CONSOLIDATED CAPITAL MANAGEMENT, LLC Concentrated Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FTCB	FIRST TR EXCHANGE-TRADED FD	541,198	$11,490	3.5%	$21.23	—	CORE INVESTMENT	33738D788
MMM	3M CO	43,464	$6,959	2.1%	$163.18	0.0%	COM	88579Y101
OEF	ISHARES TR	19,182	$6,579	2.0%	$342.97	—	S&P 100 ETF	464287101
IWM	ISHARES TR	26,622	$6,553	2.0%	$246.16	—	RUSSELL 2000 ETF	464287655
INTC	INTEL CORP	133,573	$4,929	1.5%	$37.76	0.0%	COM	458140100
IYR	ISHARES TR	51,797	$4,863	1.5%	$93.89	—	U.S. REAL ES ETF	464287739
BX	BLACKSTONE INC	30,260	$4,664	1.4%	$151.46	0.0%	COM	09260D107
LDOS	LEIDOS HOLDINGS INC	25,801	$4,655	1.4%	$189.10	0.0%	COM	525327102
PWR	QUANTA SVCS INC	11,020	$4,651	1.4%	$439.27	0.0%	COM	74762E102
NLR	VANECK ETF TRUST	36,889	$4,582	1.4%	$124.20	—	URANIUM AND NUCL	92189F601
SYY	SYSCO CORP	60,286	$4,442	1.3%	$75.50	0.0%	COM	871829107
XLK	SELECT SECTOR SPDR TR	28,545	$4,110	1.2%	$143.97	—	STATE STREET TEC	81369Y803
ASML	ASML HOLDING N V	3,700	$3,958	1.2%	$1069.86	—	N Y REGISTRY SHS	N07059210
VST	VISTRA CORP	23,506	$3,792	1.1%	$181.92	0.0%	COM	92840M102
LRCX	LAM RESEARCH CORP	17,723	$3,034	0.9%	$155.36	0.0%	COM NEW	512807306
RSPS	INVESCO EXCHANGE TRADED FD T	59,836	$1,737	0.5%	$29.03	—	S&P500 EQL STP	46137V373
IFRA	ISHARES TR	30,066	$1,582	0.5%	$52.62	—	US INFRASTRUC	46435U713
XLI	SELECT SECTOR SPDR TR	4,001	$621	0.2%	$155.12	—	STATE STREET IND	81369Y704
AMGN	AMGEN INC	1,515	$496	0.2%	$315.95	0.0%	COM	031162100
GS	GOLDMAN SACHS GROUP INC	500	$440	0.1%	$813.35	0.0%	COM	38141G104
XLF	SELECT SECTOR SPDR TR	7,546	$413	0.1%	$54.77	—	STATE STREET FIN	81369Y605
NUKZ	EXCHANGE TRADED CONCEPTS TRU	6,156	$391	0.1%	$63.50	—	RANGE NUCLEAR RE	301505475
SYK	STRYKER CORPORATION	750	$264	0.1%	$363.46	0.0%	COM	863667101
CSCO	CISCO SYS INC	3,400	$262	0.1%	$73.79	0.0%	COM	17275R102
CVX	CHEVRON CORP NEW	1,669	$254	0.1%	$151.40	0.0%	COM	166764100
PEP	PEPSICO INC	1,700	$244	0.1%	$145.91	0.0%	COM	713448108
—	FIRST TR INTER DURATN PFD &	12,571	$234	0.1%	$18.64	—	COM	33718W103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	770	$234	0.1%	$303.89	—	SPONSORED ADS	874039100
RACE	FERRARI N V	625	$231	0.1%	$400.15	0.0%	COM	N3167Y103
XLP	SELECT SECTOR SPDR TR	2,945	$229	0.1%	$77.68	—	STATE STREET CON	81369Y308
JNJ	JOHNSON & JOHNSON	1,020	$211	0.1%	$197.01	0.0%	COM	478160104
—	NUVEEN CR STRATEGIES INCOME	24,514	$123	0.0%	$5.02	—	COM SHS	67073D102
TMC	TMC THE METALS COMPANY INC	10,000	$62	0.0%	$7.02	0.0%	COM	87261Y106

Increased Positions (25)

SGOV ISHARES TR 9.3%

Value ($000) $30,604 (+4323.7%) Shares 304,879 (+4337.8%) Est. Cost $100.39 Unrealized —

