Strong Tower Advisory Services Diversified Active

CIK: 0001889322 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 23, 2026

Total Value ($000): $558,466 (100.0% shares, 0.0% debt)

Holdings (97)

New Positions (4)

BINC BLACKROCK ETF TRUST II 4.7%

Value ($000) $26,393 Shares 500,156 Est. Cost $52.77 Unrealized —

TLT ISHARES TR 2.8%

Value ($000) $15,632 Shares 179,351 Est. Cost $87.16 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 1.2%

Value ($000) $6,628 Shares 34,601 Est. Cost $191.56 Unrealized —

IYW ISHARES TR 0.0%

Value ($000) $223 Shares 1,116 Est. Cost $199.68 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BINC	BLACKROCK ETF TRUST II	500,156	$26,393	4.7%	$52.77	—	ISHARES FLEXIBLE	092528603
TLT	ISHARES TR	179,351	$15,632	2.8%	$87.16	—	20 YR TR BD ETF	464287432
RSP	INVESCO EXCHANGE TRADED FD T	34,601	$6,628	1.2%	$191.56	—	S&P500 EQL WGT	46137V357
IYW	ISHARES TR	1,116	$223	0.0%	$199.68	—	U.S. TECH ETF	464287721

Increased Positions (68)

MSTR STRATEGY INC 3.5%

Value ($000) $19,561 (-32.5%) Shares 128,733 (+43.1%) Est. Cost $164.05 Unrealized +40.3%

LQD ISHARES TR 5.1%

Value ($000) $28,535 (+21.7%) Shares 258,965 (+23.1%) Est. Cost $108.29 Unrealized —

BLV VANGUARD BD INDEX FDS 3.9%

Value ($000) $21,823 (+26.1%) Shares 313,903 (+28.6%) Est. Cost $70.09 Unrealized —

FCX FREEPORT-MCMORAN INC 1.9%

Value ($000) $10,652 (+34.6%) Shares 209,731 (+4.0%) Est. Cost $43.16 Unrealized +0.4%

COF CAPITAL ONE FINL CORP 1.8%

Value ($000) $10,330 (+18.0%) Shares 42,621 (+3.5%) Est. Cost $148.16 Unrealized +50.0%

LPX LOUISIANA PAC CORP 1.5%

Value ($000) $8,620 (+21.6%) Shares 106,734 (+33.7%) Est. Cost $75.64 Unrealized +11.7%

SOLV SOLVENTUM CORP 1.5%

Value ($000) $8,511 (+17.6%) Shares 107,408 (+8.3%) Est. Cost $68.52 Unrealized +11.8%

IBIT ISHARES BITCOIN TRUST ETF 3.2%

Value ($000) $17,662 (-5.5%) Shares 355,730 (+23.7%) Est. Cost $38.23 Unrealized —

XOM EXXON MOBIL CORP 1.5%

Value ($000) $8,517 (+13.0%) Shares 70,778 (+5.9%) Est. Cost $74.97 Unrealized +54.0%

AMZN AMAZON COM INC 2.4%

Value ($000) $13,298 (+7.4%) Shares 57,610 (+2.2%) Est. Cost $128.56 Unrealized +78.0%

MLPA GLOBAL X FDS 0.6%

Value ($000) $3,334 (+38.0%) Shares 68,877 (+38.0%) Est. Cost $48.32 Unrealized —

MRK MERCK & CO INC 0.6%

Value ($000) $3,411 (+34.8%) Shares 32,406 (+7.5%) Est. Cost $91.65 Unrealized +1.7%

V VISA INC 1.6%

Value ($000) $8,664 (+11.2%) Shares 24,704 (+8.3%) Est. Cost $250.57 Unrealized +35.8%

AWK AMERICAN WTR WKS CO INC NEW 0.6%

Value ($000) $3,330 (+35.4%) Shares 25,521 (+44.4%) Est. Cost $135.51 Unrealized -1.7%

BA BOEING CO 1.8%

Value ($000) $9,790 (+9.1%) Shares 45,092 (+8.5%) Est. Cost $177.34 Unrealized +16.0%

PAYX PAYCHEX INC 0.6%

Value ($000) $3,350 (+31.7%) Shares 29,859 (+48.8%) Est. Cost $118.10 Unrealized -1.3%

