Whetstone Capital Advisors, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XYZ	BLOCK INC	115,354	$7,508	2.3%	$68.98	0.0%	CL A	852234103
XZO	EXZEO GROUP INC	184,753	$4,480	1.4%	$19.02	0.0%	COM SHS	30234F101
BLND	BLEND LABS INC	1,171,079	$3,560	1.1%	$3.19	0.0%	CL A	09352U108
FVRR	FIVERR INTL LTD	126,391	$2,497	0.8%	$21.54	0.0%	ORD SHS	M4R82T106
REAX	THE REAL BROKERAGE INC	197,192	$720	0.2%	$3.87	0.0%	COM NEW	75585H206
SEAT	VIVID SEATS INC	82,559	$595	0.2%	$9.83	0.0%	COM CL A	92854T209
GMGI	GOLDEN MATRIX GROUP INC	413,402	$331	0.1%	$0.91	0.0%	COM	381098300
UL	UNILEVER PLC	3,508	$229	0.1%	$65.40	—	SPON ADR NEW	904767803
DDI	DOUBLEDOWN INTERACTIVE CO	20,000	$173	0.1%	$8.63	—	ADS	25862B109
AMWL	AMERICAN WELL CORP	25,000	$123	0.0%	$4.82	0.0%	COM CL A NEW	03044L204

Increased Positions (17)

RPAY REPAY HLDGS CORP 3.1%

Value ($000) $9,959 (+1248.4%) Shares 2,728,627 (+1832.1%) Est. Cost $4.08 Unrealized -1.7%

BLZE BACKBLAZE INC 2.2%

Value ($000) $7,083 (-47.7%) Shares 1,520,055 (+4.1%) Est. Cost $6.55 Unrealized +4.6%

SEZL SEZZLE INC 1.1%

Value ($000) $3,656 (+112.1%) Shares 57,605 (+165.8%) Est. Cost $85.71 Unrealized -20.5%

RELY REMITLY GLOBAL INC 2.5%

Value ($000) $7,994 (-5.7%) Shares 579,311 (+11.4%) Est. Cost $17.60 Unrealized -17.4%

OPRA OPERA LTD 1.1%

Value ($000) $3,476 (-7.4%) Shares 245,459 (+34.9%) Est. Cost $17.67 Unrealized —

LPRO OPEN LENDING CORP 2.9%

Value ($000) $9,323 (-1.6%) Shares 6,014,667 (+34.0%) Est. Cost $1.67 Unrealized +6.3%

LFMD LIFEMD INC 0.7%

Value ($000) $2,397 (-4.8%) Shares 703,053 (+89.6%) Est. Cost $6.65 Unrealized -27.0%

KVUE KENVUE INC 0.1%

Value ($000) $232 (+14.1%) Shares 13,463 (+7.3%) Est. Cost $19.80 Unrealized -17.9%

WSO WATSCO INC 0.1%

Value ($000) $221 (-7.6%) Shares 656 (+10.8%) Est. Cost $420.71 Unrealized -15.1%

BX BLACKSTONE INC 0.1%

Value ($000) $226 (+7.0%) Shares 1,465 (+18.6%) Est. Cost $166.64 Unrealized -9.1%

MO ALTRIA GROUP INC 0.1%

Value ($000) $224 (-5.4%) Shares 3,893 (+8.4%) Est. Cost $61.26 Unrealized -3.1%

UNH UNITEDHEALTH GROUP INC 0.1%

Value ($000) $232 (+5.5%) Shares 703 (+10.4%) Est. Cost $302.53 Unrealized +11.5%

LYB LYONDELLBASELL INDUSTRIES N 0.1%

Value ($000) $227 (+3.3%) Shares 5,241 (+17.0%) Est. Cost $52.64 Unrealized -15.6%

CG CARLYLE GROUP INC 0.1%

Value ($000) $218 (+3.1%) Shares 3,696 (+9.4%) Est. Cost $43.34 Unrealized +29.9%

