Penbrook Management LLC Diversified Active

CIK: 0001381055 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 6, 2026

Total Value ($000): $144,979 (100.0% shares, 0.0% debt)

Holdings (97)

New Positions (5)

DV DOUBLEVERIFY HLDGS INC COM 0.8%

Value ($000) $1,177 Shares 102,910 Est. Cost $11.03 Unrealized 0.0%

BMY BRISTOL-MYERS SQUIBB CO COM 0.2%

Value ($000) $337 Shares 6,250 Est. Cost $47.53 Unrealized 0.0%

TFPM TRIPLE FLAG PRECIOUS METAL COM 0.1%

Value ($000) $202 Shares 6,089 Est. Cost $31.28 Unrealized 0.0%

PAYS PAYSIGN INC COM 0.1%

Value ($000) $159 Shares 30,825 Est. Cost $5.39 Unrealized 0.0%

IOVA IOVANCE BIOTHERAPEUTICS INC COM 0.1%

Value ($000) $93 Shares 33,945 Est. Cost $2.31 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DV	DOUBLEVERIFY HLDGS INC COM	102,910	$1,177	0.8%	$11.03	0.0%	Stock	25862V105
BMY	BRISTOL-MYERS SQUIBB CO COM	6,250	$337	0.2%	$47.53	0.0%	Stock	110122108
TFPM	TRIPLE FLAG PRECIOUS METAL COM	6,089	$202	0.1%	$31.28	0.0%	Stock	89679M104
PAYS	PAYSIGN INC COM	30,825	$159	0.1%	$5.39	0.0%	Stock	70451A104
IOVA	IOVANCE BIOTHERAPEUTICS INC COM	33,945	$93	0.1%	$2.31	0.0%	Stock	462260100

Increased Positions (14)

NVO NOVO-NORDISK A S ADR 11.1%

Value ($000) $16,098 (-6.9%) Shares 316,400 (+1.5%) Est. Cost $80.87 Unrealized —

ELVA ELECTROVAYA INC COM NEW 1.9%

Value ($000) $2,764 (+52.3%) Shares 349,861 (+13.6%) Est. Cost $3.76 Unrealized +60.5%

VET VERMILION ENERGY INC COM 1.1%

Value ($000) $1,648 (+17.5%) Shares 197,825 (+10.2%) Est. Cost $17.13 Unrealized -51.8%

HESM HESS MIDSTREAM LP CL A SHS 0.7%

Value ($000) $1,037 (+30.3%) Shares 30,055 (+30.5%) Est. Cost $18.31 Unrealized +78.1%

PAR PAR TECHNOLOGY CORP COM 0.5%

Value ($000) $719 (+42.4%) Shares 19,815 (+55.4%) Est. Cost $44.29 Unrealized -18.5%

BLZE BACKBLAZE INC COM CL A 0.2%

Value ($000) $332 (-31.1%) Shares 71,350 (+37.1%) Est. Cost $6.84 Unrealized +0.1%

ABNB AIRBNB INC COM CL A 0.8%

Value ($000) $1,215 (+13.0%) Shares 8,950 (+1.1%) Est. Cost $129.89 Unrealized -4.1%

ALKT ALKAMI TECHNOLOGY INC COM 2.0%

Value ($000) $2,946 (-4.5%) Shares 127,685 (+2.9%) Est. Cost $22.64 Unrealized -2.5%

LINC LINCOLN EDL SVCS CORP COM 0.3%

Value ($000) $411 (+40.0%) Shares 17,026 (+36.2%) Est. Cost $11.14 Unrealized +95.7%

MGNI MAGNITE INC COM 0.3%

Value ($000) $505 (-18.4%) Shares 31,115 (+9.5%) Est. Cost $14.26 Unrealized +16.4%

WES WESTERN MIDSTREAM PARTNERS LP COM UNIT LP INT 0.4%

Value ($000) $628 (+9.5%) Shares 15,900 (+8.9%) Est. Cost $39.51 Unrealized —

DAIO DATA I O CORP COM 0.8%

Value ($000) $1,131 (-4.0%) Shares 356,850 (+1.2%) Est. Cost $3.03 Unrealized -1.0%

