Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SKHY	SK HYNIX INC	85,800	$15.8M	0.7%	$184.15	$165.41	+11.3%	AMERICAN DEPOSIT	78392B206
QQQ	INVESCO QQQ TR	8,600	$6.362M	0.3%	$739.77	$714.57	+3.5%	PUT	46090E103
BIP	BROOKFIELD INFRASTRUCTURE PA	82,600	$2.936M	0.1%	$35.55	$35.55	—	LP INT UNIT	G16252101
PANW	PALO ALTO NETWORKS INC	6,950	$2.761M	0.1%	$397.31	$355.85	+11.6%	COM	697435105
SNDK	SANDISK CORP	700	$1.218M	0.1%	$1739.89	$1564.36	+11.2%	COM	80004C200
ZIM	ZIM INTEGRATED SHIPPING SERV	24,000	$704K	0.0%	$29.32	$26.97	+8.7%	SHS	M9T951109
DISK	TEMA ETF TRUST	17,400	$676K	0.0%	$38.86	$37.37	+4.0%	MEMORY ETF	87975E750
C	CITIGROUP INC	4,000	$518K	0.0%	$129.48	$134.67	-3.9%	COM NEW	172967424
AMAT	APPLIED MATLS INC	932	$477K	0.0%	$511.38	$507.76	+0.7%	COM	038222105
PLTR	PALANTIR TECHNOLOGIES INC	2,485	$465K	0.0%	$187.05	$159.37	+17.4%	CL A	69608A108
ETN	EATON CORP PLC	472	$203K	0.0%	$429.71	$417.34	+3.0%	SHS	G29183103
QQQ	INVESCO QQQ TR	23	$17,015	0.0%	$739.78	$714.57	+3.5%	UNIT SER 1	46090E103

Increased Positions (50)

MU MICRON TECHNOLOGY INC 17.3%

Value $382M (+24.9%) Shares 358,415 (+35.3%) Share Price $1065.11 Est. Cost/Share $402.91 Unrealized @ Report Date +164.4%

NVDA NVIDIA CORPORATION 10.4%

Value $229M (+36.2%) Shares 1,002,321 (+19.3%) Share Price $228.38 Est. Cost/Share $161.72 Unrealized @ Report Date +41.2%

AMD ADVANCED MICRO DEVICES INC 4.4%

Value $98.03M (+47.9%) Shares 160,241 (+40.4%) Share Price $611.76 Est. Cost/Share $386.62 Unrealized @ Report Date +58.2%

NBIS NEBIUS GROUP N.V. 4.6%

Value $101M (+29.2%) Shares 426,543 (+51.3%) Share Price $235.88 Est. Cost/Share $143.27 Unrealized @ Report Date +64.6%

LITE LUMENTUM HLDGS INC 1.3%

Value $27.99M (+164.8%) Shares 28,820 (+133.9%) Share Price $971.26 Est. Cost/Share $789.48 Unrealized @ Report Date +23.0%

LLY ELI LILLY & CO 2.1%

Value $45.4M (+55.5%) Shares 39,238 (+61.2%) Share Price $1157.08 Est. Cost/Share $806.34 Unrealized @ Report Date +43.5%

INTC INTEL CORP 0.9%

Value $19.51M (+207.0%) Shares 162,250 (+256.6%) Share Price $120.23 Est. Cost/Share $101.76 Unrealized @ Report Date +18.2%

COHR COHERENT CORP 1.8%

Value $39.26M (-22.8%) Shares 136,413 (+5.8%) Share Price $287.81 Est. Cost/Share $139.63 Unrealized @ Report Date +106.1%

CRWD CROWDSTRIKE HLDGS INC 1.9%

Value $42.6M (+36.6%) Shares 160,888 (+293.6%) Share Price $264.75 Est. Cost/Share $220.52 Unrealized @ Report Date +20.1%

AVGO BROADCOM INC 0.5%

Value $11.36M (+3009.6%) Shares 32,344 (+3244.8%) Share Price $351.19 Est. Cost/Share $377.19 Unrealized @ Report Date -6.9%

BEP BROOKFIELD RENEWABLE ENERGY 1.5%

Value $33.83M (+39.2%) Shares 1,202,100 (+71.8%) Share Price $28.14 Est. Cost/Share $31.91 Unrealized @ Report Date —

FCX FREEPORT MCMORAN INC 0.5%

Value $10.43M (+559.2%) Shares 149,001 (+492.3%) Share Price $70.00 Est. Cost/Share $65.80 Unrealized @ Report Date +6.4%

AAPL APPLE INC 1.4%

Value $31.85M (+30.4%) Shares 95,627 (+13.3%) Share Price $333.02 Est. Cost/Share $197.61 Unrealized @ Report Date +68.5%

GEV GE VERNOVA INC 0.4%

Value $9.757M (+185.0%) Shares 10,265 (+252.3%) Share Price $950.49 Est. Cost/Share $977.15 Unrealized @ Report Date -2.7%

IBM INTERNATIONAL BUSINESS MACHS 1.1%

Value $23.27M (-21.0%) Shares 105,800 (+1.0%) Share Price $219.93 Est. Cost/Share $218.19 Unrealized @ Report Date +0.8%

AAOI APPLIED OPTOELECTRONICS INC 0.8%

Value $17.76M (-24.7%) Shares 178,900 (+12.4%) Share Price $99.26 Est. Cost/Share $136.54 Unrealized @ Report Date -27.3%

