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Portfolio (Quarterly) Guide ↗

Herold Advisors, Inc.

· CIK 0001891713
13F Portfolio $455M AUM 263 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 23 New 105 Added 71 Reduced 7 Exited
Page 6 of 6  ·  105 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 CEG CONSTELLATION ENERGY CORP Utilities 888.0 $248K 0.05% +168.0 +23.3% $279.25 +5.3%
102 NNY NUVEEN N Y MUN VALUE FD Financial Services 27,389.0 $229K 0.05% +1K +4.1% $8.35 +0.7%
103 CAG CONAGRA BRANDS INC Consumer Defensive 13,300.0 $209K 0.05% +1K +10.8% $15.72 -13.7%
104 KIO KKR INCOME OPPORTUNITIES FD Financial Services 12,018.0 $132K 0.03% +141.0 +1.2% $11.00 +2.3%
105 ACHR ARCHER AVIATION INC Industrials 15,500.0 $80K 0.02% +200.0 +1.3% $5.17 +23.0%
Page 6 of 6  ·  105 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.7%
Financial Services 16.4%
Healthcare 12.6%
Energy 9.2%
Communication Services 8.2%
Industrials 8.0%
Consumer Defensive 6.3%
Consumer Cyclical 5.7%
Utilities 4.3%
Real Estate 1.5%