Lake Hills Wealth Management, LLC Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XME	SPDR SERIES TRUST	79,764	$8,264	4.3%	$103.61	—	STATE STREET SPD	78464A755
XLV	SELECT SECTOR SPDR TR	44,827	$6,939	3.6%	$154.80	—	STATE STREET HEA	81369Y209
VTV	VANGUARD INDEX FDS	33,448	$6,388	3.3%	$190.99	—	VALUE ETF	922908744
EFA	ISHARES TR	66,066	$6,344	3.3%	$96.03	—	MSCI EAFE ETF	464287465
EEM	ISHARES TR	113,550	$6,212	3.2%	$54.71	—	MSCI EMG MKT ETF	464287234
PAVE	GLOBAL X FDS	128,792	$6,155	3.2%	$47.79	—	US INFR DEV ETF	37954Y673
FCG	FIRST TR EXCHANGE-TRADED FD	239,072	$5,597	2.9%	$23.41	—	NAT GAS ETF	33733E807
REMX	VANECK ETF TRUST	31,015	$2,293	1.2%	$73.92	—	RARE EARTH AND S	92189H805
IEF	ISHARES TR	20,565	$1,978	1.0%	$96.16	—	7-10 YR TRSY BD	464287440
KMI	KINDER MORGAN INC DEL	21,452	$590	0.3%	$26.91	0.0%	COM	49456B101
GLNG	GOLAR LNG LTD	15,804	$588	0.3%	$38.10	0.0%	SHS	G9456A100
UPS	UNITED PARCEL SERVICE INC	5,177	$514	0.3%	$92.75	0.0%	CL B	911312106
XLU	SELECT SECTOR SPDR TR	11,435	$488	0.3%	$42.69	—	STATE STREET UTI	81369Y886
LULU	LULULEMON ATHLETICA INC	2,172	$451	0.2%	$181.15	0.0%	COM	550021109
SNA	SNAP ON INC	1,280	$441	0.2%	$340.47	0.0%	COM	833034101
ACN	ACCENTURE PLC IRELAND	1,577	$423	0.2%	$254.06	0.0%	SHS CLASS A	G1151C101
FAST	FASTENAL CO	10,163	$408	0.2%	$42.03	0.0%	COM	311900104
ED	CONSOLIDATED EDISON INC	4,087	$406	0.2%	$98.79	0.0%	COM	209115104
URI	UNITED RENTALS INC	499	$404	0.2%	$867.08	0.0%	COM	911363109
EME	EMCOR GROUP INC	659	$403	0.2%	$647.50	0.0%	COM	29084Q100
MELI	MERCADOLIBRE INC	197	$397	0.2%	$2100.46	0.0%	COM	58733R102
ITW	ILLINOIS TOOL WKS INC	1,597	$393	0.2%	$247.57	0.0%	COM	452308109
TIC	TIC SOLUTIONS INC	31,179	$315	0.2%	$11.13	0.0%	COM	00510N102
SGOV	ISHARES TR	2,704	$271	0.1%	$100.38	—	0-3 MNTH TREASRY	46436E718
DOCU	DOCUSIGN INC	3,817	$261	0.1%	$69.15	0.0%	COM	256163106
GOOG	ALPHABET INC	763	$239	0.1%	$286.33	0.0%	CAP STK CL C	02079K107
TE	T1 ENERGY INC	17,845	$119	0.1%	$4.41	0.0%	COM NEW	35834F104

Increased Positions (9)

BIL SPDR SERIES TRUST 8.2%

Value ($000) $15,751 (+151.7%) Shares 172,364 (+152.7%) Est. Cost $91.52 Unrealized —

STIP ISHARES TR 5.1%

Value ($000) $9,680 (+69.5%) Shares 94,542 (+71.1%) Est. Cost $101.49 Unrealized —

IEI ISHARES TR 4.6%

Value ($000) $8,813 (+58.8%) Shares 73,844 (+59.0%) Est. Cost $117.24 Unrealized —

EMLC VANECK ETF TRUST 2.4%

Value ($000) $4,514 (+113.8%) Shares 174,826 (+111.3%) Est. Cost $25.60 Unrealized —

SPTS SPDR SERIES TRUST 0.6%

Value ($000) $1,231 (+268.8%) Shares 42,059 (+269.3%) Est. Cost $29.29 Unrealized —

AMLP ALPS ETF TR 2.7%

Value ($000) $5,087 (+7.3%) Shares 108,197 (+7.1%) Est. Cost $43.08 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $709 (+63.4%) Shares 12,074 (+63.8%) Est. Cost $58.54 Unrealized —

