Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BE	BLOOM ENERGY CORP	9,752	$2.952M	1.6%	$302.70	$256.20	+18.1%	COM CL A	093712107
AGX	ARGAN INC	1,855	$1.481M	0.8%	$798.55	$665.30	+20.0%	COM	04010E109
MU	MICRON TECHNOLOGY INC	545	$629K	0.3%	$1154.29	$749.89	+53.9%	COM	595112103
ETN	EATON CORP PLC	1,387	$591K	0.3%	$426.12	$403.27	+5.7%	SHS	G29183103
AMD	ADVANCED MICRO DEVICES INC	815	$473K	0.2%	$580.91	$409.99	+41.7%	COM	007903107
SIMO	SILICON MOTION TECHNOLOGY CO	1,235	$412K	0.2%	$333.33	$231.68	+43.9%	SPONSORED ADR	82706C108
NBIS	NEBIUS GROUP N.V.	1,425	$394K	0.2%	$276.17	$198.04	+39.5%	SHS CLASS A	N97284108
RIOT	RIOT PLATFORMS INC	14,025	$384K	0.2%	$27.38	$22.54	+21.5%	COM	767292105
DD	DUPONT DE NEMOURS INC	2,829	$384K	0.2%	$135.64	$135.64	—	COMMON STOCK	26614N201
BUR	BURFORD CAPITAL LIMITED	22,000	$90,200	0.0%	$4.10	$4.57	-10.3%	ORD SHS	G17977110

Increased Positions (9)

VRT VERTIV HOLDINGS CO 1.2%

Value $2.365M (+293.3%) Shares 7,065 (+194.4%) Share Price $334.77 Est. Cost/Share $284.79 Unrealized @ Report Date +17.6%

ARM ARM HOLDINGS PLC 1.0%

Value $1.89M (+342.2%) Shares 5,331 (+88.7%) Share Price $354.50 Est. Cost/Share $189.30 Unrealized @ Report Date +87.3%

CRWV COREWEAVE INC 0.7%

Value $1.363M (+155.1%) Shares 13,690 (+98.6%) Share Price $99.54 Est. Cost/Share $97.30 Unrealized @ Report Date +2.3%

HOOD ROBINHOOD MKTS INC 0.9%

Value $1.786M (+79.5%) Shares 17,815 (+24.0%) Share Price $100.28 Est. Cost/Share $93.09 Unrealized @ Report Date +7.7%

BX BLACKSTONE INC 1.3%

Value $2.463M (+8.0%) Shares 20,929 (+5.5%) Share Price $117.67 Est. Cost/Share $144.35 Unrealized @ Report Date -18.5%

UPS UNITED PARCEL SVCS INC 0.4%

Value $832K (+24.5%) Shares 7,740 (+13.9%) Share Price $107.50 Est. Cost/Share $106.19 Unrealized @ Report Date +1.2%

RSP INVESCO EXCHANGE TRADED FD T 0.5%

Value $1.018M (+12.6%) Shares 4,785 (+1.6%) Share Price $212.77 Est. Cost/Share $190.06 Unrealized @ Report Date +11.9%

PM PHILIP MORRIS INTL INC 0.2%

Value $318K (+12.0%) Shares 1,761 (+2.4%) Share Price $180.81 Est. Cost/Share $173.77 Unrealized @ Report Date +4.1%

BSM BLACK STONE MINERALS L P 0.1%

Value $237K (-1.8%) Shares 17,000 (+6.3%) Share Price $13.97 Est. Cost/Share $13.33 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VRT	VERTIV HOLDINGS CO	7,065 (+194.4%)	$2.365M (+293.3%)	1.2%	$334.77	$284.79	+17.6%	COM CL A	92537N108
ARM	ARM HOLDINGS PLC	5,331 (+88.7%)	$1.89M (+342.2%)	1.0%	$354.50	$189.30	+87.3%	SPONSORED ADS	042068205
CRWV	COREWEAVE INC	13,690 (+98.6%)	$1.363M (+155.1%)	0.7%	$99.54	$97.30	+2.3%	COM CL A	21873S108
HOOD	ROBINHOOD MKTS INC	17,815 (+24.0%)	$1.786M (+79.5%)	0.9%	$100.28	$93.09	+7.7%	COM CL A	770700102
BX	BLACKSTONE INC	20,929 (+5.5%)	$2.463M (+8.0%)	1.3%	$117.67	$144.35	-18.5%	COM	09260D107
UPS	UNITED PARCEL SVCS INC	7,740 (+13.9%)	$832K (+24.5%)	0.4%	$107.50	$106.19	+1.2%	CL B	911312106
RSP	INVESCO EXCHANGE TRADED FD T	4,785 (+1.6%)	$1.018M (+12.6%)	0.5%	$212.77	$190.06	+11.9%	S&P500 EQL WGT	46137V357
PM	PHILIP MORRIS INTL INC	1,761 (+2.4%)	$318K (+12.0%)	0.2%	$180.81	$173.77	+4.1%	COM	718172109
BSM	BLACK STONE MINERALS L P	17,000 (+6.3%)	$237K (-1.8%)	0.1%	$13.97	$13.33	—	COM UNIT	09225M101

