Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPHQ	Invesco S&P 500 Quality ETF	106,321	$8.939M	3.2%	$84.08	$85.57	-1.7%	ETF	46137V241
MTUM	ISHARES MSCI USA MOMENTUM FACTOR ETF	20,142	$6.392M	2.3%	$317.33	$308.79	+2.8%	Common Stock	46432F396
XLB	MATERIALS SELECT SECTOR SPDR FUND	45,607	$2.221M	0.8%	$48.70	$51.45	-5.3%	Common Stock	81369Y100
EMXC	iShares MSCI Emerging Markets Ex China ETF	17,833	$1.767M	0.6%	$99.08	$96.78	+2.4%	ETF	46434G764
ACWI	iShares MSCI ACWI ETF	8,704	$1.382M	0.5%	$158.77	$158.86	-0.1%	ETF	464288257
EMB	iShares JPMorgan Usd MTS Bond ETF	7,551	$686K	0.2%	$90.84	$94.54	-3.9%	ETF	464288281
BBJP	JPMorgan Betabuilders Japan ETF	3,428	$269K	0.1%	$78.50	$76.77	+2.3%	Mutual Fund	46641Q217
IBIT	iShares Bitcoin ETF	5,668	$268K	0.1%	$47.34	$40.33	+17.4%	ETF	46438F101
TLT	ISHARES 20 PLS YEAR TREASURY BND ETF	13,000	$1,011	0.0%	$0.08 *	$82.47	-5.7%	Bonds	464287432

Increased Positions (21)

URTH iShares MSCI World ETF 12.0%

Value $33.49M (+134.5%) Shares 162,406 (+130.4%) Share Price $206.23 Est. Cost/Share $197.53 Unrealized @ Report Date +4.4%

XLE Energy Select Sector SPDR ETF 2.5%

Value $7.064M (+91.0%) Shares 114,867 (+64.9%) Share Price $61.50 Est. Cost/Share $51.97 Unrealized @ Report Date +18.3%

SCHG Schwab US Large Cap Growth ETF 8.0%

Value $22.17M (+16.9%) Shares 616,945 (+10.1%) Share Price $35.93 Est. Cost/Share $29.47 Unrealized @ Report Date +21.9%

IVV iShares Core S&P 500 ETF 4.3%

Value $11.84M (+31.9%) Shares 15,463 (+29.0%) Share Price $765.85 Est. Cost/Share $629.31 Unrealized @ Report Date +21.7%

SCHO SCHWAB SHORT-TERM US TREASURY ETF 1.0%

Value $2.9M (+574.5%) Shares 121,561,318 (+682330.3%) Share Price $0.02 * Est. Cost/Share $24.03 Unrealized @ Report Date -0.7%

QQQ Invsc QQQ Trust SRS 1 ETF 1.3%

Value $3.685M (+65.3%) Shares 4,981 (+64.6%) Share Price $739.77 Est. Cost/Share $589.07 Unrealized @ Report Date +25.6%

VOO Vanguard S&P 500 ETF 1.8%

Value $4.933M (+34.8%) Shares 7,038 (+32.1%) Share Price $700.91 Est. Cost/Share $578.94 Unrealized @ Report Date +21.1%

IGM iShares Expanded Tech Sector ETF 1.9%

Value $5.303M (+15.8%) Shares 31,373 (+12.0%) Share Price $169.04 Est. Cost/Share $107.37 Unrealized @ Report Date +57.4%

EWJ iShares Inc MSCI Japan ETF 2.8%

Value $7.716M (+8.1%) Shares 79,168 (+3.4%) Share Price $97.46 Est. Cost/Share $85.73 Unrealized @ Report Date +13.7%

XAR SPDR S&P Aerospace & Defense ETF 1.0%

Value $2.815M (-12.5%) Shares 12,173 (+7.4%) Share Price $231.25 Est. Cost/Share $193.82 Unrealized @ Report Date +19.3%

HIMU iShares High Yield Muni Active ETF 0.5%

Value $1.344M (+27.7%) Shares 29,428 (+39.2%) Share Price $45.68 Est. Cost/Share $48.59 Unrealized @ Report Date -6.0%

