Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BSY	BENTLEY SYS INC	793,374	$27.86M	10.2%	—	—	COM CL B	08265T208
HUYA	HUYA INC	2,277,112	$7.514M	2.8%	—	—	ADS REP SHS A	44852D108
CF	CF INDUSTRIES HOLD	41,667	$5.41M	2.0%	—	—	COM	125269100
FSLY	FASTLY INC	151,265	$4.396M	1.6%	—	—	CL A	31188V100
LXU	LSB INDS INC	153,318	$2.284M	0.8%	—	—	COM	502160104
MRK	MERCK & CO INC	1,873	$225K	0.1%	—	—	COM	58933Y105

Increased Positions (5)

SFD SMITHFIELD FOODS INC 2.8%

Value $7.687M (+206.8%) Shares 274,837 (+145.0%) Est. Cost — Unrealized —

EQT EQT CORP 4.1%

Value $11.24M (+71.5%) Shares 176,549 (+44.5%) Est. Cost — Unrealized —

VRT VERTIV HOLDINGS CO 1.8%

Value $4.844M (+64.9%) Shares 19,332 (+6.6%) Est. Cost — Unrealized —

NU NU HLDGS LTD 3.6%

Value $9.693M (-13.1%) Shares 674,553 (+1.2%) Est. Cost — Unrealized —

PDD PDD HOLDINGS INC 1.9%

Value $5.166M (-5.5%) Shares 50,559 (+4.8%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SFD	SMITHFIELD FOODS INC	274,837 (+145.0%)	$7.687M (+206.8%)	2.8%	—	—	COM	832248207
EQT	EQT CORP	176,549 (+44.5%)	$11.24M (+71.5%)	4.1%	—	—	COM	26884L109
VRT	VERTIV HOLDINGS CO	19,332 (+6.6%)	$4.844M (+64.9%)	1.8%	—	—	COM CL A	92537N108
NU	NU HLDGS LTD	674,553 (+1.2%)	$9.693M (-13.1%)	3.6%	—	—	ORD SHS CL A	G6683N103
PDD	PDD HOLDINGS INC	50,559 (+4.8%)	$5.166M (-5.5%)	1.9%	—	—	SPONSORED ADS	722304102

Exited Positions (6)

RDDT REDDIT INC 1.5%

Value $4.102M Shares 17,843 Est. Cost — Unrealized —

ACMR ACM RESH INC 0.1%

Value $395K Shares 10,000 Est. Cost — Unrealized —

INTU INTUIT 0.1%

Value $250K Shares 378 Est. Cost — Unrealized —

BSAC BANCO SANTANDER CHILE NEW 0.1%

Value $247K Shares 7,943 Est. Cost — Unrealized —

UNH UNITEDHEALTH GROUP INC 0.1%

Value $227K Shares 687 Est. Cost — Unrealized —

CRH CRH PLC 0.1%

Value $221K Shares 1,767 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
RDDT	REDDIT INC	17,843	$4.102M	1.5%	—	—	—	75734B100
ACMR	ACM RESH INC	10,000	$395K	0.1%	—	—	—	00108J109
INTU	INTUIT	378	$250K	0.1%	—	—	—	461202103
BSAC	BANCO SANTANDER CHILE NEW	7,943	$247K	0.1%	—	—	—	05965X109
UNH	UNITEDHEALTH GROUP INC	687	$227K	0.1%	—	—	—	91324P102
CRH	CRH PLC	1,767	$221K	0.1%	—	—	—	G25508105

Decreased Positions (13)

