Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
XOM	EXXONMOBIL HOLDINGS CORP	21,323	$3.47M	2.5%	$162.75	$162.75	—	COM SHS	30233Q108
SKHY	SK HYNIX INC	5,608	$1.033M	0.7%	$184.15	$165.41	+11.3%	AMERICAN DEPOSIT	78392B206
AMD	ADVANCED MICRO DEVICES INC	1,402	$858K	0.6%	$611.76	$514.44	+18.9%	COM	007903107
RCL	ROYAL CARIBBEAN GROUP	1,851	$492K	0.4%	$265.86	$283.93	-6.4%	COM	V7780T103
IBN	ICICI BK LTD	14,238	$392K	0.3%	$27.55	$29.41	-6.3%	ADR	45104G104
AON	AON PLC	1,390	$385K	0.3%	$276.71	$338.22	-18.2%	SHS CL A	G0403H108
NWG	NATWEST GROUP PLC	16,260	$295K	0.2%	$18.15	$18.45	-1.6%	SPONS ADR	639057207
AU	ANGLOGOLD ASHANTI PLC	3,091	$290K	0.2%	$93.95	$94.99	-1.1%	COM SHS	G0378L100
WDC	WESTERN DIGITAL CORP	576	$262K	0.2%	$454.49	$486.18	-6.5%	COM	958102105
NOK	NOKIA CORP	17,754	$180K	0.1%	$10.14	$10.39	-2.4%	SPONSORED ADR	654902204

Increased Positions (49)

MSFT MICROSOFT CORP 3.7%

Value $5.169M (+55.5%) Shares 10,077 (+13.1%) Share Price $512.91 Est. Cost/Share $435.07 Unrealized @ Report Date +17.9%

AAPL APPLE INC 5.1%

Value $7.152M (+24.4%) Shares 21,477 (+8.1%) Share Price $333.03 Est. Cost/Share $279.86 Unrealized @ Report Date +19.0%

GDX VANECK ETF TRUST 1.3%

Value $1.747M (+44.5%) Shares 19,898 (+24.2%) Share Price $87.80 Est. Cost/Share $88.16 Unrealized @ Report Date -0.4%

TMO THERMO FISHER SCIENTIFIC INC 1.0%

Value $1.462M (+39.0%) Shares 2,166 (+3.2%) Share Price $674.94 Est. Cost/Share $556.22 Unrealized @ Report Date +21.4%

AMZN AMAZON COM INC 2.5%

Value $3.521M (+12.7%) Shares 14,131 (+7.8%) Share Price $249.15 Est. Cost/Share $236.66 Unrealized @ Report Date +5.3%

COP CONOCOPHILLIPS 1.2%

Value $1.68M (+21.9%) Shares 13,423 (+1.2%) Share Price $125.15 Est. Cost/Share $94.06 Unrealized @ Report Date +33.0%

VRTX VERTEX PHARMACEUTICALS INC 0.8%

Value $1.07M (+37.3%) Shares 2,046 (+30.5%) Share Price $522.81 Est. Cost/Share $459.27 Unrealized @ Report Date +13.8%

STX SEAGATE TECHNOLOGY HLDNGS PL 1.0%

Value $1.456M (+21.0%) Shares 1,579 (+26.6%) Share Price $922.13 Est. Cost/Share $411.04 Unrealized @ Report Date +124.4%

PVAL PUTNAM ETF TRUST 2.9%

Value $4.097M (+6.5%) Shares 77,862 (+3.1%) Share Price $52.62 Est. Cost/Share $44.18 Unrealized @ Report Date +19.1%

NRG NRG ENERGY INC 0.5%

Value $759K (-21.7%) Shares 7,932 (+19.5%) Share Price $95.65 Est. Cost/Share $147.17 Unrealized @ Report Date -35.0%

REGN REGENERON PHARMACEUTICALS 0.6%

Value $843K (+31.8%) Shares 1,111 (+8.4%) Share Price $758.49 Est. Cost/Share $715.91 Unrealized @ Report Date +5.9%

BDX BECTON DICKINSON & CO 0.3%

Value $460K (+58.0%) Shares 2,568 (+33.5%) Share Price $178.99 Est. Cost/Share $155.63 Unrealized @ Report Date +15.0%

KO COCA COLA CO 1.3%

Value $1.786M (+10.4%) Shares 20,744 (+4.2%) Share Price $86.08 Est. Cost/Share $72.60 Unrealized @ Report Date +18.6%

MELI MERCADOLIBRE INC 0.7%

Value $956K (+20.6%) Shares 553 (+18.4%) Share Price $1728.53 Est. Cost/Share $1730.69 Unrealized @ Report Date -0.1%

SCHW CHARLES SCHWAB CORP (THE) 1.2%

Value $1.689M (+10.6%) Shares 17,283 (+4.4%) Share Price $97.74 Est. Cost/Share $94.74 Unrealized @ Report Date +3.2%

MCK MCKESSON CORP 0.7%

Value $1.003M (+17.2%) Shares 1,174 (+3.7%) Share Price $854.08 Est. Cost/Share $844.01 Unrealized @ Report Date +1.2%