USHY ISHARES TR 3.8%

Value ($000) $12,515 (+1008.6%) Shares 334,667 (+1020.0%) Est. Cost $37.43 Unrealized —

NVDA NVIDIA CORPORATION 3.6%

Value ($000) $12,018 (+73.6%) Shares 64,438 (+73.7%) Est. Cost $137.06 Unrealized +35.8%

AVGO BROADCOM INC 1.5%

Value ($000) $4,845 (+1362.6%) Shares 13,998 (+1294.2%) Est. Cost $340.60 Unrealized +4.8%

CAT CATERPILLAR INC 2.4%

Value ($000) $8,082 (+89.1%) Shares 14,108 (+57.5%) Est. Cost $296.89 Unrealized +87.1%

GOOGL ALPHABET INC 3.6%

Value ($000) $11,960 (+33.0%) Shares 38,211 (+3.3%) Est. Cost $113.15 Unrealized +152.4%

JPM JPMORGAN CHASE & CO. 2.4%

Value ($000) $8,027 (+37.4%) Shares 24,913 (+34.5%) Est. Cost $265.98 Unrealized +16.4%

CEG CONSTELLATION ENERGY CORP 2.0%

Value ($000) $6,598 (+26.0%) Shares 18,676 (+17.4%) Est. Cost $280.63 Unrealized +29.4%

AAPL APPLE INC 4.8%

Value ($000) $15,772 (+9.4%) Shares 58,016 (+2.5%) Est. Cost $108.34 Unrealized +147.7%

GOOG ALPHABET INC 0.4%

Value ($000) $1,287 (+103.1%) Shares 4,102 (+57.6%) Est. Cost $220.91 Unrealized +29.6%

META META PLATFORMS INC 3.3%

Value ($000) $11,062 (-4.8%) Shares 16,758 (+5.9%) Est. Cost $257.45 Unrealized +159.2%

MSFT MICROSOFT CORP 4.8%

Value ($000) $15,937 (+3.0%) Shares 32,954 (+10.3%) Est. Cost $161.34 Unrealized +210.3%

BLK BLACKROCK INC 1.8%

Value ($000) $6,011 (+6.6%) Shares 5,616 (+16.1%) Est. Cost $998.88 Unrealized +9.1%

V VISA INC 2.7%

Value ($000) $9,028 (+3.8%) Shares 25,741 (+1.0%) Est. Cost $120.33 Unrealized +182.9%

AMAT APPLIED MATLS INC 0.2%

Value ($000) $514 (+151.0%) Shares 2,000 (+100.0%) Est. Cost $210.14 Unrealized +14.0%

NFLX NETFLIX INC 0.3%

Value ($000) $1,044 (-21.8%) Shares 11,140 (+900.0%) Est. Cost $99.64 Unrealized +8.2%

IBM INTERNATIONAL BUSINESS MACHS 0.1%

Value ($000) $415 (+63.3%) Shares 1,400 (+55.6%) Est. Cost $260.61 Unrealized +14.6%

WSM WILLIAMS SONOMA INC 0.1%

Value ($000) $382 (+71.5%) Shares 2,140 (+87.7%) Est. Cost $188.88 Unrealized -0.9%

INTU INTUIT 0.1%

Value ($000) $384 (+70.7%) Shares 579 (+76.0%) Est. Cost $624.77 Unrealized +5.7%

XLY SELECT SECTOR SPDR TR 0.1%

Value ($000) $209 (-40.8%) Shares 1,752 (+18.8%) Est. Cost $143.14 Unrealized —

ORCL ORACLE CORP 0.2%

Value ($000) $674 (+22.4%) Shares 3,457 (+76.6%) Est. Cost $194.75 Unrealized +22.2%

IYG ISHARES TR 0.2%

Value ($000) $581 (+15.5%) Shares 6,301 (+12.2%) Est. Cost $98.33 Unrealized —

AJG GALLAGHER ARTHUR J & CO 0.1%

Value ($000) $260 (+24.4%) Shares 1,005 (+48.9%) Est. Cost $297.19 Unrealized -11.1%

TSLA TESLA INC 0.2%

Value ($000) $703 (+6.2%) Shares 1,563 (+5.0%) Est. Cost $321.82 Unrealized +37.7%

