Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMB	WILLIAMS COS INC	16,490	$1.226M	1.0%	—	—	COM	969457100
TMO	THERMO FISHER SCIENTIFIC INC	2,250	$1.128M	0.9%	—	—	COM	883556102
HUBB	HUBBELL INC	1,826	$955K	0.8%	—	—	COM	443510607
WST	WEST PHARMACEUTICAL SVSC INC	2,576	$925K	0.7%	—	—	COM	955306105
AMAT	APPLIED MATLS INC	1,129	$816K	0.7%	—	—	COM	038222105
KLAC	KLA CORP	2,700	$815K	0.7%	—	—	COM NEW	482480100
CW	CURTISS WRIGHT CORP	1,006	$762K	0.6%	—	—	COM	231561101
DHR	DANAHER CORP DEL	3,527	$672K	0.5%	—	—	COM	235851102
RGEN	REPLIGEN CORP	4,852	$662K	0.5%	—	—	COM	759916109
ILMN	ILLUMINA INC	3,632	$639K	0.5%	—	—	COM	452327109
ASML	ASML HLDG NV	319	$635K	0.5%	—	—	N Y REGISTRY SHS	N07059210
GEV	GE VERNOVA INC	537	$631K	0.5%	—	—	COM	36828A101
LRCX	LAM RESEARCH CORP	1,308	$567K	0.5%	—	—	COM NEW	512807306
STVN	STEVANATO GROUP S P A	31,219	$564K	0.5%	—	—	ORD SHS	T9224W109
TXG	10X GENOMICS INC	13,061	$501K	0.4%	—	—	CL A COM	88025U109
CCJ	CAMECO CORP	4,568	$465K	0.4%	—	—	COM	13321L108
BRKR	BRUKER CORP	7,629	$459K	0.4%	—	—	COM	116794108
DDOG	DATADOG INC	1,510	$393K	0.3%	—	—	CL A COM	23804L103
MDB	MONGODB INC	1,060	$356K	0.3%	—	—	CL A	60937P106
MU	MICRON TECHNOLOGY INC	302	$349K	0.3%	—	—	COM	595112103
NET	CLOUDFLARE INC	1,297	$318K	0.3%	—	—	CL A COM	18915M107
PSNL	PERSONALIS INC	23,275	$312K	0.2%	—	—	COM	71535D106
NOW	SERVICENOW INC	3,081	$306K	0.2%	—	—	COM	81762P102
SNOW	SNOWFLAKE INC	1,120	$285K	0.2%	—	—	COM SHS	833445109
GRAL	GRAIL INC	3,023	$206K	0.2%	—	—	COM	384747101

Increased Positions (16)