USAC USA COMPRESSION PARTNERS LP COM UNIT LTDPAR 0.7%

Value ($000) $944 (+1.3%) Shares 41,038 (+5.7%) Est. Cost $14.76 Unrealized —

DMLP DORCHESTER MINERALS LP COM UNIT 0.3%

Value ($000) $363 (-0.1%) Shares 16,225 (+15.7%) Est. Cost $24.84 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVO	NOVO-NORDISK A S ADR	316,400 (+1.5%)	$16,098 (-6.9%)	11.1%	$80.87	—	ADR	670100205
ELVA	ELECTROVAYA INC COM NEW	349,861 (+13.6%)	$2,764 (+52.3%)	1.9%	$3.76	+60.5%	Stock	28617B606
VET	VERMILION ENERGY INC COM	197,825 (+10.2%)	$1,648 (+17.5%)	1.1%	$17.13	-51.8%	Stock	923725105
HESM	HESS MIDSTREAM LP CL A SHS	30,055 (+30.5%)	$1,037 (+30.3%)	0.7%	$18.31	+78.1%	Stock	428103105
PAR	PAR TECHNOLOGY CORP COM	19,815 (+55.4%)	$719 (+42.4%)	0.5%	$44.29	-18.5%	Stock	698884103
BLZE	BACKBLAZE INC COM CL A	71,350 (+37.1%)	$332 (-31.1%)	0.2%	$6.84	+0.1%	Stock	05637B105
ABNB	AIRBNB INC COM CL A	8,950 (+1.1%)	$1,215 (+13.0%)	0.8%	$129.89	-4.1%	Stock	009066101
ALKT	ALKAMI TECHNOLOGY INC COM	127,685 (+2.9%)	$2,946 (-4.5%)	2.0%	$22.64	-2.5%	Stock	01644J108
LINC	LINCOLN EDL SVCS CORP COM	17,026 (+36.2%)	$411 (+40.0%)	0.3%	$11.14	+95.7%	Stock	533535100
MGNI	MAGNITE INC COM	31,115 (+9.5%)	$505 (-18.4%)	0.3%	$14.26	+16.4%	Stock	55955D100
WES	WESTERN MIDSTREAM PARTNERS LP COM UNIT LP INT	15,900 (+8.9%)	$628 (+9.5%)	0.4%	$39.51	—	Stock	958669103
DAIO	DATA I O CORP COM	356,850 (+1.2%)	$1,131 (-4.0%)	0.8%	$3.03	-1.0%	Stock	237690102
USAC	USA COMPRESSION PARTNERS LP COM UNIT LTDPAR	41,038 (+5.7%)	$944 (+1.3%)	0.7%	$14.76	—	Stock	90290N109
DMLP	DORCHESTER MINERALS LP COM UNIT	16,225 (+15.7%)	$363 (-0.1%)	0.3%	$24.84	—	Stock	25820R105

Exited Positions (12)