CNI CANADIAN NATL RY CO 0.7%

Value ($000) $3,840 (+23.7%) Shares 38,850 (+18.0%) Est. Cost $102.42 Unrealized -6.1%

MMM 3M CO 1.6%

Value ($000) $8,695 (+9.2%) Shares 54,312 (+5.8%) Est. Cost $93.67 Unrealized +74.2%

MSFT MICROSOFT CORP 3.2%

Value ($000) $17,712 (-3.9%) Shares 36,624 (+2.9%) Est. Cost $328.91 Unrealized +52.2%

BMNR BITMINE IMMERSION TECNOLOGIE 2.4%

Value ($000) $13,681 (-4.7%) Shares 503,896 (+82.3%) Est. Cost $46.08 Unrealized -12.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 1.5%

Value ($000) $8,340 (+7.5%) Shares 16,593 (+7.5%) Est. Cost $336.90 Unrealized +47.7%

VZ VERIZON COMMUNICATIONS INC 0.6%

Value ($000) $3,199 (+21.4%) Shares 78,533 (+31.0%) Est. Cost $37.17 Unrealized +8.9%

INOD INNODATA INC 0.2%

Value ($000) $1,199 (-31.1%) Shares 23,530 (+4.2%) Est. Cost $44.98 Unrealized +45.0%

MCD MCDONALDS CORP 0.6%

Value ($000) $3,157 (+19.4%) Shares 10,329 (+18.7%) Est. Cost $262.09 Unrealized +16.4%

ROP ROPER TECHNOLOGIES INC 0.6%

Value ($000) $3,535 (+15.8%) Shares 7,942 (+29.7%) Est. Cost $497.64 Unrealized -7.1%

IONQ IONQ INC 0.3%

Value ($000) $1,403 (-24.5%) Shares 31,276 (+3.5%) Est. Cost $33.77 Unrealized +66.0%

BHP BHP GROUP LTD 0.7%

Value ($000) $4,112 (+12.3%) Shares 68,113 (+3.7%) Est. Cost $52.32 Unrealized —

COST COSTCO WHSL CORP NEW 0.6%

Value ($000) $3,332 (+15.0%) Shares 3,864 (+23.5%) Est. Cost $699.89 Unrealized +29.4%

ETN EATON CORP PLC 0.6%

Value ($000) $3,118 (-12.1%) Shares 9,789 (+3.2%) Est. Cost $238.28 Unrealized +48.7%

WMT WALMART INC 0.6%

Value ($000) $3,623 (+13.2%) Shares 32,523 (+4.7%) Est. Cost $61.17 Unrealized +75.3%

SHW SHERWIN WILLIAMS CO 0.6%

Value ($000) $3,589 (+11.7%) Shares 11,076 (+19.3%) Est. Cost $310.43 Unrealized +7.6%

KMI KINDER MORGAN INC DEL 0.6%

Value ($000) $3,079 (+13.6%) Shares 111,987 (+17.0%) Est. Cost $19.24 Unrealized +39.9%

ET ENERGY TRANSFER L P 0.6%

Value ($000) $3,131 (+13.1%) Shares 189,880 (+17.7%) Est. Cost $16.18 Unrealized —

CVX CHEVRON CORP NEW 0.6%

Value ($000) $3,586 (+10.8%) Shares 23,530 (+12.9%) Est. Cost $140.05 Unrealized +8.1%

HIMS HIMS & HERS HEALTH INC 0.2%

Value ($000) $843 (-28.7%) Shares 25,959 (+24.6%) Est. Cost $38.60 Unrealized +11.0%

STE STERIS PLC 0.6%

Value ($000) $3,589 (+9.6%) Shares 14,158 (+7.0%) Est. Cost $217.03 Unrealized +15.7%

PG PROCTER AND GAMBLE CO 0.5%

Value ($000) $3,008 (+11.3%) Shares 20,992 (+19.3%) Est. Cost $150.58 Unrealized -2.3%

KMB KIMBERLY-CLARK CORP 0.4%

Value ($000) $2,457 (-10.6%) Shares 24,356 (+10.2%) Est. Cost $123.18 Unrealized -12.0%

PM PHILIP MORRIS INTL INC 0.5%

Value ($000) $3,029 (+10.4%) Shares 18,886 (+11.7%) Est. Cost $100.50 Unrealized +52.8%

