Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CB	CHUBB LTD SWITZ	24,488	$7.981M	2.6%	$316.22	0.0%	COM	H1467J104
RY	ROYAL BK CDA	32,416	$5.244M	1.7%	$169.94	0.0%	COM	780087102
EWY	ISHARES INC	36,063	$4.436M	1.4%	$123.01	—	MSCI STH KOR ETF	464286772
AIA	ISHARES TR	39,277	$4.169M	1.4%	$106.15	—	ASIA 50 ETF	464288430
CAT	CATERPILLAR INC	2,572	$1.822M	0.6%	$684.39	0.0%	COM	149123101
DG	DOLLAR GEN CORP	9,171	$1.089M	0.4%	$147.69	0.0%	COM	256677105
HCA	HCA HEALTHCARE INC	1,732	$820K	0.3%	$498.00	0.0%	COM	40412C101
CEG	CONSTELLATION ENERGY CORP	1,702	$475K	0.2%	$301.15	0.0%	COM	21037T109
EXPE	EXPEDIA GROUP INC	1,017	$235K	0.1%	$253.44	0.0%	COM NEW	30212P303
ARM	ARM HOLDINGS PLC	1,323	$200K	0.1%	$151.28	—	SPONSORED ADS	042068205

Increased Positions (9)

KLAC KLA CORP 1.5%

Value $4.632M (+527.0%) Shares 3,146 (+417.4%) Est. Cost $1405.96 Unrealized +4.0%

AAPL APPLE INC 3.5%

Value $10.78M (+25.2%) Shares 42,464 (+34.1%) Est. Cost $152.45 Unrealized +72.4%

AMZN AMAZON COM INC 6.6%

Value $20.3M (+5.2%) Shares 97,466 (+16.6%) Est. Cost $140.92 Unrealized +61.0%

ETR ENTERGY CORP NEW 0.5%

Value $1.467M (+27.2%) Shares 13,058 (+4.6%) Est. Cost $87.79 Unrealized +10.9%

GILD GILEAD SCIENCES INC 0.5%

Value $1.459M (+17.6%) Shares 10,468 (+3.6%) Est. Cost $113.43 Unrealized +22.0%

CLS CELESTICA INC 1.7%

Value $5.085M (-2.9%) Shares 18,052 (+1.9%) Est. Cost $55.20 Unrealized +445.2%

KO COCA COLA CO 0.4%

Value $1.129M (+13.5%) Shares 14,841 (+4.4%) Est. Cost $68.21 Unrealized +9.6%

MMM 3M CO 0.3%

Value $943K (-8.3%) Shares 6,492 (+1.1%) Est. Cost $153.47 Unrealized +6.8%

NRG NRG ENERGY INC 0.2%

Value $534K (-2.3%) Shares 3,652 (+6.4%) Est. Cost $155.78 Unrealized +1.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
KLAC	KLA CORP	3,146 (+417.4%)	$4.632M (+527.0%)	1.5%	$1405.96	+4.0%	COM NEW	482480100
AAPL	APPLE INC	42,464 (+34.1%)	$10.78M (+25.2%)	3.5%	$152.45	+72.4%	COM	037833100
AMZN	AMAZON COM INC	97,466 (+16.6%)	$20.3M (+5.2%)	6.6%	$140.92	+61.0%	COM	023135106
ETR	ENTERGY CORP NEW	13,058 (+4.6%)	$1.467M (+27.2%)	0.5%	$87.79	+10.9%	COM	29364G103
GILD	GILEAD SCIENCES INC	10,468 (+3.6%)	$1.459M (+17.6%)	0.5%	$113.43	+22.0%	COM	375558103
CLS	CELESTICA INC	18,052 (+1.9%)	$5.085M (-2.9%)	1.7%	$55.20	+445.2%	COM	15101Q207
KO	COCA COLA CO	14,841 (+4.4%)	$1.129M (+13.5%)	0.4%	$68.21	+9.6%	COM	191216100
MMM	3M CO	6,492 (+1.1%)	$943K (-8.3%)	0.3%	$153.47	+6.8%	COM	88579Y101
NRG	NRG ENERGY INC	3,652 (+6.4%)	$534K (-2.3%)	0.2%	$155.78	+1.7%	COM NEW	629377508

Exited Positions (14)

