Camarda Financial Advisors, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IYH	ISHARES TR	223,592	$14,556	5.5%	$65.10	—	US HLTHCARE ETF	464287762
LLY	ELI LILLY & CO	3,425	$3,681	1.4%	$955.55	0.0%	COM	532457108
GD	GENERAL DYNAMICS CORP	8,705	$2,931	1.1%	$340.86	0.0%	COM	369550108
IRMD	IRADIMED CORP	28,874	$2,809	1.1%	$85.35	0.0%	COM	46266A109
GILD	GILEAD SCIENCES INC	22,589	$2,773	1.1%	$120.88	0.0%	COM	375558103
BIIB	BIOGEN INC	13,257	$2,333	0.9%	$163.37	0.0%	COM	09062X103
MRVL	MARVELL TECHNOLOGY INC	22,987	$1,953	0.7%	$87.46	0.0%	COM	573874104
MU	MICRON TECHNOLOGY INC	6,657	$1,900	0.7%	$229.35	0.0%	COM	595112103
REGN	REGENERON PHARMACEUTICALS	2,037	$1,572	0.6%	$678.68	0.0%	COM	75886F107
INTC	INTEL CORP	36,617	$1,351	0.5%	$37.76	0.0%	COM	458140100
IWM	ISHARES TR	2,027	$499	0.2%	$246.16	—	RUSSELL 2000 ETF	464287655

Increased Positions (14)

IBM INTERNATIONAL BUSINESS MACHS 1.5%

Value ($000) $3,843 (+351.4%) Shares 12,973 (+330.0%) Est. Cost $289.66 Unrealized +3.2%

GOOGL ALPHABET INC 2.9%

Value ($000) $7,548 (+30.4%) Shares 24,115 (+1.3%) Est. Cost $138.40 Unrealized +106.4%

WDC WESTERN DIGITAL CORP 1.0%

Value ($000) $2,664 (+45.4%) Shares 15,463 (+1.3%) Est. Cost $82.50 Unrealized +83.7%

MAR MARRIOTT INTL INC NEW 0.7%

Value ($000) $1,937 (+45.6%) Shares 6,245 (+22.3%) Est. Cost $261.69 Unrealized +9.0%

PSQ PROSHARES TR 0.5%

Value ($000) $1,239 (+62.9%) Shares 41,038 (+67.4%) Est. Cost $30.70 Unrealized —

CSCO CISCO SYS INC 0.9%

Value ($000) $2,377 (+23.3%) Shares 30,860 (+9.5%) Est. Cost $62.69 Unrealized +17.7%

VUG VANGUARD INDEX FDS 0.9%

Value ($000) $2,363 (+17.2%) Shares 4,844 (+15.2%) Est. Cost $422.83 Unrealized —

VTV VANGUARD INDEX FDS 0.8%

Value ($000) $2,119 (+14.5%) Shares 11,096 (+11.8%) Est. Cost $176.01 Unrealized —

XLE SELECT SECTOR SPDR TR 0.7%

Value ($000) $1,873 (-7.4%) Shares 41,881 (+84.9%) Est. Cost $69.12 Unrealized —

PODD INSULET CORP 0.9%

Value ($000) $2,396 (-5.6%) Shares 8,430 (+2.6%) Est. Cost $276.18 Unrealized +13.2%

JBL JABIL INC 0.9%

Value ($000) $2,454 (+6.1%) Shares 10,763 (+1.0%) Est. Cost $143.53 Unrealized +48.6%

