Black Maple Capital Management LP Hedge Fund

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ODV	OSISKO DEVELOPMENT CORP	1,618,010	$5,647	4.0%	$3.44	0.0%	COM NEW	68828E809
EOG	EOG RES INC	29,000	$3,045	2.1%	$107.22	0.0%	COM	26875P101
ALK	ALASKA AIR GROUP INC	56,500	$2,842	2.0%	$46.23	0.0%	COM	011659109
BAC	BANK AMERICA CORP	34,300	$1,887	1.3%	$52.67	0.0%	COM	060505104
AMZN	AMAZON COM INC	3,220	$743	0.5%	$228.79	0.0%	COM	023135106
NOG	NORTHERN OIL & GAS INC	33,600	$721	0.5%	$22.43	0.0%	COM	665531307
INR	INFINITY NAT RES INC	48,928	$721	0.5%	$13.11	0.0%	COM CL A	456941103
GDXJ	VANECK ETF TRUST	6,050	$688	0.5%	$113.78	—	JUNIOR GOLD MINE	92189F791
SIMO	SILICON MOTION TECHNOLOGY CO	7,300	$677	0.5%	$92.70	—	SPONSORED ADR	82706C108
GLD	SPDR GOLD TR	1,100	$436	0.3%	$396.31	—	GOLD SHS	78463V107
SM	SM ENERGY CO	23,000	$430	0.3%	$20.02	0.0%	COM	78454L100
DOC	HEALTHPEAK PROPERTIES INC	25,000	$402	0.3%	$17.46	0.0%	COM	42250P103
TSLA	TESLA INC	785	$353	0.2%	$443.29	0.0%	COM	88160R101
IBCP	INDEPENDENT BK CORP MICH	10,769	$350	0.2%	$31.79	0.0%	COM NEW	453838609
FFBC	FIRST FINL BANCORP OH	12,500	$313	0.2%	$24.80	0.0%	COM	320209109
KWEB	KRANESHARES TRUST	9,000	$306	0.2%	$34.05	—	CSI CHI INTERNET	500767306
KMB	KIMBERLY-CLARK CORP	3,000	$303	0.2%	$108.41	0.0%	COM	494368103
FSUN	FIRSTSUN CAP BANCORP	6,340	$239	0.2%	$36.42	0.0%	COM	33767U107
CHCT	COMMUNITY HEALTHCARE TR INC	11,340	$186	0.1%	$16.42	—	COM	20369C106
SMR	NUSCALE PWR CORP	13,000	$184	0.1%	$28.60	0.0%	CL A COM	67079K100
GSBD	GOLDMAN SACHS BDC INC	10,000	$93	0.1%	$9.81	0.0%	SHS	38147U107

Increased Positions (24)

HBAN HUNTINGTON BANCSHARES INC 5.2%

Value ($000) $7,466 (+711.1%) Shares 430,300 (+707.3%) Est. Cost $16.35 Unrealized -0.4%

WAL WESTERN ALLIANCE BANCORP 6.5%

Value ($000) $9,313 (+97.1%) Shares 110,776 (+103.3%) Est. Cost $82.72 Unrealized -2.5%

OZK BANK OZK LITTLE ROCK ARK 3.0%

Value ($000) $4,265 (+1991.4%) Shares 92,672 (+2216.8%) Est. Cost $46.43 Unrealized -0.4%

BANC BANC OF CALIFORNIA INC 2.3%

Value ($000) $3,330 (+109.0%) Shares 172,612 (+79.3%) Est. Cost $15.05 Unrealized +18.6%

UBER UBER TECHNOLOGIES INC 3.3%

Value ($000) $4,698 (+37.0%) Shares 57,500 (+64.3%) Est. Cost $91.48 Unrealized -1.6%

— SYNOVUS FINL CORP 1.4%

Value ($000) $1,987 (+77.6%) Shares 39,700 (+74.1%) Est. Cost $49.49 Unrealized —

