Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
LAMR	Lamar Advertising Company Class A	23,874	$3.024M	0.3%	$126.66	—	COM	512816109
EQR	Equity Residential	50,107	$2.964M	0.3%	$62.03	0.0%	COM	29476L107
C	Citigroup Inc.	25,380	$2.878M	0.3%	$116.18	0.0%	COM	172967424
ATEN	ATEN Networks, Inc.	106,268	$2.457M	0.3%	$18.39	0.0%	COM	002121101
IMAX	IMAX Corporation	45,566	$1.732M	0.2%	$35.91	0.0%	COM	45245E109
NGS	Natural Gas Services Group, Inc.	43,638	$1.647M	0.2%	$35.44	0.0%	COM	63886Q109
HUN	Huntsman Corporation	94,987	$1.264M	0.1%	$12.13	0.0%	COM	447011107
PUMP	ProPetro Holding Corp.	82,712	$1.192M	0.1%	$10.86	0.0%	COM	74347M108
VOXR	Vox Royalty Corp	222,486	$1.166M	0.1%	$5.21	0.0%	COM	92919F103
ECO	Okeanis Eco Tankers Corp.	22,830	$1.155M	0.1%	$41.08	0.0%	COM	Y64177101
HZO	MarineMax, Inc.	42,587	$1.152M	0.1%	$28.27	0.0%	COM	567908108
NTSK	Netskope, Inc. Class A	114,915	$976K	0.1%	$13.93	0.0%	COM	64119N608
VNQI	Vanguard Global ex-U.S. Real Estate ETF	18,425	$819K	0.1%	$44.45	—	COM	922042676
—	QXO, Inc. Deposit Shs Repr Conv Pfd Shs Series B	13,573	$746K	0.1%	$54.99	—	PFD	82846H504
APEI	American Public Education, Inc.	10,847	$617K	0.1%	$42.14	0.0%	COM	02913V103
KEYS	Keysight Technologies Inc	248	$70,045	0.0%	$228.24	0.0%	COM	49338L103
Q	Qnity Electronics, Inc.	533	$61,607	0.0%	$101.21	0.0%	COM	74743L100
LMAT	LeMaitre Vascular, Inc.	451	$49,342	0.0%	$87.13	0.0%	COM	525558201
NFG	National Fuel Gas Company	518	$48,683	0.0%	$83.57	0.0%	COM	636180101
NI	NiSource Inc	894	$41,751	0.0%	$43.99	0.0%	COM	65473P105
BG	Bunge Global SA	279	$35,540	0.0%	$112.04	0.0%	COM	H11356104
RCAT	Red Cat Holdings Inc	2,645	$34,630	0.0%	$13.00	0.0%	COM	75644T100
AKAM	Akamai Technologies, Inc.	285	$32,811	0.0%	$95.71	0.0%	COM	00971T101
CE	Celanese Corporation	455	$29,956	0.0%	$49.52	0.0%	COM	150870103
OLN	Olin Corporation	1,007	$29,956	0.0%	$23.63	0.0%	COM	680665205
SRE	Sempra	285	$27,761	0.0%	$89.52	0.0%	COM	816851109
IDA	IDACORP, Inc.	191	$27,384	0.0%	$134.73	0.0%	COM	451107106
CTVA	Corteva Inc	314	$26,286	0.0%	$72.77	0.0%	COM	22052L104
T	AT&T Inc	887	$25,722	0.0%	$25.75	0.0%	COM	00206R102
CAMT	Camtek Ltd	169	$25,690	0.0%	$145.89	0.0%	COM	M20791105
CVX	Chevron Corporation	122	$25,345	0.0%	$171.87	0.0%	COM	166764100
MEOH	Methanex Corporation	420	$25,032	0.0%	$47.45	0.0%	COM	59151K108
VIRT	Virtu Financial, Inc. Class A	546	$24,028	0.0%	$37.41	0.0%	COM	928254101
—	Kiniksa Pharmaceuticals International, plc Class A	493	$23,745	0.0%	$48.16	—	COM	G5269C101
NFLX	Netflix, Inc.	241	$23,244	0.0%	$83.84	0.0%	COM	64110L106
OXY	Occidental Petroleum Corporation	326	$21,205	0.0%	$45.43	0.0%	COM	674599105
LSCC	Lattice Semiconductor Corporation	207	$19,228	0.0%	$92.89	—	COM	518415104
ARW	Arrow Electronics, Inc.	112	$16,186	0.0%	$133.54	0.0%	COM	042735100
EMN	Eastman Chemical Company	207	$15,809	0.0%	$72.75	0.0%	COM	277432100
—	Nebius Group N.V. Class A	144	$14,994	0.0%	$104.13	—	COM	000980552
HQI	HireQuest, Inc.	1,367	$13,645	0.0%	$11.06	0.0%	COM	433535101
GNRC	Generac Holdings Inc.	62	$12,265	0.0%	$183.13	0.0%	COM	368736104
TSN	Tyson Foods, Inc. Class A	119	$7,653	0.0%	$62.28	0.0%	COM	902494103
KR	Kroger Co.	103	$7,497	0.0%	$64.60	0.0%	COM	501044101

Increased Positions (39)

USFR WisdomTree Floating Rate Treasury Fund 3.4%

Value $32.71M (+164.4%) Shares 649,711 (+164.3%) Est. Cost $50.33 Unrealized —

DLR Digital Realty Trust, Inc. 2.4%

Value $23.06M (+99.1%) Shares 127,970 (+70.9%) Est. Cost $127.38 Unrealized +21.7%

SUI Sun Communities, Inc. 1.6%

Value $15.51M (+124.9%) Shares 123,123 (+121.3%) Est. Cost $129.63 Unrealized —

O Realty Income Corporation 2.1%

Value $20.62M (+68.5%) Shares 337,052 (+55.2%) Est. Cost $57.12 Unrealized +0.3%

FR First Industrial Realty Trust, Inc. 0.6%

Value $5.904M (+296.6%) Shares 102,051 (+292.6%) Est. Cost $57.70 Unrealized —

XRN Chiron Real Estate Inc. 0.8%

Value $7.924M (+86.9%) Shares 239,525 (+90.6%) Est. Cost $33.41 Unrealized —

WPC W. P. Carey Inc. 0.8%

Value $7.665M (+73.6%) Shares 112,789 (+64.4%) Est. Cost $67.10 Unrealized —

WY Weyerhaeuser Company 1.0%

Value $9.282M (+53.7%) Shares 379,959 (+49.0%) Est. Cost $24.09 Unrealized -1.2%

PLD Prologis, Inc. 3.3%

Value $32.57M (+8.9%) Shares 246,394 (+5.2%) Est. Cost $115.85 Unrealized +11.4%

ADC Agree Realty Corporation 1.1%

Value $10.79M (+19.3%) Shares 143,159 (+14.0%) Est. Cost $61.86 Unrealized —

CTRE CareTrust REIT, Inc. 0.9%

Value $8.639M (+23.9%) Shares 235,719 (+22.2%) Est. Cost $32.33 Unrealized —

HST Host Hotels & Resorts, Inc. 0.8%

Value $7.888M (+25.4%) Shares 411,672 (+16.0%) Est. Cost $16.73 Unrealized +8.6%

AHR American Healthcare REIT, Inc. 0.7%

Value $6.509M (+24.1%) Shares 138,028 (+23.8%) Est. Cost $40.85 Unrealized —

HII Huntington Ingalls Industries, Inc. 0.5%

Value $4.927M (+34.2%) Shares 12,968 (+20.1%) Est. Cost $290.64 Unrealized +41.2%

GHM Graham Corporation 0.5%

Value $4.464M (+38.7%) Shares 56,565 (+12.9%) Est. Cost $55.55 Unrealized +36.5%

TGS Transportadora de Gas del Sur SA Sponsored ADR Class B RegS 0.2%

Value $2.079M (+138.7%) Shares 60,079 (+114.4%) Est. Cost $32.97 Unrealized —

— Marex Group plc 0.2%

Value $2.01M (+131.2%) Shares 45,095 (+99.0%) Est. Cost $41.45 Unrealized —

ASTE Astec Industries, Inc. 0.5%

Value $4.619M (+31.9%) Shares 85,783 (+6.1%) Est. Cost $37.66 Unrealized +38.5%

GENI Genius Sports Limited 0.1%

Value $1.041M (-49.3%) Shares 234,880 (+26.0%) Est. Cost $10.55 Unrealized -21.2%