AGG ISHARES TR 1.1%

Value ($000) $2,095 (+7.0%) Shares 20,971 (+7.4%) Est. Cost $97.66 Unrealized —

GEV GE VERNOVA INC 0.2%

Value ($000) $416 (+30.5%) Shares 636 (+22.8%) Est. Cost $454.77 Unrealized +33.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BIL	SPDR SERIES TRUST	172,364 (+152.7%)	$15,751 (+151.7%)	8.2%	$91.52	—	STATE STREET SPD	78468R663
STIP	ISHARES TR	94,542 (+71.1%)	$9,680 (+69.5%)	5.1%	$101.49	—	0-5 YR TIPS ETF	46429B747
IEI	ISHARES TR	73,844 (+59.0%)	$8,813 (+58.8%)	4.6%	$117.24	—	3 7 YR TREAS BD	464288661
EMLC	VANECK ETF TRUST	174,826 (+111.3%)	$4,514 (+113.8%)	2.4%	$25.60	—	JP MRGAN EM LOC	92189H300
SPTS	SPDR SERIES TRUST	42,059 (+269.3%)	$1,231 (+268.8%)	0.6%	$29.29	—	STATE STREET SPD	78468R101
AMLP	ALPS ETF TR	108,197 (+7.1%)	$5,087 (+7.3%)	2.7%	$43.08	—	ALERIAN MLP	00162Q452
VGSH	VANGUARD SCOTTSDALE FDS	12,074 (+63.8%)	$709 (+63.4%)	0.4%	$58.54	—	SHORT TERM TREAS	92206C102
AGG	ISHARES TR	20,971 (+7.4%)	$2,095 (+7.0%)	1.1%	$97.66	—	CORE US AGGBD ET	464287226
GEV	GE VERNOVA INC	636 (+22.8%)	$416 (+30.5%)	0.2%	$454.77	+33.9%	COM	36828A101

Exited Positions (17)

SPLV INVESCO EXCH TRADED FD TR II 5.6%

Value ($000) $10,642 Shares 144,824 Est. Cost $73.07 Unrealized —

SMH VANECK ETF TRUST 3.4%

Value ($000) $6,609 Shares 20,252 Est. Cost $326.36 Unrealized —

KWEB KRANESHARES TRUST 2.4%

Value ($000) $4,527 Shares 107,763 Est. Cost $42.01 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 1.8%

Value ($000) $3,366 Shares 51,789 Est. Cost $65.00 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $551 Shares 1,096 Est. Cost $484.36 Unrealized +2.7%

