Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
HON	HONEYWELL INTL INC	27,700	$6.213M	1.0%	$224.30	—	COM	438516205
HONA	HONEYWELL AEROSPACE INC	27,700	$6.124M	1.0%	$221.08	—	COM	43849R105
TGTX	TG THERAPEUTICS INC	5,000	$275K	0.0%	$54.94	—	COM	88322Q108
MRVL	MARVELL TECHNOLOGY INC	812	$242K	0.0%	$297.89	—	COM	573874104
MOH	MOLINA HEALTHCARE INC	1,000	$229K	0.0%	$228.70	—	COM	60855R100
ROK	ROCKWELL AUTOMATION INC	450	$223K	0.0%	$495.08	—	COM	773903109
VTWO	VANGUARD SCOTTSDALE FDS	1,800	$219K	0.0%	$121.42	—	VNG RUS2000IDX	92206C664

Increased Positions (8)

MTBA SIMPLIFY EXCHANGE TRADED FUN 9.0%

Value $53.52M (+1.0%) Shares 1,090,758 (+1.8%) Est. Cost $50.23 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value $766K (+54.1%) Shares 3,598 (+39.0%) Est. Cost $179.11 Unrealized —

GDX VANECK ETF TRUST 0.1%

Value $489K (-15.2%) Shares 6,484 (+3.1%) Est. Cost $38.80 Unrealized —

AMLP ALPS ETF TR 0.1%

Value $565K (+15.6%) Shares 10,899 (+17.3%) Est. Cost $39.21 Unrealized —

EXPE EXPEDIA GROUP INC 0.0%

Value $278K (+21.9%) Shares 1,087 (+10.0%) Est. Cost $248.80 Unrealized —

XLV SELECT SECTOR SPDR TR 0.0%

Value $234K (+13.4%) Shares 1,474 (+4.8%) Est. Cost $146.35 Unrealized —

FDX FEDEX CORP 0.1%

Value $380K (-6.1%) Shares 1,213 (+6.8%) Est. Cost $188.77 Unrealized —

UBER UBER TECHNOLOGIES INC 0.0%

Value $265K (+1.7%) Shares 3,677 (+1.4%) Est. Cost $78.30 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MTBA	SIMPLIFY EXCHANGE TRADED FUN	1,090,758 (+1.8%)	$53.52M (+1.0%)	9.0%	$50.23	—	MBS ETF	82889N525
RSP	INVESCO EXCHANGE TRADED FD T	3,598 (+39.0%)	$766K (+54.1%)	0.1%	$179.11	—	S&P500 EQL WGT	46137V357
GDX	VANECK ETF TRUST	6,484 (+3.1%)	$489K (-15.2%)	0.1%	$38.80	—	GOLD MINERS ETF	92189F106
AMLP	ALPS ETF TR	10,899 (+17.3%)	$565K (+15.6%)	0.1%	$39.21	—	ALERIAN MLP	00162Q452
EXPE	EXPEDIA GROUP INC	1,087 (+10.0%)	$278K (+21.9%)	0.0%	$248.80	—	COM NEW	30212P303
XLV	SELECT SECTOR SPDR TR	1,474 (+4.8%)	$234K (+13.4%)	0.0%	$146.35	—	ST STR CARE ETF	81369Y209
FDX	FEDEX CORP	1,213 (+6.8%)	$380K (-6.1%)	0.1%	$188.77	—	COM	31428X106
UBER	UBER TECHNOLOGIES INC	3,677 (+1.4%)	$265K (+1.7%)	0.0%	$78.30	—	COM	90353T100

Exited Positions (5)