WM Waste Management, Inc. 0.2%

Value $2.245M (+80.5%) Shares 9,770 (+72.6%) Est. Cost $224.69 Unrealized +0.6%

— Pitney Bowes Inc. Notes Sr 0.2%

Value $1.849M (+108.4%) Shares 96,287 (+121.3%) Est. Cost $19.74 Unrealized —

SBR Sabine Royalty Trust 0.3%

Value $2.949M (+48.1%) Shares 39,145 (+34.8%) Est. Cost $72.63 Unrealized —

INVA Innoviva, Inc. 0.5%

Value $5.344M (+21.8%) Shares 229,338 (+4.5%) Est. Cost $14.66 Unrealized +43.7%

— Brookfield Asset Management Ltd. Class A 0.2%

Value $1.794M (+103.5%) Shares 40,365 (+139.8%) Est. Cost $47.76 Unrealized —

OHI Omega Healthcare Investors, Inc. 1.1%

Value $11.05M (+8.5%) Shares 252,200 (+9.8%) Est. Cost $37.19 Unrealized —

SRTA Strata Critical Medical, Inc. Class A 0.6%

Value $5.435M (-10.6%) Shares 1,300,317 (+2.9%) Est. Cost $3.43 Unrealized +46.4%

INOD Innodata Inc. 0.4%

Value $3.482M (-13.8%) Shares 90,156 (+13.7%) Est. Cost $46.39 Unrealized +16.2%

CDNA CareDx, Inc. 0.1%

Value $1.09M (+104.6%) Shares 62,773 (+122.1%) Est. Cost $18.37 Unrealized +7.2%

MFIN Medallion Financial Corp. 0.3%

Value $3.301M (-9.9%) Shares 385,581 (+8.3%) Est. Cost $9.27 Unrealized +10.3%

KGS Kodiak Gas Services, Inc. 0.1%

Value $755K (+64.9%) Shares 12,941 (+5.7%) Est. Cost $35.80 Unrealized +21.5%

MNTN MNTN, Inc Class A 0.1%

Value $1.412M (+20.0%) Shares 160,451 (+62.8%) Est. Cost $15.60 Unrealized -34.1%

AROC Archrock Inc. 0.1%

Value $637K (+39.6%) Shares 18,293 (+4.4%) Est. Cost $24.82 Unrealized +17.8%

SPOK Spok Holdings, Inc. 0.2%

Value $2.285M (+7.6%) Shares 209,602 (+30.2%) Est. Cost $14.40 Unrealized -7.2%

OMCL Omnicell, Inc. 0.1%

Value $1.45M (+9.1%) Shares 43,439 (+48.0%) Est. Cost $39.34 Unrealized +14.6%

CBOE Cboe Global Markets Inc 0.0%

Value $135K (+258.5%) Shares 480 (+222.1%) Est. Cost $256.43 Unrealized +6.1%

VZ Verizon Communications Inc. 0.0%

Value $60,980 (+1057.3%) Shares 1,214 (+841.1%) Est. Cost $43.46 Unrealized +0.8%

HAL Halliburton Company 0.0%

Value $68,320 (+76.2%) Shares 1,752 (+27.7%) Est. Cost $27.86 Unrealized +20.4%

ANDE Andersons, Inc. 0.0%

Value $44,386 (+76.6%) Shares 618 (+30.9%) Est. Cost $51.75 Unrealized +18.8%

XOM Exxon Mobil Corporation 0.0%

Value $18,632 (+85.9%) Shares 109 (+31.3%) Est. Cost $121.03 Unrealized +14.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
USFR	WisdomTree Floating Rate Treasury Fund	649,711 (+164.3%)	$32.71M (+164.4%)	3.4%	$50.33	—	COM	97717Y527
DLR	Digital Realty Trust, Inc.	127,970 (+70.9%)	$23.06M (+99.1%)	2.4%	$127.38	+21.7%	COM	253868103
SUI	Sun Communities, Inc.	123,123 (+121.3%)	$15.51M (+124.9%)	1.6%	$129.63	—	COM	866674104
O	Realty Income Corporation	337,052 (+55.2%)	$20.62M (+68.5%)	2.1%	$57.12	+0.3%	COM	756109104
FR	First Industrial Realty Trust, Inc.	102,051 (+292.6%)	$5.904M (+296.6%)	0.6%	$57.70	—	COM	32054K103
XRN	Chiron Real Estate Inc.	239,525 (+90.6%)	$7.924M (+86.9%)	0.8%	$33.41	—	COM	37954A303
WPC	W. P. Carey Inc.	112,789 (+64.4%)	$7.665M (+73.6%)	0.8%	$67.10	—	COM	92936U109
WY	Weyerhaeuser Company	379,959 (+49.0%)	$9.282M (+53.7%)	1.0%	$24.09	-1.2%	COM	962166104
PLD	Prologis, Inc.	246,394 (+5.2%)	$32.57M (+8.9%)	3.3%	$115.85	+11.4%	COM	74340W103
ADC	Agree Realty Corporation	143,159 (+14.0%)	$10.79M (+19.3%)	1.1%	$61.86	—	COM	008492100
CTRE	CareTrust REIT, Inc.	235,719 (+22.2%)	$8.639M (+23.9%)	0.9%	$32.33	—	COM	14174T107
HST	Host Hotels & Resorts, Inc.	411,672 (+16.0%)	$7.888M (+25.4%)	0.8%	$16.73	+8.6%	COM	44107P104
AHR	American Healthcare REIT, Inc.	138,028 (+23.8%)	$6.509M (+24.1%)	0.7%	$40.85	—	COM	398182303
HII	Huntington Ingalls Industries, Inc.	12,968 (+20.1%)	$4.927M (+34.2%)	0.5%	$290.64	+41.2%	COM	446413106
GHM	Graham Corporation	56,565 (+12.9%)	$4.464M (+38.7%)	0.5%	$55.55	+36.5%	COM	384556106
TGS	Transportadora de Gas del Sur SA Sponsored ADR Class B RegS	60,079 (+114.4%)	$2.079M (+138.7%)	0.2%	$32.97	—	COM	893870204
—	Marex Group plc	45,095 (+99.0%)	$2.01M (+131.2%)	0.2%	$41.45	—	COM	00BMT7GT6
ASTE	Astec Industries, Inc.	85,783 (+6.1%)	$4.619M (+31.9%)	0.5%	$37.66	+38.5%	COM	046224101
GENI	Genius Sports Limited	234,880 (+26.0%)	$1.041M (-49.3%)	0.1%	$10.55	-21.2%	COM	G3934V109
WM	Waste Management, Inc.	9,770 (+72.6%)	$2.245M (+80.5%)	0.2%	$224.69	+0.6%	COM	94106L109
—	Pitney Bowes Inc. Notes Sr	96,287 (+121.3%)	$1.849M (+108.4%)	0.2%	$19.74	—	PFD	724479506
SBR	Sabine Royalty Trust	39,145 (+34.8%)	$2.949M (+48.1%)	0.3%	$72.63	—	COM	785688102
INVA	Innoviva, Inc.	229,338 (+4.5%)	$5.344M (+21.8%)	0.5%	$14.66	+43.7%	COM	45781M101
—	Brookfield Asset Management Ltd. Class A	40,365 (+139.8%)	$1.794M (+103.5%)	0.2%	$47.76	—	COM	112585104
OHI	Omega Healthcare Investors, Inc.	252,200 (+9.8%)	$11.05M (+8.5%)	1.1%	$37.19	—	COM	681936100
SRTA	Strata Critical Medical, Inc. Class A	1,300,317 (+2.9%)	$5.435M (-10.6%)	0.6%	$3.43	+46.4%	COM	092667104
INOD	Innodata Inc.	90,156 (+13.7%)	$3.482M (-13.8%)	0.4%	$46.39	+16.2%	COM	457642205
CDNA	CareDx, Inc.	62,773 (+122.1%)	$1.09M (+104.6%)	0.1%	$18.37	+7.2%	COM	14167L103
MFIN	Medallion Financial Corp.	385,581 (+8.3%)	$3.301M (-9.9%)	0.3%	$9.27	+10.3%	COM	583928106
KGS	Kodiak Gas Services, Inc.	12,941 (+5.7%)	$755K (+64.9%)	0.1%	$35.80	+21.5%	COM	50012A108
MNTN	MNTN, Inc Class A	160,451 (+62.8%)	$1.412M (+20.0%)	0.1%	$15.60	-34.1%	COM	55318A108
AROC	Archrock Inc.	18,293 (+4.4%)	$637K (+39.6%)	0.1%	$24.82	+17.8%	COM	03957W106
SPOK	Spok Holdings, Inc.	209,602 (+30.2%)	$2.285M (+7.6%)	0.2%	$14.40	-7.2%	COM	84863T106
OMCL	Omnicell, Inc.	43,439 (+48.0%)	$1.45M (+9.1%)	0.1%	$39.34	+14.6%	COM	68213N109
CBOE	Cboe Global Markets Inc	480 (+222.1%)	$135K (+258.5%)	0.0%	$256.43	+6.1%	COM	12503M108
VZ	Verizon Communications Inc.	1,214 (+841.1%)	$60,980 (+1057.3%)	0.0%	$43.46	+0.8%	COM	92343V104
HAL	Halliburton Company	1,752 (+27.7%)	$68,320 (+76.2%)	0.0%	$27.86	+20.4%	COM	406216101
ANDE	Andersons, Inc.	618 (+30.9%)	$44,386 (+76.6%)	0.0%	$51.75	+18.8%	COM	034164103
XOM	Exxon Mobil Corporation	109 (+31.3%)	$18,632 (+85.9%)	0.0%	$121.03	+14.6%	COM	30231G102