VT VANGUARD INTL EQUITY INDEX F 3.8%

Value $10.45M (-65.2%) Shares 75,547 (-64.6%) Est. Cost — Unrealized —

ECH ISHARES INC 1.6%

Value $4.378M (-68.0%) Shares 110,121 (-67.4%) Est. Cost — Unrealized —

TLN TALEN ENERGY CORP 6.5%

Value $17.81M (-32.9%) Shares 55,800 (-21.3%) Est. Cost — Unrealized —

VSCO VICTORIAS SECRET AND CO 0.1%

Value $348K (-95.9%) Shares 7,510 (-95.2%) Est. Cost — Unrealized —

CLS CELESTICA INC 7.3%

Value $19.94M (-28.0%) Shares 70,785 (-24.4%) Est. Cost — Unrealized —

PAM PAMPA ENERGIA SA 2.1%

Value $5.704M (-54.7%) Shares 64,457 (-54.7%) Est. Cost — Unrealized —

MUFG MITSUBISHI UFJ FINANCIAL GRO 0.1%

Value $191K (-94.9%) Shares 11,273 (-95.2%) Est. Cost — Unrealized —

FCNCA FIRST CTZNS BANCSHARES INC D 1.0%

Value $2.703M (-53.3%) Shares 1,434 (-46.8%) Est. Cost — Unrealized —

U UNITY SOFTWARE INC 0.4%

Value $1.075M (-69.8%) Shares 48,976 (-39.3%) Est. Cost — Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 1.1%

Value $2.96M (-32.6%) Shares 56,100 (-12.6%) Est. Cost — Unrealized —

TER TERADYNE INC 3.0%

Value $8.093M (+11.9%) Shares 27,300 (-26.9%) Est. Cost — Unrealized —

LAR LITHIUM ARGENTINA AG 4.6%

Value $12.42M (+3.5%) Shares 1,858,689 (-13.5%) Est. Cost — Unrealized —

SQM SOCIEDAD QUIMICA Y MINERA DE 5.6%

Value $15.36M (+1.2%) Shares 189,808 (-14.0%) Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VT	VANGUARD INTL EQUITY INDEX F	75,547 (-64.6%)	$10.45M (-65.2%)	3.8%	—	—	TT WRLD ST ETF	922042742
ECH	ISHARES INC	110,121 (-67.4%)	$4.378M (-68.0%)	1.6%	—	—	MSCI CHILE ETF	464286640
TLN	TALEN ENERGY CORP	55,800 (-21.3%)	$17.81M (-32.9%)	6.5%	—	—	COM	87422Q109
VSCO	VICTORIAS SECRET AND CO	7,510 (-95.2%)	$348K (-95.9%)	0.1%	—	—	COMMON STOCK	926400102
CLS	CELESTICA INC	70,785 (-24.4%)	$19.94M (-28.0%)	7.3%	—	—	COM	15101Q207
PAM	PAMPA ENERGIA SA	64,457 (-54.7%)	$5.704M (-54.7%)	2.1%	—	—	SPONS ADR LVL I	697660207
MUFG	MITSUBISHI UFJ FINANCIAL GRO	11,273 (-95.2%)	$191K (-94.9%)	0.1%	—	—	SPONSORED ADS	606822104
FCNCA	FIRST CTZNS BANCSHARES INC D	1,434 (-46.8%)	$2.703M (-53.3%)	1.0%	—	—	CL A	31946M103
U	UNITY SOFTWARE INC	48,976 (-39.3%)	$1.075M (-69.8%)	0.4%	—	—	COM	91332U101
GBTC	GRAYSCALE BITCOIN TRUST ETF	56,100 (-12.6%)	$2.96M (-32.6%)	1.1%	—	—	SHS REP COM UT	389637109
TER	TERADYNE INC	27,300 (-26.9%)	$8.093M (+11.9%)	3.0%	—	—	COM	880770102
LAR	LITHIUM ARGENTINA AG	1,858,689 (-13.5%)	$12.42M (+3.5%)	4.6%	—	—	COM SHS	H5012F103
SQM	SOCIEDAD QUIMICA Y MINERA DE	189,808 (-14.0%)	$15.36M (+1.2%)	5.6%	—	—	SPON ADR SER B	833635105

Unchanged Positions (41)

INTC INTEL CORP 3.7%

Value $9.977M Shares 226,071 Est. Cost — Unrealized —

VDC VANGUARD WORLD FD 3.9%

Value $10.69M Shares 47,593 Est. Cost — Unrealized —

VTI VANGUARD INDEX FDS 5.2%

Value $14.05M Shares 43,798 Est. Cost — Unrealized —

MSFT MICROSOFT CORP 0.7%

Value $1.897M Shares 5,126 Est. Cost — Unrealized —

AAPL APPLE INC 2.2%

Value $5.905M Shares 23,268 Est. Cost — Unrealized —

VEA VANGUARD TAX-MANAGED FDS 3.5%

Value $9.549M Shares 149,017 Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 1.1%

