Alamea Verwaltungs GmbH Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
XAR	SPDR SERIES TRUST	7,000	$1,911	1.3%	$272.96	—	STATE STREET SPD	78464A631
CSX	CSX CORP	23,986	$906	0.6%	$35.70	0.0%	COM	126408103
AME	AMETEK INC	4,004	$897	0.6%	$194.36	0.0%	COM	031100100
CP	CANADIAN PACIFIC KANSAS CITY	11,883	$883	0.6%	$73.60	0.0%	COM	13646K108
FTV	FORTIVE CORP	15,249	$805	0.5%	$51.86	0.0%	COM	34959J108
DGX	QUEST DIAGNOSTICS INC	4,069	$761	0.5%	$182.07	0.0%	COM	74834L100
LH	LABCORP HOLDINGS INC	2,689	$730	0.5%	$265.14	0.0%	COM SHS	504922105
—	QIAGEN NV	13,288	$713	0.5%	$53.67	—	COM SHS	N72482206
AIT	APPLIED INDL TECHNOLOGIES IN	2,710	$706	0.5%	$255.14	0.0%	COM	03820C105
XHS	SPDR SERIES TRUST	6,000	$641	0.4%	$106.86	—	STATE STREET SPD	78464A573
EQT	EQT CORP	10,026	$579	0.4%	$56.13	0.0%	COM	26884L109
VIXY	PROSHARES TR II	20,000	$534	0.4%	$26.71	—	VIX SHT TERM FUT	74347Y730
ODFL	OLD DOMINION FREIGHT LINE IN	3,044	$527	0.4%	$143.18	0.0%	COM	679580100
RVTY	REVVITY INC	4,170	$454	0.3%	$95.99	0.0%	COM	714046109
BKV	BKV CORP	14,610	$435	0.3%	$25.11	0.0%	COM	05603J108
ARCB	ARCBEST CORP	4,787	$432	0.3%	$71.00	0.0%	COM	03937C105
TECH	BIO-TECHNE CORP	6,649	$426	0.3%	$60.72	0.0%	COM	09073M104
XPO	XPO INC	2,617	$388	0.3%	$136.23	0.0%	COM	983793100
SAIA	SAIA INC	1,140	$382	0.3%	$302.29	0.0%	COM	78709Y105
DXPE	DXP ENTERPRISES INC	2,487	$323	0.2%	$108.93	0.0%	COM NEW	233377407
ADPT	ADAPTIVE BIOTECHNOLOGIES COR	17,030	$315	0.2%	$16.32	0.0%	COM	00650F109
VCYT	VERACYTE INC	8,098	$308	0.2%	$40.31	0.0%	COM	92337F107
TEM	TEMPUS AI INC	3,461	$207	0.1%	$78.23	0.0%	CL A	88023B103

Increased Positions (31)

AEE AMEREN CORP 0.9%

Value ($000) $1,279 (+28.2%) Shares 12,386 (+29.5%) Est. Cost $99.35 Unrealized +2.7%

NI NISOURCE INC 0.7%

Value ($000) $1,006 (+27.8%) Shares 22,710 (+25.0%) Est. Cost $41.35 Unrealized +3.1%

VIRT VIRTU FINL INC 0.5%

Value ($000) $771 (+39.0%) Shares 18,580 (+18.9%) Est. Cost $37.67 Unrealized -9.2%

TT TRANE TECHNOLOGIES PLC 0.6%

Value ($000) $909 (+30.0%) Shares 2,161 (+30.4%) Est. Cost $379.54 Unrealized +9.0%

CNM CORE & MAIN INC 0.3%

Value ($000) $431 (+94.2%) Shares 8,083 (+96.0%) Est. Cost $51.75 Unrealized -0.9%

TFC TRUIST FINL CORP 0.6%

Value ($000) $857 (+31.1%) Shares 16,659 (+16.6%) Est. Cost $39.90 Unrealized +14.8%

STT STATE STR CORP 0.6%

Value ($000) $836 (+31.1%) Shares 6,385 (+16.3%) Est. Cost $96.42 Unrealized +23.4%

FCNCA FIRST CTZNS BANCSHARES INC D 0.5%

Value ($000) $671 (+41.4%) Shares 324 (+22.3%) Est. Cost $1846.77 Unrealized +2.0%

