BTG Pactual Asset Management US LLC Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	800,000	$64,504	6.3%	$80.46	—	PUT	464288513
EVRG	EVERGY INC	178,628	$12,949	1.3%	$75.45	0.0%	COM	30034W106
DTE	DTE ENERGY CO	92,354	$11,912	1.2%	$134.80	0.0%	COM	233331107
WEC	WEC ENERGY GROUP INC	104,975	$11,071	1.1%	$110.27	0.0%	COM	92939U106
D	DOMINION ENERGY INC	119,040	$6,975	0.7%	$59.76	0.0%	COM	25746U109
OGS	ONE GAS INC	86,408	$6,675	0.6%	$80.38	0.0%	COM	68235P108
BA	BOEING CO	28,300	$6,144	0.6%	—	—	CALL	097023105
BA	BOEING CO	28,300	$6,144	0.6%	—	—	PUT	097023105
QQQ	INVESCO QQQ TR	10,000	$6,143	0.6%	$614.30	—	PUT	46090E103
EOG	EOG RES INC	50,438	$5,296	0.5%	$107.22	0.0%	COM	26875P101
HIG	HARTFORD INSURANCE GROUP INC	32,886	$4,532	0.4%	$131.57	0.0%	COM	416515104
META	META PLATFORMS INC	6,700	$4,423	0.4%	$557.52	+19.7%	CALL	30303M102
META	META PLATFORMS INC	6,700	$4,423	0.4%	$557.52	+19.7%	PUT	30303M102
GM	GENERAL MTRS CO	51,200	$4,164	0.4%	—	—	CALL	37045V100
GM	GENERAL MTRS CO	51,200	$4,164	0.4%	—	—	PUT	37045V100
PCG	PG&E CORP	253,152	$4,068	0.4%	$15.92	0.0%	COM	69331C108
PEG	PUBLIC SVC ENTERPRISE GRP IN	49,942	$4,010	0.4%	$81.08	0.0%	COM	744573106
AM	ANTERO MIDSTREAM CORP	211,628	$3,765	0.4%	$17.75	0.0%	COM	03676B102
SUNC	SUNOCOCORP LLC	75,526	$3,722	0.4%	$49.49	0.0%	COM SHS LLC	86765Q106
CVX	CHEVRON CORP NEW	22,230	$3,388	0.3%	$151.40	0.0%	COM	166764100
QQQ	INVESCO QQQ TR	5,000	$3,072	0.3%	$614.30	—	CALL	46090E103
CNQ	CANADIAN NAT RES LTD	86,373	$2,925	0.3%	$32.42	0.0%	COM	136385101
GLD	SPDR GOLD TR	6,800	$2,695	0.3%	$272.88	—	CALL	78463V107
DHT	DHT HOLDINGS INC	205,782	$2,513	0.2%	$12.28	0.0%	SHS NEW	Y2065G121
CM	CANADIAN IMPERIAL BANK OF CO	26,446	$2,396	0.2%	$85.80	0.0%	COM	136069101
BTE	BAYTEX ENERGY CORP	633,954	$2,051	0.2%	$2.79	0.0%	COM	07317Q105
SMH	VANECK ETF TRUST	5,000	$1,801	0.2%	$291.92	—	PUT	92189F676
TIP	ISHARES TR	16,901	$1,789	0.2%	$105.85	—	TIPS BD ETF	464287176
XAGG	MORGAN STANLEY ETF TRUST	34,980	$1,763	0.2%	$50.41	—	EATON VANCE INCO	61774R817
WBD	WARNER BROS DISCOVERY INC	50,000	$1,441	0.1%	—	—	CALL	934423104
MELI	MERCADOLIBRE INC	500	$1,007	0.1%	$2100.46	0.0%	COM	58733R102
PNC	PNC FINL SVCS GROUP INC	4,473	$934	0.1%	$192.78	0.0%	COM	693475105
EWZ	ISHARES INC	27,049	$859	0.1%	$31.77	—	MSCI BRAZIL ETF	464286400
IEF	ISHARES TR	7,555	$715	0.1%	$94.61	—	7-10 YR TRSY BD	464287440
PGR	PROGRESSIVE CORP	2,923	$666	0.1%	$212.34	0.0%	COM	743315103
BKNG	BOOKING HOLDINGS INC	110	$589	0.1%	$5137.84	0.0%	COM	09857L108
TJX	TJX COS INC NEW	3,724	$572	0.1%	$147.70	0.0%	COM	872540109
INTC	INTEL CORP	14,803	$546	0.1%	$37.76	0.0%	COM	458140100
APP	APPLOVIN CORP	800	$539	0.1%	$502.71	+25.3%	PUT	03831W108
AMD	ADVANCED MICRO DEVICES INC	2,416	$517	0.1%	$224.60	0.0%	COM	007903107
BAC	BANK AMERICA CORP	9,294	$511	0.0%	$52.67	0.0%	COM	060505104
IAU	ISHARES GOLD TR	7,670	$478	0.0%	$62.36	—	ISHARES NEW	464285204
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	1,800	$461	0.0%	$249.31	0.0%	COM	874054109
SPOT	SPOTIFY TECHNOLOGY S A	750	$436	0.0%	$625.13	0.0%	SHS	L8681T102
L	LOEWS CORP	3,229	$340	0.0%	$103.22	0.0%	COM	540424108
CCEP	COCA-COLA EUROPACIFIC PARTNE	3,697	$335	0.0%	$89.63	0.0%	SHS	G25839104
LOGI	LOGITECH INTL S A	3,247	$334	0.0%	$112.41	0.0%	SHS	H50430232
RSG	REPUBLIC SVCS INC	1,561	$331	0.0%	$214.59	0.0%	COM	760759100
GILD	GILEAD SCIENCES INC	2,691	$330	0.0%	$120.88	0.0%	COM	375558103
BLK	BLACKROCK INC	308	$330	0.0%	$1089.41	0.0%	COM	09290D101
GLD	SPDR GOLD TR	800	$317	0.0%	$272.88	—	PUT	78463V107
BRK/B	BERKSHIRE HATHAWAY INC DEL	600	$302	0.0%	$453.00	+9.8%	PUT	084670702
BRK/B	BERKSHIRE HATHAWAY INC DEL	600	$302	0.0%	$453.00	+9.8%	CALL	084670702
MDT	MEDTRONIC PLC	3,027	$291	0.0%	$97.14	0.0%	SHS	G5960L103
AGO	ASSURED GUARANTY LTD	3,212	$289	0.0%	$86.24	0.0%	COM	G0585R106
FHI	FEDERATED HERMES INC	5,490	$286	0.0%	$50.31	0.0%	CL B	314211103
SSNC	SS&C TECHNOLOGIES HLDGS INC	3,219	$281	0.0%	$85.27	0.0%	COM	78467J100
KR	KROGER CO	4,496	$281	0.0%	$65.22	0.0%	COM	501044101
COR	CENCORA INC	830	$280	0.0%	$340.62	0.0%	COM	03073E105
OTIS	OTIS WORLDWIDE CORP	3,153	$275	0.0%	$89.25	0.0%	COM	68902V107
RNR	RENAISSANCERE HLDGS LTD	967	$272	0.0%	$263.15	0.0%	COM	G7496G103
GL	GLOBE LIFE INC	1,933	$270	0.0%	$135.45	0.0%	COM	37959E102
CPA	COPA HOLDINGS SA	2,228	$269	0.0%	$121.26	0.0%	CL A	P31076105
AIG	AMERICAN INTL GROUP INC	3,126	$267	0.0%	$79.68	0.0%	COM NEW	026874784
ESNT	ESSENT GROUP LTD	4,074	$265	0.0%	$62.08	0.0%	COM	G3198U102
AER	AERCAP HOLDINGS NV	1,819	$261	0.0%	$132.45	0.0%	SHS	N00985106
NFG	NATIONAL FUEL GAS CO	3,260	$261	0.0%	$82.39	0.0%	COM	636180101
AZO	AUTOZONE INC	76	$258	0.0%	$3777.86	0.0%	COM	053332102
MCK	MCKESSON CORP	314	$258	0.0%	$815.57	0.0%	COM	58155Q103
BPOP	POPULAR INC	2,062	$257	0.0%	$117.65	0.0%	COM NEW	733174700
AXS	AXIS CAP HLDGS LTD	2,393	$256	0.0%	$99.34	0.0%	SHS	G0692U109
CNO	CNO FINL GROUP INC	6,006	$255	0.0%	$40.61	0.0%	COM	12621E103
ADT	ADT INC DEL	31,600	$255	0.0%	$8.27	0.0%	COM	00090Q103
CSCO	CISCO SYS INC	3,297	$254	0.0%	$73.79	0.0%	COM	17275R102
VNET	VNET GROUP INC	30,000	$254	0.0%	$8.46	—	SPONSORED ADS A	90138A103
BYD	BOYD GAMING CORP	2,917	$249	0.0%	$82.27	0.0%	COM	103304101
IWM	ISHARES TR	1,000	$246	0.0%	$215.79	—	PUT	464287655
ITT	ITT INC	1,410	$245	0.0%	$179.17	0.0%	COM	45073V108
RS	RELIANCE INC	840	$243	0.0%	$280.97	0.0%	COM	759509102
TMUS	T-MOBILE US INC	1,192	$242	0.0%	$211.32	0.0%	COM	872590104
STT	STATE STR CORP	1,871	$241	0.0%	$118.97	0.0%	COM	857477103
JCI	JOHNSON CTLS INTL PLC	2,011	$241	0.0%	$114.81	0.0%	SHS	G51502105
FCFS	FIRSTCASH HOLDINGS INC	1,507	$240	0.0%	$157.02	0.0%	COM	33768G107
EHC	ENCOMPASS HEALTH CORP	2,259	$240	0.0%	$115.70	0.0%	COM	29261A100
BEN	FRANKLIN RESOURCES INC	10,036	$240	0.0%	$22.66	0.0%	COM	354613101
BWA	BORGWARNER INC	5,287	$238	0.0%	$43.69	0.0%	COM	099724106
TDG	TRANSDIGM GROUP INC	178	$237	0.0%	$1310.75	0.0%	COM	893641100
MET	METLIFE INC	2,937	$232	0.0%	$78.93	0.0%	COM	59156R108
F	FORD MTR CO	17,549	$230	0.0%	$12.83	0.0%	COM	345370860
CMI	CUMMINS INC	450	$230	0.0%	$466.32	0.0%	COM	231021106
CAH	CARDINAL HEALTH INC	1,107	$227	0.0%	$187.72	0.0%	COM	14149Y108
NOMD	NOMAD FOODS LTD	17,908	$224	0.0%	$12.21	0.0%	USD ORD SHS	G6564A105
SF	STIFEL FINL CORP	1,776	$222	0.0%	$119.59	0.0%	COM	860630102
NEM	NEWMONT CORP	2,193	$219	0.0%	$90.20	0.0%	COM	651639106
ALV	AUTOLIV INC	1,815	$215	0.0%	$119.41	0.0%	COM	052800109
PAG	PENSKE AUTOMOTIVE GRP INC	1,356	$215	0.0%	$164.43	0.0%	COM	70959W103
DINO	HF SINCLAIR CORP	4,614	$213	0.0%	$51.29	0.0%	COM	403949100
UNM	UNUM GROUP	2,732	$212	0.0%	$76.48	0.0%	COM	91529Y106
RL	RALPH LAUREN CORP	592	$209	0.0%	$340.01	0.0%	CL A	751212101
GPK	GRAPHIC PACKAGING HLDG CO	13,816	$208	0.0%	$16.44	0.0%	COM	388689101
EQH	EQUITABLE HLDGS INC	4,336	$207	0.0%	$47.25	0.0%	COM	29452E101
MGY	MAGNOLIA OIL & GAS CORP	9,427	$206	0.0%	$22.74	0.0%	CL A	559663109
SNX	TD SYNNEX CORPORATION	1,364	$205	0.0%	$152.83	0.0%	COM	87162W100
VCIT	VANGUARD SCOTTSDALE FDS	2,444	$205	0.0%	$83.75	—	INT-TERM CORP	92206C870
FHN	FIRST HORIZON CORPORATION	8,544	$204	0.0%	$22.18	0.0%	COM	320517105
LNC	LINCOLN NATL CORP IND	4,547	$202	0.0%	$41.17	0.0%	COM	534187109
NTES	NETEASE INC	1,457	$201	0.0%	$137.62	—	SPONSORED ADS	64110W102
CNNE	CANNAE HLDGS INC	12,455	$196	0.0%	$16.89	0.0%	COM	13765N107
PENN	PENN ENTERTAINMENT INC	10,472	$154	0.0%	$15.60	0.0%	COM	707569109
BCSF	BAIN CAP SPECIALTY FIN INC	10,121	$152	0.0%	$13.37	0.0%	COM STK	05684B107
PAGS	PAGSEGURO DIGITAL LTD	15,418	$149	0.0%	$9.59	0.0%	COM CL A	G68707101
XRAY	DENTSPLY SIRONA INC	12,959	$148	0.0%	$11.74	0.0%	COM	24906P109
OGN	ORGANON & CO	16,257	$117	0.0%	$7.89	0.0%	COMMON STOCK	68622V106
LX	LEXINFINTECH HLDGS LTD	31,336	$102	0.0%	$3.27	—	ADR	528877103
AMGN	AMGEN INC	300	$98	0.0%	$315.95	0.0%	PUT	031162100
AMGN	AMGEN INC	300	$98	0.0%	$315.95	0.0%	CALL	031162100
AMGN	AMGEN INC	262	$86	0.0%	$315.95	0.0%	COM	031162100
QQQ	INVESCO QQQ TR	33	$20	0.0%	$614.30	—	UNIT SER 1	46090E103