EWU ISHARES TR 2.1%

Value ($000) $2,973 (+38.3%) Shares 67,610 (+32.0%) Est. Cost $37.82 Unrealized —

META META PLATFORMS INC 2.7%

Value ($000) $3,908 (+21.8%) Shares 5,920 (+35.5%) Est. Cost $637.85 Unrealized +4.6%

MDY SPDR S&P MIDCAP 400 ETF TR 0.8%

Value ($000) $1,207 (+102.4%) Shares 2,000 (+100.0%) Est. Cost $586.43 Unrealized —

ODV OSISKO DEVELOPMENT CORP 0.6%

Value ($000) $871 (+128.1%) Shares 249,700 (+121.6%) Est. Cost $3.44 Unrealized 0.0%

DDI DOUBLEDOWN INTERACTIVE CO LT 1.0%

Value ($000) $1,396 (+51.8%) Shares 161,768 (+64.3%) Est. Cost $9.13 Unrealized —

INDA ISHARES TR 1.1%

Value ($000) $1,622 (+35.4%) Shares 30,000 (+30.4%) Est. Cost $51.56 Unrealized —

EQT EQT CORP 3.7%

Value ($000) $5,255 (+8.1%) Shares 98,039 (+9.7%) Est. Cost $52.92 Unrealized +6.1%

ALRS ALERUS FINL CORP 0.4%

Value ($000) $553 (+128.2%) Shares 24,576 (+124.4%) Est. Cost $20.89 Unrealized +3.5%

BANC BANC OF CALIFORNIA INC 0.3%

Value ($000) $365 (+120.3%) Shares 18,900 (+89.0%) Est. Cost $15.05 Unrealized +18.6%

ADBE ADOBE INC 0.4%

Value ($000) $630 (+37.4%) Shares 1,800 (+38.5%) Est. Cost $404.08 Unrealized -15.8%

CRM SALESFORCE INC 0.3%

Value ($000) $397 (+67.7%) Shares 1,500 (+50.0%) Est. Cost $250.34 Unrealized -0.9%

KRE SPDR SERIES TRUST 0.5%

Value ($000) $681 (+26.5%) Shares 10,500 (+23.5%) Est. Cost $54.28 Unrealized —

SNFCA SECURITY NATL FINL CORP 0.2%

Value ($000) $217 (+94.9%) Shares 24,078 (+87.6%) Est. Cost $8.67 Unrealized -2.3%

STHO STAR HLDGS 0.1%

Value ($000) $213 (+30.7%) Shares 25,841 (+30.7%) Est. Cost $8.01 Unrealized -4.4%

MSOS ADVISORSHARES TR 0.2%

Value ($000) $307 (+16.5%) Shares 65,000 (+18.2%) Est. Cost $5.29 Unrealized —

BUSE FIRST BUSEY CORP 0.2%

Value ($000) $294 (+17.0%) Shares 12,359 (+13.8%) Est. Cost $21.21 Unrealized +9.4%

