Heron Bay Capital Management Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TREX	TREX CO INC	53,095	$1,863	0.4%	$40.45	0.0%	COM	89531P105
PYPL	PAYPAL HLDGS INC	23,736	$1,386	0.3%	$64.84	0.0%	COM	70450Y103
NATR	NATURES SUNSHINE PRODS INC	12,733	$275	0.1%	$18.34	0.0%	COM	639027101
CRTO	CRITEO S A	11,753	$242	0.0%	$20.61	—	SPONS ADS	226718104
TACT	TRANSACT TECHNOLOGIES INC	59,022	$236	0.0%	$4.53	0.0%	COM	892918103
MU	MICRON TECHNOLOGY INC	797	$227	0.0%	$229.35	0.0%	COM	595112103
OOMA	OOMA INC	17,803	$209	0.0%	$11.41	0.0%	COM	683416101
UUU	UNIVERSAL SAFETY PRODS INC	36,024	$186	0.0%	$4.68	0.0%	COM NEW	913821302
SLSR	SOLARIS RES INC	17,543	$140	0.0%	$6.93	0.0%	COM NEW	83419D201
AUNA	AUNA S A	28,098	$138	0.0%	$5.42	0.0%	CLASS A	L0415A103
SSSS	SURO CAPITAL CORP	14,513	$137	0.0%	$9.41	0.0%	COM NEW	86887Q109
ULBI	ULTRALIFE CORP	22,223	$127	0.0%	$6.17	0.0%	COM	903899102
TBLA	TABOOLA.COM LTD	27,509	$127	0.0%	$3.76	0.0%	ORD SHS	M8744T106
FRSH	FRESHWORKS INC	10,268	$126	0.0%	$11.82	0.0%	CLASS A COM	358054104
PBYI	PUMA BIOTECHNOLOGY INC	20,056	$119	0.0%	$5.31	0.0%	COM	74587V107
TYGO	TIGO ENERGY INC	55,179	$76	0.0%	$2.00	0.0%	COM	88675P103
TG	TREDEGAR CORP	10,551	$76	0.0%	$7.58	0.0%	COM	894650100
NEPH	NEPHROS INC	13,471	$66	0.0%	$5.11	0.0%	COM	640671400

Increased Positions (21)

CCSI CONSENSUS CLOUD SOLUTIONS IN 5.2%

Value ($000) $27,351 (-22.6%) Shares 1,253,487 (+4.1%) Est. Cost $26.16 Unrealized -5.9%

FDS FACTSET RESH SYS INC 4.4%

Value ($000) $22,900 (+44.4%) Shares 78,915 (+42.6%) Est. Cost $351.87 Unrealized -20.4%

CPAY CORPAY INC 2.0%

Value ($000) $10,747 (+86.9%) Shares 35,712 (+78.9%) Est. Cost $292.50 Unrealized -0.7%

LPLA LPL FINL HLDGS INC 5.7%

Value ($000) $29,940 (+12.8%) Shares 83,827 (+5.1%) Est. Cost $212.78 Unrealized +66.2%

— ABRDN HEALTHCARE OPPORTUNITI 2.2%

Value ($000) $11,339 (+33.5%) Shares 592,723 (+20.6%) Est. Cost $18.53 Unrealized —

KKR KKR & CO INC 2.5%

Value ($000) $13,322 (+13.2%) Shares 104,505 (+15.4%) Est. Cost $92.03 Unrealized +35.0%

ZBRA ZEBRA TECHNOLOGIES CORPORATI 1.6%

Value ($000) $8,606 (-15.0%) Shares 35,443 (+4.0%) Est. Cost $290.58 Unrealized -8.0%

LNTH LANTHEUS HLDGS INC 0.3%

Value ($000) $1,650 (+91.5%) Shares 24,788 (+47.6%) Est. Cost $61.11 Unrealized -4.8%

PRGS PROGRESS SOFTWARE CORP 2.2%

Value ($000) $11,378 (+1.8%) Shares 264,862 (+4.1%) Est. Cost $51.25 Unrealized -15.0%

EXPE EXPEDIA GROUP INC 0.1%

Value ($000) $533 (+40.5%) Shares 1,880 (+6.0%) Est. Cost $141.59 Unrealized +74.4%

ADBE ADOBE INC 1.2%

Value ($000) $6,078 (+2.2%) Shares 17,367 (+3.0%) Est. Cost $358.21 Unrealized -5.1%

NVDA NVIDIA CORPORATION 0.1%

Value ($000) $485 (+19.4%) Shares 2,600 (+19.4%) Est. Cost $144.82 Unrealized +28.5%