XOM EXXON MOBIL CORP 4.0%

Value $23.5M Shares 138,533 Est. Cost $107.21 Unrealized —

HON HONEYWELL INTL INC 2.1%

Value $12.42M Shares 54,940 Est. Cost $129.30 Unrealized —

MS MORGAN STANLEY 0.0%

Value $291K Shares 1,767 Est. Cost $179.67 Unrealized —

SPXL DIREXION SHARES ETF TRUST 0.0%

Value $203K Shares 1,100 Est. Cost $184.89 Unrealized —

RXRX RECURSION PHARMACEUTICALS IN 0.0%

Value $46,050 Shares 15,000 Est. Cost $4.18 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XOM	EXXON MOBIL CORP	138,533	$23.5M	4.0%	$107.21	—	—	30231G102
HON	HONEYWELL INTL INC	54,940	$12.42M	2.1%	$129.30	—	—	438516106
MS	MORGAN STANLEY	1,767	$291K	0.0%	$179.67	—	—	617446448
SPXL	DIREXION SHARES ETF TRUST	1,100	$203K	0.0%	$184.89	—	—	25459W862
RXRX	RECURSION PHARMACEUTICALS IN	15,000	$46,050	0.0%	$4.18	—	—	75629V104

Decreased Positions (12)

GOOGL ALPHABET INC 9.5%

Value $56.46M (+22.1%) Shares 158,000 (-1.7%) Est. Cost $107.83 Unrealized —

JPM JPMORGAN CHASE & CO 4.7%

Value $27.9M (+8.6%) Shares 85,227 (-2.4%) Est. Cost $76.67 Unrealized —

DVY ISHARES TR 0.1%

Value $735K (-44.3%) Shares 4,701 (-46.0%) Est. Cost $112.86 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.8%

Value $4.538M (+13.6%) Shares 6,078 (-1.1%) Est. Cost $359.65 Unrealized —

CVX CHEVRON CORPORATION 0.2%

Value $951K (-21.2%) Shares 5,736 (-1.7%) Est. Cost $107.47 Unrealized —

BAC BANK OF AMER CORP 0.2%

Value $1.098M (+15.7%) Shares 19,277 (-1.0%) Est. Cost $25.83 Unrealized —

BA BOEING CO 0.1%

Value $596K (-19.1%) Shares 2,755 (-25.6%) Est. Cost $209.63 Unrealized —

WULF TERAWULF INC 0.1%

Value $408K (+41.2%) Shares 16,500 (-17.5%) Est. Cost $4.46 Unrealized —

NVDA NVIDIA CORPORATION 0.4%

Value $2.361M (+3.8%) Shares 11,800 (-9.5%) Est. Cost $122.08 Unrealized —

TSLA TESLA INC 0.1%

Value $309K (-15.6%) Shares 734 (-25.4%) Est. Cost $181.53 Unrealized —

IYY ISHARES TR 0.1%

Value $333K (+6.0%) Shares 1,827 (-7.8%) Est. Cost $87.81 Unrealized —

VXUS VANGUARD STAR FDS 0.0%

Value $236K (+7.6%) Shares 2,766 (-2.9%) Est. Cost $75.52 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	158,000 (-1.7%)	$56.46M (+22.1%)	9.5%	$107.83	—	CAP STK CL A	02079K305
JPM	JPMORGAN CHASE & CO	85,227 (-2.4%)	$27.9M (+8.6%)	4.7%	$76.67	—	COM	46625H100
DVY	ISHARES TR	4,701 (-46.0%)	$735K (-44.3%)	0.1%	$112.86	—	SELECT DIVID ETF	464287168
SPY	STATE STR SPDR S&P 500 ETF T	6,078 (-1.1%)	$4.538M (+13.6%)	0.8%	$359.65	—	TR UNIT	78462F103
CVX	CHEVRON CORPORATION	5,736 (-1.7%)	$951K (-21.2%)	0.2%	$107.47	—	COM	166764100
BAC	BANK OF AMER CORP	19,277 (-1.0%)	$1.098M (+15.7%)	0.2%	$25.83	—	COM	060505104
BA	BOEING CO	2,755 (-25.6%)	$596K (-19.1%)	0.1%	$209.63	—	COM	097023105
WULF	TERAWULF INC	16,500 (-17.5%)	$408K (+41.2%)	0.1%	$4.46	—	COM	88080T104
NVDA	NVIDIA CORPORATION	11,800 (-9.5%)	$2.361M (+3.8%)	0.4%	$122.08	—	COM	67066G104
TSLA	TESLA INC	734 (-25.4%)	$309K (-15.6%)	0.1%	$181.53	—	COM	88160R101
IYY	ISHARES TR	1,827 (-7.8%)	$333K (+6.0%)	0.1%	$87.81	—	DOW JONES US ETF	464287846
VXUS	VANGUARD STAR FDS	2,766 (-2.9%)	$236K (+7.6%)	0.0%	$75.52	—	VG TL INTL STK F	921909768