LH LABCORP HOLDINGS INC 1.0%

Value $1.306M (+59.8%) Shares 4,665 (+52.3%) Est. Cost — Unrealized —

DGX QUEST DIAGNOSTICS INC 1.0%

Value $1.214M (+50.8%) Shares 5,729 (+39.5%) Est. Cost — Unrealized —

VVV VALVOLINE INC 0.8%

Value $1.019M (+54.5%) Shares 25,760 (+31.6%) Est. Cost — Unrealized —

NEO NEOGENOMICS INC 0.5%

Value $684K (+109.6%) Shares 46,861 (+6.6%) Est. Cost — Unrealized —

AIT APPLIED INDL TECHNOLOGIES IN 0.8%

Value $1.033M (+43.7%) Shares 3,056 (+12.8%) Est. Cost — Unrealized —

CNM CORE & MAIN INC 0.6%

Value $790K (+60.9%) Shares 16,378 (+64.8%) Est. Cost — Unrealized —

FTV FORTIVE CORP 0.8%

Value $1.038M (+40.0%) Shares 16,997 (+26.7%) Est. Cost — Unrealized —

ADPT ADAPTIVE BIOTECHNOLOGIES COR 0.4%

Value $517K (+118.9%) Shares 24,124 (+41.7%) Est. Cost — Unrealized —

AME AMETEK INC 1.0%

Value $1.193M (+24.9%) Shares 4,931 (+10.6%) Est. Cost — Unrealized —

ORLY OREILLY AUTOMOTIVE INC 0.9%

Value $1.16M (+23.5%) Shares 12,594 (+23.7%) Est. Cost — Unrealized —

CP CANADIAN PACIFIC KANSAS CITY 0.8%

Value $1.027M (+22.4%) Shares 11,857 (+11.1%) Est. Cost — Unrealized —

AZO AUTOZONE INC 0.7%

Value $920K (+22.7%) Shares 288 (+29.7%) Est. Cost — Unrealized —

EMR EMERSON ELEC CO 0.6%

Value $758K (+28.0%) Shares 5,297 (+17.2%) Est. Cost — Unrealized —

ODFL OLD DOMINION FREIGHT LINE IN 0.5%

Value $647K (+31.2%) Shares 2,989 (+18.3%) Est. Cost — Unrealized —

ROAD CONSTRUCTION PARTNERS INC 0.4%

Value $540K (+33.8%) Shares 4,548 (+25.2%) Est. Cost — Unrealized —

XPO XPO INC 0.4%

Value $533K (+29.3%) Shares 2,598 (+22.5%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LH	LABCORP HOLDINGS INC	4,665 (+52.3%)	$1.306M (+59.8%)	1.0%	—	—	COM SHS	504922105
DGX	QUEST DIAGNOSTICS INC	5,729 (+39.5%)	$1.214M (+50.8%)	1.0%	—	—	COM	74834L100
VVV	VALVOLINE INC	25,760 (+31.6%)	$1.019M (+54.5%)	0.8%	—	—	COM	92047W101
NEO	NEOGENOMICS INC	46,861 (+6.6%)	$684K (+109.6%)	0.5%	—	—	COM NEW	64049M209
AIT	APPLIED INDL TECHNOLOGIES IN	3,056 (+12.8%)	$1.033M (+43.7%)	0.8%	—	—	COM	03820C105
CNM	CORE & MAIN INC	16,378 (+64.8%)	$790K (+60.9%)	0.6%	—	—	CL A	21874C102
FTV	FORTIVE CORP	16,997 (+26.7%)	$1.038M (+40.0%)	0.8%	—	—	COM	34959J108
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	24,124 (+41.7%)	$517K (+118.9%)	0.4%	—	—	COM	00650F109
AME	AMETEK INC	4,931 (+10.6%)	$1.193M (+24.9%)	1.0%	—	—	COM	031100100
ORLY	OREILLY AUTOMOTIVE INC	12,594 (+23.7%)	$1.16M (+23.5%)	0.9%	—	—	COM	67103H107
CP	CANADIAN PACIFIC KANSAS CITY	11,857 (+11.1%)	$1.027M (+22.4%)	0.8%	—	—	COM	13646K108
AZO	AUTOZONE INC	288 (+29.7%)	$920K (+22.7%)	0.7%	—	—	COM	053332102
EMR	EMERSON ELEC CO	5,297 (+17.2%)	$758K (+28.0%)	0.6%	—	—	COM	291011104
ODFL	OLD DOMINION FREIGHT LINE IN	2,989 (+18.3%)	$647K (+31.2%)	0.5%	—	—	COM	679580100
ROAD	CONSTRUCTION PARTNERS INC	4,548 (+25.2%)	$540K (+33.8%)	0.4%	—	—	COM CL A	21044C107
XPO	XPO INC	2,598 (+22.5%)	$533K (+29.3%)	0.4%	—	—	COM	983793100

Exited Positions (34)

OGE OGE ENERGY CORP 1.2%

Value $1.453M Shares 30,290 Est. Cost — Unrealized —

AEE AMEREN CORP 1.1%

Value $1.366M Shares 12,429 Est. Cost — Unrealized —

NI NISOURCE INC 1.0%

Value $1.276M Shares 27,344 Est. Cost — Unrealized —

ETR ENTERGY CORP NEW 1.0%

Value $1.21M Shares 10,773 Est. Cost — Unrealized —

CME CME GROUP INC 0.9%

Value $1.154M Shares 3,908 Est. Cost — Unrealized —

AEP AMERICAN ELEC PWR CO INC 0.9%

Value $1.135M Shares 8,658 Est. Cost — Unrealized —

CBOE CBOE GLOBAL MKTS INC 0.9%

Value $1.132M Shares 4,026 Est. Cost — Unrealized —

STT STATE STR CORP 0.7%

Value $912K Shares 7,208 Est. Cost — Unrealized —

MSI MOTOROLA SOLUTIONS INC 0.7%

Value $877K Shares 2,020 Est. Cost — Unrealized —

VIRT VIRTU FINL INC 0.7%

Value $817K Shares 18,580 Est. Cost — Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.6%

