HOWARD FINANCIAL SERVICES, LTD. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GPIX	GOLDMAN SACHS ETF TR	18,550	$979	0.1%	$52.80	—	S&P 500 PREMIUM	38149W622
—	NUVEEN MUN VALUE FD INC	90,060	$816	0.1%	$9.06	—	COM	670928100
AGG	ISHARES TR	4,418	$441	0.1%	$99.87	—	CORE US AGGBD ET	464287226
AMD	ADVANCED MICRO DEVICES INC	1,454	$311	0.0%	$224.60	0.0%	COM	007903107
PRU	PRUDENTIAL FINL INC	2,648	$299	0.0%	$106.51	0.0%	COM	744320102
EOG	EOG RES INC	2,787	$293	0.0%	$107.22	0.0%	COM	26875P101
COF	CAPITAL ONE FINL CORP	1,173	$284	0.0%	$222.19	0.0%	COM	14040H105
GIL	GILDAN ACTIVEWEAR INC	4,310	$269	0.0%	$59.45	0.0%	COM	375916103
PFE	PFIZER INC	10,788	$269	0.0%	$25.03	0.0%	COM	717081103
MCD	MCDONALDS CORP	758	$232	0.0%	$305.09	0.0%	COM	580135101
CRCL	CIRCLE INTERNET GROUP INC	2,883	$229	0.0%	$103.35	0.0%	COM CL A	172573107
DIS	DISNEY WALT CO	1,980	$225	0.0%	$109.53	0.0%	COM	254687106
CME	CME GROUP INC	821	$224	0.0%	$270.74	0.0%	COM	12572Q105
GRAL	GRAIL INC	2,570	$220	0.0%	$86.40	0.0%	COM	384747101
TRV	TRAVELERS COMPANIES INC	748	$217	0.0%	$280.61	0.0%	COM	89417E109
ELV	ELEVANCE HEALTH INC FORMERLY	617	$216	0.0%	$336.70	0.0%	COM	036752103
ADBE	ADOBE INC	611	$214	0.0%	$340.09	0.0%	COM	00724F101
PHYS	SPROTT ASSET MANAGEMENT LP	6,369	$210	0.0%	$33.02	—	PHYSICAL GOLD TR	85207H104
KMB	KIMBERLY-CLARK CORP	2,056	$207	0.0%	$108.41	0.0%	COM	494368103
D	DOMINION ENERGY INC	3,532	$207	0.0%	$59.76	0.0%	COM	25746U109
MSOX	ADVISORSHARES TR	30,000	$134	0.0%	$4.48	—	MSOS DAILY LVRGD	00768Y289

Increased Positions (96)

JPST J P MORGAN EXCHANGE TRADED F 1.0%

Value ($000) $8,836 (+177.0%) Shares 174,653 (+177.8%) Est. Cost $50.48 Unrealized —

SCHG SCHWAB STRATEGIC TR 2.5%

Value ($000) $21,156 (+26.3%) Shares 648,561 (+23.6%) Est. Cost $30.84 Unrealized —

VPLS VANGUARD MALVERN FDS 0.3%

Value ($000) $2,907 (+449.5%) Shares 37,210 (+453.1%) Est. Cost $78.21 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 5.0%

Value ($000) $43,037 (+5.7%) Shares 195,818 (+3.8%) Est. Cost $143.10 Unrealized —

PTRB PGIM ETF TR 3.6%

Value ($000) $30,815 (+7.8%) Shares 732,998 (+8.2%) Est. Cost $41.31 Unrealized —

BIL SPDR SERIES TRUST 0.4%

Value ($000) $3,846 (+129.3%) Shares 42,092 (+130.2%) Est. Cost $91.47 Unrealized —

RDVY FIRST TR EXCHANGE TRADED FD 2.0%

Value ($000) $16,910 (+9.8%) Shares 243,410 (+6.3%) Est. Cost $48.61 Unrealized —

FNDF SCHWAB STRATEGIC TR 2.1%

Value ($000) $17,698 (+8.8%) Shares 391,467 (+3.4%) Est. Cost $29.84 Unrealized —

GOOGL ALPHABET INC 0.4%

Value ($000) $3,394 (+56.4%) Shares 10,843 (+21.5%) Est. Cost $172.74 Unrealized +65.3%

IGSB ISHARES TR 0.2%

Value ($000) $1,931 (+157.0%) Shares 36,524 (+157.7%) Est. Cost $52.82 Unrealized —

GE GE AEROSPACE 0.2%

Value ($000) $1,332 (+214.7%) Shares 4,323 (+207.2%) Est. Cost $262.34 Unrealized +14.7%

IQLT ISHARES TR 2.4%

Value ($000) $20,342 (+4.6%) Shares 447,563 (+1.7%) Est. Cost $34.62 Unrealized —

SPY SPDR S&P 500 ETF TR 2.0%

Value ($000) $16,739 (+5.2%) Shares 24,546 (+2.8%) Est. Cost $349.63 Unrealized —

HTRB HARTFORD FDS EXCHANGE TRADED 3.7%

Value ($000) $31,648 (+2.7%) Shares 926,744 (+3.1%) Est. Cost $33.98 Unrealized —

DGRW WISDOMTREE TR 3.7%

Value ($000) $31,227 (+2.7%) Shares 349,177 (+2.1%) Est. Cost $73.90 Unrealized —

VIGI VANGUARD WHITEHALL FDS 1.9%

Value ($000) $15,957 (+5.2%) Shares 174,488 (+3.1%) Est. Cost $79.30 Unrealized —

AMZN AMAZON COM INC 0.8%

Value ($000) $6,800 (+12.8%) Shares 29,460 (+7.3%) Est. Cost $144.93 Unrealized +57.9%

GTO INVESCO ACTIVELY MANAGED EXC 4.1%

Value ($000) $35,145 (+2.0%) Shares 741,142 (+2.2%) Est. Cost $46.70 Unrealized —

MPLX MPLX LP 0.3%

Value ($000) $2,387 (+41.2%) Shares 44,734 (+32.2%) Est. Cost $46.40 Unrealized —

ANGL VANECK ETF TRUST 2.1%

Value ($000) $18,075 (+3.5%) Shares 615,543 (+4.8%) Est. Cost $28.52 Unrealized —

GOOG ALPHABET INC 0.2%

Value ($000) $1,674 (+54.7%) Shares 5,334 (+20.1%) Est. Cost $149.33 Unrealized +91.7%

GEV GE VERNOVA INC 0.1%

Value ($000) $1,026 (+108.0%) Shares 1,570 (+95.8%) Est. Cost $466.60 Unrealized +30.5%

XSOE WISDOMTREE TR 1.4%

Value ($000) $11,962 (+4.5%) Shares 306,566 (+1.6%) Est. Cost $32.22 Unrealized —

LLY ELI LILLY & CO 0.1%

Value ($000) $983 (+96.9%) Shares 915 (+39.7%) Est. Cost $763.78 Unrealized +25.1%

VTI VANGUARD INDEX FDS 0.5%

Value ($000) $4,006 (+11.9%) Shares 11,949 (+9.5%) Est. Cost $232.84 Unrealized —

KRP KIMBELL RTY PARTNERS LP 0.1%

Value ($000) $515 (+199.3%) Shares 43,815 (+243.4%) Est. Cost $13.02 Unrealized —

VNOM VIPER ENERGY INC 0.1%

Value ($000) $1,223 (+31.3%) Shares 31,666 (+29.9%) Est. Cost $38.05 Unrealized -0.5%

MU MICRON TECHNOLOGY INC 0.1%

Value ($000) $605 (+92.2%) Shares 2,119 (+12.7%) Est. Cost $108.51 Unrealized +111.4%

NFLX NETFLIX INC 0.1%

Value ($000) $992 (-19.6%) Shares 10,580 (+928.2%) Est. Cost $101.20 Unrealized +6.5%

TSLA TESLA INC 0.3%

Value ($000) $2,789 (+9.4%) Shares 6,202 (+8.2%) Est. Cost $246.78 Unrealized +79.6%

XOM EXXON MOBIL CORP 0.3%

Value ($000) $2,443 (+10.6%) Shares 20,303 (+3.6%) Est. Cost $91.71 Unrealized +25.9%

