Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLV	SELECT SECTOR SPDR TR	56,550	$8.973M	3.4%	$158.67	—	ST STR CARE ETF	81369Y209
XLP	SELECT SECTOR SPDR TR	105,150	$8.735M	3.3%	$83.07	—	ST STR STAPL ETF	81369Y308
XLE	SELECT SECTOR SPDR TR	107,050	$5.689M	2.2%	$53.14	—	ST STR ENERG ETF	81369Y506
OXY	OCCIDENTAL PETE CORP	106,080	$5.152M	2.0%	$48.57	—	COM	674599105
EQNR	EQUINOR ASA	95,650	$3.002M	1.1%	$31.39	—	SPONSORED ADR	29446M102
OUST	OUSTER INC	34,098	$2.132M	0.8%	$62.52	—	COM NEW	68989M202
TRUP	TRUPANION INC	18,465	$457K	0.2%	$24.77	—	COM	898202106
FRPT	FRESHPET INC	7,433	$439K	0.2%	$59.12	—	COM	358039105
MP	MP MATERIALS CORP	7,698	$431K	0.2%	$56.01	—	COM CL A	553368101
QCOM	QUALCOMM INC	2,243	$414K	0.2%	$184.78	—	COM	747525103
INDA	ISHARES TR	8,320	$410K	0.2%	$49.30	—	MSCI INDIA ETF	46429B598
CHWY	CHEWY INC	18,875	$371K	0.1%	$19.65	—	CL A	16679L109
USAR	USA RARE EARTH INC	14,737	$318K	0.1%	$21.58	—	COM	91733P107
LB	LANDBRIDGE COMPANY LLC	3,520	$279K	0.1%	$79.24	—	CL A	514952100
JNJ	JOHNSON & JOHNSON	1,090	$277K	0.1%	$253.97	—	COM	478160104
ITA	ISHARES TR	1,110	$269K	0.1%	$242.42	—	US AER DEF ETF	464288760
EPU	ISHARES TR	3,020	$252K	0.1%	$83.50	—	MSCI PERU GL ETF	464289842
SITM	SITIME CORP	337	$251K	0.1%	$744.81	—	COM	82982T106
ADI	ANALOG DEVICES INC	624	$248K	0.1%	$397.31	—	COM	032654105
LEU	CENTRUS ENERGY CORP	1,471	$247K	0.1%	$167.94	—	CL A	15643U104
EWW	ISHARES INC	3,220	$242K	0.1%	$75.27	—	MSCI MEXICO ETF	464286822
XHS	SPDR SERIES TRUST	1,770	$234K	0.1%	$132.10	—	ST STR SP HCSVC	78464A573
ISRG	INTUITIVE SURGICAL INC	560	$223K	0.1%	$397.68	—	COM NEW	46120E602
BIIB	BIOGEN INC	1,000	$216K	0.1%	$216.06	—	COM	09062X103
PBR	PETROLEO BRASILEIRO S A	11,199	$181K	0.1%	$16.16	—	SPONSORED ADR	71654V408

Increased Positions (35)