GLOF ISHARES TR 0.8%

Value ($000) $2,102 (+4.1%) Shares 39,824 (+1.8%) Est. Cost $32.36 Unrealized —

QDPL PACER FDS TR 0.1%

Value ($000) $331 (+16.1%) Shares 7,800 (+14.6%) Est. Cost $40.28 Unrealized —

PFFR ETFIS SER TR I 0.1%

Value ($000) $374 (+0.3%) Shares 20,740 (+4.1%) Est. Cost $18.67 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IBM	INTERNATIONAL BUSINESS MACHS	12,973 (+330.0%)	$3,843 (+351.4%)	1.5%	$289.66	+3.2%	COM	459200101
GOOGL	ALPHABET INC	24,115 (+1.3%)	$7,548 (+30.4%)	2.9%	$138.40	+106.4%	CAP STK CL A	02079K305
WDC	WESTERN DIGITAL CORP	15,463 (+1.3%)	$2,664 (+45.4%)	1.0%	$82.50	+83.7%	COM	958102105
MAR	MARRIOTT INTL INC NEW	6,245 (+22.3%)	$1,937 (+45.6%)	0.7%	$261.69	+9.0%	CL A	571903202
PSQ	PROSHARES TR	41,038 (+67.4%)	$1,239 (+62.9%)	0.5%	$30.70	—	SHORT QQQ	74349Y837
CSCO	CISCO SYS INC	30,860 (+9.5%)	$2,377 (+23.3%)	0.9%	$62.69	+17.7%	COM	17275R102
VUG	VANGUARD INDEX FDS	4,844 (+15.2%)	$2,363 (+17.2%)	0.9%	$422.83	—	GROWTH ETF	922908736
VTV	VANGUARD INDEX FDS	11,096 (+11.8%)	$2,119 (+14.5%)	0.8%	$176.01	—	VALUE ETF	922908744
XLE	SELECT SECTOR SPDR TR	41,881 (+84.9%)	$1,873 (-7.4%)	0.7%	$69.12	—	STATE STREET ENE	81369Y506
PODD	INSULET CORP	8,430 (+2.6%)	$2,396 (-5.6%)	0.9%	$276.18	+13.2%	COM	45784P101
JBL	JABIL INC	10,763 (+1.0%)	$2,454 (+6.1%)	0.9%	$143.53	+48.6%	COM	466313103
GLOF	ISHARES TR	39,824 (+1.8%)	$2,102 (+4.1%)	0.8%	$32.36	—	GLOBAL EQUITY	46434V316
QDPL	PACER FDS TR	7,800 (+14.6%)	$331 (+16.1%)	0.1%	$40.28	—	METAURUS CAP 400	69374H436
PFFR	ETFIS SER TR I	20,740 (+4.1%)	$374 (+0.3%)	0.1%	$18.67	—	INFRACP REIT PFD	26923G400

Exited Positions (20)

IYF ISHARES TR 5.2%

Value ($000) $13,619 Shares 107,545 Est. Cost $120.99 Unrealized —

IDXX IDEXX LABS INC 1.2%

Value ($000) $3,257 Shares 5,098 Est. Cost $489.97 Unrealized +39.0%

ORCL ORACLE CORP 1.1%

Value ($000) $2,914 Shares 10,363 Est. Cost $254.17 Unrealized -6.3%

COST COSTCO WHSL CORP NEW 1.0%

Value ($000) $2,700 Shares 2,917 Est. Cost $517.33 Unrealized +75.1%

ARES ARES MANAGEMENT CORPORATION 1.0%

Value ($000) $2,677 Shares 16,745 Est. Cost $76.39 Unrealized +102.8%

V VISA INC 1.0%

Value ($000) $2,669 Shares 7,817 Est. Cost $228.21 Unrealized +49.2%

DIS DISNEY WALT CO 1.0%

Value ($000) $2,646 Shares 23,113 Est. Cost $104.27 Unrealized +5.0%

SYK STRYKER CORPORATION 0.9%

Value ($000) $2,392 Shares 6,470 Est. Cost $368.26 Unrealized -1.3%

HESM HESS MIDSTREAM LP 0.8%

Value ($000) $2,221 Shares 64,284 Est. Cost $24.79 Unrealized +31.6%

AMD ADVANCED MICRO DEVICES INC 0.8%

Value ($000) $2,193 Shares 13,552 Est. Cost $155.48 Unrealized +44.5%

DASH DOORDASH INC 0.5%

Value ($000) $1,420 Shares 5,222 Est. Cost $250.83 Unrealized -6.5%

APP APPLOVIN CORP 0.2%

Value ($000) $638 Shares 888 Est. Cost $461.14 Unrealized +36.6%

MGK VANGUARD WORLD FD 0.2%

Value ($000) $582 Shares 1,447 Est. Cost $366.17 Unrealized —

QQQM INVESCO EXCH TRADED FD TR II 0.2%

Value ($000) $439 Shares 1,775 Est. Cost $173.20 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value ($000) $392 Shares 1,195 Est. Cost $283.39 Unrealized —