ABBV ABBVIE INC 0.8%

Value $1.09M (+15.2%) Shares 4,167 (+10.8%) Share Price $261.57 Est. Cost/Share $219.16 Unrealized @ Report Date +19.4%

AZN ASTRAZENECA PLC 0.6%

Value $861K (-13.9%) Shares 5,333 (+1.1%) Share Price $161.48 Est. Cost/Share $191.09 Unrealized @ Report Date -16.2%

PHM PULTE GROUP INC 0.6%

Value $827K (-14.2%) Shares 7,130 (+1.4%) Share Price $116.06 Est. Cost/Share $124.33 Unrealized @ Report Date -6.6%

PM PHILIP MORRIS INTL INC 1.1%

Value $1.505M (+9.8%) Shares 7,885 (+4.1%) Share Price $190.83 Est. Cost/Share $161.42 Unrealized @ Report Date +18.2%

HSAI HESAI GROUP 0.3%

Value $454K (+36.1%) Shares 28,470 (+55.4%) Share Price $15.95 Est. Cost/Share $19.22 Unrealized @ Report Date -17.0%

NEE NEXTERA ENERGY INC 0.7%

Value $934K (-11.4%) Shares 12,335 (+2.7%) Share Price $75.74 Est. Cost/Share $84.57 Unrealized @ Report Date -10.4%

WPM WHEATON PRECIOUS METALS CORP 0.3%

Value $372K (+44.4%) Shares 2,779 (+21.3%) Share Price $133.70 Est. Cost/Share $111.52 Unrealized @ Report Date +19.9%

AEP AMERICAN ELEC PWR CO INC 0.5%

Value $682K (-12.0%) Shares 5,750 (+1.5%) Share Price $118.65 Est. Cost/Share $131.66 Unrealized @ Report Date -9.9%

MUFG MITSUBISHI UFJ FINANCIAL GRO 0.3%

Value $419K (+21.5%) Shares 18,163 (+4.7%) Share Price $23.07 Est. Cost/Share $19.01 Unrealized @ Report Date +21.4%

KSPI KASPI KZ JSC 0.5%

Value $712K (+10.2%) Shares 7,568 (+1.5%) Share Price $94.06 Est. Cost/Share $79.00 Unrealized @ Report Date +19.1%

FER FERROVIAL NV 0.2%

Value $273K (-19.0%) Shares 5,047 (+2.7%) Share Price $54.10 Est. Cost/Share $64.24 Unrealized @ Report Date -15.8%

UBS UBS GROUP AG 0.3%

Value $399K (+16.6%) Shares 8,295 (+20.1%) Share Price $48.13 Est. Cost/Share $44.64 Unrealized @ Report Date +7.8%

BJ BJS WHSL CLUB HLDGS INC 0.4%

Value $574K (+9.9%) Shares 6,240 (+4.2%) Share Price $92.00 Est. Cost/Share $93.32 Unrealized @ Report Date -1.4%

ASML ASML HLDG NV 0.6%

Value $863K (-5.5%) Shares 476 (+3.7%) Share Price $1812.87 Est. Cost/Share $1434.49 Unrealized @ Report Date +26.3%

TSM TAIWAN SEMICONDUCTOR MANUFAC 2.0%

Value $2.768M (-1.6%) Shares 6,067 (+3.1%) Share Price $456.19 Est. Cost/Share $303.02 Unrealized @ Report Date +50.5%

URI UNITED RENTALS INC 0.8%

Value $1.097M (-3.6%) Shares 1,096 (+9.2%) Share Price $1000.77 Est. Cost/Share $882.64 Unrealized @ Report Date +13.4%

UNH UNITEDHEALTH GROUP INC 0.9%

Value $1.197M (-3.0%) Shares 3,261 (+9.9%) Share Price $367.06 Est. Cost/Share $344.78 Unrealized @ Report Date +6.5%

MA MASTERCARD INCORPORATED 0.2%

Value $298K (+12.8%) Shares 540 (+5.1%) Share Price $551.97 Est. Cost/Share $550.74 Unrealized @ Report Date +0.1%

HEI HEICO CORP NEW 0.2%

Value $302K (-9.9%) Shares 996 (+5.8%) Share Price $303.20 Est. Cost/Share $306.16 Unrealized @ Report Date -1.0%

ALL ALLSTATE CORP 1.0%

Value $1.387M (-2.1%) Shares 6,251 (+5.0%) Share Price $221.87 Est. Cost/Share $208.47 Unrealized @ Report Date +6.4%

V VISA INC 0.3%

Value $356K (+7.4%) Shares 990 (+2.6%) Share Price $359.18 Est. Cost/Share $338.27 Unrealized @ Report Date +6.2%

GS GOLDMAN SACHS GROUP INC 0.7%

Value $1.011M (-2.3%) Shares 1,123 (+9.8%) Share Price $900.20 Est. Cost/Share $862.47 Unrealized @ Report Date +4.4%

BAC BANK OF AMER CORP 1.1%

Value $1.599M (+1.1%) Shares 29,385 (+5.8%) Share Price $54.43 Est. Cost/Share $52.80 Unrealized @ Report Date +3.1%

APH AMPHENOL CORP 0.3%

Value $423K (+3.9%) Shares 5,016 (+117.4%) Share Price $84.29 Est. Cost/Share $139.57 Unrealized @ Report Date -39.6%