ABBV ABBVIE INC 0.7%

Value $16.15M (+43.4%) Shares 61,750 (+38.0%) Share Price $261.59 Est. Cost/Share $226.49 Unrealized @ Report Date +15.5%

DUK DUKE ENERGY CORP NEW 1.4%

Value $31.74M (+17.9%) Shares 278,361 (+30.9%) Share Price $114.01 Est. Cost/Share $117.76 Unrealized @ Report Date -3.2%

WMB WILLIAMS COS INC 0.3%

Value $7.531M (+177.5%) Shares 110,793 (+203.5%) Share Price $67.97 Est. Cost/Share $73.02 Unrealized @ Report Date -6.9%

NOW SERVICENOW INC 0.5%

Value $11.13M (+64.8%) Shares 83,075 (+22.1%) Share Price $134.01 Est. Cost/Share $117.29 Unrealized @ Report Date +14.3%

DVN DEVON ENERGY CORP NEW 1.3%

Value $27.9M (+17.9%) Shares 605,990 (+5.8%) Share Price $46.04 Est. Cost/Share $46.32 Unrealized @ Report Date -0.6%

NEM NEWMONT CORP 0.2%

Value $5.471M (+314.4%) Shares 47,436 (+235.6%) Share Price $115.34 Est. Cost/Share $105.46 Unrealized @ Report Date +9.4%

ASML ASML HLDG NV 0.5%

Value $10.53M (+41.5%) Shares 5,810 (+55.4%) Share Price $1811.67 Est. Cost/Share $1571.57 Unrealized @ Report Date +15.3%

EQT EQT CORP 1.3%

Value $27.88M (+12.1%) Shares 574,125 (+22.7%) Share Price $48.56 Est. Cost/Share $54.00 Unrealized @ Report Date -10.1%

VRT VERTIV HOLDINGS CO 0.6%

Value $12.42M (-18.2%) Shares 51,469 (+13.4%) Share Price $241.31 Est. Cost/Share $113.61 Unrealized @ Report Date +112.4%

MSFT MICROSOFT CORP 0.3%

Value $7.389M (+56.1%) Shares 14,406 (+13.5%) Share Price $512.90 Est. Cost/Share $366.40 Unrealized @ Report Date +40.0%

GOOGL ALPHABET INC 1.5%

Value $33.7M (+8.1%) Shares 97,936 (+12.3%) Share Price $344.08 Est. Cost/Share $194.73 Unrealized @ Report Date +76.7%

LVHI LEGG MASON ETF INVT 0.3%

Value $7.166M (+47.8%) Shares 171,800 (+43.8%) Share Price $41.71 Est. Cost/Share $41.31 Unrealized @ Report Date +1.0%

CEG CONSTELLATION ENERGY CORP 0.5%

Value $11.82M (+19.3%) Shares 46,550 (+16.7%) Share Price $254.02 Est. Cost/Share $285.38 Unrealized @ Report Date -11.0%

LRCX LAM RESEARCH CORP 0.2%

Value $5.522M (-21.9%) Shares 16,809 (+3.1%) Share Price $328.51 Est. Cost/Share $85.07 Unrealized @ Report Date +286.2%

ET ENERGY TRANSFER L P 0.8%

Value $18.65M (+9.0%) Shares 943,209 (+5.4%) Share Price $19.77 Est. Cost/Share $18.15 Unrealized @ Report Date —

DRAM ROUNDHILL ETF TRUST 0.9%

Value $20.28M (+8.1%) Shares 335,950 (+32.3%) Share Price $60.36 Est. Cost/Share $53.27 Unrealized @ Report Date +13.3%

SRE SEMPRA 0.4%

Value $7.952M (-14.0%) Shares 102,004 (+2.3%) Share Price $77.96 Est. Cost/Share $82.50 Unrealized @ Report Date -5.5%

NOK NOKIA CORP 0.1%

Value $1.597M (+131.3%) Shares 157,500 (+202.9%) Share Price $10.14 Est. Cost/Share $11.21 Unrealized @ Report Date -9.5%

BE BLOOM ENERGY CORP 0.1%

Value $2.05M (+69.3%) Shares 7,400 (+85.0%) Share Price $276.98 Est. Cost/Share $187.88 Unrealized @ Report Date +47.4%

BIPC BROOKFIELD INFRASTRUCTURE CO 1.2%

Value $26.83M (-2.7%) Shares 753,300 (+5.2%) Share Price $35.61 Est. Cost/Share $40.98 Unrealized @ Report Date -13.1%

VST VISTRA CORP 1.4%

Value $31.06M (-1.7%) Shares 224,510 (+12.8%) Share Price $138.35 Est. Cost/Share $151.38 Unrealized @ Report Date -8.6%

AMKR AMKOR TECHNOLOGY INC 0.1%

Value $1.205M (-30.1%) Shares 23,000 (+15.0%) Share Price $52.38 Est. Cost/Share $69.24 Unrealized @ Report Date -24.3%

BN BROOKFIELD CORP 1.4%

Value $30.46M (-1.5%) Shares 835,459 (+15.1%) Share Price $36.46 Est. Cost/Share $37.92 Unrealized @ Report Date -3.9%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.2%

Value $4.035M (+11.2%) Shares 8,104 (+11.7%) Share Price $497.95 Est. Cost/Share $338.71 Unrealized @ Report Date +47.0%