IEMG iShares Core MSCI Emerging ETF 0.9%

Value $2.423M (+12.3%) Shares 29,850 (+14.7%) Share Price $81.16 Est. Cost/Share $74.58 Unrealized @ Report Date +8.8%

VTEB Vanguard Muni BND Tax Exempt ETF 1.6%

Value $4.471M (-3.3%) Shares 94,396 (+3.3%) Share Price $47.36 Est. Cost/Share $49.95 Unrealized @ Report Date -5.2%

VLUE iShares MSCI USA Value Factor ETF 1.7%

Value $4.826M (+3.1%) Shares 24,373 (+4.1%) Share Price $198.00 Est. Cost/Share $154.33 Unrealized @ Report Date +28.3%

CMF iShares California Muni Bond ETF 0.5%

Value $1.372M (+5.7%) Shares 25,355 (+12.5%) Share Price $54.12 Est. Cost/Share $57.17 Unrealized @ Report Date -5.3%

VTWG Vanguard Russell 2000 Growth ETF 0.7%

Value $1.929M (+2.5%) Shares 7,402 (+13.1%) Share Price $260.58 Est. Cost/Share $214.12 Unrealized @ Report Date +21.7%

AMZN Amazon.Com Inc 0.1%

Value $380K (+11.9%) Shares 1,524 (+7.0%) Share Price $249.15 Est. Cost/Share $219.44 Unrealized @ Report Date +13.5%

VYM Vanguard High Dividend Yield ETF 0.2%

Value $634K (+5.2%) Shares 4,086 (+7.2%) Share Price $155.20 Est. Cost/Share $133.00 Unrealized @ Report Date +16.7%

LEMB ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF 0.3%

Value $842K (+2.9%) Shares 19,936,815 (+103269.2%) Share Price $0.04 * Est. Cost/Share $42.74 Unrealized @ Report Date -1.2%

LQD iShares iBoxx Invt Grade Bond ETF 2.0%

Value $5.627M (+0.4%) Shares 55,072 (+7.2%) Share Price $102.18 Est. Cost/Share $107.59 Unrealized @ Report Date -5.0%

