Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RVMD	REVOLUTION MEDICINES INC	33,205	$6.219M	1.6%	$187.29	—	—	76155X100
FPS	FORGENT POWER SOLUTIONS INC	86,290	$4.82M	1.2%	$55.86	—	—	34631F102
IBM	INTERNATIONAL BUSINESS MACHINE	16,625	$4.675M	1.2%	$281.20	—	—	459200101
NOK	NOKIA	103,190	$1.37M	0.3%	$13.28	—	—	654902204
FVR	FRONTVIEW REIT INC	61,350	$1.241M	0.3%	$20.23	—	—	35922N100
FBIO	FORTRESS BIOTECH UNIT, COMMON ⚠	171,803	$526K	0.1%	$5.02	—	—	34960Q307
ASYS	AMTECH SYSTEMS INC	22,075	$509K	0.1%	$23.06	—	—	032332504
OGE	OGE ENERGY CORP	8,500	$414K	0.1%	$48.71	—	—	670837103
INTC	INTEL	2,570	$359K	0.1%	$139.69	—	—	458140100
SIVEF	SIVERS SEMICONDUCTORS AB REGIS	45,125	$302K	0.1%	$6.69	—	—	W83314109
XRN	CHIRON REAL ESTATE INC	7,500	$281K	0.1%	$37.47	—	—	37954A303
LRCX	LAM RESEARCH CORP	569	$247K	0.1%	$434.09	—	—	512807306
DIN	DINE BRANDS GLOBAL INC	6,750	$242K	0.1%	$35.85	—	—	254423106
HON	HONEYWELL TECHNOLOGIES	982	$220K	0.1%	$224.03	—	—	438516205
HONA	HONEYWELL AEROSPACE INC	982	$217K	0.1%	$220.98	—	—	43849R105
BZFD	BUZZFEED INC CL A	15,000	$22,000	0.0%	$1.47	—	—	12430A300

Increased Positions (23)