XLK SELECT SECTOR SPDR TR 0.5%

Value ($000) $651 (+2.2%) Shares 4,520 (+100.0%) Est. Cost $135.73 Unrealized —

BITF BITFARMS LTD 0.1%

Value ($000) $78 (-8.3%) Shares 33,000 (+10.0%) Est. Cost $2.42 Unrealized +41.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HBAN	HUNTINGTON BANCSHARES INC	430,300 (+707.3%)	$7,466 (+711.1%)	5.2%	$16.35	-0.4%	COM	446150104
WAL	WESTERN ALLIANCE BANCORP	110,776 (+103.3%)	$9,313 (+97.1%)	6.5%	$82.72	-2.5%	COM	957638109
OZK	BANK OZK LITTLE ROCK ARK	92,672 (+2216.8%)	$4,265 (+1991.4%)	3.0%	$46.43	-0.4%	COM	06417N103
BANC	BANC OF CALIFORNIA INC	172,612 (+79.3%)	$3,330 (+109.0%)	2.3%	$15.05	+18.6%	COM	05990K106
UBER	UBER TECHNOLOGIES INC	57,500 (+64.3%)	$4,698 (+37.0%)	3.3%	$91.48	-1.6%	COM	90353T100
—	SYNOVUS FINL CORP	39,700 (+74.1%)	$1,987 (+77.6%)	1.4%	$49.49	—	COM NEW	87161C501
EWU	ISHARES TR	67,610 (+32.0%)	$2,973 (+38.3%)	2.1%	$37.82	—	MSCI UK ETF NEW	46435G334
META	META PLATFORMS INC	5,920 (+35.5%)	$3,908 (+21.8%)	2.7%	$637.85	+4.6%	CL A	30303M102
MDY	SPDR S&P MIDCAP 400 ETF TR	2,000 (+100.0%)	$1,207 (+102.4%)	0.8%	$586.43	—	UTSER1 S&PDCRP	78467Y107
ODV	OSISKO DEVELOPMENT CORP	249,700 (+121.6%)	$871 (+128.1%)	0.6%	$3.44	0.0%	PUT	68828E809
DDI	DOUBLEDOWN INTERACTIVE CO LT	161,768 (+64.3%)	$1,396 (+51.8%)	1.0%	$9.13	—	ADS	25862B109
INDA	ISHARES TR	30,000 (+30.4%)	$1,622 (+35.4%)	1.1%	$51.56	—	MSCI INDIA ETF	46429B598
EQT	EQT CORP	98,039 (+9.7%)	$5,255 (+8.1%)	3.7%	$52.92	+6.1%	COM	26884L109
ALRS	ALERUS FINL CORP	24,576 (+124.4%)	$553 (+128.2%)	0.4%	$20.89	+3.5%	COM	01446U103
BANC	BANC OF CALIFORNIA INC	18,900 (+89.0%)	$365 (+120.3%)	0.3%	$15.05	+18.6%	CALL	05990K106
ADBE	ADOBE INC	1,800 (+38.5%)	$630 (+37.4%)	0.4%	$404.08	-15.8%	COM	00724F101
CRM	SALESFORCE INC	1,500 (+50.0%)	$397 (+67.7%)	0.3%	$250.34	-0.9%	COM	79466L302
KRE	SPDR SERIES TRUST	10,500 (+23.5%)	$681 (+26.5%)	0.5%	$54.28	—	STATE STREET SPD	78464A698
SNFCA	SECURITY NATL FINL CORP	24,078 (+87.6%)	$217 (+94.9%)	0.2%	$8.67	-2.3%	CL A NEW	814785309
STHO	STAR HLDGS	25,841 (+30.7%)	$213 (+30.7%)	0.1%	$8.01	-4.4%	SHS BEN INT	85512G106
MSOS	ADVISORSHARES TR	65,000 (+18.2%)	$307 (+16.5%)	0.2%	$5.29	—	PURE US CANNABIS	00768Y453
BUSE	FIRST BUSEY CORP	12,359 (+13.8%)	$294 (+17.0%)	0.2%	$21.21	+9.4%	COM NEW	319383204
XLK	SELECT SECTOR SPDR TR	4,520 (+100.0%)	$651 (+2.2%)	0.5%	$135.73	—	STATE STREET TEC	81369Y803
BITF	BITFARMS LTD	33,000 (+10.0%)	$78 (-8.3%)	0.1%	$2.42	+41.5%	COM	09173B107

Exited Positions (28)

