Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PSCT	INVESCO EXCH TRADED FD TR II	60,000	$5.545M	0.8%	$92.41	—	S&P SMLCP INFO	46138E115
CEF	SPROTT ASSET MANAGEMENT LP	120,351	$4.845M	0.7%	$40.26	—	PHYSICAL GOLD AN	85208R101
GFL	GFL ENVIRONMENTAL INC	112,537	$4.13M	0.6%	$36.70	—	SUB VTG SHS	36168Q104
GEHC	GE HEALTHCARE TECHNOLOGIES I	58,367	$3.736M	0.5%	$64.01	—	COMMON STOCK	36266G107
CVLT	COMMVAULT SYS INC	25,000	$3.543M	0.5%	$141.73	—	COM	204166102
GLASF	GLASS HOUSE BRANDS INC	286,154	$3.54M	0.5%	$12.37	—	SUB REG LTD VTG	377130406
SPY	STATE STR SPDR S&P 500 ETF T	4,654	$3.475M	0.5%	$746.77	—	TR UNIT	78462F103
PANW	PALO ALTO NETWORKS INC	10,048	$3.427M	0.5%	$341.02	—	COM	697435105
ATS	ATS CORPORATION	100,000	$2.877M	0.4%	$28.77	—	COM	00217Y104
OKTA	OKTA INC	20,000	$2.729M	0.4%	$136.45	—	CL A	679295105
AMT	AMERICAN TOWER CORP	16,500	$2.699M	0.4%	$163.57	—	COM	03027X100
BABA	ALIBABA GROUP HLDG LTD	26,300	$2.524M	0.4%	$95.98	—	SPONSORED ADS	01609W102
LNG	CHENIERE ENERGY INC	9,081	$2.17M	0.3%	$239.01	—	COM NEW	16411R208
PLXS	PLEXUS CORP	7,000	$2.105M	0.3%	$300.67	—	COM	729132100
AVGO	BROADCOM INC	5,174	$1.954M	0.3%	$377.75	—	COM	11135F101
BEP	BROOKFIELD RENEWABLE ENERGY	55,512	$1.921M	0.3%	$34.61	—	PARTNERSHIP UNIT	G16258108
W	WAYFAIR INC	20,000	$1.848M	0.3%	$92.42	—	CL A	94419L101
NOK	NOKIA CORP	125,000	$1.66M	0.2%	$13.28	—	SPONSORED ADR	654902204
SGI	SOMNIGROUP INTERNATIONAL INC	20,000	$1.568M	0.2%	$78.40	—	COM	88023U101
FLY	FIREFLY AEROSPACE INC	45,000	$1.323M	0.2%	$29.40	—	COM	31816X106
NBIS	NEBIUS GROUP N.V.	4,760	$1.315M	0.2%	$276.17	—	SHS CLASS A	N97284108
EXE	EXPAND ENERGY CORPORATION	14,000	$1.277M	0.2%	$91.19	—	COM	165167735
CHWY	CHEWY INC	64,000	$1.258M	0.2%	$19.65	—	CL A	16679L109
ASTS	AST SPACEMOBILE INC	13,000	$1.155M	0.2%	$88.86	—	COM CL A	00217D100
LION	LIONSGATE STUDIOS CORP	75,000	$1.148M	0.2%	$15.31	—	COM	53626N102
RKT	ROCKET COS INC	72,134	$1.136M	0.2%	$15.75	—	COM CL A	77311W101
CLS	CELESTICA INC	3,000	$1.092M	0.2%	$364.00	—	COM	15101Q207
SBUX	STARBUCKS CORP	10,000	$1.022M	0.1%	$102.19	—	COM	855244109
ALM	ALMONTY INDS INC	60,000	$991K	0.1%	$16.51	—	COM NEW	020398707
ABNB	AIRBNB INC	6,019	$861K	0.1%	$143.10	—	COM CL A	009066101
SPCX	SPACE EXPLORATION TECHN CORP	5,000	$854K	0.1%	$170.86	—	CLASS A COM STK	84615Q103
ADBE	ADOBE INC	4,012	$823K	0.1%	$205.02	—	COM	00724F101
ELF	E L F BEAUTY INC	10,000	$740K	0.1%	$74.00	—	COM	26856L103
NMG	NOUVEAU MONDE GRAPHITE INC	500,000	$739K	0.1%	$1.48	—	COM NEW	66979W842
ENPH	ENPHASE ENERGY INC	15,000	$739K	0.1%	$49.24	—	COM	29355A107
SCOP	SPROTT PHYSICAL COPPER TRUST	62,500	$710K	0.1%	$11.37	—	UNITS	85210C100
CVNA	CARVANA CO	10,000	$658K	0.1%	$65.82	—	CL A	146869102
SPTS	SPDR SERIES TRUST	22,525	$653K	0.1%	$29.01	—	ST SHO TREAS ETF	78468R101
RMD	RESMED INC	3,000	$585K	0.1%	$194.88	—	COM	761152107
BMY	BRISTOL-MYERS SQUIBB CO	9,017	$520K	0.1%	$57.62	—	COM	110122108
FROG	JFROG LTD	5,000	$454K	0.1%	$90.88	—	ORD SHS	M6191J100
ELVA	ELECTROVAYA INC	42,603	$447K	0.1%	$10.49	—	COM NEW	28617B606
PGR	PROGRESSIVE CORP	2,008	$439K	0.1%	$218.45	—	COM	743315103
ABT	ABBOTT LABORATORIES	4,007	$364K	0.1%	$90.74	—	COM	002824100
IWX	ISHARES TR	3,410	$359K	0.1%	$105.16	—	RUS TP200 VL ETF	464289420
TGB	TREKOR METALS LTD	50,000	$344K	0.0%	$6.88	—	COM	89472Y107
ASML	ASML HLDG NV	157	$312K	0.0%	$1989.44	—	N Y REGISTRY SHS	N07059210
UNH	UNITEDHEALTH GROUP INC	644	$268K	0.0%	$415.63	—	COM	91324P102
BB	BLACKBERRY LTD	20,700	$261K	0.0%	$12.60	—	COM	09228F103
FDXF	FEDEX FGHT HLDG CO INC	1,510	$228K	0.0%	$151.00	—	COMMON STOCK	314352105
WCN	WASTE CONNECTIONS INC	1,262	$210K	0.0%	$166.35	—	COM	94106B101
VGK	VANGUARD INTL EQUITY INDEX F	2,274	$201K	0.0%	$88.54	—	FTSE EUROPE ETF	922042874
KYIV	KYIVSTAR GROUP LTD	10,745	$174K	0.0%	$16.17	—	ORD SHS	G5331N101
UAMY	UNITED STATES ANTIMONY CORP	20,000	$145K	0.0%	$7.26	—	COM	911549103
BHST	BIOHARVEST SCIENCES INC	10,000	$27,892	0.0%	$2.79	—	COM NEW	09076J207
ZTEK	ZENTEK LTD	15,000	$6,861	0.0%	$0.46	—	COM	98942X102

Increased Positions (45)

AAPL APPLE INC 7.5%

Value $53.15M (+22.8%) Shares 183,674 (+7.7%) Est. Cost $135.49 Unrealized —

AMZN AMAZON COM INC 2.9%

Value $20.7M (+42.3%) Shares 86,856 (+24.3%) Est. Cost $167.06 Unrealized —

GOOGL ALPHABET INC 3.0%

Value $21.49M (+38.3%) Shares 60,134 (+11.3%) Est. Cost $138.66 Unrealized —

UNP UNION PAC CORP 0.9%

Value $6.079M (+966.2%) Shares 22,350 (+851.1%) Est. Cost $263.32 Unrealized —

GE GE AEROSPACE 1.1%

Value $8.056M (+200.1%) Shares 21,557 (+127.8%) Est. Cost $329.38 Unrealized —

XHB SPDR SERIES TRUST 1.2%

Value $8.551M (+154.8%) Shares 74,000 (+117.6%) Est. Cost $112.12 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.9%

Value $6.01M (+581.3%) Shares 12,584 (+382.1%) Est. Cost $416.48 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 1.4%