Unchanged Positions (60)

IWM ISHARES TR 5.8%

Value $34.32M Shares 114,212 Est. Cost $176.80 Unrealized —

AAPL APPLE INC 8.1%

Value $47.85M Shares 165,348 Est. Cost $88.42 Unrealized —

XBI SPDR SERIES TRUST 3.0%

Value $17.61M Shares 111,283 Est. Cost $108.79 Unrealized —

WMT WALMART INC 4.0%

Value $23.59M Shares 208,255 Est. Cost $48.57 Unrealized —

PSA PUBLIC STORAGE 2.4%

Value $14.07M Shares 44,196 Est. Cost $201.16 Unrealized —

SLB SLB LIMITED 2.0%

Value $12.15M Shares 261,324 Est. Cost $44.57 Unrealized —

MRK MERCK & CO INC 2.7%

Value $15.88M Shares 123,674 Est. Cost $49.59 Unrealized —

MCD MCDONALDS CORP 1.1%

Value $6.572M Shares 24,312 Est. Cost $176.48 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 3.4%

Value $20.07M Shares 40,143 Est. Cost $173.46 Unrealized —

JNJ JOHNSON & JOHNSON 3.3%

Value $19.57M Shares 77,066 Est. Cost $96.66 Unrealized —

HD HOME DEPOT INC 1.6%

Value $9.797M Shares 27,779 Est. Cost $355.26 Unrealized —

ROIV ROIVANT SCIENCES LTD 0.5%

Value $3.193M Shares 90,228 Est. Cost $3.87 Unrealized —

ADPT ADAPTIVE BIOTECHNOLOGIES COR 0.3%

Value $1.931M Shares 90,000 Est. Cost $27.89 Unrealized —

AMZN AMAZON COM INC 0.9%

Value $5.085M Shares 21,337 Est. Cost $142.41 Unrealized —

GD GENERAL DYNAMICS CORP 3.0%

Value $17.74M Shares 50,085 Est. Cost $128.65 Unrealized —

DBMF LITMAN GREGORY FDS TR 5.5%

Value $32.58M Shares 1,064,312 Est. Cost $30.15 Unrealized —

AMT AMERICAN TOWER CORP 1.6%

Value $9.665M Shares 59,087 Est. Cost $167.98 Unrealized —

WM WASTE MGMT INC DEL 2.8%

Value $16.81M Shares 75,437 Est. Cost $100.44 Unrealized —

CSCO CISCO SYS INC 0.2%

Value $1.118M Shares 9,522 Est. Cost $34.32 Unrealized —

XLE SELECT SECTOR SPDR TR 0.2%

Value $1.182M Shares 22,254 Est. Cost $58.28 Unrealized —

PG PROCTER & GAMBLE CO 1.5%

Value $8.63M Shares 58,922 Est. Cost $91.58 Unrealized —

MSFT MICROSOFT CORP 4.9%

Value $29.22M Shares 78,332 Est. Cost $73.26 Unrealized —