MRK MERCK & CO INC 0.1%

Value ($000) $822 (+37.8%) Shares 7,807 (+9.8%) Est. Cost $73.79 Unrealized +26.4%

SCHW SCHWAB CHARLES CORP 0.2%

Value ($000) $1,742 (+13.7%) Shares 17,434 (+8.7%) Est. Cost $68.28 Unrealized +38.7%

WMT WALMART INC 0.1%

Value ($000) $1,239 (+19.7%) Shares 11,125 (+10.8%) Est. Cost $66.29 Unrealized +61.7%

CSCO CISCO SYS INC 0.1%

Value ($000) $821 (+32.7%) Shares 10,661 (+17.9%) Est. Cost $47.67 Unrealized +54.8%

ISRG INTUITIVE SURGICAL INC 0.1%

Value ($000) $551 (+50.6%) Shares 973 (+18.9%) Est. Cost $363.63 Unrealized +46.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $7,377 (+2.6%) Shares 14,677 (+2.6%) Est. Cost $355.01 Unrealized +40.1%

SPSM SPDR SERIES TRUST 0.0%

Value ($000) $389 (+86.9%) Shares 8,306 (+84.8%) Est. Cost $46.57 Unrealized —

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $934 (+23.8%) Shares 4,515 (+10.9%) Est. Cost $143.33 Unrealized +37.5%

TSM TAIWAN SEMICONDUCTOR MFG LTD 0.2%

Value ($000) $1,578 (+11.1%) Shares 5,193 (+2.1%) Est. Cost $188.77 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 0.4%

Value ($000) $3,827 (+4.2%) Shares 119,376 (+1.6%) Est. Cost $27.54 Unrealized —

DMLP DORCHESTER MINERALS LP 0.1%

Value ($000) $1,139 (+15.2%) Shares 50,961 (+33.4%) Est. Cost $18.59 Unrealized —

V VISA INC 0.1%

Value ($000) $649 (+25.5%) Shares 1,851 (+22.2%) Est. Cost $272.84 Unrealized +24.8%

CRWV COREWEAVE INC 0.1%

Value ($000) $538 (+31.1%) Shares 7,517 (+150.6%) Est. Cost $97.72 Unrealized +3.8%

AMGN AMGEN INC 0.1%

Value ($000) $634 (+23.1%) Shares 1,936 (+6.1%) Est. Cost $220.02 Unrealized +43.6%

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $1,359 (+9.1%) Shares 4,590 (+3.9%) Est. Cost $167.02 Unrealized +78.9%

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $505 (+27.0%) Shares 3,507 (+148.5%) Est. Cost $156.64 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.1%

Value ($000) $938 (+12.5%) Shares 41,957 (+1.7%) Est. Cost $18.59 Unrealized —

TOTL SSGA ACTIVE ETF TR 2.5%

Value ($000) $21,176 (+0.5%) Shares 526,120 (+1.3%) Est. Cost $40.32 Unrealized —

VZ VERIZON COMMUNICATIONS INC 0.0%

Value ($000) $331 (+42.0%) Shares 8,131 (+53.2%) Est. Cost $41.36 Unrealized -2.1%

TPL TEXAS PACIFIC LAND CORPORATI 0.1%

Value ($000) $1,164 (-7.6%) Shares 4,053 (+200.2%) Est. Cost $294.14 Unrealized +3.7%

MSFT MICROSOFT CORP 1.3%

Value ($000) $11,077 (-0.8%) Shares 22,905 (+6.2%) Est. Cost $289.60 Unrealized +72.9%

HD HOME DEPOT INC 0.1%

Value ($000) $630 (-12.3%) Shares 1,831 (+3.3%) Est. Cost $317.55 Unrealized +14.8%

WFC WELLS FARGO CO NEW 0.0%

Value ($000) $325 (+36.4%) Shares 3,488 (+22.7%) Est. Cost $76.44 Unrealized +13.3%

UPS UNITED PARCEL SERVICE INC 0.0%

Value ($000) $383 (+29.1%) Shares 3,859 (+8.7%) Est. Cost $105.77 Unrealized -12.3%

AGNC AGNC INVT CORP 0.1%

Value ($000) $780 (+12.3%) Shares 72,721 (+2.6%) Est. Cost $10.05 Unrealized —

AXP AMERICAN EXPRESS CO 0.1%

Value ($000) $539 (+18.7%) Shares 1,456 (+6.7%) Est. Cost $239.66 Unrealized +48.9%

META META PLATFORMS INC 0.1%

Value ($000) $1,153 (+7.9%) Shares 1,747 (+20.1%) Est. Cost $439.02 Unrealized +52.0%

KO COCA COLA CO 0.1%

Value ($000) $582 (+16.7%) Shares 8,329 (+10.7%) Est. Cost $58.61 Unrealized +18.4%

CAT CATERPILLAR INC 0.0%

Value ($000) $320 (+34.5%) Shares 558 (+12.0%) Est. Cost $439.38 Unrealized +26.4%

BAC BANK AMERICA CORP 0.1%

Value ($000) $516 (+17.6%) Shares 9,385 (+10.3%) Est. Cost $32.78 Unrealized +60.7%

TMO THERMO FISHER SCIENTIFIC INC 0.0%

Value ($000) $319 (+32.0%) Shares 550 (+10.4%) Est. Cost $474.27 Unrealized +19.2%

MS MORGAN STANLEY 0.1%

Value ($000) $635 (+13.5%) Shares 3,579 (+1.6%) Est. Cost $96.74 Unrealized +72.1%

UBER UBER TECHNOLOGIES INC 0.1%

Value ($000) $520 (-12.6%) Shares 6,363 (+4.8%) Est. Cost $58.12 Unrealized +54.9%

JPM JPMORGAN CHASE & CO. 0.2%

Value ($000) $2,011 (+3.9%) Shares 6,241 (+1.7%) Est. Cost $159.28 Unrealized +94.3%

NEE NEXTERA ENERGY INC 0.0%

Value ($000) $368 (+25.4%) Shares 4,579 (+17.9%) Est. Cost $75.40 Unrealized +9.4%

CRM SALESFORCE INC 0.1%

Value ($000) $429 (+18.7%) Shares 1,621 (+6.2%) Est. Cost $267.72 Unrealized -7.3%

MA MASTERCARD INCORPORATED 0.2%

Value ($000) $1,507 (+4.4%) Shares 2,639 (+4.0%) Est. Cost $376.64 Unrealized +48.4%

RTX RTX CORPORATION 0.0%

Value ($000) $264 (+24.6%) Shares 1,438 (+13.7%) Est. Cost $156.57 Unrealized +10.7%

TXN TEXAS INSTRS INC 0.0%

Value ($000) $423 (+14.0%) Shares 2,439 (+20.7%) Est. Cost $159.60 Unrealized +7.0%

NEM NEWMONT CORP 0.0%

Value ($000) $252 (+25.1%) Shares 2,528 (+5.6%) Est. Cost $70.50 Unrealized +27.9%

T AT&T INC 0.0%

Value ($000) $398 (+14.5%) Shares 16,003 (+30.1%) Est. Cost $27.42 Unrealized -7.8%

UNH UNITEDHEALTH GROUP INC 0.0%

Value ($000) $255 (+20.0%) Shares 772 (+25.5%) Est. Cost $306.72 Unrealized +9.9%

VGT VANGUARD WORLD FD 0.0%

Value ($000) $353 (+13.7%) Shares 469 (+12.7%) Est. Cost $550.60 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $256 (+19.5%) Shares 1,106 (+22.1%) Est. Cost $233.82 Unrealized -2.8%

DELL DELL TECHNOLOGIES INC 0.0%

Value ($000) $307 (+15.6%) Shares 2,443 (+30.2%) Est. Cost $131.86 Unrealized +6.7%

ABBV ABBVIE INC 0.1%

Value ($000) $742 (+5.4%) Shares 3,245 (+6.8%) Est. Cost $134.14 Unrealized +69.6%

BA BOEING CO 0.0%

Value ($000) $256 (+17.0%) Shares 1,179 (+16.3%) Est. Cost $191.23 Unrealized +7.5%

NOC NORTHROP GRUMMAN CORP 0.1%

Value ($000) $651 (-5.1%) Shares 1,143 (+1.4%) Est. Cost $269.97 Unrealized +114.4%

