Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MRVL	MARVELL TECHNOLOGY INC	26,460	$6.991M	2.5%	$264.21	$224.23	+17.8%	COM	573874104
SIMO	SILICON MOTION TECHNOLOGY CO	21,129	$5.916M	2.1%	$280.00	$265.52	+5.5%	SPONSORED ADR	82706C108
SPCX	SPACE EXPLORATION TECHN CORP	16,208	$2.445M	0.9%	$150.86	$138.41	+9.0%	CLASS A COM STK	84615Q103
RRC	RANGE RES CORP	38,558	$1.428M	0.5%	$37.04	$39.27	-5.7%	COM	75281A109
XOM	EXXONMOBIL HOLDINGS CORP	8,305	$1.352M	0.5%	$162.75	$162.75	—	COM SHS	30233Q108

Increased Positions (14)

MSTR STRATEGY INC 8.1%

Value $23.14M (+78.3%) Shares 151,123 (+1.3%) Share Price $153.09 Est. Cost/Share $186.67 Unrealized @ Report Date -18.0%

TSLA TESLA INC 11.7%

Value $33.35M (-14.2%) Shares 93,983 (+1.7%) Share Price $354.81 Est. Cost/Share $252.39 Unrealized @ Report Date +40.6%

WIT WIPRO LTD 1.2%

Value $3.42M (+1077.6%) Shares 2,072,737 (+1505.9%) Share Price $1.65 Est. Cost/Share $1.87 Unrealized @ Report Date -11.9%

MU MICRON TECHNOLOGY INC 3.9%

Value $11.14M (+18.2%) Shares 10,463 (+28.1%) Share Price $1065.09 Est. Cost/Share $793.82 Unrealized @ Report Date +34.2%

ALAB ASTERA LABS INC 2.6%

Value $7.361M (-17.2%) Shares 20,679 (+12.4%) Share Price $355.97 Est. Cost/Share $162.20 Unrealized @ Report Date +119.5%

MXL MAXLINEAR INC 1.2%

Value $3.504M (+30.4%) Shares 38,802 (+84.9%) Share Price $90.31 Est. Cost/Share $73.06 Unrealized @ Report Date +23.6%

AAOI APPLIED OPTOELECTRONICS INC 2.8%

Value $7.967M (+10.4%) Shares 80,268 (+64.8%) Share Price $99.26 Est. Cost/Share $115.79 Unrealized @ Report Date -14.3%

AXTI AXT INC 0.8%

Value $2.343M (+45.6%) Shares 30,262 (+35.6%) Share Price $77.41 Est. Cost/Share $50.88 Unrealized @ Report Date +52.2%

AEHR AEHR TEST SYS 1.4%

Value $3.977M (+20.1%) Shares 39,920 (+15.8%) Share Price $99.62 Est. Cost/Share $91.41 Unrealized @ Report Date +9.0%

SPWO SP FUNDS TRUST 9.3%

Value $26.54M (-2.1%) Shares 792,363 (+1.1%) Share Price $33.50 Est. Cost/Share $21.86 Unrealized @ Report Date +53.2%

SPSK TIDAL TRUST I 10.7%

Value $30.47M (+1.2%) Shares 1,754,299 (+5.0%) Share Price $17.37 Est. Cost/Share $17.76 Unrealized @ Report Date -2.2%

GLD SPDR GOLD TR 0.2%

Value $475K (+46.7%) Shares 1,246 (+41.9%) Share Price $380.84 Est. Cost/Share $243.48 Unrealized @ Report Date +56.4%

ISRG INTUITIVE SURGICAL INC 0.4%

Value $1.187M (+8.5%) Shares 2,919 (+6.1%) Share Price $406.63 Est. Cost/Share $433.70 Unrealized @ Report Date -6.2%

