Archon Partners LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BKNG	BOOKING HOLDINGS INC	2,000	$10,711	1.1%	$5137.84	0.0%	COM	09857L108
DHR	DANAHER CORPORATION	40,000	$9,157	1.0%	$219.54	0.0%	COM	235851102
APO	APOLLO GLOBAL MGMT INC	63,000	$9,120	1.0%	$132.57	0.0%	COM	03769M106
ABNB	AIRBNB INC	66,000	$8,958	0.9%	$124.53	0.0%	COM CL A	009066101
GEV	GE VERNOVA INC	11,000	$7,189	0.8%	$609.04	0.0%	COM	36828A101
WMS	ADVANCED DRAIN SYS INC DEL	40,000	$5,793	0.6%	$144.68	0.0%	COM	00790R104
ILMN	ILLUMINA INC	39,000	$5,115	0.5%	$117.40	0.0%	COM	452327109

Increased Positions (3)

NFLX NETFLIX INC 2.1%

Value ($000) $19,736 (-21.8%) Shares 210,500 (+900.0%) Est. Cost $100.45 Unrealized +7.3%

NOW SERVICENOW INC 1.1%

Value ($000) $10,723 (-16.8%) Shares 70,000 (+400.0%) Est. Cost $145.75 Unrealized +17.7%

BA BOEING CO 1.4%

Value ($000) $13,027 (+18.4%) Shares 60,000 (+17.6%) Est. Cost $193.84 Unrealized +6.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NFLX	NETFLIX INC	210,500 (+900.0%)	$19,736 (-21.8%)	2.1%	$100.45	+7.3%	COM	64110L106
NOW	SERVICENOW INC	70,000 (+400.0%)	$10,723 (-16.8%)	1.1%	$145.75	+17.7%	COM	81762P102
BA	BOEING CO	60,000 (+17.6%)	$13,027 (+18.4%)	1.4%	$193.84	+6.1%	COM	097023105

Exited Positions (4)

BN BROOKFIELD CORP 1.1%

Value ($000) $10,973 Shares 160,000 Est. Cost $44.20 Unrealized +3.0%

UNH UNITEDHEALTH GROUP INC 0.7%

Value ($000) $6,906 Shares 20,000 Est. Cost $298.94 Unrealized +12.8%

NCLH NORWEGIAN CRUISE LINE HLDG L 0.6%

Value ($000) $6,034 Shares 245,000 Est. Cost $24.29 Unrealized -13.1%

CSGP COSTAR GROUP INC 0.5%

Value ($000) $4,556 Shares 54,000 Est. Cost $88.37 Unrealized -19.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BN	BROOKFIELD CORP	160,000	$10,973	1.1%	$44.20	+3.0%	—	11271J107
UNH	UNITEDHEALTH GROUP INC	20,000	$6,906	0.7%	$298.94	+12.8%	—	91324P102
NCLH	NORWEGIAN CRUISE LINE HLDG L	245,000	$6,034	0.6%	$24.29	-13.1%	—	G66721104
CSGP	COSTAR GROUP INC	54,000	$4,556	0.5%	$88.37	-19.8%	—	22160N109

Decreased Positions (4)

GOOGL ALPHABET INC 10.1%

Value ($000) $97,030 (+26.2%) Shares 310,000 (-2.0%) Est. Cost $107.32 Unrealized +166.1%

FISV FISERV INC 0.9%

Value ($000) $8,732 (-67.1%) Shares 130,000 (-36.9%) Est. Cost $47.28 Unrealized +77.4%

PLTR PALANTIR TECHNOLOGIES INC 2.1%

Value ($000) $20,441 (-13.8%) Shares 115,000 (-11.5%) Est. Cost $22.03 Unrealized +721.6%

NET CLOUDFLARE INC 1.0%

Value ($000) $9,858 (-16.5%) Shares 50,000 (-9.1%) Est. Cost $98.96 Unrealized +113.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	310,000 (-2.0%)	$97,030 (+26.2%)	10.1%	$107.32	+166.1%	CAP STK CL A	02079K305
FISV	FISERV INC	130,000 (-36.9%)	$8,732 (-67.1%)	0.9%	$47.28	+77.4%	COM	337738108
PLTR	PALANTIR TECHNOLOGIES INC	115,000 (-11.5%)	$20,441 (-13.8%)	2.1%	$22.03	+721.6%	CL A	69608A108
NET	CLOUDFLARE INC	50,000 (-9.1%)	$9,858 (-16.5%)	1.0%	$98.96	+113.7%	CL A COM	18915M107