IEF ISHARES 7-10 YEAR TREASURY BOND ETF 0.1%

Value $246K (-5.6%) Shares 2,752,000 (+99900.0%) Share Price $0.09 * Est. Cost/Share $92.52 Unrealized @ Report Date -3.5%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
URTH	iShares MSCI World ETF	162,406 (+130.4%)	$33.49M (+134.5%)	12.0%	$206.23	$197.53	+4.4%	ETF	464286392
XLE	Energy Select Sector SPDR ETF	114,867 (+64.9%)	$7.064M (+91.0%)	2.5%	$61.50	$51.97	+18.3%	ETF	81369Y506
SCHG	Schwab US Large Cap Growth ETF	616,945 (+10.1%)	$22.17M (+16.9%)	8.0%	$35.93	$29.47	+21.9%	ETF	808524300
IVV	iShares Core S&P 500 ETF	15,463 (+29.0%)	$11.84M (+31.9%)	4.3%	$765.85	$629.31	+21.7%	ETF	464287200
SCHO	SCHWAB SHORT-TERM US TREASURY ETF	121,561,318 (+682330.3%)	$2.9M (+574.5%)	1.0%	$0.02 *	$24.03	-0.7%	Bonds	808524862
QQQ	Invsc QQQ Trust SRS 1 ETF	4,981 (+64.6%)	$3.685M (+65.3%)	1.3%	$739.77	$589.07	+25.6%	ETF	46090E103
VOO	Vanguard S&P 500 ETF	7,038 (+32.1%)	$4.933M (+34.8%)	1.8%	$700.91	$578.94	+21.1%	ETF	922908363
IGM	iShares Expanded Tech Sector ETF	31,373 (+12.0%)	$5.303M (+15.8%)	1.9%	$169.04	$107.37	+57.4%	ETF	464287549
EWJ	iShares Inc MSCI Japan ETF	79,168 (+3.4%)	$7.716M (+8.1%)	2.8%	$97.46	$85.73	+13.7%	ETF	46434G822
XAR	SPDR S&P Aerospace & Defense ETF	12,173 (+7.4%)	$2.815M (-12.5%)	1.0%	$231.25	$193.82	+19.3%	ETF	78464A631
HIMU	iShares High Yield Muni Active ETF	29,428 (+39.2%)	$1.344M (+27.7%)	0.5%	$45.68	$48.59	-6.0%	ETF	092528843
IEMG	iShares Core MSCI Emerging ETF	29,850 (+14.7%)	$2.423M (+12.3%)	0.9%	$81.16	$74.58	+8.8%	ETF	46434G103
VTEB	Vanguard Muni BND Tax Exempt ETF	94,396 (+3.3%)	$4.471M (-3.3%)	1.6%	$47.36	$49.95	-5.2%	ETF	922907746
VLUE	iShares MSCI USA Value Factor ETF	24,373 (+4.1%)	$4.826M (+3.1%)	1.7%	$198.00	$154.33	+28.3%	ETF	46432F388
CMF	iShares California Muni Bond ETF	25,355 (+12.5%)	$1.372M (+5.7%)	0.5%	$54.12	$57.17	-5.3%	ETF	464288356
VTWG	Vanguard Russell 2000 Growth ETF	7,402 (+13.1%)	$1.929M (+2.5%)	0.7%	$260.58	$214.12	+21.7%	ETF	92206C623
AMZN	Amazon.Com Inc	1,524 (+7.0%)	$380K (+11.9%)	0.1%	$249.15	$219.44	+13.5%	Common Stock	023135106
VYM	Vanguard High Dividend Yield ETF	4,086 (+7.2%)	$634K (+5.2%)	0.2%	$155.20	$133.00	+16.7%	ETF	921946406
LEMB	ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF	19,936,815 (+103269.2%)	$842K (+2.9%)	0.3%	$0.04 *	$42.74	-1.2%	Bonds	464286517
LQD	iShares iBoxx Invt Grade Bond ETF	55,072 (+7.2%)	$5.627M (+0.4%)	2.0%	$102.18	$107.59	-5.0%	ETF	464287242
IEF	ISHARES 7-10 YEAR TREASURY BOND ETF	2,752,000 (+99900.0%)	$246K (-5.6%)	0.1%	$0.09 *	$92.52	-3.5%	Bonds	464287440

Exited Positions (6)

GOOG Alphabet Inc Class C 0.5%

Value $1.286M Shares 3,640 Share Price $353.33 * Est. Cost/Share $182.46 Unrealized @ Report Date +86.7%

TSLA Tesla Inc 0.3%

Value $964K Shares 2,292 Share Price $420.60 * Est. Cost/Share $333.26 Unrealized @ Report Date +6.5%

SCHQ Schwab Long Term US Treasury ETF 0.3%

Value $814K Shares 26,006 Share Price $31.30 * Est. Cost/Share $31.46 Unrealized @ Report Date -9.5%

GLD SPDR Gold Shares ETF 0.1%

Value $368K Shares 998 Share Price $368.38 * Est. Cost/Share $264.45 Unrealized @ Report Date +44.0%

SPCX Space Ex Tech Spacex Class A 0.1%

Value $309K Shares 1,809 Share Price $170.86 * Est. Cost/Share $170.68 Unrealized @ Report Date -11.6%

META Meta Platforms Inc 0.1%

Value $222K Shares 394 Share Price $563.29 * Est. Cost/Share $623.91 Unrealized @ Report Date +16.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOG	Alphabet Inc Class C	3,640	$1.286M	0.5%	$353.33 *	$182.46	+86.7%	—	02079K107
TSLA	Tesla Inc	2,292	$964K	0.3%	$420.60 *	$333.26	+6.5%	—	88160R101
SCHQ	Schwab Long Term US Treasury ETF	26,006	$814K	0.3%	$31.30 *	$31.46	-9.5%	—	808524680
GLD	SPDR Gold Shares ETF	998	$368K	0.1%	$368.38 *	$264.45	+44.0%	—	78463V107
SPCX	Space Ex Tech Spacex Class A	1,809	$309K	0.1%	$170.86 *	$170.68	-11.6%	—	84615Q103
META	Meta Platforms Inc	394	$222K	0.1%	$563.29 *	$623.91	+16.2%	—	30303M102

