Manhattan West Asset Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IQV	IQVIA HLDGS INC	14,791	$2,522	0.5%	$210.16	0.0%	COM	46266C105
VTEC	VANGUARD CALIF TAX FREE FDS	24,634	$2,441	0.5%	$99.08	—	TAX EXEMPT BD FD	922021605
VTEB	VANGUARD MUN BD FDS	14,548	$726	0.1%	$49.89	—	TAX EXEMPT BD	922907746
SPYI	NEOS ETF TRUST	8,516	$420	0.1%	$49.37	—	NEOS S&P 500 HI	78433H303
VGIT	VANGUARD SCOTTSDALE FDS	6,850	$408	0.1%	$59.55	—	INTER TERM TREAS	92206C706
CVX	CHEVRON CORPORATION	1,830	$379	0.1%	$171.87	0.0%	COM	166764100
PLTR	PALANTIR TECHNOLOGIES INC	1,971	$288	0.1%	$154.17	0.0%	CL A	69608A108
AMCR	AMCOR PLC	7,079	$281	0.1%	$45.83	0.0%	COM NEW	G0250X149
TJX	TJX COS INC NEW	1,450	$232	0.0%	$154.23	0.0%	COM	872540109
VRT	VERTIV HOLDINGS CO	857	$215	0.0%	$199.85	0.0%	COM CL A	92537N108
VO	VANGUARD INDEX FDS	747	$215	0.0%	$287.18	—	MID CAP ETF	922908629
UNP	UNION PAC CORP	876	$213	0.0%	$243.32	0.0%	COM	907818108
AEP	AMERICAN ELEC PWR CO INC	1,598	$209	0.0%	$120.54	0.0%	COM	025537101
KO	COCA COLA CO	2,646	$201	0.0%	$74.76	0.0%	COM	191216100

Increased Positions (80)

LMUB ISHARES TR 1.5%

Value ($000) $7,908 (+166.0%) Shares 158,388 (+168.4%) Est. Cost $50.04 Unrealized —

MBB ISHARES TR 4.3%

Value ($000) $21,791 (+17.0%) Shares 229,499 (+17.3%) Est. Cost $93.30 Unrealized —

MSFT MICROSOFT CORP 3.8%

Value ($000) $19,584 (-13.8%) Shares 52,906 (+12.6%) Est. Cost $336.25 Unrealized +29.3%

NVDA NVIDIA CORPORATION 5.7%

Value ($000) $29,309 (+10.7%) Shares 168,057 (+18.4%) Est. Cost $116.44 Unrealized +60.3%

ASML ASML HLDG NV 2.0%

Value ($000) $10,345 (+30.6%) Shares 7,831 (+5.8%) Est. Cost $747.39 Unrealized —

UBER UBER TECHNOLOGIES INC 1.6%

Value ($000) $7,963 (+30.7%) Shares 110,702 (+48.4%) Est. Cost $77.52 Unrealized +1.6%

CMF ISHARES TR 4.4%

Value ($000) $22,618 (+8.3%) Shares 397,775 (+9.5%) Est. Cost $55.90 Unrealized —

XLU SELECT SECTOR SPDR TR 2.3%

Value ($000) $11,708 (+16.3%) Shares 255,135 (+8.2%) Est. Cost $60.47 Unrealized —

LIN LINDE PLC 1.0%

Value ($000) $5,042 (+40.9%) Shares 10,169 (+21.2%) Est. Cost $394.93 Unrealized +16.5%

COST COSTCO WHOLESALE CORPORATION 1.1%

Value ($000) $5,811 (+25.8%) Shares 5,831 (+8.9%) Est. Cost $677.11 Unrealized +42.3%

TRGP TARGA RES CORP 0.6%

Value ($000) $3,072 (+61.0%) Shares 12,253 (+18.5%) Est. Cost $188.80 Unrealized +6.8%

SPTS SPDR SERIES TRUST 2.5%

Value ($000) $12,799 (+8.3%) Shares 438,612 (+8.7%) Est. Cost $29.04 Unrealized —

SPTL SPDR SERIES TRUST 2.7%

Value ($000) $13,890 (+7.4%) Shares 528,153 (+8.1%) Est. Cost $27.05 Unrealized —

IGIB ISHARES TR 1.1%

Value ($000) $5,792 (+15.7%) Shares 108,835 (+17.1%) Est. Cost $53.57 Unrealized —

QCOM QUALCOMM INC 0.6%

Value ($000) $3,059 (-19.9%) Shares 23,750 (+6.4%) Est. Cost $137.26 Unrealized +12.1%

PFE PFIZER INC 0.6%

Value ($000) $3,019 (+32.9%) Shares 107,519 (+17.9%) Est. Cost $30.20 Unrealized -13.3%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $3,445 (+27.5%) Shares 14,093 (+8.0%) Est. Cost $153.77 Unrealized +48.2%

IEFA ISHARES TR 3.3%

Value ($000) $16,967 (+4.4%) Shares 187,413 (+3.2%) Est. Cost $86.16 Unrealized —

FTNT FORTINET INC 0.8%

Value ($000) $3,909 (+21.1%) Shares 47,833 (+17.7%) Est. Cost $71.52 Unrealized +11.8%

GOOGL ALPHABET INC 4.9%

Value ($000) $25,132 (-2.6%) Shares 87,397 (+6.0%) Est. Cost $140.44 Unrealized +130.2%

FMHI FIRST TR EXCH TRADED FD III 2.1%

Value ($000) $10,838 (+6.6%) Shares 227,982 (+7.4%) Est. Cost $46.98 Unrealized —

SPMD SPDR SERIES TRUST 0.9%

Value ($000) $4,423 (+16.7%) Shares 74,685 (+14.1%) Est. Cost $52.33 Unrealized —

GD GENERAL DYNAMICS CORP 1.2%

Value ($000) $6,113 (+11.2%) Shares 17,811 (+9.0%) Est. Cost $244.28 Unrealized +45.1%