CTVA CORTEVA INC 0.6%

Value ($000) $3,157 (+9.9%) Shares 47,100 (+10.9%) Est. Cost $53.14 Unrealized +21.5%

UNH UNITEDHEALTH GROUP INC 1.8%

Value ($000) $9,938 (-2.8%) Shares 30,106 (+1.7%) Est. Cost $374.25 Unrealized -9.9%

MTW MANITOWOC CO INC 0.2%

Value ($000) $1,103 (+33.4%) Shares 92,034 (+11.4%) Est. Cost $10.40 Unrealized +9.3%

FDS FACTSET RESH SYS INC 0.5%

Value ($000) $2,760 (+10.6%) Shares 9,511 (+9.2%) Est. Cost $385.59 Unrealized -27.4%

GRMN GARMIN LTD 0.7%

Value ($000) $3,854 (-6.4%) Shares 18,997 (+13.6%) Est. Cost $150.98 Unrealized +43.5%

ITW ILLINOIS TOOL WKS INC 0.6%

Value ($000) $3,474 (+7.6%) Shares 14,103 (+13.9%) Est. Cost $229.72 Unrealized +7.8%

GOOG ALPHABET INC 0.1%

Value ($000) $789 (+35.3%) Shares 2,513 (+5.0%) Est. Cost $174.69 Unrealized +63.9%

JPM JPMORGAN CHASE & CO. 0.7%

Value ($000) $3,965 (+4.9%) Shares 12,307 (+2.7%) Est. Cost $177.49 Unrealized +74.4%

MA MASTERCARD INCORPORATED 0.7%

Value ($000) $3,883 (+5.0%) Shares 6,802 (+4.6%) Est. Cost $415.29 Unrealized +34.6%

ROK ROCKWELL AUTOMATION INC 0.2%

Value ($000) $1,233 (+17.4%) Shares 3,169 (+5.4%) Est. Cost $287.95 Unrealized +30.3%

XEL XCEL ENERGY INC 0.5%

Value ($000) $3,049 (-5.0%) Shares 41,287 (+3.7%) Est. Cost $57.03 Unrealized +37.3%

APH AMPHENOL CORP NEW 0.3%

Value ($000) $1,477 (+12.0%) Shares 10,930 (+2.6%) Est. Cost $57.61 Unrealized +131.8%

ECL ECOLAB INC 0.7%

Value ($000) $3,708 (+4.4%) Shares 14,124 (+8.9%) Est. Cost $217.65 Unrealized +22.1%

ETHA ISHARES ETHEREUM TR 0.1%

Value ($000) $472 (-24.0%) Shares 21,032 (+6.7%) Est. Cost $17.43 Unrealized —

POWL POWELL INDS INC 0.3%

Value ($000) $1,892 (+7.6%) Shares 5,936 (+2.9%) Est. Cost $201.81 Unrealized +66.8%

WAB WABTEC 0.2%

Value ($000) $1,014 (+15.1%) Shares 4,752 (+8.1%) Est. Cost $104.53 Unrealized +96.4%

POOL POOL CORP 0.2%

Value ($000) $881 (+15.1%) Shares 3,853 (+56.0%) Est. Cost $331.48 Unrealized -21.7%

QQQM INVESCO EXCH TRADED FD TR II 0.3%

Value ($000) $1,764 (+6.2%) Shares 6,973 (+3.8%) Est. Cost $208.96 Unrealized —

BLK BLACKROCK INC 0.7%

Value ($000) $3,869 (-2.6%) Shares 3,615 (+6.1%) Est. Cost $989.53 Unrealized +10.1%

TDG TRANSDIGM GROUP INC 0.2%

Value ($000) $1,007 (+10.2%) Shares 757 (+9.2%) Est. Cost $767.10 Unrealized +70.9%

HASI HA SUSTAINABLE INFRA CAP INC 0.2%

Value ($000) $1,077 (+8.7%) Shares 34,276 (+6.2%) Est. Cost $22.90 Unrealized +35.8%

