – 7.78 – 3.2
Hennessy Sm Cp Finl Inv / HSFNX Financial Services – 7.76 – 5.4
amount. down, investors panic and sell. By contrast, Matthews Asia China Inv / MCHFX China Region – 7.55 – 3.8
One way to analyze how well or poorly with stocks they expect some volatility.
investors trade is to examine a stat that “Bond fund investors generally just want to The Largest 25
Assets 3-Year* 1-Week YTD
Morningstar calls “investor returns,” which collect their bond yield and don’t want any- Fund Investment (billions) Objective Return Return Return

calculates the impact of funds’ cash inflows thing to go wrong with the principal of their American Funds Gro A / AGTHX $101.7 Large-Cap Growth 7.6% – 1.66% 6.4%
American Funds Bal A / ABALX $91.0 Mix Tgt All Gro 4.7% – 0.93% – 0.2%
and outflows to reveal the returns that inves- fund investments,” Kinnel says. “But that Vanguard Wellington Adm / VWENX Mix Tgt All Gro 5.1 – 0.81 – 0.3
89.3
tors actually earn on their trades. These isn’t how it works.” Fidelity Contrafund / FCNTX 85.1 Large-Cap Growth 8.3 – 0.79 5.1
investor returns are then compared with Allocation funds offer a happy medium Vanguard Tgt Ret2030 Inv / VTHRX 78.6 Mix-Asst Targ 2030 4.1 – 0.77 2.3
Vanguard Tgt Ret2035 Inv / VTTHX 77.9 Mixed-Asset Target 2035 5.0 – 0.95 2.5
the funds’ conventional return numbers. for investors between stocks and bond
American Funds Inc A / AMECX 75.2 Mix Tgt All Mod 6.0 – 1.37 – 1.2
In the latest installment of an annual funds, as they tend to hold up better when Vanguard Tgt Ret2025 Inv / VTTVX 72.9 Mixed-Asset Target 2025 3.3 – 0.58 2.0
report called Mind the Gap, Morningstar either bonds or stocks are out of favor. Many American Funds Wash A / AWSHX 69.9 Large-Cap Value 10.2 – 1.87 – 2.0
found that over the 10 years ended on Dec. allocation funds are “target-date funds” that Fidelity SA US Tot Stk / FCTDX 69.3 Multi-Cap Core 11.3 – 1.84 3.1
PIMCO Income Inst / PIMIX 68.0 Multi-Sector Inc 0.1 – 0.08 0.8
31, 2021, the most volatile single-sector eq- investors buy through regular automatic Vanguard Tgt Ret2040 Inv / VFORX 67.8 Mixed-Asset Target 2040 6.0 – 1.11 2.7
uity fund categories, such as technology or contributions in their 401(k) plans. These Dodge & Cox Stck I / DODGX 67.7 Multi-Cap Value 14.3 – 2.93 0.3
energy, had the widest gap between what funds allocate assets to stocks and bonds American Funds EuPc R6 / RERGX 67.0 Intl Large-Cap Growth 4.6 – 0.58 5.5
American Funds ICA A / AIVSX 66.5 Large-Cap Core 10.1 – 1.15 2.5
the funds produced and what investors based on an investor’s expected retirement Vanguard Tgt Ret2045 Inv / VTIVX 63.7 Mixed-Asset Target 2045 6.9 – 1.26 2.9
earned because of poor trading, an annual- date. Buying funds at regular intervals—so- Fidelity SA Core Inc / FIWGX 60.8 General Bond – 2.6 0.74 0.9
ized 13.84% versus 9.59%—a 4.25-percent- called dollar-cost averaging—prevents inves- American Funds CIB A / CAIBX 60.6 Global Equity Income 4.6 – 1.21 – 0.3
American Funds FInv A / ANCFX Large-Cap Core 8.7 – 1.72 2.7
age-point gap. More-diversified and less- tors from buying only at peaks. 56.9
Vanguard PRIMECAP Adm / VPMAX 56.8 Large-Cap Core 10.3 – 2.17 1.1
volatile equity funds had a far narrower You can mimic this strategy outside a Dodge & Cox Income I / DODIX 55.4 Core Bond – 1.8 0.65 1.1
1.19-point gap between fund and investor 401(k). Consider buying a boring low-cost Vanguard Div Gro Inv / VDIGX 51.8 Equity Income 10.6 – 1.70 – 3.4
returns—15.86% versus 14.67%. The nar- fund like Vanguard Balanced Index Vanguard Tgt Ret2050 Inv / VFIFX 51.6 Mix-Asst Targ 2050 7.0 – 1.37 2.9
American Funds NPer A / ANWPX 49.8 Global Large-Cap Growth 8.7 – 1.64 5.1
rowest gap of all was in allocation/balanced (VBIAX) at regular intervals. You won’t Fidelity Str Adv LgCp / FALCX Large-Cap Core 0 – 1.78 2.6
49.7
funds, a 0.77-point gap between fund and knock the ball out of the park, but you’ll
*Annualized 03/05/2020 to 03/09/2023. Through Thursday. Source: Lipper
investor returns—9.43% versus 8.65%. lower your chances of striking out. B
 March 13, 2023 BARRON’S 29

Charting a Course for Crypto

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What does the future hold for crypto? Does it even have a future? Turmoil
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 30 BARRON’S March 13, 2023 March 13, 2023 BARRON’S 31

Q&A An Interview With Adam Seessel, Founder and

Managing Member, Gravity Capital Management
“Amazon is so huge that people think its business must be mature. Yet, online
shopping accounts for only 15% of U.S. retail sales.” Adam Seessel

Rethinking Value
nesses. Second, while they were opti- operating profit margin of 25%. would stay with the company, generat- Zuckerberg in monetizing them. The
cally expensive, if I loosened up the Facebook [now Meta Platforms ing more revenue. As Buffett said in his non-search businesses collectively
rigid value framework I had adhered to (META)] and Alibaba Group Holding 1999 annual report, he was investing break even or lose money.
for my entire investment career, these [BABA] were smaller companies but in today for tomorrow. And this is exactly Sundar Pichai, the CEO, is trying to
companies started to look cheaper. the same sort of asset-light, software- what Amazon, Alphabet, and Intuit are make the company’s non-Google

Investing in
These and smaller companies, driven business, and reporting margins doing—investing to grow. It isn’t crazy “other bets” businesses more disci-
whether Adobe [ADBE] or Intuit of 40% to 50%. This meant either math. But GAAP accounting, codified plined. An activist investor is making
[INTU], have looked expensive from a Google was an inferior business or in the 1930s when industrial compa- some of the same points as me. I said
value perspective since their initial spending more through its P&L [profit nies ruled the roost, wasn’t designed in my book that it would be good if
public offerings. Yet, they have mas- and loss statement] to grow. I con- for today’s tech companies. It penalizes Alphabet were broken up by regula-
sively outperformed since then, not- cluded the latter was true, and that its outlays for marketing and research and tors. The non-Google franchises

The Digital Age

withstanding last year’s market correc- earnings power implied a 40% margin. development by forcing such long-term would be forced to make money.
tion. And, they have a bright future; investments to be accounted for as one-
they have a small market share in large How do you define earnings power? year expense items. Texas Instruments [TXN] is an-
markets. Either the market was wrong Earnings power attempts to quantify a other of your favorite stocks. Why?
and we were in for a tech-stock reck- company’s latent, underlying ability to What excites you now about Ama- Texas Instruments is the only verti-
oning that would make the dot-com generate profits. It tries to get at not zon? cally integrated producer of analog
bust look trivial, or something about what a company is reporting in its It dominates two huge markets: e-com- chips, which regulate physical sensa-
BY LAUREN R. RUBLIN late Benjamin Graham, considered the value investing wasn’t capturing the GAAP [general accepted accounting merce and cloud computing. It has tions such as temperature and motion,

A
father of value investing (1.0), and Gra- value these companies were creating. principles] financials, but what it could moats around its brand and infrastruc- as opposed to digital semiconductors
s 2014 was drawing to a ham’s student, Warren Buffett (2.0), report if it were run as a mature busi- ture in both businesses. Amazon is so that are used for memory and storage.
close, money manager chairman and CEO of Berkshire Hath- Didn’t a multiyear decline in inter- ness like Coca-Cola [KO]. Buffett’s huge that people think its business TI has an advantage in product depth,
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Adam Seessel faced a away [BRK.A, BRK.B]. est rates have a lot to do with these holdings, like Coke and American must be mature. Yet, online shopping and is a great capital allocator.
reckoning: It was time to Seessel provided an update in a companies’ impressive valuations? Express [AXP], don’t have to spend accounts for only 15% of U.S. retail I also like Intuit. Its QuickBooks
rethink his devotion to March 1 interview with Barron’s, and That’s a popular narrative. But did the billions of dollars trying to find a new sales. Amazon has a 40% to 50% mar- Online product has about a 2% share of
value stocks and view discussed some of his favorite stocks. shares of all these digital businesses frontier. It wasn’t fair to compare tech ket share, and delivers more packages the addressable market in small-busi-
investing through a more An edited version follows. go up just because rates were low, or companies’ earnings to those of mature than FedEx [FDX]. ness accounting software, so there is a
growth-tinged lens. Seessel’s portfolio, because these companies were serv- companies. So, I made an adjustment. Reported earnings don’t look great, long way to go. Intuit spends about 10
stuffed with “old economy” names, Barron’s: How did you come to re- ing huge markets with a long growth Assuming Google’s earnings power but again, if you look through the in- times more than its nearest competitor
had lost 4% to 5% that year, while the alize that the tools of value invest- path ahead? It seems pretty clear the allowed for 40% margins, earnings vestments made to build out that infra- on marketing and product develop-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

broad market had rallied 13% to 14%. ing had failed to capture the value latter was true. were close to $2 a share, which meant I structure, the earnings power is huge. ment. It has a moat in terms of brand
The digital revolution was on, and of emerging tech companies? was paying more like 16 to 17 times In 2021, ex-Amazon Web Services, the recognition and those expenditures.
Seessel had missed it. Adam Seessel: My portfolio was full Do you consider yourself a growth- earnings for the stock. People might cloud-computing business, Amazon’s
Not any more. Seessel loaded up on of classic value names: an oil-services stock investor now? say my adjustment was magical think- reported operating margins were 1.5%. Tech stocks account for about half
technology stocks, and today his New company that was cheap based on I wouldn’t say I’m a growth investor. I’m ing, but guess who made a similar ad- It’s absurd to think this company’s your portfolio. Where else have
York investment firm, Gravity Capital earnings, a railcar company that was a new value investor. Buffett himself has justment when his company bought margins would be a third of Walmart’s. you made big bets?
Management, owns companies such as cheap based on net asset value. I also said there is no distinction between Geico? The Oracle of Omaha himself. It When you work through what Ama- Airbus’ [AIR.France] advantages
Amazon.com [ticker: AMZN] and owned Avon Products and Tribune value and growth. Buffett has gotten is an instructive example. zon could earn if it went into “harvest have been created by Boeing’s [BA]
Alphabet [GOOGL]—neither one Media. All these businesses were more comfortable paying higher valua- mode,” I calculate that margins are problems. The companies produce the
cheap (at least, not until recently) based cheap, yet their shares weren’t appre- tions for businesses because he under- But not of magical thinking. around 15%. The company’s earnings same product—jet planes. Yet, Airbus’
on value-investing metrics such as ciating. I took a good, hard look and stands that business quality is the main Berkshire owned 51% of Geico and power is 16 times reported earnings. net cash is equivalent to about 10% of
price-to-book value or price-to-current realized their best days were behind driver of value. My three variables are agreed in 1995 to buy the rest. In the The valuation looks much more rea- its market cap, whereas at Boeing,
earnings. Last year’s tech-sector selloff them. It occurred to me that I was business, management, and then price. last year in which it published finan- sonable on that basis. debt is equivalent to about 50% of the
was no picnic for these stocks or Grav- barking up the wrong tree and needed If you start with price, you tend to be cials, Geico had $250 million of net market cap. How can two companies
ity, which directly manages about $100 to re-evaluate my approach. looking at subpar businesses. That’s income and spent $30 million market- Same question for Alphabet: What in the same business have such differ-
million and advises on assets of why they’re cheap, and that’s why value ing its products. Within a few years of excites you now? ent profiles?
roughly $8 billion. The Nasdaq Com- So, what did you do? investors so often succumb to “value the acquisition, reading between the Alphabet’s stock is so cheap and out of About a generation or so ago, Boeing
posite fell 33%, while Seessel’s portfolio I took a deep dive into tech. Like most traps.” lines, Geico was spending $250 mil- favor that it trades for 16 times consen- decided to borrow money and buy back
declined 21%, net of fees. But that loss value investors, I had sniffed at tech lion on marketing. Accounting rules sus 2023 earnings estimates without stock. It underinvested in its products.
followed two years in which Gravity companies’ lofty valuations. But two How did you “loosen up” your forced the company to run 100% of any earnings-power adjustments. Man- Airbus plowed money back into its
gained well above 20%, net of fees. things occurred to me. The tech compa- value framework? these expenses through the P&L, agement has been buying back stock. planes. Airbus’ market share was 50%
Seessel, a former journalist and nies of the 2010s weren’t the tech com- When I started researching Google in which depressed earnings. It couldn’t To me, Alphabet has a bit of a cul- before the Boeing 737 MAX debacle
sometime contributor to Barron’s, de- panies of the dot-com era. Google [now early 2016, it was trading for $37 a capitalize them, unlike a manufac- ture problem. It has 10 or 12 platforms [the plane was grounded from mid-
scribed his evolution into a “value 3.0” Alphabet] and Amazon.com had be- share. It had $5 a share of cash, so it was turer. with more than a billion users each. March 2019 through 2020, after two
investor in Where the Money Is: Value come battleships. They were durable, effectively a $32 stock after its 20-for-1 Yet, functionally, the marketing was Its engineers are geniuses at creating crashes]. It will be about two-thirds in
Investing in the Digital Age, published last branded franchises with strong busi- split. The company had earned about a factory in the sense that it had a long great applications that people love, but a few years. That is a huge shift.
year by an imprint of Simon & Schuster. $1.15 a share in 2015, so it was trading life. Geico had to spend up front to management just isn’t as mercenary as
He also paid tribute in the book to the Photograph by ZACK DEZON for 28 times earrings. It was showing an acquire customers, and then they Amazon’s Jeff Bezos or Meta’s Mark Thanks, Adam. B
 32 BARRON’S March 13, 2023

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 March 13, 2023 BARRON’S 33

MARKET WEEK
March 6 through March 10, 2023

Euro Trader P. 36 Power Play P. 37

Emerging Markets P. 36 Charting the Market P. 40
Striking Price P. 38 Winners & Losers P. 41
Commodities P. 39 Research Reports P. 42
Inside Scoop P. 37 Statistics P. 43
13D Filings P. 37

MARKET PERFORMANCE DASHBOARD

Dow Jones Industrials S&P 500 Nasdaq Composite SPDR S&P Bank ETF

31,909.64
52-wk: -3.14% YTD: -3.73% Wkly: -4.44%
3861.59
52-wk: -8.15% YTD: +0.58% Wkly: -4.55%
11,138.89
52-wk: -13.27% YTD: + 6.42% Wkly: -4.71%
$40.88
52-wk: -20.88% YTD: -9.46% Wkly: -14.12%

10%
Fed Chills Market Shut Down
In congressional testimony on Tuesday, Federal regulators shut down SVB on
Powell indicated that the central bank would Friday after its efforts to raise capital 5
have to raise interest rates to levels higher than failed and the bank faced a run from its
previously anticipated. The S&P 500 fell 1.5%. venture-capital clients. It’s the largest bank
failure since the 2008-09 financial crisis. 0
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Treading Water
Stocks were little changed on Monday after -5
breaking a three-week losing streak the
previous week, as investors awaited Federal
Reserve Chairman Jerome Powell’s testimony -10
before Congress. Banks Tumble
Bank stocks suffered their worst day on Thursday
since the early days of the pandemic, after Silver-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

-15
gate Bank collapsed and SVB Financial Group an-
nounced a $1.8 billion loss in its securities portfolio.

-20
Monday Tuesday Wednesday Thursday Friday Close
Source: Barron’s Statistics

I
nterest rates are rising. Banks investors that it was forced to sell secu- But it doesn’t have to play out that

THE TRADER are failing. And, believe it or

not, the S&P 500 index could
still hit 4600.
rities at a loss because of dwindling
deposits, sending the stock down more
than 60%—and it took the rest of the
way. This past Friday’s payrolls report
showed signs of a cooling job market
despite a headline number that showed
Yes, that sounds ridiculous. banking sector with it. By midday on 311,000 jobs had been created. The
The Dow Jones Industrial Av- Friday, the bank had been shuttered. unemployment rate, for instance, rose
erage, after all, dropped 4.4% Investors have been waiting for to 3.6%, while wages grew at a slower-

SVB’s Failure this past week, while the S&P 500 fell
4.5%, to 3862, and the Nasdaq Com-
something to break, and the collapse of
SVB might be the first sign that things
than-expected 0.2%. And the problems
in the banking sector could make the

Might Be posite declined 4.7%.

The losses were spurred first by
comments made by Federal Reserve
BY JACOB
SONENSHINE
are breaking. The fear is that other
banks have similar issues, which is
why the SPDR S&P Bank exchange-
Fed less likely to move rates firmly
higher, not more.
“The bank’s woes may convince
Just What Chairman Jerome Powell in testimony
before the Senate. He said that inflation
traded fund (KBE) dropped 15% this
past week. And if the Fed decides it
Fed officials to at least slow the pace of
tightening,” writes Ed Yardeni, presi-
This Market is too strong and rates would need to
go higher than the market is expecting,
needs to keep aggressively raising
rates—the CME FedWatch Tool now
dent of Yardeni Research. “[Monetary]
policy is already sufficiently restrictive
Needed sending chances of a half-point rate
hike to more than 80%. Then, SVB
says it’s basically a coin flip whether
rates go up a quarter- or a half-point at
to engineer a soft landing and contin-
ued disinflation.”
Financial Group (ticker: SIVB), the this month’s meeting—that’s probably And a soft landing—the idea that the
parent of Silicon Valley Bank, told what will happen. Fed can reduce inflation without send-
 34 BARRON’S March 13, 2023

ing the economy into a deep recession—is continue their buyback binge. Biden’s pro-
exactly what the stock market pines for. The posal is still just a proposal, and the stock
payrolls data show that it may be closer to market’s decline last year has left many com-
reality than investors give it credit for. If a panies with much cheaper stocks than they
How much interest is recession is avoided, history suggests that
4600 is a reasonable target for the S&P
had at the end of 2021. Reducing share count
increases earnings per share, which can

your broker paying you? 500—even if earnings were to decline year

over year, which is highly plausible.
support a stock’s price. And buybacks re-
main a relatively safe way to return cash
In years with no recession but when S&P to shareholders without the restrictiveness
500 earnings have been declining, the index that comes from paying a fixed dividend.
gained 17% on average, according to Ever- Add it all up and there’s a good chance
core data, with some years offering even that repurchases remain in fashion.
better gains. In 1998, a year of high volatility, The biggest argument against buybacks
the index gained 27%. The midpoint of those might be the prospects for a deep recession
moves, 22%, would land the S&P 500 at just caused by the Fed’s continued rate increases.
Interactive Brokers pays up to over 4600 by year end. If a slowdown were to occur, companies
“A ‘soft landing’ playbook would suggest might find themselves wishing they had
4.08% interest annualized daily equity upside,” writes Julian Emanuel, chief saved their cash to get them through the
equity and derivative strategist at Evercore. tougher times.
on uninvested cash in your Is it too much to hope for? Wishful think- For now, though, analysts expect S&P
1
ing? Akin to an ostrich sticking its head in 500 aggregate free cash flow to rise 10%
brokerage account the sand? Perhaps. But fear often has a way year over year in 2023, according to Fact-
of turning into, well, something else. Set. And if cash keeps flowing, and com-
If the total market value of your account is less than “Once the fear is gone, greed can really pany payout ratios—the percentage of prof-
$100,000 - the interest payment will be proportionally less. push this market higher,” Yardeni says. its paid to shareholders—remain the same,
There will be no interest paid on the first $10,000 of cash. We can keep hoping. buybacks could end the year higher than
last year. That could send buybacks closer
Buybacks to Watch to $1 trillion for the year, says S&P Global
Politicians hate stock buybacks. Companies senior index analyst Howard Silverblatt.
Broker Interest Rate
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

love them—and right now, they show no That would be good news for the stock
signs of stopping. market, which gets a boost from a ready
4.08%
2
Interactive Brokers Yes, buying back stock might seem diffi- source of buyers, as well as for individual
cult for companies at the moment. President companies. When one reduces its share
Joe Biden, in his State of the Union address, count—some just use buybacks to reduce
said he would propose a 4% tax on buy- the impact of stock-based compensation—
E-Trade 0.01% backs, up from the current 1%. The idea is current shareholders end up owning more
to make buybacks more expensive and force of the company.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

companies to reinvest in their businesses One place to look for solid buyback
instead. opportunities is in the Invesco BuyBack
Fidelity 2.32% But total spending on share buybacks by Achievers ETF (PKW), which has returned
S&P 500 companies is on pace to hit $900 more than 48% over the past three years,
billion this year, according to LPL Financial, including reinvested dividends, besting the
Schwab 0.45% just a touch lower than it was in 2022, when
companies spent $922 billion. The number is
S&P 500’s 36%. The fund tracks U.S. com-
panies that have bought back a net 5% of
far more than the $500 billion spent on re- total shares outstanding in the past 12
purchases during pandemic-stricken 2020. months, and includes Lowe’s (LOW), Book-
TD Ameritrade 0.35% There’s a good reason for companies to ing Holdings (BKNG), and O’Reilly Auto-

Vital Signs
Friday’s Week’s Week’s Friday’s Week’s Week’s
Close Change % Chg. Close Change % Chg.
DJ Industrials 31909.64 -1481.33 -4.44 Barron’s Future Focus 830.08 -50.02 -5.68
DJ Transportation 14209.01 -904.28 -5.98 Barron’s Next 50 2222.40 -157.32 -6.61
DJ Utilities 887.55 -28.68 -3.13 Barron’s 400 929.74 -74.05 -7.38
DJ 65 Stocks 10760.09 -530.58 -4.70 Last Week Week Earlier
NYSE Advances 389 2,082
ibkr.com/earninterest DJ US Market
NYSE Comp.
944.94
14894.18
-49.05
-826.89
-4.93
-5.26 Declines 2,871 1,167
NYSE Amer Comp. 4196.68 -189.85 -4.33 Unchanged 27 57
S&P 500 3861.59 -184.05 -4.55 New Highs 177 245
S&P MidCap 2452.59 -195.68 -7.39 New Lows 236 93
Member NYSE, FINRA, SIPC. Supporting documentation for any claims and statistical information will S&P SmallCap 1172.34 -97.41 -7.67 Av Daily Vol (mil) 4,284.5 4,291.9
be provided upon request. Competitor rates and offers subject to change without notice. Services vary
Nasdaq 11138.89 -550.12 -4.71 Dollar (Finex spot index) 104.64 104.52
by firm. [1] Credit interest rates as of 03/02/2023. [2] Rate shown applies to IBKR Pro clients only. USD
Value Line (arith.) 8758.80 -627.25 -6.68 T-Bond (CBT nearby futures) 129-11 124-28
credit interest is paid at the stated rate on balances over USD 10,000 held in the securities segment of
an account with an NAV exceeding USD 100,000. Balances of less than 100,000 NAV in the securities Russell 2000 1772.70 -155.56 -8.07 Crude Oil (NYM light sweet crude) 76.68 79.68
segment will receive USD credit interest at rates proportional to the size of the balance. DJ US TSM Float 38818.07 -2097.15 -5.13 Inflation KR-CRB (Futures Price Index) 264.99 275.05
For more information, see ibkr.com/interestpaid 03-IB23-1602-HP Gold (CMX nearby futures) 1862.00 1847.70
 March 13, 2023 BARRON’S 35

Industry Action
Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*

–2.82% Utilities
–2.97 Telecommunications
–3.31 Technology
–4.27 Health Care
–4.65 Consumer Services
–4.68 Consumer Goods
–5.23 Industrials
–5.59 Oil & Gas

REAL ESTATE SECTOR OF

–7.98 Financials
–8.20 Basic Materials

motive (ORLY) among its holdings.

Source: S&P Dow Jones Indices

pany that’s supposed to be high growth. Wall

THE S&P 500 IN ONE ETF
One of the fund’s top holdings is cable Street, however, had already anticipated that
giant Comcast (CMCSA). As of the fourth companies would spend less on technology Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
quarter, the company is on pace to buy back and spent most of 2022 slashing its esti-
$14 billion of its stock in 2023, which would mates. Now the estimates might be too low, An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a
represent about 9% of its current market rather than too high. Analysts are forecast- prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the
capitalization. That should support 6% ing 18% annualized sales growth for the next prospectus carefully before investing.
annualized earnings growth through 2024, several years, to above $4 billion by 2027, All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification risks, which generally
according to FactSet. Comcast has a lot of according to FactSet. The total addressable results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

problems, starting with all of the money it’s market for the products that Okta sells sub- The S&P 500 is an index of 500 common stocks that is generally considered representative of the U.S. stock market. You cannot invest directly in an index.
throwing at its Peacock streaming service. scriptions for—security and employee iden- ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Shares are down 23% over the past year, but tity management software—is $80 billion,
they also look cheap at 9.4 times forward management said at its November investor
estimates, below the five-year average of 16.1. day. In a crowded field, 20% sales growth is
Don’t expect it to stay that cheap forever. reasonable, as it would land Okta’s sales at
not even 6% of that market by 2027.
Okta Looks Like a Buy “If they’re able to execute well, this is a
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Okta shares have sprinted higher since the company that can return over time to the
company’s earnings report. Its stock might 20% growth level,” says Mizuho Securities
still be worth chasing. analyst Gregg Moskowitz.
On March 1, Okta (OKTA), whose soft- Profitability, too, is improving. As sales
ware helps companies securely manage ac- grow, the benefits of scale can kick in, as the
cess by employees, reported adjusted fourth- company needs fewer expense dollars to
quarter earnings of 30 cents a share, beating create the same revenue dollars. Marketing
analyst forecasts for nine cents a share. (Ac- expenses were 41% of sales in the recent
cording to generally accepted accounting quarter, down from 49% in the prior quar-
principles, the company lost 95 cents a ter, and should continue falling. Analysts
share, due to stock-based compensation now expect Okta to earn 71 cents a share in
expenses.) Sales of $510 million also beat calendar-year 2023 and $1.11 in 2024, fol-
expectations, and Okta said it would earn 77 lowing losses of eight cents and 41 cents
cents a share for its 2024 fiscal year on sales in 2022 and 2021, respectively.
of $2.2 billion, an 18% rise from the year “They have driven efficiencies in their
before. The stock has jumped 13%, to $81, business and are driving toward profitabil-
since the release. ity,” says Piper Sandler analyst Rob Owens.
Usually, when a stock jumps this much, Okta stock looks cheap, at least relative
we look at other names. This time, though, to other enterprise-software companies. It
the gain makes us feel even better about the trades at 5.8 times calendar-year 2023 sales
stock. How is that possible? Okta was one of expectations, versus about 10 times for
the worst-performing stocks of 2022, when competitors like CrowdStrike Holdings
it dropped 70%. The concern, of course, (CRWD) and Zscaler (ZS). The last two are
was how an unprofitable company like Okta expected to grow sales at a 20%-plus clip. If
would be able to make a go of it when money Okta can do the same, the multiple should
was no longer free. expand and help drive shares higher.
Just fine, it turns out. Sales guidance of And that should make any investor feel
18% may not sound so exciting for a com- secure. B
 36 BARRON’S March 13, 2023

EUROPEAN TRADER E M E R G I N G M A R K E TS
Online Retailer Zalando Vietnam’s Markets Lag
Is Making a Comeback Its Sizzling Economy
BY BRIAN SWINT The shares are up 22% over the past BY CRAIG MELLOW he says, referring to fallen highflier China
three months, to €38.33. The average target Evergrande Group.

I V
n Europe, Zalando is trying to do for price among those collected by FactSet is ietnam’s economy is on fire. Vietnam’s normally placid politics are
fashion what Amazon.com did for €45.29, implying a nearly 20% upside. Gross domestic product growth roiled, too. A scandal involving alleged
books more than two decades ago— Thirteen analysts rate the shares the equiv- hit a 25-year high of 8% last year. price gouging on Covid test kits forced
crack the code for selling to the alent of Buy, seven have it as a Hold, and Foreign direct investment surged the resignation of business-friendly Pres-
masses online. one gives it an Underweight rating. to $22 billion, as multinational corpora- ident Nguyen Xuan Phuc in January.
Clothes can be a bit trickier than other Founded in 2008, Zalando had a crazy tions sought alternatives to China. Charges of “violations and wrongdoing”
goods to sell online. People still like to buy ride through the pandemic. Demand So why is the country’s stock market masked a reactionary power play by ag-
them in person because the feel, the fit, boomed during lockdowns, along with its barely flickering? Global emerging mar- ing Communist Party boss Nguyen Phu
and the small details matter so much. Re- share price. Things cooled off dramati- kets have rallied by 9% since Nov. 1. The Trong, says Jonathan Binder, chief invest-
turns from online purchases are more cally in 2022 as economies opened up to VanEck Vietnam exchange-traded fund ment officer at Consilium Investment
frequent, especially when you can’t try physical interactions. The shares climbed (ticker: VNM) did nothing. It’s down by Management.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

things on before you buy. as high as €100 in mid-2021 and fell as half from a peak in early 2022. The new president is a former Party
Zalando’s answer is to become the low as €20 last September. The culprits are usual suspects for propaganda chief who kicked off his term
go-to platform among consumers, retail- Last month, Zalando announced that it meltdowns in emerging markets, and not urging “steadfastness in creative develop-
ers, and fashion brands. Zalando (ticker: will be cutting jobs to keep a lid on costs. only emerging markets: overleveraged ment of Marxism, Leninism, and Ho Chi
ZAL. Germany) works with more than “Zalando’s 5% layoff plan, the first in its real estate and political shifts that may Minh thought.”
6,500 international brands in 25 Euro- history, is surprising, but outlines the not be in investors’ favor. “I see a parallel with China: Using
pean countries. Like Amazon, it shares group’s willingness to pivot from Vietnam’s Communist authorities are anticorruption as an excuse to consoli-
logistics with partners. It also offers its ‘growth-at-all-costs’ to profitability,” says less than transparent in assuaging capi- date power,” Binder says.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

own private-label clothes. Clement Genelot, an analyst at Bryan talists’ fears. “We’re not re-entering Viet- The good thing about market collapses
In fiscal 2024, “the online apparel Garnier in Paris, who rates the shares nam yet because the systemic fallout is that they can yield attractive prices for
market in Europe could once again grow Buy, with a price target of €50. “This wel- from the real estate bond crisis is still solid companies. Kukreja presents a shop-
faster than the physical stores market,” come shift is key to our investment case.” unknowable,” says Alison Graham, chief ping list of Vietnamese blue chips that
says Anne Critchlow, an analyst at So- The outlook for Zalando will depend investment officer at frontier markets offer great long-term value: Bank for
ciété Générale. “Moreover, we think Za- on European consumers. Just as in the specialist Voltan Capital Management. Foreign Trade of Vietnam (VCB.Viet-
lando could take online market share in U.S., shoppers are dealing with the worst Easy money and postpandemic boo- nam), Vietnam Dairy Products
the future, as it has in the past, helped by inflation in 40 years and higher energy merang spending stirred developers’ ani- (VNM.Vietnam), Ho Chi Minh City Beer
the breadth of its platform and free ship- costs. Consumer confidence plummeted mal spirits in Vietnam. The government, Alcohol Beverage (SAB.Vietnam), and IT
ping and returns proposition.” through most of 2022, but started to re- scarred by banking crises earlier this services champion FPT (FPT.Vietnam).
Zalando has the potential to build big- cover at the end of the year. century, limited bank lending. So build- “We still think Vietnam is very well placed
ger margins than competitors because it The worst-case scenario for winter— ers turned to the new alchemy of the for decades to come,” he says.
doesn’t attempt to undercut others on energy shortages and rolling blackouts bond market. Voltan’s Graham isn’t so sure. Indus-
prices. But it is “market-disruptive in its because of gas and oil supplies lost from Banks snapped up these bonds and trial investors in Vietnam face a welter of
breadth of choice, one-stop-shop conve- Russia after it invaded Ukraine—haven’t bundled them for retail investors, prom- infrastructure challenges China has al-
nience, and superior online service,” come to pass, and unemployment has ising double-digit returns instead of the ready solved: roads, ports, land acquisi-
Critchlow says. remained low. 3.5% or so they were paying on deposits. tion, electricity. “The basic Vietnam
Berlin-based Zalando, with a market The European Central Bank might be Sound familiar yet? growth story is intact, but without some
value of €10 billion ($10.6 billion), sells raising interest rates faster than the Fed- The first prick in the bubble came last of the hyperbole,” she says.
shoes, apparel and accessories. The com- eral Reserve now, but the Old World econ- October when authorities arrested the Another big risk factor: Domestic in-
pany fetches 60 times this year’s ex- omy has held up better than expected. chairwoman of go-go developer Van vestors, many of them novices, account
pected earnings and is valued at a 60% Zalando reported a 60% drop in earn- Thinh Phat Holdings Group on fraud for 90% of Vietnam’s stock trading, Gra-
premium to its peers. ings in 2022. But CEO Robert Gentz on charges. It won’t be the last, predicts Ab- ham says. Foreigners’ holdings are
Clement Genelot, an analyst at Bryan March 7 painted a bright picture for the hijit Kukreja, senior vice president of capped in the most sought-after compa-
Garnier in Paris, says that Zalando’s high future. The e-tailer expects to get to the emerging markets equities sales at Auer- nies. That would make the market vola-
price-to-earnings ratio is because of its top end of its 3% to 6% target profit-mar- bach Grayson. tile under any circumstances.
low margins and its willingness to rein- gin range by 2025 and sees double-digit “The bond market is frozen. Vietnam Vietnam’s transformation certainly
vest profit for growth. margins in the longer term. B will go through its Evergrande moment,” bears watching, carefully. B
 March 13, 2023 BARRON’S 37

I N S I DE SC OOP Original Filings POWER PLAY

Radius Global Infrastruc-

ture (RADI) The Next
Targets for
Magnetar Capital revealed a new
position in the communications

Keurig Dr Pepper Exec

site-leasing company with the pur-
chase of 5,494,610 Radius Global
shares from March 2 through
March 6. Magnetar purchased Activists
Buys $2.4 Million of Stock
those shares at prices ranging from
$14.47 to $14.59 each, resulting in
an initial 5.7% stake in Radius BY CARLETON ENGLISH

V
Global. Magnetar is likely making
an arbitrage play as on March 1, olatile markets are
Swedish private-equity firm EQT, tricky for investors
BY ED LIN the company’s president, CEO, and through EQT Active Core Infra- to navigate, but that

K
director, “due to violations of the com- structure, and the Public Sector doesn’t mean they
eurig Dr Pepper stock pany’s code of conduct.” He had as- Pension Investment Board an- lack opportunities—
is languishing so far this sumed the CEO post only that July. nounced a joint bid to acquire Ra- especially for activist
year, and Chief Financial Dokmecioglu’s predecessor, Bob Chief Financial dius Global for $15 per share in investors.
Officer Sudhanshu Priya- Gamgort, was reappointed CEO. Officer Sudhanshu cash. The deal is expected to close After a 19% drop in 2022, the
darshi is buying up shares Priyadarshi paid $2.4 million from Priyadarshi just in the third quarter of 2023 subject S&P 500 index is up about 1% so
of the beverage company. Feb. 27 through March 3 for a total paid $2.4 million to regulatory approval. far this year. Yet the broader mar-
Last year, Keurig Dr of 70,000 Keurig Dr Pepper shares, for Keurig Dr ket’s performance belies the tension
Pepper stock (ticker: KDP) was some- an average price of $34.73 each. Ac- Pepper stock. among sectors, and even within
thing of a haven as the market tum-
bled, slipping only 3.3% compared
cording to forms he filed with the
Securities and Exchange Commission,
He joined the
beverage giant in Decreases in sectors, as investors try to figure
out the best places to allocate capi-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

with a 19% drop in the S&P 500 in-

dex. But year to date in 2023, shares
are 3% in the red while the index has
Priyadarshi now owns 80,000 Keurig
Dr Peppers shares.
Keurig Dr Pepper didn’t respond
November 2022.
Holdings tal in a market convinced that a
recession is looming.
It’s the type of market that usu-
gained about 1%. to a request to make Priyadarshi avail- Herc Holdings (HRI) ally attracts activists. Indeed, this
Homebound workers snapped up able for comment on his stock buys. Icahn Capital cut its position in year we’ve seen activist hedge
the company’s Keurig coffee machines His last open-market purchase was the equipment-rental company by funds choose big targets such as
and compatible K-Cup pods during on Jan. 18, when Priyadarshi paid nearly 21% to 1,669,779 shares. Walt Disney (ticker: DIS) and
the depths of the pandemic. Truist $350,000 for 10,000 shares, an aver- Icahn sold 434,696 Herc shares Salesforce (CRM), to some early
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

downgraded the stock in late October, age price of $35 each. Sudhanshu from Feb. 27 through March 7 at success. Trian Partners backed
wary of the outlook for Keurig Dr joined the company in November 2022 prices ranging from $141.82 to down from a threatened proxy
Pepper’s coffee business. In Novem- from outdoor sports and recreation $145.34 apiece. This followed fight at Disney after the company
ber, Ozan Dokmecioglu resigned as company Vista Outdoor (VSTO). B Icahn’s earlier sales of almost agreed to cost-cutting measures,
491,500 Herc shares in late Febru- and Salesforce delivered a blowout
ary at similar prices. Icahn now quarter while carrying on its back
holds 5.7%% of Herc’s tradable at least five activists pushing for
stock. changes.

Activist Holdings revealed on Jan. 31 that it would pur-

sue an offer and with this month’s
joint bid followed through on that
Hillman Solutions (HLMN)
CCMP Capital more than halved
And there are even more entic-
ing opportunities that may lure
additional cage rattlers, according
Qualtrics International intent. Silver Lake and Qualtrics en- its interest in the hardware-prod- to Wolfe Research. Each month,
(XM) tered an exclusivity agreement on These disclosures are ucts supplier to 22,455,000 shares. the research firm screens compa-
from 13Ds filed with
Silver Lake announced on March March 5 that calls for Qualtrics to the Securities and CCMP sold 28,750,000 Hillman nies to find ones that have under-
3 that it along with affiliates of the “negotiate exclusively with Silver Exchange Commission. Solutions shares through a second- performed either the S&P 500 or
13Ds are filed within
Canada Pension Plan Investment Lake” until 5:59 p.m. Eastern time on 10 days of an entity’s
ary offering that priced shares at $8 their own sector while also experi-
Board will offer $18.15 per share in March 15. Presumably, if an agreement attaining more than each and closed on March 3. CCMP encing weaker margins. This
cash to take the experience-man- isn’t reached with Silver Lake by then, 5% in any class of a now holds 11.5% of Hillman’s out- month, 11 new names were added
company’s securities.
agement company private. Qual- Qualtrics can entertain other offers. Subsequent changes standing stock. On Nov. 7, CCMP to Wolfe Research’s screen, includ-
trics’ controlling shareholder SAP Silver Lake owns 14.9% of Qualtrics’ in holdings or inten- sold 8.4 million Hillman shares ing eBay (EBAY), Whirlpool
(SAP) disclosed in late January that outstanding class A shares. When tions must be re- priced at $7.13 each. In late Febru- (WHR), Constellation Brands
ported in amended
it was exploring the sale of its Qual- accounting for SAP’s class B shares, filings. This material is ary, Raymond James analyst Sam J. (STZ), and Kellogg (K).
trics stake, almost 423.2 million Silver Lake’s overall Qualtrics interest from March 2 through Darkatsh saw “favorable risk/re- While appearing on a screen is
March 8, 2023.
supervoting class B shares, or 73% stands at slightly more than 4%. Class Source: VerityData
ward for patient investors” in Hill- no guarantee that an activist will
of the company. Silver Lake, which B shares carry 10 votes each, while (verityplat- man stock after the company’s approach, a screen can be a useful
holds 24,987,839 class A shares, class A shares carry one vote each. form.com) fourth-quarter report. tool for sussing out investment
opportunities—possibly even
before an activist boost. B
 38 BARRON’S March 13, 2023

T H E ST RIKING PRIC E
The money investors lose in trading spreads could
vary from a small amount to thousands of dollars,
depending on the size of the trade.

How to Lower Your Equity Options

CBOE Volatility Index The Equity-Only Put-Call Ratio

Options Trading Fees VIX Close VIX Futures

37
Put-Call Ratio S&P 500 Index
310

250
30

BY STEVEN M. SEARS “Having to pay this spread is a substan- 190

tial tax on option investors,” he says.

T
he stock and options markets Think of displayed prices as the financial 23
are where smart people take equivalent of an advertisement. Always try 130
money from dumb people. to get the best price.
One of the easiest ways to do Brokers use sophisticated technologies— 16 70
that is in the bid/ask spread, which is part and order-flow relationships with dealers— A M J J A S O N D J F M A M J J A S O N D J F M
of every security trade. to minimize the bid/ask tax. But investors Daily Values Source: CBOE Source: McMillan Analysis Corp.
Almost no one pays attention to should do more than rely on best-execution
spreads—the prices at which dealers sell technologies that their brokers use to try to
and buy securities—except for professional fill customer orders at the best price. SPX Skew NDX Skew
investors, sophisticated amateurs, and Here’s how: Try to avoid paying the bid Implied volatility % Implied volatility %
regulators. Even fewer people discuss or ask on securities that are more than a 14% 12%
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

them, which is perhaps the strongest rea- penny wide. Focus on trading at prices that 13 11
son that you should become better ac- are as close to the middle of the bid/ask
12
quainted with the subject. spread as possible. 10
If you don’t, you are essentially giving Imagine that call X is bid at $1 and of- 11
9
money to dealers and more sophisticated fered at $1.10. The midmarket price is $1.05. 10
investors. The amount could vary from Dealers think of the midmarket price as 8
9
a small amount to thousands of dollars, representing the fair value of the option. 7
8
depending on the size of the trade. They want you to trade at higher prices, so
6
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

7
Recent fears of systemic risk in the bank- they can rake in more money.
ing sector have widened many spreads, Having a plan to contend with spreads 6 5
reflecting the concern that investors have is only part of the strategy. The other crit- A M J J A S O N D J F M A M J J A S O N D J F M
about the stability of some banks amid ris- ical step is using limit orders—which let Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy

ing interest rates and economic uncertainty. investors specify the prices at which they Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference between the implied
volatility of puts and calls that are 10% out of the money and expire in three months. Higher readings are bearish.
First, let’s define our terms. All securities want to buy or sell—and avoiding market
have a bid and ask price that is set by deal- orders, which give dealers control of
ers who make markets. those prices. Week’s Most Active
The most actively traded options—such To sell the call at the best possible price Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio

as those on popular stocks and exchange- in the above example, enter a limit order for Kimball International KBAL 21154 3734 17420 88 6 240.4
Membership Collective MCG 13901 13286 615 228 86 61.0
traded funds—almost always have penny- a portion of the total trade at $1.04. If you Arlo Technologies ARLO 18148 9964 8184 388 7 46.8
wide spreads. This means that call X can be want to buy at the best price, enter the limit Diversey DSEY 2772 1176 1596 64 89 43.3
sold for, say, 99 cents or bought for $1. The order at $1.06. You can try to trade at $1.05, Bank OZK OZK 66832 1889 64943 2532 79 26.4
Zynex ZYXI 12694 268 12426 488 96 26.0
tightness of the market reflects many fac- but the dealers are likely to move prices Embark Technology EMBK 14780 2041 12739 632 60 23.4
tors, including the ease with which dealers around to avoid trading at fair value. BridgeBio Pharma BBIO 70987 39874 31113 3320 32 21.4
can hedge risk, implied volatility, and trad- “Try to figure out where the real market thredUP TDUP 10967 9940 1027 544 83 20.2
SVB Financial SIVB 82078 40419 41659 4824 100 17.0
ing volumes. is,” says JJ Kinahan, the CEO of IG North
WW International WW 173813 143188 30625 10408 99 16.7
Beyond the top 100 or so most popular America, which owns Tastytrade, a broker- Maxeon Solar Technologies MAXN 47754 27044 20710 3300 50 14.5
options and stocks, spreads widen. A call age firm. “Start with fair value and see what Vivid Seats SEAT 8551 1927 6624 616 15 13.9

or put could trade at $1 to $1.10, or worse. happens if you don’t get filled. Go up and Squarespace SQSP 12052 9951 2101 872 10 13.8
Regional Bank SPDR KRE 811376 194524 616852 60864 90 13.3
Consider a call option that has a $100 down. Start with one contract and go up a Cara Therapeutics CARA 8979 8214 765 688 37 13.1
strike price on a stock that is trading just penny if you’re trying to buy.” B Seritage Growth Properties SRG 73364 34112 39252 6356 5 11.5
above $100 with a minute left until expira- united Natural Foods UNFI 14424 7761 6663 1472 1 9.8
Vistra VST 66842 51330 15512 7012 21 9.5
tion. The bid/offer spread on the option is Steven M. Sears is the president and chief oper-
Icahn Enterprises IEP 40667 30466 10201 4864 0 8.4
required to be at least as great as that on the ating officer of Options Solutions, a specialized
underlying stock, even though the value of asset-management firm. Neither he nor the firm This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the unusually heavy trading in these options might be a predictor of
corporate activity – takeovers, earnings surprises, earnings pre-announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
the option is much less, says Thomas Pe- has a position in the options or underlying securi- short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to their usual pricing levels. Furthermore, many of these
situations may be rumor-driven. Most rumors do not prove to be true, so one should be aware of these increased risks if trading in these names
terffy, chairman of Interactive Brokers. ties mentioned in this column. Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100. Source: McMillan Analysis
 March 13, 2023 BARRON’S 39

COMMODITIES
KNOW THE RISKS.
Platinum’s Popularity PROCEED WITH
Will Lead to Higher Prices BOLDNESS.
DA ILY
BY MYRA P. SAEFONG 2023, he says, and some market commen- T EC H NOL O G Y
tators are talking about as much as 1.5

T
he platinum market is expected to million ounces next year.
tighten this year, with supply On March 8, the platinum futures con-
challenges and a pickup in de- tract settled at $940.60 an ounce, while
mand leading to a supply deficit palladium ended at $1,362.10, its lowest
for the first time in three years. That will since June 2019. In the past 12 months,
boost prospects of a rise in prices. platinum has fallen 18%, but still has out-
Platinum is now more widely substi- performed palladium, which dropped
tuted than previously for palladium in 54%. Palladium was “badly hit” by an
gasoline-powered vehicles’ emission-con- anemic auto sector, and demand hasn’t
trol catalytic converters, says Jeff Klear- recovered since the pandemic, says Nikos
man, portfolio manager at GraniteShares, Kavalis, managing director at Metals Fo-
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

which runs the GraniteShares Platinum cus. He says that substitution from palla-
Trust (ticker: PLTM). Platinum is also dium to platinum and a rise in battery-
essential for environmentally-friendly
hydrogen fuel-cell powered vehicles.
powered vehicles contributed to
palladium’s steeper decline.
DAILY 3X LEVERAGED TECL TECS
The global platinum market is forecast Platinum also has been helped by ETFs FROM DIREXION Daily Daily
to see a 556,000-ounce shortfall this year, growing demand from heavy-duty truck Technology Technology
after supply surpluses in 2022 and 2021, and bus makers, as emissions standards
according to a quarterly report from the in Asian markets tighten, says Kavalis. He
Call 877-437-9363 BULL BEAR
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

World Platinum Investment Council expects both platinum and palladium to or go to direxion.com
(WPIC) released on March 8. see supply deficits this year, due to lim- 3X S H A R E S 3XSHARES
Supply is forecast to come up short, with ited growth in output and a recovery in
total global demand from the automotive, automotive demand.
jewelry, industrial, and investment sectors In addition, investment demand for
expected to be 24% above 2022’s level, and platinum might improve this year, with
total supply from mining and recycling fore- physical bar and coin demand expected to
cast to rise by just 3%, the report says. double, and the outflow of platinum ex- An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing.
A Fund’s prospectus and summary prospectus contain this and other information about the Direxion Shares. To
There are likely bigger risks to supply change-traded fund holdings likely to slow,
obtain a Fund’s prospectus and summary prospectus call 866-476-7523 or visit our website at www.direxion.com.
than demand, with power shortages in according to the World Platinum Invest- A Fund’s prospectus and summary prospectus should be read carefully before investing.
South Africa hitting mine production, and ment Council
the potential effect of sanctions, which re- The physically backed GraniteShares Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than
alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying
strict importation of mining technologies, on Platinum Trust’s net asset value gained index over periods longer than one day. They are not suitable for all investors and should be utilized only by
Russian output, says Edward Sterck, direc- 10.2% in 2022. This year, as of March 6, it’s sophisticated investors who understand leverage risk and who actively manage their investments.
tor of research at the WPIC. down 9.5%, according to Klearman. How-
Direxion Shares Risks – An investment in each Fund involves risk, including the possible loss of principal. Each Fund is
The rise in demand, meanwhile, comes ever, he believes that platinum prices could
non-diversified and includes risks associated with the Funds’ concentrating their investments in a particular industry,
partly from an increase in substitution of move higher, due to a “resilient U.S. econ- sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts
cheaper platinum for more expensive palla- omy and job market, and expectations of and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of each Fund include
dium in catalytic converters for gasoline- increased Chinese economic activity.” Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk,
powered vehicles, says Sterck. Compared Demand for platinum as a catalyst for Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the Technology
Sector. The value of stocks of information technology companies and companies that rely heavily on technology is
with last year, WPIC forecasts automotive generating electricity from hydrogen fuel particularly vulnerable to rapid changes in technology product cycles. Additional risks include, for the Direxion Daily
demand for platinum to rise by 10%. cells is also expected to climb. Sterck says Technology Bull 3X Shares, Daily Index Correlation Risk, and for the Direxion Daily Technology Bear 3X Shares, Daily
“There could be downside risk to de- that the WPIC believes that total demand Inverse Index Correlation Risk, and risks related to Shorting and Cash Transactions. Please see the summary and full
mand for new vehicles this year, but for platinum for the hydrogen economy prospectuses for a more complete description of these and other risks of each Fund.
…there’s probably upside potential for will become “really meaningful over the Distributor: Foreside Funds Services, LLC
substitution,” Sterck says. Projections medium to longer term.” It’s a fairly small
include an estimated 540,000 ounces in part of the overall supply and demand
substitution demand for platinum in picture, but it is “growing rapidly.” B
 40 BARRON’S March 13, 2023

CHARTING THE MARKET

A graphic look at selected stock activity
for the week ended March 10, 2023
Edited by Bill Alpert

SVB Financial Silvergate Capital Signature Bank General Electric

SIVB (NASD) • $106.04 • -178.37 SI (NYSE) • $2.52 • -3.25 SBNY (NASD) • $70.00 • -43.70 GE (NYSE) • $91.00 • 4.62
Silicon Valley’s venture capital-oriented bank was The crypto banker will wind down and return all As rival crypto lender Silvergate announced liqui- At an investor event Thursday, the company
seized by regulators, after losing $2 billion on bond deposits after a run forced asset sales. Customers dation plans, investors worried about Signature, showed new jet-engine technology and predicted its
sales forced by a decline in deposits. fled amid the cryptocurrency meltdown. which says its financial position is “strong.” power-generation business would turn profitable.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

630 167 331 96
524 134 277 86
418 101 223 76
312 68 169 66
206 35 115 56
100 2 61 46

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

42 170 36 72
21 85 18 36
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

Charles Schwab Snap Allbirds DocuSign

SCHW (NYSE) • $58.70 • -18.71 SNAP (NYSE) • $10.34 • -0.31 BIRD (NASD) • $1.25 • -1.81 DOCU (NASD) • $49.69 • -15.40
Rising rates and a seesawing stock market have The social media platform’s stock soared, as Con- December-quarter sales fell 13% at the shoemaker, Although January-quarter revenue rose 14%, to
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

caused the broker’s clients to “sort cash” by shifting gress mulls blocking rival platform TikTok over data- which predicted a steeper fall this quarter. Decem- $660 million, earnings of 65 cents a share disap-
from banks and stocks to money-market funds. security concerns due to its Chinese ownership. ber’s loss of 17 cents a share exceeded forecasts. pointed investors in the electronic signature service.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

97 62 11 224
89 51 9 187
81 40 7 150
73 29 5 113
65 18 3 76
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

57 7 1 39

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

148 640 30 72
74 320 15 36
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

Sea Ltd. WW International United Natural Foods DexCom

SE (NYSE) • $73.45 • 7.78 WW (NASD) • $4.29 • 0.04 UNFI (NYSE) • $27.71 • -14.92 DXCM (NASD) • $107.77 • -15.15
Analysts forecast a December-quarter loss for the The WeightWatchers parent recognized the arrival January-quarter earnings fell 43%, to 78 cents a The glucose monitor maker’s rival, Abbott, got ap-
Singapore e-commerce and streaming platform. It of new, effective weight-loss drugs by acquiring share, as the natural foods distributor grew sales proval to pair its less-expensive products with insu-
made 72 cents a share on $3 billion in revenue. the telehealth service Sequence for $100 million. 5% but chopped earnings guidance by 28%. lin pumps, a market Dexcom had had to itself.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

265 23 51 136
220 19 46 122
175 15 41 108
130 11 36 94
85 7 31 80
40 3 26 66

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

90 134 12 36
45 67 6 18
0 0 0 0
M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M M A M J J A S O N D J F M

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than
that time period. If the close from the current week is lower than a year ago the graph will be presented in red. If the close from the current week is higher than a year ago then the graph will be presented in green.
 March 13, 2023 BARRON’S 41

W I N N E R S & LO S E R S
Saturday Inbox: Sign up for the
Market Lab Newsletter every Saturday
at Barrons.com/newsletters

NYSE Biggest % Movers NYSE Most Active NYSE American Most Active Nasdaq Most Active
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
Azul(AZUL) 85037 7.27 +3.11 +74.8 GSquaredIIA(GSQB) 893 748.9 10.31 +0.04 FriedmanInds(FRD) 440 253.3 12.50 +0.01 Diversey(DSEY) 107855 4984.5 8.11 +1.77
AmbrxBio(AMAM) 75861 9.69 +3.26 +50.7 KimbellTigerA(TGR) 2080 732.5 10.51 +0.04 inTEST(INTT) 623 190.6 15.98 +1.71 KimballIntl B(KBAL) 16649 2512.0 12.58 +5.68
ArloTech(ARLO) 28171 5.61 +1.88 +50.4 FirstRepBank(FRC) 65843 708.2 81.76 –41.46 GencorInds(GENC) 275 175.6 14.88 +0.43 PerceptionCapII(PCCT) 479 1312.0 10.55 0.00
GOL Linhas(GOL) 22105 2.81 +0.75 +36.4 ProofAcqnIA(PACI) 1155 698.9 10.39 +0.07 FirstLightAcqnA(FLAG) 153 96.6 10.26 0.00 InceptionGrowth(IGTA) 3942 1180.6 10.26 –0.03
SoloBrands(DTC) 8189 5.49 +1.33 +32.0 ChurchillCapV A(CCV) 10507 658.3 11.00 +0.97 BlueRidgeBkshs(BRBS) 220 90.6 11.48 –0.62 VMGConsumerA(VMGA) 2103 1015.7 10.30 0.00
Holley(HLLY) 12729 2.96 +0.63 +27.0 WestAllianceBcp(WAL) 30632 555.3 49.34 –26.30 CentrusEnergy(LEU) 1197 86.4 38.09 –4.62 SVB Fin(SIVB) 52440 1015.4 106.04 –178.37
Cazoo(CZOO) 5711 2.62 +0.48 +22.4 ClearwaterAnalytic(CWAN) 13577 547.8 13.66 –3.03 TompkinsFin(TMP) 333 65.0 71.64 –2.92 LibertyBraves A(BATRA) 2310 914.4 32.76 –2.09
Crawford A(CRD.A) 345 6.90 +1.19 +20.8 SpiritAirlines(SAVE) 31293 512.6 16.93 –1.00 Southland(SLND) 1285 61.4 8.68 +0.60 SignalHillA(SGHL) 660 862.9 10.35 +0.02
KnightSwanA(KNSW) 773 510.1 10.38 +0.02 IvanhoeElectric(IE) 2251 59.3 12.85 –2.98 IntuitiveMachinesA(LUNR) 27674 828.7 15.67 –0.61
Losers AtlUnionBkshs(AUB) 7169 453.7 36.16 –1.05 EnergyFuels(UUUU) 13208 58.6 5.52 –1.15 InvestcorpEur I A(IVCB) 3785 808.1 10.41 –0.01
Name (Sym) Volume Close Change %Chg.
GenAsia I A(GAQ) 1621 441.9 10.30 +0.06 AltisourceAsset(AAMC) 85 58.0 59.86 +6.66 BridgeBioPharma(BBIO) 65499 794.3 14.06 +3.19
SilvergateCapital(SI) 169733 2.52 –3.25 –56.3 ParkAerospace(PKE) 2220 434.2 13.60 –3.16 AcmeUnited(ACU) 57 52.3 24.90 –0.65 SMXSecurityMatters(SMX) 3328 792.7 4.07 –5.34
NineEnergy(NINE) 6982 6.86 –3.72 –35.2 C5AcqnA(CXAC) 1630 419.6 10.37 +0.02 Electromed(ELMD) 94 48.8 11.20 –1.80 IXAcqnA(IXAQ) 3049 780.2 10.27 0.00
UnitedNatFoods(UNFI) 10360 27.71 –14.92 –35.0 DirectSellingA(DSAQ) 2069 398.0 10.45 –0.01 Envela(ELA) 272 44.7 8.00 +0.42 AclarisTherap(ACRS) 24173 716.2 7.89 –4.89
WestAllianceBcp(WAL) 30632 49.34 –26.30 –34.8 HNI(HNI) 4293 395.4 28.06 –4.19 AmbiparEmergency(AMBI) 507 42.9 7.91 –9.66 Nyxoah(NYXH) 592 713.6 5.26 +0.14
FirstRepBank(FRC) 65843 81.76 –41.46 –33.6 LiveOakCrestA(LOCC) 296 382.3 10.11 +0.03 BluerockHomes(BHM) 171 40.3 18.51 –2.51 PacWestBancorp(PACW) 53607 691.0 12.35 –15.29
BigBear.ai(BBAI) 34865 2.17 –1.01 –31.8 RitchieBros(RBA) 38650 377.3 56.14 –2.90 CoreMoldingTech(CMT) 268 39.2 15.30 –2.04 CleanEarthA(CLIN) 1404 666.8 10.25 +0.04
Atento(ATTO) 179 1.95 –0.80 –29.1 KennedyWilson(KW) 13515 355.5 16.89 +0.17 NatlHealthcare(NHC) 349 25.4 53.02 –2.03 Ent4.0TechAcqnA(ENTF) 3413 665.6 10.42 +0.01
ValensSemicon(VLN) 2608 3.42 –1.35 –28.3 UnitedNatFoods(UNFI) 10360 331.9 27.71 –14.92 ParkNational(PRK) 341 24.2 121.17 –6.54 AnthemisDigA(ADAL) 4742 656.9 10.42 +0.01
BlackMountainA(BMAC) 1921 328.9 10.36 +0.02 MAG Silver(MAG) 3111 22.5 11.04 –1.29 Stagwell(STGW) 16882 652.2 6.60 –1.38

NYSE American Biggest % Movers By Share Volume By Share Volume By Share Volume
Winners Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg.
Name (Sym) Volume Close Change %Chg. BankofAmerica(BAC) 406537 30.27 –3.89 –11.4 GeniusGroup(GNS) 55136 3.41 –0.22 –6.1 Tesla(TSLA) 788689 173.44 –24.35 –12.3
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

AltisourceAsset(AAMC) 85 59.86 +6.66 +12.5 FordMotor(F) 282638 12.10 –0.98 –7.5 Tellurian(TELL) 53040 1.23 –0.33 –21.2 AdvMicroDevices(AMD) 344693 82.67 +1.15 +1.4
inTEST(INTT) 623 15.98 +1.71 +12.0 Snap(SNAP) 235547 10.34 –0.31 –2.9 UraniumEner(UEC) 44049 3.21 –0.53 –14.2 Rivian(RIVN) 320035 14.16 –2.76 –16.3
Southland(SLND) 1285 8.68 +0.60 +7.4 NIO(NIO) 215463 8.51 –1.06 –11.1 B2Gold(BTG) 37793 3.34 –0.24 –6.7 Apple(AAPL) 313006 148.50 –2.53 –1.7
Envela(ELA) 272 8.00 +0.42 +5.5 LumenTech(LUMN) 199410 2.68 –0.49 –15.5 AultAlliance(AULT) 32500 0.09 –0.04 –29.7 Amazon.com(AMZN) 271950 90.73 –4.17 –4.4
GrupoSimec(SIM) 2 35.73 +1.67 +4.9 Carnival(CCL) 170686 9.69 –1.42 –12.8 DenisonMines(DNN) 32416 1.07 –0.21 –16.4 BedBath(BBBY) 259660 1.34 –0.15 –10.1
EmpirePetrol(EP) 92 12.81 +0.55 +4.5 SilvergateCapital(SI) 169733 2.52 –3.25 –56.3 Zomedica(ZOM) 20780 0.23 –0.03 –9.8 NVIDIA(NVDA) 244135 229.65 –9.25 –3.9
Zedge(ZDGE) 164 2.86 +0.10 +3.6 SouthwesternEner(SWN) 168889 4.94 –0.73 –12.9 GranTierraEner(GTE) 19855 0.83 –0.04 –5.1 Intel(INTC) 237107 27.22 +0.82 +3.1
TimberPharm(TMBR) 843 2.79 +0.09 +3.3 PalantirTech(PLTR) 164663 7.35 –0.98 –11.8 Globalstar(GSAT) 19642 1.16 –0.09 –7.2 FaradayFuture(FFIE) 208795 0.47 –0.10 –17.6
SchwabC(SCHW) 147671 58.70 –18.71 –24.2 RingEnergy(REI) 15930 1.96 –0.34 –14.8 SoFiTech(SOFI) 185188 5.58 –1.14 –17.0
Losers ItauUnibanco(ITUB) 142462 4.56 –0.04 –0.9 NewGold(NGD) 13254 0.88 –0.05 –5.6 Alphabet A(GOOGL) 159227 90.63 –3.02 –3.2
Name (Sym) Volume Close Change %Chg.
WellsFargo(WFC) 141682 41.36 –5.49 –11.7 EnergyFuels(UUUU) 13208 5.52 –1.15 –17.2 ContextLogic(WISH) 148944 0.41 –0.09 –18.4
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

AmbiparEmergency(AMBI) 507 7.91 –9.66 –55.0 AT&T(T) 140242 18.43 –0.38 –2.0 Senseonics(SENS) 12678 0.89 –0.16 –14.8 Canoo(GOEV) 146028 0.58 –0.16 –21.6
ArmataPharm(ARMP) 325 1.97 –0.79 –28.6 NuHoldings(NU) 128594 4.49 –0.19 –4.1 Comstock(LODE) 12100 0.30 –0.01 –3.8 MetaPlatforms(META) 141202 179.51 –5.74 –3.1
ArenaGroup(AREN) 169 5.15 –1.93 –27.3 C3.ai(AI) 127436 21.27 –7.21 –25.3 iBio(IBIO) 11706 1.88 +0.27 +16.8 Alphabet C(GOOG) 134948 91.01 –3.01 –3.2
NovaBayPharm(NBY) 90 1.63 –0.60 –26.9 Vale(VALE) 125890 16.20 –0.91 –5.3 CheniereEnergy(LNG) 10720 154.23 –10.15 –6.2 WW Intl(WW) 133052 4.29 +0.04 +0.9
SifcoInd(SIF) 84 2.28 –0.73 –24.3 Uber(UBER) 120775 31.11 –3.46 –10.0 i-80Gold(IAUX) 9088 2.07 –0.29 –12.3 OpendoorTech(OPEN) 124103 1.19 –0.34 –22.2
RaMedicalSys(RMED) 1126 1.64 –0.49 –23.0 Verizon(VZ) 117356 36.68 –1.58 –4.1 EquinoxGold(EQX) 8108 3.61 –0.28 –7.2 Microsoft(MSFT) 117877 248.59 –6.70 –2.6
StandardLithium(SLI) 3496 3.41 –1.00 –22.7 GinkgoBioworks(DNA) 116845 1.24 –0.15 –10.8 ProtalixBio(PLX) 8088 1.85 –0.20 –9.8 SiriusXM(SIRI) 115398 3.67 –0.58 –13.6
Cel-Sci(CVM) 1415 2.36 –0.60 –20.3 Citigroup(C) 115715 48.34 –4.01 –7.7 Cybin(CYBN) 7170 0.41 –0.05 –10.8 HuntingtonBcshs(HBAN) 111737 13.37 –1.85 –12.2

Nasdaq Biggest % Movers By Dollar Volume By Dollar Volume

Name (Sym) $ Volume Close Change %Chg.
By Dollar Volume
Name (Sym) $ Volume Close Change %Chg.
Name (Sym) $ Volume Close Change %Chg.
Winners CheniereEnergy(LNG) 1661487 154.23 –10.15 –6.2 Tesla(TSLA) 143645358 173.44 –24.35 –12.3
JPMorganChase(JPM) 12665982 133.65 –10.01 –7.0
Name (Sym) Volume Close Change %Chg.
BankofAmerica(BAC) 12597104 30.27 –3.89 –11.4 GeniusGroup(GNS) 222041 3.41 –0.22 –6.1 NVIDIA(NVDA) 57682798 229.65 –9.25 –3.9
KimballIntl B(KBAL) 16649 12.58 +5.68 +82.3 UraniumEner(UEC) 148822 3.21 –0.53 –14.2 Apple(AAPL) 47557542 148.50 –2.53 –1.7
BerkHathwy A(BRK.A) 11043800460462.00–12794.10 –2.7
ProtagonistTherap(PTGX) 35806 25.00 +9.29 +59.1 B2Gold(BTG) 126998 3.34 –0.24 –6.7 Microsoft(MSFT) 29728123 248.59 –6.70 –2.6
SchwabC(SCHW) 9617430 58.70 –18.71 –24.2
Immuneering(IMRX) 307 7.53 +2.44 +47.9 ImperialOil(IMO) 100519 50.14 –1.47 –2.8 AdvMicroDevices(AMD) 28680180 82.67 +1.15 +1.4
Salesforce(CRM) 8657563 173.18 –13.25 –7.1
MaxeonSolar(MAXN) 17545 27.37 +8.65 +46.2 EnergyFuels(UUUU) 78221 5.52 –1.15 –17.2 MetaPlatforms(META) 25513643 179.51 –5.74 –3.1
Alibaba(BABA) 7623255 82.96 –6.74 –7.5
SportsMapTech(SMAP) 6 13.45 +3.09 +29.8 Tellurian(TELL) 72935 1.23 –0.33 –21.2 Amazon.com(AMZN) 25079462 90.73 –4.17 –4.4
ExxonMobil(XOM) 7540740 107.78 –5.03 –4.5
BridgeBioPharma(BBIO) 65499 14.06 +3.19 +29.3 CheniereEnerPtrs(CQP) 52677 48.13 –1.25 –2.5 Alphabet A(GOOGL) 14780862 90.63 –3.02 –3.2
UnitedHealth(UNH) 7270825 460.33 –18.23 –3.8
Diversey(DSEY) 107855 8.11 +1.77 +27.9 CentrusEnergy(LEU) 48909 38.09 –4.62 –10.8 Alphabet C(GOOG) 12550267 91.01 –3.01 –3.2
Sea(SE) 6780439 73.45 +7.78 +11.8
SophiaGenetics(SOPH) 1621 3.46 +0.69 +24.9 ParkNational(PRK) 41689 121.17 –6.54 –5.1 Netflix(NFLX) 8200962 292.76 –22.42 –7.1
BerkHathwy B(BRK.B) 6328290 303.63 –8.82 –2.8
Losers HomeDepot(HD) 6077063 286.31 –12.14 –4.1 DenisonMines(DNN) 36954 1.07 –0.21 –16.4 CrowdStrike(CRWD) 7274556 119.72 –6.32 –5.0
Name (Sym) Volume Close Change %Chg. Merck(MRK) 6067594 107.69 +0.81 +0.8 MAG Silver(MAG) 35419 11.04 –1.29 –10.5 Broadcom(AVGO) 7092360 614.83 –17.93 –2.8
WellsFargo(WFC) 6052525 41.36 –5.49 –11.7 IvanhoeElectric(IE) 32974 12.85 –2.98 –18.8 Intel(INTC) 6229913 27.22 +0.82 +3.1
CarismaTherap(CARM) 1714 3.25 –9.09 –73.7
GeneralElec(GE) 6020228 91.00 +4.62 +5.3 RingEnergy(REI) 32639 1.96 –0.34 –14.8 CoinbaseGlbl(COIN) 5872591 53.44 –11.07 –17.2
SVB Fin(SIVB) 52440 106.04 –178.37 –62.7
Citigroup(C) 5783765 48.34 –4.01 –7.7 EquinoxGold(EQX) 29071 3.61 –0.28 –7.2 SVB Fin(SIVB) 5515266 106.04 –178.37 –62.7
Allbirds(BIRD) 29715 1.25 –1.81 –59.2
Visa(V) 5773315 216.14 –7.63 –3.4 SilverCrestMetals(SILV) 28906 5.52 –0.10 –1.8 Adobe(ADBE) 5374095 329.30 –14.74 –4.3
SMXSecurityMatters(SMX) 3328 4.07 –5.34 –56.7
J&J(JNJ) 5756552 151.61 –2.41 –1.6 TompkinsFin(TMP) 24049 71.64 –2.92 –3.9 Costco(COST) 5306578 471.14 –4.12 –0.9
PacWestBancorp(PACW) 53607 12.35 –15.29 –55.3
Chevron(CVX) 5571268 159.67 –5.29 –3.2 Globalstar(GSAT) 22888 1.16 –0.09 –7.2 Rivian(RIVN) 4789269 14.16 –2.76 –16.3
MeihuaIntlMed(MHUA) 161 15.12 –16.84 –52.7
FirstRepBank(FRC) 5541305 81.76 –41.46 –33.6 Seaboard(SEB) 22798 3758.58 –115.21 –3.0 PayPal(PYPL) 4494162 73.43 –2.86 –3.7
CaraTherap(CARA) 10972 6.06 –4.22 –41.1
Boeing(BA) 5532008 203.07 –12.04 –5.6 iBio(IBIO) 22594 1.88 +0.27 +16.8 MongoDB(MDB) 4397013 194.08 –24.98 –11.4
Neuronetics(STIM) 3702 3.17 –2.10 –39.8

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer than 5,000 shares or priced under $5.
Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
 42 BARRON’S March 13, 2023

RE SEARCH REPORTS
For a look back at more analyst
research and reports, go online to
Barrons.com/researchreports

How Analysts Size

Up Companies
Sysco Dover Insider Transactions
SYY-NYSE DOV-NYSE
Purchases Sales
These reports, Buy • Price $74.84 on March 8 Sector Perform • Price $152.47 on March 8 $ Val $ Val
excerpted and Company Symbol Insiders Shares (000's) Company Symbol Insiders Shares (000's)
by BofA Securities by RBC Capital Markets
Figs FIGS 1 790,000 4,979 Liberty Media FWONK 2 427,150 31,925
edited by Barron’s, Grocery Outlet GO 1 111,375 3,038 Hims & Hers Health HIMS 5 2,915,234 31,850
were issued recently Cassava Sciences SAVA 1 88,841 2,293 Duolingo DUOL 7 258,047 30,531
Montrose Environmental MEG 3 33,636 1,217 Reata Pharmaceuticals RETA 8 310,075 26,839
by investment and Iheartmedia IHRT 4 207,536 1,149 Roblox RBLX 2 658,334 25,110
research firms. The We are reinstating coverage of Sysco Dover [an industrial equipment and Domino'S Pizza
Keurig Dr Pepper
DPZ
KDP
1
2
3,333
26,500
1,012
915
Draftkings
Abbvie
DKNG
ABBV
2
5
1,116,979
124,211
21,215
19,104
reports are a with a $90 price objective, based on 18 services company] hosted a meeting on B Riley Financial
Bluerock Homes Trust
RILY
BHM
1
1
19,000
37,459
770
760
Evolent Health
Progyny
EVH
PGNY
2
2
485,650
420,579
16,819
15,370
sampling of analysts’ times our estimated FY25 adjusted March 8 at its Colder Products facility Nextera Energy NEE 1 10,000 700 Morningstar MORN 1 72,668 15,135
Franklin Street Properties FSP 2 300,000 673 Freshworks FRSH 3 1,014,992 15,098
thinking; they should Obseva Sa OBSV 1 4,000,000 552 Elf Beauty ELF 4 180,229 13,149
not be considered
EPS. In our view, Sysco [a food-service outside Minneapolis. It reaffirmed its Black Stone Minerals Lp BSM 1 34,250 543 Visa V 1 58,000 12,991
Applied Digital APLD 1 150,000 480 Paylocity PCTY 1 67,311 12,927
the views or company] is poised for market-share 2023 guidance and said that 1Q23 was Pennant PNTG 1 30,000 450 Cooper Companies COO 1 37,510 12,668
Healthpeak Op Llc PEAK 1 16,300 385 Hess HES 7 88,932 12,423
recommendations of gains, margin recovery, and EPS tracking to plan. All five of its business Thoughtworks TWKS 2 49,500 378 Churchill Downs CHDN 1 49,727 12,202
Texas Capital Bancshares TCBI 1 5,000 326 Lantheus LNTH 6 164,192 11,953
Barron’s. Some of growth at an 11% compound annual segments are targeting margin expan- Darling Ingredients DAR 1 5,000 322 United Therapeutics UTHR 3 46,700 11,408
the reports’ issuers Pebblebrook Hotel Trust PEB 1 21,000 304 Moderna MRNA 3 82,708 11,278
rate from FY23E-FY26E. Near-term, sion through 2025. Management dis-
have provided, or An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any trade to the SEC within two business
hope to provide, credit and debit card data show strong missed expectations of any transforma- days. The tables highlight companies that filed with the SEC through last Wednesday. The tables do not include pension-plan or employee stock-option activity, trades by
beneficial owners of 10% or more, trades under $2 per share or trades under 100 shares. The "Purchases" column includes only open-market and private purchases; the "Sales"
investment-banking consumer spending at restaurants. tional divestiture of Climate and Retail column includes only open-market and private sales, and excludes trades preceded by option exercise in the 12 months prior to the reported event. Source: Thomson Reuters

or other services to Sysco should trade at a premium, ver- fueling. Lastly, the facility tour featured
the companies being sus peers, given its scale advantages, Dover’s medium-tech applications in
analyzed.
higher margins, lower leverage, and high growth spaces, including bio- Insider Transactions Ratio
dividend aristocrat status. We see a pharma, EV charging, and data centers
40
compelling trajectory for EBIT [earn- (liquid cooling components). We are
ings before interest and taxes] margin raising our 2024 earnings estimate by Bearish
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

expansion in the second half of its fis- 15 cents, to $9.80 a share, but main- 30

cal year and beyond. taining our stock-price target of $145.

20
Ratio = 17

AMC Entertainment First Watch 10

AMC-NYSE Restaurant Group Bullish
Market Perform • Price $5.84 on March 8 FWRG-Nasdaq 0
by Barrington Research Outperform • Price $15.84 on March 7 M A M J J A S O N D J F M
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

by Raymond James
Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish. The total top 20 sales and buys are
359,996,023 and 21,246,738 respectively; Source: Thomson Reuters
AMC reported Q4 revenue of $990.9
million and Ebitda [earnings before The [restaurant chain’s] 4Q results
interest, taxes, depreciation, and amor- reflected slightly lower-than-expected
tization] of $14.5 million, both topping store margins. While labor-cost infla- price of $249 for its direct-to-con- coming years. We reiterate our $15
estimates. But significant uncertainty tion causes us to trim our 2023 margin sumer 30X whole genome sequenc- price target.
remains for AMC, due to its high finan- expectations, top-line momentum re- ing DNA test. The test decodes ap-
cial leverage. Management has been mains powerful. Management unveiled proximately 6.4 billion base pairs of
successful in raising equity that has operational initiatives that could bene- the human genome, and the data gen- Asana
improved AMC’s potential to move fit throughput and drive back-of-house erated exceed the amount and quality ASAN-NYSE
past the pandemic, but risk levels re- efficiencies, and 2023 guidance seems of data offered by competing services Neutral • Price $17.80 on March 8
main high. AMC ended the year with conservative. In all, First Watch is a priced at $400 to $1,100, according by Baird
$632 million of cash, with additional very attractive growth story, with a to management. Nebula also provides
liquidity via credit facilities. The com- reasonable valuation and best-in-class customers with access to over 300
pany is making progress on its de- sales trends. However, we are trim- personalized reports based on their Asana, a leading provider of cloud-
ferred rent balance, which was roughly ming our price target to $22, from $23. genomic profile, as well as a suite of based work-management services,
cut in half in 2022. AMC also has uti- exploration tools including a gene reported a strong 4Q’23 and provided
lized its preferred stock to reduce total browser and a gene analysis tool. The upside to FY24 operating-loss guid-
debt. Since the start of the pandemic, ProPhase Labs sequencing service is conducted at ance. FY24 revenue growth guidance
AMC has closed 115 locations, but has PRPH-Nasdaq Nebula’s certified laboratory in Gar- was 17-18%, year over year (versus the
added 54 theaters. Management is Buy • Price $7.25 on March 7 den City, N.Y. In our view, the com- consensus 19% estimate). The operat-
holding a shareholders’ meeting on by H.C. Wainwright pany could drive consumer demand ing loss guidance was better than ex-
March 14 at which it is proposing to and market growth in personal ge- pected, and the company reaffirmed
convert the company’s APE class nomics by offering the most afford- its commitment to attaining positive
shares to common, since they have ProPhase Labs has announced that able whole genome sequencing con- free cash flow by the end of calendar
essentially similar rights. AMC will its subsidiary, Nebula Genomics, has sumer product in the U.S. That could year 2024. We are raising our price
also vote on a 10-for-1 reverse split. introduced its lowest-ever standard help drive top-line growth in the target to $20, from $15.
 March 13, 2023 BARRON’S 43

Barron's 50-Stock Average 59 Dow Jones Per Share Values 58 Mutual Funds 55 Week In Stocks 58

DATA
Cash Track 55 Exchange Traded Portfolios 51 N.Y. Stock Exchange 43 Weekly Bond Statistics 60
Charting the Market 40 Federal Reserve Data Bank 61 Nasdaq National Market 50 Winners & Losers Stocks 41
Coming Earnings 59 Foreign Exchange 59 New Corporate Listings 58
Conference Call Calendar 59 Gold & Silver Prices 60 New Highs & Lows 61
Delta Tactical Sentiment 59 Gold Mining Index 60 NYSE Half-Hourly Volume 58
Distributions & Offerings 58 Indexes P/Es & Yields 58 Other Market Indexes 57
Dividend Boosts - Reductions 60 Initial Public Offerings 58 Pulse of the Economy 59
Dividend Ex-Payment Dates 60 Investor Sentiment Readings 58 Stock Splits - Special Dividends 60
DJ Averages 57 Key Foreign Market Indexes 50 Stock Volume 58
DJ U.S. Total Market Industry Groups 58 Market Lab 57 Trading Diary 57
Contact Us
Dow Jones Averages 57 Money Rates, U.S. & Foreign 59 Vital Signs 34 For queries, email us at
Statistics from Mar. 6-10, 2023 [email protected]

NEW YORK STOCK EXCHANGE COMPOSITE LIST - NEW HIGHS - NEW LOWS

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
86.73 40.73 Ameresco AMRC ... 26 46.05 +0.33 ... 19.41 3.81 ArdmoreShipping ASC 10.4 5 17.35 –0.83 .45 31.76 1.40 BitMining BTCM ... dd 2.07 –0.71 ... 34.98 22.31 Box BOX ... cc 25.78 –2.75 ...
A 21.76 15.41 AmericaMovil AMX 1.6 7 21.14 +0.08.4414 10.30 9.75 AresAcqnA AAC ... 61 10.20 –0.05 ... 80.41 51.45 BJ'sWholesale BJ ... 20 74.78 +0.82 ... 12.45 0.18 Boxed BOXD ... dd .43 –0.06 ...
22.11 15.86 AmericaMovil A AMOV 3.0 7 21.05 +0.09.4414 16.48 9.78 AresCommRealEst ACRE13.5 16 9.80 –1.75 .02 41.38 25.37 BP BP 3.7 dd 39.01 –1.21.3966 70.46 46.10 BoydGaming BYD .0 10 61.11 –4.73 .16
56.71 33.75 AAR AIR ... 21 52.58 –4.02 ... 39.10 19.55 AmericanAssets AAT 6.7 29 19.79 –5.04 .33 87.50 53.15 AresMgmt ARES 4.1 90 74.51 –8.61 .77 26.08 8.50 BP Prudhoe BPT 35.5 3 9.83 –0.92.2974 56.35 40.52 Brady BRC 1.7 17 52.78 –3.31 .23
35.54 23.97 ABB ABB 2.2 26 33.14 –1.02.7066 11.96 6.36 AmericanAxle AXL ... 16 8.42 –1.17 ... 43.50 31.26 Argan AGX 2.4 28 41.91 +1.98 .25 34.00 5.75 BRC BRCC ... dd 5.95 –0.30 ... 6.64 3.41 BraemarHtls BHR 4.6 dd 4.38 –0.35 .05
54.00 37.68 ABMIndustries ABM 2.0 16 44.75 –4.07 .22 19.47 9.46 AmerEagle AEO 3.0 22 13.32 –0.80 .10 45.26 19.00 ArgoGroup ARGO 4.3 dd 29.04 –0.03 .31 4.13 1.18 BRF BRFS ... dd 1.30 –0.03 ... 14.55 5.14 BrandywineRealty BDN 14.5 17 5.23 –0.65 .19
8.50 4.27 ACCO Brands ACCO 5.6 dd 5.31 –0.40 .075 48.37 28.05 AmerEquity AEL 1.0 3 37.53 –4.73 .36 23.58 9.70 ArisWater ARIS 4.3 cc 9.89 –3.88 .09 25.67 18.73 BRT Apartments BRT 5.0 7 19.96 –1.61 .25 9.82 4.11 BrasilAgro LND 19.3 18 5.03 –0.06.6018
13.70 7.23 AcresCmclRlty ACR ... dd 8.75 –0.62 ... 194.35 130.65 AmerExpress AXP 1.3 17 165.70 –13.39 .60 152.07 89.12 AristaNetworks ANET ... 34 146.46 +5.78 ... 64.62 45.78 BWX Tech BWXT 1.5 24 61.24 –1.90 .23 19.84 7.37 Braskem BAK 8.4 9 7.51 –0.38 .708
16.04 2.51 ADC Therap ADCT ... dd 2.74 –0.40 ... 152.29 119.01 AmericanFin AFG 2.1 12 122.23 –10.58 4.00 3.69 2.65 ArlingtonAsset AAIC ... 44 2.82 –0.22 ... 9.08 3.89 Babcock&Wilcox BW ... dd 5.57 –1.03 ... 62.91 28.85 BreadFinancial BFH 2.4 8 34.91 –5.71 .21
10.10 6.00 ADT ADT 1.9 40 7.34 –0.33 .035 43.89 29.28 AmHomes4Rent AMH 3.0 41 29.32 –2.04 .22 10.74 2.93 ArloTech ARLO ... dd 5.61 +1.88 ... 123.00 6.31 Babylon BBLN ... dd 8.12 –2.16 ... 20.88 11.88 BridgeInvt BRDG 5.5 13 12.27 –1.59 .17
92.16 60.74 AECOM ACM .8 35 84.26 –5.45 .18 65.73 47.05 AIG AIG 2.4 4 53.15 –7.05 .32 15.13 10.04 ArmadaHoffler AHH 6.4 17 11.94 –0.97 .19 124.35 73.20 BadgerMeter BMI .8 51 115.51 –8.26 .225 2.40 0.34 BrightHealth BHG ... dd .37 –0.08 ...
29.89 18.62 AES AES 2.9 dd 23.26 –1.84.1659 28.39 12.93 AmRltyInv ARL ... 1 26.10 –0.54 ... 8.70 4.38 ArmourResREIT ARR 19.0 dd 5.05 –0.30 .08 7.76 1.08 Bakkt BKKT ... dd 1.09 –0.29 ... 140.02 54.19 BrightHorizons BFAM ... 58 79.35 –7.40 ...
74.02 52.07 Aflac AFL 2.6 10 64.03 –4.41 .42 100.51 71.22 AmerStWater AWR 1.9 40 84.74 –2.46.3975 96.51 66.86 ArmstrongWorld AWI 1.4 16 70.23 –7.64 .254 94.79 46.00 Ball BALL 1.5 24 52.54 –4.53 .20 4.48 2.04 BrightScholar BEDU ... ... 2.50 –0.13 ...
150.28 88.55 AGCO AGCO .7 11 129.83 –14.41 .24 110.00 11.01 AmerStratInvt NYC 3.6 dd 11.11 –0.32 .80 134.56 89.38 ArrowElec ARW ... 5 116.03 –4.18 ... 32.16 17.54 Bally's BALY ... dd 18.74 –1.85 ... 26.88 14.73 BrightSphere BSIG .2 10 23.06 –2.40 .01
9.65 3.52 AG Mortgage MITT15.4 dd 5.26 –0.86 .18 282.47 178.17 AmerTowerREIT AMT 3.1 50 191.27 –11.23 1.56 40.68 25.67 ArtisanPtrsAsset APAM 8.2 10 30.15 –3.42 .35 20.62 14.44 BancCalifornia BANC 2.6 8 15.10 –2.35 .10 9.63 6.07 BrightSpire BRSP12.9 18 6.19 –0.71 .20
4.92 0.85 a.k.a.Brands AKA ... dd .85 –0.53 ... 25.99 16.85 AmerVanguard AVD .6 21 20.03 –1.27 .03 23.43 9.64 Artivion AORT ... dd 11.74 –1.92 ... 5.29 2.03 BancoBBVA BBAR .0 3 4.57 –0.39.0162 13.97 5.56 BrightView BV ... 69 5.85 –0.60 ...
21.09 3.77 AMC Ent AMC ... dd 5.38 –1.20 ... 173.87 122.77 AmerWaterWorks AWK 2.0 30 133.65 –6.05 .655 47.28 11.32 Asana ASAN ... dd 19.15 +2.51 ... 7.93 3.93 BancoBilbaoViz BBVA 5.0 7 7.32 –0.55.3333 42.12 21.47 BrinkerIntl EAT ... 21 34.81 –3.88 ...
129.04 82.76 AMN Healthcare AMN ... 9 87.56 –2.37 ... 5.43 2.29 AmericanWell AMWL ... dd 2.35 –0.46 ... 253.67 138.88 AsburyAutomotive ABG ... 5 225.24 –12.78 ... 3.55 2.23 BancoBradesco BBDO 5.7 6 2.29 +0.04.0033 70.05 48.38 Brink's BCO 1.2 18 64.19 –3.71 .20
2555.30 7.61 AMTD Digital HKD ... ... 8.36 +0.57 ... 32.99 21.49 AmericoldRealty COLD 3.1 dd 28.66 –1.27 .22 12.09 3.75 AshfordHosp AHT ... dd 3.78 –1.06 ... 22.74 15.64 BancodeChile BCH 10.8 7 21.97 +0.41 .855 81.44 65.43 BristolMyers BMY 3.5 22 65.71 –3.59 .57
25.80 1.56 AMTD IDEA AMTD ... 1 1.57 –0.05 ... 357.46 219.99 Ameriprise AMP 1.7 13 301.79 –43.14 1.25 114.36 87.93 Ashland ASH 1.4 dd 97.37 –6.31 .335 19.17 12.58 Bladex BLX 5.6 9 17.91 –0.61 .25 0.18 0.10 BristolMyersRt CELG.RT ... ... .12 –0.01 ...
10.80 9.92 AP Acqn A APCA ... cc 10.50 +0.01 ... 174.63 135.14 AmerisourceBrgn ABC 1.3 18 149.60 –6.55 .485 38.04 7.79 AspenAerogels ASPN ... dd 7.80 –2.63 ... 23.15 9.72 BancoMacro BMA 3.6 4 18.94 –0.76.0729 39.46 21.61 Bristow VTOL ... 74 23.39 –4.83 ...
4.18 2.11 ARC Document ARC 6.4 12 3.11 –0.16 .05 148.06 106.17 Ametek AME .7 27 135.72 –8.21 .25 32.06 16.88 AssetMarkFin AMK ... 21 29.36 –2.39 ... 7.98 4.80 BancSanBrasil BSBR 7.8 ... 5.12 –0.09.0881 45.28 35.47 BritishAmTob BTI 7.4 11 37.63 –0.41.7006
7.70 4.45 ASE Tech ASX 7.9 8 7.22 –0.25.4794 4.60 1.52 AmnealPharm AMRX ... dd 1.53 –0.39 ... 25.50 17.45 AssociatedBanc ASB 4.1 9 20.44 –2.65 .21 22.95 13.37 BcoSantChile BSAC ... 8 18.07 +0.75 ... 27.19 17.62 BrixmorProp BRX 4.9 18 21.28 –1.57 .26
124.35 78.26 ASGN ASGN ... 16 82.61 –5.18 ... 6.67 2.26 Ampco-Pitt AP ... dd 2.36 –0.39 ... 44.50 33.69 AssocCapital AC .6 dd 35.80 –1.22 .10 6.86 4.52 BcoSantMex BSMX 9.3 6 6.56 –0.14.3272 8.91 3.52 BroadmarkRealty BRMK 8.9 dd 4.71 –0.36 .035
21.53 14.46 AT&T T 6.0 dd 18.43 –0.38.2775 82.86 61.67 Amphenol APH 1.1 25 76.50 –2.66 .21 194.12 115.28 Assurant AIZ 2.4 24 116.75 –9.69 .70 4.09 2.26 BancoSantander SAN 2.2 6 3.73 –0.28.0631 183.33 131.35 BroadridgeFinl BR 2.1 31 136.99 –7.12 .725
43.32 20.52 ATI ATI ... 45 39.08 –3.69 ... 10.38 4.97 AmplifyEnergy AMPY ... 6 8.03 –2.10 ... 67.13 45.91 AssuredGuaranty AGO 2.1 28 53.51 –6.00 .28 45.98 23.86 BanColombia CIB 4.3 7 25.71 –0.79.6545 22.80 14.98 Broadstone BNL 6.8 23 16.19 –1.96 .275
2.26 0.22 ATI PhysTherapy ATIP ... dd .30 –0.05 ... 26.01 5.62 AmpriusTech AMPX ... dd 6.33 +0.03 ... 32.00 1.90 Atento ATTO ... dd 1.95 –0.80 ... 44.63 28.92 BankofAmerica BAC 2.9 10 30.27 –3.89 .22 7.61 2.37 BrookdaleSrLiving BKD ... dd 2.95 –0.50 ...
19.79 12.27 A10Networks ATEN 1.7 24 14.49 –0.59 .06 16.72 9.88 Amrep AXR ... 5 12.22 –1.24 ... 10.24 9.70 AthenaTechII A ATEK ... cc 10.22 +0.03 ... 38.31 28.67 BankofButterfield NTB 5.8 7 30.09 –5.81 .44 36.50 26.76 BrookfieldAsset BAM 4.0 ... 31.64 –2.64 .32
10.95 9.94 AxiosSustGrwA AXAC ... dd 10.39 +0.03 ... 10.58 9.91 AndrettiAcqnA WNNR ... cc 10.46 ... ... 154.86 70.50 Atkore ATKR ... 7 138.66 –14.35 ... 87.27 59.90 BankofHawaii BOH 4.4 12 63.38 –11.29 .70 34.92 17.58 BrookfieldBus BBUC 1.4 2 18.40 –1.74.0625
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

0.21 0.04 AxiosSustGrwRt AXAC.RT ... ... .19 +0.01 ... 17.10 4.43 AngelOakMtgREIT AOMR17.2 dd 7.45 –0.14 .32 41.04 30.26 AtlUnionBkshs AUB 3.3 12 36.16 –1.05 .30 122.77 81.57 BankofMontreal BMO 3.8 7 88.26 –7.871.0541 47.81 29.85 Brookfield BN .9 26 29.99 –4.07 .07
63.99 48.32 AXIS Capital AXS 3.1 25 56.39 –4.19 .44 25.71 11.94 AngloGoldAsh AU 2.5 25 17.61 –0.03 .177 15.63 10.13 Atlas ATCO 3.3 8 15.37 –0.02 .125 53.63 36.22 BankNY Mellon BK 3.1 16 47.31 –4.02 .37 53.64 37.55 BrookfieldInfr BIPC 3.6 19 42.89 –1.03.3825
30.26 15.12 AZEK AZEK ... cc 22.35 –2.06 ... 63.45 44.51 AB InBev BUD .6 20 60.26 –1.82.3998 17.86 15.77 AtlasEnergySolns AESI ... ... 16.50 ... ... 74.82 45.26 BankNovaScotia BNS 6.4 9 47.53 –3.95.7593 46.01 30.03 BrookfieldInfr BIP 4.8 54 32.08 –1.56.3825
50.75 30.21 AZZ AZZ 1.7 cc 40.28 –2.04 .17 29.88 15.11 AnnalyCap NLY 19.1 4 18.40 –1.93 .88 122.96 97.71 AtmosEnergy ATO 2.7 19 109.16 –3.57 .74 45.86 28.62 BankUnited BKU 3.7 8 29.28 –5.94 .27 48.27 29.84 BrookfieldReinsur BNRE .0 ... 30.10 –3.94 .07
23.63 7.65 Aaron's AAN 4.5 dd 11.16 –1.62 .125 23.91 8.39 AnnovisBio ANVS ... dd 14.51 –1.59 ... 4.49 1.52 ATRenew RERE ... dd 2.89 +0.32 ... 10.38 9.86 BanyanAcqnA BYN ... 25 10.37 +0.01 ... 44.41 27.19 BrookfieldRenew BEPC 4.7 15 28.63 –0.68.3375
124.36 93.25 AbbottLabs ABT 2.1 25 96.96 –7.49 .51 11.61 8.56 AnteroMidstream AM 8.9 15 10.09 –0.72 .225 3.36 0.13 Audacy AUD ... dd .16 –0.02 ... 9.44 5.89 Barclays BCS 7.2 ... 7.53 –0.86 .104 74.00 52.91 Brown&Brown BRO .8 23 54.92 –1.84 .115
175.91 134.09 AbbVie ABBV 4.0 23 149.71 –6.35 1.48 48.80 23.21 AnteroResources AR ... 4 23.40 –3.90 ... 40.89 20.49 Autohome ATHM 1.9 14 30.25 –2.71 .53 11.00 7.65 BaringsBDC BBDC12.6 72 7.72 –0.89 .25 76.60 56.97 Brown-Forman A BF.A 1.3 41 61.79 –5.18.2055
38.49 14.02 Abercrombie&Fitch ANF ... cc 26.97 –1.55 ... 17.32 4.43 AnywhereRealEst HOUS ... 2 4.50 –1.10 ... 98.00 65.74 Autoliv ALV 2.9 19 91.69 –3.39 .66 4.45 1.38 Barnes&NobleEduc BNED ... dd 1.84 –0.05 ... 78.15 60.23 Brown-Forman B BF.B 1.3 41 61.52 –5.51.2055
22.63 12.28 AcadiaRealty AKR 5.5 dd 13.18 –1.41 .18 341.98 246.21 Aon AON .8 24 294.24 –9.83 .56 158.30 94.92 AutoNation AN ... 6 138.22 –2.33 ... 47.36 27.93 BarnesGroup B 1.7 cc 38.64 –3.90 .16 94.60 61.89 Brunswick BC 1.9 9 83.28 –5.15 .40
13.65 7.26 AccelEnt ACEL ... 11 8.85 –0.54 ... 55.82 33.57 AptIncmREIT AIRC 5.2 6 34.91 –3.41 .45 2610.05 1703.32 AutoZone AZO ... 20 2421.39 –75.95 ... 25.99 13.01 BarrickGold GOLD 4.1 66 15.91 –0.61 .10 50.35 26.50 Buckle BKE 3.7 7 37.70 –0.25 2.65
345.30 242.95 Accenture ACN 1.8 23 252.95 –16.25 1.12 9.79 5.22 ApartmtInv AIV 22.4 15 7.33 –0.46 .02 259.05 157.69 Avalonbay AVB 4.0 20 165.53 –7.15 1.65 58.17 25.75 Bath&BodyWks BBWI 2.1 11 37.28 –2.31 .20 11.29 5.09 Buenaventura BVN 1.1 6 7.86 –0.71 .073
10.31 9.63 AcropolisInfrA ACRO ... dd 10.11 –0.01 ... 24.49 13.09 APi Group APG ... cc 21.57 –2.54 ... 51.71 37.64 Avangrid AGR 4.6 17 38.05 –1.25 .44 10.90 9.80 BatteryFutureA BFAC ... 19 10.42 +0.02 ... 26.87 12.47 Build-A-Bear BBW .0 8 24.58 +3.49 1.50
202.90 142.71 AcuityBrands AYI .3 17 190.01 –7.46 .13 14.55 7.91 ApolloComRlEst ARI 13.9 6 10.07 –1.28 .35 34.83 19.32 AvanosMedical AVNS ... 26 27.22 –2.40 ... 20.20 12.20 Bausch+Lomb BLCO ... cc 15.90 –1.86 ... 10.60 9.71 BuildAcqnA BGSX ... 42 10.18 ... ...
54.11 37.46 Acushnet GOLF 1.6 19 50.30 –1.89 .195 74.63 45.62 ApolloGlbMgmt APO 2.7 dd 60.29 –12.82 .40 35.39 17.91 Avantor AVTR ... 22 21.26 –3.84 ... 24.26 4.00 BauschHealth BHC ... dd 8.03 –1.13 ... 90.21 48.91 BuildersFirst BLDR ... 5 81.64 –7.54 ...
13.55 6.95 Adecoagro AGRO 4.1 5 7.80 –0.25.1602 10.22 9.73 ApolloStratII A APGB ... 45 10.21 +0.03 ... 204.37 151.62 AveryDennison AVY 1.8 19 170.74 –12.59 .75 80.72 37.95 BaxterIntl BAX 3.1 dd 38.02 –1.92 .29 128.40 80.41 Bunge BG 2.7 9 92.55 –6.22 .625
18.69 13.79 AppleHospREIT APLE 6.2 25 15.51 –1.39 .08
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

47.50 27.15 Adient ADNT ... dd 40.63 –3.94 ... 54.77 27.65 Avient AVNT 2.5 24 39.63 –4.78.2475 7.24 3.59 BaytexEnergy BTE ... 3 3.63 –0.52 ... 11.20 6.94 BurfordCapital BUR 3.2 ... 7.90 –0.37.0625
44.40 23.94 AdtalemGlbEduc ATGE ... dd 37.79 –1.59 ... 149.42 88.09 AppliedIndlTechs AIT 1.0 18 138.80 –5.55 .35 46.60 35.72 Avista AVA 4.6 19 40.32 –1.21 .46 2.33 0.50 Beachbody BODY ... dd .73 +0.03 ... 239.94 106.47 BurlingtonStrs BURL ... 60 209.25 –6.96 ...
231.43 127.48 AdvanceAuto AAP 4.7 15 128.04 –10.44 1.50 122.30 90.23 Aptargroup ATR 1.4 31 112.56 –7.69 .38 32.56 20.66 AxaltaCoating AXTA ... 34 29.57 –1.48 ... 10.50 9.87 BeardEnerA BRD ... ... 10.35 +0.02 ... 8.72 1.86 ButterflyNtwk BFLY ... dd 1.92 –0.49 ...
153.36 79.90 AdvDrainageSys WMS .6 15 83.84 –5.90 .12 129.18 77.96 Aptiv APTV ... 57 111.08 –8.22 ... 51.46 33.91 AxosFinancial AX ... 9 37.66 –9.78 ... 17.64 9.47 BeazerHomes BZH ... 2 14.24 –1.26 ... 28.00 20.15 BylineBancorp BY 1.6 9 22.16 –2.74 .09
57.10 30.69 AdvanSix ASIX 1.6 6 36.50 –5.23 .145 45.72 28.74 Aramark ARMK 1.3 40 34.59 –2.93 .11 16.89 3.82 Azul AZUL ... dd 7.27 +3.11 ... 277.29 215.90 BectonDicknsn BDX 1.6 42 229.71 –7.51 .91
5.89 3.76 Aegon AEG 4.2 dd 4.82 –0.39.1288 17.89 11.16 ArborRealty ABR 11.9 8 13.15 –1.92 .40 21.53 2.61 AzurePowerGlbl AZRE ... ... 2.69 –0.44 ... 92.33 47.89 Belden BDC .2 14 83.61 –2.81 .05 C
6.57 1.85 Aenza AENZ ... dd 2.61 –0.03 ... 34.59 19.25 ArcelorMittal MT 1.3 3 29.62 –2.77 .22 31.93 20.20 BellRing BRBR ... 34 29.86 –1.67 ...
66.85 37.20 AerCap AER ... dd 56.44 –7.44 ... 183.53 110.97 ArchResources ARCH .7 2 151.59 –13.75 2.86 B 30.00 21.11 BenchmarkElec BHE 2.8 12 23.44 –0.61 .165 319.33 245.32 CACI Intl CACI ... 18 281.11 –14.55 ...
56.59 36.44 AerojetRocket AJRD ... 62 55.90 –0.20 ... 5.24 1.62 ArcherAviation ACHR ... dd 3.07 –0.02 ... 5.85 2.02 BensonHill BHIL ... dd 2.03 –0.39 ... 5.59 2.67 CBD Pao CBD 2.2 2 2.70 –0.09.0713
4.72 1.17 AevaTech AEVA ... dd 1.58 –0.34 ... 98.88 70.02 ArcherDaniels ADM 2.3 10 76.66 –4.40 .45 4.46 1.17 Bark BARK ... dd 1.18 –0.16 ... 10.43 9.71 BerensonAcqnI BACA ... 18 10.15 ... ... 51.85 37.01 CBIZ CBZ ... 24 47.79 –2.49 ...
180.63 108.12 AffiliatedMgrs AMG .0 5 144.49 –16.27 .01 11.49 6.28 Archrock AROC 5.8 37 10.27 –1.19 .15 29.33 10.91 B&G Foods BGS 5.1 dd 14.90 –0.98 .19 76.99 60.89 Berkley WRB .6 13 62.66 –4.88 .10 34.91 21.66 CBL&Assoc CBL 4.4 dd 25.55 –1.25 .375
10.40 9.74 AfricanGoldA AGAC ... 49 10.21 +0.01 ... 31.24 16.33 Arconic ARNC ... dd 26.10 –1.10 ... 59.34 39.88 BCE BCE 6.7 19 43.20 –1.32.7237 544389 393012 BerkHathwy A BRK.A ... dd 460462 –12794 ... ... ... CBREGlbREIncmRtWi IGR.RTWI ... ... .03 ... ...
10.20 9.63 AfterNextA AFTR ... 39 10.18 +0.01 ... 9.04 6.23 ArcosDorados ARCO 1.9 13 7.86 –0.43 .03 5.00 0.50 BEST BEST ... dd .75 +0.11 ... 362.10 259.85 BerkHathwy B BRK.B ... dd 303.63 –8.82 ... 94.21 66.31 CBRE Group CBRE ... 18 78.39 –7.53 ...
160.26 112.52 AgilentTechs A .7 31 135.72 –8.21 .225 65.80 43.52 Arcosa ACA .3 11 58.01 –3.53 .05 16.02 10.30 BGSF BGSF 4.8 16 12.56 –1.69 .15 31.63 23.62 BerkshireHills BHLB 2.8 13 25.57 –3.10 .18 10.66 9.75 CCNeubergerIII A PRPC ... 23 10.21 +0.01 ...
23.26 14.15 Agiliti AGTI ... 68 14.83 –3.80 ... 39.75 15.70 ArcusBiosci RCUS ... dd 16.55 –1.70 ... 71.52 46.92 BHP Group BHP 8.8 8 60.11 –5.74 1.80 66.21 44.52 BerryGlobal BERY 1.7 10 57.62 –6.27 .25 119.60 78.23 CF Industries CF 2.0 5 78.47 –7.69 .40
28.36 14.82 agilon health AGL ... dd 22.84 –2.38 ... 8.80 3.91 ArdaghMetalPkg AMBP 9.5 11 4.22 –0.39 .10 244.89 68.33 BILL BILL ... dd 68.35 –22.20 ... 103.23 60.79 BestBuy BBY 4.7 12 78.61 –4.65 .92 10.57 9.88 C5AcqnA CXAC ... cc 10.37 +0.02 ...
67.14 36.69 AgnicoEagleMines AEM 3.5 30 45.42 –2.30 .40 40.45 12.87 BigLots BIG 8.7 dd 13.76 –1.22 .30 94.00 72.23 CGI GIB ... 19 89.77 –2.00 ...
80.44 62.63 AgreeRealty ADC 4.3 36 66.78 –3.84 .24 16.12 0.58 BigBear.ai BBAI ... dd 2.17 –1.01 ... 19.08 4.59 CI&T CINT ... 23 4.59 –0.96 ...
47.00 29.75 AirLease AL 2.0 dd 39.25 –4.33 .20 904.40 540.33 BiglariA BH.A ... dd 900.00 –3.76 ... 73.76 52.41 CMS Energy CMS 3.4 21 58.08 –1.76.4875
328.56 216.41 AirProducts APD 2.5 28 281.27 –13.51 1.75 184.21 113.76 BiglariB BH ... dd 181.80 –0.13 ... 50.33 35.90 CNA Fin CNA 4.2 12 39.80 –4.17 1.20
186.37
11.62
61.55
115.39
108.35
6.35
38.19
75.24
AlamoGroup
AlamosGold
AlaskaAir
AlbanyIntl
ALG .5
AGI 1.0
ALK ...
AIN 1.1
20
cc
cc
31
173.86
10.07
46.10
92.97
–10.59 .22
–0.36 .025
–2.34 ...
–6.59 .25
Five-Day Dow Composite 20.57
607.54
4.10
80.95
5.54
344.63
0.14
59.08
Biohaven
Bio-RadLab A
BirdGlobal
BlackHills
BHVN ...
BIO ...
BRDS ...
BKH 4.2
...
dd
dd
15
13.24
478.24
.15
59.88
–1.12 ...
–24.76 ...
–0.03 ...
–2.39 .625
17.98
26.35
24.21
79.17
10.60
16.56
14.55
29.06
CNH Indl
CNO Financial
CNX Resources
CONSOL Energy
CNHI 1.8
CNO 2.5
CNX ...
CEIX 7.5
10