Value $729K Shares 2,113 Est. Cost — Unrealized —

VIXY PROSHARES TR II 0.5%

Value $687K Shares 20,000 Est. Cost — Unrealized —

FERG FERGUSON ENTERPRISES INC 0.5%

Value $665K Shares 2,850 Est. Cost — Unrealized —

WSO WATSCO INC 0.5%

Value $651K Shares 1,789 Est. Cost — Unrealized —

BIO BIO RAD LABS INC 0.5%

Value $603K Shares 2,164 Est. Cost — Unrealized —

RVTY REVVITY INC 0.4%

Value $556K Shares 6,350 Est. Cost — Unrealized —

QGEN QIAGEN NV 0.4%

Value $532K Shares 13,288 Est. Cost — Unrealized —

TECH BIO-TECHNE CORP 0.4%

Value $528K Shares 10,101 Est. Cost — Unrealized —

Z ZILLOW GROUP INC 0.4%

Value $448K Shares 10,836 Est. Cost — Unrealized —

CLBT CELLEBRITE DI LTD 0.4%

Value $444K Shares 32,235 Est. Cost — Unrealized —

BLD TOPBUILD COR 0.3%

Value $430K Shares 1,223 Est. Cost — Unrealized —

CDRE CADRE HLDGS INC 0.3%

Value $375K Shares 12,236 Est. Cost — Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.3%

Value $321K Shares 3,903 Est. Cost — Unrealized —

COIN COINBASE GLOBAL INC 0.3%

Value $319K Shares 1,827 Est. Cost — Unrealized —

MRCY MERCURY SYS INC 0.3%

Value $317K Shares 4,354 Est. Cost — Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 0.2%

Value $298K Shares 3,408 Est. Cost — Unrealized —

KRMN KARMAN HLDGS INC 0.2%

Value $289K Shares 3,607 Est. Cost — Unrealized —

RKT ROCKET COS INC 0.2%

Value $287K Shares 20,148 Est. Cost — Unrealized —

HOOD ROBINHOOD MKTS INC 0.2%

Value $286K Shares 4,130 Est. Cost — Unrealized —

AXON AXON ENTERPRISE INC 0.2%

Value $283K Shares 667 Est. Cost — Unrealized —

QXO QXO INC 0.2%

Value $275K Shares 14,177 Est. Cost — Unrealized —

UWMC UWM HOLDINGS CORPORATION 0.2%

Value $261K Shares 72,147 Est. Cost — Unrealized —

COMP COMPASS INC 0.2%

Value $259K Shares 35,467 Est. Cost — Unrealized —

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.2%

Value $237K Shares 3,364 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
OGE	OGE ENERGY CORP	30,290	$1.453M	1.2%	—	—	—	670837103
AEE	AMEREN CORP	12,429	$1.366M	1.1%	—	—	—	023608102
NI	NISOURCE INC	27,344	$1.276M	1.0%	—	—	—	65473P105
ETR	ENTERGY CORP NEW	10,773	$1.21M	1.0%	—	—	—	29364G103
CME	CME GROUP INC	3,908	$1.154M	0.9%	—	—	—	12572Q105
AEP	AMERICAN ELEC PWR CO INC	8,658	$1.135M	0.9%	—	—	—	025537101
CBOE	CBOE GLOBAL MKTS INC	4,026	$1.132M	0.9%	—	—	—	12503M108
STT	STATE STR CORP	7,208	$912K	0.7%	—	—	—	857477103
MSI	MOTOROLA SOLUTIONS INC	2,020	$877K	0.7%	—	—	—	620076307
VIRT	VIRTU FINL INC	18,580	$817K	0.7%	—	—	—	928254101
LHX	L3HARRIS TECHNOLOGIES INC	2,113	$729K	0.6%	—	—	—	502431109
VIXY	PROSHARES TR II	20,000	$687K	0.5%	—	—	—	74347Y730
FERG	FERGUSON ENTERPRISES INC	2,850	$665K	0.5%	—	—	—	31488V107
WSO	WATSCO INC	1,789	$651K	0.5%	—	—	—	942622200
BIO	BIO RAD LABS INC	2,164	$603K	0.5%	—	—	—	090572207
RVTY	REVVITY INC	6,350	$556K	0.4%	—	—	—	714046109
QGEN	QIAGEN NV	13,288	$532K	0.4%	—	—	—	N72482156
TECH	BIO-TECHNE CORP	10,101	$528K	0.4%	—	—	—	09073M104
Z	ZILLOW GROUP INC	10,836	$448K	0.4%	—	—	—	98954M200
CLBT	CELLEBRITE DI LTD	32,235	$444K	0.4%	—	—	—	M2197Q107
BLD	TOPBUILD COR	1,223	$430K	0.3%	—	—	—	89055F103
CDRE	CADRE HLDGS INC	12,236	$375K	0.3%	—	—	—	12763L105
BLDR	BUILDERS FIRSTSOURCE INC	3,903	$321K	0.3%	—	—	—	12008R107
COIN	COINBASE GLOBAL INC	1,827	$319K	0.3%	—	—	—	19260Q107
MRCY	MERCURY SYS INC	4,354	$317K	0.3%	—	—	—	589378108
PFSI	PENNYMAC FINL SVCS INC NEW	3,408	$298K	0.2%	—	—	—	70932M107
KRMN	KARMAN HLDGS INC	3,607	$289K	0.2%	—	—	—	485924104
RKT	ROCKET COS INC	20,148	$287K	0.2%	—	—	—	77311W101
HOOD	ROBINHOOD MKTS INC	4,130	$286K	0.2%	—	—	—	770700102
AXON	AXON ENTERPRISE INC	667	$283K	0.2%	—	—	—	05464C101
QXO	QXO INC	14,177	$275K	0.2%	—	—	—	82846H405
UWMC	UWM HOLDINGS CORPORATION	72,147	$261K	0.2%	—	—	—	91823B109
COMP	COMPASS INC	35,467	$259K	0.2%	—	—	—	20464U100
KTOS	KRATOS DEFENSE & SEC SOLUTIO	3,364	$237K	0.2%	—	—	—	50077B207