ASML ASML HOLDING N V 0.1%

Value ($000) $527 (+14.9%) Shares 493 (+4.0%) Est. Cost $972.01 Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.1%

Value ($000) $470 (+11.9%) Shares 1,547 (+2.9%) Est. Cost $104.81 Unrealized —

CCLD CARECLOUD INC 0.1%

Value ($000) $271 (+13.1%) Shares 92,739 (+24.3%) Est. Cost $2.65 Unrealized +19.6%

BTMD BIOTE CORP 0.0%

Value ($000) $83 (+58.8%) Shares 31,893 (+83.2%) Est. Cost $3.26 Unrealized -16.0%

MAPS WM TECHNOLOGY INC 0.0%

Value ($000) $57 (-26.6%) Shares 69,029 (+3.2%) Est. Cost $1.07 Unrealized -8.2%

OPRT OPORTUN FINL CORP 0.0%

Value ($000) $136 (-10.3%) Shares 25,761 (+4.6%) Est. Cost $4.13 Unrealized +27.7%

HFFG HF FOODS GROUP INC 0.0%

Value ($000) $130 (-8.8%) Shares 60,285 (+17.1%) Est. Cost $3.31 Unrealized -27.3%

EGHT 8X8 INC NEW 0.0%

Value ($000) $87 (-4.5%) Shares 44,258 (+2.8%) Est. Cost $2.55 Unrealized -23.0%

BN BROOKFIELD CORP 0.2%

Value ($000) $885 (-0.2%) Shares 19,286 (+49.1%) Est. Cost $29.56 Unrealized +54.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCSI	CONSENSUS CLOUD SOLUTIONS IN	1,253,487 (+4.1%)	$27,351 (-22.6%)	5.2%	$26.16	-5.9%	COM	20848V105
FDS	FACTSET RESH SYS INC	78,915 (+42.6%)	$22,900 (+44.4%)	4.4%	$351.87	-20.4%	COM	303075105
CPAY	CORPAY INC	35,712 (+78.9%)	$10,747 (+86.9%)	2.0%	$292.50	-0.7%	COM SHS	219948106
LPLA	LPL FINL HLDGS INC	83,827 (+5.1%)	$29,940 (+12.8%)	5.7%	$212.78	+66.2%	COM	50212V100
—	ABRDN HEALTHCARE OPPORTUNITI	592,723 (+20.6%)	$11,339 (+33.5%)	2.2%	$18.53	—	SHS	879105104
KKR	KKR & CO INC	104,505 (+15.4%)	$13,322 (+13.2%)	2.5%	$92.03	+35.0%	COM	48251W104
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	35,443 (+4.0%)	$8,606 (-15.0%)	1.6%	$290.58	-8.0%	CL A	989207105
LNTH	LANTHEUS HLDGS INC	24,788 (+47.6%)	$1,650 (+91.5%)	0.3%	$61.11	-4.8%	COM	516544103
PRGS	PROGRESS SOFTWARE CORP	264,862 (+4.1%)	$11,378 (+1.8%)	2.2%	$51.25	-15.0%	COM	743312100
EXPE	EXPEDIA GROUP INC	1,880 (+6.0%)	$533 (+40.5%)	0.1%	$141.59	+74.4%	COM NEW	30212P303
ADBE	ADOBE INC	17,367 (+3.0%)	$6,078 (+2.2%)	1.2%	$358.21	-5.1%	COM	00724F101
NVDA	NVIDIA CORPORATION	2,600 (+19.4%)	$485 (+19.4%)	0.1%	$144.82	+28.5%	COM	67066G104
ASML	ASML HOLDING N V	493 (+4.0%)	$527 (+14.9%)	0.1%	$972.01	—	N Y REGISTRY SHS	N07059210
TSM	TAIWAN SEMICONDUCTOR MFG LTD	1,547 (+2.9%)	$470 (+11.9%)	0.1%	$104.81	—	SPONSORED ADS	874039100
CCLD	CARECLOUD INC	92,739 (+24.3%)	$271 (+13.1%)	0.1%	$2.65	+19.6%	COM	14167R100
BTMD	BIOTE CORP	31,893 (+83.2%)	$83 (+58.8%)	0.0%	$3.26	-16.0%	CLASS A COM	090683103
MAPS	WM TECHNOLOGY INC	69,029 (+3.2%)	$57 (-26.6%)	0.0%	$1.07	-8.2%	COM	92971A109
OPRT	OPORTUN FINL CORP	25,761 (+4.6%)	$136 (-10.3%)	0.0%	$4.13	+27.7%	COM	68376D104
HFFG	HF FOODS GROUP INC	60,285 (+17.1%)	$130 (-8.8%)	0.0%	$3.31	-27.3%	COM	40417F109
EGHT	8X8 INC NEW	44,258 (+2.8%)	$87 (-4.5%)	0.0%	$2.55	-23.0%	COM	282914100
BN	BROOKFIELD CORP	19,286 (+49.1%)	$885 (-0.2%)	0.2%	$29.56	+54.1%	CL A LTD VT SH	11271J107