dd
7

4
15.43
22.77
15.14
57.71
–1.59.3861
–3.12 .14
–1.18 ...
–6.42 1.10
334.55 172.78 Albemarle ALB .7 10 225.13 –34.24 .40 52.20 31.22 CRH CRH 2.4 10 50.17 –1.49 1.03
37.16 19.54 Albertsons ACI 2.4 9 19.91 –0.17 .12
Ouch: As banks shares shook, the Dow fell 4.4% this past week—its 79.78
10.56
53.85
9.88
BlackKnight
BlackMountainA
BKI ...
BMAC ...
19
...
56.52
10.36
–2.32 ...
+0.02 ... 36.52 5.56 CS Disco LAW ... dd 6.05 –0.81 ...
98.09
81.98
33.55
55.21
Alcoa
Alcon
AA
ALC .3
.9 dd
95
44.91
64.46
–10.61 .10
–3.89 .20
worst since June 2022. Caterpillar fell 11% after getting downgraded to 10.19
7.97
9.62
3.17
BlackSpadeA
BlackBerry
BSAQ ...
BB ...
84
dd
10.19
3.59
+0.02 ...
–0.53 ...
23.07
48.18
16.14
31.90
CTO Realty
CTS
CTO 9.3
CTS .4
dd
24
16.27
44.03
–1.26 .38
–0.75 .04
24.15
266.43
15.80
194.53
Alexander&Baldwin
Alexander's
ALEX 4.7
ALX 9.2
dd
17
18.19
195.91
–1.16 .22
–8.74 4.50
Sell at UBS, while Intel rose 0.8%. 788.65
3.73
503.12
1.00
BlackRock
BlackSkyTech
BLK 3.1
BKSY ...
19
dd
635.03
1.46
–60.21 5.00
–0.46 ...
30.92
13.51
10.16
1.83
C3.ai
Curo
AI
CURO22.4
... dd
dd
21.27
1.96
–7.21 ...
–0.77 .11
206.85 126.13 AlexandriaRlEst ARE 3.8 40 126.80 –17.03 1.21 132.93 71.72 Blackstone BX 5.5 34 80.22 –11.00 .91 43.61 20.36 CVR Energy CVI 6.5 7 30.65 –2.78 .50
125.84 58.01 Alibaba BABA ... 48 82.96 –6.74 ... Monday Tuesday Wednesday Thursday Friday 32.91 18.66 BlackstoneMtg BXMT 13.1 13 18.88 –2.18 .62 179.74 80.30 CVR Partners UAN 26.3 3 93.52 –8.9310.50
10.61 6.31 Alight ALIT ... dd 8.86 –1.13 ... 7.45 1.00 BlendLabs BLND ... dd 1.41 –0.09 ... 109.69 76.66 CVS Health CVS 3.1 25 77.10 –4.71 .605
123.46 87.33 Allegion ALLE 1.7 21 107.49 –7.27 .45 33,600 48.76 23.65 BlockHR HRB 3.3 12 35.58 –0.54 .29 1576.49 620.57 CableOne CABO 1.8 18 643.01 –49.22 2.85
28.44 2.33 Allego ALLG ... ... 3.82 –0.13 ... 149.00 51.34 Block SQ ... dd 71.01 –9.87 ... 83.74 59.65 Cabot CBT 2.0 12 74.31 –9.35 .37
68.46 47.77 Allete ALE 4.5 18 60.31 –1.94.6775 33,400 31.47 11.47 BloomEnergy BE ... dd 20.12 –2.56 ... 62.83 34.70 Cactus WHD 1.0 24 42.59 –5.85 .11
49.45 31.31 AllianceBernstein AB 8.0 14 36.87 –2.24 .70 (Previous Friday 8.22 0.61 BlueApron APRN ... dd .75 –0.20 ... 31.02 22.04 CadenceBank CADE 3.9 10 24.26 –1.83 .235
50.64 32.63 AllisonTransm ALSN 2.0 8 45.75 –2.90 .23 Close)
33,200 14.70 8.06 BlueOwlCapital OWL 4.9 dd 10.64 –1.96 .13 31.50 17.74 Cadre CDRE 1.5 cc 20.88 –1.34 .08
144.46 111.85 Allstate ALL 3.0 dd 118.20 –9.93 .89 34.58 16.24 BluegreenVac BVH 2.5 9 31.55 –1.16 .20 27.95 15.23 CAE CAE ... 51 21.56 –1.54 ...
45.65 22.34 AllyFinancial ALLY 4.6 5 25.82 –4.71 .30 33,000 100.01 57.50 BlueLinx BXC ... 3 80.94 –7.41 ... 31.13 18.98 Caleres CAL 1.2 5 23.93 –2.61 .07
186.98 103.90 AlphaMetal AMR 1.1 2 166.30 –16.70 .44 32,800 10.55 9.77 BlueRiverA BLUA ... 64 10.12 –0.02 ... 51.46 35.95 CaliforniaRscs CRC 2.8 6 40.37 –3.60.2825
20.79 15.41 AlpineIncmProp PINE 6.6 8 16.48 –1.79 .275 10.51 9.71 BluescapeOppsAcqn BOAC ... 18 9.91 +0.02 ... 66.12 48.46 CalWtrSvc CWT 1.9 31 54.67 –2.17 .26
20.60 8.65 AltaEquipment ALTG 1.3 87 17.00 –2.35 .057 32,600 221.33 113.02 Boeing BA ... dd 203.07 –12.04 ... 77.44 31.59 Calix CALX ... 80 47.69 –3.30 ...
10.15 9.65 AltC Acqn ALCC ... cc 10.10 +0.01 ... 85.17 55.14 BoiseCascade BCC .9 3 64.99 –5.25 .15 66.48 31.23 CallonPetrol CPE ... 2 36.46 –5.78 ...
76.35 39.55 Alteryx AYX ... dd 57.78 –10.11 ... 32,400 105.66 50.20 BootBarn BOOT ... 13 74.50 –6.10 ... 175.69 105.78 CamdenProperty CPT 3.7 18 106.91 –9.22 1.00
13.17 3.53 AlticeUSA ATUS ... 8 3.58 –0.50 ... 112.55 76.60 BoozAllen BAH 2.1 28 90.54 –5.89 .47 32.49 20.02 Cameco CCJ .4 cc 25.45 –2.86.0941
10.61 9.70 AltimarAcqnIIIA ATAQ ... 29 10.09 –0.08 ... 32,200 3.90 1.00 BoqiiHolding BQ ... dd 1.23 –0.09 ... 57.78 41.74 CampbellSoup CPB 2.8 19 52.51 +0.10 .37
-345.22
57.05 40.35 Altria MO 8.1 15 46.61 +0.08 .94 51.14 31.14 BorgWarner BWA 1.4 12 47.94 –2.87 .17 33.99 20.55 CampingWorld CWH 11.4 7 22.02 –0.98 .625
14.72 4.26 AltusPower AMPS ... dd 6.64 –0.32 ... +40.47 -574.98 -58.06 -543.54
32,000 7.73 2.45 BorrDrilling BORR ... dd 6.84 –0.73 ... 28.53 14.51 CanadaGoose GOOS ... 40 17.42 –1.99 ...
17.75 7.24 AmbacFin AMBC ... 2 15.83 –1.07 ... 422.75 287.00 BostonBeer SAM ... 57 311.97 –7.17 ... 65.81 39.40 CIBC CM 6.0 11 41.73 –4.66.6274
3.32 2.40 Ambev ABEV 4.2 15 2.58 +0.06.1457
31,800 30.94 18.68 BostonOmaha BOC ... dd 22.70 –1.28 ... 137.19 103.79 CanNtlRlwy CNI 2.0 20 115.46 –3.85.5906
13.07 0.38 AmbrxBio AMAM ... dd 9.69 +3.26 ... 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 133.11 57.35 BostonProps BXP 6.8 11 57.44 –8.22 .98 70.60 44.45 CanNaturalRes CNQ 4.7 8 56.42 –3.86 .632
13.61 10.42 Amcor AMCR 4.6 15 10.74 –0.49.1225 48.87 34.98 BostonSci BSX ... cc 46.48 –1.34 ... 84.22 65.17 CanPacRlwy CP .8 25 73.13 –5.50.1424
99.20 73.28 Ameren AEE 3.1 20 81.05 –2.68 .63 17.45 8.19 Bowlero BOWL ... dd 16.19 –0.06 ... 3.80 1.22 Cango CANG .0 dd 1.27 –0.05 .98
 44 BARRON’S March 13, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
25.74 17.11 Cannae CNNE ... dd 20.00 –2.23 ... 19.57 6.86 Volaris VLRS ... dd 11.25 –0.70 ... 192.24 140.09 FTI Consulting FCN ... 28 186.58 +2.78 ... 146.71 92.27 GlobalPayments GPN 1.0 cc 100.00 –12.80 .25
9.75 0.98 CanoHealth CANO ... dd 1.33 –0.06 ... 429.89 244.22 Cooper COO .0 43 324.78 –27.03 .03 E 140.18 74.57 Fabrinet FN ... 19 118.06 –4.08 ... 30.02 14.62 GlobalShipLease GSL 7.8 2 19.25 –1.82 .375
144.73 86.98 CapitalOne COF 2.4 6 98.19 –11.59 .60 18.95 3.53 Cooper-Standard CPS ... dd 15.27 –1.60 ... 474.13 345.92 FactSet FDS .9 36 395.63 –25.57 .89 282.13 151.63 Globant GLOB ... 44 153.47 –18.23 ...
69.25 36.90 Capri CPRI ... 8 42.88 –6.90 ... 98.11 55.25 Copa CPA ... 10 93.28 –1.63 ... 10.16 9.68 EG Acqn A EGGF ... 71 10.11 –0.04 ... 711.85 340.48 FairIsaac FICO ... 47 695.76 –9.47 ... 123.85 87.87 GlobeLife GL .8 15 113.97 –6.61 .225
81.57 49.70 CardinalHealth CAH 2.8 dd 71.19 –4.01.4957 26.63 18.75 Core&Main CNM ... 10 22.11 –2.17 ... 76.01 20.49 elfBeauty ELF ... 82 69.57 –5.62 ... 17.73 3.64 Farfetch FTCH ... 8 4.46 –0.95 ... 81.78 52.60 GlobusMedical GMED ... 29 54.51 –4.83 ...
22.46 15.90 CareTrustREIT CTRE 5.9 dd 18.72 –1.32 .275 34.08 13.19 CoreLabs CLB .2 56 23.06 –3.49 .01 169.89 95.64 EMCOR EME .4 19 158.49 –10.46 .15 16.43 9.73 FarmlandPtrs FPI 2.4 68 9.83 –1.08 .06 88.32 64.65 GoDaddy GDDY ... 33 72.40 –3.53 ...
318.71 222.01 Carlisle CSL 1.2 14 243.10 –22.34 .75 23.50 17.81 CorebridgeFin CRBG 5.1 1 17.87 –2.86 .23 32.21 20.38 ENI E 5.6 3 28.16 –0.39.3107 20.03 7.15 Fastly FSLY ... dd 13.38 –1.58 ... 11.01 9.97 GoGreenInvtsA GOGN ... dd 10.53 +0.03 ...
106.24 52.10 CarMax KMX ... 18 63.73 –6.62 ... 35.48 20.45 CoreCard CCRD ... 20 31.70 –1.14 ... 150.88 92.16 EOG Rscs EOG 2.9 8 112.18 –9.59 .825 9.43 0.73 FathomDigital FATH ... dd .78 –0.41 ... 16.92 7.03 GoldFields GFI 3.5 12 9.46 –0.20.2425
21.50 6.11 Carnival CCL ... dd 9.69 –1.42 ... 14.24 8.70 CoreCivic CXW ... 9 9.58 –0.56 ... 462.99 189.32 EPAM Systems EPAM ... 40 282.74 –23.25 ... 131.18 85.97 FedAgriMtg A AGM.A 3.5 9 124.34 –1.29 1.10 10.44 9.74 GoldenFalconA GFX ... 29 10.10 +0.03 ...
19.52 5.43 Carnival CUK ... dd 8.81 –1.27 ... 3.48 1.37 CorEnergyInfr CORR14.2 dd 1.41 –0.20 .05 56.38 34.58 EPR Prop EPR 8.8 19 37.66 –3.62 .275 149.37 90.38 FedAgriMtg C AGM 3.4 9 130.21 –17.29 1.10 20.50 13.54 GoldmanSachsBDC GSBD12.9 26 13.95 –2.19 .45
52.50 24.76 CarpenterTech CRS 1.8 dd 45.11 –6.92 .20 38.71 28.98 Corning GLW 3.4 22 33.26 –2.01 .28 51.97 24.30 EQT EQT 2.0 7 30.41 –3.94 .15 128.13 86.43 FederalRealty FRT 4.5 21 96.50 –10.75 1.08 389.58 277.84 GoldmanSachs GS 3.1 11 327.67 –29.42 2.50
56.28 22.71 CarriageSvcs CSV 1.4 12 32.12 –1.86.1125 10.45 5.00 CorpAmAirports CAAP ... ... 9.76 +0.29 ... 63.32 32.12 ESAB ESAB .3 16 59.74 –0.94 .05 58.15 31.86 FederalSignal FSS .7 27 53.21 –3.09 .09 39.14 22.67 Gorman-Rupp GRC 2.8 59 25.18 –2.71 .175
49.17 33.10 CarrierGlobal CARR 1.6 11 45.64 –2.15 .185 29.64 22.22 CorpOfficeProp OFC 4.7 19 24.01 –1.48 .285 101.52 60.03 ESCO Tech ESE .4 27 88.58 –6.17 .08 41.20 27.88 FederatedHermes FHI 2.8 15 38.76 –1.29 .27 72.87 56.48 Graco GGG 1.4 25 67.65 –3.43 .235
20.42 8.75 Cars.com CARS ... 68 16.64 –1.93 ... 10.60 9.65 CorsairPtrA CORS ... 29 10.17 ... ... 6.28 1.02 ESSTech GWH ... dd 1.10 –0.45 ... 248.76 141.92 FedEx FDX 2.3 13 201.19 –7.89 1.15 10.57 9.66 GrafAcqnIV GFOR ... 35 10.14 +0.02 ...
97.68 62.66 Carter's CRI 4.3 11 70.02 –5.21 .75 68.43 50.03 Corteva CTVA 1.0 38 58.89 –4.81 .15 9.84 4.89 E2open ETWO ... dd 5.21 –0.99 ... 155.04 99.16 Ferguson FERG 2.6 14 135.00 –9.96 .75 10.63 4.07 GrafTechIntl EAF .8 4 5.29 –0.49 .01
150.84 3.55 Carvana CVNA ... dd 7.31 –2.78 ... 20.97 11.14 Cosan CSAN ... 24 11.47 +0.12 ... 78.75 40.13 EagleBulkShip EGLE 4.7 3 51.06 –4.33 .60 274.08 167.45 Ferrari RACE ... 49 261.23 –10.22 ... 14.66 6.51 Graham GHM ... dd 14.46 –0.02 ...
115.34 40.69 Catalent CTLT ... 30 67.92 –6.34 ... 18.01 8.55 Costamare CMRE 4.7 2 9.85 –0.73 .115 152.15 101.98 EagleMaterials EXP .7 12 136.00 –11.53 .25 48.54 33.17 FidNatlFin FNF 5.1 9 35.29 –2.82 .45 681.70 525.58 GrahamHoldings GHC 1.1 43 586.43 –40.02 1.65
10.35 9.75 CatchaInvtA CHAA ... ... 10.24 +0.01 ... 36.55 21.98 CoterraEnergy CTRA10.2 5 24.59 –1.75 .37 22.25 10.65 EarthstoneEner ESTE ... 3 13.45 –1.69 ... 106.65 56.53 FidNatlInfo FIS 3.6 dd 57.22 –6.71 .52 709.21 440.48 Grainger GWW 1.0 22 677.88 –19.71 1.72
266.04 160.60 Caterpillar CAT 2.1 18 227.01 –28.30 1.20 11.66 5.90 Coty COTY ... 85 10.72 –0.86 ... 21.46 13.49 EasterlyGovtProp DEA 7.5 42 14.16 –0.98 .265 9.08 4.00 51TalkOnlineEd COE ... dd 6.00 –0.20 ... 44.15 25.35 GraniteConstr GVA 1.3 21 40.93 –2.58 .13
18.00 8.40 Cato CATO 7.6 dd 8.96 –0.33 .17 21.38 8.98 Coupang CPNG ... dd 13.29 –1.29 ... 217.46 137.47 EastGroup EGP 3.2 36 156.14 –11.25 1.25 3.47 1.20 FinanceofAm FOA ... dd 1.46 –0.05 ... 11.57 5.07 GranitePointMtg GPMT18.3 dd 5.19 –0.78 .20
65.20 1.93 Cazoo CZOO ... ... 2.62 +0.48 ... 24.01 9.81 Coursera COUR ... dd 11.33 –0.28 ... 114.97 69.91 EastmanChem EMN 3.9 13 80.75 –6.51 .79 5.92 2.68 FinVolution FINV 4.1 4 4.56 –0.57 .205 14.00 5.17 GraniteRidge GRNT 7.0 70 5.44 –0.21 .11
57.49 37.58 CedarFairRec FUN 2.6 8 45.91 –1.27 .30 41.69 21.72 CousinsProperties CUZ 5.8 20 21.96 –3.29 .32 7.50 2.78 EastmanKodak KODK ... dd 3.51 –0.30 ... 69.75 43.54 FirstAmerFin FAF 3.9 22 52.99 –1.61 .52 25.17 18.90 GraphicPkg GPK 1.7 14 23.76 –0.82 .10
161.37 86.71 Celanese CE 2.6 6 109.14 –15.40 .70 123.78 82.14 Crane CR 1.7 15 110.64 –12.72 .47 178.75 122.50 Eaton ETN 2.0 28 170.30 –7.25 .86 16.40 12.28 FirstBanCorp FBP 4.4 8 12.84 –1.35 .14 29.99 10.30 GravitasEduc GEHI ... ... 12.10 –0.75 ...
14.28 8.21 Celestica CLS ... 11 12.51 –0.69 ... 8.29 5.13 Crawford A CRD.A 3.5 dd 6.90 +1.19 .06 185.50 131.04 Ecolab ECL 1.3 41 158.07 –5.33 .53 16.53 12.76 FirstCmwlthFin FCF 3.5 10 13.53 –2.41 .12 23.80 8.61 GrayTelevision GTN 3.3 2 9.79 –1.67 .08
7.00 4.39 CementosPacasm CPAC 9.5 10 5.22 +0.01.5276 7.98 5.05 Crawford B CRD.B 3.7 dd 6.50 +1.03 .06 19.81 8.59 Ecopetrol EC 13.4 3 10.87 –0.56.1479 24.92 19.53 FirstHorizon FHN 3.0 13 20.10 –1.36 .15 22.15 8.50 GrayTelevision A GTN.A 3.6 2 9.00 –1.41 .08
5.71 3.20 Cemex CX ... 13 5.02 –0.65 ... 12.05 8.20 Ecovyst ECVT ... 20 10.47 –0.55 ... 65.92 42.91 FirstIndRlty FR 2.5 19 50.58 –3.72 .32 11.78 7.00 GreatAjax AJX 14.3 dd 7.01 –0.68 .25
182.11 113.21 Credicorp BAP 3.1 9 128.77 –3.143.9936
24.91 14.18 CenovusEnergy CVE 1.7 7 18.35 –1.01.0783 45.31 32.00 EdgewellPersonal EPC 1.5 22 40.53 –3.49 .15 14.59 5.85 FirstMajestic AG .4 dd 6.10 –0.44.0054 34.22 16.80 GreenBrickPtrs GRBK ... 5 31.18 –1.83 ...
8.35 2.61 CreditSuisse CS 1.5 dd 2.66 –0.37.0528
98.53 64.82 Centene CNC ... 32 65.10 –3.97 ... 73.32 54.45 EdisonIntl EIX 4.5 42 66.23 –1.07.7375 174.21 45.00 FirstRepBank FRC 1.3 10 81.76 –41.46 .27 30.29 15.03 GreenDot GDOT ... 14 16.01 –3.25 ...
19.65 10.73 CrescentEnergy CRGY 5.6 5 11.21 –1.10 .17
33.50 25.03 CenterPointEner CNP 2.8 17 27.56 –0.85 .19 131.10 67.13 EdwardsLife EW ... 30 74.34 –7.58 ... 48.85 35.32 FirstEnergy FE 4.1 54 38.09 –1.67 .39 53.46 23.80 Greenbrier GBX 3.6 53 30.07 –3.02 .27
10.96 5.51 CrescentPoint CPG 4.3 3 6.75 –0.57.0736
10.54 3.77 CenterraGold CGAU 3.5 dd 5.97 –0.58.0516 27.68 9.40 ElancoAnimal ELAN ... dd 9.57 –1.53 ... 12.30 1.71 FiscalNote NOTE ... dd 1.73 –0.27 ... 16.79 5.65 Greenhill GHL 4.1 dd 9.85 –1.36 .10
32.96 22.88 CrestwoodEquity CEQP10.5 dd 24.86 –0.55 .655
104.63 57.03 Centerspace CSR 5.0 dd 58.20 –4.80 .73 96.12 46.18 Elastic ESTC ... dd 53.09 –10.84 ... 14.74 5.59 Fisker FSR ... dd 6.17 –1.47 ... 5.90 2.32 GreenTree GHG ... ... 4.09 –0.12 ...
30.40 12.27 CrossTimbers CRT 13.3 9 16.12 –2.75.1146
10.39 6.11 CentraisElBras EBR 4.8 11 6.12 –0.25.1306 12.49 5.06 EldoradoGold EGO ... dd 9.12 –0.74 ... 6.54 1.88 FivePoint FPH ... dd 2.17 –0.12 ... 84.87 54.75 Greif B GEF.B 4.3 6 70.22 –7.13 .75
199.97 121.71 CrownCastle CCI 4.9 33 126.88 –4.631.565
28.89 18.59 CentralPacFin CPF 5.2 8 20.18 –2.20 .26 23.16 15.31 ElementSolns ESI 1.7 26 19.29 –1.85 .08 83.18 26.16 FiverrIntl FVRR ... dd 34.62 –5.90 ... 74.22 57.10 Greif A GEF 3.2 8 62.11 –4.85 .50
130.42 66.00 CrownHoldings CCK 1.2 14 81.79 –6.21 .24
6.93 2.81 CentralPuerto CEPU 2.3 6 5.39 –0.52.1649 549.52 440.02 ElevanceHealth ELV 1.3 18 454.56 –15.68 1.48 10.47 9.70 FlameAcqnA FLME ... 43 10.12 –0.14 ... 19.54 16.19 GreystoneHousing GHI 8.9 6 16.38 –1.11 .10
10.67 9.80 CrownPropA CPTK ... cc 9.99 ... ...
65.38 39.00 CenturyComm CCS 1.6 4 57.95 –2.28 .23 18.13 10.81 EllingtonFin EFC 15.7 dd 11.50 –1.33 .15 265.30 161.69 FleetCorTech FLT ... 16 195.88 –18.84 ... 43.74 17.56 Griffon GFF 1.2 dd 33.70 –4.31 .10
54.95 36.82 CubeSmart CUBE 4.3 35 45.62 –3.03 .49
79.66 43.23 CeridianHCM CDAY ... dd 67.45 –7.00 ... 10.37 5.70 EllingtonResiMtg EARN13.6 dd 7.08 –0.46 .08 38.24 19.83 FlexLNG FLNG 9.0 10 33.39 –2.24 .25 71.51 4.50 Grindr GRND ... dd 6.28 –0.32 ...
160.60 112.67 Cullen/Frost CFR 2.9 14 118.75 –13.48 .87
51.60 3.90 CharahSolutions CHRA ... dd 4.57 –0.60 ... 10.40 9.67 ElliottOppIIA EOCW ... 32 10.21 +0.03 ... 104.83 59.91 Floor&Decor FND ... 31 86.75 –4.53 ... 242.68 136.16 Group1Auto GPI .7 5 219.15 –13.30 .45
8.30 3.95 Culp CULP 8.8 dd 5.22 –0.27 .115
20.99 8.07 ChargePoint CHPT ... dd 9.67 –1.41 ... 26.12 16.14 ElmeComms ELME 4.1 dd 17.71 –0.69 .18 1.78 0.90 FlotekIndustries FTK ... dd 1.06 –0.14 ... 12.50 0.18 GroveCollab GROV ... dd .42 –0.06 ...
261.91 184.28 Cummins CMI 2.6 16 241.82 –16.24 1.57 13.50 8.28 EmbotellAndinaA AKO.A 9.8 14 12.85 +0.45.2035
308.15 181.36 CharlesRiverLabs CRL ... 21 202.54 –29.46 ... 182.55 124.37 Curtiss-Wright CW .4 22 170.43 –7.24 .19 30.16 24.15 FlowersFoods FLO 3.2 25 27.20 –0.77 .22 200.85 126.01 GpoAeroportuar PAC 3.6 ... 182.43 –9.883.3121
242.59 107.68 ChartIndustries GTLS ... cc 132.13 –10.80 ... 16.36 9.63 EmbotellAndinaB AKO.B 9.1 16 15.17 –0.27.2238 37.59 23.89 Flowserve FLS 2.5 22 32.23 –2.90 .20 306.86 179.01 GpoAeroportSur ASR 2.6 19 294.09 –7.024.5984
21.22 10.04 Cushman&Wkfd CWK ... 13 11.58 –1.30 ...
15.04 9.59 ChathamLodging CLDT 2.6 cc 10.85 –1.56 .07 9.40 4.54 CustomTruck CTOS ... cc 6.43 –0.90 ...
15.03 7.91 Embraer ERJ ... cc 14.42 +0.67 ... 38.20 21.68 Fluor FLR ... 50 33.34 –4.22 ... 5.52 1.96 GpoAvalAcc AVAL78.8 4 2.29 –0.09.2855
6.50 1.41 CheetahMobile CMCM ... ... 2.23 –0.25 ... 4.55 2.42 EmeraldHldg EEX ... 38 3.74 –0.16 ... 95.81 58.73 FomentoEconMex FMX 1.6 21 88.67 –5.39.8391 3.22 1.20 GpoSupervielle SUPV 1.2 dd 2.56 –0.25.0151
59.97 20.75 CustomersBancorp CUBI ... 4 22.86 –7.77 ... 7.50 3.46 Emeren SOL ... 11 4.24 –0.31 ...
37.64 15.30 Chegg CHGG ... 9 15.89 –0.71 ... 47.22 23.85 FootLocker FL 3.7 10 42.88 –1.78 .40 11.90 4.47 GrupoTelevisa TV ... 1 4.82 –0.58 ...
539.13 430.16 Chemed CHE .3 30 503.50 –17.98 .38 D 45.14 9.40 EmergentBiosol EBS ... dd 9.69 –1.97 ... 17.80 10.61 FordMotor F 5.0 dd 12.10 –0.98 .65 37.91 28.00 GuarantyBcshrs GNTY 3.1 9 28.73 –2.05 .23
44.95 23.58 Chemours CC 3.2 9 31.21 –5.52 .25 100.00 72.41 EmersonElec EMR 2.5 26 82.17 –3.37 .52 10.67 9.72 ForestRoadII A FRXB ... 29 9.89 –0.08 ... 24.66 14.27 Guess GES 4.1 12 21.70 –0.24 .225
8.33 4.58 CherryHillMtg CHMI19.5 7 5.55 –1.19 .27 42.15 26.44 DCP Midstream DCP 4.1 9 41.74 +0.02 .43 10.06 6.24 EmpireStateRealty ESRT 1.8 35 7.66 –0.08 .035 18.24 10.28 Forestar FOR ... 4 14.10 –0.39 ... 97.32 52.08 Guidewire GWRE ... dd 71.50 –1.68 ...
142.76 105.79 ChesapeakeUtil CPK 1.7 25 123.81 –5.56 .535 7.57 3.81 DHI Group DHX ... 44 3.90 –0.42 ... 46.73 32.58 EmployersHldgs EIG 2.5 24 41.82 –1.87 .26 47.50 1.26 ForgeGlobal FRGE ... dd 1.66 –0.10 ... 12.91 7.18 GuildHldgs GHLD ... 2 11.08 –1.20 ...
189.68 132.54 Chevron CVX 3.8 9 159.67 –5.29 1.51 12.13 4.98 DHT DHT 4.2 30 11.52 –0.53 .38 10.51 3.88 EmpresaDisCom EDN ... dd 7.75 –1.01 ... 25.00 12.80 ForgeRock FORG ... dd 19.77 –0.48 ... 108.10 60.15 GulfportEnergy GPOR ... 4 75.26 –6.94 ...
52.88 22.22 ChewyA CHWY ... dd 38.80 –1.50 ... 10.50 4.66 DRDGOLD DRD ... 9 7.30 –0.12 ... 47.67 35.02 Enbridge ENB 7.0 37 37.84 –1.02.6655 51.66 34.76 Fortis FTS 4.4 18 38.53 –1.58.4211
7.31 3.80 Chico'sFas CHS ... 7 6.06 –0.28 ... 140.23 100.64 DTE Energy DTE 3.6 19 104.48 –4.87.9525 64.90 42.16 EncompassHealth EHC 1.1 20 53.38 –1.87 .15 69.78 52.47 Fortive FTV .4 31 64.42 –3.73 .07 H
12.73 4.91 ChimeraInvt CIM 17.0 dd 5.41 –0.95 .23 61.12 45.58 DT Midstream DTM 5.3 13 49.42 –2.34 .69 140.51 61.55 Endava DAVA ... 36 71.94 –8.58 ... 4.56 2.05 FortunaSilver FSM ... 24 3.18 –0.26 ...
10.78 3.90 ChinaGreenAg CGA ... dd 4.06 –0.17 ... 13.23 0.62 D-WaveQuantum QBTS ... dd .62 –0.17 ... 31.32 17.42 Endeavor EDR ... dd 23.06 –0.98 ... 74.73 45.25 FortuneBrands FBIN 1.6 11 57.08 –5.48 .23 279.02 164.47 HCA Healthcare HCA 1.0 13 246.60 –3.39 .60
73.92 27.65 HCI Group HCI 2.8 dd 58.17 +3.29 .40
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12.14 6.73 ChinaYuchai CYD 5.5 9 7.25 –1.14 .40 36.00 22.65 DXC Tech DXC ... 9 25.51 –3.38 ... 5.78 2.47 EndeavourSilver EXK ... 78 2.83 –0.25 ... 33.84 16.78 ForumEnergyTech FET ... dd 28.46 –2.42 ...
1754.56 1196.28 Chipotle CMG ... 48 1550.71 +40.71 ... 19.30 11.17 Dana DAN 2.8 dd 14.50 –1.80 .10 2.49 0.98 EnelChile ENIC 1.1 2 2.37 –0.01.0184 30.13 22.67 FourCornersProp FCPT 5.2 22 26.00 –1.65 .34 71.76 50.61 HDFC Bank HDB .8 22 64.42 –3.30.5805
150.41 104.15 ChoiceHotels CHH 1.0 20 117.58 –6.89.2875 303.82 233.71 Danaher DHR .5 25 239.75 –13.39 .27 7.66 3.86 Enerflex EFXT 1.2 dd 6.31 –0.50.0187 28.40 5.70 FourSeasonsEduc FEDU ... dd 8.86 –2.14 ... 66.19 34.17 HF Sinclair DINO 3.7 4 49.27 –4.29 .45
231.37 173.78 Chubb CB 1.7 16 198.40 –8.70 .83 107.47 51.10 Danaos DAC 5.4 2 55.50 –3.48 .75 37.89 24.81 Energizer ENR 3.6 dd 33.53 –3.88 .30 169.32 109.70 Franco-Nevada FNV 1.0 33 130.44 –6.34 .34 10.68 9.73 HH&L Acqn HHLA ... 44 10.28 +0.01 ...
44.91 32.90 ChunghwaTel CHT 3.1 24 38.26 –0.171.237 6.78 1.57 DanimerScientific DNMR ... dd 2.06 –0.41 ... 13.67 9.15 EnergyTransfer ET 9.7 9 12.60 –0.45 .305 16.20 10.34 FrankBSPRealty FBRT 11.6 dd 12.27 –1.17 .355 39.54 24.61 HNI HNI 4.6 10 28.06 –4.19 .32
105.28 70.16 Church&Dwight CHD 1.3 50 83.88 –0.34.2725 22.10 2.21 EnergyVault NRGV ... dd 2.70 –0.56 ... 54.70 34.00 FranklinCovey FC ... 34 45.53 –2.05 ... 41.47 24.08 HP HPQ 3.8 11 27.45 –1.16.2625
77.18 32.20 DaqoNewEnergy DQ ... 2 49.90 –2.12 ...
11.00 9.75 ChurchillCapV A CCV ... 24 11.00 +0.97 ... 28.57 16.09 EnerpacTool EPAC .1 73 27.10 –1.36 .04 34.37 20.24 FranklinRscs BEN 4.4 14 27.57 –2.02 .30 39.63 24.77 HSBC HSBC 4.5 10 35.31 –1.93 1.15
152.08 110.96 Darden DRI 3.3 20 143.97 –3.37 1.21
10.31 9.74 ChurchillVI A CCVI ... 24 10.07 +0.03 ... 19.23 11.00 Enerplus ERF 1.2 4 15.50 –1.01.0544 10.30 9.74 FreedomI A FACT ... 81 10.28 +0.02 ... 6.50 1.64 HUYA HUYA ... dd 3.99 –0.91 ...
87.59 55.71 DarlingIngred DAR ... 13 60.02 –3.90 ...
10.08 9.69 ChurchillVII A CVII ... 33 10.06 +0.02 ... 94.32 55.60 EnerSys ENS .8 25 83.53 –8.66 .175 51.99 24.80 FreeportMcM FCX 1.6 16 37.88 –5.85 .075 91.39 48.67 Haemonetics HAE ... 40 75.35 –2.65 ...
124.81 65.28 DaVita DVA ... 13 74.68 –7.33 ...
61.98 38.33 Ciena CIEN ... 41 49.53 +0.44 ... 11.20 4.81 Eneti NETI .4 4 9.66 –0.91 .01 34.65 12.79 FreseniusMed FMS 2.5 16 19.54 –0.04.7085 14.47 7.23 Hagerty HGTY ... dd 8.53 –0.52 ...
443.80 212.93 DeckersOutdoor DECK ... 22 412.32 –16.09 ...
340.11 224.22 Cigna CI 1.8 13 275.64 –11.33 1.23 16.76 7.80 Enfusion ENFN ... dd 10.35 +0.16 ... 32.49 22.63 FreshDelMonte FDP 2.0 15 30.49 –1.60 .15 8.50 5.59 Haleon HLN .8 27 7.68 –0.09.0577
448.40 283.81 Deere DE 1.3 15 395.93 –34.35 1.25
19.76 8.28 Cinemark CNK ... dd 12.85 –0.90 ... 22.65 15.01 EngageSmart ESMT ... cc 18.50 –1.24 ... 19.29 7.48 Frontline FRO 13.6 15 17.93 –1.05 1.07 43.99 23.30 Halliburton HAL 1.9 20 34.53 –4.36 .16
64.47 39.00 DelekLogistics DKL 7.9 14 51.79 +1.99 1.02
29.80 13.26 CircorIntl CIR ... dd 26.09 –3.40 ... 25.25 11.65 Enhabit EHAB ... 2 14.00 –0.79 ... 8.24 1.35 fuboTV FUBO ... dd 1.37 –0.32 ... 14.93 9.18 HamiltonBeach HBB 3.7 6 11.50 –1.39 .105
35.45 17.70 DelekUS DK 3.6 7 23.31 –2.43 .22
58.25 40.01 Citigroup C 4.2 7 48.34 –4.01 .51 23.48 16.55 Ennis EBF 4.7 13 21.25 –0.87 .25 10.18 4.12 FullTruck YMM ... cc 7.27 –0.95 ... 15.79 5.07 Hanesbrands HBI 11.8 dd 5.10 –0.72 .15
55.30 32.90 DellTechC DELL ... 11 36.72 –3.07 ... 49.71 21.56 HannonArmstrong HASI 5.7 61 27.65 –3.53 .395
50.94 32.66 CitizensFin CFG 4.9 8 34.44 –6.54 .42 46.27 27.20 DeltaAir DAL ... 18 37.25 –1.60 ... 55.54 25.80 EnovaIntl ENVA ... 7 45.87 –4.70 ... 81.41 57.36 FullerHB FUL 1.1 20 66.80 –5.41 .19
4.52 1.93 Citizens CIA ... 6 3.30 +0.24 ... 72.13 43.88 Enovis ENOV ... dd 53.85 –3.88 ... 10.35 9.73 FusionAcqnIIA FSNB ... 41 10.15 –0.02 ... 155.55 123.36 HanoverIns THG 2.5 40 129.61 –7.72 .81
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33.57 15.30 Deluxe DLX 6.9 11 17.32 –1.07 .30 51.77 29.80 HarleyDavidson HOG 1.7 8 39.76 –7.77 .165
18.35 7.54 CityOfficeREIT CIO 10.4 43 7.66 –0.85 .20 104.05 56.59 Denbury DEN ... 9 81.33 –5.61 ... 10.60 9.60 EnphysAcqnA NFYS ... 32 10.17 +0.03 ... 10.63 5.77 FutureFuel FF 3.0 16 8.13 –0.73 .06
36.88 22.00 Civeo CVEO ... dd 22.25 –1.53 ... 127.67 76.14 EnPro NPO 1.2 10 95.98 –15.43 .29 5.40 1.94 HarmonyGold HMY 1.0 19 3.16 –0.08.0274
19.38 8.90 DesignerBrands DBI 2.2 5 9.03 –1.05 .05
84.76 44.17 CivitasRscs CIVI 2.9 5 68.20 –4.87 1.65 126.82 94.94 Entergy ETR 4.3 19 100.62 –4.45 1.07 G 13.95 3.73 Harsco HSC ... dd 7.41 –0.96 ...
5.28 1.13 DesktopMetal DM ... dd 2.08 –0.17 ... 79.44 60.17 HartfordFinl HIG 2.4 13 70.20 –7.31 .425
17.51 7.85 Clarivate CLVT ... dd 10.00 –1.36 ... 12.50 4.44 Despegar.com DESP ... dd 5.75 –0.06 ... 28.65 22.90 EnterpriseProd EPD 7.7 10 25.60 –0.49 .49
21.09 11.53 ClarosMtg CMTG12.4 15 11.94 –1.65 .37 7.33 3.96 Entravision EVC 3.2 30 6.20 –0.49 .05 127.58 84.96 GATX GATX 2.1 24 102.68 –4.95 .55 38.85 22.77 HavertyFurn HVT 3.5 6 32.17 –3.79 .28
13.57 7.25 DeutscheBank DB 1.9 6 11.12 –1.36.1559 12.44 5.21 GEO Group GEO ... 7 8.39 –0.71 ... 37.62 24.55 HavertyFurn A HVT.A 3.2 6 32.01 –5.08 .26
140.69 81.56 CleanHarbors CLH ... 18 134.49 –1.98 ... 84.58 41.72 Envestnet ENV ... dd 56.65 –4.88 ...
79.40 48.86 DevonEnergy DVN 9.8 6 51.76 –4.91 .69 34.16 23.10 GFLEnvironmental GFL .1 dd 32.09 +0.59 .012 44.72 33.18 HawaiianElec HE 3.9 17 37.33 –2.69 .36
3.81 0.91 ClearChannelOutdr CCO ... dd 1.24 –0.35 ... 52.03 31.67 Envista NVST ... 28 37.44 –2.25 ...
212.33 160.09 Diageo DEO 2.1 22 169.46 –5.701.5287 62.19 36.10 GMS GMS ... 7 56.20 –5.56 ... 10.40 9.67 HawksAcqnA HWKZ ... dd 10.15 +0.02 ...
35.00 18.79 ClearSecure YOU .0 dd 26.05 –2.90 .25 91.06 31.27 Enviva EVA 11.2 dd 32.33 –6.94 .905
13.30 5.17 DiamondOffshore DO ... dd 11.28 –1.60 ... 7.94 2.00 GOL Linhas GOL .0 dd 2.81 +0.75.0023 18.18 7.97 Hayward HAYW ... 15 11.43 –0.82 ...
22.70 11.23 ClearwaterAnalytic CWAN ... dd 13.66 –3.03 ... 3.21 1.06 EnzoBiochem ENZ ... dd 1.11 +0.01 ...
11.15 7.18 Diamondrock DRH 1.5 18 8.24 –0.56 .03 47.82 28.47 GSK GSK 6.0 4 33.50 –1.16.3404 32.15 18.16 HealthcareRealty HR 7.7 cc 18.44 –1.32 .31
46.48 25.07 ClearwaterPaper CLW ... 13 35.40 –3.51 ... 243.79 145.98 Equifax EFX .8 34 193.14 –14.38 .39
6.89 3.36 DianaShipping DSX 20.8 3 4.08 –0.62 .15 10.32 9.75 GSquaredIIA GSQB ... 36 10.31 +0.04 ... 35.72 21.38 HealthpeakProp PEAK 5.6 24 21.42 –2.86 .30
38.65 27.59 ClearwayEnergyA CWEN.A 4.6 6 28.04 –1.96.3745 42.53 28.46 Equinor EQNR 2.6 3 29.79 –1.43 .20
152.61 63.45 Dick's DKS 1.3 14 146.27 +14.16 1.00 79.54 32.10 GXO Logistics GXO ... 28 46.35 –5.65 ... 10.86 9.78 HeartlandMediaA HMA ... 30 10.37 +0.03 ...
41.79 29.61 ClearwayEnergyC CWEN 4.9 6 29.73 –1.97.3745 33.24 24.61 Equitable EQH 2.9 6 27.26 –4.89 .20
34.04 11.83 Cleveland-Cliffs CLF ... 8 19.37 –3.42 ... 7.62 1.26 DieboldNixdorf DBD ... dd 2.72 –0.94 ... 202.37 148.24 Gallagher AJG 1.2 35 182.76 –6.27 .55 7.38 3.41 HeclaMining HL .3 dd 5.17 –0.37.0025
3.83 0.68 DigitalMedia DMS ... dd .70 –0.43 ... 9.90 5.64 EquitransMdstm ETRN10.5 dd 5.73 –0.54 .15
9.86 6.08 ClipperRealty CLPR 5.9 dd 6.42 –0.30 .095 28.84 19.49 EquityCommnwlth EQC .0 75 19.67 –0.93 4.25 49.85 15.41 GameStop GME ... dd 17.25 –1.45 ... 177.55 126.95 Heico HEI .1 65 167.78 –6.78 .10
2.15 0.55 CloopenGroup RAAS ... ... .62 –0.13 ... 153.50 85.76 DigitalRealty DLR 4.8 90 102.54 –3.46 1.22 4.87 1.25 Gannett GCI ... dd 2.45 –0.53 ... 140.60 102.33 Heico A HEI.A .2 51 132.49 –4.91 .10
30.66 10.39 DigitalBridge DBRG .3 dd 11.51 –0.83 .01 83.80 56.91 EquityLife ELS 2.8 42 63.52 –4.55.4475
160.59 120.50 Clorox CLX 3.1 43 150.13 –5.70 1.18 94.32 57.38 EquityResdntl EQR 4.3 28 58.47 –4.10 .625 5.49 0.64 GaotuTechedu GOTU ... cc 4.61 –0.55 ... 6.74 0.20 Heliogen HLGN ... dd .25 –0.08 ...
132.45 37.37 Cloudflare NET ... dd 52.72 –8.86 ... 63.17 23.38 DigitalOcean DOCN ... dd 33.00 –2.27 ... 15.53 7.79 Gap GPS 5.5 dd 10.87 –1.90 .15 83.00 48.27 HeliosTech HLIO .5 22 66.50 –5.84 .09
2.72 1.34 EquusTotReturn EQS ... ... 1.44 –0.13 ...
3.90 1.25 CN Finance CNF ... cc 2.25 +0.01 ... 417.86 193.00 Dillard's DDS .2 7 335.82 –25.06 .20 121.74 76.37 Garmin GRMN 3.1 19 95.04 –4.22 .73 9.16 2.47 HelixEnergy HLX ... dd 7.87 –0.86 ...
13.90 9.12 ErmenegildoZegna ZGN .7 ... 12.74 –0.70.0947
67.20 54.02 Coca-Cola KO 3.1 27 59.21 –0.23 .46 82.43 61.03 DineBrands DIN 3.0 14 67.89 –7.05 .51 358.25 221.39 Gartner IT ... 31 314.33 –19.48 ... 54.59 34.74 Helm&Payne HP 2.5 27 39.37 –5.46 .235
18.45 8.07 EroCopper ERO ... 11 16.83 –1.35 ...
79.16 50.60 Coca-Cola Femsa KOF 3.4 17 76.02 +1.831.3398 7.30 2.43 Dingdong DDL ... dd 4.28 –0.40 ... 16.44 9.40 GatesIndustrial GTES ... 17 13.47 –0.94 ... 34.78 12.04 Herbalife HLF ... 6 19.60 –1.02 ...
45.01 34.27 EssentGroup ESNT 2.5 5 39.83 –3.88 .25
5.40 2.54 CoeurMining CDE ... dd 2.85 –0.34 ... 10.53 9.97 DirectSellingA DSAQ ... 19 10.45 –0.01 ... 5.63 2.20 GatosSilver GATO ... dd 4.60 –0.09 ... 171.74 83.43 HercHoldings HRI 2.0 12 126.36 –19.04.6325
26.75 18.88 EssentialProp EPRT 4.6 24 24.04 –2.15 .275
88.21 52.34 Cohen&Steers CNS 3.5 19 64.91 –6.78 .57 121.17 87.64 DiscoverFinSvcs DFS 2.3 7 102.14 –12.63 .60 6.25 0.20 Gelesis GLS ... dd .24 –0.01 ... 19.09 11.16 HerculesCapital HTGC12.7 16 12.29 –2.97 .08
52.62 38.50 EssentialUtil WTRG 2.8 24 41.68 –0.33 .287
75.05 29.90 Coherent COHR ... dd 38.54 –5.49 ... 144.46 84.07 Disney DIS ... 51 93.57 –7.57 ... 27.15 11.92 GencoShipping GNK 11.8 5 16.96 –2.62 .50 7.37 1.12 HeritageInsurance HRTG 6.9 dd 3.47 –0.17 .06
363.36 205.24 EssexProp ESS 4.4 34 211.37 –20.81 2.31
83.81 67.84 ColgatePalm CL 2.6 34 71.31 –2.64 .47 10.21 9.71 dMYTechVI A DMYS ... 10 10.20 +0.03 ... 328.60 86.29 Generac GNRC ... 21 113.16 –13.44 ... 12.15 7.13 HershaHospitality HT 2.8 2 7.23 –1.23 .50
289.59 186.47 EsteeLauder EL 1.1 57 236.20 –17.03 .66
10.20 9.63 ColombierAcqnA CLBR ... 45 10.12 ... ... 88.06 61.55 DolbyLab DLB 1.3 43 80.25 –3.22 .27 256.86 207.42 GeneralDynamics GD 2.3 18 220.93 –10.11 1.32 244.38 201.42 Hershey HSY 1.7 30 237.74 –0.661.036
31.78 19.60 EthanAllen ETD 4.5 6 28.55 –1.04 .32
10.21 9.72 Colonnade II A CLAA ... cc 10.20 +0.02 ... 14.28 7.20 Dole DOLE 2.7 13 11.98 –0.31 .08 94.94 46.77 GeneralElec GE .4 dd 91.00 +4.62 .08 160.52 89.80 Hess HES 1.3 18 129.63 –11.53.4375
21.00 9.78 Euronav EURN .7 18 18.25 –0.77 .03
97.52 56.91 Comerica CMA 4.8 7 58.81 –10.59 .71 262.21 183.25 DollarGeneral DG 1.0 21 216.09 –1.60 .55 88.34 61.67 GeneralMills GIS 2.8 16 78.52 –1.08 .54 34.99 24.33 HessMidstream HESM 8.4 13 27.23 –1.23.5696
13.34 5.30 EveHolding EVEX ... dd 5.60 –0.80 ...
152.13 74.14 ComfortSystems FIX .5 21 140.98 –10.06 .175 2.66 0.34 Doma DOMA ... dd .40 –0.16 ... 46.74 30.33 GeneralMotors GM 1.0 6 36.52 –4.49 .09 17.66 11.90 HewlettPackard HPE 3.3 22 14.33 –0.95 .12
10.45 9.84 EVeMobilityA EVE ... cc 10.42 –0.01 ...
58.09 31.47 CommercialMetals CMC 1.3 5 47.91 –6.38 .16 88.78 53.02 DominionEner D 5.0 50 53.21 –2.73.6675 10.63 9.66 GenAsia I A GAQ ... 44 10.30 +0.06 ... 74.99 47.38 Hexcel HXL .7 46 68.41 –6.09 .125
15.75 5.30 Eventbrite EB ... dd 8.21 –1.06 ...
73.61 52.25 CommBkSys CBU 3.2 16 54.21 –5.45 .44 426.44 291.00 Domino's DPZ 1.6 24 300.16 –4.60 1.21 137.42 78.67 EvercoreA EVR 2.4 10 118.62 –13.74 .72 72.34 37.54 Genesco GCO ... 7 41.84 –6.23 ... 47.01 23.58 HighwoodsProp HIW 8.5 16 23.62 –3.57 .50
12.51 1.88 CommunityHlthSys CYH ... 16 5.26 –0.94 ... 66.96 46.00 Donaldson DCI 1.4 22 64.10 –2.79 .23 10.44 9.92 EverestConsolA MNTN ... dd 10.43 +0.03 ... 13.34 7.61 GenesisEnergy GEL 5.2 dd 11.50 –0.38 .15 53.54 36.16 Hillenbrand HI 1.9 16 45.35 –4.31 .22
43.88 30.38 CommunityHlthcr CHCT 5.0 43 35.17 –3.61.4475 50.38 24.60 DonnelleyFin DFIN ... 12 37.73 –4.12 ... 395.00 244.58 EverestRe RE 1.8 24 356.90 –25.87 1.65 13.25 6.10 GenieEnergy GNE 2.6 3 11.67 –0.20 .075 34.87 24.18 Hilltop HTH 2.1 18 29.97 –3.09 .16
12.04 7.45 SABESP SBS 1.4 11 9.69 –0.19.2004 130.20 41.37 DoorDash DASH ... dd 53.23 –4.11 ... 22.78 13.52 Everi EVRI ... 14 17.13 –1.87 ... 5.82 2.20 GeniusSports GENI ... dd 4.56 –0.30 ... 54.55 32.12 HiltonGrandVac HGV ... 15 45.08 –2.60 ...
4.00 2.45 EngGr-Cmg C CIG.C 7.8 10 2.99 +0.09.0386 23.51 12.75 DorianLPG LPG .0 6 21.24 –1.25 1.00 94.63 70.54 EversourceEner ES 3.7 18 72.88 –2.56 .675 48.85 37.68 Genpact G 1.2 24 44.75 –2.74.1375 167.99 108.41 Hilton HLT .4 31 140.55 –7.03 .15
2.62 1.82 EngGr-Cmg CIG 11.8 6 1.96 +0.03.0386 32.43 17.22 DoubleVerify DV ... 97 24.66 –3.05 ... 42.94 30.17 Evertec EVTC .6 10 33.94 –3.36 .05 187.73 121.55 GenuineParts GPC 2.3 20 162.99 –8.81 .95 12.04 2.72 Hims&HersHealth HIMS ... dd 8.97 –1.39 ...
8.25 5.71 COPEL ELP 13.1 cc 6.32 –0.16.2619 41.40 27.76 DouglasDynamics PLOW 3.6 20 33.07 –4.48 .295 39.78 21.83 EvolentHealth EVH ... dd 30.98 –4.82 ... 6.40 3.43 GenworthFin GNW ... 5 5.73 –0.51 ... 56.00 11.30 Hippo HIPO ... dd 13.28 –3.32 ...
5.81 2.20 CiaSiderurgica SID 13.4 14 3.05 –0.50.2015 8.49 3.39 DouglasElliman DOUG 5.9 dd 3.41 –0.93 .05 51.35 30.44 EvoquaWater AQUA ... 78 47.12 –2.09 ... 18.52 10.26 GeoPark GPRK 4.2 4 12.12 –1.51 .13 18.95 6.88 HireRight HRT ... 6 10.86 –0.34 ...
16.60 9.31 CerveceriasUnid CCU 3.1 16 15.57 –0.61.3084 34.70 12.47 DouglasEmmett DEI 6.0 23 12.61 –1.67 .19 31.13 18.31 ExcelerateEner EE .5 cc 20.51 –1.86 .025 6.66 3.94 Gerdau GGB .5 4 5.17 –0.48.0751 14.68 1.88 Holley HLLY ... 5 2.96 +0.63 ...
25.94 16.32 CompassDiversif CODI 5.4 dd 18.36 –2.44 .25 162.88 114.49 Dover DOV 1.4 20 145.80 –8.85 .505 4.11 0.80 Express EXPR ... dd .88 –0.15 ... 10.17 0.41 Getaround GETR ... dd .47 +0.01 ... 20.00 15.12 HollyEnergy HEP 7.7 10 18.16 –0.19 .35
8.35 1.84 Compass COMP ... dd 2.85 –0.56 ... 71.86 42.91 Dow DOW 5.2 9 53.88 –4.44 .70 24.04 8.82 Expro XPRO ... dd 20.61 –3.01 ... 37.88 4.51 GettyImages GETY ... dd 4.97 –0.97 ... 26.20 19.83 HomeBancShares HOMB 3.3 14 21.93 –2.29 .18
67.67 30.67 CompassMnlInt CMP 1.7 dd 35.34 –5.52 .15 54.69 22.91 Doximity DOCS ... 50 29.08 –5.36 ... 222.36 139.97 ExtraSpaceSt EXR 4.2 24 153.55 –15.56 1.62 36.49 24.66 GettyRealty GTY 5.0 18 34.53 –0.40 .43 347.25 264.51 HomeDepot HD 2.9 17 286.31 –12.14 2.09
10.43 9.74 ComputeHlthA CPUH ... 33 10.24 ... ... 58.28 49.59 DrReddy'sLab RDY .6 22 53.43 –0.86.3171 119.63 76.25 ExxonMobil XOM 3.4 8 107.78 –5.03 .91 10.50 9.94 GigCapital5 GIA ... dd 10.46 +0.05 ... 29.19 21.44 HondaMotor HMC 2.9 8 26.26 –0.44.4426
22.11 8.20 ComstockRscs CRK 4.6 3 10.80 –2.37 .125 23.09 8.17 DreamFinders DFH ... 5 12.07 –0.38 ... 39.91 25.67 Gildan GIL 2.4 11 31.11 –2.55 .186 42.62 32.21 HoraceMannEdu HMN 3.7 dd 35.04 –1.68 .33
41.30 30.06 ConagraBrands CAG 3.8 25 35.01 –0.83 .33 41.23 19.10 Dril-Quip DRQ ... cc 29.55 –6.25 ... F 4.91 1.19 GinkgoBioworks DNA ... dd 1.24 –0.15 ... 55.11 39.03 HormelFoods HRL 2.8 22 39.18 –1.45 .275
10.45 9.61 ConcordAcqnIIA CNDA ... 25 10.16 +0.07 ... 22.29 12.64 DuckhornPtf NAPA ... 32 15.43 +0.26 ... 59.70 38.57 GlacierBancorp GBCI 3.2 15 40.89 –5.57 .33 104.14 59.25 DR Horton DHI 1.1 6 94.10 +1.32 .25
10.41 9.89 ConcordAcqnIII A CNDB ... 18 10.36 +0.03 ... 58.28 38.89 Ducommun DCO ... 23 53.32 –2.51 ... 10.20 9.71 FastAcqnII A FZT ... cc 10.18 +0.01 ... 13.78 2.08 Glatfelter GLT .0 dd 3.21 –0.54 .14 102.36 74.18 HoulihanLokey HLI 2.4 23 87.78 –7.88 .53
2.20 1.03 ConcordMed CCM ... dd 1.34 –0.11 ... 116.33 83.76 DukeEnergy DUK 4.3 28 92.83 –2.561.005 35.00 9.03 F&GAnnuities FG 4.5 ... 17.75 –2.69 .20 64.49 33.33 Glaukos GKOS ... dd 45.36 –5.01 ... 78.20 33.20 Hovnanian HOV ... 2 65.03 –5.27 ...
155.51 71.09 Conmed CNMD .9 dd 90.36 –9.37 .20 18.05 11.22 Dun&Bradstreet DNB 1.8 dd 11.31 –1.00 .05 47.40 31.37 FB Financial FBK 1.8 12 32.79 –4.08 .15 7.60 3.49 GlobalBlue GB ... dd 6.00 –0.82 ... 105.51 50.90 HowardHughes HHC ... 20 75.36 –9.23 ...
138.49 78.30 ConocoPhillips COP 2.0 7 104.22 –4.42 .60 78.98 49.52 DuPont DD 2.0 6 70.34 –4.31 .36 15.15 0.79 F45Training FXLV ... dd 1.79 –0.54 ... 10.01 4.26 GlblBusTravel GBTG ... dd 6.38 –0.92 ... 44.37 29.84 HowmetAerospace HWM .4 37 40.84 –2.91 .04
102.21 78.10 ConEd ED 3.6 19 90.62 –0.07 .81 66.00 20.05 DutchBros BROS ... dd 31.41 –2.94 ... 23.93 5.55 Figs FIGS ... 53 5.90 –0.80 ... 30.72 20.52 GlobalIndemnity GBLI 3.4 dd 28.99 +0.49 .25 263.30 170.21 Hubbell HUBB 1.9 23 239.29 –13.75 1.12
10.65 9.75 ConstellationI A CSTA ... 37 10.28 +0.04 ... 122.13 76.21 DycomInds DY ... 21 99.24 –1.87 ... 140.99 98.24 FMC FMC 1.9 21 120.56 –7.84 .58 37.32 22.26 GlobalIndl GIC 3.1 12 25.74 –1.51 .20 527.06 245.03 HubSpot HUBS ... dd 369.70 –38.72 ...
261.52 208.12 ConstBrands A STZ 1.5 cc 212.00 –11.25 .80 4.49 2.08 DynagasLNG DLNG ... 2 2.94 –0.10 ... 14.71 10.48 FNB FNB 3.8 11 12.78 –1.42 .12 16.47 7.01 GlobalMedREIT GMRE 9.1 45 9.21 –0.91 .21 8.72 3.08 HudbayMinerals HBM .3 17 4.55 –0.85.0076
19.21 9.82 Constellium CSTM ... 7 14.91 –1.77 ... 49.55 29.41 Dynatrace DT ... cc 38.33 –5.03 ... 16.94 6.42 FreyrBattery FREY ... dd 7.46 –1.52 ... 16.01 9.82 GlobalNetLease GNL 12.3 dd 13.04 –1.42 .40 28.66 7.71 HudsonPacProp HPP 12.5 dd 7.97 –1.21 .25
8.93 3.83 ContainerStore TCS ... 4 3.93 –0.55 ... 17.06 10.60 DynexCapital DX 13.0 3 11.97 –1.11 .13 23.44 16.70 FS KKR Cap FSK 14.3 25 17.93 –2.01 .06 39.24 20.23 GlobalPtrs GLP 7.6 3 33.37 –1.58.9375 571.30 410.87 Humana HUM .7 22 479.66 –20.55 .885
 March 13, 2023 BARRON’S 45

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

NYSE Cumulative Daily Breadth vs DJIA

260.02 189.76 HuntingIngalls HII 2.4 14 207.96 –10.54 1.24 51.38 33.91 MethodeElec MEI 1.3 19 42.93 –7.22 .14 42.91 33.28 OGE Energy OGE 4.8 10 34.40 –1.40.4141
41.06 23.54 Huntsman HUN 3.5 13 27.29 –3.12.2375 77.36 57.41 MetLife MET 3.2 21 62.38 –7.95 .50 23.52 11.53 O-I Glass OI ... 6 21.17 –2.27 ...
125.07 70.12 HyattHotels H ... 27 110.71 –12.09 ... 107.35 42.86 MetropolitanBk MCB ... 8 43.76 –12.16 ... 92.26 68.86 ONE Gas OGS 3.5 18 74.34 –6.65 .65
4.73 2.06 Hyliion HYLN ... dd 2.30 –0.57 ... 1609.25 1065.55 Mettler-Toledo MTD ... 37 1433.25 –75.39 ... 75.07 50.50 ONEOK OKE 5.9 17 64.40 –3.45 .955
48.80 20.99 HysterYaleMatls HY 2.8 dd 45.58 –2.18.3225 217.64 141.13 MidAmApt MAA 3.8 27 149.05 –10.42 1.40 14.65 6.95 ON24 ONTF ... dd 7.28 –0.82 ...
Bank Shot: NYSE Composite breadth fell for the second time in three 32.10 21.00 MillerIndustries MLR 2.3 18 31.62 +3.24 .18 35.65 13.29 OakStreetHealth OSH ... dd 35.03 –0.46 ...
I 73.57 49.38 MineralsTechs MTX .3 16 58.26 –4.71 .05 77.13 51.53 OccidentalPetrol OXY 1.2 5 59.86 –1.39 .18
weeks, as stumbling bank stocks gave the S&P 500 its worst week 9.53 5.40 MirionTech MIR ... dd 7.83 –1.40 ... 55.04 30.30 OccidentalPetrolWt OXY.WT ... ... 38.23 –1.27 ...
44.07 31.50 IAA IAA ... 19 41.51 +0.32 ... 16.74 7.80 MisterCarWash MCW ... 24 8.36 –0.65 ... 22.26 7.25 OceaneeringIntl OII ... 75 19.04 –3.07 ...
23.75 17.07 ICICI Bank IBN .6 18 20.34 –0.89.1124 since September. Losing NYSE stocks outpaced winners, 7 to 1. 7.02 3.38 MistrasGroup MG ... 49 5.57 +0.17 ... 37.17 17.76 OcwenFinancial OCN ... 41 28.40 –3.08 ...
12.96 6.85 ICL Group ICL 2.2 4 6.93 –0.39.1383 7.71 4.31 MitsubishiUFJ MUFG 2.7 28 6.73 –0.46.1021 6.37 0.38 Offerpad OPAD ... dd .44 –0.17 ...
118.92 93.53 IDACORP IDA 3.1 20 101.68 –1.50 .79 Breadth DJIA 12.77 6.75 MiX Telematics MIXT 2.2 31 7.94 –0.78.0574 40.28 22.14 OilDriAmerica ODC 2.8 25 40.14 +1.94 .28
37.77 21.68 IDT IDT ... 18 33.10 +2.50 ... 3.30 2.10 MizuhoFin MFG 3.0 9 3.07 –0.14 .062 10.47 3.51 OilStatesIntl OIS ... dd 8.59 –1.80 ...
12.77 4.91 IHS Holding IHS ... dd 7.21 –0.71 ... 595,000 35,100 43.18 20.95 ModelN MODN ... dd 32.03 –1.54 ... 26.72 20.27 OldRepublic ORI 4.0 11 24.24 –1.75 .245
14.72 8.14 ING Groep ING 4.5 ... 12.98 –1.34.1737 26.90 7.67 ModineMfg MOD ... 18 23.97 –2.57 ... 67.25 41.33 Olin OLN 1.5 6 53.20 –7.00 .20
3.98 0.64 INNOVATE VATE ... dd 3.13 –0.29 ... 24.00 9.61 Modiv MDV 10.2 dd 11.25 –0.92.0958 14.29 5.74 Olo OLO ... dd 7.29 –0.50 ...
23.83 13.20 Invesco IVZ 4.6 11 16.41 –1.49.1875 589,400 33,800 50.23 33.12 Moelis MC 6.1 18 39.06 –4.04 .60 33.71 24.81 OmegaHealthcare OHI 9.8 16 27.44 +0.38 .67
254.94 165.75 IQVIA IQV ... 34 197.26 –23.56 ... 159.00 87.02 MohawkInds MHK ... cc 97.87 –8.56 ... 96.52 61.31 Omnicom OMC 3.2 14 87.46 –4.24 .70
7.10 3.16 IRSA IRS ... 3 5.93 –0.62 ...
95.18 63.77 ITT ITT 1.3 20 86.47 –7.36 .29
583,800 32,500 374.00 249.78 MolinaHealthcare MOH ... 19 261.35 –19.25 ... 29.18 15.44 OnHolding ONON ... ... 20.49 –2.28 ...
97.70 52.30 MolsonCoorsA TAP.A 3.0 dd 55.21 –10.29 .41 32.99 20.45 OneLiberty OLP 8.7 11 20.71 –2.15 .45
3.77 0.92 IamGold IAG ... dd 2.13 –0.23 ... 60.12 46.69 MolsonCoorsB TAP 3.1 dd 52.31 –1.15 .41 23.00 4.50 OneConnectFin OCFT ... dd 6.36 –0.55 ...
10.50 9.94 IconicSportsA ICNC ... 16 10.48 +0.01 ... 578,200 31,200 3.04 0.44 MoneyLion ML ... dd .57 –0.12 ... 50.80 28.77 OneMain OMF 10.5 5 38.24 –5.29 1.00
246.23 172.19 IDEX IEX 1.1 28 219.93 –8.31 .60 57.49 28.36 MontroseEnvl MEG ... dd 32.71 –4.46 ... 92.76 56.02 OntoInnovation ONTO ... 18 80.66 –5.08 ...
4.26 1.10 iHuman IH ... 18 3.27 –0.35 ... 346.22 230.16 Moody's MCO 1.1 38 285.09 –13.53 .77 16.77 10.82 Ooma OOMA ... dd 12.17 –1.00 ...
253.37 173.52 IllinoisToolWks ITW 2.3 24 230.27 –8.66 1.31 572,600 29,900 102.69 70.25 Moog A MOG.A 1.1 20 96.89 –5.43 .27 49.32 28.41 Oppenheimer A OPY 1.5 15 39.48 –5.06 .15
20.50 12.13 Imax IMAX ... dd 17.41 –1.36 ... Breadth 581,609 100.99 72.05 MorganStanley MS 3.4 15 90.05 –8.28 .775 4.30 1.84 OppFi OPFI ... 2 1.87 –0.24 ...
5.81 2.77 IndependenceContr ICD ... dd 3.41 –1.06 ... 79.28 40.29 Mosaic MOS 1.6 5 49.08 –8.06 .25 91.22 60.78 Oracle ORCL 1.5 28 84.07 –5.18 .32
28.42 15.04 IndepRealty IRT 3.4 32 16.66 –1.27 .14 567,000 28,600 10.42 9.81 MotiveCapII A MTVC ... cc 10.39 +0.02 ... 12.71 8.81 Orange ORAN 4.9 6 11.52 ....2352
60.00 37.17 IndustrsBachoco IBA 1.6 10 59.58 +5.14.4887 A M J J A S O N D J F M 275.16 195.18 MotorolaSol MSI 1.3 33 261.48 –5.08 .88 17.50 7.95 OrchidIsland ORC 19.1 dd 10.07 –0.89 .16
10.40 9.81 InfiniteAcqnA NFNT ... ... 10.40 +0.03 ... 41.75 27.72 Movado MOV 4.1 8 34.56 –0.50 .35 39.09 22.51 Organon OGN 4.9 6 22.68 –1.88 .28
10.65 9.91 InFinTAcqnA IFIN ... dd 10.57 +0.02 ... In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is
76.00 50.05 MuellerIndustries MLI 1.7 6 71.65 –3.71 .30 26.91 12.87 OrionEngCarbons OEC .3 14 24.53 –2.16.0207
23.87 14.96 Informatica INFA ... dd 15.74 –1.26 ... added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we 3.35 2.10 OrionGroup ORN ... dd 2.76 +0.01 ...
14.62 9.90 MuellerWater MWA 1.9 26 13.11 –0.98 .061
25.21 16.39 Infosys INFY 1.3 25 17.68 –0.50.2013 plot. Dec. 31, 1985 =1000. 6.19 0.87 MultiPlan MPLN ... dd 1.07 –0.03 ... 18.21 6.74 OrionOffice ONL 5.9 dd 6.76 –1.19 .10
60.39 39.28 IngersollRand IR .1 38 55.74 –3.73 .02 51.29 25.97 MurphyOil MUR 3.0 6 36.66 –4.90 .275 102.68 68.78 Orix IX 3.3 9 87.02 –4.431.5643
90.81 58.44 Ingevity NGVT ... 13 71.42 –10.27 ... 323.00 175.00 MurphyUSA MUSA .6 9 253.26 –5.99 .37 101.81 67.28 OrmatTech ORA .6 74 86.11 –1.11 .12
105.24 78.81 Ingredion INGR 3.0 13 95.88 –4.56 .71 26.49 16.08 MyersIndustries MYE 2.6 12 20.52 –0.73 .135 10.53 2.05 OscarHealth OSCR ... dd 3.93 –1.03 ...
211.17 78.72 InnovativeIndProp IIPR 9.0 15 80.03 –7.31 1.80 –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 111.19 69.30 Oshkosh OSK 2.0 34 82.96 –9.50 .41
7.20 1.05 Innovid CTV ... dd 1.28 –0.41 ... N 11.43 3.84 OsiskoDevelopment ODV ... dd 3.97 –0.43 ...
10.40 9.76 InsightAcqnA INAQ ... 27 10.21 ... ... 20.20 15.78 KinderMorgan KMI 6.6 15 16.77 –0.88.2775 12.54 2.64 LumenTech LUMN .0 dd 2.68 –0.49 .25
14.50 9.20 OsiskoGold OR 1.2 cc 13.03 –0.59.0406
125.95 86.30 Insperity NSP 1.8 25 118.56 –4.83 .52 44.99 27.80 Kinetik KNTK 9.5 22 31.63 +0.18 .75 3.25 1.84 LumentFinance LFT 12.0 10 2.00 –0.12 .06 63.19 29.32 NACCO Inds NC 2.3 4 36.68 –2.72.2075 87.33 62.49 OtisWorldwide OTIS 1.4 28 82.15 –4.78 .29
282.31 142.74 InspireMedical INSP ... dd 229.06 –35.20 ... 10.60 5.13 KingswayFin KFS ... 7 9.79 –0.26 ... 19.95 12.71 Luxfer LXFR 3.4 16 15.30 –0.80 .13 12.72 8.12 N-able NABL ... cc 11.61 –0.84 ... 5.00 0.76 Ouster OUST ... dd .93 –0.19 ...
121.60 69.44 InstalledBldg IBP 1.2 14 109.29 –11.54 .90 6.34 3.00 KinrossGold KGC 3.4 dd 3.50 –0.25 .03 117.22 71.46 LyondellBasell LYB 5.4 8 88.93 –8.31 1.19 43.80 18.06 NCR NCR ... 75 22.60 –3.18 ... 29.36 14.97 OutfrontMedia OUT 7.5 20 15.90 –1.49 .30
47.70 24.00 InsteelInds IIIN .4 5 27.50 –3.19 .03 337.12 196.00 KinsaleCapital KNSL .2 43 294.19 –22.63 .14 4.03 1.00 NGL Energy NGL ... dd 3.44 –0.09 ...
M 3.95 1.90 OverseasShip OSG ... 13 3.75 –0.07 ...
31.47 15.68 Instructure INST ... dd 23.45 –1.84 ... 76.34 55.03 Kirby KEX ... 35 70.64 –5.00 ... 24.43 8.31 NIO NIO ... dd 8.51 –1.06 ... 63.30 37.27 Ovintiv OVV 2.6 3 39.18 –6.91 .25
88.58 50.05 IntegerHoldings ITGR ... 37 73.14 –3.86 ... 23.35 16.42 KiteRealty KRG 4.5 dd 20.26 –1.54 .24 10.71 6.06 NL Industries NL 4.3 9 6.45 –0.92 .07
193.42 124.47 M&T Bank MTB 3.9 11 131.72 –20.82 1.30 47.24 13.28 Owens&Minor OMI ... 47 13.33 –3.57 ...
10.75 9.90 IntegratedRailA IRRX ... 36 10.50 +0.06 ... 64.35 42.50 Knight-Swift KNX 1.0 12 56.18 –3.02 .14 24.83 13.98 NOV NOV 1.0 52 20.20 –2.98 .05
16.68 8.91 MBIA MBI ... dd 10.92 –1.54 ... 105.62 72.97 OwensCorning OC 2.2 7 93.32 –7.95 .52
10.85 9.93 IntegratedWellA WEL ... dd 10.45 +0.07 ... 11.30 9.84 KnightSwanA KNSW ... ... 10.38 +0.02 ... 14.86 8.79 NOW DNOW ... 10 11.57 –1.91 ...
43.88 27.04 MDC Holdings MDC 5.6 5 35.49 –1.62 .50 15.33 10.18 OwlRock ORCC10.8 10 12.18 –1.35 .33
137.40 88.60 ICE ICE 1.8 37 95.39 –7.09 .42 18.85 5.37 KnotOffshore KNOP 1.7 ... 6.11 –0.55 .026 47.82 30.64 NRG Energy NRG 4.8 7 31.63 –2.01.3775 5.35 0.30 Owlet OWLT ... dd .41 –0.02 ...
22.93 11.57 Knowles KN ... dd 16.27 –0.97 ... 32.53 24.92 MDU Rscs MDU 3.0 17 29.85 –1.79.2225
72.10 47.06 InterContinentl IHG 1.9 32 67.06 –2.26 .945 17.16 7.15 MFA Financial MFA 14.7 dd 9.51 –1.10 .35 5500.00 3576.01 NVR NVR ... 11 5235.47 –11.63 ... 123.37 77.81 OxfordIndustries OXM 2.0 11 110.97 –9.50 .55
37.64 19.65 IntercorpFinSvcs IFS ... 6 22.42 –1.86 ... 63.74 23.38 Kohl's KSS 8.1 dd 24.83 –3.11 .50 10.51 9.93 NaborsEnerA NETC ... cc 10.48 +0.03 ...
32.21 11.75 Philips PHG 4.7 dd 16.40 –0.34.9641 15.76 11.38 MGIC Investment MTG 3.1 5 12.90 –1.01 .10
153.21 115.55 IBM IBM 5.3 71 125.45 –4.19 1.65 207.67 92.66 NaborsIndustries NBR ... dd 133.44 –27.18 ... PQ
53.83 30.98 KontoorBrands KTB 3.8 12 50.58 –2.38 .48 46.24 26.41 MGM Resorts MGM .0 13 42.68 –3.23.0025
135.17 83.14 IntlFlavors IFF 3.8 dd 84.64 –9.14 .81 64.68 34.33 MI Homes MHO ... 3 58.08 –2.04 ... 50.00 34.77 NatlBankHoldings NBHC 2.7 17 36.80 –3.56 .25
38.42 20.11 Koppers KOP .7 11 33.59 –3.96 .06 75.97 55.06 NationalFuelGas NFG 3.4 8 55.34 –3.45 .475 49.00 19.23 PBF Energy PBF 1.8 2 44.28 –3.79 .20
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27.82 15.01 IntlGameTech IGT 3.4 18 23.83 –3.37 .20 19.49 4.45 MinisoGroup MNSO .0 37 18.44 –0.85 .152
50.23 30.69 IntlPaper IP 5.2 7 35.52 –2.25.4625 10.18 5.76 KoreaElecPwr KEP ... dd 6.58 –0.32 ... 80.20 47.22 NationalGrid NGG 5.0 11 62.44 +0.141.0307 16.83 9.64 PG&E PCG ... 18 15.83 –0.52 ...
69.02 46.47 KornFerry KFY 1.1 12 54.77 –1.41 .15 5.01 1.41 MOGU MOGU ... ... 2.56 +0.26 ... 23.89 15.42 PGT Innovations PGTI ... 13 21.17 –1.44 ...
53.25 15.79 IntlSeaways INSW 1.0 6 47.46 –5.42 1.88 35.49 27.47 MPLX MPLX 9.0 9 34.60 –0.31 .775 67.16 50.22 NatlHealthInv NHI 7.0 35 51.25 –2.64 .90
39.52 25.14 Interpublic IPG 3.7 14 33.77 –1.93 .31 8.55 4.64 KosmosEnergy KOS ... 15 6.99 –1.04 ... 81.50 59.99 NatlPrestoInds NPK 1.4 24 73.69 +0.41 3.00 4.98 2.46 PHX Minerals PHX 3.4 6 2.63 –0.37.0225
62.78 41.82 Kroger KR 2.2 15 47.10 +1.12 .26 60.19 23.50 MP Materials MP ... 20 29.34 –4.62 ... 83.17 58.23 PJT Partners PJT 1.4 21 73.67 –4.24 .25
121.72 27.23 IntrepidPotash IPI ... 5 29.03 –4.52 ... 13.90 7.03 MRC Global MRC ... 17 9.93 –1.87 ... 48.76 38.05 NatlRetailProp NNN 5.1 23 42.85 –3.05 .55
32.93 20.82 InvenTrust IVT 3.8 28 21.51 –1.65.2052 19.78 8.48 KronosWorldwide KRO 8.3 10 9.16 –2.61 .19 67.44 34.90 NatlStorage NSA 5.4 41 40.44 –4.14 .55 39.00 20.20 PLDT PHI 5.1 8 23.22 –1.14.8451
4.25 0.33 KukeMusic KUKE ... dd 1.05 –0.04 ... 146.33 108.75 MSA Safety MSA 1.4 29 133.15 –2.51 .46 199.43 132.30 PNC Fin PNC 4.4 10 137.16 –15.73 1.50
24.00 9.60 InvescoMtg IVR 23.7 dd 10.98 –1.24 .65 572.50 376.41 MSCI MSCI 1.1 49 522.27 –14.40 1.38 12.34 3.61 Natura&Co NTCO .8 dd 5.59 +0.08.0492
9.18 1.36 Invitae NVTA ... dd 1.41 –0.44 ... 17.21 7.93 Kyndryl KD ... dd 14.60 –1.15 ... 15.00 9.11 NaturalGasSvcs NGS ... dd 10.58 –0.50 ... 49.60 43.43 PNM Resources PNM 3.0 25 49.00 +0.08.3675
90.04 71.33 MSC Industrial MSM 3.8 13 82.24 –3.70 .79 66.18 36.53 POSCO PKX 4.0 8 60.28 –4.33 .971
44.36 28.52 InvitatHomes INVH 3.4 63 30.26 –1.57 .26 24.25 8.00 NaturalGrocers NGVC 3.6 15 11.00 –0.16 .10
L 10.56 9.44 M3-Brigade II A MBAC ... 16 9.96 –0.05 ... 138.10 107.06 PPG Ind PPG 2.0 29 126.00 –11.46 .62
15.44 3.04 IonQ IONQ ... dd 4.56 –0.47 ... 10.38 9.85 M3-BrigadeIII A MBSC ... dd 10.32 +0.01 ... 65.72 34.83 NaturalResPtrs NRP 5.2 5 58.12 –5.25 2.43
58.61 43.33 IronMountain IRM 4.8 27 51.33 –3.30.6185 14.00 4.40 Natuzzi NTZ ... 8 5.46 +0.06 ... 31.74 23.47 PPL PPL 3.7 27 26.25 –1.14 .24
139.89 89.28 LCI Inds LCII 4.0 7 105.67 –9.12 1.05 16.41 9.24 MV Oil MVO 20.5 6 10.81 –1.72 .41 31.28 12.11 ProgHoldings PRG ... 13 24.70 –1.65 ...
4.87 0.20 IronNet IRNT ... dd .34 –0.15 ... 8.53 4.08 LG Display LPL 3.5 dd 5.62 –0.33 .231 15.90 6.25 Mytheresa MYTE ... dd 6.41 –1.99 ... 7.80 4.71 NatWest NWG 4.7 8 6.80 –0.40.3958
19.38 6.44 iStar STAR 7.2 dd 6.90 –0.81.0973 4.56 1.23 Nautilus NLS ... dd 1.52 –0.21 ... 10.39 9.84 ProofAcqnIA PACI ... cc 10.39 +0.07 ...
16.08 3.86 LL Flooring LL ... dd 3.91 –0.59 ... 16.67 7.40 Macerich MAC 6.4 dd 10.68 –1.41 .17 35.12 18.09 PROS PRO ... dd 24.91 –2.20 ...
3.94 2.50 ItauCorpBanca ITCB 3.1 5 3.59 –0.01 .165 15.21 9.81 NavigatorHldgs NVGS ... dd 12.81 –1.23 ...
27.45 11.36 LSB Inds LXU ... 4 11.84 –2.67 ... 28.06 15.10 Macy's M 3.4 5 19.59 –3.07.1654 13.78 9.25 P10 PX 1.2 45 9.62 –1.16 .03
6.07 3.90 ItauUnibanco ITUB ... 8 4.56 –0.04 ... 4.78 1.53 NaviosMaritime NM ... dd 2.20 –0.63 ...
45.49 32.23 LTC Properties LTC 6.7 14 33.78 –1.62 .19 84.57 38.98 MSG Entertainment MSGE ... dd 56.88 –4.56 ... 94.51 43.49 PVH PVH .2 12 74.99 –8.24.0375
99.49 72.94 Nelnet NNI 1.2 9 90.43 –0.78 .26
264.71 189.73 L3HarrisTech LHX 2.2 37 203.37 –10.79 1.14 196.47 136.61 MSG Sports MSGS .0 84 187.11 –8.15 7.00
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

J 5.61 1.59 NerdyA NRDY ... dd 3.26 –0.23 ... 168.50 110.56 PackagingCpAm PKG 3.8 12 132.42 –9.92 1.25
16.11 8.81 LXP Industrial LXP 5.1 26 9.88 –0.62 .125 60.55 44.79 MagellanMid MMP 7.9 11 53.04 –0.841.0475 38.75 19.51 PagerDuty PD ... dd 26.86 –3.88 ...
23.72 17.07 Netstreit NTST 4.3 cc 18.74 –1.26 .20
10.75 9.84 JattAcqnA JATT ... 49 10.40 +0.01 ... 33.06 21.92 La-Z-Boy LZB 2.5 7 29.41 –2.47.1815 68.92 45.58 MagnaIntl MGA 3.5 26 52.51 –4.58 .46 22.28 7.51 PagSeguroDig PAGS ... 10 8.27 –0.65 ...
78.90 29.60 Nevro NVRO ... dd 30.19 –4.24 ...
30.10 15.33 JBG SMITH Prop JBGS 5.8 23 15.42 –0.64 .225 281.22 200.32 LabCorp.ofAmerica LH 1.3 16 222.58 –16.77 .72 20.64 8.45 Magnachip MX ... dd 9.39 –0.20 ... 14.86 5.84 PalantirTech PLTR ... dd 7.35 –0.98 ...
53.53 38.07 NewJerseyRscs NJR 3.1 17 49.63 –1.72 .39
24.35 8.38 JELD-WEN JELD ... 24 12.65 –1.13 ... 12.70 8.67 LadderCapital LADR 9.3 9 9.91 –1.22 .23 30.31 18.01 MagnoliaOil MGY 2.0 4 20.81 –2.43 .115 36.87 18.71 PampaEnergia PAM ... 4 29.58 –2.91 ...
46.63 8.40 NewOrientalEduc EDU ... dd 40.41 –4.90 ...
30.36 12.47 J.Jill JILL ... 9 26.71 –1.30 ... 102.77 49.71 LambWeston LW 1.1 30 97.63 –4.35 .28 10.23 9.74 MagnumOpusA OPA ... 27 10.23 +0.02 ... 29.89 11.66 ParPacific PARR ... 5 27.57 –2.24 ...
80.88 41.66 NewRelic NEWR ... dd 71.07 –4.23 ...
144.34 101.28 JPMorganChase JPM 3.0 11 133.65 –10.01 1.00 3.72 1.54 Lannett LCI ... dd 1.90 –0.24 ... 45.67 31.66 MainStreetCap MAIN 7.1 12 37.98 –4.29 .225 47.03 20.37 ParTechnology PAR ... dd 32.62 –3.20 ...
11.37 7.20 NY CmntyBcp NYCB 9.2 6 7.37 –1.26 .17
85.70 48.80 Jabil JBL .4 12 81.91 –3.36 .08 22.81 4.19 Lanvin LANV ... 15 5.05 –0.80 ... 27.34 10.41 ManchesterUnited MANU .9 dd 20.09 –1.25 .09 21.49 12.35 Paragon28 FNA ... dd 16.93 –0.68 ...
47.67 27.59 NYTimes A NYT 1.2 35 36.48 –2.86 .11
10.72 9.79 JacksonAcqnA RJAC ... 14 10.26 +0.01 ... 60.99 28.88 LasVegasSands LVS ... dd 56.21 –4.59 ... 20.20 7.53 Manitowoc MTW ... dd 17.75 –1.81 ... 11.16 4.78 ParamountGroup PGRE 6.4 dd 4.82 –0.45.0775
370.59 280.28 NewMarket NEU 2.5 12 340.03 –13.09 2.10
49.60 23.56 JacksonFinl JXN 6.2 1 40.02 –4.08 .62 43.44 30.21 Lazard LAZ 5.8 10 34.29 –3.73 .50 101.53 64.00 Manpower MAN 3.4 11 80.89 –4.74 1.36 16.92 10.08 ParkAerospace PKE 3.7 35 13.60 –3.16 .125
86.37 37.45 Newmont NEM 3.8 dd 42.16 –2.54 .40
150.32 106.78 JacobsSolns J .9 23 115.11 –8.26 .26 158.44 114.67 Lear LEA 2.3 25 135.06 –7.59 .77 21.86 14.92 ManulifeFinl MFC 4.7 7 18.75 –1.42.2703 20.58 10.92 ParkHotels PK 2.2 17 12.46 –1.61 .13
4.91 2.38 NewparkResources NR ... dd 4.53 –0.28 ...
34.86 17.25 JamesHardie JHX 1.1 19 20.23 –0.74 .30 10.42 9.80 LearnCWInvtA LCW ... 18 10.27 +0.02 ... 33.42 19.42 MarathonOil MRO 1.5 5 23.97 –2.56 .10 364.57 230.44 ParkerHannifin PH 1.6 35 338.47 –21.38 1.33
10.54 4.27 NexaResources NEXA .0 16 5.92 –0.67.1888
36.27 19.09 JanusHenderson JHG 6.1 12 25.48 –1.93 .39 41.94 30.28 Leggett&Platt LEG 5.5 14 31.78 –2.98 .44 136.46 73.18 MarathonPetrol MPC 2.3 4 128.55 –4.95 .75 50.15 34.46 Parsons PSN ... 51 43.19 –2.22 ...
6.56 3.39 NexGenEnergy NXE ... dd 3.89 –0.51 ...
12.24 7.95 JanusIntl JBI ... 17 10.14 –0.73 ... 111.12 87.24 Leidos LDOS 1.6 19 92.50 –4.80 .36 58.33 31.11 Marcus&Millichap MMI 1.6 12 32.15 –3.35 .25 402.78 255.82 PaycomSoftware PAYC ... 56 273.28 –18.26 ...
25.98 14.16 NexPointRealEst NREF12.0 37 16.61 –1.43 .185
10.47 9.75 JawsMustangA JWSM ... 28 9.99 –0.04 ... 10.70 1.11 LejuHoldings LEJU ... dd 1.11 –0.05 ... 18.23 13.41 Marcus MCS 1.3 dd 15.39 –0.61 .05 22.45 6.75 Paymentus PAY ... ... 7.50 –1.18 ...
95.04 38.67 NexPointResidentl NXRT 3.9 dd 43.28 –4.65 .42
40.68 24.72 JefferiesFin JEF 3.6 11 33.02 –4.33 .30 32.97 12.75 Lemonade LMND ... dd 13.52 –2.06 ... 14.45 2.10 MariaDB MRDB ... 9 2.34 +0.18 ... 6.74 1.82 Nextdoor KIND ... dd 1.91 –0.09 ... 45.00 11.29 Paysafe PSFE ... dd 19.14 –1.22 ...
2.22 0.93 JianpuTech JT ... ... 1.85 –0.10 ... 17.48 7.62 LendingClub LC ... 3 7.63 –1.77 ... 14.55 7.75 MarineProducts MPX 4.3 11 12.97 –0.55 .14 91.35 67.22 NextEraEnergy NEE 2.6 35 73.01 –0.82.4675 33.29 17.42 PeabodyEnergy BTU ... 3 25.70 –2.33 ...
76.92 36.51 JinkoSolar JKS ... cc 48.98 –7.24 ... 109.28 62.54 Lennar A LEN 1.5 6 97.38 –0.23 .375 47.36 27.40 MarineMax HZO ... 4 31.04 –3.12 ... 12.50 6.66 NexTierOilfield NEX ... 7 8.97 –1.09 ... 12.03 8.84 Pearson PSO 2.5 25 10.17 –0.40.8062
7.15 3.15 JobyAviation JOBY ... dd 3.96 –0.60 ... 91.00 52.67 Lennar B LEN.B 1.8 5 81.75 –0.65 .375 1519.25 1064.09 Markel MKL ... dd 1262.31 –82.04 ... 98.20 67.12 NicoletBankshares NIC ... 10 68.73 –7.24 ... 26.14 12.54 PebblebrookHotel PEB .3 dd 13.88 –1.01 .01
126.75 81.59 JohnBeanTech JBT .4 26 105.02 –9.09 .10 279.31 182.85 LennoxIntl LII 1.7 18 245.29 –17.05 1.06 4.39 0.78 Markforged MKFG ... dd 1.08 –0.45 ... 139.86 82.22 Nike NKE 1.2 33 117.49 –3.45 .34 24.67 14.15 PediatrixMedical MD ... 18 14.49 –1.46 ...
186.69 150.71 J&J JNJ 3.0 22 151.61 –2.41 1.13 10.60 9.77 LeoHldgsII A LHC ... 48 10.41 –0.01 ... 165.85 110.08 MarriottVacations VAC 2.0 16 142.91 –11.06 .72 17.10 2.03 NineEnergy NINE ... 16 6.86 –3.72 ... 10.77 9.85 PegasusDigA PGSS ... 32 10.41 +0.02 ...
69.60 45.52 JohnsonControls JCI 2.3 34 61.46 –3.75 .36 21.42 13.57 LeviStrauss LEVI 2.9 11 16.10 –1.72 .12 183.14 143.33 Marsh&McLen MMC 1.5 26 157.20 –6.47 .59 32.59 23.78 NiSource NI 3.7 16 26.71 –0.99 .25 42.74 29.64 PembinaPipeline PBA 5.9 8 32.81 –1.40.4816
249.40 135.35 JonesLang JLL ... 12 154.09 –19.76 ... 9.48 4.48 Li-Cycle LICY ... dd 5.19 –0.71 ... 406.85 284.99 MartinMarietta MLM .8 25 341.02 –24.60 .66 28.50 11.78 NoahHoldings NOAH ... 7 18.08 –1.80 ... 8.02 5.33 PennantPark PNNT13.8 dd 5.37 –0.34 .185
12.53 2.92 JumiaTech JMIA ... dd 2.97 –0.47 ... 20.05 10.71 LibertyEnergy LBRT 1.4 7 14.37 –2.03 .05 58.18 42.33 Masco MAS 2.3 14 50.10 –2.80 .285 45.50 22.64 Noble NE ... 32 39.88 –4.64 ... 73.79 38.53 PennyMacFin PFSI 1.4 7 57.82 –5.16 .20
10.78 9.86 JuniperII A JUN ... 28 10.34 +0.02 ... 151.76 94.02 LifeStorage LSI 4.1 28 117.99 –9.38 1.20 101.75 65.71 MasoniteIntl DOOR ... 9 87.00 –4.66 ... 5.60 4.08 Nokia NOK 1.2 6 4.69 –0.13.0218 17.24 10.78 PennyMacMtg PMT 13.2 dd 12.08 –1.05 .40
38.14 25.18 JuniperNetworks JNPR 2.9 22 30.80 +0.12 .22 20.35 8.75 LifeTime LTH ... dd 17.25 –1.60 ... 103.50 62.36 MasTec MTZ ... cc 96.02 –6.17 ... 23.57 12.50 NomadFoods NOMD ... 12 17.49 –0.30 ... 155.36 90.23 PenskeAuto PAG 1.6 8 141.85 –2.72 .61
1.70 0.73 LightInTheBox LITB ... cc 1.16 –0.04 ... 15.00 7.17 MasterBrand MBC ... ... 9.02 –0.98 ... 4.54 3.00 Nomura NMR 3.2 14 3.93 –0.16.0324 60.85 38.55 Pentair PNR 1.7 18 52.68 –3.81 .22
K 6.05 0.29 Lightng eMotors ZEV ... 1 .56 –0.11 ... 390.00 276.87 Mastercard MA .7 34 347.11 –14.39 .57 4.65 1.74 NordicAmTankers NAT 5.9 73 4.22 –0.32 .15 274.71 114.87 Penumbra PEN ... dd 246.09 –15.29 ...
34.14 12.71 Lightspeed LSPD ... dd 14.06 –1.57 ... 73.78 41.17 MatadorRscs MTDR 1.2 5 51.00 –6.83 .15 29.59 15.53 Nordstrom JWN 4.2 12 18.24 –1.56 .19 21.03 4.90 Perfect PERF ... dd 5.70 –1.90 ...
19.05 11.15 KAR Auction KAR ... dd 13.53 –0.66 ... 384.44 265.07 EliLilly LLY 1.4 46 315.02 –3.41 1.13 118.20 64.89 Materion MTRN .5 26 107.02 –10.57 .125 291.55 203.65 NorfolkSouthern NSC 2.4 15 210.45 –17.94 1.35 63.13 38.23 PerformanceFood PFGC ... 32 54.60 –3.23 ...
50.32 30.14 KB Financial KB 6.4 4 37.12 –1.83.3829 69.91 25.51 LincolnNational LNC 7.0 dd 25.66 –5.75 .45 30.70 18.29 Mativ MATV 6.7 cc 23.87 –2.33 .40 18.00 9.20 NorthAmConstr NOA 1.8 10 16.74 –0.81.0588 10.20 9.72 PeridotAcqnIIA PDOT ... 37 10.18 ... ...
40.92 24.78 KB Home KBH 1.7 4 34.62 –1.14 .15 362.74 262.47 Linde LIN 1.5 41 341.54 –20.841.275 125.34 58.06 Matson MATX 2.0 2 61.96 –4.34 .31 20.72 10.44 NoEuroOil NRT 21.5 5 11.98 +0.13 1.00 12.46 6.58 PerimeterSolns PRM ... 24 7.76 –0.88 ...
58.00 41.96 KBR KBR 1.0 44 53.04 –2.37 .135 183.08 116.77 Lindsay LNN .9 21 144.27 –13.47 .34 12.36 8.27 MauiLand MLP ... 32 9.22 +0.05 ... 10.20 9.71 NorthernGenIII NGC ... 38 10.16 +0.02 ... 184.75 113.46 PerkinElmer PKI .2 27 120.23 –11.11 .07
21.08 7.31 KE Holdings BEKE ... dd 17.05 –2.72 ... 9.21 1.83 LionElectric LEV ... 23 2.11 –0.20 ... 51.93 17.51 MaxarTech MAXR .1 dd 50.90 –0.40 .01 39.10 21.45 NorthernOil&Gas NOG 4.5 4 30.46 –3.29 .34 25.99 11.23 PermianBasin PBT 4.9 21 23.59 –1.64.0414
62.29 41.77 KKR KKR 1.2 dd 50.31 –6.65 .155 16.75 5.46 LionsGate A LGF.A ... dd 9.20 –1.29 ... 85.25 54.46 Maximus MMS 1.5 25 76.70 –5.88 .28 10.55 9.71 NorthernStrIII A NSTC ... 28 10.14 –0.02 ... 12.05 5.08 PermianRscs PR 1.9 7 10.74 –1.12 .05
21.17 12.19 KKR RealEstFin KREF 14.1 54 12.24 –1.96 .43 15.47 5.19 LionsGate B LGF.B ... dd 8.63 –1.21 ... 16.66 5.95 MayvilleEngg MEC ... 15 14.12 –1.18 ... 10.74 9.72 NorthernStrIV A NSTD ... 29 10.01 –0.11 ... 5.79 2.38 PermianvilleRT PVL 18.7 7 2.42 –0.23.0192
6.32 1.23 KoreGroup KORE ... dd 1.33 –0.28 ... 341.00 180.00 LithiaMotors LAD .7 6 246.02 –15.84 .42 104.96 68.01 McCormickVtg MKC.V 2.2 29 72.42 –0.38 .39 556.27 416.23 NorthropGrum NOC 1.5 15 459.78 –7.60 1.73 10.65 6.38 PermRock PRT 14.4 7 6.93 –0.08.0602
15.30 11.30 KT KT 5.6 5 11.41 –0.30.7482 40.39 17.58 LithiumAmericas LAC ... dd 20.82 –3.47 ... 105.19 70.69 McCormick MKC 2.2 28 70.95 –1.95 .39 56.49 42.37 NorthwestNat NWN 4.3 17 45.63 –2.64 .485 43.90 30.78 Perrigo PRGO 3.0 dd 35.85 –2.90 .273
221.27 154.19 Kadant KAI .5 20 207.57 –12.41 .29 121.28 65.05 LiveNationEnt LYV ... cc 66.65 –6.32 ... 281.67 223.16 McDonald's MCD 2.3 31 262.03 –7.04 1.52 23.43 10.31 NorwegCruise NCLH ... dd 14.06 –2.17 ... 16.32 8.88 PetroleoBrasil PBR 58.2 2 10.88 –0.28.1706
24.89 1.80 Kaleyra KLR ... dd 2.22 –0.39 ... 59.27 27.50 LiveOakBcshs LOB .4 7 28.55 –5.98 .03 9.19 2.81 McEwenMining MUX ... dd 7.16 –0.15 ... 7.30 3.38 NouveauMonde NMG ... dd 5.32 –0.18 ... 15.04 7.86 PetroleoBrasilA PBR.A65.7 2 9.64 –0.20.1706
46.50 18.88 Kaman KAMN 3.4 dd 23.36 –2.75 .20 10.39 9.55 LiveOakCrestA LOCC ... dd 10.11 +0.03 ... 401.78 278.77 McKesson MCK .6 15 336.20 –9.47 .54 94.26 74.09 Novartis NVS 2.8 26 80.67 –4.013.4694 56.32 39.23 Pfizer PFE 4.2 7 39.39 –1.76 .41
77.17 59.54 Kellogg K 3.7 23 63.89 –1.45 .59 10.36 9.64 LiveOakCrestview LOCC.UT ... ... 10.12 +0.01 ... 17.26 7.59 MediaAlpha MAX ... dd 14.00 –1.39 ... 145.94 95.02 NovoNordisk NVO .9 41 141.29 –3.611.1887 109.81 82.85 PhilipMorris PM 5.2 17 98.35 –0.85 1.27
68.15 40.65 Kemper KMPR 2.1 dd 57.76 –5.18 .31 36.38 18.26 Livent LTHM ... 16 21.32 –2.95 ... 21.63 8.66 MedicalProp MPW13.2 6 8.79 –1.74 .29 8.48 3.26 NuHoldings NU ... dd 4.49 –0.19 ... 113.53 73.85 Phillips66 PSX 4.1 4 101.22 –4.80 1.05
31.22 20.21 Kennametal KMT 2.9 18 27.55 –1.64 .20 40.10 15.37 LiveRamp RAMP ... dd 21.20 –3.55 ... 197.19 96.00 Medifast MED 6.1 8 106.95 –4.90 1.64 51.79 29.96 NuSkinEnts NUS 4.0 19 39.24 –2.64 .39 5.88 2.10 PhoenixNewMedia FENG ... dd 2.16 –0.05 ...
25.30 13.97 KennedyWilson KW 5.7 38 16.89 +0.17 .24 12.27 4.20 LiveWire LVWR ... dd 6.77 –0.25 ... 114.31 75.77 Medtronic MDT 3.5 25 76.72 –6.69 .68 187.90 100.13 Nucor NUE 1.3 6 158.88 –19.49 .51 40.00 13.19 Phreesia PHR ... dd 32.28 –5.83 ...
72.90 26.91 KenonHoldings KEN ... 1 27.51 +0.22 ... 2.64 1.70 LloydsBanking LYG 4.3 ... 2.35 –0.14.0385 9.63 3.08 MemberCollect MCG ... dd 6.88 +0.86 ... 15.85 8.87 NuScalePower SMR ... dd 9.44 –0.86 ... 18.83 13.42 PhysiciansRealty DOC 6.4 31 14.39 –0.47 .23
10.90 9.98 KensingtonCapAcqnV KCGI.UT ... ... 10.46 +0.04 ... 4.47 1.25 loanDepot LDI 18.8 dd 1.70 –0.32 .08 115.49 77.31 Merck MRK 2.7 19 107.69 +0.81 .73 17.75 12.80 NuSTAREnergy NS 10.0 45 16.06 +0.13 .40 17.66 8.15 PiedmontOfficeA PDM 10.1 7 8.30 –0.93 .21
10.41 9.85 KensingtonCapV A KCGI ... 20 10.38 +0.02 ... 9.66 0.46 LocalBounti LOCL ... dd .50 –0.11 ... 56.21 27.89 MercuryGeneral MCY 4.2 dd 30.49 –2.70.3175 117.25 68.82 Nutrien NTR 2.8 5 75.77 –7.04 .53 80.60 59.03 PinnacleWest PNW 4.7 17 74.01 –2.41 .865
24.71 14.96 KeyCorp KEY 5.2 8 15.66 –2.66 .205 498.95 373.67 LockheedMartin LMT 2.5 22 475.50 –2.39 3.00 20.32 12.49 MeridianLink MLNK ... cc 15.95 –0.33 ... 6.02 1.55 NuvationBio NUVB ... dd 1.64 –0.23 ... 29.17 16.14 Pinterest PINS ... dd 24.17 –2.23 ...
189.45 127.93 KeysightTech KEYS ... 24 154.51 –5.19 ... 68.20 49.36 Loews L .4 14 57.35 –4.41.0625 117.22 62.51 MeritageHomes MTH 1.0 4 106.49 –3.49 .27 46.66 29.19 nVentElectric NVT 1.6 18 43.63 –2.64 .175 288.46 190.99 PioneerNatRscs PXD 13.7 6 198.78 –11.05 4.48
79.06 30.92 KilroyRealty KRC 6.9 16 31.31 –5.40 .54 7.95 4.45 LomaNegra LOMA 4.0 14 6.38 –0.33.6907 28.00 7.61 MesaRoyalty MTR 11.7 11 17.23 –0.09.0997 162.20 102.60 PiperSandler PIPR 1.9 20 128.74 –18.48 1.25
10.76 9.94 KimbellTigerA TGR ... cc 10.51 +0.04 ... 78.09 48.20 LouisianaPacific LPX 1.7 5 55.85 –4.50 .24 29.95 16.56 MesabiTrust MSB 7.4 13 25.37 –2.50 .84 O 5.72 2.30 PitneyBowes PBI 5.2 19 3.88 –0.67 .05
144.53 108.74 KimberlyClark KMB 3.9 21 122.34 –4.15 1.18 238.37 170.12 Lowe's LOW 2.1 20 196.66 –3.07 1.05 2.33 0.70 MetaData AIU ... dd 1.03 –0.03 ... 88.31 54.15 PlanetFitness PLNT ... 65 76.85 –3.86 ...
26.57 17.71 KimcoRealty KIM 4.9 cc 18.78 –1.88 .23 7.05 1.26 LufaxHolding LU 24.7 2 1.90 –0.45 .17 10.23 9.63 MetalsAcqn MTAL ... cc 10.18 +0.03 ... 30.52 24.39 OFGBancorp OFG 3.2 8 27.60 –2.42 .22 7.52 3.70 PlanetLabs PL ... dd 4.08 –0.55 ...
 46 BARRON’S March 13, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
8.40 4.21 PlayAGS AGS ... dd 6.55 –0.16 ... 11.60 8.71 SFL SFL 9.8 ... 9.84 –0.55 .24 24.79 17.69 StarwoodProp STWD10.5 7 18.23 –1.43 .48 186.00 130.07 ToyotaMotor TM 2.5 10 137.97 –1.861.7621 44.25 21.63 Viad VVI ... cc 21.89 –2.79 ...
27.64 15.59 PlymouthIndREIT PLYM 4.4 dd 20.37 –1.83 .225 8.94 3.23 SignaSports SSU ... dd 4.35 –0.09 ... 94.74 58.62 StateStreet STT 3.2 11 79.87 –10.55 .63 9.91 2.48 Traeger COOK ... dd 3.56 –0.44 ... 6.00 1.69 VicariousSurgical RBOT ... 80 2.24 –0.51 ...
123.87 91.86 Polaris PII 2.3 11 111.52 –4.22 .65 17.22 10.42 SITE Centers SITC 4.3 17 12.17 –1.12 .13 47.62 38.00 SteelPartners SPLP ... 7 44.00 –0.55 ... 10.25 9.73 TrajectoryAlphaA TCOA ... dd 10.22 +0.03 ... 56.23 26.14 Victoria'sSecret VSCO ... 8 31.85 –3.93 ...
10.41 9.75 PontemA PNTM ... 37 10.26 –0.01 ... 83.88 55.74 SJW Group SJW 2.0 31 74.41 –1.37 .38 12.57 6.20 Steelcase SCS 5.3 51 7.50 –0.82 .10 196.22 120.64 TraneTech TT 1.6 25 186.18 –7.93 .75 9.50 5.88 VinceHolding VNCE ... dd 7.15 +0.15 ...
57.03 41.58 PortlandGenElec POR 4.0 18 45.62 –2.09.4525 28.10 18.26 SK Telecom SKM 7.4 10 19.71 +0.09.7123 18.86 11.37 Stellantis STLA ... 3 17.60 –1.23 ... 11.85 7.55 Transalta TAC 2.0 cc 8.17 –0.28.0414 16.18 5.75 Vipshop VIPS ... 10 14.51 –0.44 ...
98.84 63.53 PostHoldings POST ... 6 87.21 –4.64 ... 83.96 29.60 SLGreenRealty SLG 10.9 dd 29.74 –4.53.2708 18.02 5.72 Stem STEM ... dd 7.37 –1.42 ... 47.76 37.01 TrancntlRlty TCI ... 1 43.03 –0.60 ... 11.25 3.25 VirginGalactic SPCE ... dd 4.98 –0.52 ...
10.11 9.65 PostHldgsA PSPC ... 46 10.09 +0.03 ... 54.97 27.92 SM Energy SM 1.0 3 28.79 –3.11 .15 116.72 91.64 Stepan SCL 1.5 15 96.64 –9.33 .365 772.01 499.63 TransDigm TDG .0 48 717.12 –50.1018.50 2.20 0.99 VirnetX VHC ... dd 1.72 –0.01 ...
18.78 14.14 PostalRealty PSTL 6.5 87 14.58 –0.59.2375 45.00 2.54 SOS SOS ... dd 3.69 –0.76 ... 255.93 159.21 Steris STE 1.1 dd 177.50 –12.45 .47 7.74 2.32 Transocean RIG ... dd 6.68 –0.83 ... 234.30 174.60 Visa V .8 31 216.14 –7.63 .45
26.05 10.60 PowerSchool PWSC ... dd 18.79 –0.80 ... 78.30 41.66 SPX Tech SPXC ... cc 67.88 –5.30 ... 25.72 13.36 Stevanato STVN .2 40 22.55 –2.85.0546 12.78 4.58 TransportadGas TGS ... 6 9.86 –0.83 ... 24.48 16.73 Vishay VSH 1.9 7 21.41 –0.31 .10
87.36 47.86 PrecisionDrilling PDS ... dd 54.35 –5.62 ... 5.71 0.65 SQZ Biotech SQZ ... dd .67 –0.11 ... 69.57 35.96 StewartInfo STC 4.6 7 39.51 –1.55 .45 105.00 50.32 TransUnion TRU .7 45 60.29 –5.70 .105 45.69 27.03 VishayPrecision VPG ... 16 42.88 –1.76 ...
67.45 48.51 PrestigeCnsHlth PBH ... 14 59.22 –1.09 ... 42.49 26.56 STAG Indl STAG 4.7 32 31.37 –2.84.1225 72.61 49.31 StifelFinancial SF 2.5 11 58.39 –8.98 .36 59.99 33.57 Travel+Leisure TNL 4.1 9 39.16 –3.40 .45 19.69 5.91 VistaEnergy VIST ... 7 18.04 –1.26 ...
10.69 9.85 PrimeImpactI A PIAI ... 39 10.41 –0.05 ... 10.38 9.82 ST Ener I A STET ... 18 10.35 +0.02 ... 50.81 28.35 STMicroelec STM .4 11 48.29 –0.44 .06 194.51 149.65 Travelers TRV 2.1 15 175.68 –7.91 .93 41.20 22.97 VistaOutdoor VSTO ... 4 27.92 –1.09 ...
195.69 110.22 Primerica PRI 1.5 17 168.49 –19.71 .65 91.10 50.17 SabineRoyalty SBR 11.7 9 74.02 –1.28.4655 25.87 15.62 Stoneridge SRI ... dd 18.76 –1.67 ... 13.15 9.43 Tredegar TG 4.7 7 11.15 –0.77 .13 27.39 20.76 Vistra VST 3.2 dd 24.52 +3.11.1975
16.47 12.15 PrimoWater PRMW 2.2 79 14.58 –0.79 .08 5.12 2.35 SafeBulkers SB 5.6 3 3.58 –0.19 .05 47.35 30.66 Stride LRN ... 17 40.09 –2.67 ... 51.55 29.47 TreeHouseFoods THS ... dd 46.86 –2.69 ... 120.86 45.66 VitalEnergy VTLE ... 1 48.61 –8.45 ...
27.55 16.90 ProAssurance PRA 1.1 dd 18.45 –1.25 .05 59.34 23.65 Safehold SAFE 2.6 13 27.75 –2.43 .177 284.00 188.84 Stryker SYK 1.1 43 264.69 –6.84 .75 81.19 38.68 Trex TREX ... 30 48.82 –4.04 ... 20.99 13.90 VitesseEnergy VTS 10.2 ... 19.53 –0.76 .50
68.56 40.00 ProcoreTech PCOR ... dd 58.23 –9.12 ... 222.16 126.34 Salesforce CRM ... cc 173.18 –13.25 ... 8.80 1.52 StudioCity MSC ... dd 7.50 –0.25 ... 25.70 14.59 TriPointe TPH ... 4 23.72 –0.49 ... 132.15 91.53 VMware VMW ... 38 117.64 –1.24 ...
164.90 122.18 Procter&Gamble PG 2.7 24 137.19 –3.76.9133 18.42 10.95 SallyBeauty SBH ... 10 15.38 –0.70 ... 74.88 49.50 SturmRuger RGR 3.5 11 56.08 –1.98 .42 17.23 7.19 TriconRes TCN 3.0 3 7.67 –0.62 .058 4.83 0.30 Volta VLTA ... dd .85 ... ...
146.50 104.01 Progressive PGR .3 cc 140.65 –4.95 .10 21.49 8.42 Samsara IOT ... dd 19.36 –0.12 ... 17.75 14.40 SuburbanPropane SPH 8.6 6 15.10 –0.52 .325 10.52 9.87 TrineIIAcqnA TRAQ ... 23 10.44 –0.01 ... 28.45 16.55 Vontier VNT .4 10 25.65 –1.86 .025
174.54 98.03 Prologis PLD 3.0 27 116.98 –9.97 .87 15.43 6.12 SanJuanBasin SJT 17.0 8 10.79 –0.03.2498 9.18 5.39 SumitomoMits SMFG 3.2 9 8.44 –0.40.1407 103.36 60.61 TriNet TNET ... 14 79.90 –4.05 ... 47.26 16.77 VornadoRealty VNO 8.8 dd 17.11 –2.40 .375
9.72 4.03 PropertyGuru PGRU ... dd 4.46 –0.23 ... 29.28 13.22 SandRidgeEnergy SD ... 3 13.80 –1.78 ... 10.36 6.58 SummitHotelProp INN .0 dd 7.02 –0.73 .04 35.35 20.94 TrinityIndustries TRN 4.2 32 25.01 –3.05 .26 78.11 56.20 VoyaFinancial VOYA 1.2 16 68.92 –7.04 .20
16.93 7.25 ProPetro PUMP ... cc 8.83 –1.06 ... 9.18 4.51 SandstormGold SAND 1.3 13 4.73 –0.55.0144 34.40 21.62 SummitMaterials SUM ... 12 28.18 –2.50 ... 53.93 17.54 Trinseo TSE 2.7 dd 21.03 –3.86 .14 197.76 137.54 VulcanMatls VMC 1.0 39 169.29 –13.18 .43
78.76 63.49 ProsperityBcshs PB 3.4 11 64.11 –8.20 .55 28.44 20.16 SaratogaInvt SAR 9.6 22 25.41 –2.29 .69 21.49 11.52 SummitMidstream SMLP ... dd 17.28 –0.11 ... 16.60 10.36 TripleFlagPrecMtl TFPM 1.5 37 12.98 –0.86 .05
56.68 22.04 ProtoLabs PRLB ... dd 32.72 –1.91 ... 28.37 13.60 Sasol SSL 7.3 4 13.67 –1.56.3871 193.67 117.63 SunComms SUI 2.8 68 134.01 –11.79 .93 17.98 10.27 TriplePtVent TPVG14.9 dd 10.75 –1.75 .40 W
25.61 19.18 ProvidentFinSvcs PFS 4.6 9 20.70 –2.68 .24 56.22 36.21 SaulCenters BFS 6.5 22 36.52 –4.21 .59 56.90 37.96 SunLifeFinancial SLF 4.6 12 46.46 –2.84.5455 10.49 9.76 TristarAcqnI TRIS ... 20 10.35 +0.05 ...
122.54 85.46 PrudentialFin PRU 5.6 dd 88.52 –10.56 1.25 62.78 30.65 Schlumberger SLB 2.0 21 51.00 –4.99 .25 10.43 5.72 SunCokeEnergy SXC 3.5 8 9.19 –1.12 .08 73.00 48.64 TritonIntl TRTN 4.4 6 64.09 –5.53 .70 9.16 3.57 W&T Offshore WTI ... 3 5.36 –0.91 ...
34.37 18.20 Prudential PUK ... 19 28.96 –1.76 ... 30.93 20.26 SchneiderNatl SNDR 1.3 11 27.66 –1.55 .09 42.72 26.43 SuncorEnergy SU 4.7 7 33.44 –1.86.3589 27.85 7.84 TriumphGroup TGI ... 8 11.33 –1.24 ... 108.39 80.82 WEC Energy WEC 3.6 20 87.57 –2.02 .78
75.61 52.51 PublicServiceEnt PEG 4.0 27 56.36 –4.01 .57 93.16 57.31 SchwabC SCHW 1.7 17 58.70 –18.71 .25 15.40 2.16 SunlandsTech STG .0 1 9.70 –0.33 .63 21.01 11.09 Tronox TROX 3.6 4 14.07 –2.72 .125 204.06 125.00 WEX WEX ... 40 180.03 –16.25 ...
421.76 270.13 PublicStorage PSA 4.3 12 281.46 –23.36 3.00 117.94 79.33 ScienceApplicat SAIC 1.4 22 103.75 –5.44 .37 5.70 0.79 SunlightFinl SUNL ... dd .79 –0.42 ... 30.32 15.77 TrueBlue TBI ... 9 17.70 –0.98 ... 92.87 67.07 WNS WNS ... 33 89.62 +0.33 ...
60.89 35.03 PulteGroup PHM 1.2 5 53.47 –1.72 .16 64.20 16.40 ScorpioTankers STNG 1.3 6 59.27 +0.17 .20 31.47 12.47 SunnovaEnergy NOVA ... dd 16.31 –1.93 ... 61.10 37.85 TruistFinl TFC 5.4 9 38.84 –7.40 .52 89.63 67.77 W.P.Carey WPC 5.4 26 78.31 –4.071.065
36.71 21.90 PureStorage PSTG ... cc 23.45 –1.11 ... 133.50 39.06 ScottsMiracleGro SMG 3.6 dd 74.01 –11.25 .66 48.59 34.26 Sunoco SUN 7.4 10 44.72 –0.70.8255 24.78 7.48 TsakosEnergy TNP 1.3 dd 23.11 –1.40 .15 71.89 39.67 WPP WPP 3.9 16 58.85 –3.411.4657
10.51 9.90 PyrophyteAcqn PHYT ... 24 10.47 ... ... 10.48 6.58 ScullyRoyalty SRL 13.5 76 6.79 –1.17 .16 12.72 9.20 SunstoneHotel SHO 2.1 29 9.74 –0.96 .05 21.10 2.93 Tupperware TUP ... dd 2.95 –0.89 ... 30.10 12.23 WabashNational WNC 1.2 11 25.78 –2.05 .08
65.66 20.93 Q2Holdings QTWO ... dd 27.27 –5.76 ... 10.49 9.84 SculptorAcqnIA SCUA ... 13 10.44 +0.06 ... 11.09 2.57 SuperGroup SGHC ... dd 3.79 –0.19 ... 5.44 2.33 TurkcellIletism TKC 2.6 9 4.67 +0.60.0826 107.86 78.26 Wabtec WAB .7 29 99.96 –7.36 .17
51.18 40.38 Qiagen QGEN ... 25 45.94 –0.39 ... 14.41 7.90 SculptorCapMgmt SCU 3.7 dd 8.93 –0.95 .20 7.38 2.88 SuperiorIndsIntl SUP ... cc 6.02 –0.72 ... 34.31 18.81 TurningPoint TPB 1.3 40 20.75 –2.71 .065 137.91 75.33 Walker&Dunlop WD 3.2 12 78.62 –9.74 .63
7.55 2.12 QuadGraphics QUAD ... 25 4.17 –0.69 ... 136.43 40.67 Sea SE ... dd 73.45 +7.78 ... 11.12 9.73 Supernova III A STRE ... 37 10.20 ... ... 10.94 5.40 TutorPerini TPC ... dd 7.75 –1.08 ... 14.43 3.14 Wallbox WBX ... ... 4.90 –1.06 ...
216.45 129.06 QuakerHoughton KWR .9 dd 186.06 –13.69 .435 22.22 10.03 SeabridgeGold SA ... cc 10.48 –0.89 ... 12.83 7.71 Suzano SUZ 5.1 3 8.63 –0.64 .116 4.52 0.77 Tuya TUYA ... dd 1.72 –0.01 ... 160.77 117.27 Walmart WMT 1.7 32 136.97 –3.70 .57
27.04 18.00 QuanexBldg NX 1.6 9 20.62 –6.04 .08 45.48 22.00 SeaDrill SDRL ... 1 39.10 –4.55 ... 40.10 6.88 Sweetgreen SG ... dd 7.07 –1.49 ... 176.96 41.00 Twilio TWLO ... dd 64.36 –9.52 ... 36.57 10.67 WarbyParker WRBY ... dd 11.04 –1.44 ...
168.75 106.33 QuantaServices PWR .2 47 157.35 –5.77 .08 70.72 41.24 SealedAir SEE 1.8 14 45.27 –3.85 .20 57.38 28.37 Sylvamo SLVM 2.0 18 48.88 –0.94 .25 10.24 9.74 TwinRidgeCapA TRCA ... 42 10.20 –0.04 ... 42.95 26.11 WarriorMetCoal HCC .7 3 37.87 –4.57 .88
10.19 9.83 QuantumFin QFTA ... 37 10.18 +0.02 ... 76.57 40.01 SeaWorldEnt SEAS ... 14 59.18 –7.48 ... 41.88 27.22 SynchronyFin SYF 2.9 5 32.13 –4.25 .23 10.23 9.70 twoA TWOA ... dd 10.20 ... ... 148.20 113.50 WasteConnections WCN .8 40 131.04 –3.10 .255
22.21 5.11 QuantumScape QS ... dd 7.35 –1.85 ... 9.84 6.02 SelectEnergySvcs WTTR 3.0 14 6.74 –1.15 .05 52.22 32.62 SynovusFin SNV 4.4 7 34.70 –6.59 .38 22.66 12.12 TwoHarbors TWO 16.3 9 14.69 –1.66 .60 175.98 138.89 WasteMgt WM 1.9 28 149.33 –0.75 .70
2.18 0.63 Qudian QD ... dd 1.13 –0.08 ... 30.78 18.86 SelectMedical SEM 2.0 21 25.01 –2.47 .125 91.53 70.61 Sysco SYY 2.7 26 73.13 –3.13 .49 453.03 281.11 TylerTech TYL ... 80 309.80 –20.43 ... 3.36 0.90 Waterdrop WDH ... 19 2.90 –0.14 ...
158.34 120.40 QuestDiag DGX 2.1 17 134.31 –6.49 .71 3.25 0.51 SelectQuote SLQT ... dd 2.21 –0.56 ... 37.10 3.45 System1 SST ... dd 3.76 –0.42 ... 99.54 56.74 TysonFoods TSN 3.4 8 56.98 –2.25 .48 369.00 265.61 Waters WAT ... 26 304.96 –21.93 ...
7.21 1.68 QuotientTech QUOT ... dd 3.29 –0.01 ... 176.47 136.54 Sempra SRE 3.3 22 144.11 –6.78 1.19 343.85 220.68 Watsco WSO 3.3 19 293.04 –20.99 2.45
15.00 7.16 Semrush SEMR ... dd 7.80 –0.61 ... T U 181.40 116.31 WattsWater WTS .7 22 166.46 –10.85 .30
R 20.98 12.62 SendasDistrib ASAI .9 19 16.28 –0.63.0358 10.39 9.61 WaverleyCap1 A WAVC ... cc 10.18 +0.01 ...
54.36 36.64 SensataTechs ST .9 24 48.41 –3.24 .11 10.45 1.60 TAL Education TAL ... dd 6.84 –1.31 ... 22.30 13.80 UBS Group UBS 2.7 9 20.34 –1.78 .55 130.58 28.11 Wayfair W ... dd 32.46 –8.06 ...
264.94 152.90 RBC Bearings RBC ... 55 222.03 –24.93 ... 89.34 63.17 SensientTech SXT 2.3 21 70.11 –6.03 .41 59.38 38.35 TC Energy TRP 7.2 66 38.89 –2.44.6969 60.01 37.18 UDR UDR 3.8 cc 39.92 –3.06 .38 6.93 2.91 WeaveComms WEAV ... dd 4.55 –0.90 ...
10.60 9.90 RCF Acqn A RCFA ... 16 10.42 –0.01 ... 42.84 12.69 SentinelOne S ... dd 13.91 –2.54 ... 15.38 6.52 TDCX TDCX ... 20 10.40 –2.57 ... 44.54 31.19 UGI UGI 4.1 40 35.12 –2.48 .36 60.48 40.34 WebsterFin WBS 3.7 12 43.03 –9.03 .40
32.24 23.39 RELX RELX 2.1 29 30.07 –0.65.1802 4.17 2.25 SequansComms SQNS ... ... 2.39 –0.06 ... 115.14 78.86 TD Synnex SNX 1.5 13 91.28 –5.68 .35 70.57 44.79 U-Haul UHAL .0 2 60.69 –5.40 .05 95.57 71.05 WeisMarkets WMK 1.7 18 82.28 +2.15 .34
29.81 16.94 RE/MAX RMAX 5.3 71 17.29 –1.52 .23 14.52 4.90 SeritageGrowth SRG ... dd 10.62 –1.30 ... 138.24 104.76 TE Connectivity TEL 1.8 18 124.53 –5.95 .56 68.29 51.12 U-Haul N UHAL.B .3 ... 53.12 –6.49 .04 54.20 36.54 WellsFargo WFC 2.9 13 41.36 –5.49 .30
16.38 9.50 REV REVG 1.6 cc 12.18 +0.13 .05 75.11 56.85 ServiceCorp SCI 1.7 18 64.63 –2.97 .27 22.74 15.41 Tegna TGNA 2.4 6 15.53 –1.51 .095 25.46 14.66 UMH Prop UMH 5.5 dd 14.80 –1.75 .205 99.43 56.50 Welltower WELL 3.6 cc 67.83 –7.48 .61
390.85 207.37 RH RH ... 13 259.73 –37.48 ... 601.62 337.00 ServiceNow NOW ... cc 415.08 –28.90 ... 27.50 18.85 Telus TU 5.3 21 19.12 –0.96.2629 61.10 44.67 Unitil UTL 3.0 21 53.55 –0.93 .405 175.00 99.00 WescoIntl WCC .0 10 158.64 –14.05 .375
140.69 100.96 RLI RLI .8 10 131.99 –3.83 .26 97.25 60.39 ServisFirst SFBS 1.8 14 62.77 –8.79 .28 31.52 17.65 TelusIntl TIXT ... 31 20.80 –1.12 ... 21.95 14.90 USA Compression USAC10.3 dd 20.40 –1.40 .525 102.96 68.75 WestFraserTimber WFG 1.6 4 72.76 –4.59 .30
–0.89 .08 50.36 26.01 Ternium TX 6.4 2 42.04 –2.96 .90
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

14.78 9.84 RLJ Lodging RLJ 3.0 cc 10.62 71.86 37.72 ShakeShack SHAK ... dd 54.53 –3.47 ... 84.08 48.61 UsanaHealth USNA ... 17 60.02 –3.46 ... 424.00 206.19 WestPharmSvcs WST .2 41 314.55 –14.71 .19
3.06 0.90 RLX Tech RLX ... 10 2.52 +0.08 ... 3.18 0.41 Shapeways SHPW ... dd .42 –0.07 ... 128.93 71.63 TFI Intl TFII 1.2 13 121.27 –4.32 .35 32.65 19.22 US Cellular USM ... 66 21.92 –1.12 ... 89.26 30.05 WestAllianceBcp WAL 2.9 5 49.34 –26.30 .36
12.91 5.70 RPC RES 1.3 8 8.45 –1.27 .04 31.60 23.64 ShawComm B SJR 3.2 25 28.33 –0.58.0734 15.61 10.20 TIM TIMB 3.7 18 11.67 +0.16.1794 41.28 25.49 US Foods USFD ... 38 36.21 –2.46 ... 18.90 7.00 WstAstMtgCap WMC18.2 dd 8.79 –1.20 .40
106.50 74.56 RPM RPM 2.0 21 85.31 –5.76 .42 62.75 44.90 Shell SHEL 3.4 5 60.36 –1.94 .575 83.13 53.69 TJX TJX 1.6 25 74.30 –3.61 .295 131.50 73.30 US PhysTherapy USPH 1.8 42 94.56 –8.34 .43 29.50 21.95 WesternMidstrm WES 7.7 9 26.08 –0.93 .50
14.37 7.28 RPTRealty RPT 5.8 11 9.68 –1.08 .14 285.00 195.24 SherwinWilliams SHW 1.1 28 214.10 –14.24 .605 10.57 9.74 TLGAcqnOneA TLGA ... 44 10.28 +0.02 ... 21.54 9.47 US Silica SLCA ... 12 12.05 –1.87 ... 19.97 10.99 WesternUnion WU 8.5 5 11.11 –1.72 .235
25.50 14.75 RXO RXO ... 25 20.12 –0.95 ... 73.62 29.39 Shift4Paymts FOUR ... 69 68.31 –3.96 ... 9.97 9.73 TPGPaceBenII YTPG ... dd 9.96 +0.02 ... 5.44 1.34 US Xpress USX ... dd 1.64 –0.05 ... 141.19 81.29 Westlake WLK 1.3 6 110.43 –14.14 .357
23.91 17.84 RadianGroup RDN 4.2 5 21.18 –0.73 .225 36.64 22.98 ShinhanFin SHG 6.1 4 26.86 –1.901.0794 12.13 6.31 TPG RE Fin TRTX 12.1 dd 7.93 –0.63 .24 5.03 2.84 UWM UWMC 9.1 10 4.40 –0.42 .10 54.78 29.50 WestRock WRK 3.7 9 29.81 –3.17 .275
2.91 1.60 Rafael RFL ... dd 1.95 –0.15 ... 78.00 23.63 Shopify SHOP ... dd 41.46 –1.94 ... 25.00 21.28 TXO Energy TXO ... 16 22.58 –1.04 ... 37.58 19.90 Uber UBER ... dd 31.11 –3.46 ... 16.80 9.55 Westwood WHG 4.4 dd 13.54 –0.16 .15
128.94 82.23 RalphLauren RL 2.6 15 113.33 –5.56 .75 10.34 9.85 ShoulderUpTechA SUAC ... cc 10.34 +0.01 ... 10.32 9.74 TailwindIntlA TWNI ... 46 10.10 ... ... 350.63 218.15 Ubiquiti UI .9 46 264.80 –6.43 .60 8.08 0.92 WeWork WE ... dd .94 –0.22 ...
37.44 22.61 RangeResources RRC 1.2 5 25.68 –2.24 .08 98.74 44.61 Shutterstock SSTK 1.5 34 70.16 –5.10 .27 109.76 59.43 TaiwanSemi TSM 1.6 13 87.25 –2.54.3597 31.88 10.40 UiPath PATH ... dd 13.88 –1.81 ... 42.86 27.37 Weyerhaeuser WY 2.5 12 29.86 –1.80 .19
11.99 8.40 RangerEnergySvcs RNGR ... 9 11.37 –0.09 ... 18.63 7.82 Sibanye-Stillwater SBSW 7.9 5 8.31 –0.15.2675 16.30 12.28 TakedaPharm TAK 3.6 25 15.93 +0.32.3012 3.21 2.13 UltraparPart UGP 4.2 8 2.61 +0.07.0613 51.91 28.62 WheatonPrecMet WPM 1.5 27 40.47 –1.42 .15
23.88 2.90 Ranpak PACK ... dd 4.92 –1.44 ... 84.80 48.31 SignetJewelers SIG 1.1 12 70.67 –4.26 .20 25.49 12.69 TalosEnergy TALO ... 3 14.00 –2.67 ... 18.18 6.38 UnderArmour A UAA ... 13 8.91 –1.14 ... 3.48 0.98 WheelsUp UP ... dd 1.01 –0.12 ...
126.00 84.86 RaymondJames RJF 1.8 13 94.85 –13.09 .42 29.88 10.70 SignifyHealth SGFY ... dd 28.68 +0.15 ... 20.27 13.26 Tanger SKT 5.0 23 17.64 –1.29 .22 16.52 5.74 UnderArmour C UA ... 11 7.85 –1.07 ... 199.07 124.43 Whirlpool WHR 5.3 dd 131.39 –7.35 1.75
9.84 2.44 RayonierAdvMatls RYAM ... dd 6.84 –1.51 ... 55.41 38.59 SilganHoldings SLGN 1.4 17 51.54 –3.13 .18 47.48 26.39 Tapestry TPR 2.9 12 41.36 –3.11 .30 19.03 6.33 Unifi UFI ... dd 8.21 –2.26 ... 1560.21 1030.38 WhiteMtnIns WTM .1 dd 1383.38 –24.60 1.00
45.87 29.51 Rayonier RYN 3.5 44 32.35 –1.49 .285 49.91 22.35 SilverBowRscs SBOW ... 2 23.63 –5.75 ... 81.50 55.56 TargaResources TRGP 1.9 19 73.55 –5.69 .35 205.59 154.72 Unifirst UNF .7 35 190.28 –9.54 .31 13.66 8.15 WhitestoneREIT WSR 5.4 13 8.89 –0.65 .04
108.84 80.27 RaytheonTech RTX 2.3 27 96.00 –3.02 .55 162.65 2.30 SilvergateCapital SI ... dd 2.52 –3.25 ... 254.87 137.16 Target TGT 2.7 26 158.18 –7.82 1.08 52.34 42.44 Unilever UL 3.8 16 48.74 –1.10.4569 22.94 8.57 WideOpenWest WOW ... dd 9.65 –1.06 ...
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

15.92 9.69 ReadyCapital RC 15.5 6 10.30 –0.88 .40 14.49 4.37 Similarweb SMWB ... dd 5.60 –1.15 ... 48.31 27.50 TaroPharm TARO ... 25 30.99 +1.11 ... 278.94 183.70 UnionPacific UNP 2.7 17 196.06 –13.30 1.30 56.34 35.04 Wiley A WLY 3.9 dd 36.08 –8.98.3475
75.40 55.50 RealtyIncome O 5.0 43 61.38 –3.11.2545 138.65 86.02 SimonProperty SPG 6.5 17 111.50 –12.58 1.80 37.65 20.05 TaylorMorrison TMHC ... 4 35.24 –1.23 ... 23.10 3.93 Unisys UIS ... dd 4.11 –0.77 ... 57.07 35.63 Wiley B WLYB 3.8 dd 36.15 –8.29.3475
8.78 1.67 Redwire RDW ... ... 3.34 –0.37 ... 120.66 75.25 SimpsonMfg SSD 1.0 13 103.74 –8.41 .26 30.70 5.06 Team TISI ... dd 7.76 +0.05 ... 9.62 5.36 UnitedMicro UMC ... 7 8.33 –0.11 ... 37.97 28.30 Williams WMB 6.2 17 28.90 –2.07.4475
11.04 5.52 RedwoodTrust RWT 13.4 dd 6.89 –0.77 .23 7.81 4.07 SiriusPoint SPNT ... dd 7.17 –0.15 ... 16.03 5.48 TechnipFMC FTI ... dd 14.54 –0.80 ... 49.56 26.60 UnitedNatFoods UNFI ... 9 27.71 –14.92 ... 176.89 101.58 Williams-Sonoma WSM 2.6 7 120.60 –2.31 .78
164.15 108.28 RegalRexnord RRX .9 21 150.92 –11.13 .35 184.19 97.36 SiteOneLandscape SITE ... 25 135.60 –12.98 ... 46.90 24.72 TeckResourcesB TECK 1.0 8 36.82 –5.76.0922 223.97 154.87 UPS B UPS 3.6 14 181.54 –4.14 1.62 70.53 43.05 Winnebago WGO 1.8 6 58.91 –5.09 .27
49.76 26.52 RegionalMgmt RM 4.3 5 27.80 –4.04 .30 33.65 21.40 SitioRoyalties STR 12.5 11 22.94 –2.07 .60 43.84 16.05 Tecnoglass TGLS .8 12 39.46 –3.10 .075 481.99 230.54 UnitedRentals URI 1.4 14 429.28 –50.29 1.48 8.07 4.38 Wipro WIT 1.5 18 4.69 –0.12.1225
24.33 18.01 RegionsFin RF 3.9 9 20.28 –3.07 .20 44.82 16.83 SixFlags SIX ... 20 25.86 –4.54 ... 6.43 2.54 Teekay TK ... 8 5.87 –0.54 ... 57.92 38.39 US Bancorp USB 4.7 11 40.62 –6.49 .48 6.41 4.60 WisdomTree WT 2.1 23 5.80 –0.16 .03
2.34 0.50 Regis RGS ... dd 1.17 –0.22 ... 49.56 31.28 SkechersUSA SKX ... 18 42.98 –2.89 ... 48.05 11.90 TeekayTankers TNK ... 7 44.64 –2.91 ... 39.25 16.41 US Steel X .7 3 27.21 –4.16 .05 125.48 58.07 Wolfspeed WOLF ... dd 62.52 –10.64 ...
153.35 99.81 ReinsGrp RGA 2.4 15 133.74 –12.84 .80 13.33 4.10 SkeenaRscs SKE ... dd 5.21 –0.27 ... 20.65 14.31 TejonRanch TRC ... 31 18.26 –1.45 ... 558.10 449.70 UnitedHealth UNH 1.4 22 460.33 –18.23 1.65 24.95 9.60 WolverineWwide WWW 2.5 dd 15.88 –1.00 .10
264.42 160.29 RelianceSteel RS 1.6 8 249.63 –13.85 1.00 7.08 1.03 Skillsoft SKIL ... dd 1.85 +0.15 ... 77.50 21.60 TeladocHealth TDOC ... dd 23.53 –3.35 ... 109.99 21.22 UnitySoftware U ... dd 27.26 –3.61 ... 26.93 19.11 WoodsideEnergy WDS 11.1 5 22.40 –3.49 1.44
223.80 124.18 RenaissanceRe RNR .8 dd 194.30 –18.55 .38 3.71 0.45 Skillz SKLZ ... dd .52 –0.15 ... 6.85 3.72 TelecomArgentina TEO 26.2 dd 4.74 –0.32.3139 35.61 21.49 Univar UNVR ... 10 32.09 –3.35 ... 39.71 22.18 WooriFin WF 7.1 3 25.52 –1.701.7502
33.91 1.29 Renren RENN .0 dd 1.61 –0.1331.5585 73.40 43.04 SkylineChamp SKY ... 9 66.72 –3.11 ... 493.97 325.00 TeledyneTech TDY ... 25 412.55 –25.36 ... 64.13 43.64 Universal UVV 6.3 13 50.09 –1.30 .79 124.76 59.43 Workiva WK ... dd 85.21 –7.44 ...
34.88 25.35 RentokilInit RTO 1.2 32 30.70 –0.25.2664 7.47 2.03 SmartRent SMRT ... dd 2.30 –0.51 ... 356.72 182.65 Teleflex TFX .6 29 222.88 –16.31 .34 60.20 40.92 UniversalHealth UHT 5.9 32 48.36 –2.35 .715 30.65 19.29 WorldFuelSvcs INT 2.2 14 25.53 –2.72 .14
149.17 119.72 RepublicSvcs RSG 1.6 27 127.05 –1.89 .495 58.22 25.09 Smartsheet SMAR ... dd 39.66 –5.62 ... 11.78 6.49 TelefonicaBras VIV 7.7 16 7.41 +0.11.0123 158.28 82.50 UniversalHealthB UHS .7 13 117.68 –9.44 .20 93.63 54.66 WW Ent WWE .6 36 81.15 –2.43 .12
27.07 14.95 ResideoTech REZI ... 9 17.23 –1.54 ... 71.87 46.58 SmithAO AOS 1.8 45 66.10 –2.03 .30 5.39 3.10 Telefonica TEF 2.8 cc 4.12 –0.04.1553 19.71 8.39 UnivInsurance UVE 3.4 dd 18.94 –0.43 .16 63.10 38.01 WorthingtonInds WOR 2.2 13 56.10 –6.54 .31
262.38 189.40 ResMed RMD .9 37 205.86 –13.95 .44 34.12 21.78 Smith&Nephew SNN 2.5 56 28.69 –0.70 .462 33.21 23.03 TelekmIndonesia TLK 2.9 17 25.99 –0.031.0389 11.45 5.27 UnvlTechInst UTI ... 45 6.76 –0.61 ... 93.86 58.82 WyndhamHtls WH 2.0 18 71.03 –7.22 .35
68.89 46.68 RestaurantBrands QSR 3.6 19 60.53 –3.55 .55 163.07 119.82 Smucker SJM 2.8 22 147.88 –2.92 1.02 21.00 9.65 Telephone&Data TDS 6.6 dd 11.15 –0.80 .185 46.64 27.00 UnumGroup UNM 3.3 6 40.37 –5.04 .33
59.00 20.17 Revolve RVLV ... 31 24.66 –3.43 ... 39.80 7.33 Snap SNAP ... dd 10.34 –0.31 ... 44.28 20.03 TempurSealy TPX 1.1 16 39.27 –3.51 .11 23.60 1.59 UpHealth UPH ... dd 1.82 –0.13 ... XYZ
36.31 26.05 RexAmerRes REX ... 13 30.68 –3.19 ... 259.78 190.08 Snap-On SNA 2.7 14 240.16 –9.94 1.62 11.16 9.71 10XCapIII A VCXB ... cc 10.25 +0.03 ... 19.85 12.91 UrbanEdgeProp UE 4.6 36 13.98 –1.48 .16
84.68 48.74 RexfordIndlRealty REXR 2.7 61 56.41 –5.18 .38 246.52 110.27 Snowflake SNOW ... dd 131.46 –10.65 ... 38.00 22.24 Tenaris TS .0 9 31.86 –2.93 .56 22.80 14.76 UrstadtBiddle UBP 5.7 24 15.76 –0.30 .225 4.20 1.62 XFinancial XYF ... 2 2.85 –0.23 ...
10.40 9.72 RiceAcqnII A RONI ... cc 10.24 –0.03 ... 115.76 68.22 SOQUIMICH SQM 7.0 7 78.98 –10.882.0024 9.29 2.95 TencentMusic TME ... 26 7.52 –0.61 ... 20.73 15.07 UrstadtProp A UBA 6.1 25 16.44 –0.93 .25 47.31 24.75 XPO XPO ... 6 34.65 –2.33 ...
11.05 9.89 RigelResourceA RRAC ... 16 10.42 –0.01 ... 14.61 8.29 SolarisOilfield SOI 4.7 14 9.43 –0.69 .11 92.65 36.69 TenetHealthcare THC ... 14 52.58 –8.62 ... 19.98 12.06 UtzBrands UTZ 1.4 dd 16.64 –0.49 .057 20.36 12.48 XeniaHotels XHR 3.0 28 13.46 –1.39 .10
129.72 28.00 RingCentral RNG ... dd 32.84 –3.95 ... 13.72 7.51 SolarWinds SWI ... dd 8.71 –0.55 ... 85.33 54.90 Tennant TNC 1.6 19 67.52 –4.72 .265 12.30 2.95 XinyuanRealEst XIN ... dd 4.39 –0.93 ...
83.21 50.92 RioTinto RIO 7.3 9 67.54 –7.64 2.25 10.74 3.39 SoloBrands DTC ... dd 5.49 +1.33 ... 50.99 28.65 Teradata TDC ... cc 37.78 –2.65 ... V 35.35 6.18 XPeng XPEV ... dd 8.18 –1.44 ...
6.77 3.43 Riskified RSKD ... dd 5.51 –0.04 ... 6.84 0.86 Sonendo SONX ... dd 1.67 –0.59 ... 60.85 26.64 Terex TEX 1.1 12 53.23 –7.09 .15 26.00 8.15 Xperi XPER ... ... 10.90 –0.97 ...
72.73 48.72 RitchieBros RBA 1.9 20 56.14 –2.90 1.08 62.26 34.17 SonicAutomotive SAH 2.0 34 55.98 –3.54 .28 12.69 1.29 TerranOrbital LLAP ... dd 2.11 –0.32 ... 60.09 21.57 VF VFC 5.5 20 21.78 –4.48 .30 30.70 11.20 XponentialFit XPOF ... dd 27.64 –1.68 ...
11.61 3.17 RiteAid RAD ... dd 3.28 –0.30 ... 36.47 11.25 SonidaSrLiving SNDA ... dd 11.54 –0.44 ... 81.01 50.36 TerrenoRealty TRNO 2.7 23 60.03 –3.85 .40 9.37 1.25 ViaOptronics VIAO ... dd 3.30 +0.19 ... 118.58 72.08 Xylem XYL 1.3 50 98.98 –4.94 .33
11.75 6.86 RithmCapital RITM12.2 5 8.21 –0.85 .25 67.06 51.52 SonocoProducts SON 3.5 12 56.35 –4.01 .49 5.82 2.99 TetraTech TTI ... 60 3.22 –0.38 ... 35.69 26.42 VICI Prop VICI 4.9 25 31.88 –2.24 .39 65.46 27.86 Yeti YETI ... 36 37.24 –2.23 ...
122.29 65.40 RobertHalf RHI 2.5 13 77.41 –3.91 .48 107.52 61.72 Sony SONY .5 15 84.76 –0.98.2579 11.45 6.78 TevaPharm TEVA ... dd 9.12 –0.92 ... 13.84 6.47 Vizio VZIO ... ... 8.85 –1.10 ... 13.11 2.82 YPF YPF ... 2 10.65 –1.28 ...
53.88 21.65 Roblox RBLX ... dd 40.05 –1.32 ... 80.57 58.85 Southern SO 4.3 20 63.94 –0.87 .68 2739.00 1240.69 TexasPacLand TPL .8 29 1704.01 –112.91 3.25 13.70 5.53 VOC Energy VOC 15.7 7 8.01 –0.45 .23 5.57 3.00 Yalla YALA ... 8 3.85 –0.41 ...
11.70 5.97 RocketCos. RKT ... 25 8.06 –0.58 ... 79.32 42.42 SoCopper SCCO 4.8 21 72.36 –6.24 1.00 40.35 25.47 Textainer TGH 3.7 5 32.24 –1.26 .30 7.54 2.66 VTEX VTEX ... dd 3.42 –0.37 ... 6.40 3.88 YamanaGold AUY 2.3 19 5.21 –0.15 .03
10.47 9.73 RocketInternetA RKTA ... 39 10.22 +0.02 ... 10.42 9.85 SouthportAcqnA PORT ... 17 10.33 ... ... 76.11 57.11 Textron TXT .1 17 69.26 –5.34 .02 51.00 29.55 V2X VVX ... cc 39.39 –5.93 ... 2.20 0.39 YatsenHolding YSG ... dd 1.54 –0.03 ...
309.36 190.08 Rockwell ROK 1.6 31 289.07 –13.52 1.18 50.10 30.20 SouthwestAir LUV 2.2 41 32.77 –1.41 .18 618.36 475.77 ThermoFisher TMO .3 31 543.83 –15.61 .35 8.77 3.93 VaalcoEnergy EGY 3.5 4 4.60 –0.59.0625 39.27 25.30 Yelp YELP ... 57 28.57 –1.64 ...
64.55 36.23 RogersComm B RCI 3.3 18 44.87 –2.54.3709 95.62 57.75 SouthwestGas SWX 4.2 dd 59.29 –1.08 .62 27.85 13.26 Thermon THR ... 25 25.48 –2.03 ... 273.43 201.91 VailResorts MTN 3.5 27 221.13 –17.92 2.06 9.67 4.00 Yext YEXT ... dd 8.52 –0.22 ...
274.51 98.45 Rogers ROG ... 25 154.25 –3.41 ... 9.87 4.79 SouthwesternEner SWN ... 3 4.94 –0.73 ... 125.32 91.55 ThomsonReuters TRI 1.6 42 119.74 –1.43 .49 80.00 37.17 Valaris VAL ... 28 64.63 –7.58 ... 3.85 0.67 YirenDigital YRD ... ... 2.25 –0.57 ...
43.06 31.43 Rollins ROL 1.5 47 34.67 –0.65 .13 93.23 38.93 SpectrumBrands SPB 2.8 52 59.12 –6.36 .42 105.36 66.26 ThorIndustries THO 2.2 6 83.25 –8.80 .45 21.29 11.72 Vale VALE 6.4 4 16.20 –0.91.3542 10.00 3.03 Youdao DAO ... dd 8.18 –1.32 ...
488.23 356.22 RoperTech ROP .6 38 420.33 –9.78.6825 2.39 0.82 SpireGlobal SPIR ... dd .83 –0.27 ... 17.83 7.02 3D Systems DDD ... dd 10.23 –1.15 ... 7.05 2.71 ValensSemicon VLN ... dd 3.42 –1.35 ... 133.77 103.97 Yum!Brands YUM 1.9 27 124.58 –5.09 .605
10.96 9.74 RossAcqnIIA ROSS ... 34 10.18 –0.03 ... 79.24 61.52 Spire SR 4.3 14 66.48 –3.50 .72 154.66 103.74 3M MMM 5.8 10 104.06 –7.20 1.50 150.39 83.13 ValeroEnergy VLO 3.1 5 132.16 –9.01 1.02 63.06 33.55 YumChina YUMC .9 57 58.76 –3.33 .13
114.55 83.63 RoyalBkCanada RY 4.1 12 96.24 –4.35.9844 50.37 21.14 SpiritAeroSys SPR .1 dd 31.71 –2.59 .01 51.88 17.51 Tidewater TDW ... dd 45.84 –3.66 ... 54.06 19.75 Valhi VHI 1.6 4 19.89 –5.11 .08 91.23 16.23 ZimIntShipping ZIM 140.8 0 19.57 –2.84 2.95
87.68 31.09 RoyalCaribbean RCL ... dd 66.86 –7.16 ... 27.88 15.92 SpiritAirlines SAVE .0 dd 16.93 –1.00 .10 10.35 6.65 Tilly's TLYS ... 23 7.56 –1.08 ... 353.36 213.27 ValmontInds VMI .8 26 303.39 –30.10 .60 29.79 16.27 ZTO Express ZTO .0 21 25.74 +1.02 .25
10.50 0.85 RubiconTech RBT ... dd .89 –0.15 ... 48.24 34.31 SpiritRealtyCap SRC 6.7 19 39.36 –2.54 .663 89.40 50.85 Timken TKR 1.5 15 82.25 –6.33 .31 37.33 24.40 Valvoline VVV 1.5 15 34.07 –2.96 .125 3.36 1.05 ZeppHealth ZEPP .0 dd 1.56 –0.16 .08
9.34 2.89 RushStreetInt RSI ... dd 3.39 –0.37 ... 160.06 69.29 Spotify SPOT ... dd 121.66 –2.08 ... 26.23 14.09 TimkenSteel TMST ... 16 17.17 –2.56 ... 16.39 0.46 Vapotherm VAPO ... dd .69 –0.19 ... 13.46 4.09 ZetaGlobal ZETA ... dd 10.23 –0.79 ...
46.40 32.13 RyanSpecialty RYAN ... 71 36.76 –4.04 ... 10.74 9.91 SpreeAcqn1 A SHAP ... dd 10.42 +0.04 ... 19.81 11.16 TItanIntl TWI ... 4 12.22 –1.17 ... 14.39 8.64 VectorGroup VGR 6.7 12 12.00 –1.40 .20 5.57 1.86 ZeviaPBC ZVIA ... dd 3.28 –0.47 ...
102.36 61.71 RyderSystem R 2.7 5 90.98 –8.32 .62 15.05 7.25 Sprinklr CXM ... dd 10.17 –0.88 ... 26.04 11.91 Toast TOST ... dd 17.33 –1.47 ... 232.26 151.02 VeevaSystems VEEV ... 55 164.63 –15.42 ... 3.43 0.89 Zhihu ZH ... dd 1.28 –0.33 ...
44.09 18.68 RyersonHolding RYI 1.8 4 37.08 –4.05 .17 57.00 29.76 Sprott SII 3.0 49 32.84 –3.57 .25 63.19 39.53 Toll Bros TOL 1.4 5 57.37 –2.75 .20 10.90 1.28 Velo3D VLD ... dd 2.37 –0.85 ... 135.05 100.39 ZimmerBiomet ZBH .8 cc 123.53 –2.69 .24
101.19 70.47 RymanHospitality RHP 1.6 40 90.13 –5.50 .75 2.50 0.69 SprucePower SPRU ... dd .75 –0.17 ... 46.11 30.14 TootsieRoll TR .8 39 42.44 –0.24 .09 13.60 8.15 VelocityFinl VEL ... 9 8.37 –1.13 ... 25.00 13.78 ZipRecruiter ZIP ... 30 15.16 –2.11 ...
30.69 14.43 Squarespace SQSP ... dd 26.33 +2.43 ... 232.92 140.66 TopBuild BLD ... 11 192.86 –17.50 ... 2.78 0.37 VenatorMaterials VNTR ... dd .38 –0.08 ... 201.32 124.15 Zoetis ZTS .9 36 161.53 –9.03 .375
S 62.21 31.11 St.Joe JOE 1.0 33 39.81 –2.93 .10 25.96 16.80 TopgolfCallaway MODG ... 30 22.54 –1.09 ... 64.02 35.33 Ventas VTR 4.0 dd 44.66 –3.85 .45 15.68 5.45 Zuora ZUO ... dd 8.71 –1.31 ...
48.24 31.61 StandardMotor SMP 3.1 11 37.28 –2.10 .29 117.66 71.86 Toro TTC 1.2 24 109.29 –4.54 .34 17.99 10.22 VerisResidential VRE ... dd 15.70 –0.42 ... 36.82 20.10 ZurnElkayWater ZWS 1.3 46 21.31 –1.80 .07
123.28 78.22 SAP SAP 1.3 56 115.46 –1.44 2.66 121.85 79.02 StandexInt SXI 1.0 20 114.50 –6.26 .28 82.64 57.27 TorontoDomBk TD 4.6 10 60.55 –4.94.7056 161.84 94.50 Veritiv VRTV 2.0 5 126.06 –14.94 .63
423.55 279.32 S&P Global SPGI 1.1 31 326.54 –19.53 .90 151.82 70.24 StanleyBlackDck SWK 4.0 12 80.72 –6.54 .80 8.54 2.52 Torrid CURV ... 9 2.66 –0.10 ... 55.51 34.55 Verizon VZ 7.1 7 36.68 –1.58.6525 NYSE ARCA
10.29 9.70 SDCLEDGEAcqn SEDA ... 23 10.23 ... ... 61.61 40.92 Stantec STN 1.0 33 56.70 –2.07 .144 10.40 9.62 TortoiseEcoIII A TRTL ... 27 10.21 +0.05 ... 30.17 12.90 VermilionEnergy VET 1.6 2 13.60 –0.53.0727
11.60 4.90 SeacorMarine SMHI ... dd 10.24 –0.86 ... 12.60 6.26 Starrett A SCX ... 6 11.24 –0.26 ... 65.05 44.61 TotalEnergies TTE ... 8 61.01 –1.75 ... 11.95 1.49 VerticalAerospace EVTL ... ... 1.56 –0.34 ... 25.51 24.68 AllianzIMUSLCBuffer20Mar MARW ... ... 24.71 –0.53 ...
10.18 2.75 SES AI SES ... dd 2.79 –0.35 ... 4.71 2.60 Startek SRT ... 20 3.65 –0.19 ... 13.16 7.05 TownsquareMedia TSQ .0 12 8.42 +1.22.1875 17.88 7.76 Vertiv VRT .1 dd 14.24 –2.12 .01 24.43 22.89 CambiarAggressive CAMX ... ... 22.90 –1.23 ...
 March 13, 2023 BARRON’S 47

D ATA NASDAQ ISSUES - NEW HIGHS - NEW LOWS B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
40.80 4.80 ApreaTherap APRE ... dd 5.04 –0.21 ... 117.77 70.73 BioMarinPharm BMRN ... cc 90.49 –10.71 ... 29.85 5.27 CenturyAluminum CENX ... dd 10.08 –2.82 ...