QQQM INVESCO EXCH TRADED FD TR II 0.1%

Value ($000) $537 (+5.4%) Shares 2,122 (+3.0%) Est. Cost $190.99 Unrealized —

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $802 (+3.4%) Shares 4,998 (+4.5%) Est. Cost $81.93 Unrealized +87.5%

PLTR PALANTIR TECHNOLOGIES INC 0.3%

Value ($000) $2,429 (-1.0%) Shares 13,665 (+1.6%) Est. Cost $27.54 Unrealized +557.3%

CRWD CROWDSTRIKE HLDGS INC 0.1%

Value ($000) $883 (-2.4%) Shares 1,884 (+2.1%) Est. Cost $308.39 Unrealized +65.1%

EMXC ISHARES INC 0.0%

Value ($000) $253 (+9.3%) Shares 3,481 (+1.5%) Est. Cost $63.29 Unrealized —

TQQQ PROSHARES TR 0.1%

Value ($000) $1,068 (+2.0%) Shares 20,250 (+100.0%) Est. Cost $57.45 Unrealized —

SCHE SCHWAB STRATEGIC TR 0.3%

Value ($000) $2,682 (-0.7%) Shares 81,886 (+1.2%) Est. Cost $24.30 Unrealized —

MO ALTRIA GROUP INC 0.1%

Value ($000) $502 (-3.0%) Shares 8,700 (+11.1%) Est. Cost $39.67 Unrealized +49.6%

NSC NORFOLK SOUTHN CORP 0.1%

Value ($000) $527 (-2.5%) Shares 1,825 (+1.4%) Est. Cost $235.97 Unrealized +22.3%

WES WESTERN MIDSTREAM PARTNERS L 0.1%

Value ($000) $432 (+2.9%) Shares 10,947 (+2.3%) Est. Cost $38.52 Unrealized —

COP CONOCOPHILLIPS 0.0%

Value ($000) $310 (+3.0%) Shares 3,317 (+4.0%) Est. Cost $74.50 Unrealized +20.8%

LMT LOCKHEED MARTIN CORP 0.0%

Value ($000) $222 (+2.9%) Shares 459 (+6.3%) Est. Cost $449.80 Unrealized +5.9%

NXPI NXP SEMICONDUCTORS N V 0.0%

Value ($000) $398 (-1.2%) Shares 1,833 (+3.7%) Est. Cost $198.37 Unrealized +7.7%

BKNG BOOKING HOLDINGS INC 0.1%

Value ($000) $750 (+0.6%) Shares 140 (+1.4%) Est. Cost $3124.61 Unrealized +64.4%