NTRA NATERA INC 0.3%

Value ($000) $515 (+47.7%) Shares 2,229 (+2.9%) Est. Cost $159.60 Unrealized +30.7%

ASB ASSOCIATED BANC CORP 0.5%

Value ($000) $712 (+25.6%) Shares 26,106 (+18.4%) Est. Cost $23.00 Unrealized +11.2%

ROAD CONSTRUCTION PARTNERS INC 0.3%

Value ($000) $485 (+41.5%) Shares 4,417 (+63.5%) Est. Cost $91.92 Unrealized +22.5%

— CYBERARK SOFTWARE LTD 0.4%

Value ($000) $613 (+29.4%) Shares 1,422 (+45.1%) Est. Cost $366.85 Unrealized —

OGE OGE ENERGY CORP 0.8%

Value ($000) $1,220 (+12.5%) Shares 27,931 (+19.2%) Est. Cost $44.74 Unrealized -0.3%

ETR ENTERGY CORP NEW 0.7%

Value ($000) $1,026 (+14.0%) Shares 10,699 (+10.7%) Est. Cost $87.83 Unrealized +7.6%

— PINNACLE FINL PARTNERS INC 0.4%

Value ($000) $569 (+24.3%) Shares 5,987 (+22.6%) Est. Cost $104.85 Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 0.2%

Value ($000) $348 (+37.1%) Shares 3,039 (+45.3%) Est. Cost $135.17 Unrealized -16.9%

CBOE CBOE GLOBAL MKTS INC 0.7%

Value ($000) $967 (+9.6%) Shares 3,647 (+1.4%) Est. Cost $210.83 Unrealized +18.0%

VMC VULCAN MATLS CO 0.6%

Value ($000) $817 (+11.3%) Shares 2,719 (+14.0%) Est. Cost $257.28 Unrealized +13.9%

WSO WATSCO INC 0.4%

Value ($000) $590 (+14.9%) Shares 1,527 (+20.2%) Est. Cost $465.76 Unrealized -23.3%

CLBT CELLEBRITE DI LTD 0.2%

Value ($000) $363 (-17.2%) Shares 24,648 (+4.3%) Est. Cost $19.92 Unrealized -9.9%

ZS ZSCALER INC 0.3%

Value ($000) $440 (-14.2%) Shares 2,198 (+28.5%) Est. Cost $284.48 Unrealized -0.8%

QXO QXO INC 0.2%

Value ($000) $310 (+21.6%) Shares 13,960 (+4.5%) Est. Cost $20.64 Unrealized -7.1%

CRWD CROWDSTRIKE HLDGS INC 0.3%

Value ($000) $461 (-7.0%) Shares 1,045 (+3.4%) Est. Cost $401.24 Unrealized +26.9%

COIN COINBASE GLOBAL INC 0.1%

Value ($000) $219 (-13.3%) Shares 1,124 (+50.3%) Est. Cost $263.50 Unrealized +13.1%

NET CLOUDFLARE INC 0.3%

Value ($000) $447 (+7.9%) Shares 2,519 (+30.6%) Est. Cost $151.06 Unrealized +40.0%

HOOD ROBINHOOD MKTS INC 0.2%

Value ($000) $270 (+6.6%) Shares 2,719 (+53.4%) Est. Cost $83.87 Unrealized +55.1%

RKT ROCKET COS INC 0.2%

Value ($000) $264 (-4.5%) Shares 14,700 (+3.2%) Est. Cost $17.45 Unrealized +2.4%

Z ZILLOW GROUP INC 0.3%

Value ($000) $407 (+2.7%) Shares 6,451 (+25.5%) Est. Cost $79.83 Unrealized -9.3%

XLU SELECT SECTOR SPDR TR 0.7%

Value ($000) $1,081 (-0.8%) Shares 25,000 (+100.0%) Est. Cost $61.05 Unrealized —

