Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FIW	First Trust Water ETF	143,900	$14.49M	7.0%	$59.94	—	—	33733B100
PHO	Invesco Water Resources ETF	221,600	$14.3M	6.9%	$38.63	—	—	46137V142
EWA	iShares MSCI Australia ETF	524,200	$12.29M	5.9%	$23.86	—	—	464286103
EWC	iShares MSCI Canada ETF	301,000	$12.27M	5.9%	$40.30	—	—	464286509
SPY	SPDR S&P 500 ETF Trust	21,800	$12.19M	5.9%	$559.36	—	—	78462F103
CGW	Invesco S&P Global Water Index	215,800	$12.02M	5.8%	$55.84	—	—	46138E263
VWO	Vanguard FTSE Emerging Markets	183,500	$8.305M	4.0%	$45.26	—	—	922042858
VFH	Vanguard Financials ETF	63,100	$7.538M	3.6%	$109.91	—	—	92204A405
VDC	Vanguard Consumer Staples ETF	33,900	$7.417M	3.6%	$218.79	—	—	92204A207
EZA	iShares MSCI South Africa ETF	153,100	$7.368M	3.6%	$42.52	—	—	464286780
IVE	iShares S&P 500 Value ETF	38,400	$7.318M	3.5%	$197.02	—	—	464287408
IJS	iShares S&P Small-Cap 600 Valu	74,800	$7.291M	3.5%	$107.26	—	—	464287879
IJR	iShares Core S&P Small-Cap ETF	69,700	$7.288M	3.5%	$113.89	—	—	464287804
VNQ	Vanguard Real Estate ETF	79,300	$7.179M	3.5%	$90.53	—	—	922908553
EWY	iShares MSCI South Korea ETF	126,700	$6.846M	3.3%	$54.03	—	—	464286772
SFM	Sprouts Farmers Market Inc	8,700	$1.327M	0.6%	$149.11	0.0%	—	85208M102
PPC	Pilgrim's Pride Corp	24,000	$1.308M	0.6%	$50.02	0.0%	—	72147K108
RNR	RenaissanceRe Holdings Ltd	5,300	$1.272M	0.6%	$227.36	+6.4%	—	G7496G103
CART	Maplebear Inc	31,500	$1.256M	0.6%	$44.42	0.0%	—	565394103
NUE	Nucor Corp	10,300	$1.239M	0.6%	$143.23	-11.5%	—	670346105
THC	Tenet Healthcare Corp	9,200	$1.237M	0.6%	$131.69	0.0%	—	88033G407
SCCO	Southern Copper Corp	13,200	$1.233M	0.6%	$88.42	0.0%	—	84265V105
ETR	Entergy Corp	14,300	$1.222M	0.6%	$69.96	+15.0%	—	29364G103
SWKS	Skyworks Solutions Inc	18,900	$1.221M	0.6%	$84.02	-12.7%	—	83088M102
—	Walgreens Boots Alliance Inc	109,200	$1.219M	0.6%	$11.16	—	—	931427108
BG	Bunge Global SA	15,800	$1.207M	0.6%	$87.31	-16.8%	—	H11356104
UTHR	United Therapeutics Corp	3,900	$1.202M	0.6%	$342.70	0.0%	—	91307C102
GEV	GE Vernova Inc	3,900	$1.19M	0.6%	$348.14	0.0%	—	36828A101
GEHC	GE HealthCare Technologies Inc	14,500	$1.17M	0.6%	$85.82	0.0%	—	36266G107
SMMT	Summit Therapeutics Inc	60,600	$1.168M	0.6%	$20.06	0.0%	—	86627T108
GRAB	Grab Holdings Ltd	257,500	$1.166M	0.6%	$4.67	0.0%	—	G4124C109
JLL	Jones Lang LaSalle Inc	4,700	$1.165M	0.6%	$244.53	+7.6%	—	48020Q107
GAP	Gap Inc/The	55,800	$1.15M	0.6%	$16.99	+28.3%	—	364760108
CVNA	Carvana Co	5,500	$1.149M	0.6%	$109.41	+102.2%	—	146869102
NRG	NRG Energy Inc	11,900	$1.135M	0.5%	$100.05	0.0%	—	629377508