AMD ADVANCED MICRO DEVICES INC COM 5.3%

Value $20.86M (+280.6%) Shares 35,913 (+33.3%) Est. Cost $256.23 Unrealized —

MDGL MADRIGAL PHARMACEUTICALS INC 2.0%

Value $8.027M (+283.3%) Shares 14,950 (+273.8%) Est. Cost $410.49 Unrealized —

WLFC WILLIS LEASE FINANCIAL CORP 1.1%

Value $4.248M (+100.1%) Shares 18,565 (+48.9%) Est. Cost $197.77 Unrealized —

— PITNEY BOWES SER B 6.70 0.3%

Value $1.378M (+122.3%) Shares 70,000 (+116.7%) Est. Cost $19.46 Unrealized —

— BABCOCK & WILCOX SER A 7.75 0.3%

Value $1.134M (+81.7%) Shares 51,500 (+58.5%) Est. Cost $20.24 Unrealized —

CGEH CAPSTONE ENERGY INC 0.2%

Value $641K (+288.5%) Shares 69,700 (+130.4%) Est. Cost $6.96 Unrealized —

— VALLEY NATL BANCORP PFD SER C 0.3%

Value $1.161M (+57.7%) Shares 45,700 (+57.0%) Est. Cost $25.33 Unrealized —

— TELEPHONE & DATA SYSTEMS SER U 0.4%

Value $1.738M (+30.0%) Shares 85,700 (+28.3%) Est. Cost $20.07 Unrealized —

GSBD GOLDMAN SACHS BDC INC 0.2%

Value $975K (+59.3%) Shares 102,900 (+49.2%) Est. Cost $13.30 Unrealized —

AVGO BROADCOM INC 0.2%

Value $604K (+116.5%) Shares 1,600 (+77.8%) Est. Cost $337.13 Unrealized —

— PEBBLEBROOK HOTEL TR PFD SER G 0.4%

Value $1.781M (+20.9%) Shares 90,550 (+19.2%) Est. Cost $20.06 Unrealized —

MSDL MORGAN STANLEY DIRECT LENDING 0.4%

Value $1.705M (+16.8%) Shares 112,750 (+7.8%) Est. Cost $17.84 Unrealized —

TGEN TECOGEN INC 0.1%

Value $282K (+526.7%) Shares 54,050 (+206.2%) Est. Cost $4.62 Unrealized —

— VORNADO REALTY SER N 5.25 0.4%

Value $1.471M (+12.3%) Shares 83,100 (+3.1%) Est. Cost $16.69 Unrealized —

ONDS ONDAS HOLDINGS 0.1%

Value $294K (+94.7%) Shares 35,700 (+113.1%) Est. Cost $7.63 Unrealized —

— PEBBLEBROOK HOTEL TR PFD SER H 0.2%

Value $811K (+21.2%) Shares 46,250 (+20.3%) Est. Cost $19.84 Unrealized —

— SL GREEN REALTY CORP PFD I 6.5 0.3%

Value $1.028M (+14.5%) Shares 48,750 (+10.2%) Est. Cost $20.89 Unrealized —

BXMT BLACKSTONE MORTGAGE TRUST INC 0.9%

Value $3.473M (+3.8%) Shares 204,900 (+17.3%) Est. Cost $18.80 Unrealized —

HBEIF HONEY BADGER SILVER INC 0.0%

Value $160K (+290.2%) Shares 300,000 (+50.0%) Est. Cost $0.28 Unrealized —

NEE NEXTERA ENERGY INC 2.3%

Value $9.149M (-1.2%) Shares 104,234 (+4.5%) Est. Cost $64.44 Unrealized —

— HOVNANIAN ENTERPRISES SER A 7. 0.2%

Value $681K (+16.4%) Shares 33,050 (+15.8%) Est. Cost $20.74 Unrealized —

OTLY OATLY GROUP AB 0.1%

Value $318K (+30.9%) Shares 34,000 (+41.7%) Est. Cost $9.69 Unrealized —

PSKY PARAMOUNT SKYDANCE CORP 0.0%

Value $163K (+81.1%) Shares 16,500 (+65.0%) Est. Cost $12.68 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC COM	35,913 (+33.3%)	$20.86M (+280.6%)	5.3%	$256.23	—	—	007903107
MDGL	MADRIGAL PHARMACEUTICALS INC	14,950 (+273.8%)	$8.027M (+283.3%)	2.0%	$410.49	—	—	558868105
WLFC	WILLIS LEASE FINANCIAL CORP	18,565 (+48.9%)	$4.248M (+100.1%)	1.1%	$197.77	—	—	970646105
—	PITNEY BOWES SER B 6.70	70,000 (+116.7%)	$1.378M (+122.3%)	0.3%	$19.46	—	—	724479506
—	BABCOCK & WILCOX SER A 7.75	51,500 (+58.5%)	$1.134M (+81.7%)	0.3%	$20.24	—	—	05614L407
CGEH	CAPSTONE ENERGY INC	69,700 (+130.4%)	$641K (+288.5%)	0.2%	$6.96	—	—	14067D607
—	VALLEY NATL BANCORP PFD SER C	45,700 (+57.0%)	$1.161M (+57.7%)	0.3%	$25.33	—	—	919794404
—	TELEPHONE & DATA SYSTEMS SER U	85,700 (+28.3%)	$1.738M (+30.0%)	0.4%	$20.07	—	—	879433787
GSBD	GOLDMAN SACHS BDC INC	102,900 (+49.2%)	$975K (+59.3%)	0.2%	$13.30	—	—	38147U107
AVGO	BROADCOM INC	1,600 (+77.8%)	$604K (+116.5%)	0.2%	$337.13	—	—	11135F101
—	PEBBLEBROOK HOTEL TR PFD SER G	90,550 (+19.2%)	$1.781M (+20.9%)	0.4%	$20.06	—	—	70509V803
MSDL	MORGAN STANLEY DIRECT LENDING	112,750 (+7.8%)	$1.705M (+16.8%)	0.4%	$17.84	—	—	61774A103
TGEN	TECOGEN INC	54,050 (+206.2%)	$282K (+526.7%)	0.1%	$4.62	—	—	87876P201
—	VORNADO REALTY SER N 5.25	83,100 (+3.1%)	$1.471M (+12.3%)	0.4%	$16.69	—	—	929042810
ONDS	ONDAS HOLDINGS	35,700 (+113.1%)	$294K (+94.7%)	0.1%	$7.63	—	—	68236H204
—	PEBBLEBROOK HOTEL TR PFD SER H	46,250 (+20.3%)	$811K (+21.2%)	0.2%	$19.84	—	—	70509V886
—	SL GREEN REALTY CORP PFD I 6.5	48,750 (+10.2%)	$1.028M (+14.5%)	0.3%	$20.89	—	—	78440X507
BXMT	BLACKSTONE MORTGAGE TRUST INC	204,900 (+17.3%)	$3.473M (+3.8%)	0.9%	$18.80	—	—	09257W100
HBEIF	HONEY BADGER SILVER INC	300,000 (+50.0%)	$160K (+290.2%)	0.0%	$0.28	—	—	438340200
NEE	NEXTERA ENERGY INC	104,234 (+4.5%)	$9.149M (-1.2%)	2.3%	$64.44	—	—	65339F101
—	HOVNANIAN ENTERPRISES SER A 7.	33,050 (+15.8%)	$681K (+16.4%)	0.2%	$20.74	—	—	442487112
OTLY	OATLY GROUP AB	34,000 (+41.7%)	$318K (+30.9%)	0.1%	$9.69	—	—	67421J207
PSKY	PARAMOUNT SKYDANCE CORP	16,500 (+65.0%)	$163K (+81.1%)	0.0%	$12.68	—	—	69932A204