CSCO CISCO SYS INC 1.1%

Value $3.158M (-0.5%) Shares 29,340 (+8.6%) Share Price $107.63 Est. Cost/Share $81.95 Unrealized @ Report Date +31.3%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MSTR	STRATEGY INC	151,123 (+1.3%)	$23.14M (+78.3%)	8.1%	$153.09	$186.67	-18.0%	CL A NEW	594972408
TSLA	TESLA INC	93,983 (+1.7%)	$33.35M (-14.2%)	11.7%	$354.81	$252.39	+40.6%	COM	88160R101
WIT	WIPRO LTD	2,072,737 (+1505.9%)	$3.42M (+1077.6%)	1.2%	$1.65	$1.87	-11.9%	SPON ADR 1 SH	97651M109
MU	MICRON TECHNOLOGY INC	10,463 (+28.1%)	$11.14M (+18.2%)	3.9%	$1065.09	$793.82	+34.2%	COM	595112103
ALAB	ASTERA LABS INC	20,679 (+12.4%)	$7.361M (-17.2%)	2.6%	$355.97	$162.20	+119.5%	COM	04626A103
MXL	MAXLINEAR INC	38,802 (+84.9%)	$3.504M (+30.4%)	1.2%	$90.31	$73.06	+23.6%	COM	57776J100
AAOI	APPLIED OPTOELECTRONICS INC	80,268 (+64.8%)	$7.967M (+10.4%)	2.8%	$99.26	$115.79	-14.3%	COM	03823U102
AXTI	AXT INC	30,262 (+35.6%)	$2.343M (+45.6%)	0.8%	$77.41	$50.88	+52.2%	COM	00246W103
AEHR	AEHR TEST SYS	39,920 (+15.8%)	$3.977M (+20.1%)	1.4%	$99.62	$91.41	+9.0%	COM	00760J108
SPWO	SP FUNDS TRUST	792,363 (+1.1%)	$26.54M (-2.1%)	9.3%	$33.50	$21.86	+53.2%	S&P WORLD EX US	84612A200
SPSK	TIDAL TRUST I	1,754,299 (+5.0%)	$30.47M (+1.2%)	10.7%	$17.37	$17.76	-2.2%	SP DWJNS SUKUK	886364702
GLD	SPDR GOLD TR	1,246 (+41.9%)	$475K (+46.7%)	0.2%	$380.84	$243.48	+56.4%	GOLD SHS	78463V107
ISRG	INTUITIVE SURGICAL INC	2,919 (+6.1%)	$1.187M (+8.5%)	0.4%	$406.63	$433.70	-6.2%	COM NEW	46120E602
CSCO	CISCO SYS INC	29,340 (+8.6%)	$3.158M (-0.5%)	1.1%	$107.63	$81.95	+31.3%	COM	17275R102

Exited Positions (11)

CLSK CLEANSPARK INC 1.8%

Value $5.129M Shares 352,497 Share Price $14.55 * Est. Cost/Share $9.36 Unrealized @ Report Date +37.6%

VRT VERTIV HOLDINGS CO 1.5%

Value $4.175M Shares 12,470 Share Price $334.82 * Est. Cost/Share $220.28 Unrealized @ Report Date +9.5%

PYPL PAYPAL HLDGS INC 1.2%

Value $3.388M Shares 78,470 Share Price $43.18 * Est. Cost/Share $63.35 Unrealized @ Report Date -17.1%

NVO NOVO-NORDISK A S 0.5%

Value $1.549M Shares 32,303 Share Price $47.94 * Est. Cost/Share $47.23 Unrealized @ Report Date -19.7%

NKE NIKE INC 0.3%

Value $859K Shares 20,927 Share Price $41.05 * Est. Cost/Share $64.56 Unrealized @ Report Date -45.2%

XOM EXXON MOBIL CORP 0.1%

Value $250K Shares 1,825 Share Price $136.72 * Est. Cost/Share $145.92 Unrealized @ Report Date +11.5%

HAFN HAFNIA LTD 0.1%

Value $240K Shares 36,216 Share Price $6.64 * Est. Cost/Share $6.63 Unrealized @ Report Date +49.9%

BKE BUCKLE INC 0.1%

Value $227K Shares 5,375 Share Price $42.20 Est. Cost/Share $51.31 Unrealized @ Report Date -16.3%

SNOW SNOWFLAKE INC 0.1%

Value $223K Shares 875 Share Price $254.59 * Est. Cost/Share $184.02 Unrealized @ Report Date +84.5%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $222K Shares 465 Share Price $477.57 * Est. Cost/Share $94.56 Unrealized @ Report Date +382.4%