Five-Day Nasdaq Composite 17.80

10.70
11.16
2.95
2.61
9.92
1.31
0.62
Aptorum
APxAcqnI A
ApyxMedical
AquestiveTherap
APM ...
APXI ...
APYX ...
AQST ...
dd
18
dd
dd
2.75
10.50
2.89
.79
–0.76 ...
+0.05 ...
–0.35 ...
... ...
14.88
10.90
189.07
10.43
2.84
2.49
117.08
9.85
BiomeaFusion
Bionomics
BioNTech
BioPlusAcqnA
BMEA ...
BNOX ...
BNTX .0
BIOS ...
dd
dd
3
cc
13.00
3.43
127.45
10.40
–0.63 ...
+0.35 ...
–3.321.5342
... ...
15.09
2.87
39.12
24.66
3.58
1.53
12.82
10.60
CenturyTherap
Ceragon
Cerence
Certara
IPSC ...
CRNT ...
CRNC ...
CERT ...
dd
dd
dd
cc
3.66
1.71
25.63
19.52
–1.05 ...
–0.09 ...
–2.28 ...
–2.21 ...
2.23 0.58 Aravive ARAV ... dd 1.60 –0.55 ... 46.25 1.95 BioraTherap BIOR ... dd 2.56 –0.41 ... 5.95 2.36 Cerus CERS ... dd 2.80 –0.11 ...
A Tech Wreck: A longtime financier to tech and biotech start-ups, 3.22 1.85 ArbutusBiopharma ABUS ... dd 2.80 –0.06 ... 10.53 2.00 Biote BTMD ... 16 4.55 –0.08 ... 10.41 9.87 ChainBridgeIA CBRG ... 22 10.40 +0.01 ...
104.87 65.16 ArcBest ARCB .5 8 96.57 –7.35 .12 14.68 1.42 Bioventus BVS ... dd 1.62 –0.61 ... 33.65 16.64 ChampionX CHX 1.2 38 28.68 –4.32 .085
Silicon Valley Bank, shuttered after large writedowns. The Nasdaq Com- 35.26 6.04 Arcellx ACLX ... dd 26.92 –1.30 ... 4.38 0.38 Bitfarms BITF ... dd .71 –0.17 ... 8.46 1.07 ChargeEnt CRGE ... dd 1.10 –0.04 ...
72.28 41.05 ArchCapital ACGL ... 18 66.61 –4.69 ... 4.08 1.18 BlackDiamond BDTX ... dd 1.35 –0.50 ... 583.72 297.66 CharterComms CHTR ... 11 329.49 –40.49 ...
posite Index ended Friday at 11,139—down 4.7% on the week. 153.00 1.61 Arcimoto FUV ... dd 1.64 –0.16 ... 65.40 43.54 Blackbaud BLKB ... dd 55.22 –1.38 ... 145.54 107.54 CheckPoint CHKP ... 20 125.03 –1.55 ...
22.74 7.85 ArcoPlatform ARCE ... cc 12.51 –0.29 ... 79.23 48.73 BlackLine BL ... dd 60.51 –10.00 ... 41.28 26.05 Cheesecake CAKE 3.1 41 34.83 –2.71 .27
31.41 11.70 ArcturusTherap ARCT ... dd 14.74 –1.74 ... 4.35 3.31 BlackRockCapInvt BKCC 11.5 17 3.49 –0.24 .10 42.16 27.22 ChefsWarehouse CHEF ... 48 31.29 –3.43 ...
Monday Tuesday Wednesday Thursday Friday 27.40 11.87 ArcutisBiotherap ARQT ... dd 12.09 –3.46 ... 14.52 10.61 BlkRkTCPCap TCPC12.0 9 10.67 –1.14 .32 53.43 40.74 ChemungFinl CHMG 2.6 8 48.58 –1.41 .31
4.16 0.49 Ardelyx ARDX ... dd 3.56 –0.26 ... 10.22 9.70 bleuacaciaA BLEU ... cc 10.18 –0.02 ... 10.53 9.98 ChengheAcqnA CHEA ... cc 10.53 +0.06 ...
11,815 22.65 16.53 AresCapital ARCC10.9 15 17.67 –1.78 .48 0.15 0.04 bleuacaciaRt BLEUR ... ... .10 +0.01 ... 107.31 72.50 ChesapeakeEner CHK 2.9 2 75.18 –8.99 1.29
407.93 267.35 arGEN-X ARGX ... dd 341.30 –5.72 ... 12.80 9.85 BlockchainCoinIA BCSA ... 53 10.25 –0.03 ... 20.00 13.46 ChicagoAtlRealEst REFI 13.9 7 13.50 –0.85 .29
11,730 10.75 0.36 ArgoBlockchain ARBK ... dd 1.35 –0.28 ... 10.52 9.82 BlockchainMoonA BMAQ ... dd 10.50 ... ... 15.89 3.47 ChickenSoupA CSSE ... dd 3.47 –0.69 ...
15.27 4.23 Arhaus ARHS ... 10 9.44 –4.74 ... 0.21 0.03 BlockchainMoonRt BMAQR ... ... .05 ... ... 57.00 29.20 Children'sPlace PLCE ... 6 41.19 –2.66 ...
11,645 10.30 9.79 AriszAcqnA ARIZ ... dd 10.30 +0.01 ... 28.46 15.89 BloominBrands BLMN 3.8 26 24.98 –1.94 .24 5.80 1.27 Chimerix CMRX ... 1 1.36 –0.27 ...
(Previous Friday Close) 0.20 0.01 AriszAcqnRt ARIZR ... ... .07 –0.03 ... 23.13 7.14 BlueBird BLBD ... dd 20.61 –1.11 ... 9.21 3.75 Chindata CD ... 24 6.50 –0.92 ...
12.20 8.56 ArmadaAcqnI AACI ... dd 10.04 –0.01 ... 13.93 9.96 BlueFoundryBncp BLFY ... cc 10.47 –1.58 ... 27.44 12.07 ChinookTherap KDNY ... dd 21.96 –1.77 ...
11,560 10.35 9.87 ArogoCapA AOGO ... dd 10.29 +0.02 ... 10.90 9.86 BlueOceanA BOCN ... 20 10.39 –0.01 ... 36.93 17.50 ChipMOSTechs IMOS14.6 8 23.81 –0.242.9194
24.59 5.45 ArrayTech ARRY ... dd 19.40 –1.13 ... 10.85 9.84 BlueWorldA BWAQ ... cc 10.42 +0.02 ... 181.34 93.35 ChordEnergy CHRD 3.7 2 136.04 –7.93 3.55
11,475 4.13 0.14 Arrival ARVL ... dd .21 –0.06 ... 0.25 0.06 BlueWorldRt BWAQR ... ... .12 +0.04 ... 253.29 172.75 ChurchillDowns CHDN .3 21 239.27 –8.86 .714
36.51 26.99 ArrowFinancial AROW 4.0 9 27.17 –2.39 .27 8.58 2.87 bluebirdbio BLUE ... dd 4.17 –0.92 ... 39.96 18.64 Chuy's CHUY ... 31 34.42 –2.38 ...
11,390 51.11 25.54 ArrowheadPharm ARWR ... dd 26.31 –6.04 ... 79.40 37.82 BlueprintMed BPMC ... dd 42.00 –5.45 ... 67.31 18.00 Cimpress CMPR ... dd 33.91 –3.50 ...
10.69 9.70 ArtemisStratInvt ARTE ... 24 10.32 ... ... 3.24 1.18 BoltBiotherap BOLT ... dd 1.31 –0.35 ... 143.22 88.66 CincinnatiFin CINF 2.7 dd 112.57 –8.49 .75
11,305 16.00 3.27 Arteris AIP ... dd 4.65 –0.51 ... 2630.00 1616.85 BookingHldgs BKNG ... 32 2480.49 –139.91 ... 470.23 343.86 Cintas CTAS 1.1 35 428.30 –13.55 1.15
63.00 44.08 ArtesianRscs A ARTNA 2.1 28 52.23 –3.12.2784 30.95 10.76 BowmanConsult BWMN ... 78 28.66 –0.13 ... 3.94 0.38 CipherMining CIFR ... dd 1.32 –0.29 ...
11,220 75.39 26.68 Arvinas ARVN ... dd 27.03 –4.36 ... 7.94 2.30 BraggGaming BRAG ... dd 3.78 –0.12 ... 108.42 61.94 CirrusLogic CRUS ... 18 100.79 –2.95 ...
134.53 61.58 AscendisPharma ASND ... dd 106.21 –7.91 ... 9.18 1.64 Brainsway BWAY ... dd 1.87 –0.06 ... 56.94 38.60 CiscoSystems CSCO 3.2 18 48.56 –0.72 .39
-13.27 -145.40 +45.67 -237.65
11,135 19.20 8.12 AscentIndustries ACNT ... 3 9.06 –1.23 ... 50.97 22.54 Braze BRZE ... dd 30.33 –3.15 ... 39.71 15.48 CitiTrends CTRN ... 3 24.97 –2.84 ...
-199.47 1.91 0.15 AspenGroup ASPU ... dd .17 –0.05 ... 19.95 4.98 BridgeBioPharma BBIO ... dd 14.06 +3.19 ... 15.77 11.35 CtznCmntyBcp CZWI 2.5 7 11.66 –0.72 .29
11,050 263.59 173.81 AspenTech AZPN ... ... 214.12 –6.18 ... 25.90 3.26 BridgerAerospace BAER ... 36 4.40 –1.35 ... 21.75 11.93 CitizensHolding CIZN 6.2 9 15.60 +0.30 .24
2.42 0.82 AssemblyBiosci ASMB ... dd 1.25 –0.13 ... 15.50 10.58 BridgfordFoods BRID ... 3 14.20 +1.21 ... 103.00 73.40 CityHolding CHCO 2.8 14 92.28 –5.36 .65
10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 49.56 31.04 AstecIndustries ASTE 1.2 dd 42.39 –6.88 .13 8.13 4.78 Brightcove BCOV ... dd 4.83 –0.30 ... 29.32 6.86 Clarus CLAR 1.1 dd 9.39 –0.50 .025
4.77 0.41 AstraSpace ASTR ... dd .43 –0.11 ... 60.54 38.38 BrighthouseFin BHF ... dd 48.75 –9.70 ... 10.60 9.79 CleanEarthA CLIN ... dd 10.25 +0.04 ...
72.12 52.65 AstraZeneca AZN 2.2 61 64.19 –1.01 .985 11.21 3.60 BrilliantEarthA BRLT ... cc 4.35 –0.79 ... 0.49 0.08 CleanEarthRt CLINR ... ... .15 ... ...
16.28 2.36 AstriaTherap ATXS ... dd 11.67 –2.17 ... 12.36 9.91 BroadCapital BRACU ... ... 10.60 ... ... 8.65 4.02 CleanEnerFuels CLNE ... dd 4.33 –0.66 ...
52-Week Tick Div 52-Week Tick Div 15.98 7.46 Astronics ATRO ... dd 13.14 –1.57 ... 10.60 9.88 BroadCapital BRAC ... dd 10.46 +0.01 ... 134.90 48.91 Clearfield CLFD ... 14 52.69 –8.31 ...
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 15.90 10.97 AstroNova ALOT ... cc 12.86 –0.08 ... 645.31 415.07 Broadcom AVGO 3.0 21 614.83 –17.93 4.60 2.85 0.98 ClearsideBiomed CLSD ... dd 1.08 –0.19 ...
78.99 46.94 Alarm.com ALRM ... 46 48.59 –2.90 ... 10.01 2.66 AtaraBiotherap ATRA ... dd 2.83 –0.78 ... 16.89 10.90 BrooklineBcp BRKL 4.8 8 11.30 –1.49 .135 10.36 9.43 ClimateRockA CLRC ... dd 10.34 +0.01 ...
A 9.79 3.21 AteaPharm AVIR ... dd 3.34 –0.19 ... 76.81 48.42 Bruker BRKR .3 36 72.10 –3.28 .05 0.15 0.06 ClimateRockRt CLRCR ... ... .14 ... ...
4.01 0.41 AlaunosTherap TCRT ... dd .51 –0.06 ...
94.45 47.50 AAON AAON .5 49 90.48 –3.44 .12 15.72 6.18 Alector ALEC ... dd 6.47 –1.42 ... 24.00 1.90 Athenex ATNX ... dd 1.94 –1.00 ... 10.85 9.87 BullpenParlayA BPAC ... 24 10.38 +0.02 ... 51.25 24.65 ClimbGlbl CLMB 1.4 17 49.00 +0.31 .17
28.06 12.24 AcadiaPharm ACAD ... dd 20.37 +0.03 ... 12.50 5.64 AlgomaSteel ASTL 2.5 3 7.89 –1.17 .05 14.22 2.53 AthiraPharma ATHA ... dd 2.66 –0.47 ... 39.33 17.62 Bumble BMBL ... dd 19.52 –2.86 ... 3.90 0.86 CloverHealth CLOV ... dd .91 –0.18 ...
34.20 19.68 ACI Worldwide ACIW ... 19 23.76 –2.11 ... 43.65 23.00 Alico ALCO .8 dd 24.85 –0.97 .05 3.79 2.10 AtlanticAmerican AAME .8 20 2.37 –0.02 .02 4.84 1.20 BurgerFiIntl BFI ... dd 1.31 –0.20 ... 54.53 35.61 CoastalFinl CCB ... 13 38.84 –7.03 ...
4.84 1.68 AC Immune ACIU ... dd 2.24 –0.16 ... 461.79 172.05 AlignTech ALGN ... 68 312.79 –21.77 ... 10.35 9.87 AtlCoastal II A ACAB ... dd 10.35 +0.03 ... 11.27 1.70 BurningRockBio BNR ... dd 2.89 –0.44 ... 656.11 405.03 CocaColaCon COKE .4 11 523.62 –26.31 3.00
23.15 5.46 ACM Research ACMR ... 20 11.74 +1.05 ... 19.17 6.04 AlignmentHlthcr ALHC ... dd 6.08 –1.52 ... 36.35 24.42 AtlanticaSust AY 6.5 dd 27.34 –1.31 .445 11.47 9.86 BurTechAcqnA BRKH ... cc 10.24 –0.06 ... 57.64 41.80 Coca-ColaEuro CCEP 3.1 16 54.05 –1.88 1.11
15.70 6.10 ACV Auctions ACVA ... dd 12.56 +0.34 ... 2.99 0.84 AligosTherap ALGS ... dd 1.32 –0.19 ... 61.41 23.15 Atlanticus ATLC ... 4 26.90 –5.61 ... 26.46 17.61 BusFirstBcshs BFST 2.7 8 17.99 –2.48 .12 22.22 4.00 Codexis CDXS ... dd 4.12 –0.81 ...
3.98 1.43 ADMA Biologics ADMA ... dd 3.09 –0.33 ... 7.92 1.69 AlimeraSciences ALIM ... dd 1.77 –0.43 ... 102.27 58.70 AtlasAir AAWW ... 9 99.93 +0.11 ... 5.71 0.64 BuzzFeed BZFD ... dd 1.29 –0.26 ... 7.15 0.30 CodiakBioSci CDAK ... dd .53 –0.03 ...
25.47 15.50 Adtran ADTN 2.3 dd 15.88 –0.92 .09 17.71 9.23 AlkamiTech ALKT ... dd 13.98 –1.47 ... 13.57 4.71 AtlasTech ATCX ... dd 12.15 –0.08 ... 10.59 9.89 byNordicAcqnA BYNO ... dd 10.32 –0.01 ... 25.95 18.66 CodorusValleyBncp CVLY 2.7 11 23.78 –0.99 .16
18.00 0.91 AerwinsTech AWIN ... 1 .98 –0.22 ... 32.79 21.75 Alkermes ALKS ... dd 26.61 –0.64 ... 318.64 113.86 Atlassian TEAM ... dd 155.78 –21.75 ... C 21.42 1.03 CoeptisTherap COEP ... 11 1.33 –0.38 ...
20.74 12.69 AFC Gamma AFCG17.2 6 13.00 –2.51 .56 8.73 2.54 Allakos ALLK ... dd 5.37 –0.43 ... 243.99 0.75 AtlisMotor AMV ... ... .83 –0.03 ... 18.07 3.79 CogentBio COGT ... dd 11.66 –1.83 ...
13.64 7.30 AGNC Invt AGNC14.4 dd 9.97 –0.74 .12 3.38 0.16 AllarityTherap ALLR ... dd .16 –0.04 ... 29.40 11.02 AtourLifestyle ATAT ... cc 23.49 –2.77 ... 5.23 1.48 Cadiz CDZI ... dd 4.11 –0.25 ... 72.21 46.75 CogentComm CCOI 5.9 cc 60.96 –3.12 .925
11.03 9.85 AIBAcqnA AIB ... ... 10.52 +0.05 ... 6.85 1.20 Allbirds BIRD ... dd 1.25 –1.81 ... 3.92 0.76 Atreca BCEL ... dd 1.41 –0.06 ... 63.77 43.10 C&F Fin CFFI 3.0 7 57.85 +0.07 .44 80.30 40.21 Cognex CGNX .6 38 47.47 –1.75 .07
0.25 0.07 AIBAcqnRt AIBBR ... ... .15 +0.03 ... 176.56 62.94 AllegiantTravel ALGT ... cc 96.06 –8.30 ... 68.58 32.51 AtriCure ATRC ... dd 35.87 –4.06 ... 25.39 20.49 CB FinSvcs CBFV 4.2 11 23.99 –0.33 .25 6.27 1.07 CognitionTherap CGTX ... dd 1.68 –0.01 ...
11.57 9.90 ALSPOrchidI A ALOR ... dd 10.35 +0.02 ... 47.67 19.20 AllegroMicro ALGM ... 56 44.06 –1.34 ... 783.80 534.99 Atrion ATRI 1.4 31 605.25 –22.96 2.15 11.54 7.41 CCC Intelligent CCCS ... cc 8.45 –0.34 ... 93.47 51.33 CognizantTech CTSH 1.9 14 60.38 –2.16 .29
20.40 5.10 AlxOncology ALXO ... dd 5.39 –1.13 ... 27.63 13.45 AllianceResource ARLP14.6 4 19.23 –1.95 .70 37.11 21.77 AuburnNatlBncp AUBN 4.5 8 23.82 –0.45 .27 215.00 147.91 CDW CDW 1.2 23 190.47 –11.16 .59 12.82 2.31 CognyteSoftware CGNT ... dd 3.41 –0.42 ...
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43.74 14.45 AMC Networks AMCX ... cc 18.30 –4.37 ... 65.37 47.19 AlliantEnergy LNT 3.6 18 50.19 –1.88.4525 27.86 14.95 AudioCodes AUDC 2.4 17 15.14 –1.19 .18 42.25 23.71 CEVA CEVA ... dd 30.46 –1.72 ... 14.11 5.58 CoherusBioSci CHRS ... dd 6.07 –0.99 ...
60.49 44.72 Amerisafe AMSF 2.7 18 50.79 –2.96 .34 44.88 21.14 AlliedMotionTech AMOT .3 36 39.01 –5.87 .025 24.83 9.43 AuraBiosciences AURA ... dd 10.00 –0.22 ... 10.55 9.83 CFAcqnVII A CFFS ... dd 10.30 +0.04 ... 38.40 24.06 Cohu COHU ... 18 35.97 –1.79 ...
44.60 23.71 A-MarkPrecMet AMRK 2.9 4 27.72 –1.81 .20 17.49 5.41 AllogeneTherap ALLO ... dd 5.70 –0.29 ... 10.43 9.83 AuraFatProjectsA AFAR ... cc 10.43 +0.03 ... 26.80 4.21 C4 Therap CCCC ... dd 4.38 –0.77 ... 206.79 31.55 CoinbaseGlbl COIN ... dd 53.44 –11.07 ...
45.99 22.31 ANI Pham ANIP ... dd 40.86 –4.60 ... 8.67 2.58 Allot ALLT ... dd 2.64 –0.17 ... 13.42 4.07 AuriniaPharm AUPH ... dd 8.79 –0.20 ... 121.23 86.60 CH Robinson CHRW 2.4 14 102.32 +1.34 .61 30.22 14.04 CollegiumPharm COLL ... dd 24.39 –2.55 ...
328.94 194.23 Ansys ANSS ... 49 296.03 –14.34 ... 10.29 3.17 AlloVir ALVR ... dd 4.87 –1.25 ... 4.56 0.73 AuroraCannabis ACB ... dd .74 –0.11 ... 10.98 9.81 CIIGCapPtrsII CIIG ... dd 10.28 +0.01 ... 134.26 84.16 ColliersIntl CIGI .3 cc 108.56 –4.95 .15
23.58 6.88 AN2 Therap ANTX ... dd 8.65 –1.66 ... 242.97 117.58 AlnylamPharm ALNY ... dd 182.66 –19.92 ... 6.54 1.10 AuroraInnov AUR ... dd 1.27 –0.20 ... 2.40 1.03 CLPS CLPS .0 dd 1.16 –0.20 .05 14.77 4.27 Collplant CLGN ... dd 8.95 –1.40 ...
51.95 30.15 APA APA 2.8 3 35.95 –5.20 .25 69.99 24.80 Alpha&Omega AOSL ... 9 24.97 –1.75 ... 1.20 0.60 AuroraMobile JG ... dd .62 –0.05 ... 251.99 166.55 CME Group CME 2.5 24 174.67 –10.62 1.10 18.98 10.98 ColonyBankcorp CBAN 4.0 10 11.09 –1.21 .11
22.45 15.50 ARKRestaurants ARKR 2.6 8 19.50 +1.00 .125 10.48 9.86 AlphaStarAcqn ALSA ... cc 10.45 ... ... 11.23 9.54 AuroraTechA ATAK ... 49 10.35 ... ... 28.50 21.30 CNB FinPA CCNE 3.2 7 21.76 –2.23 .175 36.04 22.76 ColumbiaBanking COLB 5.0 7 23.92 –4.78 .30
9.23 2.80 ARS Pharm SPRY ... dd 7.86 –1.25 ... 0.21 0.05 AlphaStarRt ALSAR ... ... .13 +0.04 ... 235.01 163.20 Autodesk ADSK ... 51 194.02 –13.44 ... 21.50 6.54 CompassPath CMPS ... dd 7.75 –0.74 ... 22.86 18.77 ColumbiaFin CLBK ... 24 19.28 –2.01 ...
714.62 363.15 ASML ASML .9 41 601.21 –36.171.8386 18.34 3.02 AlphaTeknova TKNO ... dd 3.78 –1.18 ... 4.73 1.60 AutolusTherap AUTL ... dd 1.90 +0.06 ... 42.50 10.44 CPI Card PMTS ... 13 40.56 +7.23 ... 98.32 65.02 ColumbiaSportswr COLM 1.4 17 86.33 –3.66 .30
10.48 9.81 A SPAC II ASCB ... ... 10.35 ... ... 143.79 83.34 Alphabet A GOOGL ... 20 90.63 –3.02 ... 274.92 196.61 ADP ADP 2.3 28 213.56 –11.19 1.25 128.10 78.35 CRA Intl CRAI 1.3 19 111.70 +1.22 .36 46.54 23.54 ColumbusMcKinn CMCO .8 23 36.76 –2.01 .07
0.30 0.05 A SPAC II Rt ASCBR ... ... .09 –0.09 ... 144.16 83.45 Alphabet C GOOG ... 20 91.01 –3.01 ... 10.20 1.05 AvadelPharm AVDL ... dd 8.70 –1.01 ... 86.95 38.94 CRISPR Therap CRSP ... dd 43.22 –7.62 ... 48.42 28.39 Comcast A CMCSA 3.3 30 35.31 –1.92 .29
14.27 3.55 AST Space ASTS ... dd 6.01 –0.23 ... 16.34 5.73 Alphatec ATEC ... dd 14.30 –1.72 ... 10.50 9.91 AvalonAcqn AVAC ... 33 10.40 +0.01 ... 66.58 52.11 CSG Systems CSGS 2.1 37 52.43 –4.67 .28 72.60 59.61 CommerceBcshrs CBSH 1.8 16 60.63 –5.39 .27
2.64 0.88 ATA Creativity AACG ... dd 2.00 +0.09 ... 10.65 10.05 AlphaTimeAcqn ATMC ... ... 10.20 +0.05 ... 30.23 15.69 Avantax AVTA ... dd 24.36 –3.56 ... 12.46 6.68 CSP CSPI .0 16 11.50 +0.48 .03 9.11 4.03 CommVehicle CVGI ... dd 7.55 –0.90 ...
5.80 1.31 ATAI Life ATAI ... dd 1.33 –0.23 ... 0.25 0.12 AlphaTimeRt ATMCR ... ... .16 ... ... 6.00 0.67 AveannaHealth AVAH ... dd 1.31 –0.14 ... 148.91 96.03 CSW Industrials CSWI .5 24 136.67 –6.81 .17 13.73 5.56 CommScope COMM ... dd 6.75 –1.05 ...
50.45 34.73 ATN Intl ATNI 2.1 dd 40.49 +0.36 .21 10.53 10.10 AlphaVestAcqn ATMV ... ... 10.16 –0.14 ... 6.13 3.40 AvePoint AVPT ... dd 4.26 –0.90 ... 38.17 25.80 CSX CSX 1.5 15 29.49 –1.66 .11 48.05 39.10 CmntyTrBcp CTBI 4.4 9 40.43 –2.28 .44
1.93 0.56 AVROBIO AVRO ... dd 1.18 –0.26 ... 0.57 0.12 AlphaVestAcqnRt ATMVR ... ... .16 ... ... 39.80 23.88 AviatNetworks AVNW ... 30 34.92 –2.16 ... 29.25 20.26 CVB Fin CVBF 3.7 13 21.61 –2.49 .20 16.55 13.32 CommWestBcshs CWBC 2.3 9 13.85 –1.30 .08
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

9.94 3.72 AXT AXTI ... 10 3.76 –0.58 ... 10.30 4.82 AlpineImmune ALPN ... dd 7.23 –0.76 ... 37.31 20.83 AvidTechnology AVID ... 23 28.67 +0.22 ... 12.88 0.59 CabalettaBio CABA ... dd 7.08 –2.02 ... 69.16 50.26 CommVaultSys CVLT ... cc 55.48 –3.73 ...
19.39 12.54 Abcam ABCM ... cc 13.82 –1.57 ... 7.25 1.90 AlpineSummit ALPS19.0 2 1.93 –0.13.0315 25.74 9.83 AvidityBio RNA ... dd 20.53 –4.13 ... 10.90 9.88 CactusAcqn1 A CCTS ... dd 10.42 +0.02 ... 11.16 9.60 CompassDigitalAcqn CDAQ ... 42 10.15 –0.01 ...
14.97 5.42 AbCelleraBio ABCL ... 15 7.55 –0.83 ... 10.40 9.80 AlsetCapAcqnA ACAX ... cc 10.29 +0.04 ... 11.86 5.86 AvidXchange AVDX ... dd 8.24 –1.73 ... 202.96 132.32 CadenceDesign CDNS ... 63 195.67 –0.83 ... 8.13 4.26 CompoSecure CMPO ... 9 6.85 +0.11 ...
9.38 1.82 Absci ABSI ... dd 1.86 –0.32 ... 0.44 0.05 AlsetCapAcqnRt ACAXR ... ... .17 –0.03 ... 327.80 131.83 AvisBudget CAR ... 3 191.84 –39.80 ... 81.58 31.31 CaesarsEnt CZR ... dd 47.31 –7.12 ... 3.57 0.51 Compugen CGEN ... dd .74 –0.10 ...
12.59 6.79 AbsoluteSftwr ABST 2.9 dd 8.01 –0.56.0595 67.61 43.17 AltairEngg ALTR ... dd 63.30 –2.43 ... 50.19 35.45 Avnet AVT 2.7 5 42.95 –2.62 .29 11.66 4.52 Caesarstone CSTE20.2 dd 4.96 –0.06 .25 35.50 25.33 ComputerPrograms CPSI ... 27 28.80 –1.70 ...
5.30 3.30 AcaciaResearch ACTG ... 52 4.57 +0.12 ... 10.40 9.88 AltEnergyA AEAE ... 12 10.36 +0.02 ... 3.22 1.32 Aware AWRE ... dd 1.73 +0.01 ... 65.32 43.08 Cal-MaineFoods CALM 9.6 6 56.08 –0.931.351 10.10 6.42 ComputerTask CTG ... 17 7.42 –0.30 ...
63.89 25.10 AcademySports ASO .5 8 59.87 –0.56 .09 23.49 3.83 Altimmune ALT ... dd 10.37 –1.22 ... 135.96 46.41 AxcelisTechs ACLS ... 23 123.69 –6.22 ... 7.62 2.96 CalAmp CAMP ... dd 4.00 –0.46 ... 3.07 1.00 comScore SCOR ... dd 1.05 –0.20 ...
89.85 63.20 AcadiaHealthcare ACHC ... 23 68.98 –5.45 ... 17.67 4.25 AltisourcePortf ASPS ... dd 5.18 –0.51 ... 2.89 0.16 AxcellaHealth AXLA ... dd .48 –0.11 ... 45.50 22.64 CalavoGrowers CVGW 4.7 dd 24.39 –8.26.2875 17.73 8.42 ComtechTel CMTL 3.0 dd 13.42 –2.75 .10
19.39 4.61 Accolade ACCD ... dd 11.53 –1.77 ... 61.73 32.18 AltraIndlMotion AIMC .6 32 61.60 –0.09 .09 226.00 82.49 AxonEnterprise AXON ... cc 213.00 –7.95 ... 26.17 18.51 CaliforniaBncp CALB ... 9 23.70 –1.76 ... 204.43 108.57 Concentrix CNXC .8 16 128.48 –9.57 .275
10.49 9.77 AccretionAcqn ENER ... dd 10.25 +0.02 ... 14.60 5.20 Alvotech ALVO ... cc 13.22 –0.72 ... 79.92 38.41 Axonics AXNX ... dd 52.60 –4.80 ... 22.70 10.82 CalliditasTherap CALT ... dd 16.83 –2.22 ... 5.89 3.29 Conduent CNDT ... dd 3.59 –0.41 ...
0.29 0.01 AccretionAcqnRt ENERR ... ... .12 –0.02 ... 27.33 16.82 AmalgamFin AMAL 1.9 8 20.53 –2.54 .10 82.00 20.63 AxsomeTherap AXSM ... dd 58.39 –6.89 ... 20.50 8.40 CalumetSpecialty CLMT ... dd 18.12 –2.01 ... 44.97 16.48 Confluent CFLT ... dd 21.79 –4.07 ...
3.67 1.70 Accuray ARAY ... dd 2.78 –0.23 ... 3.74 1.04 Amarin AMRN ... dd 1.59 –0.36 ... 89.20 37.61 Azenta AZTA ... dd 40.75 –3.98 ... 26.21 12.40 CambiumNtwks CMBM ... 27 19.00 –1.20 ... 2.55 1.28 Conifer CNFR ... dd 1.50 –0.20 ...
8.00 1.10 AcelRxPharm ACRX ... 0 1.18 –0.13 ... 170.83 81.43 Amazon.com AMZN ... dd 90.73 –4.17 ... 51.78 37.20 CamdenNational CAC 4.4 9 38.21 –3.17 .42 4.95 0.56 ConnectBiopharma CNTB ... dd 1.06 –0.17 ...
3.45 0.75 AchillesTherap ACHL ... dd .95 –0.12 ... B 34.61 20.83 Camtek CAMT ... 16 26.70 –1.70 ... 33.75 20.30 ConnectOneBncp CNOB 2.9 7 21.32 –3.47 .155
109.17 49.02 Ambarella AMBA ... dd 76.60 –5.97 ...
18.96 5.77 AclarisTherap ACRS ... dd 7.89 –4.89 ... 97.08 76.79 Amdocs DOX 1.9 20 90.73 –0.50 .435 20.71 14.80 BCB Bancorp BCBP 4.3 6 15.02 –1.94 .16 6.90 1.87 Canaan CAN ... 4 2.33 –0.41 ... 21.37 5.69 Conn's CONN ... dd 7.64 –1.28 ...
1.92 0.26 AcordaTherap ACOR ... dd .68 –0.24 ... 179.91 79.30 Amedisys AMED ... 23 82.56 –6.35 ... 12.69 5.45 BELLUS Health BLU ... dd 7.60 –0.08 ... 47.69 22.15 CanadianSolar CSIQ ... 15 39.25 –2.50 ... 65.68 33.37 ConsensusCloud CCSI ... 9 34.26 –3.95 ...
10.70 9.97 AcriCapitalA ACAC ... ... 10.48 +0.04 ... 32.63 24.41 AmerantBncpA AMTB 1.4 14 25.24 –2.67 .09 5.28 3.00 BGC Partners BGCP .8 39 4.94 –0.30 .01 5.75 1.40 CandelTherap CADL ... dd 1.62 –0.10 ... 10.50 9.72 Consilium I A CSLM ... cc 10.32 ... ...
25.47 10.90 AcrivonTherap ACRV ... ... 20.04 –0.96 ... 21.42 11.65 AmerAirlines AAL ... cc 15.46 –0.90 ... 36.14 20.15 BJsRestaurants BJRI ... cc 29.47 –2.84 ... 10.78 9.94 Canna-GlobalA CNGL ... cc 10.47 +0.02 ... 0.30 0.02 Consilium I Rt CSLMR ... ... .09 +0.01 ...
81.50 70.94 ActivisionBliz ATVI .6 41 77.97 –1.42 .47 105.60 80.30 AEP AEP 3.8 19 87.53 –1.56 .83 110.85 70.21 BOK Fin BOKF 2.3 12 94.42 –9.35 .54 6.25 0.56 Canoo GOEV ... dd .58 –0.16 ... 8.49 2.60 ConsldComm CNSL ... dd 2.63 –0.47 ...
10.97 3.02 AcumenPharm ABOS ... dd 4.56 –0.67 ... 38.89 30.19 AmNtlBcsh AMNB 3.8 10 31.22 –1.76 .30 33.34 17.08 BRP Group BRP ... dd 24.24 –2.81 ... 8.79 2.02 CanopyGrowth CGC ... dd 2.05 –0.23 ... 20.58 9.74 ConsldWater CWCO 2.3 41 15.01 –0.39 .085
2.19 0.48 AcutusMedical AFIB ... dd .92 –0.28 ... 14.99 7.10 AmOutdoorBrands AOUT ... dd 9.86 +0.16 ... 90.42 58.71 BRP DOOO .6 12 79.06 –6.55 .118 7.45 2.77 Cantaloupe CTLP ... dd 5.57 –0.61 ... 97.89 48.29 ConstellationEner CEG 1.5 dd 77.55 –1.43 .282
6.06 0.90 Adagene ADAG ... ... 1.35 –0.34 ... 24.02 7.83 AmericanPubEdu APEI ... dd 9.78 –0.51 ... 73.10 29.60 B RileyFin RILY 12.5 dd 32.08 –8.25 1.00 32.92 19.20 CanterburyPark CPHC 1.1 10 25.64 –0.46 .07 32.98 18.89 ConstructionPtrs ROAD ... 74 25.38 –2.72 ...
2.65 1.01 AdaptimmuneTher ADAP ... dd 1.12 –0.64 ... 22.53 12.89 AmerSoftware AMSWA 3.4 40 13.11 –0.86 .11 11.94 3.82 Backblaze BLZE ... dd 4.66 –1.09 ... 27.49 17.22 CapitalBancorp CBNK 1.3 6 17.61 –2.51 .06 15.47 4.64 ConsumerPtfo CPSS ... 3 9.41 –1.97 ...
15.19 5.96 AdaptiveBiotech ADPT ... dd 8.00 –1.08 ... 9.36 3.20 AmerSupercond AMSC ... dd 4.88 –0.49 ... 160.88 73.58 Baidu BIDU ... 44 132.42 –21.04 ... 36.86 24.43 CapitalCityBank CCBG 2.2 14 33.10 –3.28 .18 2.58 0.40 ContextLogic WISH ... dd .41 –0.09 ...
114.99 73.66 AddusHomeCare ADUS ... 35 98.74 –8.47 ... 60.78 40.70 AmericanWoodmark AMWD ... 11 53.02 –4.34 ... 39.78 20.42 BakerHughes BKR 2.6 dd 29.07 –3.21 .19 19.65 12.80 CapitalProduct CPLP 4.5 2 13.35 –1.42 .15 71.68 51.11 Copart CPRT ... 30 68.40 –3.02 ...
11.85 6.30 Adeia ADEA 2.2 dd 9.08 –0.75 .05 127.05 52.24 AmerCarMart CRMT ... 12 81.94 –5.56 ... 143.88 110.15 Balchem BCPC .6 38 124.82 –7.89 .71 24.40 16.28 CapitalSouthwest CSWC11.8 13 17.22 –1.59 .05 8.03 2.65 CorMedix CRMD ... dd 3.74 –0.48 ...
21.87 6.82 AdicetBio ACET ... dd 7.14 –0.64 ... 54.24 38.22 AmerisBancorp ABCB 1.4 9 42.45 –4.66 .15 12.57 4.43 BallardPower BLDP ... dd 5.28 –0.59 ... 10.85 9.90 CapitalworksEMA CMCA ... 26 10.37 –0.02 ... 22.91 10.96 CorsairGaming CRSR ... dd 16.32 –1.12 ...
473.49 274.73 Adobe ADBE ... 33 329.30 –14.74 ... 4.16 3.66 AmeriServFin ASRV 3.1 9 3.87 –0.08 .03 118.07 77.33 BancFirst BANF 1.8 15 87.05 –2.97 .40 11.30 7.19 CapitolFedFin CFFN 4.6 13 7.38 –0.92 .085 192.13 129.19 Corvel CRVL ... 46 175.72 –8.28 ...
6.77 2.11 AdvEmissions ADES ... ... 2.53 –0.38 ... 296.67 223.30 Amgen AMGN 3.7 19 227.87 –6.94 2.13 34.89 9.20 Bandwidth BAND ... dd 14.38 –1.64 ... 22.17 14.41 CapStarFin CSTR 2.7 8 14.60 –2.44 .10 2.11 0.61 CorvusPharm CRVS ... dd .65 –0.06 ...
101.00 67.55 AdvEnergyInds AEIS .4 17 92.62 –1.96 .10 13.84 5.91 AmicusTherap FOLD ... dd 11.44 –1.16 ... 49.52 34.50 BankOZK OZK 3.7 8 36.61 –7.45 .34 13.97 5.98 CaraTherap CARA ... dd 6.06 –4.22 ... 85.37 53.51 CoStar CSGP ... 72 67.08 –5.33 ...
125.67 54.57 AdvMicroDevices AMD ... 93 82.67 +1.15 ... 31.38 14.89 AmkorTech AMKR 1.2 8 25.36 –1.24 .075 30.86 21.08 Bank7 BSVN 2.4 8 26.61 –2.36 .16 23.47 12.26 CardiovascularSys CSII ... dd 19.58 –0.21 ... 612.27 406.51 Costco COST .8 35 471.14 –4.12 .90
6.74 1.78 AdvantageSolns ADV ... dd 2.02 –0.45 ... 44.46 26.76 AmphastarPharm AMPH ... 20 35.73 –0.38 ... 11.14 9.06 BankFinancial BFIN 4.2 12 9.49 –0.89 .10 62.90 3.50 Cardlytics CDLX ... dd 3.74 –1.29 ... 19.97 10.19 Couchbase BASE ... dd 14.60 –1.80 ...
1.82 0.53 AdverumBiotech ADVM ... dd .79 +0.03 ... 14.77 6.41 AmrytPharma AMYT ... dd 14.61 –0.01 ... 36.87 26.63 BankwellFin BWFG 2.9 6 27.20 –3.21 .20 5.79 2.50 Carecloud CCLD ... dd 3.04 –0.44 ... 40.37 17.23 CovenantLogist CVLG .9 5 35.48 +0.14 .11
3.17 0.33 AegleaBioTherap AGLE ... dd .38 –0.01 ... 13.45 6.66 AmtechSystems ASYS ... 9 9.00 –0.64 ... 75.72 52.35 Banner BANR 3.4 10 56.54 –6.63 .48 41.50 8.10 CareDx CDNA ... dd 9.53 +0.56 ... 126.32 81.87 CrackerBarrel CBRL 4.9 22 106.24 –3.63 1.30
14.65 2.67 Aemetis AMTX ... dd 2.68 –1.16 ... 41.93 6.51 AmylyxPharm AMLX ... dd 30.66 –3.56 ... 12.09 3.41 Baozun BZUN ... dd 5.40 –1.15 ... 9.23 2.77 CareMax CMAX ... dd 3.01 –1.10 ... 8.32 4.34 CreativeMedia CMCT 7.7 dd 4.43 –0.52 .085
30.79 10.52 AerovateTherap AVTE ... dd 21.91 –3.23 ... 5.15 1.08 Amyris AMRS ... dd 1.13 –0.05 ... 100.85 65.93 BarrettBus BBSI 1.3 14 89.58 –2.02 .30 45.68 9.14 CarGurus CARG ... 11 16.82 –0.64 ... 648.95 358.00 CreditAcceptance CACC ... 11 416.51 –33.34 ...
114.11 70.08 AeroVironment AVAV ... dd 90.54 +1.27 ... 196.41 133.48 AnalogDevices ADI 1.9 27 181.76 –4.49 .86 24.12 14.20 BassettFurniture BSET 3.4 13 18.46 –0.65 .16 13.19 4.89 CaribouBio CRBU ... dd 5.18 –0.93 ... 19.46 8.61 CredoTech CRDO ... dd 9.00 –1.31 ...
10.37 9.83 AetheriumAcqnA GMFI ... dd 10.37 +0.05 ... 32.44 18.20 AnaptysBio ANAB ... dd 22.37 –1.46 ... 23.54 17.52 BayCom BCML 2.2 9 18.37 –1.92 .10 19.30 3.22 CarismaTherap CARM ... dd 3.25 –9.09 ... 18.63 12.55 CrescentCapBDC CCAP 11.5 28 14.20 –1.53 .41
5.10 0.75 Affimed AFMD ... dd .76 –0.14 ... 15.24 7.13 AnavexLifeSci AVXL ... dd 8.98 –0.95 ... 68.31 45.71 BeaconRoof BECN ... 11 61.72 –5.60 ... 50.40 24.59 Carlyle CG 4.3 9 30.26 –5.26 .325 10.44 9.84 CresceraCapA CREC ... cc 10.43 +0.01 ...
51.49 8.62 AffirmHldgs AFRM ... dd 10.37 –3.26 ... 59.00 29.35 Andersons ANDE 1.8 11 41.72 –4.60 .185 73.27 27.77 BeamTherap BEAM ... dd 32.14 –6.96 ... 15.89 11.23 CarlyleSecured CGBD10.4 8 13.83 –1.67 .07 9.80 4.18 Cresud CRESY ... 2 6.78 –0.70 ...
17.02 8.73 Afya AFYA ... 16 11.77 –0.07 ... 16.80 1.47 Anghami ANGH ... ... 1.74 +0.09 ... 1.85 0.90 BeasleyBroadcast BBGI ... dd 1.03 –0.01 ... 9.24 3.92 CarParts.com PRTS ... dd 5.78 –0.77 ... 14.37 5.88 Cricut CRCT .0 33 8.98 –0.52 .35
88.16 31.49 Agilysys AGYS ... cc 79.58 –7.36 ... 6.31 1.81 Angi ANGI ... dd 2.21 –0.32 ... 30.00 1.13 BedBath BBBY ... dd 1.34 –0.15 ... 2.69 1.28 CarrolsRestr TAST ... dd 2.06 +0.03 ... 27.86 15.37 CrineticsPharm CRNX ... dd 17.28 –1.88 ...
34.76 16.75 AgiosPharm AGIO ... dd 21.97 –2.47 ... 24.87 11.33 AngioDynamics ANGO ... dd 11.79 –0.72 ... 280.62 118.18 BeiGene BGNE ... dd 216.24 –25.09 ... 18.84 12.58 CarterBkshrs CARE ... 8 15.33 –1.95 ... 36.76 20.56 Criteo CRTO ... cc 30.69 –1.83 ...
12.17 2.50 Agora API ... dd 2.95 –0.44 ... 2.63 0.52 AngionBiomed ANGN ... dd .53 –0.14 ... 44.30 19.65 BelFuse A BELFA .7 9 34.00 –4.81 .06 11.20 9.90 CartesianGrwIIA RENE ... 57 10.44 –0.07 ... 143.50 46.08 Crocs CROX ... 13 115.32 –10.22 ...
3.00 1.46 AgroFresh AGFS ... dd 2.99 +0.01 ... 32.51 19.95 AnikaTherap ANIK ... dd 26.10 –5.49 ... 42.00 14.84 BelFuse B BELFB .8 8 34.11 –2.93 .07 10.53 9.95 CarticaAcqnA CITE ... 35 10.52 +0.02 ... 4.31 1.90 Cronos CRON ... dd 1.93 –0.19 ...
10.39 9.86 AhrenAcqnA AHRN ... 44 10.38 +0.01 ... 7.65 2.06 Annexon ANNX ... dd 4.35 –0.38 ... 45.70 26.32 BentleySystems BSY .5 70 38.28 –4.20 .05 7.18 2.35 CasaSystems CASA ... dd 3.59 –0.20 ... 40.12 15.26 CrossCtyHlthcr CCRN ... 5 24.52 –1.07 ...
28.95 14.01 AirT AIRT ... 55 20.61 –0.39 ... 10.90 9.89 AnthemisDigA ADAL ... cc 10.42 +0.01 ... 7.79 1.20 BerkeleyLights BLI ... dd 1.29 –0.55 ... 14.00 9.72 CascadiaAcqnA CCAI ... 25 10.44 –0.01 ... 16.37 11.63 CrossFirstBkshs CFB ... 10 11.88 –1.88 ...
34.54 19.88 AirTransportSvcs ATSG ... 9 20.56 –2.38 ... 70.76 33.32 ApellisPharm APLS ... dd 62.22 –2.76 ... 4.12 0.51 BerkshireGrey BGRY ... dd .97 –0.31 ... 92.75 63.90 CasellaWaste CWST ... 74 75.41 –2.04 ... 242.00 92.25 CrowdStrike CRWD ... dd 119.72 –6.32 ...
179.09 81.91 Airbnb ABNB ... 42 118.30 –7.43 ... 50.23 35.96 ApogeeEnt APOG 2.2 14 43.51 –4.28 .24 0.90 0.04 BerkshireGreyWt BGRYW ... ... .15 –0.03 ... 249.90 174.05 CaseysGenStores CASY .7 18 211.72 –1.46 .38 9.56 1.63 CueHealth HLTH ... dd 1.79 –0.32 ...
14.60 2.69 AirSculptTech AIRS .0 dd 4.40 –0.99 .41 10.30 3.49 ApolloEnd APEN ... dd 9.91 –0.04 ... 12.85 6.78 Berry(bry) BRY 2.7 3 8.91 –0.81 .44 51.48 31.85 CassInfoSys CASS 2.5 18 45.88 –2.92 .29 15.89 7.30 CullinanOncology CGEM ... 5 10.89 –0.61 ...
123.25 71.55 AkamaiTech AKAM ... 24 71.96 –3.69 ... 135.81 79.92 AppFolio APPF ... dd 116.66 –12.92 ... 53.47 11.03 BeyondMeat BYND ... dd 17.27 –1.44 ... 47.27 15.58 CastleBiosci CSTL ... dd 19.47 –5.21 ... 3.15 1.89 CumberlandPharm CPIX ... dd 2.20 –0.10 ...
54.88 7.52 AkeroTherap AKRO ... dd 41.35 –6.23 ... 7.05 0.47 AppHarvest APPH ... dd .71 –0.31 ... 50.47 12.08 BicycleTherap BCYC ... dd 20.02 –1.91 ... 47.49 37.03 CathayGenBncp CATY 3.5 8 38.51 –4.30 .34 15.67 4.07 CumulusMedia CMLS ... 5 4.12 –0.94 ...
16.57 8.02 Akoya AKYA ... dd 9.73 –2.02 ... 66.91 29.80 Appian APPN ... dd 39.75 –4.89 ... 19.60 8.06 Big5SportingGds BGFV12.4 7 8.08 –0.90 .25 299.36 179.47 CavcoIndustries CVCO ... 10 284.53 –8.98 ... 20.49 5.63 CureVac CVAC ... dd 6.78 –1.40 ...
2.34 0.20 AksoHealth AHG ... dd .36 –0.09 ... 179.61 124.17 Apple AAPL .6 25 148.50 –2.53 .23 24.10 7.75 BigCommerce BIGC ... dd 8.64 –1.78 ... 16.73 4.09 CECO Env CECO ... 30 14.76 –0.82 ... 3.25 0.47 Curis CRIS ... dd .63 –0.06 ...
27.12 0.85 AppliedDigital APLD ... dd 1.87 –0.81 ... 35.00 8.23 Bilibili BILI ... dd 19.73 –2.88 ... 7.63 3.80 CellebriteDI CLBT ... 9 5.87 –0.25 ... 74.38 26.52 Cutera CUTR ... dd 29.17 –3.54 ...
142.01 71.12 ApplMaterials AMAT .9 15 114.39 –4.57 .26 113.81 68.00 Bio-Techne TECH .4 45 71.97 –6.27 .08 5.04 1.83 Cellectis CLLS ... dd 1.99 –0.14 ... 9.40 3.30 Cvent CVT ... dd 7.19 –0.11 ...
Nasdaq Issues includes stocks traded on the Nasdaq 8.02 0.33 AppliedMolecular AMTI ... dd .48 –0.09 ... 12.15 2.01 BioAtla BCAB ... dd 2.40 –0.57 ... 3.07 0.46 CelyadOncology CYAD ... dd 1.00 –0.07 ... 19.94 4.60 CVRx CVRX ... dd 9.25 –1.45 ...
Global Select and Nasdaq Global Market tiers. They are 4.00 1.48 AppliedOptoelec AAOI ... dd 2.66 –0.07 ... 16.00 9.27 BioceresCrop BIOX ... dd 11.35 –0.50 ... 9.95 2.89 CentessaPharm CNTA ... dd 3.63 –0.15 ... 180.01 100.35 CyberArkSoftware CYBR ... dd 139.76 –11.69 ...
eligible for inclusion on the basis of SEC-approved 2.73 0.50 AppliedTherap APLT ... dd .90 –0.07 ... 18.00 7.61 BioCryst BCRX ... dd 8.29 –0.50 ... 4.38 0.68 Centogene CNTG ... dd .85 –0.23 ... 9.54 1.67 CymaBayTherap CBAY ... dd 8.27 –0.32 ...
market value of publicly-held shares, trading volume, 58.27 9.14 Applovin APP ... dd 12.31 –1.64 ... 3.00 0.96 Biodesix BDSX ... dd 1.57 –0.43 ... 47.79 35.61 CentralGarden CENT ... 16 39.02 –1.61 ... 5.04 1.13 CyteirTherap CYT ... dd 1.62 –0.13 ...
price and number of market-makers. 13.40 1.10 Appreciate SFR ... dd 1.31 +0.10 ... 311.88 187.16 Biogen BIIB ... 12 256.56 –13.71 ... 44.53 33.69 CentralGardenA CENTA ... 15 37.29 –1.16 ... 16.05 7.38 CytekBiosci CTKB ... cc 9.11 –1.50 ...
 48 BARRON’S March 13, 2023

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
55.80 33.10 Cytokinetics CYTK ... dd 35.60 –6.35 ... 141.20 71.60 EuronetWorldwide EEFT ... 18 101.17 –10.84 ... G 42.17 22.79 Heidrick&Strug HSII 1.9 8 31.63 –2.85 .15 53.71 38.00 IntlBcshs IBOC 2.8 9 45.04 –4.13 .63
3.84 1.17 CytomXTherap CTMX ... dd 1.86 –0.28 ... 33.31 12.02 EuropeanWax EWCZ .0 87 16.37 –2.38 3.30 221.71 82.94 HelenofTroy HELE ... 17 102.20 –12.94 ... 7.51 4.29 Intevac IVAC ... dd 7.19 +0.02 ...
15.42 1.53 CyxteraTech CYXT ... dd 1.73 –0.62 ... 4.36 0.41 EveloBiosci EVLO ... dd .42 –0.13 ... 10.86 6.26 GCM Grosvenor GCMG 5.2 28 8.11 –0.32 .11 11.54 4.10 HelloGroup MOMO .0 dd 8.50 –0.80 .62 66.00 42.01 Intra-Cellular ITCI ... dd 44.00 –1.87 ...
D 52.09 24.10 Everbridge EVBG ... dd 30.02 –5.05 ... 48.40 8.41 GDS Holdings GDS ... dd 15.52 –5.08 ... 11.00 8.00 HennessyAdvsrs HNNA 6.8 11 8.03 –0.42.1375 507.71 339.36 Intuit INTU .8 58 392.61 –15.91 .78
14.22 5.87 EverCommerce EVCM ... dd 8.55 –1.36 ... 77.40 53.00 GE HealthCare GEHC ... ... 74.97 –1.40 ... 10.57 9.60 HennessyCapVI HCVI ... 30 10.14 +0.08 ... 136.00 8.55 IntuitiveMachinesA LUNR ... dd 15.67 –0.61 ...
3.43 1.08 DBV Tech DBVT ... dd 1.62 +0.18 ... 10.74 9.98 Evergreen EVGRU ... ... 10.47 +0.07 ... 20.32 8.19 GH Research GHRS ... dd 8.66 –1.85 ... 92.68 64.75 HenrySchein HSIC ... 20 77.04 –1.86 ... 308.97 180.07 IntuitiveSurgical ISRG ... 62 224.75 –10.12 ...
45.99 12.64 DiceTherap DICE ... dd 26.16 –5.47 ... 10.50 9.93 EvergreenA EVGR ... cc 10.46 +0.02 ... 31.70 11.60 G-IIIApparel GIII ... 4 15.84 –1.28 ... 14.87 9.73 HeritageCommerce HTBK 5.3 9 9.90 –2.03 .13 12.15 3.49 Inventiva IVA ... dd 4.60 –0.32 ...
33.74 10.32 DISH Network DISH ... 3 10.53 –0.70 ... 73.13 54.12 Evergy EVRG 4.3 18 57.56 –1.97.6125 17.49 2.95 G1Therapeutics GTHX ... dd 3.06 –0.74 ... 38.85 24.00 HeritageCrystal HCCI ... 10 35.63 –0.86 ... 23.72 18.19 Investar ISTR 2.1 5 18.29 –1.14 .095
35.97 13.95 DMC Global BOOM ... 32 23.25 –3.83 ... 18.86 5.23 EverQuote EVER ... dd 13.03 –1.13 ... 61.01 36.08 GRAVITY GRVY ... 9 53.00 –0.84 ... 34.34 22.65 HeritageFin HFWA 3.7 10 23.81 –3.39 .22 5.44 3.24 InvestcpCredit ICMB13.9 dd 3.74 –0.39 .02
2.81 0.59 D-MarketElec HEPS ... dd .81 –0.04 ... 9.44 4.71 EverspinTech MRAM ... 21 6.20 –0.95 ... 4.40 1.46 GSI Tech GSIT ... dd 1.50 –0.04 ... 24.35 14.49 HertzGlobal HTZ ... 5 17.21 –1.56 ... 11.39 9.90 InvestcorpEur I A IVCB ... ... 10.41 –0.01 ...
10.41 9.91 DPCapAcqnIA DPCS ... cc 10.40 ... ... 14.23 3.64 EVgo EVGO ... dd 5.95 –0.42 ... 10.65 9.78 GSRIIMeteoraA GSRM ... dd 10.25 ... ... 30.36 17.20 Hesai HSAI ... dd 19.00 –0.08 ... 10.60 9.95 InvestcorpIndiaA IVCA ... 95 10.50 ... ...
10.65 9.78 DuetAcqnA DUET ... dd 10.30 +0.05 ... 1.45 0.60 Evogene EVGN ... dd .67 –0.12 ... 3.00 0.35 GSRIIMeteoraRt GSRMR ... ... 1.07 –0.28 ... 75.38 39.58 Hibbett HIBB 1.5 7 65.35 –3.41 .25 210.40 125.80 InvestorsTitle ITIC 1.3 11 143.99 –12.67 .46
34.74 22.09 DXP Ents DXPE ... 13 27.48 –2.58 ... 14.34 6.51 Evolus EOLS ... dd 8.07 –1.14 ... 5.89 2.05 Gaia GAIA ... dd 3.09 +0.15 ... 38.21 17.31 HighPeakEner HPK .4 12 22.76 –5.90 .025 6.14 1.42 Invivyd IVVD ... dd 1.77 +0.02 ...
15.59 2.98 DadaNexus DADA ... dd 8.62 –2.07 ... 16.46 7.80 Evotec EVO ... dd 8.99 –0.10 ... 6.70 2.33 GainTherap GANX ... dd 3.67 –0.27 ... 24.42 7.90 HilleVax HLVX ... dd 15.10 –0.83 ... 48.82 31.46 IonisPharm IONS ... dd 33.96 –2.64 ...
4.71 1.46 Daktronics DAKT ... dd 4.65 +0.45 ... 9.44 2.10 Exagen XGN ... dd 2.43 +0.04 ... 72.11 36.20 Galapagos GLPG ... dd 37.50 +0.66 ... 12.45 6.60 HillmanSolns HLMN ... dd 8.23 –0.87 ... 18.73 5.42 IovanceBiotherap IOVA ... dd 6.21 –1.14 ...
8.49 3.73 DallasNews DALN14.3 dd 4.47 –0.07 .16 11.03 9.90 ExcelFinAcqnA XFIN ... dd 10.36 ... ... 2.95 1.04 Galecto GLTO ... dd 1.70 –0.47 ... 12.36 4.81 HimaxTechs HIMX16.6 6 7.46 –0.30 1.25 7.99 1.65 iQIYI IQ ... dd 7.31 –0.39 ...
159.00 61.34 Datadog DDOG ... dd 65.14 –11.84 ... 23.40 14.87 Exelixis EXEL ... 30 16.68 –0.47 ... 2.75 1.12 GaleraTherap GRTX ... dd 1.71 –0.16 ... 355.05 242.99 HinghamSvg HIFS 1.0 14 245.01 –37.99 .63 169.54 85.74 iRhythmTechs IRTC ... dd 107.27 –11.66 ...
52.54 29.60 Dave&Buster's PLAY ... 14 35.94 –5.48 ... 50.71 35.19 Exelon EXC 3.6 18 40.18 –1.20 .36 10.50 6.62 Gambling.com GAMB ... 43 8.94 –0.77 ... 20.43 12.46 HollysysAuto HOLI .0 10 16.94 –0.97 .32 5.39 1.96 Iridex IRIX ... dd 2.06 –0.22 ...
395.20 6.84 Dave DAVE ... dd 6.94 –1.36 ... 191.18 124.50 ExlService EXLS ... 36 153.09 –12.74 ... 11.12 9.95 Games&EsportsA GEEX ... 16 10.48 ... ... 86.65 59.78 Hologic HOLX ... 20 77.68 –2.76 ... 65.41 32.88 IridiumComm IRDM .9 cc 58.69 –3.88 .13
2.99 0.65 DAVIDsTEA DTEA ... dd .80 –0.14 ... 26.32 9.96 eXpWorld EXPI 1.6 cc 11.22 –1.13 .045 4.72 1.10 GamidaCell GMDA ... dd 1.54 –0.16 ... 43.45 33.16 HomeBancorp HBCP 2.8 9 35.67 –3.41 .25 17.97 1.02 IrisEnergy IREN ... ... 2.57 –0.05 ...
2.69 1.08 DawsonGeophys DWSN ... dd 1.49 –0.01 ... 203.98 82.39 Expedia EXPE ... 46 98.29 –9.32 ... 55.13 41.97 Gaming&Leisure GLPI 5.7 19 50.50 –4.42 .25 10.66 9.72 HomePlateAcqn HPLT ... 19 10.17 +0.03 ... 69.55 35.41 iRobot IRBT ... dd 43.93 +1.04 ...
28.35 5.44 DayOneBiopharm DAWN ... dd 17.95 –0.79 ... 119.90 86.08 ExpeditorsIntl EXPD 1.2 13 107.39 –2.01 .67 10.60 9.89 GardinerHlthcr GDNR ... cc 10.41 +0.01 ... 4.65 0.99 HomePtCap HMPT 8.4 dd 1.90 +0.21 .04 12.95 9.73 IronwoodPharm IRWD ... 11 10.67 –0.60 ...
5.78 1.61 DecibelTherap DBTX ... dd 4.02 –0.38 ... 25.39 7.42 Expensify EXFY ... dd 7.65 –1.18 ... 8.65 5.57 GarrettMotion GTX ... 10 7.30 –0.73 ... 52.38 20.48 HomeStreet HMST 6.7 6 20.90 –3.99 .35 5.10 0.60 IsoPlexis ISO ... dd .78 –0.35 ...
22.76 7.14 DecipheraPharm DCPH ... dd 14.50 –0.56 ... 112.75 80.97 Exponent EXPO 1.0 51 100.02 –5.44 .26 30.30 16.35 GenDigital GEN 3.0 18 16.61 –2.65 .125 31.11 21.55 HomeTrustBcshs HTBI 1.5 11 27.00 –1.88 .10 10.82 10.13 IsraelAcqns ISRL ... ... 10.20 +0.06 ...
30.11 9.53 DefinitiveHlthcr DH ... dd 11.03 –1.27 ... 17.66 4.09 Exscientia EXAI ... dd 6.24 –0.53 ... 3.28 0.22 GeneDx WGS ... dd .34 –0.14 ... 3.57 1.04 HomologyMed FIXX ... dd 1.23 –0.20 ... 37.26 15.54 iTeosTherap ITOS ... 2 16.08 –1.22 ...
39.43 20.24 DenaliTherap DNLI ... dd 23.22 –4.59 ... 21.03 8.49 ExtremeNetworks EXTR ... 48 17.57 –0.56 ... 9.59 3.40 GenerationBio GBIO ... dd 3.61 –0.50 ... 6.16 2.54 Honest HNST ... dd 2.69 –0.31 ... 60.61 39.38 Itron ITRI ... dd 52.83 –3.95 ...
51.15 26.48 DentsplySirona XRAY 1.4 dd 36.93 –1.81 .14 14.21 2.19 EyePointPharm EYPT ... dd 2.42 –0.84 ... 27.37 9.93 GenesisGrowthA GGAA ... dd 10.57 –1.45 ... 220.96 166.63 Honeywell HON 2.1 27 193.33 –3.49 1.03 27.52 20.83 IturanLocation ITRN 2.5 13 22.75 +0.06 .14
79.08 56.19 DescartesSystems DSGX ... 63 74.63 –2.13 ... 10.68 5.52 Ezcorp EZPW ... 13 8.56 –0.50 ... 10.81 9.97 GenesisUnicorn GENQU ... ... 10.58 –0.02 ... 22.10 12.90 HookerFurnishings HOFT 4.2 26 20.97 +0.21 .22 J
26.30 6.08 DesignTherap DSGN ... dd 6.49 –0.61 ... F 10.57 9.88 GenesisUnicornA GENQ ... dd 10.50 +0.02 ... 17.11 11.09 HopeBancorp HOPE 4.8 6 11.56 –1.22 .14
7.57 3.27 DestinationXL DXLG ... 4 6.00 –0.20 ... 3.27 0.73 Genetron GTH ... dd .95 –0.04 ... 20.68 12.87 HorizonBancorp HBNC 4.9 6 13.05 –2.09 .16 27.87 10.65 JakksPacific JAKK ... 2 14.82 –4.95 ...
3.95 2.76 Deswell DSWL 7.2 13 2.76 –0.15 .10 55.42 25.18 FARO Tech FARO ... dd 25.65 –1.48 ... 5.05 3.02 Genfit GNFT ... 5 4.32 –0.12 ... 10.20 10.10 HorizonSpaceI HSPO ... ... 10.18 +0.02 ... 165.90 117.45 J&JSnackFoods JJSF 2.0 63 139.46 –4.18 .70
134.76 66.89 DexCom DXCM ... cc 107.77 –15.15 ... 217.41 133.68 F5 FFIV ... 28 138.50 –7.10 ... 47.50 26.19 Genmab GMAB ... 30 34.88 –1.82 ... 1.03 0.10 HorizonSpaceI Rt HSPOR ... ... .15 –0.02 ... 69.43 33.17 JD.com JD .0 44 40.47 –6.99 1.26
197.00 160.00 DiamondHillInvt DHIL 3.6 13 167.40 –9.32 1.50 4.03 1.31 FGFinancial FGF ... dd 2.57 –0.11 ... 31.48 23.28 Gentex GNTX 1.8 20 26.94 –1.81 .12 14.34 9.67 HorizonTechFin HRZN12.3 13 10.74 –0.73 .11 13.55 2.39 Joann JOAN18.3 dd 2.41 –0.98 .11
168.95 103.71 DiamondbkEner FANG 2.2 6 135.91 –10.85 2.15 10.50 9.89 FG Merger FGMC ... dd 10.36 –0.02 ... 77.46 49.45 Gentherm THRM ... 82 59.63 –7.00 ... 117.49 57.84 HorizonTherap HZNP ... 50 110.04 –0.01 ... 47.23 21.38 Joyy YY 7.1 4 28.44 –3.94 .51
43.68 18.54 DigiIntl DGII ... 49 32.40 –1.66 ... 4.06 0.60 FLJ FLJ ... 1 1.16 –0.02 ... 7.17 3.76 GeospaceTech GEOS ... dd 7.01 +0.54 ... 21.63 15.10 HostHotels HST 3.0 18 15.90 –1.17 .12 212.62 157.54 JackHenry JKHY 1.3 33 158.08 –7.98 .52
28.79 12.45 Digimarc DMRC ... dd 19.94 –1.11 ... 63.52 53.08 FRP Holdings FRPH ... cc 56.00 +2.08 ... 41.41 32.76 GermanAmBncp GABC 2.9 13 35.01 –4.06 .25 2.69 1.10 HubCyberSecurity ... dd 1.70 +0.03 ... 94.68 54.80 JackintheBox JACK 2.2 13 80.83 –6.63 .44
11.24 9.96 DigitalHealth DHAC ... dd 11.20 +0.10 ... 10.51 9.70 FTACEmeraldA EMLD ... dd 10.18 +0.06 ... 3.84 1.01 Geron GERN ... dd 2.57 –0.31 ... 104.67 60.81 HubGroup HUBG ... 8 88.45 –5.26 ... 0.56 ... JaguarGlbGrwI Rt JGGCR ... ... .21 +0.02 ...
74.84 13.38 DigitalWorldA DWAC ... dd 13.73 –0.74 ... 10.70 9.79 FTACZeusAcqnA ZING ... dd 10.23 +0.02 ... 57.54 36.58 GibraltarInds ROCK ... 19 49.44 –4.56 ... 11.70 10.01 HudsonAcqnI HUDA ... dd 10.19 ... ... 12.38 9.97 JaguarGlblGrowthI JGGCU ... ... 10.60 –0.93 ...
36.82 27.74 DimeCommBcshs DCOM 3.3 8 28.72 –2.54 .25 26.84 14.29 FTAI Aviation FTAI 5.0 dd 23.82 –1.96 .33 62.00 4.14 GigaCloudTech GCT ... 33 4.90 –0.07 ... 1.35 0.14 HudsonAcqnIRt HUDAR ... ... .19 –0.01 ... 11.53 9.82 JaguarGlbGrwI A JGGC ... 61 10.38 –0.03 ...
97.45 58.52 Diodes DIOD ... 12 88.24 –5.40 ... 4.25 2.22 FTAI Infra FIP 4.2 dd 2.84 –0.11 .03 9.11 4.97 GilatSatellite GILT ... dd 5.57 –0.18 ... 44.00 20.51 HudsonGlobal HSON ... 8 24.40 +0.50 ... 26.60 20.21 JamesRiver JRVR .9 38 22.38 –2.05 .05
26.43 11.80 DiscMedicine IRON ... dd 21.08 –3.29 ... 6.83 1.78 FTC Solar FTCI ... dd 2.54 –0.32 ... 89.74 57.17 GileadSciences GILD 3.8 22 79.50 –1.57 .75 1.60 0.45 HuizeHolding HUIZ ... dd 1.32 –0.19 ... 36.18 17.16 JamfHolding JAMF ... dd 19.19 –2.15 ...
55.96 25.66 DistributionSoln DSGR ... 28 41.56 –4.23 ... 8.63 0.60 FangddNetwork DUO ... ... .82 –0.05 ... 70.96 30.74 GitLab GTLB ... dd 44.36 –7.91 ... 8.04 1.96 Humacyte HUMA ... 8 2.72 –0.42 ... 23.64 9.39 JanuxTherap JANX ... dd 14.09 –2.25 ...
10.68 3.95 Diversey DSEY ... dd 8.11 +1.77 ... 8.79 4.31 Fanhua FANH 1.8 76 8.19 –0.10.1453 12.78 8.21 GladstoneCap GLAD 9.7 24 9.31 –0.80 .075 218.18 153.92 JBHunt JBHT 1.0 19 175.45 –11.19 .42 169.98 125.36 JazzPharm JAZZ ... dd 134.06 –12.06 ...
3.28 0.61 DiversifiedHlthcr DHC 2.7 dd 1.50 –0.15 .01 7.85 0.25 FaradayFuture FFIE ... dd .47 –0.10 ... 23.38 12.38 GladstoneComm GOOD 9.6 dd 12.49 –1.28 .10 15.74 11.67 HuntingtonBcshs HBAN 4.6 9 13.37 –1.85 .155 15.26 6.18 JetBlue JBLU ... dd 7.53 –0.79 ...
3.52 0.75 DixieGroup DXYN ... dd .79 –0.09 ... 7.83 4.04 FarmerBros FARM ... dd 4.10 –0.24 ... 16.85 11.40 GladstoneInvt GAIN 7.7 9 12.48 –1.23 .08 35.15 21.75 Hurco HURC 2.2 31 27.74 –0.94 .15 28.03 16.36 JFrog FROG ... dd 18.58 –4.15 ...
35.96 9.03 dLocal DLO ... ... 14.05 –1.12 ... 60.74 43.73 Fastenal FAST 2.7 27 51.52 –2.16 .35 42.10 16.14 GladstoneLand LAND 3.4 dd 16.38 –1.68.0459 82.87 43.29 HuronConsulting HURN ... 21 75.96 –4.25 ... 186.01 0.69 JianzhiEduc JZ ... ... 1.15 –0.17 ...
52.84 23.40 Docebo DCBO ... cc 35.42 –0.71 ... 10.50 9.84 FatProjectsAcqn FATP ... dd 10.50 +0.04 ... 10.62 9.75 GlblBlockchain GBBK ... cc 10.25 +0.04 ... 6.70 0.78 Hut8Mining HUT ... dd 1.26 –0.30 ... 3.79 1.57 Jiayin JFIN ... 1 2.58 –0.35 ...
113.67 39.57 DocuSign DOCU ... dd 49.69 –15.40 ... 43.12 4.02 FateTherap FATE ... dd 4.88 –1.23 ... 0.11 0.04 GlbBlockchainRt GBBKR ... ... .08 +0.01 ... 17.45 1.18 Hydrofarm HYFM ... dd 1.75 +0.05 ... 84.54 46.30 JohnsonOutdoors JOUT 2.1 15 59.51 –4.14 .31
6.63 0.80 Dogness DOGZ ... 10 .91 –0.04 ... 10.75 9.91 FeutuneLightA FLFV ... ... 10.36 +0.03 ... 37.65 15.63 Global-EOnline GLBE ... dd 25.76 –3.18 ... 4.10 0.68 Hyperfine HYPR ... dd 1.51 –0.01 ... 7.94 0.58 JounceTherap JNCE ... dd .90 –0.21 ...
177.19 124.76 DollarTree DLTR ... 19 140.29 –8.86 ... 0.53 0.05 FeutuneLightRt FLFVR ... ... .14 –0.02 ... 12.25 9.96 GlobalStarAcqn GLSTU ... ... 10.50 +0.13 ... 7.90 4.93 Hywin HYW ... 5 6.15 +0.30 ... 10.68 9.89 JupiterWellnessA JWAC ... cc 10.43 +0.04 ...
57.41 11.35 Domo DOMO ... dd 12.36 –3.49 ... 25.69 7.81 FibroGen FGEN ... dd 20.12 –1.90 ... 11.00 10.00 GlobalStarA GLST ... dd 10.26 –0.04 ... 6.57 1.00 HyzonMotors HYZN ... dd 1.02 –0.28 ... 0.28 0.06 JupiterWellnessRt JWACR ... ... .20 +0.05 ...
17.13 13.05 DonegalGroup A DGICA 4.5 dd 14.64 –0.76 .165 52.90 34.20 FidelityD&D FDBC 3.1 9 46.63 –1.94 .36 0.38 0.08 GlobalStarRt GLSTR ... ... .13 +0.01 ... I K
20.18 13.08 DonegalGroup B DGICB 3.9 dd 15.25 +0.20.1475 9.46 5.89 FiestaRestaurant FRGI ... dd 8.17 –0.22 ... 11.52 9.87 GlblTechAcqnI GTAC ... 20 10.43 +0.03 ...
32.61 22.51 DorchesterMnls DMLP12.9 9 28.92 –2.38.8843 48.03 29.50 FifthThirdBncp FITB 4.3 9 30.37 –5.86 .33 17.35 10.61 GlobalWaterRscs GWRS 2.4 51 12.20 –0.40.0248 106.77 41.52 IAC IAC ... dd 49.02 –4.36 ... 429.46 250.20 KLA KLAC 1.4 15 367.51 –14.02 1.30
119.04 73.32 DormanProducts DORM ... 22 83.45 –7.02 ... 34.43 22.15 FinInstitutions FISI 5.3 6 22.48 –2.28 .30 79.49 36.81 GlobalFoundries GFS ... 24 64.20 –2.51 ... 31.40 13.30 IBEX IBEX ... 29 27.14 –0.80 ... 18.63 3.64 KLX Energy KLXE ... dd 14.38 –0.08 ...
13.09 8.00 DoubleDown DDI ... dd 8.52 –1.01 ... 0.20 0.05 FinStrategiesRt FXCOR ... ... .15 ... ... 10.46 9.88 GlobalinkInvt GLLI ... dd 10.32 –0.04 ... 121.28 87.99 ICF Intl ICFI .5 31 106.22 –6.11 .14 11.88 6.89 KVH Inds KVHI ... 10 9.93 –0.10 ...
2.48 0.90 DouYuIntl DOYU ... dd 1.17 –0.23 ... 6.37 0.30 FinchTherap FNCH ... dd .36 –0.07 ... 0.26 0.01 GlobalinkInvtRt GLLIR ... ... .04 –0.01 ... 251.73 128.90 ICU Medical ICUI ... dd 153.15 –16.51 ... 10.74 9.87 KairousAcqn KACL ... cc 10.69 +0.04 ...
21.62 9.77 DraftKings DKNG ... dd 18.55 –0.49 ... 10.85 9.85 FinnovateAcqnA FNVT ... dd 10.40 –0.01 ... 4.16 0.51 GlycoMimetics GLYC ... dd 1.31 –0.25 ... 19.14 8.14 IDEAYA Bio IDYA ... dd 15.39 –1.89 ... 0.55 0.06 KairousAcqnRt KACLR ... ... .20 –0.02 ...
28.75 3.90 DragonflyEnergy DFLI ... dd 3.97 –0.21 ... 10.55 9.92 FintechEcoA FEXD ... cc 10.46 ... ... 23.69 11.57 Gogo GOGO ... 22 15.33 –1.20 ... 560.92 317.06 IdexxLab IDXX ... 57 454.86 –33.14 ... 107.41 59.24 KaiserAlum KALU 4.3 dd 71.28 –13.05 .77
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35.45 24.62 DrivenBrands DRVN ... cc 27.30 –1.49 ... 0.30 0.07 FintechEcoRt FEXDR ... ... .12 –0.03 ... 17.59 2.83 Gogoro GGR ... dd 3.70 –0.58 ... 46.00 24.94 IES Holdings IESC ... 22 42.12 –2.38 ... 2.80 1.32 Kaltura KLTR ... dd 1.85 +0.04 ...
24.99 19.07 Dropbox DBX ... 12 19.12 –1.51 ... 19.48 8.20 FinWiseBancorp FINW ... 5 8.88 –0.23 ... 30.66 16.82 GolarLNG GLNG ... ... 22.21 –0.78 ... 35.98 12.67 IGM Biosci IGMS ... dd 18.06 –3.57 ... 17.06 4.12 KalVistaPharm KALV ... dd 6.96 –1.21 ...
23.05 10.04 DuckCreekTech DCT ... dd 18.90 –0.01 ... 21.01 10.07 FirstAdvantage FA ... 31 13.03 –0.85 ... 59.96 32.53 GoldenEnt GDEN ... 16 40.66 +0.12 ... 21.44 3.19 I-Mab IMAB ... dd 3.70 –0.76 ... 5.94 3.72 Kamada KMDA ... dd 4.20 –0.13 ...
14.25 5.64 DuluthHoldings DLTH ... 96 6.73 +0.57 ... 49.00 32.90 FirstBancorpNC FBNC 2.3 9 38.37 –3.22 .22 16.46 7.24 GoldenOcean GOGL 17.1 4 9.63 –0.84 .20 75.53 48.33 IndusRealty INDT 1.1 cc 66.10 –0.28 .18 3.75 2.00 KandiTech KNDI ... dd 2.25 –0.21 ...
130.50 60.50 Duolingo DUOL ... dd 117.78 –1.49 ... 32.05 27.07 FirstBancorp FNLC 5.0 8 27.34 –1.95 .34 15.58 11.94 GolubCapital GBDC10.5 19 12.60 –1.15 .33 4.98 1.22 IN8bio INAB ... dd 1.27 –0.31 ... 29.50 9.74 Kanzhun BZ ... cc 18.28 –3.82 ...
17.48 7.26 DynavaxTechs DVAX ... 5 9.73 –0.71 ... 35.97 26.95 FirstBancshares FBMS 3.1 10 27.47 –3.70 .21 20.59 3.82 GoodRx GDRX ... dd 5.76 –0.16 ... 9.77 2.15 IO Biotech IOBT ... dd 2.49 –0.13 ... 20.00 12.50 KaratPkg KRT .0 12 14.62 –0.76 .35
15.63 4.30 DyneTherap DYN ... dd 13.09 –1.91 ... 16.76 11.68 FirstBank FRBA 2.0 6 11.87 –1.73 .06 15.69 9.66 Goodyear GT ... 16 10.88 –0.93 ... 134.81 79.88 IPG Photonics IPGP ... 60 118.13 –8.99 ... 278.25 92.26 KarunaTherap KRTX ... dd 179.07 –16.43 ...
E 27.98 21.54 FirstBusey BUSE 4.3 10 22.45 –1.77 .23 87.30 29.23 GooseheadIns GSHD ... cc 49.69 –0.93 ... 30.84 18.59 i3Verticals IIIV ... dd 24.42 –1.95 ... 8.63 2.45 KaryopharmTherap KPTI ... dd 3.00 –0.13 ...
39.88 29.85 FirstBusFinSvcs FBIZ 2.8 7 32.56 –3.27.2275 9.42 4.50 GoPro GPRO ... 29 5.03 –0.34 ... 26.35 8.85 IVERICbio ISEE ... dd 21.56 –1.65 ... 2.70 0.70 Katapult KPLT ... dd .71 –0.31 ...
11.32 3.02 ECARX ECX ... 20 4.93 –0.25 ... 885.38 598.01 FirstCitizBcshA FCNCA .5 9 616.18 –85.82 .75 10.76 9.60 GoresIX A GHIX ... 78 10.05 +0.03 ... 10.30 9.75 IXAcqnA IXAQ ... 18 10.27 ... ... 13.70 8.73 KearnyFinancial KRNY 4.9 13 8.89 –1.18 .11
12.65 6.00 EDAP TMS EDAP ... cc 11.95 –0.54 ... 39.39 26.51 FirstCommBkshs FCBC 4.1 10 28.37 –2.17 .29 15.20 1.18 GossamerBio GOSS ... dd 1.31 –0.52 ... 55.55 47.17 IcahnEnterprises IEP 15.9 dd 50.40 –3.51 2.00 23.00 13.41 KellyServices A KELYA 1.8 dd 16.40 –0.69 .075
0.21 0.07 EFHuttonAcqnIRt EFHTR ... ... .19 +0.01 ... 26.72 18.75 FirstFinBncpOH FFBC 4.2 10 22.15 –2.48 .23 4.13 2.19 Grab GRAB ... dd 2.85 –0.43 ... 39.73 21.04 Ichor ICHR ... 12 30.03 –2.72 ... 26.64 13.64 KellyServices B KELYB 1.8 dd 16.75 –0.04 .075
11.37 9.98 EFHuttonAcqnI EFHT ... ... 10.19 –0.01 ... 47.32 32.15 FirstFinBkshs FFIN 2.1 20 32.88 –3.53 .17 5.69 1.68 GracellBiotech GRCL ... dd 1.86 –0.16 ... 18.00 2.10 iClickInteract ICLK ... dd 3.12 –0.55 ... 8.69 6.60 KY FirstFedBncp KFFB 5.9 43 6.75 –0.02 .10
10.59 10.00 EsgenAcqn ESACU ... ... 10.48 +0.12 ... 49.90 39.27 FirstFinIN THFF 2.7 7 40.05 –3.62 .20 121.60 78.37 GrandCanyonEduc LOPE ... 19 108.55 –5.21 ... 263.62 171.43 Icon ICLR ... 35 213.91 –19.97 ... 68.29 24.38 KerosTherap KROS ... dd 44.27 –15.05 ...
11.11 9.95 EsgenAcqnA ESAC ... 17 10.45 ... ... 17.95 14.25 FirstFinNW FFNW 3.6 10 14.52 –0.62 .13 9.74 1.59 GraphiteBio GRPH ... dd 2.40 –0.25 ... 16.87 2.28 Icosavax ICVX ... dd 6.74 –1.23 ... 41.31 33.35 KeurigDrPepper KDP 2.3 34 34.32 –0.23 .20
21.80 15.63 ESSA Bancorp ESSA 3.2 9 18.69 –0.41 .15 26.44 11.43 FirstFoundation FFWM 3.8 6 11.58 –3.35 .11 1.58 0.45 GraybugVision GRAY ... dd .54 –0.04 ... 20.48 4.38 iHeartMedia IHRT ... dd 4.90 –0.39 ... 20.48 13.55 KewauneeSci KEQU ... dd 16.50 +1.24 ...
33.98 21.01 EVO Payments EVOP ... dd 33.78 –0.03 ... 29.65 15.95 FirstGuarBcshs FGBI 3.9 6 16.51 –3.59 .16 15.66 7.80 GreatElmCap GECC19.4 dd 9.27 –0.33 .35 8.99 1.94 IkenaOncology IKNA ... dd 4.51 +0.12 ... 7.40 4.00 KeyTronic KTCC ... 13 6.55 –0.32 ...
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22.50 16.00 EagleBncpMT EBMT 3.2 12 17.13 –0.29.1375 29.53 21.21 FirstHawaiian FHB 4.5 11 23.03 –3.70 .26 2.55 1.40 GreatElm GEG ... 42 2.28 +0.01 ... 371.16 173.45 Illumina ILMN ... dd 194.01 –27.20 ... 10.77 9.70 KeyarchAcqn KYCH ... cc 10.27 +0.01 ...
53.78 24.35 EaglePharm EGRX ... 15 25.06 –1.97 ... 47.28 22.01 FirstInternetBncp INBK 1.0 6 22.88 –3.51 .06 15.40 5.21 GreatLakesDredge GLDD ... dd 5.54 –0.26 ... 7.25 0.44 iMediaBrands IMBI ... dd .60 –0.13 ... 0.64 ... KeyarchAcqnRt KYCHR ... ... .16 +0.02 ...
116.80 4.72 Eargo EAR ... dd 4.84 –1.08 ... 46.34 30.26 FirstInterBanc FIBK 5.9 17 31.74 –3.39 .47 64.16 50.30 GreatSouthernBncp GSBC 3.0 9 53.27 –4.82 .40 8.31 4.28 Immersion IMMR 1.6 8 7.64 –0.07 .03 18.55 4.31 KezarLifeSci KZR ... dd 4.64 –1.01 ...
85.32 60.29 EastWestBncp EWBC 3.1 8 62.71 –12.54 .48 45.04 34.07 FirstMerchants FRME 3.4 10 37.39 –3.46 .32 41.25 26.09 GreenPlains GPRE ... dd 31.66 –3.28 ... 16.17 3.70 Immuneering IMRX ... dd 7.53 +2.44 ... 78.15 49.35 Kforce KFRC 2.4 17 61.15 –1.39 .36
22.35 13.56 EasternBankshares EBC 2.9 11 13.81 –2.07 .10 41.36 26.30 FirstMidBcshs FMBH 3.4 7 26.81 –4.41 .23 14.75 11.05 GreenPlainsPtrs GPP 14.3 7 12.73 –0.18 .455 12.64 1.11 Immunic IMUX ... dd 1.66 –0.27 ... 28.18 16.66 KimballElec KE ... 14 23.62 –2.27 ...
25.12 17.10 Eastern EML 2.1 9 21.18 ... .11 23.72 12.72 FirstNWBncp FNWB 2.2 8 12.72 –1.22 .07 10.75 9.93 GreenVisorI A GVCI ... 18 10.53 +0.05 ... 7.80 1.22 ImmunityBio IBRX ... dd 1.44 –0.54 ... 12.63 6.11 KimballIntl B KBAL 2.9 dd 12.58 +5.68 .09
47.10 2.52 EbangIntl EBON ... 5 5.86 –1.25 ... 218.25 59.60 FirstSolar FSLR ... dd 207.73 –2.38 ... 12.68 0.22 GreenidgeGen GREE ... dd .39 –0.12 ... 69.06 23.99 Immunocore IMCR ... dd 51.39 –2.00 ... 7.62 1.77 KingsoftCloud KC ... dd 3.90 –0.60 ...
60.39 35.92 eBay EBAY 2.4 dd 42.04 –4.00 .25 59.94 42.29 1stSource SRCE 2.7 10 47.25 –2.50 .32 16.20 0.27 Greenlane GNLN ... dd .38 ... ... 6.63 3.10 Immunogen IMGN ... dd 3.78 –0.59 ... 17.20 7.36 KiniksaPharm KNSA ... 5 11.99 –0.29 ...
42.89 12.50 Ebix EBIX 1.9 7 16.16 –1.62 .075 24.00 16.18 FirstUnited FUNC 3.7 5 19.35 –0.14 .20 14.15 0.36 GreenLightBio GRNA ... dd .37 –0.15 ... 6.50 3.51 ImmunoPrecise IPA ... dd 3.94 –0.33 ... 15.86 3.30 KinnateBio KNTE ... dd 3.46 –1.54 ...
25.64 15.26 EchoStar SATS ... 9 19.08 –1.02 ... 18.95 11.57 FirstWatchRest FWRG ... cc 15.28 –0.96 ... 10.49 6.51 GreenlightCapRe GLRE ... 17 9.72 +0.14 ... 20.24 3.15 Immunovant IMVT ... dd 15.55 –1.47 ... 12.76 2.83 Kirkland's KIRK ... dd 2.93 –0.33 ...
14.33 5.41 EdgewiseTherap EWTX ... dd 7.41 –2.02 ... 33.40 20.56 FirstWesternFin MYFW ... 10 21.57 –3.69 ... 13.34 5.71 Grifols GRFS ... 87 7.63 –0.92 ... 3.45 1.47 Immutep IMMP ... dd 1.72 +0.01 ... 6.75 0.87 Knightscope KSCP ... ... 1.03 –0.12 ...
5.55 0.79 Edgio EGIO ... dd 1.03 –0.27 ... 100.00 63.43 FirstCash FCFS 1.5 16 88.21 –1.85 .33 28.98 12.89 GrindrodShipping GRIN .9 3 13.39 –1.11 .03 10.75 1.05 ImpelPharm IMPL ... dd 1.14 –0.30 ... 12.80 4.90 KodiakSciences KOD ... dd 5.65 –0.85 ...
21.60 7.48 EditasMedicine EDIT ... dd 7.83 –1.13 ... 3.66 0.89 FirsthandTechVal SVVC ... dd 1.04 +0.03 ... 5.85 1.71 Gritstone GRTS ... dd 2.13 –0.42 ... 144.90 39.74 Impinj PI ... dd 127.00 –12.12 ... 89.70 18.79 KornitDigital KRNT ... dd 19.28 –2.30 ...
8.99 2.00 EducDev EDUC ... dd 3.14 –0.52 ... 148.70 112.44 FirstService FSV .7 49 133.29 –4.70 .225 46.37 25.71 GroceryOutlet GO ... 41 26.70 –0.91 ... 95.39 50.50 InariMedical NARI ... dd 56.59 +0.75 ... 44.87 32.73 KraftHeinz KHC 4.2 20 37.94 –1.10 .40
17.84 3.32 EHang EH ... dd 10.16 –1.87 ... 119.48 87.03 Fiserv FISV ... 29 111.83 –6.43 ... 21.18 5.52 Groupon GRPN ... dd 5.61 –1.21 ... 90.00 2.23 Incannex IXHL ... dd 2.31 –0.15 ... 22.26 8.90 KratosDefense KTOS ... dd 12.89 –0.20 ...
13.46 2.67 eHealth EHTH ... dd 8.12 –0.91 ... 212.56 109.49 FiveBelow FIVE ... 48 196.04 –10.34 ... 10.60 9.65 GrowthforGoodA GFGD ... dd 10.24 +0.06 ... 10.48 9.80 InceptionGrowth IGTA ... dd 10.26 –0.03 ... 16.06 10.21 KrispyKreme DNUT 1.1 dd 13.30 –0.20 .035
10.02 0.96 EigerBioPharma EIGR ... dd 1.20 –0.42 ... 49.50 6.64 5EAdvMatls FEAM ... dd 6.73 –0.75 ... 0.21 ... GrowthforGoodRt GFGDR ... ... .14 +0.02 ... 0.19 0.07 InceptionGrowthRt IGTAR ... ... .13 +0.01 ... 8.42 1.35 KronosBio KRON ... dd 1.48 –0.30 ...
13.48 2.87 8x8 EGHT ... dd 5.08 –0.53 ... 121.17 46.61 Five9 FIVN ... dd 61.87 –5.31 ... 83.11 46.53 GrAeroportuario OMAB 4.4 28 79.89 –0.60.4944 86.29 65.07 Incyte INCY ... 47 72.01 –5.55 ... 89.59 47.67 KrystalBiotech KRYS ... dd 73.16 –5.88 ...
15.50 2.00 89bio ETNB ... dd 12.00 –2.17 ... 31.73 23.57 FiveStarBncp FSBC 2.4 10 25.10 –2.44 .15 77.72 24.21 GuardantHealth GH ... dd 25.01 –7.07 ... 91.65 67.61 IndependentBank INDB 3.1 12 70.59 –7.41 .55 62.16 35.95 Kulicke&Soffa KLIC 1.5 10 51.37 –2.28 .19
13.97 8.15 ElPolloLoco LOCO .0 19 10.81 –1.34 1.50 25.12 13.63 Flex FLEX ... 12 21.65 –1.25 ... 5.74 3.10 GulfIslandFab GIFI ... dd 4.24 –0.27 ... 24.97 17.87 IndepBankMI IBCP 4.6 7 20.02 –2.11 .23 19.93 10.30 KuraOncology KURA ... dd 10.71 –1.06 ...
244.80 162.01 ElbitSystems ESLT 1.1 39 174.93 +6.39 .50 23.81 13.46 Flexsteel FLXS 3.1 14 19.27 –1.23 .15 4.95 2.85 Gulf Resources GURE ... 3 3.01 –0.22 ... 78.94 49.55 IndependentBank IBTX 2.9 11 52.96 –4.85 .38 96.60 30.95 KuraSushiUSA KRUS ... dd 66.69 –1.33 ...
142.79 108.92 ElectronicArts EA .7 29 109.19 –3.96 .19 26.78 4.96 FluenceEnergy FLNC ... dd 18.08 –2.51 ... H 23.08 3.05 IndLogistics ILPT 1.1 dd 3.50 –0.73 .01 44.75 13.15 KymeraTherap KYMR ... dd 29.59 –3.23 ...
4.61 0.72 ElevationOnc ELEV ... dd 1.20 +0.06 ... 2.36 0.96 Fluent FLNT ... dd 1.36 –0.07 ... 10.44 9.89 IndlTechII A ITAQ ... 55 10.35 +0.03 ... L
11.02 2.21 EliemTherap ELYM ... dd 3.01 –0.39 ... 23.69 16.27 FlushingFin FFIC 5.3 7 16.75 –2.52 .22 56.47 26.12 H&E Equipment HEES 2.3 13 48.62 –7.18 .275 9.01 4.26 Infinera INFN ... dd 7.19 –0.14 ...
134.40 2.02 EmbarkTech EMBK ... dd 2.49 –1.32 ... 32.88 14.56 Flywire FLYW ... dd 24.78 –2.86 ... 23.49 16.09 HBT Finl HBT 3.2 10 21.33 –1.11 .17 1.76 0.17 InfinityPharm INFI ... dd .20 –0.04 ... 10.71 9.84 LamfGlbI A LGVC ... cc 10.41 ... ...
63.00 22.30 Embecta EMBC 2.0 11 30.27 –1.47 .15 52.62 30.27 FocusFinPtrs FOCS ... 37 51.33 –0.49 ... 10.90 9.87 HCM Acqn A HCMA ... 29 10.44 +0.04 ... 3.28 0.78 InflaRx IFRX ... dd 1.80 –0.02 ... 10.85 9.94 LavaMedtech LVAC ... 7 10.39 ... ...
10.91 9.96 EmbraceChange EMCG ... cc 10.40 +0.01 ... 10.49 9.88 FocusImpact FIAC ... 22 10.35 +0.02 ... 3.32 1.65 HCW Biologics HCWB ... dd 1.73 –0.05 ... 7.76 4.15 InfoSvcsGrp III 3.2 13 5.00 –0.35 .04 7.38 1.93 LavaTherap LVTX ... ... 1.99 –0.45 ...
0.45 0.08 EmbraceChangeRt EMCGR ... ... .11 ... ... 16.50 4.69 FocusUniversal FCUV ... dd 4.77 –0.57 ... 25.95 20.95 HMN Fin HMNF 1.1 12 21.36 –0.25 .06 102.99 78.32 InglesMarkets IMKTA .7 6 91.89 –0.70 .165 10.42 9.94 LFCapAcqnIIA LFAC ... cc 10.42 +0.03 ...
3.92 0.86 Emcore EMKR ... dd 1.16 –0.24 ... 18.12 4.51 FoghornTherap FHTX ... dd 5.30 –0.50 ... 2.39 0.72 Hookipa HOOK ... dd .81 –0.08 ... 34.72 7.67 Inhibrx INBX ... dd 21.45 –2.72 ... 126.60 71.73 LGI Homes LGIH ... 7 99.77 –6.94 ...
10.41 9.79 EM Horizon A HORI ... 14 10.40 +0.04 ... 10.90 9.90 ForbionEuroA FRBN ... dd 10.51 +0.07 ... 21.44 7.39 HutchmedChina HCM ... dd 14.20 –3.22 ... 42.46 20.60 InMode INMD ... 16 31.11 –3.96 ... 10.45 9.85 LIVCapAcqnII A LIVB ... ... 10.40 +0.02 ...
28.37 20.26 Enact ACT 2.5 5 22.66 –1.79 .14 44.40 18.15 FormFactor FORM ... 45 28.40 –1.95 ... 53.52 21.98 H World HTHT .0 dd 48.31 –3.70 .21 3.97 1.90 InnatePharma IPHA ... dd 2.95 +0.14 ... 59.33 43.37 LKQ LKQ 2.0 13 54.60 –3.73 .275
79.50 37.59 EnantaPharma ENTA ... dd 45.09 –2.42 ... 110.42 68.00 FormulaSys FORTY 1.4 13 70.50 +2.01 .671 24.78 17.60 HackettGroup HCKT 2.4 14 18.24 –1.02 .11 9.00 2.78 Innodata INOD ... dd 6.32 –0.95 ... 271.56 151.53 LPL Financial LPLA .5 22 231.56 –24.01 .30
72.73 44.06 EncoreCapital ECPG ... 7 48.92 –4.64 ... 59.56 30.29 ForresterRes FORR ... 28 31.84 –2.72 ... 35.46 15.20 HainCelestial HAIN ... 33 16.76 –1.35 ... 116.00 83.13 Innospec IOSP 1.3 19 101.31 –10.04 .65 16.00 5.41 LSI Inds LYTS 1.5 18 13.59 –1.51 .05
206.74 94.39 EncoreWire WIRE .0 5 185.05 –12.23 .02 71.52 42.61 Fortinet FTNT ... 55 58.76 –2.08 ... 10.62 9.94 HainanManaslu HMAC ... cc 10.33 +0.02 ... 8.03 3.39 InnovAge INNV ... dd 6.03 –1.64 ... 15.15 10.65 LakeShoreBancorp LSBK 6.8 11 10.65 –0.82 .18
11.36 9.97 EnergemA ENCP ... cc 10.60 –0.05 ... 10.87 10.00 FortuneRiseA FRLA ... dd 10.52 –0.03 ... 0.78 0.06 HainanManasRt HMACR ... ... .15 ... ... 11.78 9.94 InnovativeIntlA IOAC ... dd 10.64 +0.06 ... 20.02 13.91 LakelandBcp LBAI 3.4 11 17.17 –2.07 .145
26.34 16.92 EnergyRecovery ERII ... 53 22.26 –1.00 ... 117.57 84.04 ForwardAir FWRD .9 15 105.34 –2.04 .24 41.50 4.21 HallmarkFin HALL ... dd 10.17 +0.10 ... 9.90 5.77 InnovSolSuprt ISSC ... 26 7.77 –0.05 ... 83.57 62.26 LakelandFin LKFN 2.8 16 65.77 –5.76 .46
29.70 15.38 EnlightRenewableEn ENLT ... 72 17.04 +1.15 ... 11.20 3.25 Fossil FOSL ... dd 3.56 –1.01 ... 59.46 34.00 HalozymeTherap HALO ... 29 41.63 –4.74 ... 20.71 10.64 Innoviva INVA ... 5 10.79 –0.20 ... 19.70 11.13 LakelandInd LAKE .8 38 15.00 –0.37 .03
25.34 3.90 EnlivenTherap ELVN ... 93 21.09 –1.01 ... 16.08 9.00 FosterLB FSTR ... dd 12.57 –0.16 ... 81.23 55.81 HamiltonLane HLNE 2.4 25 65.44 –12.10 .40 35.67 13.22 Inogen INGN ... dd 13.47 –2.01 ... 11.76 9.89 LakeshoreAcqnII LBBB ... dd 10.38 +0.01 ...
26.30 6.50 Enovix ENVX ... dd 9.56 –0.16 ... 26.49 5.32 4D Molecular FDMT ... dd 15.45 –3.49 ... 57.00 40.67 HancockWhitney HWC 2.8 7 42.48 –6.44 .30 4.00 1.09 InovioPharm INO ... dd 1.13 –0.19 ... 0.35 0.05 LakeshoreII Rt LBBBR ... ... .16 –0.03 ...
339.92 128.67 EnphaseEnergy ENPH ... 76 210.22 –6.94 ... 42.02 28.02 FoxA FOXA 1.5 12 33.14 –1.78 .25 27.35 20.55 HanmiFinancial HAFC 4.7 6 21.45 –1.99 .25 6.25 0.99 InozymePharma INZY ... dd 2.77 –0.31 ... 574.79 299.59 LamResearch LRCX 1.4 13 478.82 –12.831.725
99.52 70.29 EnsignGroup ENSG .3 22 87.59 –3.86.0575 38.67 26.35 FoxB FOX 1.6 11 30.51 –1.69 .25 24.68 18.44 HanoverBancorp HNVR 2.0 6 19.91 +0.15 .10 4.58 0.63 Inseego INSG ... dd .66 –0.16 ... 119.68 81.10 LamarAdv LAMR 5.1 23 98.19 –8.15 1.25
273.00 169.04 Enstar ESGR ... dd 231.58 –13.41 ... 127.54 69.28 FoxFactory FOXF ... 24 113.96 –8.78 ... 15.57 12.12 HarborOneBncp HONE 2.2 13 12.65 –0.89 .07 138.99 81.11 InsightEnt NSIT ... 18 134.36 –2.62 ... 214.00 116.85 LancasterColony LANC 1.8 50 186.59 –3.49 .85
141.82 61.75 Entegris ENTG .5 52 79.17 –8.17 .10 44.77 22.67 Franchise FRG 9.2 dd 27.24 –1.96 .625 15.80 8.25 Harmonic HLIT ... 49 12.23 –0.53 ... 28.94 16.41 Insmed INSM ... dd 17.98 –2.62 ... 26.43 20.67 LandmarkBncp LARK 3.9 11 21.29 –1.89 .21
40.88 28.57 EnterpriseBncp EBTC 2.8 9 32.68 –2.79 .23 100.00 68.27 FranklinElec FELE 1.0 23 90.76 –6.02 .225 62.09 33.04 HarmonyBio HRMY ... 14 41.26 –1.98 ... 13.00 0.95 Inspirato ISPO ... dd 1.06 –0.01 ... 188.47 137.15 LandstarSystem LSTR .7 15 176.55 –5.72 .30
56.35 39.64 EnterpriseFinSvcs EFSC 2.0 9 50.13 –5.39 .25 6.90 3.07 FreightCarAmer RAIL ... dd 3.68 –0.07 ... 5.18 0.59 HarpoonTherap HARP ... dd .66 –0.12 ... 12.32 0.47 InstilBio TIL ... dd .64 –0.13 ... 87.47 47.46 Lantheus LNTH ... cc 71.26 –1.68 ...
10.95 9.87 Ent4.0TechAcqnA ENTF ... cc 10.42 +0.01 ... 9.75 4.92 FrequencyElec FEIM .0 dd 6.85 +0.33 1.00 20.31 5.40 HarrowHealth HROW ... dd 17.64 –1.02 ... 320.00 181.00 Insulet PODD ... cc 280.36 –6.81 ... 10.80 3.01 LanzaTechGlobal LNZA ... 94 3.17 –0.48 ...
3.24 0.51 EnthusiastGaming EGLX ... dd .60 –0.07 ... 5.59 0.59 FrequencyTherap FREQ ... dd .59 –0.09 ... 17.88 7.02 Harte-Hanks HHS ... 2 9.63 –1.32 ... 42.11 13.52 Intapp INTA ... dd 38.73 –0.26 ... 14.09 4.75 Largo LGO ... dd 5.19 –1.34 ...
24.38 5.12 EntradaTherap TRDA ... dd 12.17 +1.54 ... 118.77 36.02 Freshpet FRPT ... dd 56.78 –5.90 ... 6.49 1.98 HarvardBioSci HBIO ... dd 2.67 +0.05 ... 67.14 40.67 IntegraLifeSci IART ... 25 52.87 –2.93 ... 6.85 1.53 LarimarTherap LRMR ... dd 5.51 –0.75 ...
62.82 40.37 ePlus PLUS ... 12 49.29 –5.52 ... 21.26 10.51 FreshworksA FRSH ... dd 13.64 –1.92 ... 94.22 48.68 Hasbro HAS 5.7 34 49.21 –6.41 .70 10.65 9.79 IntegralAcqn1 INTE ... dd 10.23 +0.02 ... 10.51 9.88 LatAmGrowthA LATG ... 17 10.43 –0.01 ...
7.99 5.29 EpsilonEnergy EPSN 4.7 4 5.35 –0.55.0625 33.88 19.06 Frontdoor FTDR ... 29 25.74 –2.60 ... 60.03 21.50 HashiCorp HCP ... dd 27.93 –3.72 ... 16.38 6.63 IntegralAd IAS ... cc 12.22 +0.35 ... 4.71 0.49 Latch LTCH ... dd .51 –0.31 ...
6.05 1.87 EQRx EQRX ... dd 2.05 –0.23 ... 30.83 20.83 FrontierComms FYBR ... 14 24.34 –3.11 ... 21.71 9.24 HawaiianHoldings HA ... dd 9.64 –1.58 ... 52.51 24.59 Intel INTC 1.8 14 27.22 +0.82 .125 17.09 2.75 Latham SWIM ... dd 3.16 –0.34 ...
3.60 0.52 Equillium EQ ... dd .56 –0.33 ... 15.25 8.19 Frontier ULCC ... dd 10.66 –0.92 ... 48.12 33.31 Hawkins HWKN 1.5 14 38.84 –3.31 .15 78.58 32.44 IntelliaTherap NTLA ... dd 35.82 –7.57 ... 93.35 43.41 LatticeSemi LSCC ... 68 86.57 –2.04 ...
776.35 494.89 Equinix EQIX 2.0 87 665.63 –39.78 3.41 7.33 2.47 FuelCell FCEL ... dd 3.10 –0.38 ... 26.60 21.06 HawthornBcsh HWBK 3.0 7 22.80 –2.27 .17 3.37 1.33 Intellicheck IDN ... dd 2.20 –0.50 ... 13.35 9.24 LaureateEduc LAUR .0 29 11.54 –0.37 .68
38.04 27.00 EquityBcshs EQBK 1.3 8 27.80 –1.52 .10 24.79 3.21 FulcrumTherap FULC ... dd 4.51 –1.48 ... 60.85 29.00 HaynesIntl HAYN 1.7 13 51.06 –7.67 .22 10.34 9.94 IntelligentMedA IQMD ... ... 10.27 +0.01 ... 15.82 5.68 Lavoro LVRO ... 24 5.94 –2.82 ...
12.03 2.93 Erasca ERAS ... dd 3.05 –0.45 ... 65.32 28.53 FulgentGenetics FLGT ... 7 30.55 –3.19 ... 27.98 6.40 HealthCatalyst HCAT ... dd 11.77 –2.36 ... 4.63 1.72 Inter INTR ... ... 1.91 +0.03 ... 11.58 0.41 Leafly LFLY ... 5 .45 –0.09 ...
286.50 158.46 ErieIndemnity A ERIE 2.1 40 226.81 –8.86 1.19 18.91 13.72 FultonFin FULT 3.9 9 15.44 –1.63 .15 10.85 9.87 HealthcareAI A HAIA ... 14 10.40 –0.02 ... 140.86 64.52 InterParfums IPAR 1.9 35 133.73 –6.28 .625 1.95 0.39 LeapTherap LPTX ... dd .47 –0.10 ...
2.18 0.30 ErytechPharma ERYP ... dd .76 –0.13 ... 27.79 7.14 Funko FNKO ... dd 7.95 –1.93 ... 20.54 11.55 HealthcareSvcs HCSG 7.1 26 12.00 –0.94 .215 90.19 52.18 InteractiveBrkrs IBKR .5 21 80.29 –8.94 .10 30.56 15.20 LeeEnterprises LEE ... dd 15.20 –1.70 ...
14.69 9.25 Escalade ESCA 4.7 10 12.69 –0.09 .15 10.83 2.70 FusionFuelGreen HTOO ... ... 3.18 –0.46 ... 79.20 51.10 HealthEquity HQY ... dd 61.68 –4.28 ... 21.86 10.81 InterceptPharm ICPT ... 2 16.12 –4.56 ... 25.61 11.96 LegacyHousing LEGH ... 8 19.06 –1.20 ...
8.87 4.24 EsperionTherap ESPR ... dd 4.57 –1.77 ... 7.94 1.98 FusionPharm FUSN ... dd 4.06 –0.73 ... 26.62 18.81 HealthStream HSTM .4 64 25.04 –0.84 .025 7.59 1.95 Intercure INCR ... 9 1.96 –0.57 ... 16.19 7.37 LegalZoom LZ ... dd 8.35 –0.22 ...
4.50 1.95 EtonPharm ETON ... dd 3.87 –0.05 ... 72.20 21.23 Futu FUTU ... 21 45.33 –4.90 ... 18.17 12.78 HeartlandExp HTLD .5 10 16.10 –0.81 .02 75.74 40.23 InterDigital IDCC 1.9 24 73.60 +0.08 .35 57.72 30.76 LegendBiotech LEGN ... dd 43.42 –2.86 ...
151.50 67.01 Etsy ETSY ... dd 105.98 –15.44 ... 10.90 9.95 FutureTechIIA FTII ... cc 10.43 ... ... 51.61 39.27 HeartlandFinUSA HTLF 2.7 9 44.62 –4.66 .30 15.05 8.25 Interface TILE .5 27 8.41 –0.97 .01 56.38 38.32 LeMaitreVascular LMAT 1.2 52 47.97 –2.73 .14
 March 13, 2023 BARRON’S 49

