Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GDX	VANECK ETF TRUST	16,025	$1.209M	0.9%	$75.45	—	GOLD MINERS ETF	92189F106
TFLO	ISHARES TR	20,964	$1.061M	0.8%	$50.63	—	TRS FLT RT BD	46434V860
ABBV	ABBVIE INC	3,761	$946K	0.7%	$251.66	—	COM	00287Y109
MELI	MERCADOLIBRE INC	467	$793K	0.6%	$1697.39	—	COM	58733R102
VRTX	VERTEX PHARMACEUTICALS INC	1,568	$779K	0.6%	$496.73	—	COM	92532F100
AEP	AMERICAN ELEC PWR CO INC	5,666	$775K	0.6%	$136.81	—	COM	025537101
APH	AMPHENOL CORP	2,307	$407K	0.3%	$176.32	—	CL A	032095101
SPCX	SPACE EXPLORATION TECHN CORP	2,035	$348K	0.3%	$170.86	—	CLASS A COM STK	84615Q103
MUFG	MITSUBISHI UFJ FINANCIAL GRO	17,340	$345K	0.3%	$19.89	—	SPONSORED ADS	606822104
HEI	HEICO CORP NEW	941	$335K	0.2%	$356.19	—	COM	422806109
HSAI	HESAI GROUP	18,318	$334K	0.2%	$18.22	—	SPONSORED ADS	428050108
ETN	EATON CORP PLC	709	$302K	0.2%	$426.37	—	SHS	G29183103
KKR	KKR & CO INC	3,278	$301K	0.2%	$91.78	—	COM	48251W104
BDX	BECTON DICKINSON & CO	1,923	$291K	0.2%	$151.31	—	COM	075887109
TT	TRANE TECHNOLOGIES PLC	558	$274K	0.2%	$491.19	—	SHS	G8994E103
ZTS	ZOETIS INC	3,774	$271K	0.2%	$71.86	—	CL A	98978V103
PAC	GRUPO AEROPORTUNARIO DEL PAC	971	$246K	0.2%	$253.16	—	SPON ADS B	400506101
LLY	ELI LILLY & CO	202	$242K	0.2%	$1199.59	—	COM	532457108
IYW	ISHARES TR	942	$238K	0.2%	$252.28	—	U.S. TECH ETF	464287721
FDXF	FEDEX FGHT HLDG CO INC	1,542	$233K	0.2%	$151.00	—	COMMON STOCK	314352105

Increased Positions (42)

FLDR FIDELITY MERRIMACK STR TR 30.3%

Value $40.71M (+10.0%) Shares 812,484 (+9.9%) Est. Cost $50.22 Unrealized —

AAPL APPLE INC 4.3%

Value $5.749M (+111.8%) Shares 19,867 (+85.8%) Est. Cost $278.05 Unrealized —

MSFT MICROSOFT CORP 2.5%

Value $3.325M (+142.8%) Shares 8,913 (+140.9%) Est. Cost $415.65 Unrealized —

AMZN AMAZON COM INC 2.3%

Value $3.125M (+68.3%) Shares 13,110 (+47.0%) Est. Cost $231.71 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.1%

Value $2.811M (+46.7%) Shares 5,887 (+3.8%) Est. Cost $311.47 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value $1.258M (+215.1%) Shares 2,514 (+201.8%) Est. Cost $499.44 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.9%

