N.E.W. Advisory Services LLC

CIK 0001803456 · Q1 2026

13F Equity AUM

$1.3B

-1.1% QoQ

Positions

896

+22 QoQ

AUM Rank

#2,341

Top 19%

Skill Alpha (FF)

-1.8%/yr^ns

No Clear Edge

Rank #4,843 · Top 59%

vs S&P -6.7%/yr (unadj.)

Quarters Tracked

~6 years

Portfolio Concentration

Top 5: 36.7%Top 10: 52.6%Top 20: 70.0%

VTI18.2%

SPYM5.4%

IAGG4.5%

JPST4.4%

SPYV4.2%

SPAB4.0%

DFAX3.4%

VXUS3.1%

SPTM2.7%

BND2.7%

Others (886)47.4%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services91.9%

Technology2.8%

Other5.3%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 896Median: 0.00%Avg: 0.11%

0–0.5%

861(18.6%)

0.5–1%

14(10.3%)

1–3%

13(23.8%)

3–5%

6(23.6%)

5%+

2(23.6%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 855Unique: 41vs 20 funds

11.6%Low

896

Fund positions

7,299

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Most Similar Funds

Top 9 benchmark funds with highest portfolio overlap (Jaccard similarity)

MORGAN STANLEY

15.8%

BANK OF AMERICA CORP /DE/

16.9%

15.4%

21.2%

15.3%

14.3%

VANGUARD CAPITAL MANAGEMENT LLC

13%

GEODE CAPITAL MANAGEMENT, LLC

12.8%

VANGUARD PORTFOLIO MANAGEMENT LLC

14.5%

Jaccard similarity per fund: shared CUSIPs / (fund A + fund B − shared). Higher values indicate more similar portfolios.

Loading overlap analysis...

Position Changes This Quarter

New67Increased271Decreased184Exited45

New Positions

PVAL0.5%

+144K

JTEK0.2%

+31K

BGIG0.1%

+25K

CGDV0.0%

+12K

SCYB0.0%

+3K

EIX0.0%

+2K

GLW0.0%

+50

UTF0.0%

+500

SPH0.0%

+600

SCHB0.0%

+60

Increased

AVLV2.4%

+381K(+3948%)

TMSL0.6%

+219K(+21808%)

JPIE0.7%

+184K(+3778%)

TSPA1.0%

+165K(+95%)

FDD0.2%

+132K(+2734%)

VGM0.2%

+105K(+85%)

SPYM5.4%

+39K(+4%)

VTI18.2%

+38K(+5%)

TDIV0.3%

+32K(+584%)

GRID0.3%

+20K(+328%)

Decreased

SPYV4.2%

-534,535(-35%)

SCHM0.0%

-323,620(-98%)

SCHG0.7%

-314,011(-49%)

THYF0.1%

-128,134(-90%)

EVTR0.0%

-127,914(-99%)

TVAL0.1%

-115,454(-83%)

JQUA0.2%

-110,988(-77%)

DNP0.4%

-108,840(-17%)

BUFR0.1%

-96,528(-71%)

JCPB0.7%

-72,289(-28%)

Exited

-155

-133

-38

-60

-424

-58

-1,250

-80

-177

-10

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...