Polianta Ltd Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EMB	iShares J.P. Morgan USD Emergi	2,326,000	$224	29.3%	$0.10	—	ETP	464288281
USHY	iShares Broad USD High Yield C	4,877,000	$182	23.9%	$0.04	—	ETP	46435U853
REET	iShares Global REIT ETF	3,634,000	$91	11.9%	$0.02	—	ETP	46434V647
EWJ	iShares MSCI Japan ETF	229,500	$19	2.4%	$0.08	—	ETP	46434G822
SPY	SPDR S&P 500 ETF Trust	27,000	$18	2.4%	$0.68	—	ETP	78462F103
VAW	Vanguard Materials ETF	44,400	$9	1.2%	$0.21	—	ETP	92204A801
VIS	Vanguard Industrials ETF	29,900	$9	1.2%	$0.30	—	ETP	92204A603
WBD	Warner Bros Discovery Inc	61,400	$2	0.2%	$23.37	0.0%	Common Stock	934423104
LULU	Lululemon Athletica Inc	8,200	$2	0.2%	$181.15	0.0%	Common Stock	550021109
DECK	Deckers Outdoor Corp	16,000	$2	0.2%	$93.73	0.0%	Common Stock	243537107
ALGN	Align Technology Inc	10,400	$2	0.2%	$143.30	0.0%	Common Stock	016255101
SWK	Stanley Black & Decker Inc	21,700	$2	0.2%	$69.90	0.0%	Common Stock	854502101
RNR	RenaissanceRe Holdings Ltd	5,700	$2	0.2%	$263.15	0.0%	Common Stock	G7496G103
CMCSA	Comcast Corp	53,600	$2	0.2%	$28.53	0.0%	Common Stock	20030N101
MEDP	Medpace Holdings Inc	2,800	$2	0.2%	$567.64	0.0%	Common Stock	58506Q109
CI	Cigna Group/The	5,700	$2	0.2%	$279.23	0.0%	Common Stock	125523100
CPNG	Coupang Inc	65,700	$2	0.2%	$28.45	0.0%	Common Stock	22266T109
AVAV	AeroVironment Inc	6,400	$2	0.2%	$314.38	0.0%	Common Stock	008073108
CHWY	Chewy Inc	46,200	$2	0.2%	$34.72	0.0%	Common Stock	16679L109
NFLX	Netflix Inc	16,200	$2	0.2%	$107.81	0.0%	Common Stock	64110L106
TOST	Toast Inc	42,600	$2	0.2%	$36.05	0.0%	Common Stock	888787108
HUM	Humana Inc	5,900	$2	0.2%	$261.32	0.0%	Common Stock	444859102
CBOE	Cboe Global Markets Inc	6,000	$2	0.2%	$248.74	0.0%	Common Stock	12503M108
APTV	Aptiv PLC	19,800	$2	0.2%	$80.28	0.0%	Common Stock	G3265R107
DD	DuPont de Nemours Inc	37,400	$2	0.2%	$37.39	0.0%	Common Stock	26614N102
NOW	ServiceNow Inc	9,800	$2	0.2%	$171.54	0.0%	Common Stock	81762P102
OVV	Ovintiv Inc	38,200	$1	0.2%	$38.77	0.0%	Common Stock	69047Q102
CF	CF Industries Holdings Inc	19,200	$1	0.2%	$81.93	0.0%	Common Stock	125269100
ADM	Archer-Daniels-Midland Co	25,700	$1	0.2%	$59.48	0.0%	Common Stock	039483102
CSL	Carlisle Cos Inc	4,600	$1	0.2%	$322.65	0.0%	Common Stock	142339100
SJM	J M Smucker Co/The	14,900	$1	0.2%	$102.85	0.0%	Common Stock	832696405
SW	Smurfit WestRock PLC	37,600	$1	0.2%	$38.13	0.0%	Common Stock	G8267P108
PYPL	PayPal Holdings Inc	24,400	$1	0.2%	$64.84	0.0%	Common Stock	70450Y103
ALL	Allstate Corp/The	6,800	$1	0.2%	$204.09	0.0%	Common Stock	020002101
BLDR	Builders FirstSource Inc	13,700	$1	0.2%	$112.38	0.0%	Common Stock	12008R107
BE	Bloom Energy Corp	16,200	$1	0.2%	$105.07	0.0%	Common Stock	093712107
ZS	Zscaler Inc	6,200	$1	0.2%	$282.25	0.0%	Common Stock	98980G102
GLXY	Galaxy Digital Inc	61,700	$1	0.2%	$30.98	0.0%	Common Stock	36317J209
RGTI	Rigetti Computing Inc	61,800	$1	0.2%	$32.60	0.0%	Common Stock	76655K103
OXY	Occidental Petroleum Corp	33,100	$1	0.2%	$41.55	0.0%	Common Stock	674599105
KDP	Keurig Dr Pepper Inc	47,200	$1	0.2%	$27.24	0.0%	Common Stock	49271V100
APA	APA Corp	54,000	$1	0.2%	$24.13	0.0%	Common Stock	03743Q108
F	Ford Motor Co	99,800	$1	0.2%	$12.83	0.0%	Common Stock	345370860
NXT	Nextpower Inc	15,000	$1	0.2%	$90.67	0.0%	Common Stock	65290E101
VST	Vistra Corp	8,100	$1	0.2%	$181.92	0.0%	Common Stock	92840M102
IONQ	IonQ Inc	27,500	$1	0.2%	$56.04	0.0%	Common Stock	46222L108
MP	MP Materials Corp	24,300	$1	0.2%	$63.41	0.0%	Common Stock	553368101