Value $9.637M (+105.9%) Shares 111,366 (+86.8%) Est. Cost $81.20 Unrealized —

MDT MEDTRONIC PLC 0.8%

Value $5.914M (+402.0%) Shares 75,596 (+456.0%) Est. Cost $82.06 Unrealized —

SHOP SHOPIFY INC 0.8%

Value $5.566M (+451.3%) Shares 48,748 (+471.7%) Est. Cost $111.71 Unrealized —

NTRA NATERA INC 0.7%

Value $5.117M (+427.5%) Shares 18,850 (+288.7%) Est. Cost $255.28 Unrealized —

TSLA TESLA INC 1.1%

Value $7.524M (+94.8%) Shares 17,889 (+72.2%) Est. Cost $361.20 Unrealized —

— VSE CORP 0.6%

Value $4.484M (+351.2%) Shares 77,758 (+293.6%) Est. Cost $55.80 Unrealized —

MSFT MICROSOFT CORP 2.2%

Value $15.87M (+26.2%) Shares 42,540 (+25.2%) Est. Cost $291.43 Unrealized —

PSLV SPROTT ASSET MANAGEMENT LP 1.2%

Value $8.402M (+59.4%) Shares 445,981 (+106.5%) Est. Cost $17.71 Unrealized —

NTR NUTRIEN LTD 0.7%

Value $4.736M (+164.5%) Shares 75,327 (+216.9%) Est. Cost $60.22 Unrealized —

CNI CANADIAN NATL RY CO 0.7%

Value $5.08M (+135.7%) Shares 42,654 (+103.3%) Est. Cost $109.68 Unrealized —

COPX GLOBAL X FDS 1.1%

Value $7.797M (+56.4%) Shares 101,297 (+55.1%) Est. Cost $73.87 Unrealized —

ITB ISHARES TR 1.0%

Value $7M (+64.5%) Shares 67,000 (+42.6%) Est. Cost $103.20 Unrealized —

HBM HUDBAY MINERALS INC 0.5%

Value $3.567M (+210.9%) Shares 151,350 (+175.7%) Est. Cost $19.17 Unrealized —

CCJ CAMECO CORP 0.4%

Value $2.859M (+105.7%) Shares 28,107 (+119.5%) Est. Cost $89.31 Unrealized —

EQT EQT CORP 0.3%

Value $1.861M (+367.9%) Shares 35,000 (+460.0%) Est. Cost $53.67 Unrealized —

ULTA ULTA BEAUTY INC 0.4%

Value $2.909M (+85.5%) Shares 6,450 (+115.0%) Est. Cost $552.81 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 0.2%