Value $3.111M Shares 17,840 Est. Cost — Unrealized —

GOOGL ALPHABET INC 0.8%

Value $2.22M Shares 7,720 Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.5%

Value $1.292M Shares 3,823 Est. Cost — Unrealized —

META META PLATFORMS INC 0.3%

Value $791K Shares 1,382 Est. Cost — Unrealized —

AMZN AMAZON COM INC 0.4%

Value $1.108M Shares 5,320 Est. Cost — Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 0.1%

Value $396K Shares 13,221 Est. Cost — Unrealized —

ORCL ORACLE CORP 0.1%

Value $333K Shares 2,265 Est. Cost — Unrealized —

AMAT APPLIED MATLS INC 0.1%

Value $385K Shares 1,125 Est. Cost — Unrealized —

EFV ISHARES TR 0.8%

Value $2.305M Shares 31,000 Est. Cost — Unrealized —

V VISA INC 0.2%

Value $452K Shares 1,496 Est. Cost — Unrealized —

AVGO BROADCOM INC 0.2%

Value $594K Shares 1,920 Est. Cost — Unrealized —

IEFA ISHARES TR 2.1%

Value $5.651M Shares 62,425 Est. Cost — Unrealized —

IEMG ISHARES INC 0.7%

Value $1.815M Shares 26,019 Est. Cost — Unrealized —

LRCX LAM RESEARCH CORP 0.1%

Value $329K Shares 1,540 Est. Cost — Unrealized —

JNJ JOHNSON & JOHNSON 0.2%

Value $419K Shares 1,713 Est. Cost — Unrealized —

LLY ELI LILLY & CO 0.1%

Value $372K Shares 404 Est. Cost — Unrealized —

ISRG INTUITIVE SURGICAL INC 0.1%

Value $213K Shares 462 Est. Cost — Unrealized —

AU ANGLOGOLD ASHANTI PLC 0.1%

Value $389K Shares 3,993 Est. Cost — Unrealized —

AVDV AMERICAN CENTY ETF TR 0.3%

Value $799K Shares 8,000 Est. Cost — Unrealized —

IGM ISHARES TR 0.2%

Value $449K Shares 3,786 Est. Cost — Unrealized —

WMT WALMART INC 0.1%

Value $342K Shares 2,754 Est. Cost — Unrealized —

BAC BANK AMERICA CORP 0.1%

Value $268K Shares 5,502 Est. Cost — Unrealized —

MA MASTERCARD INCORPORATED 0.1%

Value $227K Shares 454 Est. Cost — Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.1%

Value $237K Shares 238 Est. Cost — Unrealized —

APH AMPHENOL CORP 0.1%

Value $337K Shares 2,668 Est. Cost — Unrealized —

ITOT ISHARES TR 0.2%

Value $410K Shares 2,876 Est. Cost — Unrealized —

HD HOME DEPOT INC 0.1%

Value $271K Shares 825 Est. Cost — Unrealized —

CWB SPDR SERIES TRUST 0.1%

Value $372K Shares 4,068 Est. Cost — Unrealized —

BND VANGUARD BD INDEX FDS 0.6%

Value $1.589M Shares 21,582 Est. Cost — Unrealized —

ASHR DBX ETF TR 0.5%

Value $1.44M Shares 44,106 Est. Cost — Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.5%