Value $1.233M (+134.2%) Shares 2,968 (+52.5%) Est. Cost $357.19 Unrealized —

NRG NRG ENERGY INC 0.7%

Value $969K (+123.4%) Shares 6,635 (+123.5%) Est. Cost $153.70 Unrealized —

XOM EXXON MOBIL CORP 2.2%

Value $2.916M (-15.3%) Shares 21,330 (+5.1%) Est. Cost $120.08 Unrealized —

URI UNITED RENTALS INC 0.8%

Value $1.138M (+76.7%) Shares 1,004 (+13.6%) Est. Cost $905.31 Unrealized —

SCHW SCHWAB CHARLES CORP 1.1%

Value $1.527M (+46.7%) Shares 16,551 (+49.5%) Est. Cost $95.13 Unrealized —

ASML ASML HLDG NV 0.7%

Value $914K (+98.1%) Shares 459 (+31.5%) Est. Cost $1481.52 Unrealized —

COP CONOCOPHILLIPS 1.0%

Value $1.378M (-20.1%) Shares 13,260 (+1.5%) Est. Cost $92.25 Unrealized —

ALL ALLSTATE CORP 1.1%

Value $1.416M (+27.0%) Shares 5,952 (+10.7%) Est. Cost $206.31 Unrealized —

BAC BANK OF AMER CORP 1.2%

Value $1.582M (+22.6%) Shares 27,764 (+4.9%) Est. Cost $53.21 Unrealized —

KSPI KASPI KZ JSC 0.5%

Value $646K (+78.4%) Shares 7,457 (+52.5%) Est. Cost $80.83 Unrealized —

KO COCA COLA CO 1.2%

Value $1.618M (+17.8%) Shares 19,907 (+10.3%) Est. Cost $71.99 Unrealized —

FCX FREEPORT MCMORAN INC 1.1%

Value $1.508M (+16.5%) Shares 23,975 (+8.9%) Est. Cost $50.68 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.8%

Value $1.035M (+23.2%) Shares 1,023 (+3.0%) Est. Cost $862.53 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.6%

Value $825K (-18.5%) Shares 1,619 (+9.2%) Est. Cost $601.28 Unrealized —

CLS CELESTICA INC 0.3%

Value $440K (+61.5%) Shares 1,207 (+24.7%) Est. Cost $313.59 Unrealized —

COF CAPITAL ONE FINL CORP 0.9%

Value $1.158M (+16.3%) Shares 5,771 (+5.8%) Est. Cost $221.37 Unrealized —

PHM PULTE GROUP INC 0.7%

Value $965K (+18.6%) Shares 7,030 (+1.7%) Est. Cost $125.69 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.5%

Value $639K (-16.4%) Shares 1,025 (+3.5%) Est. Cost $712.19 Unrealized —

BTI BRITISH AMERN TOB PLC 0.3%

Value $402K (+42.3%) Shares 6,507 (+34.7%) Est. Cost $59.32 Unrealized —

UBS UBS GROUP AG 0.3%

Value $342K (+39.9%) Shares 6,908 (+10.3%) Est. Cost $45.93 Unrealized —

SAN BANCO SANTANDER SA 0.3%

Value $373K (+32.0%) Shares 27,041 (+7.9%) Est. Cost $11.46 Unrealized —

SMFG SUMITOMO MITSUI FIN GRP INC 0.3%

Value $363K (+32.0%) Shares 15,378 (+10.6%) Est. Cost $20.12 Unrealized —

VGT VANGUARD WORLD FD 0.2%

Value $310K (+37.2%) Shares 2,596 (+701.2%) Est. Cost $198.62 Unrealized —

TMUS T-MOBILE US INC 0.3%

Value $443K (-14.0%) Shares 2,642 (+7.7%) Est. Cost $204.50 Unrealized —

IR INGERSOLL RAND INC 0.5%

Value $628K (+11.3%) Shares 7,662 (+8.8%) Est. Cost $82.90 Unrealized —

APO APOLLO GLOBAL MGMT INC 0.5%

Value $728K (+8.7%) Shares 6,153 (+2.4%) Est. Cost $132.53 Unrealized —

V VISA INC 0.2%

Value $331K (+18.9%) Shares 965 (+4.7%) Est. Cost $339.34 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.8%