Value $1.639M (+121.8%) Shares 49,228 (+156.0%) Est. Cost $37.29 Unrealized —

BDX BECTON DICKINSON & CO 0.2%

Value $1.589M (+124.6%) Shares 10,500 (+133.3%) Est. Cost $163.81 Unrealized —

VNOM VIPER ENERGY INC 0.4%

Value $2.883M (+42.7%) Shares 68,000 (+58.1%) Est. Cost $39.53 Unrealized —

CPNG COUPANG INC 0.2%

Value $1.742M (+83.5%) Shares 100,300 (+99.4%) Est. Cost $18.62 Unrealized —

BIP BROOKFIELD INFRASTRUCTURE PA 0.2%

Value $1.273M (+149.4%) Shares 34,928 (+146.3%) Est. Cost $36.86 Unrealized —

BIPC BROOKFIELD INFRASTRUCTURE CO 0.2%

Value $1.173M (+98.5%) Shares 30,485 (+103.4%) Est. Cost $39.29 Unrealized —

META META PLATFORMS INC 1.4%

Value $9.671M (+5.1%) Shares 17,169 (+6.8%) Est. Cost $375.55 Unrealized —

ACWI ISHARES TR 0.2%

Value $1.248M (+45.4%) Shares 7,950 (+28.2%) Est. Cost $130.18 Unrealized —

TRP TC ENERGY CORP 0.6%

Value $4.502M (+7.4%) Shares 68,121 (+1.5%) Est. Cost $38.03 Unrealized —

AGI ALAMOS GOLD INC 0.1%

Value $644K (+48.3%) Shares 21,278 (+117.6%) Est. Cost $35.90 Unrealized —

ORLA ORLA MNG LTD NEW 0.1%

Value $781K (-18.9%) Shares 80,000 (+33.3%) Est. Cost $14.83 Unrealized —

APP APPLOVIN CORP 0.1%

Value $433K (+69.9%) Shares 840 (+31.3%) Est. Cost $369.69 Unrealized —

MGA MAGNA INTL INC 0.1%

Value $493K (+48.6%) Shares 7,510 (+26.2%) Est. Cost $49.07 Unrealized —

SLF SUN LIFE FINANCIAL INC. 0.1%

Value $486K (+35.2%) Shares 6,199 (+7.9%) Est. Cost $56.55 Unrealized —

ENB ENBRIDGE INC 0.2%

Value $1.643M (+4.8%) Shares 30,361 (+4.8%) Est. Cost $38.88 Unrealized —

CPRT COPART INC 0.2%

Value $1.438M (+4.9%) Shares 51,000 (+23.5%) Est. Cost $32.31 Unrealized —

BAC BANK OF AMER CORP 0.0%

Value $341K (+24.3%) Shares 5,976 (+6.3%) Est. Cost $33.19 Unrealized —

BAM BROOKFIELD ASSET MANAGMT LTD 0.1%

Value $374K (+13.1%) Shares 8,363 (+12.1%) Est. Cost $32.02 Unrealized —

EMA EMERA INC 0.1%

Value $377K (+8.1%) Shares 7,128 (+5.6%) Est. Cost $43.86 Unrealized —

BKNG BOOKING HOLDINGS INC 0.0%

Value $276K (+5.8%) Shares 1,550 (+2400.0%) Est. Cost $300.42 Unrealized —

NEE NEXTERA ENERGY INC 0.1%

Value $423K (-2.2%) Shares 4,823 (+3.5%) Est. Cost $75.51 Unrealized —

LMT LOCKHEED MARTIN CORP 0.0%

Value $219K (+2.1%) Shares 430 (+21.1%) Est. Cost $475.52 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	183,674 (+7.7%)	$53.15M (+22.8%)	7.5%	$135.49	—	COM	037833100
AMZN	AMAZON COM INC	86,856 (+24.3%)	$20.7M (+42.3%)	2.9%	$167.06	—	COM	023135106
GOOGL	ALPHABET INC	60,134 (+11.3%)	$21.49M (+38.3%)	3.0%	$138.66	—	CAP STK CL A	02079K305
UNP	UNION PAC CORP	22,350 (+851.1%)	$6.079M (+966.2%)	0.9%	$263.32	—	COM	907818108
GE	GE AEROSPACE	21,557 (+127.8%)	$8.056M (+200.1%)	1.1%	$329.38	—	COM NEW	369604301
XHB	SPDR SERIES TRUST	74,000 (+117.6%)	$8.551M (+154.8%)	1.2%	$112.12	—	ST STR SP HOME	78464A888
TSM	TAIWAN SEMICONDUCTOR MANUFAC	12,584 (+382.1%)	$6.01M (+581.3%)	0.9%	$416.48	—	SPONSORED ADS	874039100
CP	CANADIAN PACIFIC KANSAS CITY	111,366 (+86.8%)	$9.637M (+105.9%)	1.4%	$81.20	—	COM	13646K108
MDT	MEDTRONIC PLC	75,596 (+456.0%)	$5.914M (+402.0%)	0.8%	$82.06	—	SHS	G5960L103
SHOP	SHOPIFY INC	48,748 (+471.7%)	$5.566M (+451.3%)	0.8%	$111.71	—	CL A SUB VTG SHS	82509L107
NTRA	NATERA INC	18,850 (+288.7%)	$5.117M (+427.5%)	0.7%	$255.28	—	COM	632307104
TSLA	TESLA INC	17,889 (+72.2%)	$7.524M (+94.8%)	1.1%	$361.20	—	COM	88160R101
—	VSE CORP	77,758 (+293.6%)	$4.484M (+351.2%)	0.6%	$55.80	—	UNIT 02/01/2029	918284209
MSFT	MICROSOFT CORP	42,540 (+25.2%)	$15.87M (+26.2%)	2.2%	$291.43	—	COM	594918104
PSLV	SPROTT ASSET MANAGEMENT LP	445,981 (+106.5%)	$8.402M (+59.4%)	1.2%	$17.71	—	PHYSICAL SILVER	85207K107
NTR	NUTRIEN LTD	75,327 (+216.9%)	$4.736M (+164.5%)	0.7%	$60.22	—	COM	67077M108
CNI	CANADIAN NATL RY CO	42,654 (+103.3%)	$5.08M (+135.7%)	0.7%	$109.68	—	COM	136375102
COPX	GLOBAL X FDS	101,297 (+55.1%)	$7.797M (+56.4%)	1.1%	$73.87	—	GLOBAL X COPPER	37954Y830
ITB	ISHARES TR	67,000 (+42.6%)	$7M (+64.5%)	1.0%	$103.20	—	US HOME CONS ETF	464288752
HBM	HUDBAY MINERALS INC	151,350 (+175.7%)	$3.567M (+210.9%)	0.5%	$19.17	—	COM	443628102
CCJ	CAMECO CORP	28,107 (+119.5%)	$2.859M (+105.7%)	0.4%	$89.31	—	COM	13321L108
EQT	EQT CORP	35,000 (+460.0%)	$1.861M (+367.9%)	0.3%	$53.67	—	COM	26884L109
ULTA	ULTA BEAUTY INC	6,450 (+115.0%)	$2.909M (+85.5%)	0.4%	$552.81	—	COM	90384S303
IBIT	ISHARES BITCOIN TRUST ETF	49,228 (+156.0%)	$1.639M (+121.8%)	0.2%	$37.29	—	SHS BEN INT	46438F101
BDX	BECTON DICKINSON & CO	10,500 (+133.3%)	$1.589M (+124.6%)	0.2%	$163.81	—	COM	075887109
VNOM	VIPER ENERGY INC	68,000 (+58.1%)	$2.883M (+42.7%)	0.4%	$39.53	—	CL A	64361Q101
CPNG	COUPANG INC	100,300 (+99.4%)	$1.742M (+83.5%)	0.2%	$18.62	—	CL A	22266T109
BIP	BROOKFIELD INFRASTRUCTURE PA	34,928 (+146.3%)	$1.273M (+149.4%)	0.2%	$36.86	—	LP INT UNIT	G16252101
BIPC	BROOKFIELD INFRASTRUCTURE CO	30,485 (+103.4%)	$1.173M (+98.5%)	0.2%	$39.29	—	COM SUB VTG A	11276H106
META	META PLATFORMS INC	17,169 (+6.8%)	$9.671M (+5.1%)	1.4%	$375.55	—	CL A	30303M102
ACWI	ISHARES TR	7,950 (+28.2%)	$1.248M (+45.4%)	0.2%	$130.18	—	MSCI ACWI ETF	464288257
TRP	TC ENERGY CORP	68,121 (+1.5%)	$4.502M (+7.4%)	0.6%	$38.03	—	COM	87807B107
AGI	ALAMOS GOLD INC	21,278 (+117.6%)	$644K (+48.3%)	0.1%	$35.90	—	COM CL A	011532108
ORLA	ORLA MNG LTD NEW	80,000 (+33.3%)	$781K (-18.9%)	0.1%	$14.83	—	COM	68634K106
APP	APPLOVIN CORP	840 (+31.3%)	$433K (+69.9%)	0.1%	$369.69	—	COM CL A	03831W108
MGA	MAGNA INTL INC	7,510 (+26.2%)	$493K (+48.6%)	0.1%	$49.07	—	COM	559222401
SLF	SUN LIFE FINANCIAL INC.	6,199 (+7.9%)	$486K (+35.2%)	0.1%	$56.55	—	COM	866796105
ENB	ENBRIDGE INC	30,361 (+4.8%)	$1.643M (+4.8%)	0.2%	$38.88	—	COM	29250N105
CPRT	COPART INC	51,000 (+23.5%)	$1.438M (+4.9%)	0.2%	$32.31	—	COM	217204106
BAC	BANK OF AMER CORP	5,976 (+6.3%)	$341K (+24.3%)	0.0%	$33.19	—	COM	060505104
BAM	BROOKFIELD ASSET MANAGMT LTD	8,363 (+12.1%)	$374K (+13.1%)	0.1%	$32.02	—	CL A LMT VTG SHS	113004105
EMA	EMERA INC	7,128 (+5.6%)	$377K (+8.1%)	0.1%	$43.86	—	COM	290876101
BKNG	BOOKING HOLDINGS INC	1,550 (+2400.0%)	$276K (+5.8%)	0.0%	$300.42	—	COM	09857L108
NEE	NEXTERA ENERGY INC	4,823 (+3.5%)	$423K (-2.2%)	0.1%	$75.51	—	COM	65339F101
LMT	LOCKHEED MARTIN CORP	430 (+21.1%)	$219K (+2.1%)	0.0%	$475.52	—	COM	539830109

Exited Positions (57)

