ArchPoint Investors Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CFLT	CONFLUENT INC	433,333	$13,104	3.1%	$24.55	0.0%	CLASS A COM	20717M103
POOL	POOL CORP	11,875	$2,716	0.6%	$259.46	0.0%	COM	73278L105
JHX	JAMES HARDIE INDS PLC	102,000	$2,117	0.5%	$20.06	0.0%	ORD SHS	G4253H101
URNM	SPROTT FDS TR	13,000	$714	0.2%	$54.89	—	URANIUM MINERS E	85208P303
CLYM	CLIMB BIO INC	121,400	$486	0.1%	$2.40	0.0%	COM	28658R106
XLV	SELECT SECTOR SPDR TR	2,750	$426	0.1%	$154.80	—	STATE STREET HEA	81369Y209
ETHA	ISHARES ETHEREUM TR	17,692	$397	0.1%	$22.43	—	SHS	46438R105
VEU	VANGUARD INTL EQUITY INDEX F	4,000	$294	0.1%	$73.56	—	ALLWRLD EX US	922042775
IBIT	ISHARES BITCOIN TRUST ETF	5,589	$277	0.1%	$49.65	—	SHS BEN INT	46438F101
HNGE	HINGE HEALTH INC	4,416	$205	0.0%	$48.16	0.0%	CL A	433313103

Increased Positions (12)

PHYS SPROTT ASSET MANAGEMENT LP 1.9%

Value ($000) $8,196 (+59.8%) Shares 248,200 (+43.3%) Est. Cost $27.71 Unrealized —

MSFT MICROSOFT CORP 0.9%

Value ($000) $3,606 (+114.5%) Shares 7,457 (+129.7%) Est. Cost $415.23 Unrealized +20.6%

CW CURTISS WRIGHT CORP 5.5%

Value ($000) $23,181 (+7.8%) Shares 42,050 (+6.3%) Est. Cost $77.18 Unrealized +622.5%

DMLP DORCHESTER MINERALS LP 3.0%

Value ($000) $12,505 (-10.1%) Shares 559,260 (+4.1%) Est. Cost $14.57 Unrealized —

LNG CHENIERE ENERGY INC 1.5%

Value ($000) $6,211 (+15.2%) Shares 31,950 (+39.2%) Est. Cost $156.99 Unrealized +33.8%

GLD SPDR GOLD TR 0.7%

Value ($000) $2,918 (+13.0%) Shares 7,362 (+1.4%) Est. Cost $237.32 Unrealized —

MPLX MPLX LP 0.8%

Value ($000) $3,361 (+8.1%) Shares 62,977 (+1.2%) Est. Cost $23.59 Unrealized —

XLE SELECT SECTOR SPDR TR 0.1%

Value ($000) $439 (+40.0%) Shares 9,821 (+179.8%) Est. Cost $60.67 Unrealized —

META META PLATFORMS INC 0.4%

Value ($000) $1,568 (-7.2%) Shares 2,375 (+3.3%) Est. Cost $206.60 Unrealized +223.0%

NVDA NVIDIA CORPORATION 0.4%

Value ($000) $1,509 (+7.2%) Shares 8,090 (+7.3%) Est. Cost $105.98 Unrealized +75.6%