Exited Positions (5)

FTAI V8.25 PERP C FTAI AVIATION PFD SER C 8.25 0.2%

Value $798K Shares 31,700 Est. Cost $25.70 Unrealized —

HON HONEYWELL INTL INC 0.1%

Value $474K Shares 2,098 Est. Cost $200.26 Unrealized —

BX BLACKSTONE INC 0.1%

Value $296K Shares 2,578 Est. Cost $138.48 Unrealized —

BKU BANKUNITED INC 0.1%

Value $248K Shares 5,500 Est. Cost $47.82 Unrealized —

LITE LUMENTUM HLDGS INC 0.1%

Value $229K Shares 326 Est. Cost $467.14 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FTAI V8.25 PERP C	FTAI AVIATION PFD SER C 8.25	31,700	$798K	0.2%	$25.70	—	—	G3730V139
HON	HONEYWELL INTL INC	2,098	$474K	0.1%	$200.26	—	—	438516106
BX	BLACKSTONE INC	2,578	$296K	0.1%	$138.48	—	—	09260D107
BKU	BANKUNITED INC	5,500	$248K	0.1%	$47.82	—	—	06652K103
LITE	LUMENTUM HLDGS INC	326	$229K	0.1%	$467.14	—	—	55024U109

Decreased Positions (45)

AAPL APPLE 19.6%

Value $77.56M (+12.1%) Shares 268,034 (-1.7%) Est. Cost $92.16 Unrealized —

CBRE CBRE GROUP 0.4%

Value $1.443M (-73.9%) Shares 10,716 (-73.8%) Est. Cost $129.98 Unrealized —

DELL DELL TECHNOLOGIES INC 1.8%

Value $7.003M (+104.2%) Shares 16,230 (-22.3%) Est. Cost $132.89 Unrealized —

GOOG ALPHABET INC CL C 4.9%

Value $19.49M (+20.9%) Shares 55,158 (-1.8%) Est. Cost $108.56 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG CO 3.1%

Value $12.38M (+32.1%) Shares 25,931 (-6.5%) Est. Cost $165.46 Unrealized —

COF CAPITAL ONE FINANCIAL 1.5%

Value $6.11M (-33.0%) Shares 30,458 (-39.1%) Est. Cost $194.41 Unrealized —

FCX FREEPORT MCMORAN, INC. CL B 1.5%

Value $6.075M (-31.4%) Shares 96,600 (-35.9%) Est. Cost $29.82 Unrealized —

AMZN AMAZON.COM 5.3%

Value $20.86M (+11.4%) Shares 87,537 (-2.7%) Est. Cost $120.84 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 1.8%