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
129.30 17.60 LendingTree TREE ... dd 27.88 –4.94 ... 86.24 48.43 MicronTech MU .8 10 54.93 –1.85 .115 85.60 6.25 Novavax NVAX ... dd 6.52 –1.17 ... 3.97 1.72 PerformantFin PFMT ... dd 3.19 –0.06 ... 3.27 0.13 RedHillBio RDHL ... dd .20 –0.03 ...
16.70 7.51 LeonardoDRS DRS ... 5 12.54 –0.49 ... 315.95 213.43 Microsoft MSFT 1.1 28 248.59 –6.70 .68 120.03 56.39 Novocure NVCR ... dd 66.21 –11.95 ... 37.18 16.41 PerionNetwork PERI ... 16 33.91 –0.87 ... 11.06 9.78 RedwoodsAcqn RWOD ... ... 10.24 ... ...
6.07 3.02 LesakaTech LSAK ... dd 4.58 –0.07 ... 522.80 132.56 MicroStrategy MSTR ... dd 192.01 –54.90 ... 23.27 3.82 Novonix NVX ... dd 4.05 –0.09 ... 15.70 7.50 Perma-PipeIntl PPIH ... 15 10.29 +0.56 ... 0.22 0.06 RedwoodsAcqnRt RWODR ... ... .10 +0.04 ...
21.73 11.43 Leslie's LESL ... 16 12.06 –0.76 ... 9.49 1.15 Microvast MVST ... dd 1.20 –0.15 ... 10.45 9.94 NubiaBrandA NUBI ... ... 10.41 +0.05 ... 9.38 1.73 Personalis PSNL ... dd 2.59 –0.23 ... 73.41 51.97 RegencyCtrs REG 4.4 21 58.58 –4.70 .65
3.48 1.31 LexiconPharm LXRX ... dd 2.21 –0.47 ... 5.96 2.10 MicroVision MVIS ... dd 2.17 –0.33 ... 2.24 0.52 NuCana NCNA ... dd 1.31 –0.09 ... 22.75 8.72 PetcoHealth WOOF ... 31 10.05 –0.27 ... 800.48 538.01 RegenPharm REGN ... 20 747.00 –32.30 ...
3.86 1.26 LexinFintech LX ... 4 2.22 –0.80 ... 34.99 24.81 MidPennBancorp MPB 2.9 8 27.69 –2.30 .20 19.91 7.52 NurixTherap NRIX ... dd 8.56 –0.51 ... 25.40 6.66 PetIQ PETQ ... dd 11.13 –0.65 ... 35.36 12.65 RelayTherap RLAY ... dd 15.33 –1.80 ...
41.49 12.52 LiAuto LI ... dd 21.37 –3.73 ... 13.73 10.01 MidCapFin MFIC 13.4 27 11.34 –1.46 .38 33.73 13.44 Nutanix NTNX ... dd 24.68 –3.94 ... 29.53 17.08 PetMedExpress PETS 6.9 31 17.35 –0.92 .30 38.68 1.81 RelmadaTherap RLMD ... dd 2.89 –0.67 ...
6.24 1.07 LianBio LIAN ... dd 1.58 –0.40 ... 175.34 120.30 Middleby MIDD ... 18 144.49 –13.20 ... 40.43 7.09 Nuvalent NUVL ... dd 26.50 –3.45 ... 15.00 6.10 Pharming PHAR ... 27 11.80 –0.60 ... 15.92 6.66 RemitlyGlobal RELY ... dd 15.17 –0.10 ...
138.31 68.15 LibertyBroadbandA LBRDA ... 10 76.67 –10.40 ... 109.51 72.64 MiddlesexWater MSEX 1.7 30 72.99 –2.94.3125 60.47 35.17 Nuvasive NUVA ... 63 40.05 –4.17 ... 27.50 1.77 Pharvaris PHVS ... ... 6.34 –2.36 ... 8.50 1.05 Renalytix RNLX ... dd 2.34 –0.92 ...
142.55 68.67 LibertyBroadbandC LBRDK ... 10 76.79 –10.32 ... 30.48 23.23 MidlandStBncp MSBI 5.0 6 23.97 –2.35 .30 79.13 23.71 Nuvei NVEI ... 96 37.54 +3.66 ... 16.07 6.10 PhathomPharm PHAT ... dd 7.27 –1.46 ... 41.77 27.61 Renasant RNST 2.7 11 32.05 –3.67 .22
26.47 15.22 LibertyGlobal A LBTYA ... 48 18.51 –1.86 ... 35.58 26.49 MidWestOneFin MOFG 3.6 7 26.90 –2.94.2425 289.46 108.13 NVIDIA NVDA .1 cc 229.65 –9.25 .04 43.00 30.53 Phenixfin PFX .0 dd 38.05 –0.70 .121 5.20 1.79 ReneoPharm RPHM ... dd 4.25 +0.05 ...
27.00 16.16 LibertyGlobal C LBTYK ... 50 19.39 –1.81 ... 9.85 3.11 MilestonePharm MIST ... dd 3.20 +0.01 ... 20.03 4.36 Nyxoah NYXH ... dd 5.26 +0.14 ... 20.68 11.75 PhibroAnimal PAHC 3.1 17 15.29 –0.83 .12 8.97 4.04 ReNewEnergy RNW ... dd 4.49 –0.06 ...
11.34 5.90 LibertyLatAmA LILA ... dd 8.15 –0.92 ... 36.93 15.54 MillerKnoll MLKN 3.3 21 22.44 –2.72.1875 O 36.31 27.07 PhillipsEdison PECO 3.6 80 31.45 –2.46.0933 7.49 1.10 RenttheRunway RENT ... dd 3.02 –0.47 ...
11.32 5.88 LibertyLatAmC LILAK ... dd 8.14 –0.88 ... 27.88 10.22 MillicomIntl TIGO ... 45 18.36 –0.94 ... 10.68 9.96 PhoenixBiotech PBAX ... dd 10.68 +0.02 ... 18.68 8.07 RepareTherap RPTX ... dd 9.75 –0.81 ...
68.50 45.01 LibertyFormOne A FWONA ... 27 61.29 –6.18 ... 3.22 2.03 Mind CTI MNDO11.4 9 2.28 –0.07 .26 53.59 28.85 ODP ODP ... 14 47.67 –2.32 ... 25.81 13.87 Photronics PLAB ... 9 16.65 –0.99 ... 262.26 137.21 Repligen RGEN ... 51 166.27 –21.73 ...
76.15 50.00 LibertyFormOne C FWONK ... 30 68.05 –7.07 ... 21.98 15.04 MineralysTherap MLYS ... ... 16.28 –2.86 ... 14.50 10.20 OP Bancorp OPBK 4.6 5 10.35 –0.90 .12 34.66 20.85 Pilgrim'sPride PPC ... 8 23.78 –0.43 ... 29.52 13.05 Replimune REPL ... dd 18.65 –3.39 ...
35.94 24.50 LibertyBraves A BATRA ... 29 32.76 –2.09 ... 5.45 0.15 MinervaSurgical UTRS ... dd .25 –0.05 ... 3.78 1.00 OPKO Health OPK ... dd 1.24 +0.08 ... 99.35 58.01 PinnacleFinPtrs PNFP 1.5 8 59.89 –13.23 .22 50.16 38.17 RepublicBcpKYA RBCAA 3.6 9 41.68 –2.31 .374
35.41 23.34 LibertyBraves C BATRK ... 29 32.36 –2.08 ... 101.30 32.96 MiratiTherap MRTX ... dd 39.22 –4.09 ... 11.02 9.78 OPYAcqnIA OHAA ... dd 10.01 –0.15 ... 3.70 0.25 PintecTech PT ... dd .60 –0.03 ... 5.50 1.60 RepublicFirstBncp FRBK ... 7 1.78 –0.15 ...
46.87 27.03 LibertySirius A LSXMA ... 10 27.54 –3.78 ... 30.55 17.32 MirumPharm MIRM ... dd 22.30 –1.56 ... 873.94 562.90 OReillyAuto ORLY ... 24 819.92 –18.11 ... 3.21 1.34 Pixelworks PXLW ... dd 1.45 –0.18 ... 10.84 4.42 ReservoirMedia RSVR ... 44 6.14 –0.37 ...
48.43 27.05 LibertySirius B LSXMB ... 10 27.66 –6.53 ... 61.20 1.26 Missfresh MF ... ... 1.62 ... ... 103.17 69.31 OSI Systems OSIS ... 15 91.41 –4.23 ... 13.50 9.10 PlainsAllAmPipe PAA 8.4 11 12.80 –0.61.2675 23.18 15.38 ResourcesConnect RGP 3.2 8 17.64 –0.63 .14
47.01 27.01 LibertySirius C LSXMK ... 10 27.46 –3.73 ... 16.96 9.81 MissionProduce AVO ... dd 10.42 –1.33 ... 22.83 17.59 OaktreeSpec OCSL 11.3 cc 18.52 –1.83 .55 14.17 9.39 PlainsGP PAGP 8.0 13 13.34 –0.74.2675 20.00 13.02 RetailOppor ROIC 4.6 31 13.09 –1.22 .15
10.45 9.94 LibertyRscsA LIBY ... dd 10.45 ... ... 48.11 24.85 Mobileye MBLY ... dd 39.27 –2.51 ... 5.80 1.28 Oatly OTLY ... dd 2.02 –0.37 ... 9.73 5.35 PlayaHotels PLYA ... 27 8.99 –0.45 ... 8.52 0.76 ReunionNeuro REUN .0 dd .81 –0.13 .017
93.67 8.43 LibertyTripAdvB LTRPB ... 63 24.00 –2.50 ... 10.91 9.96 MobivAcqn MOBV ... cc 10.38 +0.05 ... 24.93 18.24 OceanFirstFin OCFC 3.8 9 20.94 –2.65 .20 6.60 3.24 Playstudios MYPS ... dd 3.97 +0.12 ... 36.61 11.27 RevanceTherap RVNC ... dd 28.63 –4.48 ...
2.21 0.57 LibertyTripAdvA LTRPA ... 3 .97 –0.12 ... 217.25 115.03 Moderna MRNA ... 7 138.29 –4.91 ... 6.53 2.57 OcularTherapeutix OCUL ... dd 4.87 –1.04 ... 20.31 7.81 Playtika PLTK ... 13 9.12 –1.09 ... 10.80 9.66 RevelstoneCapA RCAC ... cc 10.23 +0.03 ...
11.96 4.48 LifecoreBiomed LFCR ... dd 4.58 –1.02 ... 121.54 73.06 ModivCare MODV ... dd 83.85 –15.16 ... 14.10 8.66 Oculis OCS ... cc 9.21 –1.68 ... 115.36 74.53 Plexus PLXS ... 17 95.69 –0.42 ... 31.37 14.08 RevolutionMed RVMD ... dd 20.76 –4.69 ...
3.89 1.41 LifeMD LFMD ... dd 1.43 –0.40 ... 24.44 5.50 MolecularPtrs MOLN ... 2 5.92 –0.31 ... 26.22 12.17 OfficePropIncm OPI 15.8 dd 13.89 –3.08 .55 36.64 3.97 PliantTherap PLRX ... dd 27.98 –3.61 ... 32.50 24.54 ReynoldsCnsmr REYN 3.5 21 26.51 –1.01 .23
11.25 4.22 LifeStanceHealth LFST ... dd 5.70 +0.57 ... 18.48 5.14 Momentive MNTV ... dd 7.69 +0.51 ... 32.49 22.68 OhioValleyBanc OVBC 3.2 10 26.20 –0.03 .21 13.36 4.00 PolestarAuto PSNY ... dd 4.50 –0.73 ... 34.99 3.04 RhythmPharm RYTM ... dd 19.60 –2.17 ...
14.05 5.52 LifetimeBrands LCUT 3.0 dd 5.58 –1.59.0425 4.74 0.66 Momentus MNTS ... dd .67 –0.12 ... 176.19 44.12 Okta OKTA ... dd 81.03 –4.52 ... 6.90 0.55 PolyPid PYPD ... dd .58 –0.08 ... 4.84 2.19 RibbonComms RBBN ... dd 4.25 +0.05 ...
9.00 4.55 LifewayFoods LWAY ... cc 6.12 +0.03 ... 94.26 54.01 MonarchCasino MCRI .0 16 71.91 –3.29 5.00 18.23 3.80 Olaplex OLPX ... 11 3.99 –0.66 ... 10.63 8.06 PonceFinl PDLB ... dd 8.29 –0.98 ... 27.24 11.13 RichardsonElec RELL 1.2 12 20.22 –1.35 .06
83.95 46.83 LigandPharm LGND ... dd 68.40 –8.68 ... 192.22 73.58 monday.com MNDY ... dd 129.45 –26.83 ... 381.81 231.31 OldDomFreight ODFL .5 28 336.37 –18.70 .40 10.88 9.95 PonoCapTwoA PTWO ... ... 10.38 +0.02 ... 3.52 0.64 RigelPharm RIGL ... dd 1.59 ... ...
68.55 40.10 Light&Wonder LNW ... dd 57.42 –7.11 ... 16.98 6.74 Mondee MOND ... dd 10.86 –0.11 ... 20.19 14.22 OldNatlBncp ONB 3.5 12 15.96 –1.41 .14 488.75 278.10 Pool POOL 1.1 19 348.41 –13.14 1.00 7.25 3.50 RiminiStreet RMNI ... dd 4.19 –0.87 ...
5.52 0.80 Lilium LILM ... ... .83 –0.15 ... 68.81 54.72 Mondelez MDLZ 2.4 33 64.90 –0.81 .385 17.80 12.91 Old2ndBcp OSBC 1.3 10 14.92 –1.57 .05 2.20 0.72 PopCulture CPOP ... 8 .87 –0.01 ... 8.00 6.08 RiverviewBncp RVSB 3.9 7 6.20 –0.65 .06
16.66 10.44 Limoneira LMNR 1.8 14 16.60 +0.67 .075 10.96 9.18 MoneyGram MGI ... 32 10.77 –0.08 ... 6.08 2.00 OlemaPharm OLMA ... dd 3.89 –0.21 ... 86.84 58.02 Popular BPOP 3.6 4 61.03 –9.08 .55 56.76 14.00 Rivian RIVN ... dd 14.16 –2.76 ...
7.93 4.59 LincolnEduc LINC ... 17 5.92 –0.27 ... 471.96 135.15 MongoDB MDB ... dd 194.08 –24.98 ... 26.47 8.39 OlinkHolding OLK ... dd 21.80 –2.31 ... 28.93 14.84 Portillo's PTLO ... 72 19.12 –3.12 ... 16.49 6.81 Robinhood HOOD ... dd 9.01 –0.89 ...
176.52 118.17 LincolnElectric LECO 1.5 21 166.53 –6.91 .64 541.39 301.69 MonolithicPower MPWR .8 53 478.95 –27.08 1.00 72.27 37.67 Ollie'sBargain OLLI ... 36 53.68 –2.92 ... 24.49 19.26 PortmanRidge PTMN12.2 dd 21.95 –1.26 .67 23.48 7.57 RocketPharm RCKT ... dd 18.46 –2.37 ...
22.59 11.39 LiquiditySvcs LQDT ... 10 12.45 –0.53 ... 55.70 37.49 Monro MNRO 2.3 34 48.07 –2.55 .28 58.84 22.62 OlympicSteel ZEUS 1.0 6 50.95 –7.80 .125 8.82 1.82 PoseidaTherap PSTX ... dd 4.10 –1.40 ... 45.49 18.00 RockyBrands RCKY 2.6 9 23.85 –2.95 .155
281.78 192.19 Littelfuse LFUS .9 17 260.40 –12.56 .60 105.45 73.09 MonsterBev MNST ... 45 100.17 –1.84 ... 140.59 77.28 OmegaFlex OFLX 1.2 47 109.30 –12.82 .32 8.89 4.31 Potbelly PBPB ... 57 8.35 +0.41 ... 8.25 4.77 RockyMtnChoc RMCF ... dd 5.10 +0.09 ...
88.00 41.09 LivaNova LIVN ... dd 41.20 –5.05 ... 15.53 5.79 MonteRosaTherap GLUE ... dd 6.01 –0.31 ... 11.98 1.98 OmegaTherap OMGA ... dd 6.45 –0.28 ... 58.13 39.10 PotlatchDelt PCH 3.8 10 47.69 +0.78 .45 10.00 2.52 RoivantSciences ROIV ... dd 7.65 –0.40 ...
26.66 7.96 LivePerson LPSN ... dd 9.38 –2.12 ... 10.65 9.93 MontereyBioAcqn MTRY ... dd 10.63 +0.05 ... 7.75 1.74 Omeros OMER ... dd 3.26 –0.59 ... 47.46 18.81 PowellIndustries POWL 2.4 29 43.38 –2.10.2625 139.58 38.26 Roku ROKU ... dd 59.99 –5.63 ...
4.13 1.40 LiveVox LVOX ... dd 2.34 –0.14 ... 10.24 9.80 MontereyCapA MCAC ... dd 10.24 +0.02 ... 10.50 1.91 OmniAb OABI ... dd 3.28 –0.89 ... 10.65 9.75 Pwr&Digital II A XPDB ... dd 10.25 +0.02 ... 42.66 3.65 Root ROOT ... dd 3.69 –1.30 ...
5.70 1.80 LixiangEduc LXEH ... ... 2.08 +0.18 ... 0.30 0.08 MontereyCapRt MCACR ... ... .16 –0.02 ... 138.50 46.11 Omnicell OMCL ... cc 51.51 –4.95 ... 98.92 59.16 PowerIntegrations POWI .9 28 81.35 –3.52 .19 11.89 9.92 RoseHillAcqn ROSE ... 18 10.59 +0.16 ...
2.34 0.38 Lizhi LIZI ... 4 .72 –0.16 ... 293.64 191.01 Morningstar MORN .8 cc 191.26 –19.80 .375 11.55 9.79 OmniLitAcqnA OLIT ... cc 10.19 +0.01 ... 3.97 2.06 PowerFleet PWFL ... dd 2.92 +0.22 ... 122.45 69.24 RossStores ROST 1.3 24 104.17 –8.26 .335
25.00 14.43 LoganRidgeFin LRFC ... dd 23.71 –0.46 ... 49.24 19.23 Morphic MORF ... dd 42.31 –1.92 ... 87.55 44.76 ON Semi ON ... 18 78.38 –0.56 ... 10.60 9.94 PowerUpAcqn PWUP ... cc 10.46 +0.01 ... 10.64 9.77 RothCHAcqnV ROCL ... dd 10.26 +0.02 ...
10.97 9.64 LogisticsInnovA LITT ... 30 10.11 ... ... 7.45 3.17 MorphoSys MOR ... dd 3.79 –0.47 ... 1.98 0.23 Oncorus ONCR ... dd .33 –0.05 ... 13.65 0.98 PraxisPrecision PRAX ... dd 1.06 +0.06 ... 6.52 3.14 Rover ROVR ... dd 3.96 –0.28 ...
78.96 41.81 LogitechIntl LOGI 1.8 20 52.60 –1.12.9781 19.93 9.74 MotorcarParts MPAA ... dd 10.10 –3.00 ... 14.93 5.82 1-800-FLOWERS FLWS ... cc 9.63 –1.08 ... 2.90 1.06 Precigen PGEN ... dd 1.09 –0.07 ... 147.70 84.54 RoyalGold RGLD 1.3 31 113.44 –7.03 .375
6.47 2.70 LongboardPharm LBPH ... dd 4.77 –0.43 ... 10.72 10.02 MountainI A MCAA ... dd 10.68 +0.04 ... 6.85 5.00 180DegreeCap TURN ... dd 5.11 –0.17 ... 4.21 0.90 PrecisionBio DTIL ... dd .91 –0.26 ... 44.75 32.92 RoyaltyPharma RPRX 2.4 cc 33.10 –2.54 .20
10.69 2.05 LoopIndustries LOOP ... dd 2.61 –0.09 ... 0.27 0.03 MountainCrestVRt MCAGR ... ... .17 +0.02 ... 4.00 1.37 111 YI ... dd 2.64 –0.31 ... 78.69 60.59 PreferredBankLA PFBC 3.5 7 62.24 –7.74 .55 62.20 42.72 RushEnt A RUSHA 1.5 8 54.54 –3.26 .21
3.79 0.81 LordstownMotors RIDE ... dd .84 –0.28 ... 10.45 9.69 MountainCrestV MCAG ... dd 10.24 –0.11 ... 9.22 4.00 1stdibs.com DIBS ... dd 4.12 –0.67 ... 126.12 57.71 PreformedLine PLPC .7 11 118.00 +5.05 .20 65.60 44.18 RushEnt B RUSHB 1.5 8 57.39 –3.37 .21
4.00 0.15 Lottery.com LTRY ... dd .47 –0.04 ... 10.76 1.75 Movella MVLA ... 5 1.85 –0.60 ... 46.65 25.73 OneWaterMarine ONEW ... 3 26.09 –2.38 ... 9.38 3.87 PreludeTherap PRLD ... dd 6.03 –0.09 ... 23.31 14.65 RuthsHospitality RUTH 3.8 15 16.83 –1.89 .16
63.41 17.60 Lovesac LOVE ... 12 25.14 –4.28 ... 17.75 1.22 MultiMetaVerse MMV ... dd 1.30 –0.26 ... 2.67 0.34 Ontrak OTRK ... dd .49 –0.14 ... 32.89 21.26 PremierFinl PFC 5.6 8 22.04 –2.52 .31 16.99 9.78 RxSight RXST ... dd 14.52 +0.63 ...
20.24 0.20 LoyaltyVentures LYLT ... dd .24 –1.64 ... 10.65 9.93 MurphyCanyonA MURF ... dd 10.33 –0.02 ... 11.10 9.93 OnyxAcqnIA ONYX ... cc 10.49 +0.07 ... 38.98 30.62 Premier PINC 2.7 21 31.12 –0.86 .21 99.34 55.90 Ryanair RYAAY ... 15 90.70 –6.59 ...
3.66 1.11 LucidDiag LUCD ... dd 1.55 +0.15 ... 12.11 3.37 Mynaric MYNA ... dd 6.20 –0.19 ... 20.72 5.35 OpenLending LPRO ... 12 6.57 –0.33 ... 8.75 0.80 Prenetics PRE ... dd .88 –0.16 ... S
28.14 6.09 Lucid LCID ... dd 7.87 –1.07 ... 28.18 13.92 MyriadGenetics MYGN ... dd 21.23 –2.03 ... 44.10 24.91 OpenText OTEX 2.8 29 34.39 –0.89 .243 10.70 1.61 PrestoAutomation PRST ... 4 2.33 –0.07 ...
21.29 1.94 Lulu'sFashion LVLU ... dd 2.00 –1.15 ... N 10.05 0.92 OpendoorTech OPEN ... dd 1.19 –0.34 ... 88.30 56.29 PriceSmart PSMT 1.4 20 67.64 –3.65 .46 38.43 26.51 S&T Bancorp STBA 3.8 10 34.07 –3.43 .32
410.70 251.51 lululemon LULU ... 33 296.26 –20.57 ... 9.69 3.92 Opera OPRA .0 53 9.04 +0.04 .75 21.73 13.14 PrimeMedicine PRME ... dd 13.85 –2.63 ... 379.99 236.20 SBA Comm SBAC 1.4 57 240.12 –20.23 .85
100.22 48.73 Lumentum LITE ... cc 51.54 –2.37 ... 36.78 15.60 Napco Security NSSC ... 44 30.39 –2.35 ... 14.91 4.03 OportunFin OPRT ... dd 4.32 –1.68 ... 10.52 9.88 PrimeNumberI A PNAC ... ... 10.36 +0.03 ... 5.15 1.33 SCYNEXIS SCYX ... dd 1.33 –0.43 ...
16.62 3.91 LuminarTech LAZR ... dd 8.43 –1.46 ... 48.68 34.58 NBT Bancorp NBTB 3.2 11 37.09 –2.83 .30 8.50 4.40 Opthea OPT ... ... 4.85 +0.25 ... 0.26 0.08 PrimeNumberI Rt PNACR ... ... .16 –0.01 ... 64.69 46.30 SEI Investments SEIC 1.5 16 56.43 –4.14 .43
8.93 0.77 LumiraDx LMDX ... dd .93 –0.16 ... 18.25 2.92 NGM Biopharm NGM ... dd 3.88 –0.60 ... 4.85 3.26 OpticalCable OCC ... dd 4.36 +0.08 ... 14.97 10.12 PrimisFinl FRST 3.9 14 10.24 –1.41 .10 10.89 9.93 ShuaaPtrsI A SHUA ... dd 10.48 –0.01 ...
10.17 2.95 LumosPharma LUMO ... dd 3.20 –0.29 ... 235.11 164.65 NICE NICE ... 51 204.51 –8.86 ... 4.30 1.55 Optinose OPTN ... dd 1.71 –0.09 ... 28.20 15.90 PrimorisSvcs PRIM .9 10 25.63 –2.21 .06 23.06 11.14 SI-BONE SIBN ... dd 19.03 –1.31 ...
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13.93 10.01 LutherBurbank LBC 4.6 7 10.35 –1.09 .12 24.72 15.33 NMI Holdings NMIH ... 7 22.18 –2.06 ... 35.87 24.57 OptionCare OPCH ... 37 30.63 –2.54 ... 37.60 26.57 PrincetonBncp BPRN 3.6 8 33.80 –0.62 .30 26.99 5.33 SIGA Tech SIGA .0 12 5.42 –0.97 .45
8.74 1.88 LyellImmuno LYEL ... dd 1.99 –0.23 ... 3.61 1.25 NN NNBR ... dd 1.41 –0.44 ... 7.48 2.62 OraSureTechs OSUR ... dd 6.10 –0.32 ... 96.17 61.05 PrincipalFinl PFG 3.3 4 77.01 –10.55 .64 12.50 9.87 SKGrowthOppsA SKGR ... cc 10.43 +0.07 ...
40.46 8.46 Lyft LYFT ... dd 8.71 –1.41 ... 3.42 0.49 NRX Pharm NRXP ... dd .67 –0.13 ... 19.18 7.49 OrchestraBioMed OBIO ... dd 14.11 +2.61 ... 44.64 17.99 PriviaHealth PRVA ... dd 25.81 –2.90 ... 20.17 12.62 SLM SLM 3.4 8 12.84 –1.41 .11
8.18 1.95 LyraTherap LYRA ... dd 2.00 –0.39 ... 198.28 132.08 NXP Semi NXPI 2.3 17 175.05 –7.911.014 1.87 0.66 OrganiGram OGI ... dd .66 –0.10 ... 9.50 3.68 Procaps PROC ... dd 4.51 +0.50 ... 18.68 12.08 SLR Invt SLRC 11.2 42 14.61 –1.01.1367
M 13.95 0.92 NanoLabs NA ... ... 1.06 –0.15 ... 7.90 2.36 OricPharm ORIC ... dd 4.26 –0.25 ... 27.00 13.18 ProFrac ACDC ... dd 17.94 –3.38 ... 27.25 12.04 SMART Global SGH ... cc 15.62 –1.43 ...
16.44 6.41 NanoXImaging NNOX ... dd 6.58 –0.48 ... 47.28 32.63 OriginBancorp OBNK 1.8 10 33.96 –3.71 .15 59.00 40.33 ProgressSoftware PRGS 1.2 26 56.20 –2.66 .175 18.89 2.75 SMXSecurityMatters SMX ... dd 4.07 –5.34 ...
76.56 42.85 Macom Tech MTSI ... 15 70.00 –1.30 ... 7.97 2.32 Nanobiotix NBTX ... dd 3.49 –0.04 ... 35.34 13.76 OrthofixMed OFIX ... dd 17.64 –2.68 ... 53.10 25.67 Progyny PGNY ... cc 30.54 –5.67 ... 3.69 0.73 SPI Energy SPI ... dd 1.08 –0.24 ...
10.71 9.82 MeliKaszek MEKA ... 4 10.18 –0.02 ... 37.06 4.37 NanoStringTech NSTG ... dd 7.98 –2.42 ... 60.75 35.67 OrthoPediatrics KIDS ... cc 39.69 –5.15 ... 10.70 9.66 ProjectEnReimag PEGR ... 20 10.19 –0.01 ... 39.60 27.69 SP Plus SP ... 16 33.66 –1.40 ...
86.27 61.67 MGE Energy MGEE 2.3 23 69.59 –1.66.4075 15.30 1.57 NantHealth NH ... dd 2.25 –0.92 ... 82.46 52.60 OtterTail OTTR 2.5 10 68.99 –3.71.4375 129.60 21.50 PrometheusBio RXDX ... dd 114.37 –11.36 ... 157.46 96.41 SPS Commerce SPSC ... 95 141.40 –8.26 ...
125.74 75.87 MGP Ingredients MGPI .5 19 94.47 –7.09 .12 69.22 46.77 Nasdaq NDAQ 1.5 23 52.60 –3.62 .20 11.80 3.33 Outbrain OB ... dd 4.20 –0.67 ... 11.30 4.57 ProSomnus OSA ... dd 5.09 +0.07 ... 79.06 45.25 SS&C Tech SSNC 1.4 22 55.26 –4.27 .20
163.89 64.77 MKS Instrum MKSI 1.0 15 87.48 –9.05 .22 59.75 27.35 Natera NTRA ... dd 54.13 –3.99 ... 48.71 11.41 OutsetMedical OM ... dd 20.50 –2.92 ... 8.63 6.09 ProspectCapital PSEC10.6 85 6.78 –0.62 .06 24.58 12.78 SSR Mining SSRM 2.2 15 12.86 –1.10 .07
11.70 0.91 MSP Recovery LIFW ... dd 1.01 –0.04 ... 81.75 45.50 Nathan's NATH 2.6 17 78.05 –0.54 .50 53.34 17.05 Overstock OSTK ... dd 18.06 –0.95 ... 27.41 6.91 ProtagonistTherap PTGX ... dd 25.00 +9.29 ... 597.16 100.00 SVB Fin SIVB ... 4 106.04 –178.37 ...
124.37 74.77 MYR Group MYRG ... 24 120.06 –3.01 ... 57.65 38.10 NationalBeverage FIZZ ... 32 47.38 +0.91 ... 3.55 1.41 OvidTherap OVID ... dd 2.00 –0.38 ... 5.71 2.38 ProtaraTherap TARA ... dd 3.26 –0.61 ... 16.60 11.13 SabraHealthcare SBRA10.7 dd 11.20 –0.82 .30
11.84 8.38 Macatawa MCBC 3.1 10 10.16 –0.71 .08 2.72 0.18 NatlCineMedia NCMI66.7 dd .18 –0.05 .03 7.32 4.83 OxfordLane OXLC17.3 4 5.20 –0.62 .075 8.02 2.65 Proterra PTRA ... dd 2.70 –1.01 ... 11.77 4.33 Sabre SABR ... dd 4.50 –0.81 ...
10.20 2.13 Macrogenics MGNX ... dd 5.32 –0.75 ... 55.04 29.81 NatlInstruments NATI 2.3 47 49.66 –1.59 .28 4.29 2.82 OxfordSquare OXSQ13.0 dd 3.24 –0.35 .035 66.47 21.06 Prothena PRTA ... dd 47.98 –6.05 ... 99.75 76.65 SafetyInsurance SAFT 4.6 25 77.59 –1.59 .90
315.45 57.15 MadrigalPharm MDGL ... dd 241.64 –30.66 ... 47.60 30.93 NatlResearch NRC 1.1 34 43.62 –2.18 .12 PQ 10.88 3.19 ProventionBio PRVB ... dd 6.70 –1.48 ... 29.75 21.70 SagaComm SGA 4.2 16 23.99 –0.06 .25
3.62 0.32 MagentaTherap MGTA ... dd .75 –0.06 ... 45.86 19.77 NationalVision EYE ... 50 20.07 –2.24 ... 16.75 13.29 ProvidentFin PROV 4.0 12 14.17 +0.09 .14 0.35 0.05 SagaliamAcqnRt SAGAR ... ... .08 –0.03 ...
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20.24 13.40 MagicSoftware MGIC 4.1 18 14.20 +0.08 .29 309.25 166.94 NatlWesternLife NWLI .1 7 244.44 –19.77 .36 39.80 23.52 PAM Transport PTSI ... 7 29.17 –1.06 ... 28.30 12.19 PubMatic PUBM ... 26 12.95 –0.67 ... 49.56 27.36 SageTherap SAGE ... dd 39.56 –2.23 ...
14.87 5.59 Magnite MGNI ... dd 8.75 –2.03 ... 12.60 7.04 NaturalAlt NAII ... 6 8.97 +0.06 ... 6.48 4.90 P&FIndustries PFIN .0 cc 5.16 –0.14 .05 28.30 4.07 Pulmonx LUNG ... dd 10.74 –1.12 ... 306.40 168.03 Saia SAIA ... 21 276.31 –19.34 ...
13.45 11.32 MagyarBancorp MGYR 1.0 10 11.75 –0.83 .03 5.07 1.50 NautilusBiotech NAUT ... dd 2.22 +0.03 ... 23.85 15.71 PCB Bancorp PCB 3.7 7 16.02 –2.24 .15 5.16 1.60 PumaBiotech PBYI ... ... 2.59 –0.62 ... 3.75 1.00 SalemMedia SALM ... dd 1.07 –0.27 ...
34.68 21.00 MakeMyTrip MMYT ... dd 25.32 –0.60 ... 19.34 12.45 Navient NAVI 3.9 4 16.57 –1.55 .16 56.68 40.71 PCConnection CNXN .7 13 42.95 –1.71 .08 38.90 18.15 PureTechHealth PRTC ... dd 27.00 +0.27 ... 9.60 2.99 SanaBiotech SANA ... dd 3.16 –0.74 ...
70.87 46.30 MalibuBoats MBUU ... 7 57.29 –2.98 ... 11.01 3.11 NavitasSemi NVTS ... 10 6.17 –0.15 ... 5.68 3.90 PCTEL PCTI 4.6 31 4.79 +0.09 .055 7.97 2.65 PurpleInnovation PRPL ... dd 3.50 –0.65 ... 46.38 27.99 SandySpringBncp SASR 4.7 8 28.98 –3.45 .34
18.45 14.11 MalvernBancorp MLVF ... 18 16.45 –1.43 ... 37.07 17.59 Nayax NYAX ... dd 17.85 –0.46 ... 89.22 51.72 PDC Energy PDCE 2.4 4 65.55 –5.83 .40 9.63 4.10 Puyi PUYI ... dd 5.72 –0.20 ... 94.65 67.02 Sanfilippo JBSS .8 17 90.07 –0.86 1.00
8.79 1.62 MammothEnergy TUSK ... dd 5.43 –0.12 ... 51.73 22.20 nCino NCNO ... dd 23.11 –4.18 ... 106.38 23.21 PDD PDD ... 28 85.73 –9.96 ... 5.78 1.10 PyxisOncology PYXS ... dd 1.77 –0.50 ... 6.42 2.13 SangamoTherap SGMO ... dd 2.26 –0.59 ...
158.61 106.02 ManhattanAssoc MANH ... 67 137.34 –9.80 ... 8.19 5.46 NecessityRetail RTL 13.3 dd 6.38 –0.70.2125 39.01 19.34 PDF Solutions PDFS ... dd 37.08 –1.30 ... 62.85 45.16 QCR Holdings QCRH .5 8 46.28 –6.92 .06 15.99 3.36 SangomaTechs SANG ... dd 3.81 –0.55 ...
38.30 15.49 Mannatech MTEX 4.3 8 18.42 +0.92 .20 11.13 1.15 NektarTherap NKTR ... dd 1.19 –0.38 ... 45.41 25.49 PENN Entmt PENN ... 23 28.30 –2.86 ... 2.14 0.70 QilianIntl QLI .0 54 1.35 ... .05 69.28 36.35 Sanmina SANM ... 12 58.24 –2.16 ...
5.73 2.61 MannKind MNKD ... dd 4.47 –0.40 ... 18.96 10.69 NeoGames NGMS ... dd 14.22 –1.26 ... 15.90 1.91 PLBY Group PLBY ... dd 1.99 –0.11 ... 132.73 75.38 Qorvo QRVO ... 22 95.33 –7.37 ... 58.10 36.91 Sanofi SNY 2.9 14 47.28 –0.48.2972
41.82 12.16 MaravaiLifeSci MRVI ... 9 14.66 –1.82 ... 35.61 10.49 Neogen NEOG ... cc 17.32 –1.76 ... 24.27 5.09 PMV Pharm PMVP ... dd 5.38 –0.52 ... 161.30 101.93 Qualcomm QCOM 2.6 11 115.19 –8.41 .75 26.77 16.18 SapiensInt SPNS 3.6 21 19.50 –1.17 .47
2.49 1.23 Marchex MCHX ... dd 1.76 –0.34 ... 2.43 0.38 NeoleukinTherap NLTX ... dd .63 +0.12 ... 46.14 29.69 PRA Group PRAA ... 14 40.25 –2.22 ... 30.95 9.32 QualtricsIntl XM ... dd 16.55 –0.58 ... 7.44 0.50 SarcosTech&Robotic STRC ... dd .51 –0.06 ...
3.85 0.91 MarinSoftware MRIN ... dd 1.00 –0.12 ... 21.74 7.07 NerdWallet NRDS ... dd 19.11 –2.40 ... 52.40 23.59 ProceptBio PRCT ... dd 30.72 –5.02 ... 162.36 101.10 Qualys QLYS ... 43 117.84 –4.31 ... 159.84 61.28 SareptaTherap SRPT ... dd 143.92 –11.69 ...
12.37 3.47 MarinusPharm MRNS ... dd 6.36 –0.31 ... 90.20 58.08 NetApp NTAP 3.2 11 62.22 –3.56 .50 139.91 96.55 PTC PTC ... 41 118.38 –6.46 ... 13.79 11.09 QuantaSing QSG ... ... 11.99 –0.47 ... 8.08 0.59 SatsumaPharm STSA ... dd .92 –0.05 ...
389.57 217.44 MarketAxess MKTX .8 52 346.73 –22.79 .72 108.77 53.09 NetEase NTES 1.7 18 82.83 –3.07 .27 55.58 25.01 PTC Therap PTCT ... dd 44.23 –1.87 ... 31.33 6.31 Quanterix QTRX ... dd 11.95 –0.17 ... 2.85 1.02 Savara SVRA ... dd 2.11 –0.26 ...
5.84 1.52 MarketWise MKTW ... 3 1.94 –0.11 ... 396.50 162.71 Netflix NFLX ... 29 292.76 –22.42 ... 76.72 51.33 Paccar PCAR 1.4 13 72.32 –3.87 .25 2.75 0.98 Quantum QMCO ... dd .99 –0.07 ... 41.01 25.75 ScanSource SCSC ... 8 29.41 –2.22 ...
12.41 4.27 Marqeta MQ ... dd 4.41 –0.55 ... 26.79 17.34 Netgear NTGR ... dd 17.69 –0.52 ... 14.20 3.85 PacBiosciCA PACB ... dd 8.30 –1.54 ... 5.42 1.58 Quantum-Si QSI ... dd 1.59 –0.57 ... 59.70 25.96 SchnitzerSteel SCHN 2.3 9 32.94 –2.70.1875
195.90 131.01 Marriott MAR 1.0 23 164.53 –8.54 .40 38.02 27.30 NetScout NTCT ... 36 27.53 –0.77 ... 38.14 26.36 PacificPremBncp PPBI 4.8 9 27.70 –4.54 .33 8.29 1.07 Quhuo QH ... ... 1.26 –0.11 ... 15.78 4.33 ScholarRock SRRK ... dd 9.13 +0.13 ...
23.43 15.76 MartenTransport MRTN 1.1 16 21.79 –0.72 .06 129.29 75.25 Neurocrine NBIX ... 62 95.81 –5.37 ... 82.16 35.35 PaciraBioSci PCRX ... cc 40.05 –2.00 ... 120.61 66.88 QuidelOrtho QDEL ... 7 83.26 –5.07 ... 48.28 28.22 Scholastic SCHL 1.9 24 42.83 –3.86 .20
5.98 2.45 MartinMidstream MMLP .7 dd 2.77 –0.07 .005 6.95 1.98 Neuronetics STIM ... dd 3.17 –2.10 ... 12.46 8.31 PactivEvergreen PTVE 4.2 5 9.50 –2.15 .10 6.80 0.54 QuinceTherap QNCX ... dd .96 –0.03 ... 37.25 15.85 Schrodinger SDGR ... dd 23.47 –2.69 ...
76.59 33.75 MarvellTech MRVL .6 dd 38.68 –5.36 .06 9.54 1.22 NeuroPace NPCE ... dd 3.66 –0.44 ... 46.84 12.21 PacWestBancorp PACW 8.1 4 12.35 –15.29 .25 18.18 8.28 QuinStreet QNST ... dd 15.40 –1.48 ... 10.25 9.76 SchultzeSpecII A SAMA ... dd 10.24 –0.02 ...
184.97 108.89 Masimo MASI ... 67 172.87 –9.56 ... 63.06 27.17 NewFortressEner NFE .3 34 31.60 –4.55 .10 213.63 132.22 PaloAltoNtwks PANW ... cc 185.71 –5.88 ... 21.93 3.04 QurateRetailB QRTEB ... dd 5.10 –0.41 ... 6.51 0.24 Science37 SNCE ... dd .24 –0.08 ...
35.29 18.49 MasterCraftBoat MCFT ... 10 32.52 –2.18 ... 14.09 11.09 NewMtnFin NMFC11.0 11 11.63 –1.17 .32 95.20 43.64 Palomar PLMR ... 27 55.45 –5.50 ... 5.25 1.14 QurateRetailA QRTEA ... dd 1.19 –0.32 ... 18.17 10.60 SciPlay SCPL ... 17 15.99 –1.29 ...
114.36 34.78 MatchGroup MTCH ... 29 35.49 –6.15 ... 10.80 9.87 NewProvidenceII A NPAB ... dd 10.32 –0.03 ... 30.56 13.40 PanAmerSilver PAAS 2.6 dd 15.56 –0.49 .10 2.80 0.30 Qutoutiao QTT ... ... .69 –0.13 ... 10.38 3.68 scPharm SCPH ... dd 6.82 –0.91 ...
21.50 8.04 Materialise MTLS ... dd 8.12 –0.70 ... 15.00 8.28 NY Mortgage NYMT 4.5 dd 8.83 –1.33 .40 108.53 66.74 PapaJohn's PZZA 2.2 41 77.65 –7.09 .42 11.50 9.58 ScreamingEagleA SCRM ... 42 10.13 +0.02 ...
9.52 3.31 MatrixService MTRX ... dd 6.36 –0.57 ... 32.88 7.52 NewAmstPharma NAMS ... dd 13.03 +0.47 ... 10.75 9.88 PapayaGrowthI A PPYA ... cc 10.38 +0.03 ... R 21.85 9.90 ScrippsEW SSP ... 6 10.64 –1.05 ...
26.99 16.21 Mattel MAT ... 15 16.70 –1.36 ... 10.70 9.94 NewcourtAcqnA NCAC ... 23 10.58 +0.06 ... 41.87 17.75 ParamountA PARAA 4.2 14 23.00 –2.94 .24 32.45 9.86 RaptTherap RAPT ... dd 24.70 –6.10 ... 36.92 25.23 SeacoastBkgFL SBCF 2.6 16 26.54 –3.25 .17
9.36 2.37 Matterport MTTR ... dd 2.66 –0.31 ... 24.70 12.15 NewellBrands NWL 7.5 24 12.24 –2.29 .23 39.21 15.29 ParamountB PARA 4.8 12 19.89 –2.70 .24 26.22 16.37 RBB Bancorp RBB 3.9 5 16.57 –3.13 .16 94.73 47.47 Seagate STX 4.5 22 61.75 –2.82 .70
39.64 22.12 MatthewsIntl MATW 2.5 dd 36.26 –2.71 .23 11.20 9.72 NewHoldInvtIIA NHIC ... dd 10.16 –0.04 ... 3.65 1.59 ParatekPharm PRTK ... dd 1.66 –0.13 ... 97.45 46.49 RCI Hospitality RICK .3 17 80.92 –6.51 .06 183.00 105.43 Seagen SGEN ... dd 172.61 –8.68 ...
7.76 3.36 MaxCyte MXCT ... dd 4.39 –0.38 ... 16.50 7.24 Newmark NMRK 1.6 16 7.31 –0.61 .03 8.75 0.75 PardesBiosci PRDS ... dd 1.31 –0.23 ... 28.82 7.12 RCM Tech RCMT ... 7 13.93 –1.07 ... 10.92 9.88 SeaportGlblAcqnII SGII ... 23 10.21 –0.01 ...
28.95 8.85 MaxeonSolar MAXN ... dd 27.37 +8.65 ... 23.07 14.87 NewsCorp A NWSA 1.2 31 16.01 –1.25 .10 21.36 9.23 Park-Ohio PKOH 3.7 dd 13.43 –0.86 .125 2.58 0.29 REE Automotive REE ... dd .44 +0.03 ... 14.42 5.28 SecureWorks SCWX ... dd 7.29 –0.54 ...
63.89 29.27 MaxLinear MXL ... 21 33.07 –1.89 ... 23.37 15.15 NewsCorp B NWS 1.2 32 16.18 –1.25 .10 3.56 1.04 PassageBio PASG ... dd 1.15 –0.08 ... 35.73 18.69 REGENXBIO RGNX ... dd 20.60 –3.79 ... 9.49 5.77 SecurityNatFin SNFCA ... 15 6.50 –0.40 ...
10.52 9.98 MaxproCapA JMAC ... dd 10.50 –0.01 ... 28.42 12.37 NewtekOne NEWT18.3 ... 12.44 –3.22 .18 57.57 31.16 PathwardFinl CASH .4 11 46.14 –3.88 .05 11.54 9.65 RF Acqn RFACU ... ... 10.31 +0.05 ... 16.53 3.60 Seer SEER ... dd 4.33 –1.12 ...
111.70 73.29 McGrathRent MGRC 1.9 20 96.20 –4.55 .465 4.91 0.19 NexImmune NEXI ... dd .43 –0.12 ... 19.20 12.25 PatriaInvts PAX 5.8 31 14.65 –1.11 .308 10.28 9.80 RF Acqn A RFAC ... dd 10.28 +0.01 ... 2.73 0.65 SelectaBiosci SELB ... 8 1.37 –0.18 ...
10.05 5.42 MedallionFin MFIN 3.9 4 8.24 –0.23 .08 217.76 151.01 NexstarMedia NXST 3.3 7 165.70 –17.26 1.35 11.05 9.95 PatriaLatAm PLAO ... 59 10.50 +0.01 ... 0.28 0.03 RF Acqn Rt RFACR ... ... .10 –0.06 ... 103.61 66.81 SelectiveIns SIGI 1.3 27 94.66 –5.31 .30
3.18 1.95 MediciNova MNOV ... dd 2.24 ... ... 5.42 1.16 NextCure NXTC ... dd 1.49 –0.01 ... 77.96 41.75 PatrickIndustries PATK 2.6 5 69.34 –4.68 .45 7.48 4.65 RF Industries RFIL ... 34 4.75 –0.23 ... 49.49 1.76 SelinaHosp SLNA ... 6 1.78 –0.36 ...
17.08 8.05 MediWound MDWD ... dd 10.80 –1.40 ... 21.99 16.13 NextGenHlthcr NXGN ... 51 17.19 –0.96 ... 18.00 9.75 PatriotNatBncp PNBK ... 7 10.53 –0.57 ... 24.55 18.01 RGC Resources RGCO 3.3 dd 24.30 +0.04.1975 11.34 0.55 Semantix STIX ... dd 4.53 +0.70 ...
241.48 126.95 Medpace MEDP ... 24 175.43 –24.36 ... 34.85 28.51 NEXTracker NXT ... ... 31.19 –2.16 ... 8.73 6.95 PatriotTransport PATI ... 23 8.20 +0.29 ... 11.24 9.89 ROC Energy ROC ... dd 10.43 +0.05 ... 12.03 9.94 SemperParatusA LGST ... cc 10.60 –0.10 ...
45.49 2.60 MeihuaIntlMed MHUA ... ... 15.12 –16.84 ... 11.45 5.23 NicholasFin NICK ... dd 5.69 –0.52 ... 35.29 23.87 Patterson PDCO 3.9 13 26.42 –0.89 .26 0.38 0.03 ROC Energy Rt ROCAR ... ... .35 +0.01 ... 73.48 25.29 Semtech SMTC ... 13 29.33 –2.35 ...
15.16 5.70 MeiraGTx MGTX ... dd 6.21 –1.92 ... 11.87 1.64 Nikola NKLA ... dd 1.66 –0.49 ... 20.53 10.69 PattersonUTIEn PTEN 2.4 19 13.15 –1.83 .08 27.86 6.71 R1 RCM RCM ... dd 13.32 –1.33 ... 68.74 46.61 SenecaFoods A SENEA ... 9 52.80 –2.57 ...
14.24 4.06 MelcoResorts MLCO ... dd 12.41 –1.57 ... 23.00 1.52 9F JFU ... dd 1.83 –0.16 ... 141.92 105.66 Paychex PAYX 2.9 27 107.83 –4.90 .79 2.99 0.99 RVL Pharm RVLP ... dd 1.20 +0.05 ... 69.83 47.80 SenecaFoods B SENEB ... 9 55.72 +1.30 ...
1275.82 600.68 MercadoLibre MELI ... cc 1168.04 –58.70 ... 26.00 6.87 908Devices MASS ... dd 8.02 –1.53 ... 34.95 20.14 PaycorHCM PYCR ... dd 22.68 –2.56 ... 12.13 2.12 RackspaceTech RXT ... dd 2.13 –0.32 ... 3.05 1.30 SenseiBiotherap SNSE ... dd 1.45 –0.12 ...
39.03 29.26 MercantileBank MBWM 4.0 8 32.67 –1.79 .33 11.08 2.57 NiuTech NIU ... 55 3.60 –0.80 ... 276.88 152.01 Paylocity PCTY ... cc 174.54 –16.49 ... 16.52 7.97 RadiusGlbInfr RADI ... dd 14.49 –0.06 ... 2.84 1.21 SenstarTech SNT ... dd 1.35 –0.04 ...
11.16 9.90 MercatoPtrsA MPRA ... 24 10.39 –0.06 ... 20.35 3.57 Nkarta NKTX ... dd 3.78 –1.03 ... 8.04 3.33 Payoneer PAYO ... dd 6.18 –0.66 ... 25.78 12.03 RadNet RDNT ... cc 23.39 –1.68 ... 10.00 1.20 SentiBiosciences SNTI ... dd 1.36 –0.01 ...
17.50 10.27 MercerIntl MERC 2.9 3 10.45 –0.61 .075 18.69 8.22 nLIGHT LASR ... dd 10.93 –0.65 ... 122.92 66.39 PayPal PYPL ... 35 73.43 –2.86 ... 34.75 17.42 Radware RDWR ... dd 20.73 –0.73 ... 4.69 1.10 SeraPrognostics SERA ... dd 3.95 +0.18 ...
68.38 40.48 MercurySystems MRCY ... dd 49.85 –3.77 ... 11.51 0.39 Nogin NOGN ... dd .41 –0.03 ... 42.19 27.71 PeapackGladFinl PGC .6 8 33.28 –4.65 .05 14.48 2.15 RainOncology RAIN ... dd 8.99 –0.01 ... 9.49 2.50 SeresTherap MCRB ... dd 5.26 –0.02 ...
1.85 0.30 MereoBioPharma MREO ... dd .78 –0.16 ... 6.84 4.25 Noodles NDLS ... dd 5.24 –0.71 ... 10.73 9.84 PearlHldgsAcqnA PRLH ... cc 10.41 +0.02 ... 15.89 4.54 Rallybio RLYB ... dd 5.27 –2.66 ... 11.57 4.65 ServiceProperties SVC 7.8 dd 10.31 –0.97 .20
35.98 27.87 Meridian MRBK 3.3 9 30.35 –1.27 .25 251.26 194.89 Nordson NDSN 1.2 25 212.92 –10.07 .65 83.41 29.05 Pegasystems PEGA .3 dd 44.43 –3.09 .03 21.73 8.12 RamacoRscs METC 5.1 4 9.80 –1.06 .125 10.68 9.90 7AcqnA SVNA ... 16 10.41 +0.01 ...
76.14 50.46 MeritMedical MMSI ... 52 67.07 –3.00 ... 48.50 33.09 NortheastBank NBN .1 7 40.10 –4.19 .01 32.14 6.66 Peloton PTON ... dd 11.78 –2.08 ... 46.16 20.00 Rambus RMBS ... dd 41.30 –3.39 ... 3.78 0.61 17Educ&Tech YQ ... dd 1.02 –0.05 ...
13.66 3.00 MerrimackPharm MACK ... dd 11.39 –0.39 ... 15.00 9.05 NorthernTechsIntl NTIC 2.3 51 12.30 –0.65 .07 20.28 8.68 Pennant PNTG ... 59 12.76 –2.82 ... 53.59 27.26 RangerOil ROCC .7 5 40.01 –4.09 .075 3.55 1.38 Sharecare SHCR ... dd 2.14 –0.27 ...
8.34 2.68 MersanaTherap MRSN ... dd 4.62 –1.05 ... 121.25 76.15 NorthernTrust NTRS 3.5 14 84.92 –10.06 .75 28.00 21.60 PennsWoodsBncp PWOD 5.0 10 25.39 –1.16 .32 15.43 4.92 RaniTherap RANI ... dd 6.44 +0.14 ... 5.82 1.85 ShattuckLabs STTK ... dd 2.65 –1.22 ...
30.81 12.03 Merus MRUS ... dd 18.50 –0.29 ... 16.13 11.87 NorthfieldBanc NFBK 3.9 10 13.32 –1.32 .13 33.22 25.63 PeoplesBncpOH PEBO 5.4 8 28.14 –2.74 .38 8.98 1.01 RapidMicro RPID ... dd 1.16 –0.08 ... 25.93 15.62 ShenandoahTel SHEN .4 dd 18.69 –0.84 .08
4.62 1.03 MesaAir MESA ... dd 3.24 –0.13 ... 56.77 38.42 NorthrimBanCorp NRIM 4.1 9 48.97 –3.43 .60 34.88 24.42 PeoplesBncpNC PEBK 2.3 12 33.69 +0.45 .19 118.25 26.49 Rapid7 RPD ... dd 42.10 –8.02 ... 32.43 9.58 ShoalsTech SHLS ... 27 21.84 –3.78 ...
268.38 114.21 MesaLab MLAB .4 dd 163.15 –15.46 .16 10.71 9.81 NorthViewAcqn NVAC ... 35 10.26 –0.01 ... 59.99 46.26 PeoplesFinSvcs PFIS 3.5 9 47.20 –2.16 .41 8.47 3.61 RealGoodFood RGF ... dd 5.05 +0.88 ... 320.54 113.36 ShockwaveMed SWAV ... 32 182.36 –7.45 ...
4.94 2.14 Mesoblast MESO ... dd 3.35 +0.17 ... 0.20 0.06 NorthViewRt NVACR ... ... .17 ... ... 17.99 4.32 PepGen PEPG ... dd 14.37 –1.48 ... 8.61 1.04 RealReal REAL ... dd 1.36 –0.27 ... 36.48 19.43 ShoeCarnival SCVL 1.4 7 25.62 –0.71 .09
236.86 88.09 MetaPlatforms META ... 21 179.51 –5.74 ... 15.35 12.04 NorthwestBcshs NWBI 6.3 12 12.76 –1.03 .20 10.73 9.75 PepperLimeA PEPL ... dd 10.13 ... ... 95.00 18.47 ReataPharm RETA ... dd 82.96 –7.91 ... 21.41 15.42 ShoreBancshares SHBI 3.0 10 15.76 –1.24 .12
11.00 9.80 MetalSkyStar MSSA ... ... 10.38 +0.01 ... 40.60 24.30 NorthwestPipe NWPX ... 15 38.41 –1.77 ... 186.84 153.48 PepsiCo PEP 2.7 27 172.03 –1.12 1.15 14.18 4.92 RecursionPharm RXRX ... dd 7.07 –1.41 ... 41.63 17.66 Shyft SHYF .8 24 24.53 –2.58 .05
0.20 0.06 MetalSkyStarRt MSSAR ... ... .13 +0.01 ... 63.06 48.68 Northwestern NWE 4.6 17 55.84 –1.86 .64 12.25 9.97 PerceptionCapII PCCT ... dd 10.55 ... ... 60.57 46.86 RedRiverBcshs RRBI .7 9 48.52 –2.25 .08 27.70 1.40 Sientra SIEN ... dd 1.41 –0.15 ...
56.79 28.73 Methanex MEOH 1.5 11 47.87 –6.59 .175 34.75 23.00 NorwoodFin NWFL 3.6 9 32.50 –1.64 .29 15.65 9.75 PerdoceoEduc PRDO ... 10 13.44 –0.19 ... 18.64 5.35 RedRobin RRGB ... dd 11.31 –0.19 ... 26.65 18.50 SierraBancorp BSRR 4.9 8 18.65 –1.59 .23
25.03 16.36 MetroCityBkshs MCBS 4.1 7 17.49 –2.71 .18 120.00 67.40 Nova NVMI ... 21 94.01 +1.50 ... 12.00 5.47 PerellaWeinberg PWP 3.1 dd 9.18 –0.95 .07 50.55 30.98 RedRockResorts RRR 2.3 12 43.20 –0.90 .25 15.94 5.35 SightSciences SGHT ... dd 9.26 –1.44 ...
87.76 54.33 MicrochipTech MCHP 1.8 22 81.57 –1.03 .358 173.10 110.84 Novanta NOVT ... 70 143.91 –7.34 ... 116.44 59.79 Perficient PRFT ... 24 67.86 –6.10 ... 21.32 3.08 Redfin RDFN ... dd 6.72 –1.15 ... 1.75 0.29 SigilonTherap SGTX ... dd .96 –0.29 ...
 14 BARRON’S March 13, 2023 March 13, 2023 BARRON’S 51

D ATA EXCHANGE-TRADED PORTFOLIOS B A R RON S.C OM / DATA

Rating This Year’s

Holdings (KD) has trailed by 59 which trade for around 23 times for-
points, making it the biggest loser. ward earnings, well above J&J’s 14.7 NOTICE TO READERS: Listed are Name
Tick
Sym Yld Last
Div
Chg. Amt. Name
Tick
Sym Yld Last
Div
Chg. Amt. Name
Tick
Sym Yld Last
Div
Chg. Amt. Name
Tick
Sym Yld Last
Div
Chg. Amt. Name
Tick
Sym Yld Last
Div
Chg. Amt.
A few factors correlate with better times. Separation should help the the top 500 ETF’s based on weekly FTCboeUSEqDec
FTCboeUSEqJun
XDEC
XJUN
...
...
30.25
31.12
–0.62
–0.70
...
...
InnovUSEqAccPlJul
InnovUSEqAccPlOct
XTJL
XTOC
...
...
23.98
21.86
–1.16
–0.67
...
...
iShFRBd
iShGlbxUSDHiYdCpBd
FLOT 2.8
HYXU .6
50.68
44.81
+0.02
–0.35
.2037
.2695
LHA MktStTact
LHAMktStTactQ
MSTB .0
MSTQ ...
24.97
21.63
–0.38
–0.17
.3295
...
USVeganClimate
UnusualWhSubDem
VEGN .0
NANC ...
32.72
23.39
–1.92
–1.29
.1016
...
volume.
performance. Some are relatively obvi- business get greater attention and a Tick Div
FTCboeUSEqSep
FTCboeVestUSEqJ
XSEP
GJAN
...
...
31.44
29.72
–0.60
–0.82
...
...
InnovUnAccUS
InnovUSEqAccJan
XUSP
XDJA
...
...
24.36
20.23
–1.27
–0.55
...
...
iShGlbHYCorpBd
iShGoldStrategy
GHYG 4.7
IAUF .9
41.51
56.04
–0.57
+0.35
.1837
.483
LongCramerTracker
MainBuyWrite
LJIM ...
BUYW 6.0
24.02
12.92
–1.59
–0.32 .0656
... UnusualWhSubRep
V-ShrMSCIWldESG
KRUZ ...
VMAT .8
23.62
23.85
–1.32
–0.92 .1744
...

Crop of Spinoffs
FidelityBlueChipGr FBCG ... 22.94 –1.29 ... InnovUSEqAccPlJan XTJA ... 20.25 –0.75 ... iShHYCpBdBuyWrt HYGW 19.6 36.04 –0.47 .3797 MainIntlETF INTL ... 19.78 –0.85 ... VanEckAMTFrLgMun MLN 2.7 17.53 +0.11 .0394
ous: Spun-off companies with lower higher valuation multiple, though Name Sym Yld Last Chg. Amt.
FidelityBlueChipV FBCV 1.4 26.74 –1.32 .274 IntlDrawMgd IDME 2.6 19.32 –0.46 .2231 iShiBdsDec28Muni IBMQ 1.4 25.17 +0.18 .0427 MainSectorRot SECT .8 39.07 –2.33 .1186 VanEckAMTFrShMun SMB 1.4 16.81 +0.06 .0185
Bats FidelityClnEner FRNW .7 21.60 –0.78 .13 InvrCramerTracker SJIM ... 25.47 +0.69 ... iShiBdsDec25Muni IBMN 1.1 26.30 +0.10 .0389 MainThemInnov TMAT .3 12.79 –1.07 .039 VanEckBitcoin XBTF .3 19.98 –2.35 .0685
valuations and less debt tended to beat unresolved liabilities from lawsuits AlpsOShEurQual OEUR 2.0 24.99 –0.79 .0516
FidelityCloud FCLD .2 15.76 –1.43 .008 InvscAAACLOFRNt ICLO 3.3 25.56 +0.02 .0188 iShiBdsDec24Muni IBMM 1.3 25.72 +0.06 .0401 Mairs&PwrMnMun MINN 1.4 21.87 +0.16 .0242 VanEckCEFMuni XMPT 5.0 21.15 –0.02 .0714
FidelityDigHlth FDHT .1 18.51 –1.57 .023 InvscGalaxyBlock BLKC 4.7 9.39 –0.83 .1503 iShiBdsDec27Muni IBMP 1.5 25.06 +0.14 .0454 McElhennyMgd MSMR .6 21.86 –0.29 .1411 VanEckCmdStrat PIT ... 48.52 –1.20 ...
their parents’ stocks. Others are less over allegedly cancer-causing talc in AlpsOShGlbInt
AlpsOShUSQual
OGIG ...
OUSA 2.1
25.76
39.88
–2.06
–1.40 .0733
... FidelityElcVeh FDRV .3 17.58 –1.29 .056 InvscGalCrypto
InvscBalMulti
SATO
PSMB
7.4
.0
4.80
14.65
–0.79
–0.36
.1181
.1108
iShiBdsDec26Muni
iShiBdsDec23Muni
IBMO 1.1
IBML 1.2
25.16
25.37
+0.12
...
.037
.0374
MerlynAISectSurf DUDE 30.4 19.34 –1.09 1.468 VanEckDurHiDiv DURA 3.2 30.34 –1.01 .2536
FidelityGrwOpps FGRO .0 13.49 –0.79 .1904 MindfulConsrv MFUL .3 21.50 –0.02 .0633 VanEckHIPSustMun SMI 1.3 45.46 +0.36 .0585
intuitive. From 2011 to 2021, spinoffs baby powder will hang over the stock. AlpsOShUSSCQual
ARK AutoTech
OUSM 2.0
ARKQ ...
34.10
46.40
–1.89
–3.97
.047
...
FidelityLowDurBd
FidelityMagellan
FLDR
FMAG
2.8
.2
49.83
18.89
+0.16
–0.77
.208
.018
InvscConsrvMulti
InvscFocDiscGrw
PSMC
IVDG
.0
...
12.08
9.87
–0.09
–0.45
.1294
...
iShiBds28TermHY
iShiBds25TermHY
IBHH 7.1
IBHE 6.0
22.09
22.66
–0.36
–0.18
.1288
.1278
MohrGrowth
MohrSectorNav
MOHR ...
ENAV ...
19.24
23.81
–0.25
–1.41
...
...
VanEckHYMuni
VanEckIntermMuni
HYD 3.9
ITM 2.0
51.04
45.63
+0.21
+0.22
.1589
.0811
ARKGenomicRev ARKG ... 27.46 –3.54 ...
with lower profit margins than their J&J’s fortunes will be tied to its bio- ARK Israel Innov IZRL ... 17.03 –0.87 ...
FidelityNewMill
FidelityPfdSecs
FMIL
FPFD
1.4
5.2
29.43
20.43
–1.58
–0.58 .084
.15 InvscGrwMultAll
InvscHYSelect
PSMG
HIYS
.0
7.7
16.33
24.63
–0.58
–0.29
.1004
.1581
iShiBds24TermHY
iShiBds29TermHY
IBHD 5.3
IBHI 6.9
22.86
21.75
–0.18
–0.38
.1334
.1228
MonarchAmbIncm
MonarchBlueChip
MAMB .9
MBCC ...
22.03
23.58
+0.20
–0.92
.1091
...
VanEckMdyBBBCpBd
VanEckMdyIGCpBd
MBBB 3.4
MIG 3.3
20.70
20.75
+0.08
+0.09
.068
.0646
ArkSpaceExpln ARKX ... 13.41 –0.91 ...
sector outperformed, according to tech and medical-device businesses, FidelityRealEst FPRO 2.7 19.91 –1.45 .145 InvscIntlDevDyn IMFL 3.2 22.16 –0.65 .0268 iShiBds27TermHY IBHG 5.8 21.47 –0.33 .1127 MonarchProCap MPRO 1.1 24.95 –0.45 .0826 VanEckMstarESGMoat MOTE 1.0 22.08 –1.31 .2143

P2BW072000-0-W01400-3--------XA Composite
AXSEsotericaNx WUGI ... 34.75 –2.25 ... FidelityS-MCOpps FSMO .6 20.62 –1.59 .033 InvscModConserv PSMM .0 13.67 –0.16 .1628 iShiBds26TermHY IBHF 6.3 22.37 –0.42 .1313 MotleyFoolGlbOpp TMFG .2 23.96 –1.42 .059 VanEckMornGlb MOTG ... 32.13 –1.52 ...
AcruenceActUS XVOL .4 17.24 –0.67 .4929 FidelityStkInfl FCPI 1.8 30.37 –1.46 .187 InvscMuniStrat IMSI 4.1 50.01 +0.32 .1739 iShiBds23TermHY IBHC 3.2 23.52 –0.09 .078 MotleyFoolMCGrw TMFM ... 21.36 –1.79 ...
Chris Senyek, chief investment strate- where its valuation makes more sense AdaptiveCore RULE .0 19.37 –0.09 .0015 FidelityTargEM FDEM 3.9 21.63 –0.53 .124 InvscPureDevxNA PBDM .0 25.03 –0.54 .0734 iShInflHdgCpBd LQDI 3.4 25.29 –0.29 .0852 MotleyFool100 TMFC .3 32.21 –1.29 .0828
VanEckMornIntl
VanEckMstarSMID
MOTI 3.1
SMOT .2
31.00
27.66
–1.14
–2.17
.9474
.0644
Kellogg, Johnson & Johnson, Crane, and BorgWarner are planning to hive gist at Wolfe Research, perhaps a func- alongside peers like Merck (MRK)
AffinityWorldLdr
AgilityDynTacti
WLDR 2.1
THY 3.1
24.05
22.30
–1.07
–0.13
.1935
.1097
FidelityTargIntl
FTIndMedDev
FDEV
MDEV
2.6
...
24.68
19.03
–0.72
–0.90
.056
...
InvscPureFTSEEM
InvscPureMSCIUSA
PBEE
PBUS
.0
1.7
21.90
38.45
–0.98
–1.90
.0838
.1652
iShIntlAggBd
iShIntlDevSCV
IAGG 2.2
ISVL 3.3
48.45
31.19
+0.50
–1.16
1.0817
.4486
MotleyFoolSCGrw
NeosS&P500Hi
TMFS .0
SPYI 12.4
25.36
45.62
–1.88
–1.53
.082
.4716
VanEckMstrWdMoat
VanEckMuni
MOAT 1.2
MAAX 3.2
68.28
20.68
–4.19
+0.10
.8119
.0702
AgilityMgdRisk MRSK .0 25.30 –1.23 .2851 FTLuntUSFactor FCTR 1.5 26.15 –2.43 .0716 InvscPrMSCIUSASC PBSM .0 32.48 –2.86 .1093 iShIntlDivGrowth IGRO 2.6 58.58 –2.03 .2441 NuvESGDiv NUDV 2.5 23.10 –1.29 .2886
off a chunk of their businesses in 2023. What investors need to know. tion of mature companies spinning off and Pfizer (PFE). AlphaArHiInfltn
AlphaIntQuMom
HIDE 6.2
IMOM 5.9
23.44
25.68
+0.05
–0.81
1.4639
1.5076
FlexShCredScUSLg LKOR 4.7 43.22 +0.35 .1589 InvscPureUSAggBd
InvscPure0-5YTIPS
PBND
PBTP
.0
5.3
21.97
24.54
+0.25
–0.04
.0604
.2584
iShIGCpBdBuyWr
iShJPMBroadUSDEMBd
LQDW 20.7
BEMB ...
33.81
50.57
+0.14
–0.05
.4655
...
NuvESGEMEquity NUEM 1.9 25.74 –0.89 .4841
VanEckShHYMuni
VanEckVietnam
SHYD 2.7
VNM 1.0
22.29
11.66
+0.13
+0.09
.0452
.0034
FlexMrnUSMktFtrTlt TILT 1.6 150.16 –9.37 .8106 NuvESGIntlDev NUDM 1.9 27.09 –0.96 .5098 VangdESGIntlStk VSGX 2.5 50.53 –1.77 .4034
faster-growing businesses that become • Industrial company Crane Hold- AlphaIntQuVal
AlphaArch1-3M
IVAL 30.0
BOXX ...
23.35
100.87
–0.80
+0.05
1.7518
...
FlexStoxxGlbESGSel
FlexStoxxUSESGSel
ESGG
ESG
1.8
1.4
124.85
93.29
–4.74
–4.50
.5104
.3813
InvscRealAssets
InvscRuss1000Dyn
IVRA
OMFL
2.3
1.5
13.13
44.43
–0.86
–2.32
.0246
.1995
iShJPMEMHYBd
iShMSCIChileCap
EMHY 7.1
ECH 6.3
34.93
28.84
–0.36
–0.47
.2028
.6886
NuvESG LC
NuvESGLCGrowth
NULC 1.4
NULG .6
32.11
51.14
–1.82
–2.79
.3214
.3214
VangdESGUSCpBd VCEB 3.0 61.36 +0.27 .166
VangdESGUSStk ESGV 1.4 67.23 –3.63 .3154
more profitable later. Spinoffs in differ- ings (CR) plans to split into two entities AlphaUSQuMom
AlphaUSQuVal
QMOM 1.6
QVAL 1.9
44.20
33.68
–3.26
–2.84
.7294
.2857
FlexShUSQualLC
FormulaHdgGrwth
QLC
FFHG
1.4
.7
43.00
31.61
–2.20
–1.06
.2282
.1275
InvscRs1000EnhEW
InvscRuss2000Dyn
USEQ
OMFS
.0
1.8
33.28
34.76
–2.27
–2.91
.1465
.1549
iShMSCIChinaAETF
iShMSCIDenmarkCap
CNYA 2.6
EDEN 1.4
31.96
99.80
–1.43
–3.89
.7737
.0913
NuvESGLCValue
NuvESGMCGrowth
NULV 2.2
NUMG .2
32.96
36.36
–1.81
–2.63
.7274
.0649
VangdUSMinVol
VangdUSMom
VFMV 2.1
VFMO 1.8
95.42
110.58
–3.69
–8.35
.4716
.4907
AlphaArchValMom VMOT 2.3 24.00 –0.54 .5452
ent sectors than their parents also have of roughly equal size. The RemainCo AmCentFocDyn FDG ... 53.35 –3.43 ...
FormulaFolIncm
FormulaFolSmartGrw
FFTI
FFSG
2.2
1.0
20.58
30.65
+0.22
–1.37
.0161
1.3275
InvscS&P500MinVar
InvscS&PIntlDev
SPMV
IDHD
1.9
.0
34.91
23.35
–1.38
–0.54
.1656
.1799
iShMSCIEmgMulti
iShMSCIEurozone
EMGF 4.1
EZU 2.6
40.11
43.11
–1.60
–1.50
1.2057
.1749
NuvESGMCValue
NuvESGSC
NUMV 2.3
NUSC 1.1
28.17
34.90
–2.98
–3.08
1.7206
.3959
VangdUSMultifact
VangdUSQual
VFMF 2.2
VFQY 1.4
98.55
105.33
–6.66
–6.90
.6576
.479
AmCentFocLCV FLV 2.3 56.37 –2.63 1.9727 InvscS&PSCHiDiv XSHD 6.5 16.86 –1.50 .105 iShMSCIFinlandCap EFNL 6.0 37.08 –1.71 .1745
historically done better, he observes, will produce fluids for pumps and AmCentQualCv QCON 3.0 39.19 –1.19 .04
FormulaFolTactGrw
FrankDisrComm
FFTG
BUYZ
.8
...
23.99
22.24
–0.54
–1.36
.0149
... InvscS&PSCQuality XSHQ 2.0 33.74 –2.30 .2081 iShMSCIGermanySC EWGS 2.1 60.12 –2.62 .171
NuvShTermREIT
-1xShVIXFutures
NURE 2.7
SVIX ...
29.02
14.93
–2.29
–3.45
.255
...
VangdUSValue
VangdUltShrtBd
VFVA 2.2
VUSB 2.1
98.22
49.02
–8.77
+0.07
.6757
.1531
AmCentQualPfd QPFF 5.7 35.32 –0.91 .1009 FrankExpData XDAT ... 15.33 –1.14 ... InvscSelectGrw IVSG .0 9.65 –0.48 .0063 iShMSCIGlbMet&MnPr PICK 6.8 41.62 –3.69 1.0654 OpusSCValue OSCV 1.1 30.80 –2.04 .1384 VirtusWMCIntlDiv VWID 5.6 24.94 –0.73 .1577
thanks to benchmarking against a valves, aerospace parts, and power- AmCustSatisfCore ACSI .8 42.04 –2.40 .3362 FrankGenAdv HELX ... 28.79 –2.12 ... InvscShDurBd ISDB 4.9 25.04 +0.05 .1013 iShMSCIGlbSilver SLVP .7 9.55 –0.60 .0096 PGIMPtfBallast PBL .2 24.17 –0.68 .038 WisdTrAltIncm HYIN 20.0 17.38 –1.58 .155
AnfieldCapDiv DALT 4.0 8.17 –0.50 .012 FrankHYCorp FLHY 6.1 22.25 –0.28 .1084 InvscUSLCCoreESG IVLC .0 12.11 –0.54 .0292 iShMSCIEAFEGrowth EFG 1.2 87.77 –2.36 .1798 PacerBioThreat VIRS 1.1 27.33 –1.05 .0621 WTAI&InnovFd WTAI ... 16.03 –1.17 ...
more relevant group of peer companies management components. Crane NXT
BG,BM,BP,CC,CH,CK,CP,CT,DN,DR,FW,HL,HO,LA,LD,LG,LK,MI,ML,PI,PV,RO,TD,WO

AnfieldDynFix ADFI 1.8 8.41 ... .0159 FrankIntMach IQM ... 40.22 –1.80 ... iPathBS&P500VIXMid VXZ ... 23.59 +2.02 ... iShMSCIIndia INDA ... 39.34 –0.75 ... PacerIntCashCow100 ICOW 5.0 28.95 –1.02 .3609 WisdTrYdEnhUSST SHAG 1.5 46.78 +0.36 .08
AnfieldUSEquity AESR .7 11.30 –0.43 .0762 FrankIntlAggBd FLIA 17.8 19.52 +0.20 2.6896 iPathS&P500VIX VXX ... 52.93 +9.33 ... iShMSCIIndiaSC SMIN .0 50.93 –0.85 .0038 PacerGlCashCows GCOW 4.3 32.65 –1.25 .381 WT BatteryVal WBAT .4 33.96 –1.89 .1465
or a new management team. is more interesting. It will make prod- AnfieldUnivFx
AptusColIncmOpp
AFIF 3.8
ACIO .8
8.88
29.23
+0.04
–0.54
.0404
.0694
FrankIntlLoVolHi
FrankSrLoan
LVHI
FLBL
3.6
6.1
26.56
23.70
–0.68
...
1.0416
.1372
iShIntmGovt/CredBd
iShBrdUSDHYCpBd
GVI
USHY
2.0
6.4
102.86
34.52
+0.88
–0.58
.2157
.2071
iShMSCIKuwait
iShMSCINorwayCap
KWT 3.7
ENOR 4.2
32.81
23.34
–0.22
–1.53
1.1869
.3006
PacerSOSConDec
PacerSOSConJul
PSCX ...
PSCJ ...
21.25
19.71
–0.49
–0.39
...
...
WT BioRevFd WDNA .4 16.50 –1.14 .0653
WisdomDynCurrIntl DDWM 4.1 30.49 –0.97 .171
Here are four spinoffs planned for ucts for processing cash and payments AptusDefRisk
AptusDrawMgd
DRSK 1.9
ADME .7
25.82
33.52
+0.32
–0.52
.2548
.0916
FrankUSLCMulti
FrankUSMCMult
FLQL
FLQM
2.1
1.3
39.16
42.00
–1.45
–2.24
2.6896
.2944
iShConvBond
iShCoreMSCIEAFE
ICVT
IEFA
2.0
2.6
71.18
64.36
–2.55
–2.09
.0643
.3346
iShMSCI UK SC
iShMSCIEAFEValue
EWUS 2.0
EFV 4.0
31.96
47.86
–1.24
–1.71
.1916
.5357
PacerSOSFlexDec
PacerSOSFlexJul
PSFD ...
PSFJ ...
24.22
20.98
–0.76
–0.74
...
...
WisdomDynCurrIntSC
WT EffGoldPlus
DDLS 4.1
GDE .8
31.57
21.78
–0.94
–0.58
.2441
.0909
2023 that deserve a look: at ATMs and retail self-checkouts, and AptusEnhYield
ArrowCntryRotat
JUCY 8.0
DWCR 3.4
24.93
27.48
–0.06
–0.94
.1815
.0986
FrankUSSCMult
Freedom100EM
FLQS
FRDM
1.4
2.5
33.46
28.65
–2.19
–0.87
.2027
.751
iShCurrMSCIEAFE
iShCurrHdgMSCIEM
HEFA
HEEM
3.1
2.5
28.77
23.26
–0.88
–0.86
.1133
.2278
iShMornMultiAsst
iShMtgRealEst
IYLD 5.6
REM 11.7
19.00
21.59
–0.48
–2.28
.0574
1.0417
PacerSwanSOSFd
PacerSOSModDec
PSFF ...
PSMD ...
22.14
22.33
–0.60
–0.57
...
...
WTEffGoldPlusMiner
WT EM ESG Fd
GDMN ...
RESE 3.7
22.20
27.19
–0.81
–0.98 .465
...
ArrowInvDWATact DWAT 2.1 9.71 –0.51 .7289 iShIntlSelDiv IDV 7.3 27.30 –1.18 .3679 iShNorthAmNatRscs IGE 3.1 38.71 –2.61 .3314
• Kellogg (K) has snacking envy. materials and security features for na- ArrowResCapMgmt ARCM 1.3 99.43 +0.03 .22
GadsdenDynMult
GlbX FdrRunCos
GDMA
BOSS
1.2
.4
29.39
22.78
+0.37
–2.29
.3641
.0923 iShTransportAvg IYT 1.3 225.03 –11.99 .909 iShRussell2500 SMMD 1.8 53.75 –4.52 .2159
PacerSOSModJul
PacerSOSConsApr
PSMJ ...
PSCW ...
20.93
20.88
–0.65
–0.01
...
...
WisdomTreeCpBdFd
WisdomTreeUSHYCpBd
WFIG 4.3
WFHY 5.6
43.66
43.58
+0.19
–0.91
.13
.21
ArrowRevCap500 YPS ... 20.54 –1.70 ... GlbXUSInfrDevt PAVE .8 28.00 –2.14 .1407 iShUSAero&Def ITA .9 113.03 –4.71 .2397 iShCohen&StrsREIT ICF 2.7 53.25 –4.01 .4841 PacerSOSConsOct PSCQ ... 20.39 –0.46 ...
Mondelez International (MDLZ), a tional mints. It’s a bet on growth in BNYM GlbInfr BKGI ... 26.97 –0.52 ... GSAccessEMUSDBd GEMD 6.2 39.87 –0.13 .1881 iShUSHomeConstrn ITB .8 66.35 –2.19 .1233 iSh25+YTrStrip GOVZ 3.5 13.85 +0.64 .0422 PacerSOSFlexApr PSFM ... 22.74 –0.16 ...
WisdTrUSSTCpBd
WisdTrIntlESGFd
SFIG 2.4
RESD 3.0
46.71
26.47
+0.06
–0.67 .1614
.12
BarclaysETN+Select ATMP 5.8 18.71 –0.74 .2891 GSAccInflUSDBd GTIP 5.8 49.23 +0.06 .0812 iShUSOil&GasExpln IEO 4.1 86.15 –6.44 1.1364 iSh20+YTrBdBuy TLTW 18.3 33.73 +0.76 .3093 PacerSOSFlexOct PSFO ... 21.86 –0.73 ... WisdTrIntlQualDiv IQDG 4.0 31.74 –0.96 .0906
junk-food pure play, trades at 20.4 banking in developing markets and BlkRkFRLoan BRLN 8.1 51.87 +0.21 .3216 GSAccUltShBd GSST 2.6 49.83 +0.07 .1706 iShESGAwareAgg EAOA 1.9 28.21 –1.01 .1626 iShUSCnsmrFoc IEDI 1.2 35.99 –1.41 .9023 PacerSOSModApr PSMR ... 21.89 –0.27 ... WisdTrUSMulti USMF 1.8 36.37 –2.12 .1955
BlkRkHYMuniIncm HYMU 4.1 21.36 +0.22 .0796 GSParisClimUSLC GPAL 1.4 32.30 –1.54 .1236 iShESGAwareCon EAOK 2.4 23.55 –0.16 .0381 iShUS Div&Buyback DIVB 2.1 36.52 –1.95 .2188 PacerSOSModOct PSMO ... 21.27 –0.53 ... XtrkBBUSIGCpESG ESCR 3.1 18.10 +0.04 .0486
times 12-month forward earnings, but more self-service checkouts every- BlkRkShMaturityBd
BlkRkShMatMuni
NEAR 2.2
MEAR 1.4
49.55
49.81
+0.05
+0.09
.146
.1172
GS ActWorldLow GLOV 2.3 37.98 –1.17 .1979 iShESGAwareGrw
iShESGMSCIUSAGr
EAOR
EGUS
2.0
...
26.34
24.48
–0.64
–0.37
.1603
...
iShUSIndls
iShUSInfr
IYJ 1.0
IFRA 2.0
97.37
36.67
–5.33
–2.44
.2482
.2291
PacerTrendEurIndex PTEU .6 24.81 –0.86 .1562 XtrkJPMEMSvn ESEB 5.0 16.45 –0.02 .06
GSBbgClnEner GCLN 1.3 36.91 –1.07 .1606 PacerTrendpilot450 PTMC .8 31.58 –2.48 .255 XtrkJPMESGUSDHY ESHY 6.6 17.73 –0.35 .092
Kellogg fetches just 15.9 times. The where. Crane has a market cap of $6.9 BlkRkUltShBd
BondJPMUSDEM1
ICSH 2.3
XEMD 6.2
50.14
39.26
+0.07
–0.12
.1619
.2121
GS EW US LC Equity
GSMarketBetaEM
GSEW
GSEE
1.7
3.0
57.86
39.42
–3.76
–1.32
.4712
.2249
iShESGMSCIUSAVa
iShESGAwareMod
EVUS
EAOM
...
1.9
23.43
24.56
–1.31
–0.31
...
.16
iShUSSCValue
iShUSTechInd
SVAL 2.1
IETC .7
27.68
42.92
–2.39
–1.96
.0976
.172
PacerTrendpilot750
PacerUSCashCows100
PTLC 1.3
COWZ 2.0
35.72
45.94
–1.69
–3.23
.4709
.3209
XtrkS&PESGDiv SNPD 2.4 24.09 –1.31 .145
XtrkS&P500Grw SNPG .8 26.10 –0.52 .05
problem? Its North American cereal billion. Post-split, both companies CambriaEmSharehldr
CambriaFgnShare
EYLD 5.6
FYLD 5.9
28.49
25.43
–1.08
–0.98
.6902
.1189
GSMarketBetaInt
GSMarketBetaUS
GSID
GSUS
2.5
1.5
48.96
52.48
–1.54
–2.55
.2285
.2412
iShESGMSCIUSASC
iShESGScrS&P500
ESML
XVV
1.4
1.5
33.52
28.96
–2.92
–1.38
.1422
.1132
iShUSTelecom
iShUSTreasuryBd
IYZ 2.6
GOVT 1.9
22.06
23.05
–0.94
+0.38
.1658
.0405
PacerUSSCCash100
PacerWealthShield
CALF .8
PWS 1.5
37.68
27.12
–2.62
–0.74
.1124
.2427
XtrkS&P500Val
ZacksEarnCons
SNPV 1.7
ZECP .9
24.54
22.39
–1.16
–0.98
.105
.2112
CambriaGlbAssetAll GAA 5.5 26.82 –0.76 .4071 iShESGScrS&PMC XJH 1.4 33.27 –2.71 .1566 JanusB-BBBCLO JBBB 5.9 45.71 –0.15 .3019
business. It’s growing slowly, despite could be attractive acquisition targets. CambriaGlbMomentum GMOM 2.6 27.55 –1.07 .246
GS PhysGold
GooseHollowTact
AAAU
GHTA
...
.2
18.55
25.39
+0.14
–0.35 .056
...
iShESGScrS&PSC XJR 1.3 33.64 –2.83 .1903 JPMActiveEM JEMA 2.6 34.65 –1.53 .9134
PointBridgeGOP
PreferredPlus
MAGA 1.4
IPPP 5.7
37.07
8.93
–2.50
–0.82
.5098
.096 NASDAQ
CambriaGlbRlEst BLDG 4.2 25.08 –1.57 .0661 iShEdgeHYDefBd HYDB 6.5 43.57 –0.74 .2494 JPMBetaCanada BBCA 2.6 57.45 –3.37 .5067
owning brands like Froot Loops and • BorgWarner (BWA) plans to spin CambriaGlbTail FAIL ... 19.81 +0.37 ...
HartfordCoreBd
HartfordLCGrw
HCRB
HFGO
2.3
...
34.64
12.48
+0.36
–0.70
.0758
... iShEdgeIGEnhBd IGEB 3.7 43.82 +0.20 .1627 JPMBetaDevAPxJP BBAX 5.2 48.02 –2.58 .2508
PrincipalIntAd
PrincipalUSLC
PXUS 4.6
PLRG 2.6
21.16
22.93
–0.71
–1.11
.0688
.0963 AlpsActiveReit REIT 2.8 23.60 –1.90 .2239
CambriaGlbValue GVAL 4.9 20.52 –0.26 .0703 HartfordLowVolIntl RODE 3.6 24.55 –0.43 .65 iShEdgeMSCIMinEAFE EFAV 2.5 64.77 –0.87 .4969 JPMBetaEurope BBEU 4.5 51.26 –1.87 .2267 PrincipalUSSC PLTL 1.5 22.69 –1.52 .1224 AOT Growth AOTG ... 23.88 –1.67 ...
Frosted Flakes, while going through a off its internal-combustion engine op- CambriaMarijuana TOKE 2.2 6.31 –0.48 .0539 HartfordSchrUS HEET 1.8 21.72 –1.16 .155 iShEdgeMSCIMinVlEM EEMV 1.9 52.99 –1.07 .7556 JPMBetaIntl BBIN 2.7 51.91 –1.65 .18 ProShGlbListedPrv PEX 1.8 26.38 –2.32 .3677 AXS1.5XPYPLBrDly PYPS 1.7 34.83 +0.64 .6063
CambriaShareholder SYLD 1.7 59.84 –4.80 .3877 HartfordShrtDur HSRT 2.9 38.07 +0.07 .1263 iShEdgeMSCIMinVol ACWV 2.2 92.42 –2.01 1.2032 JPMBetaJapan BBJP 1.5 46.78 –0.49 .6803 ProShHY IntRt HYHG 5.7 58.81 –1.71 .2343 AXS1.5XPYPLBlDly PYPT .0 19.74 –1.31 8.7788
tough stretch that includes a strike and erations—today’s profit machine—leav- CambriaTailRisk
CambriaTrinity
TAIL 1.5
TRTY 4.0
15.13
24.70
+0.77
–0.60
.0719
.6339
HartfordSustIncm HSUN 5.0 33.27 +0.12 .1353 iShEdgeMSCIMinUSA
iShMSCIMinVolUSASC
USMV
SMMV
1.7
1.7
69.12
34.16
–2.40
–1.84
.3474
.2002
JPMBetaUSREIT
JPM Beta1-5Y
BBRE 2.6
BBSA 1.7
80.84
47.09
–6.33
+0.24
.6959
.081
ProShInvGrdIntRt IGHG 3.9 70.86 –1.65 .287 AXS1.25XNVDABrDly
AXSShChinaInt
NVDS 1.3
SWEB 1.1
20.50
20.70
+0.91
+2.15
2.2591
.6133
InnovDefWealth BALT ... 26.82 –0.18 ... ProShK1FreeCrude OILK 17.0 42.90 –1.77 .0556
a fire at a Memphis plant. Kellogg plans ing the parent company focused on CambriaValue
CboeVest10YInt
VAMO 1.1
RYSE ...
26.43
26.74
–1.47
–0.96
.145
...
InnovDoubStkJan
InnovDoubStkOct
DSJA
DSOC
...
...
24.94
28.18
–0.89
–0.90
...
...
iShEdgeMSCIUSAMom
iShEdgeMSCIUSAQual
MTUM
QUAL
1.9
1.6
136.09
116.31
–5.92
–5.10
.8419
.4815
JPMBetaUSDHYCpBd
JPMBetaUSEquity
BBHY 5.9
BBUS 1.6
43.81
69.21
–0.70
–3.41
.2459
.3614
ProShLCCorePlus
ProShDivGrowers
CSM 1.3
EFAD 1.7
45.65
35.77
–2.53
–0.85
.2039
.086
AXSShDe-SPACDly
AXSShInnovDly
SOGU 24.1
SARK .0
31.92
45.28
+3.12
+4.72
19.8612
13.748
to spin it off this year, keeping just its electric-vehicle components: tomor- ClearFocusVal
ConvergenceLS
CFCV 1.4
CLSE .8
29.74
14.78
–1.54
–0.16
.5739
.125
InnovDbStk9Jan
InnovDbStk9Oct
DBJA
DBOC
...
...
25.85
28.54
–0.58
–0.62
...
...
iShEdgeMSCIUSAVal
iShUSFixedIncmBal
VLUE
FIBR
3.2
3.6
90.46
83.29
–5.15
–0.13
.7276
.3009
JPMCorePlusBd
JPMInfltnMgdBd
JCPB 3.3
JCPI 3.5
46.58
46.31
+0.44
–0.10
.1417
.0438
ProShMSCIEMDiv
ProShMSCIEurDiv
EMDV 3.6
EUDV 1.7
46.40
41.83
–2.01
–1.25
1.2587
.0656
AXSTSLABrDly
AXS2XInnovation
TSLQ .9
TARK ...
51.45
52.47
+6.15
–13.68
2.0285
...
iShEMCorpBdFd CEMB 4.3 43.29 +0.08 .1539 JPM IntlBdOpps JPIB 3.1 46.91 +0.08 .1788
snacks, including Pringles and Pop- row’s opportunity. A separation makes CornerCapFundLC
CultivarETF
FUNL 1.9
CVAR 1.6
32.12
23.16
–1.91
–1.63
.5994
1.2626
InnovGrowthAccQ
InnovGrwAccPlApr
XDQQ
QTAP
...
...
22.03
24.18
–0.36
–0.92
...
... iShExpTechSftwr IGV .0 272.25 –16.41 .0234 JPM Municipal JMUB 2.4 49.98 +0.33 .1265
ProShMergerETF
ProShPetCare
MRGR .6
PAWZ .5
37.99
48.09
–0.09
–2.95
.2373
.1099
AXS2XNKEBrDly
AXS2XNKEBullDly
NKEQ 1.2
NKEL .0
27.59
30.26
+1.02
–1.62
.4125
3.5817
DavisFinl DFNL 2.2 26.69 –2.58 .905 iShFctUSGrwStyle STLG 1.7 30.68 –1.27 .1966 JPMUltShMuni JMST 1.5 50.60 +0.09 .1198 AXS2XPFEBrDly PFES .0 57.18 +5.19 7.1344
Tarts, its plant-based foods business, strategic sense, says Deutsche Bank’s DavisSelectIntl DINT .4 17.80 –1.50 .065
InnovGrwAccPlJul
InnovGrwAccPlJan
QTJL
QTJA
...
...
21.53
18.03
–0.80
–0.45
...
... iShFctUSValStyle STLV 3.2 26.13 –1.32 .2598 LHAMktStAlpha MSVX .1 24.22 +0.27 .0276
ProShRuss2000Div
ProShRussUSDivGrw
SMDV 2.5
TMDV 2.6
60.78
44.96
–4.38
–2.40
.5499
.4006 AXS2XPFEBullDly PFEL ... 18.09 –1.66 ...
DavisUSEquity DUSA 1.2 27.71 –1.89 .3287 InnovGrwAccPlOct QTOC ... 19.91 –0.59 ... ProShS&P500Arist NOBL 2.0 87.79 –4.28 .6004 AdvShDorseyADR AADR 3.7 47.08 –2.67 .54
and cereal outside North America. J.P. Emmanuel Rosne. It will allow the DavisWorldwide DWLD .7 25.57 –1.87 .186 InnovHdgTSLA TSLH .8 24.38 –0.04 .1859 ProShS&PMC400 REGL 2.4 69.92 –4.72 .5484 AdvShDWAlphaEW DWEQ .7 17.16 –1.33 .1269
DimenIntlCore2 DFIC 1.9 23.41 –0.85 .1245 InnovLadder BUFB ... 23.31 –0.81 ... ProShS&PTechDiv TDV 1.6 57.56 –2.31 .2911 AdvShDW FSM AC DWAW .5 30.43 –2.40 .1649
Morgan estimates that the company spinoff, to be called Phinia, to maxi- DimenIntlHiProf DIHP 2.2 23.10 –0.78 .1023 InnovNasd100Oct NOCT ... 37.05 –0.81 ... ProShShtVIXST SVXY ... 59.65 –6.67 ... AdvShDW FSM US DWUS .9 31.98 –1.79 .2981

Selected ETF Leaders

DimenIntlSC DFIS 1.4 22.52 –0.79 .0814 InnovNasd100Apr NAPR ... 36.56 –0.89 ... ProShUltVIXST UVXY ... 6.01 +1.45 ... AdvShDorseyMc DWMC .8 32.42 –2.10 .2561
will emerge with a lower profit margin mize profits today, while the remaining DimenIntlSCValue
DisciplineFund
DISV 1.5
DSCF 1.3
23.58
21.22
–0.86
–0.08
.1182
.2863
InnovNasd100Jan NJAN ... 36.19 –0.64 ... ProShVIXMTFut VIXM ... 27.56 +2.32 ... AdvShDorseyShrt
AlphaMarkActMgd
DWSH ...
SMCP .6
9.21
24.43
+0.83
–1.54 .1428
...
InnovNasd100Jul NJUL ... 44.82 –1.06 ... ProShVIXSTFut VIXY ... 10.62 +1.86 ...
than the cereal business, but with three BorgWarner invests in EV growth. DivPerformers
DonoghueForYdEnh
IPDP 3.8
DFRA 5.6
13.21
25.25
–1.51
–1.45
.0666
.1311
InnovRuss2000Jul
InnovRuss2000Oct
KJUL
KOCT
...
...
24.44
25.60
–1.31
–1.27
...
...
ROC ETF
RareviewDynFx
ROCI .1
RDFI 4.9
21.70
22.44
–1.18
–0.31
.0172
.098
AltriusGlbDiv
AmCentShDur
DIVD 1.9
SDSI 4.0
28.78
50.95
–1.42
+0.12
.0432
.2041
BY NICHOLAS JASINSKI Lately, however, a growing number times the sales growth, making it the Only one seems worthy of investment. EmergeEmpwrSusDiv EMCA .6 25.27 –1.17 .1459 InnovRuss2000Apr KAPR ... 25.93 –0.50 ...
Vanguard Total Bond
RareviewInfln FLTN 1.5 21.89 +0.35 .0197 ArgentMC AMID .2 23.85 –1.70 .0583

O
EmergeEmpwrSusEM EMCH .7 24.69 –0.67 .1797 InnovRuss2000Jan KJAN ... 30.31 –1.48 ... RareviewSys RSEE .2 23.54 –1.56 .0473 BlkRkAAACLO CLOA 8.2 50.68 +0.18 .3483
1.10% BrandyDynUSLCV DVAL 1.6 11.39 –0.76 1.503
of spinoffs have felt more like a way for more tempting half of the transaction. Rosner notes that the EV business will EmergeEmpwrSusGlb EMZA .2 24.49 –0.37 .0501 InnovS&P500Buff BJUL ... 31.11 –1.14 ... Market (BND) RareviewTaxAdv RTAI 3.6 20.08 +0.07 .043
EE,EU,MW,SW,WE

EmergeEmprSustSel EMGC .4 23.46 –0.86 .1053 InnovS&P500BuffO BOCT ... 32.09 –1.20 ... RegentsHdgMkt RPHS 1.3 8.29 –0.16 .1086 BurneyUSFactorRotation BRNY .9 26.00 –1.50 .0584
EmergeEmprUnif EMPW .5 23.94 –1.58 .1197 InnovS&P500BuffA BAPR ... 31.61 –1.11 ... ResidentialREIT HAUS 2.3 14.85 –1.12 .071 CabanaTarget5 TDSA 1.2 20.80 +0.04 .1123
n Wall Street, at least, not a company to shed underperforming • Johnson & Johnson (JNJ) will have strong growth, “best in class” EV EngineNo1 NETZ .9 48.13 –2.58 .1189 InnovS&P500Aug BAUG ... 30.18 –1.04 ... ReturnStackedBds RSBT ... 19.05 –1.02 ... CabanaTarget7 TDSB 3.0 20.97 +0.02 .2153
EngineNo1Tran500 VOTE 1.5 44.68 –2.19 .2153 InnovS&P500Dec BDEC ... 32.19 –1.21 ... SPDR Gold Shares ReverbETF RVRB .3 19.99 –0.97 .0541 CabanaTarget16 TDSE 1.0 21.92 ... .2957
only is breaking up not businesses, divisions facing technologi- shed its consumer health segment later exposure, and will be worth more than EngineNo.1TransformSupplyChain SUPP ... 47.81 –2.20 ... InnovS&P500Feb BFEB ... 30.42 –1.14 ... (GLD)
0.79
RiverEnhPreMgr SPCZ .2 25.84 +0.03 .0557 CabanaTarget10 TDSC 2.1 21.98 ... .2413
FCFIntlQual TTAI 18.4 25.92 –0.84 .0109 InnovS&P500Jan BJAN ... 33.48 –1.23 ... RiverPatriot FLDZ 1.6 21.18 –1.18 .3289 CabanaTarget13 TDSD 1.3 21.29 +0.04 .2521
hard to do, it’s something cal obsolescence, or unwanted debt. this year. That spinoff, to be called Ken- the 10 times 12-month forward earn- FCFUSQuality TTAC 1.7 46.30 –2.13 .1757 InnovS&P500BuffJun BJUN ... 30.86 –0.91 ... RoundCannabis WEED ... 5.40 –0.32 ... CabanaLdgAgg
CabanaLdgCon
CLSA .0
CLSC .0
18.66
19.13
+0.02
+0.02
.1927
1.0094
FPA GlobalEqu FPAG 1.2 21.52 –1.24 .0619 InnovS&P500BuffMar BMAR ... 33.13 –1.15 ... SEIEnhLvUSLC SELV 1.7 23.84 –0.77 .1313
companies are consider- Of the 20 spinoffs completed in vue, has Tylenol, Listerine, and Band- ings BorgWarner commands now. Yet FTCBOEModBufferFeb GFEB ... 28.47 –0.76 ... InnovS&P500BffMay BMAY ... 29.31 –0.75 ... iShares Core MSCI SEIEnhUSLCMom SEIM 1.4 24.18 –1.03 .0902 CabanaLdgMod CLSM .0 20.09 +0.02 .638
-3.15
FTCboeVestBuffDef BUFT ... 18.47 –0.36 ... InnovS&P500BuffN BNOV ... 29.98 –1.18 ... EAFE (IEFA) SEIEnhUSLCQul SEIQ 1.1 25.36 –0.75 .0693 CarbonColl CCSO .2 17.83 –1.38 .0416
ing as a way to create 2022, the shares of only six have out- Aid, and makes up about 17% of the Phinia could be viewed as a melting ice FTCboeVestBuffGrw
FTCboeVestBf
BUFG ...
BUFR ...
18.17
22.39
–0.57
–0.80
...
...
InnovS&P500JSep
InnovS&P500Divrs
BSEP
BUFF
...
...
30.62
34.68
–1.10
–0.89
...
...
SEIEnhUSLCVal
SPDRBlackHiIncm
SEIV 2.2
HYBL 6.3
23.21
27.29
–1.58
–0.24
.1745
.17
ClearBr AC Grw
ClearBrDivStrat
CACG .3
YLDE 1.7
34.70
38.00
–1.82
–1.84
2.4125
.1733
shareholder value. performed their former parent compa- current company’s sales. Spun out, it cube that won’t get much credit from FTCboeVestFdDpBf
FTCboeVestN100
BUFD ...
BUFQ ...
19.69
21.26
–0.46
–0.66
...
...
InnovS&P500Pwr
InnovS&P500PwrF
PJUL
PFEB
...
...
30.33
28.16
–0.91
–0.79
...
... -3.48
Vanguard FTSE SPDRDoubleEMFixed
SPDRDoubleShDurTR
EMTL 4.3
STOT 2.9
40.56
46.30
+0.13
+0.14
.161
.1564
ClearBrLCGrw
ClearBridgeSustInf
LRGE .2
INFR ...
43.60
23.77
–1.90
–0.48
.8212
...
Last year produced a nies’ stocks. That’s counter to history, could resemble Procter & Gamble the market. Investors should wait until FTCboeVestGold BGLD .4 18.83 +0.05 .0739 InnovS&P500PwrN PNOV ... 30.50 –0.94 ... Developed Markets SPDRLoomisOpp OBND 4.8 25.46 –0.06 .1267 CSX-LinksCrudeOil USOI 41.8 81.07 –1.76 2.8441
FTCboeVestGold IGLD 5.5 19.01 +0.02 .1183 InnovS&P500PwrA PAPR ... 28.80 –0.38 ... SPDRNuvMuniBd MBNE 2.5 29.33 +0.11 .0765 CSXLGoldCvETN GLDI 14.7 145.01 +0.31 .8906
(VEA)

MAGENTA
BLACK
CYAN
YELLOW
FTCboeVestIntlDec YDEC ... 20.68 –0.47 ... InnovS&P500Aug PAUG ... 28.53 –0.76 ... SPDRNuvMuniBd MBND 1.9 26.86 +0.18 .063 CSX SilverETN SLVO 19.5 75.17 –3.27 .792
near-record number of spinoff an- which has seen 55% of the 377 com- (PG) and Colgate-Palmolive (CL), after the spinoff before wading in. B FTCboeVestIntlJun YJUN ... 19.20 –0.49 ... InnovS&P500PwrD PDEC ... 30.13 –0.85 ... Invesco QQQ Trust SabaClosedEndFds CEFS 9.3 17.68 –0.80 .14 CrossBridgePreMerg SPC 1.0 20.96 +0.04 .0203
FTCboeVestIntlMar YMAR ... 19.69 –0.04 ... InnovS&P500Jan PJAN ... 31.98 –0.82 ... -3.71 2ndVoteLifeNeutral LYFE 1.1 30.03 –1.42 .6245 DefDlyShDigit IBIT ... 28.13 +2.55 ...
nouncements by U.S. companies, pleted U.S. spinoffs since 1999 beat FTCboeVestIntSep YSEP ... 18.65 –0.39 ... InnovS&P500PwrJun PJUN ... 29.97 –0.62 ... (QQQ) 2ndVoteSocDef EGIS .7 32.65 –1.77 .4263 DemLCCore DEMZ 1.0 24.15 –1.33 .2326
FTCboeVstN100Dec QDEC ... 19.49 –0.44 ... InnovS&P500PwrBuff PMAR ... 30.98 –0.78 ... SimplifyItTrea TYA 2.7 15.44 +0.93 .05 DirexAAPLBear1X AAPD .6 26.38 +0.46 .1267
according to Goldman Sachs, with 44 their parents stock-market perfor- FTCboeVstN100Jun QJUN ... 18.78 –0.56 ... InnovS&P500PwrMay PMAY ... 28.23 –0.47 ... SirenDivDefender DFND .3 34.50 –0.72 .0867 DirexAAPLBull1.5X AAPU .7 20.06 –0.56 .1209

unveiled. And the splits should keep mance by a median of four percentage The Big Breakup FTCboeVstN100Mar
FTCboeVstN100Sep
FTCboeVestRising
QMAR ...
QSPT ...
RDVI 9.5
20.40
17.77
20.98
–0.65
–0.54
–1.41 .1728
...
...
InnovS&P500PwrO
InnovS&P500Sep
InnovS&P500UltA
POCT
PSEP
UAPR
...
...
...
30.48
29.51
24.89
–0.83
–0.86
–0.05
...
...
...
-3.86
Vanguard FTSE
Emerging Markets
SirenDivLdrsDiv
SoundwatchHdg
StrategyResRobust
LEAD 1.2
SHDG .9
ROMO .8
50.78
21.16
24.37
–2.14
–0.81
–0.68
.1755
.1883
.1877
DirexAmznBr1X
DirexAmznBl1.5X
DirexGooglBr1X
AMZD .5
AMZU .5
GGLS .2
31.24
14.12
27.81
+1.32
–1.03
+0.87
.1411
.0581
.0482
coming as higher interest rates, a points over the year following the split, Spinoffs remain popular as companies look to drive shareholder value. FTCboeS&P500Div KNG 4.1 49.82 –2.41 .5019 InnovS&P500UltAug UAUG ... 26.08 –0.68 ... (VWO) StratGoldHdg GLDB 2.6 19.34 +0.22 .0493 DirexGooglBl1.5X GGLL .6 18.26 –0.96 .1003
FTCboeUSBuffJul FJUL ... 34.54 –1.25 ... InnovS&P500UltDec UDEC ... 27.46 –0.73 ... SubversiveDecarb DKRB ... 25.24 –1.62 ... DirexMsftBr1X MSFD .7 24.18 +0.66 .1622
slowing economy, and continued ad- per Goldman data. Recent YTD Market FTCboeUSBuffApr FAPR ... 29.84 –0.64 ... InnovS&P500UltFeb UFEB ... 25.68 –0.56 ... Vanguard Dividend SubversiveFood KCAL .1 24.74 –1.61 .0131 DirexMsftBl1.5X MSFU .5 23.09 –0.95 .1127
FTCboeUSBuffAug FAUG ... 35.00 –1.12 ... InnovS&P500UltJan UJAN ... 30.07 –0.66 ... -4.18 SubversMentalHlth SANE ... 23.15 –0.95 ... DirexTSLABr1x TSLS .3 31.80 +3.80 .0563
P/E* FTCboeUSBuffDec FDEC ... 32.11 –1.16 ... InnovS&P500UltrJul UJUL ... 25.91 –0.74 ... Appreciation (VIG) SubversiveMeta PUNK ... 16.98 –0.56 ... DirexTSLABl1.5x TSLL .6 9.92 –2.21 .0479
justments to doing business in the There’s a wide range of perfor- Company / Ticker Price Change Value (bil) Spinoff Plans FTCboeUSBuffFeb FFEB ... 35.68 –1.25 ... InnovS&P500UltJun UJUN ... 26.65 –0.69 ... SwanHdgEqUSLC HEGD .9 17.03 –0.52 .1491 DirexNasd100EW QQQE .9 67.00 –3.43 .2501
FTCboeUSBuffJan FJAN ... 33.35 –1.08 ... InnovS&P500Ultra UMAR ... 27.76 –0.58 ... 3DPrintingETF PRNT ... 21.87 –1.59 ... FidelityCrypto FDIG ... 12.62 –1.94 ...
postpandemic world weigh on corpo- mance, however. Some 10% outper- BorgWarner / BWA $50.22 25% $11.8 10.0 Separating its EV and internal-combustion FTCboeUSBuffJun FJUN ... 36.36 –1.37 ... InnovS&P500UltMay UMAY ... 25.92 –0.69 ... SPDR S&P 500 ETF TouchstoneUSLC LCF .2 24.53 –0.63 .0569 FidelityMetaverse FMET ... 21.67 –1.13 ...
P2BW072000-0-W01400-3--------XA
Composite C M Y K

FTCboeUSBuffMar FMAR ... 32.10 –0.85 ... InnovS&P500UltN UNOV ... 27.91 –0.73 ... -4.49 TouchUltShIncm TUSI 3.6 24.99 +0.04 .0891 FidelityNasdaq ONEQ .9 43.80 –2.10 .139
rate profits. formed by at least 70 percentage engine businesses. FTCboeUSBuffMay FMAY ... 35.25 –1.20 ... InnovS&P500UltO UOCT ... 27.63 –0.58 ... Trust (SPY) TrimDonForRisk DFNV 1.2 22.41 –0.58 .2652 FT AltAbsRet FAAR 6.1 30.54 +0.36 1.7361
FTCboeUSBuffNov FNOV ... 35.79 –1.29 ... InnovS&P500UltSep USEP ... 26.49 –0.67 ... TrimDonForTact DFHY 3.6 20.69 +0.19 .1472 FT APxJapan FPA 4.2 25.90 –1.25 .3294
Management pitches for spinoffs points, while 7% trailed by at least 70 Crane Holdings / CR 121.23 21 6.9 15.0 Spinning off its payments-focused business, FTCboeUSBuffOct FOCT ... 33.33 –1.26 ... InnovS&PHiQualPfd EPRF 5.5 18.54 –0.93 .085 TrueStructOutApr APRZ .6 25.50 –0.90 .147 FT BICK BICK 2.1 24.40 –1.30 .3625
Illustration by Qianhui Yu

FTCboeUSBuffSep FSEP ... 33.72 –1.20 ... InnovTripleStkJan TSJA ... 24.47 –0.94 ... Vanguard Total Stock TrueStructOutAug AUGZ .4 30.30 –0.91 .1233 FT BrazilAlpha FBZ 10.2 10.20 –0.17 .1018
tend to follow a similar script. They percentage points. Recent winners leaving behind a more traditional industrial. FTCboeUSDeepApr
FTCboeUSDeepAug
DAPR ...
DAUG ...
29.41
31.01
–0.32
–0.84
...
...
InnovTripleStkOct
Innov20+YTrBd5Jl
TSOC
TFJL
...
...
27.56
20.57
–0.94
+0.39
...
...
-5.06
Market (VTI) TrueStructOutDec
TrueStructOutFeb
DECZ .0
FEBZ ...
27.49
27.73
–0.98
–0.64
.3942
...
FT BuyWrite
FT CA MuniHi
FTHI 9.3
FCAL 2.5
19.43
48.74
–0.78
+0.18
.145
.1115
argue that a leaner, meaner company include International Paper’s (ticker: Johnson & Johnson / JNJ 153.95 -13 405.1 14.7 J&J will look more like a pharma company after FTCboeUSDeepDec
FTCboeUSDeepFeb
DDEC ...
DFEB ...
30.89
32.49
–0.77
–0.78
...
...
Innov20+YTrB9BfJul
InnovUSEqAcc9BfApr
TBJL
XBAP
...
...
20.29
25.84
+0.52
–0.90
...
...
TrueStructOutJan
TrueStructOutJul
JANZ .0
JULZ .1
25.87
31.99
–0.97
–1.01
.0538
.0223
FT CapStrength
FT ChinaAlphaDEX
FTCS 1.3
FCA 5.9
70.70
21.73
–3.09
–1.08
.2915
.5991
iShares Core S&P
with more-focused executives and in- IP) spinoff of Sylvamo (SLVM), which spinning off its consumer business. FTCboeUSDeepJan
FTCboeUSDeepJul
DJAN ...
DJUL ...
30.08
30.99
–0.69
–0.98
...
...
InnovUSEqAccApr
InnovUSEqAccQ
XDAP
XDSQ
...
...
24.87
24.54
–1.18
–1.17
...
... -7.65
Small Cap (IJR)
TrueStructOutJun
TrueStructOutMar
JUNZ .6
MARZ .0
24.00
25.27
–0.39
–0.89
.1333
.1831
FT CloudComp
FT DevIntlEquity
SKYY .2
RNDM 2.6
59.89
47.14
–5.03
–1.24
.0113
.2389
FTCboeUSDeepJun DJUN ... 32.63 –0.94 ... InnovUSEqAcc9BfJan XBJA ... 22.45 –0.58 ... TrueStructOutMay MAYZ .7 23.47 –0.23 .1585 FT DevMkts FDT 2.2 49.83 –2.02 .1878
vestors, and a more appropriate capital has outperformed by 77 percentage Kellogg / K 64.61 -9 22.3 15.9 Kellogg will be focused on snacks after FTCboeUSDeepMar DMAR ... 30.27 +0.05 ... InnovUSEqAccPlApr XTAP ... 24.68 –1.20 ... TrueStructOutNov NOVZ .0 30.25 –0.72 .0742 FT DevMktsXUS FDTS 3.5 39.28 –1.58 .5962
FTCboeUSDeepMay DMAY ... 31.16 –1.04 ... InnovUSEqAccJul XDJL ... 23.76 –0.87 ... TrueStructOutOct OCTZ .7 29.30 –0.62 .1967 FT DivStrength FTDS 1.0 42.14 –2.98 .3796
structure, will remove the “conglomer- points since separation. On the other shedding its North American cereal operations. FTCboeUSDeepNov DNOV ... 32.91 –0.89 ... InnovUSEqAccOct XDOC ... 21.90 –0.77 ...
Source: Barron’s Statistics
TrueStructOutSep SEPZ .7 29.48 –1.03 .2031 FT DorseyDyn5 FVC 1.6 33.19 –2.88 .2713
FTCboeUSDeepOct DOCT ... 31.57 –0.86 ... InnovUSEqAcc9BfJul XBJL ... 26.09 –0.87 ... 2xLongVIXFut UVIX ... 23.11 +6.97 ... FT DorseyFoc5 FV 1.4 44.97 –3.72 .2329
ate discount” and boost valuations. hand, IBM’s (IBM) spinoff of Kyndryl *12-month forward estimate Source: FactSet. FTCboeUSDeepSep DSEP ... 30.76 –0.88 ... InnovUSEqAcc9BfOct XBOC ... 23.74 –0.55 ... UphldgsCompKings KNGS ... 17.73 –1.10 ... FT DorseyIntl5 IFV 3.7 17.04 –0.36 .1422
 52 BARRON’S March 13, 2023