XOP SPDR SERIES TRUST 3.2%

Value $8.467M (+1208.9%) Shares 54,918 (+1443.5%) Est. Cost $155.96 Unrealized —

VG VENTURE GLOBAL INC 2.1%

Value $5.591M (+2971.5%) Shares 502,330 (+4249.2%) Est. Cost $11.08 Unrealized —

GLD SPDR GOLD TR 13.8%

Value $36.36M (-12.1%) Shares 98,690 (+2.7%) Est. Cost $292.06 Unrealized —

PPLT ABRDN PLATINUM ETF TRUST 3.0%

Value $7.86M (-38.5%) Shares 556,290 (+675.3%) Est. Cost $27.89 Unrealized —

RDW REDWIRE CORPORATION 2.0%

Value $5.384M (+507.8%) Shares 440,247 (+322.5%) Est. Cost $11.50 Unrealized —

MSFT MICROSOFT CORP 5.5%

Value $14.4M (+32.6%) Shares 38,600 (+31.6%) Est. Cost $432.71 Unrealized —

SLV ISHARES SILVER TR 3.5%

Value $9.158M (-20.1%) Shares 171,270 (+1.8%) Est. Cost $25.37 Unrealized —

URNM SPROTT FDS TR 3.2%

Value $8.383M (-15.0%) Shares 159,275 (+1.7%) Est. Cost $51.26 Unrealized —

SILJ AMPLIFY ETF TR 4.2%

Value $11.02M (-10.1%) Shares 425,000 (+3.0%) Est. Cost $20.46 Unrealized —

FCX FREEPORT MCMORAN INC 2.0%

Value $5.355M (+17.8%) Shares 85,150 (+10.1%) Est. Cost $46.26 Unrealized —

FCG FIRST TR EXCHANGE-TRADED FD 2.4%

Value $6.215M (-11.1%) Shares 233,546 (+5.9%) Est. Cost $30.66 Unrealized —

CHIQ GLOBAL X FDS 1.1%

Value $3.002M (-18.8%) Shares 189,900 (+2.2%) Est. Cost $21.06 Unrealized —

IONQ IONQ INC 0.3%

Value $854K (+309.2%) Shares 16,043 (+121.5%) Est. Cost $47.91 Unrealized —

QBTS D-WAVE QUANTUM INC 0.3%

Value $805K (+373.3%) Shares 33,572 (+184.7%) Est. Cost $23.87 Unrealized —

GDXJ VANECK ETF TRUST 1.8%

Value $4.856M (+14.0%) Shares 49,430 (+39.3%) Est. Cost $55.29 Unrealized —

AMZN AMAZON COM INC 1.5%

Value $3.847M (+18.1%) Shares 16,140 (+3.2%) Est. Cost $229.02 Unrealized —

PFE PFIZER INC 2.9%

Value $7.769M (-6.5%) Shares 322,630 (+9.0%) Est. Cost $25.51 Unrealized —

NICE NICE LTD 1.1%

Value $2.994M (-15.3%) Shares 32,950 (+2.8%) Est. Cost $141.84 Unrealized —

RGTI RIGETTI COMPUTING INC 0.3%

Value $709K (+251.8%) Shares 36,704 (+155.7%) Est. Cost $19.76 Unrealized —

QUBT QUANTUM COMPUTING INC 0.2%

Value $590K (+181.5%) Shares 60,859 (+98.8%) Est. Cost $9.93 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.3%