Increased Positions (67)

BRK/B BERKSHIRE HATHAWAY INC DEL 2.3%

Value ($000) $23,527 (+63.5%) Shares 46,805 (+58.0%) Est. Cost $453.00 Unrealized +9.8%

TSM TAIWAN SEMICONDUCTOR MFG LTD 1.5%

Value ($000) $15,628 (+104.3%) Shares 51,426 (+87.7%) Est. Cost $274.05 Unrealized —

OGE OGE ENERGY CORP 1.4%

Value ($000) $14,529 (+103.4%) Shares 340,268 (+120.4%) Est. Cost $44.68 Unrealized -0.2%

XEL XCEL ENERGY INC 1.4%

Value ($000) $13,973 (+107.6%) Shares 189,188 (+126.7%) Est. Cost $69.60 Unrealized +12.5%

XLV SELECT SECTOR SPDR TR 2.0%

Value ($000) $20,918 (+52.8%) Shares 134,367 (+32.3%) Est. Cost $147.51 Unrealized —

UTES ETFIS SER TR I 0.6%

Value ($000) $6,045 (+5335.0%) Shares 75,963 (+5598.6%) Est. Cost $79.65 Unrealized —

LLY ELI LILLY & CO 1.0%

Value ($000) $10,531 (+128.7%) Shares 9,799 (+62.4%) Est. Cost $845.59 Unrealized +13.0%

CNP CENTERPOINT ENERGY INC 1.1%

Value ($000) $11,412 (+104.8%) Shares 297,658 (+107.3%) Est. Cost $37.01 Unrealized +5.0%

AEP AMERICAN ELEC PWR CO INC 0.9%

Value ($000) $9,017 (+62.5%) Shares 78,196 (+58.5%) Est. Cost $107.78 Unrealized +9.2%

AMZN AMAZON COM INC 2.2%

Value ($000) $23,051 (+17.6%) Shares 99,865 (+11.9%) Est. Cost $204.75 Unrealized +11.7%

V VISA INC 1.2%

Value ($000) $11,834 (+37.4%) Shares 33,743 (+33.8%) Est. Cost $340.12 Unrealized +0.1%

BK BANK NEW YORK MELLON CORP 0.3%

Value ($000) $2,581 (+420.8%) Shares 22,230 (+388.8%) Est. Cost $108.63 Unrealized +1.7%

TIGO MILLICOM INTL CELLULAR S A 0.4%

Value ($000) $4,368 (+82.3%) Shares 78,787 (+23.2%) Est. Cost $30.68 Unrealized +64.1%

GOOGL ALPHABET INC 0.2%

Value ($000) $2,454 (+337.4%) Shares 7,840 (+239.7%) Est. Cost $255.08 Unrealized +12.0%

EXC EXELON CORP 0.9%

Value ($000) $8,997 (+24.9%) Shares 206,408 (+29.0%) Est. Cost $42.76 Unrealized +6.3%

PNW PINNACLE WEST CAP CORP 0.8%

Value ($000) $7,931 (+27.6%) Shares 89,414 (+29.0%) Est. Cost $88.89 Unrealized +0.4%

TAC TRANSALTA CORP 0.2%

Value ($000) $2,365 (+236.4%) Shares 186,980 (+263.2%) Est. Cost $13.44 Unrealized +11.1%

IHS IHS HOLDING LIMITED 0.4%

Value ($000) $4,314 (+36.2%) Shares 578,278 (+24.5%) Est. Cost $6.73 Unrealized +2.4%

CFG CITIZENS FINL GROUP INC 0.2%

Value ($000) $1,750 (+183.7%) Shares 29,958 (+158.2%) Est. Cost $51.88 Unrealized +3.3%

GEV GE VERNOVA INC 0.9%

Value ($000) $8,838 (+13.7%) Shares 13,523 (+7.0%) Est. Cost $404.87 Unrealized +50.4%

HCA HCA HEALTHCARE INC 0.3%

Value ($000) $3,467 (+40.5%) Shares 7,426 (+4.0%) Est. Cost $349.05 Unrealized +32.9%

HIW HIGHWOODS PPTYS INC 0.2%

Value ($000) $1,968 (+101.0%) Shares 60,632 (+101.0%) Est. Cost $32.46 Unrealized —

EWL ISHARES INC 0.1%

Value ($000) $996 (+10226.8%) Shares 18,176 (+10227.3%) Est. Cost $54.75 Unrealized —

AVGO BROADCOM INC 0.2%

Value ($000) $2,188 (+78.1%) Shares 6,321 (+69.8%) Est. Cost $264.11 Unrealized +35.2%

CEG CONSTELLATION ENERGY CORP 0.9%

Value ($000) $8,937 (+11.0%) Shares 25,297 (+3.4%) Est. Cost $243.01 Unrealized +49.5%

NU NU HLDGS LTD 0.1%

Value ($000) $967 (+427.3%) Shares 57,766 (+404.3%) Est. Cost $15.19 Unrealized +5.8%

VTEB VANGUARD MUN BD FDS 0.5%

Value ($000) $4,636 (+20.1%) Shares 94,562 (+20.1%) Est. Cost $49.60 Unrealized —

APP APPLOVIN CORP 0.1%

Value ($000) $1,351 (+125.2%) Shares 2,005 (+140.1%) Est. Cost $502.71 Unrealized +25.3%

AAPL APPLE INC 0.2%

Value ($000) $1,792 (+69.5%) Shares 6,592 (+58.7%) Est. Cost $233.12 Unrealized +15.1%

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $970 (+218.9%) Shares 1,700 (+217.8%) Est. Cost $525.17 Unrealized +6.4%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $1,039 (+177.3%) Shares 12,716 (+232.4%) Est. Cost $85.44 Unrealized +5.4%

IBIT ISHARES BITCOIN TRUST ETF 0.1%

Value ($000) $1,150 (+94.3%) Shares 19,040 (+109.1%) Est. Cost $62.60 Unrealized —

META META PLATFORMS INC 1.1%

Value ($000) $11,612 (-4.5%) Shares 17,592 (+6.2%) Est. Cost $557.52 Unrealized +19.7%

CEMB ISHARES INC 0.1%

Value ($000) $529 (+1110.0%) Shares 11,991 (+1110.0%) Est. Cost $44.12 Unrealized —

USHY ISHARES TR 0.2%

Value ($000) $2,235 (+27.2%) Shares 60,725 (+27.2%) Est. Cost $36.73 Unrealized —

VHT VANGUARD WORLD FD 0.6%

Value ($000) $5,776 (+8.9%) Shares 23,259 (+8.9%) Est. Cost $275.76 Unrealized —

JMUB J P MORGAN EXCHANGE TRADED F 0.2%

Value ($000) $2,008 (+30.3%) Shares 40,458 (+30.3%) Est. Cost $49.64 Unrealized —

VO VANGUARD INDEX FDS 1.2%

Value ($000) $12,723 (+3.7%) Shares 45,466 (+3.7%) Est. Cost $266.84 Unrealized —

RPRX ROYALTY PHARMA PLC 0.3%

Value ($000) $2,577 (+19.5%) Shares 66,694 (+9.1%) Est. Cost $36.36 Unrealized +4.9%

URI UNITED RENTALS INC 0.6%

Value ($000) $6,235 (-5.8%) Shares 7,704 (+11.2%) Est. Cost $799.66 Unrealized +8.4%

MUNI PIMCO ETF TR 0.3%

Value ($000) $2,961 (+13.3%) Shares 57,651 (+13.3%) Est. Cost $51.88 Unrealized —

