Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VUG	VANGUARD INDEX FDS	106,358 (+482.7%)	$9.162M (+14.9%)	3.2%	$137.49	—	GROWTH ETF	922908736
BRK/B	BERKSHIRE HATHAWAY INC DEL	23,716 (+1.0%)	$11.87M (+5.5%)	4.2%	$254.70	—	CL B NEW	084670702
MELI	MERCADOLIBRE INC	2,180 (+14.0%)	$3.7M (+11.9%)	1.3%	$699.24	—	COM	58733R102
BND	VANGUARD BD INDEX FDS	31,980 (+16.1%)	$2.348M (+15.7%)	0.8%	$72.95	—	TOTAL BND MRKT	921937835
PFE	PFIZER INC	71,300 (+33.8%)	$1.717M (+14.7%)	0.6%	$24.64	—	COM	717081103
MSFT	MICROSOFT CORP	21,745 (+1.7%)	$8.111M (+2.5%)	2.9%	$362.91	—	COM	594918104
BSV	VANGUARD BD INDEX FDS	14,780 (+13.6%)	$1.152M (+12.8%)	0.4%	$78.08	—	SHORT TRM BOND	921937827
TFI	SPDR SERIES TRUST	25,260 (+9.4%)	$1.157M (+10.5%)	0.4%	$46.19	—	ST STR NUVEE ETF	78468R721
MUB	ISHARES TR	3,240 (+3.8%)	$349K (+5.3%)	0.1%	$106.22	—	NATIONAL MUN ETF	464288414
XOM	EXXON MOBIL CORP	2,000 (+17.6%)	$273K (-5.2%)	0.1%	$118.67	—	COM	30231G102
CVX	CHEVRON CORPORATION	1,440 (+21.0%)	$239K (-3.1%)	0.1%	$170.81	—	COM	166764100

Exited Positions (1)

WMT WALMART INC 0.1%

Value $373K Shares 3,000 Est. Cost $62.81 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMT	WALMART INC	3,000	$373K	0.1%	$62.81	—	—	931142103

Decreased Positions (13)

SPY STATE STR SPDR S&P 500 ETF T 21.9%

Value $62.28M (+6.5%) Shares 83,393 (-7.3%) Est. Cost $409.90 Unrealized —

URI UNITED RENTALS INC 3.0%

Value $8.621M (+49.6%) Shares 7,610 (-3.8%) Est. Cost $153.80 Unrealized —

CAT CATERPILLAR INC 3.2%

Value $9.201M (+36.7%) Shares 8,640 (-9.1%) Est. Cost $120.11 Unrealized —

MDY STATE STR SPDR S&P MIDCAP 40 10.5%

Value $29.76M (+7.7%) Shares 42,307 (-5.6%) Est. Cost $390.11 Unrealized —

XAR SPDR SERIES TRUST 7.3%

Value $20.6M (+10.0%) Shares 72,577 (-1.6%) Est. Cost $83.55 Unrealized —

EWT ISHARES INC 1.4%

Value $4.01M (+50.9%) Shares 36,920 (-1.5%) Est. Cost $32.66 Unrealized —

CMI CUMMINS INC 2.0%

Value $5.688M (+30.1%) Shares 7,975 (-1.8%) Est. Cost $127.69 Unrealized —

GOOG ALPHABET INC 2.3%

Value $6.572M (+21.2%) Shares 18,600 (-1.6%) Est. Cost $111.19 Unrealized —

DIS DISNEY WALT CO 0.3%

Value $756K (-46.3%) Shares 7,850 (-46.2%) Est. Cost $97.90 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.3%