SMMD ISHARES TR 0.2%

Value ($000) $931 (+9.1%) Shares 12,419 (+7.4%) Est. Cost $63.79 Unrealized —

JBBB JANUS DETROIT STR TR 0.1%

Value ($000) $744 (+11.2%) Shares 15,606 (+12.3%) Est. Cost $48.15 Unrealized —

ABBV ABBVIE INC 0.6%

Value ($000) $3,374 (+2.1%) Shares 14,767 (+3.4%) Est. Cost $148.68 Unrealized +53.0%

EQIX EQUINIX INC 0.2%

Value ($000) $992 (+4.5%) Shares 1,295 (+6.8%) Est. Cost $770.53 Unrealized +1.4%

LOW LOWES COS INC 0.7%

Value ($000) $3,819 (+0.9%) Shares 15,835 (+5.1%) Est. Cost $215.56 Unrealized +11.3%

TJX TJX COS INC NEW 0.1%

Value ($000) $432 (+7.7%) Shares 2,810 (+1.3%) Est. Cost $99.29 Unrealized +48.8%

META META PLATFORMS INC 0.1%

Value ($000) $331 (-2.9%) Shares 501 (+8.0%) Est. Cost $498.53 Unrealized +33.9%

ORLY OREILLY AUTOMOTIVE INC 0.1%

Value ($000) $836 (+1.0%) Shares 9,164 (+19.3%) Est. Cost $90.31 Unrealized +8.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSTR	STRATEGY INC	128,733 (+43.1%)	$19,561 (-32.5%)	3.5%	$164.05	+40.3%	CL A NEW	594972408
LQD	ISHARES TR	258,965 (+23.1%)	$28,535 (+21.7%)	5.1%	$108.29	—	IBOXX INV CP ETF	464287242
BLV	VANGUARD BD INDEX FDS	313,903 (+28.6%)	$21,823 (+26.1%)	3.9%	$70.09	—	LONG TERM BOND	921937793
FCX	FREEPORT-MCMORAN INC	209,731 (+4.0%)	$10,652 (+34.6%)	1.9%	$43.16	+0.4%	CL B	35671D857
COF	CAPITAL ONE FINL CORP	42,621 (+3.5%)	$10,330 (+18.0%)	1.8%	$148.16	+50.0%	COM	14040H105
LPX	LOUISIANA PAC CORP	106,734 (+33.7%)	$8,620 (+21.6%)	1.5%	$75.64	+11.7%	COM	546347105
SOLV	SOLVENTUM CORP	107,408 (+8.3%)	$8,511 (+17.6%)	1.5%	$68.52	+11.8%	COM SHS	83444M101
IBIT	ISHARES BITCOIN TRUST ETF	355,730 (+23.7%)	$17,662 (-5.5%)	3.2%	$38.23	—	SHS BEN INT	46438F101
XOM	EXXON MOBIL CORP	70,778 (+5.9%)	$8,517 (+13.0%)	1.5%	$74.97	+54.0%	COM	30231G102
AMZN	AMAZON COM INC	57,610 (+2.2%)	$13,298 (+7.4%)	2.4%	$128.56	+78.0%	COM	023135106
MLPA	GLOBAL X FDS	68,877 (+38.0%)	$3,334 (+38.0%)	0.6%	$48.32	—	GLBL X MLP ETF	37954Y343
MRK	MERCK & CO INC	32,406 (+7.5%)	$3,411 (+34.8%)	0.6%	$91.65	+1.7%	COM	58933Y105
V	VISA INC	24,704 (+8.3%)	$8,664 (+11.2%)	1.6%	$250.57	+35.8%	COM CL A	92826C839
AWK	AMERICAN WTR WKS CO INC NEW	25,521 (+44.4%)	$3,330 (+35.4%)	0.6%	$135.51	-1.7%	COM	030420103
BA	BOEING CO	45,092 (+8.5%)	$9,790 (+9.1%)	1.8%	$177.34	+16.0%	COM	097023105