Value $6.967M (-22.9%) Shares 62,030 (-10.1%) Est. Cost $99.58 Unrealized —

ZS ZSCALER 0.2%

Value $639K (-74.3%) Shares 4,530 (-74.5%) Est. Cost $241.10 Unrealized —

EQT EQT CORP 1.3%

Value $5.214M (-26.1%) Shares 98,055 (-11.5%) Est. Cost $50.54 Unrealized —

C CITIGROUP INC 2.8%

Value $11.21M (+17.9%) Shares 80,125 (-4.5%) Est. Cost $69.63 Unrealized —

HESAY HERMES INTERNATIONAL ADR 0.1%

Value $565K (-71.6%) Shares 3,085 (-70.6%) Est. Cost $244.17 Unrealized —

BXSL BLACKSTONE SECURED LENDING FUN 1.3%

Value $5.038M (-19.7%) Shares 212,500 (-19.8%) Est. Cost $19.60 Unrealized —

SLM SLM CORP 0.9%

Value $3.519M (-22.9%) Shares 135,650 (-36.3%) Est. Cost $22.32 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC CL A 0.5%

Value $2.005M (-34.1%) Shares 17,181 (-17.4%) Est. Cost $51.74 Unrealized —

CEG CONSTELLATION ENERGY CORP 0.9%

Value $3.611M (-22.2%) Shares 14,538 (-12.5%) Est. Cost $301.15 Unrealized —

CRM SALESFORCE INC. 0.4%

Value $1.77M (-35.5%) Shares 11,300 (-23.2%) Est. Cost $248.17 Unrealized —

AMLP ALERIAN MLP ETF 2.2%

Value $8.771M (-6.7%) Shares 169,155 (-5.3%) Est. Cost $36.20 Unrealized —

XLE ENERGY SELECT SECTOR SPDR 0.5%

Value $1.834M (-19.8%) Shares 34,525 (-7.6%) Est. Cost $61.26 Unrealized —

FBIO FORTRESS BIOTECH INC ⚠ 0.1%

Value $409K (-52.0%) Shares 133,666 (-56.2%) Est. Cost $5.02 Unrealized —

CB CHUBB LTD 0.4%

Value $1.422M (-23.5%) Shares 4,174 (-26.8%) Est. Cost $198.05 Unrealized —

WCC WESCO INTL INC 0.5%

Value $2.017M (-14.6%) Shares 5,840 (-32.4%) Est. Cost $288.37 Unrealized —

— SYNCHRONY FINANCIAL SER B 8.25 1.3%

Value $5.214M (-5.9%) Shares 201,530 (-8.4%) Est. Cost $25.34 Unrealized —

UNTC UNIT CORP 0.2%

Value $807K (-27.7%) Shares 25,800 (-20.1%) Est. Cost $41.08 Unrealized —

GBDC GOLUB CAPITAL BDC INC 0.7%

Value $2.882M (-9.4%) Shares 223,750 (-11.0%) Est. Cost $11.38 Unrealized —

— SLM CORP PFD SER B 5.626 1.3%

Value $5.271M (-5.1%) Shares 71,325 (-5.8%) Est. Cost $67.08 Unrealized —

FTAI V9.5 PERP D FTAI AVIATION PFD SER D 9.5 1.0%

Value $4.115M (-5.4%) Shares 150,130 (-6.7%) Est. Cost $26.23 Unrealized —

HOOD ROBINHOOD MKTS INC COM CL A 0.2%

Value $745K (+42.7%) Shares 7,432 (-1.3%) Est. Cost $14.02 Unrealized —

GLPI GAMING AND LEISURE PROPERTIES, 0.2%

Value $666K (-22.8%) Shares 14,952 (-23.1%) Est. Cost $41.43 Unrealized —

CORZ CORE SCIENTIFIC INC 0.1%

Value $444K (+46.5%) Shares 17,350 (-14.4%) Est. Cost $11.08 Unrealized —

URGN UROGEN PHARMA LTD 0.1%

Value $322K (+66.8%) Shares 8,750 (-18.6%) Est. Cost $33.33 Unrealized —