Exited Positions (15)

NVO NOVO-NORDISK A S 0.1%

Value ($000) $348 Shares 6,266 Est. Cost $67.94 Unrealized —

TGEN TECOGEN INC NEW 0.1%

Value ($000) $327 Shares 37,167 Est. Cost $4.01 Unrealized +87.3%

BKTI BK TECHNOLOGIES CORPORATION 0.0%

Value ($000) $262 Shares 3,098 Est. Cost $44.70 Unrealized +60.3%

NCSM NCS MULTISTAGE HLDGS INC 0.0%

Value ($000) $222 Shares 4,353 Est. Cost $37.49 Unrealized +6.6%

BAM BROOKFIELD ASSET MANAGMT LTD 0.0%

Value ($000) $213 Shares 3,735 Est. Cost $52.57 Unrealized +1.7%

SNCR SYNCHRONOSS TECHNOLOGIES INC 0.0%

Value ($000) $201 Shares 33,099 Est. Cost $10.43 Unrealized —

ZDGE ZEDGE INC 0.0%

Value ($000) $170 Shares 58,338 Est. Cost $2.73 Unrealized +6.1%

RSSS RESEARCH SOLUTIONS INC 0.0%

Value ($000) $162 Shares 43,306 Est. Cost $3.10 Unrealized +0.6%

CHCI COMSTOCK HLDG COS INC 0.0%

Value ($000) $154 Shares 11,013 Est. Cost $7.29 Unrealized +87.7%

RNGR RANGER ENERGY SVCS INC 0.0%

Value ($000) $152 Shares 10,801 Est. Cost $12.00 Unrealized +13.2%

UEIC UNIVERSAL ELECTRS INC 0.0%

Value ($000) $148 Shares 31,737 Est. Cost $5.50 Unrealized -33.9%

DH DEFINITIVE HEALTHCARE CORP 0.0%

Value ($000) $110 Shares 26,977 Est. Cost $4.01 Unrealized -30.8%

MSGM MOTORSPORT GAMES INC 0.0%

Value ($000) $106 Shares 37,983 Est. Cost $2.37 Unrealized +15.7%

SCOR COMSCORE INC 0.0%

Value ($000) $88 Shares 10,112 Est. Cost $6.69 Unrealized +7.0%

TEAD TEADS HLDG CO 0.0%

Value ($000) $51 Shares 31,059 Est. Cost $5.57 Unrealized -81.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVO	NOVO-NORDISK A S	6,266	$348	0.1%	$67.94	—	—	670100205
TGEN	TECOGEN INC NEW	37,167	$327	0.1%	$4.01	+87.3%	—	87876P201
BKTI	BK TECHNOLOGIES CORPORATION	3,098	$262	0.0%	$44.70	+60.3%	—	05587G203
NCSM	NCS MULTISTAGE HLDGS INC	4,353	$222	0.0%	$37.49	+6.6%	—	628877201
BAM	BROOKFIELD ASSET MANAGMT LTD	3,735	$213	0.0%	$52.57	+1.7%	—	113004105
SNCR	SYNCHRONOSS TECHNOLOGIES INC	33,099	$201	0.0%	$10.43	—	—	87157B400
ZDGE	ZEDGE INC	58,338	$170	0.0%	$2.73	+6.1%	—	98923T104
RSSS	RESEARCH SOLUTIONS INC	43,306	$162	0.0%	$3.10	+0.6%	—	761025105
CHCI	COMSTOCK HLDG COS INC	11,013	$154	0.0%	$7.29	+87.7%	—	205684202
RNGR	RANGER ENERGY SVCS INC	10,801	$152	0.0%	$12.00	+13.2%	—	75282U104
UEIC	UNIVERSAL ELECTRS INC	31,737	$148	0.0%	$5.50	-33.9%	—	913483103
DH	DEFINITIVE HEALTHCARE CORP	26,977	$110	0.0%	$4.01	-30.8%	—	24477E103
MSGM	MOTORSPORT GAMES INC	37,983	$106	0.0%	$2.37	+15.7%	—	62011B201
SCOR	COMSCORE INC	10,112	$88	0.0%	$6.69	+7.0%	—	20564W204
TEAD	TEADS HLDG CO	31,059	$51	0.0%	$5.57	-81.0%	—	69002R103