ET ENERGY TRANSFER L P 0.7%

Value ($000) $2,987 (-2.9%) Shares 181,126 (+1.1%) Est. Cost $10.08 Unrealized —

XLB SELECT SECTOR SPDR TR 0.1%

Value ($000) $434 (+1.2%) Shares 9,580 (+100.0%) Est. Cost $69.12 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PHYS	SPROTT ASSET MANAGEMENT LP	248,200 (+43.3%)	$8,196 (+59.8%)	1.9%	$27.71	—	PHYSICAL GOLD TR	85207H104
MSFT	MICROSOFT CORP	7,457 (+129.7%)	$3,606 (+114.5%)	0.9%	$415.23	+20.6%	COM	594918104
CW	CURTISS WRIGHT CORP	42,050 (+6.3%)	$23,181 (+7.8%)	5.5%	$77.18	+622.5%	COM	231561101
DMLP	DORCHESTER MINERALS LP	559,260 (+4.1%)	$12,505 (-10.1%)	3.0%	$14.57	—	COM UNIT	25820R105
LNG	CHENIERE ENERGY INC	31,950 (+39.2%)	$6,211 (+15.2%)	1.5%	$156.99	+33.8%	COM NEW	16411R208
GLD	SPDR GOLD TR	7,362 (+1.4%)	$2,918 (+13.0%)	0.7%	$237.32	—	GOLD SHS	78463V107
MPLX	MPLX LP	62,977 (+1.2%)	$3,361 (+8.1%)	0.8%	$23.59	—	COM UNIT REP LTD	55336V100
XLE	SELECT SECTOR SPDR TR	9,821 (+179.8%)	$439 (+40.0%)	0.1%	$60.67	—	STATE STREET ENE	81369Y506
META	META PLATFORMS INC	2,375 (+3.3%)	$1,568 (-7.2%)	0.4%	$206.60	+223.0%	CL A	30303M102
NVDA	NVIDIA CORPORATION	8,090 (+7.3%)	$1,509 (+7.2%)	0.4%	$105.98	+75.6%	COM	67066G104
ET	ENERGY TRANSFER L P	181,126 (+1.1%)	$2,987 (-2.9%)	0.7%	$10.08	—	COM UT LTD PTN	29273V100
XLB	SELECT SECTOR SPDR TR	9,580 (+100.0%)	$434 (+1.2%)	0.1%	$69.12	—	STATE STREET MAT	81369Y100

Exited Positions (2)

MOS MOSAIC CO NEW 0.1%

Value ($000) $232 Shares 6,690 Est. Cost $31.40 Unrealized -14.8%

RCKT ROCKET PHARMACEUTICALS INC 0.0%

Value ($000) $33 Shares 10,000 Est. Cost $3.15 Unrealized +8.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MOS	MOSAIC CO NEW	6,690	$232	0.1%	$31.40	-14.8%	—	61945C103
RCKT	ROCKET PHARMACEUTICALS INC	10,000	$33	0.0%	$3.15	+8.7%	—	77313F106

Decreased Positions (5)

GOOGL ALPHABET INC 25.0%

Value ($000) $105,514 (+27.0%) Shares 337,105 (-1.3%) Est. Cost $159.96 Unrealized +78.5%

LZB LA Z BOY INC 3.1%

Value ($000) $13,156 (-5.6%) Shares 352,996 (-13.1%) Est. Cost $20.99 Unrealized +66.9%

SPY SPDR S&P 500 ETF TR 1.9%

Value ($000) $7,862 (+0.4%) Shares 11,496 (-1.9%) Est. Cost $566.31 Unrealized —

BORR BORR DRILLING LTD 0.0%

Value ($000) $50 (-6.4%) Shares 12,500 (-37.5%) Est. Cost $2.49 Unrealized +33.2%

QQQ INVESCO QQQ TR 0.3%

Value ($000) $1,301 (+0.0%) Shares 2,118 (-2.1%) Est. Cost $321.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	337,105 (-1.3%)	$105,514 (+27.0%)	25.0%	$159.96	+78.5%	CAP STK CL A	02079K305
LZB	LA Z BOY INC	352,996 (-13.1%)	$13,156 (-5.6%)	3.1%	$20.99	+66.9%	COM	505336107
SPY	SPDR S&P 500 ETF TR	11,496 (-1.9%)	$7,862 (+0.4%)	1.9%	$566.31	—	TR UNIT	78462F103
BORR	BORR DRILLING LTD	12,500 (-37.5%)	$50 (-6.4%)	0.0%	$2.49	+33.2%	SHS	G1466R173
QQQ	INVESCO QQQ TR	2,118 (-2.1%)	$1,301 (+0.0%)	0.3%	$321.95	—	UNIT SER 1	46090E103

Unchanged Positions (53)

PSLV SPROTT ASSET MANAGEMENT LP 1.4%

Value ($000) $5,815 Shares 245,864 Est. Cost $6.96 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 1.9%