NFLX NETFLIX INC. 1.0%

Value ($000) $4,966 (+13.1%) Shares 51,644 (+10.3%) Est. Cost $100.41 Unrealized -16.5%

AMZN AMAZON COM INC 3.4%

Value ($000) $17,501 (-3.1%) Shares 84,031 (+7.4%) Est. Cost $148.69 Unrealized +52.5%

SNOW SNOWFLAKE INC 0.7%

Value ($000) $3,338 (+17.8%) Shares 22,129 (+71.3%) Est. Cost $174.44 Unrealized +11.5%

GLD SPDR GOLD TR 0.3%

Value ($000) $1,432 (+50.4%) Shares 3,329 (+38.5%) Est. Cost $291.53 Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.6%

Value ($000) $3,092 (+18.3%) Shares 39,313 (+10.7%) Est. Cost $78.64 Unrealized -1.8%

PM PHILIP MORRIS INTL INC 1.0%

Value ($000) $5,035 (+10.3%) Shares 30,454 (+7.1%) Est. Cost $92.08 Unrealized +91.0%

AJG GALLAGHER ARTHUR J & CO 0.4%

Value ($000) $2,245 (+26.3%) Shares 10,365 (+50.9%) Est. Cost $280.04 Unrealized -14.2%

CCJ CAMECO CORP 0.4%

Value ($000) $2,095 (+26.8%) Shares 19,289 (+6.8%) Est. Cost $57.98 Unrealized +100.5%

VOO VANGUARD INDEX FDS 0.2%

Value ($000) $971 (+81.0%) Shares 1,624 (+89.9%) Est. Cost $555.04 Unrealized —

PG PROCTER & GAMBLE CO 1.0%

Value ($000) $4,987 (+8.2%) Shares 34,527 (+7.4%) Est. Cost $147.94 Unrealized +2.6%

GNRC GENERAC HLDGS INC 0.2%

Value ($000) $975 (+51.0%) Shares 4,994 (+5.4%) Est. Cost $140.30 Unrealized +30.5%

GLDM WORLD GOLD TR 0.1%

Value ($000) $585 (+123.1%) Shares 6,313 (+105.5%) Est. Cost $77.70 Unrealized —

WMT WALMART INC 0.2%

Value ($000) $802 (+63.2%) Shares 6,455 (+46.3%) Est. Cost $99.40 Unrealized +22.8%

LDOS LEIDOS HOLDINGS INC 0.9%

Value ($000) $4,832 (-6.0%) Shares 31,069 (+9.0%) Est. Cost $108.18 Unrealized +72.0%

SPSM SPDR SERIES TRUST 0.5%

Value ($000) $2,467 (+14.0%) Shares 51,049 (+10.6%) Est. Cost $44.33 Unrealized —

AVTR AVANTOR INC 0.4%

Value ($000) $1,937 (-13.2%) Shares 247,076 (+26.9%) Est. Cost $14.62 Unrealized -24.8%

ENB ENBRIDGE INC 0.3%

Value ($000) $1,407 (+23.8%) Shares 25,983 (+9.4%) Est. Cost $34.75 Unrealized +39.8%

AAPL APPLE INC 3.3%

Value ($000) $16,632 (+1.6%) Shares 65,532 (+8.9%) Est. Cost $182.23 Unrealized +44.2%

VNQ VANGUARD INDEX FDS 0.6%

Value ($000) $2,920 (+10.0%) Shares 32,924 (+9.7%) Est. Cost $88.34 Unrealized —

DHI D R HORTON INC 1.1%

Value ($000) $5,746 (+4.7%) Shares 41,877 (+9.9%) Est. Cost $114.55 Unrealized +36.1%

C CITIGROUP INC 1.4%

Value ($000) $6,955 (+3.8%) Shares 61,321 (+6.8%) Est. Cost $54.14 Unrealized +114.6%

JPM JPMORGAN CHASE & CO 1.7%

Value ($000) $8,626 (-2.7%) Shares 29,324 (+6.6%) Est. Cost $158.19 Unrealized +96.9%

V VISA INC 0.8%

Value ($000) $4,192 (-5.4%) Shares 13,868 (+9.8%) Est. Cost $255.71 Unrealized +28.7%

LLY ELI LILLY & CO 0.4%

Value ($000) $2,103 (-10.0%) Shares 2,286 (+5.2%) Est. Cost $712.67 Unrealized +46.9%

EL LAUDER ESTEE COS INC 0.1%

Value ($000) $601 (-26.0%) Shares 8,368 (+7.9%) Est. Cost $95.88 Unrealized +16.7%

SNY SANOFI SA 0.7%

Value ($000) $3,818 (+5.5%) Shares 79,249 (+6.1%) Est. Cost $50.50 Unrealized —

EMXC ISHARES INC 0.2%

Value ($000) $1,090 (+20.5%) Shares 13,853 (+11.3%) Est. Cost $62.40 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value ($000) $8,444 (+2.2%) Shares 17,621 (+7.2%) Est. Cost $364.77 Unrealized +35.3%

TSLA TESLA INC 0.2%

Value ($000) $955 (-15.4%) Shares 2,568 (+2.4%) Est. Cost $302.69 Unrealized +40.7%

LRCX LAM RESEARCH CORP 0.1%

Value ($000) $360 (+76.5%) Shares 1,685 (+41.4%) Est. Cost $176.01 Unrealized +28.4%

VGLT VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $1,937 (+8.7%) Shares 34,990 (+9.6%) Est. Cost $58.30 Unrealized —

PYPL PAYPAL HLDGS INC 0.1%

Value ($000) $602 (-20.5%) Shares 13,314 (+2.6%) Est. Cost $78.93 Unrealized -36.6%

UNH UNITEDHEALTH GROUP INC 0.5%

Value ($000) $2,807 (-5.1%) Shares 10,374 (+15.7%) Est. Cost $418.94 Unrealized -26.3%

