Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FLKR	FRANKLIN FTSE SOUTH KOREA ETF	66,081	$3.973M	5.0%	$60.12	$57.87	+3.9%	ORDINARY SHARES	35473P710
—	MICRON TECHNOLOGY ORD	3,500	$3.728M	4.7%	$1065.14	—	—	CALL	595112903
—	MICRON TECHNOLOGY ORD	3,500	$3.728M	4.7%	$1065.14	—	—	PUT	595112953
IVV	ISHARES CORE S&P 500 ETF	4,699	$3.599M	4.5%	$765.91	$763.10	+0.4%	ORDINARY SHARES	464287200
FLJP	FRANKLIN FTSE JAPAN ETF	81,117	$3.358M	4.2%	$41.40	$40.53	+2.1%	ORDINARY SHARES	35473P744
FLTW	FRANKLIN FTSE TAIWAN ETF	16,572	$1.81M	2.3%	$109.22	$101.53	+7.6%	ORDINARY SHARES	35473P686
AMD	ADVANCED MICRO DEVICES ORD	1,287	$787K	1.0%	$611.50	$514.44	+18.9%	ORDINARY SHARES	007903107
MRK	MERCK & CO ORD	5,160	$750K	0.9%	$145.35	$138.18	+5.2%	ORDINARY SHARES	58933Y105
COP	CONOCOPHILLIPS ORD	4,890	$612K	0.8%	$125.15	$123.91	+1.0%	ORDINARY SHARES	20825C104
XOM	EXXONMOBIL HOLDINGS ORD	3,711	$604K	0.8%	$162.76	$162.76	—	ORDINARY SHARES	30233Q108
CSCO	CISCO SYSTEMS ORD	5,085	$547K	0.7%	$107.57	$112.66	-4.5%	ORDINARY SHARES	17275R102
INTC	INTEL ORD	3,741	$450K	0.6%	$120.29	$102.00	+17.9%	ORDINARY SHARES	458140100
DVN	DEVON ENERGY ORD	9,689	$446K	0.6%	$46.03	$45.90	+0.3%	ORDINARY SHARES	25179M103
EOG	EOG RESOURCES ORD	3,024	$417K	0.5%	$137.90	$142.66	-3.4%	ORDINARY SHARES	26875P101
FANG	DIAMONDBACK ENERGY ORD	2,226	$409K	0.5%	$183.74	$195.68	-6.1%	ORDINARY SHARES	25278X109
ANET	ARISTA NETWORKS ORD	1,787	$364K	0.5%	$203.69	$188.22	+8.2%	ORDINARY SHARES	040413205
CVX	CHEVRON ORD	1,640	$335K	0.4%	$204.27	$196.91	+3.7%	ORDINARY SHARES	166764100
BK	BANK OF NEW YORK MELLON ORD	2,259	$327K	0.4%	$144.75	$144.75	—	ORDINARY SHARES	064058100
BLK	BLACKROCK ORD	278	$294K	0.4%	$1057.55	$1092.14	-3.1%	ORDINARY SHARES	09290D101
USB	US BANCORP ORD	5,007	$289K	0.4%	$57.72	$62.43	-7.5%	ORDINARY SHARES	902973304
OXY	OCCIDENTAL PETROLEUM ORD	5,121	$283K	0.4%	$55.26	$57.15	-3.2%	ORDINARY SHARES	674599105
PNC	PNC FINANCIAL SERVICES GROUP ORD	1,265	$281K	0.4%	$222.13	$245.12	-9.3%	ORDINARY SHARES	693475105
APH	AMPHENOL CL A ORD	3,197	$270K	0.3%	$84.45	$135.67	-37.9%	ORDINARY SHARES	032095101
GEV	GE VERNOVA ORD	277	$263K	0.3%	$949.46	$990.98	-4.1%	ORDINARY SHARES	36828A101
IBKR	INTERACTIVE BROKERS GROUP CL A ORD	2,387	$204K	0.3%	$85.46	$91.51	-6.7%	ORDINARY SHARES	45841N107
STT	STATE STREET ORD	1,166	$204K	0.3%	$174.96	$185.08	-5.7%	ORDINARY SHARES	857477103