AXON AXON ENTERPRISE INC 0.2%

Value ($000) $290 (-2.7%) Shares 599 (+44.3%) Est. Cost $596.11 Unrealized +4.1%

MSI MOTOROLA SOLUTIONS INC 0.6%

Value ($000) $888 (-0.4%) Shares 2,207 (+13.1%) Est. Cost $435.87 Unrealized -8.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AEE	AMEREN CORP	12,386 (+29.5%)	$1,279 (+28.2%)	0.9%	$99.35	+2.7%	COM	023608102
NI	NISOURCE INC	22,710 (+25.0%)	$1,006 (+27.8%)	0.7%	$41.35	+3.1%	COM	65473P105
VIRT	VIRTU FINL INC	18,580 (+18.9%)	$771 (+39.0%)	0.5%	$37.67	-9.2%	CL A	928254101
TT	TRANE TECHNOLOGIES PLC	2,161 (+30.4%)	$909 (+30.0%)	0.6%	$379.54	+9.0%	SHS	G8994E103
CNM	CORE & MAIN INC	8,083 (+96.0%)	$431 (+94.2%)	0.3%	$51.75	-0.9%	CL A	21874C102
TFC	TRUIST FINL CORP	16,659 (+16.6%)	$857 (+31.1%)	0.6%	$39.90	+14.8%	COM	89832Q109
STT	STATE STR CORP	6,385 (+16.3%)	$836 (+31.1%)	0.6%	$96.42	+23.4%	COM	857477103
FCNCA	FIRST CTZNS BANCSHARES INC D	324 (+22.3%)	$671 (+41.4%)	0.5%	$1846.77	+2.0%	CL A	31946M103
NTRA	NATERA INC	2,229 (+2.9%)	$515 (+47.7%)	0.3%	$159.60	+30.7%	COM	632307104
ASB	ASSOCIATED BANC CORP	26,106 (+18.4%)	$712 (+25.6%)	0.5%	$23.00	+11.2%	COM	045487105
ROAD	CONSTRUCTION PARTNERS INC	4,417 (+63.5%)	$485 (+41.5%)	0.3%	$91.92	+22.5%	COM CL A	21044C107
—	CYBERARK SOFTWARE LTD	1,422 (+45.1%)	$613 (+29.4%)	0.4%	$366.85	—	SHS	M2682V108
OGE	OGE ENERGY CORP	27,931 (+19.2%)	$1,220 (+12.5%)	0.8%	$44.74	-0.3%	COM	670837103
ETR	ENTERGY CORP NEW	10,699 (+10.7%)	$1,026 (+14.0%)	0.7%	$87.83	+7.6%	COM	29364G103
—	PINNACLE FINL PARTNERS INC	5,987 (+22.6%)	$569 (+24.3%)	0.4%	$104.85	—	COM	72346Q104
BLDR	BUILDERS FIRSTSOURCE INC	3,039 (+45.3%)	$348 (+37.1%)	0.2%	$135.17	-16.9%	COM	12008R107
CBOE	CBOE GLOBAL MKTS INC	3,647 (+1.4%)	$967 (+9.6%)	0.7%	$210.83	+18.0%	COM	12503M108
VMC	VULCAN MATLS CO	2,719 (+14.0%)	$817 (+11.3%)	0.6%	$257.28	+13.9%	COM	929160109
WSO	WATSCO INC	1,527 (+20.2%)	$590 (+14.9%)	0.4%	$465.76	-23.3%	COM	942622200
CLBT	CELLEBRITE DI LTD	24,648 (+4.3%)	$363 (-17.2%)	0.2%	$19.92	-9.9%	ORDINARY SHARES	M2197Q107
ZS	ZSCALER INC	2,198 (+28.5%)	$440 (-14.2%)	0.3%	$284.48	-0.8%	COM	98980G102
QXO	QXO INC	13,960 (+4.5%)	$310 (+21.6%)	0.2%	$20.64	-7.1%	COM NEW	82846H405
CRWD	CROWDSTRIKE HLDGS INC	1,045 (+3.4%)	$461 (-7.0%)	0.3%	$401.24	+26.9%	CL A	22788C105
COIN	COINBASE GLOBAL INC	1,124 (+50.3%)	$219 (-13.3%)	0.1%	$263.50	+13.1%	COM CL A	19260Q107
NET	CLOUDFLARE INC	2,519 (+30.6%)	$447 (+7.9%)	0.3%	$151.06	+40.0%	CL A COM	18915M107
HOOD	ROBINHOOD MKTS INC	2,719 (+53.4%)	$270 (+6.6%)	0.2%	$83.87	+55.1%	COM CL A	770700102
RKT	ROCKET COS INC	14,700 (+3.2%)	$264 (-4.5%)	0.2%	$17.45	+2.4%	COM CL A	77311W101
Z	ZILLOW GROUP INC	6,451 (+25.5%)	$407 (+2.7%)	0.3%	$79.83	-9.3%	CL C CAP STK	98954M200
XLU	SELECT SECTOR SPDR TR	25,000 (+100.0%)	$1,081 (-0.8%)	0.7%	$61.05	—	STATE STREET UTI	81369Y886
AXON	AXON ENTERPRISE INC	599 (+44.3%)	$290 (-2.7%)	0.2%	$596.11	+4.1%	COM	05464C101
MSI	MOTOROLA SOLUTIONS INC	2,207 (+13.1%)	$888 (-0.4%)	0.6%	$435.87	-8.1%	COM NEW	620076307

