STABLEFORD CAPITAL II LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CELH	CELSIUS HLDGS INC	66,593	$3,046	1.1%	$50.38	0.0%	COM NEW	15118V207
DKNG	DRAFTKINGS INC NEW	71,849	$2,476	0.9%	$32.89	0.0%	COM CL A	26142V105
B	BARRICK MNG CORP	46,154	$2,010	0.7%	$37.42	0.0%	COM SHS	06849F108
VONV	VANGUARD SCOTTSDALE FDS	20,193	$1,864	0.7%	$92.30	—	VNG RUS1000VAL	92206C714
MU	MICRON TECHNOLOGY INC	5,257	$1,500	0.5%	$229.35	0.0%	COM	595112103
BK	BANK NEW YORK MELLON CORP	10,907	$1,266	0.5%	$110.50	0.0%	COM	064058100
JMBS	JANUS DETROIT STR TR	27,459	$1,255	0.5%	$45.69	—	HENDERSON MTG	47103U852
BIIB	BIOGEN INC	6,914	$1,217	0.4%	$163.37	0.0%	COM	09062X103
—	ATAI BECKLEY NV	291,558	$1,192	0.4%	$4.09	—	SHS	N0731H103
NET	CLOUDFLARE INC	5,377	$1,060	0.4%	$211.53	0.0%	CL A COM	18915M107
GBDC	GOLUB CAP BDC INC	69,816	$947	0.3%	$13.54	0.0%	COM	38173M102
RSP	INVESCO EXCHANGE TRADED FD T	4,936	$946	0.3%	$191.56	—	S&P500 EQL WGT	46137V357
OC	OWENS CORNING NEW	7,598	$850	0.3%	$117.36	0.0%	COM	690742101
SNOW	SNOWFLAKE INC	3,814	$837	0.3%	$244.09	0.0%	COM SHS	833445109
PANW	PALO ALTO NETWORKS INC	4,531	$835	0.3%	$201.75	0.0%	COM	697435105
DHR	DANAHER CORPORATION	3,413	$781	0.3%	$219.54	0.0%	COM	235851102
RACE	FERRARI N V	1,828	$676	0.2%	$400.15	0.0%	COM	N3167Y103
IWB	ISHARES TR	1,239	$463	0.2%	$373.44	—	RUS 1000 ETF	464287622
PFXF	VANECK ETF TRUST	13,797	$244	0.1%	$17.66	—	PREFERRED SECURT	92189F429
XLF	SELECT SECTOR SPDR TR	3,935	$216	0.1%	$54.77	—	STATE STREET FIN	81369Y605
MPLX	MPLX LP	3,920	$209	0.1%	$53.37	—	COM UNIT REP LTD	55336V100

Increased Positions (26)

NVDA NVIDIA CORPORATION 2.8%

Value ($000) $7,633 (+145.4%) Shares 40,927 (+145.5%) Est. Cost $161.77 Unrealized +15.1%

AAPL APPLE INC 3.2%

Value ($000) $8,728 (+78.3%) Shares 32,106 (+67.0%) Est. Cost $204.19 Unrealized +31.4%

FCX FREEPORT-MCMORAN INC 1.2%

Value ($000) $3,347 (+186.6%) Shares 65,900 (+121.3%) Est. Cost $40.68 Unrealized +6.5%

FLUT FLUTTER ENTMT PLC 0.9%

Value ($000) $2,397 (+215.4%) Shares 11,149 (+272.5%) Est. Cost $216.18 Unrealized +4.0%

GOVT ISHARES TR 0.8%

Value ($000) $2,211 (+238.2%) Shares 96,024 (+239.6%) Est. Cost $22.91 Unrealized —

PERI PERION NETWORK LTD 0.7%

Value ($000) $2,069 (+172.9%) Shares 215,960 (+173.5%) Est. Cost $9.73 Unrealized -0.2%

ARCC ARES CAPITAL CORP 1.1%

Value ($000) $2,946 (+74.2%) Shares 145,641 (+75.7%) Est. Cost $17.67 Unrealized +12.0%

AVGO BROADCOM INC 0.7%

Value ($000) $1,927 (+62.8%) Shares 5,568 (+55.2%) Est. Cost $210.42 Unrealized +69.7%

IWD ISHARES TR 0.7%

Value ($000) $1,932 (+56.9%) Shares 9,186 (+51.9%) Est. Cost $177.46 Unrealized —

CAT CATERPILLAR INC 0.6%

Value ($000) $1,611 (+59.8%) Shares 2,813 (+33.1%) Est. Cost $377.15 Unrealized +47.3%

GE GE AEROSPACE 0.8%

Value ($000) $2,153 (+35.8%) Shares 6,990 (+32.7%) Est. Cost $179.50 Unrealized +67.6%

C CITIGROUP INC 0.7%

Value ($000) $1,958 (+36.2%) Shares 16,777 (+18.5%) Est. Cost $77.79 Unrealized +33.2%

HUBB HUBBELL INC 0.7%

Value ($000) $1,853 (+38.8%) Shares 4,173 (+34.5%) Est. Cost $385.46 Unrealized +13.4%

JPM JPMORGAN CHASE & CO. 1.1%

Value ($000) $3,046 (+18.7%) Shares 9,452 (+16.2%) Est. Cost $154.76 Unrealized +100.0%

SCHW SCHWAB CHARLES CORP 1.4%

Value ($000) $3,810 (+14.4%) Shares 38,137 (+9.3%) Est. Cost $64.53 Unrealized +46.8%

COF CAPITAL ONE FINL CORP 0.4%

Value ($000) $1,073 (+76.6%) Shares 4,427 (+54.9%) Est. Cost $219.36 Unrealized +1.3%

UNH UNITEDHEALTH GROUP INC 0.5%

Value ($000) $1,280 (+23.9%) Shares 3,879 (+29.6%) Est. Cost $444.07 Unrealized -24.1%

NFLX NETFLIX INC 0.3%

Value ($000) $750 (-24.0%) Shares 8,001 (+872.2%) Est. Cost $101.81 Unrealized +5.9%