SAN BANCO SANTANDER SA 0.3%

Value $388K (+3.9%) Shares 28,028 (+3.7%) Share Price $13.83 Est. Cost/Share $12.04 Unrealized @ Report Date +14.9%

BTI BRITISH AMERN TOB PLC 0.3%

Value $415K (+3.3%) Shares 7,632 (+17.3%) Share Price $54.40 Est. Cost/Share $59.27 Unrealized @ Report Date -8.2%

NOC NORTHROP GRUMMAN CORP 0.6%

Value $814K (-1.3%) Shares 1,684 (+4.0%) Share Price $483.58 Est. Cost/Share $609.36 Unrealized @ Report Date -20.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value $1.268M (+0.8%) Shares 2,547 (+1.3%) Share Price $497.95 Est. Cost/Share $486.55 Unrealized @ Report Date +2.3%

WCN WASTE CONNECTIONS INC 0.2%

Value $282K (-1.5%) Shares 1,829 (+6.7%) Share Price $153.94 Est. Cost/Share $170.91 Unrealized @ Report Date -9.9%

KKR KKR & CO INC 0.2%

Value $305K (+1.2%) Shares 3,336 (+1.8%) Share Price $91.30 Est. Cost/Share $97.07 Unrealized @ Report Date -5.9%

PLD PROLOGIS INC. 0.6%

Value $890K (-0.4%) Shares 6,855 (+3.9%) Share Price $129.83 Est. Cost/Share $125.70 Unrealized @ Report Date —

COF CAPITAL ONE FINL CORP 0.8%

Value $1.155M (-0.2%) Shares 5,985 (+3.7%) Share Price $193.06 Est. Cost/Share $215.70 Unrealized @ Report Date -10.5%