Value ($000) $8,173 Shares 14,095 Est. Cost $140.39 Unrealized +302.6%

CSCO CISCO SYS INC 2.4%

Value ($000) $10,097 Shares 131,075 Est. Cost $43.99 Unrealized +67.7%

AMZN AMAZON COM INC 5.3%

Value ($000) $22,196 Shares 96,160 Est. Cost $162.73 Unrealized +40.6%

RGNX REGENXBIO INC 0.8%

Value ($000) $3,201 Shares 222,278 Est. Cost $30.49 Unrealized -59.1%

KWEB KRANESHARES TRUST 0.8%

Value ($000) $3,486 Shares 102,375 Est. Cost $34.33 Unrealized —

XBI SPDR SERIES TRUST 0.9%

Value ($000) $3,643 Shares 29,875 Est. Cost $94.49 Unrealized —

GPC GENUINE PARTS CO 1.1%

Value ($000) $4,679 Shares 37,740 Est. Cost $63.12 Unrealized +103.9%

BABA ALIBABA GROUP HLDG LTD 0.6%

Value ($000) $2,616 Shares 17,850 Est. Cost $123.26 Unrealized —

JNJ JOHNSON & JOHNSON 1.2%

Value ($000) $5,208 Shares 25,165 Est. Cost $150.84 Unrealized +30.6%

CMI CUMMINS INC 0.6%

Value ($000) $2,552 Shares 5,000 Est. Cost $181.47 Unrealized +157.0%

QLTY GMO ETF TRUST 1.8%

Value ($000) $7,654 Shares 199,000 Est. Cost $31.62 Unrealized —

VOOG VANGUARD ADMIRAL FDS INC 4.8%

Value ($000) $20,191 Shares 45,415 Est. Cost $304.71 Unrealized —

IBB ISHARES TR 0.7%

Value ($000) $2,827 Shares 16,750 Est. Cost $136.80 Unrealized —

FCX FREEPORT-MCMORAN INC 0.4%

Value ($000) $1,788 Shares 35,212 Est. Cost $27.89 Unrealized +55.3%

VTI VANGUARD INDEX FDS 5.2%

Value ($000) $22,034 Shares 65,721 Est. Cost $259.90 Unrealized —

VOO VANGUARD INDEX FDS 3.4%

Value ($000) $14,428 Shares 23,007 Est. Cost $482.64 Unrealized —

IEFA ISHARES TR 2.5%

Value ($000) $10,534 Shares 117,752 Est. Cost $74.25 Unrealized —

MO ALTRIA GROUP INC 0.4%

Value ($000) $1,768 Shares 30,117 Est. Cost $34.56 Unrealized +71.7%

ABCL ABCELLERA BIOLOGICS INC 0.1%

Value ($000) $393 Shares 115,055 Est. Cost $15.21 Unrealized -70.6%

CPNG COUPANG INC 0.1%

Value ($000) $472 Shares 20,000 Est. Cost $26.44 Unrealized +7.6%

EPD ENTERPRISE PRODS PARTNERS L 1.3%

Value ($000) $5,368 Shares 167,438 Est. Cost $24.01 Unrealized —

XOP SPDR SERIES TRUST 0.7%

Value ($000) $3,148 Shares 24,933 Est. Cost $125.43 Unrealized —

SPUS TIDAL TRUST I 0.8%

Value ($000) $3,558 Shares 69,666 Est. Cost $40.13 Unrealized —

VTV VANGUARD INDEX FDS 1.3%

Value ($000) $5,628 Shares 29,467 Est. Cost $162.86 Unrealized —

VNQ VANGUARD INDEX FDS 0.7%

Value ($000) $3,021 Shares 34,136 Est. Cost $86.48 Unrealized —

CVX CHEVRON CORP NEW 0.7%

Value ($000) $2,989 Shares 19,610 Est. Cost $73.61 Unrealized +105.7%

VUG VANGUARD INDEX FDS 0.8%

Value ($000) $3,522 Shares 7,220 Est. Cost $344.20 Unrealized —

VTIP VANGUARD MALVERN FDS 0.4%

Value ($000) $1,712 Shares 34,614 Est. Cost $52.58 Unrealized —

— DOUBLELINE OPPORTUNISTIC CR 0.4%

Value ($000) $1,540 Shares 100,964 Est. Cost $19.20 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value ($000) $523 Shares 4,350 Est. Cost $52.06 Unrealized +121.9%

S SENTINELONE INC 0.0%

Value ($000) $185 Shares 12,322 Est. Cost $21.70 Unrealized -24.5%

EMLP FIRST TR EXCHANGE-TRADED FD 0.6%

Value ($000) $2,692 Shares 71,081 Est. Cost $21.17 Unrealized —

— TORTOISE ENERGY INFRA CORP 0.1%

Value ($000) $545 Shares 13,329 Est. Cost $43.05 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $431 Shares 1,586 Est. Cost $185.12 Unrealized +45.0%