PANW PALO ALTO NETWORKS INC 0.1%

Value $213K Shares 625 Share Price $341.02 * Est. Cost/Share $228.90 Unrealized @ Report Date +73.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CLSK	CLEANSPARK INC	352,497	$5.129M	1.8%	$14.55 *	$9.36	+37.6%	—	18452B209
VRT	VERTIV HOLDINGS CO	12,470	$4.175M	1.5%	$334.82 *	$220.28	+9.5%	—	92537N108
PYPL	PAYPAL HLDGS INC	78,470	$3.388M	1.2%	$43.18 *	$63.35	-17.1%	—	70450Y103
NVO	NOVO-NORDISK A S	32,303	$1.549M	0.5%	$47.94 *	$47.23	-19.7%	—	670100205
NKE	NIKE INC	20,927	$859K	0.3%	$41.05 *	$64.56	-45.2%	—	654106103
XOM	EXXON MOBIL CORP	1,825	$250K	0.1%	$136.72 *	$145.92	+11.5%	—	30231G102
HAFN	HAFNIA LTD	36,216	$240K	0.1%	$6.64 *	$6.63	+49.9%	—	Y2990R101
BKE	BUCKLE INC	5,375	$227K	0.1%	$42.20	$51.31	-16.3%	—	118440106
SNOW	SNOWFLAKE INC	875	$223K	0.1%	$254.59 *	$184.02	+84.5%	—	833445109
TSM	TAIWAN SEMICONDUCTOR MANUFAC	465	$222K	0.1%	$477.57 *	$94.56	+382.4%	—	874039100
PANW	PALO ALTO NETWORKS INC	625	$213K	0.1%	$341.02 *	$228.90	+73.6%	—	697435105

Decreased Positions (17)

SPUS TIDAL TRUST I 13.6%

Value $38.72M (-12.2%) Shares 650,258 (-15.2%) Share Price $59.54 Est. Cost/Share $34.12 Unrealized @ Report Date +74.5%

SPRE TIDAL TRUST I 3.4%

Value $9.575M (-23.5%) Shares 505,283 (-14.7%) Share Price $18.95 Est. Cost/Share $19.39 Unrealized @ Report Date -2.3%

AVGO BROADCOM INC 0.5%

Value $1.547M (-54.0%) Shares 4,404 (-50.5%) Share Price $351.19 Est. Cost/Share $346.98 Unrealized @ Report Date +1.2%

SPTE SP FUNDS TRUST 9.5%

Value $27.01M (-2.8%) Shares 540,070 (-5.1%) Share Price $50.01 Est. Cost/Share $21.97 Unrealized @ Report Date +127.6%

TOL TOLL BROTHERS INC 0.8%

Value $2.341M (-21.7%) Shares 17,374 (-4.3%) Share Price $134.75 Est. Cost/Share $126.16 Unrealized @ Report Date +6.8%

NVDA NVIDIA CORPORATION 2.9%

Value $8.14M (+8.5%) Shares 35,642 (-4.9%) Share Price $228.38 Est. Cost/Share $123.44 Unrealized @ Report Date +85.0%

VRSN VERISIGN INC 1.3%

Value $3.747M (+9.1%) Shares 13,287 (-2.6%) Share Price $282.01 Est. Cost/Share $198.01 Unrealized @ Report Date +42.4%

BBY BEST BUY INC 1.1%

Value $3.122M (-7.4%) Shares 35,382 (-20.4%) Share Price $88.24 Est. Cost/Share $65.45 Unrealized @ Report Date +34.8%

ITW ILLINOIS TOOL WKS INC 0.6%

Value $1.675M (-7.8%) Shares 6,511 (-3.1%) Share Price $257.28 Est. Cost/Share $270.19 Unrealized @ Report Date -4.8%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value $207K (-36.1%) Shares 941 (-18.3%) Share Price $219.82 Est. Cost/Share $269.89 Unrealized @ Report Date -18.5%

RACE FERRARI N V 1.0%

Value $2.7M (+4.3%) Shares 6,873 (-1.1%) Share Price $392.85 Est. Cost/Share $404.21 Unrealized @ Report Date -2.8%

TXN TEXAS INSTRS INC 0.1%

Value $252K (-28.2%) Shares 899 (-23.6%) Share Price $280.09 Est. Cost/Share $202.11 Unrealized @ Report Date +38.6%

KMB KIMBERLY-CLARK CORP 0.1%

Value $204K (-28.5%) Shares 2,092 (-19.4%) Share Price $97.43 Est. Cost/Share $102.31 Unrealized @ Report Date -4.8%