MPC MARATHON PETE CORP 0.1%

Value ($000) $374 Shares 1,940 Est. Cost $132.62 Unrealized +40.5%

MRK MERCK & CO INC 0.1%

Value ($000) $346 Shares 4,119 Est. Cost $48.69 Unrealized +91.5%

OKLO OKLO INC 0.1%

Value ($000) $323 Shares 2,893 Est. Cost $38.57 Unrealized +189.1%

HD HOME DEPOT INC 0.1%

Value ($000) $245 Shares 606 Est. Cost $213.67 Unrealized +70.6%

MTUM ISHARES TR 0.1%

Value ($000) $208 Shares 810 Est. Cost $240.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IYF	ISHARES TR	107,545	$13,619	5.2%	$120.99	—	—	464287788
IDXX	IDEXX LABS INC	5,098	$3,257	1.2%	$489.97	+39.0%	—	45168D104
ORCL	ORACLE CORP	10,363	$2,914	1.1%	$254.17	-6.3%	—	68389X105
COST	COSTCO WHSL CORP NEW	2,917	$2,700	1.0%	$517.33	+75.1%	—	22160K105
ARES	ARES MANAGEMENT CORPORATION	16,745	$2,677	1.0%	$76.39	+102.8%	—	03990B101
V	VISA INC	7,817	$2,669	1.0%	$228.21	+49.2%	—	92826C839
DIS	DISNEY WALT CO	23,113	$2,646	1.0%	$104.27	+5.0%	—	254687106
SYK	STRYKER CORPORATION	6,470	$2,392	0.9%	$368.26	-1.3%	—	863667101
HESM	HESS MIDSTREAM LP	64,284	$2,221	0.8%	$24.79	+31.6%	—	428103105
AMD	ADVANCED MICRO DEVICES INC	13,552	$2,193	0.8%	$155.48	+44.5%	—	007903107
DASH	DOORDASH INC	5,222	$1,420	0.5%	$250.83	-6.5%	—	25809K105
APP	APPLOVIN CORP	888	$638	0.2%	$461.14	+36.6%	—	03831W108
MGK	VANGUARD WORLD FD	1,447	$582	0.2%	$366.17	—	—	921910816
QQQM	INVESCO EXCH TRADED FD TR II	1,775	$439	0.2%	$173.20	—	—	46138G649
VTI	VANGUARD INDEX FDS	1,195	$392	0.1%	$283.39	—	—	922908769
MPC	MARATHON PETE CORP	1,940	$374	0.1%	$132.62	+40.5%	—	56585A102
MRK	MERCK & CO INC	4,119	$346	0.1%	$48.69	+91.5%	—	58933Y105
OKLO	OKLO INC	2,893	$323	0.1%	$38.57	+189.1%	—	02156V109
HD	HOME DEPOT INC	606	$245	0.1%	$213.67	+70.6%	—	437076102
MTUM	ISHARES TR	810	$208	0.1%	$240.32	—	—	46432F396

Decreased Positions (66)

PLTR PALANTIR TECHNOLOGIES INC 0.5%

Value ($000) $1,288 (-68.8%) Shares 7,244 (-68.0%) Est. Cost $89.08 Unrealized +103.2%

AVGO BROADCOM INC 2.2%

Value ($000) $5,763 (-26.6%) Shares 16,650 (-30.0%) Est. Cost $175.48 Unrealized +103.4%

EEM ISHARES TR 2.5%

Value ($000) $6,598 (-14.5%) Shares 120,594 (-16.5%) Est. Cost $48.24 Unrealized —

EFA ISHARES TR 2.4%

Value ($000) $6,388 (-12.8%) Shares 66,521 (-15.2%) Est. Cost $89.39 Unrealized —

QQQ INVESCO QQQ TR 2.7%

Value ($000) $7,132 (-11.3%) Shares 11,610 (-13.3%) Est. Cost $461.29 Unrealized —

LRCX LAM RESEARCH CORP 2.6%

Value ($000) $6,763 (+13.7%) Shares 39,506 (-11.1%) Est. Cost $89.50 Unrealized +73.6%

B BARRICK MNG CORP 1.3%

Value ($000) $3,493 (+28.2%) Shares 80,197 (-3.5%) Est. Cost $25.15 Unrealized +48.8%

SPY SPDR S&P 500 ETF TR 2.2%

Value ($000) $5,740 (-11.0%) Shares 8,417 (-13.1%) Est. Cost $485.10 Unrealized —

IVW ISHARES TR 2.7%

Value ($000) $7,189 (-8.8%) Shares 58,323 (-10.7%) Est. Cost $77.51 Unrealized —

MSFT MICROSOFT CORP 1.5%

Value ($000) $3,962 (-9.8%) Shares 8,192 (-3.4%) Est. Cost $365.07 Unrealized +37.1%

FSLR FIRST SOLAR INC 1.1%

Value ($000) $2,826 (+15.1%) Shares 10,819 (-2.8%) Est. Cost $191.94 Unrealized +31.4%

META META PLATFORMS INC 1.1%

Value ($000) $2,834 (-11.4%) Shares 4,293 (-1.4%) Est. Cost $467.69 Unrealized +42.7%

IYZ ISHARES TR 5.4%

Value ($000) $14,177 (+2.5%) Shares 418,208 (-2.4%) Est. Cost $29.78 Unrealized —

NVDA NVIDIA CORPORATION 1.2%

Value ($000) $3,099 (-7.4%) Shares 16,615 (-7.3%) Est. Cost $128.35 Unrealized +45.0%

