Shade Tree Advisors LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	2,722	$1,864	1.4%	$684.88	—	CORE S&P500 ETF	464287200
PBDC	PUTNAM ETF TRUST	31,700	$970	0.7%	$30.60	—	BDC INCOME ETF	746729508
VO	VANGUARD INDEX FDS	3,125	$907	0.7%	$290.22	—	MID CAP ETF	922908629
VONV	VANGUARD SCOTTSDALE FDS	8,247	$761	0.6%	$92.30	—	VNG RUS1000VAL	92206C714
IJR	ISHARES TR	5,700	$685	0.5%	$120.18	—	CORE S&P SCP ETF	464287804
IEFA	ISHARES TR	5,469	$489	0.4%	$89.46	—	CORE MSCI EAFE	46432F842
SMB	VANECK ETF TRUST	26,934	$469	0.4%	$17.41	—	VANECK SHRT MUNI	92189F528
BIZD	VANECK ETF TRUST	31,607	$448	0.3%	$14.18	—	BDC INCOME ETF	92189F411
VOE	VANGUARD INDEX FDS	2,469	$438	0.3%	$177.37	—	MCAP VL IDXVIP	922908512
IVVM	BLACKROCK ETF TRUST II	10,191	$355	0.3%	$34.79	—	ISHARES LARG CAP	092528702
BXMT	BLACKSTONE MTG TR INC	16,462	$315	0.2%	$19.13	—	COM CL A	09257W100
FDX	FEDEX CORP	1,057	$305	0.2%	$261.56	0.0%	COM	31428X106
TRTX	TPG RE FIN TR INC	32,794	$282	0.2%	$8.61	—	COM	87266M107
IWM	ISHARES TR	1,100	$271	0.2%	$246.16	—	RUSSELL 2000 ETF	464287655
VOT	VANGUARD INDEX FDS	898	$251	0.2%	$279.14	—	MCAP GR IDXVIP	922908538
BAC	BANK AMERICA CORP	4,163	$229	0.2%	$52.67	0.0%	COM	060505104
VAW	VANGUARD WORLD FD	1,059	$220	0.2%	$207.55	—	MATERIALS ETF	92204A801
FSMB	FIRST TR EXCH TRADED FD III	10,866	$218	0.2%	$20.05	—	SHRT DUR MNG MUN	33739P830
TAXF	AMERICAN CENTY ETF TR	4,238	$214	0.2%	$50.38	—	DIVERSIFIED MU	025072505
PIE	INVESCO EXCH TRADED FD TR II	8,900	$210	0.2%	$23.64	—	DORSEY WRGT EMRG	46138E867
MFIC	MIDCAP FINANCIAL INVSTMNT CO	17,099	$196	0.1%	$11.59	0.0%	COM NEW	03761U502
LIEN	CHICAGO ATLANTIC BDC INC	17,360	$179	0.1%	$10.14	0.0%	COM	828174102

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTI	VANGUARD INDEX FDS	241,531 (+1.8%)	$80,978 (+4.0%)	61.5%	$291.72	—	TOTAL STK MKT	922908769
VOO	VANGUARD INDEX FDS	5,727 (+65.4%)	$3,591 (+69.4%)	2.7%	$575.32	—	S&P 500 ETF SHS	922908363
VXUS	VANGUARD STAR FDS	186,861 (+4.1%)	$14,097 (+6.9%)	10.7%	$61.19	—	VG TL INTL STK F	921909768
VTEB	VANGUARD MUN BD FDS	101,628 (+5.5%)	$5,111 (+6.0%)	3.9%	$49.96	—	TAX EXEMPT BD	922907746
IEMG	ISHARES INC	12,943 (+30.3%)	$870 (+32.9%)	0.7%	$55.71	—	CORE MSCI EMKT	46434G103
VGLT	VANGUARD SCOTTSDALE FDS	9,885 (+62.2%)	$552 (+59.2%)	0.4%	$55.52	—	LONG TERM TREAS	92206C847
GBDC	GOLUB CAP BDC INC	48,369 (+44.1%)	$656 (+42.8%)	0.5%	$13.87	-2.4%	COM	38173M102
BND	VANGUARD BD INDEX FDS	68,481 (+4.2%)	$5,072 (+3.8%)	3.9%	$72.28	—	TOTAL BND MRKT	921937835
TIP	ISHARES TR	5,036 (+48.2%)	$554 (+46.4%)	0.4%	$107.64	—	TIPS BD ETF	464287176
EQAL	INVESCO EXCH TRADED FD TR II	22,008 (+7.1%)	$1,159 (+8.4%)	0.9%	$48.59	—	RUSEL 1000 EQL	46138E420
VB	VANGUARD INDEX FDS	1,223 (+9.7%)	$315 (+11.3%)	0.2%	$241.84	—	SMALL CP ETF	922908751
FBTC	FIDELITY WISE ORIGIN BITCOIN	3,357 (+39.0%)	$256 (+6.2%)	0.2%	$93.19	—	SHS	315948109

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	1,078 (-54.9%)	$735 (-53.8%)	0.6%	$567.14	—	TR UNIT	78462F103

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GFS	GLOBALFOUNDRIES INC	118,750	$4,147	3.2%	$41.90	-15.1%	ORDINARY SHARES	G39387108
COST	COSTCO WHSL CORP NEW	813	$701	0.5%	$922.64	-1.8%	COM	22160K105
IT	GARTNER INC	3,740	$944	0.7%	$418.44	-42.5%	COM	366651107
WOOF	PETCO HEALTH & WELLNESS CO I	34,400	$97	0.1%	$4.52	-28.4%	COM	71601V105
BIV	VANGUARD BD INDEX FDS	19,256	$1,500	1.1%	$74.73	—	INTERMED TERM	921937819