Decreased Positions (36)

GOOGL ALPHABET INC 5.4%

Value ($000) $28,483 (-13.8%) Shares 91,001 (-33.1%) Est. Cost $125.75 Unrealized +127.1%

— EATON VANCE TAX-MANAGED DIVE 0.5%

Value ($000) $2,751 (-57.2%) Shares 179,361 (-55.6%) Est. Cost $12.91 Unrealized —

TNET TRINET GROUP INC 0.9%

Value ($000) $4,650 (-43.2%) Shares 78,635 (-35.8%) Est. Cost $79.55 Unrealized -25.7%

POOL POOL CORP 0.3%

Value ($000) $1,637 (-61.5%) Shares 7,155 (-47.8%) Est. Cost $338.90 Unrealized -23.4%

META META PLATFORMS INC 3.0%

Value ($000) $15,622 (-11.2%) Shares 23,667 (-1.2%) Est. Cost $215.23 Unrealized +210.0%

LRCX LAM RESEARCH CORP 2.7%

Value ($000) $13,953 (+15.4%) Shares 81,512 (-9.8%) Est. Cost $75.33 Unrealized +106.3%

ULTA ULTA BEAUTY INC 3.1%

Value ($000) $16,450 (-8.8%) Shares 27,189 (-17.6%) Est. Cost $407.31 Unrealized +35.0%

ZTS ZOETIS INC 1.0%

Value ($000) $5,137 (-18.8%) Shares 40,829 (-5.5%) Est. Cost $158.70 Unrealized -17.9%

ETSY ETSY INC 0.1%

Value ($000) $744 (-56.8%) Shares 13,426 (-48.3%) Est. Cost $55.49 Unrealized +10.0%

ENPH ENPHASE ENERGY INC 0.0%

Value ($000) $226 (-78.3%) Shares 7,036 (-76.0%) Est. Cost $37.15 Unrealized -12.8%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.3%

Value ($000) $7,025 (-9.1%) Shares 13,975 (-9.0%) Est. Cost $281.09 Unrealized +77.0%

CRM SALESFORCE INC 1.8%

Value ($000) $9,200 (+8.2%) Shares 34,727 (-3.2%) Est. Cost $280.70 Unrealized -11.6%

MCK MCKESSON CORP 2.6%

Value ($000) $13,819 (-4.8%) Shares 16,846 (-10.3%) Est. Cost $294.80 Unrealized +176.7%

SCHW SCHWAB CHARLES CORP 4.6%

Value ($000) $23,999 (-2.5%) Shares 240,206 (-6.9%) Est. Cost $58.31 Unrealized +62.5%

CHKP CHECK POINT SOFTWARE TECH LT 0.7%

Value ($000) $3,772 (-12.3%) Shares 20,326 (-2.2%) Est. Cost $124.35 Unrealized +55.5%

ROK ROCKWELL AUTOMATION INC 2.7%

Value ($000) $14,228 (+2.7%) Shares 36,569 (-7.7%) Est. Cost $245.33 Unrealized +52.9%

TXN TEXAS INSTRS INC 0.8%

Value ($000) $4,274 (-6.6%) Shares 24,636 (-1.1%) Est. Cost $149.39 Unrealized +14.3%

QRVO QORVO INC 0.2%

Value ($000) $1,013 (-21.7%) Shares 11,983 (-15.6%) Est. Cost $80.24 Unrealized +10.0%

AMZN AMAZON COM INC 3.9%

Value ($000) $20,215 (-1.3%) Shares 87,577 (-6.1%) Est. Cost $132.92 Unrealized +72.1%

NICE NICE LTD 0.1%

Value ($000) $386 (-38.5%) Shares 3,417 (-21.2%) Est. Cost $144.78 Unrealized —

GOOG ALPHABET INC 0.8%

Value ($000) $4,420 (+3.9%) Shares 14,084 (-19.4%) Est. Cost $116.72 Unrealized +145.3%

BMY BRISTOL-MYERS SQUIBB CO 0.2%

Value ($000) $1,045 (+17.8%) Shares 19,379 (-1.5%) Est. Cost $51.38 Unrealized -7.5%

BTM BITCOIN DEPOT INC 0.0%

Value ($000) $76 (-63.6%) Shares 59,065 (-5.2%) Est. Cost $21.25 Unrealized -27.8%

UPLD UPLAND SOFTWARE INC 0.0%

Value ($000) $119 (-42.0%) Shares 83,184 (-3.9%) Est. Cost $2.73 Unrealized -30.2%