META META PLATFORMS INC 0.2%

Value ($000) $1,074 (-12.0%) Shares 1,877 (+1.5%) Est. Cost $424.15 Unrealized +54.6%

MA MASTERCARD INCORPORATED 0.2%

Value ($000) $1,063 (-10.7%) Shares 2,127 (+2.0%) Est. Cost $432.93 Unrealized +24.5%

XLE SELECT SECTOR SPDR TR 0.1%

Value ($000) $381 (+46.4%) Shares 6,227 (+6.8%) Est. Cost $63.43 Unrealized —

MUB ISHARES TR 2.9%

Value ($000) $14,956 (+0.8%) Shares 140,890 (+1.7%) Est. Cost $106.69 Unrealized —

LMT LOCKHEED MARTIN CORP 0.1%

Value ($000) $510 (+26.3%) Shares 843 (+1.1%) Est. Cost $423.12 Unrealized +42.0%

GS GOLDMAN SACHS GROUP INC 0.9%

Value ($000) $4,691 (+2.3%) Shares 5,544 (+6.3%) Est. Cost $393.91 Unrealized +136.8%

GIB CGI INC 0.4%

Value ($000) $2,199 (-4.5%) Shares 30,083 (+20.6%) Est. Cost $90.73 Unrealized -7.5%

LOW LOWES COS INC 0.4%

Value ($000) $1,829 (+5.8%) Shares 7,741 (+8.0%) Est. Cost $215.71 Unrealized +25.9%

DIS DISNEY WALT CO 0.4%

Value ($000) $1,944 (-4.1%) Shares 20,168 (+13.2%) Est. Cost $107.23 Unrealized +2.1%

AMRZ AMRIZE LTD 0.2%

Value ($000) $781 (+11.2%) Shares 13,936 (+7.3%) Est. Cost $51.44 Unrealized +11.0%

PAGS PAGSEGURO DIGITAL LTD 0.1%

Value ($000) $597 (+12.6%) Shares 59,605 (+8.3%) Est. Cost $10.26 Unrealized +4.6%

ALV AUTOLIV INC 0.7%

Value ($000) $3,488 (-1.8%) Shares 33,170 (+10.9%) Est. Cost $94.59 Unrealized +32.1%

NVO NOVO-NORDISK A S 0.3%

Value ($000) $1,568 (-3.1%) Shares 42,665 (+34.1%) Est. Cost $57.99 Unrealized —

GOOG ALPHABET INC 0.2%

Value ($000) $1,139 (+4.4%) Shares 3,971 (+14.2%) Est. Cost $178.49 Unrealized +81.3%

ETN EATON CORP PLC 0.1%

Value ($000) $273 (+18.8%) Shares 762 (+5.8%) Est. Cost $309.30 Unrealized +14.3%

MS MORGAN STANLEY 0.1%

Value ($000) $406 (+11.4%) Shares 2,469 (+20.1%) Est. Cost $134.40 Unrealized +33.7%

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $726 (+5.9%) Shares 5,465 (+14.7%) Est. Cost $164.09 Unrealized —

RTX RTX CORPORATION 0.1%

Value ($000) $458 (+8.9%) Shares 2,375 (+3.6%) Est. Cost $128.20 Unrealized +53.4%

XLI SELECT SECTOR SPDR TR 0.1%

Value ($000) $315 (+9.3%) Shares 1,947 (+4.8%) Est. Cost $155.43 Unrealized —

GO GROCERY OUTLET HLDG CORP 0.1%

Value ($000) $469 (+4.1%) Shares 66,520 (+49.1%) Est. Cost $15.52 Unrealized -36.9%

XLY SELECT SECTOR SPDR TR 0.0%

Value ($000) $216 (-7.7%) Shares 1,984 (+1.2%) Est. Cost $182.34 Unrealized —

ABBV ABBVIE INC 0.1%

Value ($000) $645 (-1.4%) Shares 2,963 (+3.6%) Est. Cost $151.43 Unrealized +47.0%

CRSP CRISPR THERAPEUTICS AG 0.1%

Value ($000) $452 (+2.0%) Shares 9,502 (+12.4%) Est. Cost $43.84 Unrealized +22.0%