Exited Positions (30)

WGMI VALKYRIE ETF TRUST II 0.7%

Value ($000) $1,106 Shares 25,000 Est. Cost $12.77 Unrealized —

HLI HOULIHAN LOKEY INC 0.5%

Value ($000) $738 Shares 3,593 Est. Cost $169.23 Unrealized +8.2%

TLT ISHARES TR 0.5%

Value ($000) $670 Shares 7,500 Est. Cost $91.03 Unrealized —

MKC MCCORMICK & CO INC 0.4%

Value ($000) $662 Shares 9,897 Est. Cost $75.63 Unrealized -12.8%

TRMB TRIMBLE INC 0.4%

Value ($000) $622 Shares 7,622 Est. Cost $70.29 Unrealized +13.4%

HOLX HOLOGIC INC 0.4%

Value ($000) $616 Shares 9,124 Est. Cost $66.30 Unrealized +10.2%

IFF INTERNATIONAL FLAVORS&FRAGRA 0.4%

Value ($000) $568 Shares 9,234 Est. Cost $78.53 Unrealized -18.0%

VRNS VARONIS SYS INC 0.4%

Value ($000) $547 Shares 9,522 Est. Cost $55.48 Unrealized -24.3%

PJT PJT PARTNERS INC 0.4%

Value ($000) $544 Shares 3,062 Est. Cost $153.92 Unrealized +11.0%

ISRG INTUITIVE SURGICAL INC 0.4%

Value ($000) $520 Shares 1,163 Est. Cost $539.83 Unrealized -1.4%

PRMB PRIMO BRANDS CORPORATION 0.4%

Value ($000) $519 Shares 23,482 Est. Cost $30.96 Unrealized -40.3%

SMPL SIMPLY GOOD FOODS CO 0.3%

Value ($000) $510 Shares 20,553 Est. Cost $35.86 Unrealized -42.0%

CXW CORECIVIC INC 0.3%

Value ($000) $510 Shares 25,060 Est. Cost $21.56 Unrealized -15.0%

EVR EVERCORE INC 0.3%

Value ($000) $489 Shares 1,451 Est. Cost $246.39 Unrealized +30.2%

SXT SENSIENT TECHNOLOGIES CORP 0.3%

Value ($000) $483 Shares 5,145 Est. Cost $89.43 Unrealized +5.5%

KRE SPDR SERIES TRUST 0.3%

Value ($000) $475 Shares 7,500 Est. Cost $56.85 Unrealized —

BDC BELDEN INC 0.3%

Value ($000) $468 Shares 3,894 Est. Cost $110.72 Unrealized +5.3%

GEHC GE HEALTHCARE TECHNOLOGIES I 0.3%

Value ($000) $462 Shares 6,154 Est. Cost $85.82 Unrealized -9.2%

MC MOELIS & CO 0.3%

Value ($000) $447 Shares 6,273 Est. Cost $67.32 Unrealized -2.3%

EBAY EBAY INC. 0.3%

Value ($000) $430 Shares 4,732 Est. Cost $66.88 Unrealized +29.1%

LII LENNOX INTL INC 0.3%

Value ($000) $428 Shares 809 Est. Cost $599.04 Unrealized -16.6%

EXAS EXACT SCIENCES CORP 0.3%

Value ($000) $395 Shares 7,222 Est. Cost $49.96 Unrealized +60.7%

ETSY ETSY INC 0.3%

Value ($000) $383 Shares 5,762 Est. Cost $51.18 Unrealized +19.2%

MASI MASIMO CORP 0.3%

Value ($000) $379 Shares 2,566 Est. Cost $170.27 Unrealized -15.9%

GNRC GENERAC HLDGS INC 0.2%

Value ($000) $341 Shares 2,039 Est. Cost $175.19 Unrealized -7.9%

