Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ASML	ASML HLDG NV	7,214	$13.07M	2.5%	$1811.67	$1733.64	+4.5%	N Y REGISTRY SHS	N07059210
URGN	UROGEN PHARMA LTD	34,701	$1.41M	0.3%	$40.63	$42.90	-5.3%	COM	M96088105
PLSE	PULSE BIOSCIENCES INC	7,590	$379K	0.1%	$49.92	$42.19	+18.3%	COM	74587B101
GE	GE AEROSPACE	1,004	$314K	0.1%	$312.29	$346.42	-9.9%	COM NEW	369604301
V	VISA INC	742	$267K	0.1%	$359.45	$365.53	-1.7%	COM CL A	92826C839
MAR	MARRIOTT INTL INC NEW	673	$239K	0.0%	$355.81	$356.31	-0.2%	CL A	571903202
AEP	AMERICAN ELEC PWR CO INC	1,895	$225K	0.0%	$118.64	$126.61	-6.3%	COM	025537101
EOLS	EVOLUS INC	25,070	$201K	0.0%	$8.00	$7.49	+6.9%	COM	30052C107
BCRX	BIOCRYST PHARMACEUTICALS INC	23,710	$198K	0.0%	$8.33	$9.42	-11.5%	COM	09058V103
—	BLACKROCK MUNIHLDNGS CALI	10,750	$105K	0.0%	$9.75	$9.75	—	COM	09254L107

Increased Positions (11)

MSFT MICROSOFT CORP 2.0%

Value $10.61M (+42.5%) Shares 20,688 (+3.6%) Share Price $512.89 Est. Cost/Share $423.82 Unrealized @ Report Date +21.0%

GEV GE VERNOVA INC 2.0%

Value $10.68M (-14.1%) Shares 11,235 (+6.2%) Share Price $950.49 Est. Cost/Share $681.20 Unrealized @ Report Date +39.5%

ISRG INTUITIVE SURGICAL INC 5.4%

Value $28.32M (+3.7%) Shares 69,654 (+1.5%) Share Price $406.63 Est. Cost/Share $467.09 Unrealized @ Report Date -12.9%

VRTX VERTEX PHARMACEUTICALS INC 2.7%

Value $13.94M (+6.7%) Shares 26,658 (+1.3%) Share Price $522.81 Est. Cost/Share $480.79 Unrealized @ Report Date +8.7%

HD HOME DEPOT INC 0.5%

Value $2.599M (-16.2%) Shares 9,134 (+3.9%) Share Price $284.50 Est. Cost/Share $353.60 Unrealized @ Report Date -19.5%

BKNG BOOKING HOLDINGS INC 1.4%

Value $7.449M (-6.1%) Shares 45,727 (+2.7%) Share Price $162.91 Est. Cost/Share $314.59 Unrealized @ Report Date -48.2%

NEE NEXTERA ENERGY INC 0.5%

Value $2.739M (-10.0%) Shares 36,164 (+4.2%) Share Price $75.74 Est. Cost/Share $75.58 Unrealized @ Report Date +0.2%

ABBV ABBVIE INC 0.2%

Value $850K (+41.2%) Shares 3,251 (+35.9%) Share Price $261.59 Est. Cost/Share $199.19 Unrealized @ Report Date +31.3%

CAT CATERPILLAR INC 0.2%

Value $809K (-17.0%) Shares 998 (+9.0%) Share Price $810.79 Est. Cost/Share $380.55 Unrealized @ Report Date +113.1%

GILD GILEAD SCIENCES INC 0.1%

Value $457K (+28.4%) Shares 3,069 (+8.9%) Share Price $149.05 Est. Cost/Share $78.55 Unrealized @ Report Date +89.8%