Exited Positions (47)

BXP BXP Inc 1.3%

Value $12.31M Shares 182,484 Est. Cost $82.51 Unrealized -17.8%

INVH Invitation Homes, Inc. 0.8%

Value $7.566M Shares 272,240 Est. Cost $27.11 Unrealized +2.3%

BBW Build-A-Bear Workshop, Inc. 0.7%

Value $7.006M Shares 114,349 Est. Cost $38.75 Unrealized +52.7%

SBAC SBA Communications Corp. Class A 0.7%

Value $6.821M Shares 35,264 Est. Cost $294.89 Unrealized -34.7%

RDVT Red Violet, Inc. 0.6%

Value $5.512M Shares 96,789 Est. Cost $26.26 Unrealized +75.8%

AMH American Homes Rent Class A 0.6%

Value $5.382M Shares 167,663 Est. Cost $36.78 Unrealized —

HHH Howard Hughes Holdings Inc. 0.5%

Value $5.038M Shares 63,150 Est. Cost $73.84 Unrealized +9.3%

MAR Marriott International, Inc. Class A 0.3%

Value $3.26M Shares 10,507 Est. Cost $285.32 Unrealized +15.9%

PAX Patria Investments Ltd. Class A 0.3%

Value $2.976M Shares 187,294 Est. Cost $13.22 Unrealized +15.4%

— Dynavax Technologies Corporation 0.3%

Value $2.79M Shares 181,429 Est. Cost $12.08 Unrealized —

LVMUY LVMH Moet Hennessy Louis Vuitton SE Unsponsored ADR 0.3%

Value $2.78M Shares 18,433 Est. Cost $139.38 Unrealized —

EFC Ellington Financial Inc. 0.3%

Value $2.534M Shares 186,615 Est. Cost $16.26 Unrealized —

— Iron Mountain, Inc. 0.3%

Value $2.516M Shares 30,327 Est. Cost $82.95 Unrealized —

RYN Rayonier Inc. 0.3%

Value $2.503M Shares 115,630 Est. Cost $27.88 Unrealized —

GCMG GCM Grosvenor, Inc. Class A 0.2%

Value $2.35M Shares 207,558 Est. Cost $12.43 Unrealized -8.4%

PAC Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B 0.2%

Value $2.241M Shares 8,500 Est. Cost $175.00 Unrealized —

PLYM Plymouth Industrial REIT, Inc. 0.2%

Value $2.226M Shares 101,759 Est. Cost $27.75 Unrealized —

— Apollo Global Management Inc Mandatory Conv Pfd Registered Shs Series A 0.2%

Value $1.711M Shares 22,652 Est. Cost $81.56 Unrealized —

KTB Kontoor Brands, Inc. 0.2%

Value $1.633M Shares 26,730 Est. Cost $72.66 Unrealized -13.4%

— Ares Management Corporation Pfd Registered shs Series B 0.2%

Value $1.527M Shares 30,295 Est. Cost $54.83 Unrealized —

QCOM QUALCOMM Incorporated 0.1%

Value $1.356M Shares 7,924 Est. Cost $170.79 Unrealized -9.9%

AMZN Amazon.com, Inc. 0.0%

Value $89,424 Shares 387 Est. Cost $215.19 Unrealized +5.4%

— Alphabet Inc. Class C 0.0%

Value $64,701 Shares 206 Est. Cost $314.08 Unrealized —

ELAN Elanco Animal Health, Inc. 0.0%

Value $41,439 Shares 1,831 Est. Cost $21.76 Unrealized +12.9%

CME CME Group Inc. Class A 0.0%

Value $39,813 Shares 145 Est. Cost $263.32 Unrealized +9.9%

FDX FedEx Corporation 0.0%

Value $36,107 Shares 125 Est. Cost $261.56 Unrealized +29.6%

NDAQ Nasdaq, Inc. 0.0%

Value $34,995 Shares 360 Est. Cost $89.74 Unrealized +2.2%

SLVR Sprott Silver Miners & Physical Silver ETF 0.0%

Value $33,822 Shares 606 Est. Cost $39.54 Unrealized —

RDDT Reddit, Inc. Class A 0.0%

Value $27,255 Shares 118 Est. Cost $137.46 Unrealized +38.0%

PLTR Palantir Technologies Inc. Class A 0.0%

Value $26,658 Shares 149 Est. Cost $109.76 Unrealized +40.5%

SPPP Sprott Physical Platinum and Palladium Trust Trust Units 0.0%

Value $26,391 Shares 1,567 Est. Cost $12.78 Unrealized —

LULU lululemon athletica inc. 0.0%

Value $25,547 Shares 122 Est. Cost $181.15 Unrealized +4.2%

RTX RTX Corporation 0.0%

Value $18,342 Shares 100 Est. Cost $173.32 Unrealized +13.4%

COLO Global X MSCI Colombia ETF 0.0%

Value $18,342 Shares 514 Est. Cost $30.15 Unrealized —

U Unity Software, Inc. 0.0%

Value $17,024 Shares 385 Est. Cost $40.75 Unrealized -19.8%

TCBI Texas Capital Bancshares, Inc. 0.0%

Value $16,406 Shares 181 Est. Cost $87.79 Unrealized +14.0%

ONTO Onto Innovation, Inc. 0.0%

Value $16,098 Shares 101 Est. Cost $142.02 Unrealized +45.6%

XLF State Street Financial Select Sector SPDR ETF 0.0%

Value $15,398 Shares 281 Est. Cost $54.80 Unrealized —

IBM International Business Machines Corporation 0.0%

Value $14,801 Shares 49 Est. Cost $298.78 Unrealized -5.0%

NTRS Northern Trust Corporation 0.0%

Value $12,228 Shares 89 Est. Cost $130.74 Unrealized +12.4%

TTWO Take-Two Interactive Software, Inc. 0.0%

Value $10,931 Shares 42 Est. Cost $225.41 Unrealized -0.2%

COPP Sprott Copper Miners ETF 0.0%

Value $10,869 Shares 312 Est. Cost $34.84 Unrealized —

SOLS Solstice Advanced Materials, Inc. 0.0%

Value $10,416 Shares 214 Est. Cost $47.08 Unrealized +38.5%

VENU Venu Holding Corporation 0.0%

Value $10,251 Shares 800 Est. Cost $12.02 Unrealized -42.5%

CRWD CrowdStrike Holdings, Inc. Class A 0.0%

Value $9,284 Shares 19 Est. Cost $509.22 Unrealized -15.3%

AA Alcoa Corporation 0.0%

Value $5,866 Shares 110 Est. Cost $40.88 Unrealized +49.4%

KALU Kaiser Aluminum Corporation 0.0%

Value $5,496 Shares 47 Est. Cost $94.44 Unrealized +37.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BXP	BXP Inc	182,484	$12.31M	1.3%	$82.51	-17.8%	—	101121101
INVH	Invitation Homes, Inc.	272,240	$7.566M	0.8%	$27.11	+2.3%	—	46187W107
BBW	Build-A-Bear Workshop, Inc.	114,349	$7.006M	0.7%	$38.75	+52.7%	—	120076104