Exited Positions (13)

RACE FERRARI N V 0.8%

Value $1.454M Shares 4,303 Share Price $337.83 * Est. Cost/Share $369.11 Unrealized @ Report Date +0.9%

TNK TEEKAY TANKERS LTD 0.4%

Value $777K Shares 10,600 Share Price $73.32 * Est. Cost/Share $56.15 Unrealized @ Report Date +15.5%

DHR DANAHER CORP DEL 0.4%

Value $681K Shares 3,590 Share Price $189.60 Est. Cost/Share $212.97 Unrealized @ Report Date -10.6%

NKE NIKE INC 0.4%

Value $669K Shares 12,666 Share Price $52.82 * Est. Cost/Share $64.91 Unrealized @ Report Date -36.8%

AR ANTERO RESOURCES CORP 0.3%

Value $551K Shares 12,975 Share Price $42.44 * Est. Cost/Share $33.87 Unrealized @ Report Date +3.8%

DD DUPONT DE NEMOURS INC 0.3%

Value $477K Shares 10,409 Share Price $45.80 * Est. Cost/Share $37.39 Unrealized @ Report Date +262.8%

IBIT ISHARES BITCOIN TRUST ETF 0.2%

Value $427K Shares 11,125 Share Price $38.42 * Est. Cost/Share $43.30 Unrealized @ Report Date -23.1%

PFE PFIZER INC 0.2%

Value $427K Shares 15,200 Share Price $28.08 * Est. Cost/Share $25.45 Unrealized @ Report Date -5.4%

TMO THERMO FISHER SCIENTIFIC INC 0.2%

Value $411K Shares 837 Share Price $491.53 Est. Cost/Share $542.58 Unrealized @ Report Date -7.6%

BP BP PLC 0.2%

Value $367K Shares 7,800 Share Price $47.00 * Est. Cost/Share $35.08 Unrealized @ Report Date +5.3%

MMM 3M CO 0.2%

Value $319K Shares 2,196 Share Price $145.23 * Est. Cost/Share $162.20 Unrealized @ Report Date -0.2%

PHYS SPROTT ASSET MANAGEMENT LP 0.1%

Value $259K Shares 7,300 Share Price $35.44 Est. Cost/Share $33.02 Unrealized @ Report Date —

QYLD GLOBAL X FDS 0.1%

Value $195K Shares 11,350 Share Price $17.15 * Est. Cost/Share $17.40 Unrealized @ Report Date +5.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
RACE	FERRARI N V	4,303	$1.454M	0.8%	$337.83 *	$369.11	+0.9%	—	N3167Y103
TNK	TEEKAY TANKERS LTD	10,600	$777K	0.4%	$73.32 *	$56.15	+15.5%	—	G8726X106
DHR	DANAHER CORP DEL	3,590	$681K	0.4%	$189.60	$212.97	-10.6%	—	235851102
NKE	NIKE INC	12,666	$669K	0.4%	$52.82 *	$64.91	-36.8%	—	654106103
AR	ANTERO RESOURCES CORP	12,975	$551K	0.3%	$42.44 *	$33.87	+3.8%	—	03674X106
DD	DUPONT DE NEMOURS INC	10,409	$477K	0.3%	$45.80 *	$37.39	+262.8%	—	26614N102
IBIT	ISHARES BITCOIN TRUST ETF	11,125	$427K	0.2%	$38.42 *	$43.30	-23.1%	—	46438F101
PFE	PFIZER INC	15,200	$427K	0.2%	$28.08 *	$25.45	-5.4%	—	717081103
TMO	THERMO FISHER SCIENTIFIC INC	837	$411K	0.2%	$491.53	$542.58	-7.6%	—	883556102
BP	BP PLC	7,800	$367K	0.2%	$47.00 *	$35.08	+5.3%	—	055622104
MMM	3M CO	2,196	$319K	0.2%	$145.23 *	$162.20	-0.2%	—	88579Y101
PHYS	SPROTT ASSET MANAGEMENT LP	7,300	$259K	0.1%	$35.44	$33.02	—	—	85207H104
QYLD	GLOBAL X FDS	11,350	$195K	0.1%	$17.15 *	$17.40	+5.9%	—	37954Y483