Decreased Positions (9)

VCYT VERACYTE INC 0.4%

Value $553K (+55.2%) Shares 9,411 (-14.9%) Est. Cost — Unrealized —

GH GUARDANT HEALTH INC 0.4%

Value $505K (+30.9%) Shares 3,363 (-19.4%) Est. Cost — Unrealized —

PWR QUANTA SVCS INC 0.5%

Value $644K (+11.2%) Shares 894 (-15.2%) Est. Cost — Unrealized —

NTRA NATERA INC 0.5%

Value $612K (+10.9%) Shares 2,255 (-18.3%) Est. Cost — Unrealized —

MTZ MASTEC INC 0.5%

Value $637K (+9.6%) Shares 1,530 (-15.3%) Est. Cost — Unrealized —

CSX CSX CORP 0.9%

Value $1.141M (+4.6%) Shares 24,016 (-9.7%) Est. Cost — Unrealized —

MUSA MURPHY USA INC 0.5%

Value $620K (-6.9%) Shares 1,150 (-14.7%) Est. Cost — Unrealized —

CASY CASEYS GEN STORES INC 0.8%

Value $1.032M (+0.5%) Shares 1,298 (-7.9%) Est. Cost — Unrealized —

MYRG MYR GROUP INC 0.5%

Value $578K (-0.7%) Shares 1,155 (-44.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VCYT	VERACYTE INC	9,411 (-14.9%)	$553K (+55.2%)	0.4%	—	—	COM	92337F107
GH	GUARDANT HEALTH INC	3,363 (-19.4%)	$505K (+30.9%)	0.4%	—	—	COM	40131M109
PWR	QUANTA SVCS INC	894 (-15.2%)	$644K (+11.2%)	0.5%	—	—	COM	74762E102
NTRA	NATERA INC	2,255 (-18.3%)	$612K (+10.9%)	0.5%	—	—	COM	632307104
MTZ	MASTEC INC	1,530 (-15.3%)	$637K (+9.6%)	0.5%	—	—	COM	576323109
CSX	CSX CORP	24,016 (-9.7%)	$1.141M (+4.6%)	0.9%	—	—	COM	126408103
MUSA	MURPHY USA INC	1,150 (-14.7%)	$620K (-6.9%)	0.5%	—	—	COM	626755102
CASY	CASEYS GEN STORES INC	1,298 (-7.9%)	$1.032M (+0.5%)	0.8%	—	—	COM	147528103
MYRG	MYR GROUP INC	1,155 (-44.0%)	$578K (-0.7%)	0.5%	—	—	COM	55405W104

Unchanged Positions (23)

GLD SPDR GOLD TR 38.6%

Value $48.28M Shares 131,069 Est. Cost — Unrealized —

FBTC FIDELITY WISE ORIGIN BITCOIN 4.8%

Value $6.012M Shares 117,771 Est. Cost — Unrealized —

WGS GENEDX HOLDINGS CORP 10.2%

Value $12.77M Shares 185,989 Est. Cost — Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 3.9%

Value $4.823M Shares 144,892 Est. Cost — Unrealized —

SLV ISHARES SILVER TR 1.4%

Value $1.789M Shares 33,460 Est. Cost — Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 3.2%

Value $3.959M Shares 5,301 Est. Cost — Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 0.8%