AVAV AEROVIRONMENT INC 0.2%

Value ($000) $338 Shares 1,073 Est. Cost $258.71 Unrealized +21.5%

DUOL DUOLINGO INC 0.2%

Value ($000) $325 Shares 1,011 Est. Cost $405.03 Unrealized -41.8%

PINS PINTEREST INC 0.2%

Value ($000) $299 Shares 9,294 Est. Cost $33.88 Unrealized -15.0%

GEO GEO GROUP INC NEW 0.2%

Value ($000) $295 Shares 14,421 Est. Cost $27.97 Unrealized -40.4%

RDDT REDDIT INC 0.1%

Value ($000) $201 Shares 873 Est. Cost $204.09 Unrealized +3.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WGMI	VALKYRIE ETF TRUST II	25,000	$1,106	0.7%	$12.77	—	—	91917A207
HLI	HOULIHAN LOKEY INC	3,593	$738	0.5%	$169.23	+8.2%	—	441593100
TLT	ISHARES TR	7,500	$670	0.5%	$91.03	—	—	464287432
MKC	MCCORMICK & CO INC	9,897	$662	0.4%	$75.63	-12.8%	—	579780206
TRMB	TRIMBLE INC	7,622	$622	0.4%	$70.29	+13.4%	—	896239100
HOLX	HOLOGIC INC	9,124	$616	0.4%	$66.30	+10.2%	—	436440101
IFF	INTERNATIONAL FLAVORS&FRAGRA	9,234	$568	0.4%	$78.53	-18.0%	—	459506101
VRNS	VARONIS SYS INC	9,522	$547	0.4%	$55.48	-24.3%	—	922280102
PJT	PJT PARTNERS INC	3,062	$544	0.4%	$153.92	+11.0%	—	69343T107
ISRG	INTUITIVE SURGICAL INC	1,163	$520	0.4%	$539.83	-1.4%	—	46120E602
PRMB	PRIMO BRANDS CORPORATION	23,482	$519	0.4%	$30.96	-40.3%	—	741623102
SMPL	SIMPLY GOOD FOODS CO	20,553	$510	0.3%	$35.86	-42.0%	—	82900L102
CXW	CORECIVIC INC	25,060	$510	0.3%	$21.56	-15.0%	—	21871N101
EVR	EVERCORE INC	1,451	$489	0.3%	$246.39	+30.2%	—	29977A105
SXT	SENSIENT TECHNOLOGIES CORP	5,145	$483	0.3%	$89.43	+5.5%	—	81725T100
KRE	SPDR SERIES TRUST	7,500	$475	0.3%	$56.85	—	—	78464A698
BDC	BELDEN INC	3,894	$468	0.3%	$110.72	+5.3%	—	077454106
GEHC	GE HEALTHCARE TECHNOLOGIES I	6,154	$462	0.3%	$85.82	-9.2%	—	36266G107
MC	MOELIS & CO	6,273	$447	0.3%	$67.32	-2.3%	—	60786M105
EBAY	EBAY INC.	4,732	$430	0.3%	$66.88	+29.1%	—	278642103
LII	LENNOX INTL INC	809	$428	0.3%	$599.04	-16.6%	—	526107107
EXAS	EXACT SCIENCES CORP	7,222	$395	0.3%	$49.96	+60.7%	—	30063P105
ETSY	ETSY INC	5,762	$383	0.3%	$51.18	+19.2%	—	29786A106
MASI	MASIMO CORP	2,566	$379	0.3%	$170.27	-15.9%	—	574795100
GNRC	GENERAC HLDGS INC	2,039	$341	0.2%	$175.19	-7.9%	—	368736104
AVAV	AEROVIRONMENT INC	1,073	$338	0.2%	$258.71	+21.5%	—	008073108
DUOL	DUOLINGO INC	1,011	$325	0.2%	$405.03	-41.8%	—	26603R106
PINS	PINTEREST INC	9,294	$299	0.2%	$33.88	-15.0%	—	72352L106
GEO	GEO GROUP INC NEW	14,421	$295	0.2%	$27.97	-40.4%	—	36162J106
RDDT	REDDIT INC	873	$201	0.1%	$204.09	+3.0%	—	75734B100