D ATA EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA

Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
FT DW Momentum DDIV 3.7 27.81 –2.06 .4598 Granite1.75xLgAAPL AAPB ... 18.97 –0.67 ... iShiBdsDec30Trea IBTK 2.5 19.77 +0.40 .0386 VangdRuss1000 VONE 1.6 175.82 –9.08 .733 AkrosMonthlyPay MPAY 7.2 21.98 –0.22 .1289 BondUSDHYBdInd XHYI 6.7 36.07 –0.51 .2297
FT DW Mom&Low DVOL 1.5 24.86 –1.06 .1435 GrShr1.75xLgBABA BABX ... 20.72 –3.05 ... iShiBdsDec31Trea IBTL 2.5 20.76 +0.47 .0469 VangdRuss1000Grw VONG .9 57.64 –2.58 .146 AlerianEnergyInfr ENFR 5.8 20.80 –0.95 .3149 BondUSDHYBdTel XHYT 6.9 33.44 –0.85 .1669
FT DW Mom DVLU 2.2 22.37 –1.94 .2033 Granite1.25xLTesla TSL ... 12.12 –2.20 ... iShiBdsDec32Trea IBTM 2.7 23.47 +0.54 .063 VangdRuss1000Val VONV 2.3 64.96 –3.79 .4246 AlerianMLPETF AMLP 7.7 38.72 –0.96 .77 BreakwDryBulk BDRY ... 10.19 +0.80 ...
FTDorseyDALI1 DALI .5 24.62 –0.64 .1226 Granite1xShTSLA TSLI 1.9 30.17 +3.59 4.741 iShiBdsDec28Trea IBTI 2.0 22.11 +0.36 .0512 VangdRuss3000 VTHR 1.5 173.48 –9.05 .7907 AlexisPractical LEXI .9 23.04 –0.89 .2183 BuildBdInnov BFIX 2.4 22.75 +0.09 .0456
FT DJ IntlInt FDNI ... 21.50 –1.98 ... GuruFavoriteStocks GFGF .4 20.29 –1.27 .0836 iShiBdsDec25Trea IBTF 2.4 23.23 +0.16 .0695 VangdRuss2000 VTWO 1.5 71.07 –6.21 .4155 AlgerMC40 FRTY ... 11.82 –0.87 ... CP HY Trend HYTR 1.7 20.70 –0.37 .1035
FT MultAsstDiv MDIV 6.8 14.78 –0.73 .0716 HighlandSrLoan SNLN 6.1 14.84 +0.05 .1277 iShiBdsDec24Trea IBTE 2.6 23.80 +0.08 .0756 VangdRuss2000Grw VTWG .7 159.86 –13.48 .5067 Alger35 ATFV .1 13.45 –0.93 .0074 CalamosAnte SROI ... 23.40 –0.98 ...
FT NasdTechDiv TDIV 2.4 49.84 –1.48 .4176 HorizKineticsMed MEDX ... 28.35 –1.61 ... iShiBdsDec29Trea IBTJ 2.2 21.77 +0.39 .057 VangdRuss2000Val VTWV 2.1 121.06 –10.91 1.0215 AlgerWeatherbie AWEG ... 18.61 ... ... CalvertIntlResp CVIE ... 47.84 –1.64 ...
FT EM Alphadex FEM 6.0 21.47 –0.34 .2039 HorizKineticsSpac SPAQ ... 95.70 +0.14 ... iShiBdsDec27Trea IBTH 2.4 22.29 +0.29 .0618 VangdSTCpBd VCSH 2.2 75.29 +0.17 .1639 AllianzUSLCBf10A APRT ... 27.99 –0.86 ... CalvertUSLCCore CVLC ... 48.01 –2.61 ...
FT EM EquitySel RNEM 2.9 43.23 –0.89 .0537 IQChaikinUSLC CLRG 1.4 31.14 –1.55 .1094 iShiBdsDec26Trea IBTG 2.5 22.71 +0.21 .0612 VangdShtTmInfltn VTIP 6.8 47.00 –0.09 1.117 AllzIMUSLCBuff10 DECT ... 24.20 –0.89 ... CalvertUSLCDiv CDEI ... 48.57 –2.24 ...
FT EM LocalCurr FEMB 6.1 26.71 +0.08 .125 IQ Chaikin US SC CSML 1.3 31.84 –2.74 .1394 iShiBdsDec23Trea IBTD 2.3 24.72 +0.03 .0796 VangdShortTrea VGSH 1.5 57.84 +0.33 .1206 AllianzUSLCBf10F FEBT ... 24.08 –0.90 ... CalvertUSMCCore CVMC ... 47.34 –3.56 ...
FT EM SC Alpha FEMS 4.6 38.21 –0.48 .092 IQGlbEquR&DLdrs WRND 2.1 21.27 –0.17 .1119 iShIndia50ETF INDY .0 40.95 –1.18 1.585 VangdTotalBd BND 2.6 72.67 +0.79 .1642 AllianzUSLCBf10J JANT ... 25.67 –0.84 ... CalvertUSSel CVSE ... 47.73 –2.67 ...
FT EnhShtMat FTSM 2.2 59.54 +0.06 .201 IQUSLCR&DLdrs LRND 1.5 20.93 –0.34 .0762 iShIntlDevRealEst IFGL 2.9 20.54 –0.85 .1999 VangdTotalCpBd VTC 3.2 75.13 +0.43 .2115 AllianzUSLCBf10J JULT ... 27.91 –1.01 ... CalvertUltShIG CVSB 4.8 50.10 +0.05 .1998
FT EuropeAlpha FEP 2.8 34.33 –1.58 .1707 IQUSMCR&DLdrs MRND .8 19.85 –1.09 .0408 iShIntlTreasuryBd IGOV ... 38.98 +0.51 ... VangdTotIntlBd BNDX 1.6 48.30 +0.63 .0588 AllzIMUSLCBuf10Mar MART ... 24.50 –0.82 ... CapGrpCore CGUS 1.1 22.69 –0.97 .091
FTEurozoneAlpha FEUZ 2.9 38.69 –1.57 .0408 iBETSportsBetting IBET .1 9.65 –0.69 .0135 iShJPMUSDEmBd EMB 5.0 85.00 –0.28 .3788 VangdTotIntlStk VXUS 3.0 53.27 –1.90 .6289 AllianzUSLCBf10N NVBT ... 25.26 –0.95 ... CapGrpCorePlus CGCP 3.5 22.40 +0.17 .0578
FT FlexMuni MFLX 4.6 16.51 +0.25 .054 InvscActMgdETC PDBC 13.6 14.17 –0.50 1.9283 iShMBS MBB 2.5 93.21 +0.72 .2505 VangdTotWorldBd BNDW 2.1 68.01 +0.76 .1187 AllianzUSLCB10O OCTT ... 28.62 –1.02 ... CapitalGrpDivVal CGDV 1.3 24.01 –0.91 .1394
FT GerAlpha FGM 5.1 37.93 –2.21 .2014 InvscAgricCmdK-1 PDBA .7 29.37 –0.31 .22 iShMSCIACWI ACWI 1.8 86.36 –3.87 .6764 VicShDevEnhVol CIZ 2.1 30.77 –0.27 .0495 AllianzUSLCBf20A APRW ... 26.82 –0.10 ... CapGrpGlbGrw CGGO .6 21.67 –0.90 .081
FT GlTactCommod FTGC 7.1 23.39 –0.85 2.5279 InvscBldrSEM50 ADRE 4.1 37.94 –2.17 .379 iShMSCIACWIxUS ACWX 2.6 46.79 –1.75 .3824 VicShDivAccel VSDA 1.9 43.66 –1.96 .0837 AllzIMUSLCBuffer20 DECW ... 24.62 –0.64 ... CapitalGrpGrw CGGR .3 20.96 –1.36 .0469
FT GrwthStr FTGS .8 21.06 –1.13 .0428 InvscBS30CpBd BSCU 3.3 16.07 +0.07 .0495 iShMSCIACxJpn AAXJ 1.5 64.61 –3.23 .7872 VicShESGCrPlBd UBND 3.4 21.57 +0.15 .0741 AllianzUSLCBf20F FEBW ... 24.39 –0.59 ... CapGrpIntlFocus CGXU .9 21.78 –0.85 .1215
FT HiIncmStrat HISF 4.3 44.26 +0.10 .1483 InvscBS30HYCpBd BSJU 8.5 24.03 –0.50 .1337 iShMSCIBrazilSC EWZS 4.6 11.62 +0.20 .321 VicShESGCpBd UCRD 2.9 20.50 +0.11 .0575 AllianzUSLCBf20J JANW ... 26.68 –0.58 ... CapGrpMuniIncm CGMU 2.7 26.46 +0.19 .0579
FT IPOXEurEq FPXE 1.8 20.73 –0.86 .0326 InvscBS30MuniBd BSMU 2.3 21.91 +0.20 .0461 iShMSCIChina MCHI 1.8 46.73 –3.78 .7115 VicShEMValMom UEVM .7 40.56 –0.77 .0125 AllianzUSLCBf20J JULW ... 27.10 –0.68 ... CapGrpShDur CGSD 3.4 25.35 +0.08 .0676
FT IncmOpps FCEF 7.3 19.18 –0.84 .1175 InvscBS28CpBd BSCS 2.9 19.67 +0.09 .058 iShMSCICnMulti TCHI 1.1 18.59 –1.59 .1453 VicShIntlHiDivVol CID 5.5 30.74 –1.19 .1804 AllianzUSLCBf20N NVBW ... 25.44 –0.65 ... CapGrpUSMult CGMS 5.1 25.84 –0.15 .0861
FT GlblAgri FTAG 1.8 28.73 –1.68 .1737 InvscBS25CpBd BSCP 2.4 20.12 +0.03 .0477 iShMSCIEAFESC SCZ 1.9 58.33 –1.89 1.125 VicShIntlValMom UIVM 3.0 42.07 –1.36 .1253 AllianzUSLCB10 OCTW ... 28.20 –0.63 ... CapLinkGlbFin KOIN 1.8 27.45 –1.83 5.7208
FT GlbNatRscs FTRI 8.6 13.34 –0.82 .1858 InvscBS25HYCpBd BSJP 5.6 22.30 –0.20 .107 iShMSCIEMAsia EEMA 1.6 63.58 –3.17 .7851 VicShIntlVolWtd CIL 2.5 38.39 –1.30 .0662 AllianzIMUSLC6MAO SIXO ... 24.94 –0.71 ... CarbonStrat KARB .4 38.68 +2.43 .1525
FTIndiaNifty50EW NFTY 5.4 42.20 –0.84 1.0537 InvscBS24CpBd BSCO 2.3 20.51 +0.01 .0451 iShMSCIEMxChina EMXC 2.8 48.04 –1.24 .8458 VicShNasdNext50 QQQN .9 24.51 –1.49 .0182 AllianzIMUSLC6MJJ SIXJ ... 22.82 –0.59 ... ChangeCapL/S CBLS ... 20.88 –0.94 ...
FTIndxxInnTran LEGR 2.5 35.82 –1.58 .0943 InvscBS24HYCpBd BSJO 5.1 22.30 –0.18 .1029 iShMSCIEurFinls EUFN 3.9 18.98 –1.15 .072 VicShTHBMCESG MDCP ... 22.40 –0.78 ... AlphaDog RUFF 1.3 16.97 –1.05 .226 ChangeCapSust CBSE .5 22.77 –1.42 .1129
FT IndxxMeta ARVR .3 26.68 –0.88 .0654 InvscBS27CpBd BSCR 2.8 19.01 +0.08 .0529 iShMSCIEuropeSC IEUS 2.8 52.53 –2.36 .3128 VicShUSAACrIntBd UITB 2.2 46.03 +0.41 .1125 AlphaIntellLCGwth AILG ... 15.76 –0.21 ... ClearSharesOCIO OCIO 1.5 27.98 –0.44 .6273
FTIndxxNextG NXTG 1.9 65.82 –1.25 .1972 InvscBS26CpBd BSCQ 2.8 18.88 +0.04 .0493 iShMSCIGlbGoldMin RING 2.4 21.21 –0.98 .2823 VicSh USAAShtBd USTB 2.2 48.89 –0.06 .1605 AlphaIntelliLCVal AILV 1.3 23.03 –1.53 .2923 ClearPitonInt PIFI .0 91.13 +0.77 .3642
FTIntlDevCapStr FICS 1.8 29.68 –0.80 .0773 InvscBS26HYCpBd BSJQ 5.8 22.54 –0.29 .1106 iShMSCIGlbSus SDG 1.9 75.99 –3.10 .6952 VicShUSDiscEnhVol CSF 1.6 51.42 –4.43 .0851 AltEventDriven EVNT .1 9.16 –0.26 .0118 ClearUltShMat OPER 2.3 100.30 +0.09 .35
FT IntlEqOpps FPXI 1.1 38.26 –1.65 .1149 InvscBS23CpBd BSCN 1.7 21.07 ... .0391 iShMSCIJapanVal EWJV 2.6 25.44 –0.24 .2632 VicShUSEQIncmEnh CDC 3.6 59.34 –3.73 .1939 AltMergerArb ARB 4.3 25.22 –0.22 1.0757 ClockwiseCap TIME ... 17.93 –0.73 ...
FT JapanAlpha FJP 2.1 44.98 –0.32 .1635 InvscBS23HYCpBd BSJN 4.4 23.49 –0.07 .0909 iShMSCINZ ENZL 1.6 47.82 –1.93 .2422 VicShUS500EnhVol CFO 1.9 59.93 –3.70 .1221 AmCentDivrsCpBd KORP 3.2 45.47 +0.24 .1551 ColumbiaDivFixed DIAL 3.5 17.39 +0.03 .0463
FT LC CoreAlpha FEX 1.6 78.49 –5.43 .4725 InvscBS31CpBd BSCV 3.7 15.86 +0.06 .0545 iShMSCIQatar QAT 4.7 18.49 +0.04 .1216 VicShUS500Vol CFA 1.6 66.05 –4.11 .1341 AmCentDivrsMuni TAXF 2.2 49.44 +0.20 .1206 ColumbiaEMCoreXCh XCEM 2.4 26.06 –0.79 .6175
FT LC GrwAlpha FTC .9 90.03 –4.86 .3255 InvscBS31MuniBd BSMV 2.3 21.07 +0.16 .0425 iShMSCITurkey TUR 2.0 36.65 +1.38 .1764 VicShUSLCHiDivVol CDL 3.5 56.08 –3.65 .202 AmCentEMBd AEMB 5.6 37.59 –0.07 .181 ColumbiaEMConsumer ECON 2.1 19.52 –0.91 .4051
FT LC US Equity RNLC 1.5 29.74 –1.68 .1501 InvscBS32CpBd BSCW 4.7 19.99 +0.12 .0807 iShMSCIUAE UAE 2.8 14.44 –0.31 .0324 VicShUSMultMin VSMV 2.1 36.84 –1.49 .0843 AmCentLowVol LVOL 1.6 41.43 –1.81 .1744 ColumbiaIndiaCnsmr INCO .2 44.71 –0.73 4.7969
FT LC ValAlpha FTA 2.2 65.02 –5.20 .5323 InvscBS2032MuniBd BSMW ... 25.18 +0.23 ... iShMSCIWaterMgmt IWTR .3 26.79 –0.97 .0861 VicShUSSCHiDiv CSB 3.6 52.19 –4.02 .1674 AmCentMCGrw MID ... 43.58 –3.05 ... ColumbiaIntlESGEq ESGN 3.4 25.68 –0.47 .2104
FT LatAmAlpha FLN 5.5 17.09 –0.46 .1823 InvscBS28HYCpBd BSJS 6.0 20.65 –0.44 .1033 iShMornMCValue IMCV 2.4 60.88 –4.74 .4443 VicShUSSCVolWtd CSA 1.4 59.02 –4.85 .0924 AmCentMulti MUSI 4.1 43.07 +0.19 .1742 ColumbiaMultMun MUST 1.9 20.39 +0.15 .0356
FT LowDurOpp LMBS 2.4 47.71 +0.13 .135 InvscBS28MuniBd BSMS 1.7 23.36 +0.16 .0468 iSh1-5YIGCorpBd IGSB 2.3 49.94 +0.14 .1247 VicShUSSmcVal USVM 2.0 62.86 –4.84 .1701 AmCentQulDivIn QINT 3.4 42.08 –1.38 .5968 ColumbiaResEnhCore RECS 1.4 22.79 –1.05 .3205
FT LowDurStrat LDSF 2.9 18.48 +0.02 .057 InvscBS25MuniBd BSMP 1.5 24.35 +0.09 .04 iSh13YearIntlTBd ISHG ... 68.57 –0.01 ... VicShUSValMom ULVM 1.8 61.22 –3.35 .1662 AmCentStoxxUSQ QGRO .4 60.24 –2.80 .0673 ColumbiaResEnhVal REVS 2.5 19.32 –1.13 .481
FT MgdMuni FMB 2.6 50.52 +0.28 .1285 InvscBS24MuniBd BSMO 1.2 24.78 +0.06 .0422 iSh1-3YTreaBd SHY 1.6 81.21 +0.45 .1623 VicShWestEndUS MODL .5 26.50 –1.00 .0367 AmCentStxUSQual VALQ 2.8 46.43 –2.57 .3594 ColumbiaSelSem SEMI .2 17.39 –0.79 .0774
FT MC CoreAlpha FNX 1.2 88.95 –7.17 .3782 InvscBS24USDEM BSDE 3.3 24.04 +0.02 .068 iShParisClimt PABU 1.1 41.86 –2.19 .1552 VirtusTerraUSQual JOET 1.3 26.60 –1.30 .3339 AmerCenturySelHY AHYB 5.3 42.94 –0.65 .1923 ColumbiaShDuration SBND 3.0 17.93 +0.03 .048
FT MC GrwAlpha FNY .2 57.77 –4.26 .1112 InvscBS29CpBd BSCT 2.8 17.90 +0.15 .0478 iShPfd&Incm PFF 6.3 31.18 –1.33 .19 WahedDJIslamic UMMA 1.7 19.95 –0.73 .0054 AmCentSustEq ESGA 1.1 48.52 –2.24 .1113 ColumbiaUSESGEq ESGS 2.8 36.39 –1.74 .2487
FT MC US Equity RNMC 1.7 27.03 –2.14 .2242 InvscBS29HYCpBd BSJT 5.7 19.95 –0.36 .1025 iShS&PSC600Gr IJT 1.1 108.53 –8.17 .3711 WahedFTSEUSAShar HLAL 1.1 36.19 –1.51 .1081 AmCentSustGrowth ESGY .5 33.64 –1.41 .05 CommSvsSPDR XLC 1.0 52.26 –2.50 .1177
FT MC ValAlpha FNK 1.6 43.46 –3.83 .2575 InvscBS29MuniBd BSMT 1.8 23.03 +0.17 .048 iShSelectDiv DVY 3.6 115.50 –6.77 1.0401 WstAstShrtDur WINC 2.8 23.43 +0.07 .0828 AmConsValues ACVF .9 29.73 –1.42 .0782 ConductorGlbEquity CGV .7 12.96 –0.47 .0942
FT MCGrAlpDX FAD .6 94.77 –6.35 .2779 InvscBS27HYCpBd BSJR 5.6 21.36 –0.36 .109 iShSemiconductor SOXX 1.1 404.90 –14.69 1.0624 WstAstTR WBND 2.2 20.36 +0.20 .0836 AmplifyBlackSwan SWAN 2.1 24.83 –0.04 .1843 ConstCapESGOrph ORFN 2.0 19.71 –0.65 .1496
FT MCValAlpha FAB 1.8 68.92 –5.85 .4778 InvscBS27MuniBd BSMR 1.7 23.59 +0.15 .0508 iSh7-10YTreaBd IEF 2.1 97.33 +2.16 .1962 WisdTrChinaxSOE CXSE 1.6 33.12 –2.83 .0423 AmplifyBlkIswn ISWN 1.9 18.92 –0.05 .127 CnsmrDiscSelSector XLY .9 138.20 –8.11 .3658
FT MunHiIncm FMHI 3.6 46.70 +0.24 .1525 InvscBS26MuniBd BSMQ 1.8 23.52 +0.12 .045 iShShortTreaBd SHV 2.0 110.13 +0.11 .2904 WisdTrCloud WCLD ... 26.66 –3.03 ... AmplifyBlackTech QSWN 2.4 17.27 +0.06 .1587 CnsStapleSelSector XLP 2.6 71.11 –1.43 .533
FT NasdComBk QABA 2.3 47.28 –5.83 .2782 InvscBS23MuniBd BSMN 1.2 25.12 +0.02 .04 iSh3-7YTreaBd IEI 1.5 115.56 +1.60 .192 WT CybersFd WCBR .0 16.77 –1.45 .0042 AmpCWPEnhDiv DIVO 5.0 34.34 –1.31 .1414 ConvexDly1.5x SPKY ... 16.66 +3.98 ...
FT NasdCleanEdge QCLN .3 50.24 –4.26 .0855 InvscBS23USDEM BSCE 2.1 23.38 –0.01 .0462 iSh20+YTreaBd TLT 2.7 105.59 +3.70 .2498 WisdTrEM CpBd EMCB 4.1 62.15 +0.02 .23 AmplifyDigiOnline BIDS .9 13.15 –1.48 .1184 Convex1xSpikes SPKX ... 19.94 +3.46 ...
FT NasdClEdSmGr GRID 1.2 93.16 –3.37 .273 InvscBuyBackAch PKW 1.2 83.85 –5.63 .2739 iShUSDBdFactor USBF 3.1 84.46 +1.67 .2861 WisdTrEMQualDivGrw DGRE 4.3 21.73 –0.86 .30 AmplifyEMFinTech EMFQ .3 19.95 –1.29 .0517 CorbettRdTactOpp OPPX .6 21.47 –0.53 .1345
FT NasdCybersec CIBR .3 40.04 –2.29 .0954 InvscDWABasicMatl PYZ 1.1 83.69 –9.27 .2234 iShUSDGreenBd BGRN 3.2 46.49 +0.36 .129 WT GermanyHdg DXGE 3.4 35.53 –0.89 .4457 AmplifyHiIncm YYY 12.2 11.80 –0.43 .12 CoreAlternative CCOR 1.2 30.20 +0.08 .0661
FT Nasd100xTech QQXT .9 77.29 –4.25 .1861 InvscDWAConsCyc PEZ .4 67.00 –2.69 .1103 iSh0-5YIGCpBd SLQD 2.2 47.91 +0.10 .1131 WisdTrIntRtHYBd HYZD 5.4 20.57 –0.61 .10 AmplifyInfltn IWIN .6 20.71 –1.27 .1147 CS S&P MLP MLPO 6.5 12.72 –0.28 .2186
FT Nasd100Tech QTEC .1 117.85 –5.56 .0828 InvscDWACnsStpls PSL 2.0 81.97 –3.35 .8205 JPMNasdEqPrem JEPQ 12.4 41.53 –1.27 .433 WisdTrIntUSAgg AGZD 2.9 43.55 –0.31 .115 AmplifyIntEnhDiv IDVO 6.0 26.26 –1.15 .1344 DBGoldDoubleLg DGP ... 38.36 +0.30 ...
FT NasdArtlIntel ROBT .3 39.85 –2.59 .0535 InvscDWADevMkt PIZ 2.0 28.73 –1.02 .0306 JanusSCGrwAlpha JSML .6 48.77 –3.73 .1948 WisdTrJapanHdgSC DXJS 2.4 48.70 –0.42 .5614 AmplifyLithium BATT 4.0 12.16 –1.09 .4849 DBGoldDoubleShrt DZZ ... 2.64 –0.03 ...
FT NasdaqBk FTXO 3.2 23.86 –4.07 .2416 InvscDWAEMMom PIE 3.4 18.12 –0.50 .0507 JanusS/MC GrwAlph JSMD .4 54.10 –3.88 .0843 WTTargetRngFd GTR .5 20.87 –0.63 .0964 AmplifyNatRscs NDIV 5.1 25.18 –1.68 .1445 DBGoldShortETN DGZ ... 10.23 –0.15 ...
FT NasdBuyWrite FTQI 3.5 18.63 –0.61 .179 InvscDWAEnerMom PXI 3.3 40.88 –4.17 .5976 JPM SocAdv UPWD .5 49.81 –2.70 .2684 WT US Growth WGRO ... 19.93 –1.25 ... AmplifyOnlineRet IBUY ... 40.93 –4.01 ... DayHaganNedRes SSUS .6 30.99 –1.53 .1925
FT NasdFood&Bev FTXG 1.6 25.77 –0.78 .1445 InvscDWAFinMom PFI 2.0 39.99 –3.43 .1102 JPM SustConsmp CIRC .4 49.73 –2.28 .1963 WisdTrUSQltyDiv DGRW 2.1 59.53 –2.44 .06 AmpSeymCannabis CNBS ... 4.50 –0.47 ... DayHaganSmFx SSFI 1.8 21.65 +0.09 .2494
FT NasdLux EKG ... 15.89 –1.54 ... InvscDWAHlthcrMom PTH ... 108.29 –9.47 ... JPM SustInfr BLLD ... 44.97 –1.34 ... WisdTrUSSCQltyDiv DGRS 2.8 41.75 –3.38 .035 AmplifyAllStars MVPS .0 16.35 –1.17 .0013 DayHaganSmIntl SSXU .6 26.05 –1.08 .1648
FT NasdOil&Gas FTXN 2.4 26.91 –2.02 .1901 InvscDWAIndlsMom PRN .8 92.60 –5.57 .2963 KellyCrispr XDNA .1 9.03 –1.23 .0093 WTVoyaYdEnhUSD UNIY 2.9 48.83 +0.35 .12 AmplifyTransData BLOK ... 16.34 –1.73 ... DefianceHotel CRUZ .1 18.25 –1.07 .0207
FT NasdPharm FTXH 1.2 25.33 –1.21 .1253 InvscDWAMom PDP .4 72.79 –3.47 .2389 LoncarCancerETF CNCR ... 12.17 –1.26 ... AngelOakIncm CARY 6.3 20.11 +0.07 .119 DefianceNextGen FIVG 1.6 30.91 –1.31 .1298
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FT NasdSemicon FTXL .8 60.01 –2.02 .1867 InvscDWASCMom DWAS .8 72.32 –6.36 .1388 LoncarChinaBio CHNA ... 18.29 –1.46 ... NYSE AngelOakUltSh UYLD 4.9 50.35 +0.07 .218 DefNextGenH2 HDRO ... 9.88 –0.76 ...
FT NasdaqTrans FTXR 2.2 27.27 –1.82 .1665 InvscDWATechMom PTF ... 121.10 –5.11 ... MartinCurrieSuInt MCSE .4 13.43 –0.66 .061 HarbCmdAllWeather HGER .6 21.67 –0.51 .1399 AppliedFinValLC VSLU 1.0 23.69 –0.97 .2334 DefianceQuantum QTUM 1.3 43.07 –1.80 .0742
FT Nasd100 EW QQEW .6 93.04 –4.91 .1754 InvscDWAUtilMom PUI 2.3 31.61 –1.19 .1812 MerlynAIBullBr WIZ 4.6 26.22 –0.99 1.2168 HarborDivGrw GDIV 2.0 11.51 –0.49 .6964 ArkFinInnov ARKF ... 16.81 –1.68 ... DemocracyIntlFd DMCY 2.6 22.42 –0.77 .2133
FT RBA AmerInd AIRR .1 47.89 –3.74 .0487 InvscDivAchvrs PFM 2.0 35.24 –1.47 .1828 Nasdaq7HANDL HNDL 7.6 19.55 –0.42 .1192 HarborLtGrowers WINN .1 14.60 –0.65 .0083 ArmorUSEquity ARMR 2.9 20.38 –1.19 .592 DimenCoreFxIncm DFCF 2.9 41.89 +0.36 .1587
FTRisingDivAch RDVY 2.2 43.88 –3.05 .3756 InvscESGNasdNxt QQJG .7 18.28 –1.22 .0436 NuvGlbNetZero NTZG .7 25.96 –1.11 .1698 PimcoActiveBd BOND 3.3 91.86 +0.87 .29 ArrowDJGlbYd GYLD 4.6 12.99 –0.38 .0598 DimenEmgCore DFAE 2.8 22.17 –0.89 .1603
FT RiverFrDynDev RFDI 4.9 54.28 –1.74 .5409 InvscESGNasd100 QQMG .8 19.57 –0.73 .0396 PacerBlueDig ODDS .5 17.97 –0.38 .0321 ThorLowVol THLV .6 23.89 –1.33 .153 AsianGrowthCubs CUBS .2 19.40 –0.19 .0473 DimenEMCore2 DFEM 2.6 22.81 –0.91 .1501
FT RiverFrDynEM RFEM 7.5 52.40 –1.71 1.4596 InvscElcVehicle EVMT .9 22.59 –0.84 .2122 PacerBlueStarEngg BULD .1 19.35 –0.76 .0142 ASYMmetricS&P500 ZSPY ... 22.11 –2.17 ... DimenEMHiProf DEHP 2.2 22.78 –0.95 .1816
FT RiverFrDynEur RFEU 4.8 58.17 –0.99 1.2151 InvscIntLowBeta IDLB .0 24.49 –0.53 .087 PacerCashCows HERD 2.4 32.87 –1.75 .2419 NYSE ARCA ASYMmetricSmart MORE ... 22.73 –1.24 ... DimenEMSus1 DFSE 1.4 28.62 –1.10 .1007
FT S&PIntDivArist FID 4.2 15.45 –0.48 .1979 InvscFTSEUS1500SM PRFZ 1.3 163.24 –12.92 .5024 PacerEMCashCows ECOW 7.4 18.77 –0.48 .1478 ASYMmetricSmart ASPY .9 24.96 –1.06 .2341 DimenEMValue DFEV 4.4 22.84 –0.85 .2103
FT SMID CapRising SDVY 2.2 26.75 –2.17 .2302 InvscGlblWater PIO 1.0 33.34 –1.56 .0722 PacerTrendpilot100 PTNQ .6 49.44 –1.91 .3057 AAMBahl&GynrS/M SMIG 2.0 22.66 –1.44 .0314 AvantisAllEquity AVGE 1.5 56.13 –3.20 .4124 DimenGlbRealEstate DFGR 2.4 23.86 –1.55 .145
FT S-Network ISHP .8 24.35 –2.14 .0301 InvscGoldenDragon PGJ .8 27.55 –3.30 .0826 PacerUSLCCash COWG ... 19.47 –1.02 ... AAM LowDurPfd PFLD 5.7 21.21 –0.76 .1063 AvantisCoreFixIncm AVIG 2.9 41.31 +0.42 .1287 DimenGlbSust DFSB 1.5 51.11 +0.56 .0429
FT S-NtwkFutVeh CARZ 1.4 46.45 –2.53 .2362 InvscHYBd IHYF 6.3 21.33 –0.24 .1086 PrincipalHlthInnov BTEC ... 32.25 –3.69 ... AAMS&PDevMk DMDV 5.4 21.26 –0.79 .10 AvantisCrMuniFx AVMU 1.5 45.96 +0.33 .0869 DimensInflatProt DFIP 5.5 41.69 +0.04 .2047
FT SSI Strat FCVT 3.1 31.19 –1.37 .04 InvscHYEquDivAch PEY 4.4 19.50 –1.11 .0691 PrincipalMillGr GENY 2.4 40.10 –2.89 .5725 AAMS&PEMHiDivVal EEMD 7.7 17.43 –0.39 .1037 AvantisEM AVEM 2.7 51.17 –2.10 .8747 DimenIntlCore DFAI 2.6 26.11 –0.90 .1332
FT SrLoanFd FTSL 5.3 45.33 –0.19 .285 InvscIntlBuyBkAch IPKW 3.6 34.58 –1.22 .0858 PrincipalQual PSET 1.5 49.58 –2.53 .2057 AAMS&P500HiDivV SPDV 3.9 27.72 –1.76 .0945 AvantisEMVal AVES 3.6 41.84 –1.61 1.0311 DimenIntlSus1 DFSI ... 28.87 –1.03 ...
FT SC CoreAlpha FYX .9 80.24 –7.17 .33 InvscIntlDivAch PID 3.2 17.06 –0.65 .0794 PrinUSMega USMC 1.7 37.00 –1.40 .1394 AamTransformers TRFM ... 23.79 –1.23 ... AvantisInfltn AVIE 1.6 54.36 –3.01 .2223 DimenIntlValue DFIV 3.6 32.06 –1.32 .2946
FT SC GrwAlpha FYC .0 56.39 –4.69 .0024 InvscKBWBank KBWB 3.3 47.55 –8.74 .4071 PrinUSSCMulti PSC 1.9 39.60 –3.40 .1982 AB TaxShDurMuni TAFI 2.8 24.97 +0.08 .0578 AvantisIntlEquity AVDE 2.7 55.43 –2.07 .5306 DimenNatlMuniBd DFNM 1.5 47.72 +0.26 .1143
FT SC US Equity RNSC 1.9 26.36 –2.10 .197 InvscKBWHiDvYdFn KBWD 11.7 14.47 –1.64 .1443 PrincipalValue PY 3.1 39.30 –2.23 .2928 AB UltShIncm YEAR 3.8 50.11 +0.06 .1768 AvantisIntlLCVal AVIV 2.7 47.32 –2.05 .4003 DimenShDurFix DFSD 2.0 46.58 +0.28 .1838
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FT SC ValAlpha FYT 1.3 46.11 –4.40 .2457 InvscKBWPrEquREIT KBWY 8.0 18.87 –1.98 .1366 ProcureDisaster FIXT .0 25.12 –0.77 .0173 AGF GlbInfr GLIF 2.5 24.92 –0.45 .2204 AvantisIntlSCValue AVDV 3.0 58.05 –1.96 .7604 DimenUSCore DFAU 1.4 27.29 –1.49 .1129
FT SwitzAlpha FSZ 3.3 58.45 –1.28 .0897 InvscKBWP&CIns KBWP 2.0 84.42 –5.80 .4875 ProcureSpace UFO 3.2 19.19 –1.15 .1383 AGF USMktNeut BTAL 1.0 20.38 +1.07 .2132 AvantisRealEst AVRE 2.6 40.27 –2.47 .4097 DimenUSCoreEq2 DFAC 1.5 24.49 –1.42 .1242
FT TCW Opp FIXD 3.4 44.36 +0.49 .14 InvscKBWRegBkg KBWR 2.8 51.10 –7.15 .4022 ProShEquRising EQRR 2.4 49.86 –5.25 .3704 AIPoweredEquity AIEQ .1 28.31 –2.52 .0323 AvantisRespEM AVSE 1.2 43.28 –1.80 .40 DimenUSEquity DFUS 1.5 41.97 –2.16 .1918
FT TacticalHY HYLS 7.2 39.14 –0.74 .205 InvscNasdFtGn200 QQQS .2 27.35 –2.49 .0108 ProShNasd100DW QQQA .3 30.52 –1.67 .0513 AIQualityGrowth AQGX ... 12.55 –0.51 ... AvantisRespIntl AVSD 1.3 49.04 –1.81 .3334 DimenUSHiProf DUHP 1.1 23.95 –1.06 .1125
FT USEquityDiv RNDV 2.6 27.37 –1.65 .2132 InvscNasdNext100 QQQJ .7 24.28 –1.69 .0771 ProShUltNdBio BIB ... 48.44 –6.78 ... ALPSCleanEnergy ACES 1.1 45.02 –4.05 .1547 AvantisRespUS AVSU 1.3 46.19 –2.80 .1905 DimenUSLCVal DFLV .5 24.17 –1.55 .0272
FT UK Alpha FKU 5.3 33.33 –1.25 .0719 InvscNasd100 QQQM .8 118.74 –4.56 .2704 ProShUltNasdCloud SKYU ... 11.09 –1.99 ... ALPS DisrupTech DTEC .0 35.22 –1.71 .0079 AvantisShortTrmFix AVSF 2.2 45.85 +0.15 .1353 DimenUSMktVal DFUV 1.8 32.95 –2.07 .1346
FlexShCredScoreUS SKOR 2.7 46.66 +0.15 .1157 InvscNasdBiotech IBBQ .8 19.50 –1.34 .0419 ProShUltNasdCyber UCYB ... 24.01 –3.05 ... ALPSEmgDivDogs EDOG 4.9 21.42 –0.44 .2018 AvantisUSEquity AVUS 1.6 68.28 –4.16 .322 DimenUSRealEst DFAR 1.7 20.67 –1.56 .2366
FlexShRealAsset ASET 2.8 29.29 –1.38 .1503 InvscNasdInt PNQI ... 125.91 –7.33 ... ProShUltPrQQQ TQQQ ... 20.88 –2.58 ... ALPS EqSecWgh EQL 2.2 94.94 –5.12 .7207 AvantisUSLCValue AVLV 2.0 50.08 –3.23 .2996 DimenUSSCETF DFAS 1.0 52.31 –4.19 .1778
FrankUSLowVol LVHD 3.4 35.77 –1.56 .0481 Invsc1-30LadTrea PLW 2.0 29.62 +0.79 .0535 ProShUltShQQQ SQQQ .4 41.08 +4.35 .1511 AlpsGlbTravelBen JRNY .0 22.04 –1.25 .0082 Avantis US SC AVSC 1.1 44.16 –3.80 .147 DimenUSSCValue DFSV .9 25.20 –2.28 .1048
GenerationZETF ZGEN ... 11.76 –0.78 ... InvscPHLXSemicon SOXQ 1.2 23.04 –0.85 .0669 ProShUltShNdBtech BIS ... 22.81 +2.71 ... AlpsHillmanAct HVAL 1.7 21.39 –1.16 .5293 AvantisUSSCValue AVUV 1.7 75.57 –7.10 .4186 DimenUSSus1 DFSU ... 25.34 –1.54 ...
GlbXAgingPop AGNG .4 25.32 –1.29 .0217 InvscQQQI QQQ .7 288.55 –11.13 .5186 RoyceQuantSC SQLV 1.2 35.33 –3.01 .1442 AlpsInterMuni MNBD 2.9 25.42 +0.20 .0544 AztlanGlbStk AZTD ... 19.67 –0.94 ... DimenUSTargVal DFAT 1.3 44.74 –3.89 .175
GlbXAgTech KROP .7 14.77 –1.08 .0437 InvscRAFIStDvxUS ISDX .0 28.27 –0.90 .0821 Spac&NewIssue SPCX ... 24.08 –0.12 ... ALPSIntlDivDogs IDOG 4.2 27.23 –0.71 .1628 B.A.D.ETF BAD .7 12.39 –0.66 .0842 DimenWorldexUS DFAX 3.2 22.41 –0.81 .1867
GlbXAltIncome ALTY 7.4 11.09 –0.29 .0672 InvscRAFIStratEM ISEM .0 23.26 –1.13 .0778 SPDRACWILowCarbon NZAC 1.8 26.61 –1.21 .2147 ALPSMedBreak SBIO ... 27.35 –3.09 ... BNYMellonConc BKCI .4 43.71 –1.19 .1878 DirexAuspiceBroad COM 8.5 29.78 –0.11 .8608
GlbXAI&Tech AIQ .5 21.90 –1.18 .0558 InvscRAFIStratUS IUS 1.8 36.49 –1.60 .1468 SPDRMSCIUSAClimtPA NZUS 1.3 21.51 –1.11 .0149 ALPSREITDivDogs RDOG 5.4 36.66 –3.33 .5349 BNYMellonCoreBd BKAG 2.7 42.06 +0.52 .1102 DirexBreakfstCmd BRKY 1.2 21.16 –0.23 .136
GlbXAuto&Elc DRIV 1.1 22.44 –1.75 .1391 InvscRAFIStrUSSm IUSS .0 34.57 –2.57 .1466 STF TactGrwIncm TUGN 12.8 19.16 –0.38 .1971 ALPSSectDivDogs SDOG 4.0 49.90 –3.16 .4908 BNYMellonEM BKEM 3.2 52.93 –2.27 .1194 DirexAeroBl3 DFEN .5 19.91 –2.69 .0509
GlbXBlockchain&Bit BITS .4 23.79 –3.46 .076 InvscR1000LoBeta USLB .0 36.76 –2.17 .1897 STF TactGrw TUG 1.5 22.58 –0.39 .1429 ARK Innovation ARKK ... 36.02 –4.44 ... BNYMellonHYBeta BKHY 6.9 46.08 –0.76 .2613 DirexBrazilBull2X BRZU 5.2 62.31 –1.17 2.1499
GlbXBlockchain BKCH 1.0 16.72 –3.19 .0281 InvscS&PSCCnsDisc PSCD 1.4 87.12 –5.62 .3444 SimplifyBitcoin MAXI 10.7 12.23 –1.47 .40 ARK NextGen ARKW ... 46.82 –4.69 ... BNYMellonIntl BKIE 2.9 64.39 –2.25 .1275 DirexCSIChinaInt CWEB ... 42.43 –11.16 ...
GlbXCannabis POTX 4.2 9.45 –1.20 .0718 InvscS&PSCCnsStpl PSCC 1.3 104.78 –7.44 .3399 SimplifyNasd100Pl QQC .5 21.99 –0.78 .0444 AtacCredit JOJO 4.0 14.90 –0.31 .036 BNYM RespHoriz RHCB 3.8 45.25 +0.32 .0915 DirexCSI300CnABl2 CHAU .7 20.87 –2.35 .0701
GlbXCnBiotech CHB .2 9.53 –0.50 .0199 InvscS&PSCEner PSCE 1.8 9.70 –1.26 .0681 SimplifyNasd100Dw QQD .5 20.95 –0.71 .0305 AtacUSRotation RORO 1.5 15.81 +0.60 .2455 BNYM ShDurCpBd BKSB 2.1 46.83 +0.17 .0978 DirexCloudBl2 CLDL ... 5.90 –1.00 ...
GlbXChinaInnov KEJI .3 11.96 –0.80 .0338 InvscS&PSCFinls PSCF 3.1 45.55 –4.81 .051 SimplifyUSEqu SPBC .6 21.05 –0.95 .1022 AXSAstoriaInfltn PPI 3.2 25.60 –2.04 .2011 BNYMellonSustGlbEM BKES .4 39.16 –1.19 .1427 DirexCnsDiscBl3 WANT ... 18.62 –3.55 ...
GlbXCleanWater AQWA 1.5 14.03 –0.58 .1368 InvscS&PSCHlthCr PSCH ... 127.02 –10.97 ... SirenNasdNexGen BLCN 1.3 19.64 –1.63 .0272 AXSBrWdTopGun TGN .3 27.87 –0.94 .0801 BNYMellonSustIntl BKIS .8 41.84 –0.74 .3523 DirexDJBear3X WEBS .3 27.60 +5.03 .062
GlbXCleanTech CTEC .2 15.54 –0.74 .026 InvscS&PSCIndls PSCI .8 94.60 –6.65 .2786 SoFiBeYourOwn BYOB ... 14.42 –1.42 ... AXS Cannabis THCX 1.2 2.18 –0.28 .0267 BNYMellonSustUSEq BKUS .9 39.14 –1.94 .3352 DirexDJBull3X WEBL ... 6.48 –1.53 ...
GlbXCloudComp CLOU ... 16.39 –1.36 ... InvscS&PSCInfTech PSCT ... 125.43 –7.66 ... SoFiWeb3 TWEB 2.0 13.65 –1.43 .2688 AXSChgFinESG CHGX 1.1 27.17 –1.37 .2997 BNYM LC Core BKLC 1.6 70.97 –3.11 .2993 DirexElc&Auto EVAV ... 5.72 –2.05 ...
GlbXConsciousCos KRMA .9 27.86 –1.34 .1232 InvscS&PSCMatls PSCM .9 66.53 –6.79 .1795 SpearAlpha SPRX ... 13.18 –1.19 ... AXSFstPriorityCLO AAA 5.1 24.58 +0.02 .1127 BNYM US MC Core BKMC 1.6 78.44 –5.93 .2762 DirexEMBear3x EDZ ... 14.18 +1.77 ...
GlbX Cybersec BUG ... 21.68 –1.74 ... InvscS&PSCUtil PSCU 1.7 54.10 –3.32 .2618 SprottEner SETM ... 16.77 –2.04 ... AXS GreenAlpha NXTE .1 30.20 –2.19 .0384 BNYM US SC Core BKSE 1.5 79.12 –6.74 .234 DirexEM Bull3 EDC ... 28.26 –4.09 ...
GlbXDAXGermany DAX 2.6 28.11 –0.61 .1106 InvscVarRateInvt VRIG 3.1 24.97 ... .11 SprottJrCopper COPJ ... 17.72 –2.19 ... abrdnBbgACLgStrK1 BCD 5.5 32.89 –1.02 1.801 BNYMellonUltraSh BKUI 2.3 49.03 +0.09 .1523 DirexEnergyBr2 ERY ... 32.21 +3.37 ...
GlbXDataCtr VPN 1.7 12.33 –0.72 .2483 InvscWaterRscs PHO .5 51.14 –2.62 .1325 SprottJrUranium URNJ ... 15.44 –2.33 ... abrdnBbgAllCmdK1 BCI 21.5 20.50 –0.78 4.4075 BTDCapitalFund DIP 1.2 24.27 –1.71 .0713 DirexEnergyBl2 ERX 2.6 57.92 –6.91 .3298
GlbXDisrMatls DMAT 2.1 18.92 –1.85 .1473 iShAsia50ETF AIA 2.1 57.23 –3.60 .95 SprottLithium LITP ... 16.34 –2.09 ... abrdnBbgIndMtl BCIM .8 23.47 –0.91 .1774 BallastSmMid MGMT .9 32.56 –2.51 .2859 DirexChinaBr3 YANG ... 12.10 +2.47 ...
GlbXecomm EBIZ .1 16.91 –1.37 .0155 iShBiotech IBB .3 121.97 –8.55 .1014 StrategyHaltClim NZRO .4 20.02 –0.59 .0775 abrdnPhysGold SGOL ... 17.91 +0.14 ... iPathBCarbon GRN ... 38.89 +3.14 ... DirexChinaBl3 YINN 1.4 38.74 –10.75 .4561
GlbXEdu EDUT 1.4 20.98 –1.98 .2459 iShBrdUSDInvCpBd USIG 3.3 49.74 +0.30 .1542 StrategyNasd5HANDL FIVR 5.3 20.51 –0.33 .0881 abrdnPhysPall PALL ... 127.90 –7.09 ... Barron's400ETF BFOR 1.7 53.97 –4.32 .8944 DirexFTSEEurBl3x EURL 1.6 19.46 –2.35 .0817
GlbX EM Internet EWEB .4 21.07 –1.85 .0832 iShCoreMSCITotInt IXUS 2.4 59.62 –2.19 .49 Strive1000DivGrw STXD ... 24.79 –1.02 ... abrdnPhysPlat PPLT ... 88.80 –1.54 ... BitwiseCrypto BITQ ... 4.33 –0.75 ... DirexFinlBear3 FAZ .0 21.54 +4.82 .0009
GlbXFinTech FINX .3 19.72 –1.70 .0011 iShCore1-5YUSDBd ISTB 2.2 46.55 +0.24 .1018 Strive1000Grw STXG .6 25.96 –1.18 .0393 abrdnPhysPrecMt GLTR ... 84.32 –0.63 ... BitwiseWeb3 BWEB ... 25.02 –2.40 ... DirexFinlBull3 FAS 1.1 62.94 –20.17 .3259
GlbXGen&Biotech GNOM ... 11.79 –1.42 ... iShCoreS&PUSGrw IUSG 1.1 82.78 –3.42 .0308 Strive1000Val STXV ... 24.16 –1.49 ... abrdnPhysSilver SIVR ... 19.71 –0.70 ... BlkRkFutClimt BECO .6 20.97 –0.91 .0292 DirexGlbCleanBl2 KLNE .2 14.55 –0.97 .0324
GlbX GreenBldg GRNR 2.8 20.61 –1.05 .4151 iShCoreS&PUSValue IUSV 2.2 70.75 –4.12 .4318 StriveSC STXK ... 24.79 –2.14 ... AbsoluteSelVal ABEQ 1.2 27.11 –0.97 .2206 BlkRkFutFin BPAY .2 19.41 –2.13 .0359 DirexGoldMinBr2 DUST ... 15.79 +1.39 ...
GlbX Health BFIT .9 21.91 –1.04 .1164 iShCoreTotalUSDBd IUSB 2.7 45.40 +0.40 .1225 USTrea6MonthBill XBIL ... 50.07 ... ... AcquirersFund ZIG 1.2 26.75 –1.83 .3252 BlkRkFutureHlth BMED ... 22.13 –0.77 ... DirexGoldMinBl2 NUGT .8 30.09 –3.23 .2396
GlbXHydrogen HYDR ... 11.30 –0.97 ... iShCurrMSCIGermany HEWG 2.9 30.18 –0.72 .063 USTrea10YN UTEN 4.0 45.95 +1.02 .1385 AdaptivSelect ADPV .3 23.80 –1.84 .063 BlkRkFutInnov BFTR ... 25.72 –2.22 ... DirexHlthcrBull3 CURE .5 85.05 –10.83 .1441
GlbXInternetThings SNSR .8 31.54 –1.65 .1787 iShESGAdvHYCorpBd HYXF 5.5 43.11 –0.77 .2111 USTrea3mBill TBIL 2.5 49.91 +0.04 .1883 AdaptiveAlphaOpps AGOX .2 20.80 –1.25 .0415 BlkRkFutureTech BTEK ... 18.51 –1.07 ... DirexHmbldrBull3 NAIL ... 37.98 –4.14 ...
GlbXMSCISuperDiv EFAS 7.3 13.66 –0.51 .0725 iShESGAdvMSCI DMXF 2.3 56.77 –1.89 .3127 USTrea12mBill OBIL 3.9 50.08 +0.09 .1905 AdaptiveHiIncm AHHX .0 8.40 –0.18 .075 BlkRkFutureUSThem BTHM .9 21.55 –1.07 .0639 DirexIndlsBl3 DUSL .7 31.61 –4.83 .1114
GlbXMetaverse VR 2.2 20.40 –1.09 .0618 iShESGAdvMSCIEM EMXF 2.4 33.72 –1.51 .6127 USTrea2YN UTWO 3.8 48.62 +0.29 .1586 AdasinaSocJust JSTC .8 15.10 –0.87 .1031 BlkRkIntermMuni INMU 2.3 23.33 +0.14 .0646 DirexJrGoldMinBr2 JDST ... 8.99 +1.02 ...
GlbXMillCnsmr MILN .2 27.96 –1.45 .0624 iShESGAdvUSA USXF 1.4 31.10 –1.64 .1245 ValkyrieBitcoin WGMI ... 6.41 –1.13 ... AdvShAlphaDNA SENT ... 22.82 –1.24 ... BlkRkUSCarbon LCTU 1.6 42.74 –2.19 .1906 DirexJrGoldMnBl2 JNUG ... 29.70 –4.37 ...
GlbXNasd100Col QCLR .3 21.83 –0.61 .0368 iShESGAwareMSCI ESGD 2.5 68.94 –2.23 .3084 ValkyrieBitcoin BTF ... 7.84 –0.91 ... AdvShDroneTech UAV ... 21.32 –1.44 ... BlkRkUSEqRotat DYNF 1.6 30.25 –1.53 .1205 DirexIndiaBull2 INDL .1 40.03 –1.70 .0417
GlbXNasd100Cv QYLD 13.0 16.26 –0.38 .1673 iShESGAwareEM ESGE 2.7 30.10 –1.32 .5311 VanEckBiotech BBH .5 151.32 –10.10 .7488 AdvShFocusedEqu CWS .5 48.71 –1.94 .2399 BlkRkWxUSCarbon LCTD 3.4 40.10 –1.41 .5908 DirexMexicoBl3 MEXX .9 122.08 –22.38 .7527
GlbXNasd100RiskMgd QRMI 11.2 17.61 –0.26 .1801 iShESGAwareUSA ESGU 1.6 85.41 –4.26 .3504 VanEckDigMin DAM ... 8.04 –1.48 ... AdvShGerber GK 1.2 16.05 –0.96 .1952 BlueHorizBNE BNE .3 24.34 –1.69 .0637 DirexMetalBull2X MNM .8 32.47 –8.99 .1218
GlbXNasd100Tail QTR .3 19.10 –0.73 .0356 iShESG1-5YCpBd SUSB 1.9 23.79 +0.07 .0504 VanEckDigTrans DAPP ... 3.42 –0.67 ... AdvShHotel BEDZ .2 24.36 –1.44 .0482 BlueStarIsrael ITEQ ... 44.44 –2.67 ... DirexMcBull3 MIDU .1 35.13 –9.42 .0384
GlXNasd100CCGrw QYLG 6.3 23.37 –0.72 .1224 iShESGUSDCorpBd SUSC 3.1 22.58 +0.12 .0693 VanEckGaming BJK .4 42.04 –2.29 .1683 AdvShInsiderAdv SURE 1.2 89.43 –6.34 1.4759 BondBBUSDHYCpBd XBB 6.3 38.30 –0.56 .191 DirexNYSEFANG+Bull FNGG ... 37.44 –3.91 ...
GlbXNasdaq100ESGCC QYLE ... 24.49 –0.52 ... iShESGEMLdrs LDEM 1.6 43.36 –1.89 1.6938 VanEckGlFallAnglHY ANGL 4.8 27.22 –0.31 .1017 AdvShLetBob LETB .6 22.77 +0.02 .144 BondBUSDHYCpBd XB 8.4 37.98 –0.61 .2412 DirexOilSvsBl2 ONG .1 33.62 –9.10 .0289
GlbXRenewEner RNRG 1.2 12.04 –0.37 .0615 iShESGIUSALdrs SUSL 1.6 66.73 –3.43 .2692 VanEckGreenInfr RNEW .2 24.80 –1.67 .06 AdvShMSOS2xDly MSOX ... 4.92 –0.70 ... BondBbg5yUS XFIV 3.8 49.03 +0.77 .1374 DirexPharmBl3X PILL .8 7.81 –2.21 .0317
GlbX Robotics&AI BOTZ .2 23.29 –1.12 .0466 iShESGMSCIUSAMin ESMV 1.7 21.96 –0.81 .1013 VanEckPharm PPH 1.6 73.75 –2.71 .24 AdvShMgdBitcoin CRYP ... 12.80 –1.17 ... BondBbg1yUS XONE 4.1 49.72 +0.13 .1594 DirexRealEstBr3 DRV .4 56.02 +10.05 .2056
GlbXS&PCathDvxUS CEFA 2.3 26.85 –0.84 .2224 iShEmergFood IVEG 1.5 20.31 –1.27 .146 VanEckRetail RTH 1.2 153.70 –6.30 1.8448 AdvShNewfleet MINC 2.5 44.94 +0.31 .1181 BondBbg7yUS XSVN 3.7 48.81 +1.36 .1337 DirexRealEstBl3 DRN 3.0 8.73 –2.14 .0144
GlbXS&P500Catholic CATH 1.3 47.10 –2.34 .3642 iShS&P EM Infra EMIF 3.1 20.85 –0.65 .3347 VanEckSemicon SMH ... 237.72 –7.24 ... AdvPoseidonDynCan PSDN ... 1.41 –0.11 ... BondBbg6mUS XHLF 3.5 50.12 +0.05 .1427 DirexRegBksBl3x DPST 2.6 13.34 –10.04 .0475
GlbXSocialMedia SOCL .4 33.32 –2.60 .122 iShEnvlInfr EFRA .1 26.46 –1.28 .0362 VanEckVideoGam ESPO .8 47.10 –1.61 .3917 AdvShPsychedelics PSIL 3.0 1.81 –0.21 .0542 BondBbg10yUS XTEN 3.8 48.86 +1.33 .1341 DirexRetailBull3 RETL .7 7.31 –1.52 .0178
GlbXSolar RAYS ... 20.93 –0.49 ... iShEnvAwRlEst ERET .7 24.13 –1.20 .1578 VangdEM GovBd VWOB 5.3 61.23 –0.06 .2833 AdvShPureCannab YOLO .6 3.13 –0.32 .0013 BondBbg3yUS XTRE 4.3 49.10 +0.45 .1695 DirexRobAI2X UBOT ... 15.09 –1.65 ...
GlbXSuperDivREIT SRET 8.3 21.48 –1.41 .14 iShExponentialTech XT .8 48.97 –3.38 .1513 VangdGlblxUS RE VNQI .6 40.22 –1.82 .2353 AdvShPureUSCan MSOS ... 6.46 –0.47 ... BondBbg20yUS XTWY 3.7 48.62 +1.79 .1321 DirexS&P500Br3 SPXS ... 21.67 +2.77 ...
GlbXTelemed EDOC ... 11.04 –1.11 ... iShFallAngelsUSDBd FALN 5.2 24.75 –0.28 .1106 VangdIntrCorpBd VCIT 3.1 78.26 +0.42 .2131 AdvShQDynGrw QPX ... 22.80 –0.88 ... BondBbg2yUS XTWO 4.1 49.28 +0.30 .1635 DirexS&P500Bl3 SPXL .3 61.59 –9.42 .1236
GlbX ThemGrwth GXTG 1.4 23.72 –1.84 .3016 iSh5-10YIGCorpBd IGIB 3.2 50.05 +0.27 .1542 VangdIntermTrea VGIT 1.9 58.89 +0.91 .1153 AdvShRangerEqBear HDGE ... 26.32 +2.56 ... BondCCCUSDHYCpBd XCCC 12.5 37.22 –0.76 .3491 DirexS&P500Bull2X SPUU .9 70.79 –7.14 .6243
GlbXVideoGames HERO .3 18.82 –0.94 .0053 iShGNMABond GNMA 2.4 43.80 +0.36 .1215 VangdIntlDivApp VIGI 2.0 70.11 –2.56 .443 AdvShRestaurant EATZ 2.2 19.18 –1.04 .429 BondUSDHYBdCns XHYC 6.7 35.02 –0.51 .1828 DirexS&PBiotechBr3 LABD .4 21.62 +5.33 .0918
GlbXWindEnergy WNDY .7 17.14 –0.49 .0785 iShGSCICmDynRoll COMT 31.0 27.05 –0.87 8.3979 VangdIntlHiDiv VYMI 4.6 61.31 –2.17 .6675 AdvShStrGlbBW VEGA .2 34.94 –0.62 .6465 BondUSDHYBdCnsNn XHYD 5.9 35.73 –0.48 .1647 DirexS&PBiotechBl3 LABU ... 4.95 –1.77 ...
Granite1.5xLgCoin CONL ... 7.45 –2.54 ... iShGlbCleanEner ICLN .9 19.17 –0.61 .0364 VangdLTCorpBd VCLT 4.4 77.81 +0.75 .2817 AdvShSageCore HOLD 1.9 97.29 ... .2868 BondUSDHYBdEner XHYE 6.6 36.81 –0.51 .2182 DirexS&P500Br1 SPDN 1.0 16.53 +0.76 .1327
GrShr1.5xLgMetaDly FBL ... 47.15 –1.96 ... iShGlbInfr IGF 2.6 46.18 –1.31 .5179 VangdLongTrea VGLT 2.8 64.90 +2.23 .1511 AdvShViceETF VICE .9 27.35 –1.32 .2558 BondUSDHYBdFin XHYF 6.6 35.13 –0.65 .2409 DirexS&P500EWBl2 EVEN 1.1 18.45 –2.56 .1284
GrShr1.5xLgNVDADly NVDL ... 35.55 –2.29 ... iShGlbTimber WOOD 2.3 71.83 –3.56 .1009 VangdMBS VMBS 2.6 45.89 +0.39 .1176 AdvocateRising RRH .2 25.28 –3.16 6.0211 BondUSDHYBdHlthcr XHYH 8.2 32.73 –0.74 .2199 DirexHiBetaBear3X HIBS .0 5.80 +1.20 .0027
 March 13, 2023 BARRON’S 53

D ATA EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA

Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
DirexHiBetaBull3X HIBL ... 27.55 –7.78 ... FT ConsStaples FXG 1.9 59.77 –2.03 .5443 GlbXIntRt IRVH 4.8 21.88 +0.43 .0356 IndiaInternet INQQ ... 10.13 –0.30 ... InvscS&P600PrVal RZV 1.4 91.98 –9.54 .3358 iShMSCIAustralia EWA 5.3 22.25 –1.23 .4302
DirexS&POil&GasBr2 DRIP ... 15.35 +2.65 ... FT DJ GlbSelDiv FGD 5.7 22.25 –0.93 .3862 GlbXLithium LIT 1.0 60.61 –4.77 .5166 IndSelSectorSPDR XLI 1.6 99.00 –4.67 .4656 InvscS&PSC600Mult QVMS 1.6 22.12 –1.59 .0845 iShMSCIAustria EWO 4.3 20.90 –0.82 .4085
DirexS&POilBl2 GUSH .5 125.28 –27.07 .5792 FT DJ Internet FDN ... 131.57 –9.46 ... GlbX MLP&Energy MLPX 5.5 39.65 –1.89 .55 InfraCapEquity ICAP 8.7 24.20 –2.30 .18 InvscS&P600Rev RWJ 1.0 112.31 –10.80 .374 iShMSCIBIC BKF 2.1 33.29 –1.78 .3934
DirexSemiBr3x SOXS .3 22.52 +2.05 .0741 FT Dow30EW EDOW 1.9 28.31 –1.24 .1442 GlbX MLP MLPA 7.3 42.01 –0.70 .77 InfraCapMLP AMZA 8.3 32.36 –1.07 .24 InvscS&PSCValMom XSVM 1.8 46.56 –4.54 .2184 iShMSCIBelgium EWK 2.6 17.95 –0.86 .4631
DirexSemiBl3 SOXL .7 14.05 –1.63 .0379 FT EIP Carbon ECLN 1.7 24.26 –0.92 .1858 GlbXMSCIArgentina ARGT 2.2 37.25 –2.36 .3855 InfraCapREITPfd PFFR 8.3 17.33 –0.77 .12 InvscS&PSpin-Off CSD .8 55.52 –3.50 .45 iShMSCIBrazil EWZ 13.0 27.02 –0.23 2.0217
Direx7-10TreaBr3 TYO .1 12.85 –0.95 .0119 FT EnergyAlpDx FXN 2.5 15.74 –1.33 .1252 GlbXMSCIChinaCm CHIC 1.4 15.07 –1.34 .0284 InnovBuffStep BSTP ... 24.20 –0.82 ... InvscS&PUltDiv RDIV 3.6 41.46 –3.48 .4287 iShMSCICda EWC 2.3 32.87 –1.97 .4915
Direx7-10TreaBull TYD .5 30.73 +1.91 .1637 FT EqCompRiskMgr ERM 1.6 21.90 –0.64 .1374 GlXMSCIChinaCnDisc CHIQ .4 18.89 –2.20 .0164 InnovEMPwrApr EAPR ... 23.79 –0.35 ... InvscSrLoan BKLN 5.5 20.91 –0.17 .1311 iShMSCIChinaSC ECNS 3.6 34.58 –2.98 .6571
DirexScBear3 TZA ... 33.61 +7.25 ... FT DJ SelMicro FDM 1.8 55.04 –5.12 .34 GlbXMSCIChCS CHIS 1.0 22.21 –0.91 .1029 InnovEMPwrJan EJAN ... 27.28 –0.80 ... InvscSolar TAN ... 75.06 –3.14 ... iShMSCI EAFE EFA 2.6 68.65 –2.23 .2684
DirexSCBull3 TNA .3 31.23 –9.26 .099 FT ExpTech XPND .3 16.96 –0.67 .0264 GlbXMSCICnEner CHIE 3.8 15.22 –0.47 .4671 InnovEMPwrJul EJUL ... 22.89 –0.51 ... InvscTaxMuniBd BAB 3.3 26.75 +0.50 .0789 iSh MSCI EM EEM 2.5 37.84 –1.70 .5843
DirexSoftBull2X SWAR ... 9.37 –1.22 ... FT FinlsAlpDx FXO 2.6 38.73 –5.76 .3697 GlbXMSCICnFinl CHIX 6.1 11.79 –0.64 .6777 InnovEMPwrOct EOCT ... 22.44 –0.65 ... InvscTotalRetBd GTO 3.7 47.18 +0.23 .1515 iSh MSCI EM SC EEMS .9 49.72 –1.38 .3974
DirexKRBull3 KORU ... 7.58 –1.18 ... FT GlbWindEner FAN 1.5 17.27 –0.38 .044 GlbXMSCIChinaHC CHIH .4 16.09 –1.19 .0456 InnovEqMgdFloor SFLR .1 23.07 –0.77 .0131 InvscTreaCollat CLTL 2.0 105.52 +0.12 .3165 iShMSCIFrance EWQ 3.0 36.11 –1.20 .1231
DirexTIPSBear2X TIPD 1.0 27.07 –0.01 .2026 FT HlthCareAlpha FXH .2 102.85 –6.59 .1214 GlbXMSCICnIndls CHII 3.1 12.99 –0.39 .3051 InnovGradTact IGTR .4 21.22 –1.74 .0748 InvscUltShDur GSY 2.2 49.67 +0.07 .1411 iShMSCIFrontier FM 2.7 25.11 –0.01 .0796
DirexTIPSBull2X TIPL 4.2 19.87 ... .1497 FT HorizMgVolDev HDMV 3.5 27.54 –0.43 .1327 GlbXMSCIChinaIT CHIK .7 17.24 –0.87 .0537 InnovIBDBreakout BOUT 1.3 30.26 –0.97 .3982 InvscVrdoTaxFr PVI .9 24.97 +0.01 .0418 iShMSCIGermany EWG 2.9 27.30 –0.64 .0086
DirexTechBear3 TECS ... 30.31 +2.67 ... FT HorizMgVolDom HUSV 1.8 31.15 –1.03 .1599 GlbXMSCICnMatls CHIM 2.8 18.45 –1.08 .1953 InnovatorIBD50 FFTY 2.7 22.38 –1.43 .6003 InvscVarRtPfd VRP 5.6 22.17 –1.14 .1106 iShMSCIGloblEnProd FILL 5.0 23.27 –1.19 .7804
DirexTechBull3 TECL .2 27.31 –2.82 .0492 FT HorizMgVolSM HSMV 1.3 30.37 –2.07 .171 GlbXMSCICnRlEst CHIR 5.4 20.41 –2.22 .8915 InnovIntDevPwApr IAPR ... 24.39 –0.08 ... InvscWildClnEngy PBW 4.1 39.44 –4.27 .6261 iShMSCIHongKong EWH 3.0 20.05 –1.05 .2806
DirexTransportBl3 TPOR ... 24.01 –4.40 ... FT IndlsAlpDx FXR .9 54.48 –3.66 .1409 GlbXMSCICnUtil CHIU 2.5 14.41 –0.59 .4751 InnovIntDevPwJan IJAN ... 27.54 –0.64 ... InvscZacksMC CZA 1.8 86.18 –6.88 1.5194 iShMSCIIndonesia EIDO 2.6 22.11 –0.50 .2318
DirexTravelBull2X OOTO ... 12.22 –2.07 ... FT IndxxAero MISL .3 22.09 –1.04 .0169 GlbXMSCIColombia GXG 13.1 19.06 –0.46 1.0104 InnovIntDevPwJul IJUL ... 24.57 –0.56 ... InvscZacksMltIncm CVY 5.1 21.37 –1.58 .4317 iShMSCIIntlMom IMTM 2.6 31.45 –0.81 .3531
Direx20+TreaBr3 TMV ... 111.23 –13.12 ... FTInnovLdrs ILDR ... 14.88 –0.91 ... GlbX MSCIGreece GREK 2.5 30.07 –2.44 .6901 InnovIntDevPwOct IOCT ... 24.70 –0.29 ... IonicInfltn CPII 3.0 19.61 –0.50 .0682 iShMSCIIntlQual IQLT 3.0 33.44 –1.22 .3035
Direx20+YrTrBull TMF 1.4 8.84 +0.87 .0471 FTInstPfdSecs FPEI 5.3 17.71 –0.65 .0824 GlbXMSCINextEm EMFM 2.5 18.34 –0.27 .1936 InnovLoupFrontier LOUP ... 32.94 –2.08 ... iPathBloomCocoaTR NIB ... 29.13 –0.72 ... iShMSCIIntlSize ISZE 2.6 24.89 –0.82 .1512
DirexUtilBl3X UTSL 1.6 24.82 –2.29 .0152 FT LtdDurIG FSIG 2.9 18.66 +0.07 .06 GlbXMSCINigeria NGE 7.3 8.17 –0.40 .5965 InnovPwrBuffStep PSTP ... 24.98 –0.66 ... iPathBloomCommTR DJP ... 31.15 –1.31 ... iShMSCIIntlValue IVLU 3.4 24.49 –0.82 .2983
DirexHydrogen HJEN 1.2 14.55 –0.94 .0206 FT LgDurOpps LGOV 2.1 22.49 +0.57 .055 GlbXMSCINorway NORW 2.0 24.50 –1.47 .471 InspireCorpBd IBD 2.0 22.91 –0.06 .0547 iPathBloomLeadTR LD ... 45.25 –1.17 ... iShMSCIIreland EIRL 1.0 52.89 –1.17 .5181
DirexMoonInnov MOON ... 11.19 –1.37 ... FT Long/Short FTLS .8 48.86 –1.20 .33 GlbXMSCIPakistan PAK 10.4 13.22 –0.21 .7343 InspireFaithMC GLRY 1.0 23.51 –1.49 .0541 iPathGSCI nts GSP ... 20.34 –0.88 ... iShMSCIIsrael EIS 1.7 54.43 –0.60 .3309
DirexmRNA MSGR ... 13.23 –1.52 ... FT MgdFutures FMF .4 47.20 –0.49 .1915 GlbXMSCIPortugal PGAL 3.2 10.37 –0.28 .0609 InspireFidMulti FDLS .6 25.07 –1.70 .0567 iPathPBBroadCmod BCM ... 44.15 –1.14 ... iShMSCIItaly EWI 4.2 29.64 –1.17 .4159
DirexWorkFrHome WFH .4 41.87 –3.87 .089 FT MatAlpDX FXZ 1.5 64.70 –7.24 .2566 GlbXSuperDivEM SDEM 8.1 23.79 –1.07 .15 InspireGlbHope BLES 1.6 31.72 –1.86 .0534 iPathPBCrudeOil OIL ... 29.18 –1.08 ... iShMSCIJapan EWJ 1.2 56.78 –0.60 .1243
DistillateIntlFund DSTX 3.5 21.31 –0.68 .249 FT MergerArb MARB 1.0 19.98 –0.09 .20 GlbXMSCIVietnam VNAM 1.0 15.06 +0.37 .1162 InspireIntl WWJD 2.0 26.71 –1.10 .0231 iPathBlmAgricult JJA ... 25.00 –0.54 ... iShMSCIJapanSC SCJ 1.1 66.89 +0.05 .7647
DistillateS/MCash DSMC ... 28.22 –1.96 ... FT MngstrDiv FDL 3.7 35.03 –1.90 .3891 GlbXRuss2000Cvr RYLG 5.2 24.37 –2.00 .1331 Inspire100 BIBL 1.0 30.07 –2.23 .0567 iPathBlmAlum JJU ... 48.04 –1.88 ... iShMSCIKLD400Soc DSI 1.4 72.93 –3.82 .2968
DistillUSFundSt DSTL 1.3 41.29 –1.91 .1941 FT Multi-MgrLG MMLG ... 17.42 –1.10 ... GlbXRuss2000Cvr RYLD 13.2 18.05 –1.31 .1958 InspireS/MC ISMD 1.3 30.57 –2.57 .0239 iPathBlmCoffee JO ... 51.00 –0.25 ... iShMSCIKokusai TOK 3.5 82.90 –3.68 .7857
DoubleLineOpp DBND 3.6 46.15 +0.55 .118 FT MultMgrSC MMSC ... 14.47 –1.16 ... GlbXS&P500Coll XCLR 1.0 23.72 –1.07 .1498 InspireTactBal RISN 1.3 22.38 –0.79 .231 iPathBlmCopper JJC ... 20.34 –0.35 ... iShMSCIMalaysia EWM 3.2 21.37 –0.63 .219
DoubleLineShill CAPE 1.0 21.49 –1.35 .0748 FT MultiAlt LALT ... 19.91 –0.08 ... GlXS&P500CCGrw XYLG 6.3 25.26 –1.06 .1327 InvscActvUSRlEst PSR 3.0 85.01 –6.39 .629 iPathBlmCotton BAL ... 55.81 –4.12 ... iShMSCIMexico EWW 2.8 56.98 –3.33 1.0445
DynShVolFut WEIX ... 18.74 –1.85 ... FT NaturalGas FCG 3.3 22.52 –2.03 .259 GlbXS&P500Cv XYLD 13.1 39.29 –1.40 .4081 InvscAero&Def PPA .8 79.15 –3.10 .075 iPathBlmEnergy JJE ... 46.08 –3.65 ... iShMSCINetherlands EWN 1.9 39.77 –2.01 .2465
EABridgewayBlueChp BBLU ... 8.24 –0.36 ... FT NY Muni FMNY 2.6 26.56 +0.19 .07 GlbXS&P500ESGCC XYLE ... 24.16 –0.84 ... InvscCA AMT-Fr PWZ 2.5 24.49 +0.33 .057 iPathBlmGrains JJG ... 72.88 –1.65 ... iShMSCIPacxJpn EPP 4.4 42.40 –2.04 .7088
EmgqEM Internet EMQQ ... 29.50 –2.37 ... FT NA Energy Infra EMLP 3.2 26.20 –0.96 .2094 GlbXS&P500QualDiv QDIV 3.2 30.56 –1.62 .085 InvscCEFIncmComp PCEF 9.0 18.29 –0.67 .1494 iPathBlmIndMet JJM ... 60.76 –2.31 ... iShMSCIPeru EPU 5.5 29.15 –1.15 .5066
ETCGavekalAP AGOV 2.3 76.15 +1.47 1.7409 FT NyseArcaBio FBT ... 147.92 –10.12 ... GlbXS&P500Risk XRMI 13.0 20.28 –0.48 .2084 InvscChinaTech CQQQ .1 42.47 –3.93 .0331 iPathBlmLivestk COW ... 39.72 +0.33 ... iShMSCIPhilippines EPHE 1.7 26.34 –0.69 .1236
ETC6MeridHdg SIXH 2.3 31.28 –0.60 .0522 FT PfdSecs FPE 5.8 16.90 –0.76 .091 GlbXS&P500Tail XTR 1.1 22.59 –1.07 .1486 InvscCurrShAUD FXA .2 65.02 –1.94 .0339 iPathBBloomNatGas GAZ ... 12.70 –2.87 ... iShMSCIPoland EPOL 2.6 15.46 –0.44 .2684
ETC6MeridLowBeta SIXL 1.6 31.58 –1.61 .0543 FT S-NetStream BNGE .5 19.03 –0.97 .0998 GlbXSilverMiners SIL .5 25.98 –1.80 .0632 InvscCurrShGBP FXB .8 115.58 –0.19 .2025 iPathBlmNickel JJN ... 30.30 –2.33 ... iShMSCISaudiArabia KSA 1.9 37.40 +0.06 .40
ETC6MeridMega SIXA 2.5 32.17 –1.29 .0576 FT StoxxEurSel FDD 5.8 11.85 –0.64 .0451 GlbX SuperDiv SDIV 14.4 23.07 –1.47 .255 InvscCurrShCAD FXC .7 70.78 –1.15 .1073 iPathBlmPlatinum PGM ... 46.01 –1.03 ... iShMSCISingapore EWS 2.6 18.57 –0.53 .2051
ETC6MeridQulGrw SXQG .1 20.86 –0.48 .0101 FT ShDurMgMun FSMB 1.6 19.74 +0.06 .036 GlbXSuperDivUS DIV 7.3 17.21 –1.15 .098 InvscCurrShEuro FXE .2 98.16 +0.06 .0686 iPathBlmPrecMet JJP ... 62.34 –0.19 ... iShMSCISouthAfrica EZA 4.1 40.55 –1.63 .6573
ETC6MeridSC SIXS 1.6 42.32 –3.15 .06 FTSkyBridgeCrypto CRPT .0 3.76 –0.71 .001 GlbXSuperIncPfd SPFF 7.0 9.63 –0.51 .055 InvscCurrShJPY FXY ... 69.10 +0.50 ... iPathBlmSofts JJS ... 63.97 –0.87 ... iShMSCISthKorea EWY 1.2 57.77 –2.83 .6974
ETFBGreenSRI RITA 2.4 18.18 –1.17 .1431 FT S&P REIT FRI 2.5 23.72 –1.87 .2402 GlbX US Pfd PFFD 6.4 19.88 –0.84 .105 InvscCurrShCHF FXF ... 96.69 +1.49 ... iPathBlmSugar SGG ... 72.07 +0.77 ... iShMSCISpain EWP 2.8 26.95 –0.87 .3707
ETFMGAltHarvest MJ 4.7 3.71 –0.40 .0656 FT TCW EM Debt EFIX 5.2 15.46 +0.08 .08 GlbX Uranium URA .8 19.63 –2.04 .0492 InvscDBComm DBC .6 23.67 –0.79 .1447 iPathBlmTin JJT ... 71.71 –5.86 ... iShMSCISweden EWD 3.6 33.51 –2.54 .1979
ETFMGBreakSeaDecar BSEA 2.7 21.22 –1.58 .5184 FT TCW SecPlus DEED 3.0 21.38 +0.31 .09 GlbXVarPfd PFFV 6.4 23.10 –1.11 .125 InvscDBAgriFd DBA .5 20.03 –0.29 .0964 iShAAA-ACpBd QLTA 2.9 46.87 +0.31 .126 iShMSCISwitz EWL 2.0 42.85 –1.30 .8573
ETFMG PrimeCyber HACK .2 44.44 –2.79 .059 FT TCWUnPlBd UCON 3.6 24.00 +0.02 .09 GodBlessAmer YALL .2 22.42 –1.62 .0418 InvscDBBaseMet DBB .9 19.72 –0.62 .1837 iShA/PDividend DVYA 7.2 34.01 –1.11 .4657 iShMSCITaiwan EWT 5.4 43.49 –1.36 7.5576
ETFMGPrmJrSilv SILJ .1 9.43 –0.76 .0057 FT TechAlphaDEX FXL .3 97.99 –6.11 .0766 GS AccessHYCpBd GHYB 5.8 41.87 –0.77 .1959 InvscDBEnerFd DBE .8 21.13 –1.11 .1707 iShBBBRatedCpBd LQDB 3.3 83.41 +0.38 .2337 iShMSCIThailand THD 2.5 71.24 –1.30 .585
ETFMG PrimeMob IPAY ... 40.50 –2.94 ... FT USEquityOpp FPX 1.1 80.03 –5.77 .5006 GSAccessIGCpBd GIGB 3.2 44.77 +0.23 .1145 InvscDBOilFund DBO .7 14.73 –0.52 .1002 iShBBCpBd HYBB 5.6 43.95 –0.58 .2336 iShMSCIUSAESGSel SUSA 1.5 83.02 –4.40 .3652
ETFMG Pr2DlSlv SILX ... 2.01 –0.37 ... FT UltShDurMuni FUMB 1.3 19.97 +0.03 .034 GS IGCorp1-5YBd GSIG 2.4 45.79 +0.12 .0938 InvscDBPrecMetls DBP .5 47.43 +0.04 .2176 iShAgencyBond AGZ 1.9 107.17 +0.96 .2574 iShMSCIUSAEW EUSA 1.7 72.83 –5.00 .2828
ETFMGSitUltra VALT 2.4 48.43 +0.13 .1332 FT UtilAlpha FXU 2.2 31.27 –1.04 .2757 GSTreasury0-1Y GBIL 2.0 99.80 +0.09 .2866 InvscDBUSDBear UDN .7 18.36 –0.03 .1275 iShCMBSETF CMBS 2.7 46.39 +0.49 .109 iShMSCIUSASize SIZE 1.6 113.36 –8.21 .3467
ETFMG TravelTech AWAY ... 17.21 –1.30 ... FT ValLineDiv FVD 2.2 38.55 –1.59 .2748 GSAccUSAggBd GCOR 2.4 41.57 +0.43 .1112 InvscDBUSDBull UUP .9 28.35 +0.04 .2466 iShGovtCreditBd GBF 2.3 103.95 +1.05 .2291 iShMSCIUK EWU 3.3 31.57 –1.15 .4704
ETFMG Treat GERM .7 20.14 –1.55 .0286 FT Water FIW .7 79.88 –4.29 .1589 GSActiveBetaEM GEM 2.9 28.72 –1.12 .0694 InvscDefEquity DEF 1.5 64.38 –2.91 .9815 iShBlockchain IBLC .7 12.64 –1.89 .08 iShMSCIWorldETF URTH 1.7 111.25 –5.02 .8293
ETFMG2DlyTravel AWYX ... 2.36 –0.36 ... FlexShSelBdFd BNDC 2.7 22.19 +0.17 .0505 GSActiveBetaEurope GSEU 3.2 31.64 –1.11 .0891 InvscDJIADiv DJD 3.3 41.64 –1.74 .3649 iShBloomRollSel CMDY 4.3 51.00 –1.72 2.172 iShMicroCap IWC 1.2 105.93 –10.31 .3787
ETFMG US Alt MJUS ... 1.69 –0.16 ... FlexShDevMkxUSQu QLVD 2.4 24.43 –0.42 .0818 GSActiveBetaIntlEq GSIE 2.9 29.84 –1.04 .1453 InvscDynBiotech PBE ... 60.43 –4.77 ... iShCalifMuniBd CMF 2.0 56.59 +0.66 .1134 iShMornGrw ILCG .7 50.93 –2.44 .1137
ETRACSAlerianMLP AMUB 7.2 14.04 –0.36 .2511 FlexShDiscDurMBS MBSD 3.1 20.40 +0.20 .0545 GSActiveBetaJapan GSJY 2.1 31.35 –0.31 .3454 InvscDynBuilding PKB .4 43.90 –2.13 .0658 iShChinaLC FXI 2.7 27.37 –2.24 .5931 iShMornMC IMCB 1.7 58.74 –4.45 .2975
ETRACSAlernMLPInfr MLPB 6.1 19.12 –0.47 .3095 FlexShESG&Climt FEDM 2.4 43.82 –1.34 .1854 GSActiveBetaUSLC GSLC 1.6 76.83 –3.57 .3508 InvscDynEnerExpl PXE 3.3 27.28 –2.66 .3119 iShCmdCurve CCRV 33.6 19.86 –0.50 6.6732 iShMornMCGrw IMCG .9 55.09 –4.03 .1761
EtracsAlerianMid AMND 6.6 37.54 –1.14 .6334 FlexShESG&Climt FEEM 3.1 43.31 –2.86 .3661 GS Active US SC GSSC 1.3 55.09 –4.54 .3006 InvscDynFood&Bev PBJ 1.9 44.30 –1.37 .4654 iShAggrAllocation AOA 2.1 60.81 –2.06 .3789 iShMornSC ISCB 1.6 46.34 –4.15 .239
EtracsAlerMidstr AMNA 5.7 36.22 –0.79 .5231 FlexShESG&ClimtHY FEHY 7.6 40.77 –0.63 .2565 GSCommunityMuniBd GMUN ... 50.15 ... ... InvscDynLCGrw PWB .3 61.07 –2.54 .1118 iShConsAllocat AOK 2.3 34.06 –0.31 .0523 iShMornSCGrw ISCG .9 37.46 –3.13 .1147
EtracsAlerMid AMTR ... 46.75 –1.04 ... FlexShsESG&ClimtIG FEIG 3.2 40.52 +0.21 .1158 GS DefEquity GDEF ... 41.67 –0.69 ... InvscDynLCValue PWV 2.4 44.65 –2.35 .3212 iShCoreDivGrowth DGRO 2.4 48.40 –2.26 .329 iShMornSCValue ISCV 2.1 52.26 –4.88 .3327
ETRACSBloomETN DJCB ... 20.36 –0.76 ... FSESG&ClimtUSLC FEUS 1.5 43.98 –1.06 .208 GS FutConsEq GBUY .3 24.67 –1.11 .0791 InvscDynLeisure PEJ .4 38.82 –2.67 .0293 iShCore5-10YUSDBd IMTB 3.2 43.06 +0.36 .1378 iShMornUS ILCB 1.6 53.11 –2.69 .2516
ETRACSIFEDInvest IFED ... 26.81 –1.51 ... FlexShEMQualLo QLVE 2.5 21.85 –0.56 .0617 GS FutHlthCare GDOC ... 30.03 –1.81 ... InvscDynMarket PWC 1.5 107.16 –5.22 .7414 iShGrwthAllocation AOR 2.1 48.26 –1.01 .3183 iShMornValue ILCV 2.4 61.73 –3.26 .4026
EtracsMvisBus BDCZ 10.0 16.15 –1.77 .4268 FlexGlbQualRealEst GQRE 2.6 51.74 –3.28 .3632 GSFuturePlanet GSFP .8 30.33 –1.45 .0573 InvscDynMedia PBS .7 32.67 –2.94 .0486 iShCoreHiDiv HDV 3.8 98.52 –3.97 1.145 iShNatlMuniBd MUB 2.2 106.15 +0.71 .2433
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

EtracsM1.5XLevCEF CEFD 15.9 19.76 –1.34 .2249 FlexGlbUpstmNatRsc GUNR 4.3 41.65 –2.79 .2439 GS FutRealEst GREI 1.9 31.76 –1.51 .1619 InvscDynNetwkg PXQ 2.2 71.78 –2.75 .3966 iShCoreMSCIEM IEMG 2.7 46.99 –1.96 .6589 iShNeurosci IBRN ... 23.43 –2.06 ...
EtracsM1.5XLevMtg MVRL 26.7 18.07 –3.47 .0694 FSHiYdValScored HYGV 8.0 39.92 –0.74 .2729 GS FutureTech GTEK .0 22.35 –1.30 .0017 InvscDynOil&GasSv PXJ .6 5.31 –0.65 .016 iShCoreMSCIEur IEUR 2.9 50.25 –1.98 .3399 iShNYMuniBd NYF 2.1 52.69 +0.34 .1067
ETRACSMonthPay2x SMHB 13.2 5.77 –1.33 .0642 FlexShiBoxx5YTIPS TDTF 6.7 23.88 ... .1046 GSHedgeIndVIP GVIP .0 72.58 –4.64 .0101 InvscDynPharm PJP 1.0 73.76 –3.54 .1683 iShMSCIIntlDev IDEV 2.6 58.18 –2.06 .3329 iShResidentMultiRE REZ 3.4 68.37 –5.53 .7645
ETRACS2xLvHiDiv HDLB 13.8 11.94 –1.57 .1261 FlexiBx3YDurTIPS TDTT 6.1 23.67 –0.05 .0952 GS Innovate GINN .7 42.92 –2.69 .0547 InvscDynSemicon PSI .5 115.01 –4.86 .1811 iShCoreMSCIPacific IPAC 2.7 54.73 –1.28 .5261 iShRobotics&AI IRBO .7 28.84 –1.86 .0571
ETRACSNYSEPick PYPE 6.5 20.86 –0.78 .358 FlexShIntQualDiv IQDE 5.2 19.55 –0.68 .1687 GS JUST US LC JUST 1.5 55.39 –2.70 .2364 InvscDynSoftware PSJ 1.4 91.86 –5.43 .5042 iShModAllocation AOM 2.2 38.71 –0.50 .302 iShRuss2000Val IWN 2.1 138.04 –12.39 .9414
EtracsQ1.5XLevMVIS BDCX 18.4 26.71 –4.64 1.187 FlexShIntQuDivDyn IQDY 5.2 25.37 –1.08 .177 GS MktUS1000 GUSA 1.6 33.51 –1.16 .2372 InvscESGS&P500EW RSPE 1.9 21.48 –1.39 .1105 iShCoreS&P500 IVV 1.6 387.88 –18.20 1.7236 iShRussell3000 IWV 1.5 222.76 –11.98 1.0713
EtracsQ1.5XLevAl MLPR 10.0 42.75 –1.68 1.1574 FlexShIntlQualDiv IQDF 5.4 21.35 –0.83 .1954 GothamEnh500 GSPY 1.2 21.08 –0.96 .2613 InvscEMSovDebt PCY 6.6 19.08 –0.09 .102 iShCoreS&P MC IJH 1.6 244.79 –19.58 .1278 iShRussMC IWR 1.6 67.78 –5.00 .3341
ETRACS2xLvgdIFED FEDL ... 25.55 –4.02 ... FlexShMDevMktxUS TLTD 2.7 62.82 –2.16 .1738 Gotham1000Value GVLU ... 18.81 –1.52 ... InvscFinlPfd PGF 5.8 14.72 –0.79 .0713 iShCoreS&P SC IJR 1.4 96.17 –7.97 .4123 iShRussMCGrowth IWP .7 86.55 –5.86 .2362
ETRACS2xLvgMSCIUS ESUS ... 16.19 –1.75 ... FlexShEM FactTilt TLTE 4.3 47.67 –1.73 .6312 GraniteBbgComm COMB 33.0 21.04 –0.75 6.9375 InvscFTSEDvMktxUS PXF 3.4 43.68 –1.53 .1551 iShCoreS&PTotUS ITOT 1.6 85.73 –4.58 .4055 iShRussMCValue IWS 2.0 104.13 –8.08 .5818
Etracs2xLvUSMin USML ... 24.96 –1.90 ... FlexShQualDivDef QDEF 2.5 50.33 –2.15 .3942 GraniteGold BAR ... 18.52 +0.15 ... InvscDevMktxUSSM PDN 2.6 30.42 –0.95 .1061 iShCore10+YUSDBd ILTB 4.2 52.77 +0.96 .1839 iShRuss1000 IWB 1.5 212.62 –10.88 .9274
Etracs2xLvUSMom MTUL ... 14.37 –1.50 ... FlexShQualDivDyn QDYN 2.4 55.46 –3.10 .4237 GraniteHipsUSHi HIPS 10.7 12.01 –0.60 .1075 InvscFTSERAFIEM PXH 5.2 17.92 –0.57 .1125 iShCoreUSAggBd AGG 2.5 98.09 +1.01 .2338 iShRuss1000Grw IWF .9 224.14 –9.89 .5724
Etracs2xLvUSQu QULL ... 22.64 –3.27 ... FlexShQualityDiv QDF 2.5 52.08 –2.64 .3881 GranitePlatinum PLTM ... 9.38 –0.18 ... InvscFTSEUS1000 PRF 2.0 152.64 –8.37 .8072 iShCoreUS REIT USRT 3.5 48.98 –3.88 .5557 iShRuss1000Val IWD 2.2 148.07 –8.67 .9748
FlexShSTOXXGlb NFRA 2.3 49.81 –1.42 .2335 InvscFundHYCpBd PHB 3.6 17.09 –0.18 .0564 iShRussellTop200Gr IWY .8 126.37 –4.95 .2988
Etracs2xLvUSDiv SCDL ... 29.75 –3.37 ... FlexShUSQualLo QLV 1.8 48.96 –1.57 .3322 GraniteXOUTUSLC XOUT .5 33.55 –1.40 .0367 InvscFundInvCpBd PFIG 2.7 23.03 +0.09 .0645 iShCurHdgMSCIUS HAWX 2.6 26.66 –0.92 .1955 iShRussellTop200 IWL 1.5 91.03 –3.95 .3758
Etracs2xLvUSGrw IWFL ... 17.45 –1.60 ... FlexShUltSh RAVI 2.2 74.81 +0.12 .2239 GrayscaleFuture GFOF ... 8.88 –1.45 ... InvscGlbClnEner PBD 2.9 19.10 –1.02 .2966 iShCurrHdgMSCICda HEWC 2.3 29.65 –1.23 .4501 iShRussellTop200Vl IWX 2.1 63.04 –3.04 .3804
Etracs2xLvUSSize IWML ... 15.04 –2.84 ... FolioRisingRates RISR 5.2 31.34 –0.83 .18 GrizzleGrowth GRZZ 1.4 20.15 –1.16 .2875 InvscGlblPrvEqu PSP 2.8 9.81 –0.97 .0675 iShCurHdgMSCIEAFE HSCZ 2.2 27.29 –0.80 .0025 iShRussell2000 IWM 1.5 176.18 –15.32 .8295
Etracs2xLvUSVal IWDL ... 26.08 –3.36 ... Formidable FORH 3.6 23.94 –0.54 .8686 HCM Def500 LGH .6 33.18 –1.73 .2048 InvscGlbShrtHYBd PGHY 5.2 19.39 –0.13 .1022 iShCurHdMSCIEurozn HEZU 3.3 30.71 –1.05 .1294 iShRuss2000Gw IWO .7 219.80 –18.56 .5088
ETRACS2xM092548 PFFL 6.2 10.58 –1.16 .1269 HCM Def100 QQH ... 35.97 –1.54 ... iShCurrMSCIJapan HEWJ 1.5 28.30 –0.51 .0813
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FormidableFort KONG .5 23.96 –0.84 .1168 InvscIndia PIN ... 20.69 –0.46 ... iShS&PMC400Growth IJK 1.1 69.39 –4.74 .192
EtracsUBSBbg UCIB ... 24.07 –0.74 ... FountMetaverse MTVR 1.0 15.22 –0.84 .0033 HarborCpCult HAPI .3 22.09 –1.03 .063 InvscIntlCpBd PICB 1.8 21.11 +0.07 .0399 iShCurrHdgMSCIUK HEWU 3.1 25.64 –0.90 .3891 iShS&P500Grw IVW .9 59.42 –2.36 .1373
EcofinGlbWater EBLU 1.6 37.98 –1.74 .3659 FountSubEcon SUBS 1.1 17.14 –0.82 .0488 HarborCpCult HAPY .2 16.46 –1.30 .0256 InvscInvGradeDef IIGD 2.0 23.83 +0.09 .057 iShCybersecurity IHAK .2 33.63 –1.95 .025 iShS&P500Value IVE 2.1 145.29 –8.10 .8421
Engy&MnlGrpEV CHRG ... 22.13 –1.45 ... FrankDynMuniBd FLMI 3.0 23.61 +0.14 .0654 HarborDisruptInnov INNO ... 11.69 –0.75 ... InvscInvGradeValue IIGV .0 22.83 +0.14 .0652 iShUSFinSvcs IYG 2.1 153.53 –16.42 .895 iShS&PGSCIComm GSG ... 20.13 –0.74 ...
EnSelSectorSPDR XLE 3.9 82.63 –4.63 .8596 FrankEMCoreDiv DIEM 5.9 22.95 –0.87 .4318 HarborEner RENW .8 16.97 –0.23 .1317 InvscMSCIGrnBldg GBLD 4.0 16.84 –0.98 .136 iShUSHealthcare IYH 1.2 260.66 –11.34 .8086 iShGlbUtilities JXI 3.3 56.79 –1.30 1.0372
ER Entrepreneurs ENTR ... 10.03 –0.67 ... FrankFTSEAsiaxJpn FLAX 2.9 20.49 –0.95 .4752 HarborHlthCr MEDI ... 19.73 –1.17 ... InvscMSCISusFut ERTH 1.2 47.79 –2.61 .0254 iSh US Finls IYF 1.9 72.43 –7.23 .4079 iShS&PMC400Value IJJ 2.0 101.60 –9.21 .557
ER Next Entre ERSX ... 12.23 –0.70 ... FrankFTSEAustralia FLAU 5.9 26.06 –1.44 .6587 HarborIntlComp OSEA .1 22.70 –0.72 .0234 InvscMSCIGlbTimb CUT 2.6 29.45 –1.76 .7803 iShUSPharm IHE 2.2 170.10 –8.90 1.3371 iShS&P100 OEF 1.5 174.11 –7.20 .7339
EthoClimateLeader ETHO 1.1 50.05 –3.41 .2071 FrankFTSEBrazil FLBR 12.4 16.65 –0.08 1.0404 HarborSciAlpHy SIHY 6.2 43.31 –0.67 .0514 InvscNatAMTFrMuni PZA 2.7 23.30 +0.24 .0566 iShUSMedDevices IHI .5 50.46 –3.01 .0728 iShS&PSC600Value IJS 1.4 93.88 –8.49 .2578
FIEnhEurope50 FIEE ... 178.88 –7.56 ... FrankFTSECanada FLCA 2.2 29.69 –1.76 .6037 HarborSciAlpIncm SIFI 4.3 42.51 –0.20 .1711 InvscNYAMTFrMuni PZT 2.7 22.33 +0.26 .0533 iShESGAdvIGCpBd ELQD 3.1 80.14 +0.38 .2341 iShNATech-Mult IGN .3 67.04 –1.59 .0542
FisBibResp PRAY 1.2 21.91 –1.25 .2596 FrankFTSEChina FLCH 2.7 18.47 –1.39 .3621 HartfordDiscUS HDUS ... 39.03 –2.32 ... InvscPreferred PGX 7.1 11.62 –0.51 .0582 iShAdvTotUSDBd EUSB 2.4 42.58 +0.41 .1007 iShSelfDrvngEV IDRV 2.1 36.61 –3.52 .1108
FIS KnightsofCol KOCG 2.0 20.25 –0.90 .3965 FrankFTSEEurope FLEE 3.3 25.43 –0.85 .3235 HartfordLongEc HLGE 2.1 23.03 –1.26 .2667 InvscRayJamesSB1 RYJ .7 54.83 –4.52 .3907 iShESGUSAggBd EAGG 2.3 47.29 +0.46 .1124 iShShtNatlMuniBd SUB 1.1 103.90 +0.42 .1588
FMC Excelsior FMCX .1 22.08 –1.19 .2539 FrankFTSEEurHdg FLEH 2.8 23.01 –0.84 4.3875 HartfordMultiDvxUS RODM 3.7 25.60 –0.75 .2363 InvscRuss1000EW EQAL 2.0 39.82 –2.99 .1604 iShEM Dividend DVYE 9.7 24.58 –0.64 .734 iShSilver SLV ... 18.86 –0.69 ...
FMQQ NextFront FMQQ ... 10.01 –0.41 ... FrankFTSEFrance FLFR 2.7 29.14 –0.68 .3397 HartfordMultiEM ROAM 5.1 19.88 –0.58 .7036 InvscS&PEMLowVol EELV 3.5 22.87 –0.36 .096 iShEurope IEV 2.9 47.86 –1.78 .2014 iShTIPSBondETF TIP 6.2 108.09 +0.08 .3491
FT EnerIncm EIPX 1.4 19.90 –0.81 .0685 FrankFTSEGermany FLGR 3.2 21.22 –0.47 .0798 HartfordMultSC ROSC 1.5 36.04 –2.74 .3082 InvscS&PEMMom EEMO 3.9 13.39 –0.05 .1742 iShExpTechSftwr IGM .4 304.93 –12.88 .3668 iSh10-20YTreasBd TLH 2.9 112.55 +3.75 .2967
FairleadTactical TACK 1.2 23.83 +0.23 .094 FrankFTSE HK FLHK 4.0 20.70 –1.17 .4092 HartfordMultiUS ROUS 1.9 38.34 –1.64 .2399 InvscS&P500BuyWr PBP 1.3 20.51 –0.76 .0649 iShFocusedValue FOVL 3.4 50.88 –4.91 .4216 iSh10+YIGCpBd IGLB 4.5 51.20 +0.49 .1908
FedHermesShDur FCSH 1.8 23.28 +0.08 .0404 FrankFTSEIndia FLIN .8 27.73 –0.53 .2121 HartfordMuniOpps HMOP 2.3 37.79 +0.16 .0946 InvscS&P500Down PHDG 1.4 32.09 –0.64 .2223 iShFutCloud5G IDAT .8 22.03 –1.40 .1179 iShTreaFRBd TFLO 2.4 50.49 +0.05 .1683
FedHermesShDur FHYS 6.2 22.26 –0.14 .119 FrankFTSEItaly FLIY 4.4 24.60 –0.97 .4997 HartfordSchCmd HCOM 40.1 15.64 –0.54 .1101 InvscS&P500EnhVal SPVU 2.5 40.31 –3.08 .2475 iShFutMetaverseTec IVRS ... 23.97 –1.11 ... iShDowJonesUS IYY 1.5 94.41 –4.90 .4199
FedHermesUSStr FDV 3.1 23.85 –1.27 .0724 FrankFTSEJapan FLJP 1.8 25.04 –0.24 .2053 HartfordSchTax HTAB 2.5 19.35 +0.22 .0551 InvscS&P500EWCm EWCO 1.4 25.47 –1.70 .0729 iShGenomicsImm IDNA .6 22.48 –1.94 .1359 iShUSBasicMatls IYM 2.1 128.90 –11.44 .7065
FidelityCorpBd FCOR 3.4 45.56 +0.22 .14 FrankFTSEJapanHdg FLJH 3.5 26.15 –0.41 5.5531 HartfordTRBd HTRB 3.1 33.58 +0.34 .0913 InvsS&P500EWCD RCD 1.0 123.33 –7.87 .2976 iShGlblComm IXP 1.1 58.36 –2.67 .1913 iShUSBrokerDealers IAI 2.3 90.68 –11.68 .4507
FidelityDivRising FDRR 2.8 39.08 –1.91 .191 FrankFTSELatAm FLLA 9.3 20.05 –0.50 1.0754 HashdexBitcoinFut DEFI ... 25.53 –3.12 ... InvscS&P500CnStp RHS 2.4 163.14 –4.18 1.0798 iShGlbCnsmrDisc RXI .9 134.61 –6.97 .6313 iShUSCnsmrDisc IYC .6 60.25 –3.48 .0965
FidelityHiDiv FDVV 3.4 37.19 –1.85 .185 FrankFTSEMexico FLMX 3.7 28.11 –1.67 .6933 HealthCareSelSect XLV 1.6 124.15 –5.02 .5561 InvscS&P500EWEner RYE 3.7 68.32 –5.03 .8291 iShGlblConStaples KXI 2.0 58.39 –1.10 .5883 iShUSCnsmrStpls IYK 2.3 190.43 –4.40 1.4786
FidelityHYFactor FDHY 5.5 45.86 –0.68 .229 FrankFTSESaudiAr FLSA 1.9 32.78 +0.13 .2991 HennessyESGLC STNC .6 25.18 –1.14 .1464 InvscS&P500EW RSP 1.8 140.47 –9.08 .5778 iShGlobalEnergy IXC 4.9 37.81 –1.83 1.0962 iShUS Energy IYE 3.6 43.70 –2.58 .4137
FidelityIntlHiDiv FIDI 5.1 18.80 –0.72 .108 FrankFTSESAfrica FLZA 5.0 21.48 –0.79 .4811 High Yield HYLD 7.7 26.61 –0.25 .17 InvscS&P500EWFin RYF 2.1 52.61 –7.07 .2637 iShGlbEquityFactor GLOF 2.5 32.04 –1.35 .4899 iShUSEquity LRGF 1.8 39.29 –2.08 .1818
FidelityIntlValue FIVA 3.4 22.29 –0.84 .082 FrankFTSE SKorea FLKR 3.1 19.97 –0.96 .1377 HorizonKinBlock BCDF .8 19.85 –1.04 .0524 InvscS&P500EWHC RYH .7 276.91 –16.09 .456 iShGlbFinls IXG 3.7 69.86 –5.26 1.068 iShUSHlthcrProv IHF .8 242.90 –14.36 .7109
FidelityIGBd FIGB 2.7 43.00 +0.51 .126 FrankFTSESwitz FLSW 2.0 29.53 –0.79 .0451 HorizonKineticsEn NVIR ... 24.08 –1.74 ... InvscS&P500Ind RGI 1.0 184.59 –9.23 .5679 iShGlbHlthcr IXJ 1.3 79.07 –2.72 .4397 iShUSInsurance IAK 1.8 86.98 –6.51 .50
FidelityIGSecur FSEC 2.5 42.26 +0.28 .123 FrankFTSETaiwan FLTW 2.9 35.68 –0.87 1.0297 HorizonKinInfltn INFL 1.8 29.44 –2.01 .0837 InvscS&P500EWMat RTM 2.2 159.08 –14.29 1.028 iShGlblIndls EXI 1.6 110.42 –4.21 .5863 iShUSOilEquip IEZ .7 20.54 –2.53 .0392
FidelityLtdTermBd FLTB 2.0 48.11 +0.25 .10 FrankFTSE UK FLGB 4.1 23.66 –0.85 .4815 HoyaCapHiDivYd RIET 9.7 10.32 –0.95 .0855 InvscS&P500RlEst EWRE 3.2 29.89 –2.40 .1033 iShGlbMaterials MXI 4.8 80.05 –5.59 1.54 iShUSRealEst IYR 3.0 82.10 –6.22 .7844
FidelityLowVol FDLO 1.5 44.89 –1.67 .182 FrankIntlCore DIVI .0 27.75 –0.83 .0025 HoyaCapHousing HOMZ 2.2 33.06 –2.36 .0675 InvscS&P500EWTech RYT .7 256.07 –11.82 .5102 iShGlobal100 IOO 2.0 65.39 –1.99 .5021 iShUSRegBks IAT 3.6 41.40 –8.62 .4649
FidelityCommSvs FCOM 1.0 33.25 –1.84 .083 FrankIgCp FLCO 3.5 21.06 –0.02 .0626 HullTacticalUS HTUS .4 27.73 –1.67 1.6507 InvscS&P500EWUtil RYU 2.5 107.62 –3.61 .6397 iShGlobalREIT REET 2.5 22.38 –1.53 .2813 iShUSSCEqFactor SMLF 1.2 50.20 –4.44 .2057
FidelityMSCICnDisc FDIS .9 60.88 –3.64 .139 FrankMuniGreen FLMB 2.8 23.57 +0.28 .0586 HumankindUS HKND 1.8 25.87 –1.41 .1022 InvscS&P500xRt XRLV 2.2 45.45 –1.63 .0854 iShGlobalTech IXN .7 48.96 –1.61 .1869 iShUSTechBreak TECB .6 29.71 –1.47 .0407
FidelityMSCICnStpl FSTA 2.4 43.03 –1.07 .259 FrankRespGold FGLD ... 25.02 +0.21 ... HypatiaWomenCEO WCEO ... 25.36 –2.00 ... InvscS&P500GARP SPGP 1.2 82.44 –6.43 .2586 iShGoldTr IAU ... 35.46 +0.27 ... iShUSTech IYW .5 82.67 –3.10 .1474
FidelityMSCIEn FENY 3.5 22.52 –1.42 .191 FrankShDrUSGov FTSD 2.1 89.78 +0.40 .2389 IQ CBRENxtRlEst ROOF 4.5 18.49 –1.23 .1803 InvscS&P500HiBeta SPHB .7 67.03 –5.52 .1121 iShGoldTrMicro IAUM ... 18.68 +0.15 ... iShUSUtilities IDU 2.6 79.47 –2.14 .584
FidelityMSCIFinls FNCL 2.4 46.18 –4.74 .27 FrankSysStyle FLSP ... 21.41 +0.03 ... IQCandESGIntl IQSI 2.8 25.59 –0.82 .1093 InvscS&P500HiDiv SPHD 4.2 41.16 –2.50 .146 iShiBdsDec31Cp IBDW 3.8 20.12 +0.10 .0741 iShVirtualWork IWFH .3 13.64 –1.15 .0202
FidelityMSCIHlthCr FHLC 1.4 58.86 –2.80 .194 FrankUSCoreBd FLCB 2.5 21.42 +0.24 .051 IQ CandESGUSLC IQSU 1.4 32.84 –1.55 .1349 InvscS&P500LowVol SPLV 2.3 59.85 –2.12 .1194 iShiBdsDec32Cp IBDX 4.6 24.38 +0.14 .089 iShYdOptimizedBd BYLD 3.6 21.68 –0.07 .0812
FidelityMSCIIndls FIDU 1.5 51.82 –2.76 .198 FrankUSCoreDiv UDIV 3.2 30.30 –1.52 .4395 IQCandESGUSMC IQSM 1.3 26.62 –1.74 .0846 InvscS&P500Mom SPMO 1.8 52.94 –1.97 .3001 iShiBdsDec30Cp IBDV 3.2 21.01 +0.13 .0634 iSh0-5YHYCorpBd SHYG 5.9 40.91 –0.51 .2287
FidelityMSCIIT FTEC .9 102.92 –3.86 .233 FrankUSEquity USPX 3.5 33.58 –1.66 .1815 IQCleanOceans OCEN 1.6 20.42 –0.66 .0309 InvscS&P500PrGrw RPG .8 148.13 –9.13 .4085 iShiBdsDec28Cp IBDT 3.4 24.39 +0.10 .0789 iSh0-5YTIPSBd STIP 5.5 97.61 –0.12 .3082
FidelityMSCIMatls FMAT 2.0 44.31 –3.82 .206 FrankUSLowVol FLLV 1.7 44.91 –1.93 .2689 IQCleanerTrans CLNR 2.4 20.18 –0.79 .1543 InvscS&P500PrVal RPV 2.4 75.85 –7.10 .5431 iShiBdsDec25Cp IBDQ 2.4 24.31 +0.01 .0628 iSh0-3MTreaBd SGOV 2.1 100.30 +0.08 .278
FidelityRealEst FREL 3.6 24.30 –1.87 .122 FrankUSTreaBd FLGV 2.6 20.94 +0.31 .0516 IQEngenderEqual EQUL 1.6 21.15 –0.96 .0844 InvscS&P500Multi QVML 1.7 23.09 –1.10 .1026 iShiBdsDec24Cp IBDP 2.2 24.48 +0.04 .0593 JPM AlerianMLP AMJ 6.6 22.35 –0.43 .3967
FidelityMSCIUtils FUTY 3.0 41.81 –1.20 .295 FrankUltShBd FLUD 1.9 24.56 +0.02 .0727 IQ FTSEIntlEq HFXI 2.6 22.49 –0.72 .4895 InvscS&P500Qual SPHQ 1.8 44.57 –1.74 .2346 iShiBdsDec29Cp IBDU 3.5 22.33 +0.17 .0751 JacobForward JFWD ... 7.72 –1.02 ...
FidelityMomFactor FDMO 1.2 42.57 –1.68 .128 FreedomDayDiv MBOX 3.0 24.36 –1.18 .2492 IQ500IntlETF IQIN 3.3 29.99 –0.84 .3369 InvscS&P500Rev RWL 1.6 73.34 –3.69 .3062 iShiBdsDec27Cp IBDS 3.1 23.37 +0.10 .0726 JanusHendersonAAA JAAA 3.5 49.65 –0.03 .2145
FidelityQualFactor FQAL 1.5 44.94 –2.16 .131 FundXAggressiveETF XNAV 1.5 48.36 –2.36 .7313 IQGlobalResources GRES 2.1 33.80 –1.86 .3526 InvscS&P500Top50 XLG 1.3 285.64 –10.72 .9552 iShiBdsDec26Cp IBDR 2.6 23.33 +0.04 .062 JanusIntlSust SXUS 1.1 17.08 –0.41 .0401
FidelitySmallMid FSMD 1.5 31.57 –2.22 .139 FundXETF XCOR 2.6 47.17 –2.99 1.233 IQ HealthyHearts HART 1.3 25.50 –0.95 .0612 InvscS&P500ValMom SPVM 2.4 47.23 –3.13 .3513 iShiBdsDec23Cp IBDO 2.0 25.11 +0.01 .0607 JanusHendMtg JMBS 3.1 45.82 +0.46 .1554
FidelitySustCore FSBD 4.1 46.80 +0.36 .169 FutureFdActive FFND ... 16.11 –1.34 ... IQ HedMultStra QAI 2.0 28.70 –0.38 .5682 InvscS&PGlbWater CGW 1.4 47.32 –2.00 .6771 iShiBdsMar23CpxFin IBCE .0 24.32 +0.02 .0761 JanusNetZero JZRO 1.5 22.68 –2.07 .0989
FidelitySustHY FSYD 6.3 44.54 –0.89 .248 GabelliAuto GAST .8 21.39 –0.99 .1621 IQMacKayCalif MMCA 3.0 21.47 +0.15 .0571 InvscS&PIntDvLoVl IDLV 4.7 26.75 –0.46 .1669 iShiBdsMar23Cp IBDD .0 26.53 +0.02 .0927 JanusHenShrtDur VNLA 4.7 47.83 +0.09 .1256
FidelitySustLoDur FSLD 2.5 49.98 +0.05 .16 GabelliCmlAerosp GCAD ... 24.74 –1.43 ... IQMacESGCoreBd ESGB 3.5 20.92 +0.20 .0712 InvscS&PIntlDev IDMO 3.6 32.13 –0.88 .1209 iShiBoxx$HYCpBd HYG 5.6 73.44 –1.28 .4496 JanusSust&Impact JIB 2.1 42.19 +0.45 .1045
FidelitySustUS FSST 1.0 18.59 –1.00 .087 GabelliFinSvcs GABF 1.3 25.96 –2.43 .3252 IQMacKayESGHi IQHI 7.3 25.40 –0.25 .1399 InvscS&PIntlDevQu IDHQ 3.3 25.13 –0.96 .0402 iShiBoxx$InvGrCpBd LQD 3.5 106.82 +0.65 .3718 JanusSustCpBd SCRD 2.9 40.64 +0.29 .1287
FidelityTactBd FTBD 5.2 49.20 +0.18 .215 GabelliGrwInn GGRW ... 15.46 –0.88 ... IQMacKayMulti MMSB 4.6 24.06 –0.16 .089 InvscS&PMC400EW EWMC 1.3 85.06 –6.98 .2097 iShInfltnHdgHYBd HYGI 6.5 24.61 –0.71 .156 JanusHenUSRealEst JRE 2.9 21.40 –1.79 .3261
FidelityTotalBd FBND 3.3 45.55 +0.42 .155 GabelliLovePlanet LOPP 2.0 24.12 –1.40 .4931 IQMacKayMuniIns MMIN 3.2 23.95 +0.23 .0689 InvscS&P400PrGrw RFG .8 177.68 –13.66 .4366 iShInflHdgUSAggBd AGIH 2.8 24.34 –0.09 .057 JanusUSSust SSPX .3 19.85 –0.42 .0257
FidelityUSMulti FLRG 1.6 23.63 –0.97 .085 GlbXAdaptiveUS AUSF 2.6 29.30 –1.00 .16 IQMacKayMuniInter MMIT 2.5 24.26 +0.14 .0635 InvscS&P400PrVal RFV 2.0 93.85 –9.61 .3944 iShIntRtHdgCpBd LQDH 4.6 90.76 –1.26 .4856 HancockCorpBd JHCB 3.7 20.82 +0.09 .0548
FidelityValFactor FVAL 1.8 43.90 –2.31 .175 GlbXAdaptUSRisk ONOF 2.0 26.41 –1.32 .3337 IQMergerArbitrage MNA ... 31.05 –0.26 ... InvscS&PMC400Mult QVMM 1.5 22.75 –1.84 .0684 iShIntRtHdgHiYdBd HYGH 7.1 81.51 –2.35 .6666 HancockIntlHiDiv JHID ... 26.58 –0.95 ...
FidelityWomen FDWM .9 17.17 –1.02 .064 GlbXCopperMiners COPX 3.1 36.04 –4.33 .3955 IQRealReturn CPI 3.7 24.62 –0.45 .0714 InvscS&PMC400Rev RWK 1.1 89.36 –7.01 .2235 iShIntRtLTCpBd IGBH 4.8 23.21 –0.47 .1349 HancockMtgBkd JHMB 4.1 21.52 +0.25 .0222
FieldUVAUnconMed FFIU 3.3 21.88 +0.18 .0625 GlbXDow30Cov DJIA 10.5 21.47 –0.92 .1375 IQ UltShrtDur ULTR 2.9 47.78 –0.03 .1495 InvscS&PMCLowVol XMLV 2.1 52.01 –3.29 .2198 iShIRHdgUSAggBd AGRH 3.0 25.42 –0.07 .0942 HancockDevIntl JHMD 2.7 29.67 –0.89 .2646
FinSelSectorSPDR XLF ... 32.93 –3.06 ... GlbX EM Bd EMBD 4.5 21.53 –0.03 .085 IQWinslowFocLCG IWFG .0 26.93 –0.68 .0133 InvscS&PMCMom XMMO 1.4 74.46 –5.52 .2682 iShIntlDevProp WPS 2.7 26.67 –1.10 .2701 HancockMultEM JHEM 2.8 23.40 –0.90 .4758
FTActiveFactorLC AFLG 1.5 23.04 –1.11 .1634 GlbX FTSE SE Asia ASEA 2.3 14.50 –0.26 .1558 IQWinslowLCGrw IWLG ... 26.04 –1.42 ... InvscS&PMCQual XMHQ 1.7 71.05 –4.97 .3533 iShIntlEquity INTF 2.7 25.54 –0.90 .1586 HancockLC JHML 1.5 49.25 –2.67 .4355
FTActiveFactorMC AFMC 1.4 22.64 –1.55 .1144 GlbXFinlCv FYLG 6.5 23.10 –2.16 .1277 iMGPDBiHedgeStrat DBEH 1.5 25.62 –0.53 .394 InvscS&PMCValMom XMVM 1.8 44.05 –4.40 .1702 iShIntlSCEqFactor ISCF 2.7 30.39 –1.22 .3193 HancockMC JHMM 1.2 46.66 –3.45 .3392
FTActiveFactorSC AFSM 1.3 23.06 –1.75 .1478 GlbX GoldExpl GOEX 1.1 23.46 –1.74 .207 iMGPDBiMgdFut DBMF 3.9 27.32 –1.23 2.2474 InvscS&P100EW EQWL 2.1 74.64 –3.92 .3833 iShJPM EM LC Bd LEMB .9 35.17 +0.03 .3002 HancockMultiSC JHSC 1.1 31.16 –2.56 .2507
FT AlerDisr DTRE 4.3 38.44 –2.32 .4215 GlbX GuruIndex GURU .2 33.89 –2.57 .0635 iMGP RBA Resp IRBA 1.4 8.87 –0.19 .0841 InvscS&PSCLowVol XSLV 2.9 43.45 –3.33 .1517 iShJPX-Nikkei400 JPXN 1.4 60.75 –0.58 .2385 HancockPfdIncm JHPI 6.2 21.61 –1.02 .0799
FT AlerianUSNext RBLD 2.2 48.06 –2.63 .2477 GlbXHlthCare HYLG 6.4 23.39 –0.94 .1244 ImpactAffHous OWNS 2.5 17.18 +0.13 .1234 InvscS&PSCMom XSMO 1.2 46.30 –3.86 .176 iShLatinAmer40 ILF 12.4 23.51 –0.74 1.8137 HancockUSHiDiv JHDV 3.5 26.41 –1.08 .2293
FstTrBbgEMDem EMDM ... 19.45 –0.81 ... GlbXInfoTech TYLG 6.0 25.56 –0.74 .1315 ImpactNAACPMinrty NACP 1.3 27.23 –1.28 .7589 InvscS&PSC600EW EWSC .0 70.42 –6.46 .2743 iShACWILowCarbon CRBN 1.9 140.25 –6.47 1.2202 JPMActiveGrw JGRO .2 45.12 –2.81 .0022
FT CnsDscAlpDx FXD 1.0 50.59 –3.39 .1429 GlbXIntRtHdg RATE 2.2 25.15 –1.44 .0666 ImpactYWCAWomen WOMN 1.3 26.76 –1.27 2.073 InvscS&P600PrGrw RZG 1.6 115.88 –8.92 .8331 iShMSCIAgProd VEGI 1.5 41.30 –2.80 .387 JPMActiveSCValue JPSV ... 47.96 ... ...
 54 BARRON’S March 13, 2023

D ATA EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA

Tick Div Tick Div Tick Div Tick Div Tick Div Tick Div
Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
JPMActiveValue JAVA 1.3 50.23 –2.92 .20 OneAscentIntl OAIM .6 28.22 –1.00 .1594 ProShUltRus2000 URTY .3 36.77 –11.00 .1053 SPDRPtfS&P500 SPLG 1.7 45.39 –2.14 .2073 SPDR IntlSC GWX 2.6 30.37 –1.00 .381 VangdLC VV 1.6 175.96 –8.63 .8233
JPMActiveIntl JIDA 3.0 42.56 –1.36 1.282 OneAscentLCCore OALC .4 20.83 –1.10 .0827 ProShUltS&P500 UPRO .5 32.42 –4.95 .1361 SPDRS&P500Growth SPYG 1.0 51.48 –2.04 .1396 SPDRS&POil&Gas XOP 2.6 128.04 –13.10 .9502 VangdLongTermBd BLV 3.9 75.31 +1.63 .2366
JPMActiveUSLC JUSA 1.6 43.81 –2.30 .6886 OpticaRareEarth CRIT .9 19.26 –2.19 .1822 ProShUltShDow30 SDOW .3 30.05 +3.75 .0972 SPDRS&P500HiDiv SPYD 5.3 37.67 –2.84 .5073 SPDR S&P Pharm XPH 1.7 39.61 –3.50 .194 VangdMegaCap MGC 1.6 134.01 –5.83 .6042
JPMBetaUSAggBd BBAG 2.3 46.23 +0.51 .1171 OptimizeAISmart OAIE .3 24.94 –0.90 .0667 ProShShtMC400 SMDD .1 21.44 +4.26 .0318 SPDRPtfS&P400MC SPMD 1.6 43.02 –3.43 .1691 SPDR S&P Retail XRT 2.1 62.93 –4.07 .544 VangdMegaGrwth MGK .7 184.36 –7.50 .3389
JPMBetaUSDIGCpBd BBCB 3.4 44.96 +0.19 .163 OverlayCoreBd OVB 4.6 20.55 +0.03 .2528 ProShShtRus2000 SRTY .2 51.58 +11.09 .0895 SPDRPtfS&P600SC SPSM 1.4 37.52 –3.15 .1451 SprottESGGoldETF SESG ... 37.31 +0.29 ... VangdMegaVal MGV 2.6 98.44 –4.58 .702
JPMBeta US MC BBMC 1.5 73.49 –6.23 .4184 OverlayFgnEqu OVF 4.5 21.35 –0.62 .30 ProShUltSh&P500 SPXU .4 16.40 +2.10 .0664 SPDRPtfSTCpBd SPSB 2.3 29.38 +0.05 .0825 SprottGoldMiners SGDM 1.5 23.87 –1.35 .3506 VangdMC VO 1.6 203.99 –14.44 1.1208
JPMBeta US SC BBSC 1.3 53.24 –4.85 .274 OverlayHdgLC OVLH .6 24.64 –0.96 .1971 ProShUltSh20YTr TTT .4 62.61 –7.65 .263 SPDRShtTermTrea SPTS 1.7 28.89 +0.16 .0581 SprottJrGoldMiners SGDJ 2.6 27.48 –2.12 .7094 VangdMCGrw VOT .8 184.43 –13.54 .4179
JPMCarbonUS JCTR 1.5 52.09 –2.61 .2542 OverlayLCEq OVL 3.8 30.70 –1.70 .3007 ProShUSBscMtls SMN ... 10.14 +1.50 ... SPDR PtfTIPS SPIP 6.3 26.14 +0.04 .0597 SprottUranium URNM ... 30.57 –3.75 ... VangdMC Val VOE 2.3 132.29 –9.40 1.1028
JPMClimtChgSolns TEMP 1.0 38.81 –1.49 .4022 OverlayMuniBd OVM 4.2 21.74 +0.01 .2418 ProShUltBloomCrd SCO ... 25.16 +1.73 ... SPDRRuss1000LowVol ONEV 1.8 102.06 –5.82 .5914 SterlingCapDivMul DEIF 1.6 22.42 –1.24 .3559 VangdRealEst VNQ 4.0 80.81 –6.12 1.1635
JPM DivRetEM JPEM 4.6 50.05 –1.27 .3224 OverlayShTermBd OVT 4.1 21.28 –0.09 .2432 ProShUltShBlmGas KOLD ... 59.10 +17.05 ... SPDRRuss1000Mom ONEO 1.7 91.88 –5.90 .4555 SterlingCapFocus LCG ... 20.77 –1.35 ... VangdS&P500ETF VOO 1.7 354.68 –16.60 1.6717
JPM DivRetIntlEq JPIN 3.0 50.89 –1.24 .2616 OverlaySCEq OVS 3.4 29.21 –2.67 .2729 ProShUSCnsmrGd SZK .6 15.82 +1.43 .0917 SPDRRuss1000Yd ONEY 3.2 92.62 –6.38 .7803 StrategasGlbPol SAGP .5 23.32 –1.18 .1198 VangdS&P500 Grw VOOG .9 214.24 –8.55 .5848
JPM DivRetUS Eq JPUS 2.4 92.68 –5.17 .8306 PgimActAggBd PAB 3.1 41.98 +0.43 .1215 ProShUSCnsmrSvc SCC ... 26.67 +2.41 ... SPDRMomentumTilt MMTM 1.7 162.75 –7.61 .8394 StrategasMacro SAMT .8 21.69 –1.16 .1688 VangdS&P500Val VOOV 2.2 140.27 –7.86 .9487
JPM Div US MC JPME 1.9 83.48 –5.53 .6082 PGIMActHYBd PHYL 7.0 33.49 –0.34 .225 ProShUltDow30 DXD .2 46.68 +3.99 .1073 SPDRS&P1500ValTilt VLU 2.2 138.01 –7.92 .785 StriveEMxChina STXE ... 24.19 –0.58 ... VangdS&PMC400 IVOO 1.8 165.64 –13.09 .4129
JPM Div US SC JPSE 1.5 39.15 –3.15 .3086 PGIM FR Incm PFRL 6.4 49.90 –0.02 .3603 ProShUltShEuro EUO ... 30.10 –0.01 ... SPDR S&P400 MCG MDYG 1.1 66.34 –4.55 .2342 Strive500 STRV .4 24.54 –1.19 .0901 VangdS&P400Grwth IVOG 1.0 171.61 –12.02 .8882
JPMEquityPrem JEPI 12.2 52.13 –1.90 .4112 PGIMJennisFocGwth PJFG ... 50.64 –2.09 ... ProShUltChina50 FXP .1 36.23 +5.17 .0214 SPDR S&P600SCpGr SLYG 1.2 72.64 –5.46 .2931 StriveUSEner DRLL ... 27.71 –1.59 ... VangdS&P400Val IVOV 2.0 154.82 –14.09 1.5093
JPM Income JPIE 4.9 45.05 –0.02 .2055 PGIMJennisonFocVal PJFV .1 47.21 –2.74 .0591 ProShUltShEur EPV .4 11.36 +0.80 .0419 SPDR Aero Dfns XAR .5 115.37 –6.19 .1026 StriveUSSemi SHOC .2 28.00 –0.99 .0586 VangdS&P600 VIOO 1.5 176.00 –14.48 1.3104
JPM IntlGrwth JIG .9 54.15 –2.11 .4767 PGIMTRBd PTRB 4.4 41.43 +0.39 .1389 ProShUltShFin SKF .0 20.58 +3.10 .0066 SPDRS&PBank KBE 3.3 40.88 –7.03 .4198 SyntaxStratLC SSPY 1.7 63.08 –3.75 1.0772 VangdS&P600Grwth VIOG 1.3 186.47 –14.43 .4115
JPMIntlResearchEnh JIRE 2.5 52.93 –1.65 1.3106 PGIMUltraShBd PULS 2.9 49.37 +0.06 .1798 ProShUltShGold GLL ... 29.90 –0.44 ... SPDRS&PCapitalMkts KCE 2.4 80.31 –8.71 .5029 SyntaxStratMC SMDY 1.0 35.74 –2.45 .3591 VangdS&P600Val VIOV 2.1 161.98 –14.89 .5565
JPM MktExpEnh JMEE 1.4 47.02 –3.78 .6611 Pimco25+YrZC ZROZ 2.5 95.98 +4.25 .62 ProShUSHlthCr RXD ... 14.29 +1.19 ... SPDREmMktsDiv EDIV 4.7 25.31 –0.42 .065 SyntaxStratSC SSLY 1.1 41.53 –2.90 .4563 VangdST Bond BSV 1.6 75.40 +0.47 .1181
JPMRealtyIncm JPRE 2.1 40.71 –3.05 .1771 PimcoBrdUSTips TIPZ 6.5 54.81 +0.06 .43 ProShUltShIndls SIJ ... 15.36 +1.63 ... SPDR S&P EM SC EWX 2.9 50.28 –1.24 .8343 SyntaxStratTM SYII 1.6 39.18 –2.47 .7347 VangdSTTaxExempt VTES ... 100.52 ... ...
JPMShDurCore JSCP 3.0 45.81 +0.19 .1807 PimcoEnhLowDur LDUR 2.5 94.27 +0.39 .27 ProShUltra7-10 PST .0 21.75 –1.00 .0037 SPDR S&P500 ESG EFIV 1.6 36.97 –1.72 .1438 SyntaxStratUSTM SYUS 1.6 39.98 –2.05 .6641 VangdSC VB 1.5 185.81 –15.87 1.0092
JPMUSDEMSovBd JPMB 5.2 38.68 –0.09 .1956 PimcoEnhShMatESG EMNT 3.2 97.60 +0.21 .28 ProShUltBrazil BZQ ... 20.87 +0.23 ... SPDR S&P 500 SPY 1.6 385.91 –18.28 1.7814 SyntaxStrUSTMH SHUS 1.1 37.68 –1.36 1.3002 VangdTaxExemptBd VTEB 2.2 49.76 +0.33 .1178
JPM US Moment JMOM 1.4 37.85 –1.80 .1767 PimcoEnhShMat MINT 2.5 99.23 +0.11 .33 ProShUltMSCIEAFE EFU .1 11.05 +0.69 .0108 SPDRS&P500Fossil SPYX 1.4 31.22 –1.57 .118 TRowePriceBlueChip TCHP ... 21.67 –0.92 ... VangdTotalStk VTI 1.6 193.26 –10.31 .9305
JPM USQualFactor JQUA 1.6 38.90 –1.64 .2005 Pimco15+USTips LTPZ 7.1 61.24 +0.59 .31 ProShUltMSCIEM EEV .3 23.49 +1.98 .0623 SPDR S&P400 MCV MDYV 1.9 65.31 –5.87 .3286 TRowePriceDivGwth TDVG 1.2 30.73 –1.29 .1054 VangdTotWrldStk VT 2.2 87.76 –4.02 .6381
JPM US Value JVAL 2.5 33.01 –2.01 .3053 PimcoIntrmMuniBd MUNI 2.3 51.56 +0.27 .135 ProShUltMSCIJpn EWV .3 16.23 +0.34 .0443 SPDRS&PGlbDiv WDIV 5.2 57.97 –2.43 .8225 TRowePriceEqIncm TEQI 2.1 33.09 –1.93 .3021 VangdUtilities VPU 3.3 140.73 –3.93 1.1953
JPM UltShIncm JPST 2.2 50.22 +0.07 .1544 PimcoInvGrdCpBd CORP 3.5 94.31 +0.62 .33 ProShUltMC400 MZZ .3 16.74 +2.38 .0424 SPDRS&PGlbInfr GII 3.1 52.62 –1.46 .8797 T.RowePriceFR TFLR 5.4 50.63 –0.05 .3162 VangdValue VTV 2.6 134.89 –6.96 1.0406
KFA MtLucasFut KMLM 6.9 30.11 +0.02 2.48 PimcoMuniIncm MINO 3.2 44.10 +0.41 .1355 ProShUltOil&Gas DUG .3 13.65 +1.46 .0352 SPDRS&PGlbNatRes GNR 4.4 56.10 –3.93 1.3287 TRowePriceGrowth TGRW ... 21.82 –0.94 ... VegTechPlant EATV .2 16.14 –1.11 .0286
KFAValLineDynCore KVLE 2.6 21.05 –0.82 .8671 Pimco1-5USTips STPZ 5.4 50.10 –0.10 .10 ProShUltShQQQ QID .2 21.92 +1.61 .038 SPDRS&PHlthCrEq XHE .0 87.78 –7.10 .0066 T.RoweQMUSBd TAGG 2.5 42.81 +0.51 .0969 VesperUSLCShort UTRN 1.1 23.25 –1.23 .2635
KPOP&KoreanEnt KPOP ... 20.23 –1.02 ... PimcoPfd&Cap PRFD 5.5 48.37 –1.20 .22 ProShUltRlEst SRS .3 19.06 +2.51 .0547 SPDRS&PHlthCareSvs XHS .2 83.93 –7.42 .0666 T.RowePriceTR TOTR 3.7 41.41 +0.49 .1471 VidentIntlEquity VIDI 5.7 22.29 –0.91 .5461
KellyHotel HOTL .8 14.05 –0.90 .0804 PimcoDynMultEM MFEM 3.5 17.83 –0.44 .05 ProShUltShRus2000 TWM .2 16.18 +2.42 .0288 SPDR S&P Home XHB 1.0 65.47 –3.34 .1949 TRowePriceUSEquity TSPA 1.0 23.04 –1.13 .2641 VidentUSBdStrat VBND 3.7 43.49 +0.28 .1011
KellyResidential RESI 2.0 9.95 –0.96 .5889 PimcoDynMultIn MFDX 2.7 26.91 –0.74 .21 ProShUltShS&P500 SDS .3 45.48 +4.02 .159 SPDRS&PInsurance KIE 1.9 39.86 –3.28 .2728 T.RowePriceUSHY THYF 8.9 50.32 –0.22 .363 VidentUSEquStrat VUSE 1.5 42.40 –2.01 .3888
KingsbarnTactBd KDRN 2.1 22.22 +0.13 .0908 PimcoDynMultUS MFUS 2.1 37.33 –1.89 .23 ProShUSSemi SSG .6 16.14 +0.96 .0894 SPDRS&PInternet XWEB ... 65.46 –6.37 ... T.RoweUltSTBd TBUX 2.7 48.72 +0.07 .1613 VirtusDuffClnEn VCLN .7 21.80 –1.03 .031
KnowldgLdrDevWld KLDW 1.7 37.64 –1.20 .6556 PimcoRafiESG RAFE 2.3 27.52 –1.33 .19 ProShUltShSilver ZSL ... 26.23 +1.73 ... SPDRS&PKenCleanPwr CNRG 1.2 85.04 –4.33 .3087 TechSelectSector XLK 1.0 135.77 –4.37 .3654 VirtusInfrUSPfd PFFA 10.2 19.14 –1.48 .165
KovitzCoreEquity EQTY .1 16.24 –1.01 .0133 PimcoSrLoanActive LONZ 6.2 49.62 –0.12 .324 ProShUltShSC600 SDD .3 24.88 +3.63 .0854 SPDRS&PKenFinalFr ROKT .5 40.44 –2.12 .0378 TeucriumAgriFd TAGS ... 30.47 –0.40 ... VirtusLifeSciBio BBC ... 22.61 –2.65 ...
KraneAPHiIncm KHYB 9.4 27.13 –0.15 .1766 PimcoShtTmMuni SMMU 1.7 49.45 +0.12 .105 ProShUltShTech REW .3 17.44 +1.04 .0481 SPDRS&PKenFut FITE .1 44.04 –2.86 .0186 TeucriumAgK1 TILL .7 34.19 –0.37 .2559 VirtusLifeSciBio BBP ... 45.93 –3.86 ...
KraneBBCnBd KBND 2.7 31.41 –0.05 .0633 Pimco0-5YHyCpBd HYS 5.4 89.69 –1.03 .45 ProShUltraSh20+ TBT .5 28.67 –2.16 .1359 SPDRS&PKenInt SIMS 1.4 33.53 –2.59 .0592 TeucriumAiLALS OAIA ... 24.39 –0.03 ... VirtusNewABS VABS 2.6 23.26 +0.08 .0648
KraneBoseraCnA50 KBA 2.1 25.58 –1.39 5.7098 PMVAdaptRisk ARP .1 24.75 –0.11 .0137 ProShUltShUtil SDP .5 12.90 +0.43 .0608 SPDRS&PKenNewEc KOMP 1.4 40.92 –3.05 .1533 TeucriumCornFd CORN ... 24.58 –0.78 ... VirtusNewfleetHYBd BLHY 6.5 20.91 +0.08 .1053
KraneCICCCnCnsmr KBUY 1.0 19.32 –1.21 .1964 PSYK ETF PSYK ... 16.31 –1.44 ... ProShUltShYen YCS ... 57.51 –0.69 ... SPDRS&PKenSmart HAIL 2.0 31.34 –3.52 .1215 TeucriumSoybeanFd SOYB ... 27.86 –0.32 ... VirtusNewMultiBd NFLT 4.5 22.05 +0.07 .1213
KraneCICCCn5GSemi KFVG .3 16.09 –0.51 .054 PacerAmEnInd USAI 5.5 25.97 –1.48 .12 PutnamBDC PBDC 12.3 27.07 –2.83 .916 SPDR S&P Metals XME 1.6 52.50 –6.58 .3518 TeucriumSugarFd CANE ... 10.85 +0.13 ... VirtusPrvCrd VPC 10.6 20.57 –1.66 .6452
KraneCICCChina KFYP 3.6 23.20 –1.10 1.0686 PacerIndRealEst INDS 2.5 38.24 –2.82 .3169 PutnamBioRev SYNB ... 25.66 –1.46 ... SPDRS&PNAmNatRscs NANR 2.9 51.28 –3.93 .9576 TeucriumWheatFd WEAT ... 6.93 –0.26 ... VirtusRealAsset VRAI 4.6 22.97 –1.27 .3738
KraneCSIChInt KWEB ... 28.22 –3.43 ... PacerCFRAStovall SZNE 1.1 35.70 –2.24 .1479 PutnamESGCoreBd PCRB ... 49.20 +0.92 ... SPDRS&POil&GasEq XES .4 80.24 –10.65 .0885 ThriventSmMCESG TSME .2 27.46 –2.21 .0418 VirtusReavesUtil UTES 2.3 43.69 –0.98 .309
KraneShCaliCarbon KCCA .3 23.93 –0.13 .0563 PacerFTSECnA50 AFTY 2.1 15.84 –0.88 .3295 PutnamESGHY PHYD ... 49.00 –0.71 ... SPDRS&PRegionalBkg KRE 2.9 50.69 –9.69 .4058 TimothyHiDiv TPHD 2.4 30.06 –1.75 .1035 VirtusSeixSrLoan SEIX 6.0 23.81 +0.05 .1601
KraneChinaInnov KGRO 3.6 14.97 –0.97 1.6455 PacerData&DigiRev TRFK 1.0 24.32 –0.96 .0895 PutnamESGUltSh PULT 2.0 50.18 –0.07 .1087 SPDR S&P Semi XSD .4 193.51 –9.90 .2022 TimothyHiDiv TPHE 2.9 22.67 –1.32 .074 VirtusStoneHarEMHY VEMY 11.6 24.82 –0.20 .2254
KraneCnInternet KLIP 48.9 21.11 –1.84 1.16 PacerData&Infr SRVR 1.7 28.56 –1.20 .1415 PutnamFocLCGrw PGRO .1 20.88 –0.85 .024 SPDRS&P600SC SLY 1.5 83.50 –6.91 .4092 TimothyIntl TPIF 2.5 24.03 –0.83 .0518 WBIBullBrQu3000 WBIL 1.0 27.20 –1.05 .2326
KraneElcVehicle KARS 1.1 29.03 –2.48 .3192 PacerIndls&Log SHPP 2.2 24.39 –0.96 .1103 PutnamFocLCVal PVAL .6 26.64 –1.70 .014 SPDRS&P600SCV SLYV 1.4 76.39 –6.91 .325 TimothyMktNeut TPMN .3 25.05 –0.18 .0592 WBIBullBrVal3000 WBIF 1.0 26.59 –1.25 .2309
KraneElecMtls KMET .1 25.55 –0.84 .0279 PacerLuntLCAlt ALTL 1.4 36.38 –3.02 .1696 PutnamPanESGEM PPEM ... 18.60 –0.19 ... SPDRS&PSC600ESG ESIX 1.5 25.52 –2.20 .1441 Timothy US LMC TPLC 1.1 33.04 –2.07 .0498 WBIBullBrYd3000 WBIG 1.8 22.23 –1.05 .0953
KraneEMCnsTech KEMQ ... 14.27 –1.06 ... PacerLuntLCMultAlt PALC 1.9 32.13 –1.61 .1362 PutnamPanESGInt PPIE ... 19.56 –0.36 ... SPDRS&PSft&Svs XSW .1 113.27 –10.31 .0679 Timothy US LMC TPLE 1.5 22.23 –1.38 .0346 WBIPwrFactorHiDiv WBIY 4.4 26.40 –1.72 .4078
KraneEMHlthcrIndex KMED .2 20.79 –0.61 .0456 PacerLuntMCMult PAMC 1.3 32.04 –2.99 .1175 PutnamSustFut PFUT ... 17.10 –0.82 ... SPDRS&PTelecom XTL .8 77.97 –3.60 .0113 Timothy US SC TPSC 1.1 30.96 –2.62 .0396 WealthDBSLTGrw WLTG .4 19.75 –0.96 .0868
KraneEuroCarbon KEUA ... 35.99 +2.49 ... PacerMetUSLC400 QDPL 7.2 29.01 –1.19 .5306 PutnamSustLdrs PLDR .6 21.32 –1.13 .134 SPDRS&PTransport XTN 1.0 73.25 –5.41 .0875 TortoiseNAPipeline TPYP 4.5 24.34 –1.14 .27 WedbushGlbCld IVES ... 29.66 –2.93 ...
KraneGlbCarbon KSET .6 6.06 ... .025 PacerMetUSLC300 TRPL 5.3 34.33 –0.96 .4673 QRAFT AI US LC QRFT .8 36.29 –1.69 .1203 SPDRSSGAFxScRt FISR 2.3 25.93 +0.32 .058 TouchstoneDivSel DVND 1.0 24.71 –1.08 .1326 WedbushVideoGm GAMR ... 56.79 –3.00 ...
KraneGlbCarbon KRBN 26.8 41.56 +2.21 8.3553 PacerPacAssetFR FLRT 6.4 45.68 ... .2716 QRAFTAIUSLCMom AMOM .7 27.08 –1.16 .0689 SPDR US LC Low Vol LGLV 2.0 131.17 –5.57 .7791 TouchstoneStrat SIO 4.0 24.80 +0.07 .0892 WisdTrUSDBull USDU 1.0 26.49 +0.21 .2754
KraneGlbCarbon KGHG .4 24.50 –1.36 .0999 PacerTrendFd TRND 1.8 26.24 –1.13 .4599 QraftAINxtValue NVQ 1.2 30.65 –2.43 .1673 SPDR SSGA US XLSR 1.8 38.51 –1.92 .1505 TrajanWealthIncm TWIO 4.5 8.73 –0.37 .1109 WisdTrChineseYuan CYB .8 25.03 –0.21 .2098
KraneHangSengTECH KTEC .2 11.93 –1.24 .0208 PacerTrendpilot PTIN .4 25.34 –0.93 .0988 QuadraticDeflation BNDD 40.3 15.99 +0.26 .0466 SPDR US SC LowVol SMLV 2.5 105.57 –7.45 .8787 TrueESGActOpps ECOZ .9 32.59 –1.64 .2799 WisdTrEmgCurr CEW .8 17.13 –0.09 .1341
KraneChinaHlthCr KURE .0 20.83 –1.01 .0104 PacerTrendUSBd PTBD 8.5 20.17 –0.34 .11 QuadIntRtVol IVOL 4.0 21.46 +0.45 .0637 SPDRSSgAGlbAll GAL 3.9 37.97 –0.96 .8447 TrueEagleGlb RNWZ .0 23.13 –0.11 .0024 WT EM EffCore NTSE 3.2 26.87 –0.77 .1542
KraneAllChina KALL 3.7 21.05 –1.48 1.2479 PacerUSCashCows BUL .7 33.78 –2.08 .08 RH Hdg Multi AMAX 9.8 7.72 –0.15 .0409 SPDRSSgAIncmAllctn INKM 4.9 29.99 –0.53 .5298 TrueShLowVol DIVZ 3.4 27.43 –1.18 .2625 WTEMxChinaFd XC 2.3 24.93 –0.67 .1414
KraneMSCICnClean KGRN .4 27.04 –1.87 .5382 PacerUSExportLead PEXL .6 38.98 –2.21 .0745 RHTactOutlook RHTX ... 12.68 –0.64 ... SPDRSSgAMultiAsset RLY 5.7 27.17 –1.13 1.0108 TrueTechAI LRNZ ... 24.96 –2.36 ... WisdTrEMxSOE XSOE 2.5 26.70 –1.17 .225
KraneMSCICnLdrs KESG 2.2 18.59 –1.44 .4034 Panag BBB-B CLO CLOZ 2.2 25.21 –0.18 .1679 RHTactRotation RHRX ... 11.74 –0.22 ... SPDRSSgAUltraShrt ULST 2.2 40.14 +0.06 .1259 UBS FIEnhGlbHY FIHD ... 197.86 –15.23 ... WisdTrEM HiDiv DEM 8.3 37.12 –1.15 .4308
KraneEMxChina KEMX 4.0 24.64 –0.74 .9905 PinnacleFocOpps FCUS ... 20.77 –1.41 ... RoboGlbAI THNQ ... 29.42 –2.40 ... SPFdsDJGlbSukuk SPSK 2.2 17.72 +0.11 .032 UBS FIEnhLCGrw FBGX ... 408.70 –35.90 ... WisdTrEMLocDebt ELD 5.1 26.52 +0.22 .11
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KraneSh1Belt1Road OBOR 4.8 22.36 –0.73 1.0786 PrincipalActHY YLD 6.6 17.95 –0.14 .0896 RoboGlbHlthTch HTEC ... 28.16 –2.35 ... SPFdsS&P500Sharia SPUS 1.2 26.61 –0.98 .026 UPARUltraRisk UPAR 4.6 13.81 –0.07 .093 WisdTrEMMulti EMMF 3.4 21.15 –0.41 .1553
KraneS&PPanAsia KDIV .9 25.69 –0.90 .2767 PrincInvGrdCp IG 7.1 20.74 +0.11 .0669 RoboGlblRobotics ROBO ... 51.70 –2.25 ... SPFdsS&PGlShar SPRE 4.2 19.05 –1.17 .067 USCFDivIncmFd UDI 3.1 24.49 –1.50 .0298 WisdmTrSCDiv DGS 5.2 45.03 –1.48 .3139
KraneSSEStr50 KSTR ... 15.63 –0.21 ... PrincipalRealEst BYRE 1.9 22.09 –1.66 .2202 RPAR RiskParity RPAR 3.9 19.19 –0.13 .0718 SRH US Quality SRHQ 1.1 26.60 –1.09 .0723 USCFGoldStrat GLDX 2.8 25.48 +0.29 .1185 WTEnhCmdStrategyFd GCC 23.5 17.43 –0.55 .0788
LeaderActivLdrs ACTV .3 29.49 –2.50 .0831 PrincipalSpectPfd PREF 4.7 17.04 –0.52 .0733 R3GlbDivGrw GDVD 1.8 22.13 –0.90 .1253 SchwabArielESG SAEF .6 20.63 –1.56 .0496 USCF Midstream UMI 4.7 32.95 –1.54 .4247 WisdTrEuropeHdg HEDJ 2.5 79.55 –2.61 .204
LeaderAlphaFactor LSAT .4 31.50 –2.18 .111 PrincipalTaxAdv PQDI 5.6 18.27 –0.28 .0855 RayliantQuanCn RAYC 1.6 17.30 –0.61 .2818 SchwabCryptoThem STCE 2.6 16.94 –2.30 .2229 USCF SummerDynCom SDCI 35.6 17.15 –0.44 .0375 WT EuropeHdgSC EUSC 4.7 34.19 –1.30 .1654
LeaderAlphaUSCore LSAF 1.0 30.00 –2.33 .1015 ProShBigDataRef DAT ... 22.38 –2.58 ... RayliantQuantalEM RAYE 5.6 19.02 –0.50 1.0726 SchwabEM Equity SCHE 2.9 23.75 –0.97 .6052 USCF SustBatMtl ZSB ... 24.08 –1.25 ... WT EurQualDiv EUDG 3.0 28.42 –0.82 .0536
LeaderSharesDynYd DYLD 1.8 22.29 +0.06 .0504 ProShBitcoin BITO 2.0 12.25 –1.44 .1009 RayliantQuanDevMkt RAYD 1.4 21.86 –1.01 .3075 Schwab5-10YCpBd SCHI 3.2 43.56 +0.23 .1295 USDivrsRealEst PPTY 4.4 27.50 –2.16 .2682 WisdTrEuropeSC DFE 5.5 58.15 –2.60 .4059
LeaderShEqSkew SQEW .4 27.91 –1.29 .1125 ProShDJBrkGlIn TOLZ 3.0 44.07 –1.47 .3304 RealEstSectorSPDR XLRE 3.8 36.10 –2.65 .4207 SchwabFundEmgLrg FNDE 5.5 25.37 –0.74 1.1233 USGlbGOGold GOAU 1.6 14.98 –0.97 .2401 WisdTrFRTrea USFR 2.5 50.38 +0.06 .187
LeatherbackL/S LBAY 3.0 27.14 –0.93 .075 ProShDecRetail EMTY .7 14.70 +0.55 .0957 RelativeSentTact MOOD 1.4 24.36 –0.57 .3441 SchwabFundIntLrgCo FNDF 2.9 30.66 –0.98 .6188 USGlobalJets JETS ... 19.16 –0.96 ... WisdTrGlbxUSQual DNL 4.6 33.49 –1.16 .1236
LeutholdCore LCR .7 28.86 –0.76 .2163 ProShHdgReplic HDG .4 48.06 –0.69 .1848 RenaissanceIPO IPO ... 26.14 –2.55 ... SchwabFundIntlSmCo FNDC 1.9 32.37 –1.02 .4891 USGlbSeatoSky SEA ... 14.64 –0.73 ... WisdTrGlbHiDiv DEW 3.9 46.14 –2.14 .3832
LifeGoalConsrv SAVN 2.8 8.74 –0.06 .0194 ProShInflationExp RINF 1.2 32.65 –1.09 .2159 RenaissanceIntlIPO IPOS ... 15.98 –1.05 ... SchwabFundUSBrd FNDB 2.0 52.40 –2.88 .2962 USValueETF USVT .9 25.58 –2.48 .2404 WisdTrGrwLdrs PLAT .1 26.39 –1.52 .039
LifeGoalHome HOM 3.0 8.45 –0.09 .0096 ProShLgOnline CLIX ... 30.19 –1.82 ... RevereSectorOpp RSPY .7 21.53 –0.63 .1476 SchwabFundUSLrgCo FNDX 2.1 53.11 –2.78 .3021 UVADivValue UVDV 1.8 9.17 –0.21 .0575 WisdTrIndiaEarn EPI 6.1 31.96 –0.42 .0002
ProShMSCITransform ANEW 1.0 32.00 –1.85 .3282 SchwabFundUSSmCo FNDA 1.3 48.25 –4.00 .2606 WisdTrIndiaxSOE IXSE 2.1 29.76 –0.18 .005
LifeGoalWealth WLTH 3.7 8.20 –0.23 .0105 ProShMetaverse VERS .5 30.92 –1.86 .0065 RivFrDynCoreIncm RFCI 2.5 22.20 +0.13 .0522 SchwabIntmUSTrsr SCHR 2.3 49.54 +0.77 .1157 UnlimitedHFND HFND .4 20.16 –0.66 .0875 WTIntlAIEnhVal AIVI 6.0 38.34 –0.97 .2519
LoganCapBrdInn LCLG .0 31.23 –0.84 .6091 ProShNanotech TINY .4 31.73 –1.42 .0524 RivFrDynUSDiv RFDA 3.5 40.98 –2.23 .1189 SchwabIntlDiv SCHY 3.6 22.71 –0.64 .5855 UtilitiesSelSector XLU 3.2 64.42 –1.83 .5722 WT IntlEffCore NTSI 2.5 33.07 –0.54 .0977
MatlsSelSector XLB 2.2 78.18 –6.42 .509 ProShOnDemand OND ... 20.41 –1.22 ... RivFrDynUSFlex RFFC 1.6 39.79 –2.42 .0839 SchwabIntEquity SCHF 2.7 33.50 –1.16 .6274 VSharesUSDiversity VDNI 1.4 20.88 –0.96 .1549 WisdTrIntlEquity DWM 4.2 48.89 –1.57 .3122
MatthewsAsiaInn MINV ... 23.48 –1.78 ... ProShOnlRetail ONLN ... 28.79 –2.35 ... RivFrStratIncm RIGS 2.8 22.68 +0.04 .0578 SchwabIntlSC SCHC 1.7 32.68 –1.34 .5605 VanEckAfrica AFK 3.7 15.64 –0.85 .5759 WT IntlHdgQual IHDG 4.1 37.40 –1.20 .1697
MatthewsCnActive MCH ... 22.97 –2.12 ... RobinAltYdSpac SPAX .9 21.06 +0.08 .1994 VanEckAgribus MOO 2.2 85.31 –5.35 1.8466
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