— 89BIO INC 3.3%

Value ($000) $4,728 Shares 321,616 Est. Cost $14.70 Unrealized —

EXE EXPAND ENERGY CORPORATION 2.6%

Value ($000) $3,712 Shares 34,941 Est. Cost $99.11 Unrealized +11.6%

COLB COLUMBIA BKG SYS INC 2.0%

Value ($000) $2,851 Shares 110,760 Est. Cost $22.35 Unrealized +20.1%

LYFT LYFT INC 2.0%

Value ($000) $2,828 Shares 128,500 Est. Cost $14.01 Unrealized +48.4%

INTC INTEL CORP 0.8%

Value ($000) $1,074 Shares 32,000 Est. Cost $26.47 Unrealized +42.6%

CMA COMERICA INC 0.7%

Value ($000) $1,014 Shares 14,800 Est. Cost $58.91 Unrealized +35.8%

IEF ISHARES TR 0.7%

Value ($000) $965 Shares 10,000 Est. Cost $94.29 Unrealized —

GDX VANECK ETF TRUST 0.7%

Value ($000) $932 Shares 12,200 Est. Cost — Unrealized —

INTC INTEL CORP 0.6%

Value ($000) $906 Shares 27,000 Est. Cost $26.47 Unrealized +42.6%

EWU ISHARES TR 0.6%

Value ($000) $856 Shares 20,400 Est. Cost $37.82 Unrealized —

NVO NOVO-NORDISK A S 0.5%

Value ($000) $666 Shares 11,999 Est. Cost $55.49 Unrealized —

LYFT LYFT INC 0.4%

Value ($000) $573 Shares 26,039 Est. Cost $14.01 Unrealized +48.4%

NVO NOVO-NORDISK A S 0.4%

Value ($000) $555 Shares 10,000 Est. Cost $55.49 Unrealized —

SYF SYNCHRONY FINANCIAL 0.4%

Value ($000) $533 Shares 7,500 Est. Cost $72.04 Unrealized +5.9%

INDA ISHARES TR 0.4%

Value ($000) $521 Shares 10,000 Est. Cost $51.56 Unrealized —

MU MICRON TECHNOLOGY INC 0.4%

Value ($000) $519 Shares 3,100 Est. Cost $101.41 Unrealized +126.2%

PEBO PEOPLES BANCORP INC 0.3%

Value ($000) $384 Shares 12,793 Est. Cost $30.31 Unrealized -2.0%

GDXJ VANECK ETF TRUST 0.2%

Value ($000) $248 Shares 2,500 Est. Cost $113.78 Unrealized —

CWBC COMMUNITY WEST BANCSHARES NE 0.2%

Value ($000) $225 Shares 10,805 Est. Cost $17.41 Unrealized +25.0%

CARE CARTER BANKSHARES INC 0.1%

Value ($000) $194 Shares 10,000 Est. Cost $17.15 Unrealized +8.7%

XLE SELECT SECTOR SPDR TR 0.1%

Value ($000) $179 Shares 2,000 Est. Cost $84.68 Unrealized —

XLE SELECT SECTOR SPDR TR 0.1%

Value ($000) $179 Shares 2,000 Est. Cost $84.68 Unrealized —

FFWM FIRST FNDTN INC 0.1%

Value ($000) $170 Shares 30,431 Est. Cost $5.36 Unrealized +4.4%

BTBT BIT DIGITAL INC 0.1%

Value ($000) $150 Shares 50,000 Est. Cost $2.21 Unrealized +30.9%

BTBT BIT DIGITAL INC 0.1%

Value ($000) $120 Shares 40,000 Est. Cost $2.21 Unrealized +30.9%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $109 Shares 1,300 Est. Cost $65.50 Unrealized +33.5%

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $84 Shares 1,000 Est. Cost $65.50 Unrealized +33.5%