MRK MERCK & CO INC 0.1%

Value $612K (+17.8%) Shares 4,210 (+4.2%) Share Price $145.31 Est. Cost/Share $113.97 Unrealized @ Report Date +27.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	20,688 (+3.6%)	$10.61M (+42.5%)	2.0%	$512.89	$423.82	+21.0%	COM	594918104
GEV	GE VERNOVA INC	11,235 (+6.2%)	$10.68M (-14.1%)	2.0%	$950.49	$681.20	+39.5%	COM	36828A101
ISRG	INTUITIVE SURGICAL INC	69,654 (+1.5%)	$28.32M (+3.7%)	5.4%	$406.63	$467.09	-12.9%	COM NEW	46120E602
VRTX	VERTEX PHARMACEUTICALS INC	26,658 (+1.3%)	$13.94M (+6.7%)	2.7%	$522.81	$480.79	+8.7%	COM	92532F100
HD	HOME DEPOT INC	9,134 (+3.9%)	$2.599M (-16.2%)	0.5%	$284.50	$353.60	-19.5%	COM	437076102
BKNG	BOOKING HOLDINGS INC	45,727 (+2.7%)	$7.449M (-6.1%)	1.4%	$162.91	$314.59	-48.2%	COM	09857L108
NEE	NEXTERA ENERGY INC	36,164 (+4.2%)	$2.739M (-10.0%)	0.5%	$75.74	$75.58	+0.2%	COM	65339F101
ABBV	ABBVIE INC	3,251 (+35.9%)	$850K (+41.2%)	0.2%	$261.59	$199.19	+31.3%	COM	00287Y109
CAT	CATERPILLAR INC	998 (+9.0%)	$809K (-17.0%)	0.2%	$810.79	$380.55	+113.1%	COM	149123101
GILD	GILEAD SCIENCES INC	3,069 (+8.9%)	$457K (+28.4%)	0.1%	$149.05	$78.55	+89.8%	COM	375558103
MRK	MERCK & CO INC	4,210 (+4.2%)	$612K (+17.8%)	0.1%	$145.31	$113.97	+27.5%	COM	58933Y105

Exited Positions (3)

AVGO BROADCOM INC 0.0%

Value $235K Shares 622 Share Price $377.75 * Est. Cost/Share $215.92 Unrealized @ Report Date +62.6%

INTC INTEL CORP 0.0%

Value $235K Shares 1,680 Share Price $139.65 * Est. Cost/Share $101.12 Unrealized @ Report Date +18.9%

DUK DUKE ENERGY CORP NEW 0.0%

Value $221K Shares 1,748 Share Price $126.58 * Est. Cost/Share $110.55 Unrealized @ Report Date +3.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AVGO	BROADCOM INC	622	$235K	0.0%	$377.75 *	$215.92	+62.6%	—	11135F101
INTC	INTEL CORP	1,680	$235K	0.0%	$139.65 *	$101.12	+18.9%	—	458140100
DUK	DUKE ENERGY CORP NEW	1,748	$221K	0.0%	$126.58 *	$110.55	+3.1%	—	26441C204

Decreased Positions (7)

NVDA NVIDIA CORPORATION 18.4%

Value $96.72M (+10.8%) Shares 423,512 (-2.9%) Share Price $228.38 Est. Cost/Share $118.07 Unrealized @ Report Date +93.4%

AAPL APPLE INC 15.2%

Value $79.5M (+6.8%) Shares 238,711 (-7.2%) Share Price $333.02 Est. Cost/Share $223.21 Unrealized @ Report Date +49.2%

GOOG ALPHABET INC 3.8%

Value $20M (-12.0%) Shares 58,685 (-8.8%) Share Price $340.74 Est. Cost/Share $168.85 Unrealized @ Report Date +101.8%

AMD ADVANCED MICRO DEVICES INC 6.2%

Value $32.58M (-7.2%) Shares 53,255 (-11.9%) Share Price $611.76 Est. Cost/Share $149.93 Unrealized @ Report Date +308.0%