BLDR BUILDERS FIRSTSOURCE INC COM 0.2%

Value ($000) $332 Shares 2,741 Est. Cost $42.57 Unrealized +164.0%

IREN IREN LIMITED ORDINARY SHARES 0.2%

Value ($000) $291 Shares 6,200 Est. Cost $24.29 Unrealized +112.4%

INVE IDENTIV INC COM NEW 0.2%

Value ($000) $254 Shares 73,594 Est. Cost $5.69 Unrealized -36.6%

— NUVEEN PFD & INCOME OPPORTUNIT COM 0.1%

Value ($000) $211 Shares 25,710 Est. Cost $6.76 Unrealized —

WLY WILEY JOHN & SONS INC CL A 0.1%

Value ($000) $202 Shares 5,000 Est. Cost $31.91 Unrealized +9.1%

PBI PITNEY BOWES INC COM 0.1%

Value ($000) $195 Shares 17,050 Est. Cost $9.06 Unrealized +14.5%

OESX ORION ENERGY SYS INC COM NEW 0.1%

Value ($000) $146 Shares 16,644 Est. Cost $6.98 Unrealized +83.1%

ASPN ASPEN AEROGELS INC COM 0.1%

Value ($000) $99 Shares 14,180 Est. Cost $9.64 Unrealized -46.5%

UAMY UNITED STATES ANTIMONY CORP COM 0.1%

Value ($000) $92 Shares 14,825 Est. Cost $2.83 Unrealized +177.1%

DEFT DEFI TECHNOLOGIES INC COM 0.0%

Value ($000) $23 Shares 10,800 Est. Cost $2.59 Unrealized -40.9%

CISO CISO GLOBAL INC COM NEW 0.0%

Value ($000) $15 Shares 14,270 Est. Cost $0.88 Unrealized -7.2%

OPTT OCEAN PWR TECHNOLOGIES INC COM NEW 0.0%

Value ($000) $8 Shares 15,000 Est. Cost $0.25 Unrealized +79.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLDR	BUILDERS FIRSTSOURCE INC COM	2,741	$332	0.2%	$42.57	+164.0%	—	12008R107
IREN	IREN LIMITED ORDINARY SHARES	6,200	$291	0.2%	$24.29	+112.4%	—	Q4982L109
INVE	IDENTIV INC COM NEW	73,594	$254	0.2%	$5.69	-36.6%	—	45170X205
—	NUVEEN PFD & INCOME OPPORTUNIT COM	25,710	$211	0.1%	$6.76	—	—	67073B106
WLY	WILEY JOHN & SONS INC CL A	5,000	$202	0.1%	$31.91	+9.1%	—	968223206
PBI	PITNEY BOWES INC COM	17,050	$195	0.1%	$9.06	+14.5%	—	724479100
OESX	ORION ENERGY SYS INC COM NEW	16,644	$146	0.1%	$6.98	+83.1%	—	686275207
ASPN	ASPEN AEROGELS INC COM	14,180	$99	0.1%	$9.64	-46.5%	—	04523Y105
UAMY	UNITED STATES ANTIMONY CORP COM	14,825	$92	0.1%	$2.83	+177.1%	—	911549103
DEFT	DEFI TECHNOLOGIES INC COM	10,800	$23	0.0%	$2.59	-40.9%	—	244916102
CISO	CISO GLOBAL INC COM NEW	14,270	$15	0.0%	$0.88	-7.2%	—	15672X201
OPTT	OCEAN PWR TECHNOLOGIES INC COM NEW	15,000	$8	0.0%	$0.25	+79.1%	—	674870506

Decreased Positions (36)

PL PLANET LABS PBC COM CL A 4.0%

Value ($000) $5,822 (+42.8%) Shares 295,245 (-6.0%) Est. Cost $3.75 Unrealized +282.1%

MSFT MICROSOFT CORP COM 7.6%

Value ($000) $11,002 (-12.6%) Shares 22,750 (-6.4%) Est. Cost $36.52 Unrealized +1270.7%

AEHR AEHR TEST SYS COM 1.6%

Value ($000) $2,320 (-33.7%) Shares 114,900 (-1.2%) Est. Cost $18.15 Unrealized +33.2%

ACLS AXCELIS TECHNOLOGIES INC COM NEW 0.9%

Value ($000) $1,277 (-22.6%) Shares 15,895 (-5.9%) Est. Cost $10.72 Unrealized +680.8%

FNF FIDELITY NATIONAL FINANCIAL IN COM SHS 0.8%

Value ($000) $1,109 (-23.0%) Shares 20,321 (-14.7%) Est. Cost $12.64 Unrealized +333.1%

FBP FIRST BANCORP P R COM NEW 0.6%

Value ($000) $931 (-19.7%) Shares 44,900 (-14.6%) Est. Cost $4.59 Unrealized +348.8%

TRGP TARGA RES CORP COM 0.9%

Value ($000) $1,297 (-13.1%) Shares 7,028 (-21.1%) Est. Cost $39.67 Unrealized +323.7%

VZ VERIZON COMMUNICATIONS INC COM 0.9%

Value ($000) $1,268 (-13.2%) Shares 31,135 (-6.3%) Est. Cost $31.76 Unrealized +27.5%

BBSI BARRETT BUSINESS SVCS INC COM 0.2%

Value ($000) $319 (-36.4%) Shares 8,800 (-22.1%) Est. Cost $25.77 Unrealized +48.3%

ET ENERGY TRANSFER L P COM UT LTD PTN 0.8%

Value ($000) $1,228 (-12.3%) Shares 74,489 (-8.7%) Est. Cost $13.01 Unrealized —

TTI TETRA TECHNOLOGIES INC DEL COM 0.3%

Value ($000) $412 (+60.7%) Shares 43,975 (-1.4%) Est. Cost $4.27 Unrealized +80.7%

XGN EXAGEN INC COM 0.1%

Value ($000) $82 (-62.7%) Shares 13,430 (-32.5%) Est. Cost $12.80 Unrealized -28.9%

COHU COHU INC COM 0.6%

Value ($000) $891 (-11.4%) Shares 38,300 (-22.6%) Est. Cost $34.23 Unrealized -33.0%

BPOP POPULAR INC COM NEW 1.0%

Value ($000) $1,476 (-7.1%) Shares 11,850 (-5.2%) Est. Cost $20.86 Unrealized +464.1%

ASUR ASURE SOFTWARE INC COM 0.6%

Value ($000) $841 (+13.1%) Shares 89,235 (-1.6%) Est. Cost $8.62 Unrealized -2.6%