Value $1.052M (+5.2%) Shares 2,098 (+3.1%) Est. Cost $566.43 Unrealized —

BJ BJS WHSL CLUB HLDGS INC 0.4%

Value $522K (-8.0%) Shares 5,989 (+3.8%) Est. Cost $92.93 Unrealized —

CTVA CORTEVA INC 0.7%

Value $930K (+4.7%) Shares 10,981 (+3.5%) Est. Cost $67.86 Unrealized —

NEE NEXTERA ENERGY INC 0.8%

Value $1.054M (-3.8%) Shares 12,013 (+1.8%) Est. Cost $83.99 Unrealized —

FNV FRANCO NEV CORP 0.2%

Value $319K (-10.7%) Shares 1,529 (+5.7%) Est. Cost $243.75 Unrealized —

FER FERROVIAL NV 0.3%

Value $337K (+10.7%) Shares 4,914 (+4.9%) Est. Cost $64.46 Unrealized —

WCN WASTE CONNECTIONS INC 0.2%

Value $286K (+9.5%) Shares 1,714 (+6.7%) Est. Cost $171.89 Unrealized —

MA MASTERCARD INCORPORATED 0.2%

Value $264K (+6.8%) Shares 514 (+3.8%) Est. Cost $553.26 Unrealized —

KB KB FINL GROUP INC 0.2%

Value $222K (+8.0%) Shares 2,115 (+2.7%) Est. Cost $99.88 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLDR	FIDELITY MERRIMACK STR TR	812,484 (+9.9%)	$40.71M (+10.0%)	30.3%	$50.22	—	LOW DURTIN ETF	316188408
AAPL	APPLE INC	19,867 (+85.8%)	$5.749M (+111.8%)	4.3%	$278.05	—	COM	037833100
MSFT	MICROSOFT CORP	8,913 (+140.9%)	$3.325M (+142.8%)	2.5%	$415.65	—	COM	594918104
AMZN	AMAZON COM INC	13,110 (+47.0%)	$3.125M (+68.3%)	2.3%	$231.71	—	COM	023135106
TSM	TAIWAN SEMICONDUCTOR MANUFAC	5,887 (+3.8%)	$2.811M (+46.7%)	2.1%	$311.47	—	SPONSORED ADS	874039100
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,514 (+201.8%)	$1.258M (+215.1%)	0.9%	$499.44	—	CL B NEW	084670702
UNH	UNITEDHEALTH GROUP INC	2,968 (+52.5%)	$1.233M (+134.2%)	0.9%	$357.19	—	COM	91324P102
NRG	NRG ENERGY INC	6,635 (+123.5%)	$969K (+123.4%)	0.7%	$153.70	—	COM NEW	629377508
XOM	EXXON MOBIL CORP	21,330 (+5.1%)	$2.916M (-15.3%)	2.2%	$120.08	—	COM	30231G102
URI	UNITED RENTALS INC	1,004 (+13.6%)	$1.138M (+76.7%)	0.8%	$905.31	—	COM	911363109
SCHW	SCHWAB CHARLES CORP	16,551 (+49.5%)	$1.527M (+46.7%)	1.1%	$95.13	—	COM	808513105
ASML	ASML HLDG NV	459 (+31.5%)	$914K (+98.1%)	0.7%	$1481.52	—	N Y REGISTRY SHS	N07059210
COP	CONOCOPHILLIPS	13,260 (+1.5%)	$1.378M (-20.1%)	1.0%	$92.25	—	COM	20825C104
ALL	ALLSTATE CORP	5,952 (+10.7%)	$1.416M (+27.0%)	1.1%	$206.31	—	COM	020002101
BAC	BANK OF AMER CORP	27,764 (+4.9%)	$1.582M (+22.6%)	1.2%	$53.21	—	COM	060505104
