Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HIMU	iShares High Yield Muni Active ETF	21,143	$1.053M	0.4%	$49.80	—	ETF	092528843
TMDX	Transmedics Group Inc	7,200	$478K	0.2%	$66.42	—	Common Stock	89377M109
SPCX	Space Ex Tech Spacex Class A	1,809	$309K	0.1%	$170.86	—	Common Stock	84615Q103
AMD	Advanced Micro Devic	454	$264K	0.1%	$580.91	—	Common Stock	007903107
XMTR	Xometry Inc Class A	2,269	$219K	0.1%	$96.52	—	Common Stock	98423F109
ETHA	iShares Ethereum Trust ETF	13,950	$166K	0.1%	$11.89	—	ETF	46438R105

Increased Positions (18)

XLK Technology Select Sector SPDR ETF 10.5%

Value $27.84M (+65.4%) Shares 146,103 (+15.4%) Est. Cost $161.65 Unrealized —

URTH iShares MSCI World ETF 5.4%

Value $14.29M (+57.4%) Shares 70,495 (+39.8%) Est. Cost $187.83 Unrealized —

SCHG Schwab US Large Cap Growth ETF 7.2%

Value $18.96M (+27.7%) Shares 560,288 (+9.9%) Est. Cost $28.12 Unrealized —

SMH Vaneck Semiconductor ETF 2.1%

Value $5.685M (+220.1%) Shares 8,667 (+87.1%) Est. Cost $499.81 Unrealized —

XLF Select STR Financial Select SPDR ETF 7.8%

Value $20.71M (+16.0%) Shares 386,366 (+6.9%) Est. Cost $51.68 Unrealized —

XLI INDUSTRIAL SELECT SECTOR SPDR FUND 4.2%

Value $11.11M (+33.6%) Shares 59,995 (+16.7%) Est. Cost $150.25 Unrealized —

VEA Vanguard FTSE Developed Markets ETF 7.1%

Value $18.66M (+17.1%) Shares 261,939 (+5.4%) Est. Cost $52.69 Unrealized —

XLV Health Care Select SPDR 4.5%

Value $11.99M (+24.4%) Shares 75,564 (+15.0%) Est. Cost $147.35 Unrealized —

VLUE iShares MSCI USA Value Factor ETF 1.8%

Value $4.68M (+71.8%) Shares 23,420 (+22.2%) Est. Cost $152.67 Unrealized —

EWJ iShares Inc MSCI Japan ETF 2.7%

Value $7.141M (+24.3%) Shares 76,558 (+12.5%) Est. Cost $84.07 Unrealized —

FDIS Fidelity MSCI Cons Discr Indx ETF 2.6%

Value $6.846M (+24.2%) Shares 66,566 (+12.6%) Est. Cost $89.70 Unrealized —

VGK Vanguard FTSE Europe ETF 4.6%

Value $12.3M (+8.7%) Shares 138,932 (+1.2%) Est. Cost $75.77 Unrealized —

IEMG iShares Core MSCI Emerging ETF 0.8%

Value $2.156M (+49.3%) Shares 26,032 (+25.7%) Est. Cost $72.42 Unrealized —

XAR SPDR S&P Aerospace & Defense ETF 1.2%

Value $3.215M (+23.5%) Shares 11,330 (+10.5%) Est. Cost $199.45 Unrealized —

SCHQ Schwab Long Term US Treasury ETF 0.3%

Value $814K (+133.2%) Shares 26,006 (+134.2%) Est. Cost $31.81 Unrealized —

XLE Energy Select Sector SPDR ETF 1.4%

Value $3.699M (-11.0%) Shares 69,655 (+2.6%) Est. Cost $63.00 Unrealized —

XLC Communicat SVS SLCT Sec SPDR ETF IV 2.9%

Value $7.739M (+6.2%) Shares 72,244 (+9.9%) Est. Cost $110.22 Unrealized —

