Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MBB	ISHARES TR	208,845	$19.74M	8.2%	$94.52	—	MBS ETF	464288588
LLY	ELI LILLY & CO	3,242	$3.889M	1.6%	$1199.43	—	COM	532457108
EW	EDWARDS LIFESCIENCES CORP	40,131	$3.63M	1.5%	$90.46	—	COM	28176E108
LNG	CHENIERE ENERGY INC	11,311	$2.703M	1.1%	$239.01	—	COM NEW	16411R208
V	VISA INC	7,854	$2.695M	1.1%	$343.09	—	COM CL A	92826C839
DFTX	DEFINIUM THERAPEUTICS INC	56,915	$2.677M	1.1%	$47.04	—	COM SHS	24477V105
BWA	BORGWARNER INC	37,405	$2.484M	1.0%	$66.40	—	COM	099724106
UNM	UNUM GROUP	27,247	$2.436M	1.0%	$89.40	—	COM	91529Y106
MS	MORGAN STANLEY	10,315	$2.156M	0.9%	$209.04	—	COM NEW	617446448
LYV	LIVE NATION ENTERTAINMENT IN	11,485	$2.103M	0.9%	$183.11	—	COM	538034109
JHX	JAMES HARDIE INDS PLC	79,434	$2.08M	0.9%	$26.18	—	ORD SHS	G4253H101
DNTH	DIANTHUS THERAPEUTICS INC	19,689	$1.919M	0.8%	$97.48	—	COM	252828108
MDB	MONGODB INC	4,657	$1.564M	0.6%	$335.90	—	CL A	60937P106
ONC	BEONE MEDICINES LTD	4,836	$1.378M	0.6%	$284.97	—	SPONSORED ADS	07725L102
FDXF	FEDEX FGHT HLDG CO INC	5,199	$785K	0.3%	$151.00	—	COMMON STOCK	314352105
AMAT	APPLIED MATLS INC	511	$369K	0.2%	$723.00	—	COM	038222105
VBIL	VANGUARD INSTL INDEX FD	4,389	$332K	0.1%	$75.67	—	0 3 MO TR BI ETF	922040845
MPWR	MONOLITHIC PWR SYS INC	152	$210K	0.1%	$1382.36	—	COM	609839105
HEI/A	HEICO CORP NEW	779	$201K	0.1%	$257.91	—	CL A	422806208
SPY	STATE STR SPDR S&P 500 ETF T	269	$201K	0.1%	$746.77	—	TR UNIT	78462F103

Increased Positions (29)

FLXR TCW ETF TRUST 14.4%

Value $34.89M (+39.9%) Shares 889,796 (+40.1%) Est. Cost $39.37 Unrealized —

FLSP FRANKLIN TEMPLETON ETF TR 8.8%

Value $21.24M (+16.8%) Shares 766,968 (+14.7%) Est. Cost $27.26 Unrealized —

CVS CVS HEALTH CORP 1.6%

Value $3.793M (+73.7%) Shares 36,666 (+20.6%) Est. Cost $77.34 Unrealized —

JNJ JOHNSON & JOHNSON 1.9%

Value $4.582M (+50.2%) Shares 18,041 (+44.6%) Est. Cost $207.70 Unrealized —

GLDM WORLD GOLD TR 5.7%

Value $13.81M (-9.9%) Shares 173,948 (+5.2%) Est. Cost $42.60 Unrealized —

AMZN AMAZON COM INC 2.6%

Value $6.186M (+23.9%) Shares 25,956 (+8.3%) Est. Cost $162.18 Unrealized —

ESI ELEMENT SOLUTIONS INC 1.6%

Value $3.864M (+41.7%) Shares 80,930 (+1.3%) Est. Cost $25.91 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 1.7%

