Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PM	PHILIP MORRIS INTL INC	44,550	$8.501M	2.5%	$190.82	$188.94	+1.0%	COM	718172109
SPY	STATE STR SPDR S&P 500 ETF T	10,900	$8.313M	2.5%	$762.63	$759.67	+0.4%	CALL	78462F103
LMT	LOCKHEED MARTIN CORP	16,210	$8.255M	2.4%	$509.25	$549.68	-7.4%	COM	539830109
CRAK	VANECK ETF TRUST	115,350	$7.306M	2.2%	$63.34	$58.26	+8.7%	OIL REFINERS ETF	92189F585
NVDA	NVIDIA CORPORATION	24,800	$5.664M	1.7%	$228.38	$97.37	+134.5%	PUT	67066G104
PLTR	PALANTIR TECHNOLOGIES INC	27,300	$5.106M	1.5%	$187.05	$75.74	+147.0%	PUT	69608A108
CRWD	CROWDSTRIKE HLDGS INC	8,420	$2.229M	0.7%	$264.75	$212.27	+24.7%	CL A	22788C105
AVGO	BROADCOM INC	6,000	$2.107M	0.6%	$351.19	$207.97	+68.9%	PUT	11135F101
SPCX	SPACE EXPLORATION TECHN CORP	9,199	$1.388M	0.4%	$150.86	$138.41	+9.0%	CLASS A COM STK	84615Q103
CIBR	FIRST TR EXCHANGE-TRADED FD	7,625	$786K	0.2%	$103.09	$95.78	+7.6%	NASDAQ CYB ETF	33734X846
DRAM	ROUNDHILL ETF TRUST	12,215	$737K	0.2%	$60.36	$56.97	+6.0%	MEMORY ETF	77926X320
RSP	INVESCO EXCHANGE TRADED FD T	3,008	$626K	0.2%	$208.08	$216.12	-3.7%	S&P500 EQL WGT	46137V357
BE	BLOOM ENERGY CORP	845	$234K	0.1%	$276.98	$236.23	+17.2%	COM CL A	093712107
MRVL	MARVELL TECHNOLOGY INC	800	$211K	0.1%	$264.24	$224.23	+17.8%	COM	573874104
SPY	STATE STR SPDR S&P 500 ETF T	23	$17,540	0.0%	$762.61	$759.67	+0.4%	TR UNIT	78462F103

Increased Positions (13)

MAR MARRIOTT INTL INC NEW 2.9%

Value $9.91M (+55.6%) Shares 27,863 (+62.1%) Share Price $355.67 Est. Cost/Share $364.00 Unrealized @ Report Date -2.3%

LLY ELI LILLY & CO 4.5%

Value $15.09M (+27.5%) Shares 13,043 (+32.2%) Share Price $1157.12 Est. Cost/Share $1057.62 Unrealized @ Report Date +9.4%

VRT VERTIV HOLDINGS CO 2.3%

Value $7.747M (-26.3%) Shares 32,103 (+2.3%) Share Price $241.32 Est. Cost/Share $176.49 Unrealized @ Report Date +36.7%

CAT CATERPILLAR INC 4.1%

Value $13.75M (-9.2%) Shares 16,953 (+19.2%) Share Price $810.80 Est. Cost/Share $873.57 Unrealized @ Report Date -7.2%

INTC INTEL CORP 3.9%

Value $13.09M (+11.5%) Shares 108,846 (+29.4%) Share Price $120.23 Est. Cost/Share $101.32 Unrealized @ Report Date +18.7%

XAR SPDR SERIES TRUST 0.8%

Value $2.646M (+79.9%) Shares 11,441 (+120.8%) Share Price $231.27 Est. Cost/Share $210.85 Unrealized @ Report Date +9.7%

JNJ JOHNSON & JOHNSON 4.0%

Value $13.51M (+7.2%) Shares 51,015 (+2.9%) Share Price $264.74 Est. Cost/Share $233.91 Unrealized @ Report Date +13.2%

GEV GE VERNOVA INC 1.8%

Value $6.046M (+3.6%) Shares 6,361 (+28.1%) Share Price $950.52 Est. Cost/Share $1014.16 Unrealized @ Report Date -6.3%

IHE ISHARES TR 1.1%

Value $3.667M (+4.0%) Shares 36,478 (+2.5%) Share Price $100.52 Est. Cost/Share $90.16 Unrealized @ Report Date +11.5%

SOXQ INVESCO EXCH TRADED FD TR II 0.2%

Value $788K (-9.5%) Shares 7,924 (+2.1%) Share Price $99.41 Est. Cost/Share $90.65 Unrealized @ Report Date +9.6%