OSS ONE STOP SYS INC COM 0.2%

Value ($000) $336 (+32.1%) Shares 46,740 (-1.4%) Est. Cost $5.47 Unrealized +8.0%

KOPN KOPIN CORP COM 0.2%

Value ($000) $269 (-19.2%) Shares 114,975 (-16.1%) Est. Cost $1.47 Unrealized +96.3%

FIS FIDELITY NATL INFORMATION SVCS COM 0.1%

Value ($000) $214 (-21.2%) Shares 3,224 (-21.8%) Est. Cost $55.65 Unrealized +17.9%

BTQ BTQ TECHNOLOGIES CORP COM 0.0%

Value ($000) $54 (-47.0%) Shares 10,570 (-28.3%) Est. Cost $6.15 Unrealized +23.5%

SGOL ABRDN PHYSICAL GOLD SHARES ETF 0.5%

Value ($000) $705 (+6.7%) Shares 17,155 (-4.4%) Est. Cost $30.83 Unrealized —

AQST AQUESTIVE THERAPEUTICS INC COM 0.2%

Value ($000) $272 (+11.8%) Shares 42,160 (-3.3%) Est. Cost $3.65 Unrealized +70.6%

NKE NIKE INC CL B 0.2%

Value ($000) $248 (-9.8%) Shares 3,885 (-1.3%) Est. Cost $73.79 Unrealized -12.0%

KLIC KULICKE & SOFFA INDS INC COM 0.2%

Value ($000) $323 (-7.4%) Shares 7,100 (-17.4%) Est. Cost $53.18 Unrealized -20.9%

NPKI NPK INTERNATIONAL INC COM SHS 0.6%

Value ($000) $802 (+3.3%) Shares 67,250 (-1.9%) Est. Cost $6.97 Unrealized +75.0%

AAPL APPLE INC COM 0.3%

Value ($000) $416 (-5.6%) Shares 1,529 (-11.6%) Est. Cost $84.75 Unrealized +216.6%

SPY SPDR S&P 500 ETF TRUST 0.8%

Value ($000) $1,173 (-1.9%) Shares 1,720 (-4.2%) Est. Cost $198.69 Unrealized —

GBDC GOLUB CAP BDC INC COM 0.2%

Value ($000) $321 (-5.9%) Shares 23,680 (-5.1%) Est. Cost $13.50 Unrealized +0.3%

— MFS INTER INCOME TR SH BEN INT 0.0%

Value ($000) $49 (-28.9%) Shares 18,750 (-27.0%) Est. Cost $4.69 Unrealized —

QQQ INVESCO QQQ TRUST SERIES I 0.8%

Value ($000) $1,149 (-1.6%) Shares 1,870 (-3.9%) Est. Cost $285.53 Unrealized —

FAF FIRST AMERN FINL CORP COM 0.2%

Value ($000) $264 (-6.5%) Shares 4,300 (-2.3%) Est. Cost $17.60 Unrealized +254.1%

SPYM STATE STREET SPDR PORTFOLIO S&P 500 ETF 0.2%

Value ($000) $257 (-6.4%) Shares 3,200 (-8.6%) Est. Cost $72.69 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS COM 0.3%

Value ($000) $482 (+3.4%) Shares 1,627 (-1.5%) Est. Cost $116.79 Unrealized +155.8%

ONDS ONDAS HLDGS INC COM NEW 0.1%

Value ($000) $98 (-8.7%) Shares 10,005 (-27.8%) Est. Cost $1.12 Unrealized +619.1%

JEPI JPMORGAN EQUITY PREMIUM INCOME ETF 0.2%

Value ($000) $242 (-2.1%) Shares 4,225 (-2.3%) Est. Cost $55.09 Unrealized —

EMR EMERSON ELEC CO COM 0.5%

Value ($000) $703 (-0.7%) Shares 5,300 (-1.9%) Est. Cost $48.02 Unrealized +175.7%