Decreased Positions (61)

AMAT APPLIED MATLS INC 4.2%

Value $7.922M (+100.7%) Shares 10,957 (-5.1%) Share Price $723.00 Est. Cost/Share $239.49 Unrealized @ Report Date +201.9%

NVDA NVIDIA CORPORATION 16.6%

Value $31.63M (+9.1%) Shares 158,067 (-4.9%) Share Price $200.09 Est. Cost/Share $184.01 Unrealized @ Report Date +8.7%

GOOG ALPHABET INC 6.2%

Value $11.85M (+18.8%) Shares 33,548 (-3.6%) Share Price $353.33 Est. Cost/Share $292.71 Unrealized @ Report Date +20.7%

NFLX NETFLIX INC. 2.2%

Value $4.201M (-28.0%) Shares 58,832 (-3.1%) Share Price $71.40 Est. Cost/Share $95.40 Unrealized @ Report Date -25.2%

NOK NOKIA CORP 1.6%

Value $3.016M (+54.6%) Shares 227,124 (-6.4%) Share Price $13.28 Est. Cost/Share $6.20 Unrealized @ Report Date +114.2%

GOOGL ALPHABET INC 2.9%

Value $5.58M (+22.5%) Shares 15,616 (-1.4%) Share Price $357.34 Est. Cost/Share $286.31 Unrealized @ Report Date +24.8%

COP CONOCOPHILLIPS 1.1%

Value $2.017M (-31.2%) Shares 19,398 (-12.7%) Share Price $103.96 Est. Cost/Share $90.02 Unrealized @ Report Date +15.5%

XOM EXXON MOBIL CORP 1.3%

Value $2.408M (-25.7%) Shares 17,614 (-7.7%) Share Price $136.71 Est. Cost/Share $115.49 Unrealized @ Report Date +18.4%

CVX CHEVRON CORPORATION 1.0%

Value $1.888M (-27.5%) Shares 11,392 (-9.5%) Share Price $165.75 Est. Cost/Share $151.40 Unrealized @ Report Date +9.5%

AMZN AMAZON COM INC 4.9%

Value $9.317M (+8.2%) Shares 39,093 (-5.4%) Share Price $238.33 Est. Cost/Share $225.44 Unrealized @ Report Date +5.7%

CSCO CISCO SYS INC 1.2%

Value $2.353M (+39.8%) Shares 20,035 (-7.7%) Share Price $117.46 Est. Cost/Share $73.79 Unrealized @ Report Date +59.2%

SLV ISHARES SILVER TR 0.5%

Value $1.031M (-36.0%) Shares 19,275 (-18.5%) Share Price $53.47 Est. Cost/Share $50.06 Unrealized @ Report Date +6.8%

AAPL APPLE INC 4.3%

Value $8.219M (+7.6%) Shares 28,403 (-5.7%) Share Price $289.36 Est. Cost/Share $265.16 Unrealized @ Report Date +9.1%

SNOW SNOWFLAKE INC 0.7%

Value $1.286M (+56.7%) Shares 5,053 (-7.2%) Share Price $254.50 Est. Cost/Share $185.19 Unrealized @ Report Date +37.4%

NOW SERVICENOW INC 1.3%

Value $2.504M (-15.5%) Shares 25,220 (-11.0%) Share Price $99.28 Est. Cost/Share $132.02 Unrealized @ Report Date -24.8%

DAL DELTA AIR LINES INC 1.0%

Value $1.993M (+28.0%) Shares 21,279 (-9.2%) Share Price $93.66 Est. Cost/Share $62.45 Unrealized @ Report Date +50.0%

AVGO BROADCOM INC 1.4%

Value $2.675M (+19.3%) Shares 7,081 (-2.3%) Share Price $377.75 Est. Cost/Share $336.09 Unrealized @ Report Date +12.4%

MSFT MICROSOFT CORP 3.8%

Value $7.251M (-5.1%) Shares 19,440 (-5.8%) Share Price $373.00 Est. Cost/Share $485.80 Unrealized @ Report Date -23.2%

SCHW SCHWAB CHARLES CORP 0.8%

Value $1.586M (-19.4%) Shares 17,192 (-17.9%) Share Price $92.27 Est. Cost/Share $94.74 Unrealized @ Report Date -2.6%

CRM SALESFORCE INC 0.2%

Value $465K (-44.3%) Shares 2,969 (-33.5%) Share Price $156.61 Est. Cost/Share $207.13 Unrealized @ Report Date -24.4%

COST COSTCO WHOLESALE CORPORATION 1.1%

Value $2.124M (-12.6%) Shares 2,272 (-6.8%) Share Price $935.06 Est. Cost/Share $930.43 Unrealized @ Report Date +0.5%