ADP AUTOMATIC DATA PROCESSING IN 0.0%

Value ($000) $236 (-1.1%) Shares 916 (+12.8%) Est. Cost $285.56 Unrealized -7.3%

XLE SELECT SECTOR SPDR TR 0.0%

Value ($000) $304 (+0.7%) Shares 6,803 (+101.2%) Est. Cost $65.32 Unrealized —

EQT EQT CORP 0.0%

Value ($000) $268 (+0.3%) Shares 5,000 (+1.8%) Est. Cost $41.26 Unrealized +36.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JPST	J P MORGAN EXCHANGE TRADED F	174,653 (+177.8%)	$8,836 (+177.0%)	1.0%	$50.48	—	ULTRA SHRT ETF	46641Q837
SCHG	SCHWAB STRATEGIC TR	648,561 (+23.6%)	$21,156 (+26.3%)	2.5%	$30.84	—	US LCAP GR ETF	808524300
VPLS	VANGUARD MALVERN FDS	37,210 (+453.1%)	$2,907 (+449.5%)	0.3%	$78.21	—	CORE-PLUS BD ETF	922020755
VIG	VANGUARD SPECIALIZED FUNDS	195,818 (+3.8%)	$43,037 (+5.7%)	5.0%	$143.10	—	DIV APP ETF	921908844
PTRB	PGIM ETF TR	732,998 (+8.2%)	$30,815 (+7.8%)	3.6%	$41.31	—	TOTAL RETURN BON	69344A800
BIL	SPDR SERIES TRUST	42,092 (+130.2%)	$3,846 (+129.3%)	0.4%	$91.47	—	STATE STREET SPD	78468R663
RDVY	FIRST TR EXCHANGE TRADED FD	243,410 (+6.3%)	$16,910 (+9.8%)	2.0%	$48.61	—	RISNG DIVD ACHIV	33738R506
FNDF	SCHWAB STRATEGIC TR	391,467 (+3.4%)	$17,698 (+8.8%)	2.1%	$29.84	—	FUNDAMENTAL INTL	808524755
GOOGL	ALPHABET INC	10,843 (+21.5%)	$3,394 (+56.4%)	0.4%	$172.74	+65.3%	CAP STK CL A	02079K305
IGSB	ISHARES TR	36,524 (+157.7%)	$1,931 (+157.0%)	0.2%	$52.82	—	ISHS 1-5YR INVS	464288646
GE	GE AEROSPACE	4,323 (+207.2%)	$1,332 (+214.7%)	0.2%	$262.34	+14.7%	COM NEW	369604301
IQLT	ISHARES TR	447,563 (+1.7%)	$20,342 (+4.6%)	2.4%	$34.62	—	MSCI INTL QUALTY	46434V456
SPY	SPDR S&P 500 ETF TR	24,546 (+2.8%)	$16,739 (+5.2%)	2.0%	$349.63	—	TR UNIT	78462F103
HTRB	HARTFORD FDS EXCHANGE TRADED	926,744 (+3.1%)	$31,648 (+2.7%)	3.7%	$33.98	—	TOTAL RTRN ETF	41653L305
DGRW	WISDOMTREE TR	349,177 (+2.1%)	$31,227 (+2.7%)	3.7%	$73.90	—	US QTLY DIV GRT	97717X669
VIGI	VANGUARD WHITEHALL FDS	174,488 (+3.1%)	$15,957 (+5.2%)	1.9%	$79.30	—	INTL DVD ETF	921946810
AMZN	AMAZON COM INC	29,460 (+7.3%)	$6,800 (+12.8%)	0.8%	$144.93	+57.9%	COM	023135106
GTO	INVESCO ACTIVELY MANAGED EXC	741,142 (+2.2%)	$35,145 (+2.0%)	4.1%	$46.70	—	TOTAL RETURN	46090A804
MPLX	MPLX LP	44,734 (+32.2%)	$2,387 (+41.2%)	0.3%	$46.40	—	COM UNIT REP LTD	55336V100
ANGL	VANECK ETF TRUST	615,543 (+4.8%)	$18,075 (+3.5%)	2.1%	$28.52	—	FALLEN ANGEL HG	92189F437
GOOG	ALPHABET INC	5,334 (+20.1%)	$1,674 (+54.7%)	0.2%	$149.33	+91.7%	CAP STK CL C	02079K107
GEV	GE VERNOVA INC	1,570 (+95.8%)	$1,026 (+108.0%)	0.1%	$466.60	+30.5%	COM	36828A101
XSOE	WISDOMTREE TR	306,566 (+1.6%)	$11,962 (+4.5%)	1.4%	$32.22	—	EM EX ST-OWNED	97717X578
LLY	ELI LILLY & CO	915 (+39.7%)	$983 (+96.9%)	0.1%	$763.78	+25.1%	COM	532457108
VTI	VANGUARD INDEX FDS	11,949 (+9.5%)	$4,006 (+11.9%)	0.5%	$232.84	—	TOTAL STK MKT	922908769
KRP	KIMBELL RTY PARTNERS LP	43,815 (+243.4%)	$515 (+199.3%)	0.1%	$13.02	—	UNIT	49435R102
VNOM	VIPER ENERGY INC	31,666 (+29.9%)	$1,223 (+31.3%)	0.1%	$38.05	-0.5%	CL A	64361Q101
MU	MICRON TECHNOLOGY INC	2,119 (+12.7%)	$605 (+92.2%)	0.1%	$108.51	+111.4%	COM	595112103
NFLX	NETFLIX INC	10,580 (+928.2%)	$992 (-19.6%)	0.1%	$101.20	+6.5%	COM	64110L106
TSLA	TESLA INC	6,202 (+8.2%)	$2,789 (+9.4%)	0.3%	$246.78	+79.6%	COM	88160R101
XOM	EXXON MOBIL CORP	20,303 (+3.6%)	$2,443 (+10.6%)	0.3%	$91.71	+25.9%	COM	30231G102
MRK	MERCK & CO INC	7,807 (+9.8%)	$822 (+37.8%)	0.1%	$73.79	+26.4%	COM	58933Y105
SCHW	SCHWAB CHARLES CORP	17,434 (+8.7%)	$1,742 (+13.7%)	0.2%	$68.28	+38.7%	COM	808513105
WMT	WALMART INC	11,125 (+10.8%)	$1,239 (+19.7%)	0.1%	$66.29	+61.7%	COM	931142103
CSCO	CISCO SYS INC	10,661 (+17.9%)	$821 (+32.7%)	0.1%	$47.67	+54.8%	COM	17275R102
ISRG	INTUITIVE SURGICAL INC	973 (+18.9%)	$551 (+50.6%)	0.1%	$363.63	+46.4%	COM NEW	46120E602
BRK/B	BERKSHIRE HATHAWAY INC DEL	14,677 (+2.6%)	$7,377 (+2.6%)	0.9%	$355.01	+40.1%	CL B NEW	084670702
SPSM	SPDR SERIES TRUST	8,306 (+84.8%)	$389 (+86.9%)	0.0%	$46.57	—	STATE STREET SPD	78468R853
JNJ	JOHNSON & JOHNSON	4,515 (+10.9%)	$934 (+23.8%)	0.1%	$143.33	+37.5%	COM	478160104
TSM	TAIWAN SEMICONDUCTOR MFG LTD	5,193 (+2.1%)	$1,578 (+11.1%)	0.2%	$188.77	—	SPONSORED ADS	874039100
EPD	ENTERPRISE PRODS PARTNERS L	119,376 (+1.6%)	$3,827 (+4.2%)	0.4%	$27.54	—	COM	293792107
DMLP	DORCHESTER MINERALS LP	50,961 (+33.4%)	$1,139 (+15.2%)	0.1%	$18.59	—	COM UNIT	25820R105
V	VISA INC	1,851 (+22.2%)	$649 (+25.5%)	0.1%	$272.84	+24.8%	COM CL A	92826C839
CRWV	COREWEAVE INC	7,517 (+150.6%)	$538 (+31.1%)	0.1%	$97.72	+3.8%	COM CL A	21873S108
AMGN	AMGEN INC	1,936 (+6.1%)	$634 (+23.1%)	0.1%	$220.02	+43.6%	COM	031162100
IBM	INTERNATIONAL BUSINESS MACHS	4,590 (+3.9%)	$1,359 (+9.1%)	0.2%	$167.02	+78.9%	COM	459200101
XLK	SELECT SECTOR SPDR TR	3,507 (+148.5%)	$505 (+27.0%)	0.1%	$156.64	—	STATE STREET TEC	81369Y803
NLY	ANNALY CAPITAL MANAGEMENT IN	41,957 (+1.7%)	$938 (+12.5%)	0.1%	$18.59	—	COM NEW	035710839
TOTL	SSGA ACTIVE ETF TR	526,120 (+1.3%)	$21,176 (+0.5%)	2.5%	$40.32	—	STATE STREET DOU	78467V848
VZ	VERIZON COMMUNICATIONS INC	8,131 (+53.2%)	$331 (+42.0%)	0.0%	$41.36	-2.1%	COM	92343V104
TPL	TEXAS PACIFIC LAND CORPORATI	4,053 (+200.2%)	$1,164 (-7.6%)	0.1%	$294.14	+3.7%	COM	88262P102
MSFT	MICROSOFT CORP	22,905 (+6.2%)	$11,077 (-0.8%)	1.3%	$289.60	+72.9%	COM	594918104
HD	HOME DEPOT INC	1,831 (+3.3%)	$630 (-12.3%)	0.1%	$317.55	+14.8%	COM	437076102
WFC	WELLS FARGO CO NEW	3,488 (+22.7%)	$325 (+36.4%)	0.0%	$76.44	+13.3%	COM	949746101
UPS	UNITED PARCEL SERVICE INC	3,859 (+8.7%)	$383 (+29.1%)	0.0%	$105.77	-12.3%	CL B	911312106
AGNC	AGNC INVT CORP	72,721 (+2.6%)	$780 (+12.3%)	0.1%	$10.05	—	COM	00123Q104
AXP	AMERICAN EXPRESS CO	1,456 (+6.7%)	$539 (+18.7%)	0.1%	$239.66	+48.9%	COM	025816109
META	META PLATFORMS INC	1,747 (+20.1%)	$1,153 (+7.9%)	0.1%	$439.02	+52.0%	CL A	30303M102
KO	COCA COLA CO	8,329 (+10.7%)	$582 (+16.7%)	0.1%	$58.61	+18.4%	COM	191216100
CAT	CATERPILLAR INC	558 (+12.0%)	$320 (+34.5%)	0.0%	$439.38	+26.4%	COM	149123101
BAC	BANK AMERICA CORP	9,385 (+10.3%)	$516 (+17.6%)	0.1%	$32.78	+60.7%	COM	060505104
TMO	THERMO FISHER SCIENTIFIC INC	550 (+10.4%)	$319 (+32.0%)	0.0%	$474.27	+19.2%	COM	883556102
MS	MORGAN STANLEY	3,579 (+1.6%)	$635 (+13.5%)	0.1%	$96.74	+72.1%	COM NEW	617446448
UBER	UBER TECHNOLOGIES INC	6,363 (+4.8%)	$520 (-12.6%)	0.1%	$58.12	+54.9%	COM	90353T100
JPM	JPMORGAN CHASE & CO.	6,241 (+1.7%)	$2,011 (+3.9%)	0.2%	$159.28	+94.3%	COM	46625H100
NEE	NEXTERA ENERGY INC	4,579 (+17.9%)	$368 (+25.4%)	0.0%	$75.40	+9.4%	COM	65339F101
CRM	SALESFORCE INC	1,621 (+6.2%)	$429 (+18.7%)	0.1%	$267.72	-7.3%	COM	79466L302
MA	MASTERCARD INCORPORATED	2,639 (+4.0%)	$1,507 (+4.4%)	0.2%	$376.64	+48.4%	CL A	57636Q104
RTX	RTX CORPORATION	1,438 (+13.7%)	$264 (+24.6%)	0.0%	$156.57	+10.7%	COM	75513E101
TXN	TEXAS INSTRS INC	2,439 (+20.7%)	$423 (+14.0%)	0.0%	$159.60	+7.0%	COM	882508104
NEM	NEWMONT CORP	2,528 (+5.6%)	$252 (+25.1%)	0.0%	$70.50	+27.9%	COM	651639106
T	AT&T INC	16,003 (+30.1%)	$398 (+14.5%)	0.0%	$27.42	-7.8%	COM	00206R102
UNH	UNITEDHEALTH GROUP INC	772 (+25.5%)	$255 (+20.0%)	0.0%	$306.72	+9.9%	COM	91324P102
VGT	VANGUARD WORLD FD	469 (+12.7%)	$353 (+13.7%)	0.0%	$550.60	—	INF TECH ETF	92204A702
UNP	UNION PAC CORP	1,106 (+22.1%)	$256 (+19.5%)	0.0%	$233.82	-2.8%	COM	907818108
DELL	DELL TECHNOLOGIES INC	2,443 (+30.2%)	$307 (+15.6%)	0.0%	$131.86	+6.7%	CL C	24703L202
ABBV	ABBVIE INC	3,245 (+6.8%)	$742 (+5.4%)	0.1%	$134.14	+69.6%	COM	00287Y109
BA	BOEING CO	1,179 (+16.3%)	$256 (+17.0%)	0.0%	$191.23	+7.5%	COM	097023105
NOC	NORTHROP GRUMMAN CORP	1,143 (+1.4%)	$651 (-5.1%)	0.1%	$269.97	+114.4%	COM	666807102
QQQM	INVESCO EXCH TRADED FD TR II	2,122 (+3.0%)	$537 (+5.4%)	0.1%	$190.99	—	NASDAQ 100 ETF	46138G649
PM	PHILIP MORRIS INTL INC	4,998 (+4.5%)	$802 (+3.4%)	0.1%	$81.93	+87.5%	COM	718172109
PLTR	PALANTIR TECHNOLOGIES INC	13,665 (+1.6%)	$2,429 (-1.0%)	0.3%	$27.54	+557.3%	CL A	69608A108
CRWD	CROWDSTRIKE HLDGS INC	1,884 (+2.1%)	$883 (-2.4%)	0.1%	$308.39	+65.1%	CL A	22788C105
EMXC	ISHARES INC	3,481 (+1.5%)	$253 (+9.3%)	0.0%	$63.29	—	MSCI EMRG CHN	46434G764
TQQQ	PROSHARES TR	20,250 (+100.0%)	$1,068 (+2.0%)	0.1%	$57.45	—	ULTRAPRO QQQ	74347X831
SCHE	SCHWAB STRATEGIC TR	81,886 (+1.2%)	$2,682 (-0.7%)	0.3%	$24.30	—	EMRG MKTEQ ETF	808524706
MO	ALTRIA GROUP INC	8,700 (+11.1%)	$502 (-3.0%)	0.1%	$39.67	+49.6%	COM	02209S103
NSC	NORFOLK SOUTHN CORP	1,825 (+1.4%)	$527 (-2.5%)	0.1%	$235.97	+22.3%	COM	655844108
WES	WESTERN MIDSTREAM PARTNERS L	10,947 (+2.3%)	$432 (+2.9%)	0.1%	$38.52	—	COM UNIT LP INT	958669103
COP	CONOCOPHILLIPS	3,317 (+4.0%)	$310 (+3.0%)	0.0%	$74.50	+20.8%	COM	20825C104
LMT	LOCKHEED MARTIN CORP	459 (+6.3%)	$222 (+2.9%)	0.0%	$449.80	+5.9%	COM	539830109
NXPI	NXP SEMICONDUCTORS N V	1,833 (+3.7%)	$398 (-1.2%)	0.0%	$198.37	+7.7%	COM	N6596X109
BKNG	BOOKING HOLDINGS INC	140 (+1.4%)	$750 (+0.6%)	0.1%	$3124.61	+64.4%	COM	09857L108
ADP	AUTOMATIC DATA PROCESSING IN	916 (+12.8%)	$236 (-1.1%)	0.0%	$285.56	-7.3%	COM	053015103
XLE	SELECT SECTOR SPDR TR	6,803 (+101.2%)	$304 (+0.7%)	0.0%	$65.32	—	STATE STREET ENE	81369Y506
EQT	EQT CORP	5,000 (+1.8%)	$268 (+0.3%)	0.0%	$41.26	+36.0%	COM	26884L109