URTH ISHARES INC 0.1%

Value ($000) $546 (+142.7%) Shares 3,567 (+142.7%) Est. Cost $128.88 Unrealized —

VB VANGUARD INDEX FDS 0.7%

Value ($000) $7,167 (+3.4%) Shares 30,244 (+3.4%) Est. Cost $236.99 Unrealized —

VTI VANGUARD INDEX FDS 0.2%

Value ($000) $1,824 (+13.7%) Shares 5,399 (+2.3%) Est. Cost $284.38 Unrealized —

VFH VANGUARD WORLD FD 0.6%

Value ($000) $6,071 (+3.5%) Shares 47,692 (+3.5%) Est. Cost $98.23 Unrealized —

MLPX GLOBAL X FDS 0.5%

Value ($000) $5,630 (+3.4%) Shares 89,850 (+3.4%) Est. Cost $58.38 Unrealized —

ABT ABBOTT LABS 0.0%

Value ($000) $417 (+51.6%) Shares 3,327 (+62.1%) Est. Cost $129.34 Unrealized -1.6%

WFC WELLS FARGO CO NEW 0.1%

Value ($000) $549 (+34.5%) Shares 5,892 (+20.9%) Est. Cost $81.54 Unrealized +6.2%

DVA DAVITA INC 0.0%

Value ($000) $342 (+68.6%) Shares 3,006 (+111.4%) Est. Cost $129.03 Unrealized -5.8%

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $387 (+55.5%) Shares 9,510 (+67.8%) Est. Cost $41.68 Unrealized -2.9%

EMLP FIRST TR EXCHANGE-TRADED FD 0.2%

Value ($000) $2,089 (+7.0%) Shares 55,680 (+7.0%) Est. Cost $34.00 Unrealized —

T AT&T INC 0.0%

Value ($000) $421 (+41.5%) Shares 16,955 (+60.9%) Est. Cost $27.01 Unrealized -6.4%

VRT VERTIV HOLDINGS CO 0.1%

Value ($000) $553 (+28.4%) Shares 3,413 (+19.5%) Est. Cost $139.90 Unrealized +24.1%

VOX VANGUARD WORLD FD 0.1%

Value ($000) $897 (+13.1%) Shares 5,246 (+13.1%) Est. Cost $152.85 Unrealized —

VXUS VANGUARD STAR FDS 0.0%

Value ($000) $368 (+38.5%) Shares 5,329 (+38.5%) Est. Cost $59.70 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.2%

Value ($000) $1,909 (+5.0%) Shares 20,025 (+7.5%) Est. Cost $103.18 Unrealized -5.0%

HYG ISHARES TR 0.1%

Value ($000) $734 (+11.1%) Shares 9,099 (+11.1%) Est. Cost $80.46 Unrealized —

FLUT FLUTTER ENTMT PLC 0.1%

Value ($000) $1,264 (+6.0%) Shares 4,425 (+6.0%) Est. Cost $194.24 Unrealized +15.8%

— KOSMOS ENERGY LTD 0.7%

Value ($000) $6,734 (-0.9%) Shares 15,705,000 (+46.7%) Est. Cost $0.57 Unrealized —

ALIT ALIGHT INC 0.0%

Value ($000) $117 (+78.9%) Shares 60,226 (+199.0%) Est. Cost $3.08 Unrealized -20.1%

DVY ISHARES TR 0.0%

Value ($000) $263 (+18.4%) Shares 1,979 (+18.4%) Est. Cost $107.58 Unrealized —

IEMG ISHARES INC 0.1%

Value ($000) $717 (+5.4%) Shares 11,947 (+5.4%) Est. Cost $51.61 Unrealized —

XRX XEROX HOLDINGS CORP 0.0%

Value ($000) $78 (+63.2%) Shares 32,860 (+158.9%) Est. Cost $4.48 Unrealized -34.0%

VT VANGUARD INTL EQUITY INDEX F 0.0%

Value ($000) $250 (+13.4%) Shares 1,947 (+13.4%) Est. Cost $102.70 Unrealized —

PREF PRINCIPAL EXCHANGE TRADED FD 0.1%

Value ($000) $597 (+4.5%) Shares 31,478 (+4.5%) Est. Cost $18.81 Unrealized —

FXI ISHARES TR 0.0%

Value ($000) $247 (+5.8%) Shares 6,441 (+13.7%) Est. Cost $40.80 Unrealized —

NXDT NEXPOINT DIVERSIFIED REL ET 0.0%

Value ($000) $277 (+3.7%) Shares 66,111 (+3.7%) Est. Cost $6.05 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	46,805 (+58.0%)	$23,527 (+63.5%)	2.3%	$453.00	+9.8%	CL B NEW	084670702
TSM	TAIWAN SEMICONDUCTOR MFG LTD	51,426 (+87.7%)	$15,628 (+104.3%)	1.5%	$274.05	—	SPONSORED ADS	874039100
OGE	OGE ENERGY CORP	340,268 (+120.4%)	$14,529 (+103.4%)	1.4%	$44.68	-0.2%	COM	670837103
XEL	XCEL ENERGY INC	189,188 (+126.7%)	$13,973 (+107.6%)	1.4%	$69.60	+12.5%	COM	98389B100
XLV	SELECT SECTOR SPDR TR	134,367 (+32.3%)	$20,918 (+52.8%)	2.0%	$147.51	—	STATE STREET HEA	81369Y209
UTES	ETFIS SER TR I	75,963 (+5598.6%)	$6,045 (+5335.0%)	0.6%	$79.65	—	VIRTUS REAVES UT	26923G806
LLY	ELI LILLY & CO	9,799 (+62.4%)	$10,531 (+128.7%)	1.0%	$845.59	+13.0%	COM	532457108
CNP	CENTERPOINT ENERGY INC	297,658 (+107.3%)	$11,412 (+104.8%)	1.1%	$37.01	+5.0%	COM	15189T107
AEP	AMERICAN ELEC PWR CO INC	78,196 (+58.5%)	$9,017 (+62.5%)	0.9%	$107.78	+9.2%	COM	025537101
AMZN	AMAZON COM INC	99,865 (+11.9%)	$23,051 (+17.6%)	2.2%	$204.75	+11.7%	COM	023135106
V	VISA INC	33,743 (+33.8%)	$11,834 (+37.4%)	1.2%	$340.12	+0.1%	COM CL A	92826C839
BK	BANK NEW YORK MELLON CORP	22,230 (+388.8%)	$2,581 (+420.8%)	0.3%	$108.63	+1.7%	COM	064058100
TIGO	MILLICOM INTL CELLULAR S A	78,787 (+23.2%)	$4,368 (+82.3%)	0.4%	$30.68	+64.1%	COM STK	L6388F110
GOOGL	ALPHABET INC	7,840 (+239.7%)	$2,454 (+337.4%)	0.2%	$255.08	+12.0%	CAP STK CL A	02079K305
EXC	EXELON CORP	206,408 (+29.0%)	$8,997 (+24.9%)	0.9%	$42.76	+6.3%	COM	30161N101
PNW	PINNACLE WEST CAP CORP	89,414 (+29.0%)	$7,931 (+27.6%)	0.8%	$88.89	+0.4%	COM	723484101
TAC	TRANSALTA CORP	186,980 (+263.2%)	$2,365 (+236.4%)	0.2%	$13.44	+11.1%	COM	89346D107
IHS	IHS HOLDING LIMITED	578,278 (+24.5%)	$4,314 (+36.2%)	0.4%	$6.73	+2.4%	ORD SHS	G4701H109
CFG	CITIZENS FINL GROUP INC	29,958 (+158.2%)	$1,750 (+183.7%)	0.2%	$51.88	+3.3%	COM	174610105
GEV	GE VERNOVA INC	13,523 (+7.0%)	$8,838 (+13.7%)	0.9%	$404.87	+50.4%	COM	36828A101
HCA	HCA HEALTHCARE INC	7,426 (+4.0%)	$3,467 (+40.5%)	0.3%	$349.05	+32.9%	COM	40412C101
HIW	HIGHWOODS PPTYS INC	60,632 (+101.0%)	$1,968 (+101.0%)	0.2%	$32.46	—	COM	431284108
EWL	ISHARES INC	18,176 (+10227.3%)	$996 (+10226.8%)	0.1%	$54.75	—	MSCI SWITZERLAND	464286749
AVGO	BROADCOM INC	6,321 (+69.8%)	$2,188 (+78.1%)	0.2%	$264.11	+35.2%	COM	11135F101
CEG	CONSTELLATION ENERGY CORP	25,297 (+3.4%)	$8,937 (+11.0%)	0.9%	$243.01	+49.5%	COM	21037T109
NU	NU HLDGS LTD	57,766 (+404.3%)	$967 (+427.3%)	0.1%	$15.19	+5.8%	ORD SHS CL A	G6683N103
VTEB	VANGUARD MUN BD FDS	94,562 (+20.1%)	$4,636 (+20.1%)	0.5%	$49.60	—	TAX EXEMPT BD	922907746
APP	APPLOVIN CORP	2,005 (+140.1%)	$1,351 (+125.2%)	0.1%	$502.71	+25.3%	COM CL A	03831W108
AAPL	APPLE INC	6,592 (+58.7%)	$1,792 (+69.5%)	0.2%	$233.12	+15.1%	COM	037833100
MA	MASTERCARD INCORPORATED	1,700 (+217.8%)	$970 (+218.9%)	0.1%	$525.17	+6.4%	CL A	57636Q104
UBER	UBER TECHNOLOGIES INC	12,716 (+232.4%)	$1,039 (+177.3%)	0.1%	$85.44	+5.4%	COM	90353T100
IBIT	ISHARES BITCOIN TRUST ETF	19,040 (+109.1%)	$1,150 (+94.3%)	0.1%	$62.60	—	SHS BEN INT	46438F101
META	META PLATFORMS INC	17,592 (+6.2%)	$11,612 (-4.5%)	1.1%	$557.52	+19.7%	CL A	30303M102
CEMB	ISHARES INC	11,991 (+1110.0%)	$529 (+1110.0%)	0.1%	$44.12	—	JP MRG EM CRP BD	464286251
USHY	ISHARES TR	60,725 (+27.2%)	$2,235 (+27.2%)	0.2%	$36.73	—	BROAD USD HIGH	46435U853
VHT	VANGUARD WORLD FD	23,259 (+8.9%)	$5,776 (+8.9%)	0.6%	$275.76	—	HEALTH CAR ETF	92204A504
JMUB	J P MORGAN EXCHANGE TRADED F	40,458 (+30.3%)	$2,008 (+30.3%)	0.2%	$49.64	—	MUNICIPAL ETF	46641Q647
VO	VANGUARD INDEX FDS	45,466 (+3.7%)	$12,723 (+3.7%)	1.2%	$266.84	—	MID CAP ETF	922908629
RPRX	ROYALTY PHARMA PLC	66,694 (+9.1%)	$2,577 (+19.5%)	0.3%	$36.36	+4.9%	SHS CLASS A	G7709Q104
URI	UNITED RENTALS INC	7,704 (+11.2%)	$6,235 (-5.8%)	0.6%	$799.66	+8.4%	COM	911363109
MUNI	PIMCO ETF TR	57,651 (+13.3%)	$2,961 (+13.3%)	0.3%	$51.88	—	INTER MUN BD ACT	72201R866
URTH	ISHARES INC	3,567 (+142.7%)	$546 (+142.7%)	0.1%	$128.88	—	MSCI WORLD ETF	464286392
VB	VANGUARD INDEX FDS	30,244 (+3.4%)	$7,167 (+3.4%)	0.7%	$236.99	—	SMALL CP ETF	922908751
VTI	VANGUARD INDEX FDS	5,399 (+2.3%)	$1,824 (+13.7%)	0.2%	$284.38	—	TOTAL STK MKT	922908769
VFH	VANGUARD WORLD FD	47,692 (+3.5%)	$6,071 (+3.5%)	0.6%	$98.23	—	FINANCIALS ETF	92204A405
MLPX	GLOBAL X FDS	89,850 (+3.4%)	$5,630 (+3.4%)	0.5%	$58.38	—	GLB X MLP ENRG I	37954Y293
ABT	ABBOTT LABS	3,327 (+62.1%)	$417 (+51.6%)	0.0%	$129.34	-1.6%	COM	002824100
WFC	WELLS FARGO CO NEW	5,892 (+20.9%)	$549 (+34.5%)	0.1%	$81.54	+6.2%	COM	949746101
DVA	DAVITA INC	3,006 (+111.4%)	$342 (+68.6%)	0.0%	$129.03	-5.8%	COM	23918K108
VZ	VERIZON COMMUNICATIONS INC	9,510 (+67.8%)	$387 (+55.5%)	0.0%	$41.68	-2.9%	COM	92343V104
EMLP	FIRST TR EXCHANGE-TRADED FD	55,680 (+7.0%)	$2,089 (+7.0%)	0.2%	$34.00	—	NO AMER ENERGY	33738D101
T	AT&T INC	16,955 (+60.9%)	$421 (+41.5%)	0.0%	$27.01	-6.4%	COM	00206R102
VRT	VERTIV HOLDINGS CO	3,413 (+19.5%)	$553 (+28.4%)	0.1%	$139.90	+24.1%	COM CL A	92537N108
VOX	VANGUARD WORLD FD	5,246 (+13.1%)	$897 (+13.1%)	0.1%	$152.85	—	COMM SRVC ETF	92204A884
VXUS	VANGUARD STAR FDS	5,329 (+38.5%)	$368 (+38.5%)	0.0%	$59.70	—	VG TL INTL STK F	921909768
BSX	BOSTON SCIENTIFIC CORP	20,025 (+7.5%)	$1,909 (+5.0%)	0.2%	$103.18	-5.0%	COM	101137107
HYG	ISHARES TR	9,099 (+11.1%)	$734 (+11.1%)	0.1%	$80.46	—	IBOXX HI YD ETF	464288513
FLUT	FLUTTER ENTMT PLC	4,425 (+6.0%)	$1,264 (+6.0%)	0.1%	$194.24	+15.8%	SHS	G3643J108
—	KOSMOS ENERGY LTD	15,705,000 (+46.7%)	$6,734 (-0.9%)	0.7%	$0.57	—	NOTE 3.125% 3/1	500688AH9
ALIT	ALIGHT INC	60,226 (+199.0%)	$117 (+78.9%)	0.0%	$3.08	-20.1%	COM CL A	01626W101
DVY	ISHARES TR	1,979 (+18.4%)	$263 (+18.4%)	0.0%	$107.58	—	SELECT DIVID ETF	464287168
IEMG	ISHARES INC	11,947 (+5.4%)	$717 (+5.4%)	0.1%	$51.61	—	CORE MSCI EMKT	46434G103
XRX	XEROX HOLDINGS CORP	32,860 (+158.9%)	$78 (+63.2%)	0.0%	$4.48	-34.0%	COM NEW	98421M106
VT	VANGUARD INTL EQUITY INDEX F	1,947 (+13.4%)	$250 (+13.4%)	0.0%	$102.70	—	TT WRLD ST ETF	922042742
PREF	PRINCIPAL EXCHANGE TRADED FD	31,478 (+4.5%)	$597 (+4.5%)	0.1%	$18.81	—	SPECTRUM PFD	74255Y888
FXI	ISHARES TR	6,441 (+13.7%)	$247 (+5.8%)	0.0%	$40.80	—	CHINA LG-CAP ETF	464287184
NXDT	NEXPOINT DIVERSIFIED REL ET	66,111 (+3.7%)	$277 (+3.7%)	0.0%	$6.05	—	COM NEW	65340G205