PAYX	PAYCHEX INC	29,859 (+48.8%)	$3,350 (+31.7%)	0.6%	$118.10	-1.3%	COM	704326107
CNI	CANADIAN NATL RY CO	38,850 (+18.0%)	$3,840 (+23.7%)	0.7%	$102.42	-6.1%	COM	136375102
MMM	3M CO	54,312 (+5.8%)	$8,695 (+9.2%)	1.6%	$93.67	+74.2%	COM	88579Y101
MSFT	MICROSOFT CORP	36,624 (+2.9%)	$17,712 (-3.9%)	3.2%	$328.91	+52.2%	COM	594918104
BMNR	BITMINE IMMERSION TECNOLOGIE	503,896 (+82.3%)	$13,681 (-4.7%)	2.4%	$46.08	-12.1%	COM NEW	09175A206
BRK/B	BERKSHIRE HATHAWAY INC DEL	16,593 (+7.5%)	$8,340 (+7.5%)	1.5%	$336.90	+47.7%	CL B NEW	084670702
VZ	VERIZON COMMUNICATIONS INC	78,533 (+31.0%)	$3,199 (+21.4%)	0.6%	$37.17	+8.9%	COM	92343V104
INOD	INNODATA INC	23,530 (+4.2%)	$1,199 (-31.1%)	0.2%	$44.98	+45.0%	COM NEW	457642205
MCD	MCDONALDS CORP	10,329 (+18.7%)	$3,157 (+19.4%)	0.6%	$262.09	+16.4%	COM	580135101
ROP	ROPER TECHNOLOGIES INC	7,942 (+29.7%)	$3,535 (+15.8%)	0.6%	$497.64	-7.1%	COM	776696106
IONQ	IONQ INC	31,276 (+3.5%)	$1,403 (-24.5%)	0.3%	$33.77	+66.0%	COM	46222L108
BHP	BHP GROUP LTD	68,113 (+3.7%)	$4,112 (+12.3%)	0.7%	$52.32	—	SPONSORED ADS	088606108
COST	COSTCO WHSL CORP NEW	3,864 (+23.5%)	$3,332 (+15.0%)	0.6%	$699.89	+29.4%	COM	22160K105
ETN	EATON CORP PLC	9,789 (+3.2%)	$3,118 (-12.1%)	0.6%	$238.28	+48.7%	SHS	G29183103
WMT	WALMART INC	32,523 (+4.7%)	$3,623 (+13.2%)	0.6%	$61.17	+75.3%	COM	931142103
SHW	SHERWIN WILLIAMS CO	11,076 (+19.3%)	$3,589 (+11.7%)	0.6%	$310.43	+7.6%	COM	824348106
KMI	KINDER MORGAN INC DEL	111,987 (+17.0%)	$3,079 (+13.6%)	0.6%	$19.24	+39.9%	COM	49456B101
ET	ENERGY TRANSFER L P	189,880 (+17.7%)	$3,131 (+13.1%)	0.6%	$16.18	—	COM UT LTD PTN	29273V100
CVX	CHEVRON CORP NEW	23,530 (+12.9%)	$3,586 (+10.8%)	0.6%	$140.05	+8.1%	COM	166764100
HIMS	HIMS & HERS HEALTH INC	25,959 (+24.6%)	$843 (-28.7%)	0.2%	$38.60	+11.0%	COM CL A	433000106
STE	STERIS PLC	14,158 (+7.0%)	$3,589 (+9.6%)	0.6%	$217.03	+15.7%	SHS USD	G8473T100
PG	PROCTER AND GAMBLE CO	20,992 (+19.3%)	$3,008 (+11.3%)	0.5%	$150.58	-2.3%	COM	742718109
KMB	KIMBERLY-CLARK CORP	24,356 (+10.2%)	$2,457 (-10.6%)	0.4%	$123.18	-12.0%	COM	494368103
PM	PHILIP MORRIS INTL INC	18,886 (+11.7%)	$3,029 (+10.4%)	0.5%	$100.50	+52.8%	COM	718172109
CTVA	CORTEVA INC	47,100 (+10.9%)	$3,157 (+9.9%)	0.6%	$53.14	+21.5%	COM	22052L104
UNH	UNITEDHEALTH GROUP INC	30,106 (+1.7%)	$9,938 (-2.8%)	1.8%	$374.25	-9.9%	COM	91324P102