IBIT ISHARES BITCOIN TRUST ETF 0.1%

Value ($000) $529 (+1.5%) Shares 13,763 (+31.1%) Est. Cost $58.69 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LMUB	ISHARES TR	158,388 (+168.4%)	$7,908 (+166.0%)	1.5%	$50.04	—	LONG TERM MUNI	46438G448
MBB	ISHARES TR	229,499 (+17.3%)	$21,791 (+17.0%)	4.3%	$93.30	—	MBS ETF	464288588
MSFT	MICROSOFT CORP	52,906 (+12.6%)	$19,584 (-13.8%)	3.8%	$336.25	+29.3%	COM	594918104
NVDA	NVIDIA CORPORATION	168,057 (+18.4%)	$29,309 (+10.7%)	5.7%	$116.44	+60.3%	COM	67066G104
ASML	ASML HLDG NV	7,831 (+5.8%)	$10,345 (+30.6%)	2.0%	$747.39	—	N Y REGISTRY SHS	N07059210
UBER	UBER TECHNOLOGIES INC	110,702 (+48.4%)	$7,963 (+30.7%)	1.6%	$77.52	+1.6%	COM	90353T100
CMF	ISHARES TR	397,775 (+9.5%)	$22,618 (+8.3%)	4.4%	$55.90	—	CALIF MUN BD ETF	464288356
XLU	SELECT SECTOR SPDR TR	255,135 (+8.2%)	$11,708 (+16.3%)	2.3%	$60.47	—	STATE STREET UTI	81369Y886
LIN	LINDE PLC	10,169 (+21.2%)	$5,042 (+40.9%)	1.0%	$394.93	+16.5%	SHS	G54950103
COST	COSTCO WHOLESALE CORPORATION	5,831 (+8.9%)	$5,811 (+25.8%)	1.1%	$677.11	+42.3%	COM	22160K105
TRGP	TARGA RES CORP	12,253 (+18.5%)	$3,072 (+61.0%)	0.6%	$188.80	+6.8%	COM	87612G101
SPTS	SPDR SERIES TRUST	438,612 (+8.7%)	$12,799 (+8.3%)	2.5%	$29.04	—	STATE STREET SPD	78468R101
SPTL	SPDR SERIES TRUST	528,153 (+8.1%)	$13,890 (+7.4%)	2.7%	$27.05	—	STATE STREET SPD	78464A664
IGIB	ISHARES TR	108,835 (+17.1%)	$5,792 (+15.7%)	1.1%	$53.57	—	ISHS 5-10YR INVT	464288638
QCOM	QUALCOMM INC	23,750 (+6.4%)	$3,059 (-19.9%)	0.6%	$137.26	+12.1%	COM	747525103
PFE	PFIZER INC	107,519 (+17.9%)	$3,019 (+32.9%)	0.6%	$30.20	-13.3%	COM	717081103
JNJ	JOHNSON & JOHNSON	14,093 (+8.0%)	$3,445 (+27.5%)	0.7%	$153.77	+48.2%	COM	478160104
IEFA	ISHARES TR	187,413 (+3.2%)	$16,967 (+4.4%)	3.3%	$86.16	—	CORE MSCI EAFE	46432F842
FTNT	FORTINET INC	47,833 (+17.7%)	$3,909 (+21.1%)	0.8%	$71.52	+11.8%	COM	34959E109
GOOGL	ALPHABET INC	87,397 (+6.0%)	$25,132 (-2.6%)	4.9%	$140.44	+130.2%	CAP STK CL A	02079K305
FMHI	FIRST TR EXCH TRADED FD III	227,982 (+7.4%)	$10,838 (+6.6%)	2.1%	$46.98	—	MUNI HI INCM ETF	33739P301
SPMD	SPDR SERIES TRUST	74,685 (+14.1%)	$4,423 (+16.7%)	0.9%	$52.33	—	STATE STREET SPD	78464A847
GD	GENERAL DYNAMICS CORP	17,811 (+9.0%)	$6,113 (+11.2%)	1.2%	$244.28	+45.1%	COM	369550108
NFLX	NETFLIX INC.	51,644 (+10.3%)	$4,966 (+13.1%)	1.0%	$100.41	-16.5%	COM	64110L106
AMZN	AMAZON COM INC	84,031 (+7.4%)	$17,501 (-3.1%)	3.4%	$148.69	+52.5%	COM	023135106
SNOW	SNOWFLAKE INC	22,129 (+71.3%)	$3,338 (+17.8%)	0.7%	$174.44	+11.5%	COM SHS	833445109
GLD	SPDR GOLD TR	3,329 (+38.5%)	$1,432 (+50.4%)	0.3%	$291.53	—	GOLD SHS	78463V107
CP	CANADIAN PACIFIC KANSAS CITY	39,313 (+10.7%)	$3,092 (+18.3%)	0.6%	$78.64	-1.8%	COM	13646K108
PM	PHILIP MORRIS INTL INC	30,454 (+7.1%)	$5,035 (+10.3%)	1.0%	$92.08	+91.0%	COM	718172109
AJG	GALLAGHER ARTHUR J & CO	10,365 (+50.9%)	$2,245 (+26.3%)	0.4%	$280.04	-14.2%	COM	363576109
CCJ	CAMECO CORP	19,289 (+6.8%)	$2,095 (+26.8%)	0.4%	$57.98	+100.5%	COM	13321L108
VOO	VANGUARD INDEX FDS	1,624 (+89.9%)	$971 (+81.0%)	0.2%	$555.04	—	S&P 500 ETF SHS	922908363
PG	PROCTER & GAMBLE CO	34,527 (+7.4%)	$4,987 (+8.2%)	1.0%	$147.94	+2.6%	COM	742718109
GNRC	GENERAC HLDGS INC	4,994 (+5.4%)	$975 (+51.0%)	0.2%	$140.30	+30.5%	COM	368736104
GLDM	WORLD GOLD TR	6,313 (+105.5%)	$585 (+123.1%)	0.1%	$77.70	—	SPDR GLD MINIS	98149E303
WMT	WALMART INC	6,455 (+46.3%)	$802 (+63.2%)	0.2%	$99.40	+22.8%	COM	931142103
LDOS	LEIDOS HOLDINGS INC	31,069 (+9.0%)	$4,832 (-6.0%)	0.9%	$108.18	+72.0%	COM	525327102
SPSM	SPDR SERIES TRUST	51,049 (+10.6%)	$2,467 (+14.0%)	0.5%	$44.33	—	STATE STREET SPD	78468R853
AVTR	AVANTOR INC	247,076 (+26.9%)	$1,937 (-13.2%)	0.4%	$14.62	-24.8%	COM	05352A100