Value $751K (-32.9%) Shares 7,825 (-12.3%) Est. Cost $103.14 Unrealized —

WFC WELLS FARGO & CO 0.2%

Value $521K (-25.7%) Shares 6,300 (-28.4%) Est. Cost $27.16 Unrealized —

BAC BANK OF AMER CORP 0.9%

Value $2.53M (+4.0%) Shares 44,400 (-11.0%) Est. Cost $24.54 Unrealized —

FCX FREEPORT MCMORAN INC 1.9%

Value $5.368M (+1.1%) Shares 85,350 (-5.5%) Est. Cost $12.36 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	83,393 (-7.3%)	$62.28M (+6.5%)	21.9%	$409.90	—	TR UNIT	78462F103
URI	UNITED RENTALS INC	7,610 (-3.8%)	$8.621M (+49.6%)	3.0%	$153.80	—	COM	911363109
CAT	CATERPILLAR INC	8,640 (-9.1%)	$9.201M (+36.7%)	3.2%	$120.11	—	COM	149123101
MDY	STATE STR SPDR S&P MIDCAP 40	42,307 (-5.6%)	$29.76M (+7.7%)	10.5%	$390.11	—	UTSER1 S&PDCRP	78467Y107
XAR	SPDR SERIES TRUST	72,577 (-1.6%)	$20.6M (+10.0%)	7.3%	$83.55	—	ST STR SP AERO	78464A631
EWT	ISHARES INC	36,920 (-1.5%)	$4.01M (+50.9%)	1.4%	$32.66	—	MSCI TAIWAN ETF	46434G772
CMI	CUMMINS INC	7,975 (-1.8%)	$5.688M (+30.1%)	2.0%	$127.69	—	COM	231021106
GOOG	ALPHABET INC	18,600 (-1.6%)	$6.572M (+21.2%)	2.3%	$111.19	—	CAP STK CL C	02079K107
DIS	DISNEY WALT CO	7,850 (-46.2%)	$756K (-46.3%)	0.3%	$97.90	—	COM	254687106
BABA	ALIBABA GROUP HLDG LTD	7,825 (-12.3%)	$751K (-32.9%)	0.3%	$103.14	—	SPONSORED ADS	01609W102
WFC	WELLS FARGO & CO	6,300 (-28.4%)	$521K (-25.7%)	0.2%	$27.16	—	COM	949746101
BAC	BANK OF AMER CORP	44,400 (-11.0%)	$2.53M (+4.0%)	0.9%	$24.54	—	COM	060505104
FCX	FREEPORT MCMORAN INC	85,350 (-5.5%)	$5.368M (+1.1%)	1.9%	$12.36	—	CL B	35671D857

Unchanged Positions (23)

