Coco Enterprises, LLC Long-Term Concentrated

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BKLN	INVESCO EXCH TRADED FD TR II	224,508 (+6.9%)	$4,715 (+7.4%)	2.4%	$21.05	—	SR LN ETF	46138G508
FLOT	ISHARES TR	182,569 (+3.3%)	$9,285 (+3.2%)	4.7%	$50.73	—	FLTG RATE NT ETF	46429B655
CLOI	VANECK ETF TRUST	53,776 (+9.1%)	$2,840 (+9.0%)	1.4%	$52.76	—	CLO ETF	92189H748
ANGL	VANECK ETF TRUST	108,554 (+6.6%)	$3,188 (+5.8%)	1.6%	$31.10	—	FALLEN ANGEL HG	92189F437
ORCL	ORACLE CORP	1,596 (+2.7%)	$311 (-30.5%)	0.2%	$162.84	+46.2%	COM	68389X105
IVV	ISHARES TR	1,100 (+15.8%)	$753 (+18.4%)	0.4%	$517.96	—	CORE S&P500 ETF	464287200
VTI	VANGUARD INDEX FDS	10,171 (+1.1%)	$3,410 (+3.2%)	1.7%	$210.12	—	TOTAL STK MKT	922908769
IBM	IBM CORP	4,924 (+1.7%)	$1,458 (+6.7%)	0.7%	$105.31	+183.7%	COM	459200101
VIG	VANGUARD SPECIALIZED FUNDS	7,512 (+2.3%)	$1,651 (+4.1%)	0.8%	$159.33	—	DIV APP ETF	921908844
XOM	EXXON MOBIL CORP	6,062 (+1.4%)	$729 (+9.5%)	0.4%	$37.65	+206.7%	COM	30231G102
AOR	ISHARES TR	23,407 (+2.5%)	$1,522 (+3.3%)	0.8%	$51.78	—	CORE 60/40 BALAN	464289867
—	INVSC QQQ TR	1,827 (+2.1%)	$1,122 (+4.2%)	0.6%	$501.15	—	UNIT SER	46090E107
MSFT	MICROSOFT CORP	1,739 (+2.4%)	$841 (-4.1%)	0.4%	$306.37	+63.4%	COM	594918104
JPM	JPMORGAN CHASE & CO	2,357 (+1.2%)	$759 (+4.8%)	0.4%	$110.17	+181.0%	COM	46625H100
HD	HOME DEPOT INC	763 (+2.6%)	$262 (-11.3%)	0.1%	$317.03	+15.0%	COM	437076102
XLRE	SELECT SECTOR SPDR TR	13,357 (+9.3%)	$539 (+4.8%)	0.3%	$42.60	—	STATE STREET REA	81369Y860
BND	VANGUARD BD INDEX FDS	14,599 (+1.5%)	$1,081 (+1.3%)	0.6%	$80.69	—	TOTAL BND MRKT	921937835
ABBV	ABBVIE INC	889 (+1.1%)	$203 (-3.8%)	0.1%	$202.24	+12.5%	COM	00287Y109

Exited Positions (1)

NAK NORTHERN DYNASTY MINERALS LT 0.0%

Value ($000) $12 Shares 10,000 Est. Cost $0.73 Unrealized +165.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NAK	NORTHERN DYNASTY MINERALS LT	10,000	$12	0.0%	$0.73	+165.1%	—	66510M204

Decreased Positions (10)

GLDM WORLD GOLD TR 9.9%

Value ($000) $19,478 (+7.6%) Shares 228,164 (-3.5%) Est. Cost $15.14 Unrealized —

GDX VANECK ETF TRUST 6.7%

Value ($000) $13,193 (+8.9%) Shares 153,821 (-1.8%) Est. Cost $41.50 Unrealized —

SLV ISHARES SILVER TR 0.7%

Value ($000) $1,296 (+41.1%) Shares 20,120 (-5.5%) Est. Cost $19.03 Unrealized —

CSCO CISCO SYS INC 0.9%

Value ($000) $1,704 (+11.9%) Shares 22,121 (-1.2%) Est. Cost $42.59 Unrealized +73.3%

MRK MERCK & CO INC 0.5%

Value ($000) $1,026 (+16.5%) Shares 9,751 (-2.0%) Est. Cost $73.22 Unrealized +27.3%

VZ VERIZON COMMUNICATIONS INC 0.6%

Value ($000) $1,108 (-7.7%) Shares 27,214 (-1.4%) Est. Cost $39.22 Unrealized +3.2%