Exited Positions (15)

— SOUTHSTATE CORPORATION 0.2%

Value ($000) $1,597 Shares 16,149 Est. Cost $92.82 Unrealized —

JEPI J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $1,185 Shares 20,757 Est. Cost $54.59 Unrealized —

— VIPER ENERGY INC 0.1%

Value ($000) $932 Shares 24,380 Est. Cost $32.53 Unrealized —

— HANESBRANDS INC 0.0%

Value ($000) $279 Shares 42,268 Est. Cost $6.08 Unrealized —

TWO TWO HBRS INVT CORP 0.0%

Value ($000) $255 Shares 25,871 Est. Cost $13.06 Unrealized —

ETN EATON CORP PLC 0.0%

Value ($000) $246 Shares 656 Est. Cost $363.27 Unrealized -2.4%

VST VISTRA CORP 0.0%

Value ($000) $213 Shares 1,085 Est. Cost $197.68 Unrealized -8.0%

SHV ISHARES TR 0.0%

Value ($000) $207 Shares 1,876 Est. Cost $110.20 Unrealized —

NOG NORTHERN OIL & GAS INC 0.0%

Value ($000) $204 Shares 8,214 Est. Cost $24.53 Unrealized -8.5%

MSTR STRATEGY INC 0.0%

Value ($000) $200 Shares 621 Est. Cost $364.26 Unrealized -36.8%

TZA DIREXION SHS ETF TR 0.0%

Value ($000) $123 Shares 15,000 Est. Cost $8.21 Unrealized —

UVIX VS TRUST 0.0%

Value ($000) $119 Shares 12,000 Est. Cost $9.93 Unrealized —

— TIDAL TRUST II 0.0%

Value ($000) $55 Shares 10,000 Est. Cost $5.47 Unrealized —

— PROMIS NEUROSCIENCES INC 0.0%

Value ($000) $11 Shares 26,042 Est. Cost $0.48 Unrealized —

— RWT HLDGS INC 0.0%

Value ($000) $10 Shares 10,000 Est. Cost $1.00 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SOUTHSTATE CORPORATION	16,149	$1,597	0.2%	$92.82	—	—	840441109
JEPI	J P MORGAN EXCHANGE TRADED F	20,757	$1,185	0.1%	$54.59	—	—	46641Q332
—	VIPER ENERGY INC	24,380	$932	0.1%	$32.53	—	—	927959106
—	HANESBRANDS INC	42,268	$279	0.0%	$6.08	—	—	410345102
TWO	TWO HBRS INVT CORP	25,871	$255	0.0%	$13.06	—	—	90187B804
ETN	EATON CORP PLC	656	$246	0.0%	$363.27	-2.4%	—	G29183103
VST	VISTRA CORP	1,085	$213	0.0%	$197.68	-8.0%	—	92840M102
SHV	ISHARES TR	1,876	$207	0.0%	$110.20	—	—	464288679
NOG	NORTHERN OIL & GAS INC	8,214	$204	0.0%	$24.53	-8.5%	—	665531307
MSTR	STRATEGY INC	621	$200	0.0%	$364.26	-36.8%	—	594972408
TZA	DIREXION SHS ETF TR	15,000	$123	0.0%	$8.21	—	—	25460E232
UVIX	VS TRUST	12,000	$119	0.0%	$9.93	—	—	92891H606
—	TIDAL TRUST II	10,000	$55	0.0%	$5.47	—	—	88636J527
—	PROMIS NEUROSCIENCES INC	26,042	$11	0.0%	$0.48	—	—	74346M406
—	RWT HLDGS INC	10,000	$10	0.0%	$1.00	—	—	749772AD1

Decreased Positions (35)

FIXD FIRST TR EXCHNG TRADED FD VI 0.3%

Value ($000) $2,751 (-40.8%) Shares 62,065 (-40.7%) Est. Cost $44.39 Unrealized —

AAPL APPLE INC 4.1%

Value ($000) $35,422 (+5.2%) Shares 130,295 (-1.5%) Est. Cost $140.48 Unrealized +91.0%

CALF PACER FDS TR 1.1%

Value ($000) $9,334 (-10.6%) Shares 210,377 (-11.8%) Est. Cost $41.70 Unrealized —

SPGP INVESCO EXCHANGE TRADED FD T 4.5%

Value ($000) $38,200 (-2.5%) Shares 335,500 (-2.7%) Est. Cost $95.26 Unrealized —

SJNK SPDR SERIES TRUST 2.5%

Value ($000) $21,267 (-4.3%) Shares 839,936 (-3.2%) Est. Cost $25.12 Unrealized —

SCHD SCHWAB STRATEGIC TR 6.3%

Value ($000) $53,640 (-1.3%) Shares 1,955,537 (-1.7%) Est. Cost $38.64 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 4.3%

Value ($000) $36,710 (-1.5%) Shares 191,639 (-2.4%) Est. Cost $115.97 Unrealized —

SOXS DIREXION SHS ETF TR 0.0%

Value ($000) $103 (-71.5%) Shares 33,000 (-52.9%) Est. Cost $6.37 Unrealized —

OKLO OKLO INC 0.0%

Value ($000) $290 (-40.0%) Shares 4,042 (-6.7%) Est. Cost $40.02 Unrealized +178.7%

BSV VANGUARD BD INDEX FDS 0.3%

Value ($000) $2,820 (-5.9%) Shares 35,779 (-5.8%) Est. Cost $76.56 Unrealized —

ORCL ORACLE CORP 0.0%

Value ($000) $332 (-31.7%) Shares 1,705 (-1.5%) Est. Cost $175.37 Unrealized +35.7%