ETN EATON CORP PLC 0.6%

Value ($000) $1,564 (+15.5%) Shares 4,910 (+35.7%) Est. Cost $319.26 Unrealized +11.0%

XLU SELECT SECTOR SPDR TR 0.8%

Value ($000) $2,264 (-6.8%) Shares 53,035 (+90.5%) Est. Cost $53.72 Unrealized —

SRLN SSGA ACTIVE ETF TR 0.2%

Value ($000) $486 (+44.3%) Shares 11,786 (+45.3%) Est. Cost $41.62 Unrealized —

XLV SELECT SECTOR SPDR TR 0.1%

Value ($000) $273 (+31.4%) Shares 1,762 (+18.2%) Est. Cost $141.57 Unrealized —

XLK SELECT SECTOR SPDR TR 0.1%

Value ($000) $333 (+21.2%) Shares 2,315 (+137.2%) Est. Cost $164.80 Unrealized —

DUK DUKE ENERGY CORP NEW 0.4%

Value ($000) $1,087 (-4.1%) Shares 9,278 (+1.3%) Est. Cost $86.24 Unrealized +41.0%

TEAM ATLASSIAN CORPORATION 0.3%

Value ($000) $712 (+5.8%) Shares 4,391 (+4.2%) Est. Cost $206.17 Unrealized -23.9%

SO SOUTHERN CO 0.4%

Value ($000) $1,067 (-3.2%) Shares 12,239 (+5.2%) Est. Cost $66.77 Unrealized +36.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NVDA	NVIDIA CORPORATION	40,927 (+145.5%)	$7,633 (+145.4%)	2.8%	$161.77	+15.1%	COM	67066G104
AAPL	APPLE INC	32,106 (+67.0%)	$8,728 (+78.3%)	3.2%	$204.19	+31.4%	COM	037833100
FCX	FREEPORT-MCMORAN INC	65,900 (+121.3%)	$3,347 (+186.6%)	1.2%	$40.68	+6.5%	CL B	35671D857
FLUT	FLUTTER ENTMT PLC	11,149 (+272.5%)	$2,397 (+215.4%)	0.9%	$216.18	+4.0%	SHS	G3643J108
GOVT	ISHARES TR	96,024 (+239.6%)	$2,211 (+238.2%)	0.8%	$22.91	—	US TREAS BD ETF	46429B267
PERI	PERION NETWORK LTD	215,960 (+173.5%)	$2,069 (+172.9%)	0.7%	$9.73	-0.2%	SHS NEW	M78673114
ARCC	ARES CAPITAL CORP	145,641 (+75.7%)	$2,946 (+74.2%)	1.1%	$17.67	+12.0%	COM	04010L103
AVGO	BROADCOM INC	5,568 (+55.2%)	$1,927 (+62.8%)	0.7%	$210.42	+69.7%	COM	11135F101
IWD	ISHARES TR	9,186 (+51.9%)	$1,932 (+56.9%)	0.7%	$177.46	—	RUS 1000 VAL ETF	464287598
CAT	CATERPILLAR INC	2,813 (+33.1%)	$1,611 (+59.8%)	0.6%	$377.15	+47.3%	COM	149123101
GE	GE AEROSPACE	6,990 (+32.7%)	$2,153 (+35.8%)	0.8%	$179.50	+67.6%	COM NEW	369604301
C	CITIGROUP INC	16,777 (+18.5%)	$1,958 (+36.2%)	0.7%	$77.79	+33.2%	COM NEW	172967424
HUBB	HUBBELL INC	4,173 (+34.5%)	$1,853 (+38.8%)	0.7%	$385.46	+13.4%	COM	443510607
JPM	JPMORGAN CHASE & CO.	9,452 (+16.2%)	$3,046 (+18.7%)	1.1%	$154.76	+100.0%	COM	46625H100
SCHW	SCHWAB CHARLES CORP	38,137 (+9.3%)	$3,810 (+14.4%)	1.4%	$64.53	+46.8%	COM	808513105
COF	CAPITAL ONE FINL CORP	4,427 (+54.9%)	$1,073 (+76.6%)	0.4%	$219.36	+1.3%	COM	14040H105
UNH	UNITEDHEALTH GROUP INC	3,879 (+29.6%)	$1,280 (+23.9%)	0.5%	$444.07	-24.1%	COM	91324P102
NFLX	NETFLIX INC	8,001 (+872.2%)	$750 (-24.0%)	0.3%	$101.81	+5.9%	COM	64110L106
ETN	EATON CORP PLC	4,910 (+35.7%)	$1,564 (+15.5%)	0.6%	$319.26	+11.0%	SHS	G29183103
XLU	SELECT SECTOR SPDR TR	53,035 (+90.5%)	$2,264 (-6.8%)	0.8%	$53.72	—	STATE STREET UTI	81369Y886
SRLN	SSGA ACTIVE ETF TR	11,786 (+45.3%)	$486 (+44.3%)	0.2%	$41.62	—	STATE STREET BLA	78467V608
XLV	SELECT SECTOR SPDR TR	1,762 (+18.2%)	$273 (+31.4%)	0.1%	$141.57	—	STATE STREET HEA	81369Y209
XLK	SELECT SECTOR SPDR TR	2,315 (+137.2%)	$333 (+21.2%)	0.1%	$164.80	—	STATE STREET TEC	81369Y803
DUK	DUKE ENERGY CORP NEW	9,278 (+1.3%)	$1,087 (-4.1%)	0.4%	$86.24	+41.0%	COM NEW	26441C204
TEAM	ATLASSIAN CORPORATION	4,391 (+4.2%)	$712 (+5.8%)	0.3%	$206.17	-23.9%	CL A	049468101
SO	SOUTHERN CO	12,239 (+5.2%)	$1,067 (-3.2%)	0.4%	$66.77	+36.1%	COM	842587107

Exited Positions (14)