AMZN AMAZON COM INC 1.3%

Value ($000) $3,535 (-5.3%) Shares 15,317 (-9.9%) Est. Cost $123.09 Unrealized +85.9%

OUNZ VANECK MERK GOLD ETF 1.4%

Value ($000) $3,600 (-4.9%) Shares 86,796 (-14.8%) Est. Cost $36.58 Unrealized —

TSLA TESLA INC 0.5%

Value ($000) $1,349 (-11.9%) Shares 2,999 (-12.8%) Est. Cost $346.84 Unrealized +27.8%

KLAC KLA CORP 1.2%

Value ($000) $3,152 (+5.3%) Shares 2,594 (-6.5%) Est. Cost $767.82 Unrealized +52.6%

MBSX ADVISOR MANAGED PORTFOLIOS 0.6%

Value ($000) $1,703 (-7.6%) Shares 64,504 (-3.6%) Est. Cost $25.63 Unrealized —

SHV ISHARES TR 1.2%

Value ($000) $3,088 (-4.3%) Shares 28,038 (-4.0%) Est. Cost $110.49 Unrealized —

GDXJ VANECK ETF TRUST 0.9%

Value ($000) $2,247 (+6.3%) Shares 19,753 (-7.5%) Est. Cost $99.03 Unrealized —

GS GOLDMAN SACHS GROUP INC 1.4%

Value ($000) $3,636 (+3.4%) Shares 4,137 (-6.3%) Est. Cost $431.53 Unrealized +88.5%

AAPL APPLE INC 2.3%

Value ($000) $6,077 (+2.0%) Shares 22,355 (-4.5%) Est. Cost $164.81 Unrealized +62.8%

UYLD ANGEL OAK FUNDS TRUST 0.6%

Value ($000) $1,486 (-7.1%) Shares 29,047 (-7.1%) Est. Cost $50.71 Unrealized —

JPM JPMORGAN CHASE & CO. 1.3%

Value ($000) $3,411 (-3.2%) Shares 10,586 (-5.2%) Est. Cost $150.22 Unrealized +106.1%

CARY ANGEL OAK FUNDS TRUST 0.8%

Value ($000) $2,084 (-4.7%) Shares 100,056 (-4.3%) Est. Cost $20.53 Unrealized —

HEGD LISTED FDS TR 0.5%

Value ($000) $1,327 (-6.5%) Shares 52,644 (-7.6%) Est. Cost $22.45 Unrealized —

VUSB VANGUARD BD INDEX FDS 0.7%

Value ($000) $1,779 (-4.8%) Shares 35,695 (-4.5%) Est. Cost $49.61 Unrealized —

TLT ISHARES TR 0.6%

Value ($000) $1,629 (-5.0%) Shares 18,691 (-2.6%) Est. Cost $91.24 Unrealized —

BNDI NEOS ETF TRUST 0.5%

Value ($000) $1,405 (-5.7%) Shares 29,552 (-5.6%) Est. Cost $47.69 Unrealized —

IEI ISHARES TR 0.3%

Value ($000) $879 (-8.8%) Shares 7,365 (-8.6%) Est. Cost $117.03 Unrealized —

IEF ISHARES TR 0.5%

Value ($000) $1,183 (-6.3%) Shares 12,306 (-6.1%) Est. Cost $96.45 Unrealized —

PSFD PACER FDS TR 1.0%

Value ($000) $2,677 (-2.7%) Shares 71,627 (-5.5%) Est. Cost $32.44 Unrealized —

GDX VANECK ETF TRUST 1.2%

Value ($000) $3,024 (+2.4%) Shares 35,252 (-8.8%) Est. Cost $76.40 Unrealized —

PCMM BONDBLOXX ETF TRUST 0.6%

Value ($000) $1,548 (-3.8%) Shares 30,879 (-2.9%) Est. Cost $50.55 Unrealized —

OMAH TIDAL TRUST III 0.5%

Value ($000) $1,193 (-4.8%) Shares 63,679 (-2.1%) Est. Cost $19.30 Unrealized —

AVUV AMERICAN CENTY ETF TR 0.3%

Value ($000) $671 (-8.1%) Shares 6,582 (-10.4%) Est. Cost $87.34 Unrealized —

LJAN INNOVATOR ETFS TRUST 0.7%

Value ($000) $1,821 (-3.1%) Shares 74,096 (-2.7%) Est. Cost $24.38 Unrealized —

LQD ISHARES TR 0.1%

Value ($000) $260 (-17.7%) Shares 2,362 (-16.7%) Est. Cost $110.38 Unrealized —

TBIL RBB FD INC 0.1%

Value ($000) $264 (-17.0%) Shares 5,298 (-16.8%) Est. Cost $50.01 Unrealized —

PGX INVESCO EXCH TRADED FD TR II 0.1%

Value ($000) $260 (-16.8%) Shares 23,097 (-14.2%) Est. Cost $11.23 Unrealized —

PFF ISHARES TR 0.1%

Value ($000) $261 (-16.6%) Shares 8,420 (-14.8%) Est. Cost $31.16 Unrealized —

CSHI NEOS ETF TRUST 0.5%

Value ($000) $1,370 (-3.6%) Shares 27,544 (-3.6%) Est. Cost $49.86 Unrealized —

GLW CORNING INC 1.3%

Value ($000) $3,335 (+1.5%) Shares 38,087 (-4.9%) Est. Cost $64.97 Unrealized +32.3%