ENB	ENBRIDGE INC	25,983 (+9.4%)	$1,407 (+23.8%)	0.3%	$34.75	+39.8%	COM	29250N105
AAPL	APPLE INC	65,532 (+8.9%)	$16,632 (+1.6%)	3.3%	$182.23	+44.2%	COM	037833100
VNQ	VANGUARD INDEX FDS	32,924 (+9.7%)	$2,920 (+10.0%)	0.6%	$88.34	—	REAL ESTATE ETF	922908553
DHI	D R HORTON INC	41,877 (+9.9%)	$5,746 (+4.7%)	1.1%	$114.55	+36.1%	COM	23331A109
C	CITIGROUP INC	61,321 (+6.8%)	$6,955 (+3.8%)	1.4%	$54.14	+114.6%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	29,324 (+6.6%)	$8,626 (-2.7%)	1.7%	$158.19	+96.9%	COM	46625H100
V	VISA INC	13,868 (+9.8%)	$4,192 (-5.4%)	0.8%	$255.71	+28.7%	COM CL A	92826C839
LLY	ELI LILLY & CO	2,286 (+5.2%)	$2,103 (-10.0%)	0.4%	$712.67	+46.9%	COM	532457108
EL	LAUDER ESTEE COS INC	8,368 (+7.9%)	$601 (-26.0%)	0.1%	$95.88	+16.7%	CL A	518439104
SNY	SANOFI SA	79,249 (+6.1%)	$3,818 (+5.5%)	0.7%	$50.50	—	SPONSORED ADR	80105N105
EMXC	ISHARES INC	13,853 (+11.3%)	$1,090 (+20.5%)	0.2%	$62.40	—	MSCI EMRG CHN	46434G764
BRK/B	BERKSHIRE HATHAWAY INC DEL	17,621 (+7.2%)	$8,444 (+2.2%)	1.7%	$364.77	+35.3%	CL B NEW	084670702
TSLA	TESLA INC	2,568 (+2.4%)	$955 (-15.4%)	0.2%	$302.69	+40.7%	COM	88160R101
LRCX	LAM RESEARCH CORP	1,685 (+41.4%)	$360 (+76.5%)	0.1%	$176.01	+28.4%	COM NEW	512807306
VGLT	VANGUARD SCOTTSDALE FDS	34,990 (+9.6%)	$1,937 (+8.7%)	0.4%	$58.30	—	LONG TERM TREAS	92206C847
PYPL	PAYPAL HLDGS INC	13,314 (+2.6%)	$602 (-20.5%)	0.1%	$78.93	-36.6%	COM	70450Y103
UNH	UNITEDHEALTH GROUP INC	10,374 (+15.7%)	$2,807 (-5.1%)	0.5%	$418.94	-26.3%	COM	91324P102
META	META PLATFORMS INC	1,877 (+1.5%)	$1,074 (-12.0%)	0.2%	$424.15	+54.6%	CL A	30303M102
MA	MASTERCARD INCORPORATED	2,127 (+2.0%)	$1,063 (-10.7%)	0.2%	$432.93	+24.5%	CL A	57636Q104
XLE	SELECT SECTOR SPDR TR	6,227 (+6.8%)	$381 (+46.4%)	0.1%	$63.43	—	STATE STREET ENE	81369Y506
MUB	ISHARES TR	140,890 (+1.7%)	$14,956 (+0.8%)	2.9%	$106.69	—	NATIONAL MUN ETF	464288414
LMT	LOCKHEED MARTIN CORP	843 (+1.1%)	$510 (+26.3%)	0.1%	$423.12	+42.0%	COM	539830109
GS	GOLDMAN SACHS GROUP INC	5,544 (+6.3%)	$4,691 (+2.3%)	0.9%	$393.91	+136.8%	COM	38141G104
GIB	CGI INC	30,083 (+20.6%)	$2,199 (-4.5%)	0.4%	$90.73	-7.5%	CL A SUB VTG	12532H104
LOW	LOWES COS INC	7,741 (+8.0%)	$1,829 (+5.8%)	0.4%	$215.71	+25.9%	COM	548661107
DIS	DISNEY WALT CO	20,168 (+13.2%)	$1,944 (-4.1%)	0.4%	$107.23	+2.1%	COM	254687106
AMRZ	AMRIZE LTD	13,936 (+7.3%)	$781 (+11.2%)	0.2%	$51.44	+11.0%	SHS	H2927K103
PAGS	PAGSEGURO DIGITAL LTD	59,605 (+8.3%)	$597 (+12.6%)	0.1%	$10.26	+4.6%	COM CL A	G68707101
ALV	AUTOLIV INC	33,170 (+10.9%)	$3,488 (-1.8%)	0.7%	$94.59	+32.1%	COM	052800109
NVO	NOVO-NORDISK A S	42,665 (+34.1%)	$1,568 (-3.1%)	0.3%	$57.99	—	ADR	670100205
GOOG	ALPHABET INC	3,971 (+14.2%)	$1,139 (+4.4%)	0.2%	$178.49	+81.3%	CAP STK CL C	02079K107
ETN	EATON CORP PLC	762 (+5.8%)	$273 (+18.8%)	0.1%	$309.30	+14.3%	SHS	G29183103
MS	MORGAN STANLEY	2,469 (+20.1%)	$406 (+11.4%)	0.1%	$134.40	+33.7%	COM NEW	617446448
XLK	SELECT SECTOR SPDR TR	5,465 (+14.7%)	$726 (+5.9%)	0.1%	$164.09	—	STATE STREET TEC	81369Y803
RTX	RTX CORPORATION	2,375 (+3.6%)	$458 (+8.9%)	0.1%	$128.20	+53.4%	COM	75513E101
XLI	SELECT SECTOR SPDR TR	1,947 (+4.8%)	$315 (+9.3%)	0.1%	$155.43	—	STATE STREET IND	81369Y704
GO	GROCERY OUTLET HLDG CORP	66,520 (+49.1%)	$469 (+4.1%)	0.1%	$15.52	-36.9%	COM	39874R101
XLY	SELECT SECTOR SPDR TR	1,984 (+1.2%)	$216 (-7.7%)	0.0%	$182.34	—	STATE STREET CON	81369Y407
ABBV	ABBVIE INC	2,963 (+3.6%)	$645 (-1.4%)	0.1%	$151.43	+47.0%	COM	00287Y109
CRSP	CRISPR THERAPEUTICS AG	9,502 (+12.4%)	$452 (+2.0%)	0.1%	$43.84	+22.0%	NAMEN AKT	H17182108
IBIT	ISHARES BITCOIN TRUST ETF	13,763 (+31.1%)	$529 (+1.5%)	0.1%	$58.69	—	SHS BEN INT	46438F101