Increased Positions (18)

MSFT MICROSOFT ORD 5.8%

Value $4.669M (+157.2%) Shares 9,104 (+87.1%) Share Price $512.85 Est. Cost/Share $487.18 Unrealized @ Report Date +5.3%

TSM TAIWAN SEMICONDUCTOR MNFTG ADR 5 ORD 3.8%

Value $3.019M (+214.8%) Shares 6,618 (+229.6%) Share Price $456.18 Est. Cost/Share $351.35 Unrealized @ Report Date +29.8%

MU MICRON TECHNOLOGY ORD 2.3%

Value $1.872M (+166.3%) Shares 1,758 (+188.7%) Share Price $1064.85 Est. Cost/Share $665.11 Unrealized @ Report Date +60.1%

META META PLATFORMS CL A ORD 2.3%

Value $1.865M (+147.7%) Shares 2,572 (+92.5%) Share Price $725.12 Est. Cost/Share $686.01 Unrealized @ Report Date +5.7%

AMZN AMAZON COM ORD 4.3%

Value $3.472M (+47.0%) Shares 13,934 (+40.6%) Share Price $249.17 Est. Cost/Share $237.37 Unrealized @ Report Date +5.0%

NVDA NVIDIA ORD 5.9%

Value $4.673M (+30.6%) Shares 20,461 (+14.4%) Share Price $228.39 Est. Cost/Share $181.56 Unrealized @ Report Date +25.8%

V VISA CL A ORD 2.0%

Value $1.559M (+37.6%) Shares 4,339 (+31.4%) Share Price $359.30 Est. Cost/Share $331.68 Unrealized @ Report Date +8.3%

GOOGL ALPHABET CL A ORD 4.4%

Value $3.545M (+9.8%) Shares 10,304 (+14.0%) Share Price $344.04 Est. Cost/Share $241.26 Unrealized @ Report Date +42.6%

MA MASTERCARD CL A ORD 0.8%

Value $624K (+67.7%) Shares 1,132 (+56.4%) Share Price $551.24 Est. Cost/Share $521.55 Unrealized @ Report Date +5.7%

PANW PALO ALTO NETWORKS ORD 0.7%

Value $575K (+62.4%) Shares 1,448 (+39.6%) Share Price $397.10 Est. Cost/Share $264.93 Unrealized @ Report Date +50.0%

CAT CATERPILLAR ORD 0.8%

Value $673K (-21.6%) Shares 830 (+3.0%) Share Price $810.84 Est. Cost/Share $467.98 Unrealized @ Report Date +73.3%

GLW CORNING ORD 0.4%

Value $350K (-32.6%) Shares 2,275 (+12.1%) Share Price $153.85 Est. Cost/Share $179.46 Unrealized @ Report Date -14.3%

LLY ELI LILLY ORD 2.4%

Value $1.899M (+7.0%) Shares 1,641 (+10.9%) Share Price $1157.22 Est. Cost/Share $1037.26 Unrealized @ Report Date +11.6%

WFC WELLS FARGO ORD 0.6%

Value $470K (+32.4%) Shares 5,873 (+36.9%) Share Price $80.03 Est. Cost/Share $82.53 Unrealized @ Report Date -3.0%

LNG CHENIERE ENERGY ORD 0.8%

Value $632K (+19.7%) Shares 2,349 (+6.3%) Share Price $269.05 Est. Cost/Share $250.25 Unrealized @ Report Date +7.5%

AMAT APPLIED MATERIAL ORD 0.7%

Value $580K (-13.3%) Shares 1,135 (+22.7%) Share Price $511.01 Est. Cost/Share $469.97 Unrealized @ Report Date +8.8%

BAC BANK OF AMERICA ORD 1.1%

Value $875K (+10.9%) Shares 16,074 (+16.1%) Share Price $54.44 Est. Cost/Share $50.99 Unrealized @ Report Date +6.7%

