Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PPLT	ABRDN PLATINUM ETF TRUST	110,500	$1.561M	2.5%	$14.13	—	PHYSCL PLATM SHS	003260106
GOOGL	ALPHABET INC	2,130	$761K	1.2%	$357.37	—	CAP STK CL A	02079K305
META	META PLATFORMS INC	1,330	$749K	1.2%	$563.29	—	CL A	30303M102
XLP	SELECT SECTOR SPDR TR	6,700	$557K	0.9%	$83.07	—	ST STR STAPL ETF	81369Y308
XLV	SELECT SECTOR SPDR TR	3,500	$555K	0.9%	$158.66	—	ST STR CARE ETF	81369Y209
IGV	ISHARES TR	5,800	$525K	0.8%	$90.60	—	EXPANDED TECH	464287515
NEE	NEXTERA ENERGY INC	2,800	$246K	0.4%	$87.77	—	COM	65339F101
IYR	ISHARES TR	2,400	$245K	0.4%	$102.25	—	U.S. REAL ES ETF	464287739
NFLX	NETFLIX INC.	3,300	$236K	0.4%	$71.40	—	COM	64110L106

Increased Positions (7)

SPY STATE STR SPDR S&P 500 ETF T 63.8%

Value $40.26M (+512.9%) Shares 53,910 (+433.8%) Est. Cost $733.74 Unrealized —

MSFT MICROSOFT CORP 2.3%

Value $1.47M (+163.5%) Shares 3,940 (+161.4%) Est. Cost $421.81 Unrealized —

SLV ISHARES SILVER TR 2.8%

Value $1.765M (+56.9%) Shares 33,000 (+100.0%) Est. Cost $60.80 Unrealized —

AMZN AMAZON COM INC 2.3%

Value $1.459M (+75.1%) Shares 6,120 (+53.0%) Est. Cost $232.10 Unrealized —

AAPL APPLE INC 1.9%

Value $1.186M (+47.5%) Shares 4,100 (+29.4%) Est. Cost $273.12 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.8%

Value $525K (+53.9%) Shares 1,100 (+8.9%) Est. Cost $318.10 Unrealized —

GLD SPDR GOLD TR 8.3%

Value $5.231M (-2.7%) Shares 14,200 (+13.6%) Est. Cost $422.88 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	STATE STR SPDR S&P 500 ETF T	53,910 (+433.8%)	$40.26M (+512.9%)	63.8%	$733.74	—	TR UNIT	78462F103
MSFT	MICROSOFT CORP	3,940 (+161.4%)	$1.47M (+163.5%)	2.3%	$421.81	—	COM	594918104
SLV	ISHARES SILVER TR	33,000 (+100.0%)	$1.765M (+56.9%)	2.8%	$60.80	—	ISHARES	46428Q109
AMZN	AMAZON COM INC	6,120 (+53.0%)	$1.459M (+75.1%)	2.3%	$232.10	—	COM	023135106
AAPL	APPLE INC	4,100 (+29.4%)	$1.186M (+47.5%)	1.9%	$273.12	—	COM	037833100
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1,100 (+8.9%)	$525K (+53.9%)	0.8%	$318.10	—	SPONSORED ADS	874039100
GLD	SPDR GOLD TR	14,200 (+13.6%)	$5.231M (-2.7%)	8.3%	$422.88	—	GOLD SHS	78463V107

Exited Positions (19)

QQQ INVESCO QQQ TR 9.2%

Value $5.83M Shares 10,100 Est. Cost $595.19 Unrealized —

FXI ISHARES TR 3.1%

Value $1.985M Shares 55,300 Est. Cost $35.90 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 2.4%