Value $4.018M (+37.1%) Shares 8,030 (+31.3%) Est. Cost $495.12 Unrealized —

CNP CENTERPOINT ENERGY INC 1.7%

Value $4.019M (+33.1%) Shares 91,264 (+30.5%) Est. Cost $40.95 Unrealized —

ETN EATON CORP PLC 1.4%

Value $3.395M (+38.7%) Shares 7,968 (+16.4%) Est. Cost $363.85 Unrealized —

BRX BRIXMOR PPTY GROUP INC 1.4%

Value $3.456M (+34.1%) Shares 109,600 (+22.5%) Est. Cost $27.36 Unrealized —

NFLX NETFLIX INC. 1.1%

Value $2.695M (-21.4%) Shares 37,751 (+5.9%) Est. Cost $99.18 Unrealized —

CW CURTISS WRIGHT CORP 1.4%

Value $3.412M (+25.1%) Shares 4,503 (+12.5%) Est. Cost $536.43 Unrealized —

ADSK AUTODESK INC 0.7%

Value $1.791M (+43.0%) Shares 9,211 (+76.1%) Est. Cost $246.48 Unrealized —

JMST J P MORGAN EXCHANGE TRADED F 0.2%

Value $450K (+95.1%) Shares 8,823 (+95.0%) Est. Cost $50.99 Unrealized —

WMT WALMART INC 1.2%

Value $2.922M (+4.9%) Shares 25,803 (+15.1%) Est. Cost $97.37 Unrealized —

URA GLOBAL X FDS 0.7%

Value $1.606M (-6.9%) Shares 36,741 (+3.2%) Est. Cost $20.26 Unrealized —

SPYM SPDR SERIES TRUST 0.2%

Value $575K (+19.2%) Shares 6,547 (+3.8%) Est. Cost $78.25 Unrealized —

COST COSTCO WHOLESALE CORPORATION 1.3%

Value $3.178M (-2.5%) Shares 3,397 (+3.9%) Est. Cost $694.28 Unrealized —

FDX FEDEX CORP 1.4%

Value $3.284M (+2.5%) Shares 10,487 (+16.5%) Est. Cost $256.86 Unrealized —

OMF ONEMAIN HLDGS INC 0.2%

Value $560K (+15.3%) Shares 9,185 (+1.1%) Est. Cost $48.59 Unrealized —

COWZ PACER FDS TR 0.9%

Value $2.242M (+2.6%) Shares 36,053 (+3.2%) Est. Cost $62.55 Unrealized —

IWF ISHARES TR 0.2%

Value $365K (+16.5%) Shares 2,940 (+300.0%) Est. Cost $154.24 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 0.2%

