ARS Investment Partners, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ACEP	EA SERIES TRUST	4,173,443	$68,013	4.0%	$16.30	—	ARS CORE EQTY	02072Q523
VST	VISTRA CORP	94,853	$15,303	0.9%	$181.92	0.0%	COM	92840M102
IZEA	IZEA WORLDWIDE INC	106,841	$468	0.0%	$4.86	0.0%	COM NEW	46604H204
CURI	CURIOSITYSTREAM INC	119,822	$455	0.0%	$4.40	0.0%	COM CL A	23130Q107
LION	LIONSGATE STUDIOS CORP	35,630	$325	0.0%	$7.11	0.0%	COM	53626N102
LBRDK	LIBERTY BROADBAND CORP	5,500	$267	0.0%	$52.01	0.0%	COM SER C	530307305
DUK	DUKE ENERGY CORP NEW	2,100	$246	0.0%	$121.57	0.0%	COM NEW	26441C204
MTD	METTLER TOLEDO INTERNATIONAL	160	$223	0.0%	$1396.48	0.0%	COM	592688105
SPGI	S&P GLOBAL INC	389	$203	0.0%	$494.21	0.0%	COM	78409V104
DRVN	DRIVEN BRANDS HLDGS INC	10,000	$148	0.0%	$14.88	0.0%	COM	26210V102
COMP	COMPASS INC	14,000	$148	0.0%	$9.12	0.0%	CL A	20464U100

Increased Positions (75)

NEM NEWMONT CORP 4.1%

Value ($000) $69,602 (+22.6%) Shares 697,063 (+3.6%) Est. Cost $54.18 Unrealized +66.5%

BA BOEING CO 2.0%

Value ($000) $34,368 (+50.1%) Shares 158,292 (+49.2%) Est. Cost $178.35 Unrealized +15.3%

FCX FREEPORT-MCMORAN INC 2.7%

Value ($000) $46,986 (+31.8%) Shares 925,094 (+1.8%) Est. Cost $34.43 Unrealized +25.8%

REGN REGENERON PHARMACEUTICALS 1.6%

Value ($000) $27,359 (+69.1%) Shares 35,445 (+23.2%) Est. Cost $652.55 Unrealized +4.0%

BMY BRISTOL-MYERS SQUIBB CO 0.6%

Value ($000) $10,750 (+1014.6%) Shares 199,301 (+832.0%) Est. Cost $47.77 Unrealized -0.5%

AJG GALLAGHER ARTHUR J & CO 1.3%

Value ($000) $21,416 (-15.6%) Shares 82,754 (+1.0%) Est. Cost $46.62 Unrealized +466.8%

RTX RTX CORPORATION 2.3%

Value ($000) $38,912 (+11.1%) Shares 212,170 (+1.4%) Est. Cost $57.50 Unrealized +201.4%

BX BLACKSTONE INC 2.2%

Value ($000) $37,642 (+9.8%) Shares 244,206 (+21.7%) Est. Cost $106.05 Unrealized +42.8%

AMZN AMAZON COM INC 2.5%

Value ($000) $42,079 (+8.3%) Shares 182,303 (+3.0%) Est. Cost $125.28 Unrealized +82.6%

JNJ JOHNSON & JOHNSON 0.7%

Value ($000) $11,792 (+29.1%) Shares 56,979 (+15.7%) Est. Cost $152.50 Unrealized +29.2%

BHVN BIOHAVEN LTD 0.8%

Value ($000) $13,995 (-15.4%) Shares 1,239,600 (+12.4%) Est. Cost $22.28 Unrealized -44.4%

CRH CRH PLC 2.8%

Value ($000) $47,396 (+5.3%) Shares 379,775 (+1.2%) Est. Cost $71.38 Unrealized +66.9%

TRGP TARGA RES CORP 0.7%

Value ($000) $12,170 (+17.4%) Shares 65,961 (+6.6%) Est. Cost $81.27 Unrealized +106.8%

AQN ALGONQUIN PWR UTILS CORP 0.3%

Value ($000) $5,312 (+48.5%) Shares 863,660 (+29.6%) Est. Cost $5.51 Unrealized +7.9%

ADI ANALOG DEVICES INC 0.4%

Value ($000) $6,971 (+26.5%) Shares 25,705 (+14.6%) Est. Cost $190.25 Unrealized +31.7%

CVX CHEVRON CORP NEW 0.7%

Value ($000) $12,261 (+7.0%) Shares 80,450 (+9.0%) Est. Cost $103.74 Unrealized +45.9%

XLK SELECT SECTOR SPDR TR 0.8%

Value ($000) $13,177 (+5.9%) Shares 91,527 (+107.4%) Est. Cost $140.90 Unrealized —

XLV SELECT SECTOR SPDR TR 0.2%

Value ($000) $3,114 (+19.8%) Shares 20,113 (+7.7%) Est. Cost $121.96 Unrealized —

XOM EXXON MOBIL CORP 0.3%

Value ($000) $4,438 (+8.6%) Shares 36,880 (+1.7%) Est. Cost $109.62 Unrealized +5.4%

BP BP PLC 0.0%

Value ($000) $577 (+153.5%) Shares 16,600 (+151.5%) Est. Cost $34.62 Unrealized —

QXO QXO INC 0.3%

Value ($000) $5,192 (+7.2%) Shares 269,156 (+5.9%) Est. Cost $17.04 Unrealized +12.5%

MP MP MATERIALS CORP 0.1%

Value ($000) $1,009 (-23.9%) Shares 19,980 (+1.0%) Est. Cost $28.76 Unrealized +120.5%

INFU INFUSYSTEM HLDGS INC 0.0%

Value ($000) $431 (+268.2%) Shares 48,050 (+325.2%) Est. Cost $9.27 Unrealized +3.2%

BLK BLACKROCK INC 0.7%

Value ($000) $11,902 (-2.5%) Shares 11,120 (+6.2%) Est. Cost $996.17 Unrealized +9.4%

HPE HEWLETT PACKARD ENTERPRISE C 0.4%

Value ($000) $6,937 (+4.6%) Shares 288,794 (+7.0%) Est. Cost $18.08 Unrealized +29.6%

XLF SELECT SECTOR SPDR TR 0.2%

Value ($000) $3,467 (+9.5%) Shares 63,308 (+7.7%) Est. Cost $39.02 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 0.1%

Value ($000) $1,600 (+22.0%) Shares 2,762 (+2.1%) Est. Cost $181.97 Unrealized +210.6%

VATE INNOVATE CORP 0.0%

Value ($000) $463 (+105.1%) Shares 102,442 (+121.9%) Est. Cost $4.99 Unrealized -0.6%

XLI SELECT SECTOR SPDR TR 0.1%

Value ($000) $2,400 (+10.0%) Shares 15,471 (+9.4%) Est. Cost $107.11 Unrealized —

BWXT BWX TECHNOLOGIES INC 0.2%

Value ($000) $4,133 (-4.8%) Shares 23,914 (+1.6%) Est. Cost $160.97 Unrealized +16.4%

IBIT ISHARES BITCOIN TRUST ETF 0.1%

Value ($000) $1,801 (-9.8%) Shares 36,265 (+18.1%) Est. Cost $57.06 Unrealized —

IDN INTELLICHECK INC 0.0%

Value ($000) $726 (+36.4%) Shares 108,651 (+6.2%) Est. Cost $4.28 Unrealized +31.8%

CCOI COGENT COMMUNICATIONS HLDGS 0.0%

Value ($000) $496 (-27.0%) Shares 23,000 (+29.9%) Est. Cost $43.47 Unrealized -32.2%

MATW MATTHEWS INTL CORP 0.0%

Value ($000) $449 (+62.6%) Shares 17,209 (+51.1%) Est. Cost $22.15 Unrealized +9.1%

ATRO ASTRONICS CORP 0.0%

Value ($000) $377 (+84.6%) Shares 6,956 (+55.2%) Est. Cost $41.42 Unrealized +21.5%

AMPL AMPLITUDE INC 0.0%

Value ($000) $565 (+43.2%) Shares 48,824 (+32.6%) Est. Cost $10.88 Unrealized -3.3%

XLY SELECT SECTOR SPDR TR 0.2%

Value ($000) $2,810 (+6.5%) Shares 23,533 (+113.6%) Est. Cost $144.56 Unrealized —