IEX IDEX CORP 0.5%

Value $3.791M Shares 20,000 Est. Cost $170.79 Unrealized —

XLE SELECT SECTOR SPDR TR 0.3%

Value $2.45M Shares 40,000 Est. Cost $61.26 Unrealized —

UPS UNITED PARCEL SVCS INC 0.3%

Value $2.361M Shares 24,000 Est. Cost $92.75 Unrealized —

INTU INTUIT 0.3%

Value $2.119M Shares 4,900 Est. Cost $508.26 Unrealized —

NET CLOUDFLARE INC 0.3%

Value $2.084M Shares 10,100 Est. Cost $182.40 Unrealized —

CRWD CROWDSTRIKE HLDGS INC 0.3%

Value $1.952M Shares 5,000 Est. Cost $431.12 Unrealized —

QXO QXO INC 0.3%

Value $1.942M Shares 100,000 Est. Cost $18.56 Unrealized —

SNDK SANDISK CORP 0.3%

Value $1.907M Shares 3,001 Est. Cost $516.50 Unrealized —

TATT TAT TECHNOLOGIES LTD 0.3%

Value $1.901M Shares 46,800 Est. Cost $31.16 Unrealized —

RACE FERRARI N V 0.2%

Value $1.692M Shares 5,000 Est. Cost $400.15 Unrealized —

PEP PEPSICO INC 0.2%

Value $1.656M Shares 10,661 Est. Cost $154.74 Unrealized —

LDOS LEIDOS HOLDINGS INC 0.2%

Value $1.555M Shares 10,000 Est. Cost $186.07 Unrealized —

ZTS ZOETIS INC 0.2%

Value $1.537M Shares 13,000 Est. Cost $136.99 Unrealized —

BGSI BOYD GROUP SERVICES INC 0.2%

Value $1.503M Shares 11,800 Est. Cost $160.25 Unrealized —

KMB KIMBERLY-CLARK CORP 0.2%

Value $1.447M Shares 15,000 Est. Cost $108.41 Unrealized —

RH RH 0.2%

Value $1.398M Shares 10,000 Est. Cost $171.01 Unrealized —

CL COLGATE PALMOLIVE CO 0.2%

Value $1.364M Shares 16,000 Est. Cost $86.79 Unrealized —

GLW CORNING INC 0.2%

Value $1.361M Shares 10,009 Est. Cost $85.98 Unrealized —

AXON AXON ENTERPRISE INC 0.2%

Value $1.274M Shares 3,000 Est. Cost $526.80 Unrealized —

WRBY WARBY PARKER INC 0.2%

Value $1.264M Shares 60,000 Est. Cost $21.76 Unrealized —

HSIC SCHEIN HENRY INC 0.2%

Value $1.253M Shares 17,000 Est. Cost $78.06 Unrealized —

PLAB PHOTRONICS INC 0.2%

Value $1.212M Shares 30,000 Est. Cost $25.80 Unrealized —

MOH MOLINA HEALTHCARE INC 0.2%

Value $1.066M Shares 8,000 Est. Cost $165.44 Unrealized —

NKE NIKE INC 0.2%

Value $1.064M Shares 20,152 Est. Cost $70.84 Unrealized —

NFLX NETFLIX INC. 0.1%

Value $1.055M Shares 10,970 Est. Cost $103.43 Unrealized —

CAE CAE INC 0.1%

Value $1.043M Shares 40,131 Est. Cost $28.05 Unrealized —

BCO BRINKS CO 0.1%

Value $1.036M Shares 10,000 Est. Cost $114.06 Unrealized —

SIL GLOBAL X FDS 0.1%

Value $976K Shares 10,837 Est. Cost $83.52 Unrealized —

DHR DANAHER CORP DEL 0.1%

Value $948K Shares 5,000 Est. Cost $219.40 Unrealized —

ONTO ONTO INNOVATION INC 0.1%

Value $820K Shares 4,000 Est. Cost $206.81 Unrealized —

XLP SELECT SECTOR SPDR TR 0.1%

Value $820K Shares 10,000 Est. Cost $81.95 Unrealized —

NOA NORTH AMERN CONSTR GROUP LTD 0.1%

Value $707K Shares 52,500 Est. Cost $18.91 Unrealized —

SITM SITIME CORP 0.1%

Value $691K Shares 2,000 Est. Cost $377.59 Unrealized —

CHRW C H ROBINSON WORLDWIDE IN 0.1%

Value $664K Shares 4,000 Est. Cost $181.31 Unrealized —

RIG TRANSOCEAN LTD 0.1%

Value $663K Shares 100,000 Est. Cost $5.16 Unrealized —

MINT PIMCO ETF TR 0.1%

Value $652K Shares 6,486 Est. Cost $100.54 Unrealized —

UFPI UFP INDUSTRIES INC 0.1%

Value $645K Shares 7,000 Est. Cost $91.56 Unrealized —

CSW CSW INDUSTRIALS INC 0.1%

Value $625K Shares 2,400 Est. Cost $266.28 Unrealized —

WPP WPP PLC NEW 0.1%

Value $622K Shares 40,000 Est. Cost $22.46 Unrealized —

STN STANTEC INC 0.1%

Value $604K Shares 7,000 Est. Cost $40.02 Unrealized —

DECK DECKERS OUTDOOR CORP 0.1%

Value $601K Shares 6,000 Est. Cost $109.55 Unrealized —

EEM ISHARES TR 0.1%

Value $568K Shares 10,000 Est. Cost $45.60 Unrealized —

LAMR LAMAR ADVERTISING CO 0.1%

Value $507K Shares 4,000 Est. Cost $126.66 Unrealized —

GTES GATES INDL CORP PLC 0.1%

Value $452K Shares 20,000 Est. Cost $23.08 Unrealized —

NTSK NETSKOPE INC 0.1%

Value $425K Shares 50,000 Est. Cost $13.93 Unrealized —

OII OCEANEERING INTL INC 0.1%

Value $411K Shares 11,600 Est. Cost $30.60 Unrealized —

IWS ISHARES TR 0.1%

Value $365K Shares 2,505 Est. Cost $145.74 Unrealized —

UBER UBER TECHNOLOGIES INC 0.1%

Value $360K Shares 5,000 Est. Cost $78.72 Unrealized —

VIAV VIAVI SOLUTIONS INC 0.0%

Value $333K Shares 10,012 Est. Cost $22.97 Unrealized —

TGB TASEKO MINES LTD 0.0%

Value $323K Shares 50,000 Est. Cost $7.51 Unrealized —

ACN ACCENTURE PLC IRELAND 0.0%

Value $321K Shares 1,619 Est. Cost $301.88 Unrealized —

SII SPROTT INC 0.0%

Value $300K Shares 2,108 Est. Cost $88.68 Unrealized —

INDA ISHARES TR 0.0%

Value $264K Shares 5,677 Est. Cost $55.62 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.0%

Value $255K Shares 4,066 Est. Cost $84.88 Unrealized —

LAZ LAZARD INC 0.0%

Value $212K Shares 5,000 Est. Cost $52.61 Unrealized —

DSGX DESCARTES SYS GROUP INC 0.0%

Value $201K Shares 2,815 Est. Cost $87.95 Unrealized —

TU TELUS CORPORATION 0.0%

Value $134K Shares 10,450 Est. Cost $14.86 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IEX	IDEX CORP	20,000	$3.791M	0.5%	$170.79	—	—	45167R104
XLE	SELECT SECTOR SPDR TR	40,000	$2.45M	0.3%	$61.26	—	—	81369Y506
UPS	UNITED PARCEL SVCS INC	24,000	$2.361M	0.3%	$92.75	—	—	911312106
INTU	INTUIT	4,900	$2.119M	0.3%	$508.26	—	—	461202103
NET	CLOUDFLARE INC	10,100	$2.084M	0.3%	$182.40	—	—	18915M107
CRWD	CROWDSTRIKE HLDGS INC	5,000	$1.952M	0.3%	$431.12	—	—	22788C105
QXO	QXO INC	100,000	$1.942M	0.3%	$18.56	—	—	82846H405
SNDK	SANDISK CORP	3,001	$1.907M	0.3%	$516.50	—	—	80004C200
TATT	TAT TECHNOLOGIES LTD	46,800	$1.901M	0.3%	$31.16	—	—	M8740S227
RACE	FERRARI N V	5,000	$1.692M	0.2%	$400.15	—	—	N3167Y103
PEP	PEPSICO INC	10,661	$1.656M	0.2%	$154.74	—	—	713448108
LDOS	LEIDOS HOLDINGS INC	10,000	$1.555M	0.2%	$186.07	—	—	525327102
ZTS	ZOETIS INC	13,000	$1.537M	0.2%	$136.99	—	—	98978V103
BGSI	BOYD GROUP SERVICES INC	11,800	$1.503M	0.2%	$160.25	—	—	103310108
KMB	KIMBERLY-CLARK CORP	15,000	$1.447M	0.2%	$108.41	—	—	494368103
RH	RH	10,000	$1.398M	0.2%	$171.01	—	—	74967X103
CL	COLGATE PALMOLIVE CO	16,000	$1.364M	0.2%	$86.79	—	—	194162103
GLW	CORNING INC	10,009	$1.361M	0.2%	$85.98	—	—	219350105
AXON	AXON ENTERPRISE INC	3,000	$1.274M	0.2%	$526.80	—	—	05464C101
WRBY	WARBY PARKER INC	60,000	$1.264M	0.2%	$21.76	—	—	93403J106
HSIC	SCHEIN HENRY INC	17,000	$1.253M	0.2%	$78.06	—	—	806407102
PLAB	PHOTRONICS INC	30,000	$1.212M	0.2%	$25.80	—	—	719405102
MOH	MOLINA HEALTHCARE INC	8,000	$1.066M	0.2%	$165.44	—	—	60855R100
NKE	NIKE INC	20,152	$1.064M	0.2%	$70.84	—	—	654106103
NFLX	NETFLIX INC.	10,970	$1.055M	0.1%	$103.43	—	—	64110L106
CAE	CAE INC	40,131	$1.043M	0.1%	$28.05	—	—	124765108
BCO	BRINKS CO	10,000	$1.036M	0.1%	$114.06	—	—	109696104
SIL	GLOBAL X FDS	10,837	$976K	0.1%	$83.52	—	—	37954Y848
DHR	DANAHER CORP DEL	5,000	$948K	0.1%	$219.40	—	—	235851102
ONTO	ONTO INNOVATION INC	4,000	$820K	0.1%	$206.81	—	—	683344105
XLP	SELECT SECTOR SPDR TR	10,000	$820K	0.1%	$81.95	—	—	81369Y308
NOA	NORTH AMERN CONSTR GROUP LTD	52,500	$707K	0.1%	$18.91	—	—	656811106
SITM	SITIME CORP	2,000	$691K	0.1%	$377.59	—	—	82982T106
CHRW	C H ROBINSON WORLDWIDE IN	4,000	$664K	0.1%	$181.31	—	—	12541W209
RIG	TRANSOCEAN LTD	100,000	$663K	0.1%	$5.16	—	—	H8817H100
MINT	PIMCO ETF TR	6,486	$652K	0.1%	$100.54	—	—	72201R833
UFPI	UFP INDUSTRIES INC	7,000	$645K	0.1%	$91.56	—	—	90278Q108
CSW	CSW INDUSTRIALS INC	2,400	$625K	0.1%	$266.28	—	—	126402106
WPP	WPP PLC NEW	40,000	$622K	0.1%	$22.46	—	—	92937A102
STN	STANTEC INC	7,000	$604K	0.1%	$40.02	—	—	85472N109
DECK	DECKERS OUTDOOR CORP	6,000	$601K	0.1%	$109.55	—	—	243537107
EEM	ISHARES TR	10,000	$568K	0.1%	$45.60	—	—	464287234
LAMR	LAMAR ADVERTISING CO	4,000	$507K	0.1%	$126.66	—	—	512816109
GTES	GATES INDL CORP PLC	20,000	$452K	0.1%	$23.08	—	—	G39108108
NTSK	NETSKOPE INC	50,000	$425K	0.1%	$13.93	—	—	64119N608
OII	OCEANEERING INTL INC	11,600	$411K	0.1%	$30.60	—	—	675232102
IWS	ISHARES TR	2,505	$365K	0.1%	$145.74	—	—	464287473
UBER	UBER TECHNOLOGIES INC	5,000	$360K	0.1%	$78.72	—	—	90353T100
VIAV	VIAVI SOLUTIONS INC	10,012	$333K	0.0%	$22.97	—	—	925550105
TGB	TASEKO MINES LTD	50,000	$323K	0.0%	$7.51	—	—	876511106
ACN	ACCENTURE PLC IRELAND	1,619	$321K	0.0%	$301.88	—	—	G1151C101
SII	SPROTT INC	2,108	$300K	0.0%	$88.68	—	—	852066208
INDA	ISHARES TR	5,677	$264K	0.0%	$55.62	—	—	46429B598
BSX	BOSTON SCIENTIFIC CORP	4,066	$255K	0.0%	$84.88	—	—	101137107
LAZ	LAZARD INC	5,000	$212K	0.0%	$52.61	—	—	52110M109
DSGX	DESCARTES SYS GROUP INC	2,815	$201K	0.0%	$87.95	—	—	249906108
TU	TELUS CORPORATION	10,450	$134K	0.0%	$14.86	—	—	87971M103

Decreased Positions (70)