Value $515K (+8.3%) Shares 23,011 (+2.4%) Est. Cost $21.18 Unrealized —

MRP MILLROSE PPTYS INC 0.2%

Value $440K (+9.6%) Shares 14,653 (+2.2%) Est. Cost $28.91 Unrealized —

STAG STAG INDUSTRIAL INC 0.2%

Value $512K (+6.6%) Shares 13,464 (+1.0%) Est. Cost $36.27 Unrealized —

VICI VICI PPTYS INC 0.2%

Value $451K (+2.5%) Shares 16,986 (+5.5%) Est. Cost $25.71 Unrealized —

STWD STARWOOD PPTY TR INC 0.2%

Value $448K (+1.3%) Shares 27,329 (+6.5%) Est. Cost $18.79 Unrealized —

— SABA CAPITAL INCOME & OPRNT 0.2%

Value $591K (-0.2%) Shares 89,996 (+2.3%) Est. Cost $7.40 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FLXR	TCW ETF TRUST	889,796 (+40.1%)	$34.89M (+39.9%)	14.4%	$39.37	—	FLEXIBLE INCOME	29287L700
FLSP	FRANKLIN TEMPLETON ETF TR	766,968 (+14.7%)	$21.24M (+16.8%)	8.8%	$27.26	—	SYSTMTC STYL PRE	35473P546
CVS	CVS HEALTH CORP	36,666 (+20.6%)	$3.793M (+73.7%)	1.6%	$77.34	—	COM	126650100
JNJ	JOHNSON & JOHNSON	18,041 (+44.6%)	$4.582M (+50.2%)	1.9%	$207.70	—	COM	478160104
GLDM	WORLD GOLD TR	173,948 (+5.2%)	$13.81M (-9.9%)	5.7%	$42.60	—	SPDR GLD MINIS	98149E303
AMZN	AMAZON COM INC	25,956 (+8.3%)	$6.186M (+23.9%)	2.6%	$162.18	—	COM	023135106
ESI	ELEMENT SOLUTIONS INC	80,930 (+1.3%)	$3.864M (+41.7%)	1.6%	$25.91	—	COM	28618M106
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,030 (+31.3%)	$4.018M (+37.1%)	1.7%	$495.12	—	CL B NEW	084670702
CNP	CENTERPOINT ENERGY INC	91,264 (+30.5%)	$4.019M (+33.1%)	1.7%	$40.95	—	COM	15189T107
ETN	EATON CORP PLC	7,968 (+16.4%)	$3.395M (+38.7%)	1.4%	$363.85	—	SHS	G29183103
BRX	BRIXMOR PPTY GROUP INC	109,600 (+22.5%)	$3.456M (+34.1%)	1.4%	$27.36	—	COM	11120U105
NFLX	NETFLIX INC.	37,751 (+5.9%)	$2.695M (-21.4%)	1.1%	$99.18	—	COM	64110L106
CW	CURTISS WRIGHT CORP	4,503 (+12.5%)	$3.412M (+25.1%)	1.4%	$536.43	—	COM	231561101
ADSK	AUTODESK INC	9,211 (+76.1%)	$1.791M (+43.0%)	0.7%	$246.48	—	COM	052769106
JMST	J P MORGAN EXCHANGE TRADED F	8,823 (+95.0%)	$450K (+95.1%)	0.2%	$50.99	—	ULTRA SHT MUNCPL	46641Q654
WMT	WALMART INC	25,803 (+15.1%)	$2.922M (+4.9%)	1.2%	$97.37	—	COM	931142103
URA	GLOBAL X FDS	36,741 (+3.2%)	$1.606M (-6.9%)	0.7%	$20.26	—	GLOBAL X URANIUM	37954Y871
SPYM	SPDR SERIES TRUST	6,547 (+3.8%)	$575K (+19.2%)	0.2%	$78.25	—	ST STR P500ETF	78464A854
COST	COSTCO WHOLESALE CORPORATION	3,397 (+3.9%)	$3.178M (-2.5%)	1.3%	$694.28	—	COM	22160K105
FDX	FEDEX CORP	10,487 (+16.5%)	$3.284M (+2.5%)	1.4%	$256.86	—	COM	31428X106
OMF	ONEMAIN HLDGS INC	9,185 (+1.1%)	$560K (+15.3%)	0.2%	$48.59	—	COM	68268W103
COWZ	PACER FDS TR	36,053 (+3.2%)	$2.242M (+2.6%)	0.9%	$62.55	—	US CASH COWS 100	69374H881
IWF	ISHARES TR	2,940 (+300.0%)	$365K (+16.5%)	0.2%	$154.24	—	RUS 1000 GRW ETF	464287614
NLY	ANNALY CAPITAL MANAGEMENT IN	23,011 (+2.4%)	$515K (+8.3%)	0.2%	$21.18	—	COM NEW	035710839
MRP	MILLROSE PPTYS INC	14,653 (+2.2%)	$440K (+9.6%)	0.2%	$28.91	—	COM CL A	601137102
STAG	STAG INDUSTRIAL INC	13,464 (+1.0%)	$512K (+6.6%)	0.2%	$36.27	—	COM	85254J102
VICI	VICI PPTYS INC	16,986 (+5.5%)	$451K (+2.5%)	0.2%	$25.71	—	COM	925652109
STWD	STARWOOD PPTY TR INC	27,329 (+6.5%)	$448K (+1.3%)	0.2%	$18.79	—	COM	85571B105
—	SABA CAPITAL INCOME & OPRNT	89,996 (+2.3%)	$591K (-0.2%)	0.2%	$7.40	—	SHS NEW	78518H202

