Donoghue Forlines LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XFIV	BONDBLOXX ETF TRUST	663,905	$32,849	10.2%	$49.48	—	BLOOMBERG FVE YR	09789C838
SPAB	SPDR SERIES TRUST	1,272,713	$32,772	10.1%	$25.75	—	STATE STREET SPD	78464A649
LLY	ELI LILLY & CO	2,833	$3,045	0.9%	$955.55	0.0%	COM	532457108
TSLA	TESLA INC	6,494	$2,920	0.9%	$443.29	0.0%	COM	88160R101
MU	MICRON TECHNOLOGY INC	9,925	$2,833	0.9%	$229.35	0.0%	COM	595112103
KLAC	KLA CORP	2,077	$2,524	0.8%	$1171.91	0.0%	COM NEW	482480100
WELL	WELLTOWER INC	13,423	$2,491	0.8%	$186.47	0.0%	COM	95040Q104
IBM	INTERNATIONAL BUSINESS MACHS	8,366	$2,478	0.8%	$298.78	0.0%	COM	459200101
CAT	CATERPILLAR INC	4,245	$2,432	0.8%	$555.50	0.0%	COM	149123101
AMAT	APPLIED MATLS INC	9,423	$2,422	0.7%	$239.49	0.0%	COM	038222105
CIEN	CIENA CORP	10,330	$2,416	0.7%	$194.00	0.0%	COM NEW	171779309
WRB	BERKLEY W R CORP	34,401	$2,412	0.7%	$72.74	0.0%	COM	084423102
CB	CHUBB LIMITED	7,728	$2,412	0.7%	$292.40	0.0%	COM	H1467J104
TTWO	TAKE-TWO INTERACTIVE SOFTWAR	9,315	$2,385	0.7%	$249.31	0.0%	COM	874054109
MNST	MONSTER BEVERAGE CORP NEW	31,027	$2,379	0.7%	$71.65	0.0%	COM	61174X109
CASY	CASEYS GEN STORES INC	4,294	$2,373	0.7%	$549.62	0.0%	COM	147528103
L	LOEWS CORP	22,333	$2,352	0.7%	$103.22	0.0%	COM	540424108
SNDK	SANDISK CORP	9,842	$2,336	0.7%	$200.29	0.0%	COM	80004C200
FOXA	FOX CORP	31,945	$2,334	0.7%	$65.34	0.0%	CL A COM	35137L105
DFTT	NORTHERN LIGHTS FD TR	92,311	$2,317	0.7%	$25.10	—	DF TACTICAL 30 E	66538J258
CBOE	CBOE GLOBAL MKTS INC	9,202	$2,310	0.7%	$248.74	0.0%	COM	12503M108
LITE	LUMENTUM HLDGS INC	6,261	$2,308	0.7%	$256.82	0.0%	COM	55024U109
CINF	CINCINNATI FINL CORP	14,092	$2,302	0.7%	$161.22	0.0%	COM	172062101
EXAS	EXACT SCIENCES CORP	22,634	$2,299	0.7%	$80.31	0.0%	COM	30063P105
FSLR	FIRST SOLAR INC	8,739	$2,283	0.7%	$252.20	0.0%	COM	336433107
COR	CENCORA INC	6,724	$2,271	0.7%	$340.62	0.0%	COM	03073E105
ROST	ROSS STORES INC	12,605	$2,271	0.7%	$166.60	0.0%	COM	778296103
STLD	STEEL DYNAMICS INC	13,384	$2,268	0.7%	$158.36	0.0%	COM	858119100
TJX	TJX COS INC NEW	14,721	$2,261	0.7%	$147.70	0.0%	COM	872540109
WMT	WALMART INC	20,248	$2,256	0.7%	$107.20	0.0%	COM	931142103
WBD	WARNER BROS DISCOVERY INC	77,612	$2,237	0.7%	$23.37	0.0%	COM SER A	934423104
QSR	RESTAURANT BRANDS INTL INC	32,389	$2,210	0.7%	$68.91	0.0%	COM	76131D103
EXE	EXPAND ENERGY CORPORATION	19,641	$2,168	0.7%	$110.64	0.0%	COM	165167735
COHR	COHERENT CORP	11,607	$2,142	0.7%	$149.58	0.0%	COM	19247G107
MRVL	MARVELL TECHNOLOGY INC	24,786	$2,106	0.7%	$87.46	0.0%	COM	573874104
VRT	VERTIV HOLDINGS CO	12,606	$2,042	0.6%	$173.58	0.0%	COM CL A	92537N108
BE	BLOOM ENERGY CORP	22,627	$1,966	0.6%	$105.07	0.0%	COM CL A	093712107
GE	GE AEROSPACE	1,149	$354	0.1%	$300.80	0.0%	COM NEW	369604301
PLTR	PALANTIR TECHNOLOGIES INC	1,926	$342	0.1%	$181.03	0.0%	CL A	69608A108
RTX	RTX CORPORATION	1,752	$321	0.1%	$173.32	0.0%	COM	75513E101
TMO	THERMO FISHER SCIENTIFIC INC	522	$302	0.1%	$565.16	0.0%	COM	883556102
AXP	AMERICAN EXPRESS CO	771	$285	0.1%	$356.97	0.0%	COM	025816109
APP	APPLOVIN CORP	409	$276	0.1%	$630.10	0.0%	COM CL A	03831W108
GEV	GE VERNOVA INC	407	$266	0.1%	$609.04	0.0%	COM	36828A101
INTC	INTEL CORP	7,001	$258	0.1%	$37.76	0.0%	COM	458140100
CRWD	CROWDSTRIKE HLDGS INC	523	$245	0.1%	$509.22	0.0%	CL A	22788C105

