Andrew Hill Investment Advisors, Inc. Quant / Systematic

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FHN	FIRST HORIZON CORPORATION	295,374	$7,059	5.4%	$22.18	0.0%	COM	320517105
GS	GOLDMAN SACHS GROUP INC	5,177	$4,551	3.5%	$813.35	0.0%	COM	38141G104
GMED	GLOBUS MED INC	41,288	$3,605	2.7%	$75.90	0.0%	CL A	379577208
ILS	ETF OPPORTUNITIES TRUST	151,981	$3,037	2.3%	$19.98	—	BROOKMONT CATAST	26923N470
OKE	ONEOK INC NEW	33,111	$2,434	1.9%	$70.46	0.0%	COM	682680103
ULTA	ULTA BEAUTY INC	3,144	$1,903	1.4%	$549.70	0.0%	COM	90384S303
DE	DEERE & CO	3,467	$1,614	1.2%	$467.69	0.0%	COM	244199105
PG	PROCTER AND GAMBLE CO	9,851	$1,412	1.1%	$147.17	0.0%	COM	742718109
AVGO	BROADCOM INC	3,983	$1,379	1.0%	$357.00	0.0%	COM	11135F101
EXE	EXPAND ENERGY CORPORATION	11,313	$1,249	1.0%	$110.64	0.0%	COM	165167735
RIVN	RIVIAN AUTOMOTIVE INC	56,364	$1,111	0.8%	$15.87	0.0%	COM CL A	76954A103
VITL	VITAL FARMS INC	26,796	$856	0.7%	$35.19	0.0%	COM	92847W103
BALL	BALL CORP	14,820	$785	0.6%	$49.09	0.0%	COM	058498106
SKWD	SKYWARD SPECIALTY INS GROUP	10,368	$530	0.4%	$48.06	0.0%	COM	830940102
ACN	ACCENTURE PLC IRELAND	1,067	$286	0.2%	$254.06	0.0%	SHS CLASS A	G1151C101
ZTS	ZOETIS INC	1,840	$232	0.2%	$130.26	0.0%	CL A	98978V103

Increased Positions (9)

VRTX VERTEX PHARMACEUTICALS INC 4.3%

Value ($000) $5,626 (+287.2%) Shares 12,408 (+234.5%) Est. Cost $397.43 Unrealized +8.5%

NXT NEXTPOWER INC 4.6%

Value ($000) $6,100 (+54.5%) Shares 70,025 (+31.2%) Est. Cost $70.68 Unrealized +28.3%

AAPL APPLE INC 5.1%

Value ($000) $6,645 (+18.5%) Shares 24,440 (+11.0%) Est. Cost $218.87 Unrealized +22.6%

GRMN GARMIN LTD 3.8%

Value ($000) $4,940 (-15.7%) Shares 24,353 (+2.4%) Est. Cost $137.13 Unrealized +58.0%

JPM JPMORGAN CHASE & CO. 5.4%

Value ($000) $7,036 (+9.6%) Shares 21,835 (+7.3%) Est. Cost $166.19 Unrealized +86.2%

MSFT MICROSOFT CORP 4.6%

Value ($000) $6,103 (+10.9%) Shares 12,620 (+18.8%) Est. Cost $353.71 Unrealized +41.5%

NVDA NVIDIA CORPORATION 5.0%

Value ($000) $6,571 (+5.7%) Shares 35,233 (+5.7%) Est. Cost $126.64 Unrealized +47.0%

IDXX IDEXX LABS INC 0.3%

Value ($000) $387 (+21.9%) Shares 571 (+15.1%) Est. Cost $498.33 Unrealized +36.7%