KSPI	KASPI KZ JSC	7,457 (+52.5%)	$646K (+78.4%)	0.5%	$80.83	—	SPONSORED ADS	48581R205
KO	COCA COLA CO	19,907 (+10.3%)	$1.618M (+17.8%)	1.2%	$71.99	—	COM	191216100
FCX	FREEPORT MCMORAN INC	23,975 (+8.9%)	$1.508M (+16.5%)	1.1%	$50.68	—	CL B	35671D857
GS	GOLDMAN SACHS GROUP INC	1,023 (+3.0%)	$1.035M (+23.2%)	0.8%	$862.53	—	COM	38141G104
NOC	NORTHROP GRUMMAN CORP	1,619 (+9.2%)	$825K (-18.5%)	0.6%	$601.28	—	COM	666807102
CLS	CELESTICA INC	1,207 (+24.7%)	$440K (+61.5%)	0.3%	$313.59	—	COM	15101Q207
COF	CAPITAL ONE FINL CORP	5,771 (+5.8%)	$1.158M (+16.3%)	0.9%	$221.37	—	COM	14040H105
PHM	PULTE GROUP INC	7,030 (+1.7%)	$965K (+18.6%)	0.7%	$125.69	—	COM	745867101
REGN	REGENERON PHARMACEUTICALS	1,025 (+3.5%)	$639K (-16.4%)	0.5%	$712.19	—	COM	75886F107
BTI	BRITISH AMERN TOB PLC	6,507 (+34.7%)	$402K (+42.3%)	0.3%	$59.32	—	SPONSORED ADR	110448107
UBS	UBS GROUP AG	6,908 (+10.3%)	$342K (+39.9%)	0.3%	$45.93	—	SHS	H42097107
SAN	BANCO SANTANDER SA	27,041 (+7.9%)	$373K (+32.0%)	0.3%	$11.46	—	ADR	05964H105
SMFG	SUMITOMO MITSUI FIN GRP INC	15,378 (+10.6%)	$363K (+32.0%)	0.3%	$20.12	—	SPONSORED ADR	86562M209
VGT	VANGUARD WORLD FD	2,596 (+701.2%)	$310K (+37.2%)	0.2%	$198.62	—	INF TECH ETF	92204A702
TMUS	T-MOBILE US INC	2,642 (+7.7%)	$443K (-14.0%)	0.3%	$204.50	—	COM	872590104
IR	INGERSOLL RAND INC	7,662 (+8.8%)	$628K (+11.3%)	0.5%	$82.90	—	COM	45687V106
APO	APOLLO GLOBAL MGMT INC	6,153 (+2.4%)	$728K (+8.7%)	0.5%	$132.53	—	COM	03769M106
V	VISA INC	965 (+4.7%)	$331K (+18.9%)	0.2%	$339.34	—	COM CL A	92826C839
TMO	THERMO FISHER SCIENTIFIC INC	2,098 (+3.1%)	$1.052M (+5.2%)	0.8%	$566.43	—	COM	883556102
BJ	BJS WHSL CLUB HLDGS INC	5,989 (+3.8%)	$522K (-8.0%)	0.4%	$92.93	—	COM	05550J101
CTVA	CORTEVA INC	10,981 (+3.5%)	$930K (+4.7%)	0.7%	$67.86	—	COM	22052L104
NEE	NEXTERA ENERGY INC	12,013 (+1.8%)	$1.054M (-3.8%)	0.8%	$83.99	—	COM	65339F101
FNV	FRANCO NEV CORP	1,529 (+5.7%)	$319K (-10.7%)	0.2%	$243.75	—	COM	351858105
FER	FERROVIAL NV	4,914 (+4.9%)	$337K (+10.7%)	0.3%	$64.46	—	ORD SHS	N3168P101
WCN	WASTE CONNECTIONS INC	1,714 (+6.7%)	$286K (+9.5%)	0.2%	$171.89	—	COM	94106B101
MA	MASTERCARD INCORPORATED	514 (+3.8%)	$264K (+6.8%)	0.2%	$553.26	—	CL A	57636Q104
KB	KB FINL GROUP INC	2,115 (+2.7%)	$222K (+8.0%)	0.2%	$99.88	—	SPONSORED ADR	48241A105