Increased Positions (22)

SPHY SPDR SERIES TRUST 7.9%

Value ($000) $25,674 (+158.0%) Shares 1,084,667 (+161.0%) Est. Cost $23.56 Unrealized —

MS MORGAN STANLEY 1.2%

Value ($000) $4,030 (+161.8%) Shares 22,703 (+134.4%) Est. Cost $146.54 Unrealized +13.6%

SPG SIMON PPTY GROUP INC NEW 1.2%

Value ($000) $3,850 (+147.2%) Shares 20,799 (+150.6%) Est. Cost $169.65 Unrealized +6.1%

NRG NRG ENERGY INC 1.1%

Value ($000) $3,579 (+139.4%) Shares 22,473 (+143.4%) Est. Cost $134.48 Unrealized +22.9%

GOOGL ALPHABET INC 1.1%

Value ($000) $3,488 (+56.8%) Shares 11,144 (+21.8%) Est. Cost $222.86 Unrealized +28.2%

AAPL APPLE INC 1.1%

Value ($000) $3,693 (+51.5%) Shares 13,584 (+41.9%) Est. Cost $238.20 Unrealized +12.7%

AVGO BROADCOM INC 0.8%

Value ($000) $2,617 (+34.1%) Shares 7,562 (+27.9%) Est. Cost $241.90 Unrealized +47.6%

GS GOLDMAN SACHS GROUP INC 0.8%

Value ($000) $2,575 (+14.4%) Shares 2,929 (+3.7%) Est. Cost $737.63 Unrealized +10.3%

APH AMPHENOL CORP NEW 0.8%

Value ($000) $2,512 (+11.1%) Shares 18,590 (+1.7%) Est. Cost $82.26 Unrealized +62.3%

ABBV ABBVIE INC 0.6%

Value ($000) $1,870 (+14.9%) Shares 8,186 (+16.5%) Est. Cost $168.06 Unrealized +35.4%

CMCSA COMCAST CORP NEW 0.5%

Value ($000) $1,610 (+15.4%) Shares 53,877 (+21.3%) Est. Cost $37.46 Unrealized -23.8%

HPQ HP INC 0.4%

Value ($000) $1,299 (-9.0%) Shares 58,302 (+11.2%) Est. Cost $31.77 Unrealized -20.5%

BBY BEST BUY INC 0.4%

Value ($000) $1,342 (-8.6%) Shares 20,045 (+3.3%) Est. Cost $83.43 Unrealized -9.6%

FNF FIDELITY NATIONAL FINANCIAL 0.4%

Value ($000) $1,435 (-5.1%) Shares 26,293 (+5.1%) Est. Cost $55.58 Unrealized -1.5%

T AT&T INC 0.5%

Value ($000) $1,513 (+5.1%) Shares 60,921 (+19.5%) Est. Cost $22.13 Unrealized +14.3%

CAG CONAGRA BRANDS INC 0.5%

Value ($000) $1,475 (+4.8%) Shares 85,203 (+10.9%) Est. Cost $24.12 Unrealized -26.9%

PAYX PAYCHEX INC 0.5%

Value ($000) $1,477 (+4.3%) Shares 13,168 (+17.8%) Est. Cost $124.45 Unrealized -6.4%

VICI VICI PPTYS INC 0.5%

Value ($000) $1,506 (+2.9%) Shares 53,548 (+19.3%) Est. Cost $29.18 Unrealized +0.4%

TROW PRICE T ROWE GROUP INC 0.5%

Value ($000) $1,469 (+2.6%) Shares 14,351 (+2.9%) Est. Cost $102.25 Unrealized -0.1%

CF CF INDS HLDGS INC 0.5%

Value ($000) $1,510 (-1.6%) Shares 19,525 (+14.1%) Est. Cost $82.65 Unrealized -0.9%

VZ VERIZON COMMUNICATIONS INC 0.5%

Value ($000) $1,517 (+0.9%) Shares 37,236 (+8.9%) Est. Cost $35.81 Unrealized +13.1%