AAPL APPLE INC 0.1%

Value $301K (+26.8%) Shares 904 (+10.2%) Share Price $333.22 Est. Cost/Share $289.30 Unrealized @ Report Date +15.1%

VTI VANGUARD INDEX FDS 0.2%

Value $735K (+9.3%) Shares 1,964 (+8.0%) Share Price $374.40 Est. Cost/Share $240.87 Unrealized @ Report Date +55.4%

BND VANGUARD BD INDEX FDS 0.1%

Value $239K (-3.4%) Shares 3,407 (+1.0%) Share Price $70.17 Est. Cost/Share $70.70 Unrealized @ Report Date -0.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MAR	MARRIOTT INTL INC NEW	27,863 (+62.1%)	$9.91M (+55.6%)	2.9%	$355.67	$364.00	-2.3%	CL A	571903202
LLY	ELI LILLY & CO	13,043 (+32.2%)	$15.09M (+27.5%)	4.5%	$1157.12	$1057.62	+9.4%	COM	532457108
VRT	VERTIV HOLDINGS CO	32,103 (+2.3%)	$7.747M (-26.3%)	2.3%	$241.32	$176.49	+36.7%	COM CL A	92537N108
CAT	CATERPILLAR INC	16,953 (+19.2%)	$13.75M (-9.2%)	4.1%	$810.80	$873.57	-7.2%	COM	149123101
INTC	INTEL CORP	108,846 (+29.4%)	$13.09M (+11.5%)	3.9%	$120.23	$101.32	+18.7%	COM	458140100
XAR	SPDR SERIES TRUST	11,441 (+120.8%)	$2.646M (+79.9%)	0.8%	$231.27	$210.85	+9.7%	ST STR SP AERO	78464A631
JNJ	JOHNSON & JOHNSON	51,015 (+2.9%)	$13.51M (+7.2%)	4.0%	$264.74	$233.91	+13.2%	COM	478160104
GEV	GE VERNOVA INC	6,361 (+28.1%)	$6.046M (+3.6%)	1.8%	$950.52	$1014.16	-6.3%	COM	36828A101
IHE	ISHARES TR	36,478 (+2.5%)	$3.667M (+4.0%)	1.1%	$100.52	$90.16	+11.5%	U.S. PHARMA ETF	464288836
SOXQ	INVESCO EXCH TRADED FD TR II	7,924 (+2.1%)	$788K (-9.5%)	0.2%	$99.41	$90.65	+9.6%	INVESCO PHLX SM	46138G615
AAPL	APPLE INC	904 (+10.2%)	$301K (+26.8%)	0.1%	$333.22	$289.30	+15.1%	COM	037833100
VTI	VANGUARD INDEX FDS	1,964 (+8.0%)	$735K (+9.3%)	0.2%	$374.40	$240.87	+55.4%	MRNGSTR TTL STK	922908769
BND	VANGUARD BD INDEX FDS	3,407 (+1.0%)	$239K (-3.4%)	0.1%	$70.17	$70.70	-0.8%	TOTAL BND MRKT	921937835

Exited Positions (7)

ACWX ISHARES TR 4.1%

Value $14.01M Shares 184,025 Share Price $76.11 Est. Cost/Share $67.68 Unrealized @ Report Date +11.7%

GNRC GENERAC HLDGS INC 3.7%

Value $12.43M Shares 42,439 Share Price $292.81 * Est. Cost/Share $229.34 Unrealized @ Report Date -9.8%

DKS DICKS SPORTING GOODS INC 3.4%

Value $11.49M Shares 50,669 Share Price $226.81 * Est. Cost/Share $220.93 Unrealized @ Report Date -39.2%

POWR ISHARES INC 3.3%

Value $11.13M Shares 398,150 Share Price $27.96 * Est. Cost/Share $27.32 Unrealized @ Report Date -11.5%

MU MICRON TECHNOLOGY INC 1.4%

Value $4.617M Shares 4,000 Share Price $1154.29 * Est. Cost/Share $391.96 Unrealized @ Report Date +171.7%

XLI SELECT SECTOR SPDR TR 0.4%

Value $1.455M Shares 7,853 Share Price $185.25 * Est. Cost/Share $173.78 Unrealized @ Report Date -3.9%