Exited Positions (22)

ARCC ARES CAPITAL CORP 1.0%

Value $1.384M Shares 76,781 Est. Cost $20.01 Unrealized —

FLJP FRANKLIN TEMPLETON ETF TR 0.9%

Value $1.201M Shares 33,197 Est. Cost $34.53 Unrealized —

FXI ISHARES TR 0.8%

Value $1.043M Shares 29,047 Est. Cost $38.23 Unrealized —

BLK BLACKROCK INC 0.7%

Value $913K Shares 950 Est. Cost $1092.87 Unrealized —

PPL PPL CORP 0.5%

Value $703K Shares 18,396 Est. Cost $35.94 Unrealized —

SNY SANOFI SA 0.5%

Value $680K Shares 14,111 Est. Cost $48.36 Unrealized —

TER TERADYNE INC 0.4%

Value $520K Shares 1,755 Est. Cost $171.50 Unrealized —

FHLC FIDELITY COVINGTON TRUST 0.4%

Value $479K Shares 6,807 Est. Cost $73.58 Unrealized —

QCOM QUALCOMM INC 0.3%

Value $469K Shares 3,643 Est. Cost $164.52 Unrealized —

MCHP MICROCHIP TECHNOLOGY INC. 0.3%

Value $399K Shares 6,175 Est. Cost $61.35 Unrealized —

NVO NOVO-NORDISK A S 0.3%

Value $378K Shares 10,285 Est. Cost $44.58 Unrealized —

IBN ICICI BANK LIMITED 0.3%

Value $373K Shares 14,399 Est. Cost $29.80 Unrealized —

ABNB AIRBNB INC 0.3%

Value $348K Shares 2,757 Est. Cost $124.60 Unrealized —

CCJ CAMECO CORP 0.2%

Value $292K Shares 2,690 Est. Cost $116.28 Unrealized —

HDB HDFC BANK LTD 0.2%

Value $265K Shares 10,666 Est. Cost $36.54 Unrealized —

SHOP SHOPIFY INC 0.2%

Value $254K Shares 2,144 Est. Cost $160.56 Unrealized —

SNPS SYNOPSYS INC 0.2%

Value $241K Shares 609 Est. Cost $450.54 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.2%

Value $233K Shares 5,251 Est. Cost $53.17 Unrealized —

SPGI S&P GLOBAL INC 0.2%

Value $223K Shares 524 Est. Cost $492.58 Unrealized —

MCO MOODYS CORP 0.2%

Value $220K Shares 505 Est. Cost $489.58 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.2%

Value $213K Shares 1,699 Est. Cost $146.54 Unrealized —

CHTR CHARTER COMMUNICATIONS INC 0.2%

Value $210K Shares 971 Est. Cost $213.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
ARCC	ARES CAPITAL CORP	76,781	$1.384M	1.0%	$20.01	—	—	04010L103
FLJP	FRANKLIN TEMPLETON ETF TR	33,197	$1.201M	0.9%	$34.53	—	—	35473P744
FXI	ISHARES TR	29,047	$1.043M	0.8%	$38.23	—	—	464287184
BLK	BLACKROCK INC	950	$913K	0.7%	$1092.87	—	—	09290D101
PPL	PPL CORP	18,396	$703K	0.5%	$35.94	—	—	69351T106
SNY	SANOFI SA	14,111	$680K	0.5%	$48.36	—	—	80105N105
TER	TERADYNE INC	1,755	$520K	0.4%	$171.50	—	—	880770102
FHLC	FIDELITY COVINGTON TRUST	6,807	$479K	0.4%	$73.58	—	—	316092600
QCOM	QUALCOMM INC	3,643	$469K	0.3%	$164.52	—	—	747525103
MCHP	MICROCHIP TECHNOLOGY INC.	6,175	$399K	0.3%	$61.35	—	—	595017104
NVO	NOVO-NORDISK A S	10,285	$378K	0.3%	$44.58	—	—	670100205
IBN	ICICI BANK LIMITED	14,399	$373K	0.3%	$29.80	—	—	45104G104
ABNB	AIRBNB INC	2,757	$348K	0.3%	$124.60	—	—	009066101
CCJ	CAMECO CORP	2,690	$292K	0.2%	$116.28	—	—	13321L108
HDB	HDFC BANK LTD	10,666	$265K	0.2%	$36.54	—	—	40415F101
SHOP	SHOPIFY INC	2,144	$254K	0.2%	$160.56	—	—	82509L107
SNPS	SYNOPSYS INC	609	$241K	0.2%	$450.54	—	—	871607107
BAM	BROOKFIELD ASSET MANAGMT LTD	5,251	$233K	0.2%	$53.17	—	—	113004105
SPGI	S&P GLOBAL INC	524	$223K	0.2%	$492.58	—	—	78409V104
MCO	MOODYS CORP	505	$220K	0.2%	$489.58	—	—	615369105
BABA	ALIBABA GROUP HLDG LTD	1,699	$213K	0.2%	$146.54	—	—	01609W102
CHTR	CHARTER COMMUNICATIONS INC	971	$210K	0.2%	$213.73	—	—	16119P108

Decreased Positions (28)