BX BLACKSTONE INC 0.0%

Value ($000) $396 (-27.0%) Shares 2,569 (-19.1%) Est. Cost $165.92 Unrealized -8.7%

FPE FIRST TR EXCH TRADED FD III 0.8%

Value ($000) $6,570 (-2.0%) Shares 360,571 (-1.9%) Est. Cost $17.22 Unrealized —

SLV ISHARES SILVER TR 0.0%

Value ($000) $356 (+50.2%) Shares 5,531 (-1.2%) Est. Cost $42.37 Unrealized —

INTC INTEL CORP 0.1%

Value ($000) $457 (-20.2%) Shares 12,377 (-27.4%) Est. Cost $25.52 Unrealized +48.0%

SHY ISHARES TR 0.0%

Value ($000) $404 (-18.1%) Shares 4,873 (-17.9%) Est. Cost $82.46 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.0%

Value ($000) $359 (-19.0%) Shares 2,446 (-1.2%) Est. Cost $106.63 Unrealized —

COST COSTCO WHSL CORP NEW 0.1%

Value ($000) $802 (-8.4%) Shares 930 (-1.7%) Est. Cost $565.71 Unrealized +60.1%

CVX CHEVRON CORP NEW 0.1%

Value ($000) $668 (-9.7%) Shares 4,380 (-8.0%) Est. Cost $116.27 Unrealized +30.2%

PG PROCTER AND GAMBLE CO 0.0%

Value ($000) $230 (-22.5%) Shares 1,608 (-16.9%) Est. Cost $147.79 Unrealized -0.4%

OKE ONEOK INC NEW 0.1%

Value ($000) $923 (-6.5%) Shares 12,555 (-7.2%) Est. Cost $47.55 Unrealized +48.2%

PANW PALO ALTO NETWORKS INC 0.0%

Value ($000) $407 (-10.7%) Shares 2,211 (-1.3%) Est. Cost $157.39 Unrealized +28.2%

VNQ VANGUARD INDEX FDS 0.0%

Value ($000) $378 (-10.9%) Shares 4,271 (-8.0%) Est. Cost $90.23 Unrealized —

CRBN ISHARES TR 0.0%

Value ($000) $209 (-11.2%) Shares 907 (-12.6%) Est. Cost $211.82 Unrealized —

TPYP TORTOISE CAPITAL SERIES TRUS 0.0%

Value ($000) $332 (-6.8%) Shares 9,415 (-3.8%) Est. Cost $36.45 Unrealized —

GDX VANECK ETF TRUST 0.0%

Value ($000) $319 (+7.3%) Shares 3,723 (-4.4%) Est. Cost $33.93 Unrealized —

PEP PEPSICO INC 0.3%

Value ($000) $2,246 (+1.0%) Shares 15,648 (-1.2%) Est. Cost $121.28 Unrealized +20.3%

IWF ISHARES TR 0.0%

Value ($000) $285 (-5.6%) Shares 603 (-6.7%) Est. Cost $337.05 Unrealized —

AEM AGNICO EAGLE MINES LTD 0.0%

Value ($000) $230 (-5.7%) Shares 1,355 (-6.2%) Est. Cost $136.83 Unrealized +22.7%

SLYV SPDR SERIES TRUST 0.1%

Value ($000) $465 (-2.7%) Shares 5,112 (-5.2%) Est. Cost $56.02 Unrealized —

TMFC RBB FD INC 0.0%

Value ($000) $343 (-2.3%) Shares 4,773 (-3.9%) Est. Cost $56.25 Unrealized —

VXF VANGUARD INDEX FDS 0.0%

Value ($000) $388 (-1.9%) Shares 1,858 (-1.8%) Est. Cost $123.17 Unrealized —

LEAD SIREN ETF TR 0.1%

Value ($000) $488 (-1.4%) Shares 6,397 (-1.5%) Est. Cost $50.71 Unrealized —

XLF SELECT SECTOR SPDR TR 0.0%

Value ($000) $225 (-2.9%) Shares 4,099 (-4.5%) Est. Cost $53.87 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value ($000) $617 (+0.9%) Shares 984 (-1.5%) Est. Cost $478.03 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FIXD	FIRST TR EXCHNG TRADED FD VI	62,065 (-40.7%)	$2,751 (-40.8%)	0.3%	$44.39	—	SMITH OPPORT FXD	33740F805
AAPL	APPLE INC	130,295 (-1.5%)	$35,422 (+5.2%)	4.1%	$140.48	+91.0%	COM	037833100
CALF	PACER FDS TR	210,377 (-11.8%)	$9,334 (-10.6%)	1.1%	$41.70	—	US SMALL CAP CAS	69374H857
SPGP	INVESCO EXCHANGE TRADED FD T	335,500 (-2.7%)	$38,200 (-2.5%)	4.5%	$95.26	—	S&P 500 GARP ETF	46137V431
SJNK	SPDR SERIES TRUST	839,936 (-3.2%)	$21,267 (-4.3%)	2.5%	$25.12	—	STATE STREET SPD	78468R408
SCHD	SCHWAB STRATEGIC TR	1,955,537 (-1.7%)	$53,640 (-1.3%)	6.3%	$38.64	—	US DIVIDEND EQ	808524797
RSP	INVESCO EXCHANGE TRADED FD T	191,639 (-2.4%)	$36,710 (-1.5%)	4.3%	$115.97	—	S&P500 EQL WGT	46137V357
SOXS	DIREXION SHS ETF TR	33,000 (-52.9%)	$103 (-71.5%)	0.0%	$6.37	—	DAILY SEMICONDUC	25460G112
OKLO	OKLO INC	4,042 (-6.7%)	$290 (-40.0%)	0.0%	$40.02	+178.7%	COM CL A	02156V109
BSV	VANGUARD BD INDEX FDS	35,779 (-5.8%)	$2,820 (-5.9%)	0.3%	$76.56	—	SHORT TRM BOND	921937827
ORCL	ORACLE CORP	1,705 (-1.5%)	$332 (-31.7%)	0.0%	$175.37	+35.7%	COM	68389X105
BX	BLACKSTONE INC	2,569 (-19.1%)	$396 (-27.0%)	0.0%	$165.92	-8.7%	COM	09260D107
FPE	FIRST TR EXCH TRADED FD III	360,571 (-1.9%)	$6,570 (-2.0%)	0.8%	$17.22	—	PFD SECS INC ETF	33739E108
SLV	ISHARES SILVER TR	5,531 (-1.2%)	$356 (+50.2%)	0.0%	$42.37	—	ISHARES	46428Q109
INTC	INTEL CORP	12,377 (-27.4%)	$457 (-20.2%)	0.1%	$25.52	+48.0%	COM	458140100
SHY	ISHARES TR	4,873 (-17.9%)	$404 (-18.1%)	0.0%	$82.46	—	1 3 YR TREAS BD	464287457
BABA	ALIBABA GROUP HLDG LTD	2,446 (-1.2%)	$359 (-19.0%)	0.0%	$106.63	—	SPONSORED ADS	01609W102
COST	COSTCO WHSL CORP NEW	930 (-1.7%)	$802 (-8.4%)	0.1%	$565.71	+60.1%	COM	22160K105
CVX	CHEVRON CORP NEW	4,380 (-8.0%)	$668 (-9.7%)	0.1%	$116.27	+30.2%	COM	166764100
PG	PROCTER AND GAMBLE CO	1,608 (-16.9%)	$230 (-22.5%)	0.0%	$147.79	-0.4%	COM	742718109
OKE	ONEOK INC NEW	12,555 (-7.2%)	$923 (-6.5%)	0.1%	$47.55	+48.2%	COM	682680103
PANW	PALO ALTO NETWORKS INC	2,211 (-1.3%)	$407 (-10.7%)	0.0%	$157.39	+28.2%	COM	697435105
VNQ	VANGUARD INDEX FDS	4,271 (-8.0%)	$378 (-10.9%)	0.0%	$90.23	—	REAL ESTATE ETF	922908553
CRBN	ISHARES TR	907 (-12.6%)	$209 (-11.2%)	0.0%	$211.82	—	LOW CARBON OPTIM	46434V464
TPYP	TORTOISE CAPITAL SERIES TRUS	9,415 (-3.8%)	$332 (-6.8%)	0.0%	$36.45	—	NORTH AMERN PIPE	890930308
GDX	VANECK ETF TRUST	3,723 (-4.4%)	$319 (+7.3%)	0.0%	$33.93	—	GOLD MINERS ETF	92189F106
PEP	PEPSICO INC	15,648 (-1.2%)	$2,246 (+1.0%)	0.3%	$121.28	+20.3%	COM	713448108
IWF	ISHARES TR	603 (-6.7%)	$285 (-5.6%)	0.0%	$337.05	—	RUS 1000 GRW ETF	464287614
AEM	AGNICO EAGLE MINES LTD	1,355 (-6.2%)	$230 (-5.7%)	0.0%	$136.83	+22.7%	COM	008474108
SLYV	SPDR SERIES TRUST	5,112 (-5.2%)	$465 (-2.7%)	0.1%	$56.02	—	STATE STREET SPD	78464A300
TMFC	RBB FD INC	4,773 (-3.9%)	$343 (-2.3%)	0.0%	$56.25	—	MOTLEY FOL ETF	74933W601
VXF	VANGUARD INDEX FDS	1,858 (-1.8%)	$388 (-1.9%)	0.0%	$123.17	—	EXTEND MKT ETF	922908652
LEAD	SIREN ETF TR	6,397 (-1.5%)	$488 (-1.4%)	0.1%	$50.71	—	DIVCN LDRS ETF	829658301
XLF	SELECT SECTOR SPDR TR	4,099 (-4.5%)	$225 (-2.9%)	0.0%	$53.87	—	STATE STREET FIN	81369Y605
VOO	VANGUARD INDEX FDS	984 (-1.5%)	$617 (+0.9%)	0.1%	$478.03	—	S&P 500 ETF SHS	922908363