SBAC	SBA Communications Corp. Class A	35,264	$6.821M	0.7%	$294.89	-34.7%	—	78410G104
RDVT	Red Violet, Inc.	96,789	$5.512M	0.6%	$26.26	+75.8%	—	75704L104
AMH	American Homes Rent Class A	167,663	$5.382M	0.6%	$36.78	—	—	02665T306
HHH	Howard Hughes Holdings Inc.	63,150	$5.038M	0.5%	$73.84	+9.3%	—	44267T102
MAR	Marriott International, Inc. Class A	10,507	$3.26M	0.3%	$285.32	+15.9%	—	571903202
PAX	Patria Investments Ltd. Class A	187,294	$2.976M	0.3%	$13.22	+15.4%	—	G69451105
—	Dynavax Technologies Corporation	181,429	$2.79M	0.3%	$12.08	—	—	268158201
LVMUY	LVMH Moet Hennessy Louis Vuitton SE Unsponsored ADR	18,433	$2.78M	0.3%	$139.38	—	—	502441306
EFC	Ellington Financial Inc.	186,615	$2.534M	0.3%	$16.26	—	—	28852N109
—	Iron Mountain, Inc.	30,327	$2.516M	0.3%	$82.95	—	—	46284v101
RYN	Rayonier Inc.	115,630	$2.503M	0.3%	$27.88	—	—	754907103
GCMG	GCM Grosvenor, Inc. Class A	207,558	$2.35M	0.2%	$12.43	-8.4%	—	36831E108
PAC	Grupo Aeroportuario del Pacifico SAB de CV Sponsored ADR Class B	8,500	$2.241M	0.2%	$175.00	—	—	400506101
PLYM	Plymouth Industrial REIT, Inc.	101,759	$2.226M	0.2%	$27.75	—	—	729640102
—	Apollo Global Management Inc Mandatory Conv Pfd Registered Shs Series A	22,652	$1.711M	0.2%	$81.56	—	—	03769M304
KTB	Kontoor Brands, Inc.	26,730	$1.633M	0.2%	$72.66	-13.4%	—	50050N103
—	Ares Management Corporation Pfd Registered shs Series B	30,295	$1.527M	0.2%	$54.83	—	—	03990B309
QCOM	QUALCOMM Incorporated	7,924	$1.356M	0.1%	$170.79	-9.9%	—	747525103
AMZN	Amazon.com, Inc.	387	$89,424	0.0%	$215.19	+5.4%	—	023135106
—	Alphabet Inc. Class C	206	$64,701	0.0%	$314.08	—	—	38259P508
ELAN	Elanco Animal Health, Inc.	1,831	$41,439	0.0%	$21.76	+12.9%	—	28414H103
CME	CME Group Inc. Class A	145	$39,813	0.0%	$263.32	+9.9%	—	12572Q105
FDX	FedEx Corporation	125	$36,107	0.0%	$261.56	+29.6%	—	31428X106
NDAQ	Nasdaq, Inc.	360	$34,995	0.0%	$89.74	+2.2%	—	631103108
SLVR	Sprott Silver Miners & Physical Silver ETF	606	$33,822	0.0%	$39.54	—	—	85208P873
RDDT	Reddit, Inc. Class A	118	$27,255	0.0%	$137.46	+38.0%	—	75734B100
PLTR	Palantir Technologies Inc. Class A	149	$26,658	0.0%	$109.76	+40.5%	—	69608A108
SPPP	Sprott Physical Platinum and Palladium Trust Trust Units	1,567	$26,391	0.0%	$12.78	—	—	85207Q104
LULU	lululemon athletica inc.	122	$25,547	0.0%	$181.15	+4.2%	—	550021109
RTX	RTX Corporation	100	$18,342	0.0%	$173.32	+13.4%	—	75513E101
COLO	Global X MSCI Colombia ETF	514	$18,342	0.0%	$30.15	—	—	37954Y327
U	Unity Software, Inc.	385	$17,024	0.0%	$40.75	-19.8%	—	91332U101
TCBI	Texas Capital Bancshares, Inc.	181	$16,406	0.0%	$87.79	+14.0%	—	88224Q107
ONTO	Onto Innovation, Inc.	101	$16,098	0.0%	$142.02	+45.6%	—	683344105
XLF	State Street Financial Select Sector SPDR ETF	281	$15,398	0.0%	$54.80	—	—	81369Y605
IBM	International Business Machines Corporation	49	$14,801	0.0%	$298.78	-5.0%	—	459200101
NTRS	Northern Trust Corporation	89	$12,228	0.0%	$130.74	+12.4%	—	665859104
TTWO	Take-Two Interactive Software, Inc.	42	$10,931	0.0%	$225.41	-0.2%	—	874054109
COPP	Sprott Copper Miners ETF	312	$10,869	0.0%	$34.84	—	—	85208P881
SOLS	Solstice Advanced Materials, Inc.	214	$10,416	0.0%	$47.08	+38.5%	—	83443Q103
VENU	Venu Holding Corporation	800	$10,251	0.0%	$12.02	-42.5%	—	92333E104
CRWD	CrowdStrike Holdings, Inc. Class A	19	$9,284	0.0%	$509.22	-15.3%	—	22788C105
AA	Alcoa Corporation	110	$5,866	0.0%	$40.88	+49.4%	—	013872106
KALU	Kaiser Aluminum Corporation	47	$5,496	0.0%	$94.44	+37.6%	—	483007704

Decreased Positions (98)

GLPI Gaming and Leisure Properties, Inc. 0.2%

Value $1.629M (-88.9%) Shares 36,713 (-88.8%) Est. Cost $32.15 Unrealized —

CCI Crown Castle Inc. 1.3%

Value $12.86M (-42.1%) Shares 158,153 (-36.7%) Est. Cost $71.90 Unrealized +23.4%

PSA Public Storage 1.2%

Value $11.47M (-40.9%) Shares 42,346 (-43.4%) Est. Cost $268.75 Unrealized -3.8%

CPT Camden Property Trust 0.4%

Value $4.25M (-59.4%) Shares 43,522 (-54.3%) Est. Cost $74.02 Unrealized +48.8%

SPG Simon Property Group, Inc. 3.8%

Value $36.68M (-13.3%) Shares 196,642 (-13.9%) Est. Cost $67.38 Unrealized +173.0%

MAA Mid-America Apartment Communities, Inc. 0.7%

Value $7.142M (-40.2%) Shares 58,484 (-32.0%) Est. Cost $149.23 Unrealized -6.8%

AMT American Tower Corporation 3.9%

Value $38.21M (-8.6%) Shares 221,379 (-7.0%) Est. Cost $107.38 Unrealized +62.8%

IDCC InterDigital, Inc. 0.5%

Value $4.854M (-39.9%) Shares 16,073 (-36.6%) Est. Cost $48.77 Unrealized +593.0%

COLL Collegium Pharmaceutical, Inc. 0.2%

Value $2.273M (-56.1%) Shares 68,747 (-38.5%) Est. Cost $23.49 Unrealized +96.5%

CSGS CSG Systems International, Inc. 0.2%

Value $1.547M (-59.5%) Shares 19,355 (-61.1%) Est. Cost $59.73 Unrealized +33.0%

AVB AvalonBay Communities, Inc. 1.0%

Value $9.553M (-17.3%) Shares 58,481 (-8.2%) Est. Cost $178.02 Unrealized +1.4%

ESS Essex Property Trust, Inc. 1.2%

Value $12.14M (-13.8%) Shares 50,157 (-6.8%) Est. Cost $242.57 Unrealized +5.9%

LINC Lincoln Educational Services Corporation 0.9%

Value $9.181M (+21.2%) Shares 225,681 (-28.0%) Est. Cost $6.49 Unrealized +322.8%