SMH VANECK ETF TRUST 0.0%

Value $944K (+51.5%) Shares 1,550 (+63.2%) Share Price $609.00 Est. Cost/Share $479.51 Unrealized @ Report Date +27.0%

LNG CHENIERE ENERGY INC 0.1%

Value $2.193M (+16.9%) Shares 8,150 (+3.8%) Share Price $269.03 Est. Cost/Share $236.59 Unrealized @ Report Date +13.7%

PPL PPL CORP 0.1%

Value $1.654M (+22.0%) Shares 50,300 (+34.9%) Share Price $32.89 Est. Cost/Share $36.41 Unrealized @ Report Date -9.7%

GLW CORNING INC 0.0%

Value $400K (-34.8%) Shares 2,600 (+8.3%) Share Price $153.76 Est. Cost/Share $180.17 Unrealized @ Report Date -14.7%

KMI KINDER MORGAN INC DEL 0.6%

Value $13.25M (-1.5%) Shares 439,412 (+4.4%) Share Price $30.15 Est. Cost/Share $26.54 Unrealized @ Report Date +13.6%

RKLB ROCKET LAB CORP 0.0%

Value $251K (-20.4%) Shares 3,600 (+16.1%) Share Price $69.68 Est. Cost/Share $95.80 Unrealized @ Report Date -27.3%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.0%

Value $943K (-6.3%) Shares 22,100 (+9.4%) Share Price $42.69 Est. Cost/Share $61.03 Unrealized @ Report Date -30.1%

PYLD PIMCO ETF TR 0.0%

Value $305K (+20.9%) Shares 12,000 (+26.3%) Share Price $25.39 Est. Cost/Share $26.53 Unrealized @ Report Date -4.3%

GOOG ALPHABET INC 0.1%

Value $1.457M (+1.8%) Shares 4,277 (+5.6%) Share Price $340.74 Est. Cost/Share $264.05 Unrealized @ Report Date +29.0%