SCHO SCHWAB SHORT-TERM US TREASURY ETF 0.2%

Value $430K (+2.3%) Shares 17,813 (+2.8%) Est. Cost $24.27 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLK	Technology Select Sector SPDR ETF	146,103 (+15.4%)	$27.84M (+65.4%)	10.5%	$161.65	—	ETF	81369Y803
URTH	iShares MSCI World ETF	70,495 (+39.8%)	$14.29M (+57.4%)	5.4%	$187.83	—	ETF	464286392
SCHG	Schwab US Large Cap Growth ETF	560,288 (+9.9%)	$18.96M (+27.7%)	7.2%	$28.12	—	ETF	808524300
SMH	Vaneck Semiconductor ETF	8,667 (+87.1%)	$5.685M (+220.1%)	2.1%	$499.81	—	Mutual Fund	92189F676
XLF	Select STR Financial Select SPDR ETF	386,366 (+6.9%)	$20.71M (+16.0%)	7.8%	$51.68	—	ETF	81369Y605
XLI	INDUSTRIAL SELECT SECTOR SPDR FUND	59,995 (+16.7%)	$11.11M (+33.6%)	4.2%	$150.25	—	ETF	81369Y704
VEA	Vanguard FTSE Developed Markets ETF	261,939 (+5.4%)	$18.66M (+17.1%)	7.1%	$52.69	—	ETF	921943858
XLV	Health Care Select SPDR	75,564 (+15.0%)	$11.99M (+24.4%)	4.5%	$147.35	—	ETF	81369Y209
VLUE	iShares MSCI USA Value Factor ETF	23,420 (+22.2%)	$4.68M (+71.8%)	1.8%	$152.67	—	ETF	46432F388
EWJ	iShares Inc MSCI Japan ETF	76,558 (+12.5%)	$7.141M (+24.3%)	2.7%	$84.07	—	ETF	46434G822
FDIS	Fidelity MSCI Cons Discr Indx ETF	66,566 (+12.6%)	$6.846M (+24.2%)	2.6%	$89.70	—	ETF	316092204
VGK	Vanguard FTSE Europe ETF	138,932 (+1.2%)	$12.3M (+8.7%)	4.6%	$75.77	—	ETF	922042874
IEMG	iShares Core MSCI Emerging ETF	26,032 (+25.7%)	$2.156M (+49.3%)	0.8%	$72.42	—	ETF	46434G103
XAR	SPDR S&P Aerospace & Defense ETF	11,330 (+10.5%)	$3.215M (+23.5%)	1.2%	$199.45	—	ETF	78464A631
SCHQ	Schwab Long Term US Treasury ETF	26,006 (+134.2%)	$814K (+133.2%)	0.3%	$31.81	—	ETF	808524680
XLE	Energy Select Sector SPDR ETF	69,655 (+2.6%)	$3.699M (-11.0%)	1.4%	$63.00	—	ETF	81369Y506
XLC	Communicat SVS SLCT Sec SPDR ETF IV	72,244 (+9.9%)	$7.739M (+6.2%)	2.9%	$110.22	—	ETF	81369Y852
SCHO	SCHWAB SHORT-TERM US TREASURY ETF	17,813 (+2.8%)	$430K (+2.3%)	0.2%	$24.27	—	Bonds	808524862

Exited Positions (3)

JQUA JPMorgan U.S. Quality Factor ETF 0.4%

Value $1.008M Shares 16,438 Est. Cost $58.04 Unrealized —

EMB iShares JPMorgan Usd MTS Bond ETF 0.4%

Value $968K Shares 10,306 Est. Cost $95.95 Unrealized —

EFA iShares MSCI EAFE ETF 0.1%

Value $235K Shares 2,421 Est. Cost $81.75 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JQUA	JPMorgan U.S. Quality Factor ETF	16,438	$1.008M	0.4%	$58.04	—	—	46641Q761
EMB	iShares JPMorgan Usd MTS Bond ETF	10,306	$968K	0.4%	$95.95	—	—	464288281
EFA	iShares MSCI EAFE ETF	2,421	$235K	0.1%	$81.75	—	—	464287465

Decreased Positions (14)