Decreased Positions (20)

SPY SPDR S&P 500 ETF TR 2.5%

Value ($000) $3,647 (-14.5%) Shares 5,301 (-17.2%) Est. Cost $559.39 Unrealized —

LHX L3HARRIS TECHNOLOGIES INC 0.5%

Value ($000) $718 (-22.2%) Shares 2,094 (-30.7%) Est. Cost $271.37 Unrealized +6.3%

PFSI PENNYMAC FINL SVCS INC NEW 0.2%

Value ($000) $341 (-30.6%) Shares 3,408 (-13.9%) Est. Cost $107.45 Unrealized +18.0%

KTOS KRATOS DEFENSE & SEC SOLUTIO 0.2%

Value ($000) $223 (-36.1%) Shares 2,161 (-43.3%) Est. Cost $64.04 Unrealized +27.8%

MYRG MYR GROUP INC DEL 0.3%

Value ($000) $416 (-21.4%) Shares 1,664 (-34.6%) Est. Cost $186.60 Unrealized +16.6%

COMP COMPASS INC 0.2%

Value ($000) $336 (+31.5%) Shares 26,848 (-15.7%) Est. Cost $8.10 Unrealized +12.6%

UWMC UWM HOLDINGS CORPORATION 0.2%

Value ($000) $255 (-23.2%) Shares 51,912 (-4.7%) Est. Cost $5.24 Unrealized +2.6%

KRMN KARMAN HLDGS INC 0.2%

Value ($000) $255 (-19.3%) Shares 2,461 (-43.9%) Est. Cost $54.85 Unrealized +32.0%

CDRE CADRE HLDGS INC 0.3%

Value ($000) $389 (-11.8%) Shares 9,711 (-19.5%) Est. Cost $33.61 Unrealized +23.3%

EMR EMERSON ELEC CO 0.5%

Value ($000) $668 (+8.1%) Shares 4,543 (-3.5%) Est. Cost $118.16 Unrealized +12.0%

MTZ MASTEC INC 0.3%

Value ($000) $518 (-7.4%) Shares 2,156 (-18.1%) Est. Cost $183.12 Unrealized +14.6%

BKU BANKUNITED INC 0.4%

Value ($000) $595 (+6.6%) Shares 12,532 (-14.3%) Est. Cost $32.78 Unrealized +25.4%

GH GUARDANT HEALTH INC 0.2%

Value ($000) $343 (+10.0%) Shares 3,010 (-39.7%) Est. Cost $54.40 Unrealized +64.5%

PWR QUANTA SVCS INC 0.3%

Value ($000) $486 (-5.6%) Shares 1,024 (-17.6%) Est. Cost $288.64 Unrealized +52.2%

CNR CORE NATURAL RESOURCES INC 0.3%

Value ($000) $389 (-6.5%) Shares 4,082 (-18.2%) Est. Cost $83.93 Unrealized +1.5%

HCC WARRIOR MET COAL INC 0.2%

Value ($000) $327 (+4.8%) Shares 3,661 (-25.3%) Est. Cost $57.14 Unrealized +31.6%

AMR ALPHA METALLURGICAL RESOUR I 0.2%

Value ($000) $317 (-4.1%) Shares 1,512 (-25.0%) Est. Cost $138.64 Unrealized +24.7%

MRCY MERCURY SYS INC 0.2%

Value ($000) $302 (+0.0%) Shares 3,214 (-17.5%) Est. Cost $62.18 Unrealized +19.6%

WGS GENEDX HOLDINGS CORP 14.2%

Value ($000) $21,116 (0.0%) Shares 185,989 (-5.1%) Est. Cost $86.28 Unrealized +59.1%