MDY SPDR S&P MIDCAP 400 ETF TR 0.1%

Value ($000) $2,129 (+8.6%) Shares 3,529 (+7.3%) Est. Cost $445.45 Unrealized —

GLNG GOLAR LNG LTD 0.7%

Value ($000) $11,796 (-1.4%) Shares 317,021 (+7.1%) Est. Cost $37.73 Unrealized +1.0%

NOC NORTHROP GRUMMAN CORP 0.8%

Value ($000) $13,147 (+1.2%) Shares 23,056 (+8.1%) Est. Cost $232.00 Unrealized +149.5%

PACK RANPAK HOLDINGS CORP 0.0%

Value ($000) $549 (+37.9%) Shares 101,515 (+43.2%) Est. Cost $4.64 Unrealized +13.2%

META META PLATFORMS INC 0.1%

Value ($000) $1,593 (-8.2%) Shares 2,414 (+2.1%) Est. Cost $201.68 Unrealized +230.9%

NPKI NPK INTERNATIONAL INC 0.0%

Value ($000) $522 (+37.3%) Shares 43,781 (+30.3%) Est. Cost $8.22 Unrealized +48.5%

AZZ AZZ INC 0.0%

Value ($000) $369 (+60.0%) Shares 3,443 (+62.9%) Est. Cost $107.81 Unrealized -4.1%

GLW CORNING INC 0.0%

Value ($000) $494 (+38.7%) Shares 5,640 (+30.0%) Est. Cost $69.81 Unrealized +23.2%

XLC SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,960 (+7.4%) Shares 16,647 (+8.0%) Est. Cost $82.27 Unrealized —

DELL DELL TECHNOLOGIES INC 0.1%

Value ($000) $1,683 (-7.1%) Shares 13,370 (+4.6%) Est. Cost $116.27 Unrealized +21.0%

ACWX ISHARES TR 0.1%

Value ($000) $1,101 (+12.8%) Shares 16,396 (+9.2%) Est. Cost $54.37 Unrealized —

SPSM SPDR SERIES TRUST 0.1%

Value ($000) $1,436 (+8.4%) Shares 30,651 (+7.1%) Est. Cost $41.06 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.0%

Value ($000) $391 (+32.4%) Shares 1,780 (+30.0%) Est. Cost $216.67 Unrealized —

XLP SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,027 (+7.9%) Shares 13,226 (+8.9%) Est. Cost $70.06 Unrealized —

AMTM AMENTUM HOLDINGS INC 0.0%

Value ($000) $290 (+34.5%) Shares 10,000 (+11.1%) Est. Cost $24.47 Unrealized +4.5%

XLE SELECT SECTOR SPDR TR 0.1%

Value ($000) $1,032 (+7.7%) Shares 23,090 (+115.2%) Est. Cost $51.93 Unrealized —

SN SHARKNINJA INC 0.0%

Value ($000) $280 (+35.6%) Shares 2,500 (+25.0%) Est. Cost $88.87 Unrealized +10.9%

VUG VANGUARD INDEX FDS 0.0%

Value ($000) $289 (+27.9%) Shares 591 (+25.7%) Est. Cost $481.67 Unrealized —

GE GE AEROSPACE 0.0%

Value ($000) $357 (+18.7%) Shares 1,158 (+15.9%) Est. Cost $229.88 Unrealized +30.9%

DHR DANAHER CORPORATION 0.0%

Value ($000) $259 (+26.4%) Shares 1,132 (+9.5%) Est. Cost $253.40 Unrealized -13.4%

DGRO ISHARES TR 0.1%

Value ($000) $935 (+5.9%) Shares 13,474 (+3.8%) Est. Cost $52.82 Unrealized —

CXDO CREXENDO INC 0.0%

Value ($000) $401 (+14.5%) Shares 61,934 (+15.0%) Est. Cost $5.44 Unrealized +20.2%

CCI CROWN CASTLE INC 0.5%

Value ($000) $9,279 (+0.5%) Shares 104,409 (+9.1%) Est. Cost $95.21 Unrealized -4.3%

V VISA INC 0.1%

Value ($000) $966 (+5.0%) Shares 2,753 (+2.2%) Est. Cost $222.86 Unrealized +52.7%

XLB SELECT SECTOR SPDR TR 0.0%

Value ($000) $513 (+9.3%) Shares 11,319 (+115.9%) Est. Cost $59.61 Unrealized —

MTX MINERALS TECHNOLOGIES INC 0.0%

Value ($000) $248 (+21.1%) Shares 4,068 (+23.5%) Est. Cost $60.40 Unrealized -2.2%

VTV VANGUARD INDEX FDS 0.0%

Value ($000) $412 (+10.6%) Shares 2,159 (+8.0%) Est. Cost $186.86 Unrealized —

QQQ INVESCO QQQ TR 0.0%

Value ($000) $293 (+15.3%) Shares 477 (+12.8%) Est. Cost $602.02 Unrealized —

NVO NOVO-NORDISK A S 0.5%

Value ($000) $8,576 (+0.4%) Shares 168,560 (+9.5%) Est. Cost $62.37 Unrealized —

MGNI MAGNITE INC 0.0%

Value ($000) $227 (-13.1%) Shares 14,000 (+16.7%) Est. Cost $15.00 Unrealized +10.7%

PKE PARK AEROSPACE CORP 0.0%

Value ($000) $279 (+11.6%) Shares 13,085 (+6.4%) Est. Cost $13.91 Unrealized +43.2%

CXT CRANE NXT CO 0.0%

Value ($000) $243 (-10.3%) Shares 5,159 (+27.9%) Est. Cost $52.38 Unrealized +12.6%

XLU SELECT SECTOR SPDR TR 0.0%

Value ($000) $600 (+4.5%) Shares 14,049 (+113.5%) Est. Cost $54.67 Unrealized —

BWMN BOWMAN CONSULTING GROUP LTD 0.0%

Value ($000) $204 (-8.9%) Shares 6,179 (+16.9%) Est. Cost $37.54 Unrealized +1.0%

PGR PROGRESSIVE CORP 0.0%

Value ($000) $227 (+7.5%) Shares 998 (+16.6%) Est. Cost $248.44 Unrealized -14.5%

VTSI VIRTRA INC 0.0%

Value ($000) $246 (-2.5%) Shares 58,582 (+22.2%) Est. Cost $6.87 Unrealized -23.9%

ABT ABBOTT LABS 0.0%

Value ($000) $610 (+0.9%) Shares 4,872 (+7.9%) Est. Cost $90.61 Unrealized +40.5%