NVDA NVIDIA CORPORATION 1.6%

Value $11.12M (-27.8%) Shares 55,569 (-37.1%) Est. Cost $146.37 Unrealized —

AEM AGNICO EAGLE MINES LTD 1.0%

Value $6.923M (-36.8%) Shares 44,645 (-17.5%) Est. Cost $79.51 Unrealized —

INTC INTEL CORP 2.0%

Value $13.99M (+39.5%) Shares 100,170 (-55.9%) Est. Cost $38.88 Unrealized —

XLK SELECT SECTOR SPDR TR 0.4%

Value $2.888M (-57.8%) Shares 15,168 (-70.5%) Est. Cost $123.04 Unrealized —

GDXJ VANECK ETF TRUST 0.5%

Value $3.663M (-47.7%) Shares 37,285 (-36.1%) Est. Cost $76.08 Unrealized —

RY ROYAL BK CDA 3.3%

Value $23.33M (+15.2%) Shares 112,905 (-10.1%) Est. Cost $96.47 Unrealized —

PHYS SPROTT ASSET MANAGEMENT LP 2.1%

Value $14.83M (-17.2%) Shares 492,118 (-2.6%) Est. Cost $29.75 Unrealized —

GDX VANECK ETF TRUST 0.3%

Value $1.931M (-60.0%) Shares 25,595 (-51.3%) Est. Cost $54.68 Unrealized —

HAL HALLIBURTON CO 0.2%

Value $1.698M (-60.4%) Shares 50,000 (-54.5%) Est. Cost $24.67 Unrealized —

CM CANADIAN IMPERIAL BANK OF CO 2.2%

Value $15.25M (+16.1%) Shares 132,653 (-4.5%) Est. Cost $50.18 Unrealized —

NEM NEWMONT CORP 0.7%

Value $4.744M (-27.9%) Shares 50,795 (-16.4%) Est. Cost $49.01 Unrealized —

BMO BANK MONTREAL MEDIUM 1.2%

Value $8.239M (+27.1%) Shares 46,708 (-2.6%) Est. Cost $85.03 Unrealized —

TFII TFI INTERNATIONAL INC 1.1%

Value $8.034M (+26.9%) Shares 55,920 (-4.1%) Est. Cost $95.01 Unrealized —

MCO MOODYS CORP 0.4%

Value $2.548M (-39.6%) Shares 5,625 (-41.9%) Est. Cost $393.55 Unrealized —

FCX FREEPORT MCMORAN INC 0.7%

Value $4.818M (-25.5%) Shares 76,607 (-30.4%) Est. Cost $38.98 Unrealized —

GOOG ALPHABET INC 0.7%

Value $4.865M (-25.2%) Shares 13,768 (-39.3%) Est. Cost $150.16 Unrealized —

ETN EATON CORP PLC 0.0%

Value $215K (-86.6%) Shares 505 (-88.8%) Est. Cost $353.63 Unrealized —

LECO LINCOLN ELEC HLDGS INC 0.2%

Value $1.593M (-46.7%) Shares 6,000 (-50.0%) Est. Cost $250.98 Unrealized —

MDALF MDA SPACE LTD 0.8%

Value $5.876M (+30.0%) Shares 142,500 (-20.3%) Est. Cost $25.60 Unrealized —

IWM ISHARES TR 0.1%

Value $924K (-58.9%) Shares 3,076 (-66.0%) Est. Cost $229.93 Unrealized —

CAT CATERPILLAR INC 0.9%

Value $6.576M (+22.7%) Shares 6,175 (-18.4%) Est. Cost $414.53 Unrealized —

MU MICRON TECHNOLOGY INC 0.0%

Value $231K (-82.9%) Shares 200 (-95.0%) Est. Cost $172.05 Unrealized —

EMXC ISHARES INC 0.1%

Value $497K (-68.2%) Shares 4,857 (-75.5%) Est. Cost $66.94 Unrealized —

CRK COMSTOCK RES INC 0.0%

Value $240K (-81.5%) Shares 16,100 (-73.9%) Est. Cost $21.41 Unrealized —

MS MORGAN STANLEY 0.8%

Value $5.651M (-15.7%) Shares 27,031 (-33.6%) Est. Cost $115.56 Unrealized —

PBA PEMBINA PIPELINE CORP 0.9%

Value $6.26M (-13.8%) Shares 135,551 (-16.6%) Est. Cost $35.91 Unrealized —

HEI HEICO CORP NEW 0.6%

Value $4.274M (+26.7%) Shares 12,000 (-2.4%) Est. Cost $135.93 Unrealized —

RKLB ROCKET LAB CORP 0.4%

Value $3.166M (+36.4%) Shares 31,150 (-13.8%) Est. Cost $24.72 Unrealized —

WSC WILLSCOT HLDGS CORP 0.5%

Value $3.703M (-18.2%) Shares 128,300 (-50.8%) Est. Cost $20.84 Unrealized —

TSAT TELESAT CORP 0.5%

Value $3.341M (+32.4%) Shares 66,000 (-5.7%) Est. Cost $23.00 Unrealized —

EVER EVERQUOTE INC 0.0%

Value $238K (-75.9%) Shares 10,000 (-84.4%) Est. Cost $21.23 Unrealized —

JPM JPMORGAN CHASE & CO 1.3%

Value $9.216M (+8.6%) Shares 28,155 (-2.4%) Est. Cost $253.17 Unrealized —

ORCL ORACLE CORP 0.1%

Value $667K (-52.0%) Shares 4,551 (-51.8%) Est. Cost $169.61 Unrealized —

TER TERADYNE INC 0.3%

Value $1.853M (+61.1%) Shares 3,830 (-1.3%) Est. Cost $138.48 Unrealized —

GS GOLDMAN SACHS GROUP INC 1.5%

Value $10.38M (-5.8%) Shares 10,265 (-21.2%) Est. Cost $559.68 Unrealized —

USAS AMERICAS GOLD AND SILVER COR 0.0%

Value $79,594 (-86.9%) Shares 16,856 (-85.6%) Est. Cost $4.00 Unrealized —

XPO XPO INC 0.7%

Value $4.927M (-9.6%) Shares 24,000 (-14.3%) Est. Cost $135.08 Unrealized —

CLH CLEAN HARBORS INC 0.4%

Value $3.055M (-13.3%) Shares 10,225 (-16.8%) Est. Cost $109.53 Unrealized —

RBA RB GLOBAL INC 1.3%

Value $8.957M (+5.5%) Shares 77,088 (-13.1%) Est. Cost $74.45 Unrealized —

FTAI FTAI AVIATION LTD 0.5%

Value $3.246M (-11.7%) Shares 12,000 (-20.0%) Est. Cost $39.72 Unrealized —

PFE PFIZER INC 0.3%

Value $2.24M (-15.2%) Shares 93,003 (-1.1%) Est. Cost $26.39 Unrealized —

PI IMPINJ INC 0.3%

Value $2.292M (-14.8%) Shares 16,000 (-38.9%) Est. Cost $139.43 Unrealized —

SPGI S&P GLOBAL INC 0.1%

Value $1.01M (-28.0%) Shares 2,480 (-24.8%) Est. Cost $254.25 Unrealized —

MA MASTERCARD INCORPORATED 0.6%

Value $4.531M (-7.6%) Shares 8,823 (-10.1%) Est. Cost $427.08 Unrealized —

BE BLOOM ENERGY CORP 0.1%

Value $605K (-36.2%) Shares 2,000 (-71.4%) Est. Cost $32.55 Unrealized —

BMM BLUE MOON METALS INC 0.1%

Value $950K (-18.3%) Shares 150,000 (-16.7%) Est. Cost $4.07 Unrealized —

LYV LIVE NATION ENTERTAINMENT IN 0.2%

Value $1.291M (+18.4%) Shares 7,050 (-1.4%) Est. Cost $120.84 Unrealized —

TRIP TRIPADVISOR INC 0.2%

Value $1.524M (+14.4%) Shares 111,153 (-11.1%) Est. Cost $13.84 Unrealized —

ALGN ALIGN TECHNOLOGY INC 0.3%

Value $1.872M (-9.0%) Shares 11,100 (-7.5%) Est. Cost $144.82 Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value $1.039M (-14.2%) Shares 3,072 (-23.3%) Est. Cost $356.17 Unrealized —

