Davidson Capital Management Inc. Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPYG	SPDR SERIES TRUST	50,909	$5,432	1.2%	$106.70	—	STATE STREET SPD	78464A409
ANET	ARISTA NETWORKS INC	12,187	$1,597	0.3%	$137.66	0.0%	COM SHS	040413205
HUBB	HUBBELL INC	3,527	$1,566	0.3%	$437.22	0.0%	COM	443510607
APH	AMPHENOL CORP NEW	9,615	$1,299	0.3%	$133.54	0.0%	CL A	032095101
SPMO	INVESCO EXCH TRADED FD TR II	5,860	$699	0.2%	$119.32	—	S&P 500 MOMNTM	46138E339
VTI	VANGUARD INDEX FDS	570	$191	0.0%	$335.27	—	TOTAL STK MKT	922908769
DFSV	DIMENSIONAL ETF TRUST	2,105	$69	0.0%	$32.89	—	US SMALL CAP VAL	25434V815
VCSH	VANGUARD SCOTTSDALE FDS	598	$48	0.0%	$79.73	—	SHRT TRM CORP BD	92206C409
BSX	BOSTON SCIENTIFIC CORP	130	$12	0.0%	$98.04	0.0%	COM	101137107
IRMD	IRADIMED CORP	127	$12	0.0%	$85.35	0.0%	COM	46266A109
MCK	MCKESSON CORP	15	$12	0.0%	$815.57	0.0%	COM	58155Q103
WRB	BERKLEY W R CORP	175	$12	0.0%	$72.74	0.0%	COM	084423102
PWR	QUANTA SVCS INC	29	$12	0.0%	$439.27	0.0%	COM	74762E102
AEM	AGNICO EAGLE MINES LTD	72	$12	0.0%	$167.85	0.0%	COM	008474108
SCCO	SOUTHERN COPPER CORP	85	$12	0.0%	$132.76	0.0%	COM	84265V105
UTHR	UNITED THERAPEUTICS CORP DEL	25	$12	0.0%	$465.69	0.0%	COM	91307C102
TJX	TJX COS INC NEW	79	$12	0.0%	$147.70	0.0%	COM	872540109
CBOE	CBOE GLOBAL MKTS INC	48	$12	0.0%	$248.74	0.0%	COM	12503M108
CME	CME GROUP INC	44	$12	0.0%	$270.74	0.0%	COM	12572Q105
EXEL	EXELIXIS INC	271	$12	0.0%	$41.37	0.0%	COM	30161Q104
USLM	UNITED STS LIME & MINERALS I	99	$12	0.0%	$123.98	0.0%	COM	911922102
UFPT	UFP TECHNOLOGIES INC	53	$12	0.0%	$214.25	0.0%	COM	902673102
DUK	DUKE ENERGY CORP NEW	79	$9	0.0%	$121.57	0.0%	COM NEW	26441C204
NEE	NEXTERA ENERGY INC	115	$9	0.0%	$82.50	0.0%	COM	65339F101
AEP	AMERICAN ELEC PWR CO INC	80	$9	0.0%	$117.70	0.0%	COM	025537101
VST	VISTRA CORP	57	$9	0.0%	$181.92	0.0%	COM	92840M102
IBM	INTERNATIONAL BUSINESS MACHS	22	$7	0.0%	$298.78	0.0%	COM	459200101
HWM	HOWMET AEROSPACE INC	30	$6	0.0%	$199.00	0.0%	COM	443201108
WMT	WALMART INC	55	$6	0.0%	$107.20	0.0%	COM	931142103
COST	COSTCO WHSL CORP NEW	7	$6	0.0%	$905.73	0.0%	COM	22160K105
CEG	CONSTELLATION ENERGY CORP	17	$6	0.0%	$363.20	0.0%	COM	21037T109
ETN	EATON CORP PLC	10	$3	0.0%	$354.39	0.0%	SHS	G29183103
ECL	ECOLAB INC	12	$3	0.0%	$265.71	0.0%	COM	278865100
MNST	MONSTER BEVERAGE CORP NEW	40	$3	0.0%	$71.65	0.0%	COM	61174X109
NMIH	NMI HLDGS INC	75	$3	0.0%	$37.80	0.0%	COM	629209305
MS	MORGAN STANLEY	17	$3	0.0%	$166.47	0.0%	COM NEW	617446448
THC	TENET HEALTHCARE CORP	15	$3	0.0%	$202.09	0.0%	COM NEW	88033G407
PFGC	PERFORMANCE FOOD GROUP CO	33	$3	0.0%	$96.57	0.0%	COM	71377A103
STLD	STEEL DYNAMICS INC	17	$3	0.0%	$158.36	0.0%	COM	858119100
IMSR	TERRESTRIAL ENERGY INC	182	$1	0.0%	$6.12	—	COM SHS	881454102