COIN COINBASE GLOBAL INC 0.1%

Value ($000) $230 (+1.4%) Shares 1,017 (+51.3%) Est. Cost $325.13 Unrealized -8.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SGOV	ISHARES TR	304,879 (+4337.8%)	$30,604 (+4323.7%)	9.3%	$100.39	—	0-3 MNTH TREASRY	46436E718
USHY	ISHARES TR	334,667 (+1020.0%)	$12,515 (+1008.6%)	3.8%	$37.43	—	BROAD USD HIGH	46435U853
NVDA	NVIDIA CORPORATION	64,438 (+73.7%)	$12,018 (+73.6%)	3.6%	$137.06	+35.8%	COM	67066G104
AVGO	BROADCOM INC	13,998 (+1294.2%)	$4,845 (+1362.6%)	1.5%	$340.60	+4.8%	COM	11135F101
CAT	CATERPILLAR INC	14,108 (+57.5%)	$8,082 (+89.1%)	2.4%	$296.89	+87.1%	COM	149123101
GOOGL	ALPHABET INC	38,211 (+3.3%)	$11,960 (+33.0%)	3.6%	$113.15	+152.4%	CAP STK CL A	02079K305
JPM	JPMORGAN CHASE & CO.	24,913 (+34.5%)	$8,027 (+37.4%)	2.4%	$265.98	+16.4%	COM	46625H100
CEG	CONSTELLATION ENERGY CORP	18,676 (+17.4%)	$6,598 (+26.0%)	2.0%	$280.63	+29.4%	COM	21037T109
AAPL	APPLE INC	58,016 (+2.5%)	$15,772 (+9.4%)	4.8%	$108.34	+147.7%	COM	037833100
GOOG	ALPHABET INC	4,102 (+57.6%)	$1,287 (+103.1%)	0.4%	$220.91	+29.6%	CAP STK CL C	02079K107
META	META PLATFORMS INC	16,758 (+5.9%)	$11,062 (-4.8%)	3.3%	$257.45	+159.2%	CL A	30303M102
MSFT	MICROSOFT CORP	32,954 (+10.3%)	$15,937 (+3.0%)	4.8%	$161.34	+210.3%	COM	594918104
BLK	BLACKROCK INC	5,616 (+16.1%)	$6,011 (+6.6%)	1.8%	$998.88	+9.1%	COM	09290D101
V	VISA INC	25,741 (+1.0%)	$9,028 (+3.8%)	2.7%	$120.33	+182.9%	COM CL A	92826C839
AMAT	APPLIED MATLS INC	2,000 (+100.0%)	$514 (+151.0%)	0.2%	$210.14	+14.0%	COM	038222105
NFLX	NETFLIX INC	11,140 (+900.0%)	$1,044 (-21.8%)	0.3%	$99.64	+8.2%	COM	64110L106
IBM	INTERNATIONAL BUSINESS MACHS	1,400 (+55.6%)	$415 (+63.3%)	0.1%	$260.61	+14.6%	COM	459200101
WSM	WILLIAMS SONOMA INC	2,140 (+87.7%)	$382 (+71.5%)	0.1%	$188.88	-0.9%	COM	969904101
INTU	INTUIT	579 (+76.0%)	$384 (+70.7%)	0.1%	$624.77	+5.7%	COM	461202103
XLY	SELECT SECTOR SPDR TR	1,752 (+18.8%)	$209 (-40.8%)	0.1%	$143.14	—	STATE STREET CON	81369Y407
ORCL	ORACLE CORP	3,457 (+76.6%)	$674 (+22.4%)	0.2%	$194.75	+22.2%	COM	68389X105
IYG	ISHARES TR	6,301 (+12.2%)	$581 (+15.5%)	0.2%	$98.33	—	U.S. FIN SVC ETF	464287770
AJG	GALLAGHER ARTHUR J & CO	1,005 (+48.9%)	$260 (+24.4%)	0.1%	$297.19	-11.1%	COM	363576109
TSLA	TESLA INC	1,563 (+5.0%)	$703 (+6.2%)	0.2%	$321.82	+37.7%	COM	88160R101
COIN	COINBASE GLOBAL INC	1,017 (+51.3%)	$230 (+1.4%)	0.1%	$325.13	-8.4%	COM CL A	19260Q107

Exited Positions (7)