SNPS SYNOPSYS INC 0.1%

Value $1.26M (-1.4%) Shares 2,898 (+1.1%) Share Price $434.94 Est. Cost/Share $506.66 Unrealized @ Report Date -14.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MU	MICRON TECHNOLOGY INC	358,415 (+35.3%)	$382M (+24.9%)	17.3%	$1065.11	$402.91	+164.4%	COM	595112103
NVDA	NVIDIA CORPORATION	1,002,321 (+19.3%)	$229M (+36.2%)	10.4%	$228.38	$161.72	+41.2%	COM	67066G104
AMD	ADVANCED MICRO DEVICES INC	160,241 (+40.4%)	$98.03M (+47.9%)	4.4%	$611.76	$386.62	+58.2%	COM	007903107
NBIS	NEBIUS GROUP N.V.	426,543 (+51.3%)	$101M (+29.2%)	4.6%	$235.88	$143.27	+64.6%	SHS CLASS A	N97284108
LITE	LUMENTUM HLDGS INC	28,820 (+133.9%)	$27.99M (+164.8%)	1.3%	$971.26	$789.48	+23.0%	COM	55024U109
LLY	ELI LILLY & CO	39,238 (+61.2%)	$45.4M (+55.5%)	2.1%	$1157.08	$806.34	+43.5%	COM	532457108
INTC	INTEL CORP	162,250 (+256.6%)	$19.51M (+207.0%)	0.9%	$120.23	$101.76	+18.2%	COM	458140100
COHR	COHERENT CORP	136,413 (+5.8%)	$39.26M (-22.8%)	1.8%	$287.81	$139.63	+106.1%	COM	19247G107
CRWD	CROWDSTRIKE HLDGS INC	160,888 (+293.6%)	$42.6M (+36.6%)	1.9%	$264.75	$220.52	+20.1%	CL A	22788C105
AVGO	BROADCOM INC	32,344 (+3244.8%)	$11.36M (+3009.6%)	0.5%	$351.19	$377.19	-6.9%	COM	11135F101
BEP	BROOKFIELD RENEWABLE ENERGY	1,202,100 (+71.8%)	$33.83M (+39.2%)	1.5%	$28.14	$31.91	—	PARTNERSHIP UNIT	G16258108
FCX	FREEPORT MCMORAN INC	149,001 (+492.3%)	$10.43M (+559.2%)	0.5%	$70.00	$65.80	+6.4%	CL B	35671D857
AAPL	APPLE INC	95,627 (+13.3%)	$31.85M (+30.4%)	1.4%	$333.02	$197.61	+68.5%	COM	037833100
GEV	GE VERNOVA INC	10,265 (+252.3%)	$9.757M (+185.0%)	0.4%	$950.49	$977.15	-2.7%	COM	36828A101
IBM	INTERNATIONAL BUSINESS MACHS	105,800 (+1.0%)	$23.27M (-21.0%)	1.1%	$219.93	$218.19	+0.8%	COM	459200101
AAOI	APPLIED OPTOELECTRONICS INC	178,900 (+12.4%)	$17.76M (-24.7%)	0.8%	$99.26	$136.54	-27.3%	COM	03823U102
ABBV	ABBVIE INC	61,750 (+38.0%)	$16.15M (+43.4%)	0.7%	$261.59	$226.49	+15.5%	COM	00287Y109
DUK	DUKE ENERGY CORP NEW	278,361 (+30.9%)	$31.74M (+17.9%)	1.4%	$114.01	$117.76	-3.2%	COM NEW	26441C204
WMB	WILLIAMS COS INC	110,793 (+203.5%)	$7.531M (+177.5%)	0.3%	$67.97	$73.02	-6.9%	COM	969457100
NOW	SERVICENOW INC	83,075 (+22.1%)	$11.13M (+64.8%)	0.5%	$134.01	$117.29	+14.3%	COM	81762P102
DVN	DEVON ENERGY CORP NEW	605,990 (+5.8%)	$27.9M (+17.9%)	1.3%	$46.04	$46.32	-0.6%	COM	25179M103
NEM	NEWMONT CORP	47,436 (+235.6%)	$5.471M (+314.4%)	0.2%	$115.34	$105.46	+9.4%	COM	651639106
ASML	ASML HLDG NV	5,810 (+55.4%)	$10.53M (+41.5%)	0.5%	$1811.67	$1571.57	+15.3%	N Y REGISTRY SHS	N07059210
EQT	EQT CORP	574,125 (+22.7%)	$27.88M (+12.1%)	1.3%	$48.56	$54.00	-10.1%	COM	26884L109
VRT	VERTIV HOLDINGS CO	51,469 (+13.4%)	$12.42M (-18.2%)	0.6%	$241.31	$113.61	+112.4%	COM CL A	92537N108
MSFT	MICROSOFT CORP	14,406 (+13.5%)	$7.389M (+56.1%)	0.3%	$512.90	$366.40	+40.0%	COM	594918104
GOOGL	ALPHABET INC	97,936 (+12.3%)	$33.7M (+8.1%)	1.5%	$344.08	$194.73	+76.7%	CAP STK CL A	02079K305
LVHI	LEGG MASON ETF INVT	171,800 (+43.8%)	$7.166M (+47.8%)	0.3%	$41.71	$41.31	+1.0%	FRANKLIN INTL LW	52468L505
CEG	CONSTELLATION ENERGY CORP	46,550 (+16.7%)	$11.82M (+19.3%)	0.5%	$254.02	$285.38	-11.0%	COM	21037T109
LRCX	LAM RESEARCH CORP	16,809 (+3.1%)	$5.522M (-21.9%)	0.2%	$328.51	$85.07	+286.2%	COM NEW	512807306
ET	ENERGY TRANSFER L P	943,209 (+5.4%)	$18.65M (+9.0%)	0.8%	$19.77	$18.15	—	COM UT LTD PTN	29273V100
DRAM	ROUNDHILL ETF TRUST	335,950 (+32.3%)	$20.28M (+8.1%)	0.9%	$60.36	$53.27	+13.3%	MEMORY ETF	77926X320
SRE	SEMPRA	102,004 (+2.3%)	$7.952M (-14.0%)	0.4%	$77.96	$82.50	-5.5%	COM	816851109
NOK	NOKIA CORP	157,500 (+202.9%)	$1.597M (+131.3%)	0.1%	$10.14	$11.21	-9.5%	SPONSORED ADR	654902204
BE	BLOOM ENERGY CORP	7,400 (+85.0%)	$2.05M (+69.3%)	0.1%	$276.98	$187.88	+47.4%	COM CL A	093712107
BIPC	BROOKFIELD INFRASTRUCTURE CO	753,300 (+5.2%)	$26.83M (-2.7%)	1.2%	$35.61	$40.98	-13.1%	COM SUB VTG A	11276H106
VST	VISTRA CORP	224,510 (+12.8%)	$31.06M (-1.7%)	1.4%	$138.35	$151.38	-8.6%	COM	92840M102
AMKR	AMKOR TECHNOLOGY INC	23,000 (+15.0%)	$1.205M (-30.1%)	0.1%	$52.38	$69.24	-24.3%	COM	031652100
BN	BROOKFIELD CORP	835,459 (+15.1%)	$30.46M (-1.5%)	1.4%	$36.46	$37.92	-3.9%	CL A LTD VT SH	11271J107
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,104 (+11.7%)	$4.035M (+11.2%)	0.2%	$497.95	$338.71	+47.0%	CL B NEW	084670702
SMH	VANECK ETF TRUST	1,550 (+63.2%)	$944K (+51.5%)	0.0%	$609.00	$479.51	+27.0%	SEMICONDUCTR ETF	92189F676
LNG	CHENIERE ENERGY INC	8,150 (+3.8%)	$2.193M (+16.9%)	0.1%	$269.03	$236.59	+13.7%	COM NEW	16411R208
PPL	PPL CORP	50,300 (+34.9%)	$1.654M (+22.0%)	0.1%	$32.89	$36.41	-9.7%	COM	69351T106
GLW	CORNING INC	2,600 (+8.3%)	$400K (-34.8%)	0.0%	$153.76	$180.17	-14.7%	COM	219350105
KMI	KINDER MORGAN INC DEL	439,412 (+4.4%)	$13.25M (-1.5%)	0.6%	$30.15	$26.54	+13.6%	COM	49456B101
RKLB	ROCKET LAB CORP	3,600 (+16.1%)	$251K (-20.4%)	0.0%	$69.68	$95.80	-27.3%	COM	773121108
KTOS	KRATOS DEFENSE & SEC SOLUTIO	22,100 (+9.4%)	$943K (-6.3%)	0.0%	$42.69	$61.03	-30.1%	COM NEW	50077B207
PYLD	PIMCO ETF TR	12,000 (+26.3%)	$305K (+20.9%)	0.0%	$25.39	$26.53	-4.3%	MULTISECTOR BD	72201R585
GOOG	ALPHABET INC	4,277 (+5.6%)	$1.457M (+1.8%)	0.1%	$340.74	$264.05	+29.0%	CAP STK CL C	02079K107
SNPS	SYNOPSYS INC	2,898 (+1.1%)	$1.26M (-1.4%)	0.1%	$434.94	$506.66	-14.2%	COM	871607107