Increased Positions (31)

VCIT VANGUARD SCOTTSDALE FDS 16.4%

Value ($000) $75,844 (+6.0%) Shares 905,604 (+6.5%) Est. Cost $81.59 Unrealized —

VCLT VANGUARD SCOTTSDALE FDS 6.9%

Value ($000) $32,068 (+12.1%) Shares 422,785 (+14.7%) Est. Cost $75.84 Unrealized —

AXP AMERICAN EXPRESS CO 0.3%

Value ($000) $1,563 (+12618.0%) Shares 4,225 (+11318.9%) Est. Cost $356.61 Unrealized +0.1%

IBKR INTERACTIVE BROKERS GROUP IN 0.3%

Value ($000) $1,477 (+43698.3%) Shares 22,965 (+46767.3%) Est. Cost $66.88 Unrealized +0.0%

ENVA ENOVA INTL INC 1.1%

Value ($000) $4,903 (+38.0%) Shares 31,187 (+1.1%) Est. Cost $114.45 Unrealized +13.7%

QQQ INVESCO QQQ TR 7.1%

Value ($000) $32,858 (+4.0%) Shares 53,487 (+1.6%) Est. Cost $415.03 Unrealized —

VEEV VEEVA SYS INC 0.7%

Value ($000) $3,279 (-23.4%) Shares 14,687 (+2.2%) Est. Cost $198.59 Unrealized +33.6%

RSP INVESCO EXCHANGE TRADED FD T 6.8%

Value ($000) $31,470 (+2.1%) Shares 164,285 (+1.1%) Est. Cost $173.60 Unrealized —

URI UNITED RENTALS INC 0.8%

Value ($000) $3,701 (-13.0%) Shares 4,573 (+2.6%) Est. Cost $308.15 Unrealized +181.4%

NFLX NETFLIX INC 0.6%

Value ($000) $2,686 (-15.7%) Shares 28,651 (+977.9%) Est. Cost $103.66 Unrealized +4.0%

NOW SERVICENOW INC 0.6%

Value ($000) $2,773 (-14.5%) Shares 18,104 (+413.7%) Est. Cost $159.56 Unrealized +7.5%

HD HOME DEPOT INC 0.6%

Value ($000) $2,811 (-14.2%) Shares 8,170 (+1.1%) Est. Cost $287.56 Unrealized +26.8%

GEV GE VERNOVA INC 1.0%

Value ($000) $4,550 (+8.1%) Shares 6,961 (+1.7%) Est. Cost $352.46 Unrealized +72.8%

HALO HALOZYME THERAPEUTICS INC 0.8%

Value ($000) $3,784 (-7.0%) Shares 56,223 (+1.4%) Est. Cost $54.55 Unrealized +23.3%

AMZN AMAZON COM INC 0.8%

Value ($000) $3,785 (+7.7%) Shares 16,400 (+2.4%) Est. Cost $176.75 Unrealized +29.4%

PANW PALO ALTO NETWORKS INC 0.7%

Value ($000) $3,427 (-6.5%) Shares 18,603 (+3.4%) Est. Cost $185.52 Unrealized +8.7%

V VISA INC 0.8%

Value ($000) $3,606 (+6.9%) Shares 10,281 (+4.1%) Est. Cost $234.10 Unrealized +45.4%

JPM JPMORGAN CHASE & CO. 0.8%

Value ($000) $3,808 (+5.9%) Shares 11,819 (+3.7%) Est. Cost $296.41 Unrealized +4.4%

KNSL KINSALE CAP GROUP INC 0.6%

Value ($000) $2,798 (-5.7%) Shares 7,155 (+2.6%) Est. Cost $316.86 Unrealized +28.7%