IVV ISHARES TR 0.5%

Value ($000) $601 (+8.9%) Shares 876 (+6.4%) Est. Cost $485.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VRTX	VERTEX PHARMACEUTICALS INC	12,408 (+234.5%)	$5,626 (+287.2%)	4.3%	$397.43	+8.5%	COM	92532F100
NXT	NEXTPOWER INC	70,025 (+31.2%)	$6,100 (+54.5%)	4.6%	$70.68	+28.3%	CLASS A COM	65290E101
AAPL	APPLE INC	24,440 (+11.0%)	$6,645 (+18.5%)	5.1%	$218.87	+22.6%	COM	037833100
GRMN	GARMIN LTD	24,353 (+2.4%)	$4,940 (-15.7%)	3.8%	$137.13	+58.0%	SHS	H2906T109
JPM	JPMORGAN CHASE & CO.	21,835 (+7.3%)	$7,036 (+9.6%)	5.4%	$166.19	+86.2%	COM	46625H100
MSFT	MICROSOFT CORP	12,620 (+18.8%)	$6,103 (+10.9%)	4.6%	$353.71	+41.5%	COM	594918104
NVDA	NVIDIA CORPORATION	35,233 (+5.7%)	$6,571 (+5.7%)	5.0%	$126.64	+47.0%	COM	67066G104
IDXX	IDEXX LABS INC	571 (+15.1%)	$387 (+21.9%)	0.3%	$498.33	+36.7%	COM	45168D104
IVV	ISHARES TR	876 (+6.4%)	$601 (+8.9%)	0.5%	$485.32	—	CORE S&P500 ETF	464287200

Exited Positions (15)