GEL GENESIS ENERGY L P 0.0%

Value ($000) $499 (-0.4%) Shares 32,000 (+6.7%) Est. Cost $12.70 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NEM	NEWMONT CORP	697,063 (+3.6%)	$69,602 (+22.6%)	4.1%	$54.18	+66.5%	COM	651639106
BA	BOEING CO	158,292 (+49.2%)	$34,368 (+50.1%)	2.0%	$178.35	+15.3%	COM	097023105
FCX	FREEPORT-MCMORAN INC	925,094 (+1.8%)	$46,986 (+31.8%)	2.7%	$34.43	+25.8%	CL B	35671D857
REGN	REGENERON PHARMACEUTICALS	35,445 (+23.2%)	$27,359 (+69.1%)	1.6%	$652.55	+4.0%	COM	75886F107
BMY	BRISTOL-MYERS SQUIBB CO	199,301 (+832.0%)	$10,750 (+1014.6%)	0.6%	$47.77	-0.5%	COM	110122108
AJG	GALLAGHER ARTHUR J & CO	82,754 (+1.0%)	$21,416 (-15.6%)	1.3%	$46.62	+466.8%	COM	363576109
RTX	RTX CORPORATION	212,170 (+1.4%)	$38,912 (+11.1%)	2.3%	$57.50	+201.4%	COM	75513E101
BX	BLACKSTONE INC	244,206 (+21.7%)	$37,642 (+9.8%)	2.2%	$106.05	+42.8%	COM	09260D107
AMZN	AMAZON COM INC	182,303 (+3.0%)	$42,079 (+8.3%)	2.5%	$125.28	+82.6%	COM	023135106
JNJ	JOHNSON & JOHNSON	56,979 (+15.7%)	$11,792 (+29.1%)	0.7%	$152.50	+29.2%	COM	478160104
BHVN	BIOHAVEN LTD	1,239,600 (+12.4%)	$13,995 (-15.4%)	0.8%	$22.28	-44.4%	COM	G1110E107
CRH	CRH PLC	379,775 (+1.2%)	$47,396 (+5.3%)	2.8%	$71.38	+66.9%	ORD	G25508105
TRGP	TARGA RES CORP	65,961 (+6.6%)	$12,170 (+17.4%)	0.7%	$81.27	+106.8%	COM	87612G101
AQN	ALGONQUIN PWR UTILS CORP	863,660 (+29.6%)	$5,312 (+48.5%)	0.3%	$5.51	+7.9%	COM	015857105
ADI	ANALOG DEVICES INC	25,705 (+14.6%)	$6,971 (+26.5%)	0.4%	$190.25	+31.7%	COM	032654105
CVX	CHEVRON CORP NEW	80,450 (+9.0%)	$12,261 (+7.0%)	0.7%	$103.74	+45.9%	COM	166764100
XLK	SELECT SECTOR SPDR TR	91,527 (+107.4%)	$13,177 (+5.9%)	0.8%	$140.90	—	STATE STREET TEC	81369Y803
XLV	SELECT SECTOR SPDR TR	20,113 (+7.7%)	$3,114 (+19.8%)	0.2%	$121.96	—	STATE STREET HEA	81369Y209
XOM	EXXON MOBIL CORP	36,880 (+1.7%)	$4,438 (+8.6%)	0.3%	$109.62	+5.4%	COM	30231G102
BP	BP PLC	16,600 (+151.5%)	$577 (+153.5%)	0.0%	$34.62	—	SPONSORED ADR	055622104
QXO	QXO INC	269,156 (+5.9%)	$5,192 (+7.2%)	0.3%	$17.04	+12.5%	COM NEW	82846H405
MP	MP MATERIALS CORP	19,980 (+1.0%)	$1,009 (-23.9%)	0.1%	$28.76	+120.5%	COM CL A	553368101
INFU	INFUSYSTEM HLDGS INC	48,050 (+325.2%)	$431 (+268.2%)	0.0%	$9.27	+3.2%	COM	45685K102
BLK	BLACKROCK INC	11,120 (+6.2%)	$11,902 (-2.5%)	0.7%	$996.17	+9.4%	COM	09290D101
HPE	HEWLETT PACKARD ENTERPRISE C	288,794 (+7.0%)	$6,937 (+4.6%)	0.4%	$18.08	+29.6%	COM	42824C109
XLF	SELECT SECTOR SPDR TR	63,308 (+7.7%)	$3,467 (+9.5%)	0.2%	$39.02	—	STATE STREET FIN	81369Y605
TMO	THERMO FISHER SCIENTIFIC INC	2,762 (+2.1%)	$1,600 (+22.0%)	0.1%	$181.97	+210.6%	COM	883556102
VATE	INNOVATE CORP	102,442 (+121.9%)	$463 (+105.1%)	0.0%	$4.99	-0.6%	COM NEW	45784J303
XLI	SELECT SECTOR SPDR TR	15,471 (+9.4%)	$2,400 (+10.0%)	0.1%	$107.11	—	STATE STREET IND	81369Y704
BWXT	BWX TECHNOLOGIES INC	23,914 (+1.6%)	$4,133 (-4.8%)	0.2%	$160.97	+16.4%	COM	05605H100
IBIT	ISHARES BITCOIN TRUST ETF	36,265 (+18.1%)	$1,801 (-9.8%)	0.1%	$57.06	—	SHS BEN INT	46438F101
IDN	INTELLICHECK INC	108,651 (+6.2%)	$726 (+36.4%)	0.0%	$4.28	+31.8%	COM NEW	45817G201
CCOI	COGENT COMMUNICATIONS HLDGS	23,000 (+29.9%)	$496 (-27.0%)	0.0%	$43.47	-32.2%	COM NEW	19239V302
MATW	MATTHEWS INTL CORP	17,209 (+51.1%)	$449 (+62.6%)	0.0%	$22.15	+9.1%	CL A	577128101
ATRO	ASTRONICS CORP	6,956 (+55.2%)	$377 (+84.6%)	0.0%	$41.42	+21.5%	COM	046433108
AMPL	AMPLITUDE INC	48,824 (+32.6%)	$565 (+43.2%)	0.0%	$10.88	-3.3%	COM CL A	03213A104
XLY	SELECT SECTOR SPDR TR	23,533 (+113.6%)	$2,810 (+6.5%)	0.2%	$144.56	—	STATE STREET CON	81369Y407
MDY	SPDR S&P MIDCAP 400 ETF TR	3,529 (+7.3%)	$2,129 (+8.6%)	0.1%	$445.45	—	UTSER1 S&PDCRP	78467Y107
GLNG	GOLAR LNG LTD	317,021 (+7.1%)	$11,796 (-1.4%)	0.7%	$37.73	+1.0%	SHS	G9456A100
NOC	NORTHROP GRUMMAN CORP	23,056 (+8.1%)	$13,147 (+1.2%)	0.8%	$232.00	+149.5%	COM	666807102
PACK	RANPAK HOLDINGS CORP	101,515 (+43.2%)	$549 (+37.9%)	0.0%	$4.64	+13.2%	COM CL A	75321W103
META	META PLATFORMS INC	2,414 (+2.1%)	$1,593 (-8.2%)	0.1%	$201.68	+230.9%	CL A	30303M102
NPKI	NPK INTERNATIONAL INC	43,781 (+30.3%)	$522 (+37.3%)	0.0%	$8.22	+48.5%	COM SHS	651718504
AZZ	AZZ INC	3,443 (+62.9%)	$369 (+60.0%)	0.0%	$107.81	-4.1%	COM	002474104
GLW	CORNING INC	5,640 (+30.0%)	$494 (+38.7%)	0.0%	$69.81	+23.2%	COM	219350105
XLC	SELECT SECTOR SPDR TR	16,647 (+8.0%)	$1,960 (+7.4%)	0.1%	$82.27	—	STATE STREET COM	81369Y852
DELL	DELL TECHNOLOGIES INC	13,370 (+4.6%)	$1,683 (-7.1%)	0.1%	$116.27	+21.0%	CL C	24703L202
ACWX	ISHARES TR	16,396 (+9.2%)	$1,101 (+12.8%)	0.1%	$54.37	—	MSCI ACWI EX US	464288240
SPSM	SPDR SERIES TRUST	30,651 (+7.1%)	$1,436 (+8.4%)	0.1%	$41.06	—	STATE STREET SPD	78468R853
VIG	VANGUARD SPECIALIZED FUNDS	1,780 (+30.0%)	$391 (+32.4%)	0.0%	$216.67	—	DIV APP ETF	921908844
XLP	SELECT SECTOR SPDR TR	13,226 (+8.9%)	$1,027 (+7.9%)	0.1%	$70.06	—	STATE STREET CON	81369Y308
AMTM	AMENTUM HOLDINGS INC	10,000 (+11.1%)	$290 (+34.5%)	0.0%	$24.47	+4.5%	COM	023939101
XLE	SELECT SECTOR SPDR TR	23,090 (+115.2%)	$1,032 (+7.7%)	0.1%	$51.93	—	STATE STREET ENE	81369Y506
SN	SHARKNINJA INC	2,500 (+25.0%)	$280 (+35.6%)	0.0%	$88.87	+10.9%	COM SHS	G8068L108
VUG	VANGUARD INDEX FDS	591 (+25.7%)	$289 (+27.9%)	0.0%	$481.67	—	GROWTH ETF	922908736
GE	GE AEROSPACE	1,158 (+15.9%)	$357 (+18.7%)	0.0%	$229.88	+30.9%	COM NEW	369604301
DHR	DANAHER CORPORATION	1,132 (+9.5%)	$259 (+26.4%)	0.0%	$253.40	-13.4%	COM	235851102
DGRO	ISHARES TR	13,474 (+3.8%)	$935 (+5.9%)	0.1%	$52.82	—	CORE DIV GRWTH	46434V621
CXDO	CREXENDO INC	61,934 (+15.0%)	$401 (+14.5%)	0.0%	$5.44	+20.2%	COM	226552107
CCI	CROWN CASTLE INC	104,409 (+9.1%)	$9,279 (+0.5%)	0.5%	$95.21	-4.3%	COM	22822V101
V	VISA INC	2,753 (+2.2%)	$966 (+5.0%)	0.1%	$222.86	+52.7%	COM CL A	92826C839
XLB	SELECT SECTOR SPDR TR	11,319 (+115.9%)	$513 (+9.3%)	0.0%	$59.61	—	STATE STREET MAT	81369Y100
MTX	MINERALS TECHNOLOGIES INC	4,068 (+23.5%)	$248 (+21.1%)	0.0%	$60.40	-2.2%	COM	603158106
VTV	VANGUARD INDEX FDS	2,159 (+8.0%)	$412 (+10.6%)	0.0%	$186.86	—	VALUE ETF	922908744
QQQ	INVESCO QQQ TR	477 (+12.8%)	$293 (+15.3%)	0.0%	$602.02	—	UNIT SER 1	46090E103
NVO	NOVO-NORDISK A S	168,560 (+9.5%)	$8,576 (+0.4%)	0.5%	$62.37	—	ADR	670100205
MGNI	MAGNITE INC	14,000 (+16.7%)	$227 (-13.1%)	0.0%	$15.00	+10.7%	COM	55955D100
PKE	PARK AEROSPACE CORP	13,085 (+6.4%)	$279 (+11.6%)	0.0%	$13.91	+43.2%	COM	70014A104
CXT	CRANE NXT CO	5,159 (+27.9%)	$243 (-10.3%)	0.0%	$52.38	+12.6%	COM	224441105
XLU	SELECT SECTOR SPDR TR	14,049 (+113.5%)	$600 (+4.5%)	0.0%	$54.67	—	STATE STREET UTI	81369Y886
BWMN	BOWMAN CONSULTING GROUP LTD	6,179 (+16.9%)	$204 (-8.9%)	0.0%	$37.54	+1.0%	COM	103002101
PGR	PROGRESSIVE CORP	998 (+16.6%)	$227 (+7.5%)	0.0%	$248.44	-14.5%	COM	743315103
VTSI	VIRTRA INC	58,582 (+22.2%)	$246 (-2.5%)	0.0%	$6.87	-23.9%	COM PAR	92827K301
ABT	ABBOTT LABS	4,872 (+7.9%)	$610 (+0.9%)	0.0%	$90.61	+40.5%	COM	002824100
GEL	GENESIS ENERGY L P	32,000 (+6.7%)	$499 (-0.4%)	0.0%	$12.70	—	UNIT LTD PARTN	371927104