UTI Universal Technical Institute, Inc. 0.7%

Value $6.801M (+30.9%) Shares 188,391 (-11.7%) Est. Cost $19.62 Unrealized +45.7%

VLO Valero Energy Corporation 0.5%

Value $4.693M (+46.4%) Shares 18,992 (-3.6%) Est. Cost $68.99 Unrealized +175.5%

GRC Gorman-Rupp Company 0.7%

Value $6.704M (+22.2%) Shares 107,904 (-6.1%) Est. Cost $32.99 Unrealized +74.5%

BLFS BioLife Solutions, Inc. 0.4%

Value $3.489M (-25.9%) Shares 182,837 (-6.1%) Est. Cost $17.83 Unrealized +32.3%

WELL Welltower Inc. 5.6%

Value $54.39M (+2.2%) Shares 275,099 (-4.1%) Est. Cost $68.15 Unrealized +174.3%

VICI VICI Properties Inc 1.2%

Value $11.76M (-8.8%) Shares 430,339 (-6.1%) Est. Cost $17.29 Unrealized +62.8%

KRG Kite Realty Group Trust 2.7%

Value $26.75M (-4.0%) Shares 1,089,793 (-6.3%) Est. Cost $20.76 Unrealized —

EZPW EZCORP, Inc. Class A 0.6%

Value $5.943M (+23.0%) Shares 234,171 (-5.9%) Est. Cost $14.73 Unrealized +54.7%

SEI Solaris Energy Infrastructure, Inc. Class A 0.8%

Value $7.74M (+16.6%) Shares 136,972 (-5.1%) Est. Cost $11.44 Unrealized +363.6%

FANG Diamondback Energy, Inc. 0.5%

Value $4.691M (+26.8%) Shares 23,717 (-3.7%) Est. Cost $109.03 Unrealized +46.6%

B Barrick Mining Corporation 0.2%

Value $2.012M (-32.4%) Shares 49,329 (-27.8%) Est. Cost $19.29 Unrealized +150.4%

NPKI NPK International Inc. 0.8%

Value $7.646M (+14.3%) Shares 527,684 (-6.0%) Est. Cost $6.71 Unrealized +105.6%

EXR Extra Space Storage Inc. 1.6%

Value $15.17M (-5.8%) Shares 115,717 (-6.5%) Est. Cost $108.16 Unrealized +21.1%

EGP EastGroup Properties, Inc. 2.9%

Value $28.39M (-3.1%) Shares 153,375 (-6.7%) Est. Cost $72.02 Unrealized —

PKE Park Aerospace Corp. 0.5%

Value $5.136M (+20.4%) Shares 187,591 (-6.1%) Est. Cost $14.39 Unrealized +69.7%

SII Sprott Inc. 0.8%

Value $7.993M (-9.5%) Shares 55,932 (-38.0%) Est. Cost $36.75 Unrealized +237.7%

OMAB Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B 0.2%

Value $2.179M (-26.5%) Shares 18,994 (-30.3%) Est. Cost $74.39 Unrealized —

TRNO Terreno Realty Corporation 2.9%

Value $27.94M (-2.5%) Shares 454,847 (-6.8%) Est. Cost $28.14 Unrealized —

NWPX NWPX Infrastructure Inc. 0.5%

Value $4.925M (+17.1%) Shares 63,256 (-6.0%) Est. Cost $39.70 Unrealized +75.9%

RPRX Royalty Pharma Plc Class A 0.4%

Value $4.257M (+20.1%) Shares 88,738 (-3.3%) Est. Cost $31.55 Unrealized +34.0%

DHT DHT Holdings, Inc. 0.4%

Value $3.679M (+23.9%) Shares 201,383 (-17.2%) Est. Cost $11.47 Unrealized +24.8%

FPI Farmland Partners Inc 1.0%

Value $9.276M (+7.2%) Shares 825,997 (-7.5%) Est. Cost $12.03 Unrealized —

— Albemarle Corporation Depository Shs Repr Conv Pfd Registered Shs 0.4%

Value $3.914M (+17.2%) Shares 54,468 (-3.1%) Est. Cost $36.32 Unrealized —

OKE ONEOK, Inc. 0.4%

Value $3.73M (+18.0%) Shares 41,267 (-4.1%) Est. Cost $66.73 Unrealized +17.7%

KNTK Kinetik Holdings Inc. Class A 0.3%

Value $2.483M (+29.6%) Shares 51,281 (-3.5%) Est. Cost $45.46 Unrealized -11.4%

NSSC NAPCO Security Technologies, Inc. 0.5%

Value $4.466M (-11.1%) Shares 113,389 (-5.8%) Est. Cost $18.75 Unrealized +123.2%