Increased Positions (19)

FIW First Trust Water ETF 3.8%

Value ($000) $29 (+79.9%) Shares 267,700 (+86.0%) Est. Cost $32.27 Unrealized —

EWU iShares MSCI United Kingdom ET 2.5%

Value ($000) $19 (+40.2%) Shares 429,100 (+33.8%) Est. Cost $0.04 Unrealized —

IJS iShares S&P Small-Cap 600 Valu 1.2%

Value ($000) $9 (+10.9%) Shares 78,300 (+7.9%) Est. Cost $0.11 Unrealized —

IJR iShares Core S&P Small-Cap ETF 1.2%

Value ($000) $9 (+10.3%) Shares 73,700 (+9.0%) Est. Cost $0.12 Unrealized —

VCR Vanguard Consumer Discretionar 1.2%

Value ($000) $9 (+10.1%) Shares 22,800 (+10.7%) Est. Cost $0.37 Unrealized —

RKLB Rocket Lab Corp 0.3%

Value ($000) $2 (+47.4%) Shares 32,800 (+1.2%) Est. Cost $45.50 Unrealized +26.0%

INDA iShares MSCI India ETF 1.0%

Value ($000) $8 (+10.2%) Shares 145,500 (+6.1%) Est. Cost $0.06 Unrealized —

IVE iShares S&P 500 Value ETF 1.2%

Value ($000) $9 (+8.6%) Shares 42,200 (+5.8%) Est. Cost $0.21 Unrealized —

FXI iShares China Large-Cap ETF 1.0%

Value ($000) $8 (+8.5%) Shares 209,100 (+16.6%) Est. Cost $0.04 Unrealized —

CART Maplebear Inc 0.2%

Value ($000) $2 (+40.7%) Shares 36,200 (+14.9%) Est. Cost $43.97 Unrealized -6.9%

SMCI Super Micro Computer Inc 0.2%

Value ($000) $1 (-18.6%) Shares 46,000 (+33.3%) Est. Cost $40.01 Unrealized +2.9%