Decreased Positions (20)

XLC Communicat SVS SLCT Sec SPDR ETF IV 0.8%

Value $2.146M (-72.3%) Shares 19,337 (-73.2%) Share Price $110.97 Est. Cost/Share $104.64 Unrealized @ Report Date +6.0%

VGK Vanguard FTSE Europe ETF 2.5%

Value $6.823M (-44.5%) Shares 78,604 (-43.4%) Share Price $86.80 Est. Cost/Share $73.64 Unrealized @ Report Date +17.9%

XLV Health Care Select SPDR 2.5%

Value $6.9M (-42.4%) Shares 40,970 (-45.8%) Share Price $168.42 Est. Cost/Share $146.94 Unrealized @ Report Date +14.6%

XLK Technology Select Sector SPDR ETF 8.8%

Value $24.37M (-12.4%) Shares 124,514 (-14.8%) Share Price $195.75 Est. Cost/Share $139.80 Unrealized @ Report Date +40.0%

BDYN BlackRock iShares Dynamic Equity Active 5.7%

Value $15.93M (-16.4%) Shares 572,234 (-16.7%) Share Price $27.84 Est. Cost/Share $25.24 Unrealized @ Report Date +10.3%

FDIS Fidelity MSCI Cons Discr Indx ETF 1.6%

Value $4.349M (-36.5%) Shares 45,917 (-31.0%) Share Price $94.71 Est. Cost/Share $96.21 Unrealized @ Report Date -1.6%

RING iShares MSCI Glo Gold Miners ETF 0.3%

Value $929K (-71.9%) Shares 12,121 (-76.3%) Share Price $76.61 Est. Cost/Share $49.68 Unrealized @ Report Date +54.2%

XLF Select STR Financial Select SPDR ETF 6.6%

Value $18.41M (-11.1%) Shares 344,726 (-10.8%) Share Price $53.40 Est. Cost/Share $50.99 Unrealized @ Report Date +4.7%

SCHR Schwab Intermediate Term US TRS ETF 1.4%

Value $3.809M (-34.7%) Shares 160,723 (-32.0%) Share Price $23.70 Est. Cost/Share $24.99 Unrealized @ Report Date -5.2%

NVDA Nvidia Corp 0.2%

Value $657K (-74.3%) Shares 2,876 (-77.5%) Share Price $228.40 Est. Cost/Share $126.71 Unrealized @ Report Date +80.2%

VMBS Vanguard Mortgage Backed Sec ETF 0.4%

Value $991K (-59.7%) Shares 22,322 (-57.5%) Share Price $44.41 Est. Cost/Share $45.73 Unrealized @ Report Date -2.9%

SMH Vaneck Semiconductor ETF 1.6%

Value $4.357M (-23.3%) Shares 7,155 (-17.4%) Share Price $609.01 Est. Cost/Share $445.49 Unrealized @ Report Date +36.7%

XLI INDUSTRIAL SELECT SECTOR SPDR FUND 3.5%

Value $9.873M (-11.2%) Shares 59,125 (-1.5%) Share Price $166.98 Est. Cost/Share $150.36 Unrealized @ Report Date +11.1%

VEA Vanguard FTSE Developed Markets ETF 6.3%

Value $17.68M (-5.3%) Shares 250,410 (-4.4%) Share Price $70.61 Est. Cost/Share $52.27 Unrealized @ Report Date +35.1%

MSFT Microsoft Corp 0.1%

Value $223K (-70.0%) Shares 435 (-78.2%) Share Price $513.04 Est. Cost/Share $405.08 Unrealized @ Report Date +26.6%

AAPL Apple Inc 0.4%

Value $996K (-25.2%) Shares 2,990 (-35.0%) Share Price $332.98 Est. Cost/Share $230.77 Unrealized @ Report Date +44.3%