Exited Positions (123)

SPY SPDR S&P 500 ETF TR 106.6%

Value ($000) $1,094,334 Shares 1,642,700 Est. Cost $569.24 Unrealized —

HUT HUT 8 CORP 3.3%

Value ($000) $33,940 Shares 975,000 Est. Cost — Unrealized —

IREN IREN LIMITED 3.2%

Value ($000) $32,382 Shares 690,000 Est. Cost $24.29 Unrealized +112.4%

CIFR CIPHER MINING INC 2.9%

Value ($000) $30,216 Shares 2,400,000 Est. Cost — Unrealized —

AAPL APPLE INC 1.0%

Value ($000) $10,567 Shares 41,500 Est. Cost $233.12 Unrealized +15.1%

AAPL APPLE INC 1.0%

Value ($000) $10,567 Shares 41,500 Est. Cost $233.12 Unrealized +15.1%

— CYBERARK SOFTWARE LTD 0.9%

Value ($000) $8,908 Shares 18,437 Est. Cost $476.23 Unrealized —

LNT ALLIANT ENERGY CORP 0.8%

Value ($000) $8,175 Shares 121,268 Est. Cost $60.10 Unrealized +11.2%

— KELLANOVA 0.7%

Value ($000) $6,792 Shares 82,811 Est. Cost $78.47 Unrealized +5.3%

— KELLANOVA 0.6%

Value ($000) $6,562 Shares 80,000 Est. Cost $78.47 Unrealized +5.3%

KWEB KRANESHARES TRUST 0.6%

Value ($000) $6,302 Shares 150,000 Est. Cost $40.17 Unrealized —

— FRONTIER COMMUNICATIONS PARE 0.5%

Value ($000) $5,391 Shares 144,348 Est. Cost $36.82 Unrealized —

AWK AMERICAN WTR WKS CO INC NEW 0.3%

Value ($000) $3,517 Shares 25,265 Est. Cost $140.03 Unrealized -4.9%

KMI KINDER MORGAN INC DEL 0.3%

Value ($000) $2,715 Shares 95,896 Est. Cost $26.80 Unrealized +0.4%

NEE NEXTERA ENERGY INC 0.3%

Value ($000) $2,599 Shares 34,432 Est. Cost $72.21 Unrealized +14.2%

SRE SEMPRA 0.2%

Value ($000) $2,532 Shares 28,143 Est. Cost $79.82 Unrealized +13.4%

OKE ONEOK INC NEW 0.2%

Value ($000) $2,224 Shares 30,478 Est. Cost $75.06 Unrealized -6.1%

FE FIRSTENERGY CORP 0.2%

Value ($000) $2,215 Shares 48,336 Est. Cost $38.72 Unrealized +18.1%

JBS JBS N.V. 0.2%

Value ($000) $2,179 Shares 145,953 Est. Cost $14.07 Unrealized -2.4%

BMO BANK MONTREAL QUE 0.2%

Value ($000) $2,113 Shares 16,220 Est. Cost $118.02 Unrealized +7.3%

ES EVERSOURCE ENERGY 0.2%

Value ($000) $2,021 Shares 28,414 Est. Cost $64.19 Unrealized +8.3%

EWT ISHARES INC 0.2%

Value ($000) $1,845 Shares 29,000 Est. Cost — Unrealized —

EWT ISHARES INC 0.2%

Value ($000) $1,845 Shares 29,000 Est. Cost — Unrealized —

SU SUNCOR ENERGY INC NEW 0.2%

Value ($000) $1,664 Shares 39,773 Est. Cost $40.11 Unrealized +5.4%

WTRG ESSENTIAL UTILS INC 0.2%

Value ($000) $1,600 Shares 40,112 Est. Cost $38.95 Unrealized +1.0%

— SPIRIT AEROSYSTEMS HLDGS INC 0.1%

Value ($000) $1,251 Shares 32,400 Est. Cost $34.74 Unrealized —

STNE STONECO LTD 0.1%

Value ($000) $1,244 Shares 65,792 Est. Cost $18.91 Unrealized —

PSX PHILLIPS 66 0.1%

Value ($000) $1,226 Shares 9,011 Est. Cost $126.39 Unrealized +6.0%

KWEB KRANESHARES TRUST 0.1%

Value ($000) $1,166 Shares 27,762 Est. Cost $40.17 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $1,130 Shares 10,023 Est. Cost $109.70 Unrealized +5.3%