MBSF VALUED ADVISERS TR 1.2%

Value ($000) $3,048 (-1.5%) Shares 118,852 (-2.2%) Est. Cost $25.46 Unrealized —

PG PROCTER AND GAMBLE CO 0.1%

Value ($000) $304 (-12.9%) Shares 2,120 (-6.6%) Est. Cost $154.90 Unrealized -5.0%

PTLC PACER FDS TR 0.5%

Value ($000) $1,315 (-3.2%) Shares 23,659 (-4.6%) Est. Cost $41.12 Unrealized —

KORP AMERICAN CENTY ETF TR 0.4%

Value ($000) $943 (-4.4%) Shares 19,951 (-3.7%) Est. Cost $46.75 Unrealized —

IYW ISHARES TR 5.3%

Value ($000) $13,982 (-0.3%) Shares 70,023 (-2.2%) Est. Cost $195.86 Unrealized —

PULS PGIM ETF TR 0.5%

Value ($000) $1,273 (-3.1%) Shares 25,676 (-2.6%) Est. Cost $49.44 Unrealized —

SCCR SCHWAB STRATEGIC TR 0.5%

Value ($000) $1,226 (-2.7%) Shares 47,437 (-2.4%) Est. Cost $25.60 Unrealized —

SCLZ NORTHERN LTS FD TR III 0.5%

Value ($000) $1,261 (-2.6%) Shares 23,034 (-3.3%) Est. Cost $53.22 Unrealized —

AVDV AMERICAN CENTY ETF TR 0.3%

Value ($000) $744 (-4.3%) Shares 7,919 (-9.4%) Est. Cost $69.86 Unrealized —

AVDE AMERICAN CENTY ETF TR 0.3%

Value ($000) $704 (-3.7%) Shares 8,548 (-7.7%) Est. Cost $66.42 Unrealized —

TLH ISHARES TR 0.2%

Value ($000) $601 (-4.0%) Shares 5,912 (-2.7%) Est. Cost $102.82 Unrealized —

PSK SPDR SERIES TRUST 0.2%

Value ($000) $421 (-5.3%) Shares 13,294 (-1.2%) Est. Cost $33.07 Unrealized —

FLRT PACER FDS TR 0.3%

Value ($000) $767 (-2.9%) Shares 16,271 (-2.3%) Est. Cost $46.76 Unrealized —

IJR ISHARES TR 0.3%

Value ($000) $907 (-2.3%) Shares 7,543 (-3.4%) Est. Cost $113.32 Unrealized —

SPYI NEOS ETF TRUST 0.3%

Value ($000) $706 (-2.9%) Shares 13,442 (-3.3%) Est. Cost $48.16 Unrealized —

QQQI NEOS ETF TRUST 0.1%

Value ($000) $375 (-5.1%) Shares 6,968 (-4.5%) Est. Cost $51.11 Unrealized —

IJH ISHARES TR 0.3%

Value ($000) $893 (-2.2%) Shares 13,531 (-3.3%) Est. Cost $60.73 Unrealized —

AVLV AMERICAN CENTY ETF TR 0.5%

Value ($000) $1,352 (-1.1%) Shares 17,839 (-5.7%) Est. Cost $65.34 Unrealized —

PTNQ PACER FDS TR 0.2%

Value ($000) $617 (-2.3%) Shares 7,849 (-3.7%) Est. Cost $71.41 Unrealized —

XEMD BONDBLOXX ETF TRUST 0.5%

Value ($000) $1,245 (+0.3%) Shares 27,926 (-1.6%) Est. Cost $43.72 Unrealized —

RTX RTX CORPORATION 0.4%

Value ($000) $930 (+0.3%) Shares 5,071 (-8.4%) Est. Cost $90.54 Unrealized +91.4%