SGRP SPAR GROUP INC 0.0%

Value ($000) $28 Shares 27,466 Est. Cost $1.94 Unrealized -50.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	89BIO INC	321,616	$4,728	3.3%	$14.70	—	—	282559103
EXE	EXPAND ENERGY CORPORATION	34,941	$3,712	2.6%	$99.11	+11.6%	—	165167735
COLB	COLUMBIA BKG SYS INC	110,760	$2,851	2.0%	$22.35	+20.1%	—	197236102
LYFT	LYFT INC	128,500	$2,828	2.0%	$14.01	+48.4%	PUT	55087P104
INTC	INTEL CORP	32,000	$1,074	0.8%	$26.47	+42.6%	—	458140100
CMA	COMERICA INC	14,800	$1,014	0.7%	$58.91	+35.8%	—	200340107
IEF	ISHARES TR	10,000	$965	0.7%	$94.29	—	—	464287440
GDX	VANECK ETF TRUST	12,200	$932	0.7%	—	—	PUT	92189F106
INTC	INTEL CORP	27,000	$906	0.6%	$26.47	+42.6%	PUT	458140100
EWU	ISHARES TR	20,400	$856	0.6%	$37.82	—	CALL	46435G334
NVO	NOVO-NORDISK A S	11,999	$666	0.5%	$55.49	—	—	670100205
LYFT	LYFT INC	26,039	$573	0.4%	$14.01	+48.4%	—	55087P104
NVO	NOVO-NORDISK A S	10,000	$555	0.4%	$55.49	—	PUT	670100205
SYF	SYNCHRONY FINANCIAL	7,500	$533	0.4%	$72.04	+5.9%	—	87165B103
INDA	ISHARES TR	10,000	$521	0.4%	$51.56	—	CALL	46429B598
MU	MICRON TECHNOLOGY INC	3,100	$519	0.4%	$101.41	+126.2%	PUT	595112103
PEBO	PEOPLES BANCORP INC	12,793	$384	0.3%	$30.31	-2.0%	—	709789101
GDXJ	VANECK ETF TRUST	2,500	$248	0.2%	$113.78	—	PUT	92189F791
CWBC	COMMUNITY WEST BANCSHARES NE	10,805	$225	0.2%	$17.41	+25.0%	—	203937107
CARE	CARTER BANKSHARES INC	10,000	$194	0.1%	$17.15	+8.7%	—	146103106
XLE	SELECT SECTOR SPDR TR	2,000	$179	0.1%	$84.68	—	PUT	81369Y506
XLE	SELECT SECTOR SPDR TR	2,000	$179	0.1%	$84.68	—	—	81369Y506
FFWM	FIRST FNDTN INC	30,431	$170	0.1%	$5.36	+4.4%	—	32026V104
BTBT	BIT DIGITAL INC	50,000	$150	0.1%	$2.21	+30.9%	—	G1144A105
BTBT	BIT DIGITAL INC	40,000	$120	0.1%	$2.21	+30.9%	PUT	G1144A105
MRVL	MARVELL TECHNOLOGY INC	1,300	$109	0.1%	$65.50	+33.5%	CALL	573874104
MRVL	MARVELL TECHNOLOGY INC	1,000	$84	0.1%	$65.50	+33.5%	PUT	573874104
SGRP	SPAR GROUP INC	27,466	$28	0.0%	$1.94	-50.5%	—	784933103

Decreased Positions (21)

SPY SPDR S&P 500 ETF TR 5.2%

Value ($000) $7,501 (-86.7%) Shares 11,000 (-87.0%) Est. Cost $443.22 Unrealized —

AR ANTERO RESOURCES CORP 0.4%

Value ($000) $555 (-95.2%) Shares 16,100 (-95.4%) Est. Cost $35.75 Unrealized -5.3%

SPY SPDR S&P 500 ETF TR 13.6%

Value ($000) $19,491 (-30.8%) Shares 28,583 (-32.4%) Est. Cost $443.22 Unrealized —

USB US BANCORP DEL 0.3%

Value ($000) $427 (-93.3%) Shares 8,000 (-93.9%) Est. Cost $46.24 Unrealized +5.4%

GLD SPDR GOLD TR 0.1%

Value ($000) $198 (-94.4%) Shares 500 (-95.0%) Est. Cost $396.31 Unrealized —

MU MICRON TECHNOLOGY INC 0.2%

Value ($000) $285 (-86.6%) Shares 1,000 (-92.1%) Est. Cost $101.41 Unrealized +126.2%