Exited Positions (18)

AEHR AEHR TEST SYS 0.0%

Value ($000) $543 Shares 18,024 Est. Cost $9.52 Unrealized +154.1%

OXY OCCIDENTAL PETE CORP 0.0%

Value ($000) $542 Shares 11,470 Est. Cost $53.99 Unrealized -23.0%

NJR NEW JERSEY RES CORP 0.0%

Value ($000) $498 Shares 10,342 Est. Cost $45.70 Unrealized +0.3%

PSX PHILLIPS 66 0.0%

Value ($000) $411 Shares 3,025 Est. Cost $76.24 Unrealized +75.8%

TGEN TECOGEN INC NEW 0.0%

Value ($000) $380 Shares 43,173 Est. Cost $8.02 Unrealized -6.4%

IVW ISHARES TR 0.0%

Value ($000) $377 Shares 3,122 Est. Cost $99.42 Unrealized —

BMNR BITMINE IMMERSION TECNOLOGIE 0.0%

Value ($000) $349 Shares 6,725 Est. Cost $50.65 Unrealized -20.0%

LBRDA LIBERTY BROADBAND CORP 0.0%

Value ($000) $301 Shares 4,750 Est. Cost $68.73 Unrealized -24.6%

GEO GEO GROUP INC NEW 0.0%

Value ($000) $287 Shares 14,000 Est. Cost $22.84 Unrealized -27.0%

LBTYA LIBERTY GLOBAL LTD 0.0%

Value ($000) $287 Shares 25,000 Est. Cost $11.00 Unrealized +0.6%

POWL POWELL INDS INC 0.0%

Value ($000) $277 Shares 909 Est. Cost $180.41 Unrealized +86.5%

BATRK ATLANTA BRAVES HLDGS INC 0.0%

Value ($000) $250 Shares 6,000 Est. Cost $40.89 Unrealized -3.3%

TIGO MILLICOM INTL CELLULAR S A 0.0%

Value ($000) $243 Shares 5,000 Est. Cost $34.26 Unrealized +47.0%

BXSL BLACKSTONE SECD LENDING FD 0.0%

Value ($000) $235 Shares 9,000 Est. Cost $25.85 Unrealized +0.9%

SONY SONY GROUP CORP 0.0%

Value ($000) $207 Shares 7,200 Est. Cost $28.79 Unrealized —

OLED UNIVERSAL DISPLAY CORP 0.0%

Value ($000) $205 Shares 1,430 Est. Cost $139.45 Unrealized -7.3%

NEXT NEXTDECADE CORP 0.0%

Value ($000) $115 Shares 17,000 Est. Cost $9.67 Unrealized -38.3%

TLSA TIZIANA LIFE SCIENCES LTD 0.0%

Value ($000) $66 Shares 30,700 Est. Cost $1.85 Unrealized -2.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AEHR	AEHR TEST SYS	18,024	$543	0.0%	$9.52	+154.1%	—	00760J108
OXY	OCCIDENTAL PETE CORP	11,470	$542	0.0%	$53.99	-23.0%	—	674599105
NJR	NEW JERSEY RES CORP	10,342	$498	0.0%	$45.70	+0.3%	—	646025106
PSX	PHILLIPS 66	3,025	$411	0.0%	$76.24	+75.8%	—	718546104
TGEN	TECOGEN INC NEW	43,173	$380	0.0%	$8.02	-6.4%	—	87876P201
IVW	ISHARES TR	3,122	$377	0.0%	$99.42	—	—	464287309
BMNR	BITMINE IMMERSION TECNOLOGIE	6,725	$349	0.0%	$50.65	-20.0%	—	09175A206
LBRDA	LIBERTY BROADBAND CORP	4,750	$301	0.0%	$68.73	-24.6%	—	530307107
GEO	GEO GROUP INC NEW	14,000	$287	0.0%	$22.84	-27.0%	—	36162J106
LBTYA	LIBERTY GLOBAL LTD	25,000	$287	0.0%	$11.00	+0.6%	—	G61188101
POWL	POWELL INDS INC	909	$277	0.0%	$180.41	+86.5%	—	739128106
BATRK	ATLANTA BRAVES HLDGS INC	6,000	$250	0.0%	$40.89	-3.3%	—	047726302
TIGO	MILLICOM INTL CELLULAR S A	5,000	$243	0.0%	$34.26	+47.0%	—	L6388F110
BXSL	BLACKSTONE SECD LENDING FD	9,000	$235	0.0%	$25.85	+0.9%	—	09261X102
SONY	SONY GROUP CORP	7,200	$207	0.0%	$28.79	—	—	835699307
OLED	UNIVERSAL DISPLAY CORP	1,430	$205	0.0%	$139.45	-7.3%	—	91347P105
NEXT	NEXTDECADE CORP	17,000	$115	0.0%	$9.67	-38.3%	—	65342K105
TLSA	TIZIANA LIFE SCIENCES LTD	30,700	$66	0.0%	$1.85	-2.9%	—	G88912103

Decreased Positions (48)

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.6%

Value ($000) $9,454 (-80.8%) Shares 124,540 (-76.8%) Est. Cost $18.15 Unrealized +351.1%

MU MICRON TECHNOLOGY INC 4.5%

Value ($000) $76,846 (+61.3%) Shares 269,247 (-5.4%) Est. Cost $50.82 Unrealized +351.3%

GOOGL ALPHABET INC 4.4%

Value ($000) $75,560 (+23.2%) Shares 241,406 (-4.3%) Est. Cost $107.27 Unrealized +166.2%

GM GENERAL MTRS CO 1.5%

Value ($000) $26,207 (+31.8%) Shares 322,270 (-1.1%) Est. Cost $44.14 Unrealized +59.5%