— MERSANA THERAPEUTICS INC 2.3%

Value ($000) $3,337 (0.0%) Shares 24,165 (-94.4%) Est. Cost $7.76 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	5,301 (-17.2%)	$3,647 (-14.5%)	2.5%	$559.39	—	TR UNIT	78462F103
LHX	L3HARRIS TECHNOLOGIES INC	2,094 (-30.7%)	$718 (-22.2%)	0.5%	$271.37	+6.3%	COM	502431109
PFSI	PENNYMAC FINL SVCS INC NEW	3,408 (-13.9%)	$341 (-30.6%)	0.2%	$107.45	+18.0%	COM	70932M107
KTOS	KRATOS DEFENSE & SEC SOLUTIO	2,161 (-43.3%)	$223 (-36.1%)	0.2%	$64.04	+27.8%	COM NEW	50077B207
MYRG	MYR GROUP INC DEL	1,664 (-34.6%)	$416 (-21.4%)	0.3%	$186.60	+16.6%	COM	55405W104
COMP	COMPASS INC	26,848 (-15.7%)	$336 (+31.5%)	0.2%	$8.10	+12.6%	CL A	20464U100
UWMC	UWM HOLDINGS CORPORATION	51,912 (-4.7%)	$255 (-23.2%)	0.2%	$5.24	+2.6%	COM CL A	91823B109
KRMN	KARMAN HLDGS INC	2,461 (-43.9%)	$255 (-19.3%)	0.2%	$54.85	+32.0%	COMMON STOCK	485924104
CDRE	CADRE HLDGS INC	9,711 (-19.5%)	$389 (-11.8%)	0.3%	$33.61	+23.3%	COM	12763L105
EMR	EMERSON ELEC CO	4,543 (-3.5%)	$668 (+8.1%)	0.5%	$118.16	+12.0%	COM	291011104
MTZ	MASTEC INC	2,156 (-18.1%)	$518 (-7.4%)	0.3%	$183.12	+14.6%	COM	576323109
BKU	BANKUNITED INC	12,532 (-14.3%)	$595 (+6.6%)	0.4%	$32.78	+25.4%	COM	06652K103
GH	GUARDANT HEALTH INC	3,010 (-39.7%)	$343 (+10.0%)	0.2%	$54.40	+64.5%	COM	40131M109
PWR	QUANTA SVCS INC	1,024 (-17.6%)	$486 (-5.6%)	0.3%	$288.64	+52.2%	COM	74762E102
CNR	CORE NATURAL RESOURCES INC	4,082 (-18.2%)	$389 (-6.5%)	0.3%	$83.93	+1.5%	COM SHS	218937100
HCC	WARRIOR MET COAL INC	3,661 (-25.3%)	$327 (+4.8%)	0.2%	$57.14	+31.6%	COM	93627C101
AMR	ALPHA METALLURGICAL RESOUR I	1,512 (-25.0%)	$317 (-4.1%)	0.2%	$138.64	+24.7%	COM	020764106
MRCY	MERCURY SYS INC	3,214 (-17.5%)	$302 (+0.0%)	0.2%	$62.18	+19.6%	COM	589378108
WGS	GENEDX HOLDINGS CORP	185,989 (-5.1%)	$21,116 (0.0%)	14.2%	$86.28	+59.1%	COM CL A	81663L200
—	MERSANA THERAPEUTICS INC	24,165 (-94.4%)	$3,337 (0.0%)	2.3%	$7.76	—	COM	59045L205

Unchanged Positions (18)