UBER UBER TECHNOLOGIES INC 4.2%

Value ($000) $5,546 Shares 56,610 Est. Cost $76.75 Unrealized +17.3%

AMSC AMERICAN SUPERCONDUCTOR CORP 4.0%

Value ($000) $5,277 Shares 88,855 Est. Cost $20.87 Unrealized +107.2%

NFLX NETFLIX INC 3.4%

Value ($000) $4,454 Shares 3,715 Est. Cost $74.53 Unrealized +44.6%

MSI MOTOROLA SOLUTIONS INC 2.8%

Value ($000) $3,642 Shares 7,963 Est. Cost $374.64 Unrealized +7.0%

COST COSTCO WHSL CORP NEW 2.4%

Value ($000) $3,091 Shares 3,339 Est. Cost $710.18 Unrealized +27.5%

NTRS NORTHERN TR CORP 2.2%

Value ($000) $2,882 Shares 21,409 Est. Cost $100.50 Unrealized +30.1%

NEM NEWMONT CORP 2.1%

Value ($000) $2,819 Shares 33,435 Est. Cost $69.39 Unrealized +30.0%

SPOT SPOTIFY TECHNOLOGY S A 1.1%

Value ($000) $1,510 Shares 2,162 Est. Cost $468.70 Unrealized +33.4%

O REALTY INCOME CORP 1.1%

Value ($000) $1,439 Shares 23,674 Est. Cost $52.58 Unrealized +9.1%

SYK STRYKER CORPORATION 0.8%

Value ($000) $1,106 Shares 2,993 Est. Cost $380.82 Unrealized -4.6%

CHWY CHEWY INC 0.8%

Value ($000) $1,068 Shares 26,406 Est. Cost $39.18 Unrealized -11.4%

— NUVEEN FLOATING RATE INCOME 0.7%

Value ($000) $924 Shares 112,988 Est. Cost $8.71 Unrealized —

CRM SALESFORCE INC 0.6%

Value ($000) $753 Shares 3,177 Est. Cost $251.43 Unrealized -1.3%

SEDG SOLAREDGE TECHNOLOGIES INC 0.5%

Value ($000) $649 Shares 17,539 Est. Cost $29.86 Unrealized +16.8%

EQT EQT CORP 0.3%

Value ($000) $399 Shares 7,327 Est. Cost $41.31 Unrealized +35.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBER	UBER TECHNOLOGIES INC	56,610	$5,546	4.2%	$76.75	+17.3%	—	90353T100
AMSC	AMERICAN SUPERCONDUCTOR CORP	88,855	$5,277	4.0%	$20.87	+107.2%	—	030111207
NFLX	NETFLIX INC	3,715	$4,454	3.4%	$74.53	+44.6%	—	64110L106
MSI	MOTOROLA SOLUTIONS INC	7,963	$3,642	2.8%	$374.64	+7.0%	—	620076307
COST	COSTCO WHSL CORP NEW	3,339	$3,091	2.4%	$710.18	+27.5%	—	22160K105
NTRS	NORTHERN TR CORP	21,409	$2,882	2.2%	$100.50	+30.1%	—	665859104
NEM	NEWMONT CORP	33,435	$2,819	2.1%	$69.39	+30.0%	—	651639106
SPOT	SPOTIFY TECHNOLOGY S A	2,162	$1,510	1.1%	$468.70	+33.4%	—	L8681T102
O	REALTY INCOME CORP	23,674	$1,439	1.1%	$52.58	+9.1%	—	756109104
SYK	STRYKER CORPORATION	2,993	$1,106	0.8%	$380.82	-4.6%	—	863667101
CHWY	CHEWY INC	26,406	$1,068	0.8%	$39.18	-11.4%	—	16679L109
—	NUVEEN FLOATING RATE INCOME	112,988	$924	0.7%	$8.71	—	—	67072T108
CRM	SALESFORCE INC	3,177	$753	0.6%	$251.43	-1.3%	—	79466L302
SEDG	SOLAREDGE TECHNOLOGIES INC	17,539	$649	0.5%	$29.86	+16.8%	—	83417M104
EQT	EQT CORP	7,327	$399	0.3%	$41.31	+35.9%	—	26884L109

Decreased Positions (11)

DUK DUKE ENERGY CORP NEW 1.6%

Value ($000) $2,164 (-52.4%) Shares 18,458 (-49.7%) Est. Cost $106.83 Unrealized +13.8%

CEG CONSTELLATION ENERGY CORP 2.1%

Value ($000) $2,697 (-40.5%) Shares 7,634 (-44.6%) Est. Cost $154.17 Unrealized +135.6%

GEV GE VERNOVA INC 2.3%

Value ($000) $3,081 (-21.5%) Shares 4,714 (-26.2%) Est. Cost $293.23 Unrealized +107.7%

ANET ARISTA NETWORKS INC 0.6%

Value ($000) $732 (-50.3%) Shares 5,584 (-44.8%) Est. Cost $106.83 Unrealized +28.9%

YETI YETI HLDGS INC 3.6%

Value ($000) $4,699 (+10.6%) Shares 106,387 (-16.9%) Est. Cost $32.41 Unrealized +18.7%

AMZN AMAZON COM INC 2.7%

Value ($000) $3,548 (-6.8%) Shares 15,371 (-11.4%) Est. Cost $179.02 Unrealized +27.8%