SYF SYNCHRONY FINANCIAL COM 0.9%

Value ($000) $1,293 (+0.0%) Shares 15,500 (-14.8%) Est. Cost $27.28 Unrealized +179.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PL	PLANET LABS PBC COM CL A	295,245 (-6.0%)	$5,822 (+42.8%)	4.0%	$3.75	+282.1%	Stock	72703X106
MSFT	MICROSOFT CORP COM	22,750 (-6.4%)	$11,002 (-12.6%)	7.6%	$36.52	+1270.7%	Stock	594918104
AEHR	AEHR TEST SYS COM	114,900 (-1.2%)	$2,320 (-33.7%)	1.6%	$18.15	+33.2%	Stock	00760J108
ACLS	AXCELIS TECHNOLOGIES INC COM NEW	15,895 (-5.9%)	$1,277 (-22.6%)	0.9%	$10.72	+680.8%	Stock	054540208
FNF	FIDELITY NATIONAL FINANCIAL IN COM SHS	20,321 (-14.7%)	$1,109 (-23.0%)	0.8%	$12.64	+333.1%	Stock	31620R303
FBP	FIRST BANCORP P R COM NEW	44,900 (-14.6%)	$931 (-19.7%)	0.6%	$4.59	+348.8%	Stock	318672706
TRGP	TARGA RES CORP COM	7,028 (-21.1%)	$1,297 (-13.1%)	0.9%	$39.67	+323.7%	Stock	87612G101
VZ	VERIZON COMMUNICATIONS INC COM	31,135 (-6.3%)	$1,268 (-13.2%)	0.9%	$31.76	+27.5%	Stock	92343V104
BBSI	BARRETT BUSINESS SVCS INC COM	8,800 (-22.1%)	$319 (-36.4%)	0.2%	$25.77	+48.3%	Stock	068463108
ET	ENERGY TRANSFER L P COM UT LTD PTN	74,489 (-8.7%)	$1,228 (-12.3%)	0.8%	$13.01	—	Stock	29273V100
TTI	TETRA TECHNOLOGIES INC DEL COM	43,975 (-1.4%)	$412 (+60.7%)	0.3%	$4.27	+80.7%	Stock	88162F105
XGN	EXAGEN INC COM	13,430 (-32.5%)	$82 (-62.7%)	0.1%	$12.80	-28.9%	Stock	30068X103
COHU	COHU INC COM	38,300 (-22.6%)	$891 (-11.4%)	0.6%	$34.23	-33.0%	Stock	192576106
BPOP	POPULAR INC COM NEW	11,850 (-5.2%)	$1,476 (-7.1%)	1.0%	$20.86	+464.1%	Stock	733174700
ASUR	ASURE SOFTWARE INC COM	89,235 (-1.6%)	$841 (+13.1%)	0.6%	$8.62	-2.6%	Stock	04649U102
OSS	ONE STOP SYS INC COM	46,740 (-1.4%)	$336 (+32.1%)	0.2%	$5.47	+8.0%	Stock	68247W109
KOPN	KOPIN CORP COM	114,975 (-16.1%)	$269 (-19.2%)	0.2%	$1.47	+96.3%	Stock	500600101
FIS	FIDELITY NATL INFORMATION SVCS COM	3,224 (-21.8%)	$214 (-21.2%)	0.1%	$55.65	+17.9%	Stock	31620M106
BTQ	BTQ TECHNOLOGIES CORP COM	10,570 (-28.3%)	$54 (-47.0%)	0.0%	$6.15	+23.5%	Stock	055869101
SGOL	ABRDN PHYSICAL GOLD SHARES ETF	17,155 (-4.4%)	$705 (+6.7%)	0.5%	$30.83	—	ETF	00326A104
AQST	AQUESTIVE THERAPEUTICS INC COM	42,160 (-3.3%)	$272 (+11.8%)	0.2%	$3.65	+70.6%	Stock	03843E104
NKE	NIKE INC CL B	3,885 (-1.3%)	$248 (-9.8%)	0.2%	$73.79	-12.0%	Stock	654106103
KLIC	KULICKE & SOFFA INDS INC COM	7,100 (-17.4%)	$323 (-7.4%)	0.2%	$53.18	-20.9%	Stock	501242101
NPKI	NPK INTERNATIONAL INC COM SHS	67,250 (-1.9%)	$802 (+3.3%)	0.6%	$6.97	+75.0%	Stock	651718504
AAPL	APPLE INC COM	1,529 (-11.6%)	$416 (-5.6%)	0.3%	$84.75	+216.6%	Stock	037833100
SPY	SPDR S&P 500 ETF TRUST	1,720 (-4.2%)	$1,173 (-1.9%)	0.8%	$198.69	—	ETF	78462F103
GBDC	GOLUB CAP BDC INC COM	23,680 (-5.1%)	$321 (-5.9%)	0.2%	$13.50	+0.3%	CEF	38173M102
—	MFS INTER INCOME TR SH BEN INT	18,750 (-27.0%)	$49 (-28.9%)	0.0%	$4.69	—	CEF	55273C107
QQQ	INVESCO QQQ TRUST SERIES I	1,870 (-3.9%)	$1,149 (-1.6%)	0.8%	$285.53	—	ETF	46090E103
FAF	FIRST AMERN FINL CORP COM	4,300 (-2.3%)	$264 (-6.5%)	0.2%	$17.60	+254.1%	Stock	31847R102
SPYM	STATE STREET SPDR PORTFOLIO S&P 500 ETF	3,200 (-8.6%)	$257 (-6.4%)	0.2%	$72.69	—	ETF	78464A854
IBM	INTERNATIONAL BUSINESS MACHS COM	1,627 (-1.5%)	$482 (+3.4%)	0.3%	$116.79	+155.8%	Stock	459200101
ONDS	ONDAS HLDGS INC COM NEW	10,005 (-27.8%)	$98 (-8.7%)	0.1%	$1.12	+619.1%	Stock	68236H204
JEPI	JPMORGAN EQUITY PREMIUM INCOME ETF	4,225 (-2.3%)	$242 (-2.1%)	0.2%	$55.09	—	ETF	46641Q332
EMR	EMERSON ELEC CO COM	5,300 (-1.9%)	$703 (-0.7%)	0.5%	$48.02	+175.7%	Stock	291011104
SYF	SYNCHRONY FINANCIAL COM	15,500 (-14.8%)	$1,293 (+0.0%)	0.9%	$27.28	+179.8%	Stock	87165B103