— APOLLO GLOBAL MGMT PFD 7.625 0.4%

Value $1.492M (-7.2%) Shares 58,500 (-7.4%) Est. Cost $26.08 Unrealized —

DAC DANAOS CORP 0.4%

Value $1.498M (-6.9%) Shares 12,240 (-14.3%) Est. Cost $98.19 Unrealized —

PANW PALO ALTO NETWORKS INC 0.1%

Value $297K (+58.8%) Shares 872 (-25.4%) Est. Cost $172.15 Unrealized —

— LINCOLN NATIONAL CO PFD SER D 0.5%

Value $2.129M (-3.6%) Shares 81,775 (-3.3%) Est. Cost $27.11 Unrealized —

CI CIGNA GROUP 1.0%

Value $4.112M (-1.8%) Shares 14,917 (-4.9%) Est. Cost $230.41 Unrealized —

OCC OPTICAL CABLE CORP 0.1%

Value $306K (+31.9%) Shares 14,600 (-48.1%) Est. Cost $6.54 Unrealized —

— JACKSON FINANCIAL SER A 8 0.6%

Value $2.355M (-2.5%) Shares 93,350 (-3.6%) Est. Cost $25.85 Unrealized —

L LOEWS CORP 0.2%

Value $862K (-6.3%) Shares 7,615 (-11.7%) Est. Cost $98.11 Unrealized —

WM WASTE MANAGEMENT INC 0.1%

Value $253K (-14.8%) Shares 1,133 (-12.4%) Est. Cost $224.12 Unrealized —

LXP LXP INDUSTRIAL TRUST 1.6%

Value $6.215M (+0.6%) Shares 115,355 (-13.6%) Est. Cost $49.27 Unrealized —

— AFFILIATED MANAGERS GROUP PFD 0.5%

Value $1.858M (-1.8%) Shares 81,000 (-4.1%) Est. Cost $23.68 Unrealized —

SOLS SOLSTICE ADVANCED MATERIALS IN 0.1%

Value $252K (-7.7%) Shares 2,843 (-20.7%) Est. Cost $65.21 Unrealized —

OSUR ORASURE TECHNOLOGIES 0.0%

Value $67,000 (-10.7%) Shares 15,000 (-40.0%) Est. Cost $4.94 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	268,034 (-1.7%)	$77.56M (+12.1%)	19.6%	$92.16	—	—	037833100
CBRE	CBRE GROUP	10,716 (-73.8%)	$1.443M (-73.9%)	0.4%	$129.98	—	—	12504L109
DELL	DELL TECHNOLOGIES INC	16,230 (-22.3%)	$7.003M (+104.2%)	1.8%	$132.89	—	—	24703L202
GOOG	ALPHABET INC CL C	55,158 (-1.8%)	$19.49M (+20.9%)	4.9%	$108.56	—	—	02079K107
TSM	TAIWAN SEMICONDUCTOR MFG CO	25,931 (-6.5%)	$12.38M (+32.1%)	3.1%	$165.46	—	—	874039100
COF	CAPITAL ONE FINANCIAL	30,458 (-39.1%)	$6.11M (-33.0%)	1.5%	$194.41	—	—	14040H105
FCX	FREEPORT MCMORAN, INC. CL B	96,600 (-35.9%)	$6.075M (-31.4%)	1.5%	$29.82	—	—	35671D857
AMZN	AMAZON.COM	87,537 (-2.7%)	$20.86M (+11.4%)	5.3%	$120.84	—	—	023135106
WPM	WHEATON PRECIOUS METALS CORP	62,030 (-10.1%)	$6.967M (-22.9%)	1.8%	$99.58	—	—	962879102
ZS	ZSCALER	4,530 (-74.5%)	$639K (-74.3%)	0.2%	$241.10	—	—	98980G102
EQT	EQT CORP	98,055 (-11.5%)	$5.214M (-26.1%)	1.3%	$50.54	—	—	26884L109
C	CITIGROUP INC	80,125 (-4.5%)	$11.21M (+17.9%)	2.8%	$69.63	—	—	172967424
HESAY	HERMES INTERNATIONAL ADR	3,085 (-70.6%)	$565K (-71.6%)	0.1%	$244.17	—	—	42751Q105
BXSL	BLACKSTONE SECURED LENDING FUN	212,500 (-19.8%)	$5.038M (-19.7%)	1.3%	$19.60	—	—	09261X102