GFS	GLOBALFOUNDRIES Inc	30,700	$1.133M	0.5%	$41.90	-3.5%	—	G39387108
UAL	United Airlines Holdings Inc	16,400	$1.132M	0.5%	$54.76	+72.5%	—	910047109
MBLY	Mobileye Global Inc	78,600	$1.131M	0.5%	$21.11	-22.6%	—	60741F104
TROW	T Rowe Price Group Inc	12,300	$1.13M	0.5%	$100.60	0.0%	—	74144T108
CEG	Constellation Energy Corp	5,600	$1.129M	0.5%	$266.65	0.0%	—	21037T109
AUR	Aurora Innovation Inc	166,100	$1.117M	0.5%	$7.16	0.0%	—	051774107
TSLA	Tesla Inc	4,300	$1.114M	0.5%	$333.26	0.0%	—	88160R101
WCC	WESCO International Inc	7,100	$1.102M	0.5%	$146.95	+20.7%	—	95082P105
SYF	Synchrony Financial	20,800	$1.101M	0.5%	$35.74	+70.4%	—	87165B103
ANET	Arista Networks Inc	14,100	$1.092M	0.5%	$101.39	0.0%	—	040413205
SIRI	Sirius XM Holdings Inc	48,300	$1.088M	0.5%	$25.47	-7.5%	—	829933100
ABNB	Airbnb Inc	9,100	$1.087M	0.5%	$133.97	0.0%	—	009066101
FND	Floor & Decor Holdings Inc	13,500	$1.086M	0.5%	$94.46	0.0%	—	339750101
TEAM	Atlassian Corp	5,100	$1.082M	0.5%	$263.86	0.0%	—	049468101
ZG	Zillow Group Inc	16,100	$1.076M	0.5%	$73.92	0.0%	—	98954M101
TGT	Target Corp	10,300	$1.074M	0.5%	$139.79	-14.0%	—	87612E106
LUMN	Lumen Technologies Inc	273,600	$1.072M	0.5%	$5.90	-15.5%	—	550241103
XYZ	Block Inc	19,700	$1.07M	0.5%	$74.64	0.0%	—	852234103
PWR	Quanta Services Inc	4,200	$1.067M	0.5%	$288.64	0.0%	—	74762E102
FCX	Freeport-McMoRan Inc	28,200	$1.067M	0.5%	$37.81	0.0%	—	35671D857
TWLO	Twilio Inc	10,800	$1.057M	0.5%	$118.50	0.0%	—	90138F102
DAL	Delta Air Lines Inc	24,100	$1.05M	0.5%	$58.63	0.0%	—	247361702
TTD	Trade Desk Inc/The	19,100	$1.045M	0.5%	$90.47	0.0%	—	88339J105
MHK	Mohawk Industries Inc	9,100	$1.039M	0.5%	$143.15	-16.7%	—	608190104
FOUR	Shift4 Payments Inc	12,700	$1.037M	0.5%	$103.05	0.0%	—	82452J109
RRX	Regal Rexnord Corp	9,100	$1.036M	0.5%	$132.29	+5.0%	—	758750103
ROKU	Roku Inc	14,300	$1.007M	0.5%	$80.02	0.0%	—	77543R102
RDDT	Reddit Inc	9,500	$996K	0.5%	$165.28	0.0%	—	75734B100
DECK	Deckers Outdoor Corp	8,900	$995K	0.5%	$161.52	0.0%	—	243537107
ALB	Albemarle Corp	13,800	$993K	0.5%	$79.81	0.0%	—	012653101
VRT	Vertiv Holdings Co	13,700	$989K	0.5%	$54.63	+94.6%	—	92537N108
SMCI	Super Micro Computer Inc	28,600	$979K	0.5%	$37.94	0.0%	—	86800U302
BIO	Bio-Rad Laboratories Inc	4,000	$974K	0.5%	$355.54	-15.4%	—	090572207
APP	AppLovin Corp	3,500	$927K	0.4%	$252.97	+36.2%	—	03831W108
VST	Vistra Corp	7,900	$927K	0.4%	$82.71	+79.7%	—	92840M102
KNX	Knight-Swift Transportation Ho	21,100	$917K	0.4%	$53.58	-5.2%	—	499049104
ALK	Alaska Air Group Inc	18,000	$885K	0.4%	$65.65	0.0%	—	011659109
—	VanEck Russia ETF	230,500	$0	0.0%	$26.66	—	—	92189F403