VTWO VANGUARD SCOTTSDALE FDS 0.8%

Value ($000) $2,168 Shares 22,164 Est. Cost $97.82 Unrealized —

KRE SPDR SERIES TRUST 0.7%

Value ($000) $2,064 Shares 32,610 Est. Cost $63.30 Unrealized —

MAA MID-AMER APT CMNTYS INC 0.6%

Value ($000) $1,674 Shares 11,982 Est. Cost $142.65 Unrealized -6.8%

ESS ESSEX PPTY TR INC 0.6%

Value ($000) $1,636 Shares 6,112 Est. Cost $265.10 Unrealized -3.3%

STZ CONSTELLATION BRANDS INC 0.6%

Value ($000) $1,625 Shares 12,063 Est. Cost $202.27 Unrealized -32.3%

AVB AVALONBAY CMNTYS INC 0.6%

Value ($000) $1,623 Shares 8,400 Est. Cost $191.17 Unrealized -6.0%

CRM SALESFORCE INC 0.3%

Value ($000) $957 Shares 4,040 Est. Cost $266.04 Unrealized -6.7%

VCLT VANGUARD SCOTTSDALE FDS 0.3%

Value ($000) $926 Shares 11,924 Est. Cost $76.39 Unrealized —

ACN ACCENTURE PLC IRELAND 0.3%

Value ($000) $745 Shares 3,022 Est. Cost $302.88 Unrealized -16.1%

ODFL OLD DOMINION FREIGHT LINE IN 0.3%

Value ($000) $720 Shares 5,113 Est. Cost $152.59 Unrealized -6.2%

OKTA OKTA INC 0.2%

Value ($000) $515 Shares 5,619 Est. Cost $106.80 Unrealized -18.3%

TLT ISHARES TR 0.1%

Value ($000) $403 Shares 4,511 Est. Cost $89.37 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $308 Shares 513 Est. Cost $566.37 Unrealized —

PSQ PROSHARES TR 0.1%

Value ($000) $248 Shares 8,000 Est. Cost $37.40 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VTWO	VANGUARD SCOTTSDALE FDS	22,164	$2,168	0.8%	$97.82	—	—	92206C664
KRE	SPDR SERIES TRUST	32,610	$2,064	0.7%	$63.30	—	—	78464A698
MAA	MID-AMER APT CMNTYS INC	11,982	$1,674	0.6%	$142.65	-6.8%	—	59522J103
ESS	ESSEX PPTY TR INC	6,112	$1,636	0.6%	$265.10	-3.3%	—	297178105
STZ	CONSTELLATION BRANDS INC	12,063	$1,625	0.6%	$202.27	-32.3%	—	21036P108
AVB	AVALONBAY CMNTYS INC	8,400	$1,623	0.6%	$191.17	-6.0%	—	053484101
CRM	SALESFORCE INC	4,040	$957	0.3%	$266.04	-6.7%	—	79466L302
VCLT	VANGUARD SCOTTSDALE FDS	11,924	$926	0.3%	$76.39	—	—	92206C813
ACN	ACCENTURE PLC IRELAND	3,022	$745	0.3%	$302.88	-16.1%	—	G1151C101
ODFL	OLD DOMINION FREIGHT LINE IN	5,113	$720	0.3%	$152.59	-6.2%	—	679580100
OKTA	OKTA INC	5,619	$515	0.2%	$106.80	-18.3%	—	679295105
TLT	ISHARES TR	4,511	$403	0.1%	$89.37	—	—	464287432
QQQ	INVESCO QQQ TR	513	$308	0.1%	$566.37	—	—	46090E103
PSQ	PROSHARES TR	8,000	$248	0.1%	$37.40	—	—	74349Y837

Decreased Positions (87)

VXX BARCLAYS BANK PLC 0.1%

Value ($000) $209 (-98.6%) Shares 7,885 (-98.3%) Est. Cost $34.55 Unrealized —

SHV ISHARES TR 1.6%

Value ($000) $4,342 (-49.9%) Shares 39,416 (-49.7%) Est. Cost $110.14 Unrealized —

BIL SPDR SERIES TRUST 1.4%

Value ($000) $3,865 (-48.6%) Shares 42,291 (-48.4%) Est. Cost $91.58 Unrealized —

GOOGL ALPHABET INC 6.4%

Value ($000) $17,730 (+24.6%) Shares 56,645 (-3.3%) Est. Cost $122.68 Unrealized +132.8%

SGOV ISHARES TR 1.2%

Value ($000) $3,290 (-44.4%) Shares 32,771 (-44.2%) Est. Cost $100.63 Unrealized —

LLY ELI LILLY & CO 2.9%

Value ($000) $8,006 (+39.2%) Shares 7,450 (-1.2%) Est. Cost $460.55 Unrealized +107.5%

IEF ISHARES TR 2.9%

Value ($000) $7,996 (-19.0%) Shares 83,156 (-18.8%) Est. Cost $94.91 Unrealized —

HD HOME DEPOT INC 0.4%

Value ($000) $1,018 (-61.4%) Shares 2,959 (-54.5%) Est. Cost $348.48 Unrealized +4.6%

LOW LOWES COS INC 0.4%

Value ($000) $1,033 (-61.0%) Shares 4,282 (-59.4%) Est. Cost $231.92 Unrealized +3.4%

MSFT MICROSOFT CORP 4.0%

Value ($000) $11,038 (-8.5%) Shares 22,824 (-2.0%) Est. Cost $342.94 Unrealized +46.0%

VZ VERIZON COMMUNICATIONS INC 0.1%

Value ($000) $236 (-81.1%) Shares 5,786 (-79.7%) Est. Cost $38.04 Unrealized +6.4%

META META PLATFORMS INC 2.3%

Value ($000) $6,441 (-11.9%) Shares 9,758 (-2.0%) Est. Cost $302.04 Unrealized +120.9%

SIVR ABRDN SILVER ETF TRUST 1.3%

Value ($000) $3,683 (+27.0%) Shares 54,453 (-16.5%) Est. Cost $30.98 Unrealized —

SJB PROSHARES TR 1.4%

Value ($000) $3,981 (-15.8%) Shares 260,865 (-15.2%) Est. Cost $16.30 Unrealized —

MELI MERCADOLIBRE INC 1.4%

Value ($000) $3,839 (-16.1%) Shares 1,906 (-2.6%) Est. Cost $1557.20 Unrealized +34.9%