ProShS&P500Bd SPXB 3.3 74.26 +0.39 .2472 SchwabLTUSTrea SCHQ 2.9 37.08 +1.26 .1096 WisdTrIntlHiDiv DTH 5.5 37.39 –1.37 .2796
MatthewsEMEqu MEM .5 26.34 –1.29 .1405 ProShS&P500xEner SPXE 1.5 81.88 –3.88 .3714 RoundAcqDpVal DEEP 1.2 32.19 –2.55 .2424 SchwabMuniBd SCMB 2.6 51.54 +0.47 .1337 VanEckBDCIncm BIZD 11.3 14.08 –1.55 .4227 WisdTrIntlLCDiv DOL 4.3 45.84 –1.41 .2236
MatthewsEMxCn MEMX ... 24.55 –0.95 ... ProShS&P500xFin SPXN 1.3 81.96 –3.31 .2549 RoundBallMeta METV .1 8.30 –0.41 .0063 Schwab1-5YCpBd SCHJ 1.8 47.02 +0.13 .1039 VanEckBrazilSC BRF 4.1 13.44 +0.34 .5571 WisdTrIntlMC Div DIM 3.8 57.75 –1.78 .5198
MeetKevinPricing PP ... 20.99 –1.16 ... ProShS&P500xHlth SPXV 1.6 80.18 –2.49 .3875 RoundhillIODigInfr BYTE 1.0 9.02 –0.62 .0153 Schwab1000Index SCHK 1.6 37.34 –1.91 .1711 VanEckCLO CLOI 4.6 51.51 –0.02 .1732 WisdTrIntlMult DWMF 3.3 24.54 –0.41 .1966
MerkStagflation STGF 5.3 22.09 –0.20 .4104 ProShS&P500xTech SPXT 1.9 66.33 –2.60 .3725 RoundhillMeme MEME 2.4 5.81 –0.70 .1388 SchwabSrtTRmUSTrsr SCHO 1.8 48.22 +0.27 .1332 VanEckChinaBd CBON 2.5 22.13 –0.15 .0381 WisdTrIntlSC DLS 4.7 60.85 –1.87 .507
MicroSecEn3XInv WTID ... 32.31 +2.59 ... ProShSPGlbCoreBatt ION .5 36.73 –3.87 .0497 RoundSportsBet BETZ .6 15.64 –0.94 .0949 SchwabUS AggrBd SCHZ 2.7 46.18 +0.48 .1139 VanEckChinaGrwth GLCN 2.2 26.08 –1.29 .575 WT JapanHdg DXJ 2.7 70.97 –1.06 1.0647
MicroEnergy3XLvgd WTIU ... 18.47 –3.27 ... ProShS&PKenCln CTEX ... 33.15 –1.85 ... RoundhillVideo NERD .7 14.01 –0.58 .0965 SchwabUS BrdMkt SCHB 1.6 45.30 –2.41 .2117 VanEckChiNext CNXT ... 31.53 –0.94 ... WisdTrJapanSC DFJ 2.5 66.60 +0.19 .6612
MicroFang-3xInv BERZ ... 20.33 +2.23 ... ProShS&PKenSmF MAKX .3 33.34 –1.94 .0372 SPDRBlackSrLoan SRLN 6.0 41.39 –0.29 .25 SchwabUS Div SCHD 3.6 71.96 –3.61 .7034 VanEckDigIndia DGIN 1.0 28.08 –0.72 .27 WisdTrMgdFut WTMF 5.2 32.23 –0.47 .2229
MicroFang3xLvg BULZ ... 31.45 –4.14 ... ProShShBitcoin BITI .2 31.77 +3.06 .0072 SPDRBBCpBd SPBO 3.8 28.72 +0.20 .1081 SchwabUS LC SCHX 1.6 45.63 –2.29 .2124 VanEckDynHi INC 5.0 25.51 –0.79 .0855 WisdTrMtgPlBdFd MTGP 2.6 43.50 +0.50 .10
MicroFANG+ETN FNGS ... 22.93 –1.09 ... ProShShtDow30 DOG .4 34.82 +1.54 .1354 SPDRBlmCvSecs CWB 2.2 65.68 –2.09 .1537 SchwabUS LC Grw SCHG .5 59.13 –2.69 .0864 VanEckEgypt EGPT 1.6 17.22 –1.17 .2667 WT NewEconRlEst WTRE 9.8 16.39 –0.95 .10
MicroFANG-3XInvr FNGD ... 30.69 +3.80 ... ProShShXinhuaCh25 YXI .3 17.77 +1.31 .0473 SPDRBlmEMLocBd EBND 4.8 20.72 +0.03 .0816 SchwabUS LC Val SCHV 2.4 63.97 –3.53 .4646 VanEckEMHYBd HYEM 6.4 18.35 –0.10 .0868 WT PwStrategy PUTW 5.4 29.81 –0.98 .31
MicroFang+3x FNGU ... 66.05 –9.95 ... ProShShtFinls SEF .4 13.44 +1.08 .0509 SPDRBBEMUSDBd EMHC 5.1 23.45 –0.02 .0996 SchwabUS MC SCHM 1.7 66.20 –5.35 .3457 VanEckEnerIncm EINC 3.4 60.33 –2.96 .5616 WTUSAIEnhVal AIVL 3.1 88.50 –5.28 .6383
MicroSectFANG+2X FNGO ... 18.63 –1.84 ... ProShShortHY SJB .5 18.98 +0.34 .0873 SPDR Blm HY Bd JNK 6.3 90.03 –1.57 .5102 SchwabUS REIT SCHH 2.6 18.86 –1.39 .1681 VanEckEnvlSvs EVX .4 137.43 –7.94 .5588 WisdTrUSESGFd RESP 1.5 40.97 –2.20 .1826
MicroGold3XInvr GDXD ... 9.19 +1.19 ... ProShShMSCI EAFE EFZ .6 19.28 +0.59 .1146 SPDRBlmInCpBd IBND .8 27.55 +0.20 .0367 SchwabUS SC SCHA 1.3 41.14 –3.58 .2084 VanEckFutureofFood YUMY 1.5 17.52 –1.28 .256 WisdTrUSEff NTSX 1.3 32.85 –1.04 .1223
MicroGold3xLvgd GDXU ... 32.42 –6.08 ... ProShShtMSCI EM EUM .5 15.40 +0.68 .0699 SPDRBlmIntTrBd BWX 1.3 22.31 +0.20 .0301 Schwab US TIPs SCHP 6.6 52.55 +0.05 .431 VanEckGoldMin GDX 1.8 27.20 –1.43 .4762 WisdTrUSHiDiv DHS 3.8 81.53 –4.85 .195
MicroGold-3XInv DULL ... 23.58 –1.39 ... ProShShtMC400 MYY .4 24.72 +1.82 .0991 SPDRBlmInvGrdFR FLRN 2.8 30.60 +0.02 .1197 SrSecuredCredit SECD 4.8 19.92 +0.01 .08 VanEckGreenBd GRNB 2.7 23.14 +0.11 .0516 WisdTrUSLCDivFd DLN 2.7 59.71 –2.76 .09
MicroGold3XLvgd SHNY ... 26.08 +0.43 ... ProShShortQQQ PSQ .4 13.63 +0.50 .0509 SPDRBB1-10YTIPS TIPX 5.7 18.59 –0.02 .0263 SimplifyAggBdPlus AGGH 3.0 22.38 +0.40 .10 VanEckGreenMtls GMET ... 27.67 –2.73 ... WisdTrUSLCFd EPS 2.0 41.67 –2.14 .2228
MicroOil&Gas-3 OILD ... 28.86 +4.76 ... ProShShtRE REK .5 20.96 +1.52 .0973 SPDRBbg1-3MTB BIL 2.0 91.58 +0.07 .2553 SimplifyDevXUS EAFD 2.3 19.15 –0.53 .0729 VanEck IG FR FLTR 3.0 25.25 +0.02 .102 WisdTrUSMCDivFd DON 2.7 40.59 –3.21 .01
MicroOil&Gas3x OILU ... 39.92 –8.35 ... ProShShRuss2000 RWM .4 24.52 +1.97 .0959 SPDRBlSASBCpBd RBND .0 20.51 +0.13 .0517 SimplifyEMEqPlus EMGD 2.5 17.49 –0.65 .2138 VanEckIndiaGrw GLIN 1.7 32.44 –0.33 .5556 WisdTrUSMCFd EZM 1.5 49.39 –4.57 .2364
MicroTrav-3xILv FLYD ... 7.68 +1.58 ... ProShShrtS&P500 SH .3 16.03 +0.73 .051 SPDRBbgSASBDev RDMX .0 25.04 –0.52 .1381 SimplifyEnhIncm HIGH 5.1 25.26 +0.10 .15 VanEckIndonesia IDX 3.7 17.11 –0.47 .6316 WTUSQualGrowthFd QGRW ... 25.58 –1.10 ...
MicroTrav3xLv FLYU ... 30.45 –8.74 ... ProShSh7-10YrTr TBX .4 28.39 –0.56 .1153 SPDRBbgSASBEM REMG .0 22.89 –0.77 .1967 SimplifyHlthCare PINK .5 23.84 –1.43 .017 VanEckInfltn RAAX 1.5 24.43 –1.07 .3784 WisdTrUSSCDiv DES 2.8 28.85 –2.41 .015
MicroUSBigBk3X BNKD ... 11.74 +3.42 ... ProShShrtSC600 SBB .3 18.55 +1.60 .0581 SPDRBlmSTHYBd SJNK 6.2 24.37 –0.30 .1542 SimplifyHdgEq HEQT 2.0 22.88 –0.63 .808 VanEckIntlHYBd IHY 5.0 19.79 –0.26 .0779 WisdTrUSSCFd EES 1.1 43.36 –3.96 .2018
MicroUSBigBk3X BNKU ... 20.72 –9.53 ... ProShSh20+Tr TBF .4 21.44 –0.79 .0822 SPDRBlmSTInTr BWZ .6 26.53 –0.02 .0251 SimplifyHYPlus CDX 8.5 21.15 –0.17 .10 VanEckIsrael ISRA 1.4 35.43 –1.18 .4848 WisdTrUSTotalDiv DTD 2.8 58.87 –2.87 .08
MicrUSBigOil3InLv NRGD ... 353.93 +49.93 ... ProShSmMatls TINT 1.2 31.39 –2.39 .2026 SPDR 3-12MT-Bill BILS 2.4 99.25 +0.08 .3431 SimpfyIntRtHdg PFIX .9 62.19 –3.21 .10 VanEckJPMEMLCBd EMLC 5.6 24.58 +0.02 .1096 WisdTrUSValue WTV 1.7 57.74 –4.58 .3227
MicrUSBigOil3Lev NRGU ... 387.09 –65.73 ... ProShSupChain SUPL 3.7 36.62 –1.42 .2486 SPDRDoubleTRTact TOTL 4.7 40.71 +0.45 .1522 SimplifyMacro FIG 5.2 23.26 –0.38 .02 VanEckJrGoldMin GDXJ .6 32.88 –2.24 .1825 WT YdUSAggBd AGGY 3.0 43.19 +0.51 .125
MorganExosAct CSH ... 25.18 +0.02 ... ProShUltBscMtls UYM .9 21.85 –4.10 .0104 SPDRDJGlbRealEst RWO 3.7 40.28 –2.76 .4275 SimplifyMgdFut CTA 4.3 26.53 –0.66 1.111 VanEckLong/Flat LFEQ 1.2 35.16 –0.05 .4065 XtrkEMCarbonRed EMCR 2.3 25.68 –1.11 .4427
MotleyFoolCap100 TMFE .4 15.13 –0.56 .0588 ProShUltBlmCrude UCO ... 27.33 –2.18 ... SPDR DJIA Tr DIA 2.0 319.73 –14.48 .5522 SimplifyPropel SURI ... 21.85 –1.91 ... VanEckLowCarbon SMOG 1.3 112.39 –6.61 1.458 XtrkFTSEDevxUS DEEF 3.2 26.15 –0.66 .1996
MotleyFoolNext TMFX .2 14.35 –1.26 .0314 ProshUltBlmNatGas BOIL ... 5.09 –2.77 ... SPDR DJ REIT RWR 3.8 86.32 –6.86 1.0741 SimplifySTTrea TUA 3.9 24.29 +0.75 .10 VanEckMerkGoldTr OUNZ ... 18.12 +0.15 ... XtrksHarvCSI300 ASHR 1.1 28.66 –1.51 .3162
NeosEnhInAggBd BNDI 4.8 48.19 +0.40 .2005 ProShUltCnsGds UGE .7 15.86 –0.24 .0455 SPDREuroStx50 FEZ 2.8 42.61 –1.37 .1663 SimplifyStbIncm BUCK 4.1 25.09 ... .10 VanEckMtgREIT MORT 13.7 11.13 –1.21 .399 XtrksHarvCSI500 ASHS 1.8 31.99 –1.39 .5797
NeosEnhInCash CSHI 4.5 50.04 –0.03 .2355 ProShUltCnsSvs UCC .2 23.17 –2.38 .0558 SPDRIntGovBd WIP 9.9 41.55 +0.06 .1408 SimplifyTailRisk CYA 11.9 11.52 +1.46 .03 VanEckNatRscs HAP 3.4 48.13 –2.94 1.614 XtrksHiBetHYBd HYUP 7.2 38.84 –0.85 .2229
NationDJRiskMgd NDJI 7.7 19.60 –0.71 .118 ProShUltDow30 DDM .9 58.85 –5.62 .2345 SPDRFactSetInnTech XITK .1 107.75 –10.78 .0485 SimplUSConvex SPYC 1.3 25.46 –1.18 .0004 VanEckOilRefin CRAK 3.1 31.45 –1.24 .96 XtrkIntlRealEst HAUZ 2.0 20.79 –0.90 .2568
NationwideN100Risk NUSI 8.5 18.72 –0.47 .1243 ProShUlt Euro ULE ... 11.06 –0.04 ... SPDRGlobalDow DGT 3.0 104.49 –4.11 .6349 SimplUSPlusDown SPD 1.6 24.41 –1.00 .1969 VanEckOilSvcs OIH 1.0 294.39 –36.02 2.8887 XtrrsLowBetHYBd HYDW 5.0 44.24 –0.56 .1739
NationwideRuss2000 NTKI 7.5 19.95 –0.65 .1198 ProShUltFTSEEurope UPV ... 49.70 –3.88 ... SPDRGoldMini GLDM ... 37.13 +0.30 ... SimplUSPlusUp SPUC 1.5 26.29 –1.33 .1538 VanEckPfdxFin PFXF 6.1 17.41 –0.61 .0575 XtrksMSCIAllChina CN 1.8 28.92 –1.83 .5199
NationSP500RiskMgd NSPI 7.5 19.67 –0.56 .118 ProShXinhuaChina25 XPP ... 19.48 –0.07 ... SPDR Gold GLD ... 173.87 +1.38 ... SimplifyUSSCPlus RTYD 1.3 19.09 –1.52 .1672 VanEckRareEarth REMX 1.5 78.92 –8.66 1.1867 XtrksMSCIAWxUS HDAW 6.8 22.63 –0.57 .1655
NatixisShrtDur LSST 2.3 23.63 +0.05 .0581 ProShUltFinls UYG .8 42.60 –7.76 .2037 SPDR ICE Pfd PSK 6.3 33.89 –1.52 .1778 SimplifyVolPrem SVOL 18.2 21.49 –0.84 .32 VanEckSocSent BUZZ .4 13.56 –0.91 .0488 XtrksMSCIAWxUS DBAW 2.2 28.23 –0.92 .2437
NatixisUSEqOpps EQOP .4 26.30 –1.11 .7921 ProShUltraGold UGL ... 57.04 +0.72 ... SPDREAFEFossilFr EFAX 2.7 35.56 –1.10 .3217 SimplifyVoltCloud VCLO ... 4.64 –0.31 ... VanEckSteel SLX 4.5 63.65 –6.72 2.8767 XtrkMChinaAIncl ASHX 1.7 22.35 –0.99 .3829
NatixisVaughanMC VNMC 1.0 27.88 –1.82 .2904 ProShUltHlthCr RXL .4 78.42 –7.26 .2126 SPDRMSCIEAFEStrat QEFA 2.9 66.41 –1.87 .6596 SimplifyVoltRobo VCAR .7 7.18 –0.45 .0498 VanEckUranium NLR 2.1 53.65 –2.99 1.1093 XtrkESGLeaders EASG 2.4 26.75 –0.87 .2077
NatixisVaughanNel VNSE .3 25.40 –1.14 .0796 ProShUltraHY UJB .1 60.64 –0.07 .0314 SPDREMFossilFuelFr EEMX 2.4 28.87 –1.23 .5056 SmartAdvertising MRAD ... 13.11 –0.85 ... VangdExtMkt VXF 1.1 135.81 –11.97 .6783 XtrksMSCIHiDiv HDEF 5.3 22.36 –0.64 .0943
NETLeaseCpRlEst NETL 4.7 24.45 –1.81 .095 ProShUltIndls UXI .2 22.60 –2.63 .047 SPDRMSCIEMStrat QEMM 4.0 53.97 –1.65 1.5858 SmartApacDiv ADIV 2.9 13.48 –0.63 .12 VangdInfoTech VGT .8 347.95 –13.02 .872 XtrksMSCIEAFE DBEF 1.9 34.34 –1.04 .1397
NeubergerCarbon NBCT .9 23.81 –0.99 .2041 ProShUltBrazil UBR ... 20.58 –0.41 ... SPDRGenderDiv SHE 1.5 78.57 –3.95 .378 SmartDivBldr DIVS 1.9 22.98 –0.76 1.00 VangdMatrls VAW 1.9 172.87 –14.95 .9468 XtrksMSCIEMESG EMSG 2.2 23.40 –1.08 .2079
NeubergerCmdStr NBCM .8 21.93 –0.66 .1839 ProShUltMSCIEAFE EFO ... 37.09 –2.46 ... SPDRMSCIUSAStrat QUS 1.7 109.35 –4.59 1.0945 SmartTransport MOTO 2.1 38.15 –1.57 .82 VangdSC Grwth VBK .5 207.27 –17.25 .469 XtrksMSCIEM DBEM 2.6 21.57 –0.76 .2951
NeubergerDisr NBDS ... 18.97 –1.30 ... ProShUltMSCIEM EET .0 47.34 –4.45 .1073 SPDRMSCIWorldStrat QWLD 2.0 94.17 –3.36 .894 SmartSustEnerII SOLR .3 30.49 –1.07 .37 VangdSC Val VBR 2.0 158.56 –13.65 1.119 XtrksMSCIEurope DBEU 1.8 35.73 –1.39 .1428
NeubergerNxtGen NBCC .1 20.45 –1.02 .0212 ProShUltraJapan EZJ .5 30.05 –0.56 .1562 SPDR MktIG400CpBd LQIG 5.7 94.53 +0.42 .3774 SoFiNext500 SFYX 1.6 11.16 –1.02 .0925 VangdCommSvcs VOX .8 87.90 –4.87 .1956 XtrksMSCIEurozone DBEZ 1.5 38.81 –1.35 .5897
NewdayOceanHlthETF AHOY .4 18.40 –0.94 .0791 ProShUltMC400 MVV .9 47.87 –8.09 .2186 SPDR NYSE Tech XNTK .8 108.66 –5.43 .2262 SoFiSelect500 SFY 1.6 13.50 –0.75 .1145 VangdCnsmrDiscr VCR .9 235.11 –13.91 .661 XtrksMSCIGermany DBGR 2.3 30.13 –0.70 .6827
NicholasFixIncmAlt FIAX 1.5 19.97 –0.02 .0565 ProShUltOilGas DIG 1.5 36.94 –4.56 .257 SPDRNuvBBHYMuni HYMB 3.8 24.56 –0.05 .0873 SoFiSmartEner ENRG ... 15.43 –1.12 ... VangdCnsmrStpls VDC 2.5 184.07 –4.55 1.4418 XtrksMSCIJapan DBJP .7 52.09 –0.87 .0195
NiftyIndiaFinls INDF 3.3 30.18 –0.82 .993 ProShUltraQQQ QLD .3 40.17 –3.29 .1092 SPDRNuveenMuniBd TFI 2.0 45.81 +0.26 .0916 SoFiSocial50 SFYF 1.1 21.40 –1.47 .1612 VangdDivApp VIG 2.0 147.68 –6.45 .8687 XtrkMSCIKokusai KOKU 1.9 71.36 –2.02 .2974
NightSh500 NSPY 1.1 28.44 +0.10 .3119 ProShUltRE URE 1.3 53.98 –8.45 .3787 SPDRNuveenSTMuni SHM .7 46.93 +0.29 .0461 SoFiWeeklyDiv WKLY ... 44.94 –2.02 ... VangdEnergy VDE 3.9 114.60 –7.26 1.3611 XtrkUSAESGLdrs USSG 1.5 35.10 –1.80 .1693
NightSh5001x/1.5x NSPL .3 30.05 –1.40 .1937 ProShUltRus2000 UWM .4 31.01 –5.85 .1259 SPDRPtfAggBd SPAB 2.7 25.39 +0.28 .064 SoFiWeeklyIncm TGIF ... 93.19 –0.76 ... VangdExtDuratn EDV 3.0 90.27 +3.87 .6914 XtrksMuniInfra RVNU 2.8 24.51 +0.36 .0542
NightSh2000 NIWM .4 26.86 –0.18 .0951 ProShUltraS&P SSO .5 44.50 –4.43 .1815 SPDRPtfDevxUS SPDW 3.0 30.89 –1.09 .3421 SonicGlbShip BOAT 12.2 30.82 –1.42 .6499 VangdFTSEAWxUS VEU 3.0 51.55 –1.92 .6186 XtrkNzPathPAUS USNZ 1.0 24.88 –1.86 .0751
NobleAbsRet NOPE ... 10.70 +1.02 ... ProShUltSemi USD .2 23.06 –1.61 .0493 SPDRPtfEM SPEM 3.4 33.09 –1.29 .6539 SoundEnhFixed SDEF ... 17.08 –0.64 ... VangdAWxUSSC VSS 2.2 106.33 –4.19 1.8275 XtrkRiskMgdUSD HYRM 5.6 21.91 –0.39 .097
NuvDivGrowth NDVG 1.4 23.94 –0.72 .0887 ProShUlt7-10Trs UST .5 48.22 +2.04 .2209 SPDR PtfEurope SPEU 2.9 36.67 –1.40 .1366 SoundEquIncm SDEI 4.3 24.81 –1.49 .1438 VangdFTSEDevMk VEA 2.8 43.60 –1.57 .4895 XtrkRuss1000USQu QARP 1.7 37.10 –1.50 .1863
NuvESGHYCorpBd NUHY 6.5 20.12 –0.40 .0961 ProShUltSilver AGQ ... 22.74 –1.76 ... SPDR PtfHYBd SPHY 6.7 22.38 –0.33 .1328 SparkIntangVal ITAN .5 21.07 –1.19 .1144 VangdFTSE EM VWO 4.1 39.12 –1.57 .6347 XtrkRussUSMulti DEUS 1.7 41.85 –2.35 .2526
NuvESGUSAggBd NUBD 2.9 21.98 +0.23 .0481 ProShUltSC600 SAA .1 21.01 –3.70 .0683 SPDRPtfIntermCpBd SPIB 2.9 31.97 +0.11 .0964 SPDR DJRlEst RWX 4.2 25.93 –1.26 .273 VangdFTSE Europe VGK 3.1 58.67 –2.22 .3979 XtrkS&P500ESG SNPE 1.6 34.87 –1.62 .178
NuvEnhYd1-5Y NUSA 2.5 22.79 +0.11 .0448 ProShUltTech ROM ... 27.42 –1.94 ... SPDR PtfIntTrea SPTI 1.7 28.43 +0.45 .055 SPDR MSCI exUS CWI 3.1 24.72 –0.89 .35 VangdFTSE Pac VPL 2.7 65.63 –1.76 1.026 XtrkS&PMC400ESG MIDE 1.3 24.95 –2.00 .1197
NuvEnhYdUSAgg NUAG 3.7 20.73 +0.19 .0598 ProShUltTelecom LTL 2.1 30.54 –2.05 .206 SPDRPtfLTCorpBd SPLB 4.5 23.03 +0.23 .0914 SpdrSPIntDiv DWX 4.6 33.21 –0.90 .2432 VangdFinls VFH 2.4 79.66 –8.19 .6167 XtrkS&PSC600ESG SMLE 1.4 23.17 –1.57 .1276
NuvGrowthOpps NUGO .2 18.24 –0.77 .0453 ProShUlt20YrTr UBT .3 26.94 +1.82 .0721 SPDRPtfLgTermTrea SPTL 2.7 30.56 +1.04 .0691 SPDR S&PMdCpTr MDY 1.3 447.95 –35.59 1.6655 VangdGrowth VUG .7 226.75 –10.44 .4483 XtrksShDurHYBd SHYL 5.6 42.74 –0.56 .1829
NuvSCSelect NSCS .4 21.04 –1.54 .0751 ProShUltraUtil UPW 1.9 57.36 –3.38 .4491 SPDR PtfGSM SPGM 2.3 47.45 –2.15 .5667 SPDR S&P Biotch XBI ... 75.66 –7.93 ... VangdHlthCr VHT 1.4 228.23 –10.89 .9796 XtrksUSDHYCpBd HYLB 5.6 33.67 –0.60 .1578
NuvWinLCGrw NWLG ... 18.72 –0.51 ... ProShUltraYen YCL ... 32.26 +0.46 ... SPDRPtfMtgBkdBd SPMB 3.0 21.85 +0.21 .0578 SPDRS&PChina GXC 2.7 77.58 –5.85 1.3326 VangdHiDiv VYM 3.1 103.32 –5.19 .9745 YieldMaxInnvOpt OARK 49.1 14.94 –2.41 .7691
OneAscentCore OACP 3.2 22.80 +0.21 .0614 ProShUltDow30 UDOW .9 49.70 –7.28 .1821 SPDRS&P500Value SPYV 2.2 38.97 –2.17 .2375 SPDR S&P Div SDY 2.6 120.63 –6.72 .89 VangdIndls VIS 1.5 187.00 –9.87 .8273 YieldMaxTSLAOpt TSLY 51.9 14.65 –2.72 .9023
OneAscentEM OAEM .0 26.76 –1.11 .0104 ProShUltMC400 UMDD .5 17.59 –4.61 .0315 SPDRPtfS&P1500 SPTM 1.7 47.76 –2.40 .2161 SPDR SP EmAsPac GMF 2.5 96.79 –4.32 1.7441 VangdIntermBd BIV 2.5 75.24 +1.14 .1631 ZegaBuy&Hedge ZHDG ... 15.82 –0.54 ...
 March 13, 2023 BARRON’S 55

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA

About Our Funds
The listings include the top 1250 NOTICE TO READERS: Closed End Fund listings have moved to

Cash Track
open-end funds by assets. These
funds value their portfolios daily barrons.com/cefund. They will no longer appear in print. The
and report net asset values (the
dollar amount of their holdings Herzfeld chart has moved to the Market Lab Newsletter. To sign
divided by the number of shares
outstanding) to the National up for the newsletter, go to barrons.com/newletters. Cash Sorting: Even the brokerage Charles Schwab warned that its clients were sorting cash from stocks
Association of Securities Dealers.
Total returns reflect both price to money markets. Average weekly outflows in the past month at equity funds remained at $5.2 billion. Tax-
changes and dividends; these Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. able-bond funds averaged inflows of $3.3 billion, but muni-bond funds saw their inflows turn to outflows of
figures assume that all distribu- NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
tions are reinvested in the fund. LtdTEBdA 15.07 0.07 0.5 -2.3 CorePlusBond 8.81 0.09 1.9 -6.2 IntlCoreEq 14.13 -0.46 4.6 35.6
$300 million. Some of that cash went to money-market funds, where inflows swelled to $17.8 billion.
Because Lipper is constantly up-
dating its database, these returns N PerA 49.09 -2.20 3.8 33.9 Intl Eq 11.30 -0.36 5.4 17.0 IntlREst 3.66 -0.14 -1.3 -10.9
may differ from those previously NEcoA 45.03 -2.17 3.5 17.6 LargeCapGrowth 17.40 -0.83 1.8 32.7 IntlSustCore1 11.09 -0.35 4.3 27.9 Equity Funds Municipal Bond Funds
published or calculated by others. NwWrldA 67.82 -2.57 2.0 17.8 LargeCapValue 14.79 -0.79 -1.5 51.9 IntlVal 18.75 -0.70 5.5 52.0
3 year returns are cumulative. The SmCpA 57.89 -3.57 3.2 24.6 MunicipalBond 9.76 0.06 1.2 -2.7 IntlVectorEq 12.43 -0.39 5.0 40.7 1900 1600
NAV is the last reported closing STBFA 9.44 0.04 0.4 -2.8 S/MCapGrowth 12.01 -0.91 2.2 27.5 IntSmCo 18.16 -0.54 4.2 34.1
price for the week. Footnotes: NA: -3700 500
not available. NE: performance STTxExBdA 9.82 0.04 0.3 -1.4 S/MCapValue 12.38 -0.99 0.1 50.2 IntSmVa 19.85 -0.58 5.5 43.7
excluded by Lipper editor. NN: fund TECAA 16.32 0.12 1.2 -4.7 Brown Advisory Funds: IntTermMuni 9.91 0.06 0.4 -2.2
not tracked. NS: fund not in TxExA 12.13 0.08 1.2 -4.4 GrwthEquityInst 22.07 -1.21 1.9 11.3 IntVaIII 16.14 -0.61 5.4 52.5 -9300 -600
existence for whole period. e: ex WshA 50.35 -2.27 -3.2 40.0 ITExQual 9.29 0.11 2.0 -10.1
capital gains distributions. f:
previous day’s quote. n: no front- AMG Managers Funds: C LgCo 26.38 -1.26 0.9 40.4 -14900 -1700
or back-end sales charge. p: fund YachtmanFocFd I 18.05 -0.88 0.1 43.6 LgCpIntl 24.12 -0.77 4.3 31.9
assets are used to pay marketing YacktFocFd N n 18.12 -0.88 0.1 42.7 Calamos Funds: SclCrEqInst 13.04 -0.43 5.3 32.2 -20500 -2800
and distribution costs (12b-1 fees). MktNeutI 14.00 -0.08 1.7 9.5 STExQual 10.16 0.04 0.8 -3.2
r: fund levies redemption fee or YacktmanFd I 21.08 -1.11 -0.2 45.9 Jan Feb Mar Jan Feb Mar
back-end load. s: stock dividend or Angel Oak Funds Trst: Calvert Investments: STGov 9.84 0.01 0.7 -4.8
split of 25% or more. t: fund charges AglOkMtiStFdClIn 8.48 NA NA NA Eq A 64.99 -2.88 -1.8 36.4 STMuniBd 10.08 0.01 0.5 0.4
12b-1 fees (for marketing and AQR Funds: Carillon Scout: US CoreEq1 30.05 -1.70 0.9 48.5 Money Market Funds Taxable Bond Funds
distribution) and a back-end load.
v: capital-gains distribution may be LgCapDefStyle I 24.23 -0.87 -3.1 27.4 MidCap I 19.04 -1.35 -1.7 39.0 US CoreEq2 27.38 -1.60 0.8 51.9 19000 6900
a return of capital. x: ex cash CausewayInst : US Micro 23.34 -1.86 2.0 67.7
Ariel Investments:
dividend. US Small 39.42 -3.07 1.8 63.6 13500 3200
Ariel Inv n 64.89 -5.39 4.1 50.9 CausewayInst 17.60 -0.26 10.5 49.4 US SmCpVal 39.66 -3.32 0.9 92.4
Net YTD 3-Yr. Artisan Funds: CIBC Atlas:
NAV Chg. % Ret. % Ret.
US TgdVal 27.80 -2.35 1.5 91.0 8000 -500
GblOppInst 27.54 NA NA NA DispEq Inst 24.03 NA NA NA USLCpGr 25.54 -0.95 0.0 41.9
A Intl Inv n 24.88 NA NA NA ClearBridge: USLgVa 40.79 -2.50 -1.7 48.0
IntlInst 25.01 NA NA NA AggressGrowthA 97.33 -6.55 1.0 9.3 USLgVaIII 26.70 -1.64 -1.7 48.3
2500 -4200
AAM: IntlVal Inst 41.05 NA NA NA AllCapValueA 11.89 -0.91 -2.4 38.8 USSoCoreEq2 19.70 -1.22 2.3 47.8
IntlVal Inv n 40.91 NA NA NA AppreciationA 26.43 -1.03 -1.7 36.0 USSustCoreI 30.55 -1.79 1.3 46.8
-3000 -7900
B&GIncGroClI 21.26 -0.91 -4.0 30.5
AB Funds: MidCapInst 36.33 NA NA NA DividendStrat1 n 25.86 -1.26 -3.3 39.0 USVectorEq 21.45 -1.62 0.6 59.2 Jan Feb Mar Jan Feb Mar
MidCapInv n 30.45 NA NA NA DividendStratA 25.83 -1.26 -3.4 37.7 Dodge & Cox:
CapFdInc.LCapGow 71.65 -2.73 2.6 32.3
LargeCapGrowthA42.69 -1.94 6.8 23.9 Balanced n 93.45 -3.40 0.1 37.8 A red chart indicates a lower value than the starting period. Green means it's higher than the starting period.
IntlStraEquPtZ 11.05 -0.44 5.1 15.9 B LargeCapGrowthI 49.73 -2.26 6.8 25.0 Dodge & Cox n 10.28 0.02 2.0 6.7 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI
MuniIncmShares 10.97 0.09 2.1 1.2
AB Funds - A: SmallCapGrowthIS 38.10 -3.33 2.1 35.9 GblStock n 12.82 -0.74 1.7 55.5
Baird Funds:
Cohen & Steers: Income n 12.42 0.09 1.9 -3.0
LgCpGrA 63.76 -2.43 2.6 31.1 AggBdInst 9.73 0.12 1.8 -9.1 Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
RelatValA 5.77 -0.29 -1.5 45.5 GlbRltyI 47.97 -3.09 -0.9 -0.5 Intl Stk n 44.51 -1.86 3.2 38.1
CorBdInst 10.00 0.11 1.8 -7.5 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
AB Funds - ADV: InstlRlty 41.99 -3.07 -1.3 9.2 Stock n 212.12-13.75 -1.7 60.9
IntBdInst 10.15 0.09 1.1 -5.0 LgCpVlIdxIstPrem n 14.45 -0.84 -2.4 38.1 FF2030 n 14.99 -0.34 2.5 20.1 EqDivIncm n 25.43 -1.25 -0.7 46.3 SrsIntlVal 10.43 -0.38 4.0 45.2
PrefSecIncnI 11.79 -0.37 1.3 0.8 DoubleLine Funds:
GlbBd 6.80 0.06 1.8 -8.0 ShtTBdInst 9.26 0.04 0.9 -0.4 LTTrsBdIdxInstPr n 10.67 0.36 5.8 -30.2 FF2035 n 12.89 -0.39 2.5 26.9 Fidel n 59.45 -2.19 2.0 34.1 STBF n 8.24 0.03 0.8 -1.3
RltyIncI 15.00 -1.11 -1.1 8.4 CoreFxdIncmI 9.35 0.10 2.5 -8.3
HiIncmAdv 6.61 -0.05 2.7 4.9 Baron Funds: MidCpInxInstPrem n 26.03 -1.94 0.4 39.0 FF2040 n 9.12 -0.35 2.6 31.2 FltRateHi n 9.12 -0.02 3.0 16.1 StkSelSmCp n 28.64 -2.43 2.2 50.0
RltyShs n 57.64 -4.22 -1.4 8.6 LowDurBdI 9.45 0.03 1.4 0.8
IntlStraEquPtADV 11.03 -0.44 5.0 16.0 Asset n 86.50 -6.24 -0.4 21.7 OTCK6Port 14.78 -0.65 5.1 40.5 FF2045 n 10.47 -0.41 2.5 31.2 FocsdStk n 23.55 -1.10 -0.4 32.9 StkSlcACap n 56.68 -3.12 1.9 41.4
Colorado BondShares: ShillerEnhCAPEI 12.04 -0.76 2.8 31.2
LgCpGrAdv 71.74 -2.73 2.6 32.1 Growth n 87.90 -6.06 3.4 41.7 RealEstIdxInst n 14.24 -1.09 -2.0 -0.3 FF2050 n 10.59 -0.42 2.5 31.2 FournOne n 48.08 -1.72 2.2 26.8 StratDivInc n 15.27 -0.58 -0.6 29.3
ColoradoBdShs 8.64 0.05 1.6 5.6 TotRetBdI 8.83 NA NA NA
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

SelectUSLgShrt 12.07 -0.27 -1.8 21.8 Partners n 125.00-14.72 12.0 112.2 SAIUSLgCpIndxFd 16.96 -0.80 0.9 40.5 Free2055 n 12.27 -0.49 2.5 31.1 GNMA n 10.12 0.08 1.0 -9.0 TaxFrB n 10.73 0.08 1.6 -4.7
SmMidCpValAdv20.54 -1.76 1.4 54.5 Columbia Class A: TotRetBdN n 8.83 NA NA NA Free2060InstPrem 14.02 -0.54 2.0 26.1 GovtInc n 9.22 0.12 1.4 -12.5 TotalBond n 9.48 0.09 2.4 -4.6
Baron Instl Shares: SeriesBondFd 8.96 0.10 1.6 -10.2
Aberdeen Fds: BalancedA 41.20 -0.94 1.6 19.7 SeriesOverseas 11.41 -0.37 5.1 27.2 Freedom2015 K 10.51 -0.12 2.1 11.0 GroCo n 23.85 -1.26 6.0 51.9 TotalBond K6 8.82 0.08 2.3 -4.0
AssetInst 91.38 -6.59 -0.3 22.6 E
EmMktEqty Inst 12.52 -0.52 0.2 3.7 ContCoreA 24.57 -1.15 1.2 37.8 SerLTTreBdIdx 6.16 0.21 5.7 -30.3 Freedom2020 K 13.05 -0.20 2.4 13.8 GroInc n 48.20 -2.34 1.3 56.2 Trend n 115.64 -5.33 7.4 34.9
EmergingMktsInst 12.74 -0.67 -2.3 -1.0
Advisers Inv Trst: DisplCoreA 11.15 -0.53 1.9 40.1 Eaton Vance Class A: SmCpIdxInstPrem n 21.91 -1.91 1.0 36.6 Freedom2020K6 12.99 -0.20 2.4 14.1 GrowCoK 23.96 -1.27 6.0 52.2 Value n 12.59 -1.19 0.8 76.3
GrowthInst 92.59 -6.39 3.5 42.8
DivIncA 27.79 -1.22 -3.9 38.6 STBdIdx InstPrem n 9.50 0.06 0.6 -3.8 Freedom2025 K 11.99 -0.23 2.5 16.4 GrStrt n 48.05 -2.86 2.9 25.9 ValueDisc n 33.54 -1.58 -4.6 46.1
Balanced n 79.07 NA NA NA PartnersInst 129.89-15.29 12.1 113.9 TMG1.1 75.50 -3.37 1.4 40.3
DivOpptyA 33.40 -1.80 -4.1 40.1 STTreIdx InstPre n 9.88 0.08 0.6 -4.8 Freedom2025K6 11.94 -0.23 2.4 16.7 GwthDiscovery n 41.62 -2.10 2.0 43.5 Wrldw n 25.44 -1.09 1.2 28.3
Growth n 95.08 NA NA NA SmallCapInst 27.93 -2.18 5.5 33.9 Eaton Vance Class I:
LgCpGrowA 43.04 -1.74 3.8 28.9 TMktIdxInstPrem n 107.14 -5.76 1.1 39.2 Freedom2030 K 14.98 -0.34 2.5 20.4 HighInc n 7.31 -0.07 1.4 1.2 Fidelity SAI:
Akre Funds: Bernstein Fds: AtlCpSMID 33.47 -2.06 -2.0 43.0
LgCpVl A 14.33 -0.77 -3.4 41.5 TotalMarketIndex n 13.50 -0.72 1.1 40.0 Freedom2030K6 14.92 -0.34 2.5 20.8 IntBd n 9.94 0.09 1.3 -4.9 FidSAIEmgMktIndx 12.21 -0.52 0.2 4.3
AkreFocusInst 47.99 -2.41 -0.2 17.8 DivrMuni n 13.72 0.06 1.1 -1.0 LiGoBalA 9.95 -0.26 1.3 15.2 FltgRt 8.32 -0.02 3.2 11.6 Freedom2035 K 12.88 -0.39 2.5 27.3
TtlIntIdxInstPr n 12.06 -0.40 3.0 22.1 IntlDisc n 40.67 -1.31 2.6 18.6 FidSAIIntlIndxFd 12.29 -0.34 4.6 27.2
AkreFocusRtl 46.24 -2.33 -0.2 16.9 IntmDur n 11.39 0.14 1.8 -10.0 SelgComuInfoA 88.22 -4.17 7.9 66.4 GblMacAbR 8.22 0.00 2.0 9.9 Freedom2035K6 12.84 -0.39 2.6 27.7
USBdIdxInstPrem n 10.29 0.12 1.6 -10.1 IntlEnhIdx n 9.80 -0.27 4.7 26.6 IntlValIdx 8.85 -0.25 6.4 37.6
AmanaGrowth n: BlackRock Funds: TaxEA 11.61 0.10 1.4 -7.9 IncBos 4.90 -0.05 1.7 9.9 Freedom2040 K 9.12 -0.35 2.5 31.5
USSusIdx n 16.78 -0.87 0.7 38.2 IntlGrRet n 16.59 -0.60 4.2 20.0 LowDurationInc 9.96 0.01 1.1 NS
AmanaGrowth n 57.42 -2.05 0.4 51.0 CoreBd Inst 8.25 0.00 1.0 -10.1 Columbia Class Adv: NatlMuniInc 9.13 0.08 1.7 -4.2 Freedom2040K6 9.08 -0.34 2.6 32.2 IntlSmCap n 28.29 -0.70 5.8 32.2
Fidelity Adv Focus A: SAIEmgMktLoVolIx 9.84 -0.17 0.6 17.0
Amer Beacon Insti: HiYBlk 6.71 -0.06 2.3 8.9 DivIncom 28.35 -1.25 -3.8 39.6 Edgewood Growth Instituti: Freedom2045 K 10.46 -0.42 2.5 31.5 IntMu n 9.95 0.05 0.9 -2.4
HthCarA 55.08 -3.18 -4.7 18.9 SAIInflaFocFd 9.17 -0.31 -6.3 61.7
HiYldBd Inst 6.70 -0.06 2.1 8.4 EdgewoodGrInst 33.11 NA NA NA
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

SmCpInst 22.81 -2.05 1.7 66.9 Columbia Class C: TechA 70.05 -3.01 12.7 55.3 Freedom2045K6 10.41 -0.42 2.6 32.0 InvGB n 7.17 0.07 2.2 -6.6 ShortTermBd 9.51 0.04 0.8 NS
American Century G: InflProtBdInst 9.81 -0.12 0.6 4.1 Freedom2050 K 10.58 -0.42 2.5 31.6 InvGrBd 10.00 0.11 2.3 -4.7
DivInc 26.80 -1.18 -4.0 35.5 Fidelity Advisor: TotalBd 8.96 0.08 2.3 -4.3
LowDurI Inst 8.84 -0.01 0.3 -1.7 F Freedom2050K6 10.56 -0.42 2.6 32.2 LargeCap n 38.44 -1.92 2.3 56.2
GlBond 8.53 0.11 2.2 -7.9 Columbia Class I: SrsAdvIntlCapApp 24.91 -0.75 6.5 17.7 TxFreeBd 9.79 0.07 1.4 -5.1
Sustain Equity 39.10 -1.80 0.9 43.0 BlackRock Funds A: Freedom2055 K 12.27 -0.49 2.5 31.5 LCapCrEIdx n 17.95 -0.81 0.5 43.2
Acorn I 9.40 -0.72 4.8 11.3 FAM Value: StragInc n 10.99 0.01 1.8 3.8 U.S.TreBdIdx 8.78 0.14 1.9 -12.5
American Century I: AdvLgCapCore 15.36 -0.78 0.9 36.4 Freedom2055K6 12.24 -0.49 2.5 32.1 LCapGrEIdx n 23.84 -1.03 4.1 41.7 USValueIndex 10.49 -0.74 -0.9 49.9
Balanced I 41.11 -0.94 1.7 20.6 FAMValue n 81.84 -4.52 -0.8 29.7 TotBdFdClZ 9.46 0.08 2.3 -4.4
EqInc 8.53 -0.35 -2.7 28.5 CapAppr 23.51 -1.05 5.7 14.8 Idx2020InsPre 14.37 -0.22 1.9 10.1 LevCoSt n 32.32 -1.99 3.6 53.9 Fidelity Selects:
ContCore I 24.86 -1.16 1.3 38.9 Federated Hermes A: Fidelity Advisor A:
EqtyDivd 17.90 -0.98 -1.6 40.3 Idx2025InsPre 16.23 -0.30 2.0 12.4 LgCpVHIdx n 13.94 -0.77 -2.7 43.0
Growth 38.45 -1.58 5.1 33.5 DivIncom I 27.82 -1.22 -3.8 39.6 BalancA 22.68 -0.58 2.7 29.1 Biotech n 15.02 -1.19 -7.7 1.1
GlblAlloc 16.59 -0.31 0.8 16.0 StrValDivA p 5.49 -0.25 -4.6 31.9 Idx2030InsPre 17.14 -0.38 2.0 15.9 LmtTrmMuniIncm n 10.16 0.04 0.4 -2.0
IntTF 10.69 0.07 1.1 -2.5 LgCpIdx I 45.07 -2.15 0.9 39.9 EqGrA p/r 12.95 -0.64 2.0 42.6 DfAero n 15.66 -0.68 0.7 23.5
HlthScOp 60.66 -2.58 -7.6 22.5 Federated Hermes Int: Idx2035InsPre 19.10 -0.56 2.0 22.1 LowP n 46.05 -2.26 -0.3 54.0
MdCapVal 15.26 -0.89 -1.2 48.2 SelComunInfo 102.17 -4.83 8.0 67.6 GrOppA 93.42 -5.32 5.7 30.0 Energy n 54.02 -3.53 -3.7 188.6
MdCpGrA 26.67 -1.75 4.5 15.9 InsHiYld 8.36 -0.09 1.8 5.8 Idx2040InsPre 19.35 -0.71 2.1 26.1 LowPriStkK 45.99 -2.25 -0.3 54.4
SmCapVal 9.43 -0.81 3.2 70.8 SelLCVal 30.15 -1.79 -3.5 60.5 NwInsghtA 25.82 -1.06 2.7 25.7 Gold n 21.44 -1.24 -4.5 -0.2
MultiAstIncome 9.61 -0.12 1.7 5.9 TtlRtnBdI 9.53 0.10 1.3 -4.8 Idx2045InsPre 20.09 -0.78 2.0 26.1 LowPriStkK6 14.02 -0.67 -0.2 54.4
American Century Inv: StratInc I 20.79 0.11 2.1 1.8 StrInA 10.83 0.01 1.7 2.9 Health n 26.35 -1.52 -4.6 22.7
NatlMuni 10.04 0.10 1.6 -4.6 Federated Hermes IS: Idx2050InsPre 20.13 -0.77 2.1 26.1 LtdTmBdFd n 10.87 0.05 1.0 -2.6
DiscCoreVal n 29.82 -2.06 -2.8 32.9 Columbia Class I2: Fidelity Advisor Fun: HlthCareSrvPt r n 119.82 -6.13 -9.2 36.9
ScTechOppA 37.25 -1.85 9.0 26.6 KaufmnSCI 41.47 -3.53 -0.2 10.8 Idx2055InsPre 16.56 -0.64 2.0 26.1 Magin n 10.94 -0.46 2.3 28.0
EqGro n 22.08 -1.15 0.0 24.4 DivIncom 28.32 -1.24 -3.8 39.9 ITSvs n 53.08 -3.01 1.0 1.7
TotRet 10.04 0.12 2.3 -8.7 StraValDivIS 5.53 -0.26 -4.5 32.9 InterDiscZ 40.47 -1.30 2.6 19.0 Idx2020 Premier 14.37 -0.21 2.0 NS MAMun n 11.19 0.08 0.9 -5.6
EqInc n 8.52 -0.35 -2.7 27.9 Columbia Class I3: MdTchDevis n 60.46 -3.47 -1.8 29.0
BlackRock Funds III: UltraShortI 9.03 0.02 1.3 2.4 Fidelity Advisor I: Idx2025 Premier 16.22 -0.31 2.0 NS Manager40 n 11.60 -0.16 1.8 11.8
Grwth n 37.33 -1.53 5.1 32.7 Retail n 16.02 -0.74 0.8 29.9
iShS&P500IdxK454.02-21.54 0.9 40.6 ContCore I3 25.51 -1.19 1.2 39.4 Federated Hermes R: BalancI 23.27 -0.60 2.7 30.0 Idx2030 Premier 17.13 -0.38 2.0 NS Manager60 n 13.22 -0.33 1.9 18.9
Heritage n 18.89 -1.45 3.3 30.4 Semiconductors r n 18.31 -0.68 25.3 113.3
iShUSAggBdIdxK 9.00 0.10 1.7 -10.5 DivIncom 28.37 -1.25 -3.8 40.0 ConsvIncmMuni I 9.98 0.01 0.5 1.3 Idx2035 Premier 19.10 -0.56 2.0 NS MidCap n 37.22 -2.50 -0.6 55.1
MdCapVal n 15.24 -0.88 -1.2 47.3 KaufmnR 4.53 -0.27 -3.0 -5.2 Softwr n 20.61 -1.06 4.8 32.8
BlackRock Funds Inst: Credit Suisse Common: EqGrI 14.97 -0.74 2.0 43.6 Idx2040 Premier 19.34 -0.71 2.1 NS MidCapEnIdx n 15.56 -1.11 0.7 44.6
OneChMod n 13.08 -0.37 1.6 18.9 Federated Hermes R6: Tech n 20.15 -0.87 12.9 47.3
ComdtyRet 23.39 NA NA NA FAInvGrdI 7.18 0.08 2.2 -6.7 Idx2045 Premier20.09 -0.77 2.0 NS MidCapStkK 37.26 -2.50 -0.6 55.5
Select n 79.40 -3.18 5.4 33.2 AdvLgCapCore 16.25 -0.82 0.9 37.5 FedInstHYBondL 8.37 -0.08 1.9 5.8 UtilGr n 96.93 -2.57 -8.2 20.3
FltRatel 9.11 -0.02 2.9 16.0 Idx2050 Premier 20.12 -0.78 2.0 NS MuniInc n 11.98 0.09 1.5 -4.9
Ultra n 58.16 -2.59 5.4 38.5 CAInsMun 11.81 0.05 1.2 0.0 StrValL 5.53 -0.25 -4.5 33.0 Fidelity Series:
D GrOppI 103.42 -5.88 5.7 30.9 Idx 2055 Premier 16.55 -0.64 2.0 NS NASDAQ n 140.63 -6.91 6.6 36.9
American Century R6: EmgMkts 22.36 -0.98 0.4 5.0 TtlRtnBdL 9.53 0.10 1.3 -4.7 Canada 13.12 -0.76 -0.1 54.0
HthCarI 61.16 -3.52 -4.6 19.8 Income n 10.10 -0.01 1.8 2.8 NewInsights Z 27.08 -1.11 2.8 27.2
MdCapVal 15.26 -0.89 -1.2 48.8 EqtyDivd 17.99 -0.99 -1.6 41.3 Davis Funds A: Fidelity: IntMuni Z 9.97 0.06 1.0 -2.2
IntlGr 16.55 -0.60 4.2 19.9 Fidelity Invest: NewMill n 40.19 -2.01 1.6 55.1
SmCpVal 9.43 -0.81 3.2 71.6 FloRateIncPorIns 9.54 -0.02 3.0 13.9 FidelityAdviAsset:
NYVen A 22.88 -1.58 3.2 26.1 500IdxInstPrem n 134.32 -6.38 0.9 40.6 MuniIncI 9.97 0.06 1.0 -2.6 AggrInt n 22.23 -0.67 6.5 17.7 NewMkt n 11.51 0.03 1.0 -8.5
American Funds Cl A: GlblAlloc 16.77 -0.31 0.8 16.9
Davis Funds C & Y: BalancedK6 12.14 -0.31 2.7 31.6 AilSectEq 8.87 -0.53 1.6 48.0 OTC n 13.46 -0.59 4.9 38.7 ADVAssetMan60 13.21 -0.33 1.9 19.1
HiEqInc 26.59 -1.39 -0.9 45.6 NwInsghtI 26.96 -1.11 2.8 26.7
2020TarRetA 12.19 -0.18 0.2 13.5 NYVenY 23.76 -1.64 3.2 27.0 Contrafund K6 17.42 -0.68 3.6 30.5 AMgr20% n 12.87 -0.04 1.5 4.4 OTC K 13.76 -0.60 5.0 39.1 First Eagle Funds:
HlthScOp 64.75 -2.75 -7.5 23.4 REIncmInst 11.26 -0.29 1.4 5.1
2025TarRetA 13.52 -0.25 0.4 16.3 Del Invest Instl: EmgMktIdxInstPre n 9.45 -0.40 0.2 4.6 StrInI 10.99 0.01 1.8 3.7 AMgr50% n 18.03 -0.34 1.8 15.3 Ovrse n 52.99 -1.70 4.8 23.5 GlbA 58.93 -1.97 1.7 31.6
MdCpGrEq 31.38 -2.06 4.5 16.7
2030TarRetA 14.64 -0.35 0.8 19.4 Value 17.71 NA NA NA ExtMktIdxInstPre n 64.36 -5.71 2.1 32.1 Total Bd 9.46 0.08 2.3 -4.8 AMgr70% n 22.95 -0.71 2.0 23.3 PuritanK 20.77 -0.59 1.4 26.9 OverseasA 23.04 -0.52 2.6 19.0
MultiAstIncome 9.62 -0.12 1.7 6.7
2035TarRetA 15.61 -0.48 1.0 24.6 Deutsche DWS: FidAdAsset 12.86 -0.04 1.4 4.5 Fidelity Advisor M: AMgr85% n 21.08 -0.84 2.0 28.9 Puritn n 20.79 -0.59 1.4 26.6 FPA Funds:
NatlMuni 10.03 0.09 1.6 -4.0
2040TarRetA 16.10 -0.60 1.1 26.6 FidAdEm 32.53 -1.41 3.7 NS AstMgr30R n 10.90 -0.09 1.6 7.9 RealE n 36.94 -2.68 -1.0 5.2 NwInc n 9.54 0.05 1.4 0.3
ScTechOppInst 40.98 -2.03 9.0 27.5 CoreEq n 26.20 -1.37 0.7 40.5 Balanced 23.03 -0.59 2.6 28.0
2045TarRetA 16.40 -0.65 1.2 26.8 FidSAI 8.52 -0.08 1.5 NS Balanc n 23.55 -0.60 2.7 30.5 RealEstInc n 11.31 -0.29 1.4 5.2 FPA Funds Trust:
StratIncOpptyIns 9.22 0.00 1.0 3.4 Diamond Hill Funds: EqGr 12.49 -0.62 1.9 41.5
2050TarRetA 16.05 -0.65 1.3 26.6 FidSAIEmerg 11.07 -0.36 2.0 NS BalancedK 23.55 -0.60 2.7 30.8 SAIIntlMinVolInd 9.87 -0.14 0.4 5.0
StratMuniOppI 10.41 0.04 1.2 -3.7 LgCapI 28.30 -1.97 -2.5 37.1 GrOppM 91.92 -5.24 5.6 29.0 FPACres Inst n 34.14 -1.36 2.4 34.2
AmcpA 31.04 -1.64 3.2 22.0 FidSer5 7.88 0.03 2.3 NS BluCh n 122.02 -6.40 8.5 40.8 SAILTTreBdIdx 8.04 0.27 6.4 -31.6
TotRet 10.04 0.12 2.3 -7.8 LgCapY 28.33 -1.96 -2.5 37.5 NwInsghtM 24.11 -0.99 2.7 24.8 Franklin A1:
AMutlA 46.93 -1.87 -3.1 36.1 FidSer0-5 9.34 -0.01 0.6 NS BluChpGr K6 18.80 -0.99 8.7 43.3 SAIUSMinVolIndFd 16.06 -0.56 -3.0 23.7
BNY Mellon Funds: LongShortI 24.90 -1.36 -0.2 27.9 Fidelity Advisor Z: CA TF A1 6.77 0.07 1.2 -6.1
BondA 11.46 0.12 1.3 -7.0 FIDSerEmgMkt 7.83 -0.37 1.2 0.9 BluChpGrK 122.59 -6.43 8.5 41.2 SAIUSQtyIdx 15.44 -0.57 0.8 37.1
BalA 28.61 -0.72 -0.5 18.5 Aprec n 35.94 -1.44 -0.7 40.1 Dimensional Fds: FidSerInt 8.54 0.11 1.5 NS AssetManager50% 17.97 -0.35 1.8 15.5 SCValueI 17.95 -1.53 1.1 69.4 Fed TF A1 10.63 0.09 1.7 -5.6
CAMun n 11.94 0.09 1.3 -4.5
CapIBA 62.48 -1.70 -0.8 20.0 Dr500In n 43.98 -2.09 0.8 38.5 2TGlFxd 9.58 0.02 0.7 -1.8 FidSerToMarket 12.77 -0.69 1.1 39.2 AsstMngr70 22.91 -0.71 1.9 23.6 SmCapDisc n 23.60 -1.73 2.8 61.4 HiInc A1 1.63 -0.01 2.3 8.9
CapAp n 32.23 -1.81 1.1 42.8
CapWA 16.11 0.17 -0.1 -15.2 Dreyf n 13.25 -0.74 1.2 46.0 5GlbFxdInc 9.91 0.03 0.8 -6.2 FIDZroExtMktIx n 10.63 -0.90 1.0 44.0 CorporateBond 10.22 0.07 2.4 -8.2 SmlCapO n 11.95 -1.02 2.4 45.6 HY TF A1 8.72 0.09 1.6 -5.2
CapDevO n 17.67 -0.90 2.3 55.5
CapWGrA 52.36 -2.03 1.5 26.3 DreyMid r Inv n 26.86 -2.13 1.1 49.0 DFARlEst 35.82 -2.70 -2.3 4.2 FIDZroLgCpIx n 13.55 -0.66 1.1 39.2 FloatRateHighInc 9.12 -0.01 3.0 16.3 SmlCpGrth n 24.39 -1.93 3.1 32.5 IncomeA1 2.26 -0.04 1.0 29.1
CnvSc n 30.41 -1.13 2.2 44.9
EupacA 51.11 -1.68 4.2 18.5 GlFxIncI 19.06 0.16 1.6 -2.9 EmgMkt 25.50 -0.99 1.2 14.5 Flex 500 Index 16.51 -0.78 0.9 40.7 GovtIncome 9.24 0.12 1.4 -12.3 SmlCpGrth K6 13.03 -1.02 3.2 34.2 NY TF A1 9.79 0.08 1.6 -7.7
Contra n 12.37 -0.47 3.8 30.6
FdInvA 60.76 -3.21 0.8 33.9 InstS&PStkIdx I 53.39 -2.53 0.9 39.9 EmgMktSoCoEq 12.88 -0.47 2.1 14.4 FlexIntIdx 11.55 -0.40 2.9 21.2 GrOpp 104.78 -5.96 5.7 31.4 SmlCpGrth Z 24.63 -1.95 3.1 32.9 US Gov A1 5.10 0.05 0.9 -9.7
ContraK 12.41 -0.48 3.8 30.8
GBalA 32.76 -0.57 0.8 13.3 IntlStkI 21.60 -0.50 5.3 21.1 EmgMktVa 26.75 -0.98 1.1 28.8 FlexUSBdIdx 9.06 0.10 1.5 -10.3 InvestGradeBd 7.19 0.08 2.4 -6.3 CpInc n 9.10 -0.14 1.8 22.7 SmlCpVal n 17.95 -1.53 1.1 69.5 Utils A1 20.08 -0.53 -6.9 12.5
GovtA 12.33 0.14 1.0 -7.6 IntlStkY 21.33 -0.49 5.3 21.2 EmMktCorEq 20.52 -0.76 1.9 20.1 Freedom2060K 11.28 -0.45 2.5 31.5 NewMktsIncFdZ 11.51 0.03 1.0 -8.3 DisEq n 46.51 -2.11 1.8 30.4 Srs1000ValIndRet 13.44 -0.82 -2.3 38.3 Franklin Templeton:
GwthA 51.67 -2.88 4.4 28.9 SmMidCpGrI 23.12 -2.06 1.6 17.0 EmMktSmCp 20.70 -0.65 2.3 31.9 GlexUSIdxInstPre n 12.92 -0.45 2.9 21.1 RE Income 11.26 -0.29 1.5 5.6 DivGth n 28.33 -1.30 -2.5 38.8 SrsBlChGroRetail n 10.81 -0.58 8.3 44.7 TgtModA 13.16 NA NA NA
HI TrA 9.08 -0.08 1.4 13.0 StrgVal I 37.50 -2.33 -3.1 73.4 Fixd 10.09 0.02 0.7 -0.5 GrowthCompanyK6 16.18 -0.91 5.1 53.9 StkSelAllCap 56.28 -3.11 1.9 41.8 DivIntl n 37.98 -1.27 4.2 19.7 SrsCommStrt 98.35 -3.54 -6.6 53.9 FrankTemp/Frank Adv:
HiInMuniA 14.56 0.13 1.8 -3.2 BNY Mellon Funds Tru: GblAll60 40Inst 18.81 -0.52 1.5 24.0 InflPrBdIndInsPr n 9.15 0.01 1.4 2.5 Fidelity Freedom: DivIntl K6 12.22 -0.40 4.2 21.2 SrsEmrgMkt 15.78 -0.73 1.0 3.6 CA TF Adv 6.75 0.06 1.1 -5.9
ICAA 41.75 -1.74 1.2 39.5 MCMultiStrM 15.96 -1.15 0.7 37.7 GlEqInst 26.78 -1.36 1.6 43.3 IntlIdxInstPrem n 43.06 -1.21 4.5 27.3 FF2010 n 13.01 -0.08 2.0 7.9 DivIntlK 37.89 -1.27 4.2 20.0 SrsGlobal 12.72 -0.43 3.0 21.1 CvtScAdv 19.44 -0.70 0.9 41.5
IncoA 22.24 -0.65 -1.7 24.5 NtlIntmMuni 12.80 0.07 1.1 -3.4 GlRESec 9.52 -0.59 -2.0 -1.6 IntlIndex n 10.11 -0.34 3.1 22.0 FF2015 n 10.52 -0.12 2.1 10.8 DivStkO n 25.99 -1.36 0.9 43.6 SrsIntlGrw 14.90 -0.54 4.5 23.6 Dynat Adv 103.02 -5.56 6.7 17.5
IntBdA 12.46 0.10 0.7 -3.8 Bridge Builder Trust: InfProtSec 10.96 0.01 1.3 2.6 IntrTresBdIxPrem n 9.69 0.18 1.5 -12.5 FF2020 n 13.06 -0.20 2.4 13.6 EmrMkt n 32.56 -1.42 3.6 11.0 SrsGroCoRetail 14.45 -0.79 4.9 57.6 Growth Adv 104.25 -5.46 1.2 32.3
IntlGrIncA 33.10 -1.11 3.8 22.8 CoreBond 8.94 0.10 1.9 -8.1 IntGvFxdInc 10.99 0.19 1.6 -13.2 LgCpGwId InstPre n 21.78 -0.97 4.6 38.8 FF2025 n 12.00 -0.23 2.4 16.1 Eq Inc n 62.04 -2.68 -2.7 41.6 SrsIntlSmCp 15.49 -0.47 4.4 27.8 IncomeAdv 2.24 -0.04 1.0 29.9
 56 BARRON’S March 13, 2023

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
RisDv Adv 81.15 -3.25 -1.6 46.8 DevMktA 38.04 -1.40 6.9 -1.4 JPMorgan Inst Class: GlbDiscz 28.08 -1.38 3.3 40.8 IncomeFd 10.35 -0.03 1.0 -0.5 StDurInc 10.04 0.00 1.2 3.6 ntTerBd n 9.15 0.09 2.8 -3.7 STAR n 24.69 -0.74 2.2 19.4
SmCpValAdv 53.90 -4.36 1.1 55.4 DiscFdA p 72.60 -5.80 1.4 31.0 ValAdv L 33.61 -2.15 -3.3 44.0 QuestZ 12.87 -0.74 -0.8 15.2 PIMCO Funds I2: Royce Funds: S&PIdx n 50.05 NA NA NA STIGrade n 9.97 0.04 0.7 -2.1
Utils Adv 20.29 -0.54 -6.9 13.0 DisMdCpGrA 20.91 -1.13 0.4 23.9 JPMorgan L Class: SharesZ 22.59 -1.82 -1.2 28.1 CommdtyRR 4.31 NA NA NA PAMut I nr 7.96 -0.53 4.6 50.4 TarRet2040 n 10.96 NA NA NA StratgcEq n 30.98 -2.64 1.3 57.9
FrankTemp/Franklin A: DivIncm p 23.41 -1.09 -3.6 30.7 ComPLUSStrtgyFd 6.49 -0.32 -2.8 110.7 Russell Funds S: StrSmCpEqInv n 32.35 -2.75 2.3 61.2
Fl EmMktEq L 28.49 -1.32 1.2 -0.6 N V
BAL A 12.03 -0.15 0.2 22.0 DivrsDiv p 16.94 -0.86 -3.3 31.7 Income 10.35 -0.03 1.2 2.7 TgtRe2020 n 25.78 -0.35 1.7 11.3
MdCpVal L 33.50 -2.53 -2.3 40.7 StratBd 9.17 NA NA NA
DynaTech A 98.80 -5.33 6.7 16.7 EqIncA 9.69 -0.41 -1.3 35.0 IntlBdUSH 9.43 0.06 1.8 -5.7 TgtRe2025 n 16.97 -0.34 1.7 14.0
JPMorgan R Class: Natixis Funds: TaxExBd 21.63 NA NA NA VALIC:
EqIn A 27.32 -1.33 -2.7 38.8 EqWtdA p 63.38 -4.16 -0.7 48.9 InvstGrCrBd 8.80 0.08 2.6 -9.4 TgtRe2030 n 31.93 -0.78 1.8 17.1
CoreBond 10.30 0.14 2.4 -7.7 TxMngUSLgCp 58.30 NA NA NA IntlEq 7.14 -0.39 4.4 25.5
FoundFAlA 12.77 NA NA NA GblStrIncmA p 3.08 -0.01 1.8 -3.4 InvGradeBdY 9.77 0.11 1.9 -1.3 LowDurInc 7.76 -0.05 1.1 5.5 TgtRe2035 n 19.70 -0.56 1.8 20.6
GlbOppA p 45.25 -2.71 4.5 2.0 CorePlusBd 7.24 0.09 2.3 -7.2 LSGrowthY 17.73 -0.94 8.9 29.9 MidCpIdx 22.57 -5.49 1.1 49.8 TgtRe2040 n 34.61 -1.13 1.8 24.1
GrOp A 35.60 -1.70 2.3 15.5 ShtTm 9.50 0.00 1.2 2.8 S
GrIncA 20.07 -1.29 -2.2 52.4 HighYld r 6.18 -0.07 1.8 6.2 Neuberger Berman Fds: SciTech 17.28 -4.86 9.2 23.2 TgtRe2045 n 23.23 -0.86 1.8 27.8
Growth A 103.38 -5.41 1.2 31.3 TotRt 8.56 0.09 1.8 -9.6
HYMuA 8.61 0.10 1.7 -6.2 MtgBckd 10.10 0.14 2.2 -5.8 Schwab Funds: StckIdx 41.01 -5.98 0.8 39.4 TgtRe2050 n 38.47 -1.52 1.8 28.0
LwDuToRt A 8.81 0.04 1.0 1.7 GenesInst 56.30 -3.51 3.4 42.8 PIMCO Funds Instl:
IntTMIA p 10.29 0.06 1.3 -3.9 ShtDurBnd 10.53 0.05 1.1 0.3 VANGUARD ADMIRAL: TgtRe2060 n 39.53 -1.56 1.8 28.0
RisDv A 81.22 -3.26 -1.7 45.7 IntrinsicValInst 18.48 -1.31 3.8 65.4 ComPLUSStrtgyFd 6.59 -0.32 -2.9 110.9 1000 Inv nr 84.32 NA NA NA
InvGloblFdA 77.49 -3.46 4.2 19.0 USRechEnhEq 29.56 -1.39 1.3 45.7 400MCpIdxInst330.32-26.21 1.2 51.0 TgtRet2055 n 42.92 -1.69 1.8 28.0
SmCpVal A 50.35 -4.08 1.1 54.2 LCVal Inst 41.35 -1.89 -3.9 68.5 DynamicBd 9.52 0.01 0.8 1.4 CoreEq n 17.08 NA NA NA
LmtdTrmMunInc p 10.97 0.04 0.6 -0.2 JPMorgPrm: 500Adml n 357.29-16.95 0.9 40.5 TgtRetInc n 12.44 -0.08 1.6 4.7
SmMCpGrA 28.69 -1.95 3.9 27.3 LgShInst 15.74 -0.16 1.0 19.8 IncomeFd 10.35 -0.03 1.2 3.0 FunIntlLgInst nr 9.62 NA NA NA
StrInc A 8.14 0.03 2.2 -1.3 MnStFndA 43.85 -2.28 1.0 31.3 USEquity L 17.30 -0.88 1.1 47.0 StrIncInst 9.55 -0.01 2.2 4.8 FunUSLgInst nr 21.08 NA NA NA BalAdml n 40.17 -1.08 1.3 17.8 USGro n 41.16 -2.40 5.2 17.8
InflRespMulAsset 7.49 -0.12 -0.7 22.6
TtlRtn A 8.31 0.09 2.2 -8.7 MnStSmCpA p 23.14 -1.91 -0.9 36.4 Neuberger Berman Inv: Pioneer Funds A: InflProSel n 10.18 NA NA NA CAITAdml n 11.19 0.07 1.0 -2.8 WellsI n 24.31 -0.28 -0.6 8.6
ModInvA 9.75 -0.25 1.8 13.9 L CALTAdml n 11.20 0.11 1.4 -4.8 Welltn n 38.03 -1.06 -1.0 19.6
FrankTemp/Franklin C: Genes n 56.20 -3.50 3.4 42.1 CoreEqA 18.09 -1.06 0.1 41.4 IntI Sel nr 20.81 NA NA NA
MunInA 11.82 0.11 1.7 -6.1 Guard n 19.89 -0.76 3.8 41.4 S&P Sel n 60.17 NA NA NA CapOpAdml nr 146.33 -8.63 0.2 40.5 Wndsr n 20.22 -1.32 -0.2 63.9
Income C 2.31 -0.04 1.2 27.7 Laudus Funds: DiscGrA 13.14 -0.61 3.5 45.1
RchHiYldMuniA 6.79 0.08 2.5 -3.7 SmCp Sel nr 29.35 NA NA NA DivAppIdxAdm n 40.08 -1.75 -2.7 36.1 WndsrII n 37.34 -1.93 0.1 50.0
FrankTemp/Franklin R: USLgCpGr nr 18.26 NA NA NA LCVal n 41.40 -1.89 -3.9 67.8 PioFdA 28.97 -1.73 -1.0 39.9
RisingDivA 20.94 -0.93 -0.9 37.7 TSM Sel nr 67.04 NA NA NA EMAdmr n 32.45 -1.28 0.1 9.4 VANGUARD INDEX FDS:
FrkDynTchR6 104.49 -5.63 6.8 17.9 Lazard Instl: Neuberger Berman Tr: Pioneer Funds Y:
RochAMTFrMuni 6.85 0.08 2.0 -3.8 USSmCoIdx nr 14.81 NA NA NA EnergyAd nr 57.23 -3.63 -5.6 181.7 500 357.27-16.97 0.9 40.1
FrkGrthR6 104.17 -5.45 1.2 32.6 RochLmtTrNYMuni p 2.79 0.01 1.3 -2.5 EmgMktEq 15.14 -0.51 3.9 12.9 GenesisFdR6 56.27 -3.50 3.4 43.2 BondY 8.23 0.10 2.9 -4.6 EnergyAdml nr 84.02 -3.01 -1.9 62.6
SEI Portfolios: EmgMktInstPl 82.09 -3.23 0.1 9.6
FrkIncR6 2.25 -0.04 1.0 30.6 RoMu A p 14.90 0.21 2.6 -4.3 GlbLstInfr 14.48 -0.26 2.0 30.1 Nicholas Group: StratIncY p p 9.29 0.10 3.0 0.9 EqIncAdml n 80.85 -4.10 -4.5 43.2
CoreFxIn F 9.45 NA NA NA ExtndIstPl 254.11-22.53 2.1 32.2
FrkRisDivR6 81.14 -3.25 -1.6 47.2 SenFltRtA 6.58 -0.03 2.4 13.7 IntStrtEq r 13.85 -0.40 3.2 17.6 Nich n 70.81 -3.10 2.2 37.1 Price Funds: EuropeAdml n 73.46 -2.54 5.7 31.6
IntlEmg F 9.98 -0.42 0.6 4.6 FTAIWdInPl 107.82 -3.67 2.8 22.8
FrkSmCpGrR6 19.56 -1.74 6.1 23.4 SP IncomeA 4.69 -0.12 3.6 161.0 USEQ Concen Inst 15.22 -0.72 2.3 24.1 Northern Funds: 2050RetFd n 14.84 -0.67 1.5 28.5 ExplrAdml n 89.43 -7.08 2.9 42.6
IntlEq F 10.72 -0.14 7.0 30.8 IdxIntl 17.13 -0.58 2.8 22.6
FrankTemp/Mutual A&B: Invesco Funds P: Legg Mason I: BdIdx n 9.08 NA NA NA Balnanced n 22.60 -0.55 1.7 17.9 ExtndAdml n 102.97 -9.14 2.1 32.1
IntMuni F 10.94 0.07 1.1 -3.6 ITTresIdx Inst 24.68 0.39 1.2 -10.2
Shares A 22.26 -1.80 -1.2 27.2 Summit P pn 16.91 -1.09 2.2 18.8 IntlGrTrI 55.80 -1.99 3.3 18.2 EmMktsEqIdx nr 10.26 NA NA NA BlChip n 108.95 -4.62 5.3 8.6 GNMAAdml n 9.23 0.09 1.1 -8.6 LTTresIdx Inst 27.67 0.96 5.9 -30.2
FrankTemp/Temp A: Communica&Tech n 96.72 -4.67 4.5 5.3 TaxMgdLC F 30.28 NA NA NA GroIncAdml n 79.20 -3.89 0.7 42.6
Invesco Funds Y: Longleaf Partners: HiYFxInc n 5.72 NA NA NA MdCpGrAdml n 79.43 -5.80 2.7 31.0
DivGro n 62.70 -2.69 -2.2 39.2 Sequoia: GrwthAdml n 116.71 -5.34 6.4 34.1
Frgn A 7.43 -0.25 8.3 35.2 DevMktY 37.38 -1.37 6.9 -0.6 Partners n 19.34 -1.28 5.9 36.3 IntlEqIdx nr 12.78 NA NA NA MdCpVlAdml n 68.50 -4.92 -2.3 44.0
GlBond A 7.65 NA NA NA IntTxExpt n 9.70 NA NA NA EmMktS n 34.44 -1.52 0.4 -8.9 SequoiaFd n 125.31 -7.91 0.5 22.1 HltClxAd nr 114.19 -5.40 -8.0 33.0 SmValAdml n 68.11 -5.89 -0.2 53.9
DiscovY 89.56 -7.16 1.5 31.9 Sm-Cap n 20.75 -1.54 -1.1 16.2
Growth A 22.41 -0.80 4.9 20.4 MidCpIdx n 19.30 NA NA NA EqInc n 31.82 -1.84 -2.6 47.5 SmeadFds: HlthCareAdml nr 84.26 -3.40 -6.2 27.4 TotBd2 9.47 0.11 1.6 -10.8
EqWtdY 64.36 -4.21 -0.7 50.1 Loomis Sayles Fds:
World A 12.23 -0.44 7.2 7.9 GloblY 78.42 -3.50 4.2 19.8 SmCpVal n 18.48 NA NA NA EqIndex n 101.82 -4.83 0.9 39.9 SmeadValueInstl65.00 -3.42 -1.7 71.0 HYCorAdml nr 5.16 -0.04 1.3 5.0 TotIntlInstIdx r 114.60 -3.91 2.9 22.9
LSBondI 11.54 0.05 2.3 -1.1 GlbStk n 46.87 -2.31 2.6 33.9 SSgA Funds: InfProAd n 23.49 0.04 1.4 2.7
FrankTemp/Temp Adv: IntGrowY 34.33 -1.18 3.8 15.8 StkIdx n 41.80 NA NA NA TotItlInstPlId r 114.63 -3.91 2.9 22.9
Lord Abbett A: GlbTech n 11.18 -0.51 11.2 -2.2 InfTechIdx n 178.18 -6.67 9.0 54.4
GlBondAdv 7.61 NA NA NA IntlSmCoY 40.05 -1.26 3.1 20.6 Nuveen Cl A: SP500 n 202.98 -9.66 0.9 40.6 TotSt 94.01 -5.04 1.0 38.8
Affiltd p 14.81 -0.87 -4.6 29.6 Growth n 65.13 -2.70 5.7 10.8 IntlGrAdml n 94.34 -4.84 4.4 25.1 VANGUARD INSTL FDS:
Frost Family of Fund: Ivy Funds: AAMunBd p 10.04 0.08 1.5 -9.6
BdDeb p 6.94 -0.07 0.3 0.4 HelSci n 83.54 -4.27 -7.0 28.9 T ITBondAdml n 10.19 0.15 1.6 -9.9
FrTRInst 9.43 0.05 2.0 3.0 AssetStrA p 18.30 NA NA NA HiYldMuBd p 15.04 0.23 2.0 -5.3 BalInst 40.18 -1.07 1.3 17.9
CalibrDivGr 16.57 -0.79 -2.1 37.2 InstFLRfd r 9.32 0.00 3.1 13.9 ITIGradeAdml n 8.39 0.06 1.5 -7.2
CoreEqA t 14.28 NA NA NA Nuveen Cl I: DevMktsIndInst 14.06 -0.45 3.9 28.1
FloatRt p 7.96 -0.02 2.9 9.9 InstHiYld 7.42 -0.09 2.0 6.3 TCW Funds: ITsryAdml n 9.99 0.15 1.1 -9.1
G LgCpGwthA p 23.36 NA NA NA HYMunBd 15.04 0.22 2.0 -4.7 DevMktsInxInst 21.97 -0.71 3.9 28.0
HYMuniBd p 10.58 0.10 1.9 -8.2 LgCapGow I 47.76 -1.94 4.0 23.2 EmMktInc n 6.07 0.01 1.1 -11.2 ITTresIdx n 19.89 0.31 1.2 -10.2
LgCpGwthl r 25.54 NA NA NA Nuveen Cl R: EmMkInst r 24.68 -0.97 0.1 9.5
Gabelli Funds: IntrTxFr 10.06 0.06 1.4 -5.2 InstLCCoreGr 43.73 -1.87 5.2 8.9 TotRetBondI n 8.30 0.13 2.5 -13.5 LarCapAd n 88.86 -4.33 1.0 38.9
MidCapI 28.80 NA NA NA IntDMunBd 8.72 0.07 1.2 -3.4 ExtndInst 102.97 -9.13 2.1 32.1
MultiAstBalOppty 9.98 -0.26 0.1 20.3 LgCpVal 21.49 -1.22 -3.2 47.2 Thompson IM: LTGradeAdml n 8.02 0.11 3.7 -19.5
Asset p n 48.51 NA NA NA MdCpGwthA p 25.23 NA NA NA LmtTrmR 10.74 0.06 0.6 -0.8 FTAlWldIst r 101.81 -3.47 2.8 22.7
ShtDurIncmA p 3.85 0.02 1.0 0.3 InstSmCap 24.28 -2.00 1.6 33.5 Bond n 10.01 0.03 2.7 -0.4 LTsryAdml n 9.21 0.31 5.6 -29.8
GE Elfun/S&S: ScTechA p 39.84 NA NA NA FTScinst 25.54 -1.30 2.1 34.9
TaxFr p 10.28 0.10 1.9 -7.1 IntDis n 59.22 -2.63 4.2 21.1 Thornburg Fds: MidCpAdml n 252.54-18.29 0.0 38.5 GrwthInst 116.72 -5.34 6.4 34.1
Trusts n 60.64 NA NA NA Lord Abbett C: O IntlStk n 17.23 -0.52 3.9 16.0 MuHYAdml n 10.37 0.10 1.9 -4.0
GMO Trust Class III: J IncBuildA t 21.78 -0.75 3.4 31.2 InPrSeIn 9.57 0.02 1.5 2.8
ShtDurIncmC t 3.87 0.01 0.9 -1.8 MCapVal n 28.94 -2.12 2.1 63.3 MuIntAdml n 13.43 0.08 1.0 -2.3 InstIdx 324.52-15.40 0.9 40.5
Quality 23.31 -0.92 1.1 40.3 Oakmark Funds Invest: IntVal I 22.63 -0.79 2.5 27.8
Janus Henderson: Lord Abbett F: MCEqGr 57.08 -3.52 2.2 28.4 MuLTAdml n 10.64 0.09 1.4 -4.4 InstPlus 324.52-15.40 0.9 40.6
GMO Trust Class IV: EqtyInc nr 29.74 -1.53 1.1 32.6 LtdTIncI 12.60 0.06 1.6 -1.0
Balanced C 37.37 -0.82 0.9 15.2 BdDeb 6.93 -0.07 0.3 0.7 MidCap n 90.54 -5.50 2.1 28.5 MuLtdAdml n 10.69 0.04 0.6 0.1 InstTStPlus 67.71 -3.63 1.0 39.3
Oakmark n 106.75 -8.39 4.3 70.4 LtdTMu I 13.51 0.06 0.6 -2.6
EmgCntrDt 17.67 0.08 1.8 -6.9 Balanced T n 37.97 -0.83 1.1 18.0 ShtDurIncm 3.85 0.01 1.3 0.6 N Asia n 16.12 -0.84 0.9 3.5 MuShtAdml n 15.59 0.03 0.5 1.3 ITBdInst 10.18 0.14 1.5 -10.0
Thrivent Funds A:
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GMO Trust Class VI: OakmrkInt n 25.39 -0.87 10.3 40.5 NAmer n 52.51 -2.76 0.8 46.3 NJLTAdml n 11.15 0.12 1.8 -3.0
Enterprise T n 122.95 -7.49 3.8 41.2 Lord Abbett I: Select n 51.74 -4.22 4.5 48.7 LgCpStk 22.85 -1.10 2.0 31.5 ITBdInstPI 10.19 0.15 1.6 -9.9
Quality 23.32 -0.91 1.1 40.8 Grw&Inc T n 62.45 -2.89 -1.2 37.7 New Era n 39.98 -2.48 -2.8 76.8 NYLTAdml n 10.60 0.09 1.7 -5.0 LaCapInst 365.74-17.83 1.0 38.9
BdDebentr 6.90 -0.07 0.4 1.0 Old Westbury Fds: NHoriz n 47.54 -3.90 2.6 14.1 MidCapStk 26.50 -2.14 2.6 56.5 PacifAdml n 81.50 -1.89 2.1 18.7
Goldman Sachs Inst: Resh T n 49.47 -2.27 4.3 25.0 FloatRt 7.96 -0.02 2.9 10.5 MidCpInst 55.79 -4.04 0.0 38.6
AlCpCore n 20.07 -1.03 1.0 33.2 OverS SF nr 11.33 -0.34 3.3 27.2 Thrivent Funds S: PALTAdml n 10.61 0.09 1.3 -4.6
EmgMktEq 20.67 NA NA NA Jensen I : HiYld 6.12 -0.06 1.0 3.5 MidCpIstPl 275.14-19.93 0.0 38.6
CreditIncomeFd n 8.23 0.05 2.2 NS QMUSSmCpGrEq n 35.67 -2.54 2.9 27.6 LgCpVal n 25.05 -1.44 -1.6 58.0 PrmcpAdml nr 130.57 -6.28 -0.2 38.8
HYMuni 8.96 0.09 2.1 -4.3 Jensen I 53.18 -1.77 -2.7 38.7 ShtDurInc p 3.84 0.01 1.1 0.7 RealEstaInstl 17.72 -1.35 -2.0 3.0
FixInc pn 10.14 0.12 1.1 -7.1 SpectModerGwAllo n 32.17 -1.10 1.4 20.2 MidCapStk n 31.29 -2.52 2.7 57.6 RealEstatAdml n 114.50 -8.73 -2.0 2.9
Muni 14.97 0.09 1.4 -2.2 JensenQualGrJ n: Rs1000GrwIdxInst443.34-19.71 4.6 38.7
LrgCpStr n 14.63 -0.71 0.3 18.9 R2010 n 13.70 -0.26 1.5 11.5 TIAA-CREF/Instl Cl: S&PSC600Idx 354.13-29.28 1.5 51.9
ShDuTF 10.24 0.03 0.5 -1.5 JensenQualGrJ n 53.22 -1.78 -2.8 37.8 M Rs1000Vl IdxInst253.73-14.80 -2.3 37.9
MuniBd pn 11.49 0.08 0.5 -4.0 R2015 n 11.39 -0.24 1.4 13.6 CoreBond Inst 9.09 0.08 1.9 -8.2 SmCapAdml n 89.03 -7.58 1.2 41.5 Russ1000IdxInst340.64-17.51 1.0 39.7
SmCapVa 41.68 -3.54 -0.8 42.3 JHF III DispVal:
MainStay Fds A: Sm&MdCapStrategi n 14.05 -0.84 1.0 16.9 R2020 n 16.99 -0.38 1.5 16.1 CorePlsBd 9.10 0.07 2.1 -7.0 SmGthAdml n 72.85 -6.08 3.3 22.6 Russ3000Idx 335.41-17.95 1.0 39.3
Guggenheim Funds Tru: DispVal I 20.38 -1.19 -2.4 50.3 Optimum Funds Inst: R2025 n 14.84 -0.38 1.5 19.2 TIAA-CREF/Retail Cl: STBondAdml n 9.89 0.06 0.6 -3.8 SmCapInst 89.03 -7.58 1.3 41.5
MacOppFdClInstl 23.91 -0.03 2.1 7.0 DispValMCI 24.45 -1.77 0.1 51.3 HiYldBdA 4.94 -0.04 1.5 8.0
Fixed Inc 8.05 NA NA NA R2030 n 22.21 -0.67 1.6 21.8 EqIdx n 27.96 -1.49 1.0 38.5 STCorpIx n 20.52 0.08 0.7 -1.6 SmCapIstPl 256.97-21.89 1.2 41.5
TotRtnBdFdClInst 23.76 0.25 3.2 -4.7 DispValMdCp 23.25 -1.69 0.1 50.1 TxFrBdA 9.33 0.07 1.3 -4.6
LgCpGrwth 16.99 NA NA NA R2035 n 17.35 -0.63 1.6 24.2 Gro&Inc n 19.63 -1.16 2.8 36.8 STFedAdml n 10.05 0.06 0.6 -2.9 SmGthInst 58.34 -4.87 3.3 22.7
GuideStone Funds: DispValMdCpR624.44 -1.77 0.2 51.8 Mairs&Power:
LgCpVal 18.20 NA NA NA R2040 n 24.79 -1.03 1.5 26.4 TIAA/CREF Funds: STIGradeAdml n 9.97 0.04 0.7 -1.8 SmValInst 38.07 -3.29 -0.2 53.9
EqindxGS2 40.99 NA NA NA DispValR6 20.42 -1.20 -2.4 50.8 MairsPwrGr n 119.93 -7.02 1.6 36.5 Ret2045 n 17.53 -0.77 1.5 28.4 STIPSIxAdm n 23.56 -0.03 0.6 8.3
Osterweis Strat Income: BdIdxInst 9.55 0.11 1.7 -10.6 STBdIdxInstPl 9.89 0.06 0.6 -3.7
MedDurGS2 12.57 NA NA NA JHITFunLgCpCorFd: Mass Mutual:
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Ret2055 n 15.46 -0.70 1.5 28.3 STsryAdml n 9.89 0.06 0.2 -3.3 STBDInst 9.89 0.06 0.6 -3.8
OsterweisStrInc n 10.53 -0.06 1.9 12.8 EqIdxInst 27.42 -1.46 1.0 39.5
FunLgCpCorA 52.75 -2.76 4.7 44.3 SelBluChipGroClI 17.39 -0.82 6.9 17.4 RetBal Inc n 12.08 -0.20 1.3 12.1 STTresIdx n 19.28 0.10 0.4 -3.1
H Gr&IncInst 12.64 -0.74 2.9 38.0 STCorpIxInst p 25.12 0.10 0.8 -1.5
John Hancock: MassMutual Select: PQR SciTec n 29.31 -1.45 12.2 20.3 TotBdAdml n 9.58 0.11 1.6 -10.4
HgYldInst 8.21 -0.08 1.4 5.7 STIGradeInst 9.97 0.04 0.7 -1.7
500Index1 41.05 -1.95 0.9 39.4 MCGrEqIII 17.85 -1.14 2.2 27.7 Sht-Bd n 4.49 0.01 0.7 -1.0 TotIntBdIdxAdm n 19.27 0.21 2.0 -12.0 STIPSIxins 23.57 -0.04 0.6 8.3
Harbor Funds: IntlEqIdxInst 19.96 -0.58 4.5 27.0
BondI 13.50 0.11 2.2 -7.3 Metropolitan West: Parnassus Fds: SmCap n 48.01 -4.32 0.2 42.8 TotIntlAdmIdx nr 28.66 -0.97 2.9 22.8 STTresIdx 24.22 0.13 0.4 -3.0
CapApInst 67.01 -3.03 6.8 24.1 SmCapStk n 52.17 -4.28 1.6 33.6 IntlEqInst 11.90 -0.37 4.1 34.6 TotStAdml n 94.04 -5.04 1.0 39.2
BondR6 13.53 0.11 2.3 -7.0 LowDurBdI 8.21 0.03 0.8 -2.0 ParnEqFd n 47.05 -2.33 0.3 38.9 LC2040Inst 8.93 -0.34 1.4 25.4 TotBdInst 9.58 0.11 1.6 -10.4
IntlInst 41.24 -1.21 4.8 30.7 SpecGr n 20.30 -1.01 0.6 32.7 TxMBal nr 36.75 -0.76 1.0 17.5
ClassicVal I 32.34 -2.45 3.9 67.7 TotRetBd n 9.13 0.10 1.5 -11.0 Pear Tree: LCIdx2020Inst 17.24 -0.28 1.7 12.2 TotBdInst2 9.47 0.11 1.6 -10.6
SmCpValInst 37.26 -2.94 3.9 52.0 SpecInc n 11.00 -0.04 1.2 1.7 TxMCapAdml n 200.08-10.25 1.1 40.2
IntlGrwI 23.17 -1.04 3.3 12.9 TotRetBdI 9.13 0.11 1.7 -10.3 ForeignVal I r 20.60 -0.65 5.4 26.9 LCIdx2025Inst 18.84 -0.37 1.7 15.1 TotBdInstPl 9.58 0.11 1.6 -10.4
Harding Loevner: SuMuInt n 11.21 0.07 1.2 -2.8 TxMIn nr 14.04 -0.45 3.8 27.9
John Hancock Class 1: TRBdPlan 8.56 0.10 1.6 -10.1 Perm Port Funds: LCIdx2035Inst 21.89 -0.64 1.8 21.4 TotIntBdIdxInst 28.91 0.31 2.0 -11.9
EmgMktsAdv n 39.54 -1.91 -0.1 -8.2 TF Incom n 10.69 0.10 1.9 -5.1 TxMSC nr 78.22 -6.46 1.5 51.9
BlueChipGrw 34.59 -1.48 5.2 8.4 UnconstrBdI 10.31 0.05 1.7 -1.2 Permanent n 46.22 NA NA NA LCIdx2040Inst 23.09 -0.81 1.8 25.0 TotStInst 94.05 -5.05 1.0 39.3
IntlEq 24.15 -0.96 3.1 23.4 TotIndex n 41.49 -2.22 1.1 38.0 USGroAdml n 106.63 -6.23 5.2 18.2 TtlWrldIxInst p 179.26 -8.11 1.8 32.1
LSAggr 12.00 -0.61 1.6 32.3 MFS Funds: PGIM Funds Cl A: LCIdx2045Inst 23.84 -0.93 1.8 28.6
Hartford Funds A: U.S.EqResch n 36.82 -1.78 1.5 41.2 UtilIxAd nr 70.58 -2.04 -8.3 10.1 TxMCaInst r 99.41 -5.09 1.1 40.3
LSBalncd 11.76 -0.32 2.0 19.2 IIE 29.61 -0.74 5.2 31.1 LrgCpGrIdxInst 38.76 -1.72 4.6 38.7
BalIncA 13.61 -0.27 -0.9 12.0 HighYield 4.54 -0.04 1.3 5.8 USLrgCpCore n 28.72 -1.23 -1.7 35.2 ValAdml n 52.61 -2.73 -3.9 43.2 ValueInst 52.61 -2.73 -3.9 43.2
LSGwth 11.98 -0.48 1.8 26.2 MFS Funds Class A: LrgCpVl IdxInst 21.23 -1.23 -2.3 38.1
CapAppA 32.99 -1.87 0.1 29.0 JennGrowth 38.46 -1.73 6.8 25.0 Value n 37.30 -1.69 -3.2 46.2 WdsrllAdml n 66.23 -3.43 0.1 50.3 Victory Funds:
LSModer 11.21 -0.18 1.9 11.8 AgGrAIA 24.88 -1.17 0.3 28.7 LrgCpVl IdxRet 21.66 -1.26 -2.4 37.1
DiscpEqA 38.25 -1.84 -1.1 29.4 JennUtility 13.73 -0.43 -7.2 16.0 Price Funds - Adv Cl: WellsIAdml n 58.88 -0.70 -0.6 8.8
John Hancock Funds A: CoEqyA 37.97 -1.95 0.0 36.6 LrgCpVl Inst 18.63 -1.00 -2.2 42.5 EstValA 44.31 -3.04 -0.9 64.1
DivGth A 28.33 -1.43 -3.2 43.6 TotalReturnBond p 11.94 0.13 2.2 -10.8 BlChip p 105.96 -4.51 5.2 7.8 WelltnAdml n 65.68 -1.83 -1.0 19.9
BalA 22.63 -0.47 0.6 18.7 GrowthA 124.59 -5.59 1.8 18.0 PGIM Funds Cl Z: QuantSmCpEqInst 15.35 -1.32 1.3 53.4 WndsrAdml n 68.16 -4.46 -0.2 64.3 EstValI 44.37 -3.04 -0.8 65.7
EqInc 19.31 -1.00 -4.1 43.5 Growth p 62.97 -2.60 5.7 9.9 SmCoOppI 46.96 -3.24 1.3 55.1
BondA p 13.50 0.11 2.1 -8.2 IntlVA 37.16 -1.06 4.5 17.9 RealSecInst 15.83 -1.16 -2.2 1.7 VANGUARD FDS:
GrOppty 31.37 -1.83 5.0 22.4 HighYield 4.56 -0.03 1.6 6.8 R2030A p 21.93 -0.67 1.6 20.8 Virtus Equity Trust:
LifeBal 11.88 -0.32 2.0 18.0 MCapA 22.46 -1.18 1.6 19.7 S&P500IdxInst 42.25 -2.00 0.9 40.4
MidCap A 23.08 -1.68 2.0 22.0 JennGrowth 43.55 -1.95 6.9 26.1 Price Funds - R Cl: CAIT n 11.19 0.07 1.0 -3.0
LifeGrw 12.06 -0.49 1.7 24.8 MCapValA 26.78 -2.15 -1.8 47.8 S&P500IdxRet 41.93 -1.99 0.8 39.4 SmCapSusI 31.19 -2.49 7.3 22.6
Hartford Funds C: TotalReturnBond 11.90 0.13 2.3 -10.1 R2030R p 21.63 -0.66 1.5 20.0 DivdGro n 33.73 -1.21 -4.3 38.6
John Hancock Instl: MIGA 33.02 -1.52 0.0 37.0 SmCpBl IdxInst 20.24 -1.76 0.9 36.8 VirtusFunds:
Bal IncC 13.35 -0.27 -1.2 9.4 PIMCO Fds Instl: PRIMECAP Odyssey Fds: DivrEq n 36.82 -2.20 2.1 40.1
StratIncmOppI 9.67 0.01 1.1 0.7 MITA 31.44 -1.44 -1.7 34.7 SocChEqInst 22.30 -1.34 0.2 40.6 Energy nr 44.78 -1.60 -1.9 62.2 CeredexMdCpVlEqI 10.37 -0.68 -3.6 32.4
Hartford Funds I: JPMorgan A Class: AllAsset 10.64 NA NA NA AggGrowth r nr 37.80 -2.52 4.3 28.7 Tortoise Capital:
MuHiA 7.25 0.07 1.5 -6.7 EqInc n 38.57 -1.96 -4.5 42.8 VirtusFunds Cl I:
BalIncI 13.62 -0.26 -0.9 12.9 AllAssetAuth r 6.41 NA NA NA Growth r nr 33.72 -1.98 0.1 39.8
CoreBond 10.29 0.14 2.4 -8.8 MuInA 8.03 0.07 1.4 -5.8 TorMLPPipInsCl 12.88 -0.60 -0.3 85.6 Explr n 96.19 -7.61 2.9 42.1 EmMktI 7.49 -0.30 -3.0 -9.8
DivGthI 28.16 -1.42 -3.2 44.7 CommodtyRR 4.35 NA NA NA Stock r nr 31.56 -1.57 -1.1 45.7
CorePlusBd p 7.23 0.08 2.1 -8.3 ResBdA 9.43 0.08 2.1 -8.6 Touchstone Funds Gro: FTAlWldInAdml n 32.11 -1.10 2.8 22.6 MulSStI 4.37 NA NA NA
EmrgMktEqInv 14.61 -0.70 0.4 3.8 DivInc 9.15 0.00 1.5 -5.3 Principal Investors:
EqInc p 20.97 -1.12 -5.0 39.2 RschA 45.97 -2.33 -1.3 31.5 MdCpY 42.74 -2.92 3.5 27.4 GlbCapCyl Inv nr 11.56 -0.48 0.5 80.9 Vivaldi Merger:
EqIncI 19.15 -1.00 -4.1 44.6 EmMktsBd 7.99 0.03 1.5 -9.2 HiYld IN 7.91 -0.07 2.2 5.3
GwthAdv p 22.78 -1.41 3.3 40.2 TotRA 18.21 -0.54 -0.9 20.4 Touchstone Strategic: GlbEq n 27.71 -1.52 3.6 26.1 Arbitrage Fund 10.76 0.00 0.5 14.3
InterValue 16.12 -0.42 6.6 55.9 HiYld 7.55 -0.08 1.6 4.0 InfPro IN 7.79 0.01 1.6 2.9
Inv Bal p 13.93 -0.30 1.6 16.3 UtilA 21.32 -0.59 -5.8 22.7 GloMinVolFdAdm n 26.49 -0.67 -1.6 11.2 Voya Fds:
IntlAlphaInv 15.13 -0.46 5.0 35.8 HiYldMuniBd 8.25 0.08 1.9 -3.2 LgIndxI 19.43 -0.92 0.9 39.8 LagCapFoc A p 48.42 -2.17 1.5 42.9
InvCon p 11.55 -0.10 1.7 6.8 ValueA 45.44 -2.17 -4.3 35.0 GNMA n 9.23 0.09 1.0 -8.9
MidCap 24.48 -1.79 2.1 22.9 IntlBdUSH 9.43 0.06 1.9 -5.4 LT2020 In 11.41 -0.20 1.5 12.5 Transamerica A: InmdBdI 8.65 0.08 1.9 -9.5
InvG&I p 16.21 -0.50 1.4 24.4 MFS Funds Class I: GroInc n 48.53 -2.38 0.7 42.2
Hartford HLS Fds IA: InvGrdCrBd 8.80 0.08 2.6 -9.2 LT2030In 12.40 -0.34 1.6 18.3 AsAlModGr p 10.87 -0.34 1.2 20.0
InvGrwt p 19.96 -0.87 1.4 34.2 GrowthI 135.02 -6.04 1.8 18.9 HlthCare nr 199.81 -8.07 -6.2 27.2 WXYZ
Balanced 26.25 -0.75 -0.1 24.4 LgTrmCrdtBd 8.98 0.11 4.0 -16.9 LT2040I 13.63 -0.54 1.5 23.1 Trust for Professional Ma:
LgCpGwth p 43.54 -2.62 -0.1 42.0 MCapI 24.19 -1.27 1.7 20.6 HYCor nr 5.16 -0.04 1.3 4.7
CapApp 39.36 -2.15 0.0 32.1 MdCpVal p 32.32 -2.45 -2.4 38.9 LngDurTotRtrn 7.44 0.17 5.0 -20.2 LT2050I 14.02 -0.67 1.4 26.3 PrfTrtStrtBd Ins 19.48 0.18 2.5 -7.5
MCapValI 27.60 -2.21 -1.7 48.9 LowDur 9.10 0.05 0.7 -2.8 InflaPro n 11.96 0.02 1.4 2.4 Wasatch:
DiscEqui 15.60 -0.75 -1.1 30.9 USEquity 17.18 -0.87 1.1 45.3 MidCpBldA 30.33 -1.92 1.1 25.6 Tweedy Browne Fds: IntlExplr n 15.94 -0.52 5.2 17.0
MIGI 34.38 -1.58 0.0 38.0 LowDurInc r 7.76 -0.05 1.1 5.8 CoreGr n 67.59 -5.78 4.5 35.6
Div&Grwth 21.33 -1.09 -3.2 45.2 ValAdv t 33.32 -2.14 -3.3 42.3 PreSecI 8.82 -0.16 1.6 0.4 GblValue n 26.25 -0.71 3.1 27.7 IntlGr n 29.67 -1.52 4.3 24.7
ResBdI 9.43 0.08 2.2 -8.2 ModDur 9.16 0.08 1.2 -4.2 WCM:
Stock 91.42 -3.30 -4.4 38.6 JPMorgan I Class: PtrLGI In 13.54 -0.65 3.1 18.7 IntlVal n 37.30 -1.36 4.4 30.8
RschI 47.50 -2.41 -1.2 32.4 MortgOppBd 9.40 -0.01 1.2 1.0 FcusEmgMk Inst 12.89 -0.52 0.1 0.0
TotRetBd 9.43 0.08 1.7 -8.2 CoreBond 10.28 0.14 2.4 -8.1 ValueI 45.75 -2.18 -4.3 36.0
PtrLV In 16.27 -0.93 -3.8 39.2 U ITIGrade n 8.39 0.06 1.5 -7.5
RealRtnI 10.08 0.00 1.1 3.5 RealEstSecI 25.08 -1.97 -0.6 6.6 WCM Focus Funds:
CorePlusBd 7.23 0.09 2.1 -7.5 Morgan Stanley Inst: LifeCon n 19.42 -0.21 1.8 5.4
I ShortT 9.50 0.00 1.2 3.2 SAMBalA p 13.62 -0.39 1.0 14.4 UM Funds: WCMFocIntlGrwIns20.30 -1.06 3.3 24.7
EmMktEq I 28.28 -1.31 1.2 -0.9 CapGrI 27.03 -2.84 5.7 -8.6 LifeGro n 36.65 -1.25 1.7 23.0
ShtAssetInv 9.86 -0.01 0.9 2.4 SAMGrA p 15.31 -0.61 0.7 20.7 BehavVal 75.09 -6.14 -0.7 88.2 Western Asset:
IFP US Equity Fund: EqInc 21.39 -1.14 -5.0 40.0 CapGrP p 24.26 -2.55 5.7 -9.3 LifeInc n 14.56 0.01 1.7 -3.1
StksPLS 9.50 -0.46 1.2 36.0 Putnam Funds Class A: USAA Group: CoreBondI 10.62 NA NA NA
GrAdv r 24.10 -1.49 3.3 41.3 GloFranI t 29.87 -1.01 -0.8 21.3 LifeMod n 27.92 -0.63 1.7 13.9
IFP US EquityFd 16.84 -0.74 1.9 40.9 TotRetESG 7.63 0.08 2.0 -10.5 DynAAGthA 15.96 -0.53 2.1 25.0 500Indx Reward n 50.09 NA NA NA CoreBondIS 10.64 NA NA NA
LgCapVal 17.68 -1.14 -1.1 69.6 MorganStanleyPathway: LTIGrade n 8.02 0.11 3.7 -19.8
Invesco Fds Investor: TotRt 8.56 0.09 1.8 -9.3 PutLargCap p 27.76 -1.69 -1.3 50.3 CrnstModAggr n 23.86 NA NA NA CorePlusBdA 9.37 NA NA NA
LgCpGwth 44.71 -2.69 0.0 43.1 MATxEx n 9.97 0.10 1.5 -4.9
DivrsDiv n 16.94 -0.86 -3.3 32.1 CoreFxIcm n 6.89 0.08 1.7 -10.2 TrndsMgdFutStrgy 11.22 -0.15 0.0 31.3 GlbHlthCare p 52.15 -1.75 -6.8 31.0 Gr&Inc n 18.73 -0.89 0.9 32.1 CorePlusBdI 9.38 NA NA NA
MdCpGrw 38.69 -2.79 2.2 29.6 MidCpGro pn 19.43 -1.48 3.2 18.0
Invesco Funds A: LgCapEq n 18.94 -0.99 1.3 35.4 PIMCO Funds A: GrOpp p 39.57 -1.61 4.2 27.3 Grwth n 24.70 -1.19 7.5 23.2 CorePlusBdIS 9.37 NA NA NA
MdCpVal 32.89 -2.49 -2.4 39.9 MuHY n 10.37 0.10 1.8 -4.3
500InxA 40.77 -1.94 0.8 38.4 Munder Funds: IncomeFd 10.35 -0.03 1.1 1.8 StDurInc 10.03 0.00 1.2 3.3 Inco n 11.33 0.11 2.3 -6.6 ManagedMuniA 14.78 0.11 1.6 -3.5
MtgBckd 10.11 0.14 2.2 -6.1 MuInt n 13.43 0.08 1.0 -2.6
ActiveAllA 12.07 -0.44 1.5 20.0 ShtDurBnd 10.53 0.05 1.1 0.2 MndrIntlSmCpInv r 13.42 -0.46 4.8 25.0 LowDurInc 7.76 -0.05 1.0 4.5 SustainLdrsFd p 88.44 -4.58 0.0 32.8 IncStk n 16.80 -0.87 -3.3 35.2 OHLTte n 11.42 0.10 1.1 -5.0 SMAShCrPlCp n 6.36 -0.06 2.5 -23.0
CapApprA p 48.12 -2.18 1.4 28.1 SmCap 50.88 -4.05 1.3 39.4 Mutual Series: RealRtnA 10.08 0.00 1.0 2.3 Putnam Funds Class Y: IntmTerm n 12.43 0.09 1.2 -3.2 Primcp nr 126.04 -6.06 -0.2 38.5 SmashSerM n 7.77 NA NA NA
Chart 14.79 -0.88 0.8 29.3 USEquity 17.26 -0.87 1.1 46.4 BeacnZ 14.33 -1.14 -0.3 27.2 TotRetA 8.56 0.09 1.8 -10.2 GrOpp Y 42.34 -1.72 4.2 28.3 LgTerm n 11.89 0.14 1.5 -5.9 PrmcpCor n 26.91 -1.26 -1.0 41.8 Wm Blair Funds Cl I:
CmstA 25.98 -1.53 -1.9 69.6 ValAdv 33.58 -2.15 -3.3 43.4 GlbDiscA 27.30 -1.34 3.3 39.8 PIMCO Funds C: PutLargCap 27.75 -1.72 -1.3 51.4 Nasdaq100 n 30.70 NA NA NA SelValu nr 25.57 -1.99 2.4 64.0 SmMidI r 26.21 -2.08 1.2 23.6
 March 13, 2023 BARRON’S 57

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

DJ Half-Hourly Averages Trading Diary

The Dow Jones Averages Dow Jones 30 Industrial (divisor: 0.15172752595384)
Daily
Open (t)
Open (a)
10:00
Mar 6
33429.40
33425.32
33454.59
7
33447.46
33428.31
33444.06
8
32847.11
32872.08
32825.76
9
32941.22
32876.83
32941.00
10
32186.32
32185.14
32205.08
Market Advance/Decline Volumes
Daily
NY Up
NY Off
NY Up - Comp.
Mar 6 7 8
287,971 111,638 382,953 59,655 125,210
640,255 752,309 395,535 903,762 1,057,382
1,358,126 612,547 1,736,060 309,524 631,572
9 10

NY Off - Comp. 2,594,147 3,239,206 1,766,097 4,059,056 4,870,550

10:30 33506.59 33274.07 32807.52 32881.23 32138.58
NYSE Amer UP 3,015 2,407 2,155 1,240 3,759
11:00 33491.96 33143.54 32753.58 32885.19 32308.95
Industrials 11:30
12:00
33475.29
33510.29
33087.78
33032.56
32765.59
32813.86
32837.40
32797.87
32374.63
32172.05
NYSE Amer Off
NASD Up
8,100 7,612 6,081 7,968 8,203
2,197,708 1,424,716 2,397,930 1,056,645 1,304,820
35100 NASD Off 2,739,745 3,967,339 2,631,836 3,969,049 4,854,334
12:30 33532.38 33092.69 32698.86 32807.77 32128.47 NYSE Arca UP 80,789 52,161 122,776 71,196 175,814
Week's NYSE Arca Off 155,416 249,531 152,763 304,523 422,032
Components Change 1:00 33477.24 33036.79 32696.13 32719.21 32040.64
1:30 33448.48 32956.20 32621.64 32624.61 31890.14 % (QCHA) –.74 –1.00 –.18 –2.03 –2.15
3M -7.20 2:00 33418.86 32873.94 32651.46 32539.62 31823.19 % (QACH) –.78 –1.35 –.91 –1.52 ….
34100 % (QCHAQ) –.40 –.95 +.10 –2.22 –2.67
American Express -13.39 2:30 33416.31 32879.94 32715.03 32515.19 31886.30
Amgen -6.94 3:00 33409.83 32840.91 32687.94 32404.70 32022.23 Market Advance/Decline Totals
Apple -2.53 3:30 33396.68 32888.85 32680.23 32253.91 31949.81 NYSE NYSE
Boeing -12.04 Close 33431.44 32856.46 32798.40 32254.86 31909.64 Weekly Comp. NYSE Amer Nasdaq Arca
Caterpillar -28.30 High (t) 33698.27 33545.13 33030.06 33113.40 32565.38 Total Issues 3,287 334 5,204 1,968
33100 Advances 389 61 1,043 359
Chevron -5.29 Low (t) 33229.01 32780.54 32549.63 32172.57 31652.04
Declines 2,871 263 4,035 1,603
Cisco Systems -0.72 High (a) 33572.22 33453.25 32903.44 32990.46 32422.10 Unchanged 27 10 126 6
Coca-Cola -0.23 Low (a) 33383.47 32838.21 32612.70 32190.60 31783.41 New Highs 177 14 244 24
Disney -7.57 Change +40.47 –574.98 –58.06 –543.54 –345.22 New Lows 236 40 653 95
Dow -4.44 32100 Week ended last Friday compared to previous Friday
Goldman Sachs -29.42 Theoretical (t): High 33698.27 Low 31652.04
Home Depot -12.14 Actual (a): High 33572.22 Low 31783.41 NYSE Composite Daily Breadth
Honeywell International -3.49 Daily Mar 6 7 8 9 10
IBM -4.19 31100 Issues Traded 3,182 3,161 3,165 3,179 3,169
Intel 0.82 Dow Jones 20 Transport (divisor: 0.16343894576034) Advances 1,077 630 1,574 431 442
Johnson & Johnson -2.41 Open (t) 15101.11 14935.18 14768.45 14921.11 14545.19 Declines 1,980 2,430 1,459 2,680 2,637
JPMorgan Chase -10.01 Open (a) 15115.04 14933.62 14784.36 14897.86 14583.79 Unchanged 125 101 132 68 90
New Highs 87 58 45 51 25
McDonald's -7.04 10:00 15132.59 14876.41 14765.96 14945.29 14276.98
Merck 0.81 30100 10:30 15170.31 14858.79 14825.37 14945.59 14389.27
New Lows 23 49 56 96 209
Blocks - primary 4,436 4,182 4,012 4,744 5,007
Microsoft -6.70 11:00 15133.15 14886.37 14839.64 14947.55 14455.16 Total (000) - primary 936,588 877,439 784,821 973,189 1,185,477
Nike Cl B -3.45 11:30 15117.18 14919.32 14794.30 14893.85 14501.38 Total (000) 4,000,878 3,922,510 3,535,574 4,445,268 5,518,192
Procter & Gamble -3.76 12:00 15097.28 14917.00 14767.72 14884.23 14486.54
NYSE American Composite
Salesforce -13.25 29100 12:30 15105.64 14876.11 14773.24 14824.49 14318.00
Daily Mar 6 7 8 9 10
Travelers Cos -7.91 1:00 15060.15 14891.22 14756.72 14825.88 14343.12
UnitedHealth Group -18.23 1:30 15038.63 14850.68 14738.38 14796.57 14271.11 Issues Traded 316 306 309 306 308
Verizon Communications -1.58 Advances 112 84 126 77 92
2:00 15035.39 14809.47 14718.34 14731.57 14156.91
Visa Cl A -7.63 Declines 189 203 162 215 203
2:30 15040.99 14801.73 14768.91 14655.42 14222.01
Walgreens Boots Alliance -2.83 28100 Unchanged 15 19 21 14 13
3:00 15043.14 14770.01 14755.39 14690.45 14234.15 New Highs 8 6 4 3 2
Walmart -3.70 September October November December January February March 3:30 14986.58 14803.68 14763.62 14627.84 14244.86 New Lows 8 12 16 21 31
Close 14974.15 14786.56 14866.41 14569.17 14209.01 Blocks - primary 103 99 106 95 103
High (t) 15244.22 15028.70 14912.94 15037.82 14647.24 Total (000) - primary 11,133 10,090 8,660 9,492 12,251
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Low (t) 14927.81 14726.45 14664.16 14540.26 14092.97 Total (000) 144,554 126,544 109,790 117,986 153,544
Transportation High (a)
Low (a)
15195.58 14961.26 14873.78 15001.36
14961.31 14756.82 14709.25 14563.21
14583.79
14135.61
Nasdaq
16000 Daily Mar 6 7 8 9 10
Change –139.14 –187.59 +79.85 –297.24 –360.16 Issues Traded 4,752 4,710 4,712 4,731 4,718
Week's
Components Change Theoretical (t): High 15244.22 Low 14092.97 Advances 1,564 1,406 2,095 940 859
15500 Declines 2,986 3,100 2,380 3,597 3,671
Actual (a): High 15195.58 Low 14135.61
Alaska Air Group -2.34 Unchanged 202 204 237 194 188
American Airlines Group -0.90 New Highs 93 62 63 72 36
Avis Budget Group -39.80
15000 New Lows 93 154 193 308 547
CH Robinson Worldwide 1.34 Dow Jones 15 Utilities (divisor: 1.27924906167720) Blocks - primary 36,420 40,937 39,364 32,364 38,055
CSX -1.66 14500 Open (t) 916.19 922.10 903.31 913.68 905.09 Total (000) 4,982,890 5,422,827 5,085,973 5,061,798 6,193,501
Delta Air -1.60 Open (a) 916.61 921.86 903.68 912.58 903.19 NYSE Arca Composite
Expeditors Intl of Wash -2.01 10:00 918.82 921.39 903.50 913.67 899.14 Daily Mar 6 7 8 9 10
14000
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FedEx -7.89 10:30 922.21 911.59 904.60 911.59 895.76

Issues Traded 1,749 1,745 1,727 1,776 1,776
JB Hunt Transport -11.19 11:00 920.28 908.23 907.96 913.44 893.65 Advances 518 193 995 331 462
JetBlue Airways -0.79 13500 11:30 919.31 905.75 910.41 911.67 896.07 Declines 1,205 1,542 709 1,435 1,308
Kirby Corp -5.00 12:00 918.02 904.77 911.17 912.15 898.51 Unchanged 26 10 23 10 6
Landstar System -5.72 12:30 919.66 900.89 911.42 915.80 891.61 New Highs 15 6 2 4 1
Matson -4.34 13000 1:00 918.74 902.51 911.94 920.09 896.08 New Lows 7 24 23 45 54
Norfolk Southern -17.94 1:30 917.08 901.51 908.18 918.18 891.50 Blocks - primary 1,041 1,189 1,244 1,650 2,137
Old Dominion Freight -18.70 2:00 919.25 901.87 907.60 917.21 886.59 Total (000) - primary 246,612 307,283 276,529 375,923 599,958
12500 Total (000) 1,412,180 1,654,687 1,519,537 2,009,197 2,981,552
Ryder System -8.32 2:30 918.59 901.49 909.86 911.41 888.52
Southwest Airlines -1.41 3:00 918.63 901.13 911.21 905.70 887.67
12000
Union Pacific
United Airlines
-13.30
-2.09
3:30
Close
917.26
920.07
903.28
903.97
911.20
911.67
902.52
902.02
890.85
887.55 Other Market Indexes
United Parcel Service B -4.14 High (t) 925.07 924.31 914.51 920.83 907.47 Daily 3/06 3/07 3/08 3/09 3/10
11500
Low (t) 913.84 899.00 900.24 899.27 882.92
September October November December January February March NYSE Amer Comp4305.54 4254.15 4253.82 4206.39 4196.68
High (a) 924.32 923.51 913.87 920.47 906.25 AmMajorMkt 3031.06 2982.88 2970.23 2928.25 2910.59
Low (a) 915.80 900.20 900.81 899.20 883.45 BNY ADR Idx 151.38 149.21 149.83 147.18 145.47
Utilities Change +3.84 –16.10 +7.70 –9.65 –14.47 Europe
Latin Am
146.84 144.40 144.58
190.98 187.54 191.54
142.80
188.18
141.57
184.01
1075 Theoretical (t): High 925.07 Low 882.92 Asia 175.64 173.94 175.00 170.28 167.66
Week's Actual (a): High 924.32 Low 883.45 Emerg M 291.17 286.86 289.12 279.95 276.70
Components Change DJ US TSM Float40856.26 40254.83 40304.05 39494.14 38818.07
Nasdaq Cmp 11675.74 11530.33 11576.00 11338.35 11138.89
AES -1.84 100 Index 12302.48 12152.17 12215.33 11995.88 11830.28
Dow Jones 65 Composite (divisor: 0.77130165331605)
American Elec Power -1.56 1020 Indus. 8135.11 8039.77 8027.59 7837.63 7720.51
American Water Works -6.05 Open (t) 11295.58 11273.77 11089.19 11157.24 10914.85
Insur. 12433.46 12273.29 12201.08 11849.56 11585.01
Atmos Energy -3.57 Open (a) 11298.44 11269.29 11098.08 11137.83 10919.63
Banks 4116.71 3994.75 3981.59 3651.54 3481.91
Consolidated Edison -0.07 10:00 11319.14 11272.16 11091.76 11166.45 10861.84 Computer 9031.11 8922.84 9005.59 8853.52 8701.28
Dominion Energy -2.73 10:30 11333.41 11216.27 11102.20 11142.13 10855.68 Telecom 391.68 385.71 385.68 380.46 375.79
Duke Energy -2.56 965 11:00 11313.55 11181.06 11085.09 11141.44 10929.07 NYSE Comp.-z 15694.34 15439.02 15440.64 15140.79 14894.18
Edison International -1.07 11:30 11308.12 11167.35 11090.77 11125.60 10939.76 Financial-z 9219.34 9014.37 9018.78 8741.72 8521.70
Exelon -1.20 12:00 11313.57 11147.18 11102.83 11116.82 10854.79 Health Care-z22349.43 22005.66 21868.15 21643.87 21487.16
12:30 11320.37 11168.19 11071.48 11124.22 10838.21 Energy-z 13202.84 12954.15 12852.62 12671.26 12526.26
FirstEnergy -1.67
1:00 11298.22 11148.95 11066.92 11099.18 10810.83 Russell 1000 2228.86 2195.53 2198.33 2155.48 2120.53
NextEra Energy -0.82 910 2000 1899.76 1878.72 1879.48 1826.59 1772.70
Public Svc Enterprise -4.01 1:30 11292.72 11123.85 11040.81 11062.58 10756.79
3000 2349.31 2314.73 2317.56 2271.17 2232.52
Sempra -6.78 2:00 11279.22 11096.35 11051.71 11032.31 10727.09 Value-v 1537.66 1511.70 1510.63 1478.70 1455.77
Southern -0.87 2:30 11282.21 11096.79 11075.96 11015.23 10745.51 Growth-v 2356.62 2325.96 2333.56 2291.92 2253.13
Xcel Energy -1.88 3:00 11277.32 11085.29 11064.12 10976.22 10800.57 MidCap 2886.14 2843.44 2849.17 2780.01 2706.69
855 3:30 11263.01 11106.86 11072.03 10933.75 10779.06 S&P 100 Index 1816.36 1789.26 1790.66 1758.64 1739.04
Close 11275.52 11095.96 11114.22 10928.32 10760.09 500 4048.42 3986.37 3992.01 3918.32 3861.59
High (t) 11393.53 11316.47 11174.36 11227.71 11014.98 Ind. 5631.76 5555.50 5563.72 5477.24 5403.96
Low (t) 11215.55 11060.04 11003.48 10901.45 10677.15 MidCap 2615.65 2584.80 2586.43 2524.03 2452.59
High (a) 11349.84 11276.70 11121.67 11187.00 10957.09 SmallCap 1241.11 1228.70 1231.41 1202.34 1172.34
800 Low (a) 11260.94 11082.97 11038.90 10911.18 10713.83
Value Line(A) 9279.56 9167.75 9182.13 8972.15 8758.80
Value Line(G) 577.13 570.02 570.82 557.52 544.13
September October November December January February March Change –15.15 –179.56 +18.26 –185.90 –168.23 DJ US Small TSM13079.79 12927.43 12934.86 12571.36 12201.56
Note: Theoretical highs and lows are shown. A red chart indicates a lower price than the starting period. Green means it's higher than the starting period. Theoretical (t): High 11393.53 Low 10677.15 (A)-Arithmetic Index. (G)-Geometric Index.
Actual (a): High 11349.84 Low 10713.83 (v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec. 31,2002=5000.
 58 BARRON’S March 13, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

The Week In Stocks For the Major Indexes

12-Month Weekly Friday Weekly 12-Month Change From
Indexes’ P/Es & Yields
DJ latest 52-week earnings and dividends adjusted by Dow Divisors
Stock Volume
at Friday's close. S&P Dec. 4-quarter's GAAP earnings as reported Last Week Prev. Week Year Ago YOY % Chg
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/30 % Chg. and indicated dividends based on Friday close.S&P 500 P/E ratios
based on GAAP earnings as reported. For additional earnings NYSE(a) 4,757,513 5,065,190 6,167,252 -22.86
Dow Jones Indexes series, please refer to www.spglobal.com. DJ latest available book 30 Dow Inds (b) 1,593,051 1,470,639 2,232,653 -28.65
35294.19 28725.51 30 Indus 33431.44 31909.64 31909.64 –1481.33 –4.44 –1034.55 –3.14 –1237.61 –3.73 values for FY 2021 and 2020, and S&P latest for 2021 and 2020. r- 20 Dow Trans (b) 422,682 332,281 1,001,432 -57.79
16718.54 11999.40 20 Transp 14974.15 14209.01 14209.01 –904.28 –5.98 –1023.96 –6.72 817.10 6.10 Revised data 15 Dow Utils (b) 232,664 325,582 311,914 -25.41
1071.75 838.99 15 Utilities 920.07 887.55 887.55 –28.68 –3.13 –91.13 –9.31 –79.85 –8.25 65 Dow Stks (b) 2,248,398 2,128,501 3,545,999 -36.59
NYSE American (a) 51,627 52,604 208,310 -75.22
12199.42 9679.49 65 Comp 11275.52 10760.09 10760.09 –530.58 –4.70 –571.64 –5.04 –202.74 –1.85
Last Week Prev. Week Last Year Nasdaq(d) 26,746,989 25,178,478 28,380,914 -5.76
Dow Jones Indexes
46941.20 36056.21 US TSM Float 40856.26 38818.07 38818.07 –2097.15 –5.13 –3763.28 –8.84 297.47 0.77 DJ Ind Avg 31909.64 33390.97 32944.19 NYSE 15 Most Active
1142.22 876.95 US Market 993.39 944.94 944.94 –49.05 –4.93 –89.63 –8.66 7.11 0.76 P/E Ratio 20.76 21.72 18.42 Average Price 15.81 16.66 23.18 -31.79
Earns Yield % 4.82 4.60 5.43 % Tot Vol 13.26 13.94 15.04 -11.84
889.01 528.30 Internet 640.08 599.40 599.40 –42.89 –6.68 –158.40 –20.90 38.67 6.90
Earns $ 1537.23 1537.23 1788.14 Stock Offerings $(z,v) 3,373,600 r6,196,200 1,011,700 233.46
New York Stock Exchange
17014.76 13472.18 Comp-z 15694.34 14894.18 14894.18 –826.89 –5.26 –859.52 –5.46 –290.13 –1.91 Divs Yield % 2.19 2.09 1.96
Daily Stock Volume 3/6 3/7 3/8 3/9 3/10
10255.55 7655.99 Financial-z 9219.34 8521.70 8521.70 –690.25 –7.49 –861.35 –9.18 –147.08 –1.70 Divs $ 699.98 697.08 644.39
Mkt to Book 4.29 4.49 5.03 NYSE(a) 936,588 877,439 784,821 973,189 1,185,477
24968.12 20936.55 Health Care-z 22349.43 21487.16 21487.16 –872.70 –3.90 –996.20 –4.43 –1952.68 –8.33 30 Inds (b) 329,821.3 301,592.9 242,756.9 318,637.6 400,242.4
14030.84 10452.57 Energy-z 13202.84 12526.26 12526.26 –664.61 –5.04 790.68 6.74 –525.63 –4.03 Book Value $ 7439.45 7439.45 6543.35 20 Trans (b) 70,859.4 89,550.5 64,788.1 80,872.9 116,611.3
NYSE American Stock Exchange DJ Trans Avg 14209.01 15113.29 15232.97 15 Utils (b) 46,626.0 48,872.4 40,481.6 43,770.8 52,913.6
4688.00 3582.25 NYSE Amer Comp 4305.54 4196.68 4196.68 –189.85 –4.33 229.95 5.80 61.35 1.48 P/E Ratio 11.09 11.80 17.74 65 Stks (b) 447,306.7 440,015.7 348,026.5 443,281.3 569,767.3
Earns Yield % 9.01 8.47 5.64 NYSE Amer(a) 11,133 10,090 8,660 9,492 12,251
3148.89 2510.61 Major Mkt 3031.06 2910.59 2910.59 -112.04 –3.71 –9.33 –0.32 –27.44 –0.93 Nasd(d) 4,982,890 5,422,827 5,085,973 5,061,798 6,193,501
Earns $ 1280.72 1280.72 858.91
Standard & Poor's Indexes
Divs Yield % 1.41 1.31 1.07 NYSE 15 Most Active
2133.22 1615.09 100 Index 1816.36 1739.04 1739.04 –71.93 –3.97 –186.31 –9.68 29.87 1.75
Divs $ 201.05 198.61 163.60 Avg. Price 11.47 21.42 13.24 23.36 27.95
4631.60 3577.03 500 Index 4048.42 3861.59 3861.59 –184.05 –4.55 –342.72 –8.15 22.09 0.58 % Tot Vol 15.51 13.57 13.18 15.29 15.28
Mkt to Book 4.42 4.70 5.15
6453.51 4996.32 Indus 5631.76 5403.96 5403.96 –222.86 –3.96 –429.64 –7.36 91.65 1.73
Book Value $ 3214.72 3214.72 2957.33 Numbers in thousands save price and percentages. (a) Primary volume. (b) Composite volume. (d) as of 4:10 pm.
2773.72 2200.75 MidCap 2615.65 2452.59 2452.59 –195.68 –7.39 –118.17 –4.60 22.21 0.91
DJ Utility Avg 887.55 916.23 978.68 (r) Revised. (v) W/E Thursday. (z) Source: Refinitiv.
1357.33 1064.45 SmallCap 1241.11 1172.34 1172.34 –97.41 –7.67 –112.36 –8.75 14.81 1.28
P/E Ratio 24.46 25.25 28.08
Nasdaq Stock Market
Earns Yield % 4.09 3.96 3.56
14619.64 10213.29 Comp 11675.74 11138.89 11138.89 –550.12 –4.71 –1704.92 –13.27 672.41 6.42
Earns $ 36.29 36.29 34.86
15239.32 10679.34
10817.54 7178.71
100 Index
Indus
12302.48
8135.11
11830.28
7720.51
11830.28
7720.51
–460.53
–470.94
–3.75
–5.75
–1471.55
–1561.78
–11.06
–16.83
890.52
372.84
8.14
5.07
Divs Yield %
Divs $
3.36
29.80
3.25
29.78
2.92
28.54
NYSE HALF-HOURLY VOLUME
12643.69 9622.71 Insur 12433.46 11585.01 11585.01 –902.25 –7.23 935.04 8.78 –56.88 –0.49 Mkt to Book 2.04 2.10 2.49 Daily 3/06 3/07 3/08 3/09 3/10
4961.99 3481.91 Banks 4116.71 3481.91 3481.91 –666.94 –16.08 –1303.11 –27.23 –563.05 –13.92 Book Value $ 435.47 435.47 392.45
11319.62 7416.59 Computer 9031.11 8701.28 8701.28 –287.37 –3.20 –1166.89 –11.82 894.32 11.46 S&P 500 Index 3861.59 4045.64 4204.31 9:30-10:00 102,108 89,126 88,613 88,775 150,910
463.38 329.24 Telecom 391.68 375.79 375.79 –15.45 –3.95 –65.43 –14.83 4.33 1.17 P/E Ratio 20.64 21.63 23.98 10:00-10:30 44,426 55,569 44,509 42,608 64,696
Russell Indexes Earns Yield % 4.84 4.62 4.17 10:30-11:00 41,457 45,181 35,526 37,015 57,353
2559.44 1969.25 1000 2228.86 2120.53 2120.53 –109.44 –4.91 –199.04 –8.58 14.63 0.69 Earns $ 187.08 187.08 175.36
2133.10 1649.84 2000 1899.76 1772.70 1772.70 –155.56 –8.07 –206.97 –10.45 11.46 0.65 11:00-11:30 33,545 33,867 30,930 34,644 50,559
Divs Yield % 1.79 1.71 1.52
2694.04 2076.07 3000 2349.31 2232.52 2232.52 –120.03 –5.10 –212.59 –8.69 15.37 0.69 Divs $ 69.12 69.18 63.91 11:30-12:00 28,063 29,724 29,131 32,567 52,395
1665.08 1339.62 Value-v 1537.66 1455.77 1455.77 –85.52 –5.55 –101.63 –6.53 –41.35 –2.76 Mkt to Book 3.83 4.01 4.53 12:00-12:30 25,621 31,069 27,700 32,014 43,260
2869.56 2082.30 Growth-v 2356.62 2253.13 2253.13 –100.25 –4.26 –267.65 –10.62 94.94 4.40 Book Value $ 1008.02 1008.02 927.52 12:30-1:00 28,137 24,934 24,400 31,810 41,909
3193.87 2481.47 MidCap 2886.14 2706.69 2706.69 –200.97 –6.91 –207.84 –7.13 6.02 0.22 S&P Ind Index 5403.96 5626.82 5833.60
Others 1:00-1:30 25,210 25,212 26,236 32,912 46,154
P/E Ratio 21.75 22.65 28.12
9834.49 7679.59 Value Line-a 9279.56 8758.80 8758.80 –627.25 –6.68 –301.11 –3.32 228.77 2.68 Earns Yield % 4.60 4.42 3.56 1:30-2:00 25,715 31,543 23,780 35,639 46,307
653.15 491.56 Value Line-g 577.13 544.13 544.13 –39.74 –6.81 –59.71 –9.89 7.78 1.45 Earns $ 248.47 248.47 207.49 2:00-2:30 28,461 28,412 23,529 37,969 52,837
14538.46 11195.10 DJ US Small TSM 13079.79 12201.56 12201.56 –1074.52 –8.09 –1270.33 –9.43 150.45 1.25
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Divs Yield % 1.60 1.54 1.37 2:30-3:00 27,481 27,050 24,670 34,903 43,650
988.09 760.10 Barron's Future Focus 876.91 830.08 830.08 –50.02 –5.68 –64.62 –7.22 17.92 2.21 Divs $ 86.46 86.65 79.92 3:00-3:30 36,710 34,446 30,970 53,330 53,066
1051.05 825.73 Barron's 400 991.05 929.74 929.74 –74.05 –7.38 –45.14 –4.63 9.35 1.02 Mkt to Book 5.19 5.40 6.23
3:30-4:00 489,656 421,306 374,829 479,001 482,382
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec. 31,1965=50 z-Dec. 31,2002=5000 Book Value $ 1042.07 1042.07 936.72

Selected IPOs
U.S. Dollar Index vs Euro and Yen Per Share Values of Stocks Ticker Initial Offer Price IPO Date Recent Price %Chg
Purchase Power: The Fed remained hawkish in the inflation fight, while unemployment ticked up. Yields
eased late in the week. Measuring the dollar against six other currencies, the ICE U.S. Dollar Index edged up In the Dow Jones Averages Atlas Energy Solutions
Xiao-I
AESI
AIXI
18.00
6.80
3/9
3/9
16.50
6.49
-8.3%
-4.6%
0.1% on the week, to $104.62 This is a list of the Dow Jones trailing 52-week diluted share
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

earnings, dividends and book values as reported by the company.