SWKS SKYWORKS SOLUTIONS INC 0.7%

Value $2.089M (+3.7%) Shares 24,438 (-17.8%) Share Price $85.48 Est. Cost/Share $58.73 Unrealized @ Report Date +45.5%

PAYX PAYCHEX INC 0.1%

Value $231K (-21.9%) Shares 2,344 (-22.0%) Share Price $98.50 Est. Cost/Share $98.92 Unrealized @ Report Date -0.4%

PG PROCTER & GAMBLE CO 0.6%

Value $1.825M (-3.1%) Shares 12,560 (-2.2%) Share Price $145.29 Est. Cost/Share $150.77 Unrealized @ Report Date -3.6%

JNJ JOHNSON & JOHNSON 1.4%

Value $4.055M (-1.4%) Shares 15,317 (-5.4%) Share Price $264.74 Est. Cost/Share $155.95 Unrealized @ Report Date +69.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPUS	TIDAL TRUST I	650,258 (-15.2%)	$38.72M (-12.2%)	13.6%	$59.54	$34.12	+74.5%	SP FDS S&P 500	886364801
SPRE	TIDAL TRUST I	505,283 (-14.7%)	$9.575M (-23.5%)	3.4%	$18.95	$19.39	-2.3%	SP FUNDS S&P GBL	886364769
AVGO	BROADCOM INC	4,404 (-50.5%)	$1.547M (-54.0%)	0.5%	$351.19	$346.98	+1.2%	COM	11135F101
SPTE	SP FUNDS TRUST	540,070 (-5.1%)	$27.01M (-2.8%)	9.5%	$50.01	$21.97	+127.6%	S&P GLO TEC ETF	84612A101
TOL	TOLL BROTHERS INC	17,374 (-4.3%)	$2.341M (-21.7%)	0.8%	$134.75	$126.16	+6.8%	COM	889478103
NVDA	NVIDIA CORPORATION	35,642 (-4.9%)	$8.14M (+8.5%)	2.9%	$228.38	$123.44	+85.0%	COM	67066G104
VRSN	VERISIGN INC	13,287 (-2.6%)	$3.747M (+9.1%)	1.3%	$282.01	$198.01	+42.4%	COM	92343E102
BBY	BEST BUY INC	35,382 (-20.4%)	$3.122M (-7.4%)	1.1%	$88.24	$65.45	+34.8%	COM	086516101
ITW	ILLINOIS TOOL WKS INC	6,511 (-3.1%)	$1.675M (-7.8%)	0.6%	$257.28	$270.19	-4.8%	COM	452308109
IBM	INTERNATIONAL BUSINESS MACHS	941 (-18.3%)	$207K (-36.1%)	0.1%	$219.82	$269.89	-18.5%	COM	459200101
RACE	FERRARI N V	6,873 (-1.1%)	$2.7M (+4.3%)	1.0%	$392.85	$404.21	-2.8%	COM	N3167Y103
TXN	TEXAS INSTRS INC	899 (-23.6%)	$252K (-28.2%)	0.1%	$280.09	$202.11	+38.6%	COM	882508104
KMB	KIMBERLY-CLARK CORP	2,092 (-19.4%)	$204K (-28.5%)	0.1%	$97.43	$102.31	-4.8%	COM	494368103
SWKS	SKYWORKS SOLUTIONS INC	24,438 (-17.8%)	$2.089M (+3.7%)	0.7%	$85.48	$58.73	+45.5%	COM	83088M102
PAYX	PAYCHEX INC	2,344 (-22.0%)	$231K (-21.9%)	0.1%	$98.50	$98.92	-0.4%	COM	704326107
PG	PROCTER & GAMBLE CO	12,560 (-2.2%)	$1.825M (-3.1%)	0.6%	$145.29	$150.77	-3.6%	COM	742718109
JNJ	JOHNSON & JOHNSON	15,317 (-5.4%)	$4.055M (-1.4%)	1.4%	$264.74	$155.95	+69.8%	COM	478160104

Unchanged Positions (1)

ZS ZSCALER INC 0.2%

Value $492K Shares 2,465 Share Price $199.45 Est. Cost/Share $139.42 Unrealized @ Report Date +43.0%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
ZS	ZSCALER INC	2,465	$492K	0.2%	$199.45	$139.42	+43.0%	COM	98980G102