Institutional Manager · CIK 0001803456

N.E.W. Advisory Services LLC

DE PERE, WI · File #028-20048

Latest AUM

$1.35B

Positions

892

Top-10 Concentration

61.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	SCHWAB STRATEGIC TR	808524300	+527,534	+$17.2M	+$76,263
ADD	VANGUARD INDEX FDS	922908769	+50,118	+$16.8M	+$4.8M
ADD	J P MORGAN EXCHANGE TRADED F	46641Q670	+215,645	+$10.2M	-$8,859
ADD	J P MORGAN EXCHANGE TRADED F	46654Q757	+118,310	+$9.5M	+$102,454
ADD	FIRST TR EXCHANGE TRADED FD	33738R506	+125,002	+$8.7M	+$60,051
ADD	FIRST TR EXCHANGE TRADED FD	33738R704	+84,702	+$8.3M	+$23,788
ADD	SCHWAB STRATEGIC TR	808524508	+274,764	+$8.3M	+$23,744
ADD	SPDR SER TR	78464A649	+304,080	+$7.8M	-$180,433
ADD	J P MORGAN EXCHANGE TRADED F	46641Q761	+123,777	+$7.8M	+$5,700
NEW	VANGUARD INDEX FDS	922908637	+22,396	+$7.1M	$0

Sector Allocation

Technology

2.6%$35.5M

Financials

1.5%$20.8M

Consumer Discretionary

0.8%$10.4M

0.6%$8.0M

0.5%$6.6M

0.4%$5.0M

0.3%$4.6M

Communication Services

0.2%$2.2M

Real Estate

0.2%$2.2M

Energy

0.1%$1.3M

Materials

0.0%$614,987

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 2025892 pos · $1.35B
Oct 27, 202513F HOLDINGS REPORTQ/E Sep 2025840 pos · $1.12B
Aug 18, 202513F HOLDINGS REPORTQ/E Jun 2025840 pos · $1.03B
May 7, 202513F HOLDINGS REPORTQ/E Mar 2025894 pos · $1.31B
Jan 24, 202513F HOLDINGS REPORTQ/E Dec 2024189 pos · $1.05B
Oct 31, 202413F HOLDINGS REPORTQ/E Sep 2024183 pos · $1.01B
Aug 5, 202413F HOLDINGS REPORTQ/E Jun 2024182 pos · $926.7M
Apr 24, 202413F HOLDINGS REPORTQ/E Mar 2024173 pos · $901.4M
Nov 6, 202313F HOLDINGS REPORTQ/E Dec 2023151 pos · $703.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908769	720,637	$241.6M	20.38%
2	SPDR SER TR	78464A508	1,523,011	$86.5M	7.30%
3	SPDR SER TR	78464A854	905,147	$72.6M	6.12%
4	ISHARES TR	46435G672	1,208,835	$60.5M	5.10%
5	J P MORGAN EXCHANGE TRADED F	46641Q837	1,157,721	$58.6M	4.94%
6	SPDR SER TR	78464A649	2,108,406	$54.3M	4.58%
7	DIMENSIONAL ETF TRUST	25434V880	1,326,814	$43.4M	3.66%
8	VANGUARD STAR FDS	921909768	537,175	$40.5M	3.42%
9	SPDR SER TR	78464A805	444,914	$36.7M	3.10%
10	VANGUARD BD INDEX FDS	921937835	475,245	$35.2M	2.97%
11	AMERICAN CENTY ETF TR	025072877	306,475	$31.3M	2.64%
12	VANGUARD ADMIRAL FDS INC	921932778	309,473	$30.3M	2.55%
13	SPDR INDEX SHS FDS	78463X889	606,636	$26.9M	2.27%
14	DIMENSIONAL ETF TRUST	25434V708	607,176	$24.0M	2.03%
15	SCHWAB STRATEGIC TR	808524300	634,931	$20.7M	1.75%
16	BERKSHIRE HATHAWAY INC DEL	BRK-A	39,941	$20.1M	1.69%
17	APPLE INC	AAPL	69,291	$18.8M	1.59%
18	VANGUARD INDEX FDS	922908363	27,892	$17.5M	1.48%
19	SPDR INDEX SHS FDS	78463X509	364,939	$17.1M	1.44%
20	VANGUARD INDEX FDS	922908652	79,917	$16.7M	1.41%