25 Bolded numbers indicate new values. Sources Barron's Stats and
FactSet.
DXY (104.64) 20 Industrial Stocks
s
15 Book Book
10
Earns Divs. Value Earns Divs. Value
New Listings
5
Am Exp
Amgen
9.84 2.08 29.14
12.11 7.95 12.00
Johnson&John
JPMorgChase
6.74 4.52 28.16
12.08 4.00 88.07 Investor Sentiment Readings NYSE
Apple 5.89 0.92 3.84 McDonalds 8.35 5.80 (6.17) High bullish readings in the Consensus stock index or in the Market
0 Boeing (8.29) Suspended (25.47) Merck Co 5.71 2.80 15.11 Vane stock index usually are signs of Market tops; low ones, market Atlas Energy Solutions (AESI)
EURO in $ Caterpillar 12.65 4.71 30.76 Microsoft 9.00 2.60 22.31 bottoms. NYSE American
s -5 Last Week 2 Weeks Ago 3 Weeks Ago
Chevron Corp 18.28 5.77 72.06 Nike Inc 3.55 1.29 9.73
None
-10 Cisco Sys 2.73 1.52 9.79 Proc Gam 5.70 3.6532 19.11 Consensus Index
s Coca Cola 2.20 1.74 5.32 3M Co 10.15 5.97 26.31 Nasdaq
-15 Disney Walt 1.82 0.00 48.71 Salesforce.com 0.21 0.00 58.78 Consensus Bullish Sentiment 59% 60% 63%
YEN in $ Dow 6.24 2.80 24.71 Travelers Cos 11.75 3.72 119.76 PishPosh (BABY)
-20
-25
Goldman Sachs
Home Depot
30.06 9.50 297.50
16.68 7.79 (1.64)
UnitedHealthGrp
Verizon
21.19 6.40 76.26
5.06 2.585 19.48
AAII Index

Bullish 24.8% 23.4% 21.6%

Name
Honeywell 7.27 4.00 27.12 Visa 7.15 1.575 16.32
A M J J A S O N D J F M IBM
Intel
6.95
1.96
6.59 21.05
1.46 23.44
Walgreens
Wal-mart
(3.44) 1.9175 27.06
4.28 2.24 30.15
Bearish 41.7 44.8 38.6 Changes
Source: Tullett Prebon Neutral 33.4 31.8 39.8 NYSE
None
Transportation Stocks Market Vane
NYSE American
Bullish Consensus 39% 39% 40% Ambipar Emergency Response
AlaskaAirGroup 0.43 Suspended 30.19 Kirby Corp 2.03 Nil 48.02 (AMBI), formerly HPX (HPX)
Distributions & Offerings 144 Filings AmericanAirlines
AvisBudgetGrp
(0.01) Suspended (11.33)
57.18 Nil (3.93)
Landstar Sys
Matson Inc
12.14
26.71
1.10 22.87
1.22 40.67
TIM Group Market Sentiment Nasdaq
Carisma Therapeutics (CARM),
C.H. Robinson 7.30 2.32 15.65 Norf Southern 13.90 5.07 56.80 Indicator 48.5% 46.0% 42.5% formerly Sesen Bio (SESN)
Secondary Distributions of common stocks SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to
CSX Corp 1.94 0.41 6.13 Old Dominion 12.18 1.30 32.00 SMX (SMX), formerly
sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale. Sources: Consensus Inc.; American Association of
AerCap Holdings NV 23,000,000 $58.50 $1,345,500,000 (Sometimes shares aren't sold, even though their owner has filed a Form144.) Source: Thomson Delta Air Lines 2.04 Suspended 6.07 Ryder Sys 4.18 2.44 52.02 Lionheart III (LION)
Individual Investors; Market Vane; TIM Group
BridgeBio Pharma
Clearwater Analytics Holdings
8,823,530
13,000,000
$17.00 $150,000,010
$15.00 $195,000,000
Reuters Expeditors Int'l
FedEx
8.24 1.34 20.90
12.73 4.60 95.98
Southwest Air
Un Pacific
0.80
11.22
Nil 17.59
5.08 22.17 Trading
Shares Sale Hunt (JB) 9.20 1.62 29.67 UPS 13.20 6.18 16.38
DoubleVerify Holdings
Goldman Sachs BDC
14,375,000
6,500,000
$26.65 $383,093,750
$15.25 $99,100,300
Company Sym Indicated $ Value Date Seller Title JetBlue Air (1.12) Nil 12.03 United Airlines 2.17 Nil 15.53
Arms Index Suspended
Freshworks FRSH 1,000,002 14,940,030 3/1/23 Mathrubootham,Rathnagirish AF NYSE
Hamilton Lane 671,737 $76.96 $51,699,970 Canon (CAJ)
Roblox RBLX 550,000 20,614,000 3/2/23 Baszucki, David AF Utility Stocks The Arms index, also known as the short term trading index,
Intelligent Bio Solutions 569,560 $3.90 $2,221,284 is a number derived by dividing one quotient into another Myovant Sciences (MYOV)
Bentley Systems BSY 500,000 21,250,000 3/3/23 Bentley, Barry O quotient. The numerator in the index is the number of Vivint Smart Home (VVNT)
Miromatrix Medical 6,250,000 $1.60 $10,000,000 advancing stocks divided by the number of declining stocks.
Sunrun RUN 400,000 9,616,000 2/28/23 Jurich, Lynn D AES Corp. (0.34) 0.6399 2.96 Exelon 2.19 1.3725 35.13
ONE Gas 2,000,000 $76.90 $153,800,000 As of 3/14/11, the denominator in the index is now the NYSE American
Am Elec 4.51 3.15 44.49 FirstEnergy 0.57 1.56 15.21 composite volume of advancing stocks divided by the
Permian Resources 27,500,000 $11.00 $302,500,000 Draftkings DKNG 278,634 5,233,527 2/28/23 Liberman, Paul AF composite volume of declining stocks. None
AmericanWaterWorks 4.51 2.5675 40.18 NextEra Energy 2.09 1.7425 18.95
Portillo's 8,000,000 $21.05 $168,400,000 Okta OKTA 258,823 22,142,308 3/6/23 Runyan, Jonathan AF Atmos Energy 5.71 2.84 59.71 Xcel Energy 3.06 1.95 28.70 Nasdaq
Daily 3/6 3/7 3/8 3/9 3/10
Shoals Technologies Group 24,501,650 $24.70 $605,190,755 Certara CERT 250,000 5,202,500 3/3/23 Slaine, Mason AF Con Ed 4.68 3.18 56.60 Pub Sv Ent 3.40 2.19 28.65 Albireo Pharma (ALBO)
DominionEnergy 1.09 2.67 31.51 Sempra Energy 6.62 4.58 79.17 Concert Pharmaceutcls (CNCE)
Southwest Gas Holdings 4,112,607 $60.12 $247,249,933 Invesco Ltd IVZ 232,413 4,052,349 3/1/23 Flanagan, Martin CEO NYSE 1.04 1.37 1.10 2.11 1.29 F-star Therapeutics (FSTX)
Duke Energy 3.32 4.00 61.55 Southn Co. 1.36 2.72 25.36 Lucira Health (LHDX)
Stagwell 16,000,000 $6.75 $108,000,000 Moelis & Co MC 229,401 9,915,124 2/28/23 Mahmoodzadegan, Navid AF NYSE American .83 .94 1.69 2.71 1.23
Edison Int'l 1.61 2.8375 36.57 O2Micro International (OIIM)
Source: Dealogic LLC, New York City; (212) 577-4400. Core & Main CNM 216,667 5,189,175 3/3/23 Schneider, Laura AF Nasdaq .65 1.26 .97 .98 .87 Rubius Therapeutics (RUBY)
 March 13, 2023 BARRON’S 59

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Dow Jones U.S. Total Market Industry Groups CBOE Put / Call Ratio Foreign Exchange
Foreign
Currency
Foreign
Currency
U.S. $ in
Foreign
U.S. $ in
Foreign

Net Change % Change and Ranking 52 Week

vs. S&P 100 Country
in U.S.$
Fri.
in U.S.$
Last Fri.
Currency
Fri.
Currency
Last Fri.
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Readings in the CBOE equity put-call ratio of 60:100 and in the Argentina (Peso)-y .0050 .0050 200.7494 198.2745
S&P 100 of 125:100 are considered bullish, for instance. Bearish Australia (Dollar) .6582 .6768 1.5193 1.4775
Food Retailers & Whlslrs DJUSFD 777.51 + 4.76 27.86 +.62 [1] –8.86 [89] +3.72 [43] +15.46 962.72 705.63 signals flash when the equity put-call level reaches the vicinity of Bahrain (Dinar) 2.6529 2.6529 .3769 .3769
Home Construction DJUSHB 1493.42 + 6.50 160.05 +.44 [2] +11.62 [11] +12.00 [18] +18.65 1,606.67 1,003.88 30:100 and the index ratio hits 75:100. Brazil (Real) .1917 .1925 5.2170 5.1957
Tobacco DJUSTB 721.60 + .01 –5.00 0 [3] +.08 [45] –.69 [84] +6.05 807.20 611.73 Bulgaria (Lev) .5455 .5437 1.8332 1.8391
Brewers DJUSDB 566.61 – 1.65 9.97 –.29 [4] –2.32 [56] +1.79 [67] +4.86 644.83 519.86 S&P 100 CBOE Canada (Dollar) .7231 .7354 1.3829 1.3598
Waste & Disposal Svcs DJUSPC 438.92 – 1.35 –9.34 –.31 [5] +.26 [43] –2.08 [96] +11.44 497.83 399.04 Chile (Peso) .001253 .001245 798.15 803.16
China (Renminbi) .1448 .1448 6.9063 6.9074
Soft Drinks DJUSSD 904.77 – 3.50 –49.86 –.39 [6] +5.60 [18] –5.22 [109] +7.79 978.08 837.93 4.75 1.65 Colombia (Peso) .0002119 .0002088 4718.63 4788.63
Diversified Industrials DJUSID 548.70 – 2.19 22.44 –.40 [7] +5.43 [20] +4.26 [42] +10.60 568.44 424.68
Czech. Rep. (Koruna) …… .. …… .. …… .. …… ..
Computer Hardware DJUSCR 7488.97 – 34.03 986.82 –.45 [8] –8.12 [82] +15.18 [12] +29.90 8,941.54 6,275.02 Commercial rate .04499 .04528 22.227 22.085
Telecom Equipment DJUSCT 1420.48 – 7.16 44.59 –.50 [9] –9.84 [95] +3.24 [47] +10.29 1,630.75 1,173.05 Denmark (Krone) .1430 .1429 6.9951 6.9969
Food & Drug Retailers DJUSDR 979.96 – 6.00 9.90 –.61 [10] –8.51 [87] +1.02 [72] +12.71 1,195.19 909.07 3.85 1.40 EcuadorUS Dollar 1.0000 1.0000 1.0000 1.0000
Beverages DJUSBV 959.31 – 6.73 –52.39 –.70 [11] +4.94 [21] –5.18 [108] +7.75 1,046.33 894.17 Egypt (Pound)-y .0324 .0325 30.8989 30.7717
Technology Hardware & Equip DJUSTQ 3682.80 – 34.20 538.78 –.92 [12] –8.20 [84] +17.14 [7] +25.89 4,437.52 2,996.31 Hong Kong (Dollar) .1274 .1274 7.8471 7.8479
Conventional Electricity DJUSVE 308.43 – 3.07 –26.57 –.98 [13] –6.17 [69] –7.93 [129] +1.10 367.66 293.10 Hungary (Forint) .002778 .002804 360.02 356.58
Electricity DJUSEU 307.96 – 3.10 –26.47 –1.00 [14] –6.20 [70] –7.91 [128] +1.09 367.22 292.73 2.95 1.15 Iceland (Krona) .007082 .007095 141.21 140.94
Delivery Svcs DJUSAF 1417.44 – 15.52 112.28 –1.08 [15] –8.05 [81] +8.60 [25] +25.24 1,663.81 1,172.21 India (Rupee) .01219 .01224 82.018 81.717
Food & Beverage DJUSFB 767.30 – 9.94 –44.20 –1.28 [16] +3.21 [30] –5.45 [113] +8.35 832.04 722.59 Indonesia (Rupiah) .0000645 .0000655 15503 15278
Israel (Shekel) .2781 .2727 3.5955 3.6665
Multiutilities DJUSMU 229.23 – 3.40 –16.57 –1.46 [17] –6.38 [72] –6.74 [126] +1.17 274.00 211.77
2.05 0.90 Japan (Yen) .007407 .007361 135.00 135.85
General Industrials DJUSGI 499.31 – 7.53 14.52 –1.49 [18] –.34 [46] +3.00 [53] +9.63 530.37 402.99 Kazakhstan (Tenge) .002223 .002319 449.91 431.21
Semiconductor DJUSSC 7137.43 – 109.73 1,295.48 –1.51 [19] –8.18 [83] +22.18 [5] +24.77 8,776.85 4,942.75 Kuwait (Dinar) 3.2583 3.2581 .3069 .3069
Pharmaceuticals DJUSPR 744.54 – 14.64 –96.25 –1.93 [20] –1.02 [51] –11.45 [138] +9.44 862.09 737.75 Macau (Pataca) .1243 .1236 8.0462 8.0891
1.15 0.65 Malaysia (Ringgit)-b .2213 .2234 4.5195 4.4760
Net Change % Change and Ranking 52 Week Mexico (Peso) …… .. …… .. …… .. …… ..
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Floating rate .0541 .0557 18.4966 17.9566
New Zealand (Dollar) .6132 .6224 1.6308 1.6067
Heavy Construction DJUSHV 1017.09 – 29.79 76.16 –2.85 [43] +31.41 [1] +8.09 [27] +39.31 1,046.87 701.03 0.25 0.40 Norway (Krone) .0940 .0963 10.6346 10.3831
Steel DJUSST 593.52 – 38.98 120.34 –6.16 [120] +27.43 [2] +25.43 [4] +55.92 632.49 364.57 Oman (Rial) 2.5970 2.5974 .3851 .3850
Commercial Vehicles DJUSHR 3752.57 – 145.74 114.19 –3.74 [78] +17.68 [3] +3.14 [48] +31.72 3,898.31 2,650.92 M A M J J A S O N D J F M Pakistan (Rupee) .00358 .00362 279.312 276.000
Industrial Engineering DJUSIQ 3203.46 – 101.85 174.97 –3.08 [53] +14.88 [4] +5.78 [37] +24.58 3,305.30 2,352.13 Source: CBOE Philippines (Peso) .01812 .01801 55.180 55.520
Integrated Oil & Gas DJUSOL 751.59 – 22.74 –38.93 –2.94 [47] +14.61 [5] –4.92 [106] +33.92 837.28 603.64 Poland (Zloty) .2274 .2259 4.3976 4.4269
Apparel Retailers DJUSRA 1116.00 – 53.62 –62.39 –4.58 [98] +14.04 [6] –5.29 [111] +7.74 1,246.78 814.48 Qatar (Rial) .2743 .2747 3.6455 3.6410
Russia (Ruble)-a .01312 .01326 76.200 75.400
Oil & Gas Producers DJUSOG 816.45 – 34.09 –48.07 –4.01 [89] +13.42 [7] –5.56 [114] +38.74 938.45 666.70
Restaurants & Bars
Exploration & Production
DJUSRU
DJUSOS
2440.84
956.43
– 62.46
– 52.47
13.96
–64.04
–2.50
–5.20
[31]
[105]
+12.85
+12.71
[8]
[9]
+.58
–6.28
[73]
[123]
+13.47
+46.19
2,587.17
1,150.57
2,020.05
791.21
Coming Earnings Saudi Arabia (Riyal)
Singapore (Dollar)
South Africa (Rand)
.2664
.7407
.0546
.2664
.7436
3.7541
1.3501
.0551 18.3224
3.7531
1.3448
18.1411
Industrial Machinery DJUSFE 944.05 – 23.25 74.78 –2.40 [29] +12.12 [10] +8.60 [24] +18.31 970.33 713.06 Day Consensus Year South Korea (Won) .0007572 .0007718 1320.63 1295.73
Home Construction DJUSHB 1493.42 + 6.50 160.05 +.44 [2] +11.62 [11] +12.00 [18] +18.65 1,606.67 1,003.88 Estimate Ago Sri Lanka (Rupee) .0031 .0029 323.4500 339.5900
Auto Parts DJUSAT 532.35 – 24.67 57.24 –4.43 [97] +11.49 [12] +12.05 [17] +15.44 568.96 410.38 Sweden (Krona) .0933 .0957 10.7178 10.4547
Commodity Chemicals DJUSCC 682.47 – 35.55 24.31 –4.95 [103] +10.88 [13] +3.69 [45] +21.08 718.02 532.72 Switzerland (Franc) 1.0852 1.0685 .9215 .9359
Continued from page 11. Taiwan (Dollar) .03242 .03277 30.844 30.513
Industrial Suppliers DJUSDS 564.48 – 18.69 66.72 –3.20 [56] +10.23 [14] +13.40 [14] +26.02 590.97 442.88
Oil Equipment & Svcs DJUSOI 289.72 – 22.47 –6.71 –7.20 [127] +10.16 [15] –2.26 [98] +41.41 321.92 189.69 Thailand (Baht) .02873 .02899 34.810 34.500
W Turkey (New Lira)-d .0527 .0531 18.9617 18.8245
Property & Casualty DJUSIP 1239.44 – 51.60 –21.04 –4.00 [88] +9.30 [16] –1.67 [90] +14.74 1,310.67 1,077.90
Ukraine (Hryvnia) .0271 .0271 36.8500 36.9500
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Aerospace DJUSAS 1621.94 – 73.25 41.95 –4.32 [93] +6.65 [17] +2.66 [59] +8.22 1,715.44 1,217.62 Five Below (Q4) 3.06 2.49 U.K. (Pound) 1.2034 1.2043 .8310 .8304
Soft Drinks DJUSSD 904.77 – 3.50 –49.86 –.39 [6] +5.60 [18] –5.22 [109] +7.79 978.08 837.93 Uruguay (Peso) …… .. …… .. …… .. …… ..
Specialized Consumer Svcs DJUSCS 1901.82 – 59.66 57.09 –3.04 [52] +5.55 [19] +3.10 [49] +6.98 2,018.15 1,605.48 TH Financial .02558 .02554 39.093 39.155
Diversified Industrials DJUSID 548.70 – 2.19 22.44 –.40 [7] +5.43 [20] +4.26 [42] +10.60 568.44 424.68 Blue Apron (Q4) -0.75 -0.93 Euro 1.0641 1.0634 .9397 .9403
Dollar General (Q4) 2.98 2.58 Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg column shows the change from previous 65-day moving British, and Japanese currencies. Source: International Monetary Fund.
average. Volume figures do not reflect extended trading hours. FedEx (Q3) 2.75 4.59 a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
Jabil (Q2) 1.85 1.68 2005. y-floating rate.
Lands’ End (Q4) 0.00 0.21
(Earnings are diluted and report dates are tentative. All fore-
casts and historical numbers exclude extraordinary items by
accounting definitions.)
Money Rates
Delta Market Pulse of the Economy
Source: FactSet
Latest Week Prev. Week Yr Ago

Discount Rate (NY) 4.75 4.75 0.25

Sentiment Conference Call Calendar Earnings-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr Prime Rate (base) 7.75 7.75 3.25
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg
Indicator No Activity for this Week
Inflation Company Date Time
Related
Period
Fed Funds Rate

Avg effective offer 4.58 4.59 0.09

The Delta MSI measures the Production Avg weekly auction-c 4.57 4.58 0.08
ECRI Industrial Price Index f Mar 10 118.10 119.54 167.36 –29.43 Adobe March 15 5:00PM Q1
position of a representative set
of stocks relative to an Electric power, (mil. kw hrs) (EEI) Mar 4 74,916 74,362 74,439 0.64 FedEx March 16 5:30PM Q3 T-Bills Rate
Employment
intermediate-term moving Petroleum, related capacity, % Mar 3 86.0 85.8 89.3 –3.70 Lennar March 15 11:00AM Q1
average crossover (MAC) point. Rotary rigs running, U.S. & Can., (Hughes) Mar 10 969 995 869 11.51 Civil labor force, (thous.) Feb 166,251 165,832 163,862 1.46 Source: CCBN, www.ccbn.com 13 weeks, Coupon Yield 4.903 4.888 0.386
When greater than 50% of the Steel, (thous. tons) Mar 4 1,664 1,674 1,729 –3.76 Employed, (thous.) Feb 160,315 160,138 157,590 1.73 13 weeks, Auction Rate 4.765 4.750 0.380
stocks followed are above this All non–farm payrolls, (thous.) Feb 155,350 155,039 149,606 3.84 26 weeks, Coupon Yield 5.183 5.151 0.722
MAC point, the market is Steel, rated capacity, % (AISI) Mar 4 74.4 74.9 79.6 –6.53 26 weeks, Auction Rate 4.970 4.940 0.710
bullish. When the indicator is
below 50%, risk is elevated and Consumption and Distribution
Government payrolls, (thous.)
Goods prod payrolls, (thous.)
Feb 22,495
Feb 21,532
22,449 22,268
21,512 20,523
1.02
4.92 Barron’s 50-Stock Average Avg weekly auction-c
Broker Call Rate
4.73
6.50
4.72
6.50
0.34
2.00
stock exposures should be Factory shipments, (bil. $) Jan 547.78 r543.94 537.90 1.84 Initial jobless claims (thous.) Mar 4 211 r190 198 6.57 This index is a weighted average of 50 leading issues. Useful in secu-
reduced. Manager uses Continuing claims (mil.) Feb 25 1.718 r1.649 1.664 3.25 rity valuation. Source: Barron's Stats Bankers Acceptances
discretion on asset allocation Instinet Research Redbook Avg. (monthly %) Mar 4 –1.91 0.16 11.90 ….
Baltic Dry Index Mar 10 1,424 1,211 2,718 –47.61 Job openings, (thous.) Jan 10,824 r11,234 11,487 –5.77
when MSI is at 50% +/- 3%. Mar 10 Mar 3 Mar Yr-to-Yr 1 month 4.65 4.65 0.23
Wholesale sales, (mil. $) Jan 693,837 r686,877 669,671 3.61 Hires, (thous.) Jan 6,372 r6,251 6,496 –1.91 2 months 4.75 4.75 0.33
2023 2023 2022 % Chg
Total separations, (thous.) Jan 5,902 r5,906 6,235 –5.34

Bearish
3 months 4.88 4.88 0.58
Inventories Service payrolls, (thous.) Feb 133,818 133,527 129,083 3.67 S&P 500 Index 3918.32 3981.35 4388.71 –10.72 6 months 5.18 5.18 1.00
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) Mar 3 478,513 480,207 411,562 16.27 Unemployment rate, % Feb 3.6 3.4 3.8 –5.26 Barron’s 50 Index 11079.38 11371.40 11631 –4.74
Libor Interbank Rate
Factory inventories, (bil. $) Jan 808.30 r807.90 780.20 3.60 Unemployed, (thous.) Feb 5,936 5,694 6,272 –5.36 Projected quarterly earn 159.94 159.71 140.07 14.18
Current Sentiment Gasoline, (thous. bbls) Mar 3 238,058 239,192 244,606 –2.68 Avg. wks duration unemploy Feb 19.3 20.4 26.2 –26.34 1 month 4.80 4.71 0.40
Annualized projected earn 639.76 638.86 560.28 14.18
Wholesale inventories, (mil. $) Jan 929,022 r932,949 802,296 15.80 U–6 unemployment Feb 6.8 6.6 7.2 –5.56 3 months 5.14 4.98 0.83
Annualized projected P/E 17.32 17.80 20.8 –16.57

46.7%
Orders Civilian Employment Population Ratio Feb 60.2 60.2 59.8 0.67 6 months 5.43 5.32 1.13
Five-year average earn 487.07 486.98 445.47 9.34 12 months 5.74 5.69 1.60
Factory orders, backlog (bil. $) Jan 1,156.98 r1,156.64 1,283.04 –9.83 Construction
Five-year average P/E 22.75 23.35 26.1 –12.88 Foreign Prime Rates
New factory orders, (bil. $) Jan 543.79 r551.69 544.72 –0.17 No Activity for this Week
Nondurable goods orders, (bil. $) Jan 270.39 r266.45 267.23 1.18 Year-end earn 619.43 619.21 537.64 15.21
Last Week Canada 6.70 6.70 2.45
Other Indicators Year-end P/E 17.89 18.36 21.6 –17.32
Trade Germany 3.00 3.00 0.00

46.7%
Citi Research Panic–Euphoria Reading Mar 10 –0.17 –0.16 0.14 …. Year-end earns yield, % 5.59 5.45 4.6 20.91 Japan 1.475 1.475 1.475
Merchandise trade balance (bil $) Jan –90.09 r–90.71 –107.85 –16.47 a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h- Switzerland 1.50 1.50 0.00
benchmark revision, 2016 equals 100. r-Revised. Best grade bond yields, % 5.02 4.84 2.71 85.51
Britain 4.00 4.00 0.50
Bond yields/stock ylds, % 0.90 0.89 0.59 53.26
Other Money Rates
2 Weeks ago Actual year-end divs 241.41 240.21 226.28 6.68
Fannie Mae Home Loan:
Actual yr-end divs yld, % 2.18 2.11 1.95 11.96 30-Year Fixed Conv 6.21 6.36 3.59
American Debt and Deficits Adjustable Mortgage Rates
62.8%
Bank money market-z 0.31 0.31 0.07
Interest Checking-z 0.06 0.06 0.03
Latest Preceding Year Ago Yr over Yr 6-Month Certif-z 1.04 1.04 0.12

3 Weeks ago
Report Report Report % Chg
1 Year Treas Bills
Mar 10

5.04
Mar 3

5.06
Yr. Ago

1.14
YOY % Chg

342.11
Coming U.S. Auctions 12-Month Certif-z
30 Month Accounts-z
1.57
1.18
1.56
1.17
0.19
0.25
Federal Budget Deficit (bil. $)-a 1,330FY'25 1,201FY'24 1,154FY'23 …. 5-Year Certificates-z 1.19 1.18 0.36
2 Year Treas Notes 4.85 4.69 1.56 210.90
Current Market Exposure: 0% Budget Surplus/Deficit (bil. $)-b, February –262.43 –38.78 +118.70 -321.09 Yields (%)
Trade Deficit (bil. $, sa)-c, January –68.29 –67.42 –87.45 -21.91 3 Year Treas Notes 4.57 4.45 1.75 161.14 U.S. Savings EE Bonds:
Equities, 0% Bonds, 100% Cash Monday When Issued* Last Auction
Treasury Gross Public Debt. (bil. $)-d 31,459.0 31,459.1 30,239.0 4.03 5 Year Treas Notes 4.24 4.14 1.86 127.96
Source: Delta Investment Treasury Statutory Debt Limit (bil. $)-d 31,381.5 31,381.5 …. …. 10 Year Treas Notes 3.98 3.93 1.97 102.03 Long-Term (5yrs+) 2.10 2.10 0.10
Management Consumer Installment Debt (bil. $)-e, January 4,795.6 r4,780.8 4,440.8 7.99 $57.0 bil 3-month 4.921 4.765
20 Year Treas Bds 4.15 4.09 2.35 76.60 c-Annualized yields, adjusted for constant maturity, reported by the Federal
www.deltaim.com, (415) $48.0 bil 6-month 5.099 4.970
249-6337 FHFA PMMS+ Feb 6.32 6.32 3.09 104.53 Reserve on a weekly average basis. Sources: Tullett Prebon information, Ltd.
Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. Factset. z-Bankrate.com.
Report, d-Daily Treasury Statement, e-Monthly Federal Reserve Release. Fed annualized yields adjusted for constant maturity. * As of Friday afternoon.
 60 BARRON’S March 13, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Barron’s Gold Mining Index

12-Month Year Week %
Weekly Bond Statistics Dividend Payment Boosts Top 5 Insider Purchases by
High Low
1228.34 684.61 Gold mining
3/9
826.38
3/2
884.92
Ago
1194.39
Chg.
–6.62
New Offerings, (mil $) (v) Last Week Prev. Week Yr Ago
Company Name-Ticker Symbol (Exchange)
Adjusted
Yield Period To From
%
Increase
Record
Date
Ex-Div
Date
Payment
Date
Company in 2023
Corporate (z) 27,384 r47,283 33,264 Number of Number of Avg.
Municipal (z) 6,234 r5,349 11,885 Academy Sports & Outdoors-ASO (Nasdaq) 0.5 Q .09 .075 20.0 % 3-23 3-22 4-13 Company Sym Insiders Shares $ Value Price
American Express-AXP (NYSE) 1.2 Q .60 .52 15.4 4-07 4-05 5-10 B Riley Financial RILY 10 254,862 9,906,914 $38.87
Best Grade Bonds-y
Gold & Silver Prices (Barron's index of 10 high-grade corporate bonds.)
Banco Santander ADR-SAN (NYSE)
Carlyle Secured Lending-CGBD (Nasdaq)
2.1
9.7
S .063064 .057542
Q .37 .36
9.6
2.8
4-28
3-31
4-27
3-30
5-05
4-14
Heico
Trustco Bank
HEI
TRST
9
9
10,585 1,662,534 $157.07
9,537 320,316 $33.59
Handy & Harman 3/10 3/3 Year Ago 5.02 4.84 2.61 CRH ADR-CRH (NYSE) 2.3 S 1.03 .24 329.2 3-17 3-16 5-11 Compass Diversified CODI 8 44,103 843,708 $19.13
Dentsply Sirona-XRAY (Nasdaq) 1.3 Q .14 .125 12.0 3-31 3-30 4-14 FidelityNationalInformationServices FIS 8 17,867 1,204,240 $67.40
Gold, troy ounce 1861.25 1841.15 1978.70 Interm-Grade Bonds-y
Silver, troy ounce 20.43 21.12 26.00 Dick's Sporting Goods-DKS (NYSE) 1.3 Q 1.00 .4875 105.1 3-17 3-16 3-31
(Barron's index of 10 medium-grade corporate bonds.) Franklin Ltd Duration IT-FTF (NYSE AMER ) 11.9 M .0601 .06 0.2 3-17 3-16 3-31 Top 5 Insider Sales by Company in 2023
Base for pricing gold and silver contents of shipments and for making 5.25 5.34 3.94
refining settlement. Genl Dynamics-GD (NYSE) 2.3 Q 1.32 1.26 4.8 4-14 4-13 5-12 Hess HES 16 841,812118,483,138 $140.75
Confidence Index
Greif Cl B-GEF.B (NYSE) 4.2 Q .75 .74 1.4 3-17 3-16 4-01
Atlassian TEAM 14 444,116 68,780,327 $154.87
Coins Price Premium $ Premium % Horace Mann Educators-HMN (NYSE) 3.6 Q .33 .32 3.1 3-16 3-15 3-31
Moderna MRNA 13 456,953 78,751,390 $172.34
(High-grade index divided by intermediate-grade index; decline in Johnson Controls Intl-JCI (NYSE) 2.2 Q .36 .35 2.9 3-20 3-17 4-14
Krugerrand 1938.25 74.55 4.00 latter vs. former generally indicates rising confidence, pointing to United Therapeutics UTHR 11 140,550 36,576,001 $260.23
Maple Leaf 1956.89 93.19 5.00 higher stocks.) Kadant-KAI (NYSE) 0.5 Q .29 .26 11.5 4-12 4-11 5-10
Mexican Peso 2255.06 8.00 0.36 Abbvie ABBV 10 210,437 32,083,990 $152.46
95.6 90.6 66.4 OFS Capital-OFS (Nasdaq) 12.5 Q .33 .29 13.8 3-24 3-23 3-31
Austria Crown 1829.80 3.00 0.16
Austria Phil 1956.89 93.19 5.00 Solaris Oilfield A-SOI (NYSE) 4.6 Q .11 .105 4.8 3-14 3-13 3-24
U.S. Eagles 1956.89 93.19 5.00 Other Confidence Indicators: SpartanNash-SPTN (Nasdaq) 3.2 Q .215 .21 2.4 3-17 3-16 3-31
Premium is the amount over the value of the gold content in the coin.
Source Manfra, Tordella & Brookes, Inc. Bullion spot gold price 1863.7 Bloomberg Barclays US Long Treasury* Sun Communities-SUI (NYSE)
Synovus Financial-SNV (NYSE)
2.7
4.3
Q
Q
.93
.38
.88
.34
5.7
11.8
3-31
3-16
3-30
3-15
4-17
4-03
Week’s Ex- Week’s Ex-
(This index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.)
Travel + Leisure-TNL (NYSE)
Tri-Continental-TY (NYSE)
3.9
4.2
Q
Q
.45
.29
.40
.2651
12.5
9.4
3-15
3-13
3-14
3-10
3-31
3-21
Dividend Dividend
Gold Performance 3323.63 3205.00 4108.71
Valley Natl Bncp Pfd B-VLYPO (Nasdaq) 7.3 Q .519241 .458295 13.3 3-15 3-14 3-30 Dates Dates
Dividend Payment Reductions
Bloomberg Barclays US Credit
Bank-Safe: Bank failures and a yield drop This list includes payouts on This list includes payouts on
(This index includes all publicly issued, fixed-rate, non-convertible, common stocks.
lifted gold’s price 1.1%, to $1,861 an ounce. investment-grade, dollar-denominated, SEC-registered corporate
common stocks.
debt.) Adjusted % Record Ex-Div Payment NYSE American NASDAQ
20 2841.11 2821.39 3091.82 Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date Tuesday (March 14) Tuesday (March 14)
Ryan Labs Treasury Index Eagle Bulk Shipping-EGLE (NYSE) 4.8 Q .60 1.80 -66.7 % 3-15 3-14 3-23 Evolution Petroleum .12
Network-1 Technologies .05 Adeia .05
10 First Eagle Alt Cap BDC-FCRD (Nasdaq) 9.7 Q .07 .11 -36.4 % 3-08 3-08 3-31 Atrion 2.15
(Index of total return from active Treasury notes and bonds. Dec. Wednesday (March 15) Berry (bry) .44
Barron's Gold Mining Index (826.38) 31, 1996=100.) Great Elm Capital-GECC (Nasdaq) 19.2 Q .35 .45 -22.2 % 3-15 3-14 3-31
NONE Berry (bry) .06
264.96 262.02 300.01 Sabine Royalty Tr UBI-SBR (NYSE) 11.5 M .46547 .6373 -27.0 % 3-15 3-14 3-29 C & F Financial .44
0 Sibanye-Stillwater ADR-SBSW (NYSE) 8.1 S .26753 .310559 -13.9 % 3-24 3-23 4-06 Thursday (March 16) Community Trust Bancorp .44
Handy & Harman Gold Price Bond Buyer 20 Bond Index Sitio Royalties-STR (NYSE) 11.7 Q .60 .72 -16.7 % 3-17 3-16 3-31 NONE Enterprise Finl Services .25
Sprott Focus Trust-FUND (Nasdaq) 6.3 Q .1254 .1276 -1.7 % 3-13 3-10 3-24 Friday (March 17) Gilead Sciences .75
(Index of yields of 20 general obligation municipal bonds.)
-10 3.73 3.75 2.33 Templeton Emerging-TEI (NYSE) 11.6 M .0482 .0497 -3.0 % 3-17 3-16 3-31 NONE
Hamilton Lane Cl A .40
Hawthorn Bancshares .17
Templeton Global-GIM (NYSE) 9.2 M .0312 .032 -2.5 % 3-17 3-16 3-31 Saturday (March 18) Inter Parfums .625
Bond Buyer Municipal Bond Index Toronto-Dominion Bank-TD (NYSE) 4.5 Q .7056 .709718 -0.6 % 4-06 4-05 4-30 Iridium Communications .13
NONE
-20 Jack in the Box .44
VersaBank-VBNK (Nasdaq) 1.0 Q .0182 .018219 -0.1 % 4-06 4-05 4-30
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

(Index of 40 actively-traded tax-exempt bonds; component issues Sunday (March 19)

are changed regularly to keep the index a current picture of the Lam Research 1.725
Virtus Conv & Incm Fd-NCV (NYSE) 11.8 M .034 .0425 -20.0 % 4-13 4-12 5-01 NONE News Corp Cl A .10
market. Source: The Bond Buyer
-30 Virtus Conv & Incm Fd II-NCZ (NYSE) 12.0 M .03 .0375 -20.0 % 4-13 4-12 5-01 News Corp Cl B .10
4.68 4.68 3.76 Monday (March 20)
NorthWestern .64
Stock/Bond Yield Gap-s Special Dividends Stock Splits/Dividends NONE
Ares Management .77
NXP Semiconductors
Phillips Edison
1.014
.093
-40 Record Ex-Div Pay Record Ex-Div Pay Pool 1.00
(Difference between yield on highest-grade corporate bonds and Company Name-Ticker Symbol (Exchange) Amount Date Date Date Company Name-Ticker Symbol (Exchange) Amount Date Date Date Aris Water Solutions .09
yield on stocks on the DJIA.) Big Lots .30 Principal Financial Group .64
-2.83 -2.75 -0.65 Natural Resource Ptrs-NRP (NYSE) 2.43 3-14 3-13 3-21 NONE BrightSphere Invt Group .01 RCI Hospitality Holdings .06
-50 Ritchie Bros Auctioneers-RBA (NYSE) 1.08 3-17 3-21 3-28 Chubb .83 Red Rock Resorts Cl A .25
Yield on DJ Equal Weight US Corp Bond Idx: Seacoast Banking of FL .17
A M J J A S O N D J F Peoples Bancorp of NC .19 Motorola Solutions .88 Coca-Cola .46
Simmons First Natl Cl A .20
Corp Bonds, (y) 5.62 5.71 3.59
Week’s Peoples Fincl Svcs
Powell Industries
.41
.262
Week’s Ex- New Jersey Resources
NewMarket
.39
2.10
Corebridge Financial
CRH ADR
.23
1.03
Stellar Bancorp
Summit Financial
.13
.20
Dick's Sporting Goods 1.00
Dividend Dividend
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. z- Premier Inc. .21 Ovintiv .25 T. Rowe Price Group 1.22
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Source: Refinitiv.*Barclays T-Bond Index discontinued by firm. Douglas Dynamics .295

Progress Software .175 Packaging Corp Amer 1.25 Utd Community Banks .23
Ramaco Resources .125 Pembina Pipeline .482 Eagle Materials .25 Valley National Bancorp .11

Berry Global Group .25 Robert Half Intl .48 HF Sinclair .45
Payment Rocky Brands
Royalty Pharma
.155
.20
Dates Prosperity Bancshares .55
Quanex Building Products .08
EnerSys
Federal Signal
.175
.09
Verisk Analytics
Xcel Energy
.34
.52

Week’s Boise Cascade

BorgWarner
.15
.17
Select Medical Holdings .125
Stepan Co .365
Molson Coors A
Molson Coors B
.41
.41
This list includes payouts on
common stocks.
Safety Insurance Group .90
Scholastic .20
This list includes payouts on
common stocks.
Range Resources
RenaissanceRe Hldgs
.08
.38
Ferguson
Fidelity Ntl Financial
.75
.45
Wednesday (March 15)
Altra Industrial Motion .09
Brunswick .40 Stifel Financial .36 Moody's .77 First Horizon .15
Dividend Central Pacific Finl
Century Communities
.26
.23
Teleflex
Tennant Co
.34
.265
Pioneer Natural Rscs
Pioneer Natural Rscs
4.48
1.10
NASDAQ
Monday (March 13)
SLM Corp
SS & C Technologies
StepStone Group
.11
.20
.20
NYSE
Tuesday (March 14)
Service Corp Intl
SFL
Shaw Communications Cl B
.27
.24 Global Payments
Gold Field ADR
.25
.243
ESSA Bancorp
Financial Institutions
.15
.30
Chemours .25
Payment Clearway Energy Cl A
Clearway Energy Cl C
.375
.375
Texas Pacific Land

Triple Flag Prec Metals

3.25
Textainer Group Holdings .30
.05
Piper Sandler
Piper Sandler
Ryder System
1.25
.60
.62
Embecta
Kelly Services Cl A
.15
.075
Tradeweb Markets
Trustmark
.09
.23
Allegion
Alpha Metallurgical Rscs
.45
.44
.073
Sonic Automotive Cl A .28
Greif A
Greif Cl B
.50
.75
Hibbett
LKQ
Mannatech
.25
.275
.20
This list includes payouts on Comstock Resources .125 Tyson Foods Cl A .48 Safe Bulkers .05 UFP Industries .25 Stewart Info Svcs .45 Haleon ADR .058 Spok Holdings .312
Kelly Services Cl B .075 Ameren Corp .63
common stocks. Consolidated Edison .81 Universal Health Cl B .20 Via Renewables .181 Teck Resources Cl B .464 HCA Healthcare .60
Corteva .15 Waste Connections .255 Saturday (March 18) Strategic Education .60 Banc of California .10 Telephone & Data Sys .185 Thursday (March 16)
Vinci Partners Invt .17 Hewlett Packard Ent .12
NYSE Cullen/Frost Bankers .87 Watts Water Tech .30 NONE BCE Inc .724 Thermo Fisher Scientific .35 Hillenbrand .22
Tuesday (March 14) Virtu Financial .24 Barrett Business Svcs .30
Dover Corp .505 Whirlpool 1.75 Boyd Gaming .16 UGI .36 Insteel Industries .03 BGC Partners Cl A .01
Monday (March 13) Sunday (March 19) ARK Restaurants .125 Wendy's Co .25
DuPont de Nemours .36 Broadridge Finl Solutions .725 Vale ADR .354 Cincinnati Financial .75
Banco Sant Brasil ADR .088 Thursday (March 16) Intercontinental Exchange .42
Element Solutions .08 NONE CSP .03 Thursday (March 16) Cadence Bank .235 Citizens Holding .24
CVR Energy .50 Employers Holdings .26 AllianceBernstein .70 Vitesse Energy .50 Mueller Industries .30
Interactive Brokers .10 Cenovus Energy .078 CSG Systems Intl .28
CVR Partners
Global Industrial
10.50
.20
Eneti
EnPro
.01
.29
Armstrong Wrld Ind
Cactus Cl A
.254
.11 Week’s Star Bulk Carriers
Tractor Supply
.60
1.03
Applied Materials
Patterson-UTI Energy
.26
.08 Chesapeake Utilities
Civitas Resources
.535
1.65
Wesco International
World Wrestling
.375
.12
NatWest Group ADR
NOV
.24
.05 Global Water Resources
Hooker Furnishings
.025
.22
Kinsale Capital Group .14 Equifax .39 California Resources .282 PDC Energy .40 Worthington Industries .31 Silgan Holdings .18
Lab Corp. of America
LyondellBasell Inds
.72
1.19
Estee Lauder Cl A
First American Financial .52
.66 Cohen & Steers
Duke Energy
.57
1.005
Dividend Wednesday (March 15) Resources Connection
Rush Enterprises A
.14
.21
Civitas Resources
Comerica
.50
.71
Wyndham Hotels & Resorts
.35
Taiwan Semiconductor ADR
.339
Marten Transport
Methanex
.06
.175
FNB Corp .12 Dun & Bradstreet .05 Arrow Financial .27 Nasdaq .20
Masco Corp
Olin Corp
.285
.20 Fortune Brands Innovation .23
FutureFuel .06
Energizer Holdings .30
FactSet Research Systems .89
Payment Avnet
Bloomin' Brands
.29
.24
Rush Enterprises B
Friday (March 17)
.21 Community Bank Sys
CONMED
.44
.20
Wednesday (March 15)
Aaron's .125
Turning Point Brands
Vector Group
.065
.20
New Fortress Energy
Pactiv Evergreen
.10
.10
Tuesday (March 14) Crescent Point Energy .074 Vishay Intertech .10
Granite Ridge Resources .11 General Motors .09 This list includes payouts on Cass Info Systems .29 ADT .035 QCR Holdings .06
American National Bkshrs .30 Devon Energy .20 Walmart .57
Bank of Butterfield .44 Group 1 Automotive .45 Kronos Worldwide .19 common stocks. Air Lease .20 Ranger Oil .075
Hamilton Beach Brands .105 Marriott Vacations .72 Cintas 1.15 Bruker Corp .05 Devon Energy .69 West Fraser Timber .30 Renasant .22
Bank of Hawaii .70 Alamos Gold .025
Hershey 1.036 Mosaic .20 NYSE American CNB Financial PA .175 Clarus .025 Dominos Pizza 1.21 Western Union .235 Republic Bancorp KY Cl A .374
Danaos .75 Brookfield Reinsurance .07
Genco Shipping & Trading .50 Houlihan Lokey Cl A .53 Organon .28 CSX .11 Climb Global Solutions .17 Eagle Bulk Shipping .60 SpartanNash .215
Hubbell 1.12 PBF Energy .20 Monday (March 13) Cognex .07 Coterra Energy .20 Friday (March 17)
Live Oak Bancshares .03 Eastern Bankshares .10 Eastman Chemical .79 TriCo Bancshares .30
MetLife .50 Hyster-Yale Materials .322 Prudential Financial 1.25 Barnwell Indus .015 Eastern Co .11 Diamond Hill Investment 1.50 Garmin .73 Coterra Energy .37 Dine Brands Global .51 Universal Display .35
PermRock Royalty Trust .06 ICL Group .138 ResMed .44 First Citizens Bcshs A .75 First Merchants .32 Entravision Commun .05 DT Midstream .69 Utah Medical Products .295
International Paper .463 Tuesday (March 14) Graphic Packaging .10
Pitney Bowes .05 Ryerson Holding .17 Forward Air .24 EOG Resources 1.00 DTE Energy .952
Interpublic Grp .31 Shutterstock .27 First Finl Bancorp OH .23 Gray Television .08 Friday (March 17)
Primerica .65 NONE Grindrod Shipping Hldgs .03 Everest Re Group 1.65 PulteGroup .16
Kellogg Co .59 Thomson Reuters .49 GCM Grosvenor Cl A .11 Gray Television Cl A .08
Spectrum Brands Holdings .42 Navient Corp. .16 Fed Agric Mtg Cl A 1.10 Chemung Financial .31
KeyCorp .205 Universal Insurance .16 Wednesday (March 15) Gen Digital .125 Hanover Insurance Grp .81 Saturday (March 18)
US Steel .05 Newmark Group .03 Fed Agric Mtg Cl C 1.10 Huntington Bancshares .155
La-Z-Boy .182 Valero Energy 1.02 Hancock Whitney .30 Huntsman .237
McDonald's 1.52 Westlake .357 NONE Northrim Bancorp .60 Franco-Nevada .34 NONE Popular Inc. .55
Wednesday (March 15) Haynes Intl .22 Installed Bldg Products .33 Saga Communications Cl A .25
NACCO Industries Cl A .207 Shyft Group .05 Frontline 1.07
Advanced Drainage Systms .12 Friday (March 17) Thursday (March 16) Mercantile Bank .33 Installed Bldg Products .90 Sunday (March 19) Stock Yards Bancorp .29
National Bank Holdings .25 Silvercrest Asset Mgmt A .18 Gerdau ADR .079
AGCO .24 National Presto Inds 3.00 AdvanSix .145 Bar Harbor Bankshares .26 Mesa Laboratories .16 KBR Inc .135 Horace Mann Educators .33 NONE
Agnico-Eagle Mines .40 Sinclair Broadcast Cl A .25 Saturday (March 18)
National Presto Inds 1.00 Allison Transmission .23 MGE Energy .407 Kohl's Corp .50 Myers Industries .135
Arch Resources 2.86 Teradyne .11 Monday (March 20) NONE
Natural Grocers .10 Bread Financial .21 Friday (March 17) MidWestOne Fincl Group .243 Leggett & Platt .44 P10 .03
Arch Resources .25 U.S. Lime & Minerals .20
Nelnet A .26 Carter's .75 B2Gold .04 Monarch Casino & Resort Leidos Holdings .36 Synovus Financial .38 Amphenol Cl A .21 Sunday (March 19)
Ardmore Shipping .45 NextEra Energy .468 Chemed .38 Viatris .12
5.00 Macy's .165 Autohome ADR .53
Ashland .335 Northrop Grumman 1.73 Crescent Point Energy .024 Saturday (March 18) Thursday (March 16) NONE
NBT Bancorp .30 Saturday (March 18) Maxar Technologies .01 Cato Cl A .17
Associated Banc .21 Old Republic Intl .245 Delek US Hldgs .22
Avery Dennison .75 NONE Newell Brands .23 NONE Merck .73 Albany International .25 Ecolab .53 Monday (March 20)
Permian Resources .05 Evertec .05
Avista .46 Polaris .65 Flowers Foods .22 Old Dominion Freight .40 Mercury General .317 Albemarle .40 ENI ADR .466 Investors Title .46
Sunday (March 19) Old Natl Bancorp .14 Sunday (March 19) Meritage Homes .27 American Intl Group .32 Kaman .20 Ituran Location & Ctrl .14
Ball Corp .20 Radian Group .225 Gallagher .55
Barrick Gold .10 Regional Management .30 HCI Group .40 NONE Olympic Steel .125 NONE Mosaic .25 AngloGold Ashanti ADR .177 STMicroelectronics .06 J & J Snack Foods .70
 March 13, 2023 BARRON’S 61

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

NMI Holdings Big5SportingGds GreenLightBio MultiMetaVerse SoMO Bancorp Embraer WorthingtonInds GinkgoBioworks

Week’s NorthViewAcqn
Opera
OrchestraBioMed
Paccar
BIMI Intl
Biocept
Biofrontera
Biomerica
GromSocialEnts
Groupon
GSI Tech
GT Biopharma
MySize
NanoVibronix
NationalVision
NatlCineMedia
SonnetBio
SonomaPharm
SouthernFirstBcsh
SouthState
EnelChile
EverestConsolA
FastAcqnII A
FTI Consulting
XponentialFit
Yext
Youdao
GlacierBancorp
GranitePointMtg
GraniteRidge
GreatAjax
PangaeaLogistics BionanoGenom GuardantHealth NauticusRobot SSR Mining NEW LOWS
New Highs and
FairIsaac GuarantyBcshrs
Paysign BitBrother GuardionHlth nCino StabilisSolns FedAgriMtg A ADC Therap HNI
PDF Solutions BlinkCharging HammerheadEnergy NektarTherap Staffing360 FedAgriMtg C a.k.a.Brands Hanesbrands
PeoplesBncpNC BlueFoundryBncp HancockWhitney NemauraMedical SteelConnect Ferrari AMTD IDEA HealthpeakProp

Lows
PerionNetwork BridgewaterBcshs HanmiFinancial Netgear SterlingBancorp FreedomI A AdvanceAuto Heliogen
Perma-Fix Brightcove HarborCustom NetScout SterlingCheck GSquaredIIA Alexander's HershaHospitality
PetVivo BrightMindsBio HarborOneBncp NetSolTech SummitFin GaotuTechedu AlexandriaRlEst HighwoodsProp
PhoenixBiotech BrooklineBcp Hasbro NewellBrands SummitHlthcrA GeneralElec AlticeUSA HormelFoods
PineTechA BruushOralCare HawaiianHoldings Newmark SuperCom GoldenFalconA AmericanAssets HudsonPacProp
NYSE PlayaHotels BusFirstBcshs HCW Biologics NewtekOne Surmodics Graham AmHomes4Rent ICL Group
Potbelly C4 Therap HennessyAdvsrs NextPlayTech SVB Fin Grainger AmerStratInvt InnovativeIndProp
PowellIndustries CadrenalTherap HeritageCommerce NFTGaming Swvl AmericanWell Invitae

177 236
GraphicPkg
PreformedLine Caesarstone HeritageFin Nikola Synaptogenix GpoAeroportSur AmnealPharm JBG SMITH Prop
ProgressSoftware CalavoGrowers HeronTherap Nkarta SyrosPharm HyattHotels AnteroResources J&J
PrometheusBio CambridgeBncp Hesai Nocera TDH HysterYaleMatls AnywhereRealEst KKR RealEstFin
New Highs New Lows QuadroAcqnOneA CamdenNational HighTide Nogin TechTarget IconicSportsA ArcusBiosci KeyCorp
QuiptHomeMed Canoo HomeStreet Novavax TenaxTherap IndustrsBachoco AresCommRealEst KilroyRealty
RemitlyGlobal CanopyGrowth HopeBancorp NSTS Bancorp TexasCommBcshs InfiniteAcqnA ArisWater LL Flooring
Nasdaq RenovoRx CapitalBancorp HorizonBancorp Nuwellis TFS Fin IngersollRand AshfordHosp LejuHoldings
RevelstoneCapA CapStarFin HothTherap Oblong ThermoGenesis InstalledBldg AspenAerogels Lemonade
RF Acqn A CaraTherap HuadiIntl OceanPal ThirdCoastBcshs Assurant LendingClub

244 653
IntegratedWellA
SareptaTherap CarismaTherap HycroftMining Ocugen TianRuixiang KensingtonCapV A Atento LincolnNational
SchultzeSpecII A CathayGenBncp HyzonMotors Oculis TilrayBrands KingswayFin AtlasEnergySolns LocalBounti
SciPlay CenturyTherap Ideanomics Ondas ToroWi Kirby Audacy LumenTech
New Highs New Lows ServiceProperties Cepton Identiv OneWaterMarine TowerSemi MGM Resorts AzurePowerGlbl M&T Bank
SilverspacA CerberusCyber IM Cannabis OP Bancorp TreasureGlobal MinisoGroup Bark M3-Brigade II A
SpokHoldings CF Bankshares IMAC OpGen TremorIntl M3-BrigadeIII A BILL Mytheresa
NYSE American SportsMapTech ChargeEnt Immucell OptimizeRx Trevena MagnumOpusA Bakkt McCormick
Stagwell Charles&Colvard ImmunityBio OrbitalInfr Trustmark Manitowoc BancCalifornia MedicalProp
SteelDynamics ChemomabTherap ImpelPharm OrganiGram TTEC BankofAmerica MetropolitanBk

14 40
MasTec BankofHawaii NatlBankHoldings
SterlingInfr ChicagoAtlRealEst ImperialPetrol Organogenesis TuanChe MillerIndustries
StoneX ChickenSoupA IMV OriginBancorp TwistBiosci MizuhoFin BankUnited NationalFuelGas
SummitHlthcrA ChinaSXTPharm IN8bio OriginMaterials UMB Fin ModineMfg BaxterIntl Nevro
New Highs New Lows SuperMicroComp Citizens&Northern IndependentBank OrrstownFinSvcs UnitedBancorpOH Moog A BaytexEnergy NY CmntyBcp
TargetGlbl I A CivistaBcshrs IndependentBank P3HealthPartners Uniti NGL Energy BensonHill NicoletBankshares
Only includes COMMON and REIT stocks TitanMachinery CN Energy InfinityPharm PacificPremBncp UnityBancorp NaborsEnerA BlackstoneMtg NuvationBio
TransMedics CNB FinPA Innoviva PacWestBancorp UnivElectro Noble BostonProps OppFi
TyraBiosciences CNS Pharm Inogen PanbelaTherap UplandSoftware NordicAmTankers BrandywineRealty Organon
UnicyciveTherap Codexis InovioPharm ParatekPharm US GlobalInv NorthAmConstr BrightHealth OrionOffice
NYSE American BlockchainMoonA UnitedAirlines ColonyBankcorp Inpixon ParkeBancorp ValleyNatlBncp BrightSpire Owens&Minor
BlueBird VerraMobility ColumbiaBanking InpixonWi PCB Bancorp NovoNordisk BristolMyers PNC Fin
NEW HIGHS BlueOceanA VandaPharm nVentElectric
Vertex CommerceBcshrs Inseego PearTherap VarexImaging OilDriAmerica ButterflyNtwk P10
AltisourceAsset BookingHldgs ViscogliosiBros ComSovereign Inspirato PeoplesFinSvcs VBI Vaccines CBD Pao ParamountGroup
AultDisruptive BowmanConsult Visteon ConnectOneBncp IntelligentBio Peraso OtisWorldwide CF Industries PediatrixMedical
dMYSquaredTechA BridgeBioPharma Veritex PG&E
VitaCoco ConsensusCloud Intercure PerformShipping Veru ProofAcqnIA CI&T Pfizer
FriedmanInds ByteAcqnA VOXX Intl ConsldComm Interface PetrosPharm ViaRenewables CTO Realty PiedmontOfficeA
GencorInds CarticaAcqnA WeatherfordIntl ContextLogic Intra-Cellular PinnacleFinPtrs ParkerHannifin Curo ProsperityBcshs
HNR Acqn CastorMaritime VillageFarms PeridotAcqnIIA
WelsbachTech ContraFect Intrusion PLBY Group VincoVentures CVS Health RE/MAX
inTEST CECO Env XIAO-I CorbusPharm Investar PlusTherap PostHldgsA CamdenProperty SES AI
IvanhoeElectric ChainBridgeIA VintageWineEstates Progressive
CorvusPharm InVivoTherap PMV Pharm VirginOrbit Centene SLGreenRealty
PerspectiveTherap ChengheAcqnA NEW LOWS CreativeMedia Ioneer PolyPid VirtuFinancial PyrophyteAcqn CentraisElBras Sasol
ProtalixBio ClimateRockA 1895Bancorp Cronos iTeosTherap PonceFinl VividSeats RocketInternetA CityOfficeREIT SchwabC
XtantMedical ClimbGlbl 1stdibs.com CrossFirstBkshs JackHenry Popular VivosTherap Rockwell Comerica ScullyRoyalty
CorazonV838 A 5EAdvMatls Cryptyde JaguarHealth PortageBiotech VNET ST Ener I A CommBkSys ServisFirst
NEW LOWS Samsara
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

CornerGrowthA 9F CSG Systems Joann PraxisPrecision VyantBio ContainerStore Shapeways

AlmadenMinerals CresceraCapA AadiBioscience CumulusMedia JohnMarshallBncp Precigen Wag! SculptorAcqnIA CorebridgeFin Sibanye-Stillwater
AmbiparEmergency CymaBayTherap Absci CVB Fin JupiterWellness PrecisionBio WashTrBcp Shift4Paymts CorEnergyInfr SilvergateCapital
ArenaGroup DA32LifeSci AccelerateDiag Dave JX Luxventure PreferredBankLA WaterstoneFinl ShoulderUpTechA Cosan SouthwestGas
AultAlliance Daktronics AcelRxPharm DesignTherap Kalera Premier WestamericaBncp SouthportAcqnA CreditSuisse SpireGlobal
BM Tech DataKnightsA AclarisTherap Deswell Katapult PremierFinl WestBancorp Starrett A CustomersBancorp SunlightFinl
BlueRidgeBkshs DiamondHeadA AdamasOne DigitalBrands KearnyFinancial Prenetics WholeEarthBrds SumitomoMits DHI Group Sweetgreen
BluerockHomes DigitalTransform AdicetBio DigitalTurbine KinnateBio PrimeMedicine WindtreeTherap SuperiorIndsIntl D-WaveQuantum SynovusFin
CamberEnergy DPCapAcqnIA ADS-TEC DigitalWorldA KinsTechA PrimisFinl WiSA Tech TPGPaceBenII DigitalMedia Tegna
ChinaPharma Duolingo AdTheorent DimeCommBcshs KintaraTherap ProcessaPharm WM Tech Tecnoglass DominionEner 3M
Cryo-Cell EDAP TMS Aemetis DISH Network Kirkland's Proterra XIAO-I TeekayTankers DouglasElliman Torrid
DakotaGold EM Horizon A AerwinsTech DragonflyEnergy Knightscope PureCycleTech Xometry Terex DouglasEmmett TruistFinl
DunxinFinl EngineGaming AEternaZentaris E-HomeHousehold KornitDigital QCR Holdings XortxTherap Tidewater Dun&Bradstreet Tupperware
1847Holdings EsgenAcqn AFC Gamma EagleBancorp KuraOncology QualigenTherap XP Timken ESSTech TysonFoods
EllomayCapital EucratesBiomed Affimed Eargo LakelandFin Quantum Yellow TrajectoryAlphaA ElancoAnimal UMH Prop
enCoreEnergy EvergreenA AileronTherap EasternBankshares LakeShoreBancorp Quantum-Si Yunji TraneTech EmergentBiosol UnitedNatFoods
Enservco FatProjectsAcqn Airgain EastWestBncp Lands'End QuantumComp ZentalisPharm TransDigm Enviva VF
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

FranklinStProp FifthWallIII A AirNetTech EBET LanternPharma QuoinPharm ZeroFox Transocean EquitransMdstm Valhi
FreshVineWine FirstSolar AkamaiTech EditasMedicine LanzaTechGlobal QurateRetailA ZionsBancorp TsakosEnergy EquityCommnwlth VenatorMaterials
GEE Group Fiserv Akanda ElectronicArts Latch RackspaceTech TwinRidgeCapA FB Financial VerticalAerospace
GoldResource ZoomInfoTech UBS Group FarmlandPtrs Viad
FutureTechIIA AkariTherap ENGlobal LavaTherap RBB Bancorp ZW DataAction
GoldRoyalty Gaming&Leisure AlarumTech Equillium Lavoro Recruiter.com USA Compression FathomDigital VornadoRealty
GoldenMinerals ZynerbaPharm US Foods FirstBanCorp WarbyParker
GE HealthCare Alector EquityBcshs Leafly RelianceGlobal
IDW Media Genelux AlerusFinancial Erasca LeapTherap RepublicFirstBncp NYSE UnitedRentals FirstHorizon WebsterFin
IntegraResources GenesisUnicornA AlignmentHlthcr EsportsEnt LeeEnterprises ReShapeLife UnivInsurance FirstMajestic WestAllianceBcp
NatlHealthcare GeospaceTech AlimeraSciences EvaxionBiotech LibertySirius A RetailOppor NEW HIGHS VistaEnergy FirstRepBank WesternUnion
Oragenics GrAeroportuario AllarityTherap EveloBiosci LibertySirius B RevelationBio ATI VitesseEnergy FiscalNote WestRock
Parts Id GreenlightCapRe Allbirds Expensify LibertySirius C RF Industries AcuityBrands WNS fuboTV WeWork
RaMedicalSys GX Acqn II A Allot FarmerBros LifecoreBiomed RichmondMutBncp AfterNextA Wabtec Wiley A
RingEnergy H&E Equipment Alpha&Omega FarmersBancp LifeMD RigettiComp AltaEquipment WescoIntl Wiley B
SatixFyComms HaynesIntl AlpineSummit FARO Tech LifetimeBrands Rivian AmbrxBio
StrawberryFldREIT HBT Finl Alset Fathom Lilium Root AmericaMovil
Tellurian
TompkinsFin HeritageGlobal
HireQuest
AltamiraTherap
AltoIngred
FaZe
FifthThirdBncp
LionGroup
Lipocine
RoyaltyPharma
Ryvyl
ApolloStratII A
AresAcqnA
Federal Reserve Data Bank
UniqueFabricating HorizonSpaceI AlxOncology FinInstitutions LivaNova SabraHealthcare Argan One week ended Mar 8:
Nasdaq IES Holdings AmNtlBcsh FirstBancorp LixiangEduc Sabre AristaNetworks
Impinj Amyris FirstBancshares LogicMark Safe&Green AthenaTechII A Member Bank Latest Prev. Week Year Ago
NEW HIGHS InceptionGrowth AngioDynamics FirstBank LordstownMotors SafeguardSci AtlUnionBkshs Reserve Chgs. (Mil. $) Week Change Change
10XCapVentureII A InpixonWi AngionBiomed FirstBusey LoyaltyVentures SafetyInsurance AtlasEnergySolns U.S. Gov't securities:
7GC A InsightEnt AppliedUV FirstFinBkshs LucyScientific SanaBiotech Autoliv
AAON InspiredEnt AptevoTherap FirstFinIN Lulu'sFashion SandySpringBncp AxaltaCoating Bought outright 7,948,213 -26,105 -496,784
AetheriumAcqnA Intapp Aptinyx FirstFoundation LuokungTech SangamoTherap BWX Tech
Agilysys InteractiveBrkrs Aptorum FirstGuarBcshs LutherBurbank SarcosTech&Robotic BancoBBVA Federal agency secur:
AgroFresh InterDigital ArcadiaBiosci FirstInterBanc LyellImmuno Satellogic BancoBilbaoViz Bought outright 2,347 .... ....
AhrenAcqnA IntlMoneyExpress Arcimoto FirstLongIsland Lyft SB Financial BcoSantMex
AIBAcqnA InvestcorpIndiaA ArcutisBiotherap FirstMidBcshs LyraTherap Science37 BancoSantander Reserve bank credit:
AldeyraTherap IXAcqnA AridisPharm FirstNWBncp MarkerTherap SCYNEXIS BanyanAcqnA Primary Credit 4,435 -184 +2,374
AllegroMicro Kernel ArqitQuantum FirstSavingsFin MatchGroup SeacoastBkgFL BatteryFutureA Secondary Credit .... .... ....
AlphaHlthIII A KhoslaVenturesIII ArrowFinancial FirstWesternFin Materialise SeaStarMedical BlackMountainA Seasonal Credit .... .... ....
Alphatec KimballIntl B ArrowheadPharm FlushingFin MDxHealth SecooHolding BlackSpadeA Float -260 +94 -115
AlpineAcqn KinsTechA ArteloBiosci FNCB Bancorp Medigus SelinaHosp Bowlero Other F.R. Assets 32,159 -492 +569
AltairEngg LakeshoreAcqnII Arvinas FocusUniversal MeiwuTechnology SellasLifeSci BuildersFirst Total Fed Credit # 8,304,849 -27,541 -565,270
AnthemisDigA LatticeSemi AscentSolar FoghornTherap MetaMaterials SenesTech C5AcqnA Gold stock 11,041 .... ....
AnzuSpecialI A LavaMedtech ATAI Life FreelineTherap MetroCityBkshs SensusHealthcare CRH SDR Certif. Accounts 5,200 .... ....
ArcBest LFCapAcqnIIA AtaraBiotherap FrequencyTherap MGO Global ShiftPixy CarrierGlobal Treas. Curr. Outst. 51,597 +14 +728
ArchCapital LibertyFormOne A AteaPharm FreshTracks MicrobotMed ShiftTech ChurchillCapV A
LibertyFormOne C Athenex FutureFinTech Microvast ShoreBancshares ChurchillVII A Total 8,391,009 -27,505 -566,116
Ardelyx Currency in circ 2,305,971 +3,838 +52,069
AriszAcqnA Limbach AtlisMotor FVCBankcorp MicroVision ShuttlePharm CleanHarbors
ArtemisStratInvt Limoneira Atomera G1Therapeutics MidatechPharma Sientra Coca-Cola Femsa Treas. Cash Hldgs 117 +12 +81
Assertio LSI Inds aTyrPharma GauchoGroup MiddlesexWater SierraBancorp Colonnade II A Treas. Fed Deposits 333,350 -47,895 -318,689
AsureSoftware LunaInnov AudioCodes GenDigital MidlandStBncp SIGA Tech CerveceriasUnid Foreign Fed Deposits 9,598 +161 +2,093
AtlCoastal II A Macom Tech AuroraCannabis GenerationBio MidWestOneFin Sigmatron ConcordAcqnIII A Other Fed Deposits 173,869 -13,346 -86,354
AtlCoastalA MasterCraftBoat AvaloTherap GeniusBrands MineralysTherap SignatureBank Copa Other FR liab/cap 11,785 +1,332 -37,368
AuraFatProjectsA MaxeonSolar AXT Genprex Minim SiloPharma CorpAmAirports Total factors 5,391,289 -28,922 +393,823
AvitaMedical MaxproCapA AytuBioPharma Gevo MiromatrixMed SimmonsFirstNat Crane Reserves F.R. banks 2,999,720 +1,417 -959,939
AxcelisTechs MetalphaTechnology B RileyFin GH Research MissionProduce SingularGenomics Cummins Fgn hold U.S. debt 3,360,015 +7,083 -72,677
AxonEnterprise MontereyCapA BankofMarinBncp GladstoneComm MobiquityTechs SiriusXM DHT
B.RileyPrin250A MoonLakeImm BankOZK GladstoneLand Momentus SLM DeckersOutdoor
BeaconRoof Morphic BankwellFin GlenBurnieBncp MonteRosaTherap SmartforLife DiamondOffshore Reserve Aggr (Mil. $) Latest Prev. Month % Year
BellerophonTherap MountainI A BarfreshFood GlucoTrack Morningstar SmithMicro Dick's Month Ended January: Month Month Chg. Ago
BGC Partners Natera BaudaxBio GMedInnov MotorcarParts SMXSecurityMatters DirectSellingA
BiomeaFusion NeoGenomics BCB Bancorp GossamerBio Movella SNDL dMYTechVI A Total Reserves: 3,029,900 3,107,300 -2.49 3,871,100
BioPlusAcqnA Neovasc BedBath GreenbrookTMS MSD Acqn Wt SolGelTech ESAB Nonborrowed Res 3,014,200 3,090,000 -2.45 3,839,100
bleuacaciaA NEXTracker BerkeleyLights GreenlandTech MullenAuto SolidBiosci Eaton Borrowed Reserves 15,719 17,300 -9.14 32,055
Monetary Base 5,328,400 5,405,400 -1.42 6,103,900
 62 BARRON’S March 13, 2023

O T H E R VO I C E S
Higher earners are the primary beneficiaries of
gains in longevity. To keep Social Security solvent,
they should contribute more to the system.

Raising the Social

tribution, it has increased by five years. years, to nearly 70, would mean even
Increasing the retirement age for all greater benefit reductions for those
based on the longevity gains of the who are unable to continue working
better off, which skew the average, to that age.

Security Age Won’t

punishes those who can least afford it To be sure, Social Security is under
with a benefit reduction. financial strain, and we must work
In 1983, when the last major re- together to avoid the approximately
forms to Social Security were enacted 25% benefit reduction that could re-

Fix the Problem

to ensure the program’s solvency, part sult in 2035 if we make no changes to
of the final bill was an increase in the the program. But, as the gains in lon-
Social Security full retirement age gevity have come primarily to higher
from 65 to 67, accounting for in- earners, the better, more-targeted so-
creased average longevity. The full lution is to have those higher earners
retirement age is the age at which an contribute more to the system that

D
individual can receive unreduced So- they will now benefit from over a lon-
espite assurances BY LAURA in longevity have not been shared cial Security benefits. An increase in ger period of time.
from both political HALTZEL equally in the population. the full retirement age is a benefit re- Currently, the Social Security
parties about not Senior fellow The highest-income individuals duction. Either those workers have to payroll tax—12.4% of Social Security
touching Social at the Century in our society have experienced longev- forgo two years of collecting monthly covered earnings—applies only to
Security and Foundation ity gains, while the longevity of the Social Security benefits, or they face the first $160,200 of earnings. That
Medicare as part middle and lower earners has re- higher permanent reductions in their means someone earning $10,000
of the debt-limit mained stagnant or even declined. For benefits for each month they claim a year pays 12.4% on every dollar they
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discussions, there is chatter among example, the National Academies of benefits from the earliest eligibility earn, while someone earning $1 million
lawmakers about making changes Sciences, Engineering, and Medicine age, 62, to their full retirement age. pays 12.4% only on the first $160,200
to the Social Security program. estimates that for women born from Currently, an individual whose full of those earnings; they pay nothing
While the details of the various 1930 to 1960, life expectancy for those retirement age is 67 and retires at age into Social Security for the $839,800
proposals remain vague, there are at the bottom of the earnings distribu- 62 faces a 30% permanent reduction above that amount. Of course, they also
reports that a small group of biparti- tion has declined by four years, while in their Social Security benefit. In- don’t receive Social Security benefits on
san members of Congress is consider- for those at the top of the earnings dis- creasing the retirement age by three those higher earnings.
ing proposals including increasing the Social Security was designed to
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Social Security full retirement age, replace a higher percentage of pre-

altering the benefit formula, and es- retirement earnings for lower earners
tablishing a sovereign-wealth fund. than for higher earners who are more
The Republican Study Committee able to save on their own outside of
put out its own budget agenda, which Social Security, in addition to linking
included indexing the Social Security earnings contributed with benefits
retirement age to increases in longev- received.
ity, reducing spousal and survivor I believe that both of those inten-
benefits, and allowing individuals to tions can be upheld through a com-
invest their Social Security contribu- promise reform: remove the cap on
tions in private accounts, among the Social Security payroll tax, and
other provisions. afford those higher earners a benefit
Raising the retirement age, in replacement rate on those newly tax-
particular, is frequently touted as able earnings, in keeping with the
the solution to the increased average progressive benefit formula.
longevity of the American population. Social Security plays a critical
When Social Security was enacted in role in replacing earnings lost to the
1935, the typical 65-year-old could death, disability, or retirement of a
expect to live another 14 years. As of worker. There seems to be a large,
2022, the typical 65-year-old can ex- bipartisan majority of lawmakers
pect to live more than 20 years. committed to fixing the program’s

Illustration by Alex Nabaum

The argument has been that if financing gap in ways that don’t harm
people are living longer, they should beneficiaries or cut their benefits.
be working longer. That sounds rea- In saving the program, we must
sonable on its face, until you remem- enact policies that reflect the reality of
ber your middle school algebra and a diversifying workforce, not harm the
recognize that averages can be easily very people that Social Security was
skewed. The fact is that the increases designed to protect. B
 March 13, 2023 BARRON’S 63

MAILBAG
Send letters to [email protected]. To be considered for Numbers by Barron’s, which breaks down the markets,
publication, correspondence must bear the writer’s name, is available wherever you listen to podcasts.
address, and phone number. Letters are subject to editing.

so cotton patch into a sizable protec- Most Sustainable U.S. Companies with the cycle, buy back shares.
tive dog training/boarding school. Right Now,” March 2). She set the When cash gushes with oil, raise
Pets look like the future of once- record straight on environment, so- the payout. Instead of not attracting
productive land. cial, and governance, or ESG, invest- investors, the new paradigm may
Curt Johnston ing: It’s about going forward, not very well attract patient investors
On Barrons.com backward to a time of nostalgia that with a long-term view of this highly
never was. I was pleased to see that cyclical industry. Why did it take so
To the Editor: six of Barron’s top 100 companies long for this idea to surface? Simple
Very informative insights regarding were ones that I’ve held for at least but elegant.
the newer technologies. I especially five years. Of those, two tech compa- Harvey Rosen
like the notion of immediate soil diag- nies, Lam Research and Applied Ma- Brooklyn, N.Y.
nostics, which allow for optimal seed terials, have done best for me, but
spacing and, in turn, less fertilizer and they’re all keepers.
insecticide use. Patricia S. Duffy The Perfect Market
Jordan Blinder Grand Blanc, Mich.
On Barrons.com To the Editor:
To the Editor: In “Warren Buffett’s Secret Sauce
To the Editor: Companies that hire the best people, Is Dividends. Options Can Be a Safe
While it is true that Farmland Part- use the best materials and equip- Substitute” (The Striking Price,
ners was up a lot over three years, ment, and get by without special fa- March 1), Steven Sears makes the
actually the whole gain was at the vors from the government will usu- point that more investors should
beginning, and it has trending down ally reach their objective of making a consider using options to enhance
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for almost three years. We have been fair profit on their investment. With returns and reduce risk. Perhaps
interested in the technological devel- this in mind, a savvy investor may that’s because options are viewed by

A Farmer’s opments in agriculture that were so

well described in the piece. We agree
that AGCO is well situated, but also
want to avoid the shares of those
companies on your list that have a
high ESG score.
many investors as being too risky or
too complicated.
Selling covered calls against exist-

Contrarian
think that Deere has a very strong Russ Stabley ing positions isn’t that difficult, and
position. Hartwell, Ga. is more conservative than owning the
John Levin stock outright.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Levin Capital Strategies I have a relatively modest portfolio

The Flexibility Paragon
Lament
New York of 14 stocks, almost all paying divi-
dends. By using the above process, I
To the Editor: To the Editor: pull in an extra $1,500 to $2,000 a
Jack Hough commented that “many In “Variable Dividends Were Hot as month.
farmers are in it for the lifestyle; Oil and Gas Soared. Now They’ve This is a perfect market to do this,
To the Editor: fewer do it for a living.” When I read Cooled Off,” Avi Salzman opines that by the way. The trend is sideways to
Farming, contrary to this rosy picture, is less able to that to a farmer, he laughed. He said “flexibility is good, but it may not down. Your chances of making
support living standards than at any time I can recall (” he doesn’t know what that means. attract investors as 10% yields once money are far greater than when the
After the Thaw,” Cover Story, March 3). Wheat prices Apparently, he is one of the few who did” (Income Investing, March 3). It trend is up.
have declined 23% since the onset of war in Ukraine, per are in it for a living. seems to me that the flexibility para- If you’re nervous about doing this,
the Teucrium Wheat fund. I barely broke even on soy Dwayne Salem gon is much more attractive than a start small—try it with one or two of
and corn over the past two years. Beef and dairy prices Myerstown, Pa. high yield. Energy is a highly cyclical your positions. You’ll quickly see the
and rolling “shortages” have collapsed. I won’t be rais- industry. A variable payout gives a benefit.
ing 400 head—vet, fertilizer, feed milk, and feed prices To the Editor: company superior choices in allocat- Dave Sylvain
are astronomical. I can pasture-raise 100 head; I bought We own a 40-acre orange ranch and ing profits. When the stock price falls Andover, Conn.
130 for mortality and am now down to 113. two citrus-packing houses. Luckily,
I guess I can double my acreage and lose more. With these businesses aren’t our real jobs.
the interest-rate spike, capital purchases aren’t in my We love the lifestyle and tax write-
plan. As best we can tell, the middlemen are making a offs, but we aren’t getting rich.
killing by selectively managing grocer “shortages” and Robert Price
“We agree that AGCO is well situated,
Photograph by KC McGinnis

pocketing inflation. On Barrons.com

Local acreage price increases are driven by newbie,
freshly retired professionals buying 50- to 100-acre
parcels to build a big house and feed “rescue” dogs, Setting It Straight
but also think that Deere has a very
horses, pigs, sheep, goats, mules, donkeys, llamas,
camels, etc. The guy a mile or so behind me has a To the Editor: strong position.”
lion—an exotic rescue. Another turned a 100-acre or Kudos to Lauren Foster (” The 100 John Levin, Levin Capital Strategies, New York
 M W L C 10 11 12 H G R P 4 8 3 F 2 D 6 7 9 0 A I
64 BARRON’S March 13, 2023
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FIXED INCOME
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

SURVIVE OR THRIVE?
Do more than survive. Our active fixed income approach strives
to help you make the most of changing bond markets.

Do more at mfs.com/active360
52051.2
 A M E R I C A’ S T O P 1 2 0 0 F I N A N C I A L A DV I S O R S

MARCH 13, 2023 W E A LT H & A S S E T M A N A G E M E N T G R O U P

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How Top Advisors Are Building Portfolios

See the moves that wealth management pros are making as
interest rates rise. PAGE S4 Plus: Six top advisors share insights. PAGE S8
We name the best advisors in every state. PAGE S18
 S2 BARRON’S March 13, 2023

Now’s the time to have the

bull at your back, with Merrill.
Merrill believes the future is bullish,
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even in the most unpredictable of markets. And when working

with our advisors, you get a personalized plan to help you see
through the uncertainty to find opportunity.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

We’re proud of the Merrill advisors named to the Barron’s “Top 1,200
Financial Advisors” list, published on March 10, 2023, with rankings
based on data as of September 30, 2022.

Contact an advisor at ML.com/Bullish

Investing involves risk and past performance does not guarantee future results.
Opinions are Barron’s, who evaluated advisors with a minimum of seven years of financial services experience and employed at their current firm for at least one year. Other
quantitative and qualitative measures include assets under management, quality of practice, regulatory records, internal company documents and 100-plus points of advisor-provided
data. Rankings do not reflect any client experience, endorse any advisor and are available for client evaluation only. Compensation was not received from any advisors for the study.
Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly
owned subsidiary of Bank of America Corporation.
Investment products:

Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
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For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
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March 13, 2023
BARRON’S

What would you like the power to do?®

S3
 S4 BARRON’S March 13, 2023
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T
TOP 1200 FI NANCI AL ADVI SOR S 2023 he yearslong stock
market party that

Advisors Put Portfolios

followed the 2008-
09 financial crisis
crashed to a halt
last year, and few
investment pros

On Track for a New Era

expect it to resume anytime soon. As
a result, financial advisors are adjust-
ing to a more sober reality.
From the start of 2009 through
2021, the S&P 500 index returned
16% a year on average, buoyed by
steady earnings growth and remark-
Inflation and higher interest rates brought an end to rah-rah returns for growth stocks. Advisors ably low interest rates. But the bell-
are adjusting by buying more bonds and shifting their focus away from once-sexy stock sectors. wether stock market index plunged
more than 19% in 2022 as the Federal
Reserve, seeking to combat inflation,
cranked interest rates higher.
BY STEVE GARMHAUSEN ILLUSTRATIONS BY NATHAN HACKETT “I refer to the 2010 decade as the
 March 13, 2023 BARRON’S S5

period of free lunch,” says Holly New- cases, what clients want right now is themselves as business owners, Phil- when a client’s portfolio is con-
man Kroft, an advisor with Neuberger to limit their losses. “My clients are lips, who is ranked 13th in Colorado, structed, and they don’t change. If a
Berman who is ranked 14th in New already wealthy,” says Patrick Fruz- adds, “That allows them to be incredi- sector’s weighting shrinks because its
York in Barron’s Top 1200 Advisors zetti, managing partner at Rose Advi- bly steady in difficult markets.” performance lags, Vinder buys more
for 2023. “It was such an anomaly.” sors in New York. “And now they In many client portfolios this year, of it. If it expands, he’ll sell. “We make
Today, stocks continue to feel pres- want that wealth protected for retire- Phillips and Co. have shifted 10% of sure we stick to the targeted alloca-
sure from further Fed interest-rate ment and for future generations.” assets to short-dated bonds to take tion,” he says.
increases and signs that inflation Fruzzetti, ranked 64th in New advantage of suddenly significant Friendly rates. Things have been
remains stubbornly high. At the same York, has added to his fixed-income yields: A six-month Treasury cur- a little more exciting on the fixed-
time, bonds—which had been mired in positions and allowed stock alloca- rently yields over 5%. “That’s really income side of Vinder’s client port-
a slump since mid-2020—have sprung tions to shrink a bit. If 80% of a client relevant for clients who are withdraw- folios, thanks to rising yields. “The
back to life, thanks to increasingly portfolio was in stocks a few years ing regularly from their portfolios,” past year has been the first time in
attractive yields. Such changes have ago, that figure might have fallen to she says. “Beforehand, that income over a decade when you can buy
prompted investment advisors, in- about 70% now. generation might have been more fo- bonds at attractive rates,” Vinder says.
cluding those in this year’s Top 1200 Fruzzetti has found attractive op- cused on dividends and total return.” As a result, he has been moving fixed-
ranking, to re-evaluate the makeup of portunities in areas that recently have Value plays. On the equity front, income allocations from short-term
their clients’ portfolios. been out of favor, such as the energy Obermeyer Wood has been gradually bonds, cash, and some alternative
While each advisor’s approach is sector. moving out of “fully priced securities” investments into Treasury bills yield-
different, most are reworking asset He’s also bullish on alternative in- into bargains since the end of 2021. ing almost 5% and triple-tax-free
allocations to include more bonds, and vestments that take the form of physi- “Given this environment of higher municipal bonds.
many are shifting away from growth- cal assets: Precious metals, residential rates and sticky inflation, we’ve been During the yield drought prior to
style stocks and toward less-sexy, but real estate, and farmland are exam- very much focusing on companies last year, Vinder sought yield in pri-
often dividend-paying, value names. ples. “When we’re seeing consistent with robust current earnings that vate debt and private real estate, de-
At the same time, some respected inflation, I believe those are the types aren’t dependent on financing—value spite higher fees and tax concerns.
investment advisors are, well, standing of alternatives that can grow in an stocks—over those that have earnings “Now that there’s a friendlier rate
pat. Ron Vinder, a New York–based inflationary environment and protect in the future—growth stocks,” Phillips environment, we don’t see the need
wealth advisor with Morgan Stanley, purchasing power,” he says. explains. to have alternatives as much,” he says.
uses exchange-traded funds exclusively Fruzzetti is less optimistic about Attractive places to find value Better fixed-income yields have
to build stock portfolios, and he main- private equity. The asset class soared stocks right now include the industrial prompted Kroft to make some adjust-
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tains the same broad mix of sectors over the past decade, posting its sector, especially chemical companies, ments in her clients’ portfolios, as
year after year. His goal may sound second-best year ever in 2022. But Phillips says. Home builders are also well. She had largely stuck with very
simple, but it’s something that few rising interest rates slowed deals and attractive, she adds: “Because inves- short-duration, high-quality bonds,
money managers can match. “We’re fund raising in the second half of the tors have been so concerned about a along with floating-rate bonds as a
just looking to get market returns,” year, signaling that the road ahead recession, they’ve depressed some of proxy for high-yield bonds. Now, she
says Vinder, ranked third in New York. may be tougher. “There will still be those valuations, meaning you’re able and her team are thinking about ex-
“Consistent outperformance is not successful private-equity investors to get attractive valuations on mature tending bond durations and switching
something that I believe can be done.” going forward,” says Fruzzetti, “but businesses with steady financials and from floating-rate to fixed-rate bonds
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Reaching goals. While their I think the wave that dominated for really good cash flow characteristics.” to lock in today’s higher yields.
investment approaches can differ 10-plus years has shifted.” Morgan Stanley’s Vinder, mean- Kroft has been underweight stocks
Ali Flynn
sharply, our top advisors share a com- Private time. Kroft expects returns Phillips while, spends little time evaluating for the past couple of years due to their
mitment to providing the long-term from publicly traded stocks to revert Obermeyer Wood individual companies. Because he expected volatility. The past 14 months’
investment returns that will allow from their 16% average annual return Investment Counsel uses ETFs for the equity portion of his market carnage has made equity valua-
their clients to meet important finan- from 2009 through 2021, to historical clients’ portfolios, those clients expect tions more attractive, but she wants to
Look for compa-
cial goals, such as funding their chil- averages—about 10% for the S&P to match, not beat, the market. The see volatility ease before she commits
nies with robust
dren’s educations, enjoying a comfort- 500—for the foreseeable future. “We current earnings
idea behind Vinder’s no-drama ap- to increasing clients’ stock allocations.
able retirement, and supporting think the place to capture double-digit that don’t have a proach is that over time, aggregate “We don’t think that’s going to happen
people and causes they care about. returns, for clients who can afford the lot of debt. market returns will be sufficient to until we’re really at the end of the rate-
This ranking, which draws from investments, is in the alternative and allow his clients to meet their goals. hike cycle and when you start to see
all 50 states plus the District of Co- private space,” she says. Kroft is bull- Vinder doesn’t bother with active inflation come down a little bit more
lumbia, is the largest and most com- ish on private equity, but says investing management because, he says, history meaningfully,” she says.
prehensive of Barron’s annual advisor with only top-tier firms is imperative. shows it’s nearly impossible for man- Kroft argues that active manage-
lists. It includes a cross-section of Like Fruzzetti and Kroft, Ali Flynn agers to consistently beat their bench- ment can have a greater benefit by
advisors serving individuals and Phillips leans toward active investing. marks. According to S&P Global, 84% blunting the impact of falling markets,
families, from independents who The executive vice president at Aspen, of large-cap stock funds trail their rather than delivering outsize returns
own and operate their own practices Colo.–based Obermeyer Wood Invest- Holly benchmarks after five years, and 90% in rising ones. “If a portfolio is down
to advisors from large Wall Street ment Counsel, Phillips says that hav- Newman Kroft trail them after 10 years. 20%, you need to earn 25% to get back
firms. This special report lists the top ing individual securities as a large part Neuberger Berman Vinder not only eschews individual to whole,” she says. “But if it’s down
advisors in each state, with the num- of a portfolio helps reassure clients stock-picking but also rejects the prac- 50%, you have to earn 100% to get
Consider extend-
ber of ranking spots determined by during volatile markets, because they tice of shifting to more-promising back to whole.”
ing bond dura-
each state’s population and wealth. can easily keep track of what they own sectors. Each of his clients has alloca- Still, many active managers, includ-
tions and switch-
(For more on our rankings, including and fine-tune positions. That isn’t the ing from floating- tions to large-, mid-, and small-cap ing Kroft, use index funds for a por-
this year’s results, see page S6.) case with index mutual funds and rate to fixed-rate growth and value stocks, as well as tion of client portfolios. Typically, pas-
In making investment recommen- ETFs, which often track very broad bonds to lock in international, emerging markets, and sive ETFs or index mutual funds are
dations, advisors attempt to meet their indexes. In addition, owning individ- today’s higher commodities. The target weightings to used to tap into big, heavily traded,
clients’ expectations, and in many ual stocks can make clients think of yields. those asset classes are determined well-researched market segments
 S6 BARRON’S March 13, 2023

State Champs such as U.S. large-cap equities. One For years, it was relatively easy for
Here are the No. 1-ranked advisors from each state plus the District of Columbia. clear benefit is that passive funds tend investment advisors to deliver great
Team to be much less expensive than active returns. As conditions change, their
Assets management. That is an important skill in picking winning stocks and
Advisor Firm State (mil)
part of the strategy that Kroft uses as bonds, or the wisdom of their passive-
Michael Warr Morgan Stanley PWM Ala. $2,820 she strives to deliver above-market investing approach, will be put to the
Jeff Leonard Raymond James Alaska $1,170 results, after fees and taxes, over a full test. The “free lunch,” as Kroft calls it,
Trevor Wilde Wilde Wealth Mgmt Group Ariz. $2,520 market cycle of about five years. probably is off the menu. B
Joseph Small Ameriprise Financial Ark. $560
Gregory Vaughan Morgan Stanley PWM Calif. $36,237
Shawn Fowler Morgan Stanley PWM Colo. $12,435 MET H O D OLO GY
Jeff Erdmann Merrill PWM Conn. $11,164
Marvin McIntyre
Kimberlee Orth
Morgan Stanley PWM
Ameriprise Financial
D.C.
Del.
$4,839
$2,334 What Sets Our Top 1200
Brian Pfeifler
Rod Westmoreland
Morgan Stanley PWM
Merrill PWM
Fla.
Ga.
$12,400
$4,034 Ranking Apart
Matthew Megorden UBS Wealth Mgmt Hawaii $833
Dale Miller Morgan Stanley Wealth Mgmt Idaho $2,455 BY MATTHEW BARTHEL spots in each state corresponds to its
John Cultra William Blair Ill. $4,283 relative population and wealth, and

P
Wm. Craig Dobbs Graystone Consulting | Morgan Stanley Ind. $33,776 lenty of financial advisors are every state gets at least six advisors.
Bryan Boesen Morgan Stanley Wealth Mgmt Iowa $1,701 making big strides in develop- The Top 1200 is one of seven advi-
Brenna Saunders Creative Planning Kan. $2,420 ing their practices, and Barron’s sor rankings we do each year. They
2023 list of Top 1200 Financial are split into two broad categories:
Barry Barlow Merrill Lynch Wealth Mgmt Ky. $1,078
Advisors reflects that dynamism. those that highlight individual advi-
Curtis Eustis Merrill PWM La. $1,555
This year’s ranking includes 172 sors (such as the Top 1200) and those
Brian Clement RBC Wealth Mgmt Maine $661 newcomers—about 14% of the total. that focus on teams and firms. In to-
Peter Princi Graystone Consulting | Morgan Stanley Mass. $8,599 Among them are Jake Kern of Mariner tal, 5,630 advisors completed surveys
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Robert Scherer Graystone Consulting | Morgan Stanley Md. $13,678 Wealth Advisors in Overland Park, this year after meeting minimum size
Charles C. Zhang Zhang Financial Mich. $4,911 Kan.; Kelly Rae Haskell of Edward and quality requirements. The finan-
Rob Metcalf UBS PWM Minn. $3,657
Jones in Aberdeen, S.D.; Gautam cial results used in the calculations are
Muthusamy of Baughman Capital as of Sept. 30, 2022.
Melanie Dowell Morgan Stanley Wealth Mgmt Miss. $1,518
Management in Saline, Mich.; and Lisa The rankings calculations have
Michael Moeller Moeller Investment Group Mo. $2,230
Clark of Morgan Stanley in Tulsa, three major components: assets under
James B. Stack Stack Financial Mgmt Mont. $1,597 Okla. Merrill Lynch and Morgan Stan- management, revenue, and quality of
Mitchell Wickham UBS PWM N.C. $15,234 ley led the pack of firms putting new practice. Assets under management
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

Troy Nelson Edward Jones N.D. $864 advisors into the ranking, with 45 and and revenue are two good indicators
Brent Kiley Ameriprise Financial N.H. $1,971 35 new entrants, respectively. of client satisfaction. Clients who like
David Briegs Merrill Lynch Wealth Mgmt N.J. $2,002
Among previously ranked advi- the way their advisors are managing
sors, several made notable moves: their assets tend to give them more to
Michael Stevens Merrill Lynch Wealth Mgmt N.M. $1,345
Thomas Van Dyck of RBC Wealth manage, and they also refer friends
Lyon Polk Morgan Stanley PWM N.Y. $29,154 Management (up 52 spots in Califor- and family to their advisors. When
Jim Siemonsma Mariner Wealth Advisors Neb. $1,853 nia), Harold Elish of UBS Private clients are happy with the value
Mark Binder UBS PWM Nev. $7,113 Wealth Management (up 41 spots in they’re receiving from an advisor,
Valerie Newell Mariner Wealth Advisors Ohio $4,339 New York), Craig Massey of Merrill they’re unlikely to ask for a reduction
James Johnson Morgan Stanley PWM Okla. $1,229 Private Wealth Management (up 39 in the fees they’re charged, and the
spots in Texas), and Paul Wood of advisor’s revenue will remain stable
Rebecca DeCesaro First Republic Investment Mgmt Ore. $1,995
Raymond James Financial Services or grow.
Rob Thomas Mariner Wealth Advisors Pa. $2,491
(up 30 spots in Florida). The third general component of the
Malcolm Makin Raymond James R.I. $1,502 You’ll note that each of those moves rankings—quality of practice—is
Rick Migliore Merrill PWM S.C. $7,026 was listed by the advisor’s state. Un- based on a constellation of questions
David Hillard RBC Wealth Mgmt S.D. $1,313 like the six other annual wealth man- aimed at evaluating an advisor’s char-
Jay Williams UBS PWM Tenn. $2,480 agement rankings published in Bar- acter. These questions address regula-
Richard Joyner Tolleson Wealth Mgmt Texas $7,600
ron’s and The Wall Street Journal, the tory records, professional experience,
Top 1200 is a state-by-state listing. education, community involvement,
John Van Wagoner Merrill PWM Utah $1,050
Conceived in 2009 as a way to inject and more. Investment performance
Stephan Cassaday Cassaday & Company Va. $3,990
geographic diversity into our rank- isn’t an explicit ranking criterion be-
Tim Stotz Morgan Stanley Wealth Mgmt Vt. $1,730 ings, the Top 1200 is a collection of 51 cause returns are directly affected by
Christopher Hall Hall Financial Advisors W. Va. $982 individual rankings, with advisors in the risk appetites of individual clients.
Phil Scott First Republic Investment Mgmt Wash. $2,364 each state and the District of Colum- Are you in the market for a good
Michael Klein Baird Wis. $12,934 bia compared against one another, financial advisor in your state? This
Dagny Maidman First Republic Investment Mgmt Wyo. $4,381
rather than against every advisor in ranking could be a good place to start
the nation. The number of ranking your search. B
PWM=private wealth management
 March 13, 2023 BARRON’S S7

James Fields
Klingenstein Fields Advisors
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 S8 BARRON’S March 13, 2023

TOP 1200 FINANCIAL ADVISORS 2023

Carlette
McMullan
William Blair

BY STEVE GARMHAUSEN

I
t’s a tough time for stocks, particularly technology and other growth-
oriented equities. But volatile markets always create opportunities, and
investment advisor Carlette McMullan sees one in smaller, struggling
firms that have become buyout targets. “It’s a very interesting time there,”
says McMullan, a Chicago-based, 34-year veteran of William Blair. “What
you pay for them, though, is the key question.”
McMullan explains why it’s worthwhile to be patient with growth stocks,
which are the longstanding focus of her firm. She also reveals how she’s taking
advantage of rising bond yields to stabilize client portfolios.
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

Barron’s: William Blair is known for coming out of a downturn, particularly

its focus on growth-equity invest- those companies with pricing power
ing. With the category still well off that can pass along higher costs.
its market highs of late 2021, what
are you telling clients about why Have you ventured into value
they should continue to own companies?
growth stocks? We haven’t changed our stripes; we’ve
Carlette McMullan: Despite recent stuck to growth. But we are being
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

underperformance and a very pun- more defensive and are greatly

ishing 2022 for growth stocks, we emphasizing dividend-paying stocks.
believe that clients should definitely
continue to allocate assets to growth About what percentage of the
and own and invest in high-quality, growth stocks your clients own
consistent businesses that have his- these days pay dividends?
torically proved to be defensive Depending upon the client’s risk pro- trial companies that have a tailwind After being in a funk for so long,
KEY STATS
against volatility in difficult markets file, the percentage of growth stocks with stimulus and with more produc- bonds have become a bright spot.
and economic environments. paying dividends in portfolios is on tion being reshored. We’re interested Absolutely. I always followed the
Last year, technology and growth
stocks were the biggest losers. Rapid
average 20% to 50% or more. $1.62 in precision farming. And we like
growth companies that pay dividends.
maxim that you should have some
fixed income in your portfolio as bal-
BILLION
increases in interest rates weighed on What are some of the best oppor- Team assets The upside is that you get paid to wait, last. But it had been an abysmal situa-
growth companies, with their future tunities you see on the equity side but it’s difficult to know how much tion until recently. And frankly, we
cash flows worth less when dis- of the market? more multiple compression growth only did fixed income for those clients
counted back to the present. While the
Federal Reserve may have more to go,
One is companies that are potential
takeouts. Our research analysts meet
$5 equities will suffer. who absolutely insisted on it. But now,
six-month Treasury yields are over
MILLION
the scale of the rate change won’t be with company management regularly, Typical account What do you think will be the cata- 5%, and two-year Treasury yields are
nearly as great in 2023. Small-cap and obviously in this environment lyst for growth stocks to rebound? up to 4.81%. That’s the highest since
stocks are also relatively cheap, with where growth stocks were down so I think getting some clarity from the 2007. Obviously, depending upon the
the S&P 600 SmallCap index trading
at 13.9 times expected earnings over
horrifically, there’s takeover action
with smaller companies happening on
$15 Fed as to how high interest rates will
go and how long they will remain ele-
client’s risk appetite, higher-yielding
corporates are available. Netflix is over
MILLION

Photograph by Evan Jenkins

the next 12 months, while the S&P a regular basis. It’s a very interesting Typical net vated will absolutely be helpful. It’s 5%. We don’t use bond funds, but
500 index is trading at 17.5 times time there. What you pay for them, worth just a matter of time. The other huge rather individual issues. We ladder
expected earnings. though, is the key question. wild card is that we’ve taken peace them by staggering maturities so that
Finally, we’re telling clients to keep in the West for granted for decades. as bonds mature, the funds can be
the faith, as in the base-case economic What other longer-term plays are Now, the uncertainty and broadening reinvested, hopefully at higher rates.
scenario we have a mild recession. interesting? of the war in Ukraine is continuing
Growth stocks historically outperform We are particularly focused on indus- to negatively impact the market. Thanks, Carlette. B
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.
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March 13, 2023
BARRON’S
S9
 S10 BARRON’S March 13, 2023

TOP 1200 FINANCIAL ADVISORS 2023

Mark Mantooth
Morgan Stanley Wealth Management

BY GREG BARTALOS

H
aving endured the Covid-induced market plunge in 2020 and last
year’s portfolio-mauling declines in stocks and bonds, investors
are craving peace of mind, says Mark Mantooth, managing direc-
tor of Morgan Stanley Wealth Management’s Mantooth Pols
Group. That means they’re willing to lower their sights in return
for relative calm and a smoother ride.
“In the past, we’d hear things like, clients want a 10% or 12% return,” says
Mantooth, whose team is based in Huntsville, Ala. “I think their targets have
become more realistic and more muted because clients aren’t willing to take
the risk or they don’t want the volatility that they were willing to take with
their portfolios in the past.”

Barron’s: After a brutal 2022 for For overseas stocks, do you favor
investors, what are you hearing developed nations or emerging
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from clients? markets?

Mark Mantooth: It isn’t just 2022 I like both. It’ll be one of those few
but also 2020 that brought about years out of a dozen where those mar-
change. Clients are taking less risk kets look attractive. I think money will
now than at probably at any time in find its way there, for no other reason
my career. They’ve experienced ex- than it hasn’t performed.
treme volatility over the past three
years, but there is optimism. It isn’t What is your typical allocation to
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

like their confidence is damaged. international equities?

They’re satisfied with outlooks of 6% We’ve maybe been a little bit less than
and 7% returns. 10% over the past several years. The
Street has long said that international
What did you tell clients last year? is where the value is. But now Morgan
We heard that clients were afraid to Stanley is advising that more money
look at their financial statements. So, should go into international stocks. It based on the Fed completing its ac- For long-term investors, there’s a lot of
KEY STATS
all during the year we held Zoom seems very believable here. tions by midyear, the financial sector, value to be had, and if there’s a reces-
reviews and meetings to show them healthcare, and surprisingly, energy— sion, it’ll be mild. The dollar, which
how they were doing relative to the
benchmark. We explained what was
How will money managers invest
for the rest of 2023?
$794 even though energy was up 48% last
year. Clients more than ever want div-
was in a parabolic upward move last
year, has rolled over 12%. There’s lots
MILLION
going on, and why they should be They’ll be going anywhere and every- Team assets idends. If it’s a tech stock, they’ll say, of sideline cash. The S&P 500 index
looking beyond all of this. where to pick up value. I think they’ll I want it to pay a dividend. Money could hit new highs in 2024.
be more nimble than usual. They’ll managers have to deliver some level
How are you investing?
Our portfolios have become less
take profits like you saw them doing
at the end of January, when a lot of
$5 of performance because people really
suffered and got clobbered last year.
How does your firm incorporate
passive and active investing?
MILLION
risky and more dividend- and value- the indexes were up 7% to 10%. If Typical account Both are very important tools. One of
oriented over the past couple of there’s something different about You sound pretty optimistic about the things that has changed is direct

Photograph by Lynsey Weatherspoon

years. We’re increasing how much 2023, it’s that you won’t have a bunch markets. indexing. A lot of money will find its
we allocate overseas. At the same
time, we’re increasing our fixed-
of money managers sitting and wait-
ing, hoping that it’s a good year. They
$10 Last year was filled with huge nega-
tive headlines. This year, a lot of those
way to direct investing. It is a brilliant
way to own indexes, more so than just
MILLION
income allocation and probably have will be closing out positions and Typical net still exist, but they just aren’t as bad. having a static ETF or index.
the least amount of money in tech- taking profits. All during the year, worth The market is probably overpriced in We’re just in the infancy stage of
nology stocks than we’ve had in money will be rotating like we haven’t the near term, but I think there are using it, but we’re starting to put it
maybe five years. But we’re mostly seen in a decade. green shoots showing up everywhere. in front of clients. They’re very inter-
focusing on large-cap companies Morgan Stanley recently indicated ested and excited about it.
with fortress balance sheets that What might they rotate into? that the Fed could cut rates as soon as
pay a dividend. If I were guessing for the year, kind of March of 2024. Bonds look attractive. Thanks, Mark. B
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March 13, 2023

© 2022 Dow Jones & Company, Inc. All rights reserved. 4E5405
BARRON’S
S11
 S12 BARRON’S March 13, 2023

TOP 1200 FINANCIAL ADVISORS 2023

Tammy
Renae Head
UBS Wealth Management

BY AMEY STONE

T
ammy Renae Head remembers when she decided she needed to
learn how to pilot a plane. As wealth advisor to Alaska Native cor-
porations for UBS in Anchorage, she frequently traveled to villages
accessible only by plane. On several trips, bad weather forced
pilots to make emergency landings on roads. That’s when Head
decided she wanted to be able to take the controls if necessary.
Her practice grew rapidly as word spread of her willingness to meet face-to-
face with leaders in remote villages and explain the investment process clearly.
Earlier, some of those leaders had been taken advantage of by unscrupulous
outsiders.
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Head explains how she won her clients’ trust, her role in search-and-rescue
missions, and the “sweet spot” she sees in short-term fixed income.

Barron’s: Let’s start with Alaska. rations get funding from those busi-
Did you grow up there? nesses and share that profit with some
Tammy Renae Head: I moved here of the village corporations to try to
from Idaho with my parents when I keep everyone afloat. I was brought in
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

was in third grade. My father liked to to help them invest their portfolios
hunt and fish. After college, I initially and get a decent return and make sure
worked for the state of Alaska, but the money lasts.
then I joined Dean Witter in 1983.
And in 2005, I came over to UBS. How did you gain the trust of
clients in these communities? What made you decide to learn to What are you telling clients about
KEY STATS
How did you develop your specialty? I had to become part of the village and fly a plane? today’s volatile markets?
I kind of stumbled into it, and work- understand their needs. They didn’t I had several incidents where we had This isn’t 2008 or 1987, when there
ing with Alaska Native corporations
has been the majority of my business
want to see a suit. They wanted some-
one who dressed more like them and
$878 to land the plane on a road during
extreme weather. I decided to get a
was a major crash. Today, it is an eas-
ier conversation. Our economy is
MILLION
since 1988. You have to travel to re- who could jump in the back of a Team assets pilot’s license so I could at least get the strong. This is all about inflation, and
mote villages and fly on a small plane pickup truck. Culturally, it may have plane down if I needed to. That led to it, too, will end. After 40 years in the
in a lot of bad weather. I did that. been easier for a woman than for a me joining the Civil Air Patrol and industry, I can give comfort that I’ve

Can you explain a bit about how

Caucasian male. In the early days, in
the ’70s, people would come from the
$5 doing search and rescue for many
years. That helped me to better edu-
seen difficult times in the market. I tell
clients that if we focus on our long-
MILLION
these corporations work? outside world and try to take advan- Typical account cate myself about safety protocols. term objectives, we’ll be just fine.
In 1971, the Alaska Native Claims Set- tage of them. So, you needed to show This is a pretty unforgiving state. You Sometimes we tweak a little depend-
tlement Act [Ancsa] created for-profit them that they could trust you. don’t take chances out here. ing on the environment or their needs.
village corporations to be owned by
Native shareholders. Native Alaskans
One client led to another, and it
just turned out to be a good fit. I also
$10 Getting back to your clients, how What tweaks are you making now?
MILLION

Photograph by Joshua Corbett

were given funds that they could run work with nonprofits in these com- Typical net do you manage the portfolios? Fixed income has gotten a lot more
as for-profit corporations. munities, such as native-run hospi- worth It’s similar to running an endowment, attractive, and the sweet spot is in the
tals. And I expanded to serving First and I stay very conservative. I’m not a short term. We’re making sure their
What businesses are they in? Nations in Canada. I’ve had trips stockpicker. We invest based on policy cash isn’t sitting in a bank when we
These corporations do business all where I had to kind of pinch myself statements. It’s all about asset alloca- can get 5% in a six-month Treasury.
over the world. They have a lot of to believe it. It has been quite an tion tied to clients’ goals and making We look for all their opportunities.
technology businesses—for example, experience, and I wouldn’t change sure we’re diversified. A lot of my job
in cybersecurity. The regional corpo- it for the world. is education. Thanks, Tammy. B
 March 13, 2023 BARRON’S S13

Congratulations to
Our 2023 Barron’s
Top Financial Advisors
We are proud of the Morgan Stanley Financial Advisors named to
this year’s Barron’s Top 1,200 Financial Advisors: State-by-State
list, recognizing the best Financial Advisors in the country.
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Today’s complex financial challenges require clear goals and a

personalized plan that the Morgan Stanley Client Experience can
provide. Our Financial Advisors’ experience, access to world-class
resources and high standard of excellence consistently earn them
significant accolades, including top rankings on the industry’s
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prestigious Financial Advisors’ lists. Speak to a Morgan Stanley

Financial Advisor today and see how the Morgan Stanley Client
Experience can help you achieve what’s most important to you.

Source: Barron’s.com (Awarded Mar 2023) Data compiled by Barron’s

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 S14 BARRON’S March 13, 2023

TOP 1200 FINANCIAL ADVISORS 2023

Nayan
Ranchhod
Ameriprise Financial

BY ANDREW WELSCH

M
any financial advisors emphasize serving older, wealthier peo-
ple. Ameriprise Financial’s Nayan Ranchhod is bucking the
trend. The Scottsdale, Ariz.–based advisor leads a team that has
a large number of young clients. “I think what helps make us
unique is that we are able to help clients in the accumulation
phase of life,” says Ranchhod, 38.
A native of Tulsa, Okla., Ranchhod has worked as an advisor with Ameriprise
since 2006. He shares with Barron’s his best money habits for investors, offers
his outlook for 2023, and explains how a college counselor’s tip ultimately
spurred him to move from wintry Boston to sunny Arizona.
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Barron’s: What’s a typical client a population shortage in the 18-to-23

meeting like for you? age group. You need to look at compa-
Nayan Ranchhod: We start by build- nies that can automate because we
ing rapport, asking what has changed don’t have a labor surplus in this
in their lives, what’s new. We go country. Every recovery looks differ-
through any major updates, then see ent, of course, but there are positives
where we are in terms of their goals. in the macro environment that are
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

We want them to be engaged with getting better day by day.

where they need to be, not with where
the market is. We review their port- You work with a lot of younger cli-
folio and give them our economic out- ents. What money habit would you
look. It runs about 45 minutes to an like to see young Americans adopt?
hour. I love to do it in person, although The same one imparted to me: spend
we have been doing remote meetings less than you make. Always save don’t have time to do everything. I was nia [too]. It was beautiful. But it
KEY STATS
since 2017 because we have clients all money first. Pull it out of your lucky enough to find two great part- wasn’t my speed. I’m an Oklahoma
across the country. paycheck before you see it. I direct- ners. We do a monthly investing meet- boy, so Arizona just fit me better.

2022 was a rough year for inves-

deposited my paychecks into two
accounts, one of which I didn’t touch.
$549 ing, and we go through macroeconom-
ics and microeconomics and what we How did you grow your practice?
MILLION
tors. Did it change your approach Team assets think will happen and make adjust- I didn’t know anyone when I came out
to portfolio management? And what advice do you have for ments from there. We look at Barron’s, here. At that time, we had a program
In 2021, we took risk off the table on millennials who are a bit further Investor’s Business Daily, and a lot of where you’d call a business owner and
the equity side, and we were able to
put it back on the table as we saw that
along in life?
Be flexible. In the beginning stages, it’s
$1 investment publications; among the
three of us, we cover about 30. We like
invite them to bring some co-workers
to lunch. I would do a 5-to-10 minute
MILLION
tailwind in the fourth quarter of 2022. easy: spend less than you make. Later, Typical account to have different perspectives. presentation about myself and invest-
We did a lot of rebalancing in June it’s about managing your money well ing, and they would leave a card if
and July, and again whenever we saw and making sure that you are struc- How did you get into finance? they were interested. You’d get maybe
pain points in the market. tured to reach your life goals, not just
your money goals.
$4 I was born and raised in Oklahoma
and went to school in Boston. I in-
one prospective client. From there, we
built through referrals. We can trace
MILLION

Photograph by Adam Riding

Inflation has remained elevated Typical net tended to go to law school. It was everything back to about 35 people.
while the economy remains resil- How do you keep up on trends worth spring 2006, but it didn’t feel right. I feel like I took the entire city of
ient. What do you see ahead for in investing and economics? A college counselor suggested I look Phoenix out to lunch. But I had great
investors this year? This is one of the reasons we have a at Ameriprise. I interviewed at their mentors. It really helped shape me
We think this year has opportunities. team. About seven years ago, I real- Boston office and in Dallas, where the into who I am today.
Unemployment has remained low, and ized that the most precious thing in manager suggested that I actually
if you look at demographics, you’ll see life is time. As a solo practitioner, you move to Arizona. I looked at Califor- Thanks, Nayan. B
 March 13, 2023 BARRON’S S15

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 S16 BARRON’S March 13, 2023

TOP 1200 FINANCIAL ADVISORS 2023

Carolyn P. Taylor
Weatherly Asset Management

BY ROSS SNEL

W
hen Carolyn P. Taylor founded Weatherly Asset Management
in 1994, the investing landscape looked very different than it
does today. “At the time, comprehensive wealth management
wasn’t available to high-net-worth clients,” says the veteran
portfolio manager and advisor. “Weatherly adopted two core
pillars at inception—customized investment management married with individ-
ualized planning—and still focuses on these today.”
Taylor leads a team of 15 in Del Mar, Calif., that focuses on serving entrepre-
neurs, small-business owners, and C-suite executives, as well as women who
are going through life transitions due to divorce or death of a spouse. She shares
her recent picks in fixed income, outlines her thematic approach to sector allo-
cation, and explains why a customized portfolio is still the best bet for many
wealthy and ultrawealthy clients.