PKG PACKAGING CORP AMER 0.5%

Value ($000) $1,512 (-0.6%) Shares 7,334 (+5.1%) Est. Cost $186.58 Unrealized +8.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPHY	SPDR SERIES TRUST	1,084,667 (+161.0%)	$25,674 (+158.0%)	7.9%	$23.56	—	STATE STREET SPD	78468R606
MS	MORGAN STANLEY	22,703 (+134.4%)	$4,030 (+161.8%)	1.2%	$146.54	+13.6%	COM NEW	617446448
SPG	SIMON PPTY GROUP INC NEW	20,799 (+150.6%)	$3,850 (+147.2%)	1.2%	$169.65	+6.1%	COM	828806109
NRG	NRG ENERGY INC	22,473 (+143.4%)	$3,579 (+139.4%)	1.1%	$134.48	+22.9%	COM NEW	629377508
GOOGL	ALPHABET INC	11,144 (+21.8%)	$3,488 (+56.8%)	1.1%	$222.86	+28.2%	CAP STK CL A	02079K305
AAPL	APPLE INC	13,584 (+41.9%)	$3,693 (+51.5%)	1.1%	$238.20	+12.7%	COM	037833100
AVGO	BROADCOM INC	7,562 (+27.9%)	$2,617 (+34.1%)	0.8%	$241.90	+47.6%	COM	11135F101
GS	GOLDMAN SACHS GROUP INC	2,929 (+3.7%)	$2,575 (+14.4%)	0.8%	$737.63	+10.3%	COM	38141G104
APH	AMPHENOL CORP NEW	18,590 (+1.7%)	$2,512 (+11.1%)	0.8%	$82.26	+62.3%	CL A	032095101
ABBV	ABBVIE INC	8,186 (+16.5%)	$1,870 (+14.9%)	0.6%	$168.06	+35.4%	COM	00287Y109
CMCSA	COMCAST CORP NEW	53,877 (+21.3%)	$1,610 (+15.4%)	0.5%	$37.46	-23.8%	CL A	20030N101
HPQ	HP INC	58,302 (+11.2%)	$1,299 (-9.0%)	0.4%	$31.77	-20.5%	COM	40434L105
BBY	BEST BUY INC	20,045 (+3.3%)	$1,342 (-8.6%)	0.4%	$83.43	-9.6%	COM	086516101
FNF	FIDELITY NATIONAL FINANCIAL	26,293 (+5.1%)	$1,435 (-5.1%)	0.4%	$55.58	-1.5%	COM SHS	31620R303
T	AT&T INC	60,921 (+19.5%)	$1,513 (+5.1%)	0.5%	$22.13	+14.3%	COM	00206R102
CAG	CONAGRA BRANDS INC	85,203 (+10.9%)	$1,475 (+4.8%)	0.5%	$24.12	-26.9%	COM	205887102
PAYX	PAYCHEX INC	13,168 (+17.8%)	$1,477 (+4.3%)	0.5%	$124.45	-6.4%	COM	704326107
VICI	VICI PPTYS INC	53,548 (+19.3%)	$1,506 (+2.9%)	0.5%	$29.18	+0.4%	COM	925652109
TROW	PRICE T ROWE GROUP INC	14,351 (+2.9%)	$1,469 (+2.6%)	0.5%	$102.25	-0.1%	COM	74144T108
CF	CF INDS HLDGS INC	19,525 (+14.1%)	$1,510 (-1.6%)	0.5%	$82.65	-0.9%	COM	125269100
VZ	VERIZON COMMUNICATIONS INC	37,236 (+8.9%)	$1,517 (+0.9%)	0.5%	$35.81	+13.1%	COM	92343V104
PKG	PACKAGING CORP AMER	7,334 (+5.1%)	$1,512 (-0.6%)	0.5%	$186.58	+8.5%	COM	695156109

Exited Positions (33)

BIL SPDR SERIES TRUST 10.3%

Value ($000) $33,203 Shares 361,883 Est. Cost $91.73 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 10.3%