LRCX LAM RESEARCH ORD 0.8%

Value $629K (-7.9%) Shares 1,914 (+21.4%) Share Price $328.63 Est. Cost/Share $189.31 Unrealized @ Report Date +73.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSFT	MICROSOFT ORD	9,104 (+87.1%)	$4.669M (+157.2%)	5.8%	$512.85	$487.18	+5.3%	ORDINARY SHARES	594918104
TSM	TAIWAN SEMICONDUCTOR MNFTG ADR 5 ORD	6,618 (+229.6%)	$3.019M (+214.8%)	3.8%	$456.18	$351.35	+29.8%	ORDINARY SHARES	874039100
MU	MICRON TECHNOLOGY ORD	1,758 (+188.7%)	$1.872M (+166.3%)	2.3%	$1064.85	$665.11	+60.1%	ORDINARY SHARES	595112103
META	META PLATFORMS CL A ORD	2,572 (+92.5%)	$1.865M (+147.7%)	2.3%	$725.12	$686.01	+5.7%	ORDINARY SHARES	30303M102
AMZN	AMAZON COM ORD	13,934 (+40.6%)	$3.472M (+47.0%)	4.3%	$249.17	$237.37	+5.0%	ORDINARY SHARES	023135106
NVDA	NVIDIA ORD	20,461 (+14.4%)	$4.673M (+30.6%)	5.9%	$228.39	$181.56	+25.8%	ORDINARY SHARES	67066G104
V	VISA CL A ORD	4,339 (+31.4%)	$1.559M (+37.6%)	2.0%	$359.30	$331.68	+8.3%	ORDINARY SHARES	92826C839
GOOGL	ALPHABET CL A ORD	10,304 (+14.0%)	$3.545M (+9.8%)	4.4%	$344.04	$241.26	+42.6%	ORDINARY SHARES	02079K305
MA	MASTERCARD CL A ORD	1,132 (+56.4%)	$624K (+67.7%)	0.8%	$551.24	$521.55	+5.7%	ORDINARY SHARES	57636Q104
PANW	PALO ALTO NETWORKS ORD	1,448 (+39.6%)	$575K (+62.4%)	0.7%	$397.10	$264.93	+50.0%	ORDINARY SHARES	697435105
CAT	CATERPILLAR ORD	830 (+3.0%)	$673K (-21.6%)	0.8%	$810.84	$467.98	+73.3%	ORDINARY SHARES	149123101
GLW	CORNING ORD	2,275 (+12.1%)	$350K (-32.6%)	0.4%	$153.85	$179.46	-14.3%	ORDINARY SHARES	219350105
LLY	ELI LILLY ORD	1,641 (+10.9%)	$1.899M (+7.0%)	2.4%	$1157.22	$1037.26	+11.6%	ORDINARY SHARES	532457108
WFC	WELLS FARGO ORD	5,873 (+36.9%)	$470K (+32.4%)	0.6%	$80.03	$82.53	-3.0%	ORDINARY SHARES	949746101
LNG	CHENIERE ENERGY ORD	2,349 (+6.3%)	$632K (+19.7%)	0.8%	$269.05	$250.25	+7.5%	ORDINARY SHARES	16411R208
AMAT	APPLIED MATERIAL ORD	1,135 (+22.7%)	$580K (-13.3%)	0.7%	$511.01	$469.97	+8.8%	ORDINARY SHARES	038222105
BAC	BANK OF AMERICA ORD	16,074 (+16.1%)	$875K (+10.9%)	1.1%	$54.44	$50.99	+6.7%	ORDINARY SHARES	060505104
LRCX	LAM RESEARCH ORD	1,914 (+21.4%)	$629K (-7.9%)	0.8%	$328.63	$189.31	+73.5%	ORDINARY SHARES	512807306

Exited Positions (14)

EMXC ISHARES MSCI EMERGING MARKETS ETF 14.2%

Value $11.36M Shares 111,013 Share Price $102.30 * Est. Cost/Share $74.98 Unrealized @ Report Date +32.1%

VTWO VANGUARD RUSSELL 2000 ETF 2.2%

Value $1.774M Shares 14,610 Share Price $121.42 * Est. Cost/Share $113.54 Unrealized @ Report Date -1.1%