MCD MCDONALDS CORP 1.6%

Value ($000) $5,249 Shares 17,272 Est. Cost $194.96 Unrealized +56.5%

TOL TOLL BROTHERS INC 1.3%

Value ($000) $4,257 Shares 30,820 Est. Cost $49.64 Unrealized +173.5%

SFM SPROUTS FMRS MKT INC 1.1%

Value ($000) $3,763 Shares 34,583 Est. Cost $148.73 Unrealized -39.7%

QQQ INVESCO QQQ TR 0.4%

Value ($000) $1,336 Shares 2,225 Est. Cost $309.75 Unrealized —

DIA SPDR DOW JONES INDL AVERAGE 0.2%

Value ($000) $766 Shares 1,652 Est. Cost $247.42 Unrealized —

RBLX ROBLOX CORP 0.1%

Value ($000) $222 Shares 1,600 Est. Cost $124.28 Unrealized -14.6%

HD HOME DEPOT INC 0.1%

Value ($000) $218 Shares 537 Est. Cost $389.16 Unrealized -6.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MCD	MCDONALDS CORP	17,272	$5,249	1.6%	$194.96	+56.5%	—	580135101
TOL	TOLL BROTHERS INC	30,820	$4,257	1.3%	$49.64	+173.5%	—	889478103
SFM	SPROUTS FMRS MKT INC	34,583	$3,763	1.1%	$148.73	-39.7%	—	85208M102
QQQ	INVESCO QQQ TR	2,225	$1,336	0.4%	$309.75	—	—	46090E103
DIA	SPDR DOW JONES INDL AVERAGE	1,652	$766	0.2%	$247.42	—	—	78467X109
RBLX	ROBLOX CORP	1,600	$222	0.1%	$124.28	-14.6%	—	771049103
HD	HOME DEPOT INC	537	$218	0.1%	$389.16	-6.3%	—	437076102

Decreased Positions (14)

VIG VANGUARD SPECIALIZED FUNDS 2.6%

Value ($000) $8,744 (-63.5%) Shares 39,784 (-64.2%) Est. Cost $176.92 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 2.5%

Value ($000) $8,224 (-64.8%) Shares 42,931 (-65.1%) Est. Cost $173.74 Unrealized —

IYH ISHARES TR 2.6%

Value ($000) $8,478 (-53.2%) Shares 130,231 (-57.8%) Est. Cost $80.48 Unrealized —

VDC VANGUARD WORLD FD 1.4%

Value ($000) $4,517 (-66.1%) Shares 21,385 (-65.7%) Est. Cost $216.64 Unrealized —

GLD SPDR GOLD TR 4.9%

Value ($000) $16,049 (-29.9%) Shares 40,496 (-37.1%) Est. Cost $288.98 Unrealized —

LLY ELI LILLY & CO 0.1%

Value ($000) $435 (-93.9%) Shares 405 (-95.7%) Est. Cost $813.81 Unrealized +17.4%

NUE NUCOR CORP 0.1%

Value ($000) $412 (-94.0%) Shares 2,523 (-95.0%) Est. Cost $124.74 Unrealized +20.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $2,898 (-65.0%) Shares 5,766 (-65.0%) Est. Cost $389.73 Unrealized +27.7%

QSR RESTAURANT BRANDS INTL INC 0.1%

Value ($000) $233 (-95.3%) Shares 3,420 (-95.6%) Est. Cost $64.63 Unrealized +6.6%

XLU SELECT SECTOR SPDR TR 0.6%

Value ($000) $1,931 (-65.9%) Shares 45,244 (-30.4%) Est. Cost $78.94 Unrealized —

SMH VANECK ETF TRUST 0.6%

Value ($000) $2,039 (-54.6%) Shares 5,663 (-58.8%) Est. Cost $215.16 Unrealized —

COST COSTCO WHSL CORP NEW 2.0%

Value ($000) $6,683 (-22.6%) Shares 7,750 (-17.0%) Est. Cost $413.38 Unrealized +119.1%

GE GE AEROSPACE 2.4%

Value ($000) $7,794 (-5.6%) Shares 25,301 (-7.8%) Est. Cost $75.36 Unrealized +299.1%