BAH BOOZ ALLEN HAMILTON HLDG 0.1%

Value ($000) $224 (-2.8%) Shares 2,652 (+15.2%) Est. Cost $102.96 Unrealized -14.0%

KREF KKR REAL ESTATE FIN TR INC 0.1%

Value ($000) $219 (+0.4%) Shares 26,609 (+9.9%) Est. Cost $3.50 Unrealized —

CI THE CIGNA GROUP 0.1%

Value ($000) $228 (+0.2%) Shares 829 (+4.9%) Est. Cost $292.54 Unrealized -4.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
RPAY	REPAY HLDGS CORP	2,728,627 (+1832.1%)	$9,959 (+1248.4%)	3.1%	$4.08	-1.7%	COM CL A	76029L100
BLZE	BACKBLAZE INC	1,520,055 (+4.1%)	$7,083 (-47.7%)	2.2%	$6.55	+4.6%	COM CL A	05637B105
SEZL	SEZZLE INC	57,605 (+165.8%)	$3,656 (+112.1%)	1.1%	$85.71	-20.5%	COM	78435P105
RELY	REMITLY GLOBAL INC	579,311 (+11.4%)	$7,994 (-5.7%)	2.5%	$17.60	-17.4%	COM	75960P104
OPRA	OPERA LTD	245,459 (+34.9%)	$3,476 (-7.4%)	1.1%	$17.67	—	SPONSORED ADS	68373M107
LPRO	OPEN LENDING CORP	6,014,667 (+34.0%)	$9,323 (-1.6%)	2.9%	$1.67	+6.3%	COM	68373J104
LFMD	LIFEMD INC	703,053 (+89.6%)	$2,397 (-4.8%)	0.7%	$6.65	-27.0%	COM	53216B104
KVUE	KENVUE INC	13,463 (+7.3%)	$232 (+14.1%)	0.1%	$19.80	-17.9%	COM	49177J102
WSO	WATSCO INC	656 (+10.8%)	$221 (-7.6%)	0.1%	$420.71	-15.1%	COM	942622200
BX	BLACKSTONE INC	1,465 (+18.6%)	$226 (+7.0%)	0.1%	$166.64	-9.1%	COM	09260D107
MO	ALTRIA GROUP INC	3,893 (+8.4%)	$224 (-5.4%)	0.1%	$61.26	-3.1%	COM	02209S103
UNH	UNITEDHEALTH GROUP INC	703 (+10.4%)	$232 (+5.5%)	0.1%	$302.53	+11.5%	COM	91324P102
LYB	LYONDELLBASELL INDUSTRIES N	5,241 (+17.0%)	$227 (+3.3%)	0.1%	$52.64	-15.6%	SHS - A -	N53745100
CG	CARLYLE GROUP INC	3,696 (+9.4%)	$218 (+3.1%)	0.1%	$43.34	+29.9%	COM	14316J108
BAH	BOOZ ALLEN HAMILTON HLDG	2,652 (+15.2%)	$224 (-2.8%)	0.1%	$102.96	-14.0%	CL A	099502106
KREF	KKR REAL ESTATE FIN TR INC	26,609 (+9.9%)	$219 (+0.4%)	0.1%	$3.50	—	COM	48251K100
CI	THE CIGNA GROUP	829 (+4.9%)	$228 (+0.2%)	0.1%	$292.54	-4.5%	COM	125523100

Exited Positions (12)