AAPL APPLE INC 0.3%

Value ($000) $1,747 (-4.5%) Shares 6,427 (-10.6%) Est. Cost $134.91 Unrealized +98.9%

IMCC IM CANNABIS CORP 0.0%

Value ($000) $36 (-67.8%) Shares 25,875 (-55.5%) Est. Cost $2.09 Unrealized -22.7%

QLTY GMO ETF TRUST 0.1%

Value ($000) $285 (-20.1%) Shares 7,418 (-24.9%) Est. Cost $30.18 Unrealized —

FET FORUM ENERGY TECHNOLOGIES IN 0.1%

Value ($000) $283 (+28.6%) Shares 7,671 (-7.1%) Est. Cost $23.09 Unrealized +34.4%

ESP ESPEY MFG & ELECTRS CORP 0.1%

Value ($000) $272 (+17.6%) Shares 5,776 (-1.1%) Est. Cost $33.42 Unrealized +19.0%

MG MISTRAS GROUP INC 0.0%

Value ($000) $184 (+24.2%) Shares 14,564 (-3.4%) Est. Cost $9.85 Unrealized +14.5%

VNCE VINCE HLDG CORP 0.0%

Value ($000) $114 (-21.1%) Shares 27,989 (-35.4%) Est. Cost $2.93 Unrealized +4.7%

BSCQ INVESCO EXCH TRD SLF IDX FD 0.1%

Value ($000) $537 (-5.3%) Shares 27,450 (-5.3%) Est. Cost $19.30 Unrealized —

HGBL HERITAGE GLOBAL INC 0.0%

Value ($000) $40 (-31.3%) Shares 31,925 (-8.0%) Est. Cost $2.13 Unrealized -34.8%

CPIX CUMBERLAND PHARMACEUTICALS I 0.0%

Value ($000) $116 (+17.6%) Shares 29,189 (-7.8%) Est. Cost $4.74 Unrealized -37.4%

QUAD QUAD / GRAPHICS INC 0.0%

Value ($000) $72 (-11.5%) Shares 11,562 (-11.6%) Est. Cost $5.67 Unrealized +3.8%