— BLACKROCK FLOATING RATE INCO 0.3%

Value ($000) $395 (-39.2%) Shares 33,504 (-33.0%) Est. Cost $13.31 Unrealized —

FLDR FIDELITY MERRIMACK STR TR 0.5%

Value ($000) $656 (-8.3%) Shares 13,061 (-8.4%) Est. Cost $50.07 Unrealized —

FLTR VANECK ETF TRUST 0.2%

Value ($000) $319 (-5.1%) Shares 12,511 (-4.8%) Est. Cost $25.45 Unrealized —

JPST J P MORGAN EXCHANGE TRADED F 0.3%

Value ($000) $379 (-2.8%) Shares 7,492 (-2.5%) Est. Cost $50.23 Unrealized —

HASI HA SUSTAINABLE INFRA CAP INC 1.1%

Value ($000) $1,386 (+0.5%) Shares 44,097 (-1.8%) Est. Cost $25.68 Unrealized +21.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
DUK	DUKE ENERGY CORP NEW	18,458 (-49.7%)	$2,164 (-52.4%)	1.6%	$106.83	+13.8%	COM NEW	26441C204
CEG	CONSTELLATION ENERGY CORP	7,634 (-44.6%)	$2,697 (-40.5%)	2.1%	$154.17	+135.6%	COM	21037T109
GEV	GE VERNOVA INC	4,714 (-26.2%)	$3,081 (-21.5%)	2.3%	$293.23	+107.7%	COM	36828A101
ANET	ARISTA NETWORKS INC	5,584 (-44.8%)	$732 (-50.3%)	0.6%	$106.83	+28.9%	COM SHS	040413205
YETI	YETI HLDGS INC	106,387 (-16.9%)	$4,699 (+10.6%)	3.6%	$32.41	+18.7%	COM	98585X104
AMZN	AMAZON COM INC	15,371 (-11.4%)	$3,548 (-6.8%)	2.7%	$179.02	+27.8%	COM	023135106
—	BLACKROCK FLOATING RATE INCO	33,504 (-33.0%)	$395 (-39.2%)	0.3%	$13.31	—	COM	09255X100
FLDR	FIDELITY MERRIMACK STR TR	13,061 (-8.4%)	$656 (-8.3%)	0.5%	$50.07	—	LOW DURTIN ETF	316188408
FLTR	VANECK ETF TRUST	12,511 (-4.8%)	$319 (-5.1%)	0.2%	$25.45	—	IG FLOATING RATE	92189F486
JPST	J P MORGAN EXCHANGE TRADED F	7,492 (-2.5%)	$379 (-2.8%)	0.3%	$50.23	—	ULTRA SHRT ETF	46641Q837
HASI	HA SUSTAINABLE INFRA CAP INC	44,097 (-1.8%)	$1,386 (+0.5%)	1.1%	$25.68	+21.1%	COM	41068X100

Unchanged Positions (11)

GOOGL ALPHABET INC 5.9%

Value ($000) $7,762 Shares 24,797 Est. Cost $209.20 Unrealized +36.5%

GLD SPDR GOLD TR 10.1%

Value ($000) $13,308 Shares 33,578 Est. Cost $296.24 Unrealized —

TMO THERMO FISHER SCIENTIFIC INC 3.9%

Value ($000) $5,177 Shares 8,934 Est. Cost $435.80 Unrealized +29.7%

GE GE AEROSPACE 4.2%

Value ($000) $5,503 Shares 17,865 Est. Cost $192.85 Unrealized +56.0%

CTRE CARETRUST REIT INC 1.3%

Value ($000) $1,719 Shares 47,537 Est. Cost $34.68 Unrealized —

KMB KIMBERLY-CLARK CORP 0.2%

Value ($000) $242 Shares 2,400 Est. Cost $114.08 Unrealized -5.0%

CCL CARNIVAL CORP 0.3%

Value ($000) $336 Shares 11,000 Est. Cost $14.52 Unrealized +92.1%

ABT ABBOTT LABS 0.2%

Value ($000) $246 Shares 1,967 Est. Cost $126.00 Unrealized +1.0%

— BLACKROCK MUN TARGET TERM TR 0.5%

Value ($000) $597 Shares 26,154 Est. Cost $25.58 Unrealized —

VUG VANGUARD INDEX FDS 0.2%

Value ($000) $301 Shares 616 Est. Cost $438.40 Unrealized —

— LIBERTY MEDIA CORP DEL 0.0%

Value ($000) $1 Shares 10,000 Est. Cost $0.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
GOOGL	ALPHABET INC	24,797	$7,762	5.9%	$209.20	+36.5%	CAP STK CL A	02079K305
GLD	SPDR GOLD TR	33,578	$13,308	10.1%	$296.24	—	GOLD SHS	78463V107
TMO	THERMO FISHER SCIENTIFIC INC	8,934	$5,177	3.9%	$435.80	+29.7%	COM	883556102
GE	GE AEROSPACE	17,865	$5,503	4.2%	$192.85	+56.0%	COM NEW	369604301
CTRE	CARETRUST REIT INC	47,537	$1,719	1.3%	$34.68	—	COM	14174T107
KMB	KIMBERLY-CLARK CORP	2,400	$242	0.2%	$114.08	-5.0%	COM	494368103
CCL	CARNIVAL CORP	11,000	$336	0.3%	$14.52	+92.1%	UNIT 99/99/9999	143658300
ABT	ABBOTT LABS	1,967	$246	0.2%	$126.00	+1.0%	COM	002824100
—	BLACKROCK MUN TARGET TERM TR	26,154	$597	0.5%	$25.58	—	COM SHS BEN IN	09257P105
VUG	VANGUARD INDEX FDS	616	$301	0.2%	$438.40	—	GROWTH ETF	922908736
—	LIBERTY MEDIA CORP DEL	10,000	$1	0.0%	$0.60	—	DEB 4.000%11/1	530715AG6