COIN Coinbase Global Inc 0.2%

Value ($000) $1 (-14.3%) Shares 5,500 (+27.9%) Est. Cost $247.79 Unrealized +20.3%

PCG PG&E Corp 0.2%

Value ($000) $2 (+14.7%) Shares 100,300 (+7.6%) Est. Cost $14.62 Unrealized +8.9%

MOS Mosaic Co/The 0.2%

Value ($000) $1 (+14.7%) Shares 61,400 (+65.1%) Est. Cost $29.57 Unrealized -9.5%

MSTR Strategy Inc 0.2%

Value ($000) $1 (-9.0%) Shares 8,300 (+93.0%) Est. Cost $300.39 Unrealized -23.4%

MBLY Mobileye Global Inc 0.2%

Value ($000) $1 (-4.9%) Shares 130,900 (+28.6%) Est. Cost $18.09 Unrealized -31.0%

RRX Regal Rexnord Corp 0.2%

Value ($000) $1 (+3.2%) Shares 9,600 (+5.5%) Est. Cost $132.81 Unrealized +7.1%

XYZ Block Inc 0.2%

Value ($000) $1 (-1.7%) Shares 21,500 (+9.1%) Est. Cost $74.17 Unrealized -7.0%

CNH CNH Industrial NV 0.2%

Value ($000) $1 (+0.1%) Shares 151,000 (+17.8%) Est. Cost $11.89 Unrealized -16.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FIW	First Trust Water ETF	267,700 (+86.0%)	$29 (+79.9%)	3.8%	$32.27	—	ETP	33733B100
EWU	iShares MSCI United Kingdom ET	429,100 (+33.8%)	$19 (+40.2%)	2.5%	$0.04	—	ETP	46435G334
IJS	iShares S&P Small-Cap 600 Valu	78,300 (+7.9%)	$9 (+10.9%)	1.2%	$0.11	—	ETP	464287879
IJR	iShares Core S&P Small-Cap ETF	73,700 (+9.0%)	$9 (+10.3%)	1.2%	$0.12	—	ETP	464287804
VCR	Vanguard Consumer Discretionar	22,800 (+10.7%)	$9 (+10.1%)	1.2%	$0.37	—	ETP	92204A108
RKLB	Rocket Lab Corp	32,800 (+1.2%)	$2 (+47.4%)	0.3%	$45.50	+26.0%	Common Stock	773121108
INDA	iShares MSCI India ETF	145,500 (+6.1%)	$8 (+10.2%)	1.0%	$0.06	—	ETP	46429B598
IVE	iShares S&P 500 Value ETF	42,200 (+5.8%)	$9 (+8.6%)	1.2%	$0.21	—	ETP	464287408
FXI	iShares China Large-Cap ETF	209,100 (+16.6%)	$8 (+8.5%)	1.0%	$0.04	—	ETP	464287184
CART	Maplebear Inc	36,200 (+14.9%)	$2 (+40.7%)	0.2%	$43.97	-6.9%	Common Stock	565394103
SMCI	Super Micro Computer Inc	46,000 (+33.3%)	$1 (-18.6%)	0.2%	$40.01	+2.9%	Common Stock	86800U302
COIN	Coinbase Global Inc	5,500 (+27.9%)	$1 (-14.3%)	0.2%	$247.79	+20.3%	Common Stock	19260Q107
PCG	PG&E Corp	100,300 (+7.6%)	$2 (+14.7%)	0.2%	$14.62	+8.9%	Common Stock	69331C108
MOS	Mosaic Co/The	61,400 (+65.1%)	$1 (+14.7%)	0.2%	$29.57	-9.5%	Common Stock	61945C103
MSTR	Strategy Inc	8,300 (+93.0%)	$1 (-9.0%)	0.2%	$300.39	-23.4%	Common Stock	594972408
MBLY	Mobileye Global Inc	130,900 (+28.6%)	$1 (-4.9%)	0.2%	$18.09	-31.0%	Common Stock	60741F104
RRX	Regal Rexnord Corp	9,600 (+5.5%)	$1 (+3.2%)	0.2%	$132.81	+7.1%	Common Stock	758750103
XYZ	Block Inc	21,500 (+9.1%)	$1 (-1.7%)	0.2%	$74.17	-7.0%	Common Stock	852234103
CNH	CNH Industrial NV	151,000 (+17.8%)	$1 (+0.1%)	0.2%	$11.89	-16.0%	Common Stock	N20944109