PLTR PALANTIR TECHNOLOGIES INC 0.1%

Value $555K Shares 4,759 Est. Cost $15.71 Unrealized —

BP BP PLC 0.1%

Value $480K Shares 12,984 Est. Cost $36.41 Unrealized —

SH PROSHARES TR 0.1%

Value $759K Shares 23,000 Est. Cost $37.93 Unrealized —

GLD SPDR GOLD TR 0.1%

Value $578K Shares 1,570 Est. Cost $161.86 Unrealized —

GOOG ALPHABET INC 0.1%

Value $499K Shares 1,413 Est. Cost $146.56 Unrealized —

LYG LLOYDS BANKING GROUP PLC 0.1%

Value $641K Shares 110,000 Est. Cost $1.62 Unrealized —

CMI CUMMINS INC 0.1%

Value $357K Shares 500 Est. Cost $380.68 Unrealized —

UNP UNION PAC CORP 0.1%

Value $715K Shares 2,630 Est. Cost $77.58 Unrealized —

NOC NORTHROP GRUMMAN CORP 0.0%

Value $224K Shares 440 Est. Cost $495.16 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value $573K Shares 834 Est. Cost $597.55 Unrealized —

SHY ISHARES TR 5.4%

Value $32.31M Shares 393,457 Est. Cost $82.54 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value $465K Shares 1,257 Est. Cost $289.66 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.1%

Value $385K Shares 381 Est. Cost $544.86 Unrealized —

PEG PUBLIC SVC ENTERPRISE GROUP 1.6%

Value $9.748M Shares 120,107 Est. Cost $48.51 Unrealized —

B BARRICK MNG CORP 0.1%

Value $509K Shares 13,857 Est. Cost $20.30 Unrealized —

PEP PEPSICO INC 0.1%

Value $315K Shares 2,324 Est. Cost $103.10 Unrealized —

ABR ARBOR REALTY TRUST INC 0.0%

Value $108K Shares 20,000 Est. Cost $4.85 Unrealized —

NLR VANECK ETF TRUST 0.0%

Value $265K Shares 2,281 Est. Cost $113.63 Unrealized —

VNQ VANGUARD INDEX FDS 0.1%

Value $482K Shares 5,000 Est. Cost $68.40 Unrealized —

DIS DISNEY WALT CO 1.1%

Value $6.65M Shares 69,110 Est. Cost $117.32 Unrealized —

EWJ ISHARES INC 0.1%

Value $397K Shares 4,256 Est. Cost $80.21 Unrealized —

FEZ SPDR INDEX SHS FDS 0.1%

Value $388K Shares 5,649 Est. Cost $62.12 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 0.0%