AOR ISHARES TR 0.3%

Value ($000) $668 (-0.3%) Shares 10,283 (-1.3%) Est. Cost $51.68 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PLTR	PALANTIR TECHNOLOGIES INC	7,244 (-68.0%)	$1,288 (-68.8%)	0.5%	$89.08	+103.2%	CL A	69608A108
AVGO	BROADCOM INC	16,650 (-30.0%)	$5,763 (-26.6%)	2.2%	$175.48	+103.4%	COM	11135F101
EEM	ISHARES TR	120,594 (-16.5%)	$6,598 (-14.5%)	2.5%	$48.24	—	MSCI EMG MKT ETF	464287234
EFA	ISHARES TR	66,521 (-15.2%)	$6,388 (-12.8%)	2.4%	$89.39	—	MSCI EAFE ETF	464287465
QQQ	INVESCO QQQ TR	11,610 (-13.3%)	$7,132 (-11.3%)	2.7%	$461.29	—	UNIT SER 1	46090E103
LRCX	LAM RESEARCH CORP	39,506 (-11.1%)	$6,763 (+13.7%)	2.6%	$89.50	+73.6%	COM NEW	512807306
B	BARRICK MNG CORP	80,197 (-3.5%)	$3,493 (+28.2%)	1.3%	$25.15	+48.8%	COM SHS	06849F108
SPY	SPDR S&P 500 ETF TR	8,417 (-13.1%)	$5,740 (-11.0%)	2.2%	$485.10	—	TR UNIT	78462F103
IVW	ISHARES TR	58,323 (-10.7%)	$7,189 (-8.8%)	2.7%	$77.51	—	S&P 500 GRWT ETF	464287309
MSFT	MICROSOFT CORP	8,192 (-3.4%)	$3,962 (-9.8%)	1.5%	$365.07	+37.1%	COM	594918104
FSLR	FIRST SOLAR INC	10,819 (-2.8%)	$2,826 (+15.1%)	1.1%	$191.94	+31.4%	COM	336433107
META	META PLATFORMS INC	4,293 (-1.4%)	$2,834 (-11.4%)	1.1%	$467.69	+42.7%	CL A	30303M102
IYZ	ISHARES TR	418,208 (-2.4%)	$14,177 (+2.5%)	5.4%	$29.78	—	US TELECOM ETF	464287713
NVDA	NVIDIA CORPORATION	16,615 (-7.3%)	$3,099 (-7.4%)	1.2%	$128.35	+45.0%	COM	67066G104
AMZN	AMAZON COM INC	15,317 (-9.9%)	$3,535 (-5.3%)	1.3%	$123.09	+85.9%	COM	023135106
OUNZ	VANECK MERK GOLD ETF	86,796 (-14.8%)	$3,600 (-4.9%)	1.4%	$36.58	—	GOLD SHS	921078101
TSLA	TESLA INC	2,999 (-12.8%)	$1,349 (-11.9%)	0.5%	$346.84	+27.8%	COM	88160R101
KLAC	KLA CORP	2,594 (-6.5%)	$3,152 (+5.3%)	1.2%	$767.82	+52.6%	COM NEW	482480100
MBSX	ADVISOR MANAGED PORTFOLIOS	64,504 (-3.6%)	$1,703 (-7.6%)	0.6%	$25.63	—	REGAN FIXED RATE	00777X520
SHV	ISHARES TR	28,038 (-4.0%)	$3,088 (-4.3%)	1.2%	$110.49	—	TRUST ISHARE 0-1	464288679
GDXJ	VANECK ETF TRUST	19,753 (-7.5%)	$2,247 (+6.3%)	0.9%	$99.03	—	JUNIOR GOLD MINE	92189F791
GS	GOLDMAN SACHS GROUP INC	4,137 (-6.3%)	$3,636 (+3.4%)	1.4%	$431.53	+88.5%	COM	38141G104
AAPL	APPLE INC	22,355 (-4.5%)	$6,077 (+2.0%)	2.3%	$164.81	+62.8%	COM	037833100
UYLD	ANGEL OAK FUNDS TRUST	29,047 (-7.1%)	$1,486 (-7.1%)	0.6%	$50.71	—	OAK ULTRASHORT	03463K752
JPM	JPMORGAN CHASE & CO.	10,586 (-5.2%)	$3,411 (-3.2%)	1.3%	$150.22	+106.1%	COM	46625H100
CARY	ANGEL OAK FUNDS TRUST	100,056 (-4.3%)	$2,084 (-4.7%)	0.8%	$20.53	—	INCOME ETF	03463K760
HEGD	LISTED FDS TR	52,644 (-7.6%)	$1,327 (-6.5%)	0.5%	$22.45	—	SWAN HEDGED EQTY	53656F599
VUSB	VANGUARD BD INDEX FDS	35,695 (-4.5%)	$1,779 (-4.8%)	0.7%	$49.61	—	VANGUARD ULTRA	92203C303
TLT	ISHARES TR	18,691 (-2.6%)	$1,629 (-5.0%)	0.6%	$91.24	—	20 YR TR BD ETF	464287432
BNDI	NEOS ETF TRUST	29,552 (-5.6%)	$1,405 (-5.7%)	0.5%	$47.69	—	NEOS ENHCD INME	78433H402
IEI	ISHARES TR	7,365 (-8.6%)	$879 (-8.8%)	0.3%	$117.03	—	3 7 YR TREAS BD	464288661
IEF	ISHARES TR	12,306 (-6.1%)	$1,183 (-6.3%)	0.5%	$96.45	—	7-10 YR TRSY BD	464287440