AR ANTERO RESOURCES CORP 0.1%

Value ($000) $1,120 Shares 33,375 Est. Cost $33.33 Unrealized +1.6%

NI NISOURCE INC 0.1%

Value ($000) $1,024 Shares 23,650 Est. Cost $38.61 Unrealized +10.4%

DD DUPONT DE NEMOURS INC 0.1%

Value ($000) $1,019 Shares 13,086 Est. Cost $31.14 Unrealized +20.0%

ARGT GLOBAL X FDS 0.1%

Value ($000) $942 Shares 13,500 Est. Cost — Unrealized —

TZA DIREXION SHS ETF TR 0.1%

Value ($000) $882 Shares 29,000 Est. Cost $30.42 Unrealized —

FCX FREEPORT-MCMORAN INC 0.1%

Value ($000) $872 Shares 22,233 Est. Cost $43.20 Unrealized +0.3%

XHB SPDR SERIES TRUST 0.1%

Value ($000) $813 Shares 7,342 Est. Cost $109.01 Unrealized —

ACWI ISHARES TR 0.1%

Value ($000) $796 Shares 5,930 Est. Cost $134.22 Unrealized —

SBLK STAR BULK CARRIERS CORP. 0.1%

Value ($000) $768 Shares 41,306 Est. Cost $18.84 Unrealized -0.9%

DTM DT MIDSTREAM INC 0.1%

Value ($000) $768 Shares 6,789 Est. Cost $103.16 Unrealized +10.8%

IWM ISHARES TR 0.1%

Value ($000) $673 Shares 2,780 Est. Cost $215.79 Unrealized —

EQT EQT CORP 0.1%

Value ($000) $653 Shares 12,000 Est. Cost — Unrealized —

VIST VISTA ENERGY S.A.B. DE C.V. 0.1%

Value ($000) $604 Shares 17,561 Est. Cost $34.40 Unrealized —

TFC TRUIST FINL CORP 0.1%

Value ($000) $587 Shares 12,835 Est. Cost $44.34 Unrealized +3.3%

MTB M & T BK CORP 0.1%

Value ($000) $584 Shares 2,956 Est. Cost $193.71 Unrealized -1.9%

HBAN HUNTINGTON BANCSHARES INC 0.1%

Value ($000) $581 Shares 33,644 Est. Cost $16.82 Unrealized -3.1%

SPSM SPDR SERIES TRUST 0.1%

Value ($000) $580 Shares 14,746 Est. Cost $39.35 Unrealized —

RF REGIONS FINANCIAL CORP NEW 0.1%

Value ($000) $574 Shares 21,784 Est. Cost $25.54 Unrealized -0.6%

— SURMODICS INC 0.0%

Value ($000) $447 Shares 14,944 Est. Cost $29.89 Unrealized —

TSLA TESLA INC 0.0%

Value ($000) $363 Shares 816 Est. Cost $346.84 Unrealized +27.8%

SMH VANECK ETF TRUST 0.0%

Value ($000) $327 Shares 1,001 Est. Cost $291.92 Unrealized —

IGIB ISHARES TR 0.0%

Value ($000) $317 Shares 5,942 Est. Cost $51.76 Unrealized —

AAXJ ISHARES TR 0.0%

Value ($000) $311 Shares 3,765 Est. Cost $81.06 Unrealized —

TECS DIREXION SHS ETF TR 0.0%

Value ($000) $275 Shares 14,200 Est. Cost $19.34 Unrealized —

KKR KKR & CO INC 0.0%

Value ($000) $262 Shares 2,020 Est. Cost $141.65 Unrealized -12.3%

— PROSHARES TR 0.0%

Value ($000) $260 Shares 14,600 Est. Cost $17.83 Unrealized —

EQIX EQUINIX INC 0.0%

Value ($000) $258 Shares 328 Est. Cost $764.96 Unrealized +2.1%

HYEM VANECK ETF TRUST 0.0%

Value ($000) $254 Shares 12,821 Est. Cost $19.08 Unrealized —

PFE PFIZER INC 0.0%

Value ($000) $250 Shares 10,314 Est. Cost $24.14 Unrealized +3.7%

RTX RTX CORPORATION 0.0%

Value ($000) $247 Shares 1,478 Est. Cost $154.28 Unrealized +12.3%

MDY SPDR S&P MIDCAP 400 ETF TR 0.0%

Value ($000) $219 Shares 410 Est. Cost $568.28 Unrealized —

ESLT ELBIT SYS LTD 0.0%

Value ($000) $208 Shares 410 Est. Cost $467.26 Unrealized +7.1%

STZ CONSTELLATION BRANDS INC 0.0%

Value ($000) $202 Shares 1,087 Est. Cost $157.52 Unrealized -13.1%

IYH ISHARES TR 0.0%

Value ($000) $199 Shares 3,530 Est. Cost $56.48 Unrealized —

HDV ISHARES TR 0.0%

Value ($000) $196 Shares 1,672 Est. Cost $104.67 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $185 Shares 3,259 Est. Cost $56.85 Unrealized —

— STEELCASE INC 0.0%

Value ($000) $172 Shares 10,000 Est. Cost $17.20 Unrealized —

TK TEEKAY CORPORATION LTD 0.0%

Value ($000) $169 Shares 20,430 Est. Cost $7.96 Unrealized +15.6%

USMV ISHARES TR 0.0%

Value ($000) $165 Shares 1,760 Est. Cost $92.63 Unrealized —

SOXS DIREXION SHS ETF TR 0.0%

Value ($000) $165 Shares 31,900 Est. Cost $5.17 Unrealized —

EWY ISHARES INC 0.0%

Value ($000) $164 Shares 2,291 Est. Cost $63.96 Unrealized —

VCR VANGUARD WORLD FD 0.0%

Value ($000) $159 Shares 440 Est. Cost $384.25 Unrealized —

JNK SPDR SERIES TRUST 0.0%

Value ($000) $159 Shares 1,636 Est. Cost $97.27 Unrealized —

SGML SIGMA LITHIUM CORPORATION 0.0%

Value ($000) $153 Shares 11,150 Est. Cost $6.01 Unrealized +43.2%

STLA STELLANTIS N.V 0.0%

Value ($000) $138 Shares 14,995 Est. Cost $9.23 Unrealized —

IYF ISHARES TR 0.0%

Value ($000) $134 Shares 1,108 Est. Cost $120.99 Unrealized —

PFF ISHARES TR 0.0%

Value ($000) $130 Shares 4,223 Est. Cost $31.64 Unrealized —

APLE APPLE HOSPITALITY REIT INC 0.0%

Value ($000) $126 Shares 10,515 Est. Cost $11.67 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 0.0%

Value ($000) $123 Shares 5,870 Est. Cost $21.13 Unrealized —

IWB ISHARES TR 0.0%

Value ($000) $120 Shares 353 Est. Cost $328.30 Unrealized —

VOO VANGUARD INDEX FDS 0.0%

Value ($000) $120 Shares 211 Est. Cost $548.38 Unrealized —

VDE VANGUARD WORLD FD 0.0%

Value ($000) $115 Shares 967 Est. Cost $130.28 Unrealized —

XME SPDR SERIES TRUST 0.0%

Value ($000) $114 Shares 1,225 Est. Cost $93.19 Unrealized —

WEN WENDYS CO 0.0%

Value ($000) $113 Shares 12,370 Est. Cost $11.84 Unrealized -27.1%

XLU SELECT SECTOR SPDR TR 0.0%

Value ($000) $110 Shares 1,263 Est. Cost $87.21 Unrealized —

SPXS DIREXION SHS ETF TR 0.0%

Value ($000) $93 Shares 5,780 Est. Cost $16.07 Unrealized —

QUAL ISHARES TR 0.0%

Value ($000) $90 Shares 492 Est. Cost $147.99 Unrealized —

PFFA ETFIS SER TR I 0.0%

Value ($000) $86 Shares 4,136 Est. Cost $20.83 Unrealized —

XLI SELECT SECTOR SPDR TR 0.0%

Value ($000) $86 Shares 558 Est. Cost $146.57 Unrealized —

XLK SELECT SECTOR SPDR TR 0.0%

Value ($000) $75 Shares 282 Est. Cost $243.56 Unrealized —

IEV ISHARES TR 0.0%

Value ($000) $62 Shares 988 Est. Cost $55.04 Unrealized —

XLY SELECT SECTOR SPDR TR 0.0%

Value ($000) $57 Shares 238 Est. Cost $239.64 Unrealized —

AMZA ETFIS SER TR I 0.0%

Value ($000) $45 Shares 1,045 Est. Cost $43.35 Unrealized —

VPL VANGUARD INTL EQUITY INDEX F 0.0%

Value ($000) $40 Shares 481 Est. Cost $71.46 Unrealized —

ENFR ALPS ETF TR 0.0%

Value ($000) $33 Shares 1,009 Est. Cost $30.74 Unrealized —

EEM ISHARES TR 0.0%

Value ($000) $30 Shares 571 Est. Cost $53.40 Unrealized —

GOVT ISHARES TR 0.0%

Value ($000) $27 Shares 1,180 Est. Cost $22.87 Unrealized —

IHAK ISHARES TR 0.0%

Value ($000) $27 Shares 500 Est. Cost $50.68 Unrealized —

IXC ISHARES TR 0.0%

Value ($000) $19 Shares 489 Est. Cost $42.03 Unrealized —

XLB SELECT SECTOR SPDR TR 0.0%

Value ($000) $18 Shares 205 Est. Cost $94.35 Unrealized —

XLRE SELECT SECTOR SPDR TR 0.0%

Value ($000) $15 Shares 353 Est. Cost $39.17 Unrealized —

JPXN ISHARES TR 0.0%

Value ($000) $13 Shares 166 Est. Cost $74.23 Unrealized —

EZU ISHARES INC 0.0%

Value ($000) $13 Shares 213 Est. Cost $47.55 Unrealized —

IJR ISHARES TR 0.0%

Value ($000) $12 Shares 108 Est. Cost $109.29 Unrealized —

VXF VANGUARD INDEX FDS 0.0%

Value ($000) $10 Shares 54 Est. Cost $196.76 Unrealized —

EFA ISHARES TR 0.0%

Value ($000) $10 Shares 110 Est. Cost $89.39 Unrealized —

GDX VANECK ETF TRUST 0.0%

Value ($000) $10 Shares 126 Est. Cost $37.60 Unrealized —

JEPQ J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $9 Shares 172 Est. Cost $54.40 Unrealized —

KBE SPDR SERIES TRUST 0.0%

Value ($000) $7 Shares 128 Est. Cost $46.77 Unrealized —

SHY ISHARES TR 0.0%

Value ($000) $7 Shares 85 Est. Cost $82.15 Unrealized —

IJH ISHARES TR 0.0%

Value ($000) $7 Shares 105 Est. Cost $62.02 Unrealized —

MTUM ISHARES TR 0.0%

Value ($000) $6 Shares 24 Est. Cost $240.33 Unrealized —

BBAX J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $6 Shares 108 Est. Cost $54.50 Unrealized —