SLM	SLM CORP	135,650 (-36.3%)	$3.519M (-22.9%)	0.9%	$22.32	—	—	78442P106
PLTR	PALANTIR TECHNOLOGIES INC CL A	17,181 (-17.4%)	$2.005M (-34.1%)	0.5%	$51.74	—	—	69608A108
CEG	CONSTELLATION ENERGY CORP	14,538 (-12.5%)	$3.611M (-22.2%)	0.9%	$301.15	—	—	21037T109
CRM	SALESFORCE INC.	11,300 (-23.2%)	$1.77M (-35.5%)	0.4%	$248.17	—	—	79466L302
AMLP	ALERIAN MLP ETF	169,155 (-5.3%)	$8.771M (-6.7%)	2.2%	$36.20	—	—	00162Q452
XLE	ENERGY SELECT SECTOR SPDR	34,525 (-7.6%)	$1.834M (-19.8%)	0.5%	$61.26	—	—	81369Y506
FBIO	FORTRESS BIOTECH INC ⚠	133,666 (-56.2%)	$409K (-52.0%)	0.1%	$5.02	—	—	34960Q307
CB	CHUBB LTD	4,174 (-26.8%)	$1.422M (-23.5%)	0.4%	$198.05	—	—	H1467J104
WCC	WESCO INTL INC	5,840 (-32.4%)	$2.017M (-14.6%)	0.5%	$288.37	—	—	95082P105
—	SYNCHRONY FINANCIAL SER B 8.25	201,530 (-8.4%)	$5.214M (-5.9%)	1.3%	$25.34	—	—	87165B400
UNTC	UNIT CORP	25,800 (-20.1%)	$807K (-27.7%)	0.2%	$41.08	—	—	909218406
GBDC	GOLUB CAPITAL BDC INC	223,750 (-11.0%)	$2.882M (-9.4%)	0.7%	$11.38	—	—	38173M102
—	SLM CORP PFD SER B 5.626	71,325 (-5.8%)	$5.271M (-5.1%)	1.3%	$67.08	—	—	78442P502
FTAI V9.5 PERP D	FTAI AVIATION PFD SER D 9.5	150,130 (-6.7%)	$4.115M (-5.4%)	1.0%	$26.23	—	—	G3730V147
HOOD	ROBINHOOD MKTS INC COM CL A	7,432 (-1.3%)	$745K (+42.7%)	0.2%	$14.02	—	—	770700102
GLPI	GAMING AND LEISURE PROPERTIES,	14,952 (-23.1%)	$666K (-22.8%)	0.2%	$41.43	—	—	36467J108
CORZ	CORE SCIENTIFIC INC	17,350 (-14.4%)	$444K (+46.5%)	0.1%	$11.08	—	—	21874A106
URGN	UROGEN PHARMA LTD	8,750 (-18.6%)	$322K (+66.8%)	0.1%	$33.33	—	—	M96088105
—	APOLLO GLOBAL MGMT PFD 7.625	58,500 (-7.4%)	$1.492M (-7.2%)	0.4%	$26.08	—	—	03769M205
DAC	DANAOS CORP	12,240 (-14.3%)	$1.498M (-6.9%)	0.4%	$98.19	—	—	Y1968P121
PANW	PALO ALTO NETWORKS INC	872 (-25.4%)	$297K (+58.8%)	0.1%	$172.15	—	—	697435105
—	LINCOLN NATIONAL CO PFD SER D	81,775 (-3.3%)	$2.129M (-3.6%)	0.5%	$27.11	—	—	534187885
CI	CIGNA GROUP	14,917 (-4.9%)	$4.112M (-1.8%)	1.0%	$230.41	—	—	125523100
OCC	OPTICAL CABLE CORP	14,600 (-48.1%)	$306K (+31.9%)	0.1%	$6.54	—	—	683827208
—	JACKSON FINANCIAL SER A 8	93,350 (-3.6%)	$2.355M (-2.5%)	0.6%	$25.85	—	—	46817M206
L	LOEWS CORP	7,615 (-11.7%)	$862K (-6.3%)	0.2%	$98.11	—	—	540424108
WM	WASTE MANAGEMENT INC	1,133 (-12.4%)	$253K (-14.8%)	0.1%	$224.12	—	—	94106L109
LXP	LXP INDUSTRIAL TRUST	115,355 (-13.6%)	$6.215M (+0.6%)	1.6%	$49.27	—	—	529043408
—	AFFILIATED MANAGERS GROUP PFD	81,000 (-4.1%)	$1.858M (-1.8%)	0.5%	$23.68	—	—	008252827
SOLS	SOLSTICE ADVANCED MATERIALS IN	2,843 (-20.7%)	$252K (-7.7%)	0.1%	$65.21	—	—	83443Q103
OSUR	ORASURE TECHNOLOGIES	15,000 (-40.0%)	$67,000 (-10.7%)	0.0%	$4.94	—	—	68554V108