META META PLATFORMS INC 2.2%

Value $4.243M (-5.9%) Shares 7,532 (-4.4%) Share Price $563.29 Est. Cost/Share $648.98 Unrealized @ Report Date -13.2%

CME CME GROUP INC 0.2%

Value $422K (-38.2%) Shares 1,910 (-17.3%) Share Price $220.83 Est. Cost/Share $270.74 Unrealized @ Report Date -18.4%

SHOP SHOPIFY INC 0.8%

Value $1.516M (-13.9%) Shares 13,276 (-10.5%) Share Price $114.18 Est. Cost/Share $131.37 Unrealized @ Report Date -13.1%

NDAQ NASDAQ INC 0.6%

Value $1.076M (-16.2%) Shares 13,652 (-9.8%) Share Price $78.82 Est. Cost/Share $89.74 Unrealized @ Report Date -12.2%

PEP PEPSICO INC 0.4%

Value $820K (-19.3%) Shares 6,055 (-7.5%) Share Price $135.40 Est. Cost/Share $146.19 Unrealized @ Report Date -7.4%

V VISA INC 1.1%

Value $2.084M (+9.2%) Shares 6,073 (-3.8%) Share Price $343.09 Est. Cost/Share $324.32 Unrealized @ Report Date +5.8%

HD HOME DEPOT INC 0.3%

Value $500K (-25.7%) Shares 1,417 (-30.7%) Share Price $352.68 Est. Cost/Share $364.58 Unrealized @ Report Date -3.3%

T AT&T INC 0.1%

Value $250K (-40.8%) Shares 12,100 (-17.1%) Share Price $20.70 Est. Cost/Share $26.70 Unrealized @ Report Date -22.5%

VIRT VIRTU FINL INC 0.5%

Value $964K (+21.2%) Shares 16,180 (-10.5%) Share Price $59.57 Est. Cost/Share $34.20 Unrealized @ Report Date +74.2%

Q QNITY ELECTRONICS INC 0.4%

Value $765K (+27.7%) Shares 4,685 (-9.8%) Share Price $163.31 Est. Cost/Share $84.91 Unrealized @ Report Date +92.3%

NUE NUCOR CORP 0.5%

Value $947K (+20.9%) Shares 4,252 (-8.2%) Share Price $222.75 Est. Cost/Share $149.77 Unrealized @ Report Date +48.7%

MELI MERCADOLIBRE INC 0.3%

Value $577K (-21.6%) Shares 341 (-20.0%) Share Price $1692.42 Est. Cost/Share $1929.33 Unrealized @ Report Date -12.0%

BLK BLACKROCK INC 0.6%

Value $1.216M (-11.0%) Shares 1,265 (-11.0%) Share Price $961.56 Est. Cost/Share $1089.41 Unrealized @ Report Date -11.7%

PG PROCTER & GAMBLE CO 0.8%

Value $1.488M (-9.2%) Shares 10,148 (-10.5%) Share Price $146.64 Est. Cost/Share $147.17 Unrealized @ Report Date -0.4%

XLE SELECT SECTOR SPDR TR 0.4%

Value $730K (-16.9%) Shares 13,750 (-4.2%) Share Price $53.11 Est. Cost/Share $45.01 Unrealized @ Report Date +18.0%

LMT LOCKHEED MARTIN CORP 0.3%

Value $548K (-19.5%) Shares 1,075 (-4.4%) Share Price $509.46 Est. Cost/Share $540.19 Unrealized @ Report Date -5.7%

XLU SELECT SECTOR SPDR TR 0.6%

Value $1.074M (-10.8%) Shares 23,693 (-9.8%) Share Price $45.34 Est. Cost/Share $44.33 Unrealized @ Report Date +2.3%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value $3.213M (-3.9%) Shares 6,421 (-8.0%) Share Price $500.39 Est. Cost/Share $497.53 Unrealized @ Report Date +0.6%

IAU ISHARES GOLD TR 0.3%

Value $498K (-19.2%) Shares 6,600 (-5.7%) Share Price $75.51 Est. Cost/Share $78.21 Unrealized @ Report Date -3.4%

WMT WALMART INC 0.5%

Value $977K (-10.8%) Shares 8,626 (-2.1%) Share Price $113.26 Est. Cost/Share $114.02 Unrealized @ Report Date -0.7%

JPM JPMORGAN CHASE & CO 1.8%

Value $3.344M (+3.6%) Shares 10,216 (-6.9%) Share Price $327.33 Est. Cost/Share $309.08 Unrealized @ Report Date +5.9%