WMT WALMART INC 0.3%

Value ($000) $548 Shares 5,322 Est. Cost $99.23 Unrealized +8.0%

CRWV COREWEAVE INC 0.3%

Value ($000) $523 Shares 3,821 Est. Cost $118.31 Unrealized -14.3%

LIT GLOBAL X FDS 0.2%

Value ($000) $451 Shares 7,930 Est. Cost $40.78 Unrealized —

GOOGL ALPHABET INC 0.2%

Value ($000) $446 Shares 1,833 Est. Cost $163.29 Unrealized +74.9%

BMNR BITMINE IMMERSION TECNOLOGIE 0.2%

Value ($000) $373 Shares 7,180 Est. Cost $50.65 Unrealized -20.0%

ASML ASML HOLDING N V 0.2%

Value ($000) $322 Shares 333 Est. Cost $968.09 Unrealized —

HIMS HIMS & HERS HEALTH INC 0.2%

Value ($000) $319 Shares 5,623 Est. Cost $45.28 Unrealized -5.4%

DELL DELL TECHNOLOGIES INC 0.2%

Value ($000) $304 Shares 2,145 Est. Cost $129.18 Unrealized +9.0%

NEM NEWMONT CORP 0.2%

Value ($000) $298 Shares 3,536 Est. Cost $52.90 Unrealized +70.5%

COIN COINBASE GLOBAL INC 0.1%

Value ($000) $285 Shares 844 Est. Cost $339.07 Unrealized -12.1%

AMD ADVANCED MICRO DEVICES INC 0.1%

Value ($000) $246 Shares 1,517 Est. Cost $111.19 Unrealized +102.0%

NFLX NETFLIX INC 0.1%

Value ($000) $239 Shares 199 Est. Cost $113.07 Unrealized -4.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPLV	INVESCO EXCH TRADED FD TR II	144,824	$10,642	5.6%	$73.07	—	—	46138E354
SMH	VANECK ETF TRUST	20,252	$6,609	3.4%	$326.36	—	—	92189F676
KWEB	KRANESHARES TRUST	107,763	$4,527	2.4%	$42.01	—	—	500767306
IBIT	ISHARES BITCOIN TRUST ETF	51,789	$3,366	1.8%	$65.00	—	—	46438F101
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,096	$551	0.3%	$484.36	+2.7%	—	084670702
WMT	WALMART INC	5,322	$548	0.3%	$99.23	+8.0%	—	931142103
CRWV	COREWEAVE INC	3,821	$523	0.3%	$118.31	-14.3%	—	21873S108
LIT	GLOBAL X FDS	7,930	$451	0.2%	$40.78	—	—	37954Y855
GOOGL	ALPHABET INC	1,833	$446	0.2%	$163.29	+74.9%	—	02079K305
BMNR	BITMINE IMMERSION TECNOLOGIE	7,180	$373	0.2%	$50.65	-20.0%	—	09175A206
ASML	ASML HOLDING N V	333	$322	0.2%	$968.09	—	—	N07059210
HIMS	HIMS & HERS HEALTH INC	5,623	$319	0.2%	$45.28	-5.4%	—	433000106
DELL	DELL TECHNOLOGIES INC	2,145	$304	0.2%	$129.18	+9.0%	—	24703L202
NEM	NEWMONT CORP	3,536	$298	0.2%	$52.90	+70.5%	—	651639106
COIN	COINBASE GLOBAL INC	844	$285	0.1%	$339.07	-12.1%	—	19260Q107
AMD	ADVANCED MICRO DEVICES INC	1,517	$246	0.1%	$111.19	+102.0%	—	007903107
NFLX	NETFLIX INC	199	$239	0.1%	$113.07	-4.6%	—	64110L106

Decreased Positions (18)

SHY ISHARES TR 9.9%

Value ($000) $18,975 (-55.8%) Shares 229,112 (-55.7%) Est. Cost $82.61 Unrealized —

QQQ INVESCO QQQ TR 0.8%

Value ($000) $1,533 (-90.1%) Shares 2,496 (-90.3%) Est. Cost $456.30 Unrealized —

VOO VANGUARD INDEX FDS 17.3%

Value ($000) $33,195 (-4.6%) Shares 52,931 (-6.8%) Est. Cost $564.62 Unrealized —

ETHA ISHARES ETHEREUM TR 0.5%

Value ($000) $879 (-63.4%) Shares 39,187 (-48.6%) Est. Cost $31.51 Unrealized —

SLV ISHARES SILVER TR 3.1%

Value ($000) $5,924 (+24.9%) Shares 91,964 (-17.9%) Est. Cost $32.81 Unrealized —

GLD SPDR GOLD TR 7.8%

Value ($000) $15,008 (-7.2%) Shares 37,869 (-16.8%) Est. Cost $290.23 Unrealized —

META META PLATFORMS INC 0.1%

Value ($000) $279 (-70.0%) Shares 423 (-66.6%) Est. Cost $551.82 Unrealized +20.9%

NVDA NVIDIA CORPORATION 0.6%

Value ($000) $1,213 (-30.2%) Shares 6,503 (-30.2%) Est. Cost $146.54 Unrealized +27.0%

PCT PURECYCLE TECHNOLOGIES INC 0.3%

Value ($000) $505 (-42.8%) Shares 58,831 (-12.4%) Est. Cost $7.52 Unrealized +41.2%

NTRA NATERA INC 0.1%

Value ($000) $265 (-55.6%) Shares 1,155 (-68.8%) Est. Cost $160.20 Unrealized +30.2%

BABA ALIBABA GROUP HLDG LTD 0.1%

Value ($000) $281 (-53.8%) Shares 1,914 (-43.6%) Est. Cost $90.82 Unrealized —

AMZN AMAZON COM INC 0.8%

Value ($000) $1,474 (-13.6%) Shares 6,386 (-17.8%) Est. Cost $142.02 Unrealized +61.1%

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value ($000) $233 (-39.9%) Shares 497 (-37.1%) Est. Cost $438.24 Unrealized +16.2%

SHV ISHARES TR 0.2%

Value ($000) $447 (-16.1%) Shares 4,060 (-15.8%) Est. Cost $110.38 Unrealized —

SNOW SNOWFLAKE INC 0.2%

Value ($000) $350 (-14.7%) Shares 1,595 (-12.3%) Est. Cost $180.80 Unrealized +35.0%