Unchanged Positions (28)

AAPL APPLE INC 7.2%

Value ($000) $68,509 Shares 252,000 Est. Cost $84.00 Unrealized +219.5%

META META PLATFORMS INC 3.3%

Value ($000) $31,684 Shares 48,000 Est. Cost $80.68 Unrealized +727.1%

MSFT MICROSOFT CORP 5.2%

Value ($000) $49,329 Shares 102,000 Est. Cost $87.16 Unrealized +474.3%

BX BLACKSTONE INC 3.1%

Value ($000) $29,287 Shares 190,000 Est. Cost $39.22 Unrealized +286.1%

UBER UBER TECHNOLOGIES INC 1.5%

Value ($000) $14,675 Shares 179,600 Est. Cost $70.40 Unrealized +27.9%

AMZN AMAZON COM INC 6.0%

Value ($000) $57,627 Shares 249,660 Est. Cost $120.61 Unrealized +89.7%

LLY ELI LILLY & CO 1.0%

Value ($000) $9,672 Shares 9,000 Est. Cost $742.24 Unrealized +28.7%

NVR NVR INC 2.9%

Value ($000) $27,465 Shares 3,766 Est. Cost $2139.08 Unrealized +249.5%

LYV LIVE NATION ENTERTAINMENT IN 1.3%

Value ($000) $12,255 Shares 86,000 Est. Cost $45.70 Unrealized +214.5%

RTX RTX CORPORATION 1.9%

Value ($000) $18,523 Shares 101,000 Est. Cost $86.83 Unrealized +99.6%

H HYATT HOTELS CORP 1.4%

Value ($000) $13,146 Shares 82,000 Est. Cost $92.20 Unrealized +66.1%

HLT HILTON WORLDWIDE HLDGS INC 1.5%

Value ($000) $14,592 Shares 50,800 Est. Cost $147.59 Unrealized +84.4%

LOW LOWES COS INC 3.0%

Value ($000) $28,939 Shares 120,000 Est. Cost $32.96 Unrealized +627.7%

SPY SPDR S&P 500 ETF TR 5.0%

Value ($000) $47,734 Shares 70,000 Est. Cost $448.36 Unrealized —

PANW PALO ALTO NETWORKS INC 1.0%

Value ($000) $9,947 Shares 54,000 Est. Cost $181.36 Unrealized +11.2%

V VISA INC 3.6%

Value ($000) $34,720 Shares 99,000 Est. Cost $65.88 Unrealized +416.7%

ELV ELEVANCE HEALTH INC FORMERLY 0.7%

Value ($000) $7,011 Shares 20,000 Est. Cost $117.77 Unrealized +185.9%

LMT LOCKHEED MARTIN CORP 1.8%

Value ($000) $16,928 Shares 35,000 Est. Cost $75.47 Unrealized +530.9%

JPM JPMORGAN CHASE & CO. 2.7%

Value ($000) $25,778 Shares 80,000 Est. Cost $142.37 Unrealized +117.4%

UNP UNION PAC CORP 1.8%

Value ($000) $17,349 Shares 75,000 Est. Cost $78.61 Unrealized +189.2%

FNF FIDELITY NATIONAL FINANCIAL 0.3%

Value ($000) $2,457 Shares 45,000 Est. Cost $16.70 Unrealized +227.8%

EQIX EQUINIX INC 1.0%

Value ($000) $9,194 Shares 12,000 Est. Cost $774.22 Unrealized +0.9%

TDG TRANSDIGM GROUP INC 2.4%

Value ($000) $23,006 Shares 17,300 Est. Cost $442.41 Unrealized +196.3%

MA MASTERCARD INCORPORATED 4.0%

Value ($000) $37,964 Shares 66,500 Est. Cost $70.33 Unrealized +694.7%

QXO QXO INC 1.0%