Exited Positions (6)

AAOI APPLIED OPTOELECTRONICS INC 0.0%

Value $444K Shares 3,000 Share Price $148.16 * Est. Cost/Share $136.54 Unrealized @ Report Date -27.3%

VOO VANGUARD INDEX FDS 0.0%

Value $343K Shares 500 Share Price $686.81 * Est. Cost/Share $666.64 Unrealized @ Report Date +5.1%

WDC WESTERN DIGITAL CORP 0.0%

Value $255K Shares 400 Share Price $638.72 * Est. Cost/Share $486.23 Unrealized @ Report Date -6.5%

VOOG VANGUARD ADMIRAL FDS INC 0.0%

Value $239K Shares 2,891 Share Price $82.62 * Est. Cost/Share $79.37 Unrealized @ Report Date +7.7%

ENB ENBRIDGE INC 0.0%

Value $220K Shares 4,050 Share Price $54.21 * Est. Cost/Share $50.68 Unrealized @ Report Date -8.3%

NU NU HLDGS LTD 0.0%

Value $13,360 Shares 1,000 Share Price $13.36 * Est. Cost/Share $13.26 Unrealized @ Report Date -4.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AAOI	APPLIED OPTOELECTRONICS INC	3,000	$444K	0.0%	$148.16 *	$136.54	-27.3%	PUT	03823U102
VOO	VANGUARD INDEX FDS	500	$343K	0.0%	$686.81 *	$666.64	+5.1%	—	922908363
WDC	WESTERN DIGITAL CORP	400	$255K	0.0%	$638.72 *	$486.23	-6.5%	—	958102105
VOOG	VANGUARD ADMIRAL FDS INC	2,891	$239K	0.0%	$82.62 *	$79.37	+7.7%	—	921932505
ENB	ENBRIDGE INC	4,050	$220K	0.0%	$54.21 *	$50.68	-8.3%	—	29250N105
NU	NU HLDGS LTD	1,000	$13,360	0.0%	$13.36 *	$13.26	-4.5%	CALL	G6683N103

Decreased Positions (23)

MU MICRON TECHNOLOGY INC 11.1%

Value $245M (-35.8%) Shares 230,400 (-30.4%) Share Price $1065.11 Est. Cost/Share $402.91 Unrealized @ Report Date +164.4%

NBIS NEBIUS GROUP N.V. 2.6%

Value $56.68M (-43.8%) Shares 240,300 (-34.1%) Share Price $235.88 Est. Cost/Share $143.27 Unrealized @ Report Date +64.6%

AMD ADVANCED MICRO DEVICES INC 1.2%

Value $27.53M (-50.5%) Shares 45,000 (-53.0%) Share Price $611.76 Est. Cost/Share $386.62 Unrealized @ Report Date +58.2%

ALAB ASTERA LABS INC 0.5%

Value $12.12M (-35.8%) Shares 34,040 (-12.8%) Share Price $355.97 Est. Cost/Share $84.60 Unrealized @ Report Date +320.8%

BEPC BROOKFIELD RENEWABLE CORP 0.6%

Value $12.45M (-31.0%) Shares 441,300 (-9.2%) Share Price $28.22 Est. Cost/Share $38.95 Unrealized @ Report Date -27.6%

COHR COHERENT CORP 0.2%

Value $3.857M (-47.4%) Shares 13,400 (-28.0%) Share Price $287.81 Est. Cost/Share $139.63 Unrealized @ Report Date +106.1%

NFLX NETFLIX INC. 0.7%

Value $16.46M (-14.9%) Shares 236,595 (-12.7%) Share Price $69.58 Est. Cost/Share $104.08 Unrealized @ Report Date -33.1%

NVDA NVIDIA CORPORATION 8.3%

Value $183M (-0.9%) Shares 800,800 (-13.2%) Share Price $228.38 Est. Cost/Share $161.72 Unrealized @ Report Date +41.2%

META META PLATFORMS INC 0.3%

Value $6.949M (+16.7%) Shares 9,583 (-9.3%) Share Price $725.18 Est. Cost/Share $638.05 Unrealized @ Report Date +13.7%

TSM TAIWAN SEMICONDUCTOR MANUFAC 0.3%

Value $5.846M (-11.2%) Shares 12,815 (-7.1%) Share Price $456.19 Est. Cost/Share $192.90 Unrealized @ Report Date +136.5%

ARM ARM HOLDINGS PLC 0.0%

Value $985K (-32.3%) Shares 3,400 (-17.1%) Share Price $289.66 Est. Cost/Share $139.48 Unrealized @ Report Date +107.7%

GS GOLDMAN SACHS GROUP INC 0.0%

Value $360K (-49.1%) Shares 400 (-42.9%) Share Price $900.36 Est. Cost/Share $846.38 Unrealized @ Report Date +6.4%

IREN IREN LIMITED 0.0%

Value $593K (-36.5%) Shares 14,500 (-28.9%) Share Price $40.88 Est. Cost/Share $24.29 Unrealized @ Report Date +68.3%