NKE NIKE INC 0.2%

Value ($000) $413 (-17.5%) Shares 6,476 (-5.2%) Est. Cost $59.59 Unrealized +8.9%

GLD SPDR GOLD TR 0.5%

Value ($000) $1,076 (+6.1%) Shares 2,715 (-4.7%) Est. Cost $70.60 Unrealized —

KO COCA COLA CO 0.6%

Value ($000) $1,254 (+3.9%) Shares 17,931 (-1.4%) Est. Cost $49.93 Unrealized +39.0%

GBCI GLACIER BANCORP INC NEW 0.1%

Value ($000) $202 (-17.2%) Shares 4,590 (-9.3%) Est. Cost $40.53 Unrealized +7.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GLDM	WORLD GOLD TR	228,164 (-3.5%)	$19,478 (+7.6%)	9.9%	$15.14	—	SPDR GLD MINIS	98149E303
GDX	VANECK ETF TRUST	153,821 (-1.8%)	$13,193 (+8.9%)	6.7%	$41.50	—	GOLD MINERS ETF	92189F106
SLV	ISHARES SILVER TR	20,120 (-5.5%)	$1,296 (+41.1%)	0.7%	$19.03	—	ISHARES	46428Q109
CSCO	CISCO SYS INC	22,121 (-1.2%)	$1,704 (+11.9%)	0.9%	$42.59	+73.3%	COM	17275R102
MRK	MERCK & CO INC	9,751 (-2.0%)	$1,026 (+16.5%)	0.5%	$73.22	+27.3%	COM	58933Y105
VZ	VERIZON COMMUNICATIONS INC	27,214 (-1.4%)	$1,108 (-7.7%)	0.6%	$39.22	+3.2%	COM	92343V104
NKE	NIKE INC	6,476 (-5.2%)	$413 (-17.5%)	0.2%	$59.59	+8.9%	CL B	654106103
GLD	SPDR GOLD TR	2,715 (-4.7%)	$1,076 (+6.1%)	0.5%	$70.60	—	GOLD SHS	78463V107
KO	COCA COLA CO	17,931 (-1.4%)	$1,254 (+3.9%)	0.6%	$49.93	+39.0%	COM	191216100
GBCI	GLACIER BANCORP INC NEW	4,590 (-9.3%)	$202 (-17.2%)	0.1%	$40.53	+7.5%	COM	37637Q105

Unchanged Positions (24)