RSP Invesco S&P 500 Equal Weight ETF 1.2%

Value $3.394M (-4.1%) Shares 16,316 (-1.9%) Share Price $208.02 Est. Cost/Share $188.96 Unrealized @ Report Date +10.1%

VIG Vanguard Dividend Appreciation ETF 0.4%

Value $1.165M (-8.8%) Shares 4,993 (-7.5%) Share Price $233.31 Est. Cost/Share $195.86 Unrealized @ Report Date +19.1%

BND Vanguard Total Bond Market ETF 0.1%

Value $367K (-15.3%) Shares 5,238 (-11.3%) Share Price $70.15 Est. Cost/Share $72.57 Unrealized @ Report Date -3.3%

IEFA iShares Core MSCI EAFE ETF 0.9%

Value $2.606M (-2.2%) Shares 26,895 (-2.5%) Share Price $96.88 Est. Cost/Share $74.78 Unrealized @ Report Date +29.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
XLC	Communicat SVS SLCT Sec SPDR ETF IV	19,337 (-73.2%)	$2.146M (-72.3%)	0.8%	$110.97	$104.64	+6.0%	ETF	81369Y852
VGK	Vanguard FTSE Europe ETF	78,604 (-43.4%)	$6.823M (-44.5%)	2.5%	$86.80	$73.64	+17.9%	ETF	922042874
XLV	Health Care Select SPDR	40,970 (-45.8%)	$6.9M (-42.4%)	2.5%	$168.42	$146.94	+14.6%	ETF	81369Y209
XLK	Technology Select Sector SPDR ETF	124,514 (-14.8%)	$24.37M (-12.4%)	8.8%	$195.75	$139.80	+40.0%	ETF	81369Y803
BDYN	BlackRock iShares Dynamic Equity Active	572,234 (-16.7%)	$15.93M (-16.4%)	5.7%	$27.84	$25.24	+10.3%	ETF	09290C723
FDIS	Fidelity MSCI Cons Discr Indx ETF	45,917 (-31.0%)	$4.349M (-36.5%)	1.6%	$94.71	$96.21	-1.6%	ETF	316092204
RING	iShares MSCI Glo Gold Miners ETF	12,121 (-76.3%)	$929K (-71.9%)	0.3%	$76.61	$49.68	+54.2%	ETF	46434G855
XLF	Select STR Financial Select SPDR ETF	344,726 (-10.8%)	$18.41M (-11.1%)	6.6%	$53.40	$50.99	+4.7%	ETF	81369Y605
SCHR	Schwab Intermediate Term US TRS ETF	160,723 (-32.0%)	$3.809M (-34.7%)	1.4%	$23.70	$24.99	-5.2%	ETF	808524854
NVDA	Nvidia Corp	2,876 (-77.5%)	$657K (-74.3%)	0.2%	$228.40	$126.71	+80.2%	Common Stock	67066G104
VMBS	Vanguard Mortgage Backed Sec ETF	22,322 (-57.5%)	$991K (-59.7%)	0.4%	$44.41	$45.73	-2.9%	ETF	92206C771
SMH	Vaneck Semiconductor ETF	7,155 (-17.4%)	$4.357M (-23.3%)	1.6%	$609.01	$445.49	+36.7%	Mutual Fund	92189F676
XLI	INDUSTRIAL SELECT SECTOR SPDR FUND	59,125 (-1.5%)	$9.873M (-11.2%)	3.5%	$166.98	$150.36	+11.1%	ETF	81369Y704
VEA	Vanguard FTSE Developed Markets ETF	250,410 (-4.4%)	$17.68M (-5.3%)	6.3%	$70.61	$52.27	+35.1%	ETF	921943858
MSFT	Microsoft Corp	435 (-78.2%)	$223K (-70.0%)	0.1%	$513.04	$405.08	+26.6%	Common Stock	594918104
AAPL	Apple Inc	2,990 (-35.0%)	$996K (-25.2%)	0.4%	$332.98	$230.77	+44.3%	Common Stock	037833100
RSP	Invesco S&P 500 Equal Weight ETF	16,316 (-1.9%)	$3.394M (-4.1%)	1.2%	$208.02	$188.96	+10.1%	ETF	46137V357
VIG	Vanguard Dividend Appreciation ETF	4,993 (-7.5%)	$1.165M (-8.8%)	0.4%	$233.31	$195.86	+19.1%	ETF	921908844
BND	Vanguard Total Bond Market ETF	5,238 (-11.3%)	$367K (-15.3%)	0.1%	$70.15	$72.57	-3.3%	ETF	921937835
IEFA	iShares Core MSCI EAFE ETF	26,895 (-2.5%)	$2.606M (-2.2%)	0.9%	$96.88	$74.78	+29.6%	ETF	46432F842