SAP SAP SE 1.9%

Value $5.799M Shares 23,874 Est. Cost $267.21 Unrealized —

MA MASTERCARD INCORPORATED 1.4%

Value $4.43M Shares 7,761 Est. Cost $379.74 Unrealized +42.0%

GE GE AEROSPACE 1.3%

Value $3.867M Shares 12,553 Est. Cost $300.80 Unrealized +5.8%

AXP AMERICAN EXPRESS CO 1.0%

Value $3.008M Shares 8,130 Est. Cost $316.55 Unrealized +12.5%

SPOT SPOTIFY TECHNOLOGY S A 0.9%

Value $2.637M Shares 4,541 Est. Cost $699.24 Unrealized -28.9%

ORCL ORACLE CORP 0.7%

Value $2.198M Shares 11,279 Est. Cost $254.17 Unrealized -33.3%

NWG NATWEST GROUP PLC 0.5%

Value $1.429M Shares 81,673 Est. Cost $14.23 Unrealized —

JPM JPMORGAN CHASE & CO. 0.4%

Value $1.342M Shares 4,166 Est. Cost $288.20 Unrealized +8.1%

DUK DUKE ENERGY CORP NEW 0.1%

Value $424K Shares 3,615 Est. Cost $121.57 Unrealized -0.6%

CRM SALESFORCE INC 0.1%

Value $238K Shares 900 Est. Cost $195.71 Unrealized +10.2%

GPIX GOLDMAN SACHS ETF TR 0.1%

Value $226K Shares 4,273 Est. Cost $52.80 Unrealized —

GPIQ GOLDMAN SACHS ETF TR 0.1%

Value $224K Shares 4,236 Est. Cost $52.87 Unrealized —

INSM INSMED INC 0.1%

Value $209K Shares 1,200 Est. Cost $182.48 Unrealized -12.9%

XOM EXXON MOBIL CORP 0.1%

Value $201K Shares 1,667 Est. Cost $115.49 Unrealized +20.1%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SAP	SAP SE	23,874	$5.799M	1.9%	$267.21	—	—	803054204
MA	MASTERCARD INCORPORATED	7,761	$4.43M	1.4%	$379.74	+42.0%	—	57636Q104
GE	GE AEROSPACE	12,553	$3.867M	1.3%	$300.80	+5.8%	—	369604301
AXP	AMERICAN EXPRESS CO	8,130	$3.008M	1.0%	$316.55	+12.5%	—	025816109
SPOT	SPOTIFY TECHNOLOGY S A	4,541	$2.637M	0.9%	$699.24	-28.9%	—	L8681T102
ORCL	ORACLE CORP	11,279	$2.198M	0.7%	$254.17	-33.3%	—	68389X105
NWG	NATWEST GROUP PLC	81,673	$1.429M	0.5%	$14.23	—	—	639057207
JPM	JPMORGAN CHASE & CO.	4,166	$1.342M	0.4%	$288.20	+8.1%	—	46625H100
DUK	DUKE ENERGY CORP NEW	3,615	$424K	0.1%	$121.57	-0.6%	—	26441C204
CRM	SALESFORCE INC	900	$238K	0.1%	$195.71	+10.2%	—	79466L302
GPIX	GOLDMAN SACHS ETF TR	4,273	$226K	0.1%	$52.80	—	—	38149W622
GPIQ	GOLDMAN SACHS ETF TR	4,236	$224K	0.1%	$52.87	—	—	38149W630
INSM	INSMED INC	1,200	$209K	0.1%	$182.48	-12.9%	—	457669307
XOM	EXXON MOBIL CORP	1,667	$201K	0.1%	$115.49	+20.1%	—	30231G102

Decreased Positions (27)

MSFT MICROSOFT CORP 28.4%

Value $87.46M (-26.7%) Shares 236,280 (-4.2%) Est. Cost $188.08 Unrealized +131.1%

ISRG INTUITIVE SURGICAL INC 0.1%

Value $275K (-97.0%) Shares 596 (-96.3%) Est. Cost $396.88 Unrealized +31.3%

META META PLATFORMS INC 4.0%

Value $12.33M (-31.4%) Shares 21,547 (-20.9%) Est. Cost $542.92 Unrealized +20.7%

NVDA NVIDIA CORPORATION 11.5%

Value $35.41M (-12.9%) Shares 203,019 (-6.8%) Est. Cost $100.60 Unrealized +85.5%

GOOGL ALPHABET INC 8.6%

Value $26.46M (-11.1%) Shares 92,010 (-3.2%) Est. Cost $133.83 Unrealized +141.6%