ESTA ESTABLISHMENT LABS HLDGS INC 0.6%

Value ($000) $1,678 (+66.4%) Shares 23,024 (-6.4%) Est. Cost $42.98 Unrealized +40.5%

IAU ISHARES GOLD TR 2.8%

Value ($000) $7,656 (+8.0%) Shares 94,317 (-3.1%) Est. Cost $41.64 Unrealized —

ORCL ORACLE CORP 0.3%

Value ($000) $845 (-32.6%) Shares 4,336 (-2.8%) Est. Cost $114.27 Unrealized +108.3%

VGIT VANGUARD SCOTTSDALE FDS 1.8%

Value ($000) $4,854 (-7.1%) Shares 80,998 (-7.0%) Est. Cost $58.32 Unrealized —

SCHR SCHWAB STRATEGIC TR 1.9%

Value ($000) $5,290 (-6.0%) Shares 210,923 (-5.8%) Est. Cost $24.88 Unrealized —

TMUS T-MOBILE US INC 0.5%

Value ($000) $1,429 (-16.8%) Shares 7,039 (-1.9%) Est. Cost $141.76 Unrealized +49.1%

CRWD CROWDSTRIKE HLDGS INC 0.9%

Value ($000) $2,596 (-9.3%) Shares 5,538 (-5.2%) Est. Cost $284.07 Unrealized +79.3%

SHW SHERWIN WILLIAMS CO 0.9%

Value ($000) $2,393 (-9.4%) Shares 7,386 (-3.1%) Est. Cost $271.62 Unrealized +23.0%

NEM NEWMONT CORP 0.7%

Value ($000) $1,833 (+15.0%) Shares 18,357 (-2.9%) Est. Cost $53.51 Unrealized +68.6%

AMZN AMAZON COM INC 3.6%

Value ($000) $9,962 (+2.4%) Shares 43,159 (-2.6%) Est. Cost $118.23 Unrealized +93.5%

LIN LINDE PLC 0.6%

Value ($000) $1,589 (-11.4%) Shares 3,726 (-1.2%) Est. Cost $408.13 Unrealized +4.7%

ENB ENBRIDGE INC 0.6%

Value ($000) $1,712 (-10.5%) Shares 35,792 (-5.6%) Est. Cost $30.65 Unrealized +53.7%

REG REGENCY CTRS CORP 0.7%

Value ($000) $1,884 (-9.2%) Shares 27,293 (-4.2%) Est. Cost $58.85 Unrealized +18.1%

TMO THERMO FISHER SCIENTIFIC INC 0.6%

Value ($000) $1,533 (+14.2%) Shares 2,645 (-4.4%) Est. Cost $442.82 Unrealized +27.6%

UBER UBER TECHNOLOGIES INC 0.3%

Value ($000) $827 (-18.6%) Shares 10,124 (-2.5%) Est. Cost $82.46 Unrealized +9.2%

ISRG INTUITIVE SURGICAL INC 0.4%

Value ($000) $1,026 (+22.6%) Shares 1,812 (-3.2%) Est. Cost $522.87 Unrealized +1.8%

VST VISTRA CORP 0.3%

Value ($000) $749 (-20.0%) Shares 4,641 (-2.8%) Est. Cost $149.74 Unrealized +21.5%

T AT&T INC 0.4%

Value ($000) $1,168 (-13.7%) Shares 47,008 (-1.8%) Est. Cost $14.84 Unrealized +70.4%

AMLP ALPS ETF TR 0.1%

Value ($000) $257 (-40.9%) Shares 5,476 (-41.0%) Est. Cost $47.73 Unrealized —

VCIT VANGUARD SCOTTSDALE FDS 0.2%

Value ($000) $423 (-28.2%) Shares 5,052 (-27.9%) Est. Cost $84.11 Unrealized —

IEI ISHARES TR 0.1%

Value ($000) $206 (-44.6%) Shares 1,722 (-44.5%) Est. Cost $119.51 Unrealized —

CMPS COMPASS PATHWAYS PLC 0.4%

Value ($000) $1,108 (+17.5%) Shares 160,625 (-2.5%) Est. Cost $4.33 Unrealized —

WFC WELLS FARGO CO NEW 1.2%

Value ($000) $3,210 (+4.6%) Shares 34,438 (-5.9%) Est. Cost $37.68 Unrealized +129.9%

ABT ABBOTT LABS 0.6%

Value ($000) $1,612 (-7.6%) Shares 12,868 (-1.3%) Est. Cost $102.82 Unrealized +23.8%

PLD PROLOGIS INC. 0.9%

Value ($000) $2,547 (+5.4%) Shares 19,950 (-5.4%) Est. Cost $110.72 Unrealized +11.9%

LNG CHENIERE ENERGY INC 0.2%

Value ($000) $525 (-19.9%) Shares 2,700 (-3.2%) Est. Cost $225.16 Unrealized -6.7%

JNJ JOHNSON & JOHNSON 0.6%

Value ($000) $1,702 (+8.2%) Shares 8,225 (-3.1%) Est. Cost $148.56 Unrealized +32.6%

EOG EOG RES INC 0.4%

Value ($000) $986 (-9.9%) Shares 9,386 (-3.8%) Est. Cost $106.39 Unrealized +0.8%

WMB WILLIAMS COS INC 0.5%

Value ($000) $1,507 (-6.5%) Shares 25,072 (-1.5%) Est. Cost $43.37 Unrealized +38.5%

COST COSTCO WHSL CORP NEW 0.4%

Value ($000) $1,027 (-9.1%) Shares 1,191 (-2.4%) Est. Cost $495.61 Unrealized +82.8%

ASML ASML HOLDING N V 0.6%

Value ($000) $1,584 (+6.8%) Shares 1,481 (-3.3%) Est. Cost $711.25 Unrealized —

XOM EXXON MOBIL CORP 1.5%

Value ($000) $4,118 (+2.5%) Shares 34,216 (-4.0%) Est. Cost $96.08 Unrealized +20.2%

FRT FEDERAL RLTY INVT TR NEW 0.6%

Value ($000) $1,793 (-4.9%) Shares 17,786 (-4.4%) Est. Cost $89.34 Unrealized +9.0%