C CITIGROUP INC 0.8%

Value $1.596M (+6.9%) Shares 11,406 (-13.4%) Share Price $139.95 Est. Cost/Share $105.30 Unrealized @ Report Date +32.9%

AXP AMERICAN EXPRESS CO 1.7%

Value $3.265M (+3.2%) Shares 9,652 (-7.7%) Share Price $338.25 Est. Cost/Share $356.97 Unrealized @ Report Date -5.2%

OXY OCCIDENTAL PETE CORP 0.1%

Value $238K (-29.6%) Shares 4,900 (-5.8%) Share Price $48.57 Est. Cost/Share $41.55 Unrealized @ Report Date +16.9%

MA MASTERCARD INCORPORATED 2.1%

Value $3.905M (-2.4%) Shares 7,605 (-5.0%) Share Price $513.53 Est. Cost/Share $538.01 Unrealized @ Report Date -4.5%

MCD MCDONALDS CORP 0.2%

Value $331K (-21.7%) Shares 1,226 (-9.9%) Share Price $270.31 Est. Cost/Share $306.03 Unrealized @ Report Date -11.7%

TPL TEXAS PACIFIC LAND CORPORATI 0.1%

Value $217K (-29.2%) Shares 495 (-23.3%) Share Price $437.64 Est. Cost/Share $305.03 Unrealized @ Report Date +43.5%

SBUX STARBUCKS CORP 0.6%

Value $1.229M (+7.6%) Shares 12,030 (-5.7%) Share Price $102.19 Est. Cost/Share $84.06 Unrealized @ Report Date +21.6%

AMGN AMGEN INC 1.0%

Value $1.837M (-3.8%) Shares 5,073 (-6.6%) Share Price $362.08 Est. Cost/Share $315.95 Unrealized @ Report Date +14.6%

ORCL ORACLE CORP 0.3%

Value $508K (-12.0%) Shares 3,464 (-11.7%) Share Price $146.55 Est. Cost/Share $238.05 Unrealized @ Report Date -38.4%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value $225K (-19.9%) Shares 5,325 (-5.0%) Share Price $42.34 Est. Cost/Share $46.35 Unrealized @ Report Date -8.7%

BHP BHP BILLITON LIMITED 0.5%

Value $886K (+5.6%) Shares 10,638 (-7.8%) Share Price $83.31 Est. Cost/Share $70.67 Unrealized @ Report Date +17.9%

NEE NEXTERA ENERGY INC 0.3%

Value $571K (-7.3%) Shares 6,505 (-1.9%) Share Price $87.77 Est. Cost/Share $88.93 Unrealized @ Report Date -1.3%

TRV TRAVELERS COMPANIES INC 0.5%

Value $888K (+4.5%) Shares 2,689 (-7.7%) Share Price $330.12 Est. Cost/Share $280.61 Unrealized @ Report Date +17.6%

UNP UNION PAC CORP 0.5%

Value $900K (+4.2%) Shares 3,309 (-7.1%) Share Price $272.00 Est. Cost/Share $231.33 Unrealized @ Report Date +17.6%

DKS DICKS SPORTING GOODS INC 0.5%

Value $990K (-3.4%) Shares 4,364 (-15.5%) Share Price $226.81 Est. Cost/Share $217.13 Unrealized @ Report Date +4.5%

VEA VANGUARD TAX-MANAGED FDS 0.7%

Value $1.38M (+1.6%) Shares 19,371 (-8.6%) Share Price $71.25 Est. Cost/Share $61.26 Unrealized @ Report Date +16.3%

IBM INTERNATIONAL BUSINESS MACHS 1.1%

Value $2.074M (-0.9%) Shares 7,374 (-14.6%) Share Price $281.21 Est. Cost/Share $298.78 Unrealized @ Report Date -5.9%

BIIB BIOGEN INC 0.3%

Value $604K (+3.1%) Shares 2,794 (-12.5%) Share Price $216.06 Est. Cost/Share $163.37 Unrealized @ Report Date +32.2%