MSFT MICROSOFT CORP 0.8%

Value ($000) $3,834 (-4.2%) Shares 7,927 (+2.6%) Est. Cost $274.62 Unrealized +82.3%

FTNT FORTINET INC 0.8%

Value ($000) $3,481 (-4.1%) Shares 43,838 (+1.5%) Est. Cost $66.07 Unrealized +25.5%

ADSK AUTODESK INC 0.7%

Value ($000) $3,265 (-4.2%) Shares 11,030 (+2.8%) Est. Cost $216.14 Unrealized +40.0%

EME EMCOR GROUP INC 0.8%

Value ($000) $3,778 (-3.1%) Shares 6,175 (+2.9%) Est. Cost $446.67 Unrealized +45.0%

VGIT VANGUARD SCOTTSDALE FDS 0.1%

Value ($000) $641 (+12.2%) Shares 10,697 (+12.4%) Est. Cost $59.55 Unrealized —

SYK STRYKER CORPORATION 0.7%

Value ($000) $3,203 (-0.9%) Shares 9,114 (+4.3%) Est. Cost $376.42 Unrealized -3.4%

INTU INTUIT 0.7%

Value ($000) $3,419 (+0.5%) Shares 5,162 (+3.7%) Est. Cost $482.33 Unrealized +37.0%

TSLA TESLA INC 0.0%

Value ($000) $27 (+81.4%) Shares 61 (+79.4%) Est. Cost $320.71 Unrealized +38.2%

MPWR MONOLITHIC PWR SYS INC 0.9%

Value ($000) $4,177 (-0.1%) Shares 4,609 (+1.5%) Est. Cost $629.59 Unrealized +52.6%