VTEB Vanguard Muni BND Tax Exempt ETF 1.7%

Value $4.622M (-50.7%) Shares 91,386 (-51.4%) Est. Cost $49.80 Unrealized —

SCHR Schwab Intermediate Term US TRS ETF 2.2%

Value $5.83M (-24.2%) Shares 236,424 (-23.5%) Est. Cost $24.95 Unrealized —

BDYN BlackRock iShares Dynamic Equity Active 7.2%

Value $19.05M (+9.8%) Shares 686,808 (-3.8%) Est. Cost $25.31 Unrealized —

VMBS Vanguard Mortgage Backed Sec ETF 0.9%

Value $2.457M (-37.2%) Shares 52,490 (-37.1%) Est. Cost $46.32 Unrealized —

IVV iShares Core S&P 500 ETF 3.4%

Value $8.977M (+12.3%) Shares 11,987 (-2.1%) Est. Cost $561.91 Unrealized —

LQD iShares iBoxx Invt Grade Bond ETF 2.1%

Value $5.603M (-9.9%) Shares 51,374 (-10.0%) Est. Cost $108.90 Unrealized —

LEMB ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF 0.3%

Value $818K (-14.5%) Shares 19,287 (-17.8%) Est. Cost $40.80 Unrealized —

IEFA iShares Core MSCI EAFE ETF 1.0%

Value $2.665M (+4.6%) Shares 27,590 (-2.0%) Est. Cost $75.65 Unrealized —

RSP Invesco S&P 500 Equal Weight ETF 1.3%

Value $3.539M (+2.2%) Shares 16,632 (-7.8%) Est. Cost $185.01 Unrealized —

VIG Vanguard Dividend Appreciation ETF 0.5%

Value $1.278M (+5.9%) Shares 5,400 (-3.7%) Est. Cost $200.38 Unrealized —

VTWG Vanguard Russell 2000 Growth ETF 0.7%

Value $1.882M (+3.9%) Shares 6,543 (-17.3%) Est. Cost $186.37 Unrealized —

NYF iShares New York Muni Bond ETF 0.1%

Value $357K (-14.3%) Shares 6,621 (-15.5%) Est. Cost $52.86 Unrealized —

BND Vanguard Total Bond Market ETF 0.2%

Value $434K (-6.9%) Shares 5,907 (-6.6%) Est. Cost $73.45 Unrealized —

CMF iShares California Muni Bond ETF 0.5%

Value $1.299M (-1.1%) Shares 22,532 (-2.5%) Est. Cost $56.71 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VTEB	Vanguard Muni BND Tax Exempt ETF	91,386 (-51.4%)	$4.622M (-50.7%)	1.7%	$49.80	—	ETF	922907746
SCHR	Schwab Intermediate Term US TRS ETF	236,424 (-23.5%)	$5.83M (-24.2%)	2.2%	$24.95	—	ETF	808524854
BDYN	BlackRock iShares Dynamic Equity Active	686,808 (-3.8%)	$19.05M (+9.8%)	7.2%	$25.31	—	ETF	09290C723
VMBS	Vanguard Mortgage Backed Sec ETF	52,490 (-37.1%)	$2.457M (-37.2%)	0.9%	$46.32	—	ETF	92206C771
IVV	iShares Core S&P 500 ETF	11,987 (-2.1%)	$8.977M (+12.3%)	3.4%	$561.91	—	ETF	464287200
LQD	iShares iBoxx Invt Grade Bond ETF	51,374 (-10.0%)	$5.603M (-9.9%)	2.1%	$108.90	—	ETF	464287242
LEMB	ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF	19,287 (-17.8%)	$818K (-14.5%)	0.3%	$40.80	—	Bonds	464286517
IEFA	iShares Core MSCI EAFE ETF	27,590 (-2.0%)	$2.665M (+4.6%)	1.0%	$75.65	—	ETF	46432F842
RSP	Invesco S&P 500 Equal Weight ETF	16,632 (-7.8%)	$3.539M (+2.2%)	1.3%	$185.01	—	ETF	46137V357
VIG	Vanguard Dividend Appreciation ETF	5,400 (-3.7%)	$1.278M (+5.9%)	0.5%	$200.38	—	ETF	921908844
VTWG	Vanguard Russell 2000 Growth ETF	6,543 (-17.3%)	$1.882M (+3.9%)	0.7%	$186.37	—	ETF	92206C623
NYF	iShares New York Muni Bond ETF	6,621 (-15.5%)	$357K (-14.3%)	0.1%	$52.86	—	ETF	464288323
BND	Vanguard Total Bond Market ETF	5,907 (-6.6%)	$434K (-6.9%)	0.2%	$73.45	—	ETF	921937835
CMF	iShares California Muni Bond ETF	22,532 (-2.5%)	$1.299M (-1.1%)	0.5%	$56.71	—	ETF	464288356

Unchanged Positions (19)