Exited Positions (12)

JBND J P MORGAN EXCHANGE TRADED F 5.8%

Value $13.95M Shares 259,406 Est. Cost $54.07 Unrealized —

TRGP TARGA RES CORP 1.5%

Value $3.52M Shares 14,038 Est. Cost $167.24 Unrealized —

AXP AMERICAN EXPRESS CO 1.2%

Value $2.983M Shares 9,862 Est. Cost $248.72 Unrealized —

ROIV ROIVANT SCIENCES LTD 1.2%

Value $2.933M Shares 105,893 Est. Cost $24.17 Unrealized —

TEL TE CONNECTIVITY PLC 0.9%

Value $2.181M Shares 10,433 Est. Cost $205.25 Unrealized —

MTH MERITAGE HOMES CORP 0.8%

Value $2.044M Shares 33,060 Est. Cost $68.97 Unrealized —

WMG WARNER MUSIC GROUP CORP 0.8%

Value $1.91M Shares 74,793 Est. Cost $30.61 Unrealized —

HOOD ROBINHOOD MKTS INC 0.7%

Value $1.81M Shares 26,118 Est. Cost $95.75 Unrealized —

BSX BOSTON SCIENTIFIC CORP 0.6%

Value $1.548M Shares 24,675 Est. Cost $96.52 Unrealized —

TWLO TWILIO INC 0.6%

Value $1.544M Shares 12,272 Est. Cost $121.87 Unrealized —

XONE BONDBLOXX ETF TRUST 0.2%

Value $495K Shares 10,000 Est. Cost $49.52 Unrealized —

SPAB SPDR SERIES TRUST 0.1%

Value $242K Shares 9,443 Est. Cost $25.68 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JBND	J P MORGAN EXCHANGE TRADED F	259,406	$13.95M	5.8%	$54.07	—	—	46654Q716
TRGP	TARGA RES CORP	14,038	$3.52M	1.5%	$167.24	—	—	87612G101
AXP	AMERICAN EXPRESS CO	9,862	$2.983M	1.2%	$248.72	—	—	025816109
ROIV	ROIVANT SCIENCES LTD	105,893	$2.933M	1.2%	$24.17	—	—	G76279101
TEL	TE CONNECTIVITY PLC	10,433	$2.181M	0.9%	$205.25	—	—	G87052109
MTH	MERITAGE HOMES CORP	33,060	$2.044M	0.8%	$68.97	—	—	59001A102
WMG	WARNER MUSIC GROUP CORP	74,793	$1.91M	0.8%	$30.61	—	—	934550203
HOOD	ROBINHOOD MKTS INC	26,118	$1.81M	0.7%	$95.75	—	—	770700102
BSX	BOSTON SCIENTIFIC CORP	24,675	$1.548M	0.6%	$96.52	—	—	101137107
TWLO	TWILIO INC	12,272	$1.544M	0.6%	$121.87	—	—	90138F102
XONE	BONDBLOXX ETF TRUST	10,000	$495K	0.2%	$49.52	—	—	09789C861
SPAB	SPDR SERIES TRUST	9,443	$242K	0.1%	$25.68	—	—	78464A649

Decreased Positions (16)