JNJ JOHNSON & JOHNSON 0.5%

Value $1.041M (-0.1%) Shares 4,099 (-3.9%) Share Price $253.91 Est. Cost/Share $201.73 Unrealized @ Report Date +25.9%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMAT	APPLIED MATLS INC	10,957 (-5.1%)	$7.922M (+100.7%)	4.2%	$723.00	$239.49	+201.9%	COM	038222105
NVDA	NVIDIA CORPORATION	158,067 (-4.9%)	$31.63M (+9.1%)	16.6%	$200.09	$184.01	+8.7%	COM	67066G104
GOOG	ALPHABET INC	33,548 (-3.6%)	$11.85M (+18.8%)	6.2%	$353.33	$292.71	+20.7%	CAP STK CL C	02079K107
NFLX	NETFLIX INC.	58,832 (-3.1%)	$4.201M (-28.0%)	2.2%	$71.40	$95.40	-25.2%	COM	64110L106
NOK	NOKIA CORP	227,124 (-6.4%)	$3.016M (+54.6%)	1.6%	$13.28	$6.20	+114.2%	SPONSORED ADR	654902204
GOOGL	ALPHABET INC	15,616 (-1.4%)	$5.58M (+22.5%)	2.9%	$357.34	$286.31	+24.8%	CAP STK CL A	02079K305
COP	CONOCOPHILLIPS	19,398 (-12.7%)	$2.017M (-31.2%)	1.1%	$103.96	$90.02	+15.5%	COM	20825C104
XOM	EXXON MOBIL CORP	17,614 (-7.7%)	$2.408M (-25.7%)	1.3%	$136.71	$115.49	+18.4%	COM	30231G102
CVX	CHEVRON CORPORATION	11,392 (-9.5%)	$1.888M (-27.5%)	1.0%	$165.75	$151.40	+9.5%	COM	166764100
AMZN	AMAZON COM INC	39,093 (-5.4%)	$9.317M (+8.2%)	4.9%	$238.33	$225.44	+5.7%	COM	023135106
CSCO	CISCO SYS INC	20,035 (-7.7%)	$2.353M (+39.8%)	1.2%	$117.46	$73.79	+59.2%	COM	17275R102
SLV	ISHARES SILVER TR	19,275 (-18.5%)	$1.031M (-36.0%)	0.5%	$53.47	$50.06	+6.8%	ISHARES	46428Q109
AAPL	APPLE INC	28,403 (-5.7%)	$8.219M (+7.6%)	4.3%	$289.36	$265.16	+9.1%	COM	037833100
SNOW	SNOWFLAKE INC	5,053 (-7.2%)	$1.286M (+56.7%)	0.7%	$254.50	$185.19	+37.4%	COM SHS	833445109
NOW	SERVICENOW INC	25,220 (-11.0%)	$2.504M (-15.5%)	1.3%	$99.28	$132.02	-24.8%	COM	81762P102
DAL	DELTA AIR LINES INC	21,279 (-9.2%)	$1.993M (+28.0%)	1.0%	$93.66	$62.45	+50.0%	COM NEW	247361702
AVGO	BROADCOM INC	7,081 (-2.3%)	$2.675M (+19.3%)	1.4%	$377.75	$336.09	+12.4%	COM	11135F101
MSFT	MICROSOFT CORP	19,440 (-5.8%)	$7.251M (-5.1%)	3.8%	$373.00	$485.80	-23.2%	COM	594918104
SCHW	SCHWAB CHARLES CORP	17,192 (-17.9%)	$1.586M (-19.4%)	0.8%	$92.27	$94.74	-2.6%	COM	808513105
CRM	SALESFORCE INC	2,969 (-33.5%)	$465K (-44.3%)	0.2%	$156.61	$207.13	-24.4%	COM	79466L302
COST	COSTCO WHOLESALE CORPORATION	2,272 (-6.8%)	$2.124M (-12.6%)	1.1%	$935.06	$930.43	+0.5%	COM	22160K105
META	META PLATFORMS INC	7,532 (-4.4%)	$4.243M (-5.9%)	2.2%	$563.29	$648.98	-13.2%	CL A	30303M102
CME	CME GROUP INC	1,910 (-17.3%)	$422K (-38.2%)	0.2%	$220.83	$270.74	-18.4%	COM	12572Q105
SHOP	SHOPIFY INC	13,276 (-10.5%)	$1.516M (-13.9%)	0.8%	$114.18	$131.37	-13.1%	CL A SUB VTG SHS	82509L107
NDAQ	NASDAQ INC	13,652 (-9.8%)	$1.076M (-16.2%)	0.6%	$78.82	$89.74	-12.2%	COM	631103108
PEP	PEPSICO INC	6,055 (-7.5%)	$820K (-19.3%)	0.4%	$135.40	$146.19	-7.4%	COM	713448108
V	VISA INC	6,073 (-3.8%)	$2.084M (+9.2%)	1.1%	$343.09	$324.32	+5.8%	COM CL A	92826C839
HD	HOME DEPOT INC	1,417 (-30.7%)	$500K (-25.7%)	0.3%	$352.68	$364.58	-3.3%	COM	437076102
T	AT&T INC	12,100 (-17.1%)	$250K (-40.8%)	0.1%	$20.70	$26.70	-22.5%	COM	00206R102
VIRT	VIRTU FINL INC	16,180 (-10.5%)	$964K (+21.2%)	0.5%	$59.57	$34.20	+74.2%	CL A	928254101