WMB WILLIAMS COS INC 0.2%

Value $214K (-0.7%) Shares 3,153 (+8.6%) Share Price $67.96 Est. Cost/Share $61.19 Unrealized @ Report Date +11.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT CORP	10,077 (+13.1%)	$5.169M (+55.5%)	3.7%	$512.91	$435.07	+17.9%	COM	594918104
AAPL	APPLE INC	21,477 (+8.1%)	$7.152M (+24.4%)	5.1%	$333.03	$279.86	+19.0%	COM	037833100
GDX	VANECK ETF TRUST	19,898 (+24.2%)	$1.747M (+44.5%)	1.3%	$87.80	$88.16	-0.4%	GOLD MINERS ETF	92189F106
TMO	THERMO FISHER SCIENTIFIC INC	2,166 (+3.2%)	$1.462M (+39.0%)	1.0%	$674.94	$556.22	+21.4%	COM	883556102
AMZN	AMAZON COM INC	14,131 (+7.8%)	$3.521M (+12.7%)	2.5%	$249.15	$236.66	+5.3%	COM	023135106
COP	CONOCOPHILLIPS	13,423 (+1.2%)	$1.68M (+21.9%)	1.2%	$125.15	$94.06	+33.0%	COM	20825C104
VRTX	VERTEX PHARMACEUTICALS INC	2,046 (+30.5%)	$1.07M (+37.3%)	0.8%	$522.81	$459.27	+13.8%	COM	92532F100
STX	SEAGATE TECHNOLOGY HLDNGS PL	1,579 (+26.6%)	$1.456M (+21.0%)	1.0%	$922.13	$411.04	+124.4%	ORD SHS	G7997R103
PVAL	PUTNAM ETF TRUST	77,862 (+3.1%)	$4.097M (+6.5%)	2.9%	$52.62	$44.18	+19.1%	FOCUSED LAR CAP	746729300
NRG	NRG ENERGY INC	7,932 (+19.5%)	$759K (-21.7%)	0.5%	$95.65	$147.17	-35.0%	COM NEW	629377508
REGN	REGENERON PHARMACEUTICALS	1,111 (+8.4%)	$843K (+31.8%)	0.6%	$758.49	$715.91	+5.9%	COM	75886F107
BDX	BECTON DICKINSON & CO	2,568 (+33.5%)	$460K (+58.0%)	0.3%	$178.99	$155.63	+15.0%	COM	075887109
KO	COCA COLA CO	20,744 (+4.2%)	$1.786M (+10.4%)	1.3%	$86.08	$72.60	+18.6%	COM	191216100
MELI	MERCADOLIBRE INC	553 (+18.4%)	$956K (+20.6%)	0.7%	$1728.53	$1730.69	-0.1%	COM	58733R102
SCHW	CHARLES SCHWAB CORP (THE)	17,283 (+4.4%)	$1.689M (+10.6%)	1.2%	$97.74	$94.74	+3.2%	COM	808513105
MCK	MCKESSON CORP	1,174 (+3.7%)	$1.003M (+17.2%)	0.7%	$854.08	$844.01	+1.2%	COM	58155Q103
ABBV	ABBVIE INC	4,167 (+10.8%)	$1.09M (+15.2%)	0.8%	$261.57	$219.16	+19.4%	COM	00287Y109
AZN	ASTRAZENECA PLC	5,333 (+1.1%)	$861K (-13.9%)	0.6%	$161.48	$191.09	-16.2%	ORD	G0593M107
PHM	PULTE GROUP INC	7,130 (+1.4%)	$827K (-14.2%)	0.6%	$116.06	$124.33	-6.6%	COM	745867101
PM	PHILIP MORRIS INTL INC	7,885 (+4.1%)	$1.505M (+9.8%)	1.1%	$190.83	$161.42	+18.2%	COM	718172109
HSAI	HESAI GROUP	28,470 (+55.4%)	$454K (+36.1%)	0.3%	$15.95	$19.22	-17.0%	SPONSORED ADS	428050108
NEE	NEXTERA ENERGY INC	12,335 (+2.7%)	$934K (-11.4%)	0.7%	$75.74	$84.57	-10.4%	COM	65339F101
WPM	WHEATON PRECIOUS METALS CORP	2,779 (+21.3%)	$372K (+44.4%)	0.3%	$133.70	$111.52	+19.9%	COM	962879102
AEP	AMERICAN ELEC PWR CO INC	5,750 (+1.5%)	$682K (-12.0%)	0.5%	$118.65	$131.66	-9.9%	COM	025537101
MUFG	MITSUBISHI UFJ FINANCIAL GRO	18,163 (+4.7%)	$419K (+21.5%)	0.3%	$23.07	$19.01	+21.4%	SPONSORED ADS	606822104
KSPI	KASPI KZ JSC	7,568 (+1.5%)	$712K (+10.2%)	0.5%	$94.06	$79.00	+19.1%	SPONSORED ADS	48581R205
FER	FERROVIAL NV	5,047 (+2.7%)	$273K (-19.0%)	0.2%	$54.10	$64.24	-15.8%	ORD SHS	N3168P101
UBS	UBS GROUP AG	8,295 (+20.1%)	$399K (+16.6%)	0.3%	$48.13	$44.64	+7.8%	SHS	H42097107
BJ	BJS WHSL CLUB HLDGS INC	6,240 (+4.2%)	$574K (+9.9%)	0.4%	$92.00	$93.32	-1.4%	COM	05550J101
ASML	ASML HLDG NV	476 (+3.7%)	$863K (-5.5%)	0.6%	$1812.87	$1434.49	+26.3%	N Y REGISTRY SHS	N07059210
TSM	TAIWAN SEMICONDUCTOR MANUFAC	6,067 (+3.1%)	$2.768M (-1.6%)	2.0%	$456.19	$303.02	+50.5%	SPONSORED ADS	874039100
URI	UNITED RENTALS INC	1,096 (+9.2%)	$1.097M (-3.6%)	0.8%	$1000.77	$882.64	+13.4%	COM	911363109
UNH	UNITEDHEALTH GROUP INC	3,261 (+9.9%)	$1.197M (-3.0%)	0.9%	$367.06	$344.78	+6.5%	COM	91324P102
MA	MASTERCARD INCORPORATED	540 (+5.1%)	$298K (+12.8%)	0.2%	$551.97	$550.74	+0.1%	CL A	57636Q104
HEI	HEICO CORP NEW	996 (+5.8%)	$302K (-9.9%)	0.2%	$303.20	$306.16	-1.0%	COM	422806109
ALL	ALLSTATE CORP	6,251 (+5.0%)	$1.387M (-2.1%)	1.0%	$221.87	$208.47	+6.4%	COM	020002101
V	VISA INC	990 (+2.6%)	$356K (+7.4%)	0.3%	$359.18	$338.27	+6.2%	COM CL A	92826C839
GS	GOLDMAN SACHS GROUP INC	1,123 (+9.8%)	$1.011M (-2.3%)	0.7%	$900.20	$862.47	+4.4%	COM	38141G104
BAC	BANK OF AMER CORP	29,385 (+5.8%)	$1.599M (+1.1%)	1.1%	$54.43	$52.80	+3.1%	COM	060505104
APH	AMPHENOL CORP	5,016 (+117.4%)	$423K (+3.9%)	0.3%	$84.29	$139.57	-39.6%	CL A	032095101
SAN	BANCO SANTANDER SA	28,028 (+3.7%)	$388K (+3.9%)	0.3%	$13.83	$12.04	+14.9%	ADR	05964H105
BTI	BRITISH AMERN TOB PLC	7,632 (+17.3%)	$415K (+3.3%)	0.3%	$54.40	$59.27	-8.2%	SPONSORED ADR	110448107
NOC	NORTHROP GRUMMAN CORP	1,684 (+4.0%)	$814K (-1.3%)	0.6%	$483.58	$609.36	-20.7%	COM	666807102
BRK/B	BERKSHIRE HATHAWAY INC DEL	2,547 (+1.3%)	$1.268M (+0.8%)	0.9%	$497.95	$486.55	+2.3%	CL B NEW	084670702
WCN	WASTE CONNECTIONS INC	1,829 (+6.7%)	$282K (-1.5%)	0.2%	$153.94	$170.91	-9.9%	COM	94106B101
KKR	KKR & CO INC	3,336 (+1.8%)	$305K (+1.2%)	0.2%	$91.30	$97.07	-5.9%	COM	48251W104
PLD	PROLOGIS INC.	6,855 (+3.9%)	$890K (-0.4%)	0.6%	$129.83	$125.70	—	COM	74340W103
COF	CAPITAL ONE FINL CORP	5,985 (+3.7%)	$1.155M (-0.2%)	0.8%	$193.06	$215.70	-10.5%	COM	14040H105
WMB	WILLIAMS COS INC	3,153 (+8.6%)	$214K (-0.7%)	0.2%	$67.96	$61.19	+11.1%	COM	969457100