MNDY MONDAY COM LTD 4.8%

Value ($000) $15,335 Shares 79,172 Est. Cost $135.18 Unrealized +24.6%

— PROS HOLDINGS INC 2.8%

Value ($000) $9,076 Shares 396,160 Est. Cost $12.40 Unrealized —

GTLB GITLAB INC 2.7%

Value ($000) $8,679 Shares 192,532 Est. Cost $49.43 Unrealized -12.4%

DKNG DRAFTKINGS INC NEW 1.9%

Value ($000) $5,966 Shares 159,516 Est. Cost $39.97 Unrealized -17.7%

DSP VIANT TECHNOLOGY INC 1.6%

Value ($000) $5,054 Shares 585,577 Est. Cost $13.84 Unrealized -27.8%

VERX VERTEX INC 0.9%

Value ($000) $2,814 Shares 113,505 Est. Cost $28.97 Unrealized -25.3%

KPLT KATAPULT HOLDINGS INC 0.8%

Value ($000) $2,653 Shares 221,828 Est. Cost $10.14 Unrealized -11.8%

OS ONESTREAM INC 0.6%

Value ($000) $2,070 Shares 112,307 Est. Cost $21.95 Unrealized -13.2%

PRTH PRIORITY TECHNOLOGY HLDGS IN 0.3%

Value ($000) $1,082 Shares 157,566 Est. Cost $7.55 Unrealized -18.0%

NTSK NETSKOPE INC 0.1%

Value ($000) $386 Shares 17,000 Est. Cost $23.79 Unrealized -12.3%

— UNILEVER PLC 0.1%

Value ($000) $224 Shares 3,771 Est. Cost $59.28 Unrealized —

THRY THRYV HLDGS INC 0.1%

Value ($000) $199 Shares 16,475 Est. Cost $16.05 Unrealized -50.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MNDY	MONDAY COM LTD	79,172	$15,335	4.8%	$135.18	+24.6%	—	M7S64H106
—	PROS HOLDINGS INC	396,160	$9,076	2.8%	$12.40	—	—	74346Y103
GTLB	GITLAB INC	192,532	$8,679	2.7%	$49.43	-12.4%	—	37637K108
DKNG	DRAFTKINGS INC NEW	159,516	$5,966	1.9%	$39.97	-17.7%	—	26142V105
DSP	VIANT TECHNOLOGY INC	585,577	$5,054	1.6%	$13.84	-27.8%	—	92557A101
VERX	VERTEX INC	113,505	$2,814	0.9%	$28.97	-25.3%	—	92538J106
KPLT	KATAPULT HOLDINGS INC	221,828	$2,653	0.8%	$10.14	-11.8%	—	485859201
OS	ONESTREAM INC	112,307	$2,070	0.6%	$21.95	-13.2%	—	68278B107
PRTH	PRIORITY TECHNOLOGY HLDGS IN	157,566	$1,082	0.3%	$7.55	-18.0%	—	74275G107
NTSK	NETSKOPE INC	17,000	$386	0.1%	$23.79	-12.3%	—	64119N608
—	UNILEVER PLC	3,771	$224	0.1%	$59.28	—	—	904767704
THRY	THRYV HLDGS INC	16,475	$199	0.1%	$16.05	-50.7%	—	886029206

Decreased Positions (20)

NET CLOUDFLARE INC 18.0%

Value ($000) $57,771 (-13.5%) Shares 293,031 (-5.8%) Est. Cost $34.56 Unrealized +512.1%

DAVE DAVE INC 18.8%

Value ($000) $60,212 (+9.1%) Shares 271,947 (-1.7%) Est. Cost $23.08 Unrealized +831.8%

PRG PROG HOLDINGS INC 1.7%

Value ($000) $5,387 (-37.8%) Shares 182,672 (-31.7%) Est. Cost $32.57 Unrealized -8.7%

SERA SERA PROGNOSTICS INC 3.2%

Value ($000) $10,206 (-8.2%) Shares 3,459,713 (-4.8%) Est. Cost $2.47 Unrealized +30.3%

— TRUECAR INC 2.2%

Value ($000) $6,948 (+11.8%) Shares 3,074,241 (-8.9%) Est. Cost $1.86 Unrealized —

BODI THE BEACHBODY COMPANY INC 1.0%

Value ($000) $3,083 (+30.4%) Shares 297,627 (-25.5%) Est. Cost $7.54 Unrealized +1.8%