Unchanged Positions (53)

QUAL ISHARES TR 11.8%

Value ($000) $100,850 Shares 507,751 Est. Cost $135.36 Unrealized —

SBR SABINE RTY TR 0.5%

Value ($000) $4,664 Shares 68,012 Est. Cost $53.76 Unrealized —

MOAT VANECK ETF TRUST 1.0%

Value ($000) $8,760 Shares 84,591 Est. Cost $81.06 Unrealized —

JBI JANUS INTERNATIONAL GROUP IN 0.1%

Value ($000) $686 Shares 104,926 Est. Cost $10.15 Unrealized -23.3%

AVGO BROADCOM INC 0.6%

Value ($000) $5,286 Shares 15,274 Est. Cost $166.03 Unrealized +115.0%

QQQ INVESCO QQQ TR 1.3%

Value ($000) $10,697 Shares 17,413 Est. Cost $267.28 Unrealized —

LUV SOUTHWEST AIRLS CO 0.1%

Value ($000) $939 Shares 22,726 Est. Cost $45.87 Unrealized -24.2%

CMG CHIPOTLE MEXICAN GRILL INC 0.4%

Value ($000) $3,453 Shares 93,320 Est. Cost $61.04 Unrealized -40.7%

RODM LATTICE STRATEGIES TR 0.4%

Value ($000) $3,465 Shares 93,710 Est. Cost $27.69 Unrealized —

IVV ISHARES TR 0.5%

Value ($000) $4,510 Shares 6,585 Est. Cost $485.50 Unrealized —

CADE CADENCE BANK 0.1%

Value ($000) $1,098 Shares 25,638 Est. Cost $22.57 Unrealized +74.6%

ETHE GRAYSCALE ETHEREUM TRUST ETF 0.0%

Value ($000) $289 Shares 11,850 Est. Cost $21.89 Unrealized —

ET ENERGY TRANSFER L P 0.4%

Value ($000) $3,103 Shares 188,175 Est. Cost $12.18 Unrealized —

SCHF SCHWAB STRATEGIC TR 0.3%

Value ($000) $2,445 Shares 101,712 Est. Cost $23.46 Unrealized —

GLD SPDR GOLD TR 0.1%

Value ($000) $906 Shares 2,287 Est. Cost $163.36 Unrealized —

TDAY USA TODAY CO INC 0.0%

Value ($000) $412 Shares 80,000 Est. Cost $4.50 Unrealized +4.3%

SSB SOUTHSTATE BK CORP 0.2%

Value ($000) $1,520 Shares 16,149 Est. Cost $96.71 Unrealized -5.0%

AZN ASTRAZENECA PLC 0.0%

Value ($000) $390 Shares 4,240 Est. Cost $66.09 Unrealized —

GHC GRAHAM HLDGS CO 0.1%

Value ($000) $924 Shares 841 Est. Cost $552.17 Unrealized +93.2%

IAU ISHARES GOLD TR 0.1%

Value ($000) $516 Shares 6,352 Est. Cost $36.38 Unrealized —

CHWY CHEWY INC 0.0%

Value ($000) $222 Shares 6,712 Est. Cost $31.10 Unrealized +11.6%

NVDA NVIDIA CORPORATION 1.7%

Value ($000) $14,602 Shares 78,296 Est. Cost $99.27 Unrealized +87.5%

SPDW SPDR INDEX SHS FDS 0.1%

Value ($000) $996 Shares 22,431 Est. Cost $26.47 Unrealized —

PRT PERMROCK ROYALTY TRUST 0.0%

Value ($000) $80 Shares 28,741 Est. Cost $4.14 Unrealized —

ELDN ELEDON PHARMACEUTICALS INC 0.0%

Value ($000) $45 Shares 30,000 Est. Cost $3.00 Unrealized -20.8%

SMH VANECK ETF TRUST 0.0%

Value ($000) $322 Shares 894 Est. Cost $279.03 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.0%