RMBS RAMBUS INC DEL 0.0%

Value $512K (-33.4%) Shares 4,800 (-17.2%) Share Price $106.76 Est. Cost/Share $54.17 Unrealized @ Report Date +97.1%

AMZN AMAZON COM INC 0.0%

Value $648K (-24.6%) Shares 2,600 (-27.9%) Share Price $249.15 Est. Cost/Share $197.38 Unrealized @ Report Date +26.2%

LITE LUMENTUM HLDGS INC 0.4%

Value $9.907M (+2.2%) Shares 10,200 (-9.7%) Share Price $971.26 Est. Cost/Share $789.48 Unrealized @ Report Date +23.0%

JPM JPMORGAN CHASE & CO 0.1%

Value $1.703M (-9.0%) Shares 5,148 (-10.0%) Share Price $330.83 Est. Cost/Share $307.46 Unrealized @ Report Date +7.6%

VGSH VANGUARD SCOTTSDALE FDS 0.1%

Value $3.235M (-4.5%) Shares 56,200 (-3.4%) Share Price $57.56 Est. Cost/Share $58.56 Unrealized @ Report Date -1.7%

DHR DANAHER CORP DEL 0.0%

Value $510K (+14.0%) Shares 2,300 (-2.0%) Share Price $221.55 Est. Cost/Share $181.57 Unrealized @ Report Date +22.0%

HOOD ROBINHOOD MKTS INC 0.0%

Value $799K (+7.6%) Shares 7,100 (-4.1%) Share Price $112.50 Est. Cost/Share $87.38 Unrealized @ Report Date +28.8%

IREN IREN LIMITED 0.0%

Value $164K (-22.3%) Shares 4,000 (-13.0%) Share Price $40.88 Est. Cost/Share $24.29 Unrealized @ Report Date +68.3%

NU NU HLDGS LTD 0.0%

Value $247K (-9.8%) Shares 19,500 (-4.8%) Share Price $12.66 Est. Cost/Share $13.26 Unrealized @ Report Date -4.5%

COPP SPROTT FDS TR 0.0%

Value $459K (+4.2%) Shares 11,000 (-4.3%) Share Price $41.73 Est. Cost/Share $38.91 Unrealized @ Report Date +7.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MU	MICRON TECHNOLOGY INC	230,400 (-30.4%)	$245M (-35.8%)	11.1%	$1065.11	$402.91	+164.4%	CALL	595112103
NBIS	NEBIUS GROUP N.V.	240,300 (-34.1%)	$56.68M (-43.8%)	2.6%	$235.88	$143.27	+64.6%	CALL	N97284108
AMD	ADVANCED MICRO DEVICES INC	45,000 (-53.0%)	$27.53M (-50.5%)	1.2%	$611.76	$386.62	+58.2%	CALL	007903107
ALAB	ASTERA LABS INC	34,040 (-12.8%)	$12.12M (-35.8%)	0.5%	$355.97	$84.60	+320.8%	COM	04626A103
BEPC	BROOKFIELD RENEWABLE CORP	441,300 (-9.2%)	$12.45M (-31.0%)	0.6%	$28.22	$38.95	-27.6%	CL A EX SUB VTG	11285B108
COHR	COHERENT CORP	13,400 (-28.0%)	$3.857M (-47.4%)	0.2%	$287.81	$139.63	+106.1%	CALL	19247G107
NFLX	NETFLIX INC.	236,595 (-12.7%)	$16.46M (-14.9%)	0.7%	$69.58	$104.08	-33.1%	COM	64110L106
NVDA	NVIDIA CORPORATION	800,800 (-13.2%)	$183M (-0.9%)	8.3%	$228.38	$161.72	+41.2%	CALL	67066G104
META	META PLATFORMS INC	9,583 (-9.3%)	$6.949M (+16.7%)	0.3%	$725.18	$638.05	+13.7%	CL A	30303M102
TSM	TAIWAN SEMICONDUCTOR MANUFAC	12,815 (-7.1%)	$5.846M (-11.2%)	0.3%	$456.19	$192.90	+136.5%	SPONSORED ADS	874039100
ARM	ARM HOLDINGS PLC	3,400 (-17.1%)	$985K (-32.3%)	0.0%	$289.66	$139.48	+107.7%	SPONSORED ADS	042068205
GS	GOLDMAN SACHS GROUP INC	400 (-42.9%)	$360K (-49.1%)	0.0%	$900.36	$846.38	+6.4%	COM	38141G104
IREN	IREN LIMITED	14,500 (-28.9%)	$593K (-36.5%)	0.0%	$40.88	$24.29	+68.3%	ORDINARY SHARES	Q4982L109
RMBS	RAMBUS INC DEL	4,800 (-17.2%)	$512K (-33.4%)	0.0%	$106.76	$54.17	+97.1%	COM	750917106
AMZN	AMAZON COM INC	2,600 (-27.9%)	$648K (-24.6%)	0.0%	$249.15	$197.38	+26.2%	COM	023135106
LITE	LUMENTUM HLDGS INC	10,200 (-9.7%)	$9.907M (+2.2%)	0.4%	$971.26	$789.48	+23.0%	CALL	55024U109
JPM	JPMORGAN CHASE & CO	5,148 (-10.0%)	$1.703M (-9.0%)	0.1%	$330.83	$307.46	+7.6%	COM	46625H100
VGSH	VANGUARD SCOTTSDALE FDS	56,200 (-3.4%)	$3.235M (-4.5%)	0.1%	$57.56	$58.56	-1.7%	SHORT TERM TREAS	92206C102
DHR	DANAHER CORP DEL	2,300 (-2.0%)	$510K (+14.0%)	0.0%	$221.55	$181.57	+22.0%	COM	235851102
HOOD	ROBINHOOD MKTS INC	7,100 (-4.1%)	$799K (+7.6%)	0.0%	$112.50	$87.38	+28.8%	COM CL A	770700102
IREN	IREN LIMITED	4,000 (-13.0%)	$164K (-22.3%)	0.0%	$40.88	$24.29	+68.3%	CALL	Q4982L109
NU	NU HLDGS LTD	19,500 (-4.8%)	$247K (-9.8%)	0.0%	$12.66	$13.26	-4.5%	ORD SHS CL A	G6683N103
COPP	SPROTT FDS TR	11,000 (-4.3%)	$459K (+4.2%)	0.0%	$41.73	$38.91	+7.2%	COPPER MINER ETF	85208P881