Exited Positions (11)

XOM EXXON MOBIL CORP 2.1%

Value $2.916M Shares 21,330 Share Price $136.72 * Est. Cost/Share $121.81 Unrealized @ Report Date +33.6%

CTVA CORTEVA INC 0.7%

Value $930K Shares 10,981 Share Price $84.69 * Est. Cost/Share $68.53 Unrealized @ Report Date +13.3%

CDNS CADENCE DESIGN SYSTEM INC 0.2%

Value $326K Shares 868 Share Price $375.32 * Est. Cost/Share $321.74 Unrealized @ Report Date +2.6%

ETN EATON CORP PLC 0.2%

Value $302K Shares 709 Share Price $426.37 Est. Cost/Share $403.27 Unrealized @ Report Date +6.6%

TT TRANE TECHNOLOGIES PLC 0.2%

Value $274K Shares 558 Share Price $491.19 * Est. Cost/Share $467.68 Unrealized @ Report Date -3.4%

ZTS ZOETIS INC 0.2%

Value $271K Shares 3,774 Share Price $71.86 * Est. Cost/Share $94.14 Unrealized @ Report Date -25.8%

FNCL FIDELITY COVINGTON TRUST 0.2%

Value $256K Shares 3,340 Share Price $76.55 Est. Cost/Share $75.33 Unrealized @ Report Date +0.5%

PAC GRUPO AEROPORTUNARIO DEL PAC 0.2%

Value $246K Shares 971 Share Price $253.16 * Est. Cost/Share $245.70 Unrealized @ Report Date -16.4%

FDXF FEDEX FGHT HLDG CO INC 0.2%

Value $233K Shares 1,542 Share Price $151.00 * Est. Cost/Share $163.79 Unrealized @ Report Date -33.2%

JCI JOHNSON CONTROLS INTERNATION 0.2%

Value $225K Shares 1,540 Share Price $146.15 Est. Cost/Share $119.78 Unrealized @ Report Date +24.1%

ITUB ITAU UNIBANCO HLDG S A 0.1%

Value $110K Shares 13,481 Share Price $8.17 * Est. Cost/Share $7.11 Unrealized @ Report Date +19.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
XOM	EXXON MOBIL CORP	21,330	$2.916M	2.1%	$136.72 *	$121.81	+33.6%	—	30231G102
CTVA	CORTEVA INC	10,981	$930K	0.7%	$84.69 *	$68.53	+13.3%	—	22052L104
CDNS	CADENCE DESIGN SYSTEM INC	868	$326K	0.2%	$375.32 *	$321.74	+2.6%	—	127387108
ETN	EATON CORP PLC	709	$302K	0.2%	$426.37	$403.27	+6.6%	—	G29183103
TT	TRANE TECHNOLOGIES PLC	558	$274K	0.2%	$491.19 *	$467.68	-3.4%	—	G8994E103
ZTS	ZOETIS INC	3,774	$271K	0.2%	$71.86 *	$94.14	-25.8%	—	98978V103
FNCL	FIDELITY COVINGTON TRUST	3,340	$256K	0.2%	$76.55	$75.33	+0.5%	—	316092501
PAC	GRUPO AEROPORTUNARIO DEL PAC	971	$246K	0.2%	$253.16 *	$245.70	-16.4%	—	400506101
FDXF	FEDEX FGHT HLDG CO INC	1,542	$233K	0.2%	$151.00 *	$163.79	-33.2%	—	314352105
JCI	JOHNSON CONTROLS INTERNATION	1,540	$225K	0.2%	$146.15	$119.78	+24.1%	—	G51502105
ITUB	ITAU UNIBANCO HLDG S A	13,481	$110K	0.1%	$8.17 *	$7.11	+19.9%	—	465562106

Decreased Positions (25)

HLT HILTON WORLDWIDE HLDGS INC 0.4%

Value $518K (-64.4%) Shares 1,629 (-63.0%) Share Price $318.12 Est. Cost/Share $286.82 Unrealized @ Report Date +10.9%

FLDR FIDELITY MERRIMACK STR TR 28.6%

Value $39.86M (-2.1%) Shares 801,191 (-1.4%) Share Price $49.75 Est. Cost/Share $50.30 Unrealized @ Report Date -1.1%

GOOGL ALPHABET INC 0.3%

Value $408K (-66.2%) Shares 1,186 (-64.9%) Share Price $344.09 Est. Cost/Share $294.82 Unrealized @ Report Date +16.7%

TFLO ISHARES TR 0.3%

Value $423K (-60.1%) Shares 8,356 (-60.1%) Share Price $50.67 Est. Cost/Share $50.56 Unrealized @ Report Date +0.2%