Unchanged Positions (30)

INCY INCYTE 2.7%

Value $10.53M Shares 92,875 Est. Cost $59.32 Unrealized —

RY ROYAL BANK OF CANADA 1.4%

Value $5.441M Shares 26,290 Est. Cost $96.50 Unrealized —

BAC BANK OF AMERICA 1.7%

Value $6.815M Shares 119,595 Est. Cost $17.24 Unrealized —

GLD SPDR GOLD TRUST 1.1%

Value $4.334M Shares 11,766 Est. Cost $180.18 Unrealized —

VONG VANGUARD RUSSELL 1000 GROWTH I 0.8%

Value $3.004M Shares 23,500 Est. Cost $54.21 Unrealized —

LIN LINDE PLC NEW 2.5%

Value $9.784M Shares 18,854 Est. Cost $322.30 Unrealized —

AXON AXON ENTERPRISE INC 0.4%

Value $1.682M Shares 3,000 Est. Cost $63.28 Unrealized —

GOOGL ALPHABET INC CAP STK CL A 0.1%

Value $552K Shares 1,544 Est. Cost $175.66 Unrealized —

— VORNADO REALTY SER M 5.25 0.3%

Value $1.028M Shares 57,250 Est. Cost $16.71 Unrealized —

JPM JP MORGAN CHASE & CO 0.2%

Value $834K Shares 2,549 Est. Cost $170.38 Unrealized —

LLY ELI LILLY & CO 0.1%

Value $341K Shares 284 Est. Cost $704.24 Unrealized —

CRWV COREWEAVE INC 0.1%

Value $314K Shares 3,150 Est. Cost $118.31 Unrealized —

MCD MCDONALDS 0.1%

Value $472K Shares 1,745 Est. Cost $96.13 Unrealized —

COST COSTCO WHOLESALE CORP 0.3%

Value $1.043M Shares 1,115 Est. Cost $126.86 Unrealized —

— EATON VANCE TAX ADV DIVID INCO 0.1%

Value $554K Shares 20,000 Est. Cost $24.45 Unrealized —

NVDA NVIDIA CORP 0.1%

Value $422K Shares 2,110 Est. Cost $174.29 Unrealized —

PEP PEPSICO INC 0.1%

Value $278K Shares 2,050 Est. Cost $112.78 Unrealized —

— EATON VANCE TAX MANAGED GLOBAL 0.1%

Value $435K Shares 45,100 Est. Cost $9.05 Unrealized —

— EATON VANCE TAX ADV GLOBAL DIV 0.1%

Value $247K Shares 10,500 Est. Cost $21.14 Unrealized —

BRK/A BERKSHIRE HATHAWAY DEL CL A 0.2%

Value $749K Shares 1 Est. Cost $165023.42 Unrealized —

— EATON VANCE DIVERSIFIED EQUITY 0.1%

Value $580K Shares 39,865 Est. Cost $15.90 Unrealized —

— EATON VANCE TAX MANAGED BUY-WR 0.1%

Value $343K Shares 23,075 Est. Cost $14.26 Unrealized —

MSFT MICROSOFT 2.9%

Value $11.35M Shares 30,435 Est. Cost $166.57 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value $483K Shares 1,900 Est. Cost $86.68 Unrealized —