ORLY OREILLY AUTOMOTIVE INC 0.0%

Value ($000) $15 (+9.7%) Shares 166 (+29.7%) Est. Cost $92.33 Unrealized +5.8%

VIOO VANGUARD ADMIRAL FDS INC 0.0%

Value ($000) $4 (+3.3%) Shares 36 (+2.9%) Est. Cost $100.03 Unrealized —

QLD PROSHARES TR 0.0%

Value ($000) $0 (+2.7%) Shares 6 (+100.0%) Est. Cost $55.82 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VCIT	VANGUARD SCOTTSDALE FDS	905,604 (+6.5%)	$75,844 (+6.0%)	16.4%	$81.59	—	INT-TERM CORP	92206C870
VCLT	VANGUARD SCOTTSDALE FDS	422,785 (+14.7%)	$32,068 (+12.1%)	6.9%	$75.84	—	LG-TERM COR BD	92206C813
AXP	AMERICAN EXPRESS CO	4,225 (+11318.9%)	$1,563 (+12618.0%)	0.3%	$356.61	+0.1%	COM	025816109
IBKR	INTERACTIVE BROKERS GROUP IN	22,965 (+46767.3%)	$1,477 (+43698.3%)	0.3%	$66.88	+0.0%	COM CL A	45841N107
ENVA	ENOVA INTL INC	31,187 (+1.1%)	$4,903 (+38.0%)	1.1%	$114.45	+13.7%	COM	29357K103
QQQ	INVESCO QQQ TR	53,487 (+1.6%)	$32,858 (+4.0%)	7.1%	$415.03	—	UNIT SER 1	46090E103
VEEV	VEEVA SYS INC	14,687 (+2.2%)	$3,279 (-23.4%)	0.7%	$198.59	+33.6%	CL A COM	922475108
RSP	INVESCO EXCHANGE TRADED FD T	164,285 (+1.1%)	$31,470 (+2.1%)	6.8%	$173.60	—	S&P500 EQL WGT	46137V357
URI	UNITED RENTALS INC	4,573 (+2.6%)	$3,701 (-13.0%)	0.8%	$308.15	+181.4%	COM	911363109
NFLX	NETFLIX INC	28,651 (+977.9%)	$2,686 (-15.7%)	0.6%	$103.66	+4.0%	COM	64110L106
NOW	SERVICENOW INC	18,104 (+413.7%)	$2,773 (-14.5%)	0.6%	$159.56	+7.5%	COM	81762P102
HD	HOME DEPOT INC	8,170 (+1.1%)	$2,811 (-14.2%)	0.6%	$287.56	+26.8%	COM	437076102
GEV	GE VERNOVA INC	6,961 (+1.7%)	$4,550 (+8.1%)	1.0%	$352.46	+72.8%	COM	36828A101
HALO	HALOZYME THERAPEUTICS INC	56,223 (+1.4%)	$3,784 (-7.0%)	0.8%	$54.55	+23.3%	COM	40637H109
AMZN	AMAZON COM INC	16,400 (+2.4%)	$3,785 (+7.7%)	0.8%	$176.75	+29.4%	COM	023135106
PANW	PALO ALTO NETWORKS INC	18,603 (+3.4%)	$3,427 (-6.5%)	0.7%	$185.52	+8.7%	COM	697435105
V	VISA INC	10,281 (+4.1%)	$3,606 (+6.9%)	0.8%	$234.10	+45.4%	COM CL A	92826C839
JPM	JPMORGAN CHASE & CO.	11,819 (+3.7%)	$3,808 (+5.9%)	0.8%	$296.41	+4.4%	COM	46625H100
KNSL	KINSALE CAP GROUP INC	7,155 (+2.6%)	$2,798 (-5.7%)	0.6%	$316.86	+28.7%	COM	49714P108
MSFT	MICROSOFT CORP	7,927 (+2.6%)	$3,834 (-4.2%)	0.8%	$274.62	+82.3%	COM	594918104
FTNT	FORTINET INC	43,838 (+1.5%)	$3,481 (-4.1%)	0.8%	$66.07	+25.5%	COM	34959E109
ADSK	AUTODESK INC	11,030 (+2.8%)	$3,265 (-4.2%)	0.7%	$216.14	+40.0%	COM	052769106
EME	EMCOR GROUP INC	6,175 (+2.9%)	$3,778 (-3.1%)	0.8%	$446.67	+45.0%	COM	29084Q100
VGIT	VANGUARD SCOTTSDALE FDS	10,697 (+12.4%)	$641 (+12.2%)	0.1%	$59.55	—	INTER TERM TREAS	92206C706
SYK	STRYKER CORPORATION	9,114 (+4.3%)	$3,203 (-0.9%)	0.7%	$376.42	-3.4%	COM	863667101
INTU	INTUIT	5,162 (+3.7%)	$3,419 (+0.5%)	0.7%	$482.33	+37.0%	COM	461202103
TSLA	TESLA INC	61 (+79.4%)	$27 (+81.4%)	0.0%	$320.71	+38.2%	COM	88160R101
MPWR	MONOLITHIC PWR SYS INC	4,609 (+1.5%)	$4,177 (-0.1%)	0.9%	$629.59	+52.6%	COM	609839105
ORLY	OREILLY AUTOMOTIVE INC	166 (+29.7%)	$15 (+9.7%)	0.0%	$92.33	+5.8%	COM	67103H107
VIOO	VANGUARD ADMIRAL FDS INC	36 (+2.9%)	$4 (+3.3%)	0.0%	$100.03	—	SMLLCP 600 IDX	921932828
QLD	PROSHARES TR	6 (+100.0%)	$0 (+2.7%)	0.0%	$55.82	—	PSHS ULTRA QQQ	74347R206

Exited Positions (12)