NOW SERVICENOW INC 1.6%

Value $8.281M (+33.0%) Shares 61,797 (-1.5%) Share Price $134.01 Est. Cost/Share $169.27 Unrealized @ Report Date -20.8%

GOOGL ALPHABET INC 3.5%

Value $18.55M (-4.8%) Shares 53,915 (-1.1%) Share Price $344.08 Est. Cost/Share $166.82 Unrealized @ Report Date +106.3%

DIS DISNEY WALT CO 0.6%

Value $3.035M (+7.4%) Shares 28,937 (-1.4%) Share Price $104.90 Est. Cost/Share $90.57 Unrealized @ Report Date +15.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
NVDA	NVIDIA CORPORATION	423,512 (-2.9%)	$96.72M (+10.8%)	18.4%	$228.38	$118.07	+93.4%	COM	67066G104
AAPL	APPLE INC	238,711 (-7.2%)	$79.5M (+6.8%)	15.2%	$333.02	$223.21	+49.2%	COM	037833100
GOOG	ALPHABET INC	58,685 (-8.8%)	$20M (-12.0%)	3.8%	$340.74	$168.85	+101.8%	CAP STK CL C	02079K107
AMD	ADVANCED MICRO DEVICES INC	53,255 (-11.9%)	$32.58M (-7.2%)	6.2%	$611.76	$149.93	+308.0%	COM	007903107
NOW	SERVICENOW INC	61,797 (-1.5%)	$8.281M (+33.0%)	1.6%	$134.01	$169.27	-20.8%	COM	81762P102
GOOGL	ALPHABET INC	53,915 (-1.1%)	$18.55M (-4.8%)	3.5%	$344.08	$166.82	+106.3%	CAP STK CL A	02079K305
DIS	DISNEY WALT CO	28,937 (-1.4%)	$3.035M (+7.4%)	0.6%	$104.90	$90.57	+15.8%	COM	254687106

Unchanged Positions (18)

META META PLATFORMS INC 5.0%

Value $26.18M Shares 36,105 Share Price $725.18 Est. Cost/Share $521.33 Unrealized @ Report Date +39.1%

ILMN ILLUMINA INC 2.0%

Value $10.71M Shares 39,133 Share Price $273.68 Est. Cost/Share $121.72 Unrealized @ Report Date +124.8%

PANW PALO ALTO NETWORKS INC 4.2%

Value $21.97M Shares 55,305 Share Price $397.31 Est. Cost/Share $183.31 Unrealized @ Report Date +116.7%

ULTA ULTA BEAUTY INC 2.2%

Value $11.56M Shares 21,164 Share Price $546.17 Est. Cost/Share $375.44 Unrealized @ Report Date +45.5%

AMZN AMAZON COM INC 6.0%

Value $31.37M Shares 125,918 Share Price $249.15 Est. Cost/Share $183.87 Unrealized @ Report Date +35.5%

LLY ELI LILLY & CO 3.9%

Value $20.36M Shares 17,595 Share Price $1157.06 Est. Cost/Share $889.44 Unrealized @ Report Date +30.1%

ADBE ADOBE INC 1.0%

Value $5.438M Shares 22,664 Share Price $239.94 Est. Cost/Share $540.90 Unrealized @ Report Date -55.6%

LULU LULULEMON ATHLETICA INC 0.7%

Value $3.851M Shares 40,035 Share Price $96.19 Est. Cost/Share $281.24 Unrealized @ Report Date -65.8%

CB CHUBB LIMITED 1.9%

Value $10.06M Shares 30,930 Share Price $325.25 Est. Cost/Share $270.79 Unrealized @ Report Date +20.1%

MELI MERCADOLIBRE INC 3.9%

Value $20.27M Shares 11,727 Share Price $1728.53 Est. Cost/Share $1885.32 Unrealized @ Report Date -8.3%