LNG CHENIERE ENERGY INC 0.9%

Value ($000) $16,208 (-27.5%) Shares 83,381 (-12.4%) Est. Cost $231.60 Unrealized -9.3%

WDC WESTERN DIGITAL CORP 2.6%

Value ($000) $44,655 (-9.7%) Shares 259,216 (-37.1%) Est. Cost $47.46 Unrealized +219.3%

OLN OLIN CORP 0.0%

Value ($000) $201 (-95.4%) Shares 9,641 (-94.4%) Est. Cost $32.84 Unrealized -34.7%

STX SEAGATE TECHNOLOGY HLDNGS PL 1.6%

Value ($000) $27,862 (+13.1%) Shares 101,172 (-3.1%) Est. Cost $99.91 Unrealized +159.2%

AAPL APPLE INC 5.1%

Value ($000) $86,515 (+2.5%) Shares 318,233 (-4.0%) Est. Cost $94.17 Unrealized +184.9%

CMCSA COMCAST CORP NEW 0.2%

Value ($000) $3,749 (-34.4%) Shares 125,418 (-31.1%) Est. Cost $39.35 Unrealized -27.5%

GOOG ALPHABET INC 0.5%

Value ($000) $8,610 (+27.2%) Shares 27,437 (-1.2%) Est. Cost $107.77 Unrealized +165.7%

DVN DEVON ENERGY CORP NEW 0.0%

Value ($000) $425 (-80.5%) Shares 11,590 (-81.3%) Est. Cost $41.08 Unrealized -15.5%

GEV GE VERNOVA INC 2.1%

Value ($000) $35,466 (+5.0%) Shares 54,265 (-1.2%) Est. Cost $158.10 Unrealized +285.2%

AVGO BROADCOM INC 2.6%

Value ($000) $44,083 (+3.2%) Shares 127,371 (-1.6%) Est. Cost $144.00 Unrealized +147.9%

CLF CLEVELAND-CLIFFS INC NEW 0.2%

Value ($000) $3,222 (-25.7%) Shares 242,627 (-31.8%) Est. Cost $16.41 Unrealized -23.1%

NVDA NVIDIA CORPORATION 2.4%

Value ($000) $41,064 (-1.8%) Shares 220,181 (-1.7%) Est. Cost $94.58 Unrealized +96.8%

MIND MIND TECHNOLOGY INC 0.0%

Value ($000) $699 (-33.3%) Shares 79,496 (-38.6%) Est. Cost $4.20 Unrealized +138.7%

SMH VANECK ETF TRUST 0.3%

Value ($000) $4,344 (+8.4%) Shares 12,064 (-1.8%) Est. Cost $192.88 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value ($000) $1,597 (-17.3%) Shares 5,393 (-21.2%) Est. Cost $198.12 Unrealized +50.8%

SPIR SPIRE GLOBAL INC 0.0%

Value ($000) $230 (-58.0%) Shares 30,712 (-38.5%) Est. Cost $10.34 Unrealized -5.4%

XME SPDR SERIES TRUST 0.3%

Value ($000) $4,468 (+7.6%) Shares 43,127 (-3.3%) Est. Cost $52.41 Unrealized —

ASPN ASPEN AEROGELS INC 0.0%

Value ($000) $115 (-72.4%) Shares 40,765 (-32.1%) Est. Cost $11.11 Unrealized -53.6%

CRM SALESFORCE INC 0.9%

Value ($000) $15,721 (+1.5%) Shares 59,345 (-9.2%) Est. Cost $254.80 Unrealized -2.6%

MRK MERCK & CO INC 0.1%

Value ($000) $2,377 (+11.0%) Shares 22,586 (-11.5%) Est. Cost $61.86 Unrealized +50.7%

CDNA CAREDX INC 0.1%

Value ($000) $1,777 (+15.3%) Shares 94,339 (-11.0%) Est. Cost $15.10 Unrealized +10.9%

XOP SPDR SERIES TRUST 0.1%

Value ($000) $2,145 (-8.7%) Shares 16,992 (-4.4%) Est. Cost $135.52 Unrealized —

HRMY HARMONY BIOSCIENCES HLDGS IN 0.0%

Value ($000) $793 (+34.2%) Shares 21,205 (-1.2%) Est. Cost $34.36 Unrealized -4.3%

GD GENERAL DYNAMICS CORP 0.1%

Value ($000) $2,353 (-6.5%) Shares 6,990 (-5.3%) Est. Cost $232.36 Unrealized +46.7%

LILAK LIBERTY LATIN AMERICA LTD 0.0%

Value ($000) $82 (-65.9%) Shares 11,000 (-61.4%) Est. Cost $9.46 Unrealized -13.1%

EZPW EZCORP INC 0.0%

Value ($000) $376 (-28.0%) Shares 19,383 (-29.4%) Est. Cost $12.70 Unrealized +48.5%

TIPT TIPTREE INC 0.0%

Value ($000) $218 (-39.7%) Shares 11,935 (-36.7%) Est. Cost $22.27 Unrealized -18.2%

NUE NUCOR CORP 0.1%

Value ($000) $1,043 (+14.6%) Shares 6,395 (-4.8%) Est. Cost $121.64 Unrealized +23.1%

IJH ISHARES TR 0.0%

Value ($000) $462 (-20.1%) Shares 7,000 (-21.0%) Est. Cost $93.02 Unrealized —

FLL FULL HSE RESORTS INC 0.0%

Value ($000) $54 (-62.7%) Shares 20,623 (-54.2%) Est. Cost $3.93 Unrealized -31.6%

MRSH MARSH & MCLENNAN COS INC 0.0%

Value ($000) $413 (-17.2%) Shares 2,228 (-10.1%) Est. Cost $55.18 Unrealized +237.9%

GLDD GREAT LAKES DREDGE & DOCK CO 0.0%

Value ($000) $249 (-24.4%) Shares 18,977 (-30.9%) Est. Cost $8.74 Unrealized +41.0%

CDRE CADRE HLDGS INC 0.0%

Value ($000) $423 (-10.6%) Shares 10,349 (-20.1%) Est. Cost $32.05 Unrealized +29.3%

PESI PERMA-FIX ENVIRONMENTAL SVCS 0.0%

Value ($000) $455 (+10.0%) Shares 36,145 (-11.8%) Est. Cost $6.38 Unrealized +99.8%

RELL RICHARDSON ELECTRS LTD 0.0%

Value ($000) $539 (+8.1%) Shares 49,559 (-2.7%) Est. Cost $9.03 Unrealized +17.0%

GHM GRAHAM CORP 0.0%

Value ($000) $395 (+11.2%) Shares 6,145 (-5.0%) Est. Cost $37.07 Unrealized +62.8%

CSX CSX CORP 0.0%

Value ($000) $218 (-13.5%) Shares 6,000 (-15.3%) Est. Cost $33.29 Unrealized +7.2%

UNP UNION PAC CORP 0.0%

Value ($000) $309 (-9.6%) Shares 1,337 (-7.6%) Est. Cost $169.94 Unrealized +33.8%

DCO DUCOMMUN INC DEL 0.0%

Value ($000) $325 (-6.1%) Shares 3,415 (-5.1%) Est. Cost $64.47 Unrealized +44.5%

GDXJ VANECK ETF TRUST 0.0%

Value ($000) $228 (-8.1%) Shares 2,000 (-20.0%) Est. Cost $99.03 Unrealized —

ESTA ESTABLISHMENT LABS HLDGS INC 0.0%

Value ($000) $383 (-4.3%) Shares 5,250 (-46.2%) Est. Cost $36.86 Unrealized +63.8%

AEP AMERICAN ELEC PWR CO INC 0.1%

Value ($000) $1,287 (+1.2%) Shares 11,157 (-1.3%) Est. Cost $53.75 Unrealized +119.0%