FISV FISERV INC 0.6%

Value ($000) $2,745 Shares 21,288 Est. Cost $131.04 Unrealized -36.0%

CMG CHIPOTLE MEXICAN GRILL INC 0.5%

Value ($000) $2,270 Shares 57,920 Est. Cost $53.82 Unrealized -32.8%

GBTC GRAYSCALE BITCOIN TRUST ETF 0.0%

Value ($000) $19 Shares 208 Est. Cost $68.90 Unrealized —

LRCX LAM RESEARCH CORP 0.0%

Value ($000) $13 Shares 94 Est. Cost $74.98 Unrealized +107.2%

MANH MANHATTAN ASSOCIATES INC 0.0%

Value ($000) $11 Shares 56 Est. Cost $201.22 Unrealized -9.2%

CB CHUBB LIMITED 0.0%

Value ($000) $11 Shares 38 Est. Cost $273.21 Unrealized +7.0%

NVO NOVO-NORDISK A S 0.0%

Value ($000) $11 Shares 190 Est. Cost $55.49 Unrealized —

META META PLATFORMS INC 0.0%

Value ($000) $10 Shares 14 Est. Cost $743.23 Unrealized -10.2%

ADBE ADOBE INC 0.0%

Value ($000) $10 Shares 28 Est. Cost $425.08 Unrealized -20.0%

LULU LULULEMON ATHLETICA INC 0.0%

Value ($000) $7 Shares 37 Est. Cost $330.87 Unrealized -45.2%

NOTV INOTIV INC 0.0%

Value ($000) $6 Shares 4,242 Est. Cost $1.78 Unrealized -41.4%

RKLB ROCKET LAB CORP 0.0%

Value ($000) $5 Shares 101 Est. Cost $45.36 Unrealized +26.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FISV	FISERV INC	21,288	$2,745	0.6%	$131.04	-36.0%	—	337738108
CMG	CHIPOTLE MEXICAN GRILL INC	57,920	$2,270	0.5%	$53.82	-32.8%	—	169656105
GBTC	GRAYSCALE BITCOIN TRUST ETF	208	$19	0.0%	$68.90	—	—	389637109
LRCX	LAM RESEARCH CORP	94	$13	0.0%	$74.98	+107.2%	—	512807306
MANH	MANHATTAN ASSOCIATES INC	56	$11	0.0%	$201.22	-9.2%	—	562750109
CB	CHUBB LIMITED	38	$11	0.0%	$273.21	+7.0%	—	H1467J104
NVO	NOVO-NORDISK A S	190	$11	0.0%	$55.49	—	—	670100205
META	META PLATFORMS INC	14	$10	0.0%	$743.23	-10.2%	—	30303M102
ADBE	ADOBE INC	28	$10	0.0%	$425.08	-20.0%	—	00724F101
LULU	LULULEMON ATHLETICA INC	37	$7	0.0%	$330.87	-45.2%	—	550021109
NOTV	INOTIV INC	4,242	$6	0.0%	$1.78	-41.4%	—	45783Q100
RKLB	ROCKET LAB CORP	101	$5	0.0%	$45.36	+26.4%	—	773121108

Decreased Positions (24)

OC OWENS CORNING NEW 0.0%

Value ($000) $8 (-99.7%) Shares 72 (-99.7%) Est. Cost $161.55 Unrealized -27.3%

MUSA MURPHY USA INC 0.0%

Value ($000) $9 (-99.6%) Shares 23 (-99.6%) Est. Cost $380.20 Unrealized +0.8%

LLY ELI LILLY & CO 1.2%

Value ($000) $5,441 (+37.8%) Shares 5,063 (-2.2%) Est. Cost $739.40 Unrealized +29.2%

DT DYNATRACE INC 0.4%

Value ($000) $1,897 (-38.8%) Shares 43,764 (-31.6%) Est. Cost $50.61 Unrealized -7.9%

GOOGL ALPHABET INC 1.2%

Value ($000) $5,705 (+24.3%) Shares 18,228 (-3.4%) Est. Cost $123.96 Unrealized +130.4%

SNPS SYNOPSYS INC 0.5%

Value ($000) $2,406 (-31.4%) Shares 5,122 (-28.0%) Est. Cost $522.87 Unrealized -15.0%

JEF JEFFERIES FINL GROUP INC 0.6%

Value ($000) $2,709 (-25.2%) Shares 43,719 (-21.0%) Est. Cost $60.63 Unrealized -6.5%

OKE ONEOK INC NEW 0.4%

Value ($000) $1,898 (-31.8%) Shares 25,820 (-32.3%) Est. Cost $86.69 Unrealized -18.7%

TXRH TEXAS ROADHOUSE INC 0.4%

Value ($000) $2,047 (-29.0%) Shares 12,330 (-29.0%) Est. Cost $174.46 Unrealized -3.3%

CPRT COPART INC 0.4%

Value ($000) $1,965 (-28.8%) Shares 50,184 (-18.3%) Est. Cost $44.12 Unrealized -6.0%