MBIN MERCHANTS BANCORP IND 2.0%

Value ($000) $2,796 (-31.9%) Shares 82,092 (-36.4%) Est. Cost $36.59 Unrealized -10.4%

BUR BURFORD CAP LTD 0.3%

Value ($000) $434 (-69.9%) Shares 48,662 (-59.6%) Est. Cost $13.45 Unrealized -27.2%

NECB NORTHEAST CMNTY BANCORP INC 0.5%

Value ($000) $687 (-39.5%) Shares 30,371 (-44.9%) Est. Cost $23.50 Unrealized -11.0%

DHC DIVERSIFIED HEALTHCARE TR 0.0%

Value ($000) $66 (-84.7%) Shares 13,684 (-86.1%) Est. Cost $2.47 Unrealized —

LIEN CHICAGO ATLANTIC BDC INC 1.0%

Value ($000) $1,404 (-14.6%) Shares 135,920 (-13.2%) Est. Cost $9.38 Unrealized +8.1%

FNWD FINWARD BANCORP 0.5%

Value ($000) $748 (-22.4%) Shares 21,242 (-29.2%) Est. Cost $24.85 Unrealized +41.3%

NXE NEXGEN ENERGY LTD 0.4%

Value ($000) $609 (-21.1%) Shares 66,200 (-23.2%) Est. Cost $6.08 Unrealized +45.2%

RSP INVESCO EXCHANGE TRADED FD T 4.7%

Value ($000) $6,714 (-1.8%) Shares 35,050 (-2.8%) Est. Cost $176.25 Unrealized —

CZWI CITIZENS CMNTY BANCORP INC M 0.1%

Value ($000) $209 (-36.2%) Shares 11,718 (-42.5%) Est. Cost $12.47 Unrealized +33.8%

MRVL MARVELL TECHNOLOGY INC 0.6%

Value ($000) $800 (-10.2%) Shares 9,416 (-11.2%) Est. Cost $65.50 Unrealized +33.5%

EWP ISHARES INC 0.2%

Value ($000) $323 (-18.3%) Shares 6,000 (-25.0%) Est. Cost $32.17 Unrealized —

TECK TECK RESOURCES LTD 0.2%

Value ($000) $273 (-19.2%) Shares 5,700 (-26.0%) Est. Cost $41.47 Unrealized +4.4%

OSBC OLD SECOND BANCORP INC ILL 0.7%

Value ($000) $956 (+5.3%) Shares 49,000 (-6.7%) Est. Cost $14.39 Unrealized +29.3%