Value $1.022M Shares 22,446 Est. Cost — Unrealized —

XAR SPDR SERIES TRUST 1.6%

Value $1.987M Shares 7,000 Est. Cost — Unrealized —

XHS SPDR SERIES TRUST 0.6%

Value $793K Shares 6,000 Est. Cost — Unrealized —

ARCB ARCBEST CORP 0.4%

Value $551K Shares 3,837 Est. Cost — Unrealized —

HACK AMPLIFY ETF TR 0.5%

Value $576K Shares 5,491 Est. Cost — Unrealized —

TT TRANE TECHNOLOGIES PLC 0.8%

Value $948K Shares 1,930 Est. Cost — Unrealized —

IWM ISHARES TR 1.2%

Value $1.51M Shares 5,025 Est. Cost — Unrealized —

FXL FIRST TR EXCHANGE-TRADED FD 0.6%

Value $741K Shares 3,410 Est. Cost — Unrealized —

TEM TEMPUS AI INC 0.3%

Value $438K Shares 7,553 Est. Cost — Unrealized —

DXPE DXP ENTERPRISES INC 0.4%

Value $544K Shares 3,222 Est. Cost — Unrealized —

ETHE GRAYSCALE ETHEREUM STAKING E 0.2%

Value $191K Shares 14,992 Est. Cost — Unrealized —

SAIA SAIA INC 0.4%

Value $475K Shares 1,129 Est. Cost — Unrealized —

IEV ISHARES TR 0.6%

Value $729K Shares 10,000 Est. Cost — Unrealized —

CHPT CHARGEPOINT HOLDINGS INC 0.2%

Value $213K Shares 36,116 Est. Cost — Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 0.0%

Value $60,334 Shares 2,325 Est. Cost — Unrealized —

XLU SELECT SECTOR SPDR TR 0.9%

Value $1.133M Shares 25,000 Est. Cost — Unrealized —

ETH GRAYSCALE ETHEREUM STAKING 0.0%

Value $22,515 Shares 1,498 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TR	131,069	$48.28M	38.6%	—	—	GOLD SHS	78463V107
FBTC	FIDELITY WISE ORIGIN BITCOIN	117,771	$6.012M	4.8%	—	—	SHS	315948109
WGS	GENEDX HOLDINGS CORP	185,989	$12.77M	10.2%	—	—	COM CL A	81663L200
IBIT	ISHARES BITCOIN TRUST ETF	144,892	$4.823M	3.9%	—	—	SHS BEN INT	46438F101
SLV	ISHARES SILVER TR	33,460	$1.789M	1.4%	—	—	ISHARES	46428Q109
SPY	STATE STR SPDR S&P 500 ETF T	5,301	$3.959M	3.2%	—	—	TR UNIT	78462F103
GBTC	GRAYSCALE BITCOIN TRUST ETF	22,446	$1.022M	0.8%	—	—	SHS REP COM UT	389637109
XAR	SPDR SERIES TRUST	7,000	$1.987M	1.6%	—	—	ST STR SP AERO	78464A631
XHS	SPDR SERIES TRUST	6,000	$793K	0.6%	—	—	ST STR SP HCSVC	78464A573
ARCB	ARCBEST CORP	3,837	$551K	0.4%	—	—	COM	03937C105
HACK	AMPLIFY ETF TR	5,491	$576K	0.5%	—	—	AMPLIFY CYBERSEC	032108664
TT	TRANE TECHNOLOGIES PLC	1,930	$948K	0.8%	—	—	SHS	G8994E103
IWM	ISHARES TR	5,025	$1.51M	1.2%	—	—	RUSSELL 2000 ETF	464287655
FXL	FIRST TR EXCHANGE-TRADED FD	3,410	$741K	0.6%	—	—	TECH ALPHADEX	33734X176
TEM	TEMPUS AI INC	7,553	$438K	0.3%	—	—	CL A	88023B103
DXPE	DXP ENTERPRISES INC	3,222	$544K	0.4%	—	—	COM NEW	233377407
ETHE	GRAYSCALE ETHEREUM STAKING E	14,992	$191K	0.2%	—	—	SHS	389638107
SAIA	SAIA INC	1,129	$475K	0.4%	—	—	COM	78709Y105
IEV	ISHARES TR	10,000	$729K	0.6%	—	—	EUROPE ETF	464287861
CHPT	CHARGEPOINT HOLDINGS INC	36,116	$213K	0.2%	—	—	COM SHS	15961R303
BTC	GRAYSCALE BITCOIN MINI TR ET	2,325	$60,334	0.0%	—	—	SHS NEW	389930207
XLU	SELECT SECTOR SPDR TR	25,000	$1.133M	0.9%	—	—	ST STR UTIL ETF	81369Y886
ETH	GRAYSCALE ETHEREUM STAKING	1,498	$22,515	0.0%	—	—	SHS NEW	38964R203