TDG TRANSDIGM GROUP INC 0.4%

Value ($000) $1,915 (-29.0%) Shares 1,440 (-29.6%) Est. Cost $1364.80 Unrealized -4.0%

CRM SALESFORCE INC 0.5%

Value ($000) $2,161 (-23.8%) Shares 8,158 (-31.9%) Est. Cost $275.09 Unrealized -9.8%

EXP EAGLE MATLS INC 0.6%

Value ($000) $2,933 (-12.6%) Shares 14,190 (-1.5%) Est. Cost $193.67 Unrealized +13.9%

FIX COMFORT SYS USA INC 1.4%

Value ($000) $6,540 (+5.6%) Shares 7,008 (-6.6%) Est. Cost $404.48 Unrealized +128.2%

MEDP MEDPACE HLDGS INC 1.1%

Value ($000) $5,051 (+6.9%) Shares 8,993 (-2.1%) Est. Cost $290.99 Unrealized +95.1%

FANG DIAMONDBACK ENERGY INC 0.6%

Value ($000) $2,761 (-7.8%) Shares 18,369 (-12.2%) Est. Cost $115.63 Unrealized +27.2%

VRT VERTIV HOLDINGS CO 1.2%

Value ($000) $5,324 (+3.1%) Shares 32,861 (-4.0%) Est. Cost $95.78 Unrealized +81.2%