NVO NOVO-NORDISK A S 0.4%

Value $1.233M Shares 25,719 Share Price $47.94 * Est. Cost/Share $47.38 Unrealized @ Report Date -20.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ACWX	ISHARES TR	184,025	$14.01M	4.1%	$76.11	$67.68	+11.7%	—	464288240
GNRC	GENERAC HLDGS INC	42,439	$12.43M	3.7%	$292.81 *	$229.34	-9.8%	—	368736104
DKS	DICKS SPORTING GOODS INC	50,669	$11.49M	3.4%	$226.81 *	$220.93	-39.2%	—	253393102
POWR	ISHARES INC	398,150	$11.13M	3.3%	$27.96 *	$27.32	-11.5%	—	464286343
MU	MICRON TECHNOLOGY INC	4,000	$4.617M	1.4%	$1154.29 *	$391.96	+171.7%	PUT	595112103
XLI	SELECT SECTOR SPDR TR	7,853	$1.455M	0.4%	$185.25 *	$173.78	-3.9%	—	81369Y704
NVO	NOVO-NORDISK A S	25,719	$1.233M	0.4%	$47.94 *	$47.38	-20.0%	—	670100205

Decreased Positions (17)

PLTR PALANTIR TECHNOLOGIES INC 6.7%

Value $22.62M (+36.9%) Shares 120,915 (-14.6%) Share Price $187.05 Est. Cost/Share $75.74 Unrealized @ Report Date +147.0%

SNDK SANDISK CORP 1.9%

Value $6.331M (-45.5%) Shares 3,639 (-28.8%) Share Price $1739.89 Est. Cost/Share $1427.50 Unrealized @ Report Date +21.9%

JPM JPMORGAN CHASE & CO 2.2%

Value $7.358M (-39.3%) Shares 22,239 (-40.0%) Share Price $330.84 Est. Cost/Share $294.88 Unrealized @ Report Date +12.2%

GLD SPDR GOLD TR 3.8%

Value $12.89M (-22.1%) Shares 33,853 (-24.7%) Share Price $380.84 Est. Cost/Share $184.55 Unrealized @ Report Date +106.4%

MU MICRON TECHNOLOGY INC 7.4%

Value $24.85M (-12.0%) Shares 23,334 (-4.6%) Share Price $1065.11 Est. Cost/Share $391.96 Unrealized @ Report Date +171.7%

AVGO BROADCOM INC 5.1%

Value $17.12M (-14.1%) Shares 48,739 (-7.6%) Share Price $351.20 Est. Cost/Share $207.97 Unrealized @ Report Date +68.9%

NVDA NVIDIA CORPORATION 8.5%

Value $28.76M (+8.2%) Shares 125,936 (-5.2%) Share Price $228.38 Est. Cost/Share $97.37 Unrealized @ Report Date +134.5%

GS GOLDMAN SACHS GROUP INC 3.2%

Value $10.75M (-14.8%) Shares 11,941 (-4.3%) Share Price $900.39 Est. Cost/Share $892.20 Unrealized @ Report Date +0.9%

ASML ASML HLDG NV 2.2%

Value $7.297M (-13.1%) Shares 4,027 (-4.6%) Share Price $1811.97 Est. Cost/Share $1321.15 Unrealized @ Report Date +37.1%

CAIE CALAMOS ETF TR 0.4%

Value $1.37M (-30.6%) Shares 51,482 (-29.1%) Share Price $26.62 Est. Cost/Share $26.92 Unrealized @ Report Date -1.1%

TSLA TESLA INC 0.6%

Value $2.104M (-21.9%) Shares 5,929 (-7.4%) Share Price $354.81 Est. Cost/Share $378.42 Unrealized @ Report Date -6.2%

BTC GRAYSCALE BITCOIN MINI TR ET 0.6%

Value $2.19M (+33.5%) Shares 59,272 (-6.3%) Share Price $36.95 Est. Cost/Share $31.75 Unrealized @ Report Date +16.4%

COST COSTCO WHOLESALE CORPORATION 2.2%

Value $7.355M (-6.4%) Shares 8,078 (-3.8%) Share Price $910.44 Est. Cost/Share $587.06 Unrealized @ Report Date +55.1%

VOO VANGUARD INDEX FDS 0.4%

Value $1.186M (-14.4%) Shares 1,691 (-16.2%) Share Price $701.25 Est. Cost/Share $625.85 Unrealized @ Report Date +12.0%

AMZN AMAZON COM INC 3.3%

Value $11.19M (+1.0%) Shares 44,927 (-3.3%) Share Price $249.15 Est. Cost/Share $165.73 Unrealized @ Report Date +50.3%

IAU ISHARES GOLD TR 0.3%

Value $867K (-9.0%) Shares 11,096 (-12.1%) Share Price $78.10 Est. Cost/Share $38.00 Unrealized @ Report Date +105.5%