Value $917K (+58.8%) Shares 9,550 (+107.6%) Est. Cost $98.54 Unrealized —

EWZ ISHARES INC 7.3%

Value $19.39M (-1.5%) Shares 561,885 (+9.6%) Est. Cost $34.79 Unrealized —

GDX VANECK ETF TRUST 0.4%

Value $929K (+22.8%) Shares 12,310 (+49.4%) Est. Cost $48.63 Unrealized —

COPX GLOBAL X FDS 2.1%

Value $5.565M (+2.2%) Shares 72,300 (+1.4%) Est. Cost $76.36 Unrealized —

FPI FARMLAND PARTNERS INC 0.1%

Value $230K (+46.6%) Shares 23,790 (+70.1%) Est. Cost $10.59 Unrealized —

MOS MOSAIC CO 0.1%

Value $283K (+27.8%) Shares 13,360 (+53.7%) Est. Cost $25.54 Unrealized —

MOO VANECK ETF TRUST 1.7%

Value $4.609M (-1.3%) Shares 58,190 (+5.3%) Est. Cost $82.77 Unrealized —

ILF ISHARES TR 2.7%

Value $7.226M (+0.7%) Shares 214,110 (+6.0%) Est. Cost $29.55 Unrealized —

WRD WERIDE INC 0.0%

Value $107K (-27.3%) Shares 18,391 (+1.1%) Est. Cost $8.07 Unrealized —

EQT EQT CORP 0.1%

Value $340K (+13.0%) Shares 6,400 (+35.3%) Est. Cost $54.72 Unrealized —

GLDM WORLD GOLD TR 0.3%

Value $790K (+3.5%) Shares 9,950 (+20.8%) Est. Cost $87.27 Unrealized —

KWEB KRANESHARES TRUST 0.2%

Value $448K (-3.4%) Shares 18,300 (+12.3%) Est. Cost $31.48 Unrealized —

LND BRASILAGRO COMPANHIA BRASILE 0.0%

Value $109K (+7.6%) Shares 30,580 (+27.5%) Est. Cost $4.09 Unrealized —

LAND GLADSTONE LD CORP 0.1%

Value $150K (-1.6%) Shares 17,620 (+17.7%) Est. Cost $9.95 Unrealized —

WOOF PETCO HEALTH & WELLNESS CO I 0.0%

Value $81,245 (-1.1%) Shares 29,869 (+1.1%) Est. Cost $3.19 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOP	SPDR SERIES TRUST	54,918 (+1443.5%)	$8.467M (+1208.9%)	3.2%	$155.96	—	SP O&G EXPL PRO	78468R556
VG	VENTURE GLOBAL INC	502,330 (+4249.2%)	$5.591M (+2971.5%)	2.1%	$11.08	—	COM CL A	92333F101
GLD	SPDR GOLD TR	98,690 (+2.7%)	$36.36M (-12.1%)	13.8%	$292.06	—	GOLD SHS	78463V107
PPLT	ABRDN PLATINUM ETF TRUST	556,290 (+675.3%)	$7.86M (-38.5%)	3.0%	$27.89	—	PHYSCL PLATM SHS	003260106
RDW	REDWIRE CORPORATION	440,247 (+322.5%)	$5.384M (+507.8%)	2.0%	$11.50	—	COM	75776W103
MSFT	MICROSOFT CORP	38,600 (+31.6%)	$14.4M (+32.6%)	5.5%	$432.71	—	COM	594918104
SLV	ISHARES SILVER TR	171,270 (+1.8%)	$9.158M (-20.1%)	3.5%	$25.37	—	ISHARES	46428Q109
URNM	SPROTT FDS TR	159,275 (+1.7%)	$8.383M (-15.0%)	3.2%	$51.26	—	URANI MINER ETF	85208P303
SILJ	AMPLIFY ETF TR	425,000 (+3.0%)	$11.02M (-10.1%)	4.2%	$20.46	—	JR SILV MINE ETF	032108649
FCX	FREEPORT MCMORAN INC	85,150 (+10.1%)	$5.355M (+17.8%)	2.0%	$46.26	—	CL B	35671D857
FCG	FIRST TR EXCHANGE-TRADED FD	233,546 (+5.9%)	$6.215M (-11.1%)	2.4%	$30.66	—	NAT GAS ETF	33733E807
CHIQ	GLOBAL X FDS	189,900 (+2.2%)	$3.002M (-18.8%)	1.1%	$21.06	—	MSCI CHINA CNSMR	37950E408
IONQ	IONQ INC	16,043 (+121.5%)	$854K (+309.2%)	0.3%	$47.91	—	COM	46222L108
QBTS	D-WAVE QUANTUM INC	33,572 (+184.7%)	$805K (+373.3%)	0.3%	$23.87	—	COM	26740W109
GDXJ	VANECK ETF TRUST	49,430 (+39.3%)	$4.856M (+14.0%)	1.8%	$55.29	—	JUNIOR GOLD MINE	92189F791
AMZN	AMAZON COM INC	16,140 (+3.2%)	$3.847M (+18.1%)	1.5%	$229.02	—	COM	023135106
PFE	PFIZER INC	322,630 (+9.0%)	$7.769M (-6.5%)	2.9%	$25.51	—	COM	717081103
NICE	NICE LTD	32,950 (+2.8%)	$2.994M (-15.3%)	1.1%	$141.84	—	SPONSORED ADR	653656108
RGTI	RIGETTI COMPUTING INC	36,704 (+155.7%)	$709K (+251.8%)	0.3%	$19.76	—	COMMON STOCK	76655K103
QUBT	QUANTUM COMPUTING INC	60,859 (+98.8%)	$590K (+181.5%)	0.2%	$9.93	—	COM	74766W108
BABA	ALIBABA GROUP HLDG LTD	9,550 (+107.6%)	$917K (+58.8%)	0.3%	$98.54	—	SPONSORED ADS	01609W102
EWZ	ISHARES INC	561,885 (+9.6%)	$19.39M (-1.5%)	7.3%	$34.79	—	MSCI BRAZIL ETF	464286400
GDX	VANECK ETF TRUST	12,310 (+49.4%)	$929K (+22.8%)	0.4%	$48.63	—	GOLD MINERS ETF	92189F106
COPX	GLOBAL X FDS	72,300 (+1.4%)	$5.565M (+2.2%)	2.1%	$76.36	—	GLOBAL X COPPER	37954Y830
FPI	FARMLAND PARTNERS INC	23,790 (+70.1%)	$230K (+46.6%)	0.1%	$10.59	—	COM	31154R109
MOS	MOSAIC CO	13,360 (+53.7%)	$283K (+27.8%)	0.1%	$25.54	—	COM	61945C103
MOO	VANECK ETF TRUST	58,190 (+5.3%)	$4.609M (-1.3%)	1.7%	$82.77	—	AGRIBUSINESS ETF	92189F700
ILF	ISHARES TR	214,110 (+6.0%)	$7.226M (+0.7%)	2.7%	$29.55	—	LATN AMER 40 ETF	464287390
WRD	WERIDE INC	18,391 (+1.1%)	$107K (-27.3%)	0.0%	$8.07	—	SPONSORED ADS	950915108
EQT	EQT CORP	6,400 (+35.3%)	$340K (+13.0%)	0.1%	$54.72	—	COM	26884L109
GLDM	WORLD GOLD TR	9,950 (+20.8%)	$790K (+3.5%)	0.3%	$87.27	—	SPDR GLD MINIS	98149E303
KWEB	KRANESHARES TRUST	18,300 (+12.3%)	$448K (-3.4%)	0.2%	$31.48	—	CSI CHI INTERNET	500767306
LND	BRASILAGRO COMPANHIA BRASILE	30,580 (+27.5%)	$109K (+7.6%)	0.0%	$4.09	—	SPONSORED ADR	10554B104
LAND	GLADSTONE LD CORP	17,620 (+17.7%)	$150K (-1.6%)	0.1%	$9.95	—	COM	376549101
WOOF	PETCO HEALTH & WELLNESS CO I	29,869 (+1.1%)	$81,245 (-1.1%)	0.0%	$3.19	—	CL A COM	71601V105