SLV ISHARES SILVER TR 1.5%

Value ($000) $2,270 Shares 33,460 Est. Cost $30.99 Unrealized —

GBTC GRAYSCALE BITCOIN TRUST ETF 1.0%

Value ($000) $1,502 Shares 22,446 Est. Cost $65.17 Unrealized —

GLD SPDR GOLD TR 31.6%

Value ($000) $46,766 Shares 131,069 Est. Cost $288.14 Unrealized —

ETHE GRAYSCALE ETHEREUM TRUST ETF 0.2%

Value ($000) $365 Shares 14,992 Est. Cost $15.22 Unrealized —

NEO NEOGENOMICS INC 0.2%

Value ($000) $284 Shares 23,510 Est. Cost $7.00 Unrealized +54.0%

BLD TOPBUILD CORP 0.3%

Value ($000) $474 Shares 1,012 Est. Cost $319.67 Unrealized +34.1%

AEP AMERICAN ELEC PWR CO INC 0.7%

Value ($000) $1,030 Shares 8,599 Est. Cost $108.19 Unrealized +8.8%

CME CME GROUP INC 0.7%

Value ($000) $1,029 Shares 3,559 Est. Cost $247.94 Unrealized +9.2%

IEV ISHARES TR 0.5%

Value ($000) $717 Shares 10,000 Est. Cost $58.20 Unrealized —

FERG FERGUSON ENTERPRISES INC 0.3%

Value ($000) $512 Shares 2,030 Est. Cost $171.23 Unrealized +39.0%

HACK AMPLIFY ETF TR 0.3%

Value ($000) $424 Shares 5,491 Est. Cost $71.80 Unrealized —

BTC GRAYSCALE BITCOIN MINI TR ET 0.1%

Value ($000) $90 Shares 2,325 Est. Cost $36.49 Unrealized —

IWM ISHARES TR 0.8%

Value ($000) $1,237 Shares 5,025 Est. Cost $199.49 Unrealized —

ETH GRAYSCALE ETHEREUM MINI TR E 0.0%

Value ($000) $42 Shares 1,498 Est. Cost $17.22 Unrealized —

FXL FIRST TR EXCHANGE TRADED FD 0.4%

Value ($000) $574 Shares 3,410 Est. Cost $132.25 Unrealized —

CHPT CHARGEPOINT HOLDINGS INC 0.3%

Value ($000) $394 Shares 36,116 Est. Cost $11.45 Unrealized -17.4%

FBTC FIDELITY WISE ORIGIN BITCOIN 7.9%

Value ($000) $11,755 Shares 117,771 Est. Cost $76.35 Unrealized —

IBIT ISHARES BITCOIN TRUST ETF 6.4%

Value ($000) $9,418 Shares 144,892 Est. Cost $46.81 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLV	ISHARES SILVER TR	33,460	$2,270	1.5%	$30.99	—	ISHARES	46428Q109
GBTC	GRAYSCALE BITCOIN TRUST ETF	22,446	$1,502	1.0%	$65.17	—	SHS REP COM UT	389637109
GLD	SPDR GOLD TR	131,069	$46,766	31.6%	$288.14	—	GOLD SHS	78463V107
ETHE	GRAYSCALE ETHEREUM TRUST ETF	14,992	$365	0.2%	$15.22	—	SHS	389638107
NEO	NEOGENOMICS INC	23,510	$284	0.2%	$7.00	+54.0%	COM NEW	64049M209
BLD	TOPBUILD CORP	1,012	$474	0.3%	$319.67	+34.1%	COM	89055F103
AEP	AMERICAN ELEC PWR CO INC	8,599	$1,030	0.7%	$108.19	+8.8%	COM	025537101
CME	CME GROUP INC	3,559	$1,029	0.7%	$247.94	+9.2%	COM	12572Q105
IEV	ISHARES TR	10,000	$717	0.5%	$58.20	—	EUROPE ETF	464287861
FERG	FERGUSON ENTERPRISES INC	2,030	$512	0.3%	$171.23	+39.0%	COMMON STOCK NEW	31488V107
HACK	AMPLIFY ETF TR	5,491	$424	0.3%	$71.80	—	AMPLIFY CYBERSEC	032108664
BTC	GRAYSCALE BITCOIN MINI TR ET	2,325	$90	0.1%	$36.49	—	SHS NEW	389930207
IWM	ISHARES TR	5,025	$1,237	0.8%	$199.49	—	RUSSELL 2000 ETF	464287655
ETH	GRAYSCALE ETHEREUM MINI TR E	1,498	$42	0.0%	$17.22	—	SHS NEW	38964R203
FXL	FIRST TR EXCHANGE TRADED FD	3,410	$574	0.4%	$132.25	—	TECH ALPHADEX	33734X176
CHPT	CHARGEPOINT HOLDINGS INC	36,116	$394	0.3%	$11.45	-17.4%	COM SHS	15961R303
FBTC	FIDELITY WISE ORIGIN BITCOIN	117,771	$11,755	7.9%	$76.35	—	SHS	315948109
IBIT	ISHARES BITCOIN TRUST ETF	144,892	$9,418	6.4%	$46.81	—	SHS BEN INT	46438F101