QCOM QUALCOMM INC 0.1%

Value ($000) $391 (+1.2%) Shares 2,285 (-1.6%) Est. Cost $158.91 Unrealized +7.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	91,001 (-33.1%)	$28,483 (-13.8%)	5.4%	$125.75	+127.1%	CAP STK CL A	02079K305
—	EATON VANCE TAX-MANAGED DIVE	179,361 (-55.6%)	$2,751 (-57.2%)	0.5%	$12.91	—	COM	27828N102
TNET	TRINET GROUP INC	78,635 (-35.8%)	$4,650 (-43.2%)	0.9%	$79.55	-25.7%	COM	896288107
POOL	POOL CORP	7,155 (-47.8%)	$1,637 (-61.5%)	0.3%	$338.90	-23.4%	COM	73278L105
META	META PLATFORMS INC	23,667 (-1.2%)	$15,622 (-11.2%)	3.0%	$215.23	+210.0%	CL A	30303M102
LRCX	LAM RESEARCH CORP	81,512 (-9.8%)	$13,953 (+15.4%)	2.7%	$75.33	+106.3%	COM NEW	512807306
ULTA	ULTA BEAUTY INC	27,189 (-17.6%)	$16,450 (-8.8%)	3.1%	$407.31	+35.0%	COM	90384S303
ZTS	ZOETIS INC	40,829 (-5.5%)	$5,137 (-18.8%)	1.0%	$158.70	-17.9%	CL A	98978V103
ETSY	ETSY INC	13,426 (-48.3%)	$744 (-56.8%)	0.1%	$55.49	+10.0%	COM	29786A106
ENPH	ENPHASE ENERGY INC	7,036 (-76.0%)	$226 (-78.3%)	0.0%	$37.15	-12.8%	COM	29355A107
BRK/B	BERKSHIRE HATHAWAY INC DEL	13,975 (-9.0%)	$7,025 (-9.1%)	1.3%	$281.09	+77.0%	CL B NEW	084670702
CRM	SALESFORCE INC	34,727 (-3.2%)	$9,200 (+8.2%)	1.8%	$280.70	-11.6%	COM	79466L302
MCK	MCKESSON CORP	16,846 (-10.3%)	$13,819 (-4.8%)	2.6%	$294.80	+176.7%	COM	58155Q103
SCHW	SCHWAB CHARLES CORP	240,206 (-6.9%)	$23,999 (-2.5%)	4.6%	$58.31	+62.5%	COM	808513105
CHKP	CHECK POINT SOFTWARE TECH LT	20,326 (-2.2%)	$3,772 (-12.3%)	0.7%	$124.35	+55.5%	ORD	M22465104
ROK	ROCKWELL AUTOMATION INC	36,569 (-7.7%)	$14,228 (+2.7%)	2.7%	$245.33	+52.9%	COM	773903109
TXN	TEXAS INSTRS INC	24,636 (-1.1%)	$4,274 (-6.6%)	0.8%	$149.39	+14.3%	COM	882508104
QRVO	QORVO INC	11,983 (-15.6%)	$1,013 (-21.7%)	0.2%	$80.24	+10.0%	COM	74736K101
AMZN	AMAZON COM INC	87,577 (-6.1%)	$20,215 (-1.3%)	3.9%	$132.92	+72.1%	COM	023135106
NICE	NICE LTD	3,417 (-21.2%)	$386 (-38.5%)	0.1%	$144.78	—	SPONSORED ADR	653656108
GOOG	ALPHABET INC	14,084 (-19.4%)	$4,420 (+3.9%)	0.8%	$116.72	+145.3%	CAP STK CL C	02079K107
BMY	BRISTOL-MYERS SQUIBB CO	19,379 (-1.5%)	$1,045 (+17.8%)	0.2%	$51.38	-7.5%	COM	110122108
BTM	BITCOIN DEPOT INC	59,065 (-5.2%)	$76 (-63.6%)	0.0%	$21.25	-27.8%	COM	09174P105
UPLD	UPLAND SOFTWARE INC	83,184 (-3.9%)	$119 (-42.0%)	0.0%	$2.73	-30.2%	COM	91544A109
AAPL	APPLE INC	6,427 (-10.6%)	$1,747 (-4.5%)	0.3%	$134.91	+98.9%	COM	037833100
IMCC	IM CANNABIS CORP	25,875 (-55.5%)	$36 (-67.8%)	0.0%	$2.09	-22.7%	COM NEW	44969Q406
QLTY	GMO ETF TRUST	7,418 (-24.9%)	$285 (-20.1%)	0.1%	$30.18	—	GMO US QUALITY E	90139K100
FET	FORUM ENERGY TECHNOLOGIES IN	7,671 (-7.1%)	$283 (+28.6%)	0.1%	$23.09	+34.4%	COM	34984V209
ESP	ESPEY MFG & ELECTRS CORP	5,776 (-1.1%)	$272 (+17.6%)	0.1%	$33.42	+19.0%	COM	296650104
MG	MISTRAS GROUP INC	14,564 (-3.4%)	$184 (+24.2%)	0.0%	$9.85	+14.5%	COM	60649T107
VNCE	VINCE HLDG CORP	27,989 (-35.4%)	$114 (-21.1%)	0.0%	$2.93	+4.7%	COM NEW	92719W207
BSCQ	INVESCO EXCH TRD SLF IDX FD	27,450 (-5.3%)	$537 (-5.3%)	0.1%	$19.30	—	BULSHS 2026 CB	46138J791
HGBL	HERITAGE GLOBAL INC	31,925 (-8.0%)	$40 (-31.3%)	0.0%	$2.13	-34.8%	COM	42727E103
CPIX	CUMBERLAND PHARMACEUTICALS I	29,189 (-7.8%)	$116 (+17.6%)	0.0%	$4.74	-37.4%	COM	230770109
QUAD	QUAD / GRAPHICS INC	11,562 (-11.6%)	$72 (-11.5%)	0.0%	$5.67	+3.8%	COM CL A	747301109
QCOM	QUALCOMM INC	2,285 (-1.6%)	$391 (+1.2%)	0.1%	$158.91	+7.5%	COM	747525103

Unchanged Positions (37)