Exited Positions (6)

ICLR ICON PLC 0.6%

Value ($000) $3,269 Shares 17,939 Est. Cost $222.38 Unrealized -29.7%

NKE NIKE INC 0.1%

Value ($000) $461 Shares 7,240 Est. Cost $110.83 Unrealized -42.3%

ORCL ORACLE CORP 0.1%

Value ($000) $257 Shares 1,320 Est. Cost $160.80 Unrealized +5.5%

IBM INTERNATIONAL BUSINESS MACHS 0.0%

Value ($000) $255 Shares 862 Est. Cost $240.65 Unrealized +18.0%

XHB SPDR SERIES TRUST 0.0%

Value ($000) $239 Shares 2,322 Est. Cost $102.96 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.0%

Value ($000) $202 Shares 2,121 Est. Cost $100.73 Unrealized -14.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ICLR	ICON PLC	17,939	$3,269	0.6%	$222.38	-29.7%	—	G4705A100
NKE	NIKE INC	7,240	$461	0.1%	$110.83	-42.3%	—	654106103
ORCL	ORACLE CORP	1,320	$257	0.1%	$160.80	+5.5%	—	68389X105
IBM	INTERNATIONAL BUSINESS MACHS	862	$255	0.0%	$240.65	+18.0%	—	459200101
XHB	SPDR SERIES TRUST	2,322	$239	0.0%	$102.96	—	—	78464A888
BSX	BOSTON SCIENTIFIC CORP	2,121	$202	0.0%	$100.73	-14.8%	—	101137107

Decreased Positions (28)

CSCO CISCO SYS INC 0.3%

Value ($000) $1,725 (-59.1%) Shares 22,229 (-59.4%) Est. Cost $49.39 Unrealized +57.7%

MLN VANECK ETF TRUST 1.7%

Value ($000) $8,848 (-20.3%) Shares 507,317 (-19.9%) Est. Cost $17.86 Unrealized —

LMBS FIRST TR EXCHANGE-TRADED FD 0.7%

Value ($000) $3,667 (-34.2%) Shares 73,615 (-34.0%) Est. Cost $48.17 Unrealized —

AVGO BROADCOM INC 1.7%

Value ($000) $8,814 (-14.6%) Shares 28,476 (-4.5%) Est. Cost $162.36 Unrealized +105.8%

USFR WISDOMTREE TR 0.4%

Value ($000) $2,240 (-35.5%) Shares 44,499 (-35.5%) Est. Cost $50.40 Unrealized —

XLV SELECT SECTOR SPDR TR 0.6%

Value ($000) $2,891 (-25.6%) Shares 19,717 (-21.4%) Est. Cost $149.43 Unrealized —

XOM EXXON MOBIL CORP 0.6%

Value ($000) $2,919 (+13.2%) Shares 17,202 (-19.7%) Est. Cost $100.26 Unrealized +38.4%

SPYM SPDR SERIES TRUST 0.9%

Value ($000) $4,540 (-6.9%) Shares 59,319 (-2.4%) Est. Cost $65.32 Unrealized —

XLF SELECT SECTOR SPDR TR 0.1%

Value ($000) $766 (-22.8%) Shares 15,513 (-14.3%) Est. Cost $43.71 Unrealized —

VTI VANGUARD INDEX FDS 0.4%

Value ($000) $1,999 (-8.5%) Shares 6,232 (-4.4%) Est. Cost $231.15 Unrealized —

IWF ISHARES TR 0.2%

Value ($000) $1,236 (-12.4%) Shares 2,899 (-2.8%) Est. Cost $338.29 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $669 (-20.1%) Shares 11,435 (-19.9%) Est. Cost $58.69 Unrealized —

GBDC GOLUB CAP BDC INC 0.1%

Value ($000) $271 (-29.7%) Shares 21,371 (-24.7%) Est. Cost $10.02 Unrealized +30.9%

HYMB SPDR SERIES TRUST 0.1%

Value ($000) $661 (-14.2%) Shares 26,664 (-13.8%) Est. Cost $23.72 Unrealized —

IVW ISHARES TR 0.2%

Value ($000) $767 (-11.8%) Shares 6,785 (-3.9%) Est. Cost $76.28 Unrealized —

VXF VANGUARD INDEX FDS 0.1%

Value ($000) $373 (-19.8%) Shares 1,813 (-18.6%) Est. Cost $164.95 Unrealized —

PANW PALO ALTO NETWORKS INC 0.1%

Value ($000) $275 (-24.7%) Shares 1,718 (-13.5%) Est. Cost $173.71 Unrealized -0.9%

— KAYNE ANDERSON ENERGY INFRST 0.1%

Value ($000) $737 (+9.0%) Shares 51,641 (-5.5%) Est. Cost $12.37 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.3%

Value ($000) $1,408 (-3.6%) Shares 6,547 (-1.5%) Est. Cost $168.87 Unrealized —

PRU PRUDENTIAL FINL INC 0.1%

Value ($000) $270 (-15.7%) Shares 2,766 (-2.6%) Est. Cost $88.29 Unrealized +21.6%

VOOG VANGUARD ADMIRAL FDS INC 0.1%

Value ($000) $426 (-9.6%) Shares 1,046 (-1.4%) Est. Cost $366.06 Unrealized —

XLP SELECT SECTOR SPDR TR 0.2%

Value ($000) $1,059 (-4.0%) Shares 12,916 (-9.1%) Est. Cost $78.07 Unrealized —

SYK STRYKER CORPORATION 0.0%

Value ($000) $207 (-12.1%) Shares 629 (-6.0%) Est. Cost $348.55 Unrealized +4.6%

SCHR SCHWAB STRATEGIC TR 0.2%

Value ($000) $968 (-2.5%) Shares 38,855 (-1.9%) Est. Cost $37.17 Unrealized —

HD HOME DEPOT INC 0.1%

Value ($000) $362 (-6.3%) Shares 1,100 (-2.0%) Est. Cost $345.62 Unrealized +9.1%

EMR EMERSON ELEC CO 0.1%

Value ($000) $308 (-5.3%) Shares 2,348 (-4.1%) Est. Cost $118.69 Unrealized +25.1%