RSP INVSC S P 500 EQUAL WEIGHT ETF 2.2%

Value $1.74M Shares 8,176 Share Price $212.82 * Est. Cost/Share $204.64 Unrealized @ Report Date +1.6%

SMERY SIEMENS ENERGY ADR 1.3%

Value $1.06M Shares 27,795 Share Price $38.14 * Est. Cost/Share $34.58 Unrealized @ Report Date -6.1%

VMC VULCAN MATERIALS ORD 0.8%

Value $642K Shares 2,176 Share Price $295.04 * Est. Cost/Share $292.48 Unrealized @ Report Date -16.4%

MLM MARTIN MARIETTA MATERIALS ORD 0.8%

Value $601K Shares 1,043 Share Price $576.22 * Est. Cost/Share $619.71 Unrealized @ Report Date -22.6%

NGLOY ANGLO AMERICAN ADR 0.7%

Value $597K Shares 24,152 Share Price $24.72 * Est. Cost/Share $19.54 Unrealized @ Report Date +37.4%

NUE NUCOR ORD 0.5%

Value $371K Shares 1,664 Share Price $222.96 * Est. Cost/Share $226.33 Unrealized @ Report Date +3.3%

GLNCY GLENCORE ADR 0.4%

Value $331K Shares 24,345 Share Price $13.60 * Est. Cost/Share $13.52 Unrealized @ Report Date +8.2%

SBGSY SCHNEIDER ELEC ADR 0.4%

Value $311K Shares 4,765 Share Price $65.27 Est. Cost/Share $62.73 Unrealized @ Report Date +4.8%

NVO NOVO NORDISK ADR REPSG 1 ORD 0.4%

Value $308K Shares 6,433 Share Price $47.88 * Est. Cost/Share $42.96 Unrealized @ Report Date -11.8%

BE BLOOM ENERGY CL A ORD 0.3%

Value $267K Shares 881 Share Price $303.06 * Est. Cost/Share $256.20 Unrealized @ Report Date +8.1%

ABBNY ABB ADR REP 1 ORD 0.3%

Value $263K Shares 2,420 Share Price $108.68 * Est. Cost/Share $100.85 Unrealized @ Report Date -6.1%

CCJ CAMECO ORD 0.3%

Value $237K Shares 2,322 Share Price $102.07 * Est. Cost/Share $77.39 Unrealized @ Report Date +12.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
EMXC	ISHARES MSCI EMERGING MARKETS ETF	111,013	$11.36M	14.2%	$102.30 *	$74.98	+32.1%	—	46434G764
VTWO	VANGUARD RUSSELL 2000 ETF	14,610	$1.774M	2.2%	$121.42 *	$113.54	-1.1%	—	92206C664
RSP	INVSC S P 500 EQUAL WEIGHT ETF	8,176	$1.74M	2.2%	$212.82 *	$204.64	+1.6%	—	46137V357
SMERY	SIEMENS ENERGY ADR	27,795	$1.06M	1.3%	$38.14 *	$34.58	-6.1%	—	82621A203
VMC	VULCAN MATERIALS ORD	2,176	$642K	0.8%	$295.04 *	$292.48	-16.4%	—	929160109
MLM	MARTIN MARIETTA MATERIALS ORD	1,043	$601K	0.8%	$576.22 *	$619.71	-22.6%	—	573284106
NGLOY	ANGLO AMERICAN ADR	24,152	$597K	0.7%	$24.72 *	$19.54	+37.4%	—	03485P409
NUE	NUCOR ORD	1,664	$371K	0.5%	$222.96 *	$226.33	+3.3%	—	670346105
GLNCY	GLENCORE ADR	24,345	$331K	0.4%	$13.60 *	$13.52	+8.2%	—	37827X100
SBGSY	SCHNEIDER ELEC ADR	4,765	$311K	0.4%	$65.27	$62.73	+4.8%	—	80687P106
NVO	NOVO NORDISK ADR REPSG 1 ORD	6,433	$308K	0.4%	$47.88 *	$42.96	-11.8%	—	670100205
BE	BLOOM ENERGY CL A ORD	881	$267K	0.3%	$303.06 *	$256.20	+8.1%	—	093712107
ABBNY	ABB ADR REP 1 ORD	2,420	$263K	0.3%	$108.68 *	$100.85	-6.1%	—	000375204
CCJ	CAMECO ORD	2,322	$237K	0.3%	$102.07 *	$77.39	+12.0%	—	13321L108