Value ($000) $33,174 Shares 653,942 Est. Cost $50.69 Unrealized —

— BLACKROCK FLOATING RATE INC 2.8%

Value ($000) $9,012 Shares 939,719 Est. Cost $9.59 Unrealized —

SNPS SYNOPSYS INC 0.9%

Value ($000) $2,760 Shares 5,594 Est. Cost $565.30 Unrealized -21.4%

IOO ISHARES TR 0.7%

Value ($000) $2,354 Shares 19,610 Est. Cost $107.81 Unrealized —

NEM NEWMONT CORP 0.7%

Value ($000) $2,335 Shares 27,695 Est. Cost $52.90 Unrealized +70.5%

BK BANK NEW YORK MELLON CORP 0.7%

Value ($000) $2,275 Shares 20,880 Est. Cost $101.35 Unrealized +9.0%

TEL TE CONNECTIVITY PLC 0.7%

Value ($000) $2,266 Shares 10,323 Est. Cost $200.01 Unrealized +15.6%

RBLX ROBLOX CORP 0.7%

Value ($000) $2,265 Shares 16,350 Est. Cost $62.86 Unrealized +68.9%

BKR BAKER HUGHES COMPANY 0.7%

Value ($000) $2,255 Shares 46,282 Est. Cost $43.83 Unrealized +8.0%

CDNS CADENCE DESIGN SYSTEM INC 0.7%

Value ($000) $2,253 Shares 6,415 Est. Cost $290.76 Unrealized +12.2%

SOFI SOFI TECHNOLOGIES INC 0.7%

Value ($000) $2,248 Shares 85,085 Est. Cost $23.73 Unrealized +17.4%

IQV IQVIA HLDGS INC 0.7%

Value ($000) $2,243 Shares 11,810 Est. Cost $181.84 Unrealized +19.7%

EME EMCOR GROUP INC 0.7%

Value ($000) $2,221 Shares 3,419 Est. Cost $606.37 Unrealized +6.8%

FAST FASTENAL CO 0.7%

Value ($000) $2,220 Shares 45,269 Est. Cost $46.94 Unrealized -10.5%

URI UNITED RENTALS INC 0.7%

Value ($000) $2,191 Shares 2,295 Est. Cost $888.48 Unrealized -2.4%

HPE HEWLETT PACKARD ENTERPRISE C 0.7%

Value ($000) $2,182 Shares 88,852 Est. Cost $21.88 Unrealized +7.1%

EXPE EXPEDIA GROUP INC 0.7%

Value ($000) $2,154 Shares 10,077 Est. Cost $200.25 Unrealized +23.3%

LVS LAS VEGAS SANDS CORP 0.7%

Value ($000) $2,143 Shares 39,847 Est. Cost $52.28 Unrealized +17.1%

INCY INCYTE CORP 0.7%

Value ($000) $2,135 Shares 25,177 Est. Cost $79.04 Unrealized +22.4%

TSCO TRACTOR SUPPLY CO 0.7%

Value ($000) $2,113 Shares 37,151 Est. Cost $58.52 Unrealized -8.2%

ADM ARCHER DANIELS MIDLAND CO 0.7%

Value ($000) $2,113 Shares 35,362 Est. Cost $57.76 Unrealized +3.0%

ALNY ALNYLAM PHARMACEUTICALS INC 0.7%

Value ($000) $2,110 Shares 4,627 Est. Cost $407.20 Unrealized +8.7%

CBRE CBRE GROUP INC 0.7%

Value ($000) $2,104 Shares 13,353 Est. Cost $154.70 Unrealized +1.6%

HUM HUMANA INC 0.6%

Value ($000) $2,065 Shares 7,938 Est. Cost $261.21 Unrealized +0.0%

SYF SYNCHRONY FINANCIAL 0.6%

Value ($000) $2,064 Shares 29,055 Est. Cost $72.04 Unrealized +5.9%

MSI MOTOROLA SOLUTIONS INC 0.6%

Value ($000) $2,061 Shares 4,508 Est. Cost $448.33 Unrealized -10.6%

RCL ROYAL CARIBBEAN GROUP 0.6%

Value ($000) $2,058 Shares 6,359 Est. Cost $332.02 Unrealized -15.2%

CCL CARNIVAL CORP 0.6%

Value ($000) $2,002 Shares 69,250 Est. Cost $30.20 Unrealized -7.7%

PINS PINTEREST INC 0.6%

Value ($000) $1,980 Shares 61,534 Est. Cost $36.26 Unrealized -20.6%

CRDO CREDO TECHNOLOGY GROUP HOLDI 0.6%

Value ($000) $1,928 Shares 13,244 Est. Cost $122.39 Unrealized +25.7%

RDDT REDDIT INC 0.6%

Value ($000) $1,928 Shares 8,384 Est. Cost $204.09 Unrealized +3.0%

AFRM AFFIRM HLDGS INC 0.6%