PSFD	PACER FDS TR	71,627 (-5.5%)	$2,677 (-2.7%)	1.0%	$32.44	—	SWAN SOS FLX JAN	69374H576
GDX	VANECK ETF TRUST	35,252 (-8.8%)	$3,024 (+2.4%)	1.2%	$76.40	—	GOLD MINERS ETF	92189F106
PCMM	BONDBLOXX ETF TRUST	30,879 (-2.9%)	$1,548 (-3.8%)	0.6%	$50.55	—	BONDBLOXX PRIVAT	09789C671
OMAH	TIDAL TRUST III	63,679 (-2.1%)	$1,193 (-4.8%)	0.5%	$19.30	—	VISTASHARES TRGT	45259A514
AVUV	AMERICAN CENTY ETF TR	6,582 (-10.4%)	$671 (-8.1%)	0.3%	$87.34	—	US SML CP VALU	025072877
LJAN	INNOVATOR ETFS TRUST	74,096 (-2.7%)	$1,821 (-3.1%)	0.7%	$24.38	—	INNOV PRM INC 15	45783Y368
LQD	ISHARES TR	2,362 (-16.7%)	$260 (-17.7%)	0.1%	$110.38	—	IBOXX INV CP ETF	464287242
TBIL	RBB FD INC	5,298 (-16.8%)	$264 (-17.0%)	0.1%	$50.01	—	US TREAS 3 MNTH	74933W452
PGX	INVESCO EXCH TRADED FD TR II	23,097 (-14.2%)	$260 (-16.8%)	0.1%	$11.23	—	PFD ETF	46138E511
PFF	ISHARES TR	8,420 (-14.8%)	$261 (-16.6%)	0.1%	$31.16	—	PFD AND INCM SEC	464288687
CSHI	NEOS ETF TRUST	27,544 (-3.6%)	$1,370 (-3.6%)	0.5%	$49.86	—	NEOS ENH INC 1-3	78433H501
GLW	CORNING INC	38,087 (-4.9%)	$3,335 (+1.5%)	1.3%	$64.97	+32.3%	COM	219350105
MBSF	VALUED ADVISERS TR	118,852 (-2.2%)	$3,048 (-1.5%)	1.2%	$25.46	—	REGAN FLTG RATE	92046L338
PG	PROCTER AND GAMBLE CO	2,120 (-6.6%)	$304 (-12.9%)	0.1%	$154.90	-5.0%	COM	742718109
PTLC	PACER FDS TR	23,659 (-4.6%)	$1,315 (-3.2%)	0.5%	$41.12	—	TRENDP US LAR CP	69374H105
KORP	AMERICAN CENTY ETF TR	19,951 (-3.7%)	$943 (-4.4%)	0.4%	$46.75	—	DIVERSIFID CRP	025072109
IYW	ISHARES TR	70,023 (-2.2%)	$13,982 (-0.3%)	5.3%	$195.86	—	U.S. TECH ETF	464287721
PULS	PGIM ETF TR	25,676 (-2.6%)	$1,273 (-3.1%)	0.5%	$49.44	—	PGIM ULTRA SH BD	69344A107
SCCR	SCHWAB STRATEGIC TR	47,437 (-2.4%)	$1,226 (-2.7%)	0.5%	$25.60	—	CORE BOND ETF	808524599
SCLZ	NORTHERN LTS FD TR III	23,034 (-3.3%)	$1,261 (-2.6%)	0.5%	$53.22	—	SWAN ENHAN DIVID	66538R532
AVDV	AMERICAN CENTY ETF TR	7,919 (-9.4%)	$744 (-4.3%)	0.3%	$69.86	—	INTL SMCP VLU	025072802
AVDE	AMERICAN CENTY ETF TR	8,548 (-7.7%)	$704 (-3.7%)	0.3%	$66.42	—	INTL EQT ETF	025072703
TLH	ISHARES TR	5,912 (-2.7%)	$601 (-4.0%)	0.2%	$102.82	—	10-20 YR TRS ETF	464288653
PSK	SPDR SERIES TRUST	13,294 (-1.2%)	$421 (-5.3%)	0.2%	$33.07	—	STATE STREET SPD	78464A292
FLRT	PACER FDS TR	16,271 (-2.3%)	$767 (-2.9%)	0.3%	$46.76	—	ARISTOTLE PACIFI	69374H428
IJR	ISHARES TR	7,543 (-3.4%)	$907 (-2.3%)	0.3%	$113.32	—	CORE S&P SCP ETF	464287804
SPYI	NEOS ETF TRUST	13,442 (-3.3%)	$706 (-2.9%)	0.3%	$48.16	—	NEOS S&P 500 HI	78433H303
QQQI	NEOS ETF TRUST	6,968 (-4.5%)	$375 (-5.1%)	0.1%	$51.11	—	NASDAQ 100 HIGH	78433H675
IJH	ISHARES TR	13,531 (-3.3%)	$893 (-2.2%)	0.3%	$60.73	—	CORE S&P MCP ETF	464287507
AVLV	AMERICAN CENTY ETF TR	17,839 (-5.7%)	$1,352 (-1.1%)	0.5%	$65.34	—	US LARGE CAP VLU	025072349
PTNQ	PACER FDS TR	7,849 (-3.7%)	$617 (-2.3%)	0.2%	$71.41	—	TRENDPILOT 100	69374H303
XEMD	BONDBLOXX ETF TRUST	27,926 (-1.6%)	$1,245 (+0.3%)	0.5%	$43.72	—	JP MORGAN USD EM	09789C879
RTX	RTX CORPORATION	5,071 (-8.4%)	$930 (+0.3%)	0.4%	$90.54	+91.4%	COM	75513E101
AOR	ISHARES TR	10,283 (-1.3%)	$668 (-0.3%)	0.3%	$51.68	—	CORE 60/40 BALAN	464289867