ITA ISHARES TR 0.1%

Value ($000) $2,564 (-0.4%) Shares 11,943 (-2.9%) Est. Cost $110.99 Unrealized —

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $294 (+3.4%) Shares 1,374 (-21.9%) Est. Cost $108.75 Unrealized +106.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
KTOS	KRATOS DEFENSE & SEC SOLUTIO	124,540 (-76.8%)	$9,454 (-80.8%)	0.6%	$18.15	+351.1%	COM NEW	50077B207
MU	MICRON TECHNOLOGY INC	269,247 (-5.4%)	$76,846 (+61.3%)	4.5%	$50.82	+351.3%	COM	595112103
GOOGL	ALPHABET INC	241,406 (-4.3%)	$75,560 (+23.2%)	4.4%	$107.27	+166.2%	CAP STK CL A	02079K305
GM	GENERAL MTRS CO	322,270 (-1.1%)	$26,207 (+31.8%)	1.5%	$44.14	+59.5%	COM	37045V100
LNG	CHENIERE ENERGY INC	83,381 (-12.4%)	$16,208 (-27.5%)	0.9%	$231.60	-9.3%	COM NEW	16411R208
WDC	WESTERN DIGITAL CORP	259,216 (-37.1%)	$44,655 (-9.7%)	2.6%	$47.46	+219.3%	COM	958102105
OLN	OLIN CORP	9,641 (-94.4%)	$201 (-95.4%)	0.0%	$32.84	-34.7%	COM PAR $1	680665205
STX	SEAGATE TECHNOLOGY HLDNGS PL	101,172 (-3.1%)	$27,862 (+13.1%)	1.6%	$99.91	+159.2%	ORD SHS	G7997R103
AAPL	APPLE INC	318,233 (-4.0%)	$86,515 (+2.5%)	5.1%	$94.17	+184.9%	COM	037833100
CMCSA	COMCAST CORP NEW	125,418 (-31.1%)	$3,749 (-34.4%)	0.2%	$39.35	-27.5%	CL A	20030N101
GOOG	ALPHABET INC	27,437 (-1.2%)	$8,610 (+27.2%)	0.5%	$107.77	+165.7%	CAP STK CL C	02079K107
DVN	DEVON ENERGY CORP NEW	11,590 (-81.3%)	$425 (-80.5%)	0.0%	$41.08	-15.5%	COM	25179M103
GEV	GE VERNOVA INC	54,265 (-1.2%)	$35,466 (+5.0%)	2.1%	$158.10	+285.2%	COM	36828A101
AVGO	BROADCOM INC	127,371 (-1.6%)	$44,083 (+3.2%)	2.6%	$144.00	+147.9%	COM	11135F101
CLF	CLEVELAND-CLIFFS INC NEW	242,627 (-31.8%)	$3,222 (-25.7%)	0.2%	$16.41	-23.1%	COM	185899101
NVDA	NVIDIA CORPORATION	220,181 (-1.7%)	$41,064 (-1.8%)	2.4%	$94.58	+96.8%	COM	67066G104
MIND	MIND TECHNOLOGY INC	79,496 (-38.6%)	$699 (-33.3%)	0.0%	$4.20	+138.7%	COM NEW	602566309
SMH	VANECK ETF TRUST	12,064 (-1.8%)	$4,344 (+8.4%)	0.3%	$192.88	—	SEMICONDUCTR ETF	92189F676
IBM	INTERNATIONAL BUSINESS MACHS	5,393 (-21.2%)	$1,597 (-17.3%)	0.1%	$198.12	+50.8%	COM	459200101
SPIR	SPIRE GLOBAL INC	30,712 (-38.5%)	$230 (-58.0%)	0.0%	$10.34	-5.4%	COM CL A NEW	848560306
XME	SPDR SERIES TRUST	43,127 (-3.3%)	$4,468 (+7.6%)	0.3%	$52.41	—	STATE STREET SPD	78464A755
ASPN	ASPEN AEROGELS INC	40,765 (-32.1%)	$115 (-72.4%)	0.0%	$11.11	-53.6%	COM	04523Y105
CRM	SALESFORCE INC	59,345 (-9.2%)	$15,721 (+1.5%)	0.9%	$254.80	-2.6%	COM	79466L302
MRK	MERCK & CO INC	22,586 (-11.5%)	$2,377 (+11.0%)	0.1%	$61.86	+50.7%	COM	58933Y105
CDNA	CAREDX INC	94,339 (-11.0%)	$1,777 (+15.3%)	0.1%	$15.10	+10.9%	COM	14167L103
XOP	SPDR SERIES TRUST	16,992 (-4.4%)	$2,145 (-8.7%)	0.1%	$135.52	—	STATE STREET SPD	78468R556
HRMY	HARMONY BIOSCIENCES HLDGS IN	21,205 (-1.2%)	$793 (+34.2%)	0.0%	$34.36	-4.3%	COM	413197104
GD	GENERAL DYNAMICS CORP	6,990 (-5.3%)	$2,353 (-6.5%)	0.1%	$232.36	+46.7%	COM	369550108
LILAK	LIBERTY LATIN AMERICA LTD	11,000 (-61.4%)	$82 (-65.9%)	0.0%	$9.46	-13.1%	COM CL C	G9001E128
EZPW	EZCORP INC	19,383 (-29.4%)	$376 (-28.0%)	0.0%	$12.70	+48.5%	CL A NON VTG	302301106
TIPT	TIPTREE INC	11,935 (-36.7%)	$218 (-39.7%)	0.0%	$22.27	-18.2%	COM	88822Q103
NUE	NUCOR CORP	6,395 (-4.8%)	$1,043 (+14.6%)	0.1%	$121.64	+23.1%	COM	670346105
IJH	ISHARES TR	7,000 (-21.0%)	$462 (-20.1%)	0.0%	$93.02	—	CORE S&P MCP ETF	464287507
FLL	FULL HSE RESORTS INC	20,623 (-54.2%)	$54 (-62.7%)	0.0%	$3.93	-31.6%	COM	359678109
MRSH	MARSH & MCLENNAN COS INC	2,228 (-10.1%)	$413 (-17.2%)	0.0%	$55.18	+237.9%	COM	571748102
GLDD	GREAT LAKES DREDGE & DOCK CO	18,977 (-30.9%)	$249 (-24.4%)	0.0%	$8.74	+41.0%	COM	390607109
CDRE	CADRE HLDGS INC	10,349 (-20.1%)	$423 (-10.6%)	0.0%	$32.05	+29.3%	COM	12763L105
PESI	PERMA-FIX ENVIRONMENTAL SVCS	36,145 (-11.8%)	$455 (+10.0%)	0.0%	$6.38	+99.8%	COM NEW	714157203
RELL	RICHARDSON ELECTRS LTD	49,559 (-2.7%)	$539 (+8.1%)	0.0%	$9.03	+17.0%	COM	763165107
GHM	GRAHAM CORP	6,145 (-5.0%)	$395 (+11.2%)	0.0%	$37.07	+62.8%	COM	384556106
CSX	CSX CORP	6,000 (-15.3%)	$218 (-13.5%)	0.0%	$33.29	+7.2%	COM	126408103
UNP	UNION PAC CORP	1,337 (-7.6%)	$309 (-9.6%)	0.0%	$169.94	+33.8%	COM	907818108
DCO	DUCOMMUN INC DEL	3,415 (-5.1%)	$325 (-6.1%)	0.0%	$64.47	+44.5%	COM	264147109
GDXJ	VANECK ETF TRUST	2,000 (-20.0%)	$228 (-8.1%)	0.0%	$99.03	—	JUNIOR GOLD MINE	92189F791
ESTA	ESTABLISHMENT LABS HLDGS INC	5,250 (-46.2%)	$383 (-4.3%)	0.0%	$36.86	+63.8%	COM	G31249108
AEP	AMERICAN ELEC PWR CO INC	11,157 (-1.3%)	$1,287 (+1.2%)	0.1%	$53.75	+119.0%	COM	025537101
ITA	ISHARES TR	11,943 (-2.9%)	$2,564 (-0.4%)	0.1%	$110.99	—	US AER DEF ETF	464288760
AMD	ADVANCED MICRO DEVICES INC	1,374 (-21.9%)	$294 (+3.4%)	0.0%	$108.75	+106.5%	COM	007903107

Unchanged Positions (63)