TCX TUCOWS INC 0.1%

Value $427K (-28.3%) Shares 31,671 (-8.7%) Est. Cost $17.61 Unrealized —

DIS DISNEY WALT CO 0.1%

Value $658K (-19.7%) Shares 6,839 (-19.6%) Est. Cost $108.96 Unrealized —

BN BROOKFIELD CORP 0.6%

Value $3.922M (-3.8%) Shares 92,095 (-8.6%) Est. Cost $30.51 Unrealized —

ODFL OLD DOMINION FREIGHT LINE IN 0.4%

Value $2.621M (-5.4%) Shares 12,101 (-14.7%) Est. Cost $162.01 Unrealized —

HD HOME DEPOT INC 0.4%

Value $2.795M (-4.1%) Shares 7,924 (-10.5%) Est. Cost $364.19 Unrealized —

NATL NCR ATLEOS CORPORATION 0.1%

Value $505K (-18.6%) Shares 11,625 (-18.3%) Est. Cost $34.80 Unrealized —

AME AMETEK INC 0.2%

Value $1.083M (+10.9%) Shares 4,475 (-1.8%) Est. Cost $125.09 Unrealized —

LUNR INTUITIVE MACHINES INC 0.0%

Value $278K (-25.1%) Shares 13,000 (-35.0%) Est. Cost $18.56 Unrealized —

QNST QUINSTREET INC 0.1%

Value $391K (+18.0%) Shares 26,700 (-3.3%) Est. Cost $14.06 Unrealized —

VMET VERSAMET ROYALTIES CORP 0.0%

Value $343K (+20.8%) Shares 28,000 (-6.7%) Est. Cost $9.47 Unrealized —

MFC MANULIFE FINL CORP 0.2%

Value $1.069M (-3.6%) Shares 26,403 (-18.2%) Est. Cost $28.67 Unrealized —

JAAA JANUS DETROIT STR TR 0.3%

Value $1.923M (-1.9%) Shares 38,100 (-2.2%) Est. Cost $50.68 Unrealized —

WSO WATSCO INC 0.1%

Value $367K (+10.8%) Shares 880 (-3.3%) Est. Cost $265.98 Unrealized —

ALSN ALLISON TRANSMISSION HLDGS I 0.1%

Value $624K (-5.4%) Shares 5,537 (-1.8%) Est. Cost $88.55 Unrealized —

AMRZ AMRIZE LTD 0.1%

Value $501K (-5.9%) Shares 9,400 (-1.1%) Est. Cost $50.45 Unrealized —

MSOS ADVISORSHARES TR 0.0%

Value $125K (+31.2%) Shares 24,537 (-8.3%) Est. Cost $3.55 Unrealized —

DNN DENISON MINES CORP 0.0%

Value $115K (-20.3%) Shares 37,447 (-8.0%) Est. Cost $3.77 Unrealized —

CRH CRH PLC 0.1%

Value $733K (+0.3%) Shares 6,855 (-1.4%) Est. Cost $60.00 Unrealized —

BA BOEING CO 0.3%

Value $2.458M (-0.1%) Shares 11,355 (-8.1%) Est. Cost $179.03 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value $952K (-0.1%) Shares 1,898 (-2.1%) Est. Cost $494.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	55,569 (-37.1%)	$11.12M (-27.8%)	1.6%	$146.37	—	COM	67066G104
AEM	AGNICO EAGLE MINES LTD	44,645 (-17.5%)	$6.923M (-36.8%)	1.0%	$79.51	—	COM	008474108
INTC	INTEL CORP	100,170 (-55.9%)	$13.99M (+39.5%)	2.0%	$38.88	—	COM	458140100
XLK	SELECT SECTOR SPDR TR	15,168 (-70.5%)	$2.888M (-57.8%)	0.4%	$123.04	—	ST STR TECHN ETF	81369Y803
GDXJ	VANECK ETF TRUST	37,285 (-36.1%)	$3.663M (-47.7%)	0.5%	$76.08	—	JUNIOR GOLD MINE	92189F791
RY	ROYAL BK CDA	112,905 (-10.1%)	$23.33M (+15.2%)	3.3%	$96.47	—	COM	780087102
PHYS	SPROTT ASSET MANAGEMENT LP	492,118 (-2.6%)	$14.83M (-17.2%)	2.1%	$29.75	—	PHYSICAL GOLD TR	85207H104
GDX	VANECK ETF TRUST	25,595 (-51.3%)	$1.931M (-60.0%)	0.3%	$54.68	—	GOLD MINERS ETF	92189F106
HAL	HALLIBURTON CO	50,000 (-54.5%)	$1.698M (-60.4%)	0.2%	$24.67	—	COM	406216101
CM	CANADIAN IMPERIAL BANK OF CO	132,653 (-4.5%)	$15.25M (+16.1%)	2.2%	$50.18	—	COM	136069101
NEM	NEWMONT CORP	50,795 (-16.4%)	$4.744M (-27.9%)	0.7%	$49.01	—	COM	651639106
BMO	BANK MONTREAL MEDIUM	46,708 (-2.6%)	$8.239M (+27.1%)	1.2%	$85.03	—	COM	063671101
TFII	TFI INTERNATIONAL INC	55,920 (-4.1%)	$8.034M (+26.9%)	1.1%	$95.01	—	COM	87241L109
MCO	MOODYS CORP	5,625 (-41.9%)	$2.548M (-39.6%)	0.4%	$393.55	—	COM	615369105
FCX	FREEPORT MCMORAN INC	76,607 (-30.4%)	$4.818M (-25.5%)	0.7%	$38.98	—	CL B	35671D857
GOOG	ALPHABET INC	13,768 (-39.3%)	$4.865M (-25.2%)	0.7%	$150.16	—	CAP STK CL C	02079K107
ETN	EATON CORP PLC	505 (-88.8%)	$215K (-86.6%)	0.0%	$353.63	—	SHS	G29183103
LECO	LINCOLN ELEC HLDGS INC	6,000 (-50.0%)	$1.593M (-46.7%)	0.2%	$250.98	—	COM	533900106
MDALF	MDA SPACE LTD	142,500 (-20.3%)	$5.876M (+30.0%)	0.8%	$25.60	—	COM	55293N109
IWM	ISHARES TR	3,076 (-66.0%)	$924K (-58.9%)	0.1%	$229.93	—	RUSSELL 2000 ETF	464287655
CAT	CATERPILLAR INC	6,175 (-18.4%)	$6.576M (+22.7%)	0.9%	$414.53	—	COM	149123101
MU	MICRON TECHNOLOGY INC	200 (-95.0%)	$231K (-82.9%)	0.0%	$172.05	—	COM	595112103
EMXC	ISHARES INC	4,857 (-75.5%)	$497K (-68.2%)	0.1%	$66.94	—	MSCI EMRG CHN	46434G764
CRK	COMSTOCK RES INC	16,100 (-73.9%)	$240K (-81.5%)	0.0%	$21.41	—	COM	205768302
MS	MORGAN STANLEY	27,031 (-33.6%)	$5.651M (-15.7%)	0.8%	$115.56	—	COM NEW	617446448
PBA	PEMBINA PIPELINE CORP	135,551 (-16.6%)	$6.26M (-13.8%)	0.9%	$35.91	—	COM	706327103
HEI	HEICO CORP NEW	12,000 (-2.4%)	$4.274M (+26.7%)	0.6%	$135.93	—	COM	422806109
RKLB	ROCKET LAB CORP	31,150 (-13.8%)	$3.166M (+36.4%)	0.4%	$24.72	—	COM	773121108
WSC	WILLSCOT HLDGS CORP	128,300 (-50.8%)	$3.703M (-18.2%)	0.5%	$20.84	—	COM CL A	971378104
TSAT	TELESAT CORP	66,000 (-5.7%)	$3.341M (+32.4%)	0.5%	$23.00	—	CL A & CL B SHS	879512309
EVER	EVERQUOTE INC	10,000 (-84.4%)	$238K (-75.9%)	0.0%	$21.23	—	COM CL A	30041R108
JPM	JPMORGAN CHASE & CO	28,155 (-2.4%)	$9.216M (+8.6%)	1.3%	$253.17	—	COM	46625H100
ORCL	ORACLE CORP	4,551 (-51.8%)	$667K (-52.0%)	0.1%	$169.61	—	COM	68389X105
TER	TERADYNE INC	3,830 (-1.3%)	$1.853M (+61.1%)	0.3%	$138.48	—	COM	880770102
GS	GOLDMAN SACHS GROUP INC	10,265 (-21.2%)	$10.38M (-5.8%)	1.5%	$559.68	—	COM	38141G104
USAS	AMERICAS GOLD AND SILVER COR	16,856 (-85.6%)	$79,594 (-86.9%)	0.0%	$4.00	—	COM NEW	03062D803
XPO	XPO INC	24,000 (-14.3%)	$4.927M (-9.6%)	0.7%	$135.08	—	COM	983793100
CLH	CLEAN HARBORS INC	10,225 (-16.8%)	$3.055M (-13.3%)	0.4%	$109.53	—	COM	184496107
RBA	RB GLOBAL INC	77,088 (-13.1%)	$8.957M (+5.5%)	1.3%	$74.45	—	COM	74935Q107
FTAI	FTAI AVIATION LTD	12,000 (-20.0%)	$3.246M (-11.7%)	0.5%	$39.72	—	SHS	G3730V105
PFE	PFIZER INC	93,003 (-1.1%)	$2.24M (-15.2%)	0.3%	$26.39	—	COM	717081103
PI	IMPINJ INC	16,000 (-38.9%)	$2.292M (-14.8%)	0.3%	$139.43	—	COM	453204109
SPGI	S&P GLOBAL INC	2,480 (-24.8%)	$1.01M (-28.0%)	0.1%	$254.25	—	COM	78409V104
MA	MASTERCARD INCORPORATED	8,823 (-10.1%)	$4.531M (-7.6%)	0.6%	$427.08	—	CL A	57636Q104
BE	BLOOM ENERGY CORP	2,000 (-71.4%)	$605K (-36.2%)	0.1%	$32.55	—	COM CL A	093712107
BMM	BLUE MOON METALS INC	150,000 (-16.7%)	$950K (-18.3%)	0.1%	$4.07	—	COM	09570Q509
LYV	LIVE NATION ENTERTAINMENT IN	7,050 (-1.4%)	$1.291M (+18.4%)	0.2%	$120.84	—	COM	538034109
TRIP	TRIPADVISOR INC	111,153 (-11.1%)	$1.524M (+14.4%)	0.2%	$13.84	—	COM	896945201
ALGN	ALIGN TECHNOLOGY INC	11,100 (-7.5%)	$1.872M (-9.0%)	0.3%	$144.82	—	COM	016255101
AXP	AMERICAN EXPRESS CO	3,072 (-23.3%)	$1.039M (-14.2%)	0.1%	$356.17	—	COM	025816109
TCX	TUCOWS INC	31,671 (-8.7%)	$427K (-28.3%)	0.1%	$17.61	—	COM NEW	898697206
DIS	DISNEY WALT CO	6,839 (-19.6%)	$658K (-19.7%)	0.1%	$108.96	—	COM	254687106
BN	BROOKFIELD CORP	92,095 (-8.6%)	$3.922M (-3.8%)	0.6%	$30.51	—	CL A LTD VT SH	11271J107
ODFL	OLD DOMINION FREIGHT LINE IN	12,101 (-14.7%)	$2.621M (-5.4%)	0.4%	$162.01	—	COM	679580100
HD	HOME DEPOT INC	7,924 (-10.5%)	$2.795M (-4.1%)	0.4%	$364.19	—	COM	437076102
NATL	NCR ATLEOS CORPORATION	11,625 (-18.3%)	$505K (-18.6%)	0.1%	$34.80	—	COM SHS	63001N106
AME	AMETEK INC	4,475 (-1.8%)	$1.083M (+10.9%)	0.2%	$125.09	—	COM	031100100
LUNR	INTUITIVE MACHINES INC	13,000 (-35.0%)	$278K (-25.1%)	0.0%	$18.56	—	CLASS A COM	46125A100
QNST	QUINSTREET INC	26,700 (-3.3%)	$391K (+18.0%)	0.1%	$14.06	—	COM	74874Q100
VMET	VERSAMET ROYALTIES CORP	28,000 (-6.7%)	$343K (+20.8%)	0.0%	$9.47	—	COM NEW	92528V200
MFC	MANULIFE FINL CORP	26,403 (-18.2%)	$1.069M (-3.6%)	0.2%	$28.67	—	COM	56501R106
JAAA	JANUS DETROIT STR TR	38,100 (-2.2%)	$1.923M (-1.9%)	0.3%	$50.68	—	HENDRSON AAA CL	47103U845
WSO	WATSCO INC	880 (-3.3%)	$367K (+10.8%)	0.1%	$265.98	—	COM	942622200
ALSN	ALLISON TRANSMISSION HLDGS I	5,537 (-1.8%)	$624K (-5.4%)	0.1%	$88.55	—	COM	01973R101
AMRZ	AMRIZE LTD	9,400 (-1.1%)	$501K (-5.9%)	0.1%	$50.45	—	SHS	H2927K103
MSOS	ADVISORSHARES TR	24,537 (-8.3%)	$125K (+31.2%)	0.0%	$3.55	—	PURE US CANN ETF	00768Y453
DNN	DENISON MINES CORP	37,447 (-8.0%)	$115K (-20.3%)	0.0%	$3.77	—	COM	248356107
CRH	CRH PLC	6,855 (-1.4%)	$733K (+0.3%)	0.1%	$60.00	—	ORD	G25508105
BA	BOEING CO	11,355 (-8.1%)	$2.458M (-0.1%)	0.3%	$179.03	—	COM	097023105
TMO	THERMO FISHER SCIENTIFIC INC	1,898 (-2.1%)	$952K (-0.1%)	0.1%	$494.61	—	COM	883556102