Decreased Positions (10)

IEMG ISHARES CORE MSCI EMERGING ETF 3.9%

Value $3.103M (-77.4%) Shares 38,231 (-76.9%) Share Price $81.16 Est. Cost/Share $66.68 Unrealized @ Report Date +21.7%

UNP UNION PACIFIC ORD 0.7%

Value $580K (-27.0%) Shares 2,133 (-27.0%) Share Price $271.92 Est. Cost/Share $255.53 Unrealized @ Report Date +6.5%

CSX CSX ORD 0.6%

Value $468K (-28.4%) Shares 10,063 (-26.8%) Share Price $46.51 Est. Cost/Share $45.15 Unrealized @ Report Date +3.0%

ASML ASML HOLDING ADR REP ORD 1.2%

Value $967K (-14.0%) Shares 534 (-5.5%) Share Price $1810.86 Est. Cost/Share $1121.58 Unrealized @ Report Date +61.5%

ETN EATON ORD 0.7%

Value $557K (-19.4%) Shares 1,297 (-20.0%) Share Price $429.45 Est. Cost/Share $362.45 Unrealized @ Report Date +18.6%

DHR DANAHER ORD 0.5%

Value $386K (-24.3%) Shares 1,741 (-34.9%) Share Price $221.71 Est. Cost/Share $181.57 Unrealized @ Report Date +22.0%

AAPL APPLE ORD 3.5%

Value $2.798M (+3.9%) Shares 8,402 (-9.7%) Share Price $333.02 Est. Cost/Share $286.04 Unrealized @ Report Date +16.4%

ISRG INTUITIVE SURGICAL ORD 0.5%

Value $379K (-21.0%) Shares 933 (-22.8%) Share Price $406.22 Est. Cost/Share $436.88 Unrealized @ Report Date -6.9%

VLO VALERO ENERGY ORD 0.6%

Value $440K (-6.8%) Shares 1,136 (-37.3%) Share Price $387.32 Est. Cost/Share $246.22 Unrealized @ Report Date +57.4%

TMO THERMO FISHER SCIENTIFIC ORD 1.0%

Value $761K (+4.0%) Shares 1,127 (-22.8%) Share Price $675.24 Est. Cost/Share $480.05 Unrealized @ Report Date +40.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IEMG	ISHARES CORE MSCI EMERGING ETF	38,231 (-76.9%)	$3.103M (-77.4%)	3.9%	$81.16	$66.68	+21.7%	ORDINARY SHARES	46434G103
UNP	UNION PACIFIC ORD	2,133 (-27.0%)	$580K (-27.0%)	0.7%	$271.92	$255.53	+6.5%	ORDINARY SHARES	907818108
CSX	CSX ORD	10,063 (-26.8%)	$468K (-28.4%)	0.6%	$46.51	$45.15	+3.0%	ORDINARY SHARES	126408103
ASML	ASML HOLDING ADR REP ORD	534 (-5.5%)	$967K (-14.0%)	1.2%	$1810.86	$1121.58	+61.5%	ORDINARY SHARES	N07059210
ETN	EATON ORD	1,297 (-20.0%)	$557K (-19.4%)	0.7%	$429.45	$362.45	+18.6%	ORDINARY SHARES	G29183103
DHR	DANAHER ORD	1,741 (-34.9%)	$386K (-24.3%)	0.5%	$221.71	$181.57	+22.0%	ORDINARY SHARES	235851102
AAPL	APPLE ORD	8,402 (-9.7%)	$2.798M (+3.9%)	3.5%	$333.02	$286.04	+16.4%	ORDINARY SHARES	037833100
ISRG	INTUITIVE SURGICAL ORD	933 (-22.8%)	$379K (-21.0%)	0.5%	$406.22	$436.88	-6.9%	ORDINARY SHARES	46120E602
VLO	VALERO ENERGY ORD	1,136 (-37.3%)	$440K (-6.8%)	0.6%	$387.32	$246.22	+57.4%	ORDINARY SHARES	91913Y100
TMO	THERMO FISHER SCIENTIFIC ORD	1,127 (-22.8%)	$761K (+4.0%)	1.0%	$675.24	$480.05	+40.6%	ORDINARY SHARES	883556102