C CITIGROUP INC 1.4%

Value $1.969M (-14.2%) Shares 15,203 (-7.3%) Share Price $129.48 Est. Cost/Share $107.13 Unrealized @ Report Date +20.9%

LUV SOUTHWEST AIRLS CO 0.9%

Value $1.189M (-21.5%) Shares 28,556 (-3.0%) Share Price $41.64 Est. Cost/Share $38.84 Unrealized @ Report Date +7.2%

CSCO CISCO SYS INC 1.3%

Value $1.804M (-12.8%) Shares 16,758 (-4.8%) Share Price $107.63 Est. Cost/Share $75.48 Unrealized @ Report Date +42.6%

ASX ASE TECHNOLOGY HLDG CO LTD 0.2%

Value $226K (-50.6%) Shares 5,074 (-49.8%) Share Price $44.46 Est. Cost/Share $14.21 Unrealized @ Report Date +212.8%

FCX FREEPORT MCMORAN INC 1.2%

Value $1.658M (+10.0%) Shares 23,689 (-1.2%) Share Price $70.00 Est. Cost/Share $50.56 Unrealized @ Report Date +38.4%

CVX CHEVRON CORPORATION 0.6%

Value $865K (+15.5%) Shares 4,234 (-6.3%) Share Price $204.19 Est. Cost/Share $151.76 Unrealized @ Report Date +34.6%

FDX FEDEX CORP 0.5%

Value $710K (-10.3%) Shares 2,491 (-1.5%) Share Price $285.14 Est. Cost/Share $292.58 Unrealized @ Report Date -2.6%

OXY OCCIDENTAL PETE CORP 0.6%

Value $814K (+9.7%) Shares 14,708 (-3.7%) Share Price $55.32 Est. Cost/Share $41.65 Unrealized @ Report Date +32.8%

IR INGERSOLL RAND INC 0.4%

Value $557K (-11.4%) Shares 7,413 (-3.2%) Share Price $75.11 Est. Cost/Share $81.84 Unrealized @ Report Date -8.2%

PSX PHILLIPS 66 0.2%

Value $265K (+27.0%) Shares 1,038 (-16.0%) Share Price $255.42 Est. Cost/Share $156.68 Unrealized @ Report Date +62.9%

APO APOLLO GLOBAL MGMT INC 0.5%

Value $689K (-5.3%) Shares 5,938 (-3.5%) Share Price $116.06 Est. Cost/Share $129.26 Unrealized @ Report Date -10.2%

FNV FRANCO NEV CORP 0.3%

Value $355K (+11.2%) Shares 1,489 (-2.6%) Share Price $238.09 Est. Cost/Share $246.51 Unrealized @ Report Date -3.4%

KB KB FINL GROUP INC 0.2%

Value $257K (+15.9%) Shares 2,091 (-1.1%) Share Price $123.07 Est. Cost/Share $100.55 Unrealized @ Report Date +22.4%

TMUS T-MOBILE US INC 0.3%

Value $410K (-7.4%) Shares 2,515 (-4.8%) Share Price $163.10 Est. Cost/Share $207.79 Unrealized @ Report Date -21.5%

FTEC FIDELITY COVINGTON TRUST 0.5%

Value $758K (+3.0%) Shares 2,527 (-1.9%) Share Price $300.05 Est. Cost/Share $226.55 Unrealized @ Report Date +32.4%

DFAE DIMENSIONAL ETF TRUST 0.2%

Value $297K (-6.3%) Shares 7,551 (-4.1%) Share Price $39.31 Est. Cost/Share $32.18 Unrealized @ Report Date +22.2%

IYW ISHARES TR 0.2%

Value $243K (+2.5%) Shares 919 (-2.4%) Share Price $264.96 Est. Cost/Share $229.69 Unrealized @ Report Date +15.3%

SPYM SPDR SERIES TRUST 0.8%

Value $1.081M (+0.5%) Shares 12,044 (-1.6%) Share Price $89.76 Est. Cost/Share $79.53 Unrealized @ Report Date +12.9%

SLB SLB LIMITED 0.3%

Value $353K (-1.5%) Shares 7,242 (-6.0%) Share Price $48.72 Est. Cost/Share $36.39 Unrealized @ Report Date +33.9%

EOG EOG RES INC 0.2%

Value $211K (+1.5%) Shares 1,534 (-4.4%) Share Price $137.73 Est. Cost/Share $107.50 Unrealized @ Report Date +28.1%