VNT VONTIER CORPORATION 5.7%

Value ($000) $30,086 Shares 809,187 Est. Cost $28.41 Unrealized +34.7%

MSFT MICROSOFT CORP 4.3%

Value ($000) $22,681 Shares 46,899 Est. Cost $267.10 Unrealized +87.4%

BRO BROWN & BROWN INC 1.4%

Value ($000) $7,108 Shares 89,190 Est. Cost $59.11 Unrealized +41.0%

LH LABCORP HOLDINGS INC 1.0%

Value ($000) $5,451 Shares 21,727 Est. Cost $199.50 Unrealized +32.9%

MEDP MEDPACE HLDGS INC 2.1%

Value ($000) $10,913 Shares 19,431 Est. Cost $336.38 Unrealized +68.8%

CSW CSW INDUSTRIALS INC 0.9%

Value ($000) $4,717 Shares 16,069 Est. Cost $267.73 Unrealized -0.5%

— EATON VANCE TX ADV GLBL DIV 1.4%

Value ($000) $7,208 Shares 312,034 Est. Cost $20.94 Unrealized —

SWKS SKYWORKS SOLUTIONS INC 0.4%

Value ($000) $2,195 Shares 34,616 Est. Cost $73.36 Unrealized -5.3%

INCY INCYTE CORP 0.6%

Value ($000) $3,375 Shares 34,171 Est. Cost $68.34 Unrealized +41.6%

SSNC SS&C TECHNOLOGIES HLDGS INC 4.5%

Value ($000) $23,662 Shares 270,669 Est. Cost $59.24 Unrealized +43.9%

TRU TRANSUNION 2.9%

Value ($000) $15,215 Shares 177,431 Est. Cost $69.62 Unrealized +17.9%

BUD ANHEUSER BUSCH INBEV SA/NV 0.8%

Value ($000) $4,185 Shares 65,355 Est. Cost $58.85 Unrealized —

PATH UIPATH INC 0.3%

Value ($000) $1,587 Shares 96,817 Est. Cost $11.82 Unrealized +31.6%

UTHR UNITED THERAPEUTICS CORP DEL 0.4%

Value ($000) $1,852 Shares 3,800 Est. Cost $298.86 Unrealized +55.8%

IBP INSTALLED BLDG PRODS INC 1.0%

Value ($000) $5,009 Shares 19,311 Est. Cost $165.66 Unrealized +55.9%

CRUS CIRRUS LOGIC INC 0.6%

Value ($000) $2,929 Shares 24,719 Est. Cost $92.94 Unrealized +32.4%

EXEL EXELIXIS INC 0.6%

Value ($000) $3,146 Shares 71,780 Est. Cost $21.58 Unrealized +91.7%

FVRR FIVERR INTL LTD 0.1%

Value ($000) $622 Shares 31,469 Est. Cost $24.50 Unrealized -12.1%

HPQ HP INC 0.1%

Value ($000) $586 Shares 26,303 Est. Cost $30.36 Unrealized -16.8%

ZM ZOOM COMMUNICATIONS INC 0.4%

Value ($000) $2,347 Shares 27,196 Est. Cost $62.14 Unrealized +35.5%

NTES NETEASE INC 0.1%

Value ($000) $730 Shares 5,302 Est. Cost $151.99 Unrealized —

ITRN ITURAN LOCATION AND CONTROL 0.1%

Value ($000) $433 Shares 10,056 Est. Cost $26.87 Unrealized +46.0%

MSCI MSCI INC 1.6%

Value ($000) $8,292 Shares 14,453 Est. Cost $501.51 Unrealized +11.7%

CB CHUBB LIMITED 0.1%

Value ($000) $482 Shares 1,545 Est. Cost $130.07 Unrealized +124.8%

RFIL RF INDS LTD 0.0%

Value ($000) $76 Shares 13,119 Est. Cost $4.92 Unrealized +40.7%

ACN ACCENTURE PLC IRELAND 0.1%

Value ($000) $406 Shares 1,513 Est. Cost $278.60 Unrealized -8.8%

WMT WALMART INC 0.1%

Value ($000) $336 Shares 3,012 Est. Cost $73.82 Unrealized +45.2%

BWA BORGWARNER INC 0.3%

Value ($000) $1,349 Shares 29,929 Est. Cost $29.92 Unrealized +46.0%

NU NU HLDGS LTD 0.1%

Value ($000) $397 Shares 23,714 Est. Cost $11.97 Unrealized +34.2%

— NUVEEN MULTI ASSET INCOME FU 0.7%

Value ($000) $3,753 Shares 287,775 Est. Cost $13.13 Unrealized —

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $256 Shares 776 Est. Cost $318.26 Unrealized +6.0%