IJH ISHARES TR 0.3%

Value ($000) $1,443 (+1.2%) Shares 21,373 (-1.1%) Est. Cost $99.50 Unrealized —

PH PARKER-HANNIFIN CORP 0.0%

Value ($000) $228 (-0.9%) Shares 255 (-2.7%) Est. Cost $817.77 Unrealized +17.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CSCO	CISCO SYS INC	22,229 (-59.4%)	$1,725 (-59.1%)	0.3%	$49.39	+57.7%	COM	17275R102
MLN	VANECK ETF TRUST	507,317 (-19.9%)	$8,848 (-20.3%)	1.7%	$17.86	—	LONG MUNI ETF	92189F536
LMBS	FIRST TR EXCHANGE-TRADED FD	73,615 (-34.0%)	$3,667 (-34.2%)	0.7%	$48.17	—	FST LOW OPPT EFT	33739Q200
AVGO	BROADCOM INC	28,476 (-4.5%)	$8,814 (-14.6%)	1.7%	$162.36	+105.8%	COM	11135F101
USFR	WISDOMTREE TR	44,499 (-35.5%)	$2,240 (-35.5%)	0.4%	$50.40	—	FLOATNG RAT TREA	97717Y527
XLV	SELECT SECTOR SPDR TR	19,717 (-21.4%)	$2,891 (-25.6%)	0.6%	$149.43	—	STATE STREET HEA	81369Y209
XOM	EXXON MOBIL CORP	17,202 (-19.7%)	$2,919 (+13.2%)	0.6%	$100.26	+38.4%	COM	30231G102
SPYM	SPDR SERIES TRUST	59,319 (-2.4%)	$4,540 (-6.9%)	0.9%	$65.32	—	STATE STREET SPD	78464A854
XLF	SELECT SECTOR SPDR TR	15,513 (-14.3%)	$766 (-22.8%)	0.1%	$43.71	—	STATE STREET FIN	81369Y605
VTI	VANGUARD INDEX FDS	6,232 (-4.4%)	$1,999 (-8.5%)	0.4%	$231.15	—	TOTAL STK MKT	922908769
IWF	ISHARES TR	2,899 (-2.8%)	$1,236 (-12.4%)	0.2%	$338.29	—	RUS 1000 GRW ETF	464287614
VGSH	VANGUARD SCOTTSDALE FDS	11,435 (-19.9%)	$669 (-20.1%)	0.1%	$58.69	—	SHORT TERM TREAS	92206C102
GBDC	GOLUB CAP BDC INC	21,371 (-24.7%)	$271 (-29.7%)	0.1%	$10.02	+30.9%	COM	38173M102
HYMB	SPDR SERIES TRUST	26,664 (-13.8%)	$661 (-14.2%)	0.1%	$23.72	—	STATE STREET SPD	78464A284
IVW	ISHARES TR	6,785 (-3.9%)	$767 (-11.8%)	0.2%	$76.28	—	S&P 500 GRWT ETF	464287309
VXF	VANGUARD INDEX FDS	1,813 (-18.6%)	$373 (-19.8%)	0.1%	$164.95	—	EXTEND MKT ETF	922908652
PANW	PALO ALTO NETWORKS INC	1,718 (-13.5%)	$275 (-24.7%)	0.1%	$173.71	-0.9%	COM	697435105
—	KAYNE ANDERSON ENERGY INFRST	51,641 (-5.5%)	$737 (+9.0%)	0.1%	$12.37	—	COM	486606106
VIG	VANGUARD SPECIALIZED FUNDS	6,547 (-1.5%)	$1,408 (-3.6%)	0.3%	$168.87	—	DIV APP ETF	921908844
PRU	PRUDENTIAL FINL INC	2,766 (-2.6%)	$270 (-15.7%)	0.1%	$88.29	+21.6%	COM	744320102
VOOG	VANGUARD ADMIRAL FDS INC	1,046 (-1.4%)	$426 (-9.6%)	0.1%	$366.06	—	500 GRTH IDX F	921932505
XLP	SELECT SECTOR SPDR TR	12,916 (-9.1%)	$1,059 (-4.0%)	0.2%	$78.07	—	STATE STREET CON	81369Y308
SYK	STRYKER CORPORATION	629 (-6.0%)	$207 (-12.1%)	0.0%	$348.55	+4.6%	COM	863667101
SCHR	SCHWAB STRATEGIC TR	38,855 (-1.9%)	$968 (-2.5%)	0.2%	$37.17	—	INT-TRM U.S TRES	808524854
HD	HOME DEPOT INC	1,100 (-2.0%)	$362 (-6.3%)	0.1%	$345.62	+9.1%	COM	437076102
EMR	EMERSON ELEC CO	2,348 (-4.1%)	$308 (-5.3%)	0.1%	$118.69	+25.1%	COM	291011104
IJH	ISHARES TR	21,373 (-1.1%)	$1,443 (+1.2%)	0.3%	$99.50	—	CORE S&P MCP ETF	464287507
PH	PARKER-HANNIFIN CORP	255 (-2.7%)	$228 (-0.9%)	0.0%	$817.77	+17.1%	COM	701094104

Unchanged Positions (27)

IVV ISHARES TR 2.0%

Value ($000) $10,063 Shares 15,405 Est. Cost $454.12 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.5%

Value ($000) $2,360 Shares 3,629 Est. Cost $487.78 Unrealized —

QQQ INVESCO QQQ TR 0.4%

Value ($000) $2,115 Shares 3,665 Est. Cost $336.16 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.1%