Value $207K Shares 4,538 Est. Cost $63.17 Unrealized —

V VISA INC 0.0%

Value $256K Shares 745 Est. Cost $267.71 Unrealized —

IBB ISHARES TR 0.0%

Value $233K Shares 1,227 Est. Cost $168.77 Unrealized —

NMRK NEWMARK GROUP INC 0.4%

Value $2.532M Shares 167,563 Est. Cost $12.24 Unrealized —

PSX PHILLIPS 66 0.0%

Value $254K Shares 1,500 Est. Cost $147.11 Unrealized —

CGAU CENTERRA GOLD INC 0.0%

Value $162K Shares 10,200 Est. Cost $3.34 Unrealized —

MO ALTRIA GROUP INC 0.0%

Value $230K Shares 3,200 Est. Cost $63.03 Unrealized —

CVE CENOVUS ENERGY INC 0.0%

Value $248K Shares 10,000 Est. Cost $6.25 Unrealized —

IEI ISHARES TR 0.2%

Value $910K Shares 7,750 Est. Cost $116.05 Unrealized —

BLK BLACKROCK INC 2.6%

Value $15.25M Shares 15,857 Est. Cost $987.37 Unrealized —

COST COSTCO WHOLESALE CORPORATION 0.0%

Value $204K Shares 218 Est. Cost $963.77 Unrealized —

META META PLATFORMS INC 0.1%

Value $459K Shares 815 Est. Cost $483.76 Unrealized —

PLAY DAVE & BUSTERS ENTMT INC 0.0%

Value $115K Shares 10,083 Est. Cost $16.73 Unrealized —

RITM RITHM CAPITAL CORP 0.1%

Value $301K Shares 32,031 Est. Cost $10.51 Unrealized —

— BLACKROCK MUN TARGET TERM TR 0.0%

Value $296K Shares 13,000 Est. Cost $20.80 Unrealized —

BSCQ INVESCO EXCH TRD SLF IDX FD 0.1%

Value $316K Shares 16,187 Est. Cost $19.18 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	114,212	$34.32M	5.8%	$176.80	—	RUSSELL 2000 ETF	464287655
AAPL	APPLE INC	165,348	$47.85M	8.1%	$88.42	—	COM	037833100
XBI	SPDR SERIES TRUST	111,283	$17.61M	3.0%	$108.79	—	ST STR SP BIOT	78464A870
WMT	WALMART INC	208,255	$23.59M	4.0%	$48.57	—	COM	931142103
PSA	PUBLIC STORAGE	44,196	$14.07M	2.4%	$201.16	—	COM	74460D109
SLB	SLB LIMITED	261,324	$12.15M	2.0%	$44.57	—	COM STK	806857108
MRK	MERCK & CO INC	123,674	$15.88M	2.7%	$49.59	—	COM	58933Y105
MCD	MCDONALDS CORP	24,312	$6.572M	1.1%	$176.48	—	COM	580135101
BRK/B	BERKSHIRE HATHAWAY INC DEL	40,143	$20.07M	3.4%	$173.46	—	CL B NEW	084670702
JNJ	JOHNSON & JOHNSON	77,066	$19.57M	3.3%	$96.66	—	COM	478160104
HD	HOME DEPOT INC	27,779	$9.797M	1.6%	$355.26	—	COM	437076102
ROIV	ROIVANT SCIENCES LTD	90,228	$3.193M	0.5%	$3.87	—	SHS	G76279101
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	90,000	$1.931M	0.3%	$27.89	—	COM	00650F109
AMZN	AMAZON COM INC	21,337	$5.085M	0.9%	$142.41	—	COM	023135106
GD	GENERAL DYNAMICS CORP	50,085	$17.74M	3.0%	$128.65	—	COM	369550108
DBMF	LITMAN GREGORY FDS TR	1,064,312	$32.58M	5.5%	$30.15	—	IMGP DBI MAN ETF	53700T827
AMT	AMERICAN TOWER CORP	59,087	$9.665M	1.6%	$167.98	—	COM	03027X100
WM	WASTE MGMT INC DEL	75,437	$16.81M	2.8%	$100.44	—	COM	94106L109
CSCO	CISCO SYS INC	9,522	$1.118M	0.2%	$34.32	—	COM	17275R102
XLE	SELECT SECTOR SPDR TR	22,254	$1.182M	0.2%	$58.28	—	ST STR ENERG ETF	81369Y506