IHE ISHARES TR 0.0%

Value ($000) $6 Shares 87 Est. Cost $69.51 Unrealized —

IJJ ISHARES TR 0.0%

Value ($000) $5 Shares 40 Est. Cost $123.58 Unrealized —

IWR ISHARES TR 0.0%

Value ($000) $5 Shares 49 Est. Cost $91.98 Unrealized —

URA GLOBAL X FDS 0.0%

Value ($000) $4 Shares 75 Est. Cost $47.67 Unrealized —

MCHI ISHARES TR 0.0%

Value ($000) $3 Shares 58 Est. Cost $45.36 Unrealized —

VOE VANGUARD INDEX FDS 0.0%

Value ($000) $2 Shares 15 Est. Cost $164.47 Unrealized —

IWP ISHARES TR 0.0%

Value ($000) $2 Shares 11 Est. Cost $138.64 Unrealized —

EFAV ISHARES TR 0.0%

Value ($000) $1 Shares 12 Est. Cost $84.08 Unrealized —

TAN INVESCO EXCH TRADED FD TR II 0.0%

Value ($000) $1 Shares 19 Est. Cost $36.53 Unrealized —

IREN IREN LIMITED 0.0%

Value ($000) $0 Shares 3 Est. Cost $24.29 Unrealized +112.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,642,700	$1,094,334	106.6%	$569.24	—	CALL	78462F103
HUT	HUT 8 CORP	975,000	$33,940	3.3%	—	—	CALL	44812J104
IREN	IREN LIMITED	690,000	$32,382	3.2%	$24.29	+112.4%	CALL	Q4982L109
CIFR	CIPHER MINING INC	2,400,000	$30,216	2.9%	—	—	CALL	17253J106
AAPL	APPLE INC	41,500	$10,567	1.0%	$233.12	+15.1%	CALL	037833100
AAPL	APPLE INC	41,500	$10,567	1.0%	$233.12	+15.1%	PUT	037833100
—	CYBERARK SOFTWARE LTD	18,437	$8,908	0.9%	$476.23	—	—	M2682V108
LNT	ALLIANT ENERGY CORP	121,268	$8,175	0.8%	$60.10	+11.2%	—	018802108
—	KELLANOVA	82,811	$6,792	0.7%	$78.47	+5.3%	—	487836108
—	KELLANOVA	80,000	$6,562	0.6%	$78.47	+5.3%	PUT	487836108
KWEB	KRANESHARES TRUST	150,000	$6,302	0.6%	$40.17	—	CALL	500767306
—	FRONTIER COMMUNICATIONS PARE	144,348	$5,391	0.5%	$36.82	—	—	35909D109
AWK	AMERICAN WTR WKS CO INC NEW	25,265	$3,517	0.3%	$140.03	-4.9%	—	030420103
KMI	KINDER MORGAN INC DEL	95,896	$2,715	0.3%	$26.80	+0.4%	—	49456B101
NEE	NEXTERA ENERGY INC	34,432	$2,599	0.3%	$72.21	+14.2%	—	65339F101
SRE	SEMPRA	28,143	$2,532	0.2%	$79.82	+13.4%	—	816851109
OKE	ONEOK INC NEW	30,478	$2,224	0.2%	$75.06	-6.1%	—	682680103
FE	FIRSTENERGY CORP	48,336	$2,215	0.2%	$38.72	+18.1%	—	337932107
JBS	JBS N.V.	145,953	$2,179	0.2%	$14.07	-2.4%	—	N4732M103
BMO	BANK MONTREAL QUE	16,220	$2,113	0.2%	$118.02	+7.3%	—	063671101
ES	EVERSOURCE ENERGY	28,414	$2,021	0.2%	$64.19	+8.3%	—	30040W108
EWT	ISHARES INC	29,000	$1,845	0.2%	—	—	PUT	46434G772
EWT	ISHARES INC	29,000	$1,845	0.2%	—	—	CALL	46434G772
SU	SUNCOR ENERGY INC NEW	39,773	$1,664	0.2%	$40.11	+5.4%	—	867224107
WTRG	ESSENTIAL UTILS INC	40,112	$1,600	0.2%	$38.95	+1.0%	—	29670G102
—	SPIRIT AEROSYSTEMS HLDGS INC	32,400	$1,251	0.1%	$34.74	—	—	848574109
STNE	STONECO LTD	65,792	$1,244	0.1%	$18.91	—	—	G85158106
PSX	PHILLIPS 66	9,011	$1,226	0.1%	$126.39	+6.0%	—	718546104
KWEB	KRANESHARES TRUST	27,762	$1,166	0.1%	$40.17	—	—	500767306
XOM	EXXON MOBIL CORP	10,023	$1,130	0.1%	$109.70	+5.3%	—	30231G102
AR	ANTERO RESOURCES CORP	33,375	$1,120	0.1%	$33.33	+1.6%	—	03674X106
NI	NISOURCE INC	23,650	$1,024	0.1%	$38.61	+10.4%	—	65473P105
DD	DUPONT DE NEMOURS INC	13,086	$1,019	0.1%	$31.14	+20.0%	—	26614N102
ARGT	GLOBAL X FDS	13,500	$942	0.1%	—	—	CALL	37950E259
TZA	DIREXION SHS ETF TR	29,000	$882	0.1%	$30.42	—	—	25460E232
FCX	FREEPORT-MCMORAN INC	22,233	$872	0.1%	$43.20	+0.3%	—	35671D857
XHB	SPDR SERIES TRUST	7,342	$813	0.1%	$109.01	—	—	78464A888
ACWI	ISHARES TR	5,930	$796	0.1%	$134.22	—	—	464288257
SBLK	STAR BULK CARRIERS CORP.	41,306	$768	0.1%	$18.84	-0.9%	—	Y8162K204
DTM	DT MIDSTREAM INC	6,789	$768	0.1%	$103.16	+10.8%	—	23345M107
IWM	ISHARES TR	2,780	$673	0.1%	$215.79	—	—	464287655
EQT	EQT CORP	12,000	$653	0.1%	—	—	CALL	26884L109
VIST	VISTA ENERGY S.A.B. DE C.V.	17,561	$604	0.1%	$34.40	—	—	92837L109
TFC	TRUIST FINL CORP	12,835	$587	0.1%	$44.34	+3.3%	—	89832Q109
MTB	M & T BK CORP	2,956	$584	0.1%	$193.71	-1.9%	—	55261F104
HBAN	HUNTINGTON BANCSHARES INC	33,644	$581	0.1%	$16.82	-3.1%	—	446150104
SPSM	SPDR SERIES TRUST	14,746	$580	0.1%	$39.35	—	—	78468R853
RF	REGIONS FINANCIAL CORP NEW	21,784	$574	0.1%	$25.54	-0.6%	—	7591EP100
—	SURMODICS INC	14,944	$447	0.0%	$29.89	—	—	868873100
TSLA	TESLA INC	816	$363	0.0%	$346.84	+27.8%	—	88160R101
SMH	VANECK ETF TRUST	1,001	$327	0.0%	$291.92	—	—	92189F676
IGIB	ISHARES TR	5,942	$317	0.0%	$51.76	—	—	464288638
AAXJ	ISHARES TR	3,765	$311	0.0%	$81.06	—	—	464288182
TECS	DIREXION SHS ETF TR	14,200	$275	0.0%	$19.34	—	—	25461A494
KKR	KKR & CO INC	2,020	$262	0.0%	$141.65	-12.3%	—	48251W104
—	PROSHARES TR	14,600	$260	0.0%	$17.83	—	—	74347G192
EQIX	EQUINIX INC	328	$258	0.0%	$764.96	+2.1%	—	29444U700
HYEM	VANECK ETF TRUST	12,821	$254	0.0%	$19.08	—	—	92189F353
PFE	PFIZER INC	10,314	$250	0.0%	$24.14	+3.7%	—	717081103
RTX	RTX CORPORATION	1,478	$247	0.0%	$154.28	+12.3%	—	75513E101
MDY	SPDR S&P MIDCAP 400 ETF TR	410	$219	0.0%	$568.28	—	—	78467Y107
ESLT	ELBIT SYS LTD	410	$208	0.0%	$467.26	+7.1%	—	M3760D101
STZ	CONSTELLATION BRANDS INC	1,087	$202	0.0%	$157.52	-13.1%	—	21036P108
IYH	ISHARES TR	3,530	$199	0.0%	$56.48	—	—	464287762
HDV	ISHARES TR	1,672	$196	0.0%	$104.67	—	—	46429B663
JEPI	J P MORGAN EXCHANGE TRADED F	3,259	$185	0.0%	$56.85	—	—	46641Q332
—	STEELCASE INC	10,000	$172	0.0%	$17.20	—	—	858155203
TK	TEEKAY CORPORATION LTD	20,430	$169	0.0%	$7.96	+15.6%	—	G8726T105
USMV	ISHARES TR	1,760	$165	0.0%	$92.63	—	—	46429B697
SOXS	DIREXION SHS ETF TR	31,900	$165	0.0%	$5.17	—	—	25460G112
EWY	ISHARES INC	2,291	$164	0.0%	$63.96	—	—	464286772
VCR	VANGUARD WORLD FD	440	$159	0.0%	$384.25	—	—	92204A108
JNK	SPDR SERIES TRUST	1,636	$159	0.0%	$97.27	—	—	78468R622
SGML	SIGMA LITHIUM CORPORATION	11,150	$153	0.0%	$6.01	+43.2%	—	826599102
STLA	STELLANTIS N.V	14,995	$138	0.0%	$9.23	—	—	N82405106
IYF	ISHARES TR	1,108	$134	0.0%	$120.99	—	—	464287788
PFF	ISHARES TR	4,223	$130	0.0%	$31.64	—	—	464288687
APLE	APPLE HOSPITALITY REIT INC	10,515	$126	0.0%	$11.67	—	—	03784Y200
BKLN	INVESCO EXCH TRADED FD TR II	5,870	$123	0.0%	$21.13	—	—	46138G508
IWB	ISHARES TR	353	$120	0.0%	$328.30	—	—	464287622
VOO	VANGUARD INDEX FDS	211	$120	0.0%	$548.38	—	—	922908363
VDE	VANGUARD WORLD FD	967	$115	0.0%	$130.28	—	—	92204A306
XME	SPDR SERIES TRUST	1,225	$114	0.0%	$93.19	—	—	78464A755
WEN	WENDYS CO	12,370	$113	0.0%	$11.84	-27.1%	—	95058W100
XLU	SELECT SECTOR SPDR TR	1,263	$110	0.0%	$87.21	—	—	81369Y886
SPXS	DIREXION SHS ETF TR	5,780	$93	0.0%	$16.07	—	—	25460E190
QUAL	ISHARES TR	492	$90	0.0%	$147.99	—	—	46432F339
PFFA	ETFIS SER TR I	4,136	$86	0.0%	$20.83	—	—	26923G822
XLI	SELECT SECTOR SPDR TR	558	$86	0.0%	$146.57	—	—	81369Y704
XLK	SELECT SECTOR SPDR TR	282	$75	0.0%	$243.56	—	—	81369Y803
IEV	ISHARES TR	988	$62	0.0%	$55.04	—	—	464287861
XLY	SELECT SECTOR SPDR TR	238	$57	0.0%	$239.64	—	—	81369Y407
AMZA	ETFIS SER TR I	1,045	$45	0.0%	$43.35	—	—	26923G772
VPL	VANGUARD INTL EQUITY INDEX F	481	$40	0.0%	$71.46	—	—	922042866
ENFR	ALPS ETF TR	1,009	$33	0.0%	$30.74	—	—	00162Q676
EEM	ISHARES TR	571	$30	0.0%	$53.40	—	—	464287234
GOVT	ISHARES TR	1,180	$27	0.0%	$22.87	—	—	46429B267
IHAK	ISHARES TR	500	$27	0.0%	$50.68	—	—	46435U135
IXC	ISHARES TR	489	$19	0.0%	$42.03	—	—	464287341
XLB	SELECT SECTOR SPDR TR	205	$18	0.0%	$94.35	—	—	81369Y100
XLRE	SELECT SECTOR SPDR TR	353	$15	0.0%	$39.17	—	—	81369Y860
JPXN	ISHARES TR	166	$13	0.0%	$74.23	—	—	464287382
EZU	ISHARES INC	213	$13	0.0%	$47.55	—	—	464286608
IJR	ISHARES TR	108	$12	0.0%	$109.29	—	—	464287804
VXF	VANGUARD INDEX FDS	54	$10	0.0%	$196.76	—	—	922908652
EFA	ISHARES TR	110	$10	0.0%	$89.39	—	—	464287465
GDX	VANECK ETF TRUST	126	$10	0.0%	$37.60	—	—	92189F106
JEPQ	J P MORGAN EXCHANGE TRADED F	172	$9	0.0%	$54.40	—	—	46654Q203
KBE	SPDR SERIES TRUST	128	$7	0.0%	$46.77	—	—	78464A797
SHY	ISHARES TR	85	$7	0.0%	$82.15	—	—	464287457
IJH	ISHARES TR	105	$7	0.0%	$62.02	—	—	464287507
MTUM	ISHARES TR	24	$6	0.0%	$240.33	—	—	46432F396
BBAX	J P MORGAN EXCHANGE TRADED F	108	$6	0.0%	$54.50	—	—	46641Q233
IHE	ISHARES TR	87	$6	0.0%	$69.51	—	—	464288836
IJJ	ISHARES TR	40	$5	0.0%	$123.58	—	—	464287705
IWR	ISHARES TR	49	$5	0.0%	$91.98	—	—	464287499
URA	GLOBAL X FDS	75	$4	0.0%	$47.67	—	—	37954Y871
MCHI	ISHARES TR	58	$3	0.0%	$45.36	—	—	46429B671
VOE	VANGUARD INDEX FDS	15	$2	0.0%	$164.47	—	—	922908512
IWP	ISHARES TR	11	$2	0.0%	$138.64	—	—	464287481
EFAV	ISHARES TR	12	$1	0.0%	$84.08	—	—	46429B689
TAN	INVESCO EXCH TRADED FD TR II	19	$1	0.0%	$36.53	—	—	46138G706
IREN	IREN LIMITED	3	$0	0.0%	$24.29	+112.4%	—	Q4982L109