PG PROCTER AND GAMBLE CO 0.3%

Value ($000) $885 (-9.3%) Shares 6,178 (-2.8%) Est. Cost $131.92 Unrealized +11.6%

TRP TC ENERGY CORP 0.5%

Value ($000) $1,500 (-5.0%) Shares 27,262 (-6.1%) Est. Cost $33.03 Unrealized +61.5%

APD AIR PRODS & CHEMS INC 0.2%

Value ($000) $522 (-12.1%) Shares 2,112 (-2.9%) Est. Cost $260.12 Unrealized -3.3%

ECL ECOLAB INC 0.3%

Value ($000) $922 (-7.2%) Shares 3,512 (-3.2%) Est. Cost $167.93 Unrealized +58.2%

MA MASTERCARD INCORPORATED 1.0%

Value ($000) $2,655 (-2.4%) Shares 4,650 (-2.8%) Est. Cost $372.69 Unrealized +50.0%

RTX RTX CORPORATION 0.4%

Value ($000) $1,058 (+6.3%) Shares 5,769 (-3.0%) Est. Cost $89.43 Unrealized +93.8%

BSX BOSTON SCIENTIFIC CORP 0.3%

Value ($000) $834 (-6.9%) Shares 8,743 (-4.6%) Est. Cost $88.03 Unrealized +11.4%

PFF ISHARES TR 0.1%

Value ($000) $306 (-16.7%) Shares 9,877 (-14.9%) Est. Cost $30.74 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.4%

Value ($000) $1,095 (+5.9%) Shares 48,992 (-4.3%) Est. Cost $20.03 Unrealized —

AGNC AGNC INVT CORP 0.4%

Value ($000) $1,147 (+5.2%) Shares 106,992 (-3.9%) Est. Cost $9.87 Unrealized —

COP CONOCOPHILLIPS 0.3%

Value ($000) $966 (-5.4%) Shares 10,322 (-4.4%) Est. Cost $64.62 Unrealized +39.3%

USB US BANCORP DEL 0.5%

Value ($000) $1,273 (+4.3%) Shares 23,862 (-5.5%) Est. Cost $28.41 Unrealized +71.5%

CVX CHEVRON CORP NEW 0.4%

Value ($000) $1,104 (-4.4%) Shares 7,244 (-2.6%) Est. Cost $141.56 Unrealized +7.0%

WMT WALMART INC 0.4%

Value ($000) $1,063 (+4.8%) Shares 9,545 (-3.1%) Est. Cost $53.53 Unrealized +100.3%

CEG CONSTELLATION ENERGY CORP 0.4%

Value ($000) $1,138 (+4.4%) Shares 3,220 (-2.7%) Est. Cost $99.09 Unrealized +266.5%

ABBV ABBVIE INC 0.3%

Value ($000) $951 (-4.3%) Shares 4,164 (-3.0%) Est. Cost $140.26 Unrealized +62.2%

MDT MEDTRONIC PLC 0.4%

Value ($000) $978 (-4.2%) Shares 10,181 (-5.0%) Est. Cost $79.20 Unrealized +22.6%

VHT VANGUARD WORLD FD 0.2%

Value ($000) $514 (+8.8%) Shares 1,787 (-1.9%) Est. Cost $247.56 Unrealized —

MCO MOODYS CORP 0.4%

Value ($000) $1,056 (+3.9%) Shares 2,067 (-3.0%) Est. Cost $461.00 Unrealized +5.7%

PM PHILIP MORRIS INTL INC 0.4%

Value ($000) $1,242 (-3.1%) Shares 7,744 (-2.0%) Est. Cost $127.34 Unrealized +20.6%

BAC BANK AMERICA CORP 0.4%

Value ($000) $1,073 (+3.7%) Shares 19,513 (-2.7%) Est. Cost $26.94 Unrealized +95.5%

GEV GE VERNOVA INC 0.4%

Value ($000) $1,037 (+3.7%) Shares 1,587 (-2.4%) Est. Cost $293.21 Unrealized +107.7%

TJX TJX COS INC NEW 0.4%

Value ($000) $1,079 (+3.0%) Shares 7,027 (-3.1%) Est. Cost $120.10 Unrealized +23.0%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.3%

Value ($000) $953 (-2.7%) Shares 1,896 (-2.7%) Est. Cost $269.30 Unrealized +84.7%

BA BOEING CO 0.4%

Value ($000) $1,002 (-2.5%) Shares 4,613 (-3.0%) Est. Cost $191.43 Unrealized +7.4%

SCHH SCHWAB STRATEGIC TR 0.2%

Value ($000) $449 (-5.1%) Shares 21,510 (-2.0%) Est. Cost $21.45 Unrealized —

NEE NEXTERA ENERGY INC 0.4%

Value ($000) $1,010 (+2.4%) Shares 12,583 (-3.7%) Est. Cost $68.79 Unrealized +19.9%

FUTY FIDELITY COVINGTON TRUST 0.2%

Value ($000) $489 (-4.6%) Shares 8,861 (-2.4%) Est. Cost $41.62 Unrealized —

MCD MCDONALDS CORP 0.3%

Value ($000) $951 (-2.2%) Shares 3,112 (-2.7%) Est. Cost $273.03 Unrealized +11.7%

MSCI MSCI INC 0.4%

Value ($000) $991 (-2.1%) Shares 1,728 (-3.1%) Est. Cost $549.12 Unrealized +2.0%

KO COCA COLA CO 0.4%

Value ($000) $1,007 (+2.0%) Shares 14,398 (-3.2%) Est. Cost $58.26 Unrealized +19.1%

TDG TRANSDIGM GROUP INC 0.3%

Value ($000) $815 (-1.8%) Shares 613 (-2.7%) Est. Cost $1364.80 Unrealized -4.0%

— EATON VANCE TAX-MANAGED BUY- 0.2%

Value ($000) $533 (-2.4%) Shares 37,137 (-3.2%) Est. Cost $13.17 Unrealized —

V VISA INC 1.2%

Value ($000) $3,245 (-0.4%) Shares 9,252 (-3.0%) Est. Cost $227.90 Unrealized +49.4%