Value ($000) $10,031 Shares 520,000 Est. Cost $19.78 Unrealized -3.1%

STZ CONSTELLATION BRANDS INC 0.1%

Value ($000) $1,080 Shares 7,825 Est. Cost $43.22 Unrealized +216.7%

BRK/B BERKSHIRE HATHAWAY INC DEL 9.3%

Value ($000) $88,869 Shares 176,800 Est. Cost $159.85 Unrealized +211.2%

NVDA NVIDIA CORPORATION 1.4%

Value ($000) $13,428 Shares 72,000 Est. Cost $126.62 Unrealized +47.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	252,000	$68,509	7.2%	$84.00	+219.5%	COM	037833100
META	META PLATFORMS INC	48,000	$31,684	3.3%	$80.68	+727.1%	CL A	30303M102
MSFT	MICROSOFT CORP	102,000	$49,329	5.2%	$87.16	+474.3%	COM	594918104
BX	BLACKSTONE INC	190,000	$29,287	3.1%	$39.22	+286.1%	COM	09260D107
UBER	UBER TECHNOLOGIES INC	179,600	$14,675	1.5%	$70.40	+27.9%	COM	90353T100
AMZN	AMAZON COM INC	249,660	$57,627	6.0%	$120.61	+89.7%	COM	023135106
LLY	ELI LILLY & CO	9,000	$9,672	1.0%	$742.24	+28.7%	COM	532457108
NVR	NVR INC	3,766	$27,465	2.9%	$2139.08	+249.5%	COM	62944T105
LYV	LIVE NATION ENTERTAINMENT IN	86,000	$12,255	1.3%	$45.70	+214.5%	COM	538034109
RTX	RTX CORPORATION	101,000	$18,523	1.9%	$86.83	+99.6%	COM	75513E101
H	HYATT HOTELS CORP	82,000	$13,146	1.4%	$92.20	+66.1%	COM CL A	448579102
HLT	HILTON WORLDWIDE HLDGS INC	50,800	$14,592	1.5%	$147.59	+84.4%	COM	43300A203
LOW	LOWES COS INC	120,000	$28,939	3.0%	$32.96	+627.7%	COM	548661107
SPY	SPDR S&P 500 ETF TR	70,000	$47,734	5.0%	$448.36	—	TR UNIT	78462F103
PANW	PALO ALTO NETWORKS INC	54,000	$9,947	1.0%	$181.36	+11.2%	COM	697435105
V	VISA INC	99,000	$34,720	3.6%	$65.88	+416.7%	COM CL A	92826C839
ELV	ELEVANCE HEALTH INC FORMERLY	20,000	$7,011	0.7%	$117.77	+185.9%	COM	036752103
LMT	LOCKHEED MARTIN CORP	35,000	$16,928	1.8%	$75.47	+530.9%	COM	539830109
JPM	JPMORGAN CHASE & CO.	80,000	$25,778	2.7%	$142.37	+117.4%	COM	46625H100
UNP	UNION PAC CORP	75,000	$17,349	1.8%	$78.61	+189.2%	COM	907818108
FNF	FIDELITY NATIONAL FINANCIAL	45,000	$2,457	0.3%	$16.70	+227.8%	COM SHS	31620R303
EQIX	EQUINIX INC	12,000	$9,194	1.0%	$774.22	+0.9%	COM	29444U700
TDG	TRANSDIGM GROUP INC	17,300	$23,006	2.4%	$442.41	+196.3%	COM	893641100
MA	MASTERCARD INCORPORATED	66,500	$37,964	4.0%	$70.33	+694.7%	CL A	57636Q104
QXO	QXO INC	520,000	$10,031	1.0%	$19.78	-3.1%	COM NEW	82846H405
STZ	CONSTELLATION BRANDS INC	7,825	$1,080	0.1%	$43.22	+216.7%	CL A	21036P108
BRK/B	BERKSHIRE HATHAWAY INC DEL	176,800	$88,869	9.3%	$159.85	+211.2%	CL B NEW	084670702
NVDA	NVIDIA CORPORATION	72,000	$13,428	1.4%	$126.62	+47.0%	COM	67066G104