Value ($000) $1,870 Shares 25,586 Est. Cost $76.10 Unrealized -5.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SERIES TRUST	361,883	$33,203	10.3%	$91.73	—	—	78468R663
JPST	J P MORGAN EXCHANGE TRADED F	653,942	$33,174	10.3%	$50.69	—	—	46641Q837
—	BLACKROCK FLOATING RATE INC	939,719	$9,012	2.8%	$9.59	—	—	091941104
SNPS	SYNOPSYS INC	5,594	$2,760	0.9%	$565.30	-21.4%	—	871607107
IOO	ISHARES TR	19,610	$2,354	0.7%	$107.81	—	—	464287572
NEM	NEWMONT CORP	27,695	$2,335	0.7%	$52.90	+70.5%	—	651639106
BK	BANK NEW YORK MELLON CORP	20,880	$2,275	0.7%	$101.35	+9.0%	—	064058100
TEL	TE CONNECTIVITY PLC	10,323	$2,266	0.7%	$200.01	+15.6%	—	G87052109
RBLX	ROBLOX CORP	16,350	$2,265	0.7%	$62.86	+68.9%	—	771049103
BKR	BAKER HUGHES COMPANY	46,282	$2,255	0.7%	$43.83	+8.0%	—	05722G100
CDNS	CADENCE DESIGN SYSTEM INC	6,415	$2,253	0.7%	$290.76	+12.2%	—	127387108
SOFI	SOFI TECHNOLOGIES INC	85,085	$2,248	0.7%	$23.73	+17.4%	—	83406F102
IQV	IQVIA HLDGS INC	11,810	$2,243	0.7%	$181.84	+19.7%	—	46266C105
EME	EMCOR GROUP INC	3,419	$2,221	0.7%	$606.37	+6.8%	—	29084Q100
FAST	FASTENAL CO	45,269	$2,220	0.7%	$46.94	-10.5%	—	311900104
URI	UNITED RENTALS INC	2,295	$2,191	0.7%	$888.48	-2.4%	—	911363109
HPE	HEWLETT PACKARD ENTERPRISE C	88,852	$2,182	0.7%	$21.88	+7.1%	—	42824C109
EXPE	EXPEDIA GROUP INC	10,077	$2,154	0.7%	$200.25	+23.3%	—	30212P303
LVS	LAS VEGAS SANDS CORP	39,847	$2,143	0.7%	$52.28	+17.1%	—	517834107
INCY	INCYTE CORP	25,177	$2,135	0.7%	$79.04	+22.4%	—	45337C102
TSCO	TRACTOR SUPPLY CO	37,151	$2,113	0.7%	$58.52	-8.2%	—	892356106
ADM	ARCHER DANIELS MIDLAND CO	35,362	$2,113	0.7%	$57.76	+3.0%	—	039483102
ALNY	ALNYLAM PHARMACEUTICALS INC	4,627	$2,110	0.7%	$407.20	+8.7%	—	02043Q107
CBRE	CBRE GROUP INC	13,353	$2,104	0.7%	$154.70	+1.6%	—	12504L109
HUM	HUMANA INC	7,938	$2,065	0.6%	$261.21	+0.0%	—	444859102
SYF	SYNCHRONY FINANCIAL	29,055	$2,064	0.6%	$72.04	+5.9%	—	87165B103
MSI	MOTOROLA SOLUTIONS INC	4,508	$2,061	0.6%	$448.33	-10.6%	—	620076307
RCL	ROYAL CARIBBEAN GROUP	6,359	$2,058	0.6%	$332.02	-15.2%	—	V7780T103
CCL	CARNIVAL CORP	69,250	$2,002	0.6%	$30.20	-7.7%	—	143658300
PINS	PINTEREST INC	61,534	$1,980	0.6%	$36.26	-20.6%	—	72352L106
CRDO	CREDO TECHNOLOGY GROUP HOLDI	13,244	$1,928	0.6%	$122.39	+25.7%	—	G25457105
RDDT	REDDIT INC	8,384	$1,928	0.6%	$204.09	+3.0%	—	75734B100
AFRM	AFFIRM HLDGS INC	25,586	$1,870	0.6%	$76.10	-5.4%	—	00827B106

Decreased Positions (41)

BKLN INVESCO EXCH TRADED FD TR II 1.7%

Value ($000) $5,571 (-76.9%) Shares 265,264 (-77.0%) Est. Cost $20.90 Unrealized —

CFG CITIZENS FINL GROUP INC 0.5%

Value ($000) $1,487 (-60.4%) Shares 25,451 (-64.0%) Est. Cost $45.82 Unrealized +16.9%

MO ALTRIA GROUP INC 0.5%

Value ($000) $1,460 (-60.0%) Shares 25,318 (-54.2%) Est. Cost $55.81 Unrealized +6.4%

CVX CHEVRON CORP NEW 0.5%

Value ($000) $1,496 (-58.4%) Shares 9,817 (-57.7%) Est. Cost $144.62 Unrealized +4.7%

VST VISTRA CORP 0.4%

Value ($000) $1,451 (-57.7%) Shares 8,995 (-48.6%) Est. Cost $167.48 Unrealized +8.6%

C CITIGROUP INC 0.6%

Value ($000) $1,871 (-51.1%) Shares 16,037 (-57.5%) Est. Cost $82.55 Unrealized +25.5%