GOOGL ALPHABET INC 0.1%

Value ($000) $378 (-11.6%) Shares 1,209 (-31.3%) Est. Cost $120.52 Unrealized +137.0%

MTN VAIL RESORTS INC 0.1%

Value ($000) $203 (-13.6%) Shares 1,526 (-2.7%) Est. Cost $155.21 Unrealized -5.2%

NEE NEXTERA ENERGY INC 0.1%

Value ($000) $229 (-7.4%) Shares 2,847 (-13.0%) Est. Cost $72.21 Unrealized +14.2%

PSX PHILLIPS 66 0.1%

Value ($000) $227 (-7.1%) Shares 1,759 (-2.1%) Est. Cost $126.39 Unrealized +6.0%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $227 (-6.9%) Shares 1,098 (-16.6%) Est. Cost $169.51 Unrealized +16.2%

GSK GSK PLC 0.1%

Value ($000) $230 (-6.4%) Shares 4,693 (-17.6%) Est. Cost $43.16 Unrealized —

QSR RESTAURANT BRANDS INTL INC 0.1%

Value ($000) $221 (-5.3%) Shares 3,245 (-11.0%) Est. Cost $65.79 Unrealized +4.7%

MDT MEDTRONIC PLC 0.1%

Value ($000) $224 (-3.8%) Shares 2,336 (-4.6%) Est. Cost $91.27 Unrealized +6.4%

APO APOLLO GLOBAL MGMT INC 0.1%

Value ($000) $221 (+3.0%) Shares 1,524 (-5.2%) Est. Cost $140.75 Unrealized -5.8%

CNQ CANADIAN NAT RES LTD 0.1%

Value ($000) $239 (+1.3%) Shares 7,055 (-4.4%) Est. Cost $31.32 Unrealized +3.5%

MMM 3M CO 0.1%

Value ($000) $229 (-1.0%) Shares 1,430 (-4.0%) Est. Cost $153.11 Unrealized +6.6%

SMG SCOTTS MIRACLE-GRO CO 0.1%

Value ($000) $224 (-0.6%) Shares 3,841 (-3.0%) Est. Cost $61.29 Unrealized -10.0%