Exited Positions (8)

IJR ISHARES TR 4.2%

Value $11.03M Shares 88,730 Est. Cost $115.70 Unrealized —

IRDM IRIDIUM COMMUNICATIONS INC 0.1%

Value $334K Shares 12,026 Est. Cost $20.62 Unrealized —

RKT ROCKET COS INC 0.1%

Value $310K Shares 21,783 Est. Cost $18.09 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.1%

Value $255K Shares 374 Est. Cost $673.66 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.1%

Value $252K Shares 731 Est. Cost $343.14 Unrealized —

URNJ SPROTT FDS TR 0.1%

Value $244K Shares 8,321 Est. Cost $29.15 Unrealized —

COAL EXCHANGE TRADED CONCEPTS TRU 0.1%

Value $238K Shares 8,680 Est. Cost $27.44 Unrealized —

TXT TEXTRON INC 0.1%

Value $208K Shares 2,379 Est. Cost $94.02 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IJR	ISHARES TR	88,730	$11.03M	4.2%	$115.70	—	—	464287804
IRDM	IRIDIUM COMMUNICATIONS INC	12,026	$334K	0.1%	$20.62	—	—	46269C102
RKT	ROCKET COS INC	21,783	$310K	0.1%	$18.09	—	—	77311W101
NOC	NORTHROP GRUMMAN CORP	374	$255K	0.1%	$673.66	—	—	666807102
LHX	L3HARRIS TECHNOLOGIES INC	731	$252K	0.1%	$343.14	—	—	502431109
URNJ	SPROTT FDS TR	8,321	$244K	0.1%	$29.15	—	—	85208P808
COAL	EXCHANGE TRADED CONCEPTS TRU	8,680	$238K	0.1%	$27.44	—	—	301505467
TXT	TEXTRON INC	2,379	$208K	0.1%	$94.02	—	—	883203101

Decreased Positions (10)