FEZ SPDR INDEX SHS FDS 12.3%

Value ($000) $24,018 Shares 373,009 Est. Cost $59.95 Unrealized —

VUG VANGUARD INDEX FDS 12.1%

Value ($000) $23,730 Shares 48,641 Est. Cost $480.78 Unrealized —

VOO VANGUARD INDEX FDS 7.1%

Value ($000) $13,938 Shares 22,224 Est. Cost $570.10 Unrealized —

VYM VANGUARD WHITEHALL FDS 12.0%

Value ($000) $23,579 Shares 164,293 Est. Cost $106.64 Unrealized —

IWP ISHARES TR 4.0%

Value ($000) $7,892 Shares 57,629 Est. Cost $126.27 Unrealized —

IEFA ISHARES TR 8.2%

Value ($000) $16,061 Shares 179,528 Est. Cost $68.19 Unrealized —

STN STANTEC INC 0.5%

Value ($000) $987 Shares 10,458 Est. Cost $80.48 Unrealized —

JNJ JOHNSON & JOHNSON 0.6%

Value ($000) $1,152 Shares 5,568 Est. Cost $150.80 Unrealized +30.6%

— ISHARES TR 1.4%

Value ($000) $2,697 Shares 47,346 Est. Cost $61.21 Unrealized —

AMGN AMGEN INC 0.4%

Value ($000) $880 Shares 2,688 Est. Cost $213.59 Unrealized +47.9%

CAT CATERPILLAR INC 0.2%

Value ($000) $419 Shares 732 Est. Cost $261.47 Unrealized +112.5%

VNQ VANGUARD INDEX FDS 0.5%

Value ($000) $911 Shares 10,292 Est. Cost $80.06 Unrealized —

TU TELUS CORPORATION 0.1%

Value ($000) $158 Shares 11,999 Est. Cost $16.15 Unrealized -12.8%

UNH UNITEDHEALTH GROUP INC 0.3%

Value ($000) $596 Shares 1,804 Est. Cost $371.52 Unrealized -9.2%

GS GOLDMAN SACHS GROUP INC 0.1%

Value ($000) $258 Shares 294 Est. Cost $315.83 Unrealized +157.5%

WMT WALMART INC 0.1%

Value ($000) $261 Shares 2,340 Est. Cost $94.76 Unrealized +13.1%

AAPL APPLE INC 0.1%

Value ($000) $291 Shares 1,072 Est. Cost $201.41 Unrealized +33.2%

MMM 3M CO 0.2%

Value ($000) $483 Shares 3,014 Est. Cost $101.23 Unrealized +61.2%

MOAT VANECK ETF TRUST 0.1%

Value ($000) $292 Shares 2,820 Est. Cost $74.81 Unrealized —

MGK VANGUARD WORLD FD 0.2%

Value ($000) $327 Shares 792 Est. Cost $366.17 Unrealized —

SPY SPDR S&P 500 ETF TR 0.2%

Value ($000) $304 Shares 446 Est. Cost $461.11 Unrealized —

CVX CHEVRON CORP NEW 0.4%

Value ($000) $824 Shares 5,404 Est. Cost $77.75 Unrealized +94.7%

— GABELLI UTIL TR 0.1%

Value ($000) $165 Shares 27,437 Est. Cost $7.66 Unrealized —

SPG SIMON PPTY GROUP INC NEW 0.2%

Value ($000) $333 Shares 1,796 Est. Cost $57.65 Unrealized +212.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FEZ	SPDR INDEX SHS FDS	373,009	$24,018	12.3%	$59.95	—	EURO STOXX 50	78463X202
VUG	VANGUARD INDEX FDS	48,641	$23,730	12.1%	$480.78	—	GROWTH ETF	922908736
VOO	VANGUARD INDEX FDS	22,224	$13,938	7.1%	$570.10	—	S&P 500 ETF SHS	922908363
VYM	VANGUARD WHITEHALL FDS	164,293	$23,579	12.0%	$106.64	—	HIGH DIV YLD	921946406
IWP	ISHARES TR	57,629	$7,892	4.0%	$126.27	—	RUS MD CP GR ETF	464287481
IEFA	ISHARES TR	179,528	$16,061	8.2%	$68.19	—	CORES MSCI EAFE	46432F842
STN	STANTEC INC	10,458	$987	0.5%	$80.48	—	COM	85472N109
JNJ	JOHNSON & JOHNSON	5,568	$1,152	0.6%	$150.80	+30.6%	COM	478160104
—	ISHARES TR	47,346	$2,697	1.4%	$61.21	—	CRE U S REIT ETF	474288521
AMGN	AMGEN INC	2,688	$880	0.4%	$213.59	+47.9%	COM	031162100
CAT	CATERPILLAR INC	732	$419	0.2%	$261.47	+112.5%	COM	149123101
VNQ	VANGUARD INDEX FDS	10,292	$911	0.5%	$80.06	—	REAL ESTATE ETF	922908553
TU	TELUS CORPORATION	11,999	$158	0.1%	$16.15	-12.8%	COM	87971M103
UNH	UNITEDHEALTH GROUP INC	1,804	$596	0.3%	$371.52	-9.2%	COM	91324P102
GS	GOLDMAN SACHS GROUP INC	294	$258	0.1%	$315.83	+157.5%	COM	38141G104
WMT	WALMART INC	2,340	$261	0.1%	$94.76	+13.1%	COM	931142103
AAPL	APPLE INC	1,072	$291	0.1%	$201.41	+33.2%	COM	037833100
MMM	3M CO	3,014	$483	0.2%	$101.23	+61.2%	COM	88579Y101
MOAT	VANECK ETF TRUST	2,820	$292	0.1%	$74.81	—	MRNGSTR WDE MOAT	92189F643
MGK	VANGUARD WORLD FD	792	$327	0.2%	$366.17	—	MEGA GRWTH IND	921910816
SPY	SPDR S&P 500 ETF TR	446	$304	0.2%	$461.11	—	TR UNIT	78462F103
CVX	CHEVRON CORP NEW	5,404	$824	0.4%	$77.75	+94.7%	COM	166764100
—	GABELLI UTIL TR	27,437	$165	0.1%	$7.66	—	COM	36240A101
SPG	SIMON PPTY GROUP INC NEW	1,796	$333	0.2%	$57.65	+212.2%	COM	828806109