AZZ AZZ Inc. 0.6%

Value $6.27M (+9.0%) Shares 50,107 (-6.6%) Est. Cost $45.00 Unrealized +180.6%

VTR Ventas, Inc. 2.8%

Value $27.13M (-1.9%) Shares 331,765 (-7.1%) Est. Cost $52.92 Unrealized +46.1%

MAMA Mama's Creations, Inc. 0.8%

Value $7.436M (+7.4%) Shares 484,717 (-5.6%) Est. Cost $4.62 Unrealized +220.9%

GPGI GPGI, Inc. Class A 0.3%

Value $2.444M (-17.0%) Shares 142,897 (-6.4%) Est. Cost $14.98 Unrealized +55.9%

ELS Equity LifeStyle Properties, Inc. 1.2%

Value $11.32M (-4.1%) Shares 181,359 (-6.9%) Est. Cost $77.14 Unrealized —

— Boeing Company Pfd Registered shs Series A 0.4%

Value $4.315M (-9.7%) Shares 66,505 (-3.9%) Est. Cost $98.32 Unrealized —

SCCO Southern Copper Corporation 0.3%

Value $3.394M (+15.5%) Shares 19,726 (-3.7%) Est. Cost $113.09 Unrealized +65.7%

DVN Devon Energy Corporation 0.2%

Value $1.82M (+32.3%) Shares 36,161 (-3.7%) Est. Cost $59.08 Unrealized -31.9%

PSTL Postal Realty Trust, Inc. Class A 0.3%

Value $3.373M (-11.6%) Shares 181,723 (-23.1%) Est. Cost $15.05 Unrealized —

CWEN Clearway Energy, Inc. Class C 0.4%

Value $3.452M (+14.3%) Shares 87,866 (-3.2%) Est. Cost $26.90 Unrealized +36.4%

SIGA SIGA Technologies Inc 0.2%

Value $1.987M (-17.9%) Shares 371,413 (-6.2%) Est. Cost $5.99 Unrealized +11.6%

ARCC Ares Capital Corporation 0.3%

Value $2.601M (-13.8%) Shares 144,315 (-3.2%) Est. Cost $16.97 Unrealized +17.9%

BLX Banco Latinoamericano de Comercio Exterior, S.A. Class E 0.6%

Value $6.127M (+7.2%) Shares 119,944 (-6.4%) Est. Cost $12.89 Unrealized +267.7%

IRMD IRadimed Corp. 0.6%

Value $5.982M (-6.4%) Shares 62,141 (-5.4%) Est. Cost $53.43 Unrealized +86.8%

EPR EPR Properties 0.5%

Value $4.798M (-6.9%) Shares 96,027 (-7.0%) Est. Cost $49.02 Unrealized —

ABBV AbbVie, Inc. 0.4%

Value $3.654M (-7.9%) Shares 16,800 (-3.2%) Est. Cost $72.03 Unrealized +209.0%

AUPH Aurinia Pharmaceuticals Inc. 0.2%

Value $1.698M (-15.2%) Shares 114,601 (-8.8%) Est. Cost $11.80 Unrealized +25.2%

AXGN Axogen, Inc. 0.6%

Value $5.563M (-4.8%) Shares 167,910 (-6.0%) Est. Cost $17.60 Unrealized +89.2%

DAKT Daktronics, Inc. 0.4%

Value $3.692M (-7.1%) Shares 188,857 (-6.0%) Est. Cost $12.48 Unrealized +89.9%

— Bank of America Corp Non Cum Perp Conv Pfd Registered Shs Series L 0.2%

Value $2.283M (-10.3%) Shares 1,915 (-5.8%) Est. Cost $180.23 Unrealized —

— BK Technologies Corp. 0.4%

Value $3.963M (-6.1%) Shares 53,098 (-6.1%) Est. Cost $84.48 Unrealized —

SBRA Sabra Health Care REIT, Inc. 0.5%

Value $4.773M (-5.0%) Shares 248,230 (-6.4%) Est. Cost $17.84 Unrealized —

STRW Strawberry Fields REIT Inc 0.2%

Value $1.486M (-14.0%) Shares 124,858 (-5.3%) Est. Cost $11.21 Unrealized —

TKR Timken Company 0.2%

Value $1.636M (+16.9%) Shares 16,269 (-2.2%) Est. Cost $77.13 Unrealized +27.6%

UMH UMH Properties, Inc. 0.1%

Value $1.311M (-15.1%) Shares 90,824 (-6.4%) Est. Cost $15.91 Unrealized —

MRP Millrose Properties Inc Class A 0.2%

Value $2.219M (-9.3%) Shares 79,256 (-3.3%) Est. Cost $31.01 Unrealized —

— AT&T Inc Depositary Shs Repr Perp Pfd Shs Series C 0.3%

Value $2.966M (-6.7%) Shares 161,172 (-3.6%) Est. Cost $18.91 Unrealized —

GTY Getty Realty Corp. 0.2%

Value $1.881M (+12.5%) Shares 59,163 (-3.1%) Est. Cost $29.18 Unrealized —

QQQI NEOS Nasdaq One Hundred High Income ETF 0.2%

Value $1.578M (-10.5%) Shares 31,759 (-3.0%) Est. Cost $53.86 Unrealized —

XYLD Global X S&P Covered Call ETF 0.2%

Value $2.065M (-7.5%) Shares 52,768 (-3.9%) Est. Cost $39.42 Unrealized —

AOSL Alpha and Omega Semiconductor Limited 0.3%

Value $3.327M (+5.0%) Shares 150,154 (-6.1%) Est. Cost $16.39 Unrealized +34.4%

MDT Medtronic Plc 0.1%

Value $1.171M (-11.7%) Shares 13,518 (-2.2%) Est. Cost $91.27 Unrealized +9.0%

— Public Storage Depositary Shs Repr Pfd Registered Shs Series H 0.2%

Value $1.992M (-7.0%) Shares 91,300 (-2.6%) Est. Cost $23.71 Unrealized —

CPA Copa Holdings, S.A. Class A 0.2%

Value $1.68M (-7.5%) Shares 14,785 (-1.8%) Est. Cost $103.38 Unrealized +34.3%

WULF TeraWulf Inc. 0.7%

Value $7.266M (+1.9%) Shares 503,544 (-18.9%) Est. Cost $4.15 Unrealized +251.5%

EYE National Vision Holdings, Inc. 0.2%

Value $1.871M (-5.4%) Shares 72,227 (-5.7%) Est. Cost $24.38 Unrealized +11.3%

AMGN Amgen Inc. 0.3%

Value $3.405M (+3.1%) Shares 9,677 (-4.1%) Est. Cost $268.77 Unrealized +30.1%

OUT OUTFRONT Media Inc. 1.1%

Value $10.26M (+0.9%) Shares 387,143 (-8.2%) Est. Cost $16.25 Unrealized —

WMB Williams Companies, Inc. 0.5%

Value $5.061M (+1.6%) Shares 69,542 (-16.1%) Est. Cost $19.40 Unrealized +242.0%

— Redwood Trust, Inc. Red Pfd Registered Shs A Series A 0.1%

Value $1.315M (-5.5%) Shares 54,783 (-3.6%) Est. Cost $24.00 Unrealized —

— Microchip Technology Incorporated Pfd Shs Depositary Shares Repr Conv Pfd Shs Series A 0.1%

Value $1.082M (-6.4%) Shares 18,998 (-4.2%) Est. Cost $59.03 Unrealized —

TRTN 8 PERP Triton International Ltd. Conv Red Perp Pfd Registered Shs Series B 0.2%