MTW	MANITOWOC CO INC	92,034 (+11.4%)	$1,103 (+33.4%)	0.2%	$10.40	+9.3%	COM NEW	563571405
FDS	FACTSET RESH SYS INC	9,511 (+9.2%)	$2,760 (+10.6%)	0.5%	$385.59	-27.4%	COM	303075105
GRMN	GARMIN LTD	18,997 (+13.6%)	$3,854 (-6.4%)	0.7%	$150.98	+43.5%	SHS	H2906T109
ITW	ILLINOIS TOOL WKS INC	14,103 (+13.9%)	$3,474 (+7.6%)	0.6%	$229.72	+7.8%	COM	452308109
GOOG	ALPHABET INC	2,513 (+5.0%)	$789 (+35.3%)	0.1%	$174.69	+63.9%	CAP STK CL C	02079K107
JPM	JPMORGAN CHASE & CO.	12,307 (+2.7%)	$3,965 (+4.9%)	0.7%	$177.49	+74.4%	COM	46625H100
MA	MASTERCARD INCORPORATED	6,802 (+4.6%)	$3,883 (+5.0%)	0.7%	$415.29	+34.6%	CL A	57636Q104
ROK	ROCKWELL AUTOMATION INC	3,169 (+5.4%)	$1,233 (+17.4%)	0.2%	$287.95	+30.3%	COM	773903109
XEL	XCEL ENERGY INC	41,287 (+3.7%)	$3,049 (-5.0%)	0.5%	$57.03	+37.3%	COM	98389B100
APH	AMPHENOL CORP NEW	10,930 (+2.6%)	$1,477 (+12.0%)	0.3%	$57.61	+131.8%	CL A	032095101
ECL	ECOLAB INC	14,124 (+8.9%)	$3,708 (+4.4%)	0.7%	$217.65	+22.1%	COM	278865100
ETHA	ISHARES ETHEREUM TR	21,032 (+6.7%)	$472 (-24.0%)	0.1%	$17.43	—	SHS	46438R105
POWL	POWELL INDS INC	5,936 (+2.9%)	$1,892 (+7.6%)	0.3%	$201.81	+66.8%	COM	739128106
WAB	WABTEC	4,752 (+8.1%)	$1,014 (+15.1%)	0.2%	$104.53	+96.4%	COM	929740108
POOL	POOL CORP	3,853 (+56.0%)	$881 (+15.1%)	0.2%	$331.48	-21.7%	COM	73278L105
QQQM	INVESCO EXCH TRADED FD TR II	6,973 (+3.8%)	$1,764 (+6.2%)	0.3%	$208.96	—	NASDAQ 100 ETF	46138G649
BLK	BLACKROCK INC	3,615 (+6.1%)	$3,869 (-2.6%)	0.7%	$989.53	+10.1%	COM	09290D101
TDG	TRANSDIGM GROUP INC	757 (+9.2%)	$1,007 (+10.2%)	0.2%	$767.10	+70.9%	COM	893641100
HASI	HA SUSTAINABLE INFRA CAP INC	34,276 (+6.2%)	$1,077 (+8.7%)	0.2%	$22.90	+35.8%	COM	41068X100
SMMD	ISHARES TR	12,419 (+7.4%)	$931 (+9.1%)	0.2%	$63.79	—	RUSEL 2500 ETF	46435G268
JBBB	JANUS DETROIT STR TR	15,606 (+12.3%)	$744 (+11.2%)	0.1%	$48.15	—	B-BBB CLO ETF	47103U753
ABBV	ABBVIE INC	14,767 (+3.4%)	$3,374 (+2.1%)	0.6%	$148.68	+53.0%	COM	00287Y109
EQIX	EQUINIX INC	1,295 (+6.8%)	$992 (+4.5%)	0.2%	$770.53	+1.4%	COM	29444U700
LOW	LOWES COS INC	15,835 (+5.1%)	$3,819 (+0.9%)	0.7%	$215.56	+11.3%	COM	548661107
TJX	TJX COS INC NEW	2,810 (+1.3%)	$432 (+7.7%)	0.1%	$99.29	+48.8%	COM	872540109
META	META PLATFORMS INC	501 (+8.0%)	$331 (-2.9%)	0.1%	$498.53	+33.9%	CL A	30303M102
ORLY	OREILLY AUTOMOTIVE INC	9,164 (+19.3%)	$836 (+1.0%)	0.1%	$90.31	+8.2%	COM	67103H107