XMHQ INVESCO EXCHANGE TRADED FD T 3.8%

Value $10.01M (-11.1%) Shares 88,720 (-18.5%) Est. Cost $98.05 Unrealized —

MRCY MERCURY SYS INC 0.5%

Value $1.219M (+27.3%) Shares 9,965 (-24.1%) Est. Cost $85.16 Unrealized —

RKLB ROCKET LAB CORP 0.4%

Value $1.052M (+19.8%) Shares 10,348 (-24.3%) Est. Cost $72.58 Unrealized —

C CITIGROUP INC 0.2%

Value $400K (+9.5%) Shares 2,858 (-11.2%) Est. Cost $74.53 Unrealized —

BHP BHP BILLITON LIMITED 0.1%

Value $222K (-11.9%) Shares 2,670 (-23.1%) Est. Cost $72.74 Unrealized —

LUNR INTUITIVE MACHINES INC 0.1%

Value $210K (-12.4%) Shares 9,826 (-24.0%) Est. Cost $18.56 Unrealized —

PL PLANET LABS PBC 0.1%

Value $267K (-9.6%) Shares 8,056 (-23.7%) Est. Cost $24.28 Unrealized —

HXL HEXCEL CORP NEW 0.1%

Value $216K (-5.5%) Shares 2,160 (-23.6%) Est. Cost $84.40 Unrealized —

CIBR FIRST TR EXCHANGE-TRADED FD 0.1%

Value $220K (+3.3%) Shares 2,450 (-27.9%) Est. Cost $62.68 Unrealized —

VSAT VIASAT INC 0.1%

Value $270K (+1.5%) Shares 3,009 (-48.3%) Est. Cost $43.72 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XMHQ	INVESCO EXCHANGE TRADED FD T	88,720 (-18.5%)	$10.01M (-11.1%)	3.8%	$98.05	—	S&P MDCP QUALITY	46137V472
MRCY	MERCURY SYS INC	9,965 (-24.1%)	$1.219M (+27.3%)	0.5%	$85.16	—	COM	589378108
RKLB	ROCKET LAB CORP	10,348 (-24.3%)	$1.052M (+19.8%)	0.4%	$72.58	—	COM	773121108
C	CITIGROUP INC	2,858 (-11.2%)	$400K (+9.5%)	0.2%	$74.53	—	COM NEW	172967424
BHP	BHP BILLITON LIMITED	2,670 (-23.1%)	$222K (-11.9%)	0.1%	$72.74	—	SPONSORED ADS	088606108
LUNR	INTUITIVE MACHINES INC	9,826 (-24.0%)	$210K (-12.4%)	0.1%	$18.56	—	CLASS A COM	46125A100
PL	PLANET LABS PBC	8,056 (-23.7%)	$267K (-9.6%)	0.1%	$24.28	—	COM CL A	72703X106
HXL	HEXCEL CORP NEW	2,160 (-23.6%)	$216K (-5.5%)	0.1%	$84.40	—	COM	428291108
CIBR	FIRST TR EXCHANGE-TRADED FD	2,450 (-27.9%)	$220K (+3.3%)	0.1%	$62.68	—	NASDAQ CYB ETF	33734X846
VSAT	VIASAT INC	3,009 (-48.3%)	$270K (+1.5%)	0.1%	$43.72	—	COM	92552V100

Unchanged Positions (12)

IBIT ISHARES BITCOIN TRUST ETF 2.6%

Value $6.834M Shares 205,300 Est. Cost $45.56 Unrealized —

ETHA ISHARES ETHEREUM TR 0.6%

Value $1.673M Shares 140,700 Est. Cost $21.64 Unrealized —

EWJ ISHARES INC 2.1%

Value $5.648M Shares 60,550 Est. Cost $68.17 Unrealized —

BIDU BAIDU INC 1.7%

Value $4.573M Shares 40,008 Est. Cost $111.42 Unrealized —

ASHR DBX ETF TR 0.3%

Value $843K Shares 23,000 Est. Cost $25.98 Unrealized —

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.1%

Value $287K Shares 600 Est. Cost $337.95 Unrealized —

IXC ISHARES TR 0.1%

Value $266K Shares 5,420 Est. Cost $41.93 Unrealized —

SHY ISHARES TR 1.4%

Value $3.799M Shares 46,269 Est. Cost $82.82 Unrealized —

PICK ISHARES INC 0.2%

Value $608K Shares 10,460 Est. Cost $51.25 Unrealized —

XES SPDR SERIES TRUST 0.1%

Value $224K Shares 2,000 Est. Cost $116.33 Unrealized —

ASEA GLOBAL X FDS 0.3%

Value $815K Shares 41,570 Est. Cost $18.33 Unrealized —

RIO RIO TINTO PLC 0.1%

Value $207K Shares 2,180 Est. Cost $93.28 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IBIT	ISHARES BITCOIN TRUST ETF	205,300	$6.834M	2.6%	$45.56	—	SHS BEN INT	46438F101
ETHA	ISHARES ETHEREUM TR	140,700	$1.673M	0.6%	$21.64	—	SHS	46438R105
EWJ	ISHARES INC	60,550	$5.648M	2.1%	$68.17	—	MSCI JAPAN ETF	46434G822
BIDU	BAIDU INC	40,008	$4.573M	1.7%	$111.42	—	SPON ADR REP A	056752108
ASHR	DBX ETF TR	23,000	$843K	0.3%	$25.98	—	XTRACK HRVST CSI	233051879
TSM	TAIWAN SEMICONDUCTOR MANUFAC	600	$287K	0.1%	$337.95	—	SPONSORED ADS	874039100
IXC	ISHARES TR	5,420	$266K	0.1%	$41.93	—	GLOBAL ENERG ETF	464287341
SHY	ISHARES TR	46,269	$3.799M	1.4%	$82.82	—	1 3 YR TREAS BD	464287457
PICK	ISHARES INC	10,460	$608K	0.2%	$51.25	—	MSCI GBL ETF NEW	46434G848
XES	SPDR SERIES TRUST	2,000	$224K	0.1%	$116.33	—	SP O&G EQP SERV	78468R549
ASEA	GLOBAL X FDS	41,570	$815K	0.3%	$18.33	—	GBL X FTSE ETF	37950E648
RIO	RIO TINTO PLC	2,180	$207K	0.1%	$93.28	—	SPONSORED ADR	767204100