MTBA SIMPLIFY EXCHANGE TRADED FUN 0.1%

Value $319K (-98.1%) Shares 6,505 (-98.1%) Est. Cost $50.68 Unrealized —

ICSH ISHARES TR 0.1%

Value $342K (-93.7%) Shares 6,766 (-93.7%) Est. Cost $50.62 Unrealized —

MA MASTERCARD INCORPORATED 0.3%

Value $737K (-68.7%) Shares 1,435 (-69.5%) Est. Cost $570.37 Unrealized —

SPMO INVESCO EXCH TRADED FD TR II 2.0%

Value $4.75M (+42.1%) Shares 29,403 (-1.4%) Est. Cost $113.06 Unrealized —

CNQ CANADIAN NAT RES LTD MED TER 1.5%

Value $3.52M (-23.0%) Shares 89,125 (-5.0%) Est. Cost $25.10 Unrealized —

CIEN CIENA CORP 2.1%

Value $5.185M (+17.6%) Shares 10,570 (-6.9%) Est. Cost $165.44 Unrealized —

INDA ISHARES TR 1.6%

Value $3.757M (-6.4%) Shares 76,069 (-11.3%) Est. Cost $44.84 Unrealized —

T AT&T INC 0.2%

Value $493K (-29.5%) Shares 23,832 (-1.3%) Est. Cost $16.00 Unrealized —

GS GOLDMAN SACHS GROUP INC 0.3%

Value $696K (+17.6%) Shares 688 (-1.7%) Est. Cost $571.74 Unrealized —

KMI KINDER MORGAN INC DEL 0.3%

Value $723K (-7.8%) Shares 22,610 (-3.3%) Est. Cost $15.27 Unrealized —

MO ALTRIA GROUP INC 0.3%

Value $692K (+7.0%) Shares 9,619 (-1.9%) Est. Cost $36.93 Unrealized —

QQQM INVESCO EXCH TRADED FD TR II 0.4%

Value $887K (+4.8%) Shares 2,926 (-17.8%) Est. Cost $193.88 Unrealized —

NVDA NVIDIA CORPORATION 1.4%

Value $3.279M (+1.0%) Shares 16,390 (-12.0%) Est. Cost $176.40 Unrealized —

NSA NATIONAL STORAGE AFFILIATES 0.2%

Value $527K (-4.0%) Shares 11,850 (-18.5%) Est. Cost $32.99 Unrealized —

MOAT VANECK ETF TRUST 0.4%

Value $909K (-1.5%) Shares 8,740 (-8.4%) Est. Cost $79.36 Unrealized —

SPHY SPDR SERIES TRUST 0.1%

Value $332K (-2.0%) Shares 14,145 (-2.5%) Est. Cost $23.28 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MTBA	SIMPLIFY EXCHANGE TRADED FUN	6,505 (-98.1%)	$319K (-98.1%)	0.1%	$50.68	—	MBS ETF	82889N525
ICSH	ISHARES TR	6,766 (-93.7%)	$342K (-93.7%)	0.1%	$50.62	—	ULTRA SHORT DUR	46434V878
MA	MASTERCARD INCORPORATED	1,435 (-69.5%)	$737K (-68.7%)	0.3%	$570.37	—	CL A	57636Q104
SPMO	INVESCO EXCH TRADED FD TR II	29,403 (-1.4%)	$4.75M (+42.1%)	2.0%	$113.06	—	S&P 500 MOMNTM	46138E339
CNQ	CANADIAN NAT RES LTD MED TER	89,125 (-5.0%)	$3.52M (-23.0%)	1.5%	$25.10	—	COM	136385101
CIEN	CIENA CORP	10,570 (-6.9%)	$5.185M (+17.6%)	2.1%	$165.44	—	COM NEW	171779309
INDA	ISHARES TR	76,069 (-11.3%)	$3.757M (-6.4%)	1.6%	$44.84	—	MSCI INDIA ETF	46429B598
T	AT&T INC	23,832 (-1.3%)	$493K (-29.5%)	0.2%	$16.00	—	COM	00206R102
GS	GOLDMAN SACHS GROUP INC	688 (-1.7%)	$696K (+17.6%)	0.3%	$571.74	—	COM	38141G104
KMI	KINDER MORGAN INC DEL	22,610 (-3.3%)	$723K (-7.8%)	0.3%	$15.27	—	COM	49456B101
MO	ALTRIA GROUP INC	9,619 (-1.9%)	$692K (+7.0%)	0.3%	$36.93	—	COM	02209S103
QQQM	INVESCO EXCH TRADED FD TR II	2,926 (-17.8%)	$887K (+4.8%)	0.4%	$193.88	—	NASDAQ 100 ETF	46138G649
NVDA	NVIDIA CORPORATION	16,390 (-12.0%)	$3.279M (+1.0%)	1.4%	$176.40	—	COM	67066G104
NSA	NATIONAL STORAGE AFFILIATES	11,850 (-18.5%)	$527K (-4.0%)	0.2%	$32.99	—	COM SHS BEN IN	637870106
MOAT	VANECK ETF TRUST	8,740 (-8.4%)	$909K (-1.5%)	0.4%	$79.36	—	MRNGSTR WDE MOAT	92189F643
SPHY	SPDR SERIES TRUST	14,145 (-2.5%)	$332K (-2.0%)	0.1%	$23.28	—	ST PORT HIGH ETF	78468R606