Exited Positions (35)

CGW Invesco S&P Global Water Index 1.8%

Value ($000) $14 Shares 215,800 Est. Cost $55.84 Unrealized —

EWL iShares MSCI Switzerland ETF 1.8%

Value ($000) $14 Shares 249,300 Est. Cost $0.05 Unrealized —

EWA iShares MSCI Australia ETF 1.7%

Value ($000) $13 Shares 493,800 Est. Cost $0.03 Unrealized —

VWO Vanguard FTSE Emerging Markets 1.3%

Value ($000) $10 Shares 181,900 Est. Cost $0.05 Unrealized —

XLK Technology Select Sector SPDR 1.1%

Value ($000) $8 Shares 30,100 Est. Cost $0.25 Unrealized —

VFH Vanguard Financials ETF 1.0%

Value ($000) $8 Shares 59,300 Est. Cost $0.13 Unrealized —

RBRK Rubrik Inc 0.2%

Value ($000) $2 Shares 19,100 Est. Cost $85.96 Unrealized -10.8%

TTD Trade Desk Inc/The 0.2%

Value ($000) $2 Shares 31,900 Est. Cost $63.45 Unrealized -30.1%

BG Bunge Global SA 0.2%

Value ($000) $2 Shares 19,200 Est. Cost $79.21 Unrealized +16.0%

UNM Unum Group 0.2%

Value ($000) $2 Shares 19,900 Est. Cost $74.94 Unrealized +2.1%

COHR Coherent Corp 0.2%

Value ($000) $2 Shares 14,300 Est. Cost $99.69 Unrealized +50.0%

GAP Gap Inc/The 0.2%

Value ($000) $2 Shares 70,500 Est. Cost $17.89 Unrealized +34.5%

WCC WESCO International Inc 0.2%

Value ($000) $2 Shares 7,100 Est. Cost $146.95 Unrealized +66.7%

EQT EQT Corp 0.2%

Value ($000) $1 Shares 27,200 Est. Cost $52.61 Unrealized +6.7%

SYF Synchrony Financial 0.2%

Value ($000) $1 Shares 20,800 Est. Cost $35.74 Unrealized +113.5%

PR Permian Resources Corp 0.2%

Value ($000) $1 Shares 115,000 Est. Cost $13.71 Unrealized -2.1%

ACGL Arch Capital Group Ltd 0.2%

Value ($000) $1 Shares 16,000 Est. Cost $89.67 Unrealized +2.0%

ED Consolidated Edison Inc 0.2%

Value ($000) $1 Shares 14,400 Est. Cost $99.12 Unrealized -0.3%

TWLO Twilio Inc 0.2%

Value ($000) $1 Shares 14,200 Est. Cost $117.09 Unrealized +5.8%

EIX Edison International 0.2%

Value ($000) $1 Shares 25,600 Est. Cost $53.09 Unrealized +8.0%

QXO QXO Inc 0.2%

Value ($000) $1 Shares 74,100 Est. Cost $20.71 Unrealized -7.4%

CMG Chipotle Mexican Grill Inc 0.2%

Value ($000) $1 Shares 35,900 Est. Cost $45.03 Unrealized -19.7%

STLA Stellantis NV 0.2%

Value ($000) $1 Shares 148,200 Est. Cost $0.01 Unrealized —

TGT Target Corp 0.2%

Value ($000) $1 Shares 15,200 Est. Cost $96.73 Unrealized -5.3%

CVNA Carvana Co 0.2%

Value ($000) $1 Shares 3,600 Est. Cost $109.41 Unrealized +239.8%

GPN Global Payments Inc 0.2%

Value ($000) $1 Shares 16,200 Est. Cost $83.75 Unrealized -4.1%

ONON On Holding AG 0.2%

Value ($000) $1 Shares 31,600 Est. Cost $47.59 Unrealized -9.5%

AS Amer Sports Inc 0.2%

Value ($000) $1 Shares 38,300 Est. Cost $37.71 Unrealized -9.0%

ALB Albemarle Corp 0.2%

Value ($000) $1 Shares 16,200 Est. Cost $73.22 Unrealized +54.7%