BIDU BAIDU INC 0.7%

Value ($000) $2,875 Shares 22,000 Est. Cost $131.77 Unrealized —

GNR SPDR INDEX SHS FDS 0.1%

Value ($000) $429 Shares 6,900 Est. Cost $57.93 Unrealized —

OKE ONEOK INC NEW 0.6%

Value ($000) $2,669 Shares 36,315 Est. Cost $57.97 Unrealized +21.5%

SFIX STITCH FIX INC 0.0%

Value ($000) $100 Shares 19,000 Est. Cost $3.53 Unrealized +29.3%

— DOUBLELINE INCOME SOLUTIONS 0.0%

Value ($000) $169 Shares 15,000 Est. Cost $17.94 Unrealized —

WMB WILLIAMS COS INC 0.1%

Value ($000) $252 Shares 4,200 Est. Cost $51.72 Unrealized +16.1%

DHS WISDOMTREE TR 0.3%

Value ($000) $1,059 Shares 10,400 Est. Cost $91.51 Unrealized —

V VISA INC 0.1%

Value ($000) $351 Shares 1,000 Est. Cost $196.98 Unrealized +72.8%

GLIN VANECK ETF TRUST 0.1%

Value ($000) $287 Shares 6,225 Est. Cost $47.13 Unrealized —

IWY ISHARES TR 0.2%

Value ($000) $679 Shares 2,450 Est. Cost $195.10 Unrealized —

IRDM IRIDIUM COMMUNICATIONS INC 0.8%

Value ($000) $3,425 Shares 197,066 Est. Cost $25.33 Unrealized -30.2%

IWM ISHARES TR 0.1%

Value ($000) $342 Shares 1,390 Est. Cost $241.96 Unrealized —

BXSL BLACKSTONE SECD LENDING FD 0.1%

Value ($000) $569 Shares 21,000 Est. Cost $16.61 Unrealized +57.1%

SPRE TIDAL TRUST I 0.3%

Value ($000) $1,062 Shares 54,220 Est. Cost $19.71 Unrealized —

AMLP ALPS ETF TR 0.5%

Value ($000) $2,178 Shares 46,325 Est. Cost $22.45 Unrealized —

MSOS ADVISORSHARES TR 0.1%

Value ($000) $241 Shares 51,050 Est. Cost $17.20 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 0.1%