Value $1.743M (-3.8%) Shares 70,015 (-2.7%) Est. Cost $25.20 Unrealized —

REG Regency Centers Corporation 1.2%

Value $11.33M (-0.6%) Shares 149,781 (-9.3%) Est. Cost $56.57 Unrealized +20.1%

— EPR Properties Conv Pfd Shs Series C 0.3%

Value $2.506M (-2.4%) Shares 110,841 (-4.3%) Est. Cost $21.22 Unrealized —

HWKN Hawkins, Inc. 0.5%

Value $4.699M (+1.3%) Shares 30,593 (-6.3%) Est. Cost $82.91 Unrealized +76.4%

GTLS Chart Industries, Inc. 0.2%

Value $1.585M (-3.5%) Shares 7,668 (-3.8%) Est. Cost $202.64 Unrealized +2.2%

UPS United Parcel Service, Inc. Class B 0.1%

Value $844K (-6.2%) Shares 8,583 (-5.4%) Est. Cost $92.75 Unrealized +18.5%

— Adamas Trust, Inc. Conv Red Pfd Registered Shs Series E 0.1%

Value $1.313M (-4.0%) Shares 53,679 (-3.1%) Est. Cost $23.32 Unrealized —

— PG&E Corporation Pfd Shs A Non Voting 0.3%

Value $2.63M (+1.9%) Shares 61,168 (-2.8%) Est. Cost $39.94 Unrealized —

AL Air Lease Corporation Class A 0.2%

Value $1.636M (-2.8%) Shares 25,196 (-3.9%) Est. Cost $46.27 Unrealized +39.4%

— RLJ Lodging Trust USD Conv Pfd Registered Shs Series A 0.1%

Value $772K (-5.5%) Shares 32,025 (-2.3%) Est. Cost $24.56 Unrealized —

CURB Curbline Properties Corp. 0.3%

Value $3.198M (+1.4%) Shares 124,014 (-8.8%) Est. Cost $24.19 Unrealized —

PEP PepsiCo, Inc. 0.1%

Value $879K (+4.7%) Shares 5,660 (-3.2%) Est. Cost $145.91 Unrealized +6.1%

ESQ Esquire Financial Holdings, Inc. 0.3%

Value $2.67M (-0.9%) Shares 24,833 (-5.9%) Est. Cost $99.32 Unrealized +9.1%

SETM Sprott Critical Materials ETF 0.0%

Value $14,962 (-56.1%) Shares 452 (-61.6%) Est. Cost $28.97 Unrealized —

XHR Xenia Hotels & Resorts, Inc. 0.1%

Value $1.146M (+1.5%) Shares 77,270 (-3.2%) Est. Cost $14.83 Unrealized —

LGND Ligand Pharmaceuticals Incorporated 0.8%

Value $8.023M (+0.2%) Shares 40,185 (-5.1%) Est. Cost $84.51 Unrealized +128.6%

— Pebblebrook Hotel Trust Red Pfd Registered Shs of Benef Interest Series F 0.1%

Value $863K (-0.8%) Shares 44,695 (-2.1%) Est. Cost $20.20 Unrealized —

BRX Brixmor Property Group, Inc. 0.3%

Value $3.246M (+0.2%) Shares 112,723 (-8.8%) Est. Cost $26.55 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLPI	Gaming and Leisure Properties, Inc.	36,713 (-88.8%)	$1.629M (-88.9%)	0.2%	$32.15	—	COM	36467J108
CCI	Crown Castle Inc.	158,153 (-36.7%)	$12.86M (-42.1%)	1.3%	$71.90	+23.4%	COM	22822V101
PSA	Public Storage	42,346 (-43.4%)	$11.47M (-40.9%)	1.2%	$268.75	-3.8%	COM	74460D109
CPT	Camden Property Trust	43,522 (-54.3%)	$4.25M (-59.4%)	0.4%	$74.02	+48.8%	COM	133131102
SPG	Simon Property Group, Inc.	196,642 (-13.9%)	$36.68M (-13.3%)	3.8%	$67.38	+173.0%	COM	828806109
MAA	Mid-America Apartment Communities, Inc.	58,484 (-32.0%)	$7.142M (-40.2%)	0.7%	$149.23	-6.8%	COM	59522J103
AMT	American Tower Corporation	221,379 (-7.0%)	$38.21M (-8.6%)	3.9%	$107.38	+62.8%	COM	03027X100
IDCC	InterDigital, Inc.	16,073 (-36.6%)	$4.854M (-39.9%)	0.5%	$48.77	+593.0%	COM	45867G101
COLL	Collegium Pharmaceutical, Inc.	68,747 (-38.5%)	$2.273M (-56.1%)	0.2%	$23.49	+96.5%	COM	19459J104
CSGS	CSG Systems International, Inc.	19,355 (-61.1%)	$1.547M (-59.5%)	0.2%	$59.73	+33.0%	COM	126349109
AVB	AvalonBay Communities, Inc.	58,481 (-8.2%)	$9.553M (-17.3%)	1.0%	$178.02	+1.4%	COM	053484101
ESS	Essex Property Trust, Inc.	50,157 (-6.8%)	$12.14M (-13.8%)	1.2%	$242.57	+5.9%	COM	297178105
LINC	Lincoln Educational Services Corporation	225,681 (-28.0%)	$9.181M (+21.2%)	0.9%	$6.49	+322.8%	COM	533535100
UTI	Universal Technical Institute, Inc.	188,391 (-11.7%)	$6.801M (+30.9%)	0.7%	$19.62	+45.7%	COM	913915104
VLO	Valero Energy Corporation	18,992 (-3.6%)	$4.693M (+46.4%)	0.5%	$68.99	+175.5%	COM	91913Y100
GRC	Gorman-Rupp Company	107,904 (-6.1%)	$6.704M (+22.2%)	0.7%	$32.99	+74.5%	COM	383082104
BLFS	BioLife Solutions, Inc.	182,837 (-6.1%)	$3.489M (-25.9%)	0.4%	$17.83	+32.3%	COM	09062W204
WELL	Welltower Inc.	275,099 (-4.1%)	$54.39M (+2.2%)	5.6%	$68.15	+174.3%	COM	95040Q104
VICI	VICI Properties Inc	430,339 (-6.1%)	$11.76M (-8.8%)	1.2%	$17.29	+62.8%	COM	925652109
KRG	Kite Realty Group Trust	1,089,793 (-6.3%)	$26.75M (-4.0%)	2.7%	$20.76	—	COM	49803T300
EZPW	EZCORP, Inc. Class A	234,171 (-5.9%)	$5.943M (+23.0%)	0.6%	$14.73	+54.7%	COM	302301106
SEI	Solaris Energy Infrastructure, Inc. Class A	136,972 (-5.1%)	$7.74M (+16.6%)	0.8%	$11.44	+363.6%	COM	83418M103
FANG	Diamondback Energy, Inc.	23,717 (-3.7%)	$4.691M (+26.8%)	0.5%	$109.03	+46.6%	COM	25278X109
B	Barrick Mining Corporation	49,329 (-27.8%)	$2.012M (-32.4%)	0.2%	$19.29	+150.4%	COM	06849F108
NPKI	NPK International Inc.	527,684 (-6.0%)	$7.646M (+14.3%)	0.8%	$6.71	+105.6%	COM	651718504
EXR	Extra Space Storage Inc.	115,717 (-6.5%)	$15.17M (-5.8%)	1.6%	$108.16	+21.1%	COM	30225T102
EGP	EastGroup Properties, Inc.	153,375 (-6.7%)	$28.39M (-3.1%)	2.9%	$72.02	—	COM	277276101
PKE	Park Aerospace Corp.	187,591 (-6.1%)	$5.136M (+20.4%)	0.5%	$14.39	+69.7%	COM	70014A104
SII	Sprott Inc.	55,932 (-38.0%)	$7.993M (-9.5%)	0.8%	$36.75	+237.7%	COM	852066208
OMAB	Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B	18,994 (-30.3%)	$2.179M (-26.5%)	0.2%	$74.39	—	COM	400501102
TRNO	Terreno Realty Corporation	454,847 (-6.8%)	$27.94M (-2.5%)	2.9%	$28.14	—	COM	88146M101
NWPX	NWPX Infrastructure Inc.	63,256 (-6.0%)	$4.925M (+17.1%)	0.5%	$39.70	+75.9%	COM	667746101
RPRX	Royalty Pharma Plc Class A	88,738 (-3.3%)	$4.257M (+20.1%)	0.4%	$31.55	+34.0%	COM	G7709Q104
DHT	DHT Holdings, Inc.	201,383 (-17.2%)	$3.679M (+23.9%)	0.4%	$11.47	+24.8%	COM	Y2065G121
FPI	Farmland Partners Inc	825,997 (-7.5%)	$9.276M (+7.2%)	1.0%	$12.03	—	COM	31154R109
—	Albemarle Corporation Depository Shs Repr Conv Pfd Registered Shs	54,468 (-3.1%)	$3.914M (+17.2%)	0.4%	$36.32	—	PFD	012653200
OKE	ONEOK, Inc.	41,267 (-4.1%)	$3.73M (+18.0%)	0.4%	$66.73	+17.7%	COM	682680103
KNTK	Kinetik Holdings Inc. Class A	51,281 (-3.5%)	$2.483M (+29.6%)	0.3%	$45.46	-11.4%	COM	02215L209
NSSC	NAPCO Security Technologies, Inc.	113,389 (-5.8%)	$4.466M (-11.1%)	0.5%	$18.75	+123.2%	COM	630402105
AZZ	AZZ Inc.	50,107 (-6.6%)	$6.27M (+9.0%)	0.6%	$45.00	+180.6%	COM	002474104