Value $1.467M Shares 27,148 Est. Cost — Unrealized —

TIP ISHARES TR 0.3%

Value $940K Shares 8,515 Est. Cost — Unrealized —

PG PROCTER & GAMBLE CO 0.1%

Value $264K Shares 1,828 Est. Cost — Unrealized —

GOVT ISHARES TR 0.1%

Value $266K Shares 11,600 Est. Cost — Unrealized —

FLDR FIDELITY MERRIMACK STR TR 0.1%

Value $328K Shares 6,552 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
INTC	INTEL CORP	226,071	$9.977M	3.7%	—	—	COM	458140100
VDC	VANGUARD WORLD FD	47,593	$10.69M	3.9%	—	—	CONSUM STP ETF	92204A207
VTI	VANGUARD INDEX FDS	43,798	$14.05M	5.2%	—	—	TOTAL STK MKT	922908769
MSFT	MICROSOFT CORP	5,126	$1.897M	0.7%	—	—	COM	594918104
AAPL	APPLE INC	23,268	$5.905M	2.2%	—	—	COM	037833100
VEA	VANGUARD TAX-MANAGED FDS	149,017	$9.549M	3.5%	—	—	VAN FTSE DEV MKT	921943858
NVDA	NVIDIA CORPORATION	17,840	$3.111M	1.1%	—	—	COM	67066G104
GOOGL	ALPHABET INC	7,720	$2.22M	0.8%	—	—	CAP STK CL A	02079K305
TSM	TAIWAN SEMICONDUCTOR MANUFAC	3,823	$1.292M	0.5%	—	—	SPONSORED ADS	874039100
META	META PLATFORMS INC	1,382	$791K	0.3%	—	—	CL A	30303M102
AMZN	AMAZON COM INC	5,320	$1.108M	0.4%	—	—	COM	023135106
BTC	GRAYSCALE BITCOIN MINI TR ET	13,221	$396K	0.1%	—	—	SHS NEW	389930207
ORCL	ORACLE CORP	2,265	$333K	0.1%	—	—	COM	68389X105
AMAT	APPLIED MATLS INC	1,125	$385K	0.1%	—	—	COM	038222105
EFV	ISHARES TR	31,000	$2.305M	0.8%	—	—	EAFE VALUE ETF	464288877
V	VISA INC	1,496	$452K	0.2%	—	—	COM CL A	92826C839
AVGO	BROADCOM INC	1,920	$594K	0.2%	—	—	COM	11135F101
IEFA	ISHARES TR	62,425	$5.651M	2.1%	—	—	CORE MSCI EAFE	46432F842
IEMG	ISHARES INC	26,019	$1.815M	0.7%	—	—	CORE MSCI EMKT	46434G103
LRCX	LAM RESEARCH CORP	1,540	$329K	0.1%	—	—	COM NEW	512807306
JNJ	JOHNSON & JOHNSON	1,713	$419K	0.2%	—	—	COM	478160104
LLY	ELI LILLY & CO	404	$372K	0.1%	—	—	COM	532457108
ISRG	INTUITIVE SURGICAL INC	462	$213K	0.1%	—	—	COM NEW	46120E602
AU	ANGLOGOLD ASHANTI PLC	3,993	$389K	0.1%	—	—	COM SHS	G0378L100
AVDV	AMERICAN CENTY ETF TR	8,000	$799K	0.3%	—	—	INTL SMCP VLU	025072802
IGM	ISHARES TR	3,786	$449K	0.2%	—	—	EXPND TEC SC ETF	464287549
WMT	WALMART INC	2,754	$342K	0.1%	—	—	COM	931142103
BAC	BANK AMERICA CORP	5,502	$268K	0.1%	—	—	COM	060505104
MA	MASTERCARD INCORPORATED	454	$227K	0.1%	—	—	CL A	57636Q104
COST	COSTCO WHOLESALE CORPORATION	238	$237K	0.1%	—	—	COM	22160K105
APH	AMPHENOL CORP	2,668	$337K	0.1%	—	—	CL A	032095101
ITOT	ISHARES TR	2,876	$410K	0.2%	—	—	CORE S&P TTL STK	464287150
HD	HOME DEPOT INC	825	$271K	0.1%	—	—	COM	437076102
CWB	SPDR SERIES TRUST	4,068	$372K	0.1%	—	—	STATE STREET SPD	78464A359
BND	VANGUARD BD INDEX FDS	21,582	$1.589M	0.6%	—	—	TOTAL BND MRKT	921937835
ASHR	DBX ETF TR	44,106	$1.44M	0.5%	—	—	XTRACK HRVST CSI	233051879
VWO	VANGUARD INTL EQUITY INDEX F	27,148	$1.467M	0.5%	—	—	FTSE EMR MKT ETF	922042858
TIP	ISHARES TR	8,515	$940K	0.3%	—	—	TIPS BD ETF	464287176
PG	PROCTER & GAMBLE CO	1,828	$264K	0.1%	—	—	COM	742718109
GOVT	ISHARES TR	11,600	$266K	0.1%	—	—	US TREAS BD ETF	46429B267
FLDR	FIDELITY MERRIMACK STR TR	6,552	$328K	0.1%	—	—	LOW DURTIN ETF	316188408