QXO QXO INC 0.4%

Value ($000) $980 (-1.1%) Shares 50,816 (-2.3%) Est. Cost $16.42 Unrealized +16.7%

PNC PNC FINL SVCS GROUP INC 0.2%

Value ($000) $686 (+1.4%) Shares 3,285 (-2.3%) Est. Cost $165.97 Unrealized +16.2%

PAGP PLAINS GP HLDGS L P 0.2%

Value ($000) $645 (+1.5%) Shares 33,692 (-3.3%) Est. Cost $18.93 Unrealized —

CBRE CBRE GROUP INC 0.2%

Value ($000) $623 (-1.1%) Shares 3,877 (-3.1%) Est. Cost $126.46 Unrealized +24.3%

WELL WELLTOWER INC 0.4%

Value ($000) $1,001 (-0.5%) Shares 5,394 (-4.5%) Est. Cost $140.30 Unrealized +32.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VXX	BARCLAYS BANK PLC	7,885 (-98.3%)	$209 (-98.6%)	0.1%	$34.55	—	IPATH S&P 500 SH	06748M196
SHV	ISHARES TR	39,416 (-49.7%)	$4,342 (-49.9%)	1.6%	$110.14	—	TRUST ISHARE 0-1	464288679
BIL	SPDR SERIES TRUST	42,291 (-48.4%)	$3,865 (-48.6%)	1.4%	$91.58	—	STATE STREET SPD	78468R663
GOOGL	ALPHABET INC	56,645 (-3.3%)	$17,730 (+24.6%)	6.4%	$122.68	+132.8%	CAP STK CL A	02079K305
SGOV	ISHARES TR	32,771 (-44.2%)	$3,290 (-44.4%)	1.2%	$100.63	—	0-3 MNTH TREASRY	46436E718
LLY	ELI LILLY & CO	7,450 (-1.2%)	$8,006 (+39.2%)	2.9%	$460.55	+107.5%	COM	532457108
IEF	ISHARES TR	83,156 (-18.8%)	$7,996 (-19.0%)	2.9%	$94.91	—	7-10 YR TRSY BD	464287440
HD	HOME DEPOT INC	2,959 (-54.5%)	$1,018 (-61.4%)	0.4%	$348.48	+4.6%	COM	437076102
LOW	LOWES COS INC	4,282 (-59.4%)	$1,033 (-61.0%)	0.4%	$231.92	+3.4%	COM	548661107
MSFT	MICROSOFT CORP	22,824 (-2.0%)	$11,038 (-8.5%)	4.0%	$342.94	+46.0%	COM	594918104
VZ	VERIZON COMMUNICATIONS INC	5,786 (-79.7%)	$236 (-81.1%)	0.1%	$38.04	+6.4%	COM	92343V104
META	META PLATFORMS INC	9,758 (-2.0%)	$6,441 (-11.9%)	2.3%	$302.04	+120.9%	CL A	30303M102
SIVR	ABRDN SILVER ETF TRUST	54,453 (-16.5%)	$3,683 (+27.0%)	1.3%	$30.98	—	PHYSCL SILVR SHS	003264108
SJB	PROSHARES TR	260,865 (-15.2%)	$3,981 (-15.8%)	1.4%	$16.30	—	SHRT HGH YIELD	74347R131
MELI	MERCADOLIBRE INC	1,906 (-2.6%)	$3,839 (-16.1%)	1.4%	$1557.20	+34.9%	COM	58733R102
ESTA	ESTABLISHMENT LABS HLDGS INC	23,024 (-6.4%)	$1,678 (+66.4%)	0.6%	$42.98	+40.5%	COM	G31249108
IAU	ISHARES GOLD TR	94,317 (-3.1%)	$7,656 (+8.0%)	2.8%	$41.64	—	ISHARES NEW	464285204
ORCL	ORACLE CORP	4,336 (-2.8%)	$845 (-32.6%)	0.3%	$114.27	+108.3%	COM	68389X105
VGIT	VANGUARD SCOTTSDALE FDS	80,998 (-7.0%)	$4,854 (-7.1%)	1.8%	$58.32	—	INTER TERM TREAS	92206C706
SCHR	SCHWAB STRATEGIC TR	210,923 (-5.8%)	$5,290 (-6.0%)	1.9%	$24.88	—	INT-TRM U.S TRES	808524854
TMUS	T-MOBILE US INC	7,039 (-1.9%)	$1,429 (-16.8%)	0.5%	$141.76	+49.1%	COM	872590104
CRWD	CROWDSTRIKE HLDGS INC	5,538 (-5.2%)	$2,596 (-9.3%)	0.9%	$284.07	+79.3%	CL A	22788C105
SHW	SHERWIN WILLIAMS CO	7,386 (-3.1%)	$2,393 (-9.4%)	0.9%	$271.62	+23.0%	COM	824348106
NEM	NEWMONT CORP	18,357 (-2.9%)	$1,833 (+15.0%)	0.7%	$53.51	+68.6%	COM	651639106
AMZN	AMAZON COM INC	43,159 (-2.6%)	$9,962 (+2.4%)	3.6%	$118.23	+93.5%	COM	023135106
LIN	LINDE PLC	3,726 (-1.2%)	$1,589 (-11.4%)	0.6%	$408.13	+4.7%	SHS	G54950103
ENB	ENBRIDGE INC	35,792 (-5.6%)	$1,712 (-10.5%)	0.6%	$30.65	+53.7%	COM	29250N105
REG	REGENCY CTRS CORP	27,293 (-4.2%)	$1,884 (-9.2%)	0.7%	$58.85	+18.1%	COM	758849103
TMO	THERMO FISHER SCIENTIFIC INC	2,645 (-4.4%)	$1,533 (+14.2%)	0.6%	$442.82	+27.6%	COM	883556102
UBER	UBER TECHNOLOGIES INC	10,124 (-2.5%)	$827 (-18.6%)	0.3%	$82.46	+9.2%	COM	90353T100
ISRG	INTUITIVE SURGICAL INC	1,812 (-3.2%)	$1,026 (+22.6%)	0.4%	$522.87	+1.8%	COM NEW	46120E602
VST	VISTRA CORP	4,641 (-2.8%)	$749 (-20.0%)	0.3%	$149.74	+21.5%	COM	92840M102
T	AT&T INC	47,008 (-1.8%)	$1,168 (-13.7%)	0.4%	$14.84	+70.4%	COM	00206R102
AMLP	ALPS ETF TR	5,476 (-41.0%)	$257 (-40.9%)	0.1%	$47.73	—	ALERIAN MLP	00162Q452
VCIT	VANGUARD SCOTTSDALE FDS	5,052 (-27.9%)	$423 (-28.2%)	0.2%	$84.11	—	INT-TERM CORP	92206C870
IEI	ISHARES TR	1,722 (-44.5%)	$206 (-44.6%)	0.1%	$119.51	—	3 7 YR TREAS BD	464288661
CMPS	COMPASS PATHWAYS PLC	160,625 (-2.5%)	$1,108 (+17.5%)	0.4%	$4.33	—	SPONSORED ADS	20451W101
WFC	WELLS FARGO CO NEW	34,438 (-5.9%)	$3,210 (+4.6%)	1.2%	$37.68	+129.9%	COM	949746101
ABT	ABBOTT LABS	12,868 (-1.3%)	$1,612 (-7.6%)	0.6%	$102.82	+23.8%	COM	002824100