Unchanged Positions (42)

GOOGL ALPHABET INC CAP STK CL A 5.0%

Value ($000) $7,252 Shares 23,170 Est. Cost $106.30 Unrealized +168.7%

GOOG ALPHABET INC CAP STK CL C 4.9%

Value ($000) $7,077 Shares 22,554 Est. Cost $107.01 Unrealized +167.6%

PLAB PHOTRONICS INC COM 2.4%

Value ($000) $3,542 Shares 110,680 Est. Cost $12.18 Unrealized +111.7%

AMZN AMAZON COM INC 8.2%

Value ($000) $11,947 Shares 51,760 Est. Cost $123.07 Unrealized +85.9%

TRI THOMSON REUTERS CORP COM 2.3%

Value ($000) $3,297 Shares 24,948 Est. Cost $122.38 Unrealized +15.3%

CURI CURIOSITYSTREAM INC COM CL A 0.9%

Value ($000) $1,320 Shares 347,300 Est. Cost $3.23 Unrealized +36.2%

SA SEABRIDGE GOLD INC COM 2.0%

Value ($000) $2,840 Shares 95,990 Est. Cost $14.35 Unrealized +83.2%

MCO MOODYS CORP COM 4.8%

Value ($000) $6,948 Shares 13,600 Est. Cost $93.12 Unrealized +423.4%

BX BLACKSTONE INC COM 1.6%

Value ($000) $2,281 Shares 14,800 Est. Cost $34.73 Unrealized +336.1%

ADP AUTOMATIC DATA PROCESSING INC COM 1.1%

Value ($000) $1,621 Shares 6,300 Est. Cost $52.15 Unrealized +407.8%

SONY SONY GROUP CORP SPONSORED ADR 1.2%

Value ($000) $1,754 Shares 68,500 Est. Cost $21.65 Unrealized —

VMD VIEMED HEALTHCARE INC COM 1.4%

Value ($000) $2,018 Shares 271,548 Est. Cost $7.58 Unrealized -9.7%

MESO MESOBLAST LTD SPONS ADR 1.1%

Value ($000) $1,580 Shares 87,575 Est. Cost $1.10 Unrealized —

REGN REGENERON PHARMACEUTICALS COM 0.4%

Value ($000) $615 Shares 797 Est. Cost $526.21 Unrealized +29.0%

CSCO CISCO SYS INC COM 1.0%

Value ($000) $1,414 Shares 18,350 Est. Cost $18.64 Unrealized +295.8%

META META PLATFORMS INC CL A 0.8%

Value ($000) $1,122 Shares 1,700 Est. Cost $112.27 Unrealized +494.4%

WMB WILLIAMS COS INC COM 0.8%

Value ($000) $1,150 Shares 19,130 Est. Cost $18.51 Unrealized +224.4%

— NUVEEN N Y MUN VALUE FD COM 1.3%

Value ($000) $1,830 Shares 213,727 Est. Cost $9.55 Unrealized —

NVS NOVARTIS AG SPONSORED ADR 0.5%

Value ($000) $773 Shares 5,610 Est. Cost $83.99 Unrealized —

POWI POWER INTEGRATIONS INC COM 0.2%

Value ($000) $327 Shares 9,200 Est. Cost $40.10 Unrealized -5.9%

RRC RANGE RES CORP COM 0.3%

Value ($000) $502 Shares 14,240 Est. Cost $27.54 Unrealized +35.3%

BLFS BIOLIFE SOLUTIONS INC COM NEW 0.4%

Value ($000) $555 Shares 22,955 Est. Cost $16.39 Unrealized +59.7%

GPN GLOBAL PMTS INC 0.3%

Value ($000) $396 Shares 5,115 Est. Cost $83.75 Unrealized -4.1%

ABBV ABBVIE INC COM 0.8%

Value ($000) $1,195 Shares 5,230 Est. Cost $50.68 Unrealized +348.9%