Value $1.524M Shares 88,000 Est. Cost $17.32 Unrealized —

OXY OCCIDENTAL PETE CORP 2.1%

Value $1.322M Shares 20,337 Est. Cost $41.55 Unrealized —

AGRO ADECOAGRO S A 1.7%

Value $1.066M Shares 71,000 Est. Cost $8.62 Unrealized —

HSY HERSHEY CO 1.4%

Value $904K Shares 4,347 Est. Cost $182.10 Unrealized —

FCX FREEPORT MCMORAN INC 1.1%

Value $710K Shares 12,073 Est. Cost $43.31 Unrealized —

OLN OLIN CORP 1.1%

Value $706K Shares 23,735 Est. Cost $22.24 Unrealized —

EQT EQT CORP 1.0%

Value $640K Shares 10,053 Est. Cost $56.13 Unrealized —

FLEX FLEXTRONICS INTL LTD 0.9%

Value $589K Shares 9,000 Est. Cost $61.77 Unrealized —

BATRK ATLANTA BRAVES HLDGS INC 0.7%

Value $427K Shares 10,000 Est. Cost $39.53 Unrealized —

ILMN ILLUMINA INC 0.6%

Value $370K Shares 3,000 Est. Cost $117.40 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.6%

Value $366K Shares 2,500 Est. Cost $181.03 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.6%

Value $359K Shares 750 Est. Cost $497.53 Unrealized —

DOW DOW HLDGS INC 0.5%

Value $312K Shares 7,500 Est. Cost $29.05 Unrealized —

LYB LYONDELLBASELL INDUSTRIES NV 0.5%

Value $306K Shares 3,800 Est. Cost $52.41 Unrealized —

CTRA COTERRA ENERGY INC 0.4%

Value $265K Shares 7,546 Est. Cost $28.33 Unrealized —

SLB SLB LIMITED 0.4%

Value $250K Shares 4,871 Est. Cost $48.30 Unrealized —

MDB MONGODB INC 0.4%

Value $245K Shares 1,000 Est. Cost $363.83 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	10,100	$5.83M	9.2%	$595.19	—	—	46090E103
FXI	ISHARES TR	55,300	$1.985M	3.1%	$35.90	—	—	464287184
PDBC	INVESCO ACTVELY MNGD ETC FD	88,000	$1.524M	2.4%	$17.32	—	—	46090F100
OXY	OCCIDENTAL PETE CORP	20,337	$1.322M	2.1%	$41.55	—	—	674599105
AGRO	ADECOAGRO S A	71,000	$1.066M	1.7%	$8.62	—	—	L00849106
HSY	HERSHEY CO	4,347	$904K	1.4%	$182.10	—	—	427866108
FCX	FREEPORT MCMORAN INC	12,073	$710K	1.1%	$43.31	—	—	35671D857
OLN	OLIN CORP	23,735	$706K	1.1%	$22.24	—	—	680665205
EQT	EQT CORP	10,053	$640K	1.0%	$56.13	—	—	26884L109
FLEX	FLEXTRONICS INTL LTD	9,000	$589K	0.9%	$61.77	—	—	Y2573F102
BATRK	ATLANTA BRAVES HLDGS INC	10,000	$427K	0.7%	$39.53	—	—	047726302
ILMN	ILLUMINA INC	3,000	$370K	0.6%	$117.40	—	—	452327109
PLTR	PALANTIR TECHNOLOGIES INC	2,500	$366K	0.6%	$181.03	—	—	69608A108
BRK/B	BERKSHIRE HATHAWAY INC DEL	750	$359K	0.6%	$497.53	—	—	084670702
DOW	DOW HLDGS INC	7,500	$312K	0.5%	$29.05	—	—	260557103
LYB	LYONDELLBASELL INDUSTRIES NV	3,800	$306K	0.5%	$52.41	—	—	N53745100
CTRA	COTERRA ENERGY INC	7,546	$265K	0.4%	$28.33	—	—	127097103
SLB	SLB LIMITED	4,871	$250K	0.4%	$48.30	—	—	806857108
MDB	MONGODB INC	1,000	$245K	0.4%	$363.83	—	—	60937P106

Decreased Positions (13)