Value ($000) $705 Shares 1,033 Est. Cost $426.08 Unrealized +58.1%

— TORTOISE ENERGY INFRSTRCTR C 0.1%

Value ($000) $585 Shares 11,730 Est. Cost $43.09 Unrealized —

IJR ISHARES TR 0.2%

Value ($000) $1,261 Shares 10,143 Est. Cost $100.13 Unrealized —

IWB ISHARES TR 0.2%

Value ($000) $773 Shares 2,169 Est. Cost $290.62 Unrealized —

XLB SELECT SECTOR SPDR TR 0.1%

Value ($000) $402 Shares 8,049 Est. Cost $45.35 Unrealized —

HYLS FIRST TR EXCHANGE-TRADED FD 0.2%

Value ($000) $1,077 Shares 26,553 Est. Cost $43.04 Unrealized —

EFV ISHARES TR 0.2%

Value ($000) $854 Shares 11,490 Est. Cost $54.88 Unrealized —

SPTM SPDR SERIES TRUST 0.1%

Value ($000) $709 Shares 8,966 Est. Cost $64.15 Unrealized —

BA BOEING CO 0.1%

Value ($000) $290 Shares 1,459 Est. Cost $192.01 Unrealized +24.2%

IGM ISHARES TR 0.1%

Value ($000) $284 Shares 2,400 Est. Cost $86.18 Unrealized —

EFA ISHARES TR 0.3%

Value ($000) $1,462 Shares 15,049 Est. Cost $73.37 Unrealized —

PPA INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $287 Shares 1,733 Est. Cost $88.35 Unrealized —

IEMG ISHARES INC 0.1%

Value ($000) $321 Shares 4,603 Est. Cost $50.24 Unrealized —

IWD ISHARES TR 0.1%

Value ($000) $738 Shares 3,455 Est. Cost $176.33 Unrealized —

JQUA J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $267 Shares 4,349 Est. Cost $52.87 Unrealized —

AMZE AMAZE HOLDINGS INC 0.0%

Value ($000) $7 Shares 40,000 Est. Cost $0.84 Unrealized -49.9%

SUB ISHARES TR 0.8%

Value ($000) $4,033 Shares 37,872 Est. Cost $104.53 Unrealized —

SPLV INVESCO EXCH TRADED FD TR II 0.1%

Value ($000) $256 Shares 3,500 Est. Cost $63.90 Unrealized —

NYF ISHARES TR 0.1%

Value ($000) $270 Shares 5,074 Est. Cost $53.82 Unrealized —

IYR ISHARES TR 0.0%

Value ($000) $245 Shares 2,592 Est. Cost $88.81 Unrealized —

SPEM SPDR INDEX SHS FDS 0.1%

Value ($000) $407 Shares 8,668 Est. Cost $33.93 Unrealized —

IUSV ISHARES TR 0.0%

Value ($000) $243 Shares 2,376 Est. Cost $90.45 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $348 Shares 1,815 Est. Cost $169.39 Unrealized —

ALL ALLSTATE CORP 0.1%

Value ($000) $333 Shares 1,607 Est. Cost $204.09 Unrealized -0.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	15,405	$10,063	2.0%	$454.12	—	CORE S&P500 ETF	464287200
SPY	STATE STR SPDR S&P 500 ETF T	3,629	$2,360	0.5%	$487.78	—	TR UNIT	78462F103
QQQ	INVESCO QQQ TR	3,665	$2,115	0.4%	$336.16	—	UNIT SER 1	46090E103
NOC	NORTHROP GRUMMAN CORP	1,033	$705	0.1%	$426.08	+58.1%	COM	666807102
—	TORTOISE ENERGY INFRSTRCTR C	11,730	$585	0.1%	$43.09	—	COM	89147L886
IJR	ISHARES TR	10,143	$1,261	0.2%	$100.13	—	CORE S&P SCP ETF	464287804
IWB	ISHARES TR	2,169	$773	0.2%	$290.62	—	RUS 1000 ETF	464287622
XLB	SELECT SECTOR SPDR TR	8,049	$402	0.1%	$45.35	—	STATE STREET MAT	81369Y100
HYLS	FIRST TR EXCHANGE-TRADED FD	26,553	$1,077	0.2%	$43.04	—	FIRST TR TA HIYL	33738D408
EFV	ISHARES TR	11,490	$854	0.2%	$54.88	—	EAFE VALUE ETF	464288877
SPTM	SPDR SERIES TRUST	8,966	$709	0.1%	$64.15	—	STATE STREET SPD	78464A805
BA	BOEING CO	1,459	$290	0.1%	$192.01	+24.2%	COM	097023105
IGM	ISHARES TR	2,400	$284	0.1%	$86.18	—	EXPND TEC SC ETF	464287549
EFA	ISHARES TR	15,049	$1,462	0.3%	$73.37	—	MSCI EAFE ETF	464287465
PPA	INVESCO EXCHANGE TRADED FD T	1,733	$287	0.1%	$88.35	—	AEROSPACE DEFN	46137V100
IEMG	ISHARES INC	4,603	$321	0.1%	$50.24	—	CORE MSCI EMKT	46434G103
IWD	ISHARES TR	3,455	$738	0.1%	$176.33	—	RUS 1000 VAL ETF	464287598
JQUA	J P MORGAN EXCHANGE TRADED F	4,349	$267	0.1%	$52.87	—	US QUALTY FCTR	46641Q761
AMZE	AMAZE HOLDINGS INC	40,000	$7	0.0%	$0.84	-49.9%	COM	35804X200
SUB	ISHARES TR	37,872	$4,033	0.8%	$104.53	—	SHRT NAT MUN ETF	464288158
SPLV	INVESCO EXCH TRADED FD TR II	3,500	$256	0.1%	$63.90	—	S&P500 LOW VOL	46138E354
NYF	ISHARES TR	5,074	$270	0.1%	$53.82	—	NEW YORK MUN ETF	464288323
IYR	ISHARES TR	2,592	$245	0.0%	$88.81	—	U.S. REAL ES ETF	464287739
SPEM	SPDR INDEX SHS FDS	8,668	$407	0.1%	$33.93	—	STATE STREET SPD	78463X509
IUSV	ISHARES TR	2,376	$243	0.0%	$90.45	—	CORE S&P US VLU	464287663
RSP	INVESCO EXCHANGE TRADED FD T	1,815	$348	0.1%	$169.39	—	S&P500 EQL WGT	46137V357
ALL	ALLSTATE CORP	1,607	$333	0.1%	$204.09	-0.6%	COM	020002101