Unchanged Positions (29)

MRK MERCK & CO INC 1.1%

Value $23.31M Shares 160,388 Share Price $145.31 Est. Cost/Share $107.36 Unrealized @ Report Date +35.3%

D DOMINION ENERGY INC 0.8%

Value $17.33M Shares 286,283 Share Price $60.52 Est. Cost/Share $56.01 Unrealized @ Report Date +8.1%

NASA TEMA ETF TRUST 0.2%

Value $3.486M Shares 145,500 Share Price $23.96 Est. Cost/Share $31.95 Unrealized @ Report Date -25.0%

TSLA TESLA INC 0.2%

Value $4.58M Shares 12,909 Share Price $354.81 Est. Cost/Share $398.37 Unrealized @ Report Date -10.9%

COST COSTCO WHOLESALE CORPORATION 0.8%

Value $17.63M Shares 19,363 Share Price $910.34 Est. Cost/Share $596.60 Unrealized @ Report Date +52.6%

AAOI APPLIED OPTOELECTRONICS INC 0.0%

Value $715K Shares 7,200 Share Price $99.26 Est. Cost/Share $136.54 Unrealized @ Report Date -27.3%

REGN REGENERON PHARMACEUTICALS 0.1%

Value $1.293M Shares 1,705 Share Price $758.27 Est. Cost/Share $918.00 Unrealized @ Report Date -17.4%

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value $791K Shares 1,172 Share Price $675.05 Est. Cost/Share $431.48 Unrealized @ Report Date +56.4%

NI NISOURCE INC 0.0%

Value $725K Shares 18,600 Share Price $39.00 Est. Cost/Share $47.32 Unrealized @ Report Date -17.6%

TE T1 ENERGY INC 0.0%

Value $61,760 Shares 16,000 Share Price $3.86 Est. Cost/Share $7.11 Unrealized @ Report Date -45.7%

NOC NORTHROP GRUMMAN CORP 0.1%

Value $1.462M Shares 3,024 Share Price $483.48 Est. Cost/Share $557.40 Unrealized @ Report Date -13.3%

IALT BLACKROCK ETF TRUST 0.1%

Value $1.284M Shares 43,000 Share Price $29.86 Est. Cost/Share $28.05 Unrealized @ Report Date +6.5%

GILD GILEAD SCIENCES INC 0.0%

Value $362K Shares 2,431 Share Price $149.05 Est. Cost/Share $64.29 Unrealized @ Report Date +131.8%

GLD SPDR GOLD TR 0.1%

Value $1.239M Shares 3,253 Share Price $380.84 Est. Cost/Share $366.31 Unrealized @ Report Date +4.0%

IEI ISHARES TR 0.1%

Value $1.157M Shares 10,200 Share Price $113.44 Est. Cost/Share $119.45 Unrealized @ Report Date -5.0%

SPG SIMON PPTY GROUP INC NEW 0.0%

Value $341K Shares 1,700 Share Price $200.76 Est. Cost/Share $95.54 Unrealized @ Report Date —

LVHD LEGG MASON ETF INVT 0.0%

Value $571K Shares 13,791 Share Price $41.38 Est. Cost/Share $42.98 Unrealized @ Report Date -3.7%

B BARRICK MNG CORP 0.0%

Value $264K Shares 6,500 Share Price $40.67 Est. Cost/Share $37.42 Unrealized @ Report Date +8.7%

RTX RTX CORPORATION 0.0%

Value $933K Shares 5,025 Share Price $185.65 Est. Cost/Share $96.25 Unrealized @ Report Date +92.9%

BND VANGUARD BD INDEX FDS 0.0%

Value $377K Shares 5,377 Share Price $70.15 Est. Cost/Share $74.19 Unrealized @ Report Date -5.4%

BSV VANGUARD BD INDEX FDS 0.0%

Value $863K Shares 11,290 Share Price $76.40 Est. Cost/Share $78.74 Unrealized @ Report Date -3.0%

BINC BLACKROCK ETF TRUST II 0.0%

Value $391K Shares 7,700 Share Price $50.79 Est. Cost/Share $52.37 Unrealized @ Report Date -3.0%

VRT VERTIV HOLDINGS CO 0.0%

Value $24,131 Shares 100 Share Price $241.31 Est. Cost/Share $113.61 Unrealized @ Report Date +112.4%