PG	PROCTER & GAMBLE CO	58,922	$8.63M	1.5%	$91.58	—	COM	742718109
MSFT	MICROSOFT CORP	78,332	$29.22M	4.9%	$73.26	—	COM	594918104
PLTR	PALANTIR TECHNOLOGIES INC	4,759	$555K	0.1%	$15.71	—	CL A	69608A108
BP	BP PLC	12,984	$480K	0.1%	$36.41	—	SPONSORED ADR	055622104
SH	PROSHARES TR	23,000	$759K	0.1%	$37.93	—	SHOR S&P 500 NEW	74349Y753
GLD	SPDR GOLD TR	1,570	$578K	0.1%	$161.86	—	GOLD SHS	78463V107
GOOG	ALPHABET INC	1,413	$499K	0.1%	$146.56	—	CAP STK CL C	02079K107
LYG	LLOYDS BANKING GROUP PLC	110,000	$641K	0.1%	$1.62	—	SPONSORED ADR	539439109
CMI	CUMMINS INC	500	$357K	0.1%	$380.68	—	COM	231021106
UNP	UNION PAC CORP	2,630	$715K	0.1%	$77.58	—	COM	907818108
NOC	NORTHROP GRUMMAN CORP	440	$224K	0.0%	$495.16	—	COM	666807102
VOO	VANGUARD INDEX FDS	834	$573K	0.1%	$597.55	—	S&P 500 ETF SHS	922908363
SHY	ISHARES TR	393,457	$32.31M	5.4%	$82.54	—	1 3 YR TREAS BD	464287457
VTI	VANGUARD INDEX FDS	1,257	$465K	0.1%	$289.66	—	TOTAL STK MKT	922908769
GS	GOLDMAN SACHS GROUP INC	381	$385K	0.1%	$544.86	—	COM	38141G104
PEG	PUBLIC SVC ENTERPRISE GROUP	120,107	$9.748M	1.6%	$48.51	—	COM	744573106
B	BARRICK MNG CORP	13,857	$509K	0.1%	$20.30	—	COM SHS	06849F108
PEP	PEPSICO INC	2,324	$315K	0.1%	$103.10	—	COM	713448108
ABR	ARBOR REALTY TRUST INC	20,000	$108K	0.0%	$4.85	—	COM	038923108
NLR	VANECK ETF TRUST	2,281	$265K	0.0%	$113.63	—	URANI NUCLE ETF	92189F601
VNQ	VANGUARD INDEX FDS	5,000	$482K	0.1%	$68.40	—	REAL ESTATE ETF	922908553
DIS	DISNEY WALT CO	69,110	$6.65M	1.1%	$117.32	—	COM	254687106
EWJ	ISHARES INC	4,256	$397K	0.1%	$80.21	—	MSCI JAPAN ETF	46434G822
FEZ	SPDR INDEX SHS FDS	5,649	$388K	0.1%	$62.12	—	ST STR EU 50 ETF	78463X202
GBTC	GRAYSCALE BITCOIN TRUST ETF	4,538	$207K	0.0%	$63.17	—	SHS REP COM UT	389637109
V	VISA INC	745	$256K	0.0%	$267.71	—	COM CL A	92826C839
IBB	ISHARES TR	1,227	$233K	0.0%	$168.77	—	ISHARES BIOTECH	464287556
NMRK	NEWMARK GROUP INC	167,563	$2.532M	0.4%	$12.24	—	CL A	65158N102
PSX	PHILLIPS 66	1,500	$254K	0.0%	$147.11	—	COM	718546104
CGAU	CENTERRA GOLD INC	10,200	$162K	0.0%	$3.34	—	COM	152006102
MO	ALTRIA GROUP INC	3,200	$230K	0.0%	$63.03	—	COM	02209S103
CVE	CENOVUS ENERGY INC	10,000	$248K	0.0%	$6.25	—	COM	15135U109
IEI	ISHARES TR	7,750	$910K	0.2%	$116.05	—	3 7 YR TREAS BD	464288661
BLK	BLACKROCK INC	15,857	$15.25M	2.6%	$987.37	—	COM	09290D101
COST	COSTCO WHOLESALE CORPORATION	218	$204K	0.0%	$963.77	—	COM	22160K105
META	META PLATFORMS INC	815	$459K	0.1%	$483.76	—	CL A	30303M102
PLAY	DAVE & BUSTERS ENTMT INC	10,083	$115K	0.0%	$16.73	—	COM	238337109
RITM	RITHM CAPITAL CORP	32,031	$301K	0.1%	$10.51	—	COM NEW	64828T201
—	BLACKROCK MUN TARGET TERM TR	13,000	$296K	0.0%	$20.80	—	COM SHS BEN IN	09257P105
BSCQ	INVESCO EXCH TRD SLF IDX FD	16,187	$316K	0.1%	$19.18	—	BULSHS 2026 CB	46138J791