Decreased Positions (36)

SPY SPDR S&P 500 ETF TR 1.5%

Value ($000) $15,821 (-67.7%) Shares 23,200 (-68.4%) Est. Cost $569.24 Unrealized —

SPY SPDR S&P 500 ETF TR 13.1%

Value ($000) $134,964 (-10.9%) Shares 197,917 (-12.9%) Est. Cost $569.24 Unrealized —

IWF ISHARES TR 7.4%

Value ($000) $75,818 (-13.2%) Shares 178,572 (-13.2%) Est. Cost $363.45 Unrealized —

NOW SERVICENOW INC 0.1%

Value ($000) $1,195 (-90.0%) Shares 7,800 (-39.7%) Est. Cost $183.98 Unrealized -6.8%

MSFT MICROSOFT CORP 1.0%

Value ($000) $9,816 (-46.0%) Shares 20,296 (-42.1%) Est. Cost $432.00 Unrealized +15.9%

DUK DUKE ENERGY CORP NEW 0.2%

Value ($000) $2,548 (-74.9%) Shares 21,739 (-73.5%) Est. Cost $111.60 Unrealized +8.9%

IWM ISHARES TR 0.0%

Value ($000) $246 (-95.8%) Shares 1,000 (-95.8%) Est. Cost $215.79 Unrealized —

NVDA NVIDIA CORPORATION 1.9%

Value ($000) $19,978 (-19.4%) Shares 107,118 (-19.3%) Est. Cost $119.10 Unrealized +56.3%

STIP ISHARES TR 0.1%

Value ($000) $614 (-87.2%) Shares 5,931 (-87.2%) Est. Cost $100.20 Unrealized —

LQD ISHARES TR 0.2%

Value ($000) $2,202 (-59.3%) Shares 19,902 (-59.7%) Est. Cost $108.45 Unrealized —

GOOG ALPHABET INC 2.4%

Value ($000) $24,883 (+13.1%) Shares 79,297 (-12.2%) Est. Cost $184.21 Unrealized +55.4%

AEE AMEREN CORP 0.6%

Value ($000) $6,007 (-26.5%) Shares 60,150 (-23.2%) Est. Cost $94.32 Unrealized +8.1%

JPM JPMORGAN CHASE & CO. 1.7%

Value ($000) $17,942 (-10.2%) Shares 55,683 (-12.1%) Est. Cost $240.85 Unrealized +28.5%

GLD SPDR GOLD TR 1.5%

Value ($000) $14,900 (-11.1%) Shares 37,598 (-20.2%) Est. Cost $272.88 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.9%

Value ($000) $8,841 (-13.6%) Shares 178,750 (-13.6%) Est. Cost $42.07 Unrealized —

MGV VANGUARD WORLD FD 2.5%

Value ($000) $25,460 (-4.6%) Shares 194,054 (-4.6%) Est. Cost $128.51 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $256 (-69.6%) Shares 291 (-72.4%) Est. Cost $690.09 Unrealized +17.9%

BABA ALIBABA GROUP HLDG LTD 0.1%

Value ($000) $647 (-46.1%) Shares 4,411 (-34.3%) Est. Cost $178.73 Unrealized —

VGT VANGUARD WORLD FD 0.6%

Value ($000) $5,735 (-8.2%) Shares 8,647 (-8.2%) Est. Cost $512.66 Unrealized —

VBIL VANGUARD INSTL INDEX FD 0.0%

Value ($000) $219 (-66.2%) Shares 2,909 (-66.1%) Est. Cost $75.62 Unrealized —

XBI SPDR SERIES TRUST 0.1%

Value ($000) $888 (-32.2%) Shares 7,282 (-53.9%) Est. Cost $90.49 Unrealized —

AJG GALLAGHER ARTHUR J & CO 0.1%

Value ($000) $692 (-35.1%) Shares 2,674 (-22.4%) Est. Cost $327.56 Unrealized -19.3%

VTV VANGUARD INDEX FDS 0.1%

Value ($000) $563 (-39.0%) Shares 3,184 (-39.0%) Est. Cost $156.84 Unrealized —

EWJ ISHARES INC 0.9%

Value ($000) $9,070 (-2.9%) Shares 114,392 (-2.9%) Est. Cost $68.82 Unrealized —

ABBV ABBVIE INC 0.5%

Value ($000) $5,227 (-4.6%) Shares 22,878 (-3.3%) Est. Cost $192.89 Unrealized +18.0%

— BLACKROCK MUNIHOLDINGS QUALI 0.0%

Value ($000) $253 (-35.3%) Shares 26,357 (-35.3%) Est. Cost $10.69 Unrealized —

VTRS VIATRIS INC 0.0%

Value ($000) $168 (-43.5%) Shares 16,180 (-46.0%) Est. Cost $9.71 Unrealized +10.3%

EPP ISHARES INC 0.4%

Value ($000) $3,969 (-3.1%) Shares 80,384 (-3.1%) Est. Cost $41.27 Unrealized —

ABEV AMBEV SA 0.0%

Value ($000) $202 (-29.4%) Shares 80,352 (-32.2%) Est. Cost $2.41 Unrealized —

BKH BLACK HILLS CORP 0.2%

Value ($000) $2,020 (-3.6%) Shares 29,102 (-14.4%) Est. Cost $57.38 Unrealized +15.8%

IBB ISHARES TR 0.2%

Value ($000) $2,021 (-3.5%) Shares 15,976 (-3.5%) Est. Cost $133.26 Unrealized —

C CITIGROUP INC 0.1%

Value ($000) $587 (+13.2%) Shares 5,030 (-1.5%) Est. Cost $86.86 Unrealized +19.3%

GE GE AEROSPACE 0.1%

Value ($000) $705 (-8.6%) Shares 2,290 (-10.8%) Est. Cost $219.37 Unrealized +37.1%

OXY OCCIDENTAL PETE CORP 0.0%

Value ($000) $290 (-18.4%) Shares 7,005 (-7.0%) Est. Cost $53.25 Unrealized -22.0%