AMD ADVANCED MICRO DEVICES INC 0.1%

Value ($000) $333 (-84.9%) Shares 1,555 (-88.6%) Est. Cost $161.38 Unrealized +39.2%

ANET ARISTA NETWORKS INC 0.1%

Value ($000) $270 (-87.2%) Shares 2,062 (-85.7%) Est. Cost $128.77 Unrealized +6.9%

SRLN SSGA ACTIVE ETF TR 7.5%

Value ($000) $24,199 (-6.5%) Shares 586,350 (-5.8%) Est. Cost $41.76 Unrealized —

STX SEAGATE TECHNOLOGY HLDNGS PL 1.1%

Value ($000) $3,482 (-22.2%) Shares 12,643 (-33.3%) Est. Cost $97.54 Unrealized +165.4%

NVDA NVIDIA CORPORATION 0.5%

Value ($000) $1,596 (-30.9%) Shares 8,559 (-30.9%) Est. Cost $174.29 Unrealized +6.8%

WDC WESTERN DIGITAL CORP 0.7%

Value ($000) $2,170 (-20.9%) Shares 12,596 (-44.9%) Est. Cost $81.60 Unrealized +85.7%

TER TERADYNE INC 0.7%

Value ($000) $2,175 (-14.3%) Shares 11,236 (-39.0%) Est. Cost $109.09 Unrealized +57.2%

JNJ JOHNSON & JOHNSON 1.3%

Value ($000) $4,176 (+8.2%) Shares 20,178 (-3.1%) Est. Cost $161.69 Unrealized +21.8%

EA ELECTRONIC ARTS INC 0.7%

Value ($000) $2,301 (-10.5%) Shares 11,263 (-11.7%) Est. Cost $147.46 Unrealized +36.8%

GLW CORNING INC 0.7%

Value ($000) $2,131 (-10.4%) Shares 24,332 (-16.0%) Est. Cost $64.97 Unrealized +32.3%

PSX PHILLIPS 66 0.4%

Value ($000) $1,334 (-13.3%) Shares 10,337 (-8.7%) Est. Cost $121.57 Unrealized +10.2%

BMY BRISTOL-MYERS SQUIBB CO 0.5%

Value ($000) $1,566 (+10.1%) Shares 29,023 (-8.0%) Est. Cost $51.27 Unrealized -7.3%

LHX L3HARRIS TECHNOLOGIES INC 0.5%

Value ($000) $1,527 (-7.4%) Shares 5,201 (-3.6%) Est. Cost $218.38 Unrealized +32.1%

SNA SNAP ON INC 0.5%

Value ($000) $1,470 (-7.5%) Shares 4,265 (-7.0%) Est. Cost $327.11 Unrealized +4.1%

MRK MERCK & CO INC 0.5%

Value ($000) $1,603 (+7.9%) Shares 15,232 (-13.9%) Est. Cost $88.21 Unrealized +5.7%

MDT MEDTRONIC PLC 0.4%

Value ($000) $1,417 (-7.6%) Shares 14,754 (-8.4%) Est. Cost $83.83 Unrealized +15.9%

PFE PFIZER INC 0.4%

Value ($000) $1,436 (-6.9%) Shares 57,663 (-4.8%) Est. Cost $24.57 Unrealized +1.9%

F FORD MTR CO 0.4%

Value ($000) $1,455 (-6.6%) Shares 110,907 (-14.9%) Est. Cost $9.86 Unrealized +30.1%

NTRS NORTHERN TR CORP 0.5%

Value ($000) $1,477 (-6.3%) Shares 10,813 (-7.7%) Est. Cost $99.01 Unrealized +32.1%

PFG PRINCIPAL FINANCIAL GROUP IN 0.4%

Value ($000) $1,453 (-5.6%) Shares 16,472 (-11.3%) Est. Cost $79.81 Unrealized +5.1%

CEG CONSTELLATION ENERGY CORP 0.4%

Value ($000) $1,451 (-5.1%) Shares 4,106 (-11.6%) Est. Cost $263.84 Unrealized +37.7%

LRCX LAM RESEARCH CORP 0.8%

Value ($000) $2,635 (-2.9%) Shares 15,396 (-24.0%) Est. Cost $105.52 Unrealized +47.2%

STT STATE STR CORP 0.5%

Value ($000) $1,489 (-4.5%) Shares 11,540 (-14.1%) Est. Cost $91.36 Unrealized +30.2%

COP CONOCOPHILLIPS 0.4%

Value ($000) $1,438 (-3.6%) Shares 15,359 (-2.6%) Est. Cost $88.02 Unrealized +2.3%

KEY KEYCORP 0.5%

Value ($000) $1,496 (+3.4%) Shares 72,478 (-6.3%) Est. Cost $15.05 Unrealized +22.8%

AMGN AMGEN INC 0.5%

Value ($000) $1,543 (+2.4%) Shares 4,713 (-11.7%) Est. Cost $309.12 Unrealized +2.2%