CME CME GROUP INC 0.5%

Value $287K (-71.2%) Shares 1,300 (-61.5%) Est. Cost $271.19 Unrealized —

JPM JPMORGAN CHASE & CO 0.7%

Value $426K (-55.7%) Shares 1,300 (-60.2%) Est. Cost $309.53 Unrealized —

WM WASTE MGMT INC DEL 0.5%

Value $334K (-58.0%) Shares 1,500 (-56.6%) Est. Cost $212.55 Unrealized —

UNP UNION PAC CORP 0.5%

Value $326K (-57.1%) Shares 1,200 (-61.7%) Est. Cost $227.32 Unrealized —

V VISA INC 0.4%

Value $274K (-57.3%) Shares 800 (-62.4%) Est. Cost $340.38 Unrealized —

HD HOME DEPOT INC 0.7%

Value $458K (-34.0%) Shares 1,300 (-38.4%) Est. Cost $364.59 Unrealized —

AVGO BROADCOM INC 0.8%

Value $529K (-28.9%) Shares 1,400 (-41.8%) Est. Cost $357.00 Unrealized —

GD GENERAL DYNAMICS CORP 0.3%

Value $213K (-46.3%) Shares 600 (-48.0%) Est. Cost $340.86 Unrealized —

ISRG INTUITIVE SURGICAL INC 0.4%

Value $278K (-32.9%) Shares 700 (-22.2%) Est. Cost $532.37 Unrealized —

GOOG ALPHABET INC 1.5%

Value $954K (-10.3%) Shares 2,700 (-27.2%) Est. Cost $286.33 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.6%

Value $405K (+17.8%) Shares 400 (-1.5%) Est. Cost $813.35 Unrealized —

NVDA NVIDIA CORPORATION 1.6%

Value $1M (+4.3%) Shares 5,000 (-9.1%) Est. Cost $186.13 Unrealized —

APH AMPHENOL CORP 0.4%

Value $282K (+10.9%) Shares 1,600 (-20.5%) Est. Cost $133.54 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CME	CME GROUP INC	1,300 (-61.5%)	$287K (-71.2%)	0.5%	$271.19	—	COM	12572Q105
JPM	JPMORGAN CHASE & CO	1,300 (-60.2%)	$426K (-55.7%)	0.7%	$309.53	—	COM	46625H100
WM	WASTE MGMT INC DEL	1,500 (-56.6%)	$334K (-58.0%)	0.5%	$212.55	—	COM	94106L109
UNP	UNION PAC CORP	1,200 (-61.7%)	$326K (-57.1%)	0.5%	$227.32	—	COM	907818108
V	VISA INC	800 (-62.4%)	$274K (-57.3%)	0.4%	$340.38	—	COM CL A	92826C839
HD	HOME DEPOT INC	1,300 (-38.4%)	$458K (-34.0%)	0.7%	$364.59	—	COM	437076102
AVGO	BROADCOM INC	1,400 (-41.8%)	$529K (-28.9%)	0.8%	$357.00	—	COM	11135F101
GD	GENERAL DYNAMICS CORP	600 (-48.0%)	$213K (-46.3%)	0.3%	$340.86	—	COM	369550108
ISRG	INTUITIVE SURGICAL INC	700 (-22.2%)	$278K (-32.9%)	0.4%	$532.37	—	COM NEW	46120E602
GOOG	ALPHABET INC	2,700 (-27.2%)	$954K (-10.3%)	1.5%	$286.33	—	CAP STK CL C	02079K107
GS	GOLDMAN SACHS GROUP INC	400 (-1.5%)	$405K (+17.8%)	0.6%	$813.35	—	COM	38141G104
NVDA	NVIDIA CORPORATION	5,000 (-9.1%)	$1M (+4.3%)	1.6%	$186.13	—	COM	67066G104
APH	AMPHENOL CORP	1,600 (-20.5%)	$282K (+10.9%)	0.4%	$133.54	—	CL A	032095101