— ADVENT CONV & INCOME FD 0.1%

Value ($000) $537 Shares 42,823 Est. Cost $15.67 Unrealized —

BE BLOOM ENERGY CORP 0.1%

Value ($000) $305 Shares 3,512 Est. Cost $46.44 Unrealized +126.3%

AVUV AMERICAN CENTY ETF TR 0.1%

Value ($000) $298 Shares 2,924 Est. Cost $90.90 Unrealized —

IJR ISHARES TR 0.1%

Value ($000) $443 Shares 3,689 Est. Cost $113.06 Unrealized —

DIS DISNEY WALT CO 0.1%

Value ($000) $540 Shares 4,750 Est. Cost $125.89 Unrealized -13.0%

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $755 Shares 1 Est. Cost $330761.80 Unrealized +125.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VNT	VONTIER CORPORATION	809,187	$30,086	5.7%	$28.41	+34.7%	COM	928881101
MSFT	MICROSOFT CORP	46,899	$22,681	4.3%	$267.10	+87.4%	COM	594918104
BRO	BROWN & BROWN INC	89,190	$7,108	1.4%	$59.11	+41.0%	COM	115236101
LH	LABCORP HOLDINGS INC	21,727	$5,451	1.0%	$199.50	+32.9%	COM SHS	504922105
MEDP	MEDPACE HLDGS INC	19,431	$10,913	2.1%	$336.38	+68.8%	COM	58506Q109
CSW	CSW INDUSTRIALS INC	16,069	$4,717	0.9%	$267.73	-0.5%	COM	126402106
—	EATON VANCE TX ADV GLBL DIV	312,034	$7,208	1.4%	$20.94	—	COM	27828S101
SWKS	SKYWORKS SOLUTIONS INC	34,616	$2,195	0.4%	$73.36	-5.3%	COM	83088M102
INCY	INCYTE CORP	34,171	$3,375	0.6%	$68.34	+41.6%	COM	45337C102
SSNC	SS&C TECHNOLOGIES HLDGS INC	270,669	$23,662	4.5%	$59.24	+43.9%	COM	78467J100
TRU	TRANSUNION	177,431	$15,215	2.9%	$69.62	+17.9%	COM	89400J107
BUD	ANHEUSER BUSCH INBEV SA/NV	65,355	$4,185	0.8%	$58.85	—	SPONSORED ADR	03524A108
PATH	UIPATH INC	96,817	$1,587	0.3%	$11.82	+31.6%	CL A	90364P105
UTHR	UNITED THERAPEUTICS CORP DEL	3,800	$1,852	0.4%	$298.86	+55.8%	COM	91307C102
IBP	INSTALLED BLDG PRODS INC	19,311	$5,009	1.0%	$165.66	+55.9%	COM	45780R101
CRUS	CIRRUS LOGIC INC	24,719	$2,929	0.6%	$92.94	+32.4%	COM	172755100
EXEL	EXELIXIS INC	71,780	$3,146	0.6%	$21.58	+91.7%	COM	30161Q104
FVRR	FIVERR INTL LTD	31,469	$622	0.1%	$24.50	-12.1%	ORD SHS	M4R82T106
HPQ	HP INC	26,303	$586	0.1%	$30.36	-16.8%	COM	40434L105
ZM	ZOOM COMMUNICATIONS INC	27,196	$2,347	0.4%	$62.14	+35.5%	CL A	98980L101
NTES	NETEASE INC	5,302	$730	0.1%	$151.99	—	SPONSORED ADS	64110W102
ITRN	ITURAN LOCATION AND CONTROL	10,056	$433	0.1%	$26.87	+46.0%	SHS	M6158M104
MSCI	MSCI INC	14,453	$8,292	1.6%	$501.51	+11.7%	COM	55354G100
CB	CHUBB LIMITED	1,545	$482	0.1%	$130.07	+124.8%	COM	H1467J104
RFIL	RF INDS LTD	13,119	$76	0.0%	$4.92	+40.7%	COM PAR $0.01	749552105
ACN	ACCENTURE PLC IRELAND	1,513	$406	0.1%	$278.60	-8.8%	SHS CLASS A	G1151C101
WMT	WALMART INC	3,012	$336	0.1%	$73.82	+45.2%	COM	931142103
BWA	BORGWARNER INC	29,929	$1,349	0.3%	$29.92	+46.0%	COM	099724106
NU	NU HLDGS LTD	23,714	$397	0.1%	$11.97	+34.2%	ORD SHS CL A	G6683N103
—	NUVEEN MULTI ASSET INCOME FU	287,775	$3,753	0.7%	$13.13	—	COM	670750108
UNH	UNITEDHEALTH GROUP INC	776	$256	0.0%	$318.26	+6.0%	COM	91324P102
—	ADVENT CONV & INCOME FD	42,823	$537	0.1%	$15.67	—	COM	00764C109
BE	BLOOM ENERGY CORP	3,512	$305	0.1%	$46.44	+126.3%	COM CL A	093712107
AVUV	AMERICAN CENTY ETF TR	2,924	$298	0.1%	$90.90	—	US SML CP VALU	025072877
IJR	ISHARES TR	3,689	$443	0.1%	$113.06	—	CORE S&P SCP ETF	464287804
DIS	DISNEY WALT CO	4,750	$540	0.1%	$125.89	-13.0%	COM	254687106
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.1%	$330761.80	+125.7%	CL A	084670108