FDX FedEx Corp 0.2%

Value ($000) $1 Shares 5,500 Est. Cost $215.22 Unrealized +21.5%

BROS Dutch Bros Inc 0.2%

Value ($000) $1 Shares 24,300 Est. Cost $63.23 Unrealized -10.1%

RDDT Reddit Inc 0.2%

Value ($000) $1 Shares 5,500 Est. Cost $160.79 Unrealized +30.8%

FTV Fortive Corp 0.2%

Value ($000) $1 Shares 25,200 Est. Cost $49.17 Unrealized +5.5%

OKTA Okta Inc 0.2%

Value ($000) $1 Shares 13,100 Est. Cost $93.37 Unrealized -6.5%

TEAM Atlassian Corp 0.1%

Value ($000) $1 Shares 6,300 Est. Cost $248.07 Unrealized -36.7%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CGW	Invesco S&P Global Water Index	215,800	$14	1.8%	$55.84	—	—	46138E263
EWL	iShares MSCI Switzerland ETF	249,300	$14	1.8%	$0.05	—	—	464286749
EWA	iShares MSCI Australia ETF	493,800	$13	1.7%	$0.03	—	—	464286103
VWO	Vanguard FTSE Emerging Markets	181,900	$10	1.3%	$0.05	—	—	922042858
XLK	Technology Select Sector SPDR	30,100	$8	1.1%	$0.25	—	—	81369Y803
VFH	Vanguard Financials ETF	59,300	$8	1.0%	$0.13	—	—	92204A405
RBRK	Rubrik Inc	19,100	$2	0.2%	$85.96	-10.8%	—	781154109
TTD	Trade Desk Inc/The	31,900	$2	0.2%	$63.45	-30.1%	—	88339J105
BG	Bunge Global SA	19,200	$2	0.2%	$79.21	+16.0%	—	H11356104
UNM	Unum Group	19,900	$2	0.2%	$74.94	+2.1%	—	91529Y106
COHR	Coherent Corp	14,300	$2	0.2%	$99.69	+50.0%	—	19247G107
GAP	Gap Inc/The	70,500	$2	0.2%	$17.89	+34.5%	—	364760108
WCC	WESCO International Inc	7,100	$2	0.2%	$146.95	+66.7%	—	95082P105
EQT	EQT Corp	27,200	$1	0.2%	$52.61	+6.7%	—	26884L109
SYF	Synchrony Financial	20,800	$1	0.2%	$35.74	+113.5%	—	87165B103
PR	Permian Resources Corp	115,000	$1	0.2%	$13.71	-2.1%	—	71424F105
ACGL	Arch Capital Group Ltd	16,000	$1	0.2%	$89.67	+2.0%	—	G0450A105
ED	Consolidated Edison Inc	14,400	$1	0.2%	$99.12	-0.3%	—	209115104
TWLO	Twilio Inc	14,200	$1	0.2%	$117.09	+5.8%	—	90138F102
EIX	Edison International	25,600	$1	0.2%	$53.09	+8.0%	—	281020107
QXO	QXO Inc	74,100	$1	0.2%	$20.71	-7.4%	—	82846H405
CMG	Chipotle Mexican Grill Inc	35,900	$1	0.2%	$45.03	-19.7%	—	169656105
STLA	Stellantis NV	148,200	$1	0.2%	$0.01	—	—	N82405106
TGT	Target Corp	15,200	$1	0.2%	$96.73	-5.3%	—	87612E106
CVNA	Carvana Co	3,600	$1	0.2%	$109.41	+239.8%	—	146869102
GPN	Global Payments Inc	16,200	$1	0.2%	$83.75	-4.1%	—	37940X102
ONON	On Holding AG	31,600	$1	0.2%	$47.59	-9.5%	—	H5919C104
AS	Amer Sports Inc	38,300	$1	0.2%	$37.71	-9.0%	—	G0260P102
ALB	Albemarle Corp	16,200	$1	0.2%	$73.22	+54.7%	—	012653101
FDX	FedEx Corp	5,500	$1	0.2%	$215.22	+21.5%	—	31428X106
BROS	Dutch Bros Inc	24,300	$1	0.2%	$63.23	-10.1%	—	26701L100
RDDT	Reddit Inc	5,500	$1	0.2%	$160.79	+30.8%	—	75734B100
FTV	Fortive Corp	25,200	$1	0.2%	$49.17	+5.5%	—	34959J108
OKTA	Okta Inc	13,100	$1	0.2%	$93.37	-6.5%	—	679295105
TEAM	Atlassian Corp	6,300	$1	0.1%	$248.07	-36.7%	—	049468101