CMI CUMMINS INC 0.7%

Value ($000) $2,228 (-1.5%) Shares 4,364 (-18.5%) Est. Cost $380.68 Unrealized +22.5%

PCAR PACCAR INC 0.4%

Value ($000) $1,453 (-2.0%) Shares 13,268 (-12.0%) Est. Cost $102.58 Unrealized -1.3%

CME CME GROUP INC 0.5%

Value ($000) $1,523 (-1.4%) Shares 5,578 (-2.5%) Est. Cost $244.18 Unrealized +10.9%

CVS CVS HEALTH CORP 0.5%

Value ($000) $1,494 (-1.4%) Shares 18,831 (-6.4%) Est. Cost $53.65 Unrealized +46.6%

USB US BANCORP DEL 0.5%

Value ($000) $1,481 (+1.4%) Shares 27,763 (-8.2%) Est. Cost $46.33 Unrealized +5.2%

MTB M & T BK CORP 0.5%

Value ($000) $1,464 (-1.3%) Shares 7,264 (-3.2%) Est. Cost $184.51 Unrealized +3.0%

PNC PNC FINL SVCS GROUP INC 0.5%

Value ($000) $1,499 (+1.3%) Shares 7,182 (-2.5%) Est. Cost $188.78 Unrealized +2.1%

FITB FIFTH THIRD BANCORP 0.5%

Value ($000) $1,464 (+0.5%) Shares 31,266 (-4.4%) Est. Cost $42.72 Unrealized +2.2%