AZN ASTRAZENECA PLC 0.7%

Value $1.001M (-47.6%) Shares 5,277 (-45.5%) Est. Cost $190.39 Unrealized —

JCI JOHNSON CONTROLS INTERNATION 0.2%

Value $225K (-74.8%) Shares 1,540 (-77.4%) Est. Cost $118.70 Unrealized —

OXY OCCIDENTAL PETE CORP 0.6%

Value $742K (-38.5%) Shares 15,270 (-17.7%) Est. Cost $41.59 Unrealized —

MCK MCKESSON CORP 0.6%

Value $855K (-34.1%) Shares 1,132 (-24.5%) Est. Cost $837.25 Unrealized —

GOOGL ALPHABET INC 0.9%

Value $1.206M (-25.7%) Shares 3,375 (-40.2%) Est. Cost $297.73 Unrealized —

FNCL FIDELITY COVINGTON TRUST 0.2%

Value $256K (-57.6%) Shares 3,340 (-61.1%) Est. Cost $76.42 Unrealized —

FDX FEDEX CORP 0.6%

Value $792K (-28.6%) Shares 2,528 (-18.8%) Est. Cost $289.60 Unrealized —

C CITIGROUP INC 1.7%

Value $2.294M (+15.5%) Shares 16,392 (-6.4%) Est. Cost $108.00 Unrealized —

CVX CHEVRON CORPORATION 0.6%

Value $749K (-27.1%) Shares 4,517 (-9.1%) Est. Cost $151.65 Unrealized —

LRCX LAM RESEARCH CORP 0.2%

Value $272K (-50.4%) Shares 627 (-75.5%) Est. Cost $155.36 Unrealized —

WMT WALMART INC 0.6%

Value $812K (-21.2%) Shares 7,173 (-13.6%) Est. Cost $107.20 Unrealized —

CSCO CISCO SYS INC 1.5%

Value $2.068M (+10.2%) Shares 17,607 (-27.2%) Est. Cost $75.33 Unrealized —

DFAE DIMENSIONAL ETF TRUST 0.2%

Value $317K (-35.0%) Shares 7,875 (-45.3%) Est. Cost $32.57 Unrealized —

META META PLATFORMS INC 0.2%

Value $335K (-33.0%) Shares 595 (-31.9%) Est. Cost $667.32 Unrealized —

FTEC FIDELITY COVINGTON TRUST 0.5%

Value $736K (+21.1%) Shares 2,576 (-11.8%) Est. Cost $224.65 Unrealized —

HLT HILTON WORLDWIDE HLDGS INC 1.1%

Value $1.457M (-7.7%) Shares 4,408 (-15.1%) Est. Cost $287.73 Unrealized —

SLB SLB LIMITED 0.3%

Value $358K (-23.7%) Shares 7,706 (-15.7%) Est. Cost $36.38 Unrealized —

PM PHILIP MORRIS INTL INC 1.0%

Value $1.37M (+8.1%) Shares 7,572 (-1.2%) Est. Cost $160.99 Unrealized —

CDNS CADENCE DESIGN SYSTEM INC 0.2%

Value $326K (+33.5%) Shares 868 (-1.1%) Est. Cost $322.54 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.4%

Value $602K (-11.8%) Shares 10,654 (-11.5%) Est. Cost $57.24 Unrealized —

EOG EOG RES INC 0.2%

Value $208K (-26.0%) Shares 1,605 (-17.5%) Est. Cost $107.32 Unrealized —

PSX PHILLIPS 66 0.2%

Value $209K (-24.2%) Shares 1,235 (-18.3%) Est. Cost $147.11 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 0.9%