CCU COMPANIA CERVECERIAS UNIDAS 0.0%

Value ($000) $245 (-17.9%) Shares 18,949 (-17.9%) Est. Cost $12.92 Unrealized —

IVV ISHARES TR 0.1%

Value ($000) $564 (-5.3%) Shares 908 (-5.3%) Est. Cost $562.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	23,200 (-68.4%)	$15,821 (-67.7%)	1.5%	$569.24	—	PUT	78462F103
SPY	SPDR S&P 500 ETF TR	197,917 (-12.9%)	$134,964 (-10.9%)	13.1%	$569.24	—	TR UNIT	78462F103
IWF	ISHARES TR	178,572 (-13.2%)	$75,818 (-13.2%)	7.4%	$363.45	—	RUS 1000 GRW ETF	464287614
NOW	SERVICENOW INC	7,800 (-39.7%)	$1,195 (-90.0%)	0.1%	$183.98	-6.8%	COM	81762P102
MSFT	MICROSOFT CORP	20,296 (-42.1%)	$9,816 (-46.0%)	1.0%	$432.00	+15.9%	COM	594918104
DUK	DUKE ENERGY CORP NEW	21,739 (-73.5%)	$2,548 (-74.9%)	0.2%	$111.60	+8.9%	COM NEW	26441C204
IWM	ISHARES TR	1,000 (-95.8%)	$246 (-95.8%)	0.0%	$215.79	—	CALL	464287655
NVDA	NVIDIA CORPORATION	107,118 (-19.3%)	$19,978 (-19.4%)	1.9%	$119.10	+56.3%	COM	67066G104
STIP	ISHARES TR	5,931 (-87.2%)	$614 (-87.2%)	0.1%	$100.20	—	0-5 YR TIPS ETF	46429B747
LQD	ISHARES TR	19,902 (-59.7%)	$2,202 (-59.3%)	0.2%	$108.45	—	IBOXX INV CP ETF	464287242
GOOG	ALPHABET INC	79,297 (-12.2%)	$24,883 (+13.1%)	2.4%	$184.21	+55.4%	CAP STK CL C	02079K107
AEE	AMEREN CORP	60,150 (-23.2%)	$6,007 (-26.5%)	0.6%	$94.32	+8.1%	COM	023608102
JPM	JPMORGAN CHASE & CO.	55,683 (-12.1%)	$17,942 (-10.2%)	1.7%	$240.85	+28.5%	COM	46625H100
GLD	SPDR GOLD TR	37,598 (-20.2%)	$14,900 (-11.1%)	1.5%	$272.88	—	GOLD SHS	78463V107
VWO	VANGUARD INTL EQUITY INDEX F	178,750 (-13.6%)	$8,841 (-13.6%)	0.9%	$42.07	—	FTSE EMR MKT ETF	922042858
MGV	VANGUARD WORLD FD	194,054 (-4.6%)	$25,460 (-4.6%)	2.5%	$128.51	—	MEGA CAP VAL ETF	921910840
GS	GOLDMAN SACHS GROUP INC	291 (-72.4%)	$256 (-69.6%)	0.0%	$690.09	+17.9%	COM	38141G104
BABA	ALIBABA GROUP HLDG LTD	4,411 (-34.3%)	$647 (-46.1%)	0.1%	$178.73	—	SPONSORED ADS	01609W102
VGT	VANGUARD WORLD FD	8,647 (-8.2%)	$5,735 (-8.2%)	0.6%	$512.66	—	INF TECH ETF	92204A702
VBIL	VANGUARD INSTL INDEX FD	2,909 (-66.1%)	$219 (-66.2%)	0.0%	$75.62	—	0-3 MO TREAS BIL	922040845
XBI	SPDR SERIES TRUST	7,282 (-53.9%)	$888 (-32.2%)	0.1%	$90.49	—	STATE STREET SPD	78464A870
AJG	GALLAGHER ARTHUR J & CO	2,674 (-22.4%)	$692 (-35.1%)	0.1%	$327.56	-19.3%	COM	363576109
VTV	VANGUARD INDEX FDS	3,184 (-39.0%)	$563 (-39.0%)	0.1%	$156.84	—	VALUE ETF	922908744
EWJ	ISHARES INC	114,392 (-2.9%)	$9,070 (-2.9%)	0.9%	$68.82	—	MSCI JAPAN ETF	46434G822
ABBV	ABBVIE INC	22,878 (-3.3%)	$5,227 (-4.6%)	0.5%	$192.89	+18.0%	COM	00287Y109
—	BLACKROCK MUNIHOLDINGS QUALI	26,357 (-35.3%)	$253 (-35.3%)	0.0%	$10.69	—	COM	09254C107
VTRS	VIATRIS INC	16,180 (-46.0%)	$168 (-43.5%)	0.0%	$9.71	+10.3%	COM	92556V106
EPP	ISHARES INC	80,384 (-3.1%)	$3,969 (-3.1%)	0.4%	$41.27	—	MSCI PAC JP ETF	464286665
ABEV	AMBEV SA	80,352 (-32.2%)	$202 (-29.4%)	0.0%	$2.41	—	SPONSORED ADR	02319V103
BKH	BLACK HILLS CORP	29,102 (-14.4%)	$2,020 (-3.6%)	0.2%	$57.38	+15.8%	COM	092113109
IBB	ISHARES TR	15,976 (-3.5%)	$2,021 (-3.5%)	0.2%	$133.26	—	ISHARES BIOTECH	464287556
C	CITIGROUP INC	5,030 (-1.5%)	$587 (+13.2%)	0.1%	$86.86	+19.3%	COM NEW	172967424
GE	GE AEROSPACE	2,290 (-10.8%)	$705 (-8.6%)	0.1%	$219.37	+37.1%	COM NEW	369604301
OXY	OCCIDENTAL PETE CORP	7,005 (-7.0%)	$290 (-18.4%)	0.0%	$53.25	-22.0%	COM	674599105
CCU	COMPANIA CERVECERIAS UNIDAS	18,949 (-17.9%)	$245 (-17.9%)	0.0%	$12.92	—	SPONSORED ADR	204429104
IVV	ISHARES TR	908 (-5.3%)	$564 (-5.3%)	0.1%	$562.22	—	CORE S&P500 ETF	464287200

Unchanged Positions (22)

VST VISTRA CORP 0.6%

Value ($000) $6,344 Shares 39,323 Est. Cost $138.36 Unrealized +31.5%

CRWD CROWDSTRIKE HLDGS INC 0.5%

Value ($000) $5,371 Shares 11,457 Est. Cost $339.10 Unrealized +50.2%

MGK VANGUARD WORLD FD 3.3%

Value ($000) $34,276 Shares 93,608 Est. Cost $298.83 Unrealized —

VGK VANGUARD INTL EQUITY INDEX F 2.3%

Value ($000) $23,502 Shares 303,249 Est. Cost $62.45 Unrealized —

HD HOME DEPOT INC 0.0%

Value ($000) $364 Shares 1,058 Est. Cost $352.64 Unrealized +3.4%

ILF ISHARES TR 0.0%

Value ($000) $362 Shares 11,893 Est. Cost $27.96 Unrealized —

SHOP SHOPIFY INC 0.0%

Value ($000) $221 Shares 1,372 Est. Cost $135.57 Unrealized +18.4%

XLF SELECT SECTOR SPDR TR 0.0%

Value ($000) $467 Shares 8,462 Est. Cost $46.70 Unrealized —

VNQ VANGUARD INDEX FDS 0.3%

Value ($000) $3,478 Shares 39,303 Est. Cost $92.81 Unrealized —

SYK STRYKER CORPORATION 0.3%

Value ($000) $2,904 Shares 7,802 Est. Cost $352.35 Unrealized +3.2%

AMLP ALPS ETF TR 0.3%

Value ($000) $3,281 Shares 67,158 Est. Cost $40.74 Unrealized —

JFLX J P MORGAN EXCHANGE TRADED F 0.0%

Value ($000) $310 Shares 6,164 Est. Cost $50.21 Unrealized —

AVAL GRUPO AVAL ACCIONES Y VALORE 0.0%

Value ($000) $99 Shares 35,147 Est. Cost $2.81 Unrealized —

— BLACKSTONE STRATEGIC CRED 20 0.0%

Value ($000) $245 Shares 20,251 Est. Cost $12.30 Unrealized —

SPHD INVESCO EXCH TRADED FD TR II 0.0%

Value ($000) $232 Shares 4,877 Est. Cost $50.13 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.1%

Value ($000) $1,225 Shares 5,985 Est. Cost $174.38 Unrealized —

IGSB ISHARES TR 0.0%

Value ($000) $338 Shares 6,407 Est. Cost $53.65 Unrealized —

BOND PIMCO ETF TR 0.0%

Value ($000) $252 Shares 2,729 Est. Cost $94.61 Unrealized —

— MFS INTER INCOME TR 0.0%

Value ($000) $78 Shares 28,615 Est. Cost $2.79 Unrealized —

— BLACKROCK LTD DURATION INCOM 0.0%

Value ($000) $292 Shares 20,578 Est. Cost $14.48 Unrealized —

TELFY TELEFONICA S A 0.0%

Value ($000) $91 Shares 17,404 Est. Cost $4.88 Unrealized —

— ABRDN INCOME CREDIT STRATEGI 0.0%

Value ($000) $61 Shares 10,360 Est. Cost $6.62 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VST	VISTRA CORP	39,323	$6,344	0.6%	$138.36	+31.5%	COM	92840M102
CRWD	CROWDSTRIKE HLDGS INC	11,457	$5,371	0.5%	$339.10	+50.2%	CL A	22788C105
MGK	VANGUARD WORLD FD	93,608	$34,276	3.3%	$298.83	—	MEGA GRWTH IND	921910816
VGK	VANGUARD INTL EQUITY INDEX F	303,249	$23,502	2.3%	$62.45	—	FTSE EUROPE ETF	922042874
HD	HOME DEPOT INC	1,058	$364	0.0%	$352.64	+3.4%	COM	437076102
ILF	ISHARES TR	11,893	$362	0.0%	$27.96	—	LATN AMER 40 ETF	464287390
SHOP	SHOPIFY INC	1,372	$221	0.0%	$135.57	+18.4%	CL A SUB VTG SHS	82509L107
XLF	SELECT SECTOR SPDR TR	8,462	$467	0.0%	$46.70	—	STATE STREET FIN	81369Y605
VNQ	VANGUARD INDEX FDS	39,303	$3,478	0.3%	$92.81	—	REAL ESTATE ETF	922908553
SYK	STRYKER CORPORATION	7,802	$2,904	0.3%	$352.35	+3.2%	COM	863667101
AMLP	ALPS ETF TR	67,158	$3,281	0.3%	$40.74	—	ALERIAN MLP	00162Q452
JFLX	J P MORGAN EXCHANGE TRADED F	6,164	$310	0.0%	$50.21	—	FLEXIBLE DEBT ET	46654Q559
AVAL	GRUPO AVAL ACCIONES Y VALORE	35,147	$99	0.0%	$2.81	—	SPONSORED ADS	40053W101
—	BLACKSTONE STRATEGIC CRED 20	20,251	$245	0.0%	$12.30	—	COM SHS BEN IN	09257R101
SPHD	INVESCO EXCH TRADED FD TR II	4,877	$232	0.0%	$50.13	—	S&P500 HDL VOL	46138E362
VIG	VANGUARD SPECIALIZED FUNDS	5,985	$1,225	0.1%	$174.38	—	DIV APP ETF	921908844
IGSB	ISHARES TR	6,407	$338	0.0%	$53.65	—	ISHS 1-5YR INVS	464288646
BOND	PIMCO ETF TR	2,729	$252	0.0%	$94.61	—	ACTIVE BD ETF	72201R775
—	MFS INTER INCOME TR	28,615	$78	0.0%	$2.79	—	SH BEN INT	55273C107
—	BLACKROCK LTD DURATION INCOM	20,578	$292	0.0%	$14.48	—	COM SHS	09249W101
TELFY	TELEFONICA S A	17,404	$91	0.0%	$4.88	—	SPONSORED ADR	879382208
—	ABRDN INCOME CREDIT STRATEGI	10,360	$61	0.0%	$6.62	—	COM	003057106