Unchanged Positions (13)

CTA SIMPLIFY EXCHANGE TRADED FUN 4.6%

Value $11.09M Shares 427,579 Est. Cost $26.33 Unrealized —

APA APA CORPORATION 1.4%

Value $3.337M Shares 102,443 Est. Cost $21.98 Unrealized —

EMB ISHARES TR 4.7%

Value $11.37M Shares 117,891 Est. Cost $92.03 Unrealized —

AAPL APPLE INC 0.5%

Value $1.322M Shares 4,570 Est. Cost $212.13 Unrealized —

MC MOELIS & CO 0.2%

Value $551K Shares 8,423 Est. Cost $43.28 Unrealized —

AHR AMERICAN HEALTHCARE REIT INC 0.3%

Value $650K Shares 12,459 Est. Cost $14.74 Unrealized —

NNN NNN REIT INC 0.2%

Value $544K Shares 11,694 Est. Cost $42.29 Unrealized —

SOTK SONO TEK CORP 0.0%

Value $88,869 Shares 14,521 Est. Cost $4.20 Unrealized —

JPM JPMORGAN CHASE & CO 0.1%

Value $227K Shares 695 Est. Cost $252.67 Unrealized —

AMT AMERICAN TOWER CORP 0.2%

Value $398K Shares 2,434 Est. Cost $177.86 Unrealized —

DUK DUKE ENERGY CORP NEW 0.2%

Value $516K Shares 4,073 Est. Cost $115.61 Unrealized —

BOXX EA SERIES TRUST 0.3%

Value $766K Shares 6,545 Est. Cost $116.29 Unrealized —

ENB ENBRIDGE INC 0.3%

Value $650K Shares 11,994 Est. Cost $30.37 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CTA	SIMPLIFY EXCHANGE TRADED FUN	427,579	$11.09M	4.6%	$26.33	—	MANAGED FUTURES	82889N699
APA	APA CORPORATION	102,443	$3.337M	1.4%	$21.98	—	COM	03743Q108
EMB	ISHARES TR	117,891	$11.37M	4.7%	$92.03	—	JPMORGAN USD EMG	464288281
AAPL	APPLE INC	4,570	$1.322M	0.5%	$212.13	—	COM	037833100
MC	MOELIS & CO	8,423	$551K	0.2%	$43.28	—	CL A	60786M105
AHR	AMERICAN HEALTHCARE REIT INC	12,459	$650K	0.3%	$14.74	—	COM SHS	398182303
NNN	NNN REIT INC	11,694	$544K	0.2%	$42.29	—	COM	637417106
SOTK	SONO TEK CORP	14,521	$88,869	0.0%	$4.20	—	COM	835483108
JPM	JPMORGAN CHASE & CO	695	$227K	0.1%	$252.67	—	COM	46625H100
AMT	AMERICAN TOWER CORP	2,434	$398K	0.2%	$177.86	—	COM	03027X100
DUK	DUKE ENERGY CORP NEW	4,073	$516K	0.2%	$115.61	—	COM NEW	26441C204
BOXX	EA SERIES TRUST	6,545	$766K	0.3%	$116.29	—	ALPHA ARCH 1-3	02072L565
ENB	ENBRIDGE INC	11,994	$650K	0.3%	$30.37	—	COM	29250N105