Unchanged Positions (53)

TD TORONTO DOMINION BK ONT 1.2%

Value $8.593M Shares 70,814 Est. Cost $57.99 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 0.7%

Value $5.212M Shares 131,967 Est. Cost $32.72 Unrealized —

BNS BANK NOVA SCOTIA B C 0.8%

Value $5.721M Shares 65,949 Est. Cost $51.49 Unrealized —

VSEC VSE CORP 0.7%

Value $5.255M Shares 23,000 Est. Cost $87.73 Unrealized —

BCE BCE INC 0.8%

Value $5.478M Shares 254,812 Est. Cost $21.51 Unrealized —

SU SUNCOR ENERGY INC NEW 0.6%

Value $3.961M Shares 73,769 Est. Cost $21.39 Unrealized —

LLY ELI LILLY & CO 0.5%

Value $3.631M Shares 3,027 Est. Cost $677.18 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 2.1%

Value $14.47M Shares 28,923 Est. Cost $200.85 Unrealized —

URI UNITED RENTALS INC 0.2%

Value $1.586M Shares 1,400 Est. Cost $591.90 Unrealized —

V VISA INC 0.6%

Value $4.482M Shares 13,063 Est. Cost $188.47 Unrealized —

ILMN ILLUMINA INC 0.2%

Value $1.758M Shares 10,000 Est. Cost $135.42 Unrealized —

BHP BHP BILLITON LIMITED 0.6%

Value $4.083M Shares 49,005 Est. Cost $51.05 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 1.7%

Value $11.98M Shares 16 Est. Cost $553686.44 Unrealized —

ALB ALBEMARLE CORP 0.2%

Value $1.225M Shares 9,070 Est. Cost $171.25 Unrealized —

BIIB BIOGEN INC 0.3%

Value $2.161M Shares 10,000 Est. Cost $135.17 Unrealized —

TECK TECK RESOURCES LTD 0.4%

Value $2.623M Shares 44,120 Est. Cost $33.33 Unrealized —

IJH ISHARES TR 0.3%

Value $2.159M Shares 28,000 Est. Cost $59.99 Unrealized —

KWEB KRANESHARES TRUST 0.2%

Value $1.504M Shares 61,480 Est. Cost $28.43 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.5%

Value $3.395M Shares 3,629 Est. Cost $409.91 Unrealized —

VMI VALMONT INDS INC 0.1%

Value $578K Shares 1,000 Est. Cost $406.96 Unrealized —

EFXT ENERFLEX LTD 0.2%

Value $1.175M Shares 47,919 Est. Cost $6.68 Unrealized —

FDX FEDEX CORP 0.1%

Value $946K Shares 3,020 Est. Cost $242.32 Unrealized —

SOLS SOLSTICE ADVANCED MATLS INC 0.1%

Value $886K Shares 10,004 Est. Cost $65.21 Unrealized —

MGRC MCGRATH RENTCORP 0.2%

Value $1.21M Shares 10,000 Est. Cost $108.39 Unrealized —

B BARRICK MNG CORP 0.1%

Value $827K Shares 22,547 Est. Cost $45.52 Unrealized —

JNJ JOHNSON & JOHNSON 0.3%

Value $1.767M Shares 6,956 Est. Cost $147.14 Unrealized —

REGN REGENERON PHARMACEUTICALS 0.0%

Value $328K Shares 526 Est. Cost $599.16 Unrealized —

IWB ISHARES TR 0.1%

Value $591K Shares 1,443 Est. Cost $262.26 Unrealized —

CEPT CANTOR EQUITY PARTNERS II IN 0.1%

Value $403K Shares 30,000 Est. Cost $11.71 Unrealized —

RIO RIO TINTO PLC 0.5%

Value $3.821M Shares 40,250 Est. Cost $58.33 Unrealized —

SKE SKEENA RES LTD NEW 0.1%

Value $532K Shares 20,000 Est. Cost $30.52 Unrealized —

AON AON PLC 0.3%

Value $1.99M Shares 6,000 Est. Cost $336.05 Unrealized —

XBI SPDR SERIES TRUST 0.0%

Value $272K Shares 1,720 Est. Cost $106.51 Unrealized —

MSCI MSCI INC 0.2%

Value $1.391M Shares 2,484 Est. Cost $456.09 Unrealized —

GLD SPDR GOLD TR 0.0%

Value $304K Shares 825 Est. Cost $288.14 Unrealized —

URA GLOBAL X FDS 0.1%

Value $444K Shares 10,158 Est. Cost $48.43 Unrealized —

ETHE GRAYSCALE ETHEREUM STAKING E 0.0%

Value $130K Shares 10,150 Est. Cost $20.92 Unrealized —

SCHW SCHWAB CHARLES CORP 0.3%

Value $2.098M Shares 22,743 Est. Cost $59.02 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.0%