VGIT VANGUARD SCOTTSDALE FDS 0.0%

Value $227K Shares 4,000 Share Price $56.66 Est. Cost/Share $60.14 Unrealized @ Report Date -5.8%

MINT PIMCO ETF TR 0.1%

Value $1.849M Shares 18,384 Share Price $100.55 Est. Cost/Share $100.49 Unrealized @ Report Date +0.1%

IEFA ISHARES TR 0.0%

Value $701K Shares 7,236 Share Price $96.88 Est. Cost/Share $93.33 Unrealized @ Report Date +3.8%

NREF NEXPOINT REAL ESTATE FIN INC 0.0%

Value $419K Shares 27,000 Share Price $15.52 Est. Cost/Share $15.50 Unrealized @ Report Date —

CQP CHENIERE ENERGY PARTNERS L P 0.0%

Value $298K Shares 4,900 Share Price $60.86 Est. Cost/Share $49.04 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORP 0.0%

Value $337K Shares 662 Share Price $509.25 Est. Cost/Share $419.22 Unrealized @ Report Date +21.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
MRK	MERCK & CO INC	160,388	$23.31M	1.1%	$145.31	$107.36	+35.3%	COM	58933Y105
D	DOMINION ENERGY INC	286,283	$17.33M	0.8%	$60.52	$56.01	+8.1%	COM	25746U109
NASA	TEMA ETF TRUST	145,500	$3.486M	0.2%	$23.96	$31.95	-25.0%	SPACE INNOV ETF	87975E776
TSLA	TESLA INC	12,909	$4.58M	0.2%	$354.81	$398.37	-10.9%	COM	88160R101
COST	COSTCO WHOLESALE CORPORATION	19,363	$17.63M	0.8%	$910.34	$596.60	+52.6%	COM	22160K105
AAOI	APPLIED OPTOELECTRONICS INC	7,200	$715K	0.0%	$99.26	$136.54	-27.3%	CALL	03823U102
REGN	REGENERON PHARMACEUTICALS	1,705	$1.293M	0.1%	$758.27	$918.00	-17.4%	COM	75886F107
TMO	THERMO FISHER SCIENTIFIC INC	1,172	$791K	0.0%	$675.05	$431.48	+56.4%	COM	883556102
NI	NISOURCE INC	18,600	$725K	0.0%	$39.00	$47.32	-17.6%	COM	65473P105
TE	T1 ENERGY INC	16,000	$61,760	0.0%	$3.86	$7.11	-45.7%	COM NEW	35834F104
NOC	NORTHROP GRUMMAN CORP	3,024	$1.462M	0.1%	$483.48	$557.40	-13.3%	COM	666807102
IALT	BLACKROCK ETF TRUST	43,000	$1.284M	0.1%	$29.86	$28.05	+6.5%	ISHA SYST AL ETF	09290C665
GILD	GILEAD SCIENCES INC	2,431	$362K	0.0%	$149.05	$64.29	+131.8%	COM	375558103
GLD	SPDR GOLD TR	3,253	$1.239M	0.1%	$380.84	$366.31	+4.0%	GOLD SHS	78463V107
IEI	ISHARES TR	10,200	$1.157M	0.1%	$113.44	$119.45	-5.0%	3 7 YR TREAS BD	464288661
SPG	SIMON PPTY GROUP INC NEW	1,700	$341K	0.0%	$200.76	$95.54	—	COM	828806109
LVHD	LEGG MASON ETF INVT	13,791	$571K	0.0%	$41.38	$42.98	-3.7%	FRANKLIN US LOW	52468L406
B	BARRICK MNG CORP	6,500	$264K	0.0%	$40.67	$37.42	+8.7%	COM SHS	06849F108
RTX	RTX CORPORATION	5,025	$933K	0.0%	$185.65	$96.25	+92.9%	COM	75513E101
BND	VANGUARD BD INDEX FDS	5,377	$377K	0.0%	$70.15	$74.19	-5.4%	TOTAL BND MRKT	921937835
BSV	VANGUARD BD INDEX FDS	11,290	$863K	0.0%	$76.40	$78.74	-3.0%	SHORT TRM BOND	921937827
BINC	BLACKROCK ETF TRUST II	7,700	$391K	0.0%	$50.79	$52.37	-3.0%	ISHA FLEX IN ETF	092528603
VRT	VERTIV HOLDINGS CO	100	$24,131	0.0%	$241.31	$113.61	+112.4%	CALL	92537N108
VGIT	VANGUARD SCOTTSDALE FDS	4,000	$227K	0.0%	$56.66	$60.14	-5.8%	INTER TERM TREAS	92206C706
MINT	PIMCO ETF TR	18,384	$1.849M	0.1%	$100.55	$100.49	+0.1%	ENHAN SHRT MA AC	72201R833
IEFA	ISHARES TR	7,236	$701K	0.0%	$96.88	$93.33	+3.8%	CORE MSCI EAFE	46432F842
NREF	NEXPOINT REAL ESTATE FIN INC	27,000	$419K	0.0%	$15.52	$15.50	—	COM	65342V101
CQP	CHENIERE ENERGY PARTNERS L P	4,900	$298K	0.0%	$60.86	$49.04	—	COM UNIT	16411Q101
LMT	LOCKHEED MARTIN CORP	662	$337K	0.0%	$509.25	$419.22	+21.5%	COM	539830109