Unchanged Positions (10)

FCX FREEPORT MCMORAN ORD 1.9%

Value $1.515M Shares 21,640 Share Price $70.01 Est. Cost/Share $45.18 Unrealized @ Report Date +54.9%

MS MORGAN STANLEY ORD 1.1%

Value $906K Shares 4,816 Share Price $188.12 Est. Cost/Share $154.18 Unrealized @ Report Date +22.0%

GS GOLDMAN SACHS GROUP ORD 1.0%

Value $800K Shares 889 Share Price $899.89 Est. Cost/Share $774.00 Unrealized @ Report Date +16.3%

AVGO BROADCOM ORD 1.6%

Value $1.274M Shares 3,628 Share Price $351.16 Est. Cost/Share $321.85 Unrealized @ Report Date +9.1%

C CITIGROUP ORD 1.2%

Value $942K Shares 7,273 Share Price $129.52 Est. Cost/Share $106.38 Unrealized @ Report Date +21.7%

TECK TECK RESOURCES CL B ORD 0.9%

Value $718K Shares 10,917 Share Price $65.77 Est. Cost/Share $44.42 Unrealized @ Report Date +48.1%

MRVL MARVELL TECHNOLOGY ORD 0.5%

Value $418K Shares 1,581 Share Price $264.39 Est. Cost/Share $200.51 Unrealized @ Report Date +31.8%

DE DEERE ORD 0.8%

Value $603K Shares 898 Share Price $671.49 Est. Cost/Share $513.03 Unrealized @ Report Date +30.9%

JPM JPMORGAN CHASE ORD 1.9%

Value $1.502M Shares 4,540 Share Price $330.84 Est. Cost/Share $300.16 Unrealized @ Report Date +10.2%

BHP BHP GROUP ADR 0.6%

Value $443K Shares 5,222 Share Price $84.83 Est. Cost/Share $70.67 Unrealized @ Report Date +20.1%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FCX	FREEPORT MCMORAN ORD	21,640	$1.515M	1.9%	$70.01	$45.18	+54.9%	ORDINARY SHARES	35671D857
MS	MORGAN STANLEY ORD	4,816	$906K	1.1%	$188.12	$154.18	+22.0%	ORDINARY SHARES	617446448
GS	GOLDMAN SACHS GROUP ORD	889	$800K	1.0%	$899.89	$774.00	+16.3%	ORDINARY SHARES	38141G104
AVGO	BROADCOM ORD	3,628	$1.274M	1.6%	$351.16	$321.85	+9.1%	ORDINARY SHARES	11135F101
C	CITIGROUP ORD	7,273	$942K	1.2%	$129.52	$106.38	+21.7%	ORDINARY SHARES	172967424
TECK	TECK RESOURCES CL B ORD	10,917	$718K	0.9%	$65.77	$44.42	+48.1%	ORDINARY SHARES	878742204
MRVL	MARVELL TECHNOLOGY ORD	1,581	$418K	0.5%	$264.39	$200.51	+31.8%	ORDINARY SHARES	573874104
DE	DEERE ORD	898	$603K	0.8%	$671.49	$513.03	+30.9%	ORDINARY SHARES	244199105
JPM	JPMORGAN CHASE ORD	4,540	$1.502M	1.9%	$330.84	$300.16	+10.2%	ORDINARY SHARES	46625H100
BHP	BHP GROUP ADR	5,222	$443K	0.6%	$84.83	$70.67	+20.1%	ORDINARY SHARES	088606108