SPYM SPDR SERIES TRUST 0.3%

Value $1.017M (-4.8%) Shares 11,331 (-6.7%) Share Price $89.76 Est. Cost/Share $85.32 Unrealized @ Report Date +5.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
PLTR	PALANTIR TECHNOLOGIES INC	120,915 (-14.6%)	$22.62M (+36.9%)	6.7%	$187.05	$75.74	+147.0%	CL A	69608A108
SNDK	SANDISK CORP	3,639 (-28.8%)	$6.331M (-45.5%)	1.9%	$1739.89	$1427.50	+21.9%	COM	80004C200
JPM	JPMORGAN CHASE & CO	22,239 (-40.0%)	$7.358M (-39.3%)	2.2%	$330.84	$294.88	+12.2%	COM	46625H100
GLD	SPDR GOLD TR	33,853 (-24.7%)	$12.89M (-22.1%)	3.8%	$380.84	$184.55	+106.4%	GOLD SHS	78463V107
MU	MICRON TECHNOLOGY INC	23,334 (-4.6%)	$24.85M (-12.0%)	7.4%	$1065.11	$391.96	+171.7%	COM	595112103
AVGO	BROADCOM INC	48,739 (-7.6%)	$17.12M (-14.1%)	5.1%	$351.20	$207.97	+68.9%	COM	11135F101
NVDA	NVIDIA CORPORATION	125,936 (-5.2%)	$28.76M (+8.2%)	8.5%	$228.38	$97.37	+134.5%	COM	67066G104
GS	GOLDMAN SACHS GROUP INC	11,941 (-4.3%)	$10.75M (-14.8%)	3.2%	$900.39	$892.20	+0.9%	COM	38141G104
ASML	ASML HLDG NV	4,027 (-4.6%)	$7.297M (-13.1%)	2.2%	$1811.97	$1321.15	+37.1%	N Y REGISTRY SHS	N07059210
CAIE	CALAMOS ETF TR	51,482 (-29.1%)	$1.37M (-30.6%)	0.4%	$26.62	$26.92	-1.1%	AUTOC INCOM ETF	12811T571
TSLA	TESLA INC	5,929 (-7.4%)	$2.104M (-21.9%)	0.6%	$354.81	$378.42	-6.2%	COM	88160R101
BTC	GRAYSCALE BITCOIN MINI TR ET	59,272 (-6.3%)	$2.19M (+33.5%)	0.6%	$36.95	$31.75	+16.4%	SHS NEW	389930207
COST	COSTCO WHOLESALE CORPORATION	8,078 (-3.8%)	$7.355M (-6.4%)	2.2%	$910.44	$587.06	+55.1%	COM	22160K105
VOO	VANGUARD INDEX FDS	1,691 (-16.2%)	$1.186M (-14.4%)	0.4%	$701.25	$625.85	+12.0%	S&P 500 ETF SHS	922908363
AMZN	AMAZON COM INC	44,927 (-3.3%)	$11.19M (+1.0%)	3.3%	$249.15	$165.73	+50.3%	COM	023135106
IAU	ISHARES GOLD TR	11,096 (-12.1%)	$867K (-9.0%)	0.3%	$78.10	$38.00	+105.5%	ISHARES NEW	464285204
SPYM	SPDR SERIES TRUST	11,331 (-6.7%)	$1.017M (-4.8%)	0.3%	$89.76	$85.32	+5.2%	ST STR P500ETF	78464A854

Unchanged Positions (5)

GOOGL ALPHABET INC 4.3%

Value $14.41M Shares 41,874 Share Price $344.09 Est. Cost/Share $134.83 Unrealized @ Report Date +155.2%

ET ENERGY TRANSFER L P 5.1%

Value $17.33M Shares 876,346 Share Price $19.77 Est. Cost/Share $14.14 Unrealized @ Report Date —

GOOG ALPHABET INC 0.2%

Value $648K Shares 1,901 Share Price $340.87 Est. Cost/Share $134.68 Unrealized @ Report Date +153.0%

HUM HUMANA INC 0.2%

Value $666K Shares 1,744 Share Price $381.63 Est. Cost/Share $204.86 Unrealized @ Report Date +86.3%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $479K Shares 1,050 Share Price $456.37 Est. Cost/Share $185.25 Unrealized @ Report Date +146.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOGL	ALPHABET INC	41,874	$14.41M	4.3%	$344.09	$134.83	+155.2%	CAP STK CL A	02079K305
ET	ENERGY TRANSFER L P	876,346	$17.33M	5.1%	$19.77	$14.14	—	COM UT LTD PTN	29273V100
GOOG	ALPHABET INC	1,901	$648K	0.2%	$340.87	$134.68	+153.0%	CAP STK CL C	02079K107
HUM	HUMANA INC	1,744	$666K	0.2%	$381.63	$204.86	+86.3%	COM	444859102
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1,050	$479K	0.1%	$456.37	$185.25	+146.3%	SPONSORED ADS	874039100