Barron’s: What concerns are you in biotech, in agricultural tech, or

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hearing from clients now? something very early stage in the tech-
Carolyn P. Taylor: Certainly longev- nology space—such as an idea stem-
ity, and planning for that, is critical. ming from the new artificial-intelli-
We have clients who will live to 100. gence chat functions. Using thematic
You really need to continue to incor- ideas as a starting point, we identify
porate that reality into the discussion. attractive companies or exchange-
There are waves of expenses that traded funds within those spaces.
change during retirement. For exam- Having flexibility to incorporate the
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

ple, travel expenses might decline over best of our themes is pretty critical in
time as healthcare expenses increase. our portfolio performance.
There’s certainly the topic of vola-
tility. After a decade of high returns in What themes are you excited about
equities, fixed income, and real estate, now?
investors need to refocus, and we help On the equity side, we continue to
them do that with realistic planning, a retain some growth names and cloud- Treasuries—because the yield curve is For the ultrahigh-net-worth or the
KEY STATS
realistic return, and a realistic rate of based names in the technology and inverted in different ways in each of high-net-worth client, we think a cus-
inflation. We ask, “Will these assets biotech areas. We also like a number those and has moved fairly dramati- tomized individual active portfolio is
last until you’re 90-something in real-
ity?” Then we test that with “what if”
of value stocks, consumer staples, and
healthcare. But the innovative spaces
$966 cally, even over the past month. the way that the majority of those cli-
ents should go.
MILLION
scenarios. are more in cloud-based agritech, Team assets How much do you rely on individual They may have biotech exposure,
I would also say that during the health tech—those areas where we securities versus funds? they might have been an executive at
pandemic and after, next-gen clients have tremendous opportunity to be The short answer is that the majority a company, they might have a concen-
have become an even larger focus.
People are worried about their kids
more efficient. $2.6 of our assets, 90%, is in individual
stocks and bonds. We couple that with
tration in technology. They may have
no liquidity because they own mainly
MILLION
and grandkids, and are planning for What about fixed income? Typical account exchange-traded funds and no-load real estate or their own company as-
their future, for example, with 529 We truly like two- to three-year mutual funds. And certainly, clients sets. All of these things weigh in.
accounts and making sure their own bonds. We think they represent an come in with assets that might be in
documents are up to date for trusts,
wills, and medical power of attorney.
incredible opportunity. In the fourth
quarter of last year, we started buying
$3.8 a taxable account, and it might be a
mutual fund or something that we
What do you like to do in your
spare time?
MILLION

Photograph by Matt Furman

Not only that, but discussions have corporates and municipals in the two- Typical net wouldn’t normally purchase. So, we I like to climb high mountains with
evolved to include high-net-worth to four-year area. Maybe starting worth like to work our way out of that posi- my family. The highest I think we’ve
clients’ parents. about a month ago, Treasury bills in tion, depending on the taxation and gone was Kilimanjaro. It’s beautiful
the one-year area started to look very the back-end loads. way up there. I also like to sail with
You take a thematic approach to attractive as they hovered above 5%. my family.
investing. Can you talk about that? Where you want to be depends on What’s your view on active versus
The thematic idea could be new ideas which market—munis, corporates, or passive investing? Thanks, Carolyn. B
 March 13, 2023 BARRON’S S17

TOP 1200 FINANCIAL ADVISORS 2023

Michelle Mayer
Merrill Lynch Private Wealth

BY ANDREW WELSCH

L
ike other top-ranked advisors, Merrill Lynch’s Michelle Mayer
doesn’t have a roster of hundreds of clients, but about half of her
wealthy and ultrawealthy clients are women. That’s just one of
several features that sets her practice apart from others, Mayer says.
Her background in estate and tax law—she was a lawyer before be-
coming an advisor—is another differentiator. It has helped Mayer, who serves
about 80 families, make sure that all of the complex financial components of
her clients’ lives are in sync, she says.
Mayer talked with Barron’s about her approach to client service, the reasons
she moved her practice to Florida, and why she finds training for Ironman
competitions relaxing.

Barron’s: What kind of clients do what I was trying to achieve. So, my

you serve? job as an advisor is to understand
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Michelle Mayer: We work with about what’s happening outside the invest-
80 families. They’re company owners, ments to make sure I can do a better
sophisticated investors, and lots of job on the investment side.
women with wealth. I think that’s I’ll give you an example. We had
probably a big differentiator of our clients who sold their business—a
team: About half of our clients are multimillion-dollar family. They had
wealthy women. Our average client trusts in place since 2001, and the
has $25 million to $100 million with trusts owned a portion of their com-
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

us. We have five or six billionaires pany when it was sold. We needed to
who we work with. create new trusts. I was on a call with
the accountants and attorneys, and we
What’s a typical client meeting like ended up not only restructuring the old
for you? trusts but also creating a family LLC
I was a trust, estate, and tax attorney, for the clients. We were then able to
so a lot of discussions we have are help make sure their asset allocation $50 million in my first year. in 2018 and changed the state and local
KEY STATS
around teamwork. We want to work matched their tax strategies and long- taxes deduction, I took one look at my
with their accountants and attorneys term goals. And we—the whole team, How did you grow your practice? tax return and kids’ college tuition bills
to make sure all the pieces are work-
ing together. In a meeting, we jump
the lawyers, everyone—were able to
execute some tax strategies around
$2 I went back to all the attorneys I used
to work with and said, “I can be your
and saw there would be a mass migra-
tion to Florida. I picked up and moved
BILLION
pretty quickly into a discussion grantor trusts with regard to the old Team assets partner, and we can help clients to my practice in 15 days. As taxes be-
around new structures they might trusts. We added a lot of value on both make sure all your work actually gets come a bigger driver of people’s wealth
have in their life. Have they created a personal and economic level. done.” When an estate lawyer puts and taxes potentially rise at the federal
any new LLCs or trusts? I tell my
clients that the more I know about How did you get into financial
$40 together all those documents, they are
only as good as the execution. That’s
and state level, investors will look for
ways to lower their overall tax burden.
MILLION
what is going on in their lives, the services from law? Typical account how I started, and it grew from there. Moving to Florida is one way to do it.
better job I can do. We dig pretty deep. I went to Georgetown University for Now, 100% of our new clients come
law school, and I spent eight years at a from referrals from existing clients. How do you relax?
How does your background as a large law firm. I saw there was a dis- $75 We don’t do any advertising or din- I train for Ironman competitions. I
Photograph by Scott McIntyre

lawyer help you as an advisor? connect between what we as attorneys MILLION ners. The growth has been tremen- know that sounds crazy. My husband
When I was practicing law, I worked were doing and what investment man- Typical net dous, but I am grateful to my clients. and I are both Ironman triathletes. So,
with a lot of wealthy families. As their agers were doing. I later got offered a worth I am usually biking or running every
lawyer, I was often the quarterback— position to be a wealth strategist at You were previously based in day. I like the discipline of it. I’m turn-
and it was like I was throwing a per- Sanford Bernstein, and they offered Washington, D.C. How did you ing 50, and all I want [for my birth-
fect spiral down the field to a wide me a slot in their training program. end up in Florida? day] is a half-marathon to run.
receiver who had his arms tied behind After trying that, I decided I wanted Being the tax lawyer that I am, when
his back because he didn’t understand to be a financial advisor. I brought in President Trump changed the tax code Thanks, Michelle. B
 S18 BARRON’S March 13, 2023

America’s Top 1200

Financial Advisors
2023
Rankings are based on assets under management, revenue generated
for advisors’ firms, and a variety of quality-of-practice measures,
including advisors’ compliance records. For more on the methodology,
go to barrons.com/advisorranks.

Clients

High Ultrahigh Team Typical Typical

Rank
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Individuals Net Worth Net Worth Assets Account Net Worth

2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional ($mil) ($mil) ($mil)

AL ABAMA
1 1 Michael Warr Morgan Stanley PWM Tuscaloosa • • • $2,820 $15 $25
2 N Tony Smith Stonegate Investment Group Birmingham • • • • • 3,753 2 50
3 2 Jeff Roberts Ameriprise Financial Birmingham • • • 799 0.7 1.5
4 N Robert Runkle Morgan Stanley Wealth Mgmt Montgomery • • • • 1,330 2.5 3
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

5 4 Camper O'Neal Merrill Lynch Wealth Mgmt Birmingham • • • • • • 932 8 10

6 5 Mark Mantooth Morgan Stanley Wealth Mgmt Huntsville • • • 794 5 10
7 8 Steven Hudson Ameriprise Financial Birmingham • • • 712 2 3.9
8 6 Brian Woodke Merrill Lynch Wealth Mgmt Birmingham • • • • • 1,420 6.3 10
9 10 Alistair Harding-Smith Morgan Stanley Wealth Mgmt Birmingham • • • • 1,912 2.5 4
10 N Mary Anne Phillips Merrill Lynch Wealth Mgmt Birmingham • • • • 1,170 10.6 15
11 9 S. Wesley Carpenter Merrill Lynch Wealth Mgmt Fairhope • • • • 588 2.5 3.8
12 N Christopher Compton Stonegate Investment Group Birmingham • • • • • 3,753 2 50

AL ASK A
1 2 Jeff Leonard Raymond James Anchorage • • • $1,170 $2.5 $3.5
2 3 Thomas Konop Morgan Stanley Wealth Mgmt Anchorage • • • 276 1 3
3 4 Tammy Head UBS Wealth Mgmt Anchorage • • • • • • 878 5 10
4 5 Kenneth Jones Merrill Lynch Wealth Mgmt Anchorage • • • 743 3 8.9
5 1 Ryan Callaway Ameriprise Financial Anchorage • • 914 1 1
6 N Levi Robinson UBS Wealth Mgmt Anchorage • • 2,140 5 10

ARIZONA
1 2 Trevor Wilde Wilde Wealth Mgmt Group Scottsdale • • • $2,520 $2.1 $3
2 1 Steven Schultz UBS Wealth Mgmt Phoenix • • • 1,859 5 8
3 3 Robert Bancroft Morgan Stanley PWM Scottsdale • • 2,426 25 50
4 6 David Stahle Merrill Lynch Wealth Mgmt Gilbert • • • • • 2,308 5 10
5 N Kevin Ehlers Ameriprise Financial Peoria • • 1,025 1.5 2
6 4 Michael Butt Morgan Stanley Wealth Mgmt Scottsdale • • • 1,035 2.5 3.5
7 19 Eddie Dulin Mariner Wealth Advisors Scottsdale • • • 990 1.7 9
8 13 Glenn Pahnke RBC Wealth Mgmt Scottsdale • • • • • 913 4 6
 March 13, 2023 BARRON’S S19

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

9 10 Brian Friedman Merrill Lynch Wealth Mgmt Phoenix • • • $1,774 $5 $12

10 N Todd Reeg Baird Scottsdale • • • • • 800 4 6
11 7 Paul Groves Morgan Stanley PWM Scottsdale • 3,232 35 50
12 14 Christopher Downs Merrill Lynch Wealth Mgmt Gilbert • • • 1,091 1 2
13 8 Jeffry Korte Merrill Lynch Wealth Mgmt Scottsdale • • • 755 2 3.8
14 17 Joe Di Vito RBC Wealth Mgmt Phoenix • • • • 601 2.5 6
15 5 Henry Villeda Merrill Lynch Wealth Mgmt Phoenix • • • • • 63,340 50 750
16 15 Michael Hudak Merrill PWM Phoenix • • 2,719 10 20
17 16 James Marten Merrill Lynch Wealth Mgmt Phoenix • • • • • 2,581 3 6
18 27 Renee Hanson Ameriprise Financial Phoenix • • • 851 1 2
19 12 Brian Crawford Wells Fargo Advisors Tucson • • • • 1,325 2 4
20 23 Nayan Ranchhod Ameriprise Financial Scottsdale • • • 549 1 4
21 N Jennifer Hersh Merrill Lynch Wealth Mgmt Scottsdale • • • 550 2 5
22 22 Daniel Marting Morgan Stanley Wealth Mgmt Phoenix • • • 714 5 25
23 24 Steve Rabin Ameriprise Financial Gilbert • • • 743 1.5 3
24 21 Mitchell Stillman Wells Fargo Advisors Scottsdale • • • 1,350 0.5 3
25 28 Adam Brooks ABLE Financial Group Scottsdale • • • • 545 0.9 3.5
26 25 Jane Rojas Morgan Stanley Wealth Mgmt Tucson • • • 603 3.5 5
27 29 Scot Benefiel Merrill Lynch Wealth Mgmt Scottsdale • • • 461 5 10
28 30 Charles Pisoni RBC Wealth Mgmt Scottsdale • • • 455 2 4.1
29 N Matthew Gimmelli Morgan Stanley Wealth Mgmt Scottsdale • • • • 1,405 4 7
30 N Teri Kelley Morgan Stanley Wealth Mgmt Scottsdale • • • • 1,405 4 7

ARK ANSAS
1 1 Joseph Small Ameriprise Financial Little Rock • • $560 $0.7 $1
2 2 Hardy Winburn UBS Wealth Mgmt Little Rock • • • 2,140 3 5
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3 N Joseph Young Merrill Lynch Wealth Mgmt Jonesboro • • • 592 5 7.5

4 3 John Engskov Merrill Lynch Wealth Mgmt Little Rock • • • 2,303 10 15
5 4 Douglas Jackson Merrill Lynch Wealth Mgmt Little Rock • • • 2,303 10 15
6 6 Robby Bader Raymond James Springdale • • • • 715 3.5 5

CALIFORNIA
1 1 Gregory Vaughan Morgan Stanley PWM Menlo Park • • • • $36,237 $75 $150
• • • •
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

2 2 Mark T. Curtis Graystone Consulting | Morgan Stanley Palo Alto 187,533 5 25

3 11 Spuds Powell Kayne Anderson Rudnick Inv. Mgmt Los Angeles • • 45,190 11 25
4 4 Karen McDonald Morgan Stanley Wealth Mgmt Palo Alto • • • • 182,074 3 10
5 3 Andy Chase Morgan Stanley PWM Menlo Park • • • 19,567 35 50
6 6 Troy Griepp Morgan Stanley PWM San Francisco • • • • 17,081 30 50
7 10 Francis X. Malone Morgan Stanley PWM Los Angeles • • 63,356 25 50
8 5 Mark Douglass Morgan Stanley PWM Menlo Park • • • • 35,993 75 150
9 12 Dorian McKelvy Morgan Stanley PWM Menlo Park • • • • 8,452 8 15
10 14 Jon Neuhaus Morgan Stanley PWM Los Angeles • • 63,356 25 75
11 9 Drew Zager Morgan Stanley PWM Los Angeles • • 12,815 80 150
12 13 Alan Whitman Morgan Stanley Wealth Mgmt Pasadena • • • 3,009 5 17
13 15 Drew Freides UBS PWM Los Angeles • • • 9,600 35 50
14 17 Shane Brisbin Morgan Stanley PWM San Francisco • • 6,726 50 75
15 18 Richard Jones Merrill PWM Los Angeles • • • 22,151 50 75
16 16 Eric Gray Merrill PWM Los Angeles • • 29,289 50 80
17 N David Hou Evoke Advisors Los Angeles • • 3,647 30 50
18 29 Matthew Babrick First Republic Investment Mgmt Los Angeles • • • • 5,162 50 80
19 23 Craig Chiate UBS PWM Century City • 7,113 35 50
20 37 Michael Breen Merrill PWM San Francisco • • • 12,620 25 50
21 24 Dana Jackson Morgan Stanley Wealth Mgmt Menlo Park • • • • 20,419 25 50
22 36 Jesse Bromberg Morgan Stanley Wealth Mgmt San Francisco • • • 2,182 8 13
23 33 Chris Clifford UBS PWM San Francisco • 2,042 25 50
24 22 Ned Gibbons Morgan Stanley PWM Menlo Park • • 3,801 40 50
25 25 Laila Pence Pence Wealth Mgmt Newport Beach • • • 2,681 2.5 5
26 31 Brian Sharpes Graystone Consulting | Morgan Stanley Walnut Creek • 7,600 80 170
27 34 Tom Palecek Summit Trail Advisors San Francisco • • • 3,043 43 75
28 30 Michael Kanigher UBS PWM Los Angeles • • 9,600 35 50
29 21 Rich Petit Morgan Stanley PWM Menlo Park • • • 11,793 25 50
 S20 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

30 19 Tim Emanuels Morgan Stanley PWM San Francisco • • • $11,793 $25 $50
31 32 Elaine Meyers J.P. Morgan Wealth Mgmt San Francisco • • 4,809 45 100
32 42 Randy Peterson First Republic Investment Mgmt San Francisco • • • 2,694 15 40
33 35 Jim Berliner Westmount Asset Mgmt Los Angeles • • • 4,519 5 12
34 61 Brian Firring Wells Fargo Advisors Beverly Hills • • 14,500 25 100
35 38 Lisa Detanna Raymond James Beverly Hills • • • • 3,860 7 15
36 41 Gerard Zell Morgan Stanley PWM Menlo Park • • 3,801 40 60
37 50 Karl Wolfslau Morgan Stanley Wealth Mgmt Long Beach • • 1,939 1.1 3
38 54 Seth Haye Morgan Stanley Wealth Mgmt Westlake Village • • • 1,583 4 7
39 51 John Shadden Morgan Stanley PWM Long Beach • • • • • 4,149 7 20
40 43 John Cardente Merrill PWM San Francisco • • 19,028 200 750
41 40 Gabriel Jay UBS PWM Walnut Creek • • • • 1,977 5 7
42 53 Michael Baumer Morgan Stanley PWM San Francisco • • 6,563 50 75
43 8 Mark Schulten TSG Wealth Mgmt Long Beach • • • • • • 4,978 3 7
44 52 L. Greg Fullmer Morgan Stanley PWM Los Angeles • 1,445 25 75
45 46 James Greenfield Morgan Stanley PWM San Francisco • • • 2,462 15 30
46 58 Steven Levine First Republic Investment Mgmt Los Angeles • • • • • 2,329 25 50
47 56 Richard Gordon First Republic Investment Mgmt San Francisco • • • 2,811 20 45
48 62 Hugh Beecher First Republic Investment Mgmt San Francisco • • 2,811 20 40
49 20 Texas Bruce Munster Merrill PWM Los Angeles • • • 2,650 50 100
50 44 Sean Yu Morgan Stanley PWM Pasadena • • 1,671 12 70
51 49 Jack Wong Morgan Stanley Wealth Mgmt Mountain View • • • 1,522 10 15
52 68 Mike Burbank Morgan Stanley PWM San Francisco • • 2,184 35 90
53 67 Philippe Hartl Merrill PWM Los Angeles • • 7,041 35 100
54 N Scott McEwan Morgan Stanley Wealth Mgmt Newport Beach • • • • • 5,312 5 25
55 39 Darren Edwards Morgan Stanley PWM Los Angeles • • • 1,952 25 50
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56 108 Thomas Van Dyck RBC Wealth Mgmt San Francisco • • • • 2,758 20 25
57 89 Sam Schoner First Republic Investment Mgmt San Francisco • • • 2,782 5 10
58 81 Tracey Gluck J.P. Morgan Wealth Mgmt Los Angeles • • 1,791 10 20
59 72 Jeffrey Traum Morgan Stanley PWM Menlo Park • • • 3,033 20 50
60 69 Darren Pfefferman Morgan Stanley PWM San Diego • • • 2,229 12 30
61 N Dale Reed Merrill PWM Los Angeles • • 3,145 100 200
62 75 George Papadoyannis Ameriprise Financial San Mateo • • 4,000 2.5 6.5
63 70 Debbie Jorgensen Merrill Lynch Wealth Mgmt San Francisco • • 2,024 25 55
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

64 60 Chad Evans Morgan Stanley Wealth Mgmt Newport Beach • • 11,499 150 500
65 N Alex Shahidi Evoke Advisors Los Angeles • • • • 13,447 20 25
66 79 James Klein Morgan Stanley PWM Los Angeles • • • 4,202 15 25
67 66 Andrew Basch Morgan Stanley PWM Los Angeles • • • 3,760 10 20
68 N Colin Higgins Summitry Foster City • • 1,921 1.6 10
69 71 Ryan McClellan UBS PWM Los Angeles • • 31,694 30 50
70 63 Lisa Reed Neuberger Berman Los Angeles • • 1,030 7.1 10
71 77 James Demmert Main Street Research Sausalito • • • • 1,632 6 30
72 78 Carolyn Taylor Weatherly Asset Mgmt Del Mar • • • 966 2.6 3.8
73 N Steven Minkoff Ameriprise Financial San Francisco • • 1,029 1 7
74 80 Steven Soja First Republic Investment Mgmt San Francisco • • • 1,425 10 15
75 64 Greg Onken J.P. Morgan Wealth Mgmt San Francisco • • • 2,633 20 32
76 116 Tony daRoza Merrill PWM San Francisco • • 2,126 25 40
77 65 Gail Reid Ameriprise Financial Glendale • • • 1,694 3 5
78 N Andrew Palmer Evoke Advisors Los Angeles • • 2,444 20 25
79 105 Aric Zamel UBS PWM Beverly Hills • • • • 2,026 10 20
80 87 Philip Walters Wells Fargo Advisors Beverly Hills • • • • 5,071 10 50
81 86 Robert Daly Morgan Stanley PWM Los Angeles • • • 1,191 14 25
82 74 William Wheatley Merrill Lynch Wealth Mgmt Newport Beach • • • 1,081 3 4
83 57 Anthony Jones Morgan Stanley PWM San Francisco • • • • 10,980 30 50
84 N Laura Ward First Republic Investment Mgmt San Francisco • • • • 1,944 5 10
85 88 Adam S. Goldstein Ameriprise Financial Calabasas • • • 1,884 1 3.5
86 73 Grant Lee Morgan Stanley PWM San Francisco • • 3,338 15 25
87 102 Micah Scheinberg Alex. Brown | Raymond James Century City • • 2,250 17.5 50
88 94 Anouchka Balog Morgan Stanley Wealth Mgmt Laguna Niguel • • • 931 5 10
89 96 Sean Bricmont First Republic Investment Mgmt San Francisco • • 1,244 14.5 25
90 45 Tripp Taylor Neuberger Berman San Francisco • • • • 1,496 30 50
 March 13, 2023 BARRON’S S21

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

91 93 Justin Vaicek Merrill PWM Newport Beach • • • $2,074 $25 $50

92 99 Matthew Sheehan Morgan Stanley PWM Menlo Park • • 3,112 5 25
93 N Mark Sear Evoke Advisors Los Angeles • • 1,557 30 50
94 N Victoria Bailey Morgan Stanley PWM Menlo Park • • • 3,982 50 150
95 N Jennifer Garcia Wells Fargo Advisors Encino • • 1,563 12 25
96 98 John Acker UBS Wealth Mgmt Los Angeles • • • 1,721 5 10
97 84 Brian Lewis Morgan Stanley PWM Orinda • • 1,126 10 25
98 95 Mark Hebner Index Fund Advisors Irvine • • • 1,332 3.3 3.3
99 76 Brett Berry First Republic Investment Mgmt Menlo Park • • • • 1,134 10 25
100 112 Vivek Thoppay Merrill Lynch Wealth Mgmt San Jose • • 835 5 10
101 101 Alma Guimarin Morgan Stanley Wealth Mgmt San Jose • • • 1,271 3 15
102 97 Michael Allard CalBay Investments Danville • • • 941 1.4 4.5
103 N Pedro Marti Rockefeller Capital Mgmt Los Angeles • • 1,199 5 75
104 91 Marcus Tanimoto Merrill Lynch Wealth Mgmt Los Angeles • • • • • • 6,601 5 15
105 115 Mark Udis Camden Capital Manhattan Beach • • 3,594 50 50
106 118 Matthew Gallo Merrill Lynch Wealth Mgmt Walnut Creek • • • 986 1.7 4
107 103 Brannan Vaughan Morgan Stanley Wealth Mgmt Menlo Park • • • • 3,088 8 50
108 N Catherine Evans First Republic Investment Mgmt San Francisco • • • 1,055 10 25
109 N Braydon Hamilton UBS PWM La Jolla • • • 1,397 10 20
110 100 Sonny Kothari Merrill Lynch Wealth Mgmt Brea • • • 1,192 3 5.5
111 90 Jonathan Usich Morgan Stanley PWM San Francisco • • • 4,156 50 150
112 109 Emily Bach Morgan Stanley Wealth Mgmt Orinda • • • 1,194 3.5 7
113 114 Courtney Liddy UBS Wealth Mgmt San Diego • • • • 1,253 6 10
114 111 David Jasper UBS PWM San Francisco • • • 1,874 50 50
115 113 Michael Evans UBS PWM San Francisco • • • 1,874 50 50
116 N Michael McGee Morgan Stanley Wealth Mgmt San Francisco • • 1,635 15 30
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

117 N Jason Hayes Merrill Lynch Wealth Mgmt San Francisco • • • • 1,107 10 15
118 117 Daniel Murphy Morgan Stanley Wealth Mgmt Menlo Park • • • 68,483 5 10
119 119 David Arizini First Republic Investment Mgmt Menlo Park • • 13,015 20 50
120 110 Ronald Hegardt Merrill Lynch Wealth Mgmt Rancho Santa Fe • • • 1,581 10 25

COLOR ADO
1 1 Shawn Fowler Morgan Stanley PWM Denver • $12,435 $45 $95
2 2 Jonathan Beukelman UBS PWM Denver • • • • 4,900 8 15
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

3 3 Max Bull Morgan Stanley PWM Denver • 12,435 45 95

4 4 Wally Obermeyer Obermeyer Wood Investment Counsel Aspen • • • 1,900 5 20
5 9 Scott Thisted Merrill PWM Denver • • 3,739 15 17.5
6 5 Melissa Corrado-Harrison UBS PWM Denver • • 1,305 45 65
7 6 Donna Di Ianni Merrill Lynch Wealth Mgmt Aspen • • • 1,774 20 40
8 10 Scott Sparks Sparks Financial Denver • • • 1,029 3 10
9 N Joseph Brienza UBS PWM Denver • • • • 2,325 45 100
10 N Jamie Henkel Morgan Stanley PWM Denver • 1,646 20 50
11 12 Joseph Janiczek Janiczek Wealth Mgmt Denver • • • 887 4 7
12 11 Gary Cooper UBS Wealth Mgmt Denver • • 2,067 10 25
13 18 Ali Flynn Phillips Obermeyer Wood Investment Counsel Aspen • • • 1,900 5 20
14 14 Mark Brown Brown & Company Denver • • 614 7 15
15 N Frank Caccavallo Wells Fargo Advisors Boulder • • • 1,100 2.5 8
16 16 Drew Lautrup Merrill Lynch Wealth Mgmt Denver • • • 787 7.5 10
17 15 Brad Bickham Colorado Financial Mgmt Boulder • • • • 1,812 2 3
18 13 David Surofchek Morgan Stanley Wealth Mgmt Colorado Springs • • • 1,647 3 5

CONNECTICUT
1 1 Jeff Erdmann Merrill PWM Greenwich • $11,164 $40 $60
2 3 William Greco UBS Wealth Mgmt Hartford • • • 4,518 8 10
3 4 Brian Hetherington Merrill PWM New Canaan • • 3,709 35 40
4 10 Peter Chieco Morgan Stanley Wealth Mgmt Greenwich • • • 2,960 7 15
5 7 Thomas Frame Morgan Stanley PWM Greenwich • • 1,749 8 15
6 11 Matthew Somberg Gottfried & Somberg Wealth Mgmt Glastonbury • • • • • • 1,750 3 5
7 5 Harold Trischman Morgan Stanley Wealth Mgmt Greenwich • • • • • • 2,634 5 15
8 8 Bryan Stepanian Alex. Brown | Raymond James Greenwich • • • 3,100 100 150
9 12 Thomas Vacheron Merrill PWM Fairfield • • 2,063 10 20
 S22 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

10 6 Rob Giannetti Merrill PWM Greenwich • • • • $11,164 $40 $60

11 13 Charles J. Noble III Janney Montgomery Scott New Haven • • • 1,169 6 12
12 9 Ken Steeves Creative Planning Orange • • • 1,411 3 25
13 17 Robert Paolucci Principle Wealth Partners Madison • • 2,000 6 8
14 14 Jeffrey Corliss RDM Financial Group | Hightower Westport • • • 913 3.5 7
15 27 Vincent Mancuso Morgan Stanley Wealth Mgmt Greenwich • • • 2,949 7 15
16 15 Richard T. Goodwin Merrill Lynch Wealth Mgmt Guilford • • 4,454 7 8
17 25 Teresa Jacobsen UBS PWM Stamford • • • • • 1,344 10 25
18 21 Thomas Hutchison Merrill Lynch Wealth Mgmt New Haven • • • 1,899 3 5
19 18 Jason Cerniglia Ameriprise Financial Mystic • • • 1,250 1.5 4
20 19 Matthew Lasko UBS PWM Stamford • • • 7,385 15 30
21 24 Joshua Kampf Merrill Lynch Wealth Mgmt New Haven • • • 1,899 3 5
22 26 Jon Newman Ameriprise Financial Greenwich • • • 520 2 10
23 20 Thomas Mantione UBS PWM Stamford • • 2,360 25 40
24 22 John Goodwin Morgan Stanley PWM Stamford • • • 2,437 40 75
25 28 Kevin Leahy Connecticut Wealth Mgmt Farmington • • • 1,974 2.5 5
26 29 Chris Jewell Wells Fargo Advisors Greenwich • • • • 2,000 10 15
27 N Will Gourd UBS PWM Stamford • • • 2,699 25 40
28 23 David Goodwin Merrill Lynch Wealth Mgmt Hartford • • • 4,454 6.5 10
29 30 Chad Czerwinski UBS Wealth Mgmt Hartford • • • 1,919 7 20
30 33 Andrew Shantz UBS PWM Stamford • • 2,360 25 40
31 32 Matthew Wunder Northwestern Mutual Westport • • • 702 0.6 0.9
32 31 Glenn Feigin Merrill Lynch Wealth Mgmt Greenwich • • • 894 1 5
33 34 Andrew Worthington UBS Wealth Mgmt Hartford • • • 1,793 5 7
34 N James Betzig TrinityPoint Wealth Milford • • • • 1,144 2.8 6
35 N Ashley Martella UBS Wealth Mgmt Hartford • • • 1,793 5 7
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

36 N Elizabeth Angelone Merrill Lynch Wealth Mgmt Greenwich • • • 1,288 6.3 8.1

DISTRICT OF COLUMBIA
1 1 Marvin McIntyre Morgan Stanley PWM Washington • • • • • $4,839 $8 $25
2 2 John M. Williams Morgan Stanley PWM Washington • • • • 3,647 20 35
3 N Jonathan Legg Morgan Stanley Wealth Mgmt Washington • • 1,906 75 100
4 3 Michael O'Neill Morgan Stanley PWM Washington • • 2,860 20 30
5 9 Brett Anthony Morgan Stanley Wealth Mgmt Washington • • • • 6,803 10 20
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

6 5 Keith Apton UBS Wealth Mgmt Washington • • 3,183 10 25

7 17 Barry Haffner UBS Wealth Mgmt Washington • • 3,473 5 7.5
8 4 James Wohlgemuth Morgan Stanley PWM Washington • • 999 15 25
9 6 John McKnight Merrill Lynch Wealth Mgmt Washington • • 2,468 5 8
10 11 Gregory Marcus UBS PWM Washington • • 2,140 50 75
11 13 Nick Francia UBS Wealth Mgmt Washington • • 3,183 10 25
12 7 James New UBS PWM Washington • • 2,911 15 25
13 8 Tom Rietano Merrill PWM Washington • • 2,312 25 25
14 18 H.L. McLaughlin III Morgan Stanley Wealth Mgmt Washington • • • • 6,803 10 20
15 21 Richard Harris Alex. Brown | Raymond James Washington • • • • • 3,400 7.5 25
16 16 Jason Goldstein Raymond James Washington • • • • 4,050 30 50
17 N Dexter Walker Morgan Stanley PWM Washington • • 2,592 15 25
18 14 Frederick Shreves Wells Fargo Advisors Washington • • • • • • 3,500 4 7
19 N Rod von Lipsey UBS PWM Washington • • 1,223 15 25
20 15 William Finnerty UBS PWM Washington • • 2,140 20 30
21 10 Michael Freiman Morgan Stanley Wealth Mgmt Washington • • • 1,872 1 3
22 N Donald Caron Jr. Morgan Stanley Wealth Mgmt Washington • • • 1,106 7.5 10
23 23 Theodore Hart Morgan Stanley Wealth Mgmt Washington • • • 978 5 10
24 N Robert Allred UBS Wealth Mgmt Washington • • • 1,035 3 5

DEL AWARE
1 1 Kimberlee Orth Ameriprise Financial Wilmington • • • $2,334 $6.7 $16.1
2 6 Thomas Weisenfels Merrill Lynch Wealth Mgmt Wilmington • • • 622 1.3 2.3
3 N Donald DeWees Jr. Wells Fargo Advisors Greenville • • • 1,132 4 7
4 3 Thomas Rice Merrill Lynch Wealth Mgmt Wilmington • • • 1,368 3.5 7
5 5 Peni Warren Merrill Lynch Wealth Mgmt Dover • • • 702 1.5 2
6 N David Plaza Merrill Lynch Wealth Mgmt Wilmington • • • • 510 3 5
 March 13, 2023 BARRON’S S23

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

FLORIDA
1 1 Brian Pfeifler Morgan Stanley PWM Palm Beach • • • $12,400 $75 $100
2 2 Scott Siegel Morgan Stanley Wealth Mgmt Boca Raton • • • 6,981 20 50
3 4 Kevin Peters Morgan Stanley Wealth Mgmt Palm Beach • • 7,401 16.4 40
4 3 Deborah Montaperto Morgan Stanley PWM Palm Beach • 29,154 100 150
5 6 Adam Carlin Morgan Stanley PWM Coral Gables • • 3,053 17.5 25
6 7 John Elwaw Morgan Stanley Wealth Mgmt Miami • • • 2,981 5 25
7 9 Salvatore Tiano First Republic Investment Mgmt Jupiter • • 3,047 15 35
8 14 Dominic Casanueva Merrill Lynch Wealth Mgmt Lakewood Ranch • • • • 8,365 1.5 3
9 40 N.Y. Andrew Sukhin Morgan Stanley PWM Aventura • • • 2,629 25 75
10 18 Michael Bober UBS PWM Boca Raton • • 2,674 15 30
10 18 Ed Ventrice UBS PWM Boca Raton • • 2,674 15 30
12 21 Peter Bermont Raymond James Coral Gables • • • • • 3,012 10 30
13 N Andrew Vahab First Republic Investment Mgmt Boca Raton • • 2,916 12.5 24
14 16 Roy Apple J.P. Morgan Wealth Mgmt Palm Beach Gardens • • 2,492 9 20
15 N Sean Fetterman Morgan Stanley Wealth Mgmt Boca Raton • • 1,801 20 30
16 17 Joseph Matina UBS PWM Naples • • 1,845 10 25
17 33 Michelle Mayer Merrill PWM Naples • • 2,024 40 75
18 24 Linda Stephans Graystone Consulting | Morgan Stanley Palm Beach • • • • 8,726 150 100
19 28 Mark Thorndyke Merrill Lynch Wealth Mgmt Naples • • • 2,080 7 15
20 22 Jason Stephens UBS PWM Naples • • 1,644 15 25
21 25 Don d'Adesky Raymond James Boca Raton • • • • 5,023 25 50
22 26 Margaret Starner Raymond James Coral Gables • • 1,309 4 6
23 23 Rod Aronson Morgan Stanley PWM Palm Beach • • • • 2,669 25 35
24 34 Trevor Fried Morgan Stanley Wealth Mgmt Fort Lauderdale • • • 1,153 3 5
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

25 27 James McLaughlin Princeton Wealth | Raymond James Vero Beach • • • 2,181 3 5

26 42 Manish Mehta UBS PWM Winter Park • • • 2,309 5 7
27 4 N.J. Mary Deatherage Morgan Stanley PWM Coral Gables • • • 1,707 10 20
28 82 N.Y. Marc Fischer Graystone Consulting | Morgan Stanley Naples • • • • • • 4,069 45 45
29 39 Andrew Schultz Morgan Stanley PWM Miami Beach • • 973 12.5 100
30 29 Michael McCain Wells Fargo Advisors Naples • • • 2,691 20 30
31 37 Douglas Braff UBS PWM West Palm Beach • • • • 10,072 5 10
32 32 Todd Moll Provenance Wealth Advisors Fort Lauderdale • • • • • 4,300 25 35
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

33 30 Keith Rowling Merrill Lynch Wealth Mgmt Palm Beach • • • 1,444 10 25

34 46 Eric Glasband RBC Wealth Mgmt Boca Raton • • 1,215 8.5 15
35 8 Louis Chiavacci Merrill PWM Coral Gables • 3,024 50 75
36 10 John Olson Merrill Lynch Wealth Mgmt Palm Beach • • • 2,039 8 15
37 40 Scott Pinkerton FourThought Private Wealth Venice • • • • • 1,338 5 15
38 N Michael Beckerman Merrill PWM Coral Gables • • 3,024 50 75
39 45 Randy Hallier Creative Planning St. Petersburg • • • 1,105 1.8 5
40 41 Louise Armour J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • 1,256 13 20
41 71 Paul Wood Raymond James Orlando • • • 1,553 0.8 1.6
42 38 Jose Cabrera Raymond James Coral Gables • • • • 5,023 25 50
43 62 Eric Applewhite Morgan Stanley Wealth Mgmt Boca Raton • • • 2,816 2 5
44 57 Nick Sadowsky UBS PWM Boca Raton • • 3,806 40 100
45 50 William Merriam Merrill Lynch Wealth Mgmt Jacksonville • • • • • • 1,231 2 5
46 33 Ill. JR Gondeck The Lerner Group | Hightower Boca Raton • • • 1,500 5 10
47 48 Adam Palmer Graystone Consulting | Morgan Stanley Tampa • • • • • • 8,042 9 12
48 47 Thomas Ruggie Ruggie Wealth Mgmt Tavares • • • 915 1.5 3
49 67 Christopher Aitken UBS PWM Ponte Vedra Beach • • 1,009 25 50
50 63 Jeff Hausinger All Seasons Wealth Tampa • • • 811 1.2 3
51 N Scott Owens Graystone Consulting | Morgan Stanley Tampa • • • • 8,047 9 11
52 60 Thais Piotrowski Ameriprise Financial Boca Raton • • • 1,056 0.8 2
53 66 Gregory O'Hare Merrill PWM Palm Beach Gardens • • 1,132 25 40
54 56 Gregory Pollock Merrill Lynch Wealth Mgmt Rockledge • • • 2,659 4 5
55 N Bobby Kolev Morgan Stanley Wealth Mgmt Aventura • • • • 6,943 50 100
56 49 Jeremy Ruccio Merrill PWM Miami • • 1,380 100 250
57 55 Robert Dwyer Merrill Lynch Wealth Mgmt Punta Gorda • • • • 8,365 3 5
58 53 Aimee Cogan Morgan Stanley Wealth Mgmt Sarasota • • • • 1,324 10 20
59 51 Chris Garvin UBS Wealth Mgmt Fort Lauderdale • • • 1,433 2.5 5.5
60 72 Andrew Plum UBS Wealth Mgmt West Palm Beach • • 787 15 25
 S24 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

61 N Saroj Kasturi Ameriprise Financial Palm Coast • • • $1,139 $0.4 $0.8

62 N Mark Donohue J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • • 1,040 10 25
63 58 Kevin Johnson Morgan Stanley PWM Naples • • • 1,369 35 50
64 77 Michael Silver Baron Silver Stevens Financial Adv. Boca Raton • • • • • 806 1.5 4
65 61 Steven Wagner Omnia Family Wealth Aventura • • 2,200 30 50
66 80 Shon Flaharty Flaharty Asset Mgmt Clearwater • • • • 862 0.7 5
67 52 Trent Leyda Morgan Stanley Wealth Mgmt Vero Beach • • • • 1,286 10 25
68 54 Kurt Sylvia J.P. Morgan Wealth Mgmt Palm Beach Gardens • • • 1,783 15 45
69 75 George Perez GenTrust Miami • • 2,759 10 10
70 N Joel Manings Merrill Lynch Wealth Mgmt St. Petersburg • • • 801 1.9 2.5
71 N David Barcomb Merrill Lynch Wealth Mgmt Sarasota • • • • • • 1,068 5 10
72 65 Rachel Barzilay Merrill Lynch Wealth Mgmt Boca Raton • • • 1,159 6 10
73 N Douglas Simon Raymond James Palm Beach Gardens • • 827 11.6 14.5
74 74 Erick Ellsweig Merrill Lynch Wealth Mgmt West Palm Beach • • 2,013 4 7
75 81 Michael Romanchuk Merrill Lynch Wealth Mgmt Miami • • • 1,376 12 25
76 68 William LaPato Merrill Lynch Wealth Mgmt Boca Raton • • • 723 5 8
77 N Kevin Hammer Merrill Lynch Wealth Mgmt Delray Beach • • • 1,189 4 7
78 69 Daryn Pingleton Merrill Lynch Wealth Mgmt West Palm Beach • • • 1,220 3 4
79 73 Matthew Lytell Riverwalk Wealth | Northwestern Mut. Tampa • • • 1,115 2.5 6
80 76 Stephen Ruvituso Merrill Lynch Wealth Mgmt Palm Beach Gardens • • 1,041 6 35
81 84 Lucas Haber Merrill Lynch Wealth Mgmt Daytona Beach • • • 571 2.5 3.5
82 70 Janet Franco Gordon Morgan Stanley Wealth Mgmt Coral Gables • • • 840 7.5 18
83 78 Adam Gurien Merrill Lynch Wealth Mgmt Palm Beach Gardens • • • • • 663 4 7
84 N Robert Correll Morgan Stanley Wealth Mgmt Stuart • • • 878 7.5 12

GEORGIA
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

1 2 Rod Westmoreland Merrill PWM Atlanta • • $4,034 $25 $50

2 1 James Hansberger Morgan Stanley PWM Atlanta • • • • 2,700 25 50
3 4 Robert Balentine Balentine Atlanta • • • • 5,172 20.1 25
4 3 Brian Frank Morgan Stanley PWM Atlanta • • 2,345 5 20
5 6 Craig Savage William Blair Atlanta • • • • 6,367 20 30
6 N David Higgins Rockefeller Capital Mgmt Atlanta • • 1,661 65.4 100
7 5 Andrew Harbour Morgan Stanley Wealth Mgmt Atlanta • • • • • 10,367 5 10
8 11 Justin Ryan Rockefeller Capital Mgmt Atlanta • • 1,743 50 125
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

9 8 Michael Merlin Rockefeller Capital Mgmt Atlanta • • 1,646 10 25

10 13 Leslie Lauer UBS PWM Atlanta • • • 4,864 25 60
11 12 Buck Wiley III Merrill PWM Atlanta • • • • 2,667 20 25
12 22 Donna Joyner Merrill Lynch Wealth Mgmt Alpharetta • • 1,235 15 25
13 14 Saul Levy Morgan Stanley Wealth Mgmt Atlanta • • 2,127 14 20
14 17 Michael Hines Consolidated Planning Corporation Atlanta • • • 898 2.5 4
15 24 Ryan Smith Northwestern Mutual Atlanta • • • 953 2.5 5
16 15 Bert Ponder Merrill PWM Atlanta • • • • 2,052 15 35
17 23 Al Parker Morgan Stanley PWM Atlanta • • 1,825 75 100
18 28 Todd Urowsky UBS Wealth Mgmt Atlanta • • • 2,975 10 15
19 27 Graham Roberts Morgan Stanley Wealth Mgmt Atlanta • • • • 2,050 5 15
20 29 Rebecca Glasgow UBS PWM Atlanta • • • 4,864 25 60
21 21 David Skid Morgan Stanley Wealth Mgmt Atlanta • • • 1,463 5 10
22 N Kevin Higginbotham Merrill Lynch Wealth Mgmt Atlanta • • • • • • 94,430 11 20
23 16 Jay Jowers Merrill PWM Atlanta • 2,052 30 35
24 20 David Mack Merrill Lynch Wealth Mgmt Atlanta • • • • • • 94,430 20 35
25 N Jon LeDoyen UBS PWM Atlanta • • • • 1,499 30 40
26 30 Thomas Epperson Rockefeller Capital Mgmt Atlanta • • 1,067 25 50
27 26 Andy Zager UBS Wealth Mgmt Atlanta • • • 2,140 4 5
28 N Bill Pahl UBS Wealth Mgmt Atlanta • • • 2,140 10 15
29 9 Wes Moss Capital Investment Advisors Atlanta • • 3,874 1.5 2.5
30 N James Easterling Morgan Stanley Wealth Mgmt Atlanta • • • • 1,424 5 10

HAWAII
1 5 Matthew Megorden UBS Wealth Mgmt Honolulu • • • $833 $3 $7
2 2 Wang Kar Lee Morgan Stanley Wealth Mgmt Honolulu • • • • • • 1,420 1.5 4
3 4 Peter Backus Morgan Stanley Wealth Mgmt Honolulu • • • • • 1,749 3 5
 March 13, 2023 BARRON’S S25

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

4 N Alan Kodama Pacstar Financial Group Honolulu • $423 $0.3 $1.5

5 3 James Bennett Morgan Stanley Wealth Mgmt Honolulu • • • 1,444 1.8 4
6 6 Robert Saracco Merrill Lynch Wealth Mgmt Honolulu • • • 388 3 7

IDAHO
1 21 Wash. Dale Miller Morgan Stanley Wealth Mgmt Coeur d’Alene • • $2,455 $12.4 $15
2 1 Robert Brian King RBC Wealth Mgmt Eagle • • 856 5 10
3 3 Sandra Dalton UBS Wealth Mgmt Boise • • • • 954 4 10
4 2 Bruce Davidson Wells Fargo Advisors Boise • • • • 888 5 20
5 5 Justin Samples Ameriprise Financial Boise • • • • 959 1 1.9
6 4 Uwe Ruttke Merrill Lynch Wealth Mgmt Boise • • • 920 4.5 9

ILLINOIS
1 1 John Cultra William Blair Chicago • • $4,283 $18 $28
2 2 Thomas Wilson William Blair Chicago • • • 5,323 15 25
3 4 Paul Tashima UBS Wealth Mgmt Chicago • • 34,051 100 500
4 3 Steven Hefter HLM Capital Mgmt Group Highland Park • • 3,400 12 30
5 11 Brian Hahn Neuberger Berman Chicago • • 2,300 25 25
6 5 David Mabie Chicago Capital Chicago • • • 2,113 3.6 10
7 12 Peter Lee Summit Trail Advisors Chicago • • • 3,282 25 65
8 7 Andrew Griffo Morgan Stanley Wealth Mgmt Chicago • • • • 42,669 10 20
9 10 Raj Bhatia Merrill PWM Chicago • • • • 1,974 15 25
10 N Cameron McKinney William Blair Chicago • • • • 4,912 30 40
11 8 Steve Jesanis William Blair Chicago • • • • • 2,502 6 25
12 N John Cimaroli William Blair Chicago • • • • 4,912 30 40
13 15 James Whitney Graystone Consulting | Morgan Stanley Chicago • • 4,581 50 100
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

14 13 Scott Magnesen Morgan Stanley Wealth Mgmt Oak Brook • • • 4,732 2 3.5
15 N Michael Gallagher Morgan Stanley Wealth Mgmt Chicago • • • • 9,460 4 5
16 14 Carlette McMullan William Blair Chicago • • • • 1,616 5 15
17 17 Daniel Fries Merrill Lynch Wealth Mgmt Chicago • • • 1,446 2 5
18 18 Daniel Grant William Blair Chicago • • 1,880 11 25
19 6 Louise Lane William Blair Chicago • • • • 1,573 4 9
20 20 Kristina Van Liew Graystone Consulting | Morgan Stanley Chicago • • • • 8,726 150 100
21 29 Michael Schaffer Wells Fargo Advisors Deerfield • • • 4,575 15 30
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

22 N David Brown William Blair Chicago • • • 1,112 1 10

23 23 Benjamin Klein Merrill Lynch Wealth Mgmt Northbrook • • • 1,093 5 10
24 22 Matthew Dillig The Dillig Bowen Group | Hightower Northbrook • • • 1,950 35 50
25 24 David Wright Merrill PWM Chicago • • • • 2,719 25 35
26 25 Louis Paster UBS Wealth Mgmt Chicago • • 34,051 90 500
27 40 Ajay Desai UBS PWM Chicago • • • 2,603 20 50
28 21 Kathleen Roeser Morgan Stanley Wealth Mgmt Chicago • • • • 1,716 10 18
29 27 Sharon Oberlander Merrill Lynch Wealth Mgmt Chicago • • • 1,667 5 12
30 N Patrick Baldwin Merrill PWM Chicago • • 5,558 25 35
31 35 Jay Maltby UBS PWM Chicago • • 3,180 10 15
32 N Michael Marcovici Merrill PWM Chicago • • 5,558 25 35
33 N Mike Covey Merrill PWM Chicago • 6,482 35 75
34 26 Brad DeHond Morgan Stanley PWM Chicago • • • • • 2,723 40 50
35 N Thomas Kane Merrill PWM Chicago • 6,482 35 75
36 N Mark Birringer Alex. Brown | Raymond James Chicago • • 4,285 25 40
37 37 Michael Sakach Graystone Consulting | Morgan Stanley Chicago • • 4,586 50 100
38 36 David Wilkinson Morgan Stanley PWM Chicago • • 1,073 35 40
39 39 Michael Cohen Morgan Stanley Wealth Mgmt Chicago • • 1,761 1 2
40 38 Brian Marshall William Blair Chicago • • • • 800 3 5
41 34 Ted Davis Morgan Stanley Wealth Mgmt Chicago • • 916 2.5 3
42 32 Joseph Kartheiser Morgan Stanley Wealth Mgmt Chicago • • • 2,359 10 15
43 N Tony Hoban William Blair Chicago • • 1,424 20 100
44 46 Kevin Lynch Morgan Stanley PWM Chicago • • 1,278 52 65
45 48 Thomas Marx William Blair Chicago • • • • 1,101 6 12
46 47 Bruce Becker Morgan Stanley Wealth Mgmt Chicago • • 1,269 8 25
47 28 Russell McLean McLean Wealth Mgmt | Wells Fargo Oak Brook • • • 1,205 3 6
48 45 Brian Speers Merrill Lynch Wealth Mgmt Oak Brook • • • 1,221 3.5 5
 S26 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

49 50 Jason Beckwith Merrill Lynch Wealth Mgmt Chicago • • • $1,106 $4 $7.5

50 N Douglas Mabie Baird Chicago • • • 894 7 10
51 41 Tom Kilborn Merrill Lynch Wealth Mgmt Northbrook • • • 1,109 5 8
52 42 John Stevenson Jr. Wells Fargo Advisors Quincy • • • • • 1,520 2 3
53 43 Robert Siracusano Wells Fargo Adv. Financial Network Naperville • • • 700 3.5 4
54 51 Sean Lannan Morgan Stanley Wealth Mgmt Chicago • • • 3,219 2.5 3
55 56 Dan Hoffmann Morgan Stanley Wealth Mgmt Chicago • • 3,219 2 3
56 44 James Oberheide Morgan Stanley PWM Chicago • • 2,427 35 68
57 49 John Hammond Merrill Lynch Wealth Mgmt Northbrook • • • 1,158 6 9
58 53 Jacqueline Moss William Blair Chicago • • 946 30 40
59 55 Brett White Ameriprise Financial Oakbrook Terrace • • 1,127 0.7 1.8
60 N Rod Loewenthal UBS Wealth Mgmt Northbrook • • 1,032 5 7

INDIANA
1 2 Wm. Craig Dobbs Graystone Consulting | Morgan Stanley Indianapolis • $33,776 $202.2 $255.6
2 1 John Cate Merrill Lynch Wealth Mgmt Indianapolis • • • 21,295 450 1,000
3 4 Eric Payne Merrill Lynch Wealth Mgmt Indianapolis • • • • • 2,260 4 8
4 5 Martin Gregor Merrill PWM Indianapolis • • • 2,625 30 60
5 3 John Perry Morgan Stanley Wealth Mgmt Indianapolis • • • 1,545 15 25
6 7 Ronald Mencias Merrill Lynch Wealth Mgmt Indianapolis • • • • • 2,260 4 8
7 6 Christopher Moore Ameriprise Financial Fort Wayne • • • 1,126 2 4
8 8 Brian Austin Ameriprise Financial Indianapolis • • 993 1.2 2.1
9 9 Daniel Finley Merrill Lynch Wealth Mgmt Fort Wayne • • • • 1,238 2 5
10 11 Brian Cooke Cooke Financial Group Indianapolis • • • • 2,225 4 7
10 11 Chris Cooke Cooke Financial Group Indianapolis • • • • 2,225 4 7
12 15 Scott Saxe Wells Fargo Advisors Evansville • • • 824 1.3 2
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

13 13 Eric Brunton Merrill Lynch Wealth Mgmt Indianapolis • • • • 13,137 3.2 4.6
14 10 John Schutz Baird Evansville • • 603 0.7 1.7
15 16 K. Gregory Akers Merrill Lynch Wealth Mgmt Indianapolis • • • • 1,355 3 5
16 18 John Duffy Morgan Stanley Wealth Mgmt Indianapolis • • • • 2,387 6 8
17 14 Jonathan Klausner Morgan Stanley Wealth Mgmt Indianapolis • • • • 2,387 6 10
18 17 Kevin McMullen Merrill Lynch Wealth Mgmt Indianapolis • • 646 2.5 2.5

IOWA
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

1 1 Bryan Boesen Morgan Stanley Wealth Mgmt Des Moines • • $1,701 $10 $20
2 2 Matt Fryar Wells Fargo Advisors Clive • • 929 5 6
3 5 Timothy Finucan Edward Jones Webster City • • • 765 1 4
4 4 Jeffrey Brandt Ameriprise Financial Fort Dodge • • 896 1 4
5 6 Eli Wynes United Iowa Financial Iowa City • • • • • 886 0.5 1
6 3 Scott Leibfried Ameriprise Financial Dubuque • • 1,055 0.5 1.8

K ANSAS
1 N Brenna Saunders Creative Planning Overland Park • • $2,420 $26 $100
2 1 Timothy Sutton Creative Planning Overland Park • • • 1,272 2.2 15
3 6 Trey Barnes Mariner Wealth Advisors Overland Park • • • 3,298 2 6
4 4 Scott Ferguson Morgan Stanley Wealth Mgmt Leawood • • • 1,453 4 7
5 N Jake Kern Mariner Wealth Advisors Overland Park • • • 3,298 2 6
6 3 Jay Beebe Creative Planning Overland Park • • • 1,443 3.3 12

KENTUCK Y
1 1 Barry Barlow Merrill Lynch Wealth Mgmt Louisville • • • • • $1,078 $4 $8
2 3 Thomas Perrone Morgan Stanley Wealth Mgmt Louisville • • • • • • 1,410 1.3 1.5
3 2 Travis Musgrave Merrill Lynch Wealth Mgmt Lexington • • • 861 5 8
4 4 William Watson Ameriprise Financial Owensboro • • • 1,667 0.8 2.1
5 6 Mitch Settle Baird Owensboro • • • 799 1 1.8
6 5 Philip McCauley Morgan Stanley Wealth Mgmt Louisville • • • • 1,388 7.5 10
7 N Shannon Vitale Baird Bowling Green • • • 1,707 0.4 1.1
8 8 Douglas Kisker Ameriprise Financial Crestview Hills • • 714 2.3 2.5
9 9 Morgan Fister Morgan Stanley Wealth Mgmt Lexington • • • 1,093 3 5
10 7 Dan Foutch Baird Glasgow • • • • 918 1.1 2.4
11 10 Mark Switow UBS PWM Louisville • • 871 6 24
 March 13, 2023 BARRON’S S27

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

12 N Pamela Thompson Mariner Wealth Advisors Louisville • • $566 $1 $6

LOUISIANA
1 1 Curtis Eustis Merrill PWM New Orleans • • • • $1,555 $10 $27.5
2 2 James Spiro Morgan Stanley Wealth Mgmt New Orleans • • • 2,414 1 5
3 5 Scott Hardie Merrill Lynch Wealth Mgmt New Orleans • • • • 1,081 4 6
4 3 Jacque Kuchta UBS Wealth Mgmt New Orleans • • • 874 3.5 6
5 6 Don Celestin Morgan Stanley Wealth Mgmt Mandeville • • • 944 3.5 10
6 N Travis Frayard UBS PWM Lafayette • • • • • 1,570 1.5 5

MAINE
1 1 Brian Clement RBC Wealth Mgmt Portland • • • $661 $3 $7
2 N Mark Leighton Morgan Stanley Wealth Mgmt Portland • • • 391 1.5 2
3 6 Todd Doolan Morgan Stanley Wealth Mgmt Portland • • • • 431 2.3 3.4
4 3 Jeremiah Burns Morgan Stanley Wealth Mgmt Portland • • • • • 512 7.5 10
5 2 Robertson Breed F.L.Putnam Investment Mgmt Company Portland • • • • • 682 3.3 7
6 5 Melissa Duffy White Pine Wealth Mgmt | Hightower Falmouth • • • • 748 2 3.4

MARYL AND
1 1 Robert Scherer Graystone Consulting | Morgan Stanley Potomac • • • • • $13,678 $25 $25
2 2 Kent Pearce Merrill Lynch Wealth Mgmt Towson • • 2,165 8 15
3 3 Joseph Jacques Jacques Financial Rockville • • 1,615 1.3 3
4 4 Peter Dunne Merrill Lynch Wealth Mgmt Bethesda • • • • • 5,052 50 100
5 5 Jeff Leventhal Hightower Bethesda Bethesda • • • 1,725 4 10
6 N Ted Smith Morgan Stanley PWM Baltimore • • • 2,867 50 75
7 6 E. Geoffrey Sella SPC Financial Rockville • • 1,075 0.8 1.6
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

8 7 Brett Clifford Morgan Stanley PWM Baltimore • • • 3,457 20 30

9 11 Barry Garber Alex. Brown | Raymond James Baltimore • • • 3,783 15 25
10 8 James Meek Graystone Consulting | Morgan Stanley Baltimore • • • • • 3,361 15 30
11 10 Ross Charkatz Graystone Consulting | Morgan Stanley Potomac • • • • • • 13,656 25 25
12 15 Peter Maller Maller Wealth Advisors Hunt Valley • • • 1,067 1.6 7.4
13 13 Thomas Lee Lee, Sipe & Associates Rockville • • • 986 1.9 2.9
14 N Robert Collins Collins Investment Group Bethesda • • • 919 2.4 7
15 N David Giulieri Morgan Stanley Wealth Mgmt Bethesda • • • 1,569 3 10
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

16 12 Gregory Baker Merrill Lynch Wealth Mgmt Bethesda • • • 1,238 1 5

17 16 Nicholas Serenyi Morgan Stanley Wealth Mgmt Rockville • • • • • 2,970 3 5
18 9 Ann Marie Etergino RBC Wealth Mgmt Chevy Chase • • • • • 1,372 10 25
19 17 Richard Wagener Wagener Lee Wealth Advisors Columbia • • • • • 787 2 5
20 21 Adam Rorrer Morgan Stanley Wealth Mgmt Bethesda • • • • • • 1,305 4.2 10
21 N Frank Dingle RBC Wealth Mgmt Hunt Valley • • • 902 2.2 4
22 14 Jonathan Murray UBS Wealth Mgmt Hunt Valley • • • • 783 1 3
23 19 Ryan Bowman Morgan Stanley Wealth Mgmt Rockville • • • • 2,970 3 7
24 20 Michael Riley RBC Wealth Mgmt Rockville • • • 710 2.1 5

MASSACHUSET TS
1 2 Peter Princi Graystone Consulting | Morgan Stanley Boston • • • $8,599 $10 $20
2 N Kevin Grimes Grimes & Company Westborough • • 3,916 3.4 6.9
3 1 Raj Sharma Merrill PWM Boston • • • • • 5,348 15 20
4 4 Devin Condron Morgan Stanley PWM Boston • • 5,103 25 75
5 3 Susan Kaplan Kaplan Financial Services Newton • • 2,319 4 10
6 10 Thomas Bartholomew Bartholomew & Company Worcester • • • 3,634 3 10
7 6 Brian Strachan Morgan Stanley PWM Boston • • • 2,657 10 25
8 8 Victor T. Livingstone Morgan Stanley PWM Boston • • • • • 6,467 25 100
9 5 John Lechner Morgan Stanley PWM Boston • • 6,730 25 100
10 7 Daniel Wilson Ameriprise Financial Auburndale • • 4,198 0.5 5
11 9 Richard F. Connolly Morgan Stanley PWM Boston • • • • • • 9,507 5 7.5
12 11 Charles S. Bean III Heritage Financial Services Westwood • • • 1,938 2.5 4
13 12 Raju Pathak Morgan Stanley Wealth Mgmt Boston • • • 2,328 7.5 15
14 14 David Javaheri Morgan Stanley Wealth Mgmt Wellesley • • 2,097 7 15
15 15 William Sullivan UBS PWM Boston • 1,446 25 50
16 N Andrew Zimmerman Merrill Lynch Wealth Mgmt Boston • • 1,621 15 25
 S28 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

17 23 Gary McGuirk Merrill PWM Boston • • $2,606 $27.5 $55

18 17 Peter Noonan J.P. Morgan Wealth Mgmt Boston • • • 2,314 15 50
19 20 Domenic Marinelli Morgan Stanley Wealth Mgmt Boston • • • 837 5 10
20 18 Ira Rapaport New England Private Wealth Advisors Wellesley • • 2,145 6.8 9
21 21 Terrence McMahon Morgan Stanley PWM Boston • • • 6,733 25 100
22 22 Stephen Kelliher Morgan Stanley Wealth Mgmt Norwell • • • • • • 4,250 10 10
23 19 John Spooner Morgan Stanley Wealth Mgmt Boston • • • 1,281 2.5 7
24 24 Carl Cafaro Merrill Lynch Wealth Mgmt Newton • • • 4,334 15 25
25 16 Mary Mullin Merrill Lynch Wealth Mgmt Boston • • • 1,547 7 15
26 N Christopher Dillon UBS Wealth Mgmt Boston • • • 1,985 10 15
27 25 Jason Traino Morgan Stanley Wealth Mgmt Middleton • • • • 2,016 4 15
28 N James Fucigna Morgan Stanley Wealth Mgmt Boston • • • • 5,565 5 10
29 29 Mark Winthrop Winthrop Wealth Westborough • • • 1,647 3 5
30 26 Richard Miller Ameriprise Financial Wellesley • • • 1,329 0.7 2

MICHIGAN
1 1 Charles C. Zhang Zhang Financial Portage • • • $4,911 $3 $5
2 3 Jeffrey Fratarcangeli Fratarcangeli Wealth Mgmt Bloomfield Hills • • • 3,530 8 25
3 2 David Kudla Mainstay Capital Mgmt Grand Blanc • • • 3,289 2 5
4 4 Timothy Long Merrill Lynch Wealth Mgmt Grand Rapids • • • • • • 5,993 6 10
5 6 Philip Appel Merrill Lynch Wealth Mgmt Bloomfield Hills • • • 2,939 6.3 8.2
6 5 Dana Locniskar Merrill PWM Troy • • 3,696 15 50
7 9 Leo Stevenson Merrill Lynch Wealth Mgmt Wyandotte • • • 996 1.5 2.5
8 8 Kevin VanDyke SageView Advisory Bloomfield Hills • • • 1,577 0.3 2
9 7 Melissa Spickler Merrill Lynch Wealth Mgmt Bloomfield Hills • • • 1,375 2 5
10 16 Aaron Romain Merrill Lynch Wealth Mgmt Farmington Hills • • • • 2,051 1 5
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

11 11 Brian Brice Graystone Consulting | Morgan Stanley Birmingham • • • • 4,472 5 10

12 13 Frank Moore Vintage Financial Services Ann Arbor • • 740 1.6 2.5
13 10 David Brazen Ameriprise Financial Troy • • 2,482 2 4
14 15 Marie Vanerian Merrill Lynch Wealth Mgmt Troy • • • • • 2,680 7.5 20
15 19 William Mackay Merrill Lynch Wealth Mgmt Grand Rapids • • • • • 5,993 2 5
16 N Daniel Murphy Wells Fargo Advisors Farmington Hills • • • 675 1.3 3
17 N Bruce Ballard Merrill Lynch Wealth Mgmt Farmington Hills • • • 2,115 7 10
18 17 Timothy Brice Graystone Consulting | Morgan Stanley Birmingham • • • • 4,218 5 10
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

19 22 Michael Rosloniec Graystone Consulting | Morgan Stanley Grand Rapids • • • • • 5,621 82 110
20 27 Eric Furlotte Ameriprise Financial Farmington Hills • • • 2,482 2 4
21 24 Jay McGill Merrill Lynch Wealth Mgmt Auburn Hills • • • 978 3 5
22 26 Chris Wilker Morgan Stanley Wealth Mgmt Troy • • • 785 2 5
23 23 Mark Fudold Morgan Stanley Wealth Mgmt Troy • • • 668 1.3 5
24 29 Jon Vigi UBS PWM Birmingham • • • • • • 862 10 25
25 20 Lyle Wolberg Telemus Capital Southfield • • • 2,777 8.7 14.4
26 28 James Kruzan Kaydan Wealth Mgmt Fenton • • 647 1.7 2.5
27 25 Scott Bernecker Merrill Lynch Wealth Mgmt Grand Rapids • • • • • • 1,709 10 15
28 N John Mizzi Merrill Lynch Wealth Mgmt Dearborn • • • 630 1 1.8
29 21 Abraham Post Merrill Lynch Wealth Mgmt Troy • • • 1,008 5 5
30 N Gautam Muthusamy Baughman Capital Mgmt Saline • • • 924 1.5 5

MINNESOTA
1 2 Rob Metcalf UBS PWM Wayzata • • $3,657 $75 $100
2 1 Richard S. Brown JNBA Financial Advisors Bloomington • • • 1,896 1.5 2.5
3 3 Louis Close UBS PWM Wayzata • • 3,113 15 25
4 15 Fla. Brad Wheelock RBC Wealth Mgmt St. Cloud • • • • 1,563 3.5 6
5 5 Charlie Kelley Compass Capital Mgmt Minneapolis • • • • 1,660 5 10
6 4 Christina Boyd Merrill Lynch Wealth Mgmt Wayzata • • 1,655 5 10
7 N Krystal Julius Merrill Lynch Wealth Mgmt Wayzata • • • 2,315 3 5
8 9 Michelle Young Ameriprise Financial Edina • • 1,201 1.8 2.8
9 8 Jesse Bull UBS PWM Wayzata • • • 1,419 10 20
10 7 Aaron Howe RBC Wealth Mgmt Wayzata • • • 943 3 8
11 14 Joseph Loftus UBS Wealth Mgmt Minneapolis • • 1,037 15 25
12 11 Michael Slaggie Slaggie Capital Group Winona • • • • 1,588 1 2.5
13 N Thomas Drees Morgan Stanley Wealth Mgmt Bloomington • • 842 8 15
 March 13, 2023 BARRON’S S29

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

14 N Brett Fenske Wells Fargo Advisors Wayzata • • • • $3,059 $15.5 $50

15 13 Robert Swiller UBS Wealth Mgmt Minneapolis • • • 839 2 10
16 18 Rhett Neuman RBC Wealth Mgmt Stillwater • • • 770 1 3
17 19 Theresa Ward Merrill PWM Minneapolis • • 1,910 5 10
18 20 Derek Cherne UBS PWM Wayzata • • 950 10 25
19 12 Randy Doroff Ameriprise Financial Bloomington • • 864 1.3 2.5
20 21 Michael Erpelding Erpelding WM | Northwestern Mutual Edina • • • 846 0.8 2
21 17 Royal Jaros Ameriprise Financial Apple Valley • • 891 1 2
22 15 Jacob Creydt UBS Wealth Mgmt Bloomington • • • • 1,078 2 3
23 23 Chris Watkins UBS PWM Minneapolis • • • 3,113 15 25
24 24 William Sukup Wealth Enhancement Group Woodbury • • • 525 1.5 2

MISSISSIPPI
1 2 Melanie Dowell Morgan Stanley Wealth Mgmt Ridgeland • • • • • $1,518 $3 $5
2 1 Bill Rush Mosby UBS Wealth Mgmt Jackson • • • • 1,460 2 3.5
3 4 Arthur Finkelberg Raymond James Ridgeland • • • 544 2 3
4 N Steve Sharp Wells Fargo Advisors Jackson • • • • 1,700 2 3
5 6 Bill Geary Raymond James Jackson • • • 1,011 2 6
6 N Wheeler Parker Merrill Lynch Wealth Mgmt Ridgeland • • • • 494 1 2

MISSOURI
1 2 Michael Moeller Moeller Investment Group Chesterfield • • • • $2,230 $3 $5
2 3 Bud King UBS PWM St. Louis • • • 1,581 6 30
3 5 Diane Compardo Moneta Group Clayton • • 2,038 15 25
4 6 Mark Wilkins UBS PWM Clayton • • 2,140 35 75
5 4 Seth Murray Ameriprise Financial Springfield • • 2,258 1 2
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

6 8 Scott Underwood Socium Advisors | Northwestern Mut. St. Louis • • • • 1,107 1.4 7
7 7 Kathleen Youngerman Morgan Stanley PWM St. Louis • • • 525 30 50
8 9 James Hise Merrill PWM Kansas City • • • 1,622 17 20
9 N Ron Penney Ameriprise Financial Springfield • • 2,258 1 2
10 11 Shawn Williams Merrill PWM Frontenac • • • 5,322 50 50
11 18 John Gatewood Gatewood Wealth Solutions St. Louis • • • 858 1.6 3
12 13 Bradford Koeneman Moneta Group Clayton • • • 835 8 10
13 N Brian Pultman Correct Capital Wealth Mgmt St. Louis • • • • 890 2 3
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

14 15 Donald Swanson Edward Jones Joplin • • • 560 0.5 1.2

15 14 Gordon Hamilton III Morgan Stanley Wealth Mgmt Kansas City • • • 1,555 1.5 1.5
16 12 Theresa Gorin Merrill Lynch Wealth Mgmt Chesterfield • • • 763 3 5
17 16 Robert Millner Morgan Stanley Wealth Mgmt Clayton • • 1,478 2 5
18 N Ed Holt Edward Jones St. Louis • • • 469 0.8 0.8

MONTANA
1 1 James B. Stack Stack Financial Mgmt Whitefish • • • $1,597 $1.9 $5
2 5 William Royer UBS Wealth Mgmt Billings • • • • • 1,271 2 7
3 2 Jared Losing Ameriprise Financial Missoula • • • 1,032 0.4 2.2
4 3 Todd Vralsted UBS Wealth Mgmt Billings • • • • 1,271 2 5
5 N Brian Bentley Morgan Stanley Wealth Mgmt Billings • • • • • • 1,542 5 10
6 4 Charles Wagner Merrill Lynch Wealth Mgmt Billings • • • • • 1,920 2.5 5

NEBR ASK A
1 1 Jim Siemonsma Mariner Wealth Advisors Omaha • • • $1,853 $1 $3
2 3 Ryan Swartz Creative Planning Omaha • • • 2,685 3.5 15
3 2 Andrew Robinson Morgan Stanley Wealth Mgmt Omaha • • • 2,158 4.5 8.5
4 4 Jason Dworak UBS PWM Lincoln • • 1,464 12 25
5 5 John Garlock RBC Wealth Mgmt Omaha • • • • • 1,023 3.3 5.5
6 6 Tim Harrison Harrison Financial | Northwestern Mut. Omaha • • • 806 1.9 7.7

NEVADA
1 1 Mark Binder UBS PWM Las Vegas • $7,113 $35 $50
2 2 Randy Garcia The Investment Counsel Company Las Vegas • • • 1,311 4.7 12
3 3 Keith Tanabe Merrill Lynch Wealth Mgmt Henderson • • • • • • 6,601 5 17
4 4 Phillip Scott Merrill Lynch Wealth Mgmt Reno • • • 897 3 11
 S30 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

5 N Michael Chudd UBS Wealth Mgmt Las Vegas • • • • $4,900 $5 $25

6 6 Geoffrey Lee Ameriprise Financial Henderson • • • 791 1.3 3

NEW HAMPSHIRE
1 3 Brent Kiley Ameriprise Financial Bedford • • $1,971 $1 $2.5
2 1 Robert Bonfiglio Ameriprise Financial Bedford • • 2,211 1 2.5
3 N Charles Beynon Ameriprise Financial Portsmouth • • • 2,800 1 4
4 4 Brian Doyle Wells Fargo Advisors Hanover • • • 1,300 5 10
5 2 John Habig Morgan Stanley Wealth Mgmt Portsmouth • • • 444 1 3
6 6 Sean Doyle Merrill Lynch Wealth Mgmt Manchester • • • 454 1.8 2.5

NEW JERSEY
1 26 David Briegs Merrill Lynch Wealth Mgmt Bridgewater • • • $2,002 $3 $4
2 1 Michael Ricca Morgan Stanley Wealth Mgmt Florham Park • • • 4,627 10 15
3 5 Scott Mahoney Morgan Stanley PWM Morristown • • 1,631 20 40
4 3 Daniel Schwartz UBS PWM Paramus • • 2,877 15 30
5 7 Mark Lippman Wells Fargo Advisors Linwood • • • • 2,414 2.5 4
6 6 Andy Schwartz Bleakley Financial Group Fairfield • • • • 1,602 5 10
7 2 Gary Tantleff UBS Wealth Mgmt Warren • • 7,332 11 10
8 15 Neil McPeak Wells Fargo Advisors Linwood • • • • 1,630 2 3.5
9 14 Christopher Cook Merrill Lynch Wealth Mgmt Florham Park • • • 1,957 5 10
10 9 Mark Fendrick UBS Wealth Mgmt Mount Laurel • • • 1,959 5 10
11 12 Fla. Frank Seminara Morgan Stanley PWM Florham Park • • • 2,690 5 20
12 N Michael Bonevento ICGnext | LPL Financial Wall • • • 1,703 3.5 10
13 12 Thomas Meyer Meyer Capital Group Marlton • • • 1,375 3 5
14 23 Mary Guza Morgan Stanley Wealth Mgmt Florham Park • • • 4,627 10 15
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

15 13 Richard Udine Morgan Stanley Wealth Mgmt Mount Laurel • • • 1,207 4 5

16 16 Jack Burke Merrill Lynch Wealth Mgmt Florham Park • • • 6,646 8 15
17 21 Yash Dalal Morgan Stanley Wealth Mgmt Paramus • • • 861 6 10
18 19 Mark Tobias Morgan Stanley Wealth Mgmt New Brunswick • • • 722 5 10
19 20 Bruce Gsell Merrill Lynch Wealth Mgmt Iselin • • • • 13,329 2.5 5
20 10 John Micera RBC Wealth Mgmt Florham Park • • • • 890 6.7 13.2
21 11 Bruce Pomerantz Wells Fargo Advisors Short Hills • • • 1,806 3 5
22 18 L. Marc Shegoski UBS Wealth Mgmt Princeton • • • • 4,316 55 62
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

23 22 Mark Cortazzo Wealth Enhancement Group Parsippany • • • • 761 2.5 7.5

24 N Michael Gara RBC Wealth Mgmt Princeton • • • 5,111 3 5
25 17 Michael Taggart J.P. Morgan Wealth Mgmt Morristown • • • 744 10 20
26 N V. Peter Traphagen Jr. Traphagen Investment Advisors Oradell • • • 1,092 1.2 1.5
27 24 Ken Schapiro Condor Capital Wealth Mgmt Martinsville • • • 1,363 2.5 3.8
28 29 Goran Bojovski Merrill Lynch Wealth Mgmt Iselin • • • • 13,329 2.5 5
29 N Matthew Foley Merrill PWM Paramus • • • 2,378 50 100
30 28 Anthony Valente Morgan Stanley Wealth Mgmt Shrewsbury • • • • 2,163 1 2
31 27 Raymond Chase UBS PWM Florham Park • • • 1,757 7.5 10
32 N Lawrence DeLuise Merrill PWM Paramus • • • 2,378 50 100
33 N Jack Riley UBS Wealth Mgmt Warren • • 2,896 15 25
34 N Christine McGinley UBS Wealth Mgmt Mount Laurel • • • 1,022 4 8
35 31 Francis Bitterly Morgan Stanley Wealth Mgmt Red Bank • • • 686 3 7
36 25 Bruce Barth Merrill Lynch Wealth Mgmt Short Hills • • • 1,467 2.3 3.5
37 34 James Maltese Merrill Lynch Wealth Mgmt Iselin • • • 1,522 3 5
38 35 Reed Finney Bleakley Financial Group Fairfield • • • 728 2 5
39 36 Greg Makowski CFS Investment Advisory Services Totowa • • • • 1,750 2 5
40 37 Harris Nydick CFS Investment Advisory Services Totowa • • • • 1,750 2 5
41 32 Robert Mosera Wells Fargo Advisors Paramus • • • 919 3.2 5
42 38 William Munn Ameriprise Financial Paramus • • • 1,067 0.8 3
43 45 Michael Axelrod Bleakley Financial Group Fairfield • • 670 4 7
44 41 David Comito Merrill Lynch Wealth Mgmt Florham Park • • • 1,906 2.5 5
45 N Jeffrey Browne Merrill Lynch Wealth Mgmt Mount Laurel • • • 762 3.5 5
46 40 Steven Rothman UBS Wealth Mgmt Red Bank • • • 551 1.9 3
47 33 Patricia Bell Merrill Lynch Wealth Mgmt Short Hills • • • 766 2 5
48 42 August Zenzius Merrill Lynch Wealth Mgmt Paramus • • • 751 2.5 5
 March 13, 2023 BARRON’S S31
Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

NEW MEXICO
1 2 Michael Stevens Merrill Lynch Wealth Mgmt Albuquerque • • • $1,345 $3 $4
2 1 Michael Blackwell Morgan Stanley Wealth Mgmt Albuquerque • • • 948 2.5 3.3
3 4 Charles Reardon Morgan Stanley Wealth Mgmt Albuquerque • • • 1,257 1.5 3
4 5 Kathryn Thompson Merrill Lynch Wealth Mgmt Albuquerque • • • 1,345 3 4
5 3 Christopher Cates RBC Wealth Mgmt Albuquerque • • • • 1,147 3 5
6 N Quentin Heffron Wells Fargo Advisors Albuquerque • • • 700 1 2

NEW YORK
1 1 Lyon Polk Morgan Stanley PWM New York • $29,154 $100 $150
2 2 Richard Saperstein Treasury Partners New York • • • 18,854 25 30
3 3 Ron Vinder Morgan Stanley PWM New York • • 14,198 75 300
4 4 Ron Basu Morgan Stanley PWM New York • • • 10,646 25 100
5 7 Scott Stackman UBS PWM New York • 8,746 75 300
6 10 Jason Katz UBS PWM New York • • • 4,260 10 25
7 8 Jim Detterick Graystone Consulting | Morgan Stanley New York • • • 48,884 10 23
8 6 Seth Finkel Neuberger Berman New York • • • 3,351 7.5 20
9 19 Adam Epstein UBS PWM New York • • • • 3,886 30 50
10 13 Frank Marzano GM Advisory Group Melville • • 5,649 20 30
11 22 Martin Halbfinger UBS Wealth Mgmt New York • • • 4,252 20 35
12 9 Scott Wilson Morgan Stanley PWM New York • • 8,548 25 50
13 32 Jordan Mayer J.P. Morgan Wealth Mgmt New York • • • 12,470 25 35
14 5 Holly Newman Kroft Neuberger Berman New York • • • • 3,489 10 15
15 12 Noel Weil Merrill PWM New York • • 14,893 50 100
16 11 Stephanie J. Stiefel Neuberger Berman New York • • • 2,616 15 45
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

17 47 Christopher Wimpfheimer J.P. Morgan Wealth Mgmt New York • • • • 29,649 250 250
18 18 Jonathan Kuttin Ameriprise Financial Hauppauge • • • • 8,467 1 5
19 15 Richard Zinman Morgan Stanley PWM New York • • 3,213 37.5 75
20 27 Robert Stolar Morgan Stanley PWM New York • • 4,327 75 150
21 30 Justin McCarthy Mariner Wealth Advisors New York • • • 2,419 2.4 5
22 23 Glenn Degenaars First Republic Investment Mgmt New York • • 4,526 35 75
23 34 Patrick J. Schwarz Morgan Stanley PWM New York • 4,271 30 50
24 16 William Peterson Neuberger Berman New York • • • 2,177 4 16
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

25 35 John Barrett Merrill Lynch Wealth Mgmt New York • • • • 2,750 20 60

26 26 Leigh Cohen Merrill PWM New York • • 8,691 25 30
27 14 Shawn Rubin Morgan Stanley PWM New York • • 1,807 10 25
28 17 Russell Rabito UBS PWM New York • • • 5,412 18 25
29 20 Fotios Piniros Morgan Stanley PWM New York • • • 6,741 25 100
30 21 Michael Sawyer Morgan Stanley PWM New York • • 18,015 40 80
31 44 Mihir Patel Morgan Stanley PWM New York • • 3,278 10 25
32 28 Gerard Klingman Klingman & Associates New York • • 3,197 10 15
33 24 Virginia Guy Neuberger Berman New York • • 1,802 5.8 20
34 29 Evan Steinberg Morgan Stanley PWM New York • • 2,811 4 10
35 55 Bruce Burrows Morgan Stanley Wealth Mgmt Garden City • • • • 23,400 10 30
36 64 Ryan Lewis Morgan Stanley PWM New York • • 48,884 35 75
37 42 Jonathan Kass Merrill Lynch Wealth Mgmt New York • • • 7,818 7.5 17.5
38 38 Jason Babb First Republic Investment Mgmt New York • • 4,526 10 20
39 51 Joseph Karas Morgan Stanley PWM New York • • • 2,825 25 45
40 37 Joshua Malkin Morgan Stanley PWM New York • • • • 2,289 25 50
41 49 Daniel O'Connell Merrill Lynch Wealth Mgmt Garden City • • • • • • 2,177 8 20
42 36 Michael Poppo UBS Wealth Mgmt New York • • • • 1,556 10 12
43 41 John Longo Graystone Consulting | Morgan Stanley New York • • • 18,449 100 50
44 33 David Magrone Merrill PWM New York • • 4,539 75 150
45 59 Brian Bennett UBS Wealth Mgmt New York • • 1,281 3.5 15
46 61 David Beyer Morgan Stanley Wealth Mgmt New York • • 2,515 10 25
47 N Adam Zipper First Republic Investment Mgmt New York • • 10,805 10 60
48 43 Jonathan Adamsky UBS PWM New York • • • 16,133 7 15
49 46 Jeffrey Winik Morgan Stanley Wealth Mgmt New York • • • • 12,904 5 12
50 56 Robert Waldele Merrill Lynch Wealth Mgmt New York • • • 3,640 30 50
51 31 John Vessa Morgan Stanley Wealth Mgmt New York • • • 12,905 5 10
52 53 Elizabeth Weikes J.P. Morgan Wealth Mgmt New York • • 4,457 25 50
 S32 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

53 39 Jeffrey Klotz UBS PWM New York • • • • $16,133 $8 $25

54 62 Charles Day UBS PWM New York • • 2,140 15 20
55 65 Charles Balducci Merrill Lynch Wealth Mgmt New York • • 3,244 12.7 30
56 91 Robert Dyer Merrill PWM New York • • 1,969 45 68
57 50 Anthony Dertouzos Morgan Stanley PWM New York • • 1,455 20 50
58 58 Lewis Altfest Altfest Personal Wealth Mgmt New York • • • 1,320 2 5
59 80 Courtney Moore Merrill PWM New York • • • • • 9,457 75 100
60 70 Anthony Maddalena Morgan Stanley Wealth Mgmt Purchase • • • • • 1,567 2.5 10
61 54 Michael Chrys Merrill Lynch Wealth Mgmt Latham • • • • 6,402 10 15
62 96 Steven Strzelecki Morgan Stanley Wealth Mgmt Garden City • • • • 22,722 10 25
63 68 Peter Svarre Merrill Lynch Wealth Mgmt New York • • 1,974 12 30
64 74 Patrick Fruzzetti Rose Advisors | Hightower New York • • 1,235 7 25
65 72 John Adelman UBS PWM New York • • • 2,147 10 30
66 107 Harold Elish UBS PWM New York • • • • 2,788 5 7.5
67 99 Jordan Waxman Nucleus Advisors New York • • • 2,700 25 50
68 71 Craig Pastolove Morgan Stanley PWM New York • • • 2,654 10 15
69 93 Geri Eisenman Pell Ameriprise Financial Rye Brook • • • 1,437 3.5 6.4
70 81 Leo Marzen Bridgewater Advisors New York • • 1,650 5 10
71 75 W. Corby May Merrill Lynch Wealth Mgmt Garden City • • • 1,476 7 15
72 77 Dennis Cutrone Morgan Stanley PWM New York • • • 3,286 35 45
73 73 Doug Mellert Merrill Lynch Wealth Mgmt New York • • • • • 7,234 10 25
74 104 Jay Canell J.P. Morgan Wealth Mgmt New York • • 4,691 30 50
75 115 Neil Canell J.P. Morgan Wealth Mgmt New York • • 4,691 30 50
76 84 Peter Arbes Neuberger Berman New York • • • 1,061 3.6 8
77 108 Rich Abrams UBS Wealth Mgmt New York • • • 3,553 2 8
78 76 Todd DiScala Merrill Lynch Wealth Mgmt New York • • • • • 7,234 10 25
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

79 85 Louise Gunderson UBS PWM New York • • 3,914 8 18

80 N David Katz Merrill Lynch Wealth Mgmt New York • • 1,799 18 50
81 90 Allen Saunders UBS PWM New York • • • 2,140 10 20
82 86 Emily Rubin UBS PWM New York • • 2,389 25 50
83 63 Andrew Hart Morgan Stanley PWM New York • • • 6,741 20 40
84 95 John Sargent Rockefeller Capital Mgmt New York • • • 1,812 50 75
85 113 Anna Winderbaum Morgan Stanley PWM New York • 2,055 50 100
86 114 Joseph Lerner Morgan Stanley PWM New York • 2,055 50 100
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

87 83 Michael Bapis Rockefeller Capital Mgmt New York • • • 1,176 5 25

88 97 William Einstein UBS PWM New York • • • 6,162 5 10
89 N Lyle Casriel UBS PWM New York • 8,746 75 300
90 87 Alyssa Moeder Merrill PWM New York • • 4,537 25 150
91 92 Lori Van Dusen LVW Advisors Pittsford • • • 1,827 15 35
92 117 Eric Snyder Merrill Lynch Wealth Mgmt New York • • 3,244 12.7 30
93 102 Barbara Yee Morgan Stanley Wealth Mgmt New York • • • 468 6 50
94 89 Richard Salvino Merrill PWM New York • • 4,537 25 150
95 45 Robert McGinty Merrill PWM New York • • • 15,726 43 50
96 116 Susan Kingsolver Morgan Stanley PWM New York • • 2,232 20 75
97 60 Ira Mark Morgan Stanley Wealth Mgmt Jericho • • • 2,108 7.5 20
98 105 Ahmet Terzioglu Morgan Stanley Wealth Mgmt Rochester • • • 2,315 5 10
99 110 Greg DelMonte Stifel New York • • • 1,880 1 10
100 101 Glenn Arthurs UBS Wealth Mgmt Buffalo • • • • • 2,829 3.5 6
101 98 Maria Brisbane Merrill PWM New York • • • 924 30 80
102 67 Steven Cannata Merrill Lynch Wealth Mgmt New York • • • • 5,257 0.7 2.5
103 119 Chris Sebastian Merrill Lynch Wealth Mgmt Buffalo • • • 1,512 3 5
104 88 Ira Millman Morgan Stanley Wealth Mgmt New York • • • 1,291 12.5 30
105 48 Andrew P. Kraus Merrill PWM New York • • • 15,726 43 50
106 112 William Schoff UBS Wealth Mgmt Rochester • • • • 2,349 5 25
107 N Harvey Kadden Morgan Stanley Wealth Mgmt New York • • 2,040 7 25
108 120 Michael Bromberg Merrill Lynch Wealth Mgmt New York • • • 1,800 3 5
109 103 Todd Silaika Merrill Lynch Wealth Mgmt Clifton Park • • • 1,621 2.2 4
110 N John Coyle Morgan Stanley Wealth Mgmt Garden City • • 1,852 15 20
111 94 Roger Tulcin Neuberger Berman New York • • • 918 3.8 10
112 106 Lawrence Liebers Merrill Lynch Wealth Mgmt New York • • 1,490 12.5 25
113 N Jacqueline Willens UBS PWM New York • • • 2,140 5 10
 March 13, 2023 BARRON’S S33

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

114 N Seth Coren Morgan Stanley PWM New York • • 1,849 15 35

115 109 Paul Lewis UBS PWM New York • • • 2,147 10 30
116 N Marc Karetsky Morgan Stanley PWM New York • • 1,762 25 50
117 N Scott Kleiner Morgan Stanley PWM New York • • 1,886 25 50
118 66 M. Robin Krasny Morgan Stanley Wealth Mgmt New York • • 1,233 8.5 22
119 35 Conn. William Donnell Merrill PWM White Plains • • • • 1,271 20 150
120 N Thomas Sullivan Merrill Lynch Wealth Mgmt Garden City • • 2,588 3 5

NORTH CAROLINA
1 3 Mitchell Wickham UBS PWM Charlotte • $15,234 $20 $40
2 2 Greg Cash UBS PWM Charlotte • 15,234 20 40
3 1 William Oliver Wells Fargo Advisors Charlotte • • 2,184 10 25
4 4 Brett Hoge Truist Investment Services Winston-Salem • • • • 2,000 5 15
5 5 John McCardell Merrill Lynch Wealth Mgmt Charlotte • • • 7,421 7.5 15
6 11 Michael Lappin UBS Wealth Mgmt Raleigh • • 879 6 10
7 N David Rakestraw Truist Investment Services Raleigh • • 1,741 4 20
8 7 George Seamen Merrill Lynch Wealth Mgmt Raleigh • • • 1,275 4.5 6
9 6 Adam Landau Morgan Stanley PWM Charlotte • • • 1,059 20 100
10 12 Lee Bryan III Alex. Brown | Raymond James Winston-Salem • • • • 4,250 20 25
11 10 Patrick Rush Triad Financial Advisors Greensboro • • 808 1.2 2
12 9 Kelly Graves Wealth Enhancement Group Charlotte • • • 833 2 3
13 8 Kathleen Malone Wells Fargo Advisors Charlotte • • 2,391 6.5 17
14 N Jack Taylor Truist Investment Services Raleigh • • • 1,195 3 10
15 15 Mark Walker Ameriprise Financial Charlotte • • • 889 1 2
16 18 Mike Absher Absher Wealth Mgmt Chapel Hill • • • 659 1.8 3.5
17 16 Bob McCarthy RBC Wealth Mgmt Raleigh • • 2,272 4 20
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

18 14 Rick Fisher Fisher Wealth Mgmt Burlington • • 910 1 2

19 17 Brook Biddy Wells Fargo Advisors North Wilkesboro • • • 1,405 4 10
20 13 Bill Smith UBS Wealth Mgmt Raleigh • • 1,537 10 20
21 24 William Normann The Normann Financial Group Sanford • • • 1,017 4 8
22 22 Kim Hoffman Edward Jones Wilson • • 563 2 4
23 19 Lee Morris Graystone Consulting | Morgan Stanley Raleigh • • • 7,601 60 75
24 23 Chris Davis Wells Fargo Advisors Davidson • • 1,982 1.5 3
25 20 Edwin Purcell Merrill Lynch Wealth Mgmt Fayetteville • • • • • 1,038 2 3
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

26 30 R. Neil Stikeleather Merrill Lynch Wealth Mgmt Charlotte • • • 505 0.8 2.5
27 25 Christopher Senvisky Wells Fargo Advisors Davidson • • 1,982 1.5 4
28 26 Robert Edmonds Ameriprise Financial Greensboro • • 548 0.6 0.7
29 28 John Patterson Wealth Enhancement Group Charlotte • • • 483 1.4 3
30 27 Thorne James Merrill Lynch Wealth Mgmt Raleigh • • • 643 2.6 3.4

NORTH DAKOTA
1 1 Troy Nelson Edward Jones Bismarck • • • $864 $1.8 $4.1
2 2 Joel Bird Ameriprise Financial Bismarck • • 6,102 1 1.5
3 3 Greg Tschetter Edward Jones Minot • • • • 390 0.6 1
4 4 Matthew Engen Merrill Lynch Wealth Mgmt Fargo • • • 545 5 7.5
5 6 Thomas Reule Edward Jones Devils Lake • • 275 0.5 1
6 5 Dave Schlafman Ameriprise Financial Bismarck • • • • 3,095 1 2.2

OHIO
1 1 Valerie Newell Mariner Wealth Advisors Cincinnati • • • $4,339 $3 $7.5
2 2 David Singer Merrill PWM Cincinnati • • 6,156 25 30
3 3 Randy Carver Carver Financial Services Mentor • • • 2,031 1 1.5
4 4 David Ellis UBS PWM Cincinnati • • 2,173 5 5
5 N Craig Findley Venture Visionary Partners Sylvania • • • 3,757 5 7.5
6 6 Stephen Fish UBS Wealth Mgmt Cincinnati • • • • 1,549 3 10
7 7 Thomas Robertson Graystone Consulting | Morgan Stanley Columbus • • • • • 10,186 2 5
8 10 Brian Edwards Morgan Stanley Wealth Mgmt Columbus • • • 1,644 3 10
9 11 Blair Cornell UBS Wealth Mgmt Miamisburg • • • 1,406 3 5
10 15 Joel Guth Gryphon Financial Partners Columbus • • • 1,456 3.9 4.6
11 12 Paul Carbetta Ameriprise Financial Powell • • • 2,066 0.8 2.4
12 N Brady Fineske TDC Investment Advisory Maumee • • • • 3,542 3 10
 S34 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

13 14 Peter Motta Merrill PWM Columbus • • • $2,806 $10 $50

14 13 Daniel Roe Budros, Ruhlin & Roe Columbus • • • 3,063 4 5
15 8 Michael Chasnoff Truepoint Wealth Counsel Cincinnati • • • 3,790 5 7
16 N Joseph Chornyak Janney Montgomery Scott Columbus • • • • 1,217 2.5 5
17 16 Robert Bult UBS Wealth Mgmt Cincinnati • • • 2,909 8 25
18 N Kevin Bruegge Merrill PWM Cincinnati • • 6,156 20 30
19 18 James Barsella Wells Fargo Advisors Hudson • • • • 9,500 10 20
20 20 Sidney Jones Merrill Lynch Wealth Mgmt Canfield • • • • 1,394 5 6
21 25 John Krieger Merrill Lynch Wealth Mgmt Pepper Pike • • • 1,162 3.6 6
22 22 Luke Wiley UBS Wealth Mgmt Cincinnati • • • 876 2.5 3.3
23 23 Elizabeth Armitage Merrill Lynch Wealth Mgmt Cincinnati • • • • 1,412 1 2.5
24 17 Jeffrey Stewart Morgan Stanley Wealth Mgmt Dublin • • • 1,138 5 10
25 30 Sean O'Reilly Merrill Lynch Wealth Mgmt Cincinnati • • 1,223 5 10
26 N J.R. Randall Morgan Stanley Wealth Mgmt Cincinnati • • • 1,070 2 3
27 26 Owen McBride UBS Wealth Mgmt Cleveland • • • • 3,313 3 7.5
28 27 Gary Young UBS Wealth Mgmt Cleveland • • • 754 3 5
29 29 William Murphy UBS Wealth Mgmt Cleveland • • • • 3,313 3 7.5
30 N Michael Beers Morgan Stanley Wealth Mgmt Columbus • • • 2,311 5 10

OKL AHOMA
1 1 James Johnson Morgan Stanley PWM Oklahoma City • • • $1,229 $20 $100
2 3 Matthew Monger Merrill Lynch Wealth Mgmt Tulsa • • • • 824 3 7
3 4 Steve Jelley Merrill Lynch Wealth Mgmt Tulsa • • • • 1,215 4.6 10
4 5 Jeffrey Blumenthal Wells Fargo Advisors Oklahoma City • • • • 1,116 3 5
5 6 Jana Shoulders Mariner Wealth Advisors Tulsa • • • 2,233 2.9 9
6 11 Matt R. Cain Merrill Lynch Wealth Mgmt Tulsa • • • • 2,242 5 7
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

7 7 Donald Jackson UBS Wealth Mgmt Tulsa • • 509 1 1.5

8 10 Jeff Galvin Morgan Stanley Wealth Mgmt Tulsa • • 1,004 5 10
9 8 T. Paul Eagleton Eagleton Brown Inv | Wells Fargo Adv. Tulsa • • • • 1,367 0.5 1
10 9 Jim Eagleton Eagleton Brown Inv| Wells Fargo Adv. Tulsa • • • • • 1,367 1 1.5
11 N Donald Lehman Merrill Lynch Wealth Mgmt Tulsa • • • • 2,242 5 7
12 N Lisa Clark Morgan Stanley Wealth Mgmt Tulsa • • • • • 1,021 10 15

OREGON
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

1 1 Rebecca DeCesaro First Republic Investment Mgmt Portland • • $1,995 $7 $9

2 5 Keith Sheppard UBS Wealth Mgmt Portland • • • 1,614 2.3 4.5
3 8 Chad Martindale Ameriprise Financial Portland • • • 800 1.3 2
4 9 Justin Buell Wells Fargo Advisors Portland • • • 960 4 10
5 4 William Kiefel Merrill Lynch Wealth Mgmt Lake Oswego • • • 795 2 10
6 6 Edward Lang UBS Wealth Mgmt Portland • • 587 4 8
7 3 Joshua Ulmer Graystone Consulting | Morgan Stanley Portland • • • 2,100 24.2 24.2
8 N Dale Donaldson Ameriprise Financial Lake Oswego • • 606 0.4 2
9 7 Glen Clemans CGC Financial Services Lake Oswego • • 732 0.6 0.9
10 12 James Beatty UBS PWM Portland • • • 2,064 4 10
11 N Rob Shick Baird Portland • • • 575 3 5
12 11 Lucas Newman First Republic Investment Mgmt Portland • • • 801 5 9

PENNSYLVANIA
1 2 Rob Thomas Mariner Wealth Advisors State College • • • $2,491 $0.3 $1
2 6 Grant Rawdin Wescott Financial Advisory Group Philadelphia • • • • • 3,420 8 20
3 1 Johanna Walters Merrill Lynch Wealth Mgmt Blue Bell • • 5,465 10.5 12
4 3 Peter Rohr Merrill PWM Philadelphia • 4,890 35 100
5 7 Patti Brennan Key Financial West Chester • • • 1,541 2 3
6 10 Dane Burkholder Ameriprise Financial Lancaster • • • 3,041 0.8 3
7 4 Robert Fragasso Fragasso Financial Advisors Pittsburgh • • • • 1,793 0.9 2
8 12 John J. Parker Sr. Wells Fargo Advisors Philadelphia • • • 2,000 5 7.5
9 9 James Rimmel UBS Wealth Mgmt Pittsburgh • • • 1,836 2 5
10 8 Michael Henley Brandywine Oak Private Wealth Kennett Square • • 1,381 4.3 5.5
11 11 Derek Jancisin Merrill PWM Pittsburgh • • • • 3,078 7.5 10
12 14 Eric Salmansohn Morgan Stanley Wealth Mgmt Philadelphia • • 1,455 3.8 10
13 15 Virgil Kahl Spring Ridge Financial Group Wyomissing • • 976 1 2
 March 13, 2023 BARRON’S S35

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

14 41 Peter Sargent Janney Montgomery Scott Yardley • • • $900 $2.5 $5

15 13 Alan Cohn Sage Financial Group Conshohocken • • • • 3,310 4 6
16 16 Megan Bailey Merrill Lynch Wealth Mgmt Blue Bell • • 5,465 10.5 12
17 23 Stephen Bealer Merrill Lynch Wealth Mgmt Wyomissing • • • 1,848 3 6
18 17 Peter Strope UBS Wealth Mgmt Canonsburg • • • 1,102 3 6
19 20 Jack Hafner J.P. Morgan Wealth Mgmt Philadelphia • • 1,345 40 50
20 22 John Solis-Cohen Wells Fargo Advisors Radnor • • • 1,292 12 25
21 18 Anthony DiValerio Morgan Stanley PWM West Conshohocken • • • 1,212 30 75
22 36 Michael Hirthler Jacobi Capital Mgmt Pittston • • • 1,821 3 5
23 32 Edward Blumenthal Janney Montgomery Scott Philadelphia • • • • • • 2,077 2 3
24 35 Bradford Bernstein UBS Wealth Mgmt Philadelphia • • • 3,914 10 22
25 31 Mark Eskin Janney Montgomery Scott Philadelphia • • • • • • 2,077 2 3
26 24 Samuel Spanos Raymond James Beaver • • 860 0.7 1
27 29 David Kron Kron & Polis Financial | Wells Fargo Adv. Philadelphia • • 1,559 3.5 7.5
28 39 Thomas Seiler Raymond James Newtown • • • • • 1,300 5 6
29 27 Lon Jury Ameriprise Financial Lancaster • • 1,731 0.3 0.8
30 46 John Minnich Merrill Lynch Wealth Mgmt Wyomissing • • • 1,848 3.5 6
31 28 George Mastrogiorgos Ameriprise Financial Exton • • • 1,724 1 2
32 30 Andrew Jugan Ameriprise Financial Pittsburgh • • • 1,697 1.2 2.5
33 19 Michael Duckworth Merrill PWM Pittsburgh • • 1,666 25 40
34 38 Gregory Hayes Merrill Lynch Wealth Mgmt Yardley • • • • 1,237 2 5
35 21 James Meredith Hefren-Tillotson, a Baird Company Pittsburgh • • • • 1,991 1.5 4
36 37 David Ebner Merrill Lynch Wealth Mgmt Philadelphia • • • 1,612 40 40
37 42 Michael Greenly UBS PWM Philadelphia • • 2,140 20 50
38 43 Richard Corcoran Morgan Stanley PWM West Conshohocken • • 2,395 35 50
39 48 Barbara Hudock Hudock Capital Group Williamsport • • 618 1 3
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

40 33 Jay Beaulieu Wells Fargo Advisors Radnor • • 2,957 10 15

41 47 Michael Glovas Morgan Stanley Wealth Mgmt Easton • • • • 856 1.8 2.5
42 26 Robb Boland RBC Wealth Mgmt Philadelphia • • • • 1,284 5 20
43 44 Craig Schwartz Wells Fargo Advisors Philadelphia • • • • 973 2.5 5
44 34 Greg Sarian Sarian Strategic Partners | Hightower Wayne • • 1,251 4.5 12
45 40 J. Douglas Moran Merrill Lynch Wealth Mgmt Wayne • • • 740 4 8
46 N Mark Maggs Merrill Lynch Wealth Mgmt Wyomissing • • • • 726 3 4
47 N Carl Gordinier Merrill Lynch Wealth Mgmt Wayne • • • • 1,518 4 8
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

48 25 Malcolm Cowen Cornerstone Advisors Asset Mgmt Bethlehem • • • 6,500 48 70

RHODE ISL AND

1 1 Malcolm Makin Raymond James Westerly • • $1,502 $1.5 $3
2 3 Denise Roberts Morgan Stanley Wealth Mgmt Newport • • • 651 2.8 5
3 N Nick Loring Loring Advisory Group Greenville • • • • 547 0.5 2
4 N Marc Verga Morgan Stanley Wealth Mgmt Providence • • • 983 5 10
5 5 Edythe De Marco Merrill Lynch Wealth Mgmt Providence • • • 1,193 3.3 4.9
6 2 John Zitzmann Morgan Stanley Wealth Mgmt Providence • • • 726 5 8

SOUTH CAROLINA
1 1 Rick Migliore Merrill PWM Columbia • • • $7,026 $10 $10
2 3 Robert Vingi Wells Fargo Advisors Charleston • • • 1,887 10.2 23
3 4 Cheryl Holland Abacus Planning Group Columbia • • 1,430 5 12
4 N Ronnie Dennis Merrill PWM Columbia • • • 7,421 20 50
5 6 W. Clark Gallivan UBS PWM Greenville • • 687 4 6
6 9 Gordon Whittaker Merrill Lynch Wealth Mgmt Columbia • • • • 7,421 3.5 5
7 12 Robert Davidson Morgan Stanley Wealth Mgmt Columbia • • • • 1,477 3 7.5
8 N John Bennett Merrill Lynch Wealth Mgmt Mount Pleasant • • • 625 1.8 5
9 7 George Starnes G3 Wealth Adv. | Northwestern Mutual Columbia • • • • 751 2.5 3.8
10 8 Bert Arrowood UBS Wealth Mgmt Greenville • • • • 1,259 4 10
11 N Chandler McNair Morgan Stanley Wealth Mgmt Columbia • • • • 1,475 3 7.5
12 10 Kirk Lloyd Merrill PWM Columbia • • • • • 1,232 10 17.5
 S36 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

SOUTH DAKOTA
1 1 David Hillard RBC Wealth Mgmt Rapid City • • • • $1,313 $3 $5
2 2 Todd Nelson Merrill Lynch Wealth Mgmt Sioux Falls • • • 2,602 1 5
3 4 Nathan Quello Raymond James Sioux Falls • • • • • 666 2 3
4 3 Gordon Wollman Cornerstone Financial Solutions Sioux Falls • • 449 0.8 1.5
5 N Kelly Rae Haskell Edward Jones Aberdeen • • 373 1.5 2.5
6 6 Jon Hauger Edward Jones Dakota Dunes • • • 499 1.5 3

TENNESSEE
1 1 Jay Williams UBS PWM Memphis • • $2,480 $140 $890
2 2 Tim Roberson Merrill Lynch Wealth Mgmt Brentwood • • 2,633 5 8
3 5 Brett Bartman RBC Wealth Mgmt Nashville • • • • • 1,995 10 15
4 9 Matthew Miller Merrill PWM Brentwood • • • • 1,652 25 75
5 4 Jeffrey Bates Wealth Enhancement Group Brentwood • • 1,444 6 7
6 10 Eric Klindt Merrill PWM Nashville • • • • 2,201 15 30
7 8 Charles Kirby UBS PWM Nashville • • • 2,377 35 60
8 3 Timothy Pagliara CapWealth Advisors Franklin • • • 1,118 3.5 6.7
9 11 Brent Trentham Ameriprise Financial Alcoa • • 1,801 0.6 1.2
10 7 Stanton Jacobs UBS Wealth Mgmt Oak Ridge • • 2,140 1 3
11 17 Brock Kidd Raymond James Nashville • • • • 831 5 15
12 6 Malcolm Liles Baird Nashville • • • 1,626 5 10
13 12 Gregory Herman LBMC Investment Advisors Brentwood • • • 1,750 3.5 10
14 14 Elias Hassan Baird Murfreesboro • • • 801 4 7
15 13 Dugan McLaughlin Merrill PWM Knoxville • • • 1,346 17 38
16 16 Trey Smith Truist Investment Services Nashville • • • 777 4.5 25
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

17 N Stephen Weatherly Merrill Lynch Wealth Mgmt Memphis • • 626 6 20

18 N David Adams David Adams Wealth | Raymond James Nashville • • • • 675 5 10

TEX AS
1 3 Richard Joyner Tolleson Wealth Mgmt Dallas • • $7,600 $45 $90
2 2 Richard Szelc Neuberger Berman Dallas • • 2,124 18 25
3 1 Charles McKinney Morgan Stanley PWM Dallas • • 5,000 100 200
4 6 William Corbellini Merrill PWM Dallas • • 4,220 30 35
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

5 9 Charles Jones Ameriprise Financial Dallas • • 1,754 3.3 6.3

6 21 Ryan Long UBS PWM Dallas • • • 3,914 10 20
7 7 Scott Tiras Ameriprise Financial Houston • • • 2,048 4 7
8 8 Kevin Blonkvist RBC Wealth Mgmt Midland • • • • 2,729 15 40
9 11 Brent Anderson Morgan Stanley PWM Houston • • • 3,059 25 50
10 12 Van Pearcy Van Pearcy's Wealth Services Team Midland • • • • 1,846 3 10
11 5 Mike Bollinger Morgan Stanley PWM Houston • • • 1,995 100 250
12 22 Dwight Emanuelson Merrill PWM Dallas • • 4,220 30 35
13 19 Frederick de Groot Merrill Lynch Wealth Mgmt The Woodlands • • • • 2,525 5 7
14 16 Tommy McBride Merrill Lynch Wealth Mgmt Dallas • • 1,349 5 15
15 17 Darrell Pennington Ameriprise Financial Houston • • 1,402 1.5 2.5
16 18 Mark Moore UBS PWM Austin • • • 2,116 7.2 16
17 14 R. Scot Smith Morgan Stanley Wealth Mgmt Dallas • • • • 953 3.5 7.5
18 24 Ron Kern Graystone Consulting | Morgan Stanley San Antonio • • • 4,419 25 30
19 26 Brian Tramontano Merrill Lynch Wealth Mgmt San Antonio • • • 986 3.1 4
20 31 William Gouldin Morgan Stanley Wealth Mgmt Houston • • • 1,580 5 20
21 23 Jeffery Price Merrill Lynch Wealth Mgmt Southlake • • • 1,243 2 4
22 30 Sean Fitzpatrick Raymond James Houston • • • 1,757 3 5
23 35 Gil Baumgarten Segment Wealth Mgmt Houston • • 1,173 6.7 10
24 27 Stephen Engro Beacon Financial Group Dallas • • • 972 1.4 3
25 29 Langston Turner UBS PWM Houston • • 2,539 25 50
26 28 Steve Nagel Merrill Lynch Wealth Mgmt Frisco • • 1,563 8 10
27 25 Charla McIntyre Fields Ameriprise Financial Hurst • • • 1,532 1.2 2.5
28 42 J. Michael Fox Merrill Lynch Wealth Mgmt Houston • • • 1,183 3 5
29 34 Lewis Metzger Morgan Stanley Wealth Mgmt Houston • • • 1,679 4 6
30 39 Ira Kravitz UBS Wealth Mgmt Plano • • • 1,126 5.5 7
31 55 Howard Lorch Wells Fargo Advisors Houston • • • 3,100 3 10
 March 13, 2023 BARRON’S S37

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

32 37 Richard Piatas Merrill Lynch Wealth Mgmt Frisco • • $3,188 $10 $25
33 32 Bonner Barnes Corda Investment Mgmt Houston • • 1,304 1.2 2
34 67 Audree Begay Ameriprise Financial Houston • • 1,631 2.6 2.7
35 74 Craig Massey Merrill PWM Houston • • • 4,337 100 100
36 40 Doug John Requisite Capital Mgmt Dallas • • 1,231 30 50
37 61 Richard Ashcroft Baird Houston • • 2,100 4 5
38 13 Nestor Vicknair Merrill Lynch Wealth Mgmt Houston • • 5,767 8 12
39 65 Gregory Glosser RBC Wealth Mgmt Dallas • • 1,096 3 10
40 36 David Novelli Morgan Stanley PWM Houston • • • • 1,588 20 35
41 54 William Leven Merrill PWM Houston • • • 891 34 44
42 41 Kevin Dickey Morgan Stanley PWM Dallas • • 1,515 25 40
43 43 R. Craig Rathjen UBS PWM Houston • • • • 2,518 50 90
44 38 Charles Lewis Wells Fargo Advisors Waco • • • • • • 1,280 1 3
45 45 Carl Fuhrmann III Merrill Lynch Wealth Mgmt San Antonio • • • 987 4 7
46 47 Anupam Johri Morgan Stanley Wealth Mgmt Dallas • • • 858 2 2.5
47 N Jason Tarver Merrill Lynch Wealth Mgmt Frisco • • • 3,392 6.1 10
48 57 James Woldert Morgan Stanley Wealth Mgmt Houston • • 984 10 20
49 N Will Murphy Wells Fargo Advisors The Woodlands • • • 845 7.5 25
50 49 Reed Smith Merrill PWM Houston • • 3,477 25 50
51 48 Champ Warren Merrill PWM Houston • • 3,477 25 50
52 66 William Hrynyshyn UBS Wealth Mgmt San Antonio • • • 605 1.5 3.2
53 51 Brent Chappell Merrill Lynch Wealth Mgmt The Woodlands • • • 1,223 2.5 5
54 56 Bradley Chappell Merrill Lynch Wealth Mgmt The Woodlands • • • 1,223 2 4.5
55 62 Scott Cohen CD Wealth Mgmt Dallas • • • 712 1.5 10
56 50 Mark Gladstein Merrill Lynch Wealth Mgmt Houston • • 1,713 4 15
57 72 Donald Whitehead Morgan Stanley Wealth Mgmt Houston • • • 856 3 6
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

58 53 J. Dow Crocker Raymond James Dallas • • • • • 1,004 5 15

59 60 Darren Fenz Merrill Lynch Wealth Mgmt Houston • • • 1,039 3.5 5
60 75 Nelson Murray Morgan Stanley PWM Houston • • 1,664 3 15
61 88 Gail Utter Wells Fargo Advisors Sherman • • • 676 4 6
62 68 Dan Michel UBS PWM Midland • • • • 2,029 10 20
63 N Alexander Ladage UBS Wealth Mgmt Austin • • • 1,687 10 25
64 71 Greg McDonald UBS PWM Midland • • • • 2,029 10 20
65 76 Brian Sauer UBS Wealth Mgmt Houston • • 2,896 15 20
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

66 N Bradley Bruce mFORCE Capital Fort Worth • • 1,055 5 14

67 80 Alan Yonack Morgan Stanley Wealth Mgmt Dallas • • 735 5 15
68 70 Kapil Mathur Morgan Stanley Wealth Mgmt Sugar Land • • 1,217 2.5 7
69 N Philip Dodson Merrill PWM Houston • • 3,015 30 50
70 N Kenny French Sr. Edward Jones Victoria • • • 612 1 1
71 77 Donald Peterson UBS PWM Dallas • • • • 2,228 25 50
72 73 Elizabeth Lockwood UBS Wealth Mgmt Houston • • • 2,896 15 25
73 63 Brian Petrauskas Merrill Lynch Wealth Mgmt The Woodlands • • • • 1,547 5 8
74 59 Charles Johansen Merrill Lynch Wealth Mgmt The Woodlands • • • 1,547 5 8
75 87 Dan Nelson Merrill PWM San Antonio • • • • 2,294 17 20
76 69 Rob Bertino UBS PWM Dallas • • 2,140 40 75
77 90 F. Michael Wood Jr. Merrill PWM San Antonio • • • • 2,294 17 20
78 86 Charles Neuhaus Wells Fargo Advisors Houston • • • 859 15 40
79 85 D. Scott Uptegraph Jr. Morgan Stanley Wealth Mgmt Houston • • • 1,517 10 25
80 N Stephen Tosha Merrill Lynch Wealth Mgmt Dallas • • • • • 717 1 2
81 N Ted Smith Merrill Lynch Wealth Mgmt Fort Worth • • • 706 1 5
82 46 J. Craig Falls Enclave Advisors Austin • • • 910 20 50
83 84 Jay Gerrie Merrill Lynch Wealth Mgmt Austin • • • 1,017 2.5 7.5
84 82 Joni Abalos Merrill Lynch Wealth Mgmt Houston • • 1,039 3.5 5
85 N Alvaro Gonzalez Merrill Lynch Wealth Mgmt McAllen • • 684 2.5 20
86 N Timothy Hickman Merrill Lynch Wealth Mgmt The Woodlands • • • 766 10 20
87 89 Myrteel Ward Graystone Consulting | Morgan Stanley San Antonio • • • 4,311 30 45
88 N Matthew Kardesch Ameriprise Financial Houston • • • 840 1 3
89 N Richard Dvorak Ameriprise Financial Houston • • 640 3 4
90 79 Mark Elias UBS PWM Houston • • • • 725 15 25
 S38 BARRON’S March 13, 2023

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

UTAH
1 1 John Van Wagoner Merrill PWM Salt Lake City • • $1,050 $10 $25
2 N Dane Runia Morgan Stanley Wealth Mgmt Provo • • 1,600 56 100
3 4 Jeff Roundy Merrill Lynch Wealth Mgmt Salt Lake City • • • 1,535 10 15
4 3 Michael Peirce UBS PWM Salt Lake City • • • • 944 12 15
5 5 Jack Broderick Stifel Park City • • 1,142 10 15
6 6 Paul Shoemaker Morgan Stanley Wealth Mgmt Salt Lake City • • • 1,099 4 12

VERMONT
1 1 Tim Stotz Morgan Stanley Wealth Mgmt Colchester • • • • • $1,730 $3 $5.3
2 2 Brian Pelkey Morgan Stanley Wealth Mgmt Colchester • • • 1,062 3 5
3 4 Timothy O'Brien UBS Wealth Mgmt South Burlington • • • 2,140 1.5 3.5
4 3 Jared Hendler UBS PWM South Burlington • • 597 25 30
5 N Christopher Dubie Morgan Stanley Wealth Mgmt Colchester • • • 1,129 2 3
6 6 CJ Charlebois Melendy Ameriprise Financial Williston • • 446 1.3 2.5

VIRGINIA
1 1 Stephan Cassaday Cassaday & Company McLean • • • $3,990 $1.5 $2
2 2 Joseph Montgomery The Optimal Svc Group | Wells Fargo Williamsburg • • • • • • 28,391 7 15
3 4 Jeffrey Grinspoon VWG Wealth Mgmt Vienna • • 1,700 5 7
4 5 Lowell Pratt Burney Company Reston • • • 2,082 1.5 3
5 7 Barry Glassman Glassman Wealth Services Vienna • • • 1,677 6 9
6 3 David Karp Cresset Reston • • 37,231 25 45
7 6 Tristan Caudron Caudron Megary Blackburn | Wells Fargo Alexandria • • • 1,772 2 4
• • • •
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

8 9 Ryan Sprowls Alexandria WM | Wells Fargo Advisors Alexandria 1,600 5 12

9 8 Dalal Salomon Salomon & Ludwin Richmond • • • 1,320 3.5 5
10 11 Kelly Campbell Campbell Wealth Mgmt Alexandria • • 905 1.4 2.5
11 12 James Bogart Bogart Wealth McLean • • • 2,405 3.7 4.3
12 10 Susan Kim Ameriprise Financial Vienna • • 1,570 1.6 2.3
13 15 Michael Joyce Agili Richmond • • 947 3.3 4.8
14 13 Allan Strange Janney Montgomery Scott Richmond • • • • • 1,944 1.5 3
15 24 Nolan Stokes Northwestern Mutual Fairfax • • • 999 3 12
• • • •
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

16 N Philip Campbell Merrill Lynch Wealth Mgmt Norfolk 1,169 3.5 10

17 22 Neil Goetzman Raymond James Alexandria • • • 785 3 5
18 29 Scott Garnett UBS Wealth Mgmt Richmond • • • 706 1 2
19 20 Garret Alcaraz Wells Fargo Advisors Virginia Beach • • • • • • 1,480 2 4
20 21 Brude Stoever Stoever & Palmore Investment Group Richmond • • • • 1,200 5 5
21 25 Aashish Matani Merrill Lynch Wealth Mgmt Norfolk • • • 1,464 5 7
22 N John Lewis Truist Investment Services Richmond • • 1,824 5 10
23 19 Brett Hayes Hayes Nystrom Sarrett WM Group Richmond • • • • 1,804 3 3
24 27 Brian Ford RBC Wealth Mgmt Richmond • • • • 895 2 3
25 18 Jamie Cox Harris Financial Group Richmond • • 725 1 2
26 N Jeffrey Eveland Merrill Lynch Wealth Mgmt Leesburg • • 562 2.5 3
27 26 Mark Leonard Morgan Stanley Wealth Mgmt McLean • • 824 8 10
28 N James Somers Merrill PWM Virginia Beach • • 1,333 25 50
29 30 Rob Reich Wells Fargo Advisors McLean • • • • • • 729 6 8
30 28 Christopher MacNamara Merrill Lynch Wealth Mgmt Vienna • • • 1,205 2 3.5

WASHINGTON
1 4 Phil Scott First Republic Investment Mgmt Bellevue • • • $2,364 $10 $50
2 2 Randall Linde Ameriprise Financial Renton • • • 4,367 1.2 2.8
3 1 Erik Morgan Freestone Capital Mgmt Seattle • • • 6,407 4.5 5.9
4 3 Dean Braun Morgan Stanley PWM Seattle • 7,462 25 40
5 7 Michael Matthews UBS PWM Bellevue • • • 2,115 10 15
6 9 Cameron Ragen Baird Seattle • • • 2,679 2.5 8
7 N Terry Cook Parcion Private Wealth Bellevue • • 1,800 10 50
8 8 Erin Scannell Ameriprise Financial Mercer Island • • • 4,766 3 8
9 10 Lowry West Morgan Stanley PWM Seattle • • 1,979 15 30
10 13 Jay Kirkpatrick Merrill PWM Spokane • • • 3,430 10 15
11 11 Paul Ried Paul R. Ried Financial Group Bellevue • • 892 1 1.5
 March 13, 2023 BARRON’S S39

Clients

High Ultrahigh Team Typical Typical

Rank
Individuals Net Worth Net Worth Assets Account Net Worth
2023 2022 Advisor Firm City (Up to $1 mil) ($1-10 mil) ($10 mil+) Foundations Endowments Institutional (mil) (mil) (mil)

12 N Matthew VanBeek Merrill Lynch Wealth Mgmt Seattle • • • • • $2,569 $2.5 $7.5
13 15 Michael Hershey J.P. Morgan Wealth Mgmt Bellevue • • • 1,311 10 25
14 14 Kevin Fitzwilson Coldstream Wealth Mgmt Bellevue • • 1,352 4.2 4.2
15 18 Lawrence Hood Pacific Portfolio Consulting Seattle • • • • 3,550 10 18
16 N Stacy Oster UBS Wealth Mgmt Bellevue • • 2,140 10 15
17 25 Corina Davis Merrill Lynch Wealth Mgmt Seattle • • • 946 3 7
18 17 Jason Therrell UBS Wealth Mgmt Everett • • • 1,578 10 20
19 27 Jeffrey Crosby Ameriprise Financial Kirkland • • • 2,347 2.6 3.3
20 16 David Midgley Morgan Stanley PWM Seattle • 4,976 35 45
21 N Will Strong Baird Seattle • • • • 2,700 6 10
22 24 Paul Jackson Morgan Stanley Wealth Mgmt Bellevue • • • 1,349 5 10
23 N Jens Pascucci Merrill Lynch Wealth Mgmt Seattle • • • 2,405 15 50
24 22 Jack Almo Morgan Stanley PWM Seattle • • • • 1,652 30 50
25 19 Matt Riesenweber Cornerstone Wealth Strategies Kennewick • • • • 784 1 2.4
26 N Tait Lane Triad Financial Strategies Issaquah • • 798 1.5 2.5
27 20 Brian Acarregui Morgan Stanley Wealth Mgmt Seattle • • • 2,452 5 10
28 N J.B. Champion Morgan Stanley Wealth Mgmt Kirkland • • • 1,100 5 10
29 23 James Ferguson Merrill PWM Bellevue • • 1,821 20 35
30 28 Michael Maroni Merrill Lynch Wealth Mgmt Bainbridge Island • • • 1,105 3 5

WEST VIRGINIA
1 N Christopher Hall Hall Financial Advisors Parkersburg • • • • $982 $1 $1.5
2 1 David Houchins Truist Investment Services Charleston • • • • 1,083 3 4
3 N Michael Shalhoup Merrill Lynch Wealth Mgmt Charleston • • 1,496 6 9
4 2 David Miller RBC Wealth Mgmt Huntington • • • 1,518 0.8 3
5 3 Jason Thompson Morgan Stanley Wealth Mgmt Charleston • • • • 692 2.5 5
To reprint or license content, please contact Barron's reprints department at 800-843-0008 or www.djreprints.com

6 4 J. Michael Goodwin Morgan Stanley Wealth Mgmt Charleston • • • • • • 3,489 2 5

WISCONSIN
1 1 Michael Klein Baird Milwaukee • • • • • $12,934 $27 $35
2 2 Andrew Burish UBS Wealth Mgmt Madison • • • 4,357 2.5 3.5
3 4 Thomas Parks Graystone Consulting | Morgan Stanley Milwaukee • • • 17,989 70 70
4 5 Bryan Sadoff Wealth Enhancement Group Milwaukee • • • 1,453 2.5 4
5 6 Michael Sadoff Wealth Enhancement Group Milwaukee • • • 1,453 2.5 4
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

6 8 Tyson Ray FORM Wealth Advisors Lake Geneva • • 747 1 2.5

7 9 Matthew Heckmann Northwestern Mutual Middleton • • 1,021 2.8 6
8 7 David Spano Annex Wealth Mgmt Elm Grove • • 3,863 0.9 1.5
9 N Jason Maas UBS Wealth Mgmt Madison • • • 4,357 2.5 3.5
10 10 Philip Dallman Baird Milwaukee • • • • • 12,934 27 35
11 12 Vince Cimino Wealth Enhancement Group Clinton • • 625 0.1 0.5
12 N Jerry David Prescient Financial Solutions Milwaukee • • • 966 2 5
13 14 Chris Calvelli Baird Milwaukee • • • 4,299 8 10
14 15 Michael Smith Ameriprise Financial Stevens Point • • 671 0.9 1.5
15 N Andrew Epstein Baird Milwaukee • • • 4,326 8 10
16 11 Chris Doughty Gentian Financial Mequon • • • 518 1.5 2.5
17 17 John Larsen RBC Wealth Mgmt Mequon • • • 547 2.5 4
18 18 Walter Meanwell Wells Fargo Advisors Madison • • • • 595 0.8 1.8

W YOMING
1 27 Calif. Dagny Maidman First Republic Investment Mgmt Jackson • • • $4,381 $25 $100
2 N Lester Brunker UBS PWM Teton Village • • 2,140 12 16
3 1 Kevin Murphy Stifel Casper • • • • • 636 2.5 5
4 2 Randy Halfpop The Compass Wealth Group Cheyenne • • • 327 0.7 2
5 3 Christopher Van Slyke WorthPointe Jackson • • • 667 1 3
6 4 Ryan Scott Edward Jones Rock Springs • • 280 1.2 2
N=not ranked WM=wealth management PWM=private wealth management
 S40 BARRON’S March 13, 2023

Listening.
Leading.
Succeeding.
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For listening to their clients. Leading in an unpredictable world. And succeeding at building lifelong relationships.
We salute our UBS Advisors who are among this year’s Barron’s Top 1200 Financial Advisors.
For personal non-commercial use only. Do not edit or alter. Reproductions not permitted.

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quantitative factors and is not necessarily related to the quality of the investment advice.

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