Q	QNITY ELECTRONICS INC	4,685 (-9.8%)	$765K (+27.7%)	0.4%	$163.31	$84.91	+92.3%	COMMON STOCK	74743L100
NUE	NUCOR CORP	4,252 (-8.2%)	$947K (+20.9%)	0.5%	$222.75	$149.77	+48.7%	COM	670346105
MELI	MERCADOLIBRE INC	341 (-20.0%)	$577K (-21.6%)	0.3%	$1692.42	$1929.33	-12.0%	COM	58733R102
BLK	BLACKROCK INC	1,265 (-11.0%)	$1.216M (-11.0%)	0.6%	$961.56	$1089.41	-11.7%	COM	09290D101
PG	PROCTER & GAMBLE CO	10,148 (-10.5%)	$1.488M (-9.2%)	0.8%	$146.64	$147.17	-0.4%	COM	742718109
XLE	SELECT SECTOR SPDR TR	13,750 (-4.2%)	$730K (-16.9%)	0.4%	$53.11	$45.01	+18.0%	ST STR ENERG ETF	81369Y506
LMT	LOCKHEED MARTIN CORP	1,075 (-4.4%)	$548K (-19.5%)	0.3%	$509.46	$540.19	-5.7%	COM	539830109
XLU	SELECT SECTOR SPDR TR	23,693 (-9.8%)	$1.074M (-10.8%)	0.6%	$45.34	$44.33	+2.3%	ST STR UTIL ETF	81369Y886
BRK/B	BERKSHIRE HATHAWAY INC DEL	6,421 (-8.0%)	$3.213M (-3.9%)	1.7%	$500.39	$497.53	+0.6%	CL B NEW	084670702
IAU	ISHARES GOLD TR	6,600 (-5.7%)	$498K (-19.2%)	0.3%	$75.51	$78.21	-3.4%	ISHARES NEW	464285204
WMT	WALMART INC	8,626 (-2.1%)	$977K (-10.8%)	0.5%	$113.26	$114.02	-0.7%	COM	931142103
JPM	JPMORGAN CHASE & CO	10,216 (-6.9%)	$3.344M (+3.6%)	1.8%	$327.33	$309.08	+5.9%	COM	46625H100
C	CITIGROUP INC	11,406 (-13.4%)	$1.596M (+6.9%)	0.8%	$139.95	$105.30	+32.9%	COM NEW	172967424
AXP	AMERICAN EXPRESS CO	9,652 (-7.7%)	$3.265M (+3.2%)	1.7%	$338.25	$356.97	-5.2%	COM	025816109
OXY	OCCIDENTAL PETE CORP	4,900 (-5.8%)	$238K (-29.6%)	0.1%	$48.57	$41.55	+16.9%	COM	674599105
MA	MASTERCARD INCORPORATED	7,605 (-5.0%)	$3.905M (-2.4%)	2.1%	$513.53	$538.01	-4.5%	CL A	57636Q104
MCD	MCDONALDS CORP	1,226 (-9.9%)	$331K (-21.7%)	0.2%	$270.31	$306.03	-11.7%	COM	580135101
TPL	TEXAS PACIFIC LAND CORPORATI	495 (-23.3%)	$217K (-29.2%)	0.1%	$437.64	$305.03	+43.5%	COM	88262P102
SBUX	STARBUCKS CORP	12,030 (-5.7%)	$1.229M (+7.6%)	0.6%	$102.19	$84.06	+21.6%	COM	855244109
AMGN	AMGEN INC	5,073 (-6.6%)	$1.837M (-3.8%)	1.0%	$362.08	$315.95	+14.6%	COM	031162100
ORCL	ORACLE CORP	3,464 (-11.7%)	$508K (-12.0%)	0.3%	$146.55	$238.05	-38.4%	COM	68389X105
VZ	VERIZON COMMUNICATIONS INC	5,325 (-5.0%)	$225K (-19.9%)	0.1%	$42.34	$46.35	-8.7%	COM	92343V104
BHP	BHP BILLITON LIMITED	10,638 (-7.8%)	$886K (+5.6%)	0.5%	$83.31	$70.67	+17.9%	SPONSORED ADS	088606108
NEE	NEXTERA ENERGY INC	6,505 (-1.9%)	$571K (-7.3%)	0.3%	$87.77	$88.93	-1.3%	COM	65339F101
TRV	TRAVELERS COMPANIES INC	2,689 (-7.7%)	$888K (+4.5%)	0.5%	$330.12	$280.61	+17.6%	COM	89417E109
UNP	UNION PAC CORP	3,309 (-7.1%)	$900K (+4.2%)	0.5%	$272.00	$231.33	+17.6%	COM	907818108
DKS	DICKS SPORTING GOODS INC	4,364 (-15.5%)	$990K (-3.4%)	0.5%	$226.81	$217.13	+4.5%	COM	253393102
VEA	VANGUARD TAX-MANAGED FDS	19,371 (-8.6%)	$1.38M (+1.6%)	0.7%	$71.25	$61.26	+16.3%	VAN FTSE DEV MKT	921943858
IBM	INTERNATIONAL BUSINESS MACHS	7,374 (-14.6%)	$2.074M (-0.9%)	1.1%	$281.21	$298.78	-5.9%	COM	459200101
BIIB	BIOGEN INC	2,794 (-12.5%)	$604K (+3.1%)	0.3%	$216.06	$163.37	+32.2%	COM	09062X103
JNJ	JOHNSON & JOHNSON	4,099 (-3.9%)	$1.041M (-0.1%)	0.5%	$253.91	$201.73	+25.9%	COM	478160104