IGM iShares Expanded Tech Sector ETF 1.7%

Value $4.581M Shares 28,003 Est. Cost $90.67 Unrealized —

RING iShares MSCI Glo Gold Miners ETF 1.3%

Value $3.309M Shares 51,225 Est. Cost $53.91 Unrealized —

QQQ Invsc QQQ Trust SRS 1 ETF 0.8%

Value $2.229M Shares 3,027 Est. Cost $468.92 Unrealized —

VOO Vanguard S&P 500 ETF 1.4%

Value $3.66M Shares 5,328 Est. Cost $513.92 Unrealized —

NVDA Nvidia Corp 1.0%

Value $2.56M Shares 12,797 Est. Cost $126.71 Unrealized —

GOOG Alphabet Inc Class C 0.5%

Value $1.286M Shares 3,640 Est. Cost $182.46 Unrealized —

AAPL Apple Inc 0.5%

Value $1.331M Shares 4,600 Est. Cost $230.77 Unrealized —

SPY SPDR S&P 500 ETF 0.4%

Value $959K Shares 1,284 Est. Cost $559.73 Unrealized —

TSLA Tesla Inc 0.4%

Value $964K Shares 2,292 Est. Cost $333.26 Unrealized —

GBTC Grayscale Bitcoin TR BTC 0.2%

Value $462K Shares 10,147 Est. Cost $65.17 Unrealized —

GLD SPDR Gold Shares ETF 0.1%

Value $368K Shares 998 Est. Cost $288.14 Unrealized —

AVGO Broadcom Inc 0.1%

Value $314K Shares 831 Est. Cost $209.82 Unrealized —

AMZN Amazon.Com Inc 0.1%

Value $339K Shares 1,424 Est. Cost $217.00 Unrealized —

VYM Vanguard High Dividend Yield ETF 0.2%

Value $603K Shares 3,813 Est. Cost $128.96 Unrealized —

SCHH Charles Schwab US REIT ETF 0.1%

Value $386K Shares 16,285 Est. Cost $21.51 Unrealized —

SHOP Shopify Inc F Class A 0.2%

Value $404K Shares 3,540 Est. Cost $108.97 Unrealized —

MSFT Microsoft Corp 0.3%

Value $744K Shares 1,995 Est. Cost $405.08 Unrealized —

META Meta Platforms Inc 0.1%

Value $222K Shares 394 Est. Cost $623.91 Unrealized —

IEF ISHARES 7-10 YEAR TREASURY BOND ETF 0.1%

Value $260K Shares 2,752 Est. Cost $95.44 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IGM	iShares Expanded Tech Sector ETF	28,003	$4.581M	1.7%	$90.67	—	ETF	464287549
RING	iShares MSCI Glo Gold Miners ETF	51,225	$3.309M	1.3%	$53.91	—	ETF	46434G855
QQQ	Invsc QQQ Trust SRS 1 ETF	3,027	$2.229M	0.8%	$468.92	—	ETF	46090E103
VOO	Vanguard S&P 500 ETF	5,328	$3.66M	1.4%	$513.92	—	ETF	922908363
NVDA	Nvidia Corp	12,797	$2.56M	1.0%	$126.71	—	Common Stock	67066G104
GOOG	Alphabet Inc Class C	3,640	$1.286M	0.5%	$182.46	—	Common Stock	02079K107
AAPL	Apple Inc	4,600	$1.331M	0.5%	$230.77	—	Common Stock	037833100
SPY	SPDR S&P 500 ETF	1,284	$959K	0.4%	$559.73	—	ETF	78462F103
TSLA	Tesla Inc	2,292	$964K	0.4%	$333.26	—	Common Stock	88160R101
GBTC	Grayscale Bitcoin TR BTC	10,147	$462K	0.2%	$65.17	—	Fund	389637109
GLD	SPDR Gold Shares ETF	998	$368K	0.1%	$288.14	—	ETF	78463V107
AVGO	Broadcom Inc	831	$314K	0.1%	$209.82	—	Common Stock	11135F101
AMZN	Amazon.Com Inc	1,424	$339K	0.1%	$217.00	—	Common Stock	023135106
VYM	Vanguard High Dividend Yield ETF	3,813	$603K	0.2%	$128.96	—	ETF	921946406
SCHH	Charles Schwab US REIT ETF	16,285	$386K	0.1%	$21.51	—	ETF	808524847
SHOP	Shopify Inc F Class A	3,540	$404K	0.2%	$108.97	—	Common Stock	82509L107
MSFT	Microsoft Corp	1,995	$744K	0.3%	$405.08	—	Common Stock	594918104
META	Meta Platforms Inc	394	$222K	0.1%	$623.91	—	Common Stock	30303M102
IEF	ISHARES 7-10 YEAR TREASURY BOND ETF	2,752	$260K	0.1%	$95.44	—	Bonds	464287440