EPD ENTERPRISE PRODUCTS PARTNERS L 0.1%

Value $312K Shares 8,500 Est. Cost $28.18 Unrealized —

— GREEN BRICK PARTNERS PFD SER A 0.2%

Value $747K Shares 34,400 Est. Cost $19.91 Unrealized —

COTY COTY INC 0.0%

Value $124K Shares 57,500 Est. Cost $6.30 Unrealized —

ALLO ALLOGENE THERAPEUTICS INC 0.0%

Value $33,000 Shares 15,750 Est. Cost $28.46 Unrealized —

PG PROCTER & GAMBLE 0.1%

Value $248K Shares 1,690 Est. Cost $111.72 Unrealized —

DHR DANAHER CORP COM 0.2%

Value $908K Shares 4,767 Est. Cost $70.08 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INCY	INCYTE	92,875	$10.53M	2.7%	$59.32	—	—	45337C102
RY	ROYAL BANK OF CANADA	26,290	$5.441M	1.4%	$96.50	—	—	780087102
BAC	BANK OF AMERICA	119,595	$6.815M	1.7%	$17.24	—	—	060505104
GLD	SPDR GOLD TRUST	11,766	$4.334M	1.1%	$180.18	—	—	78463V107
VONG	VANGUARD RUSSELL 1000 GROWTH I	23,500	$3.004M	0.8%	$54.21	—	—	92206C680
LIN	LINDE PLC NEW	18,854	$9.784M	2.5%	$322.30	—	—	G54950103
AXON	AXON ENTERPRISE INC	3,000	$1.682M	0.4%	$63.28	—	—	05464C101
GOOGL	ALPHABET INC CAP STK CL A	1,544	$552K	0.1%	$175.66	—	—	02079K305
—	VORNADO REALTY SER M 5.25	57,250	$1.028M	0.3%	$16.71	—	—	929042828
JPM	JP MORGAN CHASE & CO	2,549	$834K	0.2%	$170.38	—	—	46625H100
LLY	ELI LILLY & CO	284	$341K	0.1%	$704.24	—	—	532457108
CRWV	COREWEAVE INC	3,150	$314K	0.1%	$118.31	—	—	21873S108
MCD	MCDONALDS	1,745	$472K	0.1%	$96.13	—	—	580135101
COST	COSTCO WHOLESALE CORP	1,115	$1.043M	0.3%	$126.86	—	—	22160K105
—	EATON VANCE TAX ADV DIVID INCO	20,000	$554K	0.1%	$24.45	—	—	27828G107
NVDA	NVIDIA CORP	2,110	$422K	0.1%	$174.29	—	—	67066G104
PEP	PEPSICO INC	2,050	$278K	0.1%	$112.78	—	—	713448108
—	EATON VANCE TAX MANAGED GLOBAL	45,100	$435K	0.1%	$9.05	—	—	27829C105
—	EATON VANCE TAX ADV GLOBAL DIV	10,500	$247K	0.1%	$21.14	—	—	27828S101
BRK/A	BERKSHIRE HATHAWAY DEL CL A	1	$749K	0.2%	$165023.42	—	—	084670108
—	EATON VANCE DIVERSIFIED EQUITY	39,865	$580K	0.1%	$15.90	—	—	27828N102
—	EATON VANCE TAX MANAGED BUY-WR	23,075	$343K	0.1%	$14.26	—	—	27828Y108
MSFT	MICROSOFT	30,435	$11.35M	2.9%	$166.57	—	—	594918104
JNJ	JOHNSON & JOHNSON	1,900	$483K	0.1%	$86.68	—	—	478160104
EPD	ENTERPRISE PRODUCTS PARTNERS L	8,500	$312K	0.1%	$28.18	—	—	293792107
—	GREEN BRICK PARTNERS PFD SER A	34,400	$747K	0.2%	$19.91	—	—	392709200
COTY	COTY INC	57,500	$124K	0.0%	$6.30	—	—	222070203
ALLO	ALLOGENE THERAPEUTICS INC	15,750	$33,000	0.0%	$28.46	—	—	019770106
PG	PROCTER & GAMBLE	1,690	$248K	0.1%	$111.72	—	—	742718109
DHR	DANAHER CORP COM	4,767	$908K	0.2%	$70.08	—	—	235851102