AFOS EA SERIES TRUST 11.3%

Value ($000) $192,656 Shares 5,603,699 Est. Cost $25.60 Unrealized —

LRCX LAM RESEARCH CORP 4.4%

Value ($000) $74,542 Shares 435,459 Est. Cost $74.98 Unrealized +107.2%

MPC MARATHON PETE CORP 1.0%

Value ($000) $16,271 Shares 100,049 Est. Cost $124.71 Unrealized +49.5%

ETN EATON CORP PLC 0.9%

Value ($000) $14,901 Shares 46,784 Est. Cost $188.65 Unrealized +87.9%

ASND ASCENDIS PHARMA A/S 2.2%

Value ($000) $37,234 Shares 174,611 Est. Cost $121.98 Unrealized —

MS MORGAN STANLEY 1.3%

Value ($000) $22,292 Shares 125,569 Est. Cost $120.94 Unrealized +37.6%

STLD STEEL DYNAMICS INC 0.7%

Value ($000) $11,274 Shares 66,534 Est. Cost $71.84 Unrealized +120.5%

VRT VERTIV HOLDINGS CO 1.3%

Value ($000) $21,953 Shares 135,504 Est. Cost $82.88 Unrealized +109.4%

AMAT APPLIED MATLS INC 0.3%

Value ($000) $4,888 Shares 19,019 Est. Cost $67.57 Unrealized +254.4%

SPY SPDR S&P 500 ETF TR 1.7%

Value ($000) $29,370 Shares 43,069 Est. Cost $347.83 Unrealized —

CMC COMMERCIAL METALS CO 0.1%

Value ($000) $2,339 Shares 33,786 Est. Cost $43.83 Unrealized +42.4%

PWR QUANTA SVCS INC 1.4%

Value ($000) $24,095 Shares 57,090 Est. Cost $314.45 Unrealized +39.7%

SNDK SANDISK CORP 0.0%

Value ($000) $525 Shares 2,213 Est. Cost $58.39 Unrealized +243.0%

XEL XCEL ENERGY INC 0.1%

Value ($000) $2,509 Shares 33,972 Est. Cost $42.99 Unrealized +82.1%

AVAV AEROVIRONMENT INC 0.0%

Value ($000) $803 Shares 3,321 Est. Cost $134.87 Unrealized +133.1%

TMUS T-MOBILE US INC 0.1%

Value ($000) $1,194 Shares 5,880 Est. Cost $62.65 Unrealized +237.3%

GLD SPDR GOLD TR 0.1%

Value ($000) $1,973 Shares 4,979 Est. Cost $204.79 Unrealized —

TPCS TECHPRECISION CORP 0.1%

Value ($000) $1,521 Shares 314,908 Est. Cost $7.11 Unrealized -33.5%

MDLZ MONDELEZ INTL INC 0.1%

Value ($000) $896 Shares 16,653 Est. Cost $43.69 Unrealized +30.6%

ABBV ABBVIE INC 0.4%

Value ($000) $6,465 Shares 28,293 Est. Cost $85.92 Unrealized +164.8%

URA GLOBAL X FDS 0.1%

Value ($000) $985 Shares 23,044 Est. Cost $47.67 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.2%

Value ($000) $2,866 Shares 9,762 Est. Cost $179.51 Unrealized +60.7%

IVV ISHARES TR 0.2%

Value ($000) $3,753 Shares 5,480 Est. Cost $500.13 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.2%

Value ($000) $3,597 Shares 112,187 Est. Cost $18.68 Unrealized —

DAL DELTA AIR LINES INC DEL 0.0%

Value ($000) $443 Shares 6,380 Est. Cost $56.83 Unrealized +9.9%

MSI MOTOROLA SOLUTIONS INC 0.0%

Value ($000) $360 Shares 938 Est. Cost $241.74 Unrealized +65.8%

PEP PEPSICO INC 0.1%

Value ($000) $2,287 Shares 15,936 Est. Cost $65.88 Unrealized +121.5%

MLM MARTIN MARIETTA MATLS INC 0.3%

Value ($000) $4,397 Shares 7,061 Est. Cost $227.04 Unrealized +173.7%

TSLA TESLA INC 0.2%

Value ($000) $3,513 Shares 7,812 Est. Cost $290.80 Unrealized +52.4%

IAI ISHARES TR 0.2%

Value ($000) $2,849 Shares 15,882 Est. Cost $169.14 Unrealized —

CNI CANADIAN NATL RY CO 0.1%

Value ($000) $1,081 Shares 10,938 Est. Cost $42.72 Unrealized +125.0%

MPLX MPLX LP 0.0%

Value ($000) $688 Shares 12,900 Est. Cost $51.51 Unrealized —

FTAI FTAI AVIATION LTD 0.0%

Value ($000) $276 Shares 1,400 Est. Cost $111.23 Unrealized +53.1%

TPYP TORTOISE CAPITAL SERIES TRUS 0.1%

Value ($000) $1,371 Shares 38,851 Est. Cost $35.81 Unrealized —

ASML ASML HOLDING N V 0.0%

Value ($000) $407 Shares 380 Est. Cost $545.43 Unrealized —

BESF EA SERIES TRUST 0.0%

Value ($000) $268 Shares 8,000 Est. Cost $26.12 Unrealized —

CODI COMPASS DIVERSIFIED 0.0%

Value ($000) $71 Shares 14,892 Est. Cost $11.08 Unrealized -42.9%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $422 Shares 5,258 Est. Cost $63.86 Unrealized +29.2%