PLTR PALANTIR TECHNOLOGIES INC 3.1%

Value $9.646M (-24.4%) Shares 65,939 (-8.1%) Est. Cost $110.75 Unrealized +39.2%

NFLX NETFLIX INC. 0.1%

Value $229K (-91.8%) Shares 2,380 (-92.0%) Est. Cost $107.73 Unrealized -22.2%

AVGO BROADCOM INC 3.5%

Value $10.86M (-15.7%) Shares 35,090 (-5.8%) Est. Cost $290.69 Unrealized +15.0%

AMD ADVANCED MICRO DEVICES INC 0.8%

Value $2.544M (-38.2%) Shares 12,506 (-35.0%) Est. Cost $137.05 Unrealized +61.8%

GOOG ALPHABET INC 1.1%

Value $3.517M (-27.4%) Shares 12,259 (-20.6%) Est. Cost $125.49 Unrealized +157.9%

AEM AGNICO EAGLE MINES LTD 1.7%

Value $5.365M (+16.5%) Shares 26,433 (-2.7%) Est. Cost $136.83 Unrealized +50.6%

HOOD ROBINHOOD MKTS INC 0.2%

Value $552K (-39.5%) Shares 7,969 (-1.3%) Est. Cost $109.05 Unrealized -12.2%

XLK SELECT SECTOR SPDR TR 1.0%

Value $3.219M (-9.9%) Shares 24,220 (-2.4%) Est. Cost $212.92 Unrealized —

HWM HOWMET AEROSPACE INC 2.3%

Value $7.022M (+4.6%) Shares 30,468 (-7.0%) Est. Cost $199.00 Unrealized +13.8%

SPY STATE STR SPDR S&P 500 ETF T 0.4%

Value $1.289M (-17.2%) Shares 1,982 (-13.2%) Est. Cost $533.65 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.2%

Value $753K (-24.8%) Shares 756 (-34.9%) Est. Cost $755.50 Unrealized +27.6%

QQQ INVESCO QQQ TR 0.3%

Value $869K (-16.0%) Shares 1,506 (-10.6%) Est. Cost $419.37 Unrealized —

GLD SPDR GOLD TR 3.1%

Value $9.564M (+1.7%) Shares 22,226 (-6.3%) Est. Cost $396.31 Unrealized —

TSLA TESLA INC 0.1%

Value $354K (-30.2%) Shares 953 (-15.6%) Est. Cost $230.45 Unrealized +84.8%

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value $274K (-35.2%) Shares 703 (-22.1%) Est. Cost $395.51 Unrealized +9.0%

IWF ISHARES TR 0.1%

Value $240K (-36.6%) Shares 563 (-29.6%) Est. Cost $468.41 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value $271K (-29.5%) Shares 454 (-26.1%) Est. Cost $159.76 Unrealized —