Unchanged Positions (10)

GBTC Grayscale Bitcoin TR BTC 0.2%

Value $655K Shares 10,147 Share Price $64.59 Est. Cost/Share $73.71 Unrealized @ Report Date -12.4%

TMDX Transmedics Group Inc 0.2%

Value $601K Shares 7,200 Share Price $83.45 Est. Cost/Share $84.65 Unrealized @ Report Date -1.4%

SHOP Shopify Inc F Class A 0.2%

Value $525K Shares 3,540 Share Price $148.30 Est. Cost/Share $108.97 Unrealized @ Report Date +36.1%

ETHA iShares Ethereum Trust ETF 0.1%

Value $281K Shares 13,950 Share Price $20.12 * Est. Cost/Share $5.17 Unrealized @ Report Date +29.6%

SCHH Charles Schwab US REIT ETF 0.1%

Value $359K Shares 16,285 Share Price $22.04 Est. Cost/Share $21.37 Unrealized @ Report Date +3.1%

AVGO Broadcom Inc 0.1%

Value $292K Shares 831 Share Price $351.26 Est. Cost/Share $209.82 Unrealized @ Report Date +67.4%

SPY SPDR S&P 500 ETF 0.4%

Value $979K Shares 1,284 Share Price $762.50 Est. Cost/Share $587.78 Unrealized @ Report Date +29.7%

NYF iShares New York Muni Bond ETF 0.1%

Value $338K Shares 6,686 Share Price $50.52 Est. Cost/Share $52.80 Unrealized @ Report Date -4.3%

XMTR Xometry Inc Class A 0.1%

Value $233K Shares 2,269 Share Price $102.85 Est. Cost/Share $71.46 Unrealized @ Report Date +43.9%

AMD Advanced Micro Devic 0.1%

Value $278K Shares 454 Share Price $611.76 Est. Cost/Share $409.99 Unrealized @ Report Date +49.2%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GBTC	Grayscale Bitcoin TR BTC	10,147	$655K	0.2%	$64.59	$73.71	-12.4%	Fund	389637109
TMDX	Transmedics Group Inc	7,200	$601K	0.2%	$83.45	$84.65	-1.4%	Common Stock	89377M109
SHOP	Shopify Inc F Class A	3,540	$525K	0.2%	$148.30	$108.97	+36.1%	Common Stock	82509L107
ETHA	iShares Ethereum Trust ETF	13,950	$281K	0.1%	$20.12 *	$5.17	+29.6%	ETF	46438R105
SCHH	Charles Schwab US REIT ETF	16,285	$359K	0.1%	$22.04	$21.37	+3.1%	ETF	808524847
AVGO	Broadcom Inc	831	$292K	0.1%	$351.26	$209.82	+67.4%	Common Stock	11135F101
SPY	SPDR S&P 500 ETF	1,284	$979K	0.4%	$762.50	$587.78	+29.7%	ETF	78462F103
NYF	iShares New York Muni Bond ETF	6,686	$338K	0.1%	$50.52	$52.80	-4.3%	ETF	464288323
XMTR	Xometry Inc Class A	2,269	$233K	0.1%	$102.85	$71.46	+43.9%	Common Stock	98423F109
AMD	Advanced Micro Devic	454	$278K	0.1%	$611.76	$409.99	+49.2%	Common Stock	007903107