PLD	PROLOGIS INC.	19,950 (-5.4%)	$2,547 (+5.4%)	0.9%	$110.72	+11.9%	COM	74340W103
LNG	CHENIERE ENERGY INC	2,700 (-3.2%)	$525 (-19.9%)	0.2%	$225.16	-6.7%	COM NEW	16411R208
JNJ	JOHNSON & JOHNSON	8,225 (-3.1%)	$1,702 (+8.2%)	0.6%	$148.56	+32.6%	COM	478160104
EOG	EOG RES INC	9,386 (-3.8%)	$986 (-9.9%)	0.4%	$106.39	+0.8%	COM	26875P101
WMB	WILLIAMS COS INC	25,072 (-1.5%)	$1,507 (-6.5%)	0.5%	$43.37	+38.5%	COM	969457100
COST	COSTCO WHSL CORP NEW	1,191 (-2.4%)	$1,027 (-9.1%)	0.4%	$495.61	+82.8%	COM	22160K105
ASML	ASML HOLDING N V	1,481 (-3.3%)	$1,584 (+6.8%)	0.6%	$711.25	—	N Y REGISTRY SHS	N07059210
XOM	EXXON MOBIL CORP	34,216 (-4.0%)	$4,118 (+2.5%)	1.5%	$96.08	+20.2%	COM	30231G102
FRT	FEDERAL RLTY INVT TR NEW	17,786 (-4.4%)	$1,793 (-4.9%)	0.6%	$89.34	+9.0%	SH BEN INT NEW	313745101
PG	PROCTER AND GAMBLE CO	6,178 (-2.8%)	$885 (-9.3%)	0.3%	$131.92	+11.6%	COM	742718109
TRP	TC ENERGY CORP	27,262 (-6.1%)	$1,500 (-5.0%)	0.5%	$33.03	+61.5%	COM	87807B107
APD	AIR PRODS & CHEMS INC	2,112 (-2.9%)	$522 (-12.1%)	0.2%	$260.12	-3.3%	COM	009158106
ECL	ECOLAB INC	3,512 (-3.2%)	$922 (-7.2%)	0.3%	$167.93	+58.2%	COM	278865100
MA	MASTERCARD INCORPORATED	4,650 (-2.8%)	$2,655 (-2.4%)	1.0%	$372.69	+50.0%	CL A	57636Q104
RTX	RTX CORPORATION	5,769 (-3.0%)	$1,058 (+6.3%)	0.4%	$89.43	+93.8%	COM	75513E101
BSX	BOSTON SCIENTIFIC CORP	8,743 (-4.6%)	$834 (-6.9%)	0.3%	$88.03	+11.4%	COM	101137107
PFF	ISHARES TR	9,877 (-14.9%)	$306 (-16.7%)	0.1%	$30.74	—	PFD AND INCM SEC	464288687
NLY	ANNALY CAPITAL MANAGEMENT IN	48,992 (-4.3%)	$1,095 (+5.9%)	0.4%	$20.03	—	COM NEW	035710839
AGNC	AGNC INVT CORP	106,992 (-3.9%)	$1,147 (+5.2%)	0.4%	$9.87	—	COM	00123Q104
COP	CONOCOPHILLIPS	10,322 (-4.4%)	$966 (-5.4%)	0.3%	$64.62	+39.3%	COM	20825C104
USB	US BANCORP DEL	23,862 (-5.5%)	$1,273 (+4.3%)	0.5%	$28.41	+71.5%	COM NEW	902973304
CVX	CHEVRON CORP NEW	7,244 (-2.6%)	$1,104 (-4.4%)	0.4%	$141.56	+7.0%	COM	166764100
WMT	WALMART INC	9,545 (-3.1%)	$1,063 (+4.8%)	0.4%	$53.53	+100.3%	COM	931142103
CEG	CONSTELLATION ENERGY CORP	3,220 (-2.7%)	$1,138 (+4.4%)	0.4%	$99.09	+266.5%	COM	21037T109
ABBV	ABBVIE INC	4,164 (-3.0%)	$951 (-4.3%)	0.3%	$140.26	+62.2%	COM	00287Y109
MDT	MEDTRONIC PLC	10,181 (-5.0%)	$978 (-4.2%)	0.4%	$79.20	+22.6%	SHS	G5960L103
VHT	VANGUARD WORLD FD	1,787 (-1.9%)	$514 (+8.8%)	0.2%	$247.56	—	HEALTH CAR ETF	92204A504
MCO	MOODYS CORP	2,067 (-3.0%)	$1,056 (+3.9%)	0.4%	$461.00	+5.7%	COM	615369105
PM	PHILIP MORRIS INTL INC	7,744 (-2.0%)	$1,242 (-3.1%)	0.4%	$127.34	+20.6%	COM	718172109
BAC	BANK AMERICA CORP	19,513 (-2.7%)	$1,073 (+3.7%)	0.4%	$26.94	+95.5%	COM	060505104
GEV	GE VERNOVA INC	1,587 (-2.4%)	$1,037 (+3.7%)	0.4%	$293.21	+107.7%	COM	36828A101
TJX	TJX COS INC NEW	7,027 (-3.1%)	$1,079 (+3.0%)	0.4%	$120.10	+23.0%	COM	872540109
BRK/B	BERKSHIRE HATHAWAY INC DEL	1,896 (-2.7%)	$953 (-2.7%)	0.3%	$269.30	+84.7%	CL B NEW	084670702
BA	BOEING CO	4,613 (-3.0%)	$1,002 (-2.5%)	0.4%	$191.43	+7.4%	COM	097023105
SCHH	SCHWAB STRATEGIC TR	21,510 (-2.0%)	$449 (-5.1%)	0.2%	$21.45	—	US REIT ETF	808524847
NEE	NEXTERA ENERGY INC	12,583 (-3.7%)	$1,010 (+2.4%)	0.4%	$68.79	+19.9%	COM	65339F101
FUTY	FIDELITY COVINGTON TRUST	8,861 (-2.4%)	$489 (-4.6%)	0.2%	$41.62	—	MSCI UTILS INDEX	316092865
MCD	MCDONALDS CORP	3,112 (-2.7%)	$951 (-2.2%)	0.3%	$273.03	+11.7%	COM	580135101
MSCI	MSCI INC	1,728 (-3.1%)	$991 (-2.1%)	0.4%	$549.12	+2.0%	COM	55354G100
KO	COCA COLA CO	14,398 (-3.2%)	$1,007 (+2.0%)	0.4%	$58.26	+19.1%	COM	191216100
TDG	TRANSDIGM GROUP INC	613 (-2.7%)	$815 (-1.8%)	0.3%	$1364.80	-4.0%	COM	893641100
—	EATON VANCE TAX-MANAGED BUY-	37,137 (-3.2%)	$533 (-2.4%)	0.2%	$13.17	—	COM	27828Y108
V	VISA INC	9,252 (-3.0%)	$3,245 (-0.4%)	1.2%	$227.90	+49.4%	COM CL A	92826C839
QXO	QXO INC	50,816 (-2.3%)	$980 (-1.1%)	0.4%	$16.42	+16.7%	COM NEW	82846H405
PNC	PNC FINL SVCS GROUP INC	3,285 (-2.3%)	$686 (+1.4%)	0.2%	$165.97	+16.2%	COM	693475105
PAGP	PLAINS GP HLDGS L P	33,692 (-3.3%)	$645 (+1.5%)	0.2%	$18.93	—	LTD PARTNR INT A	72651A207
CBRE	CBRE GROUP INC	3,877 (-3.1%)	$623 (-1.1%)	0.2%	$126.46	+24.3%	CL A	12504L109
WELL	WELLTOWER INC	5,394 (-4.5%)	$1,001 (-0.5%)	0.4%	$140.30	+32.9%	COM	95040Q104