Exited Positions (4)

TBIL RBB FD INC 3.1%

Value ($000) $17,140 Shares 342,799 Est. Cost $49.99 Unrealized —

WY WEYERHAEUSER CO MTN BE 0.4%

Value ($000) $2,271 Shares 91,606 Est. Cost $29.03 Unrealized -20.8%

WINA WINMARK CORP 0.0%

Value ($000) $204 Shares 409 Est. Cost $429.37 Unrealized -0.4%

SUIG SUI GROUP HOLDINGS LIMITED 0.0%

Value ($000) $39 Shares 10,100 Est. Cost $4.52 Unrealized -42.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TBIL	RBB FD INC	342,799	$17,140	3.1%	$49.99	—	—	74933W452
WY	WEYERHAEUSER CO MTN BE	91,606	$2,271	0.4%	$29.03	-20.8%	—	962166104
WINA	WINMARK CORP	409	$204	0.0%	$429.37	-0.4%	—	974250102
SUIG	SUI GROUP HOLDINGS LIMITED	10,100	$39	0.0%	$4.52	-42.8%	—	59982U200

Decreased Positions (10)

FBRT FRANKLIN BSP RLTY TR INC 0.1%

Value ($000) $758 (-95.2%) Shares 75,547 (-94.8%) Est. Cost $12.82 Unrealized —

HYG ISHARES TR 3.4%

Value ($000) $18,904 (-25.4%) Shares 234,458 (-24.9%) Est. Cost $77.06 Unrealized —

SPYM SPDR SERIES TRUST 0.1%

Value ($000) $343 (-90.7%) Shares 4,272 (-90.9%) Est. Cost $67.97 Unrealized —

GOOGL ALPHABET INC 2.7%

Value ($000) $15,196 (+26.5%) Shares 48,551 (-1.7%) Est. Cost $120.30 Unrealized +137.4%

TSLA TESLA INC 2.7%

Value ($000) $15,143 (-8.1%) Shares 33,671 (-9.1%) Est. Cost $260.90 Unrealized +69.9%

CMI CUMMINS INC 0.8%

Value ($000) $4,535 (+19.4%) Shares 8,884 (-1.2%) Est. Cost $265.93 Unrealized +75.4%

NEM NEWMONT CORP 0.9%

Value ($000) $5,018 (+16.5%) Shares 50,254 (-1.6%) Est. Cost $42.49 Unrealized +112.3%

NVDA NVIDIA CORPORATION 4.4%

Value ($000) $24,676 (-1.9%) Shares 132,312 (-1.9%) Est. Cost $93.48 Unrealized +99.1%

PLD PROLOGIS INC. 0.1%

Value ($000) $453 (-43.9%) Shares 3,550 (-49.6%) Est. Cost $107.39 Unrealized +15.3%

AVGO BROADCOM INC 1.1%

Value ($000) $6,199 (+3.5%) Shares 17,910 (-1.4%) Est. Cost $170.49 Unrealized +109.4%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FBRT	FRANKLIN BSP RLTY TR INC	75,547 (-94.8%)	$758 (-95.2%)	0.1%	$12.82	—	COMMON STOCK	35243J101
HYG	ISHARES TR	234,458 (-24.9%)	$18,904 (-25.4%)	3.4%	$77.06	—	IBOXX HI YD ETF	464288513
SPYM	SPDR SERIES TRUST	4,272 (-90.9%)	$343 (-90.7%)	0.1%	$67.97	—	STATE STREET SPD	78464A854
GOOGL	ALPHABET INC	48,551 (-1.7%)	$15,196 (+26.5%)	2.7%	$120.30	+137.4%	CAP STK CL A	02079K305
TSLA	TESLA INC	33,671 (-9.1%)	$15,143 (-8.1%)	2.7%	$260.90	+69.9%	COM	88160R101
CMI	CUMMINS INC	8,884 (-1.2%)	$4,535 (+19.4%)	0.8%	$265.93	+75.4%	COM	231021106
NEM	NEWMONT CORP	50,254 (-1.6%)	$5,018 (+16.5%)	0.9%	$42.49	+112.3%	COM	651639106
NVDA	NVIDIA CORPORATION	132,312 (-1.9%)	$24,676 (-1.9%)	4.4%	$93.48	+99.1%	COM	67066G104
PLD	PROLOGIS INC.	3,550 (-49.6%)	$453 (-43.9%)	0.1%	$107.39	+15.3%	COM	74340W103
AVGO	BROADCOM INC	17,910 (-1.4%)	$6,199 (+3.5%)	1.1%	$170.49	+109.4%	COM	11135F101