— PINNACLE FINL PARTNERS INC 5.2%

Value ($000) $7,495 (+0.4%) Shares 78,559 (-1.4%) Est. Cost $93.79 Unrealized —

LAR LITHIUM ARGENTINA AG 0.1%

Value ($000) $113 (+11.7%) Shares 20,191 (-33.1%) Est. Cost $2.52 Unrealized +88.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	11,000 (-87.0%)	$7,501 (-86.7%)	5.2%	$443.22	—	PUT	78462F103
AR	ANTERO RESOURCES CORP	16,100 (-95.4%)	$555 (-95.2%)	0.4%	$35.75	-5.3%	COM	03674X106
SPY	SPDR S&P 500 ETF TR	28,583 (-32.4%)	$19,491 (-30.8%)	13.6%	$443.22	—	TR UNIT	78462F103
USB	US BANCORP DEL	8,000 (-93.9%)	$427 (-93.3%)	0.3%	$46.24	+5.4%	COM NEW	902973304
GLD	SPDR GOLD TR	500 (-95.0%)	$198 (-94.4%)	0.1%	$396.31	—	PUT	78463V107
MU	MICRON TECHNOLOGY INC	1,000 (-92.1%)	$285 (-86.6%)	0.2%	$101.41	+126.2%	COM	595112103
MBIN	MERCHANTS BANCORP IND	82,092 (-36.4%)	$2,796 (-31.9%)	2.0%	$36.59	-10.4%	COM	58844R108
BUR	BURFORD CAP LTD	48,662 (-59.6%)	$434 (-69.9%)	0.3%	$13.45	-27.2%	ORD SHS	G17977110
NECB	NORTHEAST CMNTY BANCORP INC	30,371 (-44.9%)	$687 (-39.5%)	0.5%	$23.50	-11.0%	COM	664121100
DHC	DIVERSIFIED HEALTHCARE TR	13,684 (-86.1%)	$66 (-84.7%)	0.0%	$2.47	—	COM SH BEN INT	25525P107
LIEN	CHICAGO ATLANTIC BDC INC	135,920 (-13.2%)	$1,404 (-14.6%)	1.0%	$9.38	+8.1%	COM	828174102
FNWD	FINWARD BANCORP	21,242 (-29.2%)	$748 (-22.4%)	0.5%	$24.85	+41.3%	COM	31812F109
NXE	NEXGEN ENERGY LTD	66,200 (-23.2%)	$609 (-21.1%)	0.4%	$6.08	+45.2%	COM	65340P106
RSP	INVESCO EXCHANGE TRADED FD T	35,050 (-2.8%)	$6,714 (-1.8%)	4.7%	$176.25	—	S&P500 EQL WGT	46137V357
CZWI	CITIZENS CMNTY BANCORP INC M	11,718 (-42.5%)	$209 (-36.2%)	0.1%	$12.47	+33.8%	COM	174903104
MRVL	MARVELL TECHNOLOGY INC	9,416 (-11.2%)	$800 (-10.2%)	0.6%	$65.50	+33.5%	COM	573874104
EWP	ISHARES INC	6,000 (-25.0%)	$323 (-18.3%)	0.2%	$32.17	—	MSCI SPAIN ETF	464286764
TECK	TECK RESOURCES LTD	5,700 (-26.0%)	$273 (-19.2%)	0.2%	$41.47	+4.4%	CL B	878742204
OSBC	OLD SECOND BANCORP INC ILL	49,000 (-6.7%)	$956 (+5.3%)	0.7%	$14.39	+29.3%	COM	680277100
—	PINNACLE FINL PARTNERS INC	78,559 (-1.4%)	$7,495 (+0.4%)	5.2%	$93.79	—	COM	72346Q104
LAR	LITHIUM ARGENTINA AG	20,191 (-33.1%)	$113 (+11.7%)	0.1%	$2.52	+88.2%	COM SHS	H5012F103

Unchanged Positions (20)