AMZN AMAZON COM INC 4.2%

Value ($000) $13,840 (-0.2%) Shares 59,962 (-5.0%) Est. Cost $120.99 Unrealized +89.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VIG	VANGUARD SPECIALIZED FUNDS	39,784 (-64.2%)	$8,744 (-63.5%)	2.6%	$176.92	—	DIV APP ETF	921908844
RSP	INVESCO EXCHANGE TRADED FD T	42,931 (-65.1%)	$8,224 (-64.8%)	2.5%	$173.74	—	S&P500 EQL WGT	46137V357
IYH	ISHARES TR	130,231 (-57.8%)	$8,478 (-53.2%)	2.6%	$80.48	—	US HLTHCARE ETF	464287762
VDC	VANGUARD WORLD FD	21,385 (-65.7%)	$4,517 (-66.1%)	1.4%	$216.64	—	CONSUM STP ETF	92204A207
GLD	SPDR GOLD TR	40,496 (-37.1%)	$16,049 (-29.9%)	4.9%	$288.98	—	GOLD SHS	78463V107
LLY	ELI LILLY & CO	405 (-95.7%)	$435 (-93.9%)	0.1%	$813.81	+17.4%	COM	532457108
NUE	NUCOR CORP	2,523 (-95.0%)	$412 (-94.0%)	0.1%	$124.74	+20.1%	COM	670346105
BRK/B	BERKSHIRE HATHAWAY INC DEL	5,766 (-65.0%)	$2,898 (-65.0%)	0.9%	$389.73	+27.7%	CL B NEW	084670702
QSR	RESTAURANT BRANDS INTL INC	3,420 (-95.6%)	$233 (-95.3%)	0.1%	$64.63	+6.6%	COM	76131D103
XLU	SELECT SECTOR SPDR TR	45,244 (-30.4%)	$1,931 (-65.9%)	0.6%	$78.94	—	STATE STREET UTI	81369Y886
SMH	VANECK ETF TRUST	5,663 (-58.8%)	$2,039 (-54.6%)	0.6%	$215.16	—	SEMICONDUCTR ETF	92189F676
COST	COSTCO WHSL CORP NEW	7,750 (-17.0%)	$6,683 (-22.6%)	2.0%	$413.38	+119.1%	COM	22160K105
GE	GE AEROSPACE	25,301 (-7.8%)	$7,794 (-5.6%)	2.4%	$75.36	+299.1%	COM NEW	369604301
AMZN	AMAZON COM INC	59,962 (-5.0%)	$13,840 (-0.2%)	4.2%	$120.99	+89.1%	COM	023135106

Unchanged Positions (7)

MSTR STRATEGY INC 0.1%

Value ($000) $243 Shares 1,600 Est. Cost $153.57 Unrealized +49.9%

CRM SALESFORCE INC 0.1%

Value ($000) $349 Shares 1,318 Est. Cost $187.29 Unrealized +32.5%

NET CLOUDFLARE INC 0.1%

Value ($000) $217 Shares 1,100 Est. Cost $145.18 Unrealized +45.7%

HTZ HERTZ GLOBAL HLDGS INC 0.0%

Value ($000) $57 Shares 11,008 Est. Cost $6.24 Unrealized -12.5%

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $261 Shares 2,735 Est. Cost $73.20 Unrealized +33.9%

UNP UNION PAC CORP 0.1%

Value ($000) $336 Shares 1,455 Est. Cost $154.66 Unrealized +47.0%

MA MASTERCARD INCORPORATED 0.1%

Value ($000) $343 Shares 600 Est. Cost $304.57 Unrealized +83.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSTR	STRATEGY INC	1,600	$243	0.1%	$153.57	+49.9%	CL A NEW	594972408
CRM	SALESFORCE INC	1,318	$349	0.1%	$187.29	+32.5%	COM	79466L302
NET	CLOUDFLARE INC	1,100	$217	0.1%	$145.18	+45.7%	CL A COM	18915M107
HTZ	HERTZ GLOBAL HLDGS INC	11,008	$57	0.0%	$6.24	-12.5%	COM NEW	42806J700
BSX	BOSTON SCIENTIFIC CORP	2,735	$261	0.1%	$73.20	+33.9%	COM	101137107
UNP	UNION PAC CORP	1,455	$336	0.1%	$154.66	+47.0%	COM	907818108
MA	MASTERCARD INCORPORATED	600	$343	0.1%	$304.57	+83.5%	CL A	57636Q104