XOM EXXON MOBIL CORP 0.5%

Value ($000) $1,496 (+0.4%) Shares 12,429 (-5.9%) Est. Cost $107.18 Unrealized +7.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BKLN	INVESCO EXCH TRADED FD TR II	265,264 (-77.0%)	$5,571 (-76.9%)	1.7%	$20.90	—	SR LN ETF	46138G508
CFG	CITIZENS FINL GROUP INC	25,451 (-64.0%)	$1,487 (-60.4%)	0.5%	$45.82	+16.9%	COM	174610105
MO	ALTRIA GROUP INC	25,318 (-54.2%)	$1,460 (-60.0%)	0.5%	$55.81	+6.4%	COM	02209S103
CVX	CHEVRON CORP NEW	9,817 (-57.7%)	$1,496 (-58.4%)	0.5%	$144.62	+4.7%	COM	166764100
VST	VISTRA CORP	8,995 (-48.6%)	$1,451 (-57.7%)	0.4%	$167.48	+8.6%	COM	92840M102
C	CITIGROUP INC	16,037 (-57.5%)	$1,871 (-51.1%)	0.6%	$82.55	+25.5%	COM NEW	172967424
AMD	ADVANCED MICRO DEVICES INC	1,555 (-88.6%)	$333 (-84.9%)	0.1%	$161.38	+39.2%	COM	007903107
ANET	ARISTA NETWORKS INC	2,062 (-85.7%)	$270 (-87.2%)	0.1%	$128.77	+6.9%	COM SHS	040413205
SRLN	SSGA ACTIVE ETF TR	586,350 (-5.8%)	$24,199 (-6.5%)	7.5%	$41.76	—	STATE STREET BLA	78467V608
STX	SEAGATE TECHNOLOGY HLDNGS PL	12,643 (-33.3%)	$3,482 (-22.2%)	1.1%	$97.54	+165.4%	ORD SHS	G7997R103
NVDA	NVIDIA CORPORATION	8,559 (-30.9%)	$1,596 (-30.9%)	0.5%	$174.29	+6.8%	COM	67066G104
WDC	WESTERN DIGITAL CORP	12,596 (-44.9%)	$2,170 (-20.9%)	0.7%	$81.60	+85.7%	COM	958102105
TER	TERADYNE INC	11,236 (-39.0%)	$2,175 (-14.3%)	0.7%	$109.09	+57.2%	COM	880770102
JNJ	JOHNSON & JOHNSON	20,178 (-3.1%)	$4,176 (+8.2%)	1.3%	$161.69	+21.8%	COM	478160104
EA	ELECTRONIC ARTS INC	11,263 (-11.7%)	$2,301 (-10.5%)	0.7%	$147.46	+36.8%	COM	285512109
GLW	CORNING INC	24,332 (-16.0%)	$2,131 (-10.4%)	0.7%	$64.97	+32.3%	COM	219350105
PSX	PHILLIPS 66	10,337 (-8.7%)	$1,334 (-13.3%)	0.4%	$121.57	+10.2%	COM	718546104
BMY	BRISTOL-MYERS SQUIBB CO	29,023 (-8.0%)	$1,566 (+10.1%)	0.5%	$51.27	-7.3%	COM	110122108
LHX	L3HARRIS TECHNOLOGIES INC	5,201 (-3.6%)	$1,527 (-7.4%)	0.5%	$218.38	+32.1%	COM	502431109
SNA	SNAP ON INC	4,265 (-7.0%)	$1,470 (-7.5%)	0.5%	$327.11	+4.1%	COM	833034101
MRK	MERCK & CO INC	15,232 (-13.9%)	$1,603 (+7.9%)	0.5%	$88.21	+5.7%	COM	58933Y105
MDT	MEDTRONIC PLC	14,754 (-8.4%)	$1,417 (-7.6%)	0.4%	$83.83	+15.9%	SHS	G5960L103
PFE	PFIZER INC	57,663 (-4.8%)	$1,436 (-6.9%)	0.4%	$24.57	+1.9%	COM	717081103
F	FORD MTR CO	110,907 (-14.9%)	$1,455 (-6.6%)	0.4%	$9.86	+30.1%	COM	345370860
NTRS	NORTHERN TR CORP	10,813 (-7.7%)	$1,477 (-6.3%)	0.5%	$99.01	+32.1%	COM	665859104
PFG	PRINCIPAL FINANCIAL GROUP IN	16,472 (-11.3%)	$1,453 (-5.6%)	0.4%	$79.81	+5.1%	COM	74251V102
CEG	CONSTELLATION ENERGY CORP	4,106 (-11.6%)	$1,451 (-5.1%)	0.4%	$263.84	+37.7%	COM	21037T109
LRCX	LAM RESEARCH CORP	15,396 (-24.0%)	$2,635 (-2.9%)	0.8%	$105.52	+47.2%	COM NEW	512807306
STT	STATE STR CORP	11,540 (-14.1%)	$1,489 (-4.5%)	0.5%	$91.36	+30.2%	COM	857477103
COP	CONOCOPHILLIPS	15,359 (-2.6%)	$1,438 (-3.6%)	0.4%	$88.02	+2.3%	COM	20825C104
KEY	KEYCORP	72,478 (-6.3%)	$1,496 (+3.4%)	0.5%	$15.05	+22.8%	COM	493267108
AMGN	AMGEN INC	4,713 (-11.7%)	$1,543 (+2.4%)	0.5%	$309.12	+2.2%	COM	031162100
CMI	CUMMINS INC	4,364 (-18.5%)	$2,228 (-1.5%)	0.7%	$380.68	+22.5%	COM	231021106
PCAR	PACCAR INC	13,268 (-12.0%)	$1,453 (-2.0%)	0.4%	$102.58	-1.3%	COM	693718108
CME	CME GROUP INC	5,578 (-2.5%)	$1,523 (-1.4%)	0.5%	$244.18	+10.9%	COM	12572Q105
CVS	CVS HEALTH CORP	18,831 (-6.4%)	$1,494 (-1.4%)	0.5%	$53.65	+46.6%	COM	126650100
USB	US BANCORP DEL	27,763 (-8.2%)	$1,481 (+1.4%)	0.5%	$46.33	+5.2%	COM NEW	902973304
MTB	M & T BK CORP	7,264 (-3.2%)	$1,464 (-1.3%)	0.5%	$184.51	+3.0%	COM	55261F104
PNC	PNC FINL SVCS GROUP INC	7,182 (-2.5%)	$1,499 (+1.3%)	0.5%	$188.78	+2.1%	COM	693475105
FITB	FIFTH THIRD BANCORP	31,266 (-4.4%)	$1,464 (+0.5%)	0.5%	$42.72	+2.2%	COM	316773100
XOM	EXXON MOBIL CORP	12,429 (-5.9%)	$1,496 (+0.4%)	0.5%	$107.18	+7.8%	COM	30231G102

Unchanged Positions (4)

MET METLIFE INC 0.5%

Value ($000) $1,470 Shares 18,616 Est. Cost $80.57 Unrealized -2.0%

LMT LOCKHEED MARTIN CORP 0.5%

Value ($000) $1,536 Shares 3,175 Est. Cost $448.15 Unrealized +6.3%

HBAN HUNTINGTON BANCSHARES INC 0.5%

Value ($000) $1,469 Shares 84,659 Est. Cost $15.69 Unrealized +3.8%

OKE ONEOK INC NEW 0.5%

Value ($000) $1,481 Shares 20,145 Est. Cost $89.16 Unrealized -21.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MET	METLIFE INC	18,616	$1,470	0.5%	$80.57	-2.0%	COM	59156R108
LMT	LOCKHEED MARTIN CORP	3,175	$1,536	0.5%	$448.15	+6.3%	COM	539830109
HBAN	HUNTINGTON BANCSHARES INC	84,659	$1,469	0.5%	$15.69	+3.8%	COM	446150104
OKE	ONEOK INC NEW	20,145	$1,481	0.5%	$89.16	-21.0%	COM	682680103