Unchanged Positions (11)

AMD ADVANCED MICRO DEVICES INC 0.6%

Value ($000) $1,550 Shares 7,236 Est. Cost $139.56 Unrealized +60.9%

MRK MERCK & CO INC 0.5%

Value ($000) $1,384 Shares 13,153 Est. Cost $104.84 Unrealized -11.1%

GDX VANECK ETF TRUST 0.2%

Value ($000) $673 Shares 7,850 Est. Cost $30.97 Unrealized —

ELV ELEVANCE HEALTH INC FORMERLY 0.2%

Value ($000) $422 Shares 1,205 Est. Cost $420.52 Unrealized -19.9%

NI NISOURCE INC 0.3%

Value ($000) $734 Shares 17,574 Est. Cost $25.49 Unrealized +67.2%

IBM INTERNATIONAL BUSINESS MACHS 0.2%

Value ($000) $501 Shares 1,690 Est. Cost $118.05 Unrealized +153.1%

BTG B2GOLD CORP 0.0%

Value ($000) $68 Shares 15,000 Est. Cost $2.67 Unrealized +74.6%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $332 Shares 487 Est. Cost $637.10 Unrealized —

CIG CIA ENERGETICA DE MINAS GERA 0.0%

Value ($000) $76 Shares 38,225 Est. Cost $2.34 Unrealized —

WM WASTE MGMT INC DEL 0.1%

Value ($000) $289 Shares 1,314 Est. Cost $201.92 Unrealized +5.3%

FPE FIRST TR EXCH TRADED FD III 0.1%

Value ($000) $279 Shares 15,300 Est. Cost $16.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AMD	ADVANCED MICRO DEVICES INC	7,236	$1,550	0.6%	$139.56	+60.9%	COM	007903107
MRK	MERCK & CO INC	13,153	$1,384	0.5%	$104.84	-11.1%	COM	58933Y105
GDX	VANECK ETF TRUST	7,850	$673	0.2%	$30.97	—	GOLD MINERS ETF	92189F106
ELV	ELEVANCE HEALTH INC FORMERLY	1,205	$422	0.2%	$420.52	-19.9%	COM	036752103
NI	NISOURCE INC	17,574	$734	0.3%	$25.49	+67.2%	COM	65473P105
IBM	INTERNATIONAL BUSINESS MACHS	1,690	$501	0.2%	$118.05	+153.1%	COM	459200101
BTG	B2GOLD CORP	15,000	$68	0.0%	$2.67	+74.6%	COM	11777Q209
SPY	SPDR S&P 500 ETF TR	487	$332	0.1%	$637.10	—	TR UNIT	78462F103
CIG	CIA ENERGETICA DE MINAS GERA	38,225	$76	0.0%	$2.34	—	SP ADR N-V PFD	204409601
WM	WASTE MGMT INC DEL	1,314	$289	0.1%	$201.92	+5.3%	COM	94106L109
FPE	FIRST TR EXCH TRADED FD III	15,300	$279	0.1%	$16.19	—	PFD SECS INC ETF	33739E108