Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PHO	Invesco Water Resources ETF	221,600	$14.75M	7.2%	$38.63	—	—	46137V142
FIW	First Trust Water ETF	143,900	$14.69M	7.2%	$59.94	—	—	33733B100
EWC	iShares MSCI Canada ETF	376,700	$14.42M	7.0%	$37.16	—	—	464286509
EWL	iShares MSCI Switzerland ETF	302,700	$14.41M	7.0%	$47.60	—	—	464286749
SPY	SPDR S&P 500 ETF Trust	27,500	$14.38M	7.0%	$452.48	—	—	78462F103
CGW	Invesco S&P Global Water Index	215,800	$11.98M	5.8%	$55.84	—	—	46138E263
IJR	iShares Core S&P Small-Cap ETF	64,300	$7.106M	3.5%	$110.51	—	—	464287804
IJT	iShares S&P Small-Cap 600 Grow	54,200	$7.085M	3.5%	$130.72	—	—	464287887
VNQ	Vanguard Real Estate ETF	80,800	$6.987M	3.4%	$88.07	—	—	922908553
IVW	iShares S&P 500 Growth ETF	81,500	$6.881M	3.4%	$84.43	—	—	464287309
VCR	Vanguard Consumer Discretionar	21,400	$6.799M	3.3%	$317.71	—	—	92204A108
XLK	Technology Select Sector SPDR	32,500	$6.768M	3.3%	$208.25	—	—	81369Y803
EZA	iShares MSCI South Africa ETF	161,500	$6.325M	3.1%	$42.18	—	—	464286780
EWZ	iShares MSCI Brazil ETF	183,800	$5.958M	2.9%	$32.42	—	—	464286400
MBLY	Mobileye Global Inc	40,200	$1.292M	0.6%	$28.39	0.0%	—	60741F104
EQT	EQT Corp	34,300	$1.271M	0.6%	$38.09	-8.5%	—	26884L109
GM	General Motors Co	27,500	$1.247M	0.6%	$36.25	+4.8%	—	37045V100
—	Marathon Oil Corp	44,000	$1.246M	0.6%	$28.32	—	—	565849106
LEN	Lennar Corp	7,200	$1.238M	0.6%	$146.27	0.0%	—	526057104
AU	Anglogold Ashanti Plc	55,600	$1.234M	0.6%	$17.57	0.0%	—	G0378L100
LUV	Southwest Airlines Co	41,900	$1.223M	0.6%	$29.65	0.0%	—	844741108
F	Ford Motor Co	92,000	$1.221M	0.6%	$11.06	-3.4%	—	345370860
RVTY	Revvity Inc	11,600	$1.218M	0.6%	$105.89	0.0%	—	714046109
AGCO	AGCO Corp	9,900	$1.217M	0.6%	$114.12	-2.6%	—	001084102
WCC	WESCO International Inc	7,100	$1.216M	0.6%	$146.95	+10.4%	—	95082P105
NEM	Newmont Corp	33,900	$1.214M	0.6%	$33.15	0.0%	—	651639106
—	Super Micro Computer Inc	1,200	$1.212M	0.6%	$274.19	—	—	86800U104
CNC	Centene Corp	15,400	$1.208M	0.6%	$77.21	0.0%	—	15135B101
PR	Permian Resources Corp	68,400	$1.207M	0.6%	$14.67	0.0%	—	71424F105
NUE	Nucor Corp	6,100	$1.207M	0.6%	$143.28	+23.7%	—	670346105
TGT	Target Corp	6,800	$1.205M	0.6%	$142.02	0.0%	—	87612E106
BG	Bunge Global SA	11,700	$1.199M	0.6%	$88.20	0.0%	—	H11356104
BK	Bank of New York Mellon Corp/T	20,800	$1.198M	0.6%	$52.67	0.0%	—	064058100
COO	Cooper Cos Inc/The	11,800	$1.197M	0.6%	$96.75	0.0%	—	216648501
OVV	Ovintiv Inc	22,900	$1.188M	0.6%	$45.54	0.0%	—	69047Q102
SWK	Stanley Black & Decker Inc	12,100	$1.184M	0.6%	$85.18	0.0%	—	854502101