CL COLGATE PALMOLIVE CO 0.1%

Value ($000) $1,436 Shares 18,178 Est. Cost $44.64 Unrealized +75.4%

GRID FIRST TR EXCHANGE TRADED FD 0.1%

Value ($000) $1,489 Shares 9,733 Est. Cost $139.02 Unrealized —

NSC NORFOLK SOUTHN CORP 0.0%

Value ($000) $501 Shares 1,734 Est. Cost $97.60 Unrealized +195.7%

AZ A2Z CUST2MATE SOLUTIONS CORP 0.0%

Value ($000) $85 Shares 13,000 Est. Cost $8.65 Unrealized -25.7%

DBA INVESCO DB MULTI-SECTOR COMM 0.0%

Value ($000) $268 Shares 10,508 Est. Cost $23.33 Unrealized —

STGW STAGWELL INC 0.0%

Value ($000) $71 Shares 14,597 Est. Cost $6.67 Unrealized -22.0%

IXUS ISHARES TR 0.0%

Value ($000) $423 Shares 5,000 Est. Cost $73.23 Unrealized —

QIPT QUIPT HOME MEDICAL CORP 0.0%

Value ($000) $35 Shares 10,000 Est. Cost $1.97 Unrealized +34.2%

CWI SPDR INDEX SHS FDS 0.0%

Value ($000) $308 Shares 8,579 Est. Cost $24.06 Unrealized —

DVY ISHARES TR 0.1%

Value ($000) $1,201 Shares 8,511 Est. Cost $82.32 Unrealized —

SKT TANGER INC 0.0%

Value ($000) $543 Shares 16,262 Est. Cost $34.13 Unrealized —

ITOT ISHARES TR 0.0%

Value ($000) $358 Shares 2,409 Est. Cost $128.62 Unrealized —

HUBB HUBBELL INC 0.0%

Value ($000) $222 Shares 500 Est. Cost $377.50 Unrealized +15.8%

EQIX EQUINIX INC 0.0%

Value ($000) $230 Shares 300 Est. Cost $662.35 Unrealized +17.9%

FIP FTAI INFRASTRUCTURE INC 0.0%

Value ($000) $92 Shares 20,000 Est. Cost $5.36 Unrealized -8.4%

IJR ISHARES TR 0.0%

Value ($000) $421 Shares 3,500 Est. Cost $113.99 Unrealized —

SMAX ISHARES TR 0.0%

Value ($000) $536 Shares 19,900 Est. Cost $25.20 Unrealized —

ED CONSOLIDATED EDISON INC 0.0%

Value ($000) $258 Shares 2,595 Est. Cost $68.08 Unrealized +45.1%

DMAX ISHARES TR 0.0%

Value ($000) $266 Shares 9,990 Est. Cost $25.80 Unrealized —

AON AON PLC 0.0%

Value ($000) $228 Shares 645 Est. Cost $361.30 Unrealized -3.4%

AMBP ARDAGH METAL PACKAGING S A 0.0%

Value ($000) $55 Shares 13,350 Est. Cost $4.25 Unrealized -10.7%

MAXJ ISHARES TR 0.0%

Value ($000) $281 Shares 9,960 Est. Cost $25.99 Unrealized —

IWR ISHARES TR 0.0%

Value ($000) $254 Shares 2,639 Est. Cost $84.75 Unrealized —

VXF VANGUARD INDEX FDS 0.0%

Value ($000) $622 Shares 2,975 Est. Cost $118.38 Unrealized —

GLIBK GCI LIBERTY INC 0.0%

Value ($000) $298 Shares 8,001 Est. Cost $35.27 Unrealized -0.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AFOS	EA SERIES TRUST	5,603,699	$192,656	11.3%	$25.60	—	ARS FOCUSED OPPO	02072Q531
LRCX	LAM RESEARCH CORP	435,459	$74,542	4.4%	$74.98	+107.2%	COM NEW	512807306
MPC	MARATHON PETE CORP	100,049	$16,271	1.0%	$124.71	+49.5%	COM	56585A102
ETN	EATON CORP PLC	46,784	$14,901	0.9%	$188.65	+87.9%	SHS	G29183103
ASND	ASCENDIS PHARMA A/S	174,611	$37,234	2.2%	$121.98	—	SPONSORED ADR	04351P101
MS	MORGAN STANLEY	125,569	$22,292	1.3%	$120.94	+37.6%	COM NEW	617446448
STLD	STEEL DYNAMICS INC	66,534	$11,274	0.7%	$71.84	+120.5%	COM	858119100
VRT	VERTIV HOLDINGS CO	135,504	$21,953	1.3%	$82.88	+109.4%	COM CL A	92537N108
AMAT	APPLIED MATLS INC	19,019	$4,888	0.3%	$67.57	+254.4%	COM	038222105
SPY	SPDR S&P 500 ETF TR	43,069	$29,370	1.7%	$347.83	—	TR UNIT	78462F103
CMC	COMMERCIAL METALS CO	33,786	$2,339	0.1%	$43.83	+42.4%	COM	201723103
PWR	QUANTA SVCS INC	57,090	$24,095	1.4%	$314.45	+39.7%	COM	74762E102
SNDK	SANDISK CORP	2,213	$525	0.0%	$58.39	+243.0%	COM	80004C200
XEL	XCEL ENERGY INC	33,972	$2,509	0.1%	$42.99	+82.1%	COM	98389B100
AVAV	AEROVIRONMENT INC	3,321	$803	0.0%	$134.87	+133.1%	COM	008073108
TMUS	T-MOBILE US INC	5,880	$1,194	0.1%	$62.65	+237.3%	COM	872590104
GLD	SPDR GOLD TR	4,979	$1,973	0.1%	$204.79	—	GOLD SHS	78463V107
TPCS	TECHPRECISION CORP	314,908	$1,521	0.1%	$7.11	-33.5%	COM NEW	878739200
MDLZ	MONDELEZ INTL INC	16,653	$896	0.1%	$43.69	+30.6%	CL A	609207105
ABBV	ABBVIE INC	28,293	$6,465	0.4%	$85.92	+164.8%	COM	00287Y109
URA	GLOBAL X FDS	23,044	$985	0.1%	$47.67	—	GLOBAL X URANIUM	37954Y871
LHX	L3HARRIS TECHNOLOGIES INC	9,762	$2,866	0.2%	$179.51	+60.7%	COM	502431109
IVV	ISHARES TR	5,480	$3,753	0.2%	$500.13	—	CORE S&P500 ETF	464287200
EPD	ENTERPRISE PRODS PARTNERS L	112,187	$3,597	0.2%	$18.68	—	COM	293792107
DAL	DELTA AIR LINES INC DEL	6,380	$443	0.0%	$56.83	+9.9%	COM NEW	247361702
MSI	MOTOROLA SOLUTIONS INC	938	$360	0.0%	$241.74	+65.8%	COM NEW	620076307
PEP	PEPSICO INC	15,936	$2,287	0.1%	$65.88	+121.5%	COM	713448108
MLM	MARTIN MARIETTA MATLS INC	7,061	$4,397	0.3%	$227.04	+173.7%	COM	573284106
TSLA	TESLA INC	7,812	$3,513	0.2%	$290.80	+52.4%	COM	88160R101
IAI	ISHARES TR	15,882	$2,849	0.2%	$169.14	—	US BR DEL SE ETF	464288794
CNI	CANADIAN NATL RY CO	10,938	$1,081	0.1%	$42.72	+125.0%	COM	136375102
MPLX	MPLX LP	12,900	$688	0.0%	$51.51	—	COM UNIT REP LTD	55336V100
FTAI	FTAI AVIATION LTD	1,400	$276	0.0%	$111.23	+53.1%	SHS	G3730V105
TPYP	TORTOISE CAPITAL SERIES TRUS	38,851	$1,371	0.1%	$35.81	—	NORTH AMERN PIPE	890930308
ASML	ASML HOLDING N V	380	$407	0.0%	$545.43	—	N Y REGISTRY SHS	N07059210
BESF	EA SERIES TRUST	8,000	$268	0.0%	$26.12	—	BASTION ENERGY E	02072Q671
CODI	COMPASS DIVERSIFIED	14,892	$71	0.0%	$11.08	-42.9%	SH BEN INT	20451Q104
NEE	NEXTERA ENERGY INC	5,258	$422	0.0%	$63.86	+29.2%	COM	65339F101
CL	COLGATE PALMOLIVE CO	18,178	$1,436	0.1%	$44.64	+75.4%	COM	194162103
GRID	FIRST TR EXCHANGE TRADED FD	9,733	$1,489	0.1%	$139.02	—	NASDQ CLN EDGE	33737A108
NSC	NORFOLK SOUTHN CORP	1,734	$501	0.0%	$97.60	+195.7%	COM	655844108
AZ	A2Z CUST2MATE SOLUTIONS CORP	13,000	$85	0.0%	$8.65	-25.7%	COM	002205102
DBA	INVESCO DB MULTI-SECTOR COMM	10,508	$268	0.0%	$23.33	—	AGRICULTURE FD	46140H106
STGW	STAGWELL INC	14,597	$71	0.0%	$6.67	-22.0%	COM CL A	85256A109
IXUS	ISHARES TR	5,000	$423	0.0%	$73.23	—	CORE MSCI TOTAL	46432F834
QIPT	QUIPT HOME MEDICAL CORP	10,000	$35	0.0%	$1.97	+34.2%	COM	74880P104
CWI	SPDR INDEX SHS FDS	8,579	$308	0.0%	$24.06	—	MSCI ACWI EXUS	78463X848
DVY	ISHARES TR	8,511	$1,201	0.1%	$82.32	—	SELECT DIVID ETF	464287168
SKT	TANGER INC	16,262	$543	0.0%	$34.13	—	COM	875465106
ITOT	ISHARES TR	2,409	$358	0.0%	$128.62	—	CORE S&P TTL STK	464287150
HUBB	HUBBELL INC	500	$222	0.0%	$377.50	+15.8%	COM	443510607
EQIX	EQUINIX INC	300	$230	0.0%	$662.35	+17.9%	COM	29444U700
FIP	FTAI INFRASTRUCTURE INC	20,000	$92	0.0%	$5.36	-8.4%	COMMON STOCK	35953C106
IJR	ISHARES TR	3,500	$421	0.0%	$113.99	—	CORE S&P SCP ETF	464287804
SMAX	ISHARES TR	19,900	$536	0.0%	$25.20	—	LARGE CAP MAX BU	46438G588
ED	CONSOLIDATED EDISON INC	2,595	$258	0.0%	$68.08	+45.1%	COM	209115104
DMAX	ISHARES TR	9,990	$266	0.0%	$25.80	—	LARGE CAP MAX BU	46438G471
AON	AON PLC	645	$228	0.0%	$361.30	-3.4%	SHS CL A	G0403H108
AMBP	ARDAGH METAL PACKAGING S A	13,350	$55	0.0%	$4.25	-10.7%	SHS	L02235106
MAXJ	ISHARES TR	9,960	$281	0.0%	$25.99	—	LARGE CAP MAX BU	46438G612
IWR	ISHARES TR	2,639	$254	0.0%	$84.75	—	RUS MID CAP ETF	464287499
VXF	VANGUARD INDEX FDS	2,975	$622	0.0%	$118.38	—	EXTEND MKT ETF	922908652
GLIBK	GCI LIBERTY INC	8,001	$298	0.0%	$35.27	-0.5%	COM SER C	36164V800