Logan Stone Capital, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	1,004,850	$61,507	28.9%	$49.13	—	SHS BEN INT	46438F101
ETHA	ISHARES ETHEREUM TR	1,379,690	$26,311	12.4%	$19.07	—	SHS	46438R105
SPY	SPDR S&P 500 ETF TR	20,876	$12,898	6.1%	$588.91	—	TR UNIT	78462F103
ETH	GRAYSCALE ETHEREUM MINI TR E	509,399	$12,083	5.7%	$23.72	—	SHS NEW	38964R203
USHY	ISHARES TR	305,733	$11,468	5.4%	$36.81	—	BROAD USD HIGH	46435U853
SRLN	SSGA ACTIVE ETF TR	160,718	$6,684	3.1%	$41.82	—	BLACKSTONE SENR	78467V608
—	BNY MELLON STRATEGIC MUNS IN	1,049,643	$6,214	2.9%	$5.71	—	COM	05588W108
AGG	ISHARES TR	49,363	$4,897	2.3%	$100.89	—	CORE US AGGBD ET	464287226
IGF	ISHARES TR	81,907	$4,849	2.3%	$56.41	—	GLB INFRASTR ETF	464288372
KDK	ARES ACQUISITION CORP II	315,275	$3,572	1.7%	$11.33	—	SHS CLASS A	G33033104
EZU	ISHARES INC	57,935	$3,444	1.6%	$59.45	—	MSCI EURZONE ETF	464286608
VNQ	VANGUARD INDEX FDS	34,135	$3,040	1.4%	$90.85	—	REAL ESTATE ETF	922908553
—	BNY MELLON MUN BD INFRASTRUC	266,375	$2,722	1.3%	$10.36	—	COM SHS	09662W109
—	MFS MUN INCOME TR	491,734	$2,542	1.2%	$5.35	—	SH BEN INT	552738106
DVY	ISHARES TR	18,598	$2,470	1.2%	$133.56	—	SELECT DIVID ETF	464287168
XPHTX	PIONEER HIGH INCOME FUND INC	277,812	$2,247	1.1%	$8.09	—	COM	72369H106
XMVTX	BLACKROCK MUNIVEST FD II INC	217,747	$2,247	1.1%	$10.44	—	COM	09253T101
XPCKX	PIMCO CALIF MUN INCOME FD II	382,505	$2,050	1.0%	$5.76	—	COM	72200M108
FBTC	FIDELITY WISE ORIGIN BITCOIN	21,700	$2,040	1.0%	$93.99	—	SHS	315948109
COPL	COPLEY ACQUISITION CORP	189,723	$1,911	0.9%	$10.03	0.0%	ORD SHS CL A	G24243100
—	ALLIANCEBERNSTEIN NATL MUN I	162,127	$1,672	0.8%	$10.77	—	COM	01864U106
—	BNY MELLON STRATEGIC MUN BD	294,867	$1,651	0.8%	$5.52	—	COM	09662E109
—	BLACKROCK MUNIHOLDINGS FD IN	142,320	$1,594	0.7%	$11.54	—	COM	09253N104
—	RIVERNORTH OPPORTUNISTIC MUN	104,231	$1,486	0.7%	$15.50	—	COM	76883F108
—	BLACKROCK MUN INCOME QUALITY	138,567	$1,463	0.7%	$10.84	—	COM	092479104
—	RIVERNORTH MANAGED DUR MUN I	108,654	$1,457	0.7%	$14.36	—	COM	76882H105
—	ABRDN NATL MUN INCOME FD	150,325	$1,452	0.7%	$9.83	—	SH BEN INT	24610T108
—	PIMCO NEW YORK MUN FD II	214,375	$1,441	0.7%	$7.37	—	COM	72200Y102
XBKNX	BLACKROCK INVT QUALITY MUN T	117,375	$1,282	0.6%	$11.15	—	COM	09247D105
—	BLACKROCK MUNIHOLDINGS QUALI	129,344	$1,239	0.6%	$9.59	—	COM	09254C107
—	PIMCO CALIF MUN INCOME FD	142,319	$1,223	0.6%	$9.12	—	COM	72200N106
CAPN	CAYSON ACQUISITION CORP	116,406	$1,211	0.6%	$10.23	0.0%	SHS	G1993W109
XPZCX	PIMCO CALIF MUN INCOME FD II	154,095	$960	0.5%	$6.80	—	COM	72201C109
EMB	ISHARES TR	9,967	$923	0.4%	$88.51	—	JPMORGAN USD EMG	464288281
—	RIVERNORTH FLEXIBLE MUN INCO	65,362	$912	0.4%	$14.78	—	COM	76883H104
—	MFS HIGH INCOME MUN TR	253,564	$908	0.4%	$3.59	—	SH BEN INT	59318D104
—	FEDERATED HERMES PREM MUNI I	79,435	$845	0.4%	$10.63	—	COM	31423P108
—	BLACKROCK MUN TARGET TERM TR	37,566	$822	0.4%	$21.01	—	COM SHS BEN IN	09257P105