Value $239K Shares 602 Est. Cost $401.22 Unrealized —

WMT WALMART INC 0.1%

Value $389K Shares 3,437 Est. Cost $96.54 Unrealized —

INFQ INFLEQTION INC 0.0%

Value $133K Shares 10,000 Est. Cost $9.81 Unrealized —

MAT MATTEL INC 0.1%

Value $722K Shares 52,000 Est. Cost $19.24 Unrealized —

SILJ AMPLIFY ETF TR 0.0%

Value $228K Shares 8,799 Est. Cost $27.67 Unrealized —

SYK STRYKER CORPORATION 0.1%

Value $571K Shares 1,815 Est. Cost $255.93 Unrealized —

CVE CENOVUS ENERGY INC 0.1%

Value $353K Shares 14,272 Est. Cost $17.45 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.0%

Value $230K Shares 1,080 Est. Cost $190.58 Unrealized —

ILF ISHARES TR 0.1%

Value $382K Shares 11,351 Est. Cost $35.52 Unrealized —

OSK OSHKOSH CORP 0.1%

Value $430K Shares 2,800 Est. Cost $131.45 Unrealized —

EVLV EVOLV TECHNOLOGIES HLDNGS IN 0.0%

Value $322K Shares 55,500 Est. Cost $7.00 Unrealized —

SHY ISHARES TR 0.3%

Value $1.905M Shares 23,200 Est. Cost $108.49 Unrealized —

CTVA CORTEVA INC 0.1%

Value $851K Shares 10,050 Est. Cost $61.25 Unrealized —

SDCI USCF ETF TR 0.0%

Value $232K Shares 8,782 Est. Cost $27.24 Unrealized —

AMLP ALPS ETF TR 0.0%

Value $327K Shares 6,314 Est. Cost $52.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TD	TORONTO DOMINION BK ONT	70,814	$8.593M	1.2%	$57.99	—	COM NEW	891160509
CNQ	CANADIAN NAT RES LTD MED TER	131,967	$5.212M	0.7%	$32.72	—	COM	136385101
BNS	BANK NOVA SCOTIA B C	65,949	$5.721M	0.8%	$51.49	—	COM	064149107
VSEC	VSE CORP	23,000	$5.255M	0.7%	$87.73	—	COM	918284100
BCE	BCE INC	254,812	$5.478M	0.8%	$21.51	—	COM NEW	05534B760
SU	SUNCOR ENERGY INC NEW	73,769	$3.961M	0.6%	$21.39	—	COM	867224107
LLY	ELI LILLY & CO	3,027	$3.631M	0.5%	$677.18	—	COM	532457108
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,923	$14.47M	2.1%	$200.85	—	CL B NEW	084670702
URI	UNITED RENTALS INC	1,400	$1.586M	0.2%	$591.90	—	COM	911363109
V	VISA INC	13,063	$4.482M	0.6%	$188.47	—	COM CL A	92826C839
ILMN	ILLUMINA INC	10,000	$1.758M	0.2%	$135.42	—	COM	452327109
BHP	BHP BILLITON LIMITED	49,005	$4.083M	0.6%	$51.05	—	SPONSORED ADS	088606108
BRK/A	BERKSHIRE HATHAWAY INC DEL	16	$11.98M	1.7%	$553686.44	—	CL A	084670108
ALB	ALBEMARLE CORP	9,070	$1.225M	0.2%	$171.25	—	COM	012653101
BIIB	BIOGEN INC	10,000	$2.161M	0.3%	$135.17	—	COM	09062X103
TECK	TECK RESOURCES LTD	44,120	$2.623M	0.4%	$33.33	—	CL B	878742204
IJH	ISHARES TR	28,000	$2.159M	0.3%	$59.99	—	CORE S&P MCP ETF	464287507
KWEB	KRANESHARES TRUST	61,480	$1.504M	0.2%	$28.43	—	CSI CHI INTERNET	500767306
COST	COSTCO WHOLESALE CORPORATION	3,629	$3.395M	0.5%	$409.91	—	COM	22160K105
VMI	VALMONT INDS INC	1,000	$578K	0.1%	$406.96	—	COM	920253101
EFXT	ENERFLEX LTD	47,919	$1.175M	0.2%	$6.68	—	COM	29269R105
FDX	FEDEX CORP	3,020	$946K	0.1%	$242.32	—	COM	31428X106
SOLS	SOLSTICE ADVANCED MATLS INC	10,004	$886K	0.1%	$65.21	—	COM SHS	83443Q103
MGRC	MCGRATH RENTCORP	10,000	$1.21M	0.2%	$108.39	—	COM	580589109
B	BARRICK MNG CORP	22,547	$827K	0.1%	$45.52	—	COM SHS	06849F108
JNJ	JOHNSON & JOHNSON	6,956	$1.767M	0.3%	$147.14	—	COM	478160104
REGN	REGENERON PHARMACEUTICALS	526	$328K	0.0%	$599.16	—	COM	75886F107
IWB	ISHARES TR	1,443	$591K	0.1%	$262.26	—	RUS 1000 ETF	464287622
CEPT	CANTOR EQUITY PARTNERS II IN	30,000	$403K	0.1%	$11.71	—	CL A ORD SHS	G1827P106
RIO	RIO TINTO PLC	40,250	$3.821M	0.5%	$58.33	—	SPONSORED ADR	767204100
SKE	SKEENA RES LTD NEW	20,000	$532K	0.1%	$30.52	—	COM	83056P715
AON	AON PLC	6,000	$1.99M	0.3%	$336.05	—	SHS CL A	G0403H108
XBI	SPDR SERIES TRUST	1,720	$272K	0.0%	$106.51	—	ST STR SP BIOT	78464A870
MSCI	MSCI INC	2,484	$1.391M	0.2%	$456.09	—	COM	55354G100
GLD	SPDR GOLD TR	825	$304K	0.0%	$288.14	—	GOLD SHS	78463V107
URA	GLOBAL X FDS	10,158	$444K	0.1%	$48.43	—	GLOBAL X URANIUM	37954Y871
ETHE	GRAYSCALE ETHEREUM STAKING E	10,150	$130K	0.0%	$20.92	—	SHS	389638107
SCHW	SCHWAB CHARLES CORP	22,743	$2.098M	0.3%	$59.02	—	COM	808513105
ISRG	INTUITIVE SURGICAL INC	602	$239K	0.0%	$401.22	—	COM NEW	46120E602
WMT	WALMART INC	3,437	$389K	0.1%	$96.54	—	COM	931142103
INFQ	INFLEQTION INC	10,000	$133K	0.0%	$9.81	—	COM SHS	45676K103
MAT	MATTEL INC	52,000	$722K	0.1%	$19.24	—	COM	577081102
SILJ	AMPLIFY ETF TR	8,799	$228K	0.0%	$27.67	—	JR SILV MINE ETF	032108649
SYK	STRYKER CORPORATION	1,815	$571K	0.1%	$255.93	—	COM	863667101
CVE	CENOVUS ENERGY INC	14,272	$353K	0.1%	$17.45	—	COM	15135U109
RSP	INVESCO EXCHANGE TRADED FD T	1,080	$230K	0.0%	$190.58	—	S&P500 EQL WGT	46137V357
ILF	ISHARES TR	11,351	$382K	0.1%	$35.52	—	LATN AMER 40 ETF	464287390
OSK	OSHKOSH CORP	2,800	$430K	0.1%	$131.45	—	COM	688239201
EVLV	EVOLV TECHNOLOGIES HLDNGS IN	55,500	$322K	0.0%	$7.00	—	COM CL A	30049H102
SHY	ISHARES TR	23,200	$1.905M	0.3%	$108.49	—	1 3 YR TREAS BD	464287457
CTVA	CORTEVA INC	10,050	$851K	0.1%	$61.25	—	COM	22052L104
SDCI	USCF ETF TR	8,782	$232K	0.0%	$27.24	—	SUMMERHAVEN K1	90290T809
AMLP	ALPS ETF TR	6,314	$327K	0.0%	$52.61	—	ALERIAN MLP	00162Q452