SBUX STARBUCKS CORP 0.8%

Value $4.155M Shares 44,221 Share Price $93.96 Est. Cost/Share $83.58 Unrealized @ Report Date +12.4%

COST COSTCO WHOLESALE CORPORATION 0.2%

Value $1.154M Shares 1,268 Share Price $910.34 Est. Cost/Share $864.12 Unrealized @ Report Date +5.3%

DE DEERE & CO 0.1%

Value $609K Shares 907 Share Price $671.55 Est. Cost/Share $369.25 Unrealized @ Report Date +81.9%

JNJ JOHNSON & JOHNSON 0.2%

Value $849K Shares 3,207 Share Price $264.74 Est. Cost/Share $152.51 Unrealized @ Report Date +73.6%

NUE NUCOR CORP 0.1%

Value $532K Shares 2,275 Share Price $233.75 Est. Cost/Share $146.81 Unrealized @ Report Date +59.2%

ABT ABBOTT LABORATORIES 0.1%

Value $287K Shares 2,905 Share Price $98.83 Est. Cost/Share $107.07 Unrealized @ Report Date -7.7%

ORCL ORACLE CORP 0.1%

Value $282K Shares 2,052 Share Price $137.30 Est. Cost/Share $144.46 Unrealized @ Report Date -5.0%

JPM JPMORGAN CHASE & CO 0.2%

Value $814K Shares 2,462 Share Price $330.79 Est. Cost/Share $303.48 Unrealized @ Report Date +9.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
META	META PLATFORMS INC	36,105	$26.18M	5.0%	$725.18	$521.33	+39.1%	CL A	30303M102
ILMN	ILLUMINA INC	39,133	$10.71M	2.0%	$273.68	$121.72	+124.8%	COM	452327109
PANW	PALO ALTO NETWORKS INC	55,305	$21.97M	4.2%	$397.31	$183.31	+116.7%	COM	697435105
ULTA	ULTA BEAUTY INC	21,164	$11.56M	2.2%	$546.17	$375.44	+45.5%	COM	90384S303
AMZN	AMAZON COM INC	125,918	$31.37M	6.0%	$249.15	$183.87	+35.5%	COM	023135106
LLY	ELI LILLY & CO	17,595	$20.36M	3.9%	$1157.06	$889.44	+30.1%	COM	532457108
ADBE	ADOBE INC	22,664	$5.438M	1.0%	$239.94	$540.90	-55.6%	COM	00724F101
LULU	LULULEMON ATHLETICA INC	40,035	$3.851M	0.7%	$96.19	$281.24	-65.8%	COM	550021109
CB	CHUBB LIMITED	30,930	$10.06M	1.9%	$325.25	$270.79	+20.1%	COM	H1467J104
MELI	MERCADOLIBRE INC	11,727	$20.27M	3.9%	$1728.53	$1885.32	-8.3%	COM	58733R102
SBUX	STARBUCKS CORP	44,221	$4.155M	0.8%	$93.96	$83.58	+12.4%	COM	855244109
COST	COSTCO WHOLESALE CORPORATION	1,268	$1.154M	0.2%	$910.34	$864.12	+5.3%	COM	22160K105
DE	DEERE & CO	907	$609K	0.1%	$671.55	$369.25	+81.9%	COM	244199105
JNJ	JOHNSON & JOHNSON	3,207	$849K	0.2%	$264.74	$152.51	+73.6%	COM	478160104
NUE	NUCOR CORP	2,275	$532K	0.1%	$233.75	$146.81	+59.2%	COM	670346105
ABT	ABBOTT LABORATORIES	2,905	$287K	0.1%	$98.83	$107.07	-7.7%	COM	002824100
ORCL	ORACLE CORP	2,052	$282K	0.1%	$137.30	$144.46	-5.0%	COM	68389X105
JPM	JPMORGAN CHASE & CO	2,462	$814K	0.2%	$330.79	$303.48	+9.0%	COM	46625H100