Unchanged Positions (11)

IDU ISHARES TR 5.0%

Value ($000) $13,231 Shares 122,102 Est. Cost $104.57 Unrealized —

GOOG ALPHABET INC 0.1%

Value ($000) $310 Shares 989 Est. Cost $209.93 Unrealized +36.4%

TBT PROSHARES TR 0.6%

Value ($000) $1,490 Shares 42,639 Est. Cost $36.56 Unrealized —

GPZ VANECK ETF TRUST 0.8%

Value ($000) $2,063 Shares 75,991 Est. Cost $27.63 Unrealized —

HIPS GRANITESHARES ETF TR 0.4%

Value ($000) $1,001 Shares 85,661 Est. Cost $12.88 Unrealized —

DFAC DIMENSIONAL ETF TRUST 0.1%

Value ($000) $288 Shares 7,267 Est. Cost $29.23 Unrealized —

AOK ISHARES TR 0.3%

Value ($000) $742 Shares 18,499 Est. Cost $35.62 Unrealized —

AFL AFLAC INC 0.1%

Value ($000) $244 Shares 2,217 Est. Cost $104.19 Unrealized +5.4%

MUB ISHARES TR 0.3%

Value ($000) $883 Shares 8,243 Est. Cost $105.99 Unrealized —

SHYM BLACKROCK ETF TRUST II 0.1%

Value ($000) $336 Shares 15,124 Est. Cost $22.60 Unrealized —

HYMB SPDR SERIES TRUST 0.1%

Value ($000) $335 Shares 13,440 Est. Cost $25.15 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IDU	ISHARES TR	122,102	$13,231	5.0%	$104.57	—	U.S. UTILITS ETF	464287697
GOOG	ALPHABET INC	989	$310	0.1%	$209.93	+36.4%	CAP STK CL C	02079K107
TBT	PROSHARES TR	42,639	$1,490	0.6%	$36.56	—	PSHS ULTSH 20YRS	74347B201
GPZ	VANECK ETF TRUST	75,991	$2,063	0.8%	$27.63	—	ALTERNATIVE ASSE	92189H649
HIPS	GRANITESHARES ETF TR	85,661	$1,001	0.4%	$12.88	—	HIPS US HIGH INC	38747R306
DFAC	DIMENSIONAL ETF TRUST	7,267	$288	0.1%	$29.23	—	US CORE EQUITY 2	25434V708
AOK	ISHARES TR	18,499	$742	0.3%	$35.62	—	CORE 30/70 CONSE	464289883
AFL	AFLAC INC	2,217	$244	0.1%	$104.19	+5.4%	COM	001055102
MUB	ISHARES TR	8,243	$883	0.3%	$105.99	—	NATIONAL MUN ETF	464288414
SHYM	BLACKROCK ETF TRUST II	15,124	$336	0.1%	$22.60	—	SHORT DURATION H	092528108
HYMB	SPDR SERIES TRUST	13,440	$335	0.1%	$25.15	—	STATE STREET SPD	78464A284