— REAVES UTIL INCOME FD COM SH BEN INT 0.2%

Value ($000) $220 Shares 6,025 Est. Cost $27.39 Unrealized —

SHEL SHELL PLC SPON ADS 0.5%

Value ($000) $691 Shares 9,400 Est. Cost $54.95 Unrealized —

— PUTNAM MASTER INTER INCOME TR SH BEN INT 0.3%

Value ($000) $491 Shares 147,063 Est. Cost $4.67 Unrealized —

WBS WEBSTER FINL CORP COM 0.2%

Value ($000) $263 Shares 4,180 Est. Cost $46.73 Unrealized +27.1%

BRK/B BERKSHIRE HATHAWAY INC DEL CL B NEW 1.2%

Value ($000) $1,684 Shares 3,350 Est. Cost $149.56 Unrealized +232.7%

EPD ENTERPRISE PRODS PARTNERS L P COM 0.3%

Value ($000) $366 Shares 11,427 Est. Cost $29.32 Unrealized —

MRVL MARVELL TECHNOLOGY INC COM 0.6%

Value ($000) $827 Shares 9,730 Est. Cost $73.50 Unrealized +19.0%

CYRX CRYOPORT INC COM PAR $0.001 0.3%

Value ($000) $507 Shares 52,835 Est. Cost $9.48 Unrealized -0.3%

JPM JPMORGAN CHASE & CO. COM 0.1%

Value ($000) $213 Shares 660 Est. Cost $295.93 Unrealized +4.6%

CVX CHEVRON CORP NEW COM 0.1%

Value ($000) $210 Shares 1,377 Est. Cost $99.28 Unrealized +52.5%

RSP INVESCO S&P 500 EQUAL WEIGHT ETF 0.2%

Value ($000) $320 Shares 1,670 Est. Cost $107.15 Unrealized —

AFL AFLAC INC COM 0.1%

Value ($000) $215 Shares 1,950 Est. Cost $36.33 Unrealized +202.3%

CVE CENOVUS ENERGY INC COM 0.3%

Value ($000) $506 Shares 29,880 Est. Cost $13.88 Unrealized +25.1%

— NUVEEN MUN VALUE FD INC COM 0.1%

Value ($000) $181 Shares 20,000 Est. Cost $10.53 Unrealized —

HTGC HERCULES CAPITAL INC COM 0.2%

Value ($000) $278 Shares 14,767 Est. Cost $14.66 Unrealized +23.1%

OKE ONEOK INC NEW COM 0.6%

Value ($000) $831 Shares 11,310 Est. Cost $24.94 Unrealized +182.5%

NVDA NVIDIA CORPORATION COM 0.7%

Value ($000) $974 Shares 5,223 Est. Cost $126.71 Unrealized +46.9%

— INVESCO MUNICIPAL TRUST COM 0.1%

Value ($000) $193 Shares 20,000 Est. Cost $11.97 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC CAP STK CL A	23,170	$7,252	5.0%	$106.30	+168.7%	Stock	02079K305
GOOG	ALPHABET INC CAP STK CL C	22,554	$7,077	4.9%	$107.01	+167.6%	Stock	02079K107
PLAB	PHOTRONICS INC COM	110,680	$3,542	2.4%	$12.18	+111.7%	Stock	719405102
AMZN	AMAZON COM INC	51,760	$11,947	8.2%	$123.07	+85.9%	Stock	023135106
TRI	THOMSON REUTERS CORP COM	24,948	$3,297	2.3%	$122.38	+15.3%	Stock	884903808
CURI	CURIOSITYSTREAM INC COM CL A	347,300	$1,320	0.9%	$3.23	+36.2%	Stock	23130Q107
SA	SEABRIDGE GOLD INC COM	95,990	$2,840	2.0%	$14.35	+83.2%	Stock	811916105
MCO	MOODYS CORP COM	13,600	$6,948	4.8%	$93.12	+423.4%	Stock	615369105