Value $1.204M (+4.5%) Shares 1,247 (-57.6%) Est. Cost $291.71 Unrealized —

WMB WILLIAMS COS INC 0.2%

Value $216K (-16.5%) Shares 2,902 (-18.3%) Est. Cost $60.15 Unrealized —

HELO J P MORGAN EXCHANGE TRADED F 0.2%

Value $285K (-6.1%) Shares 4,210 (-11.3%) Est. Cost $66.43 Unrealized —

PLD PROLOGIS INC. 0.7%

Value $894K (-1.5%) Shares 6,596 (-3.8%) Est. Cost $125.54 Unrealized —

VLO VALERO ENERGY CORP 0.9%

Value $1.237M (+0.8%) Shares 4,751 (-4.3%) Est. Cost $173.91 Unrealized —

JNJ JOHNSON & JOHNSON 0.3%

Value $418K (+2.1%) Shares 1,647 (-1.7%) Est. Cost $197.01 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AZN	ASTRAZENECA PLC	5,277 (-45.5%)	$1.001M (-47.6%)	0.7%	$190.39	—	ORD	G0593M107
JCI	JOHNSON CONTROLS INTERNATION	1,540 (-77.4%)	$225K (-74.8%)	0.2%	$118.70	—	SHS	G51502105
OXY	OCCIDENTAL PETE CORP	15,270 (-17.7%)	$742K (-38.5%)	0.6%	$41.59	—	COM	674599105
MCK	MCKESSON CORP	1,132 (-24.5%)	$855K (-34.1%)	0.6%	$837.25	—	COM	58155Q103
GOOGL	ALPHABET INC	3,375 (-40.2%)	$1.206M (-25.7%)	0.9%	$297.73	—	CAP STK CL A	02079K305
FNCL	FIDELITY COVINGTON TRUST	3,340 (-61.1%)	$256K (-57.6%)	0.2%	$76.42	—	MSCI FINLS IDX	316092501
FDX	FEDEX CORP	2,528 (-18.8%)	$792K (-28.6%)	0.6%	$289.60	—	COM	31428X106
C	CITIGROUP INC	16,392 (-6.4%)	$2.294M (+15.5%)	1.7%	$108.00	—	COM NEW	172967424
CVX	CHEVRON CORPORATION	4,517 (-9.1%)	$749K (-27.1%)	0.6%	$151.65	—	COM	166764100
LRCX	LAM RESEARCH CORP	627 (-75.5%)	$272K (-50.4%)	0.2%	$155.36	—	COM NEW	512807306
WMT	WALMART INC	7,173 (-13.6%)	$812K (-21.2%)	0.6%	$107.20	—	COM	931142103
CSCO	CISCO SYS INC	17,607 (-27.2%)	$2.068M (+10.2%)	1.5%	$75.33	—	COM	17275R102
DFAE	DIMENSIONAL ETF TRUST	7,875 (-45.3%)	$317K (-35.0%)	0.2%	$32.57	—	EMGR CRE EQT MNG	25434V302
META	META PLATFORMS INC	595 (-31.9%)	$335K (-33.0%)	0.2%	$667.32	—	CL A	30303M102
FTEC	FIDELITY COVINGTON TRUST	2,576 (-11.8%)	$736K (+21.1%)	0.5%	$224.65	—	MSCI INFO TECH I	316092808
HLT	HILTON WORLDWIDE HLDGS INC	4,408 (-15.1%)	$1.457M (-7.7%)	1.1%	$287.73	—	COM	43300A203
SLB	SLB LIMITED	7,706 (-15.7%)	$358K (-23.7%)	0.3%	$36.38	—	COM STK	806857108
PM	PHILIP MORRIS INTL INC	7,572 (-1.2%)	$1.37M (+8.1%)	1.0%	$160.99	—	COM	718172109
CDNS	CADENCE DESIGN SYSTEM INC	868 (-1.1%)	$326K (+33.5%)	0.2%	$322.54	—	COM	127387108
JEPI	J P MORGAN EXCHANGE TRADED F	10,654 (-11.5%)	$602K (-11.8%)	0.4%	$57.24	—	EQUITY PREMIUM	46641Q332
EOG	EOG RES INC	1,605 (-17.5%)	$208K (-26.0%)	0.2%	$107.32	—	COM	26875P101
PSX	PHILLIPS 66	1,235 (-18.3%)	$209K (-24.2%)	0.2%	$147.11	—	COM	718546104
STX	SEAGATE TECHNOLOGY HLDNGS PL	1,247 (-57.6%)	$1.204M (+4.5%)	0.9%	$291.71	—	ORD SHS	G7997R103
WMB	WILLIAMS COS INC	2,902 (-18.3%)	$216K (-16.5%)	0.2%	$60.15	—	COM	969457100
HELO	J P MORGAN EXCHANGE TRADED F	4,210 (-11.3%)	$285K (-6.1%)	0.2%	$66.43	—	HEDG EQU LAD ETF	46654Q724
PLD	PROLOGIS INC.	6,596 (-3.8%)	$894K (-1.5%)	0.7%	$125.54	—	COM	74340W103
VLO	VALERO ENERGY CORP	4,751 (-4.3%)	$1.237M (+0.8%)	0.9%	$173.91	—	COM	91913Y100
JNJ	JOHNSON & JOHNSON	1,647 (-1.7%)	$418K (+2.1%)	0.3%	$197.01	—	COM	478160104