GOOG ALPHABET INC 0.9%

Value ($000) $1,255 Shares 4,000 Est. Cost $182.46 Unrealized +56.9%

GOOGL ALPHABET INC 0.9%

Value ($000) $1,252 Shares 4,000 Est. Cost $180.70 Unrealized +58.1%

FCX FREEPORT-MCMORAN INC 0.4%

Value ($000) $609 Shares 12,000 Est. Cost $38.49 Unrealized +12.5%

XME SPDR SERIES TRUST 0.8%

Value ($000) $1,088 Shares 10,500 Est. Cost $43.06 Unrealized —

SGML SIGMA LITHIUM CORPORATION 0.1%

Value ($000) $188 Shares 14,286 Est. Cost $22.80 Unrealized -62.2%

LNSR LENSAR INC 1.0%

Value ($000) $1,365 Shares 117,340 Est. Cost $12.37 Unrealized -7.8%

FEZ SPDR INDEX SHS FDS 1.4%

Value ($000) $2,048 Shares 31,800 Est. Cost $47.81 Unrealized —

EIDO ISHARES TR 0.7%

Value ($000) $1,068 Shares 57,104 Est. Cost $19.04 Unrealized —

SITC SITE CTRS CORP 0.1%

Value ($000) $154 Shares 24,000 Est. Cost $9.01 Unrealized —

DELL DELL TECHNOLOGIES INC 0.3%

Value ($000) $378 Shares 3,000 Est. Cost $129.18 Unrealized +9.0%

KCCA KRANESHARES TRUST 1.2%

Value ($000) $1,774 Shares 105,517 Est. Cost $15.92 Unrealized —

FVCB FVCBANKCORP INC 0.2%

Value ($000) $333 Shares 23,971 Est. Cost $11.04 Unrealized +15.2%

EWJ ISHARES INC 2.2%

Value ($000) $3,162 Shares 39,159 Est. Cost $61.49 Unrealized —

ASC ARDMORE SHIPPING CORP 0.1%

Value ($000) $106 Shares 10,000 Est. Cost $13.17 Unrealized -9.7%

DHC DIVERSIFIED HEALTHCARE TR 0.1%

Value ($000) $123 Shares 25,300 Est. Cost $2.47 Unrealized —

XLC SELECT SECTOR SPDR TR 0.9%

Value ($000) $1,291 Shares 10,970 Est. Cost $47.99 Unrealized —

IBTH ISHARES TR 0.3%

Value ($000) $449 Shares 20,000 Est. Cost $22.50 Unrealized —

IGSB ISHARES TR 0.2%

Value ($000) $264 Shares 5,000 Est. Cost $49.82 Unrealized —

IBTI ISHARES TR 0.3%

Value ($000) $447 Shares 20,000 Est. Cost $22.37 Unrealized —

IBTJ ISHARES TR 0.2%

Value ($000) $219 Shares 10,000 Est. Cost $21.95 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOG	ALPHABET INC	4,000	$1,255	0.9%	$182.46	+56.9%	CAP STK CL C	02079K107
GOOGL	ALPHABET INC	4,000	$1,252	0.9%	$180.70	+58.1%	CAP STK CL A	02079K305
FCX	FREEPORT-MCMORAN INC	12,000	$609	0.4%	$38.49	+12.5%	CL B	35671D857
XME	SPDR SERIES TRUST	10,500	$1,088	0.8%	$43.06	—	STATE STREET SPD	78464A755
SGML	SIGMA LITHIUM CORPORATION	14,286	$188	0.1%	$22.80	-62.2%	COM	826599102
LNSR	LENSAR INC	117,340	$1,365	1.0%	$12.37	-7.8%	COM	52634L108
FEZ	SPDR INDEX SHS FDS	31,800	$2,048	1.4%	$47.81	—	EURO STOXX 50	78463X202
EIDO	ISHARES TR	57,104	$1,068	0.7%	$19.04	—	MSCI INDONIA ETF	46429B309
SITC	SITE CTRS CORP	24,000	$154	0.1%	$9.01	—	COM	82981J851
DELL	DELL TECHNOLOGIES INC	3,000	$378	0.3%	$129.18	+9.0%	CL C	24703L202
KCCA	KRANESHARES TRUST	105,517	$1,774	1.2%	$15.92	—	CALIFORNIA CARB	500767553
FVCB	FVCBANKCORP INC	23,971	$333	0.2%	$11.04	+15.2%	COM	36120Q101
EWJ	ISHARES INC	39,159	$3,162	2.2%	$61.49	—	MSCI JAPAN ETF	46434G822
ASC	ARDMORE SHIPPING CORP	10,000	$106	0.1%	$13.17	-9.7%	COM	Y0207T100
DHC	DIVERSIFIED HEALTHCARE TR	25,300	$123	0.1%	$2.47	—	CALL	25525P107
XLC	SELECT SECTOR SPDR TR	10,970	$1,291	0.9%	$47.99	—	STATE STREET COM	81369Y852
IBTH	ISHARES TR	20,000	$449	0.3%	$22.50	—	IBONDS 27 TRM TS	46436E841
IGSB	ISHARES TR	5,000	$264	0.2%	$49.82	—	ISHS 1-5YR INVS	464288646
IBTI	ISHARES TR	20,000	$447	0.3%	$22.37	—	IBONDS 28 TRM TS	46436E833
IBTJ	ISHARES TR	10,000	$219	0.2%	$21.95	—	IBONDS 29 TRM TS	46436E825