IJR ISHARES TR 3.2%

Value $8.961M Shares 60,420 Est. Cost $101.35 Unrealized —

IBB ISHARES TR 4.3%

Value $12.18M Shares 64,018 Est. Cost $127.82 Unrealized —

ACWX ISHARES TR 4.4%

Value $12.57M Shares 165,185 Est. Cost $52.63 Unrealized —

XLI SELECT SECTOR SPDR TR 2.6%

Value $7.306M Shares 39,441 Est. Cost $105.18 Unrealized —

KIE SPDR SERIES TRUST 2.6%

Value $7.51M Shares 123,140 Est. Cost $59.54 Unrealized —

AAPL APPLE INC 1.9%

Value $5.463M Shares 18,880 Est. Cost $107.41 Unrealized —

OXY OCCIDENTAL PETE CORP 0.7%

Value $1.894M Shares 39,000 Est. Cost $58.08 Unrealized —

M MACYS INC 1.0%

Value $2.708M Shares 115,010 Est. Cost $14.72 Unrealized —

IHI ISHARES TR 2.3%

Value $6.496M Shares 131,470 Est. Cost $59.08 Unrealized —

FDX FEDEX CORP 1.1%

Value $3.147M Shares 10,050 Est. Cost $159.67 Unrealized —

AMZN AMAZON COM INC 0.8%

Value $2.271M Shares 9,530 Est. Cost $129.53 Unrealized —

EWJ ISHARES INC 1.0%

Value $2.743M Shares 29,410 Est. Cost $56.27 Unrealized —

EWC ISHARES INC 1.0%

Value $2.886M Shares 50,070 Est. Cost $27.90 Unrealized —

GOOGL ALPHABET INC 0.2%

Value $565K Shares 1,580 Est. Cost $157.72 Unrealized —

META META PLATFORMS INC 1.5%

Value $4.281M Shares 7,600 Est. Cost $186.60 Unrealized —

EEMV ISHARES INC 0.1%

Value $344K Shares 4,570 Est. Cost $56.30 Unrealized —

INDA ISHARES TR 0.3%

Value $834K Shares 16,885 Est. Cost $40.77 Unrealized —

JPM JPMORGAN CHASE & CO 0.1%

Value $327K Shares 1,000 Est. Cost $111.65 Unrealized —

TSLA TESLA INC 0.1%

Value $278K Shares 660 Est. Cost $319.75 Unrealized —

KO COCA COLA CO 0.1%

Value $293K Shares 3,600 Est. Cost $55.41 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 0.1%

Value $242K Shares 2,730 Est. Cost $56.82 Unrealized —

OPK OPKO HEALTH INC 0.0%

Value $29,250 Shares 19,500 Est. Cost $3.39 Unrealized —

PST PROSHARES TR 0.2%

Value $552K Shares 24,240 Est. Cost $21.78 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IJR	ISHARES TR	60,420	$8.961M	3.2%	$101.35	—	CORE S&P SCP ETF	464287804
IBB	ISHARES TR	64,018	$12.18M	4.3%	$127.82	—	ISHARES BIOTECH	464287556
ACWX	ISHARES TR	165,185	$12.57M	4.4%	$52.63	—	MSCI ACWI EX US	464288240
XLI	SELECT SECTOR SPDR TR	39,441	$7.306M	2.6%	$105.18	—	ST STR INDL ETF	81369Y704
KIE	SPDR SERIES TRUST	123,140	$7.51M	2.6%	$59.54	—	ST STR SP INS	78464A789
AAPL	APPLE INC	18,880	$5.463M	1.9%	$107.41	—	COM	037833100
OXY	OCCIDENTAL PETE CORP	39,000	$1.894M	0.7%	$58.08	—	COM	674599105
M	MACYS INC	115,010	$2.708M	1.0%	$14.72	—	COM	55616P104
IHI	ISHARES TR	131,470	$6.496M	2.3%	$59.08	—	U.S. MED DVC ETF	464288810
FDX	FEDEX CORP	10,050	$3.147M	1.1%	$159.67	—	COM	31428X106
AMZN	AMAZON COM INC	9,530	$2.271M	0.8%	$129.53	—	COM	023135106
EWJ	ISHARES INC	29,410	$2.743M	1.0%	$56.27	—	MSCI JAPAN ETF	46434G822
EWC	ISHARES INC	50,070	$2.886M	1.0%	$27.90	—	MSCI CDA ETF	464286509
GOOGL	ALPHABET INC	1,580	$565K	0.2%	$157.72	—	CAP STK CL A	02079K305
META	META PLATFORMS INC	7,600	$4.281M	1.5%	$186.60	—	CL A	30303M102
EEMV	ISHARES INC	4,570	$344K	0.1%	$56.30	—	MSCI EMERG MRKT	464286533
INDA	ISHARES TR	16,885	$834K	0.3%	$40.77	—	MSCI INDIA ETF	46429B598
JPM	JPMORGAN CHASE & CO	1,000	$327K	0.1%	$111.65	—	COM	46625H100
TSLA	TESLA INC	660	$278K	0.1%	$319.75	—	COM	88160R101
KO	COCA COLA CO	3,600	$293K	0.1%	$55.41	—	COM	191216100
VGK	VANGUARD INTL EQUITY INDEX F	2,730	$242K	0.1%	$56.82	—	FTSE EUROPE ETF	922042874
OPK	OPKO HEALTH INC	19,500	$29,250	0.0%	$3.39	—	COM	68375N103
PST	PROSHARES TR	24,240	$552K	0.2%	$21.78	—	PSHS ULSHT 7-10Y	74347R313