Unchanged Positions (15)

LLY ELI LILLY & CO 2.1%

Value ($000) $11,644 Shares 10,835 Est. Cost $409.57 Unrealized +133.3%

BABA ALIBABA GROUP HLDG LTD 1.6%

Value ($000) $8,943 Shares 61,009 Est. Cost $110.49 Unrealized —

AAPL APPLE INC 2.0%

Value ($000) $10,994 Shares 40,441 Est. Cost $152.16 Unrealized +76.4%

PH PARKER-HANNIFIN CORP 0.9%

Value ($000) $5,145 Shares 5,854 Est. Cost $370.98 Unrealized +120.4%

HBM HUDBAY MINERALS INC 0.3%

Value ($000) $1,881 Shares 94,762 Est. Cost $8.57 Unrealized +97.3%

RTX RTX CORPORATION 0.8%

Value ($000) $4,513 Shares 24,610 Est. Cost $92.11 Unrealized +88.2%

CEG CONSTELLATION ENERGY CORP 1.0%

Value ($000) $5,598 Shares 15,846 Est. Cost $228.97 Unrealized +58.6%

LHX L3HARRIS TECHNOLOGIES INC 0.7%

Value ($000) $4,148 Shares 14,129 Est. Cost $209.61 Unrealized +37.6%

PWR QUANTA SVCS INC 2.0%

Value ($000) $11,158 Shares 26,437 Est. Cost $194.53 Unrealized +125.8%

ENVX ENOVIX CORPORATION 0.1%

Value ($000) $308 Shares 42,089 Est. Cost $10.41 Unrealized -7.0%

PLTR PALANTIR TECHNOLOGIES INC 0.4%

Value ($000) $2,488 Shares 13,995 Est. Cost $9.56 Unrealized +1792.9%

TRV TRAVELERS COMPANIES INC 0.1%

Value ($000) $288 Shares 993 Est. Cost $260.70 Unrealized +7.6%

BSX BOSTON SCIENTIFIC CORP 0.1%

Value ($000) $398 Shares 4,170 Est. Cost $100.70 Unrealized -2.6%

SPY SPDR S&P 500 ETF TR 0.1%

Value ($000) $367 Shares 538 Est. Cost $417.50 Unrealized —

PLUG PLUG POWER INC 0.0%

Value ($000) $20 Shares 10,000 Est. Cost $2.24 Unrealized +16.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LLY	ELI LILLY & CO	10,835	$11,644	2.1%	$409.57	+133.3%	COM	532457108
BABA	ALIBABA GROUP HLDG LTD	61,009	$8,943	1.6%	$110.49	—	SPONSORED ADS	01609W102
AAPL	APPLE INC	40,441	$10,994	2.0%	$152.16	+76.4%	COM	037833100
PH	PARKER-HANNIFIN CORP	5,854	$5,145	0.9%	$370.98	+120.4%	COM	701094104
HBM	HUDBAY MINERALS INC	94,762	$1,881	0.3%	$8.57	+97.3%	COM	443628102
RTX	RTX CORPORATION	24,610	$4,513	0.8%	$92.11	+88.2%	COM	75513E101
CEG	CONSTELLATION ENERGY CORP	15,846	$5,598	1.0%	$228.97	+58.6%	COM	21037T109
LHX	L3HARRIS TECHNOLOGIES INC	14,129	$4,148	0.7%	$209.61	+37.6%	COM	502431109
PWR	QUANTA SVCS INC	26,437	$11,158	2.0%	$194.53	+125.8%	COM	74762E102
ENVX	ENOVIX CORPORATION	42,089	$308	0.1%	$10.41	-7.0%	COM	293594107
PLTR	PALANTIR TECHNOLOGIES INC	13,995	$2,488	0.4%	$9.56	+1792.9%	CL A	69608A108
TRV	TRAVELERS COMPANIES INC	993	$288	0.1%	$260.70	+7.6%	COM	89417E109
BSX	BOSTON SCIENTIFIC CORP	4,170	$398	0.1%	$100.70	-2.6%	COM	101137107
SPY	SPDR S&P 500 ETF TR	538	$367	0.1%	$417.50	—	TR UNIT	78462F103
PLUG	PLUG POWER INC	10,000	$20	0.0%	$2.24	+16.5%	COM NEW	72919P202