Value ($000) $323 Shares 368 Est. Cost $546.10 Unrealized +48.9%

IEFA ISHARES TR 0.2%

Value ($000) $1,734 Shares 19,379 Est. Cost $55.58 Unrealized —

ABT ABBOTT LABS 0.0%

Value ($000) $268 Shares 2,141 Est. Cost $125.97 Unrealized +1.1%

JOUT JOHNSON OUTDOORS INC 0.0%

Value ($000) $358 Shares 8,424 Est. Cost $36.56 Unrealized +13.2%

IGV ISHARES TR 0.0%

Value ($000) $214 Shares 2,028 Est. Cost $109.50 Unrealized —

ESGU ISHARES TR 0.1%

Value ($000) $710 Shares 4,765 Est. Cost $79.83 Unrealized —

FNDA SCHWAB STRATEGIC TR 0.1%

Value ($000) $1,163 Shares 36,912 Est. Cost $35.11 Unrealized —

ZJK ZJK INDL CO. LTD. 0.0%

Value ($000) $25 Shares 12,500 Est. Cost $4.42 Unrealized -41.2%

IEMG ISHARES INC 0.1%

Value ($000) $787 Shares 11,705 Est. Cost $46.92 Unrealized —

BSM BLACK STONE MINERALS L P 0.1%

Value ($000) $1,224 Shares 92,064 Est. Cost $14.27 Unrealized —

IVW ISHARES TR 0.1%

Value ($000) $583 Shares 4,733 Est. Cost $74.85 Unrealized —

CAVA CAVA GROUP INC 0.0%

Value ($000) $357 Shares 6,085 Est. Cost $36.60 Unrealized +52.4%

JEPQ J P MORGAN EXCHANGE TRADED F 0.1%

Value ($000) $720 Shares 12,393 Est. Cost $45.24 Unrealized —

CNDT CONDUENT INC 0.0%

Value ($000) $19 Shares 10,000 Est. Cost $3.97 Unrealized -44.9%

SPYD SPDR SERIES TRUST 0.1%

Value ($000) $484 Shares 11,194 Est. Cost $34.68 Unrealized —

IJH ISHARES TR 0.1%

Value ($000) $592 Shares 8,974 Est. Cost $69.56 Unrealized —

IHI ISHARES TR 0.0%

Value ($000) $216 Shares 3,479 Est. Cost $59.24 Unrealized —

ESGD ISHARES TR 0.0%

Value ($000) $212 Shares 2,226 Est. Cost $93.00 Unrealized —

MRVL MARVELL TECHNOLOGY INC 0.1%

Value ($000) $511 Shares 6,012 Est. Cost $93.83 Unrealized -6.8%

QQQE DIREXION SHS ETF TR 0.0%

Value ($000) $386 Shares 3,771 Est. Cost $81.59 Unrealized —

YUM YUM BRANDS INC 0.0%

Value ($000) $418 Shares 2,762 Est. Cost $93.63 Unrealized +57.7%

PPA INVESCO EXCHANGE TRADED FD T 0.0%

Value ($000) $264 Shares 1,686 Est. Cost $141.89 Unrealized —

EMLP FIRST TR EXCHANGE-TRADED FD 0.0%

Value ($000) $314 Shares 8,300 Est. Cost $27.08 Unrealized —

BRK/A BERKSHIRE HATHAWAY INC DEL 0.1%

Value ($000) $755 Shares 1 Est. Cost $729330.75 Unrealized +2.3%

MIDU DIREXION SHS ETF TR 0.0%

Value ($000) $406 Shares 8,000 Est. Cost $40.25 Unrealized —

RSPG INVESCO EXCHANGE TRADED FD T 0.0%

Value ($000) $267 Shares 3,351 Est. Cost $81.88 Unrealized —

STHO STAR HLDGS 0.0%

Value ($000) $219 Shares 26,629 Est. Cost $9.85 Unrealized -22.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QUAL	ISHARES TR	507,751	$100,850	11.8%	$135.36	—	MSCI USA QLT FCT	46432F339
SBR	SABINE RTY TR	68,012	$4,664	0.5%	$53.76	—	UNIT BEN INT	785688102
MOAT	VANECK ETF TRUST	84,591	$8,760	1.0%	$81.06	—	MRNGSTR WDE MOAT	92189F643
JBI	JANUS INTERNATIONAL GROUP IN	104,926	$686	0.1%	$10.15	-23.3%	COMMON STOCK	47103N106
AVGO	BROADCOM INC	15,274	$5,286	0.6%	$166.03	+115.0%	COM	11135F101
QQQ	INVESCO QQQ TR	17,413	$10,697	1.3%	$267.28	—	UNIT SER 1	46090E103
LUV	SOUTHWEST AIRLS CO	22,726	$939	0.1%	$45.87	-24.2%	COM	844741108
CMG	CHIPOTLE MEXICAN GRILL INC	93,320	$3,453	0.4%	$61.04	-40.7%	COM	169656105
RODM	LATTICE STRATEGIES TR	93,710	$3,465	0.4%	$27.69	—	HARTFORD MLT ETF	518416102
IVV	ISHARES TR	6,585	$4,510	0.5%	$485.50	—	CORE S&P500 ETF	464287200
CADE	CADENCE BANK	25,638	$1,098	0.1%	$22.57	+74.6%	COM	12740C103
ETHE	GRAYSCALE ETHEREUM TRUST ETF	11,850	$289	0.0%	$21.89	—	SHS	389638107
ET	ENERGY TRANSFER L P	188,175	$3,103	0.4%	$12.18	—	COM UT LTD PTN	29273V100
SCHF	SCHWAB STRATEGIC TR	101,712	$2,445	0.3%	$23.46	—	INTL EQTY ETF	808524805
GLD	SPDR GOLD TR	2,287	$906	0.1%	$163.36	—	GOLD SHS	78463V107
TDAY	USA TODAY CO INC	80,000	$412	0.0%	$4.50	+4.3%	COM	36472T109
SSB	SOUTHSTATE BK CORP	16,149	$1,520	0.2%	$96.71	-5.0%	COM	84472E102
AZN	ASTRAZENECA PLC	4,240	$390	0.0%	$66.09	—	SPONSORED ADR	046353108
GHC	GRAHAM HLDGS CO	841	$924	0.1%	$552.17	+93.2%	COM CL B	384637104
IAU	ISHARES GOLD TR	6,352	$516	0.1%	$36.38	—	ISHARES NEW	464285204
CHWY	CHEWY INC	6,712	$222	0.0%	$31.10	+11.6%	CL A	16679L109
NVDA	NVIDIA CORPORATION	78,296	$14,602	1.7%	$99.27	+87.5%	COM	67066G104
SPDW	SPDR INDEX SHS FDS	22,431	$996	0.1%	$26.47	—	PORTFOLIO DEVLPD	78463X889
PRT	PERMROCK ROYALTY TRUST	28,741	$80	0.0%	$4.14	—	TR UNIT	714254109
ELDN	ELEDON PHARMACEUTICALS INC	30,000	$45	0.0%	$3.00	-20.8%	COM	28617K101
SMH	VANECK ETF TRUST	894	$322	0.0%	$279.03	—	SEMICONDUCTR ETF	92189F676
GS	GOLDMAN SACHS GROUP INC	368	$323	0.0%	$546.10	+48.9%	COM	38141G104
IEFA	ISHARES TR	19,379	$1,734	0.2%	$55.58	—	CORE MSCI EAFE	46432F842
ABT	ABBOTT LABS	2,141	$268	0.0%	$125.97	+1.1%	COM	002824100
JOUT	JOHNSON OUTDOORS INC	8,424	$358	0.0%	$36.56	+13.2%	CL A	479167108
IGV	ISHARES TR	2,028	$214	0.0%	$109.50	—	EXPANDED TECH	464287515
ESGU	ISHARES TR	4,765	$710	0.1%	$79.83	—	ESG AWR MSCI USA	46435G425
FNDA	SCHWAB STRATEGIC TR	36,912	$1,163	0.1%	$35.11	—	FUNDAMENTAL US S	808524763
ZJK	ZJK INDL CO. LTD.	12,500	$25	0.0%	$4.42	-41.2%	ORD SHS	G98Y9E102
IEMG	ISHARES INC	11,705	$787	0.1%	$46.92	—	CORE MSCI EMKT	46434G103
BSM	BLACK STONE MINERALS L P	92,064	$1,224	0.1%	$14.27	—	COM UNIT	09225M101
IVW	ISHARES TR	4,733	$583	0.1%	$74.85	—	S&P 500 GRWT ETF	464287309
CAVA	CAVA GROUP INC	6,085	$357	0.0%	$36.60	+52.4%	COM	148929102
JEPQ	J P MORGAN EXCHANGE TRADED F	12,393	$720	0.1%	$45.24	—	NASDAQ EQT PREM	46654Q203
CNDT	CONDUENT INC	10,000	$19	0.0%	$3.97	-44.9%	COM	206787103
SPYD	SPDR SERIES TRUST	11,194	$484	0.1%	$34.68	—	STATE STREET SPD	78468R788
IJH	ISHARES TR	8,974	$592	0.1%	$69.56	—	CORE S&P MCP ETF	464287507
IHI	ISHARES TR	3,479	$216	0.0%	$59.24	—	U.S. MED DVC ETF	464288810
ESGD	ISHARES TR	2,226	$212	0.0%	$93.00	—	ESG AW MSCI EAFE	46435G516
MRVL	MARVELL TECHNOLOGY INC	6,012	$511	0.1%	$93.83	-6.8%	COM	573874104
QQQE	DIREXION SHS ETF TR	3,771	$386	0.0%	$81.59	—	NAS100 EQL WGT	25459Y207
YUM	YUM BRANDS INC	2,762	$418	0.0%	$93.63	+57.7%	COM	988498101
PPA	INVESCO EXCHANGE TRADED FD T	1,686	$264	0.0%	$141.89	—	AEROSPACE DEFN	46137V100
EMLP	FIRST TR EXCHANGE-TRADED FD	8,300	$314	0.0%	$27.08	—	NO AMER ENERGY	33738D101
BRK/A	BERKSHIRE HATHAWAY INC DEL	1	$755	0.1%	$729330.75	+2.3%	CL A	084670108
MIDU	DIREXION SHS ETF TR	8,000	$406	0.0%	$40.25	—	DLY MIDCAP ETF3X	25459W730
RSPG	INVESCO EXCHANGE TRADED FD T	3,351	$267	0.0%	$81.88	—	S&P500 EQL ENR	46137V365
STHO	STAR HLDGS	26,629	$219	0.0%	$9.85	-22.3%	SHS BEN INT	85512G106