Unchanged Positions (11)

LLY ELI LILLY & CO 1.2%

Value $2.202M Shares 1,838 Share Price $1198.13 Est. Cost/Share $1012.94 Unrealized @ Report Date +18.4%

DELL DELL TECHNOLOGIES INC 0.4%

Value $806K Shares 1,868 Share Price $431.46 Est. Cost/Share $140.75 Unrealized @ Report Date +206.5%

ASML ASML HLDG NV 0.6%

Value $1.048M Shares 528 Share Price $1985.67 Est. Cost/Share $1370.36 Unrealized @ Report Date +45.2%

TSLA TESLA INC 1.3%

Value $2.473M Shares 5,880 Share Price $420.60 Est. Cost/Share $412.01 Unrealized @ Report Date +2.1%

PANW PALO ALTO NETWORKS INC 0.3%

Value $483K Shares 1,416 Share Price $341.02 Est. Cost/Share $167.95 Unrealized @ Report Date +103.0%

— ROYCE MICRO-CAP TR INC 0.1%

Value $146K Shares 10,000 Share Price $14.64 Est. Cost/Share $10.43 Unrealized @ Report Date —

MO ALTRIA GROUP INC 0.2%

Value $307K Shares 4,270 Share Price $71.95 Est. Cost/Share $64.35 Unrealized @ Report Date +11.8%

PTEN PATTERSON-UTI ENERGY INC 0.1%

Value $124K Shares 13,500 Share Price $9.18 Est. Cost/Share $8.56 Unrealized @ Report Date +7.3%

INFL LISTED FDS TR 0.2%

Value $427K Shares 8,566 Share Price $49.88 Est. Cost/Share $44.13 Unrealized @ Report Date +13.0%

ROST ROSS STORES INC 0.3%

Value $518K Shares 2,435 Share Price $212.85 Est. Cost/Share $199.22 Unrealized @ Report Date +6.8%

AIG AMERICAN INTL GROUP INC 0.2%

Value $348K Shares 4,668 Share Price $74.53 Est. Cost/Share $79.68 Unrealized @ Report Date -6.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LLY	ELI LILLY & CO	1,838	$2.202M	1.2%	$1198.13	$1012.94	+18.4%	COM	532457108
DELL	DELL TECHNOLOGIES INC	1,868	$806K	0.4%	$431.46	$140.75	+206.5%	CL C	24703L202
ASML	ASML HLDG NV	528	$1.048M	0.6%	$1985.67	$1370.36	+45.2%	N Y REGISTRY SHS	N07059210
TSLA	TESLA INC	5,880	$2.473M	1.3%	$420.60	$412.01	+2.1%	COM	88160R101
PANW	PALO ALTO NETWORKS INC	1,416	$483K	0.3%	$341.02	$167.95	+103.0%	COM	697435105
—	ROYCE MICRO-CAP TR INC	10,000	$146K	0.1%	$14.64	$10.43	—	COM	780915104
MO	ALTRIA GROUP INC	4,270	$307K	0.2%	$71.95	$64.35	+11.8%	COM	02209S103
PTEN	PATTERSON-UTI ENERGY INC	13,500	$124K	0.1%	$9.18	$8.56	+7.3%	COM	703481101
INFL	LISTED FDS TR	8,566	$427K	0.2%	$49.88	$44.13	+13.0%	HORI KI INFL ETF	53656F623
ROST	ROSS STORES INC	2,435	$518K	0.3%	$212.85	$199.22	+6.8%	COM	778296103
AIG	AMERICAN INTL GROUP INC	4,668	$348K	0.2%	$74.53	$79.68	-6.5%	COM NEW	026874784