Value ($000) $229 Shares 1,043 Est. Cost $195.83 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $614 Shares 7,700 Est. Cost $77.31 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PSLV	SPROTT ASSET MANAGEMENT LP	245,864	$5,815	1.4%	$6.96	—	PHYSICAL SILVER	85207K107
TMO	THERMO FISHER SCIENTIFIC INC	14,095	$8,173	1.9%	$140.39	+302.6%	COM	883556102
CSCO	CISCO SYS INC	131,075	$10,097	2.4%	$43.99	+67.7%	COM	17275R102
AMZN	AMAZON COM INC	96,160	$22,196	5.3%	$162.73	+40.6%	COM	023135106
RGNX	REGENXBIO INC	222,278	$3,201	0.8%	$30.49	-59.1%	COM	75901B107
KWEB	KRANESHARES TRUST	102,375	$3,486	0.8%	$34.33	—	CSI CHI INTERNET	500767306
XBI	SPDR SERIES TRUST	29,875	$3,643	0.9%	$94.49	—	STATE STREET SPD	78464A870
GPC	GENUINE PARTS CO	37,740	$4,679	1.1%	$63.12	+103.9%	COM	372460105
BABA	ALIBABA GROUP HLDG LTD	17,850	$2,616	0.6%	$123.26	—	SPONSORED ADS	01609W102
JNJ	JOHNSON & JOHNSON	25,165	$5,208	1.2%	$150.84	+30.6%	COM	478160104
CMI	CUMMINS INC	5,000	$2,552	0.6%	$181.47	+157.0%	COM	231021106
QLTY	GMO ETF TRUST	199,000	$7,654	1.8%	$31.62	—	GMO US QUALITY E	90139K100
VOOG	VANGUARD ADMIRAL FDS INC	45,415	$20,191	4.8%	$304.71	—	500 GRTH IDX F	921932505
IBB	ISHARES TR	16,750	$2,827	0.7%	$136.80	—	ISHARES BIOTECH	464287556
FCX	FREEPORT-MCMORAN INC	35,212	$1,788	0.4%	$27.89	+55.3%	CL B	35671D857
VTI	VANGUARD INDEX FDS	65,721	$22,034	5.2%	$259.90	—	TOTAL STK MKT	922908769
VOO	VANGUARD INDEX FDS	23,007	$14,428	3.4%	$482.64	—	S&P 500 ETF SHS	922908363
IEFA	ISHARES TR	117,752	$10,534	2.5%	$74.25	—	CORE MSCI EAFE	46432F842
MO	ALTRIA GROUP INC	30,117	$1,768	0.4%	$34.56	+71.7%	COM	02209S103
ABCL	ABCELLERA BIOLOGICS INC	115,055	$393	0.1%	$15.21	-70.6%	COM	00288U106
CPNG	COUPANG INC	20,000	$472	0.1%	$26.44	+7.6%	CL A	22266T109
EPD	ENTERPRISE PRODS PARTNERS L	167,438	$5,368	1.3%	$24.01	—	COM	293792107
XOP	SPDR SERIES TRUST	24,933	$3,148	0.7%	$125.43	—	STATE STREET SPD	78468R556
SPUS	TIDAL TRUST I	69,666	$3,558	0.8%	$40.13	—	SP FDS S&P 500	886364801
VTV	VANGUARD INDEX FDS	29,467	$5,628	1.3%	$162.86	—	VALUE ETF	922908744
VNQ	VANGUARD INDEX FDS	34,136	$3,021	0.7%	$86.48	—	REAL ESTATE ETF	922908553
CVX	CHEVRON CORP NEW	19,610	$2,989	0.7%	$73.61	+105.7%	COM	166764100
VUG	VANGUARD INDEX FDS	7,220	$3,522	0.8%	$344.20	—	GROWTH ETF	922908736
VTIP	VANGUARD MALVERN FDS	34,614	$1,712	0.4%	$52.58	—	STRM INFPROIDX	922020805
—	DOUBLELINE OPPORTUNISTIC CR	100,964	$1,540	0.4%	$19.20	—	COM	258623107
XOM	EXXON MOBIL CORP	4,350	$523	0.1%	$52.06	+121.9%	COM	30231G102
S	SENTINELONE INC	12,322	$185	0.0%	$21.70	-24.5%	CL A	81730H109
EMLP	FIRST TR EXCHANGE-TRADED FD	71,081	$2,692	0.6%	$21.17	—	NO AMER ENERGY	33738D101
—	TORTOISE ENERGY INFRA CORP	13,329	$545	0.1%	$43.05	—	COM	89147L886
AAPL	APPLE INC	1,586	$431	0.1%	$185.12	+45.0%	COM	037833100
BIDU	BAIDU INC	22,000	$2,875	0.7%	$131.77	—	SPON ADR REP A	056752108
GNR	SPDR INDEX SHS FDS	6,900	$429	0.1%	$57.93	—	GLB NAT RESRCE	78463X541
OKE	ONEOK INC NEW	36,315	$2,669	0.6%	$57.97	+21.5%	COM	682680103
SFIX	STITCH FIX INC	19,000	$100	0.0%	$3.53	+29.3%	COM CL A	860897107
—	DOUBLELINE INCOME SOLUTIONS	15,000	$169	0.0%	$17.94	—	COM	258622109
WMB	WILLIAMS COS INC	4,200	$252	0.1%	$51.72	+16.1%	COM	969457100
DHS	WISDOMTREE TR	10,400	$1,059	0.3%	$91.51	—	US HIGH DIVIDEND	97717W208
V	VISA INC	1,000	$351	0.1%	$196.98	+72.8%	COM CL A	92826C839
GLIN	VANECK ETF TRUST	6,225	$287	0.1%	$47.13	—	INDIA GROWTH LDR	92189F767
IWY	ISHARES TR	2,450	$679	0.2%	$195.10	—	RUS TP200 GR ETF	464289438
IRDM	IRIDIUM COMMUNICATIONS INC	197,066	$3,425	0.8%	$25.33	-30.2%	COM	46269C102
IWM	ISHARES TR	1,390	$342	0.1%	$241.96	—	RUSSELL 2000 ETF	464287655
BXSL	BLACKSTONE SECD LENDING FD	21,000	$569	0.1%	$16.61	+57.1%	COMMON STOCK	09261X102
SPRE	TIDAL TRUST I	54,220	$1,062	0.3%	$19.71	—	SP FUNDS S&P GBL	886364769
AMLP	ALPS ETF TR	46,325	$2,178	0.5%	$22.45	—	ALERIAN MLP	00162Q452
MSOS	ADVISORSHARES TR	51,050	$241	0.1%	$17.20	—	PURE US CANNABIS	00768Y453
VIG	VANGUARD SPECIALIZED FUNDS	1,043	$229	0.1%	$195.83	—	DIV APP ETF	921908844
VCSH	VANGUARD SCOTTSDALE FDS	7,700	$614	0.1%	$77.31	—	SHRT TRM CORP BD	92206C409