CVX CHEVRON CORPORATION 0.1%

Value $336K (-22.0%) Shares 1,622 (-42.5%) Est. Cost $94.78 Unrealized +81.3%

BA BOEING CO 0.2%

Value $498K (-12.3%) Shares 2,500 (-4.4%) Est. Cost $201.87 Unrealized +18.2%

SIL GLOBAL X FDS 3.1%

Value $9.586M (-0.2%) Shares 106,416 (-7.5%) Est. Cost $83.52 Unrealized —

GEV GE VERNOVA INC 0.1%

Value $265K (-6.2%) Shares 304 (-29.8%) Est. Cost $605.57 Unrealized +21.7%

PM PHILIP MORRIS INTL INC 1.4%

Value $4.27M (+0.4%) Shares 25,827 (-2.6%) Est. Cost $165.18 Unrealized +6.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	MICROSOFT CORP	236,280 (-4.2%)	$87.46M (-26.7%)	28.4%	$188.08	+131.1%	COM	594918104
ISRG	INTUITIVE SURGICAL INC	596 (-96.3%)	$275K (-97.0%)	0.1%	$396.88	+31.3%	COM NEW	46120E602
META	META PLATFORMS INC	21,547 (-20.9%)	$12.33M (-31.4%)	4.0%	$542.92	+20.7%	CL A	30303M102
NVDA	NVIDIA CORPORATION	203,019 (-6.8%)	$35.41M (-12.9%)	11.5%	$100.60	+85.5%	COM	67066G104
GOOGL	ALPHABET INC	92,010 (-3.2%)	$26.46M (-11.1%)	8.6%	$133.83	+141.6%	CAP STK CL A	02079K305
PLTR	PALANTIR TECHNOLOGIES INC	65,939 (-8.1%)	$9.646M (-24.4%)	3.1%	$110.75	+39.2%	CL A	69608A108
NFLX	NETFLIX INC.	2,380 (-92.0%)	$229K (-91.8%)	0.1%	$107.73	-22.2%	COM	64110L106
AVGO	BROADCOM INC	35,090 (-5.8%)	$10.86M (-15.7%)	3.5%	$290.69	+15.0%	COM	11135F101
AMD	ADVANCED MICRO DEVICES INC	12,506 (-35.0%)	$2.544M (-38.2%)	0.8%	$137.05	+61.8%	COM	007903107
GOOG	ALPHABET INC	12,259 (-20.6%)	$3.517M (-27.4%)	1.1%	$125.49	+157.9%	CAP STK CL C	02079K107
AEM	AGNICO EAGLE MINES LTD	26,433 (-2.7%)	$5.365M (+16.5%)	1.7%	$136.83	+50.6%	COM	008474108
HOOD	ROBINHOOD MKTS INC	7,969 (-1.3%)	$552K (-39.5%)	0.2%	$109.05	-12.2%	COM CL A	770700102
XLK	SELECT SECTOR SPDR TR	24,220 (-2.4%)	$3.219M (-9.9%)	1.0%	$212.92	—	STATE STREET TEC	81369Y803
HWM	HOWMET AEROSPACE INC	30,468 (-7.0%)	$7.022M (+4.6%)	2.3%	$199.00	+13.8%	COM	443201108
SPY	STATE STR SPDR S&P 500 ETF T	1,982 (-13.2%)	$1.289M (-17.2%)	0.4%	$533.65	—	TR UNIT	78462F103
COST	COSTCO WHOLESALE CORPORATION	756 (-34.9%)	$753K (-24.8%)	0.2%	$755.50	+27.6%	COM	22160K105
QQQ	INVESCO QQQ TR	1,506 (-10.6%)	$869K (-16.0%)	0.3%	$419.37	—	UNIT SER 1	46090E103
GLD	SPDR GOLD TR	22,226 (-6.3%)	$9.564M (+1.7%)	3.1%	$396.31	—	GOLD SHS	78463V107
TSLA	TESLA INC	953 (-15.6%)	$354K (-30.2%)	0.1%	$230.45	+84.8%	COM	88160R101
CRWD	CROWDSTRIKE HLDGS INC	703 (-22.1%)	$274K (-35.2%)	0.1%	$395.51	+9.0%	CL A	22788C105
IWF	ISHARES TR	563 (-29.6%)	$240K (-36.6%)	0.1%	$468.41	—	RUS 1000 GRW ETF	464287614
VOO	VANGUARD INDEX FDS	454 (-26.1%)	$271K (-29.5%)	0.1%	$159.76	—	S&P 500 ETF SHS	922908363
CVX	CHEVRON CORPORATION	1,622 (-42.5%)	$336K (-22.0%)	0.1%	$94.78	+81.3%	COM	166764100
BA	BOEING CO	2,500 (-4.4%)	$498K (-12.3%)	0.2%	$201.87	+18.2%	COM	097023105
SIL	GLOBAL X FDS	106,416 (-7.5%)	$9.586M (-0.2%)	3.1%	$83.52	—	GLOBAL X SILVER	37954Y848
GEV	GE VERNOVA INC	304 (-29.8%)	$265K (-6.2%)	0.1%	$605.57	+21.7%	COM	36828A101
PM	PHILIP MORRIS INTL INC	25,827 (-2.6%)	$4.27M (+0.4%)	1.4%	$165.18	+6.5%	COM	718172109

Unchanged Positions (3)

FIG FIGMA INC 0.2%

Value $742K Shares 35,100 Est. Cost $62.47 Unrealized -54.5%

XLU SELECT SECTOR SPDR TR 0.3%

Value $777K Shares 16,937 Est. Cost $42.69 Unrealized —

RKLB ROCKET LAB CORP 0.1%

Value $268K Shares 4,172 Est. Cost $45.36 Unrealized +74.8%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FIG	FIGMA INC	35,100	$742K	0.2%	$62.47	-54.5%	CLASS A COM STK	316841105
XLU	SELECT SECTOR SPDR TR	16,937	$777K	0.3%	$42.69	—	STATE STREET UTI	81369Y886
RKLB	ROCKET LAB CORP	4,172	$268K	0.1%	$45.36	+74.8%	COM	773121108