OUT OUTFRONT MEDIA INC 0.1%

Value ($000) $227 (+0.2%) Shares 9,433 (-23.8%) Est. Cost $2.21 Unrealized —

SNY SANOFI SA 0.1%

Value ($000) $230 (-0.2%) Shares 4,754 (-2.8%) Est. Cost $47.20 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NET	CLOUDFLARE INC	293,031 (-5.8%)	$57,771 (-13.5%)	18.0%	$34.56	+512.1%	CL A COM	18915M107
DAVE	DAVE INC	271,947 (-1.7%)	$60,212 (+9.1%)	18.8%	$23.08	+831.8%	CLASS A COM NEW	23834J201
PRG	PROG HOLDINGS INC	182,672 (-31.7%)	$5,387 (-37.8%)	1.7%	$32.57	-8.7%	COM NPV	74319R101
SERA	SERA PROGNOSTICS INC	3,459,713 (-4.8%)	$10,206 (-8.2%)	3.2%	$2.47	+30.3%	CLASS A COM	81749D107
—	TRUECAR INC	3,074,241 (-8.9%)	$6,948 (+11.8%)	2.2%	$1.86	—	COM	89785L107
BODI	THE BEACHBODY COMPANY INC	297,627 (-25.5%)	$3,083 (+30.4%)	1.0%	$7.54	+1.8%	COM CL A NEW	073463309
GOOGL	ALPHABET INC	1,209 (-31.3%)	$378 (-11.6%)	0.1%	$120.52	+137.0%	CAP STK CL A	02079K305
MTN	VAIL RESORTS INC	1,526 (-2.7%)	$203 (-13.6%)	0.1%	$155.21	-5.2%	COM	91879Q109
NEE	NEXTERA ENERGY INC	2,847 (-13.0%)	$229 (-7.4%)	0.1%	$72.21	+14.2%	COM	65339F101
PSX	PHILLIPS 66	1,759 (-2.1%)	$227 (-7.1%)	0.1%	$126.39	+6.0%	COM	718546104
JNJ	JOHNSON & JOHNSON	1,098 (-16.6%)	$227 (-6.9%)	0.1%	$169.51	+16.2%	COM	478160104
GSK	GSK PLC	4,693 (-17.6%)	$230 (-6.4%)	0.1%	$43.16	—	SPONSORED ADR	37733W204
QSR	RESTAURANT BRANDS INTL INC	3,245 (-11.0%)	$221 (-5.3%)	0.1%	$65.79	+4.7%	COM	76131D103
MDT	MEDTRONIC PLC	2,336 (-4.6%)	$224 (-3.8%)	0.1%	$91.27	+6.4%	SHS	G5960L103
APO	APOLLO GLOBAL MGMT INC	1,524 (-5.2%)	$221 (+3.0%)	0.1%	$140.75	-5.8%	COM	03769M106
CNQ	CANADIAN NAT RES LTD	7,055 (-4.4%)	$239 (+1.3%)	0.1%	$31.32	+3.5%	COM	136385101
MMM	3M CO	1,430 (-4.0%)	$229 (-1.0%)	0.1%	$153.11	+6.6%	COM	88579Y101
SMG	SCOTTS MIRACLE-GRO CO	3,841 (-3.0%)	$224 (-0.6%)	0.1%	$61.29	-10.0%	CL A	810186106
OUT	OUTFRONT MEDIA INC	9,433 (-23.8%)	$227 (+0.2%)	0.1%	$2.21	—	COM NEW	69007J304
SNY	SANOFI SA	4,754 (-2.8%)	$230 (-0.2%)	0.1%	$47.20	—	SPONSORED ADR	80105N105

Unchanged Positions (7)

OPRX OPTIMIZERX CORP 5.8%

Value ($000) $18,492 Shares 1,508,303 Est. Cost $5.64 Unrealized +189.5%

GOOG ALPHABET INC 12.8%

Value ($000) $40,911 Shares 130,373 Est. Cost $107.73 Unrealized +165.8%

HCAT HEALTH CATALYST INC 2.8%

Value ($000) $8,963 Shares 3,750,377 Est. Cost $4.55 Unrealized -40.0%

AMZN AMAZON COM INC 6.7%

Value ($000) $21,490 Shares 93,104 Est. Cost $122.96 Unrealized +86.1%

TOST TOAST INC 3.7%

Value ($000) $11,933 Shares 336,049 Est. Cost $21.36 Unrealized +68.8%

ASAN ASANA INC 1.6%

Value ($000) $5,233 Shares 381,716 Est. Cost $19.10 Unrealized -28.0%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $229 Shares 1,428 Est. Cost $165.18 Unrealized -7.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OPRX	OPTIMIZERX CORP	1,508,303	$18,492	5.8%	$5.64	+189.5%	COM NEW	68401U204
GOOG	ALPHABET INC	130,373	$40,911	12.8%	$107.73	+165.8%	CAP STK CL C	02079K107
HCAT	HEALTH CATALYST INC	3,750,377	$8,963	2.8%	$4.55	-40.0%	COM	42225T107
AMZN	AMAZON COM INC	93,104	$21,490	6.7%	$122.96	+86.1%	COM	023135106
TOST	TOAST INC	336,049	$11,933	3.7%	$21.36	+68.8%	CL A	888787108
ASAN	ASANA INC	381,716	$5,233	1.6%	$19.10	-28.0%	CL A	04342Y104
PM	PHILIP MORRIS INTL INC	1,428	$229	0.1%	$165.18	-7.0%	COM	718172109