TER TERADYNE INC 0.0%

Value ($000) $9 (-72.1%) Shares 45 (-80.2%) Est. Cost $109.09 Unrealized +57.2%

CDNS CADENCE DESIGN SYSTEM INC 0.0%

Value ($000) $3 (-77.7%) Shares 9 (-75.0%) Est. Cost $197.65 Unrealized +65.1%

QUBT QUANTUM COMPUTING INC 0.0%

Value ($000) $2 (-85.2%) Shares 162 (-73.5%) Est. Cost $12.41 Unrealized +14.6%

MU MICRON TECHNOLOGY INC 0.0%

Value ($000) $7 (-56.1%) Shares 26 (-74.3%) Est. Cost $115.89 Unrealized +97.9%

AMD ADVANCED MICRO DEVICES INC 0.0%

Value ($000) $5 (-65.8%) Shares 23 (-74.2%) Est. Cost $107.38 Unrealized +109.2%

GOOG ALPHABET INC 0.0%

Value ($000) $6 (-48.5%) Shares 20 (-60.0%) Est. Cost $209.93 Unrealized +36.4%

ISRG INTUITIVE SURGICAL INC 0.0%

Value ($000) $8 (-20.8%) Shares 15 (-37.5%) Est. Cost $418.68 Unrealized +27.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OC	OWENS CORNING NEW	72 (-99.7%)	$8 (-99.7%)	0.0%	$161.55	-27.3%	COM	690742101
MUSA	MURPHY USA INC	23 (-99.6%)	$9 (-99.6%)	0.0%	$380.20	+0.8%	COM	626755102
LLY	ELI LILLY & CO	5,063 (-2.2%)	$5,441 (+37.8%)	1.2%	$739.40	+29.2%	COM	532457108
DT	DYNATRACE INC	43,764 (-31.6%)	$1,897 (-38.8%)	0.4%	$50.61	-7.9%	COM NEW	268150109
GOOGL	ALPHABET INC	18,228 (-3.4%)	$5,705 (+24.3%)	1.2%	$123.96	+130.4%	CAP STK CL A	02079K305
SNPS	SYNOPSYS INC	5,122 (-28.0%)	$2,406 (-31.4%)	0.5%	$522.87	-15.0%	COM	871607107
JEF	JEFFERIES FINL GROUP INC	43,719 (-21.0%)	$2,709 (-25.2%)	0.6%	$60.63	-6.5%	COM	47233W109
OKE	ONEOK INC NEW	25,820 (-32.3%)	$1,898 (-31.8%)	0.4%	$86.69	-18.7%	COM	682680103
TXRH	TEXAS ROADHOUSE INC	12,330 (-29.0%)	$2,047 (-29.0%)	0.4%	$174.46	-3.3%	COM	882681109
CPRT	COPART INC	50,184 (-18.3%)	$1,965 (-28.8%)	0.4%	$44.12	-6.0%	COM	217204106
TDG	TRANSDIGM GROUP INC	1,440 (-29.6%)	$1,915 (-29.0%)	0.4%	$1364.80	-4.0%	COM	893641100
CRM	SALESFORCE INC	8,158 (-31.9%)	$2,161 (-23.8%)	0.5%	$275.09	-9.8%	COM	79466L302
EXP	EAGLE MATLS INC	14,190 (-1.5%)	$2,933 (-12.6%)	0.6%	$193.67	+13.9%	COM	26969P108
FIX	COMFORT SYS USA INC	7,008 (-6.6%)	$6,540 (+5.6%)	1.4%	$404.48	+128.2%	COM	199908104
MEDP	MEDPACE HLDGS INC	8,993 (-2.1%)	$5,051 (+6.9%)	1.1%	$290.99	+95.1%	COM	58506Q109
FANG	DIAMONDBACK ENERGY INC	18,369 (-12.2%)	$2,761 (-7.8%)	0.6%	$115.63	+27.2%	COM	25278X109
VRT	VERTIV HOLDINGS CO	32,861 (-4.0%)	$5,324 (+3.1%)	1.2%	$95.78	+81.2%	COM CL A	92537N108
TER	TERADYNE INC	45 (-80.2%)	$9 (-72.1%)	0.0%	$109.09	+57.2%	COM	880770102
CDNS	CADENCE DESIGN SYSTEM INC	9 (-75.0%)	$3 (-77.7%)	0.0%	$197.65	+65.1%	COM	127387108
QUBT	QUANTUM COMPUTING INC	162 (-73.5%)	$2 (-85.2%)	0.0%	$12.41	+14.6%	COM	74766W108
MU	MICRON TECHNOLOGY INC	26 (-74.3%)	$7 (-56.1%)	0.0%	$115.89	+97.9%	COM	595112103
AMD	ADVANCED MICRO DEVICES INC	23 (-74.2%)	$5 (-65.8%)	0.0%	$107.38	+109.2%	COM	007903107
GOOG	ALPHABET INC	20 (-60.0%)	$6 (-48.5%)	0.0%	$209.93	+36.4%	CAP STK CL C	02079K107
ISRG	INTUITIVE SURGICAL INC	15 (-37.5%)	$8 (-20.8%)	0.0%	$418.68	+27.2%	COM NEW	46120E602

Unchanged Positions (22)

SPHQ INVESCO EXCHANGE TRADED FD T 10.3%

Value ($000) $47,639 Shares 634,770 Est. Cost $60.06 Unrealized —

XMMO INVESCO EXCHANGE TRADED FD T 11.7%

Value ($000) $53,872 Shares 389,081 Est. Cost $118.25 Unrealized —

AMAT APPLIED MATLS INC 1.1%

Value ($000) $5,199 Shares 20,229 Est. Cost $176.60 Unrealized +35.6%

CAT CATERPILLAR INC 1.1%

Value ($000) $4,928 Shares 8,602 Est. Cost $339.90 Unrealized +63.4%

PH PARKER-HANNIFIN CORP 0.9%

Value ($000) $4,344 Shares 4,942 Est. Cost $340.60 Unrealized +140.1%

KLAC KLA CORP 1.1%

Value ($000) $4,861 Shares 4,000 Est. Cost $397.70 Unrealized +194.7%

VRTX VERTEX PHARMACEUTICALS INC 0.9%

Value ($000) $3,971 Shares 8,759 Est. Cost $326.86 Unrealized +31.9%

GS GOLDMAN SACHS GROUP INC 1.0%

Value ($000) $4,716 Shares 5,365 Est. Cost $590.22 Unrealized +37.8%

AAPL APPLE INC 0.9%

Value ($000) $4,215 Shares 15,503 Est. Cost $165.81 Unrealized +61.8%

AVGO BROADCOM INC 1.0%

Value ($000) $4,629 Shares 13,376 Est. Cost $150.50 Unrealized +137.2%

GTLS CHART INDS INC 0.9%

Value ($000) $4,100 Shares 19,882 Est. Cost $174.60 Unrealized +16.1%

ENSG ENSIGN GROUP INC 0.9%

Value ($000) $4,065 Shares 23,337 Est. Cost $108.45 Unrealized +65.6%

DIA SPDR DOW JONES INDL AVERAGE 0.1%

Value ($000) $414 Shares 862 Est. Cost $433.45 Unrealized —

NVDA NVIDIA CORPORATION 1.1%

Value ($000) $5,037 Shares 27,010 Est. Cost $98.43 Unrealized +89.1%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $440 Shares 645 Est. Cost $597.73 Unrealized —