Decreased Positions (11)

PHO Invesco Water Resources ETF 1.4%

Value ($000) $11 (-32.3%) Shares 153,700 (-30.6%) Est. Cost $38.63 Unrealized —

CNC Centene Corp 0.2%

Value ($000) $2 (-11.8%) Shares 37,200 (-23.5%) Est. Cost $43.72 Unrealized -14.4%

TAP Molson Coors Beverage Co 0.2%

Value ($000) $1 (-8.9%) Shares 30,100 (-11.7%) Est. Cost $48.53 Unrealized -5.6%

UTHR United Therapeutics Corp 0.2%

Value ($000) $2 (-7.6%) Shares 3,100 (-20.5%) Est. Cost $342.70 Unrealized +35.9%

INTC Intel Corp 0.2%

Value ($000) $1 (-7.1%) Shares 40,300 (-15.5%) Est. Cost $24.23 Unrealized +55.9%

ON ON Semiconductor Corp 0.2%

Value ($000) $1 (+4.4%) Shares 27,400 (-4.9%) Est. Cost $52.63 Unrealized -2.5%

GM General Motors Co 0.2%

Value ($000) $2 (+3.4%) Shares 20,000 (-22.5%) Est. Cost $47.07 Unrealized +49.6%

SATS EchoStar Corp 0.2%

Value ($000) $2 (+2.5%) Shares 14,400 (-28.0%) Est. Cost $45.28 Unrealized +79.8%

UAL United Airlines Holdings Inc 0.2%

Value ($000) $1 (-1.8%) Shares 13,300 (-15.3%) Est. Cost $54.76 Unrealized +84.5%

AU Anglogold Ashanti Plc 0.2%

Value ($000) $2 (+0.7%) Shares 17,700 (-16.9%) Est. Cost $41.90 Unrealized +85.0%