HELO J P MORGAN EXCHANGE TRADED F 0.2%

Value $287K (+1.0%) Shares 4,153 (-1.4%) Share Price $69.18 Est. Cost/Share $65.66 Unrealized @ Report Date +5.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
HLT	HILTON WORLDWIDE HLDGS INC	1,629 (-63.0%)	$518K (-64.4%)	0.4%	$318.12	$286.82	+10.9%	COM	43300A203
FLDR	FIDELITY MERRIMACK STR TR	801,191 (-1.4%)	$39.86M (-2.1%)	28.6%	$49.75	$50.30	-1.1%	LOW DURTIN ETF	316188408
GOOGL	ALPHABET INC	1,186 (-64.9%)	$408K (-66.2%)	0.3%	$344.09	$294.82	+16.7%	CAP STK CL A	02079K305
TFLO	ISHARES TR	8,356 (-60.1%)	$423K (-60.1%)	0.3%	$50.67	$50.56	+0.2%	TRS FLT RT BD	46434V860
C	CITIGROUP INC	15,203 (-7.3%)	$1.969M (-14.2%)	1.4%	$129.48	$107.13	+20.9%	COM NEW	172967424
LUV	SOUTHWEST AIRLS CO	28,556 (-3.0%)	$1.189M (-21.5%)	0.9%	$41.64	$38.84	+7.2%	COM	844741108
CSCO	CISCO SYS INC	16,758 (-4.8%)	$1.804M (-12.8%)	1.3%	$107.63	$75.48	+42.6%	COM	17275R102
ASX	ASE TECHNOLOGY HLDG CO LTD	5,074 (-49.8%)	$226K (-50.6%)	0.2%	$44.46	$14.21	+212.8%	SPONSORED ADS	00215W100
FCX	FREEPORT MCMORAN INC	23,689 (-1.2%)	$1.658M (+10.0%)	1.2%	$70.00	$50.56	+38.4%	CL B	35671D857
CVX	CHEVRON CORPORATION	4,234 (-6.3%)	$865K (+15.5%)	0.6%	$204.19	$151.76	+34.6%	COM	166764100
FDX	FEDEX CORP	2,491 (-1.5%)	$710K (-10.3%)	0.5%	$285.14	$292.58	-2.6%	COM	31428X106
OXY	OCCIDENTAL PETE CORP	14,708 (-3.7%)	$814K (+9.7%)	0.6%	$55.32	$41.65	+32.8%	COM	674599105
IR	INGERSOLL RAND INC	7,413 (-3.2%)	$557K (-11.4%)	0.4%	$75.11	$81.84	-8.2%	COM	45687V106
PSX	PHILLIPS 66	1,038 (-16.0%)	$265K (+27.0%)	0.2%	$255.42	$156.68	+62.9%	COM	718546104
APO	APOLLO GLOBAL MGMT INC	5,938 (-3.5%)	$689K (-5.3%)	0.5%	$116.06	$129.26	-10.2%	COM	03769M106
FNV	FRANCO NEV CORP	1,489 (-2.6%)	$355K (+11.2%)	0.3%	$238.09	$246.51	-3.4%	COM	351858105
KB	KB FINL GROUP INC	2,091 (-1.1%)	$257K (+15.9%)	0.2%	$123.07	$100.55	+22.4%	SPONSORED ADR	48241A105
TMUS	T-MOBILE US INC	2,515 (-4.8%)	$410K (-7.4%)	0.3%	$163.10	$207.79	-21.5%	COM	872590104
FTEC	FIDELITY COVINGTON TRUST	2,527 (-1.9%)	$758K (+3.0%)	0.5%	$300.05	$226.55	+32.4%	MSCI INFO TECH I	316092808
DFAE	DIMENSIONAL ETF TRUST	7,551 (-4.1%)	$297K (-6.3%)	0.2%	$39.31	$32.18	+22.2%	EMGR CRE EQT MNG	25434V302
IYW	ISHARES TR	919 (-2.4%)	$243K (+2.5%)	0.2%	$264.96	$229.69	+15.3%	U.S. TECH ETF	464287721
SPYM	SPDR SERIES TRUST	12,044 (-1.6%)	$1.081M (+0.5%)	0.8%	$89.76	$79.53	+12.9%	ST STR P500ETF	78464A854
SLB	SLB LIMITED	7,242 (-6.0%)	$353K (-1.5%)	0.3%	$48.72	$36.39	+33.9%	COM STK	806857108
EOG	EOG RES INC	1,534 (-4.4%)	$211K (+1.5%)	0.2%	$137.73	$107.50	+28.1%	COM	26875P101
HELO	J P MORGAN EXCHANGE TRADED F	4,153 (-1.4%)	$287K (+1.0%)	0.2%	$69.18	$65.66	+5.4%	HEDG EQU LAD ETF	46654Q724

Unchanged Positions (19)

VLO VALERO ENERGY CORP 1.3%

Value $1.843M Shares 4,755 Share Price $387.59 Est. Cost/Share $177.75 Unrealized @ Report Date +118.1%

NVDA NVIDIA CORPORATION 1.5%

Value $2.146M Shares 9,397 Share Price $228.39 Est. Cost/Share $184.38 Unrealized @ Report Date +23.9%

META META PLATFORMS INC 0.3%

Value $433K Shares 597 Share Price $725.24 Est. Cost/Share $667.32 Unrealized @ Report Date +8.7%

WMT WALMART INC 0.5%

Value $746K Shares 7,177 Share Price $103.91 Est. Cost/Share $107.20 Unrealized @ Report Date -3.1%

LRCX LAM RESEARCH CORP 0.1%

Value $206K Shares 627 Share Price $328.33 Est. Cost/Share $155.36 Unrealized @ Report Date +111.4%

IVV ISHARES TR 2.6%

Value $3.589M Shares 4,686 Share Price $765.79 Est. Cost/Share $679.06 Unrealized @ Report Date +12.8%

SPCX SPACE EXPLORATION TECHN CORP 0.2%

Value $307K Shares 2,035 Share Price $150.86 Est. Cost/Share $170.68 Unrealized @ Report Date -11.6%