VTR	Ventas, Inc.	331,765 (-7.1%)	$27.13M (-1.9%)	2.8%	$52.92	+46.1%	COM	92276F100
MAMA	Mama's Creations, Inc.	484,717 (-5.6%)	$7.436M (+7.4%)	0.8%	$4.62	+220.9%	COM	56146T103
GPGI	GPGI, Inc. Class A	142,897 (-6.4%)	$2.444M (-17.0%)	0.3%	$14.98	+55.9%	COM	20459V105
ELS	Equity LifeStyle Properties, Inc.	181,359 (-6.9%)	$11.32M (-4.1%)	1.2%	$77.14	—	COM	29472R108
—	Boeing Company Pfd Registered shs Series A	66,505 (-3.9%)	$4.315M (-9.7%)	0.4%	$98.32	—	PFD	097023204
SCCO	Southern Copper Corporation	19,726 (-3.7%)	$3.394M (+15.5%)	0.3%	$113.09	+65.7%	COM	84265V105
DVN	Devon Energy Corporation	36,161 (-3.7%)	$1.82M (+32.3%)	0.2%	$59.08	-31.9%	COM	25179M103
PSTL	Postal Realty Trust, Inc. Class A	181,723 (-23.1%)	$3.373M (-11.6%)	0.3%	$15.05	—	COM	73757R102
CWEN	Clearway Energy, Inc. Class C	87,866 (-3.2%)	$3.452M (+14.3%)	0.4%	$26.90	+36.4%	COM	18539C204
SIGA	SIGA Technologies Inc	371,413 (-6.2%)	$1.987M (-17.9%)	0.2%	$5.99	+11.6%	COM	826917106
ARCC	Ares Capital Corporation	144,315 (-3.2%)	$2.601M (-13.8%)	0.3%	$16.97	+17.9%	COM	04010L103
BLX	Banco Latinoamericano de Comercio Exterior, S.A. Class E	119,944 (-6.4%)	$6.127M (+7.2%)	0.6%	$12.89	+267.7%	COM	P16994132
IRMD	IRadimed Corp.	62,141 (-5.4%)	$5.982M (-6.4%)	0.6%	$53.43	+86.8%	COM	46266A109
EPR	EPR Properties	96,027 (-7.0%)	$4.798M (-6.9%)	0.5%	$49.02	—	COM	26884U109
ABBV	AbbVie, Inc.	16,800 (-3.2%)	$3.654M (-7.9%)	0.4%	$72.03	+209.0%	COM	00287Y109
AUPH	Aurinia Pharmaceuticals Inc.	114,601 (-8.8%)	$1.698M (-15.2%)	0.2%	$11.80	+25.2%	COM	05156V102
AXGN	Axogen, Inc.	167,910 (-6.0%)	$5.563M (-4.8%)	0.6%	$17.60	+89.2%	COM	05463X106
DAKT	Daktronics, Inc.	188,857 (-6.0%)	$3.692M (-7.1%)	0.4%	$12.48	+89.9%	COM	234264109
—	Bank of America Corp Non Cum Perp Conv Pfd Registered Shs Series L	1,915 (-5.8%)	$2.283M (-10.3%)	0.2%	$180.23	—	PFD	060505682
—	BK Technologies Corp.	53,098 (-6.1%)	$3.963M (-6.1%)	0.4%	$84.48	—	COM	05587G104
SBRA	Sabra Health Care REIT, Inc.	248,230 (-6.4%)	$4.773M (-5.0%)	0.5%	$17.84	—	COM	78573L106
STRW	Strawberry Fields REIT Inc	124,858 (-5.3%)	$1.486M (-14.0%)	0.2%	$11.21	—	COM	863182101
TKR	Timken Company	16,269 (-2.2%)	$1.636M (+16.9%)	0.2%	$77.13	+27.6%	COM	887389104
UMH	UMH Properties, Inc.	90,824 (-6.4%)	$1.311M (-15.1%)	0.1%	$15.91	—	COM	903002103
MRP	Millrose Properties Inc Class A	79,256 (-3.3%)	$2.219M (-9.3%)	0.2%	$31.01	—	COM	601137102
—	AT&T Inc Depositary Shs Repr Perp Pfd Shs Series C	161,172 (-3.6%)	$2.966M (-6.7%)	0.3%	$18.91	—	PFD	00206R706
GTY	Getty Realty Corp.	59,163 (-3.1%)	$1.881M (+12.5%)	0.2%	$29.18	—	COM	374297109
QQQI	NEOS Nasdaq One Hundred High Income ETF	31,759 (-3.0%)	$1.578M (-10.5%)	0.2%	$53.86	—	COM	78433H675
XYLD	Global X S&P Covered Call ETF	52,768 (-3.9%)	$2.065M (-7.5%)	0.2%	$39.42	—	COM	37954Y475
AOSL	Alpha and Omega Semiconductor Limited	150,154 (-6.1%)	$3.327M (+5.0%)	0.3%	$16.39	+34.4%	COM	G6331P104
MDT	Medtronic Plc	13,518 (-2.2%)	$1.171M (-11.7%)	0.1%	$91.27	+9.0%	COM	G5960L103
—	Public Storage Depositary Shs Repr Pfd Registered Shs Series H	91,300 (-2.6%)	$1.992M (-7.0%)	0.2%	$23.71	—	PFD	74460W644
CPA	Copa Holdings, S.A. Class A	14,785 (-1.8%)	$1.68M (-7.5%)	0.2%	$103.38	+34.3%	COM	P31076105
WULF	TeraWulf Inc.	503,544 (-18.9%)	$7.266M (+1.9%)	0.7%	$4.15	+251.5%	COM	88080T104
EYE	National Vision Holdings, Inc.	72,227 (-5.7%)	$1.871M (-5.4%)	0.2%	$24.38	+11.3%	COM	63845R107
AMGN	Amgen Inc.	9,677 (-4.1%)	$3.405M (+3.1%)	0.3%	$268.77	+30.1%	COM	031162100
OUT	OUTFRONT Media Inc.	387,143 (-8.2%)	$10.26M (+0.9%)	1.1%	$16.25	—	COM	69007J304
WMB	Williams Companies, Inc.	69,542 (-16.1%)	$5.061M (+1.6%)	0.5%	$19.40	+242.0%	COM	969457100
—	Redwood Trust, Inc. Red Pfd Registered Shs A Series A	54,783 (-3.6%)	$1.315M (-5.5%)	0.1%	$24.00	—	PFD	758075808
—	Microchip Technology Incorporated Pfd Shs Depositary Shares Repr Conv Pfd Shs Series A	18,998 (-4.2%)	$1.082M (-6.4%)	0.1%	$59.03	—	PFD	595017302
TRTN 8 PERP	Triton International Ltd. Conv Red Perp Pfd Registered Shs Series B	70,015 (-2.7%)	$1.743M (-3.8%)	0.2%	$25.20	—	PFD	G9078F131
REG	Regency Centers Corporation	149,781 (-9.3%)	$11.33M (-0.6%)	1.2%	$56.57	+20.1%	COM	758849103
—	EPR Properties Conv Pfd Shs Series C	110,841 (-4.3%)	$2.506M (-2.4%)	0.3%	$21.22	—	PFD	26884U208
HWKN	Hawkins, Inc.	30,593 (-6.3%)	$4.699M (+1.3%)	0.5%	$82.91	+76.4%	COM	420261109
GTLS	Chart Industries, Inc.	7,668 (-3.8%)	$1.585M (-3.5%)	0.2%	$202.64	+2.2%	COM	16115Q308
UPS	United Parcel Service, Inc. Class B	8,583 (-5.4%)	$844K (-6.2%)	0.1%	$92.75	+18.5%	COM	911312106
—	Adamas Trust, Inc. Conv Red Pfd Registered Shs Series E	53,679 (-3.1%)	$1.313M (-4.0%)	0.1%	$23.32	—	PFD	649604873
—	PG&E Corporation Pfd Shs A Non Voting	61,168 (-2.8%)	$2.63M (+1.9%)	0.3%	$39.94	—	PFD	69331C306
AL	Air Lease Corporation Class A	25,196 (-3.9%)	$1.636M (-2.8%)	0.2%	$46.27	+39.4%	COM	00912X302
—	RLJ Lodging Trust USD Conv Pfd Registered Shs Series A	32,025 (-2.3%)	$772K (-5.5%)	0.1%	$24.56	—	PFD	74965L200
CURB	Curbline Properties Corp.	124,014 (-8.8%)	$3.198M (+1.4%)	0.3%	$24.19	—	COM	23128Q101
PEP	PepsiCo, Inc.	5,660 (-3.2%)	$879K (+4.7%)	0.1%	$145.91	+6.1%	COM	713448108
ESQ	Esquire Financial Holdings, Inc.	24,833 (-5.9%)	$2.67M (-0.9%)	0.3%	$99.32	+9.1%	COM	29667J101
SETM	Sprott Critical Materials ETF	452 (-61.6%)	$14,962 (-56.1%)	0.0%	$28.97	—	COM	85208P402
XHR	Xenia Hotels & Resorts, Inc.	77,270 (-3.2%)	$1.146M (+1.5%)	0.1%	$14.83	—	COM	984017103
LGND	Ligand Pharmaceuticals Incorporated	40,185 (-5.1%)	$8.023M (+0.2%)	0.8%	$84.51	+128.6%	COM	53220K504
—	Pebblebrook Hotel Trust Red Pfd Registered Shs of Benef Interest Series F	44,695 (-2.1%)	$863K (-0.8%)	0.1%	$20.20	—	PFD	70509V704
BRX	Brixmor Property Group, Inc.	112,723 (-8.8%)	$3.246M (+0.2%)	0.3%	$26.55	—	COM	11120U105

Unchanged Positions (2)

EQIX Equinix, Inc. 5.7%

Value $55.85M Shares 56,974 Est. Cost $443.11 Unrealized +72.4%

MATX Matson, Inc. 0.1%

Value $1.137M Shares 6,934 Est. Cost $107.05 Unrealized +43.3%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EQIX	Equinix, Inc.	56,974	$55.85M	5.7%	$443.11	+72.4%	COM	29444U700
MATX	Matson, Inc.	6,934	$1.137M	0.1%	$107.05	+43.3%	COM	57686G105