Unchanged Positions (14)

IVV ISHARES TR 2.6%

Value $3.538M Shares 4,724 Est. Cost $684.92 Unrealized —

LUV SOUTHWEST AIRLS CO 1.1%

Value $1.514M Shares 29,453 Est. Cost $39.69 Unrealized —

PVAL PUTNAM ETF TRUST 2.9%

Value $3.847M Shares 75,508 Est. Cost $45.57 Unrealized —

ASX ASE TECHNOLOGY HLDG CO LTD 0.3%

Value $456K Shares 10,112 Est. Cost $16.10 Unrealized —

NVDA NVIDIA CORPORATION 1.4%

Value $1.879M Shares 9,392 Est. Cost $186.47 Unrealized —

SPYM SPDR SERIES TRUST 0.8%

Value $1.075M Shares 12,237 Est. Cost $80.22 Unrealized —

IHG INTERCONTINENTAL HOTELS GROU 0.3%

Value $386K Shares 2,230 Est. Cost $138.60 Unrealized —

WPM WHEATON PRECIOUS METALS CORP 0.2%

Value $257K Shares 2,291 Est. Cost $107.08 Unrealized —

DGRO ISHARES TR 0.3%

Value $451K Shares 5,954 Est. Cost $69.42 Unrealized —

GM GENERAL MTRS CO 0.8%

Value $1.069M Shares 13,862 Est. Cost $74.52 Unrealized —

VSDA VICTORY PORTFOLIOS II 0.3%

Value $392K Shares 6,730 Est. Cost $52.78 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.2%

Value $231K Shares 6,377 Est. Cost $32.75 Unrealized —

— BLACKROCK MUNIHLDNGS CALI 0.2%

Value $283K Shares 25,752 Est. Cost $10.40 Unrealized —

ITUB ITAU UNIBANCO HLDG S A 0.1%

Value $110K Shares 13,481 Est. Cost $7.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	4,724	$3.538M	2.6%	$684.92	—	CORE S&P500 ETF	464287200
LUV	SOUTHWEST AIRLS CO	29,453	$1.514M	1.1%	$39.69	—	COM	844741108
PVAL	PUTNAM ETF TRUST	75,508	$3.847M	2.9%	$45.57	—	FOCUSED LAR CAP	746729300
ASX	ASE TECHNOLOGY HLDG CO LTD	10,112	$456K	0.3%	$16.10	—	SPONSORED ADS	00215W100
NVDA	NVIDIA CORPORATION	9,392	$1.879M	1.4%	$186.47	—	COM	67066G104
SPYM	SPDR SERIES TRUST	12,237	$1.075M	0.8%	$80.22	—	ST STR P500ETF	78464A854
IHG	INTERCONTINENTAL HOTELS GROU	2,230	$386K	0.3%	$138.60	—	SPONSORED ADS	45857P806
WPM	WHEATON PRECIOUS METALS CORP	2,291	$257K	0.2%	$107.08	—	COM	962879102
DGRO	ISHARES TR	5,954	$451K	0.3%	$69.42	—	CORE DIV GRWTH	46434V621
GM	GENERAL MTRS CO	13,862	$1.069M	0.8%	$74.52	—	COM	37045V100
VSDA	VICTORY PORTFOLIOS II	6,730	$392K	0.3%	$52.78	—	VICSHS DV AC ETF	92647N667
SCHE	SCHWAB STRATEGIC TR	6,377	$231K	0.2%	$32.75	—	EMRG MKTEQ ETF	808524706
—	BLACKROCK MUNIHLDNGS CALI	25,752	$283K	0.2%	$10.40	—	COM	09254L107
ITUB	ITAU UNIBANCO HLDG S A	13,481	$110K	0.1%	$7.16	—	SPON ADR REP PFD	465562106