COLA	COLUMBUS ACQUISITION CORP	77,684	$787	0.4%	$10.07	0.0%	SHS	G2295P107
—	NEUBERGER BERMAN MUN FD INC	78,012	$767	0.4%	$9.99	—	COM	64124P101
EFA	ISHARES TR	8,333	$745	0.4%	$89.39	—	MSCI EAFE ETF	464287465
—	BLACKROCK MUNIHLDNGS CALI QL	71,251	$737	0.3%	$10.68	—	COM	09254L107
QQQ	INVESCO QQQ TR	1,283	$708	0.3%	$499.30	—	UNIT SER 1	46090E103
—	MEXICO FD INC	39,010	$685	0.3%	$16.76	—	COM	592835102
—	PIMCO NEW YORK MUN INCOME FD	124,391	$652	0.3%	$5.86	—	COM	72201E105
DMAA	DRUGS MADE IN AMER ACQUTN CO	60,991	$622	0.3%	$10.11	0.0%	ORD SHS	G2847J104
KBE	SPDR SERIES TRUST	9,983	$557	0.3%	$55.76	—	S&P BK ETF	78464A797
EWU	ISHARES TR	12,687	$504	0.2%	$39.72	—	MSCI UK ETF NEW	46435G334
QSEA	QUARTZSEA ACQUISITION CORP	50,053	$503	0.2%	$10.02	0.0%	ORD SHS	G7314B104
XHNWX	PIONEER DIVERSIFIED HIGH INC	38,633	$483	0.2%	$12.51	—	COM	723653101
XLF	SELECT SECTOR SPDR TR	9,128	$478	0.2%	$52.37	—	FINANCIAL	81369Y605
XMHIX	PIONEER MUNICIPAL HIGH INCOM	50,561	$463	0.2%	$9.16	—	COM SHS	723763108
XMVFX	BLACKROCK MUNIVEST FD INC	65,059	$428	0.2%	$6.58	—	COM	09253R105
—	WESTERN ASSET INTER MUNI FD	51,748	$389	0.2%	$7.51	—	COM	958435109
—	PIMCO NEW YORK MUN INCOME FD	53,268	$372	0.2%	$7.42	—	COM	72200T103
—	EATON VANCE CALIF MUN INCOM	38,394	$372	0.2%	$9.70	—	SH BEN INT	27826F101
XPHDX	PIONEER FLOATING RATE FUND I	37,707	$370	0.2%	$9.82	—	COM	72369J102
XPMAX	PIONEER MUNICIPAL HIGH INCOM	43,279	$359	0.2%	$8.30	—	COM	723762100
—	EATON VANCE TAX-MANAGED GLOB	37,132	$321	0.2%	$7.86	—	COM	27829C105
AAM	AA MISSION ACQUISITION CORP	29,719	$310	0.1%	$10.34	0.0%	ORD SHS CL A	G1000R101
JNK	SPDR SERIES TRUST	3,106	$302	0.1%	$94.99	—	BLOOMBERG HIGH Y	78468R622
RWX	SPDR INDEX SHS FDS	10,317	$283	0.1%	$24.56	—	DJ INTL RL ETF	78463X863
SZZL	SIZZLE ACQUISITION CORP. II	26,560	$267	0.1%	$9.98	0.0%	USD CL A ORD SHS	G8193F109
XBNYX	BLACKROCK N Y MUN INCOME TRU	26,520	$256	0.1%	$10.33	—	SH BEN INT	09248L106
XTEAX	TORTOISE SUSTAINABLE & SOCIA	19,757	$242	0.1%	$11.97	—	COM SH BEN INT	27901F109
—	BLACKSTONE LONG SHORT CR INC	18,925	$235	0.1%	$12.41	—	COM SHS BN INT	09257D102
—	EUROPEAN EQUITY FD INC	19,181	$196	0.1%	$9.15	—	COM	298768102
—	NYLI MACKAY DEFINEDTERM MUNI	12,802	$189	0.1%	$14.93	—	COM	56064K100
—	PEBBLEBROOK HOTEL TR	10,227	$180	0.1%	$17.15	—	6.375 PFD SER E	70509V605
—	BRANDYWINEGBL GBL INCM OPP F	19,208	$160	0.1%	$8.31	—	COM	10537L104
—	BLACKROCK MUNIYIELD PA QLTY	13,705	$148	0.1%	$10.79	—	COM	09255G107
XMQTX	BLACKROCK MUNIYIELD QUALITY	15,329	$148	0.1%	$10.24	—	COM	09254G108
—	BLACKROCK MUNIYIELD N Y QUAL	13,374	$127	0.1%	$9.79	—	COM	09255E102
—	ALLSPRING GLOBAL DIVIDEND OP	22,235	$120	0.1%	$4.68	—	COM	94987C103
—	NUVEEN PENNSYLVANIA QLT MUN	10,499	$118	0.1%	$11.22	—	COM	670972108
—	BLACKROCK MUNIHLDGS NY QLTY	11,663	$115	0.1%	$9.82	—	COM	09255C106
—	EATON VANCE SR INCOME TR	15,042	$86	0.0%	$5.69	—	SH BEN INT	27826S103
—	URBAN ONE INC	23,150	$15	0.0%	$1.12	—	CL D NON VTG	91705J204