ZM	Zoom Video Communications Inc	18,100	$1.183M	0.6%	$66.65	0.0%	—	98980L101
TWLO	Twilio Inc	19,300	$1.18M	0.6%	$65.86	0.0%	—	90138F102
SNOW	Snowflake Inc	7,300	$1.179M	0.6%	$193.91	0.0%	—	833445109
DOCU	DocuSign Inc	19,800	$1.179M	0.6%	$56.46	0.0%	—	256163106
UNM	Unum Group	21,900	$1.175M	0.6%	$44.00	+10.8%	—	91529Y106
CLF	Cleveland-Cliffs Inc	51,500	$1.171M	0.6%	$19.82	0.0%	—	185899101
GAP	Gap Inc/The	42,400	$1.168M	0.6%	$15.11	+31.8%	—	364760108
DINO	HF Sinclair Corp	19,300	$1.165M	0.6%	$49.66	+5.1%	—	403949100
ALLY	Ally Financial Inc	28,700	$1.164M	0.6%	$34.22	0.0%	—	02005N100
XYZ	Block Inc	13,700	$1.158M	0.6%	$72.33	0.0%	—	852234103
XEL	Xcel Energy Inc	21,500	$1.155M	0.6%	$53.35	0.0%	—	98389B100
BILL	BILL Holdings Inc	16,800	$1.154M	0.6%	$78.55	-11.0%	—	090043100
EG	Everest Group Ltd	2,900	$1.152M	0.6%	$363.59	0.0%	—	G3223R108
BIO	Bio-Rad Laboratories Inc	3,300	$1.141M	0.6%	$375.47	-12.4%	—	090572207
KHC	Kraft Heinz Co/The	30,800	$1.136M	0.6%	$32.80	0.0%	—	500754106
ZG	Zillow Group Inc	23,700	$1.134M	0.6%	$52.88	0.0%	—	98954M101
MOS	Mosaic Co/The	34,400	$1.116M	0.5%	$39.55	-24.1%	—	61945C103
ROKU	Roku Inc	17,100	$1.114M	0.5%	$80.64	-3.5%	—	77543R102
SYF	Synchrony Financial	25,800	$1.112M	0.5%	$35.74	+7.6%	—	87165B103
VRT	Vertiv Holdings Co	13,500	$1.102M	0.5%	$32.86	+90.7%	—	92537N108
—	Walgreens Boots Alliance Inc	50,400	$1.093M	0.5%	$22.14	—	—	931427108
GRAB	Grab Holdings Ltd	347,800	$1.092M	0.5%	$3.21	0.0%	—	G4124C109
UAL	United Airlines Holdings Inc	22,800	$1.091M	0.5%	$48.93	-12.4%	—	910047109
INTC	Intel Corp	24,700	$1.09M	0.5%	$44.04	0.0%	—	458140100
EXPE	Expedia Group Inc	7,900	$1.088M	0.5%	$140.99	0.0%	—	30212P303
WBD	Warner Bros Discovery Inc	124,400	$1.086M	0.5%	$11.89	-18.9%	—	934423104
BLDR	Builders FirstSource Inc	5,200	$1.084M	0.5%	$63.58	+190.7%	—	12008R107
HUM	Humana Inc	3,100	$1.074M	0.5%	$453.74	-18.5%	—	444859102
KNX	Knight-Swift Transportation Ho	19,500	$1.072M	0.5%	$54.94	-0.0%	—	499049104
RRX	Regal Rexnord Corp	5,900	$1.062M	0.5%	$126.16	+23.5%	—	758750103
COHR	Coherent Corp	16,800	$1.018M	0.5%	$54.83	0.0%	—	19247G107
DUOL	Duolingo Inc	4,600	$1.014M	0.5%	$203.74	0.0%	—	26603R106
TRU	TransUnion	12,500	$997K	0.5%	$60.22	+20.5%	—	89400J107
U	Unity Software Inc	37,200	$993K	0.5%	$31.43	0.0%	—	91332U101
FCNCA	First Citizens BancShares Inc/	600	$981K	0.5%	$1361.65	+9.6%	—	31946M103
OC	Owens Corning	5,800	$967K	0.5%	$132.46	+15.2%	—	690742101
—	VanEck Russia ETF	230,500	$0	0.0%	$26.66	—	—	92189F403