SMFG SUMITOMO MITSUI FIN GRP INC 0.3%

Value $401K Shares 15,457 Share Price $25.91 Est. Cost/Share $21.12 Unrealized @ Report Date +22.7%

— BLACKROCK MUNIHLDNGS CALI 0.2%

Value $251K Shares 25,752 Share Price $9.75 Est. Cost/Share $10.40 Unrealized @ Report Date —

IHG INTERCONTINENTAL HOTELS GROU 0.3%

Value $360K Shares 2,238 Share Price $160.77 Est. Cost/Share $132.33 Unrealized @ Report Date +21.5%

JNJ JOHNSON & JOHNSON 0.3%

Value $438K Shares 1,654 Share Price $264.69 Est. Cost/Share $197.01 Unrealized @ Report Date +34.4%

VGT VANGUARD WORLD FD 0.2%

Value $327K Shares 2,599 Share Price $125.67 Est. Cost/Share $107.69 Unrealized @ Report Date +16.7%

VSDA VICTORY PORTFOLIOS II 0.3%

Value $378K Shares 6,731 Share Price $56.14 Est. Cost/Share $52.75 Unrealized @ Report Date +6.4%

LLY ELI LILLY & CO 0.2%

Value $234K Shares 202 Share Price $1157.30 Est. Cost/Share $1021.74 Unrealized @ Report Date +13.2%

JEPI J P MORGAN EXCHANGE TRADED F 0.4%

Value $594K Shares 10,564 Share Price $56.22 Est. Cost/Share $57.10 Unrealized @ Report Date -1.5%

CLS CELESTICA INC 0.3%

Value $433K Shares 1,198 Share Price $361.43 Est. Cost/Share $307.25 Unrealized @ Report Date +17.6%

GM GENERAL MTRS CO 0.8%

Value $1.074M Shares 13,943 Share Price $77.00 Est. Cost/Share $73.57 Unrealized @ Report Date +4.7%

DGRO ISHARES TR 0.3%

Value $449K Shares 5,955 Share Price $75.39 Est. Cost/Share $68.76 Unrealized @ Report Date +9.6%

SCHE SCHWAB STRATEGIC TR 0.2%

Value $232K Shares 6,374 Share Price $36.45 Est. Cost/Share $33.35 Unrealized @ Report Date +9.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VLO	VALERO ENERGY CORP	4,755	$1.843M	1.3%	$387.59	$177.75	+118.1%	COM	91913Y100
NVDA	NVIDIA CORPORATION	9,397	$2.146M	1.5%	$228.39	$184.38	+23.9%	COM	67066G104
META	META PLATFORMS INC	597	$433K	0.3%	$725.24	$667.32	+8.7%	CL A	30303M102
WMT	WALMART INC	7,177	$746K	0.5%	$103.91	$107.20	-3.1%	COM	931142103
LRCX	LAM RESEARCH CORP	627	$206K	0.1%	$328.33	$155.36	+111.4%	COM NEW	512807306
IVV	ISHARES TR	4,686	$3.589M	2.6%	$765.79	$679.06	+12.8%	CORE S&P500 ETF	464287200
SPCX	SPACE EXPLORATION TECHN CORP	2,035	$307K	0.2%	$150.86	$170.68	-11.6%	CLASS A COM STK	84615Q103
SMFG	SUMITOMO MITSUI FIN GRP INC	15,457	$401K	0.3%	$25.91	$21.12	+22.7%	SPONSORED ADR	86562M209
—	BLACKROCK MUNIHLDNGS CALI	25,752	$251K	0.2%	$9.75	$10.40	—	COM	09254L107
IHG	INTERCONTINENTAL HOTELS GROU	2,238	$360K	0.3%	$160.77	$132.33	+21.5%	SPONSORED ADS	45857P806
JNJ	JOHNSON & JOHNSON	1,654	$438K	0.3%	$264.69	$197.01	+34.4%	COM	478160104
VGT	VANGUARD WORLD FD	2,599	$327K	0.2%	$125.67	$107.69	+16.7%	INF TECH ETF	92204A702
VSDA	VICTORY PORTFOLIOS II	6,731	$378K	0.3%	$56.14	$52.75	+6.4%	VICSHS DV AC ETF	92647N667
LLY	ELI LILLY & CO	202	$234K	0.2%	$1157.30	$1021.74	+13.2%	COM	532457108
JEPI	J P MORGAN EXCHANGE TRADED F	10,564	$594K	0.4%	$56.22	$57.10	-1.5%	EQUITY PREMIUM	46641Q332
CLS	CELESTICA INC	1,198	$433K	0.3%	$361.43	$307.25	+17.6%	COM	15101Q207
GM	GENERAL MTRS CO	13,943	$1.074M	0.8%	$77.00	$73.57	+4.7%	COM	37045V100
DGRO	ISHARES TR	5,955	$449K	0.3%	$75.39	$68.76	+9.6%	CORE DIV GRWTH	46434V621
SCHE	SCHWAB STRATEGIC TR	6,374	$232K	0.2%	$36.45	$33.35	+9.3%	EMRG MKTEQ ETF	808524706