UNP UNION PAC CORP 0.0%

Value ($000) $214 Shares 923 Est. Cost $223.15 Unrealized +1.9%

IJR ISHARES TR 0.1%

Value ($000) $287 Shares 2,384 Est. Cost $105.79 Unrealized —

NEAR ISHARES U S ETF TR 0.0%

Value ($000) $55 Shares 1,085 Est. Cost $50.32 Unrealized —

CCL CARNIVAL CORP 0.0%

Value ($000) $3 Shares 100 Est. Cost $14.52 Unrealized +92.1%

RIVN RIVIAN AUTOMOTIVE INC 0.0%

Value ($000) $0 Shares 6 Est. Cost $10.45 Unrealized +51.9%

FLY FIREFLY AEROSPACE INC 0.0%

Value ($000) $0 Shares 2 Est. Cost $44.96 Unrealized -48.5%

JOET VIRTUS ETF TR II 0.0%

Value ($000) $0 Shares 8 Est. Cost $34.38 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPHQ	INVESCO EXCHANGE TRADED FD T	634,770	$47,639	10.3%	$60.06	—	S&P500 QUALITY	46137V241
XMMO	INVESCO EXCHANGE TRADED FD T	389,081	$53,872	11.7%	$118.25	—	S&P MDCP MOMNTUM	46137V464
AMAT	APPLIED MATLS INC	20,229	$5,199	1.1%	$176.60	+35.6%	COM	038222105
CAT	CATERPILLAR INC	8,602	$4,928	1.1%	$339.90	+63.4%	COM	149123101
PH	PARKER-HANNIFIN CORP	4,942	$4,344	0.9%	$340.60	+140.1%	COM	701094104
KLAC	KLA CORP	4,000	$4,861	1.1%	$397.70	+194.7%	COM NEW	482480100
VRTX	VERTEX PHARMACEUTICALS INC	8,759	$3,971	0.9%	$326.86	+31.9%	COM	92532F100
GS	GOLDMAN SACHS GROUP INC	5,365	$4,716	1.0%	$590.22	+37.8%	COM	38141G104
AAPL	APPLE INC	15,503	$4,215	0.9%	$165.81	+61.8%	COM	037833100
AVGO	BROADCOM INC	13,376	$4,629	1.0%	$150.50	+137.2%	COM	11135F101
GTLS	CHART INDS INC	19,882	$4,100	0.9%	$174.60	+16.1%	COM	16115Q308
ENSG	ENSIGN GROUP INC	23,337	$4,065	0.9%	$108.45	+65.6%	COM	29358P101
DIA	SPDR DOW JONES INDL AVERAGE	862	$414	0.1%	$433.45	—	UT SER 1	78467X109
NVDA	NVIDIA CORPORATION	27,010	$5,037	1.1%	$98.43	+89.1%	COM	67066G104
SPY	SPDR S&P 500 ETF TR	645	$440	0.1%	$597.73	—	TR UNIT	78462F103
UNP	UNION PAC CORP	923	$214	0.0%	$223.15	+1.9%	COM	907818108
IJR	ISHARES TR	2,384	$287	0.1%	$105.79	—	CORE S&P SCP ETF	464287804
NEAR	ISHARES U S ETF TR	1,085	$55	0.0%	$50.32	—	SHORT DURATION B	46431W507
CCL	CARNIVAL CORP	100	$3	0.0%	$14.52	+92.1%	UNIT 99/99/9999	143658300
RIVN	RIVIAN AUTOMOTIVE INC	6	$0	0.0%	$10.45	+51.9%	COM CL A	76954A103
FLY	FIREFLY AEROSPACE INC	2	$0	0.0%	$44.96	-48.5%	COM	31816X106
JOET	VIRTUS ETF TR II	8	$0	0.0%	$34.38	—	VIRTUS US QLTY	92790A504