BX	BLACKSTONE INC COM	14,800	$2,281	1.6%	$34.73	+336.1%	Stock	09260D107
ADP	AUTOMATIC DATA PROCESSING INC COM	6,300	$1,621	1.1%	$52.15	+407.8%	Stock	053015103
SONY	SONY GROUP CORP SPONSORED ADR	68,500	$1,754	1.2%	$21.65	—	ADR	835699307
VMD	VIEMED HEALTHCARE INC COM	271,548	$2,018	1.4%	$7.58	-9.7%	Stock	92663R105
MESO	MESOBLAST LTD SPONS ADR	87,575	$1,580	1.1%	$1.10	—	ADR	590717401
REGN	REGENERON PHARMACEUTICALS COM	797	$615	0.4%	$526.21	+29.0%	Stock	75886F107
CSCO	CISCO SYS INC COM	18,350	$1,414	1.0%	$18.64	+295.8%	Stock	17275R102
META	META PLATFORMS INC CL A	1,700	$1,122	0.8%	$112.27	+494.4%	Stock	30303M102
WMB	WILLIAMS COS INC COM	19,130	$1,150	0.8%	$18.51	+224.4%	Stock	969457100
—	NUVEEN N Y MUN VALUE FD COM	213,727	$1,830	1.3%	$9.55	—	CEF	67062M105
NVS	NOVARTIS AG SPONSORED ADR	5,610	$773	0.5%	$83.99	—	ADR	66987V109
POWI	POWER INTEGRATIONS INC COM	9,200	$327	0.2%	$40.10	-5.9%	Stock	739276103
RRC	RANGE RES CORP COM	14,240	$502	0.3%	$27.54	+35.3%	Stock	75281A109
BLFS	BIOLIFE SOLUTIONS INC COM NEW	22,955	$555	0.4%	$16.39	+59.7%	Stock	09062W204
GPN	GLOBAL PMTS INC	5,115	$396	0.3%	$83.75	-4.1%	Stock	37940X102
ABBV	ABBVIE INC COM	5,230	$1,195	0.8%	$50.68	+348.9%	Stock	00287Y109
—	REAVES UTIL INCOME FD COM SH BEN INT	6,025	$220	0.2%	$27.39	—	CEF	756158101
SHEL	SHELL PLC SPON ADS	9,400	$691	0.5%	$54.95	—	ADR	780259305
—	PUTNAM MASTER INTER INCOME TR SH BEN INT	147,063	$491	0.3%	$4.67	—	CEF	746909100
WBS	WEBSTER FINL CORP COM	4,180	$263	0.2%	$46.73	+27.1%	Stock	947890109
BRK/B	BERKSHIRE HATHAWAY INC DEL CL B NEW	3,350	$1,684	1.2%	$149.56	+232.7%	Stock	084670702
EPD	ENTERPRISE PRODS PARTNERS L P COM	11,427	$366	0.3%	$29.32	—	Stock	293792107
MRVL	MARVELL TECHNOLOGY INC COM	9,730	$827	0.6%	$73.50	+19.0%	Stock	573874104
CYRX	CRYOPORT INC COM PAR $0.001	52,835	$507	0.3%	$9.48	-0.3%	Stock	229050307
JPM	JPMORGAN CHASE & CO. COM	660	$213	0.1%	$295.93	+4.6%	Stock	46625H100
CVX	CHEVRON CORP NEW COM	1,377	$210	0.1%	$99.28	+52.5%	Stock	166764100
RSP	INVESCO S&P 500 EQUAL WEIGHT ETF	1,670	$320	0.2%	$107.15	—	ETF	46137V357
AFL	AFLAC INC COM	1,950	$215	0.1%	$36.33	+202.3%	Stock	001055102
CVE	CENOVUS ENERGY INC COM	29,880	$506	0.3%	$13.88	+25.1%	Stock	15135U109
—	NUVEEN MUN VALUE FD INC COM	20,000	$181	0.1%	$10.53	—	CEF	670928100
HTGC	HERCULES CAPITAL INC COM	14,767	$278	0.2%	$14.66	+23.1%	CEF	427096508
OKE	ONEOK INC NEW COM	11,310	$831	0.6%	$24.94	+182.5%	Stock	682680103
NVDA	NVIDIA CORPORATION COM	5,223	$974	0.7%	$126.71	+46.9%	Stock	67066G104
—	INVESCO MUNICIPAL TRUST COM	20,000	$193	0.1%	$11.97	—	CEF	46131J103