DVN Devon Energy Corp 0.2%

Value ($000) $1 (-0.3%) Shares 39,000 (-4.6%) Est. Cost $33.63 Unrealized +3.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PHO	Invesco Water Resources ETF	153,700 (-30.6%)	$11 (-32.3%)	1.4%	$38.63	—	ETP	46137V142
CNC	Centene Corp	37,200 (-23.5%)	$2 (-11.8%)	0.2%	$43.72	-14.4%	Common Stock	15135B101
TAP	Molson Coors Beverage Co	30,100 (-11.7%)	$1 (-8.9%)	0.2%	$48.53	-5.6%	Common Stock	60871R209
UTHR	United Therapeutics Corp	3,100 (-20.5%)	$2 (-7.6%)	0.2%	$342.70	+35.9%	Common Stock	91307C102
INTC	Intel Corp	40,300 (-15.5%)	$1 (-7.1%)	0.2%	$24.23	+55.9%	Common Stock	458140100
ON	ON Semiconductor Corp	27,400 (-4.9%)	$1 (+4.4%)	0.2%	$52.63	-2.5%	Common Stock	682189105
GM	General Motors Co	20,000 (-22.5%)	$2 (+3.4%)	0.2%	$47.07	+49.6%	Common Stock	37045V100
SATS	EchoStar Corp	14,400 (-28.0%)	$2 (+2.5%)	0.2%	$45.28	+79.8%	Common Stock	278768106
UAL	United Airlines Holdings Inc	13,300 (-15.3%)	$1 (-1.8%)	0.2%	$54.76	+84.5%	Common Stock	910047109
AU	Anglogold Ashanti Plc	17,700 (-16.9%)	$2 (+0.7%)	0.2%	$41.90	+85.0%	Common Stock	G0378L100
DVN	Devon Energy Corp	39,000 (-4.6%)	$1 (-0.3%)	0.2%	$33.63	+3.3%	Common Stock	25179M103

Unchanged Positions (9)

CHTR Charter Communications Inc 0.1%

Value ($000) $1 Shares 5,300 Est. Cost $302.19 Unrealized -25.6%

DAL Delta Air Lines Inc 0.2%

Value ($000) $2 Shares 24,100 Est. Cost $58.63 Unrealized +6.5%

SMMT Summit Therapeutics Inc 0.2%

Value ($000) $1 Shares 74,700 Est. Cost $20.85 Unrealized -9.8%

JLL Jones Lang LaSalle Inc 0.2%

Value ($000) $2 Shares 4,500 Est. Cost $244.53 Unrealized +28.2%

SNX TD SYNNEX Corp 0.2%

Value ($000) $1 Shares 9,200 Est. Cost $146.47 Unrealized +4.3%

ELV Elevance Health Inc 0.2%

Value ($000) $2 Shares 4,500 Est. Cost $308.14 Unrealized +9.3%

KHC Kraft Heinz Co/The 0.2%

Value ($000) $1 Shares 58,000 Est. Cost $26.49 Unrealized -7.0%

GFS GLOBALFOUNDRIES Inc 0.2%

Value ($000) $2 Shares 43,300 Est. Cost $40.09 Unrealized -11.3%

— VanEck Russia ETF 0.0%

Value ($000) $0 Shares 230,500 Est. Cost $26.66 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CHTR	Charter Communications Inc	5,300	$1	0.1%	$302.19	-25.6%	Common Stock	16119P108
DAL	Delta Air Lines Inc	24,100	$2	0.2%	$58.63	+6.5%	Common Stock	247361702
SMMT	Summit Therapeutics Inc	74,700	$1	0.2%	$20.85	-9.8%	Common Stock	86627T108
JLL	Jones Lang LaSalle Inc	4,500	$2	0.2%	$244.53	+28.2%	Common Stock	48020Q107
SNX	TD SYNNEX Corp	9,200	$1	0.2%	$146.47	+4.3%	Common Stock	87162W100
ELV	Elevance Health Inc	4,500	$2	0.2%	$308.14	+9.3%	Common Stock	036752103
KHC	Kraft Heinz Co/The	58,000	$1	0.2%	$26.49	-7.0%	Common Stock	500754106
GFS	GLOBALFOUNDRIES Inc	43,300	$2	0.2%	$40.09	-11.3%	Common Stock	G39387108
—	VanEck Russia ETF	230,500	$0	0.0%	$26.66	—	ETP	92189F403