CEG CONSTELLATION ENERGY CORP 0.1%

Value ($000) $228 (-15.1%) Shares 644 (-20.9%) Est. Cost $264.56 Unrealized +37.3%

VIG VANGUARD SPECIALIZED FUNDS 0.2%

Value ($000) $325 (-7.2%) Shares 1,478 (-8.9%) Est. Cost $151.85 Unrealized —

REKR REKOR SYSTEMS INC 0.0%

Value ($000) $21 (-45.2%) Shares 15,000 (-37.7%) Est. Cost $1.73 Unrealized +18.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SHY	ISHARES TR	229,112 (-55.7%)	$18,975 (-55.8%)	9.9%	$82.61	—	1 3 YR TREAS BD	464287457
QQQ	INVESCO QQQ TR	2,496 (-90.3%)	$1,533 (-90.1%)	0.8%	$456.30	—	UNIT SER 1	46090E103
VOO	VANGUARD INDEX FDS	52,931 (-6.8%)	$33,195 (-4.6%)	17.3%	$564.62	—	S&P 500 ETF SHS	922908363
ETHA	ISHARES ETHEREUM TR	39,187 (-48.6%)	$879 (-63.4%)	0.5%	$31.51	—	SHS	46438R105
SLV	ISHARES SILVER TR	91,964 (-17.9%)	$5,924 (+24.9%)	3.1%	$32.81	—	ISHARES	46428Q109
GLD	SPDR GOLD TR	37,869 (-16.8%)	$15,008 (-7.2%)	7.8%	$290.23	—	GOLD SHS	78463V107
META	META PLATFORMS INC	423 (-66.6%)	$279 (-70.0%)	0.1%	$551.82	+20.9%	CL A	30303M102
NVDA	NVIDIA CORPORATION	6,503 (-30.2%)	$1,213 (-30.2%)	0.6%	$146.54	+27.0%	COM	67066G104
PCT	PURECYCLE TECHNOLOGIES INC	58,831 (-12.4%)	$505 (-42.8%)	0.3%	$7.52	+41.2%	COM	74623V103
NTRA	NATERA INC	1,155 (-68.8%)	$265 (-55.6%)	0.1%	$160.20	+30.2%	COM	632307104
BABA	ALIBABA GROUP HLDG LTD	1,914 (-43.6%)	$281 (-53.8%)	0.1%	$90.82	—	SPONSORED ADS	01609W102
AMZN	AMAZON COM INC	6,386 (-17.8%)	$1,474 (-13.6%)	0.8%	$142.02	+61.1%	COM	023135106
CRWD	CROWDSTRIKE HLDGS INC	497 (-37.1%)	$233 (-39.9%)	0.1%	$438.24	+16.2%	CL A	22788C105
SHV	ISHARES TR	4,060 (-15.8%)	$447 (-16.1%)	0.2%	$110.38	—	TRUST ISHARE 0-1	464288679
SNOW	SNOWFLAKE INC	1,595 (-12.3%)	$350 (-14.7%)	0.2%	$180.80	+35.0%	COM SHS	833445109
CEG	CONSTELLATION ENERGY CORP	644 (-20.9%)	$228 (-15.1%)	0.1%	$264.56	+37.3%	COM	21037T109
VIG	VANGUARD SPECIALIZED FUNDS	1,478 (-8.9%)	$325 (-7.2%)	0.2%	$151.85	—	DIV APP ETF	921908844
REKR	REKOR SYSTEMS INC	15,000 (-37.7%)	$21 (-45.2%)	0.0%	$1.73	+18.3%	COM	759419104

Unchanged Positions (4)

AAPL APPLE INC 1.4%

Value ($000) $2,746 Shares 10,100 Est. Cost $141.47 Unrealized +89.7%

CTAS CINTAS CORP 0.4%

Value ($000) $783 Shares 4,164 Est. Cost $173.58 Unrealized +8.4%

IVV ISHARES TR 0.5%

Value ($000) $1,041 Shares 1,520 Est. Cost $384.21 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $348 Shares 1,815 Est. Cost $171.96 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	10,100	$2,746	1.4%	$141.47	+89.7%	COM	037833100
CTAS	CINTAS CORP	4,164	$783	0.4%	$173.58	+8.4%	COM	172908105
IVV	ISHARES TR	1,520	$1,041	0.5%	$384.21	—	CORE S&P500 ETF	464287200
RSP	INVESCO EXCHANGE TRADED FD T	1,815	$348	0.2%	$171.96	—	S&P500 EQL WGT	46137V357